Evening Star Newspaper, January 5, 1925, Page 25

FINANCIAL. THE EVENING SELLING WAVE HITS ' [NEW YORK STOCK EXCHANGE Violent Breaks Followed by Broad Activity in Rail- |, STAR, PRICES IRREGULAR IN BOND TRADING 1$30,000,000 Federal Land WASHINGTON, D. C.. MONDAY, JANUARY 35, ON NEW YORK BONDS STOCK EXCHANGE Received by Private Wire Direct to The Star Office. 1925. FINANCIAL * Sales. High. Low turn on Class A Stock. TRY = ELE0 110% 107y T6% 100 1Y UNITED STATES BONDS. i les are in $1.000.) | Warner sug 7 Bales. High Low. Cioge [V¢ ec bs Lib3%s. .. 80 1015 10 West'n Union § Lib st 4s. 1 101-15 101-15 101-15 | Westinghou Lib 2d 4s. 5 100a24 100-20 100-20 | Wickwire Spen Lib Int 41080 18 10118 101-18 10i-18 | WHIYE-Ov §4as Lib 2d 41n. . 356 100-24 100-21 100-21 | (hison & Co 1st 6s Lib 30 41cs. | 146 101-5 101 ilson & Co cv bn the N 1t complete ause of (he ah Stock Exe au pemeal York losing he Star, Finul and com- Dlished in todny's 5:30 edition. volume of trading it s impossible to ~ in time for the regular edition of mEe at present, 25 75 plete quotations will be v 100 | stock on account of wrrears. payabie | TWO DIVIDENDS VOTED. BANKERS m Am’ iuu.xtgt,x.xery i Dales Rc-' T6% | & dividend of %5 on the class A e 80 Jamuary’ 50 Rorders” 0 My ‘ora | Council of D. C. Association Close. 1 en 404 Open. High. Tow Tow. Close, | 1 pt s EXp (6) Ad Rumly pf (3 Air Reduct (3 Ajax Rubber road Shares. 20’ STUART P iska Juneau Allied ¢ d His Chalt m Agri e (4) Pr () 4). Ag Chm pf.. Bk N p Bret 5 Am i Am Hide & I Amn Interna \m La Fra Notable - Am Linseed Am Linseed pf A Locomo (6) Am Metal (3) \mi Radiator (1) w Ry Exp (6) Am Sareiy Raz Am Ship & Com Am Sm & Ref (5) Am S & R pf (7) Ain Stl Fdys (3) Ami Sugar rpf (7) A\ Sumatr Am T & Am Tobacco (B) Am Water Wi Am Woolen Am Writ Pap pf n Zine pf Ann Arbor Ann Arbor pf Arch-Dan pf n Cons & ¢ & pools in the striul spec > pf (1) 11 & Ghio (5) al & Oh pf (4). Barnsdall A Ouerton rred | Barnsdall B 80. 3 Clgar. lehem Steel kel St pf (7) | Booth Fisheries British | BK! Edison (8) | Brk-Man Tran Cosden | Man pf (6 ove 28. | n U 4) in th rns Bro (10) Tns Br B (2) Add Ma (3). | Butte Cop (50¢) | Butte & Superio: | Butterick Co Cal Packing (6). Cal Pete (1%).. \r,.nvn:..rl.», e this stoc st week's par and profit-taking MARKET CLOSES WEAK Heavy Selling for Both Accounts in Day's Final Trading. | Century R pf (7) | Cero d Pasco (4) Certain-Teed Chand Mot (3) “hes & Ohio (4) 4 ¢ O pf (6% ago & Alton & Alton pt. | | { i wur. | broke | | “hic Gr West pf. { Chi Mil & St P. { Chi Mil &S P pt. [ Sni & Nwn (4) | Chi & Nw pf (7 | Chi Preu T (5) | ChiR1& Pac... ‘ R1& P pf (6). CRI&PDL(D). wctionary ;| Chi St P'M & O breaks | Chile Cop (2%). Chino Copper-. CCC&SLL(3) | Cluett Peab (5). Coca-Colo (7) Colo Fuel & Iron >uthern 24 (4) | Col G & E (2.60). | Col G & B pf (7) | Col Carbon (4) | Com Inv (2.50) | Com In Tr pt (7) | Com Solv rgts “ongol-Nairn (3 ley Tin Foil sol Cigar . ‘on Cigar pf (7) on Distributrs onsol Gas (5). *onsol Textile Sont Can (4) ont Insur (8) Sout Mot (80c) ‘orn Prod (2) osden o den pf (7) rucible Stl (4). rucible pf (7) rporation, Colo Colo Sou r selling cased Brazil CHIC comp. deman heay TOBACCO CROP DROPS. Production in 1924 Far Under 3 Yield. Fig- uba Dominican uyamel Fr (4) 1 Boone Chem Hud (9) i) u Pont (8) RAW SILK ADVANCES. Mines pf (7) i (5) STRIKES PUT UNDFR BAN HAVER erpf an (11) 1 6) founds séd-shop disputes will fion ot thocs Geniam Tik (3) far arbitration and the w en Asphalit will consist 1 aach Gen Cigar pf () > Gen Electric (8) ! TODAY'S POULTRY PRICES. en ) CHICAGO, January 4 R ungettled ; fowls. 17 e 10, turkeys Iy, alive . tpf roosters, 2 2, AL Am Cable (7) 400 40%: 404 vz 92 o1 91 61 bl 90 90 Ho14 1 1% 119 119 B4t Bl i a0t 54's 40 475 99 167 116 1684 116 204 3% 1's 384 1264 18 69 a0 1% 541 104% 100 104 20 1324 116 811 65 40 94'9 35 2414 19% 4Tl 69ty 110 16 1357 105% 11074 66% 4t 51 61% 141 96 108 141 96 108 B15% 3154 3 661e 43% 5% 13% | | Pites Co | Pitts Ginter Co (114). 24 idden Con Gold Dust Goodrich pf (7) Goodyear pr Gdyear pri irunby Consol Gray & Divis Grt Nox tiulf Mo & N Gulf St Ste Har 1 ( ayes Wheel Househ P (131, Houston Oil Hudson Man Hud Man pf ( Hudson Mot ( Hupp Mot (1) Hydraulic | Hydraul Ilinois Cent (7) UL Cent pf (6). Independ Oil (1) Indian Motorey e Indizn Refining. Ind Ref pf (7) Inland St (234 | Inspir Interb | Internat Agy int Bux Mac (8). int Cement (4) Int Com Eng (2) Internat Har (5) int Me Internat Internat-Pi Iut Ry Cent Int Tel & Tel (6) { Intertype (+ Invincible Of1 Iron Prod (41z) Jones Bros Tea Jordon Mot (i Kan Kan ( Kan ( as & Gult y South Julius) Keily-Sprigticid Kelly Sprine pf Kelsey Whi (5) Kennecott (3). Keystone T & R Laclede Gas (8) Lee Rub & Tire. Lehigh Vai (315) Lig & Myrs (3) Lig & Myrs B (3) Lima Loca (4).. Loews Inc (2) Loft £ Lorrillard (3). . Lorillard pf (7) Louis & Nash (6 | Ludlum (2).. MetCro (1.60) B Mclntyre (T5e) Mack Trucks (6) Mack T 1st (7) Mac k 2d pd Mackay (7) Mackay pf (4) Macy H R & Co Magma Copper. . Mallinson Man El Sup (4) Man El md g (5) Man Elev gtd Manhat Shirt (3) Manati (3) Maracafbo Oil Market St prior Marland Oil Martin-Parry 4 Mathieson Alka. | Mathieson Maxwell Mot A Maxwell Mot B Dept St (5 Meiro G pf (1.8 Mex Seabd (2). le States Miding P ’r pt (8) Minn & St Louis Mis Kan & MK & T pf Missouri Pacifi Missouri Pac pf. Mont Power (4) Mont Pow pf (7) Montgom Ward Moon Mot (3) Mother Lode Maullins Body Nash Mot (710 Nat Biscuit 75c Nat Dept Stores Nat Enamel & S t Lead-(8)... Nat Lead pf (1) at Ry Mex 2d at Supply (3) | Nevada Copper. NOT&M 1231 Y Alr Br (4) Y Canners (2) Y Central (7). Y CStL(6). C&StL pf (6) N Y Dock.... *N Y & Harl (5 ' & Lack (7) NH & Hart.. \'\'U&\\'s((l) N Y Shipbld (2). Niag Fls Pow (2 Nizgar Fpf 1% rfolk South. . Morf & W (78). rf & W pf (4) jorth Am (3.40) rth Am pf orth Pac (3). Orpheum (11%) | Otis Elev (15%) Otis Steel. . Otis Steel pf Owens Bot ( Pacific Gas (8) Pacific Mail. ... Pacific Oil (2) .. Packard (11.50) Pan-Amer (4).. Pan-Amer B (4) Park & Tilford Pennsy R R (3). | Penn Seab Steel Peoples G (8). Pere Marq (4) | Pere Mar pf (3). ere M prior (5) *hila Co (4). Phila Co pf (3 Phila&RC& L. illip Morris. . hillips Pet (2). Phoenix Hostery Pierce-Arrow. . Arrow pt arce A prior 8. Pitts Coal 1pf (6) rin Coal Pitt Tr Coal § ts Ut pf (1.20 ts & West Va stum-Cer (4) Prod & Refine Pub Ser N J (). Public Sery ris. Pub § NJ pf (8) 1Puilinan Co (8) Punta Al Su (3). Pure Oil (1%) Pure Ol pr (8) Radio Corp of A Radio-C pf (3%) Ry Stl Spg (8) Ray Cons Cop Rending (4) Reading rts Reading 1st (2) Kead 2d pf (2) cminigion Ty ne eptozle Steel o' Rep Ir & Stecl.. 137 41 8K 93tk 8814 (5) 1014 207 6 0% 8612 24 18% 40 36% 9iike 870 an Hour. BY GHORGE Speclul Dispaten (o1 NEW YORK HUGHES. January 5.—With one bonds started the k firm. The ex vas in wse of some of the irees with the ntly offered new vot been estors which have placed Dealers this materd; 1 often ure to move it n the exchange the New York their up with permanently with iy | i Bank Issue Sold Within i | 1 od deal of shelves o A g sl willin to make concessions In today's trad the featurve was tral 65, which ause of vertible privilege, went Dealin the quoted in was " Other int and the y went above nds in shown a St Franciseo N A s, Ohio-Toledo, Cincin and investnent issues of this The active speculative rail- < were M ir and justments, International Northern adjustments, uis ind Seabo! ne ndi s. Al these 1 de at current leve industrials th nore and the Atnor ot g Skelly higher. Chile per 65 were at one time than a point the An 1a s were hoth firm. M nother down and debenture gma Copper Ts was reactiona sation ng at par a nd Manhattan refundin ron »ve fnquiry for ond regarded as reawakening of invest United States Rubber ionally higWer Pr in the foreign round Saturday’s close. | all recovery of t Cuba Cane 8 ain Hudsc indicating a ment demand s were frac up ruled ench bonds small gains, the United Kingdom 58 of to the further ad- | ling exchange. Inquiries for and made esponse seen received Londor all American by ng, the trade in these side mly important $30.000,000 Federal wds, p evident inte | nds the | offering | Land Bank | 430 per cent date. It was sold | able WOULD DOUBLE STOCK. NEW YORK, January s.—Directors 3 eric and Foundry ommended to in the present shares of no tawe s of h share held will be called | : | to 600,000 asis ¢ shar Revnolds Sp (1) Rey Tob B (3) oy Duth 4.4 Rutland pf | St Joseph 1 StLSun St L Southwest Savage Arms M Schulte (8)..... 1121 Air L. 1% Air L pf r 9ie 391y s-Roebk (8) [P ver 14 uck-Ariz 7% 1ell Trad (2.06) 431 Shell U Seaboard z2 | 0% | o | air Oil | skeliy 011 Southern Ry South Ry Spicer M | Spicer pf (8) StOiiNJ (1), 3t Ol N J pf Std Plate Gla Ster Stew Warn Stromberg (6) Studebaker (4). Submarine By Superior Oil Sweets (new) Telautograph Tennessee Coppe Cuban | Det Elison vel Gs. Tide Wat Oil (4) Timken (13%).. Tobac Prod (6) | Tobac Prod A (7 | Transcont 0il Transu & W (3) Underwood (3) Un Bag & Paper Union Oil (1.50) Un Pacific (10) Un Pac pf (1) Un Tank Car (5) Utd Alloy Steel Utd Cigar (13%) United Drug (6) Utd Drug 1st 3 | Utd Fruit (10) Utd Ry Inves pf S Cast Iron T Distributing Hoff (50¢). 2414 $ Ind Alcohol. w21 Realty (8).. 24 121 Rubber..... 42 1% Rub 1st (8) . 96k melting. . . 38 Steel (17).. 28% 120% Steel pf (7). 12274 384 opper (4) Vanadium. “Caro Chem Ch pf Vivadou ; bash = snpfA... d Webber & H (1) Wells-Fargo- West Maryla West Md 2d pf Western Pacific West Union (). Westinghse (4). Westhse 1st (4) West Air Br (6) Wheel & L Iirie White Basle (2) White Mot (4) Wickwire Spenc Wilson & Co.. -« Wilson & Co pf- Willys-Overla Wills-t Nor uts: Woolworth (3 rihinglon 6% Worthiy ton B ¢ 87 vight Aero (1) i \Vrll\e)’ 3)... P - Yeliow Cab a Youngst it o & 4 Se bile 874 titmriiy ¢ azable Diviivnd an K1y are the snnual cash Jarest o ha 60 | dividends’are ot 1hcludéa. stock, | et bascd on the dectaeatio Cxim o er specia | | Copent | Orient Dev deb 6x | Armour & Co 4125 85% | Associated Oil &s | Callf Pote 6155, | Chi | Col Gs & El 5s | Duquesna Light s | Liggett & Myrs & | Nor State | Otis Steel T%s | Pan-Amertcan 6s. | Producers & Rt 8s 110 { S 1'or Rico Sux | Union Bag & P 68. g 26 T Wilson&e cv 71, 54 US4s 1044, 204 100-22 100-20 100--0 Pincieieed 01 101% 101% US4%s1s52. 38 105-1 5 i RAILROADS, " .FOREIGN. Atchison Ge: 20 ¥y Stk Atlantic 9% B& O gold 43 o B&Oev 41 i Argentine 5s Arzentine s A Arzentine 65 B Argentine B€0re Austrin 7s. s ' Balt RRCS Bank of Ja @ e 102, Belgium fx wi B& Oreimp 6n... 81 1014 Belgium 6lg w . B&OPLEWYV 45, 16 . Belglum T4s...00 7 1094 B & O Toledo 48 Belgium g 1071 107% | BKIvn-Manhat 65 rne n s . ¥ . : Botlyia 8 5 52| Camad orri e Sordenux 65 854 50 i Brazil oy 82 KOV 21 104 1041 6 6% | Cur Clineh 101 1008 | Cent of Ga : 102 | Central Pacifie 4 275 102w | Ches & 0 ey 4158 95% 1025 § Clies O e 4144 3 wR 891, | Ches & O 107 108 | Chi CB R | 108% ®8% 17 15 1om ot 1061 1ron agn 101 . 1028 Chile 75 1943 Chile s 199, Chile 8s 1941 Chile $5 1946 Chinese Gov Ry Con Pow gen 5 Cuba 3les Czecho 85 195 Czecho S8 19 & Puget 8d 4 Chi M & Stpogen CM&SUIdh 4y CMESIP g 4% 59 Chi v CM& S Chi M&s Danish Munic Ss A Danish Munic 85 B Denmark fix 9912 4 Denmark 8s hets b toms bk D y iy i) Grinag I 5% Ne cong g C & Dutch Fast T 65 °47 28 oty Chi Dutch 52 84 arw Chi Finland = £ 65 1945 1 £5% L Framerican 12 #315 vl French Tswi.... 192 French Govt 745, 5 Freach Govet §s.. 45 o Germany Ts wi. .. 114 | ch ek Taw ... ] 48 | Chi &0 Haiti ¢ Holland-Amer 65 Hungary 6 Japanese 4s Japanese 6l.s. ... Jergens U M 6s '47 Lyons Marseill 110 100 1% 1074 a2+ Del & 14 1 Del & i Mexico 4s 04 agntc 13 19 | Den & & Mexico 5s assented 10 33 3 2 t Montevidec Netherlands 6s " Netherlands 6s Norway 68 1943 ¥ 65 1944 ay 651952 mp 5 D& RG Ist rf 5s ID & Rio G Wt 5 Paris-Ly’s-Med 6s. 19 4 Paris-Ly's-Med T8 21 T34 aris Orleans Ts 5 100t Prague 71 95° Queensl 10655 Queensl 9z Rio de J 1004 1094 100t | 106% | > 10975 Hud & *Th £61s Hud & . 91 6% 68 11 Centra 7 23 103% 10: €8 Gr Do Sul §s Sao Paulo State $s Seine Dept of 78 rbs Crites Slo 83 Sweden 5las ot 4. Sweden s Swiss 6155 1946 Swiss Confed S5 Toklo 5. .. Ud Kingm 54520, 87 : Ud Kingm 52837, 5 | Kansay T'd Steam Copen 6s Kansas Clty S os. ik s Sl Kan Cy Term 4s Zurich 8s Int Ra Int & C Int & G Nor af 6s lowa Cent 15t bs Kan City Ft S 4 Lake Shore 4s 5 0 « Lake Shore 4= 3 Long Island rf 4s Louis & N uni 4= Louis & N 5« B Louls & Nash 7s MISCELLANEOUS. n Agr Chem Tlés 20 95% 95 AmChainsf6s'33 4 97 9% Am Repubdeb 6s. 6 91% 1% At & R 1st6s 17 964 96 Smit & R6s... 18 104% 104 104 | \pot pt0 105100 953100, | Aa an: Sy un ks 133 96% 96% 96T | \f 2 100% 1001 1004 102 101% 101% 130% 120% 129% 8 92% Writ Paper 6s. 47 aconda 1st oty conda - 1025 Andes 7 ? C.. 11004 100 5t Ry 7s SP & SSM 634 MK & T Ist 4s MK M h & T & E &Tpl In as.\ &T6sC Mo l‘:nH‘ Mo Pact Mo P Montr! Tn NO Tex 48 . N O Tex & M in 5s. NOTex & M 5s B NY Cen gen 235, Y Cent cn 4s '98. Y Cent deb 4s. \ Y Cent ri 5s N Y Cent deb 6s. N Y Cen NY Chi & St L5 NY € & St L 6s ew Hav d 45 '5 New Haved New Haven 1% 102 Atlantic Refin 5% 988 Barnsdalls f 8s... 10; Bell Tel Pa bs. . Beth Steel pm bs Beth Steel rf 5. . . Beth Steel 535853 Beth Steel s f 6s. . Brier H St 1st 5%5 Bklyn Ed gen s Bush T Bldg 5= '60 Armour of Del 51 Can Gen El leb 6 Central Leather 53 Copper 6s &S NY Ry rf 45 ctfs NY W & Bos4l: Northern I Col Commonwth P 6 Con Coal Md 1st 53 Consumers Pow Cuba Cane cv 72 "3C i Ore Short ‘uba Cane cv d 8s. Am Denver G Lref 4s. Pennsyl ge Pennsyl ge Pennsyl 61es Pennsyl gold | Pere Mara s mpire G& s P LGS AL 100t »der Metls 75 '39. % Por L & P 68 47 91 Reading gen 4s 91 Reading gn 4lgs.. 94 RIArk & Li4l%s ¥5 921 843 Tit Donner Steel 7 Du Pont de N 7 Goodrich 6728 Jodyear 8s 19 St L IM& SUL &S StL& Huinble O& R 5145, Iliinois Bell 1st 5s. 8575 Hlinois Steel 4145 P Indiana Steel 5 4 Gs. 87 Int Mer Marine 63 4 : Y Gs. . 9% Inter Paper bs 102 KCP & Lt bs A '52. 80% B0l Kan G & El 6552 5 SW con 4s 7 86 851 Kelly-Spring 88 % St P & KCShL 4%8 81 |81 Lackawa 5 3s '50 San A & Arn P 4s 83 Seab’d A Ladj 58 77 | Seab’d A L con 6s. 86 Sou Pacific 4s 29 963 Sou Pacific ctl 45 811, 841 Sou PPacific ref 4s. 8815 81 Southern Ry gn 4s 4% 74| Southern F 100% 1004 Southern Ry 6s ct.. 9 103 Southern Ry 6%s. Term Asso St L 4s Term Asso St L5 | Third Ave ref 4 | Third Ave ad} Union 102 us V6% 123 99% 1064 874 ELEY Liggett & Myrs 7 Lorillard (P) Magma Cop « Manatl Sug Marland Oil 88 '31. Midvale Steel 3s. . Montana Pow bs.. 32 Tube Ist bs... 4 101 N Y Iiden 1st 8los. 6 1128 112% NiG L &C 8., 1 80 ob N Y Tel 4165. .. 3 95K NY Tel6s'4l..... 3 107% NY Tel6s'49..... 3 1084 North Am I5d 65... 34 97% cth Am I5d 6%s. 5 101y Pow 5s. 9 9 e178. 16 107 PRI ic Gas & 153 13 94 T&T 93 1064 9415 10214 102§ o1ty 101% | 9614 95 | 103% 1031 10: Lo . | GERMANY LIFTS RULES waron Stl H §s GOVERNING MONEY Sinelair Oil 6148, . 829 Ry the Associnted Press Sinclaic 011 7. .. SW YORK, January 5.—German Sin Crilde OL1 B}, laws to prevent the fight of capita | Sin:Crude Oi! 68 have been abolished and German cus- Sin Pipe Line | toms regulations governing money South Bell Te taken out of the country have been lifted. according to dispatches from i < Ad, received today by officials of | LBge 2 the United American and Hamburg- | 021, | American lines. jo2ia | Germany will not be ~1 Visitors to 10818 convenfenced henceforth by re- etrictions as to the amount of casi | Bockel When entering or eavins country. nor will declarutions be said the dispatches Ouly tweive states ‘of this countiy do not have a gasoil Norehwat B Union 'ac ev 6s Virginia Ry st 5., 95 Va Ry & P 1st 3 3 g vy Wabash 2d i o Western Md 45 ... 315 63t 1 Western Pacilic is 90%: 904 West Shore st 4s. 82 ®2 Wheel & L 1 cn 45 724 7o, 108, | ra o | acif 104% | Phila Co 5% 9445 Phila Coref 6s A .. Phil & Rdg C&I 5s. Pierce-Arrow 8s.. Pierce Oil deb Ss 103% 1041 1064 rub Serv Elec 6s.. Punta Alegre 7s.. Sou Sug | Tenn lilec 1'ow bs. Lide Wat Oil 6%s. Toledo Fdn 18t Ts. U S Rubber 7%as... 3 104 U S Smelter 5 1014 10135+ < Uss.celsfbs 13 104% 1081% 1043, | reduired, | i Bosc e ry 1 a-Car Chem 7s... 12 ValCar cn Tssw 4 shares to $12.25 An extra dividend of 30 c share, in addition to the regul juarterly dispursement of 20 cen sday by the Association, pa February to hold of January Extra payments of same amount authorized in preceding qua the hiree Washifigton Stock Exchange SALFS Capital Traction 3 st 917, 19 a1 918, 5 at TEE Y Bin,. 20 a1 91 Washing, ¥ at 108t & Tuvest. prd > At iy, o0 $1.000 £ Was Call luw Bid and Asked Prices. BONDS. BLIC URILITY A Am Am i in & visl & 1 Vel STOCKS. PUBLI auk of Wil TRUST COMPANY can Security & Trust.. Trust Sovings & Tius Trust Loun & Trosi. SAVINGS BANK Commerce East TITLE INSURANCE Title MISCELLANEOUS & Storage.. 110 Market p Ex divicend tAn extra dividend of 4 per cen TREASURY CERTIFICATES. ations furnisied by Redmong & Co.) 1009 100 100 100 1013 Reptem Decen March 13, September 3% Mareh 13, 1138 December 101 102 1.32 1021 SHORT-TERM SECURITIES. (Quotations furaished by Re & Cob ——Noon.— Bid. Offer. Alamivum Co. of Amer. 9 N uminum Av American Sugar G American Anacouda Copper 10315 Anglo American 0| 101 \naociaied O Cs e bell 9 il 105 i08iy Oregon Short Line 45 1 Penasylvan'a K. R Pure 0il 3l S rt & Co. Lidewster Un'on Tank Car Tx 1930, Toan U. S Rubber 80 103ty Wes ern Union Ghgs_ 19 1104 Westinghouse E. & M. 7s 1081 1071 el'ng Steel s 1926, culled at 1 62 OFFICES COMBINED NEW YORK. Januar large accounting fi Sells and Deloitte & Co. announce that they combined their professio n Canada, Cuba and Mexico the name of Deloitte, Plender, Haskins & Sells. The transaction rppresents consolidation of branche sted by the two firms in five continents August a1 il Plender., under ope BUTTER PRICES LOWER. 5.—Butter—1 112 10a11 w- standards, firsts, 37a m::r —Lower: firsts, refrige 431y 1.678 firsts, e fir: 4548 FIRM GETS 151 PERMITS. PITLADELPHIA, J cial).—Permli« have irm for the cot Lweliings in Philadeiphia, which will $1,141,060. T cold weather not delayed operations ruary 5 been issued to ruction of 151 (Spe cost has LEAD GOES H!GHER NEW YORK, Jun ). Ame an Smelting and Reiining Com pany today advanced I]u. price of lead from 9.75 to 10c per pound The 101 1532 | * | Wednesday 71; | the Women's City Club. 43a | to Discuss Situation and Make Recommendations. BY CHAS. P Distriet o tion has in W SHAEFFER. yia Bankers drawn into ersy obtain wiil hold a tx council of ac w afternoon at shing d ation’s hend od the 1 in s the loeal Rourd. No defis as suzgested this ot tor B. Deyber ' who suid inipart the 1gie of situation tion to th would populir follow bant appre ng phrases and tinls afford to make this reason, ation would Bank Stock Seores G o Washing of 11 yoints over shington 1S oTning. a new established on sales ssue opened at vestment provious extent stock share reductlo; te- hese condi- lessane: + substan- n repayments. At the Board teads and substantial p; rm loan bonds by the Vei- i he Governthent's edited with pr portion of the fur purposes. s enter the anding posi- their pro: billion mark Live Stoc Year Casettled. trend throughi- re was m cnfusion and uncertainty fo the ght resumes appearing ore the stand- Tomorrow night will lecture on Accounts — Account- before the counting ednesday the com- will” hoid a re ear ex Joseph ng Me view preparatory amination Eliot H. Thomson will lecture Le- | fore the banking fundamentals cl on “Elements of Contracts” Thurs duy might simultuncously with the | public speaking and debating class {in the rooms of the Washington Stoch | Exchange. On Friday night F. J Donohue will lect on “Corporats Expansion” and R. Gordon Finncy { will conduct the class on | “Statement Analysis | “The women's committee will com | bine a dinner and business meeting evening at & o'clock at siudents to the mid- credits Clearing House Weeting. Washington Clearing House ation is meeting this ernoon 14 o'clock the purpose of hear port of a special committec of Harry V. Haynes, head Iobert V. Flem association 1 John Col. Harper Back at Poole Dexk. Harper has resumed active head of the Bank after a short Robert ities as the National illness COTTON QUOTATIONS | OPEN WEEK LOWER Professional Manipulation Leading Factor in Keeping Values Down. By the NEW Axocia YORK a Vrew January The ton market opened steady today prices to an advance o ght poi on the fairly steady showing of Liverpool and a further Ting | | 1“" hanged i rdvance exchange, but Exeent for sliz ade buying support was in dence. and prices worked off 2415 to 76 for March and from 2445 to 0 for May before the end of the first he under liquidation and Southern and Wall street selling hese prices represented net declines of ubout 30 to 37 points New Orleans @ ZANS, La., J market opened with cabl au Wir hree 1o and evi- from otations. nuary steady in which were trades showed five points, and zhtly right atter Ing at 24.12 ans to 10 points above levels. The mar- n broxe SHATPIY unaer the n- prot al seiling to and March trad d ¢ nd May to 24.02 v 25 o 40 point w ihe open | highs. No rcuson could be assigned |‘n, the weakness except professional manipulation. npaths bout as ihe cal May at Saturday’s ciosing