Evening Star Newspaper, December 17, 1923, Page 26

FINANCIAL. THE EVENING STAR, WASHINGTON, D. O, MONDAY, DECEMBER 17, 1923, FINANCIAL. RAILS ARE WEAK: [~ew York sTock. ExcHANGE | ACTION OF RAILS ‘IEBONDS@E Grain, Produce and|BANKC PP B} ANK@ Reccived by Private Wire Direct to The Star Office Received by Private Wire Direct to The Star Office. i < | i Open. High. Low. Close. R S ki { A EmoADe g ) . UTHER SHAR[S GAIN {Adv Rumley. 81 8% IntTel & Teleg. 68 G5 o8 63 UNITED STATES BONDS. S, High. Tow. Close. | LOCAL w'llu“E!All‘E 3 nmxs ) | Atr Reduction. 67% 67 |lovincibleOil... 13 14% 13 14% (Fractions represent thirty - seconds. | Atchison gends... 28 87% 86% 874 e i i . Ajax Rubber... 8% Lowa Central... 2% 28 2% 21 Example: 98-3 means 98 3-32.) Atchison adj4s.... 2 80% 4 80% (30 to 35-cent market on turkeys for Alaska Gold. Y 0*-;ll’unl’roducls. 52% bl%: Bl Sales. High. Low. Close ::::::‘k‘g;.‘lls; is. 27',.. :7% Christmas holidays. These prices, 3 i Allled Chem. 70% | Jowel Tea P . = Lib3%s 46 99-20 99-28 909-28|AtlanticCLelds.. 17 82 2 | they added, should give a retail mar- ; Y ses 18% 5% . o = ed, should give a retal Sl 0il Stocks Reach New High|auischaimers.. Ay JonoLTe ik 19 151 Situation in Congress Has!Libisizads: "2 o8 98 597 90w 97 | e is cent. Many turkeys | RETUTNS to Show Increass’iit o8 13% ] o] - L = 82 81% A% Aar Cham, . | Lib1std¥s.. 278 98-16 98-13 S8-14 101 " 100% 100% |aTe being received from nearby Mary- i Am Ag Chm pf.., 41% ' Kansas & Gulr.. % , : 3 % 12 98-12 4 . S 408 ha Ground—Coppers Active. |47 3e Cum e s A% Kaneascivn s 1 1o 1en 1e| Depressing Effect—Prices |Libidi%s-.- 200 Sa1t 372 Seo 2% 8 |land ana Virginia, and snipments| Funds—Trading on'Ex-? Am Bosch. .. 37 | Kayser (Julius) 851 85% | Lib 4th 43¢s.. 725 98-16 98-13 98-16 S 82 |from other states also are expected French Francs Drop. AmCan.. 106 | Kelly SorTire. | s a2l Hold Barely Steady. UB4us1053] 214 9019 8917 99-18 | PEOTLB&W Vs, 2 % 78| Lower prices on chickens also pre- change—Notes. AmCanpf 0 | elly-Bor 050 b % T D i B&O Toledo 4n- . 3 67 | valled. Rabbits are still plentiful and > i S Am Cot O ctrs. | 1 » | Kennecott. ... B4% 4% Sees. High. Tow. Close. | BKIyn-Manhat 65. 369 T0% 70% |cheaper, selling”as low as $3 a dozen. BY STUART P. WEST, Am CotOpf cttn ll{e-ymum'l‘lrr,, 2% BY GEOR: T. HUGH Argentine 7s...... 19 102% 101% 10244} adian N el z 1 trictly fresh eggs this morning | Blauks for reporting the concluding Special Dispateli to The Star | Am Druggiat. Kinney GR..... 59% Special Dispateh to The Star. Austria7s..... 87K T T | Tt e 1107 | 5014 as low as 48 cents. The choicest [Statement of condition of banks fo %\ 97% | Canad North 63%s.. 7 7 110% | R : 5 : | 5 m 75 2 a7 s, . 4 L ot 4 D B i e daciheiae e by oo sty I IR g:::mm Tks.. 29 312 q;_: gé:‘: Canad Pac deb 45, . 41 7 78% s were quoted at 52 and 53 cents. |the Dresent calendar year were 1 den break of 3 points or so in Union | AmH & Leath. . Lee T & Rubber, Ko 14% bond market was barely steady today.|Belgium 88 Son 975 97% |CarClinch & O5s.. 2 % 92% |Dealers think the top price on eggs |c¢ived by local institutions this mors Pacific was one of the conspicuous |Am H & Lea pt. Lehigh Valley. 60% Uncertat 3 X g i Sl 09 109 109 |CarClinch & 06s.. 7 95% | has S and look for a|ing& Tne form does not difter f a 8 B | Am Internatl. 2 ‘ Lima Locomo. .. 65 66 ertainty as to the political situa- |Bern8s......... 100 . '8 86w |Central Pacific 45 864 | S S o | ¥hs preseing one, and contoii incidents of the day in Wall S Am La France. . Loews Inc. ... 175 tion in Congress had a depressing |Boliviag8s...... 86% B0 57" |Ches& Ohiocvss.. 89% L5 9ney R84 oo It had nothing to do with earnings, | Am Linseed. ... 5 T% 17% | Loftine. ..... find | effect upon the speculative rails. | Bordasuxes. .- T Ton 8% &Ogn4%s.. - 84% $ h, . for these are running at the rate|AmLinaeedpf.. 34 Loosr-Wilex. .\ g2 The weakhess In Union Pacific | prasil ga, 5 e 95" 9ow |Chi & Alton 3. .. y et S PR [Revingiletler; Rowaver, Comptrole of 131 per cent on the Stociy a8 :'"{Offlmnllv- :':“’"fl&"’ P). tock on the exchange aiso had am |BrastlT%s.. ... 96 96 96 & Alton 3%s. .. 3 LAV poulterEtooaters, per 1b,, 16; | DaWes suggests that rec for 1 against the 10 per cent faena, | A Lot pE. T ome d-Nast. . 2 unfavorable effect. although, of |Canada 681926 995 99% 99% | Chi B&Q gn 45758, turkeys, pe spring _chick- | porting information asked for in t One theory was that the decline Was | 4 Raaiator. .. iy e e Bor.. § o course, not shown in the Union Pa- |Canada 3%s 1929 101" 100% 100% | Chi BAQ Lat rf bs. . : G A % Beats sous each, [report of June 30, 1923, be matntain : g jud Radiutor. .. 9% | McCrory Stor pf " s B : ada 5 99% 995 ¢ I Il gn 55" 9 77 owls, per as this info on will be T discounting @ new bond issue. The [Am Safe Razor Mah T O 9 4] cific's own lsts, where all the Issues | Ganags 28 1931 - Froatis *hi Great West 4s. 6 5 Dréssed poultry— s e il other view taken was that. like the |Am Ship & Com. T | ol Tia ok 1ot 9. 894l ext 6n a high investment plane. | Ghile 851946, .. . 1 1 Chi Grivest 45 (n). S 8 Washiiiion fae Pennsylvanin case @ few weeks ago, | AT Smelting. 4 Magma Copper. . ¢ St. Paul bonds were the chief suf- | Chile s 1926 & Luget 30da. 3 ; : erh e e, gonerally t was liquidation of a remnant of Snoeer 9 Mallinson & o 3 ferers. The 4s of 1925, which made | Chile 851941, . CMM &St Pridya 43 6 SGas5: agreed that an increase be shoy s .. “ Manhattan Eley a new low record just before the |Chile7s 1943, % v hiM&SE P ov Ga. . 227 for the pending call, which will un ! Manharn 12 guar e on Saturday, w®old around or|Chinese Gov Ry 5s. Chi M&SE P 45°25. b 3. : No. 2, 1.25a1.50 doubtedly be dated as of the end of the British government and used as|Am Sugarpf... Manhat Sbirt, . ust above that point today. The|Christiania $s ChIM&S P ov 4358, stock—Calves, choice, per Ib, the present year. While large sums collateral for American loans. \ iu:n;";.‘. o 2 g Maracaibo Ol . nvertible 4l.s were active and | Copenhagen 5348, . " ‘h‘I MESE P 45 " 3 123 medium, per 1b., 11; thin, gfl-b}u of goumse. have been expended i " ¥ o1 & Teleg. b -4 2 - ower. The general mortgage 4s made | o ~ . CM&StPgn 4155, 8210, Lambs, spring, per Ib., 13. Live | meeting the requir. of Y Oil Sharex Go Hizher. Tabacen. e on, ) A new low for the year, while the |CGubsbiesctis..... CRI& N W 63es 5 o | DS, 2000500 eneheiive hogs, per b, | tide, it is expected that these sur There was nothing new in the Am Water Wia : Ry | keneral 4145 were steady. Erie honds | C*echoslovaklu §s. Chi & N W 75 2 ¢ 3 Saiehelsentinag 1 find thelr wa situation over Sunday to stimu Am W W Tt 9 il "::L- 3 % 247 | were dull but firm. b Denmark s I Chi Rysss. .. 1 fruits—Apples. per bn;k‘-t, lm‘k into the suflicient time S e e : ¢ Wuxwenl (B £ i Liberty Bonds Firm. Denmark 6s. .. ¢ {CHIRT& P gn 4. : Be N el L Sene L repuets e D e e Tove | Am Woolen { iay Do Stores : 4 High-grade investment issucs were | Dutch E15%s. 5 6 ChiR 1 & Pac rf 4s o0t ais, per Nox |asarts o bankine Tt oy Siith o turh was hased upow| M Woolenps +. | Met Bdison pr s o ¥ firm and perhaps a little | Dutch East I 65'47. 9 1ChIT H & SE 5s. Granateult, 300a3:80; Crans | sount of Treasure denseste s ians awiiieh in turn was based upon | 23 TG D 4 1% | rex Seabarns . 9 than recently, — Liberties | Dutch East I 6s'02, 4 94 Chi& W Ind cn 4s. ien. B.00%6:00 nev ope-half barcel { from the sale of woveram o SIs0E the oil companies will teap | AM Zinc & Lead 5 Mex Seabe otfs. to fractionally higher. | Framerican 7%s 612 | CCC&StLre 6s A a 2.75a3.00. " | while amounts disbursed in payment e e ey rise il Avutonns.z ). us 3 Miami Coppar loo. the market is marking | French Goviss... . {Cleve Term 53s.. 2 % “s—Potatoes, ! 258 of income taxes will he more than B e on oy mths have ] AamoncaAtDALpE Middla St Of1. .. b e Dending the doclslon as o tax | Brench Govt 1%s.. iCleve Term 5s. .. .. 2.50; No. 2, 100150, Pétatoes. 'round, | offset by merchants’ deposits of ex in great stores of low-priced | Arnold Constab - Midvale Steel . eomption aucrauy the Sonus e | Haiti 6s.......... {Colo & Sou 4345 . Dtat00 oy weet potaloes.|tra moneys. primarily Chris erude which would return them hand- | Aeeo D Goods Minn & St T, . - ancial community belleves that the | g jland-Amer 6s. . 7 Sl 5.5026.00 per bl Southern lef » | bonuses, expended during the mont grade wiieh wou R A Dot P iy L bonus will be eated and that |0 M0 RSS Det United 4%s § per crate, 1.00a2.00: nearby, 50al.0! It is expected the call will be issued omely were the oil market to o | Asso D G ls nn Str Jponus g A 6168 192 S 81 8 crate, 1.00a b s expected the call will be 1ssuec back ‘over even half of the ground | vssoctated Oil. i [fies Wil ho nefVchi Bt ithis be- | vipnienn i i stopndn . ebere, 8.50a4.00. Cabbage, northesh | some time during the first week of 1ot since. Wabrusry. Nearly eve it 5 Min StP&SSM pt {lief has not yet beeh refiected in | JAPANSSS 1. 4 8. | Erie con ext7s. et L e s the new year. e 5 D chis i - Mo K | the inv. nt market. A flood of | JErEen UM 6s 47.. o Srie gen 4s ibl. Tomatoes, Fiorida, .00 year, agtive member of the ofl group < 1d | seehicon of. .. ) heTa | Rew Tasnca te expocted atter the new | Laon 6s 2o % 7% 7ToalpneSende - Aoutne St S P asee Wkl b S " el Atlan Cat Line. Mo Pacific. . k year » Marseille 6 |Erte conv4s B, .. bask 3.00: ) Secretary Mellon today announced nt movement . b moven 2 e enndura | Atlantic Frult. Mo Pacfleoe | | Among the indutsrials the Virginia- | Mexico 5s. - % | Erfe conv 45 D shed, at the total amount of subscrip den, Sinclair. | the Standard | 4tantic Frul YoPacitont... 2a% 28% | Crolina Chemical 755 with warrants | Montevideo Ts. .. .. y |Gr Trank uf aboa." T 50a4.00; tions received for the two issues of Atlantie Gulf. . 2| Maon Motors. . “ihad @ sharp advance apparently on |Netheriands 6s. and TanliTe O - Peppers, Der | Treasury certificates of indebtedness AN Gulfof.. ... B | othet roa 2 the bellef that the prospect for the | Norway 65 1943... North oo o 22 : S b o was §$1 0. The total amount rican Can Active. MGt 5 e " rtilizer industry was brighter. Cen- | Norway 65 1952, ... rthgen 7s. . 4004300 i 1 " of subscriptions allotted was $348.- M sin ear ! tra p- ) or! gen Spin v b 2.50a3. 2 5 v] p There was a close relation between | Aq) Refining pf. Tupsinewes 23% tral Leather 55 and Plerce Arrow 8s | Orfent Dev deb 65, R e e B OoH I e ey 4 50u5 00, Car: oL mnioh SIOBAB0L00. repts- i 15 3 ishel, a5, 2 ents on subscriptions for the extraordinary rise in Corn Pre \uetin Nichols. Nash Motor: were both higher. Paris-Ly's-Med 6 3 b se ne o s g arls 5-) . e Ma A 5 rots, 100-1h. sack, .50. Brussels 25 8 and the equnlly seriking demon- | (10 Tnicter. . s | Xash Motors ot Today's New Bonds. | Prague 7%s 5 (Ded & Man AL Eprouts, 10420, Puen JIeNEy sorf e msughis - anieriony L4 oo - 5 tl Acme. . | Among the new isues were $4,000.- Teh i & il SRt - nown for a ye Viawin foco : 5 s ‘ i, Sl ; Gussuatand o 10435 |11 Central ref 4s : ROV ment. Of this last amou 3 L n AR ' : i Now land Southern Mills | Queenslan . 4% Y zeptalret 4y GRAIN AND PROVISIONS. Ben his 1 nt ! Unereais whioh suoniusen tue muthet [ Balivin Lot e, L, | NatiDentsStores 7 per cent notes offered at 97, to_yleld | Queensland 6s 100% 100 100 | Ml Cent ref 5535 L e were exchanged for Treasury for L.::\n Rodue .1",‘.”,,:““ e e B nvhu\ . 9 S| vatt Enamel. > 7.4 per cent; 400,000 State of North | Rio de Jan 8s 1946. &Ry % 8Bl | Con r{.;. e 4 0 0 Special) —IPotatoes, 100 pounds, All exchange subscriptions were a! ey A 55 s Shuliar neons | o Ao 1] Enamel pf. 9 gu | Dakota © per cent sorfal bonds, dus | Rio de Jan 8 1447. ARl Iiathen e bnetod. 8 9 150 pounds, 1.00a2.50; sweets and [1otted in full, while allotments o1 sitlo Fhe Dbt Sl B e v NatlLead...... . ‘ “l19 o 1949, offered to yield 4.8 to | Rio Gr Do Sul 8s. 94%% P i 98 stpd. rel, 1.5015.00; bushel, 1.75a | o ibscriptions were P Bitlon. TR oMoy fn Comn BEodoly[Bavnestatiia) Natl Ry o 485 per_cent: $3.500,000 Philadelphia |Sao Paulo City 55.. 5 97 g3 | Int Rap T heans: Bustel, 2006300 bocts, | oradue s Sano o tae Panonth as been to i reward share- | aor v of M zd. - 4 ¥ Int B Tt ; ; : graduated scale on the basis alread with extra dividends, keepir BXAsSURILIE) Nat Supply g Rapid Transit = two-year 6 per cent |Sao I'aulo State 8s. 9714 nt Rap Tran7s 5.00; broccoll, bushel, 30a35; | announced. i ith extra dividends, keep Rl Y . motes at 904, and 42000000 Ohio |Seine Dept of 7s.. i > t % Int & G Nor aj 6 o + 10a1 < regular rate very low as com- | L : Nevada Copper. Powe . = 82% | G ¢ art a15; The fifth federal reserve distric LSEular ate very oM AN . iremsien) 3 Seamlome | ; Power first and refunding 63, offered | Serbs Croats Sio 35 e 3315 | Int & G Nor 1st 65, 31 9015 per 100, 4.00a savoy, bushel, | fared well in the distribution, receiv stock. The same pe is thousht | Beth St1 7% (n). Newp Ns Gas pt Sweden 6s. . 104 lowa Cent rf 4x.... uliflower, crate, 1.00a3.50] { ing approximately 51 per cent’ af their h il : Si5s C i % Kan City Ft p er 100, 3.00a5.0 [ 5. serip for kely to be pursued by Amrican Can, | Booth Fish. ... Y Swiss Confe 2 % K 3 g | per 8 L subscriptions, Subscriptions for th 1 be pursued mrica i N Y Alr Brake. 1 n | Kansas City 5 4 2.00:44.00; cucumbers, ci district, which includ Washington —_— Better appreciation that the stre. E . N ¥ Canners . . Ud Kingm 5%s '29 108 9. | KX S 8. i : L : re, Crate, El 2 t until vecently has heen wrons on I ke BT Ny b Ud Kingm 55337, 15 100% 100% 1005 \'li‘.',‘f s xy};x:‘.; _ 5 b sgplants, crafe, 3008450, lot- :r:'x);‘ll:l:':rv‘n':'xfld"tw 500, while allot- e L DL il 5 52 | MY Centralrts Y Uriguay ... L2035 203% | Lake Shore 43 '31." 2 305 onions, 100 pounds v : istribution was classified 1 these are ©oing v out nuch | Brown Shoe.. . Z s 15 1103 . e t 2 better than expected was ace nnh\ln!r“pr“:,_.':\,k‘-r,.rm_ NyenastL. jEma s IO R Hrenian valles o 9 100, 5 0087 [ wa: 000 of the six-mon! For She chutima steinitn ln: the|oniaswicmerm. NY Chi& StLpf. 3 | MISCELLANEOUS. v Taland of 45 t, 40a50; peas, hamper, 3.00a4.00; | 45, $5.739, the one-year 4%s @ ron rice. ains th h, selected, can- [usual nine schedules. In an a stock bought up during the war by Niteap - o nariBsatab & bushel, 30a Lox apple Am Sug ref 65... .. 26 100% 100% 100 se, 100 1.00al. 3 moderately with American | cagadoi X 27| Norfolk Sou pany stock registered the high of th th.. pany Chino Copper In Run-Up. | Calif Pack. .. B Norf & Western Chino Copper had a_brief run-up | Cal'f Petrol... 5 25% | North Amer. 2: . 2 which led persons to wonder | Calif Petrol pf.. North Am pf. We whether the p for a combination { Cal'ahan Zinc Yorth Pacific ek Opens WIth ngher of southweste copper companie Calumet & Ariz. would be worked out after the turi lumet & Hecla ::tfuyfl':-"r& Blw . Quotations—Cable News Of the mew year. Chino hax been | canadian Pac. . 5 SXisnnmeProd. £ H Anaconda 15+ 6 considered 4 unit in the projected | carsor 30 e hakay 9 e e T T e g camsonmioul Oraheuen Cleca More Favorable. Armour & € 4103 companies, which ma include Ray, "-‘nl.l eath “"' Orpheum Cri pf. Armour of Del § Inspiration and Phelps Dodge. These | O 4 itis Flevator. 4 Asso Ofl 65 rets periods of bying are regarded in the | Cent RR of NJ Otis Elev pf A Atlantic Refin 3s cet as part of market operations | (erro de Pa Associa teBrens Barnsdall s f 8. preparatory to the formation of a|Certain-Teed... ¥ NEW YORK, December 17 — The | Bell Tel P'a 5t .. southwestern ecombination. Chandlsr Mot. 6 h P ‘-gvlmvelqn. s . cotton market opened firm today as | Beth Steel 538753, o e s LR A ot SaeSued Dl an advance of 5 to 42 points and |BethSteelrtss i ate amount of ac Chi & East Ill. . 712 | Packard Motor. sold about 0 to 49 points net higher | irier B St 1st 6 in’ that stock again % |Chi Gre Went. 4 Packard Mot pf. 1| during the early trading, with De-|Bklyn Edison 7s D. Qifairs with two or three other com- ,_:: \1’.??{};‘:?“ 0 m:»‘\:p(lm ‘c»m’her_ud\an ing to 34.30 and March ’gm)hn_rb&gen_ uga.uA Panics, but the rumor which persists | chi & SUP-0 to 2405 on trade buying and cover. | Bush T Bldg 5= 60. is that interests connected with lead- 5 5 ing. Private cables reported a het- {CAllf Pete 6ls w ers in the oil industry have been buy- | Chi & Northwn. an (oog e i e Central Leather 5s ing Pierce Oil securitic Chi I'neu Tool.. Liverpool, which rallied y Corro de 'asco Ss The outstanding incidents in finan- [ Chi RI& Pac 1 Penn Seabd Stl. 3 sharply from an early decline, and |Chile Copper 6 cial affairs today were the continue RI& P pf “ 2 Feoria & Eay 2 there was some buying here on re- Commonwth P 6s.. strength in the industrial section of | Chi R I&P T%pi. 73 7 : | People’s ports ig expo Galveston | Con Coal Md 1st the stock market, a brisk rally in {ChiStPM&O.. 2 2 Pere Marquette. !\nf‘]‘tfl‘l‘l’( Kh;gn 'iy‘.‘?(.fi“h.'.i“'flslfiifiaf,?’; Cuban-Am Sug 8s. sottom, and - the ' vers pronvunced |(nile Copper. . 2 Pere Marg pf... 5 a In cotton goods. Trade Interests|Cubs Canecvd 8 weakness in French francs | Ghino Copper. Philadelphia Co.. were among the buyers, but there |Cuba Canecy7s Heavy Selling in Railx. jcCC&StL... 4| Philip Morris. 315 was further scattered realizing, or|Det Edison ref Gs. Superficially, the selling of the rails { Colo Fuel S 3 3 Phillips Pete liquidation, which caused some ir-|Du Pontde N (5. . 7 4 i obs thiaiilasus Sreatayed, 8 might hiave been connected with the | Colo & South Pierce-Arrow. regularity during the first hour. Gal. | Duquesne Light 6s 1033 | Northn Tacr 1 65, % 1024 p y S inE apward, Capital fFrac mruggle in the Senate interstite | Columbla Gas. . i % | Plerce Ar pt.. 2 n Leporicd exports of over 8,- | Eat Cuba Sug 7is. orthern Pac 5s D. b : st S trena_being upwar 4 : ‘ommerce committee and the scem- | Columbn Carbon 463 Yierce Oil ¥ d Empire G&F 71k i 25.00 T e es ingly greater probability of the choice | Gomp Tabulat. Pierce O] pt 3 voon Blds on Cotton. | Fisk Rubber 8s. .. {Ore Shart L ret 4s. el .1 straight rye, e e ey Of an anti-railroad representative as | Congoleum Co. .. 4 794 | Pitts Coal. . .. .. 4 :| NEW YORK, December 17—Cotton | Qre-Nvash 15t rfdnls O o e S e, shares of Merchants Bank ! i stock. American Agricultural Chemi- | it G085 e N ¥ Dock...... Am AgrChem T33s 29 9% 974 338 & N uni 43 : . . 2.00a3.00: _spinach, | §80,000 of exchanges. Cal preferred wt 42 was up more than | PUTNS Bros (43 NYNHSHarted 1 e e N {idhte d Mot o hel, 608 raips, bushel, 3¢ Tel. and Tel. at High for Year. 2 haints on top of Saturday's sharp | Purns Bros (B) NYO & Westrn. Am SmIt&R Ist 55, 5 921 92 i Teh Tached. bareal rise. Continental Can went along |™ S N ¥ Shipblde. . . Am Smit&R Gs. 10315 102% 1034 . e el ican Telephone i I fAmMT& Tev Y 1y 1194 v 3 iy L vear. This compares with 119%, low [AmT&Toves.... '3 119% 119% 119 - 1 X a10.00; grapefruit, | Yoejo03 " It 18 the highest price fAMT & Teltrds.. 92% 92% 923 . 3 s, crate, 3.00a4.50. ! There w ume of bu |am ;r_s T deb 53s. 984 98 M St S ass e ! Selling Prices on in. partly as a resuig of year-end &v | Am Writ Paper 6. 4% ks e T 2 Wheat — No. 2 rea winter, spot, |in securities, asficpation of Januar Anuconda ev db 7s. 984 ¢ stds. ... 9 3 J POL. | nterest sz cordend cash, and,al oy B MK T nrin s 1.08%3; No. 3 red winter, spot, 1.08% ) 961 s 30 e Tor injbas No. 2'red winter, garlicky, spot, do- : 84 TR mestic, 1.08%:; export, no gquotation; sl No_ 3" red winter, garlicky, spot.{Wef} | MK & T adj 5. i 3 : No. 4 red winter,, garlicky, 1o quotation. «—Bag lots of nearby at 95, 1.06 and 1.07 9T 9T 97T% | ) . 1 ranges, box, 1.15a2. Yo of 1920, which was 923 DSIT-ID I P ~d 2155 0 5 00 e 39,00 =1 ot o 1S w1 s O it enjoys such a stabilized mark s variations are very small and usua ignore the rest of the market For i tom Sanc a2 jex | barcel 7 {Uf‘ fluctuated within three poin white; No. 2 corn, spot, 84%; No. 3| VEHAEG VT g corn, spot, 81%; track corn, yellow, \'lflnd"r"‘: stock of $75 but 32 per cent in X‘I‘;-kei e Is. Faasn e\ most of this is probably hel as in’ 53a53%; No. 3|ment for cllents ! ew Haven d 7 4 v e e 2 There are no immediate plans to w Ha o : earby, 75a85; No. 2 rye, 8pot, | jsque any additional stock. This ew Haven Ts fr 4 Hecalots, 5 : matter 15 mot likely to come under X Ry rf 1 elpts, 23 tons. The con- | congideration before the summer of Y Ry rf 4s et dition of the general hay market is | Sons aeTation betor ew York Ry a firm as a result of the cleaning up | 77" ° . Y State Ry 41zs. 5 5 of umulations of light current re- Loeal Exchange Trading. Y W & Bos 413 2 3 ceipts, For the better timothy and | Washington Railway and Electri orfolk & W cn light No. 1 clover there is a good de- | 4 per cent bonds monepolizeed today's orfolk & W cv 6s. 5 , |mand. Low grades are more or less | session on the local stock exchange rthern Pae 2s. . N gverioolced. . A heavy volume of selling of sma 108 Northern Pac 4s. notalione = Chmoxly lots of this issue featured, §3 Otis Steel. ... as 2= o hend e ot 1 g Cons Cigar. . Pitts Dilities ot i LLAG . bids: Steady: Jan- | Gen Blec deb §s 5 {Pennsyl ge g a16.00: No. 1 wheat, 1 " 1 | epresenting the only sales 3 atter o itts & W Va. .. 9% " | unry. 33.88; March, 34.05; May. 33.22; | Goodrich 6% : 971, | Pennsyl gen 435, 3 *{oat, i radicals admit that whos 2 LA e ey Rt X il e 2 — : e : Cons a b ot July, 3347 Goodyear 83 193] . . | Pennsyl 615, L = et | - : - man there is not the silght ne® | Cons Textile.... Postum Cereal 5 sl e Goodyear 88 1941. . : Pennsyl gold 7s. .. ptmERonvors. | metese You Nveat tavertignes, of a measure directed e Prossed S | NEW ORLEANS, December 17.— | Hershey 65194 | Pennsyl con 415, SALTIMORE, Md., December 17 B e T T ey ilroads getting through at this|ContCan..... Eresselt U Csr. : tton, futtires, EESiiey 05 19 jEexnsy . : Stemaltis | PauitnTutke after he's lost his money. pu MRSt e ED "1 Continental Mot Produc & Ref... 2% Yon, fosites; oy Ablne:l Humble O&R 5 975 | Fere Margq Ist 5s. . et e Dt ke Yy ihab & misn who i The ‘more logical explanation for |Corn Products. 2 157 3 Pro & Ref cifs.. 221 225 22% L : May, 33.67; July, 33.15, |1Vinois Bell 1s | Resnoe senis Horns;, 16ad7c old ‘Hens 15820 satisfied with 6 per cent and the heaviness in railway stocks Is|Cosden & Co . Prod & Ref pf... 47 | : ¥ - | Indiana Steel 3 100% IR i Liiorns, 15: 614 wodstere. I4st:rancic.|men T on parted. that on uccount of the political agi- |Cosden pt..... Pub Service.... 431 2 Int Paper 1st5s A_ 52 el 2 i meese, ; pigeons, pair, tation the atmosphere is not right ble Steel : Pub Serv 7 : 15 ol slas. : 30; guinea eh, 35270 for a campaiga in this quarter. Conse- {cub Am Sug Pullman Co. ... 22 COMMODITY NEWS KCP&Ltos st 4 B MESRIGHE. s 5 3 evs, 20a32 RIGHT To REFUSE quently the active sculative —ele- | Gypa Cane Sug * | punta Alegre. .. 55% | ser (3) 7s..... StL $ 2 «62% 82 : 21a23; old roosters, 13als ment ‘are selling out ‘the rails and |Gyba Cane Spf. : {pureQil.... WIRED STAR FROM Keily-Spring i .. s 10205 10243 3 aZi; Keese, asy. i zoing into other stocks which for the | cypan pom'can. 6 Pure Ol § % ackawa S 55'50. . T 87 | n % 4l Loss, off, native and nearby UOTATIONS UPHELD moment _appear Lo promisc better|gyyamel Fruit.. 63 Ratieay ST ENTIRE COUNTRY | |Liggett & Myrs 5. : ; firsts, dozen, 4; southern, 45a4s. - | Upportunities for profit | Railway su sp... e s e Luiter—Creamery, good. to fancy, - Valuex Lower at Cloxe. | Davison Chem.. | Rand Mines. . b, 5 prints, nearhy png Magma Cop cv 3 Lack & West. 4 { Ray Con Copper A = = & creamery, 42a46; lIadles, % 5 " As the afternoon went on some of [P Lack & Wes ROCHESTER, N. Y., December 17.— | Manati Sug sf e Y ore aani Jadies, 14a35; Iolls |New York Cotton Exchange Wins 3 i 2 the earlier price movements were re- | Detroit Edison. . [RERnE g The lowest gasoline prices in years | Marland Ol T#s. . W st 4. il Back - IOIo g SroDS I A% o isiik | Dupont (B 1. 10 {Reading 2a ot {now prevail here. Navy test gas in | Mexlcan Potrol 5. A8 Arnas e e | Action Against 0dd Lots them down from the top, while Union | Dupont deb. ... 861 861 | Remington. ... ! being <old by the Standara o Com- | NI I oT5e" Seab'd A L 4s sta. . CINOAGS TIVE) SROCH MARMEY. Concern. Pacific, which had been the particu- |p. oo ol 109 | Reming 1st pf ) | pany of New Jersey and the F. B. |sismeana Power [Seab'a A Lret 4 CHICAGO, December 11 (United 2 lar wealk spot, regained quite u Dart | gocon Axle &Sp. 2414 ! :i:";‘;’f:é‘l’::l'" d { Rae Company at 13 cents to dealers. { Nat Tube 18t 5s. jBeabia AT aal e T e e may foticeably weak following the de- | Blec Stor Bat €0%s | Rep Ir & Stipf.. Standard retail dealers are selling | New Eng Telbs. .. { Son to strong; big packers holding back; the Associated Press. e the 4 ber cent bonds matur- | Elk Horn Coal 13 R i 2w 8 : Navy tost gasolin at 17 cents o gel. | NX Eden 1at 61s. fow bids lower. o 300 pound S% CCRE Deenber i ing in the spring of 1925 to a new | Endicott-John.. 65k Rey Tobac (B)- Joi anl Rak dealeni At 15 cents. The NYG EL H&P 6s butchers, 7.1 ] .25; 180 to 2 i 5 ' : e . NYG EL H&P 4s 10 pound averages, 6.90a7.05; pack- |right of the New York Cotton Ex ing sows, 6.5026.75 arce; @ feW | change to refuse use of its quotations low record around 66 Tt scarcely | Erie... 207 20% - Jieeds to he: pointed out that thie i | Erie 1st pE e 28% iy Boval ek« latter company, however, ells its |N ¥ Tel 65 '41..... (ror ht, 66046 sirong weight, 6.60a % be T 931, outhern Ry 6las.. « Anlcflfiwuuu\‘. 7,000 hea was upheld today by the United PR vific 45 1929 | Sou Pactic ref 4s.. | Sou Pacific clt 4s. . i Southern Ry 1st 5s 105 A tom 4 tremendous discount fer a bond [Rrie2dpf. ... 5 ‘25 24% | St L&San Fran.. “Sunrae” grade at 17. N Y Tel 63'49... having so little time to run s 3 =9 67, | St L Southwn.... F NY Teldtis...... [iemnonn Elavars Seh ) e e | San Cecil Sug... 2 SHREVEPORT, La., December 17— |N Am Edison 6s. .. CLOSING IRREGULAR. {Famous Play pf. & g O | Schulte Stores. . The Oil Fields Corporation of Eildo- |Nor States Pow &s. Fd Mines &S pf. L 42%| Seiboard Alr L. rada, Ark., has secured an oil on-|Nor States Pow 6s. . o= Fifth Ave Bu 9% Y 9% | geabd A L pt 3 5 cession covering 10,000,000 acres in | Northwst B Te 7s.. Third Ave ad American Woolen Turns Heavy. 1r|a1.nrr::r091. % 9: S P DEDNCE 7 Colombia, according to officials of the { Otis Steel 8s. .. 99 “‘“‘M‘l-&“ As. | Fisk Rubber. .. 1 e company. The acreage adjoins the | Union Pac Ist4s... 11 907 9 eitorn, doianR0d, billc wegi to 2 e xigh b cutrent Sales, 1,200,000 Shares. {Flelshman...... 45 45 Shelt Unions .. 15% Maracaibo fleld of Venezuela and ex- | Pacific Gas & El6s 13 90% | Union Pac Ist rf 4s 21 B Yo B Teber. DRckars buYINE TSty | B e o o 12 0r the: Sharman st By the Associated Press ; Foundatlon Co_. T . | Shell Union pf. . jtn tends along the seacoast for 450 miles. | Pac Tel & Tel 5s... 6 | Union Pacev ds... jaround 8£.50; stockers and feeders, | alleging restraint of trade. Federal e Drember 17.-/indus- | Fresoort Texas. 12} agieq Suci Dton of. - The amount Involved was not dis- | Pan-Am Petes... 4 214 | Union Pac cv 6s... 3 103 102% 1023 | steady 3 Sudge Learned Hand last Mareh ‘ial shares, particularly the Ol and|Gardner Motor.. % 5% Simms Petrol... closed. Pan-Am Pete 635.106 | Union Pac1strf3s 2 100 22,000 head; S e oY ok ‘Cutton B e A o | Gen Am Tk pr.© 5 95 |SimelatrOil..... TRON ¥ PhilaCoref 63 A.. 4 | Virginia Ry 1st 5s. at la : thange had the Tight to refus. o 1c 7 | Skelly Oil 4 HURON, S. D., December 17.—Gov. | Phila Co 5%s'38... 6 5| Va Ry & PP 1st 5s. . - handyw ol o :::::u’p} 69 i e e, © MeMaster' today expressed surprise af | Plerce-Arrow 8s... 16 76 % 76% | Wabash2d5s..... % steady: feeding lambs, v o " i 8RR f- o e e the quantity of gasoline bei > fad Britmmisy 4 = veak to 2@ lower. T et ¢ " | Gen Clgar. ... 86k 48" 50 Porto Sugar. By the stata in'the motor fael piice | Lo OlLdan fe ... N a racino s o BUTTER PRICES HIGHER. vorable legislation in C . En- | O lecapi. 1 10t Soutern T \var. Sales are averaging 1700 gal- | progucers& R8s w 111 |WestShore Ist4s. 3 8% 7878 3 A { CHICAGO, December 1T.—Butter vouraged by the weakness Gen Blecspl.... 10% 10% | Southern R¥y. . lons a day. The price charged by featinorolocds, 2 84| CHICAGO, December 17.—With of- | CHICAGO. Dece e - e particulariy the Western lsaics | Gen Motors. (10 194 14% | Spicer Mg Co.... State Stations is 13 bents a gailon. = | Cublic Service os. . {is s Gts, 2 7 Ve wieat seored o moder- | Higher, Sreaners; etrag, B stan P yrs for the decline launched a | Gen Mot 6% deb. " % | St Oil of Calif. i e b S ] P vance in price today during the R i Rach Rt e Pre “of ‘attacks against the indus- | Gen Refractories 5% 55% 54% bi% | Stand Oflet NJ ST. LOUIS, December 17.-aSales of | Saks & Cosf7s... 103% 1033 TOTAL SALES (Var Value): = In this connection It | 150417 SSeands, Laly RO 0! oot but they encountered strong | Gimbei Bros.... 4% 47% 470 ( Sterling Prod. .. the International Shoe Company for |Sharon StlH 8s.. 99% 1am.. 2766 000 13 nooni b 115000 by some houses that rste, 34237 doad ance. Sales approximated 1,200 | Gimbel Bros pf- 98% 984 i o S LS the year ending November 30 reached | Sinclair OI1 7s... . 93% | lpm.. 6073006 2p.m. 7502000 |penr in the market had per- . 160 shares. |Glidden. ... ... 9 9% s | Strombg Carb. crease of 13 per cent over last year. bl approximately $110.000.000, an _in- | Sinclair Ofl 6%s. - - 87% H haps been discounted in full. Mean- = The closing was irregular. Bullish idwin Corp... 8% 8% 812 | 5 baker. o % Sin Crude Ol 6s... 97% 9T 1 hile talk continued about possible FOREIGN EXCHANGE. demonstrations in special issues were ! qolqiion "1 293, 225 i oo Do e gayn ™ Bigh point | 5in Crude Ol 534s. 975, SHORT-TERM SECURITIES. | iing.menis to enable Germany to statiors furnished by W. B. Hibbs & (o continued in ghe late dealings, With | Googrich pf. 5% 5% 75% | Superior OIl. ¥ : : Sin Pipe Line b8 80% (Quotations furnished by Redmond & Co) | borrow money with which to pur-| Nominal Selling chec Cantingntal | Tan, [ Heschpat. Nesh a4l 404 | Sweets Co of 4 MACON, Ga., December 17.—Georgia | So Por Rico Sug 7s. s 101% 1013 i | cbaEe food greduch. The opening U G TR Motors end Sears Roebuck as the|g ogyearprpf. 91 91 91 | peach men will market a new product | Sug Est Orient 7s 96 o %o L which varied from unchanged figures pound ...... 4.8665 4.37% outstanding strong spots. Amerlcan | /ooy consol.. '15% 15% 159 | Tenn Copper..... next year known as “peach mash,” | Tenn Elec Pow 6s. 9348 Aluminum Co. of Amer. jto % higher, May 1.08% and July r dollar... Woolen turned heavy and the rails oPaooer wo ™ T i | Texas Company. Mmade from fruit ripening on the trees, | Tige Wat Oll 6%s. 10235 1091 | Aluminum Co. of Am . 4| 10615, was followed by a slight sag made little recovery from early | Gray & DAYV : ol gt 5o | Tex Guir Sulph. 4 which heretofore has been fed to |mobacco Prod sf s Torm Americun Cotton 01f ML NER L wnd Then by wains ol around. Fine | REie weakn | Gt Northern pf.. 670 B7% % | mexas & Pacific. %o Tan 1st 78 106 | Awerlean S ; sae 100% | weather eased the corn market and | perite oo Great Nor Ore... 287 28% 287 | ; hogs. < o [Toledo Edn st 7s. Auerican ; 1004 | nats s well. After opening un- | Zof 7ihe | Gt West Su pf... 106% 1064 Toew Ses AL C&OU. Unit Drugev 8s... 110% j Amertca e . 1217 Fanged to % lower, May 0% to 10%, AeTohe: | diaching 18 - = 5 “ econda = ; i1z, | changed to May i 6, | Athens, _ drac J S 5 Seseses pultimors & Olfo Gs s ats starte a o oft, o, crown | Gulf M & Nor bf. 50 50,7 Fubasce Brocse : tynaed o U'SSteel sf5s.... 36 102% 102 { 3 . | ate started unchenged (o 1@ noas | Duiseat, crown o ’% | Southern Ry 65 ct. uneven: top vearlings, 11 v | States circuit court of appeals, which 90% : 891 | Sou Ry Mobile 4s.. ¥ 4.-n;'. 3 ;}m? held nx)'“l\;';,“('fl’h ighty. | sustained a decision in its fave 0 ! Third Ave ref 4s matured steers, grading choice, 3l against the Odd Jts Cot: ox 100 R Bulic fedsteers and vearlings, 780g | A5ameC e ARHES NEDERTY 22 107% 2 > 2 i Jws, 3.50a5.00; bulk fa heifers, 6.00: buik weak to 25 off; | Denied the right to_obtdin curren EubaamanSunoanmsm o wdis Can Company issues continued i . | Tobacco Prod A.. ; tows. O3 . ; Prague, ¢rown .. StSteel.... 81% 813 81% Wabash. 1% 1% 10% 10% |Utah Pow & Lt bs. 8814 88 . | to the initial range. o 33 GAlN DURING WEEK.G"" £ Cab - 5 . §Trana €out OUl-- 9 Wabash pf (A). 84% 84% 84% 34% | Vertientes Sug 7s. 93% 93 X E s fons were firmer in tone With | foreahagen: crowh . {Harbishaw Cab. 5 . AR AR EEC AL Rt Wabash pf (B).. 22% 22% 22% 22%|Va-Car Chem7s... 82% 81% # i & Clristianta, crown .. 7 lg-rtm;xvxhcezrlvu :;; DadiEwasd Waldort System.. 15% 15% 16% 15% |vVa-Car Ch7i%sw. 69% 687 ison El g Lo 8 - 10014 A Gress Hish Tew fl.;_?l.: Stockholm, erown . ayes 5 5 &P, v West Penn Co... 45% 45% 45% 45% |\est Union 6%s.. 109% 109% | Federal Sngar Hef. - ) er ... B0 1005 108k 1.08 Oats, Rye and Wheat Show Larg- s,na:;:{‘::n = gfi:g:g"l“”’“ : WesternMd 2d.. 16% 16% 16% 16| weatinghouse 7s. 1074 106% 1067 | Fisher Body Gorb 88 15T 3 3 mren L o By U Ameatol Boom e i 3 O < % e West Pacific. 16% 16% 15% 18% (W ire Spen 7s. 82 81 D iyedr T 9 BL.. 500 NEW , December 17.—Foreix est Advance in Reports by | Housewa Prod.. 3 ustongran. 1] e e Lo o S8 oau Goodyear T, & 1 8 < I pe e 9% : exchanges easy. Quotations (United :Huvvl“lD;‘orl... % 17% U:uefl‘l;ruz.“: Wesths 61% B1% - 60% 60% | Winchester A 73ss. 2 101% 101 Fanneeoiineil & Libby 7a 061 55 5 Lanifn4iss | Franse, deming, Seiaa G exports from the United LD earat. 2% | Unta Drug 1st.. e Youngstn S&T6s. 2 941 94 | ieigan Siate Tel, B4 oy : ; 38 fcables, 0524, ltaly. demand, 0433 rain rts J: ' 2 e . o 5 3 v, ema 0 Fruit. e 7 " LARD— cables, .0459, Germany, demand, .000( States last week amounted to 2491 | nllinots Central. 1015 101% | Dfa Ry Thw bt WS Bag O - I3 SIn A L 26y 25 T i & ; Bl 2 : 00000025 : "~ ‘cables, 0000000000002 000 bushels, compared With 2,030,000 |Tli Cent pEcpd.. 104 104 | UScCast]Pipe. S RsMatos - o el SR v DRY GOODS QUIET. ! on'be o T : . Holland, ‘demand, 807 ; cavles, 38 i as. 0 ol 7 n 't & Co. 08 . Tl Norway, demand, .1500. Sweden, d Shigweek Defore: i {::ighoml.-- SQ 3:2"‘;;1’:" % % 8% | Tidewater Oil G138 1L, .- » Chetad 00 52 | mand, 2632, Dehmark, demand, 1785 Figures made public today by the | j7iyiyn Refining. 4| U S Hoftman M. % 3% 8% 8%|Market Hesitant Due to Raw Cot- | niy Task Car 7 1000. 18 ® | May Sitgeriand. demand, 4743, Spain, de Commerce Department gave the fol- | jpjand Steel.... 364 36 | U 8'Tndus Alco. ; 4% 24% 24 24 | e e Dnton, @t 1036 ... 108% . mand, .1308. Greece, demand, .0168 i s ton Fluctuations. { westing] % CERT: . . .00000025. Czecho- Jowing comparison of grain exports | jnspiration. 26% | 1 S Rubber. ... 88% g::g-—g::}ufl _}g;: _}g:: ;gv. _}35 Westinghouse E. & W. 7s 19314 1063 TREASURY IFICATES. Poland, demand, 00000025 Csecho ‘or last week- and those of the week | Interb Rap Tr. 11% | USRub 1st pt.. 89% Wisconsin Cent. 85 85% 35 88| Sreonl Dispatch to The Star. i (Quotations furnished by B:dn;wg;fl»co.) demand, .0114. Austria, demand. In Ag Chemical. 1 |USSmelt&Ref.. 21 NEW YOREK, December 17.—Cotton = Fied] o Ee 9 e o rth. = 4 VISIB RAIN SUP. to—Matrrity. Bia, . Ofter. |.000014 Rumania, demand, 4 Barley, 256,000 bushels. against 322, ( IBAE SRR DT ol % | USSmeltaR pf. 39% g:&xl:; Jr. zg;u '332 2;?&«% 2;;2 goods markets started off the week LE 6! s P!‘Y' aste Saveh 15, 1024 1001-32 100332 | Argentina, demand, .3237. Brazil, d 000 Gotn, 484,000, amainat 356,000; | 1At Cement.oo .- 3% 43| USsteal......0 96 Youngain Tube. 68 6% 68 6w |Vith & hesitant mote gwing to the| NEW YORK, December 17.—The | 413 Marcn 15, 104,111 100 L6, 100537, | mand, .0985. Montreal, 97 17-32. e 138,000, againat 4.900; rye fll%b‘ Int Harvester 76 5% gtsl:'é:;g:r. 13& ek T ::fier.}:‘::_[{u!‘ i ihe yhey | visible supply ‘of ::m?flc:'; :)!fa“t Bits September 13, 16247 100 2052 10113 0, against oZ000; + LASLOOO § g Mer Marine. 6% 6% { Utah Securities. 17 M v " |Cotton marke cho” most | shows the following changes, in bush- | {513 Mirei 15, 105, ... - 10013342 108 172 LIVE POULTRY LOWER. Flour exports were 455,500 barrels, | Int M Marine pf. 29% * |part helg fr ¥int cloth Wheat inereased 1.261,000, corn | {38 Jaie 1, 2 oy 2032 100 CHICAGO, December 17.—Poultry ainst 656,400, while Canadian grain (Int Nickel...... 14% | Vanadium Corp. 32% 823 HOURLY SALES OF sTOfMs | ‘notations + _for 64 - A 782000 ests iner 15 : it A T 4aibis spribes ported from United Siates Atlantic | Intl Paper. 291 | Va-Car Chewn aQ 9 5 il % o T ¢ \ : #1761z, ronsters, 1214 ; geese, 16 turkeys, i3 gmounted 1o 5,155,000, bushels,giutl Paper (st4) 25 63% §Va C Cacia pl... 8in 308 : : = e ’ & Bzt 4, 0-the waeik-before, ‘ 2