Evening Star Newspaper, February 28, 1922, Page 29

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

Grain, Produce | LOCAL WHOLESALE PRICES. Eggs—Strictly fresh, selected, per 2822 average receipts, 40: spring. per lb., 32a35; keats, young. each, 50a60; fuwls, 26. ‘Dressed poultry spring chickens, per Ib., per 1b., 28; roosters, per I each, 60 3 Pork—Dressed, small, per 1b., 12% a13; heavy, Sall. 7 Live stock—Calves, choice. per Ib., 12; lambs, choice, per 1b., 12a13; live hogs, per 1b., 111 ‘Green fruits—Apples. per bbl all.50;. per bu. basket. 2.50: western, per box, 2.73a4.50. fornia lemons, per . “alifornia_oranges, per crate. 5.00a .00. Grapefruit, 3.50a4.50. Florida 59. Vegetables—Potatoes, No. 1. per .. 8.5023.75: per sack, Sweets, 2.50a4.00. Lettuc: Der crate, 1.3044.00. Romaine lettuce: 1.25a2.00. ' Cymblings, per crate, 3.00 a4.00. Spinach, per bbl, 2.00a5.50. Onions, per_ 100-1b. sack, 8.00a9.00. , 2.75a3.00 per cwt. Cuc\uln- 0 Eggplants, per crate, a Tomatoes, per box, Flor- 5.0025.50. Beans, 2.50a4.50 per basket. Sprouts, 25a35 per qt. Pep- pers, per crate, 3.00a4.0 Kale, 1.50 22.00. DAIRY MARKETS. BALTIMOR! Md.. February (Special).—Live poultry ‘Turkeys, ¥ 38a45 old toms, poor and creoked, breasts, 30: young chickens. thin and staggy, 23a24; old small and white leg. old roosters, 16a 22a25; poor and pair, 30a35:! old rooster: 3 : geese, . ‘s,‘loss off. native, and nearby, finsts, 27a2. southern, 24al5. Duck eggs, 40. Butter, creamery. fancy, Ib.. 38a39:) process butter, 25. HIGHEST PRICES FOR YEAR. —The better than ten-dollar hog has appeared in Fort Worth after a year's absgence. The highest prices of the year were paid not only for the hogs. Dat - and lambs. The top in hogs was 10.05 cents per pound. SIOUX CITY, lowa, February 28 Hog prices touched a new high mar- ket for the season today, 10.65—the Dbighest price since Auguat.’1920. ARGENTINA OIL GAINS. NEW YORK, February 28.—Official figures giving the production of petro- leum in the Comodoro Rivadavia flelds during 1921 show a considerable in- crease over the 1920 production, ac- cording to official r. ports from Buenos Alres. which give the 1921 production ag 277,807 cubic meters (73.388.407 United States gallons). as compared with 226,543 cubic meters (59.845,972 gdllons) produced in the year 1920. —_— SHOWS NET INCOME. EHICAGO, February 25.—Total oper- ating revenues of the Chicago and Northwestern for January. 19 ceeded expenses by $674.000. A $397.000 was shown in January,! 1812 17th St. N.W. . Handsome, new offices on first floor and basement. Modern throughout. Very desirable lo- cation. For full particulars ap- ply THE F. H. SMITH COMPANY 1414-16 Eye St. N.W. Temporary Location ings of unsel convenien®. scvice for the side trip to ROOSE- VELT DAM or the 120-mile detour by automobile over the eatire length of the oranges, 4.50a6.00. Tangerines, 3.50a | 4.50. and GRAIN AD PROVISIONS. crate, 3.00a4.50; spinach, 2.0025.50; squash, crate, 4.00a5.0 basket. 35a40. ples, 2. 3 cranberries; 25.00240.00; grapefruit, box, 40a50. Selling Prices at Noon. quotation; No. 2 red winter, spo 1.50 red winter, garlicky, 144 1.35 per bushel. 4 corn, spot. 70% per busne Oats—iWhite, No. bushel; No. 3, 47a47%: per bushel. nal. per bushel: No. 3, no quotation. Hay—Receipts. 23 tons; range othy and mixed hay; market firm nominal, 10.00a11.5| ¥FORT WORTH, Tex.. February :s,l ily active, the famous Roosevelt Dam, whose foam- ing cascade overtops Niagara. Inspect cliff dwellings older than Babylon—glory in gorgeous vistas of mesa, peak, arroya and canyon more vivid than any painting. | most part of a transient character. ive Stock! BALTIMORE, February 28.—Pota- toes. white, 100 pounds, 1.75a2.15; No. 150 pounds, 3.00a3.25; No. 2, 1.75a2.00; sweets and yams, barrel, 4.0025.00; No. 2, 2.00a2.50; bushel, 1.50| No. 2, 50a75; beans, hamper. 4.0025.50; beets, bunch, 4a6; cabbage. hamper, '1.00a1.15; carrots, bunch, 3a 6:\caulifiower, crate, 1.76a2.60; celery. 2.5023.50; cu- crate, 3.00a8.00; eggpiants, horseradish, bushel, 1 < tomatoes, crate, 2.50a5.00: turnips, Apples, packed, barrel. 6.00a9.00; No. . 5.00a6. oranges, box, 3.50a5.00; tangerines, strap, 5.00a9.00; strawberries, quart, Wheat—No. 1 red winter. spot. no No. Sales—Bag lots, nearby, at Whart.) " Call moncy opened at 4% per cent, & rractio % s . Corn—Cob corn, old yellow, quoted . Ssterdayie rst quoia ) |.. 0 per barrel; contract corn. T1% i race corn. 'yellow, No. 3, qomestic g | or better, 76 per bushel 434835 per . Rye—Nearby, 95a1.05 per bushel: No. 2 western export, spot, 1.14 nomi- 18.00222.00 for good to choice tim- CHICAGO, February 28—Wheat had an upward slant in price today dur- ing the early trading, influenced chiefly by higher quotations at Liver- pool. * Offerings became more liberal { in extent as the market advanced. At first they were readily taken, but they 39a41: nearby creamery, 34a-; continued in volume, and soon caused ’24a26: rolls. 20a23; store' a reaction. The opening. which varied Packed, dairy prints, 20a23;| from unchanged figures to % cents { bigher, with May 147% to 1.47%,und [ July 125 to 1.251, were followed by ! moderate gains all round, though the Corn and oats were governed In the main_by the action of wheat. / SPECILTIESLEAD | | TRADING IN STOEKS Dealings in Rails and Jfidus- trials Light—Changes Are Nominal. NEW YORK, February 28.—Encour- :laged by vesterday's sharp reversal, ar- |shorts extended their contracts at the opening of today's sesston. Leaders of the steel, motor, oil, tobacco and tex- tile groups gave way from fractions to 1 point. , Gulf States Steel and Baldwin Loco- motive were among the few excep- tions, showing pool support. Dealings in rails were light at nominal gains and losses. Prellminary foreign exchange quota- tions eased from yesterday's best quotations. tion, regardless of the heavy transfer funds in anticipation of March pay- | menis. Trading Under Yesterday's. Trading fell considerably under yes- terday's active forenoon, running more to specialties. Rails and favorite industrials ~were neglected, their places being taken by motors and af- fliated shares. also shippings, sugars, tobaccos and merchandising issues. 1| n Olls were firm, but California Petro- | Kel Straw—No. 1 rye. nominal. 13.99:!leum extended its initial loss. Heavi- No. 1 wheat. tangled, 11.00; No. 1 oat, | ness 0f Pressed Steel Car. Cast Iron Pipe preferred and Nova Scotia Steel caused other Independent issues of that group to sag. Stocks Ree: r Quickly. ‘ The stock market was quicker than t] he other markets today to recover from yesterday's little weakness. Some furtler decline occurred at the outset, but it was abundantly clear that the selling at last night's close had been a mere traders’ raid, and that it had not involved any serious {change either in the market position itself or in sentiment regarding the outlook. A half an hour after the opening : { After opening 3% off to % higher, |fresh buying made its appearance in | May, 7% to 681, the corn market scored a general advance and then underwent something of a setback. | Oats started vance, May. 4 {averaged ably higher. i Upturns in 1 of hogs gave | something of a lift to provisions. ! Potatoes steady: receipts, 30%cars. iTotal United States shipments. 35 : Wisconsin sac! round whites, . 2.05 c.w.t.; Minnesota sacked round whites, $ rado sacked russets, sacked rurals, 2. sacked russets, 2.3 |lers, together with signs of some e vance. 1.24%al.24%. cent higher, with May 67%a68. High. Low. I May . . 148% 1463 iy : 1267 1238 @ Ty W ey 43¢ 43% 45! iy Qquality plain; early top, 6.7 and calves, slow. ! higher than yesterday 100 to 120 pounders, 10.25a10.60. | wooled yearlings, 13.75; shorn wethers, j9.2 23; wooled ewe top early, 8.50. — DETROIT, February 28 (Special).— Slightly better prices for fodder have resulted in bringing wmany storage to market in the last few days. The ApacheTrail FORTY years ago a handful of nameless, blue-clad troopers won for you the site of one of the won- < ders of the modern world—won it i from the merciless Apache by tracking him down and fighting it out, hand to hand. Stop off a day in Arizona on your way to California and see the marvels of this Apache Trail—the man-made lake be- neath whose waters are buried the wind- Geronimo’s last war trail— “Take the Houle APACHE TRAIL between Globe and Phoeniz. . Connectingat Yuma with the San Diegoand Arizona Ry. for San Diege For Information and Literature address SOUTHERN PACIFIC LINES A.a.r-u-.«mmniwm 165 Breadway, New Yerk oity. Snowstorms_in the Southwest led {to wheat declines later, especially in the price of the July delivery, but pwere partly offset by predictions of {enlarzed demand from domestic mil- !port business, The close was un settled, af 1% net lower to & ad. May 147%al47%. and July In the later corn dealings small- - of receipts helped to uphoid prices. The close was steady at the same as yvesterday’'s finish to quarter . Washington Stock Exchange CHICAGO LIVE STOCK MARKET. CHICAGO, February 28 (U. bu- reau of markets).—Cattle—Receipts, 111.000 head; beef steers steady to .’ 7.4088.00; fat' she stock and | stockers and feeders, steady; bulls Hogs—Receipts, 25.000 head: falr- o 10 higher: mostly 10 | American aer. and Telss. 4¢ averag 0P, 1135 for one load: 170 to 180 pound average, _bulk, '10.90a11.25; plgs, |steady to 25 higher; bulk, desirable, Sheep—Receipts, 16,000 head; slow; || sheep and yearlings, steady; lambs | weak; choice fed western lambs, 15.50; to. Califiumia Every mile a scene worth while D. C. Me: wi 4 Co ‘Through a number of Individual stocks, and the prompt response wkich followed ! effectually discouraged any further efforts to drive the general market down. The grain market found it more diffi- cult to shake off the effect of realizing sales. which had stopped the advance | yesterday. Foreign Exchange Weakens. The same pas true of sterling and continental exchanges, which went lower. The fall in the German mark was at least temporari'y arrested, and there may have been some conmection be tween thls and the disclosure in the reichsbank statement that for the sec- ond week in succession paper notes is- sued had ceased to expand. The stock exchange had to rely upon the Initiative of various speculative | cliques which pushed up their favo- rites. These efforts were energetically opposed by another section of the trad- ing element who thought that the rise had gone far enough for the time be- ing and were working for a reaction. Potomac Electric agh. 6r—83 Gapital Traction—10" a8 at 5. 5 at 63, 35 at 64, 23 at 66, 25 at 60, ind Wasiiogt Halty lon Gas ¢ at 105%,. 1054, $1.000 at 105%. S Money—Call Xo..lu 5‘: ::r‘.:’en.l' - BONDS. Bid and Asked Prices. PUBLIC UTILITY. nd A Rel. and Tol. el Ani. Tel. and Tel Anacost! i ELERRY2RRTS o ectric deb.. ds. lec. Power g. STOCKS. PUBLIC UTILIT American Tel. and Telga 5 Capital Traction E 9515 Yashington G ) b3 180 R z sgs * _ TRUST COMPANY. American Security and Trust Tontinental Trust National Savings an Union Trust Commerce and Saviugs. East Washington . Merchan! Becurity Beventh ki TITLE INSURANCE. Columbia Title 5 Real Estate Titl —_— BALTIMORE LIVE STOCK. BALTIMORE, February 28.—Cattle —Receipts for week ended noon yes- terday were 2,064 head, against 2,670 head last week. Receipts, 88 carloads for arket for the week. Choice steers about 25¢ higher, other kinds steady; bulls, 25c lower; cows steady. A load of prime Maryland steers fed by Van Lear Black were sold to Greenwald Packing Company at 8.25 Steers — Cholce, 7.75a8.25; good butcher, 6.5027.25; medium, 5.50a6.2 cqmmon, 4.50a6.25. Heifers, choice,. 0a7.00; fair to good, 5.5026.25; com- ‘mon to. medjum, 4.5085.25. Bulls, cholce, 4.75a5.00; fair to good, £.00a common to medium, 3.00a3.75. i 3.50a4.50; common to medium, 1.5 3.00. Maryland and Pennsylvania cows generally 1.00 lower than above quotations. Sheep . and ~ Iambs—Receipts. for week ended mnoon yesterday were 1,787 head. against 1,688 head last k. Light supply: Sheep, 3.00a! lambs, Hogs—Receipts for ded noon yesterday were 12,515 head, against 12,256 head last week. Fair t higher. Lights, 12.15; 12.15; pigs, ‘week ended. BOND AND C e fu by Redmond « _ hed by W. B, Hibbs & Co.) U. 8. LIBERTY BONDS.2: Rstiatiens farms 2. N Goveiument 8 1945, French Government 7%s 1041.... | Goverument of Switzeriana su 1440, Kingdom uf Helgium 7+ys 1843, Republ.c of Chiie de 164 United Kingaow 5! Unlted Riugiom 5 Kdom Gigs 1957 Cliem. 1 ‘el. and e Armour & Co. 43s 1930, . 88! gen, 4n 1005, 87 tic’ Count Line 73’ 1980, . tic Ketining Co. 6% ne 1 Delaware und Hudson 7 Du Pont 7i4s 13 Erie generai lien ix 1096 ral Eloctric Gs 104 re and Rubber Co. 83 1941 Great, Northern 7% 1 del ew York Tele folk and Western coav. 43 199G, Kt Reading general 4s 8 5 ‘ran Louis and 8an Fraucisco rd Air Line e 1945 A'r Line refdg. Bo:ue-Scrymeer Co. Buckeye Pipe Line Co, . Creselorough Manufacturing Co. Continental Oil Co....... Co. af Amer. s 1925 Tel. Tel, 6 1922 T. an Gulf Ol Corporation 7s 1933 H. J. Heinz ™ jumble Oil and Re hington Itail K S opper 7 1230, ington Rallwey and lectri | Keunecott Copper 7a 5 at 105 e Erocter & Gamble 75 1920 Truet 5| I 3. Reynolds 230, Compavy—3| yeare, liosbuck & C & | Special Dispateh to Tue Star, 1014) NEW YORK, February 28.—The 108% | course of today's bond market was little more than a repetition of yes- attracted most of the attention., | tinued a feature of the trading. While ) British and French loans continued : {RECEIVER NAMED WHEN | HEAD OF COMPANY IS ILL Turney Transportation ‘Hlnlger Chosen by Couyrt Because No Other Official Is Available. PHILADELPHIA, February Pacific Co-Operative League De- In an automobile, were taking the receipts to a bank, and when crossing a bridge they encountered another car in which were four un- ighted and forced the Standard Oil men to:leave their wmachine and turn over the money and masked men. PENNSY CUTS FIRE LOSS. PHILADELPHIA, February 28.—The { Pennaylvania raliroad announces that revention methods on its lines e loss to the properties en- dangered by fire was kept down to less than one-tenth of 1 per cent.” The number of fires was more, but the loss ‘was smaller than in other years. The total loss was about $26,000. NEW LONDON LOANS. NDON, February 28.—New ge- in. England during ore than twice as large in aggregate value as those of any month in 1921. by fire. 11 1921 tn January were ‘The total, £157,- compared with £392,800,000 for the whole of 1921, and £481,250,~ 000 for the whole of 192 Up to the latest date in February for which figures have been received the offerings of new securities ex- ceeded those of any year since the ‘war began, except 1918 and 1919, when the total was swelled’ by large gov- ernment, issues in the first month of the year. FUEL OIL COMPETITION. ._ The output_of coal:on Vancouver Island for the year 1921 was 1,833,500 a_decrease; ‘compai ambun . choice, 5.0085.25; fair to good, .business ‘will Increase rapidly. In réd with the ountihi' to 4. créase in the output is nmmfl to the declin 1 ng_ to the unfavorabl 1 conditions, but more espe- to. the.competition of American ! MARKETS. Curb. i . coln Moors o i Magma Copper . dai et o racalbo Mountaln Froducers I3 1N 1 0il 21516 { Am Tobacco. . Am Tobacco (B).. Am Water Wks Am W Wks 6% Df. Am Woolen. ‘Am Woolen pf.... Am Writing Pr pf. Am Zinc & Lead. Am Zinc & Ld pf. 1y W CHICAGO— |, Armour Leuther ' com Armour Leather ptd Armour pfd. udahy Packing tional Leather ft & C Union Carbide . OIL STOCKS. nglo-American Oil Co. (new). ylvanin-Mexican Fuel Co.. Prairle Oll and G Prairie Pipe Line ¢ Bolar Refining Co. Southern Pipe L South Penn. OfI C Southwent. Pean, P Standard 01} C Washington Ol Co. FORGENSEONTE FEATIRENTRADNG Some New Highs Scored in Bond Market—Domestic Rails Firm. terday’s general- price movement. Practically the same Individual issues The foreign government group con- several other bonds, like . Copenhagen 51 ‘The new 6 per cent Government of jNetherlands loan, which was heavily oversubscribed yesterday, was admit- ted to trading on the stock exchange today. This issue sold around 94%;, which was a half a point above the price at which the syndicate offered the bonds. Strong at Slight Advamces. Many bonds were strong at slight | advances, heiped by the S of easler money rates. Brooklyn Rapid Transit 5s were | -A | strongest of the tractions receiver was appointed yesterday for trials showed irregularity. the Turney Transportation Company, a Wilmington firm, because John J. Tur- ney, president, is ill in the hospital and there was no one else to handle the business. | Thie otfier officers resigned Howard M. Long, United States com- representing the company, said the firm was in good financial con- dition, with assets of more than $400,000 ly $20,000 outstanding llabilities. There are admiralty suits and other claims amounting to $100,000, he said. Turney owned 75 per cent of the stock. BANDITS GET $70,000. Daring Daylight Robbery of Stand- ard Oil Employes. LOS ANGELES; Calif., February 28. An amount estimated as high as $7¢ in cash and checks was obtained bandits in a spectacular daylight rob- bery of three employes of the Si Oil Company here yesterday. of loot, $10,000 was in cash and probably more than $60,000 in checks, according to a report to the police by company officials, representing the day’s receipts of the sales department. ‘Three employes mand for Missouri. Kansas and Texas | Guantanamo St bonds, all of which were heavily | Gulf Mo & Nor. dealt in at fresh tops. The adjust- | ment 53 remained a favorite. Chi- cago and Eastern Illinois general 5s and Frisco incomes both were at their best prices. After early strength, Union Pa- cific 48, as well as the Northern Pa- oific 45, sold oft Market Street rail- way 6s went higher and so did the Brooklyn Rapid Transit 7s and 7 per | Indian Refining cent certificates, which were up 3 or | more points, equaling their gain of | Interboro Met pf. | Intl Cement. int Combstn Eng. Intl Harvester. yesterday. In the industrial section Sinclair 7135 worked closer to 103, at which ure It Is possible they will be{ru Horvester pf. 17k cal n and an 8 per cent security Marin 5! bubstituted. Invincible Oil 8s rose | ‘2t Mor . more than & point. —_— SAYS ACTION IS FORCED. clares Receivership Due Discord. SAN FRANCISCO. Calif.,, February 28.—The management of the Pacific Co- nia, Oregon, Nevada, Arizona and New in the United States district court. The Ke: league has done an annual business of 3, 000, Kres, sl . Lackawanna Steel Ernest O. F. Ames of San Francisco, Laclede GBS. ... bl LakeErie& W... Lake Erie & W pf. Lehigh Valley Liggett & Myers. . 163 | Liggett ¢ . Myers B 167 | Lima Locomotive. president of the league, in a statement, said the league was “‘perfectly solven:, but is forced to this action because of internal discord.’ He said that “unwarranted and de- | structive interference” have endangered the business and rendered it incapable of meeting its present obligations. Ames declared the difficulties were only tem-| porary. . ‘The league's capitalization was $1,000.. 000,000 and assets were said to total three times the Habilities. —_— TAXI EMPLOYES GET BONUS. PHILADELPHIA, February 28. The quartefly bonus of-the Yellow Cab Company has been distributed to its employes. The president of the company says: “The spirit of that by their untiring efforts please the public, to improve the| service, to be courteous at all times | \iaini Copper. ..« | Midale States OIl. Midvalo Steel. MinnStP&8 MoK&Twi. MoK&TPIW and to obey ‘safety-first’ rules our turn, greater profits will be earned, thus insuring better dividends for each driver.” DERT OF CITY OF PARIS. PARIS, February 28—A statzmen published of the funded debt of the city here shows-the total obligations at the beginning. of 1911 to have been 2,704%645,211 franca. At the be- of 1916- this debt had risen at the _beginning | New OF adlltal{ m;r .t‘h:.. a.n‘l::: "WASHINGTON, D. C, TUESDAY, FEBRUARY 28, 1922, - NEW YORK STOCK EXCHANGE Recelved by Private Wire Direct to The Star Office. Open. Hgh. Low. Cles. Allied Chemical im Allis Chalmers pf. 92 Alr Reduction 81 Am Agr Chem Am Agr Chem pf.. 68% Am Bank Note. Am Beet Sugar... AmCsr & Fdy. Am Chicle Co. Am Cotton ONl Am Hide & Lthr. . Am Hide & Lthr ot €T% 83 8% ! Am 1copf. 2 Am International. Am Linseed. Am 8hip & Com Am Smelting. Asso Dry Goods Asso Dry G 2d pf. Atchison pf. Atlantic Cst Line. Atlantic Fruit Co. Atlantic Gulf. s Atlantic Gulf pf. Atlantic Ref pf... Austin Nichols pf. ‘Baldwin Loco. Balio & Ohio Beth Steel. . Beth Steel (B). Open. High. Low. Close. 2 ‘NY¥Chi&StL NY¥Dock..o oo, & Norfolk Bcuther';l. :‘:'16 Norfolk & Westrn 9% North American.. gg P{onh American pt 421 Northern Pacific. . 0% Nyvl Scotia Steel. 231 Nunnally Co. .. . Oklahoma Progd. Orpheum Circuit Otis Elevator. Otis Elev pr. Otis Steet. Pan-Amer Pete. Pan-Am Pete (55 so Pennsyivania. Penn Seabd Steel. People's Ga: Pere Marquette. Pere Marq pt. » Pere Mrq prior pf. 6% Phila Company 34% Phillips Jones. Phillips Pet, Plerce Ofl pf. Pitts Coal Pitts & W Va. Pond Creek Coal Pressed Steel Ca: Producers & R. Public Serv of A Pullman Co Punta Alegre | Pure Oil. . Pure OIl 8% pf. Railway Steel Spr. Rand Mines 4 Ray Con Copper. Reading....... Reading 2d pt..... Remington Typr. Replogle Steel. Rep Iron & Steel Rep Iron & Stl pf. :lo}-l Dutch. oseph Lead. . ., St L & 8an Fran... ’gh StL & San Frpt St Louis South St Louis Sown pf. Booth Fisheries Bklyn Rapid Trn Bush Term pf Burns Bros (B) Butte Copper. ... Butte & Superior. California Pckg. California Petrol. Canadian Pacific. Carson Hill Gold. Central Leather. . Central Leath pf. Cerro de Pasco. Chandler Motor Chli & Estn I11. & Chi Great Westn. Chi Great W pf. ChiMil &StP. Chi Mil & St P pf. Chi & Northwa. .. Chi & Northwn pf. 1R 1& Pacific. . Santa Cecilia Sug. Seaboard A Lot Shattuck-Arizona. 7% Sheli Trad & Tran. c‘;' Sinclair 0il 2 Sloss-Sheffield Southern Pacific.. si% Southern Ballway Southern Ry pf. L) So Porto R 8 pt Stand Ofl of Calif. Stand Ollof NJ. Stand OIL N J pf. Stewart-Warner. 1% | Stromberg Carb. Studebaker Submarine Superior Ofl. .. | Temtor Corn (A). ‘Texas Company ‘Texas Gulf Sulphu 45% Texas & Pacific... Si% Texas & PC&OIll. 27 Third Avenue. 15% % | Tobacco Prod. B {Tol StL & Wn pf B. 8/ Trans Contl Oil. o iR 1& P 6%pL. ChiRI& P i%pt. ChiStPM&O. | Chile Copper. Chino Coppe Columbia Graph. . Cimbia Graph pf.. Comp Tabulator.. Cons Cigar. Cons Gasof Cons Intl Cal Min. Cons Textile Corn Products. Crucibie Steel Cuban-Am Sugar. Cuba Cane Sugar. Cuba Cane Su pf.. Davidson Chem De Beers Mines Deege & Co. Del Lack & Wi Dome Mines Eilk Horn Coal. Endicott-Johnson. e . Tokio | : Gs. Chile 8s, Belgium 8s, Uruguay 8s and the Department of the Sq s, | established new high recordn.” " amous Players. . sher B of O pf. Fisk Rubber Freeport Tex: he indications | Gen Electric Gen Motors. and indus; | 2000 h Dt . Liberty bonds were steady on mod- | Gray erate dealings. There was no let-up in the de- | Great NorOre Twin City R Tran. 40 i Unlon Bag & Papr. 65 Union Oil. 15% 134% United Alloy Steel 2% United Frui 133 | United Ry Inv pt.. 2% | United Retail Strs. & U S Cast Ir Pipe. USCastIr P pf. U S Food Prod. U S Rubber 1t pf. S Steel.... % U 8 Steel pt. Utah Copper. Wells-Fargo Exp. 804 i Western Md...... ol | Western Md 2d 5% Western Pacific... 1% Western Union... %4 Westhse E& M 554 Wheeling & L E. e Wheeling & LE pf U4% ‘White Motor. . 3% ‘White Oil. . ) ‘Wickwire Spencer 4% Wilson Company.. Willys-Overland. Willys-Ovld pf. Call Money..... Gulf States Ste Harbishaw Cable. Hartman Corp. Hendee Mg «louston Oll. Hupp Motors. Tiifnois Central. Intl Mer Marine pf Intl Motor Truck. Intl Nickel.. Intl Nickel pf.. sas City Sou. . operative League, operating forty-three | gansas & Gulf Co. general merchandise stores in Califor- { Kelly-Spring Tire. ‘Wheel Mexico, have petitioned for & receiver | wonmac Louis & Nash. Mackay Cos pf. Manat Sugar. Manhattan Elev.. Market St Ry. Mariand Oil. . co-operatien is reflected by every! Martin-Parry one of our amployes. They realize | May Dept Store: Mexican Pete. Mo Mo Pacific pt.- +1 Montgomery Wart Mullins Body. .- Natl Cloak & Suit. quoted. Growers are reported to have been 1% ! offered 25 cents a pound for their unsheared wool, which will be dirtier and shorter staple than last year. W% 6 Texas fine twelve months is quoted 16% |at 1.05a1.10, and fine eight months 5% 6% |at 90 to 95. e S — FOREIGN EXCHANGE. Selling checks—dollar values at noon today: (Quotations furnished by W. B. Hibbe & Co.) n { By the Associated Press. NEW YORK, Febru iB. qgs:aaaikzfii.;usigs &3 grsgaya L 3-2 94 & g | serted in the 1921 report of the Amer- {ican Locomotive Woolworth....... 149 19 Worthington Pmp 6% 6% 45k 45% High. Low. Last. | was put through in the dry good: % HOURLY SALES OF STOCKS. 1lam..... 218100 12m. 1p.m..... 43 700 2pm. WOOL TRADING DULL. _ &% 7. !|Prices Are Firm—Mill Schedule Is ‘Watched Closely. u BOSTON, February 28 (Special).—|were merely nominal. This reflected “u The wool market continued extreme- ly dull today, but with prices main- 100% 1003 tained firmly. Curtailment of woolen 7% | mills in Rhode Island to a four-day- 8% 8% |a.week schedule s watched to determine if it portends {production restriction iBuyers from Boston and Philadelphia | are now scouting_the 1% 16% | Tex., field, but so far few clips have been contracted for. The San Angelo 21% 8% |district sent out about 113 | pounds of wool 1 shearing season will not begin for |high when thirty days and growers are holding |ered. Good tol off for better prices than those now | was very little, being closely San Angelo, ast year. v 28.—Foreign, exchange steady. Great Britain, de- mand, 4.43%; cables, 4.44. jbills on banks, 4.40%. France, demand, 13% ;1 9.17; cables, 9.17%. 0 | Coca Cola, $1 Dominfon Of1 Italy, demand, cables, 5.31. Belgium, demand, cables, 8.71. Germany, demand, cables, 43%. Holland, demand, . cables, 38.39. Norway, demand, 17.20. Sweden, demand, 26.60. \ & 0. INCREASES TS NET EARNINGS | Comparison of Gross Returns During January for Four Years. The Baltimore and Ohio Raliroad Com- pany reports January groes earnings of $14,269,760, a decrease of $3,586,392, and net operating income after taxes and equipment rents of $1,523,105, a gain of $617.295 over the corresponding period of 1921. The company’s statement compares it gross earnings during January for the past four years as follows: 1919, $13.- 332,117; 1920, $17.343,668: 1921, $1 856,152, and 1922, $14,269,760. The bai- ance after taxes for the same periods 1919, $1.587,248, a deficit; 1920. $831,795 ; 1921, $1,280.008, and 1922, $1. 811,334, while the net operating income for ‘the first month in the four years was: 1919, $1,706,954, a deficit: 1920, $852,185; 1921, $905,810. and 1922, $1. 522,10 Interest Payments, $990,144.721. Easier money conditions, which en- abled the government to mark down its rates on short-dated securities from 6 per cent to 43 per cent in case of asury certificates, and from 53 per cent to 4% per cent in case of Treasury notes, have not as yet been reflected in_monthly interest payments. For the seven months of the fiscal %% | year ended January 31 interest pay- ments totaled $545,327,288, compared with $547,827,288 for the correspond- ing period of tae preceding year.a de- For the full fiscal year 1921 endcd June 30 the government interest pay - {ments fell just short of a bllli;)n dol- actually being $999,144 3 tuation, the “With the refunding operations of 548 | the Treasury, by which maturing cer- 13% | tificates are being replaced with paper bearing a much lower rate, and with the possibility of the government be ing able shortly to sell short-te notes at a lower rate than victors notes which are being retired, the in- terest bill of the government ought 1o show a decrease from now on. “The government's program might be upsei, however, if the proponents 7% i of the eoldiers’ bonus ram through & bill with a provision that the Treas- s {ury shall seil short-term notes or bonds to defray the cash cost of the bonus. All of Secretary Mellon's ef- forts to reduce interest disbursemer will be nulllfied If Congress saddles the uneconomic bonus bill as now planred upon an already burdencd public.” Stock Exchange Banquet. According to announcement . Thompson of zne, Jarris & Co., and president the Washington Stock Exchange. * | plans are now being developed for & 5% ! Lanquet to be given by the local ex- 2% | change at the New Willard Hotel 4% | about April 1. More than 300 bankers, business men and public officials of the ciiy 27% | are expected to attend. in addition 1o 20% | President Harding and many sen- ators, representatives of the House and Senate District,committees. The exact date for the dinner has not been definitely decided upon by the committee in charge, because it is proposed to fix the date to suit the convenience of President Hard- ing, who will be the guest of honor 2% { and principal speaker. 10 & | DROP ALMOST $5,000,000. 6% |Rail Equipment Earnings Refiect Carrier Conditions. NXEW YORK, February tent to which railway equipment ¢ panies have been affected by the inu- bility of the railroad companies 1o im- prove their physical condition is as- earnings were o $66,884,613 in 1920; gross profits fell from $8.841441 to $5,605028, and the net credit to surplus accol after paying regular dividends on the pre- ferred and common shares, was re- duced from $1.861.126 to $833.786. Total inventories were cut to $4. 751,901, compared with $15.119.342 in 924 | the’ previous vear, snd total curren: 85% | assets of $44,415.922 show 2 decrease of almost $5,000,000. —_— DRY GOODS FAIRLY ACTIVE. Some Trading in Wider Print Cloths—Mills Hold. ‘W YORK, February 28 (Special) —A moderate amount of new busines: market today. Some Dbusiness was done in the wider print cloths at pre- vailing figures, but mills still are {n- clined to_hold for higher prices for future deliveries. The narrower con- structions were slightly more active. Sheetings were in some demand for export, but the bag manufacturers in many instances confined their opera- tions to shopping for bargains. Fine goods were very dull, but sateens commanded considerable attention. The raw silk market here continued dull and quotations in Some grades the lethargy reported in primary mar- kets and the disinclination of local manufacturers to commit themselves heavily in the present state of the market. Busipess in finished silks, | however, showed some improvement. LYNCHBURG TOBACCO SALES. LYNCHBURG, Va. February 28— {Tobacco sales here during last week i barn floor scrappings. which reduced The ‘l‘ex..!lhe average to $15.60, termed ver regated 284,700 pounds, the offer- s “being made up principally of the stock sold is consid bacco, of which there ®old high and found a ready demand. Prices showed little change during the week. —_— VISIBLE SUPPLY OF GRAIN. NEW YORK. February 28.—The visible supply of American grain shows the following change: h {" Wheat, 41,475,000 bushels; decrea 1814.000 bushel Corn. 40.812,000 bushels; increase, 000 bush: e 0 70461000 bushels; increase, 0 bushels. z.;n; .°7. 51,000 bushels; increase, el O 941,000 bushels: decrease. 180,000 bushel iR DIVIDENDS. Stock of Par- r Mar. 1. i [ — °:ull~ 4 Mar. 15 emont & Co. e Ao 3T50......Apr. 10 Apr. 2 Gf, g)mm Powder JApr.20 May 1 mavk, demand, 2110, Syitzerland, de- e mand, 19.60. Spain, demand, Greece, demand, 4.60. Poland, demand, .023%. Csechoslovakia, :e’mlnd. 1.79. Argentine, - demand, demand, 13.75. Montreal, 97%. el COTTON MARKETS. NEW YORK, February 28.—The cot- ton market was rather nervous and un- settled during today’'s early trading. % ‘The opening was steady at an advance s s ner e e les, lverpool uying and a moderate trade odfl!mlnfl. bntmthe ad: met_increased offerings, with May easing off from 18.25 to 18.13, and 7.51_to 17.40. m Fifteen March notices were reported March fully main. in the street, but tdined Mar. 15 Apr. 1 Bt $2..Mar. 15 Apr. 1 Te . lk't Bc..Mar. 10 Apr. 1 ey Mar. 31 NEW YORK, February voluntary petition in bankruptcy was N of about I’I to 30| filed in federal court today against its premium al it

Other pages from this issue: