Evening Star Newspaper, September 18, 1921, Page 34

“1921—PART 1. =] Weel s Price Range New York Stock ExchangeMUCH FRMER 10 banks and trust tompanies for the week shows that they hold $54,625,340- + Toget posted on Teenia. This s an inoresse of 35| Corrécted to the Close of Basiness September 17, Saturday, at the Office of The Evening Star. e recent activities 256,310 from last week. v Mmmumm ‘mi. tow, nlv. e 31, m‘ & TRADER regl Reserve Bank, $69,242,000; de- 36 ~ 1 crease, $45,497.0 R in depositaries, state bank able sources on many eserve in deposita te banks Increase, $52.992,000. United States -:ped:l atticleson > Circulation, $32,323,000; decrease, crease, 338,25 FINANCIAL. FINANCIAL. RANGE OF MARKET AVERAGES. The following ¢hart shows "rl.lllc-lly the action of forty repre- sentative stocks dealt in o the New York Bi Exchange. The period ‘covered is the past month, up to and including (he close Of the market Friday, September 16. The lower section of the chart indicates the relative tha market. 3 nuw 7 V %|Copper Comparatively Quiet, But Steady—Review of Mallingon. . Other Metals. Manat! Sugar. 7 Manhattan Biev. NEW YORK, September 17.—An ad- 135§ Manhattan Shirt. vance In the price of wire and Wwire = Market8tRy.... products, as well as in sheets by sev- ers] independent companies, gave the steel market a much firmer tone dur- ing the week, and many thought the action of prices marked a turn for the better in the whole steel situation. There was also a slight improvement in some other directions, including structural steel, and supplies in the hands of dlstributors were b:lleved to be light. The volume of busSiness was s Mevaid Oea. still reiatively smail, however, and Minn &St L ( the fact that producers were very [ 3 |anxious for business w believed to 16 208 be against a general or pronounced as lupturn. Iron wn in fairly active oA démand an 1454 Montgry Ward... Am Safety Rasor. i 13% Copper Quiet, Steady. Am Ship & Com. 1 Copper was comparatively qulet. but Am Smelting. 105 steady. Eiport. inquity hay been High 1920 . High 1921 to Date 15 Natl Cloak & Poorptdl LLE s ruing o4 | [ndustrial 109.88, January 3 |Industrials 3, May § Am Smelting pf. foreign exchange, and it, is reported | jrdustrials Bos Am Smelting sec A. Natl Cloak & 8 pt. that “the Copper Export’ Association Hails T S5 ST ROZEEUEE Y R SR D Natl Enameling. ;I;-:S (:fle;;d‘ 5 ‘t‘l-ctrulyfic t'l‘uvn h:“n Low 1920 Low 1821 te Date Nat] Lead. ... 7 i Sl o it xmlnmmu .. 66.75, December 21 | Industrials . 63.90, August 24 N::‘.dlc‘,pu i interssts are shading the 67.83, February 11 | Rails . 65.52, June 20 NO Tex & Mex. ghtly, but without securing at the moment. Meanwhile 'l‘wtlly Industrial Common Stocks Used Are: Gentral Leather Rep Iron & Steel U & Steel -1 o SERTEMBER - - 3 xlflfl + 3 X S gaenge IEAE SR AR S8 X2 l Allled Chemical. ... Allied Chemical pf. Allis-Chalmers. ... Am Ag Chem pt. Am Beet Bugat. Am Bosch Magnéto. —graphic illustrations of pfiu fluctuations ‘.zuagzssisi X = Market St Ry 2d pf. 13 — Martandoil. 135 3 Martin-Parry 8434 13 Mexican Pete. 18¢ 3 Miami Copper. ;g 160 Midale States. of ‘toch_ The statement follow i = “;‘1'1“‘1‘3‘?'6.." Se8 IeTae: 8 08y - Muul:m ncrease, N Read this week’s issue Cash In own_vaults, members Fed- hadeT ,m... crease, $1,672,000. ’Ruerv; lnbi‘eaeru 5?5’;“":0 Balnk flled with of member banks, 1518, a5 . Reservé i = 1t ulbk * —important news col eservé in own vaults, state banks and trust companles, $8,679,000; di lécted from all avail- crease, $218,000. ¥ and trust companies, crease, $130,000. Net demand deposits, $3,687,953,000; deposits deducted, $229.223.000. Time deposits, $215,244,000; in- creane, $759.000. d $110,000. securities and on Aisregate reserve, ‘%S.A:lt‘lg‘%oo . conditions XCess _reserve, i ine warket | Ak Ras e STV HOJ TNV IS el . Summary of state banks and trust ‘Copy given without obligation. | }| companies in Greater New York, not | 1% Ask for UU-491 included in clearing house statement: Loans, discounts, etc., $616,063,700; increase, $4.802,900. Gold, $6,670,200; decrease, $48,900. Currency and bank notes, $16,594,- 1500; decrease, $34,900. Telephone: Se. Paul 8451 Deposits _with . Federal Reserve a ,k c. jrect P .“ w.":‘m o ;‘1‘1’)‘0 :\fyw York, $53,066,700; increase, Kew Yo oston Philadelphia X 3 Pittburgh Detrott Baltimore Cleveiand | Total 'deposits, $637,372,000; in- B = |k} crease, $2.388,300. Eliminating _amounts due from |reserve depositaries and other banks 'and trust companies in New York [em and United States deposits, $691,- 001,500; decrease, $2,318,700. Hanks—Cash in vault, ‘2.' 842,500, Trust companies—Cash in v-ullv $50,488,900. BALTIMORE OFFICE 433 Equitable Building STYVHS NONUN (Copyright, 1921, by W. F. Meyer.) LOANS ON - . LIBERTY BONDS | Cities Service Company R o, oxd BANKERS’ Liberty" Bond Exchange || SHARES Have a wide distribution, being held in practically every Over a State of the Union and for- Q :f :' feign countries, and command Century | & ready market. Experience Over 22,000 holders of record in Property |!llof Bankers’ Shares indicates M"'::n’;" the great popularity of this ssue. If = desired, these f Shares may be purchased on | the Partial Payment Plan. | Thomas W. Brahany & Co. Investment Securities, 510-11 Evans Building Wanhington, D. C. demand for domestic consumption re-| ,, "f' 5 P S (1T fe e ho! elec c a 5 che ofihum. POHice, being asked for <Am Smelting fllvintoc - Gonaricn U 8 Rubber A e Twenty Raliroad Common Stocks Used Are: of been reported to Atchison t K C Bouthern Northern Pacific China at 1K1 i mu-m#omo nn: Rudes Lenten hvsller New :"' rora 20 Ldttle Change in Other Metals. Louls ol e Tin was higher early, but finally| Obes&Olio Tiisots Central XY Central Pennsylvania d easy with the lower London Daily Movement of Averagest a1 erling exchanfe. Production is Industrials. Rails. ' still in excess of demand. 3 - 68.00 7175 | September 1, T - 06.83 7131 ’ Lead ruled firmer with a good con- Thureda: September 2. s a1 sumptive demand and cks limited. rmm m:::m Zinc shows little c 3 : - el Antimony confinues qulet and % Z Beptember = ..g.a 1 1% Oklahoma Prod. about unchanged. x mfl:; H 16}§ 2 Orpheum Circut 26, Friday : Reptember 1 8 Otis Elevator. BALTIMORE PRODUCE. Aug 8 ) : September 3 BALTIMORE, Md., Scptember 17.—|August 30, vy September 2 The egg market has been steady all |Ausust 31, Wednesday Buuet A1 W e et - week, with no material increase in it | LIBERTY BONDS AT A GLANCE. eggs, which are wanted by the bet- ier dlass of trade, and for this char. ter stock a good and constan : dcmana prevaits, “While the market Liberty 3ys ... 10040 39.30 %0 8ot to & Ohlo PL..c. 2 closed at 38 cents a dozen, large|[Liberty 1st 4s . Y Y Earnadit B, o Pan Am Petrol (B). fancy eggs will bring a premium of | [iberey 24 4s 90 81 y *88.80 Pennsylvania. . a cént a Gozen, with average receipts Lben 1st 435 15-47 Eethiblaets Pon Seabd 8t selling at 36 and 37 cents. Receipts | Liberty 4s .00 34 4] e : of live poultry, with the exception of | Liberty 2d 434s £ 1 Puoples Gas. . young chickens, have been fair. The erty 3d 4%s. L { Pere Marquett: vn:nr:el conlx{m:e! lna"r;:“d p.rlseslar:lgle Liberly 4th 4%s stead on fat ol ens In e . Philadaiphia Co. Youn® chickens, of which there is no | ViCtory 33%s 9940 o5 Phillips Petroleum. — 1% | oversupply, due to the approaching | Victory 434s ... . Piérce Arrow. Hebrew holidays. which always stim. ulate the de or this kind o = 5 poultry. Large springers will bring THE S (0) iy R WEEK BOND MARKET. :,",'.fl: :'e’:hs'::l ','-,“:,,'; 28 é:,“i i Following is a summary of the fluctuations of active bonds on the old henl lre quoted at 29 and 30 cents, | New York Stock Exchange for the week ended yesterday: but small poor hens are plentitul and Previous have to be sold to arab trade at 25 and 36 cents. Larg O Ak W e i Clons T roosters in good demand City of Paris 68... 99 15 16 94 15-10 99 16-16 99 15-16 17 cents. Ducks, pigeons and guinea | French government 8s. 0134 01% 100 1 pply and genere! |Government of Switzerland 8s. in these lines, as|Kingdom of Belgium 73%s. K. of G. B, and Ireland L 3 T+ 1 ++++ 1 ++ Asgo Dry Goods. Atehison....... Atchison pf... Atlantic Cst Lin Atlantic Fruit Atlantic Gulf. Atlantic Gulf pt. Atlantic Petrnlhnm Austin Nichol! . Baldwin Loco. Balto & Ohio. o by 815 — Phsific Develop. 4} 5 PuoificGas & Elec 2 EC RN Iqll..llg.lllImlllql.ullllIolmllEloOIlIali-aulglqlxlIIqmg-lll'uau»o-qlu§a~nlll,..lIau.lill'.'.-,‘qlllll..u The Management of . Apartments Gas and Electric Bills The lighting of halls and the - basement entails an expense which is controlled largely by the promptness with which the janitor turns the lights off and on and sees that no ene uses them for personal purposes. In many cases these bills can be reduced considerably. Recently we took over an apartment and found that practically the en- tire ironing in the building was * belng done by gas paid for by the owner: ggesy-azgse e Pan Am Petrol Booth Fisheries. .. Bklyn Rapid Tran.. Burns Bros........ Butte Copper & 8. Butte & Superior... 1+++ X X — Pressed Steel Car... your gas and electric Publio Service N J. . bllll too high? B. F. SAUL CO. Property Management 934 N. Y. Ave. NW. Central Leather Central Lea pf. Central of NJ Cerro de Pasco. ‘Chandler Motor: Ches & Ohio. . Chi Gt Western. Chi Gt Western pt. Chi Mi1 &8t Paul... Chi Mi1 & St Ppf. Chi & Northwn. Chj Pneu Tool...... ChiRI&Padific... ChMRI&PI%DL... demand is limited. The white potato mariet rules firm and holds the recent advance in val- ues, as receipts of prime smooth stock are only moderate. No. 1 stonk from all sections is quoted at 3.0 to 3.75 per 150-pound sack, with round stock bringi f.l prémium of from 60 to 75 cents over the prices of longs. Bastern sho: 1s sell at dgszeezus BogR¥cagETRy X8 & e &5 s b Xmerican Tel. and Tel. conv. ] Armour & Co. 4% : Atchison, Topeka ai . Atlantic Coast Line 7s Atlantio Refining Company € Atlas Powder Company 7}s, Baltimore and Ohio conv. 4% Baltimore d Ohlo és. Baltimore and Ohio B.W. i.s H8Egks I++++11411 SRR E Flowalonl ""iixixx EREXE nl R | preferred stock of this mrporlfln is — - : 5 e cumulative. For your own interes REPORT OF THE cONDITION should know sl St ouF 18% parter pating plan. De; rtmental Bank Call or wtite us for full information. ar w-mnmn {a the Disteict of Columbla. at Stock e close of businews Seplember 6, (BESOURCES. 1. aXoans and discounts, including redis- counts (exeept those .+ shown ih b snd c).$255,693.49 §”§“§’ +hid+++1+0 00 S8 aflflfiflkflgfiggtagigg 4 No. d | Bethlehem Steel ref. 55 to dispose of at 75 ‘and 1.00. Bweets Burlington (N. P. and yams in lighter receipt and good | Canadian Norll\weflerl\ ock. in fairly good demand. The|Central Leather s general market rules firm at 3.00 to acific 4s, 1949 4.25 per barrel for the forme d [Chesapeake and Ohio con 3.00 to 4.00 for the latter. No. Cllllll’e ke and Ohlo gen. culls, irregular and dull, at 1. sapeake and Ohio con: cm. Mil. and St. Paul ref. 43 Chi., Mil. and St. Paul conv. d*l Chil:l‘fi Northwestern 7 lm m Royal Dutch.. 1034 1 8t Joseph Lesd. 193§ — BtL&San¥Pran St L &8an Fran pt. 193¢ St L Bouthwestrn. .. S8 Cleve CC A Bt L. Cleve CC & St Lpt. Cluett Peabody. Coca-Cola.... Colo Fuel & Iron. Colo & Southern Columbia Gas. . Columbia Graph Colum Graphonet pf Comp Tabulator. ... Consol Cigar. Consol Distributors. Consol Gas.......it Cons Inter Callahan Consol Textile..... £5 3 334 4+ b 33 8@ & ] AT Tt 3 Native and nearby garden truck, with the exception of caulifiower at 8.00 & barrel, "Corn at 10 to 20 cents |Chi, R L and Pac. refd, Union Station 6 0 | Chicago Consolidated Gi 8 + & Wi Full or Part-Time Engagements. ] £ an 0 poundr fn ample receipt, rule easy under only a Tomatoes advanced this week and closed firm at 40 to b0 cents per 4-8 basket, and 76 and 1.00 per bushel. Small yellow tomatocs ure bringing 20 to 30 cents per basket. The apple market rules firm on d steady on loose 4 H., barrel apples, will = b Y : ” 3 bflnx ( 00 to 9. 00. and loose, nrdlwy % y VJ 4.00, and 1.00 to 1.75 Knotty, small windfalls and do not pay for Goodyear ‘!'lre und Rubber 85, 1941. Grand Trunk Great Nnnhem 'ln. Seneca Copper. 8hell Trans & Trd.. Sinclatr Consol..... Sloss-Sheflield. . © Southern Pacific = Seuthern Railway. Southern Ry pf..... 4 Standard Oil of Cal. 5 StandardONINJ... b3 S E R 3 mmwsmmdtnno-nu-uu ing interest and éommission, Joseph 1 Weller 2 Wean L a7rt LA T~ T T A O | ¥ § REIE E3°338E EEeonst H Select watermelons in light receipt and in good demand at 2500 to 45.00 |NOrfolk and Western cons. s Ppgr hundred. Primes in ample sup- oo Northern Pacific_4s. :He.:t 1::: .l:‘l:gs and culls 810w |packard Motor Car St Pennsylvania 5, 1968 Pennsylvania 6',’&9}:3 Pennsylvanla 7s, 1! 5 GRAIN AND PROVISIONS. |Eennevivania 7e isdo ... % ' CHICAGO, September 17.—Grains | Reading gen. 4s.. 7% ‘were under pressure, but provisions |St. L. and S. F. prior Were on the upgrade on the Chicago [St. L. and S. F. 6s, 19: Board of Trade todey. Net losses |St. L. and S. stered of 3 to 3% in wheat, | Seaboard Air Line ref. 4s. in corn and % to 1% in |Seaboard Air Line adj. 5 Sincl: . rovisions gained generally, 7% to uthern Fae 30 points, although pumnor pork. in which trade was Banking ‘hoase 1 Furniture and fixtu ¥, Due mm natlonal +" banks . $11,708.4¢ 8 b3 < Stewart Warner. nd_ ot 12. Cash in vault 14. Other assets Studebakeér. Cube Cane Studebaker pf. =i ; I Cubs Cane Sug pf. I Del & Hudson. . s23gz2RE Bgsifofac3aunaigaenye xixxx!:i:xfix&‘x“xixax:xxx"ix:i iz Endicott Johnson. . Endicott John pt. 8 133 Southern Railway gen. 4 Dion Pacific 160 46 01 ¢ s eat buyers were timid from the L,:m: Pacific_conv. 4s nd what hv rallies occurred |Union Pacific 1928 . Teports m‘-':hfu::{f'" od. (U 5. Rubber 5 ina need- ed more rl!lll and advices of reduced [ Ty winter wheat aci ., Strol ;nlrketl 'ldh\" 8! Wll!ol\ Co. 1!‘!“6! - BN I R Rtk kot N A R S A = XX § gu-grigggegugangans Tide Wathr Ofl. ‘Tobacce Products. Tobasco Prod pt.... ‘Trasscontinental. ., Unien Bag & Papr,. Union Oil. .. Union Pacific. Erie 2nd pf. Famous Players..., coritlts bosrowed: . $61,750.00 Famous Players pf. 85. Bills payable, incluaing cer- ‘tifleates of deposit. repr ok LG R above stated 61,750.00 tions today at Light street whart- Beef cattle—First quality, per Ib. medium, 4a5. Bulls, as to gual. ity, 3 a 5. Cows, choice to fancy, 4a5; common to fair, 2a3. Thin steers, 3ai. Oxen, as to quality, 3a5. Milk t |cows, common to fair, per head, — on Jui 20.00240.00. upled That {1, GRS Y 3':25‘1"9’"»“'1'.».“1‘ eavy er. i Gor ondred million [ gmooth, fat, per head, 15.06820.00: heavy and rough, per head, 10. °‘t‘.‘fi:§: &'.1’},:::‘;: iy ,‘,",‘f 16,007 rough common, thin, per b S area Sanh wheat and a; & amba and sheep—No. 1 sheep, 4a5; prouhod the low urlen ot the ses- |common, 3a4. Lambs, spring, choice, offert 9%al10; fair to good, 7 umt nh?z were fi ht. Oltl we: Hogs—Straight, 9a10; sow: dull, the outside trade- betn llghg “lll and boar: and moved in the same m'k 4a5; Size and. quality, CHICAGO, September 17 (United {.ct:g‘ In b’ ’35:3-'1'..' =IO States bureau of markets).—Cattle— Ly dellverios of Jard canghe wons; |Recelpts, 500 head: compared with PB4 e o, e (325 Tl R B at-—No. ll s N joice Ig] o K ! * u leers mostly 25 to 40 higher; plain vy and northwestern steers un- NEW YORK, September 17.—There was a further decline in the cotton market today owing to continued liquidation and selling promoted by k of an easing spot basis and un- - *ygsaggsfeg geggeggas Gen Motors. Gen Mot 6% de! Goodrich (BF). Goodrich (BF) pt.. Granby Consol..... Great Northern pf.. Great Northn Ore.. Greene Cananes. ... Gyif Staten Bteel... Haskell & Barker. - = & Ehe 130 3E LR 13 & PR T Paddd 1A T BLLLHT T T L shier. d Subscribed ad Sworn to before me this 16th Valuables Safe? aay of Sepie g A C " "ROBY. W, wisrREE. N | Dot trust to Juck. | Bent a NetstyEultic Absolute safety as- + 1 favorable reports from the goods trade. January contracts declined to / 18.37, the lowest level touched since the advance on the end August condi- tion figures, and closed at 18.40, with » the general market closing easy at & net decline of 30 to 57 points. The market was unsettled from the start, but there was considerable for- elgn’trade buying, which helped to sustain it early. This was supplied by local and southern selling, how- ever, and the pressure seemed to be- llollewlaSloalaonlmlwlwl lquloa Frank b TS Wineeme B e 1336 N. Y. Ave. . H. Alcorn, & H. . R. T Q\le:z'. §§§=a§s=§5 Ex" ERERR ++.":I+I+I ing. First prices were barely steadyat o & decline of 2 to 22 points under over- night selling orders, and after some early irregularity as a result of cover- $ ing for over the week end and buying for Liverpool and Japanese aocount prtceo turned weak. NEW ORLEANS, La., September 17. ——’l’h. selling movement in cotton con- inued today, with pressure unabated. The opening was lower and the mar- ket made no pronounced recoveries I +1101 RELIABLE INFORMATION at any time during the session, stand- ing 45 to 5¢ points down at lu lowest, the lowest levels coming late in the dly. and closing ‘C to Hoto"“. Iewer the final yesterday Oc'.obor traded down to 17.90, ond closed at that price. Octobor registe! ed a decline of nearl, pared with the hll; o when that mltlnn bIIlM to b+ it 33 B 43 3 L 3 L 4 —is absolutely essential as a basis for proper selection of First Trust Notes for investment. FEERL =3 ® 3,1 head; steady Toldover, ght: top, B2oa Imlk packing sows, 6.75a7.25: iss, steady. bulk desirable, 7.25a7.50 shltv—mlpll 2,500 head; '"'"uuc"wo P ouniter 13n; Noc 2 |DEred wl(i:n";ealtt“ . e 2 75 T cep and year- mi: l‘aw York | Sround ey i 0 highes ey ablyment. 0-!-—8»0!. barely | s % to i Tosking RS . There is no place that you can get more re- liable information or surer investments than are offered by our organization. £ ixxixxi‘““f:’x:”x:i!xfix!xxx"i Fid+t b4+ 101+ 00000000+ L+ 4 Jewel Toa. . Jewel Tea pL. Jones Bros Tea. Kan City Seupf.... Kelly-Springfield. . Kanr»mnl' %o §§ li e lsgigghisifigts;gfifl: S==§2l & & L t 5 ady: No. 2 white, B! y{.flm, E et arast’ H1% Gther articles unchanged. g " o mmcxnmu = “;;fl:*' it 6. ‘Hoge—! NI-:W ‘YORK, September 17.- —&tt\o— Receipts, 500 head; no Calves—Receipts, uc ular; veals, 10.00-“00. grassers, 5.5026.00; no trading in west- !lmh-—Reele'-l I l!fi COTTONSEED OIL HIGHER. NEW YORK, September 17.—Cover- .mcwmm the bullish census report figures ‘nd the firm- ness of lard carried cottonseed oil 00: | P5'6o'33 polnts net pigner. - Sates wery nts ne! er. e 11,800 barrels. Prime u-u:n, uw : | prime summer yellow spo; ; December, $.80; March, more general later in the morn- III -u- b E L S R B X3 B TR B L LR L P L ELE THL L §YESYSREoEIYz ugseg aye