Evening Star Newspaper, December 27, 1922, Page 24

v $idy ANCIAB." FIN RISE IN BALDWIN t CHECKS DECLIN Much Profit-Taking Makes Alaaa Junes = 11ed Ch Stock Market Uneven in Today’s Trading. BY STUART P. WES’ dispateh to The Star. NEW YORK. December 27.—The es- {Am ChicleCo..... 6% <ential differenco between the stock [Am CottonOil.... 1M market today and that of other days |, ':2 n the recent past was that oper: pro ”l“' tions for the rise did not show the [Am Hide & Leapf. & <ame vigor. In other words, the cam- |Am Ice.. 100% paign which has been going on all ::}ii&:_mmi.. o month appeared to be losing head- way. and realizing sales in the indus- trials and actual liquidation in some of the railway shares were conspicuous features. Such a market is altogether typical uf the closing week of the year. On AT Ship&Com... 18 past occasions high money rates, due 5. s ons for the N Year |Am Smelting pf. 9% o preparations for ti e “L i settlements. have been a cause. This|Am Steel Fdy. time there is no such fear, but there < the same Inclination on the part of and Individuals to have open closed out as much as pos- the year en Haldwin Pushed Upward. The stock market today pursued a very uneven course up to midafter- noon. Just at the time in the early crnoon when symptoms of a re- n were appearing in the general e was taken hand and rushed up to a new high. his may or may not have been in- tended ax a demonstration that the pools had not lost their grip, but it 1ad _the effect of halting the selling in_the rest of the industrial section. |4, The move today in Bosch Magneto was not made by interests usually vesponsible for upward swings in th past. It was engineered by an out- side speculative crowd who had been by the big advance in t Wagier and Stromberg and figured that Bosch might be made to o the same. The company is now carning between $6 and $3 on the stock. is well financed and is in a vosition to resume dividends. But ihe idea of any errly dividend action is not cncouraged as vet in what might be termed official quarters. Sugar Common Advance: The sharp advance today f Ag Steel Fay pf. .. 108 i Am Tobacco. Am Tobacco (B). Am Tobac pf (n) Am Water W Am Woolen Barnesdall (B) Bayuk Bros....... 4 Beechnut Packing 6% Ameri- | Beth Steel. . 8% can Sugar common stock w Beth & [+ on ore than the com Beth St17% (n) uk business and the favorable stati ‘Booth Fisheries. o situation in the sugar trade generally. [Brit Em St11stpf. 7 1t was reported that the American |Bklyn Edison. uz Sugar Company had held a block of {Bklyn Rapid Tran. 6% the T per cent cumulative preferred Bkiyn Rap Trctfs 18% ‘Brown Shoe. Burns Bros (A). 00.000 cash. This amount - @t bolster American |BurnsBros (8).-. € ; r's position and increase the specu- |BUIS COPDSTL e - O ilities of the common stock. |Butte & 5 - “osden Ol shares got into new high for the year when they crossed 53 .. E The position of Cosden has been furly |Saddo Ol oo oo T explained from time to t'ms. The| Pt ompany will retire all of its bonds |California Petrol. e first of the vear out of earnings. |Callahan Zinc. o mething like $10 a share will be Calumet & Arizona 674 shown for the stock in 1922, while C: ¢ siders cxpect earnings next vear C: double this amount. The strect u;cumrall.uthcr“. 2% [ much interested in the actlion of Cos- Central Leath pf den becaude there lll'e l!.?flel !01{"0 Cerro de Pasco “% «~ffect that several large bets totaling ler Motor. “%h “ver $100,000 have been made that the | Crame 1 stock will sell around 60 by the first Chesap'ke & Ohis. T of the year. oo & Ohio pf wi.102'% Chi & Alton. 2 Sterling Exchange Lower. (Chi & Alton pf. % Cotton made another high early {Chi & Esst Il1 E In the day. although here, too, specu- {Chi Gr: Westra. ¢ lative profit-taking made 1f felt /Chi Great Wpf.... 84 in the later movement. Sterling ex- |Chi Mil &5tP. ..., 2% hange went lower and was off nearly (Chi Mil & 8t P pf. % 5 cents from the recent top. This was (Chy & Northwn, % 4 matter of interest in view of the |Gh: g Northwn pf. 114% tr geation that the British ury ecundeavoring to restore the pound 10 gold parity before the debt-re- funding conference at Washington. Chi Pheumat Tool. 8 1% Chi R I & Pacifie. . French exchange was quite weak, being off more than a quarter of a eert from the high. Ttallan lira went lower also. while German marks sold body Cluett Peabody Coca-Cola. . Coca-Cola pf. Colo Fuel. Colo & Southern. Columbla Graph. .. showed that the international bank- ing community was not taking the same joyful view as was the ‘ench press over the action of Belgium and Italy in awinging to the French side «n the auestion of declaring Germany .in default of reparations. While the action of the reparations commission refers only to the failure | of Germany to deliver the stipulated ¢ wucta of wood, it seems to be sig- % Columbia Graph pt 8 Com Solvents A... &% Comp Tabulator... 6% Continental Motors 11% Cons Cigar. .. 39% Cons Gasof N ¥... U7 Consol Gas w i. ficant of what the attitude will be |Cons Textile...... 1% the larger matters !Cont Can. . 10% Railroad Reports Good. Corn Products. igfi- iCosden & Co. .. traffic statements for {SO% November came to hand today. Thew |Crueible L continued to show substantial in- |Cuban-Am Sugee. . B * creases both in gross and net over the |Cuban Am l“" 02 month last year. But as a rule rajl- {Cuba C: ugar way stocks and bonds were unre- |Cuba CanpSpt “~ # sponsive. In fact, persistent selling went on in such 16w-priced issues as |Davidson Chem 2% }lhe St. Pauls and New Haven, Sugar stocks stood out strongly all day. testifying to the confidence felt in the sugar trade that 1923 will see ¢ higher prices as the logical sequel to <the strong statistical position in the sugar industry. Steel Reviewa Optimistie. ‘The steel trude reviews for the week :were quite as optimistic as they have |Ef! heen at any time this season. De- icember. usually a dull month. has ~een an exceptionally large business, and the mills are booked shead for Dupont (B1I).... Eastman Kodak... 8% Stor Bat.. : he first quarter of the new year. |Fisher Body.. Vet steel stocks for the most part|Fisher Bof Opf. ;did nothing in the market, the ex- [Fisk Rubber, slanation apparently being that Wall | preeport Texas. street. while admitting the big vol- |Gen Am Tank Ci ume, is not so sure about the profit Gen Asphalt... which the steel companies are |;en Asphalt pf. ; {Gen Cigar. i{Cen Electric. 1Gen Elec spl w i. {Gen Motors. COTION AGAN WAKES 5855 NEW HH RECIRD Gen Mot 7% Giililand Ol pe Wanuary Runs Up to 26.66 in Early Trading Today in New H Gimbel Bros pf. Goldwin Corp Goodrich pf. .. ounb‘ygon’nl. B Gra; avis. 5 Northern pt. Q e Nor. 1B P o & No! ! . Orleans. lg:usmusm Y £ Cable.. 1% YORK, December 27.—The |Houston Oil.. 0% wotton market showed renewed jHudson Motors.... m strength and activity today. Liver- H":f.':fi:.;zul i ool o little more than responded to [Ffoets Contral. . 113 the local gains of yesterday, while [13linols Central pf. 1% Yeports of a firm tone in the early |Indl ooecoee B4 «tock market seemed to encourage |Indlan “l‘fl“"“ & ©ptimism among cotton traders as to l::::,:‘,:"u' e %he forelgn business outlook. Th Intarboro Met pf. 73 features, combined with bullish re. {Interboroughw!.. 1% rorts from the domestic goods trade jIntl Agrl Chem pt. :fi ~and southern spot' markets, en- }::}g::;::‘,{;;.'é‘ 2% * wouraged a continuation of yester-jne1 & Gt Northern 2% alay’s buying movement and after mufl-rv“-mr; ':,‘ ©pening _firm at an advance of 9 to (Intl n , P5 points the market sold up to Intl umuxl“l” [ m or March and 27.10 for Ma; B N lekel Bt s W4 fo 23 points net higher during the |Int! Paper s warly trading and into new high [Invincible Ofl % axround for the season. Ialand Oil. . o 11:45 a.m.—Bida: January, ‘Jones & L'ghlin p?. 107 farch, 26.79: May, 26.38; July, 26.66; [Jones TeS.. ...« W% )ctober, 24.78. Steady. Kensas & Guif Co. 1% Kansas C Sou pf... & NEW ORLEANS, December 27 |Kansss@Ror ol G *Botter cables than due and general helief in more activity after the fret !"0 v-mnl.flr-- “e Jear put the price of cotton to n..,IK-u.v-nflnl % pf 881 high records for the season today.!Kelsey Wheel nek In the first half hour of the session | Kennecott the trading pesitions were sent 16|Keystone Tir: 10 38 points over the closs of yester- |Kresge (S8).. wfiay, to 26.66 for January. bil 26,5 26.33; January. March, July, Octo- Lee Tire & Rubber o a% 6% w ol m oh ey 0% u% 2w "% ® U 1% 1 1 18% 101% ™ 77 1 i > [0 ooas o o% 4 % & M 1 Sugar..... @% & % U Manat! Sugarpf.. 8% 8% 8% 7% 7% |Manhattan Elctfs. 33 &% 31% 1% 1 |Manhat BlecSup.. 60 60 . 60 16 14 1M [ManhattansShirt.. ¢ W @ % % T%|MarlandOil. 2% A 1% 1% 17% (Marlin-Rockwel W% 8% 3% |Martin-Paroy. o 5% 8 |Maxwell (A).... 135 138 135 |Mazwell (B) o« a e Dept Stores.. 1% 107 103% 108 |MeIntyre Porcu... 13 §7% 8% 87% |Mexican Pete. 20 208 2% 0% [Mexican Seaboard. 17 17% 164 2 1% 1% {Mexican Sbdctfs.. 16% 16% 18% %0 8 [|MiamiCopper..... 2% 1% 2% 128 129% | Middle Htater O u% 1 51 6% |Midvale Steel. 6% 26% 045 u:a Minn &8tL(n)... 64 &% 6% " MStPESSMpf.. 3 88 & Mo Kan & Texas.. % W% 1¢% Mo Kan & Tex pf.. 39 » » Mo Pacific. 1% 16% 164 Mo Pacific p?. cB% G% e% Montgomery Ward n% % 2% Moon Motors..... 1% W% 8% Mother Lode Cltn. 111 N ¥ Shipbutlding.. 12 Norfolk Southern. 13% 13% 15% Norfolk & Western 112% 113% 110% North American... 8% 97% %4 North American pf «% Northern Pacific.. 5% 9 [; Orpheum Ci: t hH 9% um Circult.. 183% 1 Otis Elevator. 185 185 i Otis 51 . % % 19 19 19 [OtinSteelpf. “ 6 G e o 49 |Owens Bottle..... $6% 37% 86'% 6% 51 6l |Pacifiz Develop. 5 % % % % %% |PacificGas & EI W 8T w0l 504 8% |Pacific Mail. 10% % MK W% | PacificOll.... “we &% :’a ':!'. 4% | Packard Motor..... 104 10% 10% I 112 Y 111%) Packard Motors pf. ssti €81 98' 16% 1% 15%[Pan-Amer Pete... 98% 9 9% 1% 18 1% |Pan-Am Pete (B). § 81% 85 8% 6 & |PanhandleP&R.. 6 5 4% 147 1% 7 |PennSeabd Steel.. 2% 2% 2% an @ @% W 4t T e W 8% o 3 Pe: 8% 3% L% LG ) Philadelphia Co... €% ¢0% 0% . |PhillipsJones..... 7 W 7 <1¢ |ERillips Jonespt.. 96 96! 9% nk P 8% 4T sl “h 813 % L FIPET Y 4} 4 4 EAGRG “:* 1 o E ly-Wiggly- 8 & B W% 0% |piees Coal. 0 8 €@ 6% 67 [pitts Coal pf 9913 9 45 8% @K |piteg Steel pf. o 9 6% 6 6% |pitia s W Va By 8 M5 9 71 |pond Cresk Coal U 2% 12 12 |porto Rico Tob.... 66 6 6 8 2 2 |PressedSteslCar.. 2% 83 8% 3% 3% ¢ |Pressed St1Carpf. W% 9% 9% =2 n & ®% o ek T (e “ % 8 3 1% 205 204 BOM 106 ) 130 ™ ™ W% o e . r% U4 BY Wi N 9% 8% 2% 2% |Railway Steel Spr. 116 116 $1%a 91% 9% |Ray Con Copper... 14's 2 20 |Reading. 81 2% 26% |Reading 1 68 O {Reading 24 ptf. 108% ™ 1R 0 N% 2% 2% |Rep Iron & Bt1 pf.. 85 @% 6% |Reynolds Springs. 21% % 8 2 [ReynoldsTob (B). ¢ & 8% 3 8% |Reynolds Tobp? B 116% 164 1164 ah e a% 8% 3% 83 oo el L% A% 21 ue 1% % B% TH 3% 8 3 (StlouisSouthwn. 20 29 29 U7 164 1173 |8t Louts Sown pf.. 5 66 &8 8% ¥4 &% |Santa Cecilla Suga 23 25 2z 11% 114 1's |Savage Arms. 1 19 11015 110% 1104 |8axon Motor: B BU6 1294 13144 [Seaboard AirLine. 5 & 88% 62% ESW |Seaboard ALpf... 83 8% 0% 6 6 |gears Roebuok.... 0% 26 2% w2 w10 W1 % W 0 8% BH 8% Uk 1% 12 "% » “ Seuthern Rallway. 25 2 1: Seuthern Igfl. &% &% % 205 ot NJwi " Stand Ol of N J pf 1174 0] & Tube pf.... 85% 'Tenn Copper. Texas Company... 4% ‘Texas Gulf Sulphur & Texas & Pacific... 20% Texss & PC & Oil. :‘h BEC danggalpeg=sguegalied 55§==§fi§§;=§==g“§*“5§ z un! Unien Tan! L 129% United Alloy Steel" 84 13 % T d 1% ok 8% % 0 B o % n us B G wh % % s gEaRyutaear gy, seang vugens, 0o5E-0pen; e RgRen 2 tens W 6% 0% 0. 93578035850 00808 2 s LA LR I L LRI 338523 Received by Privats Wirs LIBERTYS LOWER [ —orx BONDS o scmam] G, Prosduce and .Direct to The Star Offics. RALROADSFACING U NOTE—incomplete, bond _{leke RAILROADS. LOCAL WHOLESALE MARKET. rviee to moon, owing te w e % conditiona. a ($1,000). High. Eggas—Strictly fresh, selected. can- J m UNITED STATES BONDS. Ann Arbor 4 1 e dled, per dozen. 52453: averago receipts, S 2 Atchison gen Loz o 50: ‘mouthern, 48. Cold storage cEES. “m: (31.000). Higls Low. Close. Ql;‘lllumudl“ 10 82% “fl!"f- o sate. . okt W NAC # Atlantic C L col 4 3 81% Ve poultry—Roos . d ’ N . = X 'llber!y 31s... 130 1008 10054 10088 y | Little Pressure on Any Part Liverty 1st s ‘o ‘s mom w0 oo turiceys” Ber 1o, 30 snring chickensd Doubt Expressed if Carriers : erty 2d 41;s. 164 9842 9826 98 . fowls, ‘each, 33. i it s B Liberty 3d 4%s. 173 9392 988 9890 s % Dressed poultry—Fresh-killed spring. Can i b o of List—Even Railroad Liberty 4th43,a €35 980 9864 9864 101 0% 100K | e Reed Dol e, per 1be Handle All Business ! 0t i . Victory 4% 5°23 &3 10038 10038 10026 . % T94135226; roosters, per Ib., 18: turkeyr. S| %% Bonds Hold Firm. US4K51952... 205 995 9990 992 2 B4 B mlper ib. 30a35; keats, youns. cach ure te Be Offered. 70a80. ! = | FOREIGN GOVERNMENT, STATE 5.0 stock—Calves. choice, per 1b. | 4 I - AND Mll‘J:dICIPAL. 3 ‘Gl’nedflm,bper 1b., 12; lh:c. v:-zr S A . BY GEORGE T. HUGHES, ales a3, Lambe, choice, per : . . LE. s 50 ). High. Low. Close. T v s, per | snec 5% | Bpecial Dispateh to The Star. Argentine 7s 0% S:::fl}:: i‘::?‘:',;"f," : {Lv AT IEAY Ve lEach RINeOKE i"'"\.‘,,“.‘“'."’":.‘("""':T""rf"' 5 & Aok ! 5 5 NE TRK - A NEW YORK, December 27.—With | Belgium §s. Car Clinch & Ohlo6s. 6 92 9 9 | Green fruits—Apples, per bb i greatest volume of revenun froht :; A only a few more days before the tra- | Belgium 6s.... Ches & Ohio cv 5 4% W% 94% 27.000 per bushel basket, nearb; 00 | PASSCNger traflic sinee the war i awal - ditional January 1 reinvestment de- | BelRium 7i%s.. B J02% 10lgy 1024 | Ches & Ohlocv4sis. 25 8% esw 8% | 1.90; Delicious, No. 1 per bbL, SO0 |inz the steam country | mand makes its appearance, the bond | B¢rn 5. . . 2 1% 1K 111% | Ches & Ohio gen 4%s 6 86% 8% 88% | g0 o (CAIOPDIR oranges, Pey TICIL 11925 Doubt is xpressed by sonis é Bolivia 8 3 2% 902% 2% |Chi & Alton 3Ys. 20 4 0% 8% 4 ok it, 3.00a | Pusiness men as to whether the ra market today seems stabillzed around | Bordeaux 1 8% 8% 8% |ChIL & Qlst & rfEe, & 101 100% 100% 2271; b%_x. ‘8-0?-7 Wi o';":-“l;efw L8 roads can deliver the zoods. 0 " 3 .75, ngerines 5 .50. «ho Zo 2 % e present levels. Rrazil 7s 13 8% 8 8 |Chi&Eastligenbs. 7 ®% ™ 8 | Vegetables—potatoes, per bbl. No.1,| o The shortage of cars w decreasiv There was no great pressure ap- 8 6% 6% 96! |ChiGreat Westernds 6 51% 61% 61%]150a2.00; per satk, 2.0082.25: No, 2,70 '8 [he tola] wumber of bad order 16% { parent anywhere today on the- list. ChiM&SLPretdfs 2 8% s 67% 508100, “Sweet potatoes. North Caro- [0, F T IIE DULNE Bew cduli 16% | Even railroad bonds, which have been 1 |ChIM & Bt Povbe . & 6% 6% 64%]|lina, T5albo; nearby. 2 Let- { ment in large ut’ these me. declining under the influence of un- % ures alone will not place them bey | 2 ChiM & St P 4s1926.. 7 tuce, per crate, southern. danger of laving to refus . 11% | favorable earnings, showed no further | o 2ol ChiMe 8 b Boriatnctastnis. Dericrate aving 1o refuse reve { 2614 | 1o88es and neither ‘was there evidence | i€l T 2l CMM&mP:"‘#. 20 Hcebris Rethirs hirierate s freight sx | of any desire to bid up prices. This | iiC 82194 i) seoie ‘abbage, northern, 1.75a2.00 per 1 Close Competition Cominy 5 3 regarded as a very healthy condi- (1 15 "/ 3 ; nearby cabbage, per bbl. L50a [ The comir - % going to be . | tion. Probably the best buying for | Copenhagen 9 91 > 5 Eesplants, per crate, 4.00a1.00. | of ol % | the last week or more has Been that | 'zechoslov 1,85 8 7 1% | Tomatoes. per hox. Florida, 4.00a7.00 o L AR BACHonllyion me of Day's Features. : i 2 ¥ /50 per basket. Peppers, i products have not képt price O e R o ot ia teatutes: Toany | DUt Chi Un Station 43%s.. 19 20" crate.” Fiorida, 2.50a Kale, per | Liroie™s 10 eve S 841 08 the sharp advance in New York, | Putch 4|Chi& Windconds.. 8 75 7% 74% bbl, 1.00a1.75. Spinach, per bbl., 2.008 | kept advances to the ultimate oo 18 | W entohester and Boston %8 of 1945, Cleveland Term 5%s. & 104% 1% 1043|350 ~Celery, ‘per doz. 1.00 ithin bound or not 10 11 iNo reason was given for the interest fornia, per crate, 7.50a8.00. willingness 10 bur which has been 1114} shown In this bond. which is guar- Del & Hudson 5%s... 5 101 101 101 {nia grapes, per crate, 1.5023.00. such inspiring evidence during the '$ [anteed by the New Haven. Although [Japanese 1 Den&RGlIstrefba. 2 4% 6% ' GRAIN AND PROVISIONS, {three weeks. The dread of “runawas | secured by first lien on highly val- | Japanese 2d 4 1:|Des Moines & Ft D4s 2 43% 43% d8's N AN S dmarkets for commodities 15 only o 1% | uabie property, charges have not been Detroit United4%s.. 2 82 2 & | BALTIMORE, Md. December terrifying than that of dull and life earned in recent years and the New |Lyons6s.. Erle 1st con 4 § 55 64% 5% |(Special). — Potatoes, white. 100 {less maricis 125% | Haven has been compelled to make | Marseilles 65 Erlegends...... ... % 4% 4314 8% pounds. 50a1.25: 150 pounds. 90a2.15:{ Consequently. merchants. manuf, 2% |up the deficit. Eric issues did a little | Maxico Brie conv4s'B gt 4 |sweets, barrel, 50al. . 50a8 {urers anl cven farmers will deper 16% [ better and the market seemed ablely : e conv 4s D) = 2 basket, 24a35: barrel, 7521603 lon volume 1o keep their net i © |to take care of all of the St Paul |y gl Erle & Jersey 65 H bushel,, 30a75. Hearis, bushiel, 008 faccounts up tn dividend requiremer ) 15 |offerings without any shading o v < > 4.00. Beets, bushel, 75a1.00. colt, | Tire manufacturers, for example, musg e iprice. The St. Paul problem seems to g;"‘";fls".' s E;:‘;",{.‘:r:““”_’ s bushel, 3050, Savol cabbage, bushel. {well 1w lires in 1023 PR TTYS be the restoration of its credit in{Norwayss, : 2 60a70. Carrots, basket, 60a76. CAULI- | profit that resuiied from (he sale of ;‘Kium, ey et T une | Norwaviesictrsis: = Great North gen 5% s 7 flower, barrel, 3.0026.00. Celery. 190.1ona in some preious s S R 1, 1925, of the approximately $50.- | Prague 7% L T6% vana ERL & Phs 3 00a7.00. Cucumbers, crate, 3.50a7.00. | yroduction i< th word of the 20% 000,000 European loan 4s and gold 45 | Queensiand 7e. ... 108% 108% | Hudson & Man ref 5a. 8 gplants. crate, 4.00a6.00. automobile trad vt it 18% ldue on that date. With a couplé of | Riode Jun 851947.. %% 9% | Hudson & Man adj s 10 Horseradishes, bushel, 3.00a4.00: | the coming campaign. 12 |vears of good earnings this ought 10|8ao Paulo, St of. Ss.. sty % | Il Central 5%s. kale, bushel, 30a40; lettuce, basket, 5 Steel Plant at Capacit 18% | be possible. lowa Central 4s. Sea-)geine, Dept of, 7. 8% £6% | Inter-M €148 ctfe ata. 17 1.25a2.00; onlons, 100 pounds, 1.50a3.00: | pacity. 110% fboard Air Line 6s both showed thelgqissong6s 8 7 18 |Inter Rap Transitbs. 9 |ovster 'plants, 5.00a8.00: parsnips | effect of what was probably Selling | syeden 6 2 100% 100% 104% [ Tnter R Transit b et. 10 bushel, 1.00al. DRI 005 mnint. for the purpose of recording 1osses. | soius Con 6 185 118% Inter R Transit¢swi 9 7a% 7 7% |0-00; peppers, crate. 2.5084.50; pumy P winis process w i e st of the | Ud Kingdom 5%s°38. 17 13 113 Inter RTransit Tawi12 815 s ea | Kins. 100,110.00420.00; epinach, Busie 4 trem Vear to estimate the status of the | Ud Hingdom 5ts°37. 10 10¢% 103% {fr‘l::‘g:"uolrnafi‘ln. R L e Curnips, | ter wheat and there ety s Denve Centralrefds... 7 2 s ) of intent il DLt L Ny MISCELLANEOUS. Kansas City Ft S 4x.. 6 - S e s IR S SOROUB G 1 s ax o] nde & 51 Am Agrl Chem 7is.. 4 102% 102'z K: y . A packed. barrel, 2.00a5.00;, , - Louis-San Francisco adjustments also | 1 S&F 0eRn T S Kan Cty Sou 38 19:0. 2 — R tural product ry acre X e 1c ansas City Souss.. 5 b 0 N that can be raised will b | so1aMower. Am Sugar Ref 6s..... 11 137 103 Kansas City Term 45. 22 : Nasket s SRABRE V0N Build P ] Some Issues Lower. Am Tel & Telev 6s.. 7 116 116 Tehigh Valtes oo 2 : i cranberries, barrel, Among the high-grade bonds, Gen- |AmT & Tl trs: R oeay o Lake Shore 4 1928 10 Erapetiy DK s 1ee that they will o | eral Electric debenture i 1d down {Am T & Tcl tr4 15 9% Lake Shore 48 1931.. 15 4.00a7.00; | scord rate for more than a ) e (half a point on very large denlinge. | Am Water Works5e 1 8% %% %% | Cehigh Val o 48 2005 ‘o tangerines, atrap, T 16 | Even at toduy's price the d I8 1 Am Writing Paper 6 1 81 E3% 80| pouits nrenaoli0s : 3 3 Allof this means that railroads will ww | very amall. Probably the oblization® | Anton Jergens6s.... 5 83 s 8% Selling Prices at Noon. have (o carry more raw miaterini g jiofl ok 0:‘:::"||dua'|‘lrm!‘,rnunillj-sl‘_:“:l“"‘ Armour & Co 4 . 6 89 8% &% |Manhattan Ry cn 4x. 20 6 ] .} red winter, €pot. no | thes ‘;»Ir'lnlullv;‘::s etk R 3 S ,Steel. I Breater | Atantic ReflningSs.. 7 St 9 9 | Market St Ry cons s 6 g [auotntions: No.*2 red winter. spot. {Ixhed product i have 1o cu ’ sy | demand among inveators thaty (hose | poyje) pa 7. 5 108'% 105 108% | Mil EIRy & I, 1ut 53 & No_'3 Ted winter. spot. no quo- fthem faster than in 1922 Their pres s | of the General Electric. Y O R e Bt PR e ® |MEeTains ons: No. 2 red winter, garlicky. quipmen it was handled thi this effect may be found in the ex-{ gein e G "” e e %MK prinbsA... 3 7: No. 3 red winter. garlicky, no|¥ear. will not enable them to 8% | iraordinary high price at which the i Beth'em Steelsf6s.. 5 €8i e 9% & Tadjbs...... 18 60% { quotations: December, 1.3% {these requirements. There 4% | General Electric special stock sells, | Brier Hill St $4s. 18 97 %' 96y 4 161 | Sales—None. ¥ o the amount of new equipm. 2% [ Chicago Union Station 6148, another | BKIyn Edison is C.. 5 107 108 108% o a 8 | Corn—Cob corn. new. 4.00 per bar- | Which can be delivered in the near fu % | very high-grade issue, sold up a point. | Bklyn Bdison 7s D... 8 103 107% 107% | Mo Pacific 1st 55 65.. 5 86% | rel; contract, spot, 84 per bushel: No.|ture. and there also ix the question of 8% | At today’s price of 115, the maturity C K. ), .. |MoPacificgends.... 4 2% |2 corn, spot, 85'z; No. 4, no quota- {financing purchases of new cars 81 |yield i abont 5i per cent, but the Ceniral Leathers... 3 5% 91 €50 | Montreal Tram Istss 4 % & g% | tions; %rack corn.'vellow No. 2, old! New Car Reco 0% [ bonds are redeemable at 110 on and | Cerrode Pasco8s.... 5 1% 120 132% |NOTex & Mexinchs 1 7ais 781 18t | to better. 88 per bushel Wioih cassiin %9 |after January 1. 1935, which would | Chile Copper 6s. 6 95'2 % | N Y Central deb 6s... 10 Sales—None. therefore are turn I ' 96% | bring down the yield to a very much | Chile Copper 7s. 42 1125 11 1% N'Y Cent ref imp 9 Oats—White. No. 2, 55 per bushel CPEATC E0C UTRANE. Kholr, a1 {lower figure. Terminal bonds gen- | Colo Industria 578 7 77 |New Havencv deh 65 10 5 S S Tient operation ) 18 [erally secured on real cstate are in |Commonwealth P 6s. 5 8i's 88 | New York Rys adibs, 7 Rye—Nearby, §6a95 per bushel; No. iyl e e ek 3114 | high favor. Con Coal Md 1st rf&s 3 8 8%, N Y State Ry 4%s... 10 IeRteTIl Sexport SENOL 30 % DE R iy s i ‘ Copper Convertibles Weak. Cuba Cane S c deb §s 15 1% :"‘IIN:Y“en.a.. %s. 8 D s {op | han ever before if prescnt plans a 3 | Conper converti -3 o, | Norfolk & West cn 4s 21 grade of timothy and light clover SUccessful 88 :in sympathy 2 B 9 Northern Pacific3s.. 3 mixed. 16.00a20.00 per ton, and for there has been little diflicul 15| United States Ieglty selling at Fef!‘flkn':r £6s.... 10 104 104 Northern Pacific 4s.. 32 good mixed, 16.00a17.50. fn funding cquipment purchase, and 9915 | par. made a new high record. Manhat- | Distillers Sec 5s 49% 5 Straw—No. 1 tangled rye. 15.00a it % probable that the roads will cor 91 |tan Elevated 4s advanced. South Por- | Du Pont de Nem 7 L3 5 16.0 0. 1 wheat, 10.00a11.00; No. 2 | tinu dd to their rolling stock 3 jto Rico Sugar s declined. Detroit | Duquesne Light 7%is. 4 5 oat, nominal. 12.00a12.50. throu t the entire coming yea: 37 |River Tunnel 41;s advanced over a|Fast Cub Sugar? 7, % | Paris-Lyons-Med 6s. 23 The Chicazo, Burlington and Quine e poln(.c 'l‘(holgual:'nme&b.\'“;l:l;i’-\r"ll‘fihl*; Empire F & G 7%s... 13 €3's 9% | Pennsylvania gen bs. 3 TR T e ;gr fxample. has just ordercd six § |Ean Central alone ix t 1o | Fisk Rubber 8 5 107 161 16% | Penn wen 43 : pen. iign 1. 1 reight locomotives for delivers in @% |upon which it is a first lien. ¥ | Gen Electric deb 6s.. 2 105 | Pennsylvania gold 7s. 3 Lraber foo i ealre Derae e @ |"Wmong the foreign bonds the fea- |Goodrich (BF) 6its. 5 101% 1013 101% | Pennsyl con 4% 1, { with orders for thes and hesvy brige 2 |ture the strength and activity of | Goodvear Tire$s'31. 2 9% ¢8% 9 [RIArk& L4ls 3 3 timbers. The lumber requirements o 106 | the of Copenhagen 5les. Mexi- | Goodyear Tire §8°41. 5 145 114 1M% new freight cars alone will be of huge 182% | can 5s advanced fractionally and the | g . G % StLIM&SR & Gds.. 12 proportions next r. Tie orders s | Serbian s declined. No linted foreign | Holland-Amer'sf6s. 18 T €4 F14 [ SIL&SFprindsA.. 7 from English and East Indian roads 23, | issue has had such an unfortunate |HUmble O & R5its. 15 8 = o7% €8 | StL& SFprinS5s. also piling up 9p | career as this one. Today’s price is a | Indianz Steel 5 1101 101% 101% [St L& S F inc 6s 2 A.number of new cut offs and addi- | new low since trading was begun on | Inter Mer Mntine fic.. 5 SIL&SFE%sB... 2 tions will be built by «arriers hef. the exchange. : (A:I’l:nrl”.nger}s::sg L&SFadiés.... 6 the new Year i three months old. Tn- erty bonds. after their show of ; Inter Paper Ist 5¢ LS W ist 4s. s ion “of this activity is ween i Kell consistent strength over the last fe prinsfield 8s. ported in Yokohama | Northwest Bell Tel s 1 Pacific Cas & El Pac Tel & Pel 58 { Packard Motor 8s. i Phila Co ref 6s - lw»k.«. reacted today without any |Liggett & Mvers 7s.. 1 , | known reason. Except for the 31.s. | Liggett & Myers5s.. 3 9 e % | they all sold below par. including the { Marland Ofl 743 o0t 1015 new Treasury 4%s. Mexican Petrol 8s.... 15 110 109 110 —— Mich SiateTellathe. 10 so% el ante { Midvale Steel bs. 1 8 B8k COTTON CLOTH PRICES. Montana Power 5x... 11 98% 98% NEW YORK. December 27 (Special). | Morris & Co 1st 4145, 6 8714 87t —Prices in the market for . colton | New England Tel5s. 6 99% £8% 116% | cloths continued today to exhibit great { Now York Ed 1st 635y 6 110% 109% 8% | irmness, and demand wax excellent| NV G BT, 1 & P 45, 3 8ty o1 824 2134 | for standard print cloths. Tire fabrics | x0T m Fear™ 11 106 joste %% | were quiet, awaiting the turn of the | N X Tol 4125 . s s ol year STnellocalfraw allk imasket was!?\‘.;:hvz‘;“ e ;4‘1- 1 ctivity was re- | D % San Bl A o eract " | No Ohio Tr & L ref 95 91 i Pax avle. Jan. Jeb. ! Sacks & Cos 7 10 0 10 55 | Sinclair Ofl 7s. 3 100% 100% 100% Sin Crude Ol 5%s.... 10 98% % 8% Sou Por Rico Sug 73..17° 100 9% 7 |Stand Ollof Calif 7s.. & 106% 106% Jan, l{steel&Tube 7s. 3102 101% Jan. 1]Tide Water Oil 6%2s.. 2 108 103 Feb. 13 { Toledo Edison1st7s. § 1088 106 5 Un St open 6s.. 4 91 4 N Eaeiand raei - 2| DB Rubbor istretta 8 s @ Mass. 5% U S Rubber 7%S...... 7 107% 107% 37 en %% 13 108% 102% Va-Car Chemical 7s.. 4 S8 LD \'r:.g::minm,?&". 5 own s wy e e e Western Union 614s..16 1117 110% 111% L 2 o FRUIT AND VEGETABLE |wiacwinshmmeerin. ¥ i ok s PRICES DROP sLlGHTLY ;‘\\‘nson& Cocvés.... 5 9% W 92 2% By the Ausociated Press. : 4| M HCAGo, Deramber 27—proauce [ANACONDA COPPER CO. ’ k 100k orward to | e Spening. of the Jettnee season in ! SUES DAVIS-DALY CO. the Imperial valley of California. It was predicted today that 5000 car-; 20% {109ds would be shipped during the | 20% | next three or four months, giving | 18% { the valley its greatest season. { The fall lettuce season was marked | Asks Injunction Against Mining Operations Under City of 88 |by increased shipments from western | Butte, Mont. 5 |states and the high quality of Idaho ! e 23 | stocks, which commanded premiums By the Associate ¥ o, 48 & |of 50 cents to $1. BUTTE. Mont., December 27.-—Suit w4 | Prices for fruits and other vege-{was brought in the feedral court “ | tables generally declined during the { [ qu by the Anaconda Copper 67 |past week, the United States bureau Y*" PO B e of markets reported today, although M ng ompany against the av 7% |the market continued steady. The |paly Copper Compi the Davis- hollday ‘scason brought increased | )y gixtension Mir B e thom 3125 'and $475 to $5 & |the Smoischouse Mining Company to 1:; baarrel. compel showing of cause why an In- H TR e { junction should not be issued against 2% APPLE PRICES LOWER. ithe defendants now operating lode claims to which title is disputed by jthe Anaconda Copper Mining Com- paly. Hearing on a temporary injunc- tion was set for January 8. WA| NEW YORK, December 27 (Special). 2% | _The receipis of barreled apples were moderate from the Hudson val- y and western New York. The bulk Amounts aggregating $3,600,000 are Wfot tbo ofterings comprised chiely |mentioned in the complaint, including 2 0 wo re ex- 3 :ull and priced slightly lower, espe- .:;‘;‘:2‘.{}?,0 fu::\-‘;n:'llulh:An:cvr:::layCop. and lodes totaling $1,500,000 in value, 7% | londs of apples were received on the [ {1\ \\lich title ix asked. 108% | New York city markets, as compared | "y Anaconda Copver Mining Com- 1o | With 476 cara for the woek ‘previous. |, TN SUES e 1odes mow bo- The total quentity of apples exported | EU "y Davis-Daly are extel fram the United States and Canadz to | 18 worked by Lavissbals are exten ey | Erovean countries this season up 10 | (750, “(he Anaconda Copper Mining &% | December was 1,000.800 barrels VUM ST sed il s ] T4 | andiia6z S00maxer. 1United States Senator W. A. Clark. :;" — {the transtor being made in 110, 'll“he ARIS BOURSE TRAD: roperties in dispute run under - PARIS BO TRADING. | BOoRer il siness ‘district. €2%| PARIS, December 27.—Prices were 16 |cont rentes, 69 franca 2 . SAVINGS ACCOUNT-JUMP. h e on ndon. rancs c e B iy oo pant loax 6 fren QITAWA. December 37— The finance department reports that sav- ings accounts in Canadian banks in- creased in November from $1.156.- 51 centimes. + 442453 to $1.167.609,065. Demand de- Uk Willy:-ove(r:hn:lv: :fi a% o a |tasideedo. : Wisconsin Central 28% 26 2% fi;v- Woolworth.. 207 217 28% 27 DIVIDENDS RESUMED. Worthipgton Pmp. 31% 31% 815 8% ;;pgRURGH, Pa. December 27.— Seaboard A L adj Seaboard A L con Sou Pacific cv ds. Sou Pacific ref 42i0000 12moom... 66:8000 ! TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) Ri Bid, 0 EXTRA DIVIDEND VOTED. Pennsylvania Company Also De- clares Regular Payment. H PHILADELPHIA, December The Pennsylvania Company, the capital stock of which is owned by the Penn- j svlvania Railroad Company, today de- clared its usual semi-annual dividend of 3 per cent and an extra dividend of {20 per cent. pavable out of its ac-! [ cumulated surplus on December 30 to: stockholders of record Decembe The extra dividend is a further step in liquidating the Pennsylvania Com- pany, which has been in progress since when it relinquished the opera- tion as lessee of the various lines in ! the Pennsylvania railroad system west of Pittsburgh, which obligations were assumed by the Pennsylvania Railroad Company. * TODAY’S SUGAR PRICES. ' NEW YORK, December early raw sugar market was firmer and prices were !4 higher, with spot Cubas quoted at 37%, cost and freight equal to 5.65 for centrifugal. There were sales of 24,000 bags of Cubas for December shipment. The raw sugar utures market was firmer, reflecting the advance in the spot market, and prices at midday were 3 to 6 points net higher. Wall street and trade interests were active buyers. DIVIDENDS VOTED TODAY. | NEW _YORK. December 27 (Spe- | cial).—The Illinois Brick Company | has resumed payment of dividend having declared a 1% per cent dis- {tribution, payable January 15, to! stockholders of record January 3. The ! last dividend was the same amount paid January 15, 1921. : The Cole Motor Car Company has declaTed & common stock dividend of 100 per cent, payable to stockholders of record December 15. ' $20,000,000 STEEL FIRM. SACRAMENTO, Calif., December 27. —Articles of incorporation were flled in the office of tha secretary of state yesterday by the Columbia Stee) Cor- fon, a aware firm, with ital stock of $20,000,000. — PLAN GAS TAX FOR ROADS. a cap- 8 High, Low. Last. | Directors of the Pittsburgh Coal Com- u“ Call Money..... Ba b 5% |[pany today declared a quarterly| MINNEAPOLIS, December 27 (Spe- 2% dividend of one and one-half per|oial).-~The Minnesota legisiature will a HOURLY SALES OF S§TOCKS. cent on the preferred stock and 31 {he asked to impese a tax of 1 cent ngf1la.m. 12m.......500 500 fa share on the common. The last{a gallon on gasoline. the proceecds 1p.m. Zpm..... 895.00 |Jprevious declarationson the common |from which will be \ged to provide = was in July. highway improvement: SRR ! dicat the announcement. that and Ir Fuel Sanuary 10.95 1 Company will May. .. 105§ its rail mill, January 1. as well as two additional blast furnaces. Heav DAIRY PRODUCTS. rail orders are pouring into the mid- BALTIMORE. Md., December dle west steel plante, (Special). —Live poultry — Turkes Cattle Market Boomf: pound, 45: old toms, 38a. FORT_WORTH. December 27 (Spe crooked breasts }z-zhfloma hick:lciah —The demand ~ for “quality- Southern Ry dev §34p , 3 2. 3 22 | goods which was so apparent he v " i, | in maintained th eek Job! s t::::‘;:g:ggw‘"- n 15, Ducks. pound. 23.25: small and |nrs ‘rashed 1o | ke distimation SR g?;:(,m:h:no.ir ?:en, (', throughout this territory. as many of irg 3 . 3 2! "L | the retail < ended th 1- Wabash 1st 5s. % {each, 40a70. Dressed poultr Duyir on with emply Western Mary' 61'% | keys. pound. 45a47: old toms, . which they are now replen- Western Pacifiz 5s... 81% {poor and crooked breasts, The market for Texas cattis West Shore 1at 4s. 82 { Young chickens. pound. 25a26 the Rio Grande they f Wisconsin Ct gen 4s. 1 g2, iand mixed. 23a24: old roosters being bought to : B ucks, pound. 24a28. Geese. pound. | barren ranges of Chihuahus TOTAL SALES (Par Valus): 25a30. | huila. has not fallen off and Native and nearby 'herds are being driven across the hor- Eggs_(losy off) 7 der this week firsts. dozen. outhern. 434 Butte Gy . fancy. pound, & o prints, 65a57; mearby creamery, 44a| _ DIE Increase in Freight. 46; ladles, 35a36; rolls, 33a35: store |, ST. PAUL. December (Specia packed, 32a33; dairy prints, 34a3s;{.Lhe annaul report of the Minneso process butter, 41242, Transfer Company, the largest freig interchange plant of its kind, shows CHICAGO LIVE STOCK MARKET. !‘!ult !)zib_menll :lndl'd through the CHICAGO, December 27 (United|TWin Cities in the last year were o3 States Department of Agriculture).— [Der cent larger than in 1921. Thera Hoges Receipts, 26,000 head: opening | Was an increase of 53 per cent in car- Slow: later sales fairly active: un.jload reshipments, showing that Twi: evenly steady to 10 higher; bulk, 150 |Cities merchants bought and soll in s R0} Spounal iavessws; 6558 larger quantities. Less than carload ackink sopsianostly shipments increased 9 per cent slow, steady: few up to 8. Fewer Real Estate Deal hogs, 8.40a8.65; medium, PHILADELPHIA, December 27 (Spe- light. 8.56a8.65: light light, cial).—Prices of real estate and of packing sows. smooth, 7.75a! buildings are holding up well. al- 8. 7.40a7.70; though the number of sales recorded this week indicates that dealings a:v not so heavy as a month ago. The ¥: other | recorder’s office is slowly catching up very slow: killing quality | with the tremendous number of deeds few early sales beef steers.!and mortgages for record, and it ~ ; some held around 12.00:!also now possible to put through strong to 15 higher: bulls [settlement within five weeks after « veal calves, 25 to 50 higher:|sale has been made. cers and feeders largely steady Mild Weather Hurts Trad ing sows. pigs, 8.0028.25. Cattle—Receipts. 14,000 hea grades beef steers about stea rough, plain grades slow: bulk desiralh S welghty canners around 3.00; bulk.de- { NEW, O sirable_ bologna bulls, 4.15a4.40; some | GEDTTENE SOV 0 T T Bes upward to 4.50; bulk good and choice | ook “and the splendid volume of o vealers to packers, 10.00a10.50: out- | JWECE B0 DI i me T siders toward 11.00 and above; most{ o variad is cing well stockers and feeders. 6.75. Heavy-weight clothing salex are laz Receipts, 17.000 head; open- | JEay WEN Htiine Sl S N0 v sales clipped lat"!!!’nu—m-«- of the mild winter. jaround steady: fat wooled kin weak, tending lower: early to 15 New Hotels Ik Florlda. Yo city butchers: desirable 85-poun JACKSONVILLY TS clipped fed lambs, 13.15: summer |97 (Special).—Florida lu shorm up to 14.00; feeders quiet: sheep | timated today around steady. {in thix stalc = ’;sc.nnnvnn e from §2 FORKIGN EXCHANGE. bl lles w. Nominal sold vaiue. B. Hibbe & o) (Special express shipment s ve been ex- ST, Sell. checks | —1 today. OU1S, post (Quotations furnished by and in the last two weeks & London, pound . ceadingly heatvy in thix section anid Montreal.” doliar 100 the total far cxcoeds those of the Paris, frane . an i viod of 1921, The shipments Brussels. fra similar pel Beriin Reverely taxed the facilities of the Rome, lirs .. 2 | midwest railroads. Zurich, frane . 3 (Copsright. 1 Athens, drachma ..., - SHORT TERM SECURITIES. i & ; Vienn Buda Prague, crown Warsaw, mark Copenhagen, crown ... Christianis, crown Btockholm, crown . By the Associated Press. NEW _YORK, December eign exchanges easy. Great Demand, 4.64%: cables, on. Alaminum ¢o. of Co. of Anaconda Copper Anacond ¢ dnper Ta_ 1525 uglo-Amer: Vs Anglo L T 102 bills on banks, 4.62%. France B e L1 e and. 0723 cables, 0724. Ttaly— | Arehem S Demand, .0508%; cables. X . alum—-Dem‘;:-d‘ = X Lea! ermany—Demand, > | .000133." Holland ekl Ao bles, .3978, Norway—Demand, .1900. | LOPET PV 1o Sweden—Demand. .2694. Denmark- ar TO& R Demand, .2076. _Switzeriand—Demand. | G ., .1897. Spain—Demand, .1577. Greece ‘_Demand, .0119. Poland — Demand. 0054. Czechoslovakia—Demand. .0313. Argentine—Demand, .3812. Brazil— Demand, .1225. Montreal, .98 31-32. Penna. T . Paul Sears, Roebuck & (0. Sonthwestern Bell 7s R, i Union Depoi _iian 1023 x 1923, 1 BAR SILVER PRICES. LONDON, December 27.—Bar silver, 0 15-1 nce per ounce. Money, 1% | Ktandard Ol of Cauf. :er Sent.” Discount rate—Short and | T dewater O 1 three-month bills, 2582 11-16 per cent. NEW YORK. December 27.—Foreign bar silver, 63%; Mexican dollars, 18%. Vacaom Oil 7x 1050 Western Union 61, Westinghouse El