Evening Star Newspaper, January 16, 1922, Page 22

mately $6,496,000. The total amount FINANCE AND TRADE NOTES. A New York Stock Exchange seat has been sold for $93,000. The last previous sale was for $90,000. Swedish American Line, maintain- ing freight and passenger service be- tween New York and Gothenburg. Sweden, reports it carried 24,243 pas- sengers in 1921. Of this number, 18, 409 were third class. First shipment of horses and mules on account of the Spanish govern- ment was made yesterday of 56 horses and 700 muies on the Balti- more liner West Lake for delivery at Barcelona. The company has en- gaged to deliver 5,000 animals. Grain exports for week ended January 14 continue the excellent Showing of the port of Baltimore last year. In the seven-day period 1,008 275 bushels of all grain were shipped overseas, corn predominating with a total of 504,851 bushels. Shipbuilding prospects for 1922 look | brighter with the recent announce- ment that there is in prospect new vessel construction totaling approx! Windshiel;l Broken? Drive in and we will put in a Crystal Clear Polished Plate Glass. You will think that you are riding with an open windshield, the vision will be so clear. Don’t be satisfied with poor glass; our Polished Plate costs less than the ordinary window variety. Sedan Glasses a Specialty “If It's Auto Glass We Have It” Auto Glass Company 321-23-25 13th St. N.W. Phone Main 427 all classes $10,059,000. 1,093,000 FORDS SOLD. DETROIT, January 16-—-Sales of Ford cars, trucks and Fordson trac- tors for 1921 totaled 1,093,000, the company announces. This figure wis 104,213 more than 1920 sales, an in- crease of about 10 per cent. The Ford factory and assembling plant roduction figures reached a total of P030.140 cars, tractors and trucks during the year. The report says the outlook for 1922 Is decidedly opti- mistic. ready exists that car and truck re- tail sales for December, 1921, ex- ceeded December, 1920, sales by al- most 25 per cent, and Fordson tractor retail sales for the same cent for December, 1921, as” well as an increase over the total tractor sales for the month of Novembe This Chair Belongs in YOUR Office Because it is the most comfort- able chair you ever sat in; be- cause its handsome appearance will help clothe your office in an atmosphere of distinction and prestige; because is built so soundly that it will last longer than you'll ever expect it to. You can see the chair that is “built for YOU” at our show- rooms. We have it in both oak and mahogany finish. OFFICE FURNITURE r -—found where business succeeds J—/ 712 13th St. N.\W. Main 1086 EN company is coming —when you want the children to be at their best— remember: a cleansystem makes a brighter, healthier, happier child. First thing in the morn- ing, give the children a little Pluto diluted with plain water. Pluto acts in thirty minutes to two hours, without griping. It is harmless and safe. (Try the same thing, too, for yourself.) Bottled at French Lick Springs, Ind. Your physician prescribes it "A clean body makes a clear mind When asture wea't, PLUTO will of prospective maritime business of reaches approximately In fact, concrete evidence al. periods | showed an increase of ove® 100 per | 1 i & APPLIED ART B sign, Textile Design, Color Com- RESTRICTED BUYING POLICY CONTINUES IN NEW ENGLAND '‘Reflects More of Caution Habit Rathe Than Expectation of Lower Prices. Situation Elsewhere. BY EDSON B, SMITH. 000,000 in additional loans are pend- ing with the corporation. Spectal Dispatch to The Star. = BOSTON, January 16.—Business on ui{‘;?.‘xf“fr'.°'-l~’.x§}."§. t:l:phw;'":‘-g‘tzlm?xg the whole continues fairly quiet in|to normal are seen in the declaration New England. The same restricted | 1042y by State Treasurer C. V. Terrell 5 g that only one state depository had uying policy which characterized |applied recently for an extension of 1921 is still in effect to a certain de- |time In which to repay stato funds. gree. This conservative buying on the part of merchants does not seem to be dictated so much by any expecta- tion of lower prices, but, rather, be- cause the habit of caution has been pendents, and the larger companies the state to disturb many of its de- posits, and they will not be disturbed unless it becomes imperatively neces- sary. A’ price-cutting war between inde- A Good Ledger at a Low Price The mechanism of the acquired. Of course, many concerns | has run the price of gasoline in Texas are taking Inventory at present and|down to 15 cents a gallon, a drop of this means a suspension of normal |7 Cents in the last seven days. actlvities temporarily. 4. e e a2 Perhaps the most encouraging re cent development has been the ac- Frisco Traders qptlmlstlc, ceptance of substantial wage reduc. inti tions ranging from 10 to 33 per cent But Sag Is Disappointing y the Lynn shoe unions. The Lynn BY LYNN C. 8| factories have been virtually closed g ..\ n mmon"mmrsow. down as a result of demands that °F o ST, the wage scale there be maintained, SAN FRANCISCO, January 16— and (:u‘ ucct-pl]un;‘e le'hphc‘i‘lfl.s ex; Business men and bankers are opti- pected to result in a fresh influx o istic ov shoe business to New England. Fsticiorenithefoutlogicstorithgcon; Woolen manufacturers report that Ing year, but it must be confessed the light-weight, season which has that there is alsappointment in cer- just closed resuited in a poor re- tain quarters over the lack of activ- sponse from retailers. Orders for ity in many lines. “Slow but steady spring goods were considerably be- improvement” is the I low mormal. A considerable 6tock Of generclly used by financiers in de- goods had been left on the hands Of scribing conditions, This 15 the off- the retail dealers, and these $tockS season in most agricultural lines, but are being sold at very low Drices. early movement of asparagus and Money is t]hxs(i;nct‘ly Torekea;g'vzo ::;; other vegetables will start soon. The row, and the Boston banks m sudde: ', C a general reduction in interest rates ,,,l‘;;:,,’:',‘? (.’:f,"d;da;lum'l;x:{l &‘Erl.fi';-fi? to the 5 per cent level. | joy to the housewives. 5 S Boom conditions in the lumber in- Situation in Texas ’:llusn;y amltindk‘xuuns of the early Y * development of producing wells in Returnmg to Normal new districts are among the favorable signs of the times. Money is easier BY JAMES R. RECORD. but is not yet plentitul for building < operation or business investment. Special Dispateh to The Star. SR % Btcliito, perotions In standard securities _FORT WORTH, Tex., January 16— stil] are keeping capital engaged. Un- Fino rains in western Texas &nd employment is far less serious than western Oklahoma in the last feW \was anticipated. although the problem days have started unsprouted wheat s growing more active in some of to growing, but the cattle Tanges the small interior cities. Building still are need of moisture to DUt operations are active in some sec- the range-fed cattle into condition tjons, but, taking this territory as a for spring round-up and market. To whole, the activity in this line is date the Agricultural Livestock Fi- gnotey nance Corporation, which is a branch 5 of the War Finance Corporation, wit " headquarters here, had aistributed |COmmodity Reports $8,000.000 in loans to Texas farmers 2 . and_stockmen. _Applications for § From Various Sections Steel. PITTSBURGH, January 16 (Sp cial).—The McKeesport Tinplate Com- pany's plant at Port Vue resumed op- erations in part today, glving work to 1,500 skilled men. Twenty hot mills, fifty-nine tin stacks and cold mills' were placed in operation. The plant has forty-four hot mills, Op- erations will be gradually increased. Bread. Holyoke Loose Leaf MANHATTAN. Kan, January 16 i i (Special).—The Kansas Bakers’ Asso- Ledger is entirely of steel. ciation is making efforts to decide whether to increase the size of the 10-cent loaf of bread or to make a 5-cent loaf. The bakers hope to make the size and price uniform throughout the state. Leather back and corners, corduroy sides. Detach- able key. ‘This wen-made, moder- ately -priced Ledger can be had in all standard rulings. Ask for National Series 8400. “ The Right Book to Write In"" Automobiles. KANSAS CITY, January 16 (Spe- clal).—Automobile ~dealers in this section declare the turning point of business has been reached and they expect buying to pick up as soon as the public realizes that prices are stabilized. Many prospective custo- mers are Lolding off until the Kan- sas City auto shéw, February 11 to 18. Yegetables. SAN FRANCISCO, January 16 (Spe- cial).—Shipments of California as- paragus will {begin shortly. Advance salcs show fricbs fairly strong for shipping “gfass” but growers are holding off. ! Loose Leaf and Bound Books NATIONAL BLANK BOOK CO. 18 Riverside, Holyoke, Mass. Dairy Products. CHICAGO, January 16 (Special).— The butter market here is weak with lower prices. Sentiment is bearish and further declines are anticipated. The open winter brings no encourage- ment to those having storage stocks bought at_ higher prices than now prevail. Extra creamery now is quoted at 34 cents a pound. EDUCATIONAL, COUNTANCY Offers exceptional opportunities to ambitious men and women. 1A REGISTER NOW FOR Day and Evening Classes PACE INSTITUTE 715 G ST. N.W., Corner Ath and G Sts. '§P AN]S J SCHOOL OF WASHINGTON | Profs. from _Spain—Conversational Meth Rapid Progress. z 131 F st. n.w. — —. 2 ‘The Misses Eastman’s School 1305 17th St. (Cor. Mass. Ave.) High School department opens on Sept. 26, { Intermediate and Primary departments open ion Oct. 8. Send for catalog.- Franklin 4226. INATIONAL SCHOOL FINE Coal. LATROBE, Pa), January 16 (Spe- clal).—Mines of the Ridge Coal Com- pany closed for a month on account of a lack of orders will resume in a few days, an eastern firm having ordered 1,000 tons of coal daily for the next six months. Potatoe: TRAVERSE CITY, Mich., January 16 (Special).—The potatoe market here has had a sudden awakening and for the first time in months prices have ad- vanced. The jump has been from $1.25 to $1.50 a hundred pounds. More than half the crop still is in the hands of farmers. ATLANTA, January 16 (Special).— Dealers in dried sweet potatoes report a good demand, but complain of the poor prices offered. Shipments are being made In considerable quantities, how- ever. | FELIX MAHONY, Director. Main 1760 New Location:Conn.Ave. & M St. New Classes Begin Jan. 16 Day and Evening Classes Children’s Saturday Class Interior Decoration, Costume De- Hay. SEATTLE, January. 16 (Special. There is_an oversupply of baled al- falfa in Washingtor and Oregon. oil PITTSBURGH, January 16 (Special).— —_— e MUSICAL INSTRUCTION TYLOPHONE AND MARIMBA STUDIO—IN- struction on xylophones, bells, marimbas and chimes. 4322 Tth st. n.w. Col. 4878. . RAG.J AZZ Piano Playing Positively taught beginners in 20 lessons. Advanced course for ' players, Booklet sent " CHRISTENSEN SCHOOL OF POPULAR Phone Columbia 8123. imercial Drawing, Life, Sketch, Painting and Modeling Classes, Individual Instruction. Catalogue. Enrollment Week The University Preparatory S.E, Cor. 12th & F Sts. N.W. Ph. Fr. L. Adolph Richards, M. A., M. ., Prin. Special tuition rates to those who enroll this week, Courses in Mathematics, English, Latin, Fronch, German, Physics, Chemistry, eto. tificate admits to leading universitios. GREGG SHORTHAND Private Rapid D'rogres Col. 10035 for appointment. MEDICAL COURSES. Teatning of laboratory technicians, chemists, pharmacists and dentiats. ~Reglster at once Rt"the University office. 1702 Oregon Ave. W.. near 17th and U (Mellical School located at H' and 11th). 1+ 'NATIONAL UNIVERSITY LAW SCHOOL. Co-Educational. Students- may now register for the term i commencing January 30, 1822. Classes from 6730 to 8:30 p.m. Law school bullding, 818 1dth st. nw. Telephones Main 6617, Franklin 2009. . ATLANTICCITY.N.J. Directly on the ARAmerican| vy Sng = "EDUCATIONAL. A lecture “The Work of the Executive Accountant in Business and Government”—this interesting topic will be the subject of a lecture to be givenby Homer S. Pace, C. P.A. (N. Y.) _ Thursday, January 19, 7:30 P. M. The problems and nsibilities of the Executive Aocox?ntant will be consigemd from the technical view- gglm related vocational matters of interest will Admission to this lecture will be by ticket . Al tickets should be made to Registrar—telephone Main Pace Institute 715 G Street, N.W. Washingten, D.C. lication for So far it has been unnecessary for. phrase most | 22 : THE EVENING STAR, WASHINGTON, D C, MONDAY, JANUARY 16, 1922 There were 1,627 new oil wells com- pleted last year in western Pennsyl- vania in com n with 2,280 in 1920. With ofl at {ts present price. the de- velopment of new wells in 1922 is not expected to exceed that of last year. Furniture. NEW_ORLEANS, January 16 (Spe- T | clal).—The majority of furniture deal- ers here are seeking the furniture manu- facturing centers to make large pur- chases, as their stocks are about cleaned out. They have had extraordinarily good business in late weeks. Dry Goods. ST. LOUIS, January 16 (Special).— Wholesale dry goods dealers report that the volume of business they are doing is double that done in January, 1921, and that there is a demand for quick delivery of goods already ordered. The retail stores are crowded and the larger stores still are holding bargain sales. Men’s Clothing. DETROIT, January 16 (Special).— Coatmakers’ in the men's clothing in- dustry here now are being paid 85 cents ian hour as compared with $1.25 last year, and clothing prices are being re- duced at retail. Notes. NEW YORK, January 16 (Special). —The 55,000 garment workers Who have been out since November 14 in a controversy with manufacturers re- garding wages and piece-work are expected to be back at work Weanes- day on the old scale and conditions. They are only awaiting formal con- firmation by the manufacturers of the reopening of the shops. Strike bene- fits will be paid this week. It s es- timated that the strike cost the gar- ment_workers' unfon about $750,000, outside of the wages lost. PHILADELPHIA, January 16 (Spe- clal).—Bids were opened today for the, sale of the obsolete battleships Maine, | Missouri and Wisconsin, the monitors {Tonopah and Ozark and the torpedo {boat destroyer Smith. The bids are being closely watched by steel men throughout the country as indicating the possible trend of methods of breaking up the vessels, in view of the possible junking of other govern- ment vessels as a result ot the con- ference on disarmament. Washington Stqck Exchange. SALES. Washington Railway and Electric com.—15 tat 404, Mergeénthaler Linotype—5 at 129 ‘ Continental Trust Company—3 at 08% at 9813, 10 at 9K, 10 at YK, 10 at 98, AFTER CALL. 198, 10 at 98, 10 at 98, 10 at 9715, 15 Potomac Electric g. m. 6sv—$100 at 99, $100 at v, 3100 4t 40, $1,000 2t 00, at 9ok, Mergenthaler Linotype—5 at 129. Money—Call loaLs, 5ab per cent. BONDS. Bid and Asked Prices. PUBLIO UTILITY. nd Potomne guar. bu. Telephone o A Georgetown Metropolitan K . ne Potomac Eiectric Light 5a. Potomac Electric cons. 5s.. Potowac Electric Power 6a. wer g m Power ref. and Mt. Ve and” An. 5 Washington Washington Washington 1w Wash. Rwy. and M Riggs Realty Riggs Realty Wuxiiington Marl Washington Market 5 V. M. Cold Storage 53. STOCKS. IC_UTILITIES. aud Telga b Comme Distriet Farmers and Mechanies’ Federal Liberty Lincoln National Metropolitan TRUST COMPANY. American Security and Trust. { Continental Trust National Savings Tnion Trust Washington Lo BAVING Commerce and S: East Washington Merchas Becurit Seventh Street Union Savings T, 8. Savings . Washington Mechanics' American Arlington Corcoran . Firemen's National Union ... Columbia Title .. Real Estate Titie MISCELLAN Columbia Graphophone com! D. C. Paper Mfg. Co. Merchants' Transfer an ii0 Mergenthaler Linotype 130 010 ‘Dutch Market " cont. ] 014 Dutch Market pfd Lanston Monotype Security Storage . Washington Market Disease Spreading Rapidly All Over Hungry Russia. SAMARA, December 20.—Cold weather is bringing with it much typhus to add to the misery of hun- gry Russia. Crowded refugee homes, railway stations and trains afford the typhus-bearing lice an excellent opportunity to spread the malady. The danger to foreigners is even greater than to Russians, and con- sequently the medical officers of the American Relief Administration are taking every precaution to guard the personnel against the disease. Because of the lack of sanitary precautions in Russia, the American Relief Administration is not enlisting any foreign women in its personnel. GIFT MAKES WIFE INSANE. Musician Gets Word of Legacy of $2,500,000. COPENHAGEN, December 26.—A. Petersen, a musician at the Casino Theater here, has just unexpectedly received a legacy from a relative who recently died in America, consisting of twelve large farms and 3,500,000 kronor in cash, amounting in all to about 10,000,000 kronor (about $2,- 500,000). Petersen's wife was so overcome with the news that her mind was aftected and she had to be t&ken to an insane asylum. ARREST OVER STOCK DEAL. NEW YORK, January 16.—An al- leged stock transaction in the open market, involving 2,700 "shares of California Crushed Fruit Company, has caused the arrest of William Her- man, James Graf and Henry Spitz of the brokerage firm of Graf & Co., on a charge of grand larceny. LOANS OFFERED COLOMBIA. BOGOTA, Colombia, January 16.— American bankers are reported to have offered the Colombian govern- ment loans. up to $50,000.000, with which to complete public works. The Belgian_commercial mission, headed by Dr. Rouma, left Bogota for Cuba. —_— ‘BAR SILVER QUOTATIONS. NEW YORK, January 16.—Foreign bar silver, 65%; Mexican dollars, 50. LONDON, January 16.—Bar silver, 853 pence per ounce; money, 2% per cent. Discount rates, short, bills, 3% per cent; three months bills, 3% per cent. 3 Bid. Asked. Americin Tel. and Telga. 4s.... 88i5 ~ 85% American Tel. und Telga, 438.. 97° ... Am. Tel. and Tel. ctl. tr. o5y 96 Am. Tel. ‘aud Tel conv. Ga.l 1103 110% Andcostin Potomac kid | TYPHUS ADDS TO HORRORS | Grain, Produce GRAIN AND PROVISIONS. BALTIMORE, January 16 (Special). —Potatoes, new, 150 'pounds, 3.40a 3.60; No. 2, 2.00a2.25; 100 pounds, 1.75a 2.40; No. 2, 1.00al.25; sweets and yams, barrel, 3.00a4.60; No. 2, 2.00a 2.25; bushel, 1.0021.60; No. 2, 50a75; beans, hamper, 1.00a1.50; beets, bushel, 75a85; bricoll, 25; cabbage, ton, 50.00260.00; carrots, bushel, 85a 1.00; caulifiower, barrel, 2.0024.00; celery, dozen, 75a1.50; cucumbers, crate, '6.00a8.00; eggplants, crate, 3.00 23.60; horseradish, bushei, 4.00a4.25; kale, barrel, 1.10a1.25, 3 Lettuce, basket ~1.25a2.50; onions, 110 pounds, 6.00a7.60; No. 2, 3.0024.00; oysterpl nts, bunch, 7a8; parsnins. bushel, 75a90; peas, hamper. 4.00a 4.50; peppers, crate, 5.00a6.00: rad- ishes, “bunch, 4ab; savoy cabbage, bushel, 75a80; spinach, bushel, 1.502 1.75; squash, crate, 4.00a4.50; toma- toes, crate, 3.00a6,00; turnips, basket, 50260, Apples, packed, barrel, 4.50a8.00; No. 2, 3.5005.00; bushel, 1.25a2.50; box apples, 200a4.00; cranberries, barrel, 30.00235.00; grapefruit, box, 2.00a 4.00; oranges, box, 2.50a4.50; tanger- ines, strap, 5.00a7.50; strawberrles, quart, 33a43. Selling Prices at Noon. Wheat—No. 1 red winter, spot, no quotations; No. 2 red winter, spot, 1.17 No. 2 red winter, garlicky, 115%. Sales—Bag lot of nearby, by sample, at 112 per bushel. Corn—Cob corn, old, yellow, quoted at 3.00 per barrel; No. 3 corn, spot, 59%; No. 4 corn, spot, 58 per bushel; corn’ yeliow, No. 2 domestic or better, 62 per bushel. Oats—White, No. 2, 46a46%z per bushel; No. 3, 43%a443% per bushel. Rye—Nearby, 85a95 per bushel; No. 2 western export, spot, 87; No. 3, no quotations. Hay—Iteceipts, 12 tons; range I8 17.00 to 21.00 for good to choice tim- othy and mixed hay. Stray—No. 1 rye, nominal, 15.90; No. 1 wheat, tangied, 11.00; No. 1 oat, nominal, 11.00a11.50. CHICAGO, January 16.—Absence of lany aggressive buying led to down- turns in the price of wheat today during the early part of the board of trade session. Reports of enlarged offerings of the new crop in Australia and Argentina attracted some ptten- tion. Announcement of the faifure ot a New York brokerage house tended also to restrain buying here, although it was said the concern had no im- portant interest which had been left unsettled in the grain market. Open- ing quotations, which ranged from to & lower, with May at L1l to 1.11% and July at 99% to 1.00, were followed by slight further declines. Corn and oats declined with wheat. After opening % to %a% lower, with May at 521; to 52%, the corn market recovered sligh WHEAT— Open. High, Low. Close. Mar S T aden 1R uly 00 ; Cor % 2 2 May TR % 5% sy sy Loy wn W YORK, usanuary spring patents, 6.50a7.00; spring 4.2525.00; soft winter straights. hard winter straights, 6.25 vheat quiet; Canadian. 1.98a2.00. Pork quiet; mess, 23.09; family, 25.00 a27.00. £ Lard easy; middle west, 9.70a9.80. : _— COTTON MARKETS. NEW YORK, January 16.—The cot- ton market was nervous and unset- tled during today’s early trading, ow- ing to lower Liverpool cables, re- ports of increased hedge selling in the English market, continued nerv- ousness over European politics and reports of beneficial rains in the southwest. The opening was barely steady at a decline of 10 to 22 points, and the active months sold 20 to 21 points net lower shortly after the call with March touching 17.70 and May, 17.33, or about 33 to 34 points below Saturday’s highest. Futures opened barely steady; Jan- uary, 17.80; March, 17.75; May, 17.35; July, 16.85: October, 16.27. NEW ORLEANS, January 16.—The trend was lower in the early trading in cotton today, because of poor ca- bles and a rather unfavorable opin- fon of foreign politics. Manchester messages stating that while more business was doing there were no signs of a general revival, were re- garded as unfavorable. In the first halt-hour of the session prices lost o 30 points, which ca; 2 2 to 30 ol rried March lcFulures opened quiet. f1s52 American and January, March, 16.65; May, 16.57 i October, 15.67. AR DIES FROM SCALP BLOW. ‘William Bush Succumbs to Injuries Received in Church Fracus. William Bush, colored, member of the congregation of the Florida @venue Baptist Church, Florida avenue and Bohrer street, who received severe in- juries to his scalp Friday night during a church row, died at Freedmen's Hos- pital early vesterday morning. Joseph Burke, 2226 Georgia avenue, and James A. Juckson, 1823 6th street other members of the congregation, who were allegel to have assulted Bush and who v e arrested and re- |leased on bond the night the af- fair happered, w. ‘e re-arrested yester- day morning and formally charged with murder. Cornorner” Nevitt had a jury sum- moned today to hear testimony as to the circumstances under which the wounds were inflicted and identity of the person or persons alleged to have dealt the. blows which proved fatal. BRIDEGROOM TAKEN HOME |Eloping Couple Separated and Bride Also Returns. Harry Eugene Horne, twenty-two years old. and Mrs. Hilda Horne, eighteen years old, his bride of a few days, who came here several days ago from Newark, N. J., and fell into the hands of the police, today were separated. The husband and. Frank Edward Williams, who accompanied the bridal couple here, were taken to Newark by Detective George M. Mc- Rath in_the automobile of Chester Vander Roest, owner of the car the youths were alleged to have stolen. Mrs. Horne's father and sister ap- peared at police headquarters this morning and took charge of the bride. They took her on a sightseeing trip through several public buildings and will return home on a late afternoon train. Miss Halda had known young Horne only a short while before she eloped with him to Elkton, Md., where they were married. Qi —_— MRS. F. H. BACON DEAD. Former Resident of Washington Succumbs in Seattle. ‘Word has been received fro: Seattle, Wash., of the death Sfltlxu‘l‘lr}l;x of Mrs. Florence H. Bacon, widow of Harry R. Bacon of Toledo, Ohio. Mrs. Bacon resided in this city for many years, but had lived in Seattle about four years when death oc- curred. While living here Mrs. Bacon was a member of the First Congrega- tional Church and choir. She also was a member of Allah Chapter, O. E. 8., of Seattle. One son, Henry H. Bacon of this city, survives. —_— GERMAN TENSION LESS. Reports from Germany to the Com- merce Department today indicate that tension in German financial and industrial circles has lessened some- what, although the economic situa- tion in that country is practically unchanged. The feverisit industrial activity and unusual speculation on the stock exchange, characteristic of a few weeks ago, has abated some- what, the reports said, but shortage of coal and raw materials and gen- erally increased production costs are making it difficult for industry, while a falling oft in orders Is noticeable. and Live Stock LOCAL WHOLESALE PRICES. FEggs—Strictly fresh, per dozen, 4 average receipts, 43a44; southern, 4. ! Live poultry—Roosters, per m., 18; | turkeys, per 1b., 46a48; chickens, sprin; per 1b., 30a32; Keats, young, each, 50af! fowls, 30. poultry—Fresh-killed spring SOUTHERN RAILWAY - BIG BOND OFFERING J. P. Morgan & Co. to Open Subscription for $30,000,000 Tomorrow—Local Notes. J. P. Morgan & Company have formed a syndicate which will offer tomorrow for public subsecription $20,000,000 of the Southern railway's development and general mortgage bonds, bearing 6%z per cent at 94 and interest to yield more than 6.90 per cent. Associated with them as an Dreased chickens, per 1b, 32a35; hens, per b, 132; roosters, per lb., 20; turkeys, per 11b., 50a55; keats, young, each, 60a70. Pork—Dressed, small, per Ib., 12%a13. Live stock—Calves, choice, per Ib., 12%a13; lambs, choice, per Ib., 9; live hogs, per 1b., 9. Green fruits—Apples, per_bbl., 6.00a 10.60; per bu. basket, 2.50a3.25; west- ern, " per box, 2.7524.50. California lemons, per box, 6.00a7.00; California oranges, per crate, 6.50a7.50. Grape- fruit, 4.00a4.25. Florida oranges, 4.00a 6.00." Tangerines, 4.00a5.00. Vegetables—Potatoes, No. 1. per bbl, 3.75a4.00; per sack, 3.75a4.0 sweet potatoes, per bbl., 2.50a4.00. Le tuce, southern, per crate, 2.00a2.50. Cel- ery, per doz., 1.00a1.25. Romaine let- tuce, 1.25a2.00. Cymblings, per crate, 857;5,00, Spinach, per m‘;(l é,ggnj.gg. offering group will be the First nions, -ib. sack, 6.75a7.00. | x; e £ nions, ' per 100 lhper ok SCucam. | National Bank, New York; the Na- bers, 3.006,00. Eggplants, per crate, | tlonal City Company of New York; €.00a5.00. Tomatoes, per box, Florida, | Harris, Forbes & Co., New York 5.00a7.00. Beans, 4.00a4.50 per basket. Sprouts, 20a30 per quart. Peppers, per crate, 3.50a4.50. DAIRY MARKETS. BALTIMORE, January 16 (Spe- clal).—Live poultry—Turkeys, pound, 50a55; old toms, 45; poor and crooked breasts, 37a38. Chickens, 28a32; thin and white leghorns, 20a25; old hens, Guaranty Company of New York and the Bankers' Trust Company of York. The purpose of the financing, which has been approved by the Interstate Commerce Commission, is to provide for the maturity on March 1, of $25, 000,000 of the road’s notes and to enable it to pay off the indebtedness, e Zoazs; small and white legbomts: [held by the War Finance Corporation. e o oot Bigeons, pair|A novel feature of the new bonds is e Geeme 20ale . T eh 28a50; | the fact that the development and Dressed poultry—Turkeys, pound, | eneral mortgage sccures the prin- 48a65; old toms, 45; poorly dressed|¢iPal and only & per cent of the in- T na g okcena. 25a30; old | teTest is to be paid. The balance of e B o s capons,|the interest, or 2% per cent, is o ucion “5ea30, Gense, 23ush, | covered by a supplemental indenture. This is the first time that a supple- mental indenture for a railroad mort- gage to get around the low interest Eggs, loss off, native and nearby, firsts, dozen, 38; southern, 36. Buiter—Creamery, fancy, pound, | Eage i e 5236: 4 - set by certain railroad mort- B Bt 30 ear D oy *joass;|€ages has been tried. Should the public take kindly to this method of financing bankers expect that a great deal of railroad financing may be ac- complished in a similar way. The new financing does not increase the road's fixed charges materially, but gets rid of floating debt and in- debtedness to the War Finance Cor- poration. In the last fifieen years there has been expended on the store’ packed, 18a19; dairy Mrints, 20a23; process butter, 32a3 CHICAGO, January 16 —Butter lower; creamery extras, 33; firsts, 27a32; seconds, 25a26; standards, 31. Eggs lower—Receipts, 10.000 cases; firsts, 35 ordinary firsts, 30a32; mis cellanevus, 33a34; refrigerator first; 22a25. NEW YORK, January 16.—Butter—|road’s property $135,000,000, of which Unsettled; receipts, 7,623 packages. |30 per cent was paid for out of earn- Creamery, higher than extras, 35a[ings. creamery, extras (92 score), United States Operations. creamery, firsts (88 to 91 score), e 'z ; creamery, fi According to figures compiled yes- 32152363 ; p«"kzlng stock, currenti, .y by the United States Treasury 0. 2, 19220, ipts, 11,014 |0n the basis of daily statements from Weaker: receipts; 3 April 6, 1917, to December 21, 1921, cases. Fresh gathered, extra first 39240; do., firsts, 35%;a38; New Jerse: hennery whites, extra fancy candled selections unquoted; nearby and near- by western hennery whites, firsts to extras, 40a46; nearby and nearby western hennery browns, extras, 42a 43; nearby gathered browns and mixed colors, firsts to extras, 36ail; refrigerator firsts, 27a28. Cheese—Irregular; receipts, 1216 boxes. State, whole milk, flats, fresh, specials, 21a21%;; do., average run, 20a201:; state, whole milk, twins, epecials, 21a21%; do., average runm, 202015 7 Poultry—Alive, weak; chicken fowls, 22a28; roosters, 11: keys, 30a40. Dressed, firm; western chickens, 25a42; fowls, 17a33; old roosters, 18a23; turkeys, 49a52. CHICAGO LIVE STOCK MARKET. the government's financial operations since the country’s entrance into the world war involved more than two hundred billion doliars. The stupenduous sum consisted of receipts, both ordinary and public deb of more than $98,000,000,000 balance against disbursement, of both classes, of a like total. Starting on the eve of the war, April 5, 1917, with & met balance in the general fund of $82,. 000,000, receipts, exclusive of principal of public debt, from April 6, 1917, to December 31, 1921, totaled $24,018,000.- 000, while public debt receipts during the' same period amounted to $75,643,- 000,000, Disbursements, exclusive of publi debt, for the period aggregated $4. 5,000,000, while public debt disburse nts ‘totaled $53,481,000,000, and on December 31, 1921, the net balance in 00. a2 & Tni as $488,000, CHICAGO, January 16 (United |the general fund was $4 States bureau of markets).—Cattle- For the war period the Rreccipts. 98,000 head: very slow;|disbursements. exclusive of pr of the public debt, over receipts of the Over talking mostly 25 cents lower on beef steers and fat she stock quality plain;Same class, was $24,000,000,000. 4 3 dy | the sume period public debt practically nothing =old; bulls steady | the sarme period i A to weak; best heavy bolognas, 4 bidding lower on veal calves; can- ners, stockers and feeders about steady. Hogs—Receipts, 75,000 head: active, to 40 cents lower than Saturdav’s ut of line; $1,000.060,000 on April 000,000,000 on December 31, Exclusive of foreign loan 597,00 ary disbursements from April 6, 1 1o the end of the r aggregated $36,15 over 175 pounds; bulk ; pig from April &. 2 25 to 50 cents lower; bulk desirable, 7.60a7.85; few at 8.00. Sheep—Receipts, 27,000 head; even; steady to 25 cents lower lamb top early to shippers, 12.75; bulk | to packers early, 12.25a12.50; fat ewe | top, 7.00; feeder lambs early, 11.25a 11.75. TAKE NEW ASSIGNMENTS. 000 for un- | 00 for fat National Savings and Trust Election. Immediately tollowing a meeting of the old board today, the new directors of the National Savings and Trust Company will be elected at’ 4:30 o’clock this afternoon. N Recently Promoted and 'rf'““fe"Edl The board will then organize and officers to serve during the ensuing year will be chosen. Hends Trust Company. S. J. Henry of the F. H. Smith Company has been elected president of the Southern Maryiand Trust Com- pany, Seat Pleasant, M., by the di- rectors of that organizatio Mr. Henry fills the vaca by the death of Francis Police Sworn In. Promotions, transfers and assign- ments of members of the police force announced by the District Commis- sioners last week became effective at 8 o'clock this morning. The new captains, lieutenants and sergeants, fourteen in number, were sworn in by Chief Clerk Edwin B. Hesse at headquarters. They were furnished th the new equipment of their| { respective ranks and are now in S, I Carmody. Other officers elected to serve during the ensuing vear are: Hubert T. Plaster, first vice president and secre- ;;pvxz_l;gifigx?:dnrecinfls to which they tary; W. S Colling, vice president; i ¥ Captains and lieutenants on_duty | Pilipe. assiatant irensaren o > 1 lin the several precincts are as fol-| The s Welncton Hfor b Hone lows: First precinct, Capt. E. W.lare B.E.Behrend, R. F. Brown, Z. M. | Brown and Lieut. W.'S. Holmes; sec- | Braay, g, C. Chaney, v iy iond precinct, Capt. Charles T. Peck|gG. . Cooper, L. A. Grifith, S. J. and Lieut. J. T. Sprinkle: third | Henry, Wiliam H. Lacy, M. C. Me- precinct, Capt. C. E. E. Flather and | Nap, M. E. Myers, G. own Pitts, Lieut. W. P. Hess; fourth precinct,| Hubert T. Plaster, B. e jCapt. Ira Sheetz and Lieut. Charles!ang F. A. Van Reuth. The Southern j . Bremerman; fifth precinct, Capt | Maryland Trust Company has a cap- W. E. Sanford and Lieut. Yulee{jial of §100,000 and surplus of | Hodges; sixth precinct, Capt. R. E.|$120,000. Doyle and Lieut. McGill Grove; seventh precinct, Capt. Thaddeus Bean and Lieut. James Conlon: eighth pre- cinct, Capt. E. J. Keefe and Lieut. Martin_Reilly: _ninth precinct, Capt. L. J. Stoll and Lieut. G. E. Burlin- game; tenth precinct, Capt. C. P. M. Lord and Lieut. J. M. Walsh; eleventh Controller Crissinger to Speak. Controller of the Currency D. ¥ Crissinger will address the member; of the Civitan Club at their regu Jar bimonthly meeting at the Hotel Shoreham tomorrow. A. L of B. Lectures. | precinct, Capt. W.' S. Shelby and =2 } Lieut. M. L. Ready. C. H. Thompson of the Washington i iy ! Loan and Trust Company will ad- {dress the elementary class of the ! Washington chapter of the American Institute of Banking tomorrow night and the advance class on Thursday WANTS IRISH NAMES. Dail Seeks Right to Remove Eng- |night. On both occasions Mr. Thomp- 1 son will take as his subject “Bills of | lish Street Signs. Lading and Other Documents,” when he will touch on “straight or order DUBLIN, December 27.—English | )ils, warehouse receipts, negotiabil- names oOf numerous streets and|iry. as s bridges here will be changed to Irish|''¥" &% SCCUrits” tow which x's"n?:fi‘r'é“{fie’%"}bfli.""c“:ii’SURRENDER OF ANTI-REDS IS DEMAND ON RUMANIA poration is earrled. The dail eireann has asked mem- bers of Sinn Fein clubs to smoke only Irish cigarettes. P — TROLLEY FARE REDUCED. Russia States Condition on Which Friendly Relations Between the Connecticut Company to Sell Three Two Governments Depend. “Tokens” for a Quarter. RIGA, December 24.—The Russlan NEW HAVEN, Conn., January 16— |government has notified Rumania A reduction in trolley fare rates on |that the reiations between the two the lines of the Connecticut com- |countries and soviet Ukraine depend pany throughout the state was an- jupon Rumania’s willingness to sur- nounced yesterda: by President |[render the bands headed Ly Gen. Liceus_S. Storrs, effective March 1.|Makno, anti-bolshevik leader, who Instead of the present 10-cent fare, |has been called the “Robin Hood of the company will sell “tokens” or |the Ukraine.” Makno, after harass- metal tickets at three for 25 cents ing the armies of Gen. Denikine and for the ordinary city trolley ride’ also the reds, is understood to have Ip his statement President Storrs taken refuge in Bessarabia, now con- says: “Due to the present industria] |trolled by Rumania. ! depression the revenues are less than The warning of Rumania to sur- last year at this time, but reason of |render Makno and his bands was con- an 8 per cent reduction in rates of ,veved by George Chitcherin, the bol- wages and decreases in the cost of | shevik foreign minister, and M. Ra- coal and other materials the ex-)kovsky, member of the new soviet penses are slightly less than last|centrai committee of Moscow. Ra- i year.” kovsky, who was formerly head of the soviet movement in the Ukraine, also COAL OUTPUT LOW MARK. notified Rumania that the Ukraine de- HARRISBURG, January 16.—The clined to recognize Rumaniu's sover- clgnty in Bessarabia. | g 2| Rumanian ofiicials have expresse I isive perlod of inactivity In its his- |Teally in Bessarabia, but M. Chit- oy, according to official Teport on coal | cherin offered to produce proof of his Tining operations in the state in 1921, [Dresence and charged that Makno The estimated output for the year was [ Was preparing to ald Gen. Petlura, given as 184,932,285 net tons, a new low record. Anthracite production amount- ed to 8 the Ukrainian leader, in a descent 7,630,102 tons, only 2,105,934 upon Odessa. Tess than 1920, but the bituminous toms 088 "o ‘about 10,000,000 tons, it) _ ASSERT YORK LEADS. is said. Coke production was estimated YORK, Pa., January 16.—That a at 7,000,000 tons, as compared with | good five-cent cigar is the demand bf 16,000,000 in 1920. the day was the opinion expressed by most of the speakers at the banquet BUILDER IS BANKRUPT. here of the York County Cigar Manu- facturers' Association, It was reported t 428 P |that 12 per cent of the cigars manu- .3:8{‘&%‘-5‘&‘&:1‘;‘%23‘.’ Peti- | factured in the United States were Tt voluntary bankruptcy. He |made in York county. T. E. Brooks, 1ists his debts at $22,073.81 and esf mates his assets at $8,120.91. Ho is a manufacturer, stated that the cigar business in this district was better at represented by Attorneys Offutt & Imlax. the present time t! anywhere else In the United States. o sttt i o e