Evening Star Newspaper, May 21, 1921, Page 7

FINANCIAL TREASURY GALLS THE EVE NING STAR, WASHINGTO D. C, SATURDAY, MAY 21, 1921—PART 1 NEW YORK STOCK EXCHANGE.|CONSUMERS STAND WEAKENS: RETAILERS NOW STOCKING UP Received by Private Wire Direct to The Star Office. Grain, Produce GRAIN AND PROVISIONS. n FINANCIAL. and Live Stock| LOCAL, WHOLESALE MARKET. 9% REAL ESTATE NOTES Conservative Valuations 2 ial).— | Eggs—Strictly fre er doz. Open. High. Low. Close. Open. High. Low. Close. BALTIMORE, May 21 (Special).— | &—Strictly fres per . Adams Express... 4 4 % 43%|Kelly-Spring Tire. 4% % % % Potatoes, whité, No. 1, per 100 pounds. | Sodhern. 23 red &y @rst Geea Adv Rumley 16% 16% 16% 16% | Kelsey Wheel..... 65 b5 8 65 90a1.00; Cobblers. 90a1'00: McCormicks. | Live poultry , Seen y firs Ajax Rubber. 32 32 82 382 |Kennecott. .oou% 2 2 A% 5 t & t‘:i:i?\l' l\‘?hol_l'?:'soé;\:::'sntv“:ruh;r;‘el Rmi;fl-}!‘mmlrh "2‘ i (r‘h;‘r'nf“ of trust on high-cless ! y Alaska Juno. ... 1% 1% 1% 1% |Keystone Tire. U W% W % R I d M l‘lan S A T 1( T : 5.50: beans, | keats, you kil properties. Responsible Allied Chemical... w5 W uis ) Lackawanna Steel. 4t 49 fig o ePOrtS ndicate erc re a lng J00s8.00: T ‘3;“;".“5‘;,‘;' e s SRunEs B mukers. = ed Chemical pf 91% 91% 91% 1% |Lake Erie & W.... 121§ 12% . . T.00a3.00: beets, per 100, 4.00a8.00; as- | Drogs : \ . AlliaChalmers. ... %% 3% 3% %% LakeErie&wpf. m z = 2 | J, Hish P G d. d S 11 100n3i00; beeta, per 100, 008800, A7 | Dressea poultes— a_soring From Proceeds of Last Cer- [anis Chaimerspt.” 7o LecTire s huvber 3w % mu mw| Lsosses on Hhigh-Price oods and delling 0 T3 Soms ob: - cabbage, * per | 5oL ron Per Ib.. o .ol GLOVER & FLATHER Am Agr Chom s Lehign Valloy..... iy % 2% 824 26a2.75; kale, per. bushel, 40030: | 1b' - 55038 ehickens, ver b, | 737 15th St. N.W. - . ‘m Beet Sugar. ... 38% ews Inc. 16% 16% 1% = 1 R 1 1 lettuce, per bushel, 75al.50; SPring |;oao. 3 i e tificate Issue—High on |im Boscn. aoio iovs e e e e e I a i i Margm on Replacement Values. |l p.'-‘rsmo. thaso: ‘ontons; g |y, i AmCan........... 20% Mackay Cos. .68 68 6 68 poumnds, 75a90; cucumbers, per ba + | mediu | = e H O " 5.00; 3.00a4. am, 13; I Preferred. Am Car & Fdy. Mackay Cos pf. 56% 56% bB6% 66k 3.5045.00; peppers, per crate, 3.00 i 3 M Lo Railway Pre Am Coitonoi ManhattanTiev.. 4 @ 4 4 | There are unmistakable signs ac-| Considerable disuppointment exists e e 11}“1:;“,',‘"2;;0“‘,_’“;"{ S oney to an BY L A. FLEMING. m Druggists. arket StRy.. 5 cordin ! m | in many sections of the country over|P4sket, 1.50a2- 5.50: rad-| - Cholce,per b, 13 y e & Am Express Market St Ry pr pf. 42% 8 to business dispatches from |} "Continued inaotivity in the bulld. |, Tomatoes. per crate, 1.50a8.500 TalC| Green. fruits—Apples, per bhL. 300 | SPCUTgl b s Bond ot L e taaion The expenses of the Treasury De-|Am Hige & Lo i T A various sections of the country, that fing trades. This is due to many rea-.|ishes, per 100, 1.502.00: rputerh, 0T, 10,00 westorn, per hox. 450 Cali- BT Weller 420 Wash. 1. & Trust partment must be increasing, judging | Am Hide & Lea pf. 5% Miami Coppe: . 2% the so-called “consumers’ strike” | fons, but with each week that passes |3 o 3 5be400; Toose, per bushel, | fornia lemons! per Lox Cati- | JOSEPR 1. MWeELIET (j5. "grh and ¥ n w. from the fact that the Secretary this | Am Ice pf. 6 Middle States Oil.. 18% gradually is wearing itself out, as|the deficiency in normal bullding|y 5ol 50. oranges, per box, 3.50a5.50. '|1G00A oranges, por SN 0. I T i Am International. 6% Midvale Steel 7% operations is storing up trouble for Fruit box, 3.0085.50; straw- | Liorida oranges, per 6.00a6.50. | N N morning notified banks holding pro- -7 % OO S Minn & St (h). fz“: many strikes do, and that remlc:'i the future. The shortage is now acute bg_:‘}:':’;“"vé’::"“‘;;,aho 2T Grapefruit, per crate, 6.00. Straw- 5 § ceeds arising from the most recent |am yororcciico s 8 e at last are breaking away from their [in many cities, but building strikes 2 g : S N N 2 s 2% 5 and i N eale of Treasury certificates to pay | Am Radiator. ... .. 0% Mo Kan & Tex pf.. 4% recent policy of hand-to-mouth pur- {RNUTLE A0 nfi?a‘.’;?f;‘“r;:uil‘?;fl Shat whnu—\‘gl‘:'":e‘d ::I:t‘:; spot, 1.7 Vegetables—Potatoes. nearby. No. 1. | N . \ into the Treasury, not later than|Am Safety Razor.. 6% Mo Pacific. .2 chases. Some business men have been|iinye out of reach. No. 2 red winter, garlicky, spot, 1.59;|Der obl. 1.50a1 northern. per sack. | N H N Tuesday of next week, 33 1-3 per cent | Am Ship & Com Mo Pacific pf...... 0% disappointed that the buyers strike | The railroads are denying that high|May. 1.69. 00, o N arriman 0. R of the amount, making & matter of | Am Smelting..... Montgomery Ward 21 dld not collapse completely long ago |freight rates are retarding building| Sales—875 bus. of No. 2 red winter, N N $85,3965.000 that will be taken from |Am Sugar. Natl Conduit. 1% and have been annoyed at the length |and home construction, and figures{garlicky, spot, at 1.57 per bu. 1,969 N MEMBERS: N the banks on that date. Am Sumatra.... Natl Enameling... 51% of time it has taken to force the|have been produced to show that the |hus. of No. I red winter, garlic N s N Withdrawals of the proceeds of the | Am Tel & Teleg. Natl Rysof M2d.. 6 Ultimate consumer into the market |recent inerease in freight rates would | upot, at 1,60 per bu.; bag lots of ne En N N previous issue of certificates, that of | Am Tobacco. . Nevada Copper. ... 12 again. ; add less than $100 to the cost of the|by sample, at 1.30 per bu. o D0aisn N New York Stock Exchange R April 15, remained in the banks for|Am Tobacco (B).. 126 New Or Tex & M... 65 But the strike was deep-seated, and "'l“ 1.'::» r;m fcat welling. ‘lv;h ‘e l:!"l' There was an increase of 25 cen Lt \ N Alatly o month. but indications point | Am Tobacco pf (n) % N'Y Central % the' more " analytical merchants _are |the board of commerce of that city|per barrel on all grades of city milis|y : N 11 Brondway, New Yorii. B to a speedy withdrawal of the entirc { Am Woolen. . 7513 NYDocK......... 35% not surprised that it has been slow | ke g.l*]v,' PUE i flour. = N » N 5 ceiv account of the Zine & : g : nC dissipating. There 15 a distinet |tion and will arrange to finance large| " Corn—Cob, new. vellow, 3.85a3.90| N N 5236‘1760,00? received on nt of the | Am Zinc & Lead... 94 NYNH& Hart... 18% feeling_that the period of readjust- |operations. per barrel in cargoes; contract corn,| N N e at\ihelarace paztlof thejaun: fi::j‘};‘rd)? N W% ment is drawing toward its final Some Spotty Conditions. spot, 71%: May, 71%; No. 4, 68% b Siom enbis i N scriptions to Treasury _certificates | 1330 Dry G Rl & Yann b stages and that prices have receded | From Chicago and St. Louis come|corn, vellow, No. 3 or better, iiso To- N Washington Office R come out of the banks of New YOrk | atenioan % s to the point where further fluctua- | aports of continued “spotty” condi- [ tations. Caro- | N : B N city. So long as the government con- [Atchison (81| 816 80 ensg| Oklalioma Erod-.. i3t oy tions will be of the normal ebb and | tiong and contrasting signs _of im-| Oats—No. 2 white, Dag 00 N N clty. So long as the Eovernment con | Atlanta BIr & Ati)" 313 31 21 2 |Orpheum Circuit.. 2 25 2% 2% frlow of trade in a normal market. Tt e o Dullness | white: 4835ads. 0ad.00; N COLORADO BUILDING N e e e e e AtlanticCst Line.. 80% 80% 8% 80% Otis Steel. .. L 13% 13% 13% 18%| The controversy as to whether or|fn o e Gun Be CORTEL AL s Seaved /é—Bag lots of nearby rye, as to N« S >N O W ork Mk Bl e i*htunl | Atlantic Fruit Co.. % 64 6 64|PacGas&Elec.... 8% &% 6% &% |not some retallers have been retard- |y fripiness in another. Detroit re- | Guality, 130al40 per busnci: No. 21 N i stringency in the money market, the |[AtlanticGulf.. 38% 8% 38k 38% | Pacific Oil... 37 3% % 34| Ing the progress toward normal bY!portg are extremely optimistic. wes}t‘e{nVexport.?sl;oh 1..,31.‘1.‘"1 per DIVIDENDS DECLARED. N Telephone Main 1603 N heavy Treasury withdrawals would [Atlantic Petroleur 18 18 18 18 |Pan-Am Pete 6 65 64 644 | maintaining prices fixed on cost val-| " 'piiishurgh is witnessing a series of b"l:_’ N Lol per bushd 3 - N N B L | Autosaleapr. B 1 1 12 |Pan-AmPbete(B). 8 55 &1 % |ues rather than the replacement val- | oz Feduetions in the steel business,| Hay—No. 1timothy, nominal; stand- TR N Giv Lis invited N than they are. Baldwin Loco 815 817 8% B84%|Parish& Bingham 12 12 12 12 [|ues of today, undoubtedly has had a|gue to the continued poor market for | ard timothy, 2 : No. 2 timo-| pneid) N iwe-up business muvrted N Fransactions on the New York Stock | Balto & ORio....... 1% 40 39 3% |Pennsylvania..... 3% 85 % % |somewhat deterrent effect in the re-|.tcel products. Cleveland reports a|th¥, 2200a2250 e o] N N Exchange are comparatively small.|Balto & Ohio f... 50% 50% 5% 60%|Penn SeabdSteel.. 10 10% 10 10% | Sumption of the normal velume of re- | siow but steady main in employment. | 13.90: No- } T, mixed, 20.00a | N N They seem to be chiefly for the ac- |Beth Steel (B). 59" Boli bals bg | People's Gas. ..... 60% G0 4% 60 |LAll trade. Recent conferences in|iy production and in sales. The Pa:[22.50: No. 2 light clover mixed, 16.(fa iN N count of speculators. and If there is|Bkiyn Rapid Trn.. 12wk Ii 1z | PereMarqueite... 21% 21 21% 2% Washington between the representd|cific coast is sultering somewnat trom | X109 o, 1 € ovely oy b0 s 1o N G. B. CHIPMAN N B el it Ts ot a matter of great 532§§§;;‘;;;'°5~ Dol - gf";ff&“m”;‘",";"- e = ment, bureaus failed to develon any e enping i ey ',;,_”a’(’fi{,',ft;(fi 11.06a13.00; ‘No. 1 clover. 15.00a16.00; Mosoies § . Diccete 12 Lo 32% 4 startling evidence of the willful hold- 1 qc mros % usied| No. 2 clover, 12.00a13.00; No. 3, 10.00a 1 1 H an; N Import. . oms are crowded, but the | Butte & Superior 14 14 |Phillips Petroleum 26% 264 2% 26% | ing up of prices and did much o olear | mF G ProaneCts In A o & rosth, | 11.50: sample nay, 13.00a14.00. N = N greater pa ng is California Petrol 6% 4% | Pierce-Arrow pf.. 66l 661 66% 66% Aestiip jon dthe upgnare = ve, nominal; No. 1 tangled rye, 17.00; ‘N N ing on to declining securities, so that | oo qia"pacig . Pi 0il “ 4 = Increase in Trade Orders. crop prospects. St. Paul reports the 2 nOT 3 L dirye, 17.005] N7 e the street does not need much cash | ARagi8n fach 8% 14 |Pierce Oil.. . 9% 9% 9% 9% creat ry section is looking for- [ N0. 2 tangled ryg, 13.00; No, 1 wheat aatidecidae Case Plow Works. Pierce Oil pf. 0% 7% 704 7| There no longer is any doubt that)&reat Erinsty Re & 13.00a13.50; No. 2 wheat, 12.00a12.5 ALLAN E WALKERECO. ! — A e e Preferrea. |Case G 1) pf.. Pitts Coal. ... @ 62 % e |the retail merchants in the larger|ward to bumper crons. No. 1 oat, mominal, 18.0018.5 ; 2 € New MHigh on Rallway Prefersed | Central Leather. Pitts & W Va. . o 5% % o s |cities have taken their losses and dis- Bank Situation Improves. oat, 16.00217.00. L . Cerro de Pasco. Pond Creek Coal.. 1% 1% 144 1% |Po3ed of their high-priced stocks and | Ay gections of the country agree 55 { on the present movement on the local y : Are now selling at fair margins on|; e o 5 CHICAGO, May 21. exchange this morning. After selling { Chandler Motor. 3 Pressed Steel Car. &% 8% 8% 8% |renjacement vaiues. Dispatches ine |l feporting a marked improvement! Many traders interpreted wheat field { | on call at 61% it firmed up after call |Ches & Ohio....... 574 PublicServofNJ. 69 6 69 6% |dicate there are exceptions to this rule | i the banking situation. with e |reports as showing serious actual de- i and sold at 63%, plainly indicating [ChiGreat Westn.. 8y PullmanCo....... 101 101 9% %% |on the part of certain merchants in|oetion Of Ioans Ak rE e Meorrow. | lreciation as well as heavy prospec- ASSURED | that its position had not been injured [Chi Mil & StP..... 27i Punta Alegre Sug. 38% 38% 38 38 |small towns and in some places all | headway, Warmers are Aot boreow. |tive Joss. The market closed s i Over a through the merger failure. Chi Mil & St Ppf.. 4% Pure Oil.. 3% 33% % 3% |the merchants in a given town have | my5, 2% [reely a8 (0 formen Mrard|i¥% to 8 conts net higher, with INCOME | The records of the efforts to reach |Chi& Northwn.... 6i% 3 Rand Mines -+ 21% 21% 31% 21% | held prices higher than is justified. h L st s Al ani jastAts 1.65% to 1.65!2 and July 1.28 to 1.28 [ Quarter a merger agreement would seem to |Chi& Northwn pf. 1014 1014 101 101 |Ray Con Copper... 14% 1% 104 104| Both from New York and Chicago|{NeaPer crob than MSisl 270 09,00 | Clofing cofn prices were Btk o F indicate that there never was the|ChiRI& Pacific.. 3% 82 1% 81 |Reading.......... 70% 71% 704 70%|word comes that while May normally| [Rh1&, FSROTR ORS00 W00 poty Lok oe metiadvance Rt hEuly#0 50 to) | of a slightest chance for the two corpora- |ChiRI1& P 7% pf.. 75 75 16 17 |RemingtonType.. 35% 35% 8 85 |is a light month in wholesaling, tho|TITInE™ to P 2 %- ) ! Centur: tions to get together. From the start |Chile Copper...... 12% 12 124 1214 |RepIron & Steel.. 57% &% 66% 7% |past week has been notable for a|%Snh .o o1} ajong the line there are(yawUAT— ~ Onen. Iflgh Low. Clow ] y fo the finish the negotiators seemed {Chino Copper. s i 26 26| Reb Motor Truck.. 16 16 16 16 |large increase in orders received. Thei =l [ indications of a return |3y T S | Without ¥o be widening the gap. |CocaCola-.-..... ot oot % i |RoyalDutch...... &% e 6 ex|5i%e of the present orders is consid |3 ormaley. | The difficulty with the | CORN i ) FIRST | At the close of the trading today!Col Gas........... 59% 60 5% 60 |StL&SanFran... 231 23% 2% 2y | crably below normal it s true, Sed|disgruntled is that they have forgot- |Juls - 01 i a Loss there was no preferred stock offered | Go) Graphophone.. 74 T4 7. 7% StLouisSouthwn. 2 23 29 29 |they represent a long step forward i B, %hormaley was. September o MORTGAGES e a5 | Col Graph pt. % a5 5 5 IStLouisSownpf.. 8% 8% % 8% |oromy o omeona ine efforts of the| The banking situation is sound and | AT s on oDl Traction was - steads|CondCigarp % on nx milsasecinEs 3 or o e o amc] all danger of a credit “pinch” is past. | ¥ eniis b} 1 U the Charact roughout at 87%, with only one itot wholesaler to show by indisputable;all, e bank- i pon the acter S Cons Distributors. 8 8 8 8 |SaxonMotors 5 5 fgures that prices have about reach-| Chicago reports that teven the ban WASHINGTON ] Mergenthaler was a little firmer, | COnS Gasof N Y 8814 8% &% 87% | Sears Roebuck % 76 ed rock bottom in most lines is hav-|ers are <'h"fr1ful-b‘fll}(fl that is saying DAIRY MARKETS. || —ana strensth of its security ‘moving up to 121%. Cons IntiCal Min. 5% 6% 5 5 |SenecaCopper.... 17% 17% 1 ing a beneficial effect. ajereatideslitorbankersy BALTIMORE, May 21 (Special).— | life of an in- "Bondx were neglected, at nominal Eonfz‘ex‘l’lle 1% 19% 19 19 g:ndalsrhofli}fi see 26% 26 Chickens—Live springers, per pound, s it is abso- prices. Cont Candy. 1% 1% 1% 1% |Sloss-Sheffie © o 40a55; white leghorns, 40; young win- ‘ndable. non-fluctu- Will Pay Under Protest. Corn Products. ... 1% 1w s 6”";3:3‘.3:?:3&2; 5% 5% FORD INQUIRY PROBLEM. ters, 40ai5; old hens, $2add; old roost- ] ue and has the pow- v v eee 2 34% . S, 3 , 25a3Z; pigeons, . ~ to AT able, con- enEankers: warned by their attorness | ucible Stecl..... i @4 v 11 |Southern Ry pf - Eggs_(loss’ off) — Nearby, strictly ECURED on new residence || tistent ‘income. it is & weak se- I:ureholaers’ ',f' protect any rights SL‘LC.*,',’” 5123;:‘:‘ zr w‘: 5.:5 s‘r g:::g gfl :{:Np';' ,m“ 15 |Signs of Division on Party Lines as 1 ;lr:;i:‘ firsts, per dozen, southern . propelr(_v,f ’;205‘; gs“ h,ng ‘_\7”"..;1.‘.—::“ c ::n; ::3‘“:- that they might have, will pay the -Am LBk BR BN BU - 4 108% 108% 0 Jeid in amounts o ), $500 an o ° gross profits tax as usual, including | Cuba Cane Sugar. 18% 16%|Stewart-Warner.. zi% 2zi% 2% 2% tolContinuanice, 32‘3.'55’4"71‘31?“5?3'5-‘“:?" 5 pm"r':' $1,000, interest payable semi- Al storms the income from tax-free securities, |Cuba Cane Supf. 59 b9 |Studebaker....... 76 7% 16 71 | Decision as to further investigation of h9n30: Te 0822 ol pes el et att . as fixed by the assessor, but they will | Del & Hudson Submarine Boat At ery, 29a30; ladles, 20a22; rolls, per annually. We attend to all Our First Mortgages are Se- do so under protest. prepared to act|Denv & Rio G pt. ‘ e | e eSO 8 8 ren oy B Foedla contesCifor thaiaca ol pound, 16a20; dairy prints, 18320;) details and furnish copies of cured by the most dependable, later on. Dome Mines. ..., 19% 13% 19 19%Tenn Coppe {14 D& T4 T4|Senator Newberry, republican, Michi- store packed, 15; process, 24a25. e fiintc ‘of HIIC a0 Sher olid and reliable sccurity - 5 i v v 4 q - - nown— oved ncome-| = Endicott-Johnson. 63% €3% 6% 63% | Texas Company... 38 38% 38 s |8an. was deferred yesterday xanern:mn _ NEW YORK, May 21.—The ma-| CHICAGO LIVE STOCK MARKET. necessary papers. e Tant et e STANDARD OIL CLASSED Erle... Z ot S| Texas& Pacific... 20% 20 % 2% |by the Senate elections committee after | jority of price changes in this morn-| CHICAGO, May 21 (U. S. bureau of e Eetedatpi ... z 2" 2 |Texas&PCS&OIl. 2 zw @4 204 |an excoutive session lasting more than |ing'a bond market were emall de- | markets) —Cattie—Receipts, 500 head, SAFE—SANE—SURE In amounts of $250 and up. ION DOLLAR COMPANY rS.. 24 2% 2 72 nue..... 17 17 17 17 (an hour. e committee will meet again | U0 P TG o g atrected to |compared with week ago: Beef steers, Fisk Rubber. . 15% 15% 15% | Tobacco Prod D 6% 6% Be% 664 |Tuesday, when Senator Townsend of | ¢ - 2 5 mostly steady; plain heavy steers, 15 Interest Remitted Promptly NEW YORK, May 21—The Standara |GenAmTankCar. 49 4 4 49 |TransContlO 0% 104 10 10 |Michigan will be heard. Alfred Lucking,|some oxtent by the heaviness in |, "5 Jower;' she stock and bulls Call and Let Us Explain Oil Company of New Jersey Is ciassed Gen Asphalt...... 63 687 68 68y | Transue & Wilm, 9% 39% 39 39 ?;‘J"&fi.’.’a;&"‘:fii’.; ‘::,-:s‘)‘!gn:“g;efizo slocks,' this being especially true of steady; spots weak; veal calves, 25 to the Details B F SAUL CO a2 a billion-dollar corporation_ with G fursior -6 16 16 L g‘.’c‘,'.; “t 2% 204 2% | 05 PR TUACE%0 attend. # theiratimayglist . g‘.g";i"?h:‘f""'{;" nditeedors (15 2 2 2 e publication of its annual report = A Lo 136% 135% | - c. 119% 119% 118 118 Si i P Following the break in New York S galidy = EES, | for 1920 showing total assets of |Gen Motors. 23 o | Cnion Pacific pf... 6 65 6 6 |aoi5ns, o0 B dlvision on b et | Central shares, the 6 per cent deben- | week, 9.65. Allan E. Walker & Co. Mortgage Loans $1.102,312,595, a new high record_in | Gen Mot 7% deb 79 75 |United RyInvpf.! a4 24 .2 24 | 430500 the seasion. which was execu- | tures declined over a point to 88%. | FHogs—Recelpts 4.000 head: eener: Incorporated 934 N. Y. Ave. N.W. the history of the company. Net|Goodrich......... 31 51 36% 3% |United Retall Strs. 5% 60% 6% 69% | rve " Senator Wadsworth, republican, | St. Louls & San Francisco adjustment |ally 10 higher: top, 9.00; bulk. %30a . 1. Ave. N.W. f:?rmi‘e. -Xter‘l‘l;!d;ot:uc(!io;la. h;glud- Granby Consol. %4 24 24 2 |USFoodProd. 2% 21% 21 21 |New York, moved that the subcom- |68 at 661 ar}"lr \hn“ncvivlmos at 51% z.‘xf; “9;5:. nominally steady; hold- 813 15th St. N.\W. eserves of $25.901.458 for £ e . us 2 ? were both off fractionally. v s TaTen: akeseantod D10IACLAS. oy (Sreat Northernpf. 14 T4 6% ek |y gindusAlcohol o4 e @ 8% | mictee oreated to handle (ne contest e ™A largo block of Baltimors & Ohio| Sheep_Receipts, 4.000 head; practi- Main 426 record, which compares With a met |G ‘ " B%| G S Smelt & Ref, I T | e o cott, dem- | efunding 58 thrown on the market |cally zll packer direct; compared with Tncome of $31,630551 in 1916, CIMENT & & o o |UbbmeeriRen ML B M el o proceen "% ™| carried them down to 701c, ne againet | week ago: best tight Xat, shorn, lambs | {IINNONEAANNMIARARANHNIR Surplus income available for the |Hartman Gorp. ... B 3B} Moo :1 c... B2% 2% 82% &2 | Struc P! 3 71% yesterday. Convertible issues|steady to 25 lower; heavies and culls. common stock after payment of pre- OLD. % W A 2% bl e -108 108 108 108 continued weak in sympathy with the | 50 lower; best springs, 25 to 50 higher \=—————— — ferred dividends is equal to approxi. |HOUStonOil....... %6 76 76% 75%| UtahCopper...... 864 &% 6% 664 decline in their related stocks. matured’ sheep, 75 to 1.00 lower matcly $40 & hace in the newcapic Hupp Motors ... 124 Iz 1 1) VanadiumCors... @l my siw i DISAGREES WITH REPORT. w5t “ouis Southwestern ” consoll- | heavies and cull ” ewes oft more; stock o par value. or at the - “ «0 %0 ... 1 0% 31 ated drop: a 0 - | yearlings irregular. te indiahoma... % -Car Ch ey St. Paul 48 of 1925 wero down from e G L L O CLEIOE e e s s 2t % | vivadou s LT 8% 8%|Oyster Expert Says Next Season [7i% to 73%, and the New Orleans, The report states that in recent | InterboroMetro... 4% 4% 4 4 |Wabash. 8% 8% B8 8 Outlook Is Promisin, flexasfmxicolp D CLAToNeE MAP HANDY GUIDE 7 months the increase in the amount |InterboroMetpf.. 12% 12% 12% 12%|WabashpfA.. ... 21% 21% 21% 21% haale g = Forelsn Issues. o AS Old as t’le Hllls ng hu;}un required for the conduct (Intl AgrChem.... 9% 94 9% 9y | WabashptB. . 4% % u% u%| BALTIMORE, May 21 (Special).—| City of Paris 6s, which are to be re- S of business has been more rapid than | Intl Agri Chem Df. 49% 49% 49% 493 | Western Md. 10% 10% 10% 10%|Edward C. Weant, a member of the | tired at par out of the proceeds of the |Index Feature for Ready Reference the increase in the volume of busi- |Intl Mer Marine... 15 15 15 15 | Western Union.... 83 88 & e ! new $100,000,000 French government Bess, This, it savs, is largely due to| Intl Nickel 1% 1% 1 de%|Westhse AirBrk... s g g9 g |°ovite conservation commission, dis-|isan, ‘conilnued in demand at thelr Purposes. labor and mate- 2 s ) : 9 v i 1 H Tl The st s andimate: LIntl Papar. W4 6o 6| Westhouse E&M.. 4% 7% «s% 46 f26TECD with tho report coming from | high of 99%. Airench 85 themselves | hose cities, towns and other small | is but a literal statement of the far-reaching ditions existing in the petroleum in- | nVincible Oil. 18% 15 18y |Wheeling&LE.... 8% 9% 9 g4|the Oyster Growers and Dealers’ As-|Were unchanged at 9. Belgian issues|places which are named in the daily e 3 2 dustry throughout 1920 were ab- |iron Products 31 31 31 |WhiteOil... . W4 % 1% 13%|sociation convention in New York |Wwere heavy, the 8 per cemLsiey 9‘3 :“Ji press, from which news events are antiquity of First Mortgage Notes. In the pre- normal, the results of the operations ; 1s!and Oil. % 4 « |Willys-Overland.. 8% 8% 8% g% |that next scason’s oyster crop will be; the Tis at 983, as !‘fi;“"j‘{ ast night's { heing brought can be located on the S e & B a: thie' company’ fusniah solther o | JewelTea. . 8% 6% 8% |Willys-Ovidpf.... 37 2 ae% a7 |smaM. close ‘of 99. Swedish government 65| arge map being sold by The Star Christian era these securities existed and their accurate basis of comparison nor a |Jewel Tea pf. % 2% uw|Worthington Pmp. 80% 60% 604 6% | “Perhaps they take a general view)ame down a half point to 84 The | for 75 cents. ¥ 5 s i A dependable index of the future. Kansas City So. 6% 6% 26%| HOURLY SALES OF of conditions all over the country,”|Norway 8% Werw & (RS TS 0 | Y means of Khe Ind o A nd safety was recognized. Our own dealings in First Kansas C Sou pt. 8% 8% 51%| 1lam et STOCKE: sald Commissioner Weant, “but look- | 100%. and so were the Danish 85 at 99. | the " map of “The World Today and 3 ) -m..... 161200 12m.......24 10 |ing toward the future of the next| [iamond Match 7is reached thelr)the United States” thousands of ques- Mortgage Notes on improved Washington real WEEK’S STOCK MARKET Maryland crop I certainly cannot|liEh of 103. The du wont T '8 held at | tions can be answered readily. : IS CONFUSED, IRREGULAR TODAY’S BOND PRICES agree with the report.” We hud one of | ione i were off & fraction to 82, | nandied, and_ eLiecoalsireTes s estate extend back 52 years without loss to any of the history |} 3 finder, s . jana the Duquesne Light 6s continued % th i . g 920- | which is a part of the map itself. | NEW YORK, May 21—The stock | No0% Prices reported to The Star over direct SHORT-TERM SECURITIES. e ations It wonia sema from | fc feel the effects of the new $10.000.- | enables one to locate in a few sec’ client. market was in a state of confusion| N¢W York-Washington wire by Redmond & Co. (Reported by B = t ! | 000 issue, getting down from 89 to)onds any city or country in thely 7 Redmond & Co. next season's crop will be fully as|ggy and irregularity this week. Leaders Bld, Ofter. | large, if not larger.” it world. The map can be obtained at 22 well as obscure special isucs American Tel. & Tel. ony Cwi% * A the business office of The Star. wartzell, cem ensey uo. eites -wo to almost ten int: Americ Te 4 e e in the last half of the period. " A Mo % 00 STRONG WHEAT PRICES The reaction primarily was due to | American Tobacco Co. 1003 1008 CURn STOCKS, ’ COTTONSEED OIL STEADY. 727 15th Street N.W. :zr':‘dgu?lna and 'In:uence! .‘-‘mm for E e el A A TokaecolCo (7, 30 100i | Quotations furnisbed by W. B. Hibbs & Co. FEATURE WEEK’S MARKET| ~xEw YORK, May 21—The cotton- W . D.C . me past have acted as re- ha 32 o i ——Cloge.— < 3 o o] ashi; . C. straining influences. Additional re- | American Tel und Ler conv. Aot 1 1097 109 T, “Wikea) | CHICAGO, May 21—Big upturns in | seed oil market closed steady: prime ngton, ductions and complete suspensions of | AFMOGF & (6. 4. . s Armour & Co. 7s 1 0 Yoait | Astna Explosives . 10° "'10% [ the value of wheat have taken place | summer yellow, 7.05 bid; prime crude, The Nation's H. T Siviacade oo e e e s b e Tt Steel T 19 B mer | Allled oo 7 this week in connection with reports bid: May, 7.36; June. 7.05; July. e Nation's Home Town ber of Industrial companies and sev- | Coast Line. ST Betllehem_Steel 7s 1923, 98 i T o re T of a precarious outlook for the win-|7.35;: August, 7.45; Septembe: ezaliagithia)taticood Lefining Co. 6% 1031 uadian Pacific s 1934 9% 04 | hy ol tre crop. Compared with a week | October, 7.81; November. o G aton e rsifoned aalires | st imoc ut ot LGOI L O Bis Tedge o ago, wheat prices this morning were | cember, 7.78. _Total sales, 2 v‘l’e\;'ed by competent critics, present- | Baitimore ¢ & i\;"- Louis 6s 1929.. 88 stk Toston ‘.):l Montana 3 = ’xs#thl?';:”' lwm\r“'l"r ca‘Z'{' vlv;!: ed few encouraging aspects, and the ! Bethichem e New York 88 1921 100 o 5 own 0 2% and oats of 0 1% One of the Old: e : c : : Boston ‘and Wyoming. ! 4 e Oldest and Best Known fepeif sistion faa s dductedfin ths s ot <4 3 1 S trom 31 deciine to 30 advance || EQUITABLE B ks factisations Poasbiom o settle the international markets. (et R e R Strength in the wheat market was Q Although all the reserve bank | Clisapeake and ¢ Cuduhy Pucking Ts 1928, based largely on advices that the . Ben branches now are on a lower redis. | Chesapeake and Oh . F. “Goodrich 7a 102 ” g i 1921 yield.of wheat in Nebraska and Co-Operative Building The Largest Savings Department of A Ot L ante T donte e e Gult"Oil’ Corporation s 1083, 944 Garib, Trading . the southwest would depend to a large A B. ing: partment of Any Ket Temaing fivm for. i tormma of mes | (s 3 ana &0l [, 4, Jiqa Go. s 1630 i Car Lzt ana Idesree on favorable weather Guring Association ank in Washington commodation. Conservative opinion M Mulcda Hunible . Citiex Rervico fold) the next week or two. It was also ad- inclines o the belief that no ease- K aElwel (ermi ol Len i Cities S ot mitted by the majority of traders that ast g‘f«n .(gshzgrL'ETED Open Saturday 5:30 P.M. to 8 P.M. ent of rates is probable before the oloninl Tire .. the winter crop as a whole had been g midyear. damaged to a material extent by un- Ansets Rails had a brief upward spurt fol- =t : seasonable low temperatures at criti- I $1,085,322.8 . . lowing announcument of the Do sasad e cal times and by recent luck of suf- Surple Supcaad TE ® Lincoln Said: wage reduction, but these stocks re DavisDaly . o ficient rain. Meagerness of the vis- f acted when it became evident tha 4 | Dominion 011 ible supply total g ee the stock on Now’s the “me to Join “If, in my brief term of public office, T shall b wicked the cut would be opposed by or- | Iimois 5848 | Durant Motors hand in Chicago,” loxether with pro- the Equitable or foolish, if you remain right and true and honest you ganized labor and that the farming |Internationai 3 % | Sinckite Con. 011 715 Ul DafL | Bl Bas rpective speedy enactment of the = a cannot be betrayed. M; d B interests had launched a new cam- | Inter. Rupal T 1¢ | Southiern Itullwa, 9% w6 |,:”k n ¢mergency tarift bill, gave additional Thousands have adopted the yed. My power is temporary and fleet- Ppaign for lower freight rates. Soutiwestern Hell 9035 98% | Larrel] Coal force to the wgward swing of the systematic saving plan of the ing: yours as eternal s the principal of liberty. Bankers reported a bettor fealilng e BRI Yol Ueks | Feteral O3 market, especially as seaboard inter- {|| Equitable and have accumulated “Cultivate and protect that sentiment and your ambi- in the investment market and this | New York Ceniral 4 Texus Co, Ts 1978 :fl“ sillfland ests apeared to be conspicuous in the most substantial sums. tious leaders will be reduced to the position of servants was borne out by the fairly Successs | New Tork Corirat deb. on i 1030 ?.‘ buyving. Forecasts of lower wages for Subxcriptions for the instead of masters.” Tul offering of several neve under- | Yew York Teisphon Westeru” Electiie Ta 135 10;... ‘vose malizond femipioyes had only s 't 8lst I f Stock writings. Negotiations #7 a _new | Norfolk ana Westughouse E. & ML porary bearish influence. Passage of st Issue of Stoc French loan approximai™g $100,- —_— 2 an anti-pit bill through one branch B ed 00.000 are said to be approaching | Herentes Faper o0 of the Illinois legislature failed like- Siam R ecely completion. e FomGY noxns. Thcrsaiiona Rethosim o wise o count as o depressing factor (|| Shares, $2.50 per Month ’, Fenivine i 1t 696 Quotations furnislied by W. B. Hibbs & Co, | Jerome Verde . X Neilonts declined as a result of 4 Per Cent Interest OIL STOCKS. | Penburivania gen mortgake 43 Cloiug prices: Ea i fentarged rural offerings of corn, Quotations furished by W. B. Iibbs & Co. | 4y 1108 keneral dv. o000 German gov. 4. 10 | Lehigh Conl ani planting of corn being nearly com- EQUITABLE BUILDING Riah e and Kan ermuu gov. Bs.. one Btar Gan pleted. ; AngioAmerican 01 s i | Krupy, 4 JLivigetonine rciewn Inercased supplies of lard here made 915 F St. N.W. tantic Ktetin P 100 034 | Colo ¢ s 5 e Pipe Line a1 931, | Darmatadt da. Nor o 3 5 ST 1% B2 iresien ! Trcas whak durs 15 | Mersite 0N CLOSE CALL FOR REED avings ccount Cootinental 0il 1 citic Berliner Lunk 48 Midwest Oil o (""b’-'rf-m”:-.ilmn.u. e iy Vienna Midwest O pfa . - Com < uthern Railwa ieana o Eureka Line. 5 - . 8. Consul at Paris Escapes In- Y Tak th w 0“ lef Bl e ; St gl S e e The Safest and ' Most es the Worry Out of Lite alena-Signal 0il Co. Nipissing Mines Co. 44 415 jury in uto ishap. . Sllinois Fipe Line ¢ | o ! b ] n = A 3 Pipe Line Co. ST s A% 4| PARIS, May 20—Eugene Reed of Satlshctory‘ Invest —You have both your principal and | 4 | Hambur 4% Omar Ofl (new) . 314 | Florida, American consul at Paris and ment Securities Are i t. All too f ly the i ‘ Virginia-Caralina ¢ Boenigsberg s 3% | Pennok OIl ix 38| in enarge of the passport bureau, mi- interest. oo frequently the in- Wilson & Co. Int 6 e ss.. 481 | Perfection Tire 1316 15.16| raculously escaped injury today when FIRST MORTGAGE vestment returns you neither. it Munich 45 inotesi1926/ 5015 Reoducers, and 4 44 | his automobile struck & post at the . . ‘GE. Serman g Prem. 3s. 82 | Radio ptd 8 2% | Bois de Boulogne gate and overturn- Interest Paid e German gov a Prem. 3. 82 d 2% |ed. The consul was found under the NOTES = o5y Sonr Remnlig o Gt jidsscidi > N }_g‘-‘in":'-i’.fmrm.x’.u 71| car_unhurt. Hils valet, Jules Man- on Savings e S B Sl R Belt Crack B rodue 255l caau faunicrediaibrokentien: Which Will Net You 0 Accounts | e i o ool it TARIFF REPORT ADOPTED. ! faimctoms : —_— Btandard Oil Co. Culitorni % | darie IRTS Pragne * | Kimms Petrol 1. o %| NEW YORK BANK STATEMENT. 1 ! Brussels .. - oil 4 7 = = e O Ktandard Oil Co, Kan: 800 5 Ce 4 N Y p 21— ] R S e omatan House Expected to Act Finally on | {ists o000 G0 S ST e nterest Safe Deposit Boxes For Rent | ndard Oil Co. Nebraska. 150 160 Ntockholm M, Tonopah Divide 1318 A Yesiifor. the weck iahi ‘ il Co. New 5 349 Amsteriam easure Bhortly. 1845 | 14| trust companies for the week shows ‘ 4 0il Co. Ohlo 36 ws |iaek Aostherio 18 10185 deficlt In reserves of $424,930, due to | 5:‘“ T':..‘,,g‘%n 30 5 | Viewa FosE b"elnu:tme:tkof % :‘9 :'egl:creue of $4,715830 from last orFlr: trgor:.lel:_ev"m;rll;l&!c‘fi:lé Forei Exch, ¢ L Saies 3 : i m as g 3 Xt owest P 300 : yesterday with the adopti akon w1y on improved city property. OEEER e - Washiogton Of Go. 2 COTTON MARKETS. y he adoption of the 518 4 SRR COGREITET Guaranteed titles furnished o ] S | conference report by the Senate with- ‘audy. .1l T 8 - NEW YORK. May 21.—The cotton g% 8. |LIBERTY BOND cLOSING PRICES. | with ‘all notes. Property in: SHIPPING EFFORT FAILS. market was very quiet early today.|out debate. The House is expected to 18 20 NEW YORK, May 21.—Liberty bonds sured agalnst loss by fire. We skt There was scattered covering, which|act finally on the measure in the near % closed: 335, §8.12; first 48, 87.20; sec- | |f| attend Lo collecting and remit- CLEVELAND, Ohio, May 21.—At-|included buying orders from New Or-|g 1 2" [ond 4s, 87.10; first 41s, 87.32; sccond ting interest the day due. tempts of Cleveland grain Intere~is. |leans, but it was just about balanced | uture- PP I 43s, 87.14; third 43s, 90.66: fourth No E; I Resources, $5,802,503.79 which for twenty-four years have |by further scattering liquidation, and,| The vote on adoption of the confer- 5 8 |4ils, 87.34: victory 3%s, 97.70 bid; o Expense to Investor been striving to induce the railroads |after opening steady one point lower|ence report was 52 to 25. Five demo- | Armour Lenther com 1o, 12y | Victory 4%s, 97.62. Call Main 98, Loan Dept., to put this market on the same “ex-|to two points higher, July ranged|crats—Ahsurst, Arizona: Broussard, | ssmous feaiher pfd FE for Complete Details lake” basis with Buffalo, Erie and |from 12.75 to 12.S1 during the early|Louislana; Kendrick, Wyoming: Rans- | Armone pide cerrerrs 89 9Yy Falrport_for shipments easi, " have | trading, compared with 1278 at the|aell Louisiana, and Sheppard, Texas— | Culaiy Yacki L ANGORA CABINET RESIGNS. w s P oape ti e amse bt [ Cromar aatys Souid T ona an rafiroad officials here. Formal com-| Futures opencd ste May, 12.40;|and one 'S:pffifif;':.‘.% L A SOl T i m. O. S plaint probably will ‘be made to the | Jul : October. 13.45; December,| Hampshire—voted with the majority Six AT e ERL G R 1409 New York - Ave. . mmerce 13.83; January, 13,98 SV of democratas against the measure, & larmy coi Yo == = == 3 At