Evening Star Newspaper, April 14, 1921, Page 28

CTATTLE FOR GERMANY. p Sails From Baltimore With Dairymen’s Gift. BALTIMORE, April 14—With 744 ilch cows and three pedigreed bulls 6 American steamship West Arrow the Bull steamship lines sailed pler 3, Locust Point, yesterday oon for Hamburg, Germany, all | ?flflmed to the German government | 3 distribution among the dairymen | f Germany and were the gift of the American Dairy Company of Chicago. | They were supplied from the ranches of South Dakota. During the voyage the cattle will be looked after by cow- | boys. ‘It was this shipment that called Over the Hour—Day booklet. A Long-Wanted Comfort for Your Home An Unlimited Supply of Piping Hot Water Automatic Lights Itself Economical Buy it through your plumber or the Gas Company. Send for Distributors. 419 Tenth St. $3 a Week Pays For This Beautiful 10-Piece Qucen Anne Dining Room Suite Made of beautifully figured Americin walnut—buffet either 54 or 60 inches long, with or without mirror; good sized china closet, enclosed serving table, round extension table, 48 or 54 inches wide; 5 side chairs, 1'armchair, seats upholstered in genuine blue Spanish leather. forth a protest from the American Legion. The membership of this or- ganization maintained that the United States was still in a state of war with Germany and that such a gift was improper. . e The remarks of President Dodge of the International Paper Company relative to the negotiations with the mill workers over the new wage agreement attract much attention in view of the fact that the paper mill interests as a whole are seeking to make a new agreement that will in- volve a reduction of approximately 30 per cent from the present sched- ule. The new agreement becomes ef- fective May 1. All House — Any or Night. iper bbl. THE EVENING STAR, WASHINGTON, D. C., THURSDAY, APRIL 14, 1921 Grain, Produce and Live Stoc GRAIN AND PROVISIONS. BALTIMORE, April 14 (Special). Potatoes, white, per cwt. 1.00al.25; McCormicks, 75a1.10: cobblers, 1.00a 1 0. 2, 40a50; Florida, new, per 0026.00; sweets. per bbl. 3.00a yams, 3.00a4.50; No. 2, and culls, 2.50a3.00; beans, green, pearl and wax. per crate, 2.50a4.00: beets, per bunch. 5a7; asparagus, per doz. 2.50a4.50: shubarb, per bunch. 4as. 26.00; per box, loose, per cwt.. 1.00a1.50 NEes. per box, 3.00a4.75; grape- fruit, per box. 2.50a4.00. Strawberrics, per quart, 25a50. Selling Prices at Noon. No. 2 red winter, 2 red winter, ot, 1.29%2; April, 1.2 0 sales. Corn—Cob, spot, garlicky. '2: May, 1.30%. 0 vellow, 3.60a3 in cargoes; contract corn. pot. 6512 ; April, 6512 ; track corn, yel- *, No. 3 or_better, 69; no sales. Outs—No. 2 white, 48; No. 3 white, new, Rye—Bag Iots of nearby rye, as to auality, 1.30a1.40 per bu.. No. 2 | | | western export, spot, 1.42 per bu. Ha No. 1 'timothy, nominal; standard timothy, 23.00a23.50; No. 2 timothy, 22.00a2 No. 3 timothy., 14.50219.01 0. 1 light clover, mixed. 20.00a20. 0. 2 light clover, mived, 16.00219.00; No. 1 clover. mixed. 18.00 a19.01 2 clover, mixed, 14.00a 11.00a13.00; No. 1 clover, 4 : No._2 clover. 12.00a13.00: No. 3. 10.00a11.50; sample hay, 10.00 al4.00. Straw-—No. 2 1. nominal; No. 2 straight rye, nominal; No. 1 tangled ve, 17.00; No. 2 tangled rye, 16.00; No. 1 wheat, 13.00a13. No. 2’ wheat, 12.00a1 0. 1 oat, nominal, 18.00 al8.50; - 2 oat, 16.00a 0. CHICAGO, April 14—Fresh low record prices for the season were reached in the wheat market today Bearish reports regarding industrial and financial conditions were cur- rent, and rallies based on assertions o. discounted were of only temporary | effect. Crop prospects continued to | be against the bulls. Opening prices, | Which varied from unchanged figures | to % lower. with May. 1.23 to 1. and July 1.06% to 1.07%, were fol- lowed by a material setback all round, and then by irregular up- turn: Corn was comparatively firm in the absence of any urgent pressure to sell. After opening % to 1 lower, including July at 58% to 58%, the ket recovered to about yester- s finish. Oats paralleled the action of corn, starting unchanged to % lower. July that such factors had been more than [} 3614a36% to 36, and later hardening all_round. Provisions were dull and easier in line with hogs. WHEAT— ose. 361, DAIRY MARKET. BALTIMORE, April 14 (Special).— Young chickens, alive, per pound, 30a old, 33a45; old roosters, 20; win- 2% pounds and under, per pound, ; springers, 1 to 1% pounds, 65a . Ducks, per pound, 23a35. Pigeons, per_pair, 50a55. Guinea fowls, each, 50a90. Capons, dressed, per pound, 48a55. Eggs (loss off), strictly fresh near- by, per dozen, 25; southern, 24; duck eRgS, 30. N Butter. creamery. fancy, per pound, 50; prints, 50a52; nearby creamery, 47 dairy prints, 20a24; rolls, per poun 18a22; ladles, 26a28; process butter, 28 a29; store packed, 18. P COTTON MARKETS. NEW YORK, April 14.—The cotton market here made a comparatively steady showing during today’'s early trading. The unfavorable British la- bor situation was reflected in weaker Liverpool cables, but the local mar- ket opened at a decline of only 1 to 8 points under southern selling and liquidation. The latter was promoted by weakness in the stock market, and there was some Wall street selling after the call, with May easing off to 11.92, and July to 12.47, or about six- teen points net lower. LIVERPOOL, April 14.—Cotton spot, fair inquiry; prices lower. Good mid- dling, 8.49; fully middling, 7.94; mid- diing, 7.29; low middling, 6.24; good ordinary. 4.99; ordinary, 4.24; sales, 4,000 bales, inciuding 3,500 American. Receipts, 2,200 bales, all American. Futures closed quiet and steady. April, 7.71; May, 7.86; July, 8.08; October, December, 8.42; January, 8.46; This handsome 3-piece. Living Room Suite, consisting of large settee, armchair and rocker, cqgered in a very ~heavy grade of verdure tapestry. bow-end bed. chair, rocker and walnut or mahogany. Phonografih g Plays all makes of records—so much better. 10 Selections Free $2 a Week Pays for Pucue Levys @ S 7th STREET N.W. X povzon 73 - $3.00 a Week Pa}"s-for This 7-Piece Bedroom Suite bench. our choice of Ie March, 8.53. EW ORLEANS, April 14.—The un- favorable tone of British labor news and a lower Liverpool market than due caused a decline in the price of cotton here today, which in the first half hour of the session amounted to 11 to 16 points, May dropping to 11.57. Traders were rather disappointed over the March figuges on American con- sumption from the census bureau of 437,933 bales, which were consider- ably below expectations. Futures opened steady. May, 11.61; July, 12.07; October, 12.56; December, 12.87; January, 13.02. NEW HAVEN EARNINGS UP. NEW YORK. April 14—Total rail- way operating revenues of the New York, New Haven and Hartford Rail- road Company for 1920, as shown by the detailed annual report just is- sued. were $123,512.310, an increase of $16,967,100, or 6.69 per cent over the previous vear. Total railway op- jerating expenses of $126,346,384 in- creased $33,510,682. and net revenue from railway operations left a deficit of $2.834.073. Freight revenues in- creased $7,374,855, or 14.94 per cent, and passenger revenue increased $7, 496,576, or 16.74 per cent. ! Take a quick shower and plunge, then use ALCORUB. For Bathing and Massage You will appreciate its cool, re- freshing sensation. It will keep your skin in the pink of condition, and take the kinks out of your muscles. ALCORUB is pure alcohol com- bined with softening and curative principles that make it most sooth- ing and invigorating. Wonderful after shaving. It is non-poisonous but non-drinkable. Approsed by Phguiciars, Namss, Pharmechin, At all druggists and teilet commters. on talk of the divi k WHOLESALE MARKET. fresh, per doz., 28; LOCAL Eggs—Strictly southern, 27. Live poultry—Roosters, per 1b. 21; turkeys, per 1b. 45a50; chickens, spring, per Ib., 80a30; hens, per Ib., 32; keats, young, each, 60a75; chickens, winter, per b., 50260, Dressed poultry — Fresh killed spring chickens, per Ib.. 90a1.00; hens, per Ib., 34: roosters, per Ib., 25: turkeys, ¥ i r Cablake, " per hampir. A _;r;r sshafisson“' chickens, winter, pe caulifiower, per crate, 3 Pork—Dressed, small, per Ib., 15al cumbers, per box, 3.50a4.50: celery,|med; \14: heavy, 1 ; live hogs! per crate. 2.50a3.25; eggplant, per |lo . o7 13a14: heavy, 1013; live how crate, 3.00a5.00; kale, per bushel, 25a Livestock—Calves, choice, per 1b., 40: lettuce, per 1.50a4.00.| 11; lambs, choice, per Ib., 18a20. onions. per cwt., peppers. | Green fruits — Apples, per bbl. 3.00a per crate. 5. radishes, per|800; per basket, 75a2.00; western, per basket. 50a1.50; spring onions, per|box. 3.50a4.50. California lemons, per 100 bunches, spinach, box, 3.50a4 California oranges, per | bushel, crate, 4.60a5.00. Florida oranges. per 3.50: tomatoe: crate. 4.50a5.50. Grapefruit, per crate, 4.00a5.00. Veretables—Potatoes. nearby. No. 1, bbl., northern, per sack, 225a2.50: new Florida potatoes, per bbl., 7.00a8.00; sweet |otatoes, per bbl., No. 1. 5.00a6.00; No. , 2.0023.00; yams, per hbl., 3.50a4.50. L. tuce, North Carolina, D per crate, 1.00a3.00. Celery, per doz. 1.00a1.50; Florida celery, 3.00a4.70. Ro- maine lettuce, 1 0. " Cymblinzs, per crate, Florid: . Spinach, per bbl., '1.50a2.2: a1.00 per bbl. Peppers, per basket, 5.00u6.00. toes, 4.0 sprouts, per qt., 0025.00 per bbl. New per crate, 2.00a3.00. Eggplant, 3.50a5.00. South Carolina doz., 2.5 nearby, 1guS, per per doz., 1.30a —_——— CHICAG LIVE STOCK MARKET. CHICAGO, April 14.—United States bureau of markets—Cattle—Receipt 9.000 head: beef steers, steady to 15 lower: prime 50-pound steers and heifers, 9.50; top, heavy bullocks, 9.25; bulk beef steers, 8.00a8.75; butcher, she stock, 10 to 15 higher; bulk, fat cows and heifers, 5.50: some ex- port demand for she stock: bulk can- ners and cutters, 2.5024.00; bull steady to 25 higher; bulk. 5.0026.2 calves, steady; bulk vealers to pack- stockers and feeder: stocker and feeder bulk steers, 6.25a7.75. Hogs—Receipts, 24,000 head; active; 180 to 200 pound hogs, mostiy 10 to to 15 lower: others, mostly steady, with yesterda average 00 1bs., down : . up Digs. bigher; bulk 9.1529. Sheep2-Receipts, 19.000 hea about steady; wooled lambs. top, 10.00 to shippers; bulk. 5. i horn, top, catly, 9.00; some held higher; bulk, 8.00a8.75 choice: 110-pound ewes, 6.00. STOCKS NERVOUS: PRICES ARE WEAK 4iForeign News Unfavorable. High-Grade Rails Under Pressure. BY STUART P. WEST, NEW YORK, April 14—With the definite word that the vast English strike had been called for Friday, and with supplementary news after the start of business this morning that the latest conference attempting a settlement had broken down, the mar- kets faced another ordeal. There were, however, no signs of acute alarm in any direction. Lon- don and Paris security markets were depressed, but the losses in govern- ment and other investment issues were moderate. London did very little selling over here, and the particular baromecter of English speculative sentiment—Royal Dutch—opened well above where ft| left off last night. What was of Sequence, the decli; change was not resumed, but, on the contrary, rates started in nearly a cent higher and held most of the day above yeSterday's final. These various movements were very mild in comparison with the sensa- tional statements of English politi- cians and of newspaper correspond- ents regarding the crisis and its pos- sibilities. “They did not imply that the financial community had much re- maining hope of a last minute settle- ment, but they did reflect the shrewd judgment of "bankers and business :l;nen. tha}dno ntrllkelof such propor- ons could possibly last 1 to do vital harm. > Sras o geh Heavy Losses—Some Recoverfes. The stock market here was consid- erably unsettled for the first hour or 80, but such declines as were brought about were the work of bear traders very evidently, As usual, when it was found that offering down of prices a point or more did not induce liquidation the early short sellers promptly took fin their contracts, and this buying brought the market by early after- noon back pretty well over the ground lost. Professionals working on the short side had concentrated their efforts in the early trading upon the highly speculative issues, which it is always €asy to influence temporarily, wheth- er up or down—stocks like Mexican Petroleum, Crucible Steel, Baldwin Lo- comotive l;ndhAll:‘mlc Gulf. Some of the dividend-payin, 1 opened lower, but later rallied cna had on the whole a good deal better time of it than they had yesterday. Low and medium priced oils were the leaders of the rally at midday, fol- lowing reports that Transcontinental Oll had made an entirely new strike in its territory in the southwest. Steel stocks were heavy again and still felt the uncertainty, as expressed in the conflicting opinions of steel men themselves, of the effect of the price cuts instituted by the steel cor- poration. Delaware and Hudson Sium, Delaware and Hudson broke an- other 5 points this morning, com- pleting a drop of more than 10 points within a week. While it is remem- bered that the stock sold still lower than it did today, back in last July, - dend being passed, iS that there is more busis now than there was at . that time for anticipating unfavorable dividend action. Last July the rate increase was in immediate prospect and Delaware and Hudson belonged to the group which was one of the chief beneficiaries. This was a suf. ficient reason why the directors felt impelled to continuc the 9 per cent distribution, regardless of the defi- cits which had been piling up Back under private control the road did considerably better. Its gross for the last quarter of 1920 increased some $4,000,000 over the previous year and its net increased some $1,500,000, In January of this year Delaware & Hudson's gross was still up $1,400,000 and it had a net operating income of $138,000, as against a deficit of $226,- 000 in January, 1 For February thére was a deficit of $59,000, but this was slight by comparison with the $468,000 loss in February a year ago. The point scems to be, however, that while there has been a very fair im- provement in the revenues of the company. i® has not been anything like enough, even with the utmost al- lowance for the profits from the coal mining business to warrant the con- tinuance of so high a dividend. The meeting to decide upon the dividend question is scheduled for April 28. e e BAR SILVER QUOTATIONS, NEW YORK, April 14.—Bar silver: Domestic, 99%:; foreign, 58%; Mexi- can dollars, 44%. LONDON, April 14.—Bar silver, 343 Pence per ounce. Money, 53 per cent. Discount rates: Short bills, 6 per cent; three-month bills, 6% per cent. still more conse- ne of sterling ex- the feeling Washington BALES. . Jashiagton Gas 5o—$1,000 at T7%. $1.000 at “Washington Gas THAS3500 at 100%, 3500 at 10015, $1.000 at ‘100%, $1.000 at 100%. T;.J(;I) at 100N, $1,000 at 100%, $! Vashington Railway 4s—$1.000 at 5L Rington Hailway ‘gencral GoSLO% at 81, $2.000 at S1%. Capital Traction—5 at §7%. 20 at 8. Allied Chemical 000 at | Adams Express. Adv Rumley. Ajax Rubber. Alaska Juno. Lanston Monotype—10 at 76%. 10 at 764.| Allls Chalm Bid and Asked Prices Anacostia and Potoma nacostia and Potomac gu sapeake and Potomac Tel. pital Traction R. R. Subirban t. K. tric Light cons. n TN 5a. Mo . 1008 #01G 911 10015 0 o2 93 MPANY. ican Seenrity and Trust.. nental Trust Rarnesdall (B) Am Agr Chem Am Cotton Of1. Am Express. Am Tnternational. Am Locomotive Am Ship & Com Am Smelting. .. Am Smit Sec A. Am Steel Fdy Am Suear. . &m Sumatra. Am Tel & Teleg Am Tobacco. Am Tohaceo (B) A Woolen. . Roth Stoel (B). Booth Figherles. Rklvn Rapid Trn Rklyn Rap Tr ctts. Rurns Bros. . Rutte Conper. Rutte & Superior Butterick. ~addo ON. rupLic UTimes, | Gane American Tel. and Telga. 4 81 | Am Car & Fdy.. .. American Tel. and Telga. 4 884 | Am Car & Fdy pf.. 111 Am. and Tel. ctl. tr. 8245 | Am Chicle Co. . 21% Am’ Tel. and Tei. cons. G S STOCKS Am Writing Prpf. 31 PUBLIC_UTILITIES. . Anarands . 8%% Amr‘-r‘u,m]r Tnl‘. and Telga & Y Assets Realzn. . ‘8 Capital Traction 1, Atehieon iy Washington Ga 5 437, BT Norfolk and_Wash, & Daso Atlantic Cst Line.. 78 \\\\'lll)‘l‘nllon Rwy. and Elec. com. ‘—’-\"1 1 Atlantic Gulf. . £ shington Rwy. and Elee. pfd. 0604 6] V. tie Petrol Wan.Virginia Rwy. pfd.. .. 40 ... | pientie Betrolem ATIONAL BANKS. 1 2 American . 166 Ralto & Ohio. = Ralto & Ohlo of. California Pckg... 5% ~alifornia Petrol.. 43% Falifornia Pet pf.. % Calumet & Ariz... 48 i L 19 Canadian Pacific m: Merchants’ Central Leather. .. %3 urity Savings ani Commercial 197 Central Leath pf.. €9 eventh Street Savings. . 150 e Parco . 71 Uhirea ‘Brates . Chandler Motor. .. 8% Chi Great Westn.. 74 Chj Great W pf.... 15% ChiMi1&StP..... 2 ChiMil &StPpf.. 64 Chi & Northwn. ... 1% % ChiR T & Pacific.. 5 2 A Chi R1& P1%Df.. ;":Vn 4 = Chile Copper.....- Real Estate Titl . T8 MISCELLANEOUS. Chino Copper. Graphophone com.... 8t 7% | Coca-Col Graphoplione pfd. #° o ColGas.... . er o. 5 ne. . 5" Transfer and Storage 100 i35 | CO! GI';:"":;“:“ Mergenthaler Linotype 129 |Cons Y Old Dutch Market™ com. 6 |ConsGasofN 014 Dutch Market pfd 9 | ConsIntlCalMin.. 6§ Lanatea Monotre 6% | Cons Textile. ..... 18% Cont Candy. 1% *Ex-dividend. Corn Przu&:u. g: —_— Cosden 3 CURB STOCKS. Crucible Steel..... 8 Quotations furnished by W. B. Hibbs & Co. g:‘ifi':'ii‘;f.’,‘fr.. :;“2 Bl " Riked, | Cuba Cane Sugar.. 20 Aetna Explosives . 8 935 | Cuba Cane Su pf... 81% Allied Oil .. 10 117 | Del & Hudson..... 92% Amecican;ands . 3% &y |Denv&RIoGr.... % etrolenm : Big Heart - Sk 3% | penv & RioG pt... 1% Big Ledge . % 516 Dome Mines. . 1% 1" | gndicott-Johnson. 61% ciae 8 |Erie.... . % A [T 1st pf :’m 5 7 2a pf. - ads Cernee Dah b B e e Carib Syndicats oIy 714 | Famous players pf 6% 1 lg 13 | Fisher Body.... 'fl‘% Cities” Service (new) . 2% | Fisk Rubber. tiew Service (1) ‘% 22" | Freeport Texas [ ties Servive ped 1 788% 67y { Gaston Willlams ‘olonial Tire S 8 | Gen Asphalt. 60 ‘olumbian Fmerald . . 2 Dag Cigar. 56 Columbia Syndicate . S 3" | Gen Cig: e 186% Consolidated - Copper U4 1y |%enBlectric...... 13 Cresson Gold 1116 1i4 | en Motors. ... 1 Davis-Daly . e Gen Motors pf.--.. 71% Dominion ’ Of 8. 1 |00 Mot 6% deb... €74 Durant Motors 21% 21y | Gen ot Elk Basin 8% 8% | Goodrich. .. Ertel Ol % Goodrich pf. . 75 £ 97| Great Northern pf. 6 1% 1% | Great Nor Ore..... 2 15 20 | Greene-Canane: 22% 1% 1%|Gulf States Steel.. 2% uffey-Gillespie 125 125 | Haskell & Barker, fiu Granada il 4% 5" | Hendee MfEg. 5 Hecla . 3% 4 |HoustonOll.. 6% £ pe: 7 10 | Hupp Motors...... 14% ndian Packing 2 3 % Intercontinental Kubber . 8% 9y |Indiahoma. International Petroleum (i 143 14% | [ndian Refining. Jorume Vente % % | Interboro Met D! Eale Forpaan 1y 2, |t Harvester.... 8% | Lehigh Coal and Navigation. [ @&” Intl Mer Marine. 18% | Lone Star Gas. =3 26 | nt1 Mer Marine pf. 49% Livingston Petroleum . 2% 3% | 1nt1 Motor Truck.. 34% Frrig D Ry 3yl inu Nickel........ 1 s D% 28| u paper % i % Paper (sta)... 72% Intl Pap i 3% 12 | Invincible ONl 9% | Mia 1% 3" |Island Oil. z::: Midwest Refinin, 1387 140 | gansasCity Nevada Opbir 10 2 | elly-Spring Tire. 40% j New Corneila 13 15 3y 19% NipissingMin 8y 7 |Kennecott.. Bie North Amer. P. and P! 4% 4% | Keystone Tire. gm";;l“::;",'} - A zgy. wnnnns:ezl, gsfi i . Lak & W pt. Pennok Ol .. S B e Erie Eerfection Tire . 15.;‘5 Lee Tire & Rubber 26% Producers and Refiners i & 4% { Lehigh Valley..... 48% © 3% 3 |coewsIme........ 18% y DR 2Bl CorIne. 10 2 8" | Loose-Wilel 26 35 1Louis & Nash..... I97 PG 12% | fanhattan Elev... 5% Sima Petrol 81 | Mackay Cos....... 6% Skelly 0l Bia 5% | Mfanhattan Shirt.. Switt Taccrmationsl . 2% 2% | Martin-Parry 15 ernational Tonopah Divide 1316 11| May Dept Stores... l:: Tonopah Extension . % 17-18 | Mexican Pete. 7 1 20 | Miami Copper: 19% { % % |miadieStatesOll.. 13 u;dugm and Heat pfd. a H Midvale St l:V‘ nit S Nieamahl % us Mo R S Toxbf- 4 United Retail T 1% taE n CUnited Tex % % | Mo Paclflc. .- H Warren Bros. +:> 20 | Mo Pacific pf. Wayland Ofl . 2% % |Mullins Body. 224 D 1516 17 |NatlBiscuit. “11 Wright Aero S 8 | Natl Biscuit pf. 1 CHICAGO-— Natl Condult. 1% Armour Leather com 1% 124 | Natl Enameling... 574 A er L. e | Armour pra: ..o BE 0 [NauRysofM2d.. 4% { Cudahy Packing 46 Nevada Copper- i o 21% =2 = 16% FOREIGN TRADE NOTES. N Y Ont& West... 17 The American amber of Com- Nar(olk&Wl";‘: 2’6 merce for the Levant, headquarters at Normorn‘l’l:fod 2 Constantinople, has opened a bureau g“‘;‘:‘;’.‘;_ckwu, % of information to handle inquirics|Srhrgtoel. . 1% concerning trade openings, invest-|(wensBottle..... 52% ow = ment opportunities and queries re- | pacGas & Elec.... 8 garding conditions and firms in the Plc\lx!:‘fl';t 6; Foar. Faat. B Am Pete (B). 61 A commercial treaty between Fin- (ool Cyivania. a8 IT‘rlni a‘rlm Esthonia is now under con- P::n ‘Seabd Steel.. 10% sideration. e Exports declared for the Uniteq | People's Gas. - flz States at the American consulate at|Pere Mara 1% Valparaiso, Chile, decreased from $18,- | PhilacCompany. .. 045,000 in ‘1919 to $16,167,000 d | the last year. Heavy ‘orders for American machin- ery have been placed recently by Aus- tralian firms, and it is reported that further orders are likely to follow, as satisfaction has been given. Consul Edward A. Dow reports from Algiers that the recent increase in uring | Phillips Petroleum 25% Plerce-Arrow Plerce Oll. pitts Coal. pitts Coal pf. pitts & W Va. 2 Creek Coal.. 14 5:::-«1 Steel Car. 2% 0% 8% 86 24% 844 the weight limit of parcel post pack- | Pressed Stl Car pf. 134'?: ages exchanged between the United | PullmanCo- s States and Algiers may serve as an | Punta Alegre..... opening wedge in the revival of Al-| pureOll. oone zzzs geria’s ~ import business with the | Rajlway Stl Spr. 87% llvmwd States, which has fallen off | Ray Con Copper... 12% sharply, owing to the depreciation of | Reading. .- % the French franc on the American|gResding 18t bf aw% market. Remington Typr.. 352 Rep Iron & Steel.. 60 MAY SUCCEED STILLMAN. “?“ D‘}‘“‘fi:l s St Jose) . NEW YORK, April 14—John Me- | 5t1 & Ban Fran... 20% Hugh, vice president of the Mechanics | St Louis Southwn. 26% and Metals National Bank, and prom- | St Louls Sown pf.. 35% inent in several other large financial | Sears Roebuck. Seneca Copper. institutions here, is being considered | GonecR LORRIT as a possible successor to James A.|gpel)Trad & Tran. 40 Stillman, president Of the National|Sinclair Ofl....... 2% Gty Bank, the New York Times says | Sloss-Shefeld.... 39 this morning. e proposal to con- Pacific. . solidate the Nationa! City Bank and | SOuthern Pacifo. - % the Mechanics and Metals National, under consideration some time ago, also is reported as having been re- vived. If such a_merger were con- summated, Gates W. McGarrah, pres- ident of the Mechanics and Metals National, probably would become chairman of the board of directors. A . Southern Ry pf. High. 30 5% 1% n% 17% % 5% m% 3% 9% 21 8% 5 18% R 6% 1% 0% Stock Exchange NEW YORK STOCK EXCHANGE. Received by Private Wire Direct to The Star Office. Low. Closs. 20% 30 8% 17 2 2 1% 1% au 6% % 5% we Mh A% Be% 5% ;% 7% 21 122 m m 2% 2% 20% 0% 124% 124% s 8 s0% 50% a 4« sy Mm% 5% B4 7 8 8% 89 5% 5% g% 28 P T T% 105% 105 m s nz 12 P ) s M T TR 7% 2% s T B B u% 3% n /3% 8% B =B B 8 % 16 B% & M % 2 ™ A & & % 4% n% 1% % 18 16% 17 Bt 5% a% 4 uk W% o 8 108% 109 2% W 6 69% n % 8% % T4 "% 15% 7Y% % 6% 6% O 0% % 2% 0% 0% 0% 11 A% 20% %% 2% 9% 5% € 6% 6% 6% u% % 5 65 18% 18% 1t 11 % A% 9% B0 k8% P 18% 18% € 6 0 9 % % % 1% 8% 18% 60% 60% % 1% % 1% 1% 1% 6% 0% 86% #6% 8 8 8% 15% B 15 %1% 8% 5% 56 55 183% 1244 2% 13% % % % 6% 1% 3% w1 66% 66% % 2% 2% 2% 2 29 5% 54% 19% 19% % 8% u% % 5% 5% 9% 9% 2% 1B 6% 18% 49% u u% 15 59% €0 %" 2% 19% 1% 4% 4% % 0 w© 8% 19 5% 15% % e 19% 19% % 286% a% 4% 3% 19 0 10 5 36% 7 50 50 63% 63 3 = 518 £8% 893 136% 136% 19% 19% B kg % 26% 2 -2 “« 4 6% 16% 6 36 2% 2% 12 15 us s 1% 1% L 3 4% 4% 10% 10% 6 2% % 6 61 101% 102% { 9% 40% 83% 4% 86 86 2% 12% €6% 66% a a 2 82 58% 68% 59% 53 12 1K 19% 19% 6% 26% 6% 36% UK U% 5 15 5% 6 © w0 8% WY B 3% 2 1% 19% 19% 6% 109 108% 103% 4% % i | ! days ago. STRENGTH SHOWN INLOGAL SECURITIES Bonds in Good Demand. London to Test Our Money Market. BY L A. FLEMING. There was a fair business transact- ed in local securities, and the show of strength was above the average. That prices are so well maintained, in view of the prevailing conditions on the New York exchange, and that divi- dends are being maintained with such | regularity. compared with the cutting and passing of distributions by lead- ing industrial corporations. is a source of satisfaction to officials and members of the Washington Stock Exchange, and a compliment to the active security list. Lanston made a new high on this Open. High. Low. Close. SubmarineBoat... 7% 7% 7% T% Superior Steel. . % A% A% a% TennCopper...... 7% 7% 7% Th TexasCompany... 41% 41% 41 41 Texas & Pacific... 19 19 19 19 Texas & PC&OIl. 21 21% 26% 20 TobaccoProd..... 48 48 41 @M% TransContlOil... 11 12 10% 1% Twin City R Tran. % 4% 4% &% Unlon Ofl. . 20 20 Union Pacific % 13 United Drug. k% Y% 1081 1032 United Ry Inv. 0% 10% 10% 10% United Ry Inv pf.. 2% 201 21% 2% United Retall Strs. 49% 43% 4%% _4s% 1S Food Prod 0% 21% 07 20% USTIndus Alcohol. 65% 66 6% 66 US Realty. .. BO% 6% 60 BO% U1 S Rubber. 73 7k Tk 2% US Rubber 1st pf. 101% 101% 101% 1017 USSmelt & Ref... 30% 30% 29% U S Steel. - 80 B0l 9% T9% USSteel pf....... 109% 109% 109% 109% | Utah Copper. 50% 0% 50 B0 Utah Securities... 10% 10% 10% 10% Vanadium Corp. 28% 28% Va-Car Chem % 9% Wabash M % Wells-Fargi 5% B8 Western Md. st 9% Western Md 2d.... 16% 164 Western Pacific. .. A% i Western Union.... 0 %0 Westhouse E & M. 46% 46% d6% 46% Wheeling &LE... 8% 84 8% 8% Wheeling &LEDf 1% W% % 1% White Motor...... 39 33 39 39 White Oll. . 15% 16 15% 15% Willys-Overland.. ™% 8 7% 8 High. Low. Last. Cali Money. d 7 7 HOURLY SALES OF STOCKS. 1lam..... 189300 12m....... 504 200 1pm.....36380 2p.m..... 43950 RAILWAY BONDS AGAIN LOWER NEW YORK. April 14—Railway bonds continued their decline in the market today and some new low prices for the year were reached. This was true more especially of Union Pacific 6s, which were off a half point, to 98%%; Baltimore and Ohio 6s down three-quarters, to §7%; St. Paul gen- eral 4s down a half point, to 66%, and Reading general 4s off a quarter of a point, to 78. L Conforming to the severe break in Delaware and Hudson stock, resulting from the discussion of reduced divi- dends, Delaware and Hudson 7s fell off a half point, to 102, and the con- vertible 58 broke a point and a half to 81% Southern railway 4s and St. Louis and San Francisco prior lien 4s were each off a half point, the former to 57% and the latter to 60. On_ the other hand. Colorado and Southern first 4s distinguished themselves by moving against the rest of the rail- way market. They were up u point and a half on the day to 82%. Libertys Firmer. Liberty bonds were a shade higher. Another new high for Chinese rail- way at 46%. was one of the fea- tures of the foreign division. City of Bordeaux 6s gained a point, cross- ing 78. French $s were heavy at 933, Bel- gian 55 unchanged at 97%, Danish and Norway issues a trifle easier and Swiss §s the same as yesterday. It was significant that United Kingdom 538 of 1937, which would be the par- ticular issue dealt in on this market |to reflect uneasiness on the strike e ! risis, were steadily held.. Bond houses were discussing the Mexican petroleum note issue expect- ed within the next day or two, possibly by tomorrow morning. The talk was that the amount would be $10,000,000 and the rate 7 per cent, with pro- vision for maturity over a period of { fifteen years. DIVIDENDS DECLARED. Stock of Pay- record. able, Powder Co. pf, q. $1.50.Apr. 20 May 2 n Kodak Co., q. $. 1 n Kodak, ex, $10. 1 Fastman Kodak pf. q, $1. 1 Fairbanks ( 1 2 1 1 1 National Bise Pac. Coast € Pac. Coast Co. 24 pf, q. $1 oolworth, W., q. 82,00 W. H. McElwain st pf, q, 621sc . 1st pf, 5 FINANCE AND TRADE NOTES. The Sloss-Sheffield Steel Company has deferred action on its regular quarterly common stock dividend of 1% per cent. Reduction of 1 cent a gallon in the wholesale price of kerosene is announced by the Standard Oil Com- pany of New York. The new price is 15 cents a gallon. E. W. Scheer, general superintend- ent of Maryland district, Baltimore {and Ohio railroad, will assume to- morrow the duties of general man- ager of the Baltimore and Ohio lines east, succecding Stanton Ennes, who re- signed January 1. The Chandler Motor Car Company in the first quarter of 1921 shipped 1,700 cars from its Cleveland fac- tories. Although these were below | shipments in the corresponding pe- riod of 1 they were better than anticipates ¥ the management sixty DISTRICT TO PAY $800. Consents to Verdict for Injuries on Calvert Street Bridge. The District of Columbia today con- sented to a verdict for $800 against it in favor of Mrs. Margaret W. Hum- mer, who was injured February b, 1919, on the Calvert street bridge. She brought suit for $15,000 damages. verdict was rendered by a jury in Circuit Division 1 beforq Chief Justice Five planks of the bridge gave way under the wheels of a fire engine just before Mrs. Hummer and her husband drove over the bridge in an wutomobile. The machine struck the hole in the bridge and Mrs. Hummer was thrown violently against the windshield and sustained painful in- jury. She also brought suit against the Capital Traction Company, the cars of which use the bridge. A private settlement, it is understood, was made of this suit, which was dismissed of record today i Attorneys King. Simon, Young and Koenigsberger appeared for the plain- tifr, while Assistant Corporation Counsel Barse represented the Dis- trict of Columbia. —_——— CALL ON PRESIDENT. Community Service Workers Pay Respects at White House, Headed by T. S. Settle of this city, District representative of the Commu- nity Service, Inc.. twenty members of the executive committee of that or- ganization called at the White House this afternoon and shook hands with the President. A conference is being held in Washington this week of ex- ecutives of this organization, which is engaged in activities in play- grounds, physical education, commu- nity music and pageantry., Besides Mr. Settle, the other members of the delegation were Roy’ Williams, Iva Brist, G. G. Prayer and Mrs. A C. Driscoll. —_— Skulls found during excavations are sald to prove fhat mankind isted at least 1,500,000 years a ex- e movement when it_advanced on light sales to 6% and 76%. There seems to be some idea of an extra dividend in stock, although stock dividends have not been especially popular of late, and an extra in cash would prob- ably be more welcome to sharehold- €ers. 2 Capital Traction shares remain very steady at 88 and a fraction under. Most of the business of today’s s sion was in bonds. Washington Gas =old at 77% and 73; the 7% per cent notes of the same company sold at 1001 for $500 lots and 100% for full- sized bonds. ailway 4s were strong at 59, and the .general 68 of the same company started at 91 and the second and last le was at 9 The inactive list showed a firm tone as evidenced by the bid and asked prices. Will Offer Treasury Bills. The British treasury will soon test the American money market with an offering of treasury bills. The rate on the bills has been reduced from 6% to 6 per cent. this being cut from 7 per cent, which had been the current rate for nearly a year. The bills are offered flat, without interest and are 0ld at a discount, the profit to the in- Vvestor coming from this source. They are payable to hearer and offer an easy method for short term bor- rowing. It has been suggested method of short term borrowing might be an improvement on the method adopted by the United States in issuance of Treasury certificates, and the statement made that it was at least worthy of cogsideration. Quiet at the Banks. Business around the banks is de- cidedly slow. This is notl unusua just before the government pay day. and a revival in interest is expected tomorrow and Saturda; On the 15th $118,600,000 Treasury cer- tificates will become due, at least the larger part of this amount. It is possi- ble that some holders of the issue ac- cepted prepayment as permitted by the government some days ago. Allotments will also be made soon {after on the series H-1921 certificates, ifor which the fifth regional district {has an allotment of $5.190,000. Gold Pouring I The Olympic brought $1.900,000 gold, the Bankers' Trust Company received $700,000 from France, the Frederick VIII brought 5,841,000 gold kroner and the National City Bank is bring- ing $2.500,000 gold from Australia. Last year the federal reserve system lost $83,881.000 gold in the months of January, February and March, while this year the stock increased $183,- 000 for the first three months. The gold stock in the Treasury is now $2,264,010,000. Europe is making strenuous efforts to better their exchange position and the yellow metal will flow this way for some time. Wall Street Notes. During the last five years the In- ternational Paper Company has earn- ed $142.70 a share. The Wall Street Journal calls this an “international achievement.” Sloss-Sheffield kept up the uneasi- ness in the steel industry by “de- ferring” the declaration of a divi- dend on the common stock. Eastman Kodak Company has de- clared an extra 10 per cent dividend on the common stock, payable June 1, and another extra on the common of 5 per cent, payable July 1. The regular dividends of 2% on the com- that this !mon and 1% on the preferred are +also payable July 1. Comment on the reductions made { by the Stee] Corporation on its prod- el is wve generally favorabl us likely to have a stabilizing effect on the market for products. It will aid the railroads. and help bu &, once the work of upbuilding starts again. §PW Haven report for the ye 1920 shows a deficit of $4.621.5 The books showed a profit and loss | debit of $31,524,595, as compared with a $2,078,352 credit balance at the close of 1919. This great deficit was the result of the vear's deficit plus a $28,935.656 loss on the sale of the Rhode Isiand trolley properties. The company reporte da loss of $137.893 on fourth liberty loan bonds. It has $8.000,000 cash and assets of $538,- 850,035, Detroit reports about 47.6 per cent normal activity. A total of 953221 men are working compared with the usual force of 0,000. Erie paid 60 per cent of its expenses to labor in 1920. The net railway operating deficit for the year was Phelps-Dodge Corporation earned $1.63 a share during 1920. After pay- ment of $4,500,000 in dividends the big surplus of the company was re- duced by the year's deficit $3,766,885. Increased cost in production and sale produced a net decrease of $22.- 000,000 in net earnings of General Motors in 1920. despite a $17,000,000 increase in gross sales. e BOWIE ENTRIES. First race, claiming; three-year-olds and upward; six and a half l’urlonsx;; Propaganda, 11 Lady Granite, *Edith Shreve, 86; Onico, 10. sylvania, 108; George Bovee, 1 sist, 104. Second race, olds and_up: claiming; three-year- rd; six and a half fur- longs — Burlingame, 108; Toadstool, 108 *Amackassin, ~ 103; = Enos, 108; Back Bay, 113; *Thistle Queen, 95; Mandalay, 108; *Double Van, 103 Third race, eclaiming; three-year- olds end up; one and one-sixteenth miles—Speedster, 110; *Aztec, 108; *Orenzo, 100; Tom Brooks, 110; *Nebraska, 105; Almino, 110; *Hacka- more, 105. Fourth -race, Consolation Handi- cap; three-year-olds and up; furlongs—King’s - Champion, Wood Violet, 106; Shoal *Tingling, 102; Runquoi, 107 tilles, 1 7 ¥ifth race, claiming; three-year- olds and up; one mile—Bolster, 11 Shillelagh 11, 105; *Penelope, 95; Sol- dat de Verdun, 111; Panaman, 10. *Tantalus, 108; Escarpolette, 100. Sixth race, claiming: four-year-olds and up; one mile and seventy yards— Summer Sigh, 114; Manoever. 11 Ballybell, 106; Jock Scot, 114; Tan IL, 112; *Ettahe, 103; Zouave, 113; Sammy Kelly, 108; *Keziah, 94. Seventh race, claiming, three-year. olds and up, one and a sixteenth miles —Spearlene, 116; Attorney, 91; *Tore Jor. 86; Legacy, 110; Sunduria, 10 Ben Hampson, 110; *Warlike, 100. *Apprentice allowance. Weather clear; track fast. BOY WINS $2,500 VERDICT. A consent verdict for $2.500 dam- ages was rendered today by a jury in Circuit Division 2 before Justice Sid- dons in favor of Philip C. J. Geraci, a minor, who brought suit for $10.000 damages, through his next friend, against Ella P. Rogers. The boy w: riding u bicycle at Connecticut an Florida avenues, June 30 last, when an lnmfiug, owned by the defend- ani wi Attorneys H. P 'wiair ana C. H&ren appeared| for the boy. b - .