Evening Star Newspaper, January 9, 1924, Page 25

FINANCIAL. SPECIALTY SHARES FEATURE MARKET Wall Street Buying Spreads to Typewriter, Zinc and Ship- ping Stogks. TIRES ARE ALSO STRONGER Erie and Southern Railway Ob- ligations Quiet Down. BY STUART P. WEST. 1 Dispatch to The Star. SW YORK. January 9.—The chief difference between today's stock mar- Jet and that of other days lay in the increasing prominence in the buying ‘movement of stocks of the speclalty type. Usually this is not considered a good sign. It suggests too much manipulation and the attempt to divert outside interest away from stocks of the more representative into stocks where the market is: mostly made by speculative cliques. The list of specialty favorites was long one. It included the shares typewriter companies, the ship- ping stocks. Hayes Wheel, Beechnut Packing, the Americen Linseeds, Allls Chalmers, Austin Nichols, the American Zinc shares and Worthing- ton Pump. Remington Again Soars. ! Remington Typewriter on top of | Tuesday's 5-point advance had an- other jump today. Inasmuch as there is etiil owed $20 a share in back dividends on the second preferred. talk of a dividend on the common »ould seem to be rather premature. ‘The company, however, since its sale of the Flushing plant has coneidera- bly strengthened its financial posi- tion. It is sald to hold mearly 32,000,000 in cash and marketable se- curities. There also was & report that Remington was negotiating for the Noiseless Typewriter Comy The source of the recent buy the Eries was suggested by the state- ment of the vice president of the Nickel Plate before the hearings of | rallway construction that his road was looking forward to a possible combination of the Erle, the Chesa- peake and Ohlo and the Virginian road. He asked that these companes. now tentatively placed by the Intes state Commerce Commission in dif- gerent groups, be left free to combine | into a big system which would com pete with the Pennsylvania and the | New York Central. Profit-Taking in Rails. The Erfes and Southern railway the two recent leaders in the ruilway Aection—both felt the effect of pr taking. But traders who had m.lllui n these stocks pere qui follow the Initlative when 1t ap a ot A, Western Maryland, New Haven and Ontario and Western. Again the oils showed themselves unresponsive to good trade news. The announcement 6f 10-cent advance a| barrel in Mid-continent eftected a lit- tle buying {n Marland and one or two others carly in the day. Pressure continued against the Pan-Americans on dividend reduction talk At the dividend meeting of Gen- eral Cigar Company next week, It ix expected that an increase fn the reg- ular dividend on the common stcek from % to 2 per cent quarterly will be authorized Wall Street Features. A spurt of buying occurred in Allis | halmers in anticipation of the pub- cation of flgures throwing 'further Hght on the steady Improvement in earning nigs, with one ex- ption, progressive growth month last year, until in ember the figure exceeded $2,800, and it is calculated that the n. December was around $3,000,000. | is expected to be about $6 per share on the common. Evidently the news that Continental Can directors today had edeclared a & per cent stock dividend in addi- tion to the regular $1 quarterly cash dividend on the common shares had | been discounted. Continental Can | ‘has entered 1324 with capacity pro- | duction, it was said | Kelly Springfield exhibited further | strength today, and other rubber and | tire shares did better. In the case of Kelly Springfield the buying has heen based on new business which this company is reported to have se- cured for 1924 at higher prices. i Ofl Stoeks Wenk All Day. Oil stocks were the one group which were distinctly heavy all day and their action was t more | noticeable in view of the series of | fresh advances In crude oil prices | announced this morning. Here evi- dently was one instance where trade improvement was considered as hav- ing been pretty well measured for the time by the stock exchange ad- vance. The diversion of interest into the | rails was a popular one. But deser- tion of the normal individual leader | wmong the steels, motor and equip- ment shares in favor of a host of so-called speclalties was not liked at all. In fact, It was a matter of considerable suspicion, and this fecl- ing began to be reflected in the trade toward the close. CLOSING IRREGULAR. 0 Industrials Heavily Sold in Final | Trading. By the Associated Press. NEW YORK, January 9.—Further switching of speculative interest from the industrial to the railroad shares | featured today's active session of the market. The entire list swung up- ward in the early dealings on the announcement that the Washington | administration favored priority for the tax-reductipn bill over the diers’ bonus, many issues toue the highest levels recorded in v arly gains were reduced in ses, however, by the subseq profit taking and bear selling @pproximated 1,300,000 shares. he closing was_frregular, priced railroad stocks continued their | advance in ®ie final hour under the leadership of New Haven, but active =elling took place in a number of the Industrials, particularly in. the oil motor and steel groups. i Low- | RAIL MERGERS FAVORED. | ol New England Would Have One Big Corporation. ‘The predominance of public opinion in New England tou consolidation Droposis mfiv::x:m:xr‘xg creation of a regional merger of all New England railronds into one cor- poration, the Interstate Commerce Commission was toll today by representatives of a committee se- {Am Linseed pf. . |a | Chi Pneu Tool | Continental Mot NEW YORK STOCK EXCHANGE Received by Private Wire Bisest to The Star Ofice To% 36% 0% Adams Express. Adv Rumley pf. Alr Reduction. Ajax Rubber. 8% Allled Chem. 2% Allled Chem pf.. 110% Allis Chalmers.. 47% Allis Chalm pf.. 924 Am Agr Chem 16% Am Ag Chm pt. 49% Am Bank Note.. 98% Am Beet Sugar. 41% Am Beet Sg'pf 76 i 874 108% . 109 22% . 11% 35% 6 96 9% 52 89 234 11% 20% 38U 5% 444 1003 674 12% 60% . 9% 98 . 102% 56t 98 Am Chain (A) Am Cot O ctfs Am CotOpf ctfs Am Druggist... Afm & For pf w { Am H & Leath Am H & Lea pf.. Am Ice..... Am Linseed. Am Locomotiva. Am Metals Am Radlator. Am Safe Razor. Am Shjp & Com. Am Smelting. Am Smelt pf Am Steel Fay. .. Am Stl Fd pf. Am Sugar Am Sugar pf.... Am Sumatra.... 27 Am Sumatrapf. 66% Am Tel & Teleg. 128 Am Tobacco Am Tobac (B Am Tob of (n).. Am W W 6 pf. Am Woolen. ... Am Woolen pf.. *m Writ Prpf.. Am Zine & Lead Am Zinc&Lad pt. Anaconda.. Ann Arbor pf. .. Arnold Constab. Asso D Goods. ... Asso D G 1st pt. Asso DG 2d pf.. {ssociated Of Atchison. .. 148% 102% 674 6% 101 % 95 20 { Atchison pf.. Atlan Bir & Atl. Atlan Cst Line Atlantic Fruit.. At] Fruit stfs. Atlantic Gulf. .. At Gulf pf Atlantic Ref Atlas Tack L, Nichol: Austin Nich pf. Auto Knitter. .. Raidwin Loco Baldwin Loc pf. i1 & Ohio. angor & Ar pf. Barnet Leath. .. Barnesdall (A) . Bayuk Bros 126% 111% 60 ! Beechnut P: Eeth Steel. Beth §t] 7%(n).. Booth Fish..... Br Em Stl 2d pf. BXlyn Edison Brklyn-Man Tr. Brkin-Man T pf. Bklyn Un Gas. Brown Shoe Brunswk Term. Burns Bros (A). 106% Burns Bros (B). Zi% Butte Copper. .. Butte & Super Butterick. Caddo Oll. Calif Pack Calif Petrol. . Callaban Zinc Canadlan Pac. Case Threshing. Central Leatn Cent Leath pt... Cent RR af NJ.. Century Rib Mills, Cerro de Pasco. Certain-Teed. Chandler Mot. Chesap & Ohio Ches & Ohlo pt. .. Chi & Alton. Chi & Alton pf. Chi & EastTIl.... Chi & E Il pf. Chi Grt West. Chi Great W pt. Chi Mil &St P.. Chi Mil &St P pt Chi & NortEwn. Chi & Nwn pf. 29 464 33 6444 2% 100 4 1% 26 50% 4% 12% 13% 24% 51% 100% 53 24% 69% 81% ChiRI&Pac... ChRI&P 6%pt Chi R I&P T%p1- Chi StP M & O. Chile Copper. Chino Copper. Cluett Peabody. Coca-Cola. Colo Fuel. .. Colo & South. Colo & South Ist Columbia Gas Columbn Carbon Comp Tabula Congoleum Co. Cons Cigar. . Cons Gas of NY. Cons Textile Cont Can. . 51 2574 50% 26 Bo% 20 63% V% 69% T 156% . 119 354 67% 89% Corn Products Corn Prod pf Cosden & Co. Crucible Steel. Crucible Stl pf Cuban-Am Sug. Cuba Cane Sug. Cuba Cane Spf.. Cuban Dom pf. Cuyamel Fruit. . Davison Chem. . Deere Co pf. ... D Lack & West. Detrolt Edison. . Dome Mine Dugont (E 1) DuSS & Atlan.. Eastman Kodak EatonAxle &Sp. Elec Stor Bat. Emerson Brant. { Emerson-B pf. .. Endicotf*John Erle.... Erie 1st pf. Erfe 2d pf. Famous Players Fd Mines &S pf. | Fidelity F In Fifth Ave Bus.. Fisher Body. . Fisk Rubbel ! Fletshman. Foundation Co Freeport Texa! Gardner Motor.. Gen Am Tk pf. Gen Asphalt. Gen Cigar. Gen Electric. Gen Klec spi. - Gen Motors. Gen Mot 6% deb. 82 Gimbei Bros.... 49, lected by the governors of New England states. e sl Through Bentley W. Warren, coun- sol for the commitiee, the commmis: sion was urged to lay down the oui- line of such & reglonal consolidatior . | VOTE STOCK MELON. Continental Can Directors Declare Stock Dividend. NEW YORK. January 9.—Directors of the Continental' Can Company to- day declared a 5 per cent stock divi- dend in addition to the regular quar- terly §1 cash payment on the common stock. Both dividends are payable February 15 to stock of record Feb- ruary 6. It was announced that the com- pany's policy was tp make improve- ments and extensions from time to time by .applying current earungs yather than through capital obtaincd Ly the sale of addition stock anid that the -management plans to distribute snnually among stockholders stocks ycpresenting earnings fo Invested. Gen Refractories. 52% Gimbel Bros pf. 100 Glidden. . B% Goldwin Corp. 12 Goodrich. 25% kel 46% 15% 59 29 14% 15% b52% 83% 4 2% 44% 334 6974 28% 16% Granby Consol. . Gt Northern pf.. Great Nor Ore... Greene-Canan Gulf Mo & Nor Gulf M & Nor pf. Gulf St Steel. ... Harbishaw Cab. Hartman Corp. Hayes Wheel.. Househ'd Prod. . Houston Ofl. Hudson Motors. Hupp Motors Hupp rights. 2% HydraulicStl... % HydraulicStpf. 4% Illinots Central. 102% 111 Cent (LL) 70 Indiahoma. % IndianMotorcycle 21% Open. High. 76 36% T2% 8% 8% 110% 49% 03 16% 49% 99 pt % 374 109% 109 22% 12 364 € s ) 10% 54% 9 5 12% 21% 89% 75% 44% 102% 6% 127 60% 9% 3844 102% 58% 98 28% 66% Low. Close. 5% 36% 0% 8 T2% 110% AT4 92% 16% 47 98% 41% 76 87 107% 109 22% 11% 85% 5% 96 9% 52 89 23% 113 20% 88% 4% 443 100% 6% 12% 60 97% 38 102% 56 98 26% 66% 127% 150 148% 102% 671 764 101% 31 % 105% 4 110% L6 Indian Refining. Inland Steel. ... Inspiration. .... Interb Rap Tr.. 1In Ag Chemical. In Ag Chem p*.. Int Cement..... In Combust B, Int Harvester Int Mer Marine. Int M Marine pf. Int Nickel 5 Int Nickel pt. Intl Paper...... Intl Paper (sta) Intertype Corp. Invincible Oil. . Lowa Central Iron Products.. Iron Prod ctfs. . Jewel Tea. . Jones Tea. Kansas & Gulf. % 36% 73 8% T8% 110% 49% 98 16% 47 09 4% 76 37 108% 109 22% 12 364 5% 964 9% 54% 89 24% 124 21 39 4% a4% 101 6% 14% 60% ly Spr Tire. . Kelly-Spr 6% pt Kelly-Spr 8% pt Kelsey Wheel. . Kennecott. . Keystone Tir Kinney G R. Laclede Gas. ... Lee T & Rubber. Lehigh Valley. . Lima Locomo. Loews Inc. Loft Inc. Loose-Wiles. Lorillard (P). Louls & Nash. McCrory pf. McIntyre Po: | Mack Truck: Mack Truck 2d. Mackay Cos.... Macy Co..... Magma Copper. Mallinson & Co. Manati Sugar... Manati Sug p.. Manhatr. El guar Manhat Shirt. .. Maracalbo Ofl. . Market St R arket St R 2d. Market St pf. Market St prior. Marland Oll. ... Marlin-Rockwl. Martin-Parry. . Mathison Alkill. Maxwell (A). Maxwell (B). May Dp Stora: Mex Seaboard Mex Seabd ctis. Miami Copper { Middle St o11. Minn & StL..... Minn StP & SSM. Mo Kan & Tex.. Mo K & Tex pt.. Mo Pacific. . Mo Pacific pf. Montana Power. Montg'y Ward.. Moon Motors. Mother Lode Mullins Body . Natl Acme. Nat Biscuit. Nutl DeptSto; NatlDept Sto pf. Nat! Enamel. Natl Lead...... | Natl Ry of M za. | Nat Supply..... Nevada Copper. NOr Tex & Mex. NY Air Brake. . NY Air Brk (A). N Y Canners. ... N Y Central.... N Y C-Readg ris. NY Chi & StL.. NY Chi & StLpf. | N Y Dock. 3 N ¥ Dock pf NYNH&Har! . NY O & Westrn. Norfolk South. . Nort & Western. North Amer North Pacific. .. Ohio Bdy & Blw. Oklahoma Prod. Orpheum Cireuit. Orpheum Cri pf. Otis Elevator. | Otis Steel. Otis Steel p: Owens Bottl Pac fic Develop Pac Gas & Ele Pacific Mail. Pacific Ofl. Packard Motor. Packard Mot pf. { Pan-Am Pete. .. Pan-Am P (B).. Panhandle pf. Parrish & Bin, Penna Coal &C.. Pennsylvania... Pere Marquette. Pere Marq pf. Pere Mrq pr pf.. Philadelphia Co. PhilaCopf..... Philip Morris. .. Phillips Pete. Pierce-Arrow Pierce Ar pf.... Plerce Ar prior. Plerce Oll. Pierce Oil p Pitts Coal...... Pitts Coal pf . Pitts Steel pf... Pitts & W Va... Postum Cereal.. Pressed Stl Car. Produc & Re Pro & Ref ct Pub Service. Pub Serv 8% pf. | Pullman Co. Punta Alegre... Pure Ofl. . | Ray Con Copper | Reading. . 68K 168% 119 35 67 897 83% 16% 62% 48% 73 64% T2 112 194 131% 2% 24 62 | Reading 1st pf.. 3% Remington..... 15 | Reming latpf.. 67 | Remin 2d pf 25% | pepliogle Steel. . 844 | jrep Ir & Steel.. 29% | Reynolds Spr.... 70 | Rey Tobac (B). 44 | Rossia Insur. 125 | Royal Dutch. 11% | 3t Josepn Lead. 167% | st L&San Fran. 9% | gt L&San Fr pf. 48% | St L Southwn. .. 68% | st L South pf. 13 |savage Arms... 64 | Schulte Stores. . 93 | Seaboard Air L. 439 [ Seabd ALpf.... 9514 | Sears Roebuck. . 197 | Seneca Copper.. 10% | Shell Tr & Tran. 35 i Shell Union, 82 | 50 | 52% 101 8% 12 25 Sinclair Oil..... Skelly Oil. Sloss-Sheffel So Porto Sug South Pacific. Southern Rwy. . ! Southern Ry pt. Spicer Mfg Co St Ol of Calif, .. Stand Ollct NJ St Oilof NJpf. ‘Sterling Prod... Stew'd-Warner. Strombg Carb. Studebaker. Submarine Bi Superior Ofl. Superior Steel. . Sweets Coof A.. Tenu Copper.... Tex Guif Sulph. Texas & Pacific. Tex & P C & Oil. Third Avenue 108% | Tide Water Oll. . 70 | Timken Bearing 2 Tobacco Prod. .. 215 | Tobacco Prod A 1 4% | Open. High. 5% 86% 26% 18% 1% 10% 43 25% 83% % 82% 13% 9% 39% 66 30 16% Texas Company. 124 i 89% 5% 861 26% 4% 1% 10% 43 25% B T 33% 13% 79% 89% 65 31 16% 1% 62 48% 22% 26% kel 214 8635 4% 6% 86% 100 35% 4% 6215 80% 16% 63 681 1% 81 59% 1724 920% Low. 5% 86% 26% 18% 1% 9% 438 24% 83% T 3244 Close. 5% 6% 18% 79% 88% 80 UPWARD MOVEMENT IN BONDS CONTINUES el X Tax Reduction Prospects Are Great- est Factor in Today’s Broad Trading. C. & 0. ISSUES STRONGER Low-Priced Rails in Heavy De- mand—Tractions Dull. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, January 9.—The up- ward movement in honds continued ay with practically all grades sharing the improvement. Excepting only the tax-exempt 3%s all the lib- erty loans went higher. Apparently the prospect of tax re- duction was a more influential factor than the outlook for the prohibition, % |through constitutional amendment, of 82 106% 1% 3 B4% 2% 9% 43% 63% 22% 11 10% 127% 40% 6% 897 !rurlhér Issues of tax-exempt secur- ities. Nor was the market for lib- erties adversely affected by the re- port that government bonds are to be put on the same collateral basis as other securities, Broad Investment Buying. Elsewhere throughout the list there was confident investment buying, with activity not confined to the spec- ulative group. In high-grade rails there were sharp advances in such bonds as Chesapeake and Ohio gen- eral 4%s und Lehigh Valley consoli- date 4%s. Canadian Pacific debenture 4s were also very strong, while in- terest was shown in the new Read- ing 4%s selling on a “when issued’ basis as well as the old general 4s. Among the utilities American Tele- phone and Telegraph debenture b%s made & new high for the third sue- sive da; In bonds of slightly de all the uthern Rail- issues under the general mort- . the 4s, 6s and the 6izs, were bought at advancing price; Low-Priced Rails Active. lative Interest covered a wide among the low-priced rails. New York, West Chester and Boston 4ips, New Haven 6s and other obliga- tions of that road w all in favor. Optimistic reports w urrent to the outlook for the New Haven. For the first time In a long while Paul bonds showed & better tone the long-term.refunding 4 nd Seaboard Air Li firm, with the great the aboard 6s. St Lou cisco income 68, as well s the ad- Jjustments, continued the advance b gun Tue ay. Great Northern T 5las were fractionally higher. Tractions Neglected. Tractions w « not so active today. Among industrials Derry ('nrponflu.ng and American Cotton Oll 5s gain- ed ground; while there was consiste buying of Associated OIl 6s, today high of the last named being mo than & point and a half above their price of all i ran; ivity San Fran- Foreign bonds were for the most part higher, United Kingdom 5%s of | 7 sold at par. French issues were ady. Among the South American oup Bolivia S5 and the two long- m Chile §s were higher. | COTTON SELLS OFF | ON GINNING REPORT ed Press. : NEW YORK., January 9.—The cot- ton market opened today at af decline of 15 to 25 points, and sold about 35 to 45 points net lower during the early trading under liquidation promoted by relatively easy cables, the issuance of January notices esti- mated at about 10,000 bales and rather fuller ginning returns than expected Trade March vas some buying | unt. but the defand | commisison house liquidation and southern selling. March declined to 34.75 and May to 34.93, but at these figures met enough buying to cause rallies of 8 or 10 points. Prices in New Orleans. i W ORLEANS. January $.-—Ani irregular und unsetiled market in cot- ton resulted today from ginning fi- hat were somewhat high expectations, the ce inting the total to January 1 at 9,807.135 bal After advances | of 2 to 13 point the oid crops | Drices fell to levels 18 to 26 points| under the close By the Associn and | was_supplied b on of Monday. March! rosie to 34.97 and then feil off to 34.66. October traded as low as 2734, but| was almost inactive. Noon Bids on Cotton. ! NEW YORK, January 9—Cotton s, 11:45 a.m. bids: eady. Jan- ank; May, 34.85; ORLEANS futures, noon bids: Steady, ¥ March, 34.68; May, 24.43; October, 27.88 % 43 % 130% 3 35 81% 48% 185% 20% 38 28 84% 86% 3% 18% 72 100 101% 42t 94% 22 100 119% 65 21% 31% & 4% a1% % 120% 2% 341 817% 4814 186 20% 88% 2% 81% 86 3% 18% 1% 100 100% 41% 944 22 9% 119% 65 20% 303 20% 80 9% 83% 6% 88 14% 12 7% 25 15% 36% 48k 10% »18% 16% 109% 85 60% % 164 26 54% % % 3% 27% 10%. 814 281 29 T1% Trans Cont Oil.. 41% Y% 129% 73 35 81% 481y 185% 20% ay % 130% 727 34% 817 481 | 185 20% ; Un Alloy Steel. United Drug. . Untd Drug lst.. United Frult... Utd Pap Board Utd Ry Inv pt Utd Retail Strs. S Cast L Pipe. . U SCastIr P pf. U S Food Prod.. 833 | 25 | 8234 S 3% 18% 72 | 100 | 101% a2 945 22 99% 119% 6 | 20 4 29% 81% 86% 3% 184 T1% 100 100% 42 94k 2 995 119% 65 121% 31 20% 80 9% 83% 614 38 14% 12 37% 25 15% 36% 48% 10% S Realty. S Rubber. . S Rub 1st pf.. S Smelt&Ref. U S Steel. | U S Steel pt. Utah Copper. Utah Securities Vanadium Corp. Van Raalte Van Raalte 18 va-Car Chem. .. Va-C Chem p. va-C Chem (B). Va Ry & Power. Vivadou Wabash Wabash Df (A). Wabash pf (B) .« | Wuldort System. Wells-Fr Eg Western Md. Western Md 2d. 18% West Pacific.... 15% Western Union. 109% West Air Brke.. 85 Westhse EI&M.. 60% Wheeling&LE. 7% ‘Wheel & LE pt 16% White Eag Oll. White Motor. White Oil ‘White Otl ctfs 30% | 80 | 80 9% 33% 64 38 15 12% 887 { 26 15% 37 48% | 11% 19% 16% 110% 85 61 Ble 161 264 54% % 3% 27% 10% 813% Willys-Over! 10% Wiliys-Overl pf 81% 81% Woolworth..... 281 283 { Worthington... 20% 81% Worth'gton (A). Tih 71% Worth'gton (B). 60 60 Wrigley, Jr...... 39 . 39% 81% 1% 60 60 38% 38% Low. Last. Call Money M HOURLY SALES OF 8TOCKS. 11am.....841 900 1pm. 42m......542 500 2p.m. \ t + 4l 036 200 {Cuba.Canecv d 8s. | Dery (DG) T | Empire G&F T133. 119 { Kelly-Spring 8s C, WEDNESDAY, JANUARY 9, 1924 THE EVENING STAR, WASHINGTON, D. ¢, [orwaw vorx BONDS 7o mcmarcs] Received by Privats Wire Direct to The Star Ofice, (Sales are in $1.008.) UNITED STATES BONDS. (Fractions represent Example: Lib 3%s. Lib 1st 4%s.. 117 Lib 2d 4%s. Lib 3d 434 Lib 4th 4%, US4%s1952.1912 S eans A1) 98-15 99-14 98-17 N. ron::fi High. Low. Close. Argentine 7s. Austria 7s.... Belglungy' #%s... Belgium 6s. Belgium 85, Bern §; Bolivia. Bordeaux 6; Brazil 7 Brazil Brazil 7% Canada 58 1952. Chile 851946.. Chile $5 1926 Chile 851941 Chile 75 1943 Chinese Gov Ry b Christiania 8 Copenhagen 5% Cuba 5%s ctfs Crechoslovakia §s, Dutch East I 6563, Framerican 7%s. . French Govt §; French Govt 7%s. Halt! 6s...... Holland-Amer 6 Italy 635 1925 Jupanese 1st 434 Jupanese 2d 4148, . Jergen UM 654’ Lyon Gs. .. Marseille 6 Mexico 58 Mexico 4s PA Netheriands 6a Norway 8s.. orway €s 1943. Norway 65 1952. Orlent Dev deb 6 Paris-Ly's-Med Prague 7% Queensland 7 Queensland 6s. ... Rio de Jan 8s 1946. Rio de Jan 8 1947. Rio Gr Do Sul 8s. .. Sao Paulo State 53 Seine Dept of 7s. bs Croats Slo 83 weden 6s. .. Swiss Confed 8s Ud Kingm 5%s'29. Ud Kingm 5%s '37.164 Ud Steam Copen 63 Zurich 8 o 102 8% 74% 94% 100% 27% 96% 112% 934 93% 90 68 % 106 100% 884 88 93 98% 81% 65% 104% 115 6315 108% 100 856 12 9-17 102 85% 7% 9BY 108% 85% 4% 1% 94% 95 100% 102 99% 99% 103% 103% 108 95% 42 108% 88% 92 4% 108% 95 20 95% 95 85% 4% 1% 0% 82 9% 9% 92% 6% 75 75 44 27 96% 112% 93% 93 8914 67% % 106% 100% 884 87% 93 98 81% 4% 104% 114% 63% 108% 99% 85 1z MISCELLANEOUS. Ajax Rubber 8s Am Agr Chem Am Chainsf 6s'33. Am Cotton OIl 58 Am SmIL&R 1st 5s. 11 AmSmit&R 6s.... 4 Am Sug ref 6s..... 13 AmT& Tev6s.... 16 AmT&Tcltrbs.. 14 AmT& Teltrds.. 18 Am T & T deb 5%8.165 Am Writ Paper 63 Anaconda cv db 7. 27 Anaconda 1 . 48 Armour & Co 4%s. 21 Armour of Del 5}%s 39 Asso Ol 6s rot: Atlantic Refin Bell Tel Pa 5s. Beth Steel 5% Beth Steel rf 5: Beth Steel pm 8. Beth Steel s f 65 Brier HSt 18t 5123 Bklyn Edison 7s D. Bush T Bldg 58°60. 5 Calif Pete 638 w i. 23 Central Leather s 35 Cerro de Pasco 8i 5 Chile Copper 6s. ... 65 Commonwth P 6s.. 14 Con Coal Md 1st 5s. 1 Cuban-Am Sug 8s. & 4 ‘30 6 .18 4 1 . 6 12m 60 8 89 Cuba Cane cv Det Edison ref 6s. Donner Steel 7x. DuPontdeNi¥%s. 7 Duquesne Light 65 5 Est Cuba Sug 74%s. 19 Fisk Rubber 3s... 26 3en Elec deb 38 6 Soodrich 6% o % Goodyear 8s 1931.. 10 Goodyear 8s 1941.. 11 Hershey 68 1942. .. 21 Humble O&R 5 7 {llinofs Beil 1st 55.147 Int Mer Marine 6s. 17 int Paper s B. i 4 20 2 4 19 29 6 1 8 1 15 10 11 13 6 12 10 Kayser (J) 7s. Lackawa S 58 '50. . Liggett & Myrs 6s. Magma Cop cv 7s.. Manati Sug sf 7%s Mexican Petrol 8s. Midvale Steel 58 ¢ Montana Power 58 Morris&Co 1st 4% 2 New Eng Tel 6s... N Y Edsn 1st 6%3s. NYG EL H&P 6s. N Y Tel 65 '41. Y. N Am Edison Nor States Pow or States Pow 6s. rthwst B Te Ts.. Otis Steel T%s. Otis Steel 8s.... Paclfic Gas & El 5a { Pacific T & T 55 '52 PansAm Pete 7s... Pan-Am Pete 63s. Phil & Rdg C&1 bs. Phila Coref 6s A.. Pierce-Arrow 8s.. Pierce Oil deb 8s.. Producers & Rf 8s. Producers & R 83 w Public Service 5 Punta Alegre 7s Saks & Cos f T | 8in Pipe Line 5s. South Bell Tel 5s.. So Por Rico Sug T Steel & Tube T Sug Est Orient Tenn Elec Pow 6s. Tide Wat Oil 6%s. Toledo Edn 1st 7s. Union Bag & P 6 Unit Drug cv 8s... U S Rub 1st rf6s. . U S Rubber 7%s. U S Steel s {58 Utah Pow & Lt Vertientes Sug 7s. Va-Car Chem 78 va-Car Ch 7%s Warner-Sugar 7 West Union 6%4s.. ‘Westinghouse 7s.. Wickwire Spen 7s. wilson & Co 1st 63. Wilson&C cv T%s. Wilson & Co cv 6 Youngstn S& T 6s 8814 100 94 90% 2% 102% 10244 121% 98% 93% 9% 47 100 97 85 90 97% % 98% 891y 96 8915 98% 93% 108% 914 96 95% 141 9% 88 87% 107% 977 92% 82 104% 87 108 103% 107% 93% 103% 101% 9944 101% 115% 101% 984 4% 81 83 904 105 103% 89% 96% 114 100 10"_4'% 954 8 98% 110% 99% 1056 106% 3% 1% 91% 101% 107% 94 9% 1% 91% 102% 96% 51% 100% 1% 85% 107% 116 9% 109% 8 99 94 89 92% 102% 102 120% 9% 934 8% 47 99% 96% 84% 89% 97 9% 98 88% 96 89% 98 9335 108% 9ty 954 95% 140 99% 874% 878% 107% 974 9214 805 104% 87 107% 103% 106% 92% 108% 101% 99% 10134 116% 101% 28 941 804 8315 90% 105 103 89%% 96% 113% 99% 103 87 95% 8 98 110% 991 104% 108% 98% 1% 91 101% 107% 94 99 % 91 102% 96 9% 100% 76% 85% 107% 115 79 109 108% 94% 88% 98 9% 85 9435 101% 103% 96 94% 102% 106% 97 112 854 106% 102% 881 934 84y 7114 1025 109% 107% 1% ) o Olose. 99-28 98-23 98-22 | B 99-18 98-24 99-26 102 85% 98% 98 98% 109 864 74% T4 4% ‘95 1004 102% 20% 99% 108% 108% 103 112% 931 933% 89% 3@ % 106 100% 88% 87% 93 98 81% 65% 104% 114% 63% 108% 100 85 112 884 9% 4% 920 92% 102% 102 121% 984 93% 99% 47 100 96% 85 89% 974 97% 98% 89% 96 B9% 98% 93% 108% 9% 96 95% 140, 99% 88 £7% 107% 97% 92% 80% 104% 87 107% 1033% 106% 92% 103% 101% 99% 101% 116% 101% 98 94% 81 833 90% 105 103% 89% 96% 114 99% 103 o 5% 8 98 110% 99% 105 1064 93% 1% 1% 101% 107% 94 29 1% 1% 102% 964 91t 100% 7% 85% 107% 115 79% 108 104 94% 88% 984 97% 85% ~ 94% 101% 104 96 4% 102% 103 88% 934 841 1% 102% 109% 107% 1% 964 . 96% 98% 88 98% 88 94y BIG FIRM CHANGES HANDS. NEW YORK, January Thatheim, identity was not disclosed, Gidding & Co., Inc, parel, it became known today. 9.—Julius has acting for a group whose pur- 283 lchased the assets and pame of J. M. 5th avenue im- porters and dealers in women's ap- The firm was - forced into federal receivership some months ,ago. It was announced that the firm would be reorganized and continue in business. No announcement houses formerly + 729 000 was mude as to. the various branch operated by the com- | Rome, | Zurick, franc RAILROADS. High. Low. Oloss. BT% 5% B87% R7% 80% 87% % 82% 101 101 101 84 83% 83% B4 B4k B4k 80 79% 7T9% 97 96% - 97 67% 67 67% 73% 73 73 100% 100% 100% 87% 8ThH 8Th 112% 112% 112% 12 112 112 82 81% 82 93% 93% 93% 97 968% 97 100% 100% 100% 90% 90% 90% 90 88% 89% 85% 84% 85% 34% 33% 344 86% 86% 86% 98 9T% 9% % % TT% b2 51% 51% 50% 50 50% 50% 50 62 50% 58 5C% 69% 68% B56% 55% Canad North §%s. . Canad Pac deb 4 Chi B&Q gn 48 ‘58 Chi B&Q 1st rf b Chi& ETll gn Chi Great West Ch&GrW.fl 4s(n). 9 C M & Puget 5d 4s. 27 Chi M &St P rf 4%2160 Chi M&St P cv 68.. 81 Chi M&St P 4s ‘25, 286 Chi M&S P cv 4348, 97 CM & 8t. P db 4 65 52 50% CM&StPgn4ts. 1 80 80 Chi&N 2 106% 106% T4% 4% ChiR I & Pac rf 4 4% T4% ChiTH &SE 5s... % 1T% Chi Un Sta 4% 20% 90% Chi & W Ind ci 73 73 CCC&StLrfés A . 101% 101% Cleve Term bs, 96% 96 Cleve Term 5%s 108% 103 Colo & Sou 4% 82 82 CubaRR T%s 101% 101% Cuba RR 5s. 83 82% Del & Hd 1st rf 4s. 86% Del & Hudson 5%s. 100 Den & Rio G cn 4s. 67% D& R G st rt 51 39% 645 104% 56% 56 56% 64 108% 112 107% 97% 81% 59 86 101% 62 61% 58% 844 43% 1% 67 T5% 69% 87% 82% 73 101% 963 103% 82 101% 82% 85 100 678 39% 64% 104% 56 55 65% 63% 103% 112 107% 97% 813 58% 86 1015% 62 61% 5815 Bdyg 434 91y 66 T5% 891, 87% 821, 1 Erle con ext Erlegends . Erie convis A Erle conv 4s B Erle conv 4s D. Gr Trunk sf db 6 Grand Trunk 7 Gr North gen 7 Gr North gen 5% Hud & Man ref 5 Hud & Man aj 111 Central ref 4. . 111 Central 5% Int Rap Tran 6s. .. Int Rap Tr 6s atpd. Int Rap Tran 6 Int Rap Tran 7 Int & G Nor aj 6s. . Int & G Nor 1st 6s. Iowa Cent 1st Gs. Kan City Ft 8 4s. Kansas Citr S 3s.. Kanszs City S 6s. . 104% 55% 55% 55% 63% 108% 112 107 974 811 58% 86 101% 61% 61% 58 84% 434 oY% 66 5% 68% £67% 824 4% 94% 94% 92% 92% 929 102} 102% 1024% 0% 90% 90% 99% 99 99% G8ts B8% 584 99% 99% 993 81% 80% 81% 6% 6% T6% 81 80% 81 664 65% 664 96% 957 961 544 537 54 904 89% 901 T6% 6% 62% 52% 874 7 86% T4% Lake Shore 43 '2| Lake Shore 45 3. Lehigh Valley 6 Louis & N uni 4s. Louls & N 5s 2003. . Manhat Ry cn 4s.. 17 Market St cn bs... 325 Mil El Ry & L 5s.. 27 MK&TI1st4s.... 27 MK&TprinbsA. 28 MK MK 5 81 5 33 &T4sB. 12 &TésC 85 MK&Ts 22200 Mo Pacific 34 Mo Pacific bs '65 4 Mo Pacific gn 4s... 34 Montrl Tm 1st 5 3 New Or Term 4s 2 NOTex & Minbs. 25 N Y Cent gen 3%s. 49 NYCendeb6s.... 64 N Y Cen deb 4s. 0 NYCentribs 65 Centen 4s'98.. 8 ¥ CenLScl3%s. 4 New Havencd 6s.. 53 New Havend 45'57 & New Haven 7s..... 19 New Haven 7s fr.. 259 NYRyrfdsctts.. 5 New York Ryajbs 1 N Y State Ry 4%s. 6 NYW & Bos 4%s. 71 Norfolk & W cn 4s. 10 Northern Pac 5s D. Ore Short L ref 16 Ore-Wash 1st rf 4s 56 Pennsyl gen bs.... 41 Pennsyl gen 434s., 41 Pennsyl 6%s i Pennsyl gold 11 Pennsyl con 4%s.. 10 Peoria & E inc 4s.. 16 Fere Marq 1st 5s.. 143 Reading gen 4s.... 35 Reading gn 4% swi 42 Rio G Westcl da... 11 RIArk & Li%s... 17 St L'IM&S R&G 4s. 14 Ste&SFpl 4sA..109 StL&SFprin StL&SFinc StL & S Fad) 6s. St kv& S F pl 6 1 St LS W con 45°32, 17 St P Un Dep 5% 7 StP & KCShL 4%: San A& Arn Pds.. Seab’d AL 4ssta.. 22 92 887y 881 €03 Til% 4% 67 82 61% 5% 991 78% 95% 74 T2% 59% 48% 45 704 92% 86% 83 2% 59% 49 45% T0% 93 87 83% 961 964 70% 69% 70 1034 102% 103% 974 . 96% 97 45 44% 441 6% _76% _76% 961 961,961 S1% 91k 1% 82l 821 821 95% 95% 95% 103% 103 108% 101 100% 101 93 92% 92y 89 88y 88k 97 96% 96% 87% B8T% 87% 60% 69% 60 8% slw 8l% Sou Pacific 4s 1929, Sou Pacfio ref 45 Sou Pacifio clt 4: Southern Ry 1st 68 33 Southern Ry gn 4s. 71 Southern Ry 6%s.. 34 Southern Ry 6s ct. 501 Third Ave adj Tol StL& W 4s... _2 Tol StL & W 334s.” 2 Union Pac 1st 12 Union Paclstrf4s 1 Uniop Pacov ds... 21 Union Paccv 6s... 10 Union Pac 1st rf 7 virginia Ry 1st 6s. 2 VaRy &P Wabash 1st Wabash 2d bs..... Western Md 4s. Western Pacific 5 Wheel & L E cn 4 62 62 Whel ELETf 4%s. 16 54% 54% b64% \ TOTAL SALES (Par Value): 11am.. 4378000 12 noon 9 386000 + 1p.m..18385000 2 p.m.. 15 385 000 FOREIGN EXCHANGE. (Quotations furnished by W. L. Hibbs & Co.) Nominal Sellis heck: Gold value, . today. 530 J1fi ‘04341, '3&5" trillion Athens, drachma . Madrid, peset YVieuca, crown . Stockholm, " crown. .| By the Associated Press. NEW YORK, January 9.—Foreign exchanges steady. Quotations (in United States dollars): Greaf Brit- ain, demand, 4.29; cables, 420%; sixty-day bills on banks, 4.26%. France, demand, .0489%; cables, .0490. Italy, demand, 4.31%; cable Belgium, ' demand, .0430%: .0421. Germany, demand, .000000000. 00022; cables, .00000000000032. Hol- land, demand, .3765; cables, .3770. Norway, .1445. Sweden, 72688, Den- mark, 1754 Switzerlahd, .1738. Spain, .1279%. Greece, .0192. Poland, .00000014. Czechoslovaki: 291. Jugo- slavia, .0112. Austria, 014. Ru- mania, ".0060%. Argentina, .3212, Brazil, .1112. Montreal, .97 15-3. e P sadids t Weste: £ Eng- tand Jo b amalSmAton of 151 Cor FINANCI Grain, Produce and . Live Stock LOCAL WHOLESALE MARKET. Cold weather in the Norfolk, Va.. section was severe enough to prevent the cutting of kale and spinach, re- sulting in a scarcity of both products in the local market. Spinach was es- Pecially scarce today. There {8 a plentiful supply of new cabbage from Florida and South Car- oling. The Florida stock is received in hampers and commands higher prices than the crated stock from South Carolina, difference in freight rates making the South Carolina stock cheaper. Iceberg lettuce from California is plentiful, selling at $2 and $2.50 a crate, express charges amounting to $1.60 on each crate. Florida string beans were exceptionally plentiful, but new peas were scarce today, Receipts of - California celery are getting light, the season being about over. The Fiorida celery season has opened, however, and dealers expect large shipments of the vegetable in the near future. Eggs—Striotly fresh, dled, per dozen, 40a42; storage,’ 28. Live poultry—Roosters, per Ib., 16; turkeys, per 1b., 2§; spring chick- ens, per 1b., 30a32; keats, young, each, 60a70; fowls, per Ib., 28a30. Dressed pouitry—Fresh killed spring chickens, per 1b., 33a3f; roasters, per 1b., '32a33; hens, per 'Ib., 30a3Z; turkeys, per lb., 30a35; keats, young, each, 80a%5; roosters, per 1b., 20. Game—Rabbits, No. 1, per dozem, 3,00a3.60; No. 2, 1.25a1.50. Live stock—Calves, cholc 14; medium, per 1b., 11al Ib., 8al0. Lambs, spring, per Ib., 13. Live pigs, 3.00a5.00 each; llve hogs, per Ib., 8. Green fruits—Appl 50a2.00; box, 1.50a3.0 2.00a6.00. Callfornia oranges, per crate, 3.5045. Florida, 3.50a4.50. Lemons, per box, %.50a4.50. Grapefruit, 3.00a3.50. Cranberries, 5.0045.50 per one-haif barrel. Grapes, California {Emperos, 1.50a2.50. Veget —Potatoes, , 2.50a3.00; No. round, per bag, 2.71a3.00 swest potatoes, 6.00a8.00 per bbl Southern lettuce, per crate, 1.00a2.00 Iceberg, 2.50a8.25. Cabbage, northern. 2.00a2.25 per 100 Ibs.; nearby, 1.00a . Tomatoes, Florida, 3.00a6.00. Beans, southern, per basket, 2.00a3.50. Peas, per basket, 1.50a2.50. New York celery, per crate, washed, 5.50a8.00; in rough, New York, 2.50a4.00; Califor- nia, 6.00a6.50. Squash, 2.50a3.00. Pep- pers, per crate, Florida, 2.50a3.50. Eggplant, 4.00s6.00. Kale, per bbl, 1.75 82.00. Spinach, per bbl, 2.50a3.50. Southern cucumbers, per bushel, 450 a5.00. Carrots, 100-1b, sack, 2.25a2.50. Brussels sprouts, 20a25: GRAIN AND PROVISIONS. Md, January 9 white, 100" 1bs. sacks, 1.5083.25 bbl., 2.00a6.00: bu., 0: beans, bu., 2.50a3.25; beets 26.00; broccoli and kale, bu. brussels sprouts, qt., 20a2% e, 100, 4.0026.00; savoy ab0; carrots, 100, 3.00a5.00 flower, bbl., 1.50a3.00; celery, 2.7543.25; cucumbers, ‘crate, rate, 2.00a4.00; .75 onfons, 100 Ibs., 1.75a sterplants, 100, 6.00a7.00; par- basket, 45a55; peas, hamper, peppers, crate, 1.50a3.25; ach, bu., 1.00a1.25; squash, crate, tomatoes, crate, 2.50a4.00; turnips, bu., 35a40. % Apples, packed bbl, 2.00a4.30; bu., 50al loose 100 pounds, 1.00a1.35; box apples, 1.50a2. cranberriers, bbl, 6.00a9.00; grapefruit, box, 1.50a 2 oranges, box, 1.75a2.73; pine- s, crate, 3.00a4.50; strawberries, 35a40. Settling Prices on Grain. Wheat—No, 2 rted winter, spot, 112%; No. 3' red winter, spot, no quotations; No. 2 red winter, garicky. donfestic, 1.11%; export, no quotation; No. 3 red winter, garlicky, spot, n quotation; No. 4 red winter, garlicky, spot. no quotation. Sales—None. - e Con, mew, 4.00, for yellow, 2.50a3.85 per barrel for white: corn, spot. 87%; No. 3 corn,$pot, track corn, yellow, i s selected, can. 26:; average receipt per 1b., per basket, per barrel, nearby. per snip: 0: at., 54%;: No. Hay—Receipts, 93 tons. The h market i steady for the better grad of timothy, choice light mixed and No. 1 clover, all of which are in only moderate receipts. Demand is fair for good hay, but low grade and dam- aged stock is a slow Sale at uncer- tain prices. Quotations: . 1 timothy, 27.50a . 2. 0; No. 5 0. 1 clover 7 & clover, .00. % 1 straight ryve, 24.00a No. 1 tangled rye; 15.00a 00 per ton; PN 13.00a14.00 1 1_wheat, DAIRY PRODUCTS. BALTIMORE. Md., January 9 (Spe- ial).—Live poultry—Turkeys. pound 20a26; leg 20a26; les 14a15; pigeons, each, chickens, old hens, old roosters, geese, 18a25; guinea fowls, Turkeys, pound, 20a26: chickens, 25a26; old roosters, ducks, 28; geese, 20a25. Loss off, native and mearby dozen, 42; southern, 40. ter—Creamery, good to fancy 51a56; prints, 56a58; nearby cream- ery, 42a46; ladles, 34a35; rolle, 28a32 store packed, 26; dairy prints, 28; 32; process butter, 39. CHICAGO-LIVE STOCK MARKET. CHICAGO, January 9 (United States Department ‘of Agriculture).—Hogs— Receipts, 48,000 head; slow; 10 cents lower: good and choice, 170 to 220 averages, 7.00. better 25 to_300 pound butchers, top, 7.30: packing 18a28; horns, hor pair, 21a28. Dressed poultr: 3 cents lower; ers; talking 15 to slaughter good and choice weighty pigs, 6.25a6.75. Cattle—Receipts, 17,000 head; mod- erately active; better grades beef steers _and yearlings steady: fed &teers, a10.00; early top long year- lings, 12.00; welghty matured steer held_around 11.00: fat she stock 15 to 25 cents lower: other kiliing classes, steady to weak; packers pay- ing 11.50a12.00 for good to choice 1ight vealers: outsiders taking handy- weight upward to 13.50; few heavy bologna bulls, 5.25; stockers and feeders, 5.50a7.00 mostly. Sheep—Receipts, 20,000 head; slow; few early sales fat lambs, weak to 25 cents lower; sheep steady; no early sales feeding lambs; top fat lambs to city butchers, 13.85; medium to good kind to packers, 13.00; good vearling ‘wethers, 11.00. TODAY’S CHICAGO PRICES, CHICAGO, January 9.—As a result of profit-taking sales. wheat aver- aged a little lower in price today during the eas}y dealings. Trade lacked volume and the market was easily Influenced. A steadying factor was knowledge that very little wheat The opening, which ranged from i decline to %al% advance, May, 1.05% to 1.08% and July 1.06% to 1.06%, was followed by a slight general set- back and then something of a rally. Active buying on the part of houses ! with country connectlons gave corn {an upward. fendency from the outset. All dellveries rose to within a frac- tion ofthe highest prices of the sea- son, After opening unchanged to % higher, May 76% to 76%, the market scored a décided upturn all around. Oats were firm with corn. Starting unchanged to % higher, May 45% to 46, prices held near o the initial vel. « Loy wer quotations on hogs acted as a weight on the provision market. Open. High, Low. Close. 4 1.08 108 1.05 787 e T8y 48 R 2% 9.00 0. 2, 1.50a2.00. 1 ! sows, | 6.55a6.75; no purchases by big pack- is moving to terminals at present. | AL. . [FURTHER ELECTIONS HELD BY D. C. BANKS Second - National Keeps Same Board—Very Few Changes in Other Institutions. TRADING ON EXCHANGE Northeast and Northwest Savings Banks Name Directors. The official family of the Second National Bank will continue in foree the ensuing year, directors of the in- stitution voted this morning Samuel J. Prescott is chairman of the board, and Victor B. Deyber will again have active charge of the bank's functions. Somerset R. Wat- ers, John C. Eckloff and Jacoh Scharf were renamed vice presidents in the order given, and Alexander Wolf is trust officer. W. W. Mar- low, cashier, will again bo as by M. D. Esch and J- K. Sevborn o Other Bank Directors. At the annual meeting of the stocks holders of the Departmental Bank held Yyesterday, the following direct- ors were elected to serve the ensuing term: John Beach, Da d D. Cald well, R. B. Dickey, J Exnicios M. O. Exniclos, W. H. Kervin, Franklin Meyer, Robert J Clyde Reed, J.'A. Richard Rosafy, Joseph H. Sheppard, Stewart, E. W, Libbey and R, ter. A special meeting of the newly elected directors will be held Friday January 11, for the election of o cers and other business pertaining the organizatfon of the board. Northeast Savings Bank. The following directors were ves- terday afternoon elected to serve the Northeast Savings Bank for the year James H. Brodnax, Arthur E. Cook Williagn I Ernest, Jumes B. Flynn Henry E. Glotzbach, Percival Hall, D. W. Higgins, George F. Hoover W. R Lewis, Isaac Charles H. Potter, 3 Steuart, Charles R. Talbert, John H Thomas, John T. Vivian, Kennedy ¥ Rea, Herbert R. King, George ¥ Ernest and Lyman B. Truman Officials and directors will m. organization January 15 Northwest Savings Bank. i At the annual meeting of stock- holders of the Northwest Savings Bank, the following directors were chosen for the year: James M. Beal Dion S. Birney, Dr. Gre & C dsall Frank §. Bright, Frederick C. Bryan Gregg C. Burns, I. Lewis Flemer, W B. Follmer, P. Gerald, e 5! H 3 MacDonald s M. Sav- rand C. D d 2 age, Dr. Carden F. Weidenhamer. Directors met immediately after ward and elected officers as follows Francis M. Savage, president: Frank 8. Bright and James S. Beall, v presidents; Dr. ¢ C. Birdsa; “regg C. Burns, cashier Hubbard, assistant cash'er . Birney, counsel The bank reported a prosperous year, with an increase of 567 de- positors National Capttal Bank. Stockholders of the National Capita Bank re-elected the entire board, con sisting _of Albert Carry, Allen C. Clark, Clarence F. Donohoe, John B Earnshaw, Samuel Eberly, Lewls Flemer, W. T. C. Hazen, st Herrmann, Walter H. Marlow H. McKee, James L. Pars A. Simpson. Samuel Michael A. Weller and Elected to W. John C. Yost B. & A. Board. Thomas P. Littlepage, a director and general counsgel of the Liberty National Bank. has been elected a director of the Washington, Balti- .more and Annapolis Electric Rallroad Company. Woman Given New Position. Miss Grace M. Bromley has been chosen to fill the position of assistant secretary of the District Bankers' As- saciation. Harry V. Haynes, president of the association announces. This s 4 newly created position, and her | selection resulted after consideration of half a dozen applicants. Miss Bromley wil have charga of the association’s headquarters in the Masonic temple. She has had con- siderable experience in economic re { search, and it is understood a credit information bureau will be her chief function. She will assume her new duties Monday. W Address Law Class. Raymond B. Dickey will lecture to ithe law class of the local chapter. | American Institute of Banking, to- night on “Torts and Crimes.” To morrow night F. J. Donohoe will lec- ture to the economics class on “Rev- |enue Systems in the Unlted States {while on the following night tarkloff will speak Statements-Liabiliti lass. Trading on Loeal Exchange. Preferred stock of the Washingt Railway and Electric Compa reached a new high on the local | boara today, fifteen shares selling at | 75. Capital ‘Traction was unchanged {at fractionally under 95, and Com- Imercial National Bank sold at 1 |One hundred shares of Washington i Market Company changed hands at 45 The bond list was quiet and fea tureless, with trade restricted to fa vorite utilities New Director Named. George Miller w. idded to the board of the McLachlen Banking Co poration at yesterda meeting of stockholders. The omission was ir advertent in Tuesday's issue. PARIS MARKET SPOTTY PARIS, January 9.—Prices moved trregularly on the rday Three per cent 3 franes 50 centim Ex Lond: 87 francs 25 per loan, 70 francs. The dollar was quoted at 20 francs 41 centimes. i ————— BUTTER PRICES. Janua Butter stand TODAY'S CHICAGO, Lower; receipts, . firsts, 35%; ordinary firsts, 3; SHORT-TERM SECURITIES, (Quotations turnished by Redmond & Co.) Aluminum Co. of Amer. Ts 1925, Aluminnm Co. of Amer. Ts 1985. Anglo-American Oil Thgs Haltimore & Ohlo 65 1024. . Canadlan Northern 5igs 1024 Central Argentine Rwy 6 1 Central Leather 58 Chi., B. I & Pacific 5gs 1 Du Pout 7lgs 1681.. 3 Edison B. 1il. Co. Bos. 3igs 1955 Federal Sugar Ref. 6s 1953.. . Fisher Body Corp s 192 Pisher Body Corp. Gs 192 Goudyesr T. & K. Great Northern 7s 1996 Hocking Vailey 6x ¥ Humble 011 5ias 1932 Kennecott Copper Ts Libby, MeNeil & Libby 7s Michigan State Tel. 0s 162 M., St P. & 8. 5. M. 8145 1 Morris & Co. 1030. . R B Swift ‘& Co.” Gs 1092 Tidewater O 6jn 1631 Union Tank Car 7s 1630 U. 8. Rubber Ti4s 1980, Wentern Union 6i¢s 19360 .. Westinghouse E. & M. 7s 193 TREASURY CERTIFICATES. (Quotatious furaisled by Redmond & Co.) ~———Noon. 081 1075 915y 1026 1048, 106 1093, 10715 4%s March 13, & 842 Septomber 15, 35 September 4%s March 15, 1925, 434s June 15."1025. A%y December 15, 1025 4%s March 15, 1926, 4i4s September 13, 4%s Maren 15, 1927 4t December s Juno 16, 192 | 4%s December 15, 1024 + 100 11-16 100 13-16 90 11-18 99 13-16 100 13-18 100 1516 100% 1 100 100118 D100132 100832 1