Evening Star Newspaper, May 4, 1921, Page 27

FINANCIAL D. C. WEDNESDAY, MAY 4, 1921 NGTON. FINANCIAL. Orpheum Clrcu! Otis Eievator. Otls Steel. | Uwens Bottl Pac Development. Pac Gas & Elec. Pacific Oll. Pan-Am Pete. Pan-Am Pete (B). 68 & Parish & Bingham. 16% Brazilian, demand | 0 % wment hotds irregulars rail- | Penn Seabd Steel.. 1% s firm People’s Gas. a% me loahs steady; 60 d Pere Marquette... 13% € months, 62.a6% por con Pere Mrq prior pf. 8 i gt Phila Company... 824 PAR SILVER QUOTA’ bete MargDE....-. $H6 Phillips Petroleum 27 Plerce-Arrow. Plerce Oll.... Plerce Oil pf Pitta Coal. 4y 4.—Bar silver, do- eism,, 615 ; Mexican NIIW YORK, M 1 per 1% 19% 53 2% 39% 21% | house referred today to the “partici- pation of copper shares in general la% | market movements.” ‘The letter says: “Necessarily adhe: ing closely to fluctuations in the sell- 1% | ing price of copper metal itself, we Wk | find that copper shares have partici- 88 | pated in every important speculative 70 |movement in securities in recent 63 |years. Wholly apart from sensational 15% | advances or declines in particular is- 8 |sues traceable directly to favorable or 11% | unfavorable developments at the prop- erty, the average price of representa- tive copper shares has moved in the same direction and covered about the same distances as average prices of all securities. “Our point is that the copper in- 30% | qustry is responsive to the same 41 |fundamental movements as so-called 10% | manufacturing industries and copper 10% | shares fluctuate to the same extent &% | 2nd for approximately the same dura- 8 8 |tions as the shares of manufacturing 2% ga%! Industries. When speculation is pop- ular coaver shares are populan,’ ur 19% 13 2% 89 rails, which were up all around. Union Pacific first 4s gained three-quarters to 81, and Unjon Pacific 65, which last week were under considerable pressure, rallied half a point to 99%. AIl of the Frle issues were in better demand, the convertible Ds registering the largest gain, a point, to 41. Erie prior lien 4s at 53% ‘were up three-quarters, and the gencral 48 were a fraction better at 9%, % Louis ana San Franciscos were actively dealt in, especially the prior lien 56, series B, around 72%, and the income 6s, which were up nearly point to 51. Baltimore and Ohio 65 gained a haif point to 89, and Sea board Air Line 6s the same amoun to 49%. Chesapeake and Ohio con- vertible 68 fose three-quarters to 83%4. Advances of & point dccurred in New York, Westchester and Boston 4%s to 37, Soo Line 48 at 7T3%, uhlugo and Northwestern general 4s at 7. Delaware and Hudson 7s at 101, and My, Paul general 448 at 7. N N N N N N N N N N N N N N N N R N N N 111 Broadway, New York Washington Office COLORADO BUILDING Telephone Main 1603 G. B. CHIPMAN New York Stock Exchange Cletks’ Pension Fund and Letters of Credit....... LIABILITIES Income Thereon. . Reserve for Interest and Taxes........... Undivided Profits .............cooovneenun.. . | \j TOCK EXCHANGE. [Grai d Live Stock LIBERTY BO NEW YORK STOC GE. |Grain, Produce and Live Stock|[ you Never Charee on R e Received by Private Wire Direct to The Star Office. GRAIN AND PROVISIONS. LOCAL WHOLESALE MARKET. Depreciation on an 2 Bond Ex: D = ial).— | Egzs—Strictly fresh, per doz., 25; High. Low. Close. Open. High. Low. Close. | BALTIMOR 4 (Special), s—Strictly Investment ¥ Aa it 0% 80% " 3% | Pond Creek Coal.. 15% 16% 15% 16% ite. per 100 pounds, | southern. 24. 20; G 604 Jath St LW, ? ams Express... 40% ~15% | PublicServof NJ. 61 64 6 6 0a1.00; McCor-| Live poultrv—Roosters, per 1b.. 20; ° - PR S ;’l.\’: ;:g Efi 38% | Pullman Co. 109% turkeys. per "pound. - 30a33; chickens. Flrst 5AVINGS BAN . spring, per lb., 65 hens, per Ib., : [ . 11* u'n'; a?‘\: !::: :’:::‘ofi"‘" :R‘; | keats, oung, ench, 60a5; ehickens, win- e : 4 her, 100, er, per Ib., 40a50. Allied Chemical.... 46% 46% 45% 6 | Ray Con Copper. 1% Zen. 15021.00.| Dressed poultry—Fresh-killed &pring % Allicd Chemical 8% 8% 8% | Reading. --.0 - per ' hamper, 1.75a2.00: | chickens, per Ih.. T5a80; hens, per Ib. ort oes Accounts *charrman De'yber’s Program | anis chaimers. 8% 8% 8% | Reading 1stpf. % | kale, por hushel, 3oago: lettuce, Der |32 roosters. per b turkeys, per d Am Agr Chem. % 9% 8% 8% Reading 2d pf. 48 @ 48 4 lhushel, 1.00a2350; spring onions. per b, chickens, ter, per Ib. itte alls for $65,- si | Replogle Steel .. B1% 88 8% 8 | 100 1bs. 50a73; oniens. per 100" Ibs.. |L0i60. i 1 Comm e—C. X s9 | RepIron & Steel.. 65% 66% 65% 68% ; peppers, crate, 4.0026.00: | Pork—Dressed, small, per Ib.. 15; They Mean Absolute Monthly States o | Rep Motor Truck.. 81 24 21 214 |spinach, bushel, '20a35: peas, Per|medium, 13al(; havy. 10a13; live, 8. Safety, earn | ¢ Servise 5% BQMS % | Royal Duteh. asket, 3.0024.50, - ve stock—Calves, choice, per Ib. | ) 000,000—To Issue Notes. 1% | 5t Joseph Lead. I% 1% 1% | Tomafoes. craio, 1.50a4.50; radishes. | 11; lambs, choice, per ib., 14. { Due May 1, 1941 St L & San Fran 2 3% 22 23% |per 100, 3.00a23.50; rhubarb, per g G ., 3.00; BY L A. FLEMING. l:;: StLouls Southwn. 1% 28% 2I% 2% [1.00a5.00. T s.n(;‘l:'e::rf;:;;:&;}ggge;b?‘:e:s‘:n? f.e: - Victor B. Deyber. presidont of the | AT ChicleCo, ... 28 #4 24 M |5t LoulsSownpl.. 3 s & 81 | Apples, bbL. 30a7.00: box APPISS | box. $50ad50. California lemons. por Price 100 and Interest Second National Bank and chalrman |ymnypvias”. ) 6% 6% 6% 6% |Saven wreiom oL fn B D% DX lomanees, box. 'hn0asso: wrapefruit, | BoX: 3.50a4.50. California oranges. per Yielding 5% of the program committee that Will | Am Express. 128% 120 128% 129 piod ; strawberries, quart, 15a35. | (0 Grapefruit, per crate, o) v make arrangements for the addresses | Am Hide & Lea. ... 11% 11% 11k 1% i elling Prices at Noon. £.0046.00, d i on banking subjects that will preface | Am Hide & Lea pf. 504 52% :M :f 8 red vinter, spot, Veln‘:-llsrl-lu—rntmoes, nearby, No. ‘: and require no - 5 Am International 51% 62 »: = vi . garlicky, |per bbl. .50a1 ; northern, per sack, . ey Salghe e s “’;‘l:fl‘_"‘c’:‘“g 2DnUal | Am La France..... 104 106 104 % eateaCobpercic- WK MK b S 20 new Florida potatoes, per bul. | | attention | el'ty o' Sflulfi meeting o e bank Am Linseed . 4% 4% 46% 45% |Shell Trad & Tran. 41 1% 5 per barrel on all :_sweet potatoes, per bbl, No. || h & L | convention at White Sulphur, has|\mTocomotive... %% 91 % 9 |SinclairOil.,.. m% % 2 |Erades of western flour was an- o N T Caro- Shannon uchs | Upward Move 1 completed the personnel of his com-|Am Loco pf.. 104 104 104 104 | g)oue Shem. nounced today. 1 ettuce. North C ' effield. 4 43% M i € 2 c. 3.75 per|lina, per crate, 2.00a4.00. Celery. per - mittee. Am Radlator. W% 0% 0% So Porto Rico Sug. 61 7 61 e | Corn—Cob, prime, vellow. 3.5 per| /0 B0 Florida _celery, 4.50a 713 14th Street Under W ° Jis selections are as follows: R. V.|Am Safety Razor.. 64 6% 6% 6% |Southern Pacific.. 75% g loe <[ 6.30. Romaine lettuce, 1.2322.50. Cym- || Main 2345 ay Mausicipa) Light and Power e malest 3 Moran, George W.|AmShip & Com... 1% 1I'% 10% 10%| Southern Rallway. 21% N e biings, per srate, Florida, nn-.u.fl_o’ ain ] % Fieming, Howard Moran. Geors 7| Am Smetting .4 4% 41 8% Southern Ry pf. 5 ®he: No. 3 white. | Spinach. per bbl.. 1.5 Kale, 788 | e ———— —_— Get our Review of the mar- Plant Systemib White, k G. Addison, ir.; Edwar: 9% 0% S85% 90 48 250 per bbl. Peppers, per basket, GRANT F. CHASE, Gold Bonds J. McQuade, James Trimble, John 2 12 M%7 ag lots of nearby rye, as to 400, North Caroling peas, '.oua‘«.v‘-:v:‘;; i Public A t and Auditor ket, which discusses the situ- = b n, B. A. Bowles and John D. 8, v :m b Stem B{ovsvnr . 109% 1.30a1.40 per bushel; No, 2 S:fr as onlone. 2004836, New cabl l ‘?wc ccg,lnth lllmo : ation from the Maturities ard Am Tobacco. .. 121% 124% 121 ewart-Warner.. 824 82% 82 | western, spot, 1.541¢ per bushel; No. |BC ot B e o ., 4.00a5 2 oodward bldg. Tel. Main . Bystems “«av.-r‘{l of this committee have serv-| Am Tobacco (B).. 122 198 I?I% 172% | Stromberg Carb. “ 4% 4« |3 1.51% per bushel 5.00a7. ’55?,:.“:35, :;L:;.x. o ‘(‘;ozv. Tostalled. Perlodic audits. Income tax matters. SPECULATIVE March 1, 1928 e at previous conventions. and should [ Am Woolen. . . o % T . Studebaker. ... 8 o | H mothy, nominal;atand: Cucumbers, per 'cral:. 3002 position. We particulatly March {1,, 1931 a to make the - | Am W £ o o ™ 9T ebaker pf.. 00 -2 tm Caroli , 2.0024.50 per . ‘ I e e s «'n"mfifix.”"" L% ek n: :}": Submarine ‘Boat 9:’ T m_,m-':_?nv"'fl‘"r""‘;;‘,'j,- 150 orth Garolins, peas ¥ scestof March '1, 1935 Distriet, as well as the largest of T I Superior Of1. 8 "2 ligd " mixed, 16.00: i 1 Li annual gatherings. Ws e s 3 2 liEt clover, mixed. 16,003 STUDEBAKER Price, 100and Interest Loeal Securitien. L 5% T T% . o% 2 clover, mixed. 14.00a17.00; CALIPORNIA Yielding 6%, There was a very light attendance | Atlantic Gulf. ax a4k 8 . % 00a13.00; No, 1 clover, 15.004 | CHICAGO. Ma; PET. ©f members on_today's scesion of the | Atlantic Gulf pf... 35 36% 36 % |Texas & PC&ON. 27% No. 2 clover, 12.00a12.00; No. 3. | 7500 1, 32", UNITED FRUIT Jocal stock exchange and the session | Atlantie Petrolem.. 21% 21% 21% 21% ] Third Avenue..... 16% 50: sample hay, 11.00a14.00. | oo J5E00 Fop, was productive of scarcely any busi- | Auto Sales. o & 4% 4% |Tide Water Oil.... 174% 0.1 nominaly higher: bulk beef steer: Dess. 1% 12% 12% 12% | Tobacco Prod 3 1 tang : 5 tockers Write ani ssk for 5. Auto Sales pf...... 12! 1% Luses 68 Yo nominal; Mo, o butcher stock, bulls, calves, stoc Svontitios Bultotia S5 Washington Gas sold sparingly at|maldwin Loco. 0% 1% W04 TransContl Ol... 12 e Y e -der: eady; bulk fat cows 414, and Metropolitan Railroad 53| maito & Onlo s ro% 374 2| Transue & Wilms. 3% as% e asw | \300RIBS05 RO, 8 WICCE, o o; bulls, largely The small saver can be- mt 92, 50 Unton Ofl. LA ey e eal calves, mostly 9.00a : & Ralto & Ohlopf... 50 B0% DO -..eeeee 224 2% 2% 21% | o4() 16.00217.00. § AND o the ATt MeNlon thix menning 24l | Rarnesdan () 2 : " GIeAGO, May e o ieia otnda ||| Snoan mvesor under DILLON 2= CO. arising from the sale of Treasury | BethSteel... ing new upturns in wheat p S A B Rt this plan. STOCKS—BONDS o certificates of dute March 15 to pay | Beth Steel (B). day. the markct showed a noticeable EI' Lt butchers well sold A 1o their federal reserve regional | Reth Steel 8% pf | tendency to react from the adyances A a5 55: bulk; As current savings ac- 32 Broadway New York banks by Thursday 50 per cent of the | Booth Fisherle: which have been thph rule "nful‘:;_l"t;]. i to 35 higher; bulk cumulate they may be whout tho heaviest draft the Sccre- Sk!yhgav'fl’ L 88U 90 8% 90 UOnited Retall Strs. 53% 66% 68 55% rh(‘r;flrt(nf several houses with east- s 22.000 ]_N'ad.l u{ed bond that e]ds— tary has made on this fund. urns Dros IL 5% 5% 6% B%|DSFoodProd..... ss% #m% 22 228 ern connections. On the bulges. how. to 2 lomer: eptly t» w A like amount still remains with | Butte Copper...... 15 18 15 | USTndunAlcohol. 73% T8% 7% 1% | ever. selling pressure increased gnd O A Pehaeniy he banks plus the entire subscrip- | Butte & Superio 8 1% I%|USInaAlconolpf. ° 9 &+ f9>+| the market weny N D Towers " aome choice. 11:50; " sheep 10% wrTH i the A - 2 o 's finish. Opening quotations. . -50; q 5 o . . e ertifantapril 15 Isue of Treas- | (ol mta Poke... 0 6 6 % | 38 Rubber T % 8% 7 | 9AXS DR ¢ o Unchanged fAgures | steady SAFETV Open 8:30 A.M. Dail 3% Paid on s‘!fl_‘ Tn a recent communication addressed | California Petrol.. 6% 4% (6% USRubber 1st pf. 101% 101% 101% 101% | {0V TN VO G May 1.4215a1.431 2o Representative Fordney, chajrman | California Pet pf.. n 1;';'6 e l;;‘ USSmelt& Ref... 8¢ 84 33% 38%|.0q yuly 1.1 112 were followed by e ———————— o o % . of the wavs and means committee of | Canadian Pacific.. 112! moderate ga all around an e lay a copy. se, S = % 8% 8% 8% cral setback. R N e L o R s w0 O o || E. Ho Rollins & Sons || . SR SSTR any Sourcesof Information fom of issuing Treasury certificates | contra f.m T T T After opening unchanged to 1 high- Eeunged 1670 monthly, and would, when monetars | contral LeathPl-o TL. oo 2w % or Cineluding July at 63%a63%, the 416 Woodward Bldg. . - : 9 ctfl Eonditions warranted. issue motes| o ilerMotor... 84 Bk 83 market underwent a ag. 15th & H Streets —relating to business and industrial conditions, having three to five year maturities, | Chandler 3 @ 6% 6% Oats were governed by the course A asser i i i Rankers have expected action of this che:_&org.e..i;.» B me TA 8% of other grains, starting unchanged Waskington, D. C. 3 while wide open to a big bank, are closed to the character for some time, but the offi- | Chi Grea! oo July 38%aid8ie. o Sz 3 cial announcement has now been 1w 1A 1B . Phone Franklin 3463 average individual. That’s one of many reasons sade % | Welie Porge e s on hogs gave frmneas | § - Bon, | U0 sen Fresee” why even the small business man should maintain The Treasnry h: o o ells-Fargo Exp. 65 €6 65 65 isions Chieago aver 1B g $2.561195,000 of cortiicaiamTe 6% | Western Md. 1 10k 10 10k | CpDiateesold, weak: receipts. —— 1 ith his " : the next two vears $7.578,954, 30 : Western Md 2d. 3 northern whiie.’;ax'k»d‘avd bu! New England Oil close contact wit is bank. tory notes. tax certificates, loan cer- f.. €8% 6% 634 Western Pacific... new, firm: Texas triump o 4 tificates.” Pittman act ana special | CPIRI&BIHOE - 0% 2% e 7 | Western Pacpf.. - a4.50 pef. hundreaweights orita, _ Refining Compal;lyd Modest checking accounts are as welcome as any :;‘;;:"md war savings stamps will | (b Sa inp” 12% 12% 12 : Westhouse E & M. . 8.50a8.75; No. -2 F.""J Mo{;g.zle f%wsrn s other at Washington’s OLDEST National Bank, and the 3 Westhse 1st pf. o ue March 1, . . ; 5 3 - 2 s T‘x:lx'wu:-m‘l:r;x!mnl?z ‘T’h’;’:’“,{’m:‘ ? g:?&;:”r 29 » L R Price 98 and Interest $5,000 Life POIIC]. $57.35 benefit of our experience is an advantage to which every 0006 Ty P ol ol aod o 3% :am ::“ 113 100% 1.09 to yield 8.30% o5 0., Jna date ot Heth for Mustration customer may have access. mainder refunded b4 8% 61 L61% Send for Descriptive Ciroular | M. ROY Gofl Insuranee Adviser A 5% per cent rate will be about o o W & 6 €10 Woodward Baiiding. M. 340. I o o the mzhest expected on any short- e o - z:::;: Sompany. pib I.oan b N tl al M tr llt Bank e issue. & oo 306 A certiflcate lssue is likely May 6 |Cons Distirbutors.. 8 8% 8 84| willys-Ovidpt.... % to aton € ow an Decannounced, or it mas ba dslared | Cons Intl Cal Mia.. o o DR DATRY MARKET. gt A el Capital, Surplus & Undivided Profits Over $1,500,000 until later. 'On_the date named | Cons Textil % High. Low.Last. | parrrvoRE, May 4 (Specia.—| Joseph I. Weller &2, Wik L Frost gLt $232.000,000 cortificates will mature, [ Cont Can.. | CallMoney..... #h o 05 | R e IatED, DOURE, | s i 1 CT bME ¥4 830 ¥ 2 Over a 15th St., Opposite U. S. Treasury—107 Years Old 3 maton Dividend. 781 {0a45; rot d staggy, 30a35; old, Products. RLY SALES OF STOCKS. 40445; " yoneh ! Quarter Directors of the Lanston Monot gorn 2 HOU| 30a35: o1d roosters, 15a16; winter, 2% AB| { company.Tat ineie Tegular meeting | Conen Sacoly 8%| 11am....2670 12m....... 0580 |pounds and under, 50055; springm, 1 EQUITABLE of a held in Philadelphia vesterday, de- | CTUCIDIO 00 - 8% | @ 1pm 53100 2p.m. 12600 | fo 135 pounds, 60a65; under 16 ounces, || CO-OPERATIVE BUILDING C clared the usual auarterly dividend g“fib"l:‘i’;"" 3% 0a55; ducks. 28a32; pigeons, per pair, ASSOCIATION | 7 '""":" of % per cent. pavable May 31 n-. e ! guinea fowl, each, . N [ shareholders of recora May 1. o+ '° | Cuba Cane Sugar.. 19 24 14 = A s Joms off, striotly fresh nearby, e SUR N l"lmw:a:cc e International Finance Corpora- | Davidson Chem. . 24; southern, 2: Orz: & tion has maiied checks covering a 43 | Del Lack & Wstn.. 244 5% 1244 25% o tter, ‘craamery. fancy, pound. 38a 41st YEAR COMPLETED Business per cent semi-annual dividend to all | Denv & Rio G Df. 1% 1% 1 = 37; prints, 37a39; nearby creamery, Ansets .$4,272,066.87 preferred - stockholders who have | petroit United. s € 6 68 33a34; ladles, 26a27; rolls, 18a22; store N i made full pavments on their shares.| pome Mines....... 20 20 18% 19% packed, 15a16; dairy prints, 20a24; Surplus . -$1,065,322.80 This is the sccond divigend payment | g Horn Coal.... 22 2% 2 2% process butter, 26a27- You Will A lish . Over the Million Mark. Elkhorn Coal pf... 40 4% 4 &% CHICAGO, May 4.—Butter—Higher; ou Wil Accompis i Who Pays ? The two chief elements in investment are SAFETY and Jhe Anacostts Bank, the stock of | Emerson-Brant... 3 8. A e creamery extras, 32; standards, 1% More Than Ever in Sav- = s YIELD. The speculator sacrifices safety for possible which is own the Conti -Johnso) ; Soats it —Higher: Te . 22,2 2 75 4 h ly 7o Trgst. Compasy,. haa-crossd. the. il fl‘,’,‘,‘"“’ W O IR M S Firats, 22a%2% ordinary firsts, 18a19: || ing Every time you see an high returns on his money. The too conservative lidn-dollar mark In total resources. ¢ 19% WY 19% 20K at mark, cases included, 20a21%; —by adopting the systemstic saving pian automobile accid man sometimes turns down a good yield because he Maurice Otterback, president, is to be /% MK 18K UK wa“ Street Believes Move standards, 22%. RTah a of the Bquitable Buliding Aseociation, a h cident ar fears it is not consistent with safety. SR Famous Piayers... W 0 1K # Foitry. aiive—tnchanged. || fas toechas"won” Sasncit' fdependeace ear that a car has been The IDEAL INVESTMENT is the one that gives BOTH 2 < =y Famousplayerspt % % % » Will Aid General Readiust- T ists Gots. | Crenmary. hish: stolen it means a léss to safety and yield. Washington Stock Exchange Hi g I er than extras, 28aisk; creamery ex; JbecTintione fer (e some one. We are offering stock of the INTERNATIONAL 8 (92 scor ; firsts o o & R A Washington Gas Tishioio at 41%. e .,:““ ment of Wages. ety 34a37: packing stock, current 80th Issue of Stock Automobile insurance FINANCE CORPORATION as an investment that in- AFTER CALL 74 make, No. 2, 18. Being Reeeived can not prevent accidents, sures safety and excellent return. Safety is found in Metropalitan R. R. 5s—$1.000 st 92. 1S Tb% B 116 BY STUART P. WEST. Eggs, easier; receipts, 42,038 cases. i : 2 the success of the institution and in the character of Bid and Asked = Ed - 4 Fresh mathered, extra firsts, 24%ail Shares, $2.50 Per Month but it promptly reimburses he leading Washington business men who are man- and Asked Prices U | NEW YORK, May 4—The 20 per |261;: state, Pennsylvania and nearby e O i| the insured in the event of theleaCmg:vas g ia 4 fit BONDS 88% [ cent wage out by the Steel Corpora- | western hennery: whites, firsts to ex- AiBex) Cent, Infersat nt o aging its_affairs. The yield is present in the profit- PUBLIC UTILITIES, 4 tras. 28a32; state, Pennsylvania and a loss. able business which the corporation is conducting. ol i o ;s:;-m.: * stimalating effect upon to- nearby western hennery browns, ex. EQUITABLE BUILDING, Let us quote you rates PREFERRED STOCK PAYS NINE PER CENT. 4s.... 7BYG ¥R stock market for two reasons: | tras, 30a31; do.. gathered browns an. i X . i P 2: Gray & Davis..... 18 18 15 15 | First, while a wage reduction has |mixed Colors. firits 1o extras, 5alt: 915 F St. N.W. It will pay you to write or ul‘;phi?ne (orfa| b‘:\o:‘lll!"nm:!- | Great Northern pf. T0% 124 0% T84 | been talked of and expected for the | J.0T45S, Packed, cxtra firsts, 283als; O SO RO, A lining the progress of this Washington financial insti e . i - |18t month, fow had looked for 50| Cheese, * unsetiled; receipts. on2|| JRRR FOL ERp L R S sutiqn: o aud l.,l,‘mm, 713 | 18T8® & decrease. Second, this action :u]:lu: st el whgrlyfizrmk&o"flu'v“:a':‘ 2 2 : 5 B- F- SAUL CO STOCK & COMPANY faction B Re . Jd specials, 20a21; do.. average | ks I Sibnrban S . 2 |by the leading industrial concern of | run, 15! state whole milk fats, tresn| | IBERTY BONDS * E. R R. 5. 8% | the country wiil, it is realized, en- |specials, 17%al8; do., average run, 17. Automobile Insurance P Hupp Motors. . 1 | courago other oompanien which ‘have e BOUGHT AND SOLD FOR cAsSH Investment Securities been hes ng about 6 W ‘e Make ral Loans on em °. }{,};‘,‘:};,fi“"“ S e 8. o8 ’: ton to tke the sams soure S COTTON MARKETS. Liberty Bond P 934 N. Y. Ave. N.W. Main 736 734 15th Street Inspiration 26% 16% 35 ge%| That the cut in steel wages will| NEW YORK, May 4.—There was a 920 F St. N.W. v Ipterboro Metro... % % % % [h3Ve 2 particularly dofl;lbaann: upon |renewal of Wall street and commis- S¥e Wi on Rwy. and Eiec. e rallway wage problem is quite |sion house buying In the cotton mar- Wanh. lng. and Brec. G. 3. [nterboro Metpf.. 13 13 13 1% |evident " The rallway brotherhoods ket at the opening today and frst s »» MISCELLANEOUS. AT Chem Df. 6% 6% 46% will find it increasingly dificult to | prices were 4 to 10 points higher, al- Gilt Edge Jiigks Realty 5s (short) - |Intl Agri L. make a case for the old inflated war | though Liverpool was lower than due. hington Market 5s 80 v=22: | Intl Harvester. . % 8% schedules where steel operators are | After selling at 13.20 on the call July 7 ‘Washingtoa Market Ss (1947) K —m—es | Intl Mer Marin 15 | being required to make a saarifice as | reacted to 13.06, but soon steadied up 0 & STOCKS Intl Mer Marine pf. 6% E6% (5% 66 |big as the one involved in the new|again, although reports concerning FH e RO Intl Motor Truck.. 39% 39% 39% 89% | problem of the Steel Corporation. . |prospects for war reparations were || Fre 4 L FOBLIC S on ot} Nickel . 16% 16% 16% 16%| That the connection botween the |confusing. st oflgage otes o &% 6% 6% 65 |the steel wage cut and the proposed| Futures opened steady: May 12.65; 0% 0% 20% 20%|T@ilway wage cut was foreseen the {July., 13.20; October, 13.85; December, Now on Hand %K 4 market clearly showed. 14.25; January, 14.32. In Amounts of JewelTe...coo0e 10 10 10 10 inf‘m“::y:mfkfh"" quite as prom- | NEW ORLEANS, May 4—The con- 8250 U t $5 000 Kansas City Sou T % 6% 26% iy teng:. e steels, 'whlle the | {inued cold weather over the belt put p o y KansasCSoupf... 50% 6% 60% B6O% e g »;“‘yh WI: upward in the|(he cotton market higher in the early Kelly-Spring Tire. 49% 63% 49% eronp. howerer eagay. In neither|irading today, the more active months Now I8 the time to invest, but Kelsey Wheel..... 1% (8% 68% 6814 | marked. Sten) comrn the rise at alllgaining 5 to' 10 points in the first |} only in securities that are abso- Kennecott. .. iy | mipkef, Steel common contented it-|hour of the session. July touched || lutely safe. Don't take chances Keystone Tire. WK 17K 6% 16% | followed 'b3°':‘ :g:f.e'»‘-cen‘}! ll?;’n‘;‘u‘l”‘ 1274, Poor cables and unt‘t;rldaimy and speculate with your savings. ar ! tics prevented any LackswsnnaSteel. 8 MK 83 8K |fluctuations later in the day - The | Svey e rating on the long We look after all detatle Luke Erie& W pf. 204 21 20% 21 |early gaing In the rails likewise did | yiae. furnish guaranteed titles with Lee Tire & Rubber 2% 29 1% 2 [not exceed a point, and the later|*mutures opened steady, May, 12.17; all notes. Lehigh Valley..... 434 (0% 49% g% |movement with them also was vari- 12.65; October, 13.31; December, Lima Locomotive.. T9% 79% 79% 793 |able. January, 13.81. Chas. D. Sager ST OMBA Loews InC.......o 184 18% 18% 14| Outelde the stock market the main| "y /i rppoor, May 4—Spot eotton 3 adprican. 5o BEEST 0% UK I e whin reached n Tarone | quiet; prices steady: good middling, 923 15th St. N.W. Ctienta) Trasy o4 Tro % % | volume with a more uniform advance | #-63; fully middling, 813; miadiing, Loan:Dept:; M. 38 WAS ? . e ST YT i i 5 2 than at any time In the last month. - | 133; 0% middling, 8.4%; goo nr ‘Washiogton Loan 265" { Maxwell Motors... 6% 64 6% 6% Freeport Texas Active. 4,000 bales, including 3,800 American; | ~ oge e 1k W e ool Thelwtrengthinnd astistty, 1o Free| ooy, Condensed Statement of Condition May Dept Stores.. % 9 9 port Texas is due mainly to the re.| Futures closed quiet and steady. 7% REAL ESTATE NOTES § i Meyican Pets.... M3 W% l6% us |Placing of stock sold around 50 last|May, 7.97; July, 8.27: October, 8.57: 0 at the Close of Business Merchanty e e m zx @ (Year The situation in the company's| Decémber. 8.69; January, 8.73, gnd Conservative Valuations o SR, MSSLST G U o i | Bl bl Sndterne n AT ik ¥ April 28, 1921 Shlas Saviexs e Midvale Steel..... 29% ported to be favorable both from the Seeured by first deed Washiogton Mechaniod somon Minn & StL(0)... 12 1 1 |sulphur and the oil proj &4 & veeeens 21 seass properties. The FIB INSUBANCE. Minn StP &S 8 6% 6 company has several steady produc. Sf teswt o Rinh sinwe RESOURCES R e 1ol | Mxico Trom, whieh e iaken Hns bl e Bepeeme $ 3,552,385.22 Mo Pacifie. s , from whicl akes 4,000 bar- makers. io P: '3 9% 18 39| rels dally for its own use i ulrom&nh sesesee 9 y! o o PacifcDE. ..o B 19 18 ol ally for ia own use in the Cash and d Montgomery B ard % 3% 3% o% | mainder in sola - e ze GLOVER & FLATHER U. S. Bonds and Notes and other Bonds and Securities. . ..... 6,622,408.7 T a > o ‘The sulphur indust: in this ¢ s i Cotmetia Tile SatlLead oo T T Tk T0% | prctcaily et T s conntey | 737 15th St. N.W. Loans and Discounts............... vevee.... 16,214,179.29 teal k Ne . 2 he world at the t - o i Cobimbia Granh NewOrTex&M.. g8 & & @ |cauwe the forcign felds were piayed B Clerks’ Pension Fund—Investment. . ........ el 50,000.00 o it sl N Y Air Brake. out during the war. Sulph < EW YORK, May 4.—The upward| o — loa 9 1:akhil H NYCentral o[ W4 T4 6% 70| ing ow e 3108 ton, 8 eompased | artt was vers weneral in the bond mar | N2 TR Customers’ Liability Account—Letters of Credit. . .......... 67,126.00 $ Y Chi & St with_a pre- 2, ! > N :h:'.f CHLI & s 5 55 |the Fro-!‘p;rc‘v"‘l'relec:o::tnl’nzy' Invenc| ket today. At the same timo with the | N Accrued Interest ......... SR abele seiwne 222,762.61 ute N Y Doek. . ©BI% 8% 8% 8% m;m all of its products at $15 a ton. |increass in the upward impulse there|N Snldry Assets : o AN 5’525_“ Janse NYNH&Hart... 166 114 16% L% | Another polnt e that the newly|came increase of volume. In bond dr-|N . 4 S s AT Rt T 1,649,971.85 sy S N Ot & N etrnn. s s S se"|Tank board of directors is also the|oles it was freely predicted that an ur-| N FYAFTIMAN 0. Banking Houses and Real Estate Owned. . . ceeenes 1,649,971 ————— N o Paciie,. 1 1% W% W% a0 of the Freeport Texas board,| ward movement similar to that of Janu- | N o ' AND EXCHANGE. Nova Scotia Steel.. 84% B86% 38 84 Action in the Coppers. ary was under way. N MEMBERS: $28,384,359.56 NEW YORK, M Oklahoma Prod 3% 3% 34 3%| In the fourth of a series of copper| The most conspicuous group were the | N ¥ & Ontario Silver. 5% | letters a prominent Broadway wire N \ 5 N $ 3,400,000.00 2,000,000.00 1725,766.94 21,990,931.41 51,866.67 46,388.99 67,126.00 2,279.55 PO Y $28,384,359.56