Evening Star Newspaper, April 29, 1921, Page 31

THE EVENING STAR, WASHINGTON, D. C. FRIDAY, APRIL 29. 1%21. FINANCIAL. e 31 LIBERTY BONDS BOUGHT AND SOLD FOR CASH We Make Liberal Loana on Them FINANCIAL W SR[AUY F[]R NEW YORK' STOCK EXCHANGE. EARI_Y ADVAN[:E IS TODAY’S BOND PRICES. Received by Private Wire Direct to The Star Office. Noon prices reported to The Star over direct Seaboard Air Line refdg. 4s. soeeee 77 Co. Seaboard Air Line adj."Ss. New York-Washington wire by Redmond & Co. | Seaboard Air Line adj, 8- Soat o4 City of Paris 6s 1921 Pacific conv. 4 920 F St. N.W. 98 | Sou . Open. High. Low. Close. Open. High. Low. Close, French Goverument Sa. Railwey, geo 4 } L 0w 5 @%|Replron & Bteel.. % 634 A Ramioye s 10 18 [RovaiDateh. cove (9L 000 Air Reductlon. ...\ 6% 36% | 5t Joseph Lead.... 1% 1% | U | $5 8T% |StL&San Fran... s i A & @4 W% |StL&BanFrpf... 31 31 4 Chem 7% #7% |StLoulsBouthwn. 28% sa% G Harriman & Co. Government of Switzeriand 8s X | = 7 N MEMBERS: Kingdom of Belgium Tlgs. 97% | Union Pacific conv. 4s..... New York Stock Exchange U. K. of 6. B. and Ireland 5tps 192 oy of G. B. and Ireland 514n 1922.... 99X | I'nited States Rubber 7ia Alta Chalmers...... L 8 5 2 2 of G. B. and Ireland Hiys 1929.... 89l |United States Stecl 8. ¥ 38 . Spect Over $8,000000 Pay: kst Iy B7 B B al o Exhaustion of Mexican Oi|f.} 14 1 I it i 28 LIS Tms o e Stocks Going ® R . ;i Am Reet Sugar.... 88 #8% 7 4 = 10 16 . ATIONER o st v Sy ead SHORT-TERM SECURITIES. ments in May—Treasury e Fields Causes Sharp Re- |ytise. govews faia sdnia ¥ e (Bicerosd vy Bediind 4168 $ —on o Southern Pacific.. T% 1% tion in Market [ e — o Jiy, suEcomy thie standpeint " Takes $24,500,000. Southern Rallway. 1% 2% action in Market. D sy | Ameriean : ! of Investment, we dis- Stand Oflof NJ... 161% 1614 StandOINJpf... 108 108 Steel & Tubepf... 8% Ta% Stewart-Warner.. 19 NEW YORK. April 29.—Today's | Betblehem Steel refd. 5s.. : can Thread. o * 108 “l"',‘: ‘5'“%.'::'""";"':; stock market was strong. in fact|lel e e ssEbms ity 1 reference to Oils and buoyant, until a press report from Motors; among others Washington Office COLORADO BUILDING GBY L A. FLEMING. ,Washington bankers are preparing frsTthe heavy drafts that will be 3 % 9 " -a Washington came out with a sensa- 4 | ®ad8 dgainst deposits with the ad- | AMH!Me&Lea.... 8 108 L (7] studebak ston e hesape s 193 : Telephone Matn 1003 IRy s Am Hide & Leapt. 4% 9% (5% or. nY y il af- | Chi., Burliogte d Quiney jio ds....... 9 a9 VAL @f May. when the annual tax | am oe D) B 5% 1% | Superior Oll. s tiona) statement on Mexican oil af-}Chi., Burlingtan and Quiney Ji. 42 3 » GENERAL ASPHALT iMyszent perfod will be at hand. 6 €4 € |Superlor Steel « falirs. © Mil. and St. Paul_cons. 4izs... ... SINCLAIR 7 o i f i N 7 - 1 @ 8% 47 [Tenn Copper . 104 10% Certain federal agents were quoted | (hicago Northwestern 7 5 10 Central “Argentine 8s 1927 Texas Company. . a1 &4 reporting that “the present Pro- | oca boe somme ok o(0F: 42 (02 | Culoamo, B L & pacife g i STUDEBAKER o Texas& Pactflc... 214 216 20% 2% qucing oil fields of Mexico will s00n i 3 M " et 29 0 8% BW| . atter of histor: - 7 % ::“ :“ :;' :u\ the United States would 1t'1e estimated that something over $.000,d00 will be needed to square the tax accounts this year, with not | AM Linseed Am Locomotive one dollar of the amount deposited in the banks until needed, as is the | A Safety Razor practice in forty-eight states in the | Am 8hip & Com and that | Erle general lien 4s ave o look | Grmerai-ieetrt 1211 © i Gur o errtion 4 1653 e .DILLON & CO. Tllinois Gentral 54 - S UH. J. Heinz Co. T 1930 ow 9% "4 94| Tobacco Prod. R e I LI N 'y 426 | TransContl Ofl... 11% 11% 11% 11% |elsewhere for its future oil supply. | International Mercantile Marine 6%.... . ; STOCKS—BONDS ian. Am Smelting. ow % 2 % T y 5 3 = 17T II AL I P21 Foriierly It was the habit of the | At Smelting pE- Transued& Wilms. @ @4 (1 @%|These assertions went further, con- e ite o 1590, .0 . . H 32 Broadwa; New York s Treasury to piace four millions with | Am Steel Fdy. Untonol e WK 04 Ti [sideradly than those attributed to the | Sin."Kany and Fenna. Co. 4l4s. June 15, B— = the banks here, yabl stali- ix = . S o ot G rocter zqvernment were xuch that no rede- | Am Te) & Teles. ThionFacifopt. .. sk et 68 & | "o 0Ty (hore sel in a rush to I o1k | Sears, Reebuck & Goo VTR ede DOSit was made. Secratary Malon has | Am Tobaces, Cnited ooy Steel. 81% 8la 81 81 lscil Mesican I'etroleum, under which s 5 o Bears. Roebuck & Co Income Tares and District followed the ruling of his prede- | o popgeeo (RY.. N9% 107 4 TUE...... 98% O 9% 9% lthe stock broke with great violence. 5 Sears. Rosbuck & Co {3 | h cessor. although treating the nation- | A7 TODAced TH, To " Tgg” a9 9 [United Drugist... 45 4% 4% 4% |This decline checked the upward | Nerther e ssoieie Sinelele Con. Ol Jeaas):..: Over a of Columbia Intangible Per- 4l banks in 4 very generous manner el e #1 78 78%[I'nifed Frue 111% 110% 110% {movement in other directions and }.:'r:g;;m 968, ... S R in permitting them to retain pro-|Am oa a 0% United Ry Inv..... 10 10 9% 9% [brought about some reaction. Still | pennsyivania Quarter sonal Tox. ceeas of Ireasury certificates sales| Anaconda.. % P4 nited Ry Invpf.. 22 32 32 2 |it was so clearly a ¢ of ‘special | Pennsyivania gen. mortgage 4139 i much longer than did his predecessor. g1 81% B81% [ United Retall Strs. £4% 54% b53% b63% |condition that it did not impair the | Keadiug general 4s. S of a KFor this reason some banks did | Atchison... 7% | U S Cast g 1. Lomis and San Francisco 45, serioa A. . 3 c b s% 75 | U S Tronpf... ¢ 49% 49 49%|strong tone throughout the market |St. : h 1Ot participate freely in the big | stcht n 1% TEALL S cas LS 1 Yomtis 'and San Francikeo fx 1920, RS ° e 100 Northern Dacific and Great Northern :;f:',‘,:f:&'”;n, | T 7 1% KT 1S Food Prod. 20 0k 2% 2% |&enerally P St Louis and nciseo inc. 6 49 tinghouse To 1931, 99 09N : Century l 0 ea e { €% per cant catsn ) T'STndus Alcohol. 70 71 69% T Good Advance Checked. - e - 5 y | iy Calln for $24.500.000. :':‘"‘:;"C“::“ US Realty. . .61 Bi% B0 B0 During the first two hours before . ® Without . | M tlantic < 'S Rubber. .. T8 6% o can oil ¢ e mar an \'A t | T dz]’ ”'r" ;:»‘“)‘; banks holding | Atlantic Petrolem l‘SR:bb::lnt ot 13:: 1\'):-‘- u')i: lc-l"'.- g’arlé‘ nm‘:v‘:.gn'lp~.':-m:(:‘:;'x ;’r\ou::.'{"k';('. l’aln, l'O uce l e OC a Loss as ln on | roceeds the ch 15 cert at a . 18 = P case of i - | Ll B R s AL i’p':"‘g:_j ::lv:'!":':&;ko“ USSmelt & Ref... 3s% 3% @3 :: Some extent Iq"’lh‘:‘i,;‘:*pg‘,“'l"l"l" LOCAL WHOLESALE MARKET. | CHICAGO LIVE STOCK MARKET. | banks, « 1 of the Scerctary of the | gaito & Ohto. b6 iho it e ana. ! Eggs—Strictly fresh, per daz. 23 CHICAGO, April 29 (United Stat i R 10 s seat o7 the balatic - 110% | be more in the nature of a final round- | ki Stri . | 30, April 2 nited States o 2 | arSasuey. 13, per cent of he bulance | maito & OMlo 3¢ o [ or ' Shor” rent a4 | southern, 5. 1, 21;] DUrean of markota) Catile — Re- SERVICE Masicipal Light and Power about $24.500.000 Parnesdall (B) 11 |fresh campaign on the buying side.| Live poultry—Roosters. per 0. 2Lit oinie "5 000 head; beef steers, active: e ] & Reth Steel (B). buying |turkeys, per 1b. 35a40; chickens, Plant and System 6% aox | SULL ithere was a 1ot jof ‘ne hens, per Ib.. 30: | Strong to 15 higher; top, 8.75 paid for In the handling of invest- After this payment there will still in addition to this short covering, and | Spring, per lb., 60a65: remain on deposit to the credit of [ Rklvn Rapid Tr 2 y p s k Term it reflected again the growing feel- | Keats, young. each, 60a75; chickens, 1487-pound steers and good yea ments it is s \hat issue of certificates about $130.. | Branswiek Term. 7 ling of confidence throughout tho | ter. pag Ib.. 50a80. liings:bulk " beel steers. 7.50a5.40: etz it dsnot only necessary the April 15 certificates are sull on | Rutte Copper ; 2% |country |, that the general business| Dressed poultry—Fresh-killed spring | bulcher she stock, bulls, stockers and [ | to offer absolutely safe in- oo P Gl o ot ey Eal Lk "chber & Heithron 114 124 | movement. while v irregular, | ch per Ib., 90; hens, per Ib,|feeders steady: bulk fat cows and vestments yielding an ade- st p ppsh it et e & Wells-Fargo Exp. 6ol 65% | was pointed definitely upward. rs. per I, 25 turkeys, ef | heifers. 5.50a7.00; bulls, largely 525 Maturities uipining Agninst Stecimen. RGAOORL. - c.o000 Western Pacifl 2% | Along with the improved sentiment 50a58; chickens, winter, per 1b.!a6.25; calves. 25 cents higher; bulk quate return, but also to ren- Confidentiai reports from New York | “alifornia Petrol Westhousa E & 1% | teward the business outlook the mar- 5 vealers, 8.50a29.25. bulk good and def cli fhci - stock market_operators predict that | Canadian Pacifie Rt 41 | ket was also responding to the contin- | pork—Dressed. small. per Ib. 15;|Ghoice heavy calves. 7.30a8.00. EF CHEDLS S CNciEE mveR Mareh 1, 1928 thel Federal Trade Commission will { Central Leather. White Oll. . 18% 16% 16% 16% |ued recovery in the banking position |medium, 13a14; heavy, 10a13; live, 8%. Hogs—Receipts, 21.000 head:; open- ment service. = g fle formal complaint orrow | Central Leath pf. against the United States Steel Cor- | Gapro de Paseo. poration. and the independent steel { apoiiyio Motor.. . 2 and to the virtual certainty that this = o A ing strong to 15 cents higher, later mpany.. €% T4 4% 4% 1%l be followed very soon by a reduc- |, Live stock—Calves. choice. per Ibu| steady to 10 cents higher: lights and Wilson Co it tion in federal discount rate. 11; lambs, choice, per ib., 14. light " butcher v8-Ove Willve-Ovid pt. Mareh 1, 1931 Clients investing” in . our active; makers as well. over pri 37% 8 B W ecn fruits—Apples. per bbl.. 3.00a Very. Hew: ver b = 2 i 3 & 1t is said that the rep il be S;";nf‘i“;‘:; WoolWorth......s 116 116 116 116 _ Finances Are Satisfactory. .00; per basket, 75a2.00; western, per .60 pigs. 15 to 25 cents First Mortgages are relieved March 1, 1935 - tomorrow & StPoE Worthington Pmp. 49 5% 48% b2 No attention was paid to the 7 per|box, 3.50a4.50. California lemons. per bulk desirable 100 to 120 of all worry and management will be “bearish” on Chi Mil & S . cent call money renewal quoted today. | box, 3 California oranges, Per | pound pigs. 7.60a8.00. | 3 N | commission is able to Chi & Northwn High. Low. Last. |55 this was, of course, due to the tem- | crate, Florida oranges, Per| Sheep—Receipts. 5,000 head: lambx because we attend to all de- | | 1 [} viewpoint.” ChiRT& Pl‘t:;fl % Crude Ol Production R ot Production of crude oil in the Unit- | apt ppeu Tool. .. ed States reached a new record in |y et e March. when 40,802,000 barrels were | {0 " T e r produced. California led with 10.- s ot 000.000 barrels: Texas, 9,672,000, and |CCC & StLpf. Oklahoma, 9.202,000. Caca-Cola The stock on hand at the end of | Colo Fuel. March was 142,084,000 barrels. in ad- | Col Gas. dition to 11,000,000 barrels of Mexican | Co} Graphophone. crude in refineries in the United States. | ~g1 Graph pe. States. Comp Tabulator. Karnings Pennsylvania railroad earnings for s’“’fizf";‘;:o" March: Operating income, $2.302,496, ; COnS eNY an, increase of 34.753,650. ~For the | “0n® Gas ot X - firkt three months of the calendar | _ns Intl CalMin Call Money..... 7 i 1 porary withdrawal of funds for use in |crate. Grapefruit, per Crate.lslndy to the May 1 settlement. ~‘The important |5.00a6.00. lamb _ top. thing is that the federal reserve ratio g by. No. 1, |bulk, "10.25a11.00 .23 12m. has risen again within the last week | oy Thir 1 Sonlans nosthern: Bor sack, | Shippers. 10.25 to packers: bulk, 759200 2p.m. from 54.1 to 55 per cent, and that this |2 goq: new Florida potatoes, per bbl, |29.75; good 101-pound vearlings, 7. —_—— : lhas beendncymp]rmul by deflation in No. | sheep nominally stead loans and circulating notes—that s, DIVIDENDS DECLARED. the instruments of credit—quite much as by the extraordinary acces- sion of imported gold. doz., 1.00a1.50; Florida i Industrial Alcohol. ° 1.50] Romaine lettuce. 1. Price: 100 and interest, yielding 6% Crane, Parris & Co. i Investment Securities | 823 Fifteenth Street Established 1883, cents higher; wooled | |.tails free of e s best not sold early: xpense, HOURLY SALES OF STOCKS. shorn top. 10.40 1o - 00; sweet potatoes, per bbl., a6, No. 2, 2.00a3.00; yams, per B F S C 5025.00. Lett\;c orth Caro- TR, 5 O Al n O.' " Celery. per BAR SILVER QUOTATIONS. Jery, 2.00a | pNEW YORK, April 29.—Bar silver: Mortgage Loans Juiy 1 Domestic, 991, foreign, 60% ; Mexican A 5a2.50. Cym- | gollars, 46 i ® June13| Buying of Indu 0 934 N. Y. Ave. N.W. ! carried the stock across 70, was based | Spinach, per bbl.. 1.00a2.00. Kale. 75a | pence per ounce. Money, ¢ per cent. ’ trial Alcohol, which |blings, per crate, Flofida, 3.50a4.90.| “LONDON, “April 20.—Bar silver. 248 ..-.--|on the expectation that the directors |2.50 per bbl. Peppers, per basket.! Discount rates: Short bills. 51 per when they meet next month will de- |5.00a7.50. Tomatoes, per box, 4.00a6.00; s 81| clare the regular dividend at the 8 per | Texas onions, 2.00a2.25. Cranberries, June '1]cent rate. People closely in touch with {2.0625.00 per bbl. New cabbage, Der June 3 |the company't affairs when weked |crate, 2.00a3.00. Eggplant, per crate. | $5000 Life Policy, $57.35 nt; thre. onth 3, per cen year. operating deficit amounts to 31.- [ Tons Textile s Pitts, o Seta s June 1{about the dividend P 5.0026.00. South Carolina asparagus, N ~ 0. AN . .. policy aave be * ge 40. Send date f birth for illustratic 52,321, a decrease of $14.397.719. Cont Can. . { Pressed Stosl Car. a. &2.... May 18 Jube 8|rather cautious in their replies. They |Per 40z, 2.50a4.00; nearby, per G0Z.|ang particmiars at your age. = oo § Tilinois Central for March, gross| -nt(undv. Presed Si Car pf,q, $1.75.May 11 June 1|have taken the atiitude that the meet. | L.25a: ‘Cucumbers, per crate, 3.502 | M. LE ROY GOFF, Insurance Adviser N . mficr:fl:&d e t:?;ance\_"ar’:;r Cont InSIl.ral:l.:G . $2. .. May 2! ing was too f.,;] off for a positive pre- | #-00- Boom 610 Woodv-ard Building. M. 340. \ tart a Sa t s 2 =434 e -1 “orm Prodne . B as t t w = ¢ ittorx Tneome. intreased 385340, | or ra'te eychan st vt e done Butl anarv avo movisiows. | L JBERTY BOND; vings Accoun Washingt: Chaj Aecttvities. “rucible Steel “s0 far” the dividend was safe. BALTIMORE. April 29 (Special).— - 'pter s : . 5 —_——— The annual report showed Industrial | Potatoes—White, Xo. 1, per 100 ibs, | BOUGHT AND SOLD FOR CASH . At a largely attended meeting of | : A 19 18% 8% Alcohol in very strong financial posi- | 9021.00; Cobblers, 90a1.00; McCor- |ff o ls Washington Chapler, Americgn Bankers | % Tine S17r . B % B om - “The ‘only “estion wes a0 | micke, 3a30: No. 2. soazo: rlorida. | Liberty Bon ei ay va Association, 1ast e i J 2 2 5 : ) 2 v i 8% 2% 2875 present business conditions. But since [ NeW, per s 12.00a7.00. s lor, cashier of the American National | Davidson Chem 5 254 then th bbl., 4002450, Yams, 4.00a4.50: No. 604 14th St. N.W. Bank, was placed in nomination for | ¢l Lack & Wstn.. 215 125% 21! A en the president of the company has ¢ 55023.00. Heans, green, I e E RIOGDL... % % 1 1% stated that while not up to last year, |2 and cull ident. As there is no opposition, & Rio G ot usiness since the first of January hag | pearl and ame D 1% om0 1% 50 b S H.‘.'i B A ey 2 vn:;é.i;f‘;:hnm- :m W% 6% (4% been satisfactory, and it is this state. | DUnch, 6a8. Asparagus, per do: . Pollock, W. A. Dexter and e wu 2% 13 ment that is relied upon in figuring [ 2300 . Ler crate. : lorman K. Towson are candidates for 9% 194 19 1% S Sy genc. cumbers, per box, 2.5 —and keep adding to it every pay day, regularly. You will be agreeably surprised at how rapidly it will accumulate. ¥ N the vice presidency. representing the 13% u: ;s)!‘fib :;z e l":'":‘;:'l"“"-'flh-om plant, per crate, 4.00a6.00. Kale. per lz E Ns § bt o i ks pos 7 o ot of Endicott Johnson s bu., 35a%. Letiuce, per basket. 1. l D N pany, the gs National and the [ 2moud 2Ot t9 &9 | NEW YORK, April 29.—As expected. | nag had to.be absorbed around. 63 ace | as.50. Onions. per 100 1bs. 1.00a1.50. ’ N\ Waa n and Trust Com- | 4mouspiayers 6 17| the subscription books for the new |63, represénting the cleaning up. of | Peas. per basket, 2.30a Peppers, sAVINGS BANK on Savi \ pany. A hot fight is expected. T. Freaport Texas *4% 14'% | Northern Pacific-Great Northern loan, | CéTtain accounts which were carried | per crate, 4.00a6.00. Spring onions, | i 3 avings N Hunton Leith and C. B. Ney are the | Freeport Te: % 92% ! eeured by Burlington stock as ol | OVET;from last autumns smash. [per 100 bunches. 40a60. Radishes, 0 Accounts N candidates for secretary, J. F. Cox [ ‘-n Asphalt... e y g ocl Whether or not this liquidation has | per bunch, 3a4. Rhubarb, per bunch, N sad J. P. Mallery will ‘contost for e 1ew |lateral, were closed soon after 10|been completed it was regarded as | dad. N treasurership ('wiil be elected chief counsel, having ; should have broken through th ach, per bu., 15a35. Apples, per bbl. o _opposition. = «% 8% ing made at the same time that the | eve) today and taken its mfue lr:nrf; x.oois%o; per box. 1.50a3.50; loose, per Twenty nominations have been | :ooarich p 79 | bonds had been oversubsoribed. the market features. The buying |100 Ibs.. 1.00a2.00. made, from which five governors Will |~..¢ Northern pf. % T% 0% W% The success of this operation had a | Which has been 'going on for the last | Grapefruit. _per box, = 2.00a5.00. hoAn amendment to the constitution | /T3t Ner Ore.. v % | stimulating effect upon the bond mar- :?w weeks jg based upon three con- | Oranges, per- box, 3.00a5.00. Straw 5 "o | o'clock this morning, announcement be- | i8nificant that Endicott Johnson | Tomatoes, per crate. 1.50a5.25. § m.i McLachlen Banking Corporation Gulf States Steel. erations. berries, per qt., 15a30. t e e (o presiient of aa 3. | Haskell & Barker. 61 11 6 8 |kt generally, bringing about a gener- | First, there is the improvement in| SELLING PRIC | 1336 N. Y. Ave. 10th & G Sts. N.W. - Southwest Branch: 1350 B St. S.W. Daory council of ten to be chosen | Houston Oil @% 80 83%ally higher level of prices, and at the |the boot and shoe industry itself,| wheat—No. 2 red gt ,,,,-,"_M holding offices above | *'unp Motors. . 115 4% 1% | same time more active trading. noted in the reports from the New | xo. 9 red winter, garlicky, < i that of cashier in banks who are | Hydraulic Steel 2 o1 B It was regarded as certain that dis- | England manufacturing centers for | 2007 "T41" May, 143. barred officeholding in the 91% 91% 91% | tributing syndicates, which have been a month past. ¥ COY';I—‘CO.b nev‘v yellow, 3.70a3.75 per chapter. ¢% o o%|holding back ever since February. Jeocondthere igithe downwara e lbarrel in cargoes: contract corn, spot. when the market for new issues f 15 20 per cent in the b 72; No. 4, ; track corn, e s ere e . M ' | become congested, would now be en-|cOMPany'’s wage scales. Teitow N, 3 e ruttor 7 nake. Money to Loan 'Il’,plm the woman members of the | |"*Piration. .. o | couraged to go ahead again. Third, there is the fact that Endi- | Y020 "0 5" white, 49; No. 3 white, : chapéer on the mame active footing as | |nterboroMetpf.. 13 3 "% 124} ‘1, (1. railway group there was a | COlt Johnson stock is up only a lit- | o S0 idde Secured by First Deed of Trust on Real Eotats. the men; they are now associate mem. | (nt! AgrChem..... B% 8% 84 8%/, general advance, reaching from | [l over 15 points from the bottom | *Tp . pag lots of nearby rve. as P N e o L Toact e 1% 9% . haif point to a point. {Of 2 Jo0-point decline and therefore | (" JUoTity? 1.30a140 per bu.: Xo. 2|Joseph I Vb and ¥ o Delegates were elected to the an- 16 : Short-date equipment bonds, which [ 3€€MS 1o the average person to have | gigtern export, spot, 1.49 nmominal per | [ = f4%| 2t first_had felt the competition of | Unusually ‘large possibllitles of re-|py.: No. 3, 1.46 nominal per bu. 8% | the Burlington issue, found a better | COVeTY: Hal 0.1 timothy, nominal: stand- T4 |market as soon as it had been es- The Declines. ard timothy, 23.00a23.50: No. 2 timo- €% | tablished that the investment com-| Mexican Petroleum _dropped back | thy, 22.00a22.50: No. 3 timothy. 14.50a 16% [ munity was willing to take $230,000,- [over four points from its high on the | 19.00; No. 1 light clover, mixed, 20.00 €3% ) 000 of the fifteen-year loan put out |depletion story and came back frac- |820.50: 2 light clover, mixed, 16.00 nual convention, which this year will be held in Minneapolis. Leeal Securities. Business was a little slow on the stock exchange this morning and EQUITABLE CO-OPERATIVE BUILDING ASSOCIATION Why Not Invest Your Money in a Washington Enterprise? some slight concessions were made in 19% |on a 6% per cent basis. tionally. 219.00. No. 1 clover, mixed, 18.00a Oesastasd 819 3 prices. Traction 58 were firm at % The general market, 19.00; No. 2 clover, mixed, 14.00a Distance may lend enchantment, but it is not always . Turn 8 et, with the ex- : s is| y c! 3 way 38% and Washington Gas 5s strong ™| saih (rons “l'“"" ception of Steel comman, followed the [ 17.00; No. 3, 11.00a13.00; No. 1 clover. ¢1st YEAR COMPLETED a desirable element when you are making an at 19. 28% |, Such issues as Louisville and Nash- | jead¥rship of the favorite specula. |15.00216.00; No. 2 clover, 12.00a13.00; Assets st ent shares sold at 37% and 83, % 1" iew rew|ville 78 and the Chicago and North- |tive stock into lower levels and re. |No. 3, 10.00a1150; sample hay. 13.00a Sarplas _ investment. a|kansasCitySou.. =% : (6% ‘western 7s, weak on previous days, |mained weak until after 1 o'clock, | 14.00. Right at your very door where you can know what while Rallway preferred eased off : ¥ point to 61. Lanston was easier at 77% { KansasCSoupf... §0 &K & 0 [were up three-quarters of a point to | when some of them came back frac.| Straw—No. 1, nominal; No. 1 You Will Accomplish is going on, you have an opportunity to become a to T7. Felly-Spring Tire. % 6% 44% 6% |a point. The Louisvilles sold above|tionally. straight rye, nominal; No. 1 tangled 3 : mmerci Pt The joint $230.000,000 6% Der cent ! oily-Spring3%DP! 8 % % 85 |101, and the Northwesterns were back Rty and industrials alike partici- |Tye, 17.00; No. 2 tangled rye, 15.00: More Than Ever in Sav- “kaPOIdfl; Qfda gYM'mgr‘:cll;‘l'li ;ré;!llcli!‘fi?n o bond lasue of the Northern Paciflc- | g : ; 20% | to par. The various St. Louis and San | pated in the softening following the | NO: 1 Wheat, 13.00a13.60; No, 2 wheat, stitution, sirendy paying Hin L_on its Great Northern, in refunding the Francisco bonds were in demand with | Petroleum announcement. L 12.00a12.50; No. 1 oat, nominal, 18.00 | § _by wgonting rhe systematic savi preferred stock, and promising great possibilities . Buriington and _Quincy a half-point advance in the adjust- al8.50; No. 2 oat, 16.00a17.00. Dlan of the Equitable Ruilding Associa- on the earning power of its common stock. This Joint 46 is the largest piece of fininc- 54 62% 63% ment 65 and the income 6s. S CHICAGO, April 29.—Fresh strength tion, a plan that b fizancial institution, the INTERNATIONAL FINANCE won dependence for thousands. Subseriptions for the 80th Lssue of Stock Being Recelved ever attempted in the Uniced | ! other than by governmen!s. | (o< Tire & Rubber Chicago, Burlington and Quincy | - :igh Valley..... Jointh 4s issu~ was the next largest, ! Lima Locomotive. $21%,927,000, put out twenty years ago.| .cwslne. “Tasrly well” was the report of all bond | _aft Inc. hewses as to the mamner in which sub-| ,uis & Nash. 2% :8% %] Chesapeake and Ohio general 4%s COTTON MARKETS. showed itself in the wheat market to- % 4% 4% |and the convertible 55 were up a n?u NEW YORK, April 29.—The easier |day with attention largely directed to Wi 6 76 | point, the former to 75 and the latter |Tuling of Liverpool was followed by |the scantiness o® the stock on hand ;% 319 19 |to 82%. Delaware and Hudson con- |declines in the cotton market here |here available for delivery on May vertible 5s rallied from 82% to 82%. |during today's early trading. The |contracts. Heavy buying on the Dlrli Penioy:€ 1-3a Raosis. opening was irregular at a decline of {of a house with eastern connections CORPORATION, is managed by reputable Wash- ington business men. Let us tell you more about this institution or ask your banker about it. Write or telephone for our circular. . g 5 points to an advance of 3 points but |tended further to lift prices. Some serapaions were coming in. Closurc is| .| aekay 4o Pennsylvania 6%s, for tho first time, | there was scatiering liquidation. be. | unfavorabie advices from crop ex-! | Shares, $2.50 Per Month expected today. | sallinson & showed symploms of recovery, get-|cause of the decline abroad, also some |perts were also the subject of notice. e feae s E. L. STOCK & COMPANY Raftread Earnings. 1 tanatran Unz back cross 05, s compared |New Orleans and southern seiline |Initial quotations, which ranged from ¥ ent Intere o Lo the New ! ve 1Y r - _They were s carried y off to 12.05 and|% to 2 higher, wi ay 1.29 to 1.30¢ eee A o wross were | Max-Cual Clans helped by the favorablo Maruil earn: | July to 12,59 of ahout 7 to & posaia{and Juiy 1057 to 106, were tollowed | | EQUITABLE BUILDING, Investment Securities % ; 2 i : inzs report quife a8 much as by the [net lower, but houses' with Liverpooi |by material gains all round. : 3 fuccess of the Northern Pacific-Great | connections were good buyers of Oc-| Corn ascended with wheat. After| 915 F St. NW. m‘hl““ aftor taxos $2.25 Northern refunding operation tober around 13.22, and prices held Jopening % off to % up. including Julyl red with $256.566 in March. 1 net operating income. $3. 123, with 3622612 in 1920. ! he three months of the calen- the net operating locome, compares with 4,224 in Among the industrials, Goodyear |fairly steady toward the end of the|at 60% to 61, the market scored a : Tir~ %8 were very active and strong|first hour. moderate general advance. w01 Yoy |UP to 100%. and Packard Motor 88| KFutures opened steady; May 12.13;| Oats were governed by the rise ln] yy | vere heavily traded in at par. Amer-July 12.65; October 13.24; December |other cereals, starting % to % higher, ” : Telcphone and Telegraph con-|13.72; January 13.84 July 37% to 38 and remaining firm. % “‘)vvrubln 68 moved forward to 101.| NEW ORLEANS, April, 29.—Prices |, Higher quotations on hogs helped JOHN JOY EDSON. Prestdent PRANK P. REESIDE. Seoy, 3 4 4 |Gerro de Pasco 8s got back t to carry provisions upgrade. | t e months of 1920. Y &ot back to the|were lower on the opening of t t: | o-carry. Dl . 3 ” e ealiway's met operating in- high of 108, Ton markat stoday e iy d':g,f:"u l"'nlal_nes‘tfi;lecelp!s,mlfi. s :}\dd “for March, §525,000, compared —_— of 7 to 12 points were made, there was | 5t73dy; northern white, DAIRY MARKET. & resction back o levels 1 point un- | ulk: 902105 cwt.. newest, Florids 2| BALTIMORE. April 29 (Special).— |3°F, 10 2 points over the close of yes- |y, e, Texas triumphs, sacked, 5.00 { Chickens, young. large, 40a4%: rough | torday. fi","{“'fflfi" down to 1165 .y * § e, | and stagmy, 30a35: old, 0a34; old | A them up to L0 | wimar— Open Mieh Low. Oloss. TN | e 5055: SOrE: 1 1o 15s maunde [July 1210 "October 12.73; December | 47 DIy foh 1w 106 711 €5270; under 1 pound. 55080, Ducks, [ 13:09: January 13.23. 05! 23230. “Pigeons, per pair, aucke: | Reports.of. somewhat larger sales |May Cowmomo mm come i 1,716,568 in March, 1920. The | uontgomery Ward % 1 onths operation protuced a 7% ratine daficit of 3966333, a3 1 eompared with an income of .700. the sama months 1920, | 3at Blacutt bt 0 and Northwestern for llu* el ads Coper. first thres months of this year showed | oY < - ting daficit of $1.261.336. aSaniic touat L ne showed a net % cotton cloths in this country held come of $2.007,477 o 31 | Guinea fowl, 50a90. o 1 fr Xt m!-’p':u'f e 450 55 | ©'Ees, lons off, styictly fresh nearby, the market steady. but prospects of . men e W 112248 for the same months Iast year, 17% | dozen, 26; southern, 24. Curthier. mproyement in weather con- Aty 38 a7 sy ghs 10% | Butter, creamery, fancy. pound, 43 |dit’ons over the belt prevented much |\ p RK. April 29.—Lard, easy: FOREICN BORDS, Norfiia & WatPR.. 9 |Rd4: prints, 44a45: nearby creamery. | ny ng. middle west, 10.00a10.10. Other arti- s e e |40aé1; ladies, 26a28; rolls, ™ T 16 |S8tore packed.’1s: dairy prin W s 1 |Drocess butter, 28a29. a% % $%| NOCW YORK, April 20—Butter— | gng LIVERPOOL, April 29.—Cotton. apot. in small demand, prices easy: | °® Unchanged- good middling. fully middling, ooy oEiny 31: mamoe:; WOOL PRICES BARELY FIRM. . your investment problems. North America. . fareishod by W. B, Htbe & Coy | NOVIR AEUCT Priess ot msca; ‘Boot : Reviin 4o, Gorman g, 4s., 12% | NOVE oy Possibly you are too busy-to-come bre-and tallcabout +] » " T k2 : o Geeaier Borii Serman pov. bs.. 1Y 2% 9% 20 # | Casier: receip(s. 9,142 tubs: cream- |4 v, e .. . 4% s r .9, 5 30. Bgnles. 3,000 bales. ing | BOSTON. April 29.—The Commer- sremen dlas. o U e o iy ot BTl g ety extras- (92 aopre), Siisadg: | 2500 American.” Receiots, 055 bales: | clal Bulletin tomorrow will say: ~The We . © olfice tv-aidvise Wy AL B s 4t ai 1% 2% F Sreamory extraen(s ‘;cglre . 37 ,a.af. including 5,700 American. Futures | demand for wool this week has been cvfll-dufl.utm your 17 Maiw'aer Naak'se 1642 i nery Arats (88 to 01 scora). 348 | closed quiel: May, 119 July, 811 leas active and prices are barely firm, TIBC Prence ftank &5 . 1698 " % Rt g make, NO. | October, 8.42; Decembey, 8.55; Janu- except for the choicest staple wools. 'ih.,__ 16% Herlinws Bank 4s 18% - T 1% 'Egms—Irregular; receipts, 21,770 | 5 8 ; March, 8.70. { The mill situation continues general- 54 Vieann 4a “- & oaees: frosh mathired. Cors Brott Except! for the Liverpool buying:ly healthy. Shearing is spreading in 3R L we e Tig frooh athered, {Xtra Mrsts:|there was no special feature, and the| the wost. but little business is re- he 1 1% A s e vaniety firats. 268 | market remained very quiét. Occa-|ported on the part of the eastern i o's Gas o am e I tes " BSATEY | slonal small selling orders from the | deslers as yet. The English market iy 1 Peopls AR Pl Pnnm to |south were executed, which held ral-, is slightly roved, but the outlook i 2% | pare Mrq priorpt.. e Rt | AR arhy wostern hennerSYIvADIL |1ies in check, and prices were about 3 | in Australia is considered very bad Phils Company., .. Sl 1% extras, 31a83; don EAthered browns | (2 5 Doints net lower, rul 33 around | Germany is buying a little more free- 3% [afan N3 | EhilipeRetsolenm | R Inixed colors,”8lets to oximm 3¢ | 1363 for July and 1334 for October. |1y in Argentina- f resss stora; soked, extra firsts, 298 o v R 2 120 Helun ates ,'fi,ify B0, Arale 37 a38 s BRTHLENEM STEEL DIVIDEND. MONEY AND EXCHANGE. L 138 Beigan Prem, 5 74 lodi [eceipte, 1810 Directorsof| NEW YORK, April 20.—Prime mer- , held, cantile paper,’ 7a7%; exchange, irre- gular. Sterling—Sixty-day bills and commerclal sixty-day bills on banks, .903%; commercial, ~ sixty-day _bills, 1901;; demand, 3.35; Francs—Demand, 1.74 » 15 tals, 2783 » he z 3 | spccinls, 1815820; do., : |dends on both classes of prefstre " e ;?:;fl; s Oe" Average A nnfi' b l:““t h-:au::-[.fl A lld{:;'z Grace SHIOAG M _ |atated that vidond on the com-. (HICATO, April 20.—Tuiter—Low- | on’giook had bee moro than earned ZXCHANGE TO CLOSE MAY 2. LANDON, April 20— The stask eox: ehange here will he closd May 3 Prase Futiman Co URSE FIRNM, EERe—| juring the qusrt He ndded Belgian franc: ouses; fete, |y 2 ded that|?776 Guilders—Deman: g : lul:'ngx:' ¢ | the value of orders ‘on the compAnY's| 3308, Lire—Demand, 4 books su:.of Mavoh.il'-amountad ‘to Z s e o < PARIS, April 89 —Pri [ n |mer . 20%a31%. : Marks—Demand, P (‘u. boures foday "r'n':n';:: gont a1 [Pouitsy, &ilva, un glaoflo:&u::'n‘:\-':? I‘m‘_‘ fod ri.fi Gates da Lo 1 s 2 |t e prmons 1 i s a1 g ot o ; % . o0 & tal In Governm! Lim Five ant loan, B3 franes -% Wn@lulm Abl n m of ogn 4} goptimes. The doflap was quoted | Rep Motor Truck.. 2% m‘m the 1-::-"7- n ehiyp »fl "I-su, sixty deyw,“einsty 3 fl france 1 comtime, m 3 i boeked, daye eix memh'-','?mv per cent.