Evening Star Newspaper, March 7, 1924, Page 28

FINANCIAL." e PRICES G0 HIGHER IN FINAL TRADING Leaders Quiet, But Many Other Shares Gain Ground. Woolworth Soars. BY STUART P. WEST, Bpecial Dispatch to The Star. * NEW YORK, March 7.—The main price movements in the stock mar- ket again were upward today. There were two or three notewor- thy exceptions, however. One was Tennesseo Copper, which went down on the passing of the dividend, an- nounced after Thursday's close. An- other was Coca Cola, which was ac- tively sold on a better understanding of the fact brought out in the recent earnings statement that the dividend had not been covered by a considera- ble margin during the last quarter of 1923 and that the way things are going now it seems doubtful if the full $7 distribution can be main- tained. ‘ Colorado Fuel Is Feature, Colorado Fuel and Iron was the foature in the steel group. This com- pany did not enjoy the prosperity of other steel producers during the first half of 1923. Its showing for the first three quarters of the year was poor. But in the last three months it picked up enough to be able to report a_surplus for the common stock of $1.67 a @ This company is a big rail producer and is bene- by the unusual orders now pouring in from the railroads. Its rail mills are producing at ca- pacity and its general output has fiting g largely increased. Sugars Turn Strong. Sugar stocks were strong again, but for no new reason. As a matter of fact, some transactio; raw sugar s previous sal ightly off from the last But the main thing is, as so often stated, the high prices howing confidence that whatever increase there may be for sugar futures in the 1924 production will be fully taken care of by increased consump- tion. ~ Predictions of another prosper- ous year for th id at pri We ahove was an ex the su and Cuba Ca the particular favorites and there was a revival of interest in Manati. Chain Store Stocks Jump. Buying continued at mew high prices in Associated Dry Goods, and there was another spectacular jump in Woolworth. The increase in Feb- ruary sales of the Woolworth Com pany o approxim tely 20 per cent. More attention was paid to motor accessory stocks, ceially Strom- berg and Stewart Warner. Buying of these sha me from specula- tive sources that produce: well sto parentl; of motor part ed with orders and s in for a satisfactor. Hudson Motors Moves. Missouri Pacific preferred v about the only rail to do anything making a new high above 39. R cove: Reading Coal. Hu ® ap- year. hanging around at one price level, suddenly ined a point. The regu- lation Icaders among the industrials like Steel common and Baldwin Lo- comotive did littl Martin Parry Corporation di will meet on’ April 4 for di and there is a report in the stre that they may incre disbursement _ to 75 cents to $1, the stock on a $4 annual basis, The question of the dividend on the new common and Liggett & Myers Tobac which a while ago spl holders from par value common, of interest to those who have exchanged their ori inal holding of old fc stoc Dividends of $12 a y e pald on the old common. It is exp: nekt dividend meeting per share will be vote stock, which would lent of § ba mer capitalization. 2 Wall Street Features. The street was guessing again to- day what the 1 account of the United States Rubber Company, due next Monday, would dis The consensus of opinion was that it would show inventories down ap preciably, bank loans about wher they were six months or more ago— that is, around $8,500,000—and net income, after allowing for preferred dividend requirements, of about $1.70 a share on the common. Another reflection of the unprofit- able conditions in both the fertilizer wnd copper industries was found in the action of the Tennessee Copper and Chemical directors in passing the regular quarterly cent dividend on the capital - dire tors issued a ying it was deemed advi: preserve the strong financial position of the com- pany by not declaring the dividend at this time. A The street was discllssing the like- 1ihood of new financing during the next twelve months by the Central Leather Company, which has §$24,648, 000 first lien 5 per cent bonds ma- turing in April, It was thought that an Issue of at least 5.000 000 would be floated to take care of this maturity ‘and to give the company additional working capital. Closing Trend Indefinite, The chief point to Be made about the stock market of the day was that, while it indicated a preponder- ance on the buying side, it gave no suggestion of a renewal of the main upward movement which had been checked at the beginning of Febru- ary. Evidently the analysis of Thursday's advance was correct— namely, ‘that it represented the clos- ing out of contracts by unsuccessful speculators on. the short side rather than a revival of new buying. The market through the afterncon moved within a narrow range. The more representative industrials va- ried very little, and operations either for long or short accounts appeared to have been temporarily suspended except in a few special instances. STOCKS JUMP AT CLOSE. By the Associated Press, NEW YORK, March 7.—Spectacular ances in high-priced stocks, par- ticularly the chain store issues, were ad: the outstanding developments in to- day's dull and irreguiar stock mar- ket. Standard industrials showed a littie change on the day. Sales ap- proximated 550,000 shares, The closing was_irregular. A re- newed demand for Norfolk and West- ern, which carried it to 118%, and persistent accumulation of the mer- chandising issues featured the late dealings. ‘WEEKLY COTTON REPORT. LIVERPOOL, March 7.—Weekly cot- ton statistics: Total forwarded to mills, 59,000 bales, 32,000 American; stock, 751,000 bales, American, 481,- 000; imports, 88,000 bales; American, 30,000 bales; exports, 6,000 bales; American, 5,000 bales. TODAY’S WOOL TRADING. BOSTON, March 7 (Special).—To- day’'s moderate business in the Sum- mer Street Wool Market was confined largely to clothing wools. Woolen manufacturers appear to be booking more business than worsted mills, but dealers preficted the demand for | finer wools would improve snortly. Prices remain about stationary, with buyers in some cases holding out for | Mack Trucks (6) BT 87: 56% &7 « difference @f @s little as a cent a pound, were reported in producing companies have a solid basis in the fact that al- ready quite a part of the new crop has those of last yvear was d on reports are y_continued in Philadelphia and son Motors, long tors dends t > the quarterly v _placing the stocks of Goodyear pf. NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office AdvRumopf (3). 34% 384% 84% 3% Macy RH&Co.. 621 62% 62% 62% IN FRENBH BUNDS Open, High. Low. Close. Open. High. Tow., Close, |WEAKNESS NOTED Alr Reduct (4). :’l: ‘lg 78 78 |Mallinson & Co... 24% 24% 24% 24% 69 Ajax Rubber. Alaska Juneau All AmCab (6).. 98 98 98 98 |ManEISup(4).. 39 39 Allled Chem (4). 68% 69 68% 69 | slanElemdgtd. 38 AIC&Dpf (7).. 112 112 112 112 | ManhatShirt (3) 38% 38% 38% Allls-Chalm (4). 45% 46 45% 46 'Maracalbo Ol Am AgriChem... 11% 12 11% 12 |MarketStRy.... 8% 8% 8% Am Agri Chempt 84% ,84% 32% 34% | MarketStRypf. 23 23 23 8 8 -| Manati Sug (5).. 66 66 69 28 Am Beet Sugar.. 42 2% 42 42 | Market SR 2d pf. 17 17 16% 16% 84% 385% 84% 384% | MSRprpf (6).. 51% b51% 60 50% s % 12% % Mart-Parry (3).. 8% B4% 34% 34% Am Bosch, Am Can t6 117% 117% 116% 117% | Marland Of1 Am Can pf (7). .. 113% 118% 118% 113% | Marlin-Rocl AmDrugSynd... 5% 6% 4% 4% Am.&F.P.25%pd 94% 94% 94% 94% AmForPfpd... 93 93 93 93 AmHide& Lpt.. 57% b7% b6% BG4 AmTece (7)..... 921 98% 924 93% AmInternatl.,. 22} 22% 22% 22% Am Locomo (6). 76% 75% 75% 75% Am Metal (3)... 43% 48% 43% 48% Mathieson Alkall 34% 34% 84 384 Maxwell Mot A... 521 Moxwe Mot A 52% 63 b2% 63 May Dpt St (5) Mex Seaboard. 0% 91 90 90 Middle 8t Ol 4% 5 4% & Am Radiator (4) 100% 100% 100% 100% | Minn & St Louls. 2% 2% 2% 24 Am Roll M pf 7). 103% 103% 103% 103% AmSafR (50c). Tx. Th Th Tk AmShip & Com.. 13% 13% 18% 13% AmSm& Re (5) 60% 60% 60% 60% Am StI Fdys (3). 884 38% 38 38 Am Sugar...... G58% b68% b57% b67% Am Sugarpf (1) 97% 9T% 97% 97% Xin Sumat Tob. 21% 21% 20% 20% Am T & Tel (9). MStP&SSMpt 4 6. Mis Kan & Tex. . - - o Mis K & Tex pt. Missour! Pacifle. Missourl Pacpf.. %% 391 38% 39 Moon Mot (3). 130 1304 130 1304 | Am Tobac (12 150% 150% 160% 150% | Nag prict (18% Am Tob B (12).. 145% 146% 146% 146% AmW Wor (4. 6T% 6T% 6T% 67% Am Whol pf (7). 99 29 99 99 1 rl\vnBlm‘lllt (3).) Tt i e S NatCI& Spf (7) 95% 95% 95 95 Nat Dairy Prod., 84% 35 34% 35 Nat Dept Stores. 40l 40% 40 40 Am Woolen (7). 5% 176 75% 6% Am Wool pf (7). 101% 101% 101% 101% fit{g‘_fifgi~ 38%- 334 Anaconda. . 34 3a% 344 34% [ Noy Lol () 1401 142 Arn Cons & Co 9% 9% 8% 8% 68 68 Nev Cons Con. NOrT&M(7).. 100% 101 100 101 NYCanners (2) 27 271 27 27 AssoDry G (5).. 97 99 6% 99 AsDG 2dpf (7). 94 94 94 94 Asso Ol (1%)... 32% 32% 52 32 AtT&SFe (6).. 99% 99% 99% 994 AT&SFpf (5). 8T% 87, 7% 8T% ATCoastL (7)... 115 115 115 115 Atlantic Fruit... % 1% 1% AtlFruitetfs... 1% 1% 1% 1% AtGuif& Wipt. 17 17 17 17 Atlantic Ref (4). 125% 125% 126% 125% Atlas Powd (4).. 52 Atl Powd pf (6) NYOnt & West.. 17 17 17 17 Norf & W (18) NorthAmpf(3) 45 45 45 45 Atlas Tack 8% 84 8% 8% Ontario Mining... 6% Auto Knitter. 5% G% 8% 5| Onvx Hospf (7). 88 Bald Loco (7) 124 124% 123 1243% | Orpheum (13) 20 Hal& Ohlo (5)... B6% B6% G6% 66 | Orpheumpf (5).. 92 1& Oh pf (4).. b8 BBl 68% 68% ni‘&s‘éé’.‘“"" l.l\:;/: rnedall A..... 17 17 17 17 . uk Cigar 1% b5l 51l bl | Owens Bot (3) i dau Beth Steel (5) B7% b57% 6% 57 |OwensBpf (T) 111% Beth St pf (1) Pacific Const. oo &% ®en an @ aR o : & Rooth Fisheries. 5% 5% 6% 6% | PacCoast 1st pf a6 Boone W Mills.. 81% 311 303 31%|PacG&E(8). 94% Br'k Edison (8). 110% 110% 110% 118% | Pacific Ol (2) . 52% Brk-Man Tran... 16% 167 16% 15% | Packard (1.20) 1% Brk-ManTrpf.. 6% b7% 57 57 | Packardpf (7).. 928 Brown Shoe (4). 48 48 47% 47% | Pan Amer (8)... 9% Burns Br (10) ... B Pan Amer B (5). 46% Burns Br B (2).. Parish & Bing. 14% Burns Brpf (7). Penn Rallr'a (3) 43% RButterick Co. . ... Penn Seab Steel. o3, But C&Z (500) .. Tere Marq (4) o Butte & Supericr. Phila Co (4). it Cal Pet (1%). 25 24% 24% L’Q'I'xfi ‘éo pf (3) 43% Callahan Z Lead. A o a AR&IwL 39% Can Pacific (10). Dlerce-Arrow 10 Canada So (5) .. lerce OMl. . - 2% Chse Thre'g pf. - Pierce Ol pf. 24 Cent Leather Co. Thil Mor (50c) 19% Cent Lea Co pf Phillips Pet (2) . 39% CRRNJ (13 itts FW&C (7). 139 Cer de Pas C “) itts Util pf 95c. . 123 Hand Mof Pitts Ut pf of 95¢. 12% Chand Mot (6).. SR 124 Ches & Ohio (4). 13 & West Va. 2 Chicago & Alton, P&W Vapf (6). 88 Chic & East Il Porto Ric Tob. . 70 o W Postum Cer (4). 2% Chic Gt West p! Ch Mil & St Paul Ch Mil & St P pt. Chi & Nwn (4).. Ch & Nwn pf (7) Ch Pneu T (5) Chiz R1& Pac CRI&PDL(6). Chile Cop (2%). Chino Copper.. Cluett, Peab ( Coca-Cola (7). .. Coca-Cola pf (7) Coio Fuel & Iron. Col Carbon (4) ... Com Solv A (4).. Com Solv B (4) Congoieum (3) Conso! Gas (5) .. Consol Textile. .. Cont Can (4)... Cont Motors Corn PrR (19). Corn Pr Rnw wi. Corn Pr R pt (7) Cosden Cu P um pf (8) Press St1 C (4)... Prod & Refiners. Pub Ser N J (4). Pub S NJ pf (8) . Puliman Co (8) .. Punta Al Su (5). Pure Ofl (1%) Ray Cons Cop Reading (4). Reading rts.... Rem T 1st pf (7) Replogle Steel. Rep Ir & Steel., Rep I & S pf Rey Tob B (3) Rey Tob pf (7) ... Roy D'tch (3.48) St Jos Lead (12) St L San Fran. St L-San Frpt. .. St L Sothwest. St L S'th pt (5) Santa Cecilia. sSchulte (§8) . £l & o o g b Am Sag (3 Seaboard Alr L... Cuban Cane Sus. eab’d Alr L pf. Cub Catie Su pt. . ears Koe & Co Cub Dom Sugar. cars Roe pf (7 hattuck-Ariz. hell Un Ofl (1).. immons Co (1) . Cuyamel Fr (4) .. Davidson Chem. . Del & Hud (9) Simms Pet... Del L& W (6).. Sinc Con Ofl (2). Det Ed Co (8) Kolly Ol Durtde N (8).. ElSt Bat (15%) Eaton Ax (2.60). End-Jorn (5) .. d-John pf (7). Sloss-She - So P Kico Su (6) South Pac (6)... Southern Ry..... 49% 49% 48% 493 SouthRypf (5).. 72 72 72 72 Spicer MIg. ...~ 14% 14% 14% 14% ] Stoircal )< 3 2% StONNJ (1) 384 :"‘dm:]u;. ;‘p(t!()f)' Sterl Pr (15%) ... 974 % 59% Fifth Av B (64c) Fisk Rubber..... Fisk Rub pfA. . Foundation (6) . StrCar (19%)... 79% 80k 79% 80y Studebaker (10). 102% 102% 101% 101% Superior Oil. ..... 1 35 pan| [FEEcBoi( Texas, Superior Steei . 34 34 34" 53" Gen dopten TennC&Ch(1). 8 8 75 18 Texas Co (8).. Gen Asph pf (5 2% a2 2 @ Gen Cigar (8) Gen Elec (8). Gen El spe (60¢) Gen Mot (1.20). Gen Mot db (€) Gen Mot db (7 Gen Refr (4). Gimbei Bros Ginbel Br pf (7) 100% 100% 100% 1007» | Transcont Ofl Gilidden Co. . 2 i 12 Goldwyn Pict. Goodrich pf (7) *Tex Pac Lt Tr. 315 315 315 | Texas & Pacific.. 26% 26% 26 26% 100 100 Tob Prod (8) 65 65% 64% 65% 100180 "% %0 |Tobrroaa (iy. sou 89w 8o sor 50% 31% 50% bl |TobProdpf (7). 118 118 118 118 - 10 10 | UnPacific (10).. 129 129 129 (29 5% 5% | Un Pacpf (4)... 71 7 71 ket 42% 42% | Un Tank Car (5) 98% 98% 98 98 ©6% 663 | United Drug (6). 77 7 17 77 29% 29%| Utd Fruit (10)...191 191 191 191 9% | Utd Ry Invest. 3t North pf (5). Gr Nor Ore (3)... Guantan Sugar... Guif Mo & Nor. Gulf st Stl (3).. Hartman Co (4). Hayes Wh'l (3). Homestake (6).. Housen'd Pr (3). Houston Oil. . Hud Mot C (3). Hupn Mot € (1), Hydraulic Steel.. Indep Oil (25¢). Indiahoma Ref.. Indian Refining, Inland Stl (2%). Inignd Sti pt (7) 82 824 USCIP (2) 40% U SCIP pf (7) 4% d6m| US Hoft Mach 50 50 |US Ind Alcohol 83% 883 | USR&Im (8) 71% 71% | USR& 1Dt (7) 27% 8 | US Rubber.. 16% 16%|USR1stpf (8).. 85% 85% 85 85 % 7| US Smelting. ... 22" 22 22 U S Steel (16% 777 76 76% D% T1% 6% 16 D101 102 101" 103" 103% 103 | VanadiumCorp.. 31 81 381 31 Inspiration Cop. 24% 24% 24% 247 | Va-CaroChem... 2% 2% 23 23! Interb Rap Tr... 19% 19% 18l 18y |Va-CaroChpf... 8% Internat Agnew. 3% 3% 3% 3% |V Vivaudou {2).. 10% IntBusMa (8).. 94% 94% 94 94 |Wabash.. IntCement (4).. 43% 43% 43% 431 | Wabashpf A. 10 10 . 43% 44% 43% 44 Int Com Eng (2) ~24% 24% 24 24 |Web&Heilb (1). 184 18% 184 18y Int Mer Mar pf... - 30% 30% 30% 30%; WestMary2dpf.,;18 18 18 18 Internat Nickel. 13 Internat Paper.. 38% 388% 38% 38% | West Pacpf (6). 61 61 61 61 Int Shoe (4).... 78 78 Int Shoe pt (8) IntT & T (6). Invincible Ofl.... 14% 14% 14% 14% | W E 1st pf (4) Iron Prod (1%). 48% 48% 484 48% | Wheel & L Erie. . Jewel Tea. Jewel Tea pf. Jones Bros Tea. Kan City South. Klll]s%r?lrl Kel Sp T of (8) KeoneCop (3).” 86 36w 30w 04 Tl Overns nney 0.. B9% B59% 59 69 3 KresgeSS (8)... 811 314 311 314 | Woolmeny (.- 30k 321 ally 2 LaciedeGas (7). 89% 94 8§9% 94 |W'thPpfB (6). Lec Rub& Tire.. 18% 18% 13% 13y Wrig WJr (3) 90 91 90 91 |WhEagOll (2).. 26% '26% 26 26 2% 20% 214 2U%| White Mot (4)... 68 18% 18% 18% 18% | wiciow = 2 as o2 Wilson & Co. 87% 37h 374 Leh Val (3%). 69% 69% 69% 69% | Youngst S&T (5) g’m 6T% 67 :'1!“ Leh Val right: 82 32w 32 82% Partly extra. §Payable in preferred stock. Lig& My (new). 50% 50% 50% 50% | p). iven n' the, Above "tepes nual cash payments based on the 26% 25% 25 25 |latest quarlerly or haif-yearly declarations Lig & My pf (7). 116% 116% 116% 1163 | Unless otherwise noted, .exara or speciai Dividend rates Lig & My B(new) 50%4 50% b Lig & My rt: fadi ,mu}ocu((;)), €5% 66 65% 65y | dividends are mot included. Loews Inc 17% 17% 17% 17% High. Low. Loose-Wiles Bis. 50% G534 b50% b53i 5 < Las. Loriiard (new).. 38% 38% 38% 8w CATE Momey. oo e LudlumSu (2).. 22% 224 22% 224] NW“I-IV“G;;BEIlOF STOCKS, McCror Cpf (7). 100% 100% 100 100 | 113 1pm. Melntgre (1).... 16% 16% 16% 16% |12 ™+e-+--270 600 Zpm. s E Mack T 2d (7). potatoes is now in pse. 1% 1% 1% 1%!ManatiSupf (7) 86% 86% 86% B86% 81% 81% 381% 31% 8% 14% 4% 14% 14% 20% 21% 20% 2% Mex Seaboaract. 1ow 301 195 0% 1% 1% 11% 11% 81% 31% 31% 31% 12% 12% 124 12% Monteom Ward.. 27% 27% 27% 27% . 25% 26% 25% 25% Mother Lode (1) 8% 8% 8% Bz, b1% b61% 51% b1% 13% 13% 13% 13% {?,}’ge;tr-dl (7). 101% 101% 101% 101% N ¥ C-Readg rts. 3 3 NYCESIL (). Tom on 7o ,f,/flx«rem:n francs are at their record low NY NH & Hart.. 20 20 19% 19% 117% 118% 116% 118% North Amer (2). 234 23% 23 23% North Pac (5)... 52 52 G6l% 524 Stew't War (10) 90 1% 89% 90% Submarine Boat.. + 8% 8% 8% 81, 4 Tex Gulf S(634). 61% 61% 61% 61% Tex&PacC&0. 11% 11% 11 11% Timken (3%)... 39 39% 88% 38% % A% 4% 4y 12% | Underwood (3).. 40 40 39% 393 9 . 8% 8% 8k g 1'3‘/9 18% | Utd Ry Invest pf. 30% 30% 29% 293 87% 87% 87% 87% 19% 19% 19% 19y 103% 103% 103% 1081 84 34% 34 34y 104 103% 103 T T%| USSteelpt (7). 119 119% 119 iyon é é Utah Copper (4) 67 67% 66% 663 !in the dark, and hundreds of per- 36 gg |UtahSecurities.. 23% 235 23y 23y {sons are polsoned every vear by tak- . 14% 14% 14% 14% 13% | Western Pacific.. 16% 17% 16% 17% 78~ 78 | West Un Tel (7). 109% 109% 109% 109% 116% 116% 116% 116% | West Air Br (6). 941 94% 943 s4ie 68% 68% 68% 681 |WestE&M (4). 621 6214 6214 6214 Intertype (11%). 32 321 32 324 | WestE&Mrts.. 13§ 1% 1% 13 ~ 75 75 4% 744 8% 8% 8% gy 21 21% 21 215 |Wheel & LErpf.. 18% 18% 18% 1s% 3 Dot 1 17w 17 22% - M 62i 62w Gau|wuroOvorard R 2% 1% b 38% 38% 361 Ben 65% 654 65% 66k - 341.000 + 404 900 88 88 8T% 87%] A machine that digs, sorts and sacks A 332 Collapse in Francs Finally Starts Break—St. Paul Issues Very Active. ‘BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, March 7.—Weakness in French bonds and more rapid fluctuations and heavy dealings in Chicago, Milwaukee and St. Paul Junior securities were the features of today’s market. The general invest- ment list had a better tone than it had shown in a week. The collapse in French francs finally had an effect upon French dollar bonds. Up to today the market for the bonds manifested remarkable in- difference to the drop in exchanges. At the opening today, however, French republic §s and 7%s dropped a point abruptly under fairly heavy offerings. Support Later Appears. At _the decline support appeared, whether from investors or from the sinking fund was not evident. It is noteworthy that the quotation for the bonds even at today's loss is still far above the low of the yeat reached the middle of January. On the other hand, for ail time. Fhench cities 6s and the Paris, Lyons and Mediterranean G6s were heavy in sympathy. Depart- ment of Seine 73 were likewise lower. Elsewhere In the foreign list except for some weakness in United Kingdom 5%s of 1937 prices were steady. Fin- land 6s were unusually active. Desplite the denial that any imme- diata, action was contemplated rela- tive to the funding of the St. Paul 4s of 1925, speculative activity in this issue continued at a high level. A new high point on this move- ment was recorded, but profit taking just about balanced new buying. 261 | Somewhat better prices were made | by the other St. Paul securities. Mis- souri Pacific bonds, both the 6s and the general 4s, were strong again, with new highs for the year. United States Lonns Slightly Higher. In the investment list active buying continued of all desirable short-term securities. Some of the longer term high-grade rails also_were in de- | mand. All the United States govern- ment loans went a little higher, not- withstanding uncertainty as to the tax and the bonus outlook at Wash- ington. Changes In the industrial list were not large. Some of the sugar bonds went a trifle lower. Heaviness per- sisted in American Agricultural 7 ks, In tractions Chicago Railway bs were stronger. Several pieces of mnew rallroad financing were -reported under con- sidgration, but for the most part large offering are being held back pending market developments. LIVE ALBINO CROW FORMS RARE CATCH A pure white albino crow, belfeved to be the only specimen ever to be captured alive, was found recently by Joseph Cummings, of No. 4632 York street, Denver, a student at the Man- ual Training High School, says the New York World. The lad displayed his remarkable find to Charles "Bowman Hutchins, naturalist, of Mill Valley, Calif., when Mr. Hutchins delivered a_lecture be- fore the students of the high school. Mr. Hutchins said young Cummings came to him after the lecture and told of the bird he had caught while on a mountain trip the day before. Mr. Hutchins went to the boy's home and saw the bird. believe this is the only pure white chow in existence, so far as scientists have ever been able to dis- cover,” Mr. Hutchins is quoted. “It has been known that such a bird ex- iSted, because a few have been found dead and now are in museums in the east. The bird is pure white and in perfect health. It has not a colored or black feather on it. It even has albino eye: His Idea of an Oratorio. From the M al Record. An English sailor, who had been in a concert hall, was descanting upon an oratorio which had given him great pleasure: A listening shipmate asked: *“I say, Bill, what's a horatorio?" “What!” exclaimed Bill. “Do you mean to say you don’t know what a horatorio is?" | Not me.” ‘ell, then, I'll teil you. If I was to say to you, ‘'Ere, Bill, give me that ‘andspike,’ that wouldn't be a hora- torio. But if I was to say, ‘Bill, Bill, Bill, give, give me that—BIll, Bill, give me, give me that and—give me that ‘'and, ‘'andsplke, spike, spike— Bill, give me that, that 'and, ‘and- spike, 'and, 'andspike, 'and, 'andspike, spike, spike, spike—Bill, givemethat 'andspike’ — why that would be a horatorio.’ % A Logical Mind. From the Youth's Compagion. A gentleman who was a member of one of the artistocratic London clubs had his umbrella taken from the rack by some other member. Naturally, he was offended, and promptly affixed this notice to the club bulletin board: “The nobleman who took away an umbrella not his own on February 20 will please have the goodness to re- turn it to the rack.” The house commiittee did not like the form of the notice and had the member before it. ’ “Why should you supp man took your umbrella mittee asked him. ‘Well,” replied the aggrieved mem- ber, “the constitution of the club says that the members must be noblemen or gentlemen, and he was no gentle- | man who took my umbrella.” i o e Sandpaper as Poison Label. Poison bottles and bottles of harm- less medicine feel the same to fingers a noble- the com- |ing the contents of the wrong bottle, says Popular Science Monthly. As a precaution against any possible lgz: 8% 84 | mistakes, paste a strip of sandpaper on the poison bottles. N. Y. Stock and Bond Averages. Thursday, March 6. STOCKS. Total stock sales, 792,000 shares. g ~ Twenty industrials averag 98.73; net gain, .76. . High, 1924, 101.24; low, 94.88. Twenty railroads averaged $3.99; net gain, .37. . High, 1924, 85.90; low, 82.74. ' BONDS. Total bond sales (par value), $11,483,000. Ten first grade rails averaged 85.56; net gain, .06. | Ten secondary ralls averaged 83.78; net gain, .28. Ten public utilities averaged “86.86; net gain, .01 Ten industrials averaged 93.60; net loss, .07. Combined average, 87.47; net gain, .09. 3 Combined average month ago, $8.03; year ago, 87.28. - C, FRIDAY, MARCH 7, 1924 BONDS o sz Received by Private Wire Direct to The Star Office. A l ON NEW YORK (Sares are in $1.000.) UNITED STATES BONDS. thirty - seconds. 98-3 means 98 3-32.) Aichison gen 4s Atchison adj 4s. Atlantic C L 1st AtlanticC Lcl 4; B&Oprin3ys, B&Ogold 4s {B&O cv 4%s. 100-1 |B&OPLE&WY 4s. B &0 SW div 3%s. B & O Toledo 4s. .. Bklyn-Manhat 6s. 418 Bklyn R T 7821, BkIRT 78’21 ct st Canadian North 7s Canad North 6%s. Canad Pac deb 4 Car Clinch & O §s. Central Pacific 4s. Ches & Ohio cy 5s. Ches & Ocv 4%s.. Chi & Alton 3%s. . Chi B&Q 1st rf 6s. Chi & E Il gn 6s Chi Great West C M & Puget Sd 4s. ChiM&StPre4t 14 ChiM & St P cv 5s. 55 Chi M & St P 45 '25.620 Chi M&ES P cv 4%s. 89 CM&StPdb4s ChiM & St P 6s Chi & N'W 7s. . 181 928 Lib4th 4%s.. 576 991 US4%s1952. 109 100-1 Argentine 7s. Belgium 7%s. Canada 5%s 1929.. 19 Canada 6s 1931 Canada 5s 1952 Chile 85 1926. Chile 85 1941 Chile 75 1943 Chinese Gov Ry 53 Christiania 8s. ... Copenhagen 5%s. . Czechoslovakia 8s Chi RI&Pgn is. 94% |ChI R 1 & Pac rt 4s 88% |Chi TH & SE 5s... Chi-Un Sta 43%s Chi Un Sta 6%s. Chi & W Ind cn Chi & W Ind 7%s. Cleve Term 68 Colo & Sou 4% Denmark 8s. Denmark 6s. Dutch E15%s Dutch Eas. I 6s'47. Dutch East I 6s°62. Framerican 7%, French Govt 8s French Govt 7% Japanese 1st 4%s. 8i Japanese 4s Japanese 6328 w 1. Jergens U M 6s '47 CubaRR bs. Del & Hd 1st rf 4s. Del & Hudson 534s. Den & Rio G cn 4s. D&RGstrf 5s. Det United 4%s Erle 1st con 45 Erie con ext 7s. Erie gen 4s. . Erle conv 4s B Erfeconv4sD.... Gr Trunk sf db Gs. Gr North gen 7s Gr North gen5 %, Hud & Man ref 5s. Hud & Man aj 5s.. 11l Cent ref 58 '55. . 11l Central 63%s. Int Rap Lran bs. Int Rap Tr 68 stpd. Int Rap Trans 6s.. Int Rap Tran 7s Int & G Nor aj 6 Int & G Nor 1st 68 Iowa Cent 1st 5s. Kan City Ft § Kansas City S 3s.. Kan City Term 4s. Lake Shore 4s'28. Lake Shore 4s'31 Lehigh Valley 6s. Louls & N uni 4s. Louis & Nash Louis & Nash 5%s. Louis & N 58 2003. . Manhat Ry cn 4s.. Market St cn bs. . Mil El Ry & L 53. M& St L 1st ref 4s. & SSM cn 4s. Norway 8s. . Norway 6s 1943. Norway 6s 1952. .. Orient Dev deb 6s. Paris-Ly's-Med 6s. Prague 74%s.. Queensland 7 Queensland 6s Rio de Jan 8s 1946, Rio de Jan 8s1947. Pio Gr Do Sul 8s.. Sao Paulo City 8s. Seine Dept of 7s... Serbs Crotes Slo 85 Sweden 6s. .. Swiss Confed 8s. Tokio 5s. ... 5 Ud Kingm 5%s8'29 15 Ud Kingm 5%s '37 316 Ud Steam Copen 6s 15 MISCELLANEOUS, Am Agr Chem 7%s 87 Am Chain s f 6s'33. Am SmIt&R 14t bs. Am SmIt&R 6s.... Am Sug ref 6s. . AmT&T cv 6s. AmT&Tcltrbs.. AmT&Teltrds.. AmT & T deb 5%s Anacondacvdb7s Anaconda 1st 6s. .. Armour & Co 4%s. Armour of Del 5% Associated Ofl 6s. . Atlantic Refin 5s. . Barnsdallsf8s... BeldTel Pa 5s. . Beth Steel 5% Beth Steel rf 5s. Beth Steel pm §s. . Beth Steel s f 6s Brier HSt1st 5% Bush T Bldg 5s'60. Calif Pete 614s.... Central Leather 58 Chile Copper 6: CinG&ES5% . Commonwth P 6s.. Con Coal Md 1st 5s Cuban-Am Sug 8s. Cuba Cane cvd 8s. Cuba Cane cv 7s ‘30 Dery (D G) 7s. Det Edison ref 6s. Donner Steel 7s. Du Pont de N 7%s. Duquesne Light 6s Est Cuba Sug 7%s. Empire G&F 75%s. Fisk Rubber 8s.... Gen Elec deb 5s. .. Gen Refractres 68. Goodrich 6% Goodyear 8s Goodyear 8s 1941. . Hershey 6s 1942 Humble O&R 5%s. Illinois Bell 1st 58 Indiana Steel 5s Int Mer Marine 6s. Int Paper 1st 58 A. KCP&Lt5sAS2. Kayser (J) 7s. Kelly-Spring 8! Lackawa S b3 '50. . Liggett & Myrs 7s. Lorillard (P) 5s Lorillard (P) 7 Magma Cop cv 78. Manati Sug sf 7% Marland Ofl 7%s. . Marland Oil 8s 31, Mexican Petrol 8s Midvale Steel Gs Montana Power bs Morris&Co 1st 4%s Nat Tube 1st 5s... New Eng Tel 68 N Y Edsn 1st 6%s. NYG EL H&P 4s... N Y Tel 6541, N Y Tel 6s'49. NY Tel 4%s.. N Am Edison 6 Nor States Pow 5s. Nor States Pow 6s. Northwst B Tel 7s. Otis Steel 7%s. ... Pacific Gas & El158 PacificT & T b8 '52 Pan-Am Pete 7s. .. Phil & Rdg C&1 5s. Phila Co 6%s'38 Phila Coref Gs A.. Plerce-Arrow 83 Producers & Rt Public Service b Pub Ser Elec 6s wi. Punta Alegre 7s... Saks & Cos f T Sharon St1 H 8 Sinclair Oll 78 Sinclair Oil 6%8 Sin Crude Oll 6%s Sin Crude Oll 68 Sin Pipe Line 5s. .. South Bell Tel b So Por Rico Sug 78 Southwest Bell 6s. Sug Est Orient 7s, Tenn Elec Pow 6s. Tide Wat Ol 63s. Toledo Edn 1st 7. Unit Drug cv 8s. USRub lstrfbs.. U S Rubber 7%s MK&TEsC MK & T adj 5s. Mo Pacific 6s. Mo Pacific 5s *65. Mo Pacific gn 4s Montrl Tm 1st 5s. New Or Term 4s. ¥ Cen deb 63 N Y Cen deb 4s. NYCenribs..... N Y Cent cn 4s'98. Y CenLScl 3%s. ew Haven c d 6; ew Haven d 45 New Haven 7s New Haven 7s fr.. New York Ry rf 4s. N Y State Ry 414s. NYW & Bos4%s.. Norfolk & W cn 4s. Norfolk & W cv 63.157 Northern Pac 38 | Northern Pac 4s Northrn Pacr i 6s Northern Pac 5s D. Ore-Short Liref 4s. Ore-Wash 1strt 4s Pennsyl gen bs. Pennsyl gen 4%s Pennsyl 6%s.... Pennsyl gold 7s... Pere Marq 1st & Reading gen 45.... Reading gn 4%swi Rio G Westcl 4s... RIArk & L4%s... St L IM&S R&G 4s. StLIM&S 4s'29... StL&SFpldsA StL&SFprinbs. StL&SFinc és StL&SFadjes.. StL&SFpl6sC.. StL'S W con 4s°32 StP & KCShL 4%s. Seabd A Li4ssta. Seab'd A Liref 4 Seab’d A L adj 5s. Seab'd A Licon 6s. . Sou Pacific 4s 1929. Sou Pacific ref 4s. Sou Pacific clt 4 Southern Ry 1st 6s. Southern Ry gn 4: Southern Ry 6%s. Southern Ry 68 ct. Third Ave ref 4s. Third Ave adj 5s. Union Pac 1st 4s. Union Pac 1st rf 43 Unlon Pacific cv 6s Union Pac 1st rf 6s Virginia Ry 1st 6s. VaRy & P 1st 5a... ‘Wabash 1st 6s. Wabash 2d 58 ‘Western Md 4s.. Western Pacific 58. 15 West Shore 1st 4s. Whel &LETf 4%s 2 ‘Wisconsin Cent 4s. TOTAL SALES (Par Value): 1:am..3059000 12noon 6116000 1 p.m..8 264000 PENNSY PUSHES PLANS FOR N. & W. R. R. LEASE By the Associated Press. NEW YORK, March 7.—Negotiations for the leasing of the Norfolk and tern to the Pennsylvania will Degin within a. week, it was reported today. Committees will be appointed by both roads to consider terms, which may_include declaration of a 16 per cent common stock dividend by Norfolk and Western with a guarantee by the Pennsylvania of 7 per cent annual dividends on the in- Creased number of shares. PARIS BOURSE STEADY. PARIS, March 7.—Prices were firm and trading was active on the bourse today. Three per cent rentes, 55 francs fim“;?tnfii'“fiv: T orcant loan, | dlan were re-elected by the stock- 66 francs 90 centimes. The dollar was quoted at 26 francs 26 centimes. TOBACCO DIVIDEND. WINSTON-SALEM, N. C., March 7.— Quarterly dividends of $1.75 a share for preferred and 75 cents a share for on stock was declared at a teeting of the directors of the K. J. { Reynolds Tobacco Company here yes- iterday. The dividend, payable in cash, | will be issued April 1 ! of record at the close of business March 18, it was announced. RATES ON BAR SILVER. LONDON, March 7.—Bar silver, 33% 1% per Blommnoneniiem - ©meats - Se P IOITL TP YO S<POR PSP S T 2 o i o CIE-TR-S 2 MBW HOBNDON~OSN PR ~Gow e ] [Ot-1- T 6 -Car Chem 78, -Car Ch 7%s w. Warner Sugar 7 ‘West Union 6% Westinghouse 7: Wickwire Spen 7s. Wilson & Co 1st 65 Wilson&C cv 7%s. Wilson & Co cv 63, ‘Winchester A 7%s 1 Youngstn 8 & T 6s. 28 96 95% 96 Red Gasoline for Safety. Following & study of the hazards of gasoline, the United States bureau of mines has suggested that all moto gasoline should be colored red as a safety measure against mistaking it for water, kerosene, or other col- orless liquids, says Popular Science The bureau has found that one ounce of dye is sufficient to color 1,000 gallons of gasoline. Discount rates, sl a3 5-16 per cent; three-month b Small airplanes built of steel sold in Germanv for $1.130. A RAILROADS. Bales. High. 86Y% 79% 87 81% 7% 83% 101% 86% 86% 80% 9% 68 74% 103 103 9% 112% 111% 79% 93 85%% 92% 920 39% 97% 76% 51% 54 52% 57% 81% 57% 54% 97% 105% 7% 79% 76 79% 90% 115 74% 103% 9% 83% 102% 83 85% 100% 68% 39 86% 64% 105 54% 56% 64 103% 107 97% 824 61% 82 97% 70 103% 98 b4 46 89% 3% 103 100 94 90 7% 88% 61 82% 80% b7% 78 2p.m. Money, hort bills, 76% 86% 68 823 63% 5% 99% 804 4% 6414 51% 515 6% 93% 85% 82 96% 69% 103 9% 654 44% 8915 /3% 102% 100 93% 8914 97% 88% 60% 82% 80% 57 % 96563000 to stockholders {Grain, Produce and Live Stock LOCAL WHOLESALE MARKET. Buyers were out early this morn- ing getting supplies for the week end trade. They were mot out in exceptionally large numbers, how- ever, and buying was only moderate. Green vegetables from the south continue to arrive and are in demand. Texas 1is supplying ‘much of the spinach and carrots handled here,! while peas, string beans, lima beans, eggplants and other small vegetables are coming from Florida. Butter, egg and poultry prices were the same as yesterday. Dealers are ! depending largely upon frogen poul- try, fresh-killed poultry beljg scarce and high. Eggs—Strictly fresh, selected, can- dled, per dozen, 27; average receipts, 25, Live poultry—Roosters, per b, 17 turkeys, per ib., 28a32; spring chick ens, per lb., 33a35; keats, young, each, 60a70; fowls, per Ib., 26. Dressed poultr: chickens, Ib., 32a3 e keys, per Ib., each, 8 113a133, 1b.. 6a8. Lambs, spring, per b, Live pigs, 3.00a5.00 each; live hogs, per 1b., 7%. Green fruits—Apples, per basket, 50a2.00; box, 1.50a3.00; per barrel, 2.00 a5.50. 'Californis oranges, per crate, 3.50a5.00. Florida, 3.00a3.75. Lemons, per box, 3.00a2.50. Grapefruit, 3.00a 3.50. Cranberries, 4.00a4.50 per one- half barre Vegetables—Potatoes barrel, No. 1, 2.50a3. Potatoes, round, sweet potatoel per Southern lettuc,e per crate, 1.50 Iceberg, 3.00a3.50. Cabbag northern, 3.50a4.00 per 100 1bs. 42.75 basket; nearby, Tomatoes, Florida, Beans, Florida, per back, Peas, per basket, 4.00a8.00. Florida, 3.00a2.25." Squash, 5 Peppers, per crate, Florida, 6.00a7.00. 2 0a4.00. Kale, per bar; Spinach, B3 per 50a 0a8.00. Carrots, 100-1b. sa . Brussels sprouts, 30a35. lima beans, 2.5025.00. GRAIN AND PROVISIONS. BALTIMORE, March 7 (Spec Potatoes, white, 100 pounds, 90a2.00; 156-pound sacks, 1.50a3.00; swee! 2.50a8.00 nbusln. beets, 100," 6.00a¥. broccoli and kale, bushel, 40a50; ‘cabbage, 100, 4.00a6.00; voy, bushel, 60a arrots, 100, 4.00 caulifiower, ' crate, crate, 2.50a3.00; crate, 10.00a12.0 1.50a2.50; lettu: onions, 100, 1 100, 6.00a8.00; 75; peas, hamper, crate, 4.00a6.00 bushel, 35a40. 0245.00; bushel, ; grape box, ; pineapples, crate, 3.0024.00; rawberries, quart, 25a60. Settling Prices on Grain, Wheat—No. 2 red winter, spot, 1.16; No. 3 red winter, garlicky, spot, domestic, 1.17; exports, no quotations; No. 4 red winter, garlicky, spot, no quotations. i Sales—376 bushels of No. 2 red win- ter, garl at 1.1632: 312 bushels of 3 red winter, garlicky, at 1.14 Corn—Cob, new, 4.30a4.40 per b rel for yellow and 4.15a4.20 per bar- rel for white; No. 2 corn, spot, 91% corn, 881;; track corn, 2 ; 5: No. 2 rye, spot, 8%, Hay—Receipts, 33 tons. The market |ror good timothy, light clover mixed and strictly No. 1 clover is steady to firm, with a good demand for such stocks and the supply not burdensome. Medium and low grade hay is in ample supply, draggy and of uncertain value. Quotations: No. 1 timothy, 28. No. 2, 27, . No. 1 light clover mixed, No. 2 clover, 24.00a25.00; No. mixed, 26.00a26.50; No. 1 clover, 2 a27.00. Straw—No. 1 straight rve, 24.00a25. per ton 1 tangled 0220.60 No. 1_wheat, 15.00a18. 0. 1 oat, 17.00a15.00. DAIRY PRODUCTS. BALTIMORE, March 7 (Special).— Live poultry—Turkeys, 1b. 20a young chickens, 23a38; leghorns 28; old roosters, 16; old hens, leghorns, 22a24; ducks, 23a32; geese, 18a25; pigeons, pair, 40 guinea fowl, ‘each 30a60. Dressed poultry—Turkeys, 1b., 20a 33; chickens, 20a33; ducks, 28a33 Toosters, 16a17; geese, 2 32a36. Eggs, loss off—Native and nearby firsts, doz.. 24; southern, 23. Butter—Creamery; good to fancy, 1b, 46a50; prints, 50432; nearby creamery, 43a45; ladles, 32a33; rolls, 29a31; store-packed, 29; dairy prints, 29a31; process butter, 38a39. TODAY'S CHICAGO PRICES. CHICAGO, March 7.—Speculative selling in the corn market had a de pressing effect on prices of all grains during the early dealings. Most of the corn selling was by pit traders. ‘There was no material pressure from cther sources, but aggressive sup- port was absent. After opening at 14a% off, to an equal advance, May, $0% to S0%, the corn market suffered a general setback, with May leading the decline and showing a drop of nearly one cent. Wheat receded with corn. Expect- ed signing of the tariff advance proc- lamation was apparently regarded as hawing been already discounted as a tullish factor. The opening, which varied from unchanged figures to higher, May and July both 1113 to 1.11%, was followed by a moderate decline all around. Oats started unchanged to % high- er, May 47%, and then underwent something of a sag. Provisions were firmer in line with hog values, ~ CHICAGO LIVE STOCK MARKET. CHICAGO, March 7 (United States Department of Agriculture).—Hogs— Receipts, 37.000 head: mostly 10c higher; 'bulk, 200 to 325 pound butchers, 7.50a7.60; top, } desira- ble 150 to 190 pound averages, 7.20a 7.45; packing sows, 6.45a6.70: siaugh- ter ‘pigs, steady to 23c higher; de- sirable strongwelght, ", 6.00a6.50;" big packers talking lower. Cattle—Receipts, 4,000 head; beef steers, uneven; less desirable; kill- | ing quatity considereds marker about steady; spots weak to 15¢ lower on in-between grades; early top, 10.60; few loads, 10.00a10.50; bulk red steer: 7.25a10.00; stockers and feeders fairl active; vealers, unevenly higher; mostly 25 to 50c up on £ood to choic handyweight offerings; packers pay ing upward to 11.00: outsiders, 11.50; bulk vealers, 9.25a10.50; bulk beef heifers, 6.00a7.50. Sheep—RecéTbts, 6,000 head; fat lambs, 25c to 50c higher: sheep, strong: no early sales feeding lambs: several decks fat wooled lambs, 16.50; choice clipped lambs, 13.50] choice fat ewes, 10.2: _—————— STAND: OIL OFFICERS. CHICAGO, March 7.—Col. Robert W. Stuart and all officers and directors of the Standard Oil Company of In- 224 capons, hols meeting at Whiting, Ind., the company’s offices here announce. DRY GOODS MARKET. NEW YORK, March 7 (Special).— Cotton markets were quieter today, both in gray goods and sheetings. P‘;in( cloths were quédted at 9% cents for 64x60s and 11 cents for 68xZs. The raw silk market was quieter, with recessions of 2% to § cents a pound. “PAY RAISE REFUSED. HOUSTON, March 7 (Special).—The Builders’ Exchange here has refused the request of the Carpenters’ Union for a 32 increasc in wages, to $10 a day, cont-nding that present wages are in line with. those pafd. else- ‘where. 4 FINANCIAL BUILDING OF BANK TOBEGIN AT ONCE Federal-American Directors Approve Plans for Costly New Home. very near future, it was said. made v strata. Sinkings of forty feet it is said. To reach this elevated room a fe wide, easy stairs and a battery the tellers’ cages and t quarters with greatest pos while the advantages gained are h of greater benefit by the officers. ! ground ficor, they point out, ofte ms crowded, but the raised rc will be mo nmod iter light and ing traffie. The building itself, eighty. long on both street fronts ing " itself about se: nd ra nty feet hig olor, twens the interior at light and fresh air. foot monumental stairea either side by the latest type of eas: running elevators to carry the cu: new levelling dev bratioh. The structure will be so erected th, additional stories can be added whe: institution’s option. The rev enlarged b: to the street curb on both sides the building instead of only to tl basement as originally intended. Als the mezzanine around the bank to be widened to eighteen feet. be placed in the basement with capacity of 5,000 boxes Alfred C. Blossom cently decorated by the British 1 stitute of Royal Architects, the on American to be given this honor. Stock Listed on Local Board. stock of the National Mortgage ar Investment Company has been list The total number of shares listed tially paid for. Cheat-Proof Checks. tional Bank of New York city. which correspond approximately ingenious metal cutter, which the check may be torn in sueh: for which the check is drawn. Thus, if the check is for $9. the check above $10. Exchange Trading Quiet. Local ' securities ret strong position in today light se: thaler sold at 1541z, and Merchan 129%. $10,000,000 IN CREDIT' - READY FOR FARMERS ter Demand for Shoes Developing. Special Dispatch to The Star. ST. PAUL, March 7.—Shoe manuj facturers here are greatly encou Approxiniately 500 Minnesota farm- ers will be alded in financing their spring work by loans from the state .‘Cornamuon. rural credits bureau. Bids will improvemen will spend $593,000. WALL STREET NOTES. Gold Still Pouring Into U. More Earnings Reports. 000 mark. of its kind in the country. l l stock outstanding, paid last November. At L DIVIDEND OMITTED. share due at this timy Directors of the Federal-Americus National Bank have unanmiously re- affirmed plans for a monumental bank building, with stores on the first floor; the architects have filed the specifications with the Distriet authorities, and the building commit- tee has been empowered to aet, 1t as announced this morning by John Poole, president of the institution. Work will begin in earnest in tho Core borings on the site of the new location, 14th and G streets, werp erday to determine tife the corners and in the center of the property proved entirely satisfactory, The structure will rank with the handsomest In the country and wilj contain an elevated banking room, af unique feature in local architecture. vators ‘will take all customers to officers’ ible eas, ¢ have bet- ir, free street dust 1d removed from the noise of pass. ~odd feet will be in the true southern colonial style of architecture. It will be of one throughout, of 2 light creamisix with .great arched windows, ive feet high which will flood all times with day- Customers will enter a marble-lined vestibule about eighteen feet square, situated in the middle of the facade on 14th street. Immediately inside the revolving doors will be an eight- flanked on tomers up the ten feet required to ch the main banking floor. These elevators will be equipped with the which will enable them to stop within an eighty of an,inch of the floor without vik ever desired, thus converting the edi- fice into an office building at the d plans also call for an ement area extendin The safe deposit department will s the architect in charge, assisted by J. H. de Sibour of local fame. Mr. Bossom was re- The 8 per cent cumulative preferrcd on the Washington Stock Exchange 364,604, representing paid-in capital, * of $2,838,987. Of that amount $2.- 114,250 is for shares fully paid in and the remainder for subscriptions par- A'new form of check has been in- troduced by the Coal and Iron Na- This check cannot be raised to any appreciable extent if it happens to fall into the hands of a dishonest person. There are figures on the {left hand of the face of the check any amount which may be drawn from §1 to $50,000. Py insertin these fizures on the check under ar riveted to the inside front cover of the check book, the lefthand edge of manner that the highest figure re- maining corresponds to the amoung lefthand edge may be torn so that the highest figure left on this cut section will read $10. This means that a person will be unable to raise ined their sion on the local board. Railway pre- ferred sold to the extent of 46 shares. registering a net gain of 123 cents to 74, Gas was strong at 50, Mergen- Bank and Trust Company brought Northwest Also Reports Much Bet- aged by the large volume of orders pouring in from salesmen who went into the northwest territory only week ago. Merchants in this section are still ‘buying carefully, but stocks are low and heavier buying is expeet:; ed shortly, due largely to operations of the $10,000,000 Agricultural Credits opened on March 25 for the highway on which the state NEW YORK, March 7.—More than $12,000,000 worth of gold bary have arrived here from abroad within the past two days, bringing the total ¥ so far this year ciose to the $75,000,~ The United States Trucking Cor- poration, of which Gov. Smith was formerly head, has acquired the prop- ertles of the Independent Warehouses, Inc., making it the largest concern Net_earnings of the American Gas and Electric Company for 1923 were $4.346,823, more than $1,100,000 over the previous year, or equal to $5.57 a share on its 781,000 shares of common The American Chain Company to- day _declared a dividend of 50 cents on' the common stocfl, pavable March 26, to stock of record March 15. An initial dividend of $1.50 a share was NEW YORK, March 7.—Directors g he Tennessee Copper and Chemicat Sorporation vesterday omitted tue regular quarterly dividend ‘of 25 ¢-~ga