Evening Star Newspaper, December 19, 1923, Page 28

28 FINANCIAL. s I STOMSIOWELL N LATE TRADING National Lead Soars—Cuba Cane Sugar Strong—Drop in French Francs. D.” ¢, WEDNESDAY, -DECEMBER 19, 1923. FINANCIAL. THE EVENING STAR, WASHINGTON, | ON NEW YORK BONDS STOCK zxcnmczl NEW_YORK STOCK EXCHANGE | BOND QUDTATIONS |[o= roxx BONDS e o Received by Private Wire Divect te The Star Ofice { i (Sales are 1n $1.000) ' AGAIN IRREGU[AR - UNITED sTATES BONDS. ] (Fractions_ represent thirty - seconds. ple: 98-3 means 98 3-32.) Low. Olose. 99-27 99-27 98 28 98-10 98-10 98-11 98-11 98-;0 gfl-;fl 99~ 98-10 9&1 1 99-16 99-17 1 'STOCKS SELL OFF IN LOCAL MARKET Weakest Price Range of Year Reached Today—0th- er Financial Gossip. |Grain, Produce and Live Stock LOCAL WHOLESALE MARKET. Turkeys, live and dressed, were much in evidence this morning. Re- ceipts are fairly heavy, according to reports, and prices are the same as vesterday, 30 to 35 cents, making a retail market of 40 to 45 cents. Dealers this morning expressed the belief that there will not be much ichange In prices before Christmas. Reports from other ties indicate cheaper Christmas prices than those which prevailed during the Thanksgiv- ing holiday season. Chickens, ducks/and geese are re- ported as ®eing plentiful and reason. able. Rabbits also are plentiful and sheap, according to dealers, but the demand is not brisk Eggs—Strictly fresh, selected, can- dled, per dozen, 52a53; average re- 48; storage, 30a32. Dpoultry—Rooste RAILROAD! 8% Bales. High. 8% Ann Arbor 48 Low. Close. 56% 56% 8744 RT% 8014 R74 82 96% In Ag Chem p*.. $1% 31% ! Int Cement 6 6 {InCombustE. 1 | Int Harvester. . Int Harvester pr { Int Mer Marine. Int M:Marine pf. Int Nickel. Int Nickel p: Intl Paper. Intl Paper (sta) Int Shoe....... Intertype Corp. Invincible Ofl. Iron Products. ,. Jewel Tea pr Jones Tea. . Kansas & Gulf., Kansas City 8., Kansas C 8o pf. Keolly Spr Tire Kelsey Wheel. . Kennecott. Keystone Tir Kinney G R. AdvRumley. .. v Rumley p AJax Rubbe: " Alaska Gold.... v » Alaska Juneay. g All Am Cable... 100 190 100 Allled Chem.... 67 6T 69 Allled Chem pf.. 109% 109% 109% ! Allls Chalmers.. 44 . Allis Chalm pf.. 91% 1% 912 Am AgrChem.. 12 1% 11% AmAg Chmpf.. 3% % BTH Am Beet Sugar. 414 414 41% 34% 34 34 1043 103% 108% . 108% 108% 108% Am Car & Fdy.. 161 160% 160% Am Chain (A).. 28 28 23% Am Chicle Co... 15 Am Cot O ctts those | Am CotOpf ctfs, at | Am Druggist. .. | Am Express. .. Am H & Lea pf.. Am & Forgn w1 Am & Forpfw i Sales. High. 99-29 3 98 . 2 37 Lib3%s Lib 1st-2d 4% Lib 2d 4s . Lib1st 4%s. . High-Grade Issues Firm, But More Speculative Ob- ligation§ ‘Weaken. 98-10 98-15 . 98-11 99-8 Lib 4th 4%s.. 861 98-14 US4%s1952. 134 99-18 FOREIGN. Sales. High. Low. .. 33 102 87% 8% 6% 98% 86% 6% 8% 9b% 99% 101 100% 99% 99% 99% 99 103% 103 104%- 10442 94% 94 414 41 88 874 90% 90% 94 93% 107’ 94 90 . 95% 9415 87 96% 92% B8L2 T8Y, 98! 93% 92% RO 8% kil T6% 46 28 95% 3 111% 910 © 19 div3%s. 39 B & 0 Toleds s Bklyn-Manhat 6s. 20 Bkiyn R T 5s ctfs. Bkiyn R T 7521 BKIRT 7521 ct Local stock values deter ing the BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, December 19.—The bond market was irregular again to- day, with firmness In high-grade se- curities combined with reaction in some-of the more speculative issues. The chief point of weakness today, as on Tuesday, was the St. Paul bonds, and there was no other explanation than that of selling to record losses for income tax purposes. New low records were made for a number of the junier llens, with especial weak- ness in the gold 4s of 1925 in the D 4s of 1934, which at one time were down nearly # points; in the con- vertible 43:s of 1932, which lost a point and a half, and to a less degree’| in the long-tesm convertible 5s and refunding 41s. Chicago, Terre Hante and Southeastern refunding 55, on the other hand, galned sharply, running up 2 point, Other railroad bonds to sell lower included Wilkes-Barre and Eastern first 63, down more than two points. This bond is secured by first lien on part of the Susquehanna system. Earn- Ings of the parent company have not made a good showing for a Jong time, which probably explains why the bonds sell to vield more than 10 per cent annuaily. Chicago and Alton 3tus were fractionally lower, al- though here earnings are extraordi- narily good. There is, however, no tmmediate ct of u lifting of the receiv 6 and it will take more than one Year of profitable op- eratlon to restore an Investment reorganization BY STUART P. WEST. 1 Dispatch to The Star v YORK, December 19.— 3 market at the outset had to se1ling, partly in the iorated dur last twenty-four hours, this morning’s session showing the weak- est price range of the year. Practi. cally all of the so-called favorite #ues, with the exception of preferred, suffered, Capital Traction sto than a poidt to 96 and sg1 Railway common sold off 1o sales of 110 shares. Lanston deprec ated to 70 on sales of 73 shares, and Washington fluctuated mildly ar fractionaly under 49. One Mergenthaler brought 1 Washington Gas 6s of 19 fractionally to par. Railroad 3s brought Argentine 7s. . Austria 7s. Belgium 7348 . Belgium 6. . Belgium 8s. ... Bolivia 8s Bordeaux 65. Brazil 7s. Brasil 8s Canada 58 1926 Canada 5%s 1929 Canada b8 1931 Canada 65 1952 Chile 85 1946. Chile 85 1941. Chile 75 1943. Chinese Gov Ry 5s. Copenhagen 5%s. . Cuba b33 otfs k Czechoslovakia §s. 78 0d; 96% 28 86 764 T8% 944 99% adian North 7s. anad North §3s. Canad Pac deb 4s. . Car Clinch & O 0s. . Ceént of Ga 6s. . . Central Pacific 4. Ches & Ohio cv 55. Ches& O cv'di4s Ches & O gn 4%s. . Chi & Alton 3s Chi & Alton 3% Chi B&Q gn 45 58 ChiB&Q 1t rf 55, Chi & ETll gn Gs Chl Great West 4s. CM& Puget Sd 4s. Chi M &SP re 434¢ Chi M&St P cv 5s.. Chi M&SL P 4525, ChiM&S Pev 41y, Chi M&ESE P 452 ::}I\‘(::St Pgn4 h&N W 64 Chi Rys b o X S ChiRI& P gn 44, . i No. 2, 1.00a1.50 ChiR1& Fucrt 4s per Lag, 2.00a2. ChiTH g om o s 5504800 per bl Chi & W Ind cn 4s. e ¥ Clti & W Ind 78, ey CCC&St Lire 65 A. . Cleve Term G¥%s Cleve Term Gs. . Cuba R R §s. Del§ Hd 1strf 4s. Den & Rio G cn 4s. D& R Gstrefbs. ... ..r:e 1st con 4s Srie gen 48 93Y% Erie conv s A 9314 Erie conv 4s B, 88% 8 Erfe conv4sD.... 69% Gr Trunk st db 6 76% irand Trunk 7s. . Gr North gen Ts. 1005 Gr North gen 5. o Hud & Man ref 58, fs Hud & Man aJ 5 o 111 Cent ref 55 '65. . i 11l Central 5% s, 80 o Int Rap Tran os. .. 120 Int Rap Tr 6s stpd. s Int Rap Tran bs. Tollo 0. .. e {Int & G Nor aj 6s. . od s 1008 Int & G Nor Ist 6s. MISCELLANEOUS. Ajax Rubber $s. 881 Am Agr Chem 71 AmC Am Cotton Oll 5+ .. Am SmU&R 15t 5s. 2 Am SmIt&R 6s Am Sug ref 6s. AmT & Teltros.. AmT&Tcltr4s.. Am T & T deb Am Writ Paper 6s. Anaconda cv db7 Anaconda 1s% fs... Armour & Co 4%s. Armour of Del 5 Asso Ofl §s rots. . IAxInnuc Refin bs. % 18 52% 31 94 34 3 6015 14 59% 68% 174 17% 601 607 103% J08% 172% 172% 885 88% 88 88% 6415 30 2815 62 29% 40 stock ! absorb further ! mature of belated realizing by who still had profits from the © and partly for the purpose tux losses, Better . appeared after an hour or so of irre the market began to pick up, strial stock 1 60 for nd the i« Railwa ck was off morc while i advance. of establi resis h ing Drassed poultry chickens, per nd ! larity 59% Am La France. . 61 Am Linseed. Am Locomotive Am Loco pf..... Am Metals Am Metal pf. ... Am Ship & Com. Am Smelting. .. Am Snuff....... Am Steel Fdy Am Sugar. m Sugar pf. Am Sumatra Am T & Cable Am Tel & Teleg. A Tobac (B).. Am Tob of (n).. Am W W 6% pf. Am Woolen. Am Woolen pf.. | Am Writ Prpf. . Am Zinc & Lead Anaconda Armouvr of Del | Arnold Constab. | Assets Realiz: Asso D Goods Asso D G 1st pf. 550 DG 2d pf. . Assoclated Oil. . Atchison....... Atchison pt. Atlan Bir & At Atlan Cst Line.. Atlantic Fruit.. At] Fruit stfs Atlantic Gulf. Atl Guif pf. Atlantic Ref. Atl Refining pf. tlas Tack. Austin Nichol Austin Nich pf.. Auto Knltter. .. Auto Sales. Auto Sales pf. ! Baldwin Loco. | Balto & Ohlo. Balto & Ohio pf. Bangor & Ar pf Barnet Leath. .. Barnesdall (A). Barnesdall (B). Bayuk Bros. . Beechnut Pack. Beth Steel...... Beth St 7% (n). Booth Fish Bklyn Edison 109t 109t Briklyn-Man Tr. he 129 Brkin-Man T pf. Buff Rch & Pitts. Burns Bros (B). Butte Copper. ... Butte & Super.. Caddo O11. Calif Patrol. ... Calif Petroi pf. . Callaban Zinc Calumet & Hecls Canadian Pac Centrai Leatn. . | Cent Leath pf. Cerro de Paaco. Chandler Mot. .. Chesap & Ohio.. Ches & Ohio pf Chi & Alton. Chi & Alton pf.. Chl & East I11 Chi & B 11l pf. Chi Grt West. ChiMil & St P:. Chi-Mll &St P pt Chi & Northwn.. Chi & Nwn p! ChiR I & Pi ChRI& P 6% pt ChiStPM & O Chile Copper . Chino Copper. .. Cluett Peabody . Colo Fuel....... Solo & South. .. Columbla Gas. Com Solv (A) Columbn Carbon Comp Tabulat. . Congoleum Co. .. 179% Game-—Rabbits, per dozen, 2.00a3.60; > 1.50. share choice, per Ib, 11; hm,lpvrh!lv- ! per Ib.. 12. Live ‘e hogs, per 1b., ne prefer : { the first time on {his move t of the sug omptly Tine, CThis was € recornition th tie reduced estimate: ! X hold out the prospect of another pros- Vi thix event, with bank Cuba medium, Lamb 00a5. % | Lorillard (P). ~ 109 | Louls & Nash. }g" :nck Trucks * 1soy | Macy-Co. 1365 | Magma Copper. 6% [ Mallinnon & Co. 52 |\anati Sugar. .. %5 [ Manhatn Bl guar 1 | Manhat E1 Sup.. 1 ahe | Manhat Sbire. 1463 Manila El Corp. 1034 | Maracatho Of1. 03" | Market St Ry 1% | Market St prior. Marland Of1. Martin-Parry. . Mathison Alkili. Maxwell (A) Maxwell (B) May Dp Store Met Edison pf. . Mex Seaboard Mex Seabd ct Miadle St o1l Minn & StL Min SLPESSA pt Mo Kan & Tex.. Mo K & Tex pf. Mo Pacific...... Mo Pacific p Montana Power. Montg'y Ward Moon Motors. ... { Mother Lod: Nash Motor: Nat Biscult at Cloak & S pf. Natl Lead Nat Suppl. Nevada Copper. wp Ns Gas pf. N Or Tex & Mex. \ Y Air Brake. . Y Canpers.. ¥ Central. N ¥ Central rt= NYChl&StL.. NY Chi & StLpt. NYNH&Hartfd. NY O & Westrn. orf & Western. North Amer. ... North Am pf. North Pacific. Ohio Bdy & Blw. Ohio Fuel Sup. . Oklahoma Prod. Ontarlo Silver. . Onyx Hoslery pt Orphieum Circuit. Orpheum Crl pt. Otis Elevator. Otis Blev pf Otis Bteel Otis Steel pf. Owens Bottle Pac Coast 2d pf. Pac Gas & Elec. Pacific Ofl. . Packard Motor. Pan-Am Pete. Pan-Am P (B) Parrish & Bing. Pennsylvania. ld off and Metropolita Bank Adds $400,000 to Surplus. Transfer of $100,000 fr. ed profits to th authorized ¢ ting « the ecto: . h by director he American Se e, round, yesterda potatoes, arterly divi Tettuce, 50a1.00; northern, rby, 1.00a . 4.00a7.00. 4300, York in pigs, 715, Green per basket, .008.6.00. rate, 6.00a7.00; Lemons, per box, 50. Cran- £ barrel. fruits—Appl £0a2.00; per barrel, fornia ‘oranges, per Florida, 3.00a4.00. 2.50a4.50, berries, Denmark 8¢ Denmark 68 Dutch EI5% Dutch East I 68'47. Dutch East L 68'62. Frameérican 7%s French Govt 8s French Govt 74 Haiti 68 Derous year. }*toans all clea vompanies haviy Jluses on hand, § dividend distribu; table 7s 107% 93% m undivid « m\\hwruh‘l,\ would be » 5. 00 Cuyamel ¥ “uyamel Fruit uthern dend of disburs Loth payable Jan lders of record he instituti 400,000, ¢ Italy 6%s1925. Japanese 1st 41 Japancse 2d 4 Japanese 43 Jergen UM Lyon 6s. . Marseille 68 Mexico 3s.. Mexico 48, ... . Netheriands 6 Norway 8s..... Norway 65 1943 Norway 68 1952. Orient Dev deb Gs. Paris-Ly’s-Med 6s. Prague 7%is £E wing ) during the six months 31. Whetller or not encugh of zain shares being put on i their market price I & question Operations T 102% .- 95% 82 surplu 1 of $3,400,000 anq more than $400, estal this nt the would ca cueumbers, per bushe rots, 100-1b. sack, 2.25a2.60. sprouts, 10a20. prom- tting up | his. with | Alcohol, o Bruseels o rating, even after the 95 . is affected 87% 1% 110% AND PHOVISIONS, BALTIMOR December clal).—Potatoes, 106 pounds, 150 pounds, L00a250: sweets yame, harrel, bushel, k- ad.50 Be bushel, quart ations Unchanged. In the high-grade list United § government loans were pra unchanged, while ar railroad Londs Pennsylvania general mortguge 4%s were (n demand. The tly {ssued St. Paul Unlon Depot ued very steudy. the industrials most of the sugar bonds were strong and espe- clally Fastern Cuba Sugar 7148, which mere than a point. Cubun ugar 8s, an investment is- sue without conversion privilege, were stronm Forelgn bonds were neglected and the weakness in fr: » exchange found reflection auotations for “rench bonds. PRIGES HOLD WELL INGOTTON MARKET Good Spot Demand. Noted in South—Cable News I More Favorable. bes doubia > Depart- o 1o EXT - Queensland 6s. . Rio de Jan 8s 1946, Rio de Jan 88 1947. Rio Gr Do Sul 85 Seine Dept of 7s. .. Serbs Croats Slo 8s 38 Soissons 6s. 6 Sweden 68 Swiss Confed 8s Tokio 5s. .. . Jurth of a E slump of ap , per 100, ¥ {from the o bushel, 30a40. Ca “ince Januugy . Gelery, crate als ! Gitlons or by thr ol trade National The ol =t avery tin tional 1 133% Lend Higher. 85 Kan City Ft Kanszs City & i Kan City Term 4s. Lake Shore 48’31, Loufs & N 5s 2003. . in Aistributed dividend. or up. There stantial cory The m n the n, q for Fre When French i tish pound where it was t nts, nst the Thus this latest sinkir franc can no o 1 then, rt of e Europenn ¢ Wall Street The completion of o buying orders in th v 1 stree a8 been the k bushel, G i |importatfons Loose, i 5. -{Th n berries. 5 | fruit, 17 avy volur f1c Manhat Ry cn 4s. . St oy i Market Sten s. . . Mil E1 Ry & L. | M&StLrfexbs. . M&StLIstrfd4s., ] MK& Tprl A {MEK&T4sE. MR&TsC MK & T adj bs. Mo Pacific 6s { | Mo Pacific 6s 65 Mo Pacific gn 4s. .. ontrl Tm 1st b, . ew Or Term 4s. .. O Tex & Min Gs. Y Cent gen 3%;s. Y Cen deb 6s Y Cen deb 4 Y Centriss Y Centcn 1s Savings Bank Dividend. tors of 2 tor, rlick quotatior spot, 1.051 garlicky, €pot; no quota- spot 331 B in the isidered, as general dec TS Barnsdall f §s. Bell Tel PaGs ... Beth Steel 51u8 53 Beth Steel pim Beth Steelsf 6s... {Brier BSt 1st 5%s. Bklyn Edison 7s D. Bklyn Ed gen Us. ... Calit Pete 6155 w 1. Central Leather 5s Cerro de Pasco 8s.. Chile Copper bs. 3.5023.90 for vel- per barrel for whi = 24% 99 4% 194 1445 144% 108 11% 1% 3 - | Foreign ¥ No. 3{a bonus of a By the Ascociated Press. NEW YORK, December 19.—The cot- ton market opened steady today at a decline of 10 points to an advance of | Chlle COTPATIS, -~ 7 points. Near months were relatively | co FEONg 1ot steady at the start, owing to the ap- !Cubln-Am Sug 8 pearance of a few more mcemb"lc\mucane cvds { el common 5 hare order begun. The ed Marland, Cosden and Houston also Wik Col- the buying began w financing by was to o The company just been ine |5 46 tor The de- the better grades of nd white clover mixed and r hay, recent receipts of | been lighter. The market Increased receipts and stock 1o Gen The Electrie to pur- = of the preferrad Jority w York Ry rf 4s Y Ry rf ds ctfs. . Sinelair, Cerned s owned by mpany ands of the en the news in production, new financing in_many cases crude oil pric notioes, but the general tone of the | Cuba Cane cv 7s '3 market was steady to firm on higher | DOrY (0 G) Te .- Liverpool cables and bullish over- | Dy Pont de N ¢ b8. ritght spot advices from the south. | Duguesne Light 65 January sold up to 34.61, or 35 points | Est Cuba Sug 7%s. net higher, while May advanced to |EmPire GEF Tis. 36.21, or &1 points net higher on cov ering and a renewal of Wall street demand. The higher prices met a good deal &f.rvrom’:rklnx} however, and there e reactions of some 10 or 15 point from the best during the early trad: ing. Some southern selling was re- ported hers early, but practicaily all advices reported a good demand for 8pot cotton and a higher basis in the southern markets. New Orleans Market ‘Higher. No. PRSI TRt~ e operating oFSharp curtailment the disclosures tha would_be S orthern Pac 2s Northern Pac 4s... Northn Pacr i és.. Ore & Calif 1st &s Ore Short Liref 4s. Pennsyl gen 5s. Pennsyl gen 4%s. . Pennsyl 6458, . ... Pennsyl gold 75, Penneyl con 41w, . Fere Marq 1st 5s. . Pere Mrq 1st 45 '56. i Reading gen 4s. Rio G West cl 4« RIATk & L4ts. St L IM&S R&G 4s. StLIM&S 4s°29. 3 Fplasa.. o G mSGmtin” Pere Marg pf Philadelphia Co Phillips Jones. . Philip Morris. Phillips Pete Plerce-Arrow. .. Plerce Ar pf. Pierce Ar prior. Plerce OIl Pierce Ol pf. Pitts Coal Porto Ric Tob. Postum Cereal Pressed Stl Car. Produc & Ref. Pro & Ret ctfs Pub Service. ... Pub Serv 8% pf aigh 24.00a No. 2 00 : No. 1_wheat, 12.00a14.00: No. 1 14.00213.00. A mods fn Reading’ Rights .:‘.‘1:1‘1 ne ey Goodrich 6%s.... Goodyear 8s 1931, Goodyear 88 1941.. Hershey 6s 1942... #Humble O&R b [linois Bell 1st 5 Indiana Steel bs. .. Int Mer Marine 6s. Int Paper1st 5s A. Int Paper Ist 5s B KCP & Lt 55 A 52. oats, ? H ividend rate, id for in DAIRY PRODUCTS. BALTIMORE, December 16 poultry—Turkeys chickens, (Spe- affairs has pointed out t pears to be no obsta of ineorporation of interest in the stock Reading Coal Company into & railroa nter issue 0 Z turned over to the Secretary of the Treasury ae llateral for a government loan re way nmouvat of | the new helding | old Geese, inea fowl, each, Drossed Itry—Turkeys, fehickens, a_roost > pair, 25a30. po the season when exception- | 2008 good business is done by the Conley Tin Foil. 11% Cons Clgar..... -Cons Gas of NY. Consol Gas rts Cons Textile.... Cont Can. = 5§ |.Contipental Mot 7 {Corn Products. . Cosden & Co. Crucible Steel.. .Crucible Sg1pf.. Cuban-Am Sug. Cub Am Sug pf. Cuba Cane Suj Cuba Cane 8p Cuban Dom'can. Cuyamel Fruit. Davison Chem. . Deere Co pf..... Del & Hudson. .. D Lack & West. Detroit Edison. Dome Mines. ... Dupont (B1)... Durham Hose Eastman Kodak FatonAxle &8p. Elec Stor Bat. .. Elk Horn Coal. . Elkh'n Coal pf. . Emerson Brant Emerson:B pf. Endlcott-John. . Erie ating units of Ass d Dry \d May Department Stores, market for their ebares Rae taking this fact into account. ¥ jated Dry Goods is cxpected to report between $17 and $18 a Yor 1923, which would be, in of last ¥ r's record earning: partment Stores |5 earning over $12 cainst the current '$ vy XIIL.\‘ ite of the profitable conditions, directors of fl“:'x'hnfl\ayfl’? continue in thelr conservative policy. Caution in Late Trading. erations for the rise continued but was still limited to industrial specialties. Railway shares were taking their cue from the course of Northern Pacific, which was prepar- ing iteelf for th¢ dividend announce- ment. Oil shares were not as promi- Went as they had been on other d; {though therc appeared to be Ample demand for them when: they =old off at all. ., The nctive buying of pmobile companies, as set forth in 1he Steel Trade Revie led to some Wuving of the motor stocks, especially . which ran up over a point, well A, which was up over wo pts in the last hour. TSteel shares were not affected by 1pe statement in the Iron Trade Re- B December business had pen better than looked or. - ’:S-m. bookings fall off in the last|Brie l-dln’l onth of the year, with the inven- |Erie2dpt. &r,\' taking in prospect. But this Famous Players “ear they have b nearly as large amous Play pf. e ‘November. It does not appear | PaBanes & o nt. Jat the activity of the radicals In|gyen Ave Bus.., Jongress has had a deterring effect. | gaet il Bo oL 8" MARKET CLOSES STEADY. |Flelshman. .. .- Gen Am Tk Car. Profit Taking Slows Advance—Otis |Gen Am Tk pf. sphalt.... Elevator Up Seven Points. |Sel AsPhe Gen Cigar deb. . By the Associated Press. NEW YORK, December 19.—Specula- | GeB Electrio- e de resumed their op- | Gen Motors. pening of today's stock | Gen Mot 6% deb. but they encountered strong | Gen Mot 7% deb. Buying support and were forced to cover | Glidden. - miny I<sues bufore the close. Wash- | Golawin Corp inigton dispatches stating that the House [ Goparich, nmittes on ways and means has de- | GOGTER: Lo® ded to defer acti on a soldiers’ Goodyelrnrp!:' bonus until after it had considernd ud- | Goodyenr BT BY ministrative features of the Mellon tax P program, created a more optimistic Gre‘l’ ot sentiment. Gt West Su pf. Sales approximated 1,100,000 shares. | Greene-Canan, The closing_was steady. Profit-tak- |Guantana Sug. ing sales slowed up the upward |Gulf Mo & Nor.. movement in some of the leaders in | Gulf M & Nor pf. tho final nour, but -bullish demon- | Guif St Stesl. strations were continued in a num- ber of specialties, Otis Elevator |Hanna A jumping nearly 7 points. Harblahaw Cab. steel by au- 16% 567% 1% 6 53% 6% 168 34% 64% 90% 324 97 14% b8% 6% 68 6% 61 106% 111% 106% 194 127% 9 1077 28% 59% 12% 25 o T 6314 20 28% 24% 66% 86% 41% 9% T 4% 12% 44% 4% 85 88% 106% 194 10% 148 81% 7 9% 8% 22 40% 91 b55% 2% 107 14 6% 14% b1 T8 920 3% 39% 84% 86% 41% 9% Th 4% 12% 443 94% 85 . .88 106% 192% 10% 141 81 97 936 8% 21 40% i 27% 107 18% 6% 14% 61 8% 920 a0% 38% 6315 20% 29 26% 66 864 41% 94 T 44% 12% 443 96% 35% 88 105% 192% 10% 143 81 97 9% 8% 21 0% 90 567 27% 107 8% 7 14% 51 8% 2 5 40% B4% Pullman Co Punta Alegr Pure Oll Rallway Stl Sp.. Ray Con Copper Reading. . . Reading 18t pf. Reading 2d pf. Rels Robert pr. Replogle Steel Rep Ir & Stee 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. San Cecll Sug. Schulte Store Soabd A L pf Sears Rosbuck.. Seneca Copper. . Shattuck-Aris.. Shell Tr & Tran. Shell Union. Stmmons. Simms Petrol. .. Sinclatr Ol Sinclair-pf. Skelly Oll Sloss-Sheffield So Porto Sugar. South Pacific Southern RWy Southern Ry pf. g Co. Stand Milling. .. StOfl of Calif. .. Stand Oflof NJ Stoflof NJ pf. Sterling Prod. .. Stew’d-Warner. Strombg Car! Studebaker. Submarine Bt.., Supertor Oil. Sweets Coof A.. Tenn COPper.... Texas Company. Tex Gult Sulph. Texas & Pacific. Tex & P C & Otl. Timken Bearing Tobacco Prod. ‘Tobacco Prod Trans Cont Oll.. Underwood..... Union Bag & P.. Unton Pacific. Union Pac pf: Un Tank Car. Un Tank Cr pf.. United Fruit. United Drug. Utd Dyewood. 122 56 20% 106 115 To% 63% 8% 72 11% 46% 20 T4% 48% 1% 22% 18% 41 3% 3% a 107 '|hennery browns, extras, 52as: Increased Buying Reports in Dry New Orleans, December 19.—Better accounts from'the spot division put the price of cotton higher today, the imarket gaining 27 to 35 points in llhe first haif hour of the session. January was advanced to 84,72, Ex- pectations of bullish ginning figures from the census bureau on the open- Ipg tomorrow created a new demand, air demand £ A.08ix demand for,covers came from Noon Bids om Cotton. NEW YORK, December 19. futures, 11:45 a.m. bids, !lem‘l_folt)':: ember, 35.3 January, 34.51; March, 34.94; ‘May, §5.11; July, 3438 NEW ORLEANS., December 19— Cotton futures noon bids, steady: De- cember, 34.57; January, 34.57; March, 34.82; May, 34.75; July, 34.18. i CLOTH PRICES CHANGE. Goods Market. Special Dispatch to The Star. NEW YORK, December 19.—Revi- slon of quotations on some l:grad?sm;l cotton gopds Tuesday brought some- what Increased buying .into the mar- kets .today. Many buyers still were holding off, however,” in hopes of further cuts. Print cloths again were quoted at 1llc for 64 by 60 and 123c for €8 'b}',i'.'.'. The raw silk arket was fairly Barketes y active at prices pound under ¢ 2 tations. Teewiey's ang NEW YORK EGG PRICES. NEW YORK, December 19.—Eggs irregular, receipts 9,682; fresh gath- ered extra firsts, 45a47; New Jersey hennery whites, ‘closely sclected ex- tras, 2; mnearby hennery whites, closely selected extras, 62; state, nearby .and nearby western hennery Whites, firsts to extras, 55a61; nearhy ; Pacific coast whites, extras, 60a62. Vivadou. . Wabash..... Wabash pf (A). 13% 101 33% 9 13% 104 387% 9% 16% 46% 456% 46% 15 14% . 16% 60! % 60% 603 West Elec pf.... 1121 1121 112% 1125 Western Union. 109 %09 109 109 West Alr Brke.. 841 84 84 Westhse EI&M.. 5% 59% 59% 72 181 10% 334 9 16% 13% 10% 83% 9 164 72 6% 24% 7 25 65% Kayser (J) 7 Kelly-Spring 8 Liggett & Myrs 5s. Magma Copcv 75.. Marland Oil T3s. Mexican Petrol 8s. Midvale Steel o5 Montana Power &8 Morris&Co Ist 4% New Eng Tel is. .. N Y Edsn 1st 634s. NYG EDHE&P 4s. .. N'Y Tel 65’41 N Y Tel 6 N Am Edison [P aTe Broaammen 49 raBan Nor States Pow bs. Nor States Pow 6s. Otis Steel 73%5. ... Pacific Gas & El 5s Pac Tel & Tel 65 Pan-Am Pete 7s. Pan-Am Pete 6 PhilaCoref 63 A.. Plerce-Arrow s Producers & R §s. Producers & R 8s Punta Alegre 7s. Sharon Stl H 8s Sinclair Ol 7s. . Sinclair Oll 614s. .. Sin Crude Ol 53es. Sin Crude OI1 6 Sin Pipe Line os. So Por Rico Sug Steel & Tube 8. Tenn Elec Pow 6s. Tide Wat Ofl 6%s. Toledo Edn 1st 7s. Union Bag & P 6s.. Unit Drug cv 8s... U S Rub 1st 1 55 U S Rubber 7%s. U S'Steel S£58.... Utah Pow & Lt bs. Va-Car Va-Car Ch 7%s W. Warner-Sugar.7s. West Unlon 6%s. ‘Westinghouse 7s. wickwire Spen 7s. 8 91 - 10 90% 4 1021 . 97 96% 18 100 T6le 106% 111% 1083, 99t 94k 87% 97ie 9% 8l 101% 103 94 1023 106 96% 110% 85% 103% 102% 88% 82% 68 104% 108% 107 1 80 @ o -1 OT= e 5% T 10 em 78... son & Co 1st 68. 16 93% Wilson&C cv T4s. 3 95% Wilson & Co cv 6s. Wigchester A 73:s. Youngstn S& T 6s. 3 94y 101% 108 9316 102% 106 96% 110% 84% 103% 102% 881 81% % 1062 111% 108% 994 675 104 108% 106% 80 93% 954 825, 101 94 108% 107 80 93% 95% 825, 101 944 Agriculture Department Reports on Southern States. ATLANTA, December 19.—A re- duced wheat acreage has been plant- ed in Tennessee and Georgia, with considerable: acreage remainin; planted in the latter state an Caroling, according to the southeast- ern Unite to be South p report made-public by the States Department of Agricul- i | Wabash 1st 5s. . l & & & & & StLSW Ist4s.... StP Un Depbigs.. Seab’d A L 4s sta.. Seab'd A Liref 4s.. Seab'd A Liadj bs. . Seap'd A L con 6s. Sou Pacific 45 1929, Sou Pacfic ref 4s Sou Pacific cit 4s. . Southern Ry 1st 55 Southern Ry gn 4s. Southern Ry 6%s.. Southern Ry 6s ct. Third Ave ref 4s Third Ave adj 5s.. Tol StL & W 4s... Tol StL & W 3tas. Union Pac 1st 4s... Union Pac 1st of 43 “nion Pac cv 4s Union Pac cv 6s. .. Union Pac 1st rf bs 25 Virginia Ry 1st 6s. 31 VaRy&P1stds... b 8 88 Western Md 4s.... 6 ‘Western Pacific 5s. 11 West Shore 1st 4s.. 3 Wheel & LE en 4s. *1 Whel &LE rf 4%s. 10 5413 Wisconsin Cent 4s." 21 76% TOTAL SALES (Mar Value): 1le.m.. 3153000 12noon 4735000 1p.m. 5630000 2p.m.. 6840000 MORE CHRISTMAS o8 80% 79 6074 76% Lucks, 20a25. s 5. Pggs, loss off—Native and firsts, dozen. 45; southern, eamery, good to fancy prints, 55a57; nearby 246; ladles, 34a35; rolls packed, 29; dairy’ prints cess butter, 39. TODAY'S CHICAGO PRICES. CHICAGO, December 19.—1In the ab- sence of any decided selling pressure, wheat tended upward today during the early dealings. What little de mand developed was apparently based on gossip that domestic winter erop production would be reduced to a ma- terlal extent. Strength of corn val- ues had some further bullish influence on wheat. The opening, Which vari- %4 from unchanged figures to % higher, May, 1.08% to 1.08% and July 1.07 to 1.07%, was followed by slight afns around. 3 B orabla woather, together With scantiness of receipts here led to advances in the corn market. After opening_unchanged to l.c higher. May, 73% to 4. prices rose nearly 1 cent in some cases in sympathy with to e up, , startin Sy 4 H apd later May, 458% to 4 hardening a little more Provisions reflected the action of rain rather than the course of hog values. WHEAT— December May July COR! Hij Lot Cose 2 R 18 Opeu. s 100ty “EXTRAS” VOTED; Aqnjtnniav Bringing $4,000,000 in " Gold—Other Gossip in Wall Street. By the Associated Press. NEW YORK, December 19.—Parke Davis and Company has declared an extra dividend of $1.50 and the reg- ular quarterly dividend of 50 cents, both -payable January 2 to stock of record December 20. An extra dividend of 25 cents and the regular quarterly dividend of 25 cents were declared on the common stock by directors of the Intertype Corporation. The regular payments on' the preferred stock were au- thorized. The .American Gas and Electric LIVE STOCK MARKET. CHICAGO, December 19 (United States Department of Agri Hogs—Receipts. 38,000 h desirable strong-weight but steady; others 10 _lower. 300 pound weight pigs, 6.00a6. Cattle—Receipts, even: handy-weight steers, 9.00 and abo higher; others slow in demand. but scarce: 11 several loads welghty s 10. 10. few loads pluhlll'r sl)lnril~ fed steers, 6.75a9.00; fat she stock dull; canners and cutters steady bulls steady to weak; veal steady to 23 .lower; stockers 8,000 feeders firm. lambs steady to strov head; heavy 000 and and head; fat heep strong lambs around Sheep—Receipts, ‘K. C. calvesd CHANGE. W. B. Hitbs & Co.) Selling checks 04331 nrich, 4“ i Athens, drac Madrid, Yienna, } et e trillios pese: crown sckizolm,” crown I' nristiauis '+ the Ansociated Press. SW YOR! hanges States dolla 4.36 9-18; bills on niand, . Quotations Great Britain, 4.36 13-16 oslovakia. mand, .114 nd, . Austria, demand, 10; ad, 000014 Argentl demand, 09035 Stock of Allegheny Western. sa §3.00 AmExch. Nat. Bk. Q Am. Q Am Barnet Kkn. Surety . Leath Emp! Empire Trust ... 1. & P (AW fngdon & Rockl'd) Q $2.00 - & P (Ab- ertype Intertype 24 pf. South, pf. Julius. Q 1% of. $2.00 Q s 1% Kagser, Lord & Tay, 2d pf. G Magnolia Péte ... Q Y. Title & Mtge. Q LESS 'WHEAT PLANTED. ‘ tre today. 61% 82, 3% I63% 93% Company reports a balance after charges including preferred dividends and depreclation for the year ending Qctober. 31, 1923, of sg.lae.:n.hu in~ cremse o per cent over the pre- andy vious_twelve months. pres | ane nantY m to Eood Approximately $60.000.000 of war 5. savings certificates of the serles of 1919 mature January 1, 1924. The government officials anticipate that a good part of these will be ex- changed for the new Treasury sav- ingg certificates. Mo “Aquitania sailed from Cher- bourg vesterday with about $4,000.- 300 Ih gold coin consigned to Gold- jman. Saeh & Co., New York banking fhouse. to 25 higher; feeding bulld good and JamPs, 12.50al Househ'd Prod. NATIONAL WEALTH GREAT. Houston O1l...., Edgar Crammond of the Bankers' g“"“fi:{:::n' Tnstitute of London estimated that in e sighte. 1920 the national wealth of the chle! e dountries of the world was: United | Hydraulic Stl i States, $350,000,000,000 to $400,000,- | ;11inots Central. 100% 400,000; Tnited Kingdom. $120,000,- | )] Central pf... 107 000,000; France, $92,500,000,000; 'Ger- {1} Cent pf £ pd.. 108% sany, '$83,000,000,000; Ttaly, $35.500.- ({1000 & Gas... 6% 060,000; Japan, $23,000,000.000 and Bel- | 1200 (=" 2 #ium, $12,000,000,000. These flgures | 119 2 Qoatiiie are based on post-war money values | Indian Refaing. 8 —_— Inspiration. . ! That the city of Havana is farther | Interb Rap Tr., vest than Cleveland, Ohio, is & fact | In Ag Chemical. hat few realize. : H ¢ 65% 27% 651 27% 17 1%, % 6% 28 1% 15 WK 99% 995 107 107 108% 103% 6% 6% 1%, 1% 4 % % 3% 22 choice | fat several ; medium N “bout the usual amount of wheat ‘has been planted in North Carolina, the report reads, although the crop is a little “backward and {rregular stands are reported in a few Pled- mont: countles, but is beginning to green up well throughout most of the region, and stands as a rule are good.™ People’s Gas Penn. Salt Parke-Davis Phil. & W Textile wooled decks to 9% 9% 25 0% = High. Call Money . 4% 4% 4% , HOURLY SALES OF STOCKS. 11a.m....290 200 1p.m. 541 400 2p.m. —_— RATES ON BAR SILVER. United Alloy St. pf. LONDON, December 19.—Bar sil-| Will. & Bur. C. pf. U ce per ounce. Money, 11 [ Westmorel'd Coal.... Ser I3 P scount rates, short bills, | Westmorel'd Coal 3% per cent; three months' bills, —_— Bo-16ud% Der Cont It has been estimated that the re NEW YORK, December 19—Bar|cent general elections in Great Britain silver. 64%: Mexican dollars, 19%. | dost the country about $7.500.000 9%, s 55 |Wiuws-Overipf ] De% 9i% 98% 98| WoranEion-ee . 119% 119% 119% 119% 63% 63% 63% Wrigley, Jr. = —— 'rom -the. Collsge Lyre. Farmer—Well, son, what are you doingup in that tree? Son—Just got a Jletter ‘from the sophomores In correspondencz school l-’m “telling ane Lo haze myself. 1> 3% . g e Q 65% 36 ‘"{: Willys-Overld.