Evening Star Newspaper, November 19, 1923, Page 24

; . FINANCIAL.’ __THE EVENING STAR, WASHINGTON, D. G, MONDAY,. NOVEMBER 19, 1923. FINANCIAL, Grain, Produce and. ’ Live Stock LOCAL WHOLESALE MARKET. It is belleved by local dealers that e top price on fresh eggs has been EDERAL RESERVE 4 more freely, it was stated, and a drop | :: 5 H0T4 in prices is expeeted, Rediscount Rate Chief Issue Coming Up—Today’s Trad- 101 Dealers say there is entirely too storage and fresh stock, the differ-| ing on Local Exchange. NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Ofice [+ vox BONDS 5o v Received by Private Wire Direct to The Star Office. | (Bales are fn $1,000.) i i "um'rxn STATES BONDS. actions represent thirty - nds. Salos. High. Low. Lib3%s...... 173 9928 99.24 Lib 1st-2d 4141 98 97-24 Lib 2d 4s 97-29 97-26 Lib 18t 41| 98-3 98-2 ise 983 US4%s1952. 282 99-14 FOREIGN. Tiigh. 102% 867% 974 96V 100% 86 76 79'% 954 95 9914 1014 10074 9% 105 103% 104% 95% 88 0% 92% 108% 94 804 94 93% 874 96% 93 50% 73 9815 93 1% 794 5% 75l 5% 43 86 92 110% 93 934 RAPID GOMEBACK IN FOREIGN BONDS French Issues Exhibit Most Remarkable Gains—Home Obligations Quiet. IALL STREET LIST | Alr Reduction. x Rubber. .. ka Jun | Allied Chem. | Allis Chalmers ‘avorahle News From Paris | ; . Allis Chalm pt Given as Reason for Quick |Am AerChem.. Am Ag Chm pt, Price Upturns Today. RAILROADS. . High. 884 8¢ 864 964 Low. Close. 7 7 67 67 6 6% 1 1 64% 65% 41 42% 90 90 12% 13 34 3674 931 931 31% 88% 97% 101% 160 160 Open. High. Low. Closs, 63% 63% v 114% 114% 20% 29% 82% 30% 56% 56% 41y 41 8214 32 205 20% 23% 217 80t 29' B8 BB 167 831y 130 12y, 22t 41, 27 69 11 iMacy Co. . {dMacy Copr... : Magma Copper. . Mallinson & Co. . | Manati Sugar. .. ! Manhat El 8up. . | Manhatn El guar | Maracatbo O11 { Marland Oll. { Martin-Parry Maxwell (A). Maxwell (B) Atchison gen Atchison adj 4 Atlantic CL 1at B& O prIn 3% B & O gold ¢s. B& B&Orefbn...... B&O PLE&WYV 4s B& OSW div3%s B & O Toledo 4 Bklyn-Manhat 6s. Canadian North 7 Canad North 634s. Canad Pac deb 4 Car Clinch & O bs. Car Clinch & O s Cent of Ga 6s Ches & Ohio cv 5s. Am Bank Not. Am Bosch |Am Can. AmCar & {Am Car & ¥ pf Am Chicle Co. Am Cotton Oil. . {Am Cot Oil pt YAm Druggist Am Express. ... Am H & Lea pf {Amice. . {Am Internat’.. m Linsecd 834 [z e ! s : i @ difference between prices of % 77 o ence today belng about 30 cents. It | {appears fo them that storage eggs | are being released much faster than | usunl at thig season of the year. one | dealer recalling the time when the | The advisory council of t difference betwee: e o alities | ; o Potween the two qualltles|geserve Board is meeting 8 The chicken market was dull {for its regular conference n . | morning, with a ter to | conditlo gho e co ploming, with & tendancy 'ty lowt Ann;h!l(;m‘.thruu‘.h ut the coun 35 and dressed turkeys at 40 cents, (% found b LA |ard dealers predicted such would he | Ptween the ChiBEQT 8. . | the prices for the Thanksgiving holi- | Reserve Bq Ch Q 1st rf b | day season. closed a five- Chi & E 1l gn b | Begemstrictly s, | end ChiGreat West is i L y Xeiccted, '~ | with recommends Chi GrWest 4s (n). i dozen, receints, [ o reviewed g::::sg'p,g‘*. Ll\'e“p’f:u'lu' e R The advisory council w cm,“s::::'s“ | turkeye,” per b, 53; matters submitted and Chi M&S P cv 3 1'10;.1!: . -run‘;,kz!é“: young, cach, 6 make recommendations to CM&St Pgn4igs. Dressed poultry—Fresh-killed spring | ¢T8] .Reserve Board. A g:;N:vegg ‘g{)lh‘kn-n':(. per m."zo 32: roasters, per “’ will, no doubt, be made by the bo: “hi Rys bs. ... ... a32; hens, per Ib., 28; turkeys, per Ib. ik matters considered and ChiR1& Pacrt'ds 40845; keati, young, cach, S0msS; Toost- lusions reached by the confer- Chi Un Bta 43 {ers, per Ib., 20. of governors and agents of the 1, {adyisory council. Major interest hing Chi U Bua e Game—Rabbits, W Ind cn 4 Live stock—Ci —Calves, choice, Der Ib. {inw,rine of the rod ieve Term Es i medium, per 1b., 115 thin, per b in "L VLA T 0 & Sou 4345, 10. Lambs, spring, per ib., 13. Liv + consideration 3.0025.00 each; live hogs, per lb. cal Stock Trading. . WE ovember BY STUART Jecinl Dispatel to The NEW YORK ock market was prompt to respond jay to the evidence furnished b ine ambassadors conference at Paris s genuine desire on both sides to “void a breal of the entente. Locomotive stocks led the | with Baldwin, American and Lima : Am Radiator. .. well above their best prices of | Am Safe Razor ent move. There was much ' Am Ship & Com. mething favorable to hap- | Am Smelting meeting of the | Am Steel Fdy “’lf\if“;l | Am Sugar. = 3 latest | Am Sugar pf. . ring the nine months ended Septe her 30 ehowed that earnings were t the rate of nearly §7.50 a share on ombincd class A and common stocks. | These are both now on a $4 I)vl\‘d.‘ Schulte Stores Advance. i obipEiC Sehulte Retail Stores continued its | 17 X W 8% pf. Tho: in touch with the com- i:‘\ W |' *pf. \any's aftairs would not commit |Am Woolen. ... hemselves on the question of an ex- | Am Woolen pf. tra dividend. They were content to [Am Zinc & Lead ioint to the high rate of return and {Anaconda...... 86% 874 ¢ | ihe ample margin back of the $8|Ann Arbor. % Vividends as sufficlent reason for the | Ann Arbor pf dvance. . Assoclated Ofl. Schulte earncd net $2100.000 in nu-!m,.m,nn_ > first six months of and is "\'iA!lnu( t pected to carn £4.500,000 for the | THo LS e Uwelve culendur months. This would | Atian Blr & Ad. mean after all deductions something | A4 Fralt stts HRoRRLe g At Gulfpt..... Maxwell Motors Go Higher. Atlantic Ref The rise in Maxwell Motors issues | Atias Vowdor. also continued. The street rem beTS | A ygtin Nichol that the A stock had a thirty-point Nichols. r three years ago on the same sort Auto Knitter of talk of an $8 divid 1 that is L'nllll.'} al n Loco.. the rounds now. It is, ef w- | Baldwin Loc pf tious about accepting the pr 1to & ORio. ... But it is fact that Maxwell co the $8 on the senior shar e entitled. ent amounts to M the company earned in the i X months. T. HUGHES, tar. Austria 7s. November 19.—Re- | Belglum 7% sponding to m tavorable reports | Belglum 6s. from abroad French bonds staged a|Belgium 8a. remarkable comeback in today’s Mar- pordea e go ket, while other foreign issues im- | Brazil 7s proved in only a little less degree. | Rrazil 8s. ‘he break of nearly 5 points “"(Eh“',:’s obably W ave | Canada bs 192 ‘lr nch probably X l)\lhll h"\\fi | Canada 538 1929 hrought mome speculative buying in|cqinaga 5s 1931 any case, and such huylng, combined | Canada 651952, with that based on the rally in the | Chile 8s 1946 exchanges and the g:“n:-:l . «ting that the iChile 8s1941.... wna Great l(rlu?!n » had been | Chile 7s 1943, wverted, resulted in making up half { Copenhagen 53, the loss of Friday before noon today. |Cuba 5y ctfs. French Tiss did not rally so much, | Czechoslovakia 8 but the decline had not been gevere. All the French Cities' i s | Denmark 8s... Were up 2 points or more. Paris. | Denmark 6s s and Mediterranean 65 gained { Dutch E16% rly 3 points. { Dutch East I 65'4' Belglan Bonds Also Up. Dutch East I 68'6: Belglan bonds aiso made substan- | Framerlean 7is.. 16 ! tial recoveries and lesser gains were | French Govt 8s....171 recorded alsewhere in the foreign | French Govt 7%s. 137 list. There wers heavy dealings in (Hafti6s...... United Kingdom 5l:s of 1937 around | Holland-Amer 6s.. par. In the South American group | Ttaly 63%s 1925, Brazil T%s galned with the improv ment in sterling ex The was true of t cent weakness in Bolivia 8s, It was plained today, was due to the com- ing upon the market of a large block of bonds. Trading_in stic quiet. United States loans and high-grade rafls and in- dustrials wer fArm but compara- tively inactive. Among the specula- tive raile heaviness again appearcd | Norway 681952, .. in the Paul list, with the 1s of | Orlent Dev deb 6a, 1925 down a point. There w lllnh ! Parls-Ly's-Med 6 doing in . St. Louis. San Fran- | pra ¥ ¢ Haven Bonds, but Mis- | Lo (% and s maintained | Queensland 7s. Queensland 6s. Rio de Jan 88 194 | Rio de Jan 8= 1947. sa0 Paulo.City,8s i Sao Paulo.State.8 eine, Dept of, 7s. Serbs Crotes Slo § Solssons | Sweden 6 Swiss Confed 88 Toklo 3s.... Ud Kingm 5% '29. Ud Kingm 6%s 37 Zurich 8s.... 109 _ PPeTS, MISCELLANEOUS. "Shinach: bu. | adex musper sa.. " 2 "o B Gi: Squash. ¢ 50 romi m Agr Chem 74s 14 9614 96% | N O Tex & M In b: ik : £ o z i 5 3 2 Turnip: |Am Cotton Oll by "7 9% N Y Cent gen 3%s. iicked. bbl. { Am SmIt&R 1st 53. 917 N Y Cent deb 6 jo i | Am SmIt&R 6s. 1024 ¥ Cent deb 4s. Am Sugar Ref 63. 100% Y Centriba..... jAmIETcn 116 ew Haven ¢ d 6 AmTaTcl 96 ew Haven d 48 57 m ol tr 4s 82y {NYRysadibsct.. Am T & T deb 5%s. 985 NYW&Bos 4% Anaconda cvdb 7 97 Norfolk & W cn 4s. Anaconda 1st 68 948 orfolk & W cv Armour & Co 4% 84% Northern Pac 3 Armour of Del &% 87% Northern Pac 4 Ass0 Oil 6s rets. .. 945y Northn Pacr { Atlantic Refin 6s. 8744 Ore Short L ret ¢ Bell Tel Pa bs. . 96% Ore-Wash 1at rf Beth Steel 5%s 89 Penneyl gen 43 Beth Steel pm b 88% Pennsyl 6% Beth Steel s f 6s 97% Pennsyl gols | BKiyn Edison 7s D. 108% Pennsyl con 4%s.. g:‘-’;- ;rjmsx*s 0. 91% 914 | Peorio & E inc 4s. . H Pete 6148 W 96% 96! | Central Leather 68 o3k sov | FoTo Maraleta... | Cerro de Pasco 8s. . 124 NEW YORK, N ~Tne | Chlla Copper b, oo % i oot onw - 86Y% cotton market open 4 steady today | con Coal Md 18t 6a BB at a decline of 3 to 1§ points on pres- | Cyban-Am Sug 8: 106% ent crop positions owing to easier | Cuba Canecvd 93% Liverpool cables and scattering liq- ; Cuba Cane cv 7s ‘30 ) uldation. Some southern selling was | Dery (D G) 7s o were absorbed by scale-down buying | py Pont de N 7% 105” which seemed to come largely from |Duquesne Light6s 4 103% the trade and prices rallied. Reports | Lst Cuba Sug 7%#.167 " 99% that an Anglo-French compromise | Empire G&F 7i4s.. 90 had been reached probably helped ORG: 1 Dispateh to W YORK. Miami Copper. Argentine 7s. Middle St Oi1. Midvale Steel .., | M StP&SSM (LI Mo Kan & Tex.. 4| Mo K & Tex pt. | Mo Pactfic. . | Mo Paclfic pf. Montg'y Ward. Moon Motors. Mother Lode. Mullins Body . Nash Motors pt. tl Acme Vat Blacult. | Natl DeptSto *| Natl Enamel. ... Natl Ry of M Zd. Nat Supply..... Nevada Copper. N Or Tex & Mex. IN Y Alr Brake. |NY Alr Brk (A). N ¥ Canners N Y Central NY Chi & St L, NY Chi& StLpf. N Y Dock pf.... | NYNH&Harttd. Norfolk South. . Norf & Western. North Amer North Am pf North Pacific. .. Oklahoma Prod. Otls Elevator Otis Steel.... Owens Bottle. i Pac Gas & Elec. Pacific Mall, <! Pucific O11. Pac Tel & Tel... Packard Motor. Packurd Mot pf, Pan-Am Pete. .. Pan-Am P (B).. Pennsylvania. .. abd Stl. v | ’eople’s Gas . 114 | Pere Marquette. 90% | Phillips Pet 104 ! Pierce Ar pf. 111 . Plerce Oll, 11% | Plerce O pE ... 35': | Pits FW & C p? 1156 (Pitts & W Va... 51 | Postum Cereal. . # 1021 | Pressed Stl Car. 5% | Produc & Ref. .. 12% | Pro & Ref ctfs. . 19% | Prod & Ref pf.., Pub Bervic Pub Serv 8% pf. Pullman Co..... Punta Alegri Pure Oil. Ray Con Copper Reading........ Reading 1st pf.. Remington. Replogle Steel. Rep Ir & Steel Reynolds Spr. .. | Rey Tobac (B).. Royal Dutch. ... Rutland Ry pf.. St Joseph Lead.. St L&San Fran. St L&San Fr pf. St L Southwn... St L South pf... | savage Arm: { Schulte Stores. . Seaboard Alr L. sears Roebuck.. 84% Seneca Copper.. 5l | Shell Unfon..... 13% Simms Petrol. 9 26 18% 164 49 52 19.—Th Feder nts who session [ [ fresh, T 60; average way, ions, 12 20 18 6 3 9 55 68 56 . 3 .41 47 8 . 81 conside probabiy the Fed lawin _dire ke joined squipments. n T Am T & Cabi Am Tel & Teleg. Am Tobac (B).. Am Tob pf (n).. No. 1, per dozen. on a probabl. ount rates no undoubted! CubaRR 7 Cuba R R b Del & Hudson 5%s Den & Rio G cn 48. D&RG st reba.. D&RGGsBTe Erla 18t con 4s. 6.00 por o o 1 | Erie con ext 7s. T B v y 8 dunds Erle gen 48 : 1 N0 a1 50 {260, Ca L 0 Laier Eilo convdoh fround, & 10; sweet pota- gl o toes, a4.00 per bbl. Southern lettuce. ! Erie conv 4s D, per crate, 1.00a1.50; nearby, 50a1.00; I berg, 4.00a4.50. Cabbage, northern, 1 00 per 100 Ibs.; nearby, een fruits—Apples, per basket, 50: per barrel, 2.50a5.50. California | oranges, per crate, 6. Florida, Con off hal sold Gr North gen s Gr North gen 5%s Hud & Man ref bs. 1 Hud & Man ay 5s. . 111 Central ref 4s. . 111 Cent ref 68 '55. . Int Rap Tran Ss. .. 88% Int Rap Trbs stpd. 69% 66% 69 | Int Rap Tran 6 w6l 6% | Int & G Nora. {Int & G Nor 1st 63. | Kansas City S 3s.. fus vas government | de s 50 for Prize Exsay. of § bhest paj presen problems of farmer., estions fo | Netherlands Gs. | Norway 8s | Norway 6s 194 York celery in rough, Peppers, per _crate, 2.50a4.00 Florida, al. Spin- | th Home-grown { any membe ~ of Bankin director of the Northweste ral Bank of Minneano wouri avuk B their >chnut ent ga Other Specinl Moves. Among the industri Wickwire neer Steel 7s were up a point and two points. Another bouwl to show mnoteworthy United Railways of St Kan City Terin 4s.. Lake Shore 4s "2 Lehigh Valley H ution of st not ¢ be returncd of the Ameri of Banking by Januars apers will he gudged by of five, including a scil officer of the Agriculture of the States, a prominent western the editor of a farm banker. uipment Increases. w freigh 1 locor been sery this than similar period during th st ade to statement this orning by American Railway ociation. During the first ter s o total of 15, iew freigh were installed in service, of 2 were delivered by the ind placed in operation dur ling the month of Octobe Settling Prices on Grain. There have also heen placed in . iservice, up to November 1 1 new Wheat—No. 2 red winter, spot, 1.07 i ‘ TN X : SPot, 1.07: § ocomotives, of which number 408 atar ayinter, spot, 1.04: No. 2 red | were instalied during October. E Demand for Power Grows. 1.06; export, 1.05% red winter gar- | licky, spot, 1.021% No. 4 red winter, All evidence indicate continuance garlicky, spot, jof increase in the demand for clectric Sales——Bag lots of nearby at 85 and |service in the large industrial cen- . per bushel. ters, according to Edwin Gruhl, vice Corn—Cob, new, 4.20a4.40 barrel; Dr dent and general manager of the : track | North American Company. No. 2 corn, spot, no quotatic tter, 1.2 he growing demand for electric corn, yellow, No. 2, old or b ‘Sale power and light is evidenced mot only ¢ inere in output reported by th. companies, but also by pend- i additional power throughout th 1 7%(n). 18% pf.. Other specialties in Bhisn Baison Vind i tions for the se had be ad been tempo were quick to come hack. Among th were Stromberg, Cast Iron Pipe, dustrial Aleohol, Computing and Wating-Recording and Marine ferred 1 1lard was bid up several B above last w the buying of this issue, that n Liggett & My was set down to favorable deve’ ments in the capitalizat dividend possibilities prosperous tebac ha announced their intention of re- ducing the par value of th < mon stocks from $100 to § Barn- | Chandler Mot. ings on the pr X in each case | Chesap & Ohlo amount to more ) per share. | Cheg & Ohto pf. Lorillard is ¥ at least | o 05 ton. . £3.50 annually on e, | o R and it is reported that the rate on CthH&SlP]’)‘l Liggett & Myers common will be fEhiZIR&SE TR $4 @ year. 22 : Cuba Cane Preferred Strong. Cilpmso Tocl-- Cuba preferred the ChRI&P 6%pt strongest of the sugar stocks, mak- Chi R I&P T%pL. ing & delayed response to the publi- {CHEa 0 cation of the favorable income state- | (He COPRAT: +© ment and balance sheet for the fiscal | ChinO BOPRET. year ended September 30. Punta|CC StL. Alegre and other members of the |Cluett&Pby pt sugar group had a sympathetic but -l:DCl-LD]l. more moderate Barnings of [Colo Fuel bee to 8§13 per share were reported | Columbia Gas.. on_the preferred stock. i Columbn Carbon The forthcoming ea | Comp Tabulat. nt of the Pan Amer! { Congoleum Co Cons Cigar.... expected to be more than has been gene Cons Gas of wnd confidence s expr . taln usually well inform Conmoer that the shurseme: .- olders will be authorized Continental Mot holders will be authorize jSontinentall Corn Prod pt next dividend meeting. Cosden & Co. Louls & N bs 2003 6l 96% 5 AT n Insticy Market Stcn bs.... MStP & SSM 6148 . ¢ | Bkiyn Un Gas. . In- | Buff Reh & Pitts. b~ | Burns Bros (A) pre- | Butte Copper. ¥ rovement in Cuba Canc E 400 Aaconda 65 and 78 wera both lower 100, 3,000 {under fairly heavy transactions. Today's new dfferings Included $5,- 300,000 in Minnesota Power and Liglit 68 at 97% to yleld 6.15 per cent, and $15,600,000 in state of North Carolina 1% and 4% per cent priced to vield about 4.60 per cent. COTTON FUTURES OPEN WEEK STRONG Prices Advance Over Satur- day Figures on Better News From Abroad. . ment of basket, | rs- | Calif Petrol | Calif Petrol p Callahan Zinc. . “anadian South. anadian Pac Both | Centrai Leatn. . Cent Leath pf. .. r _com- | Cerro de Pasco. More 1 tives since an pla 13 45 1 40 5 10 10 7.00a10.50. fruit, box 024.00. . 15a35, which Pineapples, crate, huilders 10 11 11 2 15 1 17 6 6 10 49 30% 81 97k 6% white, new, 52; 5% No. 3 144 943 26 19% 16% 50 52 87 36% 67 13% 564 834 658 87 82 104 12% 2 e aranBl8usnakBmroan 124 | Reading gen 4s.... No. 2 rye, spot, |} ©9 |StLIM&S R&G és. 6% (SULIM & B4s'2). £6% |StL&SFpl4sA.. 106% | StL & 8 F prIn ba. 947 | StL &8 F Inc & 88% [StL& S Fadj és 74 [StLSW 1stds 103% | St LS W con 48 '32. 874 1 San A & Arn P ds.. 1084 | Seab'd A L 4s sta 103% | Seab’d A L ref 4 100% | Seab'd A L adj 90% | Seab'd A L con és.. 101% | Sou Pacific 45 1929, Sou Pacific ret 4s... 100% | SouPacific clt ds... 97% | Southern Ry st 5a. 100% 1 gouthern Ry g! \14% | southern Ry 8% 99% | Third Ave ref 4s 6% | Third Ave adj G5 9334 | ol SUL & ¥ 48... 109% | Union Pac 1st 4s... 82% 101% 17% 96 117% 98% 102 101% 99% 86 4% 96% 109% 96% ings - Br the Associated Press. n Petroleum favorable nticipated, sed in cer d_quarters t to share- at the earby hay of good quau E 11 bales will sell’ readily at full quotations. Big bales, however, are hard to move even | at sharp discounts. Damaged hay is |V hard to sell Quotations 28.00 per ton 2 Skelly Ol Sloss-Sheffield. . So Porto Suga { South Paclfic. | Southern Rwy. . Southern Ry pf. Spicer Mfg Co St 01l of Calif... Stand Ollof NJ Sterling Prod. .. Stew'd-Warner. Strombg Carb. Studebaker. ! Submarine Bt. Superior Oil Superior Steel. . | Sweets Coof A.. Texas Company. Tex Gulf Sulph. Tex & P C & Oll. Tide Water Oil.. 108 Timken Bearing 37% Tobacco Prod.., 55% Tobacco Prod A, 88 Tobacco Pro pf. 114 TransContOil.. 2% Union Bag & P.. 68 Union Pacific... 131 Un Tank Crpf.. 108 Un Cigar 8trs... 178 United Drug 6% United Fruit. United Ry Inv.. |U's CastIPipe.. U SCastIr P pf. tation Ameri V. supplying Clevelar d Milwaukee with electric light, will be increased nearlv ; 195 per cent, Mr. Gruhl said. He or ‘mised. | Stated that subsidiaries of the North sr mixed. | Ymerican Company are now engaged 22,007 No- 1 lin'a program of expansion which will 24.00225.00. > | add 145000 kilowatts to station ca- i3 & BT pacity alone within the next seven ton: o Sient tye A;,“‘,flol”s‘.’fn“!m.mm. With these additions the fon: Mo o215l Tye, 13.00a16.00; | company's subsidiaries will have a 14.00215.00. i + { combine. nearly 700,000 lowatt combined with wer ased, will permit th carry a load of well s of a million kilo- P MARKET CLOSES STRONG. United Cigar Stock Advances 13 Points in Late Trading. By the ted Press, NEW YORK, November 18-—Stock prices turned sharply upward in to- day’'s stock market in response to a turn for the better in the foreign po- 1i news, which was directly re- flected in a sensational advance of 10 cents in rling exchange, and a series of favorable domestic dividend developments. Covering by an over- crowded short interest, which had s0ld stocks freely on the theory that a break between Great Britain and France was unavoidable furnished the chief impetus for the advance. Sales approximated 50,000 shares. The closing was strong. A number of specialties were marked up 3 to & points in the late dealings, while United Cigar Stores extended its gain to 15 points. Cuban-Am Sug. Cuba Cane Sug. Cuba Cane S pf.. Cuban Dom'can. Cuyamel Frult.. { Davison Chem. . iD Lack & West. Detroit Edison Dome Mines Dupont (E 1) Dupont deb + Eastman Kodak | Eaton Axle &Sp. Elec Stor Bat | Elk Horn Coal Emerson Brant. Endicott-John Endicott-J pf. Erie. . Erie 15t pf. Erie2dpt... Famous Players Fidelity F Ins. Fifth Ave Bus. . Fisher Body . Fisk Rubber 8 1015 No. the recovery, while there also was a | Gen Elec deb Ss. sharp advance in Liverpool just after =gnogflcn S¥e.. 20 [the local opening. oodyear 8s 1941 {Goy 84| December sold up from 400 to S 89% [34.14, or within 7 points of Satur-|Humble O&R 5% 61%|day's closing, while March advanced | {llinois Bell lst w;“'m 34 or 5 points net higher. New | Indiana Steel 6s 98 | crop months in which there was very |10t Mer siarine 6o 5734 | tttle_ business opened at an advance | oo ine gg. 89 of 15 to 107 points, selling up to | o N e 7 Mespiti for Anane Lorillard (P) bs 2 New Orleans Market Active. Lorillard (P) 78 NEW ORLEANS, November 19.— | Manati Sug sf 7%s Poor cables and French utterances | Marland Ofl 7% 1% | regarding reparations put the price | Mariand Ofl 88 31 108 17080 tton lower by 20 to 33 points s Mich St Tel 1st b8 187 |around the opening of the market to- | Wiet BE'l 5 76% | day, but a good volume was met and | ¢ e 175 [prices soon recovered. At the end of | Montana Pow 9% |the first half hour of trading the | New Eng Tel 39% | active months were. 7 to 16 points|N Y Edsn1st6 833 | higher than the last sale of Saturday. after falling to 33.43, rose 100% 9784 100% 143, 99% 26% 931 % 100% 79% 82% 101 u7 26 117% 98% 101 101% 9% 86 4% 968 109% 96% 103% 95 68 101 52% 441y 73 a1, 5% 102% 99% | 4% 87 95% kil 50% DAIRY PRODUCTS. BT Md.. poult; pring . old 0ld roo: 100% 524 4415 3 9% 25% 102% 99% 4w 87 95% —_— FOREIGN EXCHAN sations furnished by W. B. Hibbs & Co. N elling checks today. 26 102% 9% 4% 8754 5% 57% B9% 114% % 48005 D10 u DY | London, pound. 4.301% ‘southern, 52a54. = Butter—Creamery, good_to fancy, | tane fanc o pound, 49a54; prints, 54a36; nearby | Lrusels, creamery. 40a44; ladies, 34ad5; rolls, | Rerl 23a32; dairy prints, 28a32; process butter, 38a33; store packed, 25. TODAY'S CHICAGO PRICES. CHICAGO, November 19.—Indica- tions of lessened strain between France and Great Britain led tol | nigher prices for wheat today in the jearly dealings. ength of Liver pool quotations was construed as | Virginia Ry 1st 6s. Va Ry & P 1st bs. ‘Wabash 1st 6s. ‘Western Pacific 5. 79 79 Whel &LErf 4%s. 3 50% 50% TOTAL SALES (Par Value) 11am.. 2164000 12noon. 4379000 NEWTON D. BAKER 58 68 68 € per trillion. 181% 130% 131% 108 108 187 178 5% 6% 176 173% % 9% 40 38% 83% 831 Vienna, crown mark. ... crown. . crown { Stockholm,” crown Fisher Bof O Fisk Rubber. . Flelshman. Foundation Co Freeport Texas. |Gen Am Tk Car. Gen Aspnalt.... Gen Asphalt pi. Gen Baking jGen Cigar... i Gen Electric. Gen Elec spl. Gen Motors Gen Mot 6% Gimbel Bros. Glidden. .... ll}nodrlcm Goodrich pf { Goodyear pf. Gray & Davis. .. Gt Northern pf. Granby Consol | Great Nor Ore. ... Gulf St Steel.... Harbishaw Cab. Hartman (new) Hayes Wheel Hendee Mfg. Househ'd Prod Houston Oll.... Hudson Motors Hupp Motors Illinois Central. 111 Cen pf(w 1) 1Ind Oll & Ga Indiahoma. | *Ingersoll-Rand. Inland Steel. Inspiration Interb Rap Tr.. In Ag Chemical. In Ag Chem p* { Int Cement. In Combust E. Int Harvester. . Int Mer Marine. Int M Marine pf. 1nt Nickel Intl Paper. Int Tel & Tele Intertype Corp. Invincible Oil. Jones Te: .els Jones & Laugn pt Kansas & Gulf. . Kansas City 8.. Kelly Spr Tire. Kennecott. Keystone Tir: HEAVY TOURIST YEA! SAN FRANCISCO, November 19 (Spgpial).—During the last vear 430.- oorMonvention delegates and touristy hie visited San Francisco, accord- ingYgp figures made public today. In- quir@)s and early bookings at hotels indgifite that the latter months of this yeig will show a decided Increase. FREIGHT RATES REDUCED. ATLANTA, November 19 (Special). -—Substantial reductions in intrastate frelght rates now are in effect in Georgla, as a result of an order by the state public service commission. Tron, sugar and cotton are commod- itles particularly affected. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY HOUSTON, = November 19.—The Thanksgiving movement of turkeys from Texas now is in full swing. The tone of the market is steady to firm, with liberal offerings coming out to bids of 22 to 23 a pound, live basis. ATLANTA, Ga. November 19— Growers of pimento peppers in mid- dle Georgla are now netting more than $100 an acre on thelr crops. L. J. Shumaker, president of the Inter- natfonal Packing Corporation of Philadelphia, said today the Georgin product now was considered of better grade than that of Spain. PHILADELPHIA, November 18.— Woolen manufacturers hera have be- gun to buy the raw staple in antici- pation of some of their 1924 needs, but this demand has not yet become extensive. With prices strong in the foreign markets wool dealers are op- timistic over the outlook. SACRAMENTO, November 19.— California’s orange crop, now coming on the market, will total 22,500,000 boxes, according to estimates today Ly the state agricultural department. he apple crop of the state is esti- mated at 7,288,000 bushels, which is 88 per cent of normal. Kresge (S8). DETROIT, November w.—shlp-i ’ 2 ments_of stove furnaces and ranges |Lee T & Rubber. from Detroit factories this year have | Lehigh Valley.. run 10 per cent ahead of last year.|Lima Locomo... The President of the Michigan Stove | Loews Inc Works today said that the stove in-|LoftInc... Justry was in a soénd condition, that | Loose-Wile: "m"l“ were operating at full ca-|Lorillard (P) pacity. — The use of clectrieity in Tex., has doubled singe 1345, | Mack Trucks Dallas, * Mack Trucks 1st 65Y2 15 30% 9% 41 36 167 32% 51 24% 23 102 103% 4% 1% 177 33 27% 12% % 6 40% 22% 6 % 31% 11% 38% 6T% 26% 8% 28 93 297 107% % 18% 2T% 344 3 287% 13% 61 66 17% 6% 55 1m 18% 8114 93 60% 65 17 6l 53 167% 16% 93 47 65 98 84 181% 10% 14 81 47 8y 19% T5%n | 38141 % 56% 15 ! 31% 81% % 41% 36% 17 33 521 26% 28% 102 108% 4% 1% 177 33 28 12% % 6 40% 22% k3 7Y% : Western Unlon. U S Hoftman M., U 8 Indus Aloo. . U 8 Rubber..... USRub1stpf.. U S Smelt&Ref. U SSteel..... U S Steel pf.. Utah Copper Utah Securities. Vanadium Corp. Va-Car Chem. .. Va-C Chem pf... Vivadou. . . Wabash.... | Wabash pf (A). Waldorf System.. Web & Hellbrn. West Penn Co. West Penn pf... West Elecpt.... 113 Western Md.... 9% Western Md 2d.. 16% West Pacific.... 18% 110 81% 57% 124 2115 50 % 4 20% % 70 12 5% West Alr Brke.. Westhse E1&M Wheel & LE pf.. White Eag Oll.. White Motor.... White Oll. Wickwire. Wilson Co. Willys-Overld. . Willy: oug ot Wright Aefo, Youngatn Tube. *0dd lot. Call Money..... HOURLY BALES OF 8YOCKS, 223 700 12m 472 000 2pm. 11 a.m. 1p.m. TREASURY CERTIFICATES. T% % 12% 66% High, 4% 15 58 3% 83 20% 924 118% 61% 15% Low, + 889 500 | continues and it " 692 400 | now (Quotations furnished by Redmend p September 15, Mareh_15, 1625. Jane 15, "1025. cember 15, 1925. Mareh 15, 1628, igs September 15, &s March 15, 1 s December ' 15, s s s s s s MOON MOTOR EARNS $5.12. NEW YORK, November 19.—Moon Motor Car Company reports net earn- ings of $932,107 aft rges, in- SATInE Seprociution: bt Ketors xen, for the nine months ended October 30, 1923. Net sales of passenger cars, arts and accessories totaled $8,171 63. In the full 1922 year total sale: The nine month, earnings are equivalent to $5. were 36,877,159, share on th. 18¢,000 100 100 1132 100 1-82° 16 |Janvary. 59% | to 33.79. 36% 8% 20% 943 118% 61% 15% 30 94 28% 15 I 10% 3¢ 16 1% 47 893 138 9% 17% 18% 110 81% 58% 124 21% High Levels at Noon. NEW YORK, November 19.—The market showed increasing strength later in the morning on continued trade buying and a renewal of more or less general commission house demand. which was evidently inepired by the more favorable Furopean political advices as reflected by the relly in sterling and the reports of a better tone in the stock market. Bullish southern spot advices pro- moted the advance, which carried prices into new high ground for the movement late in the forenoon. Jan- uary contracts were selling around 34.25 and May 34.70 at midday, or 55 to 66 points above Saturday’s closing quotations. NEW ORLEANS, November .19.— ! Cotton futures nvon bids: December, 33.93; January, 34.06; March, 34.27; May, 34.21; July, 33.78. SHIPPING SHOWS GAINS. o Baltimore Concern Adds Vessel to £ 3 Foreign Service. 3%| BALTIMORE, November 19.—The 22 |plack Diamond Steamship Company, 7% | of which P. J. McIntyre, president of 1 ithe Forelgn Trade Club, is general 124 | manager, announced this week it 65% | would place in operation on December 1 the steamship Edgehill for service Last. |between this port and Rotterdam, Am- 4% | sterdam and Antwerp. 7 The increase in shipments of mis- cellaneous freight to the continent is sald vessels are now booked to capacity before they are actually placed on berth. This is in contrast to conditions prevailing during the earlier months, when prac- tically every vessel was short of ca- pacity. Ce.) —_—— Winen $8Ta 188 ifih‘ TOURIST TRAVEL PICKS UP }% }fiz Bpecial Dispateh to The 8! SAN FRANCISCO, November 19.— Increased travel to California has| necessitated the placing in commis- | sion of eight new dining cars by the ‘Western Pacific road. croases have also been made by the B?:lhlrn Pacific and the Santa Fe. has begun to develop throughout the state in the last three weeks, with the ending of the cultural season. Road work and building construction continue active with men_in the skilled trade fully employed. The iron nd steel Industry and the railroad car and repalr shops show slight de. crease in operations. No _The desert pa'm I+ native to t used for food by the Indians Similar in-! meral surplus of unskilled labor | 103% 106% 93% 105% 93% 91% 9% 89% 89% % 1003 100% 107% 107% 96% 96% 90% 91 99% 74 106 1075 99% 9l 854 9574 86 80% 95% 100% 102% 95% 92% 102% 107% 106% 110 84% 108% 102% 87% N Y Tel 43%s. N Am Edison Nor Btates Pow Nor States Pow és. Otis Steel 8s Pacific Gas & El 6s Pacific T & T 58°63 Phila Coref6sA. Plerce-Arrow 8s. Producers & R 8s. Punta Alegre 7 Sharon Stl H 8s. Sinclair Ol Sinclair O1l 6% Sin Crude Oll 6s... S:6 Crude Ol1 & Sin Pipe Line s South Bell Tel 6s. 8o Por Rico Sug 7s Steel & Tube 7s.... Sug Est Orlent 7s.. Tenn Elec Pow 63, Tide Wat Oil 6%s. ‘Tobacco Prod st Toledo Edn 1st 7s. . Unit Drug cv 8s, a1 99% T4 106% 108% 99 1% 85% 95% 96 80% 954 100% 102% 95% 9274 102% 107% 1067 110 84% 103% 108 87% 94 834 63% 104 109% 107% 86% 95 U 85 102 3% UBSteel st bs. Utah Pow & Li Vertientes Sug 7 ‘Va-Car Chem 7s. Va-Car Ch 7%s w. ‘Warner Sugar 7s. West Union 6%s. Westinghouse 7 Wickwire Spen Wilson & Co 18t & Wilson&C cv 7% Wilson & Co cv 6: Winchester A 7%s @ T SO PP SIS Sy~ - DRAGGED TO DEATH. NORFOLK, Va., November 19.— Thomas Leo Robinson. nineteen years old Portsmouth youth, was fatally injured when dragged from the run- ning board of an automobile on the Suffolk highway last night by a pass- ing car. The young mas was on the running board of the car of R. E. Barber, jr., holding the carburetor with a pair of pliers, when the accident nccurred. The other car falied to stop. BUTTER IS HIGHER. CHICAGO, November 19. Butter— Higher; creamery extrss, 53%; stand- ards, 49; extra firsts, 49a51%; firsts, 44a46 seconds, 42a42%. Es— rcecipts, 3.583 cases; frsis 2; ordinary frsts, 3oa42, 90% | B. & 0. DIRECTOR Former Secretary of War Put on Board at Meeting Today in Baltimore. By the Associated Press. BALTIMORE, Md.. November 19.— Newton D. Baker of Cleveland, for- mer Secretary of War, and John F. Stevens of New York were eledted members of the board of directors of the Baltimore and Ohlo railroad at the annual meeting of the stock- holders here today. The other mem- bers of the board were re-elected. The two new members take the places made vacant by the death of F. H. Goft and Richard H. Williams. Mr. Stevens was chaliman of 2 committee of experts to advise con- cerning the Russian rallroads sent to Russia in 1917 by President Wil- son. President Daniel Willard, in pre- senting his annual report for the year 1922, told the stockholders that there is now reason to belleve “‘that in the absence of abnormal conditions, dividends on the Baltimore and Ohio common stock will be maintained.” SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) Aluminum Co. of Amer. Ts 1925, ‘Aluminum Co. of Amer. Ts 1033. American Cotton Oll 6s 1f American !Il'll‘ Gs 1987. Amoricn Tol & ToL 8 1028 American Tel. & Tel. 61920, An timore & Oblo Canadian Northern 8 Central Argentine | Chicago Tal. Do Pont THE I Edison ¥1. 111, of Boa. 8%s Federal Sugar Ref. s 1033. significant in this respect, and helped to make buyers hers more confident. Besides there was notable lack of | luxgrb Ive selllng. Opening prices. | i which varied from unchanged figures | s to 1 higher, with December 1.01% to 1.02 and M 1.073% and 1.07%,, were followed by a moderate generai | upturn. | Corn and oats were firmer in| mpathy with wheat. After opening | to 1 higher, December 3 the corn market scored ! gains all around. i Oats started unchanged to %a% up, | May 43%ad4. and later held near the | initial Be. Higher quotation market. Low. (1 1015 1071 1.05 WHEAT— December ... ConN-= December. May July .. OATS— December CHICAGO LIVE STOCK CHICAGO, November MARKET. 19 (United Hogs—Receipts, 52,000 head; fairly ctive; 15a25 higher; bulk good to 200 to 350 pound butchers, 6.90a .15; top, 7.20; pound averages, 6.60a6.85 sows, largely 6.4026.65 choice weighty slaughter pigs, | 6.00. Cattle—Receipts, 26,000 head; slow and uneven. Cholce’ handy steers 12.00 bid: light yearlings, 1 salos short fed and relatively long fed steers, 9.50 to 10.75; several loads western grass steers, 6.00 to 7.00; bulls, stockers and feeders steady; vealers, 25 lower; bulk to packers, early, 8.00 to 8.50. Sheep—Recelpts, 29,000 head. Slow: fat lambs, mostly 60 lower; sheep around 25 lower; feeding lambs slow, 35 to 50 lower; bulk, most fat lambs, early, 12.00; culls, largely 9.00 to 9.50. LIVERPOOL COTTON. LIVERPOOL, November 19.—Cotton —Spot, moderate business, prices easier; good middling, 20.55; fully middling, 20.40;- middling, 19.95; low middiing, 19.05; good ordinary, 18.05; ordinary, 17.55. Sales, 7,000 bales, in- cluding 3,700 American. Recelpt 2,000 bales, including 1,600 American. losed firm. November, 20.51 L ouzo.u January, 20.29 arch, 20.11: M; 19.96; July, 19.34; Septembex, 17.41; October, 16.26, ) ng packi od _and i on hogs tended | States Department of Agriculture).— | desirable 160 to 190 | 50a | few | NEW YORK, eign _exchan trong; quotations (in United States dollars): Great Britain, demand, 4.35: cabley, 4.3 xty-day bills banks, nee, den: bles, . i cables, L0458 Germany, demand, ~000000000010: 48 cables, L1453, Sweden, de- Denmark, deman demand, 173 Greece, demand 100000051 0289, Jugo- Austria., d nia, deman demand, 3075 L0875, Montreal ¥ “cable: .000000- Belgium, 04581, 0000020 land, der orway, demw cables, and, nd. Argentina, demand, TOO MANY HOGS SOLD. {Market Depressed by Flood Shipments, Expert Says. CHICAGO, November 19.—A warr ing to shippers that flooding the ho: market is causing a depression and serious 10ss to_hog producers in low Ohio, 11linols, Missouri, Nebraska ar: iIndiana was issued here by John G Brown, president of the National Liv. Stock Prod s’ Assocta n. “Light and immature hogs ar flooding the market to the serlou- disadvantage of all live stock pre ducers,” Mr. Brown said. “Shipmen of the hogs has depressed the mar at leart $1 a hundred-welght ot only is the market very un { favorable, but the hog supply of nex year is seriously menaced, Mr. Brow id. of — TOO0 MUCH FRUIT ON SALE. NEW ORLEANS, November 19 (Spe clal).—The local market has been oversupplied with apples, grapefrui: and grapes. Grapes are Selling at $150 to §1.75 a crate wholesale, grape- frult at $1.50 to $2.50 a box and ap- ples from $1.75 to §3 a box. LIVE POULTRY LOWER. CHICAGO, November 19.—Poultry alive, lower; fowls, 13a19; springs. 1& roosters, 13; geese, 18; turkeys, 28, PARIS MARKET SPOTTY. PARIS, November 19, — Pricex moved_lfregular on the bourse to- day. Three per cent rentes 53 francs. Exchange on London, $1 francs 48 _centimes. Five per cent loan, 69 francs 50 centime: The dolar was quoted it 19 francs 23 centimes,