Evening Star Newspaper, January 20, 1923, Page 18

FINANCIAL NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office it UT FEW CHANGES INSTOCK PRICES Leading Moves Are Upward. Ruhr News Ignored—Marks Reach Extreme Low. BY STUART P. WE Bpecial Dispatch to The Star. NEW YOEK, January 20.—Tle se- curity markets continued to show ine difference today to the news from the Rubr. Little change occurred in stock prices, but _the principal move- ments wero upward. quarter in which uneasi- ness was sfown was In French ex- change. which broke sharply, and in the German mark, which returned to its extres low. Sterling was steady in f; the weakness in continental rates. In the stock and bond markets sterling was less active, - but the strength which had been manifested all through the crisis produced by the French antry into the Ruhr was maintained. Even ¥French, govern- ment issues were quoted a half point or more abeve their Jow points. In no day far this year was there #o0 little change in the general price Tist There was special weakness in Pressed Stecl Car stocks on the as- sumption that_the directors at their meeting next Wednesday would pass the regular preferred dividend. The preferred and common stocks broke 2 and 4 points, respectively. and their drop attracted considerable atten- tion. 25,000,000 STOCK | ISSUE IS RATIFIED Pan-American Shareholders Also Agree to Big Increase in Common. Br the Associatad Press NEW YORK, January holders of the Pan-American troleum and Transport Company at & special ‘meeting today ratified the action of the board of directors In authorizing the crea of an issue of £25,000,000 of cent cumu- lative preferred sto They also ratified the common_stock to § be ¢ 350, The new stocks, it would be used for future corporate purposes. Part of * the . additional common issue will he used to pro- vide stock for the 20 per cent divi- dend recently declared. ~ GERMAN DEBT MOUNTS. Ploating Obligations, December, Reach 1,495,000,000,000 Marks. The floatirg debt of Germany had mounted at the last of December to 1 00,000,000 marks, the Department of Commerce announced today. The note circulation of the Reichsbank at the end of December, 1922, totaled 1.200,000,000,000 marks, and’ private discounts at ‘the Reichsbank amounted to 422,235.000.000 marks on December 30, as compared with 247,000,000,000 a month before. The cost of living in Germany showed a 65 per cent increase from November to December, as compared with a 102 per cent increase from October to No- vember. Rehts in Berlin averaged on January 1 about forty times the pre: war figure, e e FOREIGN EXCHANGE. (Quotations furalshed by W. B. Hibbs & Co.) Nominal Selling checks, gold value. today,12:00. . 48685 20.—~Stock- Pe- an increase m - §12 1 of the increase to k with & par value of in Athens, dra Madrid, peseta. Vienna. crown. Budapest, ¢ Pra { By the Associated Press. NEW YORK, January 20.—Forecign exchanges easy. Quotations ~ (in|{ demand, cents) Great Britain, demand, 4.66; cables, 4.66%;; sixty-day bills on banks, 4.64. France, demand, .0649%; cables, L0650 Ttaly, 0474%; cables, 0474 Belgium, demand, .0588; ocables, 058814, Germany, demand, .000053; cables, 000054, Holland, demand, .3956; cables, .3957. Nor:! demand, .1867; Sweden, de- , .2686; Denmark, demand. .1924; demand, [1870: Spain, Gre demand, .6122; | Poland, demand, .000034; Czechoslo- vakia, demand, .02781%; Argentina, demand 7; Brazil, demand, .1150; Mbntreal, .99, i BAR SILVER PRICES. LONDON, January 321-16 pence per oun Money, 1% Discount rates, short bills, 2 per cent; three months' bills, 2%a 23-16 per cent. NEW YORK, January 20.-—Koreign bar silver, 65%; Mexicin dollars, 50%: SHRINE AUTO CLUB FETE. Entertainment at Colonial Hotel Tonight Is Announced. With the biggost job in its history resting on its young shoulders, the Almas Automobile Club, which will entertain vast number of 35,000 automobilists, who -are expected in Washington next summer, when the Imperial Council of the Mystic Shrine convenes here, will stage the first of a serles of dances and ‘card parties tonight to raise funds with which fo carry on the work of entertainment. a 00,000 | was_stated. | Alr Reduction. . The affair will be held at the Colo- nial Hotel, 15th and M streets north- ‘west, opening at 3 o'clock. Dunean: F. Power, proprietor of the hotel, who is both a Shriner and a ber of the club, had donated the-use of the ¥pacious diniag room and ballroom fn his establishment. The entertainment commfttee, of which Mr. Power Is-cheirman, is com- posed of Charles Potter, Capt Cox, U. 8. A.; Jack Bernste Meyers, Dr. W. P. Wood, J. J. Geor, Harry W. Tay Dr. Charles W. Cuthbertson and H. Bmith. The club, which' is located on the ‘West river, about thirty mi! this city on a good'road, has re organized. The new president drew Loefller and the vice president s Roe Fulkerson. ¢ Arrangements are bsing made to earo for automobilists who want to camp on the grounds at the club, both ‘before and . after the convention, which lasts four days. He Had It Named Correctly. —So you- wrote & ';:?eu ‘Bnonn:';'u'ngf" Have you heard from it yet? Famo! Fed Mines & S pf.. Fifth Ave Bus wi.. Allled Chemical Am Agr Clemic lAm Agr Chem pt. Am Bosch. ....... Am Brake Shoe pf. Am Can...... Am Chicle Co.. Am Cotton Oll.... 1T% Am Cotton Oll pf.. 85 Am Druggist. &% Am Ice. .y Am International. 25% Am La France Am Linseed. Am Safety Razor.. Am Ship & Com... Am Smelting. Am-Steel Fdy. Am Sumatra pf. |Am Tel & Teleg. Am Tobacco Am Tobacco Am Tobac pf (n) Am W Wks 6% p! Am W Wks 7% pf. Am Wholesale pf. Am Woolen. ...... Am Writing Pr pt, Am'Zink & Ld pf. . Anaconda. .. Asso Dry Good, Assoclated Ol Atchison..., 101 Atlanta Bir & Atl. Atlantie Gulf. Atlantic Ref. Austin Nichols Baldwin Loce. Baldwin Loco pf.. Balto & Ohlo. Balto & Ohio pf. Beechnut Packing ‘Beth Steel (B) Beth St1.7% (1).. »! Bklyn Edison Bkl¥n Rapld Tran. 1% Brown Sho . % Butte Copper. Butte & Superior.. 2% Butterick.... .19 California Pcking. California Petrol. California Pete pf. 9% Callahan Zinc..... 10 Canadlan Pacific.. 162% Case (JI) pf... Cerro de Pasco. Certain-Teed. Chandler Motor... Chesap'ke & Ohio. Chi & Alton. .. Chi & Alton pf. . Chi & East 111. . Chi Great Westrn. Chl Great W pf.... {ChiMil &StP.. .. ChiMil & St P Chi & Northwn. Chi Pheumat To ChiR I & Pacific.. ChiRI &P 7% pf. Chile Copper Chino Copper. Cluett Peabod. Coca-Cola. Colo Fuel. Colo & Southern.. Columbia Gas. Columb’a Graph Consol Gas new Cons Textlile. Cont Can. . Cont Can w i . Continental Motors Corn Products Cosden & Co Crugclble Stee! Cuban-Am Sug: Cuba Cane 5ug! De1 & Hudson. Del Lack & Wstn. 126 Dome Mine Dupont (E Dupont deb. Eastman Kodal {Electric Stor Bat Endicott-Johnson. E " |{Gen Motors pf Gen Mot 6% deb. Gray & Dav c Great Northern ptf. Great Nor Ore. . Gulf States Steel.. Hartman Corp. Houston Oil. Hudson Mators. Hupp Motors Hydraulic Steel. Iilinote Central. Inspiration...... Interboro Metro.. Interborough pf. ... Int Combustion E Int Mer Marine. . 1nt Mer Marine pt. Int Nicke Intl Paper Invinaible 1sland Oil. .. Jones & L'ghlin Kansas & Gulf Co. 'Ransas City Sou.. Kansas C Sou pt Kayser (Julius) Kayser (J) pf.. Kelly-Spring Tire. Kennecott. Lorillard (P). Mack Truck. . Mack Truck 1st. Mo Pacific........ Mo Pacific pt. Montana Power... Montgomery Ward Moon Motors. .... Mother Lode Cltn. Nash Motors Natl Acme.. Pacific Develop... 1fic Pan-Amer Pete. .. Pan-Am Pete (B). Pennsylvania. ... Penn Seahd St People’s Gas. . Pore Marquett Pere. Pere book entitled | Phi rq pt. rq prior pt. phia Co... % 2% 1% 8% 0% Y% 1% . 128% -1 iy - % pt W% % 20 9% Y% 5% 2% "% ut 8% 0% 2 28% n% -~ m % w% 14k 6% 4 4 4% 8% B 4 8% 5 |Plerceolt..., 0% | Piggly- Wi 5|Reynolds Tob pf B Plerce Oil pf. Pitts & W' ly Pressed Stl Car p! Produ of, PublicBervot N J. Rep Iron & Stl pf. Reynolds Springs. 22 Reynalds Tob (B). Royal Dutehb. ... .. 8t Joseph Lead.... StL & San Fran... St Louis Southwn, St Louis Sown pf. Seaboard Air Lin Seaboard A L pf. Sears Rosbuck. Shell Unlon, . Sinclair Ol Skelly O11 ; |Sloss-Shemeld. 4 |Union Tank Cr p % | Ainancial § pseasssz.gmsasesssy 3 §afgroggliay 4ge=g32859,3280° WEEK Sloss-Sheflieid ¥ Spicer Mfg Co.... Standard Milllng .. |Stand O1l of Caliz. Stand Oll of N J wi Steel & Tube pt. Stewart-Warner, Stromberg Carb. Studebaker Submarine Boat. .. Tenn Copper. .. Texas Company . Texas Gulf Sulphur Texas & Pacific. .. Texas & P C & Ofl. Third Avenue..... Timken Bearing.. Tobacco Prod A... Tol St L& W pf... Trans Contl Oil... Union Pacific Unlon Pacific pt. United Ry Inv. U S Food Prod.... U & Indus Alcohol. U S Hoffman Mch. U S Realty. . U U S Steel. Utah Coppe: . Vanadium Corp. . Van Raalte...... Va-Car Chem'’l pf. Vivadou. Wabash. Wabash pf (A) Western Md. Western Unfon. gg*shageyeg. sogsafye 8zhss 814 8% n W% T % %8 5 3 HOURLY SALES OF STOCKS. 11am 1w 12\ 267 70 ————— SEESLITTLE CHANGE NSTOCKS Home Conditions Appear to Outweigh Depressing Sit- uation Abroad. ¥ By the Associated Press. NEW YORK, January 20.—Some of the chief developments of this week's markets - were the acute weakness of French and Belglan bonds, new high records in the cot- ton market and the collapse of Ger- man exchange, which showed an ex- treme depression of more than 50 per cent during the week. Stock prices showed few material changes at the close of business last night. Short interests made two at- tempts to unsettle prices, timing their drives on the market to coineide with unfavorable news dispatches from abroad. While eubstantial recessions were forced in the prices of a num- ber of the leaders, the bear attacks were- abandonsd when it was found that the volume of forced liquida- tion was comparatively small. Op- erators for the advance then took control of the market and succeeded in bringing about a good recovery. Home Conditions Dominate. The course of prices indicated that in the main the shortening supply of stocks was closely held in the hands of professional interests and that domestic conditions wers likely to continue as the dominating factor | in _determining quoted valy Speculators for the advance found several encouraging developments in the domestic situation to ald them in their operations. These included higher crude oil prices: the resump- tion of dividends on Republic Steel preferred, combined with operations at 85 per cent of capacity in that industry and a stiffening price tend- ency; increased carloadings, particu larly of general merchandlse, and low money rates. Principal agiivity in the stock market continued to be centered in shares of companies representing lafge ourrent earnings and. in which there I8 a possibility of more favor- able dividend action. - Several pooils were active in those shares. Money Market Easy in Tome. A new high record for Indian rupee exchange probably = explains movement of approximately $1,600,~ 000 in'gold from -this country to In- dia, via London, during the week. - The money market continues vasy in_tone, the ruling rate for funds on call being about ¢ per gent, Plenty of time money is avallable at 4% "per cent, but brokers continue to bid only 4% for the longer maturities. Some thirty-day loans are- arranged t 4%. e RUSSIA AFTER U.S. COTTON Dr. Hutchinson - Reports Sale by New York Broker. NEW YORK, January 20.—Dr. Mil- ler Reese Hutchinson, scientific ex- pert of-the American Cotton Assocla- tion, sald last night he had been in- formed by one of the largest cotton brokers in New York that officlals of soviet Russia had bought 5,000 bales of cotton . in the New York market, and were desirous of buying 45,000 more bales in this country.” Russia has bought no cotton -in America sinoe the revolution. ‘Terms_upom which the sales were said to have been made were 75 per cent cash and 25 per cent in six months, security belng on deposit in the Bank of England. — STATE BANK ORGANIZED. $T. PAUL, January 30 (Special).— Organisation of & larke state bank in the new industrisl district which will be built up around:the new Ford factory has been completed and a building to house the enterprise will % 9% sjsigamsces g $§3s-5855 zpngesy the | ¥ TONECONTINUES Recovery Today—Some - Notable Features. . g Z BY GEORGE T. HUGHES, Bpecial Digpaten to The Star. proved ' tone noted in - yesterday's bond ' market continued today 'al- theugh activity was not on a very large scale during the two. hours of trading. The advances were mostly among second-grade and speculative fssues. A very notable instancewas the Sun of over 4 points in Marland il 85 with warrants. Each of these bonds carries a detachable warrant entitling the. holder to subscribe yto twenty-five shares of Marland Oil at 40. The stock has been very active around 33 recently. It sold above 34 today. Another point of interest was fur- nished by the new Anaconda securities, particularly the debenture 7s, which sold on a “when Issued” basis s frac- tion above the offering price. Aside from . these special features speculative ralls, as a class, were firm- er than In some time, probably reflact- ing & more optimistic feeling as to the future of the-rallroads, In the foreign list the feature was the recovery in the issues garded as the most highly speculative and which have sustained the severest losses, French bonds held around yes- terday's prices. Liberties wers very dull and practically unchdnged, . nor way there any Interest shown in high- grade securities. ———s =3I WHEAT TRADERS SCOUT IDEA OF ANY REAL WAR Europe in No Financial Condition for Military Operations on Large Scale. By the Associated Press. CHICAGO, January 20.—Although wheat made a decided upturn in price at one time this week when reports were current that German troops were being mobllized, the majority of traders appeared to be acting later on the view that it was an open question whether warlike develop- ments would at present enhance &rain values. €ompared with a week ago, wheat prices this morning rang- ed from & decline to % advance, corn showed %a% to 1% gain, with oats up 4 to %.and provisions un- changed to 42ai5 higher, Reports touching chances of peace or war attracted much more notice than any other subject discussed among wheat traders, but the most | prevalent opinion was that European icountries were In no financial posi- [tion for military clashes on a large scale, and that ar hostilities of « subordinate character would result chiefly in further curtailing power 10 buy. On the other hand, dry weath- jer adversely aftecting great areas of the domestic winter wheat territory made would-be sellers more cautious than would otherwise be the case at this season. JELLY CANNERS URGE Advantage - of - Standardization Stressed at Convention of Pre- servers’ Association, Claiming representation of 80 per cent of-the jam, jelly and preserves canners of the United States, the Na- tional Preservers and Fruit Products Assoclation s meeting at the Raleigh Hotel for its fourth annual conven- tion. 3 Standardization of containers form- ed the principal topic of discussion jat Yesterdaya meeting, Marcus Blakemore in his an port declared that need for stan- dardizing was more pressing - than ever and -that adoption. of standard i !en. t to 'packer and to oconsumer. Action at the first segsion yester- President :nv included eppointment of a num- | Toledo of t committees, the Kon and ad- ress of President Blakemore, the yreport of Executive Secretary Daniel R. Forbes, the report of Secretary- Treasurer E. W. Collins. an address on “Freight Rates and Giass Contain- ers’” by Joseph C. Colquitt, trafic attorney and expert: special reports by the traffic committes, headed by J. F. Harrls: a report on cost account- {ing. by H. P. Forte, and , a talk on jlegislation, by R. U. Delapenha. Yesterday afternoon’s Session was a_ joint session with the National Slrur and Molasses Association, which is also meeting in Washington. Sol Brown of the Dunbar Molasses and Sirup Company presided. Among the speakers were Samuel E. M. Crocker 0f the Department of Commerce. Mil. lard ¥. Hudson of the Federal Trade Commission, Walter- G. Campbeil o the bureau of chemistry, Secretary A. L. Loomis of the National Grange and Mrg. Christine Frederick, home eca- nomiss expert. ‘ This morning’s ‘session heard ad- dresses by ghe following: M. M. Mar- cys, tax expert; Dr. W. W. gKinner of the bureau of chemistry, George Cobb of the American Can Company, J. R. Kesler, who spoke on “Raw Ma- Ford and John “Publleity.” ness, conglusion of unfinished. -bu; ness and fon of ofcers will con- stitute the program for this after- noon’s session. al BUTTER MARKETS CLOSE - UNSETTLED AND WEAK By the Associated Press. CHICAGO, January 2 markets generally ended . the. week. ungettled and weak, a direct contrast to trading on the opening days. e week opened with the market in the hunr‘t h;'w ::nl l?‘f"’l‘o .‘zu a ttncrl.dl recession valu Tounice: scores. ' Real" i on_the tog sup- lcl!a( hu!m port wag and stock falled to move in a satistactory manner. CHICAGO, January 20.~Following is a report of today's sa)es, high, low and clodn{ quotations; at the Chicago ock Exchange. - ARIS, Japuary 20~Tradi 8 s el et - “dotia oy U . Lib Foreign List Shows Further NEW. YORK, Januaty 20.~The im-| oo enerally re- | N UNIFORM CONTAINERS |S&is3s re- | Sinclalr Of! 7s. . es or jars would be of mutuslStand UNITED STATES B0MDS. - Sales ). e kL 71 AU 21 Vietsy hats U8 4%s 1! FOREIGN GOVERNMENT, STATE . _AND MUNIGIPAL. . Wik Low. Clete 1% e 198, Chile 88 1941, . Copenhagen 5%s French Govt 7%, Halit! 6s ct.fy 3338 =3eesaziaadaifisssesinged .E %5 ueensland 6s.. . Rio de Jan bs 1946, Riode Jan 82 1947 Sao Pal 33 28 .S g 72 146% 108% 108% W% MISCELLANEOUS. @ Ajax Rubber 8s. . 9615 Ud Kingdom 5%z 2. Udmnld:mS*l'ST- 4 | Zurich S Am Sugar Ref 6s. AmT&TcltrBs. Anaconda lst 8s w | Anton Jergens cv 68 Armour & Co 4 4. Atlantic Refining Ss. Bell Telo Pa7s. %, 7 ear Tire 85°31. 54 Goodyear Tire 88°41. 15 Holland-Amer s £ 5. Humble Ol & R 5%; Indiana Steel Ts. . [7iv 7ox BON % | Havana 15 | Til Central 5%4s. . Direct te The Siar ‘v> '”‘MI‘ o8 2938 #e32.f - 5 S Q 00000 3 LT EEET T T T SREPRRRR: coai x £ £l z 7810t sta.. 10 R&Pitisd%e. 2 Canadian North 7 = tl :iiic‘:’g- IT] & H .. Chi & Alton 35 1949 Chi B& Q 15t ¥t 5 Chi & Fast 11l gn bs. . Chl Great West 4 0% 127.00; Delicious, 4@ iz reat North gen § Green B & W deb B., ERL&PSS Hudson & Man ref Hudson & Man aj b Manhattan Ry cn 4 Market St Ry cn s Mil EI Ry & L 18t 51 Egaan - New Haven cv deb New Haven deb ¢5 57 New Haven 7s. . 44s. ortalk & Weet oh se. Northern Pacific 48 North Pac ref im gs. . 18 Northern Pacific Sa. Ore Short Licn 58°46. 1 OreShort Lref 4s. ... 8 Ore-Wash 1st ref 48.. 3 Paris-Lyons-Med €s. . :3 Pennsylvania gen 5s. 41 Pennsyl gen 4 % Pennaylvania 633s. . . Pennsylvaniz gold 7s. Pennsyl con 4%s. ... Pere Marg 1st 5s. StL&SFprindsd. StL&S F inc 6 BtL&BF5%sD. StL&BFadjés..,.. StL&BFpriussC. Seaboard A L ésata.. 1 Seaboard A Lirefds.. ¢ Seaboard A L adfbs.. 5¢ Seaboard A L con 6s. 25 - veve 10 Bou Pacificref 4s..,. 15 canca~B8aBee 109% . 0% 11034 84 98% % 16 Bols vavwo Ry Sou Ry Moblle & Third Ave ref ¢s. Third Ave ad) b Unlon Pacific 1 Union Pacific cv és. New York Tel 4 v North Am Ed!son §s. States bs. Packard Motor 8s. PhilaCorvef S8 A. Produders & Ref & Producers & Rf 8s w. Public Service bs. 8ln Crude Oil 5348, . §ags3z¥%2a565Eenl SiigiangTeraiinngey giiogginnntey FEENRT R RENs dvouielnEuuaSeal aoonnSaubasil §3iaazfsgnazangy =k Wilion & Co Ist 6e. .. WALL STREET NOTES. American Locomotive Gets New Order—S8tocks Ex-Dividend. Special Dispatch to The Star. - NEW . YORK, Janudry 20.~The Amerlean Locomotive ‘Company has recelved orders for thirty-slx locomo- tives—aixtean from’ Canadian Pacific, ViFginian, fifteen; Loulsville, Hénder- son and St.Louis, five—with & total value of-about $2,000,000. Regular: qimsterly dividends: Na- qunu Enameling and Stamping Com- pany, Iron Products Corporation pre- terred, Madison 8afe Deposit. B New York ‘bank cledrings, $787,000;- 000." New Yotk bank: balances, $7L. 000,000. New York Federsl Reserve Fodits, $58,000,000. B%x?:{':-ol?-;rnt‘moh o Jta B ox oot the Baldwin faie Roped i accorsplish-by the bogus letter sent out Friday.- Sowme thought the for letter might have been y ona. bullish on- the gtock, Whao_hoped | to get some cheap stock by gmfln; H i of dwin. , e D Svidant from thewstlon of the in ‘the prices of refined.sugnr had Sutn discganted. Sugar whares, as a| group;. ply ‘marked time in- face .5¢ the announcement thet all refiners had reduced their pricesito 6.70 cents per_pound 3nd that raw sugars were barely steady. W d sed: by same |- Un Pacific 1st ref ¢ Va Ry & Pow Ist §s. ‘Western Maryland 48 Western Pacific be. .. Wisconsin Ct gen ds. 2 TOTAL SALES ( lam... 3353000 12noo: SHORT-TERM SECURITIES, (Quotations furnished by Redmond & Co.) Aluminum Co. of Amer. 7s 1925. 1 Aluminum Co. of 933, 1929, Auaconda Copper 7s 192 Anglo-American Off 7} A Co. 75 1880, Kansas City Term, fi.':-.emi‘m:, 7w 1930.. : Ti%s 1 b TREASURY CERTIFICATES, (Quotations furnfahed by Redmond & Co.) - lose. —— Rate—Maturity, °::1nr. 100 100 132 90 15-16 100 1-33 #0.13-16 100 101 f1.10 {otas 1019.16" 101 1048 100.3-16 100 # 15-16 100 .18 ”» 10085 10011 9 10,18 100 18 -WARNS BUSINESS FIRMS, P. 0. Department Informed of Ca- nadian Fraud Money Orders, Hotels and business ‘firms ware ed’ by the Postm: for unidentined -has been received b; he . Post ce Department . that money orders. issued in, Canada for small-sims:are being raised to larger | weel amounts and. presented at hotels gnd Business -houses for cashing. - *10. Canddian and United States officials are co-operating t onsible for thfs new scheme to feace Americans, . Officials for many §|{years haye been.troubled by fraud chemes operated here by persons in MOUNT . VERNON. ‘Obis, Jenuary|? 20.—Fire of sarly MK 3 undetermined origin ., e an troyed the main build- e e 3 onnding tructures, with: & loss estimated at A erd }lim,_mvlweu be :-mpl& y thfown out” of 109% | Eggplants, per cratc, per “dozen, - 1. 7% | Crate, 8.0045.50. %4 | bushel, i FINANCIAL LOCAL WHOLESALE MARKET. Warmer weather thig morning af- fected the general wholesale market. Not much change in prices was noted, however,. and the general demand Was anything but brisk. The butter market iremained frm, While the egg market showed signs of -weakness. Meat market condi- tlons experienced no change since Yesterday, and there were ample sup- lni:'v; of frults ‘and vegetables on Eggs—Strictly fresh, selected candled, per dozen, 38; average receipts, 35; southern, 35. Cold storage eygs. 27. Live poyltry—Roosters, per Ib., 15 turkeys, per 1b., 35:, spring chick- N8, Der 1b., 37a28; keats, young, each,i 60; r’:n‘:e’:' entll), 23. chickens, pp:;ulll:.{ aé’.’f::!l ::g:?n:l;fll? znz,zg Fopsters, per Ib; 18; turkey ?:‘r‘ol “» 38245;" keafs, 'young, ecach, Live stock—Calve 14 medium, per Ib., i3a13%; % 635, ‘Lambs, choice, per 1 ;l‘vrovlbplls-. 3.0028.00 each; lve Green fruits—Apples, per bbl., 1.75 No. 1, per bbl., 6.00a 7.80. = California orariges, per crate, 5.0026.00; Florida, 4.0025.00. Lemons, box, 3.6024.50. Grapefruit, 3,008 'otatoes, per 1. 280a3.00; per sack. 300a 1.00. Sweet rolina, 75a1.50; nearby, : _per crate, soythern, 3 Romaine lettuce, per crate;: f08 Toeberg . lettuce, . per —crate, Y60" GaDbage northern, 1.76a2.00 per nearby cabbage. per 1.3682.25:" southern, 225580 per basket: 2.5085.00. Toma- Beans, - cholce, per. 1b. hin, per 10es, per box, Florida, 2. 2.0024.00 per basket. 1 basket, e per barrel. 5a3.25. ;" California, per ). ifornia grapes, per crate, 3.0084.00. Brussel sprouts, 20.25. GRAIN AND PROVISIONS. BALTIMORE, Md., January 20 (Spe- fial) —Potatoes, white, 100 ‘pounds, 0a1.35; 150 pounds, 90a2.15: sweets, barrel,” 75a1.76; bushel, 25a60; y barrel, 1.00a1:150; bushel, beans, bushel, 2.75a4.00; eets, bushel, 76a85; broccoli, bushel, 30a40: brus- sels sprouts. quart, 15230: - cabbage, ton. 20.00a2500; savoy, bushel, -Tou 1.00; caulifiower, crate, 1.50a1.75; car- rots, bushel, 50a60: calery, crate, 3.5024.00; cucumbers, crate, 3.50a7.00; eggplants, crate. 4.00; radish, bushel, 2 30a40;" lettuce. cra pounds, 1.50a3.25; oyster plants, 100, 5.00a8.00; ‘parsnips, bushef, 1.25a1.40; Peas bushel, 2.00a4.00; peppers, crate, 1.50a2.60; spinach, 'bushel, ' 65a90: tquash, babket, 2.50a3.50: tomatoes, crate,~3.50a6.80; turnips, bushel, 50a65. Apples. packed, barrel, 2.0025.00; 50a1.50; Ioose, 40a60: cranber- 10.00a12.00. Grapefruit, Oranges, box, 8.25a4.25. quart, 45, Tanger- ings. one-halt stra 0a2.7 ‘Wheat—No. 1 red winter,. spot, no No. 2 red winter, spot, winter, spot, no 3 rad wint - Heky, 1.33%: No. inter, gi licky, no_quotations: January, 1.32%. Bales—None. 2 Corn—Cob corn, new, 4.25 per bar- rel; confract, spot, 83 per bushel: No. 3 corn, spot, 841%: No. 4, no quota- tions; track corn. vellow, No. 3, new er, 87 per bushel. Sales—None. 54% per bushel Rye—Nearby, ‘western export, ter descriptions of timothy and light thero was a falr demand under lim- ited receipts at a range of 17.00 to 21.00 per ton. Straw—No, 1 tangled rye, 15.00a 16.00; No. 1 ‘wheat, 11.00212.00; No. 1 oat, nominal, 12.00a13,00. TODAY'S CHICAGO PRICES. CHICAGO, January 20.—Lowest prices of the week were touched in the wheat market today during the early dealings. Reports that cargoes of wheat orl{:nllly intended for Ger. many were being diverted to Bng- lapd had a bearish effect. On the othér hand, continued dry weather in the domestic winter wheat belt falled to exert more thar' a temporary sus- taining Influencs on prices. The open- ing, which runged from % decline to % advance, with May, 1.18%§ to 1.18%: 2% to 1.13%, was followed by e setback all around. rn d oats receded with wheat. Spening %.off to % up. May 7 " to 73, l‘he corn 1arket underwent a general sag, May goin, 1o a disocount below Ju ‘ sonE Outs started. unchanged to % down, | May 44% to 45 and later showed | losses on =il the adtive months, ! Provisions lacked support, notwith- standing an upturn in hog values. 1Le7 11:87 o, May < 1o CHICAGO LIVE STOCK MARKET. CHICAGO, January 20.—Hogs—Ro- ceipts, 5,000 head; market fairly.active; strong to 10 cents higher: bulk, 160 6 190 pound averages, &70. to §.80; few, £.85; 200 to 220 pound’averages, {er: clipped YAl apprehend’ thoge | 8.6028.65; 240 to 300 pound® butchers mostly, 8.3588.40; packing sows gen- erally, 7.00a7.25; estimated holdover, 4,000. Heavyweight hogs, 8.15a8.35, mediumweight, 8.25a8.70; ligh 3.35; light lights. 8.60a8.85; packinj sows sméoth, 7,25a7.60; packing sows droughs, 7.00a7.30; killing pigs, $.00a 8.65. Cattle—Receipts, 500 head; com- pared with week ago beef steers and utcher she stock, 25 °to 75 cents lower; medium to good beef steerg and medium heifers showing most de- e; extreme top matured' beef Gratn Poduce i ARNERS steers, 11.60; best' long yearlin 11265, Tight kind, 11.00; eanners an cutters, 15 to 25, lower; bulls, 350 80 lower; veal calves mostly 50 high- er; stockers’ and .feeders strong - to. 15’ cents higher; week's bulk prices follow: Beet steers, 8:1629.85; stoek- ers and feeders, 6.50a7.00; bytchers she stock, 4.5086.75; canners and cut. ters, 2.850.65: veal calves. 10.50a11.25, Sheep—Receipts, 2,000 head; today mostly direet; campared week ago fat lambs steady 1010 cents high- kinds . showing most ad- fed yearling -wethers ' and dy; fat sheep wezk to §0 lightweig] ; week's toj kers; bulk desirable. wnoleg 0a14.90; clipped, 12. mer shorn up.to 13 wethers, 13.00; .I‘M.h’ts h:?:gh fat ewes, or W upward top feeding lambs, 14. TODAY'S COTTON PRICES, NEW YORK, January" 20.—Cotton €d _ steady. . January, 2830; May. 26d0; Juiy, d steady. ” Eroa- rohi; 38, 35812.9( 6. _choice Yed heavier. kinds, 28188 i Co! ret tton fu 8 ; bids: January; 28.15; Ma) e, 8.! Octob May, 28.84; July, NyEW ORLEA ton futures opene 21,77; March, 27.82; L2713 3771} October, 28.13. ~ ; Cotton futures closed steady at net Ins of 8 to 15 peints. Closing bids: nusry, 37.85; March, 27.95; May, o1; July. 2147 Octoher: 2676, Spot cofton dy, 1! r higher. les * mo-mot,v.fi i to arrive, ¢ Low middiing, 27.85; middithg, £8.00; good middling, 25.50. " oThe stupendous amount of . abiout . 000,000,000 cups of caffee aTe. ¥ | quently engage 10 SELL HUGE WHEAT CROF Growers-aelieve 6hances for Higher Prices Are Ruined by Clouds in Europe. BY J. C. ROYLE. Bpecial Dispatch to The Star. NEW YORK, January 20.—Thy European crisis has exercised on stabilizing Inflience on Americas commodity and trade. Farmers hav finally determined that in view o the -situation: in central Europs higher ‘prices for wheat are not it immediate “prospect. ~Consequently they are today releasing some of thi 1922 production, which has lowerei a dark cloud over the business sec tion in portions of the wheat belts. The attitude of the growers i typified by the determination of thi Kansas Wheat Growers' Assoclation expreseed today, to sell a certafi amount of the grain pooled by mem- bers each month. It is planned close out the wheat remaining fn thf pool, amounting to between 3,000,00) and 4,000,000 bushels, in time to mak( final ‘settlement with members be. fore the next crop matures. Similar determination is manitest to- day in the northwest, according to ad- vices by wire from t. Paul and in thy Pacific northwest, where growers ar( taking advantage of the oriental de mand for both wheat and flour, althougt the bids, mostly at $6 a barrel, Shang hal. or an equivalent of $5.50 f.o.h Portland, for flour, leave small margic of profit to elther growers or millers. Metals Are Holding Firm. The Franco-German situation, on th« - | other hand, has produced an insignifi- cant effect 6n the copper. lead agd zinc situation. Copper is firm and highes in #pite of the possible curtailment of German purchases. The financing o the Anaconda Coppér Company fellow- ing acquisition of the noldings of Chile Copper were phenomenally successful The lead and 3inc mines of the country are being pushed toward capacity pro- duction with an energy not equaled ex cept in the crucial days of the werld war. This is directly attributable ts the development of new commercial and industrial uses for non-ferrous metals Metal roofings and sidings have take: a tremendouys spurt. Zinc, &8 well as copper, has been utilised {n thest ways. Electrical equipment manu- facturers are swgmped with ordere the sales running nearly 50 per cent above average periods of 1922 “Going up” 15 the reading of every trade barometer of the textile. in dustry. It-is almost a certainty that new prices of the American Woolen Company to -be announced Monday will show increases of .15 to 26 pet cent. . Cotton cloths have advanced preceptibly this week and are in firm demand..” Manufactured silks are fi sprightly request. [ Cotton Nearer 30-Cent Level. The prices of raw wool have reach ed @ point where fine and fine mediun territory is sought at from $1.35 ta 31.45 a pound clean basis. Cotton_ is rising nearer and nearer to the 50- cent level which has been predicted for it in these columns. Raw silk, imported in quantities. heretofors unequaled, is maintaining its high levels without effort and, according to the keenest observers in the silk trade today, is likely to do so for weeks to come. No sign of weak- ness has made its appearance, either here or in Yokohama. Sugar has softened slightly, but the basic position of this commodity is unchanged, and this recession was alsa forecaat by the writer as an aceom- paniment of the cutting of thé Cuban erop. In the beet sugar field the Michi- gan growers are experiencing s, dis- appointment. Indications now are that beet growers in that section will obtain settiement on & base of not to exceed 36 a ton for their product. This, they declare, is an insufficient return. The growers of the west are in far better position. Tremendous railroad car and equip- ment orders have been placed within the last week. and financing already under way indicates an increase rather than a decrease on the books of the equipment companies. ARMY FLYER MISSING ON D. C-DAYTON TRIP Licut. McPike, With fuunger. Left Bolling Field Two Days Ago. By the Asscciated Pres DAYTON, Ohio, January 20.—Fear that Lieut. G. V. McPike of the Fair- fleld air intermediate depot, Dayton, may be lost in the mountains of West Virginia was expressed today by Lieut. A, V. Thomas, adjutant of the post. 4 Lieut. McPike left Bolling Field, Washington, D. C., Thursday for the Dayton Field. He landed at Saltville; Va., and officials here received word that he resumed his way; but noth- ing has been heard from him since. Messages were sent today from the Dayton post. to all cities between Cincinnati and Saltville to be on the lookout for Lieut. McPike. Officials «t Bolling Field today were uninformed that Lieut. McPike was miasing. Lient MePike came to Washengton this week to confer with Maj. Fickle of the division of supplies, War De- purtment, in connection with matters relating fo the administration of Mc- Pike's position ag supply officer at Fairfield air intermediate depot, it was stated at the local feld He.took off Thursdiy morning from Bolling Fleld, accompanied by ona passenger. a Mr. Myers, civillen at- tache of the Fairfieid depot. Before leaving in the bix de Haviland iib- erty-motor-equipped _airplane, which he plloted, Lieut. McPike had his machine thoroughly overhauled and inspected. Local oficers say that his motor and machine were in appar- ently perfect order en he left here. McPike, who is well known to the local officers, is about thirty years o0ld and is considered an expert air- man. He. is a graduate of the Uni- versity of Callfornie’s law depart- ment.and recelved his aviation train- ing at Texas fiying flelds, He i3 not married, v HERMAN HOLLANDER DIES IN COLUMBIA ROAD HOME Herman Hollander,” one of Wash. ington's oldest citizens, died vester- day afternoon at his residence, 147¢ Columbia road. Mr. Hollander was born in Germany in 1843, but came to this city nearly Pren's Turnisning. Dusiness, Ho subse: en's rnishing siness. = o § In"the arockery and household furnishing business and later went into the wholesale liquor business, remaining in sathe until about 1813, when he retired. He Is survived by his widow. Mra: Frances Hollander, and four children, Mrs. A. W zbers of New Yark and Mrs. Julius Hortzberg, Irvin H. and Harry H. Hollander of this city: The funeral. will be _tomorrow m o > residence. Interment - wil cemetery of the Washington Hebrew Congregation. B