Evening Star Newspaper, April 23, 1921, Page 16

Cleveland Park A Wonderful Corner Residence on the Most Desirable Street in Cleveland Park THE EVENING STAR. WASHINGTON, D. C., SATURDAY, APRIL 23, 1921—_PART 2. TODAY’S BOND PRICES. Slow but substantial gains in business IN GENERAL TRADE CONDITIONS Almost Every Section Reports Growing AI SI[AI]Y PRl[:ES Belief Price Readjustments Are Near Bottom—OQutlook Is Improving. | The pulp industry at Chebovgan has BONDS WERE SLOW Noon prices reported to The Star over direc New York-Washington wire by Redmond & Co City of Paris 6s 1921.. French Government &s. Government of Switzerlund 8. Kiogdom of Belgium 7iss.. UKo n NEW YORK. April 23.—Railroad bonds were not as responsive as were the stocks to the more optimistic feeling egpressed over the railway outlook. While the railway shares were jumping anywhere from a point to three points, rail bonds, as a rule, advanced only fractionally. Chesa- . B and Ireland 5 can Tel. and our & Co. 4ias. Atchison, Tupeka and Atlantic Coust Line Atlantic Refining ( Baltimore and Ohio con: Bultimoro and Ohio Baltimore and Ohio Bethlehem Steel refd. Central Leather 3s. Arm 335 45%2 FLTE Seaboard Southern Southern Southern Southern ¥ Ss.. Union Pacific 1st 4s. . Union Pacific cony. 45 . . Union Facific s 1928, United States Rubber 5». United States Rubber United States Steel 8. F Virginia Caroiina Chemical 7 Wilson & Co. 1st ts. SHORT-TERM SECURITIES. (Reported by Redmand & Co.) Bid Tel. & Tei. s 1922 . 97i Alr Line adj. 3s.. ias 1832] FORNSFORCALL " IRESINPLIRD Twenty-Eight Queries Are Eliminated—All Important Facts Covered—Notes. = Central i e = seem to be the order of the day. The |Tresumed. f i Deake and Obio convertible 4%s, for | (hewtiw - BY L A. FLEMING = great purchasing power of the ,,.,,,u,,‘ St. Louis a Bright Center. example, were up only & half Point 10 | (heapeabe oy Vg £ | orms were received at th ous g . dispatches from many cities during the rflSi';mll:ouci:nx:ndsBo‘;ttsbnasn!:’tly.;:.; 76. Seaboard Air Line consolidated = e Anglo-American o1l 714 local ban morning m the This house was built by one of the most prominent past twenty-four hours indicate, is be- | (IR oS00 T og ‘woodenware, drugs lfi! clo_sp;‘.i at d‘t‘h‘é' 32 againat 473 Paul_conv Betliehem #ieel b office of th r the cur-', . ing manifested in various lines, the|and ch aCF ast night, and the refunding 4s v Stern T8 1930. e rency, containing questions relating i i i i d is there- an emicals and furniture have !, ecigely the same, 39%:. New York. Canadian Pacific 6 19 € architects of the city for his own home and is there latest being oil and leather; business | picked up in volume of orders from [[Rreciacly the same. 99%. New Tork. Central Argentine to the condition of banks. (o be pri E i d design to the {has held its gains and is adding to them 12 to 43 per cent. Kansas and Okla-|only a quarter of a point at 35. St.|Consolidated Gus 7u.... S S R R s fore far superior in construction and desig measurably each week: less unemploy- | 10ma oil fields believe crude oil has|Pau) convertible 5 were unchanged. | Deaware and Hudson St o 1 though scattered lu. | touched bottom prices and look for [ s¢"ouis and San Francisco prior lien | Efie keneral lien 4« the controller. usual house built to sell. It has 10 large rooms and s upparent, though scattered lo-| improvement. Kansas City is mark- | A5 did not improve over vesterday's |{oertl Electric . Bankers were pleased to find that ' calities are exceptions which prove the | ing time, apparently, but with confi- [fina] of 60%. Northern Pacific 3s Jnternational A S PR o not less than twe -eight questions 2 baths; billiard room; hot-water heat; garage, etc. rule; public confidence apparently is be- | dence in the return of normal condi- | were likewise unchanged at 55.|lnter. Kapid Trancie 1ot o mf 5 that have red of late in forms ¢ ing restored conservatively and the out- | ions ere long. Fort Worth, watching | Chicago and Northwestern 63%8 hung | Loaisville and Nashyille 72 3050 Kennecott Copper 7s nat have appeared of late in for . 10,000 feet of ground. look continues to improve. the wheat crop with eager eye, be-|around their low level of 98. nd Tex. 15t 45 Liggett & Myers Tob. 6 19: have been eliminated, but in the X g . From almost every section come re- | lieves that if the big promised yield| "The net changes in the industrial [ Missouri T Eeans 0o twenty-eight were not included any ports of a growing Dbelief that prices Matures conditions will attain if not|bond list were likewise very small | (0% York Contral vs 1930... 2 = have reached or nearly reached the bot- | Surpass the normal of a few months [ Sinclair Oil 7%s gained a quarter of | New York Telmrons o™ exsential queric important points tom, and_indications are that upward | ag0. a point at 921 Cuba Cane Sugar con- {Norfolk and Deing horanE by Ponieed Kas Mlrat ot ° revisions may be expected in foodstuffs' The Pacific coast is looking west- | vertible 7s lost a half point to 583%. 2 and other commodities, at least to some ; ward in the belief that idle tonnage| In the government group City of o . A n slight extent, within the near future. [ may soon be employed in trade with | Paris 6s, anticipating their retirement Sinclair Con. Ol 1 It may be that the call for a , nevenness marks the readjustment) the far east. or refunding, were sought after ac: R Southoastera B ment of cor on will be made before process in various lines, notably the e tively at their high level of 98. Nor- | pepisivania 7s of R BT ; s dasin building trades. St. Paul and Minne- way 8s were strong at 100%. French | Reading gen. 4a. ... .. - 5 Z Swift & Co. 7s 1925 the close of e apolis, for instance, report a building BUSINESS NOTES. 8s were a trifle firmer at 98%. St Louls ani wi Francivco 43 serita A: 193 c inclined 4o dhink that the ca hoom that promises to surpass all rec- | CHICAGO, April 23.—The interest- Liberty bonds were scarcely chang- | §t. louis and San Fr gt o 5 o Y = ords since 1593; Pittsburgh is working | ing report is made here that a consid-| ed at all on the day. Seataant AveTane mopcisco dnc. 3o | Wertiaghoune B & 3. 7o isdi . Voy oo% | Lt Wil ind the savings banks amp 5 bopieri erable percentage of unemployment to- —— S i l " ¥y . d ay, as c red with a year ago, is 5 . ther i tions in ng pe company de ’xnx;‘:"fi A'Tllh;;l"?’? :hnp and (lu|t= to the fact that workers with WHEAT AVERAGES HIGHER raln Pro uce an lve toc as to depo “nt_red & t 1420-1422 H St. N.W. rpenters, bricklavers. painters and |way of producis than at any time| ON TARIFF POSSIBILITIES 2 D e e plumbers; Cleveland emplovers, hav-|during the war period. Some em- ksl e i LOCAL WHOLESALE MARKET. GRAIN AND PROVISIONS. pThe Merchagis National Bank of ing declared a cut of 3 ployers are figuring that t s 5 . Apri . — Wheat has gs—Strictly fresh, per doz., +| BALTIMORE, April 23 (Special).— 2 3§ 2 s e ¥ et mm-mI"m"“"““mlmmmml“"mm“"“fi you{"m r:lrvenlf;x;,s't\:afoaffrnm $1 ;» :,m’h rm';', dmng mez work o‘?"m'?é; averaged higher in price this week, [Southern, 26. . f%}?{‘"“" white, :?;,]1 :‘pe(,- 'Z‘.l‘ ifiilo‘rdm A:"»n‘v\.",""; it "\:x|‘1‘|\_v|:y:‘nnl;| i t0 90 cents—wi at decrease pre- |It has been said by one contractor jer |, Live poultry—Roosters, per b, 21;(1.00: cobblers, '90a1.00; McCormicks, | (ne Jor&rSt fnancial Snstituiion O i | sumably to sct the standard for other|that bricklayers are today setting | aided by apparent likelihood of auick i yrieys” her b, 33a40; chickens, | 15a90; No. 2, 40a50; Florida, new, per | Lo (iouth, Baving resources of § = | building trades. labor faces a halt in|2,000 bricks a day per man. as against | inal action on the emergency tariff |spriny 73380; he .. 32a33; | barrel, 2.00a6:50; sweets, per barrel : housing work: while Philadelphia. R i pEng, per b, $75a80; dhens, (b, = FOR COLORED GLENDALE, D. C. The Established Suburban Devel- opment Where You Can Have Your Home Do vou like flowers, chickens, a garden where you can raise vegetables. strawberries and melons? Would you like to have a nice clean, new. well planned bungalow or small house? Would you like to industrious, ive among refined, car service? A B . Would you like to belong to a well organized Citizens you a home owner. TAKE H STREET CAR MARKED “DISTRICT LINE”, ask Cunductor to stop at 43th street N. E.; walk south into “GLENDALE"” and see Mr. Greene or Mr. Beverly, who will explain everything to you. IRVIN AND SHANK 1410 G Street N.W. Main 3908 e %E a éfllflmflflé = lal—2la]——q KA Ifs plane L E - - g = = = —and it ought to be plain to everybody that now is the time to build. Plenty of material on hand; plenty of men to do the work; plenty of demand for houses; banks will listen to reason; prices’down where a dollar can whisper in their ear—and the welcome sign on our front door. Come in or call up. i . x July at 1.07%al1.07%. ~of the world has thére been such i Near Dupont Circle gmar Oil (new) 2% firsts to extras, 27a31%; storage-|" gales to the seaboard and cash mar- l.or,’,rg:ou:a“ zrhud ge in human con- In desirable northwest sec- ,Nine rooms and bath, hot- Pennal % packed, extra firsts, 30%a31%; do. |ket conditions generally gave corn a A v | tion, containing six rooms, water heat, electric 'light; PertectioafTire & firsts, 3835230, strong undertone throughout the ses. | UCt 38 we have seen since the war ! tiled bath, hot-water heat, newly papered and painted Ttadio com. i% Cheese—Unsettled; recelpts, 3419 |sion. At the end May was Sixasiy |Desen. Business stability and 4 mew i electric !lghL open fireplace; throughout; double brick ga- Radio prd. 2 boxes. State, whole milk, flats, held, |and July 63%. normll'tor e cont g e Sh A & W St. NW. e Lot A0a 10, s paved rage. Price has been reduced Ray Hereul % speclals, 27a29; do., average run, 24a Hih, Low. Olose, | cconomic life canmot be found erman Ave. . INLVY. alley. Hardwood floors and to— Ryan Consolidated . 7 26; state, whole milk, flats, fresh, spe- . TE0% Taoy 1y 180 |these conditions prevail - i S wer has el and $15,750 e CreskipRreauctn 3& cials, 20a21%; do., average run, 10a toril Tossl Tosy Lori| Tobacco products SloCisrii Kb Eairn: i i . Sapul 3 4 19%. ° 3 ar script dividend. North North i Terms. Vacant. Simmy Petroi 8% Poultry—Live, nominal; no_ quota- a% ey —— " o] o] { Beelly 011 .. S tions. Dressed poultry steady and % & COTTON MARKFETS. G 486 48 | weels Co. unchanged. 3 sy et n o2 ift Intes nal 2: el YEW —A much 7 Fonopah Divide o CHICAGO, April 23.—Butter—Lower; 3% 30y el alis e cotton o ! Mt. Pleasant “Son Extens| 7-18 creamery, extras, 40; standards, 381.| NEW YORK, April 23 —Lard firmer; | n®0SFT (000 G200 PVina “greater ac- Overlooking beautiful Rock B! potern 1 Eges—Unchanged; receipts, 34.601| middle west, 10.40a10.50. Other arti- | fivity among commission houses Was o ——=3]0] EEEE Downtown Creek Park; attractive eight- U. 8. Light and Heat com.. Ftid cases. R 2 f{iciesiunchanie noted. After opening steady at 1 E On S Street just west of room and two-bath home; hot- u ?;,.“‘x'!"‘n"gnflf'i ptd. 1§ i’&\grgrAllve, lower; fowls, 26%%; to & pmm.:k ;dm;‘c. lu;;( mrk(e’; tt rol o s , 34, up to rise J YE |8 | roir, ~contaimos” 16 taree | | Bothn "etbagel*aitae P0G | ) 005 Hiimtl 3 ud . L ONE. o |1t 1o Ty oinis pnich s By = ? £ front porch, double rear ' 3 NEW YORK. April 23.—Dun's re-|up to 1296, July to 12 e CLy T G To u porches; open fireplace. e e J STOCKS VERY IRREGULAR v of trade says: ber to 13.30. The buvinz was based | or ghrzll:eo-!n Bk \ Wayland_Oil % After long oontinued liquidation, {on the more favorabie foreigm po- - " The Northumberland Apartments (Co-operative Company) New Hampshire Ave. and V Street OUR CO-OPERATIVE PLAN holder for another, with ail charges paid to date. The company now owns and operates the property. Im- mediate possession can be given of several desirable apart- ments, and arrangements are being made for future vacai cies. Why pay high apartment rents when you can pay yo' share of actual costs? For information and floor plans, apply to “{ report seeking to effect a 20 per cent wage cut, anticipates a strike. are much more cheerful in the belief that prices have stabilized. retail stores report business practically at last year's levels and the three months' building _strike has been broken with the declaration by the employers of an open shop. The ma- jority of union workers, however, are reported as still out. New York hears that the merchants of the country, convinced that retail prices have dropped as much as the are going to, are about to stimulate buying by convincing the public that such is the case. The cotton good: trade reports large orders for cer- tain kinds of products, notably ging- hams and percales. A healthy buying movement also has been experienced at the facts, is making still further reductions in labor forces and antici- ating a crystallization of the situ- ing salesmen sent out by Atlanta firms doing varied business. Stocks in each case are said to be almost de- pleted and demand healthy for me- ®ium priced goods. Here in Washington President Hard- ing has set virtually all the depart- ments of government at work in an endeavor to find a way to aid business. Congress {8 considering the tariff and ere long will also get down to de- tails on the new revenue law—both of prime importance to business, The railroads report increased load ings, with indications of still further im- provement. Crop Outlook Promising. In Pittsburgh indications are that i portant orders will be placed in the near futuze. Busin, readjustment is moving along as rapidly as can be ex- pected. Steadily growing business is reported by the automobil. factorles with continued improvement in the rub- ’bbr industry. Retail business in Chi- {cago is active, especially in articles i where the prices have been reduced ma- ! terial The crop outlook is promising, Chicago . with liguidation as to prices on farm products having been most thor- ough. Labor conditions in Chicago are improved, with many idle men moving off to the farms. Employment condis tions also continue to improve in De- troit, an increase of 6,440 being reported during the week by seventy-nine firms. These Properties Are Now VACANT Or Immediate Possession Can Be Given 1,000 a year ago. In other words the laborer in employment just now is willing to work hard to hold the job, for he knows there is some one the demand for artisans. * * *x % NEW YORK. April 23.—Contending that average garment prices never will go back to pre-war levels, a leading manufacturer here says that even in the rural districts women have been educated to buy the better grades of apparel. They have become willing to pay more for something better than they used to wear. The present average of values is higher because higher-priced mer- chandise i8 being sought. Jobbers re buying garments at prices they would not consider before the war, evep though goods at much lower prices are available. any particular change in the nature of the goods wafted for the current season ship- goods, with crepes also in the run- ning. The world’s raw_silk markets are still advancing. Stocks in the hands of local importers are lighter than they have been for some time. * ¥ * ¥ BOSTON. April 23.—In spite of the large number of unemployed, the textile industries continue to grow better. Retail trade is holding up well throughout the country, with buyers placing orders well into the future. Large orders are being placed by retailers for woolens and worsteds. Manufacturers, on the other hand, are buying raw materials cautiously and cvidently are not covering their re- quirements as much as they might. —_——— MONEY AND EXCHANGE. NEW YORK, April 23.—Prime mer- cantile paper, 7%a7%: exchange firm; sterling sixty-day biils and commer- cial sixty-day bills on banks, 3.883; commercial ‘six$y-day bills, 3.88%: demand, 3.93; cables, 3.93%; francs, demand, 7.30; cable 7.32; Belgian francs, demand, cables, 7.44; guilders, demand, cables, 34.52 lire, ~ demand, cables, 4.75 marks, demand, 1.49; cables, 1.50 Greece, demand, 6.55; Argentine, de- mand, 32.00; Brazilian, demand, 14.00; Montreal, 113 per cent discount. Gov- ernment bonds, irregulas railroad bonds, steady. Semi-Bungalow Northeast | Florida Avenue near 10th Specinl terms. Vacant. Price, $16,500 Chevy Chase Detached nine-room and three-bath home; hot-water heat, electric light; one square Terms. baths; SPECIAL—CLEVELAND PARK An exceptionally livable home in one of the exclusive sections of Cleveland Park; living room 13x26, with open fireplace; spa- cious, bright dining room, six large master bedrooms, two tile hot-water heat and electric lights; instantaneous hot- for charmeuse and other satin-fuced | 8| Jerome Verde 8 Mrland_ Rtefnery and by extremely bullish crop ad- vices from India. Compared with a week ago. wheat this morning keats, young, each, 60a75; chickens, Wis: ter. per Ib., 50a60. 2 Dressed poultry—Fresh-killed spring had an immediate bullish influence on the wheat market, an influence which subsequently was emphasized by gi sip that the bill would receive the ap- proval of the Senate. In a like man- ner eleventh hour stoppage of an ex- tension of labor difficulties in Great Britain was supplemented yesterday by signs that the English coal min- ers' strike might soon be brought to a finish. Prospects that the wheat crop of India would be 100,000,000 bushels less than last year's total and that no exports need be looked for this Season from India, Russia or the Bal- kans counted also in favor of the bulls, and 8o, too, did scattered re- ports of domestic crop deterioraion. On the other hand, breaking values at Live stock—Calves, choice, per 1b., 11; lambs, choice, per Ib., 14. een fruits—Apples, per bbl.. 3.00a per basket, 75a2.00; western, per box, 3.50a4.50. California lemons, per box, 3.50a4.50. California oranges, per Florida oranges, per Grapefruit, per crate, Vegetables—Potatoes, nearby, No. 1, per bbl, 1.50a1.75; northern, per sack, 5; new Florida potatoes, per bb) 5 potatoes, per bbl., 2, 2.00a3.00; yams, per Lettuce, North Caro- 1,00a2.00. Celery. pgr Florida celery, 3.08a .50 Romaine lettuce, 1.25a: - blings, 3.50a4.00. 0. per _crate, 1.00a1.50; times in depressing the market here to new low prices for the season. Independent strength in corn and 6.50. Onions, per Texas onions, 2.00: 2.00a5.00 per bbl. sack, 1.50a2.50. 5. Cranberrie: ew cabbage, per £00. — CURB STOCKS. Quotations furnisisd by W. B. Hibbs & Co. ~—Close.— Asked. CHICAGO CHICAGL ceipts, 500 heav: LIVE STOCK MARKET. April 23 —Cattle—Re- ‘compared with week ago, s and butcher she stock, stead to 50 highe bolognas up veal calves, 5 higher; spots up more, stockers and feeders, 25 to 50 lower, heavy feeders off most. Hogs—Receipts, 3,000 head; 5 higher than vesterday’ pigs, steady: bulk of sales, top, 8.60; heavy weight medlum ~ weights. . weights, 8.30a8.60; heavy pacKing sows, smooth. 6.85a7.65; rough, 6.50a 6.85; pigs, 7.50a8 Sheep—Receipt ceipts today mostly Compared ~with week ago. lambs mostly, 50 to 70 higher. Sheep and vearlings, 25 to 50 higher; feeder lambs, nominally 50 higher. Aetna Bxplosives . Allied 0il American_Candy ... Atlantic Petroleum Blg Heart Big_Ledee Boone Ofl . Boston and Montal Boston and Wyoming. Caledonia . et and Jerome la~ Copper Carbon_Steel Carib Syndicate Carib Trading . Car Light and Power. Cities Bervice (new) Citles Service (old) Cities Service pfd Colonial Tire . Columbian Emeraid Oolumbia Syndicate Consolidated Copper . Cresson Gold . Davis-Daly . Dominion 0il Darant Motors . Pk Basia Brtel 0il Kureka Farrell Federal 0il Gilliland Ol Glenrock Oil Goldwyn Pictus Guffey-Gillespie Granada Oil . Heola 15 to 000 head; re- packers direct. DAIRY MARKET. BALTIMORE.. April 23 (Special).— Chickens, young, large, 40a45: rough 30a35; old, 28a32: old winter, 212 1bs. and un- ; spring, 1 to 1% 1bs., 60a under 1 lb., 55a60. Ducks, 28a P Guinea 1290, (loss off), strictly fresh, near- southern, 25. Butter, creamery, fancy, Ib., 48a43; prints, 49a51: nearby creamery, 45a 46; ladles, : rolls, 18a23; store packed, 18; dairy prints, 20a24; proc- ess butter, 25a29 \EW YORK. April 23 —Butter—Un- receipts, 7,904 tubs. Cream- ery, higher than extras, 41%a4 creamery, extras (92 score), 41; creamery, firsts (88 to 91 score), 38a 40%; packing stock, current make, No. 2, 21. Eggs—Steady; - receipts, 25,016 cases. Fresh-gathered extra firsts, 2815a29%; firsts, 26a28; state, Penn- sylvania_and nearby western hennery whites, firsts to extras, 31a40; state, Pennsylvania and nearby western hennery browns, extras, 34a36; do., gathered browns and mixed colors, Hercules Paper Indian Packing . Intercontinental Rubber . International Petroleum (new’ | Kay County Gas | Lake Torpedo Lehigh Conl an i Lone Star G: Livingston | Magm et Copper . caibo Oil Mason Valley Merritt Oil - Midwest Oil com. Midwest Oil pfd Midwest Refining Nevada Ophir..... | New Corneila’ Nipissing . Mines' Co. North Amer. P. and Northwestern Oil Wayne Cosl . GREATER PART OF WEEK Armour Leather com. Armour Leather pfd. Armour pfd. Cuduhy Pecking . i Libby Nutional Leather . Bwift & Co. Union Carbide market was extremely irregular dur- ing the greater part of the week, mainly because of the heaviness of rails, steels and related issues and the comparative strength and activ- ity of oils, motors and their 3aub- ing commodity markets were oc- casionally unsettled. Bankers expmessed hope of early improvement in the Investment situ- ation, pointing to the success of the Goodyear Tire and Rubber reorgani- zation as proof that money from such sources is available for legitimate purposes. International remittances manifest- ed more stable tendencies, due in part frozen_credits. Coaditions have been made easier for them in part by the reduction in acreage and in part by the decrease in the cost of fertilizers, farm ma- chinery and labor. FINANCE AND TRADE NOTES. March showed an increase in both | berries, per quart, 15a40. 3.50a4. yams, 3.50a4.50; No. 2 and culls, 2.50a3.00; beans, green, pearl and wax, per hamper, 3.00a4.50; beet: basket. 2.50a4.00; pepers, per crate. 4.00a6.00; spring onions, per 100 bunches, 50a75; radishes, per bunch. 23za4; rhubarb, per bunch, 3ad. Tomatoes, per crate, 1.50a5.50; spin- ach, per bushel, 20a40; apples, per barrel, 3.0026.00; box, 1.30a3.50; ioose, per cwt, 1.00a grapsfruit, per box, 2.00a4.00. Oranges. per box, 3.00a4.50; straw- Closing Prices, Wheat—No. 2 red winter, 157%; red winter, spot, April, 148%; May, 148%. i & Corn—Cob, new. vellow, 3.65a per barrel in cargoes; contract spot, 74%; April, 747 spot garlicky; of No, mixed, spot, Loci 7612 Dpei bushel. western, spot, 1.48% per bushel; No. 3, 1.45% per bushel. mothy, nominal; stand- 3.00a423.50; No. tim; 22.00a22.50; No. 3 timothy, 14. o. 1 light clover, mixed, 2 o, ha 004 2 light clover, mixed, 16.00a 1 clover mixed, 15.00a 19.00; No. 2 clover, mixed, 14.00a17.00; No. 3, 11.00a13.00; No. 1 clover, 15.00a 16.00; No. 2 clover, 12.00a13.00; No. 3, 10.00a11.50; sample hay, 11.00a14.00. Stra 0. 1, nominal; No. 2 straight rye. nominal; No. 1 tangled rye, 17.00; No. 2 tangled rye, 16.00; No. 1 wheat, 00a13.50; No. nominal, 16.0017.00. CHICAGO, April 2 grain markets, starting dull practically unchanged, turned heavy toward the end of the first hour, and wheat, corn and oats futures all sagged, May wheat leading the movement and dragging the other op- tions with it. May wheat opened steady at 1.31 to 1.30%, moved up momentarily on buying by northwestern connections, but receded quickly when eastern houses started selling July. At the end of the first hour May was 1.29% and July was 1.07. as compared with its easy opening at 1.07% to 1.07%. Corn'and oats reflected wheat con- ditions generally. May corn started Y2 lower at 601z, moved up 3% cent, then settled to 60%. July opened at 63% to 63%, and was virtually the same figure an hour later. In oats the July option started unchanged at 39%, and was senerally steady until near the end of the first hour, when it lost i cent. Provisions were firmer with hogs. There was some buying by packers and brokers. but offerings were gen- erally light. July lard early sold at 10.30, as compared with 10.22 at yes- terday’s clos: Fairly persistent wheat buying by commission houses and a generally steady cash market served to firm up the market later. remained light. The close was fairly steady with May at 1.31 to 1.30% and 18.00a18. oat, more stability has developed in some ! 2 West End Cons. markets, with a definite gain in busi- | lish Manchester advices, further rains P"cs,zl‘?,sll) i Vaeant. w{_‘l,‘.l.h‘m 3 NEW YORK, April 23—The stock | ness. Completion of the readjustment | in the south and a firm stock mar-, acant. - Go— is vet to be attained in many in- stances and improvement is not gen- eral, but basic conditions are gradu- ally strensthening. A tendency to- ward easing of the monetary strin- li;ncy' partly reflected in some lower- ng of discount rates, is a favorable north and west, evinced ‘more life, and, coupled with better reports from some ries, particularly automo- biles, hides, leather and shoes, seemed to offer something like a balance to the early quieter tone of final distri- bution. Mail order trade seems to be better than in recent months.” —— NEW YORK BANK STATEMENT. Country offerings j The of a action £ the result trans- institution mere nk of Com- executive committee, r of both banks, 1, will be retained By the terms of the merger the present 000 shares of the Mer- chants' National Bank, par value $10 a share, will be increased to 400000 shares of the same par value to take over the $0.000 shares, par value §15 s<hare, of the National Bank of Com- " merce, on the b of 17 shares of Merchant: Natio) stock for one share of onal Bank of Commerce stock. Directors of both institutions hake given approval of the merger and the shareholders will vote in thirty days on_the proposition. Thomas Hildt is a Baltimore boy. on chairman of th The official ros other than as not D ankers’ Asso- 500 acceptances association mext - president of th. rict on. announces that « dinner of the t o g S < £F ik mefts. With an eye to the continued | oats was prometed by bi crate, 2.00a2.50. Eggplant, per crate,| O3S—Ne. 2 white, 4512249, No. 3| Tycsday cvening have heen received Association whose interests are yours? “ 4 $1000 ation next month. Traveling salesmen |advance in raw silk, some of the|of corn. VARICIDOTE Balea oAl 2 00 ouih Camlnn Ssparagus, | White. 4615a4 This is wery close to the capacity You can start all this for a $10.00 bill and $10.00 per report the fall demand for cotton|more forward-looking buyers are| Provisions reflected the advance in|per doz, 250a4005 nearty, per doz.| RYe—Bag lots of nearby rye, as limit of the big ballroom of the New month. You will soon own 5000 square feet of ground; later 0o0ds to be satisfactory, paralleling|preparing for the fall. Prospects for grain. 1.50a2. “ucumbers. per crate, 3.50a | Quality, 1.30a1.40 per bushel; No Willard and the list will probably be the ordinary rent money, plus the $10.00 monthly will make eports from several hundred travel-|that season-point to a good demand 5 closed to A Citizens* Bank Business Hours. Dircetors of the Citizens' Bank have decided t after May 1 the ank will open R:30 m. and clo at 4 pm. with noon clesing on Saturday and 5:30 closing on pay days and (he day aft This will shorten the averame ddv. as the bank now keeps open until 5:30 daily. the new hours being in line with those of other savings institu- tions. * t b Local Securities Slow. A few odd-lot transactio special importance, with an of fifty-four shares completed today transaction on the Jlocal stock ex- chang, Railway preferred made a new high on this movement Traction was a shade firmer i ashington Gas sold at_421%. Merzenthaler at 120 and Union Trust shares at 120. Bonds were not traded in, but the quotations show fairly good strengyh maintained Wall Street Notes. White Motor Company is turning out 100 trucks a week Corn Vroducts Company. in 1921, earned the preferred dividend, plus $1.70 a share on the common stock. The surplus for the year was $101.- 099, as compared with §2, 6 for 1919. Southerr bankers hold that " the world’s buying powers ave mot saffi- cient to absurb large cotton produc- tion and ask curtailment to about &5 per cent. Spindies the Aworid awer have been worked short tisRe end with but part of the great nwgsber employed # Senator Kmox intends to offer ‘an amendment to the emerzency tarift measure for a dyestuffs cmbargo. Utah Copper earned $3.03 4 sharg - 1920. . Rebirth of normal busiras awalls a new attitude of man toward-his jab.” said James Alexander, presitlent the National Bank of Commerc: speaking before the Natiomal Agso- ciation of Cotton Manufaciugers. “Never before,” he added, “in the his- ~ none of litical and labor news, continued bul- Ket. The demand was supplied most- ly from r(;lr{\ traders and represent- fit takine. Edi"\‘xrtnur..s opened steady: May, 11.88: 0; October, 12.15; December, none. ORLE April W 23 —The - K Credit Situation Improves. 3 T chickens, per 1b., 90; hens, per per bunch, 6a8; asparagus, per dozen. viee presi o : g -lelse to take his place if he falters |Showed gains varving from 1% t0]36; roosters, per lb., 25; turkeys, per |2.00a4.00. ankers' Trust Company e et ton, 4 |In_ wartime the ‘situation was re-|8% & bushel; corn was up 3% to|ib, 30a38; chickens, winter. per 1b.| Cabbage, per crate. 1.50a2.00; cu- T i Sana largely to the reserve bank's cut|Yersed. The laborer could limit his|i%a5: oats, 1% to 2%, and provisions, {65a75. cumbers, per box, 2.50a4.00; eggplant ident of the Mer- Of the Better Class 4 - ‘redis- |12ily output to suit himself and the|2% to 70. s Pork—Dressed, small, per lb., 15;|D€r crate, 4.00a6.00; kale, per bushel. | chants® National, as chairman of 1 from 7 to 6 per cent in the 5 Passage of th 5 3 . D 55260; 1. o count rate. The woolen mills of New | Mployers were helpless because of assage e emergency tariff bill | medjum, 13a14; heavy, 10a13; live | 20a60; lettuce, per basket, 1.00a2.50;! hoard, and FEugene Lewering, presi- England are active. the leather men |the tremendous labor shortage and|through the House of Representatives | hogs, 93;. P Do Syis 1.20a150; peas, perlgent of the Bank of Commerce. as v Anione : : . per crate, Fiorida, the sunny side of forty, and was for- | ambitious people who are now living in the kind of homes in broad silks. L YORK“ A* ; "3 the recan | inmIpEE: Jogether with " continued | Spinach, per bbl. '1.00a2.00." Kale. Tia frackScorn. By allo merly with the National Bank of v ray: for? E E & NEW , April 23.—The retail |arrival of Canadian wheat at Minne-|2.25 T bbl. Peppers, Sales—Car lot 5 5 Commerce you have always longer for? Salesmen's Reports Satisfactory. 2 ! T Sal ar lots) of No, 2 mized. spot. ree. s Would vou like to be near churches, schools, have good Philadelphia, looking conservatively | ¢mand for eilks continues to grow |apolis and Duluth. were factors at [5.00a630. Tomatoes, per ' box, Canton, at 77 per bushei; 3,070 busheis |, 1h5, latest report from R N Harper, 1 . 4 2 yspects of setthng St., containing six rooms and off of Connecticut Avenue, and Fobl . sidiarjes augury. and ~freer ‘marketings of | more favorable prospects of s | ?,'in‘:onnum:‘vl‘y papered and {;«;m (ih-;ydl:h-u Club; con- walir In the later dealings, however, the ‘g:ainn re ‘mfilenti:or (. lunr: ngd of | the Br{:ish ;-y-onmll;:"w:g;h = < 2 e | painted throughout; -can be ns six bedrooms; oak floors; SRR TR market evidenced a decidedly strong|the financial tension in county dis- |acted stronsly on_ - Entire capital stock of “Northumberland Apartments, | Baukht on $750.00 cash, garag MARYLAND BANKS FIRM. [tone. the entire list moving forward | tricts. Recent sudden changes in | ket today, and in the firat baif hour Inc.” is divided in blocks representing prices of each apart- | o Pri s ® Jto the accompaniment of very ex-|temperature have been detrimental|of business prices mav-ne-fl‘1 b ::v S ol e | RS A e Gome Through Heaviest of Crop |Lrine wisthri, 5 Shich siort eov-| ks to,omy, sransement amd s | sotns, May o o 2, ihe oot ! Vacant. ‘acant. est "0] ering was an important factor. ., | rain o Poat 5 . | oney market also was an un-| yet weather influences are secondary | was also a buying feature. e Ownership of stock represents ownership of apartment. L = Planting in Good Shape. cp?l’::nmqua}l!il% call loans holding | to some other factors in the present| Futures opencd steady: May, 1160; P i for the most part at 6% per cent | Situation, questions of prices and |July, 3; October, 12.74; December, Each stockholder pays share of general expenses rep- Mt. Pl | pasnLTIMORE, April 23—Country | 100 Lorary relaxation to 6 per ocent|wWages being uppermost. 13.13; January, 13.3L - resented by his propertion of stock—as liberally assessed for 14th Street Highlands e leasant 0 Dhreh the Vhryiine, ave 1°0me|resulted in such a large demand for pCool. even cold weather” says . first year this is $3.55 monthly for cach $1000 of stock. Most attractive new elght- | | Street: atiractive semi-ger | [§| Srop-planting demands for accommeo: |unds (hat, the rate seon went back | Brfeciectt "Bk AT B°9MEAS | DIVIDENDS DECLARED. P ] four bedrooms) and ached nine-r 5 j| dation well, according to George W. i 1 i and bad roads, tended to re- of -Pay- Former owners of building retain ownership of stock o e wate heas bath house with” stemm bost, jjEneestatei bank commiseioner, Triisll 000 LaRGTRENCXSL SooRoml S 10 ai tar operationatinsuret pome s unsold—receive rents and pay assessments for expenses on electric light, front and double electric light, open fireplaces, reports and personal information |flucns s Dok mainy | towhes L] crops, dull retail trade and slow Apr 30 May 14 . | 2 p es: lot 20x138. e i from country bankers indicate that, |terment, SHEprice cnlsitn mte Ilections. but better weather 30 May 15 apartments unsold. rear porches; six large bedrooms. Occupied . e that, | nd iron seemed to stimulate little | down col B i Splendid location overlooking | | by owner who guarantees 30 | contrary to “conditions prevailing infand it later resulted in expansion in this Mag 1o JEDYi 1 . tivity. Domestic trade conditions : May 16 : : ale duy possession or soone most _agricultural states, Maryland : line. On the other hand, jobbing | Tolmcco 8 Purchasers commence from date their purchase is made— 2 3 | = = country banks are well supplied with {indicated an expansion of recent de-| An%: N 0% PO qct RS 0 LN drexas e .ot a. Am'il there is no deficit—merely the substitution of one stock- Price, $11,000 | Price, $14,500 ! funds ‘and are not overloaded with|mand for seasonal staples, but lead-| {17 1% coondary markets of the | Trent. P., new cum. pf, G, $1 Apr pr. —_— FOREIGN EXCHANGE. Quotations furrished by W. B. Hibbs & Co. B Waraw . Copenhagen - Christiania Stockholm . Amsterdam’ water heater; garage in rear; corner lot 70x140, well planted with flowers, shrubs and trees. It embodies the best ideas of design and construction and -houlkwm-‘l to those desiring a delightful convenience of a downtown home. RUST gross and net income in the Virginia Railgay and Power Compan: last statefnent. The increase in gross was about $851,000 and in net about $68,- 000 over the same months last year. For three months of this year the company shows net earnings of $234,- 000, which is a decrease of $20,000 from the same period of last year. Joseph H. Young, president of the Norfolk and Southern, was elected president of the reorganized Denver and Rio Grande Western. He is a to belief that the British labor crisis Belzrade is working toward an early settle- ment. test developments in the German®reparations situation also ef- fected partial restoration of quota- tions. NEW YORK, April 23.—The actual condition of clearing house banks and trust companies for the week shows that they hold $9.,590,320 reserve in excess of legal requirements. This is a decrease of $6,847,860 from last week. Mr. Seay, on premises from 4 to 6 daily; Sunday, 10 to 6, or suburban home that has t Immediate occupancy. COFFEE MARKET STEADY. NEW_YORK, April 23.—Coff No. 7, 6.00; futures steady; May, ™y September, 6.46. MAJ. McCUE DISCHARGED, Earl N. . McCue, Dental Corps, - n honé . —_— BAR SILVER QUOTATIONS. NEW YORK, April 23.—Bar silver, domestic, 993 ; foreign, 60. Mexican dollars, 46%. —_— LIBERTY BOND CLOSING PRICES. NEW YORK. April 23 —Liberty bonds closed: 31s, §9.20; first 4s, §7.30 H. L. Sunday or Evening Calls, 1410 G Street N.W. Main 8415 912 15th St. resident of Norfolk, Va., and_ was connected with the old D. and R. G. under the Gould administra- ; i LONDON, April 23.—Bar silver, 35 nce per ounce. )fone{. 5 per cent. iscount rates—Short bills, 5% per oills, 5 bid; second 4e. 87.40; first 4%ix, & second 448 §7.42; taird 4s. 9 fourth 4%s, 37.50; victory 3% discharged from - States, 10 odd General ;. J has the uervice of the ! take offact at Wali