Evening Star Newspaper, February 19, 1928, Page 25

N. €. FEBRUARY 19, 1928 -PART 1. FINANCIAL. 25 NARSET FEATIRE : THE SUNDAY STAR, WASHINGTON. BOND SUMMARY FOR THE WEEK h U. 3. BONDS. Hich. Low. Last. Yield Lot (0TS Liberty 3ths 1933-47. 101 24 101 21 101 31 103 15 102 31 Liberty Iat 4% 198242, 10} 6 102 41 102 100 26 100 12 1.iberty 30 A%s 1928 ... 10) 18 100 13 100 16 108 103 21 Liberty sth 4% 1933 3 5 108 22 108 24 1166 11422 Treasury ¢%s 1 5 115 18 Wi FOREIGN 104 \rgenting. June ba 1959, Arzenting 8s A-1967.. FINANCIAL. ILOCAL ISSUES END WEEK NEAR PEAKS Money Available tor FIRST DEED OF TRUST LOANS 6% Reasonable Commi 1st Trust Loans Any Amount D. C. and Montgomery County Large Construction Proiccts FRED T. NESBIT 1010 Vermont Ave. M. 9392 10121 100 19 10412 103 1 16 110 5 19072en Hl;hmlmvt 100t 1% 101 97y Special Dispatch to The Star, NEW YORK, February 18, 1928. This Week. High. Low. High. Low. 179.03 171.06 173.92 176.79 eek s Last Week. 100 ¢ 1004 99 . 1000 100" Stocks (average of 50 lssues)...... e Money to Loan v ceal estate | | i | | i | Securad b hirst ae Prevaiiing inte Prudential Insurance Co. Loans 5%% h N ane W WE FINANCE Aeome i W —an o Lnrge Loans a Speciul(y ngbue & R!chardson. lnc. S16 15th St N.W . \ Desirable Cffice Srace For Rent Cemmercial National Bank Building See Superintendent ARARAARARNANRNRNANNNNN \\\\\\\\\\\\\\\\\\\\\\\‘ A A N S Commonwealth Investment Co. | k¢t vesterday ignored the sharp break = oJilon the New York Exchanze and prices N é)\\\\\\\\\\\\\\\\\\\\\\< MONEY TO LOAN Becored by F e on imi Estate_in D WM. T. BALLARD afid | Construction Loun Applications Invited at 5Y%% GlOVET fj F]ather 1508 H St. N.W. Maln 1753 Keat Hotel 87 Mort. & Inve b American 100 Gur Home Life 100 Tutn | 30 vo % ¥ 3 n T X THOMAS L. HUME 1412 G Street Mazin 1345 Invest in Guaranteed 6% First Trus @ nre pld. Denominations of $250, $5CJ and $1,0C0 Title & Investment Co. of Maryland 1512 K St. NW Phone Main 2676 Triple Protection disersified security smproved home he Distriet of hind Dusured i snbia omiel Ve bauitable ol New il captal of wer ribe York Mutusstios, 2 1o 14 Y ours _HMud this Coupon 1ODRY | Federal Security & 1412 K Strect N, WABHINGTON b C wHAxL‘r-w “Prewsa senit Liswress Wit gage bamia B Mortgage s 0uiE L0000 | {Co ! l Bank Clearings Slightly Low- er—North American Re- ports Higher Net. BY EDWARD C. STO) As usual, the shington Stock Mar- ended Trading between the veek at was- about cqually divided stocks and bonds Washington Railway & Eleftric General fs again sold at their high for the year. 1 There were $1.000 and §2.000 tr: in Railwvay & Electric 4s at 94 Potomac Eieetric Power 6s were sirong at 109 and Po- tomac Electric Consolidated 5s were | | also firm st 1037, H al Traction opened at week at 1157, Power 6 per 110 and 5'; per cent at 107y and Trust came out Ross moved a* 32 res of Morchants Transier preferred recorded 109 oiher stocks out were Mer- tvpe. which opened at bsed at 107. and Sanitary ferred. which sold to the | s at 106. In the Chapin-Sacks 8 d come out at 104 at 135 and Raleigh | 100, od the the top. | 116 and | on light | cent pre- | closed _the sales. Potomac { xrrd sold at shares shares of Unis Barbor & securities were | h week. several changes were noted, The bid mos Club 4'» was raised m City Clud lowered to 50 from 55. Metropolitan 4! d a poft to 91. 1 bid on No ngs Bank advanced fi 13 and on < The bid ce Co. 1s When the Local Bank Clearings Slump. n the National Capi- cbruary 1 tonsively showed es with a )‘ iday. ) 106 100 14y 1o 100 o 'y 1o ) 1o A0 e 111 108 107, 1 1 1 | 106 uq w7 10 oz, I Lon's 1080, 106 100 i 105 « 116 . 0 106« 107 102 vious week. Clear- | 105 24,558 000 as compared with | 7.000 on February 2. They were under the correspond- | ngs were $42.852.000 ck. over $1000.000 above the k. but siightly behind the s Pf a vear agn. Baltimore did | well, the total of §05.124.000 |1 o nfmnno lower than the woek cent under 1 holi 'mpar an® factor ob- gs were almost exactly the previous week, but | Bradstreet’s reports whols showed de. nes. but say 1 slump was largely to the holidev. The country red a gain over a year ago. S same der 1026 NN 102 1A e 0L s 1on 17 1o 102 110 103 North American’s 1227 Income Gains. | 104'. , The preliminary 1 0 owns 0 ngton Railway | sidiaries for £19.234.647. tn €336 a <hare on eommon <*ack and serip enistanding at of th~ vear This eompares t fncom-~ of §17 5 4019322 common shares of B Mel'on's Son-in-Law in Banking. K. PBruce, son of Senator nd and son-ineicw of ejary of the Treasury Mellon, has | begun a financial apnrmuccnhxp in the | bond departm: of th Bankers' Trust | in New York at Rome to enter the bank- | was announ~rd some time ure of his N~W aso- learned until a fow Mr. Bruce has not been assigned *D”:A) duties, b n its various branches ing of a financial carecr. | are cxpected W be of ! “a graduate of Princeton 100 lfll ot 1 103 10 Ld'e T4 12 His rosignation 25 1z e ra 6 will learn the | Luzie FETeN 43 105 104 1100 nd the University of Mary-|1uv' T 30 years old. and was forme iy | a law firm in Baltimore Record Exposition Expected. industrial_exposition o be ch 12 to 17 for the fourth | year by the Chamber of ing accorded even a bet- ! than_previous exhibitions terday by M. A. Leesc ng the gene commiitee directing the show this e have secy imber of cd a greater displave than ¢ at the same time last Mr. Leese. “This we that Washington look upon e means of weeks wes reveal- '}”1) night tender- imar, rg-lonal vice hat portion of c s Delmar said, while the wonnel ith b few headed ! w. president of the na- s b outlined the fune- organization OUer speak- 4 President Walier and John ser was attended by Lsnesy men Meard In Financial Disrict nmed o customers watch- ¢« New York Buck been w feeling that something v bappen & Power arwer o 6 oper cent pr the T e cent piyable March L a eouple of were rega it on both ul 8150 on ed ang 319 era sboes nodee about o pro- tantinlly Ne- e five of the Lt efteet Anrhe compisny expal will s et elty. nd Vi Co sepurts v put n Forton that s capacity have been Joiin 8 alionsl Bk monthi's oulng in Dack Bl his desk andoned Cockiran of the I relurning Flonas ana Monday from will b Tie bid price on Wi [ i raketd from 45 52 acked price of 10 placed on e Lawies as 31 Ve owners of sre picturing tie club York 6 U rpend 81006 000 600 A five ¢ for bridges tun uuwaye wnd other improsements £ sisut the city Mew o ! sngton Bare Ball the | lending | | YB'e 1061 0005 10:% Al 101 i 1iia 102 1024 I o 10 1y 104 e . progresaing | yy. s, 10 i o 1un n I i s 1055 104, 104 104" It I e Ba iy T i 100 6ie a7 1t a: e (TN PN X9 104 05 oy 104 101% 1061 1061, 24 at 1050 [Tt st 10 100 Wiy 104t [ISN 101 Rt 06t SR o 02 e wi 1w x o 1045 101 lhlt‘ W7 103 114 iy a t of the North, 106% 1 14 ' byla S 60 o 0o 20% P3N 56! ¥ 1160 1027 o2t 108 ' YN 1w £ T Al Tty Tty 7 1t 14 e 103 1 un 4 KN wna vl o wn K 465m 101 10t Wi o ’.-, i Lo (RS It o a 4 4 o i 101 .m o o e Et 2, 104 g e PN PO 984 FTNEN 101 1ot 1o 100 94 Australta 58 1955, ... Austria 18 1903, Haglum 88 1966 Kelgium 7% 8 1946, delaium ¥s 1941 Hordeaus s 1934, Hrazil Bles 1957, + Buenos Aires Pr 05 e 9 INDL 104 i tres Province is exe oVt iy o8 1961 nenhasen by 1944 . sechosiovakia 8 1951 Deninrk 88 1942 Duteh Kast indies 88 1947 Duten K erench wrench Govt 11 1941, ©rench Gove Ss 1945, ierman (s 194 Hollana- Amer italy 78 1951 Tapanese S lps 1354, Jerzens Utd Marzarine 6s 1 Netherlands 8x 1972 Norway s .. Paris-Lyon Med 83 195! Peru is e Folang ¥ 2iecnsi Jueenst cive Is i de lar Rome K lys Sao Panly Seine Dept of Serhs Croats Sweden 6 coss Swiss 2 las (%08 Tono Elec Pwr 78 19 e wi Utd Kingdom 5lgs 1937 Vitatie sl TRIAL AND MISCELLAN Atier ALt Chenical i iys 194 Amet Snielt & KRet 181 3s 1947 Amner Simelt LSt o8 1941, Amer Susar Refuing 68 1932, Aier Fer % Foicit 48 1929 Ametican Ko & leist Anacontn Conper ue 1Y) Anaconda Copuer ov Armout & Co 4lps 194y . Armont of Delalyx 43 At Gatusdali Cotporation 88 1940, Hell et 1Pa) rai a8 1998 etn ehemn Steel b s 1948 Haihienem Sieel o { 63 1343, Sons Comt « M) It rel “uba Canie Sug oV dub A8 1930 Detiont K ison el Bx 1340 Dodge s 100 L stern Cuvan Sux by 19: Sondrich (B K) By 1967 Humble 1l & Ket 2% 1932 inter M Marine as 1941 Inter Paner ax A 1947 Inieruationss Telar Nein as 1981 awanna Steer 5s |95 Laciede alys Lol & Myers s 1951 NManatl Susai s 04 bps 1942 Steeias 1448 Teios 1 [T N Y Gas kL H Py NY Leiaws 193y N Y Pel 68 1941 Northern State: acine Gas & Elec os 1902...., Pacific Tal & Ueian 1952 Pan- American 5 34 hita Pubiie Service fs 1344 Sneiad ot e 1k Southers Beii Teiephone is. . Statidard i N J o e s e e US ianter int w el 38 1947, U'S Htunver i wstivin, an Power ¢ Light 3 Warner 108 193y Western Us g8 1936, Wilsun ¥ Co st de 1961 RAILROAD aten L& S Kecen iniuvs Atlantic Coas: Line ist 4 16 & O 11 €0l In 1048 Baito & Oniw Y dvys 1984 Baltu & Do col as 1996 . BEU I LEY W Ve B % O Suuihwesiern Ui Ataakiy i Ma Canadian Nottnern s w1948 wiading Pacic 1eb 4s Central Pacine 4s 1948 ., Chesapeake Corpn os w i Chesapeake X URIO SV ¢y Chesaveshe & UNio SNicaKo & AILGD Sws 1¥a0. ... o But & Quiticy 4439 17 B.. Chi b & Quincy Lst rel os 1971, o L1l gen 38 195 Western 4s 19ay Shi M v St Chi M & ST Pauiav as 2016 ChL Northwastern 8 s 1356, a4%0 Hatimay= o8 1924 CHCEA Ceeine cel 4m i988 L Chicano Lock Ixland 4 s Wi, JBiCiion Statiun s 1988 Chi Union Station 8 s |96, hi & Western tid Son 4s 1% Clev Cin Chi & St Louis 58 U. CUCASUL el 6 A 196y Cleveland Termanal b Colutado & Southe Cuba It It on 1952, Deolanare & Hudsol Den & K10 Grande con 48 1936 Den & K G West bo Lybb. Erie It con 4s 1998 Frie zen lien 4n 199 kriecy 4 A 1953 FlakCoxis a I'r ©Northern u,- 1ais . Gieal Nurthern cen o ns 1963 feat Nortnert in iv3e Hudson & A el o, Hudsun & Mannaita Lo Cential $94n 68, . .. ouus Liter Rapio Cransit on 1961 Lranait oy (s 1932, u Nt 401 6s 1952 hannan Natisas Cily Suuthern am 1360 ne Shute e 1uZ8 . Lake Shuie 4s 1081, Loiin % Nuah uni Luut Ml Elee Ity & Lt Lot rel on MBUP &SI M e 181 Mo Kan® L'ex tut 4 1930, , 310 Kan & Lox ud) s 1967, . Mo Kot & F'ex pi inon A 196 Min e « Siasouri Pacine be ¥ W Xurk Cent deb 4 1544 New York Cent cel iy os 2018, New L urk Centiar dut ke L4dh “w Hav bas a6l AN Moy den ke 1548 N Y Ky Ba 4 N Y West & Buston g 1948 Srfolk x Wosier i oot 4e 14 OrLivern Paciic dn 2uii T e asino ee 1y Notthern Pacifie o 1 2 NorUer s Facitio e ol 4n 120 Dre Wasn lat cel 4x 1481 eniay i Vania gen 4y (48, - lenuayivanie cen o SULY A b 10ty 104 Wity " Wiy 9l Y L& e Vi e 1eui it Gram AR S LAy e, AL M oSN ) e 18 UL & S0 A o8 0 4e A 1950 0010 0w 1YaY, RN SUL & dan b SUL & San Kran ine 4 1960, , SR CB Line diym 1381, Aealioacd Al Line ref 1469 Seatiard AT i ) om | Huabioara A Line o southern Pagifa av dnut sout douther J0uth Ity 180 om Lues ., Juuthern ity dev 6y e |l i Ave K ait) e 1 Iy Intbe 1UNE Wahaan (atin 1943 Watiahn be 197b. ., ... Wantern Maryland 4s 1963 Wesiern Pacife be 19 Weai Share 1at 40 4361 Cias vz LY REL T 1961, FIETATIY Wity . 10 W Helnnz 1eb 58 1931, .. 1007 ity 14 (e 100 Lihia o cel 68 19461000 (P13 P 10 ol uly 1oz 10 1y 106 Wi 100 X 'y a Ba'e it 1wty 1d 1061y Wiy e bite B W7ty 104 100%, i 1o 101 1o 100% 101 [ 1 1 1o’ 101 1 105" 104"y L0, 10008 i 13 00 [N 07 1164 o 07 108 o 1w " Trad 10 (IEN Declines Mark Active Trad- ing, Viewed as Corrective of Topheavy Speculation. By the Assor Pras of prices in today's stock market. Total sales for the two-hour sossion with the ticker 35 min- utes late in recording the final quota- ! tlon despite the abbreviated quotation system. to influence the selling movement, which was generaily accepted as a fur- ther correction of the top heavy sorcu- thack Discussed. While most obscrvers were agreed that the setback was warranted. sharp difference of opinion exists as to | 1 end of the Coolidge bull market. alona will supply the answer. As In the sharp break of yvesterdav csellinz pressure was directed chiefl against pool speclaltics. Offerings of dation of impaired marginal accounts had built up large paper profits. covering and possibly some “bargain hunting” tended to lessen the foree of th declining movement. Industrials and Rails Firm. Standard industrials, which have not been the objects of recent pool opera- | tions, offered good resistance to selling jpressure, as did the rafls. which had i been freely liquidated earlier in the year as a result of the poor earnings ! and troffic reports for the latter part | of 1927, Midland Steel Products preferred. | which advanced from 108 last April to 315 in December. broke 13!, points to 199 and then rallied to 202. |BUTTER STEADY TO FIRM O ALL GRADES OFFERED| Lighter Offerings and Slizhtly Im- proved Demand Noted in the Chicago Market. CHICAGO. February 18 9 —Lighter offerings of butter today and a slightly improved demand resulted in half-cent 2dvance on 92 scores arades. Recewers were asking prices and buyers inclined to take on soods. trade was not active. Supplies of lewer | arades were closelv cleaned up and in ~|good demand. Th~ centralized car were more market ruled apout steady with trade | { slow Tresh 92 score, 447, score, 437.: 89 seore 41' : 87 score, 40 Centralized 90 score, 44',: 427,083 scare, 41°,. WERGER PLAN OUTLINED. YOUNGSTOWN, bruary A).—A letter tn stockholders. written by J. A Campbell. president of th Younostown Sheet & Tube Co.. reveals that the merger of Youngstown Sheet & | Tube with In'and Steel will be a pur- chas= of the Westarn Tube. for a consideration of 1.200.000 shares of common siock of the Youngs- ovn company. With the lstter 15 sent natice of a special meeting of stockholders March 15. 10 ratify the purchase contract, in- crease the 1.000.000 shares of no par valus common stock to 2.000.000 shares and authorize issuance of an additional 1.200.000 sharcs : 91 score. 44: 90 | 4 88 score. 89 score. NEW YORK GRAIN MARKET. NEW YORK. February 18 (#).—Ryo— Steady: No. 2 Western, New York and 122 ¢ 1 1. export Barlsy—Steady: No. 2. 1083, c. New York. ! Wheat—Spot steady: Ni 1 Dark | Norihern §pnnk c.i.1 New York ali rail. 150',; No. 2 Hard Winter. f o.b. New \'nrk all rail. 1481 ,: No. 2 mixed Durum. do.. 1.36',; No. 2 Manitoba, do.. to arrive, 162 in bond Corn—Spot barely steadv low, c.1f New York. all No. 3 yellow, do., 1.117%,. Onts—Spot steady; No. L4 No. 2 yel- rail, 115: white, 677, COTTONSEED OIL PRICES. ! NFW YORK. February 18 1" - cottonseed ofl market was quiet and unsettled today. active months closin: 1 pomnt lower to 1 point higher principal’ feature of the trade was the seiling of Mav and July against purchases of March to undo hedges. The decline in lard was an- other unsettling influence, but was off- set by the steadiness of cotton and crude oil Sales. 14.500 barrels, prime crude, 775 prime Summer yellow spot 930, March closed 911 May 944 July 968, [August 981; . DRY GOODS QUOTATIONS. W YORK. February 18 (#) in wash fabrics was steady to day. with printed goods active. Gray goods were quiet demand Raw silk was bought steadily SiIk goods were in good demand. Bur- laps were unchanged. New lines of for Fall and trade in them 1= of mod- erate proportions NEW YORK LIVE STOCK. NEW YORK 18 | Beeves— Receipts, 12100 drregular Steers, 90001300 (o’ ehoice offered) . State bulls, 5004875 culls, 400a% 50 Calves— Recelpts, 800 Steady. V | common to prime. B00Q1850. lght- Pwetght culls, 10 00a11 .00 fod. 70089 00 Sheeps and lambe atendy Sheep, 2000300; amb. prime. 1350415 55 s Recelpts hum 15 50 February Receipts, 7,110 2507 00; culls State medium to culls, 90041000 1060, steady. Light welght, 875900 heavy | 89 PlRs. 9004935, roughs, | 7.001 SHOW RECORD EARNIN | NEW YORK. February 18 (1 An ! nual reports of Natlonal Liberty Insur- Co., Baltimore American Insur- and Peoples National Fire Co for 197 show record cornings for all (hree compantes known as the Natlonal Liborty group Surplis of Natlonal Liberty tnereased Earnings were equal to, a share Net surplus of Balti- more Ameriean Insurance gained $1.- 940107 and Peoples $1.177.250 after div idend payments OTIS ELEVATOR INCOME. NEW YORK February I8 (1% W Baldwin. chatrman, Otis Elevator o dooka for m o satisfactory business yeal Me expects the report for 1927 o show earnings of between $12 and [ $13 n share on 430,813 ahares ol com- mon tock. Net coms I 1970 was 55032 104, equal to 81358 & share on 4003 shares of common A stock div- tdend of per cent was paid i Febiuary, 1037 A shipment of 8300000 10 gold has heen aent to Buenos Alies by Guaranty “Trust O, NEW YORK. February 18.—-A new high record for Saturday trading was ! | established in the declining movement | Bonds (average of 40 issues) . Foreign bonds (average of 10 Tasu Federal Reserve ratio. . Money rates in New Yor €l . Time . Unfilled steel orders. . Pig iron production. . Building permits: Number of cities were | { 1,831,000 shares. against 1,603,000 on De- | cember 17 last. There was nothing in the day's news lative position created by pool manipu- {lation in recent months, | whether the current decline spells the | Tlmr H bear traders were swelled by the liqui- | and the profit-taking of investors who | Short | Baldwin | Locomotive fell 9 Dflln'< and rallied 1 i The market at | the advance ruled steady to firm on all | firm in their | although | firm by Shret & | ‘The | The | positions | September 9 85 Yarns were in light | wool and worsted goods are being shown | Krassers and | the ! rakes Amount vommercial fallures (R. Number Liabilities . “venue car loadings Al commodite: Grain and grain produc Coal and coke Forest products Miscellaneous pmd\l"'\ e ... 4 Live <l k CURB STOCKS DROP TO LOWER LEVELS t Downward Trend of Vahm Brings Losses, Due to Brisk Unloading of Securities. 5 Dun & Co Ry the NEW YORK. Fcbruary 18.— The downward trend of values was resumed {on the ecurb market today, embracing a long list of securities. Stocks of the | speciality type were the most conspicuous | losers, with leading issues down from |1 to 4 points. Market leaders were of- | fered as much as the others, It was plainly indicated -oon after the opening that a considerable number of traders were unloading rather hrav- apparently on the belief that rhey might buy back at reduced leveis. Bancitaly was offered for a loss of nearly 4 points in the first half hour This stock was one of the few which seored a gain at the close yesterda Embraced in the list of promincnt .d'(‘lme\ were Melville Shoe. United . ates Freight, Newmont Mining. Stand- !ard Oil of Indiana, which <old at a | pew low le Evans Loading shares | Sparks Withington. Midland Steel, Elec tric Bond and Celanese. Hardlv any signs of firmness were perceptible in any direction. Acsociated Pross Baltimore Markets BALTIMORE. February 18 (Special). —While receipts of white potatoes are generally light the demand is also light jand the market easy with values a | shade lower. For well graded round potatoes there is a fair demand at 1.75 Qm 2.00. per 100 pounds. and 3.00 to 3.75 per barrel. with No. 2 stock selling { mostly half price. McCormick and red potatoes not so desirable and prices have to be shaded on these lines mostly around 125 to 150, per 100 pounds. Demand for swecet potatoes and yams has eased off o some extent land values show a decline. Sweets are now soliing better than yams at 250 tof 325 a barrel. and yams o 3.25 a bacrel. while bushel hampers of both whites and yams sell mos:ly 65 to 165 A fairlv good demand prevails fo | native and nearbv garden truck. but it takes choice to fancy stock to bring top prices at the following quotations Kale. 40 to 50 bushel and 173 to 200 a barrel: onions, 175 to 2.75 per hun- dred pound:: oyster plants. 600 to 800 hundred: parsnips. 30 to 33 basket: savory cabbage. 50 to 60 bask turnips. 30 to 35 basket for washed and 20 to 25 for unwashed Closing grain quotations: Wheat. No 2 red Winter export. 148!,: No. 2 red Winter garlicky domestic, 148’ | No. 2, white domestic. 1.10: No. | tract export, 1.05':: cob corn. por barrel. Oats, No. 2 white domestic 64 to 65-: No. 2 white domestic, 63 to 64. Rye. nearby. 1.00 to 1.10. | Cattle Market Steady. | The general live cattle market holds steady under light reports of first qual- ity stock. but ample of common to ordi- | nary cattle, which is <low sale at in- | side prices. Choice Spring lambs scarce | and wanted at full value. ! Quorations | Besf cattle first [ to 13; common to medium. 6 to 10 bulls. as to quality, 6 to 8'.. Cows choice to faney, 6 to 8. common to fair, 3ws Oxen. as to quality. 3 ta & Calves, veal. choice. 15 large. fat 2 to 14: large, rough. 8 to 10: rough and common. 7 to § ep. choice. 5 to 6 Lambs, Spring. choice fair to good. 10 to 12, T8 Hogs. siraight, 8 to 87, stags, 4 0 8 Live pigs, 10 to 13: shoats. 8 10 9 Market for dressed hogs and co v at the following quotations light weight, pound. 11, me- dium, 10; heavy, 7 to 8. country lard. prime white, 11: dark or brown. 8 to 10 123% 1. o. b.| quality. pound. 12 old bucks 4 131 to common L sows, 610 7 Egg Prices Decline. Receipts of native and nearby c&es have been libera! the past week. .nd | with more free offerings on the egx ex- change the market eased off the latter part of the week. with values showmng A decline of 4 cents & dozen on flists and from 2. to 4 cenis a doren on cur- rent receipis. The market is more or {less uneattled. whieh is not unusual at Ms time of the vear. and it takes well esh lafld stock to bring top Hence. prompt shipments and ul grading Are advisable in order 10 realize best results The market closed today at 337, cents a dozen for frsts i free casos and 281, to 821, & doren for current receipts i free eases Live Poultry Quotations. With the excention of old hens which continue casy, the live poultey. market holds steady, with values showing little change trom last week A fairly pood | demand prevails for large fat stock. out poor, thin fowl moves slow at tnside | brices. Young hen turkevs, & pou and over. bring 43 to 43 cents & pound jand young gobblors 10 pounds and lover. 33 to 28, but old tams are slow sale at 32 (o 35 while poor and croosed Ibreasts are neglected at 23 Wint Iehickens, 2 pounds and under. are | scarce and wanted at 38 to 40, while [ large, smooth. (at voung chickens bring [ 32 und 33, but Leghorns are not worth over 27 and 28, and all poor thin fowl Is slow sale at W 22 Capons con- | tnue in good demand at 35 o 38 e | laree fat birds. but small fowl not so desivable at 28 v 30 Demand for old hens has eased off o a large extent and ! |1 takes deairable fat stock 31 pounds and over (o bring 24 and 23 while witt lizhter fowl as well as Leghorns §i 1s ! | more & question of buyers than prtce | [aE 20t 32 Ol vwters wmple end | draggy at 15 wnd ‘6 Demand good [ttt ducks, 4 pounds and aver Vhieh are i only moderate receipt and ]Illl‘ll With ready sale aé 23 to 28 but [ small and poor fowl moves slow at 20 0 32 Quinea fowl Al pigeons con- tued 0 xood request at 40 Lo 83 each [ tor the farmer and 30 o 33 paid for the latter | While the market for diessed poultey tnder the ccoler weather prevailing holds generallv steady. there are only a | few lines which will bring a premivm aver live stock Capons and ducks are the two lines and these sell mastiv tom TS cents A pund over live, but 1t cholee to faney stock to biing | Hyia Brenium. | ’ $261.758.766 reports) : . 847634411 Week of Fzb. 4. 1923. Previous week. Year ago. This Week. Last Week. .. 9269 92.80 . 106.97 107.07 Last Week Year Ago, 74.1 8.4 This Week. f.ast Week. 41410 41, 4 104 4!z to 45 475 to 47, Month ot Month of Dec..1927. Jan. 1927 3.972.874 3.800,i77 86,969 100.123 51 $280.305 016 This Week. 7.0 Month ot Jan.. 1928, 4,275.947 92,573 499 130,231 517 2.162 A2,253 2.643 2,465 £5 $51.290 232 2.84 137.123 66.087 311,645 7.607 32719 965.664 60.696 FIRMNESS SHOW INWHEAT MARKET Trading Light. However, and Price Range Narrow—Corn Trading Choppy. Speetal Dispaten e sta CHICAGO. February 18 —Wheat played an undercurrent firmness mo: of the session today, although trade was light and price range narrow. A slight dip In opening prices was ths result of selling by Northwest houses but locals bought against sales of corn presumablv back spreading. and later investment buying developed on reports of flour sales amounting to 250.000 to 300.000 barrels to New York buyers Buiges failed to make much largely because of failure of buy follow the advance. The ciose was higher and for the weex 174 to 2 higher. Mprch. 1.32%.a1.321,: May, 1.327:a132 July, 1.29°a1.293,. Short Covering Develops. Wheat was higher for the week. due largely to the short covering on rumors of big sales of Canadian wheat and flour to Russia. which later were denied Corn showed some gain on aggress local buying Broomhall says that while sales of wheat and flour to Russia are beinz denied. it is a fact that stocks of flour in the principal cities there are and with coun deliveries small it more than possible that Russia w! have to buy foreign flour before tr season is o The Russian crop is officiall set at 64.000.000 bushels smaller than last year but the rve crop is 68.000.000 bush board reported a fair Domestic shipping sales were 15 ooo Corn Trade Mostly Local. _Cern was choppy in trend and trade almost entirely I Support was u covered on 2 sales we prices were I, week 1'g to 21 to 1, Mav. { o. b The countrs 1o arrive and the price i followed wheat and corn clm“: prices were 1y Jower to ! nigh week . lower to !, 547, Mav, 55°.a353, July. Ping sales were 18.000 bushels. Provisions wers quiet and ea selling by Eas unchanged to 31, COFFEE QUOTATIONS. Rl A EW YORK. P!bn ary futures were quiet today tions irregular. but tendency lower und: £ or evening up opensd 2 to 5 pain: o to 14.10 and clos losing net v ts lower. Bantas co 15 potnts I 10.000 18 —Coftee with fluctua- he general price week end rea: Rio lower. po 4 t0 Rio Quata 1414 Decembe: Santos—Mareh Sentember. 1 POt coffee +1 Santos id freight off 2160 to0 21 There Untted & The Connecticut Mutual Life Insurance Co. OF Ihe aldest 104 wmast canaers t e Furnishes and anpuities e Insurance Fraw Ketates E D Sampeon, Geneeal Agzent 1N Woodward Bldg I Prompt Replies to Applications JAMES F. SHEA 643 Louisiana Ave. N.W. 3 Wright, Slade & Co. 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