Evening Star Newspaper, November 24, 1923, Page 14

" 14 FINA STOCKS G0 HISHER IN BRIEF TRADING Saturday Advance Led by Specialties—Close Strong. Sales, 500,000 Shares. By the Associated Press. NEW YORK, November 24.—Stock | prices continued their rise to higher ground in today’s brief session of the market, with the specialties again | leading the advance. Dealings in | some of the ‘speculative favorites were curtailed because of the | absence of a number of traders who | were in Cambridge for the Yale- Harvard foot ball game. Low-priced oils. tobaccos and motor accessories developed several points of strength while Studebaker and | Ameriean Can_made the best show- fng among the =o led pivotal | shares. Davison Chemical jumped | 4% paointe, Jer Central 4 and U. | S Cast Iron Pipe, General Baking | Tnited Clga Brooklyn nd Man- | hattan Transit preferred, Cosden pre- ferred and Eaton Axle sold 2% to 3% points above yesterday's closing | prices. The closing approximated 3 oIL éHABES AGAIN STRONG. was strong. fi"“"‘l 0,000 shares. : & 0. Dividend Action Cnuses! Temporary Setback. BY STUART P. WEST. Bpecial Dispatch to Th NEW YORK. forces working C. ar. November 24.—The for higher prices on | the stock exchange continued to hold | the upper hand today. Some hesita- | tion was shown for a time after the | opening. Further selling in Chesa- peake and Ohio, due disappoint- | ment over Friday's dividend uction, | had a depressing effect upon other rails, espec ¥ those which have been bought on favorable dividend | rumors. But in the second hour the upward tendency again as serted itself. Oil Shares Again Strong. Little attention was pa week end mercantile revie told nothing new about th and threw no light upon the fu The statement that weather o tions have gslowed down retail Jobbing trafe is of no interest. W the stock market is concerned al is business developments of the com- ing month. On this subject it contin- ued today to express a quiet optim The strength of the oll shares was azain the noteworthy feature, in view of the admitted fact that the official figures so far have shown compara- | tively slight fall in production and a considerable surplus still is going into reserve, This showed that the market for oil shares is not concerned S0 much with imme 1t with fu- ture conditions. It belleves that the turn for the better has come, but that it may b me time yvet before the balance between demand and sup- ply Is restored Sharp Advance at Close. final _d Tt showed th, of rising pric The advance ings was impre. atter a full week there still were no signs that the bu ing movement was slackening. Ster- | ling exchange went somewhat lower, while francs were higher. lizing sales in the cotton market were large enough to halt the advance there. The lack of response in the stock market to International Cement's re- cent increase of dividend from a £ to a $4 annual basis has disappointed many. They point out that at current prices the stock is selling to vield 10 per cent, and. in addition, that earn- Ings are well in excess of dividend requirements. In the first nine months International Cement rned the equivalent of $4.80 on the com- mon after all charges and preferred | dividends, and in the last quarter of 1923 the net is expected to prov t- isfactory to leave balance for the | common for the full tweive months of | $7 to $8 a share. i Deficit Turned to Profit. Worthington Pump’s earnings for 1923 are expected to be between $4 and $5 a share on tne common, as against a small deficit in 19 deflcit of close to 000,000 in 1921, Although the income this year has | not been large enough to rrant dividends on the common, at least it has_given encouragement to holders ©f Worthington Pump common. TURKEYS 26 CENTS IN ST. PAUL TODAY Price Is on Poorer Stock at Retail. Also Cheaper in Phil- adelphia. Epecial Dispatch to The Star, ST. PAUL, November 24.—Turkeys are selling at a maximum wholesale price of 30 cents a pound here, six cents below prices of last week and | 15 cents below those of a year ago. Retail prices are up to 45 cents. The northwest turkey supply is excep- tionally large. Poorer stock sold today at 26 cents a pound at retail and 16 cents wholesale, PHILADELPHIA, Thanksgiving ~turkeys have been selling at 10 to 1lc cheaper at auc- tions near here this year than in 1922, Finest grades have sold at wholesale at 50 cents a pound. while lower grade birds brought 39 cents. COULDN'T SIDETRACK HENRY. Orator Brought Him in Even in an Address on Colic. From the Philadelphia Public Ledger. Rear Admiral John K. Robinson telis"this story: Down in Virginia there was an old friend of mine who was very potent at after dinner speaking. He had only one apeech, in which. he always zlorifled Patrick Henry, his own par- ticular hero among the many Vir- ginla has given. “Some of his friends, perhaps a little bored at the oft-repeated story which always wound up in ‘Give me liberty, or give me death!' put up a job on him one night when he was called upon, without previous notice, to speak on the subject of horse collc. “My friend was equal to the emer- gency. He arose and addressed the mudience about as follows: *“Gentlemen, this subject is one of much more importance than you be- lieve. It affects the cost of trans- portation, the reliability of communi- cation and it has a definite effect upon the cost of living. Horse colic consists of millions and millions of little microbes within the body of the horse, each crying out the words of the immortal Patrick Henry—"Give me liberty or give me death!”’ Found Her Bad Bargain. Prom the Argonaut. A darkey who had recently married ‘was asked by a farmer for whom he worked how he and his Mandy were getting along. “Not very well, boss. The fact is. me we've done pahte exclalmed the farmer. “Why, you were just married. You Xnow Sam, you can't leave Mandy. She’s your wife and you took her for |Am H & Lea pt. | Am Tel & Teleg. JAm W W 7% pf. | Associated Oil. . | Colo Fuel { Dupont (BD)... {Erie.... | Fleishman. ..... | Gen Electric.... { Hupp Motors. .. {Inaoil & Gas. .. | Inspiration. NCIAL, ! NEW YORK STOCK EXCHANGE || Received by Private Wire Direct to The Star Office Tow. Close. 743 | Otis Steel. ... 75 | Otis Steel pf. . 28" |Owens Bottls. 67 |Pacificoil.... $41 | Packard Motor. 81" Packard Mot pf. 13 | Pan-Am Pete. Jow Pan-Am P (B).. 5% | Parrish & Bing. 5% | Penna Coal & C.. 1051, | Pennsylvania. .. 901 | Benn Seabd Stl.. 35| People's Gas. 5 |Feoria & East. 28y, | Pere Marquett as | Philadelphia Co. . g | Phillips Jone; S41; | Philip Morris. .. 11 | Phillips Pete las, | Fierce Ar pt. s | Plerce Oil. . 7% | Pltts Coal.. ... s, | PItS&W Vape.. 10115 | Froduc & Ref. 08 *| Pro& Refetfs.. 204 S0 |PubServso pt. 101 1545 | Pullman Co. ... 123% lis " |Punta Alegre... 53% 15y | Pureon dos | Pure O 8% p 73 |Railway St1Sp.. 110 371 | Ray Con Copper 914 { Reading. .... 80 |Reading 1st pf Reading 2d pf. ... Remington. .. | Replogle Steel Rep Ir & Steel. . Reynolds Spr. .. Rey Tobac (B).. Royal Dutch. ... St L&San Fran.. St L&Saun Fr pf. Savage Arms. Schulte Store aboard Alr L. Seabd A L pf. Sears Roebuck.. Seneca Copper Shell Tr & Tran. Shell Union. . Simms Petrol. Simmons. .. Sinclair Oil. Skelly Ofl...... Sloss-Sheffield. . So Porto Sugar. South Pacific outhern Rwy. Spicer Mfg Co. St Oil of Calif. Stand Ofl of N J Stoflof NJpf. Stew'd-Warner. Strombg Carb. Studebaker Superior Oil.... {Superior Steel. .\ Sweets Coof A.. Tenn Copper. Texas Company. Tex Gulf Sulph. 61% Tex & PC&OMl. & Tide Water Oil.. 115% Timken Bearing 3 Tobacco Prod. .. Tobacco Prod A. Trans Cont Oil.. Twin C R Tran.. Open. High, 74% 9% 28 6% 6613 43% 91 12% 37% 98 41% 102 22% Open. High. 8% 9% 53 54y 43% 44 40% 41% 11% 12 95% 95% 634 63% 59% 60% 12 12 29 29 41% 41% 3 3% 9% 9% 10% 10% 41y 43 55 19% 28% 2134 2% 59% 874 20% Low. Close. 8% 9% 63 54w 431 44 40% 41% 1% 11% 95% 95% 624 63% 59% 60% 12 a2 29 29 41% 41% 2% 3 94% 95 10% 10% a1 42 43 43% 55 55 19% 20 28% 30% 21% 22 | 232 4 59 87% 20% 20% 101 123% 123 B4y 19% Adams Express. Adv Rumley. ... Adv Rumley pf. Ajax Rubber. Allied Chem Allis Chalmers Allis Chalm pf. . Am Agr Chem. . Am Ag Chm pf.. Am Bank Note.. Am Beet Sugar. AmCan........ Am Chain (A).. Am Chicle Co. .. Am Cotton Oil.. Am Cot Of1 pf.. Am Druggist. .. Am Internatil Am La France.. Am Linseed. Am Locomotive. Am Safe Razor. Am Smelting... Am Stl Fd pf. Am Sugar.. Am Sumatra pf. Am Tobacco. ... Am Tobac (B).. Am Woolen. . Anaconda...... Armour of Del pt. Asso D Goods. .. Atlan Bir & Atl. Atlantic Gulf... Atlantic Ref Atlas Powder Austin Nichols. Auto Knitter. .. Baldwin Loco. . Balto & Ohlo. .. *Bank of Com Barnesdall (A). Barnesdall (B). Rayuk Bros. Bayuk Brolstpt Beth Steel. Beth Stl 7%(n) . Brkiyn-Man Tr. Brkin-Man T of. Burns Bros (B). Putte Copper... Butte & Super. . Caddo Oil Calif Pack Calif Petrol. ... Calif Petrol pf.. Callahan Zine Calumet & Hecls Central Leatn. . Cent Leath pt Cent RRof NJ.. Cerro de Pasco. Chandler Mot. Chesap & Ohio. . Chi & Alton.. Chi Great W pf. Chi Mil & StP.. Chi Mil &St P pt Chi F'neu Tool. . Chi & Northwn. Chi R1& Pac Chile Copper. Chino Copper. Coca-Cola. . ' 103% 21y 30t 3 874 40% €07 Union Pacific. Un Alloy Steel. United Drug. - U S Cast 1 Pipe.. S Cast Ir P pf. Hoffman M Indus Alco Realty. Rubber. S Rub 1st pf.. S Steel. . S Steel pf U S Tobacco pf. . Utah Copper. . Columbia Gas Columbn Carbon Comp Tabulat. . Congoleum Co. ... Cons Cigar Cons Gas of NY. Cons Textile Cont Can Continental Mot Corn Products. . Cosden & Co Cqsden pf Crucible Stee Cuban-Am Sus. Cuba Cane Sug. Cuba Cane S pf.. Cuban Dom’can. Cuban Dom pf.. Cuyamel Fruit.. Davison Chem. . Del & Hudson D Lack & West. Dome Mines Douglas Corpn.. i s 5 5 2 1307 S 205, 88y 66t Vanadium Corp. Va-Car Chem Va-C Chem pf... Wabash. .... Wabash pf (A). Waldor!f System Western Md. Westhse EI&M. . White Eag Oil. White Motor. . Wickwire. .. Willys-Overld. . Wiltys-Overl pf Wisconsin Cent. 32 Woolworth..... 284 *0dd lot. STATE GIVES OUT NEW TAX RULING Levy Must Be Paid on Foreign Cor- poration Stock—Listing Not Required. 3l | Tiz 71 32 285 Eastman Kodak. Eaton Axle & Sp. Elec Stor Bat... Elk Horn Coal. . Endicott-John. . 281 Erie 1st pf. Erie 2d pf. Famous Players Fifth Ave Bus.. Fisk Rubber Freeport Texas. Gen Am Tk Car. Gen Asphalt Gen Baking. . Gen Cigar-. ... Gen Elec spl.... Gen Motors. Gimbei Bros.... Glidden. .. Goodrich. ...... Goodyear pr pf. Granby Consol. . Gt Northern pf.. Great Nor Ore. Guantana Sug Gulf St Steel Gulf St1stpf... Hartman Corp.. Hendee Mfg. Houston Oil.... Hudson Motors. RALEIGH, N. C., November 24— Corporations of North Carolina are not required to list stock in foreign | coroprations for local taxation, but | neither stock of this nature nor that {owned in building and loan associa- tions may be deducted in computing taxes due on “corporate excess.” ac- cording to a decision reached here by thte state board of assessment. The decision reverses that of a pre- vious informal decision. The previous interpretation of the matter was that foreign stock owned by corporations was not exempt at all, but the board {of assessment In its decision of to- day concluded that this constituted diserimination against the corpora- tions and that the phraseology of the statute relative to stock exemption should be construed to include both individuals and corporations. CHEMICALS DEPRESSED. Topheavy Stocks Continue to Hold Prices Down. NEW YORK, November 24.—Drug and Chemical Markets says: “‘Keen competition and generally topheavy stocks of chemicals continue to hold the market in a depressed state. Not only overproduction but excessively heavy imports of a number of chemi- cals bring a steady pressure on val- ues, although —prices have now reached a point where the slightest excuse brings strong resistance to further shading. “Another shortage of arsenlc is looked for this year, as demand for calcium argenate for boil weevil con- trol in the cotton belt is expected to be materially larger next year. Sodium prussiate, after a sharp de- cline resulting from a competitive fight between importers and domestic makers. has firmed up slightly. Bleaching powder at $1.25 is at the low voint for several years and well under cost to produce. —_—_— DRY GOODS STRONG. Upward Bound in Market as Week Closes. Special Dispatch to The Sta NEW YORK, November 24.—Cot- ton goods markets closed the week with an upward bound, reflecting the high prices in the raw cotton mar- ket. The 64 by 60 prints were quoted at 11%, an increase of % over Fri- day's figures, and the 68 by 72 at 13, an increase of a %. The raw silk market was qulet, with quota- tions unchanged. BAR SILVER RATES. LONDON, November 24.—Bar silver, 33233 3-16_per ounce. Money, 21, per cent. Discount rates, short bills, 3 3-8a3 7-16 per cent; three-month bills, 3 3-8 per cent. First practical automobile driven Indiahoma. .. Indian Refining. Inland Steel Interb Rap Tr.. Int Cement. In Combust E Int Mer Marine. Int M Marine pf. Int Nickel.. Intl Paper....., Invincible Oil Iron Products. Iron Prod ctfs. . Jewel Tea. . Jopes Tea. Kansas City S.. Kelly Spr Tire. . Kelly-Spr 6% pt Kelly-Spr 8% pt Kennecott. . Kinney G R... Laclede Gas.... Lee T & Rubber. Lehigh Valley. . Lima Locomo. Loews Inc. LoftInc...... Lorillard (P). McIntyre Por. Mack Trucks. .. Magma Copper.". Manhatn El guar Maracaibo Oll. . Market St Ry Marland Oll. ... Mathison Alkill. Maxwell (A). Maxwell (B). Mex Seaboard. Mex Seabd ctfs. Middle StOll. ... Minn StP & SSM. Mo Kan & Tex. . Mo K & Tex pt.. Mo Pacific. . Mo Pacific pf. .. Montana Power. Montg'y Ward. . Moon Motors. Mother Lode. Natl Acme Nat Biscuit. Natl Enamel. Natl Ry of M 2 Nat Supply... N Or Tex & Mex. N Y Ailr Brake. . NY Alr Brk (A). N Y Canners N Y Central.... NY Chi & StL.. NY Chi & StLpf. NYNH&Harttd. North Amer.... North Pacific. .. better or worse. “That's just it, bos: id Sam. “T Ehore did tell that pahson that I took that gal for better or wus. But. boss, gat gal Is wus'n I took her to be.” by internal force was that of a Frenchman and now is one of the most treasured exhibits in the Paris Museum of Arts and Crafts. Ohio Fuel Sup.. / THE EVENING STAR, | 88 fed ) steps which will cause | Parls, BOND QUOTATIONS | VERY IRREGULAR Week Closes With Liberty and High-Grade Rails Firm, But Quiet. BY GEORGE.T. HUGH Special Dispateh to The Star. vember 24.—To- day’s bond market displayed the sam Irregularity which has marked its course during the entire week United States government loans and high-grade* rails and industrials were firm, but showed no tendency to ad- vance. On the week most of the lib- erty loans are frattionally lower, and the same is true of some of the sav- g and bank railroads bonds such Atchison general 4s and Union cific refunding 4s. Pa- Foreign Buying Falls Off. Forelen buying, so pre in week's trading in th securi- s, seenl to have fallen off for the sent. At the time new issues brime quality ily absorbed his noteworthy in the face of the which many new offerings s 1 when syndi- cates withdrew supporting bids and allowed the market to take care of Investors seem to have confi- that a turn for the better in this respe were st On the we. been a remarkable recovery. were up more than four pe @ver the low of £o. wh the outlook for the tente between a [ Britain was been litt in pean issues, Caechoslov persistent heaviness Bolivia Bonds Weak. In the South American group Bo- | livia 83 tod; all the week., sold around the 1ow for the year. On the other hand there has been an advanc on the week of over s points in Mexican government issues, while the even more speculati bligations of the national railway up one to two points. All the Cul 5 have suffered subst 8s showing Activity in speculative rails lessen- in the latter part traders being disposed to t Roads where obligation test strength ine Line, s and Tex ranc these s and St. Louis ases the market was | simply recognizing the improve ncial position of the carriers re- 18 from record car loadings. New Ixsues Total $15.000,000, The movement of industrial bonds been mixed, but advances have predominated. Convert have gone up with their stocks. In sugar bonds Cane issues hav while among the the Vi lina kood ga Transit securit tter market. hut Hudson and ttan refunding s 5% have n and Chicago Rail : gied behing W financing this week was rijcularly large, the total b thout — $48.000,000. campared nearly $116,006,000 the week not ng with before PRODUCE MOVES AGAIN. Truck Owners | Dispute in York Adjusted. NEW YORK. between ders New svember 24.- Fruit and tion and ized ] ruck Owners ich used a tie-up at a Hudson river pie about 100 carload: ! vem: from Mai | sttled late ye : s agreed to the demand of the | truckmen that only the trucks of or- | ganized owners should be allowed to haul from the pie —_——— Brief and Effective. rom the Nashville Ranner. A Japanese who obtained a situation with an glish firm was asked to write a customer who had owed some money for a long time. “Write briefly,” said the “but let him understand di that we expect him to pay further delay.’ The letter was written and on th following day came a check for the amount due. ‘The letter ran thus: “Dear Sir—If you do not send at once the money you owe we shall be oblized to take you the ut- Respectfully The dis Produc Oria | th { i 1 cashier, tinetly without s most astonishment LIVE POULTRY HIGHER. CHICAGO. November 24.—Poultry —Alive higher; fowls, 13a19; springs, roosters, 123:; geese, 16; turkey i i CLOSING SUGAR PRICES. | NEW YORK, November 24.—Sugar futures closed firm; approximate sale 36,000 December. 6.04; March 4.91 May, 5.01; July, 5.13. FOREIG (Quotations furnished N EXCHANGE. by W. B. Hibhs & Co) nal Selling checks, gold value. today. Jasens 1o 97 1318 ‘108 it 193 0468 3 230 per trillion, 0434 0 London, pound. Montrenl, dollar: franc. franc mark. . lira frane drachma Mad pesetu. . Vienna, crown. Budapest, crown Prague, crown Warsaw, mark Copenhagen, crow Clristiania,” crown... Stockholm, erow: Brusse Berlin, Rome, Zurich, Athen . 0001 { 029315 (0000135 1730 By the Associated Dress. NEW YORK, November 24 —Foreign exchanges irregular. Quotations (in United States dollars)—Great Britain demand, 4.36%; cables, 4.36%; sixty- day bills on banks, 4.34%. France, demand, .0342; cables, .05421;. Ttaly, demand, .0432; cables, .0432%. Bel- gium, demand, .0467; cables, .0467%. Germany, demand. ' .00000000000020 cables, 00000000000020. Holland, de mand, .3804; cables, .3809. Norway demand, .1466; Sweden, .2623. Den- mark, .1752. Switzerland, .1747. Spain, .1297." Greece, .0160. Poland. .00000045. Czechoslovakia, .0256. ~ Jugoslavia, .0115. Austria, .000014. Rumania, .0050. Argentina, .31256. Brazil, .0890. Montreal, .97%. " —_— CHICAGO STOCK MARKET. CHICAGO, November 24 —Following is a report of today's sales, high, low and closing quotations at the Chicago Stock Exchange: High. Low. Armour Leather pfd 78 5. Arrhour of Del pfd Armour of Il pfd Commonw Edison Hupp Motor .. Mid %’fll prior_ lien Mid West Utilities Mid West Util pfd Hnntxnme% Ward. Stewart Warner. Bwift & Co. Swift Intl . Union Car & Car. ‘Wahl ....... 5 Yellow Mfg B.. 125 Yellow Taxi Total sales, 17,600 shares. s ——— In measuring land located in that part of the south once under French rule it was common practice to ex- press fractions of an inch in eighths. not in tenths, as is now usual. { | | 1 Clase. s 21 83, 12835 23 | Cuba 5%s ctfs | Dutch E16% ! Jergen U M 6s°'47.. | Queensland 6s. . | Ud Kingm 6%s'37. 2 | Central Leather 53 { Mexican Petrol 3. | Sharon St1 H Ss. {Union B.3 & P 6s. | Wickwire Spen 7 {trading was not large as the present Received by Private Wire Direct to The Ster Office. (Sales are in $1.000.) 1 UNITED STATES BONDS. (Fractions represent thirty - seconds. xample: 98-3 means 98 3-32.) Sales. Low. Close 86 99-21 99-22 1 98-2 20 98-2 128 98-2¢ 32 99-2 306 98-3 4 99-18 Lib3%s...... Lib2dds..... Lib 18t 43 Lib2a4xs Lib 3d 435 Lib4th4%s US4%s1952. . Tow. Close. 102 102% 97% 98 96% 99 8414 5% 79 95% Argentine 7s. . Belglum 7% Belgium 6s. Belgium 8s. Bollvia Ss. . Bordeaux és Brazil 7s. . Brazil 88 Brazil T%s. Canada b= 1926. ... Canada 5%s 1929, . Canada 5s 1931 Canada bs 1952 Chile 83 1946. . Chile §51926.. Chile 8s 1941. Chile 7s 1943. Chinese Gov Ry 6s. Christianta 8s. Copenhagen 5% 98 96% 99 g 5% 991 99% 100% 100% 99% 99% 99% 99% 104% 104% | 103% 103 s 16% “46% 106% 106% 1 Czechoslovakia 8s. Denmark 6s Dutch East I ) 5 i Dutéh East I 6s'62. | French Govt 8a.... H French Govt 7%s.. | Haiti 63 Ttaly 614s 192 Japanese 1st 4%s. Japanese 2d 4%s. . Japanese 4s. . Lyons Gs... Marsellles 6 Mexlico b Mexlco 4s. . . Montevideo 7s. . Netherlands 6s.... Norway 8s........ 11 orway 6s1943.... 32 | orway 681952.... § 93 Orfent Dev deb 6s. 4 Paris-Ly’s-Med 6s. 21 Prague 7%8.... 3 9 Queensland 7s. 100 | B8 | B9% 941 964% 984 | 100% B8% B9% 944 a6 A8t 8215 66 66 | Rio de Jan 88 1946. o de Jan 85 1947, Rio Gr Do Sul §3 a0 Paulo.City,Ss. . Sao Paulo,State.8s. Seine, Dept of. 78. . erbs Crotes Slo 83 1 wiss Confed Ss. Ud Kingm 5168 °29. 17 | 3 1 107% 107% | 1 100% 100% 1109 109 MISCELLANEOUS, Afax Rubber 8s... 3 Am Agr Chém Th%s Zurich $s. nen, n {Am Chainsf 6533, Am SmiIt&R 1st §s. Am Smli&R 6: Am Sugar Ref 63.. AmT& Tcltrbs.. AmT & Tcltrds.. Am T & T deb 51gs. Anaconda cv db Anaconda 18t 6 Armour & Co 4328 Armour of Del 5%¢ Asg0 O1l 65 rets Barnsdall s f §s. Ep -t d ! Bell Tel Pa 5s Beth Steel 5 Beth Steel pm 58 Bklyn Edison 7s D Pete 618 w i Cerro de Pasco §3. . Chile Copper 6s Commonwth P Con Coal Md 1st 63 Cuban-Am Sug Ss. | Cuba Cane cv d 8s. Cuba Canecv 7s " Dery (D G) Ts. Det Edison ref €s.. Du Pont de N 7143, Duquesne Light 63 st Cuba Sug 7%s. Empire G&F 1%3.. Fisk Rubber §s Gen Elec deb 5s. Goodrich 6348, ... Goodyear 85 1931... Gocdyear Hershey [llinois Bell Ist 5s. Indiana Steel 5s. ... Int Mer biarine 63, Int Paper Ist 5s A. Int Paper 1st §s B. KCP&Lt5sA’'s2 Liggett & Myrs 53. Loriilard (P) 7s... Manati Sug st 7143 Marland Oil 7% Marland Oil 8s "31. Tel 1st 5s.. Midvale Steel 5s ct.. Morris&Co 1st 4% ew Eng Tel 5s... Mic Nor States Pow Nor States Pow 6 Northwst B Tel Otis Steel T%s.. Otis Steel 8s.... Pacific Gas & El 6s Phila Co ref 6s A.. Pierce-Arrow 8s. Producers & Rf Ss. Producers & R §s w Public Service 58. . Punta Alegre 7s. .. Sinclair Ol 78..... Sinclalr O1l 6%s. .. Crude Oil 5%s. Sin Crude Ol 6s. .. Sin Pipe Line 5s... Steel & Tube 7s. Tenn Elec Pow 6: Tobacco Prod sf 7s Toledo Edn 18t 7s.. 87 96 95% £0%4 10214 93 107% 106% 951 84 1033 102% 88% 94 8314 68% 103% 1075 109% 88 94 101% 934 93% 80% 108 93 1077 106% 9514 8414 103% 102% B8% 94 854 70 1035 10744 109% 88 943 1% 93% U S Rub 1st rf bs. U S Rubber 7%s. USSteel sf s.. Utah Pow & Lt bs. Vertientes Sug 7s. Va-Car Chem 7s... Va-Car Ch 7%s w. Warner Sugar 7s.. Westinghouge 7s.. West Union S3%s. Wilson&C cv %s. ‘Winchester 4.7%s. Youngstn S& T 6s. 1 FIRMNESS IN WOOL. Foreign Markets’ Strength Is Re- flected in United States. Special Dispatch to The Star. BOSTON, November 24, — The strength of the Australian and South American markets had a decidedly firming effect on the Summer street wool market today and some spinners gave evidence of a desire to provide | for future requirements. Volume of range of prices has strengthened the position of holders and confirmed dis- inclination on the part of growers to release their clips at preserit. Medium grades of territory wool continued to be the feature of the market with prices showing a ma- terial advance over a fortnight ago. PARIS MARKET QUIET. PARIS, November 24—Trading was quiet on the bourse today. Three per cent rentes, 55 francs. Exchange on London, 80 francs 75 centimes. Five per cent loan, 71 francs 25 centimes. _The dollar was quoted 18 franes 381z .centin | Central Pactfic 4s. | CM & Puget Sd 45, | Market St cn 6 | Pennsyl gen 43, | each thr RAILROADS. Sales. High. 88% 79% 96% 80% 10¢% 83% 84 % 95% 67% 854 86% 1% 8% 92 100% B6% 89% 87% Bi% Atchison gen 4s. Atchison adj 4s. . B&Oprinid B & O gold 4s. B&OG6s... B&Ocv4ls. B&Orefbs.... B&O PLE& WV 4 B& OSW divays Bklyn-Manhat 6s. 287 BKIR T 7821 ctst 1. Buft REPItt 4%s. . Canad North 6% Canad Pac deb 4; Car Clinch & O 5s. Cent of Ga 6s. 5 6 0 4 7 6 2 2 2 Ches & Ohlo cv Gs. Ches & Ocv4ls. . Ches & O gn 4%s., Chi & Alton 3%s.. 15 Chl B&Q gn 4s'58. 2 Chi B&Q 1st rf 5s.., 11 Chi& ENlgnbs... 5 ¢hiGreat Wast 4, 20 Chi GrWest 4s (n). 23 6 ChiM&StPrfdys 1 Chi M&St P cv 6 Chd M&SL P 4x 25 Chi M&S P cv 4%s. Chi M&St P 4s'34. . CM&StPen4 (‘hl&.\:w;:..“%'! Chi Rys 5s. " 28 1 ChiUn Sta 4%s. .. Chi& W Ind cn 4s. 1. Chi & W Ind 73%s. . Cleve Term b Colo & Sou 4%s. Cuba RRSs....... Del & Ha 1stref 4s. | Den & Rio G cn 4s. United 4%s. Iirie 1st con 48 Erie gen 48 Irieconv4sA.... fe conv4sD.... Trunk sf db 63, Grand Trunk 7s, .. Gr North gen Ts ir North gen 5148, Hud & Mar ref 5s. Hud & Man aj 5s. . Int Rap Tran 5s. ... Int Rap Tr 5s stpd. Int Rap Tran 6: { Int Rap Tran 7s... 50 Int & G Nor aj 6s. . Int & G Nor st 63. Towa Cent 1st 5s. Kan City Ft S 4s. Lake Shore 41 ‘31, Louis & N uni 4s... Louls & Nash 7s. . Louis & N 55 2003... 14 96% M & St L 1st rf 4s. MStP & SSM 6%s . MEK&TprinssA. 101% 78 €4 94 5314 51t 823% 7i% 105 5 59 35 67% 1% 60% 10%% - 282 - 85 ex & M in 6s. 24 ent gen 3%s. 11 ent deb 6s.... 22 ¥ Centr!5s. w Haven c d 63 New Haven d 4s 57 New Haven 7s fr. New Yorz Ry aj N Y State Ry 4%s. Norfolk & W cv 68. Northern Pac 4s... Northn Pacr 1 6s.. Ore Short L ref 4s. Ore-Wash 1st rf 48 Pennsyl gen 68 Pennsyl 6158, | Pere Marq 1st 5s, Rio G West cl 4s. . St L IM&S R&G ds. t LIM&S4s ‘23 tL&SFpl4sA.. S F inc 83 ab'd A L ady5 cab’d A L con 6s.. 1 Pacific 431929, | Sou Pacific ref 4 { Sou Pacific clt 4s. . outhern Ry 1st 68 outhern Ry gn 4s. Southern Ry 6%3s. South Ry, dv 6s wi. Third Averef 4s Third Ave adj 5s... Union Pac 1st 4s Union Pacev 4s.. Union Paccv 6 Union Pac 1st rf 55 West Shore 1st 4s.. Wisconsin Cent 4s. MUST PAY IN ADVANCE. |Standard 0il Loses Rent Case Appellate Court. NEW YORK, N ard 0il, like any tenant, must pa re on Broadway in adva Th contention of the mer k. Smathers, terly rent of $62, advance a of ths. November 24 t e on at the ninety-nine The comp dvanc “in adv the le Origin of Earrings. From the Popular Mechanics Magazine. The present earring craze is a re- crudescence of a fashion which dates back to earliest times, men as well as women being swayed by the customs, especially among orientals. Tarrings were worn by both sexes among the Persians, Babylonians, Ly- They were the Greek women a Hera in the Tliad down to Venus are pierced for the reception of earrings. of very beautiful heen imitated in modern dians and Carthaginians. always worn by frc de Medici, whose ears Egyptian earrings In England earrings were worn by the Romanized Britons and by Anglo- tenth century they went out of fashion in Europe, not to be reintroduced until the six- writing Saxons. After the teen centur Stubbs, 94 51% 8214 744 104% 94% 587% 344 67% , WASHINGTON, D. C, SATURDAY, NOVEMBER 24, 1923. [ox v onx BONDS o et ] 88% 79% 96% 10% 100% 83% R4 7% 5%, 674 854 86% 11% 8% 92 100% 864 89 874 £4% 32 85% 98% 77% | 48% | 45 51 50% | 65% | 69% ( 55% 1% 77% 106% 74 74 90% | 1% | 103 | 94% 81% 83% 83% 66% £5% 39 88 68 73% 924 89% | 104% | £6% 2% 1% 60% 105% 8215 | other New its home appeliate court has upheld the company’s landlord, that the 00 must be paid in | The lease is for had refused to make ments because the words i been omitted from Queen Elizabeth’s day, says: “The women are not ashamed to their ears whereat they hang rings and other jewels of make holes in gold and precious stones:” Seafaring men, 521 45 90% 957 103% 99% | 79 T4 | in and- | York quar- end of Many in | 2.60; | bushel | oves FINANCI AL, Grain, Produce and! Live Stock WHOLESALE MARKETS. Live Turkeys were very much in evidence this morning, shippers get- ting their stock here for the Thanks- Eiving holiday season. Tomorrow local dealers will begin killing, and dressed stock will begin to be moved Mond: Weather conditions may prove an Important factor in the matter of Thanksgiving prices. Large ship- ments are expected early in the week. and dealers feel certain prices will be lower than they were a year ago. There was a plentiful supply of rabbits on hand this morning, and the demand was faitly good. Prices ranged from $2.40 to $4.80 a dozen, Dealers expect the demand for rab- bits the coming week will be brisk, as the game will be in demand by many persons who will not pay the price charged for turkeys. Eggs—Strictly fresh. selected, can- dled, per dozen, 58160: average re- ceipts, 56; storage, 35a36, Live poultry—Roosters, per 1b.. 1 turkeys, per Ib, 36a37; spring chicl I ens, per 1b., 21a young, each, 60a70; fowls, per 1b., 2 Dréssed ' poultry spring chicke € per 1b., 28a30; hen or 1b., 40add; k each, 80a85; roosters, per Ib., 18. Game—Rabbits, No. 1, per 4.8026.00; No. 2, 2.00a2.40. Live stock—Calves, choice, per b, 12; medium, per lb., 11; thin, per Ib., $al0. Lambs, spring, per lb., 13. Live . 3.0045.00 each; live hogs, per b — Fresh - killed ;. roast- 1b., 23; young, dozen, frults—Apples, per basket, 50 per barrel, 2.50a6.00. Califor- nia oranges, per crate, 6.00a7.00 Florida, 4.00a4.75. Lemons, per bo 2.00a4.00. Grapefrult, 3.00a4.00. Cran- berries, 5.0046.00 per one-half barrel Grapes, California lmperos, 1.75a2.00. Vegetables—Potatoes, N a2.50; No. 2, round, ‘per bag, 2 potatoes, 3.75a4.00 per bbl tuc crate, 1.0 4.00a4 Potatoes, sweet Southern per 50; nearby 1 1 northern, by, bushel bask southern, washed, York, 2.50a4.00; Cal 16.50. Squash, 3.50a4.00. crate, Florida, 4. per bl 3 N fornia, 6.0 Peppers, per Kale bbl., Beans, per basket, cucumbers, per Carrots, 100-1b." sack, 100 1.0 November Potatoes, white, 541.75; 150 pound and yams, barrel, Beans, hushel 1025.00. Broco! (Special). pounds, sweets 0024.00. Kal 50; sggplan bushel, 2 1.00. Onion Oysterplant Peppers, basket, 10.00a215.00. Pa Spi ch, bushel, ushel, 2.0023.00. ; 3 . Squash, crate. Tomatoes, erate, 0. 40. Apples, packe S0al box ba 13.00. Oranges, ears, bushel, 1.00a Pineapples, crate, . Turnips, ., barrel, 0at.5 100 1.00a1.25; a 2.50. Cranberries Grapefruit, apples, Selling Prices on Grain. Wheat—>N red winter, 1.09; No. i 2 red winter, 1.07; export, 1.08% ter.” garlicKy, spot, winter, garlicky, spot, Sale e Corn—Cob, new, 4.20 yellow; 4.05 for white 2 corn, spot, mo corn, yellow, No. spot, : red win- 1.04; No. 4 red 1.01. for No. and 4 per bushel; quotations; track 3, new, no quot ales—None, Oats— white, new, 62: No. 75a83; No. 2 rye, spot, ay—Roceipts, 65 tons. The pref- erence in buying hay is for small bales in good timothy and light clover, mixed, and strictly No. 1 clover, of which sorts there isl no upply. Heavy baled hay, how- ever, is freely offered and such has to be discounted for sale Quotations timothy 0 per ton; 0225.00; 0224 3 lover mixed, 1.00225.00 T per ton; No. 1 16.00; No. 1_wheat at. 14.00a15.00. A reduction of cents per bar- rel on all city-milled brands of flour was announced this morning. : No. 2. 22.00a23.00; No. 23.50a24.00; No. 1 elover, 1 straight rve, 2500 tangled rve, 1 13.00a14.00; No. 1 DAIRY PRODUCTS. BALTIMORE, Md. November (Special).—Live pouliry—Turk pring chickens, 20; leghorns, 5: old hens, 15a20; leghor 24 1 native southern, amery, good prints, 54a36; nearb: creamery, 46: ladles, 34a35: 28a32; dairy prints, 28a32; process butter, 38a3%; store packed, 28. and nearby 54a56. to faney firsts, doz.. Butter. per Ib. 50a54 | point of the ftwely 7.06a10.00. | RESERVE RATIO NOW NEAR YEAR'S TOP Stands at 77.1 Per Cent. Cash Reserve Also Up. Trading on Loca! Exchange. The combined federal reserva ratin stands at 77.1 per cent, the highes: since September 19, and within .8 of 1 year's high record. Las year's high for the combined nati was 80.4 per cent. The of the system now stands at $3, 881000, comp: with $3.208 a week ago, and with $2.213.652.0 ear ago. The fact that ¢ re practically unchang ago is mainly the tem's poliey of for into circulation and tion of earrving an increa tion of gold for reserve out that three cent of cash r tem cor a silver, ete. N cent of totai Total cash reserv. from a result of the 1 incomin partly g0 refle £ propor is pointe shout 8 pe d by the tender about other 1 sery of s he or reserve ns during the 1 n volum ast weel aggre cent ago Na The Nort declared it dend on the either 50 in stock s dishurseme figu L American Dividend. preferre ord Decent irent equiv r arket lures.s In cont dbereas failures h [th t to last wee s ne in w is an orted i than the Aside from the sout the country show 3 week than last inerease being in the With the larger solvencies, those involving more of Tiabilities i increased this week This is equivalent of the total of all | the ratio last k. 225 simil faults, cent. A W nsoivencics e of nirty-four m st week, but ; ;g . § n 15 re tions ¢ d taults th more he largest te of in- W Trading on Trading again « the minimum | un ¥ sessic | change Exchange. n changing trend bei Light itad T ADVANCE IN COTTON IS SLOWER TODAY Evening Up of Week-End Accounts Quiets Down Trading. Assoviated Drese NEW YORK. activity and excitems week followed market in cotton her part of the to the furthe | for over t {tion for po Monday. irregu steady at an a | December, but g [1ower in Liverpool cablc Houses with were bu - wer ade in market held 30 for Dec March, or about lower. it of the by today. was ear were a quieter A go busine P of account 1 or in prepara Decem evening week fluctuations we opening w erally te £ 10 points 7 to 16 poir nectic wh locu roun: .r“.'[\ !.‘14 i NEW ORL Poor cables of about 2.500 bales of December t ders caused a drop of 12 to in the price of cottoy in half hour of the 1farke December was t point the firs t toda CHICAGO LIVE STOCK MARKET. CHICAGO, November 24 (United s Department of Agriculturc).— ttle—Receipts, 1.000 head: com- pared with week ago, fed steers and arling 35 lower; top ; weight steers, 11.50; handy 12.00; vearlings, 12.50; vealers, 50 to 1.00 low buils_and stockers and feeders, cents higher: bulk prices Fed steers and yearlings, butcher cows and heifers canners and cutters, Z.50a ealers, 8.00a8.75; stockers and feeders, 5.25a6.75. Sheep—Receipts, 1,000 head: choice natives and fed westerns, steady at 1250; for week about 8,000 direct; compared with week ago, fat lambs and sheep, 25 cents lower; yearlings, cents lower; feeding lambs. 5 cents off; top fat lambs for 12.60; top western feeders, 10 to week, 12,50, Hogs—Receipts, 13,000 head: fairly active; steady to strong; bulk =ood | and choice 200 to 300 pound butchers. 7.00a7.25 7 desirable 160 to 190 pound a 6.6026.95 ing sows, 6.50a6.75; desirable weighty slaughter pigs’ around 6.25; esti- mated holdover, 4,000. TODAY'S CHICAGO PRICES, CHICAGO, November 24 —With especially of the southern nations of Europe, have re- tained the use of earrings in the form of gold hoops. commonly They have of course, always found favor with the women. ‘Wasted Energy. From the Argonaut. The steamer was only a few feet from the quay when_there was a sudden commotion and a man came running madly from the dock gates, shouting to_the officials moment. Without pausing to walt a in his stride, he flung his bag on the boat, took a desperate leap and landed on the deck with a crash. “Good!" he gaspe sisted to his feet. as he was as- “Just did it. A few seconds later and I should have missed it.” “Missed it explained one of the ‘This boat is just com- Law Was Obeyed. From fhe Boston Transcript. “Just think, it was against the old blue laws to kiss one's wife on Sun- a | . “That so? “Dunno. husband brought up ou the charge W ‘What was the penalty?” ever lower quotations at Liverpool and with selling here on the house with corn connections, the wheat market showed a downward tendency today in the early dealings. Washington reports of opposition to new, credit schemes of financing e ports of American products to Ger- many counted also as bearish factor. On the declines, however, buying in- creased and the market soon steadied. Opening prices, which varied from unchanged figures to % lower, De- comber, 1.02% to 1.02% and May, 1.08 to 1.08%, were followed by a mod- erate general setback and then by a reaction. Corn and oats were easier with wheat. _After opening at % off to 3% up, May, 72% to 72%, the corn market showed some loss all around. Oats started unchanged to % lower, May, 425, and later held near to the initfal range. Provisions were sustained by firm- ness of the hog market. TRADERS PREFER FOOT BALL. NEW YORK, November 24—Ab- sence of many traders, because of the big foot ball games scheduled, was reflected in the dull trading in to- day's bond market. Recessions pre- dominated throughout the list, with the exception of United States gov- ernment bonds, which recorded slight improvement. A jump of more than two points by Virginia-Carolina Chemical T%s with warrants featured the trading in industrial lens. # part of al and fell to 45; ] down to 34 Murket that some of the lar here were stopping | notices, | Futures closed ste [of 8 to 1S points. the Decembe i | ¢ at net losse | 34.45; 476334 | 8418 TREASURY CERTIFICATES. (Quoiations furnished by Redmond & Co.) Rate—Maturity ia 100 1% 1009, Do 415 December’ 15, 143700 100 —_— BOSTON STOCK MARK TON, No —Pol lowest a most a mher ¥'s highest, prices for the dealt in here: American Tel. & T Arcadian Cons .. Roston and Aibany.. Roston Elevated Calumet & Hecla, Copper_ Runge.... Davis-Daly Low. High 1 1241 Edison Island Creek.. Mass G { North” Bute Quincy Shoe Muchine. . & Co. Tuolumne Ventura OIl.. Waldorf Walworth Warren Brd BUTTER HIGHER TODAY. CHICAGO. November 24.—Butter —Higher; creamery extras b1: stand- ards 471, Extra firsts, 48a50; firsts 44a46; seconds, 41212, Eggs, unchanged; cases. receipts, 2,958 WEEKLY BANK REPORT. NEW) YORK, November 24.—The actual condition of clearing house {banks ana trust companies for the week shows an excess in reserve of $10,108.530. This is a decrease in reserve of $15,628,960.