Evening Star Newspaper, November 16, 1923, Page 28

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28 WEAKNESS GROWS IN STOCK MARKET News From Abroad Brings About Turn—Feeling of Un- certainty Halts Buying. _— BY STUART P. WEST. Rpecial Dispateh to The Star. NEW YORK, November 16.—The foreign news and the weakness in the exchanges and foreign govern- ment bonds were the main considera- tions in the stock market today. For a time the price movement ap- peared indifferent. During the first hour or so an appearance of steadi- ness was preserved and there were even a few advanves among indl- vidual stecks. But as the day ent on offerings e heavier and were not so well absorbed. It J evident that unc nty of was going to happen abroad taken the we off the buying mov ment and had made dealers x_nld in- vestors less disposed to come in. Davison Chemical' a Feature, Davison Chemical was early in the session, running Tour po This was in re the announcement tha had been signed with V the use of the B Roval Dutch w oil concerns to adopt It is believed to be t Mexican Petroleum h b menting with silicia-je >/ mical is the owner per cent of Silicia-Jel stock. Davison Ch been regarded by tho as essentially tion and 1t terested Hence the beca what | Arnold Constab. FINANCIAL. NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Ofice Open. High. Low. Close. Adams Express. Adv Rumley Alr Reduction Ajax Rubber. Alaska Juneau.. ARied Chem. Allls Chalmers. . Allis Chalm pt. . Am Ag Chm pf. . Am Beet Sugar. ‘Am Bosch. Am Brake Shoe. Am Can. Am Can pf. Am Car & Fdy Am Chain (A) Am Chicle Co. Am Cotton OI1 Am Cot Ol pt Am Druggist. Am Express. Am H & Leath Am H & Lea pf.. Am ice.. Am Intern 68% 45 85% 25 91Y 8% 98% 6% 11% Am Locomotive. Am Roll Mill pf. Am Safe Razor. Am Ship & Com. Am Smeltfhg. Am Smelt pr Am Steel Fdy. Am St1 Fd pf Am Sugar. 55 Am Tel & Teleg. 123% Am Tobacco. ... 147 Am Tobac (B).. 145 Am Tob pf (n).. 100% Am Water Wks. 38 [Am W W 6% pf. ¢ 6215 AmW W 7% pf. Am Woolen. Am Woolen pf.. Am Writ Prpf.. Anaconda. .. Ann Arbor pf... 881 7 99% 24 28 26 13 Asso D Good: Associated Of Atchison. .. Atchison pf. ... Atlan Bir & Atl. Atlan CSt Line.. Atlantic Fruit Atl Fruit stfs. .. 97 87 1M 134 kY small and it ° on the outside t i American Woolen Breaks. | ‘hen the turn_in the | When th S downward 2 gen: Davison Ch: been quic Other ‘ vhich had ey . Maxwell M I—went with | preial weak- Woolen. Thi he most vul- motors and | v to the | there | eling | d an-l' confident of the | Tuture, tre 1 quarter Porphy Ty “ded expe the copper et for i esponsive. Storage Battery Act | Recent buying of E : | Battery has been in anticipation of the declaration of an extra $2 div dend. Continued good reports of this company’s carnings seem to indicate that an extra would be fully war- ranted income this year wil appro: §12 a share, and the v has plenty of cash. Nevada Consolidated Copper re-| ported net income for the third quar- | ter today. The statement followed | the publication earlier in i ma H the week ! its of Utah Copper and| tay lidated both of which | made a favorable showing. Nn\'nda'uj total income for the three months | ended September 30 was §650, . or| E are, compare: with al 8 in _the correspond- ing Total income for the nine months was $2,158,000. New York Camners Bought. The prospect of an initial dividend ; on New York Canners common has been the chief incentive for the re- cent buying in this stock. There are | approximately 100,000 shares of no | par common outstanding. in addi-| tion to two preferred issues. A divi- dond mee will be held soon and it is expeeted that the common will £0 on at least a $2 annual basis. n ined_sales of the| New York Compa which the former owns, produced more than $6.50 a share. It is estimated that the net for 1923 will | be fully as good as If not better than that of the previous year. The declaration of the quarterly 1% per cent preferred dividend on Central Mining and Smelting prefer- red, which had been a matter of doubt in the minds of some people, attracted further attention to this issue, which is selling very low for a 7 per cent dividend-payer. . Mallison for the fiscal”year ended Octobe last is expected to report @ net income applicable to the stock, equal to approximately §8 per share. MARKET CLOSES HEAVY. and the Snyder Lowest Prices of Day Come Late in Afternoon. By the Associated Press. . NEW YORK, November 16.—Specu- lative sentiment in today's stock mar- ket was unsettled with the result that most active issues lost ground. Further | collapse of the foreign exchanges toj new low levels for the year and a sharp drop in French bonds contributed to the pessimistic sentiment prevailing most | of the' day. Sales approximated 800,000 shares. The closing was heavy. The lowest prices of the day were recorded in the ate afternoon, although partial recov- ry took place just before the close from the usual week end short cover- ing. United States Cast Iron Pip broke two points despite the resumption of dividends on the common stock. WOOL PRICES FIRMER. Low Grades Move Much More Freely in Boston Market. Special Dispatch to The Star. BOSTON, November 16.—Prices were, firmer in the raw wool markets to- day on low-grade wools and all of the three-eighths, quarter and low- quarter blood stock moved freely Sales of territgry wools were larger und Texas twelve months' wool sold at 1.20 to 1.22. Buenos Alres 5s sold at 32 in_limited amounts, with as high as 23 asked If orders are du- plicated. Buying in Australia for American account has increased. Re- celpts at Boston Thursday were 563 bags of domestic wool. —_— NEW PASSENGER AGENTS. Atlantic Coast Line—J. P. James in Charge of Local Office. WILMINGTON, N. C., November 16. —George B. Ecker, for many years connected witn tne Atlantie Coast Line Railway Company, has been ap- | pointed general passenger agent for ihe road, with headquarters in Wil« mington, N. C. Mr. Ecker succeeds Thomas C. White, who dled recently at Asheville, N. C. The appointment was effectige today. Other apPbintments announced to- day from the general offices of the Toad include those of George P. James as general passenger agent at Wash- ington, D. C., and E. R. Clarke as as- sistant general passenger agent at Wilmington. * WHITE OIL SALE VOTED. NEW YORK, November 16.—Stock- holders of the White Oil Corporation at a speclal meeting today approved the planh of reorganization which pro- vides for the sale of the company's property and assets to a new corpora- tion to be formed in Delaware, One hundred per cent of the preferred stockholders and §5 per cent of the common voted in favor of the plan, - | Brkl: September | p { Canadian South. | Chesap & Ohio. . {Gen Am Tk Car. {Gen Asphalt pf. Atlantic Gulf. Atl Gulf pt Atlantic Austin Nichols Baldwin Loco. Balto & Ohlo. Barnesdall (B). Bayuk Bros. Beechnut Pac | Beth Steel. . Booth Fish Brit teel. . Bklyn Edison. Brklyn-Man Tr. Man T ptf. 36 Brown Shoe.... 46 Buff Reh & Pitts. 51 Burns Bros (B). 2 Eutte Copper. .. tte & Super Caddo Oil. Calif Pack Calif Petroi. Canadian Pa $es} 11% 5% 1 52% 18% 35% 41% 511z 72 - 289% 2% 53% 9% 13 26t 607y . 103% 80 24 1% Centrai Leatn Cent Leath pf... Cerro de Pasco. Chandler Mot. .. es & Ohio pf. Chi & Alton. Chi & E 11l pf. Chi Great W pf. Chi Mil& StP.. Chi Mi! &St P pf Chi & Northwn. Chi & Nwn pf. Chi i'neu Tool Chi R I & i'ac... ChR1& P 6% pt Chi R 1&P T%pf. Chile Copper. Chino Copper Cluett Peabody. i Cluett&Pby pf.. 101% 72% 22% 82 44 Coca-Cola Colo & South. Columbia Gas. Columbn Carbon Comp Tabuiat. . Congoleum Co. | Cons Gas of NY. { Cons Textile. Cont Can... Continental Mot _ 6% ICorn Products.. 128% 25% 64 30 11% 47 4% 34 59 624 . 109% 118 Cosden & Co Crucible Steel. . Cuban-Am Sug. Cuba Cane Sug. Cuba Cane S pf.. Cuban Dom’can. Cuban Dom pf.. Cuyamel Fruit.. Davison Chem. . Del & Hudson D Lack & West. Dome Mines.... 184 Dupont (ED)... 130 Eastman Kodak 110% EatonAxle &Sp. 22 | Elec Stor Bat. Elk Horn Co: Emerson Brant. Erte.... Erie 1st pf. Erie 2d pf. | Famous Players 64% 86 44% 120% 9% 7 44% 68% 11% 46% 32 65 . Ba% - 180% 1043 14% 7 19% 6% 41% 15% 66% 31 16% 6% 14 51 80% Famous Play pf. Fd Mines &S pf. Fidelity F Ins Fifth Ave Bus.. Fisk Rubber.... Flelshman Foundation Co.. Freeport Texas. Gen Asphalt.... Gen Cigar. Gen Electric. Gen Elec spl Goodrich Df. Goodyear pt Granby Consol.. Gt Northern pf. Great Nor Ore. Greene-Canan. . Guantana Sug. . Gulf Mo & Nor.. Gulf M & Nor pt. Gulf St Steel. Harbishaw Cab. Hartman (new) Hartman Corp. . Hayes Wheel. .. Home: ll]%g - Housel'd Prod.. Houston Oll.... Hudson Motors. 26% Hupp Motors... 22% 111 Cen pt(w 1). 108% Ind Oil & Gas... 4% Indiahoma. 1% Indlan Refining. 5% *Ingersoil-Rand. 175 Inland Steel.... 33 Inspiration. 2T Interb Rap Tr.. 12% n Ag Chemical. 1 InAg Chemp’.. 5% IntCement..... 40% In Combust E... 22% Int Harvester.. .76% Int Mer Marine. %% IntM Marine pf. 38% Int Nickel, 11% Intl Paper 33 int Shoe 8% Int Tel & Teleg. “68% R g 28 L 18% 53 26% 70 3a% 3 54% 280% 13% 61% 66 17% 6% 58% 167% 17 88l 16 % 41% 82 36% 60% 32% 49% Kansas Clty S.. Kansas C So pf. Kelly Spr Tire. . Kelly-Spr 6% pt Kennecott....1. Keystone Tire.. | Kinney G R. Kresge (SS). Lee T & Rubber. Lehigh Valley. . Lima Locomo. Loews Inc...... LoftInc..... Loose-Wiles. Lorillard (P)... Lorillard pt Louis & Nash. .. McIntyre Por... 68% w 66% 6% 1 64% 42 91 84% 84 344 8% 99% 109% 160 22 14% Tw . 23 5% 33 68% 17 28 18% 53 26% 70 34% 3% 54% 68 7 85% 6 1 64% 41% a1 84 33% 32 73% 97% 109% 159 22 14% 6% 19% 68 i) 1 645 42 1 83 34 33 8% 984 109% 22 14% T8 224 8% a4 8% 285 1Y 74% 98% V% 11 5% 95 Eo 101% 41 15 55% 6% 14 9 % 41 82 36% 6035 2% 49% 24% 22% 103% % . 1% 5% 174% 33 2% 12% k) 5% 40% 22 %% 7 32% 11% 33 3% 68 > 25 18% 53 25% 70 34% 3 54 54 128% 146% Open. High. Low. Close. Mack Truck: ! Mack Truck Macy Co..... Mallinson & Co. Manhat El Sup., Maracaibo Oll. . . MaYket St pt, ‘ Market St prior. Marland Oil { Martin-Parry. | Mathison Alkili. | Maxwell (A)... Maxwell (B). . May Dp Store: | Mex Seaboard. . Mex Seabd ctfs. ‘ Miami Capper. Middle St Oll. Mo Kan & Tex.. Mo Pacific. . 1 Mo-Pacific pf. .. 1 Montana Power | Montg'y Warad. . Moon Motors. Mother Lode., Munsiugwear. ... sh Motors pf. Nat Blacuit. 81% 85 64 32% 38% 20% 30 621 21% 31% 36% b2% 15% 82 Natl DeptStores Nat! Enamel. .. Natl Ry of M zd. Nat Supply. ... Nevada Copper. N Or Tex & Mex. N Y Air Brake. . N Y Canners. N Y Central.... NY Chi & St L. NY Chi & StLpf. ¥ O & Westrn. orfolk South. . Novf & Western North Amer North Pacifi Nunnally Co Nov Scot Steel. . Oklahoma Prod. Orpheum Cireuit. Otls Elevator | Otis Steel. . | Otis Steel pf. Owens Bottle Pac Pacific Mail Pacific Oi) = Packard Motor. Packard Mot pf. Pan-Am Pete. .. Pan-Am P (B).. Pennsylvania Pern Seabd Stl. People’s Gas. Pere Marquette { Pere Marq pf. .. Pere Mrq pr pf. Philadelphia Co. Philip Morri Phillips Pete. .. Phoenix Hosiery Pierce Ar pf Pierce Oil.. Pierce Ol pf. { Pitts & W Va. Postum Cereal. Pressed Stl Car. Produc & Ret Pro & Ref ctfs. . | Prod 1 Pub Pub { Pullman Co. Punta Alegr Pure Oil. . Railway Stl Sp. Ray Con Copper Reading. .. Reading 1st pf. Reading 2d pf.. Replogle Steel. Rep Ir & Steel. . Reynolds Spr. Rey Tobac (B) Royal Dutch. St Joseph Lead. St L&San Fran. St L&San Fr pf. St L Southwn St L South pt San Cecil Sug. Savage Arms ! Schulte Store: Schulte pf..... Sears Roebuck Seneca Copper. Shattuck-Ari Shell Uniol Simmons. Sinciair Oil. Sinclair pf.... Skelly Oil. ... Sloss-Sheflield. So Porto Sugar. South Pacific Southern Rwy. Southern Ry pf. Stand Milling. St Oil of Calif. .. Stand Oil of NJ iStOilof NJpf. | Sterling Prod. .. Stew'd-Warner. Strombg Carb. . Studebaker. ... Submarine Bt. Superior Stl pf. Sweets Coof A.. Tenn Copper. ... Texas Company. Tex Gult Sulph. Texas & Pacific. Tex & P C & Ol Third Avenue. .. Timken Bearing ‘Tobacco Prod. Tobacco Prod A. {Tobacco Pro pt. ¢ | Trans Cont Oil 41 15 56 14 51% 9% % 41 82 36% 60% 824 49% | 25% 23% 108% 4w 1% 5% 176 33 28% 12% 1 6% 40% 22% 5% 7% 32% 11% 68 17 27% 18% 53 25% 76 3% 54 285 280% 283% 18t 13% 13% 62% 60% 60% 64% 5% 17% 17% 17% 6% 5635 167% n7 6% 54 167 17 6% 54 167 17 88% 88% 88k 16% 16 16 0% | U S Steel. 16% | 6% Twin CR Tran Union Bag & P.. Union Pacific Union Pac pt Un Cigar Strs. United Drug. | United Fruit. . Utd Ry Inv pf. U S Cast I Pipe USCastIrPpf. U S Indus Alco U S Realty. U S Rubber U S Rub 1st pf.. U S Smelt&Ret. 76 31 83 68 94 35 83% 22% 93% 118% 62% kN 8% 26% 14% L10% 33% 22 38 48% 89% 10% 18 13% 81 58% 7 -12% U S Steel pt. Utah Copper.. ! vanadium Corp. Va-Car Chem Va-C Chem pt. Vivadou. .. Wabash..... Wabash pf (A). ‘Wabash.pf (B) Wells-Fr Exp. ‘West Penn Co. West Penn pf... ‘Westerd Md. Western Md 2 West Pacific. West Air Brke. | Westhse E1&M. Wheeling&L E. Wheel & LE pf. White Eag Oil. { White Ol ctfs. { Wickwire. { Wilson Co. | Willys-Overld. . | Willys-Overl pf | Wisconsin Cent. Woolworth Youngstn Tul *0dd lot. 4% 20% % 1% 28 282% 66% Call Money..... 1p.m. 81% 85 64% 32% 41% 20% 30 6215 22y 31% 36% 56t 16% 82 21% 50% % Y% 4% 20% TH 1% 28 287 65% High. 4% 9% 85 64 31 38% 80% 85 64% 81% 41% 19% 30 62 21% 30% 36 56 16% 81% 13 124 22% 8% 1% 9% 28 61% 24% 22 56% 1% 31 93 112 8419 5% 6 137% | 26'% 18% 81 157% 48% 51 B6% 35'% 661 20% T3 70% 27% 282% 286% 65% 65% Low. Last. % au HOURLY SALES OF STOCKS. Tram....227 300, 12m. ..652 400 2p.m. 444 800 698 300 HEADS RESEARCH BODY. 34| NEW: YORK, November 16.—R..L. Agassiz, president of the Calumet and Hecla Consolidated Copper Company, has elected tojhead the Copper and Brass Research' Association for the next year. Mr. Agdssiz announced that copper consumption in the United States at. the present time is about 70 per cent of the world’s production. —_— Hawali is a country of rainbows. Scarcely twenty-four Wours pass with- | be out one: or more of the celestial|1 arches appearing above Honolulu. THE EVENING STAR, .WASHINGTON, D. C, FRIDAY, NOVEMBER 16, 1923. SEVERE DECLINES IN FOREIGN BONDS Premier Baldwin’s.Views on Entente Break Cause of Marked Weakness. BY GEORGE T. HUGHES, Spectal' Dispateh to The Star. NEW YORK, November 16.—A sharp break in French bonds was the out- standing feature in today’s market Until today these bonds had moved without regard to the continuous de- cline in franc exchange. Thursd for Instance, French 7%s closed only % of a point below the opening price. In the case of the 8s the difference wa 1 of a point between openinz | closing Today, however, genu- ine weakne: the market until before noon the ctive issues were down 2 to 3 points, ‘line was , { both the direct oblizations IRE 1 government and th nicipal provincial issues Lyons Mediterranean with the other French securities. Selling Due to Forelgn News. The explanation for the selling was the increasingly —disturbing new from abroad. Involving, as it _seemed, the possiby i a break between | France and Great Britain and the d termination of France to take s arate action against Germany With the French financial situation dificult with the ations in any adequate ding inde! initely it was not surprising that in- vestors should show some concern. On the other hand no such aiarm in evidence as last ¢ and ary. when the first d into the D- down to above the Naturally moved in sym: but the loss Slsewhe eign group there s and the notably so - in high The buying. however, w tive. Obligations of companies in an immediately strong position were in demand. Libertys and most of the high- grade rails were firm. An encoura ing feature also was the prompt s of the $28,100,000 Southern Pacific per cent equipment certificates of- fered on a 5.35 per cent basi Domestic Issnes Uneven. Among the speculative bonds there was much *irregularity. In_railro: there was further buyving of Missouri cific. gene! nd refunding 6s. St. Louis-San Francisco incomes also were well taken around their recent high. There was some reaction in the Erie list and not much chan {in the ard and | &roups. and Manhat 1y igl A Today’s 0. ferings included $2 000,000 _in z0 joint stock lan bank 5 per cent bhonds offered at 101% and $2.400,000 Ohio Public Serv- ice first and refundin offered at 94% to yield 6.4 per cent DECENBER COTTON - RASLPTONS) t | Trading, howe brisk, iWild Trading Brings Price to I New Season’s Record. Jump of 70 Points. By the Assoduted Press. NEW YORK, November' 16.—De- cember cotton sold at 34.60 on the points and a new high figure for the season. There was active general buying in the cotton market and prices maie new high records for the season on higher Liverpool cables and bullish private crop and ginning figures. The latter indicated a ginning of 268,000 bales to November 14, and pointed to a crop of 9,320,000 bales or very nearly 1,000,000 bales than theweflicial forecast as of Oc. . Private cables said thi: had been partly responsible for the {advance in Liverpool, which also was influenced by a stronger mar- { ket for Egyptian cotton. The local market opened strong at an advance of 25 to 66 points, with December selling up to 34.60, Junuary to 34.10 and March to 3432 on the Very heavy realizing was at- tracted by the new high prices, and fluctuations during the early trading were nervous and irregular, although the selling was absorbed by trade and commission house buying. Wild Rise in New Orleans. NEW ORLEANS, November 16— Private ginning figures of .8360,000 bales as the output to the 14th of November, indicating a crop of only 9,320,000 bales, was responsible for a | wila {ise in the price of cotton on the opening today. In the first few min- utes of trading the active jonths rose 59 to 75 points to 34 Cents a pound for December. The rise be gan in Liverpool, where the private report on ginning was known first, and the strength of Liverpool created all manner of excitement here before the opening. Noon Bids on Cotton. NEW YORK, November 10.—Cotton futures, 11:45 a.m. bids steady ; Decem- ber, 34.49; January, 34.04; March, 34.30; May. 34 40; July, 33.84] NEW ORLEANS, November 16.—Cot- ton futures; noon bids steady; Decem- i January, 33.92;" March, 34.02; July, 33.52. STINNES ENDS OIL TOUR. KANSAS CITY, Mo, November 16. Hugo Stinnes, on of the German | ndustrialist, 1#¥ company with offi- cigls of the Sinclair Consolidated Oil c8npany, left here last night for Chi- cago. The young financier was:con ducted through the Sinclair refinery properties in Kansas City, Kan., dur- | ing the da; PARIS BOURSE HEAVY. PARIS, November 16—Prices were heavy on the Bourse today. Three per |cent Fentes, 53 francs 70 centimes. Exchange on London, 82 franes 20 centimes. Five per cent loan, 70 francs 25 cen- times. The dollar was quoted at 18 francs 88 centime tober LIVERPOOL COTTON. LIVERPOOIL, November 16.—Cotton, t, quiet; prices steady. Good mid- dling, 20.49; fully middling, 20.29 middiing, 19.89; low middling, 18.94! good ordinary, 17.97; ordinary, 17.44. Sales, 6,000 bales, " including 2,200 American. Receipts, 25,000 bales, in- cluding 12,700 American.~ Futures closed firm." November, 20.40; Decem- 2024; Vanuary, "20.12; March, July, 19.10, ; May .62; ; Septem- 683, Detober, 1603, - P bes and | s set in at the opening of | general bond market was fairly firm, | 1s | ! opening call today, an advance of 70 | | | | i i | i [sxsv+ vox BONDS o o] Ramqmwml;mumsm Office. (Bales are (Fiactions Example: 9 Lib 3us Lib 18t-2¢ Lib 1at 4%s. . Lib2d 4% Lib3d4%s... 966 Lib4th4%s.. 371 US4%s1952, 474 17 . 183 n represent ,000.) UNITED STATES BONDS. thirt; 9924 - seconds, 32.) Close 99-27 97-29 97-29 PBed 983 99-1 68-3 98-4 984 99-5 98-3 99-14 99-14 FOREIGN. Bales, High. Argentine 7s. Austria 7s. Belglum 7%s Belgium 6: Belgium 8x Bern §s Bolid\ Braxil 7s.. Brazil Brazil T%s. Canada 6%s 192 Canada 5s 1931, Canada 5s 1952, Chile 85 1946 Chile 85 1925.. ... Chile $» 1941... Chile 75 1943 Christiania §: Cuba 5%s ctfs Czechoslovakia 8s. | Denmark ss. Denmark 6s. Dutch ET5%s Dutch East I 6 Dutch East I 6s'62. Framerican 7%s. . French Govt 8s. . French Govt T%s. | Hajtl 65, Holland-Amer 6s Ttaly 614s 1925 Japanese 1st 4 Japanese 2d 4% Japanese 4s. . Jergen U M 6s 47 Lyons 6s. Marseilles 6s Mexico 58 Montevideo Ts. the Yorway 68 194 Norway 68 195; Orient Dev deb 6s. Paris-L; Prague Ths. Queensland 7s Quernsland 6s. .. | Rio de Jan 85 1945, Rio de Jap 85 1947 a0 Paulo State.| eine, Dept of, 7s. | Serbs Crotes Slo 83 Sweden 6 Swiss Confed Tokio 5s.... Ud Kingm 51328, Ud Kingm 5%s "37. Ud Steam Copen 6s 5 28 82 15 1 29 15 14 7 1 14 10 45 1 114 u7 3 Med 6s. 15 132 1 102% 88 98% 96 1004 108% 86'% 5% 795 95t 95 101% 100 99% 104% 103 104% 95% 106% 91 92% 108% 91% 901 95% 9414 88 97 934 9 73 93 93% 9155 80 7% 767 6 424 87 o3 98y 9344 89 6 a7 101 90 90 1034 12y 65 107% 100% 86% Tow. Close. 102 1024 874 874% 96% 964 85% 104% 95 106 10% 1% 108% 94 2014 4% 93 88 924 1% 0 1% 9% 93 1% 79% 5% 75 75 42% 87 MISCELLANEOUS. Afax Rubber ss... 1 Am Agr Chem T%s Am hatin s £ 69°33, tton Oil 5s. . &1t 18t 3. AmT &7 cltr5s. AmT & Tcltrds. Am T & T deb 5%s Am Writ Paper s Anaconda cv db Ts. Anaconda 1st 6s { Armour & Co 438 2 15 1 10 &9 97 93 9% 92% 4 102% 10214 11 101 1 9 116% 116 15 7L 181 23 13 Armour of Del 5%s Asso Oil 65 rets Atlantic Refin 5 | Barnsdall s £ 8s Bell Tel Pa 5s. Beth Steel 533 ‘53, Beth Steel rf63. .. Bett Steel pm 5s.. Beth Steel s f 65 Brier H St 1st 5%s. Bklyn Edison 7s D. Bkiyn Ed en 5s. .. Bush T Bldg 58 60. Calif Pete 6%s w | Central Leather 5s Cerro de Pasco $s. Chile Copper §s. CinG & E5%s'62 { Cuba Cane cvd Det Edison ref 6s Du Pont de N 7is. Duquesne Light 68 Fst Cuba Sug 7%s. Empire GEF T%s. Fisk Rubber $s... Gen Elec deb 5 Goodrich 6%s | Goodyear $s 1931. Gocdyear $51941, Hershey 65 1942 Humble O&R S%s fllinois Bell 1st 5s. Int Mer siarine 6s. int Paper 1st 6s B. Kayser (J) 7s. Keily-Spring 8s. { Liggett & Myrs 7s. Loriilard (P) 5s. Lorillard (P) Ts. Manati Gug sf T%s Marland O1l T4s. . Mexican Petrol 8s. .- | Midvale Steel 53 ct.. Montana Power 5s. vat Tube 1st 5: X Y Edsn Jst Gls. NYG EL H&P ds. N Y Tel 68 '41.. N Y Tel 63°49.. NY Tel 4%s... N Am Edison 6s. Nor States Pow 5s. Nor States Pow 6. . Northwst B Tel is. Pycific Gas & El §s cific T & T 58 '5! | Pan-Am Pete 7s Phila Coref 6s A Pierce-Arrow 8 Pterce Oll deb 8 { Producers & Rt 8s. Producers & R8s w Public Service i Punta Alegre 7s. Saks & Cosf7s Sharon Stl H 83 Sinclair Oil 7s Sinclair Oil 6%s. n Crude Oll 6s s.n Crude Oil 5. South BeH Tel bt Sug Est Orient 7s Tenn Elec Pow & Tide Wat Oll 6% Tobacco Prod sf 7 Toledo Edn 1st 7s.. UnionE. 3 & P 68 Unit Drug cv 8s. U S Rub 18t rf & U S Rubber 7% Va-CarCh 7%s w. Warner Sugar 7s. West Union 6% Westinghouse 7s. Wickwire Spen 7. w. n & Co 18t 6s. w n&C cv 7%s. Wilson & Co cv 8. Winchester A 7%s Youngstn S & T 6: 18 5 12 6 914 91% 6 89%, 89% 4 100% 100% 5 107% 10734 2 90% 90% 7 1 3 25 1 5 1 5 31 2 8 9. 9 10 20 10 L 1 1 14 3 1 5 12 7 27 13 3, 2t 9615 9234 983 41% 98y i 1004 100% | 103% 106% 94 911, 103 100 4% 75 105% 109% 80 107 102% 9y 91k B5% 96 6% 954 95 92% 102% 108 106% 96% 110% 84% 104% 1038 83% 64% 103% 0T 7 86% 86k 5 95% 95 1 94% '94% 1 84u 8k 2 102% 102% 10 93% 93% 964 924 98ty 42% 91 957 s45 93 13 967% F3 964 93% 122 987 95 315 103% 108 104 99 50 101% 100% 97% 95 931 103% 108 104 994 €0 1024 1147 114% 99% _ 9915 96%” 97 93% 93Y% 80% 80% 83% 83w 104% 103% 100% 101% UT% 117% 96% 9o 17 17 8 Y8Y% 98% 100 106 106 857 85% 94n uin 9915 994 96% 97 109% 1097 81% 81w 103% 105% 93% 106 94 1% 893 100% 90% 0% 108 99% 74 75 106% 109% 80 107y 102% 99 9% £6% 96 96% 95% 95% 103 997%4 3% 75 106% 109% 80 107 102% 99 9% IS‘é 9% 954 92%, 102% 107% 106% 563 1109 Bdiet 104 102% 83 63% 1034 109 107% 102% 1075% 106% 96t 1105% 4% 104 103 834 63% 103% 109% 107% 86% 5% 4% 844 102% 93% CALL MONEY RATES. NEW YORK, November 16.—Call money ‘stead: ruling rate, 4% high, closing 4%; low, 4%; fered at 4% last joam; 4%; call Joans against aceptances, 4%. firm; mixed collateral, 5; four-six months, ercial paper, 5a5%. Time loans sixty-ninety { demand, .0522%; cable: 5a5%; nrlmel TODAY’S METAL MARKET. s N ber 16.—Copper N cetrolytics spot and - futurcs, ; spot and futures, firm;. electrolytic, 13%al13%. Tin, fi 43.00. Lead steady; spot, steady: by 636a0.40. 89.25. spot, dy: prices unchanged. O oL, L a.5caz.00, ! ‘East St. Louis, shot and near- ‘Antimony, Zinc 9.00 —_— In proportion to its welght, the wing of bird twenty times stronger than the arm of a man. It is sald weevils eat $1,000,000 worth of corn or 20 per cent of the corn raised in F'lofld.li a M 103% | 1073 | 92% - ! TOTAL SALES (Par Value): 11a.m.. 2980000 12noon. 5009000 RAILROADS. ies. High. 89% 80% 86% 82% 96% 81% 101% 83% 84% 1% 96 673% 86% 84% H . 3 fan North 7s. 3 Canad North 6%s. 1 1110 Canad Pac deb 4s. T8% Car Clinch & O 6s. 96% Cent of Ga 6: 100% Central Pacific 4s. 87% Ches & Ohlo cv bs. 89% Ches & Ocv 4% Ches & O gn 4%, Chi & Alton 3s Chi & Alton 83 Chi B&Q gn 4553, Chi B&Q 1st rf 5s. Chi & E Tl gn 53 ChiGreat West 4 Chi GrWest 4s (n). CM & Puget Sd 4s. ChiM &St Prf4%s Chl M&St P cv 5s. Chi M&St P 45 '25 Chi M&S P cv 414 hi M&St P 4s'3 [CM&StPen4y Chi& NW 7 jChiRI&Pgn4s. g SI: Pac rf 43 n Sta 4%a... Ch‘d’z W Ind cn 4s. Chi & W Ind 7%s CCC&St L rt 6s A. Cleve Term ba Cleve Term 5%s. Colo & Sou 4%s. .. Cuba R R 8. Del & Hd 1t rf 4s. Del & Hudson 5%a D & R G 1st rt b Det United 4%s Erie 15t con 4s. Erie gen 4s Erle conv 4s A. Erie conv 4s B Erle conv 4s D Gr Trunk s db 6s Grand Trunk 7s Gr North gen 7s... Gr North gen 5% s. GreenB& W db B. Havana ERL&P 53 Hud & Man ref 53, * Hud & Man ajGs.. 111 Cent ref 58.56. . 111 Central 5% Int Rap Tran 68 Int Rap Tr 5s stpd. Int Rap Tran 6s. Int Rap Tran 7a Int & G Nor aj € lowa Centrf 4s.. Iowa Cent 1st 5s. Kan City Ft S Kansas City 8 Kansas'City S 5s. . Kan City Term 4s | Lake Shore 43 °28.". Lake Shore 45 '31. . Long Island rf 4s Louis & Nash 7s. Louts & Nash 5%s. Lofls & B&O PLEEWYV 4, B& OSW divay, B & O Toledo 4s. Bklyn-Manhat 6s. 85 Manhat Ry cn 4s.. MarkezSt cn 63 M & StLrf ex 5s. M StP & SSM 63 IMK&TprinbsA. IMK&T4sB. MK & Tadjbs !N OTex & M in 53, N ¥ Cen: gen 3%s. N Y Cent deb 6s... N Y Centdeb 4s... NYCentri5s. N Y Centen s {N Y Cen LS ct33: New Havencd 6s.. New Haven d 4s 57 New Haven New Haven 7s fr.. N Y Ry rf4sctfs.. N Y Rysadjss ct. NY W & Bos 4%s. Norfolk & W cn 4 | Norfolk & W cv & Northern Pac 35 Northerp Pac 4s Northn Pacr | 63. Northern Pac 63 D. Ore Short L ref 4s. Pennsyl gen 5 Ponnsyl gen 4%, Pennsyl 6%s. Pennsyl gold 7s. Pennsyl con 4% Peorio & E inc 4 | Pere Marq 1st 5 { Pere Mrq 1st 4556 | Reading gen 48 { Rio G Westcl 45. RIArTk &L 4 i StLIM&S4s'2).. [StL&SFpl4sA. StL &S F prin 5 StL&SF inc & StL&S F adj 6 [StL&SFplésC. 1St LS W con 4s'32. StP & KCShL 4%s. San A & Arn P 4s | Seab'd A L 4s sta Seab'd A Lret 4 Seab'd AL adj b Seab'd A L con Sou Pacific 431929, Sou Pacific ref 4s Sou Pacific clt 4 Southern Ry lat bs. | Southern Ry gu 4 | Sonthern Ry 634a. . | South Ry dv 6s w i. | Lnird Ave ref4s. Third Ave adj 5 Tol StL & W7 48 Union Pac st 4s... Union Pac 1st rf 4s Union Pac cv 4s. Unlon Paccv 63 Union Pac 1st rf 55 Virginia Ry 18t 5: | Wabash 1st 51 { Western Md 4 { Western Pacific 5s. ‘West Shore 1st 4s.. Whel &LE rf 4%3. Wisconsin Cent 4s. M Mo BE RN -G waSt o —t am© ® HenSBaBBIannld e~ mton EY4 | i 102% 995 94% 96% 59 9% 80 50% 77 3 2 —_ FOREIGN EXCHAN Low. 89% 80% 86% 82% 96 81 1 83% Bd% % 96 67% 66% 84% 3 12% 111% 8% 9645 100 87 9% B87% B4 54 31 £6% 99 1% 47 4% 524 50% B5% 70 55 7% 755 4 106% 1% 74 0% 7% 102% 1024 95 102% sl 23% +6 T9% 57% 72 984 5% 7 7% 58 464% 40% 67 93 87 84% 95 67% 100% 96% 52 45 73 92 E3% 96 102% 9% 94% 96 58% 79% 80 50% kid GE. Close. 89% 80% 6% 82% 86% s1% 101% 83% R4% % 6 67% 66% B4k 73 112% 1% 78% 9nte 100% w1 89% 8% 85 b4 31 56% 99 1% a7 44% 52% 50% 56% 10 .55 % 78% W6 8% 4 90% 1% 102% 102% 95 102% 1% 8% 84 98Y% 38% 85% 60% 51% 634 10434 887 | 241 80% 71k 56% 33 €9 654 (Quotations furnished by W. B. Hibbs & Co.) - Nominal S Montreil, Taris, frane Brussels. i Berlin, m Rome." tira Zurlel, franc. Ahens, drachma Madrid, *peset Vieona, crown. | Budapest, crown Itague, crown Warsaw, mark Copephagen, % Clrl Stockholm, crown. , By the Assaciated Press. ign exchamges weak. fnfied States dollars.) demand, 4.313%; cables, day bills on banks, 4.29 4.3 demand, .0415% glum, demand, .0444% { Germany, _ demand, cables, - .00000000000025. mand,’ 3706; scables, .1440." Swedeén, 2623. Switzerland, .1288. Greece, 060. Czechoslovakia, slavia, .0114. -Austria, .00 mania, .53%. .0878. ‘Monreal, 985 1. | —Flour unchanged; i No. 1, nnrlal;:’rnn,‘. 114 cember, 1.08 %, Ly, L. w, 81.. Oats, No. Spain, Poland, .0289. elling today. 20450 -60 per triliion. 04181, 742 1% 0014, FLOUR UNCHANGED. MINNEBAPOLIS, Minn,, November 1 305750, Whea 644 barrels. - Bran, 27.00227.50. Wheat, 1.07%al.12%. De: e checks, NEW YORK, November 16.—For- (Quotations in Great Britain, sixty- 3. France, Italy, Bel- cables, .0445. 00000000000025, Holland, 3711 de-~ rway, D-nmu&.llfi‘l. demand, +00000- Jugo- Ru- Ar‘emhz\u. .3150. Brazil, n, No. . “white, . x, No. 4, 2.37%a2.40%. FINANC Grain, Produce and Live Stock LOCAL WHOLESALE MARKET. Eggs—Strictly fresh, selected, can- dled, per dozen, b8; average receipts, Sl e sostetn, per 1b.. 16; Live poultry—Roos! - bl turkeys, per 1b., 35; spring chickens, per Ib., 24a35; keats, ouns, each, 60a70; owls, ‘per ib., 22a23. Dressed poultry — Fresh - killed spring chickens, per 1b.. 32a33; roast- ers, per Ib., 30a32; hens, per 1b., 28a30: turkeys, per Ib., 40ad5; keats. young. each, §0a85; roosters. per Ib., 20. Game—Rabbits, No. 1, per 4.80a6.00; No. 2, 2.00a2.40. Live stock—Calves, choice, per Ib., 12; medium, per Ib., 11; thin, per Ib.. 8a10. Lambs, spring, per Ib., 13. Live pigs, 3.00a5.00 each; live hogs, per Ib., 7. Green fruits—Apples, per basket, 50a 2.50; per barrel, 2.50a5.50. California oranges, per crate, 6.00a7.00; Florida, 2.50a4.50. Lemons, per box, 3.00a4.00. Grapefruit, 3.00a4.00. Grapes, Cencord, twenty-pound _basket, 76a1.00; two- quart basket, 22%a26; honeydew melons, 75a1.50. Vegetables—Potatoes, per bbl. No. 1, 2.50a2.75; No, 2, 1.00n150. Potatoes, round, per bag, 2.25a2.50; Sweet pota- toes, 3.25a3.75 per bbl. Southern lettuce, per crate, 1.00a1.50; nearby, 50a1.00; Ice- erg, 1.00a5.00. Cabbage, northern., 1 a2.00 par 100 lbs.; nearby 50 bbl. Tomatoes, half-bushel basket, nearby, 75a2.00. Beans, southern, per basket, 2.00a2.50. Peas, per basket, 3.50a5.50. New York celery, per crate, washed, 4.00a5.5 in rough, 2.5024.00. Squash, 3.00a3.50. Peppers, per crate. Florida, 4.00a5.00. Kale, per bbk, 75a1.50. hph}- ach, jper bbl, 2.00a2.50. Home-grown lima _beans, per qt., 40a60. Lima beans, per basket, 2.50a3.25, Southern cucum- bers, per b 4.50a5.00. Carrots, 100 1b. sack, a250. GRAIN AND PROVISIONS. BALTIMORE, Md. Novembgr 16 (Special), — Potatoes, white, 100 pounds, 75a1.75; 150 pounds, 1.00a2.75; sweets and barrel, 1.50a3.50. Beans, bushel, 22.25; lima beans, bushel, 1.5022.25: beets, 100, 2.00a4.00; brocoli, bushel, 30a35; brussels sprouts, quart, 25; cabbage, 4.0026.0 35240 “dozen. lettue 2.00a3. peppers, 5.00215.00; parsnips. basket, 50a1.0 Apples. 1 ter plants, 100, 5.00a6.00; ket, 30a50; pumpkias, 100 spinach, bushel, 45a65; basket, 40a50; \rnips, bushel. 30 cked, barrel, 2.00a4.50: bushel, 50a1.4 00 pounds, 1.00 a box apples, 5. Cranber- Ties, barrel, 7.00a11.00; grapes, basket, box, 2.25a% a4.00; pears, bushel, nges 30005 15a35. Pineapples, 1.00a3.5! basket, box, 4.00a5. Settling Prices on Grain. Wheat—No 2 red winter, spot, No. 3 red winter, spot, 1.03; No. 2 red winter garlicky. spot, domestic, 1.06; export, 1.05%; No. 3 red winter gar- licky, spot, 1.02%; No. 4 red winter, pot, 99% Sales—None. Corn—Cob, new, 4.30a4.50 barrel; No. 2 corn. spot, no quotations: track No. 2, old or better, 1.25. Bag lot of yellow, at 1.05 per bushel. Oats—No. white, new Rye—N 76. Hay‘—Receipts, 60 tons. Nearby hay of good quality in small bales will I readily at full quotations. Big bales, however, are hard to move even at sharp discounts. D hay Is hard to sell at any price. Quotations: No. 1 26.50a27.00; No. 1ight clover 2, 24.00a25.00; 24.50225.00; No. 1 2 white, new, 52; No..3 rye, spot, clover mixed, 24.00a25.00. o ve.* 25.00 , 15.00216.00; 13.00a14.00; No. 1 oat, DAIRY PRODUCTS. BALTIMORE, Md., November 16 (Spe- per Ib. leghorns, { leghorns, 16a20; ducks, 16a23;"gees ; guinea fow spring chickens. Eggs—Loss off, mative and nearby firsts, per doz., 54; southern, 50a52. Butter—Creamery, good to fancy, per 1b., 49a34; prints, 5iad6; nearby créam- ;, 40ai4; ladles, 34a35; rolls, 28a32; v prints, 28a33; process butter, 38 tore-packed, 2§, TODAY'S CHICAGO PRICES. CHICAGO, November 16.—Influ- enced by weakness of sterling ex- cbange and by prospects in an in- ! crease in the domestic visible sup- | pIx total, wheat prices underwent a fresh decline today in the early dealings. Bears also made much of agsertions that any advance in the wheat tariff would probably be so late that much Canadian wheat would be unloaded beforehand in the United States. Reports o large shipments of grain from Russia counted as pressing fdctor. The ening, which ranged from to g lower, with December 1.02 to 1.02% and May 107% to 1.07%, was followed by a material further drop. Predictions of enlarged receipts had a bearish effect on corn. After A | opening unchanged to 3 lower, De- | cember, 73% to 74%, the market showed a decided general setback. Oats were relatively steady, owing to demand from cash interests. Prices started unchanged to % off, May, 44, and then held near to the initial figures. Scantiness of stocks of lanl gave firmness to the provision market. WHEAT— Close. January May ... RIBS— January e May .. v.70 CHICAGO LIVE STOCK MARKET. CHICAGO, November 16 (United States Department of Agriculture).— ‘Hogs, receipt, 45,000 head; fairly active; barely 10 lower; bulk, better grades. 200 to 325-pound butchers, 6.55a6.90; top, 6.90; good and choice, 150 to 190 pound averages, 6.00a6.50; packing ‘sows, 6.25a6.40; good and choice weighty slaughter pigs, 5.00a5.25. Cattle receipts; 3,000 - head; steady killing quality plain; bulk fal steers, - 7.25a9.50; fat ws, 3.20a4.50: canners, 2.50a2.65; light kind, 2.25 a2.35; bologna bulls, 3.50a4.00; light vealers to packers, 8.50a9.00; stock- ers and feeders weak. Sheep receipts, 11,000 head: slow; fat lambs, 12.75; early top, 13.10; looks 25 to 50 lower; cull natives, sheep and feeding lambs steady; cull na- tives, 9.50a10.00; choice éwes up- ward to 7.00; few medium to good feeding lambs, 12.25. MEATS SELL UNDER PRE-WAR LEVELS By By the Associated Press. CHICAGO, November 16.—That many kinds of meat are seliing at or below pre-war levels was asserted today in a statement issued by Howard Leonard, president of the National Live Stock and Meat Bogrd. “The wholesale prices of pork loins, on November 10, 1923, were 9 per cent less than on the corresponding date in 1913. Fresh hams were only about 6 per cent higher than during the cor- responding week in 1913 ‘and the wholesale price of leaf lard about 22 per cent higher. Spare ribs were 21 per cent lower and skinned pork shoulders 12 per cent lower. “Good veal is 20.5 per cent lower than it was ten years ago. Smoked hams show an increase of 26 per cent over 1913 quotations, but breakfast bacon is wholesaling at virtually the levels which existed ten yeurs ago. X Damaged | 1| 1AL, REBISCOUNT RATE CUTNOW EXPECTED Federal Reserve Governors Spring Surprise—Local Exchange Busy. — A general lowering of the redis- count rates now in effect as a result of the Increasing volume of credit {s expected to be authorlzed shortly after the holidays, it was Indicated here this morning. The rates now in effect have been one of the principal toplcs of discus- sion at the present conference of gov- erncrs of the various reserve banks with members of the Federal Reserve Board, and every indication fs said to point to a reduction in the nea future. Such a rumor comes as a dis- ‘lrll.!! surprise to the banking. world, which was expecting action of a di- rectly opposite tenor. jnafter a careful review of the bank- ng situation officials of the board have found that the banks Ol‘ ’[l)rlul ¥ are more prosperous tha: t any time in their history. They have Suicesstully met the cail for credir ’ Sion in all lin f Stry and {agriculture, and these funte oy fnd {making their way back into ' the o thus materially swelling the | fomerve funds. it also iy found that e ing paid readily at meg Freight Bill Cut to $431,000,000. Dl_)o 1:;Tqulr ti o to reductiona zht rates. made both vo tarily and by order of the Interstas Comunerce Commission, the freig”¥ bill of the people of this country wa ¢ fapproximately $431,000,000 less dure ing the first eight months this yeag than it would have been if the ratey H ing during the corresponding pe+ ri in 1921 had remained in effects THs estimation is made by the bu~ reau of railway economics from rel ports filed by the carriers Interstate Commerce Commission Compared with the rates in effect during the first eight months of 192 the freight bill this year repr to the shippers of the countr duction of approximately $2 due to the voluntary veduction agricultural products that b fective on January 1, 192 number of individyal re in freight rates. Made Roll Call Treasurer. William C. Johnson, presidem of the National Bank. on me ef- and to a adjustments y “swamped” with a deluge of funds forwarded every { known manner. oaitevEry rom early indications Mr. Johnso declares the chapter's goal will be 4+, Teclace pter's goal will be Stock Exchange Trading. A good volume of well-diversific trade, at unchanged to lower prices prevailed on the Washington Sto: Exchange this morning. Practi. all favorite issues figured In transactions. ; . Washington Gas Light stock in good demand, though easier at 4§ and 47%. fifty-five shares changing hands. Merchants' Bank and Trust Company was unchanged P and Railway preferred wa t 70%, and Capital Traction sold at s | Gn the investment side of the mar- iket, Gas brought 100 and 100%. and Railway 4s changed hahds a 69%. Pepco consolidated 5s sold at 97%, and Traction 5s held at 93%. Form Business Partnership. Judah H. Sears and John Dewey, formerly of Morgan, Livermore & Co.. announce the formation of a partner- hip for the transaction of a general banking and investment business un der the firm name of Sears & Co., at 823 15tr street morthwest. _ Moody's Weekly Review. Moody's Weekly Review of financial conditions, in its current issue, says in part: “The new tax-cutting proposals imply conservatism on the part of the Presi- jdent and his cabinet, but the real gain shown by these proposals, together with election Teturns, appears to be that the progress of radicalism is now meeting opposition. “In view of the slump in stocks and bonds following the 1922 congressional elections, the recent election returns should be regarded as a proper invest- ment subject. When properly analyzed, these returns disclose a trend of senti- ment back toward conservatism in the great manufacturing states, a continued movement toward radicalism in the grain states and a_growth of the strength of the opposition party in the South. “Political history, ancient and mod- ern, shows that prosperity makes votes in favor of the status quo, and adver- sity against if. It shows, too, that the percentage of swing from one party to the other is practically uniform wherever business conditions are uni- form. Utllizing this scientific principle the political sentiment of the whole country has often been accurately es timated from special elections in a single state or locality. “Thus it is indicated that if a presi- dential election had been held, last week it would have been dacided by a plurality of only fifteen to thirty five votes in the electoral college. However, the slow agriculturgl recov ery is tending to restore corfervative sentiment in the west SEABOARD ROAD SUED. Cotton Firm Demands Compressing to Save Car Space. ATLANTA. Ga, Novemoer 16.—The cotton firm of Willlameon, Inman & Stribling has filed suit here' seeking to enjoin the Seaboard Air Line Railway Company from further refusing to com- press cotton accepted by it from the | Louisville and Nashville railroad for re- shipment. The petition of the cotton firm alleges that the railtoad has violated & rule of the Interstate Commerce Commission in alleged refusal to compress cotton for ‘reshipment ; that the Seaboard, in Eecepting cotton from the Louisville and Nashville at Birmingham, instead of compressing it, as required by the In- terstate Commerce Commission, is re- ehipping it In large bales, such practice {Saguiring three times the amount of car { Space necessary for compressed cotton. —_———— $158 FOR ALL OF US, IF—\ Per Capita Savings Bank Deposits Are Figured Out. YORK, November 16.—Each person in the United ‘States would Rave $158 if the total deposits in the favings departments of banks and trust companies were divided equally | EMong the entire population, accord- |ing to figures made public by the sav- |ings bank division of the American Bankers' Association. Savings deposits which were only $8.425,275,000 in 1812 increased to $17.- 331,479,000 in 1922. The number of savings accounts increased from 12.- 584,316 to 30,323,320. The doubling of savings deposits in ten years shows that Americans are fast becoming a nation of wise spend- gers, the report adds. —_— DRY GOODS MARKET. NEW YORK, November 16 (Special). —The quiet &pell in tke cotton goods markets continued today, with buyers hanging back, save where they found attractive concessions in second hands. | The first-hand quotations on print cloths remained steady at 11 cents for four py sixty and 12% cents for % eight' by seventy-two. The raw market was quiet_on unchanged queta- tions. was NEW —_— In Norway servamt girls hire for half a year at & time by contract made at'a public registry office.

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