Evening Star Newspaper, March 2, 1923, Page 28

CALIFORNIA PETE - IN SHARP UPTURN Trading More Active and Bit Wilder Today—Prices Con- tinue to Advance. BY STUART P. WEST. Special Dispatch to The Star. NEW YORK, March 2—There was no difference between the market to- day and that of other days, except that the tcading was more active and a bit wilder California Petroleum stocks had an- other sharp upturn at the start, after which they were not as conspicuous. A report that the preferred stock would be called in, thus placing the ommon directly in contact with the carnings and treasury assets, wa denjed. California Petroleum pre- ferred at its high was up 10 points irom where it was selling only a week ago. Other ofl stocks were generally stron, In the Pan-American heavy short accounts was outstanding and was easily driven in. The upward move continyed in Phillips’ Petroleum and Pacific Oil and Sinelair, which previously had done nothing, were at length drawn along. Annconda Lends Coppers. The feature among the coppers was Anaconda, and here the objective “vidently ‘was to get the stock up to ihe level at which the recently i debenture bonds would begin converted. The lowest conversion vrice is and this figure was reach- ed in the early dealings. Among the specialties United States Realty was again a feature and other stocks in this category that were bid up most sharply included Interna- »nal Paper, International Cement, Owens Bottle and Wells Fargo. Tim- ken Rolling Bearings, responding to optimistic statements from sources close to th ompuny, ot across 40 for the first time. Bethlehem Steel B. was the strong- est of the steels and American Smelt- ing of the metal stocks. Review and Outlook. There was very little in the way of outside developments that bore at 1l upon the security markets today. With st s it was simply a of the pools and large operal tinuing to push their advantage while conditions were favorable and with sentiment sanguine. Some of the upbidding of specialties was un- questionably reckless and suggestive of August and October, 1922, the cor- toctive for which was found in the violent recoils of September and N vember. Nevertheless thero wa mmediate sign of a check Along with e ontinued advance an the stock exchange, speculation for the rise was activ in in the commodity markets. Cotton went through the 301:-cent level and re ed sugar p regained nearly all the ground lost early in the weck. In view of the cold water which sugar refiners have tried to throw upon rise the raw product it was interesting m hurriedly pulling their quotations from § cents a pound. ‘here they stood only a few day above 9 cents. Rubher Report Out Soon. )t of the United States Y. to be issued in the . Wil _show about 50 cents applice e to the common stock. ceording to reliable advices redct Distribution on the com as not been made since July. in 1921 1. S. Rubber reported a deficit of $6.000.000 after preferred dividends. The showing to be made for the last {welve months will prove that the preferred dividends were carned, which was a matter in_doubt in some quarters. The Street figures that the publication of the “bad news' in the shape of poor earnings, together with a prospective advance in tire prices, will be followed by a batter feeling regarding U. S. Rubber, a5 well as the other rubber and tire shares. The 19: no r -future, reports of the American Telaphoue and Telegraph Company ind_the Bell system will be made public next week. A remarkable i erease in carnings over those of 1 will be shown. International Paper. The short interest in International Paper, which put out its line of stock <ome weeks ago, when it first became known t the company would pre- ment a bad annual report, appears to he having quite a bit of trouble getting under cover. The paper report is due the first week in April, and will show 1922 as a year of losses rather than rofits. Since the preparation of this port, however, quite a change has come in the paper industry, especially n the news print end of it. and Inter- national Paper is now doing much hetter than it did at any time last year. L Marks Quoted Higher. Marks were quoted higher. an interesting occurrence, in view of the 420,000,000,000 increase in paper note circulation disclosed in the lat- cst weekl report of the German Reichsbank. Money rates were un- chang but the e; er conditions which ve developed with the course of the week were readily explained Ly the federal reserve figures show- ing that the raising of the New York bank rate had been effective in further reducing rediscounts by nearly $30,+ 000,000, EX-DIVIDEND TABLE. Mareh 5- Timken Roller Dearing. q March 7 again S Realts & Improvement. q Gingn AL inGes o American Heet Sugar pe q........ American Puen Service Tt pf, x4 Chesebrough Manufacturing, .q. Cliesebrough Manufacturing pf, q. n Sugar pf, q. S 8 Kresge, q...... S S Kresge pf, q..... March 13— Rumely pr. a Tirankiyn Union’ G e Kervice pf, mihls. payabic pf B, milly, payable cash tra. parable, in el pf. q 14 ult States Steel 7% pf, o Gulf States Steel.. Tnspiration Copper . tional Cement, llips Petroleum, Itepublic Iron & Steel pf, Tnited Dyewood Df. d.. United Drewood, q. C. & 0. CAR LOADINGS GAIN. The Chesapeake and Ohlo railroad moved 21,768 cars of bituminous coal, 1.088,400 tons, in the first thirteen days of Kebruary. gain of 546 car- loads over the first thirteen days of Junuary, 21.222 cars of 1,061,000 tons, January loadings and February's, up to the 13th, exceeded 1922. $2,750,000 GIVEN OUT. COLUMBIA, 8. C., March 2.—The arolina Cotton Growers" Co- Operative Association has begun dis- tribution of $2,750,000 to its members. Approximately 10.000 checks are to Le mailed out, it was stated. FINANCIAL. ‘THE EVENING STAR, WASHINGTON, D. C., NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office For Revised Close of Stock Market see 5:30 Edition of The Evening Star. Open. 8% 50% Adams Express. Adv Rumley pf. Alr Reduction. . Ajax Rubber. ... Alaska Juneau. . Allled Chemical. Allled Chem pf. . Allis Chalmers. . Allis Chalm pf. . Am Agr Chem AmAgrChempt. Am Beet Sugar. Am Bosch. Am Can Am Can pf. Am Car & Fdy.. Am Chicle Co... Am Cotton Ofl.. Am Druggist. Am Express. ... Am Hide& Leatn AmHIde&Lea pf Am Ice pf. Am Internat’ . Am La France.. Am LaFrancepf Am Linseed. ... Am Locomotive. Am Locopf..... Am Metals. .. Am Roll Mill pt, Am Safe Razor. . Am Ship & Com. Am Smelting. Am Smelting pf. Am Snut Am Steel Am Sugar. Am Sugar pf Am Sumatra. ... Am Tel & Teleg. Am Tobacco. ... Am Tobacco (B) Am Woolen. Am Woolen pf.. fAm Writ Pr pf.. Am Zinc & Lead Anaconda. Ann Arbor pf... Asso Dry Goods . Ass0DryG st pf Atchison. Atchison pf. . Atlan Bir & Atl. Atlan Cst Line.. Atlantic Fruit. . Atl Fryit ctfs. ... Atlantlc Gulf... Atlantic Gulf pt Atlantic Ref. ... Austin Nichols. . Auto Sales pf. Baldwin Loco. .. Baldwin Loco pf Balto & Ohilo. ... *Bank of Cot Barnesdall (A} Barnesdall (B) . Bayuk Bros. . Bavuk Bros bf. . Beechnut Puck. Beth Steel. ... Beth Steel (B) . Beth St1.7% (n). Beth Steel 8% pf | Erit Empire Sti. Br Iim $tl 1st 1 Br Em SU 2d pf. Bklyn Edison. .. Bklyn Rup Tran Bklyn R Tr ctfs. Brown Shoe... Burns Bros (A). Burns Bros (B) . Bush Term pf. .. Butte Copper. Butte&Superlor. Butterick California Pack Calif Petrol. ... Calif Petrol pf.. Callahan Zin Calumet & Ariz. Canad'n Pacific. Central Leather Central Leath pf Cerrc de Pasco. Chandler Motor. Chesap & Ohio. . Ches & O pf w i. Chi & Alton..... Chi & East1ll... Chi & East 111 pt Chi Great West. Chi Great W pf. Chi Mil & St P.. ChiMil &StPpf. Chi & Northwn. Chi Pheu Tool. . ChiRI& Pacific Chi R I&P 6% pf ChiRI& P7%Df Chi St P M & Om Chile Copper. Chino Copper. Cluett Peabody . Coca-Cola...... Colo Fuel - Colo & Southern Columbla Gas. ... Columba Graph Cons Cigar. Cons Cigar pf... Copsol Gas new. Cons Textlle. ... Cont Insurance. ContCan....... Cont Can pf. Corn Products. . Continental Mot Cosden & Co. ... Crucible Steel Cuban-Am Sug. Cub Am Sug pf. . Cub Cane Sugar. Cuba Cane S pf. Cuban Dom'ican. Cuban Dom ... { Davidson Che De Beers. ... Del & Hudson. .. D Lack & Wstn. Detruit Edison. . Detroit United. . Dome Mines. DuSS & Atlan. . Dupont (EI). Dupont deb. ... Eastman Kodak Elec Stor Bat.... Emerson-Brant. Endicott-John. . Bile..oeosese Erle 1st pf. . {iExchange Buft. | FamousPlayers. Famous Play pf. {Fed Mines & Sm. ! Fd Mines & S pf. Fifth Av Busw i. Fisk Rubber. ... Fleishman. Freeport Texas. 16% 38% 19% Gen Am Tk Car. 69% Gen Am Tank pf 102% Gen Asphalt.... 46% Gen Asphaltpf. 78 Gen Baking. . 83% Gen Cigar .. 91 Gen Eleciric. ... 186% Gen Elecsplwi. 11% Gen Motors..... 15 Gen Mot 6% deb. 85% Gen Mgt 7% deb. 100% Gimbel Bros pf. 997 Glidden Goldwin Goodricn. ... Goodrich pf..... Goody'r pr pf Wi. Granby Consol.. Gray & Davis. .. Gt Northern pf.. Great Nor Ore. . Greene-Cananea Guantanamo Su. Gulf Mo & Nor.. Gulf Mo & Norpf Gulf St Steel.... Harbighaw Cab. Hartman Corp. . Hayes Wheel Hendesé Mfg Homestake. Houston Ofl. Hudson Motors. Hupp Motors. Hydraulic Steel. Tliinois Central. 11l Central pt. Indiahoma. .. Indian Refining. Inspiration..... Interboro Met Interborough pt Int Cement..... InCombustion E Int Mer Marine. Int M Marine pf. Int Nickel. Tnt Nickel pf 8% 34% 33 12% 19% 56 93 1% 93 36 21 69 3% 29% 25% 5 116 117% 13% High. 9 50% 65% 18% 1% T8 % 112 51 95 36 664 46 50% 1041 114% 186% 9% Tow. 8% 50 64 18% 1% 1% 111% 50 95 34% 657 45% 49% 103 114% Close. T8% 50 63% 13% 1% % 112 51 95 34% 667 45% 49 103% 114% 186% 9% 1ntl Paper. Intl Paper (sta) Int Shoe Int Shoe pf. Intertype Corp. Invincible Ofl. .. Iron Products. Island Oil. .. Jewel Tea. ..... Jones Tea. ... Jones & L'ghl pt Kansas & Gulf.. Kansas City Sou Kansas C Sou pf Kayser (Julius). Kelly-Spr Tire. . Kelly-Spr 6% pf | Kelsey Wheel. . {Kennecott...... Keystone Tire Kresge (S 8) Lee T & Rubber. Lehigh Valley. . Liggett&Myers Lima Locomo. Loews Inc. Loft Inc. . Lorillard (P) Lorillard pf. Loese-Wiles.. .| Loose-Wil 2d pf. Louls & Nash... Mack Trucks Mack Truck 1st. Mackay Cos. Macy Co........ Magma Copper. Mallison & Co. Manatl Sugar. . Manhattan Elev. Manhattan Ects Man Elev scriy, . Manhattan Shirt Market St Ry. . Market St prior. Market St pf Market St Ry Marland Oil. Martin-Parry . . Mathison Alkili. Maxwell (A)... Maxwell (B). .. May Dept Stores McIntyre Porcu. Mexican Pate. Mex Seaboard. .. Mex Sbd ctfs. Miami Coppe Middle St Ofl Midvale Steel. Mo, K& Twi Mo, K & T pf wi. Mo, K& Tfpd.. Mo Pacific. Mo Paclfic pf Montana Power. Montgom'y W'rd Moon Motors Mother Lode. Vash Motors atl Acme. ... atl Biscuit w 1. Natl Cloak & S. atl Cloak&S pf at} Conduit Nevada Copper. N Or Tex & Me: N Y Air Brake. N Y Air Brk (A) N Y Central.... NY NH & Hartfd. orfolk & West. orth Amer w i orth Americ orth Amer pf orth Pacific Nov Scotia Steel n Ohio Bdy & Blw. Oklahoma Prod. Ontarlo Silver Orpheum Circuit Otis Steel....... Owens Bottle. Pacific Develop. Pacific Gas & El Pacific Mail. FacifieOil.... Packard Motor. Pan-Am Pete. Pan-Am Pet (B Pennsylvania... Penn Seabd Stl. Pere Marquette. Pere Marq pf Pere Mrq pr pf Philadelphia Co. Phillips Pete... Pierce-Arrow. .. Pierce-Arrow rts Pierce-Arrow pf FPlerce Oil. . Filerce Oil pf. Piggly-Wiggly. Pitts Ce Pitts Coal pf. ... 'itts & W Va. Pitts & W Va pf. Pond Creek Coal Porto Rico Tob. Postum Cereal. . Pressed Stl Car. Producers& Ref Pub ServofNJ. Puflman Co. Punta Alegre. Pure Oil. . Railway Stl Spr. Ry Stl Spr pf. .. Ray Con Copper. Keading.... . Replogle Rep Ir & Steel. Rep Ir & Stlpf. . Reynalds Spring Reynolds Spr rts. Rey Tobac (B).. Rey Téb pf B Royal Dutch . St Joseph Lead. . St L & San Sran. StL'& San Srpt. St L Southwn. .. St L Southwn pt Seaboard Air L. Seaboard A L pt Sears Roebuck. . Seneca Copper.. Shattuck-Ariz. . Shell Union. Simms Petrol. Sinunons. simmons pf nclair Ofl Sinclair pt.. Skelly Oil. Sloss-Shefticld So Porto Sugar. South Pacific. .. Southern Rwy. . Southern Ry pf. Spicer Mfg Co. . St Oil of Calif. .. StOllof NJwi. StOilof NJ pf.. Steel & Tube pf. Sterling Prod... Stew’t-Warner. Stromberg Carb Studebaker. . Submarine Boat { Superior O1l. Superior Stee SweetsCoof Am. Tenn Copper-... Texas Company. ‘Tex Gf Sulphur. Texas & Pacific. Tex & P C&O11 ‘Third Avenue. .. Tide Water Oil. . Timken Bearing Tobacco Prod... Tobacco Prod A. Tobacco Prod pf. Trans Contl Ofl. Transue & Will. TwinCR Tran.. Unlon Bag & P.. Union Pacific... Union Pacific pf. Union Tank Car Open. 55% 72 68% 119% 40 17% 17 104% 66% 102 85 1197 1% 6% 3215 1% 124 517 6074 26 23 17% 142% 40% 59 84% 112% 11% 34 60% 68 142% - T4ty 90 High! 567 73% 68% 119% 10 67% 108 85% 121% 1% 6% 324 21 12% 517 62 26 23 17% 144 40% 59% 85 112% 11% 34 62 7015 142% 5% 95% Un Tank Crpf.. 111% 111% Un Alloy Steel Utd Dyewood pf. United Drug 1st United Fruit.... United Ry Inv Utd Ry Inv pf. .. Unit Retail Strs. U S Cast Ir Pipe. USCastIrPpf. U S Hoffman Mct U S Indus Alco. . USRealty. USRealty pf. U S Rubber, U S Rub 1st pf. U'S Smelt & Ref 36t 921 48 179 1815 49 811y 34 1 2015 0% 108 107 108 60% 42% 36% 92% 48 183 19 51% 83% 344 1 208, T0% 105 60% 102% 102% 484, Tow. Close. B6% 66 72 2% 68% 68% 119% 119% 39% 39% 17% 17% 54l b4 % Y% 21% 22 56% 67 108% 109% 2% 2% 23% 28% 56 56 43 43% 53% b3% 90 92 13 113 4% 4% 9% 9% 177% 177% 2815 2815 68% 69 210% 210% 69 69% 19% 19% 10% 10% 175 176 19 119 59% 62% 117% 117% 150 150% 76 76 95% 95% 115 115 67% 67% 37% 88 34% 36% 63 63% 56 56 435 43% 4% 4% 46% 46% 1% 707 a3 281 4 1% 61% 521y 16% 754 4 1% 30% 11% 31% 15% 42% 38 18% UBERTES MAKE FEW PRIE MOVES 1 Other v Issues Trifle Firmer, But Day’s Trading Is Dull and Cautious. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, March 2.—It was a day of apparently unrelated incidents in the bond market. Prices were a trifie firmer, but sentiment among dealers and traders continued pessi- mistic. The spectacle of rising commodity quotations combined with the bid- ding up of highly speculative stocks on the exchange was not encouraging to operations for the advance in the bond market. At the same time there was no weakness even among the very high-grade bonds of the type of Atchison General 4s and liberties moved irregularly with about as many gains as losses. The attention of both bonds and stock speculators was turned to conditions in the money market and the probable course of the Federal Reserve Board in the mat- ter of rediscount rate. Foreign bonds were again notice- ably firm, as they have been for some duys now. The steadiness has been maintained in the face of discourag- Ing news from abroad and Washing- ton comment on vhic could be characte alarming. But neither the foreign exchange nor the bond market has been disturbed. Among domest issues Baltimo and Ohio obligations were a trifle higher, noticeably so in thes case of the first 4% and the convertible 4':s. Southern Raflway 4s and 5s made even larger gain nd better prices were recorded for some of the St. Paul issues and the Seaboazd Alr Line re- funding 4s. In general railroad bonds have been responding to recent good earnings statements much better than railroad stocks. That the trend was not uni- form, however, was shown by losses in Sf. Louis Southwestern bs and St. Louls-San Francisco adjustment 6s. Erie prior lien 4s dropped more than a point, but regained part of the loss 67| later. 0% 24% 237 13% 103% 16% 4 65 100% 1% 681 131 113% 17% 94% 37 497y 9l 20% 69% + 103 108% 107 107% 59% 59% 102% 102% 4215 42' NEW HIGH RECORDS ' INCOTTON MARKET | Prices Again Soar During To- day’s Trading in All Old Crop Months. By the Assoclated Press. NEW YORK, March 2.—The cotton market showed renewed strength, opening firm at an advance of 12 to 30 points on higher Liverpool cables and + continuation of the buving move- ment which had been in progress late yesterday. All crop months made new high records for the season, with ch selling at 30.45 and May at $0.56 on covering, trading, buying. Wall street and commission house support. There was a good deal of realizing at these figures and some scattered southern selling which caused reac- tlons of a few points during the ear- Iy trading. but the market was stead- {ied by bullish spot advices and re- ports of 4 demand for March notices. Ten notices were issued this morning, but after selli ff from 3045 to 30.35, March quickly rallied. ton futures opened firm March, M 9.45 October, New Orleans. March 2. New Highs In NEW ORLEANS, 2. —New _record levels were reached to- {day in the cotton market by the old ierop months, March rising to 30.27 and May to In_the first ‘half hour of the session prices advanced 20 to 34 noints on a continuation of the covering movement among shorts that started late yesterday. Trade buying was noted by some brokers, {in " addition to the speclal demand from the short Cotton opened steady. March, 30.10; May, 29.80; J 29.15; October, 2547; December, Bids Around NEW ORLEAN ds. March, 3030, INSURANCE ON COTTON TAKEN UP AT CONFERENCE Margin Calls on Forward Sales Also Convention Topic in New Orleans. By the Awsociated Press W ORLEANS, March 2.—Insurance on cotton shipments. margin calls on {forward sales and shipments invoiced at provisional prices—~against contracts and the report of the resolutions com- mittee were scheduled to comprise the principal business of the final sessions ay of the national cotton conference, which began here yesterday at the in- vitation of the New Orleans Cotton Ex- change. The conference is made up of repre- sentatives of cotton spinners’ organiza- tions, cotton commission merchants, ex- porters and shippers and representa- tives of leading cotton exchanges. A_resolution providing that all arbi- trations between shippers and southern mills shall be on the New Orleans Cot- ton_Bxchange was adopted vesterda: 46% 46% 46% 464 107% 108% 1074 108% 120% 120% 120% 120% 75 76 15 23 23% 23 43 43% 42% 25% 26% 24% 67% 671 67 18% 18% 184 10% 10% 10% 30% 30% 30 43% 434% 42% 13 13 12% 100% 1056 100% 112% 113 112% 13% 13% 13% 28% 23% 23% 19% 19% 19% 60 60% 60 116% 115% 114% 64% 65% 64 9% 9% 9y 29 29 .28% 54 53% 12% 12% 12% 40% 40% 85 85 % T B2% 52% 34 34 39y 884 % 213 21;9‘. 3: 9 9 9 5% T5% 6% 6% i High. Low. Last. Call Money..... 6 b & HOURLY SALES OF STOCKS. 890100 12m. 631 500 . 966.100 USSmelt&Rpf. U S Steel. U S Steel p! Utah Coppe: Utah Securities. | Vanadium Corp. Va-Cr Chemical Car Chem pf Vivadou. ‘Wabash ‘Wabash pf (A). Waldorf System. ‘Web & Heilbrn. ‘Wells-Far Exp. Western Elec pt Western Md. ... ‘Western Md 2d. Western Pacific. Western Pac pf. ‘Western Union. Westhse El & M Wheeling & L 15 White Eagle Oil | White Motor Wickwire. Wilson Co. Wilson & Co pf. 231 43 24% 67 185 30 43% 12% 104 us 13% 23% 19% 60% 116 WisconsinCent. Worthington, Woolworth Wright Aero. ... ‘Youngstn Tube. 39% 21 5% | 'RIDAY, MARCH 2, 1923. [ s voxs BONDS o ] Received by Private Wire Direct te The Star For Revised Close of Bond Market sec 5:30 Edition of The Evening Star. £Bales are in $1,000.) UNITED STATES BONDS, Low. Salew. High. z Lib3%s...... 208 10126 10116 Lib1st4%s 122 9804 9792 Lib2d 4%s. 859 9784 9764 Lib3d 41s... 1383 9854 9840 Lib4th 4%s.. 594 9812 9792 17 100 04 100 02 . 200 9960 9948 FOREIGN. Bales. High. Argentine 7s...... 17 102% Belgium 7%s. .21 98% Belgium 6: 18 94 Belgium 8s. 3 98 Bolivia 8 10 93% Bordeaux 6s. .. 6% Brazil 7s..... 83 Brazil 8s 95% Brazil 1%s. 103% 100% 101% 100% 99% 104 102 104% 6 52% 109% 89 9% 89% 109% 97% 94% 94 88 96'% 93% 98 90% 93% 921 8174 Close. 10118 98 00 9784 9848 98 02 10004 99 60 Tow. Close. 102% 102% 98Y% 98% 93% 93% 97% 9% 92% 92% 76 % 82% 83 95% 95% 102% 102% 100% 100% 101% 101% 100% 100% 99 99 103% 104 102 102 103% 104 52% 52% 109% 109% 88% 89 99% 99% 89 89K 109 109% 9% 9% 94 94% 9315 93% 88 88 96 96% 93 23 9% 9% 0% 90% 93% 93% 921% 92% 81% 83% 77 76 56 36 90 974% 111% 98% 7114 T4% 107% 100% 93 93 98 99% 85 62 5% 10314 118% 734 115% 104 Canada 5s 1926. ... Canada §%s 1929 Canada 5s 1931 Canada 5s 1952. Chile 85 1946. Chile 8s 1926 Chile 85 1941. Chinese Gov Ry bs. Christiania 8s..... Copenhagen 5%s. . Cubas%swi... Czechoslovakia 8s. Denmark 8s 10 28 3 7 15 42 2 . 50 29 21 18 2 2 g 101 53 .. 12 2 Dutch East I 6s'62 FramericunID 7% French Govt 83 French Govt T%s.. Halti 6sctfs. ... Holland-Am s f 6s. Japanese 1st 4165 Japanese 24 4% Japa < - Jergen U M 6s47. Lyons 6s Marseilles 6s. . Mexico 5s. . Mexico 4s. . Montevideo 7s Netherlahds 6s Norway 8s. Norway 6s ctfs. ... Paris-Ly's-Med 63. 43 Prague 7%s Queensland 7s..... Queensland 6s. Rio de Jan 8s 19 Riode Jan 85 1947. 4 Sao Paulo, City, 8s. 3 Sao Paulo,State, 8s 3 Seine, Dept of, 7s.. 31 2 1 9 8 58 5%5°29 40 Ud King'm 5%s 37 13 UnSteam Copenés. 7 90 90 | Uruguay ss. 5105 104% MISCELLANEOUS. Ajax Rubber 8s 1 98y Am Agr Chem 7 5 103% AmSmelt&R 1st 5. 32 89% Am Sugar Ref 6s 103 AmT& Tey6s... 17 AmT& Tcltr5s.. 33 98% AmT& Teltrds 92 Anaconda cv db 7s..252 104% Anaconda 1st 6s 9T% Armour & Co 4% 86% Atlantic Refin 58 99 Bell Tele Pa 7s. 107% Bell Tele Pabsrcts 981 Bethleh'm Stl rf 68 93 Beth'm St1 pm bs 894 Beth'm Stlsf6s... 98%, [ Brier H St 1st 51ba. 944 Bklyn Edison 7s D. 1 108 | Bklyn Ed gen 5s 95% | Bush T Bldg 55 '60. 88% Central Leather 53 99 Cerro de Pasco §: 1487% Chile Copper 6s 103 Chile Copper 7s. 121% Con Coal Md 1st 55 8875 Cub CaneScvd 8s. 95% Det Edison ref 6s.. 13 103 Du Pont de N 7%s. 108% Duquesne Lt Tis. 108 Duguesne Light 6s 104 E Cuba Sug 7%s. . 108% Empire F&G T%s. 9374 Fisk Rubber Ss 107% Gen Elec deb 5s. 102% Gen Refract'es 6s. 99% Goodr'h (BF) 61:s. Goodyear Tr 8s '31. Goodyear Tr §s 41 Humble O&R 51s. Indlana Steel 5s. .. Int Mer Marine 6s. Int Paper 1st 5S A. Int Paper 1st 5s B.. Kelly-Sp'gfield 8s. Lackaw'a S 55 '50. . Liggett & Myer: Liggett & Mye: Magma Cop cv 7s. . Manati Sug sf 7%s Mexican Petrol 8s. Mich St Tel 1st &s. Midvale Steel 5s. .. Montana Power 5s. Morris&Colst 4%s. Nat Tube 1st 6s. New Eng Tel 5s. .. NY Edison 1st 6%s NYGETL H&P bs. N Y Tel 6341 N Y Tel 4%s.... N Am Edison 6s. N States Pow 5s. .. Northwst B Tel 7s. Otis Steel 8s { Pacific Gas & El §s PacT & T 5s'52... Packard Motor 8s. Phila Coref 65 A.. Producers & Rf 8s. Public Service 5s. . Punta Alegre 7s. Sinclair O11 7s. . Sin Crude Ofl 5%s. Sin Pipe Line 5s. .. South Bell Tel 5s. . So Por Rico Sug 7s St Ol of Calif 7s. .. Steel & Tube 7s. { Toledo Ed'n 1st Ts. I Unit Drug cv $s. U S Rub 1st rf 5s. U S Rubber 71s. U SSteelsfbs. Utah Pow & Lt 5s. Va-Car Chem 7s... Va-CarCh T4%s sw Warner Sugar 7s.. ‘West Union 6%s Wickwire Spen 7 Wilson & Co 1st 65 Wilson&Ccv 7% Wilson & Cocvés. 8 95U 954 Winch'tr Ams 7%s 4 102 101% — BUSINESS TOO HEAVY FOR MANY RAILROADS ! Those in South Unable to Handle Amount of Traffic { Offered. .15 7 .. 4 .13 SerbsCrotsSlov 8s. Soissons 6s. Sweden 6s...... SwissConfedsf8s. Tokio 5s Ud King's 1045 118% 74 115% 104% Denmark 6s . lnutch Fast 1 6s°47 98% 103% 891 102% 116% 98 91% 104% 974 85% 98% 107% ags, 92% 894 98Y; 943 108 961y 8% 8% 147% 1027y 12013 88ty 95% 102% 108 107% 103% 1084 93% 107 102% 9815 101% 104 116 971y 100% 851a 867 85% 4 109 91 116 974 119 99% 108 9% 88 9614 8315 99% 9814 109% 993 1054 9% 93% 90 1075 100% 911 90%, 107% 100 107 85 118% 100 9% 8614 934 101 106% 102 106 1121 8719 108 102% 90 97T 96Y 105 109% 97% 100 » o amaNeRRweNea BeaE Special Dispatch to The Star. of the railroads in the southeast and southwest is in better shape than last autumn, and car equipment is more extensive, but the carriers are unable to render satisfactory service in this section today because of the record ' volume of "commerce. The business year really is just opening, yet freight traffic already is supernormal. New construction projects already announced are sufficient to keep the building and construction trades busy at capacity in this section for several | years. "The building trades workers have received advances of approxi- mately 20 per cent. —_— GAIN IN NET INCOME. BALTIMORE, March 2—The annual report of the Maryland and Pennsyl- vania railroad, which was submitted yesterday at the annual meeting of the company's stockholders, shows net income of $107,776.34 for the year 1923, an increase of $65,160.03 over the preceding year. Gross operating. revenues wers $818,333.63, an Increase of $16,664.76. The resignations of Alexander Brown and B. Howell Gri: wold, jr., left two vacancies on the beard vf directors which were filled. | | O Short L en 55 *46. 2osei ST. LOUIS, March 2.—Motive power | RAILROADS. Ann Arbords...... 3 65 Atchison gen 4s... 45 88% Atchison adj 4s... 30 80 Atlantic C L 1st 4s. 28 87% AtlanticCLcl4s.. 6 824 2 94% 94% 14 1% 17 100% 100 80% 80% 82% 82Y% 4% 4% 93% 98% 64% 64 93 93 93% 98 89% 89% 114% 114% 112% 112% 9% T79% 84% 84% 92% 92 87% 87 83% 83 27 26% 85% 85% 99 99 80 T9% 52% 52 65% 66% 62% 62 69% 68% 80 9% 67% 66% 8% T3% 81% 8l% 109% 109% 107 107 80 80 %% 79 92 9% 4% 4% 101% 101% 103% 103% 83% 83% 84 84 100% 100 74 7 57 56% 104 104 4% 47 48 48 50% 49% 104% 104% 114% 114 108% 100% 11% 81% 63% 101% 1% 93 48 67% 85 89%; 103% 107% 92 85 40 103% 78Ya 80% 95% 61 96% 60% 89 T4% 81% 108% 96% 423 7% 69% 46% 89% 135 60% 4% 107 98 102 9% 100% 907 109% 108% 96% 27 95% 81 8315 79% 80 85% 67% 83 65% 92 79 977 4% 56 45 29 657 9% 85% 81% 985 68 102 61% 92 83% 95 104 94% 87 96%% 85% 63% Close.. 65 88 86 87% 82, 4% 7T% 100% 80% 82% 65 87% 79% 865 82 Bklyn R T 7s ‘21 BK1RT 75 '21 ctfs BkIRT 7'21 ct sta. Canadlan North 7s. Canad North 6%, Canad Pac deb 4s. . Central Pacific 4s. Ches & Ohlo cv 53 Ches & Ocv 4iis.. Ches & O gn 414s. Chi & Alton 3%s. . Chl B&Q gn 45 '58 Chi B&Q 1st rf 5. Chi & E 11l gn bs. Chi Great West 4s. C M & Puget Sd 4s. Chi M&S P rf 4%s. Chi M&St P cv b Chi M&St P 48 "25 ChiM&S P cv 4%s, Chi M&St P 4s'34 CM&StPgn4y Chi& NW 6%s.... Chi &NW 7s Chi Rys & ChiRT& Pac rf 4s. ChiUn Sta 4%s. Chi & W Ind cn 45 CCC&StLrf 6s A Cleve Term 514s. Colo & Sou 4%s. .. CubaRRGs...... Del & Hudson 5% Den&Rio G con 4s. Erle 1st con 4s. Erle con ext 7s. Erie gen 4s. Erie conv 45 A Erle conv 43 D Gr Trunk sf deb 63 Grand Trunk 7s Gr North gen 7s Gr North gen 533. GreenB& Wdb B. Hud & Man ref 53 Hud & Man aj 61 11l Central 5%, Int Rap Tran b8 Int R Transit 7s Int & G Nor aj 6s. Kansas City S 3s. . Kan City Sou bs Louis & N un 4s Leujs & Nash 6%s. Louis & Nash 7s. .. MarketSten 5s... Mil El Ry & L 5s.. M & St L 1st rf 4s M StP & SSM 6135, MK&TIst4s.... MK&Tprin5sA. MK&T6sC.... MK & T adj 6s. Mo Pacific 6s. Mo Pacific gn 4s Montreal Tm 1st 53 New Or Term 4s. NOTex & Min 5s. N Y Centdeb 6s... NYCentribs.... New Haven d 48 57. New Haven 7s New Haven 7s fr.. Y W & Bos 41%s. orfolk & Wen 4s 15 Norfolk & W cv 65.115 Northern Pac 3s... 2 orthern Pac 4s 29 orth'n Pacri6s.. 12 orthern Pac 5s... 13 CARARADD A » e w9 e mAGOxEAG=S0nS ~ - 1 Ore-Wash 1st rf 45263 Pennsyl gen 5s. Pennsyl gen 4353, Pennsyl 6%s. Pennsyl gold 7s... Pennsyl con 433s. . Peoria & E inc 4s Pere Marq 1st bs. . Pere Mrq 1st 4s ‘56 Reading gen 4s. RIArk& L4% St L IM&S R&G 4s. StLIM& S 4s 29, StL&SFpl4sA StL&SFoprinss S:L&SFincés. StL&SF5%sD StL& S F adj 6s. . StL&SFpl6sC tLSWistds.... Scab'd A L 4s sta. Seab'd A Liref4s.. 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 65 Southern Ry gn 4s. Southern Ry 6%s. . Third Ave adj 5s. Union Pac 1st 4s. Union Pac 1st rf 4s Union Pac cv 4s Union Pac cv 6s Virginla Ry 1st Va Ry & Plst5s.. ‘Wabash 1st 58 Wabash 2d 5 3 Western Md 4s. 10 ‘Western Pacific 5s. 80% 80% ‘West Shore 1st 45.. 10 80% 80% TOTAL SALES (Par Value): 11am.. 3598000 12 noon 6108000 1p.m.. 8616000 2p.m..10 426000 854 824 65% 2 92 78 9T% 4% 56 44y 28% 654 91% 85 814 MYy 67 101% 60% 91% 831 95 103% 94 86% 9674 85%, 6314 977 4% 103% 947 87 967 85% 631 80% 80% DIVIDENDS. Stock of Pay. Record. able. Mch. 15 . 15 Apr. Apr. Apr. 18% " Sch. Adams Express Co., a. $1. Bangor Rwy. & Electrie Co., . 1% pf - Seh. Putte & Superior Mining € a, 50 cent: Canadian G Co., q. 1350 Cellufotd Co. B : Computing-Tabulating-Record- ing Co.. q, $1.50. Detroit-Cleveiand Co.. q, . Eastern’ Tex q, $: Apr. Meh. Apl. Meh, 5s s s MO Electric Apr. Apr. . 10 _Apr. 1 Mch, Mch, Meh, 4 . Men, and’” Hleotrie Co., q, 1%% Pf...........Fe Public Service Corp. of N. Aor. Apr Apr. Mch. Mch. Apr. f. Feb. 28 Coal ‘and " 0il -Mch. 10 a Mch. 15 Apr. 20 Apr. Mch. 15 Mo A fch. Mch. 15 Meb. “Mch. 10 Apr. q, $1.25Mch. 16 May 1 MADE MILL DIRECTOR. Representative Luhring Joins Bot- tomley Worsted Company. EVANSVILLE, Ind., March 2—0. R. Luhring, who retires March 4 as Rep- resentative from the first Indiana district, has been named a director of the Bottomley Worsted Mills, In New Jersey, by Thomas W. Miiler, alien property custedian, it is an- nounced here. The mills wer: T~ man-owned before the war and are now being operated under the ali property custodian. Mr. Luhring also will practice law, either in New York or Washington, it was said, Northern Pacifl : 67% [ oats, nominal, 12.00413.00. § i FINANC Grain, Produce and Live Stock WHOLESALE MARKET. Only a fair demand for meats is shown in today's market reports. The market s steady, however, with prac- tically no change in prices the past month, Florida cabbage is getting more plentiful, but increased receipts ure not large enough to affect prices Plentiful supplies ~of caulifiower from California and iceberg lettuce from Arizona, both good sellers, arc being received. Oranges and grapefruit also are be- Ing received in large quantities. They probably will be plentiful for a month or more. No change In butter prices was noted today. The egg market Was easler, however, with a drop of 2 cents a dozen. 'Dealers report that there are no cold storage eggs to be offered. Eggs—Strictly fresh, selected can- dled, per dozen, 36; average receipts, 3; Bouthern, 5. Live poultry—Roosters, per 1b., 1 turkeys, per Ib.. 25a36; spring chick- £ns, ver 1b., 33a35; keats, younsg, each, 0: fowls, each, 25, Dressed poultry —Fresh-killed spring shickens, per 1b., 35a38; hens, per 1 f‘sm_ r‘%omern. per 1b, 70]:80. = 40; keats, Ive stock—Calyes, choice, per 1 13; medjum, per Ib., 10212 b, 8a9. . Lambs, choice, per Lb. 3.00a8.00 each; live Green fruits—Apples, per bbl, 1. 90; Delicious, No. 1. per bbl., 6.00a . o California’ “oranges, per 'crate, -0026.00; Fiorida, 4.00a5.00.: Lemons, Der box, 5.00a6.00. Grapefruit, 3.00a 4.25. Tangerines, 3.50a6.00. getables—Potatoes, per bbl, N 1.5042.00; per sack, 2.00a2 N . Sweet potatoes, North 1.00a2.00; nearby, 2.50a3.00. per crate, southern, 1.00a Romaine lettuce, per crate, 1.50a Iceburs lettuce, per crate, 4.50a northern, 3.00a3.50 per rhy age. per bbl . Cabbage, 1bs.: news 0: southern, 2.50a3.50 per bas Eggplants, per crate, 2.50a5.00. Yomatoes, per box, Florida, 2.50a5.00. Beans, 4/00a5.50 per basket. Peas, 8.00a5.00 per basket. Peppers, per crate, " Florid, Kale, per barrel, 2.50a2 per barrel, 3.00a4.00. Celery, crate, Florida, 2.508 50. Brussels sprouts, 25a35. Squash. 5023.00. Florida lima’ beans, 3.50a4.50 Der basket. GRAIN AND PROVISIONS. BALTIMORE, March 2 (Special).— Potatoes—White, 100 1bs., 50a1.35; 150 1bs.. 9042.25; sweet potatoes, bbl.. 1.25 aL75; bushel, 50a60; yams, bbl, 1.60a 175; bushel.’ 50a65. ~Beans, bushel, 2:50a4.50. Beets, 100, Bru sels sprouts, a35. Cabbage, hamper, 2.2 Savoy, bushel, 1.00 al2i. Carroty basket, 50a60. Cauli- ower, crate, Celery, cra 1.75a4.00. Cucumbers, o 0800, Eggplant crate, 4.00a raddish, bushel, 3.00a4.00. Lettuce, 100 Ibs., 1. 100, 7.0049. bushel, 1.60a1.75. Peas, 4.00. Peppers, crate, 2. dishes, basket, 50a2.00. bushel, 1.00a1.25. Squash, ba a4.00. Tomatoes, crate, Turnips, basket, 40a50. Apples—Packed, bbl.. 2.50a5.00; bush- el, 50a1.25; loose, 100 Ibs., 1.50a2.01 basket, 50a76. Cranberries, bb al2.50." Grapefruit, box, 1.50a3. Oranges, box, 3.5024.25. = Strawbe ries, Tangerines, hal? strap, plants.’ Spinach, ket, 00a4.00. Selling Prices at 12:30. Wheat—No. 1 red winter, spot. no quotations red winter, spo 1.34% N ter, spot, no qu a . ter, garlick No. 3 red winter, garlicky, no tions; - March, 1.34. Sales—None. Lorn—Cob corn, per barrel; contract, spot bushel; No. 2 corn, Spot, $6%: no_quotations; track corn, 3 or better. 90’ per bushel. Sales—None. Oats—White, No. No. 3, 64 per bushei. Rye—Nearby, 85a30 per bushel; > 2 western export, spot, 93% per bushel No. 3 no quotations. [ay—Receipts, 45 tons; to ade timothy und’ light clover, mixed: - in moderate demand, at a range of 16.00 to 20.00 per ton, with no surplus of really desirable hay. Straw—No. 1, tangled rve, 16.00; No. 1 wheat, 12.00a1 new. 4.5 S41n No. vellow, No. 55 per bushel; TODAY'S CHICAGO PRICES. CHICAGO, March 2.—New upturns 78%!in the price of wheat took place to- day during the early dealings. forecast of much colder weather be- ing taken as a bullish factor Strength shown by tended also to lift the value of wheat Demand lacked force, however, and prices soon displayed a tendency to react. The opening, which varied from unchanged figures to 3% higher, with May 1.18% to 1.19 and July 1.16 to 1.16%, was followed by a slight advance all around and then by a setback to a trifle below yesterday's finish. Corn and oats made a further re- sponse to the bullish estimate which was circulated yesterday in regard to the amount of corn_ held on farms. After opening unchanged to % higher, May 73% to 73%, the corn market scored moderate general gains before beginning to sag. Oa started unchanged to 1{ high- er, May 45%, and later showed a little advance on all deliveries. Provisions were firm in line with the hog market. Open. High. s L19% 1101 1.14% Lo, 118% 115 113% By 1, 177 10.50 DAIRY PRODUCTS. BALTIMOR March 2 (Spe- clal).—Live poultry—Turkeys, pound, 25a35; old toms, 25; poor and crooked breasts, 20; young chickens, 30; poor stags and leghorns, 21a26; old hens, 25a26; small and leghorns, 22a2 old roosters, 14al15: ~duck: small and poor, 23 rough and poor, 30a36; guinea fowl, 3 Dressed _poultry—Turkeys, pound, 26a28; poor and : young chickens, 28280; old and mixed, 26a28; old roosters, 16a16; ducks, 27a32; geese, $0a26; capons, pound, 36; medium, 34 ag5; small slips, 30a3a. Eggs—Loss oft. native and nearby firsts, dozen, 35ai6; southern, 84. Butter—Creamery, fancy, pound, 53 prints. 54a56; nearby creamery, $6a49; ladles, 38a40: rolls, 37a38 Sstore packed, 37 dairy prints, 37a3s: process butter, 42a43. CHICAGO LIVE STOCK MARKET. CHICAGO, March 2 (United States bureau of agricultural economics).— Hogs—Receipts, 34,000 head: steady to 5 cents higher: bulk, 150 to 225 pound averages, 8.20a8.35; top, 8.40: Pulk, 240 to 300 pound butchers, 8.00a $.16: packing sows mostly 7.00a7.30; igs, dull; few . 7.00; heavyweight ogs, 1.00a8.15; medium, 8.0528.30; 1ight, 8.2028.40; light light, 8.00a8.35; packing sows, &mooth, ~ 7.15a7.45; acking sows, rough, 6.85a7.30; kill- hg pigs, 7.00a8.00. Cattle—Receipts, 5,000 head; slow; killing quality plain; shipping de- mand rather narrow: trade on most killing classes steady to weak: beef steers and beef heifers mostly steady %o 16 lower than Thursday's general market; top matured steers, 9.90; best yearlings, 9.00; bulk beef steers and yearlings, 8.00a9.25; stockers and feeders about steady; bulk vealers to packers, 9.00a9.50; few upward to 11.00 and above to shippers; bulk bologna bulls, 4.76a4.85; -bulk stock- ers and feeders, 6.25a7.75; plain light stockers, 5.75a6.25. Sheep—Receipts, 14,000 head: ganerally steady; bulk fat wooled lambs, 15.00 down; top to packers, 15.00; few decks good to choice native, '13.50a 14.50; early fall shorn Colorados, 3.00; extreme heavy slipped lambs, 0.60; clipped yearlings, 9.50; two double decks good fleeced lambs to shearers, 14.60; few sheep offered. crooked breasts, per | gl 11 Cuban the corn market | IAL. FORD WAY BEHIND IN FILLING ORDERS Output of 148,000 Cars for March Not Enough—Steel Plants Swamped. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, March 2.—The Ford Motor Company plans to make 148,000 cars in March, as compared with 125.« 000 in February. Ford dealers have sent in requisitions for 200,000 cars in March, and according to telegraphic reports from Detrolt today the com- pany is further behind on unfilled or- ders than at any time in its history Those facts and the trend they show in the automobile and other businesses aré having a far-reaching effect on scores of industries. Steel prices continue to move into higher territory. Mills are breaking produc- tion records, yet Pittsburgh reports they are having difficulty in meeting the Ford demand. Automobile body builders are fighting for preferenca on aluminum and glass orders. An in+ crease in wages, affecting 30.000 non- union miners and workers in induss trial plants in the Birmingham coal, iron and steel section was in cffect to+ day. \ Water Transportation Sought. Freight tonnage on the railroads i3 at a record rate with’ equipment stil cramped to handle it. AS a conse quence new boat lines are planned for | this season betw Detroit, Buffalo, I Milwaukee and Ch go. lready tomobiles are being driven over to Muskegon und shipped by b from there to west Lake Michig ports. Automol » manufacturers ex pect to start boat ehipments to alt available ports April 1. X Newport News and Norfolk, busincss rivals for years, are bidding agalnst each other for the handling of at least a part of Ford's Atlantic export business. Ford, according to business men of Norfolk. wants a site some- where on Hampton Roads for a trans- atlantic steamship terminal to fill tha European demand for his cars and tractors. Efforts to confirm reportd that e Detroit manufacturer was negotiating for the Army base at Noi~ folk have been futile. Newport News Offers Site. Tn response to the reports. however. ewport News has offered Ford a frea te on the water front, wh it is aid, he has promised to consider. Norfolk countered with another oi- fer. the terms of which have becn sedulously guarded. Ford represent- atives have been in both cities se\- eral times, dand a representati o one of the country’s gri est finar cial houses recently declared the 'l: i investigated the plant of the New - port News Shipbuilding and Drydock Company. 5 ¥ ‘With the Van Sweringens contr ling the Chesapeake and Ohio railroad. which they have linked with the ckel Plate, it is pointed out that those lines form a fairly direct rdil line to Ford factories. Reports have been current in New York and Phila- delphia that Ford interests played some part in financing the acquisi- tion of the Huntington holdings in the Chesapeake and Ohio by the Van Sweringens Increased Fruit Fleet. In anticipation of the largest fru fmporting season in its history, sur passing even the record Psr_fll»\].‘ul in 1919, the United uit Company onal steam- {ships for service or- deans -and Cent nd South Ameri- This will make a total of sels in commission in thig thirty v trade. The French line and the Holland American line have entered competi- tion for passenger and freight trafiio from American gulf ports to Europe, offering luxurious accommodations heretofore obtainable only out of At lantic ports Sugar Mills Active. sugar mills continue 1o {grind at capacity ‘gnd a very consid- {'erable proportion of the Cuban crop iremains to be marketed. The-west- lern und middle western beet sugar companies not vet sold more than 55 to 63 per cent of last ? | production. and as the grower i {by the factories on a basis of the price for sugar, a very decided ad- ivantage is accruing to the beet farm {ers from present prices and conditions. {which, however, are subject to chang as more complete information as the Cuban crop develops. (Copyright, 1923.) _— WOULD BUILD RAIL LINE TO COA_L FIELDS C. & 0. Files West Virginia Pro- posal With Interstate Com- merce Commission. A proposal to build ten miles of new line up the Gaulay river in Wesf Virginia was placed before the In= terstate Commerce Commission today by the Chesapeake and Ohio railroad. . The new line would tap areas un- derlaid with coal. FEWER FIRMS FAIL. Bradstreet’s Shows Better Business Conditions. NEW TYORK, March usiness failures during February. 1923, were 124 per cent less numerous than for i the same month in 1922, according ito stics _compil by Brad- ! street’s. uary total of fail- jures for this vear was one-fifth less {than that of last vear Liabilities of firms that failed dur- ing February were 45 per cent less than those of last vear, while the liabilities of January failures were 49 per cent less than those of the same period in 1922. Fallures during January this year totaled 2,165, with labilitles of $53 434,008. There were 1570 fallures in February, with liabilities of $36.- 461,767, LEAF TOBACCO. BALTIMORE. Md. March 2—Re- ceipts fell off for the week to 23 hogsheads, but there were also 104 hogsheads reinspected Sales totaled §9 hogseheads and the former good demand continued for practically all grades. Maryland prices per 100 pounds. in 3.0024.00; sound ferior and frosted, good _ common. co on 4.0048.00; 9.0‘31:’; g medium, 18.00a27.00; good to fine red, 28.00a50.00; fancy, 52.00% 53.00: seconds, common to medium, 4.00210.00; seconds, good to fine, 11.00 225.00; bay tobacco, fire-cured, 15.00 255.00; upper country, air cured, nom- Inal; ground leaves, new, 2.00220.00, N. BUnsound and badly mixed packages, from 1 to 3 cents lowes. STOCK IN WAREHOUSES. Maryland. Ohio. Total. Stock January 1 9,500 3025 12,6 Recelpts since Total Delivered since Stock today. This week. reviously . SEATS SELL AT $84,000. NEW YORK, March 2.—The New York Stock Exchange membership of W. Wilson Herrick, deceased, has been sold to Kenneth L. Fleming, jr.. for $94,000. Last previous sale wag $98,000. The seat of Sidney H. March hag~ been sold to Rudolf Meet for $94,00 and that of Harry Sachs has been sold to F. M. L La Branche, jr., for §93,00u,