Evening Star Newspaper, September 22, 1921, Page 24

GUTPUT OF STEEL INDUSTRY . IMPROVES IN NORTHERN OHIO tability of Prices Has Not Been Attained However—Tire Praduction Slumps. Situation Elsewhere. BY GUY T. ROCKWELL. ial Dispatch to The Star. {CLEVELAND, Ohio, September 22.— provement in' the steel industry in en uorthern Ohio has been particularly |those with dependents. Commercial | and advertising vigorously. Average r joticeable in the last week. The Ma- ~ gnln‘ valley sheet mills have in- cfeased production from 51 to 70 per cent of capacity, while the largest oducer of sheets also is operating a 70 per cent basis. Large steel ants in Canton have speeded up pro- ction and their operations mnow nge between 50 and 90 per cent of pacity. Stability of prices has not en attained, however, as is shown y the recent advance of $5 a ton in} tfe price of sheets by various Inde-‘ ndents and a reduction of from $8 $14 a ton on tubes by certain s. Buying of pig iron continues om-a larger ICB:C with a tendency to- ward firmer prices. rge tire &lnu(flcluren at Akron reducing output and the unem- yed there have increased from 0 to 15,000. One plant has laid off 0 men and others are operating on our-day-a-week basis. Tire cur- ment is usual at this season of the r, but manufacturers do mnot_ ex- t’ much improvement before Jan- leading automobile manufacturer dicts that there will be & shortage igood cars by next M He ex- pébts a slump in sales in December :i!nnulry with consequent curtail- t of production. §Ies Are Picking Up in 4, Kansas City Territory Fi # BY DICK SMITH. Dispatch to The Star. JKANSAS CITY, September 22.—| tinued improvement of sales is orted in this territory by whole- | rs of drygoods, wearing apparel | notions. The general upturn been given impetus by seasonal ing and advancing prices. Country chants are buying in increasing ntities to replenish stocks. Hats, s, millinery and shoes are in good and. The retail trade is as heavy merchants can expect in view of weather, which continues warm. uilding operations show addi- improvement, and this is being réffected in the lumber and hardware markets. A decrease of 17 cents a byshel in the price of Pacific coast pdtatoes . here is promised next week ad a result of the recent reduction im freight rates approved by the Interstate Commerce Commission. ther fruits and vegetables from tife far west are expected to be sifnilarly affected. Potatoes already are on the decline here because of| héavy shipments. Sweet potatoes n%cahhns’e also have shown price spocoHCTEuls it s, but apples have remained sthady. Seattle Has Labor Problem in Reference to Veterans Pacific_ northwest tham in many other sections of the country, but neverthe- less the problem of unemployment is pressing for solution here, especially as it affects former service and and manufacturing interests here have agreed to give preference to_veterans and married men with dependents and to provide such men with jobs in lum- ber mills, logging camps and other in- dustries. A sentiment that single women not supporting families or dependents should give way to jobless and efficient men who served during the war has found approval among the leaders of organizations created to deal with the unemployment situation. 3 Steamship companies report increased demand for American goods'in Japan and China, the present movement of 0 to the orient throt this port having doubled in the last six months. ‘The first large shipment of steel in many months was loaded in the last féw days and other cargoes are ‘in process of shipment. B Produce prices are ascending, eggs having advanced to 55 cents a. en to the consumer and butter to53-'cents a pound, a jump of 20 per cent in_the last month. Fresh meats and poultry prices are unchanged. = i Commodity Reports From Various- Sections SAN DIEGO, Calif., September 22 (Special).—Fifteen milion -feet of lum- ber has arrived here safely. after being !towed from the Columbla river in the {form of rafts. Fach raft contained|ers have declared that a strike is in- 5,000,060 Zeet of lumber and carried a deck load of 250,000 feet of lath, 40,000 feet of cedar poles and half a million shingles. SEATTLE, September 22 (Special).— The transpacific rates on lumber frnminendlng a revival in business. Pacific coast ports have advanced from $13.50 to $15 a thousand. This followed the withdrawal of shipping board ves- sels from the lumber-carrying trade. NEW ORLEANS, September 22 (Spe- cial).—The expected boom in lumber has exceeded expectations. Orders for this week show an increase of 25 per cent over those for the corresponding in August and ‘are 120 per cent than for the corresponding week a year ago. Lumber for interior work has ad- vanced from $2 to $8 a thousand feet. . Produce. o NEW YORK, September 22 (Special). —A cargo of California onions, aggregat- ing about 1,500 tons, has ved here by the way of the Panama canal. Spanish onicns are selling in the neighborhood of $1.10 a crate, which holds from 50 to 72 onions. New York state onions so far reccived are small and of poor qual- ity. CHICAGO, September 22 (Special).— The recent reduction in freight rates on vegetables from California points to ter- 4| $6.50 a bushél basket. | | i | creases are In the neighborhood of ‘18 per cent. NEW_ YORK, September 22 (Spe- cial)—Peaches from western and northern New York ars arriving in this market in increasing quantities, the best grades selling as high as Automobiles. , DETROIT, September 22 (Special). —The General Motors Company received an order for fifty fivé-ton trucks from the Brazilian govern- ment. The trailer. equipment for these trucks is being made by. the Detroit Trailer Company. r CHICAGO, September 22 (Special). ~—Tire dealers here are shading prices replacement in this section 18 now two tires per car per year instead of three. This is accounted for by bet- ter grade and more careful manu- facture of tires and greater care by car owners. Non-Ferrous Metals. DUNBAR, Pa., September 22 (Spe- ¢lal).—The mines of the American Manganese Company are idle, the men demanding the H. C. Frick mine scale of wages. JOPLIN, Mo, September 22 (Spe- cial).—Foilowing the advance of $1 a ton in lead prices, several of the lead mines in this section have re- sumed prdduction, with the ore mar- ket firm at $57.50 to $58 a ton. X Cotton. : NEW_YORK, September 22 (Spe- clal).—Manufacturers of cotton goods for ‘infants and children are urging their customgrs to replenish their per- cent discount for cash had falled to stimulate cash sale: ‘Furniture. BLOOMINGTON, Ind., September 22 (Bpecial).—Waman employes of . the Showers Brothers Furniture Manu- factur| pany are to be replaced immediately by former service men and others having dependents.. This aotiom, it is explained, is intended to ald rellef of unemployinént here. ctal).—The movemeni {u been far n year, has - mas terially to'the proaperity of this Toys. - - PHILADELPHIA, September (Spectal).—Every vessel arriving here: from German ports is bringing .ship- ments of toys for the holiday trade. ese consist largely of dolls of the better grade, mechanical toys, minia- ture erockery, stuffed animals and Christmas tree ornaments. - on. ATLANTIC CITY, N. J., September 22 . (Special).—Oil men gathered here for the meeting of the Natlonal Pe- troleum -Association declared today that there had been a marked im- provement in the industry and that the outlook was hopeful provided re- duced freight rates on oil could be obtained. The Improvement in gen- eral business had been shown in ,:n- they creased demand for -fuel ofl, said. Shoes. BROOKLYN, September 22 (Spe- olal).—Retailers who delayed their buying of fall shoes are now tele- graphing- and demanding immediate stocks immediately and giving warn- |shipment .by manufacturers here. ing of prospective price advances. |Shifting styles have made quick work The supply of- birdeye, or dlaper|in production and selling necessary. cloth, is extremely low, they say, and prices are advancing steadily. ‘Textiles. NEW BEDFORD, Mass., September 22 (Special).—Rumors of a cut in wages of textile workers has caused the New Bedford Textile Council to call on its local unions for state- .ments of their condition. Union lead- evitable if the cut is made. Steel. ST. ALBANS, Vt. September '22 (Special).—The terminal shops of the Central Vermont railroad. employing 300 men, will close tomorrow night NEWCASTLE, Pa., September 22 (Special).—Two additiongl hot mills will resume operations September 26 at the American Sheet and Tin Plate Company's plant here, making twelve in all to resume at that time. Paper. SPRINGFIELD, Mass., September 22 (Special).—The ~ Strathmore _Paper Company hgs announced a reduction in wages of employes ranging from 10 to 15 per cent. Fish. NEW ORLEANS, September 22 (Spe- cial).—The catch of shrimp this year has been so heavy along the gulf coast that canners and dryers have been unable to handle it. - A meeting of fishermen and canners has been called to discuss means of limiting the catch. Jewelry. NEW _ YORK, September 22 (Spe- | l} The demand is far more general than for some time. Business Notes. CHICAGO, September 22 (Special).— Labor problems are more ‘pressing in this territory than they were six|: months ago. It 18 evident that work- ers will accept wage reductions,with extreme reluctance. During the time when labor coats went up in the first year of the war there were 129 strikes and many more controversies which did not reach the strike stage. It seems probable that readjustment downward will be attended by similar manifestations and may be slower and more painful. However, wage costs as an elemen® in production in this section have been - enormously low- ered by unemployment. Railway wage costs, for example, have been greatly reduced. . PHILADELPHIA, September 22 (Special).—Philadelphia bakers are making a strong effort to combdt state laws regulating the size or weight of a loaf of bread. Many such statutes, they say, are confiicting. They maintain that the price of a loaf of bread should not vary, but that the. bakers should be permit- ted to increase or decrease the size of the loaf according to_the fluctuations of the price of flour. They assert that competition would assure that the consumer would obtain as much for his money as the cost of production would permit. The bakers make it plain that they interpose no objection to regulations requiring them to stamp the exact welght of the loat on the wrapper. KANSAS CITY, September 22 (Spe- cial).—Farmers in this section are far from enthusiastic over plans to aid the agriculturists by the War Finance Corporation. Reports have reached NEW ORLEANS, Scxt_omlur 22 (sn‘n-v Bee state. | 22) | Lanston Monotype ‘which have been received by them are more complicated than those designed in - connestion with the income Eugene Meyer, jr., head of the War m, will arrive here ize the movement ncial aid to- the Finance Corporati: Saturday to o for providing farmers. Washington Stoc Pot Electrl i fiw::& ectric cons. Ge_—41 Ca) B'inémn—a ‘ashington Gas Light—25 at 45%. 000 at 86! AFTER CALL. ‘Washington Gas 55—$1,000 at 82, $500 at *Money—Call loans, 5%a7 per cent. Bid and Asked Prices BONDS PUBLIC UTILITY. American Tel, and Telga. 4s 83! ‘American Tel; and Telga. 4 8 Tel. and Tl el i 28! s} Washington Gas Bs. Washington Gas 73s. Washiogion By, and’iec: ds. Wash. Bwy. and Elec. G. M. 6s. ELLANEOUS. TRUST COMP. American Security aad Trust. Continental Trust SAVINGS BANK. Commerce and Savings. shing! Security Bav] Seventh Strees Usion Sevios . FIRE INSURANCE. 230 (] 15 20 % TITLE t Columbia_Title . 415 Real Estate Title ® £ MISCELLANEOUS. Columbla Graphopbone com % Columbia Graphophone pfd. 17 D. C. Paj K Merchan| Mergenthaler Linotype 0ld Dutch Market com. ©01d Dutch Market pfd Security Storage . Wahington Market - *Ex-dividend. CUT REDISCOUNT RATE. Stock Exéhange. ,000 at 861, 31000 3% sis. 8,000 Gt 86l P2 o 36715 at 86, 25 at - | Guodyear Tire and - 30; keats, young, each, 35 .|34: roosters, per 1b., 22; tur :|18: 1ambs, choice, per Ib., 10all; - | hogs, per ., 81, - {cabbage, 3.00a3.50 per bbl. Noon prices reported to The Btar over direct | New York-Washington wire by Redmond & Co. gltv of Paris 6s 1921 435, Atchison, Toneka su Atlantic’ Coast Line 7 Atlantic Refining Co. 6%s 1931. Atlas Powder Co. 7%s 1836.. Baltimore (N. P. ‘anadian Northwestern 7s 1940... Central Leather 5s. Central Pacific 45 194§ Chesa Chesaj 9. 55 peake and Ohlo conv. 414u.. Chesaj 59 85 70 Chie <107 * | Gonsol 101% Delaware and Hudson 7s 1930. 105 Erle general lien 4 General Electric 6s. rand Trunk 7s_rc 103% + | Great Northiern 75 1936. 104 Tilinols Central 5%s. 91% International Mercantile Marine Gs, Inter. Rapid Trans:t 1st and ref. 5s. Louisville and Nashville-7s 1930, Missour!, Kansas and Texax 1st Missourl’ Pacific general 4s. New York Central 7s 1930, Grain, Produce LOCAL WHOLESALE MARKET. Eggs—Strictly fresh, per doz., 41a42; average receipts, 40. Live poultry—Roosters, per-1b., 18; turkeys, per Ib., 35a36; chickens, spring, per 1b., 30a: hens, per Ib., 25a 5a50. Dressed poultry—Fresh killed spring ckickens, per 1b., 36a40; hens, per Ib., ys, pel Ib.. 38a40; keats, young, each, 60a75. Pork—Dressed, small, per Ib., 15. Live stock—Calves, choice, per ll‘b-. ve Green fruits—Apples, per bbl., 3.00a 10.50; - per bushel basket, 1.00a3.00; western, per box, 3.50a5.00; California lemons, per box, 5.00a7.50; California oranges, per crate, 5.50a6.00; peaches, per bushel, 4.00a: ; cantaloupes, per grate, 150450 pears, 2.50a4.00" per sket. - Vegetables—Potatoes, new, No. 1. per bbL, 5.00a5.50; per sack, 4.00a4.75; \;; r crate, 1.00a2.00; , 50a75; romaire let- tuce.” 1.00a1.50; cymblings, per crate, 50a75; spinach. per bbl, , 3.00a5.00; onions, per 100-1b. sack. “4.00a4.50; 2.0023.00; eggplants, per _crate, tomatoes, per box, 50a1.5 per dozen; beans, 2.50a4.00 per bbl; lima beans, 30a35 per q TODAY’S BOND PRICES. Southern Rallway Gs 86 Unlon Pacific 1st 4s. 821 Usion Pacific conv. 4 8815 Uaion Pacific 1004 United States Rubber s, 80 United States Kubber 7% 1003 United States Bteel 8. F. 5 4% Vacuum 01l Corp. 7s 1936. 102% Virginia-Carolina Chemics 913 Wilson & Co. 1st 6 88 SHORT-TERM SECURITIES. (Keported by Redmond & Co.) Bid. Asked. American Tel. & Tel, 6s 1922.. 9% 9% ‘American Tel, & Tel. 6s 1924.. 98% 99 American Thread Co, 8s 1928.. 97 97 ‘Americaa Tobacco Co. s 1922.0 101% 101% rican Tobaceo Co. o 1923. 1 w 100 98 95 I F 95 Col }:‘l‘l% Copper Export Copper Export 10134 Copper Export 01% Copper Export 120 iy Packing_Co. 7 Goodrich 25 o135 | 01l Corporation 7s 0% H. J. Heinz 78 1930. 10015 Hocking Valley 6s 1924 o5 Humble 01l 7s 1928. 98 Rennecott Copper 75 1930. 94 Myers 6s 192 1001, Procter & Gamble 78 19: 1005, Procter & Gamble 78 19: % 101 It. J. Reynolds 6s 1922 1003 1003 Sears, Roebuck & Co. 7% 1921. 100" 100 Sears, Roebuck & Co. s 192211 99 29 Sears, Roebuck & Co. 7s 1923.. 97% 98 Southern Railway 6s 1922...... 988 98% Southwestern Bell 7s 1925. 97% 9T% s 1 1007 100t 993 90% 2: 1007 100 7s_ 1930 102 102 ‘Western Electric 7s 1925.....] 101 101% Westinghouse E. & M. 7s 1981.. 102 1028 [ — LIBERTY BOND CLOSING PRICES. NEW _ YORK, September 22.—Liberty bonds closed: 3%s, 88.78; first 4s, 89.48; 3t. 5 26 , & T = 9., | second 4s, 89.38: first 44s, 89.50; sec- Southern Bacin 1ot st 1o 2020 754 |ond 43s, 89.48; third 4%s, 93.34; fourth Bouthern Pacific conv. 4s. 83y, 14%s, 89.62; victory 3%s, 99.22; victory Southern Railway gen. 4s. 59 4%s, 99.24. and Live Stock GRAIN AND PROVISIONS. BALTIMORE, September 22 (Spe- .—Potatoes, white, 150 1bs., 3.50a 100 Ibs., 2.5 75; No: and 3, ch, 2%a3; cabbage, head, Erocoli, bushel, 25a3 al0; carrots, bunch, 2%a3 cauli- flower, bbl, 5.00a6.00; celery, crate, .00a6.00. Corn, doz., 15a30; cucumbers, bushel, 1.00a2.00; egg plants, basket, 20a25; lettuce, bushel, 50a2.00; lima beans, bushel, 1.2521.50; onions, 100 Ibs., 2.00 a4.00; peppers, basket, 15a80; pump- kins, each, 5a10; squash, busket, 20a gs;lxoosma.wcs. basket, 40a55; bushel, 75a1.05. Apples, packed, bbl. 3.50a4.00; ordinary, bushel, 2.00a2.50; hamper, 1.00al.75; cantaloupes, 1.25a3.50; damsons, basket, 60a75. Grapes, 20-1b. basket, 1.15a1.25; 3%4- 1b. basket, 28a30; pears, bushel, 2.00a 4.00; plums and prunes, bushel, 3.00a 4.00: quinces, bushel, 1.5023.00; water- melons, selects, hundred, 25.00a35.00; primes, 10.00a15.00; culls, 5.00a6.00. Selling Prices at Noon. , 6.00a10.00; loose, 0. 1 red winter, spot, no 2 red winter, 1.32; 3 red winter, spot, 1.27; No. 2 red winter, garlicky, spot, 1.213 September wheat, 1.213 per bu.; % October wheat, 1.221;: cargoes on grade sold as follows: No. 2 red win- " RAILS ARE FIRM BY STUART P. WEST. NEW YORK, September 22.—The stock market was irregular and the trading movement generally unimpor- tant. While setting the seal of ap- proval upon the sufficiency of the de- flationary movement in finance and business and strengthening confidence in the outlook, the cut in the bank rate was no invitation to a fresh speculative movement. The speculative market, in fact, took little notice of it. Prices opened higher and short covering caused a spurt of a point to two points in some of the speculative leaders. Railway shares were bid up for a while under the lead of Delaware, Lackawanna and Western, Reading and Ontario and Western. The selling was resumed in some of the stocks in ch the much- discussed “bull pool” was involved. chiefly in Mexican Petroleum and Studebaker. This selling caused some temporary uncertainty in the early afternoon, but was well resisted in the list gen- erally. Ontario and Western. Unusual activity at higher prices in Ontario and Western, called atten- tion again to the possibility of some- thing important going on in this stock. New Haven owns the major- ity of Ontario and Western. New Haven bonds are selling ,almost at their very bottom and the stock yes- terday came within less than a point of its extreme low. While New Haven's earnings have im- proved they have not improved enough to take care of fixed charges, to say nothing of the maturities fall- ing due next year. In a word, New Haven is in_ a position where it would no doubt like to realize upon its assets wherever situated. It paid $40 a share for its majority holdings of Ontario and Western, and this'road is now earning at the rate of 5 per cent a year, which is more than it earned when it passed under New Haven's control. A dividend on Ontario and Western would only be a drop in the bucket for New Haven, but if by putting the stock back on a dividend basis a purchaser for the road could be found at a good figure, then it would help matters for the New Haven considerably. Allfed Chemical Firmer. Allied Chemical was bid up sharply at the opening of business on the fuller details of the great disaster at the Badische works in Germany. This is the largest German chemical plant, and therefore the most important rival of the American concern, in case the new tarifft were not to give an adequate degree of protection. Delaware, Lackawanna. Delaware, Lackawanna and Western was the leader again among the rails. There was nothing new to account for the rise, which was simply due tc a reiteration of reports which have beea current for somo time that the dividend is to be increased. As zlready pointed out, Lackawanna is earning enough to cover dividends at the old rate of $10 a share on its doubled capital. It seems hardly likely that it will dis- tribute as much as this, but still such action is possible. STOCKS IRREGULAR, here that for a farmer to obtain a loan under the plan will involve so | NEW-FORK, September 22.—The di- much red tape that he will require | rectors of the Federal Reserve Bank the aid of an attorney. Farmers say | of New York have cut the rediscount ter, garlicky, at 1.20% per bu.; No. 3, 1.14%; no quotations on Nos. 4 and 5; bag lots of nearby, by sample, as BY PAUL C. HEDRICK. Spécial Dispateh to The Star. —_— ritory as far east as Chicago Is expgcted | tial).—Prompt payment in the jew- DAIRY MARKETS. to be of material assistance to far west- | elry business is conspicuous by its ab- ern wers and to stimulate shipments | sence, according to a 5th avenue »jew-‘ SEATTLE, September 22.—The un- | Let Fatima smokers tell you : Ask the Golfers loyed workers are fewer in the!to middle west markets. The rate de-|eler today. He declared that a 25 that the blanks applying for a loan' rate from 5% to 5 per cent. BALTIMORE, September 22 (Spe- clal).—Chickens—Alive, springers, per pound, 28a30; white leghorns, 25a27; old hens, 24a30; old roosters, 16al17; ducks, 20a25; pigeons, pair, 25; guinea fowls, each, 40a60. Egge—Loss off, native and nearby firsts, dozen, 40; southern, 3. . Butter—Creamery, fancy, pound, 44a 45; prints, 45a47; nearby creamery, 40a41; ladles, 30a32; rolls, 25a30; store- to qualify and condition, at 1.16. Sales—Bag lots, No. 4 red winter, garlicky, at 1.09%. yellow, 3.50 per Corn—Cob, new, bbl, in car lots; contract corn, spot, 6235; track corn. yellow, No. 2 or bet- ter, domestic, 70 and 71. sales. Oats—No. 2 white, new, 48a49; No. 3 white, new, as to weight, 45a46. Rye—Bag lots of nearby rye as to quality, 90a1.00 per bushel; No. 2 Wwestern export, spot, 1.09% per bushel; BONDS ARE FIRM ATHIGHER PRICES NEW YORK, September 22.—The two points of interest ir today’s bond és, 3 ! R aortiapot market were the federal reserve acked, 25; dairy prints, 28a30; process Hay—Receipts of new hay today |bank reduction and what effect it were 15 tons. would have upon the investment EW YORK, September 22.—Butter (—Weaker: receipts, 10,201 tubs. Cream- _ The demand is fair for good qual- ity of timothy and light mixed hay siuation and the result of the first ey, higher “thau ’(?’trm«'. 44"2:? at $16 to $21 per ton. Low grade has :::Erlng of $12,038,800 equipment Creamery firsts (38 to 91 seorey, 305 | 10 he 50ld for T tratont rye. nomisy | At a late hour this afternoon tho king st : ce, N S 0, ye. nominal: fonly information obtainable about 312 packing stock, current make, No. | No. 2 ' stralght rye, mommnal; No. 1|he scorormation obtalin: s P Eggs—Firm; receipts. 19,160 cases. wheat, 13.00; No. 1 oats, 14.50a15.00. were “going well” The subscription Fresh gathered, extra firsts, 45a48;] CHICAGO, September 22—Rallies|books were still open. In other ldo.. firsts, 40a44; nearby hennery|t00k place in the wheat market today | words, the offering had not gone off white. extra fancy sclections, 78a80;|After an initial decline. Signs of some |With a rush, like others have re- nearby hennery whites, firsts to av-|Improvement of export demand was | cently. erage extras. 60a’ nearby hennery browns, extras, 55a58; nearby gath- ered browns and mixed colors, firsts to extras. 41a52; refrigerator, special marks, 37a38; do., fi Cheese—Firm 22%; average run, 3 whole milk, twins, specials, 21%a22; do.,_average run. 21 RESORTS. ATLANTIO O\TY. N. 3. #eWILTSHIRE' Virginia_ave., 34 hotel from Reach. Private baths; running water: elevator; reduced fall rates. 8am Ellis, owner. N. J. Collins, mgr. HOTEL CONTINENTAL Always open. always reads: terras mo: MAN MANOR Jie & CHAP! ANOR iz fides cJimate and country. . Near Washington by ‘Write for booklet aad in- baths, capacity 500, roads; 201 s, e Remain Oven Urtil October. JOHN J. GIBBONS, Manager. 2| & § HARPERS FERRY, W. VA, HILL TOP HOUSE Frog= Fe ATLANTIC CITY. N. 3. = largely responsible for the renewal of strength. It was said 400,000 bushels or more had been taken-for Europe. Bearish sentiment earlier was based on evidence that there was no present stringency as to supplies. Opening quotations, which varied from un- changed figures {0 1 point lower, with December 1.24% to 1.241% and May 1.27% to 1.28, were followed by slight further declines, and then an upturn all around to above yesterday’s finish. Wheat crop damage reports from the northwest counted subsequently as a bullish factor. The close was firm, 1 to 1% net higher, with Decem- ber '1.25% to 1.26 and May 1.29% to 1.29%. Towa corn crop damage advices at- tracted some attention later. The close was firm, % to 1 net higher, with. December 521. CHICAGO LIVE STOCK. CHICAGO, September 22.—(United States Bureau of Markets)—Cattle re- ceipts, 9,000; beef steers, strong to 25c higher; corn fed advancing most; i 75; best heavy steers, weights, 6.2529.00; she canners, strong; best i bulk,-fat cows and heifers, 4.00a6.50; bulls strong; bulk bolognas, 4.15a4.35: calves slow to lower; stockers and feeders, dull. Hogs—Receipts, 25,000 head; active; better grades, 10 to 20 lower: others steady to 15 lower than yesterday's average; top, 8.30; bulk lights and light butchers, 8.00a8.25; bulk packing sows, 6.50a6.85; pigs, steady; bulk de- sirable, 7.25a7.50. < top fat ewes, 4.50; early sales, feeder op late yesterday. 7.40. RESORTS. ATLANTIC CITY. N. 3. lambs, 7.2! ATLANTIC Resaort City . But in view of the fact that the 6 per cent notes are put out at the lowest yield so far offered—namely, 5 to 5.80 per cent—no immediate oversubscription was anticipated. There was no doubt about the con- nection between the federal reserve bank action and the general bond movement of the day. Dealings assumed a still livelier pace. Prices pushed ahead and many new high records for the year were reached. New York Central debenture 6s were one of the leading issues to make a new high, crossing 94. These bonds, e Big Four 6s and the Balti- more ahd Ohio 6s, are all rated in the some class, and all of them were sell- ing substantially on a parity today. Higher Price Levels. Baltimore and Ohio_ 5s, Southern Write or_phone. M. WALSH D) A = WHEAT— Open, High. Low. Railway general 4s, Chicago Union ]E CLARENDON HOTEL . Efl; 1.28 197 Station 6125 and Rock Island refund- Special fall and winter rates. Running | May 29% 1271 ng 4s were all up half a point. water in all rooms. MONROE HUTCHINS. [ COR L The demand is keener still for more CHESAPEAKE BEACH. e 3 S ecent issues like the Great Northern NN i urlington joint 6%s and the CLEVELAND INN oA 7 =1 2 8 S mber 3% 3Ty ylvania The Great North North _Chesapeake Beach May ... FA rns rose a point and the Pennsyl- STILL UEE\ —— — vanias nearly a point. The Burling- BLUE RIDGE SUMMIT, PA. ton joint 6%s got into new high ground. ! Chesapeake and Ohio 4%s were up a point, and there was an active de- [mand at higher prices for St. Paul 4s {of 1925, Delaware and Hudson 7s, Atchison general 4s and Northern Pa- cific 4s. Industrials Rise. industrials United States Realty 5s reached 89 for the first time. Cuban-American Sugar 3s gained a point, Western Union 6s made a new high, Westinghouse Elec- tric 7s and Dupont 7s continued to gain and Goodyear 83 were very strong, up from 103 to 103%. The buying movement was resumed in Third Avenue adjustment 5s, carrying In the with gains of a quarter to a half point in Canadian government issues, in United Kingdom 5%s of 1937 and in City of Bergen 8s. —_— MONEY AND EXCHANGE. NEW YORK, September 22.—Prime | mercantile paper, 5.75a6.00; exclmnge/ firm; sterling 60-day bills and com-/ mercial 60-day bills on banks, 3.69%;/ VIRGINTA. Sheep—Receipts, 18,000 head; west- | them up a point, and Market Street o ¥o.... for Biack | ern fat lambs, 25 lower; fat sheep. na- | KAy bonds sold at 74, as against Circular Bass Fishing [tive lambs and feeders, steady: top na- | "[T5t SO 0 4% nother, for them, On the Shenandoah River tive lambs, early. 8.75; bulk, 8.00a8.25: ! (. ite sharp advance. Foreign gov- e o yueiila culls, mostly, 5,00a5.25; westerns, 8.75: [ &nment bonds were generally higher, ! Many a golfer will tell you he’d i TR .69% ; 3¢ 1bli 3 ab e B commercial 60-day bfll:, 3.69%; de- rather his niblick than his : - == mand, 3.73%; cables, 3.13%. Francs, o i /2 = & S d, 7.10%; cables, 711, Belgi Fatimas. With players and with Ziers crery step's @ Smule e Tt e ies, Fatima is steadily a- N the streets, along the bea¢h or on the world Gulidars, Semand 3U85; cablen, 3115 favorite. F 4 5 3 famous Boardwalk, every where in fact, a spirit Marks, demand, 0.92 we.;::lf:i'mg':;' ~ il 1 1 G lem: , 5.05; L, 3 Y .Ig Cbe of l."Ppme" is reflected in countlees ‘21"7? Norway, demand, 12.60; Argen- ! ”w” smiling countenances. tine. demand, 30.62; Brazilian, de- wi The Autumn sun extends a cordial welcome 5 o, 48 A%: Montrenl, 9% er cet in its bright cheeri sea breezes waft co; rays ort and refreshment. Every form of pleasing and healthful Qutdoor recreation is provided— GOLF, TENNIS, MOTORING, FISHING, BOATING, SAILING, and the fresh , etc. discount. Government strong. Time loans steady; 60 days, 90 days, 51 per cent; six months, 5% per cent. ) Call money firm; high, 5; low ruling rate, 5; closing bid, 4 fered at 5; last loan, 5; call loans and railroad bcifls - - THE LEADING HOUSES against acceptances, 4%ai%. ll"l( Mwifla.'nhf-lflm.‘)h,h by ‘ire Amarican Fian uniess otherwise noted. N w Heotel The BAR levEn\ QUOTATIONS; = e e | (WL B0 Gl NEW YORK, Septemper 22.—For- o em i e e e E gign bar silver, 6% Mexican, doly . ars, . R i | T ey 'LONDON, September 22.—Bar 4ilver. ). ik TECSPevEme | | Hotet Choises 41%d per unce; money, 3% per cent. AN liott | e e, | ) BThempem Discount rates—Short bills, 4 per cent; . Mack Lot o fiotet Sirasd hgeids Homee tkree-month bills, 4%a4}% per cent. St F.B. O and N > E!.'.'u&# 'l...un-u- ke Nelmhurst' PROPOSALS. d Seiet w .ll_-&-.“o'- n-:‘a“c-.;mo-—- OF asnington, D. CrSealed pro- * ‘ = : e Wlllwlulxmflvedl‘nullfl2y.mA0e- Convenient and comfortable train service from all points. Tober 22, 1921, and then opened, for furnishing . For fall informatien, schedules. rates. ete., cousalt local tobee 223021, anditim opemad, S s 1L ticket agents. & Teflecting pool in West Potomac Park. Fur- e ther information _;!I_J;IVIMM’IM. e — = 22,24 ocif,; e