Evening Star Newspaper, December 7, 1922, Page 28

FINANCIAL.? | WALL STREETLIST | NEW YORK STOCK EXCHANGE THE EV NG _STAR, WASHINGTON, D. C., THURSDAY, DECEMBER 7, 1923. BOND QUOTATION = o2 BONDS o ] Private Wire Direct t¢ The Star Office. i | - Received by Private Wire Direct to The Star Office UNITEQ STATES BONDS. Open. Migh. Low. Ciose. es Adv Rumley us% 112% 112% ($1,000). High. Low. Close. Reductior 6% 6 6% Liberty 3%s... 227 10060 10034 10042 At Reduation 5% 5 Liberty 1st 4%s 77 980 970 976 Ajax Rubber.... b o Liberty 2d4%s. 630 832 981¢ 9828 2% =% 5| Government Issues and Many |Liberty eh iics 1o mes sout s i el Studebaker Up 18 Points. |Ated Chemicai<:s 72 1% 61 61 an Ny | Liberty 4th 4%s 7 e Allied Chem pt.. 12 112 112 | Mallinson & Co. N v&:"’ &u 23) : }23 e i k. S Allis Chalmers. 4 4% | Mallinson & Copf.. 92 92 Others Make Good SRR o Rn we e Other Stocks core Am Agr Chemical. 0% 30% Manhattan ) ctte.” ¢ % %51962... 89% 39% | Manhattan Shi “% 6% R MENT, STATE Further Advances. B, B |restry. o el e Advances. £Q! "“flu‘.’:"‘.'a:g'k"-c;m_' M 11 | Martin-Parry...... 2634 188 184% | Marland ON. 31 o 5 Argentine 7s. 8 BY STUART P. WEST. 7% 8% | Mathison ALK, ... 4% 4% e e b s e Bolglum 758 %0 100% 100 Special Dispatch to The Stai 18% 13% | Maxwell (A)....... 48% 48% Special Dispatch to The Star. Belgium 6s.... 7 9% 9% 95% NEW YORK, December T7.—The [ 6 | Maxwell (B) 16% 16% NEW YORK, December 7.—Bond |RBelgium8s....... 8 100 90% 9% e 0 vement provided | Am Hide & Leath.. 10% 0% 166 1% quotations were higher today. The |Bernegs.......... 6 110% 110% 110% stock exchange move 14 Am Hido & Leapf. 63% 6% 62% 62% | Mcintyre Porcu.... 18% 18% e as iRt one) Bolivia 8s. 20 9 % Bk more matters of interest today than|amyee . 106% 109% 105% 1U7% | Mexican Pete. 241 A t bonds | Bordeaux 6s. 20 WY T T% did any of the other markets. © |AmIcept.... 871 81 8 81 |Mexican Seaboard. 16% 16% In the first place governmen Brazil 7s. 8 87K 6% 8% United States government bonds|Am International.. 20 80 284 2% | Mexican Sbd ctfs... 15% 16% were “higher and early in the day|Brasilgs. 9 s 8% 8% W higher again for the third suc- 11% 11% | Miami Copper. 6% 2% fairly active. Announcement of the | Brazil 7%s 11 W B VY bl e 20% Middlc Statea Ofl... 12 128 plan of the Secretary of the Treas- |Canada bs 1926 ek o el e ot v- Lo 1 | owe g, ot ury for meeting the end of the year |Canada5%s1929.....87 101% 101% tion at the outlook for a small gov 122% 122 | Minn & 8t L (a) 5% 6% v o e Sar | Canada 55 1081 20 9% 9% 9% ernment surplus this year and a larger | Am Metals. ... 41 41 |M>Kan& Texas... 15% 16% requircments was regarded very fa-lCaneda 6y 1962.....,.10 9 %% 9 one next. Sterling exchange crossed | Am Safety Rasor.. 6% 6% 6% 6% |MoKan& Texnf.. 4% &% vorably. While nothing else than |Chile 8s1926. 8 101% 101% 101% the $1.57 mark, where it was less than | Am Ship & Com.... 18% 21% 19! % 17 short-term financing had been ex- | Chile 85 194 2 108% 103 108% 30 cents away from the old-time por.|AmSmelng. ... &% % &34 80| Mo Pacifopt.. ... @k @% pected, the ending of all uncertainty |Chile Sa 1846.... .00 10 100 % These were the two most interesting | A™ SHEIURE Bf. ... %% Montgomery Ward. 20% 21% R e e e e B i (O ol occurrences outside of the stock | Am Snuff.. 19 15 19 19 |3oon Motors.. % 1% bbb o et Crechoslovakia 86.... 5 ST 8% Am Steel Fdy. “% % % % |Mother Lode Cltn.. 11% 11% Dan Municipal 8sA.. 6 108 107% market. Am Sugar B B Wk WA Better BasdiTaaniey. Dan Municipal 8 B.. 6 107% 107% Inside the market the sudden reversal uma 23 20% 28 29% | *Nash Motors. &% A better investment inquiry was re- oo which had swept professional Wall | Ar Barmatiai-c--= J0, Nat) Blsonit w 6% paried. “Honds to vie 3 to” 5 Denmarkss.......... 6 110 1% street off its feet Wednesday after-| Am Tobacco.. Jozi Do A Mood marker for scouritis | Dutch East Tnd 1B oo NG MW noon was maintained. “\i;"::z“'(("; Boe i lemal for trust funds. Dealers and gumhhmngl:fl“ 3o =% 2 Cover. pEdobag nei(m traders professed themselves much | French Govt 8s -2 4 M “:erf short | Am Water Wks.... 28 AT e cousaEen ouer b autlooe French Govt 7% T MY %% % T e with & Tot of freeh | Am Woolen %% . % Iven the speculative issues did bet- | Halt) 6s ctfs Uz %% %% 96K -overings mingled witl e niceed the | Am Writing Pr pt.. 25% Nevada Copper. % ter today. The St. Paul bonds, which | Italy 614 1925. 8 @ 9% Bk buving by beople who had missed e [AmZinc& Lapt... 49 49 49 40 | NewOrTex & Mex 8214 8214 Werk o wealk vusterduy, made up | jaoy OAB 1SR oo B S SN S e e portanity sapidly 'slipping | Anaconaa..... S0 Gk enINVARDake ... % D part of the lost ground today. It Was|yapaneee 20 4%s..... 6 %% % L% eIkl n 3 82 s 2 | N Y Air Brake (A) 4% 48 the general impression that yester- 81 8% N Fhe ition from these two | Aseo bry Goods... 66 % o% 6% |NY Centrat: %% %% v's sales were for the purpose of | Japanese 4s & &3 i ol buvers was parcicularly | AssoDry Glstpf.. sen % 8% 8% |NYChi&StL.... 8% 8i% Tecording lossos. At the same timelp . o e e streams of bu. e hein atonisoa 101% | N YN H& Hartfd, 20% 214 any heavy sclling has an influence on | LVORS 8.0 5w % % s Eich Daa beert driven @own | Atchisonif ¥1% N Y O & Western.. 20% 20% fentimentiin it ease [0 S moRd Nl hee | e ieoia B e 4 % ‘nost severely in the market of a |Atlanta Bir & Al y 17 | Norfolk & Western, 110% 110% L Bl s ‘"‘M;H “Missouri, Kansas and | Mexico bs large. 10 48 48 “ week ago—the equipment. the motors. | auantic Cst Line.. 116% 114% 114% 114% | Norf & West pf.... 74% W% ¥ g T i T8 % % sW the steels, the oils and the shipping | Atantic Fruit Co.. 2 North American. 9% 94 incomes went | Montevideo 7s. 4 9% 90 20 stoc The point most strongly em- | auanuc Guit North American pf. 4% % Riches Netherlands 6s.......80 9 9% 9 phasized was the unofficial character | sapiantic Ref Northern Pacific... 6% 76% S Gosa iallale Dereand Norway 8s. .2 11 110% 11 of much of the Tecent pressure ou|jiipq Tack.. NovaiscoraStedii wsr 1 o ailn E T i S w‘: i selling side. It had represented |2 ORI heaaibrd . . 0 = He important Selling, very little real faussmitiiches: oLt Bl s 1o r I d were Q"'“"u“n:'z’:d D b liquidation in fact, but it mainly de- | gajawin Loco. Orpheum Clrcuit... 19% 19% Nashville unified 4s, omceozantl & 100 1006 101% pended upon operations for the de- | saito & Onto Otis Steel. T Th D L L T R ioaoa 1006 s aomtomct ows e Tese SO e Py, | “Bank of Comm'ce. 29 Owens Bof % g 3 e Baltimore and | RiodeJan8s1947.. 5 97 94 %% e e O e persistently | Barnesaall (A) < 1 ]Onio 4 nd Ohio con-|RioGrande DoSulfs 1 %% %% 9% ey found bt At P er day, | Barnesdall (5)... Pacific Develop. T L tible’ 58 and Missouri Pacific 63, ]Sao Paulo, Cityof,8s 1 9%l 9% 9% O it aotiatock L, | BATneT Leathier. Pactfic Gas & El. 8 K e al 1 bouxht. Sao Paulo, Stof.8s... 9 98 9% 9 e L el Bolders. The | Seecnnut racing. Pacific Mall. ‘American Telephone and Telegraph | Sefne, Dept of. 7 6 8% E% 8% er e Giwaye 1% in such cases, | Seth Steel. .. Pacific Ol convertible ~Gx * responded to” the | Soiamon 6a fm o @mom Sl b i ver- | beth Steel (1) Packard Mo 6l in the stock. Hudson and|gueden 6s. “ 1% 104% 104 tinded Thort contracts. . ¥ L neth su 1% @ Pan-Amer Pete.... 9 100% 9% %4 an adjustments made a fur- | qUic Conted u f 8h.., 9 1% T4 1T . Up 18 Points. Beth Steel % pf. Pan-Am Pet> (B).. 94% 9% 9% Brooklyn Rapid T{_flnsxl Ud Kingdom 5%s8°29. 51 112 111% 1% SiedSaeenin 1 Py as | BoOTh Fisheries. Panhandle P& R.. 4% 4% % : tes, did the same. - Plerce | yq iyt 6102037 60 105 1004 1020 At today's: high Studebaker was |\ (0% Seva pr. Pennsylvania. 63 ¢ were prominent amoni the In- |y o8 g o6, .o § 104 108% 104 scling 18 points above where it stood [ BHL I L0 Penn Seabd Steel, dustrials. * Sugar bonds were also e . T mouncement of | Sniyn nap T clis Pere Marquétte. igar Tiyd were €Xamples | iax Rubber s, 2 % 9% % e e O “atocke dividend | Burns Bros (A).... Mo 141 Hs% 131 | philagelpnta Co. .. e O nne |Am AgriChemSa.... 1 %6% %% %% e how, moch. @ matier (of Suf- | ourhs Bros (s).... 4 4ok oG 4| Cuipg Pete E 1 adiea Kinedon | Am ABrl ChemT34s.. 14 8 | 100% 102% prise this was, not only to the street | sutte COPper.. 8 8 % % pierce-Arrow. 5128 of 1929 made another new high | Am Cotton OilSs..... 2 o n . but to many supposedly | sutte & Superior.. 2¥% 2¥% 2% 9% | prerce Of1 record. Denmark 8s advanced and |Am Smelt& R1st6s. 7 9% 92% on_the inside. sutterick. 13 18 18 15 | pierce Oll p Japan issues were fairly strong. | Am Sugar Ref 6s. Chandler Motors has not followed i Piggly-Wiggly. Otherw. there was no very great|Am Tel & Telcv Studebaker to anything like the ex- | addo Ofl ki Pitts Coal. ehange: AmT & T cl tr bt tent it has on past occasions, appar- | Cantornia 8;"‘ Pitts & W Va, Am T & Tcltrds. ently because interests conv;e»:gd Cuiunan zinc. ™ Pond Creek Coal e ‘Anton Jergens 6s.. with the company have not felt the| _uutornia Fetrol... 5% Postum Cereal. Armour & Co 4%=. time was ripe for ,nnbl d_‘fl i california Pete pf.. Sk Pressed Steel C: Atlantic Refining Wednesday, and again todax. Stock | uaqua racisc... liths Producers & Ref. .. d . Bell Tel Pa7s.... 9 was put on the market above 62,|cauStan ROy i e e ST Week kor The Chandier ajv- | Case Lnreshing.... 30% Public Service pf. Beth'em Steel pm 6s. 8 fena” mecting™ 3 echeduled for to- | Case Fiow Works.. 3 Pullman Co. HT BY |Betivem Steelstes. 2 morrow, when the regular distribu-{Case (J 1) pf.. e Brier Hill St 1st 6%s. 12 tion at the rate of $6 a share will be | centra: Leatner. M T Bklyn Edison gen §s. 5 declared Cot i et N e l —_— Bkiyn Bdison 78 D... 3 SR ; Cent K KOINJ....26 23 S Ray Con Copper. % | e B 4 Hudson and Hup Gale. 4000 0 fusco..... &'s 4% 4% <% | pora Mines. suti | o1 987,600 Price Paid at Receiv- o 9 W ® Hudson Motors got up close to 23 | FEIC NGOl """ oby oz uli 01| Reading.+; 2015 | 91,987, e 124 2T 1 although in this instance e 13 = nlo 60%s Go's Gbie tOYe 1 2d pt. 2, i 17 pool e work. " The ‘market in the | chestbesne o000 BN T i M | Re et er’s Sale Today in ot Gooper el % e s T KcnowI6dge that he company 13 | Lol & AOD.oocos Sy S 4| Remington Type Detroit. iComp TetReseatiife Bori o ot X T ESe are and only paying |cnia mast . el 2 B spond to estimates that its eArnings | niGreat Westrm.. &% o #% 5 |Repir.> & Stee T et Ediron ref 6s. 1 = are running at the rate of $6 a share | o) Greut W pL. Y v% 9% Yh|Rep Iron & Stlpf.. o theas ber & —mhe'Ghals | DODRETStoclIa 6 8% 8 und that for the first eleven months | Jp, sy g BLr....o 2% 2% 4 o | Reynolds Tob (B).. 4% | DETROIT, December 7.—The Chal-| Dy Pontde Nem 73%s. 6 108 107% 108 T over 100 per cent more Cars| ©), ., g 5t & Pl... sb% 31 sb% 6% | Reynolds Tob pf B. 115% | mers Motor Company here was pur- | Duquesne Light 6s... 12 103% 103% 108% were delivered than for the entirel ) o Norawn.... sl ¢l @4 ek Royal Dutch. 3% | chased at a receiver's sale today by |East Cub Sugar7is.47 % %% 9 twelve months of 19 ing | Cni K L& racine... izv 9w ods <) gt Joseph Lead. L) Boyd G. (Curtls, Tocal/attorney, repre-||EmpliIa B A G 7Hn:..20 ot %" W5 The Continental Can melon cutting | i} & EECEL (0™ by a1 oits| @1, & San Fran, B n ey Tt | Fisc nubbertal 5 106% 105% 106% turned out substantially as expected | il it 1AV 0 St L & San Fr pf.. a4 iSentingthe e ob | Framerican ID 7%s. 19 89% 89 8% The capital is increased so thag e e cas St Louis Southwn. ) | The sale price was $1,987.600, and the { Gen Electric deb 6s. . 5105 105 105 A so & esch nmodouber - St Louls Sown pf. 6% | attorney was the only bidder. It was|Gen Electricdebss.. 2 101 101 lg% e O e Bessent $100 par. On the | Ciuett Eewvoay. Saxon Motors. .. 1% | understood Mr. Curtis would assign | Gen Refractorier 6a.. 2 @8 sty o total old and new a dividend Oé_h’flg.\.m-buu. e g:x:aag:l;‘l;l‘n 815 | the property to the Maxwell company | d0000CH (R BHS. 2 100, 1004 104 ¢ents iinjicashi was. declared. olo ruel { immediately after confirmation of the . 85°41, 4% 1% 114% Shies : ent on the rs Roebuck. 804 | nf Goodyear Tire 8s'41. 1 114 e e chnat eyl Lo oa hem e eGe Entea Coppat i ws | S e dently discounted the new: Columbia Gus. 1":: Shell Trad & Tran. tionl ot Chalmera by the Max (o e | Dlen s S German Paper Currency. Soumuseps 6 | Shell Union pf. forecast some time ago. The { [llinois Steel 4358°40. 2 90'5 905 0% When the Austrian paper currency | oW AabusLof. 5% cell_company held notes in the | mnar Agr Corp 8. 5 TN M M a 'vear ago passed the one trillion | Coniey 4in Foll. L s coneern totaling $4,000,000, [ (nteT AST Corpoa .. & T 26K 2 mark, the Austrian crown was far|_ ons Ciger. 3 Lew 120% 120m | SO Porto Sugar. i ddition to owning a large block of Inter Paper 1st6s A.. 8 8% 8% 1% ore’ depreciated than the German | L onsGwsof N X... 128% SoPorto RS pf.... st the Chalmers stock. T e e mark is mow. or seems likely to be | Cons Gasof NY wi 6L el [ sauthemgt‘:llfle ::,: D i when mark circulation goes into the | ius 1 extue. Southern Railway. H Ielly Shringfeiaian: i6 LoncSIeg s llions, as, at the present rate of in- u Southern Ry pf. 64 iNORFOLK WESTERN BOND. = £e" 2 5 89 crease, 1l do very soon. The Ol of cal st | 4 jLackawannaStss 0% v smla a9 Sieadiness of the mark around the | Sl TNt son e W8 4% | giang Ol of N 1ws; CONVERSIONS CONTINUE Lpritard Pyss..... & o1 o o present figure of 1l hundredths cafi| ;e pr.. Stand Oil of N J pf. 8% 118% 118% 113% e b Manati Sugarsf7%s 9 9% 9% 9% O s e German public 1s Su: | wtuciue Sieci. T e L D e S R e e T e D T o e e confident T the. remedial | rucivie Stecl Pr Sterling Prod....... &% 8 € & | Ve vonds Infe comimon| stock, | Mexican Petrol §s,... & 108 1074 108 et o e c in- | Cuvan-Am Susa Stromberg Carb.... 67 5% 66% 6% | Sonvertivle bands into common stock, | 3 it ol et measures proposed by the Cuno mil s 6 w started rapidly about August |Mich State Tel 1st bs. istry and has ceased exchanging its{cuban-AinSug Pt Studebaker..... 131% 182% XJY IW"\ | 1. when the shares were nearing their | Midvale Steel 5s. % 90 89% paper currency for securities and for- | Cuua Lanc SUKAc... M |SubmarineBoat.... 72 8 M 711N hoints this vear, have been Eo- | i e e o o 1o s, lse that steps have | Cuow CaDeD Peceeo 33 35 37 Superior Oil... % 4% 4% 4% ing on less actl in the last few i 8% 99 gn_moneys, ‘or el . s sk o b ¢ e 3 New England Tel 58. 44 991 8% Ircady been mkeznu:go;':i tfl-;::;g oaviason CUEM.c.. 8 i34 X% i0h|gyeetsCoof Am... M 1N 1% l,¢';\tn;;\lmgbultl"hu';"wr;&(\?uqne\i;\;cfiolw ith- | e York Bd 1st 651 5 110% 1095 m;. the stab tion o k e Hseers. S 3 3 E set ck. NYGELHG&PSS.. 1 9% 9% 99 g ! 5 14% | Texas Company.... 46% 4T% 46% 474 |° Due to these conversions the 5 L CTET L R Fr e 168 | Texas Gulf Sulphur 60% 60% 59% 6% | amount of common stock outstand- | New York Tel6s'4l.. 8 106k 106% 106% e inenc e e als | Texas & Pacific.... 21% 21% 21% 21% | inix has been increased $5.685,200 par | New York Tel 43 pise pouie o0, Announcement of the plan ulfllhe Doms s lbtn| Toxas& B C&Oll. m% 2% 0% 2% | value up to the close of Nowember Nor(hAmEdllons. v w @ new Treasury financing had no effect { pupunt Tide Water Oll. 122 120 122 |This means a reduction of an equal | North States Pow 8. 16 923 1 upon the markets, nor was it likely o aa 8 | Timken Bearing.. 82% 32% 2% 2% |amount in the face value of bonded { Northwest Bell TelTs 8 107% 107% 107% to. The whole policy is lo!;lztr}:’ng n“l:tnuwruat B% 63 63% dy;)ll, = (llu‘”l)m!ds are l((mn-.veruble Pacific Gas & Els;ni .20 92 fl:fl‘ a% along maturing obligations until they | secu 0 . . 8% 7 i dollar for dollar into stock. PacTel & Tel5s'62.. 5 91% 91% 1% e i Telonifos euping taree | S crdonmuon : @h|Union Bag & Pap.. 69 € 6 6 |Lecn converted since August 1 thisi ban-Amer Peted 9% 90% f.fl?r’ii‘ém eqf-‘ncs of Treasury certifi- :rnu eeeeee AUn iUt 1% 0% | Union OMl.. 16% 17 16% 16% | year, up to November 25. In the thcgr:\:i !5 m: 85% cates and notes. one running three | -0 Ct Dy 1 10 47| Union Pacific. 138% 138% 18 138 [same perjod there were converted | Public Service months, the second for a year, and are zd pl.. U% 1l'a 1% | Union Pacific pf. Y% % UK TN SNSfl.Ofl'fl 10. ar 4l2s and $19,000 Sinclair Oil 7s. . 100% 100% the third for two and a half vears. S Eate % | Union Tank Car....128% 128% 125 1 ear 48 s is s e o The idea is that this will give the |4 ey ited Drug. % % % | regular annual dividend paid & Ehesildensal cuat ths L ramous riuyers pl. ¥ Un 5 5 jon the comnion stock, into which the | SouPor RicoSug7s..11 9% 9% 9% e T O eercs ot the | Fed Mines & Sm... 3 Yy | United Frult...c... UOK 864 106 16 | Bonds are converted. is 7 per cent,|Stand Oilof Calif7s..10 106% 106 106 T e e e i | csamneaesil.. b 524 | United Ry Inv pf. % 204 Z%|and an extra dividend of 1 per cent | Toledo Edison 1st7s. 2 107 106% 106% new twenty-five-thirty-year bonds, |+ o 149 1isr 9% 67% 69%‘“._‘“ el e OB Union Bag & P 68 oo o e the first of which were put out last |&sne S eRODT il 9in | US Cast Ir Pipe.... 25% 25% 25% 25% S Union Tank Car 75... 4 10315 1088 103% O e Thigh prices on the stock ex- | sicoport heans..ce 1% 1 |USFoodProd... 5% Ea 5% 6k et o change were reached in the early | wem am Tuns Cas. il wh|USindusAlcotol.. 63 % @ 6 BOSCH PROBE RESUMED. |unsteam Copen6s.. & % si% % afternoon. By that time the first|.scmam Tank pl... oz W24 loin 12 G LI0) St USRubber Istref6s 10 8% 8 8% urgent demand from the Short in-; .. aspnait... k% 4 46 4 P8 :'/’M Taaui Tak F { U S Rubber 73%s. 3 108% 108 108 terest had been satisfied, and there | _cn aspnatt pr U s 7 ddm % % agneto . Inquiry 'aken TOI | 7 S Steel s £ 6s. .37 108% 102% 103% was nothing immediate to carry the | Gen Baking pf L lizm Nzta 12 L2 4% 4T% hi N York. Utah Power & Lt .17 90% 90% 90% upward movement further. The last | Son *o0 SE 7 Jol)T ekl 8L 10285 103% Washington to New York. Va-Car Chemicals..29 9% 964 %% hour and a half saw a fairly general | 50, ocunc. 1s lota Rt lsew 121 11 | NEW YORK, December 7.—Inquiry { Va-Car Chem 7%sw. 5 92% 91% @ of which the fave I3 e e 14 » A % i Wickwire Spencer Ts. t came down a point to two points|SSBMOWI-oi-os L B mw 4% 805 |Jury yesterday into the circumstances | IReRUS ShCPE T T QU0 O S04 from their top. O MlOL % Goh. ey W v Wn Yok S 674 of the sale of the Boscfh ':Idnm;eto Wilson & Co cv73s. 1 103% 100% 1005 e A BrOs. FTIY T ) Company by the office of e alien | winchester Ams 7%s 5 101% 101 101% FOLK SOUTHERN MADE‘"-‘fi::.mu:m . whowh s W 16 18%: property custodian. The inquiry is - NORFO! iy oa Gn Uh 6% ® 8t Ibeing dirccted by Herman J. Gallo: HEAVY APPLE RECEIPTS 2% 347 32 34 way, a special assistan attorney . GOOD OCTOBER SHOWING { wooarics- 4 general, who. ariived from Washing- Goodrich p! B B o et I wateam:. o 9% 9% |ton, and United States Attorney Hay- —_— _October gave further impetus to | Granpy Lunsos. 115 | Wabash pf (A) A% A% |ward New York Has Already Outdone Norfolk Southern’s improvemene over | (iray & Lavis. o | Webber & Hellbrn. 12k 12k 12% > inquiry was begun more than e el momaeNRed ortnera p2. Western Elec Df.... 112 1124 11214 Jear ago in the District of Colum. Last: Season’s Record. s anliser e ot et S \WEREIMANA 20 o 2 s ie T one I [ Dln I ol e O o Al ecial Digwe tch o Tk atar ater to this city. - income iGitoss o thelnarloditalys =) tes s oS g Wk el b ihe v warbwie x| NEW SORK Decemaeri—Thoides 007, compared with $6,626.264 last | I atateS ataa: N 13% 118% ;°of the Magneto Comany, charging| anq was moderate today for bar- b sl 6€1S260:31e, lor Lluenicant fLCERtT s 101 |raud in the original sale and asking | MIE W8 T8 FHO OG0V A0 IS REC I (8 Der Cent. | Houston OIL.... [ ebic 0% | Festoration of control and $2,000,000 f reled :l’f!' T o LR & = u%h damages. receipt fro in excess of net for full year 1921. |muason Motors. bt 9% 9Ok he Hudson river valley. The Last two months of last year | Hupp Motors. 1% 82l and the Hu 5 earned a mnet of $256,247. Without araulic Steel. % ® 3 market was steady, especially for responding months this year, net for | 5¥' 0 ontrau. 123 | LONDON, December 7.—Bar silver, | IO, rE8 S et e iwelve months would total $1.108,045, | bastiliion " 8% 6% | 31% pence per ounce. Money, 1% per e Gt 8 ST LTI (Ol Interborough w 1. 1% 1% 28 |cent. Discount rates, short and three- | showed no important changes since IO A e palllc has Deen | Iaterboro/Matroz. .. Kk 200% 231 | month bills, 2 7-16a 215 per cent. sesterday. Shipments of apples in e eteraMstst ) 2% | NEW YORK, December 7.—Foreign | Xow York state 8o far this season e o s ChicinD 2 8 bar silver, 64%; Mexican dollars, 49%. | oW KOt S, 50 Tor oF approxi: Pabor as $T7041%, gam of 913435 | taul marvester. w g ! Low. Last. mately 6,000 cars more than in the e "'oae Vi "Net Mar u% 1% orresponding peri season. Dhcteasha: 55 er-cent 10 FiaLi0s | L Mer Merine B, 8 B B | CallMoney. ® ob.’ | BANKDECLARES EXTRA. | T ccasons shipments are ajmost from $124,563. v 8 &% G2l bua HOURLY SALES OF STOCKS. NEW YORK, December 7.—An ex-equal to those of the entire stason N G iavieibisg T WA e o 2pm..... sz |U dividend of 2 per cont was de.|lnt Yeor. SOPRRUS °F, NS, o2 181ondOlleeececccea % % % H| 1pm.....668 - clared today by the Seaboard National | Ples this sesson Brloune, to 26,500 car NEWS | Jowel TeR.eseeeenes 2% 21 20% 2034 e Bank, in addition to regular quar-|loads, as compaed with 42.6 e Jewel Tea pf. BY% &5 6 TODAY’S COTTON PRICES. |terly dividend of 3 per cent. i 5 Tea 5Ua 6% 61% = cha e s Continental Can Shareholders | Jones VEW YORK, December 7.—The cot- i = i 15 15| ton iariet opened steady at a decline FOREIGN EXCHANGE. SEEKS NEW BOND ISSUE. (EEEori Readyustment @% e% ax|of 1 to 8 points, owing to relatively | quyinqions furlshed by W. B. Hibbs & Co.) (EW YORK. December 7.—A spe- 9 9 6 |easy Liverpool cables and reports of Nominal Selling checks | Railroad Asks I. C. C. for Permit jal meeting of stockholders of the 1% 35 6% & continucd dull trade in Manchester. [ominafif melicag Checks Continental Can Company has been 9% o el Eleven-forty-five o R aren | Lendon *s'sneo Involving $8,500,000. e L e W18 s | O Y 20745 July, 24.43. Quiet | Parn. . frane ‘'he.Carolina, Clinchfield and Ohio That the apital stock be readjusted, | lackawanna W T Wbyt steady. Rrussels, franc. railroad sought permission from the i.'-‘.?;éb; o ana two-thirds shares|LakeErie& W.... 36% 1% 36 NEW ORLEANS, December 7.—In Interstate Commerce Commifssion to- 2 common stock will be|Lee Tire & Rubber. 264 2% 26% 364 | the trading up to hoon January rose| day to issue and seil $9,500,000 in 6 N e e g Uiler - 6. @ W% ] 2has ohers the Het Mhoaad mat per cent first mortgage bonds. The Lt\‘:“;{ The plan l;roposes the issu-|Liggett & Myerspf 119 119 119 119 |gains of 24 to 30 points. January w railroad proposes to r;llug x:mnsb-g- ance of 500,000 shares of common of | Lima Locomotiv 5% the strongest month becausc of the| Vi E;:gf‘.‘;“it‘fi-;"'.";.‘.’,"% which have been 120006 ‘}fl"e topteplaceithe exx:unmmmm s e e = in addition to re;:llncll,:“;u nB-e treasury e dicecton: - o : 3 - 1,500,000, W as been spent The directors also declared a divi-{ Loose-Wiles. . Noon bids: December. 24.32; Janu- | Soityes” for $1.500.000, which has been spent dend of 75 cents on mew stock+to be | Fouis & Nashville. ary. 435 Maroh. 20443 May, 24.35; [ cRPHARRY own.1 issued. patnts c . Btockholm,” crown. line in Virginia and North Carolina. » Mlli!‘OADB- es ($1,000). High. Low. Close. Atchison gends...... 17 8% 8% 8% Atchison adj 4s. 3 82% 8 8% Atlantic Cst L 1st4s. 19 7% 8% 8% AtlanticCat Lcolds. 16 82 81% & Atlantic Coast L 7s.. 18 106 106 106 Bal& Ohloprin3ls 25 % 8 %% Bal & Ohio gold 4. 2% 81% 8% Bal & Ohio 6s.. 101 100% 100% Bal & Ohio cv 4%s. 81% 80% 80% Bal £ Ohlorefbs.....12 8 8% 85 BS&OPLE& WVads. 3 78% 7% 7% 1% 9% 9% &1 6 & 0% 90 %0 Bkiyn RT7s°21ctfs. 22 8% 88% 89% BKIRT7s21ctfsstal6 8% 8% 8% Canada Southern8s.. 3 88} 8% %8% Canadian North 6%s. 8 1113% 11% 1% Canadian North7s... 6 112% 112 112 Canadian Pacdeb4s. 30 79% 7% 79% Car Clinch &£ Ohlo68. 13 91% 9% 9% Central Pacific 4 8 8% & Ches & Ohio cv bs. 0% w% 9% Ches & Ohlocv4%s..«2 89% 83% 89% Ches & Ohlogen4%s 24 8 85 86 Chi& Alton 38 1949... 22 62% 52 82 Chi & Alton 3%s..... 22 6113 62 2 61% 61% ChiM& St P4s1925. 11 8% 79% 9% ChiM&StPcvalks. 22 6% 6% 66 ChiM&StP4s'S4...33 7% 7% 71% CM&StPrndz 5 82 BI% BIK gfi\’!::t_‘;; Sound ds. 27 675 6% 66% gen3k%s.. 6 75 4% 75! Chi Rys 6s. s . T ChiRT& Pac Den & Rio G con 4; Erie 1st con 4s, 16 56 55% 56 Erle gen 4, - 28 M5 u 44% Erie conv 1B @2n au ay Erle conv 4s D. 5 42% 42 4% GrTrunksfdeb6s.. 10 103% 103% 103% Grand Trunk 7s....., 6 121 121, 112% Great Nortiigen 78... 4 110% 1104 110% Great North gen 5%8 64 102 1015 1013 Hudson & ManrefSn. 12 8415 5%, g1 Hudson & Man adj6s 48 62 6113 62 11l Central ref 4s 2 87 & m; Til Central 5%s € 101% 101 10i% Inter-Mer 4%sctfs.. 2 0% 10% 10% Inter-M4Yscttsnta. 63 11 11 1 Inter Rap Transitbs. 16 75 7% 4% InterR Transitbsct. 6 7% 7% % Inter R Transit Ts wi47 9% 9% bl Towa Centralref4s... 6 6% 35 36 Kansas City Ft S 4s.. 19 - 79% 8% Y% Kan Cty Sou3s1950. 1 6915 6935 6934 Kansas City Sou bs.. 12 8915 88’ 89 Kansas City Term4s. 16 s2% g%, 527 Lake Shore 45 1928. Lake Shore 45 1931 Lehigh Valley 6s. Long Island ref 4. Louis & N unified 4s 91 0% o1 Louis & Nash 1st 5%1 8 104 LaaNWis: ... 5 T 6% 6w 0% %01 8% g8y 3% 3T 40 4 102 104 9% 79% 831 83y %% 968, 59% 69 8% 9 63 Montreal Tram 1stbs 5 89% 883 g:f NOTex & Mexincbe17 715 77 7 N¥ Centraldeb 6s...35 105 104% 105 P{Ycenl ref imp 5 6 MG g 978 New Haven cv deb 6s 10 %% ™Y T3 NerHavendebinst 8 0w g est & Bos 4%sS.69 46 45 Norfolk & Westcnds 2 g0 o s9° h‘orfnlk & Westcveés 8 112 12 12 Northern Pacific 3 - 2 6% 6% 61% Northern Pacific4s.. 8 86 g% 85 North Pacref imp 6s.102 109 108% 108% Ore & Calif 1st 6 10 100 100% 100% Ore Short L ref 4s. - 1 91% o91% gya Ore Sh L con 65 46... 1 1024 102% 102% Ore-Wash 1st ref 4s.. 21 2% 81% 1% Paris-Lyons-Med 65. 95 7% 72 728, Pennsylvania gen 5s. 6 101 101 101 Penn gen 4 13 9% 91 914 Pennsylvania 61s... 1 10 110 110 Pennsylvania gold7s. 3 110 110 110 Peoria & East inc4s. 2 2% 281 2815 | Pere MarqlstSs.....11 9% 9% 514 RloGWestistds.... 2 751, 78 75 Rio Grande W cit 4s. 17 66 66 % StLIM&SRS.Gs.. 9 sy StLIM&S4s'29... 1 sy 27'7; s StL&SFprindsA.. a 2% T 1 StL&SFprin5s.... 3 8% 8 g6 StL&SFincs.... 43 eop StL &S Fadj6s. 4 7 StL&SFprinésC. 10 10 StLS W ist4s. .14 T8Y StP&KCSh L4%s 41 1 g1 Seaboard ALref4s.. 10 40 Seaboard AL adjbs. 8 2 Seaboard AL conés. 5 61 917 Y 87 A 8% , SoutheraRy 1stba... 18 o7 %7 o7 Southern Ry gen4s.. 17 673 67 6714 Southern Ry dev 6%s 8 101% 101% 101% Third Ave ref 4s. 62 62 Third Ave ad] 5 Toledo St L & W 4s. ‘Toledo Traction 6s. Union Pacific 1st 4: Un Pacific 1st ref 4s. . v Union Pacificcv4s...10 95 % 9474 Virginia Ry 1st 5 18 9% %% ey ‘Wabash 2d 5s. 1 8% 815 8714 Western Maryland4s 1 63 638 63 Western Pacific5s... 2 81 81 g ‘West Shore 1st 4s. 5 82 82 82 Wisconsin Ctgen4s. 1 8% 824 gy TOTAL SALES (Par Value): ilamm.... 3308000 12n0OM... 5752000 ipm.... 707700 2p.m. 8764000 100 PER CENT “MELON.” Paige-Detroit Motor Company Also Votes Cash Payment. DETROIT, December 7.—The Paige. Detroit Moter Car Company today announced a 100 per cent stock divi- dend, to be paid December 29 to stockholders of record December 22. A 3 per cent cash dividend has been declared, to be paid January 2 to stockholders of record December 15. The Paige-Detroit Company de- clared a stock dividend of 100 per cent in 1915. RAW SUGAR FIRMER. NEW YORK, December 7.—The ear- 1y raw sugar market today was steady and unchanged. with no sales report- ed. Spot Cubas are quoted at 4, cost and freight, equal to 5.78 for centrif- ugal. Raw sugar futures were firmer on buying by trade interests and com- mission houses with prices at midday 1 to 4 points net higher. —_— ‘WOOL MARKET FIRM. BOSTON, December 7 (Special).— Quiet ruled in the Sumner street wool market today, but prices continued firm. London prices were a trifle softer in Ssome grades as the auce tions drew to a close. Japan was re- ported a_ buyer in the Australian markets. Locally the demand’ seemed strongest for medium and low-grade wools. — e DROUGHT MARS BUSINESS. PHILADELPHIA, December 7 (Spe- cial).—November was the driest No- vember this section has had in over 100 years. Less than half inch of rain fell. The failure of the streams has hampered industrial develop- ‘ments materially in some sections. SUSPENDED FROM CURB. NEW YORK, December 7.—The Curb Market Assoclations today an- nounced the suspension from regular membership of Edward Werner of ‘Werner & McDermott because of failure of the firm to meet its en- gagements. i 15.00. FINANCIAL™ Grain, Produce and Live Stock WHOLESALE MARKET REPORT. There has been practically no change in the meat market the past few days. Dealers say the market Ppromises to be draggy until after the Christmas holiday season. The mar- ket on lambs is still strong, and high prices rule. Supplies of poultry, with the excep- tion of turkeys, has made the market dull, and dealers predict there will be but little change before the Christmas holidays. Lower prices on poultry are quoted, turkeys being about § cents cheaper than during the Thanksgiv- ing holiday season. Eggs—Strictly fresh, selected, can- dled, "per dozen, 35; average receipts, 52a53; southern, 50. 'Cold storage €ggs, 30, Live poultry—Roosters, per 1b. 14: turkess, per “Ib., 40 SHHRE chiciens, per Ib., 22a23; keats, young, each, 65a70; fowls, ‘each, 21a22, Dressed poultry—Fresh-killed spring chickens, per Ib., 27a28; hens, per Ib., 25a26; roosters, per Ib., 18; turkeys, per 1b., 40a45; keats, young, each, 70a80. Live stock—Calve 12%; medium, per lb., 12; Ib, 6a5. Lambs, choice, per Ib. live pigs, 3.00a8.00 each; live per lb., 8%. Green fruits—Apples, per bbl, 1 7.60; per bushel baskeét, nearb 1 2:00; Delicious, No, 1, per bbl,, 6.00a7.50. California oranges, per crate; 5.00a6.09: Florida, ~4.00a5.00. Lemons, per box, 6.00a7.00. Grapefru Tange- { rines, 2.50a3.50. Vegetables—Potatoes, per bbl., No. 1 1.60a2.00; per sack, 2.00a2.25; No. 2, 50a1.00. ° Sweet potatoes, North Caro- lina, 1.0022.00; nearby, 1.50a2.25. Let- tuce, per crate, southern, 2.00a2.50. Ro- maine lettuce, per crate, 50al.25; lcebers. lettuce, per crate, 5.25a5.75. Cabbage, northern, 1.50a1.75 per bbl; nearby cabbage, per bbl, 126a1.60. Egg- plants, per crate, 3.50a6.00. Tomatoes, per box, Florida, 3.00a5.00. Beans, 3.0025.00 per basket. Peas, 3.00a4.50 per basket. Peppers, per crate, Florida, 2.0023.50. Kale, per bbl., _1.00a15¢. Spinach, per bbi., 2.00a3.00. Celery, per dozen, 50a1.00; California, per crate, 6.00 2650." California grapes, per crate, 1.50a 3.00. GRAIN AND PROVISIONS. BALTIMORE, December 7 (Special). —Potatoes—White, 100 pounds, 40a 1.10; 150 pounds, 75a1.85; sweets, bar- rel, 1.25a2.25; bushel, 50a65; basket. 25 a35. Yams, barrel, 1.50a2.00; bushel, 652’ Beans, bushel, 3.00a5.00. Beets, 100, 3.0024.00. Brocoli, bushel, 25a35. Brussels sprouts, quart, 15a20. Cab- bage, ton, 12.00a18.00. Savoy, bushel, 35a50. Carrots, 100, 3.0024.00. Cauli- flower, barrel, 3.00a6.00. Celery, dozen, 50a1.00. Cucumbers, crate, 4.00a8.00. Horseradish, bushel, 3.00a 4.00. Eggplants, crate, 4.00a5.00. Let- tuce, basket, 50a75. Kale, bushel, 25a {35. Onions, 100 pounds, 1.25a2.50. Oyster plants, 100, 5.0026.00. Parsnips, bushel, 90al.00. Peas, bushel, 4.00a Peppers. crate, 4.00a5.00. Pump- | kins, 100, 10.00a20.00. Spinach, bushel, 50a70. Squash, crate, 3.00a4.00. To- matoes, crate, 4.00a7.00. Turn:ps, bushel,’ 50a60. Apples—Packed, barrel, 2.00a5.00; bushel, §0a1.50; loose bushel, 50a75; basket, 25a40; box, 1.25a2.25; gran- berries, barrel, 11.00a14.00. Grape- fruit, box, 3.00a4.25. Oranges. box, 3.0025.00. Pineapples, crate, 4.00a7.00. Tangerines, strap, 4.00a7.00. Selling Prices at 12:30. Wheat—! ‘o\l red winter, spot, no No. quotations; red winter, spot, 1, nomina . 2 red winter, gar- | 313 3 red winter, spot, No. 3 red winter, garlick E December, 1.301:. Sales—None. Corn—Cob corn. new, 3.13 and 3.80 per barrel; contract, spot, 50% per bushel; No. 2, 821 No. 4, no quota- tions; ‘track corn, yellow, No. 2, old ior better, 84 per bushel. Sales—684 bushels of yellow, new, delivered, at 81 per bushel. Oats—White, No. 2, 531; per bushel; 1xo. 3, 53. Rye—Nearby, 85a90 per bushel; No. 2, western export, spot, 98% per bushel; No. 3, no quotations. Hay—Receipts, 47 tons; market for top grade of timothy and light clover imixed, 17.00a20.00 per ton, and for good mixed, 16.00a17.50. Stra: 0. 1 tangled rye, 15.00a 16.00; No. 1 wheat, 10.00a11.00; No. 2 oat, nominal, 12.00a12.50. CHICAGO, December Reports of torrential rains in Ar- |gentina hampering the Argentine har- vest had an additional strengthening influence on the market, and so, 100, did_ corftinued attention to gossip from Washington about proposed credits. On the advances in price, however. commission houses sold freely. The close was firm, at X to 1; net advance, with May 1.16% to 1.163% and July 1.081 to 1.08%. Open. High. Low. LIS Close. 1185 1165 695 -43% ¢ May. July. LARD-- January. M 401y 10.02 10.30 9.92 1017 950 DAIRY PRODUCTS. LTIMORE. Md. December (Special). — Live _poultry — Turke: jpound. 40a poor and crooked breasts, 30a35: spring chickens, 21a Leghorns, 17220 ; Leg: horns, 17a18; old roosters decks, 19a24; small’ and poor, 17al8: geese, 20a28; pigeons, pair, 25a30; guinea fowl, ‘each, 40a70. Dressed poultry— Turkeys, pound. 42248: old toms, 40 poor and crooked breasts, 34a35:| { chickens, 22a old roosters. 15 jducks, 24a25; geese, 23a30. Eggs (loss off)—Native and ncarby firsts, dozen. southern, 47a48. | __Butter—Creamery. faneyr, pound, 53a56; prints. 56a5 y. 44a47; Lz dairy prints, 38a39. store-packed. process butter, CHICAGO LIVE STOCK MARKET. CHICAGO. December 7.—Hogs—Re- ceipts, 40.000 head: early market 15 higher: largely to vard traders: bulk, 140 to 275 pound averages, 8.25a8.30: bulk packing sows, “desirable pigs around . 7.60a packing_sows. rough, 7.30a7.6 killing pigs, 7.90a8.25. Cattle—eceipts, 11.000 head; beef steers and butcher she stock largely 10a15 higher; spots more on desirable beef heifers: killing quality plain: native beef steers, largely short fed of value, to sell at 8.50a10.50: early top matured steers, 12.75; -canners and cutters slow, about steady: bulls steady to weak; veal calves steady: stockers and feeders steady to strong: bulk desirable veal calves to packers, 9.2529.75: outsiders, hand-picking, up to 11.00; bull stockers and feeders, 6.0027.00. Sheep—Receipts, 17,000 head: fat lambs weak, tending lower; early top, 15.10 to packers: desirable fall clipped 90-pound fed lambs, 13.00; feeders good demand: no early sales; good 87 pound fed vearling wethers a big quarter lower at 12.50; sheep scarce, around steady. PRICE OF HIDES DROPS. Chi:n’go Reports Reduction as High as 3 Cents Per Pound. CHICAGO, December 7.—Hides drop- ped from 2% to 3 cents a pound in the Chicago market today, as a result of a large movement due to accumu- lations and a general belief that prices were unduly inflated, according to large buyers. The movement yesterday approxi- mated 225000 hides, with another brisk market which it was estimated today would approach the volume of vesterday. Accumulations had been going on for some time and with the large movement prices drobped, market operators and reporters agreed. The break, it was said, was not likely to bring on further declines. Tossy | ——— MELLON REPORT BIG BOOM TO BUSINESS Annual Statement to Con- gress Cheers Leaders in Trade All Over Country. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, December 7.—A feel Ing of greater confldence In the pres. ent situation and in the future ha 1 spread through business circles in this country as a result of the report of Secretary of the Treasury Mellon Business men in various sections and in many different lines voiced this opinion today, making 1t clear their attitude was based solely on the bust ness significance of the report and not on any possible political aspect. Financiers and business executives indicated that Secretary Mellon's re port was effective as a business stimu- lant, not because of any extreme opti- mism, but because, while encouragins factors were fully enumerated, difi- culties in the way of business als. were fully recognized. This recogr tion by a spokesman of the admiris tration was taken in some quarters x« forecasting measures for the rem of those difficulties. Steady Advances Seen. Secretary Mellon's outline of the condition of business portrayed con- ditions identical with those the de- tails of which have been set fortu fully in these columns within the last three months. His statements that the volume of business was mounting steadilv, that prices of commodities had risen and that inventories wer low were regarded by business men today as particularly reassuring for continued business ~activity during the next six months. Although he said farm products were selling too low at the farm and too high at distributing centers, he tempered this by the declaration tha crops were bountiful and that the sé- vere depression in agriculture had been relieved. He laid strong empha- sis on the fact that railroads are sui- fering from undermaintenance and ir.- adequate equipment. but stressed fully as strongly the heavy purchases of cars and locomotives. Labor Shortage Taken Up. Large employers took the Secre tary’s comments on the shortage of labor, which he sald was due to bus:. ness expansion and restriction of im- migration, to forecast an attitude o the part of the administration favor- able to the Jetting down of immigra- tion bars to some extent. The fact that no general revisio: of the revenue laws was suggested or ladditional taxes recommended, while at the same time a cut in the surtaxes § was advocated, proved grateful news to many business men. The Secre- tary’s report, however, probably will not serve to check the tendency of corporations to increase capitalization and declare stock dividends. His comments on necessity for {closing all existing avenues of es cape from federal taxation were re. garded as significant. Stock Dividends Explained. ‘The attitude of many of the cor porations which have declared stoci dividends was clearly outlined by A C. Bedford, chairman of the board o1 the Standard Oil of New Jersey “There is at the moment,” said Bed- ford, in part. “a proposal for govern- ment intervention in a certain phase requires that they be translated intc tangible property representing plan: equipment and business facilities ot i these corporations. In the process they were taxed as earnings, and the remainder, thus invested in tangibie |propert_v. becomes a fertile field of tax- ation by the state. These assets, ! which thus comes into existence with lan earning power distinct from the earnings of original capital inves!. {ment, are the properties of the share- holders of any compan: iCleveland Shows Big Jump in Employment Special Dispateh to The Star. CLEVELAND. December 7.—Em- {plovment in the larger industrial plants in Cleveland has risen steadily since Jul; November figures made Buying Useful Gifts Special Dispatch to The Star, KANSAS CITY. December 7.—Chris - mas shopping is in full swing and merchants say that, judging from the early buving, the season will be better 1than they anticipated Buying of useful gifts is strongly apparent. but novelties not strictly useful are moving briskly also. The Ivmire southwest is looking forward with confidence to the new year. W H. Fuqua. president of a ank Amarillo, Tex.. said here today the outlook in the Texas panhandle never had been so promising. This feeling is widespread according to re- ports from bankers in other sections. Coal Prices Slashed $2 Per Ton in Seattle of industry. “It is based upon the allegation that earnings over dividends of i number of corporations of varied character have been sequestered for a number of vears for the sole pur- pose of evading the super incoms taxes of the shareholders of thess corporations. “As the merest novice in business will understand. the ecarnings over dividends of these corporations could not remain in fluid form, but, as cre- public today show that £6,384 worked {in the 100 plants normally employing 500 or more men. This compares with 61423 in June. The increases laxt month mostly were in steel and fab- ricating plants and those making food products. The decline in the price of pig iro has caused some of the makers merchant pig in the Mahoning valley to slacken production, but otherwise the steel situation in Ohio is about unchanged this week. ated, the growth of the enterprise: Kansas City Folks Are Special Dispatch to The Star. SEATTLE. December 7.—Prospects for a white Christmas in Seattle, x rather unusual happening, becama better today with a fall of snow which covered the upper hill districts with a white blanket. This came just at a time when coal dealers had an ! nounced a cut of $2 a ton to stimu- - late buying. The late fall and warm early De- cember has helped most merchandisec lines except shoes. The rush of holi- day buying was on before the mer- chants were fully ready for it. Checks on_department store business madn ltodny indicate the gross turnover this year during the holiday season will be the largest Seattle has had sincs 1919. 1$2,000,000 in Building Operations in Atlanta Special Dispatch to The Star. ATLANTA, December 7.—Building expenditures in Atlanta during No- vember exceeded $2.000,000, bringing the total for the yvear to date slightly over $20,000,000. Holiday traffic has overtaxed the rallroads and ship- ments of building materials are fall ing still farther behind. Shortage of labor in the building trade is becom - !ing more pronounced. . (Copyright, 1822.) | WOULD DOUBLE STOCK. DOVER Del., December 7.—A cer- tificate of increase in capital stock for the White Eagle Oil and Refining Company from $32,000,000 to $64,000.- 000 has been filed at the State Depart- ment. The company's headquarters are in Wichita, Kansaa. ,