Evening Star Newspaper, January 9, 1923, Page 22

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

PRCES HOLBFRN; LATE TRADING DL Many Individuals Make Good Gains—Paris Causes ‘,Wai ing Atfitude. . x nY STUART P. wns'r. Bpacial Dispateh to Ty NEW- YORK, January 9.1t another:walting markeét on the New York Stock Exchsnge: today—that isi it was a market which was waiting for further developments in the Eu- ropean situation. Speculstive interests working for the rise maintainéd a qulet confi- dence, but were reluctant to attempt any fresh movements, 1In . conse- quence the market erely dritted back and forth in a comparatively narrow range the session. Among indlvidual stocks there were few features. Chile Copper made new high, and o did Cosden. The la ter was influenced by talk that th preferred stock 18 to be retired, leav ing the entire earnings and assets of the company for the comman. 0 Equipments Hold Well. cos of equipment stocks were ! well maintained and this'was the case also in the «teele. On the other hand, Allied Chemical was €01d on the ides that the recent disappointing turn in ‘the company's earnings would inter. fere with the inrreRev:in Gividends. upon which the'latée .advance had in.|, part been based. Tierce Atrow stocks moved ahead on the news that the company has practically - completed arrangements for some financing which would fe- tire hank loans now approximating $5.000.000. Tt twas reported thut thé new securities will conafst of $4,00.« 000 first mortgage 6 pér eont Londs and $4.000.000 8 per cent Jalehtire nds. Banking intercsts In the erce Arrow Company are salé (o h:e cheerful ut the outlook of the} company for 1923 and are looking for« ward to earnings in the nefghborhovd of $2,000,000. Steel and Tube Jumps. Full light was thrown today the yecent sharp advi ferred stock of the Steel and Tube Company of Ame a by the statd. ment of the president of the Youngs- town Sheet and Tube Company, Whic liax bought the assets of the former company. Within' a fortnight Steel and Tube preferred has risén from | below §5 to around par. This rise was In anticipation of the deal with Youngstown. although knowledge of the impending purchase was confined to comparatively few people in the street Wéakness in Brooklyn —Rapid Transit issues was attributéd to the report, which gained wide ciéula- tion during the morning, that an as- sessment of at least $10 & share was itkely in an effoft’to- pull the com- Ship. 3 upon nee in the pre- pany. out of recel Cast Tron Pipé Higher. Weakness in Transcontinéntal -OH was set down to the dissolution of a Pool which was active in the stock a month ago. Also there were reports that development work in the eom- pany's ofl figlds In South Ameérica was |Cel not turning out ak well s expected. Othar oll sharées weéfe not affected, howeyer, by the selling of this stock. The Plerce Arrows were one of thé faw features of thé véry dull market of thé last two hours. Cast Iton Pipe was bid up on frefh “wdvices of favorkble conditions in.the pipe trade, testifiad to likewlse by thé recent ad- vanoe in prices. Heavy pressure con- tinued against Bréoklyn Rapid Tran- it on the bellef that the feorganiza- tlen 'rum had been pretty weéll per- féctad and that it would Invelve a falr sized ‘asetssment on the stock. Paris Moves Awalted. s results, both on an exchange. disposed of alt Monday's display of stéa 1-’ = was due {o hope of some eley nth-hour change. in anch plang lnd: there been any thought that the strong répresentatione of (e i'nifcd States would affect the French de- térmigation regarding tha Ruhr eam- paign, it was quickly dispellel by the néws today. Yet the markets-showed that they were fully preparel for the contingeén The néxt point of interest will he how the German people take ths seiz- ure 6f more of their territory, wheth- er tifere is or 1s not anythini to the sensational prédictions which men of importance have recéntly made that | this Invasion would lead to anuther uprising. This was one ‘of tha main | things upon which the day's markets | were awaiting eplightegnien ST. LOUIS ALSO TO GET COSTLY NEW FORD PLANT By the Astociated Press. . . DETROIT, Mich., January 5.—Bs-| tablishment of a .unit of the Ford Motor Compan at St. Paul, Minn,, plans for which were announced to- day by Ford Company representatives in that city, will be “just snother ®tep” in the expansion program that Henry Ford has undertaken,.it was said here today by persons in €Tosé touch with the automobile manufac- turer. Announcement within the known of eract a pla St. Louis pimilas.:to thut he will establish in 8t. PRut. Clty officials of St. Louis now are taking [ necessary steps to provide a site for fhe proposed new Ford plant, which when completed will be similar in ez and impoftance to that plannéd 16 the Twin cities. ——e e 3 VORI BEXCHANGE. (Guotations faraisheq by Redmond & (o sfl“l\kehkh oft may be future, Ford's | expected r it Lootion, pound....... Montrenl. doliar Paris, féanc Rrussels, Bertin, marl Ttome,” 1 Zutieh, frate. a B By ibe Associated Press. NEW YORK, Janhuary - 8.—Foreign nxuhms‘” irregul nreu lrll Detand, 4.64 15-16;, cal sixty-day bils on Mnk Cl?llll France — Demand, 067 o 2%, l»las, ou cables, 689, Denmarke-De 4, 3 Switzerland—Demaidy ’?fl Demand, .1588. ureets«bomend Bise. Poland—Demand, .0§005 0% h o;no Argentine~ ia—Demand, ' ;J.o,:n:na 3762, nr-m-—mnnu, BTN Montreal, .29% STEEL MERGER NEAR. TOUNGSTOWN, Ohio, January 9.— Tentative arrangements have been, completed for the purchase of the Stéel and 'rube Company of America, a Chicago by the Youngstown Sheet and nxu ompany, {t was an- nounced heré by James A Campby ll president of thée Youngstown ol pany. BAR SILVER PRICES, LONDON, January 9.—Bar sliver, 3115-16d4 per ounce. Money, 1% cent, Discount-rates—Shart bills, u a.la per cent: lhren~menth bills, !u 2§:18 per n v AYORIE, m l\lwr. (135 throughout much of | | Beechnut Packi | Famous Players. . ‘NEW YORK STOCK EXCHANGE lmtymnuwmm.n-ucm Open. High, Law, Close. Adv Rumley. Mnx Rubber % % Alnkl Juneau.... 14 Allied Chemical... 4 Allled Cnom PLo... 1% Chaim % ers. Mlll Chalmers pf. 9 Am Agr Chemical. 304 Am Agr Chem pf.. 0% Am Beet Sugar. . Am Beet Sugar pf .|Am Bosch ‘|Am Brak Am Brake Sho pf. Am Can. .. Am Can pf. Am Car & Fdy Am Chicle Co. Am Cotton Ol1. Am Drugglat.”.... Am Hide & Lellh Am Hide &' . -~ Am Intefnational: Am La Franos, AmLinséed. 7 20% [ Am Ship & Com... Am Smelting. Am Tel & Telog. Am Todaced. . Am Tobacco (B).. 180% Am Tobac pf (n).. 103% Am Woolen. Amso Dry G 1st Aseo Dry G 2d pi Assoclated Oil Atehison. - Atchison pt. ‘Atlantic Fruit Co. Atlantio Guit. Baldwin Loco. Baito & Ohio. Balto& Ohlo pf. .. gor & Arnstk. o Barnesdall (A).... 321 Beth Steel (B) Béth 8t1 7% (n). Booth Fisheries Brit Em 8tl 2d p HBkiyn Rapld T Burns Bros (A). Burns Bros (B). Butte Copper Butte & Superior.. 1% Butterlek.....coeee 0% California Poking. 824 California Petr % California Pete pf. [Caliahtn Zine. Casé (J 1) pf.. Ceniral Leather Central Leath p! de P, Chandler Motor... 68 [Chesap’ite & Ohlo. 74 Chi & Alton. .....e Chi Great Westrn: 64 w 4 ChiBir M A Om Chile Copper...... % Chino Cop| Cluett Peal esb0d Columbia Graph. Columbia Graph pt 9% A aly . 301 cumm-nm Motors 11% Corn Products. 126% Cosden & Co sden pf. Cuba Cane 8 pt. Davidson Chém. Bilestric Stor Bat.. & IEmerson-Brant... 6% Emerson-Brant pf 25 Endicott-Johnson. 91% e ... . uh Brie 18t pt. .1 Erie 2d pf. 7 Exchange Buffet.. % 0% Famous Pluyers pt #hy Féd Mines & Spt.. 41 Fidelity Fire Insur. 103 Fifth Ave Bus w | ¥isk Rubber. . Gen Am Tank pt. Gen Asphialt. Gen Asphalt pt. Gen Hakitig, Gen Clgar. Geri Mo [ Gen Mot 8% deb. Gen Mot 7% d8b. .. ‘Granby Consol. ... Gray & Davis. 1 ‘Great Northern pl. Grest Nor Ore Guantanaino Su Gulf Mo & Nor pt.. “ hi . =‘\: | Int1 Agri Chem pf. nd. fine Coment.~..... 8 Int Combuation B. 3 Int & Grt Normn. s Jewel T Jones uchunptm Jones-! Kaneas W%ulmn : ! n.n.. 9 Keyst hkttr“ & W. Loose- Wiles ... Lorillard (P). ‘Truck, Bklyn Rap Trctfs 11l . IN V- 1% urh Canadhsn Paoific. . mw M3 WU M ™ TN R °”5h *B323883%y jaiye i g - & H L 10% 1104 1 51 ‘ ! Mack Truck 2. Macy Co. e Manati Sugar. m:«a ) otfe. bd e Miami Copper. Middle States Of Midv: Minn & St L MinnStP & M. Mo Kan & Texas. Mo Kan & Tex pf, . Mo Pacific. . 2634 | Mo Pacific DL . Montgomery Ward Mopon Motars. nluthar Lode Cltn. so8q | NAtI Blscuit w2 Natl Cloak & Suit. Natl Bnameling... 3 [Natl Lead pt. . Nevada Copper. New Or Tex & Mex N Y Air Brake.... NYAlr ir!lu (A) 2% IN Y Contral. IH\( ¥ n2t i 1 1% 2% 1% 6% 18% B1% 182 ans a% 'y m “ 3% !l* 21 Wb % 624 ol o B B % 8 12Z2h 1% s 20 iy n 4 ¥Th a1 20% M wh 1004 |/ 44, :m Norfolk & Wellern 1 North Amertcan ... 01 North American pf &% Northern Pacific.. 4 Nunnally Co. Oklahoma Prod. % | Pan-Am Pete (B). Pennsylvania. Penn Seabd Steel. People's Gas. Pere Marqu Plerce-Arrow. Plerce-Arrow pt. de OIL. . a6 Ofl Bf. . . Plnly -Wigsly Pitts Coal. Pitts & W Va pf. Porid Creele Coa: Postum-Cereal.... 14 Préssed 8t Caf pt.: 9 Producers & Ref.. & Producers & Rf pf. &1 Public Servot NJ. 6% 107 Pure Oil 8% pt. Railway Steel Spr. 1% Ray Con Copper. o [ Reading. : Reading 15t pf. Remington Fypr. Replogie Steel. Reynolds Springs. $1 Heynulds Tob (). 4% Hoyal Duteh...... bl 8t Joseph Laad. . 9t L & San Fran, St L & San Fr pt. Havage Arms.... Sendca Copper.... 7% Shell Trad & Tran. 7% Shell Union:. P % 121% wh & 0 114 1% 12 Wi it 8% 1% 8% 1% 1% &% I 2 0% 0% n% 16 12 6% 2% 26% Ppt. o ilid m%flCnlxr 3 @ 8% 2% 2% 123% 128% Stromberg Carb. Studebaker. . Submarine Boat. Superior Oll. % |8uperior Steel. Sweets Coof Am. ‘Texus Company. Texae & Pacifc Texas & PC & Oll. 2 Tide Water Oil ‘Timken Bearing. Tobacco Prod. ‘Tobacco Prod A. 2% | Trans Contl Ol [0 615 23 L3 6% 0% u% 18 12 16 12 s | Underwood. . Unien Pacific Union Pacific pt. ... Union Tank Cr pf. 110 United Fruit m)& United Ry Inv. United Retail Strs 7“5 U 8 Cast Ir Pipe... 3% 0% 8 Hoffman Mch. 21 3% 984 | S Thdus Alcohol. oeb 47 12 £ a1 12 8 % 1945 - €& 101 47 102 3 ll % K 101 U S Healty. U & Heaity pf. U 8 Hubber. U 8 Rubber 13 UE Bmieit & ne{ U S Bmelt & R pt U & Bteel. &% 4% )y s Steel pr. !9 4 106 P Py % @ 13 & E3 £ 5 5 t%g Eszzeiiaey £z Fi F 3 80 88 ! £4 10444 wm 181 uN mt u% 14 8% 34 | (o " 1 8 g £ L T E %3%2503%02 05, ) LEH éfis! ¥ 32 Utah Copper.... | Utah Securities. ., Vanadium Corp. van Raalte VIVIGOH w.mh Ll! (A). Well Westerh Elec pf. w Whln Iule on. White Oll. Wlekvlre. Willys-Overld Willys-Overld pf. Wisconsin Cent’ Woolworth. Woolworth pf. 2644 % o7 Bigh. Low, Call Money..... &% &% HOURLV SALES OF S8TOCKS. MMmmm Show mlm-—lemks Are lrranular. BY fllolflh HUGHES, 8pecial Dispaich to The Btar, NEW YORK, Jinuaty 9.—Todsy’ investment market presented several intergsting features. More ifportant was the recovery in French bonds. Apparently the confidence which h" been shaken yesterday was restore: | today, and that without any change % | sorbed, 26% | 5 in the situatfon. abroad. All the Patches indicated the fixed purpose of 'the French to proceed with thefr pro- gram, but. somehow the markets re- fused to be terrified thereby, the tes- with that of thé¢ bond quouuem Rensans for Support, On sober second thoughit investors refyse to belleve there J& danget to the security of French dallar gbl tiony. denlt in on this marker from &ny &oncelvable development. in. Bu- rope. For one thing France's. external debt is a véry small y-rl of her total. For another thing there ls 'n large sinking fund op qnunx 16 - keep up the price of the two rhlol French is- sugw, the §s and thé Tiss Fioally direct obligation of the French re- publie, with its long and honorable Bnancial record, selling, to yield sig per cent, presents a powerful specu- lative appeal. -Later in the day profit but the offerings ware fa bettar in’the 8s than in the 7is. 1t should not be pverlocked that after December ‘15, 1925 the 8s are redeemable for the sinking fund by lot at 110, Forelgn Ixsues Do Better. In general with two exceptions, did better tod The éxceptions were the Sérbian which made a new low, and the Co. lombia 68, Which did the The former have had an unforti ket career, as Is wéll know {he ohse of the latter it lgoked as h the bond was readjusting its :}lld to that offered by othet foreign ssues. The general market was heavy. Aeute weakneéss deveioped in Intérboroustt 6 nd 7s, without any apparent reason. The 64 ‘slumped nearly %o pointa, rcul‘llvo ralls. such as Seaboard Alr Line adjusiments and New York, West Chester and Boston 4l4s, were reaction- ary, but mostly the tone was one hesitation rather than weakness. - New York Gas, Electric Light, Heat and Power s ‘wére strong, {llustrating the unsatisfied demand for utility Issues of the highest grade. Chile Copper Active. Speculation In the Chile Gopper Ts wis very active. today’s price making a néw high record. Interest was aiso shown In‘Midvaie Gtesl 58 ana the Consolidated Coal Gw. St Louls, fron Mountain and Southern 4s and the River and Guif Di- vision 48 made gains. Irrégularity marked’the course of the United States government obliga- tions. Trading was not particularly active and net changes weré small 2% | The government's offer of $300,000,000 | e 1 i » ik | b s T ol vitn in new 4y per cent Treasury notes to mature in less than five years was re- garded as very attractive. The yleld e trifla more than that given by the Liberty third 4%s at the market and which mature about the same time. FORD TO BUILD NEW STDOOND PLANT & Site Purchased in St. Paul and Application Made to U. S. for Power-Rights. By the Associated Press. ST. PAUL, Minn., January 9.—Plank 1 | 1O establish a large plant in St. Paul for manufacture of automobiles and tractors were announced here today by represéntatives of the Ford Motor j Company. 30! 21 u 3% [t u 1 wK 5% 110 183 12% 5% il 7 2 1% 1043 £6% o144 n M M IM! i B4y o34 1ot 1% l* :xsli 61 “~ ul. . N tors Co., q, 6% deb, e '.hx" s lm."ll of of 3 1 be mn Feb. 1] more than a h Vire i, '. B n} fimllm. to! rlcelve 3 18 Feb. 1 fad. 1 Jaa. 1 | struct a brl The; Ford company today completed | New purchase of 167% acres of land on the| New York Tel 4155 Mississippl river, immediately adja- cent to the government high dam, at & cost of $315,000 as the site for the plant. Application has been m;de to_the federal government the Ford company:for the ' ?owér Tights at the dam, but‘ff this i¥ denled, the com- Pany will érect & plant 16 be operatéd entirely by stéam, the &nnouncement said. 1f the powar rights are granted, it 18 planned to build a $10,000,000 manu- facturing plant, ultimately to em- ploy between 14,000 and 15,000 men, according to the Ford agents here. It will 'be on & somewhat smaller lflll‘ 1t the power "‘hI:. Are ‘Illllfl & proper Fallroad tor 0 PYARE ina EhiehEe. SIS and St. Pgul rallway. announced it would extend {ts trackage and cdn. oross the Miselesippi Xpansion to involve of approximately l o v dmolnn 1t ulq will n Min finneapolis th offer [ expense of'a ‘bridg e M. .ug.x Fiver &t u“ M'r% g‘..r:, makin roposed re N abrishment ot s istablishmen m 1ant here is in lins wlm m-‘“"fl ‘ompany's announm plan lor decen- tralization. It has already announced {ts intention to nullqy. mlnuhutur!nr piant in Chicago. river, the entl expeénditul ?&ooo. “ will start in Mareh, 1t vlu i MI[lIl]NS FORWARDED 10 VRGN FARMERS Advnnoe l’ty'lenu l(uh on To- baceo as 200 Warehouses Are Opened. By the Awselated Press. RALEIGH, N. G, Jaiiary 3.-Moré {1 tham $10,000,000 in advanee pay- ments on 118,000,000 pounds of to- bacoo has Besht foriearded;to” grows ers in ‘tN8 twd Carolitias and Vir ginia by the Tobacco Growers Co- operative. Association, it wes stated at hehdquarters” mnouneefl that today wlrehouu- of assoviation will 4, in ot tobaccs accumulated by mlmb‘rl since- the oclosing of the warehouses for the Holldays. ——— - PAIII MARKET UNSTEADY. )us J-nlnry 9. —Pdcn amoved St FAhtes b4 m““fi‘ ehar.g e on g:no.-_?:l eenu.mu Flv‘ lnt lhr was uuvhd at i n nn- ¢ { American Tel. & Tel!. 6s. 19: ‘hére"when ' h ‘was |’ Efifiammmmfi mwmmmummm UNITED STATES BONDD, -+ (L3 IW leonv 3%s... L3 0116 an-nu- 11 mu 860 ronlou MVIMHINV. STATE D MUNJCIPAI Belgium Bern Bolivia 8p. lqrduul s lm}x 7 .. Canada 8! t:mu. ('l ld Chile 8s Chile 8s ‘l’“ Chile 83 1941 Chr; i Denmark 6 Duteh Fast 1 6; Dutch East T 6s " French Govt §i French Govt 7% Htl(l fsotfs. . Japanese 1st 434a. .. Japanese ds.... Lydns ds. ... Marsefllen 6s. Mexico se. Mexico 4s. Montevideo Neétherland; rague 7146, Quéensland Queénsiand Rio & n.........---g—.:... anRe Ud Kingdom 5 %4 "32.161 Ud Kingdom 5148 '37. 18 Uruflly 88 1946, : 4 Ul 1% MISCELLANEOUS, Am Agri Chem 7i3s.. 6 W% 103 AmEmeit &R 1st bs. 38 ®% 9% Am Sugar Refés.... 24 104 108% Afn Tol & Tel cv 6e... 16 11614 118% AMT&Tcltrbs.... €0 % W4 AmT&Tcltrés 2 e e Anton Jergens ov 10 Armour & Co 4 13 Atlantie R-flnln' 58 Bell Tele Fa 7 718 0K i Bethlehem Steel b e84 (8l Beth'em Steel pm 58, 9 -u & Beth'em Steels 18 9 Brier Hill St 1st 5”. 13 ’fl 844 Bkiyn Edison 7sD... 3 108% 108 Bklyn Edison genbs. 7 #1% $7h% Bush Tni Bldgbs'60. 2 925 ©@% Central Leather 3; 8% Comp-Tab-Reo 6441 1 Con Codl Md 15t 55...40 #) Cuba Cane Scvd se..24. 1% Det Edisonref 65.... 2 103% 100% Du Pont de Nem 73%s 15 108 1(8 Duguesne Light 714 Duquésne L | East Cuba Gen Refractories 6s.. 12 10/% an (BF)6%s. & m- 014 Tire 8831, 23 0 r Tire 88°41. a mu 1 Holland-Amers f8s. 16 %4 53 Humbleé Oli& R51ss. 12 18 _88%% Indiana Stes! 68, 1 1011 101 L4 NN 0% i e Ly -Bpringt Laicka: 1 anatl Sugars 2 Ti4s 5 n Marland Ol 7 '4 Midvale Steel Ss. Montana Power oe. .. 14 8% st National Tube 1st 6. 6 101's 10} New England Tel 68. 57 100 0y NY Edison 18t 648, . 10 110% 109% NYGELH&P 5 fat ook VYork Tel 6s " 12 107 106% 8 0k North Am Idison 6s. 4%, North States Pow bs. 3 a5 . @ Northwst Bell Tel 78.. 11 - 3077, 0% Pacifc Ousd EiSe.. § s o Gas D8 s -mn Pao Tel & Tel 5s'52.. @2 94 ¥l Packard Motor 55, o Phila Co ref 8s A Producers & Ref $8. . 1 Producers & Rf $a w. Public Bervice 88...0. § 85 Sinclair Ol 7a 8in Crude Ol 54 T Sinclair l‘un Line 5. 8 m- 29% Bou Por Rico Bug 7 3 100 Stand Ou of fitll i teel & Tube 7s. oaukes | 5o Va<Car Chemical 7a. . | Va-Car Chem THaw. arner Bugar.Ts 1084 105 ‘Westérn Unlon cm. -3 g ‘Wilsén & Co 1 1018 ‘Wilson & Co ov 'm ——— - SHORT-TERM BKCURITIES. (Quomhu furpished by Redmond & Ce.) L e er. s 08, 8f Anter. s 1025, m:m um Jmer 7o 1983. 108 Amirieas kvuh o, American 10k Tel, fs” 33 FSEER FF Anlccnfll Copper_Ts XW Anslo-America OIL 7i4s Amn & Co. Ts 1990, &l ok P T O ooy BHITBRFS! * ——— . BRIE SETTLES WITH MEN. NEW YORK. January 9.—The Erie has settled with its shopmen on the basis of straight time for eight hours on Sundays and holldays and t! -ndvl-lltlf for overtime, The en d to follow .the lin aowi by the mn-fan{sm. ITAI.Y‘TO SEEK LOAN IN U. 8. | ME, January 9.--It was officially | a taa today there was no foundatfon for the report that the Italian gov- tends v. nou l an in the er ent intends to alo e N du- nvt mn: I!l any loan abroad S | Weatern Margiand i6 13 soh s.'£=s sagegsiengessanyiy gragageigzangy =Es=ss=szs=fl:as=z§m§§ sg-swzsa--ui Bklyn RT 78 *21 Gfll-. BKIR T 731 ot sta. Canadian North 7 Canadian North Canadian Pac deb 45 Car Clineh & Oblo 5s. Central Pacific 4 Ches & OMa cv & Ches & Ohlo cv 4 % 1 Ches & Ohlogn 4%s.. & 1949... & lon 314 1 cm atanu 1938. B&Qist El Uhllmlll"n bs.. 11 Chi Great & 55 paesamts i 8. 11 ChiM&BLP 481984, 1 C M & Pug Sound 4s, Chi Ry8 38..... fl§==s§s=§is:§3§§=§s§=§= Cleveland Term 5348 Del & Hudson 5%s Den & Rio G con # enSEe B8uanunie Sanse Great North gen 7 Great North gen »% Green B & W deb B. Man af bs. 111 Central 5%s. . . 108% Inter Rap Transit 5s. 35 Inter R Transit bs ct Inter R Transit 7 Kansas City Sou as. . Lake Shore 48 1928 Lake Shoro 451931 . % Tehigh Valley Long Island ref 4s. Louis & 3 New Haven 7 mnc-' New York 2 o Norfolk & West cv ¢ Northern Pacific 3».. Northern Pacific ¢ Vorth Pas ref im ll. Northern Pacifio ona Calif 1st sr hort L en Orv !hnrt Liret 4 Ore-Wash 1at ref ¢ Paris-Lyons-Med 6 Pennsylvania gen Pennsyl # gsai & R StLIMESR&G s, BtLIM&S4s'2). .. St StL w " %% " Sou Pacific ov 4& Sou Pacific ref 4; Sou Pacificolt ds. snarautalSunlEaconne Western Pacificbe. .. 83 83i¢ . ‘West Shore 1at 42, R W TOTAL lALll (n- vnluc): 561000 d1am... 1pm. .7mc_u !).m..-. um:- TABASURY CERTIFIGATES, (Quotations tursished by Redmosd & Co.) r‘mfl..‘% o, : 100 e 3 Bepvember 1b, 8136 March 15, 1i :’%n Tuns"in. doks OPERATORS AND MINERS ASKED TO WAGE PARLEY | !\DIAI\A?OLX& -Yln\lll'y 8—A .| Joint ‘meeting of coal operators and minérs of ' the - central compatitjve | a Hfteld “to BA Beld’ in" New York olty January 18 to negotiate &' wags.oon- tract has been.rsquested hers. The call, was signed -by -John: L Lawls, president o the United Mine Workers of Anterich, and Phil:H. Pémna. of Terre Haute, Ind, for the' opsrators as irnaividuals - Representation &t the joint confer ence will be .on the same basls as previous - Interétaty confebencen— etght opératirs and elght miners from each of the four states comprising thé dentral sompetitive field, {f.the recommendations of h'(um Penna are followed.. Ohlo, Indiana, fllinely and. murn hnnmrm Take up ‘5“ am fee) lwnn lbblrllorll ll :xm % | ex Bugs--trictly fraah, selected. ean dled. per dosen, 45; syerage receipts. “~ solithérn, 45, o)a storage egas, 30. Live potitry—Raosters, per 1b.. 15 tu¥keys, per 1b,, ‘I5a40; spring chick- ons, per Ib., 30a32; keals, younl- each, 603 towls, emcts, 27428, Dressea pwllry—!‘relh-kmed spring chickens, per 1b., 35a38; hens, per -ib.. 30832; roosters, per Ib., 15; turkeys, per 1b., 45a80; Keats, young, each, 7040, u“’ stock—Calves, choice, per 1., medium, ‘pér 1b., 13; thin, per a3.00 each; live hogs, Groen fruite—Apples, ver bbL, 176 AT.00; per bushel.basket, nearby, 758 1.00; Delisious, No, 1, per bbl, 6.008 7.80. California eranges, per crate 6.0088.00; Florida, *4.00a5.00. Lemons, Grapefruit, 3.008 0a4.50. er bbl., No. ’ouat 25 xw. nearby clhbll southern, - 2.252.50 baskdt. s Begplants, per erate. 2. 25,00, Tomatoes, per, box, Florida, L00A7.00. Beans, 2.40004.00 per basket. Paas, 300500 per hasiet . Poppert cfate. Floriga, 2.50a4.00. Kale, per | 1.33a1.50. Spinach, per bbl. .75 . Celers, per doz., 1.00a1.25; fornia, pér’ orate, 7.50a8.00. Cali- fornia grdpes, per crate, 5.0024.00. GRAIN AND PHOVISIONS. BALTIMORE, January § (Special) — Potatoen—Whita, 100 gounds s0a1is; 9082 woe X 35.! shel: 250a330. Beets, r Brocoli, bushel, 30840, sells, sprouts, quart, 2025 b ton, iooosu.oo ; savoy, Dushel, ioa Carrots, b. uulmow.r arite, uo.uo Gelery.. 100, 600asoo. W ices, gplants, orate, nno 9‘6 Horumhh. ushel, 3002400. Kale, bushel, 30u40. . Let- tucs, basket, 150a306. Onions, 100 nund-. 1502300, Oystérplants, 10 800. - Parsuips, el 350126 m. bushel, xoounh P‘pn ers, cra 1602300. Spt ushel,. 752100, Boubah, crate 300ai00 " Tomatoes, a;neo 0a400. Turnips,.: basket, ples - packed, barrél. 260a500, vushor. S0alss, Jooss, 100 pounds, 1408 166 basket, 40a50. - Cranberrtes, 12.00814.00. Grapsfruit, box. . " Oranges, box, 300a375. Btrawbeérries. quart, 35a45. Tanger- ines, one-half strap, 250a350. Sélling Prices at 12:30, Wheat—No. 1 red winter, spot, no uotation: 0. 2 red. winter. Epot, L31% ; No. 3 red winter. spot, no: quo- No. 2 red winter, garlicky. X 0. 3 red winter, garlicky, no, Quotations; Jandary, L30. Bales—None. orn=—Cob corn, néw, 34 per barrel; contract, spoL 82% per bushel: corn, spot, i No. 4, no" quotations: track corn, )1l ow, No. 3, new or_bet- ter. 861% and 87 per bushel. &, 0. 2, 547; per bushol No. £pot, per uouuonn. A3 Rocaipts, 13 tons. market for top grade of timothy and light clover mixed, 16.00226.00 per ton, and for ,00: No. 1 Whi OAt, nominal, 13 ODIII 200. TODAY'S CHICAGO PRICES: ! CHICAGO, January 9.—~Cammission Rouse buyving based on strength of sterling exchange and on reports of| rbught conditions Eouthwest tufned jrheat upward‘in price today dur- ing the eariy dealin The - fact that AT the opening scliers were leas numerous’ than have been generally cted_Iu view of the reparations | rlels counted also as a bullish fac- | toF. A large increase in the Canadian visible zupply total was virtually The . opening, which varted from unchanged figures to % off. with May TATH o 1 h, and July 1305 to 1.10%. was foliowed hy mod- erate general advance. In corn and oats as well as in wheat unlooked- fof - scarcity of ofterings-tendered to lift values. After opening at % to % decline. May 704 to 70%, the corh market scored gains all around. Oats started a shade lower to a #hade advance, May 43% to. 44, and thén ascended with other ocereal; Provisions were firm, M lin with despite lower quotations on | Clone. | 1188 [y Ope; # i N gg:«mum. G 8F 33 g bha Sp g o2 -DAIRY PRODUCTS. - - BALTIMORE, January 9 (Special). =Live poultry—Turkéys, pound, JOIi 43; old toms, 35 poor and crooked | breasts, 30: spring chickens, -26a22; of and leghorns, 20a24; old hens, { 24327; small and leghorns, 19a22; old | roosters, 15a18; duckp, T0aZT; geese, 20a27 plleom pair, 30a35; guinea fowl, ‘each, 10870. Dressed pouhryu‘rurkey 2Tadd; old toms, 38a37; poor and crooked breasts, 30; voung chickens. 2Ga26 old and mixed. 24 old roosters; 17a18; ducks, 25a30; geese, 24230, Bggs—Loss off, native and- nearb; firsts, Gozen, 47a1S; -southern, 45844 Bnlle\'—ct?lh\l ¥, fanay, _pound, 54: prints, 84a56; neurby oreamer: uui. lndln, !hl& s, 3843 rol norc acked, {ry prints, fln nr’oun huueg 41842, CHICAGO LIVE STOCK MARKET. CHICAGO, January 8 (United States Dturtmm! of Agriculture) ~—~Hogs— Racaipts, 68,000 head; butchers steady, 1ight hogs 5 centa lower; bulk. 225 to 0 .pound butehers: 8.45a8.55; bulk, un to 200 pound avera o $.6528.7, £.75; bulk, weighty paoker {country declared i for seed | INFINE CONDTON Tourist Business for Season of Year Also Reported Best in History. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, January 9.—-There is small likelfhood that the spread be- tween the relative prices a farmer Pays for what he buys and ‘what he recelves for what he raises will' be dimini¢hed in 1923. Reports from all oyer the country:today indicated that prospects for andcther large wheat crop were éxcellent. In west Texis, growers declared today, the 1923 wheat crop already was assured. Plantings in the south and west of winter wheat bave been exceptionally heavy and the grain has bBeen sided by weather conditions, The big fields of .the Miller and Lux and Baldwin ranches in California never were in better condition. Crops in Fine Conditions. The dust-sown winter wheat in the Palouss and in other districts of Oregon, Washington and Idaho has sprouted in splendid style, according o ‘reports from Walla Walla today The JSarry-over from. 1933 will be heavy. lany farmers still have 20 Per cent or more of their grain un- dll osed of, Others are holdipg fruit potatoes in storage lor igher prlee- Even undér the most favora- ble conditions improvement in Euro- péan affairs cannot alter greatly the amount of produce continentai na- tions can pay for antll afudr he 1923 crops are i xpe hold out littie hope of chnnn in the export sifuation for some time to come, although there undoubtedly has béen an improvement in markets to South America and the orlent. Tourist Business Rushing. As & consequence of these éond:- tions cries and moans of palm and rage probably will continue to arise from agricultural centers, but Befors 100 many tears are wasted oh the hard fate of the tiller of the soil con- sult rallroad passenger agents. The heaviest winter tourist travel in vears has begun since the holidays. OMeials of the Rock Inland reported - today that the road expected to trausport the greéatest number of people from Tow4 and Minneésota ts California hia year In the history of the road. interexts of ench siate largely an agricultural. Extra sleepers and e ri_sections of trains are being re- quired to transport towrlsts tod: from the east and middle west to Coi- orado-and California. Travel to Mex- ico s increasing after a lapse of twelve vears. due to_unsettléd cop- ditions in that countfy. Many Geing Abdrend. Vessels leaving” New York for the Caribbean are booked to the gun- walés with winter fourists, . The trains on ‘land highways leading to the Carolinas, Georgla and Florida are packed with travelers. Hotel men with hosteiries all over the today ' that they looked for the ‘best and steadiest travel business during the next three months that they have cvér experi- enced. Hotels in nearly every busi- ness and marketing center are booked well into March with reservations for large and small business groups com- ing for sales meétings or conventions as well as for tourists, As the farmer and the miltjonaire are the two classss which can most easily fpare thé time for ‘travel dur- Ing the winter months. the fate of the farmer-in 1923 ddes not appear hopeless. - - o New Era'Seén in. Movies, Announcement taday by & Trgs manufaciyrer of photographia sup- plice that'a néw motion-picture cani- era had been' nerfected for. individual and amateut use i believed 10 mark a distinct neriod {n the advance ef the cumera i{ndustrv. Many experls predicted that it would . dévelop - 1o almost as great an extent as the radio craze. The_advence in crude rubber elose 1o {he 30-cent mark has followed. the arrival of thé absorption of thé ship- ments from the' far east, which were sent ot of the Malay péninsula be- fora the tax restriotions went futo effect. The resuiting diminution of shipments has strengthened ths mar- ket position of the commodity. Texas Farmers to Plant Very Large Cotton Crop Special Dispateh to The Star. HOUSTON. January 6. —Inquiries indicate that planting of -r:nrmh in Texas llh(» vear will he véry heavy. Similar conditions vail in re ne. Experts -iné cotton acreage will be materially increased by thé present high prices for. the staple. On southwest Texas, cotton planting néw’ s under way and mereage in that séction shows a de- clded incrense, The truch growers alon the lowe: Rio Grande expect a goa year. Pittsburgh Gets 1,732 New Buildings During. Year Kpecial Dispatch 1o The Star. v PITTSBURGH. Janvary 9.--As a ré sult of the building boom of the past year Pitisburgh has 1.732 naw dwell ings and apartmént houses. Tota construction durml the vear anount- ed to $35, néw . record Schools now &re heing erected ouisias the city, but witthin th countrs wlileh will cost $1,000.000. Steel companies’ whose orders fell off in December have picked up again and it i difiicult to secure deliverie: in 1ess than six weeke. (Capyright, - 1928) — AETNA HEAD RESIGNS. ; W. B. Clark Fire Insusince Presi- deént Qver Thirty Years. HARTI—‘ORD Conn., January William B, Joien Drealdhnl of the Aétna (Fir y nsurance Company, and . for more aT85: -des 3":'11 vm:“ 5250861 vy b 3 al m um, T “: 5ak.t 1ight l|¢h|m sacking sows: th [15; packing Ao\r:, rou:h, 408 g, e aToce: 15,000 héad: fale, tle—Recelpte, ve; beet stoors and beck cows 1y active; i beet covs iters_steady to Pd:nor oe“ better grades; carly top matured steers, 11.00; 1 10.2 to higher; vea %";flfnu- ok dosirable vedl ca T0.80a11.00 shlppers.. up: ) bulk desirable boiog i beet bllll active;’| bulk stock- " & .pound’ ua V16 gestrabls’ $2-pou 2 rrln' Ty T .ldlnt'%lfll"l steady at Jariuary- J. t ;l:“ e g::" o o 0 “There “wi 0 op- onfcaca. Stream, of Shaffer & elected president Board of Trade.’ " posing candidate. ——-—‘———v—-—- “$TOCK MELON vnnn : "BAN FRANCISCO, JEnuary’ 9.—The Unlou olr Company of Califéfnia has dedlared dividend ll.Ts share. t.{lbl! Jumnry b mlnr- record at the close T Jany T than sixty.five ;:-;:.ln the insurance husiness, hAS resi and mirn B.1ves ot resident at the Aetn: nnch. Wwas elected to. tute a4 him Clark will continue -as chalrmas o( ‘the board of directors. - B ROAD TO mmum NEW YORK, Jlnmr, rom Denver that negotiations M n' 5ureh-n ot [ne_ Denver the past asserting that an nouncement wae “aaclan y: I3 ress looking toward & Swisstion ot the Den Snrm. Western -that would eptable to the bondholdes ou financially intetested in ¢ s AUTOMOBILE PRICE CUTS. NEW YORK, January: %:-In. com nection . with the announcement of naw models Chandler Motor. Car Com» pmy'rn made price reductions rang. ing from 350 to $100 a car. New fac- y nrleq’ of five BAppsnmer touring is $1,395, reduced d a simi- lar rgn on the sedan brings price 1o 2,27 Cole 'Mofor Car Compény, Fas madé price reductions ranging trom $600 o $800 & car. New Aotory price of kourlnx;:r la'l;.’!:‘ uou‘.:"o,; former price o sz{m Sedan now lists ut"’fi or $708 less than (urmorb.

Other pages from this issue: