Evening Star Newspaper, March 21, 1921, Page 21

FINANCIAL LIGHT BUSINESS IN LOCAL SECURITIES Values Firm—Dividends De- clared—Finance Corpora- tion Grows Apace. BY I A. FLEMING. Business on today's scssion of the Jocal exchange was abnorm slow. Not for months has there been su.h Testricted action. Whether it is beginning of the dul! season or a tle rest between spurts of activity re- mains to be seen. Bankers assert that th have shown little intcrest Ajax Rubber. Alaska Gold. Alaska Juro.... Allled Chemical. . Allfed Chemlcal pt Alll= Chalmers.... Am Ban Am Reet Sugar, A Hosch Am Cotton Ol. Am Druzsts Am Hide & Lea.... Am H e & Leapt. Am Tce pf. Tnternational. n Linseed. .. .| Am Linsced pt.. Am Locomotive | Am Safety Razo Am Ship & Com. Am Smelting. Am Smelting pf. Am Stee! Fdy Open. .. 88 1% 1% . 4% 9 281 . 2% late. although the scribers to the last 1 Am Suzar certificates. Am Sugar pf. Not a single sale of bonds w Am Sumatra ©on today's session. The bid 2nd Am Tal & Teleg. quotations showed no mate: !ehange | am Tobacco. .. N8 and the call of stocks showed aii the | o Fqt B00T gl feg old favorites fairly well supiorted, | o OO ::;":vi:: no business to amo! (e R o Washington Gas 7! notes remained | \raconda. wh pegged at 100 As=o Dr 2% A “sale of National Savings Assn Dy G 1st pt.. #2 Trust Company shares wa Arso O at 280 and a single share of Lanston at 73. Dividends Declared. The American Security & Trust Com- pany will pay its regular quarterly divi- dend of 3 per cent Aprii 1 to share- holders of record March 31. The District National Bank will pay 2 per cent quarterly March 31 to share- holders of record March 26 Personal Mention. Floyd Davis, president of the Lincoln National Bank, and J. F. Rice, manager of the foreign exchange department of the same bank, have returned from a few days’ stay in New York, where Mr. Rice studied his specialty at the various important exchange banks. Mr. Dav found business rather slow and ban encouraged, while not oversatisfied with conditions. Finance Corporation Activity. A semi-annual dividend of 4l: per cent on the preferred stock of the International Finance Corporation has Jjust been declared pavable May 1 to preferred stockholders of record March 31. In announcing the dividend, J. A. M Adair, president of the corporation, =aid that the International Finunce Corporation is now doing business at the rate of over $5.000,000 a year. During the past fourteen days the corporation had placed $229.000 on its books. “This business in all probability Wwould have gone to some other city had not our corporation been in a|Col Gas position to take care of it,” he said. | Col Graphophone ~as it was a class of commercial credit | Col Graph pf. business which the Washington banks do not handle directly themselves. “By purchasing good book accounts and acceptances from manufacturers and wholesalers our corporatior and similar commercial banking institu- tions are performing an important ‘service at this time in helping to re- jStore normal business conditions. Through such semi-banking institu- jtons as the International Finance Corporation many millions of dollars which would otherwise be tied up | frozen credit’ are being made avai able for profitable use in active busi- i ness. “In the final analysis the sale of Atent Atlanta Atlant'e Ariantl Central Leat Central Leath pf. Cerrn de Pasco. Chandler Motor. Ches & Ohlo.. ChiMil1 & St P. Chi Mil & St P pf. Chi & Northwn Chi Pneu Tool Chi R T & Pacifl ChiRT& P 6%t ChiStPM&O.. Chile Copper. Chino Copper. Coca-Cola. . Colo & Southern. Cons Cigar. Cons Intl Cal Min.. Cont Can.. Cont Candy. Corn Products. Corn Products pf Cosden & Co. . Crucible Steel Cuban-Am Sugar Cuba Cane Sugar. Ctba Cane Su pf.. Del Lack & Wstn. Denv & Rio Gr. Denv & Rio G pf..., 2% Dome Mines. . . 1% open accounts only means the con- | Endicott-Johnson. 624 !version of an otherwise unbankable | Erie i asset into active working capital.|Erie 15t pf 18% | Barks are not equipped or organized | Famous Player % to handle and safeguard acceunts|Famous players pf 8 taken as collateral. Fisk Rubber. 1% “A diatinct advantage of our cor-|Gaston Williams.. 1% poration is the fact that our business is always in such shape that any one month’s collections. plus cash bal- ances, will liquidate at any time our entire indebtedness represented in full by collaterial trust notes out- tstanding regardless of maturities' The corporation now has 1.200 Stock- holders. largely in Washington, with a total stock subscription amounting ! to over $680.000 Wal reet Notes. Operating expenses are said to have consumed the railroad dollars in 1920, March 1. 1921, there were 26. 397 pounds of creamery butter in cold storage. Looks like there might be :mome frozen credit lignidated, as the igrass is green. All told there are 1139.161.469 nounds of foedstuffs in {cold storage. National Railwavs of Mexico show cash on hand $840,174, and a profit tand loss deffeiency of $169,445,025 for ll!{obnapt\ra!mns. L vies Warfield has offered a rail- road efficiency plan. g The Sonora Phonograph Company has declared the recular dividend on the Gen Asphalt Gen Cigar Gen Electric ;en Motors. Gen Motors pf. Uen Mot 6% deb. Gen Mot 7% deb... Gray & Davis. Goodrich.. . Granby Consol. Great Northern pt. Great Nor Ore Greene-Canal Homestake Houston Oil. Inspiration Ipzerboro Metro Interboro Met pf.. Intl Agri Chem pt. Intl Harvester.... Int] Mer Marine. Int] Mer Marine p. Intl Motor Truck. Intl Truck 2d pf. eferred shares, 2 i intl Nickel 1B% i BeTr ooy “"“""Ixnur.p:r.ol.l 8% Phillips Petroleum charged og $1,642,- | Invincible Oil. 665 for depl n. ik .60 Iron Products..... 38 Increases in payrolls in ten of the |lsland Oil 4% fourteen chief industries is an-|Jewel Tea- nounced by the Department of Labor. The largest increase is in the woolen industry The smallest in iron and steel. The largest decrease of em- ployment is in hosiery and underwear. Soft coal mining shows a very slight decrease. Jewel Tea Dt Kansas City Sou.. Kelly-Spring Tire. Kennecott.. Keystone Tire Lackawanna Steel The National Bank of Commerce of | Lake Erie& W.... 11 New York helieve oy n ol | Cake Erie & W pL. 1% will continue hig 5 Lee Tire & Rubber 4% _— Lehigh Valley-.... W% Loews Inc. Lott Inc. . | Loose-Wiles g | Lout 100 Maxwell Motors. Maxwell 1st pf May Dept Stor | Mexican Pete. Miami Copper stiddie States Oil A Midval 2% NEW YORK. March 21.—The move- | yinr g StL (0)--- 9 ment in the bond market today was|yini g p&SSM. 6% somewhat confused, owing to theMIPEStE Gl presence of several factors that are [ 30 K&f T 18 Pulling in opposite directions. Mo ey 1% On the one hand the market was|Mo Facificpt. helped by the decline in money rates and by the improvement generally in the banking and credit position dis- ciosed in the statements for the last week Also the Silesian news was favorably construed in the bond list, as it was {in stocks. On the other hand. how jever, the continued pressure against | ay shares developing a number K spots in this dircction had a depressing effect in t | !in railway bonds, wh { jmorning. had been rat ward higher prices Liberty unchanged during the er inclined to- they did little more substantial gains baif of week. Belgian 68 went up from 90%: to 90%. but late lost part of the gain. At 93% FPrench 3% were down a quarter of a point. {United Kingdom 5i-x of 1937 held taround £33. the same as last week. Danigh Municipal §8 were also un- changed at 97%. Belglan $a were than hold the . ‘evada Coppe: i N Y Air Brake i N Y Central.. { N Y Dock. - NYNH& Hart. ade in the latter | Ot H bonds were aubstantially | Northern Pacific. from Saturday's closing.! Nova Scotia Steel. JForeign governments were steady, but | Nunnally Co. ahoma Prod... Eievator. .. Pac Development. 14 Facll I A e s Pan-Am Pete (B). Parish & Bingham Pennsylvant; Penn Seabd Steel. . 15 Montgomery Ward 17 Nat! Biscuit....... { Natl Biscuit pf. Natl Condult. Natl Enameling. Natl Enamel pt 6% 1% .. 2% {active at 97%. at which fgure they| People’s Gi a were off slightly on the day | Eere H.quu:u,m 1 Some Gain fn Rall Bonds, Phila Company... 3% N 2 Rallway bonds went a trifie hm‘"} Phillips Petroleum 25k ias a rule. during the early part of the sassion, with advances of a half point jor #o in Southern Rallway 4. Missourt | {Pacific 45, Unfon Pacific refunding 4s | “and others H In the afternoon. however, trajlway shares weakened, the adva n bonds was pariiv o oo | Among industrials the features=were Tnited States Steel sinking fund qualed their high of th 15 the new Amelican iSugar 53, which made ¢ high of 100%. and the Tidewater Oil 6l4m, which were up a h All traction lssues were actly ¥ dontt in st advancing prices, anti-ipnting | Kemington Typr. iep Iron & Steel 'p Motor Truck. . Royal Dutch. the benefits to foliow the passage at Aibany of the new traction bills. —_——— o FOREIGN EXCHANG Quotations farntancd by W. Belling checks. dollar va ~ndon 392 Pierce-Arrow Plerce-Arrow ! Plerce Oil..... Plerce Ol pf. Pitts Coal. . when | Pitt nd Creek Coa! Public Servof NJ. Pullman Co. year| punta Alegre | Pure Ofl. ... f point, to 963 | StL & San Fran. St Louls Southwn. Savage Armi ~Saxon Motors, Seaboard Afr Line. aboard A L pf. . rs Roebuck. . ‘eneca Copper. Shell Trad & Tran, THE NEW YORK STOCK EXCHANGE. Received by Private Wire Direct to The Star Office. High. Low. 2:33. Open. High. Low. 2:35. 3% 38 3% |SinclalrOfl....... 33 m% 1 D% 1% 1% 1% |Sloss-ShefMeld.... % 4% 4% &% 1% 1% 1%|Southern Pacifio.. T4% W% ™% 74 W% @% 4% |Southern Raflway. 2I 31 2% 204 #9 8 8 |SouthernRy pt sl Bi% 28% 86% 96% |StandOllofNJ. ue 11 5% 2% |Stand OII N J pf. 100% 107% 42 4 |Stewart-Warner. ® 2% 67% (6% 6% |Stromberg Carb. % % 50 29% 9% [Studebaker. . 6% 6% 12% 122 122% | Submarine Boat. 5 8% n - 22 2 [TemtorCorn (A) 1BY 13 1% 6% 6% 6% | Tenn Copper. % TR T 10% 9% 10% | Texas Company. @ A aa 4% 47 ¢4 | Texas & Pacific 2% 0% 20's 62% €2% 2% |Texas & PC & OMl. 26% 26% 2% 25% % 4% 4% | Third Avenue. 18Y% 0% 18% 20% 8% 2% 6% | Tobaceo Prod @ an 85y 85% 8% | Trans Contl Of1 8% 8% & 88% 8% |UalonOfl. .. 9% 1% €% 6% €5 ('nfon Pactfic. nm™ NI ek s 8% 8% |I'mon Paciflopf... €6 66 66 40T 9% 40 "nited Drug. ” 4 ” 6% 7@ B3% [ United Druglst... 4% 4% % 30 9% 2% | United Frult. 1024 102% 101% M 8% fnited Retafl Stre. 6014 0% 49% 104 106 1 1R Cast Ir Pipe... 18 18% 11% 07 % | T S Cast Iron pf... ® o 100 4 100|173 Food Prod. 3% 2 16% 115 1i5 | U SIndus Alcohol. T es% 12t 113% 118' | U S Realty. . 4% 5% 5% 658 +6'a F6'5 | TTS Rubber....... T% T8% 0% 9 U Rubber1stpf. 102 102 102 ey 17S Smelt & Ref... 0% 0% 29% e U 35teel. .. L 8I1% 8% 80K &% “I*ah Copper. w7 9% 8% @ Utah Securiti 12 12 12 st Vanadlum Corp... 30% 30% 28% 1 ~Car Chem 3% Bth 1% s Va-CarChemDf... 9115 9% 9% a1 Va Iron Coal & C. 8 &8 B % 6% o4 ™ % e o 19% 19% v Wells-Fargo 6% 6% 6% Westarn Md. . s 9% 9% 9% Western Md 2d 1% 6% 16% 16% Western Pacific... 26% 6% 26% 26% Western Union.... 88 8% 88 85% Wheeling &LE... 8% 8% 8% 8% White Motor. ... 0% a% 5 Willys-Overland % T % 12% 17% | Worthington Pmp. 50 5l% 49% 4% 1 % | Worthington (B).. 64 64 624 624 L i High. Low. Last. s Call Money. ... e 6 6 4% & 41| HOURLY SALES OF STOCKS. 8% 8% 26%| jiam. ... 21300 12m _,:.:'a gfm% = 1pm.....42200 Zp.m. 59 58% B8 P u% n% B% CURB STOCKS. 3% 3% 2% Quotations furnished by W. B. Hibbs & Co. e 6 6 . 1215 pm~ © & & Bid. Asked. 6% 25 96 |Alled Expl B ’; o 61 ro% 6ok |Anied Ol oo Da 4 58 88 i:“ Atlantie Petrolenn - 2% 2 0% 9% g Heart . & O Io% 2% 204 | BiE Ledge B T2 Boone Ol Doaw 22 2% 2 |gogton and Montana. Doer L] 38 2% M%) Boston and Wyoming. A L5 1132 5% 9 Caledonta ... 2o U e Calomet and jerome R @ Carbon Steat . £ o % Carib Syndicat &% Carib Trading ‘m ‘:K 61% | Car Light -and 2 Cities Service (new). 27 14 1% - 1% Gities Bervice (old) 33 Wh T T l:mel‘.fe;vlce »td 3 . . Col Ir o M 10 102% | Colomblan, Baseraid D odg o 4 P ‘olumbia Syndica'te B i”-': 2% 2% 2 S 2% 24 24 |DavisDaly . 5 % B 6K | Rotor 2y 06 206 106 | Bk Basin . R 4 % 1 1 [Eetel 0fl . LR 2% 2 2| Eureka Oroesus l13.48 1% 6% 16% | Fafrell Coal e 6% 1% 63 |gGiililand O 5 2% 12 12 GD:nmk P‘!’“l é\ i . Goldwyn Pletures e e s Gufley Grlespie ) Granada 0! g 82 82 8 |Hela ... . a3y 4 16% 14% 15% | Hercules Paper. & 10 1% 1% 1% | Indian Packing s i:‘. :‘ €0% €03 | 10 oo mational Petroleum (new).. 14% 14% 58% | Jerome Verde. n 3.1 135 (EKay County Gi (A 11 1% LR 4 70 & 5% 2% 3 s Maracaibo Ofl 249 '"'“ araca 2 24 “: Mariand_Refinery 2 i 31% | Mason Valley 3% 5 19 | Merritt Oil 1n% 12y 73% | Midwest Oil ' com. in a2 | Midwest OIl ptd. 3 21 ;! ‘;l:nn'mu g r. 06 New Cornelia 14% [} Nipissing Mines . % 8 15 | North Amer. P and 3% 4 % Northwestern Oil 7 Omar Ol (new) % a1 12% | Peanok 0l W oy 8% | Perfeetion Tire 13 16% | Brodu 5 s Radio % 1% 48% | Radio pfd. 2 214 n% ll_:ly Hemlflmm i 5 Consol 2 3 :’l: Bait” Creek Producisg. B 6% | Simme. petroi = b Skelly Oil . e los sy o 9 8% 18 18 Swift lnlm:ml = 88 £ 33 | Tooopah Bxtens 16 % 4% 4% | United Bastern 16 . % 9% 9% |0- B Light and Heat com. % 10 U. 8. Light end Heat pfd % 25% 26% 26% | United Profit Sharing. b4 2% 22 ® |U. 8 Steamehip.. 9% 41% | United Retall Candy. 7 8% 18% United Texas Warren _ Bros. s 1% | wasiang i % 52! 2% ayne 2 1% 19 g CHICAGO— 2 25 2% 2% | Armour pfd. . 0% o1 B0% 49% 49% | Cudaby Packing 50 53 T 10: 1014 0% 9% . 101 102 _— Y% 364 100 100 100 OIL STOCKS, 6% 6% 6%| Quotations farnished by W. B. Hibm & Co. 8 8 1 Bid. Asked. 81 81 81 |Anglo-American Ol Co. (new).. 1735 1% 104% 143 | Atlantle Refining_Co.. 500" 930 Borne-Scrymser Co. 30 3 17% 17% | Buckeye Pipe Line Co. = 51 1% 13 | Cheseborough Manufacturing Co. 165 0% 9% 29% | Continental 0il Co.. i 0 9% 10 | Crescent Pipe Line Co. 29 3 Cumberiand Pif Line. 08 6 |buen pipe L. sal oil ), B3kl cuse s ol G o Illiois Pipe L 6% 6 . 36 |jndiana Pipe Line 1% 17 17% Nl!h?l m! Co. w_York Transpo e i | Vee Mok et : Ohio O 00, «....« 2 2% 2% 2% | Pennsylyania Mexican Fuel 0% 60% 60% l"rl:r:t g:l ln’:‘ (;I: Co, Prairi pe Co.. 2 0 Mr;alrh'nca?n[ uf (: Sou o Co. 10l % % % :«3-:‘?»-"’:0:1 o Southwest. Penn. Pipe Line Co.. 0% s 3 2% c 16 8 % Standard 0il Co. 8% 6% TI% Standard Ol Co. s _— 2 = w2 0% 10% 10% BAR SILVER QUOTATIONS. 3% i% 8| NEW YORK, March 21.—Bar silver 16 128 1 | —Domestic, 99%: foreign, 57%. Mexi. TR T T i Se i A LONDON. March 21.—Bar silver, ,::“ B ::: 33%d per ounce. Money, 5% per cent. W1 6% eerg | Discount rates: Short biils, 8 per cent: e $he (4| three-month bills, 6% per cent. B4 3% e o 1% 134 15%| CHICAGO LIVE STOCK MARKET. @% a% 2w | CHICAGO, March 21 (United States 1% 174 nis% | Bureau of Markets).—Cattle—Re- 0 BN : 16,000 nea i Deet steers slow, i early msales to shippers = Siw | 8teady to “strong; bulk beef stoers, ~ %2 | 86088.75; butcher she stock strong B Sos [ to 25 hiEher: bulk fat cows and A heifers, 6.76a7.50; canners and cut- % T T/ tern, largely 3.00a4.50; culls steady 9% 50% 9% | bulk, 5.256. calves alow, lo 8% 8% 8% |bulk vealers, 10.00a11.00; atocker: 2% 24% 24% | and fecders steady. 19% 13% %] Cattie—Hecelpts, 25.000 head: light @ ] 65 and Ilight butchers mostly 15 to 25 108 104 101 | higher; others slow, moatly steady % @% 7% | to 16 higher t g @ 2% sz | oD, 1175 early: bulk, 200 Ib e 13" |11-15u11.60; bulk, 220" Ibs. % u% 050" 6% 6% 67 Pigs, 25 higher. 2% a a Sheep—Recelpts, 17,000; slow, gen- 31 8% 31 |erally 25 to 60 higher: lamb top, 10.75 @% €% 68 | early to clty butchers; 80-b. shorn 2% 10 20%|lambs, 9.50; some held higher; bulk a%x 6% et |fat wooled lambs, early, 9.50a10.2 12 n% %[ 100-1b. shorn yearlings ' and twos, 2% 21 2z | mixed, 6 no sheep sold early. 7 6% % —_— n o7ou LIBERTY BOND NOON PRICES, % 5% % | NEW YORK, March 21.—Pric 615 6% 64| liberty bonds' at 10 10 |90.40; fi-at 4s, 87.00 bid; I 78 | 86.80 bid; first 41 1% riy third 4%s, 0 a o victory 3%s, 97.12 97.10. NEWS OF DAY IS Co NEW give, c new tinctly an earl tions, lems Conversely clude, with German that this would MORE FAVORABLE Stock Market Nervous, But Foreign Affairs Give En- liminary although influence in the financi tion today. the marke ) to look upon a Polish victory as uragement to Street. BY STUART P. WEST. YORK, March 21.—The pre- returns from Upper Silesia, admittedly quite inconclu- ontributed the most important 1 situa- Regardless of sentiment, s of the world wei v dis unfavorable to the prospect of ¥ settlement of German repara- ar the same time good deal of fresh uncerts how the allies would collecl demnities upon which they are count- ing. France in an especlially critical manner. to settle their financial prob- t home. they were ready to con- retaining Silesia, have an important bearing upon the whole German atti- tude toward reparations, very mater: In many minds the Sileslan r means the disappearance of great commercial nation cuperation, men, | merce. So, w! much man s had a for Cotton any of Publi higher. est in wise a The the ha rather created coverin; rise in This theory was a pools ol of one dusted inspect casion the wellbeing of international Exerts Favorable Influence. ing business markets, the counted on the stock e: markably ports over importance. matters nical ground Pierce Arrow took the lead in the motor group today and, as usual, the old story of buying for the account industry was taken hastening lly an agreement. ult the whole difference between Germany as a and her r which, by all practical < recognized ax necessary for com- hile cable reports received dur- ours still left room for the indications of Ger- uccess yesterday at the D favorable reaction in all Sterling went to a new high current movement. Fran doubt, the and marks swung along moderatel options, the most concerned of the commodity market, rose fairly sharply. c securities traded in on the various exchanges were most of them Where the Silesian change was in news the nature of helning steady the m ket against heavy profit-talking sale on in the rate on stand- to 61 per cent—the low two months—following the i favorable federal reserve r the end, was ik supportinz influence of much stock market. however, still in nds of the professionals, gave less attention to these outside than to the in ituation by last week's extensive short & and the comparatively rapid price: element went to work on the that a rection was due on tch- and most of the day it conflict between these profes- sional sellers on the one hand, and the operations of various individuals and n the other hand that were in- Pierce Arrow Strong. of the big men of the motor off the ion. The story on previous o used to be that General Mo- tors was buying a controlling interest in the Durant company. That was when Mr. was at the head of the Gen- eral Motors Corporation. Lee ground of the pany. Lee Rubber Higher. Rubber got into new high today on a better appreciation financial condi on of the com- The ann report, which made its appearance last week, showed cur- rent assets liabilitles of only six to ventory at a above at $4,207,529 and current $666.281, a ratio of one. Instead of accruing in “fair market value’ the actual ] vel, the company marked everything down to cost or actual ever was rubber market December 31, which- lower. Outstanding crude contracts are at prices averag- ing below the December 31 market price. Thése commitments are sufficient for siz months' operation, which gives the company the assurance of low cost raw material for some time to come, to plant Additions and improvements have been completed and paid for, giving Lee Rubber a capacit: of 2.000 tires per day, as against 1.000 at the end of 1919. Sales for last year were the highest on record and present operations are about 50 per cent of theoretical capacity, with sales exceeding output. Wi Natior 280. 10 at 280, 10 at 230, Lansto Washington Stock Exchange ington Gas terested in establishing higher prices for a number of special stocks. shelf. off and trotted out for publ Bid and Asked Prices SALES. $1,000 at 100% al Savings and Truat Company- 10 at n Monotype—1 at 78. BONDS PUBLIC UTILITIES. [ American Tel. and Telga. 4r.... American Tel. and Telga. 413s. . Am. Tel. America Anacostis pesi uud Tel. ctll tr. be.. Tel. and Tel. cons. Ga. a and Potomac : d Potomac guar. nd Potomac Tel. bs. apes ‘apital Traction It. K. x. 'y and Suburban 5 Metropolitan K. R. 5 Potomac Potomac Potomac ital District H Amerles: a Comme: Becurity Seventh United rms Mergent] 014 Dui Lanston B Way *Ex. PARIS BOURSE QUIET. March 21.—Trading was doll times. Amertean Tel. and Teiga. American Columbia Conmunercial tinental Trust .. National Savings and n Trust ...... i ington Loan and Trust... East Washington Merchants Unlon Savings Washington Mecl Nutional Unlon .. Cclumbia Title 014 "Dutch Market com. urity Htorage hington Marke PARIS, quiet on the bourse today. 3 per cent rentes, 58 francs 20 centimes; exchan on London, 56 franca 25 centimes; cent loans, 83 francs 96 centimes. Electric Ligh Electzic cons. 3. STOCKS PUBLIC UTILITIES Traction TRUST COMPANY. n Security and Tru Truvd SAVINGS BANKS. e and Saving: 3 Saving: i Street 5 Btat American TITLE INSU haler Linotype. teh Market Monotype vidend. P was quoted at 14 francs 33 cen- EVENING STAR, WASHINGTON, D. C, MONDAY, MARCH 21, 1921 TODAY’S BOND PRICES. Noon prices reported to The Star over direct New York-Washington wire by Redmond & Co. City of Paris 6s 192! 26% French Government Ss..... Government of Switzerland Belgium 7hs. . aud Ireland and Jrelend . and Ireland Const Atlantic ReSuing Baltimore and Obio Baitimore and Obio 0 Haltimore and Ohio Bteel refd Central Leather 0s. W Div 3 <apeake aud Ohlo con .. Burlington and Quincy ju 4s ... Milwauke Paui refd Y143 Milwauke and 8t. Panl conv. 43 . Ko Northwestern Tx 1930 ... ... 1 Rock Island and go Union St Connolidated Gas 7. BN Delaware and Iudson 7n 1930 e general | e General Electr Hlinols Central 5t ... Internationnl Mercantile inter. Rapid Transit st Loulysille Mo., Kans Missourl Pacific general 4« New York Ceniral 75 1930 New York Central deb. e ew York Teicphone fix Norfolk and Western cony. s iy Ohi. 0 nsyivania Pennsylvanis gen. mortgage 4ls<...... Reading general 4« 5 St. Louls and San F and San Franci St Lon d San ¥ c 5 % Seaboard Air Line refdg. 4s 3 GRAIN AND PROVISIONS. BALTIMORE, March 21 (Special).— Fotatoes, white, per 100 pounds, 1.00a 5. 80290; Cobblers, 1.00 sweets, per barrel, 1.25; No. 1.0026.00 E 4.0025.00; No. 2 and culls, 2.50a3 Beans, green, pearl and wax, per crate, 3.00a26.00. Eeets, per bunch, 4a Cabbage, per ton, §.00a12.00. flower, per crate, 2.5023.00. Cucum- bers, per box, 7.00a8.00. Celery, crate, 2.00a2.00. Eggplants, per 3.00a7.00. Kale BT Lettuce, per baske! per 100 pounds, per bushel, 1.00. per crate. 5.00a6.00. Radishes, per basket, 1.5 2.50. Spinach, per barrel, 1.50al per basket, 4.00a5.00. per crate, 1.50a6.00. per bushel, 1 Apples, per bar- . 3.50a6.50: per b 0a3.00; loose. per 100 pounds, 2.00a2.30. Oranges, per ul! Tur- box. 2.00a3.75. Grapefruit, per box, 2.50a4.50. Tan- gerines, per strap, 8.00a10.00. Cran- berries, per barrel, 20.00225.00. Straw berries, per quart, 30a60. Selling Prices at Noon. Wheat—No. 2 red winter, spot, 1. No. 2 red winter, garlicky, spot. 1 nominal; March, 15912 nominal; May 1.62 nominal Wheat sales—Bag lots of nearby, by sample, 1.25. 1.40 and 1.43. Corn—Cob. new, vellow, barrel, In cargoes; contract c 8% per bushel April, £3; track corn, better, § Corn' s None. O: . 2 white, 4 per bushel asked; No. 3. 50 per bushel asked. Rye —Bag lots of nearby rye, as to quality, 1.50a1.60 per bushel: No. 2 western export, spot, 1.62 nominal 50: No. 3 timoth: 1 timoth timoth 2 . . 3 light clover mixed, 19.00222.00; No. 1 clover mixed, 21.00a 3.00; No. 2 clover mixed, 16.50220.00; 0. 3, 13.00a16.00; No. 1 clover, 21.50a 2 clover, 16.50a29.00; No. 3. 12.00216.00; sample hay. 10.00a15.00. Straw—No. 1, nominal; No. 2 straight rye. nominal; 1 tangled rye, 17.00; No. 2 tangled rye, 16.00; No. 1 wheat, 13.00a13.50; No. 2 wheat, 2.00a12.50; No. 1 oat. nominal, 18.00a 18.50; No. 2 oat, 16.00a17.00. CHICAGO, March 21.—Buying on the part of houses with seaboard con- nections gave a decided upward swing to the wheat market today. Indica- tions pointed to considerable export business. and country offerings were light. Besides, gossip concerning a new emergency tariff bill counted somewhat in favor of the bulls. Open- ing prices. which varied from un- changed figures to 1% higher. with: were followed by sharpj March 153 to 153%. and May, to 1.43%, gains all around. Corn rose with wheat. After open- ing unchanged to %a% higher, in- cluding May at 70a70%. the market scored a moderate general advance. Damage resulting from the elevator explosion here had a bullish effect on the oats market. which started 14 to %a% higher, with May 41%a 41%, and then hardened still more. Higher quotations on hogs put strength into provision. Potatoes—Weak; receipts, 100 cars: northern white, sacked and bulk, 1.00 all5 cwt: Minnesota early Ohios, sacked, 1.25 cwt. Competition between shippers and industries was in evidence, but the corn market slipped downward when wheat showed weakness. The close was heavy %a% to lall net low with May 65%a% to 65%. lackening of demand in part of the day led the speculs selling. Gains were practically wiped out, and the wheat market sed nervous at l; net decline to advance, with March 1524 to 15 and May 1.41% to 1.42. High. 1570 a4z = i34 9% YORK, March spring _ patents Kans 8.35a8.75: spring clear: .2 : winter straights, 8.00a8.35 Pork—Steady; mess, 30.00a31.00; family, 38.00240.00. Lard—Nominal. 40%, -Flour— NEW Quiet; COTTON MARKETS. NEW YORK, March 21—The cot- ton market was higher at the open ing today owing to renewed reports of improving Manchester conditions and higher Liverpool cables. First prices hera showed an advance of 22 to 31 points, with May melling at 11.98 and July at 12.40. Local and Wall street buying absorbed the Initial offerings from the south, but there was consfderable scattéred selling, and later fluctuations were irregular. Futures opened firm; May. 11.95; December. NEW ORLEANS, March 21.—Prices were higher in the cotton market to- day In the face of larger ginning returns than expected. Cables were better than due and the retention of Silesla by Germany was regarded as 2 bullish development of importance. Futures opened steady. March, 11.02; May, 11.42; July, 11.80; Oc- tober, 12.36; December, 12.54. LIVERPOOL, March 21.—Cotton— Spot quiet; prices irregular. middling, 87¢; fully middling, middling, 7.30; low middling, good ordinary, 5.15; ordinary, Sales, 5,000 'bales, indluding 3,600 American. Reoeipts, 8,000 bales, in- oluding 4,000 American. Futures closed quiet and steady. March, 7.73; May, 7.85; July, 8.00; Ootober, 8.17; December, 8.33; January, 8.25. Weekly ootton statistics: Total forwarded to mills, 30,000 bales, of which Americen, = 30,000, Stooi, 1,020,000; American, 635,000 Im- ports, 35,000; American, 29,000. Ex- ports, 6,000; American, 5,000. GOODYEAR DEFERS AGAIN. AKRON, Ohio, March 21L.—An- nouncement was made at the offices of the Goodyear Tire and Rubber Cmcny todsy that the stockholders’ m ng on refinancing plans, sched- uled for tomorrow, again would be ned foi & short period, per | Sealvard Afr Line adj). b Southern Pacific ist ref. 4s.. Southern Pacific conv. 48 Bouthern Railway gen. 4 Southern Railway Ds.. Tnion Pacific lst 4 Tmion Pacific 6s 192 Virginia-Carolina Chemical Wilson & Co. Ist Gs. SHORT-TERM S| (Reported by R:dmond & Co.) BI American | American American teel lian Pacifie Argentine B 1971, 15 1921 | Westors | Wextipghouse per doz., poultry—Roosters, per Ib.. 21 ICERTIFIED INVESTMENTS CHAS. 8. SHAPLEY 713 Albee Bldg. Frask. 834 2¢° $5,000 Life Policy, $57.35 Age 0. Send date of birth for iliustraties particulary st your age. M. LE ROY GUFV, lnsurance Advises Bz 713 Wosdward B M. 80 IBERTY BOND. Ly Bend Excbane \ Harriman & Co. MEMBERS: New York Stock Exchange 111 Broadway, New York 2110707000000 1010700 IR Washington Office COLORADO BUILDING Telephone M 1003 G. B. CHIPMAN Manager ver Ib. 45a53: chicken: per b, 40a45: hens. per F s, young, each, 50a | oreig‘n Exchangc Dressed poultry — Fresh killed spring chickens, per Ib., 42a43: hens.|| per 1b. 35a36; roosters, per b, turkeys, per 1b., 60a5s Pork—Dressed. small, per Ib. 1 medium, 13al4; heavy, 10a13. $.00; per basket, 3 24.50. box. 350a4.50. crat 0. Florida orange per do: maine lettuce a2.00. Cymbling: per crate, Florida, 4.0026.00. per bbl, 2.00a3.00. Peppers, ket. 6.00a6.50. Tomatoes, 4.00a; Onion; Brussels sprouts, Cranberries, 20.00a2; cabbage, 1 bage, per crate, per qt 5.00 per bbl. DAIRY MARKET. oEA MORE, March 21 *oultry. ickens, young, live, Ib. 30210; dressed,’ 40: old, " $6an dressed, 3%: winter chickens, 45. roosters, 20. Ducks, 32a40: 8. Pigeons, 5 ¥s, per 1 Capons, per 1 Eggs—Strictly fresh; loss off, per doz., 29; duck eggs, 60. Butter—Creame; a49: prints, : ladles, 28a30; rolls . 19; dairy prints, cess butter, 30a3l. CHICAGO. March Higher; creamery standards, 42 ceipis, 28.626 cases; firsts dinary firsts, 19a20: at mark. included, 21a21%; Higher; fowis, 3. 19a2 extras, Poultry, NO ship owner would send his vesmel out to sea unprotected by marioe insurance. Ships at sea face many _disesters—collision, fire, mutiny. sccidents to machin: ery. ete. If a man tbus guarde Bgninst less at sea, will he not be Justified la investing in securities Well protected by land? In oor -two years of busi- nees not a single Hvester in our 727 Fifteenth Street N.W. ‘Washington, D. C. THE NATION’S HOME TOWN. Gireen fruits — Apples. per bbl, 2.00a 75a2.00: western, per California lemons, per California oranges, per . 1.002 Spinach, | | per bas- per box. per sack, 1.40a1.50. 25230, oldf' 'Wt.; new cab- (Special) — dressed, Guinea nearby firsts, 29a30; southern, 28a fancy. per 1b., 4§ nearby creamery, 20a26; pro- 21.—Butter — 45% Eggs—lLower: re- or- at mark, cases alive— experience in satisfyi people of Washington. € Whatever your own FINENCIXL. Service of Full Efficiency Washington's Oldest National Bank offers you service forged from oneshundred and seven years' vou'll find us equipped tosmeet them. Our officers will appreciate an opportunity to acquaint you with “Metropolitan” facilities. s, 3% Paid-on-Savings National Metropolitan Bank Capital, Surplus & Undivided Profits Over $1,500,000 15th St., Opposite U. S. Treasury—107 years Old i | ENTS We specialize in property manage- ment. Real Se-r.v‘-ct Pays and Costs No More. B. F. Saul Co. 934 New York Ave. N.W. Surplus . 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