Evening Star Newspaper, January 14, 1927, Page 12

12 » PRICES UNCHANGED INGENTER MARKET Trading Not Particularly Brisk; Except in Fish Busi- ness Today. Following is a list of stocks traded in on the | Curb Market today. INDUSTRIALS. High 1 Allied Pk sen nfd 101 % 1 Am“areh “Co "¢ 107 s Am Cell & Chem 100 Cyanamid B. 34 265 81 New Sales in’ hundreds Low. 1017 106 19 o L Po Pub Rolline "M Seat vie Superpow re ady in Center Mar- Prices were steady in Center M ApRrpoy. 8 Xet today. Except for an undertone of easiness in the egg market, due to recent price reductions in the large centers of the country, values held | o firm Trading was not particularly brisk except in the Municipal Fish Market where retail last minute orders were being filled for the Friday trade. Ovsters were in considerable demand despite the warmer weather. The bivalves are in spiendid gondition, it is reported. Today's Wholesale Price: one-pound _ prints, ! store packed, 38 selected, 43a44; hen- current receipts, 40a42 £s0 U Fruiy uburn Avio (o arnsdall” war iyn Shoes “Inc lackst ¥ G orden_Co rill Corp ‘Al rillo Mfe kivn City R R Celluloid Co” pt (en, Asuirre. Sug 3 Sp & Bum icnie Nip' A es Chic Nip B Tt 3 26 Common P C n. 4 2 Common P n pt 02 13 Cone G Balt 'n 8 Consol Laund. . 6 Curtie Pub ptd 4De For R C vt & Dunhill Intl 1. 9 Durant Mot ... | 1 Eitingon Schild. 3 1EI Bd & Sh pt107 Bd & Shn co Tnvest Inc i Pow Cor n I stey Welte €A 484 ageol Mot Co. 4 Mardo Sug Co. 161 % Far Inel 3 T 22> BT i 4 i 8 I R 5 3 1 1 3 r 44a45 storage, 38. Poultry. Alive—Turkeys, 40; chick white Leghorns, 22a23: roosters, 16a17: old, 20; keats. young. a30. Dressed—Turkey pny Far 1 capons, fancy. heavy Ford Mo Co Can 40242; chickens, 333 Fox Theaters &7 90; old, 35a40; rabbits, No. Teahman. Chas. 1, 25a30; No. 2, 13 Witon sl "Meats'—Reef, 1 veal, 22a23; Samewell” Co.. lamb, fresh hams, 2 shoul: “loins, 26a30; smoked hams, 2T 1 shoulders, 18a20, Live stock—Calves, choic @ium, 12a13; thin, lambs, 1 Fruit and Vegetable Review. Today's market fruits and vegetables, compiled by the Market News Service, Bureau of Agricultural Economics, says: Apples—Supplies liberal; demand moderate, market steady: barrels, Marvland-Virginia, No. 1, Staymans, . 2%-inch, best,® mostly 3. fair quality and condition, hoxes, medium to large size, Wash- ington, extra fancy Staymans, a2.50; bushel haskets, Mar: Virginia, No. 1, Staymans, 3 1.50; 21 inches up, 1. Cabbage—Supplies moderate; de- ! mand roderate, market slightly 3 weaker; old stock, New York, bulk, i per hundredweight, Danish type. 1.65a1.75; new stock, too few sales Teported to quote. Celery—Supplies moderate; de. mand moderate, market steady: Cali- fornia, crates, medium size, 6.00a6.50; | 1% Northe Pow n.. large size, 5.50a5.75. & PennOhio_ Ser.” Lettuce—Supplies _moderate; de- 1 Pen'Ohio mand moderate, market steady; Ari T T zona and California, Imperial Vailey, S grates, Icebers type, 4-5dozen, 3.00a| Hfi‘;‘;‘. Bodge Cor Onions—Supplies _light; demand J Pow Cororie light, market firm; Michigan and In- diana, 100-pound sacks, vellows, U. §. No. 1, large size, mostly 3.25 higher. Ohio, 100-pound sacks, lows, U. S. No. 1, medium to large size, 3.00. Potatoes—Supplies moderate; de- mand moderate, market steady; Mich- igan, 150-pound sacks, Russet Rurals, S. No. 1, 4.40a4.65; mostly around 50. Maine, 120-pound sacks, Green Mountains, U. S. No. 1, fine quality, 4.00. Wisconsin, 120-pound sacks, round whites, U. 8. No. 1, 3.50. Spinach Market Steady. Spinach—Supplies’ moderat: mand moderate, market stead: bushel baskets, Savoy type, 1.10a1.25. Sweet potatoes—Supplies light; de- mand light, market dull; North Caro- lina, cloth-top stave barrels, Porto Ricans, No. 1, some fair condition, 2.5023.00; East Shore, Md., bushei hampers, yellows, 1.00a1.25, few. 1.35. Peppers—Supplies light; demand limited, market steady; Florida and fg’ha pepper crates, fancy, mostly Eggplant—Supplies very light; de- mand limited, market dull; Cuba, pepper crates, 6.00a6.50, Cucumbers—Supplies very light; de- mand moderate, market firm; Florida, o sales reported; Cuba, square bushel crates, No. 1, fine quality and condi- tion, few sales, 8.00. String beans—Supplies light; de- mand good for good stock, market firm; Florida, 7-bushel hampers, green, Youn 50a60 1 Gleason Prod ¢ 1Glen Alden Coal! 5: me- 2Grimes R & C R 31 4 Happi € St A 3. 4 Hapni € St F S HOD Mk 13 Ind’ Ray_Corp A 1 Ins Ca N AT 1 Int Coner Tl 2IntlSiiver 2Int Ut B! 1y Johns-Manv b Johne-Manv n’ wi report on 7 o e & & ad Sq Gar vie armon Mot .. cCall Corp n. . MSCpfd ww war idl Stl Prod. . id West Util id W U pr lien iller Rub pfd. oore Drop F A Mu_Rad Radio. Mur Body n wi. Nat El Pow A... Nat Leather... " 2% Nat P&L 7x pfd. 1027 at Pub Ser A.. eisner Bros... York Merch.. orth O_Pow ¢ 5 £ s St B FEE A Ty ¥ BE2%C53EA5E53 5% K Bur war 350 1 Asen Bkivn FEEa) Ts PR £E33EER 3 3 Ex 3 2 % a1 was isioes S RO o SR RS2 5o 513 2 Do P LDD; g 00 28! TR A oo 191950 PEEFS PRREE n. i 2 ntaiom 199Dt rof o on B OB 31 s 3D D) B B0 AN IR DR} SR B DB 35 e = ans Lux Fpl AEAD ni 'lm&n{;r T e i 2 o A i SR crot i “ 2 W . 'ni Pft Shar niy Leaf Tob. iy Pie C..... el =) o o on S 515 i s Do mmt 5B E R w3 Bczm D decietey = e oS wnDE << 43 2‘58 2, 3 O, FESFREFER BB ARER3R T 23RN R REE Fomes [ Salesin MINING ST g ; TG lo il C N 181y 60 Ariz ‘Globe Cop. .08 - 4 Cons Cop Mimes . 3 Cresson” Gold - - 20 Divide’ Extens: @ 32 Faleon Lend Min 10 Forty Nine M. 69 Hawinome " x" 1 - 2 Hecla Min - 668 Kay e 14 N7 Supplies very light; demand moderate, market slightly stronger; Florida, pony refrigerators, Missionarys, best, 90; ordinary quality and condition, 63a75. i eets and carrots—Supplies i demand ‘moderate, market steat. Texas, bushel baskets, mostly 2.00, ~iishs S-5353% 3 Copper Zine. . =2 3 s ¥ IR M. 4 Premier Gold 20 Reorg Weel. Div ioStand Silv Lead 5 Teck Hughes. . . East’ Min. | . 3 NEW YORK MARKETS. NEW YORK, January 14 UP)—Bar-| -1 Uni Vers Mot ){y easier; malting, 883529015 c.i 11 Wenden Cop... . New York. Wheat futures opened | sal N NDEN' : barely steady; domestic, May, 1.4 in *:"W"*&'Ivmpmbmr o Other articles unchanged. 45 Am Con Oilfids 16 Am Maracai 8 Beacon Of 10 =5 STOCKS. EEEI FEDERAL LAND BANK BONDS, (Quoted by Alex. Brown & Sons: closing.) pprox | yield. Syn 2 arib Synd €O stch Serv . COD: 3Cit Serv pfd 27 Columbia Synd.’. 105 Creole Synd 4 Cr Cent Pete 138 Gibson 011 Cor. | 8 Teonard Oil Souaisize $F : ak Magdal Synd . . Mex Ohio . Mex Paniico Prod """ nel Gas. . New Mex Land Pandem 0il 1 Pantepec 0N t Ck Cons. .. Osake 0N ¥ id Osage O N V 26 Tide Water Oil. 6Tid Wat Ol pf. 3 Venezuelan Pet. 1 Wilcox 0 & G n 1 Woodley Pet n. Sales in units. STANDARD OIL 1100 Anglo Am_ Oil. . R00 A Am O mon vie 4800 Cont Ol .. 18 Cumber P L. 50 Eureka P L Paul 65 1 300 Sik_0il 1934 55Gal S O pfd old 30 Gal S 0 pld n 1100 Humble Ol SRR - ains SR Mmoo 5 o) P 108 12 2222328 L REERLEPETRIR, BELLRLARARLD: [TV SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co.) —Noon—— Adirond. P 108 Aluim_Co. of ‘Amer Am. Tel. & Tel. Co Anaconda Copper s smociated O1l Bs 19 altimore & Ohio 1 Tel. of Canad Can. Nor Rwy. C. 334x 1 Ceniral of Georgia 6e 1 Chi.. Mil & St Gty of Lyon s Continent & Goodyvear T. & R Great Nort Gulf o1l & L. C. 6 1 7 18 is o 188UE 200 Nat Transit. . 80N Y Transit. 800 Ohio Oil. . . &Gn 515 1930 1030, iak 1046 421830 s 0 1700 Prairie 0 650 Prairie P 1 400 South Penn 7800 S 0 Ind. 100 So Kaneas. . ... 20080 Ky.... ... 1187, 1008 O Neb'n!. ... 7008 O N J n'wi 180§ 0 Ohio 1700 Vacuumt Oil Sales in thousands. 2 Allied Pk 0s. . 1Alled Pk & 2 Alum_ 7 n 10Am Ga & Ei A 31 Am Po & Lt 6. 1 Am Roll Mill 6s. Am Airbrake New York Tel. Gs 1031 egon Short Line 4s 1070 enna, R. R. 45 1931 ure Oil Co. 61 tnclair C. Oil ou. Pac R td. 01l of N witt & Co ; nion 01l of Canf alon Pac, R R. 1344 40 a0 100 TREASURY CERTIFICATES. e (Reported by J. & W A B35 e—Maturity 1 Anaconda ge T 21 Appa EI Po_be. 1% 3 AR st e 5 Asso G £ s MoakiDac. 1 o 10 As Sim Ha 638 1 Bieacon. OIl e 4 Reavernd fn 4 Bell T Can 55 A 5 Bos & Me s 2 R Tur & Eq % Bu Gen EI 5 Ci N Ry Ry 4 FOREIGN EXCHANGE. TQuotations furnished by W. B. Hibbs & Co. Nomunal seiling checks wold value. . today: $4AB05 844 London, pound & 100 optreal. dollar aris, franc russels, rlin, Bs. .. 6 Cit Serv Bx.. 1] 2 Cit Serv 78 DL B Cons Tex Bs 7 Contain C_A 88 2 Cuban T Tiks A 110 Cudahy & 99 Cudahy Zooli 8823335534 drachma. adrid, peseta Vienna, crown udapest, crown erown 000>3% f:’;r SEERRE ® ATFOWN. . . im, CrOWD.es = NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office bonds and York 1:15 10178 pons SeannonoeDD S5R3e233R: ¥ % (000 ¢ | sates in THE E'V'ENTNG STAR, WASHINGTON,- D. ¢, FRIDAY, JANUARY 14 1927, 2 77 Gatineau oPw 58 & Gatineau Pow bs §aem Bt G o Grand Tru g 1 Cron Penn b '3 1R Crpn P e 47 SZse535553s B23B2R32553335228 e 52333238 OSSN ETESTE o050 Crory St°53 anit P Blgs A W P C b 1 Morris Co 7t 11Nat P & L 6 A 100% 1001 P S L5l A O8% OR% or “Power 8s. 10213 10215 ne Cop bs 1004 100% M Glas C113% 1133 10 Okla Nat G Blge 9913 00 36 0ho Pw 4l D 801 B0 100hi0 P 5a 52 B 081y PRIy 10 0hio Riv_Ed 5s ORi 081} Am Pet Ge. 100% 100 E A.. 12 S5 rorEoono05050: 02220000 BE2EREIIRIRRERI2 ¥ GEEFE SEETE TS SR d Blan. 1008 K R 5l ww 1001 i Richfld Oil' 6s A 99 3'Servel Del 6 821 huite R 955 54 wsheen 100t 100 i Sou'Ca'E 56 "4 101 & 1014 # Sou Cal E 5¢ 51 081 981 i Transcont On"7s i Ulen & Co 6158, 16 Un O) Prod Bs 86 Uni Ind Glas wi 10U R thousands, FOREIGN BONDS 1 An Nat € 6s ww 101 i Baden 78 1011 4 Bue Air, 50 10 Ru 06 20 Bu 2Ry 1 a6 Gn DR 51 0R EU R 618 08 3 Costa Rica 2715 4 | 1 Danish Cos e OR 20 Denmark 007 BE M . 17%8 A 003 ML17ias A 08% 5 67 Ger Cons Mun 781014 1011 20 Gt Cons a8 960 051 > Hamburg E _78.. 1011 101 1 3Ind M Bk Fin 46 Krupp Fried L 7 Lo Tietz © 7y 5 Man M&S 78 6 Man M&S ww 8 Miag M Mach ag M Mach ww uni’ Medellin 85 41 Peru 78 ... 10 Russ Gt 61as n'c 5 Sanda Falls bs A 58 Saxon P W _6} 4Sax S M I7s " 1SS M1 6. 46 548 & H 65 S. A. L. EARNINGS HIGH. Special Dispatch to The Star, BALTIMORE, January 14, Sea- board Air Line's net income after fixed charges for 1926 is estimated at $4,400,000, equivalent after preferred dividends to §5.24 a share on the com- mon stock, the largest earnings the company has ever reported. In 1925 actual net income was equal to $4.39 a shar Gross operating revenues Were ap- proximately $67.500,000, as against $62,864,711 in 1925. . This compares with gross revenues of $42.844.933 in 1921 and represents an increase of 56.3 per cent in five yvears. In that period of time Seaboard has constructed 456 miles of new exten- sions in Florida through subsidiary companies. and all these extensions | to the system were practically com- pleted at the end of 1926. In addition to expenditures on new equipment, the new lines constructed through subsidiaries will cost about $27,700,000, with other new additions and betterments dfiring that period amounting to nearly $15,000,000. These capital expenditures amounted to about $75,000,000. CRUDE 0IL ‘PRICES UP. PITTSBURGH, January 14 (#).— Buckeye crude oil was increased 30 cents per barrel and five other grades of Pennsvivania crude were raised 25 cents each in new prices posted to. day by purchasing agencies. The' new. prices are: Pennsylvania grade in New York Transit and Brad- ford district in National transit tran. grade in New York transit and Brad. ford district in national transit lines, $3.40; Pennsylvania grade in national transit and southwest Penn- ylvania lines, $3.30; Pennsylvania grade in Eureka lines, $3.25, and Pennsylvania grade in Buckeye lines, $3.10." Other grades were unchanged LUMBER TRADE ACTIVE. NEW YORK, January 14 (P).—A general resumption of lumber activity, with substantial increases in produc- tion, shipments and orders, is indi. cated in reports from the country mills for the first week of 1927 to the National Lumber Manufacturers' As. sociation. The resumption in the hard- wood industry was much more mark- ed than in soft wood. Unfilled orders of 221 Southern pine and West coast mil ere 498,680,742 feet, against 466,643,748 feet the previous week. LEAD OUTPUT LARGER. W YORK, January 14 (#).—Pro- duction of lead in the United States and Mexico in December increased to 73,674 short tons from 69,381 in No ember. Output of refined lead was 69,354 tons, against 68937, and anto- monial lead, tons, against 2,631. Stocks of refined and antimonial lead on January 1 were 32,684 tons, against 25,023 the month before. PENNSY HAS BIG INQUIRY. NEW YORK, January 14 (®).—One of the largest inquiries from the rail. roads for miscellaneous material in some time has been put out by ghe Pennsylvania, involving 18,000 tons of steel plates, 7,000 tons of bars, 700 tons of sheets, 700 tons of shapes, 25, and locomotive wheels ' and quantities of other materfals, DIVIDEND RAISED. NEW YORK, January 14 (@) — ommon stock of the Brazilian Trac- tion, Light and Power Co., Ltd., today | was placed on a higher annual div dend basis of § per cent, previously 5 cent, with a quarterly dividend of 0 a share, payable March 1 to { holders of record January 31. SILVER QUOTATIONS. EW YORK, January 14 (#).—Bar 55%; Mexican dollars, 421, DIVIDENDS. Pe- Pav- Holders able. of rac'd, Jan 14 Jan 13 Apr N silve Compny. Am_Chain’ Do. part’ Coty.” Tnc 5 Duguiesne Light pf General Cigar. Hellman i art s Inersoll” Rand. . Knoxy P&L pi Nor Am Cement p Phila Co Do. 5% ‘pf S°A Mar 1 213 13 sz Jan 31 St. Lawrence Flour eb ? | ern | First COTTON ADVANCES ON FOREIGN NEWS Increased Spot Sales in Liv- erpool and Weather Also Bullish Factors. By the Associated Press. NEW YORK, January 14—The cotton market opened steady today at an advance of 3 to 8 points in response to relatively firm Liver- pool cables, reports of increased spot sales in the Liverpool market and indications that the present rains would be followed by another cold wave in the South Further realizing and some South- selling were absorhed, active months showing net advances of about 8 to 10 points in early trad- ing. March was selling around 13.2 and July 13.68 at the end of the first_hour, Private cables reported an early decline under hedge selling and realizing in Liverpool had been fol- lowed by rallies on good trade call- ing, and 'spot sales as officially re- ported in the Liverpool market were 14,000 bales, compared with 10,000 yesterday. % New Orleans Market. NEW ORLEANS, January 14 (). —The cotton market opened strong here today with Liverpool cables higher than due and spot sales of 14,000 bales reported in the market. trades showed gains of 8 to 15 points. This bulge attracted realiz- ing and prices soon declined 4 to 10 points. March traded down to 13. May to 13.40 and July to 13.46. Helpe by the cold weather in the belt, prices by the end of the first half hour of trading were on the up- grade, WHEAT ACREAGE DROPS. Maryland Winter Crop Below Nor- mal, Due to Bad Weather. Special Dispatch to The Star. BALTIMORE, January 14.—An area of 502,000 acres was sown to Winter wheat in Ma in the Fall of 1926 as against 528,000 in that of 1925, according to_John S. Dennee, Federal agricultural statistician for the State. The crop began the Winter about 20 per cent below a normal condition, it is estimated, with the farmers blaming the weather both for the con- dition and the short acreage. The decrease in the acreage sown Tand, Mr. Dennee points out, is in direct contrast to a general in- crease in the country as a whole, Maryland is one of only seven States reporting a smaller acreag The others are Pennsylvania, Wes Virginia, New Jersey, Ohio, Michigan and Wisconsin. SEAT TO BRING $180,000. Record Price to, Be Paid for Mem- bership on Exchange. NEW YORK, January 14 (#).-—Ar- rangements have been made by of- ficials of the 1"Pw York Stock Ex- change for the 'sale of A membership at the record price of $180,000. It is announced this is $5,000 above the previous high mark. The identity of the purchaser wil lbe made ‘public when the transaction has been com- pleted. Three other memberships were posted for transfer yesterday, the seat of Leonard A. Hockstader passing to Luther S. Dickey of Chi- cago for $175,000, and that of Leon Moyse to Lew Wallace, jr., of New York, for the same amount. The membership of Paul Brown also is to be transferred to Albert M. Keller of St. Louis for a nominal considera- tion. BIG CASE DEFERRED. TRENTON, N. J., January 14 (®).— Proceedings instituted by the Ameri- can Can Co., to recover $2,681,702, with interest at 6 per cent for eight vears, from the Government for al- leged excess taxation came to a hait this afternoon in United States Dis- trict Court. Judge Bodine, before whom the hearing opened this morn- ing, ordered a recess until March 21, during which time audits were to be submitted to him and opposing coun- sel. A dispute arose as to the exact amount of the rebate. it o b G INSURANCE MEN MEET. Addresses by President Willlam Montgomery, Williim B. Burriss and membeys of the organization featured a dinner meeting last night of agents of the Acacia Mutual Life Associa- tion at the City Club. The meeting brought to a close a two-day conven- tion held in Washington, attended by approximately 200 representatives of Acacia field workers. Gov. E. Lee Trinkle of Virginia acted as toast- master introducing the various speak- ers. . MOHAWK MINING DIVIDEND. NEW YORK, January 14 (#).—Mbo- hawk Mining declared a dividend of §1, payable March 1 to stock of record Janua 9. A dividend of $2 was paid three months ago. Prior to that the rate was §1. T WE SERVE UNCL The Honor of Honoring the First ADJUSTED SERVICE CERTIFICATE Departmental Bank COMPETITION KEEN IN AUTO INDUSTRY Sales at Current Show Have Broken All Previous Records. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, January 14.—Condl- tions in the automobile industry are spotty and seem likely to continue o for some time.. There is more strenu- ous fighting now in progress among manufacturers and dealers than is likely to gdevelop in Nicaragua all vear. ‘The automobile show now drawing to a close here furnished evidence of the above facts today. Sales during the show have broken all previous records so far. Attend- ance has been larger than ever before. The interest of the public has been made fully evident. But not a few automobile executives say frankly they would consider themselves lucky if they have as good a vear in 1927 as they experienced in 192 Competition is bitter and these men expect it to continue so. On the other hand, the market is active. Consumer demand is keen and there is plenty of business in sight. It simply is a case of which companies are going to get it. Not all will obtain what they think is a fair share and for this reason every knife is drawn for a fight for profitable existence. Merger Talk: Here, 1t is the competition outlined ahove which is leading to talk of so many mergers. Not a few see possibilities of a sharp cutting of costs in con- solidations, but so far these rumors have not led to definite results. Not a few executives have issued most optimistic statements as to the fu- ture. Without doubt here is srong Justification for these expressions, but men in the trade cannot but re- member the fact that these execuives in the positions they occupy cannot afford to discourage either dealers or ultimate consumers by being other than optimistic. Replacement demand is bound to be exceedingly heavy. There is every evidence that it will exceed 2,500,000 cars. Export business gives promise of being better than ever before. The saturation point has not drawn ap- preciably nearer in the United States. The companies of America probably will Ymake and sell approximately 4,000,000 cars this year, but most of these will be sold at prices which leave a profit only on the basis of large volume production. These are the facts back of the present strug- le. ¥Eve and ear appeal were the fea- tures of the present show. Never before have color schemes been o artistic or attractive. New models are numerous, but in.most instances the changes have been carefully cal- culated so as not to involve extensive and expensive retooling. No such re- strictions have hampered the paint changes. Noiseless Operation Is Goal. Bodies, have been built and chassis assembled with the careful purpose of eliminating squeaks and rattles, and noiseless operation is also stressed by most exihibitors, The Ford Co. never exhibits at the’ New York show, but Ford dealers on the outside are as active as those of other concerns within. The plan of the Ford com- panies to refurbish and rejuvenate Ford cars at a comparatively reason- able price was not overlooked by a single factor in the trade. Trends, according to automotive en- gineers who study the effect of the exhibits on the public, are distinctly toward the light, flexible type of ve- hicle. There always will be a market for the huge, luxurious, expensive types among a class of huyers to whom expense is not a factor, but men and women who drive their own cars seem most Interested in the lighter models. The touring-car types seem to have almost disappeared. The crowds were grouped generally around the closed cars, the roadsters, and the collapsible coupes. The trend toward lightness, speed and flexibility in trafic is coming into the truck fleld also. One large producer has determined to put the engine used in one of its most popular passenger lines into its lighter one and two ton trucks. Another big truck manufacturer is just getting into quantity production of a light truck propelled by a six-cylinder en- gine. L AT FRANCE TO NEED AID. NEW YORK. January 14 (#).—Re- valuation of the franc will turn France to the international money market for funds this year, in the opinion of L. B. Heemskerk, vice president of the Bank of America. The experi- ences of other countries would indi- cate that currency stabilization is too onerous a task to be accomplished without aid from abroad, he says, and undoubtedly funds will be extended liberally in view of the fundamental soundness of the French economic structure. PRICES ON PARIS BOURSE. PARIS, January 14 (#).—Prices were heavy on the Bourse today. Three per cent rentes, 52 francs 30 centimes; exchange on London, 122 francs 13 centimes; 5 per cent loan, 60 francs 45 centimes. The dollar was quoted at 25 francs 16 centimes. E SAM'S FAMILY (Reprinted from the Star of Janwary 6, 1921.) Holder of Bonus Certificate No. 1-A Gets Loan at Bank - Holder of adjusted service cer- tificate No. 1A, the first of the nearly 3,000,000 certificates isnued by ihe Veterans' Bureau, has received a loan on his bonus from a Washington bank, it was learned today. He e Edward E. Lockout of Pleasant, Md. 'a sergeant major in the' Marine Corps. at- tached to Marine headquarters. — “Your Bank”— gladly advanced the loan on Adjusted Service Certificate No. 1-A. Doing so was a normal part of the co-op- eration we give Uncle Sam's Family— Civilian, Military and Naval—a special- ized banking service that includes every help: Savings, Checking, Loans, Deposits. We want to work with you; we want to help you. Let's make progress together! DEPARTMENTAL BANK “The Bank for Departmental People” 1714 PA. AVE. N.W. PS8 SE88.2 BREeER o090 wfi'rz‘.’ér‘a-br'br. 3 § f:hh SEMI-ANNUAL “Presenting the Bz'g (lothing Savings é;f Each Season! Once In Six Months Suits and Overcoats All Deeply Reduced! $ 2 8 TRUE, you wait half a year for such sweeping Saks reductions. But then! Every superb Suit and Overcoat in the Saks showing is $ 33 entered at a price so low that it bears small relation to the actual value, * The one exception to the reductions is the standardpriced $50 Saks “Criterion” Sack Suit. & @ Men’s Shoe Features In “The Semi-Annual”! $6, $6.50 and $7 Men’s Oxfords of YOU rarely find Blue Suits in a special selling—but Saks Blues are included. You rarely find Dress Clothes in a special selling —but we include ours. For we mean this event to be as we state it—a general price-lowering on our entire stock.* With savings so important that they stand totally unmatched! exceptional type—reduced for this oc- casion. Tan Oxfords, Black Calf Ox- fords and Patent Colt Oxfords (with and without tips). All sizes. A very special offering of high quality shoes. $8, $9 and $10 Sample Shoes, high and low, in sizes 616, 7 and 7%—in addition to other $8 and $10 low shoes from regular stock—are also reduced. Black and tan. - Splendid selection of styles. First Floor. 7y * And AsFor The Boys! SUBSTANTIAL reductions have been made throughout the Boys’ Departments. Many striking opportunities: $3.50 Low and High Shoes; Tan and Gun Metal _$2.95 Sizes 7 to 11, 11% to 2, and 2V; to 6—First Floor Small Boys’ $14.95 and $16.95 Overcoats. Boys’ $10.95 and $12.95 4-piece Suits.. $1 and $1.25 Flanellette Pajamas, now.. $1 and $1.25 Winter-weight Union Suits Second Floor. Shirt Sales Continue! $8.50 to $12.50 Custom-Quality $4 95 Shirts of Silk Broadcloth, Tru-hu and $7.65 Radium Silks. Whites, plain shades, 3 for $4.50 gorgeous patterns. Sizes 14 to 17. PENNSYLVANIA AVENUE AT SEV ENTH $6-85 2,400 English Broadcloth, Import- ed Madras and Rayon Shirts, worth $2.50, $3 and $3.50. Neckband, col- lar-attached and collar-to-match sizes 13% to 17. [T S (I