Evening Star Newspaper, December 13, 1922, Page 28

28 DIVIDEND CHANCES FINANCIAL. THE NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Ofice EVENING STAR, BEST RAIL BONDS MARKET LEADERS| UNITED STATES BONDS. Open. High. Low. Close. 7 . Low. Close. Sales : AGams Express.... 68 60 61% 7% | fackay Cos pf. ) @ (§1,000). High. Low. Close, Alr Reduction. 69 69 80 |MacyCopf.. 100% 110% Liberty 3%s... 208 10030 10024 1002 Ajax Rubber.. 12% 12% 12% | Magma Copper. nh 2K Liberty Ist 4148 212 9910 9874 8888 —_—— Alaska Gola. %% W|Mailinson & Co. FrirTy Liberty 244%s. o0 @5 %38 243 - aska Juneau ), 1 1 lanati Sugar... 50 51 50 51 o dberty 3d 4%s. 78 992 876 98 Many Leaders Go Higher on A Am Cable 121 121 121 |ManatiSugarpf... 88 8 8 84 leertys Tend Toward Lower | Liverty 4th 4ics sa1 s ses ssm Alled Chemical.... W @ 84 7 |ManhatElecSup.. 60 &8 0 ® . Victory 4%5°23 280 10044 10040 10044 N H us v 5 o o Expectations—New York |Rucciaimrs " ‘4 'ws ' |Mammauanme 60 6° e tee| Prices—Foreign lssues |FSTRAET QRN 82 9S m Agr Chemical.. 22% 82% 31l 31% | Manhattan Shirt... 4s% 6 4% = Central Sells Off. Am AzrChem pf... 60% 60% 60% 60% | Mariand Ofl. 0 28 2% Firm. FOREIGN GOVERNMENT, STATE Am Bank Note. st 91 91 |Martin-Parry... 2% 18 2% AND MUNICIPAL. SRSIL AmBeetSumrl 4 4L @ 4 |Mucwell (A) a e «a : ($1.000). THigh. Low. Close e .| Am Bosch M %% u xwell (B)....... 18% 16% % 1% ¢ G GHE 18 1004 100% 100% NEW YORK. December 13.—Today's | Am Brake Shoe, 8% 76% | May Dept Stores... 179 19 178 178 B M CK X MUGHLy. g‘:',,;,f,',’,:’:,z’, SREDL Lot stock market was rather more ir-|4m Can 73% 78% | Mcintyre Porcu. 132 18'% 18% 18% | Special Dispatch to The Star. Belgium 6s. ... %N %M 9% regular than that of the previous :mgfllp 13% 113% | Mexican Pete. 20 U2 U0 U2 NEW YORK, December 13.—The‘ i T 100% 100% 100% ays, but again most of the prin- ‘: c:'.":nl'gfi. li: 12: =:::::g=b&a’:d 16% ::: 1% lfl; bond market was firm today and in 7. 9% @Y% 3% W movements were upward. Am Cotton ONpE... 3 8 3% 30% | Miami Copperes oo, 8% oy 2% s |°0MC case cven strong. Livertys, OEs o8 e \What the street had its mind fixed | Am Druggist. % Miadlc S % 1% 1% a3 | however, were very irregular, with a|J . 3 upon was the extra distributions in Midvale S 2% 28 1% 2% |tendency toward lower prices. Brash .'ll.m 7 o yu' e ock and in eash which have now ’4‘“"2: 8tL(n)... 6% 6% 6% 6%| The principal strength was in the|Canada s 1926, .6 W% 99 ome so much the fashion, and the el & o :l:“ ::h higher grade railroads. Kansas City gnndufiu: 1929..... 8 101% 101%% 101% e e ught out the | Am International. . Mo Pacific pf. e ¢ & Terminal 4s sold up a point. Union nada 5s 1931. -3 9K 9 9 shares of industrial companic Am La Feance..... 11% Montgomery Wi Zin My iy |Pacific refunding 4 advanced half a|CanadaCetdss.......ez o0 s o o et S Am _Linseed 31 Montana Power.... 61 6 6% 684 |point. Great Northern 7s and North- | chiie gs 1946 S et ot ions R Am Linseed pt. 62 Voon Motors. 18% 19% 18% 19% |ern Pacific 65 both went higher. | Christiania §s, 6 108% 109% 108% T nicat Stikine ntitest Toeii b n?:;:nonv 142;2 other Lode Cita.. 11 1% 11 1% |Canada Southern Gs of 1962 were also ::D'n)mrans 15 90% 904% 9% bearing upon the zeneral financial | 4 h A *Nash Mot 5 in demand. This bond is not only se- | C#echoslovakia 8s.... 25 86% 86% 83 nd e | m Smelting...... 55k % 5 % | guaranteed by the Michigan Central. | Danmark 8s. . S h are likely to count :m;'“';“"fl’f- 99 R A better than 5 per cent return on|Dom Rep5is 1942... 6 8% 86 8t -5 on. Rut today the | (0 s:':'_'...“, .ee l:::: 2 this class of security is considered|Dutch East Ind 6s°47 10 9% °4% 4% tbilities were the |y i iicario . i very atiractive. Pere Marquette Gs, I I SO ) 5 3 re 2 Ni another first-mortgage bond, gain i - 4 %8s Equipments fn Deman - ;‘:{""',r':k lm X \:".::'C":” ground. Pere Marquette earnings | French Govt 7%s % 4 o Baldwin Locomotive and American . 2 |~ Lo have been very encouraging of late, Haiti €sctfs. . %6ty 9% %4 = Am Tobaceo....... 166% NewOr Tex & Mex 85% 87 8% 87 % S potyaed motive were bought tively |,,>,| Am Tabaceo (B) 15t N Y Air Brak = % and the stock is in favor with spec. taly 6%s 1925, E e 3% 9B% ally good it | A robiae pf (a)... 103t N Y Contage (A) 45 4 (5% % ulators. Norfolk and Western 45 did Japaneselsths.... 7 8 WL W% ! 2 = 2 better. anese 2d 4%s. k% U I Cnaraed mu Tieein A W W a5 NI NHe e B oh e ow Ceatral's Bonds Higher. Tepancac s s o «rs is regarded as v. é % pt. - o g = 9 the cquipment eroup |+ Wooten o tT4 w4 o7 |NYO& Western.. K i K .0k | The New Vork Central issues were Urusuay 3siisic: 104 carried along and so were Studebaker | ATn Woolen pf. 1% NG 11 Norfolk & Westers 111 112 111 12 {dealt in at higher prices, Lyons €s. . 5 % 8% TEY and most of the other motors. Here. | Am Writing Prof.. 28 23 2 8 |Norf& Westpf.... 7 71 |of the New York Central directors In | v, eeitien gs... A oo, the incentive { course, the |AmZine& LApf... 1% &2 1% 62 | North American. maintalningithe meBUlar P i1l Mexico/s’ .4 8 3B 38 anticipation of a very favorable busi- | \nnconda: . © % ¢ |North American pi T e Cf eniors, howes et ats | Mexioor 5 0% 50 5 ness period from January on. © | Assets Reatlzn 11 1 |Northern Pacific APpointing 1t may have been to spec. | Montevideo 78 5 61% Y% W et ot the Nore in demand ws the | veso Dry Goods. 67% 6% €5% 65% | Ohlo Body & Biw. Ulators, | St. Louis Southwestern first | Netherlands €s. 5 @ %% 8% Thade by recent remorts: for the Tt | AZoDry GIstpf.. sWe % &Y & ) Oklahoma Prod. s were active and higher. Today's|Norway € ctfs. ... 12 100 fiscal year and confidence that next rffi: Dryai2dpe; : OntarioSilver: price was ess than 2 points under the | Prague 7% n % 4 o rrings will be materially | ALchison. evator. high of the year. ueensland o 2 10032 10013 100% ing & cd sta | Atchison pf The St. Paul Issues showed a better | Oueensland 7s. 1 h pmanihe Improved st uibinm Bick At o folloin S Eatbrany s BemIsOME S A peecs & B RISL I and tha higher prices prevailing. i lantic Cat Line. Al cial statement as to the COMDANY's|Riode Jan8s1947.. 17 §7 96% 91 w Yerk Cemtral Dro Atlantic FruitCo.. 1% 1% 1w 1% % 1 % 1 |finances. Chicago and Eastern I |Rio Grande DoSulss 4 %% w13 93 & s lAtlanticGulf...... 25 5 2% 24w |PacificGas & €7 874 8% 7% nois 55 moved irregularly. “Bi€| a0 paulo, Stof, 8s.. 5 % Wl @Y% SiSuel il tend toward im-{ pAyatin Nichol Si% s1% 3% s1% | Pacific OH. 4% &% 46% 41 |Four” 4s dropped back trnrunnallx T biptetiTe. %) s ok e emen poard in rall jAutoSalespt.... 1 14 M 14 |Fan-Amer Pet 0% sva as 63 |and then recovered ~Baltimore and |0l Nl 1 T % 8% Ll Forls et 3 an-Am Pet - (B).. 6% 8% 76% T8% | Ohio 58 di lthe‘ a?me, Seabs g nta i e o et e ot || siniEoca s S INE Panhandlenf...... 61 61 61 @ [Linerefunding is tost KU oo | Swise Confed s 8s... 1 118 115 118 nlar dividend ot oiper | Ao & Olito: 4 Parish & Bingham. 10 10 10 10 | Sugar and copper, Sane S Tokio & w2 e dend at l‘hr rat lnf< PeT | Ratto & Ohlo of. 1% Pennsyivania % % e |actively traded in. (,ulm‘\.am! bugrm:r gn 'dmusd o 3 w2 'zz“ 17:v. 3 his W a bitter disapoint- | o C, ‘, 5 went up. The difference between the 8s | U ingdom 51%s8°292'9 115 113 134 ment to the : -ommunity. ;‘:‘r::;‘!::;‘:’::“ e Penn Seabd Steel. g% 3% s | Rt A e hat the former were | Ud Kingdom 5% 75 108% 108 104 h. thre B A)... 2 People’s Gas. . 2% 83 9% | syhordinated to hank loans. Otherwise | Zurich 8s... .2 on12 m2: 112% Beechnut Packing. 524 Pere Marquette. 2% 36% 37 |the mecurity is the same. For a time Vorh Sieel (Hy . .. 63 Pere Marq pf. 6 6 9 (the two sold about on a parity. Now MISCELLANEOUS. ubt the strik |R»rh Steel 7% pf... 9% Philadelphia Co. a a3 0% 40% | the 8s sell from three to four points|Afax Rubber8s......10 98 9% 954 of unusually | Beth St 7% (o 9% % | ehillips Pete. 42% % 42 2% |higher than the 7s. This is doubtless | Am Agrl Chem 7%s.. 14 102% 102% 102% e e atianaeoy] Brit Em Sti 2d pf.. 25% % | Plerce-Arrow. 19% 12% 12K 12% | the m;u:; r;' ‘the improvement in the | Am Smelt & R1stbs. 6 %, 927s @7 MH!”; e "‘!' d:: « -.:“:F ‘!r:hm\g I‘S: okiyn Bnmd‘l‘mn. Lita 4 Plerce-Arrow pt. 23% 30% 28% 0% |suear industry. Am Sugar Ref 6s. . 5 102 101% 101% e olo e dectelun fe e NS iaklys Rap Trctfs. 1336 Plerce Ofl. .. ¥ % % % Foreign Issues Firm. Am Tel & Telcv 6s.. 25 116% 116'% 116% eftecr of making Ahe ke | Brown Shoe... 4 Piggly-Wiggly. B4% B5% 64% B65%| Foreign bonds re mostly higher.|Am T & Tcltrbs.... 9815 98l 98% niidence in other rumors of | Bronegroe bl W Pitts Coal. B° ® @ 8 |United Kingdom 5% of 192 made an’ AmmE Delints: @i vo e dividend action on ra - Pitts & W Vi 8 284 8% @Bl |other new high, keeping pace wi ater Works 5s. 8, Eiorabie ik B B pailvay | Burns Bros (B).... 4% BeAC Ll -ttt i ere steuing exchange, There I a good de- | Anton Jergens €s. 0% rounds for some time past. !Bfl"@COI}D"- P Pressed Steel Car.. 78% 82 7% 82 |mand for the 1837 maturity, although!Armour & Co4%s. [ e NS s - ! Butte & Superior.. 31% % | Producers & Ref... 42 2% 41% 42 |there has not been any grenliclmx;fie Atlantic Refining 5 vy e oanloRals | PublicServof NJ. 9s% ws :3% s |in quotations. At todays price this|Asucarea Bara 714 10014 ice in_stérling exchange | Caddo On Public Service pf... too, 108% W6 1o |BIime investment issuc sells to ¥icld | Bethiohem Steel rf 55 21 £ sensational than on | California = about 5.15 per cent. Bothiom & Sl fuliman Co........ 180 131 120% 10w |" Considering the great improvement | Beth'em Steelsf 6s.. 25 @ it Al e :;:;::;'zg.flc'.m % ‘-;',“u'“:)fi“"‘- ‘;% '};‘3 ;fl*z ;’,: In the finances of Great Britain this g;‘;;];‘*}jzx':‘:nlg:fil;&:. 1: 19;» recovery w being 1 < re Ol 2 a% i3 a very attractive yield. French yn E §sB... 04 DANRInG omaatiina on ) e ancine. 18 Pure Oil 3% b % 9% 9% 99% |bonds held around yesterday's prices. | BKIYn Edison TsC... 1 196% scale initiated in London and! " pira)feather. Brazil. advanced. Mexican 4s|BKklyn Bdison7sD... 2 108 -ted_by the British government | ontr8y 1000, €00 Railway Steel 8pr.. 115 116 15 115 |a)so sold higher. There was further ; BKIyn Edison gen §s. 14 Wiy tself. These operations were C:m RRot Ng & : Ray Con Copper. 185 134 8% 13| absorption of the Jumwen 6s. Bklyn Union Gas 7s.. 1 us held until the season of the Cer de Pasco. e Reading. T"‘ Bl T BN It was announced that the St. Louis | Bush Tm Bldg 5s°60. 3 9% finaneing « s in the ! ,h"“d e M > |Reading st pf..... B0li 50% 0% 504 |and San Franclsco Railway Company m et was at an!g andler Motor. Remington Typi 8 515 5 6% |had no intention of offering in the | Central LeatherGs.. 16 98% Then time was evidently | :_:’el«n;rk'&OHW Replogle Steel 24 4 4% | near future any part of the $5,644,700 | Cerrode Pasco 8s.... 41 135 med fitting to push sterling back 'cm& Iton» Rep 11> & Bteel... 46% &7 46% 46% | prior lien 51 per cent bonds or the | Chile Copper6s...... 8 % ar xnhll |j“"l“> Wwhe, & Al U’““Vf %|Replron & Stipf.. 821 82 s2' e2%s[$1,047,900 adjustment 6 per cent bonds, | Chile Copper 7s 12 D o | Gl & boeileccee Reynolds Springs.. 18 18 18 18 |application for authority to issueCinG & E15%4s°62... o n balancing their budget Chi Great W pt.... Reynolds Tob (B).. ¢s% 48% 43 8 |which recently was asked of the|ConCoal Mdistrf5s 1 Bt eI el Snastton the | Chl Mil & St P. Roval Dutch. . 62% .2% &% 61 |L C. C. These bonds will be placed |Corn rod sf5s...... 7 120 A ional trade. At today high | chi M & St P pt.. Rutland Ry pf 31 81 31 21 |in the treasury of the company. Cuba Cane S ¢ deb 8s 30 2 he goal was only 1S cents aw «hi & Northwn.. . Det Edison 55 1940... 9 4% it would reached with another | cpy'e Northwn pt. St % o = S o LAl AL . Tast fore - oseph Lead.... 19% 9% 18% 18% Det Edison ref Gs.... 5 103% ich, Fise as that of the last fort- | ip, pmeumat Toot 8t L & San Fran... 21% i NEW YORK CENTRAL Du Pont de Nem 743 ¢ 103 e {CniR1& Pacific. StL & San Frpf... 39 Duquesne Light 6s... 4 103% Royal Dutch Breaks. Chile Copper. : St Louls Southwn.. 20 East Cub Su t : . D 2 gar Tt:s. 62 e, for a long time past the action of | Chino Copper. 2% St Louis Sown pf... 68% DECLARES DIVIDEND Empire F & G 7%s.. 65 o 1 Dutch has puzzled people, who | Cluett Peabody. o Savage Arms. 1sls ST e A Fisk Rubber8s.. ... ¢ 16515 ught it ouxht to o ffl'l-"fi, with the | Loca-Cola. 6% Saxon Motors. 1% Expectations of Higher Rate Not | Framerican I D 7%s. 9 857y v of the oils. The explanation ab- | Colo Fuel 24% 5% | Seaboard A L pf... 9 - 25 Gen Electricdeb5s.. & 10% Rine rather by again—in the | Solumbta Gas. 108 <vars Roebuck. a2y Fulfilled—“Extra” for Michi- |Gen Electricdeb 6s.. 12 oz announcement that an interim divi | columbia Graph, G Sears Roebuck pf.. 108 gan Central. Gen Retractories 6s.. 7 * aenaran per eent on the shares t:omp'hbulnor % Seneca Copper. 8 Goodyear Tire 85 °31. 21 i) i :urope had been declared. U’:'_eg‘:_'l":f,‘:“'- Ig . | Shell Trad & Tran. 5% By the Associated Press. Goodyear Tire 85 '41. 3 14% per® cent at the same | 0! e s S 9245 NEW YORK, December 13.—Direc- o » Cons Gasof NY wi 61ty 52 tors of the New York Central rail- | oiand-Amersts. 8 S Postponement of the Burns Broth- | Cuns Tex 100 road today declared the regular|H RS - scheduled for Tuesday. |Cont Can.. Skeily Oil 9ty quarterly dividend of 1% per cent, | llinois Steel 4%s5°40. 12 « ad no significance, $o | Corn Products. 132 Sloss-Shel P Payable February 1 to stockholders | Inter AgrCorpss.... § 5 ition plan is | Losden & Co. 9% So Porto Sugar. o of record December 29. Inter Mer Marine 6s. 16 oncerned. It = mecessary by | Cosden pf. cece 3% Southern Pacific, 8676 Announcement of the regular divi- | Inter Paper1st5s B. 9 ay in the pre es, due to ill- | “rycibie Steel. 6% Southern Railway.. 24 dend dissipated reports on the street | Jullus Kaysersf 7s.. 10 to one of the legal representi- | Crucible Steel 91 Southern Ry Pf.... €5 that it might be Increased to 6 or | Lorillard (P)5s...... 1 Gves amd R AL e op | UDAD-Am SuRar - 20% 5% % | licer MUg Co...as 18% 7 per cent. These reports had cre-ManatiSugarsf7%s 8 O O O ther mecting on De- | Cuban-Am Sug pf.. 1v2% 10zl 102 102% | 5)iicer Mfe pf o ated an active circulation of New | Marland Oil 7%s. aher 19 it ex Cuba Cane Sugar.. % 17 i M% and Oil of Calif.. 116 YD!’Ikd( ‘entral stock for the past sev- | Marland Oil 8s war. LBt et ad ‘- | Cuba Cane S p.. 395% 0% 9% <O7h | o G eral days. 2 Mexican Petrol 8s. e SELTL IR :p:‘ :X';f‘n';;p;':ed ot Chea L S0 5% ,,,,fi,::;:gg:l':;fg j S m: Directors of the Michigan Central | Mich State Tel 1st 55, § ‘tocks and in other ways bring the | De Beers.. 2 2w 2% 2| Saring - railroad today declared an extra cash { Midvale Steel 38. 2 = & Prod...... dividend of 6 per cent in addition to | Montana Power 5 ares closer to | Del & Hudson......120% 120% L0% 120% | georn Brog pr. 100% al of 6 per cent In addition to | Montana Power5s... 6 will then be|DelLack & Wstn.. 188 185 133 133 Stewart-warner... ¢ % 5978 A ;elf"‘;'e‘:“_ & end of i National Tube 1st 6s. 1 {Doms Mines.. ... 42% % berg Card 5 . New England Tel 55: 8 ’ 1DO8'S & Atiantt o ‘57 | Stromberg 5759 Robert S. Lovett and Edward S.|\ow york Ed 1st 6%t 9 r Group Active. {Du = <L - Studebaker. w02k% Harknlss were elected directors of NYGELHG& P58 Fresh stimulus was ziven the sugar | Vetroit M‘f“- Studebaker pt. 116 the Pittsburgh and Lake Erle rail- | g ofo = e F Ot 2 zroup generally g;,d ¥ by u:e p:xlhliv:- Dupont (E 1) subml:nnoqullolt iy 7 {,‘;“’,fi:"::’;.‘;,;"LZ“&‘-‘,’,‘&:’;."S”,{‘;"? R s el u: o 12 «tailed report and_ con- . | Superior oM. . iy o v b ck- | 3 S rac alance she - onn | Eastman Kodak &% 6 88y | S ; New York Tel 4%s... 2 e e amy for the | Blectric Stor Ba e ww wi Sweets Coof Am... 1% 1% 2 R North Am Edison 6s. 4 ear ended September 30, 1922, | Bik Horn Coal..... 21§ 8% 21 = 28%| ronp copper. . % o% 8% lNoOh!oTr&Lre{_u 1 Moreover there is to be a meeting of "“:2:::33::.:: . Texas Company. L6 % @ MAY INCREASE STOCK. North States Pow &s. 8 rectors, it was reported, on Decem- | Endi . Texas Guif Sulphur £9% 60 5o% €0 i Northwest Bell Tel 78 7 T LA B LT fexan g PoCieiic D % M A% yoiional Surety Company Also e it compan e S v e 4 icinc Gas 5158... 4 on September 30 Stood at $20,400,000, | Fumous Players... ;;::;:P(:&ofl. B Na S Pac Tel & Fel 68 '62.. 10 4r over 200 per cent of the outdtand- | Fed Mines & Sm el Ol 0 Talks of Extra Dividend. Pac Tel & Tel 55..... 1 Col stock. An imporiant factor | rwner Body. .. . e wituation 16 that 80 per cent of the | isher B of O bf. % 3% -3 8% | gpecial Dispatch to The Star. e ol company’s crop is the product of two | pigk RUDDeF. . .cees X 8% & 8%| NEW YORK, December 13—Nation-| producers & Ref §s.. 45 101% 1075y 10,55 wills which admittedly are the low- rt Texas. 81% 80 8l ot * on % 3 2 Sl 3 ! rreepo al Surety Company stockholders ubic ST iecltn S et est sugar cost producers in the world. | ,.n Am Tank Car. 57 8 67 | December 28 will vote on whether to{paiun s SVIC B e 8 88 O 8 Bigger Copper Output Likely. en Asphait. . 0! z% ;;"/- 32 |increase the :;ufi‘k :‘ll;om s:.ooomol 1‘0' Rep Iron & St bs 40.. 2 e2% el a1 chase by the Anaconda Copper Com- | Gen Cigar deb..... \._n::nml...u 18% 1% 18% c;e';fi'egw\ts stock from $5,000,000 0o, yo g ContTs..... 7 100% 1005 100% any of the Chile Copper COMDANY. | ,cn Ei@CLFIC. .eoe. 2 Culon Pacific. 1Bk 1Bk 1381 | $7,000,000. sinc.air Oil 78 1m0 0 ol roducers of copper metal in the ecapi wieee 10 11 11 11 |union Pacific pf % 13 78 | ‘The Santee Cotton Mills have de-d: : 2 are Understood (0 (be | o e T e - Unlon Tank Cr p 100 108 109 |clared a b per cent cash dividend pay- | Sin Crude Oilhs... 1 88% 8% 8% ¢ 5 Riflcrcays iehat aperd |l Motae - 1316 135 1| e oy Steel. 3% 3¢ 84%|ablo January 15 and a 50 per cent|Sinclair Pipe LineSs. 32 %% 895 89 Which w can mot only great- % %8 93% | b ed Fruit. 11 1ot 1o | Btock dividend payable forthwith, |SourorRicoSugis. 8 % @n mo ons Sehich i Tt only reat: | Gen Motors pf. 30 T OO e e poaaet D) The Kirby Lumber Company of,|Stand Ollof Calif 7s. 2 106% 106% 106% Libeeguaently larger earnings. The | Gilliland Oil pf. ®1 4ol 4ok | O 5 % 6% 6% |7eras has declared a dividend at thelTobacco Prodsf7s.. 5 108% 103 10.% LI G T e :" rate of 7 per cent on preferred stock, yojedo £dison 15t 75. 3 106% 106% 1065 for what is thouglt will he the m £ ;::.';I:::’y tlol:{;":‘li;rll‘l llf;r"pe;:gdarff:‘;fl usx‘:eiuys:.l...“'. 3 vl W Wl L [t - aitional dividend ow’ ail preferred of e e D o mh anking sroup. and higher prices for e per cent. Utah Power & Lt6s.. 1 91% 91 slly copper metal. ®% wa 2| D mw-]:;;fllm' % 6y va-Car Chemical {8.. 3 95% 5% oo Steel Shares Also Improve. Grey & Davis. 3 12% 1% 12% | U SInd Alcohol pf. 100 100 100 I: S oge Va-Car Chem 7%8w 6§ 2 sl% sl Steel shares bore their part In the | tsreat Northern Bt 80% 8 80l P . 9. decurities . Warner Sugar 7s..... 75 upward movement despite the rather Greene-Cananea... .6% 5% 26 Westinghouse 78 , conflcting testimony in the wee:ly | GuuntanamoSugar 11 11 11 39 . \estern Union 6%5. 6 110 110 10 e The Iron Age speaks | cuil States Stees. 6% 8% 6% 18 o elp to ri t, Wickwire Spencer 78. 1 8% 4% 545 of the (;nn ‘h-d !"“3; r:le of pig darbisnaw Cable.. 1% 1% 1% frafid Wilson & Co 18t 68... 6 100% 100% 10u% ron produc.“,n through the country, 0 19k Wilson & Cocv 7%S. 16 108% 1u3% 1.3% wiEccasgineted Montnutiiesprailcn T o :“: ays Tr. @LION | Winchester Ams 7%8 2 1% 101 101 ff. The average is per cent of L plant capacity, as compared with the ®'% 6 6% o Increasin; ttrac- Frene Bh O N inamucn us it | supp Motors. 0 88 8 % 36| va-cor Chemicals 8 B 38 Wh | enc ot o sovernment savings] BOND ISSUE AWARDED < customary just before holiday sea- | Hydrautu o a-Car . 2 won for the steel mills to be less|uanosCentral... 107 107 107 307 |, ,-Car Chem pt. . :” securities has been demonstrated —_— wctive this decrease in operations ! filinois Cent (LL).. 66 65 65 ¢5 | vivadou. M% 18% 14} |throughout the past year clearly, a¢- | War Department Accepts Bids of has no significance. The main point ! fdianom 18% 1% 1% 15% | wabash. 9 8 9 |cording to Secretary. Mellon of the A e ot e b Tt | inaaR RGN ,:" :2: ,::: ,g“ ""‘""’“‘E’;’ U% A% U% uh |Treagury Department, who devotes a New York Firms. ness volume, which is entirely S- | gepiration, @ % | Wells-Fargo Exp.. 90 904 80 903 i t bids £ 13,000 factory, but the profit margin, which | iipore Metro T4 il Rl % 1% e considerable portion of his annual re-| Award o s for a $13,000,000 with “the ln_\ls‘p:_nll?nl stfielmakem interboro Met pf w % % 28% W ,.:: :};‘. port to these securities, which have | Philippine bond issue was made to- o the ‘Stook: exchanee oherations |IsUCUNEAtc oo T APy 25 176 18 16% 18 |become a permanent feature of Treas-|day by the War Department. The rthe rise were well sustained and | ;21 COmOVSIOR T 28 B O % o 8% 5% ury operations. united ofle;' of four New York con- ome of the active leaders made their 2 “The various offerings of savings|cerns of $95. was accepted, the lest prices in the flnall houlr. :\n?}t‘her ‘::::‘n:"vf:l:.rn pt. :70!‘: g_;‘: :’2. 1::‘!: mm 'fxc""“f"" ,"“fi ]s“m:‘,y e%fll‘mfil firms being the White Weld Company, huge increase—nearly ninety-three | ¢ - < “have given to all classes of p 3 hillion marks—in the Bank of Ger- | tl Mer Marin 2% U% 12 | Wheeling& LE... 9% 9% matter how small their means, an op- | the Case Security Company, Hall- many note circulation was of only |snu Mer MarnePf. 6% 62m 61% 61% | Wheeling & LEDL. 16% 16% 16% | portunity to invest in the obliga-|garden & Co. and Blair & Co., Inc. perfunctory interest because for the | wnth Nickel. W% M% % 4%\ pnite bugle Ol 32% tions of their government, and, more| 1, anpouncing the award, Maj. Gen. st month or more thése increases | intl Nickelpf.. ° 7 W 0 |wnie Motor. . 50% important still, the publicity given"to| prank Mclntyre said the purpose of wve ceased to affect the mark. In|.nu Faper. 63% b4 63% 8% | whnite Oll..oe. % these offerings has carried the mes-{ ., . "},.,q issue was to increase the act, mark exchange, if any thing, was | .avincible Oll. 1% 15% 4% 1% |y ,ckwire Spencer. 1% sage of economy ang thrift into every currency reserve funds of the Philip- WiLys-Uver! oo 7 easer e Jewel Tea. 20% 0% MU 20% | winys-Overandpt 0% % securities, in greater MPI ens" SECOND MAN LYNCHED |imeiear:ecs e ime o oa e o4 Emoinie may not be feund” FIrstis:| xnsasuRY CERTIFIoATES. ed in 1917, as one of the means of nealisiRes Wunsas & GuitCo.. 24 % 24 9 or iy |oued. o 1 aents of | (Quotations furn imond & Co.) FOR TEACHER,S DEA <ansas City Sou... 19% 19% 19 19 Wo1tngton 2 2 2 meeting the financial requirems Noon. s Pmp. 82 |the world war, the continued sale of ——Nooo.—— TH KansasCBoupf... 83% &% 6% KW e0dd low these securities has been of material | RateMaturity. ., 1005 (Ofer, —_—— Kayser Julius).... 4 (52 &% @l High. Low. Last. |aid to the government in the financ- | 4%s March J3; o e el Iiy the Associated Press. heuy-Spring Tire.. 4% 6% % % Call Money..... . 3% 8% |ing of its current requirements, and g :s:;te-miwer 15, 100 1001-16 PERRY, Fla, December 13.—The |Kelsey Wheel. N 98 N . HOURLY SALES OF STOCKS. at the same time has increased the | 333360007, g5¢ 1011816 102 119 ~econd of two negroes arrested Fri- | hennecott. . 36% 37 8% 87 prosperity and wellbeing of those|y, s September 13, 1018-16 101% £ Geystone Tire..... 1i% 11w 10% 10%) 1lam. who have saved and bought them.” | 4f(s March 15. 1925, 00718 1 day in connection with the murder of | jackawanna Steel. 6% 6% 6% 76% 1pm. 4 '{’.i‘;fi‘;"fi Hs 100018 1093818 Monday night. Lima Locomotive.. §3% 60 6% 9% SILVER QUOTATIONS, NEW YORK, December 13 (Special). A Arthur Young was taken from the | Loews Ine 18 18% 18 18%| LONDON, December 13.—Bar silver, | —A shipment of approximately 8,250 FREIGHT TRAFFIC GAINS. oflicers as they were attempting to|g,rillard (P) 69 169 169 169 |30 15-16 perice per ounce. Money, 1% | bushels of tomatoes from the Bahama 5 transfer him to another jail. Charlle el Dhcoiit s hott and |10lands was received this morning| ST. PAUL, December 13 (Special). Wright was burned at the stake Fri- | Mack Truck. . 66 86% 65% 46% | per cent. Dis es—Short and | .53 50la at from $2 to $5, mostly $3 | Freight traffic at this terminal in- day night after a mob of several| Mack Truck 1st.... 94l * 941 8% 9u | three-month bills, 29-16a2% per cent.|to $4¢ per bushel. Arrivals showed |creased approximately 15 per cent in thousand men had taken him from the [Mack Truck 2d..... 86% @4 8% &4k | NEW YORK, December 13.—Foreign [ wide range in quality and condition, | the last month over the figures for officers as they brought the two ne- 13 118 118 1 [ bar silver, 64; Mexican dollars, 48%. 'some soft, overripe and wasty, while | November, according to preliminary ses into town, B figures made public today, % others weré quite green. v WASHINGTON, D.- G, WEDNESDAY, DECEMBER 13, 1922. y Private Wire Direct to The Star Office. FINANC Grain, Produce and Live Stock Low. Close. | LOCAL WHOLESALE MARKET. 89% 8%! An advance of 2 cents a pound in RAILROADS. Bales (81,000). High. Atchison gen 4s...... 16 89% g:hmle Cst Lcol4s. 8 :& :;;2 z,/. the price of butter the past few davs 1 & Ohio prin 3%s 16 £ Wi s, It is Bal & Ohi 68 "8 11 100% 100% as recorded by local dealers. I Bal & Onto oo 196 81 8 81 |believed there will be u further in- Bal & Ohio cv 414 .8 81 80% 80% | crease before the Christmas holiday Bal& Ohioref 58.... 49 8 84% 8% season. Receipts of creamery and B&OSWdIiv3%s... 48 9% 9% “%|country butter are light and the de- B&OPLE& WVads. 3 79 % W%in,.5 4., Bkiyn RT 78 °21. 2 o @ 9 T : S o Buff Ro& Pitts4%s. 1: 92 91% ¢ |o o0 f‘f&h’?&‘:'nfi e anasin % 113% |demand for the holiday trade. Re- Canadian North ... 10 113t Uizt T | Sl ontinne. light. bat mo. recent Canadian North #14a. 16 1% 114 1% |advance in price has been made anadlan Pac debds. 38 79% 79 e rditic Central Pacificds.... 16 &% 81 sl Very little change in the condivon CentralRROfNJ6s 3 107 106% 107 | ince the Thanksgiving holiday sca- g::gmonu‘t‘; zs 3‘ gz :;:v, son, and supplies of fruits and ess, o gen 4%8 v tabies are ample for the approaching al“&&A?moacv 6s.... 8 93 98 g l).o'gaay trade. , ] Iton 3s 1949 5 62} B2 EgRs—Strictly fresh, selected, %{%2'&’;‘ aszfl . 8 U% u‘l: !n;:t g'e‘fl}'pvr durxen; : average r*-:-!n‘zu st 58.22 100% 100! 1 0! ern, 50. nld storage CEES. Chi & East Il gen 5. 81 81% 80% mal Live poultrv—Roosters, per Ih.. 14. ChiM& St Pref4%s 17 5% 6% 59% ;;:kl?'e ver 1., 43a47; spring c:m“\’"!‘- s 3 , cach, MR Povie s 6 o | lome iy CM&StPendys.. 25 81 7% 81 chickc;;d '\l;ngu’lé Frech-killed "’”,"'f ChiM&StP4s'ss.. 18 71% 71% 71%: 24a25: roosters. per lb., 18: turkevs, per ChiM & StP4s1926. 67 79% 78% 7% 1b.. 50a52; keats, young cach, T0as0. CM& Pug Sound4s. 9 65% 66 66 ive stock—Calves choice. per 1b .i’",,:',i"”’,',w*’"m"” 62 52 62‘ :;s"/xe ;nedlgxm. per lb. 12: thlxx-;. ‘;:;r Vs 6a. . 6 7% TN T |Ib. 6a9. mbs. chofce, per 1b. 13- ChiRT& Pacrefdn..29 8% 83% 83% |1IVe Dizs, 2.00a8 00 each: live hozs ChiTin Sration4%s.. 9 91 91 91 [Perlb, o - ChiUn Station 6%s. 2 14% 13% 114% |- g'e*n fruits—Appies. per bbl. Chi& N W Ta........ 2 108% 10s% 108%700: Der bushels “basket, me: Ch & Windconds.. 4 % W5 W | Egveliclous, No. 1. per hbl. 6 00a7 Chi&WInd7is... 2 12 10% 12 | Florida, 4 00en o T per - box. CCC& St Lref6sA. 10 101% 100% 100% | 6.00a7.00. Grapefruit, o 00a3.75 Cleveland Term 5%s.32 104% 104 106% | rines, 2.50a3 g " o0 Colo & Southern 418 3 &% 87% 8% Vegetables—Potatoes. per bl CubRRIst &rf7%s 5 104 104 104 :650?%30: per sack, 2.00a2 ho al.d S North Caro- Del & Hud 1st & rf4s 2 88% | lina, gw"‘n:;r'na;?!;.;o o Let- Del & Hudson cv 55.. 8 97 |tuce, per crate, southern, 1.00a2.50. Ro- Del & Hudson 5t4n . 3 s | maine lettuce, Icebers en & Rio G imp 5s.. 4 lettuce, per c Den & Rio G conds.. 1 8% | Rorthern, 1.50a1. Erle 1t con 4s., 8 oot | Cubbage, per ‘bbl, 150a2.00. Frie ge plants, per crate, 4.0027.00. Tomatoes, Ren 4s. 29 L3 Erle conv 45 A = | Per box. Florida, 3.00a6.00. Beans, e cony s D' 7 = 3.0024.50 per basket. Pecas, 3.00a9.00 per e o . 42°% | haske Peppers, per crate, Florida ":‘ ext 7s. 2 103% 0. Kale, per bbl, 1.0041.50. Erie & Jersey 6 13 89 Spinach, per bbl., 2 00a3. Celery, per Erie Genessce Riv 63. dozen a6.5 5 GrTrunk s f deb6s.. 17 90 104 1.00: California, per crate, 6.00 California grapes, per crate, 1.50a Grand Trunk 7s...... 2 1% | 3.00. Creat Norti gen 73.. 20 10% 3 G e 5 GRAIN AND PROVISIONS. Green B& Wdeb B.. 1 10%| pALT Decembe: HavanaERL& P&s 3 824 | cial).— . e 36 be. Hudson & Man ref 3s 23 % Hudson & Man adjbs 6 6% 2 InCentral Sus. ... 14 ton: 3 o z, nter- 45 ctf 107 11 2 bu., 3.00a5.600. ecte, 100, 3.00 InteuRan s tlas) = (a0, Brocoll, bu.’ 36a40. * Brussels Inter R Transit 6 ct. W T T e Cabbage Inter R Transit 73 w1 20 . 2% | zhoiazi.oc. Fhoon Towa Centralref 4s... 6 300a000" ’:}T: uhfluwl:“r‘ p Kansas City Ft S4s.. 6 mbers, crate, 3.00 Horserad- Kansas City Sou f8.. 2 -0024.00, % Kan Cty Sou 35 1950. 6 Kansas City Term 48 24 f.ake Shore 43 1928... & Lehigh Valley 6s..... 0 Long Island ref 4s.... 5 S TLouls & Nash 7s. 1 Pumpkins, Spitach. Louis & Nash 1st 53%1 15 bu.. 63asn, . crate, 3.00a1.00, La& NWbs..... 1 Tomatoes, crate, 4.00a7.06. Turnips, | Market St Ry cons 58 16 oo plea packed, fbbl : MIEI Ry & 1. 30t 55, 1o 50a1.50; loose, bu., 50475; basket, Mad s al4d; "box, 1. Cranberries, bbl., 11.00a13. apefruit. box, at.0 Viranges, box, 6.00. Pine- apples, crate, $.60a7.00, Tangerines, strip, $.00a7.00. Selling Prices at ¥ Wheat—; 1 red winte quotation: . spot red winter, IAL. IMMENSE PACKING MERGER PROBABLE Government Attitude Held to Have Removed Any Pos- sible Hitch. BY J. C. ROYLE. Special Dispatch to The Star, NEW YORK, December 12 | United States government cannot fur- Inish business with legal advice. Neither governmental departmenty [por their executives can rule in zd- vance on the legality of a course « business action proposed by indi- vidual corporations or commercial o ganizations. That was the message and the warning carried to business }men by the announcement the retary of Agriculture ti: “there scems to be mo occ £ action at the present tim in con- nection with the proposed purcha by Armour & Co. packers, of tho assets of Morris & Co., rival packers. Business men today took the nouncement to tion: At sion e of their own ¢ nd then let it r not the emplatoc - provisions of the books. termined wh as perform. was within t} on the statut The eme Seeret s it on tha ey Gene; Daugl - vigorovs indors maintaln Commission that possibi- prosccution could business in_advanc.. bused on the facto~ from be guaranteed That stand of intent. Opinion Field Important. One of the members of the co sion pointed out, in illustrating point today, that olver in hands of a citizen m defense against a burglar withe transgre: & the law, and m t be used smmitting a col premeditate ithe terms of a re cht be used s 1 tion might themselv within the legal iimits, the oper: tions of that merzer might tend establish a monopoly or res’caint trade. This ruling ness men regarded by b cially wig ernment thorities DNimits might be set on their « 1 The commission has held that in & eral trade pciations were 1 I mate outgrowths of business of i 1possible value, but that they } strong potentialitics for evi! jthat their actions could mot Judged in advance, Bix Merger Seems Certal The declaration of the Attor General the lega seemed nece: regarded b; cant because { { hat no action or opinion ¢ of the Armour purch: at this time Ty busing while if the Arm Mo Pacific gen 48, 6 inter, spot, no guo. | uee: N O Tex & Mex Inc 5 2 o red win garlicky. | f:;uff::mm‘{\ e ‘:tc A NOT& Mex 45 Ao 1333 : No. 3 red winter. garlicky, 1o | petitor, it js possible that, while t: N ¥ Central deb 6s uotations; December. 1.33%. -ousolidation might be bevond 1 NF ocaterin e Sales—Bax lots of earby at 95, 7 de e NYCentLCeclt3%s 1 Sorn—~Ce i S ecretary of Agri New Haven cv deb 68 3 perl Barrals eaniraet. toor 5 b and stockyar N Y West & Bos 4%s 23 bushel: N $438: No. '?0 < 8N DET st it might be subject to prosecutio Norfolk & West cn 45 3 Hons e i i <2 q“’l"“- by the Department of Justice if Norfolk & West cv 6s 23 toibeitor Siper BuRnEl L L i ] posia Gresmctia e tenpuosSivEinIDE Northern Paclfic 3s... Sales—Bag lots of mixed, delivered, | S mpe oo el So Northern Pacific ¢s. at 0 per bushel, The opinien was packing circle: expressed ago and_els i Ch L A creriopien o) aSate—White, No. 2. 343 per bushel| wicre that the refusal of the Secra- 2 ] ek, DBt {tary of Agriculture to give formal Ore Short Lref 4s... 3 by, 83295 ‘per bushel: No. | S Tbrorat T et Tiiee Ore-Wash 1st ref 4s. 28 ern export, spot, 1.02 per Lush- o AL e Hiatsome or S Hh e Paris-Lyons-Med 6s. 85 - 3. 1o quotations _ merger. _which involves approx:- Pennsylvania gen bs. 8 Receipts. 83 tons: market for | miroi™ <0000k 000 in one way ar Penn gen 4%s.. = top grade of timathy and light clover ZUCGE" y Pennsylv 3 mixed, 16.00a20.000 per ton, and fori Penmhv}:::%fl";‘ s g good mixed, 16.00a1 Other Business Comment. PersiMamRsos g Straw—No. 1 tanged rye, 1 dition of cattle growers all ov S A 16.00; No. 1 wheat, 10.00a11.00: No. 2 | the country is reported slowly to Portl'd Ry L 3 S = _ | oat, nominal. 0a12.50. improviug. Siightly better prices for o Ry L Ldstoa i ensesi i are TODAY'S CHICAGO PRICES. ! stock are being quoted, the ranges Reading gen 4s. 9 85 85 &5 DA 2 °S. lare in good condition and many grow - 2 CHICAGO. December 13.—Influenced i ars are in position to hold their herds {StLIM&SR& G4s..21 8 &5 6 [by a fresh upturn in sterling ex-i gt 3000 g A R L it {StLIM&S45°29..0 1 8% 86% 5% | change. the wheat market here aver- | g 0 WPl ISR U U ST E0Y TR StL&SFprindsA. 6 7% 7% 7% |aged higher today during the early | (iv€'¥, 310 Ca6, TEOECH SFprinss. .. 2 & 8 6 |dealings. All deliveries touched a) o0y SLane THONE W0 0 purs 5 2 9% 99y g9y |new high-price record for the season | cp.cks for tremendous ameunts 1o s 46 69 sew g9 (A trade review dwelling on shortage ! embers who have saved by this s 7 W s g |in world production of wheat as com- | ol e av s 5 a92 3% ®apared with last vear induced con- N e W 1st ds o) %150 derable buying, but w. D enon p San'A & Anl 2 _',:‘i Z: J ;:v et by forecnsts of EnoEfons e o) 2 - 1 8% T 7% the entire domestic grain belt. Open- ST rese of 00 Seaboard ALref4s.. 25 0% 9% 39%|ing quotations, which rangcd from Sear already are in proces PR ::‘t;oun;:tcgr’-: T higher, with May 1211 tof tof oar adfSs. 4 2 nd July 1.123% to 112%. were . SeabTd A L (sta) 4s. & 63% foilowed by moderate further gains !COtton Crop Estimate Sou Pacificcvds..... 84 924 Corn and cats climbed with wheat, | * Sou Pacific ref 4s. &7 May and July corn reaching the top-! Considered Too Large Sou Pacific cl 4s & most figures vet this season. After Southern Ry gen 43. 107 8% opening _unchanged to 7, higher. | Speciai Dispateh to The Star. 4 Southera Ry 18t 6s... 11 97 aAsiays thescom market scored uUDP-; XEW ORLEANS, December 13- Lurns around. . i There I8 a generai feeling of relicf g‘;‘(x::?l“::v‘*. 32 Oats started unchanged 1o i off.i 1,4,y in this section that the I A T ol s May 45%. and later showed a Sub-ipartment of Agriculture’s final esti- Y vead)Bs..... 10 6 Stantial general advance. mate of the cotton crop did not up- Union Pacific Ist48.. 12 81% 91} SUs{ Provisions were bearishly affected ] tit'the marker as it did last year Unlon Pacificcv4s.. 15 95% 9% i | by weakness of hog value The best informed cotton men hers | 7irginia Ry 18t5s.... 11 7% 87 :7%| WwHEAT— Op: Close. { believe that the estimate of the gov- Wabash 1st 5s. -1 98 % 8814 | December. 1355} drnment. placing the crop at 9,960.- ‘Wabash 2d bs. -1 134151000 bales, is aimost a quarter of Western Maryland 43 7 14 | miltion bales more than actually wil Western Pacifiz 5s... 2 33, | be produced. About 65000 bales will Wheel & LE con fs.. 1 have 1o be ginned during the ro- mainder of the Scason to bring th TOTAL SALES op up to the government estima am.. 3195000 - noon, ch ginnings would be nearly doubi 1p.m. those of last vear. { URITIES. (Quotations furnished by Redmond & Co.) —Noon.— Bid. e Aluminum Co. of Amer. Ts 1923, 108% dogsg | 45+ 0. Almnihuin O 8% 10ssp DAIRY MARKETS. American Sugar 6 193 1013 BALTIMORE, December 13 (Spe- Ametican Tel i Tal clal).—Poultry—Live turkeys, pouni, American Tel. Tel. 65 192 Anacondn Copper g, 1920 Anaconda Copper 75 1929 40250; poor and crooked breasts, 30 ; spring chickens, 21a23; leghorns, Holiday trade showed further im- provement today and is runn about 7 per cent ahove the ngures for this time last year. %Cold Weather Big Help i to Chicago Business ! Special Dispateh to The Star. i 3 ccember 13.—Clot nglo-American 0%l 20a22; leghorns, 17 | deales des joyously w Avhon & (o 10 1980 10435 ducks, 19a2 | ymed the first severe weather of th Bethlehem Steel 75 192 1041, geese, 2la: cinter throughout the middle west Erii e O 015 pigeons, b guinea fowls. | this week. Purchases of winter cloth- Centealiientterfuaiuzs: 98in -ach. 10a7 turkey=, | ing have been far below normal, and gilp:(é; Export A s 195 }::}4 pound, 50: Poor and ! the drop to zero temperature caught Coper Export 1os crooked breasts, 35; chicken any unprepared. Du Pont 7ts 1931 10788 gld roosters, 15; ducks. 24a; ag department stores already Goodsear T. & K. 8 24a30. : remendos stmas ‘G’:fry Northern 7s 1936.. 1!":: Eggs—Loss off. native and nearby ! business. store reported toda Hocking Valley (i 192 10055 firsts, dozen, 50a51; southern, emphasizing quali e i Butter- -Creamery, fancy, pound, ity, while another e it Copper fn 1900 il prints, 56a5S; nearby creamery, 45a | firm, rex” medium-priced Liby, MeNefl & Libby 7n 1931..0 1011 47; ladles, 37a38; rolls, 33a35; store | goods, stated people were buying packed, 33; dairy prints, 35a36; proc- St P, & S. 8. M. 6%s 1831, 2 g ess butter, 38a39. Morr. & Co. Tigs 1630, nn 75 1930, Paul Union Depot 5 Sears, Roebuck & Co. Southwestern Bell T 1935, Standard Oil of Calif. 7a Tidewater Oil 6135 1931 Union Tank Car ‘7s 1930. Vacunm Ofl 75 1936. Weatern Uaion 6tas 1938, Westinghouse E. & M. % FOREI EXCHANGE. Selling c) heck: 1: — " CALLED BONDS, Boriin, o35 Security, Date Called. Price. | Rome, lira S04 Consumers Zarich, frauc 1m Consumers. Athens, drachma ‘3% 3 Madrid, peseta . Consumers’ Vienna, crows Cosden & C: 1xt 64 1926 "Apr. 1 75 1923 Jan. L Warsaw, mark . Copenhagen, crown Christiania,” crown Stockholm, crown . By the Associated Press. NEW YORK. December 13.—Foreign exchanges, firm. uotations in cents: Great Britain, demand, .0465; cables, 04653 : 60-day bills on banks, .0462H. France, demand, .0710; cables, .0711. Italy, demand, .0500: cables, .0500%. TODAY’S WOOL PRICES. BOSTON, December 13 (Special).— The wool market was quiet today and little added activity is expected until the turn of the year, but prices were extremely firm ahd the whole tone of the market was strong. Dealers feel that demand from the mills for the next heavy-weight season will be heavy, and added strength is predict- ed for the finer grade wools, as well as the medium qualities. 'WABASH AFTER LEASE. KANSAS CITY, December 13 (Spe- cial).—The Wabash railroad is ne- gotiating for a lease of the tracks o the Missouri. Kansas and Texas roac from Moberly to Hannibal, Mo, Belgium, demand, .0653; cables, _065314. Germany. cemand, .000125: ' cables, 000126. _ Holland, demand, .4003; cables, [0407. Norway, demand, .1917. Sweden, demand, 2690 Denmark, demand, .2089. Switzeriand, demand, .1897. Spain, de- mand, .157. Greece, demand, .0135 Poland, demand, .0058. Czechoslovakia, demand, .0316. Argentine, _demand, %12, Brazil, demand, .1225. Montreal, 994, —_— ‘The petroleum output established a rew record in 1921, which’ was more than double the output in 1312, (Quotations furnished by W. B. Hibbs & Co.) | eret handling men's wear reported more utility pre: buying than nor- ol Jewelry stores are doing a good business, but prices are more a factor in that lins than in former vears. Steel production in this district con tinues to increase, railroads and firm Toplement makers being heavy buye ers. (Copyright, 1922.) —_— CHRISTMAS TREES CHEAPER. NEW YORK. December 13.—Christ- mas wreens this vear will cost slightly less than they did last ye accordinz to & report by the Stute department of farms and markets. The report quoted prices on Christ- mas trees, holly ard pine ropins, showing slightly lower prices than in 1921. About 100 carloads of Christ- mas_trees already have arrived on the local market, the report said. _— BUILDING COSTS JUMP. BOSTON, December 13 (Speclai).— The cost of building in New England today is steadily rising. Labor costs are 95 per cent above the levels of 1914 and materjals have advanced 70 per cent in that period and 26 per cent higher than on January 1 last. —_— PARIS MARKET FIRM. PARIS, December 13.—Prices were firm on the bourse today. Three per cent rentes, 59 francs 40 centimes. Exchange on London, 65 francs 50 centimes: 5 per cent loan, 75 francs 15 centimes; the dollar was quoted &t 111 francs ¢ ceutiwes.