Evening Star Newspaper, November 25, 1921, Page 28

+ Nauonal Hjbernia Bank and Trust Company, Dr. “Walter Llehvn-l Nl'.ionl.l Ba Adilu. muldpnt. Bix Day in Bonds. After resting ober’s .Netl Gain 0vef Sep; itember $20,742.86—Ac- 1 D( inactivity. which have slumbered tion in Potomac 7s. BY L. A. FLEMING. burmg the month of October the «§pital Traction Company’s net earn- increaged $20,742.86 over the net the month of September. as compared with August net earn- s of the road 'October showed an inreage of $23,761.31. ross income for October was $845,- 58891, from *which bond interest and oger deductiens roduced the net l lowest' price since’ the ad 103 was' checkéd; then for a steady an %, 103 and 103% on th closing right at the top $3. Potomac Electric s months ended with the gross -income wad 7344, from which fixed charges and other deductions. S304.- ¥3155% being deducted, left a net in- cgioe of $1.241, 141.56. L requires $810,000 annually to pay the 7 per cent dividend on the énm\ 000 capital stock of the, cor- l’ ration. WFhe showing for October is emi- Iy satisfactory, or should be, to shareholders. Important in Banking. he mames of the administrativ worklnl ezslen, to sold on today's session. tl and W. G. Fitzwilson, “secre- and it Compeny, Youngstown, ‘Washington b‘ni(er- are to tender & reception to'.these gentlemen at uscher's. s x 5% IND IMMEDIATE town, Ohio. for ‘a week !there was. anotigh setlon i tha local mars ket today to make up for the period The Potomac Electric rel\lndhll 78, Qume out of their stupor, wukenin[ in the initial tradiog to .102%, the lvance waking up well maintained ad- vance to 103%, selling at 102%, e WAY, Up, an There has apparently been no ‘ex- cuse for the temporary reaction ulfleu it was a disposition on the part o some buyers to get their quotas atia slight reduction in price., The bopd list of the New York Exchange has been steadily climbing the time. the ested and ged, and money is llo&b and lteudl[y all $29,000 "of the bonds referred ‘Washington Gas 5s also moved up sharply, making a good gain to 843 S“Po(onn\c Xlectric consolidated bs, Ye Capital Traction, firm at 91. Rail- way preferred, sold at 64% to Hank stocks were more or. less,free- 1y mentioned. Trades included a small {lot of Commercial Nationul shares ‘at us and a few shares of Dftrict Na- {tional at 168, with Union Trust sell- 64%. cammittee of the American Bankers'|ing at 11832, Continental Trust was ! mwociation, scheduled to meet here|nominal, byt firmer, 90 bid and ‘96 in_sssion ‘December 12, 13 and 14, asked. iclude many of the most important ; banking men of the country. BT “During their stay here Thomas B.| J P. Morgan & Co. have issued a MeAdams, president of the A. B. A..| warning against counterfelt trust re- amd some other members of the com- MMtteo will mect with the President ajd various members of his Tmpeciatly with Secretavies Metion and | Hoover. ‘he full list of the committee and in public. r connections the rid follows homas B. nt, Merchants banking vice presi- Bank, Ri ave r presen Strathmore fied. nt, Marshall ceipts purporting to be receipts for the twenty-year external gold loan Tls per cent bonds of the French re- 'll‘sfi l‘iborller 3! ‘lele cnunl?r(eig re- celpts is too dark: paper is of too v heavy texture; serial number is n-nd_l('lévbllnd in Atlanta and five other stamped In too light a color; those so water-mark while the genuine receipts are on American Bank Noté Company bond: The signature is fac- ukee, Wix.; Walter W. Head, presi- i . Y nt, Omaha National Bank, Omaha, |5iile instead. of hand-written. \ b.: John S. Drum, president, Mer- Business Conditions. giniile Trust Company. San Francis-| The credit clearing house weekly G Calif.; Joseph Wavne. jr., presi- | réport of merchandise activities by dent, Girard Nationul Bank, Phila- (manufacturers and wholesalers shows delphia, Pa.: J. W. Barton, vice presi- | very active buying by “the general National _Bank, dent, Metropolitan Minn.: I, H. Kemper, Minneapolis, public on the Pacific coast. northern agricultural and east sections, with president, I Trust | the buying of ‘the country as a whole mpany, rank L.|on a very active scale. Hilton, vic k of Man- ! There is & slight increase in the in- hattan Compa debtedness, but the general showing Hpuse, president, Guardian Savings |of the country as a whole is good, and eny, Cleveland, Ohio; Ravmond R. Frazier, president, Wash- iggton Mutual Sayings Bank. Seattle, Wash.: John G. Lonsdale, president, of Commerce, St S. Hecht, president, Work on the Homeric, Urleans, La. present are Messrs. Fred . Bankers' Trust A. T New Also to b “ EI N % nd : Francis H. especially good for the Pacific coast. WHITE STAR LINER READY. the White Star line’s new 35,000-ton passenger ship, has been completed and she is now ready for docking” at Hamburg reparatory to her sea trials, accord- ing to reports received here. After |the trials the Homeric will proceed to Southampton. for outfitting. Guaranty first voyage begins February 22. Her MARIETTA PARK LOTS AT YOUR OWN, PRICE Go see the property and you will be convinced. , Select your lots and coma to thesalebomomwpremd’mbuyntyourmmne. B To view Marietta Park, take Takoma Park car on 14 ;ve.nndgetoflztxennedymdsthahuborgetoflat streets—bourdwalk to property. Send for I‘)irdseye view and AP BOLL WEEVIL Q hied Gram, Produce e R g ARy ORE, " November 25 (Bpe- 3 dutor of being quuqnun«l because | €lal).—Potatoes, new, .. 2.7683.267 No. 2, 1,50a175; 100 pounds, Terrell g Feo | L082.00; No. 2. 75a1.00; sweets and flalnt of word from New Orleans |Yams, barrel; 3:00a4.25: No. 2, 2.00a that the cotton market had been fl-'lsa. bushel stock, '1.00a1.50, Beans, rlnk bollworm infestation in the Uommlnlone:‘ur( Agriculture ;:et:ud‘gy. nfimu that Texas mightinamper, 2.0023.35. ‘Beets, ‘bunch, 4ab. "Although certain sectiona’ of the|Brocoll, bushel, 20a25. cotton-growing grea have been quar- ts, quart, - 1.50a2.00. c-bhn. antined, he sald, he was reasonablyton, 30.00a48:f ts,” bunch, 5. certain that other parts would not b cpync atS W Carro, | o:ncc'u::y. uarantined until the question is dfs- l. l’& at meetings ”og the Southern doren, 50a85; crate, 2.50a5.00. _Cu- Entomelogists’ .Assoclation, Novem( cumbers, crate, 3.00a4.60. Eggplants, ‘.';::‘,j"mlc"e‘:“;:': Jfederal horticultureerate, 2,00a3.00. Horserndish, bushel, Commissioner Terrell added that|4.0085.00, Lettuce, basket, 1.00a3.00. several states already have quaran-iOnfoms, 100 pounds; 2.00a5.50. Oyater % tined against Texas cottonseed. but} expressed no ol mon to the possibil- ity _of others dd¥ng so. Copies of a resolution adopted by the Texas Cotton Breeders' Assocla- tion” urging a special session of the legislature to combat spread of the were made nllnu, bunch, 7a8. Parsnips, bushel, 75. Peas, hamper, 3.50a4.00. Pepflers, crate, 3.50a4.50. Pumpkins, each,’8a 1 voy cabbage.. bushel, 40a§0. Spinach, bushel, 7oa80. Kale, bushel, Sq crate, 3.00a4.00. To- pirk bollworm in Texa: Ppublic here today. bushel. Apnlel, mkefl barrel, 6. 00.7.00; No. o8, i 9 . MILLIONS IN LOANS. |2lch 2a0as00; looss, fon pounds, 2008 Grapefruit, hox, 2.50a4.00. Oranges, Insunnca Company Expends Large | box. 3.00a4.50. SELLING PRICES AT NOON. Sum for Housing. Wheat—No, 1 red winter spot, no NEW YORK, November -25.—The |quotation No. 2 red winter spot, Metropolitan Life Insurance Com-|1.17% : No. 2 red winter garlicky apot, pany has authorized loans amounting | 1.163 ; :\anhr wheat, 1.16%; Dq— to a little over $]11,000,000. Of this, [cember, 1.18%. $7,774,600 was on" eity property and Sales—None. $3:210.000 on farms. Coru—Cob corn, old, yellow, quoted Most of the money lent on city |at 2.60 per bbl. ~ Confract corn, spot. property was for housing, including {62, nominal: track corn, yellow, No. £ 109 dwellings in New York city |or better, oid, domestic, -66 « housing 202 families; 30 apartment{ Sales—None. houses in New York city housing 917| Oats—White, No. 2, 43% per bu.: families; 229 dwellings out of town |No. 3, 40%ad> 232 familles and 22 apart- %a42 per bu. 2 housing Rye—Nearby, 75a85 per bu.; No. 2, ment houses out of town housing 163 | wegtern export, spot, 94%, nominal, per |- families. " The total number”of, fam- ilies provided for is 1.5 hese’ L / - loans amount to more than $4,500,0008 ynitcs :‘fi"fi:-a,l“zn;g;‘;u e e IBesides ihiy, Jouns “were made o {13 requirements ot 160083180 bu.; No. 3, no quotation. moxe than 33,000,000 on ten business | "L CONCI L font vy, rominal; buildings. I\n stral b ight rye,” nominal; No. 1 Loans on dwellings were made in wheat, 13.00; No. 1 oat, 14.50815.00, CHICAGO; ‘ Noventber . 25,—General buying of wheat topk’ place 'in;the wheat market today during the eatly part of the session. The. stimulus came .from an upturn fin. prices at Winnipeg vesterday and ffom fresh advances at Liverpool and Buenos Aires, Reports were current that Japan was purchasing wheat heavily in Australia and that India was also buying. Initial quotations. which ranged from % to 1% higher, with December 1.11% to 1.11% and May 114 to 1.14%, were followed by ma- terfal further gains. Corn and oats were firmer with wheat. Corn_started % to %a% higher. May, 5% 10,65%, and Jater reacted a ttle. Oats, after opening a shade to % higher, May qu 3815, held steady cities in Georgia: in Birmingham, Ala.; Salt Lake Clty; Norfolk, Va.i cities around Boston: Chicago, and a fialf-dosen other cities in Tiiinols, in Gary, Ind., and in Milwaukee, and in- other city in Wisconsin. The farm loans, amounting to over $3,000,000, weAg scatterefgthrough the west and south. . UNEMPLOYMENT RESEARCH. NEW YORK, November 25.—A seminar in the study of unemploy- Imtnz was started this fall at the Uni- wersity by Wisconsin by Prof. John R. Commgns aud Don D. Lescohier of the .departinent of “economics, seventeen _graduate students and twen' eight seniors in economics studying the problem of unemploy- ment and business cycles. The semipar is endeavoring to develop definite plans for the reduction of unemployment in the United States. The study will cover at least two years, with fleld work next summer. Methods used in collecting and pre- Inlrlnz the material will be: similar to those emploved in the study of "industrfal government. \’/ Jll"fi ,,\ I\\ ',, “I \ 41/1 % witl at about the Infjal figure. Higher .quotations on hogs helped to strengthen provisions. Increasing seriousness of drought reporta from Kansas together with news of drought in southern Argen- tina led subsequently to additional upturns in wheat prices, but profit- taking then brought about setbacks. The close was unsettled, 133 to 1% net higher, with December 1.12 to 1.12% and May, 1.15 to 1.15%. Late downturns in wheat prices had a bearish effect on corn, notwithstand- ing brisk export demand. The close was heavy, }a% to % net lower, with May 54%. High. Tow. Q \ Open. 3 A Cle \fi‘ “‘lg l.lg;: l}:h 1 Nlzaw I\m 32: NEW YORK, November 25 Firm. Middle west, 9.70a9.80. atreetorPcnm. ‘lethorpemd!l'hird h, ;naltoel, crate, 3.00a5.60, Turnips, 60a |3 .|tdne of the market, and Live Sto 9, LOCAL mmA“ ltn—smetly 0‘6""" per dozen, 66; Tecelpts, Liye poultry—Roosters, per 1b., 1 turkeys, per lb 45; c)\l per Ib., 25a26; hens, per Ib. ; kests, :olnu each, 6070, 8sed noultry—li'r h kmod lprlnc chld:anl. per 1b., 2 hens, 36:, oosters, per’ b, 22; trkeys. per 48a55; kell!. youni a5, Pork—Dressed, small, per 1b., 10a11. ' Live osk—cdvc-, cholee. ner Ib. 12a12%: ° lambs, cholce, pef’ 8; nvs hogs, per ib., 8. reen fruits—Apples, per bbl, 6.00a l’ 50; per bus. basket, ! 50a3.25; west- ern, per box, 2.00a4.50. California lemnnl. per box, :3.0023.50; California nges, per crate, 6.50a7.50. Grape- t, 3.7584.50. Florida oranges, 4.00a Vegetables—Potatoes, No. 1 per bbl., 3.00a3.75; new, per crate, . ety, per doz. 75a1.00. Romaine let- tuce, 1.25a2.00. Cymbiings, per crate, 3003400, _ Spiriach, per bbi., 150a2.00. per 100-1b. sack, 6.00a6.25. Sibvage, 3.0043.25 per bbl. Cucum- bers, 3.00a6.00. * Kggplants, per’ crate, 2.00a3.00. Tomatocs, per 002 7.00. Beans, 1.50a3.00 per basiet. Sprouts, 15220 per qt. CHICAGO LIVE STOCK MARKET. CHICAGO, November 25 (United States bureau of markets). — Cattle— Receipts, 14,000 head: beef steers opened slow to 25 lower; medium grades very dull; prime yearlings fed ] for show, 12:00; bulk beef steers, 6.00a 9.00; she stock slow, but carly sales steady: chlves strong: bulls and stockers steady. 4 s Hogs—Receipts, 32,000 head; active, 15426 higher than Wednesday's aver- age; mostly 2 highor; light lights up few hogs over bulk, 6.30a7.05; pigs, 25 higher; bulk desirabie, 7.16a7.26. Sheep — Receipts, 16,000 *head; fat lambs generally stead: top- early, 7 10.00, to packers and shippers; 10:10 to city butchers; bulk early. 9.75a 10.00; cholce fed, shorn lambs, 9.00: talking weak on sheep and strofg on feeder lambs. COTTON MARKETS. NEW YORK, November 25.—There | was a decline of from 2.30 to 2.00 per bale in the cotton market\during to- day’s early trading. The opening was easy at a decline of 18 to 46 points and there was some irregularity right aftar the call with spot houses buyers of near months, while there whs local and New Orleans buying of later deliv- eries owing to smaller notices than ex- Dpected, reports that Manchester spinners had rejected the short-time proposal and bullish spot advices from the southwest. Commission house liqui- ddtion was active, however, while lower. Liverpool calls were followed y heavy Liverpool selling here and e S e L Bl R j tive months selling 50 to 61 points below Wednesday night's closing. Des cember he! relatively steady, but S0ld off to 17.96, while January brdke to 17.86, compared with 18.50, the high point of Wednesday. Futures opened steady: December, 18.25; January 18.25; March, 1815 May, 17.75; July, 17.40, Trade buying checked the eatly de- cline, becoming more active below the 18 cent level for January, and the market was comparatively guiet later, with prices steady. December rallied from 17.82 ot 18.40, while January ad- | vanced to 1832 or about forty-six| points from the early low level. Re- ports that trade interests had stopped the December notices, amounting to ! about 2,200 bales in the local market | and 6,400 in New Orleans. helped the white offerings were comparatively light after "hel early selling had been absorbed. i H NEW ORLEANS, November 25.—The tied up today, when from 00 to | 15,000 cargo’. loaders and handlers walked out on in sympathy with the screwmer Monday. About sev i Central Leather port.of New Orleans was completely pEisher Body of O pf 12, ¢kl NEW YORK STOCK EXCHANGE Recelved by’ Wire Direct to The Star Oflu- Ady Rumley. 1% 1% 1% O stana Ol NIpf. .. % 1% it e 8% 3% m Studebaker. . T T Ty "5 1% 16% 16% |Submarine Boat,.. 3% % 3 5 4% b4 SuperiorOil...... 8% % &% ““ 9% 9% 9 | Tenn Copper 9% P P 36% 3 36 |Texas Company... 45% 4% 46% % 55 B ’l'emGultBuhnmr 3% 8% B4% 20 2% 2% |Texas & Pacific..$ 25 %5 2% 3% 30% 1% Texas & PC& Oil. 2 2 188% 187% um Tobacco Prod. 8., 0 T 5% Trans Conil O 9% 10 W % n%lUnderwood 125 1% Amm“&u.m' 56% 56 56%; Union Oil. 2% 21 TS T 76 T8% 7% | Union Pacific..... 15 125 12% Am International. m 3%, 37% %% | Union Pacific pf... 69 6 70 e 3% 32 3 |United Alloy Steel. 25% 2% Y R o4 6 6 |United Brug...... 04 2% e biive. 9% - 9% 9 |United Drug 1st 4% MU msmmc:l"fln‘ A1% 41% 4% United Fruit. 120 121 g 8% 88% 83% | United Retall 2% 5% Am Steel Fdy. B1% 8% U 8 Cast Ir Pipe n 1B pested 5% 6 8 |USFood Prod.... 1% u% 1% Am Sugar pf. 85 8l B4% UEInduuA)cohnl. 39% 39 40 Am Bumaiee. 28% 31% 3% |US Realty.. 5% 5T% 18 | U S Rubber. L4 5% 0 125 | U S Rubber 15t pf. % MY % .121% | U 8 Smelt & Ref. .. 5315 3% B 7 | USSteel.', 82Y, g2l £ 26% | U § Steel pf. T nz 12 1 | Utah Copper 7% 5T 6% 45% | Vanadiym Corp 31l 82 " e | 43 |Va-Car Chem. 2 sy AssoDryGlstpf. 7 4 @12 1%|Vivadou. Th T AssoDry G2dpf.. T% 7% W% 72 |Wabash. T T % 88 87% 87% | Wabashpf A. B 2a% 2% Atchison Df....... 8% 8 |84% 86 |Wells-Fargo Exp. 6 ; AtlanticGuif..7.. 81 8 (31 31%| Western Md. . A Atlantic Guif pf... 2% 2% 2% 2 |WesternMd2d.. Atlantic Petroleurt 2% 22% |21% 2'| Western Pacific Baldwin Loco. Baldwin Loco pt Baltg & Ohio. .. Balto & Ohio pr. Beth Steel (B) Booth Fisheries. 5 Bklyn Union Gas.. 76 Brown Shoe. Burns Bros Butte Copper. Butte & Superi Caddo Oil. California Pekg California Petrol.. 43% Canadian Pacific. . 116% Carson Hill Gold, Cerro de Pasco Chandler Motor Ches & Ohio. . Chi-Great Westn.. ChiGreat W pf. Chi Mil & St P. Chi Mil & St P pf.. Chi & Northwn., Chi Pneu Tool. Chi R1& Pacific. . Chi RI& P 6% pf. Chi R1& P 7% pf. Chile Copper. Chino Copper. CCC & St Louis Col Graphophone. Col Graph pf. Cons Gasof N Y. Cos ntl Cal Min. Cons Textile...... Corn Products Cosden & Co. Crucible Steel. 9% | Western Pac pt -J04 ‘Western Unlon. 3% 37 |Westhse E&M... 52% B3 |Wheeling & LE. 5% 56 | White Oil. ... 4% 4% Wilson Compan 7 75 | Willys-Overland. ; 43 ts‘u'\vm) -Ovid pt.... 2 g 2 154 | Worthington Pmp 4216 4215 4214 2% HOURLY SALES OF STOCKS. . 177200 12m 278 100 -426600 2 p. 334 000 Call Money. PECULIAR ACTION IN FRENCH BONDS EW YORK, November —Just Wwhy the French city issues should have been bid up at the close on Wednesda as high as 91 when the.very next the same bonds, in a ‘new issue, were offered at 86%, was one of the interest- ing questions * discussed in today's market. The terms of the new $22.779,300 offering must have been known ‘well enough In banking. cirels and yet there was no opposition to the Jump across 90. This_morning tie Marseille, Lyons and Bordeaux bonds of 1919 is- Cuban-Am Sugar. sue promptly readjusted themselvi Cuba Cane Sugar. 8% 8 8% to the kvpl)nl Ihe’ new bondr—-tl;:: Cuba CaneSupf.. 18 ¢ 18% % IT%lis, around 87. It meant a very quick Davidson Chem... 5% 9% 6i1e 57%!loss of 4 points for the unfortunate Del & Hudson. ....107% 109 107% 109 |buyers of Wednesday afternoon. The | Del Lack & Wstn..110% 112% 110% 1121 |new offering was quickly oversub- Dome Mines...... 18 19% 19 19%|scribed. Endicott-Johnson, 74 7 7% 7% | French government bonds fclt the Erie I % 103 1% 1% | effect of the continued decline in Ericist pt. Wt 18 1% 18 |Fremch exchange. Both the 7iis and Famous Players.. 6l 0% 68 . m |he8s were fractionally lower. =~ Famous Playrs pf. ‘6% 8 & ¥ {Sweden 6x at 97, in the Queensiand e D n e 7adnd in the Rio de Janeiro 8, cross- ; 7. |ing 161 Argentine 5& were up,nearly Fisk Rubber - % $la point to th prewious high Freeport Texas. .. 15 15 175 Liberty bonds were higher again Gen Asphalt. 6314 . 64% | and New York city 4s of 1959 and the Gen Electric Gen Motors. Never say Aspmn wnthout saymg Bayer : Pitta s W V8. vova: B, Porid Creek Cnll. BTN Producers & s«nrb Roebuck.... S semel Copper: Mhoflhld £l so(lharn Pacific. Raflway. 134% | 43;s of 1960 both surpassed their best 11 ! previous prices of the year. . port awaiting cargoes. The publiclg 6% deb. .. 5 . 63U warehouses were closed. 2 el Goodyear S8 of 1941, Pan-American DAIRY MARKETS. Futures opened steady. D % | 78, Midvale Steel s, Sincluir O 7 ; = BALTIMORE, November 35 (Spe-|17.40; January, 17.65; March, 3% Duquesne §<. American Smelting ; cial).—Turkeys—Live, pound, 45a50;|May, 17.45; July, 17.03. Great N Brooklyn Edison 7s, series D: C poor and_ crooked breast, 38a40. Great Nor Ore. 84 343 Copper 6s, Consobidited Gas 78 and 4 Chickens—Young, 24a25; poor and Gulf States Bteel.. 4% 49% 45% 49 |Mexican Pet-cleum s, were members white leghorns, 20: old hens, 24a25; | WILMETH DESCRIBES Haskolamarker. 0 N 0 |30 4ot ithe, dntliat wroup iwhick bit; g s % i ||poor and_white leghorns, 20; old { Houston OIL_.... 78% | te eir former recol he “* | roosters, 15. Ducks, 20a35; se, Hupp Motors 10% 10% 10%] strength of the Mexican oils carre- Of Our Stock of S lS,, Dok e mos| U, S. ENGRAVING WORK jiiuez S i T e T fowl, each, 40a8. Inspiration o s am| stocks, which were anticipating the Dressed pounry—rr keys, choice, Interboro Metro... 2. 2 2 2 |declaration of the regulra dividends, (o e vy ;?’: Y oo oms: I Director of Bureau Makes Addrenllnlerborocl.llel BB BN ;:‘: i 3 e s scheduled for todaw} 3 3 3 3 Intl Agri Chem ptf. 4 > Y 16, ducke, Siedk: goere, Jals by,| St Kiwanis Club and Tovites |ip:ce Rl B el o tosks an, s Mool e firsts, dozen, 62; southern, 60. : Inspection gf Plant. ot oty A “‘h g% :;’ : er behind the market, was among the Butter—Creamery, fancy, pound, i ’ ntl Mer Marine pf _bé! leaders in point of activity and ad- 45; prints, 45a47; nearby creamery,| Detailing the work, equipment ane|Int! l!"w""'"“ck-» E r'le 21 }vance. All the Baltimore and Ohio 2dles, 30232: roils, 28a30; store 1 of the bureau of engraving | Dt Nickel 12% 1% 12 |issues went higher. Atchison 4s : dairy prints, 28a30; process Pe;”“';eu"g ey avnaem di‘ {nlIiPu‘;;erb" i 55». fit :». ;‘.Inmned! 85 fnrlthe first lglc and ow ib 36. and printing, James eth, di-{Invincible s » % {highs for 1921 were made in Mi = . | NEW YORK, November 35.—Butter|rector of that institution, addressed |lsland Oil. 3% $ 3 3 [souri, Kansas and Texas 4s. I COME ® SIZES {=Firm;- reocipts, ~7.7143 " packages; |the members of the Kiwanis Club atjJewclTea pf T i R Sl S‘:fm;;;;fhm:;;;vugex::} A _— . reamery eatras (35" score). 441iaic;|the Hotel Washington. Kansas CIi 3 % 2% | Missouri Pacific general 4s, St Louis eamery . ore) 3 i| Mr. Wilmeth said it was hard to Sou pf. | 53 g3 |Southwestern terminal s, Southern RLY [ ] 1 creamery firsts (88 to 91 score) 37%a Kansas C Sou pi 3 Pt nat Pl e EARL 25 106 .- |l45i patking stock, current make No. | cogeeive the - tremendous output of | Kansas & Gulf Co. - su 7 e |Pucific refunding 4x. Virginia Rail. . Y n ! bills that left the bureau each vear,|Kelly-Spring Tire. 4% 0% W 40 | ke and Ohio. ‘ 3 i J ¥ || Bage Unsettied; recelpte, 105041..5" 1o give hin auditors an idea of | KemDocolt. ...« 2, 2 244 3 68; do., firsts, 56a62; New Jersey hen- | the volume, declgred that if these SS)eroam . 1 1 1 2 o [l e e cxnrs fanoy candled ooo|bilis | were placed end-to-end. they|Lrj8e (%) 3B 1B 1B W DECLARES £GGS. TOO HIGH. Buy Three Pairstfor What © . 20 Terons, 93: nearby and nearby west- | would encircle the globe more than| oy pie s W ot. 1 55 ‘1% 2 > ern hennery whites, firsts to average | four times. I kmvalley "% @ # & |Food Expert Says Further Boost 2 extras, 75a290; nearby and nearby| “Or to give you a better Lconcép- 1 1 ‘Locomutive o5 16 ‘rs b One Regularly Would Sell Western hennery browns, extras, 73a|tion,” continued the director, “a train, | Lima s L Will Be Manipulation. 75: nearby gathered browns and mixed | traveling the distance covered by b b colors, firsts to extras, 56a72; refrig- | these bills, going at forty miles an 9 M ’%- CHICAGO, -November fl-—hvu.me erator, special marks, fancy, 40; do., | hour, day and night, would not pass | Manati Sugar..... 28% 2815 8% 28% | cents a dozen for cold sum-gp eggs : ipts, 2,521 box- | Stacked, as a cashler arranges hi Manhattan s - nesday, is 1 2 e!‘c';:::e Wh‘:ll:{rfllr:l:;lvl: fre'I: '?g bill:, the output in & year at the|Market St prio %% N 3% 37 |high, R\lusell J. Poole‘ Ly food expert, 5 ens olals, 21a22; do,, average run, 20a20% |bureau would stand seventy-nine | Marland Oil. 23 28% 281 8% said today in announcing an investiga: state whole milk twins. specials, 21 | miles high.” Mathison A]klll... 15% 19% 1% 19 |tion into au. all “pool manipulating E 222; do., average run, 20820%. At the conclusion of his talk, Mr.|Maxwell (B,. % 1% 114 11% | the price of eggs. v ‘Wiimeth invited the club to inspect the % ne aog| It is true there.are ‘more cgzs in ; Dureat 1n'a body, and, by & unanimous | ey ioey peter .. lfifi e e jeitlstorage than fhere were last vear.” fie i - JAPAN'S CQTTON INDUSTRY. |vote. it wasecided to accept the in-|\fiom| Copper..... 2% 2t 2 2% Saic, oIt also_is true ihat owing to $1.95 e e NEW TYORK, November 25 |Yitation nexf Thurstay, following the |yiadle StatesOii-. 15 1% 15 18% | e Conumption i Joss than st year, - mostly na % regular-meeting. Midvale Steel. 244 2% 2% 2%| “Any further ‘boost in the price“of these shoes aold for more bright future for the cotton trade| 'Claude H. Woodward presided and | oo e %e 7505 B B Be O stoary caxe: Sklomn sh suDPIy of Treat Ak SRS betwien this countsy and Japan is| 530 “ncrendug?&z;“su‘:-t&fl"‘? . Monl‘énn&'lex..' DS, e 1w 1%|cggs s cut off, will be pretey fairevi. predivted by Kenjito Matsumoto, one e ia eranging the Christmag pack |MoKan& Texpf.. 3 ° 3% 3 3% denee that. tho market. i being manipu- e olling o the rapta |for the poor children of the District | Mo Pacifc. . iy e = “?lf l“'th: &m'.;‘n ‘an :l in|at Christmas. Reports showed that Mo Pacific pf. 48k 46y 48 BT O e (e fooh thrs aann | more than 1,000 dolls had been dressed, | Montana Power... 8% &% &u 4| oy p DIES 0? BURNS. oA oumets ald. factoriss hape] While thousands of other presents|Montgomery Ward 14 15% 154 15 L: . N eted Al over Japau. ' unti]|have been finished and put away. The|NatlConduit...... 14 shie 1 24 — : [ e 00 Bpindios - ana"” about | distribution of “these gifts will be | Natl Enameling... 41% 4% 0% [1ie41e Brother Eilled Year Ago. 26,000 Tooms are in operation. made December 22, following a club | Natl Lead.. . 8t 8 8l £ y “When you think of the market for | moeting, which will be a ladies’ day. _|Nevada Copper.... 18% % 15%| . Bullet Wounnds Another. =] ] otton fabrics In China.” sald Mr. Mat- Roy Neuhauser, chairman of the|New Or Tex &M.. 58 58 v B8] .- sumoto, “you will be surprised by the ::“"n n;:’;:m fn:fi:‘:::;\t“'htx;fi{. N Y Air Brake m‘i nm o7 MI mnn;a: m{ - Fact that 400,000,000 people there stil} | announce - | NY Central. . i .- November 23.— When you can buy besutlful building lots with moneymakmg possibilities, R Dand svan. s gbcton fair haq been subscribed for. but. if | N'¥ Dock.. T e o2 Ssttding. dag. for. the ssoond When you can secure a home site at your own price. clothgs. When these people come to| P55 .5, “"Th dinner will be held 8t |N ¥ St & mrare: . sot 1% 18| cime {n. as many, years, sigdened the When you can get lots with all city conveniences available. consumption will be enormous, nat- the Washington Hotel. Norfolk & Watrn. . 9% om 9% |homge ‘of Mr. and Mrs. G. D. Burdett . can lan eas; term direct ington’ causing an enormous deman: 1CR. .. 42 P When you can obtain fand on eaay,terms in direct lne of Washington's grest- |l yons, oten i oiton 'Snia| 11, S00XES IN SEPTEMBER |Noternfacihl™ o = bt wite ner inother scata: < export to European countries, our im-| NEW YORK, November 25.—Sep- gfi;‘fi:fi'{,fif i ~ od & turkey In'a huge caldron, prep- the: Japanese market may be: -ugné' of the year for the pefroleum indus- | Otis Elevator.. ... 105 106 I T e Oty piying her try, Consumption of refined products gfiffifiii{e ";‘ Tother Wit countless. imanswerable in' that month averaged 1,282,000 bar- N questions. en Mrs.” Burdett's at- 200 Beautiful Bpilding Lots at Marietta Park Are to ‘Be Sold at LONDON ‘WOOL ACTIVE. | rela. datly, ixl contrast t01,315,000 in P'ff:'ofi Blet.... oy tentlon was diverteq elswhere, the : LONDOX, Novembor, 350t (h¢|June, thin sear's biegest month, ana | LR o o [1le S e hsdhon, siain: N o selcition, “mero of|8 daily average of 182000 for the| Pan-Am Peie a 1o Fierwards y % fered. There was a large supply of|firat nlne months of 1921, Stocks of | Pennsylvania. % % A few days before !‘hl.n sgiving cross-breds, which met with a ready|refinéd products dropped 11 per cenl bdaual.. 10% 10% last year, Buster, ’Mthree. busied . ¥ sale. - The prices of marine wools from the 82, o}s.oou barrels reported | P "l :!; ::m-e}:_ in’ ;' h'fi:k }‘h ; gnq 't:‘ ;:-;y y 3 h v - in storage in June. ) msel Tomorrow at 2:30 and 7:30 P.M. at Arcade, 14th and Park Road N.W. | {2 howize & hardening tendency = 2""" ! a bulld a fire, ne was gaimlly burned. 3 . Phitlips Petroleim 8% = by a straybullet, | - . IN ALL SECTIONS OF WASHINGTON Piei ) 1% Ry R 4 24 +North, East, South and West, and in locations not so attfl:tiva as Marietta Park, land is selling Hiirs P ke Bt CANADA. SECOND'IN WHEAT. fromh 25¢ to 50c a square foot. At this sale you can buy Pierce Oil NEW YORK, hov-p»-r 25 —Canade has risen to second ‘place among the -~ ing countries of the world, M T official - uum-tu-. - With R PPUL LT TERELFEL !;;§!4-;s! §;sisisizz§=;!'aigissg!; 5 !::s: ‘Jasyye £ Y& STOCKS ADVANCE . TOHIGHER LEVELS {Sharp Gains in Dividend-Pay- , ing Rails and Also in Industrials. BY STUART P, WEST. NEW YORK, November 25.— Re- newnl of investment buying in alarge way was the featurg today in both bond and stock markets. The gen- eral average of bond prices drove forward again. The investnfent move- ment showed itself in stocks, par- ticularly In the new high pr reached for the standard dividend- paying rails, and also in the strength of other investment issues of the | type of the industrial preferreds and American Telephone and Tebegraph. Again there was occasion to ohserve that in view of the avonderiul back- ground afforded by this investment jbuying movement theories of re- laction in the speculative list were {apt to be upset. For the last fortnight or more Wall street letter writers ha been talk- ing about a downward turn as the logical sequel to the -@ctober ad- . They have merely represented the general run of professional opin- tion. So far this attitude has been not at all profitable to those who Jiave followed it. To be sure, there were many of the recent leaders which for a week jor more had gained no ground. But if tey had gained .nothing, they had lost nothing either, while all the im- portant moves in the special stocke were upward Kill Reaction Theories. But it remained for today's market to cause still further discomfiture to the reaction th = At the start it looked if it were to be merely another dar of operation in special- with the general lst dragging along listless But the prewence of an overbow n- vestment @emand from the bond mar- ket soon began to tell. First it was the rails, which started forward with Union Pacific, Canadian Pacific and @:rious others working into new high ground. {”From the dividend-yaying ralls the buying shifted into one group after another of industriel stocas. Mexican Petroleum and Pan-Amer'- fcan were bid up sharply, anticipating the declaration . late today of tha regular dividends. The American oils Sromptly fell into line. Then came Locomotive and tken the {steels, the latter respondgng mare {*han they had on Wednesday to the statement in ‘the trade reviews that the Steel Corporation was operating at 52 per cent and the independents At 40 to 50 per cent of capacity. A 30, per cent capacity nowadays would Ibe pretty close to a 100 per cent capacity before the war. Standard Ralls Stromg. The same explanation that has been noted right along applied to tod: |Swength. 'n the old-line dividend- xp.mn,. rails. Investors, feeing that lm-s. the highest grade bonds and many of the industrial preferred stocks have are going into se- {get out of range. {curities, which, although reasonably | safe, a speculative element in | their makeup. Tnion even at 125, where it started mornitlg, returas per cent, w “very attractive in a market where 53 and 61z per.cent are prevailing yield on bonds and stocks af the betier class. The buying in Canadian Pacific. Southern Pacifie. { Atchison and various others similarly situated—where the dividends haye been earned during the bad times and where a substantial surplus is now being shown—has been for some time com'ng from people who have been paying for their stocks outright. . Stocks of the weaker roads which have difficulty in earning their fixed charges made only feeble .response again today to the advance in the di- vidend stocks. There were only three non-dividend payers which did_anything notable. |One was Missour Pacific preferred, in iwhich there has been some important {buyving recently founded on the ex- pectation that some time next year jdividends will be resumed. Anbiner was Texas and Pacific, in connection with which there was talk of a set- tlement of the litigation with Mis- souri Pacifiq pegarding the accumu- Jated interest on the Texas and Pacific income bonds. The third was Colorado and Southern, which could easily go ppon a dividend basis at any time and 5till have a handsome margin left. Americnn Telep) There is reason to believe that the heavy selling which carried American Telephone and Telegraph do from its high areund 118% to 114 was precipitated by the sudden unioading 158 Tncye holdings by an estate. This selling was apparently completed by the close cn Wednesday and this morning American Telephone _and Telegraph started upward again. Even at 115 the yield is over 7% per cent, while it would be 7i3 ‘per cent at 120. NO WAGE DECREASE. :Building Trade Head Suys None Is’ Contemplated. NEW YORK, November 25.—There in 10 sign of a decline in wages of men in building trades, declares Patrick J. Crowiey, who succeeded Robert P. Brindell "as president of the Build- ing Trades Council, when teh latter went. to Sing Sing. Following a meeting of the couneil, Crowley said the employers had not even presented a request for a change in the scale. “Every indication would point to employers in the building industry being satisfied the present wage scale,” he said. ave good rea- 2on to believe there will be no ques- tion of a reduction in wages in the industry. In some of the crafts there may be an increase in wages.” It was said that not all of the building trades unions had yet af- filiated _with the. American Federa- n of Labor and fot all the affiliated unions were in the Building Trades Council. The vatious differences were being ironed out by special com- mittees, officials sald. FLORIDA FIRM FAILS. JACKSONVILLE, Fla., November 25. -—The brokerage firm of Clement D. Cates & Co., with headquarters here and branches in many parts of Florida, closed its doors toda¥ and announced it would go into voluntary liquidation. The action of the company, which has connections in New York, New Orleans and Chicago, is apparently due to the inability of the firm to collect out- standing accounts and to realize on certain securities, said a statement t issued by George M. Powell, its attor- ney. CRUDE OIL OUTPUT GROWS. NEW YORK, November 25.—Crude oil: production in the United States for the week ended November 19 aver- aged 1,294,150 barrels daily, according o efficial. figures. . The daily averago ' was 1,262,200 barrels in the previous .weok and 1,308,720 barrels in the cor- pond!nl week last year. Of the 31,950 barrels the new &xn eld in central Texas accounts daily average of 26,900 barrels and filuornh an increase of 5,000 Y O SR A % LONDON BANK STATEMENT. N, November 25.—The week- munl of the Bank of En‘llnd * increased £5,169; dtcruled £1,251,000; other de- inek f1s.ede. 900 public 466, notes 25600 n ‘° t m‘rlllfl. ilcressed, £14,5! -?l'nln proportion o‘t un' bank’ ‘to