Evening Star Newspaper, February 24, 1923, Page 10

FINANCIAL RAILROAD SHARES FEATUREMARKET Louisville & Nashville Starts Late Buying—Extreme Ir- regularity in ‘List. BY STUART P. WEST. Special Dispatch to The Star, NEW YORK, February 24—Today's snarket movement, while extremely irregular, had very little sign of weakness. Prices were inclined to #1ip off during the first hour, but the snarket hardened again toward the «nd when better support appeared in TUnited States Steel common and spe. cial buying was renewed in some of the oils, the dry goods shares and a few of the high-priced rails. . Louisville and Nashviile had another Jump forward, anticipating early an- nouncement of the stock dividend plan, and Atlantic Coast Line went long with it. The strength in these ocks helped the entire railway list nd had a steadying effect upon the rest of the market. Cuban Dominican Sugax, Cuban Dominican Sugar advanced its highest for the fly because of a fav position which has strengthened recently by the rising cuotations for sugar, With raw s r at only 3 cents a pound, a price more than cents below at market. Cuban Dominican, cstimated, can show earnings jor 1923 of $2.000,000. After inter- 8t _charges, this would amount to $17.35 per share of preferred stock. “*uban Dominican is one of the world swest cost producers of sugar. Pre- ctions of ‘the 1923 output range om 700,000 to 1,000,000 bags. The smmon stock when it was offered cost the syndicate participants $25 a share. : Simms Petroleum Aetive. Simms Petroleum is one of the smaller producing companies which xpeet to make large profits from the repeated incrcases in the price of rude. Simms is now producing about 5.000 barrels of crude daily in the cr and Smackover flelds. production about 12,000 bar- els come from the Smackover s tion. Latest carning figures of the show operating _profits in it the rate of $7.80 before clation, and at the rate of $4.67 < ter Tberal depreciation rges. The com made a ten- strike in the new Smackover field. It sank forty-seven wells, and forty-five of these were gush During the time w were at their lowest its preduction and is & ring to sell. ien oil prices Simms_stored only now be- S.ums stock was vily bought by the American In- ternational Corporation around 15 scveral years ago and later at lower All this stock is still held. has got out of its trading 1ut and today moved up to 13, a new high, Foreign E: f izgn ex nges went lower, close to the six-cent vel again and with sterling off near- Iv 2 cents from the recent high. The week end trade reviews gave the most optimistic picture of business conditions of any so far. But they evoked less response in the market movement than they have for the last iwo months. In other words, the stock market secmed to have become. the time being at least, inured to “g0od news” in the shape of expand-. industrial production and rising 5. Tthough the copper metal was marked up to 16% cents, with some sales recorded as high as 16%, the copper shares were indifferent. Sugar strong for a time under ‘he lead of Punta Alegri und Cuban Dominican, but thei; dvance was not sustained. Market Closing Unsettled. In the last half hour, when Louis- ville and Atlantic Coast Line were making their high prices, buying cume in to some of the other rails, notably New York Central and Atch: son. Iron Products sold at a new high, getting ready for some carly an nouncement regarding the recapitall zatlon plan, which is expected to work out favorably for holders of ihe present stock. I the rise in Jewel Tea was talk of a new pool formed to ex- ploit the favorable earnings position ©of the company. The market closed uneertain, with a series of small net advances min- sled with small net declines. The strength of some of the railway shares was the principal feature at the end. Received by Private Wire Direct to The Star Ofice Air Reduction. . Ajax Rubber. Allled Chemical. Allied Chem pf. Allis Chalmer: Allis Chalm pf.. AmAgrChempt. Am Beet Sugar. Am Bosch . AmCan........ Am Car & Fdy.. Am Chicle Co... Am Cotton Oil. Am Cotton Oil pf. Am Druggist. ... Am Hide&Leath AmIce... Am Ice pf.. Am Internat’i iAm Linseed Am Linseed pf.. Am Locomotive. Am Loco pf. . Am Metals, Am Metal pf.... Am Roll Mill pf. Am Safe Razor. Am Ship & Com. Am Smelting. .. Am Steel Fdy Am Sugar. Am Sugar pf. Am Sumatra, Am Tel & Teleg. Am Tobacco. .. . Am Tobacco (B) AmW Wi 6% pt Am Woolen. Am Woolen pf. . Am Zinc & Lead. Am Zinc&Ld pf. Anaconda. . Ann Arbor pf... Asso Dry Goods. Associased Ofl. . Atchison . Atlan Bir Atlan Cst Line. . At Frult ctfs. Atlantic Gulf pf. | Atlantic Ret. ... | Atlas Tack. Austin Nichols. Baldwin Loco Balto & Ohio.... Balto & Ohio pf. Barnesdall (A). Barnesdall (B). Batopilas Mining Bayuk Bros Bayuk Bros pf.. Beechinut Pack. Beth Steel. . . Beth Steel (B).. Brooklyn Ed rts Bklyn Rap Tran Bklyn R Tr ctty. Bklyn Un Gas Burns Bros (A). Burns Bros (B). Butte Copper. Butte&Suverior. California Fack. Calif Petrol Calif Petrol pf.. Callahan Zinc. . Canad'n Pacific. Case Plow Wks. Central Leather Central Leathpf Cent RR 0fN J. Cerro de Pasco. Chandler Motor. Chesap & Ohlo.. Chi & Alton. Chi & Alton pf. . Chi & East1ll... Chi Great West. Chi Great.W pf. Chi Mil & St P.. ChiMil&StPpf. Chi & Northwn. Chi & Nwn pf... Chi Phéy Tool. . Chl R I & Paciflc ChiRI& P7%Dpt Chi St P M & Om Chile Copper. Chino Copper. .. Cluett Peabody. Coca-Cola Colo Fuel. Columbia Gas. Columb’a Grap Colum Graph pf. Comp Tabulator Cons Cigar. . Consol Gas new Cons Textlle. Cont Can. Corn Prodi Corn Prod pf. Cont Insurance. Continental Mot {Cosden & Co. ... Crucible Steel.. “rucible Steel pt ! Cuban-Am Sug. Cub Cane Sugar. Cuba Cane Spf. Cuban Dom’ican. Cuban Dom pf... | paviason chem. {De Beers....... Del & Hudson D Lack & Wstn. Dome Mines. ... Dupont (ED. Dupont deb. ... Eastman Kodak Elec Stor Bat. .. Emerson-Brt pf. Open. 63% 14 7% 110% 49% 961 68% 46 46% 98l 182 8% 1% 83% ™% 124 108 88 26 34% 57 127% . 121 521 116 9% 81 1% 6575 38 82 108 32% 128 16564 154% b4 . 105 110% 18 56 51 43 8% 127 102% " 1225 102% High. 63% 14 % 110% 495 961 68% 46 45% 9814 182 9% 1% 33% T 12% 106 88 26% 84% 67 127% 121 521 116 98 Low. Close 631 631 18% 15% % 1% 110% 111% 49% 49% 9615 961 68 68% 46 46 451 456% 97U 97U 182 182 8% 8% 16% 16% 8% 384 ™% ™ 12% 12% 106 106 88 88 26 26% 84% 33% 57 b7 126% 126% 121 121 52% 52% 116 116 9Ty 98 8% 17% 63% 28 81% 108 821 33 123 128% 155% 156% 154'% 154% 5412~ 5414 103% 103% 110% 110% 18 18 b6 50% 43 82 2 981y 98'% 1% 11l 148% 149'% 1 82 41'% 119% 88 112 58% 29 76 -~ Manati Sugar. . lianati Sugar pt Manhat El Sup. . Manhattan Ects Market St Ry. .. Marland Oil. . Maxwell (A). Maxwell (B).... May Dept Stores MeclIntyre Porcu. Met Edison pf.. Mex Seaboard. .. Miami Copper Middle St Oil Midvale Steel. .. Mo, K& Twli. Mo, K & T pf wi. Mo Pacific. ..... Mo Pacific pf. Montana Power. Montgom'y W'rd Moon Motors. Mother Lode atl Biscuit w 1. Natl Biscuit pf. . Natl Conduit Natl Cloak & S. . Natl Cloak&s pt Natl Enameling Natl Lead pf.... Nat R of Mx 1st. Natl Ry of M 2d. Nevada Copper. N Or Tex & Mex. Y Air Brk (A) N Y Central.. N Y Dock. . . NYNH&Hartfd. NY O &Western Norfolk & West. North American North Amer pf.. North Pacific. .. ©Ohio Bdy & Blw. Oklahoma Prod. Orpheum Circuit Otis Steel : Otis Steel p! Owens Bottle. .. Pacific Develop. acific Gas & El Pacific Mail. . PacificOll. ..... Packard Motor. Pan-Am Pete. Pan-Am Pet (B) Parrish & Bing. Pennsylvania. .. Penn Seabd Stl. Pere Marquette. Pere Marq pf... Philadelphia Co. Philllps Pete Plerce-Arrow. .. Pierce-Arrow rts Pierce-Arrow pf Plerce Oil..... Pierce Oil pf.... Piggly-Wiggly. Pitts Coal. Pitts & W Va. Porto Rico Tob. Pressed Stl Car. Froducers & Ret Prod & Ref rts. .. Pub Serv of N J. Pullman Co..... Punta Alegre... Pure Oil. .. . Itay Con Copper. Keading........ Reading 1st pf.. Replogle Steel. . Rep Ir & Steel.. Rep Ir & Stl pf.. Reynolds Spring Reynolds Spr rts. Rey Tobac (B).. Royal Dutch.... St Joseph Lead. . St L & San Sran. St L & San Srpf. St L Southwn... St L Southwn pf Savage Arms. Seaboard Air L. Seaboard A L pf Sears Roebuck. . eneca Copper. . hattuc! e Lell Tr & Tran. hell Union. ... imms Petrol. .. immons. inclair Oil. Sinclair pf. B Skelly Oil...... Sloss-Sheffield. . So Porto Sugar. South Pacific. outhern Ttwy. outhern Ry f. picer Mfg Co tand Milling . t Ol of Calif. .. tOilof NJ wi. LOil of N J pf.. Sterling Prod. .. Steel & Tube pf. Stew't-Warner. Stromberg Carb Studebaker... .. Studebaker pf Submarine Boat Superior Oil. ... SweetsCoof Am. Tenn Copper. ... Texas Company . Tex Gf Sulphur. Texas & Pacific Tex & P C&Oil.. Open. 63 87% 58% 43% 9% 403 48% 16% 7% 18% 96% 17% 29% 1% 29 16% 44 18% 4% T1% 2815 22% 13% 42% 124 High. 63 87% 58% 43% 9% 40% 61 16% 5% 18% 96 18% 29% 11% 20% 16% 44% 18% 474 1% 284 22% 13% 42% 124 112 Low. 62 87% 4 112% 9 23 58 | LIBERTIES FIRMER INTRADING TODAY Close. €2 87% ! 438% «0i | Declines in Other Parts of o List Not So Large as Eagiier in Week. BY GEORGE T. HUGHES, 16% | Special Dispatch to The Star. 43%| NEW YORK, February 24. 18% 47 1% 28% 22% 18% 42% 122 1% 65 100 68% today, but with declines not so large 28 on Friday, when the influence of the advance in discount rates by the New York and Boston banks made itself felt. For instance, today libertys were comparatively steady and the Treasury 4%s even showed e tendency to advance, whereas on Friday the United States government bonds were relatively weaker than the high-grade rails. It was the second grade bonds which were the heaviest today, such issues s American Smelting and Reflning 5s. There {5 absolutely no reason con- nected with the condition of the com- pany why a bond of this character should decline, and it is only a ques- tion of time when quotations will ap- pear very attractive to conservative investors. Among suils the same could be said of the Baltimore and Ohio obliga- tions, practically all of which eold at lower prices. The foreign department was steady. French securities were flr[l. COTTON PRICES LOWER 4% 98% 4974 977 23% 20 19% 116% 119% 47% 9% 9 2% 19% 11% 633 45% 1 81 11 5% 13% 80 711 128 46% 45 39% 67 454 | o874 ¢ T ) Saturday Realizing Gives Tone of Irregularity in Two-Hour Session. : By the Associated Press. NEW YORK, February 24.--The cot- ton market was rather irregylar dur- Gug |In5 today's early trading. \n addi- 381, | tion to realizing for over the week 8015 iend, there was scattered sauthern 64 |hedge sclling, presumably against b4 |the increased spat business reported oo |Yesterday, and probably some local 129 |Selling for a reactlon. 59 | Week end realizing became more 201 |active late in the morning, and prices 16 {€ased off to 29.55 for May and 25.82 7o1¢ | for October. or about 10 fo 20 points 513, | D€t lower on the general list. The 2¢iclose was a few points up from the 28% | Jowest, with the market steu 6% nat decline of 4 to 931 Cotton 1y 26% | March, 29.75: x 7% | October ,25.9] . 25.50. 58 | Cotton futures closed steady; March, 53% | 2 May, 29.58; July, 28.82; October, | 2585} “December, 2 2. Cotton spot quiet; middling, 29. NEW ORLEANS, February 24—A reactionary tendency of a mild sort was shown by the cotton market in the early trading today. After stand- ing unchanged to 5 points up around the opening, compared with the last prices of yesterday, there was a sag 1o levels 4 t0 12 points under yester- day’'s close. ‘Realizing by longs fur- nished the bulk of the offerings. Cot- ton futures opened steady: March, !:n.u: May. 29.28; July, 28.78; October, 2 5% 431 6414 ’ 20% 25 .83; December,’ 25.28. Cotton futures closed steady at a 6% | net decline of 9 to 21 points. Closing 2, lbid March, 29.33; May, 29.12; July, 1 28.38; October, 25.41; December, 25.07. NEW ORLEANS, February 24— cotton quiet and unchanged 426 bales; to arrive, middling, WALL STREET NOTES. { Speciat Dispateh fo The Star. NEW YORK, February 24.—The Sulllvan Machine Company clared a quarterly dividend of $1 share, payable April 16 to holders of record March 31, as against the quar- terly dividend of 75 cents in 1922, Shipments of fresh and cured meats 6119 425 18 60ty 102 943 80 119% 1128, day totaled 33,115,000, compared with 36,717,000the same week last year. Swift & Company has declared the usual quarterly dividend of 32, pay- able April 1 to holders of record | March 10. The Hupp Motor Company has de- IN WEEK-END TRADING | a|Beth'm St pm 5. . from Chicago for the week ending to- | Iow NEW YORK BONDS@ lmumwmnlmunouum E ' | | | s (Bales are in $1,000.) UNJTED STATES BONDS. Bales. High. Low. Lib3%s 41 10148 10142 Liblst4%s... 24 9828 9816 Lib 2d 4ys, 187 9810 9806 Lib3d4%s. 247 9856 9846 Lib4th 4%s.. 332 9824 9816 Victory 43 125 100 10 100 04 UB4%s1952., 326 9994 9986 FOREIGN. Sales. High, Low. 19 102 9% 95 98 112% 98% 6% 84 95% 103% 100% 101% 100% 99% 103% 101% 108% 52 20% 9% 87 109'% 9% 94 93% 88 96 93% 97% 90% 93% 927% 8154 10144 9818 9806 9852 9820 100 06 9992 Close. 102 9% 95 Argentine 7s. 98 112% 98 5% 84 95% 103% 100% 101% 100% 99% 104 102 104 52% 90% 99% 87% 109% 97% 94 93'% 88 96 93% 98 90% 93% 92% 82 81 6% 6 Brazil 7%s Canada 55 1926. . Canada 5%s 1929 Canada 58 1931. Canada 63 1952. ... Chile 85 1946 Chile 85 1926. .. Chile 85 1941 Chinese Gov Ry bs. Copenhagen 5%s Cuba 5%swi. Caechoslovaki Denmark 8s. Denmark 65 Dutch East T 63’47 Dutch East I 6s '62 Framerican1D 7% French Govt 8 French Govt 713s. Haitl 6sctfs . Holland-Am s S . Japanese 1st 4%4s. Japanese 2d $%s. Japanese 4s. Jergen UM 6847 Lyons 6s.. Marsellles 65. Mexico 5. ... Mexico 4s. Netherlands 6s. . Norway 6s ctfs. Paris-Ly’s-Med 6s. Prague 7%s... Queensland 7s. Queensland 6s. ... . Rio de Jan 85 1946. Rio de Jan 8s 1947 Sao Paulo, City, 8s. Sao Paulo,State, 83 Selne, Dept of, 7s. . SerbsCrotsSlov §s. Soissons 6s....... Sweden 6s. SwissConfed & f 8s. {Cd King'm 51829 i Ud King'm 514537 29 | Zurich 8s.. = MISCELLANEOUS. Ajax Rubber 83 5 Am Agr Chem 7% Am Cotton Oil bs AmSmelt&R 1stis. {Am Sugar Ref 6s. AmT&Tev6s Am T & Tl trbs AmT& Tl trés Anacon cvd 7s wi Anacon 1st 65 w i. 198 Armour & Co 4%s. 7 Atlantic Refin 55.. 15 Bell Tele Pa 7s.. 8 | Bell Tele Pabsrets 10 6 16 3. 13 4 1 - pons R 8 PARRWO DB » aSaannERane Beth'm Stl s f 6s. Brier H St 1st Bklyn Edison 7s D. Bush T Bldg 0s'60. Central Leather 68 16 | Cerro de Pasco 8s. 4 i Chile Copper 6s. .. 127 { Chile Copper s\ .. 23 iCon Coal Md 1st5s 2 Cub CaneScvd 8s. 31 Det Edison ref 6s. . Du Pontde N 73s. Dudhesne Lt Tlas. Dugquesne Light 63 E Cuba Sug T¥%s. . Erpire F&G 7%8. Gen Elec deb 58 Gen Refract'es 63. Goodr'h (BF) 6ies. ! Goodyear Tr §s'31. | Goodyear Tr §s°41. Humble O&R 5%s. Indiana Stecl 5s. Tnt Mer Marine 6s. Int Paper Lst Gs A. nt Paper 1st 5s B. Kelly-Sp'gfield Ss. Liggett & Myers is i Liggett & Myers 0s 1 Magma Cop cv 7s | Manati Sug st T%s { Mich St Tel 1st 5s. i Midvale Steel A { Montana Power bs. Morris&Colst 4 New Eng Tel 53 NY Edison 1st 6%s NYGELH&P 5s. NY Tel 63’4 {NY Tel 4%s N Am Edison 6s. N States POw b3. Northwst B Tel 7s. Otis Steel 85 % Pacific Gas & El is PacT & T 65’52 Packard Motor 8s. - '™ G aBoeaniianan Lt C., SATURDAY, FEBRUARY 24, 1923.° RATLROADS. Sales. High. Atehison gen 4s... 19 Atchison adj 4s. Atlantic C L 1st 4s. AtlanticCLcl 4s.. Low, 88% 9% 874 81% 95% T % 100 80 821 74% 98% 66% BklynR T7s’21... 94 BKIRT 78 '21 ctfs. 93% Buff R&Pitts 4%s. 90% Canadlan North 7s. 114% Canad North 6% 12 Canad Pac deb 4s. . 9% Car Clinch & O §s. . 92 Central Pacific 4 85% Cles & Ohlo cv fs. 93% Ches & O cv43s. 86% Ches & O gn 4%s. . 84% Chl B&Q 1st rf 6s. . 994 Chl & ETll gn bs 80% ChiGreat West 4s. 52% ChiM&SPrf4ls. 61% Chi M&St P cv 6s. . 68% Chi M&St P 45 °25. 9% ChIM&S P ov 4155, 66% Chi M&St P 45°34. 3% ChiRys6s........ 80 ChiRT& Pac rf 4s. 9% ChiUn Sta 4%s. 92 Chi Un Sta 614s. 115 Chl& W Ind cn 4s. 74% CCC&StLrf6sA.. 101% CCC& StL 4%s. 9315 Cleve Term 5%s. .. 104 Del & Hudson 5%s 100% D& R G1strfGs.. 56% Erie con ext 7s 104 Erie gen 4s. . 48 Iirie conv 4s A 481 ErieconvisD. ... 51% Gr Trunk sf deb 6. 104% 114% Close. 88% 80 8% 82 94 1% 100% 80% 82% 5% 93% 66 94 93% 90% 114% 118 79% 92 85% 93% 86% 8434 99% 80% 52% { 61% ¢ 68Y% 79% 66 78% 81 9% § 92 115 T4k 101% 9314 104 ¢ 100% 56% 104 Grand Trunk 7s. Gr North gen 7s. Gr North gen 5%s. Green B& Wdb B. Havana ERL&P, Hud & Man ref 5%. Hud & Man aj s 111 Central ref 4s. . 111 Central 61¢s. Int Rap Tran bs. Int R Transit 7 Int & G Nor aj 6s. . Towa Central rf 4s. Jowa Cent 1st bs. Kan City Ft S 4s. Kansas City S 3s.. Kan City Sou bs. .. Lehigh Valley 6s. . Long Island rf 4s. . Louis & Nash 5%s. Market St cn 5s... Mil El Ry & L 5¢ M& StLrfex 5s.. M&StLilstrf4 MK&TI1st4s.... ME&TprinisA. ME&T6sC... MK & T adj bs Mo Pacific 6s. Mo Pacific 55 '65 Mo Pacific gn 4s. . . Nassau B Ry 4857 O Tex & M in 5s. Y Centdeb 6s. .. ¥ Centdeb 4s. .. YCentribs.... New Haven cd 6s. New Haven 7s. s fr.. 48 48% o1 ! 104%; 1141 109% 100% 12% 8 81% 6814 5% 101 71% 9214 48 38% 72% 76% 67% 8 102'% T84 104% 3 1 S8unafean -~y ate Ry 4145, W & Bos 4%s. 115% 61 84% 107 98 99% 103 92% 9% 100% 91% % 109% 109 95 8314 80% 861 67 8 65% 91% 9% 984 5% 56 44 28% 648, 917% 85 821 North'n Pacri 6s. Northern Pac 5s Ore & Calif 1st 5. O Short Licn 58 '46. Ore Short L ref 4s. Ore-Wash Ist rf 4s Pennsyl gen 5s. ... Pennsyl gen 41s. . Pennsyl 6%s. . Pennsyl gold 7s... Pere Marq 1st bs. . Reading gen 1s. St L IM&S R&G 4s. StLIM&S4s'29. StL&SFpl4sA. 981 5% 56 44 28% 64 1% 85 821 941 94%, 681 68% 101% 101% 9% T9% 61 61 62% 62% 92 9214 ALdssta.. Scab'd A Liref 4s.. Seab'd A L adj 5s. . Seab’d A L con 6s. Sou Pacific cv 4s. Sou Pacific ref 4s. Sou Pacific clt 4s, . Southern Ry 1st 5s Southern Ry gn 4s. Southern Ry 6%s. Sou Ry Mobile 4s. . Third Averetds. .. Third-Ave adj 5s. . Union Pac 1st 4s. .. Union Pac 1st rf 4s 831 834% 95 95 95% 95% 8674 Union Pac cv 4s... Virginia Ry 1st 5s VaRy & P 1st §s.° 864 Western Md 4s. 6815 637% Western Pacific 5s. 82 82 FINANCIAL Grain, Produce and JLive Stock WHOLESALE MARKET. Butter, eggs and cheese were firm at the market today. Poultry is plentiful. Receipts of large quantities of chickens and turkeys were reported, and the price list at the open- i ing held virtually the same as yesterday. Eggs—Strictly fresh, selected can- ed, per dozen, 40; average receipts, 38; southern,’ 3§. Cold storage eggs, 27. Live poultry—Roosters, per 1b., 17; turkeys, per 1b. 25a3 ring chick- ens, per 1b., 33ad5; keats, young, each, 60; fowls, each, 25. Dressed poultry—Fresh-killed spring chickens, per 1b., 35a38; hens, per Ib. ; rooaters, (55T Lo, 18al8; " turkey, .. 30a40; keafs, young, each, 0a80. o Live stock—Calves, choice, per 1b., 3 medium, per 1b., 18a12%%; thin, per ., 6a9. Lambs, choice, per Ib.. 13; live pigs, 3.00a8.00 each; live hogs, per 1b,, 934 Green fruits—Apples, per bbl, 1.75 a7.00; Deliclous, No. 1, per bbl, 6.00a 7.50. California oranges, per crate, 5.0026.00; Florida, 4.0025.00.: Lemons, per box, 5.006.00. Grapefruit, 3.00a 4.25. Tangerines, 3.50a5.00. \«exellb"s—-PolalocH, per bbl, No. 1, 1.50a2.00; per sack, 2.00a2.10: No. 2, 50a1.00.' Sweet potatees, North | Carolina, 76a1.50; nearby, 2.50a3.00. Lettuce,” per crate, southern, 1.00a 2.00; Romaine lettuce, per crate, 1.50a Iceburg lettuce, per crate, 3.00a Cabbage, northern, 2.50a3.00 per nearby cabbage, per bbl 1 southérn, 2.00a2.50 per bas. ket. Eggplants, per crate, 2.50a5.00. Tematoes, per box, Florida, f Beans, 2/00a4.00 per basket. 3.00a5.00 "per basket. Peppers, per crate, * Florida, — 2.50a3.50. e, per barrel, 2.50a2.75. Spinach, per barrel, jpect a de BUSINESS BOOM INJEWELRY SEEN Di§coveries in Egyptian Tomb Expected to Result in New Gem Fashions. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, February 24.—The un covering of the tomb of Tutankhamer has had a more far-reaching effec on the trend of business and fashion« than any happening in a generation according to Plerre Cartier, one o the most prominent jewelers in the world, “Fashion follows the news,” Cariic sald toaay. “W, therefore, ex ded tian influenc our next jewe as a r of the recent disc These dic- coverics are bound to have their ef fect on fashions and art, just poleon’s return from lLigypt in late seventeen Fuindre d_ite ef t on the style of that day in deco rativo and applied arts. “But_before such an influence car make itself felt It must be translated through the medium of artists whe can adopt an old era to a present-day use. France has always been the freat interpretive nation in the arts, It was France which translated 3.00a3.50. Celery, crate, Florida, 2.50a .50, 2535 380 Brussels sprouts,'25a35. Squash, GRAIN AND PROVISION: BALTIMORE. Md., February 24 (Special). — Potatoes, white, 100 pounds, 50a1.35; 150 pounds, 90a 2.25: sweets, barrel, 1.25 E 0a60; yams, barrel, 1.50a2. 50a75; beans, bushel, 2.50a4.00; beets, hundred, 5.0026.00; brussels sprou uart, 25a30; cabbage, hamper, 2.2 -50; - savoy,’ bushel, '1.00a1.25: car- rots, basket. 50a60; cauliflower, crate, 2.00a2.50; celery. crate, 1.754 3.00; cucumbers, crate, 6.0028.00; egg- plant, ~crate, 4.0026.50; horseradish, bushel, 3.00a4.00; kale, barrel, 2.00a 2 Isttuce, ‘basket, ~1.50a2.50; on- iona. 100 pounds, 1.25a2. oyster- plants, 6.00a8.00; parsnips, bushel, 1.40a1.50; peas, bushel, 3.00a4.00; pep- crate, 2.5024.00; radishes, bas- 50a2.00; spinach, bushel, 1.00a squash, basket, 3.00a4.00; tomo- 00a4.50; turnips, ‘basket, 2.50a8.00; 100" pounds, | : cranberries, b 22.00: bushel, ol Apples, bushel. 1.50a2.0 barrel, 2.50a3, straw, es, ines, half strap. Selling Prices at 12130, Wheat—No, winter, quotations; . Spon 2 red winter, 1.34, nominal; No. 3 red ter, no quotations; No, 2 red ter. hckxyl',kl.%, nominal; No. 3 red wi garlic no quotations; 133, nominal. - g es—Bag lots of nearby at 1.08. Corn—Cob corn, "mew. Y466 per barrel; contract, spot, 837 per bush- el; No. 2 corn, spot, 85%: No. 4, no quotations; track corn, vellow. No. ot _hetter, 30 and 91 per bushel. o Sales—Bag lot of white at whart Oats—White, No. 2, bushel; No. 3, 54a5414. Ry oicarby, 86a95’ per bushe 3 western export. spot. 96%% p bushel: No. 3. no quotations. + o Hay—Receipts, 11 tons; for the bet- ter descriptions of timothy and light there was a fair demand under limit- €d receipts at a range of 16.00 to 20.00 per ton. Straw—No. 1 _tangled 16.00; No. 1 wheat, 11.00a12.00; No. 1 oat, nominal, 12.06a13.00. TODAY’S CHICAGO PRICE: CHICAGO, February 24—Owing chiefly to an unexpected advance in Liverpool quotations, the wheat mah‘ ket here averaged a little higher to- day during the early dealings. Somel attention was also given to reports that crop conditions for domosflcl winter wheat were far from promis- ing. Besides, bulls put more or less| emphasis on the view that current prices had discounted evervthing bearish. The opening, which ranged from 33 to S8ic higher, with May, 118% to 1.18% and July 1.143% to 1.14.%, was followed by a moderate reaction and then something of a rally. Corn and oats were easy as a re-| sult of liberal receipts of corn. After| opening 3 off to jalc higher. May, 74% to T4%, the corn market under- went a slight general sag. Oats started 3jc lower to a shade advance, May 25, and later tended downward on all deliverigs. Provisions reflected weakness of hog values. WHEAT— . packed. barrel, 50a1.25; loo: basket, 5027 Bar- nter, February, 55a35% per No. rye, 15.00a Low. 1178 Open. 1184 = High, 1.18% 114 the Egyptian influence in the Napo leonic era and it will be to Franco anc her artists that the task will be left of interpreting the new Egyptiun in fluence to the world. “Much of the work, however, wil be done in this couniry. French ar interests and artisans e alread work here combining, adding to subtracting from the cssentials of Tutankhamen period and that of day, creating new designs and pa' terns to be executed in jewelry. Lahor Shortage Serious, Demand for copper is developin; far faster than the mines are pro ducing. The rise in price to wel above the siteen-cent mark ha- started mine owners in an effort t increase production, but efforts i that direction have been badly ham pered by lack of labor, both skille: and unekilled. Higher tire prices, which had bee predicted, are being withheld tempo. ily, according to word from Akros today. New price lists, which arc understood to have shown advances approxi ing 10 per cent, were pre pared by five companies, but it wa decided to hold them up for th present, at least, Pre-Easter Buying Light. The advance in the federal r rediscount rate, which on to check speculation the commodi markets, has not yer made a noticeable impression in il buying of cottons, woolens, silks anc other commodities. In r il lines however, the usual pre- ster buy ing so far has been extremely ligl This is attributed to the weather cor ditions in most sections and me: chants are counting on an increase« movement within the next ten day e FRENCH CHALLENGE GERMAN PAYHENTS Paris Foreign Office Figures Differ Radically From Those of Berlin. By the Associated Press. PARIS, February 2 foretgn office, in reply German official announcement of amount of “total actual German dc liveries and payments” to the allics vesterday is a set of figure radically diffc s6 glve out in Berli The French The Frenci to the recen marks 1d marks for uc liveries | The value of the Sarre valley mines. placed 000 gold marks not these figures. Of the above amounts, statement, France received 000,000 gold marks in cash and or, with the Surrc mine 2,079,000.000 g in Endicott-John. . Endicott-Jno pf. Erle. clared a stock dividend of 10 per cent ! on_common. Federul Sugar Refinery today reduced | The official reparations fi ering the peric Phila Coref 6s A Producers & Rf 8s. Producrs & R 8s W 115 127% Tide Water Oil. . Timken Bearing 137% 38% WEEK SEES GAINS 641 ki “specifically co 1 November, 191 Wheel & L E cn 4s. 5 64% ‘Wisconsin Cent 4s. ki IN“BULL” MARKET NEW YORK, February 24.—The “bull” movement in the stock market continued with a few minor inter- ruptions during the past week. siock market averages soaring to the Dighest levels of the year, with <ho industrial group at® the high- vst figure since the spring - of 1920 Bonds moved within more nar- row limits. Rieing commodity prices, a flood. of :dditional earnings reporfs showing marked improvement in all basic ine dustries over conditions at this time lust year and another scries of favor- able” dividend announcements, fur- nished the basis for the rise in stock prices. Public participation was more w“stensive, but the bulk of the trad- vi ill in professional hands. Higher Prices Help Stocks. Sales of copper metal between 16 and 161cc a_ pound, the highest prices since 1920, drew attention to tho copper shares, nearly all of which registered ‘new high records for the year, Sugar issues, which became re- *tionary following the break in the raw sugar market last week, started upward again in response to higher prices for the raw and refined prod- ncts. Oil shares also strengthened on higher crude oil and gasoline prices. Indications of a record daily aver- ge of pig iron production in Febru- combined with higher prices for finished steel products and reports that many steel mills had withdrawn irom the market as sellers of steel, induced buying of the Independent Steel shares. Automotive shares made 2 quick response to reports of record production for this season of the year, Rubber shares also were inclined to &tiffen on rumors of higher tire prices. - Rail Earnings Heavy. dpeculative expectation of unusual- 1y favorable January earnings state- ments was noted in the raflroad xroup, several dividend-paying Issues registering excellent gains. Louisville and-Nashville was one of the most prominent, gaining approximately ten points, buying belng influened by re- ports that the Interstate Commerce Commission would soon hand down a favorable decision on the road's ap- plication to increase the capital stock from $72,000,000 to $125,000,000, per- mitting the declaration of a stock dividend. Public utility, merchandising, food, 1obacco, chemical, textile and equip- nient shares also had intervals of strength. Shippings were “the only noticeable weak spot, falling back slowly when it became apparent that the ship subsidy bill was doomed to defeat. While development abroad appar- ently have ceased to be stock market factors, tho establishment of a new high record for sterling at 30.7'.‘, only 3 oents below the “pegged rate” dur- ing the war and within 15 cents of par, aroused widespread interest. \ Erle 18t pf FamousPlayers Famous Play pf. Fd Mines & S pf. Fifth AvBusw Fisk Rubber.... Fleishman....... Freeport Texas. Gen Asphalt. ... Gen Cigar deb. . Gen Blec.ric. - Gen Elec spl w Gen Motors. ... Gen Motors pf ... Gen Mot 6% deb. Gimbel Brospf. Goldwin Corp. . Goody'r pr pf Wi. Granby Consol. Gray & Davis. .. Gt Northern pf. Great Nor Ore. . Gt West Su pf. . Guantanamo Su. Gulf Mo & Nor. . GuifMo & Norpf Guif St Steel..... Harbishaw Cab. Hartman Corp. Hayes Wheel. Hendee Mfg. Houston Oil.... Hudson Motors. Hydraulic Steel. Iliinois Central. Inspiration. ... Interborough pf InterborRapTr. In Ag Chem pf. IntCement..... InCombustion B Int Harvester pf Int Mer Marine. Int M Marine pf. Int Nickel Intl Paper. Int Shoe. Invincible Oil Iron Products. 1sland Oil. . Jewel Tea. . Jewel Tea pf. Jones Tea. . Jones & L'ghl pt Kansas & Gulf. . Kansas C Sou pf Kayser (Julius) Kelly-Spr Tire. . Kelsey Wheel. . Kennecott. Keysgone Tire. . Kresge (SS)... Lake Erie & W. LakeErie&W pf Lee T & Rubber. Lehigh Valley. . Lima Locomo. Loft Inc. Loose-Wi Lorillard (P Louls & Mack Trucks. .. Mack Truck 2d. Macy Cocpt Magma Copper. Mallison & Co. . Mallinzon&Cpf. ! 89" 19% 88 96 53% 8 15% 39% 19% 46% 109% 109% 186 T86 11% 15 84% 84 33% 106 12% 19 57 89% 1% 92 41 21 T15% 29% 20% 5 5 116% 116% 41 4% Bis ¥ 18% 38 106% 121 19 57 0% 1% 921 41 21 18% 38 39 39% 25% 25% 114% 114% 10% 10% 41 4 16% 16% 58% 53% 67% 68% 17% 1% 50% b51% % % 21% 22 ¢ 6 % § 56% 064 108% ng‘h 2 551 55% 44 4 54 54 109 109 41% 42% o 9% 233% 233% 32. 33 W% 1% 29% 29% 68% 68% 66% 68% 10% 10% 55 b5 178 173 | 150 154% | Lo U 881" 8815 114% 114% 35% 863 35 35 89% 89Y Tobacco Frod... Tobacco Prod A. Tobacco Prod pt. Tol StL & W pf. Trans Contl Ofl. Union Paciflc. .. Union Pacific pf Un Cigar Stores. Un Alloy Steel. . United Drug. ... United Fruit.... United Ry Inv Unit Retail Strs. U S Cast Ir Pipe. U S Express. U S Hoftman Mct U S Indus Alco. . US Realty. .. J S Realty pf... 1J S Rubber..... U S Rub 1st pf U S Smelt & Ref USSmelt&Rpf. U S Steel. . U S Steel pf. Utah Copper. ... Utah Securities. ‘Vanadium Corp. Va-Cr Chemical. Va-C Chem (B). Va-Car Chem pf ValIrCoal &C.. Vivadou.... B Wabash........ Wabash pf (4). ‘Wabash pf (B) Wells-Far Exp. Western Md. ... Western Pac pf. Western Union. West Air Brke.. Westhse El & M White Eagle Oil White Oil. Wickwire. Wilson Co. ...... Wilson & Co pf. Willys-Overld. . Will's-Overld pf ‘WisconsinCent. ‘Woolworth. Worthington. .. b6k 834% 112% 52 11% 74 1431 6% 210 35% 84 178% 14% 6% 32 8 22 68 97 3 104% 60 68% 66% 18% 10% 304 20% 9% 14 58% 117% 117% 6474 29% 4% 12% a1 86 Ny 52% 351 11am..... 228600 12m NEW ter; firm; YORK, receipts, 103 39 46% 1074 120% 6914 21% 41% 26% 16% 68% 64 18% 10% 30% 20% 97 14 58% 117 117% 647% 28% 4% 12% 41 86 % b52% 34% . 214% 214% 214 214 36% 36% 36% 36% HOURLY SALES OF STOCKS. +435 100 ! NEW YORK DAIRY PRICES. February 24.—But- 9,930 packages; creamery higher - than extras, 5315; creamery extras (92 score), 52a 52%; creamery firsts%88 to 91 score), 50a51%; packing stock current make, Eggs, steady; re- Pacific coast whites, extras to extra firsts, 40%a receipts, No. 2, 36%ad%. ceipts, 42, Cheese, pounds. PARIS MARKET STRONG. 36,392 cases; firm ; 54,781 reflg\ed 25 points to 8.75 cents. New_York bank. clearings, §890,000,- New_York_ bank_balances, '$80, ,000. New York Federal Reserve Bank credits, $51,000,000. — e FOREIGN EXCHANGE. February 24, 1923—1. p.m. (Quotations furnished by W. B. Hibbe & Co.) !\'on:lnlle Selling checks 3 2 London, pound Moutreal, doll Parls, franc Berlin, Zurich, franc. Athens, drachmi Madrid, peset: Vienna, crown. Budapest, crown. Prague, crow: Warsaw, mark. Copenhagen, ¢ Christiania, crow: Stockholm, " erown By the Associated Press. NEW YORK, February 24.—Foreign exchanges easy. Quotations—Great Britain, demand, 4.70 9-16;" cables, 4.70 13-16; sixty-day bills on banks, 468 5-16. France, demand, .0605; cables, .0606. Italy, demand, .0451; cables, .0481%; Belgium, demand, .0531; cables, .0531%:. Germany, de- mand, .000043% cables, .0000443;. Holland, demand, .3962: cables, .3965. Norway, demand, .1843. Sweden, de- mand, .2657. Denmark, demand, .1944, Switzerland, demand, .1877. Spain, de- mand, .1667. Greece, demand, ..0110. Poland, demand, .000021. Cszechoslo. vakia, demand, .0295. Argentine, de- mand, .3760. Brazil, demand, .1162. Montreal, 98%. —_— CHICAGO STOCK MARKET. CHICAGO, February 24.—Following is a report of today’s sales, high, low and closing quotations, at the Chicago Stock Exchange: High. Low. Glose. . 1'5 9% Q‘D' Sales. B s 38 Armour Leather 1665 Armour of Il of o . 18% 1188 118% 51‘,-’ 51 81 233 22 42 17 6814 64 18% 1015 301 20% 9Tie 14 58% 17 117% 647% 29 4% 12% 41 86 % 524 84% 11700 Boone Woolen 50 Diamond Match 950 Middle W _Utilities. 430 Montgomery - Ward. 3215 Stewart-Warner 800 Thompson (J R) 5450 Yellow Taxi ...... BUYS DEPARTMENT STORES. NEW YORK, February 24.—The May Department Stores has purchased Hamberger & Sons, one of the largest department stores in Los Angeles, Al mer _Schlesinger, attorney for the corporation, announced yesterday. The purchase price was sald to be about $8,600,000. The deal involves a long-term lease on one of the most valuable square blocks in Los An- gelen. 53a PARIS, February 24.—Prices were strong on the bourse today. per cent rentes, 58 francs 40 centimes. Exchange on London, 77 francs, 50 Five percent 5 centime: quoted at 16 fran centimes. francs loan, The dollar was 93 centimes. ‘Three TODAY’S SUGAR PRICES. NEW YOI February 34—Sugar futures clo: easy; approximate =ales, 40.000 tons: March, §. May. A5.615 July, 8.99; Seplember, “ Public Service bs Punta Alegre 7s. Sinclalr Oil 7s. Sin Pipe Line bs. So Por Rico Sug 5. { South Bell Tel 6s St Oil of Calif Ts... Tide Wat Oil 6%s. Tobacco Prod sf 1s Toledo Ed'n 1st 7s. U S Rub 1st rf 5s. U S Rubber 7%s. USSteel s £ 5s. Utah Pow & Lt 5s. Va-Car Chem 7s... Va-Car Ch 7%s sw Wickwire Spen 7s. ‘Wilson & Co 1st 63 ‘Wilson&C cv 7%s. ‘Wilson & Co cv 6s. PRIZES WON AT PET SHOW. Prize winners of the animal pet show held at the Boys’ Club, 3d and C streots nortywest, Thursday, were an- nounced last night, as follows: Dogs—Belgian police dog, owned by Barnwell Smith, first; bulldog, owned by Winston Kraft, second; St. Ber- nard, owned by George Beighey, third. Puppies—Mexican, owned by John Turley, first; collie, owned by Edward Mather, second; bull terrier, owned by David Frank, third. Miscellaneous — Pony, owned by Barnwell Smith, first; white rabbit, C. Rodifi, second; bantam chickens, Bd- gar Swick, third; pigeons, George Christian, fourth. Prizes were given to the following “feature” animals: Best animal in show, police dog, belonging to Barn- well Smith; beauty, fox terrier, owned by James Mitchell; homeliest, bull terrier, owned by David Frank; big- gest animal, pony, owned by Barnwell Smith; smallest, turtle, owned by Ray Betz; biggest dog, owned by George Beighey. ‘WOUND PROVES FATAL. Adam Cain, colored soldier, station- ed at Fort Myer, Va., who is alleged to have been shot by George Hall, an- other soldler, during trouble at 1304 G street northeast early yesterday morning, died at Casuaity Hospital last night. Coroner Neviit arranged to hold an inquest at the morgue this afternoon, when a jury will pass upon the testimony and determine if Hall fired the fatal shot. SUES FOR $25,000. Mary Walker has filed suit iff the District Supreme Court to recover $25,000 damages from the Episcopal Eye, Ear and Throat Hospital for alleged personal injuries. She was employed at the hospital and Feb- ruary 34, 1930, caught her hand in an ironing machine. is_represented by’ Attorneys James A O'Shea, John 1. Sacks aud Anna Cooke. .27 74 18 2 9 17 2 5 16 17 10 30 5 30 23 10 16 2 1 9% 103 104% s 107 88 108% 102% 920 97 9% - 97 % 100% 100% 103 103 96 95 TOTAL SALES (Par Value): 11a.m.. 3437000 12noon 5488000 —_— TRBASURY CERTIFIOATES. (Quotations furnished by Redmond & Co.) —C Rate—Maturity. Bid. 814s March 15, 1923. 99 2932 100 ! 4i¢s March 15, 1928, 9931-32 100 1-16 83,5 June 15, 1923 Do 100 8%s September 15, 18231 45~ December 15, 1028 % 5%s June 15, 193 5 Bi4a Sepember 15, 015 101t ] 4%s March 15, 192 100116 1008, 4158 June 15, ‘1925 9K 90fy 43,8 December 15. 4% Mareh 15, 1926, 4i4s Septefnber 16, 1 4ils December 15, 19: —— SHORT-TERM SECURITIES, (Quotations furnished by Redmond & Co.) Alumtoum Co. of Amer. i 0. o Amer Ameriean Cotion O 03 Americ 85 1987, American Tel- - ‘American Tel. 5 Amcnn%l E‘nwwr g: }9& a Copper T Angio American 01l 734s 1635 Armour & Co. 78 1980. Bell Tel. of Canada Bethlehem Steel 75 1923, 108% 1034 g 106.? 1 10045 1015 Y0iy Great h Hocking Valley. 6s 19! Houbie OIl Gigs 1982 Kansas City Term. 8s 1323 Kennecott Copper 7s 1930. Libby, MeNeil & Libby M., n:.c: g. 8. M. 6 s’ & Co. Morrts' & Co Sears, Roebuck & Co. rn Bell 78 1925. Southm eSS, of Callf 7a 1061 8148 1981 Tidewater Ofl 6146 1951 t Union 63%s 1836, Wertinghouso E. & M. 7 POWER PLANTS BOOMING. ! CLEVELAND, February 2t (Spe-| cial).—As a result of the greatly in- creased industrial activity thro:lzh-l out this section, Ohlo power plants have been _called on to produce what has been a record output for Janu- ary and half of February. The Ohio committee on public utility informa- tion today predicted that all recordul 1008 | 10315 % for production of Ohio electrical en- ergy will be broken in 1923, BAR SILVER QUOTATIONS. N N, February 24.—Bar silver, 31 e ber ‘ouncs) money, 1% por cent; discount rates, short bills, 23a 214 per cent; three-month bills, 2%a 27-16 per cent. NEW YORK, February 24.—Foreign bar silver, 64%; Mexican dbllars, 9%, 11.50 1162 . 1082 1082 11080 109 DAIRY PRODUCTS. BALTIMORE, Md., February 24 (Special). — Live poultry—Turkeys, pound, 25235; old_toms, poor and | crooked breasts, 20. Young chickens, 30; and Leghorns, 22a26; old hens, 24a26: small and Leghorn: 22a23; old roosters, 15. Ducks, 27a3 small and poor, 23a2d. Geese, 19a25} rough and poor, 17ai8. Pigeons, pair, 30a35. Guinea fowl, each, 40a60.| Dressed poultry, turkeys, pound, 30 a35: old toms, 2528 poor and crooked | breasts, 20. Young chickens, 28a30; old and mixed, 25a28. Old rooster: 16a17. Ducks. 27a32. Geese, 20a25 Capons, pound, 36; medium, 34a3 small slips, 0232, Eggs—Loss of native and nearby | firsts, dozen, 40; southern, 38. Bufter—Creamery, fancy, pound, a53; prints, 53255, Nearby creamer: 46a49. Ladles, 38a40. Rolls, 35a3s. Store packed, 35, Dairy prints, 36a38. Process butter, 42a43. CHICAGO LIVE STOCK MARKET. | CHICAGO, February 24 (United States Department of Agriculture).— Hégs—Receints. 15.000 head; early, steady; bulk, 150 to 210 pound aver- ages, 5.10a8.25; top, 8.25; bulk, to 300 pound butchers, 7.80a8.00; few packing sows, around 7.00; 'light- weight pigs, 7.00a7.50; estimated hold- | 3000 head: heavy-welght hoge, medium, 7.85a8.20 1077 10.90 .30; packing sows, rough, 6.80a6.90; kiliing pigs, 7.25a8.00. e—Receibts, 500 head; com- pacad ook ?&o beef steers and Yearlings generally 25 to 40 higher; Kinds of value to sell at 9.00 or above showing most advance; killing qual- ity mostly medium to good, extreme top mAtured steers and long year- lings to load lots, 10.25; few heifers up more; canners and cutters strong Yo 15 higher; bologna bulls mostly 15 to 25 higher: heavy beef bulls slow, around best bolo%‘nl. prices; wveal calves unevenly 75 to 150 ‘lower; gpots more; medium, light and heavy Vealers showing most decline; stock- ers and feeders generally 'steady: lower ndes weak. k's bulk prices follow: Beef stee: 7.85a9.35; stockers and feeders, 7.25a7.75; fat she stock, 4.75a7.00; canners and sln.- ters, 3.25a4.25; veal calves, 11.00a12.50. Sheep—Receipts, 2,000 head: mostly direct, compared week ago; fat, wool- ed lambs, generally steady; clipped kinds a big 256 lower; fed yearling wethers, scarce, about steady; fat sheep, strong to 10 higher; feeding and shearing lambs, steady to strong: week’'s extreme top fat lnmbs._ l_:, 0 to city butchers; closing top, 15.25 to packers; bulk, desirable fat wooled Jambs, 14.35a15.15; clipped kinds most- 1y 11.50a12.5 best fed yearlings, 12,00; bull, 12,50a13.00; strictly cholce fat ewes up to 8.50; desirable light- welght kinds, 7.5028.40; heavies most- Iy 6.00a7.00: feeding and shearing lambs mostly 14.70a15.25. jtreaty and su {set in the Berl to September, 192 that Germany over to the purported to show actually turne: inder the peac: agreements kind of 45,600 a total i C: and 000,000 £01d marks. Including German losses in execution of terms of the peace treaty (surrende of warships, military and industria disarmament. etc.), and the value o Alsace-Lorraine and the lost over seas colonles, Germany clalmed ti total would ‘amount to more than 100,000,000.000 gold marks, not includ ing the costs of occupation. The total cash payment French in the abov 1,889,000,000 gold mark statement placed at marks. The p: by the.French as 3,951,000,000 goic marks, were placed in the Germa: statement at 5,500,000.000 gold marks and the value of the Sarre mines w 1 statement at 1,01 000,000 marks, as compared with th: t by th dispatch a the Germiu 00,000,000 g0 in kind, given |French estimate of $00,000,000. | TRYING TO COMPROMISE VAST STRIKE IN SARRE 70,000 Miners Ask Increase of 7 Francs a Day—Offered 3 Francs. By the Associated Press, PARIS, February 24.—Efforts are being made to settle by a compromise the strike of 70,000 ‘coal miners in the Sarre valley. The strikers, some of whom belong to the German con: munist federation of labor, have asked an increase of 7 francs a day They have been offered three franc The situation in the Moselle basis involving 30,000 miners, remains un changed, but it is believed that If the Sarre valley men return to worh those in the Moselle district will fol low. .The latter are being supported to some extent by contributions of the gommunist miners’ organizatiou which has intimated that it may 1 a sympathy strike with 40,000 con mynist miners in the Ruhr on March 15. - RECEIVED BY PRESIDENT. Officers of Institute of Government Visit White House. President Harding received 1he officers of the Institute of Govern- ment at the White House this after noon. Mrs. Haviland H. Lund, presi dent of the institute, headed th elegation. 3 The six-day convention of the or ganization is being brought to close this afternoon, with a progra dedicated to agricultural subject At the concluding session this afte moon addresses were delivered by Representative Sumner of Texas, 8. ¢ J. Lowell, T. C. Atkeson and others.