Evening Star Newspaper, February 2, 1924, Page 10

10 OIL INQURY HERE ' SLOWSUPMARKET Railroad Shares, However, * Are Active and Higher in - Two-Hour Session. By the Associated Press. NEW YORK, February 2.—Strength of the Southern and Southwestern railroad shares, most.of which ad- vanced a point or more to the highest prices in months, featured today’s brief ahd irregular dession of the stesk market. Considerable profit taking was again in evidence, partic- ularly among the tobaccos. Independ- ent steels were firm and several strong spots developed in the spe- calty list, Hayes Wheel, Savage Arms, Otis Elevator and Woolworth rising 2 to nearly 4 poihts, ‘all at new nhigh prices for the year. Traders showed a disposition to old down their comimitments pend- 1g further developments ' at the Washington oil inquiry and a more definite indication of the trend of spring business. The closing was ir- regular. Sales approximated 450,000 shares. RAILROAD SHARES LEAD. Industrials Pushed Aside. in To- day’s Brief Trading. BY STUART P. WEST. P 1 Dispatch to The Star. NEW YORK, February 2.—Ind trials gave way to rails in toda tiwo-hour session. Wabash preferred offerings Ju sorbed, shot acro: timent became very, this occurred, for the reason that it cemed to point to_dividends. and vhen dlvidends are begun it is not thought that they will be less than & ver cent. N Next to Wabash, the St. Louis and Southwesterns were the features. Taset year carnings ran at the rate of over $11 w thare on the common after allowing for the full $5 on the Ureferred. The attraction about St. 1ouis and Southwestern common Is that there Is & comparatively small issue outstanding, and now that the pre- ferred is back to a dividend basis a Gistribution on the commion is a fair cpeculative possibility. o1l Shares Irrcgular. Ofl shares w ""i‘be‘ but 1fl’:e ro; at Friday’s close T enowed, except. in the case The weakness Clair reflected the Washington news, hut otherwise this was not a factor in the market. i Tnterest dwindled in the steels, sugars, the equipments and the mo- tors. The only industrials to do much were stocks of the pool varfety, lk savage Arms, Hayes Wheel and Tim ken Roller Bearing. In the last hour the movement in the low-priced rafls broadened out conslderably. New Maven crossed 20 on large transactions. St. Louls and San Francisco shares, Pere Marquette, ‘Texas and Pacific, Seaboard Air Line preferred, Kansas City Southern and Rock Islind ull were actively bought. Allis Chalmers Is Feature. Turther buying of Allls Chalmers oceurred today following the publica- tlon of the 1923 earnings, which were larger than for the previous twelve months. Net profits were $2,703,636, 549 in Th lagt year s that earnings showed a progressive increase from month to sonth. The net, after expenses and es and allowance for preferred {dends, was approximately §6 per/ shure on the common. Recovery continued moderately Lotk sterling and francs, and French dollar bonds s0l@ at the highest in over a week. Friday's vote in the French chamber, showing a reduced ajority for the government on a Nor question regarding reconstruc- on outlay, did not tend to clarify cpinion as to the result of the main tinuncial, reform program. ST. LAWRENCE CANAL- PARLEYS MAY REOPEN State Department Gets Letter From Ottawa, Believed to Be on Subject. A resumption of negotiations be- tween Canada and the United States on the question of opening the St. Lawrence river by means of a canal, #o that vcean-going commerce might De carrled on direct with great lakes vorts, both Canadian and American, ppears probable with receipt yester- day by the State Department of a communication from the Ottawa gov- ernment understood to be in rela- ilon to the proposed project. Depurtment officlals declined to gomment on the communication pend- ing arrangements initiated by them to have the Ottawa authorities agree to its simultaneous publication. It known, however, that Secretary ilughes presented the matter yester- day to the cabinet, which discussed it for more than an’ hour. The proposal to connect the great lukes and the St. Lawrence river was placed before the Canadlan authori- “ies informally more than a year ago Ly the State Department, but the mat- 1er has not been pressed by elther sovernment. . e TODAY’S COTTON PRICES. Mill Reports ih South Help Price . Advances. NEW YORK, February 2.—Cotton futures opened firm. March, 33.80; JMay, 34.20; July, 32.85; October, 28. December 27.60. Cotton futures closed firm. March, £4.00 to 34.07; May, 34.33 to 34.39; July, 32.95 to October, 28.33 to 8.36; Dacemgfier, 4. Spot steady; widdling, 34.35. NEW ORLEANS, February 2.—Cot- ton futures opened steady. March, : May, 38.55; July, 32.60; October, 5; December, 27.25. Prices were lifted 15 to.23 points $n the first half hour of trading in cotton today by better political news and much better accounts from mill Centers in this country. Reports tfrom Georgia claimed some of the 1108t important mills in that state were running night and day. The recognition by England of the soviet sovernment was regarded- by cotton yien &s an event of the highest trade importance. March contracts were udvanced to 33.85 and October to 27.70. % OIL GOES STILL HIGHER. and - Empire 'Announce Advances. BARTLESVILLE, Okla, February #—A new price of $1.15 a barrel for oil-of less than 2 degrees gravity was announced today by.the Prairie Oil and 3:5 Company, an increase of 25 cents. The Enipire Company im- inediately posted ,a similar: price. 55 A WEEELY BANK REPORT. NEW YORK, February 2.—The ac- tyal ' condition' of .clearing - house panks and trust companies for the week showe an excess In reserve of SK?I?E . This is. an increase of 519,125,640." ’ 4 Rrairie Y / in | C: ! Close. e, 7% | Mex Seaboard cf. 77% | Miami Cop (2). 8% | Middle St O11. 1% | Minn & St Louts. Mis Kan & Tex. Min K & Tex pf. Missour! Paclfic Open. High. Low. Adams Bxp (6).. T6% 7% T6% Air Reduct (4).. 784 784" 8% 8% * Open. High. Tow. Clos 18% 19% 184 1 2 1 Allis-Ch-Mf (4). 49% Allls-CMpf (7). 95% Am Agri Chem... 154 Am Agri Chempf 40% Am Boschi {AmBrs&F (5). Am Can 16) . Am Can pf (7) 1 ‘Am Chain A (2). 22! Am Drug Synd... Am Express (6) . AmForP fpd. Am Ice (7)., . Am Internation AmLaFFE (1), Am Linseed. { Am Locomo ( Am Metal (3) . Am Radiator’ (4) 108 Am SafR (500).. 6% Am Ship & Com.. 14% Am Sm & Re (5 60 AmS&Rpt ( 99% Am StI Tdys (2).° 88% Am Sugar. .. 564 Am Sumat Tob Am T & Tel (9) Am Tobae (1 Nash Mot (18%) 105 Nat Biscult (3). 53t Nat Cloak & Suit 64 . | Nat Dept Stores. 2" | Nat En & 5t (4). Nat Lead (8 NYABra (4) N Y Canners (2). N Y Central (7) N ¥ C-Readg rt: NYC&StL (6). NY U&StL pf () "| NY Dock. . N ¥ Dock pf (5). NYNH&H.... N Y Ont & West. North Amer (2). North Pac (5). Nunnally Co, Okla Pr & Ref. .. Otls Elevat (S) Otis Steel Otis Steel pt. Owens Bot (3), PacG&E (8). Pacific Oil (2). Packard (1.20) Pan Amer (8). Pan Amer B (8). Panhan P & R pf. Parish & Bing. Penn Rallrd (3) 24% 105 84 7% 87% 23 4% ) ). 2 ). Am Woolen (7) Am Wool pt (7). 1 Am Zine. ... Anaconda Cop. | | Attantic Ref (4y. | Atlus Powd (4)... Austin-Nichols. | Atlas Tuc! { Bald Loco (1) 1 Buld Loc pf ¢ i Bal & Ohio (5) { Barnet Leather Barnsdall A Barnsdall B Beh Nut (2.40) . Beth Steel (5).... Beth Stl pf (1) ... Br'k Edison (3). Br'k-Man Tran... Br'k-Man Tr pf. Bkiyn Un G (3).. Burns Br (10). .. But C&Z (500).. Butte & Superior. CaddoCen O & R Cal Packing (6) : i Cal Pet (1%).... { Callahan Z Lead. Can Pacific (10). Cent Leather Co. Cent Lea Co pi. .. Cerde PasC (4). Certain-Td Prod. Chand Mot (6) Ches & Ohio (4). Chicago & Alts Chic & Alton pf Chic Gt West. Chic Gt West p; Ch Mil & St Paul. |ch M &seppr.. { Chic & Nohthwi.. Ch & Nwn pf (7) | Chic RI& Pac.... {CRI&PDI(6). Chile Cop (212) .. Chino Copper Cluett, Peab (3). Coca-Cola (7)... i Colo Fuel & Iron. Colo Southern. . . Col G & E (2.60). Col Carbon (4) Com Solv A (). Comp Tzb R (6). Pere Mpr pf (5). Phila Co (4)...... Phila & R& 1 wi. Phil Mor (50¢) Phillips Pet ( Phillips Pet rt Ph'nix Hpf ( Plerce-Arrow Plerce Ofl... Plerce O!l pf. Pitts Coal (4) . Pitts Uthl ($95c). Pitts & West Va. Prod & Refiners, Pr&Rpf(3%).. & PubSerNJ (4).. : 1244 116 2300 26% k- k- 124, 60 24% 114% % Pure Ol (1%). Ry StSgpf (7). 114% Ray Cons Cop 10% Reading (4) . Reading rts, Read 2d pf (2) ... Remington Type. TReplogle Steel.. Rep Ir & Steel Rep 1& S pt (8) .. Roy D'tch (3.46) Rutland pf. St L San Fran. St L-San I'r pf. St L Sothwest, 1n 6% 18% 345 23% AT 4% 63 4 B2 w07 % 17% Sears Roe & Co... 96le Seneca Copper. Shattuck-Ariz Shell Trad (2.06) Shell UnOll (1) Shell Un pf (6) Stmmons Co (1). Stmms Pet . Stne Con OI1 (2). Skelly O1l. . Sloss-Shef Stl. ... So P Rico Suga South Pac (6) . Southern Ry . South Ry pf (3) St Ol Cal (2) StOIINJ (1) StOINJIpt (7). ew't War (10), 94% Studebaker (10). 103% Submarine Boat.. 11 Superior Oil. Tenn C & Ch (1). Texas Co (3) Consol Gas (5) .. Consol Textil Cont Can (4). “ont Motor: Cosden Co. . Crucible Stl (4).. Cub Am Sug (3). Cuban Cane Sug. Cub Cane Su pf.. Cub Dom Suga Cuyamel Fr (4) .. Davidson Chem.. Davison rts. | Det Ed Co (8) . Dome Mines (2). Dul So Sh & At 3 3% 93 pres 3 Texas & Pacific. . Timken (13%) Tob Prod (8) ... ‘Tob Prod A (7) Transcont Oll. Transue & W (3) Twin City R (6). Un Pacific (10).. United Drug (6). USCIP (2) U 8 Food < U S Ind Alcohol... U S Rubber. USR 1st pf USR&Im (8) U S Smelting. . ... USSm't pf (3%). U S Steel (16%). U 8 Steel pf (7) .. Utah Copper. (4). ‘Vanadium Corp Va-Caro Chem DuPtde N (8)... 1 DuPdeNdb (6) | Eaton Ax (2:60). lEl St Bat (i5%) Bnd-John (5) . Erle..... Erie 1st pf. { Erie 2d pt. { Famous P1 (8)... Famous P1 pf (8) Fifth Av B (64c) % Fisher Bdy (10). Freeport-Texas.. Gen Am TC (3). Gen Asphalt. ... Gen Clgar (8)... Gen Elec (8) Gen El spe (80c). Gen Mot (1.20) Gen Mot db (7) Gimrbel Bros. Glizbel Br pf V Vivaudou (2).. Wabash. . Wabashpf A. ‘Wabash pt B. Web & Hetlb (1) West Maryland... ‘West Mary 2d pi Pacific. G'dyear pr pf (8) Gt North pf (5) .. Gr Nor Ore (4).. Guantan Sugar. Gulf St St (4) Habirshaw EI C.. Hartman Co (4). Hayes Wi} (3).. Homestake (6) .. Houston Oll. ... Hud Mot C (3) .. Hupp Mot C (1) Hydraulic Steel... 1Ind Oil & Gas. Indiahoma Ref. Indlan Motorcyc. Indian Refining.. Inland St (2%). Ins Copper (2).. Interb Rap Tr... Int Cement (4)... Int Com Eng (2) Inter Har pf (7) Int Mer Marine... Int Mer Mar pf... Internat Nickel.. IntT&T (6). Invineible Ofl. ... Iron Prod (1%). Jones Bros Tea. . Jones & Lau (7).. Kan City South... Kan CSopf (4).. Kelly Spr Tire. ... Kel Sp T pf (6).. Kel 8p T ot (8).. Kenne Cop (3)... Keystone T & R.. Kresge 8S (8) Lig & My rts. Wil&Copt (7).. ‘Willys-Overland. ‘Woolworth (8) Wright Aero (1), Youngst S&T (5). pibidend saten a8 givea are the 1 t Tl 297 208% 297 208% 11% 11% 11% 11% 6 6 69 69 able in in or special PORTS TRADE IRREGULAR By the Associated Press. NEW YORK, February 2.—Brad- street’s Review today says: ‘ “Irregularity characterizes the gen- .jeral_trade and industrial situation, ‘|and varifed degrees of activity are visible accordingly as different trades are viewed. Briefly stated, activity seems most manifest in what might be ‘ called constructive industries— iron, steel, coal, petroleum, and fn lumber, paints, hardware and other lines of bullding material. On the other hand, what might be described the apparel trades—cotton, wool- on? silks and footwear—seem to 1ag, an manufacturing lines fell behind a year ago BRADSTREET RE| 2 Louis & N'sh (5) MclIntyre (1).... Mack Trucks (6) Mack T 1st (7)... Mallinson'& Co.. Manati Sug (5) . Man Elemd gtd.. Manhat Shirt (3) Mars Oll Bxplor. MSRprot (6).. Marland Oil. Mart-Parry (3) .. Marlin-Rockwell. Mathleson Alkall Maxwell Mot A... Maxwell Mot B... May Dpt St (5)... 844 May Dp St (7). 118 Mex Seaboard. .. 19% holesale unque tionably in January. Retall trade, under the spur of spe- clal “sales” and cold weather, had an other pretty good week, and here the conclusion seems to be that buying was slightly larger than that of Janu- ary, 1923, In financial lines feeling in cheerful, and’ with mon dant supply, sales of stock: are considerably in advance not only of December, but also of January, LONDON, February 2.—Bar silver, 33 5-16d per ounce; money, 1% per 4% | cent. Discount rates—Short bills, 3%a 36-! per cent; three-month bills, 35-1623% per cent. INTEREST CENTERS INFOREIGN BONDS French, Czechoslovakian and Austrian Issues Move Up in Day’s Trading. BY GEORGE T. HUGHES. Special Dispatch t3 The Star. NEW YORK, February 2.—The feature of the bond market today was the activity and strength in the for- elgn list. . The improvement w especlally marked in French bonds. Both French 8s and French T%s sold at the high of the week directly after the opening today, while the French cities and provincial issues made cor- responding gains. ' In m?d-Eurgzean {ssues the Austrian governer: 7s were very firm around _against the low for the week of 85%. On the other hand there was £ome reaction in the Jugoslav 8s, but not a large one in view of the more than 6 point advance these bonds have scored in the past six days. Csechoulovakinn Bonds Were Strong. United Stutes government loans and high“grade railroad bonds held around the.top level of the week. Only two showed declines on the week. And in the case of these two the loss was only 1-32d. These two issues are the tax-exempt 33s and the first 4% libertles, registered. Among the high-grade ralls_gains havo been scored by Central Pacific first 43, Burlington, Illinois division 45, and Illinois Central 4s of 1951. Colorado Southern first 4s and re- 2. & | funding 4338 1 ve gained a point or more on the week. Demand for bonds to yield 6 per cent or & little better is large in the present market. The run up in Kansas Gas and Electric 6s today | was an example. The Virginia Caro- lina Chemical fssues. which were so weak last weck, have rallied from one to two points. Total offerings for the week were about $103,000,000. e DICTATES FAREWELL PASSAGES T0 WIF| Ludwig Lewisohn Says Book Was Written Intentially to end Marriage. | ! ted Press. W YORK, February 2.—Ludwig Lewisohn, cditor and lecturer, de- clared in afidavits filed vesterday with the county clerk that one of his books was uutoblographical and con- tained references to his wife, which were “written intentionally as a kind- Iy farewell to a relation which had brought no one uny happiness.” At the time the book was written Mrs. Lewisohn, who is sulng for a separation, ucted as her husband's secretary, and the “farcwell” passages were dictated to her. The Lewisohns were married in Charleston, S. C., in December, 1906. Supreme Court Justice Guy awarded Mrs., Lewisohn $75 a week alimony pending the outcome of her suit. In is answering affidavits to the mo- tion for alimony, Mr. Lewisohn stated t was not his intention to contest his wife's action. He alleged ho was twenty-three when he was marrled, that his wife was nineteen years older, and the mother, by a previous marriage, of four children, the eldest of whom was but three years his junior. BUSSES FLOCK TO AKRON TO REPLACE TROLLEYS Mayor Predicts Perfected Service Shortly—Traction Company Firm | for 6-Cent Fare. By the Associated Prey AKRON, Ohio, February 2~—Akron began its second day without street cars, with little change In the situa- tion. Busses continued to arrive from over the state and fleets of automo- biles are traversing the car routes. The city "lost street car service shortly after midnight Thursday, when the twenty-five year franchise of the Northern Ohlo Traction and Light Company expired and the com- pany refused to renew it except for @ six-cent fare; the “nickel or nothing.” Mayor D. C. Rybolt, who is lead- ing the franchise fight, sald today that the city is gratified with results 50 far and that perfection of the bus service soon would be noticeable. At present a large number of bus riders are paying a ten-cent fare to go from one section of the city to an- other, where formerly they could ride the same distance on the car for & cents, recelving a free universal transfer. —— SEES OIL PROBE “FATAL” TO McADOO PROSPECTS Senator Reed’s Manager in Presi- dential Race So Estimates E. L. Doheny’s Disclosures. By tho Associated Press. ST. LOUIS, Mo., February 2.—The testimony of Edward L. Doheny, ofl magnate, that Willlam G. doo, candidate for the democratic pre: dential nomination, is employed by him in a-legal capicity, is “fatal” to McAdoo's candidacy, asserted Ed. A. Glenn, campaign manager for United States Senator James A. Reed, also a_candlidate for the nomination. “The democrats of Missouri, or of no other state, can afford to support a man for the presidency who is co nected with Doheny and the ofl inter- ests now under inquiry by the United States Senate commpttee,” he clared. OUSTING OF TRAINMEN FOR STRIKE IS UPHELD Court Backs President of Brother- hood for Dismissing Men Who ‘Walked Out Unsanctioned. By the Associated Press. . CLEVELAND, Ohlo, February Z.— Action of W, G. Lee, president of the Brotherhood of Rallroad Trainmen, in ousting 881 members of the ér- ganisation for their participation in the unauthorized strike of 1920 was upheld today by the court of appeals. All of the judges concurred in the decision. The sult, filed by C. B. Clark and H. Steed against President Lee grand lodge, in behalf of other suspended mem- bers, asked for the appointment of & receiver to take over the property -and beneficlary funds of the brother- hood, said to amount to $5,000,000. Charter of all locals whose mem- bers participated in the unauthorized strike were withdrawn, but the mem- bers who did not join the strike were permitted to transfer to other locals. In its opinion, the court held that members of organizations whose laws, charters, or constitutions out- line an appeal procedure in case of suspension must first seek remedy under their own tribunals before ap- pealling to the courts. city held out for a!NYG EL H&P 4 [E5w vox BONDS ok o] (Bales are in §1,000.) UNITED STATES BONDS. (Fractions = represent thirty - seconds. Example: , 98-3 means 98 8-32.) Sales. High. Low, 29 99-10 999 - 3 99-13 99-18 1668 99-14 99-11 61 100 99-31 246 99-16 99-14 28 100-12 100-10 FOREIGN. H ‘ Close. Lib 3%, 99-10 Lib 1st 4%s. . Lib2d 4%s Lib3d 4¥s Lib 4th 43 US4%s 1952, 99-31 99-15 87% Canada 5351929, Canada 68 1931.... Canada 68 196 3 Chile 23 1946 Chile 51926 Chile 85 1941 Chile 7s 1943 Copenhagen 5% Cuba b%s ctfs. Czechoslovakia 8 Dan Munic 88A. .. Dutch Bast I 6s'62. Framerican 7%! French Govt 8 French Govt 7%s, 9634 | D & Rio G imp 58.. 94% 9% 7% | Erle conv 4s B. Mexico. b Montevideo Norway 8s. Norway 6s 1943 Norway 6s 1952 Orient Dev deb 6s. Paris-Ly’'s-Med 63. 49 Rio de Jan 85 1346. 10 Rio Gr Do Sul $s... 2 Sao Paulo City §s.. 6 Sao Paulo State 8 Seine Dopt ot 7s... 15 Serbs Croats Slo 8s 85 Solssons 6 1 100% Uruguay 8s. 2 102% MISCELLANEOUS, Ajax Rubber 93% Am Agr Chem Am Chaln s f 65'3 Am Cotton Ol bs Am Smit&R 6 Am Sug ref Am T & Tcyv 6s. AmT&Teltrb AmT&Tcltr & Am T & T deb 5%5.102 Am Water Wksbs. § Am Writ Paper 6s. 5 Auaconda cv db 7s. B9 Anaconda 1at 6s... 65 Armour & Co 4%s. 14 Armour of Del 5%s 12 Asso Oil Es rets Atlantic Refin &i Barnsdalls f s, Bell Tel Pa 5s. . Beth Steel 518 '53. Brier H St 1st 53 Bklyn Edison 7s D. Bush T Bldg 58'60. Calif Peto 6%sw i, 1 Central Leather G Cerro de Pasco Ss Chile Copper 6s. Commonwth P 6s.. Con Coal Md 1st s, Cuba Canecvd §s. Det Edison ref 6s. Du Pont de N «%s. Duquesne Light 63 Est Cuba Sug 7%s. Empire G&F 7%s. Fisk Rubber ¥s. 15 | St LS W con 4533, 3 oo % Lackawa 8 b8 ‘50 Liggett & Myrs 7s. Magma Cop cv 7s Manat! Sug sf 7% Mexican Petrol 8 Midvale Steel bs. .. Montana Power 53 New Eng Tel &8 NY Edsn 1st 6 NYG EL H&P b o 83 1 105% o = 096200 4 €310 1= O 14 5 €3 00 63 1 10 I3 b b Northwst B Te 7s.. Pacific Gas & Tl 63 Pan-Am Pete 7s. Pan-Am Pete 634s. Phil & Rdg C&L6s. Phila Co 6%s '3! Plerce-Arrow 8s... Producers & Rf 8s. Public Service 5a.. 1 oy & 8655 106 102% | ‘Americ Va-Car Ch 748 w. Warner-Sugar 7s.. West Union 6% ‘Wilson & Co cv | Youngsta S & T —_— PARIS MARKET FIRM. PARIS, February 2.—Prices were firm on the bourse today. cent rentes, G4 francs 55 centimes. Exchange on London, 92 sfrancs 20 centimes. Five per cent loan, €9 francs 95 centimes. The dollar was quoted at 21 francs 22 centimes. ‘HEADS NEW TRADE MOVE. NEW YORK, February 2.—A. Lin- coln Filene of Boston has been elect- ed.president of a Joint Committee on Trade Relations, which is being organized to act as a clearing house between textile and apparel manu- facturers, wholesalers and retallers for the elifhination of trade abuses. Organization of the body was vir- tually completed at a meeting unde: the auspices of the United Women' Wear League of America. WOOL PRICES UNCHANGED. BOSTON, February 2 (Spectal The wool ‘market here closed ‘the week with little change apparent as a result of the American Woolen Company opening. Prices were fully maintal and while the . good: prices named were -lower than ex- pected, dealers belleve they are high enough to prevent any’ reduction in current raw. wool lev. 5 0-10 | B & O ref Bs, " B&0 PLE . Low. Close. | B & O Toledo 4s. 101% 101% | Bklyn-Manhat 61 Y% 3 | Pennsyl 63 100% | Pennsyl con 4 % | Third Ave adJ b Direct to The Star’Office. . RAILROADS. Bales. High. Ann Arbor 4s7. 58% Atchison gen 88 Atchison adj 4s. Atlantic F Lel — 83% 83% 101% 101% % 87% 87% 8l 9% 69% % 112 81 98% 101 B&Oov iy &WV is. 6 B&OSWdlvaLs., 2 Canad North 6% Canad Pac deb 4 Car Clinch & O 112 81% 98% Chi & EIll gn Gs... Chi Great West ds. Chi M &St Prf 4%e Chi M&St P o Chi M&St P 4 Chi Rys6s........ ChiRI& Pacrt 4s. Chi TH & SE 6s. 102% 102% 101% 101% E 9% & Bk o bR E L aBe L o SEEREELL OL I - CEERETTY D& RGstrtbs.... Erfe 1st con 4s. Erie gen ¢s woer o 0 O 10 14 09 111 Central 68 Int Rap Tran b Int Rap Tran 6 Int & G Noraj Int & G Nor lst Iowa Cent 1sf . & Lake Shore 4s'25... Lehigh Valley de. . Louis & Nash 5%, Louls & N 68 2002. . Manhat Ry cn . 1 N Y Cent gen 3%as. N Y Cen deb 6 9Tk 66% 1 78 fr.. 142 NYRyrtfeactfs.. NY W & Bos 43 Norfolk & W cn Northern Pac 4s. Northn Pacr 1 6s.. Northern Pac bs D. Ore & Calif 1at 5 Ore-Wash 1st rt Pennsyl gen Pennsyl gen 82% 82% 104% 104% 93% 93% s 90% 91 108% 108% Pennsyl gold 7 108% 108% Fere Marq 1st © 2R0etll olumralBocaa~ 8% a1 64 1% 7 69% O G StL&SFb6%sD.. StL & & F ad} 6s. StL&SFplésC.. StP & KCShL 4%4s. St PUn Dep 6%s.. - © PRBnewe~Se - Southern Ry 6. Southern Ry 6s ct. Sou Ry Moblle 4s. . [P NONEROB RO Tol StL& W 3%s. Union Pac 1st 4 Union Pac 1st rt 4 Union Pacov 6s.,. 5 | Union Pac 1st rf 8 107% | Wabash 1st bs. 94% | Wabash 2d bs. Virginia Ry 1st §s. - R oo . 11 83% 4 81 TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) Sl 100 100118 1003 b 00 7-82 Rate. Maturity. 101 86% | 11 Grain, Produce and “Live Stock LOCAL WHOLESALE MARKET. Igge—Strictly fresh, selected, can- |dled, per dozen, 40; avirage receipts, 39; storage, 26a28. Live poultry—Roosters, per 1b., turkeys, per 1b., 25a30; spring chick- ens, per Ib., 25a26; keats, youns, each, 60870; fowls, per Ib., 22. Dressed poultry — Fresh killed &pring chickens, per 1b., 32a35; roast- ers, per !b,, 30a32; hens, per 1b., 26a27; turkeys, per 1b., 30a35; keats, young, each, 80a85; roosters, per Ib., 20. Game—Rabbits, No. 1, per dozen, 3.0023.60; No. 2, 1.25a1.50. Live stock—Calves, cholce, per Ib., medium, per lb., 12a13; thin, pe b.. 8a10. Lambs, spring, per Ib., 13. Live plgs, 3.00a5.00 each; live hoss, ver Ib,, 7%. Green fruits—Apples, per basket, 50a2.00; Lox, 1.50a3.00; per .barrel, Californlu oranges, per 25.25; Florida, 4.00a4.25. per box, 3.00a3,50. Grape- 0a3.50. Cranberries, 4.50a5.50 Grapes, Califor- 0. 14 nearby, per barrel, No, 1, 2.50a3.00; No. 2, 1.30a 2.00. Potatoes, round, per bag. 2.7oa 3.25; sweet potatoes, 4.50a6.50 per barrel. Southern lettuce, per crate, 1.00a2.00; Iceberg, 3.00a3.50. Cubbage, northern, 2.00a2.50 per 100 Ibs ; Fior! da, 2.00a2.25 basket; nearby, 1.00a1.50 barrel. Tomatoes, Florida, 3.00 Beans, southern, per basket, Peas, " per basket, 4.00a5.00. Florlda, 2.75a3.00. Squash, Peppers, per crate, Florida, 2. Eggplant, 4.00a6.00. Kale, per barrel, 176a2.00. ° Spinach, per barrel, 5.50a 6.00. Southern cucumbers, per bushel, 3.00a6.00. Carrots, 100-Ib. sack, 3.002 .25, Brussels sprouts, 25a30. GRAIN AND PROVISIONS. BALTIMORE, Md., February 2 (Spe- jal).—Potatoes, white, 100 pounds, i 150 pounds, 1.50a3.00; sweets yams, bLarrel, '2.00a6.50: bushel, 1.00a2.50. Beets, 100. 4.00a6.00. Beans, 4.50. Broccoll and Lale, Brussels sprouts, 20a25. 100, 4.0026.00. Savoy, bushel Carrots, 4.00a6.00. ' Celer: . 1.50a2.26. Cucumbers, £.007.00. Bggplants, crate, 3.00a4.5 Lettuce, bas 1.00: . Onions, 100 pounds,’_1.50: Parsnips, busket, 50a60. ' Peas, hamper, 6.00a7.00. Pep- pers, crate, 1.50a3.00. Spinach, bushel, 2.00a2.25. Squash, crate, $.00a4.00. Tomatoes. crate, 2.00a3.50. Turnips, bushsl, 35a40. Apples, packed, barrel, bushel, 50a1.50; box apples, Cranberries, barrel, 6.00210.00. fruit, box, 1.75a3.00. Oranges, box, Pineapples, crate, 8.00a4.50. Strawberries, quart, 40a45. Settling Prices on Gratn, Wheat—No. 2 red winter, spot, 1.14%; No. 3 red winter, spot, no quo- No. 2 red winter, garlick: domestic, 1.15; export, no quotation No. 3 red winter, garlicky, spot, no quotations; No. 4 red winter, gar- licky, spot, no quotations. 5 and 4.40 per 4.20a4.25 per barrel for . 2 corn, spot, 90%; No. 3 corn, spot, 87%; track corm, yellow, No. 3, new, 91 and 9 % 4 “white, white, e, spot, B. Hay—Receipts, S¢ tons. The local hay market is steady for the better grades of timothy. light clover mixed and could be greatly impraved. Foor grades and damaged hay are hard to move at any price. Quotations—No. 1 etraight rye, 24.00a 0. 1 tangled rye, 15.00 1 wheat, 15.50a16.00; No. 0215.00. DAIRY PRODUCTS. BALTIMORE, Md., February 2 (Spe- clal).—Live poult ‘Turkeys, De Young chickens, H 20a24; old hens, H old roosters, a: eese, 17a22 pair, 30; gul fowl, cach, Dressed poultry—Turk. 18a32; chickens, 26a30; d old roosters, 1 30a35. Eggs—Loss off native and mnearby firsts, dozen, 37; southern, 36. Butter—Creamery, good to fancy, pound 48a53; prints, 53 i mnearby creamely, 42a46; ladi 30a32; rolls, 25a30; store packed, dairy prints, 5a30; process butter, 3 CHICGAO LIVE STOCK MARKET. CHICAGO, February 2 (United States Department of Agriculture).— Hogs—Recelpts, 8,000. head; active strong to 5 higher; bulk desirable medium and heavywelght butchers, 7.15a7.20; practical top, 7. 1 pound, 25a3 capons, s, I 7.20; desirable 170 to 225 pound averages, 7.0027.10; packing sows, 6.30a6.40 welghty slaughter pigs, estimated holdover, 4,000. Cattle—Reocedpts, 1,000; compared week ago: Better grades beef steers, 25 to 30 higher; others and fat she stock, steady to 25 up: extreme top long yearlings and bigweight steers, 11.25. Week's bulk prices: Beef steers, 8.00210.00; stockers and feed- 5.26a8. fat cows and heifers, canners and_cutters, 758 .40; vealers, 11.25a12.50. Sheep—Receipts, 5,000; mostly di- rect to packers; generally steady good and choice fat wooled lambs, 5a14.25; prime desirable 6.50a6.00; # (.3, GROSS DEBT CUT 88850246 INow Totals $21,842,612,- 128, Says Treasury Report, Made Public Today. The total gross debt of the Unitea States was pared $888,550,246 during the year ended January 31, 1924, and now stands at $21,842.612,125.65, tho ‘Treasury Department announced thls morning. On December 31, last, gros: outstanding obligations aggregated $21,914,067,407, and on August 1919, when the war debt was at fits peak it amounted to $26,596,701,645. The indebtedness on Junuary 51 1924, includes unmatured Treasury loan and tax certificates amounting to $920,224,600. To meet this obligation, the govern ment, on ¢hat date, had a net balance in_the genmeral fund totaling $240 935,448. Government _bonds constitute ap proximately 75 per cent, or $16,232.- 511,440 of the country’s indebtedness Treasury notes (from one to fivc years' maturity) come next with $4, 046,398,000, with certificates amour ing to $920,224,000 third. War savin securities, amounting to 3378,128.417, matured debt on $26,608,960, on whicli interest has ceased, and non-intereet bearing debt of $238,741,310, round out the balance of United States ol- ligations. Failares Show Increase. Ingolvencles during the opening month of the year are naturally more numerous than in any of the late months of last year, and the indeb: edness contlnues very heav R. G. Dun & Co. reports cantile defaults in ing $51,272,608, as ,108 me: January, involv r of large failures, pi ticularly tho nufacturing di vision, continues to swell the total o labilities in Janua did 1 most of the months d & latte: part of 1922 , as it uring th ‘There 18 a total of 439 fallures the United States this week, and thi compared with 458 last week, 530 t weeks ago and 437 failures in the corresponding week of 1923 Failure were more numerous in the east tha: last week or u year ago, und u slight increase in number is shown in the uth, west and the Pacific coas states In comparison with last weel but the increase is not lurge. 67 TAKEN IN RAIDS AIDED BY KU KLUX Large Quantities of Alleged Liquor Seized in Illinois County. By the Associsted Press. JOHNSTON CITY, Ili, February = —Liquor ralds in- Willlamson county were resumed last night, when S. Glenn Young, aided by members of the Ku Klux Klan, made sixty-sever arrests and confiscated large quan- tities of alleged illicit liqu arrests were. made un rants issued by C. S. C: the peace of Herrin, 1ills we reported discovered and destroyec r-seven barrels of wine, fifty- four gallons of whisky and In than 1,300 gallons of beer. ; ids night were maic simultaneously by sroups of cltizen: distributed in various parts of ti county, with orders to commence ac- tivities at 9:30 o'clock. On January 8 three companfes of the Ilinol state militia were stationed in Herri and Marion after a series of rafd made_without the knowledge of tii sheriff. They were withdrawn af! whbout ten days. GOVERNMENT WINS TEST ON FRENCH TAX BUDGET 168 Majority in Chamber Follow- ing Skirmish Over Economies to Balance Extraordinary Expenses. By the Assoclated Press. PARIS, February mish between the government an the opposition in the chamber of dep uties debate on the proposed new taxes and economies to balance the cxtraordinary budget ended in vic tory for the government vesterda when it obtained a majority of 165 in a test vote. At the end of dis cusslon on revision of the war dam- ages figures, M ¢ finance in the Clemenceau cabine who has been fighting the govern- ment throughout the present debate, —The first i |offered an amendment providing that prie ling _wethers, wethers, 6.75a8.75; fat ewes, 7.5028.50; feeding lambs, 13.00213.50. TODAY’S CHICAGO PRICES. CHICAGO, February 2.—Buying in ®{which a house with forelgn and 101732 1017182 100 11-16 100 13-16 SHORT-TERM SECURITIES. (Quotations furnished by Bedmond & Co.) Aluminum Co. of Amer. Ts 1925, 102: Aluminum Co, of Amer. 7s 1933. 106 can Cotton Oil 6s 1924... 100 Canadian_Northern b! Central Leather a il Oni., B. 1. & Pacific 5! e r 'l‘! & g gfi; Ofl H::f P-“;gfi.' 1928, 3 Humble 01 Bin 1062, . Three per | 8l Line g‘;‘u‘: B. B. 7s 1930. B O : _ ‘l{’;lfi:‘ ‘ank Car 7s 1080, SR b ADVERTISING SOLD ON TELEGRAPH BLANKS French Government Neglects No Possible Source of Revenue. By the Assoclated Press. PARIS, February 2.—Determined that no possible source of revenus shall remain untapped, the govern- ment is selling advertising space on telegraph blanks. Receivers of mes- sages now find the text bordered with eulogies of a-famous soap, while on the back is & “coupon for a trial ride’ in an automobile of & particular make, - southwestern’ connections took _the lead, gave new strength to the wheat market_today during the early deal- ings. Many traders, however, were acting on the assumption that some- thing of a setback was to be looked 04 for in view of the persistent upturns |{. of late. On the other hand, it was contended that the condition of win- ter wheat, as officially reported in December had since been lowered to |2 a material extent. Opening prices, which varied from unchanged figures to 3% lower; May, 1.11% to 1.1133 and July, 1.10%’ to 11034, were followed by an -advance all around to well above yesterday's finish. Corn and oats sympathized with the wheat advance. Houses with country connections were buyers, and it was said that the break up of roads was interferring with rural deliveries. After opening unchanged to oft, May, 803 to 803%, the corn market underwent a little further sag and then scored general galns. Oats started unchanged to 1 lower, May, 49% to 49%, and later turned upgrade. Proylsions were easler, higher quotations on hogs. COURT PICKED TO PROBE WRECKING OF TACOMA Rear Admiral Williams Heads Board of Inquiry Into Disaster Of Vera Cruz. By thie Associated Press. TON, 8. C., February 2.— Rear Admiral George W. Willlams, commandant of the sixth naval d trict, and the Charleston navy yard, will ‘be president of the court of in- quiry which convenes next Wednes- day morning to {nvestigate the wrecking of the U. S. §. Tacoma, off Vera Cruz. Additional members of the court are Capt. Paul Folley, cap- tain of the yard; Commander Arthur K. Atkins, ‘also of the Charleston yard, and Lieut. C. P. Cecil as judge advocate. The court will convene Wednesday morning, February 6, to talke testi- mony. It & probable that it may be in session for everal days. The surviving officers and crew of the Tacoma are due to reach Charleston on Sunday aboard the U. S. S. Prometheusy e desplte all war contracts passed since 1914 be revised at the same time actlon was taken on the budget. FOREIGN EXCHANGE. By the Associated Press. NEW YORK, February exchanges steady 2—Forei Quotations (in Unite States dollars): Great Britain, demand, 4.36%; cables, 4.36%; sixty-day bills on banks, 4.34%. France, demand, ; \éables, .0472 Italy, demand, i4; cables, .04 Belglum, de 4183 ; cables, .0419. Germany, , .00000000000023 ; cables, 023. Holland, demand, demand, .1351. Sweden, demand, 1289, e Poland, ~ demand, .00000011. slovakia, demand, .0289%. Jugoslavia. demand,’.0117. Austria, demand, .000014. Rumania, demand, .0051%6. Argentina, demand, .3312. Brazil, demand, .11§ Toklo, demand, .45%. Montreal, 97 3 SEEKS T0 DIVORCE WIFE, HIS WAR-TIME NURSE Harry Wheatley Files Suit in Ohio. Charging Incompatibility of Temperament. By the Assoclated Press. LIMA, Ohlo, February Z.—Shatter ing of a war-time romance was re- vealed here when Harry Wheatley, thirty-one, son of A. W. Wheatley, head of the Wheatley Company. brokers, with London and Paris of- fices, flled suit for divorce from Mrs. Anne A. Pearson Wheatley, formerly of_Appledore, Kent, England. The marriage of the Lima boy and the English girl in England in tho summer of 1919 resulted from an un- usual war romance. Young Wheatley joined the royal flylng' corps early in the war. While fiying over England something went wrong with Wheatley’s plane and fell into the grounds of a large e tate. He was carried Into the house and there nursed back to health, his nurse being his future wife. Incompat: bility of temperament is the gener charge In the petition, . To Spare. From the Stanford Chaparral. “Yo' ain’t got no braing “Ain't got no brains? Why, Al got brains what abn't ney used!”