Evening Star Newspaper, April 1, 1923, Page 25

INANCIAL. THE SUNDAY STAR. WASHINGTON D. C, BUSINESS / A[}“\m 'BOND SUMMARY FOR THE WEEK 102 NEAR TO MAXIMUM = j 108 1004, 1088, Reserve Bank Governors i Told of Great Prosperity 1" Ali Over Country. 100% 1120, 100 ENOUGH CREDIT SUPPLY i . 1021 108, e General Increase in Rediscount (101% Rate Likely—Foreign Trade - Holding Up Well. BY HARDEN COLFAN, Wothe twelve e with not be brought about by i L of the bo R is e 15 e statement issu vt 10. ny- | 96 hrakes | 10455 o s and {1000 theretore, will York. Boston what, if it t Pesery 1o it} application t Wity to Nk Doard will the directors and the rate appr vetors e § Industrial s ceenrat 1eat » s quit the situation throughout Tiealths nocontined ehiety to the easi- | 1 of the eIVOlrs o ther legiti 8 aCLvitic ite privat wies s o business within the vaid expenses Great Prosperity N the sovernors d 1and eommercial actiy ar the masinm CIUN-time capi wdvancing, and this agviculture, virtuaily business aetivity ndications for fur- cikn o ths e ng for this nE cons Business on Sane Hasis. reports placed eated w fee f cantion uarding ag indu the ric ¢ rong Speculutive manifested in only a fer markets; the rest, the meeting, ICOSPErous foregoing wilar tenor wernors, o and others fore the American wnd sou shio (Copsright, 1023 LIVE STOCK MARKETS. SALTIMORE. Md. Mareh 3 Whart receipis continue ol Jauality exttle, Quotations first qu pound il poun, o o Tair. head veal, choie 1 Ordinary to m a0 to 10 Heay o 10 Rough 7 8. Sheep. choice, Old bucks. pound, 4 to Common. | pound. 2 (o Lamb. fall, choie 1o 15 Fair 10 good. 1 13 Fnon, thin, 9 to 10 spring, thir fty pounds, pound, 2 1098 2lt pound, i 95 3: Stugs , 1 1124 101 30,00 10 pound. 11 tium, pound, | smooth, fat, po comi i quali o= to size EW YORK. March i and Tlambs hoad: steady: sheep, Sa0a5.00: Trnbs T0.00a11.00; Shoats, | and q pound, 10 to 12, 18000 culis 12.00016.00; " culls, 021 2.00. stead culls. 6,00 5.0026,00 3,050 calves, Hogs—Receipt @inm weights, 9 hogs, 8.50a9.00; roughs, —_———— WHEAT PRICES IUMP. CHICAGO, steady: me 1001 87 TN igh, 103" 100 1091; 100 mzl. !(\u Argentine Belgium Belgium Belgium Rordeau Brazil 8 1941 p ke a5ty il Chile Chile A5 Chines " High. Low. 102% 100 101 98% B 102 940 94% (C e . 994 97% x 65 1934 e 78 1 943, 99%, 100 T8 1 B0t 66 18% 91y 59% Czechosloy Denmark 1 Dutch ¥ Duteh | Netherla Ly USTRIAL Aner A Indies Indies s 1947 nes 6 19 S 1940 o Med s AND ri Che Amer Smelt & Aier Aner Amer Bell Tl Bethlche efinine deb s 143 Pa Ts 1945 Steel pom cel s f dison ther s 1 5eo 5% 193 et A M) 1St 1ot is B 1947 & Myers Wi Sugar s € Standard Oil of Calif is 1'nion B 1 Ya Atlantic g & Paper s D e V-t .un\l ta Ct RAILRO <D, Coust Line Balto & Ohio prin 15 Balto & Ohiy 1 45 194 Balto & Halto & Ohio Ohin « ito & Ohio ref i B&OT B & O So Brooklyr < Brooklyt hdtar UsLE& WV thwn div 3 1 Rap ) T \ Preific deb 1y Pacific 55 1948 B & Qu & BEastera 11 gen 5s 10 T M & A M & Mo t Western St Paul ev St 'aut gen & Northwestern ax0 BT 1o uba 1t | Delaware Railways 5s & Pucific r 885 | 70 4 . 1001 | % 101 & . ¢ Den & Rio ¢ & R it T Erle ov 4 Grand at No No Hud IHinois C i Inter Ray Inter Rap) Trunk Ts 1940 & Manhattan re B B0 4 Hudson & 187y 50'z 51 103% 10413 c 1147 . l10m rthern gen 3 X 107 105 hern gen 9T 98 218 11081 Manhattan adj 5s 1951 627 6 2| 19% entral 5 100% Jid Tran 2 id Transit cv s D Inter & G Kun C s ¢ Lehigh V Louls & Nash unified 4s 1940. ott & M s 1 “ity Southern 3s 19 ‘ity Southern ore 45 1925, Lake Shore s : 923, 4s 1931 5 58 90% alley 65 1 % 101 8 Rig 871 Louis & Nash 1st s 8o s % 101 Market S Mil Elec MStP & Mo ¥ M Mo Kun & Te Missouri Missouri N O Tex New New NV NH New Hav N Y West & folk & Western con 4 t Ry con b 93y ty & Lt 1st g . . 82 M 6lps 1931, 101t 78 2 78 adj 5s 1967 6013 Pacific 6s 1949 Pacific gen 4s 197 & Mex ine 55 1935 York Central deb 6s 1935 York Cent deb 4s 1954. . vw York C cnt ref fmp 5s 01 & H cv deb bs 194 en deb 4s 1957... Soston 4148 1946 .. 1996 orfoll: & Western cv 63 orthern + Northern rthern rthern Ore irt Line gtd Pacific 3s 194 Pacific 43 1997 Pacific ref imp 047 Pacific ret imp 5s 20 1846 . Ore Short Line ref 4s 1929...... Ore-Wash st ref 45 1961....... = Pennsylv isylv 6% Pennsylvania Pere Marquette 1st Reading gen 4s 1997.... . Itio Grande Western elt 45 1948 T ATk & L 4135 1934 . t L 1M t L& San t L, & San Fran pr In & San Fran inc 6 X St L & San Fran 5lgs B 1842 St L & San Fran adj 6s 1956 St L Seaboard + Seaboard caboard outhern outhern Southern outhern s Southern Southern nia gen 5s 1968 nia gen 4128 1965. . us 1986, s 1950, IS & G 48 1933, \prIn 4s A 1950 Air Line ref 4s 1959, Air Line adj 5s 1949 Air Line con 0s 1945. Pacific cv 4s 1929 Pacific ref 48 1955. Pacific col 4s 1949. Ry 1st s 1994 Ry gen 4s 1956 Ry dev fl.s 1956. 'APRIL 1, 1923—PART 1. FINA NEW YORK STOCK EXCHANGE Woek ending March 31, 1023, Close. Adams Express. Advance Rumley.. Advance itu Air Reduction. Rubber. Allied Chemi Aliis-Chalmers Mfg am Agriculture Ch ilture Chem pf T Beet Sugar. n Bosch Magnéto. Foundry r & Foundry, Americ E American Cotton Ofl American Cotton Oil pt Am Di Americ Am Hic International . Fire Engin American Linseed. . n Linseed pf n L Am Ship & Comm Americag Smelting American Snuff American Stecl 3 Sugar Refining ning pt Am Tobaceo Class B. Am Wiater Works & Am W W & El&e par pf. A WW & Elee Ist pf Am Writine Paper pf * Lead & S Atlantic Gulg Austin N Baltimore & Ohlo tltimore & Ohin pf arnsdall, Class A. . crnsdidl, Class B vuk Bro: chnut F'a thlcher ado Fuel & Tron oredo Sout 5 s & F fa Graphophony aphophone pf vmer Ivents, A Comput Tz rd i Cigar Consolida Consoli Consolid Continent | Products Ref Sugar pf nican Sugar -Dom Sugar Davison Chen Delaware & Hndsor Delaware, Lacka & West Dietroit me Mines 1 Pont de Nemours. 1 Kodak orage Battery Jtt-Tohnso Federal Min & Smelt pf -Phoenix Fire Insur fth Avenue Bus. Ficher Body . Fisher Body Ohio pf Fisk Rubber Fleishmann Company neral Asphalt 1eral Asphalt pf. General Cigar. « al Eleetric eneral Electric special cral Motors. ... Gieneral Motors pf eneral Motots 6 deb. sneral Motors 7% deb. . Gimbell Brothers. ... Gimbel Brothers pf. Goldwyn Pietures. ... Goadrich (B F) Company . nby Consolidated. 1y & Davis. orthern pr.......- srihern Ore ctfs. .. tern Sugar pf. Greene Cananea Copper. .. Guantanamo SUBAr....... Gulf, Mobile & Northern. . Gulf, Mobile & North pf Gulf States Steel....... Hartman Corporation Hayes Wheel ... Hendee Manufacturing, Homestake Mining Houston Oil. Hudson Motor Car. .. .. Huppomobile Motor Car. Hydraulic Steel. .. 1llinois Central Indiahoma Refining. Inspiration Copper.. Interboro Rypid Transit Tuter Agricultural pf. Tnternational Cement. Internat Comb Engine. International Har, new . .. Inter Merchant Mraine. Int Merchant Marine pf... International Nickel. International Paper. .. Intern . Intertype Corporation. ... Invineible Oil. Iron Praduc Jewel Tex Jewell Tea pf Jones Bros Tea Jones & Laugh pf. .. Kansas City Southern..... Kansas City South pf..... Kayser (Julius) & Co. Kelly Springfield Tire. WEEK ENDED MARCH 31. 192 Low, 72 17 477 /1 79 100t 961 11154 110 1041 331, Net. Chge. 8% ~ Div. High, Low. Rate 21% 18% — Loew’s. Incorporuted 118 Laofi, porated 6314 Luoose-Wiles Biscuit 15. Louisville & Nashyilie 20 Melntyre Porcelain M. Muck Trueks. ... Mack Trucks 1st pf. Miey (It H) & Comps Manhattan Elec Manhattan Elevz Manhattan Shirt Market Street Railway. Market St Railway prpf Market St Railway 2d pt Marland Oil & Refining Martin-Parry Mathicson Alkall ell Motor, Class A 1 Motor. Class | partment Stores. @ Petrolent an Seaboard Mexican Seabourd etfs nper apolis & StLnew SUPanl & S8 M 1001 St Paul & 5 M pf 17 Mo, K & 451s Mo, K & T pf wi 1 Missouri Pacific Missouri Pacific 5 Montuna Power Mantgomery Ward. Moon Motors. Mother Lode € Mullins Body Nash Motars Al At i B salition & Suit il & StnDE N H & Hart tario & W Vesters W)W Orphe Otis Blevator ti thwestern pf 1 Air Line hoird Air Line Seneca Coppe Shattuel Ariz Shetl Trad & Shell Union Of1 mipa f Sulphur Pacifie. 1 Roller Bear o Produets Class A inental Oil pid Transit ion Bag & Paper ion Pac n I’a Union Tank United Alloy United Dru United 1 United Railway Tnvest United Rwy Invest pf United il Stores 1P & Foundry. ni tates Food Prod S Hoffman Machin s ial Alcohol. ited Stat SR&Imppf...... “nited States Rubbe IS Rubber 1st pf SSmelt R& M. . S Smelt R & M pf United States Steel Ttah Securitie Vanadium Corporation. . Van Raalte.......... Virginia-Carolina Chem . Va- ina Chem Va-Car Chemical pf. Y Vivaudou. ....... Wabash 2 Wabash pf A. . Waldorf Svstem....... Weber & Heibroner. . Wells-Fargo < Western Maryland. Western M and 2(] p Western Pacific. Western Pacific Western Enion Tflflz inghouse Air Prdke West'ghouse Elec & Mg Whealing & Lake Erie. Wheeling & Lake E p(“ . White E: White M wire Steel Wilson & Co. .. 48% 10% 50t 27 2% 36 n issued n issued SR & Imp. .. Week eading March 31 High. . Low. 190% 1024, Close. 191 1001 14 10 WEEK SEES HALT IN' SPECULATION | Fear of Higher Money Causes Greater Caution—Railroad Stocks Still Sluggish. {DROP IN GOLD RESERVE Advancing Tendency in Wages One of Most Vital Issues on Business Horizon | i Reserve Hoard. & Perhips fieunt devele could y Ked amount ding as v employers of labor | hopeful feature consery tion with -~ w practically merchints and i turers are o «l earnings during Feliry tively Pro tnvestors uiate v 1t o | tore Tikely Y for tiv redicted bull marker in the materd o fear of miy this we b 2 me they which net earnines exceed 6 per cent on valug n and that half thal amount must he ned over It is hard thusiasn paratic do ne There mobild posed N the priee companies a Rut if the railre < there an_ i wor rates and if they s it is aseribed to | management. Under the cireu is it surprising 1o one speculate in rail ks? ad stocks (Copyright, 192 MORE WAGES INCREASED. NEWCASTLE, Lehigh Portland 0 inced ppro Iy 10 800 workers here. seale effective | public | outery for 1 affectin ised gwaee Apri as not m Mareh ~An femployes nnounced the ledo biiidin: Compan s increuse | 1o Mureh 26, | WEEKLY BANK REPORT. NEW YORK, Marc ~The week clearing house statement showed - Of $x141 ns, dis 000 i s in the federal re 454,000 in net demand sunts | resery 5 & ma 4 564 Third Ave adj 5s 1960. . & chiefly c 6 8814 Union Pacific 1st 4x 1947 Rixity xeemrling e oD 941 Union Pacific ev Closing quotations were 1 % Virginian Ry 1s Aoy ol PRI 5 Western Maryland 4s 1 R B 7 80 Western Pucific 55 1946. va-36 declipe, West Shore 1st 4s 2361, . Kedly Spring Tirepf..... 10 61y Kelsey Wheel........ 495 421, Kennecott Copper. ... 223 2241, 19914 Kevstone Tire & Rubber.. 40U 30% Kresge (S S) Company . 1 Selling ex-dividend. Lee Rubber & Tire. g i ndrates as given in the table are the + Lehigh Valley 3 6 s ed [on the Jatest quarierly or half yearly Lima LOCOmOLIVe, «ansssss lgtherwise noted, extra or specjal dividens arg not included, Willys-Overland Willys-Overland pf. Waolworth (F W). .. leaving Worthington Pump. .. 00, a deer eXCess 5,960 under bove annual arations. | ilartly exwa, cash