Evening Star Newspaper, February 1, 1933, Page 14

" A—14 FINANCIAL REDUCED INTEREST RATE IS ORDERED ¥ WASHINGTON, D. C, NESDAY, FEBRUARY 1, 19 TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. NCIAL STOCKS IRREGULAR s Jndividunt sales are net siven [l leg NOTE-Today's individual sales are mot given in this edition. -Today's individual sales are mot given in this edition. Clearing House Association . Cuts Payment on Deuosits to 12 Per Cent. BY EDWARD C. STONE. ‘The Washington Clearing House As- sociation has reduced the interest rate on demand deposits in local banks to one-half of 1 per cent, the new ruling going into effect today. Up to today the prevailing rate had beea 1 per cent. Reduction to one-haif of 1 per cent! follows similar action taken by the New York Clearing House Association a few days ago whed the same cut was | adopted and is the same rate that now is in force in many other large cities in the country. The present condition of the money market is the reason given for adoption of the lower rate. Banks are finding difficulty in putting out their money at a sufficiently high rate to warrant the continued payment of 1 per cent, bankers state, until present conditions improve. Up to July 1, last, the rate paid here was 2 per cent on these checking accounts. The new rate has nothing to do with saving deposits in any . Notices | of the change have b2en sent to all members and ascociate members of the Clearirg House As ation, by the sec- T, Victor B. Deyber ngs Depo: Gain in D. C Scme interes e3 are chown summary cf the condition of all banks, as of December 31, 1932, the date of the last call, pre- sented by the controller's office of the ‘Treasury Department On that date 34 local banks owned United States Government securities ag- gregating $59,709.000. compared with $62,041,000 on September 30, 1932, and the much lower figure of $53,085,000 on December 31 of the previous year, an increase of $6.624,000 in the 12 months. Another interesting item covers cash in the vaults of local banks. On De- cember 31 last cash in vaults totaled $8,239,000, in comparison with $8,181,000 on December 31, 1931, another gain dur- ing the year. The statement shows that Washington banks had total re- sources on December 31 of $316,263,000. The local banks have a total paid-in capital stock amounting to $22,815,000, the same as on September 30. The kanks here have reserve for contingencies High. 515 54% 10% 10% 644 1% 13% 1% in this edition are Bale: Stock and Dividend Rate. 415 Adams Expres 50 Adams Exp pf (5 8 Addressograph. 9% AMiliated Prod 1. 58% Air Reduction (3) 1% Airway Elec Appl. .. 111 Alaska Juneau(60c). 1 Alleghany Corp..... 213 Alles Cp pf $40 ww.. 214 Alleg Co pt $30 xw. . 80'; Aliled Chem & D (§). 118% Allied Chem pf (1) Allls-Chalmers Mf; Amerada Corp (2)... Am Ag Chem (Del).. Am Eank Note. . . Am Brake Sh&F (60c; AmCan (4)......... 4 Am Car&Foundry pt. % Am Chicle (t3)...... Am Comc'l Alcohol. . 4+ Am & Foreign Pwr. . 2m & For Pwr pf(7). « Am & For Pwr 2d pf. Am Hide & Leather. . Am Home Prod 4.20. Am IceCo.... Am International. Am Locomotive. Am Locomotive pt 4 Am Metal pf.... Am Fower & Light AmP&LtDf A (2% Am Pwr & Lt pt (3). Am Radfator........ Am Rolling Mills. ... Am Ship & Com..... Am Shipbuilding (2). Am Sm & Ref... Am Steel Foundry Am Stores (1234). : Am Sugar (2). Am Sumatra Tob. Am Tel & Tel (9) Am Tobacco (5).. Am Tobacco (B) (5). Am Tobacco pf (6).. Am Type Founders. Am Tvpe Fdrspf..., Am Water Works(1). Am Wat Wks ctfs(1) Am Wat W 1st pf(6). Am Woolen . 3 Am Woolen Anaconda Copper-. ... 41 Anaconda Wire & C.. _ 9 Anchor Cap (60c)... 41 Armour of Del pf(7). 1% Armour of 111 (A). %y Armour of Ill (B)... 713 Armour of Il pf. ..., Arnold Constable. ... Assc Dry Good 4 Asso Dry G 1st pf Atchison. Atchison pf (5). Atlantic Coast Line. . Atlantic Refining(1). Atias Powder. ...... 45 Auburn Auto (d4) @ 8 a i - - RS BB e NN I i N e O 4 0 0 B N Sales of each stock i —Prev. 1033— Stock and Low. Dividend Rate. 20% 18% Fourth Nat Inv 1.10., 25 1% Fox Film (A) 26% 2215 Freeport-Te: 2) 9 __ Fuller Coprpf. . 16% Gen Am Tank Car(1) 6% Gen Asphalt. . 13 Gen Baking (2) 8 Gen Cable pt. % Gen G&E cv pfA g6.., 10% Gen G&ELpf A (7). 2% Gen Motors pf (5). 2% Gen Outdoor Adv..., 2% Gen Public Service. 13% Gen Ry Signal (1). 17 1 6 5% Glidden Co. 14 Gold Dust ( 4'3 Goodrich (B F) . 14 Goodyear Tire&Rub.. 36 Goodyear 1st pf (7)., 12 Gotham Silk Hosiery. 1% Graham-Paige. & Grand Unfon. 123 Granite City Steel(1) 18 Grant (WT) (1)..... 7% Great Northern pf. 7 Great West Sug 1 Grigsby Grunow.... 31 Gulf Mobile&Nor pf. 9 _Gulf States Steel.... 12 Hahn Dept Stores pf. 6913 Helme (GW) (17)... 16 Hercules Powder 1% 2 Hershey Choc (5) 4 Hershey Choc pf( Holland Furnace. Homestake Min (9) . Houdailie-Hersh (B) Houston Ofl 3% Houston Oil (new). T Howe Sound (40¢)... 15% Hudson & Man (2%). 5% 4% Hudson Motor Car. .. 14% 11% lilinois Central 20% 18 Illinois Central pf. 2 1% Indian Refining.... 35% 28!3 Industrial Rayon 3% 214 Inspiration Copper. 4'3 34 Insuransh Del(15¢).. F1l1 % +1| les— Add o‘o High. 6 100s 13 T ® o o PO 0000 b i 0 Bt 00 1O 82 1 G0 g 00 O i 1 1O 88 58 12 €100 1 00 08 = C1 2 b > ® 213 1% Insuranshares (Md). 690s 5% 4% Interboro Rap Tran 1's 1% Intercontl Rubber. 97's 89 Int Bus Mach () 3% 27 IntCarriers Ltd 20c. 8 Int Cement. Int Harvest 80 Int Harvester pf (7). 6 Int Hydro-Elec (A).. 814 Int Nickel of Can. an Int Paper pf. .. % Int Paper & Pwr (B). 9 25% 83 19% IOTE—Today’s individual sales are mot gi in this edition. X in'this edition o Trom yésterdaz's paver. (s- Ne [E SRR SR 17 1% 3% T 32% 28 13 21% A2% 857% 8% Stock and Dividend Rate. Radio Corp.. z 14% Radio Corp bf (A)... 8! Radio Corppf B..... 1% Radic-Kelth-Orph. .. 6'a Raybestos-Man (60c) 24% Reading Rwy (1).... 25 Reading Ry 24 pf(2). 6% Real Silk Hoslery. .. 3'% Remincton-Rand 5% Republic Steel 8 Revnolds Metals(1). 60 Reynolds Tob A (3).. 26! Reynolds Tob B (3). 4 Rossia Ins of Amer.. 19% Roval Dutel 39 Safeway Stores (3).. 5 Safeway Strs pf (6) @ ars Roebuck Servel Inc. .. Sharon Steel Hoop rp & Dohme attuck (FG) (5 Shell Union Oil. Shell Union Oil pf. Simmons Co. ... mms Petrelm (25¢ eily O1l. Skelly Oil pf ww. Snider Packing cony Vacuum 40c. Port Ric Sug 1.6¢. So Port Ric S pf(8).. Southern Cal Ed(2 Stand OILN T (1). ling Secur pf. Stewart Warner Stone & Webster. Studebaker Corp. ... Studebaker pf. ulph (2).. 2 0al1&Oil. Tex Pacific Land Tr.. of each stock in this edition are from yesterday's paper. X Net. . High. Low. Close. Chge. % 4 g S AR Tunmame o [T NMRrmaNBON ~Prev. 1 . Lo 5% 1% 25% 8 9% 1% T4 291 28 1% 1 102.) 101 4'x 3 14% 8% 77 d - Bales— Dividend Rate. Add 00. High. Unfon Bag & Paper. . Un Carbide & C(1.20) Un Ol of Calif (1). Union Pacific (6). Unit Aircraft. Unit Carbon..... Unit Cigar Stores. Unit Corp (40c) Unit Corp pt (3). Unit Electric Coal Unit Fruit (2) Unit Gas&Im (1.20)., Unit Gas&Im pt (5).. U S &Torn Secur. 4 USG % U S Indus Alcohol. U S Leather (A). U'S Pipe&Fdry U S Pipe 1st (1.2 U S Rubber. .. U S Rubber 1t pi 4 US Smtg & Ref ( uUs Steel. U S Steel pf (2) U S Tobacco (4.40) United Stores (A). Univ Leaf Tob pf(8). 15 10% Univ Pictures 1st pf. % % UnivPipe & Rad..... Util Pwr & Lt (A). B % Vadsco Sales Corp... 11% Vanadium Corp...... Va Elec&Pw pf (6) 20% 16% Vulcan Detinning 2 1% Walworth Co. % Ward Baking 114 Warn Bros Pictures. 313 Warren Bros........ 8% Wesson Oil & Sn (1). 38% West Pa Elec A (7) 4913 West Pa BIpf (7)... 98 5 5 West Pa Pwr pf (6). v ern Md 2d pf. tern Pacific Western Union Westinz'se Air E Westinghouse Elec. . Westinghse 1st (334) Westvaco Chlorine. . White Sewing Mach. Wilcox Of! & Gas Wiilys-Overland. Wiison & Co. .. Wilson & Co (A). Wilson & Co pf. % Woolworth (2. : Wrielev (Wm) (3) 12 Young Spring&W (1) 9% Younszstown Sh&Tu. 4 Worthington Pum Now Truck. : 3 Zonite Produets. .. .. 4 Saies of Stocks on New York 10:30 A M. 1:30 P.M. Dividerd rat Pt | payments based on the “Unit of 120,000 . 480 990, in the above table h t qusrterly or half-yes { trading less than 100 shares. tPartly ext @ Paid this year—no regular_rate. b Payable NOTE— Sales of each stock in this edition are from yesterday's paper. o Stock a Ne —% + 3 12 -2 3% — u| 614 — % | were all weak, more 000 000 Plus n IN LIGHT TRADING Steel Dividend Cut Causes Only Slight Recessions in Other Groups. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, February 1.—Consider- |ing the overnight news, the stock market | gave a good account of itself today. It | received calmly the unexpectedly large cut in the dividend in United States Steel preferred and, while there was ., | some selling in the steel stocks, the rest % | of the list was not materially unsettled thereby. The greatest interest attached at the opening to the market for United States .| Steel. On the Pacific Coast yesterday | after the dividend news had come out, | the preferred sold down some 4 points from the New York close and the com- mon down almost 2 points. The first sale today on the Stock Exchange was | at 5715 for the preferred, off 4'4 points, |and at 27 for the common, off 11 points. There was no large volume in either issue and after the initial trans- actions, prices rallied. | In the rest of the market American Telephone was depressed on suggestions that directors of that corporation at their meeting on February 15 might | follow the example of United States | Steel. Other active industrials were off a point to fractions but all without any increase in activity. After the first hour the shares moved up in response to the testimony of Joseph Eastman, Inter- state Cocmmerce Commissioner. before a | Senate Committee. For a time there was brisk buying of Chesapeake & Ohio, Delaware & Hudson, New Haven, and Louisville & Nashville, the latter setting a new high for the movement, These gains, however, were not entirely :)II:: and the LX{nflrke! had another re- | lapse as weakness appear ‘puglxc ulmiues. PR e onsolidated Gas was freely | North American, Public Sersice of R railway | Jersey, Columbia Gas and the other | once popular members of the group or less. The exe 10% — % | cuse given was prospect of rate cuts, voluntary or forced. Concern was ex- pressed over the dividend outlook in | 8 number of cases and, as always when | the market is reacting, many other un- | favorable stories were dug up. Just _before noon it was announced t i = 613 Avation Corp (Del).. | that Standar New Jersey amcunting to $1.821,000, against $1, 2 B ola ANarIOR ConD (e e Jat Peiate IRE DT B). ¢ Pavable in cath: or stock. T EIe 8 a st nn; 'd Oil of New Jersey had 398,000 following the September condi- tion call and $1,689,000 at the end of the previous year. Time deposits, including postal sav- ings deposits, were larger than a year 220, being $114.957.000, in ccmparison with $114.404,000 on December 31, 1931. Tota! deposits as evidenced in savings passbooks also revealed a gain during the year. On December 31, 1932, these deposits totaled $101,715,000, against the lower figures cf $101,527,000 on the last day of 1931. e wafhi ton for many months. In spite of a lower Government pay roll, savings have displayed surprising steadiness, the situation often drawing most favor- able comment from the city’s bankers. It is predicted that the coming swing back to more normal economic condi- tions will see a constant climb in sav- ings accounts, so often called ‘“the backbone of family prosperity.” Bache Office Is Opened Here. Business in the brokerage office cn the ground floor of the Washington Hctél opened today under the manage- ment of J. S. Bache & Co.. New York Stock Exchange firm, succeeding M. J. Meehan & Co ., another Exchange house which has ccnducted the office for the four_years. Franl: F. J. Thiel, who was manager of the former office, is in charge of the branch house under the new manage- ment. No change was made in the perscnnel and the day’'s business was moving along to all outward appear- ances as if there had been no shift cn the New York end of the private wires. Jules S. Bache, who founded the brokerage house back in 1892, was in Washington for the opening. The vet- | eran broker was on his way to Palm Beach to spend a few weeks at his Winter hcme. Another partner in the firm, who dropped in teday to look over the cffice, was S. M. Ottenberg, also from New York. i Both officials expressed the cpinion that the office here is cne of the mcst attractive of the 29 branches which are scattered all over the Eastern part of the United States. Bonds Leaders on Exchange. Bonds again led trading on the Washington Stock Exchange today in a quict session The new Washington Gas Light 5s appeared in the main list for the first time, following their listing by the board of governcrs yesterday. They were transferred from the unlisted de- partment Four $1,000 sales in this new issue were recorded, all made at 94%;, the price at which they changed 2 vesterday. This is also the price at which the bonds were originally of- ngton Railway & Electric 4s appeared on the board in a $1,000 sale at 91% and a small Washington Gas, A, bond moved at 100;. On the ide, 2 small lot of Potomac Elec- per cent preferred changed hands at 1071a, A glance at January shows that busi- ness on the local exchange was more than double what it was a year ago, an encouraging sign to say the least. The popularity *of the new $8,500,000 gas issue was largely responsible for the gratifying improvement. Heard in Financial District. Hanry S. Baker of Washington and Charles Town, W. V.. has been appoint- ed supervisor of the Washington office of H. R. Bryarly & Bro., general man- ag Home Life Insurance Co. of New York. Mr. Beker is a native Wash- ingtonian and was connccted with the local agency of the Mutual Life In- su; e Co. of New York as supervisor for 10 years before making his present agency connection. The market value of 100 representa- tive common stocks increased 3-10 of 1 per cent in January, from $9,067,062,000 on December 31 to $9,095,274.000 at the end of the month, according to Frazier- Jelke & Co. Eight of the thirteen sub- groups constituting the index advanced, while five declined. The largest gain was $98941,000 in the rails and the largest loss, $82,682,000, in the utilities. Dividend checks were mailed today to 56,000 stockholders of General Foods Corporation, according to C. M. Chester, president. This number represents a gain of about 130 per cent since Oc- tober, 1929. The average individual holding of the stock is now 94 shares. POTATO MARKET. CHICAGO, February 1 (#) (United States Department of Agriculture) — Potatoes, 66; on track 219; total United States chipments, 616; dull, demand slow, supplies liberal, including truck Teceipts; sacked per cwt.. Wisconsin round whites, 65a70; mostly 67)2; un- classified, 60a62; Colorado McClures, 1.15a1.20; Idaho Russets, 1.10al.172; few fine quality, 1.20a1.25. Retail Sales Gains. CHICAGO, February 1 (#).— The *Chicago Association c¢f Commerce in its report of business for this area noted during the past weck that former gains in retail sales were maintained with larger sales in & few lines, slight*ex- pansion of steel operations, a gain in wholesale distribution of automobiles for the second consecutive month, a marked pick-up in the typewriter busi- ness and seasonal improvements in the paeking plants, 15 464 10% 3 10% 13% 3t 38% 41% 106 61% 413 Baldwin Locomot. .. 11 Baldwin Locomot pf. 8% Baltimore & Ohio.... 1013 Baltimore & Ohio pf. 72 Bamberger pf (6%3).. 20 Bangor & Arostk(2). Barnsdal! Corp. .. Bayuk Cig 1st pf(7). 4 Beatrice Creamery. Beatrice Crm pf (7).. Beech-Nut Pkg (3).. Bendix Aviatio Best & Co. . Bethlehem Steel. ..., Bethlehem Steel pf.. Bigelow-Sanford. ... Boan Alumn & Brass Borden Co (1.60).. Borg Warner Briges Mfz Co. 814 Biigss & Strat (1 2513 Bkyn Manhat Tran. 70 Bklyn Man Tr f (6). 77% Bklyn Union Gas(5). 15 Bruns Term & Rwys. 3 Bucyrus-Eriecvpf.. 3% Budd (EG) Mfg pf.. 1% Budd Wheel.... . 1x Burns Bros (B) vtc.. 73 Burroughs AM(40c). 25 Bush Terminal...... 7 Bush Term'l deb stk. 15 Bush Terminal pf(7) 1'% Butte & Superfor.... 12% Byers (A M).... 461 Byers (A M) pf (7 8%, California Packing. . 2% Calumet & Hecla. ... 3 Campbell-Wyant Fy. 8% Canada Dry G A(1).. 101 Canailan Pacifié. ... Cannon Mills (1) Capital Admin (A) Case (J 1) Co... Case (J 1) Co pt (7). 4 Caterpillar Trac 50c.. Cent Aguirre (1%).. Cerro de Pasco. z Certain-teed Prod. Ches & Ohlo (23)... Chesapeake Corp (2) Chi Great Western. . Chi Great Westn pf. . Chl Mil StP & Pac pf. Cni & Northwestern. Chi & Northwest pf.. % Chi Rock I & Pac.... Chi R [ & Pac 6% pf. 5 Chi RI1& Pac 7% pf. Chiids Company.. Chrysler Corp (1). ... City Ice&Fuel pf 6%. % City Stores. . . 114 City Stores (A) 4 Coca-Cola Co (1) Coca Cola (A) (3). Colgate-Palm-P (1).. 79% Colg-Palm-P pf (6).. 4 Collins & Afkman. Colo & South 1st p 4 Columbia Gas (b1) Coluinb Gas pf A ( 5 Columbia Pic ctfs. % Columb Carbon (2).. Commercial Credit. .- 4 Comel Cred 1st(634). Comecl Inv Trust (2). Comel Inv Tr pf 6% . Comcl Iny cv pf(e6). Comecl Solv (§0c) 4 Comwlth & South Comwlth & Sou pf(6) 4 Congol-Nairn ($0e: Consol Cer pr pf 6%. Consol Cigars p£(7) . Consol Film. .. 6 Consol Film pf . 56% Consol GasN Y (4).. 97%4 Consol Gas NY pf(5) 4 Consdl Laund 50c. ... 3% Cont! Baking (A)... 3814 Contl Can (2). . 1473 Contl Insur (1.20) 2 Cont’l Motors. 514 Contl Ofl (Del)... 52% Corn Products (3) 3% Coty. INC..coveacnns 247 Creum of Wht(12%). 2% Crosley Radfo....... 16' Crown Cork & Seal. . 251% Crown C&S pf (2.10). 221 Crown W P 1st pf(4) 17% Crucible Steel pf. 5 Cuba Co.... - 10 Cuban-Am Sugar pf. 9% Curtis Publishing. .. 407% Curt!s Publish pf(7). 2 Curtiss-Wright..... 27 Curtiss-Wright (A). 601 Cushmans pf (8). ... 3% Davison Chemical. .. 7% Deere & Co (20c).... Delaware & Hudson. Del Lack & Westn. .. Detroit Edison (6). 4 Diamond Match (1).. 4 Dome Mines (11.30) . Dominion Stores 1.20 4 Doug Afrcraft (75¢). 4 Dresser (SR)Mfg(B) Drug Corp (4) Dupont de Nem . 102% Duvont deN db pf(6 54 Eastman Kodak (3). 17% Elec Auto-L (1.20).. 8614 Elec Auto Lite pf(7). 1 Electric Boat. 13 Elec & Musical 5% Elec Pwr & Lt.. 14 Elec Pwr &Lt (2) 15% Elec Pwr&Lt pf 2.33. 23% Elec Storage Bat (2). 291 Endicott-Johnson(3) 28 EnzPSpfww (5%). 5 ErieRR.... 5% Erfe R R 1st of. 413 Eureka Va Clean 42 Fed Lt & Trac pf (6). '3 Fed Water Service A. 15% Fidelity-Phoen 1.20.. 12% Firestone T& R (1).. 51% First Nat Strs (2%).. 7% Florsheim Shoe (A) 8 Foster-Wheeler. 2 » @ oeEHowaBnBolnmnanRaan 8 Sac n3Brwanan - €005 it i ca e BB VRS PRI 4 18% Int Salt (1%3) 274 Int Shoe (2) 813 Int Tele & Teleg. . - 25 Intst Dp St pf xw(7 1'a Jowa Central R R 14% 13 Island Creek Coal 28% 19% Johns-Manville.... 59 Johns-Manv pf (7).. 36 Jones & Lauch pf(1) 10% 7% Kansas City Southn., 3% 3% Kaufmann Dept St 2 113 Kelly Spring Tire 10% 8% Kennecott Copper... 10% 8% Kresge (SS) Co (1) 29 27 Kress (S H) (f1) 18% 165 Krozer Grocery (1).. 3415 28% LambertCo (4).. 65 147 FEFEE 10% Lehigh Valley R R. 47% 414 Lehman Corp (2.40). 18% 17'3 Lehn & Fink (2). 6% 6 Lihbey Owens Gla: 62 50 Liggett& Myers(t5) 63% 514 Ligg & Myers B (15). 129 123 Ligg & Myers pf (7). 147% 12% Liquid Carbanic..... 21'3 15'% Loew’s, Inc (3).. 56'3 51 Loew'sIncpf (6%) 313 2% LoftInmc........ 1314 11% Lorillard (P) (1.20).. 19% 18 LouGas&ElA (1%). 28% 21% Louisville & Nash. 17% -16% McCall Corpn (2) McGraw Hill Pub. ... 21'% 18% Meclntyre P M(t1%4) x 44% McKeesport T P (4). 5 McKesson & Robs pf. % McLellan Store : 16% Mack Trucks (1). 27 Macy (RH) & Co 6% Magma Copper (50¢) 1 Mallison & Co Manhat Elev mod gtd 2 Maracaibo Oil Exp... Marine Midld (80c).. Marlin-Rockwell(1). Marshall Field & Co. Mathieson Alk (1%). May Dept Stores (1 Melville Shoe (1.20 4 Mengzel Co... Mid Continent Petm.. Midland Steel Prod. . Midland Stl 1st pf(8) Minn Moline Pow... FEFEE Rr2 I8 e L ++ 11 FEEE FEPE FEEFE Mo Kan & Texas..... Mo Kan & Texas pf Missour] Pacific. ... Missouri Pacific pf Monsanto Chem 1% .. % Montgomery Ward Motor Products 4 Mullins Mfg. Mutlins Mfg pt Murray Corp. ... 4 Nash Motors (1). Nash Chat & St L t Biscuit (2.80). Nat Cash Reg (A). Nat Dairy Prod (2) Nat Distillers. . 4 Nat Lead pf B (6). Nat Pwr & Lt (1) Nat Steel (50c) Nat Supply Co. Nat Supply pf. Nat Surety. Nat Tea (60c) Newton Steel N Y Central..... N Y Chicago & St L. 1L+ L F N Y Steam pf (6) 19% 17% Noranda Min (al. 124% 114 Norfolk & West (8).. 83% 78% Norf & Westn pf (4). 74 5% North Am Aviation.. 26% Nor Amer(b10 % stk) 43% North Amer pf (3)... 68 North Am Ed pf (6). 6'5 North German Lloyd. 13 Northern Pacific. 6% Ohio Gil (a50c) 1% Omnibus Corp. 64 Omnibuspf A (8). 10% Otis Elevator (1) 9815 Otis Elev pf (6). 3 Otis Steel 7 Otis Steel . 3315 Owens 11l Glasm(2).. 287% Pacific Gas & El (2).. 36% Pacific Lighting (3). 77 Pacific Tel&Teleg(7) 2% Packard Motor Car.. % Paramount Publix. 1% Pathe Exchange (A 20 Penick & Ford (1)... 2413 Penney (J C) (1.80). 90 Penny (J C) of (§) 3% Peun Dixie Cement. . 13% Penna RR (h50¢).... 63 Peoples Gas Chi (5). 5% Pere Manquette..... 6 Pere Marquette pr pf 4% Petrol Corp of Am... 4% Phillips Petroleum. . 14 Plerco Ofl..... 4% Plerce Ol1pf.... % Plerce Petroleum. % Pittston Co.... " 8% Plymouth Oil (1).... 2% Port Ric Am Tob(A). 5 Postal Tel&Cable pf. % Presced Steel Car. 23 Proctor & Gam(1%). 51 Public Sve N J(3.20). 84% Puvlic Sve NJ pf (5). 97% Public Sve NJ pf (6). x 491% +1%! 112% 105'% Public Sve NJ pf (1), 2% — 1| 125 123% Public Sve NJ pf (8). 17% — %! 103% 102 Pub Svc G&E pf (5).. iz% — %| 23% 18% Pullman Corp (3).... 1% — % 3% 3% PureOil..... % a 85 Pure Ofl pt (8) . 8% +.% 208 5 108 508 2 30 12 1 3 12 11 1 47 3 i MStP &S S MIsd(4) 6 ‘.7 Purity Bakeries (1)a . sl 2 e FFAREAET LA o] VEL R e Special White onions, bushel, 10a12; cound, pint, Tal2 oranges. half box, 1 chickens, thin, 8a9: old 2 Eggs—Receints, receipts. 131:al4, Butter—Gond to Dispatch to BALTIMORE, potato , 1.50a 19a15 . per 100, 1.0°a1.50; per 7 3.00a3.50: pea ppers, bushel, 25; turn bushel wherrie: tangerines, hens, pound. old hens, 112 old roosters, guinea fowls, each 5a20. 1,963 cases; fanc; 18a20; ladles. 14al5; 2| packed, 10; process tutter, 17. -2 Hay and Grain. Lezhorns 9al12 15a40; current creamery, store K 2% in stock. 1 Plus Stock. m Paid o Payable in serin $1 1n special preferred stock. k Plus 3% in Jast year—no regular rate. nPlus 5% in stoek. ‘ lWashington Produce WHCLESALE PRICES. Butter—One-pound prints (83 score), tub, 21; one-pound prints (92 ! score), 22, tub, 20: one-pcund prints (91 score), 21; tub, 19; ocne-pound prints (90 score), 19; tub, 18. Eggs—Hennery whites, 13al4; current receipts, 12a13; Government graded ex- tras, standards. 17; mediums, 15. . alive—Turkeys, young hens, young toms, 14215; old toms, . young tcms, over 20 pcunds, 11; | old hens, 10a12; chickens, Plymouth Rock broilers, 15a17; Plymouth Rocks, 4 pounds and over, 15a17; under, 12a13; 2.0.23.00; mixed colored chickens, 13al5: Leg-|gjqq. ' orns, 10a12; colored hens, 13a15; Leg- | faros h horn hens, 8al0: hens, 4 pounds and | over, 12a14; cap:cns. lirge, 17a19; small, | 15a16; keats, old, 20a25; young, 25a35; roost:rs, 7a8. Poultry, dressed — Turkeys, young heps, 19a21; young toms, 17al3; old toms, 11a13: old hens, 13a13; chickens, Plymouth Rocks, 4 pounds and over, 18a21; under. 14al5; Plymouth Rock broilers, 18a21; capons, large, 21123, small, 17a19; mixed colcred chickens, 14al5; Leghorns, 14; roosters, 10al2; hens, 4 pounds and over, 15al7; keats. young, 20a30; old, 15a20. Meats—Beef, 10; veal, 12; lamb, 14: | pork loins, 10: fresh hams, 10; smcked | hams, 12; strip bacon, 13; lard, 7!2; \ | oranges, 2.75a4.25; lemcns, 3.5024.50; | srapefruit, 2.50a3.00; bushel baskets, | tangerines, 1.25a2.00; baranas, 150a 250; rhubarb, 5-pound .boxes, 50a60; | strawberries, crates, 5.0026.00; Spanish melons, 6.00a7.00; honeydews, 3.0024.00; grapes, 2.00a3.00. Vegetables—Potatoes, Maine, 1.25a .35; New York, 1.15; Idaho bakers, 1.75a2.00; Florida, new, bushel, 2.00a 2.25; sweets, 50a75; turnips, 40a50; parsnips, 1.00; salsify, per dozen, bunches, 60; spinach, 50a75; collards, 25; kale, 30a40; cabbage, new, baskets, | 50a1.00; old, sacks, 65aT: string beans, 1.50a1.75: limas, 4.00; peas, 3.00 a3.50; lettuce, iceberg, 3.25a3.75; pep- pers, 1.25a1.50; squash, 2.50a3.00; beets, 2.50a2.75; carrcts,” 2.50a2 | 1.50a1.90; mushrooms, 65a90; broccoli, 12.5023.00; eggplant, 2.5023.00; corn, tomatoes, originals, 6-pan con- tainers, 2.75; repacks, 2.50; Cuba, 30- pound containers, 2.00a2.50; asparagus, dozen bunches, Texas, 7.00a10.00; hot house, 2.00a2.75. | { cauliflower, | | omitted the extra dividend on the stock | usually paid at this time. The regu- lar 25-cent disbursement was ordered. Earlier in the day Standard of Cali- fornia had declared the regular 50- cent quarterly payment. Selling of Standard of New Jersey preceded the dividend news. After the announcement came out the stock weakened further, making a new low since the first of the year. All this unfavorable news | proved too much for the market as a whole and at noon the averages were down on the day. Still another unfavorable dividend announcement was received in the early | afternoon when Drug, Inc., declared a quarterly dividend of 75 cents a share, | putting the stock on a $3 annual basis, | against $4 previously paid. INVESTMENT TRUSTS NEW YORK, February 1 ().—Over- | the-counter market: (Quotations as of 12 o'clock.) Bid. Asked. 1.4, Am Bank 108 | & mod Corporate Trust Accim Ser ccum Ser mod. | . NEW YORK, February 1 (#)—Over- |} YoBk T the-counter market: (Quotations as of 10 O'clock.) BANKS, Chase () Commercial (&} | First National (100) Manhattan (2) . National_City (2} | Public (2)" . 2 red Winter. garlicky, 53: March 59! vellow. spot. _comestic. cob corn (new), 1.75a1.85 per Oz . 2 white 15229 s demestic, as to weight, 3 26. , 251.a26. , 40245, I General hay market is quiet. but no surplus of good timothy. Prices range from 11.00a15.00 per ton, as to grade and kind. The poorer grades of hay are hard to sell at lany price. Market irregular on every- | thing bolow No. 3 timothy. Straw—No. 1 wheat, per ton, 9.00a 9.50; No. 1 oats, per ton, 9.00a9.50. Live Stock Market. Cattle—Receipt to choice, 4.75a5.00; me 24.75; fair to medium, 4.00a4.50; plain to fai common to plain, 13.00a3.50. Bu to good. 2.75a3.00; fair 2.50a2.75; plain to fair, common to plain, 2.00a225. Medium to good, 2.7533.00; fair to medium, 2.25a 2.75; plein to fair, 1.75a2.00; common to plain, 1.25a1.75. Heifers: Good to choice, 4.50a4.75: medium to good, 4.00 a4.50; fair to medium, 3.50a4.00: plain | to " fair, 3.00a3.50; common to plain, 2.50a3.00. Fresh cows and springers, 30.00a60.00. Sheep and lambs—Receipts, 200 head; steady; sheer, 50a2.50: lambs, good to choice, 6.2526.8 3.00a5.75. Hogs—Receipts, 1,000 head: higher; lights, 4.00a4.25: medium, 4.00a4.2: heavies, 3.6024.0: roughs, ! light pigs. 3.35a3.75; pigs, 3.75a4.00; Western hogs, 10220 higher than quo- tations. Calves—Receipts, 100 head; steady; good to choice, 7.00a8.00; common to ; common to medium, 0 medium, 3.50a6.00. SRPFEER R A RN o +3 New York Cotton Special Dispatch to The Star. NEW YORK, February 1 (CPA).— Cotton prices here today opened un- changed to off 2 points following the quiet and steady Liverpool market. Initial quotations were: March, 5.92, unchanged; May, 6.04, unchanged; July, 6.17, unchanged; September, 6.36, off 1; December, 6.50, unchanged; and Jan- + | uary, 652, off 2. PARIS BOURSE PRICES. PARIS, February 1 (#)—Three per | cent _rentes, 77 francs 30 centimes; 412 per cent rentes, 92.60. Exchange on London 87.05. The dol- lar was quoted at 25.62' LI ET I NEW YORK EGG PRICES. NEW YORK, February 1 (#).—Eggs, 49,391; unsettled; mixed colors, stand- ards and commercial standards, 1314 al4; rehandled receipts, 12%al13; me- diums, 39 pounds, 11%; dirties, No. 1, 42 pounds, 11%; average checks, 10%. FOREIGN EXCHANGE. ’ (Quotations furnighed by W. B. Hibbs & Co.) c | i ‘minal gold Selling checks value. today. London. pound. $4.5605 d, peseta ... . schilling . . Budapest. Je——— 3% — % arsaw, zloty ccmpound, 7. Live stock—Hogs, light, 3 3.4023.65: heavy, 3 23.45; ; lambs, 3.0026.00. Fruits—Nectarines, 3.25; plums, 3.25; apricots, 325 1.25a2.50. box stock, 1 watermelons, | apples, fancy 40a3.65; 00a3.45; | BROSSES, Tt 1) roughs, lSO!'.’.SO;Cll\'ES,‘Semn] Hanover ( hemical (1.80) Continental (1.20) Empire ( 50a2.00; | Fupranty o | Euchel backets, 1.00a1.25; pears, 150a:§§'ri‘uxmum,- ( 2.50; rie-, pineapples, 2.25a3.50; 2.50; alligator pears, 2, ALBANY, N. Y. BUFFALO,N.Y. DURHAM, N. C. RALEIGH, N. C. SCRANTON. PA. UTICA.N.Y. KANSAS CITY. MO. w York Trust (5) . S Title Guar. & Trust (£.80). *Includes ‘extra. cranber: .50a3.00 a T | Spencer Trask Fund. Si ' of Am Tr A of Am Tr AA Super of Am Tr B | Super of Am Tr BE er of Am Tr C.. Super of Am Tr D. | Trust Fund shr J. S. BACHE & CO. ESTABLISHED 1892 MEMBERS NEW YORK STOCK EXCHANGE AND LEADING EXCHANGES ANNOUNCE THE OPENING OF THEIR LOCATED IN THE WASHINGTON BRANCH OFFICE WASHINGTON HOTEL UNDER THE MANAGEMENT OF FRANK J. F. THIEL OTHER BRANCH OFFICES ATLANTIC CITY, N. J. CHARLOTTE, N. C. ERIE, PA. NEW HAVEN, CONN. ROCHESTER, N. Y. SYRACUSE.N. Y. WILKES BARRE. PA. CHICAGO, ILL. TROY.N. Y. SAN ANTONIO, BATTLE CREEK, MICH. FORT WORTH, TEX. TEX. WINSTON-SALEM. N.C. BINGHAMTON. N. Y. DETROIT, MICH. GREENSBORO, N. C. PHILADELPHIA, PA. SCHENECTADY. N. Y. TULSA, OKLA. WORCESTER, MASS. REPRESENTATIVES LOCATED IN LIVERPOOL BREMEN HAVRE ALEXANDRIA, EGYPT