Evening Star Newspaper, March 9, 1922, Page 24

o4 * : THE EVENING STAR, WASHINGT ) STOCKSHOLDFIRM . ONSTEADY BUYING reatest Increase Is Shown by Auto and: Open. High. Low. Close. Adams Express... 62 6 6 62 Adv Rumley pf... 4% &% &% &% Alr Reduction. LIRCONE D Ajax Rubber. 5% “*i Ailled Ghemical. .. 67l B8 E7% Allled Chemical pf 105% 106% 106% Allis Chalmers.... 41 41 464 VEY SHOWS GREAT GAIN IN EMPLOYMENT AT CLEVELAND i Accessor_y Industries—Plants Are [Selected or Pooled Shares Reopened—Elsewhere. Active and Generally Higher. Rails Are Slow. Am AgrChem.... 40 41} % Am Agr Chem pf.. 61% 6% 64% Am Beet Sugar... 4% 4% 5% Am Beet Sugar pf. 2 72 T Am Boach. .8 o4 %9 Am Brake L s Co% BOK Am Brake Shoe pf.101% 101% 101% BY GUY T. ROCKWELL. Operators’ Association has announced | NIW YORK, ch 9.—Mix - . % o g tention to return to the 1917_scale. | | ORI, March 9.—ix¢d buy- | Am Can. L un ial Dispatch to The Star e VeIing 5 ent iy pay Trom 731 to | N8 and selling orders made for con: | Am Car & Fdy..ll 15 15, LEVELAND. Ghio, March 9. $3.4S au day. ‘The operators also as-fused conditions at the opening .of | Am ChicleCo..... 101 1% “"z ed improvement in the emplo sert they will abolish the checi-off | today's stock market. Selected or L Am fottonOil.... 24% 25% ;‘ ant situation here and a marked | YStem and declare their plans will | pooleq shares were active and gen- | AM CottonOilpt.. 68 8 = % 5 hore n_ 2 reduction in coal prices Am Druggists.... 6% 6% fterment in steel operations here! of 31 1o $150 otk erally higher, seagoned rails and in- | Am Rypes 135 185 185 @ in the Maloning valley have| The Unicn Pacific railroad has an- |Custrials showing only nominal | Am Hide & Lite. . 1% - 1% 14% : clanding features of the bus- ' Novncad freight rate reductions rang- | changes. ht:l °"|l .‘d’"gh,"_‘ i “'A survey | I"E from 14°to 30 per cent on many 'lge‘q infess situation this week. A commodities manufactured here, in- nternational paper, which was un- 0£{100 plants Rere. each employing | cluding usbestos goods, insulating 'der marked pressure yesterday, made ndtmally 500 or more men, shows that "‘, terlals, roofing. soda-fountain sup- |an initlal recovery of one point | O ik today as|DPleS: Blvcerin, iron and steel barrels | yn bW "€ 3158 men were at work 3 and wooden motor car wheels, American Ice, Crucible Steel and sev corapared witht & on February 1.|" Egg production in the midwest this | eral of the food specialties also hard- <Ereatest gahi was v the motor) xenr e been heavler than ever be- | oned. and motor accessory plants, where | fore and storage will begin fifteen ew York, Chi 7 cmployes . tolaled N33 ftoday us}daya “earlier than' usual. Poultry "\ ork, [Chicago aua Bt Louts igainst about 5,300 on January 1. imen predict egg prices will decline to | vaily, advancing two and one-quarter The Otls Steel Company and the{Z0 cents a dosen in the country. 22| points. Empire rolling mills have just com-|Cents at Chicago and 24 cents o e s pleted new plants for the manufac- | Atlantic coast this summer. rade wes Il by pa stes] ture of sheets in response to & Erow- Steel's advance of prices for bars, Am Hide & Lthr pf 61% 6% 674 Am Ice. PY o 108% 0% Am International. 4 4% 48" Am La France.... 1l 1We 0% ; 2 8% Am Linseed. . 31% 100% Am Locomotive. .. 19% 110% Am Radlator. 8 Am Safety Ri 6'% Am Ship & Com... W% Am Smelting..... % Am Smelt Sec A 8% Am Steel Fdy. 84% Am Steel Fdy pf.. 9% A\m Sugar........ % 1 and 1 these steel products I 4 ey 4 b ing* dentand or' these steel’ products (Quiet Retail Conditions e B DIaten e during the | A Bumatea 1o 20 Heretofore this business H first hour because of vi Am Tel 120 tHe plants of the yMahoning valley. Charged to Overdue Spring | % jour hesuus e T e e Local automobile manufacturers now R PAGLIG n RO steady buying of specialties. These co pf (n) Am Tobacco pf (n) 102 Am Water Wks G Am W Wks 6% pf. Am Wcolen. Am Zine & Lead Ann Arbor. ..... Ann Arbor pf.. can get shects for fenders, hoods A were chiefty featurs v v 530 hodies vighthere. ; , Svecin! Dispateh to The Star. Chemical, - Allied " Chemica), Somtnon 'Reports from the valley district EATTLE. March 9.—An overdue;and preferred; Virginia-Carolina, How that four independent plants|spring. which has not yet arrived, is|Common and preforred; American ud two plants of the United States; responsible for the quiet condition of | Cotton Oll. Gommond and preferred: Steel Corporation resumed 100 per|retail merchandising here. To offset |American Linseed and American Agri- cqnt production_this week. ion | thiS. merchants report overhead costs | cultural Chemical at gains of one to iOhio shoe @éalers. in convention | are gradually being lowered. ‘Tney | three points. Anacorda........ here, declare retail sales have lm-|declare there is a certainty of re-| . Aside from Stullebaker, Pressed | Asso Dry Goods. ploved materially - since last fualli newed activity when Lent is past.|St¢¢l Car, Lima Locomotive, Harvest { Atchison They are optimistic for the future. | The overseas commerce of this port | Preferred and American Ice' at gains | Atchison pf. { is building up rapidly. The total im- | Of che to two points, the more promi- | atjantic Fruit Co. t il 3 fiponts and: eigort trod nent industrials and miscellaneous Threats of Coal Strike |V B T sarls sfor January | Shures were neglected. Atlantic Gu 1572 . Atlantic Gul! = 5 Y pared sot > > r.| . Investment rails also held back Disturbing Southwest | parsd swith - 2 fof January.|eo''of the junior ratls wore anored | Atlas Tack BY DICK SMITH. this port from the orient is increas- ment of raw silk 10| “Yictory 43, per cent notes made a | Austin Nichols. . Ing. new high record at 100.78. Raldwin Loco. Special Dispatch to The Star. . Buyinz of lumber by Japan. which| Call money opened at 1, per cent. | Baldwin Loco pf.. KANSAS CITY, March S.—Just as|was held back somewhal eatlier In Buying Is Broader. Ralto & Olio. the southwest was beginning to think ) the year by high prices, has been| Further reduction - | Beth Steel st of 1ts troubles wora pehind it | resumed. The. Japanese buyers now | renewal rajenthic tiog oo b o i | Reth Steel (B) . THis section has been put on the|are looking for logs rather than |per cent—led to another broad buying | Beth Steel 7% pf.. anxious seat again by threats of a|square timbers. There are only about {movement today In the bond market. and | Bklyn Repid Trn. Coal strike centering in southwestern | 100.000 feet of logs in the water at|was an important factor in the stock | Bklyn Rap Trctfs Missouri and southeastern Kansas.!present Normally there is three|market, along with the increasingly | Bklyn Union Gas ine- operators and union leaders | times that amount. fayorable trade indications. Brunewiok Ter. ent into conference today appar- rus fruits from Florida and Cali-| The victory 4% per cent loan went| moens 1rc erm. atly far apart, so far as possible | fornia are moving to this market inlto a new high record, the remson for| Suris Bros (a)... 307 8% 89% agreement is concerned. The miners | larger quantities than ever before.|the recent advance wppering in the | BUrn8 Bros (B)... O Tiave voted to strike April 1 if there | The early clean-up of the Washing- | Treasury offer to comvert these notes | Butte & Superior. = 8% is_any cut in wages. The Interstate | ton apple crop has strengthened thefinto u new four-year issue of certifi-| Butterick. L e % —_—————— | demand for citrus fruit by Alaska. | cates bearing the same rate, CaddoOil.... 2 1 { Fresh halibut from the north Pacific | “’Steriing exchange again touched yes- | California Peks. . have spent their good effect, and prices | Case (J 1) pf ! From Various Sections | cate® o “inae ot ‘the” S yetore. | Chandier botor differs. But fhere is uu_dlu»u'.lng Chi & Estn 111 3 ing to move to market | (14 Tow: Bt subse California Cetrol. i m t e 3 quently hardened. { Califor in " quantities, storms ha\‘"gfl_hf‘d) In ‘the wheat market the favorable | California Pet pf. ;‘;uflk the operations of the fishing | sigtistics of farm rescrves appeared to| “anadian Paein . went lower. Central Leather.. i{Commodity Reports Trading Duplicates Yesterday. | Central Leath pf.. ASSOCIATION . ot Whether or not the outside’ public is Ches & Ohio s . s taking more iuterest in the proceed-|Chi )NNELSVILLE. Pa. March 91 Mg ; e = N L L oion Sesveds iy | INES s & matter on which opinion | Chi & Alton b Pays 6 Per Cent Indan Creek valley have been shal-| iyt the chief initiative coming j Chi & Estn 1l pf.. tered i the last thirty days. Most|irom the varlous pools formed Lo ud- | ChiGreat Westn. . of 2 voal w shipped 1o easteri | vunce their particular stocks. ChiCGreat W pf... on shares maturing in 43 polit If there was any difference between | Cpj Mil & St P & CHICAGO, Mareh 9. (Special these oo Ny diferent ; ChiMI&StP.... 2 or & months. It N aribn Ganl mtnes In West Mit| orog o ok oratlons today and tliose || Ent iY@ SUF pE- ginia and Kentucky have notified |3 larger yumber of 1Ssuss Chi & Northwn... S e Pays 4 Per Cent consumers In this section they can |iidividuai move there was a sp Chi & Northwn pf. 110% 110l 110} ! | Supply coal in any amount. The price | axplanatione—an esplanation. alrends | Cii K 14& Pacific . wow o | quoted is said to be $1.10 a ton at the! gamiliar to leaders of the finaneial| Chi R I& P % pt. on shares withdrawn De- mines. i columns. ChiStPM&O ©, & & f ity | NEW Y March 9 (Special).| But back of all were two common | Chile Copper..... nho1ts Lk ore maturity. i Railroads in eastern territory are|Tmpul first the ability of specula- { Chino Copper. . a | stocking up with bituminous coal Alj tive syndicates to borrow money on | Cluett Peubody... €% 834 | Assets More Than ipresent the roads have a supply!more favorable terms than any ob- | Coca-Cola.. : “« % | sufficient for about thirty-five days{tainable in the last three years, and | Colo Fuel. . 2% 2% ¢ $7,000,000 n reserve, but they expect to in-|cocond the confidence, growing daily. b W% 6T s ’ crease this to a sixty-day supply be-|that the business of the country has 3 3 a % 7 lus Neari fore Aprii 1. ow mmyf Q‘nlersd the next stage of &5 i 24 Surpl . i recovery following the lull of the| gy ; & 10 10% anug Bullding Materials. winter months. ‘L:“;:,‘:J‘?‘.f;:f‘:fl“ o o 8 $800,000 | MINNEAPOLIS. March 9 (Special). Indifterence Explained, Cons Cigar 2% 24 24 —Prices of lumber and other building 4 % 100 s ; 4 €| This confidence explains the mar-{ComsGusof N ¥.. 104% 104% 104% 104% 11th and E Sts. N.W. materials are stiffening because of In- |, g “inaifference to the metancholy | Cons Textile % 1% 18% 13% er .W. lIli creased building. Banks are loaning ; m il i ot Fyonrs | BERRY. Preaident [[|| on city Droperts, at 8 per centy the |SIOWIng In most of the 1921 ‘reparts. | Cons Inul Cal Min. 6 5% 5% JOSHUA W. CARR, Secretary [[irate in effect four vears ags. to|AEMIN todar this was exemplified in | Cont can 3 bm b b 3 4 e late Tome tonctruedion. “Gleavy |several instances. Worthington Pumn ! “orn Producs. B owsTe 104'5 105 Structural steel is in better demand |Tevported its sgurpius of $4.625.000 ati Sogden & Co...... & 3 B MK for flat and office buildings. the close of 1920 cut, as the result of | %rycip.e Steei @ E 5ity behy 2 inventory write-offs, to 16,000 at | <l Steel pf. % 8% | the end of 1921. Yet Worthington| 2 Pump stocks went higher. Cuban-Am Sugar. 23 2k Texilles. Beautiful i | MOLYOKE, Mass, March 9 (Spe-|" Chandler Motors reported 14 cents|cubaCaneSugar. 124 Lt 12w L%| S Food brod i Pe—10_at 75, 10 ; carr o 5 f : o —10_at 75, 10 at D ta.ched H e |icial)—Farr Alpaca Company, one of | a share earned on its Stock. as again: | Cuba Cane Su pt.. 34% 33 8% ) S Indus Alcoliol” 5 o 10 a 75, e (OUCZ |{the lirgest textile concerns in this|15 cents the previous year, but this, | Lavidson Chem N it 6 IUSR!‘|1¥~ o uanington “Railway ang Elecwic pfd—s In section. is now working on a four in-{oo, was virtually unnoticed. Tlus- | Deere&Co....... .- T % | y3Rubber % | *'Mergénthaler Laotrpe—3 at 14 2 £t stead of a six day a week schedule. |trating the market's predisposition to { Del & Hudson 1212 12 | USSmelt & Ref, 0 ! Washington Railway and Electric com Saul’s Addition 1 == emphasize good news, Studebaker| e Luck & Wstn. L4 4% (4% L% ] 7S Steel. .. .. 36. & 3 Just Finished | Wool. stock was bid up sharply in anticipa- { puSS & Atlpf.... " 6 6 6 | G S Steel pf. loans, 5a6 per cent. PHILADELPHIA, March 9 (Spe-|tion of a remarkable showing to be | .iccsior buciers. 166 Wi% 16 W1 | Gtah Copper. ... .. - BONDS. 31232 Crittenden St. || cial) —The local wool market is firm, | made in the annual report tomorrow. | fik tlorn Conl.... 16% 18% 16% 10% | Utah Seourivies S. Open Sunday, 2 to 3. | reflecting relief that the government | not oné;y' as r=gards the results of l:{lsl Emerson-Brant 9 8 |'veramiin Cotp ias Bid and Asked Prices. e 30, ‘wools now have all been disposed of.|year, but as concerns the outlook for | i i . V. s e = e ! Week Days, 7:30 to 410, e s enine iSmerson-Brant pf a9 = | va-Gar Chem. . PUBLIC UTILITY. OWNER, C. S. BATTISTA. Foreign wools are being held in bond CAUIGUL L= s bi% % BI%| ya.Car Chem pf. v R luntil the emergency tariff is super- ndicott-John pf. 1t 168% 108% | va Iron Coul & C.. A - : Lees Wh 10| Vivadou. : fAm. T 95, Terms seded by a new permanent tariff law WOOL MARKET FIRM. isoe. & 16% in the hope that a lower rate of duty i krie 1si will prevail under new law. : = ~amous a% sk —_— Today’s Trading Has a Mo;e Set-! Fisher Body...... 8'y 87 = isher B o1 O pf. s k% LONDON. March 9 (Special).—Ab- tled Tendency. 8K IULICL - “ {sence of lurge-scale consuming de-| BOSTON. March 9 (Spedial).—The | rreepurt Texas 1t 8% 198 mand on tin market here has left|wool market was firm and with «|GenAm Tani Car. 51l 6T ! trading largely in speculators’ hands. | more Settled tendency today and re- | jen Aspnait o 8% 60 The trend of opinion scems pessimis- | sults of foreign sales indicated no| en Cigar.- 6 o6% 681 tic. as producers in Straits seem to be | marked changes in_prospect. Manu- | en Biectric w2k 6% making no move to curtail production. | facturers in some instances declare n Motors _ o4 10% - - that while scarcity of some finer Mot 6% deb. 69% 6% Sait. grades may continue, there will be ‘o0 00" 4 8 8% LA FAYETTE, La, March 9 (Spe-{ample of the medium grades for all | :004¥iCh: 5" """ sl 8 cial).—The ~Benners Salt Company | requirements. The New York old Gwning the salt mines at Ansela | clip pools have now been practically | Gray & Davis. ... 1% 7% Butte. has been reorganized as the La | cleaned up and the 1922 pool is ex- | Great Northern p o Fayette Salt Company and expects to | Pected to cover a far greater pound- | ureat Nor Ore.... 4 spend a large sum in developing the | age than that of 1921, which totaled | juantanamo Sug. us 1% s properties. 60,000 pounds. Bathing' suit manu- | Gulf Mo & N pf. B2 e 2 L anxs facturers and makers of sweaters are | Lulf Stutes Steel a% o3 ing i 1 % % ¢ 9 rooms and bath; 6 bedrooms, Shoes. Didne inemallid rand nin (g bar g:r::‘-::z‘fi;hla e parlol;(. dining " room, bmce)mo‘n BOSTON, March 9 \};%vecian.—ou:- Hu’.‘ld,, Mfg 2oz hall, kitchen. cement basement; put of New England shoe factories s % = S ; - Homestake. % 6% 60% garage. gradually being Increased in anticipa- | DHY GOODS QUIET. o s et yunp Motors. . ... LT Hydraulic Steel 5 5 Liins Central 100% 100% indian Refining. % % nspiration. 8% w9k interboro Metro. . a4 interboro Met pf. 6% &% intl Agri Chem pf. 0% 41 Intl Cement . 0% 30% hr Lot 50x145 tion of Eute{ del;mm‘!’. P;icles are dsd bl firm and number of orders being re-| ____°_ ge y teived for immediate delivery indicate| NEW YORK, March 8 (Special). — H.w.h.; electric lights; frame | retailers stocks are very low. Trading in the dry gvods market to- building; hardwood floors down- day was confined In general to small stairs. i Steel. One of the Nicest . Houses in the City. . and scattered orders. Inactivity still SSnnle 2 was mnoticeable in the wider print PITTSBURGH, March 9 (Specfal).—|cloths. Buyers profess to believe that 1 |1t is estimated that steel production is | S5 ineh Hix60s are trending ,o“,r} now about 50 per cent above last shortly be had at 712 | year's average and twice what 1t was | 203, 8¥ ShorlY be RaC AL T conts. rer. > C.B, & Q. has placed orders with the | 1000 poeipte, 23,000 head: lighter | Mariin Rockwell.. 74 | Limd Locomotive Works “for eight e aetiver 100 15 higher; ofaers ks at end of 1921. Two large independent in v intl Harves! oY% 92 & figure. Mills, however, are loath | Ln companies lisve :&‘;‘Eh;r:‘;“““!";‘;;?"" to accept even the higher’figure for | Intl Harvester pt. 108 108% 109 g O O e rices were around 315 & |&nything but spot delivery. 'Narrow | intl Mer Marine b 16% | 2 5 2] constructions were somewhat quieter. { inu Mer Marine bl 0% 0% o % e Sheetings were fairly firm, as there | [ntl Motor Truck. e i ‘ Cfll(;:bo, ;lafch h:‘,e (‘;Snecm(lfii.—d 1s some demand in evidence from the | [nt] Truck 1stpf. 2 o i [:ruhg;rv :P:ealn])llrl'l‘;l}ol'ces Si?\i’e‘ ?a“; Levant for 3-yard goods. Shirt mak- | jn¢l Truck 2d pf. b3% B8Y% v - lers took some fine goods, but pajama | \nt) Nickel 2% 1:5 ary 1, and more are being hired at the | checks, drills and sateens were list- /3 3 : H Tate of 200 to 300 a week. Car orders |jess. Intl Nicke! D ] | H are numerous. Raw silk was quiet and about un- | it DaBER: oy 6 ey K changed. reflecting the condition of | Intl Paper (o e 1 H Fraie. the oriental primary centers. ' De. | tBVIRCible OU e 2 I HAMMOND, La., March 9 (Special). mand for broad silks was slightly “Ol‘l':l’g““ pees) 1% s 3 —The first crop of strawberries in |better, and knit goods showed some| lsland 00 el 3 this section was killed by frost just activity. lJBW‘Q T 3 P H ¥ “Jjze s mesabuutitobo moved: o mar: ie“eu‘,r::' 5 e H ket. Shipments from the second crop one: % T H v {will start in about fifteen days. AID IN SHOE SELLING. Kansas iy S0u- - o % 5 . | NEW YORK, March 9.—The method | Kansas®©oon b " i Take the Bus Line i on. used by @ local shoe dealer to dem- | Kamsas & Guls OO e NEW ORLEANS, March 9 (Special), | onstrate thé quality of xlm:_s that he | K¢ ll)’-h‘l:‘"‘“l ® t5 Or Any 9th St. Car || Jkccent "scauisitions "ot terminas | 1% ¥elinE, SUFC™ 0 Cufn ¢ | Kennacots e aw F St i and property here by the Standardefeaief 8% VIS S, NI28 not only its | seystone Tire- 6 16% i Marked Soldiers’ Home ||oil Company and’ H L. Dausherty |18 305 Tt the manner of making - W e § Interesto_ure expected to result in|ji” He contends that merely to tell a e Rawanna Steel b e s making New Orleans one of the larg- 2 2 & 56 Rooms and Tiled Bath |jzna in amording & iarger ‘fcla for | Sihstructed properly doss not alwaye W N s o § 2 oifipraducedhin ity section. convince him. ~The method has been S - . d to be a great, aid and ] Hot-water Heat Cottons T tally saves much argument. i i 2 BOSTON. March :9 (Special)—The Satiade nivell * Full Size Porches protracted - shatdown of .New Eng- S e Locom! 1% 1013 g4 {land cotton mills s at last having | CHICAGO LIVE S MARKET. 04 100 Deep Lots an’ effort on cotton goods marker | CHICAGO, Marcd 9 (United States | Lima t000 A% % 4 P Ginghams have S$hown good demand. | bureau of mukm.s).—flCaltle—mcdm iy n% 1u% § { The shutdown of the big Amoskeag |14,000 'head: slow, strictly good and| ' "igies 1st. 9 ak o v .40, = H For Terms, Etc ot 18 i et Tocks) | ITes e five head yearlings, 9.80; bulk nn:-:;n;;“" 3 ; i - f stockers, 7.60a8. e stock, bulls, | Marke . | hin e b k:u and feeders steady ; veal calves | Market 8t RY Pf.- 86% ' e e T kTS o anippers, packers bidding | market St R 2nd. 1t 1t CHICAGO, Marcl (Special).—The Marland OIL, 2% 6 2 Lyars: i Yoy, gowmcinne leamaities 110w 10,00 neher U veietads | Methton Atk als -l Ve Je Ilnlgall | acnaolidation” locomotives from the |ayerage: big packers holding back: tob. | 3oy iwen (B). 1% ' e iborn 11,30; bulk, 10.95a11.35; pl ry slow. | Maxwell () cu.. 112 sal Sheep—Feceipts17,000 head ;fat saeep | May DepL Storos- - 1, H 1321 N Y Ave — ana shearing, lambs steady :bldding 25a- | Melntyre Foreu. .- B Sinyy ] S. 8 Kresge's February sales were |50 lower on'fat lambs; 1o wooled fat Mexican Pe! = : . . 180, against $3,467,652 in Febru- | lambs sold early; choice fall shorn, 12.50; | Mexican Pete pf. Main 1267 20. ‘I the first two months of | all shorn Texas yearings 12.00: yoar: s : ssles were $7,360,897, and twos, 11.50; £ ON, D. C. NEW YORK STOCK EXCHANGE | Received by Private Wire Direct to The Star Office. | Texas & Pacif, THURSDAY, MARCH 9, 1922. Open. High. Low. Close. MidvaloSteel..... 30% 0% 80% 80% Mo Pacific. A% 2h Mo Pacific pf 52::: 54 6% gngt Power pt 06 105 105 o tEomety s ow 'iw|Certificate and Note Issues Mullins Bodv 27 A T [ 8 ls:: s 8% 3 W% W% W% tary Mellon. @ B @3 ry 0 28% - 2% 17 17% NYNH& Harttd, z::l::fiw::zm 99 100% tificate fssue is of $250,000,000 on the .. 67% | usual North Ameriean 1 S Tk nuurl‘ dzelrmn, dated March 15, and orthern Pucific, 1oy G s s |P12ned Lo provide for the Treasury's unnally Coc. 1oy 808 9% | C3<h requirements above the $460,000,- bt 5% | 000 due from income tax and profits 1% 1% | tax collections in addition to ordinary DWens Horp 4 e 2% U 2 4% | revenues. Owens Bottle pr. e = Pac Gas & g1 P -12‘: l;‘:: The Treasury notes, Pacific 011, Pan-Am Pete (13 Parish & Bingham 1% 1% 15% 1% |accepted at the SRR 3 » Federal Reserve Penn Seabd Stpe) . '::: : 1 7% | benks at par, with adjastment of ac- Peapienias = . 76% | CTUed interest. Ppyment for the Peoria & Fastom ;/i ' notes, Secretary Mellon sald, could iy .1 not be made in cash or by credit, nor Pere Mrq prior pt, * bere bt o cent victory notes. TREASURY OFFERING| s & 5 Announced by Secre- 81 78Y% 80%| An offering of two néw securities, 8% | one-year 41 per cent Treasury certif- lcates and four-year 4% per cent NYO&Went.,... o 2234 | Treasury notes, ‘was announced last orfolk Southérn. i 16 |Right by Secretary Mellon. The cer- s also dated 4 66k March 15, are offered only | - 6 - Febos red only in ex-|( Pan-Amer Pete. .. 6% 6% j Change for the 43 per cent victory' Blts 1. bl notes, it was explained, which will be 2 b 2% by Treasury certificates or 3% per hila Company 4 Dupont Directors’ Meeting. Phillips Pete The board of directors of the Du- Pierce-Arroy. ' 6, {Pont National Bank will meet this aft- Plorce-Arrom i ; j €rnoon, when it is expected that Bzra Pierce 011 Pierce Ofl pr., s Mechanics Savings Bank, will. Pltts & Wva. Si £ paid, wh Fond Creek Coai tution was uq Stedl tas. chants’ Bank and st C Prossed S0 Car pf. 3 Bresiaen mpany. Gould, president of the Washington be elected president, to succeed W, W. ned when the inst ired by the new Mer- Peter A. Drury, president of the lat- roducers & fer. | st st | LeT corporation, will be placed on the Piblic Sery ofINJ 2 Pullman Co. o Punta Alegre. Pure 011 Railway Steel Spr. gove oy Y 4 | Baltimore and is predicted. W., B. & A. Declares Dividen: The directors of the Washington, Annapolis | board of directors of the Dupont, it Electric Kay & Tone Y on Copper. Rallway Company have declared the Reading. regular quarterly dividend of 113 per Reading 1st ¢ > c bt cent on the preferred s Reuding 2q pr, per cent on the commontgf‘lfékfltul. Remington Typr. | Pavable April 1 to stockholders of Remington lat pf. . record March 18. €plogle Steel Rep Tron & 517 ¥ dend basis, the financial es Robert. &oyal Dutch Z 2 several years, has come StL& San Fran. . u1. cent busis, StL & San Fr pt 3 o Stockholders of the company Sl’aulus(.umpw,., Vgre | hold their arnual meeting at St Louis Sown pf . Saita Cecllin.Sug. ' G Savage Arms 5 for 1921. Saxon Motors. Seaboard A L p ars Roebuck. ... Sears Roebuck pf. month, at which Director. Resign: Shell Trad & Tran and Mort, C Sinclair Oil b oD Sloss-Sheffeld. . . . Southern Pacific. . Staud oot o 5% % | ventory adjustments of Stand Oil N J pt. .. A !$5.580.264, or $5.1 a sh Stewart-Wor s | s & .883.731 outstanding preferrcd stock Stromberg Carb in 1920, Studebaker. 9 “ Fink Company Report. Submarine Boat b 5 | The annual report of the Fisk Rub- Superior Oil,. ... % ber Company showed net profits of Tenn Copper. .. i $3,336,467, after depreciation, Texas Company... balance ‘of $2011319, after , & |charges. The surplus’afier preferred Texas Gulf Sulphu dividends, but before inventory Union Vil. . Union Pacific - 13:% 18:% ‘Union Tank Car pt 104 101 United Alloy Steel ‘20 2% 23 owe] Washington Stock Exchange | = Ofr ST00K | | United Drug. United Drug 1st 4 Sht United Fruit,.. i 0% ! Capital Traction—10 a United Ry Inv pf. . 8 |9 At ust. United Ketail Strs 5 % | Continental Trusi—10 at C 8 Cast Ir Pipe USCast1rP pf. o1 LL. way and E: Wabash pf (A). Western Md 2d. -a and Potonue gua Western Facific. .. 1ot | ¢ Teiephone 5 Western Pacpf. .. 85 1 ¢ P e Western Union. .. ot $% | Cob ahd. Buiombus Westhse £ & M. . ¢ bot ! Georgetown Gas 1si 5a. Wheeling & L E.. 7% 7y | Metropolitan 1t R, Wheeling & L pf P s o White Motor. 3 i) e oo 8- White Oll e | cc. Power g Wickwire Sp r E j Pot. Elec. Pow. g. m. & ref. Wilson Company. % TS o b Willys-Overland.. ¢ % 5 Willys-OVId pf.... 2 25% 29% Woolworth....... 149 10 149 Worthington Pmp % 48 45% Worthington (B). 67 6 6 High, Low. Last. hington Market 5w, 197 Call Money..... 4% 4 ¢ shington Market 5s, 1947. M. Cold Storage 5. Capital Tra hington Gas ——— Norfolk_and Wash. Steamboat. Wash. Rwy. and Eiec. com. | Wash. Kwy. and Elee. pfa. NATIONAL BA! | amertean . Capital ISVERY RREGULAR = NEW YORK, March 9.—United States | Xational war flotations continped to_feature | Kiggs the bond market, today. Victory WSI Aty made a new high record at 100.78, the liberty series displaying firmness. American ey The general list was very {rregular, | National Savings and Trust European bonds again reacting to the | Waoti ston Loan and “Trust. district ) ) : Although the board has never placed T #ithe common stock on a regular divi- by reason of the quarterly payments of 1 per cent, which have been made for to regard St Joseph Lead. 4 the common stock as being on a & per Harry L. Black, proprietor of H. L. EX:‘CR & So;l, lf‘mry. has resigned as S ember of the executive c frt, Seneca Copper-. ... 13/ 3 and’ director of the Banking Trust = . Columbia Graphophone. (aThe Columbia Graphophone Manu- W uring Company, in its annual re- Southern Railway o i Port for 1921, Just made public. thows Southern Ry pf. 2 |a net deficit, after all shares and in- $135.710.300. Stand Oflof N J... 8 5 I3 mpares with a net income of are on - justment,” amounted to $1.494.484. In- Texas & PC& Oil. entors” aaiusiomnte * aat o hird Avenue. .... A charges amounted to $10,251,850, all of Tobacco Prod. . ... 6 Y | which were charged to the profit and TransContlOil... 9% 9t W |loss account, with the result that at Union Bag & Papr the close of the year the profit and i loss surplus aggregated $1.873,417. 10 at 95. tectric pfd.—2 L HOURLY SALES OF STOCKS. - STOCKS. 1 Lo . 826 40 PUBLIC_UTILITY. ¥ P.... 654 50 | American Tel. and Telga TRUST COMPANY. deaviness of foreign exchanges VINGS BANK. United Kingdoms of 1922 and 1925 eased fractionally, while ~Chinese railway 6s, Belgian 6s and French | Merchan municipals were substantially lower. !etnrlllhy Saving Cuban republic 5s of 1944 and 1949 ( Seventh L were strong, however, with Mexican | GM% Savings ecl 4s and 5s. ! Washington "Among rails New York, Ontario and FIRE INSURANCE. Western 43 made a 3-point gain and ; American New Haven 4s of 1956, Peoria and | Arlington Eastern incomes, Philippine Railway | Corcoran 4s, Chesapeake and Ohio convertible | Kiremens oo 4%s and Midvale Steel 58 rose 1 to|{™" TIT) 1% wolote Columbta_Title Nomtnal declines were made by New | feu"Eatate - York Railway 4s, Consolidated Gas 7s, Bethlehem Steel 63 and Montana Power 55. The market was very sctive, D C B regular but strong, influenced by | Mercl the drop In the rate on standing call | Mergenthaler, LRGiDs - loans fromi 41 to 43 per cent. The|Sld JUICL Market ptd. victory 4%s touched a new high | Lanston Monotype when it became known that the Secre- | Security Btoray tary of the Treasury was to receive | Washingte rket the present notes in exchange for a new issue bearing the same rate, but running four years. PARIS BANK STATEMENT. The rest of the United States war loan group -did little, but Mexican government 4s and 5s rose over nr PARIS, March 9.—Ti statement of the Bank point on fresh hopes that the nego- tiations which _are proceeding by telegraph with Mexico City will end francs. Silver in hand increased he chows and a interest other ! 10 at 9 Naval | Western Union 6135 193 : Libby : Academy Junction the latter part Oll\vn»nn & Co. 1st 6s 1941. PR National Leather ... I n 2 President George Bishop will submit his report the ad- . 10 ;o?{l ‘| arsts; dozen, 23; southern, 22; duck :|a range of 10 to 12 points. There was weekly of France hows the following changes: Sh&ola in hand increased 147,000 .Chicazo Union Station 6158 1903. ... 113 | Lone Star G FINANCIAL. BOND AND CURB MARKETS. i : Bonds. ' Carb. (Quoratione furnished by Red (Quotat & Co) Quorationg furalshed by, Rodo j (Quotations furaisiied by W. B, Hibba & C0) U. 8. Liberty 334u. v6.16) BTOCK! U. B/ Liber.y 1at ds. UL 8. Liberty 2d 4s. U 8 Libarty tat 4353 Ul 87 Liberty 24 414 ) Artna E; 3 30! Aviny Explosives 31, Arkansas N 34! Atlantic Lot 31 Big Ledge . 08 . City of Rio e Janeiro 8 1946... French Government 8s 1945. French Government 74w 194! Government of Bwitzeriand 8+ 1940. Kingdom of Helgium 71 1945. RS UL NS ice ped. . Kepublic of Chile s 1946, 108 ) '_""Im‘un‘ullxh' Finance United Kingdom 515s 1922, 1043 '_"":'lh ldated Copper . United Kingdom 513s 1929. e ‘_llll inental Motors., United Kingdom 5i3s 1937. o | Cremsen. Gold Amer. Agrl. Chem. Ths 1015 ['";':;Ilfl.{m. Atehison, Topeka and 8. F. K7% | Elk Hasin Atluntic Count Line 7s 1950, Atlatic Refiuing 61ye 198 Atlay Powder Tie 1838000 altimore and Ohio conv. 4%;% 1933 e Raltimore and Ohlo € 1 |l"llnllnfl Oil. Baltmor: and Ohlo 8. 3. Icm-m Safety ] Bethlehem Steel Gillilaud Gl 2. 315 | Intercontinentul 5 541 | Tuternational Petroleum ( Jerome Verde . Kay County Gas Kirby Pete.. .l 5 i Lake Torpedo - SaEo 787, | Lincoln Motors Caba Cane Sugar cvi. 7a 1930, Magma_Copper. Maracaibo ' Oil. Mason Valley Merrit Ol Midwest Of 3 515 | Midwest Of pf Grand Trunk © { Midwest Refining. Great Northern { Muuntain Produce Tllinols Ceniral 5i3s 193 > Nevada Ophir. International Merc. Mar. 6 1041.. . 4 Tnt. Rapid Transit 1st and ref. 5s 1066 315 ringheld 8c sy Louisville and Nanivi i 111307 " | Northwestern 11 Missonrl, Kansis and Texus Iat 4% 1900, Omar 01l (ne ol Svan Peanok Of Perfection Tire . Producers and Refier atern con Radio pfd. orfolk_and Western cons. | Ry Hercn orthern Pacific 4s 1990, LM% | RJ. Resnold ckard Motor Car Rx 1931 idated ] Pennsyivania R. R o8 © S5, Salt Creek Producing . Penne: R. K. i DT Salt Crees (mew)..o.. apulpa com. Pennsylvanta R. R, gen mtge. 418 wms Petrol Reading general 45 1997 Lelly 0! 8¢ Louis and S F. 4s. z St. Lonis and 8. F. hoard Alr Lin d Air L'ne rfdg. da Air Line adj 1 Pacific 1et ref. g ; Southern Pacific conv. oaeens 3 at pfd Sonthern Kellway general ds 1936.... ‘nited Profit Sharing Southern ¥ e 1004 B . Ship Corporation. . Southern Railway 6lex 16 z Tnioa Pacific 1st 4s 2R, Doy TUnited Drug 7. 8. Realts and I Rubber . Rubber 5 . S Steel 8. F. - 2| Armour 1fd. CaroTina” Chem 5 3 | Cudaby Pu Swift & Co. SHORT-TERM SECURITIES. | Usion Carbide Wi Atuminum Co. of Amer. 7s 1925. 10113 Amer. Tel. & Tel, 6s 1922, 100 7-16 H American Tel. . 4. 1003 % | Anglo-American 0l Co. (pew).. 200 | Burue Sersmeer Co......o...... 1004 | Buckere Pipe Line { Dw i1y 1033 OIL STOCKS. Chieseborough Manufacturing Co. ntinental Ofl Co. Crescent Py le_Pipe lur Refning uthern Pipe L Penn. Of Term. Gs 1923 Kennecott Copper 7x 1630, Prb;lzik fil‘l:bl:i 1"3‘“:5' o 73 Resnolds 6 o Sears, Roebuck & Co n | Suandard 31l Co: Obi Sinelair Consal. Oil Thys 1925. e Fino o Southwestern _Bell 75 1925 B anx Line G swi & o i 21 Vacuum 01l Co. Bwirn & o8 ¢ | Washitngton 0l 'C Texas Co. - : {.h‘flfl ‘1":‘"& . i i3 ner Co. 76 g Westera " Elecuric’ 2 192510 : | OREGON APPLES SELL WELL. B e i e | PORTLAND, Ore., March 8.—Apple TREASCRY CERTIFICATES, shipments from the Wenatchee di ——Nvop. ——— | S : Tia " Offer. | trict increased from 616 cars in 18 L 0 14,905 in 1921. The average yield 5355 June 15, 192 lws’ lwip iper acre increased from 201 boxes 5 A st 1, 19: 100 8- -16 | -, o0 aereanner 1 10332 i3 in 1012 to 348 in 1921 The totl Bles September 1. .20 100% 1008 | orchard value of the 1921 crop is esti- 4138 December. 100 11-32 100 1532 | mated at $17.851,474, of which 14 - 102% 411 cars brought an ayerage of $1.50 * ember 15, 1 DA 1021 e M T, dee 1008, 100% & boOx. Grain, Produce and Live Stock LOCAL WHOLESALE PRICES. 1 GRAIN AND PROVISIONS. ‘Eggs—Strictly fresh, selected. per BALTIMORE, March Potatoes- 23; av ceipts, 23; south- | White, 100 pounds, 1.65a2.15: No. e REE TecHipts | 75a1.00: 150 pounds, 3.00a. No. I, a2.00; sweets and vams.' barrel. X 1.75 bushel. 1.40 35228 ; hamper, 4 J0a32. - Dressed poultry—Fresh-ki spring | 0al. chickens per Ib., 35a40; hens, per lb. ' 6: caulifiower. crate Toosters, per Ib., 20; turkeys, per | rv, dozen. 75al.25; 45 K young, each, €0. | eucumbers, = small, b, 13a- | plants, crate, 2. el e bushel, 4.00a4.50; kale, barrel, L | 1.40. 5 all: s, choice, per b, 12a18;| Lettuce—Basket, .50 onions, |ive"h‘o‘gs.la|;:|': lb?hll%. 3 100 pounds, 6.00af. .2, 3.0024.00; Green fruit—Apples, per bbl. oyvster plants, bunch, §ad: parsnips, 11.30: per bu. basket, 2.50a3.35 west- | bushel. 35a45; peas, hamper, 5004 ern, per box, 5a4.5 California | 6.50; peppers. crate. lemons, per box, 6.00a6.50. California|ach, barrel, 3.00a4.50; oranges, per crate, 5.00a6.50. Grapefruit, | 4.50a5.50; tomatoes, $.0024.50. Florida_oranges, 6.00a7.50. turnips, basket, 30a3s. Tangerines, 4.00a5.50. _Apples—Packed, barre Vegetables—Potatoes, No. 1. per bbl, | No. 2. 5.00a6.30: bushel, 151 per sack, 3.50n3.90. Sweets, apples. 2.25a4.00; cranberrie . Lettuce, southern, per crate. | 25.00a10.00: grape{ruit. hox. . Romaine lettuce, 1.25a2.00. | oranges, box, 5.00a6.00; tangerines. Cymblings, per crate, 3.00a4.00. Spinich, | strap, 7.00a10.00; strawberries, quart, per bbl. 2.00a5.50. Onions, per Nfl»lb.rlla . sack, 8.0029.00. Cabbage, new per, Selling Prices at Noos cwt., 2.00a3.00. Cucumbers, 3.00a6.00. | oy i U Eggplants. per_crate, 4.00a5.00. Toma- | at—) z er. . toss, per box, Florida, 2.50a4.00. Beans, | quotation: No. 2 red winter, spot, 4.0025.00 per backet. Sprouts, 23a3; per| It} No. 2 red winter, garlicky. ¥ . Kale, : S5 ooTra Bor At 00 2 orn—Cob corn, old, yellow, quoted < | 3.60a3 65 per barrel; contract corn, DAIRY MARKETS. spot. 68; No. 4 corn."xpm,\fisl% per BALTIMORE, March 9 (Special).—' bushel; track corn, vellow, No. 3, do- Live poultry—Turkeys, pound, 35a45; mestic or better, 74a75 per bushel. old. toms. 33; poor and crooked| Oats—White. No. 2. 4714y per breasts, 30; young chickens, 33a38:|bushel; No. 3. 4612a47 per bushel. )rough and staggy. 23a24; old hens, 30| Rye—Nearby, 1.05 per bushel: 231; small and white leghorns, 28430: | No. 2 western export, 5pot, 1.14 nomi- old’ roosters, 17a18; ducks, 2 ; No. 3, no guotation. ' geese, 25a30; poor and thin, 20a2 Hay—Receipts, 23 tons: range is Bigeons. pair, 35a40; guinea fowl,|17.00a21.00 for good to choice timothy Rach. 40a70: dressed poultry, turkeys,|and mixed hay: market easier. pound, 36a45; old toms, 35a36; poorly | Straw—No. i rye, nominal, 15.90: Bt and thin, 30; young chickens,|No. 1 wheat, tangied. 11.00; No. 1 3fa3s; oid_ and mixed, 30a3Z; oldjoal, nominal, 10 00al1.50. Toosters, 17a18: capons, 38a44: slips,| CHICAGO, ~ March Althongh 22a33; ducks, 32a36; geese. 25a30. wheat opened higher in price today. Eggs—Loss off, native and nearby, jincreased selling soon led to declinex. The initial gains were due to bullish constructions placed on the govern- ment report of farm reserves of grain and to higher quotations at Liver- pool. Sellers based their action large- 1y, however, on reports of snow in the process butter, 2 southwest 'and _denials that high e 0 goose eggs, 80a30. B tor_Sreamery, fancy. pound, 38 a39; prints, 39a41; nearby creamery, Siads, ladles, 24a26; rolls, 20a23; Store-packed, 18; dairy prints, 20a23; ng and prices fluctuated within |harm. The opening. which varied R inee ¢ Trom % to 1% Migher, with May 1.42% to 1.43 and July 1.21 to 1.211, was followed by declines to well be- low yesterday’s finish and then some- thing of a rally. - X Corn and oats paralleled the action of wheat. After opening % to 1ka 13 higher, May 64%2 to 65, the corn market underwent a material set- back. Subsequently, as a result of closing out of spreads between May and July deliveries, the price of May Wheat dropped as low at one time as 1.35%, & fall of 6 to 6% overnight, and 14 cents a bushel lower than re- cent top figures for that month. Other deliveries showed less weak- ness, but fluctuated rapidly, with trading on a large scale. The close was unsettled, 2 to 6% met lower, with May 1.36 to 1.36% and July 1.17% to 1175 Scattered buying on the outlook for further rains in eastern belt sections, but the news concerhing early new crop prospects in the southwest was 3 little more favorable. Farmers in South Texas were said to be replant- ing young cotton damaged by the re- cent freeze and some advice said the outlook was for a substantial in- crease of acreage in that state. May contracts here eased off to 18.03 and October to 16.74, or about 11 to 17 points net lower. and held within 2 or 3 points of thatTevel around midday. NEW YORK, Marchp 9—Butter firm: receipts, 8,805 tubs. Creamery, higher than extras, 38%a391; cream- ery, extras (92 score), 38a381: creamery, firsts (88 to 91 score), 34%a 373k, Yigs steady: receipts, 38.177 cases. Fresh gathered, firsts, 23i5a24. 207,000 sucessfully at any moment. - \ 5 trancs. /e ! Notes in circulation decreased 32, FOREIGN EXCHANGE. 348,000 francs. . Selling checks—dollar values at close totay: | - Treasury deyoaiis Incransed I ARL i 0 francs. (Quotations furnished by W. B. Hibbs & Co.) 0"6“ eral deposits decreased 344,638, 000 francs. 00 francs. ¢ Advances increased Bilis discounfed decreased 287,435, 122,925,000 | which is ascribed to unwillingness of i Joy S - TR Cheese firm; receipts, 1,157 boxes, state, whole milk, flat, fresh. specials, 21; do.. average rum, 20a 203 state, whole milk, fresh, t 5, Specials, 20%4a2l; do.. average run, 20. Liquidating sales on the part of holders caused a sharp downturn in corn values later. Shipping demand was slow. The market finished heav. 213a28 to 3% net lower, with May 60% to 61. Trading remained quiet later if the “undl vesterday had done any serious iR, pi h o ERAT ot A dealer motion picture theater y . P E apiien rebores falc business. A |Ju Lin neéw projector is mnot selling well, | CORN oi% r owaers to invest