Evening Star Newspaper, January 27, 1924, Page 30

39 FINANCIAT, THE - SUNDAY STAR, WASHINGTON, D. SENATORS PREPARE Bankers Named on Committees FARM RELIEF BILL Finishing Touches Placed on Crop Diversifi- cation Measure. After sev the Senate terday i al weeks of began preparations to Norbeck-Burtness st am \mendm cussed at week as the for furm relfof. to the DIl were dis- a closed of committ after Secretary Wal ad appeared a public “nd indorsed the McNary-Haugen bill to create an agricultural cxport cor- atlon t was understood the committee pe 1 of gave thelr hut u vote was def The bill would £30.000.000 to be loaned to farmers {n wmounts up to 31 to diversity crop edopted with the tie local pass upon orrowe e fin cred until One amendment makes it optional of Agriculture he would use aliffeation of the ves the Sec hority in all appeals s out the of ary Eencies the a t STUDENTS INSPECT SHOPS OF B. & 0. Twenty-Five From University of Maryland Get Engineering Lessons First Hand. PARK i uary ers the department, wla enjoved an er the Baltimore nes in and ab. P in coach, the the 1g College Park early arrivi ot by in e n was w upon Camden sShriver dent G superin her, sistant train including constructed open ob- « special and u sp servation car. rst o stop made at Mount Clare shops, where the dents were shown through the and observed all operat repalr of locomotives, cars cquipmen ¥rom there ¥ was taken to the plers, where the ope % ships with this fuel ail detail party visited the Locust Point I, where the students were able to study the construction of the yo-enforced concrete piers, estimated new con- s with a capacity erected at an out These ele destroyed by the stu- entire ns in and the ion ot was ob- to replace those some Ume ago. The party then was ferried across the 10 Inspect the Canton and Bay View yards, from where they 3 talen to Camden station for the return to College I'ark Arrangements for the trip were made by H. A. Lane, chlef engineer of the Baltimore and Ohio, the rail- a belngz privileged to extend such courtesy to the University of Mary- land students for educational pur- poses by reason of it being ngt udents who made rip Baum, J. Bowle, Compher. Wi B A Lathar W T, M Morris, chofnos, W. ¥. Warren, " H. Young. e s e ADVOCATES LEAGUE re the were C. adden, Troxell, T. C.'W. WITH FORCE BANNED| Pennsylvania Jurist Outlines Plan to Reorganize Body Along Same Lines. By the Ascociated Press CARLISLE, Pa, January 26.—Speak- ng to the students of Dickinson Col- lege today, Chief Justice Robert| von Moschzisker of the supreme court of Pennsylvania outlined a plan by which the leaguc of nations could he reorganized or formed into a new hody for the regulation of international affairs. Salient . features of the chief Justice’s plan were: Retain The Hague court of arbitra- tion and rcorganize the league an association of nations by keeping the present organization, with its two chambers and thelr personnel intact, but eliminating all coercive features | and those subversive of national rereignty. Such a reorganized hody. Justice von Moschzisker said, «houid bave power fo agree, within detined limits, on rules of Jaw for the guidance of international relations, Authority to discuss points of gen- wul public policy and make recom- ndations to the several nations in t regard; and the privilege of act- as an instrument for international operation in rehabilitation and ather such work, with roum for ex- pansion 1t such a plan were agreed upon, the speaker sald, this country should join the recon new assoc into of nations, become a member of ¢ now constituted; but United States should recommend, though not insist, that the advisory .*hrllnn of the court be rlln\tnated PAPERMAKER DII'IS PETERSBURG, Fla., corge I3 Bardeen, pioucer paper suanufacture Mich., Urre today after several weeks' fll- 5. He wak head of a company which owns eight paper mills. EIGHT FIREMEN OVERCOME. NEW YORK, January 26.—Eight firemen were overcome today while sighting fire in the four-story build- « of the F. F. D. Manufacturing Company, furniture makers, Where Hot Air Is Deadly. In Mesopotamia the “poison wind” or sam” is a whirlwind of super-heated @ir, which literally deals death to those st strikes. Tt travels almost with the sectness and narrow path of a bullet, ) "H!vl: out perhaps a single individual. 16 person struck by it collapees al- snost immediately, and may die if wtimulants are not soon applied. It has i effect of causing heat apoplexy. Political <ign the ourt of Otsego, parties " had esisted lingland for 200 years before lhe extenslons of the suffrage. which cume in 1867 nd in 1884 hearings gricuiture committee yes- perfect crop diversifi- cation bill and report it to the Senate first step in the hearing | (hat a majority ap- proval to the Norbeck-Burtness bill, Mon- appropriate )00 to permit them as to the | Curtis bay | state ! ructed league, or the ' January | died | Records on Local The twentieth ann Ahe Washington Chapter, Institute of Banking. will be held at the Willard Hotel on Saturday night, February 23, it was anm{um-od | vesterday cvening. Officials of the | Chapter, in an effort to mairtzin high stundard that has heen the performance of iustitute tions this yvear, promivc the will be blgg Letter thun before 1L W. Burnside Mechanies' National Bank of ¢ town has besn named general chair- | man of the banguet committe with Joseph D. Yerkes of the Federal- American and Kenneth I, Brooks of the American Sceurity and Trust Company respectively, secietary and treasurer. | The following subcommittees havs Leen named to take charge of th various duties connecte with \hu; ainner: Entertainment, n I ! chairman; Tip 1uett, Soper, August B, Hews S hat: and R, Calvo. i banquet of American the set for func- aff; er and cver of the Farmers and | corge- | Willia M E Mrs. 1 M. Wil Mildred Mabel Rosce Speakers, R, V. and W, J. Waller. Menu, F. Blackwell Smith, man, and W Dexter. Seating, Lonis Eckloff, and F. Addison, jr. Reception, H. V. Haynes, Addison, jr: . D. Boyer, W A. Dexter, V. B. Devber, . Doing, Jeshua Evans, E. 4. McQuads, R. I Tohn Ponle. W. W. Spaic McK. Stowell, W Walson, G. W. White | Wilson t Yenterday's Exchange Trading. : iggs Natlonal Bank and Mergen- ! r both reached new highs for ) Vear in vesterday's interesting | {xeunton on the’ Washington § X change, The 1a “whi n man; | enes Misa Mitchell, | Kk and Miss | Woodwuck Fleming, chairman, chair- chairman, [ | chairman sk latter | 1 1 96, | this | uied .. Wash- | lington Gas 6< were unchanged at par | {and a half, and the §s Lrought 831 Nank Clearfogs Jum | A larger fuer it Kk clearings eelk. an 3 at aggre- | leading | centers of the ~ showing j4 wain of 4.7 over the | lamount reported a vear ago. and be- | {ing 264 per cent in excess of the | figures for this period of | Commercial other | hand, totali | crease of T 1 ported Tast week, and | ing with the weelk of last tion of The west section of the count insolvencics last previous perfod, 24 Facts On Nation's Biggest 1 Of the largest bay United States thir New York, twelve n Philadelpht n Francisco. Angeles, and Pittsburgh each h: Detroit four, reports the Banker. of Is a cas th the incre 4 eing | nks. the | in Ch and a lik Hoston | five and ! American BUYING OF STEEL 1 1S BROADENING OuT Orders Now Extend Into Sec- ond Quarter—Review of Other Metals. | i | | I number NEW YORK, January ther broadening of demand Iperienced in the steel market during ithe past week and orders in some icases extended into the second quar- fter. Structural materials continued {to lead in the point of activity, but ithere were evidences of improvement | tin the demand for sheets and bars, {while sales of plate were decidediy {larger, especlally in the west. Rail-{ iroad requirements evidently were | large and the trade felt confident of continued activity and of decided sta- bility in values. Prices for pig lron ' were firm. The demand showed im- | provement, with evident buying on | fears of a’coal strike, Copper Much More Active. pper w more active and de- cidedly firine Buying tor domes- tic consumption was stimulated b lanuimprovement in export demand, {accompanied by reports of better Eu- ropean trade prospects, and the small lots recently pressing for sale soon Iwere absorbed. Later business was reperted at 1 for prompt or nearby delivery and sales have been made at 12% for the second quarter, The more {urgent demand seemed to have been | {supplied at this figure, but there was la continued inqul for March and| April shipments, and prices were firm | jat the end of the week. 1 Drop in Demand for Tin. i Tin reacted owing to a lack of con- {suming demand, with futures offercd jat bid discounts, after reaching 515 ifor spot straits, on account of de- |2 \layed arrivals. | Lead was firm here, but premiums {were being shaded in the west. The | ! general situation was €trong, with | {little likellhood of accumulation. Zinc continued firm, with 2. better | inquiry. Antimony was unchanged, with a | :!alr {nquiry for nearby requirements A was - |CANAD|AN FIELD CROPS i $70,838,000 UNDER 1922 | jLower Prices Main Cause of De-! crease—Farmers Get 67 Cents for Wheat. | By the Associated Press. (ITTA;S',\, January 26, gate value of all field ser Canada In 1923 was estimated i $891,755,200, a decrease of $70,538,000 from 1922, in a report issued by the bureau of statistics today. Lower prices were the main cause of the idrop. The hay and clover crop ac- ! counted for a decrease of $32,066,000, The wheat yleld was estimated at i —The aggre- 474.1990,000 bushels, compared swith 399,786,400 bushels In 1922 and the annual average during the five vears | of 269,233.910 bushels. The average ! Dgice received by the farmer lust vear per bushel was 67 cents, com- pared with §3 cents in 1992 and.a $1.37 average during the five Pl‘l‘\’lO'Jhi vear - SIS Our Textbook Age. rrom the Boston Transcript. Mother (out of patience)—If I only knew what to do with baby? Archie—Didn't vou get a book of tructions with it, mamma? i Northwest | Commonwealth Power. lara ofl ! on Monday, For Big Institute Banquet |[Event Comes on February 23—New High Being | Stock Exchange. Frices of Unlisted Securities. Deposits of §100,000,000 or more are held by forty-one of the institutions, of which number twenty-two are lo- cated in New York. Chicago has three institutions with deposits above that amount: likewise Boston; San Francisco, two; Los Angeles, two, and Philadelphia, one. The banks with deposits in excess $100,000,000 in_thelr order ar tv, New York; Guaranty York; fonal Com- York; Chase National, Continental and Commer- & Bank- Equita- .\(‘\\ York: Bankers' Trust, New York lank of Ital an Fran- clsco: First National, New York: Me- panics and Metals, New York; Flrst National, Buston: Unlon Trust, Cleve- land; 1liinois Merchants' Trust, Chi- cago; Manhattan Company. New York: First Natfonal, Chicago: Cen- tral Union Trust, New York; Corn xchange, New York; curity Trust 4 Savings, Los Angeles: Cleveland Trust, Cleveland: New York Trust, ¥ hatham &nd_Phoenix, r itional Park, New York * Southwest Trust und Savings, ngelos; Bank of Amer Hanover National, Exchange ork; Farmers' Loa York: Q14 Cuiony Ty 20510 3 Trust, & Nation: tlonal, St New York; ple’s State, Detroit; Mellon Pittsburgh: First Trust and lhhagn‘ Manufacturers' Trust, York; Industrial Trust, Providence. Federal Rexerve Ratio 50.4, The combined federal reserve ratio stands at 80. per cent, compared with 80.1 per cent a week ago and with 76.5 Der cent a year ago. The present aver- i8 at the Lighest point since the duplicating the ratio of August ble Trust, ew tona and Tru cantile ol Pllladeiph l!»lp)\l.x. Louis; Peo- ional, 19: The extreme strength of the banking position as reflected by the ratio is likeiy to bring about agitation for n re- duction in the rediscount rate, ut y ent 43 per cent over the entire syste Whil o is no indicat! course to be pursued by reserve offic it may be pointed out that when N York reduced its rediscount rate to per cent on Jun 19: the combined Tatio stoo Xt or 1.3 points under the present figure. Cash reserves at $3, new high record and excee quirements by $1.743,000,000, also a high point to d: Loenl Securities Prices. The foilowing latest “‘bid” and ed” pric uoted for the guidance of holder these secur Tonds Army nod Cosnos Club wits Club 7 Metropolitan Ciub 4 Storki Anacostin_ Bank | Hanking Trust & | Chupin % I Clhapin Sarks Citizens” Navings Bank Conneeticut Cliitarian He Ttale gh Hotel ¢ 3.000 s leg witlch Asked Nes Club s i Ak 4ize istrict Title Tns. henge Bunk ankiin Natlonl Funk ey T North Cap avinks DBank <avinge Ihank Savings 1 Wanhington Title In< Washington Dase I Woodridge & Langdon Sav's ik e —— 'NEW HIGH RECORDS IN CURB MARKET! Violent Advances During Week Scored in Many Issues—Oil Shares Extra Active. B tie Associated Press. NEW YORK, January activity was displayed the exchange the past week, many traveling over a ~wide- range and a ved un to new high ree- Interest was about evenly d between the Standard Oil i and the various industrials. TUnusual carb sues, ords. vided sues Most of the demand consisted of ac- ¢ cumulation for special reasons. The coal stocks were among th most prominent features. Glen Alden Coal moved up to the new high rec- ord. or §6%, in expectation of an in- creased dividend at the February meeting. Lehigh Valiey flected the disposition of holders of Lehigh Valley to dispose of rights and of equities in the new coal stock when issued. A number of public utilities were | in increased demand, among them be- ing American Light and Traction and American Gas and Electric rose from 30 to 547 Brooklyn City Railway made a new high for recent trading on an ad- vance from 12 to 14, but when it was announced that the company intended to declare a stock dividend it reacted more than one point. Dubilier Con- denser rose to the new high of 16. | Bridgeport Machine became active, ranging from 10% to 12%. Ward Baking issues were prominent fea- tures, the “A” stock advancing more than 11 points. After showing indifference to the continued improvement in the oil in- dustry some of the stocks in that group made violent advances. Stand- of Nebraska first rose from 230 to 256%, and then reacted to 237. Standard Oil of Ohio moved up from 14 to 333 and Solar Refining ad- vanced from 202 to 224, WEDDINGS ARE EXPECTED BY ORDER OF OFFICIAL | Several Colored Couples Directed to Take Action—Cases Near Bethesda Involved. Specinl Dispateh to The Star, ROCKVILLE, Md., January ometime before the close of business the office of the clerk of the circuit court here is expected to | experience a dectded rush for permits to wed. 'The applicants will be half a dozen or more dusky couples from the vicinity of Bethesda, this county, whose sudden decision to embark on the matrimonial sea is not so much the work of cupid as it is the result of an edict of State's Attorney John A. Garrett, who has glven them until 8 o'clock Monday evening to appear before him in his office here and present certificates showing that they have been duly made hushands and wives or suffer even a worse fate than having to go through life un- der the shackles of matrimony. Receiving information that several young colored couples were living together in the Bethesda neighbor- hood without having undergone the formality of marriage ceremonies. State's A!lorne‘ Garrett instructed Policeman Leroy Rodgers and other officers to make an Investigation and their report was to the effect that the prosecuting officer had not been misinformed. | oy 1~ issues re-| 26— | C., JANUARY 27 |RANGE 0F~ MARKET AVERAGES 1921 19 | i | { bove shows the tin on the New f October, 1921, up nd olld curve represents section indicates volume compiled by the Wall Street J Note- Amert and Am. Loec Products, Texs tive stocks d 7 sales of urnal with Co. par n {The Year 1924 to Date on the Washington| Stock Exchange. ibby & Co., Hibbs Bldg. Furnished by W. B. QUAR. T"QUAR. 22QUAR. fluALl‘uuAl, T"QUAR. 2°QUAR. IIII Illfll'lIlll AN [y | ] high and low, York Stock including industrials all stocks e — 1923 ~1024~ 3 UAR <™ QUAR 1" QUAR. 10 Il‘l"ll' by weeks, of forty rapresenta- Exchangse, from the first week week ending 26, 1924 outline_curve Lower Averages used are those the and du Pont Powder, Mack Truck, Sears-Roebuck substituted arici for Am. and Central Loco. par 1060, Corn Leather. D to rud including Friday, J NS of V i Tel River epl tion Suburban n Gas Lt 1st tropolitan R. R. 1st Power st 1 W Pot 15t Ry. 18t s 1.000— iz 100-—Ward Bhares. o7 xTcx KS. Capita Washington —Wash. Ry, ar National Security Trust ings Ban d Trust inental and Vhuet Trmarance. otype e Marker N 1 Bank National -Washington 1 100— Stz rdard Rank OIL BONDS RECOVER LOSSES IN MARKET Pan-American and Sinclair Issues Strong—Liberty Loan Thirds Advance to Par. | Press danuary \ fresh h in low-priced rail- ican Petroleum and Sinclair Oil issues and another advance of the Liberty {third 43s to par despite weakness of other government issues. featured to- day’s brief but active bond market. Trading which was listless at the opening plcked up momentum during the short session and activity was | fairly brizk at the close. uying of the speculative rails | centered in Denver and Rio | Grande, F Colorado and Southern, and Great | Western, Rock and Southern | Railway issues. which recorded gains of a point or more. High-grade rai {road bonds also were active at ri iing prices. Absence of speculative selling re- moved the pressure from Pan-Amer- fcan and Sinclair obligations, as well as the Virginia-Carolina Chemical s. in_which marked recession had taken place. They recorded moderate gains along with Marland Ol Tlaes, Wickwire-Spencer Steel 7s. Wilson first 6s and American Writing Paper fs. Orders pouring into the bankers In- dicated an _oversubscription of _the $50,000,000 issue of Southern Bell Telephone bonds which will be placed on sale Monday by a nation-wide syndicate headed by J. P. Morgan & ¢ EX-DIVIDEND TABLE. Mahoning Coal It ..$10.00 Am. Rank Am. Red. pf.. Burns Bros, class A, q... Burns Bros. class A, ex Eumns Teos, class B a-- Detroit United Ry.. @...:i.iilllll0 Flrestone Tire & Rubber 7% p! a Iron l’“ndl\u‘l; ';'Tlr’lp P Kelly Springfieis Eelly e L Miami Copper Co. 5 Pennsylvania R. Sineiatr Cons. s Sinclair Cons. Oil pf., 4 February Continen Continental Can - (dividend ‘in rommnn wtock! Hercules Powder pf., q Natlonal Supply Co..'q February 6— Central Tailroad of New Jersey, q COTTONSEED OIL OFF. NEW YORK. January 26—Cotton- seed ofl was weak and heavy on general liquidation. induced by cheap- er crude, slow trade demand and the poor showing in lard. Numerous stop- orders were uncovered on the break. Closing bids were 15 to 27 points net lower. Sales. 30.400 barrels; prime crude, $.87%a9.121:; prime summer yellow, spot. 10.40a1060; January, closed. 10.35; March, 10.54; May, 10,92 all bid. STED DF [ | Van-Amer- | 1 10 N 4313 PARTHENT. ELECTRICAL INDUSTRY IN NORMAL CONDITION Special Dispatch to The Star NEW YORK, January business in the electri reported . throughout the week, the exceptions being a decided | fmprovement in New York and a bit | of a lull on the Pacific coast, accord- ing to the Electrical World. The un- usually prompt recovery from the vear slump is well su: industry country this ! mal 1 Electrical contractors believe that there good promise of a larger building program this year than in The general price situation in al construction work Is still not very good In New York, but it Is bettsr in the south and very sat- actory throughout the west. Hous- ing is expected to lead in this con- struction program with industrial and office building running second and tkird WOMEN MAIN BULWARK FOR SAVINGS SOCIETIES | PHILADELPHIA, January 26— Women continue as the bulwark of the business of mutual savings fund societies. This is evident by the an- nual report of the Philadelphia Sav- ing Fund Soclety for 1823, iwhich shows that of the 28,771 new accounts opened in that vear 15,195 were by women xnd 13576 men. Wage earners topped the list of men, with a total of 9,770 accounts; likewise wives of wage earners lead in ths_tabulation devoted to females with 5,652, with wives of salaried s occupying second place by of having opened 2.089 ac- count Strangely, both business men and Dbueiness women do not have the sav- ings habit. Only eight new accounts were opened by business women and 311 by business men, whereas pro- fessional women opened 365 accounts and “professional men 453. = 458 FAILURES IN WEEK. Decline of 72 in Number of Firms Over Previous Seven Days. NEW YORK. January 26—A total| of ‘458 commercial failures in this! country were reported to R. C. Dun & “Co.” during the current week, a decline of seventy-two from the num- ber reported last weck, and of eighty- five from two weeks ago. In the cor- responding week of last yvear 511 de- faults were reported. The west is the only section of the country showing a increase in insolvencles this weelk. The declines in all other sections more than offset this increase, how- ever. 1 | { | FLO'UE IS UNCKANGED MINNEAPOLIS, Minn, January "G. ~Flour—Unchanged: shipments 0 barrels. Bran, 25.50a27.00. Vlhent. 0.,). morthern, 113%ali7d; May, 1:133%; July, 1.14%; September, 1.12 Corn, 'No. 3 vellow. 72. Oats. No 3 \(rtn!c, 43%atd%, Flax, No. 1, 248a e e COFFEE MARKET ACTIVE. NEW YORI, January 26.—Yesterday’s market reaction_were foliowed by ad- vances in the coffee market today which carrled March back to the recent high level and established new high ground for the season in later deliveries. The opening was 3 to 9 points higher and active months sold 17 to 29 points above yesterday's closing figures, with May gdvancing to 1030 and Beptember to | ished_unsteady, <1924 —PART GREATER ACTIVITY IN'SILK TRADING Retailers Reported Holding Off on Fancy Cotton Dress Goods at Present. Special Dispatch to The Star. NEW YORK, January 26.—Tm- porters of fancy cotton dress goods report a disposition on the part of retailers to ask for deferment of de-) livery for one month on their con- tracts, this being attributed to mild weather, which has delayed the turn- 1ing of winter goods into cash, and the late date of this year's Easter, Retailers who have put such novelty goods for spring report a good demand, especially on crepes, whether embrofdered or printed. In the silk branch there has been increase in the number of buyers coming into the market. These are placing orders for plain sflks, thelr purchases of printed silks having been made quite Bome time ago. As usual i the end of a weason, there i ning-up of odd lots by manutacturers and converters and some selling of like nature by cut- ters-up who were overstocked with left-overs. Knit Goods Varket Slow. Business in the knit goods markets Las been slow on the whole. Because of the mild w movement of Leavy-welght ar has been Lelow expectations, and both jobbers and retailers ure said to be rather heavily stocked. It is helieved that there will be 4 lorge carry-over of heavy-weight goods at the end of this ‘weason. Partly for this reason @nd partly hecause of uncertainty regarding prices, advance business on next season’s heavy-weights Is Leing placed very conservatively. On spring goods, it is understood, whole- salers have placed only about 30 per nt of thelr requirements and an uctive demand, consequently, is ex- cted to develop in the near future. he Tosfery market has been dis turbed somewhat by price cutting on low-cnd cotton lines and reported meessions on some silk lines. This is making buyers even more hesitant than they have heen about placing cc orders at the present time | W dress goods additional {1ines of Rannels, now a6 much fn are being offered by mills that noticed the tendency und were pre pared” to their operations on these fabric anufacturers of fin {worsted twills, te., are noting the attention which smartly dressed women are now giving to suits, as rted in the Dry Goods Economist Prices on wool dress goode j#nd coatings are firm, with expecta- jton of advances when the lines are fully opened for fall, this expectation belig based on the firmness of raw wool in all markets. BALTIMORE PRODUCE. BALTIMORE, Md ieial)—The egg the week and on sale | Junuary 26 (Spo arket ruled firm advanced @ nts ‘s quotation, While re- accun the mc a weather h values u tain from day ll\ day, nnd prompt {regular shipments ‘lhA tion of turke !easior, general 1i ket rules steady to {Bo0d for young chick winters two pounds and b, % to d, an able. Wit which are e poultry firm. especially ider. which while spring. chorns, %ia not bring in fatriy large and mall and kWi s are to Wwhile 18 to =0, ample supply Market rule on geese &horns bri Old roosters | #1o sale at 1 on ducks, but ducks sell 24 1 . but geese 11! not bring ove l.‘ Pigeons and guinea fr‘\\l are in fair request at pair for the for- imer and 40 to 60 each for y ; 36 each for old of the latter, have been in more ceipt ti [ with only w talr demand for o Iu\z-fl hens ar gobblers while heavy and poor jerooked breasts are siow sale at 20 ¢ 2. Capons and du are the on | twolines In dressed poultry any premium over live, ket generally rules ' easy. capons six pounds and over bring 33 | while small slips sell mostly 30. l:ll(‘kn lrruvllr a premium of = cents a pound over live stock ’!'hn receipts of whit J¢ hn-: :rA |only muderate und under a fairls i®ood demand the market advanced a shade closing steady at 1.30 to per 100 poun and 1.00 to 1.10 f'-r No. Maryland und Virginia McCor. pmicks. however, will bring over 1.sa jto 1. Hundred and_fifty _pound { sacks selling mostly 1.0 to 2.00, | togauality and conditton Seasonable native and nearby {den truck in good demand with values l“ho\\ll\k an advance over last wealk jon most lines and prospects of fu ther advance if present weather ¢ i tinues. Quotations when -market ‘H_')nvpn\l today: leets and carrots, 15.00 to $.00 hundred: broceoli and iKkale. 30 to 40 bushel: brusseis { sprouts, 10 to 26 quart: cabbage, 4.00 00 hundred, and savoy. 50 1 celery, t 1.00 radich, 3.00 to 4.00 nions. 1.50 to 2.75 per 100 yster plants, 6.00 to $.00 i par: 50 to €0 bushel, and turnips, 140_to 56 bushel. Winter apples are in only fair de- mand and only packed stock of know n hrands commands any attention at £.00 | ito 5.00 a barrel and 50 to 1.50 per bushel, as to quality and condition. MIDDLE STATES TO BUY SOUTHERN STATES SHARES By the Associated Pross NEW TORK, January 26.—An agree- ment has been reached between & commiittee representing a number of iNew York Stock Exchange houses and { officials of the Middle States Oil Com- | pany. under which the company will Durchase from or through the com- {mittee 276,000 shares of Southern States Oil Stock at $14.75 a share. All brokerage houses have been ask- ed to deposit with the committec all Southern States Oil stock held on margin. GRAIN PRICES SLUMP. CHICAGO, January 26.—Corn and | oats lurched down in price today,| chiefly owing to government reports! that on January 1 hogs on farms had decreased 2,926,000 in number as com- pared with a year before. Corn fin-| % to 1% net lower. | May 79% to 79%. with oats %al: to| % down and wweat at '3 off to I§ up, May 1.08% to 1.09 and July 1.07%. In provisions the outcome varied from unchanged figures to 12 decline. SECOND IN GRAIN EXPORTS. BALTIMORE. January —Balti- more ranks as the second grain-ex- porting port of the United States for 1923, immediately following New York, according to figures compiled by the Baltimore Chamber of Commerce. There were 43,114,127 bushels of the various characters of grain exported from_ Baltimore during 1923. as com- ared with 87.130,000 bushels from ew Vork and 32,107,000 bushels from Philadelphia firm Large d poc gir- n- bush; io pounds: i Demand | and | 2.00 | hundred: | FINANCIAL, ' COTTON PRICES HIGHER. chunges. However, Are Slight in Saturday Trading. NEW YORK, January 26.—Declines from an opening advance in the cotton murket today appeared to be influenced by reports that stocks of goods were accumulating and that increased mill curtailment was to be expected. May sold at 33.74 early on the higher Liver- pool cables thar expected, but broke to 30, or 12 points net lower, and closed at 33.47, compared with 33.42 at the close of the previous day. The general market closed steady, net 10 points higher to 20 points lower, with the new crop positians relatively quiet and easy. NEW ORLEANS, January 26.—Cotton futures closed barely 'stéady at net losses of 1 to 8 points. Cloe: March, 33.18a33.30; May, 32.88233.00; July, 32.024 32.08; October, ' 273527 December, 26.90' bid to 27.00 asked. Spot cotton quiet and unl-hfing'.'d, Middling, 33.50. COPPER PBICES FIRM. NEW YORK 26.—Recent activity was by a quieter market for copper toward the end of the week, but prices were fArmiy maintained w otations ranging | from 12% to 12% for electrolytic de- livered. ‘Iron was firm. LEADS IN AUTO TAXES. DETROIT, January 26—More than ! halt of the taxes collscted by the | Unitea States on automobile trucks, passenger cars and accessories wers paid in Detroft last year, according to figures made public by Fred L Woodworth, collector of Interna revepue. The total amount collecta: was ' §144,250.490, of which Detrolt paid $78,968,377. The previous vea Detroit's’ payments amounted to $50,120,448. Mortgage Money to Loan On Real Estate. Let us finanes your property. FIRST MORTGAGE NOTES | le. Consult us if you bave svailatle funds for investment. THOS. E. JARRELL Member Washington Real Estate Bosrd 837 Woodward Bldg Main 768 ‘Money to Loan Becured by first deed of trust on real estate Pre ing ioterest and commission. | Joseph I. Welle T 40 Wash Lo & Trams Bidg. oth & F How much real va stock you are stranger is telling you -when you can absolute safety? depreciate in value. invest DANGER Versus SAFETY lue stands back of the asked to buy? Are you sure that the nice, honest-looking the truth? Why Take Chances vour money with Our FIRST TRUST MORTGAGES never always pay highest rates - of interest, and we look after all details. E‘! il MORTGAGE 713 and 715 14th St. Come in soon and talk this over with our INVESTMEY T DEPARTMENT | SHANNON & LUCHS| N.W. Main 2345 MONEY CHEVY CHASE, 54% ! 912 15TH STREET LOAN CORRESPONDI INSURANCE I ISTRICT OF COLUMBIA AND H. L. RUST COMPANY coME, TO LOAN oN MD., RESIDENCES Interest MAIN N.W. 6888 We Have Ample Funds | For the Purchase of | Trust ! and Colla | j Secured on | First and Second Notes teral Notes Real Esiate Construction Loans Made at Reasonable Rates i i i Phone Main 1403 EARNINGS ou! INCOME REAL ESTATE Real Estate, Mortgage & Guaranty Corp. 26 Jackson Place Washington, D. C. BACKED BY R FIRST MORTGAGES Quer a Quarter of a Centur) Without a Loss. B. F. DRY GOODS EASY. NEW YORK, January 26.—Cotton goods were quiet today, with prices Somewhat easy in the gray goods divi- slon. Yarns avere lower. New silk was barely steady with transactions light. Linens were quiet here, but in foreign markets prices were advanced. Knit goods were steady. Main 2100 —are without comparison for safety and furnish the one sure solution for a steady, regular income. Every mortgage is se- cured by Washington income- They interest—which we collect semi-annually and for- of these producing real estate. 7% pay ward to the investors mortgages. SAUL CO. 1412 Eye St.