Evening Star Newspaper, April 7, 1921, Page 24

- ALAS 1000 MILES of WONDER THIS year combine pleasure and relaxa- “end pound and weer away fears ’ ;and bearings when that friotion- 3'And whea Friction goes Noise goes too. Gears shift quietly and easily, summer and winter. The . .ear picks up quickly and rolls along with much less effort. Start right with Dixon' JoserH DIXON CRUCIBLE Co. 1827 N.J tion with education. Take the thousand mile trip from Vancouver, B.C., through the Inland Channel of island bordered bays, winding straits and precipitous gorges. Ice-capped mountains rising out of the sea, glaciers miles wide flanked by flowers. Every hour a new scenic rapture. steamers insure your comfort,—splendid cabins, wonderful cuisine, and unsurpassed service. Five days of relaxation and then Alaska, the tand of Mystery and Romance. At Skag- way the White Pass and Yukon Route takes you, if you wish, still nearer the Midnight Sun. Listen to the Call of the North, and come back rejuvenated. Make ressrvations now for Summer sailings CANADIAN. PACIFIC RAILWAY ¥y or write for Tours No. A-144 GUGGENHEIMS VICTORS. Vote Gives 682,233 Shares for (Re- Election of Directory Slate. JERSEY CITY, N. J, April 7.—The organization slate of directors rep- resenting the Guggenheim interests was elected at the annual meeting of the American Smelting and Refining Company here. The stock vote was 682,233 shares for the directors. No votes were cast against them, al- though 202,479 shares, representing interests controlled by Karl Eilers, “present, but not were recorded as voting.” The twenty-eight directors will meet in New York next Tuesday to elect officers. New names on the directorate in- clude Frederick T. Walker, repre- senting Canadian Interests; Wilfred Shore, representing Dutch banks, and Merrell P. Callaway, F. J. Leary, Ben- jamin Joy, Lyman Candee and E. C. Jameson, bankers and financiers of New York. TOURIST RATES CUT. NEW YORK, April 7.—Members of the passenger traffic department of the eastern roads, after sessions last- ing ten days, announce that fares for tourist _traffic, effective May 15, will be on the basis of 90 per cent of dou- ble the one-way fare. Fares for the eastern territory will be practically what they were last summer, with the increase in fares granted by the In- terptate Commerce Commission last summer. Dept. New York City CHEVROLET “For Economical Transportation™ January 3, 1921, and August 1, 1921. CHEVROLET. MOTOR CO. 1218 Connecticut Ave. price CAUTION iz oz st mo s ot shes srone : 905 Pennsylvania A N.W. [ womews srors } 1327 F St., N. W. M OPEN SATURDAY EVENINGS® N.wW. Fredues” 28.00 SHOES Tevasnes #10.00 | STAMPED FOR MEN AND WOMEN THE EVENING STAR, WASHINGTON, D. TODAY’S BOND PRICES. FIGHT WARMING UP ON GRAIN POOLING Chicago Convention Battling Over Optional and Com- pulsory Action. By the Associated Press. CHICAGO, April 7.—The fight over compulsory pooling of farmers” grain, which began yesterday on presenta- tion of the committee of seventeen's report on a national oco-operative grain marketing system, broke out immediately today on reconvening of the farmers’ ratification confer- ence. While the committee which drew up the proposed system and called the conference continued to Support its proposal for pooling at option of the iarmer, opposing delegates told the convention that _compuisory pooling was the only arrangement that would make the system a success. Delegates supporting the committee’s plan in- sisted compulsion would lead to cer- tain failure. Claims Pool Necessary. The attack on optional pooling was opened by L. P. Bailey, chairman of H’:! Kansas organization committee of the America, which stands for 100 per cent pooling, but announced its will- ingness to compromise on 33 1-3 per cent. Mr. Bailey declared that effective regulation of wheat supplies could not be accomplished without a pool, nd characterized pooling as the c ing link” in farmers’ keting. R. C. Obrecht, another Kansan, at once took issue with M Bailey. He said he was convinced the Kansas Farmers’ Union, of which he is a county president, would not sign a contract containing a compulsory clause. “1 belleye the consuming pubHc will not stand for throwing the wheat into a pool to boost the mar- keitd beyond what it will stand,” he said. Support was given the compulsory sentiment, which centers in the southwest, the northwest and in the activities of the National Wheat Growers' Association, by Howard Lponard, president of the Illinois Agricultural Association. Mr. Leonard said he was con- vinced that unless pooling was re- quired of each farmer, it would not be possible to carry out the pooling principle. o * The committee of seventeen made its first answer through William Hirth, member from Columbia, Mo. Against Compulsory Pool. “Compulsory pooling would mean absolute defeat of this proposition before it got started.” he said. “Ad- vocates of compulsory pooling urge it to get a better price for théir grain. “But lately we have had the great- est pool in the history of the United States. Expecting higher prices, the farmer has so thoroughly withheld his wheat that it only trickled into market. It was shut off as never be- fore, and yet he has not been able to get a decent price for his wheat. “Mere pooling doesn't necessarily control price when other factors are more powerful. “Any group of men can throw $50.- 000,000 or $100,000,000 on the ex- changes and without a counter bal- ance can drive the market where they want it “We haven't any right to say that thousands of farmers shall blindfold themselves to sign up for so much of their crop before this marketing ma- chine has had & chance to prove it- self. In my judgment, if you adopt compulsory popling, you are about to hazard the sucdess of the whole plan.”” RAILROAD MAN DEAD. . 8. Throne General Freight Agent of Canadian Pacific. NEW YORK, April 7.—M. S. Throne, eneral freight agent of the Canadian cific railway, died yesterday at his home here. Death was due to an in- fected carbuncle. The body will be taken to Milwaukee for burial. He was born in Watertown, Wis., August 12, 1881, Mr. Throne had been actively en- gaged in the railroad business since 1904, when he entered the service of the Wisconsin Central railway at Mil- waukee as a clerk. In 1913 he was appointed district freight the Canadian Pacific and * at Cleveland, and In 1919 assumed the office he held at his death. QUIGLEY NAMED ATTORNEY. CINCINNATI, Ohio, April 7.—An- nouncement was made today of the appointment of Harry N. Quigley as general attorney for the Cleveland, Cincinnati, Chicago and St. Louis Raflway Company and the Cincinnati Northern railroad, with headquarters at Cincinnail. Mr. Quigley succeeds the late Stanley W. Merrell, whose death occurred a few weeks ago. LOWEST SINCE 1914. SANTIAGO, Chile, April 7. — Ex- change on London closed at pence yesterday, this being the lowest quo- tation since 1914. The dollar was uoted at 7 pesos 90 centavos. The all In exchange was said to be due to the general commercial crisi the lack of demand for nitrates. Syt » Maintained Sgecial Shoss 16.00 W. L. THE PRICE IS DOUGLAS PERSONAL GUARANTEE THA' HOES ARE ALWAYS makers, directiol that money can buy. that it has = 3" 1 ast for sale is your vickalty, erder direct from factery. Catalogus fres. 2108park 3¢, of experienced all to make the best shoes for the Prasident or mutilated . 7. Dougias Shoe Co., azs, W. L. DOUGLAS STORES IN WASHINGTON: Wheat Growers' Assoclation of |Ses Noon prices reported to The Star over direet New York-Washington wite by Redmond & Co. City of Parls 6s 1921. French Government 8s. Government of Swit: 3 Kingdom of Helghm Tin - U. K. of G. rel . K. of G. B. American Tel. ang Toi : Armour & Co. 4 : Atchison, Topeka and Santa e gen. 4s. Atlantic” Coast Line 7s . ic ‘entral blgs. Mercantile ‘Al Rapid Transit Int and Louisville and Nashvilie 7s 1830, Mo., Kans. and Tex. 1t 4 Missouri Pacific_general 45 New York Central Ta 1930 St. Louix and San F St. Louls and San Francisco inc. 6s.. board Alr Line refdg. 4: Grain, Produce GRAIN AND PROVISIONS. BALTIMORE, April 7 (Special) Potatoes—White, No. 1, per cwt. 90 al.10; cobblers, 90a1.10; McCormicks, 80a90; No. 2, 40a50. Sweets, per bbl., 4.00a6.00.. Yams, 3.50a4.50; No. 2 and _culls, 2.50a3.00, Beans, green, pearl and wax, per hamper, 2.5023.50. Beets, per bunch, 4a5.. ASparagus, per doa., 3.00a5.50. Cabbage, per hamper, 1.00a1.25. Cucumbers, per box, 3.50a5.00. Cel- ery, per crate, 2.75a3.00. per_crate, 4.00a5.00. Kale, 15a20. Lettuce, per basket, 2.50a3.75. Onions, per cwt., 75a1.00. Peas, per basket, 3.00a3.50. Peppers, per crate, 3.50a5.00. Radishes, per basket, 1.50 al.75. Tomatoes, per 1.50a6.50. Spinach, per-bu., 50a60. Rhubarb, per bunch, 3a4. Apples, per bbl, 3.0026.00; per box, 1.50a3.50; loose, per cwt., 1.00a1.5 2.50a4.50. Straw- crate, Grapefruit, per box, Oranges, per box, 3.00a4. berries, per at., 3026 Selling Prices at Noon. Wheat—! 2 red winter, 159%; No. 2 red winter.~ garll spot, 1.39%; April, 1.39%; May, 1.42. Sales— Bag lots of nearby, by sam- ple at 1.10 per bushel: bag lot of No. 2 red winter garlicky, at 1.39 per bushel; 1,202 bushels of No. 4, red winter garlicky at 1.22 per bushel; 927 bushels of sample grade winter garlicky at 1.10 per bushel. Corp—Cobb, new yellow, barrel, in cargoes; contract corn, 8pot, 70%; April, 50%: track corn, yellow, No. 3 or betfer, 72. Corn sales—955 bushels tof No. 2 yellow, at 72% per bushel; 1,150 Bush- els No. 4, mixed at 66% per bushel. Oats—No. 2 white, 49 per bushel; No. 8, 47 per bushel. Rye—Bag Jots of nearby rye, quality, 1.40a1.50 per bushel; western export, spot, 1.58 per bush Hay—No. 1 timothy, nominal ard timothy, 23.00a23.50: No. 22.00222.50; No. 3 timothy, ‘z%i?;‘ A 8 to 2 No. No. 2 clover, 12.00a13.00; No. 3, 10.00a 11.50; sample hay, 10.00a14.00. Straw—No. 1. nominal; No. 2 straight rye, nominal; No. No. 2 tangled rye, 16.00; No. 1 wheat, 13.00a13.50; No. 2 wheat, 12.00a12.50; No..1 oat, nominal, 18.00a18.50; No. 2 oat, 16.00a17.00. CHICAGO, April 7.—Scattered buy- ing to prepare for the government crop report today tended to strength- en wheat somewhat. Low tempera- tures west counted also: in favor of the bull side of the market. On the other hand, renewed misgivings over the labor deadlock in Great Britain prevented any decided advance in prices. Opening quotations, which varied from unchanged figures to % lower, with May 1.36 to 1.36% and July 1.11% to 1.12. were followed by a slight generai sag and then by moderate gains all round, which, how- .ever, were mostly transient. In the corn market, export sales had a sustaining influence. After opening a shade to % higher, May, 60 to 601, prices receded a little, and then rose higher than before. Oats were firm, with corn starting at % decline to a like advance; July, 38%, and then hardening still more. ‘Weakness in hog values had a de- pressing effect on provisions. WHEAT— Open. Hizh. Low. & 1343 135 1.38% 111% 113% 11y Close. 138 o LIV B% 6 'la 37 3% 3T 38% 39% 38y ALL AMERICANS IN CREW. BALTIMORE, April 7.—The first American steamer to pass through the immigration inspection at this port with a full crew of American citizens was the Coelleda, Capt. Nick erson. which arrived mouth by way forty-four men were spoken highly of by the master. EXPORTS SHOW INCREASE. | BALTIMORE, April 7.—Port busi- {ness for the 'week ended April 2 i places the value of e‘ports at $3,- {590,243, an increase of £1.083,648 over {the” previous weeks Imports were | ! valued at $467,656, which included $357.799 free of duty and $109.857 dutiable, a decre2ss of $127,667 from the week preceding. IDEMONT Pits like a starched collar Feels like a soft collar an Zephyr-weight YOUNG MENS STYLE That its u\‘ “‘35 is ssur assurance tha u C., THURSDAY, Seaboard Air Line adj. Ss. 80 84 20 96 SHORT-TERM SECURITIES. . (Beported by Redmond & Co.) American Tel. & Tel. y American Tel, & Tel. American Thread Co. American eco Co. American Tobacco Co. American Tobacco Armour Bethlehem Bteel 7 1 Bethlehem Steel 7s 1923, Canadian Pacific 6s 192i. Central Argentine 6s 1927, Chicago, R. 1. & Pacific C..C., C. & g% 2 bie 7s 1923. Procter & Gambie 75 1953, R. J. Reynolds Tob. 6s Roebuck & Co. spot. | BbL tim- { ,I NEW ORLEANS, April ‘estern Electric 7 Westinghouse E. and Live Stock LOCAL WHOLESALE MARKET. soutEeStrictly fresh, per dox. : IAve Dnlll‘lry—!!au(ar;‘ per 1b.. 31 poultry — Fresh killed ens, per Ib., 90a1.00; hens, : roosters, per Ib., 25; turkeys, Tor sespso0858; chickens,” winter, per rk—Dressed, small, per Ib., 15a16; 13a14; heavy, 10a13; live bogs, Live stock—cals chols . 11; Tt Ck=Calves, cholce, per Ib., Groen ity v, Do 1o a2 .50, crate, ‘.o'“.”.&llhmh oranges, per crate, 4.005. Yexetables—Potatoes, neardy, No. 1. DSeantly, 160a2.00; northern, per sack. 'Weet potatoes, per bbl., No. 1, 5.0026.00; No. 3, 2.0023.00; yams, per 3.5024.50. Lettuce, North Carolina, 1.00a2.00; South Carolina let- Celery, per 3.00a3.50. Florida oranges. per 4.50a5.50." Grapefruit, per crate, Tomatoes, per bo: per sack, LISIL’IE." 325, ‘Texas onions, 3.00a 3.50 per | Crani - DAIRY MARKET. TIMORE, April 7 (Special).— Young chickens alive, per Dgund. )IOt. 45; old, 33a35. Old roosters, 20, Springers one and one-half pounds and under, 70a75. Winter two and one-half pounds and under, 50a55. Ducks, per pound, 30a3s. Turkey: per pound, 45a50. Pigeons, per pair, 50a55. Guinea fowls, each, 50a55. Eggs (loss off), ctly fresh near- by, per dozen, 25; southern, 24. Duck €gEs, 30. Butter, creamery, fancy, per pound, 0a51; prints, 51a53; nearby mm ery, 4 nds; clis-al;zy mnu, 20a25; rolls per pound, 3 les, 26a2: - ess butter, 28a29; store packed, lgm NEW YORK, April 7.—Butter—Un- settled, receipts, 6,704 tubs; cream ery, higher than extras, 49%a50 creamery, _extras (92-score), 49 creamery, firsts (88 to 91 score), 45a 4812 packing stock, current make, No. 2, 21. Eggs—Weak, receipts, 47,224 cases; fresh gathered, extra firsts. 29%a 30%; firats, 26%4a29; state, Pennayl- vania and nearby western hennery Whites, firsts to extras, 30a37; state, Pennsylvania and nearby western extras, 34; do., gath- ered browns and mixed colors, firsts to extras, 28a32%; storage packed, 31a31%; do., firsts, 29% Cheese—Easy; receipts, 1,316 boxes; state, whole milk, flats, held, specials, 27%a29; do., average run, 25a26 tate, whole milk, flats, fresh, specials, 24 a24%%; do., average run, 23a23%. COTTON MARKETS. NEW YORK, April 7.—The cotton market opened barely steady at a de- cline of 11 to 14 points owing to less favorable British labor news and d appointing late cables from Liverpool, Which reacted sharply after an early mission house and local demand, which caused rallies of several points! during the early trading. Futures opened barely 11.75; July, 12.25; October, cember, 13.10; January, LIVERPOOL, April 7.—Cotton—Spot quiet, prices higher. Good middling; 8.4 fully middling, 7.78; middling, low middling, 6. nary, 4.88; ordinary, 4.13. Sales, 3,- |0W bales, including 2,400 American. eady; May, good ordi- Receipts, 4,000 bales, no American. Futures closed steady; April, 7.51 May, 7.67; July, 7.87; October, 8.09 |D;cember, 8.19; January, §.21; March, .—Private jreports from England to the effect that the conference to end the coal strike had broken up without re. ults caused enough selling to put the price of cotton 15 to 17 points down around the opening of the market today, May dropping to 11.35. Later the declines were recovered and the strongest months were a point higher than yesterday’s close, with May up to 1151 Futures opened steddy. May, 11.40; July, 11.81; October, 12.30; December, 12.48; January, 12.63. LONDON BANK CHANGES. LONDON, *April 7—The weekly statement of the Bank of England shows the following changes: ‘Total reserve Increased £689,000. LIBERTY BOND NOON PRICES. NEW YORK, April 7.—Liberty bond prices at noon today were: 3%s, 90.30 first 4s. 87.70 bld; second 4w, 87.52 first 4is, 87.94; second 4%s, 87.72 third 4%se, 90.88; fourth 4is, 87.80 victory 3%s, 97.58; victory 4%s, 97.58, materials, workmlnlhl? covering all work leavin It has never been our policy to will give our patients. the Past 28 Years. Cleanliness Until 8 5 S R 3 L OGAL SECURITIES 2 SHOW GOOD TONE per bbl., uo:; t, 76a2.00; western, pes California lemons, P"l 12.85; De-|107. 8. advance, but there was a good com- | ' Fifth race, the Benning purse; for|N X Alr Regarding Prices Our prices are the lowest, considering the and liberal guarantee g our office. pensively we can construct our work, but how good we can make it; and what satisfaction it By Dr. Wyeth and Staft of Experts, Careful Dentists, That Has Been Our Record for Terms of Payment to Suit, Examination Free. is _one of our many _strikini features. All work deme without the slightest resemblance of patn. My Perfeet Fillings, 50c | Gold Crowns ';.’.'.":.T’.‘.:} to $1 up “%Bfl:“’ or Drov— | . 1. goia, o . $5.00 siiver, amal- | $3.00-$4.00 m or Tocth: 8500 ap.| _wereriatn. /| $5.00 T2, 4 P.M. Lady and maids In attendance. All Work Fully Guaraateed Years. Kindly keep name and location of my effice in your mind. WYETH, & Bre. and over Grand Union Tea Co. Largest and Pariers in Washington. Four entire Soers mechanical deatistry. Phome Maim 9133. APRIL . 7, 1921 vail—Merger Pros- pects. BY L A. FLEMING. Trading in local securities was more or less restricted, but so far as val- ues were concerned they showed good strength, with no disposition on the part of holders of stocks or bonds to dispose of them through price con- cessions. The only actual change in the list was the recovery by Mergenthaler of the half-point 1oss which it sustained yesterday, when it broke to 1193, to- day's sales being at 120. Rallway preferred sold at 59% to 60, holding the high level of the year and the recovery period. Bids of 23 were made for the common stock. Capital Traction was firm at 87 Financial interests are not very hopeful of a successful issue to the merger negotiations which have been initiated. The fundamental basis of the Capital Traction _propositon (earnings) and of the Washington Railway ‘(values) will be hard to reconcile. ~Each proposition has its merits and its talking points, 437ashington Gas stock was steady at Washington Gas 7% per cent notes again sold at the usual 100%, and the Potomac General 6s brought 94. During the last three months the redemption of war savings securities have exceeded the new sales at the rate of about $12,000,000 a month. There are now $104,000.000 less out- standing than June 30, 1920, and $230,- 000,000 less than on’the same date War bonds are.$2,050,000,000 under the peak of 1919, sinking fund pur- chases and government buying hav- ing accomplished this reduction. Recognise Justice of Ruling. Bills have been introduced in Al- bany whereby the value of property at the time of purchase, rather than January 1, 1919, shall indicate the profit in a transaction. This Is in line with the ruling of the highest court in the matter of the ; oodrich and Brewster cases. A report of conditions in the fifth {regional district has just reached lo- cal bankers, although the matter therein was compiled as of March 15. It is encouraging in that the open- ing sentence say: S the year 1921 moves along, signs that the fifth dis- trict, generally, is slowly but surely working back to normal are accumu- ilating. The spirit of optimism con- tinues in all industrial and business activities with the possible exception of ;hofl:fixl"a field. “Building operations in February in- creased 78.5 per cent over the Janu- ary record and only 19.09 per cent under that of January, 1920. Month- ly clearings for February in sixteen ) leading cities in the district decreased $148,354,176, Richmond showing a 108s of $69,875,555 and Baltimore $33,- 822,048, while Washington, the third city, lost but $1,168,037. “Unemployment has not In;l".elud d;lrmt‘ :‘);e month.’ e council of administration of the District Bankers' Association will meet on Friday to consider certain matters that will be brought up at the regular meeting of the association next week. The “get together” dinner of the as- sociation at the New Willard on the 26th instant, the “blue sky” bill spon- sored by the District Com ioners and ready to be presented to Con- gTess, and the annual convention for 1921 are among the most important toplcs for discussion at the meeting. The bankers will support the pro- posed “blue sky” law. Various committees wiil also be ap- pointed. Bowie Entries for Friday. First race, claiming: for maiden two-year-olds; four furlongs—Mabel A. 112; Muzzey, 112; Misdeal, 112; Kittie Warmer, 112; The Cigaret, 112; Fictile, 115; B. F. Ballot, Sadie S. (C. Applegate); Little Aimee, 2 *Liveliest, 101 Black Track, Mary D., 112; Baby Vamp, 112. Second race, claiming; for maiden three-year-olds and up; six furlongs ~—Mandalay, 11 *Steamer, 101; P Iygamist, 111; Gold Foyle, 106; Torea- dor, 10! General Cadona, 116; *No- hant, 101; *Little Nisco, 106; tNavajoe, | 106: “Oddity, 106; Dr. Stevenson, 106 *Eastward Princess, 96. Also eligible: Mountain Dew, 111; *Lusmore, 101: tPunchinello, 116; Heliocross, 116. tMarshall entry. Third race, year-olds; 112; Mr. X, 102; Face, 102; aterially for three- furlongs—Rustler, ; General Agramont, Peppery Polly, 103 orning 102; Mary Head, 100: *Galiot, *Chevaller, 102; *Lady Stella, Fourth race, claiming; for four- year-olds and ‘up; six and one-hall i turlongs—King John, 121; Panaman, 115; Arah Go On, 115; Propaganda. ]113; Brisk, 112; Anticipate, 110; Saga- jmore, 110; Equator, 109; *Manoevre, four-year-olds and up; one mile Fizer, 115; Tantalus, 115; Smart Guy, ]105; Lad's' Love, 110; Frogtown, 105 Napthalius, 105; Drummond, 110, Sixth race, 'claiming; for three- year-olds and up; mile and sixteenth Arbitrator, Kilkenny. 5: Harwood, Mary Erb, Seventh race, claiming; for three- year-olds and up; mile and sixteenth Hampson,’ 115; Tom Brooks, 115; *Kebo. 107; Oaklawn Belle, 102; | Toss Up, 98; *Betsy, 102; Swirl, 110. | Weather cloudy, track’ fast. _— ! CHICAGO LIVE STOCK MARKET. | . CHICAGO, April 7 (United States Bu- |Teau of ~Markets).—Cattlo—Recelpts, 11,000 head; heef steers, slow, fully lower than general trade vesterday prime yearling heifers and steers, 9. top heavy steers, 9.25; bulk beef steers, 18.00a8.75; butcher she stock, slo weak ; bulk fat cows and heifers, 5. 7.25; bulls, slow; bolognas, largely 4.25a4.50; beef grades, - mostly 2 6.00; calyes, steady ; bulk, vealers, 7.00a 8.00; stodkers, and_feeders, slow, weak. Hogs—Receipts, 30,000 head 15 to 25 lowes i 25 to 40 lower; others, 15 to 25 lower than yesterday's average top earl, 9.90; bulk, 200 1bs: dow: bulk, 220 lbs. up, 8.65a9.25; pigs, 35 _lower; bulk, desirable, 9.75a! Sheep—Receipts, 16,000 head; mostly steady; wooled lambs, top, 9.90 to ship- pers; bulk, 8.7529.50; shorn, top to city bulk, 8,00a8.75; choice, butchers, 9.00; 3 wooled wethers, 6. 176-1b. see how ex- and on Sundays 10 A.M. to 427-29 7th St. N.W. Adv Rumley. Adv Rumley pf. Received by Private Wire Ajax Rubber. Alaska Gold. Alaska Juno Allied Chemical Allls Chalmers. Am Hide & Lea pf. Am Ice.. . Am International. Am Safety Rasor. Am Ship & Com Am Smelting. Am Sugar. Am Sumatra. Atchison pf. Atlantic Fruit Co. Atlantic Gulf. Balto & Ohlo. Balto & Ohio pf. Beth Steel (B). Burns Broi Butte Copper. Butte & Superior, Caddo Oll. California Pckg. California Petrol. Calumet & Ariz Canadian Pacific. Case (JI) pf. Central Leather. Central Leath pf. Cerro de Pasco. Chandler Motor. Ches & Ohlo.. Chi & Eastern Il Chi Great Westn. Pl Col Graph pf. Cons Distirbutors.. 7% Cons Gasof NY. Cons Intl Cal Mia. Cont Candy.... Corn Products. Cosden & Co. Crucible Steel... Cuba Cane Sugar.. 21 Del & Hudson. 100% Denv & Rio Gr. Denv & Rio G pf. Dome Mines. . Endicott-Johnso! Famous players pf 86% Fisk Rubber. 1% 60% 59% Gen Electric. Gen Motors. Gen Mot 7% deb. ch. Great Northern pf. 71 Great Nor Ore. » Greene-Cananes Haskell & Barker. :‘fi Inspiration.... Interboro Metro. Interboro Met pf. %% 8% “y &% 1% 4% 56% 0% 4% 4% 9% ©0% 3 8% 14% us Island Ofl...-... Kansas City Seu.. Kansas C Sou pf... Kelly-Spring Tire. &1 Kelly-Spring 6% pf 76 Kennecott. 8% Keystone Tire. Kresge (S8)....-. Lackawanna Steel. 53 Lee Tire & Rubber _26 Lehigh Valley..... 9% 6 45% 18% Manati Sugar May Dept Stores. Mexican Pete. Atiami Copper. Afiddle States Ol Midvale Steel. Minn & St L (n) Mo Kan & Tex. Ao Pacific. Mo Pacific pf. Aontgomery Wi Mullins Body . Natl Cloak & S ! atl Conduit. evada Copper. New Or Tex & M.. s:n N ¥ Centr: N YChi&StL. Ontario Silver:. Owens Bottle. Pac Development. PacificOll.. Pan-Am Pete. Parish & Bingham Phila Company Piesce-Arrow Pitts & W Va. Pond Creek Coal.. Pullman Co. Punta Aleg pureOll. ... Ray Con Coppe St Louis Southwn. Santa Cecilia Sug. Saxon Motors. Sears Roebuck..:. 72% Seneca Copper.... 15 ’ | Shattuck-Arizona. Sinclair Oil. . Sloss-Sheffleld. ... So Porto Rico Sug. Southern Pacific.. % Southérn Railway. Southern Ry pf. 553 Stand Oll NJ pf... 07% Stewart-Warner.. 8% Stromberg Carb... 87 Studebaker. . Submarine Boat. ke Texas Company... 41% 41% 41% 41 Texas & PC&Oll. 28% 8% =% 27% FOOT REMEDY Cal-o-cide NEW YORK STOCK EXCHANGE. Direct to The Star Ofice. High. Low. Clows. Tobacco Prod. LI 49% | TransCont1 Ofl.... 10% 0% 0'4_!‘: TwinCity RTran. §5% 65% 45 & Union Pacific. 6K 6% L6k I6% United Alioy Stoel. 30% 0% 0% 3% United Drug. e I ) United Fruit. 004 1006 102 100% United Retall Stre. 6% &% &% o% U SCast Ir Pipe. R US Food Prod..... 21% 2% 21% 21% USIndus Alcohol. 67% 67% 6% 5% “ 6 ] we W% T WY W 2 &% 31 W™ 0% 109% 19 ok o o 10% 10% 0% Vanadium Corp... 0% 0% 29 9% Wabash. ™ TR M » ®» » bte D T, ) % 3 WK L% 91 %0 04 Westhouse E& M. 48% 3% 8% &% 8% 8% S _ W 6% 15% T 15% LY % High. Low. Last. Call Money..... L] % 5% HOURLY SALES OF STOCKS. E 1 s rolina Power & L., 4, 50c..Apr. 15 May Exchange Buffet, q. §2 Apr. 9 Apr.30 Middlewest Util. pf, $1.50...Apr.30 May 1 2 STOCKS AR QUIET, WITH EASIER TONE BY 8. P. WEST. NEW YORK, April 7.>-Announce- ment soon after the opening of busi- ness this morning that all negotia- tions for a settlement of the English coal strike had been broken off, leav- ing the situation more critical than ever, afforded a good deal of a test for the financial markets. Abroad the security list was more unsettled than it had been yesterday, and there was a renewal of selling in the petroleum stocks dealt in here, which reflect London speculative conditions. But the foreign stock markets were less important as a guide to sound opinion than the exchange market, and here the steadiness of sterling was very impressive. Rates were down, but only slightly. They were still well above the low point of the reaction early in the week, when the labor crisis first be- came acute. If the business community abroad foresaw, as a result of the coal strike and the possible sympathetic tie-up of the transportation industry, a pro- longed suspension of trade activity involving a severe slump in British exports, it would be bound to show in_the course of the sterling market. Perhaps today’s movement of the exchanges could not be regarded as conclusive. There may be develop- ments later on to give the situation a different aspect. But the plain reading of the exchanges today was | that London’t immediate judgment was not apprehensive as to protracted and desperate labor trouble, that it felt that public opinion woull be overwhelmingly against the strikers and that this would bring them soon to terms. Slow—the Weak Spots. The stock market was again a good deal affected by the now familiar weakness in special issues. Another violent break in the Central Leather stocks followed directly upon the in- formation that the dividend on the Iprelerred would be passed. Two other companies announced the suspension of their dividends, one the I'Cluett-Peabody, the other the Mullin: Body. This, on top of Midvale Steel's action, which was reflected in further weakness in “that stock today, en- couraged professional traders to offer stocks down in cases where there was any question as to the maintenance of their present distribution to share- holders. The sugars were among those singled out for attack, although in their case a few weeks might make a very great change in the trade position and render vidends safe which are now regarded as shaky. Independent steel shares were under pressure. Copper shares continued their im- provement and most of the oils held up well. Railway stqcks did very little. The action of the labor board in forbid- ding any immediate wage cutting un- til the matters of dispute had been brought before it for review was very generally anticipated. It was a mat- ter of satisfaction that so early a date as April 18 should have been set for the first hearing. This means that the railroads, and the railway invest- ment market, likewise, will probably be relieved of their uncertainty be- fore the end of another forsnight. Industrial Alcohol. Industrial Alcohol's 1920 report shows that the dividend was earned by a comfortable margin and there was a surplus of $871,000, against $495,000 in 1919. Moreover, the com- pany’s position was substantially im- proved by the paying off of $700,000 Republic Distilling Company 7 per cent bonds. This left a remaining bonded indebtednes of only $95.000. At the same time current liabilities were reduced $2.469.000, and the re- maining total of $2,884,000 was cov- ered with a handsome margin be- sides by the cash and liberty bonds in the treasury, amounting to $4.- 700,000. Industrial Alcohol at the close of the year could have paid off every cent of current indebtedness, have redeemed the rest of its outstanding bonds and still would have had left some $10,000,000 in live current as- sets to sct against the $6.000,000 pre- * ferred stock of its own and the $1.- £36.000 preferred issue of the Cuba Distilling Company. : INDUSTRIAL BONDS . MAKE GOOD GAINS NEW YORK, April 7.—More today even than yesterday did the bond market show its appreciation of the importance of the drop in money rates, and especially the loosening up in the supply of time funds. With time money down to 6% per cent, where a month ago it was hard to obtain at 7% and 7%, all sound se- curities, the yield of which is fixed are made to appear more nlru:!(v:_ c: the bond list e deral, Althouth sailway bonds were still held back by the un- certainty of what the outcome is to be of the proceedings before the board. Industrials, upon which there was . no ruch restraint, were the ones tha were favored in the b\ldyl:t‘ L\!A re: kable jump occurred in the re. et lilid Norlhwulerlplo‘Bell '!‘:l hone 7s. They got up a point and a gflllf to par, the highest yet reached. Cerro de Pasco 8s, helped by the ex- pectation of an early turn for the better in the copper trade, rose a half point to Y06. Cuban-American Sugar 8s made a new high of 102, despite ivings felt over the sugar It was realized. of course, that thero was in abundant margin of safety behind these bonds. even should sugar prices fall beneath thelr present level. v . t A [ ’ t ' ) b ‘