Evening Star Newspaper, September 11, 1922, Page 18

THE EVENING STAR, WASHINGTON, D. C, MONDAY, SEPTEMBER 11, 1922. FINANCIAL.’ Grain, Produce and Live Stock LOCAL WHOLESALE PRICES. NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office TREASURY OFFER packing stock, bushel, 60a65; vel- FINANCIAL. I ON NEW YORK BONDS STOCK EXCHANGEI N, Y_ Curb Markg‘} f (Quotations furuished by the Received by Private Wire Direct to The Star Office. I, seleeted, ¢ FOREIGN GOVERNMENT, AND MUNICIPAL. Adv Rumley Air Reduction. 22 | Lackawanna Steal, 66 |Lake Erie & W pf.. 73% Lee Tire & Rubber. Lehiga Valley. . Lima Locomotlive. . ab apples, basket, Damsons and plums, NEW CERTIFICATES BY L A. FL announcement |made this morning regarding Treas- Ajax Rubber. Allied Chemical. Allis Chalmers. Allis Chalmers pf. 101% Am Agr Chemical. 40 Am Agr Chem pf.. 72 Argentine 7s. Argentine 5s. Belglum 714 1% | Belgium 6s. 124 | Belgium g young. each, Loose-Wiles. red winter, Louts & Nashville Bolivia 8s. , Bordeaux ¢s, . 2 red winter, | Treasury certificates TS-1923, dated 0. 3 red winter 1922, and payable Sep- ., paying 3% per cent Mackay Cos. Mackay Cos pf. Mack Truck. Mack Truck 1st. Mack Truck 2nd Mallinson & Co. ... Manhattan Elev. Manhat Elev ctf: Manhattan Shirt. Marland OIl. . Mariin-Rockwell . Martin-parry. . Mathison Alkill. Maxwell (A). Maxweil (B). May Dept Stores. Mclntyre Porcu. Mexiean Pete. Am Brake Shoe | spot, 1053 {September LkeiShoe Am Car & Fdy Am Chicle Co. .. Am Cotton Oil. . ? October; no bid ‘ Canada 55 1926, Canada 514x 1929 Canada 55 1931. Canada 5s 195! Chile 851926 Chile 8s 1941, i Chile 85 1946, Chinese Govt Ry 5s. Christiania ss. Copenhzgen 51 Czechoslnvakla 83 s Danish Municipal 83 A. 103% i Denmark 8s Denmark 65 Dominican Rep The certificates possess tax free privileges and will be issued . 2, |in the usual denominations from $500 per bushel; 2 or better, S0 ! International. ffering such a low rate e with morey rates stiffening Locomotive. {full amount offered will be sold with- bankers do not consider anything like the 1o that there has | 16.00219.00 Smelting. .. to [that there will be S Smelting pf.. 1 mixed hay: supply |demand for this tbeen for previous offerin Some bank 148043, @l Mex Seaboard Oil. . Mexican Sebd ctfs. Miami Copper. Middle States Oil. . Midvale Steel. Minn & St L (n) Minn St P& SS M. M StP & SSM pf. MK&TWI!. MK & T 1st pd Mo Paciflc. . Mo Pacific pt. Dutch EastTsf6s’62.. 9% 207 | French Govt 8s French Govt 7145, Ttaly.6155 1907 Japanese 1st 414 is for the purpose of ssue which will probably come is satisfac- has been anxious for {some time to provide more liberal fund- t has hesitated perhaps a littie The Treasury 1t today during the early 8% {CM& St P oy 414 Marscilles Gs. Mexico 5s. . liberal buyers s contended, Montzomery Ward. Moon Motors. . Mother Lode Cltn. niker predicted 6 per cent d of the year, Norway 8s. | Prague Tips Queensland 7s. . Queensland 6s. . Rio de Janeiro 8s. Rio de Janeiro 8s rets.. 102 i Natl Biscult. Riggs Directory to s National Bank It is expected will meet this tended upward for ail del A 3 » Natl Ry of 3 New Or Tex & M. N'Y Central.. N Y Chi & StL. N Y Dock pf. NYNH&Ha N Y O & Western. . Norfolk & Western. North American. .. North American pt { North Am rghts.. Northern Pacific. Atlantic Cst Line Atlantic Fruit ¢ Atlantic Guif Atlantic Refin pf. . £8% | Swiss Confed = f 83, 2% | Tokio s. ... ' | U'td Kingdom 5 + | Utd Kingdom 5%s 37 Austin Nichols pt Haidwin Loco. Not Much of a Circulation. Balto & Ohio pf.. Barnesdall (A). ;' { Afax Ruober 8. 1 Am Agri Chem Nunnally Co. rnet Leather. Ok'ahoma Prod. Orpheum Circuit. 4% § A Sugar Ref 63 154 Am Tel & Tel v Am Tel & Tel el tr Am Tel & Tel Beechnut Packing. Beth Steel. . Reth Stee! (B) Owens Bottle. Local Stocks Slow and Stendy. trities was Pac Development. Pac Gas & Elec. FREASURY ( Ripd Tin. | & October 16, 1922 . n Rap Tr ctfs. Atlantic Refinin Pac Tel & Teleg pt. m Pete (B). d prices being well up | Brown Shoe Burns Bros (A) urns Bros (B). .. Hutte & Supenor. Butterick.... was bid for Railway com- no sale of either. pital Traction settled around 103, “other stock | Chile Copper 7s. . California Pckng. . California Petrol fornia Pete pf llahan Zinc. anadian Pacific. . Central Leather Central Leath pf. ntRRof NJ ! Pierce-Arrow . | Pierce-Arrow pf Colorado Indus! FOR SALE New Semi-Detached Houses 2945-2947-2949-2951 Upton Street Near Bureau of Standards and Holy Cross Academy v the exception o 53, for which th {demand at 9 Plerce Oil pf STOCK MARKET. CHICAGO LIVE nd Creek Coal “ostum Cer pf.| “hi& Alton. ... Chi& Alton of Great Westrn Public Servof N J. | Pullman Co. Punta Alegre. rs of quality j Chi Ml & St P pf. Cai & Northwn Chi Pneumat Tool. Chi R1& Pacific. East of Connecticut Avenue; 2 stories and attic, cement ont porches; 8 rooms, 4 rooms on first floor and 4 bed- and 2 baths on second floor, hardwood floors planned and exceptionally well built, Have gas and electricity and hot-water heat. tern grasse Pure OIl §% pt. Havana ERL & P | Railway Steel Spr CStP M& Omaha Wide lot, 147 feet deep to a pavey alley. {CCC&SiLpt. Ciuett Peabody. ington Typr Open for Inspection Every Week Day and Sunday Rep Iron & Stipf. . Rep Motor Truck. . | Reynoids Springs. THOMAS J. FISHER & COMPANY, Inc. 738 15th Street N.W. Main 6830 nd Oil temp 7 can Petroleum 8s. ana Power 58. & Colstdk Royal Dutch held about sheep: supp. Ot iConsGasof N Y St Joseph Lead. Cons Textlie. St L & San Fran KLOADS OF FURNITURE t Louis Sown pf. . ard Air Line. ew York Tel 6s 1341 New York Tel 65 1849 ew York Tel 414s. orth Amer Edison | Crucitie Steel pt cerfully given CHLER'S, 920 Pa. m Sug pf. a7ty uba Cane Sugar. Cuba Cane S pf... Davidson Chem. Del & Hudsor: Del Lack & Wstn. . Dome Mines. Dupont (E. L). Lupont debenturs. RED BALL National Household Moves 4 Woodward Bldg SIT CO. Southern Pacific Southern Rallway. Southern Ry pf. Spicer Mtg Co tand Ofl of Calif. | Stand Oilof N J. { Stand Ofl of N J pf. { Steel & Tube pf. | Sterling Prod.. | Stewart-Warner Stromberg Carb. | Pacitic Tel & Tel 58 Ll é:g Tel & Tel 58 ctfs. | Packard Motor 8s. . | Philadelphia Co ref 65 A. 102 Producers & Ref § Phone Main 2162. Branch Offices in All Principal Cities stman Kodak. . } Electric Stor Bat. i Elk Horn Coal. . Endicott-Johnson. . %! punta Alegre Studebaker pf. bmarine Boat. perior Steel. . j Sweets Co of Am Famous Players. Famous Players pf. 105 Fed Mines & S pt. Fisher Body | Fisk Rubber. Freeport Tex |SEPARATE ROOMS, $1 Local and Long Distanco MOVING. Rates Reasonable. PACKING BY EXPERTS. | 82,000 while in our lonz-distance vans. RESORTS. TABOR INN {cean end 1deal location Special September rates, The Eng Private Baths. Five Tennis Courts. By Careful Me | Temtor Corn (Aj. Goods insured | Texas Gulf Sulphur Texas & Pacific. | Texas & P C & Oll. ‘Tide Water Oil robacco Prod. ‘Tobacco Prod A Tol St L & West Trans Contl Oil. Unlon Baz & Papr Roo n l:.room. For Best Residential Districts Save #5002 to #2,0000 Over 100 Designs to Select From. Prices Range From $2,500 to $15,000 Built Complete. Direct From Our Own Mills. Cash or Easy Monthly Payments Tide Water Oil 6128 Gen Am Tank Car. Gen Am Tank pf Gen Asphait. ... tien Asphalt pf. Gen Baking pfd do Edison 1st Union Bag & Paper 6s United Drug cv 83. - m Copen 6s. Rubber 1st 55. U § Rubber 7% Gen Electric. Beach Haven. | Gen Motors pf. Gen Mot 6% deb. Gen Mot 7% deb. .. Pow & Light 58. % | Union Pacific. Chem 7 va-Car 4 Union Tank Car.. Union Tank C pf. . United Alloy Steel. Al modern ap- Va-Car Chem cv 758 Wr. 9% Granby Consol UNITED STATES WAR BONDS. High. Low. Close. Liberty 8%, 198247.... 10090 10080 100 9) Liberty lat 43(s 198247. 10074 10066 10072 Liberty 24 41 192742... 10034 12024 1003) Liberty 34 4% 1928...... 10036 10026 10026 Liberty 4th 43 1033-38. 10100 10063 100 k4 Victory 43s 1923 10072 10070 10072 Victory 4%s (called).... 10034 10030 10032 RAILROADS. High. Low. Close. Atchison gen d4s........ % 9% 9% Atlantic Coast L col 4s. 8% 8% Balto & Ohio 68 101% 101% a1% 9% Y% % R& 02 B SWaivayas. @y 3% B & O Toledo dl‘é{u. s % Bklyn R T 7521, 9la 9% PkIvn R T 75 21 ctta gk S BKIR T 75 21 cerg sta i Bl Canadian Northern 78 nek 1k anadian North ¢14s. 3% 13% Canadian Pac deb 43 @By entral Pacific 45 w0y W% gl % hes & any 61 Chi & 6% 3% ,Qh’i& 5% 55 B&Q1st& rerss 101% 101% Chi - = 6 o gr!:an Tl gen Gs. &% at Western 4 CM& st Prefays... CM&StPeyss, CM&Stpasi9s :;h) Mil hi & N 6 cago Rw: Y ey Chi & w Icon 4s. Cleveland Term 5145, C&StLref6sA baR R 59 Del & Hug v 5. Del & Hud 5ys. .. Den & Rio G con 4s. Den & Rio G imp 5s. Den & Rio G con 4145, Dén & Rio G 1st ref 5s.. 48 Detroit United 41s. Erie 1st con 4s. Erle gen 4s. Frieconv s A. fe conv 4s B. Erfe conv 4s D. “rie Genessee River 6s. 9% %% Grand Trunk s f deb 6s. 105% 106% 100% Great Northern gen 7s. 113% 13 = 113% Great North gen 5% Gireen Bay & ‘W deb B. Hudson & Man ref 5s. Hudson & Man ad) 5s. 1l Central 5148 Interboro-Met 4%s. Inter-Met 4155 ct sta. | Inter Rap Tran 5s. Inter Rap Tran 5s ct. { Inter Rap Tran 7s w | Inter & Grt Nor adj 6s.. Jowa Central ref 4s. Kan CFtS&M4 8 | Kansas City Sou 3s 1950, Kansas City Sou 5s.... | Kan City Term 4s. Kings County | Lake Shore 431931 Lehigh Valley ci Lehigh Valley 2 | Long Island ref 4s Louis & Nash unified 43 93% ! & Pueet Sd 4s. lec Ist &ref 5%s. i & Nash 7s. b Market St Ry cons 5 oy Min & St L 18t ref 4s. ... 2 MStP&SSMcon 5s. .. 101% 101% 101% MStP&SSMelks 106% MK&Tlstds. .. o MK&TprinssA. g MK&T4sB L) MK&T6sC 2% MK & T ad. el Mo Pacific 6s. s Mo Pacific ge | | Montreal Tram 1st re a1l pOLY 9%, Y Central ref imp . N Y Central L S col 3% % kibsd New Haven cv deb 6: 854 5l 5k Haven non c db 4s '55. 53t 8% bsls Y Rys 1st ref 4s. 34 S84 Y Rys adj 5s 0% 10% ew York State 2 Y West & Bos 4%s. 7 tTie orfoik & West con 4s... 4% 4% €4k orfo.k & West cv 65.... 124% 123% 124 orthern Pacific 3s. 6% 6% e orthern Pacific4s..... 9% 91 91 orthern Pac 5s temp... 9% 6% 9% orth Fac ref imp 6 1104 1097 114 | Ore & Cal 1st 3s. L 100% 0% 100% Ore Short Loref 4s. 94 @l w4 Ore Short Lcon 58 "46... 106 165% 106 Ore-Wasa 1st ref 4s. % 5t 6 | Paris-Lyons-Med 6s..... 7 % 6% Pennsyivania gen §s. .o 102% 10:% 102% Pennsylvania gen 4%s... 944 % €4 Pennsylvania 63%s. . 1% L% 1% Pennsylvavia gold 7s. ... 112% 112% 112%a Pen yivania con 412s...100% 100 1003 Peor.a & East inc 4s 384 % 184 | Pere Marq 1st 58 100% 1003% 1ot | Pere Marq Ist 4s BTy Bila 84Ty | {Portiand RL& I’ LW 207 107 cauing gen 4s S RIATk&L4%s... &% 85 5 [StLIM&SR&G 4 8 StLIM&S 451929 StL&SFpring StL&SFprinbs. StL&SF inc 6s. StL&SF53sB. StL&SFadjés..... San Antonio & AP 4s Seaboard A L 4a (sta) Seaboard A Liref 4s. Seaboard A L adj 55 Seaboard A L con 68 Sou Pacific ref 4s Sou Pacific cv 4 Sou Pacific cl 4s. Southern Ry 1st 5s, Southern Ry gen 4s Southern Ry dev 63%! Third Ave adj 58, ...... Union Pacific 1st 4 Union Pacific cv 4s virginian Ry 1st "a Ry & Pow 1st 5 Wabash lst 5s. Wabash 2d bs. Western Maryland 4. Western Pacific 5s. .. Wheel & L E ref 43s. TOTAL SALES (Par Value): 1lam. 289 00) 4625 000 6031000 751 00 Canadinn Debentures. ! Canadian Pacific debenture stock 18t% | made a new high at 84. When these { Great Northern pf. Great Nor Ore. . { Guantanamo Sugar Guif States Steel. .. 83ls Westinghouse 7S Wilson & Co cv 1% wilson & Cocv 6 BONDS WEREF AND N DENAND September 11.—Quiet strength characterized the Prime investment were in unusual demand. There was me exhibition of confidence in {a continuance of low money n a feature of bond trad- OLONIAL HOTEL Reduced Rates. { Utd Paper Board. . Jnited Ry Inv.. | United Ry Inv pf. United Retail Strs. U S Cast Ir Plpe. U S Food Prod. U S Hoffman Mch. U S Indus Aiconol. DOES A SAVING OF $500 TO $2,000 INTEREST YOU? _Private_baths. INNSYLVANI PEN MAR BON AIRE is Smbs Before You Buy—Before You Build Let us prove that our present lumber prices are 15 per cent below wholesale market prices. Harblshaw Cable. . Hartman Corp. Hendeé MTfg. | Houston O Hudson Motor: Hupp Motors. . I1linois Central.. 1llinois Central pf. {ndtahoma. . .. Indian Refining Interboro Met pf. Intl Agri Chem p.. 38 Inspiration. Intl Cement. intl Combustion E. Intl & Gt Northern. 23t Intl Harvester. . Intl Mer Marine. Intl Mer Marine pt. Intl Nickel. ... Intl Nickel pf. . ing Special Rates F. DIEH! “NORTH HILL” CASTLEMANS FERRY, VA. farm seat near Bluemont on taln_and water Sishing, boat- The very best building weather of the year is still ahead. Our prices are extremely low, although market prices of lumber and other materials have greatly increased. Higher building prices are predicted for the NOW 1S THE TIME TO BUILD. Disit Our Beautiful Exhibit Atiractive model houses and newest home convens jences on display. Inspect our material. Call, phone or write for FREE Book of Over 100 “Honor Bilt" Homes, No. 200C. Open daily, including Saturday, 8:00 a.m. t0 8:30 pm. Other hours by appointment. Sears, Roebuck WASHINGTON, D. 204 Tenth Street; N. W. U S Rubber 1st pf . . 102t US Smelt & R pf. 215-acre coloni; Shenandoah river; valley, mo: scenery: shaded zround, dr! . swimming: new baths and sewerage: en, invalids or tuberculars taken: fresh fowls: $15 and $18 per Mr. Maurice F. Castle tlemans Ferry, Clarke Co.. Va. ORKNEY SPRINGS HOTELS In the Allegheny Mountains. Orkney Springs, U S Steel pf. U S Tobacco. Utah Copper...... Utah Securities. ‘Vanadium Corp.. 'ar Chemical. Va-Car Chem (B). 21% VIvadou....ueeeee Orchestra, Swimming, Horseback Riding, Ten- and Good Times unsurpassed. rettiest and best month, Wabash..... ‘Wabash pf (A). Wells-Fargo Exp. . Western Elec ptd. 110% Western Md. . Western Md 2d Western Pacific. Western Pac pf... 6% ‘Western Union. Westhse Alr Brke. . 102 Westhse E&M..... Wheeling &L E. ... White Eagle Ofl.. ‘White Motor. White Ol ...oeeen Wickwire Spencer. . Willys-Overland. .. ‘Wiliys-Overland pt. Wisconsin Central. Woolworth . - g ‘Worthington Pmp. Worthington pf (A) ® Kresge (58)......160 169 169 169 |WrightAeroi..... 1% that has bee: ing so long. Liberty loans were stronger than in The fourth 4%s got up Libergy bonds of late have of line with the municipals. COLONTAL BEACH, VA, Special September rate, $1 Colonial Beach Hotel Whole block on beach front; ail outside room: electricity _throughou cious porches; 10 acres lawn: good food, arte. Enjoy your va-|pnyincible Ol some time. Towa Central. Iron Products. Iron Prod pf. colonial parlors; . Livergy high-grade bly this was due, least, to concern over thy uation, which seems to ha At any rate, ! the City of Ay issue could be marketed b it was cvident that water bathing from hotel. HARPEK'S ¥ERBY, W. VA. " HILL TOP HOUSE Harers Ferry, W. Vi e bonus sit- Jewel Tea pt Jones Tea. ... Kansas& GuifCo.. 4% Kansas City Sou... 25% Kansas C Sou pf.. Kayser (Julius).. Keily-Spring Tire.. 4 Kelly-Spr 6% pt Kelsey Wheel. Kennecott. . Keyatone Tire..... w28 AV Fros. PROPOSALS. CONSTRUCTION, RAINIER, MD.—Bids will be opened ‘on Sep: tember 18, 1022, for laying approximately 330 feet of 80-inch vitrified or_corrugated pipe in the viclnity of 31st and Newton sts. Plans and specifications ‘may be secured from the Masor and Council, Mt. Raiw'er. Md., on pay- * au29.9e5,11% on a 3.95 basis, S I SN e High. Low. Last. and Co. Phone Main 2036 Call Money-..... HOURLY SALES OF STOCKS. bonds were first offered at 78 it was considered tat the price was some- what in advance of the market. For a long time they held around the is- sue figure. Undoubtedly. this was partly due to unfamiliarity among merican investors with the class of security. This so-called debenture stock cor- responds to an American mortgage bond. At today's quotations the yvield is 4.8 per cent, which seems reason- ably high considering the fact that the income is subject to tax. Among the second-grade American railroad bonds Rock Island refunding 4s and the St. Louis-San Francisco prior lien issues were conspicuous The former equaled their high price of the vear. Of the latter the B os €01 at 90—a new high. There was the usual active dealing in the convertible issues. Norfolk and Western 6s were lower fractionally. The price of this bond, however, is without investment significance’ at present. No other proof of this is needed than the fact that as a bond it sells to yield less than 3 per cent Today's quotation was simply on u parity with the stock into which the bond is convertible. Another convertible issue actively dealt in was Chile Copper 6s. Here, however, the situation is somewhat different. The bond sells both at an! attractive investment yleld. quality | considered. and on its speculative possibilities, convertible as it s to Chile copper stock at 35. Foreign issues were strong with- out any great change in quotations. The Dutch East Indies 65 were espe- cially active. This is one of the fow Assoclated Press 3100 Buddy Buds 1300 Car Light ... 700 Cur Light pfr 400 C & O prow .. 300 Grant Mot 100 Macy & Co r Mot v i eif tand O New ¥ 1 Kenpecott Co 4 Lib. MeN & Lib s S Y, N H FT TS FOREIGN E (Quotations furnished by W. B Hibi, Selling checks—dollar values at noon toda —_— A meeting s week to complete the organization of the Bank of Cer foreign bonds, obligations of a coun- | ica, recentl try not involved in the war, which still sell at an attractive yleld. Most of the high coupon bonds issued by European neutrals sell around or above the callable price. ticut with $5.000.000 500,000 surplu York the banking business pr handled by the Mercantile Bank of to carrys on