Evening Star Newspaper, May 11, 1922, Page 28

® FINA NCIAL. " - FRMERATCLOSE | ™ 3 2 Aftams Express. ... 6i. 66 i Afax Rubber. ..... 16% 16% 16% 3 Alaska Gold. % h % » 3 Alaska Juno...... 1% 1% 1% R Allled Chemlcal. ... 68% 68% 68 Allis Caalmern. ... 48 :,a :;: miidati Am Agr Chemical.. 9% Liquidation Runs Course Be- | Am A%r Ghempt. . or e 60 f Closing H N AmBosch......... 4t W% & | Lew 4 @ ore Closing Rour: ew o0 b 1004 e ol L1600 160 Buying in Specialties. Am Chicle Co. ... T2 124 124 ‘Am Cot 15 2% 26 BY STUART P. WEST. A N Ol e The © NEW YORK. May 11.—The stock | Am Express 136% 16% market went lower again today under | AmHide & Lthrpt. 6 €94 ¢ ; AmTce. . 10% 101 the same sort of rm‘idulons that at- [ 0108 80 fended the decline on®preceding days. | Am International o Business reports are as good as|AmLa France. 2% can reasonably be expected. save, of | Am Linseed. .. :“ course, for the labor troubles in the [ Am locomotive e al industry. It is not disappoint-|Am Locopf. ” ¢oal industry s not disappol Am Radiator. o ment over the trade situation that|Am Safety Ra: % ean properly be alleged as a reason | Am Ship & Com. . 16% “or the decline. The trade recovery | Am Smelting. ... :fl 18 making, on the whole, as satisfac- [ AT Smelting pf PrORtoss as conservative people A Dotz B have expected. A B F In the bond market steadiness of | AT JUERT- - 102 Both home and foreign government | pm SUFAr D 3% loans was combined with irregular | Am Sumatra... 1ot price changes elsewhore. Railway [Am Tel & Teleg. i mortgages of the second and third | Am Tobacco. . n grades and many of the debenture {Am Tobacco (B). % and convertible bonds softened in | Am Tobacco pf (n).101% 101% 101 sympathy with the weakness in their | Am W Wks 6% pf.. st 31 31 companion stocks. Am Writing Pr pf. 3 = Investment Section Not Wenk. Am Woolen. ....... %% 0% 8% It could mot be said that the in-|AmZinc&Lead.... 17% 18% I8 vestment section was weak, Rather |AmZinc&Ldpf... 4% &% 4% the feature was the continuance of | Anaconda.. . B1% B2% B1% the check.upon the buying movement | Asso Dry Goods.... 54 & L3 which has been apparent now for | Aseocfated Ol 120% 1214 120% nearly a month, and which has shown | Atchison. 9% 9% 9 itself less in the moderate decline | Atchison pf. ey 9% S1K that has occurred from top Drices | atlanta Bir & W 3% 3% than in the falling off in activity Atlantic Coast Line 109 100 100 Foreign exchanges, were stronger [ Atamie 2l oo™ Wi “a e again, with sterling well up to its|AH& e 2% high record for 191 ‘Atlantic Gulf. 6% 8% fhe “advance Was mot of enough | AustinNichols..... 25 28 7 consequence to be taken as much | Austin Nicaolspf.. 84% % HH of a guide to financial judgment re- garding the Genoa outlook, but Baldwin Loco. ...... 4% 118% 118% far as It went it indicated a some- | Balto & Ohlo. . 8% 4B what more hopeful feeling regarding | Barnesdall (A) oK 6% W the Russian reply notes. -The state- | Barnesdall (B).... 3% 3% 2 ment attributed to the British prem- | Beth Steel (B)..... Ti% 1 6% jer that he proposed to keep the con- | Beth Steel 8% pf. .. 12 112% 11% ference alive even if France with-|pylvrgapid Tro... 2% 264 2% drew, counted in calculations. ékly_n RapTretfs.. 2% 2% 3% Genoa Conference. Bklyn Union Gas. ..101% 101% 100% It obviously meant that should the | Burns Bros (A)....153% 1584 132 Russian note be unacceptable at first, | Burns Bros(B).... 3% 3% 39 it would not cause a breakup, so long | Butte Copper. 6% 6% 6% as ICIeft the door open for’ further | Butte & Superio % B% scussion. ve 6% 2% TheAwril trade returns for Great|BUtterick-c Britain reported today, are not as!cagdoOil... 2% 2% favorable as those of Drevious | Galifornia Pekni | T% months, _As compared with the low | CautoRLa b i) % | 5% of £69,370,000 jn February. importsiCANOTIA Loilor " og 96k 96% Jast month rose £80,061.000. Mean- | California Petept.- o0 oot 18 While exports of £35.307.000 were £3,- | Canadian Pacific. ... T iy ©00.000 loss than those of February | Carson Hill Gold. .. u% el and were the smallest of any month | Case Plow Works.. 4% 4% since last September. Central Leather %% 36 —e Central Leath pf. ".0% :* Cerro de Pasco. TLLINOIS CENTRAL GAINS. | Certain-Teed. s & NEW YORK. May 11.—Tllinois Cen- | Chandler Motor. B o tral earned approximately $2.22 a|Ches&Oblo. 7 share on its common stock in first | Chi& Alton. 5 quarter of 1 after allowing 6| Chi& Altonpf.. 184 per cent dividends on new issue of |Chl&Eastnlll.... w8 $10.929,600 of preferred stock. This | ChiGreat Westrn. 8 8 is taken to indicate tHere will be|ChiGreat Wpf.. 204 20 little gdifficulty in caring for addi-|ChiMil&StP..... B 2% tional ‘financing incidental to electri- | Chi Mil & St P pf... ou 0% fication and extension of Its Chicago | Gy & Northwn. .-« % T terminal and other contemplated Im- | Gpy R T & Pacific. o e% pmen ChiR1&P 6% Df. T ChiStPM&GC. % 6 Chile Copper. 9% 18% A Chino Copper. % k e N | Coca-Cola. 1% B6% \ = Colo Fuel......- % % \ \ ) AN | Colo & Southern..... @ 8 N A\"NG) ANK Columbia Gas % 8% NN S S AN | Columbia Graph. “% % N o Comp Tabulator. &% 6% \ 3%0 SA Cons Gasof N Y. ugn nek Cons Intl Cal Min N JAVINGS\§ Cons Textile. . 3% 12% \ ‘s 62 ’ON " 1W00% 9% 1USH 6% % a% @ % au 2% Cuba Cane Sugar B% 15 Cuba Cane 8u pt. n% 8% 5% 5% 21 2% nroAs% Detroit Edison. 106% 108% Dome Mines. nw n Elec Stor Battery.. 169 170 167 Elk Horn Coal. ... 19% 19% 19 Endicott-Joanso! 52 0% Endicott-John pf. w o 13 12% =z 0% Erie 2d pt. W M% ol |Flnwusl’llytrl. 04 9% \ QN | Fisher Body 1% 118 8% 1% AFETY FOR YOUR Lol oy VALUABLES Gen Am Tank Car.. 63% 63% 63% 604 6 5% \ —at a cost of less than 710 i gent a day. 162% 162 N See us about a Safe\ I oW N {Gen Motors. .. . 2% 12% Deposit Box NOW. Gon Mot 6% deb 8% 81% Citizens Savings Bank, mnulnt'maeh R Goodrich 1336 New York Ave. Granby Co 2 =% - A\ | Gray & Davi u n N | Great Northern pt.. 1% 7% % Great NorOre..... 89 39% 38% {|Guif MO&NpDf..... 38 88 36% Gulf StatedSteel. 8 W% o| Habirshaw Cable.. 2% 2% 2 Homestake. ....... 1% 7% 7% { iz : ~| Houston OIl. A NS FRO J Hypp Motors. 8% ¥ ¥ G HYdraulic Stee ™ Th TR C f 1s Central.... 104 106% 104 areiree as _ Jlunb oo e Rob' H d’ Indian Refining.... 8% 8% 8 in r1ooa s Inepiration. ....... 9% &0 3% M M lntarhnro:el.ro! . a 2;: a nterboro Met pf. .. G erry en I AEri Chem pi.. 40la 4% W% w2 HE bi Intl Cement......- 88 81 8% T - big o ut- Int Combustn Eng. . 2% 5% U% doors, with its Intl ter. ... :z :a :;: sistless Mer Marine. ... resistless allure I oy Marine pf. 81 8% 8% of woods and | intl Nickel . l;“ x:% :::: S v in- ! Intl Paper. . 4 4« salt water, in | ncible Oll. ..., 1% 1% 17 S you to “come, loaf Lron Products. 29 0% 2 and play the summer 1siand Oil. . 14 1 1% . away” at * || Jones Tea. L% e o KansasCity Sou... 2% 21 26 Sherwood Kansas&GuifCo.. 5 5 4% ? Kayseg (Jullus) ... 2% 43% 40% Forest Inyu\s(.flmua) prats 108 103 'hi Keny-Spring Tire.. 60 80 48 This summer cottage com- Kelly-Spring 8% pf. 107 107 107 munity is unlike any other 3 2% 2% 8% place you have been.” Scores 20% 2% W% of rus:c :ung:lows cluster <156 186 136 over the high wooded pro- montories jutting into. the Lackawanna Steel. 8 7 evern 1ver. Commodious dining halls Lake Erie & W. i serve abundant - meals. There's a community club house with splendid dance and entertainment hall, gol Tiks, tennla’ conces. Sidon 13% stable, boats, canoes an, ingtonians. % Rent a Sherwood Forest furnished cottage for four Mack Truck. 4% swimming pier. Playgrounds Mack Truck 1st pf. 861 864 86% with play leaders and ath- Mallinson &Co. .... 20% 20% 2% letic instructors for the Manhatn Elec Sup 6% 5% youngsters. 0% 50% 9% W., B. &,:4 eln.:-trxc express % TR T ,make the For easily 'accessible. to Wash. Market Stprior. ... 81 0% 9% months _(June - September), Market St Ry 2nd.. % G 3350 to $600. Half the sea- Mariand ODl....... 81 T4 1 son, $175 ta, $300. Martin-Parry...... 0% 0% 20 5 2 i z Maxwell (A)...... 68 68% 61 Washington Representatives Maxwell (B). -l- “l_b’u 19% May Dept Stores. .. 116 ‘e John W. Thompson & Co. || acintyre Poreu..l” 10w 1% 1% Incorporated Real Estate Brokers 821 Fifteenth W. Minn &StL (n). .. MinnBtP&SSM. MoK&ETwWl. MoK&Tpfw o Pacifie. .. Mo Pacifie pf. W YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. - ] 6% =% 1% % 48% 38% L] s 41 104% 166% 12% 2% __THE EVENING ' STAR, WASHINGTON, D. C. THURSDAY, MAY ]i, 1922. | 'BOND AND’CURB MARKETS. Montana Power. Montgomery Ward. 20% Mullina Body. ... pt. Nat] Enameling. Nat] Lead. Natl Ry of M 24 Nevada Copper. New Or Tex & M. N Y Air Brake. N Y Central. NYChi&gStL..... 6 NYNH& Harttd.. 20% NYO&West...... 2% N Y Shipbuilding. .. 19 Norfolk Southern 18% Norfolk & Westrn. . 105% North American 7% North American pf. €% Northern Pacific. 5% Nova Scotia Steel. .. 2% Ohlo Body & Blow.. 12 Oklahoma Prod.... 8 Ontario Silver . 8% Orpheum Circult... 204 Otis Elevator. 7 Otis Steel . 18% Owens Bottl *Y 9% 0% Pac Development. ... Pac Gad & Elec. . PacificOll. ... Pan-Afier Pet: Pan-Am Pete ( Pennsylvania. . Phila Company. . Phillips Pete. gnfl.'.-hmwa lerce-Arroy Plerce Oil. ket Plerce Oil pt Pitts Coal. Pitts & W Vi PondCreek Coal. Postum Cereal. Postum Cereal pf¢ Producere & Ref. Prersed Steel Car Pullman Co. Punta Alegre. .. Rep Motor Truck. R 3 Reynolds (B). 4% Royal Dutch. St Joseph Lead. St L & San Fran StL & San Frpf. St Louts Southwn St Louls Sown pf. Saxon Motors. Seaboard Alr Li Seaboard A L pt. Sears Roebuck. .. Seneca Copper. Shell Trad & Tran Sinclair Ol Southern Rallway Southern Ry pf. Spicer Mfg Co. Stand Ofl of Calif. .. Stand Ollof N J Stand OfI N J pf. Sterling Products. Stewart-Warner. Stromberg Carb Superior Oll..... Superior Steel. Sweets Coof Am. Temtor Corn (A).. Tenn Copper-.... Texas Company... 4% Texas Gulf Sulphur 2 Texas & Pacific. ... 8: Texas & PC & Oil. 1% Third Avenue..... j23 Tide Water Oil 138% Tobacco Prod..... % ToIStL&WnB... &% TolStL& Wnpf B. a% Trans Contl Ofl. ... 1314 Transue & Willms. 4 Union OM1. 2% Union Pa. 6% United Alloy Steel. 36 United Drug........ 6% United Fruit. United Ry Inv. United Ry Inv pf. 2% sgegiends segrgluanny 3 4 U S Indus Alcohol. 7% * U S Realty 6% U S Rubber. USSmelt& U 8 Steel U S Steel pf. Utah Copper. Utdh Securities. Vanadium Corp. Va-Car Chemical.. 33% Va-Car Chem pf... 7% ValronCoal &C.. 5% Vivadou.... W Webber & Heilbrn. 15% Western Md. Western Md 2d. ‘Western Pacific Western Union. Westhse Air Brke.. 96% Westhse E& M..., 62% Wheeling & LE... 115 White Eagle Refin. $5% White Motor e White Ofl.... 18% 2% %% 6% a% 0% 25 a 10 1% 18%! "% un% T 38% 38% 28 28 156 156% 50 150 High. Low. Last. Call Money..... 4% 3% 3% HOURLY SALES OF STOCKS. « 512 600 CRUDE OIL OUTPUT DROPS. NEW YORK, May 11.—Dally average gross crude ofl producilon of the United States decreased 4,250 totaling 1,407,450 barre] barcels ended May 6, compared with 1,411,700 barrels for preceding week, accord- ng to weekly summary of A Petroleum Institut ecican Oklahoma-Kansas had a-dally aver- age gross production of 455,450 bar- rels, a decrease: of 900 barrels; north Texas, an Increase of 500 barrels; North' Louisiana, a decrease of 500 barrels, and Arkansas, an increase of 100 barrels.. In Oklahoma the pro- duction_of the Osage fiation was 100,000 barrels, against 96,100 barrels, and output of the Lyong-Quinn paoi was 42,800 barrels, againdt 48,050 bar- rels. The Mexla Dool, central Texas, was reported at 91,000 barrels, against 89,200 barrels, and El Dorado, Arkan- sas, 36,050, barrels, against 35,950. In .the gulf coast fleld, West Columbia produced 32,000 barrels, against 33,800 barrels, and Orange county, 19,000 barrels, against 20,600 barrel EARNED $9,000,000 IN 1921. NEW YORK, May _11. — Int = tional Cement and subsidiary com- panies report for year ended De.- cember 31 last sales less discount, allowances, etc., at $9,172,311, against $8,461,896 in 1920, and a surpius after dividends of $735,235, against $1,444;- 433 in preceding year. The net in- come was equivalent to approximate- l{ Skl.is a share on the common stock. STEEL PAY ROLL JUMPS. YOUNGSTOWN, Ohio; May 11.—For the first time in & ‘year the monthly pay roll of this steel center has gone above the 34,400,000 mark;' Figures ade public give.the April pay roil .as $500,000 greater than the total for month- previous. The record pay roll her:’ 1‘9":( ;nore than “;W'.\\?:hm-d i on wages were ot the vre-ant‘ scales. were, » ‘uy 95% 62 10% 25 a 10 Wilson Company.. % Willys-Overland.. 8 8 Willys-Ovld pf.... 2%, 8% ‘Wisconsin Central.. 28 ' 28 - 158% 158% mp..61% 61% CONVENTION NEWS OFFICIALLY GIVEN Plans Contemplate Fine Pro- gram—Banking Hours Up to Congress. BY I. A. FLEMING. The fourth annual convention of the District Bankers' Association will be In full swing at Hot Springs this time next month. These conventions have been of great benefit in the dissemination of financial knowledge, both among senior and junior bankers—the dis- cussions have been on topics of vital importance to every bank man, official or employe, dnd, in addition, better and more cordial relations are estab- lished among bankers and their jun- ior officials, through the socjal fea- tures of the convention. This year's program promises to be of rare excellence. John B. Larner. president of the Washington Loal and_Trust Company, and executive head of the association, will review at considerable length the activities of the organization during the year of his Incumbency, including the suc- cessful search for a home for the or- ganization and its protege, the Wash- ington Chapter, A. L. B., from whence come the trained bankers of future Washington—and present as well. Victor Deyber, chairman of the convention, was fortunate In the selection of the chairman of the pro- gram committee, Howard Moran, vice president of the American Security and Trust Company, and Mr. Moran in turn drew a coterie of able mef around him. « Gov. George J. Seay of the Federal Reserve Bank of Richmond, will be one of the chief speakers; William M. Williams, formerly commissfoner of internal revenue, has been secured for an address on the “income tax,” which continues to be of vital interest to every one, more especially to bank- ers. The dolngs of the Washington Chapter, A. 1. B., should be interest- ing, and will be told by the retiring president, W. J. Waller of the Amer- icay National Bank. E. J. McQuade, himself a graduate of the chapter, will conduct the sym- posium from which much is expected. The prize winning essays of the chapter contest will be read and made the subject of discussion by Jjunior and senfor bankers. Other speakers will be secured and the convention will be one of the best from the technical standpoint of banking. There, will be three afternoons in addition to one entire day at the Hot Springs _devoted to the pleasure of the bankers and their guests. There is no need to worry over the family dinner or the entertalnment program. Will W. Spaid has that in charg Edward J. McQuade, chairman of the symposium committee, yesterday announced that papers will be read by the following: James C Dulin. jr.. American Security and Trust, on “The Safe Deposit Department of a Bank:" Keith 1. Small, Riggs, on “Registered Mail File”; Joséph D. Yerkes, Federal National, on “Safe- keeping Records and Delivery of Col- lateral,” and F. H. Cox, Commercial National, on “Handling of Collection Jtems and Check-up on Interest. May Be a Solution. H. H. McKee of the legislative com- mittee of tpe American Bankers' As- sociation and president’ of the tional Capital Bank has taken up or will take up the matter of making banking hours conform to daylight saving time from May 15 to October 15, through act of Congress. It is generally recognized that this 15 the only safe method by which barks may take advantage of earlier opening and closing hours. 1f necessary a committee of the leading bankers of the city will join him in his plea before the District commiftee of the House. The clearing house has been called in special meeting for Friday after- noon. Rallway Preferred 69 1-4. Business again moved slowly on the local stock exchange, but there were few price concessions, if any, the u dertone of the market being decidedly firm. Anacostia and_Potomac Gs brought §913; Potomac Electric_Consolidatéd s, 95% to 95%z: Gas 58, 94%, and Railway preferred. at 69 to a close at 69%. . Persomal Mention. 01d friends of Albion K. Parris, formerly head of the firm of Crane, Parris & Co., will be pleased to know at he is enjoying himself around old_London.” 1In a recent message Mr. Parris asked to be remembered to all “old friends.” Josh Evans, jr., and R. V. Fleming dre in New York today. Oversubscribed. This is the story of the recent of- ferings of $3,000,000 Chesapeake and Potomac Telephone 7s, to be sold only to actual Maryland residents. Sub- scriptions were received for about $20,000,000, and the company has been busy of late making refunds. Maryland Bankers Meet. Maryland bankers will meet in state convention at Atlantic City on Wednesday and Thursday of nmext week. Controller Crissinger will be one of the speakers. S Chapter Election. This evening the annual election of Washington- Chapter will be held and promises to be decidedly inter- esting. Banking women to the num- ber of about 456 will be present and vote en bloc and vote for Mrs. Helena D. Reed of the Commercial National for a member of the board of gov- ernors—while enough of the sterner sex wlll likely give her the necessary Votes to insure her election as the first woman governor. Messrs. MsQuade, Waller, Towson, Boyer, Eckloff, Kimball, Pimper, Car- ter, Garnett, Small and Burnside will contest for election as governors. W. A. Dexter has no opposition to his candidacy for president; James C. Dulin, jr., and H. W. Burnside are vice presidential candidates. s —_— WOOL MARKET FIRM. Volume of Business Not as Great as Recently. BOSTON M: 11 (Special).—The wool market exhibited no softening of prices, but the volume of business was not so great as it has been re- cently.: This is due largely to the ac- tivity In the west, where the compe- tition for new clips has spread to the Oregon and Montana shearing camps. Growers still are holding firm for higher prices which mills in many instances are fiot disposed to grant. The forelgn markets in London, Au: tralasia_and South America all are firm and local dealers are operating extensively in each. —_— FOREIGN EXCHANGE. (Quotations furnished’by W. B, Hibbs & Co.) Belling cbecks—dollar values at noon today: By the Associated G NEW YORK, May 11.—Forelgn ex- change irregular. Great Britain, de- cables, 4.44% ; present- ks, 4.4 France, de- bles, 5.31. l%“’ 5 0 .31, lum, A 8.34 cables, 8.34%.> Germany, demand, 34% ; cables, 345, Holland, de- mand, 38.50; cables, 38.65. Norway, de- mand, 18.65. Sweden, demand, 25.60. Denmark, demand, 21.26. Switzerland, Spain, demand, 15.53. % 4. Poland, demand, Czechoslavakia, demand, 1 demand, 3 Brazil, i BONDS |On New York Stock Exchange. (Quotations furnisbed by the Asroclated Press.) 8 5 i N 27 y 2d 4. 138 Liverty ist 414 1018 Liberty 2d 4%3 2004 Liberty 3d d%n 1305 Liberty 4th 4%, 504 Vietory 4%s ctory 3%s. T M FOREIGN GOVERN: MUN Zagapas? EE28388835 E8sszsses g MENT, STATE WND (CIPAL. 20 Argentine Ts City of Lyon 6x. City of Marsellle 64. Cyof R de Jan'ro 8¢ City San Pauio 8s. City of Zurich 8x. Danish Mun s A Dept. of Seine 7s Dom ‘Can 5% nts '35 Dom of Can 5s 1931. D E Indies 8x 1937 DE s, 1962 French Repubiic 84, 132 French Republic Th% 2 Jupanese lat 4 48 Japanese 48 ..... 19 K of Belgium 7ign K of Helgium 6. Kxdm Norway 8s. Kgdm Sweden x... . Paris-Lyous-Med 6. 5 Repub Chile 8s 1946. Hepub Cuba b 1904 Repub Uruguuy 8s. 5 Gueensland 7s. Queensland _6s. Rio Gr do Sul és. 103% ws 67 Adams_Express 4 Ajax Rubler 8s Am’ Agr Chem Amer Cot 0il Amer Bmelting 5s Amer Sugar 6s . Amer T & T cv 8. Anmer T & T ¢l tr 5 Amer Writ Pap Armour & Co 4 A TES AT & S F adf 43 5 Atl Refining 814 B&O6s....... B&Oevd Bell Tel of Reth Steel ref 2 Beth Steel p. m BE gen 7%, D...... B R T 7a ctfs sipd. Can North #13% ... cifie deb 5. eorgia 6. ntral Leathier fn. ntral Pac gtd 4s. co B [ ¢ ¢ EEas LR T & P gen i RT& P ref 4. i & West Ind 4 0 C & St L gn 4% Chile Copper 75..... 1 Chils Copper 6. Colo_ Tndustrial Col & South ref 4 Col Gas & Elec b Cons Coal of Md Consolidated Gax Cuba © Sug deb S Cuba B R Tias A Cub Am Sugar 8s Del & Hud ev bs.... Den & Rio G fmp §s. Des Mo & Ft Dof 45 Detroit Edison ¢ Un’ Rys 41 amond Mateh « « C C « « « « « Cl Ci ‘hicago RLwys b Ch « Cn ¢ aaBonmEBal Goodst Tire 8 Goodyr Tire 8x ‘4] Trk Ry Can T Trk Ry Ct t North 1 28 Hud & Man ad in 52 Tilinois Cen 53g8. B 111 Steel deb 315 13 In nter Agric Inter-Metro 415 Inter-Metro 415y cifs Inter R T ref 5% K C Southern Gs. -Relly-Spfd Tire Lack Steel 5n '50, LS&MS deb 4s LS & M8 deb 4s 31 Liggett & Myers s. i 52 Lou & Nash ref 3ls i Lon & Nash uni 4s. Market §t Ry con 58 Mexican Petro 8s... 1 Mich 8t Tel 1t 5w LK & T Ist 48... Montana_Pow 58 A C & St L con 3s. 1 Y Central deb 6s. Y Central con 4: Y C & St L deb Fdison ref 81 H & H cv 65 'NH & H db 48 '57 Y Rys ref 45 cifs Y Tel deb 6s 1040 N Y Tel ref 6s 1041 Y Wes & Bos 318 rfolk & South 58 A rfolk & West cv 6 r & Wen con 48. orth Pac pr lien 48 rth Pac gen 3s. -Gt N ft Glgs Pa R R gen 35, Pa R R gen 41s. Pere Marq ref Peoria & East inc 48 Pierce_0il 3 Prod & Ref 88 154 Southern 10 Southern Pac re€ 2 South Pac col tr 71 South Rwy gen 6 19 South Ry con Bs. 20 South Rwy gen 4 17-Sou Por R Suk 7s. 12 Stan Oil Cal deb 7s. 25 Third Ave adj 58 4 Third Ave ref 4. 1 Tidewater Oil 83s ct 14 Tobacco Products 7s. 1 10 Union Pacific 1st 4s. 24 Unfon Pacific cv 4x 15 Unlon Pacific ref 4. 9 Union Tank Car 7s. 10 United Drug 8¢ 5 U R Inv 1st 58 8 Realty Bt bber FRES, ZEERRI2ZIREA R MERR T BB L82kn 4 Wi @ Western Elee 58 11 ‘Western Md_ 1st 7 Western Pacific Ts Union 6 v n St 78 30 Witeon & Co 8 £ Tts 10312 & Wilaw & Co cv 6. 843 15 Winconsin Cen gen 43 81 Total nales of bonds today were ‘compared with $19,841,000 previous $7,894,000 a year ago. —_— COTTON MARKETS. NEW YORK, May 11.—Reports of improving Weather conditions in the south seemed to outweigh bullish Manchester trade advides and favor- =ble reports from the domestic cotton goods trade in the catton market here early today.. ‘The opening was barely steady at & gec"ng of 19 to 22 points, with July selling at 19.12 and October at 19.20, making new low ground for the reaction, end a decline of ut. 60 to 68 points from the recent high prices. Trading was quite active and ted within ‘hm'l) o4y 81 S day ama | ‘ W 974 | 5 is B4 CURB. In New York Curb Market. (Quotatfons farnished by the Associated Press.) INDUSTRIALS. 300 Acme Coal 5000 Acme Packing - 1000 Am Drug Co....... 3. 100 Amer Light & Tr.. 144 1428 i ki rkin City A 2300 Buddy Buds % 100 Carlisle Tire . 1% 100 Car Light .. R 1100 Cleveland Auto pfd. £3% 100 Cleveland Auto ... 1100 Columbia Emeraid. . .75 800 Conley Tin ¥oil ... 12% 8% 2 b Dom Suga: 1 3700 Daniels Mo 7 100 Denver R G st pfd .58 800 Dublier C & R. 8 500 Durant Motors . 400 Durant Motors T 1200 Glen Alden Coal 1800 Goldwyn Pletures 900 Goodyear Tire 100 Grant Motor 45 1% 400 Continental Motors. 25000 S 2500 Hudsoa Motors. 100 Hudson & Man.... 600 Tllinois Cen Ris.... . 400 Intercontinental Kb 100 Leh Pow Sec. 1100 Libby MeXeil 200 Lincoln Mbtors 5000 Mercer Mot ctfd 100 Mercer Motors 3200 Pegrless Motors 700 Philip Morris ... 500 Pub BvsCrp NJ pf. 102 100 Psrene Meg ...... b3 5000 Radio Corp com. 1400 Radio Corp pr- 900 Reo Motor Truck. 500 Republic Tire . Routh Coal and 200 Tenn Xy L pfd #00 Tenn Ry L & P 1600 ‘Tobacco Product 175 Tofd_Shipyards. 100 Tarben Axle. 8 Hoffman. ...l 8 Steamship... . .10 { Profit Bh, new. 6% it Itetall Candy.. 6% 300 Wayne_ Coal It 500 West End Cliem,... . 7500 WorldFilm 2d pfd.. STANDARD OILS. 10000 Anglo American Oil. 21 2 ntic Lobox..... 1 Ll 1000 T 3000 100 500 18100 Stan % Oil of Ken new 51 Ol N Y.... 898 ‘INDEPENDENT OILS. 900 Aleon 0l 3% 11 813 233 Citles Service B ctfs 2 Columbla Pete ... Continental Ref ... Creole Syndicate ... P FFE e s SRES Hudson Ol Internatl P Keyatone Rang: Livingston Pet Lyons Petroleum Marine 0il 8 Maracaibo 01 1710 Marland Oil of Mex Merritt Ol ....... Mexicun Pan. Mexico on T Mexican Seaboard. . Mount Gulf ...... Mountain Producers, % Buudala® ¥ HRES wRwh = B Northwest Oil Omar 0il. Premier Refining. 23 B Sapulpa Ref. Seaboard 0il & Rhell Un pfd Simms Petrol 4% .08 17, 201 25 19 Am_Explor . ‘Anglo-Am Corp S A 00 Bix Ledge - 3000 Boston & Mont Dev. 6300 Roston & Mont Con 1000 Calumet & Jerome. 8000 Candelaria Mining. . 100 Cortez Silver 800 Cresson Gold. 100 Davis-Daly 1000 Divide Extension .. . 7000 Dolores Esperanz ureka Croesus . Harmill Diride Min | Howe Sound Co.... Independence L gie i i, Lol ; S88R.uk 7 EPYTH Magma Copper ... Mines Cons. . Mason Vallex 5 erlode clt & Ray Hercules Rex Consolidated South Am P & Stand * Silver-Lead.. Stewart Mining ... Tech Hughes : Tonopah Cash’ Hoy. 200 Tonopah Divide..... 3000 Tonopah North Star .} 2800 United Eastern..... 1000 Volcano . 700 West End Cor 1000 White Caps M: 5000 Yerrington .. S BONDS. Aluminum 7s 1988. ‘Amer’ Cotton Oil 6s.. Am Light & Trac 6a. Am Tel & Tel 6s 1923 2 Amer T & T 61 < Anaconda Cop Armour & Co 7a At Guit W O Bethlehem St Bethlehem St Copper 0 Copper Ex A Bx '2 5 Copper Ex A 8s '25. 19 Bepire Gag & 1 29 Fed Land Bank 4% I B General Asphalt 4 Goodhich .Tire 8 Grand Trunk 6% 1 Gulf Oil 7s 15 Int Gr Ner € Inter R T 8s 1022. 8 Kennecott Copper Ts. 1 Kings Coun Lt 633 5 Lacl Toii5s 1 Hlppettavinen ggett-Winch 7 2 Manitoba 78 1 Nat Clo G- Philippine 538 Fab Ber ¢o '3 Robert Gair 7s y. Southw Stan Ol N ¥ 3 Stan Oil N ¥ 7a '31 9 Btewart Warner 8. 16 Bwift & Co s '25. 1 Bwift & Co 7s '31. 30 Un Oil Cal 6s.. 20 Un Oil Prod 8s! 3 Unit Ry Hav 7i: 3 Vacumm Ol 7s..... 18 Warner Sng 7s "41.. 18 Western ic 78 S wmm’f‘”?‘si‘ % FOREIGN BONDS. entine 7s 1923... 100 Cai- Steamship 7s.... 96, PSR 25am 200> @ 3 EERand PARIS BOURSE"IRREGULAR. PARIS, May 11L.—Prices moved ir- regularly on the Bourse today. Three per cent rentes, 5 per cent. Exchange ori London, 48 francs §7 centimes. Five per ‘cent loan, 76 francs 65 centimes. - ° . ghe' dollar was quoted at 10 francs 3 FINANCIAL." Grain, Produce LOCAL WHOLESALE PRICES. Eggs—Strictly fresh, selected, per dozen, 27; average receipts, 26; south- ern, 26, Live poultry—Roosters, per 1b., 18, { turkeys, per 1b., 26a30; chickens, win- jter, per 1b., 40a50; spring chickent per 1b, 60a60; keats, young, each, 50260; fowls, 2. - Dressed poultry—Fresh-killed win- ter chickens, per lb., 40a45: hens, per 1b., 30; roosters, per 1b., 20; turkeys, per 1b., 30a40; kea's, young, each, 60. Live stock—Calves, 10; medium, 9a9%: thin, 5a7. Lamb: cholce, 16 Live hogs, D Ib., 11. Green fruit—Apples, per bbl., 5.00a v 19.00; per bu. basket, 2.00a2.75; western, per’ box, 2.75n4.25. ' California oranges, et 00a7.50. Lemons, per box. 4.50a5.00. ' Grapefruit, per box, 3.50a 5.00. Florida oranges, 6.50a8.50. Straw- berries, Sa2 per crate, 1, per No. 3.26a3.50. per_sack, per bbl, No. 1, 6.50a No. 2, 4.25a4.50. Sweets, 4.00a 450 Yams, 3.0024.00. Lettuce, south- jern, per crate, 1.00a1.50. Romaine lettuce, 1.50a2.00. Cymblings, _per crate, ' 1.50a3.00. Onions, per crate, 2.00a3.00. bbage, new, per Cwt 2.00a3.00. Cucumbers, 2.00a3.50. Ex plants, per_crate, 3.00a3.50. per box, Florida, 4.00a4.76. 2.0024.00 per basket. Peas, Pepp.rs, per crate, 2.50a4.50. Kale, 1.25. Asparagus, per doz., Spinach. per bbl., 1.00a2.00. DILS LEAD LOSGES ON CURB MARKET By Special Leased Wire to The Star. NEW YORK, May 11.—An gecumula- tion of overnight selling orders by com- mission houses and pr‘ssurz from the professional floor element caused de- clines on the curb exchange today. The selling was principally in the oil issues which Had been the active features in recent weeks and, although short cover- ipg caused rallies from time Lo time, the tendency was downward during othe greater part of the'session. The supply in the Stanrd Oil Issues came from houses which had been the active buvers in the past and this fact caused con siderable comment around the room and made converts for the bear side tempo- rarily at least. Declines Orderly. Standard Oil of Indiana gnd Im- perial Ol of Canada were aniong the leaders on the reaction. but many other Issues also were in supply. The decline, however, was orderly in all the high priced shares. Mexican Seaboard showed resistance on short covering. ThLis stock started its re- action some time ago when other Stocks were firm and as & result of the drop, the technical position ap- pears stronger than in others. Fens- land Ol was well held on the an- nouncement that the company had brought in a new well in the Salt Creek fleld with. an output of 1,000 barrels a day. The well is near the famous Tea Pot Dome. Marine Ofl was firm. selling orders on the specialists books having been withdrawn be- {cause the new Fensland well is on property which offsets the Marine company's 0 acres. e wasds drive on Omar Oil said !to have been engineered by important interests to obtain control in the open market. Exceptions to the downward trend were the newcomers which were listed yesterday. Sugar Stromg. Cuban Dominican Sugar was the outstanding feature, advancing to a new high on active buying by a prom- inent stock exctange house. Daniels Motors reached a new top. Phillip Morris was slightly lower, but To- bacco Products Exports held fairly well, Radfo common was heavy and Dubilier Radio was lower in sym- pathy. The motor stocks were irreg- 0. ng stocks were quite active and easy. Profit taking in Interborough 8s at a recession was a feature of the bond market, which also was easy. | Washington Stock Exchange BAl LES. Washington Gas 55—$1,000 at 9435, Potomac Electric -cons. 5s—$1.000 ‘at 951, $1.000 at 85 951, $1.000 at 851 $1,000 at 853, SL. t 9555 pital Traction—5 at 97%. Commercial National Rank—10 at 138. Lanston Monotype—5 at 76. AFTER CALL. Aoacostia and Potomac K. R. 5s—$1.000 at 8 ‘Washington Bailway pfd.—1 st 68%. 1 68%. 10 ar 60. 10 at 60, 10 at Gl at_60%,. Money—Call loans, 526 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY. o 91 Acked. 101 98 115 American Tel. and Telga. 4s ‘American Tel. and Telga. 4135 : and Tel. ctl. tr. 5s ‘Am. Tel. and Tel. conv. ‘Anacostia and Potomac 5s. Anacostia and Potomac and P. Telephone 5 C. and P. Tel. of Va. bs. Capital Traction R. R. town Gas 1st b Metropolitan R. K. Potomac Electric 1st 5s. Potomac Electric cons. 5s. Potomsc Electric deb. Gs. Potomae Elec. Pow, €. Washington shington Rw sh. Rwy. and Elec. g m. Gs. MISCELLANEOUS. Riggs Realty 58 (100g).. - Riggs Realty 5a (short) W. M. Cold Storage 5s [ Wa Y Norfol Wash. Rwy. Wash. Rwy. 09ig American Capital Columbia 0 Lincoln Natlonal Metropolitan Wesbihgios American Security and Trust Continental Trust National Savings and Trus Union Trust Security Seventh Btreet U. 8. Bavin Wasliington , FIRE INSURANCI Ametien s Corcoran Firemen" ‘National Union TITLE INSURANCE. Columbia Title . 5% Real Estate Titl MISCELLANEOUS. 4 75 e Ciante: Transter and Btorage 100 Mergenthaler Linotype . 154 014 "Dutch Market com. 0ld Dutch Market pfd. Lanatey Biorase - e eubington Market - el ] et g ST. LOUIS, May 11.—Conditions in mineral industry are gradually swing- ing back to normal, says head of American Zinc Institute. Prediction of an increase In the production of zino in 1922 in the United States over pre-war years was also made by him. He says also that members of the in- stitute -expect to receive adequate tariff protection when tariff bill now before Congress is enacted. A proposs]l té change name -of Southern Wholesale Grocers’ Asso- ciation to American’ Wholesale Gro- S ALoe convention.” 1.00a4.00. | considered. , sgw b and Live Stock GRAIN AND PROVISIONS. BALTIMORE, May 11 (Special) Potatoes—W hi 100 1bs., 1.25al No. 2, 75a1.00; new, barrel. bushel, 1.50a2.50; barrel, 3.00a5.00 bushel, 1.25a agus, do: N 2, 2 hamper, 1.50a2.50; beet: cabbage, crate, ' 3.25a3. bunch, 313al celery, doz., 90al’ crate, 2.00a4.00; cucumbers, crate, 1 a3.00; eggplants, crate, 043.50; kale, bushel, 35a50. Lettuce—Basket. 1.00a2.00 100 1bs., 3.50a5.00; No. 2 peas, bushel, 2.25a2.50: peppers. 2.0024.00; radishes, 100 bunches 1.50; rhubarb, bunch, 5a7; spi bushel, 75a1.09; squash, 3.50; tomatoes, crate, 2 Apples—Packed, barrel, No. 2, 4.50a5.50; bushel. 1.50a2 apples, 2.00a350; grapefruit, 2.5024.00. Oranges—Box, | ries, qt.. 10a17. Selling Prices at 1 0'Clock. ! Wheat—No. 1 red winter, ¥pot, quotations; No. 2 red winter, spot 1.46%: red winter, garlic spot, 146; May wheat, no bid. Sales—1,325" bushels of No. 4 red winter garlicky at 1.37 per bushel “orn—Cob corn, old, yellow, quotedt 3.60 per bLarrel; contract corn, spc 13; No. 4 corn, spot, 69; track o yellow, No. 3 domestic, 73. Sales—1,650 bushels of No. at 71 per bushel: 2183 bushels No. 2 mixed at 71 per bushel. | Oats—White, No. 1, 493za50 bushel; 3,49a49% per bLushel Kye—Nearby, 95a1.05 per bushe! 0. 2 western export, spot, 1.16%; N 13, no quotations. Hay—Receipts, 20 tons; range s 18.00a22.00 for good to choice timotl and mixed hay: market firm; suppls jon hand ample ‘for trade. Straw—No. 1 tangl 1 wheat, 11.50a12.00; nal, 12:00a13.00. DAIRY MARKE pBALTIMORE, May 11 (s Poultry—Live spring chi 5055: white Leghorn «.54“5.’ yo winter, 40a45: large. : old h old roosters, Ducks mall and poor Pigeons, | Guinea fowls, each, 1015 onions, 5.00a8.00; strawber- n 2 yello P rye. 15.00; N 0. 1 oat, nomi- Eggs—Loss off, native rhy qroass- Lo native and nearh {, Buiter—Creamer. prints, 39a41 37; ladles. 26a packed, 521y: Pprocess butter. CHICAGO CHICAGO. May 11.—Cattle—Ie- ceipts, 13,000 head: market slow: few early sales; beef stecrs and she stoc) steady to weak: bidding weak to lower; early top yearlings, 9.00; b slow; 'veal calves, strong io uneven higher: stockers’ and feeders, d weak to Jower: packers paying 9.01 to 9.50 for choice vealers; shippe paving upward to 10.00. Hogs—Receipts, 25,000 head: market fairly active: mostly 15 to 20 cents lower than Wednesday’s best time, or 10%and 15 cents lower than averaze heavy and heavy mixed hogs Jlop. 105 bulk. 10.25a10.80; 5 and 25 cents low, ¥ 230,60 er; mostly heep—Receipts, 10000 head: heas lambs slow; other classes opening steady; six loady California spring lambs,’ 15,50 throwout. 125 op shorn lambs, 13.90; e - E i fat ewes large. ctivity increased in wheat durins the final half hour The volume | trading for the day. lgmever, cr scarcely be called an unus gate. Upturns price months than May were confined {ordinary limits, the greatest advar ibeing 3 cents for July delivery. T closing price for July was ., the top figures reached. May closed 1.4 jto 1455, v In the later dealings corn contin ued to rise_ with wheat. The was firm. % to 1%a i bigher: July, 63% to 63%. WHEAT— Open. High May 1.38 L4, July . 1233 September LI COK May July . September OATS— May . July .. September . dair: IVE STOCK. close a7 3017 R LOWPREEDRAL - BONDS SO OF Liberty Issues Generally Steady—Foreign Issues More Active. By Special Leased Wire to The Star. | NEW YORK, May 11.—Most of the jlosees in bonds today occurred in the jrailway lis}. where debenturé and convertible issues were generally off a half point or moré. ) The higher grade railway issues, however. fared fairly well. The in- dustrials were frregular and feature- ess. Liberty bonds kept firm and the rep- resertative foreign government ex ternal loans developed no fresh weak- ness of any importance, United Kingdom 515 were unchanged at their high levels for the year, and the French bonds were active around the low figures of the last week or more Uruguay $s and Mexican 58 were strong. . i Low Priced Rails Soft. Among_ the lower priced railw bonds which sufferod declines were the Pauls, the Eries, Pecria and Bastern incomes, Missourl. Kansas and Texas adjustment 5s, Chicago and | Alton 3%s, St. Louis and San Fran- cisco incomes and New York, Wesi- chester and Boston 41gs. New Haven securities were firm Chicago and Eastern Illinois general went down a point, and so did Baltimore and Ohio convertible 4ige. Denver and Rio Grande 4%¢s ad- vanced a point. New York City Traction issues softened, with Interborough 5% below 73, as compared with their rece:.. high above 75, and Brooklyn Rapla Transit 7s were down two points. Ofl Inswes Steady. The oll issues among the industri- als, including Marland Oil 7igs, - held up well. Cuba Cane Sugar 8s dropped a point, and the active Consolidated Gas 78 declined over a point. Dis- tillers Securities 58 rose to 1 Blds were opened today for a loan to the city of Boston of $4,223,000 4 per cent various municlpal bonds. . syndicate including two N . |flnn! bought the issue for 100.71, and % 397, R1tH Rl the bonds will be sold publicly to- morrow. _— DIVIDENDS. Stock of Record. Atiantic Refiing Co.. q, $5...May 22 Chicago Northwestern, ., 82 { crane co. ptd, Crane Co., q. $1.. National “Bugar 175, Pittsburgh-Bessemer & Léke Bris K. L $1.50... .. May 15 Rochester Gas & Electric pfd, q. $1.25. Stay & Eeetrie o, fa. g, 31 Talon carbide &’ Ca Gas' PARIS, May 10.—The weekly state- ment of the Bank of France shows the following changes: Gold in hand fncreased 160,000 francs, silver in hand increased 111,000 francs, notes in circulation decreased 55,531,000 francs; treasury deposits increased 323,000 francs, general deposits de- creased 153,795,000 francs, bills dis- counted decreased 625,172,000 francs, advances increased 44,240,000 franca. 200,000,000 francs ‘The state re) l PARIS BANK STATEMENT.