Evening Star Newspaper, February 4, 1928, Page 15

FINANCIAL. BONDS GO LOWER INTODAY'S TRADING Uniform Downward Moves. Weakness in Semi-Specu- lative Issues. BY CHARLES F. SPEARE. Special Dispatch to The NEW YORK, Fcbruln' 4.—Move- ments in bonds today were more uni- | form and toward a lower level. There were few exceptions to the declining tendency In both domestic and foreign issues. The weakness and activity were chiefly confined to semi-speculative bonds. In the industrials a new low vel for the movement took place in uid carbonic 6s and there were losses | ranging from !4 to 'z a point in the metal, Sugar. on and automobile se- curities. The local tractions followed the other bonds, though in this case the reaction was from the highest level cstablished 1n uven‘ months, and was 10 be expec Conunued lmuid-unn in Seaboard Air Line junior bonds was the feature of the rail market. The consolidation 6s were off & point, while the adjustments, after opening unchanged, went about a poi low price. Seaboard-All Florida 6s were off a while the adjustments. after open- & unchanged. went back to about ves- rday's low price. There has been heavy selling of all these issues by thos who took & bullish position vear, mainly becausc “French gmex‘\mrm municipals and rails were fractionally lower. So were some of the Italian issues. A new t price was established on Urugua) around 99. United States O(vxemmeuup, bonds and Treasury notes were lower The total of new issues this week runs above $200,000,000. It is signifi- cant that of the new offerings of $342.- 000,000 in the past Inr(m:ht foreign issues wco\ml for $200,000.0 STOCK TRADE DROPS. Business on Baltimore Exchange Down to Unimportant Volume. Special Dispatch to The Star. BALTIMORE. February 4 —Business | on the Baltimore Stock Exch e since | the first of the year has dropped to com- paratively unimportant proportions. In- dividual transactions are for the most part small and fewer issues figure in the There is an absence of that aggres- sive buying which marked delnnnl few months !‘9 and which prices up to the highest le\ellwerl tained. Even the surety company shares Washington Stock Exchange Sales. Capital Traction Co.—10 at 1145;, 10 at 1145, 30 at 1143, 10 at 1143, Electric 51:% pfd.—5at 108%. Washington Gas Light—2 at 86%. W:;’bulan Rwy. & Elec. pfd.—10 at Y. National Mige, & Inv. pfd—50 at 534, 50°at 53 ” i After Call. Georgetown Gas 55—$1,000 at 105. & Elec. 45—8$1,000 at mouuz—goon 105, lec. n- $1.000 8¢ 10454, $4.000 at 104° Polomac Fectti 55 % pra—b a% 108%. Bid and Asked Prices. BONDS. i PUBLIC UTILITY didid: series B Fier: 4o Eiec. gen MISCELLANEOUS ous, In. 0088 Ll e g"" Wi Huy Wash! Bwy T o Tiu TR Wash. Cons, Tite Co. pic. .. MISCELLA N Barver & Bos, Jor, oom & Clavy Chase Duiry yin u Natl, o l/!o) Mig vtd Grave, yia t T vl west o iy . e i wash il wart &'l H # i wrve o146 . Wi Unlisted B;ufim»t. IThese wmouniies 6ot histed uoter Eachauge Tiies ) VA . ., | Mexico 43 04 asntd 100 | N | Armour Del 5348 Covvewvou BONDS oo wxemncr] (| )SSES RECORDED Received by Private Wire UNITED STATES. (Raime are i #1000 1 Sales. High Low. Close 65 10124 101 22 101 24 41032 10231 103 38 10014 10013 10013 10324 10322 108 22 10216 10210 102 10 20 1074 1073 1073 341153 115 11563 FOREIGN. s. High. Low. Close. 3 931 93w 981y 3 100% 99% 997 2 1001 100% 100% 13 100% 100% 100% 3100% 100 100 298 98 98 9 98 97w 98 2 108': 103t 103% 4 97T Q6% 96w 11 100 997 100 1047 104% 10474 108 1078 1074 105% 1055 105% 115 145 115 8 1104 1097 110 £ 105% 1054 1054 9 96k 96 9% 1 98Y 16 1087 1095 109% 3 904 99 994 5 98% 984 510216 102% 102% 1 107% 107% 1074 ! 9 1017 101 101% 1017 1017 101% 0 111% 111% 1114 1105 1101y 110t Q9 990y pen ! LIb3Y%s. .. Lib lst 4 e Lib3daus Lib 4th e s US 3% 43.4 US3Xa... US4Ks Argentine §s. | Argentine 6s A | Arzentine6s B | Australia 581955, . Australia 5s 1957.. Austria 7s : | Bank of Chile 6148 | Beigtum & Belz'um 6158 Relzium 781 | Retetum 72 1: | Belzium 7148, Relzium 8s. . Bolivia 8s... Canada 53 1931 Canada 53 19! Chile 7s 1943 Chile s 1941, Chile 8 1946 5 | Con Pow Japan 5 Copenhazen dsct.. 4 967 Hfw of Copenhazen §13s.. % 1011 101 101 [ Cuba 51w, . 5104 108 104% e 1030 1051 [EEIARS TR TN 4 1o 6106 105% 106 2 103% 1034 103% 5 1t Duoteh ¢ l'vynmfleffitl d 78 2 105 w011 2 108 108 107% 107%, 2107 116 1161y 116" 2 110w 1104 110 1075 1071 1 8 100% 1004 100" 3104 104 104 1 994 99% 99% 2100 100 100 1023 1021 1 9RY, 9 101 2 101 26'% 100 101 | 264 251y A Marseille §s. .. Mexico 48 10 asntd Mexico 5sasntd. 3 2514 ay! i 2% 9 92 10 10215 IOZL: 10215 | 14 109 108% 109 | + 80 102% 102% 102% | 5 100% 100% 100% 4 102% 1024 102% 8 108 1024 103 3 1020 1024 102% | 32 98 974 9T 142 100% 100 100t 22 104% 104% 104's 39 91k 91 91| 3 1034 1034 1034 22 107% 1074 107's 32 106% 1064 106% 11104 1104 110% 1988 W 20 91% 91 91 5100 99% 100 1114 114 114 2 107% 107 1074 40 1104 110% 110% 1944... Norway 6s 1952, .. Orient Dev deb P-m Ly-Med 6 Rio de Jan 88 1946, Riode Jan 8s 47. me 6% Sao Paulo 851936, 10 107% 107 1101 101 3 105% 105% 105% 30 100 99% 100 30 99% 994 99% 13 103% 103% 103% 17 104% 104% 104% 6112 111% 112 4 99% 99y 99 8 894 B89 &9 1118 118 118 12 106% 106 106 2 96 967 96% 1 109% 109% 109% 5 95 95% 95 MISCELLANEOUS. Am AgriChem 7%8 9 105% 105% 105% Am Cotton Ofl §s.. 11 101% 101% 101% Am Repub deb 6s. 1 102% 102% 102% Am Smit& R 1st 7 102% 102% 102} 2 108% 108 108 19 105 104% 105 4 99% 99% 99% 3 106% 106% 1056% 3 105% 105% 105% 5 109 1088 108% 6 91% 91 91 . 22 106 10b% 106 10 111% 111% 111% Andes Copper 7s... 16 121% 121% 121% Armour&Co 4%839 1 92% 92% 92% 32 91 90% 91 Atlantic Refin 5 1103 103 103 Barnadall 62 1940... 11 1014 1004 100% Bell Tel Pa 68 B.... 1 107/ 1074 1074 | Bell Tel Pa 55 C. 1110 110 110 | BethlehemStl pmSs 1 101% 1014 101% | Beth Steel b%8 63, 13 104} 104 1044 | Eeth Steel 6 Bkiyn Ediso 10 1061 1064 106% Ekiyn Union 6% 5269 269 269 Bush Term Bldg6s 6 104 104 104 ChileCopper 68.... 13 964 96 96% Col Gas&El deb 58, 19 100% 100 100% ConCoal Md 18t 2 Kl1% 1 Bl 2 106% 106% 106% 2 1047% 104% 104% .15 91w %0 7 944 94 94k 4107% 107% 107% 1 1084 108% 108% 42 0% 90 B0 2 104% 104% 104% 2119 119 119 215 u5% Wi% 9Bk Hoe & Co 6% . 3 9Th 9T 9T Humble 011 b . 12 100% 100% 100% Humble O& R6%8s 11 103 102% 103 Lliinote Bell 1t 6s. 1 10b% 105w 10b4 Int Mer Marine 6s.. 7 108 106% 1054 Int Paper 68 47 4 101% 101% 101% Inter Puper a4 6s,. 11 105 104%4 104% Int Tel&Teleg 448 14 96 5% bl J Kayser & Cob 6108 108 308 KanG&E!6xb2,. 2106 108 106 Kelly-Spring ts. 1 108 J0B% 108% Lackawanna Btl 4104 103 104 Laciede G 2 105% 10h's 10h% Ligg & M. 3 108% 104% 104% Loriliarg 1 4k 980 96 1 108% 104% 1044 197 107 % 101% 10 1 105% 105 1 1 101% 101% 1010 10 104% 104% 104% 3 110% 110% 110% 4 1024 1024 102% 4 10R% 108% 108% 10104 111 1110 11 108% 108% 1031 1103 103 103 1 106% 106% 106% 4 108% 103% 1034 4004 104 104 11 105% 108 103 4106 106 104 4T waa w9 Y9k 4108 104 104 4101 g1 101 s Y4 1 1 108 2 108% Yhie 1061, L 105% 10 105t T 075 1074 1074 1100 106% 1057 U ves e 9 107% 1074 1071, 10 OB% 0By, Yk, 6 B4 4B 98 8 100W 100% 100% 9 Ub UBK Of4 Toho EI Pow 7s. Tokio 6% 1961 Utd Kingm 5% Utd Kingm §%s 37 Utd Steam Copen 68 Uruguay . Yokohama 6s w i.. Fisk Rubber Goodyear bs rets, ony ont Power deb ba Y £41s0n b Fan-Amer Fote bu. | reuyles Gantn [ PutiacCote el wh, {PnimCortona. .. Phila&itens Cal e | Plerce Arrow rs 4 | PEervGasti Pubiic Serv)i Punta Alegr Remingwnhr Eharon i1 H & i r O1) 68, Binclatr O11 € Binelair O1) 1 L | | Erle conv 6 1055 104% 104% | S THE Direct to The Star Office Sales Hizh 'ngstn S&T bs wi, 55 101 RAILROAD Atchison gen 4s. .. 074 Atlantic C L 18t 4s Laow. Close 100% 101 lN‘é 88T 708 98 97 15 10176 5 116'% 17 90% 2109 5 1073 Brdwy & Tth Av 58. Bklyn Manhat 6s. Buff R & Pitt 4. Can Nor 418 1935, Canad North 7s. Canad Pac deh Car Clinch&O #: Central of Ga 6 Central Pacific 48 Cent Pac 1st 68 90, hesa Corp 58 wi.. Ches & Ocv 4%s Chi & Alt 31gs ctfs. "hi B&Q zen 48 53, 101% 116% 901 1001, 604 rhm. Went uM CM& I'uzet C M&SIP 4n krrs. CM&StPdbas. .. | CMEStP deh 4ncta 55 CM&StPen#y,. 6 92 CM&SPeviomizefs 13 730 |CM& S Pendten 4103 fedMesiPriays. 3 T CNSSP el aect, 11 { Chi Ryass... . hIRT &P rfas CRI e dten W ChiT H ine fe 80, Chitn Sindtes Chi ¢ W ind en LieD., Lri6sA, tev Term 58 Colo & Sou 4133 “nha R R 3e Cone RRTY | Cuba Nor %3 ots. ; Del & Hud 1strf 43 ! hen & R10G en'as. | Den&R10G 418 36. D Rio G West 5s. riecvt 58 67 wi.. 1. . Fla EC bs { Great North 18! Great Nor gen 1s.. Hud & Man ref i Hud & Man a1 o8 111 Cent 4x 52 111 Cent 4 %= 48 111-C-C StL&NO 58 Int Rapid Tran 5s. Int Rap Tr 5= stnd. Int Raptd Tran s. Int Rap Tran Ts Int & G Nor 1st Int & G Norad 6. Int Ry C Am IntRyCA 6 | Kan City Ft & Kansas City 8 Kan City Term ¢s. Lake-Shore 45 28., Lake Shore ¢s 31. Louts & Nash & Louis & Nash 7s. Man Ry 1st 90 104% 6015 104% RRLLLL AL LLLLLL ...4.4.‘,‘5_,« Pennsyl gold Pere Marq llt Southern Ry I\‘l . ‘Term Asso St L Third Ave(ad) bi 2 Tol Tr L&P 648 30 2 Union Pao 1st 48, Union Pac 1st rt 48 1: 100% 108% 1014 1 10614 1 8hy 5 1024 4 100 LR Virginia Ry 18t 6, Va Ry & P Wabash 6% 76 w 108% 1014 1064 i 102% 100 9% Wit 8 108% 1064 HA 1021 100 1% 908, 89 Waestern Pacific bs. Werr Bhore 4o 2181 Wihel & L 15 1f 448 Wis Cen gn 48 DIVIDENDS, Py Company ) n.q... 45 & o vt iy ) MV‘ of ' H " co' ekt ) g o 1o of {4 PRICES ON PARIS BOURSE. PARIS, Pebrusry 4 (). — Price changes were irregular on the Boursd today, Three por cent rentes, 60 france 65 centimes, B per cent loan, 87 france 65 centimes; exchange on London, 124 Z2 Yhm b ob rmy & pary ¢ ‘.u b 4 iy oyl e s Clib 4% 1110 110 310, 1 108% 106% 1061 Ko Por Rice B | Southwest | Erana O N I | Bux aet Orient s Tennk ectow 6w 47 in et Te PSP 1074 10T 17 107% 1073 107 4107 19 bty 4 104n 104 105 LOBm 10K 2 40z 102 102 france 21, centimes. The dollar was quoted at 26 francs /s centimes, o REDISCOUNT RATE UP. BAN FRANCISCO, February 4 | (A~ The Pederal Reserve Bank of Franciseo yesterdny established s ount o of 4 per cent, effective | Fetruary 4 ‘Ihis will eupersede the exleting rate of :'. per cent. 2 106% 106'% 106/ 104 1% 1037 11924 112% 1124 Z 104% 104% 104% & 1024 102% 1024 7108 102% 108 ® 1 J06% 106% 106% IZEKI BO!L!I FIRM. NEW YORK, February 4 (#).~De- trolt aispatchies to Wall Street o United Etates Radiator Corporation negotiating lur m- "uuhuo of Pacific Buesl Boller Co. suksien, Uk fl?'b‘ ws. Utilities ,_ | were the 1 | Car. Heat and Light and Mavis Bot- | prices | POWER LINE SALE 0. K.'D.| 1014Y STAR, WASHINGTON, D O, SATURDAY, F EBRUARY 4, 1928, IN CURB DEALINGS Withstand Bears and Work Higher—DOils Go Downward. BY WILLIAM F. HEFFERN. Special Dispatch to The Star. NEW YORK, February 4.—Continued liquidation made fitself felt in the curb market today. Numerous issues which had had the support of powerful pool interests came down with the mamn body of stocks. but losses were ltmited Traders evidently were giving more serious consideration to recent develop- ments in the credit situation. The olls had before them a .eries of | unfavorable 1027 earnings statemel.ts soon to be published. Standard of in- diana dropped almost a point, Kentucky was down similarly, and International Petroleum lacked the supporting in- fluence accorded it recently. ‘The public utilities group was the one group that was able to withstand ad- Received by Private Wire Following is the list of stocks and Market today: 1.~'|u7s1‘n{l,u,s. 1gh. salos in bundreds. 1 Ac Prod A. . a Gt South pfd 166 Pick Bar vie 11 P Har A ofd P cem n LAnm co Am- Are i Am Br Tov 4Am ricAm T 3 0clw Bidvn C1 & Cou verse factors on (he outside and con- tinued higher. American Gas and Elec- | tric and °ri“an Light and Traction [ 2 effect of profit taking an i - aonde at 78 as against the previous finl\' ~f 80%. Rights to sub- b timal common of no- admitted to tradme aithen, th the pian th fe (onal shares at $65 a share | s in the ratio of one new ~2~h three beld ) Amer.can Roiling Ml Gen Johns Maaville, Midland Sic ll vay Stores and United | 3tates Gypsum were down a point to more than 2 points. Two exceptions to the general tendency were Safety tling. both of which sold at new high System in Three Mnry]:md Counues | Bought by Eastern Shore Firm. Special Dispatch to The Star BALTIMORE, February 4.—Sale of | the electric power transmission and distribution _system in Talbot, Quu‘n‘ Annes and Caroline Counties, owned by | Charles Jarrell, to the Eastern Shore Public Service Corporation has been approved by the public service cummk- sion. According to evidence submitted to the commission, the Eastern Shore cor- | poration, which is reported to be con- | trolled by the Samuel Insull interests. | paid Mr. Jarrell $100,000 for the prop- rty. The addition is but one in a series by which the Eastern Shore company has been building up its holdings on the peninsula recently, records of the com- | mission show. Within recent months it has taken over the Snow Hill elec-| tric plant and the Deals Island Ice and | Electric Co., among others. | Baltimore Markets BALTIMORE, February 4 (Special) ~Live Poultry—Turkeys, pound, 40; old, 35; poor and crooked breasts, 2 Spring chickens, 32a33: Leghorns, 27a 28; poor and thin, 20a22; Winter chick- tm 3 u3l old hemi 25a20: Leghorns, 8: capons, 30a H Dul:u 25828 l!ese 18a26; guinea fowl, each, 40a85; ., pair, 30a35 d poultry—Turkeys, pound, 38a 45, fllfl '5‘31 poor and crooked breasts, ; young chickens, 30a32; old, 25a 28; clponl, 30a40: old roosters, 17a18; ducks, 25a30; geese, 20a28. Eggs—Recelpts, 1,143 cases; native and nearby current receipts in free cases, dozen, 36a39; firsts in free cases, 40a41. Butter—Good to fancy creamery, pound, 45a50; prints, 50a52; biocks, 49a51; ladles, 37a38; rolls, 34a36; store packed, 32a33; dairy prints, 34a36; process, 42a43. Country Produce. White pumoe-. 100 pounds, 1.25a 2.25; barrel, .no w sweet potatoes, barrel, 2.00a: barrel, 3.00a 4.00; b.lnl bulhll 8001600 beets, bushel, 2.28a2.75; cabbage, hamper, lfl&ll 78: caulifiower, crate, 1.75a2.00; rrots, 1, 1.00a1.80; celery, crate, lsonu cucumbers, crate, 7.00810.00; ggplants, crate, 2.50a4.50; kale, bushel, «hw lettuce, hamper, 125a2.00; onjons, 100 pounds, 1.50a2.00; oyster plants, 100, 6.00a800; peppers, crate, 4.0085.50; parsnips, basket, 30a40; peas, bushel, 00a5.00; Savoy cabbage, h\uhel. 40a60; spinach, bushel, 1.2 0; squash, crate, 3.5045.00; tomatoes, mu 1.7684.00; turnips, basket, 25850, Apples, bushel, 1.25a3.00; barrel, 3.50 Og berries, box, 6.50a7. 25; grape- frufl.. bul 3.50a5.00; oranges, box, 3.50a ; 2.7524.50; straw- Hay and Grain Prices. Wheat—No. 2 red Winter 1.44; No. 3 red Winter, export, no quo- tation; No. 2 red Winter. garlicky, do- mestic, 145; No. 3 red Winter, gariicky, domestie, no quotation. Corn—No. 2 yellow, domestic, 1.00; No. 3 contract, export, 1.004; cob corn, new, 43584 50 per barrel Oats—No. 2 white, domestic, 641285, No. 3 white, domestic, 633864, Rye—Nearby, 1.00a1.10, Hay—Receipts, 22 ton: ay Is ar- riving here In fair qulnul\ but the demand for hay locally is very limited, and not enough actual business is pass- Ing to establish quotations on the vari- ous kinds of grades. Range of prices about §14 to $17 per ton for good hay in timo! and clover mixed, Straw—No. 1 wheat, 11.00a12.00 per ton: No. 2, 13.00a14.00. export, 4 () —Retall of mall order ry b and 10 sales, Judging from s houses and chiain groe cent drug stores, were groater in volume last year than in 1026 and con- sidernbly greater than in any previous year ‘The chart shows the Index of sales for tour matl order houses, 27 grocery store chalns, five 6 and 10 cent store chains and nine drug store chaln In value, mall order sales ranged from §36,000.000 to $48,000,000 monthly, chaln grocery sales from $92,000,000 to ’ 714,000, chiin & and 10 cent stores rom $30,000,000 (o §41,000,000 and chain drug stores from §7,000,000 to avie Botling ® Stor Dort T ohnson .. ‘££<!£x:< xre; 1z pere Ry a oes erigme ey aoaeBRE G283 ESUEITURZRNETY ""_ SEGTIGEE & el 1 x.‘nm- Paner 1y Stetson 4 R 1 Stinnes Hugo 4 Timken mken A 1h'r hman 1 Ting %ol Lamp A 810 Meewt B AUni El Coul vie' 7 UM G Imo ¢ BT L AT A 13 Raire . N MINING STOCKS. i hundreds, " (lnl-l A\ Ihl l nreka Vit It Co . 1 Premier Gold M ' rh.uu-k en. ¢ o it ans N o W™ Eon 10 Am Co 3 Marayal Zis, ir 0> w2 =523 g P i «\ e :..1.. ol R J bonds traded in on the New York Curh | i -3 2 e T s#ii#riiis NEW YORK CURB MARKET Direct to The Star Office FTABD\R OI, 188U iew RN P i unite OO Anglo Am 01l 100 Ang A0 won Vik 100 Choate st Mic S_AND FORMER STOCKS. 100 Boii 2500 Int Pet O 1 300 N 00 80 Tl 2008 0 Knivan 2008 0 . K00 Vacuun Sales in thotwands 1410 3% Am Pow & Lt T 108 Roll M e ety o S S 1395 B, 0 Sec Ta ml g g tate, Puw 6y or Am 5 £ | weak to 25 lower; Rilips Pet 3 Potomac Bd P Ser E& 1Rem Arma Bigs. 9 Richfid Oil 8a AL 854 L Gas & C s Del 5 S | ing lambs, T hmm 5 Wige Cent Sales n thousands. FOREIGN BONDS, 13 Adriatie 11 7o 11 Bank Proseia aige 291 7 Braal Biper 37, 4 Buence & 7a_'$3 ez DT DO Ervrrsies 2! S8 PE EE GECOISEETE 2Zzoes 5322222522 EVERYMAN’S INVESTMENTS BY GEORGE T. HUGHES. Railroad Secarities. ‘The third lu?!llhn as to 8 fleld for investment under present conditions covers railroad securities. There is little opportunity for expan- slon in the railroad world now. The era of railroad bullding in this country. on any large scale at least, is definitely closed. On the other hand. the railroads furnish an essential public service. one | fwhich the motor car cannot seriously threaten. Passenger traffic, it is true, | has steadily fallen away in recent years, | but freight in bulk and other long dis- tances where there is no Waterway rAI\) be_carried in no other way, ‘Moreover, the outlook for Government [ regulation of the railroads is favorable from the standpoint of the investor rather than otherwise. Politiclans have oome to realise that railroads cannot be loa sati:factorily to the communi- serve unless the capital in- vn(cd l‘imln receives & fair return. ‘That fs all the investor needs to ask. Of coures profits of the railroads, like | those of the public utilities, are limited, | but the compensation is the stability of ' income as contrasted with the average industrial, It may be that railroad stocks in the | - ety present market are too high and that they will sell lower sconer or later Whether that {a so or not, it can at least be sald there has been not nearly s0 much utuv.!‘m speculation in ratl- roads as in industrials and that the nur‘l of safety between dividends and earn! nfith larger in the former than in ihe eQUL th the Tareer tyateme dssarve o n the larger '{n any diversified investment e GIGANTIC STONE BRIDGE. STUTTOART, Qermany.—A nine- arch stone bridge, belloved to be the largest of its kind tn Europe, has been completed aeross the Ravenna gorge in | the BHlack Forest Mountains near the | station of Hoellatelg, Clermany. The bridy r which = carrles only rallroad | ral a8 bullt in 10 months at a cost of nhuu\ $400,000. e Have "u.“lou.nn .“ '\'fl' Some men have » wood SRL el “mo““' hm-ll & FINANC TAT. The Upkeep Counts On Stock Exchange, {Young Trader Finds Corresponcence of the Assaciated Pr NEW YORK, February 4. —One of the young telephone clerks who rc- cently bought a seat on the Stock Exchange for $300,000 accepted his friends’ congratulations with a rather doleful expression. “Yes,” he sald, “I hope to make money. After I have paid about $20,000 & year in interest on my in- vestment in my membership and 8tock Exchange dues, I can begin paying rent on my office and sal- arfes to my stenographer and clerk “Then, i there is anything left. I can start to figure up my years profit.” COTTON GOES LOWER ON WEATHER NEWS Reports of Rain in Western Belt and Manchester Labor Situa- tiin Factors. | i i { i | | By the Associated Press. NEW YORK, February 4.—The cot- ton market was lower today under selling inspired by reports of rain in ti Western belt, which traders evident. thought might extend into west Tex: over Sunday, and the uncertainty of the labor situation in Manchester. After selling off to 1724 at the start. Mayv rallied to 17.35, but broke to 17.10 o 20 points net lower. It closed at 17.14 with the general market closin; at net declines 0!' 18 to 23 pc i | CHICAGO LIVE STOCK MARKET CHICAGO, February ¢ (United States Department of _Agriculture) —Hogs— Receipts, 14,000 head: generally steady at yesterday's average: top, 8.35: n merous sales 170 to 210 pounds weig at that price; bulk desirable hogs, 170 | to 210 pounds, 8.25a8.35; 200 to 300 pounds, 8.10a8.25; few heavier butchers, | 8.00a8.05; 140 to 150 pounds. weights mostly. 8.00a8.30; best, 160 pounds ave; ages, 8.35: most pigs, 7.25a7.50; stron wrixh! 1. and better: bulk pac 40; best light kinds, 7.50a 7!’) estimated holdover 2.000. Cattle—Receipts, 200 hsad: compared ~ | to week ago, good to choice fed steers very uneven: com- mon and medium grades, 25 to 75 off general decline last two weeks, 50 to | 1.25, with better grades off most: stock- er and feeders. steady to 25 lower: bet- ter grades cows and heifers, largely 30 lower: lower grades slow: weak: bulls, | weak to 25 lower; ve: en, 2.00 h.x‘\t“ calves, sharing uptur top, 17.75: few above 16 50 but lings, 16.75: most fat steers, 13.00a | numerous sales light steers. 12 25; i light yearlings. heifers, sold up to 13.25: | liberal supply, however, 12.235 downward ;:’ fl” 50. 50‘!“0“ eifers, 11.00; heavy sausage bulls. | largely, 8.00a8.25. | . Sheep—Receipts. 6.000 head: odd loads of fed lambs about steady; for week: Fat lambs. closing 1.00 to 125 L shzep 25 to 35 higher: feed- t0 100 up: week's top prices; fed Wfl?&m lambs. 15.25: fat natives, 15.10: Fall shorn lambs, 13.00: slaughter yearlings, 13.00: fat ewes, 8.40; feeding and shearing lambs, 14 CHICAGO STOCK MARKET. By Special Leased Wire to Th CHICAGO, February 4. —Following a report of today’s sales, high, low and cloam: quouuom‘ on the Chicago Stock | Y AT §ad Brick . ... land Wi’ & (alamazoo Stov Gas & E doo by R K nn\.'...“x' TI58 A\\.u \\\uf‘ 0 3 enane R S8 55y ¥5 . FR0 R % \n.nnm R, W |mm~ o W0 T e e b BOSTON STOCK MARKET. By Speciat x--—n Wire to The $1ar BOSTON. February 4 —Fullowing is a st of today's highest, lowest and ““"‘1 F""‘ for the most active stovks deal n here: Sales 00 Ame T Arnvadian 0 Arisona .\-m 200 Cali & Wevla 0 {hevar Range Fast B Yemel 100 Neny l‘l.\ Ani \\\%&r.,, kt i y%‘ e A 2 2 sissis > g is ONEY Apy Amount | Mortgage Money Loaned at Low Inter=st Rates Fewnamie 1 anditions Tyler & Rut therford Lean Cor 1 Watna) Benenr 11520 K Sireet Main 475 l | | ! ln Nearby Virginia i Prudential t /Z ) Insurance Co. Leans ! Commonwealth Investment Co. 1 D17 15th St. N.W Phone Main | ! —all classes Llrge Loans -vSpecinlty l"’hglue & Rlchardaon, lnc. | 816 15th St. N.W ON HOMES 5100 5 = tion to appli- Interest il Saunders Co . Inc cations. T "\E Wm Founded 1887 1433 K curtai!- o ment. Run Main 1016 years ut Loan Correspondent for the Provident Mutual Life Iusu Company of Philadelphia AVAILABLE Man af 13 vears' experience in man- agement and ownesshin of bich-class oublic zarazes and serviee stations. Address Box {83-B. Star Office. APPLICATIONS INVITED for First Mortgage Loans Oz Improved Real Estate —for three or five vear terms at prevailing interest rates. Lincoln National Bank Washington, D. C. Glover &? Flather 1508 H St. N.W. Main 1753 F irst Mortgage Loans Lowest Kates 0f Mterset sod Commismon Thomas J. Fisher & Company, Inc. $500.000.00 available for immediate Sret troct loans on D, C. improved proy Interest 3': % Commission 1': € G. H. Selden & Company Inc. Woodward Building o Main Management —is & apecialised service that we bave been wmaking available to Washingtoa ownmers of realty for over a third of a century., Ita officioncy we invite vou te put to the teat. It will pay vou te make use of it F. Main 210 SAUL CO. S8 18 Su \ +