Evening Star Newspaper, May 6, 1921, Page 24

Y s 3 P IO 3 J g ¢ ) FINANCIAL. f oge FINANCIAL. THE EVENING STAR, WASHINGTON, D. C. FRIDAY, MAY 6, 1921 FI} _—_—_———_ e e s — — ! TODAY’S BOND PRICES NEW YORK STOCK EXCHANGE {M"-U[INS IN IAX[S DETROIT BANK STATEMENTS : i : 3 Noon geices reported fo The Stac over direct | Seatoard Air Line ad. e, : g Received by Private Wire Direct to The Star Office. © REFLECT TRADE BETTERMENT | 57 i o Banntts B i SR A * _(;r Paris 6s 19; Southern Railway gen. 4s. 1% 44 4% a4 | Plerce-Arrow..... 41'¢ 41% 3 '% 9% : ey et Kailway Adv Ram 1% 1 " Uk 1| Plerceail. . 0% 11 1% W% Kingdom of ‘Trelgium S 8 50 fo |Plerceoilpr e e TN % : . . 11 . PO G. 1. wnd Treland % 5% | Pitts Coal o% a6 p. " Ajax Rubber. 36k 364 MY 2 ‘Revival in Bullfllng Operatlons and quux- i et G Brandiiretandid i Ndsknihee i e 1% sou 204 EESaaR VLK of G B and Ireland : S P o ANlied Chemical.... 46% o p l’l::: 0w R - . . . . American Te Allis Chalmers. A . dation Figures Gratifying Signs. Armnar & bo’ s Steel Seems Confident as to s ni S il e e w7 P eport Probable Payments of s Atlantic’ Coast Line Tx.. SHORT-TERM SECURITIES. . . i Am Aer Chem 3 N 3 Situation Elsewhere e e con 41t (Reported by Redmond & Co.) Future—Mexican Petrol- | Am Bank Note."" &2 il RayConone: e $8,000,000 to $9,000,000. 17, . Dadtimore Sing Giio G i oftr. f < RIS o 1% &% | Reading..... w6 TR Educating the Publi ! Haltimore and Gl S i O, eum Higher. Rupl e nw rie | Reading Tat ol T e 4t ucating the Public. L | e Cer ather o Doe4y H o v 8 eading 2d p! “ws 6 s Dinpntehes marking the progrens of | the opinion i;“:,’.:f‘"fia“"n';'.'.'."re-frfif- Ceamal Lesther T | BY STUART P. WEST. :: ety o 17 | Remington Typr.. 3% 3% BY I A. FLEMING. “Sn businexs throug! the spirit of confidence in evidence Bl W YORK. May 6.—A greater de- | Am Cotton Off L ',:::‘f;‘::‘;:;l ::w ::% n :1“"‘-; It is well that the banks of Wash- wivin, on all sides. i gree of irregularity appeared in va- | Am Drneriats :: " 117 | ReD Motor Truck.. 21 21 21 21 |IMEton are well fortificd with the de- i e Buyers Again in Market. e rious market movements today, as|AMmHMe& Lea.... 12 Ti k1 |RovalDufeh...... (9 6% % e |DOSits of their customers, for. during jons ax they really exist, are pri iVholesalers (rom cexety dlstiibut; 2| was quite natural in view of thejim Tde&Leapt. £ T #7% | 5t Joseph Lea. 2% 1 the balance of this month somewhere ‘slaily in The Star.) “':5‘"90"':; r[:(z That smaller retallers rapid accumulation of SPECULAUIVE | son Tntacmationml. :: ;:oi"lfl::nl?r:n. ) z;V- :-lhnw.-m $8.860.000 and $9.000.000 will K BY PHIL S. HANNA. and cm.)?l:"‘rn';‘p:x;hpfllmsni:[“ll‘f:“l':w"'!"'""" 2 i : > | profits on prn‘-‘viousddfl,\u AmT.a France.... st ,‘w,_s":‘n i — ;‘-;‘: ;m ol '..Immraw,. to pay real estate. per- e market for s < Y | . iiare = .. ! AEpectal Dispateh to The Star. orders reflect a steadily increasing | heliware wnd Hudson g 3 Faouis i) | w hlvreh.vf»c s sol] off. it was Am Linneed. | Santa Cecllia Sug. 3 4 i =t :lona property and intangible taxes. “DETROIT, May 6.—Business in De- | demand for all classes of dry Koods |t Sqtprtl Lien 4. wholly because realizing salcs tempo- | Am Toemostee . Saxon Motors . 6 a%idue without penalty this month, and troit as reflected by the bank state- |and notions. Hiinoin Central 30a%.. ...\ | rarily were greater in some instances et 177 | Seahoard Afr Line. 7 # 7 \thercafter. witn penally. increasing lercantiie Marine & Am Ehin & Com ot 11 tional The steady decline in reta’l prices |Intem Rapid Transit It and ments which are now being published | qocting in part the reductions of seems to have turned the corner to-|wholesalers and Jobbers, is further ward something more satisfactory. | evidenced, by advertisements of the : stomed | 1argest “cash and carry retail 2 Deuie kv Decqmac e "‘"‘, | grocery merchant in the sonuth. an- to reports of falling deposit tatals. | .. ring today in Atlanta newspapers tbut until the statements of condition | The concern operates a chain of more *af the banks as of April 28 were pub- | /pan one hundred stores throughout 1ished there has been no definite guide | Georgia and adjolning states 1a® to liquidation. The figures are out | e s . and show a total liquidation of loans Comparison of Prices. and investments of $12,511,154 since| One vear ago. according to compari- than the incoming buying orders. Not the slightest change occurred in the main position either within or ! outside of the share list. Sentiment in speculative circles continued cheer- ful and sanguine regarding the ulti- mate price movement, regardless of more immediate fluctuations. Investment sentiment was equally confident, taking its stand upon the easing money conditions and th. sus- \m Smelting. Am Emelting pf... 7% T4 Am Qteel Fdy..... % ' Am Suear. | i { Peuna. Co, 4 Procter & R.J. Reynolds To Fn. Roehu | Sears, Roebu Am Tobaceo. . Am Tobacco (BY. Am Wanlen. .. .. Am Wanlen pf. Am Writing Prpf. 8% 8% s almost ’ Am Linseed. . Rebruary 21.° While this has been isons of this »stablishment. 100 pounds | hennsrivania gen. mortg: M #K | tained recovery in bank reserves. The i «n, "% p 787,177, W ignific: d 8 3 s cisen 3 weries AL 6214 | Texas { £ v, W e xrsiu lhn‘.w le-n"grenlerlth’fler: lgqu;gul of sugar, o enbushel of potatoes, and|Seaboard Air Line refdg. 4s | Westinghouse 1931.. 09% 100 " | buyers was the factor and not any ::f:,:f'f‘{!" S a4 tlon of loans. It cannot yet be 146 other staple articles of food for { chanze in the general situation. <t Tine.. that money is easy in Detroit, but all 1§30 50. Included in this list are the Continental rates, with the excep- | Atlantic Frut Co. ‘:: sgns. including the sudden revival in|regylation 24-pound sack of flour, . L3 ltion of German marks, which were| \ttantieGuif.. building operations, show that money | jard, meal. rice, coffee, soap. bread. raln ro uce an lve toc {lower, moved contrary to sterling. | Atiantie Gulf pf. is a bit easier to get. eggs and canned goods. ’ | French francs in particular made a | Attas Tack.... Few Farm Foreclosures. Reduction in retail prices have in this ca; g i W g new high. the advance i flantic Petrolem Upstate the anticipated financial {Stimulated busincss in® the retal| FOCAL WHOLESALE MARKET. | BACPOhE S TowasloNs Raving a dircct connection with the | ARG RO - difficultics of farmers seems to have!stores throughout the district, and| Fggs—Strictly fresh, per doz., 25| BALTIMORE., May 6 (Special).—ilatest word on German reparations. | o7 0% o (e passed for good. Huron county re-|this evidence of activity. combined|Southern, 24. | Potatoes, white, No. 1, per 100 pound ich has made the outlook for an [ —" = ers, 90a1.00: McCor- Ralto & Ohio pf. No. . : v ; 20: | 90a1.00; Jorts no farm mortgage foreclosures| With a reduction in the discount rate| Iive poultry—Roosters, per 1b. 20:|90a}00; arly settlement seem brighter. by country banks, and other counuesig tfl;::eg«:;nxsnfisorve mnkcfi;:é;ux; ::gfién‘pe';pfh p?&’,"d' :po;lgxzmfihll‘fkr;t { ;:‘e‘;k;;";l. ol 40ast Paavca Dividend: ::,’»’.‘;’":‘::’,' B are paying more debts on 18-cent | restoration of normal conditions. winter. per Ib., 40a50. | hamper, 3.00a4.50. Beets, per 106, 5.00 ted its ability to absorb unfaverable | maath Fisherlen. e e o LB TS he | 355 Toosiers,” per Th. 25; Tarkevs, per| Cabbage., per hamper. 1.73a2.00. idirectors passed ‘the common share | Tutte & Superior 108 rexime of cconomy coupled with| . oLHILADELPHIA. May 6. — The chickens, winter, per Ib, | Kale. per bushel, 3ad. Lettuce, per |dividend altogether. but the maximum | ‘a880 Of-c- oo = - h‘g.b P (ll-pr:‘ed ssociation,” condemne: & bushel, 1.00; 50. Spring onions, per if"“""‘v in fhe s!o(‘k_\}ux |\A") Df"“}l “alifarnia Petrol me':v‘:lorhx"nofv::fl:h\:an"“?:nz‘x’:girtucny! zdbep ‘ederal Trade (;orr;‘Tnsflwn Pork—Dressed, small. per Ib.. 15; 100 a75; onions, per 100 pounds. land this was followed by a partial e SCRoOL ‘Teport . showing that 10 31,,"_!« Yy President Harding in his mes- | medium, 13a14; hea 10213: live. 8%. 1.09a1.50. Peppers, per crate, 4.00a !rally. Calumet ! eport, .312| sage "to Congress. is defended by| Live stock—Calves, choice, per Ib., | 6.50. Spinach, per bushel, 20a35. Peas,| The explanatory statement of the |Canadian Ps U. 8. Steamship. & West, United Retail C: Npon centimes. The dollar was quoted at 12 Norfolk & Watrn.. 9% 9 more children were in attendance dur- | Roy A. Cheney, secretary of the As-{13: | er basket, 3.00a4.50. lsmelting directors was interesting | ~ ther... 2% 40'% Tan Apetl, 1921, than Anpelh 3520, Bt L nooilon o el o nrae'.":si‘f..};?';.",\r;f'|,"2' b A 008| " Tomatoes men erate, . 1608450 Tor. the thoraugnness, with. whish. 1t ,-:";:;“'::", Pr.. B B had “been quite generally believed | ers of America, In session here. “The !8.00; per hasket, 752500 western, per | Radishos, per 100, 3.00a3.50. Rhu- |went into the entire situation in the | Jon/ oy IS0 d0> ‘0% that a great many factory workers|open-price plan in business.” he said.|box, 3.50a4.50. California lemons. per barb, per 100, 4.0025.00. Apples, per imetal trades. The widespread shu ,-'"",“.,q.,ggp 8% had left the city p“or in industry. when operated cor-|box, 3.50a4.50. Cnlifornia oranges, per | DArrcl, 3.50a7.00: per box. 150a3.50; [down at the mines severely curtail- | Chandles SO e Prospects Continue Bright. rectly and truly as an open-price plan | crate, 5.0025.50. Florida oranses, per | 100se. per 100 pounds, 1.50a2.00. ing the smelting business, s. of Thes 2% %+ Pontiac business prospects continue | 2nd nothing more. means simply and |crate, 5.00a! Grapefruit, per crate, | Oranges. per box. 3.00a5.50. Grape- {course. the reason for omitting the |ChiGreat Westn.. SR . e O oineaq | S0lely the tellifig or publishing of the |5.0016.00, * | fruit. per box. 2.50a5.50. Strawberries, |dividend. but the management made | Chl Great W pf. . o T e ey ana e hine t Price of your product to those who ! Vegetables—Potatoes, nearby. No. 1, | per quart, 15a35. the point, which is now familiar, that | Chi M1 & StP. ... 2% 90 S mpany that the Jarweat order for | 8re interested, in exchange for a[per bbl. 150a1.75; northern, per sack. Selling Prices at Noon. this drastic reduction in output is|~hiMi) &StPpf.. 45 4 5 pany that t ATE knowledge of their prices. It is ab- [2.00a2.25: new Florida potatocs. per bbl.. NONL L g RO, bound to make itself felt before long | ~hi & Northwn. Y% 1T% ire molds in its history had been; ; rida potatoes, 3 Wheat—No. 2 red winter. _spot, [; ;i : & % 101% e e STy e The plant | Solutely unquestioned that men in|825a875! sweet potatoes, per bbl. No. | ; JyheatoNo. 2 red Lihet. lin restoring a more profitable level of | Chi & Northwn pt. 101 5 o 100 ‘per cent production | business or industry seek to learn|i 5.00a7.00; No. 2, 2.00a3.00; yams, per | cih/24 No- B red winter. garlicky. | copper prices. ettty 6% 1TH May 15" 1t Is one of the very astound. | 48 pauch 88 they.can: feearding: thelr {hbl., 750085 North_Caro- | SROL 157 L ew A Take Profits. ChiRT&Pacific.. 2% 3% -+ o r-fems competitors’ lines and prices.’ ina, per crate, 2. . Celery, per 2 . l et ek 14 6% Funning from 10 to 35 per cent less! NEW YORK. May 6.—The Betts[6:30. Romaine lettuce, 1.25a2.50. Cym-| froh [07a: G 8085 T04 f | | profit-taking, but they continued to | Chile Copper. 2% than narmal } “truth-in-advertising” >law. recently 2},‘{.‘.‘;’.2»- per ':;;nle. _morl‘:xaks.,sou_n"fla ;Y3 white, 49a4914; No. 3 1hold up weil ¥ ,(::.,,',,,‘3’,.’::.; 26% In connection with the employment isigned bv Gov. Miller. “places New |Spinach. per bbl., 2.50a3.00. Kale, 2303 | y hite, 47a4715. iy Tobacco stocks were prompt to re- | cC C & St Louis... 4~ 41% situation it is interesting to note that: York state in line with twenty-one [3.00 Rer L Tepp, Dr0ad 56 per | Rye—Bag lois of nearby rye, as to|spond to the increase in the United | mopm.col 0% 0% public relief activities have been ma- other commonwealths ' that have |00, North Carelina peas, 2004450 ver| quality. 130a1.40 per bushel: No. 2|Cigar Stores dividend. which had | cors wesl Terially cut down owing to letting :adopted ihis measure of protection to TeXas onions. 200a2.35 New cabbage. | western, spot. 1.56 per bushel; No. 3, been 1 per cent a month. and was | CO10 oo up of demand for welfare. The num- jthe buving public. The laws have [PGr crate, 1752225 Eggplant, Per cfale, | 53 per bushel. raised to 2. Special strength devel- | Colo & Sou Dber of families being heiped is now | been sponsored everywhere by adver- 3004050, Tomatoes. per box. 4002825 | “Hay_No. 1 timothy. nominal; stand- | oped in shares of steamship and al- | Col Gas... % 8 only half of those at the most serious | tising ~clubs. The New York law |North Carolina asparagus, per do%.|ard timothy, 23.00a23.50: No. 3 timo-|lied companies and in the coal | Col Graphophone o time two months ago. 5'“"{ upoflr l)‘x‘e td;!u:l:‘l'?nt t\igfknt:)u‘:_'- Cucumbers, per Y rane 3.0004.00. North | thy. 22.00a22.50; No. 3 timothy, 14.50a | shares, Col Graph pf. i PP |inmiy misreprescnt gonds advertised, | Carolina peas, 2.00a4.50 per baskel. 10:801 No. 2 NEnt slover. mized. 1e.008 | \Spure in- Tekacess. i S:’:,pcf'hul“"” o% 0% Activity in Farm Area Some of the other states that bave ATV MARRET 1 oo clover, mixed. 18.00a19.00; | The spurt in the tobacco stocks e GaaotN . .:: . adopted these laws are: Colorado, ATS 4 ) No. = clover, mixed, 14.00a17.00; No. 3, | followed the declaration of a 2 per : Boosts St. Louis Trade !idaho, Indiana, Towa. Kentucks. Kan- | ‘BALTIMORE, May 6 (Special).—|1106a13.00: No. 1 clover. 15.06a16.00; | cont dividend on United Cigar Stores | Cons Int] Cal Mia.. b 0 2 "V | sas, ouisiana, MichiganL, Minnesota. |Chickens, live, young. large, .| No. 3 clover, 13.00a13.00; No. 3. 10004 | pavable in June. This was an in. | Cons Textile. 54 BY K. N. FINING, Missouri. Nebraska, New Jersey, Ne- : rough and slagey. 30a35: old, .+ 11.00214.00. créase over previous monthly pa 1% Special Dispatch to The Star. ‘c',ifli- N"g'mD:kclm “l;ymfv;ins‘ ?hl:- dom r:m:;t-rfi. l-‘»alfizd\\m‘;“h No. 1, nominal; No. 2|ments. for in January and February 5% 2 5 regon, ahoma, ode Island, nd one-half pounds and under. |straight rye, nominal; No. 1 tamgled |1} Der cent was declared and in : ST. LOUIS. May 6.—Demand for washington and West Virginia. springs, one to one and one- 57,0 S 5 A 39 5 e . 2 tangled rye, 16.00; | March and April 1 per cent. The in- merchandise from agricultural sec- half pounds. 60a65; under one pound, 'wat, 13.00a13.50; No. 2 wheat, | crease fitted in with statements 6% tions has stimulated wholesale trade| NEW YORK May 6—The cold |30835; ducks. 25a30; pigeons, per pai 2% o1 eat, neminal, 15,00 y which have recently been made on Cuban-Am Sugar. . o weather of the past few days has af- . 50a80. 0. 2 oat, 16.00a17.00. 00d ority tha e tobacco | Gyba Cane Sugar. in this district and jobbing shows A Fected retall trade adversely in spring s, loss off, strictly fresh nearby,| CHICAGO, May 6.—New upturns in | tr2de is doing much better than it | Gyba Cane Suptf... 60% €1 healthier tone. There is noticeable an | il i e byt has stimulated | d02en.- 24; southern, Z3. -, [the price of wheat took place today|Wa8 at the start of the year. Re-|gay's Hudson..... 9% 10 improved condition in retall buying.|business in other directions. Retail-| Butter. creamery, fancy. pound 372 iyith crop damage reports from the |t3il Stores and Tobacco Products| oo 5 o' Watn..:29'% .85 which is attributed to’ seasonal re.|ers of men's clothigg report a strong | 38: prints. 35a40; nearby creamery. southwest as the chief incentive.{Were the ones which benefited most | o0 O pi Gpt... % % quirements and fashlons. Orders and |demand for ~lightwelght ovércoats|34azs: ladles, 26a27: rolls 18222 |Scantiness ‘of the visible supply |bY the United Cigar Stores’ action. Dame Mines 19 indications of probable needs lead!and raincoats. and the buying of s"o‘re Dm‘kvrhb l‘fil&h ”‘{f' 'y prints, onnted also as a bullish factor. Trade Mexican Petroleum Boomed. 6% Wholesulers and retailers to expect|lightweight wraps by women also|224; process butter. 26a2i. was_active, though not as much 80! The Mexican Petroleum tip was all 8% 1his to be one of the best months of has been good. A réflection of the| NEW YORK. ~May 6.—Butter—las yesterday and fluctuations were | over the. street this rasrning. but in 15 the year. The cause of the invigora- | latter has been seen in the wholesale | Easicr; receipts, 8,234 tubs; creamery, |more rapid. _ Opening _quotations. | apite of this widespread bubiicity, It 2% tion is the activity manifested in the|markets. where rush orders have higher than extras, 46%a cream- | which varied from unchanged figures | made good. There are reports of | ETi®1stPf 3% principal farming regions. The | been placed for immediate delivery. |ery, extras (92 score), 35%,a36: firsts {to 1 cent higher, with May, 1.45 to!favorable developments regatding the | EFie 24 pf. stimulation. originating in the rural (85 to 91 score), 32%a33; packing stock, |1.45%. and July. ‘115 to L13%. were | property to be annoanced some iime | Famous Play. oY% % Jocalities, is running its full cours FOREIGN TRADE NOTES. current make, No, 2, 18." followed. by material gains all around | iround the middle of next week, —In.|Fed Mines&Spf.. 26 26 from the storekeeper in the country . Eggs—Firme receipts. 36.231|and then by a series of reactions and |side knowledge of these probably had | Fisk Rubber...... 19' 9% to the jobber and manufacturer in the | The Mexican export duty on raw and | cases; fresh gathered extra firsts, |rallies. 5 something to do with today's ad- | Freeport Texas... 17% 18 city, and retail trade in the city is re- | refined sugar has been abolished. 27a2%. firsts, 25a26%%; state, Pennsyl: [ Corn was firmer with wheat. After | yames it 1M W sponding to the bracing effects on|' Peru has prohibited the importation |vania and nearby Western hennery |opening % to 7 cents higher, Includ- | ' “Buc the street also”had a story | sen Asphalt. g% 8% Jobbing and industry. of firearms by private individuals. :\‘h“!!.lflrsxle! to f‘x:r::;;ri»;aszw&tla;lre“. ing -{luly a't [h/. u:] 63, the market | to the effect that a well known oper- | Gen Asphalt pf....117 117 River Shipments a Factor. With British industrial plants clos- | Pennsylvania an 3 scored a further advance and then|ator, who in the bear market was|g, € 6% 30a31; g B A en Clgar. While the high frelght rates have, | INg down as a result of the coal short- | hennery browns, extras. 30a31: state jeased down somewhat. banging away at the stock and talk- | gen Bleetric BT% 8% in many places and instances, caused | age, British firms are advertising to ey e g e Arits tn | s ontartool thietsame course as other | ing very much lower prices, suddenly Gen Motors u% W% - | supply American coal. rowns s, 5 ng unchanged to % | 7 hre onantitics of various crope: Tarm- | - A bill has bean miroduced at Ton- |extras, 25%:a20; storage paciced, extraicMits higher. July, 38% (o 38% and | gy was o double dp And Ho long Srhg | Gen Mot 6% gl ors’lorated on or near the infand wa- | con providing for a 33% per ceqt duty | fArsts, 28%a29: do., firsts, 27a28, climbed a little in addition before be- | operator in question was given the |Gen Mot 1%deb... S10 8 ferways have found it advantageous |on all goods imported which, owlng to| Cheese—Steadier receipts, 3,724 boxes: | ginning to recede. credit for the Mexican Petroleum | Geodrich.. arun to overcome or counteract this diffi- | depreciated cutrency, can be sold at |state, ‘whole milk, flats short heidh| Potatoes, old, steady: northern|move, as he was also supposed to be | Gray & Davis. 16 culty by shipping their products by prlcnbelower tl;:n those for which they '{"fm'“éf,f.'l}nfl;“ :;l;fll?rp:‘:m- '|:nh:;v!v' !a:k;d‘ :O.akflr: c:;:.. “l;u]kQ 40; behind the later stages of the Stude- (;rg.u«mgern pt. m ;:: boat to the leading markets. can manufactured in the United |State. wh i ‘verage i Dew. weaker, morida, No. 1, paker move. Great Nor Ore - i ; cials, 171:a18; do, average 9.00 barrel; No. 2, 5.00 barrel; Texas % LazR o 12% fe:'t‘ur{:c:;f ‘L'Euflfuu?,f u:‘:lt:ru::ll:glx:lgv:l:r?can exports of dyes and dye- |16%¢al7. jriumpe; 1100 oWk SRocsInta. I e, g:l‘l“:!‘o“;%f:“ 9% 9% ing circumstances is the heavy volume | stuffs to Japan during 1920 were val- 2 3 cars. ¥ CURB STOCKS. S MOANDE.... 8 78 of business which is moving on the|ued at $5,468.000, compared with $3,-| CHICAGO LIVE STOCK WARKET. Dry weather in Kansas and Oklahoma | Quotations furnished by W. B. Hibbs & Co. G“"s,.u_s,“, e 4% Mississippi river and its tributagies. {169,000 in 1919. CHICAGO, May 6 (United % put the bears at a further disadvantage, A | G O rKer, 1% 84 Managers of marine lines say\their} An industrial exposition of American {reau of markets).—Cattle—Receipts. | notwithstanding that rural wheat offer- Bid. Asked. ake! Mt 28 23% vessels cannot transport all the goods | products is to be held in Lima next {7.000 head; beef steers and butcher|ings were said to have increased some |Aetna Explosives < 9" | Hendee Mtfg. s which are offered. Freight is moving | summer in connection with”the cele- {She stock. slow. steady, to 15 lower:jand that export demand had been 21!1«;1‘ ol - 10 l} Homestake....... = in both directions—raw materials and : bration of the centennial of Peruvian {choice 1.300-pound steers, 8.85; bulk|checked. The close was unsettled, 2c|Aferican Candy - T i% Houston Oil farm_products to the markets and independence. Rest steers ass0; faf cows andito 4o net higher. with May 148% to iy intienet R . Huppu(a::nl:- 4 merchandise from the cities to the) London has removed the em! ecifers largely 8.85: other cl /481 and July 1.17. Big Ledge . 2 5-18 | Ilinots Cen! o rural towns and districts. exportation of caustic mueshb:;fio:: gezner:"fi'( !“;ufl) 3 bullnkh:x;l;’n:é@; rLa.u>r l“onsidgrflb}e notice was taken Ré:.;"m'x'd i el_; J% Inspiration u.v: ::: 3 ticles containing it, and potassi .25; bulk calves to packers, 8.5029.50. | of assertion that Germany would be | Boston on 2 0 Metro... 4 N ani M eesenin | carbonate and articlcs contatmng it | Hogs—Receipts, 23,000 head: active | qupplied with Danubian corn after May | Boston and W: s 1| Ieerbore et pr. . 1% 3 Quick interest is manifested in the | 3" /i iaign in being inaugurated by |10 to 20 higher than yesterday's av- 15 instead of American. The close for | Chont sy %, My | it Agr Chem pf. 46% 1% Sficial; statements. yuli hoY 14Be [ the American community in Peking for | STage: top, 8.75; bulk, § -70; PIES, | corn was steady at J;a%c to %cC Ret|Canada Copper §2 5,18 | tnt] Harvester. 6% 96% ::sk;.lm;l;r:ur::r:wlm;"vm&;y lilolal the proposed Peking American School ZJS:lg:;err;‘elgl‘lg;ulu;zz‘l)eh-ex:z;n]dmx:‘.gg-lmvnnce, with fuly 63a6314 to 6314, gt:‘h‘;tn’lfll;;l i = z'.-”. zg% 1:uunru i B% 6% €ep—] . 13,4 g , 2 a iyndicate . b 9 der cent of the deposits. The signi- | Dullding. ' It is stated that this school | 10117 1o higher; sheep. fully JLow. Close. | Carip, Trnding 1 10® 15| Ingl Mer Marine pt. 66% £8% gance of this comparison is that the | %", JEIE THED 19 00 WiLE steady wooled lambs to 11. bulk, o Light and Power. < o2 2% | {n(1 Motor Truck.. 0% 4 Bauidation and contraction of credit1® Opportunities are reported for the|1%30a11.25; shorn top. 10.40; bulk ; 4 i e e :o33% 3% lintl Truck 2d pf. o s wnder way for some time, ve ac- 9.50a10.25; 95-pound shorn yearlings, 623 631 v ‘67 1 Nickel. 2 @mplished the elimination of redis- sale of liquid s0ap to Chinese rall-[y 2% go0d native springs, 11.50. 8% 6 | Cotonial Tire Lo D%y 5% intivape 6 6% @ounts. Exceptional importance is Z g Colinibian; 213 a le OIl. . 0% 0% During 1920 Sweden imported 1,244, v as% aew 3th ggr | Columb Invincible o :.'lfi‘mi'.’.v.s‘."’u"i?".'r'éfi'u:é the :::,‘f 000 tons of coal from the United Siates. | A\GKS FIFTY-FIFTY PACT Remtember 1L 397 4075 3eii don |coumbla Syndicate 3 3y [1siandoil. % % t financial etatus and forecasting |88 compared with 1,451,000 tons from NEW YORK. May 6.—Lard firm. |Cresson Gold 15 1% { Jewel Tea pt. 8% 28 he genmeral trend of commerce. In.|Great Britain. In 1919 only 225,000 FOR CANADIAN WHEAT middle west, 9.95a10.05. Other ar- |DavisDaly - s 8" | Kansas City Sou... 8% %% areases in bank savings, -reported|tons of American coal were imported, OR C. ticles unchanged. Demlalos O 5, 30, !KausasCSoupf... 51 61 Iately. are explained by bankers as ;s"aw:gn::;:uw‘lm 1,607,000 tons of the | A INNEAPOLIS, Minn. May 6—|° _— DursntiMotors G Ke“’.“flxn":;‘ | :x: signifying _a sposition toward = 6 & i = © N ETS. Ertel 0il = ! -Spring 8% P! L aconomy. The increases represent| , Exports of explosives from South |Wheat producers, farm organizations,| . COTROY WARKETS. = - 4o Dt ™ e S nee a thousands of new accounts. Africa to Australia and Madagascar | county agents, University of Minne- | <% St (R DOLIS o “] rrell Coal . .14 17 ecott. . 2% ~'Some indications of the beginning|are being made on a large scale. x S improving demand for goods and better | Federal Oil - 11 | Kenn! s Ps .mdemdm decline in retail prices sota authorities and business men | prospects for a settlement of the British {Gilliland Oil " s 21" | Keystone Ti A an apparent. Larger retailers al- throughout the northwest have been | coal miners strike were reflected in the { flenrock Ol L..: % ua.-.;:.-smu. sy dy have taken losses and adjusted requested to give consideration to a |8teady ruling of the cotton market here | :Urel G ijleapie 1 | Laclede 4 their affairs to the prevailing! VOTE ON WAGE CUT. proposal for the milling of Canadian | ®arly today. There was also buving on | Cranada Ol 7% | Lake Erie & W. : :‘A :% dhatus. DETROIT, May 6.—Street car and in- | wheat In bond by United States mills ;’:‘e ;:;‘:fi;:“;‘;‘& 'g::;:dflrl-: {:go;;z!;f Hecla . 16 | Lake Erie a;‘ ‘;wh oL 20 (er{mrfia? "l::lfi)'el)or the Detroit united !_n":c‘;rfi‘-'«mf::l“l]’;;“; ;’;f;ng;;f'“e"‘ of and, after opening unchanged to 6 points | Indian Packing .20 t:;.‘:.::zfm: B2% 63% ‘Trade on Upward Trend, railway in Flint, Poatiac, Mount Clem-|® [2¢8! foRt M CI0E SO0y, | higher, active months soon sold 4 to 10 | Iatercontinental, Kuber oo o Loews Inc. w18 ens, Ann Harbor and Detroit voted to- | president of the University of Minne- | points’ above last night's closing, with |Jirore Verde - ) Dot tuete. % n% day on the company's proposal to re- BE e <a1| July touching 13.25 and October 13.86. | Kay County Gas ' 0 ays br duce wages from 70, 73 and 75 cents an | bo ta i L the atteation o ba moany | - Futures opencd steady. May, 12.70; | Lake Tofpedo Lorrillard. ol BY RALPH SMITH. hour to 55, 58 and ‘sg‘ cents. They had | bg Sailed Lo the attention of o mor | July, 13.15: October, 13.84; December, Lot O Siisation. | Couis & Nash .- 101 1ol reviously rejected the proposal, B 3 - 1418 ary, 14. { Lone Star Gas. ana ‘ $pecial Dispatch to The Star. s reau%mhf:d by unlo’r’x headu‘. ;?fic: :Z,‘f;‘fl oat“f,fl:hm ;\;dyerbc"';al(naedc?xl(:- “:\l'll‘-:w;‘ ao"r‘{ffi.«i‘q May 6.—Prices were | kiringaton Petrole :.nh.l!ln Flev... 45 45 ATLANTA. Miy 5-—;‘;"0 !fl“lfll has m‘;"{f:‘;_fl““"fl that the reduction be|fore the permanent farm measure is higher by 15 to 17 points during the first Manhattan Shirt. :: zl:w “meatNared the stofm of depression and | acoep placed before Congress. jhour of business in the cotton market 23 | Martin-Parry. . bulnlnesnl x-lnel‘;nlly: esvec::lly in ul:; Mr. Bell says that the prices p.:l'mday.I Continued cold weather over gk:ln" i 1% | Afaxwell Motors. .::: ;:: wholesale trade, is on e upwa } for his wheat and|the belt, easier money, the better turn Dept Stores. . trend, in the opinion of A. T. Dosser PASSES ITS DIVIDEND. to the producer for o ames for his|taken by labor disputes, both in this | Midwest Oil com: . 2 | May D e . 150% 165% ” e, T d the price paid by the consul D Midwest 0il pfd. 5 37 | Mexican 4 of Kpoxville, Tenn., president of the| yxpw yORK, May 6.—The American |flour will be determined to a large | country and in England, and reports of | Midwest Refining . 5 150 | Miami Copper. BY% 1% Fouthiern Wholessle' Dry: Goods Aaso: amount by the treatment of Canadian |more business doing in cotton goods i Nevada Ophir - 20 | piadle StatesOll.. 1% 1% : values. July traded up to 12.88. | New Cu h ciation. Smelting and Refining Company today Yheat helped values. July traded up to 12.88. | New Corneila 17 | iavale Steel. 29% 19% Mr. Dosser gave utterance to his|passed the regular quarterly.dividend | e proposal is that American mill-| Futures opened steady. May, 12. iasing Mines' Co: 4% D . optinmistic view at the annual conven-|of 1 per cent on common stock, The ltted to import from Can- | July, 12.67: October, 13.32; December, A 3| M SM. % T4 tion of the association at Chattanooga, | regular quarterly dividend of 1% per | oo Uoy D imauat of wheat for manu- | 13.63; January, 13. f Hoethwesters Ol 2, lainnstPaSSM. 7% 7% and first-hand information from mer- |cent was declared on the preferred|2d2 20¥ iding that for Pennok Ol 4 | Mo Kan & Tex. . chants throughout the section confirm | stock. nctur;o‘l’n;g“gg‘;rénv‘r:‘;omfi s Dok o i {3t | Mo Kan & Tex pf. % ;‘éfi:yiou pounds of flour. Under this DIVIDENDS DECLARED. Eroducers and Refiners’ 310 | Mo Pacific...cenes 218 z:u illers would be bonded by 5 _ | Radio” com. 1% | Mo Pacific D - e e P ectary of the Treasury while tockot Fuv | Badioprais Montgomery Ward 2% 254 o e o b :r‘;eporifr:; !.hye Canadian wheat, such 0 Consolidat o' | Natl Acme. ... 22% 224 bonds to be canceled when they have Moy 14 June 1| Salt” Creek” Producias 39, [Nati Cloak & Sult.. 33% 3% 1 Sapulpa com. 1| NatBaameling . -7 o0 o 1! Simms Petrol 1072 | Natl Lead. ... % kelly 01l 37 | Natl Rysof M2d.. 5% 5% Sweets Co. 33 | N, Copper.... 12 12% Swift International g | N vada Coblx t on the price of wheat on the Tonopah Divide . 1L | New Or Tex & M... 6 €8, wheat on ket. proponents of |, PARIS, May 6.—Prices were firm " on | Tonupah Extension . 19-16 | N Y Air Brake —_— United States market proponents, ¥l the” bourse today, | Three . per cent | Laikea Easter 1 33, | N ¥ Central. 2% 2% = e plan 2 rentes, 56 francs 85 centimes Ex- |y 5 Lght and Hea I INYChi&StL.... 48% 51% ¢ Canadian wheat d X - 1. 8. Light and Hea! 7 SAVE M the manufacture o change on London, 48 francs 30 cen- | Unied b NYNH&Hart... 18% 19% ONEY SAVE WORRY for export will be advantageous to|yin s Five per cent loan, 82 francs 70 | U= 8. Sieamshin. 5 1 1 20% v T the United States it is claimed. francs 11% centimes. Laitad Texas North America.... 69 69 avANES A% PIERIIFUL | B et Ead Con Nova Scotla Steel . s ELENTIFUL. o Tod O Oklahoma Prod... 3% 3% BALTIMORE, May 6.—Imports of Orpheum Circult.. 27%' 21% QUALITY e E S I BRITISH TAKE RAIL STOCK B SERVICE FIRST TIME SINCE 1914 : VALUE MONTREAL, May 6.—English finan- bananas this week echoed the oid |, CHICAGOD days when the fruit came in weekly | Armous Yosther SH. ] s i by the hundred ;;mg;;:d :uncl"l_ehm Armour pfd. . 14 50 80 clal interests for the first time since [ LD receipts were 92,538 bunches. The | Cudahy Packi e 18 United Fruit Compan: ,000 an bby 4 Pac Developmen 15 amount of 4 per cent debenture stock Bwitt & Co. Union Carbide . OKLAHOMA BANKS FAIL. TULSA, Okla., May 6.—The doors of the Exchange State Bank and Central State Bank, both of Keifer, Okla., and the Bank of Jenks, at Jenks, Okla., were closed on orders of the state bank commissioner and the assistant state attorney general. Pacific Oil Pan-Am Pan-Am Pete (B). 6 &% Parish & Bingham. 15% 15% Pennsylvania. B% Penn Beabd Steel.. 12 12 People’s Gas. pany 35,000, both from Jamaica, and the Di Giorgio Fruit‘Company 24,538 from Cuba. —_— BAR SILVER QUOTATIONS. NEW YORK, May 6.—Bar silver— Domestic, 99% ;foreign, 60% ; Mexican dollars, 46%. LONDON, May €.—Bar silver, 34% per ounce. Money, 4% per cent. Dis- issued by the Canadian Pacific rail- way shareholders of the company were told by President E. W. Beatty [] at their annual meeting here. Mr. 4 Beatty predicted that the renewed activities of English financiers would have an important influence in fu- ture financing. Phone Main 311 811 E St. NW.. t.-. 63 YEARS OF FAITHFUL, EFFICIENT SERVICE = de:':.":he";.'re'é&:""ld':?.g;‘“:*fi;:; cent on common stock for the quarter count rates—Short bills, 5 per cent; epnding March 3l,-Dayable-on.June-30s three-month bills, 6%ab% per cent. Pere Mrq prior.pf.. 82% Phila Company... 32% 3% Phillips Petroleum 30% 30% Cous. Cigar Corp. .16 Jape o%ported flour equal in weight to| Coms. Cigar Corp, i Joce heat imported. b 2 Waty on l’ca.wt adian wheat pre- Martlo Pacry 16 June venting its manufacture by American n:l']‘ll cannot lessen the effect of this Pms BOU'BSE an. ! PT ducer, consumer, laborer and s i 4 PROMPT DELIVERY | ||{f2,siesicss contumer, porer, oot % Poairs 8 B 22825 oy ¥ F3 & TR GERFEREGESS posidenn S SERE LR LW SiEVEINRRTAGINE . TR e e e e il 129% 8% 8% 6% 36% % 12 U% “wh 15 51 i8% 0% 15% 1% 1% 62% si% 9% Seaboard ALpf... 11% 1% 1% 1'% i Sears Roebuck.... 8% 85's 8% Y% Shattuck-Arizon e | Shel Traa & Tr " aw Sinclat-0i. 8% 7% 1" % a“ “ Yaic | Southern Pacifie. % T T 15% | Southern Rallway. #u 2346 274 ‘2% s0 |Southern Ry pf.... 6% 6% F6% F64% o7 | Stand ON ot N J. 84% [StANAOIINT ... 108 108% 108 103 a1y | Stern Bros pt. 105 11K 110% 1% 5% | Stewart-Warner.. 322 = % W o4 | Stromberg Carb. .. a% eul -y Studebaker. a 8 8% $1%| Submarine Boat... 9 9 6 | SunertorON. ... .. TH 8% “es | SuneriorSteel. ... 2% 4% 2 & " Temtor Corn (A).. 16 n” 16 17 2 Tenn Copper. M™% 0% 9% % 21 | TerancCompany... 1% 4% a1'a 1% {°f the balance of the March 15 cel with each month. Already the flow of the millions from bank deposits to the tax col- lector has started and cach day is in- creasing in amount. With the middle of the month. the 16th, to be exact. $232,000.000 Treas- ury certificates will mature, and an- other certificate issue, in all prob- 10% 1%% 10 1) 12bility will be offered, and further withdrawals from deposits will be made for investment in this popular form of investment for conservative investors As against this obligation the Treasury has to its credit from the proceeds of March 15 and April 15 certificate issues over $250,000,000 in cash. Between now and the 15th instant the Treasury will require probably all | Texas & Pacifle... 7% 15 2w 2% lflcate proceeds and perhaps part of % [Texas & PC&ON. 1% 1% (0% % pi% | Third Avenue..... 18% 1% 17 17 614 | Tobaceo Proa F% 5% T4% 8% g% | Trans Contl O11 the April 15 proceeds, this issue total- ing $190,715,500. May 15 the second installment of income and excess profits taxes will 12 12 1% 1% [have to be paid to the internal rev- enue department. This will make an- other heavy draft on bank deposits the country over and with a practical certainty of causing a flurry in the 4% | Unton Of1. U Y% | Unton Pacific. 120% 60% | (Tnion Paetfic pt... [ [ 1% | United Alioy Steel. 32 32 32 17% | I'nited Pruit. "% 1My, s 60 | United Ry Inv..... 11 11 /0% 4% | (nited Ry Invpt.. 23 33 = 53 | !'nited Retall Stre. 57 5% 53% 115% | US Cast Ir Pipe... 18% 19 18% 59 | VS Food Prod..... 2% 4% % 7 % | " S Indus Alcohol. 727 78% 2% % | U7 S Realty. % s2% | U S Rubber. 8 64% | U'S Rubber 18t pt 1% 8% | USSmelt & Ref... 74 % % 20% | DR Steel. . . B6Y% 38'a 8% | U S Steel pt. 109 10 % 4% | Ctah Copper...... 65% &6 (6% | Vanadium Corp... € 40 101% | ¥a-Car Chem..... 29% 19 2 8i% | Vivadou. % Th % 3t% | Wabash. 8% 8% % 6% | Waharh nf A...... 78% 28% n% 76 |WabashpfB...... 15% 15% 1% 124 | Wells-Fargo Exp. 674 €74 6 2% | Western Md. . 0% 1% 1% 1% | Western Mda 24 21 20% 20 | Western Pacifi 0 o] 2% | Western Pac of. 6% 7% 8 | Western Union.... 0% 90% 0« 0% | Westhouse E & M. 48% # % 8% | Wheeling &L E... 10% 10% 10% 30% | Wheeling & LE P 1% 19 » 27% | White Motor. a2 ay t© | WhiteOfl.. 6% 1% +9% | Wilson Company.. &% 42% “h % verland.. 10% 10% 10 20 -Ovidpf.... 41 &1 © 56 | Worthington Pmp. 65 66% 34 % High. Low. Last. ;:‘; Call Money % 6% 6% 5 HOURLY SALES OF STOCKS. 4 llam..... 41739 12m. - 64 0M 2%| 1pm.....8700 Zpm.....9 00 RAILROAD BONDS money market. There is one good result sure to at- tend the opening of the call money mar- ket in ‘Washington next Monday morn- ing. There may not be a sufficient de- rind for loans to absorb all the of- fA&ings, nor is it likely that acceptable securities will be available to insure large loaning on call from day to day. People here, as elsewhere, believe that the only purpose of the call loan as mad. on- Wall street is to take advantage 75 Lof the high rate of interest available Many still believe that 10, 20 or even 30 per cent may be obtained on such loans. With the daily offering of call money on the local market at the normal rates. 6% to % per cent, with prospects of slight changes either way, the matter of actual interest received will be the more firmly fixed in the public mind and the old theory of extraordinary large rates will be dispelled. Bank depositors know that thev will be paid the amount of their checks on presentation to the proper bank, if they have a sufficient balance to their credit. They should, there- fore, know that a bank can not lend all of -its deposits and resources, that it must be ready on a second’s notice to hand over the cash to the owners. Then, too, many special deposits are made with epecific date for re- | payment of the funds fixed. The government leaves millions to its credit with national banks and at irregular periods calls for the repay- ment of a fixed portion of the amount. In order to be ready for these with- drawals the banks carry their sec- ondary reserves with New York on Cl:}, the funds being repayable on call. Local Securities. There was more activity om the market for local securities, with a lictle firmer feeling, but without much change in actual quotation: Capital Traction G&s, eady at 881;; Potomac Electric Consolidated 5s improved to 86, but other bonds were nominal. In the stock list Lanston was rea- isonably active at 77, with one small 2% jimproved to 61. Washington Gas 4 |All Issues Move Up Sharply. ussi Foreign Governments Ari e Well Sustained. 20 NEW YORK, May 6.—The upward 40% | movement kept on in the bond list to- 18 |day, again favoring the railroad is- issues. Advances in this group were 121 | larger than on any day so far, run- 9% | ning from a half. point to a point and 3 la half, and in a few instances even 4% more. 8%| Among the principal gains were 2 | that of a point and & half in Atlantic 67. | Coast Line collateral 4s, which reach- 8 |ed 71; a similar jump in St. Paul re- 16 | funding 41s, to 62; a rise of one and 0% | three-quarters in Erie convertible Ds, 16%[to 39%; a gain of more than two 4. | points of Seaboard Air Line 68, up-to 13 |53%. and one of nearly four points in 4y | Peoria and Eastern income, to 21%. The rise was more pronounced in rail bonds of the speculative type % | than in purely investment issues. This {7 |was a reflection naturally enough of 40 |the bond operation for the rise in 64 |railwgy stocks of a speculative char- 16% | acter. 6% Other Issues Firm. Despite the view now taken that holders of Reading general 4s will 28% | not get the 10 per cent premium as- 2% |signed to them under the original 80w | segregation plan, the bonds did bet- 51% [ ter. They got up to 78, later falling 81% | back, however, to 77%. St. Louis and 61 |San Francisco adjustment 6s reached 22 |67, and the incomes 53 on large trans- 16% |actions. ~ Seaboard Air Line adjust- 3% [ment 58 at 35, St. Paul convertible 5% | 4% at 68% and Baltimore and Ohio 1% |887at 91 were all up a point.” South- ern Pacific Terminal 4s rose nearly one point to 71%, Oregon and Wash- ington railway navigation 4s, 1% 88% | points to 73%, while Union Pacific 18% |43 made a new high at $4%. ! 1% | Liberty bonds were again only 150% | very slightly changed. 101%] Among foreign governments the 7 | features were a jump of 1% points « |in Mexican 4s to 36, a gain of over a 2 |point in the Mexican 5s and a new high for City of Bergen §s at 97%. 18%| "¢ was announced that the .$6.500, 8% 000 Connecticut Light and Power 7s 89 |sinking fund bonds, brought out to 155% | vield 7.40 per cent, had all been sold. 2% ——————— 1% MONEY AND EXCHANGE. %) NEW YORK. May 6.—Prime mercan 13 |tile paper, 7a7i% per cent; exchange i 2% | regular; sterling 60-day bills and_col mercial 60-day bills on banks, 3.92: 5 |commercial 60-day bills, 3.92%. De- 21% | mand, 3.97; cables, 3.97%. Francs, de- 41% | mand, 8.23; cables, 8.35, "Belgian francs, i3 |demand, Guilders, de- 2134 | mand, cables, 35.44. Lire, de- 22y | mand, cables, 5.03. Marks, de- 6 | mand. 151] cables, 1 Greece, de- %8 {mand, 5.85; Sweden, demand, 23:33; Nor- way. demand, 15.30; Argentina, demand, 5 |2975; Brazilian, demand, 13.12; Mon- 12% | treal. 10 per cent discount. [ Government bonds firm; railroaa 6% | bonds strong. a2 Time loans steady; 60 days, 90 days 51% | and six months, 6% per cent. 19% —_— %! LEAF TOBACCO MARKET. BALTD . May 6.—Receipts in- 5 MORE, May 6.—Receipts i 18, |creased to 406 hogsheads, while sales 3 | totaled 423 hogsheads - during the | past week., part of the latter being 21 (Gld crop tobacco. Prices for good W |quality Holland grades remained firm, and other grades also remained 49% | unchanged. The top price for the 15 |week was 40 cents. &% | Maryland prices per 100 pounds—In- $9% | ferior and frosted, 3.00a5.00; sound 22 |common. 6.00a10.00; good common. 64y [11.00a17.00; ‘medium, 17.00227.00; good to fine red, 28.00a40.00; fancy, 40.00 18% | 2na over: seconds, common to me- %% | dium, 5.00a17.00: do., good to fine, 11% | 15.00a30.00; ground leaves 2.00a23.00; 48% | upper country nomin: 21 | Stock in warehouses: Maryland, @ [17.379 hogsheads; Ohio, -4.591 - hogs- 31% | heads; total, 21,970 hogsheads. 29% _ Ground leaves to date, 1,156 hogs- heada, slow at 413%. A sale of Capital Trac- tion stock was reported at 88, and Mergenthaler sold at 120. Clearing House Meeting. The Washington Clearing House Association will meet this afternoon to indorse a candidate for director of the Federal Reserve Bank of Rich- mond to be voted for by group 3 banks. fie resignation of W. F. Gude as a candidate has been re- ceived. RESERVE BANK STATEMENT. NEW YORK, May 6.—The state- ment of condition of the federal re- serve bank of New York at the close of business May 4, sho Tota] gold reserves, $675.479,126. Total reserves, $785.1%3313. Bills discounted secured by govern- ment war obligations for members, $323.900,560. AU otbers: For members, $275,783,- Bills bought in open market, $43- 138,954. Total bills on hand, $657.680.531. Total earning assets, $713.961,931. Uncollected items, $112,636,458. Due to members: Reserve account, $651,038,992. Total deposits. $675444,144. Federal reserve notes in actual cir- culation, $739.003,660. Ratio of total reserves to deposit and federal reserve note liabilities combined, 55.5 per cent. —_— LIBERTY BOND NOON PRICES. NEW YORK, May 6.—Liberty bonds at noon: 3%s, 88.90: first 4s, 87.50 bid; second 4s, 87.30; first 4(s, 87 ond 4%s, § third 4%s, fourth 4%s, 87.44; victory 3%s, victory 4%s, 98.00 _— OIL STOCKS. tations firaisbed by W. B. Hibbs & Co. Quotations y Hibbs & Co. Anglo-American Oil Co. (new). Atlantic Refining Co. 1 Borne-Sérymser Co. Buckeye Pipe Line Cheseborough Mfg. Continental 0il Co. Crescent Pipe Line Cumberland Pipe Line. Eureka Pipe Line. Galena-Signal 0il Galena-Signal Oil Co. pf Tilinois Pipe Line Co. Indiana_Pipe Line Co. National Transit Co. Pennsylvania-Mexi Prairie Oil and Gi . Prairie Pipe Line Co. Solar Refining Co. Southern Pipe Line South Penn. Oil Co. Standard Oil Co. Kansas. Standard Oll Co. Kentuck; Standard Oil Co. Nebraska. Standard 0il Co. New York. Standard 0il Co. Ohio. Swan & Finch Co. on Tank Line uum Oil Co. Washington Ol SUGAR PRICES DROP. NEW YORK, May 6.—There were no sales’'in raw sugar early today, although the undertone was a little steadier, and there were bids of 4.58 for centrifugal. Raw ugar futures were firmer, and { prices at midday were 9 to 17 points higher on trade buying. Refined was unsettled, with another refiner reducing prices 10 points to ‘the basis of 6.40 for fine granulated. Others were unchanged at 6.50. There were no early transactions in refined futures. INDIANA BANK ROBBED. ROMNEY, Ind, May 6.—The safety deposit vault of the Romney Bank, a private institution, was rified early today, and approximately $7,000 in registered liberty bonds stolen. None of the bank's property was taken, The robbers first gained entrance (o' the post office, which is the room ad joining the bank, and then tunnc! tiwously the wall and into-the Vil | ¥ B es 2 ' ’