Evening Star Newspaper, April 18, 1923, Page 25

FINANCIAL. URTHER AGVANGE IN STOCK MARKET Broad Buying Movement Takes in Many New Stocks in Today’s Trading. BY MTUART P, WEST. Special Dispa‘ich to The Biar. v YOMK, Avril 18 The upward movement, was resumed in the market today with & larger number of stocks participating Oil shayes appeared to have got over the shoak occasioned by the price cutting of a week ago. and there were sharp Tallies in stocks like Marland and Uhillips Petroleum, which had suf- fered the most during the recent de- cline. Sugar Stocks Aective. Sfgar stocks were taken up follow- & developments in the sugar trade, luding a further advance in refined igar prices and the continuance of bort husiness th raw sugar The largest trad- p-American and mericun Sugar Sugar appeared ng was I Cu Punta Alegre, but and Americ h: more prominentl Du Pont stock had another re- narkable jump, completing a rise of 25 points within the past week. This ascribed wholly to the prospects which this company has of getting larger revenue out of its General Mo- tors holdings. General _Motors itself aan into offerings at 171y that were heavy enough to chack the advance. Tire Shares Popular. The statement by the president of T'nited es Rubber that the tire business had been exceptional zood during the first quarter and that the demand for mechanical goods had 2150 increased caused fresh buying in United States Rubber and Springfield. The pool in Hayes Wheel Succeeded in putting its specialty te 4 new high. Auto Knitter continued 1o discount a dividend declaration, which, it is said, will be at the rate ©of 33 hefore the end of the month. Stesl shares, especially the s0- called independents, attracted buying on the strength of the anticipated fa. Vorable earnings-resujgs for the first quarter. which are due at any time now. Among the ralls Canadian Pa- cific’ made another new high. Market Broudens Out The time has passed for aseribing the movement to a mere retreat of an over-extended short interest It has amply justified the statement made repeatcdly since the first of the month that the decline in the last fortnight of March corrected the ex- cesses of th winter's speculative campaign and gave opportunity for vools and strong flnancial interests 1o buy ¢k the great many stacks which were distributed during the excited advance of five and six weeks ago. The buying nioderate in standard of March., Neverti t is movenent comparison with February and > RNy less, It was broaWen- arge number The criticism t have - made that the was being confined to stocks cusily manipulated by cliques Industrials, in which there is a per- fectly nmatural market. were quite as prominent as the so-ealled special- ties. today o TraMc Reports Awalted Railway shares. in which there is very littie pool activity, were coming fn for more attention Quite possibly the revival of the a day or twe the railway section i~ due to the anticipation of a bet t series of March traffic statements than those of the previous month, but it is well to bear in mind that the severe weather conditions which were reflected in the February returns ex- tended over a part of March, and, therefore, too much must not be look- ed for in the way of net earning in cremses. The real test of the rail Way position will come with the April rtatements. Then it will be seen ex- actly how far the extraordinary volume of tonnage now being han- dled is beinz converted into actual net profits. Ralls Feature Trading. ‘Phe feature of the afternoon on the stock exchange was the railway list, which for the first time in a long while more than divided interest with | the industrials. Undoubtedly the ten- point rise in Canadian Pacific since the outset of the week had a stimu- lating effect upon other rail stocks, although ix well understood that the Canadian road. with its valuable tand 1 nd f from the threat of h islation, is in a very dif- ferent class from the American com- panics, Copyright, 19: VIOLENT DECLINE IN GERMAN MARKS Indications That Government at Berlin Has Suddenly With- drawn Support. By the Associated Press. NEW YORK. Aprl 1$.—German marks which had been pegged by the German government at .0043 cents for two months, despite a tremendous increase in note circulation. broke to .0033 cents in today's early trad- ing. one of the most violent reactions in recent months. Loeal exchange dealers were unahle to explain the sudden drop but said that it prob- ably indicated the withdrawal of sovernment support. Over night Berlin dispatches, liow- ever. reported that the relchsbank had shipped an additional 135.000.000 gold marks to the Bank of England. making a total of 300.000.000 marks deposited there in connection with the government policy to peg the mark during the Rubr struggle. Recent cable reports received here told of certain industrialists in Ger- many ing wages in kind, while merchardise Various kinds was used as a medi®in of payment in real estate transactions. In Hanover and Westphalia a quintal of coal has been used as a currency ugit. while Old- enburg and Mecklenburg-Schwerin have lssued bonds reckoned in bar- Tey. Other foreign exchange rates show- ed little change today. Demand ster- ling held steady, just under 4.85%. and French francs opened 3 points Tower, at 6.52 cents. Berlin cable dispatches that on April 10 Germany's floating debt amounted to 7,200,009,090,000 warks, an increase of '602,000,000,000 srarks in the fiest ten days of the month. WALL STREET NOTES. pecial Dispatch 10 The Star. NEW YORK, April 18.—The net in- come of White Eagle Ol for the first quarter was $780,069, as compared with $468,718 for the same period last year. * Regular quarterly dividends: Kel- logg Switchboard Company and Pa- cific Gas and Electric fompany. New York bank clearings, $722,000.- 000. New York bank balances, $79,000.000. New York Federal Re- serve Bank credits, $63.000,000. Bos- ton bank clearings, $15.000.000. Buying of Mack Trucks was reported re- sumed today, following ten days of | comparative inactiv in this stock. The renewal of interest now appears to be in anticipation of the highly fa- vorable first quarter report which will be published in May. 1t is be- Jieved that a dividend increase in w6 form is in prospect. Kelly | speculative | ol | NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Ofice” Tase. T 16 70 Open. High. Low. CI 75 3 B 16 16 16 70 0% 70 " Wh 14 1% 11 Taa A% 57 21 4874 46% Hennecott. . Keyatone Tire Kinney G R. . Kresge (S6) pf.. Lehigh Valley. . Lima Locomo. .. Loews In¢. Loft Ine. Logse-Wile: j Loosee-Wil Ist.. Louis & Nash, Mack Trucks Mack Trucks ist 13 | Mack Truck 2d. 3 ckay Cos pf.. 2% | Macy Cor v Magma Copper. . Mallison & Co Manati Sugar. .. Manhattan Blev. Man Eliny guar. Marland Oil.. Martin-Parry. ., JMathison Alkl. Maxwell (A). Maxwell (B). ... May Dp Stores. . Mex Seaboard Mex Sbd ct! 5 Miami Copper-. .. Middle 8t Ofl. . .. Midvale Steel. .. Minn & Bt L (n). Min St P&S S M. M SR&SSM pt. ., Mo, K & T (old). MoK & T (new). MEK&T pf clA (n) 5 " | Mo Pacific....... %0 | 3o Pacifc pf, 1% | Montana Pow 91 | Montg'y W'ra age; | Moon Motors. 1057 | Mother Lode 16 | Nash Motors. ... 4918 | Nash Motors pf. 424 | Natl Acme. ., ... 18 | Nat Blscuit wi.. at Cloak&Spt. . Xat Conduit Nat] Dept Stores Nat! Ename}. Nat] Lead. .. Nevada Copper. N Or Tex&Mex, NY AlrBrake.. NY Afr Bri(A). N Y Central..... NY C&EL 2 ctfs. NYNH&Hartfd.. Norfolk South. , Xorf & West. North Amer. North Am pf. North Pacif} Nov Scot Steel. . OL1ahom Prod. . Ornheum Cir. tis Elev pf Otis Steel. . .. Owens Bottle. Pacific Develop. Paciflc Oil. ..... Packard Motor. Pan-Am Pete. Pan-Am P (B)." Panhandle. i Peun Cogl & C'ke Penn Seabd Stl | Pennsvivania .| People’s Gas. ... | Pere Marquette. Pere Margpf. .. Thitadelnphia Co. hilip Morris. Phillips Pete. | Plerce-Arrow. Pierce-Ar pf. Pierce-Ar pri Piegeea Oil.. i1 | Pierce@il pr. 722 | bitra Chal 2% | Pitts & W Va... ga% | Pitts&W Va pt.. S . | Postum Cereal. . 23 | Produc & Ret. . 1356 | Pub Serv (new). 2% | PubServ pt. 43 PullmanCo.. . 1274 115y | Bunta Alegre... 67 PureOil..... 27 848, 3 4% | Riway st Sp.. 118 8114 | Ry Stl Spr pf. 2 | Rap Tr Sec w.i.. > | RapTr Secpf wi 24 | Ray Con Cop. 271 | Reading. . 771, | Reading 1st pf.. 9613 | Reading 2d pf 29 | Remington 1123 | Replogle Steel. 1% | Rep Ir & Steel .. 78% | Rep Ir &&tl pf. . 15% | Reynolds Spr.. 78 | Rey Tobdc (B).. 667 | Royal Dutch. St Joseph Lead.. t L&San Sran.. St L&San Srpf .. StL Southwn.... St L South pf. San Cecll Sug. .. Savage Arms. .. Seaboard Adr L. Seab’d A L. .. Sears Roebuck . | Sepeca Copper. . Shattuck-Ariz. . Shell Undon. ..., Shell Unfon pf.. Simmons: Simms Jetrel Sinclaiy Ofl. Sinclagr pf. SkellyOfl. . SlosevShefeld. . Slosy-Bhefr pf. .. So Horto Sugar. Soufh Pacific. .. Soythern Rwy.. Sowthern Ry pf. Spfcer Mg Co. icer Mfg pt St Oflvot Callt p.OfICalif rts.. 8% tand Ofl of NJ.. 301 t Oil of N J pt.. 116% Steel&Tube pt.. 96% Sterling Prod... 62 Stew't-Warner.. 124 Stromb'g Carb.. $6% Studebaker..... 124 Submar’e Boi 144 Supertor Oil % Teng Copper. i1 Tex Company... 49 Tex Gf Sulphur, 63 Tex & Pacific... 264 Tex&PCOll... 18 This venue 15 Tidd Water Oil.. 126% Tmken Bear... 42% Tobacco Prod... b8% Tobac Prod A... 83% Trans Cont Oil.. 10% Transue&Will.. 34 TwinCRTran.. 65 3% UnionBag & P. Union Pacific... 188% Union Pacpf.... 3% Un Alloy Steel.. 37 “| Unitea Drug. 9% United Fruit. 1734 United RyInv... 14% Utd Ry Invpf... 42 Utd Retall Strs.. 83% 19% | USCastIrP. 30 87%| U S Hoffman M.. 19 64 |USIndusAlco.. 68% 28% | U S Realty. 102% 27 U8 Realty pf... 106% 3% | U S Rubber.. 62 U8 Rub ... 108 U SSmelt&Ref.. 36 USSmelt&R pf. 44% U 8 Steel... 1084 734 | U 8 Bteel pf. 1190 18%; | Utah Copper. 0% 40% | Utah Securities. 1915 26% | Vanadium Cop.. 40% 90% | va-Car Chem 15% 9% [ Va-CChem pf... 46% Vivadou. 2214 10 32 Wabash. @ Adams Express. Adv Rumleys. .. Air Reduction, . 40% 9% 40% 1% 5% 2% 18% 8% 9 M 40% 40% 1% 1% 86% ©€5% 8% 2% 8% 85 63 108 pLILY 92% 96 88 €6% 6R% 86% m . Allis Chalmers. Am Agr Chem. Am Beet Sugar. Am Bosch. ! 4m Can. 1'am Can'pf. | Am Chain A { Am Chicle Go { Am Chicle Pr. . { Am Cotton ©il. . j Am Cot 0Oil pt. Am Express.. .. AmH & Leath. . |AmH & Lea p! 1 AmYee. . |amtcepr.. .. Am Internat'l, Am La Franc Am Linseed. .. Am Linseed pf.. Am Locomo Am Metals. Am Radlator. {am Roll Mil pf. { Am Safe Razor.. Am 8hip&Com. . M Smelting. . Am Smelt pf. Am Steel Fdy | Am Sugar. Am Sumatra. . Am Tel & Talg. Am Tobacco. . .. | Am Tobac (B).. Am Tob pf (n).. Am Water W Am WWE6% nt. Am WWET% pf. Am Woolen | Am Woolen pf.. ‘Al“ Zinc&Lead + Anaconda. . . Ann Arbor pf Arnold Co Atchison. . Atchison pf... Atlan Bir&Atl. . Atlan Cst Line. Atlantic Fruit. . Atl Fruit ctfs Atlantic Gulf. .. Atl Gult pf. Atlas Powder. Austin Nichols Austin Nich pf. Auto Knitter Baldwin Loco. Balto&Ohio pf. Ralto & Chio Bang&Arnst'k. Barnesd#ll (A). Barnesdall (B). Barnet Leap?... ! Reechnut Pack i Beth Steel | Booth Fish. . | Bilyn Edison. .. Bklyn Rap Trn. JBkiyn RT ctfs, i Brown Shoe {Bklyn UnGas. .. j Brunswk Term. Burns Bros (A). | Bush Term pf. Buytte Copper. | Butte & Super } Cagdo Oil. [ Calit Pack.. | Calit Potrol ca 277 43y Bl 974 109 24 .53 108 1444 | . 106 854 80% 12% 82% B3 i 1385 | b1 87% oT% 8 16 64 100 40% 81% 317 1238 136% 4% b2% 87 86 119 B82's B804 103 96 293 65% 51% 204 1% 22 82 13% 34 7% 297 56is 84 61 o1 347 7% 244 95 824 Wabash pf (&) ‘Waldort Sys. Wolls-Fr Exp. ‘West Penn Co West Tlec Df.. ‘Western Md. | Western Md 2d 2114} Weat Pacific. 59% | West Pac pf. 1% | Western Union. 2213 | West Afr Brk 39% | Westhse BI&M 601 | Wheeling&L B 104% | Whee! & LE pi ? s nad'n Pac | Central Leath. . }Century Rib Mills Chandler Mot. | Chesap & Oni { Chi & Alton p ! Chi & East 111 Chi Great W pf Chi Mil & St P. Chi & Northwn Chi & Nwn pt {ChIR1&Pac 1Cni RT &P6ept Chi StPM&Om. Chile Copper ‘Coca-Cola. | Cocoa-Cola pf. | Columbia Ga. i Columb'a Qrap Conley T Foil. Cons Cigar pf. Cons Textile. . Cont Can Corn Products. Cosden & Co. i Crucible St pf. } Cuban-Am Su €ub Cane Sug !Cuba Cane S pf.. Deere Co pf. . | Del & Hudson. .. Dome Mines. ... DuSS&Altpf Dupont deb. . Eastman Kod | Elk Horn Coal. . Kndleott-John. . Er D! Erie 2d pf. Famous Play. .. Famous Play pf { Fit Av Bus wi. ! Fisher B of O pf. | Fleishman. | Freeport Texas. . ien Asphalit. 481 | Gon Baking 78 | Gen Blectric. . . 181 {Gen Elecspl wi. 114 Gen Mot 6% deb. 893 Gen Mot 7% Geb. 104% Gimbel Bros pt.. 99 Glidden . 10l | Goodrich. 38% Goodrich pf. 904 Granby Consel.. 30% Gt Northern pf.. T4 { Gt West Supf... 105% |Greene-Canan.. 29 Gulf St Steel. 99% Hayes Wheel 40% Househ'd Pro 38 Houston Oil. 63% Hugp Motors 27 Hyaraulic $tI 3 Indian Refining. 7% Inland Steel wi. 46%, { Inspiration 37 ! Interb Rap Tr. In Combust E. Int'‘Harvester. Int M Marine pf. Tut Nicke! | Intl Paper { Int §hoe Invincible O1l.. | 1ron Productsy .. Jewsl Tea Jones Tea ase (J 1) pt. | Cerro de Pasco Chi & Alton Chi & E Il pf Chi Mil&StP p? i Chi Pneu Tool.. 1 Chi RI&P 7% pt. | Chino Copper i Colo Fuel. . Comp Tabulat.. | Con Gas new Continental Mo . ! €rucible Stegt. Cub Am Sug pf. i Cuban Dom’can. D Lack & Wstn. Dupont (E ) | Elec Stor Bat Eriy Exchange Buff. Fd Mines&S pt.. ! Fisk Rubber. Gen Am Tk Car. | Gen Cigar 8 { Gen Motors. . 17% | Gimbel Bros.... 45 { Golawin Corp. 6k 1 Goody prpf wi., 96% { Great Nor Ore... 31% {GuantangSu.... 10% Hendee Mfg 19% { Hudson Motors. 29 Titnois Cential. 113% { Intand Stl pf w 1. 165 Int Cement. Int Mer Marine. Int Nickel pt. { Intertype Corps. | Isiana oit | Kansas & ¢ 574 112% U 88 e 18% 602 1% 228 393 61% 04% 22 39% 59% 104% Tire. . - oo Kotsey Wial pr.. 104% 1 For Revised Close of Steck Market sce 5:30 Edition of The Evening Star. Opes, Wigh. Low. Clese. 10% 40% 404 | 5% 72% 8 66 68% 2674 6 1% 19 “ 56 3 BOND QUOTATION SLIGHTLY HIGHER 11| French Issues Hold Their Gains—Sugars Higher. Liberties Off. BY GEORGE T. HUGHES. Special Dispatch to The Star, XEW YORK, April 18.—Bond guo- tations in general were slig! er today, although feeling was ! more optimistic as to the long-range outlook than before. There was no important the money market. short-term securities contin United States Governme; htly high- no change in Inquiry for good ued. nt bonds 585 | Were mostly lower, perhaps reflecting 194 74 1% 11 381 98 9 148 | 40% 17 3% 87 the belief that the Secreta Treasury will be obliged ry of the to pay a a4 higher rate on any obligations offer in connection with mesting the ma- 1681 turity next ronth of the victory 4% per cent notes. All the foreign issues we: firm 2nd in wome instances strong. French 7% |bonds held around vesterday's level. 7i% | It was pointed out today that where & foreign bond was dealt | the London und New Yor! n both in market the London price was invariably high- er. Japanese issues were the strongest among bonds today. the City of Tok ing 4 new high for the year. Among the high-grade Uo: the relatively foreign io b8 mak- nds to ex- 24% | hibit strength today were American 284 1% i 109% 98, Telephone and Telegraph trust 53, West Shore 4x, w up a point and _three Northern Pacific “D" s, Bur| and Central Pacific 4s. collateral ¥ -quar fingt Missouri 14% | Pacific issues also gained. notwith- 423 96 1% | the strength in the sugar market, 40 70 27l 17 28% 2% 64 * 4074 | Davis todav. “there has been much |ppyu methods of food | Bkly, 52 831 | 4B | inothing but nure stangin As'was to have been expe sugar bonds were higher, nc Punta sugar the current poor earnings. cted from the stably the legre is and the Eastern FQOD INSPECTION METHODS ADV Chemist Explains Ne of Handling Eggs—| ANCE w Way Notes “of Business World. BY J. C. ROYWL Spec.al Disputc 1o ‘The Star NEW YORK. April 18 —H vou like to be rigid inspection of 30.000.00 year? That is a part of the has fallen to Dr. Clarke chief cher t of the Natio Company. He is the doctor scribes all ingredie into the cookies and crac sumed by miilions of people out the United States every “In the last five years, advancemer. preraration in Many people responsible ow would for the 10 egas a job which Davis, al Biscuit who pre- | ts that go Kers through- vear. said con- Dr. have an idea that gelatin is not high in food value. That is not the case “Pure gelatine is exceptio in nutritive value. nallv hizh It took us five | years to produce gelatine that would contain the most nourishing elements and that would be free deleterious substances so found in this product. The bout 600,000 atine a rear. like mare ecoki arshm wat the best of gelatine “Peculiarly enough. since from the common comban pounds of | Duguesne Lt 7348, People have come to ! Duquesne Light 6s - coating on sweet | E Cuba Sug 7%s. . low contains | Empire F&G 7i8. sugar and | pick Rubber $s... war-time 267 | there has been an unceasing demand | 1 84 6% 2014 5% 3th 204 25% 464 34 61 3% 27% i 134 | €6i4 10 9 17% 92 82 131% 84%, 7% 80% 67 84 24% 34 39% 116k 961 61% 121% 8814 1231 14% % 11% [gparkler and Specialty Company for sw ers, sugar w bakers’ products generally. sume in our plants about’ th of pure chocolate a day. to ing of the great amount flavoring extracts and mola: “We found b. tion that eggs placed in col deterforated despite the m scientific care given them. come this deterioration, and have an absolutely fresh eggs at all times, we de bacte he eggs and freezing them cally after they are taken freshly broken xhells “Constantly we are called supervice. classify and me specification flour parts of the country. housewife does not know runs in two grades, hard u 1 Experiments and tests show most lucious of gingerbreac from soft flour and that T makes the best soda biscu ucts of that character.” $20,000,000 Project D NEW ORLEANS. Lz This city is preparing opening of the inner harb ing Lake Ponchartrain Misstssippl - river, which place May 6. The pro $20,000,000 “and_is materially to the foreign handled through this port. New Sugar Refining F NORFOLK, Va. April 18. Sugar Refinery Company organized with $3,500,000 stock and 8,500 shares cor and will build a lai ¥irewerks Business B ELKTON, Md. April 18 T sold out in its fireworks y produced The aver: April expected afers and We con- hirty tons say noth- of sugar, sses.” scientific investiga-'J d storage ost exact To over- 1 80 as to supply_ of veioped a riological process of sterilizing automat- from the d upon to asure for in_all that flour and soft. | that the 1 is made hard flour s and prod- ‘ ome. 15.— he formal or, connect- | with the will take | Producers & Rf §s. ject cost to add commerce rm. Yorfoll been efcrred e refinery here. ooms. v or production 63% { o everything it can manufacture up 27% 18% 16% 127 <K 587! [ to July. 3 in the company’s history. It will be the bigges year Musie Roll Pjant Planned.’ BALTIMORE. April 15, player music rolls will be tured here in a $200,000 pl established by the Acme M . — Piano- manufac- ant to be fusic Roll 10% { Corporation. organized with James S. 65 8% 142 3% 87 81% 17 16% ! Stevenson as president. Bl!CKLE\'. W. ¥a. George L. Miller of Beckl, ton W. Robertson and F Crawford of Washington, I plans for mining several acres of coal land in Fa Raleigh counties. They h tered the Chippewa New F A Push Coal Mining Plans. pril 18— ¢ and Hil rancis A. ). C., have hundred vette and ave char- River Coal 837 | Corporation, with §1,000,000 capital. —_——————— LIVERPOOL COTTON. LIVERPOOL, April 18.—Cotton spot 1 6,600 7 19% | 40% 16% 46%0 228 10 3214 4’ b3 44r ! increased demand Good middling, 15. 15.65; middling, 15 15.30; good ordinary, 14. 14.50. Sales, 10,000 bales, American. fully 3 April, 1 , 14.63; October, 1 14.91; Jul March, 12.89. uary, 13.0 prices Receipt: i bales, including 2,800 American. 11935 | tures closed quiet. steady. middling, middling, ordinary, including 00 Fu- May, Jan- 4. 3 27% b7 3% 10% 35 27% b7 3% 11 35 81 8% White Eag Oil ‘White Motor ‘White Oil Wickwire ‘Wilson Co. Wilson & Co pf.. willys-Overld. . Will's-Overl pt. % 111% | Wisconsin Cent. Woolworth Wright Aer : Youngstn Tube. Call Mone: HOURLY SALES OF STI 353600 12m.... .. 716800 2p.m 2% 67 3% 10% 85 81 ™ 66'a 661 33% 34 218% 214 9% 10 K T Low. last. 5 5 ‘OCKS. .+ 811 606 878900 87 11 35 81 T 27% 3% D. C, WEDNESDAY, APRIL 18, 192 [erxev vorx BONDS o sxeawr] Received by Private Wire Direct to The Star Office. ' For Revised Close of Bond Market see 5:30 Edition of The Evening Star. | (Bales are in $1,000.) UNITED STATES BONDS. (Fractions represent thirty - seconds. Example: 101-1 means 1011-32) Sules. Bigh. Low, Clow. Lib 3%s......1406 101-4 101-2 101-3 Lib1st-2d4% 1 97-18 97-18 97-18 Lib Ist4)s... 69 97-22 97-17 97-19 Lib2d4%s... 683 97-21 97-16 97-18 Lib3d 4%s... 433 98-5 97-31 Lib4th 4is.. 461 97-25 97-20 Victory % 11 100~ 100 US4%s1962. 220 99-4 99 FOREIGN. RAILROAD:! ‘Bales, High B6% 79 79 81'% 96 77 1007 80 82 3% 94% 753 7B 92 913, 87% 87% 5 114% 112% 7813 85 8% 88 84 51% 27% 8574 99 79 50, €0%% 6715 827 €6'3 BO'% 108% 817 8'z 88%. 7203 Close. 86% 8% | 8% 84% | Low. 86 78% 8% 813 95'3 6% Atchison gen 4s Atchlson adj 4s. .. Atlantic C Lcl 4s. Atlantic C L 4133 B&Oprin3ys. B & O gold 4 B&O6s. B&Oecv4 B & O ref 5: B&O PLE&WV 45. B & O 8W div 3 BXlyn R T bs. . BKIyn R T is ctfs. Bklvn R T 7s°21. BkIRT let... BKI RT 7= 2] ct st. Buff R&Pitt 434 Canadian North Canad North 613=. Canad Pac deb 4s.. Central Pacific 4s. Ches & Ohio cv 5. Ches & Ocv 4158. . Ches & O gn 4135 Chi & Alton Chi & Alton 3 : Chi B&Q gn 4x'58. Chi B&Q Ist rf 5s. Chi & E 11l gn 5. . Chl Great West 4s. Chi M&S Pre 41, Chi M&SE P v 5u Chi M&St P 43°25. Chi M&SPov4ls CM&StPgn41ss Chi& N'W 6135 ChlRys 5. .. > ChiR1& Pacrf 4s Chi Un Sta 4149, Chi& W Ind cn 4x. CCC&SLLrf 6s A Cleve Term 51 Colo & Sou 4158 jCuba RR 71,5 Cuba R R 8. 957 76% 1007 Argentin Belgium 714s Belgium 6s Belgium 8 870 § 1145 s 1125 . W 8% Bordeaux 6s Brazil 7 Brazi] Brozil 7%s.. . ... 3 Canada 551926.... 12 Canada 5153 1929, Canada b8 1931, Canada 5% 1952 Chile 831946 Chile 851925 Chile 351941 . Chinexe Gov Ry bs Christiania Ss. Copenhagen 5 Cuba 5148w i Czachoslovakia $s. 83 Denmark 8 i Denmark 8s...... 22 Dutch East I 6s'47 16 Dutch East T 68 '62 24 French Govt §s... 37 French Govt Ti3s. 71 Haiti6sctfs...... 2 Holland-Amer 6s. 43 Japa: e 1at 4128, BY Japa e 2d 413 Japanese 4s. .. | Jergen UM 6s'47. Lyons 6s...... Marseilles 6s. . Mexieo bs..., . i dexico bs 1 Mexico 4s. i3fontevideo 75 INetherlands 6s orway s iNorway 6s. .. i Paris-Ly’s-3led 65 10 {Prague 71a. | Queensiana 7s. . Queensland 6s. ... | Rio de Jan 851345 Rio de Jan 8s 1947, Rio Gr Do Sul 8s. . 810 Paulo,City. Sao Paulo,State,Sa. isnno, Dept of. Serbs Crotes Slo | Boissona 6s. .. eden 6s.... .. .. iss Confed $s. . 5%.. i 84 | B1% o s 99 794 | o 78% | ! 88t | i soiy | 00%, | ie 1st con 43 ie con ext 7s iegen 4s. .. onv 4s A ony 4 D Trunk s¢ dh 68 nd Trunk 7s North gen Sorth ge Hud & Man ref Man aj ; N Central 5 Int Rap Tra; a9 805 | 56% | 100% | 69 hore 4< 31, land rf 4. 6 <28 i Ud Kingm 51 61 117d Kingm 3 6 {1d Steam Copen 6s 19 1§ ay 8s.... 10 10: MISCELLANEOUS. i Ajax Rubber §s 3 68 o8 Am Agr Chem Tl.g 1017, 101% ! Am Cotton 0il 5« 66 654 {Am Smit&R 1st is 89’ Market Sten 5s. .. M & StListrf4s M StP & €3V 61« MStP & Len ds MK & Tistds MK&TprinssA MK&T4E MK&T6sC. .. MK &Tadjos. . Mo 'acific 6s. Mo Pacific gn 4s. Montr! Tm 1st 53 New Or Term 4s. .. NOTex & Minss. N Y Cent deb fs { Y Cent deb 4s N Y Centriss.... New Haven c d 6s. New Haven New Haven N Y State Ry 415 NY W & Bos 41,8, Norfolk & W cn 4s Norfolk & W cv 6s Northern Pac ds.. Northn Pacri 6s.. Northern Pac is Northrn Pe 3s ret. O Short Len 58 °46. Ore-Wash 1st rf 43 Pennsyl gen 5 Pennsyl gen 413s Pennsyl 6% Pennsyl gold Pere Mrq 1st 4s Pere Marq st 5 Rapid Tran 6s w Reading gen 4s... RIArk & Ldigs. . St L 1IM&S R&G 48 SILIM&S 4s ", 39 &Tel {Am T & Teltr ts | Anaconda cv ab 7s | Anaconda 1st 6s Armour & Co 4145 2 Atlantic Refin 55 Barnsdall s 3. Bell Tel Pa 58 rets. Beth Steel rf is Beth Steel s £ 6 Brier H St 18t | Bush T Blde 5 | Central Leather 53 Cerro de Pasco 8s. Chile Copper 6 Chile Copper 7s CinG & B 513962, | Con Coal Ma 15t 58 {Cuba Cane cv d 8s. | Det Eaison ref 6s. . Du Pontde N 713s. - SN T Nt 2885 RawllanlRueuwiae 1360 = i Gen Elec deb 5s. | Goodrich 6125 Coodyear 85 1931. Goodyear 85 1941 Humble OZR 518, Int Mer Marine 63 Int Paper 1ut 5n B jus Kayser 7s. . Kelly-Spring 8s Lackawa 8 5¢ '50 {Lorillard (" & | Loritlard () Manati Sug sf Marland Oi1 7 ts. . Marland Oil 85w Mexican Petrol &s, o 1Midvale Steel 5s. .. { Montana Power 55 Morris&Co 1st 4 New Eng Tel o= \ Y Edsn 1st 6 G EL H&D 45. . \YG EL H&P 35 ern Ry gn 4s Southern Ry 2 Third Ave ref 4s. . Third Ave adj 5 P 2383 unmane | nia Ry 1st 3s. Wabash 1st i Western Ma 4. Western P'acific West Shore 1st 4 Whel &LE rf 41,5, Wheel & L E cn 4s. Wisconsin Cent 4s. 15 TOTAL SALES (Par Value): ila.m.. 3146000 12 noon. 5331000 1pm.. 7281000 2p.m.. 8778000 —— i FOREIGN EXCHANGE. April 18, 19231 pm . Hibbs & Co.) | Selling checks | today. 1.65% 3 b: 1xaon BmutSunceat N Stat Nortawst B Tel | Pacific Gas & |PacT&T Phila Co ref > Pierce-Arrow 8s.. s B8y 6% « Public Service | Punta Alegre Sacks & Cos {7 Sharon Stl H 8s { Sinclair Oil : Crude O] 515 | Sin Pipe Line 55. ) SRS~ 191 South Bell Tel 5s So Por Rico Sug s St il of Calif 7s. . Tenn Elec I'ow 6s. | Tide Wat Oil 61 Tobact Toledo Union Bag & P 6s. Unit Drug cv London, pound Monfreal. dollar . Paris, frane Rrussels, frane | o Aty § udapest. Prague, o Warsaw. Copenhage Clristian: Stockholm,” crown U S Steel s £ 5s. Utah Pow & Lt 5s. Va-Car Chem Ts.. Va-Car Chm 78 v 12 Warner Sugar 3 West Union 6148 Wickwire Spen Wilson & Co 1st 6s Wilson&C ev 7% Winchester A TREASURY CERTIFICATES. (Quotations furnished by Ledmond & Co.) Rate--Matusity. i 1836 June 15, 1923 ... i B%s September 13, 415 September 15, 4s' Decomber 15, 192 4lqs March 15, 1924 {537 June 15, 1023 | 858 Neptemir 1 4% March 1 4igs June 1 4%s December 445 March 15, 16 3i%a Sevtember 15, 4345 December 15, NEW YORK EGG PRICES. NEW YORK, April 18—Eggs, regular; receipts, 34,018; fresh gath- | GIVEN WAGE ADVANCE. Better Pav Granted Employes in Packing Plants. NEW YORK, April 18.—Wage in- creases of 3 to 5 cents an hour, effective last Monday, have been granted to 5.000 emploves of the United Dressed Beef Company, Wil- _ ) son & Co., New York Butchers’ Dress- | ;;“‘Z,s&g‘afig;:’:(13‘5;13,;3‘"'_"\,‘9‘:5!]“\0 ed Meat' Company, Nagle Packingljopiery” whites, uncandled extras, ompany and Joseph Stein & Sons, it | y7RRES . “PociRe const whites, firsts was announced today. L s, Labor matters in these houses are = haundled by hoards composed of an equal number of employers and workers’ representatives. TELEPHONE EARNINGS UP. Earnings of seventy-one telephone companies reporting to the Interstate Commerce Commission for January show aggregate operating income of $11,631,018 saved out of gr ng revenues of $52.424,44 ith operating income o and gross revenues of $46.823.058 january, 1922. 16 | o 991516 100 116 101 1-16 101 516 w 100116 | 5wy iy 99 15-16 100% 083 - usey 9516 s I. C. C. PERMIT ASKED. Permission to build twenty-seven miles of new line between Orchard and Perkins, Idaho, was sought to- day from the Interstate Commerce Commission by the Oregon Short Line railroad. It would enable the system to furnish direct through service to Boise. BUTTER PRICES LOWER. {10211 | T per bushel {which is of uncer j value {eral sag and then by a 1| k ¥ FINANC Grain, Produce and Live Stock LOCAL WHOLESALE MARK “Tighter,” was reported of the con- dition of the egg market. Prices are slowly creeping up, deal- ers said, reporting a {urther advance of one-halZ cent a dozen. They hope warmer weather will ‘mean increased Teceipts and lower prices. No change in butter prices were noted. the market being the same as yesterday. Meat prices also were the same as vesterday. (varse grades of beef still scarce and high, while there is an ample supply of better grades, at what dealers report to be moderate prices. Eggs—Strictly fresh, selected, can- dled, “per dozen. 6a2; average re- ceints. 25; southern, 2: Live ~poultry—Roosters. per Ib., 17 turkeys., per lb.. 25a35: spring chickens. per Tb., 60; winter chickens, per Ib.. 40a50; keats, young, each, 65: fowls, per 1b.,’ 29a30. Dressed ‘poultry — spring chickens. per Ib., ter chickens, per 1b., 45a50; hens, per 1b. 32a33; roosters. per b, 19a20: turkeyk. per 1b., 43a50; keats, youns, exch, 70a80. Live stock—Calves. choice, médium. per Tb. 9a9%:: thin, 6a7. Lambs. spring, per 1b.. Jve Digs. 3.00a5.00 each; live ver 1b., 9. en fruifs—Apples, per b California oranges resh-kiiled T5a80: win- ver 1b., per b, 1 Logs 3.00a Lemo 3.50a —Potatoes, per bbl., per sack. 3.00 potatoe: 2.00a3.00 Do Romaine 3 lina tuce, ~outhern, per crate, per crate, bbl 42,00 lettuce, a2.00; lettuce, 5 arby cahbage, hérn. 2.00a2 lants, per crat box. 2.00a4.50. Beans. Teas. 3.00a6.00 . per crate, Flor- per barrel, 50a bbl., 2.00a2.50. “lorida eans. GRAIN AND PROVISIONS. 100°1bs. ); bushel, bushel, 6.00; Leans, 5.00a7.00 barrel gus, dozen Deets hund amper. 4.00a5.00 celery. 1 .00 ed crate. ¢ 3.00a bushel, 40a50; lettuce. : onions, 100 pou Spr i 106, basket pene; 30: radishes, . bushel, al.00; tomatoes, crate, ke Nu b0, Apples—Packed. barrel ishel, 1.00al box a grapefruit. box oranges. Lox, 4.06a5.00 quari, a0, squash. crate, 50a4.00 1 strawberries. Selling Pricex at red 1 winter red spot o red winter, gar- tions: April nearby at 1.30 44 ]9 21y new, spot spot, ck corl 94 and Corn—Col tarrel: _contrac bushel; > quotations; better, i vellow a4t pe 2. 3513 and 56 per 13 and 55 per bushel y. 50290 per bushel; No. export, spot, 3 3. no quotations. Hay—Receipts, 5§ tons; ample re- ceipts for all trade wants from 17.00 to 2100 per ton. The market is dull for lower grades and inferior hay. tain value traw—; 1 tangled rve. 15.00a 16.60: No. 1 wheat, 12.50a13.00; No. 1 oat, nominal, 14.00215.60 DAIRY PRODUCTS. BALTIMORE, Md.. April povltrv—Young chickens, poor and sorine % 15.—1 pound, hens. 27 old réoster: : smalP and poor 10; guinea 60 horn fowl. h. 4080, Fgs, 1oss off, native x. doz. i: southern, utjer, creamery. choice to fancy, s8¥ print nearhy creamery. 9a42: st . 40242 and nearby TODAY'S CHICAGO PRICES, Although bet- ons hoth for seed- and growth Lad rish effect st on the wheat market today i scored advance. The Liverpool quotations ittle ta yesterd rn in value ide of the ; tic had & less to do With the initial s here. On the other band, . bulls were emphatic in assertions ~that grain had still to be adjusted to the low purchasing power of the dollar and that advances in wheat prices Were as vet ouly in beginning stage. The operting. which varied from un- anged figurcs to half cent off. 1 to 1.25% and July 1.23 by respo; v's 1.233, was follower e all around 10 well above yesterday's finish. Corn and oats swaved with wheat ning unchanged to 4 lower, 'y 10 80, the n market under- a little further decline and then red fair gains. Oats started at May 45% to an advance foi 33a% off to la un. showed WHEAT Mas Repteinier GATS | CHICAGO LIV TAGO. Depariment Receipts 160 ; top. butchers. ding 5 to 7.00a7.25; weight hogs, 2 45 light. $.10a8.50; light light 5: packing sows. smool packing Sows, rough, 6.7 iilling pigs. 6.50a8.00. Cattle—Receipts, 8.000; head: activ beef steers, butcher she-stock. 10 to Nigher; better grades beef slcers an beef heifers refiecting full advance; top matured steers. 10.15; best year- ngs. Missouri fed. 101 other riings, 9.75a10.00; bulk beel steers, vearlings _comparatively numeicus; canners and cuttels slow, cteady; stockers and feeders dul bulle. *strong to 10 higher; veal calves, cualitv considered, strong to 25 higher; bulk canners from heavy districts, 523.50; doubtful kind. 3.00 downward: bulk veal calves to ackers. 8.00a8.75: few, 9.00; ship- pers’ hand picking, upward to 10.00a 0. buik stockets and feeders, April 18 (United States ¢ Agricniture).—HoRS— head; slow; around pound averages. to 325 pound packers bid- 000 10 7.8328.25; heep—Receipts, 21.000 head: ac- tive; early sales steady; early top wooled lambs some held high- er; bulk, 14 0; clipped lambs. largely 10. .50; one load choice, mostly 10.00; sheep CHICAGO, April 18.—Butter lower; creamery extras, 41; standards, 44'z; extra firsts, 42%a43; firsts. 42a42%; seconds, 40a41. Eggs lower; receipts, 21,689 cases; firsts. 26%2a26%: ordi-: ary firts, 24%a?5: miscellancous, 251;a26; storage pack, extras, 28; storage pack, firsts, 27%. DIVIDEND INCREASED. NEW YORK, April 18.—The Martin Parry Corporation, which manufac cures automobile bcdies. has in- _reased its quarterly dividend from 50 cents to 75. PARIS MARKET ACTIVE. PARIS, April 18—Trading on bourse today was active, cent rentgs, 57 francs Exchange on London, 71 ntimes. Five per cent loan. 75 ancs 30 centimes. The dollar was quoted at 15 francs 34% centimes. the Three per 5 centimes. francs 20 per crate. : 3.25. | 3.00a6.00; | per 0w - ith | IAL. AM. SECURITY ASK! PERMIT FOR BRANC At 1140 15th Street N.W. for Receiving and Paying. Mergy’s Earnings. BY L A. FLEMI The American Security and Trus Company this morning filed applica tion with the controller of the cur for permission to open branch bank at 1140 15th stree rnorthwest This movement is made pure! the accommodation of the bank's tomers, who find the parking difficul tiex too serinus 2t the home office. For the present the branch bani will be used exclusively for the re ceipt of deposits and the payment o checks, although in time it may grov 80 a3 to demand regular banking fa cilities. will located in torage building, wher | parking facilities are generally avail ble duripe the greater part of the H It is on the edge of the north western businesy extension of luptown financial district. a distric | that is growing very rapidly The permit will be on file in the ontroller of the currency's office for 3 ten days, when it will un {questionably be granted _The American Security and Trus |company now owns and operates tie Home Savings and its branches {vart of its system. Mergenthaler's Earning. March earnings of the Merga: thaler Linotype wers very satisfa {tory. according to the reports of McQuade, local director of ti orporation, the figures being $35: be the the six months ended wiir 1 31 the earnings were 10.7 per cent, as compared with 10 per ceil {for the preceding six months. Vietor B. Deyber to Broadcast. The Hecht Company is sending ot the following notice of an address be broadcasted tonight from iis WEAS, by Victor B. De ident of the Second Nationa of the Second N Bank of this city will deliver esting message to radlo fans Mr. Victor Deyber, whose to the presidency of the National Bank was coinci- with the accession of Con ner Cuno H. Rudolph as g spirit in the District go\- can speak with great a on matters of banking and president elevation Second dental Devber's spirit permeates tio National Bank and has mad tution al influence street district, to which the capacity of financ counselor and friend, M is chie responsible for thx cpening an up-town branc of civic service. ch has been attended witi the most signal success. Mr. Devher?s influence cial world of shington known. His subject will be {ing a Bank's Money.” 3 Local Securities. 1 r in guide, Dexber bank's in the nove v the finan- is we “Lend | There was considerable small-lo: jbuying on the local exchange this morning at 743z for Rallway pi ferre for Capital Traction stock jand 617 for Riggs National Ba shares Railway common, in activity, did not get started until after the regular call. with the ex- ception of an odd lot at 65% Lzter on the buying was of a good character and the price advanced by fractions to 687% The advance scemed much more | stable than the sensational move- ment_that announced the refusal of the court to undertake r ihe appellate court’s ruling e 4s_at 713 and Potomar i Consolidated 971, were the | favored bonds. Bauk Loans Increasing. Wall street's loans are increasi: materially. as the activity and moder- gth continue on the street. 11k of gossip that comes fr all street has a bullish tre on railg. ofls and steels. Gary's statement $1.000.000.000 had been added to the Steel Corporation and that = would sooner or later re- benefit therof helped the the usual leader at the re is a nervous fee the street, many of the bul s ready to change position with nd later months, on the theors | the t Congress will in itsel {be a bear argument on the list. here has been no distributing 1 it that is on a large scale. jhence 1o break is anticipated in the {near future PRICES OF COTTON HOLD WELL TODAY Weather Reports and Cables Help to Steady Market on Both Exchanges. of i i | Br the Ascocisted Press W YORK. April s opened steady: Octobe: jJanuary, 24.22. A bullish interpre tion of the weekly weather repor and the cables led to a steady open ing in the cotton market this morn- ing and an advance of 4 to 16 points first prices. New crop positions were {in demand from Japanese interests while Liverpool houscs, the trade and {horts were leading bisvers of other [positions advancing Muy, to July nd October, early dealings. " ORLE. ember, ¥ crop accounts from t rnment put the price of cotton 1% points higher around the opening today, but recent sellers commenced to realize profits on the hard spot and reactions soon set carried prices 1 to 20 under the close of yesterda: end of the first half hour of husin May sold up to 28.05 and fell back 7.85; October sold up to 24.3¢ and feil back to 24.28. ALL RECORDS BROKEN FOR ONION SHIPMENTS Bureau of Agricylture Puts Output at 20,200 Cars—Indiana and Ohio Lead. By the Associated Press. CHICAGO, April 18.—All previous records for onion shipments were broken this season, the United States burean of agricultural economics estimated today. The seasonal output for the four- teen late or main crop states has filled about 20,000 ca That total exceeds las season's by 6800 cars and is 1,300 more than the 1920-21 season, which set the highest previous record Indiana and Ohio werc the heavy shippers this season, sending 4,575 and 4,450 cars, respectively. New York shipped fewer onions than during either of the last two seasons, the total April 14 being abhout cars. Massachusetts, with 1,280 cars, showed an increase ‘of 1§ per cent from last vear. Michigan marketed four times as many onions as last season, the total reaching 1, 750 cars. H