Evening Star Newspaper, November 13, 1921, Page 39

¢ FINANCIAL. THE SUNDAY STAR, WASHINGTON, D. C, NOVEMBER 13, 1921-PART 1. Week’s Price Range New York Stock Exchange whb&nihnuflw-bcfl.&hfiy at the Office of The Evening Star. N-fi.n’-u-.mu Bigh, Zaw. Biv, Sp INAGTVITY OF STEEL EVIDENT Volume ‘of New - Business Smalt—Copper Maintains Gains—O0ther Metals. NEW YORK, November 13.—Th . Yolume of new busineas in steel small, and last m Pndueon are fal well supplied with unflledorders, hur'l'e“r. and the Jack of accumylated stocke m k statistioal position. Thi lbom nwaz although ln Some cas en a disposition to shade Becure ordera. - A better in- v“ry for W rlum-d oqlllpmsnt. inctud- new vt;f l!ouml Ilctnr lend ?vr 1 lmn has fallen improve; in copper "Naa beon Tully maintained by a continued fair demand both for domeatic consumption. It some business might for ent to England on the baale of 13% fa.a. for elecirolytic, but ne copper offering at that Dprice, and the sales Fave been chiefly to Germany, France and Belgium at pricea ranging from about 13% to 13% c.Lf. continental ports. Domestic in- quiry hu shown a further improve- ment, id it 18 reported that second- hands nuw have very little copper to offer for spot or nearby shipment and are asking higher prices than pro- ducers for forward delivery. The pr ducing__interes q iber shipment, Tin rcnuun- quiet and featurelesa from the standpoint fll both _con« -m'gd“ :y flu:m ons nul::tll:n‘ and Straits. Raview of Other Matals. RANGE OF MARKET AVERAGES. - The lvllo'lls- chart shows wentative stocks iz - ealt inhon the covered ia_the past mon Thursday, November 18, '}l activity of the market. 'OR INDUSTRIALS ———— ———SCALE F High 1820 prioy naconda * Buliwin Loeo & Ohh Dtl . Hll‘ Qetober 11, Tuesdsy Qctober 13, Thursday Oetober 14, &l . Lead helda ateady here, sithough | Ocieber 13 . casier tone is noted in shipments from the west. Demand on' the whole haa been satisfactory. Zino been ‘sirengthened by dlninhhl-‘ stocks of zinc ore and slabs, while shipments have been somewhat larger due to an increased demand for ore and metal. Antimony is quiet and e: GRAIN AND PROVISIONS. CHICAGO, November 12.—Persistent buying on the part of strong commis- =ion houses and shipping interests Zave a big upward swing today to the wheat market. Prices closed strong, 3% to 4% net higher, with De- cember 1.09 to 1.09% and May 1133 to uxi. Corn gained % to 1 an oats 3 to %§3:.. Provisions finished uannud to 12 lower. It was cytrrent gossip that the buy- ing of wheat was to a large extent loa combjnation of eastern in- its acting on the basis that wheat prices were too low and that an im- Dortant advaice was to be expected. Purthermore, advices from all direc- tions told of country seiling being limited, with primary receipts great- 1y reduced as compared with a year ago. Continued lack of moisture was also reported from the mouthw n. where new winter wheat seeding been delayed and the crop hu b«n otherwise handicapped by drought. In addition, millers were after yeliow hard winter wheat here, a grade ‘which of late has been a drug en the market. Exhaustion of the stock of No. 1 Manitoba in Liverpool and pros- pects of a decrease in the United States visible supply total on Monday | tended likewf{se to help the bulls. No important reaction took place, and the close was practically fhe top level otc the day. orn and oats were moderately ace tive and higher in sympathy with wheat. Seaboard messages reported an active Buropean demand for corn. Packers’ selling of lard had a-de- Ppressing_effect on provisions, NEW YORK. November 12.—Wheat -#nh“ 3 No. 2 red and*No. 2 hlrd. 147, 1 Manitoba, 1.19: a4 N 2 mixed durum, 1.05 e.Lf. track New Yark to -rrlv-. Corn—8pot, firm; No. ' yellow, 65%; No. 2 ‘white, 65%. d No. 2 mixes $4% clt. New York. lake and ra Qats—Spot, firm; No. 2 white, 44a Lard—Fasy; middle west, 9.85a9.95. Other articles unchanged. —e— NEW YORK BOND LIST. 18, Tueaday Octaber 19, Wedugsday Getober 20 Thursdes October Liberty 2d 4s . Liberty 1st 4!4s . Liberty 2d 434s . Liberty 3d 4l4s . Liberty 4th Y4s . Victory 3%s .. Victory 434s .. November 12, 1921: . S. liberty 3% Belglum 7%s. B. and Ireland and Ireland 5 and Ireland 6 the, 3, 193! . 193 Atlantic Refinin Atlas Powder 7%s, 1 Baitimore and Ohio co Baltimore and Ohio _6a Baltimore and Qhio 8. Burlington (N. Canadian Northern Central Leather Gs Central Pacific s, Chesapeake and Qhio conv. 4%s. Chesapeake and Ohio gen. 4 Chenpnke and Ohio conv. d St P. ref. 41 orthern -Pacific_ 4 guklrd Motor Car Iu. 1931. Pennsylvania bs, 1963 Pennsylvania 638, Pennsylvania 7s. 1930 Pennsylvania gen, mort. 4%s. Reading gen. 4s 0 973, | §t. Louis and San Francisco 8t, Louis and San Francisco 8t. Louis and San Francisco Seaboard Air Line ref. 4s. Seaboard Air Line a 13 e Sinclafr Cons. Ofl 73 % PARIS BOURSE STEADY. PARIS, November Prices were steady on the Bourse today. Three par cerit rentes, 53 franca §0 centimes. Fixchenge on London, &4 francs 67 = cour.lmel. Five per cent' loan, 30 'rancs 20 centimes. The dollar was nnnM at 13 francs 863 centimes. OOTTONSEED OIL EASIER. YORK, November 12.—Cotton- ofl was euflor under scattered Southern Pacific 1st Southern Pacific conv. Va.-Car. Chemical 7348, wflnn & Co. 1st 6a... BALTIMORE LIVE STOCK. BALTIMORE, November 12.—The general live cattlc market is steady with moderate receipts of beef cattle and light receipts of choice lambs and veals. Demand for these ~cattle steady at ‘the following quotations today at Light street wharf: Beef cattle—First quality, per 1b., 7a8; medium, 6a6; bulls, as to qual- ity, 3a5; cows, choice-to fancy, baé: oxen, as to quality, 4aé; milch cow: choice to fancy, per head, 50.00a75.0 common to fair, per head, 30. 00..‘0 00 alves—Veal, choice, per 1b., express, 13; choice by lwlh uu ;: s:loxce. heavy fat veals, do., 1lal m 1at ouvu._,uls heavy ro REW-OFFICERS NAMED. Washington Couneil Holds Special . Installation. "nhln‘lnn Council of Kadosh, No. 20, A. A. 8. R., Internatienal Masonic Mcratlon (C. 'B), elected and in- atalled ollleers for the ensuing year un,le. 1111 19th streat northwest. 'nomu»r Hnmr. eminent com- mander; Herron, mars l'. Ewule, captain nnefiu‘.’l FrasE do., 9a10; heavy smoe! da, 6 rough, comnu thin, 4a8. lhup-—No. l lln') m b, 3%; fair to good, 1%a3; nll bulk, lambs, choigs, per 1b., 9a! good. m. .common, thln. Hogs—Stral, h per 1b. a8 to quality, §: live pigs, n 12; shoats, as to size and quality, 8al10. Dreund hotr—(“helee light weights, pound, 13 to 13; mediu 1a12. PETITION FOE FORECLOSURE. MEMPHIS, November 13.—Repre- hal; | sentatives of the Central Union Truat Company of New York, holders of mortgages on the property of the|% Electric Memphis Gas and now in the hands of receivers, filed a petition in. federal district court here today demanding foreclosure lm certain bond uee ‘because .of the . m-uh Twenty Industrial Commen Il-fl- l!nl Are: tral Leather CoraBradusis THE WEEK'S BOND MARKET. Following is a summary of the fluctuations of the prices of active bonds on the New York Stock Exchange for the week ended yesterday, NEW YORK COFFEE MARKET. fin&llmly the m“\u of o) y NDN- York Stock Bx to and including the oclose l‘w seqtion o? n:'aut Inlllul.u a-- muv. (Oopyright, 1921, by W. F. Meyer.) High 1931 te Date .109.88, January 3 |Industrisls ...... , May 6 . 85.37, November 3 |Ralls .. . January 15 Low 1920 Low uax to Date . 6675, December 21 lniullrll!l PERRTI 63.90, August 24 . 67.83, February 11 | Raily .. 85.62, June 30 #‘l‘&vl. ‘I' Steel 8 llvvl Texan Compa -m.mn US Rul - ’l‘wnt, Illlt.ll Commen Stecks Used Arer R ERC-ESee FEREREr) ¥ AR November 10, Thursday - LIBERTY BONDS AT A GLANCE Myturtty 6-15-47 Previous Low. Close. 5.24 NEW YORK, November 12.—The market for coffee futures was very qulet today but ruled lower owing to the easier showing of Braail over yester- day's local adjournment, and scattering liquidation. After selling at 7.90 eug Jlnunh Scpwnhu. 8% a8' - i ot .o.o.di(- rcre dlll:’t ,tdod.ny. with ll)l:l weakening repo: n gray goods lines. Yarns were lll:h'!’ lmr on & dull demand. Knit goods were sea- -onnbly quiet, with mllll umr em- loyed than for some time. were quiet, with trade light. Sll . showed no ge of moment. continued firm and in fair —————— Linens | a B 0 30 Mg By “ 8 0 28 83 o734 053¢ 264 & 51 51 20§ 8534 20)§ 25% i LA PR R b3 Be¥EEg-rgF 3 3 % Allled Chem!oal. 46 Allled Chemical 94 3634 Allis-Chalmers pf.. 82 Am Agri Chemical, ' 3134 Am Ag Chem pf.... 5644 Aw Beet Sugar..... 28} Am Bosch Magnete. 33 Am Smelting Am 8tesl Foundry.. Am Tobaceo (B).... A Wa Wis 6% pt.. Am Wa Wke 7% pt. Am Woolea. .. Am Wfllhl PI' l‘- Atchison pf. Atlantic Cst Line Balto & Ohlo. . Balto & Ohlo pf Booth Fisheries.... Bklyn Rapid Tran.. Bklyn Union Gas. .. . Calumet & Arizona. Canadian Pacific. 118% Central Leather. 304 Central Lea p?. 6334 Centralof NJ. m Cerro de Pasco. . k1) Chandler Motors... 47% 5% 7 1634 L) ChiMN &StPpL... 314 Chi & Northwn. (4 Chi & Northwn pf.. 108 Chi R1& Pacifio... 33 ChiRT&PS%pL... 08} 0 4 124 2% Cleve CC & StL. 52 Cluett Peabody. a4 Coca-Cola.... 393 Colo Fuel & Iron... 244 Colo & Southern. Columbia Gas. Columbia Graph. 3% Colum Graphonet pt. 16 Coneol Gas. 04 Consol Textile 1% Davidson Chem. ... Del & Hudson. Del Lack & West Dome Mines... Endicott Johnso: 634 ggg:nfisxufi Srgguryesy Famous mnym Famous Players pf. Fisher Body...eeee Fisher Body of O pe.. Fisk Rubber....... 1% Freeport Texas.... Gen Am Tank Corp. Gen Motors. .. Gen Mot 6% d! Gen Mot 7% de| Goodrich (BF).. Goodrich (BF) pf.. Granby Consol..... Great Northern pf.. Great Northn Ore.. Inter Motor Truek. Inter M Trk let pf.. Inter M Trk 2nd pf. Inter Niekel Inter Paper. Clesa. Ghge. —1820— Bats, © + M| 4 B = Kelsey Wheel...... uu fod W4+ %] M 16~ KenneoottCepper.. X 2% NK+3 | 1% 86 = Keystone Tire,. 104 934 N + K|INH 10 -6 Kresge (88)....... 173§ 18 20 o4 23 a © — 35| W g M+ 16| B 43§ 34 Lehigh Valley.. 353¢ -+ 134|203} 138} 2 +5 |4 10 a 126 ™ 441 |48 30 2%+ 34|164% 138 13 Lornara (P). 3 — %jU8 97 T Louis& Nash. 436+ 33| 594 356 7 Manhattan Ei Y+ 34| 29 18 13§ Menhattanshirt... N BK 8934 + 134 | 30% 138+ 65| 184 65—~ 34| RN 243 + 95 | 107 e+ e # 52 1834 19%¢ 6536 — 14| 336 22 ~ aavaleStesl. 2434 a4+ %] 186 8¢ — MinnastL(a) 7 3B - %|PK 8 2 85~ 4| W 18 - 35 +10 [ 494 394 - 61k 1) 35 146 — o435+ 93¢ | 38% 18 — MullinaBody. 2% 2% 8 +1 |3 12¢ = XatlAem By 13 7 4+ |3 15 - NatiCloaka 30 264 4+ 13§] © 26 6 Natl Enameling. 413¢ *39 84 +4 |8 6% 0 NatiLead.... 84 + 31| 8% 9 <~ Nevada Copper. (+3 |77 6 6 NOTex& Mex. @ 8535+ 195] 794 684 8 NYCentral n4 M+ 3| 04 ¥ S Nycast % 3~ 34| BV % BENY Dook 2 n+3 |54 ¥ 5 NYDockp! 8% 125 + 13 8§ 123§ — NY New Ha: 13% e - 94 B 16 3 NYOntaroAW... 194 10 105 + 1361006 8906 7 Norfolk & Westrs.. 964 94 s8(+ 1| & 3 3 North American.... €% 4035 g+ 135 ¥ 31K 3 NorthAmericanpr.. 2 3 U — 3| 8¢ CC T NorthernPactSe... MY 75 O +1%5| ¥ 2 — NovaZcotiaSteal... 2§ 20l 38 4 13§ — Oklahema Prod. 36 34 1015 + 1% | 3% 184 2 Orpbeum Ctreutt. ] 864+ % 148 8 8 Ots Elevator. s +2) 16 8% — s+ 3| S8 206 2 s+ | W48 = 2334 4+ 74| 8578 46} '5 PacifcGasa& Elec.. 633 64} AU+ % 47 273 13§ PacificOMl..... 46% 3% 9% + 53| 526 38K — PactfoTel&Tal... 52§ 52 10236+ 435 | 76 38% 6 PanAm Petral.... ME+ % T 344 6 PanAmPetral (B). 47 3% sS4+ 4| 3% 6 — Panhandie......... I% 14 20§+ 3| W 3% 2 M o+3 |0 8- 10234 oSl o- w| D 1% - ne+ KR B oo - s~ 3 50 B PereMarqpriorpt. 563 5% ay+ 1% 3536 264 3 PhilagelphiaCe.... 33§ 3035 32§ 16 — PhillipsPetroleum. 37§ 28 :}( JK = Plerce Arrow.. 1456 134 uH% 5% — s s 30 8 64 1 32 ~ Pitts & West Va. 2] 1244 114 Pond Creak Coal. g“ l‘;(‘ — Preased Steal Car... 613 60 — Producers& Refinrs 25} 213§ Rep Iron & Steel. 7% 7 Republrnasy 1 64 — Rep Motor Trk. S+ % 4034 520 Royal Duton. ., P % 103§ 1 St Joseph Lead. %47 19§ — 8tL & San Fras. o % 10)4 — StLBouthwestrn. Wi+ % 28 ~ StLSouthwn pt. RK 513 + 6% S s, ay e 24 ® - 59— 653 W5+ % 1 - < 2% 0% + 24 4 — Shattuck ArlzCop.. 6% 6 5+ 15 30% 74 Shell Trans & Trd.. 37% 364 3K 164§ — Sinclalr Consol..... 3 2234 1%+ X 324 — Sloes-Shemeld. . 383§ X+ 3 5 6 % BH+ % = 185 a -1% = o ¢+ 1 s 4 % 10034 + 2 1244 5 Standare O NJ.., 118 1883 2% + 1% 10654 7 Stamd ONINJpf.... 13 11086 %+ 3 i g B SO ne—- 3| 1% 3 - 18— 4| B B - a4+ | 106 6% — 00 +4 | 4% B 3 4034 108% + 13| 5 104 = 2% 19+ x| 3 1% 1 308 T+ 6| 1% — 1556 My 12 4 3| 19 8 Tide Wateron. 19 ek 18 + %|7 4 6 Tobacco Products.. 61} 583 1%+ %] 16 8 — TolStL&Westrn.. 14§ 14 -l 15 — ToIStLAWDE.... 24 )5 o 1% 6 =~ Transcontinental... 91§ 8% 0 + 4 57 8 Union Bag&Papr.. 71§ 65 PP 15% — [ 19 86 + 94 m 1 24 m o+ % @ 4 o ox 194 8 7 108 1013 8 +1 19 - g 284 Wt ? ® - 0 633 1013¢ + 1 x 3 u uss 003 + 1% 6 = . 84 8 1306+ 1 7 - 34 20 1134 + 1% % 6 505§ 4835 04+ 3 8 5 USCastIrPipept. 47 45% 304 + s 8)4 — USFood Pred.. uy% ny g+ ¥ 42% 4 USInd Alcohol 464 4 s 4 1 41 — USRealty... 853§ Baxg 4 +3 403 — US Rubber.. 403§ 463 B+ 1% 7 8 USRubberlstpt..' 90 86)5 g4 b 9 — USSmelt Refin. 8 18 203 + 1% X 5 USBteel. 833 80 8% + 6 105 7 USSteelpt u g 7634 + 36 a3 & K 5+ X =% — brs ] ™+ s o T s S n o+ ¥ - 0% - A .y P 5% - u n 0%+ 1% 1% e 1 06+ 134 B - n oy 3+ 3% 12% — 186 18 8- X% 95350 Q e ™ 43| s 86— W) mg+1 1 - u v 8186 + 136 516 8 8 7+ 4 % 1 87% 853 S+ % 81% 7 WestinghouseAB. % 88 5 1 38§ 4 Wastinghouse Elee. 4T% 453§ 1+ % — Wheel& LakeErle. 8 7§ 8536 + 14 = Wheel &L Erle-pt.. 15} 14§ U%+3 4 White Motor. g 06— % = 16 1w X _5 ay u ‘1 % i “ -3 % | > 14 N 233 + 3% = - > w5+ x| - 3 W 8136 4 1] [ 3 1355 "13334 8 +1% 4 - 6 a4 16 “*wtm“ 2. law. Clee. Ohge. The 1% sk for booklet “A” it's FREE. :;,’: ! 10 e - William S. .Phillips :fi- I Call, Phone or Piest Mortgage Investments P Write for & | 1409 New York Ave. Main 88 a+ FINANCIAL. SUGAR MARKET STEADY. NEW YQRK, November 12.—In raw sugar futures there was a very quiet trade,and prices showed little variation from.the finals of Thurs- day, closing blds being unchanged to one point net lower. December closed 2.4¢; March, 3.26; May, 2.36; I rket for refined was un- changed ta 5.20a5.30 for fine granu- lated, with business still limited by the inability of. refiners make prompt deliveries. There were no transactions in re- fined sugar futures, with clu-lnz prices unchanged. December close: at 663; March and Mav, 5.30. Su'l futures closed quiet; approxi- LOANS If you have money to in- vest we can safely place it on gilt-edge first D. C. Mort- gages. Our record of 30 years insures your protection. Cour- teous treatment. Percy H. Russell Co. S. E. Cor. 15th & “K” Sts. Wi+ 54 u + 1036 + SE5u 85x§ Becured by first deed of trust om real etate Frovating, (arerast sad oot Joseph I. Weller 22, HOLD YOURS Do not part with them unless compelled to do so. 8 & g2 10 Attention, Builders BUY MORE Stimalstien of home building. Atpresentattractive prices, B thus reducing cost. Booklet No. 210 gives interest- ing and profitable information. Write TODAY for your free copy tate, R BT NATIONAL MORTGAGE AND INVESTMENT CORPORATION Temporary office, Sansbury Blix. 1418 Eye Strect N.W, SrxesSsas 3 PRI ROSE & COMPANY | 50 Broad Street, New York City S K5 L0’lb—-| KARDOS & BURKE Baltimere B S 8858 xs& Twxyrxx & g3 Jriy i iienbeoriie i iy g B PRI TR Sy R iy PSSt i o e Americas e 2 - RRERER LOANS ON UBFJ!TY BONDS Conservative Valuations 1%Tum: 83 §xlggsgzggne x§ o 3 x Do you want to know? —developments in new oil field and possible market effect —advance in crude oil prices compared to market prices of oil shares —market trend, charted —late news on Indus trial, Copper and Sil- ver Stocks —price range, volume of trading on over 100 stocks —Ilist of bonds yielding over 65 —how to buy or sell stocks; deposit require- Accounts rish money in any amount for Wnnh'nfl.on Real Eltl!c'En . Stone & Fairfax bed We solicit sccounts of firm ments:; commission bl Tk rates, ete. :"+ ?" Statement service i it - ey are in the 94+ 3 1336 N.Y. Ave- INVESTOR & TRADER 0% + 16 copy given on request 8 - 3% Ask for UU.SI5 204+ 3% s+ v ONES & BAKER 8%+ 3| Money sty o+ 1%\ In Any Sum — oW 9%+ 1% Our connections locally and 1~ New Yora Chicage ‘Sosion Poi 186+ 34 other cities enable us to fur- Pisubargh Dewolr Baltimore C 24+ 3§ = 2+ I B+ ¥ P 3 3% Yol do58gsp FIFFIL Exm 'll It Has a Market, I Deal in It* I -p«-i-]tud service to ia- tors holding depreciated invest. aemt securities wishing £ sl o strengthon their position. Quota- tions and opintens without obli- gation. Partial list below: u 252 ++4+ »EF g F 5§ ++ S fee ¥ » R 2 i o geg8 +i+ o Hpy! For Women Investors ] ! RRRERE ‘%‘F Our First Mortgages appeal 951 1 to woman investors because 4634 4 3¢ they offer absolute security of 2%+ X principal, certainty of yield 3056 + 6 and freedom from all worry l::”:- o] and management. 6034 + :;“ No matter what your in- 064 vestment difficulty may be ycu 234 X will find a trained official al- 9+ 3 ways courteous, always ready NK+ 8 to serve you in any capacity 23 + B¢ where we may be of service "?‘I to you w o+ % 1 B. F. SAUL CO. une+ ‘ Mortgage Loans InvEsTMENT BROKEE. + X|4f 1t HasaMarket, I Deatinte|| 1412 Eye St NW. + 35 WALL ST., NEW YORK Main 2100 + + + - u + : + This Wil it be fike the “Flying Dutchman® the + phantom ship of legend which appeared to + Booklet | many men on many seas, but never reached + win |> \ - Or like the modern Hner carrying its carge + Help to be delivered at the appojated time and You place without failure or delay? If your funds are invested in our well se- lected First Mortgages on Washington Hemes paying 7% interest, YOUR SHIP WILL COME IN when you expect it, CEIE R I & 38 It I A | BERx s #x"xEVERE Tsx ’”fi:ii":fi? ¥ FwxxdS"Fxd