Evening Star Newspaper, January 4, 1924, Page 28

» PINANCIAL, TOBACCO SHARES | s Open. 76 117% a1 | Ad¢ Rumley. . tAdv Rumley pt. i Afr Reduction Ajax Rubber. Ailled Chem. .. | Allted Chem pt. Allis Chalmers. . Am Agr Chem Am Ag Chm pf.. 1 Am Beet Sugar. | Am Bosch. .. 1 Am Brake Shoe. {Am Can. Am Can pf 1Am Car & Fay m Chain (A).. Am Chicle Co. .. Am CotOctrs. ., Am CotOpt ctts { Am Druggist. | Am Expres {Am & Forpf w | {Am H & Leath. . {AmH& Leapt.. {Amlce......... {Am Internat) i‘$hipping Stocks Also Improve i on Talk of Higher Rates on Ocean Freight. 70 110% 45% 15% 45t 41% 36 8 1084 .« 109% 161 - 22% 19 1% Hav SOUTHERN RAILWAY OFF Seaboard Air Line Highest Since| 1920—Pressure on Oils Less Severe. BY STUART P. Spocial Dispateh to The Star. "NEW | YORK, January 4—Such A L',‘"‘:'::;C- . signs of reaction as there had been | Am Linseed pf.. in the stock market Thursduy pretty | Am Locomotive. well disappeared today. There was|Am Radlator. no uniform advance, but the ascend- | Am Safe Razor, ancy of the bull side was shown in :::z":’fi.&?m‘ the fact that all the moves in spectal | Am Smels pr.. stocks were upward. Toba stocks were among the favorites, and there was quite a list| of these, starting with the high- priced issues like Lorillard and Amer- fcan Tobacco. taking in Schulte and Tobacco Products nd winding up with Phillip Morris, American Su- matra and Consolidated Cigar. There have been rumors for some time that other tobacco erests were after Consolidated Cigar. = Inasmuch = as American Sumatra sold out its hold- ngs of this company a year and a [Am Woolen pf.. 100 half ago, there was no connection [Am WritPrpf.. 3% etween the advance the two|Am W Prpf(ctfs) ocks, Am Zinc & Lead Five years ago. when American|Am Zinc&Ld pf. Sumatra was making money, nego- | Anaconds.. tiations for a union with other com- | Armour of Del panies were opened but fell through |, hera e b Now with a profit and loss deficit, as { £TRQIS CORSIRD neported in the July 31 balance sheet, | (RSO of § 70,000 the position is a ‘Asgo D Goods. different. Asso DG 2d pf.. Shipping Stocks in Demn AT O Shipping stocks were another group.! oyt o €6 - in demand on the new: : of ocean freight rates was under way -::{fl;};“fill’s‘;\:;! . and that some companies had already ;- . ~ started the year with schedul 15 | Attan Cst Line. . to 25 per cent higher. Marine pre- Atlantic Gulf. .. ferred ran up sharply and w: Atl Gulf pf. followed by American International.|Atlantic Ref Profit taking came into Southern | Atlas Powder Railway after it had drawn close 1o | aystin Nien 40, Seaboard Air Line preferred was { augtin Nich p, bid up to 17, where it as at the |V wniter. ‘highest since 1820. Th was belated Auto Sales pf. .. response to the restoration of interes payments on the adjustment bonds, ! »sidwin Locs. . ¢hich come just ahead of the pre- | Baldwin Loc pf. A £:alto & Ohio. Barnesdall (A). ferred shares. : Jectric stocks were in demand { Barnesdall (B). Batopilas Min WEST. Am Stl Fd pf. Am Sugar. . Am Sumatra’ Am Sumatra pf. 59 Am Tel & Teleg. 125 Am Tob pf (n).. 102 40t S0% Am Tobaceo . 150% Am W W 6% pf. 6b% Am Woolen. . 93 in 92! 13% 16 i 801 89 2815 11% 128% 111 G8% 154 again, especially General Tlectri which had a sharp run up, United Al- loy Steel came in for unusual atten k: company's business conditions in the automobile trade and. therefore, has been Eoing very well. American Radiator crossed par for the first time and Indian .\]nlur: 33 Cyele was actively bought. | Bricin-Man T pt. 0il Shares Firmer. Bilyn Un Gas, 1ling of Pan-Americans, which i Burns Bros . h:-(:)eb::‘n”sfich a feature in the last | Butte Copper... half hour Thurgday, was not renewed. | Butte & Super. . This helped thé rest of the olls. The |« a0 on reaction in Pure Oil.was checked just | CaSEC 0L above 2 i American Sumatra Tobacco had a‘C‘m;'g*’, £ brisk run-up today which was prob- | Callf Petrst pf. - by discounting . the .improvement | Callaban Zinc which is belleved to_@ave occurred i Canadian Pac. the past several months in the earn Icen(nl Leatn ings of this company. { Cent Leath pf. American Sumatra has reported a | Cerro de Pasco. profit and losk deficit each fiscal year { Chandler Mot Since 1920. In the twelve months | Chesap & Ohlo. . ended last July the loss was $308,- | Cpecd® Onio pt 600, which was considerably ~less (iR RO " than the deficit of the two preceding | Sl & 21 00 '¢ ears. Dividends have not been paid | C il n the common stock since 1921 and | Chi & East 1ll.- there is no likelihood of an early re- |Chl Great W pt. sumption. Y Chi Ml & St P The econtinued strength in Allied ; Chi il &St P p? Chemical and Dye Corporation com- | Chi & Northwn. mon was attributed to the announce- | cpy pneu Tool ment in this morning’s news that ChiRI&Pac... the federal court had dismissed the [ CWoS oo 'el government's sult to set aside the|ShERIEEI0S sale of certain_seized chemical and ~iMes dye patents. The street construed |ChiStP the news as favorable so far as it |Chile Copper. ... concernad the interests of Allled | Chino Copper... cCC&SstL. Chemical. | Cluett Peabody . MARKET CLOSES STRONG. ! Ciuett&Pby pf.- | Coca-Cola. .. iCclo Fuel.... { Colo & South. { Columbla Gas. .. { Columbn Carbon { Comp Tabuiat ock | Congoleum Co | Cons Cigar. Cons Cigar. Cons Gas of NY. 2 ..o Footh F 18t Df. . Iyn Edison. .. 1 28 18%% 18 1% 105% 7% Gain of 6 Points in General Elec- tric Is Late Feature. P the Associated Press NEW YORK, Januawry prices moved upward in today’s rela- tively quiet market after an early peri- od of irregularity. Pool operations and | CORS A2 1y buying predicated on favorable news|cGontCan.. and trade developments furnished the | Continental Mot impetus for the rise which embraced | Corn Products. most sections of the list. Sales approxi- | mated 850,000 shares. The closing was strong. Railroad shares joined the upward movement in the late afternoon, gains of a point or &0 being quite common in that group. General Blectric crossed 200 for a gain of more than 6 points. —_—_———— | Cuyamel Fruit.. FOREIGN EXCHANGE. | Davison Chem. . (Quotations furnished by W. B. Ifibbs & Co.) ; Deore Co pf. Nominal ; Del & Hudson gold value. IDLa 1;(6 Wes Dome Mine: ¢ Dupont (B 1).::1130% Durham Hos 8 e trillion 51% 93 a7 20 % 63 68 58 T 1563% . 119 84% 66 8315 96 Crucible Steel Cuban-Am Sug. 1 Cub Am Sug pf.. Cuba Cane Sug. !cmn Cane 8pf.. { Cuban Dom'can. i cul London, pound ontreal, dollar . i, franc Rerlin, Rome,’ lir Zurleh, fr Athens, drachm: Madrid, peseta Vienma, crown. Budapest, crown. Prague, crown Warsaw, mark Duquesne-1st pf~103 Eastman Kodak. 108% EatonAxle &£8p. 22% Elec Stor Bat... 60 Emerson Brant. 1% Emerson-B pf. 10% | Endicott-John.. 68% | B &l | Erie 1st p 28% | Erie 2d pE. 2E Famous Playera gi‘»i NEW YORK, January 4—Ioreign | Famous Play pf. exchanges irregular, Guotations (n | Fd Mines&S pt. e . . dollars): Great Britain—Demana, | Fidelity F Ios. .. 1185 cables, 4.30;; sixty-day bills on { Fifth Ave Bus. 4 banks, 4.27%: ' France — Demand, | Fisk Rubber.... 8% 048714; cables, .0488. Italy—Demand, | Fisher Body.... 170 0429%; cables, .0430. Belgium—De- | Flelshman 444 jnand, 04333 cables, .0434. Germany | Foundation Co.. 68% {—Demand, .00000000000021;. cables, | preeport Texas. 12% 100000000000021. Holland—Demand, 5% 3378; cables, .3784. Norway—Demand, | G®! 39% 447, Sweden—Demand, .2635. Den- | Gen Asphait...- 2008 nark—Demand, .1757. Switzerland— |Gen Asphaltpf. T2 mand, .1743. ' Spain—Demand, .1278. | Gen Cigar. lireece—Demand, .0200. Poland—De- ] Gen Electric mand, .00000015, 'Czechoslovakia—De- | Gen Elec 8pl. (nfln .0290%. Jugoslavia—Demand, | Gen Motors. Austrin—Demand, .0000014, | Gen Motors Df.. Rumania—Demand, .0051. 'Argentina | Gen Mot 8% deb. Gen Refractorie Gimbel Bros. ... ark ' By the Associuted Press. 1076 - 15 B1% 82 b2% 48 10 22% 89% 15% 8% 56% 28% 15 14% 51% 81% 89% 4l 40% 56 345 68% 27% +-Demand, .1300 Brazil—Demand, 005. Montreal, .97 _— DIVIDENDS. Goodyear pf. Granby Consol. . Gray & Davis... Gt Northern pf. Great Nor Ore. Greene-Canan. . Gult Mo & Nor.. Gulf M & Nor pf. Gulf St Steel.... Hanna (M A) pf. Hartman Corp. es Wheel... mestak Househ'd Prod. Houston Oil.. Hudson Motors. Hupp Motors... 1785 Hupp rights 3 Hydraulic sti % Iliinols Gentral. lo:“ Indiahoma. 2 IndianMotorcy Company. . Lt. & Trac . Lt. & Trac. fen Fagis Congolpum e ake Wi i it . e FEpr HEE e . P8 i, Reaitng. ot DE 2 See. Corp. 1st pf. jon Of1 of Cal.. - g B Loecoo0s0l 000CE ool ™ Zaiany < 5 $100 par conymon stock. PARIS, January 4.—Prices were strong on the bourse today. Three per cent rentes 53 francs 6 centimes. Exchange on London, 8§ francs. Five por cent loan, 68 francs 85 centimes e dollar was quoted at 20 francs |l % 57 .centimes.. . ... % 146 High. 76 41 104% 109% 161 22% 20 11% 8674 6 102 961y 9y 524 88 23 11 191 8% 74 100 [ 1 60 97t 874 102 bA% 23% 67 126 102 40% 907 150% 66t 100 128% 111 B9 15 121% 24 26" 9% 5 14 491, 21% 7% 6315 P 67% % 163% 119 343 661 33% 96 147 Low. k] 1% M1 108% 109% 161 22% 1 96 0% bi 83 107 19% 26 - 98 [ 12 59 974 5 102 n4 20% 1 12 111 58% 150 10% 121% 145% 14 20 6 63 6% 564 % 162% 119 da% 65% 33 98 14% ©0% 6% 70 107457 11 LAY 1 180% 8 43 1181 9% 8% 174 444 684 2% 46 41% 2% 94% 10% 153 8l 82% 52% 49 Ll 102 102 102 765 615 6% 2 2 2 21% 19% 21% 5% 5% 25% 8% 1% 26% 13% 1% 5% 108 18% $5 81 170 443 68 12 45% 39% 73% 8434 198% 200% 198% 10% 15 814 814 562% 48 10 22% 29 13 25% 18% 1 6% Close 6 1 41 67 [ 72 11 4 6l 41 0tis Steel. . 163% 119 34% 66%, 35% 14% 61% 4% 47 8% 107% 111 (19% 132% 8 108% 108% 118% 9% 173 441 8 12 46% 41% 728 9434 200% 10% 15 81y 82% 62% 49 10 225 39% 16% 8 5ok 28% 15% 16% 51% 81% 69% 4% 42% 656 34y 693 27% 1% 3 % INCREASED BUYING IN BONDS IS NOTED Wi\de Assortment of Issues Bought During Trading in Mar- ket Today. ! In Ag Chem p°.. Int Cement. i !Tn Combust E. . ine. : Int M Marine pt. Int Nickel. ., ‘ Invincible Oil Iron Products. . Jones Tea...... Kansas & Gulf. . KCP&Lt 1st pf. KansasCity S.. Kansas C So nf. Kayser (Julius) Keily Spr Tire. . Kelly-Spr 6% pt Kelly-Spr 8 pt Kelsey Wheel. . Kennecott. . Keystone Tire.. Kinney G R.... Laclede Gas, ... Lee T & Rubber. Lehigh Vallev. . Lig & Myer (B). Lima Locomo. GAINS LARGELY FRACTIONAL U. S. Obligations Remain Firm and Fairly Active. BY GEORGE T. HUGHES. Special Dispateh to The Star. NEW YORK, January 4.—The bond market was definitely strong today. Demand centered in the good middle grade bonds rather than in the sav- ings bank rank. The indications were that a large amount of January dividends and interest disbursements were belug reinvested in good bonds, but that investors were not willing to take less than §'c per cent. Re- newed activity in more speculative | fssues was also in evidence. Lorillard (P) | Louls & Nash McIntyre Por Mack Trucks | Mackay Cos Mackay Cos pf. Macy C | Macy Copf...")! Magma Copper. Manati Sugar Hanhat Il Sup. Manhatn El guar { Manhat Shire. .. Maracalbo OI1.. Market St Ry... Market St pf. Market St R 2d. \larkat St prior. { Marland O | Martin-Parry 1 Maxwell (A). Maxwell (B) May Dp Storas: . Mex Seaboard. . Mex Seabd ctfs. Mtami Copper, Middle St Qil. .. Midvale Steel... Minn & St L. 3 Minn StP & SSAI. Vo Kan & Tex.. Mo K & Tex pt.. Short-Terms FPopula A notable feature of the day was the inquiry for rhort term securities. wific convertible 4s of equivalent to a United States notes of 1 This last nan 9 ran 9 pe Rubber sold we 65, and Southern while not cific ng ntral Teather Gs, months, was another o gain grou bend was up aboye the . in Novembe Stroet Railway first os, Scetember, and the 6 per note: due April oth gained fractionail and in the ‘case of bonds with such very short terms to ryn a fractional gain represents a large decrease in maturity yield Some Market Leaders, the most significant de- better market for bonds ms Tennes- 68, Tacitl s ison 6s and This grade in fifteen term issue price the the du Market next ¥ vic Philadelphia € ¥ 6 of bonds has been comparativ {lected for a long time. but it is the class to which investors desirous of |riasonable security combined with a {tair return would naturally turn. Among the * speculative lesues Brooklyn Manhattan Transit made a new high on heavy trans: tions and a buying movement ried International Mercantile Marine 6s up nearly a polnt. American ton 01l t X8 wold & points above the quotation less than a week ago. Atlantie Fruit is certificates stemped jumped 2 points. Seabonrd Liens Higher. Trading in the speculative rails was more quiet but there was no e lof weaknews anywhere and board junior licns higher. St. Louis come 6s touched important chang: st French bonds, especially the obli- gations of the natignal government, manifested the same indifference to the weakness {n franc exchange which has been so remarkable a fea- ture of the market for a week past. IDIAMONDS SENT U. S. | WORTH $65,000,000 Special Disps to The NEW YORK, January 4.-—-T imported into the United State: calendar year 1923 exceeded those of any year except 1919. The total value of diamonds of all classes Imported in the ten months of 1923 for which fig- ures are available, is. according to the 654 | Trade Record of the National City Bank of New York, $32,000,000, and should the figures for the months of November and December equal those of October they would the year's total to about $65,000,000 for the diamonds alone, while if pearls and other material of this character were included, the portation ‘precious stones’ in 1993 would approximate $52.000,000 in 1923, against $65.000.000 in 1922, and $105,000,000 in_ti:e calendar year 1919, the hig: ear of imports of this ch; 3 That the “precious stone habit” a growing one with the people of th country is indicated by figures cor piled, for the Trade Record. which | show that the total imports of cious " stomes” of all classes have grown from $15,000,000 in the fiscal year 1900 to $34,000,000.in 1905, 348, 000,000 in 1910, $51,500,000 in the ca endar year 1916 and $165,000,000 in 1919, With the slowing down of busi- ness and industry which followed the close of the war the imports of pre- clous stones dropped to $76,000,000 In 1920 and $28,000,000 in 1921, but with ¢he revival of business and industry the imports again advanced, $68,000, 000 fn 1922, and, as above indicated, will be about $§2,000,000 in the cai- endar year 1923. Diamonds, of course, form the bulk of the group of “precious stones” im- ported, and the subgroup, “diamonds cut but not set,” is the most impor- tant factor in this entire group, to- taling. in round terms, $8.000.000 in 1900 out of a total importation of about $15,000.000 of precious stones of all kinds, $$7,000,000 in 1905, $29,000,000 in 1910, '$64,000,000 in the high record year 1919, and will be slightly more than $50,000,000 in the 1923 total. The above figures as to the value of the precious stones imported do not by any means represent their real cost to the people of the United States or thefr value at the present time. The official valuation of all merchandise imported, whether precious stones or otherwise, are those of the value in the country from which they are shipped to the United States, and if we add to the original cost of the value in the country from which sent the cost of transportation, including in- surance, duties paid at the custom- houses, sales tax, and cost of cutting and mounting, it is apparent that the billion dollars’ worth of diamonds im- ported in the last half century have cost their present owners approxi- mately $2,000,000,000, or more than one-half of the world’s diamond hold- Mo Pacific pf. Montana Pow. Montg'y Ward.. i Moon Moto Munsingwear. Nash Motors Natl Acme Nat Biscuit. . Nut! DeptStores Nat! Enamel. Natl Lead. Natl Ry of M t Supply. . Nevada Copper. N Or Tox & Mex. N Y Atr Brake. . NY Alr Brk (A), N ¥ Central.... N Y C-Readg rts. INveniastL., NY Chi & StLpf. NYNH&Hartfd. NY O & Westrn. Norf & Western. North Amer-. ... North Pacifie. .. Nunnally Co.... Orpheum Circui Otis-Elevator Otis Elev pf | otis Steel pf. | wens Bottle. .. ®ac Gas & Elec. Pacific Mail Pacific Ofl . Packard Motor. Packard Mot pf. Pan-Am Pete. .. Pan-Am P (B).. Parrish & Bing. Pennsylvania. Fenn Seabd St1. People's G Pere Marquett: Pere Marq pf... { Plerce Ar prior. Pierce Ofl...... Pitts Steci p Pitts & W PITGS&W Vapr.: Postum Cereal.. essed St1 duc & Ref. | Pub Service Punta Alegre. Dure OMl... | Railway Stl Sp Ry St1Sprpf... Rand Mines Ray Con Copper Reading. . Read{ng rts. Reading 1at pf.. Remington. Reming 15t pf. Replogie Steel.. Rep Ir & Bteel. . Reynolds Spr... Rey Tobac (B). Rey Tobpf B... TRossia Insur. foyal Dutch. St L&San Fran. 4t L&San Fr pf. St L Southwn St L South pf. Sivage Arma. .. Schulte Stores. . Seaboard AlrL. ‘Seabd AL DS Sears Roebuok. Seneca Copper. . Shell Union, Shell Union pf. . 291 ) 561 | 23% 106 is 7 15% 881 61 17 92 6 1% 22 284% 10% 26% 24% 59% 6715 100 87l 39% 16% 60 6815 40% 117% 634 94 81 108% 1% 2% 9% 44 62 21 10 30% 69 90% 17 4% 40 40 W % 129% 128% 72 T1% 33% 32% 182 182 20% 20% 11 8% 40% 38 74% 71 86% 86% 3% 8% 8% 18 70% 69% 102 102K 101% 104% 104% 104% ..o 87% 388% 3T% 20 90 90 20% 21 20% 98% 98% 984 119% 119% H9% 56 56 56 Copper. 84% 63% Securities. 16% 16% 1 Vansdlum Corp. 20% 30% 208 Va:CarChem... 9% 9% 9% 10% Skally OIl. Biosa-Sheffeld. . o Porto Bugar. So Porto R S pf. South-Pacific. .. Stand Milling. S0t of CaliL. . !Stand Ofl of NJ StOtlof NJpf. Sterling Prod Stew’d-Warne: Strombg Carb. Studebake! Submarine Bt... Superior Oll. Tenn Copper. Texas Company. Tex Gulf Sulph. Texas & Pacific. Third Avenue. .. Timken Bearing | Tobacco Prod. .., Tobacco Prod A. Tobacco Pro pf. Trans Cont Ol Underwood. . Unlon Oll..... % Union Pacific... 128% Hfl Pacpf.... 72 n Alloy Steel.. 324 United Fruit. 182 Utd Pap Board 20% United-Ry Invii. 9% Utd Ry Inv pt... 88 34 1% 10% 34% 15% 15% 48 9% 1% 15 108 8415 80 8 1% % 26% 54% % % 8% 10% 81 36 282 25% 70 13% 38% 68% 81 34 4% 14% 10% 345 15 15% 48 4% 11% 883 16% 15% 48 9% 17% 15 Wabash pf (A). ‘Waldort System., Web & Hellbrn.. ‘West Penn Co. Western Md. «85% 15 16% 43 17% 15 108 86 61 38% 67% 895 114% % West Pacific % 83% 20% 11 40 4% 6654 8% 18% T0% 102% 1047% 384 90 21 58% 110% we Wheeling&L . Wheel & LE pt... White Eag Oil. Wickwire.. Willys-Overld. . Wiltys-Overl pt Wisconsin Cent. Woolworth. . Worthington. ‘Worth'gton (A). Wright Asro... Wrigley, Jr...... Youngstn Tube. 56 Call Money. 84 364 |° LOURLY SALES OF 8TOCKS. 80% | 11am.....268 513 700 9%f 13m, 38% €9 it _THE 'EVENING STAR, WASHINGTON, NEW YORK STOCK EXCHANGE Received by Private Wire Bivect to The Star Ofice posit of United States | x| v D. C, FRIDAY, JANUARY 4, 1924. |ov NEW YORK BONDS@ Received by Private Wire Direct te The Star Ofice. . (Bajes are {n $1.000.) f UNITED -’rA':nLJ:an..u s Fractions . en y - 8 3 e mble: " 56.5 means 33 3-35.) Sales. High. . Low, Close. Lib3% 305 99-18 99-8 99-14 Lib 24 1 : 98-5 98-5 98- Libist4is.. 20 98-13 98-10 98-12 Lib 2d 4%s. .. 326 98-9 98-7 - 98-8 Lib8d 43s... 1989 99-13 99-10 98-11 Lib 4th 4%s.% 861 98-14 98-12 98-14 US4%s 1962, 166 Close. K% 9% RT% 82% 96% 81% 101% 88% RAILROADS. ‘Sales. High. 8 10 1 Atchison gen és. . Atchison adj 4: Atlantic CL 1st 4s. B&Oprinsys. < % & & & B & O gold 4 B&Q6s B&O B&O B&O PLE&EWV 4s. 4 B & OBW div3%s. 25 B & O Toledo 4; Bklyn-Manhat 6 Bklyn R T 7s°21. Bklyn R T bs Buff R&PItt 438, Can North 6%s. . Canadfan North is 99-16 99-13 99-16 FOREIGN. Sales. High. 101% 861 974 7% 9% 85% 75 78% 943 4% 99% 101% 9913 9913 103 94% 42 Clowe. 101% 86% 9% 9% 7% 86% 75 8 94% 94% 99% 101% 90e 99% 103 Jow. 101% 86 9T% 96% 97% 86% 75 78 94% 94 99% 101 99% 9915 102% 94% 42 107% 88 91% 94l 108% 931 90 947 94v4 Argentine 18 Austria 7s Belglum 7% Bolivia 8s. Bordeaux 61 Central Pacific 4s Ches & Ohio cv bs. Ches & Ocv 4% Ches & Ogn 4% *hi & Alton 3s Chi & Alton 3 <hi B&Q gn 48 °'58. Chi B&Q 1st rf 5s. Chi & E Tl gn Chi Great West 4s. Chi GrWest 4s (n). Chi M &St P re 4%s 10 M&St P cv s Chi M&St P 48 °25 Chi M&S Pev 4% hi M&St P 45’34 M & St P gn 4%s. Chi Rys5s..... ChiRI&Pegn4s.. hiR I & Pacrf 4 {TH&BE 5s hi Un Sta 63%5. 1& W Ind cn 4s. ‘C&StLrf6s A . 24 Canada bs 1931. Canada 53 1962. Chile §51926. .. Chile 751943, .. | Chinese Gov Ry bs. Christiania 8s. Copenhagen 5%s. {Cuba blanctfs. ... Czechoslovakiu 8s. Denmark 8s. Denmark 6s. . Dutch E156% Dutch Kast I 6 Dutch Bast I 6 Framerican French Govt 74 Haitl 6s. . 2 Holland-Amer 6s. Italy 6148 1925. ... Japanese 1st 43ts. Japanese 2d 4 % Jergen UM 6s Lyon 6s. Marseille 6 Montevideo 7s. Netheriands 6s. Norway 8s. . Norway 6s 1943. .. Orient Dev deb 6s Paris-Ly's-Med | Prague 735 Cuba R R T%s Cuba RR 5s. Del & Hd st rf 43 Del & Hudson 5% Den & Rio G cn 43 D& RG strf bs Det United 4 Erie gends . Erie con ext 7s Erle conv 4s A Erfe conv 4s B Erie conv 4s D r Trunk sf db rand Trunk 7s. ir North gen 7s. Gr North gen 5%s. Havana ERL&P 58 18 Hud & Man ref 5 Hud & Man aJ 5s. 111 Cent ref. {11l Central 53¢s. Int Rap Tran 5s. .. Int Rap Tr 55 stpd. 54 Queensland 7s Queensland 68 Rio de Jan 8s 1946. Rio de Jan 88 1947. a0 Paulo State 8s. Seine Dept of 7s. ... Serbs Croats § Soissons 6s. .. Sweden 6s........ Swiss Confed 8s. .. Toklo bs... . : Ud Kingm 58 '29. Ud Kingm 6%s '37. Zurich 8s. . MISCELLANEOUS. Am AgrChem 78 12 97 Am Chain s f 6s°32. Am Cotton Oll 5s.. 9 Am Smlit&R 1st o5, Am Smlt&R 6s. ... Am Sug ref 6 AmT& Ty 6s. AmT& Tcltrbs.. 33 AmT& Teltrds.. AmT & T deb 5%s.14 Am Writ Paper 6s. 11 Anaconda ey db 78.103 Anaconda it € Armour & Co 4 Armour of Del 5% Asso Ol 68 re Barnsdall 8 f §s. Bell Tel Pabs..... Beth Steel 533 '63. Beth Steel pm 5s. Beth Steel rf 5x.. Beth Steel 5 f 63 Brier H St 1st 5133, Bklyn Edison 7s D. Calif Pete 6128 w 1. Central Leather 58 Chile Copper 6 Commonwth P Con Coal Md 1st 63, Cubs.Cane cvd 8s. Cuba Cane cv 78 '30 Det Edison ref és. Du Pontde N (%s. Duguesne Light 68 Est Cuba Sug Empire G&F Fisk Rubber | i | Int & G Nor aj 6 Int & G Nor 1st 68 Iowa Cent rf 4 Kanses City S bs. . Kan City Term 4s. 13 | Lake Shore 45 '28. Leke Shore 4s ‘31 Lehigh Valley 6 T.ouis & Nash 54s. {Louis & N uni 45 Louts & N 3s 2002 | { Manhat Ry cn 4s.. Market Stcn Gs Mil El Ry & L Gs. | M & St L1strf 4 { MStP & SSM 61ea. MK&Tprinss MK&T4sB. MK&T6sC MK & Tadj Mo Pacific 6s Mo Pacific 58 *65. Mo Pacific gn 4s N Y Cen deb 4s N Y Centribs w Haven c d 68 ew Haven 7s. New Haven 7s fr.. N Y Ry rf 4sctfs. . Norfolk & W cn 4s. Norfolk & W cv 6s. Vorthern Pac 3s. rthern Pac 4s. Northn Pacr 1 és. Northern Pac 5s D. O Short Licn 55 '46. Ore Short L ref 4s. Ore-Wash 18t 1t 4s Pennsyl gen bs. Pennsyl gen é%s Pennsyl 6%s. Pennsyl gold 7s. Peoria & E inc 45 Fere Marg 1st 5s. . Pere Mrq 1st 45 '56. Reading gen 4s Rio G West cl 4 RIArk & L4%: St L IM&S R&G 4s. StLIM&S 4529, tL&SFplisA tL&SFprinbs. StL&SF Inc 6s. StL&SF6%aD StL & S Fadj6s... StL&SFpléaC StLSW Istds. St L8 W con 4s 32, StP Un Dep 5%s. San A & Arn P 4s. Seab'd A L 45 sta. Seab'd A Lref 4 Seab'd A L adj b Seab'd A L con 6s.. Sou Pacific é8 1929, Sou Pacflo ret 4; . Sou Pacific clt 4s. Southern Ry 1st Southern Ry gn 4s. Southern Ry 61 Southern Ry 68 ct. | Third Ave ref 4: l Union Pac ist rf 43 97 | Cnion Pacev 4s. 831y | Union Paccv 6s . 94 {Unlon Pac 18t rf s 100% | Virginia Ry 1at 6s. Va Ry & P 1st 5 ‘Wabash 1st s vabash 2d 5s ‘Western Md 4 estern Pacific 5s. West Shore 1st 4 79% Whel &LE rf 435s. 54 TOTAL SALES (Var Value): 1la.m.. 2580000 12 noon 5469000 1pm.. 7243000 2 p.m....9 865000 TREASURY CERTIFICATES. (Quotaticns furnished by Redmond & Co.) Bl Offer. 100182 100 100 1-16 mifl 100 23-32 100 18- i3 B HE 100352 100 323, 3en Elec deb 3s. .. GengRefractres 6s. Jaodrich 6% odyear 88 1931. Goodyear 85 1941. Hershey 68 1942 Humble O&R 5i4s. (linols Beil 1s Intaer Martne 6s. Int Paper 1st 5s B. KCP&LtssA b2 Kelly-Spring 88 Lackawa S 5s°'50.. Manati Sug st | Midvale Steel 55 Montana Power 53 Morris&Co ist 4133 106% 21 1% 6% 608 80, 59% 87l 3% 29 76% 8% 958, T1% 59 48 445 684 3 86% 8314 9545 69% 102 964 b4 45 6% o1y 82 5% 102% 100 92% 888 2615 87% 58% 81 80 54 N Y Tel 68°41. N Y Tel 4% N Am Edison 6s Nor States Pow b Nor States Pow 6i Northwst B Te 7s. Otis Steel 7%s Otis Steel 83 Pacific Gas & El 53 Pac Tel & Tel 55. Pan-Am Pete Pan-Am Pete 61%s. Phila Co 5%s '38 Phila Co ref 65 A. Plerce-Arrow 8s. Producers & Rf 8s. Publtc Service 58 Punta Alegre 7s. Saks & Cos11s Sharon Stl H 8s. Sinclair Oil 7s. Sinclair Ofl 6% Sin Crude Oil 53s. Stn Crude Ol 6 Sin Pipe Line 68 South Bell Tel 58 So Por Rico Sug 1s. Sug Est Orient 7s. Tenn Elec Pow 65 | Tide Wat Oil 6%s. Toledo Edn 1t Ts. Unlon Bag & P 6s.. U S Rub 1st £t 5 U 5 Rubber 73s. U S Steel s£68.... Vertientes Sug 7s. Car Chem 7. va-Car Ch 738 W rner-Sugar 7s.. oy - - ve® NWOODWR R0~ - 86% 831 959 691y 102% 96% b4 45 764 a4 82 95% 102% 100% 5 7518 BB oamat e Union Pac 1st 4s... 207 82 95% 102% 100 924 88t 961 8774 581 81 @ EXT- TN =t 100% 96 930 102 106% 9674 85 1047 + 102% 93 Ba 71 102% 108% 107%.107% 76% 76% 9% 96 94 9T 9% 94% 967% % 10574 Westinghou wickwire Spen wilson & Co 1st 65. et & & 188 571 Marcn 15, 192 ey i 728 Tame 1. 1024 5iss September 10, 1924 4% Maren 15, 1825 4igs June 15, 1925. %8 December 15, 478 Marcn 15, Toes 3145 September 15, 4455 Mareh 16, 1927, 418 December 15, 102" 48 June 18, 1u24. 100 100 1-33 s December 15, 1974 100 100116 grfmomeend B EX-DIVIDEND TABLE. Janary T e Gen, Motors 7 deb, n. " Motors 854 deb. .. Gen: Motors 0% p ‘Jaoua v per Dt Detrolt iyer Tunnel s N. Alr g:le. qQ SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) —Noon.— Bl s 1935, 1054, 907 00 Ajumizum Colof Amer. um nui X fmar‘c:n Cotton Oil 8s 1924, American Sugar s 1997. ‘American Tel. & Tel. 6s R N naconda_Copper A orAmerican OIl Tiyw 1935, Taftimore & Ohlo 6a ib24. L Ca ern 5lps 1024 .. QOentral Argeatine fig ©s 1027, Contral Leather Gs 1925, A Ohi., X, 1. & Pacific 538 1008-32 100 782 06 American_Ice, pf. Hurbison-Walk. Re 3 Vulean” Detinning 5., B, a Vulean Detinning Co., pt., A. q. January 10— Abitibt Power & Paper, q. Allignce Realty Co. Am Pen: g ift & Co. B8 Paewater 01 Gips 1081 Union Tank Car 7s 1880, oo oo, Oge. 1086 Western Unlon Uigs 1005 | Pitts,” Coal Co.,.q. Titts, Coal Co.,"pL., Q. BUTTER PRICES HIG CHICAGO, January ‘ 4.— Butter. higher; creamery, extras, 541 ; stand. ards, 51; extra firsts, 50%4a63%: firats. 46a48; seconds, Il%“lfl. Eggs, un- changed. Receipts, 5,633 ;. - ‘Honduras is completing & motor highway from the Atlantic to the Pa- FINANCIAL., Grain, Produce and| Live Stock LOCAL WHOLESALE MARKET. Early morning reports indicated increased activity on part of buyers, | buying having been slow sipce the close of the holidey season. Prices have undergone very little change this week, dealers reported, and there fs no scarcity of supplies. Choice cuts of beef are in fairly £00d demand at high prices, while there is practically no demand for rough meat, Large receipts of pork have served to keep the market well supplied, and cheap prices prevail. Heavy re- celts of pork from nearby states, it is stated, is the result of delay in killing because of continued warm w-iuher. g&s—Strictly fre ected, can- died, Der dozsn, oass; Lverage recelpts, 44: storage, 25, Live poultry—Roosters. per 1 turkeys, per ib., 20a32; spring ens, per ib., 28a30; keats, young, each, fowls, per 1b., Ziazs. u chickens, 'per o, 301 per 1b.,’ 32a23; hens, per Ib turkeys, per 1b., 30a35; keat each. 80a85: roosters, per 1b, 20. Game—Rabbits, No. 1, per dozen, 3.00a3.60; No. 2, 1.26a1.50. Live atock—Calves, choice, per Ib, 1214: medium, per Ib., 11; thin, per Ib. 8al0. Lambs, spring, per 1b., 13. Live PIB®. 2.00a5.06 each; ilve hogs, per 1., Treen frults—Apple 5082.00; per barrel, 2 Cal fornia oranges, per crate, ® Florida, 3.50a4.50. Lemons, per box, 3.5024.50. Grapefrult, 3.00a4.00. Cran berries, 5.00a5.30 per one-half barre trapes, California Emperos, 1.50a2.50. paycEciables—Potatoes. nearby No. -1, a1.60. roasters, 30a32; young ] per basket, Potatoes, round, .00; sweet potatoes, 6.50a outhern lettuce, per crate, 1.00a2.00; g, 3.00a3.50. = Cabbage, northern, 0a2.00 per 100 1bs.; nearby. 1.00a 1.50 bbl. Tomatoes, Fiorida, 3.00a6.00. Beans, southern, per basket, 2.00a3.50. Peas, ‘per basket, 1.50a2 ‘New York celery, per crate, washed, 5.50a6.00; in rough, New York, 2.50a4.00; California, 6.00a8'50. Squash, B-5043.00. Peppers, pe: crate, Florida, 2.50a3.50. Eggplant, 4.0025.00. Kale, per bbl, 1.00a1. Spinach, per bbl., 2.50a3:50. Southern cucumbers, per bus| rots, 100-1b. sack, sprouts, 20a30. Icel 1 GRAIN AND PROVISIONS. BALTIMORE, Md., January 4 (Spe- cial) —Potatoes, white, 100 pounds. ound sacks, 1.50a3.00 sweets and yams, barrel, 2.0086.00: bushel, 1.00a2.50. Beans, bushel, 1.50a 2.75. Beets, 100, 3.00a5.00. Broccoll and kale, busbel. 25a30 Brussels sprouts, quart, 0a2: Cabbage, bas- ket, 1.50; Savoy, bushel, '35a: Carrots, 100," 4.00a5.00. Caulifiower, barrel, '1.50a2.50. Celery, crate, 2.00a 4.50. Cucumbers, crate, 2.50a3.60 Egg- plants, crate, 3.00a4.60. Lettuce, bush- el, 1.00a1.75. Onions, 100 pounds, 1.75u 2.75. Oysterplants, 100, 6.0027.00 Par- 45a85. Peas, hamper, | sppers, crate, Dbushel, ' 75al.00. h, ‘crate, 1.50a2.50 Tomatoes, crate, 2.50a 4.50. Turnips, bushel, 35a40. Apples, packed, barrel, bushel, 50al.25; loose, 100 pounds, 1.0021.35; box apples, 1.50a2.25. Cran- berries, barrel, 6.00a9.00 Grapefru! box, 1.5022.75. Oranges, box. 2.00a3. Pineapples, crate, 3.00a4.50. Straw- berries, quart, 35. Selling Prices on Grain. Wheat—No. 2, red winter, 1.08%; No. 3, red winter, quotation; 2, spot, spot, no red winter, gar- ! £ 66! § 20a32; chickens. 38 |y No. 2, licky, domestic, 1.09; export, no quo tation; No. 3,’ red winter, garlicky spot, 1o quotation; No. 4, red winter, garlicky, spot, no quotation. Sales—Nore. Corn—Cob, new. 3.75a3.85, for yel- low “and 3.65a3.70 per barrel for white; No. 2 corn, spot, $6 gorn, spot, 83%; track corn, yellos 2, new, 87, Sales—None. white, spot, 78%. Hay—Receipts, 119 tons. For top grades of timothy or light clover mixed, the hay market Is firm as quoted with recelpts of good hay light. There is a fair demand for the better grades of timothy, light clover mixed and strictly No. 1 clover. uotations—No. 1, timothy, 27.50a 28.00 per ton; No. 2, 26.00a27.00; No. 3, 24.00225.00; No. 4, 22.00a23.00; 1 clover mixed, 24.50a25.00; clover, 24.00225.00. Straw—No. 1 stralght rye, 24.00a 25.00 per ton: No. 1 tangled Iy 15.00a16.00; No. 1 wheat, 13.00a14.01 No. 1 oats, 14.00a15.00. DAIRY PRODUCTS. BALTIMORE, Md., January 4 (Spe- clal).—Live poultry—Turkeys, pound, 18a80; young chickens, 20a27; Le horns, old hens, 20a2 horns, roosters, 3 ,“each, 36a65. poultry—Turkeys, pound. old roosters, | 6a17. Ducks, . ese, 24a30. Eggs, loss 0ff—X and nearby firsts, dozen, 42a43; southern, 40. Butter—Creamery, good to fancy, pound, 51a86; prints, 66a8; nearby eamery, 42a46; ladies, 34a35; rolls, 28232; _store-packed, 26a27: dairy prints, 28a32; process butter, 39. . TODAY'S CHICAGO PRICES. CHICAGO, January 4.—In sympathy with weakness at Liverpool, the wheat market here showed & down- ward tendency today during the early transactions. It was sald that offer- ings of Canadlan wheat to Great Britain were cheaper and that shlp-' ments from Argentina had enlarged. Selling of wheat In Chicago was hold in check, however, by firmness of the corn market. After opening unchang- ed to % lower, May, 1.07%, and July, 1.08 to 1.06%, wheat underwent some. thing of a setback all around. With: arrivals of corn continuing meager, and with abnormal cold Weather prevailing, the corn market had an upward slant. Receipts in Chicago totaled only 100 cars. Open- ing prices, which varied from tha same' as yesterday's finish to higher, May, 75% to 75%. were fol- lowed by sitght general gains. Oats took their cue from corn, starting_a de to %al, higher, May, 453453 to 45%, and later hardening a little more. Provisions lacked buving support, despite an advance in hog vafue: [EAT— Open. . Low. . Close - 1 1,074 1.05% Dressed 12.10 1212 1206 1210 January . 9.65 May 0.87 85 CHICAGO LIVE STOCK MARKET. 2.0024.50; | % Pigeons, | W.R. & E.EMPLOYES MAY BUY STOCK New Partial-Payment Plan Goes Into Effect With Men Tomorrow. DETAILS OF LATEST MOVE Trading on Local Exchange—Gross Government—Other Finan- cial Notes, A plan whereby employes of Washington Rallway and Electric Company may share in the profits of the company through the purchase of its cumulative § per cent preferred stock on a partial-payment plan will be declared operative tomorrow. cording to a circular letter received by employes today from Willlam F. liam, president of the carrfer. In furtherance of this plan the compan has aiready purchased the open market, there being no u; ed stock, several hundred shares of the issue which explaing the rise of severa! points in the security fn the last week Under the plan emploves in service one year and over may purchase not exceeding ten shares of stock on the basis of one s for each $300 of annual wage or sala 3 ment of $5 per share ¢ T et share per month unt fully paid for, include interest at 6 deferred payments. Palfl to subscribers paid by the company. Present ¥ 2 pric of the stock is about $74 per sharr par value 3100, but the stock hereto- fore purchased by the company in th open market averaged about $72.50 at which price it will be s0ld to « ¥es as long as it lasts; thereaf further orders will be entered at the current market price on the Wash- ington Stock Iixchange, The company will hold the stoe as security until suberipitions are fully paid. and no stock will be d livered until fully paid for, but pay- ments may be anticipated. " The preferred k iz generall considered a seasoned investment e curity, having pald dividends of 3§ Der share cach year for almost twen. ty year: d yielding about a 7 pe cent return upon the actual cost a the present time, in for sh on the ends will be s declared an Danzig’s New Currency Plan. he senate of the free state of Da introduced an intermediate he, Danzig gulden,” for presen whith has be upplementad final curren according to letter. the needs, a word re The new currenc; Danziger Centralk for this purpose. be made later on by the Bank of Danzig. which will_be founded for at purpose. The Danzig gulden is sed on the pound sterling, twenty- five Danzig zulden being equal one pound sterling. nder the t of the Danziger Centralkasse, A. to issue gulden notes f only against bank cheques telegraphic transfer Lond ment in notes of on the other hand, the C=ntralka: is bound to exchange, on demand, ti gulden notes for cheques on London The Danzig gulden was brought into circulation on November 20, and although the German mark con- tinued to remain legal tender up to the end of the year, it disappeared almost immediately on the intro- duction of the new currency. as everything. including rates and taxes, post fees and rai fares, has been based as from November 1 on the new gulden. The board of the Danzig Stock Ex- change has decided to make all quo- tations fc reign bills as well as for stocks in Danzlg’ gulden. The only exception is the English pound note, which Is quoted in Rm. (Ger- man _currency) in order to get a standard for the valuation of the relchmark and to bring the Danzig guldenin relation to same. Gross Government Debt. The gross government debt, less balance in t general fund. totaled $21,589,160.346 on December 31 Jast. a decrease of most _one billion dollars from the 48,456,896 reported o1 December 31, 1 The peak of the war _debt, August 1019, was, le 31, {net balance in the general fund, § 13. Banking Course Resumed. The credits course of the local chap ter American Institute of Banking, Wil be resumed tonight under the leadershiy of Carl V. Starkloff, who will lecture on “Financial Statements. Trading on Local Exchange. Washington Railway and Electric common _today held the limelight ou the local board, a total of 100 shares selling at 703, the recent prevailing level. Capital Traction was unchang- ed at 95, but Washington Gas was firmer at 50. Merchants' Bank and Trust company sold at 129, and Amer. iean Security and Trust Company at Gas 6s of 1983 at par and a half were the only bond sales. LIVERPOOL COTTON. LIVERPOOL, January 4.—Cottox spot, quiet; prices, steady. middling, 20.93; middling, 19.9; good ordinai Sales—5.000 American. cluding closed stead 93; ordinary, bales, ‘including’ Recelpts, 44,000 bales, in- 0 American. _Futures 20.17; Marcl. 19.59; Septem- 16.60; December. January (1925), 16.04. HUMBLE EMPIRE BUILDER. Lord Leverholme in the London Spectator. When 1 first visited Australia in 1892 there was then living in New South Wales one of the earliest Aus- trallan squatters, named Tyson, weil over ninety years old. Ho was 2 multimillionaire in mon- ey, cattle, sheep and land, yet lived the same simple life he had lived as a shepherd in England as a youns man. He was asked why he worked on when he had so much of this world's wealth, and he repljed: “It is not money I work for, but I've put cat- tle where there were no cattle; I've put sheep where there were on sheep; I'v put houses where there were no CHICAGO, January 4.—(United States Department of Agriculture)— Hogs—Receipts, §2,000; active; strong to 6 higher; good and choice 240 to 1300 pound butchers, 17.25a7.35; top, desirable, 200 to 22§ pound av- erages, 7.10a7.25; bulk light welght, 6.90a7.05; packing sows. 6.60a6.80; weighty slaughter pigs, 6.25a6.50. Cattle—Receipts, 9,0 moderately active, uneven; - desirable vearlings and handy weight strong; others and matured steers, fat she stock about steady; best long yearlings, 11.50; some handy weight steers, 11.00; bulk short red offerings, 8.50: steady to 10 cents lower; boiogn: 5.00a5.15; few 5.25; vealers, upward to 14.00 to outsiders; packers paying 11.50a12.50; light calves, weal shade lower; stockers and feeders scarce; few yesterday 6.25a7.00. Sheep—Receipts, 16,000; slow; best fat lambs steady; few early sales; eep weak to 25 lower: Dbulk fat lambs y, 13.00a13.50; medium and handy weight fat “ewe: 258 choice feeding lambs, 12.75. LIVE POULTRY LOWER. CHICAGO, January _4.—Poultry, alive, lower; fowls, 16a2314; springs, 21; roosters, 13%; geese, 15; turkeys, / houses; and I've put white men and women on land where there never were white men and women befors and made them happy, and that is worth working for, and.not the money."” Yet all over Australia T heard him described as an avaricious old miser Gypsy Woman the Boss. From the Kansas City Star. The wife and mother is the real boss of the gypsy family. She con- trols the property. manages the children and holds the strings of the family pocketbook. They think- the men "are not wise and discreet enough to_deal with such tweighty matters. When the suffrage agita- tion was at its height in this coun- try the gypsies marveled that Amer- ican women were fighting for rights which their women had been exer. cising from the days of remotest an- tiquity. The “gypsy queen” is a familiar character'in the gypsy camps of Eu- rope, but in this country a man is usually in apparent command of ths company. But those who have pene- trated into the Inner circles of their camps tell us that the women are the real leaders.