Evening Star Newspaper, February 8, 1922, Page 21

FINANCIAL, POOLS AGAINBUSY " N STOCK MARKET Short Selling Brings Irregu- larity—Rails a Sustaining Feature. NEW YORK, February 8.—Shorts Pput out fresh lines at the opening of today’s stock market, but bull pools continued their activities in various @pecialties. 7 United States Food Products, which ‘was thrown into bankruptcy yester- day, recorded a further decline of 1% points t¢ 2%, a new low record. Coppers, tobaccos, low - priced motors and rails forfeited large frac- tions. Gulf States Steel and New York Airbrake made one point gains and Adams Express rose 2 points on rumors of aenother cash distribution, ‘Wells Fargo also rising 1% points. Exchange on London made & new high, with demand bills at 4.35%. Liquidation Is Steady. Steady liquidation of minor special- ties _emphasized the irregularity of the first hour. Food Products, United Drug, International Harvester, Su- matra co common and preferred and Famou: 1 1 2 points, and several of the cheaper motors and steels reacted sharply. Ralls were the only sustaining fea- tures of that period, St. Paul pre- ferred, Chicago Northwestern com- mon and preferred, Northern Pacific, Erie first preferred and New Or- leans, Texas and Mexico galning 1 to 2 points. 'he _market improved before noon, Corn Products rallying with Baldwin, while Gulf States Steel, Chandler and Studebaker were again taken in hand. The open rate for call loans held at 5 per cent, but private offerings ‘were made at 4% per cent. French Exchnge Division. To what extent the advance {in French exchange, which continued to- day, is merely an offshoot of the movement in sterling, and to what extent it is Indicative of i{mprove- ment in Franoce's financial condition is a question upon which opinion is very much divided. The response which improvement in French ex- change is having in the market for ¥French government bonds certainly suggests that it is not wholly a sym- pathetic rise, but implies some real degree of economic gain. The strength of the French external loans ehared interest with that in the United King- dom issues in today’s bond dealings. Rallway securities were the leaders on the stock exchange. The bonds were quite as prominent in the ad- vance as were the stocks. The move- ment started in the St. Paul issues, spread to the other low-priced mem- bers of the group and finally reached the standard dividend payers. Such representative stocks as Union Pa- cific, Northern Pacific, Great North- ern preferred and New York Central, all either equaled or surpassed their best prices of 1922. Extraordinary Strength. ‘The extraordinary strength in St Paul stocks, although the road earned only 40 per cent of its fixed charges last year, was another sign, of which there have been very many lately, that the market has its face set to- ward the futures, and is optimistic even with regard to properties which have not yet come out of their slump. ‘While operations flourish were go- ing energetically in the railway I there was considerable profit taking in the industrials. In the main this sort of selling was readily absorbed and there were numerous advances in individual stocks. Studebaker went through its previous high, Chandler notors was equally strong, the ‘was _the usual sharp upbidding in & number of the specialties, with a nar- row market. which easily lend them- selves to official stimulation. Exchange Chief Tople. Further remarkable advance in sterling exchange was the chief in- cident in to 's financial situation. At $4.36 rates were up 16 cents in the pound from a month ago. Half of this rise has been accomplished within the last ten days. There were no developments to throw any fresh light upon this movement. In the broader sense it is a measure of Furope’s economic recovery which Las become more definite and sure since the first of the new year. From more technical point of view it the result of a diminished foreign demand and lower price lev- els for American merchandise, with a corresponding curtailment in the support of exchange drafts. Normally this is the season in the foreign trade when American imports approach their maximum, while ship- ments of staples are at their mimi- mum. Thid condition exists now and the excess of exports has been 8o reduced that England is able to more than offset it with the so-called “invisible” credits. FOREIGN BONDS HIT NEW HIGH MARKS Feature Market Trading To- day—Follow Upward Ex- change Trend. BY STUART P. WEST. Bpecial Dispatch to The Star. NEW YORK, February 8.—Foreign government bonds were very strong again in today’s market, following closely the upward movement in the exchanges. United Kingdom 533s of 1922 and the 5%s of 1929 both estab- lished new tops. As both of these car- ried the conversion privilege into a refunding long-term issue, at the rate of $4.30 for sterling, they are vir- tually a call upon sterling at this fig- ure. With the rate at $4.36, as it was today, the price of 1922's which ma- ture next autumn, worked out to 103. French issues, both the 8s and 7%s, reached higher prices than they had at any time previously this year, and drew very close to their best of 1921. ‘Their advance is interesting in rebut- tal of some of the pessimism ex- pressed in banking circles over the financial outlook in France. Belgian 7%s, likewise moving with Belgian rates of exchange, got across 107. ‘While the Swedish kroner reached 26, or almost up to par, this was the one instance where the bonds did not respond. The Swedish 6s were, in fact, some lower on the day. Rails Take Lead. In the corporate list rallway se- curities took the lead, as they did in the movement of stocks. St. Paul's bonds, with the exception of the refunding 4%s, were all up a t or more, including the 4s of 1425, the convertible 4%s and the convertible 5s. This was the logical accompaniment of the special opera- tions for the rise in St. Paul preferred and common stocks. St Louis and San Francisco incomes and the ad- ) justment 65 were both very strong | N: and so were the Erie issues. The Erie convertible 8s were up nearly two points, the Erie and Jer- sey 63 a point and the generalsds not quite a point. Improvement in New Haven's sit- vation was again reflected in the New York. West Chester and Boston 44s, which are guaranteed by the former road. At 4133 these bonds were up 1 points from where they were seiling only a month and a half ago. Industrial bonds were irres without iar and are. Gen- Traction 1 avtstanding f T s crossed 95. dull Open. Adams Express... 5% Adv Rumley...... 14& Adv Rumley pf H Air Reduction. L Ajax Rubber. . Allfed Chemical... 88% Allis Chalmers. ... ¢ Allis Chalmers pf. 9% Am Agr Chem.... 3% Am Beet Sugar... 3% Am Brake Shoe. .. 8% Am Brake Shoe pt. 101% Am Can Am Car & Fdy.... Am Cotton Oil. 7 u% 9% Am Ice... Am Ice pt. Am International. CHV‘O Am Smelt SBec A. Am Snuff.... Am Steel Fdy..... Am Steel Fdy pf. . Am Sugar. . Am Sugar pf. 3% 1 66% Am Writing Pr pt. AmZinc & Lead... 8% Atlantic Cst Line. Atlantic Fruit Co. Atlantic Gulf. . Atlantic Gulf p! 20% Atlantic Petroleun 2% Auto Sales. .. 4 Baldwin Loco. Balto & Ohio. Balto & Ohio p Barnett Leather. Beth Steel. .. . Beth Steel (B).... British Empire 8t1 9% Brit Em Stl 2d pf.. 2% Bklyn Rapid Tro.. 10% Brown Shoe..... Burns Bros (B) Butte Copper. . Butte & Superior. Butterick........ California Pckg. .. Calitornia Petrol. Canadian Pacific. . Carson Hill Gold. . Central Leather. . Central Leath pt. Cerro de Pasco Certain-Teed. Chandler Mo Ches & Ohio. n 125% : : 1 ERLLEL AR LI L P P LR B L ERY 1L P U EH PR LELLL L ELL T Chi & Northwn... Chi & Northwn pf. ChiStPM&O.... Chi Pneu Tool. ChiR1& Pacific.. ChiRI&P 6%Dt.. ChiRI&P1%Dt. Chile Copper. Chino Copper. CCC &St Louis. . Cluett Peabody Coca-Cola. .. Colo & Southern. Columbia Gas. Columbia Graph. Comp Tabulator. Cons Cigar. . ConsGasof NY... Cons Intl Cal Min. Crucible Steel. Crucible Steel pf.. 81% Cuban-Am Sugar. 19 Cuba Cane Sugar.. 10% a Cane Su pf.. 2% . 10 Del Lack & Wstn. us Detroit Edison. ... 108 Blec Stor Battery. 13 Elk Horn Cosl. ... 18 Endicott-Johnson. 8 Famous Players. Fed Mines & Spf.. 0% Fisher Bof Opf. Fisk Ru:"’r" e e Freeport Texas. .. G::‘A’m Tank Car. :a Julf States 8 Harbishaw Cabl 1% .loultn.l 8,“ . kG Hupp Motors Illllploil Central lnfll:ho::un. . inspiration.... lntErbon Metro.. % Interboro Metpf.. 7% Int] Agri Chemical 84 Intl Harvester % Intl Mer Mari 15% Intl Mer Marine pt 70 Intl Motor Truck. 20% Intl Truck 2d pf... 67 Intl Nickel. 12% Intl Paper. Intl Paper (sta)... 69 Invincible Oil. 16 Iron Products. Illln;i é)l! .. ewel Tea. 'l'n.nsn City Sou.. 28% Kansas C Sou pf.. 5% Kansas & Gulf Co. 6% Kayser (Julius).. %0 Kelly-Spring Tire. 88 Kennecott. 0% Ke; Kresge (S8) Lackawanna LakeErie & W... 12 Lake Erie & W pf. 268% Lee Tire & Rubber 28% Lehigh Valley. Loews Inc. Lorillard.... Manhattan Elev. . Marland Oil... Martin-Parry..... 8% Mathison Alkill... 81% Mclntyre Porcu. % May Dept Store! Mexican Pete. Miami Copper. Middle States Oll.. 12% Midvale Steel. . 30% Minn & StL (n). 6% MoK&Twi.. 9% MOK&TpIwi... 21% N Natl Cloak & S pf. Natl Conduit. ... Nevada Copper-. .. New Or Tex & M. . NYChi&StL.... NYChi&StlL2d. NINE S Hreite 5 [ 20 & High. Low. Close. n%h % 5% E0Y FEELFRRH S spyegPiigpsgegiasy.. 2 & *35-333-013 L HH BESzusazasitEantiags EH agE=sgsIsszesEiitgrsgzgsiinggy "3EE L R 2 * "‘""i';'%’;ii B $2553 EFH] 18% 2% L) a% 5% 6% 9% n% 10% 1% 2 *E 2288 FF5°F " NEW YORK STOCK EXCHANGE |Grain, Produce Received by Private Wire President, 136%. E.H. B‘e_“‘l:l‘lfwg Sons Direct to The Star Office. and Liv Stodk Bonds. e T. 8. LIBERTY BONDS. (Furnished by W. B. Hibbe & Co.) 416 Woodward Bldg. N & Q. 3 WhINTOL Wet.... 1 bl (Foraished by Bedmond & 00) - 15th and H Streets RIMAN X orfolk Southern. 3 0 ngton, D. C. 3 2675 | Norfolk & weorn. g{: m l:u & LOCAL WHOLESALE PRICES. |[- 5 [Liberty e Lt o e Matn goz7a0z . 5% | North American.. 6 5 6 88 | Eggs—Strictly fresh, selected, per dos- | U~ 5. Liberty 24 48 8396 10% || BChicago _Deaver - 8an Francisco MEMBERS: 16% | North Americanpf 41 = 41 &% &% |en, 44a45; average receipts, €3; south- 96.00 9 T ) h 8 | Northern Pacifi.. 38 1% T % fern 4s. stz b3 Southern llinois Light NewYork Stock S| guiarobuierl e B e T ety st g . 1 & 1% || “and Power Company g Wh| OwaRSROtte L % 1% turkeys, per 1b, 40a45; chicken: 100.12 ] 7% Gold Bonds—Series “A” 111 Broadway. New York 6% | Pao Development. T8 ®% 2 B |apring, per Ib, 32a33; keats, youn ; 2 December 1. 1941 | o tes | paoDevelopment. 8% 8% 8 B |each, 50a60; fowls, 26a26. Noon, | Garbou Bicel ] Due December 1, 101% e ec... 6} 6% 64 64 Dresged poultry—Fresh-killad spring OTHER BONDS. ~oov- 1 Carib Ssndica 4 Price, 97/ and Interest—To Yield c Mall 12 18 12 12 |chickens, per lb., 32a35; hens, per lb..|City of Rio de Janeiro 8s 1946. . l'l"% Car Light and Powe: [ 7. 250/ Pacific Ofl. 6% 46% 45% ¢5% | 27; roosters, per lb., 20; turkeys, per|French Government Ss 1945. . lgo‘n Cities Bervice (new). 188 19% o 0 W7 | Pan-Amer Pete... B2% 83% 62 62 |lb., 40a45; Keats, young, each, 60. French government 7 t (old) 224 Descriptive Circular Upon 1:: l;ln-Am Pete (B). €7 4% &% % 5 aPork—nruna. small, per ib., 12%a | fovernment o, mitss 0T il i Request Washington Office o : dom i BomnSepadiee. '8 %4 | ive mock—cuten, choicr, par i ST 2RI Y ol | COLORADO BUILDING eople’s Gas. .. n n% 0K KOO 9 . Ini ingdom . . 0gs, per lb., 10%. United Kingd 5 1987 8 9 S a8 0 ) Gt e hopled s e, som |t e 2t % United Stat Telephone Main 1603 50; per bu. et, 5, west- % TO%|Pers Mrapriorpf. ek % % 8%|ern. per Dox. 270480 Callfornia % g 0 UNILE ates cieponc| Phila Company 83% 83% 23%|lemons, per box, 6.00a6.50. Talifornia 2 30 . 9% | Phillips Jones. 90 88 88 |oranges, per crate, 5.,0a8.00. Grape- Federal 0il 1316 tee o orahon 108% | Phillips Peto. 2w @ |frult 3rsacso. Fiorida orangts, 430a | A % Feasiaoa_on J1o% G.B.Chi & . Tangerines, 3.50a4.50. d Ohlo conv. s | Giltette G N . B. 374 | Blorca-Arrow W 1% W)™ Vegotables—botatoes, ~No. 1. per |Baltimors ang Ohio 6y 1020: v o8 g 7 Complete analysis in Jfi pman 9 | Pierce oI v " o |DbL. 3.50a4.00; per 'sack, 3.90a4.00; |Baltimore and Obio 8 W. Div. 8%s 581 0 b current issue of our ff{ Manager 8% | Pierce of1 pf. el sweet potatoes, ‘per "bbl. {00as.00:| Beiblehem el ¥, M, By o S ias ey . ettuce, 1.25a2.00. ymblings, per crate, | Canadi: 4% sent 3 | - e Plis&wvapt.. 4 785 164 04 d00add0. Bplnlocoh.l:per bE:. p{.gg-:.zo. (c_afimx"' 8, | ey Eounty 2:’.-’ L Epox ircquest. | ‘reek Coa! ! P ;s 100-Ib. sack, 8.00a9. (hesapeal 5 o 5 | 8| producsra's Rer! PR B mm gsbo';:g;;,:i-";,g"-“ nc,r“(l'wt. Cucum: | (R lo conv: Sa 1046, .. SN 2% 2 et (i l ro & Ref pf...... ers, 3,00a6.00. Eggplants, per crate, | & 3 = 2 | 0% | Public Serv of N 3. sow o5 3% 9 |4.0045.00. Tomatoes, per box. Florida, | (bt 3 ,,,,,,,,,,_“‘.”’.",fii‘ 1982 e | Magma Copy ne 23 | IT B E | 2% | Pullman Co.r v\ - 110 1ie% 110t 116% | 5008450, Beans, 4.0085.00_ per basket. | Chic . 1 ‘and paciaec reld. 4n 1 T34 | Marscalbord A 1] i A | 8% | Punta Alegre. .... 36% se% | Sprouts, 26a36 per quart. Peppers, per jon Station 8%s 1963, gt 9 i 18% | Pure Ofl. o 0. S ooe oo o4ty | CTRtes 260u3.50. e Rt T, Y Visto: 108y | M e ! | Co-Operative Building 135 | Railway Steel Spr. 971 88 1% 8 —_—— Du Pont 7igs 1031 M Refinin 170" 180 i G oo ! #2%| Ray ConCopper.. 14 1 16 1 GRAIN AND PROVISIONS. Erle generat ien 4n 1993 4“5 X % i Association F %:3}:",;--, TY% WK WK K| BALTIMORE, February 8 (Special). |Goodyear Tire and Rubbe e, Ol B ; Ormaniced T8T® 294 | Rep Iron & Bteel.. by &3 s siw|Potatoes. white, 100 1bs, 2.00a2.50; |Grand Jounk Te 10, s g ok o 428 YEAR COMPLETED 18% | Remington Typr.. 31% 81 31% 81%|No. 2. 1.00a1.26; 150 Ibs., 3.25a3.65; No, | Illinols Central Sigs 0 17 20 Hill Assets .. .$4,363,396.73 S8 | ReplogleSteel.... a1 31 Wk 2|2 2002225 sweets and yams, bbl. Tnt Fapia T p eaig | omar o8, M % | surpias 1.111,632.98 ep Iron & St pf.. 400a5.00; No. 2, 2.00a3.26: bu.. 1253 4 % Reph(otor'l‘m:k. .ll!: -I:: -m -m 1.65; No. 2, 50a75. Beans, hamper, 3.00 | Lo 08 Efi 3% Jfi&lfio&&flu]w | The Valie of 9% | Royal Dutch. s0% 60 60 |84.50. Beets, crate, 2.50. Broccoll, bu., o2 % | Radio com. 47 4118 R aDwasE QuRninoR. | s X 86% | St Joseph Lead 19% 13% 13% 1% |25a35. Cabbage, hamper. 1.00a1.50. 2% 2% Telep! Aol { Syltemahc Sa“ngs 8 |StL& SanFran... o % % g% |Carrots, 1001bs. 3.25a8.50. Caulifower, Dot | ey, Hercstes 2 4 hone i s 3 |SUL&SenFrpr. mw dws v s |Crale 178a215. Celery. doz, 100a170¢ 3 2% | i oo % Yu SEARIES B- ANLEY, Mo e e ; crate, 3.509.00. Cucumbe; , 2. B ; vomen. with modest jncomes l? g::theAcfllnsu'. 2 3 8 & |lsnardo Pennsylvania 1L F Yo“ Afl d t e s ur age Arms W% 1% 1% 18% | Lettuce, basket, 1.00a1.50. Onfons, | beansyivania 1000 3 Ed call orda 1o | | 8 e 5::33'.':«"2."1;" B4 K W 2l100 Ibs. 7.50a500; No, 2 3.00a5.0 %8 ¢ ‘America. 3% i 2d Issue of Stock 04| Boaboard A Lol . on o8 o 0| o 500" bean: namper, &1 Pl fatcruacionai - E Hazard Youl' H Beiag Reeeived 4V | Sears Roebuck.... 63 63 €M% B8% |pers, crate, 2.50a4.00. Radishe: St Louis and San Francisco du. A 1950 294 | United Eastern . it Shares, $2.50 Per Month §1%| Seneca Copper.... 16% 17 16 17 |3a4. Savoy cabbage, bu., 75. Spin Seaboard "Air Line G5, 1945 < B 8 Hshe aod 1 o Sa S" ' 4 Per Cent Interest &% | Sinclair O1l.. Wh % i 19%|bbL. 250800 Squash” crate”s50d | Bk Al il e U8 Lagns aud Hent pta 1 vings: ‘ent Inte 4.50, Tomatoes, cra .5086.00. - | gea r Line adj. 5 L 3 2% mg::::fi:&i 1% T 15 e nips. vasket 0800 0009.00; No, 3, | Becihers Bacite cour. s, 1820 5’1.”.’4%‘“':“?' 8.1 i s e cannoti b EQUITABLE BUILDING 1% | SouthernRypt... Gy & G2% b | APples packed bbL. SOOSE0L DO L Railway Wayse Geal §% 3%| | nard-eamed savings - awindle | | 915 F St. N.W. 2 [SlangQuofcalic. % %% MW W%|;goas0. Cranverries. bl 33002 | & bel Vet 'mad @ & away. The large investor, if | ] joux JO¥ EDSON. rresident % 40.00. Grapefruit, box, .00a.3.25. wise investor, will no! FRANK P. REESIDE, Sec'y us 15 W% W% |G box, 4.00a5.50. Tangerines, 2 2 take such a risk. - 9w » b 4.00a8.00. Strawberries, qt., v 1 For the Investor whose chief | | 4 strap, 4.00a8.00. i 3 » 942 | Armour Leather pfd. 83 54 % % o 2% 30% 20 2 150a66. Armour pfd. .. 8% WYy oncern is safety of principal ! o StrombergCarb.. 8 ® ® ® Selling Prices at Noon. 5. Robber ke, 103 fj?::,"'.,g St 535 ]| Dapeds sipon Prove e hok E 18 | Studebaker pf.... 16" 108" 108" 16" | Wheat—No. 1 red winter. spot, no | VIS St 1Gaq %] | values "do not materially 7% 7% > o s: No. 2 red winter, spot, o 014 | switt & Co s 0 1 |Submarine Boat.. % 4% &% 4 |guotations: Virginia-Carolins_Chem! Ualon Carsa: pris change, are ideal. Our First B4 Buperior OIl....... &4 o % bs|l30%: No. 2 red winter warlichy. | gt Sl ot o % ¥ B I © | Tenn Copper. W% 1 104 04| o 4 a & ¢ O o eatate oca 4 Corn—Cob corn, old, yellow, 'quote in the Nation" | TexasCompany... &% &% @k &K |305a310 per barrel: contract corn, SHOET TERMIBEOTRITIN. . g | | 18 the Timslon's Capical, should MORTGAGES ‘Texas Gulf Sulphu “UH% W% U% u% spot, 63%; No. 4 corn, spot, 61% per (Furnished by Redmond & Co.; i i i Asked. &%) Texas& Paciflc... 3% 3% 0% 31%|bushel; track corn, yellow, No. 3, do- i 08er, | nerwe serymer. co. o ™ 2% we*| | Swartzell, Rh i b 864 2% 2% 8% |mestic or better; 65 per bushel. American Tel. & Tel. 6 1922.. 100% 10014 | Buckeye Pipe Lin BW wartzell, €€ | |} The Safest Security on Eearth " 3% 20% 20i6 2% | Oats—White, No. 2. 46%aél = per | nlroll 7o) & Tel fe 1924.. 100% 1008 | Cheseborough Man w19 | Fioiry saorthams #n Mess han et S S D earhy, 50500, sp;e;&::;-_e&h American T O e o 101 | Gontincata) alf o 18 A & Hensey Co. 11 505 of the market value of the . ; No. et = : % 2Y Wy 2 Buls Western, sxport. spor. 99%; No. 3, | American Tobacs Co; 1t 103 1623 | oot e @ 13 | | 727 15th Street NW. | || Pr naconda Cop A ureka Pipe Line. 88 90 > > 9 e B W N PO caists, 41 tons; range s |AbEio-Americad oll Tt 1088 | Galcan-sigaat 01 2 Washington, D. C. ;:3::,“;""0 safety 20% 19% 19% 18.00 to 21.00 for good to choice tim- 3 A 1923 | Galena Bigual Ot Co. 109 T o s T e T | security. 3% | Union Pacin 129% 1304 1396 190K |, 0hy and mixed hay; market firmer. | no ui 172 3. Liberal income. 0 | United Drug. L 7.' 2 2 “.m NBl{lWh—:\;&u‘n‘fig‘ "i";s!“::; 16:80; the, i S 2915 | |52 Years Without Loss to an Investor 4. :)nslmmce against loss. Ty 0. 1 wheat, , 11.00; No. 3 New York Trai fon Co. 680 H 3 i i 6% | United Drug 1st. Uk k% 44| nominal. 10.00811.50. E‘i‘i i\;fikor‘::l&n e o Dik 333 T TR T 5 Protection against depre- & | United Ry Inv pt. . 2%{ CHICAGO, February 8.—Down- 10212 | Pennaylvania-Mext 18 19 6. Prompt payment of interest. t urin, o early tr: , | Copper Export 4 4 semes standard forms of life insurance ai ity 8| GECast It b bE. . 61s 6 6oy Gy | Quotations here following the lead 1005 850 | annuities, guaranteed by over Seven Hundred ; full at maturity. 16%{ U 8 Food Prod. . 3% 2% 2% |Eiven by the markets at Liverpool | B ¥. - I 157 g [Millioas of amets. il Choice First Mortgages 2% | U 8 Indus Alcohol. @4 @& 4 |and Buenos Aires. The fact that the gy 108 0 61 Wanted—Men of Character to 8% | USRealty........ ©% oy @ |decline at Liverpool, as measured in| fockiog Valles ta 1988 | stancara o Co. Gulitoraia..... %5 9 Solicit Business $100 $250 $500 §2%] U8 Rubber s B B | ENElSh moner e eanee. appeared | Homernty Copper looy; | Standard Off Co. Indlana...... 86% 6% |OMicen 423 to 429 Soutkern Building!| Write for Bookiet 45 It Free. | JSRubberiatpf. Wy % %k 9 |io'he overlooked. On the decline here, | Eucier & Gimble 12 192 100i4 | Standard Ol Co. Kentu $5 % | __THOMAS P. MORGAN, Manager. USSmelt&Ref... M 3% 3u 34 | o D0 oreriook el On e eommission s 1073 1015 | ganderd ON Co. i 1 $5,000 Life Policy, $57.35 WILLIAM S. PHILLIPS 4% 6% 6% 6% nhous broadened. Opening prices, 100% Standard Ol Co. New Yorl 360 364 ” Safe Investments 87% 87% 8% 8% ! which ranged from % cent to 1 cent 901, | Standard Oi} Co. 30 390 . Sena date of birth for {llastration. 16% 16K US 1164 | lower, with May, 1.27% to 1.28% and 100 | Swan & Fioch Ce % 2 Imt O T Toarane A doia. 1600 New York Ave. Main 98 61% €% @1% 61% | July, 1.10% to 1.11. were followed by 10088 | Yacowm Oi1. €o. a8 ma3 ‘All branches. 12% 13% 123% 13%|a moderate setback. & 101% | Washington .0u 28 2 Room 610, Woodward buliding. M. 80 Corn and oats eased down with 102 o fan St g (IR EEL LS = i L. 2% 2% ;% 21| cent of e corn market continued | Union r 78 3 e Hal 108% y to sag. Western Electric 7s 1925. 1063 o Sl TR BB R B T T e (R AL B B LIBERTY BONDS|[ % fovertns any Women 61% | Western Ma 8% & g% 9 |i1%a41% (o 413, and then weakened TREASURY OERTIFICATES. BOYGHT FOR CASE. ! Western Pact W% still further. ———Noo# —— m . N : R acne W% 1% B%| " provisions were lifted a little in | Rate—Maturity. Oter. Bond Ex e Are investing all of their ® vt 62% &4 8% 84|yalye as a result of an advance fn!5e March 13, if 1 funds in FIRST TRUST % | Westhao E & 5 Bt x| oones market 1033 604 14th Street N. NOTES, U | Westhse E & 1 8% 82% 82! Potatoes dull: receipts, 48 cars; total 1n0e -W. NOTES. g T L e S : 0 18 | White Motor....... BB | afinnesots “skcked Tound whitan, w33 | Jite Insurance a Profession Because 18 | WhiteOll......... 9 9 8% 9 |partiy graded, 1.50a1.70 cwt.; Minnesita 1003.16 1005.16 e 3 1% | Wilson Company.. 84 34 84 34 |sacked Red rivers, 1.70a1.75 cwt.; Colo- |3 10 The Carnegie Institute FIRST TRUST The safety, the lack of need 16% | Willys-Overland.. 6% 8% &% &% | do sacked bro o 05 | e 1054, 10aTs1a][ Has established a school of Life insur. for technical knowledge or % | Wisconsin Central 26% =% % s |Swt: Idaho, sacked rurale 2002151505 September 15, 1024 102 7-1¢ e ey NOTES experience and the prompt fl“ Woolworth....... 161% 151% 151 1613 | 980 d a ks i What is conceded o be the best payment of most attractive 1ih| Worthington Pmp 6% 6% & @ | Later, when wheat started upward DAIRY MARKETS. e e ™ 2 = interest earning, combine to High. Low, Last, |COTD 2180 advanced. The close Was| g,y rMORE, February 8 (Special).|| the company that has returned to its” Your savings can be uti- make this form of investment ™ can firm, %a% to 1% net higher, with potichojders more money fhan 1t has i i Sii “w% Money. s [ May 58%258% to 58%. —Live poultry—Turkeys, pound, 43a || Decqived from them. lized in small dencmina- most desirabie. $%] HOURLY SALES OF STOCKS. WHEAT— . High Low. Clow [48; old toms, 35; poor and crooked|| p 1 Sampson, General Agent tion to get high yield, free- Notes $100, $250, i . 206000 13 1w Lo 1w Law Mnr'fx'm’&m’::“?e‘z hc:r(::evzn?ngpa:lfld: 1125 Woedward Building dom of details and ssoo Sl 000 % q ; Rens, 73a20; small and white leghorns ABSOLUTE SAFETY e iteddd 0% Ma; 57% .69 5T% .08% l.eng“za ; smal ‘n17'wduck :2"”: A 2 % [ ': :;* '::" ':: e °Moazn pigeons. ‘gnrf'buusd{ —if you consult our loan Now Available usle . 0% 4 inea fowl, each, 30a60. Dresse —Buck- | tom., 35a38; poorly dresse n, uz g:xflfim“fi.&:' ST wa"fiw..zfl'}’-.(hiifl?i‘n”.'ng‘ C.Bu“.%. ;gl:ncme::“:ép!:“a:: glfld ‘;ooltem zlol; lufl;’;nf;u‘: c.n::l:'::“l:‘tg; an e el' ker Oats v B ¥ B .| capons, 36a40; ducks, 28a32; geese, 20a e | Shan s oo, Y Dt i.00 Orher aaticles unchanged. gt“: S I R weshiagton;iBeal’. Rutete/ - CO., INC. 0 S — frats, dosen, 40; southern, 38a33. Stone & Fairfax 813 15th N.W. Main 2430 | DRY GOODS DULL. (EW SO Bonvary oThe cot- | s et G et atan 1t ses . 3. Ave Matn 2034 —_— N ., February 8.—The cot- rints, adl; ne 'y e _{ton market opened firm at an ad-|ash: ladles, 36a28; rolls, 20a23; atore 7 |Lack of Demand Most Noticesble|vance of 19 points, with the ac- | packed, 18; dairy prints, 20a23; proc- ";:: Feal n tive months soon showing net gains |ess butie 30. Py ture Trading. of 0 23 points on better Liverpo Februa . — Butter, % ables, reports that the rallway strike | n CEICAGO, o tras 37; frats, 308 s |_NEW YORK, February 8 (Special). | {abIee TNVVER L0 neen settled and | Hi8er Cooa ey o ndards, 3¢ 14 2% qull :o:':;.:tn'a" o .‘Sé’i’-’;fi“E‘.',‘}:..“; dontinued firmnesa of foreign ex- "icfi:nu'iacnmnd. Teceipts, 10,997 1% | constructions. Selling pressure was |change. There was considerable real- | oson. 8% | not in special evidence, but lack of |ising at the advance, while Liverpool| "poultry, alive, lower; fowls, 24; 88| demand was most noticeable. Price | Was & moderate seller on straddle 4c- | 4prings, 27; roosters, 18. 1% | fluctuations were narrow. ~This cot- fcounts, and some Jepancss S = S| rorafor 1o ek of'atrikes 15 New |showsd & very steady tone during the| SUGAR MARKET UNSETTLED. & | England and talk of curtailed pro- |e8rly trading. selling up to 16.83 for| "vuo'v pw pepruary 8.—The early 121 | duction in the south, production is{May and 16.11 for July. aw sugar market was steady at ° still large. Some marrow print| Futures —opened steady: March,|p t and freight - 16.73: May, 16.48; July, 16.10; October, |23-32 for Cubas, cost an « 914 | cloths were sold, but sheetings were : May, equal to 3.70 for centrifugal, with not in strong demand and purchases | 15.49; December, 15.43. B Ricos at 3.61. No sales were J4%|in nearly all'lines wers in small lote| \ o ORLEANS, Feb &_ne|E0rte, BS i 2% advanoce in the oo 2 s . | e il T *for” e sy e |t psrin todey £, 8 the S0 of (he |t eer, under lquidacion and hedes That is the work of our Service Department. Each industry % | and phsama cpacks wesk "o "% wero sent 31 to 36 points higher than | The T o roimers. reducing which we have financed, furnishes us with monthly reports. We 0| et e eained S foads con: | 450 S1o%na* 4 for Uetober. A svoa | st pricen 10 points fo the basis of o see their balance sheets, their production reports, their sales am | somewnat better domand was (n evi- |part of the demand came from Sovering | mained unchanged ot 510, No im- reports and their collection sheets; each one of them operates on 1y | Good " grades of® canton crepes are | Futures opened steads. March 16,57 | provemeny was neler 10 0 (OTan: a fixed budget of nditures. We always know what their | GuOtemlat IRIs to BEAS & yard e T T e O otons expenses will be and what they must produce and sell to satins an .70, \ 12 o) : et e 4| tagnant Tore “ith amaoturers | LIVERPOOL, February 8.—Cotton— PARIS BOURSE HEAVY. make profits. : Tk | porvea dun, with Jokonsma Showing | 10,015 fully midalin £ i miaaing. |, eA5 1% !:'.“"%“‘:“'{,“""‘.fi 70 Our Service Department constantly checks these reports, ) Eg GO IR | 1 1;fui ordinary. ¢36” Exles, 3000 B ke on London, 51 frauca 15 makes suggestions, improvements and changes. The result is 1 includin, . » r . & | seiting checks—tollar values at noou today. 2213?:'. 13,000 | ?fl:‘ Jnenaing 1900 contimes, o cent loan, 78 francs, 95 a seven per cent. income to, our investors, conservation of capital '& = g:’g“ ‘E;‘a.l‘i?‘ lA’:‘;'“‘::.;‘: ";:‘tm“;“‘,‘ "‘gé ”35& "*’2_: “'Ar“l'nlemdegihr was quoted at 11 francs and added pmducuon to our manufacturers. Rrussels arsaw 1y, 9.35; September. 9.15; ober, . . s, | Beriin 54 Copmmhagen 3957 Decoimber. 8.99; January, 845, | iecentimes. = When you become one of our clients you will be one of o e —INSURANCE— thousand others who value this service 2 rich Amsterdam * CHICAGO LIVE STOCK MARKET. fifty jousana others who value service. % Belgrade All Lines—Expert Service # Howtread it CHICAGO, February 8 (United Stat 102’8 | By the Acsociated Press. bureau of markets). — Cattle—R BOSS & PHELPS, R e ] Py e PN THE R. L. DOLLINGS COMPANY 6% f:.c:;nfio“:‘qonugfihsflx‘t;éxfifishi. ge- and she stock steadv to.strong; early *) ® O | and, T36%: cables, 130%. Siaty-gay lings. 855 mood matured| [Vioney to Loan x| bills on banks, 4.23%. France, demand, | toP Yearlin SN il 2 D. C 2% g5 2 s ) Lsteers, 8.65; bulk. 6.75a7.65: veal . 4 i m’f-s ccaples. | S0 dtaly. " demand, [C.SCCT bulls, stockers and feeders | gecured by oot deed o trast n sval cotata 728 15th St. N.W. Washington, D. o7a | & cables. 8.25, Germany, gomand. | steady; bulk vealers, 10.00210.50: Frevafing interest aad commission. Tk cables, 31%. Holland demand, | Pulk bolognas, 4.00a4.25. Joseph I. Weller £ 75k L8 o 1% 37.40; cables, 37.46. Norway, demand. Hogs—Recelpts, 18,000 head; slow : | s a5y | 1652; Sweden, demand, 26.10; Denmari, | teady to 10 higher than yesiorday &%) demand, 20.45; _Switzerland, domand, | 8Yerage: ble packers holding bac 1 | 1952; Spain, demand, 15.65; Greece, de- | top; 10,05 on 160 to 110 pound hogs; T alovakia. Aemand 130" 9.2029.75; pigs, mostly 10 to 25 lower: a; tine, demand, 36.00; Brazi bulk d;:l;g.ble. 9.5029.75; few quotable 0: X 8 to 10.00. 03 o "3 | 13.50; Montreal, 85%. “‘éhefineu‘spm 10000 head; il International Building T e T R ing classes strong to gher: fa FORMEBLY INTERSTATE BLDG. lamb, top, 14.50; bulk early, 13.75a o SENATE TO RECEIVE ARMS 1035; af owss, top. oacly, 780; bulk 1319-1321 F St. N.W. arly, 6.60a7.25; '3 'eeder lambs, 3. e TREATIES NEXT WEEK |55, 1225 ook steady. A Fev(v)%’ery!l‘:)glrable K | Submission to the Semate by Presi- e = . cen L 8% | 4ent Harding of the treatjes resulting| FLURBY IN WHEAT MARKET. Reasonable Rents s8 | will be delaved until next week, it!gay resulted {rom the first crop scare |}’ eever 64 |was indlcated today after a meeting|of 1922. The price of the July de- Rental Agents 0. |of the American-delegation. devoted {i.vor.v of wheat, representing the 4752 || B 3 |t dratting of the repers to be 33 orop, Tan Wp o 6% & busbel to|] 1405-Eye Sf. Main