Evening Star Newspaper, May 18, 1922, Page 26

Grain, Produce and Live Stock| NEW YORK STOCK EXCHANGE | BOND AND CURB MARKETS. ed by Private Wire Direct to The Star Office. . Curb Market. per dozen, 26a27; average receipts, 25' n 3 Afax Rubber. - : southern, 25. 3. K k{3 % 0% Bal Low. 2:15. Live poultry—Roosters, pek 1b., 18; | and High, S Al FINANCIAL.™ DEBT NEGOTITION. MAYBECOMB / LOCAL WHOLESALE & At all Dealers’—$2.75 and wp Pay Damages —but you cannot hope to operate an automo- ‘bile and escape mishaps and more or less serio accidents. They will occur to you—and be inflicted upon you by others. Sound business judg- ment says insure! Let the Insurance Company do the worrying and bear the burden. We can convince you very quickly of the ad- vantages of placing the Insurance through us. Phone us—Main 601-602 LeRoy Mark, Inc. Colorado Building BUILDERS ATTENTION We have several de- sirable, well located tracts of ground which we can sell for much less than market prices. Terms Can Be Arranged and Builders Loans Obtained Stone & Fairfax 1342 New York Avenue N.W. John T. Meany, Pres. | turkéys, per 1b., 26a30; chickens, win- ter, per 1b., 40a80; spring chickens, per 1b., 50 keats, young. each, 50a60; fowls, 27. Dressed wnury—!’relh-lllhhfl win- ter chicke 1b., 40a45; hens, per Ib, 3 ] turkeys, Live 10%; medium, 9ial 3 | Lambs, choice, per 1b., 15. Live hogs, per Ib. 10.5. o reen fruit—Apples, per bbl., {9.00; per bu. basket, 3.00a3.75; Wi per box, 2.75a4.25. = Call per crate, 6.50a8.00. 450450, | Grapetrult, per | box. 6.50. Florida oranges, 7.5029.50. Straw- berrles, "southern, §a2%; home-grown. 5035, Vegetables—Potatoes. No. {bbL, 2.50a2.75; per sack, 3. | New potatoes, per bbi., No. 6.00; No. 2, 3.00a4.50. Sweet: 4.50. Yams, 3.0024.00. Lettuce, 5 ern, per crate, 15al.25. ~Romaine lettuce, 00a1.50. Cymblings, per crate, 1.25a2.00. Onlons, per crate, 00a3.00.” Cabbage, new, per CWt. 2.00a2.75. Cucumbers, 2,0023.50. Egg- bor Do Florida, 4.00a4.50. 1.00a2.00 per basket. Peas, 2.50a4.00. Peppers, per crate, 2.50a3.50. Kale, 50a 1.25 Asparagus, per doz., 1.00a3.50. Spinach, per bbl, 1.00a1.50. —_— DAIRY MARKETS. BALTIMORE, May 18 (Special).— Poultry (live)—Spring chickens, pound, 35a50; white leghorns, 35a40; young winters, 40a45; old hens, 25a 7; old rooste 5; ducks, 18a25; small and poor, 16al8; pigeons, pair, 35a40; guinea fowl, each, 70a75; old, 40a45. Eggs (loss off)—Native and nearby dozen, 25; southern, 23a24. cy, pound, : nearby creamery, 37: Rpdles, 26a28; rolls, 24a25; store acked. 23; dairy prints, 23a2 ess butter, 27a28. ASK RECEIVER FOR OIL CO. PHILADELPHIA, May 18.—Declaring Black Panther Oil and Refining to be insolvent, Walter S. Gibbons, represent- ing & number of stockholderd, has made application for appointment of a re- ceiver for corporation. According to evidence submitted, the corporation was organized in Delaware with & capi: tal stock of $10,000.000 and owns prop- erty in Indiana, Kentucky and Ohio, but since July 30 last assets, which at that time were said to have been $2,129,239, have dwindled to $548,850. Evidence also was submitted to show that Friedell, former president of the com- pany, absconded with $90.000 last April |and has not been heard from since. | DETROIT EDISON’S EARNINGS. | NEW YORK, May 18.—Detroit Edi- i son reports gross earnings of $2,084, 224 for April, 1922, against $1,913,605 i i1, 192 fter all during April, 1921, while net a | interest charges stood at $291,898, an increase of 37.3 per cent, compared with $212,555 net for April last yea For four monthy ended April 30, 1922, any shows gross revenues | §3915.304, compared with $8,144,294 ) during same period of 1921, and net after interest charges of $1,530.884, as corn, crate, 3§0a4.00; cumbers, cra 1.00a2.50; eggplan crate, 1.2633,00; kale, bushel, 20 Lettuce, basket, 75a1.25; onlon: pounds, '3.50a5.00; No. 2, 3.50a3. spring’ onions, 100, 1.50a1.75; bushel, 1.75a3.00; peppers. crate, 2.00 23.50; "radishes, 100, 1.003.00; rhu- barb.” 100, 3.00a5.00; spinach, -bush 40a60; squash, crate, 3.00a4.50; tom toes, crate, 1.60a3.50. Apples, packed, barrel, 6.0028.00; No. 2, 4.50a5.50; bushel, 1.50a2.25 2.504.00; grapefruit, box, 6.00a9.00; 10a20, * Selling Prices at 1 O’clock. Wheat—No. 1 red winter, spot, no quotations; No. 2, red winter, spot, No. 2 red winter, garlicky, spot, 1.46: May wheat, no bid; 1.30 per bushel asked. No sales. Corn—Cob corn, old, yellow, quoted 3.60 per barrel; contract corn, spot, 70%; No. 4, corn, spot, 67%; track corn, yellow, No. 3, or better, 72%a 3. No sales. Oats—White, No. 2, 49% per bushel No. 3, 48%a49 per bushel. Rye—Nearby, 9021.05 per bushel; No. 2, western export, spot, 1.19%; No. 3, no quotatio; Hay—Receipts, 85 tons: range is 18,00 to 22.00 for good to choice tim othy and mixed hay; market firm supply on hand ample for trade. Straw—No. 1 tangled rye, 15.00; No. 1 wheat, 11.50a12.00; No. 1 oat, nomi- nal, 12.00a13.00. CHICAGO, May 18.—With cold and wet_weather prevailing, regarded as likely to improve the conditions of the winter crop and the spring crop as well, the wheat market averaged a little lower in price today during the early trading. Declines, however, were checked by the fact that Liver- pool quotations showed relative firm- ness as compared With the setbacks in price hers yesterday. Chicago receipts today totaled 170 carloads. Deliveries on May contracts amount- ed to 161,000 bushels. The opening. which carried from % cent lower to % cent advance, with May 1.45% and July 1.27 to 1.27%, was followed by a slight upturn and then by a moderate general decline. Rains caused delay to planting of corn tendigg to steady the market for corn and oats. After opening un- changed to % cent higher, July 64%, the corn market hardened a trifle more and then underwent a slight sag. Oats started 4 cent off to a like advance, July 40 to 40%, then kept close to the initial rang Provisions were neglected, but steady in line with hog values. Potatoes weak; receipts, 31 car: total United States shipments, 5 cars; northern whites, sacked and bulk, 1.15a1.35 cwt.; western rurals, cked, 1.40a1.50 cwt.; Idaho, sacked, russets, 22.00; new stock firm Alabama, sacked, Bliss triumphs, Ne 1, 3.75 cwt.; Florida Spaulding ros double-headed barrels, 6.25a6.50. Toward the end of the session pri- e speculators became rather ag- gressive in selling. Increased weak- ness of May affects the new crop de- liveries. The close was unsettied %4 to 4 cents net lower. with May, 1.41%a 1.42, and July, 1.26%al.26%. against $1,187.973 for 1921. Shipping demand here was slow. Am W Wks 6% pf. Atlantic Ref pf. Atlantic Guif. Atlantic Gulf pf. Atlas Tack. Austin Nichols. .. ‘Baldwin Loco. Baito & Ohlo. Ralto & Ohlo pf. Brit Em Sti 1st pt Brit Em 8tl 24 pf... 8% 2 Rkiyn Rapld Trn... 25 2% Brown Shoe. Cllltom:lm’.-- ::“ 1‘.'% California Petrol... §1 Chi 3%33-2 5-33833 H Bzan = = 3 §R83y B2~ Postum Cereal. ... 8% Postum Cereal pfd.. 10T% Producers & Ref Rallway Steel Spr. . 100% Rand Mines........ 28 0% R J Reynolds (B). 4% Royal Dutch. . 63! 8t Joseph Lead. ... St L & San Fran St Louis Sown pf. Santa Cecilia Sug. Seaboard Air Line. Seaboard AL pf. Sears Roabuck Seneca Copper. Shattuck-Arizona. Sinclair Oil. Sloss-Shefleld Southern Rallway. Southern Ry pf... Spicer Mfg Co. .. .. Stand Ofl of Cailf. Stand Oilof N.J Stand OfI N J pf. ... 11s% Sterling Products.. 1% Stewart-Warner. Superior Oil. . Superior Steel. . % Texas Gulf Sulphur- 4% Texas& PC&OIl. m% Tobacco Prod. . Tol St L & Wn B, Trans Contl Ol EIGN GOVERNMENT. STATE g MUNICIPAL. tine Ts_. 2 City of 34 City 1 City 25 y 85 City of 114 . 87%% 7 City Rio de Jan 8s. 104 1 City of 8gn Paulo 8s 108’ 12 City of Toklo 5s . T 22 Dept of Beine Ti 4 City of Zurich 8s 28 Dom Can 5% nt: 74 Dom Ca: 33 Japanese 1st 43 14 Japanese ds... 49 Kgdm Belgiom 24 Kgdm Belgium 6s. 2 Kgdm Denmark 6s! 59 King of Nether's 64 17 King of Norway 8s... t Bweden 6s.. ed 6s. . 14 Rep of Chile 85 1946, 2 Rep of Cuba 5s 1904 4 Rep of Uruguay 8s.. 108! eens'd 7% t 8 of Mexico Gu. 8 of Mexico 4s... 5T% RAILWAY AND MISCELLANEOUS. 2 Adams Express 4s.. 761 761, bber 8 10215 Writ Paper 7s. 5 Armour & Co T & 8 F gen 45. € Co Li 1st con 4% Refioing 6%5s. & Ohio cv 5w, & Ouio cv 415 L H W A L FEEERES, L4 End 100 Willys Corp 1 STANDARD OILS. 00 bos 10 Galens Signal Ofi. diana Pi pe L 8 01l Keutucky net Standara Ol 3 Vacuum O ‘yom| Brit Cont Oll F. Carib Syndicate 500 Colombia Syn. 100 Continental Peirol Cosden & Co ptd Creole Syndioate Cushing Petroieum Engineers’ Petrol. Federal Oil . Fensland il etrolenm reek . Pet . onmal SR HE, TR * 5'—'-!; b WEEE jjourned until June 1 2%, e g?: :Commission Would Hear Brit ain and France on Refund- ing at Same Time. Negotiations may be conducted g multaneously with France and Gres Britain for the refunding of the wg debts of those nations to this coug try, it was said today at the Treasuri| High officials declared that the af lied debt commission was still with out official notification of the inter tion of France to send a special det commission to this country, but it dicated a willingness 1o ireat wit the French mission if sent. i t the same time high offic Indicated that word. wew opecis from Great Britain notitying country of that government's re: ness to begin funding negot It was believed at the Treasurs Great Britain would 4lso send al mission to this country With the Genoa confe Treasury ficials expressed the opinion that th British government would now be § a position to give the attention o its financial experts to the questiy of tunding negotiations with :h} country. In the event that both Great Brit ain and France desire to open nego tiations at the same time Tres officials declared that the negot tions could be carried on with countries without difficulty by debt commission. DENIES ANY MERGER OF MIDVALE AND BETHLEHEN NEW YORK., May 15.—Reports tha Midvale Steel Ordnance was to be ab sorbed by Bethlehem Steel, which wen responsible for an extreme rise of 6y points in Midvale shares on stock ex change, are denied by Thomas I, Chadboubrne, counsel for independen steel companies, including Midvale which are interested in the six-com now under negotiation. absolutely and unqualified Iy he said, “that there have been m ) negotiations between either Midvale o Republic and Bethlehem Steel for ther acquisation by latter company. Fup thermore, I do not believe there will b The fact that Midvale advance rapidly in the stock market criterion of a new deal fullest_confidence that if Midvale § officials at any time commence negoti; tions with Bethlehem or any company the executives of the companies now negotiating the so- ‘six-company merger will be notifies immediately 0 definite snnouncement of thy ger plan is expected for two weeks meetings are being held be xecutive heads of six com SUGAR MARKET QUIET. NEW YORK. May 18.—The earl raw sugar market was steady ans unchanged. with no sal Spot Cubas are quoted at jand freight. equal spusisseslst . 34 to 3% cents | ChiR1& P 6% pf. e & Will < 15 Do P de Nem 7 jugal: early Ju pment at net decline, with July 643 to 6454a64%. Twin City R Tran.. 49 14 Duquesne Lignt The close for corn was 3 { jcost and freight. e to 4.07, and lat e Mariand Uil of Mex 9000 Meridian 01 . FOR SALE or For Rent CHANDLER BUILDING 728 13th St. N.W. . Fine Business Location Inquire Main 783 Mr. Osgood FOR SALE! . A Well-Known Developed UMMER COLONY| LINEN '’KERCHIEF DEMAND. NEW YOR! May 18.—Plain hand- | made handke iefs are enjoying | popular call, according to a promi-. {nent importer. There is also ‘ondl demand for colored linen hlndmldel handkerchiefs. Realizing the avidity with which the buying public seizes! ! novelties, they are made in numerous | patterns and designs to_satisfy the | many tastes. —_—— STEEL MERGER AT ST. LOUIS. ST. LOUIS, May 18.—Plans ' for merger of Consolidated Steet and Iron of this city, capitalized at $7,000,000, and Hossier Rolling of Terre Haute, | | capitalized at $5,000,000, are practically | completed. according_to announcement {here by President Finklestein of the ! latter company. WHEAT— Open. High. Low. Close. May’ 1.45 1. 141 1.41 July 5% IEE ThE l,zfiz Beptember 1214 1200 1209 May 2 A% .O1% July % Bily 84k September . v el 66Ty OATS— @ a 18 —Lard— Steady: west, 12.10a12.20. Other articles unchanged. COTTON MARKETS. NEW YORK, May 18.—Cotton market opened at an advance of 3 points on May, which was influenced by reports of a continued good spot demand, but generally 2 to 13 points lower, under commission house.realizing or scat- tering local and southern selling. There were reports of rather heavy rains in eastern belt sections, and one | of the early wires said there had been damage by hailstorms in extreme south Texas, but the bulk of the rain news came from east of the river, and there was some selling on expecta- tions of improving conditions in the west. Futures opened barely steady: May, 21.35: July, 20.35; October. 20.15; De- cember, 20.07; January, 19.90. LIVERPOOL, May 18.—Cotton—Spot good demand, but business moder- ate; prices steady; good middling, 12.4! ‘\25.15: middlin, Columbia Graph. ... Comp Tabulator ConsGasof N Y. Cone Intl Cal Min. Cuba Cane Sugar. Cuba Cane Bupf... %% 8% Davidson Chem.... §8% ®@% De Beers Mines. ... 21%r 21% Del Lack & Wstn... 119 121% Dome Mines. 8 B4 Eastman Kodak.. 7 71 Elec Stor Battery. . »42% &% Erie2d pf... Famous Players... 82 82 Famous Players pf. $8% 9% Fed Mines & Sm 1% 1% Fed Mines & 8 pf, Union Ofl. 22 Union Pacifie. usy United Alloy Steel. 39% United Drug. United Drug 1st. United Fruit. United Ry Inv. United Retall Strs. 6% USCastir Plpe... 35 U S Cast Ir P pf. U S Food Prod. s USSmelt & Ref... wx U 8 Steal 9% Wheellng & LE. Erie prior lien 4. Fisk Rubber 8. 00d ye Ti 8s, ™ Tr Ry of Csn Ts 6 Gr Tr Ry of Can 6 8% Great North 7s A.. 3 ¢, " & St L gn 4s 80! G} Northern 5igx B. s A 500 Sapulpa Ref 700 Seaboard 0i1 & Gas 300 Shell 3300 Bkelly 0i 3000 prd. Petroleum. So_States. 1600 South Pet 8000 Stanton_ Oil 1000 Texas Ranger . & | directors June at 2% cost and freight, equa to 4.11. Porto Ricos, 395 Raw sugar futures were quiet ani featureless early. At noon pr wer 1 lower to 1 higher demand for refined sugar waj remained um. for fine gran: Refined futures nominal WOOLWORTH SALES GAIN. WATERTOWN, N. Y. in 1155 stores of F. Company during the first four months of 1922 showed a net gain of $4,6186. 430. or 1146 per eent_over the responding period last year, it is an- nounced. _ April, 1922, showed a gain of $2,417.480 over sponding month of 1921 were elected til 1925: Walter P. C Buffalo Edward Cornell, Mrs. J. W. Donahue Philip Lehman, New York: C. E. Clifg Wilkes-Barre; W. J. Rand, jr. Chi. W. Weber, San Francisce . Woolworth, Scranton, Pa. SWEATER CALL ENLIVENED. NEW _YORK, May 18 —Bathing suit and sweater dealers report ¢ large volume of duplicate orders fron jobbers throughout country. Ordert for women's sweaters are centered oy slip-ons and lightweight tuxedo§ while major part of orders for men’s 1 Wheeling & L E pf ? White Eagle Refia. 5% e e N U r a. | sweaters call for shakers and sport - coats. Demand for bathing suing seems to be for no one style, but scattered on the generai line. . Receipts, 2,000 bales, no Ameri- Futures “closed steady; May, 11.86; July, 11.76; October, 11.563; De- cell;zbor. 11.41; January, 11.36; March, 11.2 NEW ORLEANS, May 18—Poor cables caused enough selling on the opening of the cotton market today to put prices 2 to 9 points under the close of yesterday, July dropping to 19.88, but suppori was offered at the decline and the market turned very steady. Buying increased after the posting of the weather map, the barometer lines on which were ac- cepted by the trade as threatening . 5 more rain for Texas. At the end of the first hour of the sess were 8 to 17 points higher than the close of yesterday, with July up to 20.07. ON SALT WATER —within daily access of Washington for the business or profes- sional man; over good roads. A number of bungalows are now under construction by individ- ual purchasers. FOR SALE AS AN ENTIRETY Owner’s only reason for selling is that he cannot devote the time required to the successful operation of the property. N An Excellent Investment for Live-Wire For Particulars Address Box 131—T, Star Office 5% 2 3 ¥ 156% Worthington Pmp. 60% 61% 60% 613 High. Low. Last. Call Money..... &% &% 4% HOURLY SALES OF STOCKS. o 650 400 “rance showa the following 1d _in hand, increased 214,000 iu hand increased 407. a 087557 4 in circulation decreased Magma Copper - 1 francs; treasury Marsh Mines C 20 = 971.000 fran eposits, - G 5t fon bills dis. N Nor St Pow ref 5s A North Bell Tel 7s... 1 Ore Short L gd s RR & N 48 =8 TR T WML I T vada Ophir 31 vada Silver Horn 05 100 New Cornelia 3 100 Nipissing 2000 Ohio_Coppe: 5.8 advances to changed at 2 97 —_— e 14 Packard Mot Car 8s. 107% B SHORT-TERM SECURITIES. 10 Pan-Am Pet & Tr 7s. 100 500 Ray Hercules SHORT-TER) - 2000 Rex Consolidated . p . (Reported by Redmond & Co.) 1 e LR 2000 San Toy M'ning 5 4 i 1 u 1000 Silver Hills. 08 03 ~ 1000 Silver Dale 1000 Silver Pick 300 South Amer 1000 Standard Siiver-Ld Stewart Mining Pacific T & T 5. Int Intl‘Agri Chemical. Intl Cement . - Aluminum Co. of Amer. American Tel. & Americs Amerie Americs Anaconda Copper 6s 1929 Avaconda Copper Ts 1629 cncaser Siufe, nthaler Linotype Co, q. JIt does not require a great deal of cash money to buy your Business Home. The matter of terms, properly han- dled, leaves the great bulk of your cash in your business. This does not hold true in cases where men are forced to buy. 5 b Copper Export <A™ By 1 l‘nrd"l‘;ly I’;‘tln:‘;“u. s 1823 Du Pont Tis FOREIGN EXCHANGE. R (Quotations furaished by W. B, Hibkg & Co.) fan.... 6% EEiE . cco £ 113 al IS 3‘1 By the Avociatad Pross. 25 NEW YORK, May 18.—Foreign ex- change irregular. yGre-t Britain, di d, 4.443; cables, 4.45%; 60-day bills on banks, 442%. France, de- m 0; cables, 9.10%. .Italy, de- cables, 1. Beligium, " & Co. Saans n:butks & co Scuthwestern. Bel Swift & Co. 7s 1825 Bwift & Co. 7s 1881 Texus Co. s 1928 Unfon Tank Car And that is another very good reason for Buying ¥our Business a Home. ; Real Estate Ownership to the Merchant Is an Absolute Necessity Why Delay It? S Westinghouse e U. 8. TREASURY CERTIFICATE Bia._ Ofter STz t0088s 39728888 I demand, 19.17; Spain, Soene domand, LT3, Poland, demand A'“r'"; um“?l:“ov?l" o Hrasis, a ent M an H , de- Tmand, 13.87; Montreal, 99 %. PARIS BOURSE FIRM. PAR! May 18—Prices were firm on tnsm'bourn' toda; ?'l’nr e per cent 4 réntes, 66 francs 90 centimes. ExX-| NEW YORK, May 18.—A banking :;:::q on London, 48 francs 83 cen-| . 4100¢4 Readed by Blair & Co. and times. | Five per cont loan, 76 {Tancs |y, preen & Co., bankers, offers for ‘he dojlar was quoted at 10 francs|public sale an issue of $22,500,000 |- imes. Th 97% cen! , {first-mortgage, . twenty-five-year 7% N e WHEAT AGENCY IN CANADA. g Ty i e with powers simi- ZhenBL5H8 koS o 4 BEmE 5icE Ei 39! H o PR LR DU LR AL FHR R £ 54 i 23823058 sl £ K, saE":§ 22 !:a o i n?é‘i:ai.s 5,338 §§g§a [aa FEELSEE i R 2221 SRR Had B FH RS cenBusrietonanantabosem w8 eliE HH s % &