Evening Star Newspaper, December 15, 1922, Page 28

FINANCIA JOIN OUR Christmas Savings Club SAVE 50c ffty weeks and get $25 "$1 fifty weeks and get $50 $2 fifty weeks and get $100 $5 fifty weeks and get $250 $10 fifty weeks and get $500 PLUS 3% INTEREST Enlist the whole family if you can. At least, start one account. 2 McLachlen Banking Corporation Southwest Branch, 1350 B St. Tenth and G Sts. N.W. JEWETT OAThrifySixBuils by Toige You know it — if you have ever ridden in a Jewett. And, in addition to the greater per- forming ability and comfort of smooth, over- lapping power impulses, you gain a positive economy factor. Decreased vibration means decreased wear and tear. That’s good mechanics — and common sense. METROPOLITAN MOTORS CO. 1028 Connecticut Avenue Main 5724 e = Commercial National Bank Fourteenth at G Stree: i The Fruits of Saving I'his one account in our Savings Department is typical of many—and a forceful argument for the sense of saving. The account was started in October, 1916, and has been continuously added to with varying sums— until it now amounts to §2.888.66. Of that $29440 is interest earned. The owncr of the account is a lady—doing her banking with us by mail. Think it over. We pay 3% interest for every dol- lar every day it is on deposit—compounded semi- annually. The Bank will be open tonight, the 15th, Until 5:30—for your convenience. JAMES H. BADEN. V. Pres. and Cashfe: LAURENCE A. SLAUGHTER, Vice Prosident. T T HARRINGTON MILLS. First Vice President. JAMES B. REYNOLDS, Vice President. Santa’s Noiseless Arrival Arrived for Santa’s-noiseless delivery—this greatest gift for travelers, writers, students, business men and women— The Noiseless Portable Typewriter This soundest built little writing machine is It arrived in a handsome, special cowhide case — choice of tan or black—with drawer for stationery, plush-lined. See it to- day in our convenient showrooms. Main 8379 soundless. District of Columbia, Maryland, Virginia and West Virginia Experienced AdvertisersPreferT heStar GERMAN LOAN TALK THE EVENING STAR, WASHINGTON, D Received by Private Wire ,é Direct te The Star Office FRIDAY, DECEMBER 15, 1922 ~ MARKET IN BONDS | FINANCIAL. v vorx BONDS 7o mma] Received by Private Wire Direct te The Star Ofice. it i o B UNITED STATES BONDS, RAILROADS. g Adams Express 6 |Magma Copper. s 9% Y M (31,000). High. Lev. Clesa. Woon. i Adv Rumley 1434 Mallison & Co. 8 8% W% K Liberty 3%s... 117 Atchison gen 48 4 Adv Rumley pf. & |Manat! Sugar. . 0 B o 4 Liberty 1st4s.. 3 Atchison #4 4 ‘ Aasica Gota. % TR TN annattanshine. & & 6 @ Eiberty 2a 430, o8 Ritmie S 2% ; nhattan Shirt. . erty 24 4%s. &2 IBoost to Copper Industry Alsska Juneau sy B0 w1 1 [MarketSthy. Dl w6 % &6 & Most Interest Shown Today Libercy ad d3e: oo i ed Chemical... T84 &% 8% arket St prior..: 8 &% 6 Foreseen—U. S. Steel and [AlMedChem pf. " " 1o% 1 1% | Mariet St Ry 2d... St e 2% in Short-Term Obliga- 3,‘::;:;::. 53 e Allie Chaimer % 4% % 4% Marland Oll.. oy by ey Y 9 Victory 4%s(c) 1 | m AgrChemical. 8% 81 8% 81 |Marlin-Rockwell.: 1 12 12 12 - UR4Ks1953... 88 C. & 0. Strong. ‘Am Bosch. . B64 BT B8 86% |Martin-Parry. B ey 28% tions. | . ™% W TPW 7% Maxwell (A) B% K% % FOREIGN GOVERNMENT, STATE B&OBWdirsys... H 5 m;. mfi nz:: m’; :uxv[v)ell =) 1 W% 1% AND MUNICIPAL. B& O Toledo div4s.. Y 7 el .« 182! 184! A t St . el BY STUART P. WEST. e i e I S :“’ BY GEORGE T. HUGHES. (81,000). Righ. Low. Close Special Dispaten to The Star. Am Cotton Oll pf.. 874 08T 873 8% [Mexican Pete..... 240 260 240 | Bpecial Dispateh to The Star. Arxentine 7a 13 100% 100% 100% NEW YORK, December 15.—The [AmDrugsist..... 64 & G4 64 |MexicanSeabord. 6% 16% 18 18 | NEW YORK. December 15—The e E ] o el principal point of interest in the ™ Hfi’:;‘u-p! I:‘ l;‘ l&‘ :‘E:’invrgosp;t:rcm.- ;‘n‘: ;5'2 x 184 1bond market continued today with- 18 10% 107 100% | Canada Southers: Gs. financial situation today was the re- {4 rce, - :M 108% 108% 108% ' Middle Sta.cex bxm % 1% l;“ Tiag | Ut definite trend and for the most 112 1% 111% | Canadian North 614s. action of the markets to the over-\AmIcepf......... 8% 88} % 88 MidvaleSteel...., 2% 20% ey 2% PATt With lessened activity, % g""::"‘ North 7s... night report of a big German loan [Am International. 8% 28% 26% 26 MoKan& Texas.. 13% 15% 1% 10%| The uncertain feeling as to the fu- ot esan in which America will assume the |AmLa France.... 114 I1% 1% 115 Mo Pacific. . 16% 16% 16% 164 |ture of prices s i1l TN 2 AmIt D ustrated by the Central RRof N J 68 2 ttiarive. |Am Linseed....... 31% 81% 3i% 31% Mo Pacific pf. 2% @% €% %] demand f = Ches & 4a Am Locomotive Montana Power... 67% 67% 6% H nd for short-term obligations, es & Ohio cv ba. .. 33 This ceport had its effect very |am Loco pf. Montgomery Ward 21 22% 21 g4 |Perticularly with maturities of afC: Chea& Ohlocvilse. 6 promptly upon German marks, which, |Am Metals % |Moon Motors. .... 18% 18% 1% 1% |Year and a half. Seers-Roebuck (an84a Bifwiszy. gnfim{ml s 1t having hung for over a month aj|Am Radiator. us us us |MotherLodeCltn. 1% 1% It Ii%|notes on G.25 per cent basis and the il Chi & Alton 33a " & 001%. rose approximately to '“‘""""Am SafeyRasor.. @ M T | o Biscattw.... s s @ g7 |ATEentne Ta around'par were eager-| Chile o 19 1% 101% 101% 101% [Chi B& Qgen 48 1968 1 French francs were still more re- I'\ll o 5o 6% teve oSk G NatlCloak & Suft. 6 €64 6% b 1Y boukht Both mature in October, | Chile s wng 108 100% [ChID&QIst & rfs. 6 sponsive, selling well above the .0730 |Am Smelting pf Sk B m™ v |Nati Conaute.. T 1% 1923, end form a convenfent medfum | Chile 8a 1941 11 1% 103% 1034 Ch! & East Il gen 6. 15 cents. as against the low of .0635% |Am Steel Fay.... 30~ . s om|NatlEnameling . o et @ | [0F Such cautlous investors and tad- | Chinere Govi Ryda. g g B W | Oroat Western dx ) {2 week ago Am Sugar. W% 6% oW 5% |Natl Lead. 120 120% 12 123 | igemho do not care to risk any con-|Chriatanta Sa. L6 108% 0w 108% | Chi M & St Pref di4n Leas Al icins Coppieri ey 2% o4 20 29 |NevadaCopper... 1% WA % W iprice of thelr securitien ¢ e 3w e wer ghh::::g:;ffl;fl' On the stock market of the day the [Am Tel & Teleg... 135 1% 1% 126% |[NewOrTex & Mex &1 & 51 8 Tax Selling a Factor. cplianiaihi ] = B N e v { German loan story had some influence |Am Tobucco...... 185 186% 166 166% (N Y AlrBrake.... 27 28 2 28 2 1 M miciom) N 2 9t B 3 upon the shares of copper smelting |Am Tobacco (B).. 183 183 188 163 |N YAIr Brake (A) % s s« Another factor which tends to ob- | Drn Municip 1 108% 10t companies to which the restoration of |Am Tobac pf (n).. 108% 108% 103% 108% | ¥ Central.. oY% W% 2% scure investment value is the amount | Denmark fx. .2 109% 100 ) 7 German buying power would mean a|Am Water Wks. .. 24 8% 2% 28% N YChi&StL g 6 @ @ (P Ealing wiich precedes tle]Denmancs S0 0% Sei 2 great deal In the way of new busi- 'Am W Wks 6% pf. 501 60t 0% 60% !N YChi&StL % 8 s |frstof the year Bt Paul Londs for|Dominican Renfn'st 3 o4 9% 2 ness. On the other hand It could not [am W Wka % nf. sl 614 6% 863 |N Y Docl . o B &, linstance, were heavy again today.|nutch FastTnaes-ez 4 eva w 12 be set down as the reason for the Al Ci8T%PE. SBe SHE CHE SEIN v nockpf. L B 89 B B | e e ey e oad, | Dutch East nd 6s 62 % S8l WY o ySirength fin ihe steel etocks, which \n, woolen pf.... 18t 109 losk ooy NYNH& Hartfd. 24 22 2% 21% I Thin weaknens can only be wscribed | poncy Z0vt T e was che other gutstanding incldent |am Writing Prpf. 26 2% 2% a5 |NYO& Western.. 205 2l 2l 2% |elther to liquidation of estate hold. | Tt o 7he.... 33 M o4 . O e Y ocre the explanation was IAnaconda © 5% 49 49 |Norfolk & Western 1123 11z 111} 11115 ings or to the recording of losses -2 Jotls SOEL Cleveland Term b5, ¢ el sy e tven monthe ame of |Asso Dry Goods... 6 6 6 6 |Norf&Westpf... 7 1 @ 7 |for the income tax purposes, and the 7B N N & Southe s ik 2t an impending extra distribution on |Atchison tot 101% 101 101 (North American.. 81 9 %% ' %' latier is generally believed to be the | Tapanese d SASTRE AT Demumen United States Steel common stock, |Atlanta Bir & Atl. 1% 1% 1% 1% |North Americanpf 45 45 4% a3y |more important. = The effect, how-|, . ¢ M % opl |Del & Hud 1st & rfds 5 the fact that steel and iron produc- jAtlantic Cst Line s 123 12 g |Northern Pacific.. 7% 8% % 76 |EVer. Is to discourage purchases, even | VORTTR. 7 By Del & Hudson 5%n.... § tion is holding close to a maximum. |Atlantic Gulf. . 291 o8 2% by fhose investors confident of the | Varseltion 2 m% B P!DenaRinGoontm. whereas, ordinarily on the approach (*Atlantic Ref 1215 12150 1215 'CKlahoma Prod 16 2 m 20| Tuture of ithe ralironds. ol R B ax|Pena&racy > of the holiduys there Is @ lull. and |Atlas Powder pf... &1 & &1 s |O°Ptario Silver S % b% %] Another unexplainable feature of to-{Netherlandsa...... 60 s} Wi % |Den &R G lstrerse. 2 fally the prasence of & short Inter [AUasPowderf... 81 & 8 8 |orpheum Cireuit.. 1% wh 18 13 [d8Y'S trading as compared with Thurs | Norway 8 @ 11 g 11| Detroit United 4n. 2 est_which until today had tried to Iniliciols. 1 |Otis Blevator. . .. 145 16w 45 1oy |d8Y's was the activity In Libertys at|Norway 6s ctfs. 23 100k ou ey |PrleconextTs. ... 7 stand its ground. Austin Nicholspf. 8 8 8 8 |ojgSteel Sl o o (l‘.l;wea quotations, The exception was T B B I.E::em con ¢ D3 i : e 2 9 e first 3%s, which advanced against ¢ e gen & 2 i Chewapeake and Ohio Jumpn. Buldwin Loco 1% 128% | QU Steel pt. & & & 6 UG (rind. Here aiso the efiect of the 2 I don o | Erlecon 4D a The report that the Van Sweringen {Balto & Ohfo. ... s, qay |Owens Bottle. . 81 2 31 37 |income tax Is secen. The market for| de 1. - Gr Trunk » f deb n interests were after control of the |Balto & Ohio pf 5% 5% |pacific s e b lany tax-exempt securities continues |21 e Jan &a 3 9% 9% Y| G nd Trunk Ts...... 7 Chesapeake and Ohio was confirmed |Barnesdall (A). 2 % 2 2 |pacific chelaxg. a O % {very good, as is -shown by the rapid 10 deJan8n1947.. 7 94 M| Great Norti ger 7a.. 13 by Chesapeake and Ohio officials, who |Beechnut Packing 5la 62 &% 80% | Licfic Gas & El 8% 8% . male of the new Philippine government | 2~ Panlo. 8t of. 8n.. 4 WY Y| oot North eon 1in 13 admitted that the Cleveland people |Beth Steel. 6% &% 6% e |Daciicoll o 46 45 MY 4% | issue. Seine, Dent of, 2 e e R A W a1 had conferred with them. The over- Sk 6 S Pac Tel & Teleg pf ®2% ®4 %k 2K c. Solsmons 6s. e 8 ) mhEbee X Beth Steel (B).... &l 6 &4 € |p, : . & O, Bonds Stremz. Hudgon & Man ref 5 16 nlght news regarded the effort to |peii <ii%e (n) e 2 @ | Puckard Motor W M oK k] g O O Bends Stren Sefien -~ Sngis Hua R link the important eastern road with | DEtRSIL T (B) - % % % lpun-AmerPete. . EmN B 0 BN |0l (he strensth 10 Chempeare arg | Swien Confed n f8s.. 14 " ofson 3 Men afl)Gs’ 7 link the important eastern road wWith |gooth Fisherles | 4% € % 4% | Dot AT Eote(B). Tre T e ! Was the strength in Chesapeake and {00 KO . . T Central refds..... 3 { Western and Toledo, Louls and (British EmpireSt. 9 9 9 9 lpapnandleP& R i 4% 4] ey entinlelon \The lact thmt thel v Bi4n e zg> v SO Al NS B Western brought a rush of buying [Brit lim Stl 2d pr T e e e R e} Sonverible intor common firal Kimedom Siga-at 1 inore tons Tnter- dicactinste. 31 orders into Chesapeake. Opening at ;Eklyn Edison. .. 116% Z e s Iasies ihen kensitive to ¥ 3 Sice 5 Tn*er Ran Transit fx. 5 { Thursday close, it moved up to 71% {BKIyn Rup Trctfs % 1% 125 13| peobies Gas. ... " |iment lof: the plani of the Van Seer: MISCELLANEOUS. Tnte- R Tronsit 7o w i % | before much stock was offered for |BKyn Union Gas.. it 115 115 15 |perbnes O88, - 353, | Ingen to add the Chesapeake and Ohio | 4% Rubber 5. s e 9 o |Tot&GrNoradyis. 22 sale. Burns Broa(A) Pere Marq pf. 6 | to the rouds there Cleveland financicrs | Am A€t Chom 7is.. 7 10 102 107 lowa Central Iut 5u.. - Phillips Petrolenm Lower. Burns Bros (B) Philadelphia Co. .. % | @iready control stimulated both bonds | Am Cotton NilAs..... 10 Wy B4 TR Kan Cty Sou 3s 1950 Phillips. Petroleom szosk. selling |Butte Copper .. Fhiladelphia Co pf %1 .nd stock. Aside from the speculutive | Am Smelt & Rinths 26 @% % @4 | Kanmanre €onfn . ex-dividend, continued to decline on |Butte & Superior. Phillips Pete @ |feature the bond fs umply- securedAmSnracRafGe .. 61 1M W0 IRWIKEDECECRE T e o o G ihe (camuany cons |Buttericics: . Pl 4. | both by property vulue and eurning | Am Ter & Tel ev « 116G 11e 118% | Lake Erie & ¥ 15t 53 ramplatedl ome new fnancing. Ru-i . Do % power. Present estimates are that the [ Am T & T o ¢r 5 10 WG MG Rl | Labe Shoms da 1900 mo's to that effect have persisted, de- {'addo Oil...... . Plerce Ol 0% (final resulty for the year will Show | Am T & Tcltrds . Luke Shore 4= 1831.. spite the fact that people particular- |California Petrol. Ele s o 4% | #bout 12 per cent for Chesapealte 4nd | Antan Jere-ns & Lehigh Valley 6s.... |1y interested in the situation see no |California Pete pf. it g3 Ohloreommoniterke B L rmonr & Co 4te Louis & basis for such action. The company |Callahun Zinc. ... {Plesly- Wiggly n the forelgn list United Kinzdom | ,¢iantic Refining La& NWss has outstanding about 700.000 shares |Calumet & Arizona [Eltts& W Va ... Yo SL U051 comtiued to be SRAGRDSN! Vol g n | of stock and its funded debt amounts |(anadian Pacific. . Pond Creek Coal. . nycalore | And the Antony Jurgen oo e | Manhattan Ry cn ta. lto $3.500,000. Bank loans are report- iase (J 1) pf Postum Cereai. | asts Dioln investors| and iapeculators. {{E L1 e BItS DT Murkat 8t Ry cons 38 led to aggregate about $4.000.000. Net |ceniral Leathe Preducers & Ref. . «y j Brazil Tles aivo made a new high, al- | Pethierm Sieel nf * 1 Mil El Ry & L 1st b toperating Income before tuxes and ! Gemsral Coath of Public Serv of N J s21; | LDOUEN _the steriing; exchange ‘market | Prler Wit R0 151 K13 [ M & s v | Genrectation has been running at the |G chiral Leath pt. Pullman Co....... 7oy | comtinued irregular. Pty B o d= T2 et Dl | rate of $800.000 @ month. and the csti- | et itarNg Punta Alegro. | New Inaues Abvorbed. Bush Tin Bldg 55 '&0. mates of current net earnings arel . s |Pure 0il. .. Perhaps the most encouraging featu niaced ut least $10 a share on the lUertain-Teed.. sEeel Z | or the mvestment market Is the con. | ontral Leather b3 I Chandler Motor. ¢ !Rallway Steel Spr. 114 14 1 11 |lnued good absorption of new lssues, | oo AC Paeca S Premiera’ Speeches Unheeded. CiieRsgike LAOhio. Ray Con Copper... 13% 13% 13t 1si|4lthough this applies more to preferred | T1i1~ Topper & B Ches & Ohjopf wi.102 12% 12 10% |Reaqi 4 istocks than to bonds. The Jomes & . The markets of the day paid little | (i g Bast 131 pf. oo ng: B s T Talehlin Steel preferred. for instance, | Comn-Toh Rec 65 41 or no attention to Thursday's speech |, 5 = Reading 15t pf. B2 B 5% |sold today almost 2 points above. the | Con Coal Md et f e of the British premier, in which he % I Reading 2d pf 5 62 B &2 |price at which It was offercd early In | Fiws Cone S o Aok va asserted gland'y inability to pay Rels Robert 16% 16% 16% 16% the week. o feoben aAm Ruearse. Montreal Tram Ist s 6 e T e oo e |chl Groacwot Reviogle Steel . 2GS0 zata | — [ Dot Edimon raf fx, 1t N Y Central doh6r .. 8 | froem “the "other ollies. o to the{Chi il & St P. Benjrone Sl L G {1 Pont @a Nem 7us 10 e 107 107 [N Y Central debds 3¢ 7 { declaration of the French premier to- |Chi Mil & St P pf. Lo 3 x| | Duguesne Licht @s_.. 2 1My iy 1wy | N ¥ Contref inbs . 55 i = Reynolds Springs. 32 §2 5 25 {day that France proposed to occupy |Chi & Northwn s i Duguesne Light 74, 4 107 107 107 | New Havencvdehén 4 {the Ruhr, if this was necessary. and |Chi & Northwn pf. ySteel Sprpf... LS. LS. AI8. 118 75 w5 [N OTex & MexincSe 5 that she could not possibly pay With- {Chi R 1 & Pacific. ReynclasZob (). ek ins Gy v H 2 4« 4 |New York Rysadiss. 10 | & w | RoyT ; out getting what was gue :c'ri rbrnm hiR T & P 6% pf. Royal Dutch...... 613 bi% &1 & | i S wes wh gy NY StateRy dus. . 32 Germany. These attitudes had been 2 ’ . S v 8% my o | NY Wes & Box 4be clearly understood at the time of the .h::fn t"‘[’l:’:e"‘_ .2! io;egh L;ml.,,. 19 19 ol 19 4 B e s | Norfolk & Westen break-off of the London conference i\ Pilo Cobher: SiL& San Fran. 2t Fion Plectric deh 5=.. 5 100% 1% oy | Norfolk & Wext cv 68 lat the beginning of the week. They !\ -uett beabody St Louis Sown pf. 8% s 0 GenPetintorlar 6o SRk * ‘a2 | Northern Pucific 3s. { Were, therefore, treated in the nature |Cora-Col Saxon Motors. % 3 ractorles fa.. & il . of old news. Colo Fuel. Sears Roebuck. 6% Gondrich (RF) 61%a. 1° 101% 1014 i0-1z | Nor'hern Pacific 48 e Dotk market reached its high [Columbia Gas Sears Roebuck pf. w07 | | Goodvear Tiresa's1. 13w e e e p e, poins in_the early afternoon. In the |Columbia Graph... 2w 2m Zh 2% |Seneca Copper.... s iVan Sweri Int t | Goodyear Tire 8541, 20 Northern Pacific bn. Tast hour the buying movement in the [Columbia Graphpt 9 9 8 9 |Shell Trad & Tran 8% | weringen Interests: - 5 Ore & Calif 15t 5n industrials slackened. Tobacco shies |Comp Tabulator.. 7% 7% 2% 2% |Sinclair Oil. ot l-Xa-Amer N 188, ® Ore Short 1. ref 4= were run up. and So were one or two !Cons Cigar. % ek | Skelly Ofl ' Want Outlet to Sea at Hurble on & RE L Ore £h L can 58 48, of the oils. but weakness developed 1n |Cong Cigar p Southern Pacifie.. e {Trd'an- Stealfs..... § Ore-Wash 1st ref 4x. aome of the railway shares, and thiS i o10 Gus of N Sou R“‘_ 2 Lo | Inter Agr Corp Ss. 1 Paris-Lyonx-Med 6n. had the effect of bringing about a{ ol i e el 1y Fort Monroe, Va. {nter Mor Marine fs. 21 Pennsyivania zen 8a. general reaction. | Cons Textiie . SoueI I ‘x ’ iTnter Puner Intfe R, 4 Penn gen 44s. Great Northern Breaks. ContCan.. . ... 1 18% 11 11k |Standard Ml pf,. i {JeeHayng.s £ i1 Pennsylvania €4s Wall slreo}]rhad‘?fld‘f“ Yflii‘ro‘fh Te- | Continental Motors 1% 1% 1% 11%|Stand Oil of Calif. 16 Iy the Askociated Press, :;(,:my:;r:l;fl:m » 3 ::::fi?o:‘:{om i e Great ern I . P 1 q NN T ORE x - Ly 2 e ports regarding the Great Nevthe:h iCorn Products. 1 |Stand Olof NI wl &0 @ 295 @%| NEW YORK. December 16.—The Van | Magma Coppercvs. & 1% 10 114% | Pere Mar Tnt S5 presumably at the meeting on Mon- {ZORUEH & 0. S1% | Stand Oll of NJ pf 1163 116 11ehs 116% | Sweringen Company of Cleveland, finan- | Manati Suearxf7iis o %y 8 @ | Dere Marg Ist 4 | 8av nex: Today it was disposed to i TUCIDIE Steel - 14 | Sterttng Prod. 55 5 | iiors, are negotiating to add the Chesa- | Mariand Ol 7s. 5100 1™ 102 |Readinzeends... | !look for 2 cut. Great Northern y S bar AS 15 T oh |Stern Bros pf... 163 | ake and Ohi Wrsad heir Mexican Petrol 8. 2 10°% 107% 1074 | Rin Grande W cit 4 ) ferred stock Lroke sharnly, and car- ('uban Am Sug pf. 2 |Stewart-Warner. &l | 0 railroad to their trans- | yiq ;10 Steel 58, B B% fB% SWm |R1Ark& L4 Med with It others of the ralls, es- Cuba Cane Sugar 14% | Stromberg Carb. 61% | portation holdings, it is learned In the i arantana Power B el E pecally the stocks of the northwest- {Cuba Cane S pf. 39% [Studebaker. .. 132% { financlal district. Taey now have an|Morris& Colst4%4s. 10 8% 814 87% |StL&SFprindsA. ¢ ern carriers and Union Pacific. S talonee 217 |Submarine Boat. 73| option on the holdings of Henry E.|New England Telbx. 87 4 % (StL & SFprinbs. |Deere Co pt. . 7 |SuperiorSteel.. 8% | Huntington, chairman, of the board. It | New York Ed 1st6%: 14 110% 110t 110% [ 8t L& S Finc i TODAY’S COTTON PRICES. |DeBeers... 25 [Tenn Copper. 53 | 1s understood tnat it this option, which |[NTCE LI AT 3 e s S| PR Q Sl | 9 {Del & Hudson 116 |Texas Company ¢ 47% | expires early next year, is taken up con- 7 StL&& ¥ prinésC. i Del Lack & Watn IR T o 2 17 105 108% 105% 2 C. 9 | German Loan Talk and Foreign EX- { Dome Mincs. ... . | O . o | Lot tiepoperty willigolwith (T 3w sy ssu|StLSWistds..... 1 1 | Depontidens: B X Zie| van Sweringen, chairman of the New | North Am Edison 6s. 13 % % % | 5an A & Ark Pass ¢s. 1| change Help Market. H 2 Thicd Avenue..... 163 164 164 16% | York. Chicago and St. Louis rallroad, | NorthStatesPowfs. 8 o, ® %24 :::::::::::d :'- 2 [ NBW_YORK. December 15—The [EITIORS 82 Tiinken Bearing.. ® S | was in New York today conferring with | Nerthwest Bell el Tas0 108 107 18 ] | realizing which developed as prices | iociy Tobacco Prod. 5 5T% 6% b7 |officials of the Chesapeake and Ohio. A : : e B A e orn Coal. 24 2% = Pacific Gar & E155...16 %% @4 24 sporoached (Ciie) 36 cont i Elkhorn Coal pf. XobiceoBrodA. 88 806 8% | None of these executives wou'd discuss | pac Tel & fel6s'53.. 14 91% 9% 61% | cotton market yesterday was in evi-|Elkhorn pL 4 |ToIStL& West... 6% 6% 6% 67% ! the situation. Mr. Huntington was sald Souther Ry 1st bs. | dence again at the opening today l::mer:on-Brnm. 8 |To1StL& W p 8 B6% 65 65w |to be in Pasadena, Calif. Phila Co ref 6s A. 16 9% 9% 6% B“m:;; Py st .17 e Eotoably promoted by the |kndicott-Johnson. 8% 8T 8% sew, ol ot LWV RT- QL Tl Tlg fie| “The Van Sweringen Company now|Producers& Reffn.. 3 1oty 1074 lo7y | SOUSNCTR Y €90 | relatively easy ruling of Liverpool !Endicott-John pf 18 (T R Willins. 3% % % 3% | operates 1125 miles of railway through | Ereducers & RefSsw 6 119 113% 119 uhéenitly deve and first prices here were 4 (o 10}sri L e control of the New, Chicago and St | Public ServiceSs.... 8 & % s |Third Averef s : oints lower. January sold off to 15 4 7 Louls raikoad, Toledo, St. Lo G D248 and March to 25.68, but Liver-|Erie 2d pf. 11 | Snien Desar - m o & & |Southwestern and Lake Erie and 2 7and | Sharon Steel Hoop8s 3 8% % 97 |ToledoStL&Wds.. 1 pool was a good buyer. while there {Famous Players. : | P o ern. Its acquisition of the Chesapeake | Sinclair Ol 7 1 r% | Union Pacific 1st 45.. 23 was scattering local and Wall street| pygeiity FireInsur. 107 107 107 107 |{rnion Pacific pf,.. and Ohio would give the company con- | Sin Crude Ol 2 buying on the talk of a loan to Ger- |pyoperBody. ..... 201 204 |Union Tank C: trol of about 4,280 miles of raliroad. Sinclair Pipe Line 5s. 12 59% #9% 894 many and the continued firmness of | her 5’0 r'c of 6% 9% Union Tank Car. X ‘The Chesapeake and Ohio is one of | Sou Por Rico Sug 7=. 100 9% N forelgn exchange. This railied prices [Flsher B ot O pt- % 9% Union Tank Crpf. 109 109 18" 109 | cne largost rallway systems In the cast. | Stand Ol of CalitTa. ¢ 0% 106% 1ook shortly after the call, with January |Els! per United Alloy Steel 35 55 3 5 |Its control would give the company an |mobacco Prod sf7r.. 10 103% 1034 108% | Wabash 1st bs. .. selling up to 25.60 and March to 25.79 | Freeport Texas 18 18 |ynited Drug... 79 8% T 24 outlet to the sea at Fort $fonroe, Va.. | ojedo Ediron 1st7s. 7 106% 106% 106% | Wabash 2d bs. during the early trading. en/Asphalt ey wu[UnltedDruglse. @ @ o @ and also access o ene of the Fichesi | (nion Bag & POs.... 5 W 9% 3 | Western Pacifsi NEW ORLEANS, December 15.— B & @ | v The road owns ard operates more | UnitedDrukcv3s.... 4 113 1124 112k | Western Maryland | Noon blds: December. 25.21; January 113 1w 11 (UDeS BY IV than 2,800 miles of raliwayy 1t nas our: | United Fuel Gas6s... 5 83 97l 9 |West Shore Ist ds. 25.17; March, 25.29 asked; May, 25.23; 1 1% 3% |Unied BY Y standing $12,658,500 6% per cent cumu. { U S Realty 5i 2 9% %% %% | Wisconsin Ct gen ds. July, 25.03; stea 8% & sa%|Un it lative preferred stock and $62,792,600 | U S Rubber Istreffs 15 84 &8l &% — a% USCastir Ppf... common stock of $100 par value. U S Rubber 7%s, 5 108% 108 1084 ey 0% 0% LIVERPOOL, December 15.—Week- 97 sew se |USExpress .- % &% —_——— U § Steel s £ 5s. 12108 109% 1C3% 6 905.00) 1y cotton statistics: Total forwarded 105 10% 100U S Food Prod... [ 5% R T - 116010 to mills, 55.000 bales, of which Amer- % 6% by |USIndusAlcohol. 6% 67 65k 6s% B. & 0. EARNINGS REPORT. 12 %6 6% %6 jean, 33.000. Stock. 761,000; Ameri- [FOlAWIn % 306 sits |U S Realty. 85 K% b B4 3w A% ® can, 431,000 Tmports. 60,000; Ameri- |Goodrich. - Ui U elusRubber. .l BN Rk &% &N ? 100 105 1% v‘:an‘ 23,000; exports, 5,000; none Amer- G::nb;; C‘l"n;"’ 2% 25w 2% us)(ubhz; }:ltDL :% g* g g President Willard Gives Out In- 1 10% 109% 109% ican. i % J S Smelt e Gmares Gio D B Divisia T T bl Lol i e o s DIVIDENDS. lGrett NorOrecr 0% 0% 308 | U S Steel pf. LI% 121% 12% 121%| BALTIMORE. December The 5 100% 13% 108% i Greene-Cananea.. 28 2% 2 2 |Ush Copper &% &% @K & |paitimore and Ohlo raliroad has just Btock of Par- |Gl SiatenSteel.. 18 % T 7| Utah Securlue 1% 16% 16% 164 issued fts preliminary Income accoun E DISMISSES PLEA American 1a Prancs Pire B W D | Hartman Cor. i B4 M 8 |vanadiumCorp... Wi % wa!{‘:‘;,';."n',i‘::',,",,,’fl‘,; e current month's | JUDG gine Co.. q., Toeeeo B feb. 13 ouston . K Van Raalte. .. - "8 [} 63 vith th l’ 11 £ 2 pares w e actual figures for the o : L americnn T8 Frasce Bt 3 ) up, o |HudsonMotorall.l 2% I s 2% |Va-CarChemicalp @ @i wh 4 |previous year as follows: Net operal: BY EX-BRYN MAWR GIRL Agricalture Department Says Good American Power-Light Co. HuppMotors. ... 2 Va-Car Chem (B). 16% 16% 16% 16% |ing income, $22,703,709, an Increase of : pf., 11a% - 18 Jan. 2|Hydraulic Stee! 4 ¢ 4 ivivadou. LM% M% WU :zso.xu; .;z;.;;‘ &r;:zu‘m:. 36,680,300 2| pormer Student Fails to Get Re- Surplus Will Be Left for " " 34 Te: O , i Bross corporate - % Jan. 13, Illinois Central 1oms 107 107 | Wabash. ... 9 8 5 9 |income, $20.384,009, a decrease of $2.- \ e o |Inspiration. 8 335 M%|\Wabashpf (A).... % 2% 2% ©4%|590,361; Inferest rentals, 326912371 versal of Expulsion Suit Next Year. Interboro Metro. % 4 % |wabashpf(B).... 16% 16% 16% 16% an increase of $326.833; net corporate Verdict. Jan. 2|Interborough w i 13 18% 18%|webber & Heilbrn 12% 12% 126 1% |income of $3.471.638, a decrease of y eat InterboroMetpf.. % % % % |\wells-Fargo Exp. 88% 8% 68 8 ($2917.253; while the surplus amounts | g ne Aseociated Press, The. worid| ‘wheat | situation, ion .21 Jan. 1{In¢lCombustion E 2% 20% 2% 2% |weastern Md...... 1% 1% 1% 11%]to $1,117.110, a decrease of 32,917,253, | "1/ 07 R1oTOWN, Pa., December 15— [1922-1923, as reviewed by the Intern {Int] & Gt Northern o4)4 264 % 204| Western Md 2d. 23 23 |as compared with the actual figures of e exceptions to his findings | tional Institute of Agriculture at . 30 Feb. 1!Intl Harvester. 2% W% 92 |western Pacific W% 1% | 1921 Sixty-thre e ol eikpee Gl . 15 Dec. 20 |Int]l Mer Marine 1% 11% 1% | yywestern Pac pf. 6% | President Daniel Willard, in the re. | o¢ 1ast sgring sustaining Bryn Mawr . . Intl Mer Marine pf % B0% 43% wWestern Union sia® 13| port ealla attention to the fact that | conege in expelling Miss Marjorie of 950,000,000 bushels and require- 28 2 |Intl Nickel .. 1 W 14 1 [Westhse Alr Brie. 104 104% 1 in the first six months of this year the Michigan City, Ind., as an|ments of importing countries to be ni . 22 2 | net operating income was $11,630,295, | Barker of Michiga Y. - 000 bushels. In a i - 23 2{IntiNickel pf..... 88K 6 & 63 |WesthseEles & M. 0% 5K 8% B op increase of $6,690,000 over the same | ~undesirabie” student were dismissed 923,000, els. nnouncing > ., Intl Paper. 53 3% bB2% O63%| Wheelng&LE... 0% 9% 9% N‘mrlofl of last year. In the three “"l day by Judge Myler in the the statistics today the Department > - 2|Invincible O11 W% 4% W% %) white Eagle Ofl. 2% 2 2% ! months ended September 30 there was | Yo5t*" unty court, Miss Bar- | Of Agriculture here said it seemed the . 23 . 21ron Products. 4% % 4% 45 | white Motor. ... 8% 5% 504 |an operating deficit of $2,089,075, a de- | Montgomery count: 5 urpius would be quite sufMclent to Lo ai . . 23 30 [1sland Oil. % % % ¥ whiteOll. ... 4 4 8% %%|crease as compared with the same |ker brought mandamus action to have = AlasAn Laurentide Co., a., 14%. ... Dec. 22 2|Jewel Tea........ 2% 2 20 2%|\ickwireSpencer L% 1% 1% 1% time in 1921 of 39,128,000. For the|ene court direct that she be readmit- | Supply the demunc end lesve & ood e D e 27 so|Jewel Teapf...... W T % T0%|wileon Company.. 37 7% 3 3k, three months ended December 31 (De. | ;o 1o the college. balance at the beginning of next sea- ek S o et 0 | Jones & Lighlin DI. 106%4 100, 105% Overland.. 7 7. % 6% ]|cember estimated) the net operating | ‘*{sor declaring that he had again|son sk, o 3% e aa it B 0% (1% Overlandpf €@ 45 4@ 43 |income was $10,212,485. an increase| ' 4 the case carefully, Judge! 0.4 production is placed by the 1%% . 20 =l Wisconsin Central 23 28 27 37 |over the previous year of 33,630,000 | 5jjer said his decision was based on D rbts oy oz b0 0s CitySou.. 1% 18% 19 19 E t in conclusions, as follows: iy 967,000, 18 o | O et . % &% &% s oolworth... 185% 1981 196% 198% thrs main ~ 2 ooy "had | bushels, compared with 2.967.000.000 it 2| KansasCSoups. .. Worthington Pmp. 83% % 33 3 PER CENT MELON “That even whete & Sl %7 | 1ast year: the carry-over, at 125.000.- Kangas & Quif Co. 2 2 2 2 I 0 been wrongfully expelled from a p! 000, compared with 84,000,000; the e: . 30 15 |Kayser (Julius)... ¢ &% 4 % Aok S LowTast vate Incorporated institution of leArn” | poriable surplus, at 350,000,000, com- = Kelly-Spring Tire. M4 &% 4% a% Call Money. W% 4 DETROIT, December! 152-A . stock J1a8 thecourt was wi o e | pared with 725,000,000, and imports - 20 Dec. 2 |Kelly-Spring 6% DI 81% 814 8I% 814 Y SALES OF STOC! *100 t. 1a Da: [in the premises; that under tho and import requirements. at $23,000.- = 2 ey Spring 8% Bl 101 100 100 HOURL KS. dividend of 100 per cent, payable De- | I the DL I2(5, "was, nowever, ot | 808 LMD TRATITIMEIG, 00; 3 11| Eelay Whet 03 1% 108 13 |1lam I gember 28 to HlocKhol e O day kg | wrongtully expelled. and that even| “-ne exportable surplus, as es Kennecott...... % wx n | 1pm-...- 8 e board of directors of Parke Davis | CONCeAInE 0o O stances disciosed | mated ae of August 7 by the ing . 26 1{Keystone Tire. 0% 10% 10 0% % Con arug b Capital under all the clrcums ol ith- | tute for the principal exporting coun- e manufacturers. evidence the court was wit 3 2 i uc\uw-nuvsvu-- M % 6% TeN BAR SILVER PRICES. stock of fhe concern was increased g"“':;",. e - to Interfere or con. | fries. «on&::;d %1’:::"' .7’1‘?6%?&%-: LakeErie& W.... 3% 8 8% 1M | uo vORK, December 15.—For-|from slightly less than §12.000,000 to]iro) the exercse of the control by the e aa . aroon00: . 26 1|Lehigh Valley..... o 6% 6% i Do 325,000,000, lekving slightly more than | L0 15 P*5e°ihe “collee. the oficial | Zriiel o\ iralia, 33:000,060, and - o |Liswett & Myers.. 2164 215% 7164 215% | efgn bar silver, 62%; Mexican dol- |$1000,000 for the stock In the treas- |FUC%ction vested i hor, of to kut| Goller'countries, 23,000,000 OF the new Liggett & Myers pf 16X 116% 15% 118% | iars, 47%. S to the stotk dividend, |#31is. the decision which followed its | Cro)'in” Argentina the exportable sur- '-‘mll?::"“’“"-' :"‘“ . 4 % | LONDON, December 15.—Bar silver, D Ao ead & cash /aivic fesercise by BEs plus is estimated at 147,000,000, and (YR Jan. 15 [0 % 30% pence per ounce. dend of §1 & share. amounting “u. In the: early days. of the American “:-‘.:'«‘.‘é‘é':.‘"?..‘%".’.‘!a"':mon of im- !';fl 1"!“ Jan, 3 |MackayCos.......18 114 13 14 | Money, 1% per cent. Due:mn chnt;‘ paysable "“:;r = -é:c“; pemotenm Industey the cruds oil sold | porting countries thix year. as com Warten B 3 M W% 5% % G rates short and three-month. bills,) Bolders o, TSSO DIGeT " 10seq from |at the wells st the rate of 50 cents|puared with 1921, is estimated at 23/ arren Bros. - = 1 of fort: ons. ,000 bushels. wnm Macy Co. 6% @ % @ |29-16a2% per cent ocember 18 10 January 2. per barre! y gall 000,000 bushels (