Evening Star Newspaper, January 31, 1923, Page 28

FUROPE HOLDS N BUYING N HECK Stocks Irregular, But Make ;. Some Response to British Debt Agreement. BY STUART WEST to The Star YORK, January the Furopean rainties ang new buying K. isional traders operating on the short side were able to make more or less i at times in the murket to- for the most ks were well In fact, strong enough to pt rallies in the inces after each each Kpecial Disp NEW With hold- profes- in che impress dayv. But part were small and st the decline the losses supported « 1he hriy was ot % bout ¥ L ndeavored to make could out of the ol Feport. showirg the last quarter of 19 $1.25 1 fory all the United only st whereas the full common was a haif, aund the dist Dividends ainst the eneourig eai PArLY capital it States 8 uts ¢ in rttling rest of had uy an T the d Strength. steel figures, how- went was found in difornia Petrolenm a per cent dividend the maintenance by the Corporation of the 10 per the enlars- oth these actions, had been anticipated. ngth in Calitorn and Studebaker Stocks W & help to the whole market. Heav foreizn selimg conty in Royal Drateh another sharp break. this Wits an exd on Ad s w evey Ui asis, and ndebaker str points stocks t Cor stration among individu interests baek o another d echnut ttion of t xoon t eh ¥ favorahl publis Transit of the which show - Lalange to the attar all in- her char incluling Elevat uarante and Outlook. tenws i wer and was De- be apid ength port York e fir New i Manha Review the e against Which carried rates a to their wd low of Novem- nd the hand an Feeaver r the st during the in dollar diown ber abru ground other e past week loans ipon the mar- i exchange and Ldvane 3ritish in ite ul eme v whi nate the or American £ of the utmost paynents are long period much of a tax burdens T wr sueh a (rdiy e binds th Britain t wing fi 15 fial necessary L Fuances are fiemly rench nds the Testion npen which the the afterncon quite a part of the carly bt the the had ganged IV emATIEOE 1ot eachi rench value of 1 in the in- the 3 pwest in all t ment of francs, the 1tior | muc T judgment than French bonds. New b ois not pes ape s ble a guide the which rk, and difficult THREE BANKS CLOSE DOWN. 1A CITY January 31 situation in miving to according e banks 1 Foss have last week and held _to find the position a heir onferen being means of stfengthening P others 118 DANGEROUS GROUND stand on—with a xh or o cold, and ur blood impure. Out ndi i fe » xome- Pierce's Golden Wedieal Discov- | eves severe, lin- Coughx. Hron- ¢ Affee- v ehial reached through od. When you're z &rip or fever—syou will build up health and strength and t on needed flexh by taking the xcovery." ts. Liguid or tablet. F//M/ Q k) \‘n‘l"drm&xi = THAT | 1 | | NEW YORK STOCK EXCHANGE THILE Received by Private Wire Direct to The Star Office Open. Adv Rumley. Alr Reduction..... Ajax Rubber. . Alaska Juneau Allled Chemical. Allied Chem pf Allis Chalmers. ... Am Agr Chemical. Am Beet Sugar... Am Brake Shoe. Am C: AmCanpt,..... Am Car & Fay... Am Chicle Co... Am Cotton Oil. . Am Druggise. .... Am Express. ... Am Hide & Leath.. Am Ice. . cese Am International. Am La France. . Am Linseea . Am Locomoti: Am Loco pf. . Am Metal cenee Am Radiator...... Am Safety Razor. . Am Ship & Com. Am Smelting... Am Smelting pf. Am Steel Fdy.... Am Sugar....... Am Sugar pf. m Tel & Teleg. Am Tobacco. ... Am Tubacco (B) Am Water Wks. .. Am W Wks 6% pf. Am Wholesale pt. . Am Woolen....... {Am Zine & Lead. .. Anaconda. .. Asso Dry Goods. | Associated Oil. Atchison. .. Atchison f. . Atlanta Bir & Atl, Atlantic Cst Line. . Atlantie Fruit Co. Atlantic Gulf. Baldwin Loco. . Balto & Ohio. Barnesdall (B).... Bayuk Bros. .. Bayuk Bros pf Beechnut Packing Beth Steel. . Reth Steel (B) . Beth St1 7% (n) Beth Steel 8% pf.. n Rapid Tran. |EKlyn Rap Tr ctts |BKiyn Union Gas. . 121 Burns Bros (A). Burns Bros (B). Butte Copper. . Butterick......... California Petrol. | callahan Zine. ... “anadian Pacific Central Leath pf. Cerro de Pasco. .. Chandler Motor. Chesap'ke & Ohlo. Low. Cl 15 814 3% 1 73 109% High. 1% 15% 8% 8% 1% 7% 109% 0% 134% 0 995 24%, s 20% 13 21 6% 21 10114 89l 1wk 2 194 17 | Barnesdall (A).... 50% 19 Bl m 63% 60%a 611 a1ty 1077 0% 1 o4 14205 a0 0% 18 2 |Central Leather... 3{'s 0 74ty |Ches & Ohio pt w i 102 i | | \Crucible Steel. i i |Conley Chi & Alton. Chi & Alton pf.. Chi & East 11i Chi Great W { Chi Great W pf... hi Mil & SUP. Chi Mil & St P pf Chi & Northwn. ... Chi Pheumat Tool. Chi R I & Pacific Chi R 1 & P 6% pf. ChiRT& P 7% Df. Chile Copper. Chine Copper Coca-Cola. Colo & Southern.. Columbia Gas. . b'a Graph. . olvents Tabulator. Tin Foil. Cons Cigar. .. Consol Gas new... Cons Textile. Cont Can. . Cont Can wi... Continental Motors Corn Products. Cosden & Co. ... Cosden pf......... Cuban-Am Sugar. . Cuban Am Sug pf. Cuba Cane 5ugar.. Cuba Cane S pf. Davidson Chem. Del & Hudson..... Del Lack & Wstn. Detroit Edison.. .. Dome Mines. ..... Dupont (E D). . Eastman Kodak. . Electric Stor Bat.. Elk Horn Coal. Endicott-Johnson. lErte. . Erie 18t pt. ic2dpt... Exchange Buffet i“amous Players. . Famous Players pt Fidelity Fire Insur. Fifth Ave Bus w Fisher Body...... Ficher Bof O pf... isk Rubber. . Freeport Texas Gen Asphalt Gen Baking. . Gen Cigar. {Gen Electric. .. Gen Elecsplwi... Gen Motors after an attack of | Gen Mot 6% deb. Gen Mot 7% deb. 1liland Oil pf. Gimbel Bros. .. Goldwin Corp..... Goodrich. . VOO0 Scott Gas Appliance Co. Announces Opening of B4 8 10 128% iy 107% 71ty 24T 10002 134 ¥8% 20 5% 15 1073 404 103 5% 6% 17% 9y 96 116 170 91, 18215 % 137 i 9 4975 sl €1y LU Retail Store at No. 5 Thomas Circle On and after February 1, 1923, we will carry in stock a full line of Scott gas ranges in different finishes and with and without the water-heating feature. If you are intending to buy a new gas range, investigate the Scott. is differ- from any gas range on the market. The only gas range that roasts and bakes in the oven with waste heat without light- ing the oven burner. It ent sc@®TT Practically perfect com- bustion makes the Scott gas range free from objec- tionable gas odors. In a class by iteelf. Has a closed top. The Scott Gas Range heats water, heats oven for baking and roasting, entire top a cooking surface; all with the heat from the top burners only. Demonstrations Daily See This Wonderful Range for Yourself. . Scott Gas Appliance Company, Inc. (Retail Store) No. 5 Thomas Circle. 0se. 15 8% 3% i) ¥ Open. 20 23% 13 Goodrich pf... Granby Consol. Gray & Davis. Great Northern pf. 74% Great Nor Ore. 804 Gt West Sugar pf.. 108% Guantanamo Su.. 9% Gulf Mo & Nor.... 1% Gulf States Steel.. 81% Harbishaw Cable.. 1% Hartman Corp. 0% Hendee Mfg. . 19% Homestake. ... % Houston Oil... 72 Hudson Motor: 28% Hupp Motors Hydraulic Steel Illino!s Central 11linois Central pf. Interboro Rap ... IntCement....... Int & Grt Northn. Int Harvester. ... Int Harvester pf. . Int Mer Marine.... Int Mer Marine pf. Int Nickel.. Intl Paper. Intl Paper (sta) flut Shoe..... | tnvincible Oil Iron Products Island Oil. Jewel Tea Jewel Tea pf. Jones Tea Jones & L'ghlin p! Kansas City Sou. . Kansas & Gulf Co Kayser (Julius).. Kayser (J) pf.. Kelly-Spring Tir Kennecott. . Key! Kresge ( jlake Erie Lee Tire & Rubber Lehigh Valley. ... Liggett & Myers. . Lima Locomotive. Lorillard (P). Loews Inc. Mackay Cos pf Mack Truek...... i Mack Truck 1st... Mack Truck 2d... Macy Co Magma Copper. Mallison & Co. Manatl Sugar. . Manhattan El ctfs Manhattan Shirt.. riet St prior. .. ket St Ity 2d. . 1and Of1. tin-Parry. . athison AlKil. .. Maxwell (A) Maxwell (B} May Dept Stores. . McIntyre Porcu. ... Mexican Seaboard fiami Copper . Middle States Oil.. Midvale Steel. . [Vinn &StL(n)... Minn StP &SSM. Mo Kan & Texas. . Mo Kan & Tex pt Mo Pacific. ... Mo Pacific pf. Montgomery War Moon Motors. Mother Lode C [Mullins Body. Nash Motors. 1 Acme. ... . at] Biscult w 1. {Natl Cloak & Suit. INatl Conduit...... Natl Enameling... Nutl Lead pf...... Nevada Copper. .. |New Or Tex & Mex ¥ Y Air Brake (A) Central. .. Dock pf....... 414 N H & Hartfd. 2% Norfolk & Western 113 North American. .. I North American pt 45 iNorthern Pacific.. T4% {Onio Fuel Sup 65 l0klahoma Prod 2 {ontario Silver {Orpheum Circuit. lotis Elevator. . 13% 14 iy pe 4% ‘10tis Steel Otis Steel pf.. . {Owens Bottle. ... {Pacifi> De: % 1tn 4 [Pacific Gas & El... L4 oA LA BB RS Pacific Mail. . Pacific Oll. .. ’F‘fi(‘k:\rd Motor. | Packard Motors pf. Pan-Amer Pete. .. Pan-Am Pete (B). Parish & Bingham Pennsvlvania. Penn Seabd Steel. . People’s Gas. .. Pere Marquette Pere Mrg prior pf. Phillips Pete . Plerce-Arrow. .. {Pierce-Arrow pf.. {Plerce OMl....... | Piggly-Wiggly... |Pitts Coal........ Pitts Coal pf...... 3 Pitts& W Va...... 87% Pond Creek Coal.. 41 | Postum Cereal. ... 126% Pressed Steel Car.. 6 Pressed St Car pf. 51 Producers & Ref.. 50y Public Servof NJ. 98 Pullman Co 128 Punta Alegro. & Pure Oil. . 2% 3% €3 384 T 50 2% 20 4 61 €0ty % Railway Steel Spr. 110% Rand Mines. ...... 32% Ray Con Copper... Reading....... Reading 1st pt Reading 2d pt. Remington Typr. Iteplogle Steel. Rep Iron & Steel. . Rep Iron & Stl pf Reynolds Springs. Reynolds Tob (B). Royal Dutch...... 4 St Joseph Lead. ... 184 StL & San Fran... 23% StL & San Frpf.. a4 St Louis Southwn. 32'4 St Lonis Sown pf.. 584 Santa Cecilia Suga 213 Savage Arms..... 22 Seaboard Air Line. 6% Seakoard ALpf... 10 Sears Roebuck. 7 Seneca Copper "% Shell Trad & Tran. 34% Shell Unlon......... 13% Shell Union pf.... 81% Simms Petroleum.. 13 Sinclair Oil... Sinclair pf. Skelly Oil Sloss-Shefeld So Porto Sugar. Southern Pacific.. 91% Southern Railway 30 Southern Ry pf... 67% Spicer Mfg Co..... 21 Spicer Mfg pf..... 9% Stand Oil of Calif. 66% Stand Oilof N J wi 39% Stand Oil of N J pf 116% Steel & Tube pf... 10 Sterling Prod..... 6% Stern Bros pf..... 115 Stewart-Warner.. gl Stromberg Carb... 6% Studebaker. ...... 14} Submarine Boat. % Superior Oil. 5 Superior Steel. 208 Sweets Coof Am.. 2% ‘Tenn Copper. . Texas Company. Texas Gulf Sulphur 61 ‘Texas & Pacific... Texas & P C & Oil. Third Avenue. . Timken Bearing. Tobacco Prod. Tobacco Prod A. Tol St L & Wes Tol St L & W pf. ‘Trans Contl Ofl. Onion Pacific. Union Pacific pf. United Drug. Utd Paper Board.. 16} United Ry Inv.... 12% United Retail Strs 68's USCastIr Plpe... 29% 47 8% 21% 5% High. 128% 457 2 10 10% 82% 18% 6% EVENING STAR, WASHIN St £%e 8 W 51 12 29 4 60% 60% | ) 87 41 126 6 a1 49% 95 128% % 2% 10% a2% 13% 6% Bk 5% 8% 5% 47 %0 20% 3 at% 185 23% G DEBT NEWS MOVES BONDS BUTLITILE Foreign Issues Steadier and in Smaller Supply—Home Obligations Quiet. BY GEOR . HUGHES, Ial Dispatch to The Star. W YORK. Junuary 31.—Alth {the foreign news was better today than for some days pusi, there was littie effect noted in the market for bonds. Even the announcement of Great Britaln's acceptance of the debt funding proposaly, and continued hope that Turkey uld accept the jterms laid down at Lausanne caused noticeable results ds were, indeed, and in smalle o develop midafternoor group of for bonds was also heavy, with low price below 90 for Bolivian a bond which has been quite because it is not callable befo and on acount of the small o country and ity generally high The weakness in French - probably offsct some of ihe I effects of political develop Spe N w some- upply much 1e- The 1n new sillency South up American failed t the cours: bonds. It is tic news also l £ oa part in Amertean corporation now understood that there will be no extra session of Congress. This in itself should stimulate industry and allay the anxiety of investors in Iroad bonds, for with noe session after March until December the transportation act & not likely to Le distusbed ailroad bonds of the speculative were somewhat easier, although s might be explained by the ir- sularity today throughout the stock rket. Evidence was still abundant that new issues are still congesting the investment market and in some s are available below original abscription prices. The New Yors ction ties are steadily g ing in their increase in net available fixed charges. which establish reater equity for the wide! ihonds of these companie: much 1 | GEORGETOWN GAS CO. REPORTS T0 CONGRESS: | $1.766,661 Given as Value Plant—$86,907 Spent in Year on Betterments. of ttown annual af ight Company nEress te Robert I, report it Gas 1 to was sub- uired i i | | mitted ¥ we of that corporation the hook by 1aw by, or, presi his shows the pl 1.84; the indebtedness, $851.- the amounts expended for « . equipment, construction during 1922, $85.407.68; $432.33 xpenses irplus, $32.775.16 Tt shows (hat L000 shares are owned by the Wash- ington Gas Light Company WALL STREET NOTES. | Crude 0il Output Increases—Many ] Stocks Ex-Dividend. 1 Dispateh to The NEW _ YORK., w @ big incry duction during ures showed today that {barrels were produced in 19 {erease of X .590 over 1921 Ex-dividend today: American Smeiters A prefer B Columbia Gas a {odak common, Norfolk and tern adjustment preferred. N Jersey Zine. Pacific Gas and Electric {preferred. Pullman Company, Stewart Warner, cco Products A stock common. refiners today are pay- premium on Pennsyl- 7ia Oil. The Ohio Oil Company to- v advanced prices 10 a barrel for LAma ndiana, Wooster, 111.; Prince- {ton. Plymouth and Waterloo grades of crude oil Opl n in the financial district to- regarding the statement was that ithe report w one of the best jobs of hookkeeping seen in a long time. De- preciation and sinking fund charge- {offs in the last quarter were unusual- 1y heavy, amounting to $12,182,563 One of the reasons for these exces- sive charges is said to be that the men are clamoring for more wages !and that to offset this the corporation Wwill only have to show its earnings statement reporting another deficit. ADVANCE SUGAR PRICES. value of nt is ents Spes Star. Januar in (day store 6.60 Cents Quotation. NEW YORK, January 31.—The merican Sugar Refining Company vesterday announced an advance of ten points in the wholesale price of refined sugar, bringing the quotation to 6.60 cents a pound. compared with .50 cents quoted on Saturday and 6.70 cents gquoted last Friday. Vir- tually all other local refiners except the Federal Sugar Company and Ar- buckle Brothers advanced their prices to meet the quotations namecd by the American company. Last Friday, when the Federal Su- gar Company re-entered the markst and quoted a price of 6.50 cents a pound or twenty points below the price of other refiners, virtuaily all companies reduced the price to the level quoted by the Federal. CastIrPpf... 6 Food Prod. 3% Hoffman Mch. 23% Indus Alcohol. 63% U S Realty. . %04 U SRubber....... 58% U S Rubber 1st pf. 101} U S Smelt & Ref. U S Steel U S Steel p! Utah Copper. . Vanadium Corp.. Van Raalte....... Va-Car Chemical. Va-Car Chem'l pf. ValIron Coal &C.. Vivadou. ‘Wabash. . ‘Wabash pf (A)... Wabash pt (B). Wells-Fargo Exp. Western Md. Western Paciflc. .. Western Pac pf... Westhse Eles & M Wheeling & L E Wheeling & LE pt ‘White Eagle Oil White Motor. ‘White Oil. Wickwire. ‘Willys-Overld. ‘Willys-Overld pf. ‘Woolworth. ‘Youngstown Tube.. uUs Us Us us 3% u% % 46 208% » » High. Low. Last. Call Money. 5 4% 5 HOURLY SALES OF STOCKS. 11am 12M.. 369 800 863 50 d TON, D. [z vorxr BONDS 3 of the | Most of New York Refiners Re-| .., WEDNESDAY, 2 JANUARY 31, 1923. ANCIAL. STOCK EX ' CHANGE p— Received by Private Wire Direct to The Star Office. UNITED STATES BONDS. Sales (31,000). High. Liberty 3%s. 417 10168 Liberty 1st 4%s & 9852 Liberty 2d 4%4s. %07 9804 Liberty 3d 4%y, 237 9874 Liberty 4th 414e 1487 9852 Victory 4%s'23 &7 10020 US4%s1962... 18¢ w982 FOREIGN. Sales ,000). High. 5 101% 9y 9% 92 104 Close. 101 50 98 40 790 w4 9810 10018 9984 Low. 10142 9832 9788 9864 9810 100 1% ez Lowi 101% a3 93% 9% 0% a0 69% Y 9% 993 10005 101% 100% 99 Argentine 7s. . Belgium 7%s. .. Belgium 6s. . Belglum 8s. ... Brazil 8. Brazll 7% Canada 6s 1926 “anuda 5% s 1929, Canada 6s 1931. . Canada 6s 1952. .. Chile 83 1946. .. .. Chile 851926, ... Chile 851941, .. .. Christiania 8s. ... Copenhagen bl%s. Cuba 5%s wi....... Czechoslovakia 8s. . » Denmark 8s. . Denmark 6s. . . Dutch East 1 6s°47.. Dutch East I6s°62.. 18 Framerican 1 D 7%s. 14 rench Govt 88 rench Govt 7Y%, | Haiti 6s cefs. ... Aoliand-Amer s £ Japanese 1st 414 3 i Tapanese 2d 4143, Tapanese 48 Jergens U M Lyons 6s. .. Marsellles 6s Mexico bs. .. . ontevideo T etherlands 6s. Norw | Paris-Lyon: Prague 7%s. ... Queensland 7s. ..... Queensland 6s. . .. Rio de Jan 8s 1946 Riode Jan 82 1947.. Paulo, City, §5 Sao Paulo, State, 8s. Selne, Dept of, 75 Serbs Crotes Slov Soissons s ~den 6s. 1051 Swiss Confed s f 85. sk Toki088. ........... s i I7d Kingdom 4% j Ud Kingdom 5 .53 108 Un Steam Copen 63.. 575 Uruguay $s 1948 104% Zurich 8s.. 3 MISCELLANEOUS. Ajax Rubberss. ... 14 99g Am Agri Chem 7% Am Smelt & R 1st Am Sugar Ref 6s. | Am Tel & Tel cv 6s.. |AmT&Teltros. AmT&Teltrd Anaconda oy d Avacondi 1st Armour & o 4155 . { Atiantic Refining 53 | Bell Tele Pa 7s Bell Tele Pa 58 rets hichem Steel rf Beth'em Steel p m 5 Beth'emn Steel s f s 1St 15t 5% swi Bklyn Edison gen “entral Leather 58. .. Cerro de Pasco 8s. ... Chile Copper 8s. . Chile Copper s 386 Comp-Tab-Rec 68 41 1 Md 1st s, 1 et Edison ref fis | Du Pont de Nem 7 Fisk Rubber 8s....... | Gen Electric deb 5s. - Goodrich (B F) 6 Goodyear Tire $s ‘1. oodyear Tire 8541, flumble Ol & R 5148, [ndiana Steel 3s. . Inter Mer Marine 6s. . Inter Paper Ist 5sA. . Inter Paper 1st 58 B.. Kelly-Springfield { Lackawanna S 3s | Lackawanna St 5s tanati Sugar s f 7%s Mexican Petrol 8s. AMich State Tel 1st 5s. Midvale Steel 5s. . ... Montana Power 5s. .. ational Tube 1st 5s. New Bugland Tel 5s. Y Edison 1st 61s. . YGELH&P5s.. ew York Tel 65 '41.. New York Tel 434s. . North Am Edison North States Pow 3s. i Northwst Bell Tel 7s. Pacifie & Bl 5s.. Pac Tel & Tel 58 '52. . Packard Aotor §s. ... Fhila Co ref 6s A. Producers & Rf $8 w Public Service 5s. 914 s114 108 100 125% & 100% 8% 6% ) 105% 108 103% 13 1074 9 n3 £8% 10835 103 o1t 6% 91% 104% 109 a1 100% a4l 102% Sinclair Oil 7s. . Sin Crude Oil 5% Sinclair Pipe Line os. Sou Por Rico Sug Ts.. Stand Oil of Calif 7s. Steel & Tube 7s. Tide Water Oil 6 Tobaceo Prod s £ 5. | Toledo Edison 1st 7s. | Cnion Bag & P 68 United Drug cv 8s. U S Realty bs...... U S Rubber 18t rf 5s.. U S Rubber 7%s. - U S Steel 8 £ 68 Utah Power & Lt 5s. . Va-Car Chemical 7s. . Va-Car Chem 7348 w. Warner Sugar 7s. . Western Union 634s. . Wickwire Spencer 7s. Wilson & Co 1st 6s... 17 Wilson & Cocv6s.... 3 4% Winchester Ams 7%s 9 1024 e SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) 9 10515 103 103% 103 o 00 e 103 1Y% 6Ly 91%, 104% 109% 973 1004 P 100 (A 102% Aluminum Co, of Amer. 7s 1925, ‘Aluminum Co. of Awer. 7s 1033, American Cotton 0il 6% American Sugar @8 1937.... ‘American Tel. & Tel. 6s 1021 American Tel. & Tel. s 19 “Anaconda Copper 6s 1929, Anaconda Copper 75 _1929. Anglo-American Oil 732y 1025, Armour & Co. 78 1030. . Bethlehem Steel Ts 1923 Central Leather e C., C._& St. L 6s 1939, DU Pont Tios i931........0 Goodyear T. & R. 8x 1031100 Great Northern 7% 1836, Hocking Valley 6s 1924 le OIl Digs 1982, City Term. 63 nnecott Copper 7s 1950. Libby, McNeil & Libby 7 M.. 8. P. & 8. 8. M. 6 Morria’ & Co, This 1930 Sears, Roebuck & Co. Bouthwestern Bell Ts 1925, Standard Oil of Calif. 7s 193 Tidewater Oil 6138 1931..... Union Tank Car 7% 1980, Western: Union 648 1950, ‘Westinghouse B. & M. 7s 1931 —_— TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) ——Noon. Rate—Maturity. 81 March 15, 1928... 4%s March 15, 1838, 8%s June 15, 1925.... 8%s September 15, 1633 45 December 15,'1923. 8 June 15, 1934..0.0000 101 101 13-16 5igs September 15, '192i1.0 10013 1011118 4%s March 15, 1925....... 100318 100t 4148 June 15, 1925 90 15-16 100 118 $%n December 15. 1935...0 991 09 11-18 4%a March 15, 1626 ..0110 10013 1001116 410s September 15, 1028... " 99 9 316 4348 December 15, 1 90 15-16 100 1-16 P The organ of sight is more develop- ed in-birds than in-any animal, 1077 | RAILROADS. Bales ($1,000). High. 6% 8 87% 4% TI% 100% 9% 81% Ann Arbor 4s. Atchison gen 4s Atlantic CL 1st 4s. B&Oprin2ks B & O gold 4s. Bkl RT7'21 ct sta.. Buff R & Pitts 4%s. Canadian North 7 Canadian North 61 Canadian Pac deb 48 Central Pacific 4s. Clies & Ohio cv 5. Ches & Onio cv 4% Ches & Ohio gn 4%s Chi & Alton 3%s. ... Chi B & Qgn 45 1958 ChiB& Qlstrf5 Chi & Fast 111 gn 5s. . Chl Great West 4s. .. ChIM&StPrfdlss. ChiM &St Pevss. ., Chi M & St P 45 1925 ChiM & St Pev4lsn. Chi M & St P 45 1934. ChiM & St P gn 4%s. Chi& NW 6igs..... Chi & N'W 7s ChiRys5s....... Chi R1& Pacrf 4s. Chi Un Station 414 Chi Un Station 63%s. CCC&StLrT6s A elund Term 5145, Colo & Southern 4%s Cuba RRSs........ Den& RG 1strf 5 Detroit United 43 Erie 1st con 4s. Erie con ext 7s.. Erie gen 4s. Erie convasA. . Erie conv 4s D Gr Trunk s f de Grand Trunk 7s. .. Great North gen Ts. eat North gen J Havina ERL & P Hudson & Man ref Hudson & M; T C Loui= & N unifi Louis & Nash Market St Ry cn Mil EIl Ry & L 1st & 1 & St 1, 18t ref 48 MStP&SSM6ks. MK & Tistds MK&Tprin MEK&T 10315 81 £l e 61 % 607 £ 104 al 1§ Mo Pacific 6s. Mo Pacific 1st 5s 65 Mo Pacific gn 4s. Montreal Tran New Orleans T N O Tex & Mex inc New Haven cv deb 6s. 2% New | New Haven s New Haven s N Y West & Bos Norfolk & West e orfolk & West cv 6s hern Pacific 3s. Northern Paclfic North Pac ref im | Noithern Pacific Ore & Calif 1st 5 Pennsyivania gen 5s. Pennsyl gen 4%s. .. . 1 6lgs. .. vania gold 7s. Marq 1st 5s. .. LIM&SR&G 4s. . LIM&S4s'29 ., L&SFprinisA. In3s... S F inc 6s. . L&SF5lsD.... c S Fadj 6s. .. S F prin6sC. CSh L4 aboard A L adj Seaboard A L con 6 Sou Pacific cv 4s. Sou P'acific ref 4s. | Sou Pacific cit 48 Southern Ry 1st is Southern Ry gen 4s. . Southern Ry dev 6138 Third Ave ref 4s. ‘Third Ave ad) 5s. Union Pacific 1st 4s. . Union Pacific ev 4s Union Pacific ev 6s. . virginia Ry 1st bs. Ry & Pow Ist 58.. stern Maryland s & ‘West Shore 1st 4s. TOTAL SALES (Par Value): 1lam... 23502000 12noon.. 6252000 1pm.... 7764000 2Pp.m.... 9164000 T S S FOREIL EXCHANG s furnished by W. B. Hibbs & Co.) January 31, 1 Nominal (Quota London. pounds . Montreal, dollar. . Paris. franc . Brus<els, franc wriin, mark lira .. h, franc . . drahma Mudrid, pescta Vienna, crown Budapest, crow 000014 0001 55 o030 08 ke By the Associated Press. SW YORK, January exchanges irregular. 41 —Foreign Quotations (in demand, 4.64%; Xty-day bills on France, demand, .0691%. ‘Ttaly, de- , 04713 Bel- gium, demand, .0518; cables, -0518 1. Germany, demand, '.000026; cables 0027, Holland, demand, .3942; ca .3945. Norway, demand, .1858. Sweden, demand, .2673. Denmark, de- mand, .1913. Switzerland, demand, .1865." Spain, demand, .1555. Greece, demand, .0118. Poland, ~demand, 000028, Czechoslovakia, demand, {0286, Argentine, demand, 3700. Brazil, demand, .1150. Montreal, .98%. COLUMBIA DICTAPHONE SOLD FOR $1,000,000 NEW YORK. January 31.—It is re- ported here that a group of bankers has purchased from aphophone Company the dictaphone department of this corporation. The price is understood to be $1,000,000. A new company has been formed to take over and operate the business, to be known as the Dictaphone Corpora- tion. Richard H. Swartwout, of Swart- wout & Appenzeller, will be chairman of the board. C. K. Woodbridge, sales manager of the dictaphone depart- ment for the Columbia Company, will be president and active head of the business. RAW WOOL HOLDS FIRM. BOSTON, January 31 (Special).— The local raw wool market continued firm today, although most of the deal- ers displayed far more interest in the foreign markets than in trading here. Advices from Australia contin- ued today to emphasize the strength of markets there and the activity of Japancse buyers. Holders of desira- ble wools here were not inclined to sell unless their demands were fully met. banks, .0591% mand, the Columbia | |Grain, Produce and, Live Stock I _ WHOLESALE MARKET. b0 change has been moted in the l’llvlfl’r and egg market since yester- ("Ay‘ but reports from New York give the egg market as being strong. The local butter market is steady. r\lt-ul prices experienced no change ’l!ll'lficy(t;slr 'l‘v. supplies being equal o leman n ce: uot- & " demand and prices being quot-| Tuits and vegetables were plenti- Iu,lflaml demands brisk ’ Eggs—Strictly fresh, per dozen, - southern, 36, Live poultr. turkeys, per ens, per b, 1605 rowla. Cach. a7, Tessed poultry—Fresh-killed spring C‘l‘ *kens, per Ib., 33a35; hens, per 1b., =hadl: roosters, per Ib., 17als; turkeys, | per young, each, 1b. 35a boro/be 30a40; keats, 14 live stock—Calves, choice, per 1b. | 1o; mMedium, per Ib., i3al3l; thin, per{ 1P, 629 Lanibs, choice, per Ib. 13: ve PIES. 3.00a8.00 each: live hogs, per Ib., 93 Green frutts—Apples, per bbl, 1.78 Delicious, No 1. per bhL. 6008 California oranges, per crate, | -00; Florida, 4.00: Lemon: 5.00a7.00, G CLILE 0. Tangerines, 150a i 1, FEctables—Potatoes, per bbl. 2. 150az00; per sack. 2.00a2.25 ei0a1.00. Sweet potatoes, Carolina, 1. nearby. Lettuce, Crate, southern, 3:00. Romaine lettuce, per craie, -00; Iceberg lettuce, per crate, fi‘gg ‘abbage, northern, 1.75a2 nearby cabbage, per bbl. 50: southern, 2.25a2.50 per basket. Eggplants, per crate, Toma- 10e8, per box, Florida, Beans, | 2.0044.00 per basket. basket. Peppers, {300 an, ERETS Spinach, per barrel, ferate, 5.0048.50. Bru 2.5 .00, GRAIN AND PROVISION ALTIMORE, clected candled, average receipts, 31 Gold storage eggs, 27. y—Roosters, per b, It spring chick- 30a young, each, No. s, G Lb1 bbl bu, Broc sprouts, Caulifiower. crate, 2.00a 4.0045.00 adish, bu Lettuc 100, 1 5.00a% .00, bu., crate, 0246100, . bu, Oa Ovster plants Parsnips, bu., 1.40a1.50 00 Peppe Spina b i Tom b crate 2 urnips, _Apples 3 2.0 bu., ket 00 anges, bl 00a4.00. O Strawberries, gt s, half strap, 2.00a2. Prices at 12:30, Wheat— 1 ter, spot atlons: No. 2 red winter, spot, nominal; ~No. red winter, ions 2 red winter, ne al; No. 2 red quotations $.00a1 red v rlicky 3o, fominal corn Contra corn, spot. track corn. yoliow, ter, 86 per bushel new, 4 spor. 8 he White No. 2. 5 Nearhy Western per bushel 2 export. spot, bushel No. 3. no quatat Hay—Receints, 26 tons; f ited res range 21,00 per Straw—No. 1 16.00: No. 1 ovat, nominal. 12 TODAY'S CHI CHICAGO turned downward in during the early de: quotations at beari No v the het- ¥ and light under 1 of 17.00 a 1o tangled rve, Wheat, 11.600a412.00; 00:13.00 AGO PRICES. 31 Whea srice here today ngs. with lower Liverpool the chief | f A litte rally after | the opening was ascribed to some {buying on foreign account, but the | market s again when this buy Ing cease vorable reports as to the condition of the domestic winter {crop ten handicap the bu | Opening es, which ranged f {1 to B with May 1.16% to 1.1 and July 1.11% to 1117, were follow ed by a partial reaction, and then by |& fresh downtrn Corn and oats were relatively firm, owing more or less to scantiness of | receipts here. After opening a shade 215 to 723, the corn ight general gains. 1 unchanged to '3 high- 443 u%, and later further. sustained ue of hogs. No. to s v er. May to hardencd a bit svisions wers in the v by Repte mber OATR May Juls PORK. LARD — 41y 42l 1 11 RIRS Tauuars | May 11.10 1110 DAIRY PRODUCTS. BALTIMORE, January 31 (Special). —Live poultry—Turkeys, pound, 37a 41; 0ld toms, poor and crook- ed breasts, 25a27: young chickens. 25a3 or and leghorns, 20 old hens, 25a28; small and leghorns, 22a 123, o1a e s, 16; ducks, 20a28; | Reese, 17a pigeons. pair. 30a35 guinea fowl, ‘each, 30a60. Dressed poultry—Turkeys, pound, | 364 30a32; poor and i eroo! voung_chickens 25a30; old 28a29: ol roosters, 1 5a30: geese, 20a 25; capon medium, 33a34; } sman sli Eggs—Los: dozen. 36; 35a36; s, 2830, off. native and nearby southern, 34. fancy, pound, 52a34; nearby cream- 44a45; ludles. 35a36; rolls. 33ash {dairy prints, 34a35; store packed, 33; process butter, 42aid. CHICAGO LIVE STOCK MARKET. CHICAGO, January 3L—(United States Department of Agriculture,)— Hogs, receipts 19,000 - head: slow: 5¢ to 10c higher: bulk 150 to 190 pounds averages, 8.75a8.85; top 8.90; bulk 240 300 pounds butchers, 8.30a8.45; weighty pack- ling sow mostly 7.10a740; de- sirable 100 to 120 pound pigs, around 5 heavy-weight’ hogs, 8.20a ‘medium, 8.55a8.75; light, 8.6oa Ilght lights, 5.50a8.85; packing smooth, 7.25a7.65; packing sows, 100a7.30; killing pigs, 8.00a8.50. Cattle, receipts 9.000 lead: slow; few early sales steady to weak; spots lower on beef steers and veal calves; other Killing classes about steady: quality plain; bulk beef steers of quality and condition to sell at 8.00 29.50; some held above 10.00; stock- ers and feeders steady to strong: shippers paying 1250 to 13.00 for chotce handvweight vealers: packers bidding 10.50 to 11.00 for medium to good veal calves; common. medium and light kind turning below 10.00. Sheep, receipts 13,000 head; opening active: early sales fat lambs steady to strong; early top, 15.10 to packers and city butchers; desirable clipped fed lambs, 12.50, With heavies out at 11.00; #o0d to choice 87 pound yearling wethers, 12.25; sheep strong; one deck 118-pound ewes, 7.7 i e Sl DIVIDENDS. Stock of record. 7% pfd .. to Pas- General Fireproof Co. . Inland Steel Co., q, Feb. 10 8. 8. Kresge Co., 331-3% stock dividend ..... .Feb, 8. 8. Kresge Co., $2.........Ma 8. 8. Kresge Co., 1%% pfd.. Mar. ”l"l'i' & Myers Tobacco (o, Ly, R Liggett & Myers Tobacco Go.. q. com B, 3% Fo Feb. 19 Feb. 15 Mar. 1 | ton an} POTATO GROWERS GOING BANKRUPT Low Prices Due to Huge Crop Prove Great Handicap to Many Farmers. BY J. C. ROYAL. Special Dispateh to The Star. NEW YORK. January potato growers of the countr: little if any improvement in prices for the remainder of the tremendous crop of 1922, which still remains on their hands. That was tha concensus of opinion of marketing experts here and fin other cent throughout the country today. Thou of bushels froze in the flelds 31.—The cun xpeet sands |the warehouses and dugouts are still full, bri but every stiffening of price s & volume of shipments which flood the markets The zrowers have been helped s far by the shortage of railroad equiy ment” which has kept receipts i marketing centers fairly low, but ac cording to Herschel Jones. former head of the New York state bureau of markets, jobbers are afraid to b exeept for immediate demand and few induced to take more tha: Warmer weather, with increase in shipment might tend further to disrupt prices he said Farmers Go Bankrupt. The trend of the potato marke: has been followed by a rush of pe titions in bankruptcy from the farr ers in Aroustook and other easter: unties, according to rel « reports from Portland toda ispatches from the northwest i te that growers in that sectio en hit even harder. Ten cen bushed is the price growers hav offered for their tubers in por s of that section Growers of ldaho. Utah and t fic coast states have fared some t better than the eastern farm this crop. but returns to mnon Rave been satisfactory. As a conse quence, a decrease in potato acreag. is forceast for 19 Onions in Great Demand. Onions have heen more extensive consumed in the ted States du the season of 1 3 than eve ore. according to Mr. Jones. ate more than 5.000 car lowds arketed in the current entire onion Thera is no at quotations tI height reached $12 per 100 g pri the crop have ses croy will in April, pounds was the prev Except in California, onjons has bheen excellent. No short age impends. as was the case last vear, when failure of Texas shipments at the peak of demand, which oceurs in March and April. ' The Spanish rop has been heavy and the Egyp- growers are waiting 1o pounc fuvorable market in the United Even now the Dutch are ship ions to this country in spit tariff of 1 cent a pound. local markets oni now i to 8 for choice vellows, with the bhtly lower. F perts here forecast slightly DPrices as pring approaches their predictions solely on ket because of the lare { that time of year from po jon. la vegatables seck northern outlets {sumers, this year a | 0. b. Florida basis j tourist trave] in Florida has | zrowers there an outlet for part of their crops to the winter resor hotels at excellent prices. Moreover, prod- uce men from the north have welzed \ the Florida situation as an opportu- ty to combine business with pleasure They have taken their bank rolls sout with them and while enjoying a vaca ition are specula orousiy in Floy ida farm pro e direct wit growers and diverting shipments to the rets in v. ions of the co v which at et offer the gre {est udvantages. Tiis trend, howeve does not apply except in & minor degres { to citrus fruit srthern markets for H local dealers, are when an on India veraging ut ba this mar demand ar the Jewis which ali to ultimate ¢ being sold on a The volume of 1 which, thoroughy NEW CANAL WILL BOOST _ NEW ORLEANS SHIPPING Speciai Dispatcl NEW OR arisons of o Tie Star JSANS. January 31.—Cor the of trade in this tion this month with the figures for last January s exceedingly sa | factory results. The merchants cater ing 1o the more prosperous trade are doing an excellent business and so are those who specialize in medium-priced goods, but there seems to be a check it the buying of working men and office | help. The new industrial canal which w jconnect the waters of “the Mississipp of the gulf of Mexico through ‘ontchartrain has been cut through this week and marks a new era of development in shipping from this port. I AUTO SHOW IN CHICAGO Special Dispatch to The Star., CHICAGO, January 31.—The pres ent prosperity of the middle wes has been strikingly reflected this week in the large attendance and increased sales at the Chicago auto mobile show. Interest is running this vear to mnovel bLody designs and equipment. Both retail and wholesale trade con tinue well ahead of last year. Thera are more country buyers than usua lin the market and jobbers stated to day that these merchants are buvink { more liberally than In the past. Trad- with the mail order houses has been correspondingly good. Railroad buy ing of steel in western markets again is active. — e MEAT DROP GREATEST. By the Associated Press. CHICAGO, January 3l1.—John T Russell of Chicago, president of the National Association of Meat Counc and executive committeeman of the United Master Butchers of America announced here today after the com pletion of a survey made for Li that meats are selling' considerab below the level of other commoditie as_compared with values prevailing before the war. *““The latest retail figures of the United States bureau of labor sta tistics,” Mr. Russell said, “those fo December, show that nine meats listed by the bureau—sirloin steal round steak, rib roast, chuck ro plate beef, pork chops, bacon, ham and lard—averaged only 36 per cen' higher than in 1913, whereas a articles of food combined, as listed by the bureau, averaged 47 per ceni higher, or 11 per cent above the meats. “When it is considered that meats listed by the bureau are chj those which are now in_rela higher demand than in 1913, these figures are highly significant Man, less demanded cuts not listed by the bureau are selling at very low prices.” THOUSANDS SEEK J0BS IN NEW FORD FACTORY Special Dispatch to The Star. ST. PAUL, January 31 (Special). Thousands of applications have bee made in the last week for jobs in the proposed Ford Motor Company plant 1o be established here. It has been necessary to call police reserves to handle the crowds making applica- tions. This is not to be taken as rep- resenting unemployment, as these jobs are prospeotive and many of the appli- cants are already employed. \ pigher [ ‘' \ ¢ Ll /;