Evening Star Newspaper, May 3, 1921, Page 25

i OFIT-TAKING IS Paul debenture #s had a rise of one and a otal half points to Ohio conve . Open. High. Low. Close. Open. High. Low. Close.| BALTIMORE, May 3 (Special).—| Egge—Strictly fresh, per doz., 25 | Adams Fxpress... © 40 9% | Pitts & W Va..... 284 8% 28 93 | Potatoes, white, No. 1, per 100 1bs.. 90 | southern, 24. \ | Atax Ruhber .aom Pond Creek Coal.. 15% 16% [ 21.00: cobblers, 90a1.00: McCormicks.| Live poultry—Roosters, per Ib.. 20:1 | 412520 Tumo. 1 14 1's | Pressed Stl Car pf. 91 o1 | 75885; No. 2. 40a50; Florida, new. Per | turkeys, per pound, 35: chickens, | | ety D sew + | Pullman Co....... 108 to2% | PBL. 2:00a7.00; sweets. per, bbl. 4004 | epring, per Ib.. 60a65: hens. per Ib., 30: | | Allicd Chemical pf.. 89 8% got4 | Punta Alegre..... 41% a 00. Yams. 4.00a5.00: No. 2 and culls. keats. Youns, énch, 60a75; chickens, win- | L ANis Chalmers 9 o 18l | FureOll... . 3% % | 3 00as-20 gsalns. green pearl ;:;l Wax, | ter. per Ib.. 40a50. | —_— f p 1002450, Beets, per bunch. 5a8. Asi| ol o i i | #11is Chaln % % 7.% | Railway St1 Spr... & 8% | paragus, per 024.20. Dressed poultry—Fresh-killed spring | Market Showed S(rength IN|am Agr Chem. o e « | Ray Con Copper.... 1ty W%, Cabbage, pego(‘zre:lr:;v 0022.50. Cucum- ;};_"‘1;35; per Ib., 75a80; hens, per Ib.t Am Reet Sugar.... 0% 40'3 aaw [ Reading.oo . U 76 |bers, per box, 3.00a4.00. Eggplant, |y’ THOSErs. per Ib.. Early Hour — Strength |Ammosch.....oed = s 614 | Reading 1stpf.... 4%y @ | per crate. 3.50a5.00 Kaie. per Du.. 358 | b 38240; chickens, al A Hose LA A | Beading 2d pe. . 24 @K 150 Tettuce, per’ basker 100280\ “TR, ; . . . Am Can pf. e B% a1 | Remington Typr.. 4% 343 | Onions, per 100 Ibs.. 1.00a1.50. Peas.| Pork—Dressed, small. per 1b. 15:] Noted in Foreign Exchange. |ameare rav " gee we 17w 127% | Replogle Steel.... s34 82 |per basket 3.50a450. Peppers, per|medium, 13al4; heavy, 10a13; live. 812 AmCar & Fdy pf.. 111t 11 % 111 111% | Rep Iron & Steel .. 643 e |crate, 4004600, Spring onions. per| Live stock—Calves, choice. per ., | NEW YORK. May 3.—A further ad-|xm chicle Co. M 351 s e |Replron & Stipf.. e3 sl el Ata e i Tat o nosichiblcs. periib., 1t i wance occurred this morning in nu-| Am Catton Ol ... 2% 24 19% so |RepMotor Truck.. 21% 21% | "Tomatoes, per crate, 1.50a5.00. Spin- (g oo ‘pry Hul D! per bbi. 3.00a Terous parts of the share list, but [ Am Cotton Ol pf.. & 6 8 59 |70Vl Dutch...... 6% 69% 68% 6% [ach. per bu.. 15a30. §:00: per basket, 73a2.00; western, per ; in the day the market ran into \™ Drueelsts. . s % s s |otJosephLead.... 13 12% 12% 124 | Apples. per bbl., 3.50a7.00; per box. | pox’ 3";,'.”‘4' 0. California lemons. per | later in the day " O P neoas o e yo. gm0 [StI.&SanFran... 21% f2% 21% :2%|1.50a3.50: loose. per 100 Ibs. 1.50a2.00 1 2 SIS0 plornia. oranses, PELY heavy profit taking. This selling was | (7 qrorens - T M i s |StlouisSouthwn. mi 8wy | Grapefruit, per box, 0045, ate. Florida oranges, per | heavy enough to check the rise inlam mridas Leapt. e 51 (StLouisSownpf.. 37 87 g 81 |Oranges, per box. 3.00a5.00. Strawber-i5 0.6 o Grapefrult, per;crate, most directions and to bring about | AmTeepe. .. G4 o |SantaCeciliaSug. 2% 2% 2% 2y |Ties, per quart. 15a35 o S an irregular reaction. There was| m International T e% B EO% B fln;':“’“/\{m! 16% 16% 16% 16% Selling Prices at Noon. BEr "g,:‘,“l’ggfi'jg'fl,:gf:.h:::r::)'.r N:t;.; A s 2 $ Saxon Motors . 6% 6 6 - 5 bl 67:18 A al.75; . per sack. Very little incident in the outside| :v’:”::::ce Seaboard A L pf... 10 mh i 1:" Nov 25 :?nlErrega:I;::(yr,' et 156 b0as 0y, hew Florida potatoce; per BbLy| X 3 vas erely the & 8 oebuck pf. 99 99 98 98 Sales ag lots of mearby, by sam-[bbl, 3.50a5.00. | familiar adjustment of a market ."j:\f‘{d_:fl;r . 0 . wig 6w |SenecaCopper.... 16% 16% 6% 16% ple, at 1.15, 1.20 and 1.28 per bushel. llina, p:r c i Which has been going up rapidly and | 1™ Sacety Razof.. d% “|Shell Trad & Tran. 6% 1% 46% 47% |, Corn—Cob. prime, vellow, 3.75 andidoz. 1.00a i in which attractive profits hav "vv.:'nk- Com. k SinclalrONl....... 27 21 2% 6% | 3:50 per barrel in car lots: contract . Rom: i cumulated in speculative han T amemarting Sloss-Shefleld e T b ou|corn. spot. T2%: May, 72%: No 4. |blings, per i Of more interest than (thing | Am Smelting pf... Ferto = 4 k. 69%: track corn. yellow, No. 3 or bet- ! Spinach, per bbl.. which happened in stocks was the | Am Steel Fd: Rico Sug. 6% 69% €94 634 | e and 78 continued advance in the foreign ¢X-{ am s; 4 uthern Pacifle.. 5% 76% %% 75%| Oats—No. 2 white, 49; No. 3 white i changes. Sterling rose another cent | bl Southern Rallway. s1% 22 21% 21% |47, i e i { and a half in the pound. Francs, for| qpm e mer SouthernRypf.... 55 5 65% 6%| Rye—Bag lots of nearby rye. as top lziplant, pér crate, | The firat time. Eot across (he S-cent ‘m_rnhfc-::x»:, e;::lfl:'lrl‘l:.l p;’.‘. 08 108 quality, 1.30a1.40 per bushel: No. 2 Carclina asparagus. | level. Italian bills were cqually na0: .« £ ubepf... 78 8 western, spot. 1.54% shel; No. . 4.00; 4 Z.. | strong. It is not easy to place im-| :"‘"'“""’"" (RY. Stern Bros pf. 109 109 3, 1.51 pe{r hush;I‘_‘ e gbunns 1 T by ol 5‘3&‘ mediate bounds upon this movement. | Am Tobaceo pf (n) Stewart-Warner.. 33% 8% Hay-—No. 1 timoth : stand- | North Carolina 0a4.00 per | 4 4 A Tt ¥ per | Sterling went as high as $4.06 a year ™ Wanlen " Stromberg Carb... 4% 45% ard timothy, 23.00a timo- | basket. H ago. with conditions nothing like as|Am Woolenpf.... Studebaker. . 89% 0% thy, 22.00a22.50; . favorable as the present for an ad- [ Am Writing Prpf. 3 Submarine Boat... 1% 7% 0. 1 light CHICAGO LIVE STOCK MARKET. | \'lnct;. e 5 i Am Zine & Lead. .. Superior Oll. . 8% 8% 20.50; No. 2 light clover, mixed, 16.00a May 3 (United States|( Last spring’s high was made when | snaconda s | Superior Steel. 11, s 4 190000 No. 1 clover. mixed, 18.00a Re- | Great Britain was owing a monthly { Aseo Dry Goods { Tenn Copper. 9% 10 .00; No. 2 clover, mixed, 14.00al 3 , 15 to ] merchandise bill fully two and a half | \cea Dry G 15t pf. TRt G s e 10 0. 3. 11.00a13.00; N ‘lover, : choice | Toms e ot e 3ot men ) e FaiitmrT o IR 8505 dhover T200h 130 25.000. sfers 3 4 0 5 = 00z Is i the maximum sent here from abroad | f::f:",’:r:"‘"“ Co.. TeXAs & PC & Ol 28% 8% 111222—%0.“?“3)&:&? 11-'0."31{:;"‘;.1( heifers, and stockers st was $60.000,000. This comparison | (12n e AL -0 :!‘d"" Avenue..... 16% 16% rye, nominal: No. 1 tangled rye, 17.00; | And active: bulk fat she stock. would either scem to make the $4.06| ! - ide Water Oil.... 115 175 No. 2 tangled rye, 16.00; No. 1 wheat, bulls, 1z sterling rate of a year ago too high|Atlantic Petrotem.. .. | Tobacco Prod. [T 13.00213.50; No. 2 wheat, 12.00a12.50; | C2lves. mostly i or today's rate of $3.97% altogether | "31*win T.oco. TransContlOll... 194 2 1% 12 |No. 1 oat. nominal. 15.00a18.50; No. 3| €rs and feede H too low. Baldwin Loco pt 1o 101 f talon oM. % 4 w4 2 [oat, 16.00a17.00. fEUas Hogs—Rec i The equally notable advance in 22'to& Ohto.. 3% 57% | Onion Pael 0 to R i French exchange reflects, of course, | Ralto & Ohio of. 49% 4% | (nion pm,::p, ’:’m ",:% ’;;:2 ';:2 |n‘T:E:C]‘;\r?S\ n?‘i‘.;”hei.‘.’;f,is?fl:élvfi?éfi! averago. i bulk, s.10a ! i o e | Parnoe 1. A 4 o "y S ste: y to 5 b turn in the French foreign trad sl (B) b United Alioy Steel. 31% 1% $1% 81% | owing largely to continued indications | L P AR L e ithin the last two months from an ! Peth Steel. 8 United Drug. . o1 81 o6 98 |of scarcity of supplies. Special diffi-|slow aAbont o s dathis stocem. of exp e I Zem Stasiim, % ited Frult.. Liae e e s noted and attvices from ':u“;au%:vgf; lambs’ sold carly: top late | Steel. o r . n yInvpt.. 21% 1% 1 S i - 11.25; cholce, 150-1b. wethe i Tt has fallen to the lot of the Gulf 2kl,\'n§=n|d Trn ;.2"‘ United Ratall Stre., s 44 :;2 :zt P from farms and of bed condition | ey 1 States Steel Company to furnish the | Rurns Bros U S Cast Ir Pipe... of country roads. Orange rust was = first bright spot in whatever turn|Rutte Copper s 1S Food Prod. ... :7: :::2 152 lz:’\: galdesto Jbs inarcasing in southorn CANDY 'CHANGE IN CHICAGO. | e o ¥ tn the steel business. | Rutta & Superior. i TS Indus Alcohol. 2% 104 % T8 | ranmen from. ol Sto 1is higher, with | CHICAGO, May 5.—A candy board of | }.lxfll::sar’;mf:cal:n s loson e s oty LB B2 b0W (60%|May, 135 to 135k and July, 1.09% to| trade, modeled somewhat like a prod- | ; a de : oON....... 3 7S Rubber. - e o P G J change in business since the first of | Californta Pekg. 9% U S Rubber i i | e Sollowed by Inpieral €2US uoe exchangd, is o Bs Opened June | Apsil-' Duringithe Oest; thrssmionihe | Catitormimpeteol. - % USSmelt& Rof... s4% 4% 3% 3% | Corn sympathized with the upturni by feading candy muicere ani e | of the year the company received an{Calumot & Ariz. 5 U § Steel. in wl i 4 & candy makars.and mafuc S Tanal onler of from 50-t6. 100 Sapanien Pacine ‘ m% U8 Sl in ;h;nl;-m;“;:{‘u?i?::lgg]yquhzgxfg1raozurkrs of candy making and pack- | tons dally, but during April orders|cage Plow Works. 9 9% 9 U'tah Copper % 621, the market continued to harden, | ine Dachinery, 1t is planned to make have been coming in at the rate of|-entralLeather... % Utah Securiti Provisions averaged lower, influ- | ne so mmear oy ey manent. accord- D oo L g 2o Securiti 10 10 10 10 v ing to Emmet Boyles, manager of the | from 400 to 700 tons per dayv. | eefiral Teath pf - Vanad e Cornnn. 3% % 1% sr |enced by the bearish showing of the|candy exchangs g H e, Pxnama canal route | has| 2O Pasco 29 oLy S 17 3 s |monthly statement of warehouse o mud I e e ;| Chandler Motor 3% v Chem p! b but orders have been scattered alljZhanaler? 5 g va-Car Chempf... 85 8% 8% 8% | Subsequently. increased congestion in LATR over the United States as well. Gulf | Ches & Ohlo. o UISAtoN S A e b el mauently, lacressed fcongestion 1n | 1BING CUTS OIL PRICE. States Steel has had no trouble at :\ilt:"'fi"’a'“""'“ 1% Wabash 7% % 7% |as sign multiplied that May holdin TULSA. Okla. May 3.—The Sinclair } with labor: wages have been de- ("fl_fltv" ;W‘gf ¥" feu | WabashpfA 21 20% 21 |were largely for Seaboard account as a|and Prairie Crude 0il Purchasing | creased and the working force cut|ChiMil&StP. 64 ivi|Webber & Heilbron 12% 11 1% 13 |hedge against export sales. The close| Companies. have cut the pric fully 25 per cent. ~hi Mi) & St P pf. K, L stern Md...... 10 10 10 10 |was buoyant, 2% to 81 cents net higher,| = Gt @ Price-otimid-| Gulf States Steel is independent for | Chi & Northwn.... €% €% 3 | WesternMd2d. L w% 1% 1% | with May 1423 to 142% and July;‘tg"“"”_" crude oil 25 cents, making | all _raw materials, havlggd its own ”“‘R}:g'.'fl"“, i:‘u ;:V- :;% 2% | Western Pacific... 2% 2 2% m 1.12 to 1.12%. e new price $1.50 a barrel. coal mines and iron ore body. hiR %Dt . Western Unfon.... 0 90 8% 0% | WHEN High. Low. Close woo | - In Look for Increase. ChiRI&PI%DL.. U 4 Westhse AirBrk.. 92 92 92 92 |Muy. 3 1. American Express Company _di-|Tht PneuTool..... €3% 0 g”' 8 |WesthouseEa M. 8 & @ a8 |V, 1 rectors at their meeting scheduled to g::‘“c*;:;fio' SX ’s;% e 18 aase z:‘ecll;t&l.m e 9% 9 9%!wmay 5% 6o% @ be held tomorrow are expected to in- e teeees L aR te MOtOT...... 43% 3% 48 &% |July w” e crease the quarterly dividend rate, | Chino Copper 251 2% 4% 2 White Oil . 16% 16% 16 16 OAT s which at the present time is $2.|Coca-Cola 0% 30% 28% 29 | einoocs and.. oW 10% 8% 1o% Moy - any A American Express received Sose o Colo Fuel...... % HY 4 M Willys-OvIdpf.... 41 &2 40K 40 S B ok 500,000, or & sum equal to $2.38 Der | Colo & Southern... 36 36 55% Woolworth 14% 14% 14% 1% DAIRY MA t 2 adesas ARKET. shate, onitha 180,008 shiares of no ‘.’““f! B% 60 9% Worthington Pmp. 55 5 63 83 | BALTIMORE, May 3 (Speciul).— i ey A o htiy Ge ::o: grtb:ovfhon- - 5 Am Worthington (A).. 19% 9% 179% 9% |Chickens—Young, large. 40a45; rough b e npany, : | Col Graph pf. ..... and s 3 : : i The Wells Fargo Company, distrib- | Cons Clear. - 2] kL ney; € 6 fand under. 50a55; spring. 1 to 1l Accounts uted its share of this dividend imme- | Cons Distirbutors.. 8 f% 8 HOURLY SALES OF STOCKS. pounds, 65a70; under 1 pound, 55a60. diately, and it is felt that American |Cons Gasof NY... 88 &% & 3 Ducks. 25a30." Pigeons, per pair, 45a Safe Depos: Express will do the same. The main- | Cona Intl Cal Mln.. 5% &% 5% 1la.m..... 28680 12m. - 489900 |50. Guinea fowls, 50a90. B ienince” of the s per cent dividend by | Con Textie.. . 20% 2% @ipm . 6lsM0 2pm....88W0 | Eggs—Loss off 'sirictly fresh near- OXes the American Railway Express means B84 bBW ETH s AL o y, doz., 25; southern, 23. Monthly State- 34.09 annually for American Express W1 % 2 Butter—Creamery, fancy, Ib., 37a38; | . stock.” The present 38 dividend is un- | ¢ T TeRt e Washington Stock Exchange |prints. 38ai0: nearby creamery. 34a derstoodiitoss i\nemee:aselm;'ru With | Sogden & Co. o% 4 38% BALES. -’f.;,cklagxes.”gaaf’s;_ rolls, 18a22; store - Crucible Steel..... 8% 4% 8% Capital Traction—10 at 87%, 7 at 87%. [Packed, : dairy = prints, 20a24; e Cuban-Am Sugar.. 237 4% 8% o );:hinzmn Raflway ":m.—% at 208, 25, m;gfielncu‘}x‘uone‘? 26a28.B = 4 2 at 2%, 25 at % b “HICAGO, May 3.—Butter—] ; Cuba Cane Sugar.. 20 20% 10 Contincatal Trave—10 o 105, 1 at 107, creamery extra, 31; standaran ot | Cuba Cane Supf.. 59 6% f9 Lanston Monotype—10 at 77. Eggs—Higher; receipts, 31,719 cases; { Davidson Chem... 24 24 24 Mergenthaler Linotype—1 at 120. Brate 22; ordinary Arets 18a1%: ai|N N! Denveluniof.l W i ki Potomae TiectETER CALLL 0 s, |Imark. cases included, 20a21; standards, N N Detroit United 6 €8 Potomac Eleciric cons. Ge—31, s N N Dome Mines 19% 19% 19% Fapston Monotype IO 8t - ERIET SOu N T N 2 N Elk Horn Coal 20 2 2 Cashi . N N = 5 MONEY AND EXCHANGE. N N | : Endicott-Johnson. (7% (84 ‘6% EW HY N! Endicott-John pf.. 5 % % e | GEW YORK, May 3—prime mer-| N arriman 0.y Erle. C%% k% I8 A B 2 pgpr Loy i oxchange irregu- | N N . } : & 60-day bills and commer- | N N NEW YORK. May 3.—The feature | Erielstpf. . ... % s Bid xndB&:l[()e; Prices ciai 80-day bills on banks 3.53; com- i N MEMBERS: § of the bond market today was the s mercial 60-day bills, 3.92%; demand,|N y N e Famous players pf 89 8% & PUBLIC UTILI 3.97%; cables, 3.981. N N continued demand for Belgian issues. | pianor Body. §7% 8% 1% 81| . TIES 0. Asked.| Francs—Demand, 7.:94: cables, 7.95. | N New York Stock Exchange R especially for the five-year 6 per cent | Fisk Rubber. . . ;w1 | American Tel and Telga. 4s, . 1834 104 [ Bolglan francs—demand. 7.9%; ca- N N . . merican Tel, and 1 g notes, wflhlch mature in 1925, and the | Fr::::r‘;v’f‘:lx:;. 492 13;: 1:: AR and ahd Telm g 2 e L S ORI s N 11t Broadway, New York N! twenty-five-year 7% per cents E 3 Ame I cons. 65, 101 127 3505 el b 2 35.25. 1N N - halt...... 74 76 78 Tk 3 | 3522 N N Belgian 6s jumped over two |)nmv:=; Bkl 3 Alacontia and Votow Lire—Demand, 4.%6; cables, 4.8 N N 5 { Gen Asphalt pf us 13 uacostia and Potomae guar. 73 [ ; cables, 4.8 N N 10 97%, which brought them to a new ; 17 & apeake and Potomac Tel 58 Marks—Demand, 1.52; cables, 1.54. N N high. The 7is were heavily traded | - ;':f;r':c e ‘,‘I“ 1l Truction K i s8% i Greece—Demand, & N N in at 99, or the same price as the ot Fhseag e g o8 rgentine—Demand, 31. N N new 8s were selling for. Th. reasons { Gen Mot 6% deb. 8% | botomac Liectric Light 4 Braslon Demand. 1387 i N for the strength in the 6€s ~nd 7igs | Gilliland Oil pf. 80% | Potomae Electric cons, 54 e 1 Gt At i discotnt. N s N are quite diferent. eoarich. o | Fotomae Fes: Fower o % 8|, Governmient and ‘raiiroad bonas|N Washington Office N o, the case of the latter, drawings | Goodrich pf 80 | Potomae Fower e 1 f 60 90 a \ N! egin on June 1 for not les than |Gray & Davis. 15 oans firm; 60 days, ays | N N two million’ dollars, this being the| ireat Northern pf. 7 and six months, 612a7 per cent. N COLORADO BUILDIN N first retirement under any sinkine | Great NorOre..... 20% . , iN Telephone Mata:1603 N fund provislon. Ax he redempiion | Greeno-Cananes.. =% AL s VISIBYE SUPPLY OF GRAIN. |N N speculative feature to those who buy | Hart C ealty 5s (short)... . ’ NEW YORK, May 3.—The visible |N N! ihe bonds at 35, for the worst’ that Henola Pariar. = hiogton Market 5o (14411, 3§ supply of American and bonded grain | N G. B. CHIPMAN N can happen to them is a loss of a 2 R shows the following changes: N N Doint or so, while they run the chance | Henjean s o STOCKS Wheat, decreased 2064010 bushels. N Manager NI of making sixteen points in a month. | PUBLIC UTILITIES. “orn, decreased 5,261.000 bushels. N N e i e er ,fi:::nm:::_ fl:: L and Telga Tos Oats, decreased 262,000 bushels. N N! In the case of the s the explanation | Indinhoma. . 6 | Washington ¢ R Y tues, ) —— oz | for the rise yesterday and today lay | Inspiration s0% | Norfoll uid Wasi, Steamboat... 180 e, | wholly in the great strenzth of Bel-! [nte, e 1y | Washivgion Kwy. and Elec. com. 2815 2 | : rboro Metro. .. on | Adk | &ian exchange, which this morning |1 * | Washiugton Rwy. ang Elec. pfd. 617 &2 b o el The noldes | atl Harvester. .. . 981 | Wusbiugton-Virginia Lwy. pfd. 8 ... i CEoSea the S cent love: @ holder ; pnil Harvester pt. 105 n i ese notes has the option at any | ny Mer Marine. .. 15! American 183 . I time before maturity of requesting “] i the fiscal agents to sell eleven thou- e e UL B L 5 { sand Belgian francs for every one- e %, Cor c . i hemcnnd Gollar note’ Bhos. wo: ,.Svrz Intl Truck 15t pt.. 76 14 76 ° 70 | Disteero. 3 Ex t . i oF the atter { inti ek DT e lew] Farmes i N ; ceptiona This provision becomes attractive— | Intl Faver. L G% 5% 6l Federal .- : a0 = ! that s it shows a subeaniial profit | Invireiole Oil.... % 1 W4 g | when the Belgian franc reaches 9.09 | isiand Ot Siio T s e e e am \Investment | touched today | Tewe! Tea ot . i i . et ' i . Consequently here aiso there is an!xapsas ity Sou.. 4 e | tncentive which appeals strongly 10| KansasC Sou D, o COMPA | . H speculators. i y-SPEIng 7 '3 | or unl ! heily-Spring ) { i Py e . " 1 Uuton Trust . . H 1 Tapanese second 414s and the sterling | Toaaecott. ... peg uiya. I S st e Suwi e ol i ae | loan 45 both made new highs, at 81| Keystone Tire i ar | e aiviva H A | ! or the former and 673 for the lat-| Kresge (S S) 5o Ase ek o anJAVINGS 8 There: 16 now avafiabh Sisait 5 | B OHS of Pk e B e R B 50 mogree and Saviags. T 0 ailable a limited number of shares of i Tww 1on At 363, AD0 S0 dI Noraay | o uer a1 e stock in a strictly local industrial enterprise which is | fs at 101 The: have | “Cnigh Valley..... 64 vl Al i already established and successfully operating upon a | ‘»xeme: p:?‘nsn,mmy #1085 | fiua Locomotive. . IiSteweeRaving profit paying and dividend paying basis. } L Tbarty bonds and. the viclory inotes | LORWBIE G Sy Under a business expansion program, facilities for treb- i were scarcely changed. b oft Inc. ling the present output of this concern have nearly all i afifi:.';,"‘:.’;,‘:’,"‘f;_‘.“,y"u:_“” % the: ten been installed, and operation of the expunded business | the advances were more numicrous than 6% 6y | F o ; J o ben S Aty x on any day for the last few weeke |4y Dept E9% wg | German American’ The product is a necessity and the inere in output i Canadian Northern 7s were up a half | .exican Pete. Natidoat Ul will mean an immediate increase in profits. | point to 101%, North 1,5 | Stiami Copper. 3 ! Teached 98, or midway betwer fddie States Uil Write immediately for full particulars ‘ sained a fraction at 1017, & Extre thiy s s hd oo Address Box 218-B, Star Office i points from t week’'s bottom. ' | Baltimore_and reached 67%. up nearl e convertible As gained fhle to 38. New Ha recovery. selling at Testerday Fhiladwiohia Company convertibie eqwaled their hign at “4. United Staie Rutber 5s were up a half point to 7. An active demand continued for ¢ vear 33 at their high figure of 1| ‘An exception to the general tenden: were the Atlantic Fruit 7s, which wer off a point to low i | BOISE BANK CLOSES DOORS. | BOISE, 1daho, May 3.—The Over-| Jand Natlonal Bank of Boise. with de- | posits of more than $1.000.000, closed | its doors here by action of the hoard | of directors. M. C. Wilde of = Francisco, national bank examiner, took charge. Shrinkage of deposiis | and inability to liquidate paper were| &iven as caunes for the closing. PARIS BOURSE FIRM. PARIS, May tie bourse tod rentes, 56 fran e on London a new o doiiar T ¢ was 51 centimes. FINANCIA NEW YORK STOCK EXCHANGE. Received by Private Wire Direct to The Star Office. 1 oid Du i + Mo Mar RAIL DEAL BEFORE COURT. o 6 6 PHILADELPIIA, May 3.—The man- [Ndppenart.. 1 010 nee in which the Reading company [ Jurfla s Watrn.. 904 % 904 S8 | rppertis, ordered dissolved by the Sars e M me Sael Unitea States Supreme Court, shall be Oaitotin Lrodens 9% st w 3w lsegresated was held under advise- Outario Sitver. ... 5 |ment by the federal district court i Bt 2% |atier a hearing here. The court ask- gHs Bia 9. 46, | e the Reading company and the gov- B D i 1% 3%|ernment to file a printed copy of a sl isw few |modified plan, as agreed to by them, e % 18%) within ten days. Pan-?n;l;;‘!a(hBL €% 63 Parish & Bing p rish & Bingham 4 1 | VEMPHIS GASOLINE DROPS. Penn Sesb st W4 1| MEMPHIS, May 3—Following the Feoplancas ... % 474 |arrival of three burges from the oll Phillips Petroleum 214 2.4 2% 2] creries at Baton Rouge, La, and Plerce-Arrow. oot o son sne %] carrying 1,750,000 gullons of gusoline, Plerea Ol % 0% 03 o | the Standard Ol Company here has re- Pitta Coal. . B e e e a gallon. The reduc- Pitts Steel pf. 2 o2 o = GRAIN AND PROVISIONS. i i National 55th Year ' Savings & Trust Co. Oldest Savings Depository in Washington Cor. 15th and New York Ave. LOCAL WHOLESALE MARKET. Capital & Surplus, $2,009,000.00 GETTING SOMEWHERE GRANTED THAT SAV- ING is an up-hill task, sn't there satisfaction in knowing you're bound up and not down ; that you're actually getting some- where? : Some 41,000 people look at it that way and are ac- tive depositors at this old bank. £47 Same Bate of Interest Paid om Large and Small Aocounts, Grain, Produce and Live Stock| FINANCI Prevailiug interest and commission. oseph 1. Weller Sh," 3 Gt £, Good Judgment E || LIBERTY BONDS | | When You Invest in FIRST FoUGHETADIdoL = S MORTGAGES || Liberty Bond Purchasmg Co. Quirtes They give ygu freedom 5 i of a R Teilns ghacuaese EQUITABLE | frohes CO-OPERATIVE BUILDING i ASSOCIATION Organized 18] 7% First Mortgages 41st YEAR COMPLETED In Denominations of $100 Axnetn . . .$4,272,086.8¢ = and Up Surplus $1,065,322.59 Our First Mortgages are secured by properties which we have thoroughly investigated, and the secur- ity had our unqualified ap- proval before we put our own money in the loans. 1| The fact that we made the loans ourselves is the best evidence of our faith in the solidity of the security, and we can, therefore, unhesi- tatingly recommend them as exceptionally good in- vestments. In amounts of $250 and up. You Will Accomplish More Than Ever in Sav- ing —by adepting the ssstematic suving plan the Equitable Buildinz Assoclation. & plan that has won fiaapcinl independeoce for tuousands. Safety is unquestionable when placed by Shannon & Luchs Main 2345 713 14th St. Subscriptions for the 80th Issue of Stock Being Received Shares, 32:50 Per Month EQUITABLE BUILDING, 915 F St. N.W. JOHN JOY EDSON, Preaident IDE, Secy. Established 1857 DAVID J. HOWELL & SO, i Engineers, Union Trust blds. Mortgage Loans 934 N. Y. Ave. N.W. Northern Pacific— Great Northern | | Town planning, Reports on and ec mical Due 1936 | dcsetopment” o st propertie.” Rouds | : = g i and ravements. “Water works Exceptionally attractive | yatetny. Reports, Valuation. conversion privilege I which may be exer- 1 cised at holder’s option. A Price to yield about 7 67:%, ot I TheNationalGity . mpany : Washington—741 15th St. N.W. | ‘elephone—Main 3176, MAKE YOUR SAVINGS EARN From 7% to 8% Interest By Investment in FIRST MORTGAGES Our conservative methods and the safeguards thrown around these mortgages by us perfectly protect the in- terests of investors. | | Partial Payment Plan, if Desired We Solicit Your Inquiry THE F. H. SMITH COMPANY Investment Department 815 Fifteenth St. Forty-Eight Years Without Loss to Any Investor! TAX-FREE | Federal Land Bank 5% Bonds l | Due May 1, 1941 ' Price 100 and Interest Yielding 59 City of Seattle Washington Manicipal Light and Power A Tradition of Safety Plant and System 6 7% Gold Bonds ! e Maturities | Another year has just been added to the March 1, 1928 more than half a century of our dealings in first March 1, 1931 s ient” Thi March 1, 1935 mortgages without loss to any client: is tradition is now 52 years old. Can you find any- where a more trustworthy guide to investment Price 160 and Interest Yielding 6% Both of the above issues are ezempt from all Federal income taxes and District of Columbdia intangidble personal taz. Crane, Parris & Co. | | dependability? Swartzell, Rheem & Hensey Co.l 727 15th Street N.W. ! Washington, D. C. T’IZ Natr'on's Home TOW'I Investment Securities 823 Fifteenth Street Established 1883 ~ Cities Service Company Comparative Earnings for 1920-1919 1920 1919 Increase Gross carnings $24,608,039.43 $19.977,550.77 $4,720,489 Expenses ..... 700,472.70 703,835.08 3,362 Net earnings .... . 23,997,566.73 19,273,715.69 4,723,851 Interest on bonds . 1941,62822 1,922,861.17 18,767 \ Net ‘tovistacks. c.sagemisditianis comisenssae 225055/938.51 17,35085452 4,705,084 Dividend pfd. . . 4,685,474.90 4,215,264.40 470210 Net to common stock and reserves.... 17,370,463.61 13,135,590.12 4,234,873 Earned on common stock S5 43.09% 39.09% 4% *Decrease Total Surplus and Reserve, $52,950,942 WHY CITIES SERVICE COMPANY'S SECURITIES ARE SOUND AND WELL PAYING INVESTMENTS The Company is conservatively capitalized. Its management under Henry L. Doherty & Company is experienced and successful 1ts producing properties are mainly located in the Mid-Continent fields, the greatest light, oil producing area in the world. Annual_production from the Compan capacity is 30,000 barrels of crude oil, w is 248 Field work is constantly carried forward by the Geological and Land Departments, proving the value of new leases, and thercby insuring a large future production. In the United States of Colombia, considered to be one of the great future sources of oil supply. the Cities Service Company controls the Barco Concession, comprising more than 800,000 acres (an area larger than the State of Rhode Island). upon which drilling operations are now under way. In addition to its oil operations, Cities Service Company controls 79 Public Service Corporations cupplying Electric Light and Power, Natural and Artificial Gas. and other utility service to 350 com- munities in 21 States and in Canada, serving a population of 4,150,000, approximately that of Mary- land, Virginia and the District of Columbia. Notwithstanding the trying conditions through which business generally has passed. the year 1920 resulted for this Company in the largest gross and net earings since its organization in 1910. Bonds of corporations whose interest requirements are earned two and a half times are classed as.sound investments. Cities Service net earnings for 1920 was an amount equal to more tuan twelve times required interest on all its bonds, and was within less than $3,000,000 of their face value outstanding. The bonds are selling to yield about 8% %, the Preferred stock about 9%. and the Common stock pays 6% cash and 16% in stock. Dividends are payable the first of each month. Security holders of record of the Cities Service Company and its Subsidiaries now number nearly 100,000, thus giving the Company fourth rank/in this respect among the great corporations of the United States. High interest rates will not_continue indefinitely. ing prices of sound securities. We recommend the purchase of Cities based on the statements contained herein. 00,000 barrels. Its duily refining 1 Stributing and marketing stations 3.361 wells is over le the number of its The lowering of interest rates means advanc- Service Company’s securities The 1920 annual report and other data will be furnished on request. Thomas W. Brahany & Company Investment Securities 510-11 Evans Building Main 6189 ‘Washington, D.C. | B. F. SAUL CO. Seeured by First Deed of Trust es Real Eotats | BOUGHT AND SOLD FOR CASM Liberty Bond Exchangé