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The New York herald. [volume] (New York, N.Y.) 1920-1924, March 28, 1922, Image 17

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045774/1922-03-28/ed-1/seq-17/

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Munds &
Winslow
Stocks
| Cotton
Grain
MEMBERS
N. y, STOCK EXCHANGE
V. T. COTTON EXCHANGE
CHICAGO BOARD OF TRAD It.
25 Broad Street
Telephone Broad 74.0c
U ptown Office: 342 Madison Ave.
(Canadian Pacific Building)
Telephone Vanderbllt 0143
j The Factor
Of Safety
i In times like these the
factor of safety is by far the
| most important considera
tion of every true investor.
The promise of excessive
Erofit does not appeal to
im. His chief aim is to
have his capital conserved
and his interest punctually
paid.
Our circular The Factor of Safety,
contains numerous suRpt^tions
for the investor whose first con
sideration is security.
Write for Circular So. 1800
Spencer Trask & Co.
25 Broad Street, New York
A J.HA NY BOSTON CHICAGO
Members New York Stock Exchar.go
Members Chicago Stock Exchange
&nr
Canadian Pacific
Railway Company
4% Coupon Consolidated
Debenture Stock
The Premier security
of this great Company,
which operates the
largest transportation
system in the world.
Price yielding about
5.15%
Circular upon request
The National City Company
Main Office:
Kattonai City Bank Building.
I'ptowT! Ofl'ct 4i!ncl St. & Madison Are.
II :
Sixth Avenue
Railroad Co.
STOCK
fnquirtei Incited
IPS Carnegie Even
Investment Securities
2 WALL ST.?NEW YORK
TelepftontRtctor?12? 3-4
Investments
WC.Lan?ley8 Co.
Investments
115 BROADWAY. NEWYORK
MEMBERS NIWYOBK STOCK EXCHANGE
Investment Bonds
Bank & Trust Co. Stocks
MCCLURE, JONES * REED
Mtmitrt Ntw Tut Slut Umthtm/t
IM Plion# TM2 Racter
FINANCIAL NEWS I
AND COMMENT!
Stocks Fall but Partially Re-J
cover in Late Trading; Ster- !
ling Drops 2 5-8 Cents.
The reactionary ton? of stocks ?which
pie vailed yesterday until the last hour
of business was evidently the product of
continued realising sales, and rather
abrupt declines of recent favorites for
the rise Indicated that stop loss orders
fccd been reached. But when profit tak
ing sales were checked In the afternoon
it was plain that no large volume of
liquidating orders was in the market,
and several brisk recoveries occurred.
The market was the duplicate of others
of last week and contained the usual
features of operations on the heels of a
fairly persistent advance of nearly two
months duration. If the threatened coal
strike had mr.-r frr^timental Influence it
?.vas not actions of coal com
jany shares, as several of them ad
vanced. Afl far as surface indications
v.ent stocks were governed principally
by their own internal speculative condl
t ons. The final rally was not sufficient
io make the list firm, but in a highly
irregular array of prices several indus
trial specialty shares went to new high
points for the year and ail declines were
mainly fractional.
On the whole bonds were more inter
esting than were stocks and the day's
really outstanding events were a decline
of 2% cents in sterling exchange and a
rather spectacular conversion of grain
quotations from weakness to strength.
In the case of sterling it was probable
that speculators had elected to hold
aloof until the German political caul
cron, heated by the Reparations Com
mies-ion's demands, had cooled, premlt
tlng the Government to deal with the
rearranged program for payments In a
way which could be understood by mar
kets in other countries. A moderate
f?ow of business in exchanges brought
a general recession of rates, more the
product of a hesitant demand than of
insistent selling. Sterling at 4.36, its
lowest quotation, was back close to its
rate of March 16. Marks descended to
a new low point at .29% cent.
The clear relation between present
money rates and bond prices was dem
onstrated in a firm tone of Liberty
bonds and an active demand for many
foreign government and domestic cor
poration Issues. Call money eased from
4 per cent to 4 per cent. A signifi
cant event of the day was the cut from
r> per cent to 4^6 per cent, in the At
'anta Reserve Bank's rediscount rate, a
i hange made possible, according to the
head of that institution, by general
1 usiness improvement. The liquidation
,,f loans has been exceedingly rapid in
the section of the South served by that
t.ank. as its ratio of cash to deposits
and circulating notes stood last week at
72.3 per cent, in contrast to bo low a
figure as 42.2 per cent, on January 4.
As recently as February 8 it was no
higher than 58.3 per cent. The planting
s'ason in the South and the West is be
ing entered with credit In a position so
pasy that possibility of strain anywhere
in the next two jnonths is decidedly re
mote.
Reports on railroad operations in Feb
ruary make it appear as though the
good record of car loadings was not les
sened in its effect on earnings by
freight rate reductions applied during
the winter. A long list of statements
Issued yesterday showed, with few ex
ceptions, increases of- gross receipts,
compared with those of February, 1921,
and operating economies enabled the re
porting railroads to display enlarged
ntt income.
FOREIGN EXCHANGE.
10.44
ID. 44
S.ll
?.im
4.37*
4.84
4.82*
8.97
B.JTTH
S.4BV4
8.46
19.47
19.40
BOTH
G.08
? 37H
?STVi
MONDAY. MARCH 27. 1922.
GREAT BRITAIN.
Partly. 8*tur -
$4.8648 ster'ln*: Monday. day. Mir.:0.
Demand ... $4.35* $4.38 S4.RTH
Cables 4.35* 4.38H
Rankers, 60 d.. 4.32* 4.S4*
Bankers, SO d.. 4.30% 4.38*
the co jmiaarr.
18.30 t'rance. cenu a frano:
Demand I.MH 0.AB
Cables 8.95 0.08*
19.30 Belgium. cents a franc:
Demand 8.31H S.39H
Cables 8.32 8.40
10.80 Switzerland, cents a franc:
Demand 19.38
Cables 19.38
19.80 Italy, cents a lira:
Demand 5.06*
Cables B.08
23.80 Germany, cents a mark:
Demand 30* .80Ti
Cable* 30* .30r>,
28.80 fweden, cents a krone:
Demand 26.05 28.10
rabies 28.10 20.15
K5.80 Norway, cents a krone:
Demand 17.60 17.83
Cables 17.8" 17.88
20.80 Denmark. cents a krone:
Demand 20.90 21.IB
Cabins 20.95 21.20
19.30 Oreece, cema a drachma:
Demand 4.38 4.48
Cable? 4.37 4.B0
10.30 Hpaln. cents a peseta:
Demand IB.48
Cables 13.80
40.20 Holland, cents a florin
Demand 37.80 37 80
roble 37.89
PI .46 Russia, cents a ruble:
100 rubles 08
500 rubles .07
20.26 Austria, cents a crown
Demand 01S
rabies 01*
23.80 Poland, cent# a mark:
Demand 02*
Cables 03*
20.30 Hungary, cert* a crown:
Demand 11* .11
Cables 12 .12
20.80 Jugo-fllavta, cents a crown:
Demand 80* .80%
rabies 81* 81
19.80 Finland, oents a mark:
15.86
15.58
?08*
.07
?01K
.01*
03*
.02%
28.17
28.23
17 45
17.BO
21.2B
21.30
4.43
4.45
15.54
15 86
87.88
37 90
.IB*
08
.01M
.01*
.02*
.02*
.12*
.13*
.31*
.83
1.78
1.70
TS*
.72*
1 74
1.7B
.75
.76
Demand 2.OT a. 10 8.14
Cables .. 2.08 8.11 2.1B
20.26 Czacho-Slovakia. a crown:
Demand 1.79
Cables 1.80
19.80 Rumania, cents a leu:
Demand 72%
Cs*ie* 73*
440.00 Turkey, cents a pound
Demand 67.00 87 00
Cables 60.00 80 00
FAR EAST.
108.32 Shanghai, cents a tael:
Demand 72.25 72.28
Cable# 72.75 72.75
7*.00 llongkon*. cents a dollar
Demand B4.50 53.75
Cable* SB.BO B4 00
48,86 Ilombay, cenU a rupee;
Demand 28.12* 28.12* 28 00
Cables .28.37* 28.37* 28.25
49 84 Yokohama, cents a yen :
liemand 47 V) 47.50
Cable" 47.75 47.75
SO mi AMERICA.
32.44 Rio de Janeiro, cents a mllrels
Demand 13.68 18.75
Cables 13.7H 1S.81
42.45 Huenos Aires, rents a peso:
Tlettiand 36.12* 36.50
fables 36 10 36.56
IOC 42 Uruguay, rents a <iollar:
Demand S0.25 80.62*
Cablss 80.37* 80.78
CANADA.
New Tork funds In Montreal. $31.87 pre
mium a $1,000. Mon'reaJ funds 'n ?**??, Tcev
$J/> 79 dUomirt s *1
66.00
69.00
72.50
73 00
B4.12*
B4.62*
48.50
48.75
IS 81
J 8.87 V,
86.87*
S6.94
80.87*
91 00
NEW YORK STOCK EXCHANGE QUOTATIONS.
MONDAY. MARCH 27, 1922.
Dav'n sales
1922.
761,276
1921.
685,289
1920.
897,381
-19i'2. ?| r-Clo'slng.-TfBiv.l
Hlgh.| Vovr. 1 Bid. | Ask. In?.| Sales. I
66% | 48
18% | 10%
49 I 31=%
66
65 Vfc 1 t?6 Vi ,
14* 15%
44V, 47 \
45%: 54% 55
17%: 13%' 16%! 17 |
65 55%' 64% 64%
109%,101 il06% 109%
109% 101 ,106%'109%'
47%; 37% 44 I 41%
94
41%
70%
44
47
62%
47%
86%' 91% 91'
29%: 38V.
55%! 65
31% 39%
31%! 43
51 57%
32% 45
104%i 93%: 100
156% [141 153%
33%
66
39%
43%:
58%,
45%
102
154
100 Adams Exp...
100'Adv Rumely..
200 Ad Rumely p(.
3500 Air Reduction.
1000 Ajax Rubber..
14400 Allied C & D..
400 A1 C & D pf..
70 A1 C & D pf. . 108
1700 Allis Chalmersi 44%
100 Allis Chal pf.. 92
100 Am Ag Chem. 38%
200 Am Ag Ch pf. 65%
1600 Am Beet Sug. 38
SOOjAni Bosch M.J 44
TOO! Am Br S & F. I 58
"[Open- | High-1 Low-| Clo?-| Net
| In*. | eat. i eat. | Ing. |Ch*me.
05%| 65%, 65% j + %
14%: 14% 14%? %
46 I 44%! 44%| ? 1%
55% | 53 | 65 + 1%
16%J 16% i 16% ? %
65 | 62 ; 64%!+ 1%
109% !l09 |109 i? %
109 108 109 ! ..
44% - 42%I 44 I
92 92 ' 92 i
65% [
14%;
46 ,
53
16%,
62%'
109V4:
%
38% i 38%, 38% ;? %
65% 65 %? 65% ? %
39 37%' 39 %
44 , 43 43 ? 1%
58 i 58 ; 58 !? %
44% 45 !? %
12%, 7 , 11%, 11%
27%' 19% 24%i 24%
56 41 ' 52% 56 :
6%' 4%1 5% i 6
139% .127% 132 1134 I
12
12
58
16
71
1] 4% 78
82%: 72
45% 38%
11%!
35%
9%
29%
11%
33%
111%* 102 107%
8% !? 3% 7%
15%: 5%: 13%
54% 43%
98%I 86%
138 1109%
36% 30%
74% ? 54%
100 ! 84
35% 23%
70 ! 54
124% '114%
142%i 129%
14% 15
67% 1 68%i . . !
105% i 10G i 7'
79 ! 81 6
42 42%' ..I
11% II
33%
108 61
7%: ...
14% ..I
51% 51% . .
95% 96% 7
122 ! 123 ! 12
35%I 35%! 3|
69%! 70%: ..;
97%! 98%: 7
31%' 31%
60 63
120 '120%
136% 137 '
?>400'Am Can 45% '
100;Am Can pf.... 100% I00%;i00%! 100%!? 1%
1400 Am Car & F.. 153% 153%! 152 |153%j? 1%
1200 Am Chicle ... 10% 11%, 10%l 11%: ..
100 Am Cotton Oil, 24%' 24%: 24%| 24%,+ %
100 Am Cot Oil pf.i 52% ; 52%: 52% 52% - 1%
lOOlAm Drug Syn.l 5%| 5% 5%; 5%l? %
100 Am Express .132%, 132%; 132% 1132% ? %
100 Am Hide & L.| 14%' 14%! 14V 14%:? %
600!Am H & L pf.! 68%1 6S% 68% 68%,? %
4000.Am Ice 107 107 103% 105%!? 2%
5,
i!l
lOOjAm Ico pf j 80 ! 80 ; 80 | 80 j?
2600:Am Tnt Corp..! 42%! 42% 42 i 42 J?
800iAm I*. F F E. 11%: 11%; 11 ! ll%i +
900;Am Linseed .. 33%, 33%, 33 I 33%! +
2200,Am I.oco '107% 107%,107% 107% ?
2200 Am Saf Razor 7%! 7%, 7% j 7%
600!Ani Ship & C.! 13%: 14%! 13% 14
1100'Am Sm & Ref.; 51% | 51% I 51 I 51%
700!Am S & R pf.! 95
400 Am Snuff .... 125
S200!Am Steel F... 36%
3200 Am Sugar . ...> 68%
300 Am Sugar pf..' 98
800jAm Sum Tob.i 31%
100!Am Tel & C.
31%i 17%| 28%j 28%
90% 78%! 86 1 86%;
108% [102% ;106 '106%
16% j 12%! 14 15
52%| 47 ! 49% 60 !
'
20% I 10 17 ! IS !
51%: 29 46 ! 46%
57%! 43 : 54%! 55 j
107% j 99 |104 |106
100 I 91 % i 96%! 96V.'
88%' 85 87 88
3% % 2 I 2%
91% 83 | 89% j 91
4%! 2%I 3%: 3%
20% i 13%: 19% ! 19%' . . I
31%I 23%, 28% 28%' ..I
23 I 16%) 19%! 20
28 9% I 27 I 27%
85 I 68 I 83% | 84
109% I 92% ! 106 ! 106% 7! 7
39%! 33%) 37%! 37%!
56% | 52%! 55 | 56 :
31%: 19%; 25%: 26 !
+
95%I 95 1 95%
125 !122%!122%
36%! 35 35% ?
70% 68% | 70 1 +
98 1 98 1 98 14
31%! 31%! 31% ?
60%: 60%; 60%: ?o%' +
7700IAm Tel & Tel. 119% 120% 119 |120 ! +
200! Am Tobftfvo . .'136 i 136% 1135% i 136% ?
800 Am W W & E 2S%! 28%l 28%! 28%! +
4600iAm Woolen ..! 86%i 86%; 80%: 86%j?
100 Am Woolen pf 106% 106% 106% 106%
100 Atn Z, L & S.. 14% 14%; 14%; 14%
5600! Anaconda .... 50% 50 %( 49% 49%;
200 Ann Arbor ...I 18
700'Ann Arbor pf.! 48
1300 Ass Drv Gds..! 54
100 Asso Oil ;103
1300 Atch, T & S F. 96%l 96%
100'A, T & S F pf.! 87%' 87%
2% 2%
>4
1%
1%
18
48
55%
103
1%I 1
66% 1 51
93 ! 90%
113 104
1%, 1%
64 I 64%i
91%: 91%:
108 111 :
72 55%
8% 4% . ,
19% 6% 18%! 18%!
18% 5%' 17% 17%
97% 70 I 91 93 :
51 42 ! 47 50
4%: 2%! 3%1 4
85 I 72 ] 82 87 ,
130
43%
34
6%
28%
115 i 127% 127% 10,
28%! 41 41%
28%: 30%
5% 1 5%
20% | 25%
13% j 10%, 11%
76%! 68 ! 74%
54%, 43% 52%
91% 83 89%' 91
7% 6%) 6% 6%'
140% 119% '135% 135% 10
32
6% ]
26 ,
11%
75
52%;
i6 11 ; 16%
77% I 68 1 75
38%, 29% 35%
74 ! 63% 1 70%
36% 32% 34%
75 47% 70%
63 i 54 1 60
" ' 1%! 5
14%! 3%| 9%
3%
8 I
90%' 44%
3%' %
62% 55
15% I 10%
9% 3%
79% 70
103 ! 97%
4%' 3%
42 ' 37%
3% 1
9% j 3%,
11%! 6%! 9% 10 ..!
43%! 33 38% 39% ..
36%; 26 32 83 2%
27%' 22 26 I 26% 2
95%t 79% 92 | 92%: 6
17% 1 13% 15% 15% ..
72% I 62%; 69%! 70 6;
35%' 25% 34 ' 34%
78 1 68%' 75%1 76% 7:
70 I 54 I 66 1 67 7'
16% 11%; 15%: i? 1
74 i 60 I 73 ! 74 | 6
62 ! 43%' 44%' 45% ..;
71%! 59 ; 61%! 62 6
19 ! 12%! 17%! 17%,
35 I 24 I 27%' 28 ! ..
3 : l ! 1 1 % ? ?!
21% 10 18% 18% ..
41 ! 34%' 38%| 39
7%' 4%; 4%| 5 '
27 '22 ' 2J%: 24% . .1
67%: 52% 55%! 57 J 4
46%' 34%! 43% I 44 ..!
102 , 61 99%,101 '
31 26%' 29% 29%
19%; 16% 17%! 17%' . I
1110 :14I 144 *
800 At. Birm & Atl. -
700^^1110 C L.. 90%: 9C%
300 Atlantic, Fruit.; 3% 3%
200,Atlas Tack ...
HOOlA, Gulf & W I
200 A, G & W I pf
9300 Austin Nichols
200! Austin Nich pf
500 Baldwin T.oco.
2100 Bait & Ohio...
100 Bait & Ohio pf
200!Barnsdall B...
1800:Batopilas
800[Beth Steel....
700 Beth S 7 pc pfj
19% 19%
28%
20
28
83%
107
37%
55%
18 I
46%
54
103
96 :
87% j
2%j
90%
18
46% -
55 +
103 ?
ivA? ^
27%
20
27%
83%
106
37%
56%
25%
1%
64%
91%
200i Beth S 8 pc pf 113
2% -
90%'?
3%
19% 19%' -
27%! 28Vi 4
19% 19%' ?
26%! 27% ?
83% ? 83%! +
105 %j 106%'
37% 37%!?
14100! Beth Steel B
1100'Booth Fish ...
152001 Brooklyn R T.
C300 B R T ctfs. ...
300|Brook Un Gas
900;Brown Shoe...
100 Brims T & RR
lOOlBuff & Sus ctfs
500 Burns Bros ...
500'Burns Bros B.
300!Butteriok ....
300] Butte Cop & Z
6C01 Butte & Sup..
1100;Caddo C O&R
300,Cal Packing...
7900:Cal Petrol
300 K
2400 Callahan
l%i
64%:
91%
113
55% I
25%
1%
63%
91%'
55 U
25%
1% +
64%'
91%
70%
7%
18
17%
91
46
109% |109i,4
69%: 70V.
7 ; 7%!
17% I8V4
17% I 18
3%
85
31%:
?%|
25%!
12 !
75 I
50 %'
91
46 :
3%:
92
47%
3%
85
70%;
7%;
19
18%
92
48
3%
85 1
126% 1127% 1126% 1127%
40%' 41 40% 41
' 31%; 31%! 31%
6% 6% 6%
25%! 25% j 25%
12
75
53%
%
%
1%
%
3%
+ 1
+ 2%
? %
+ 4%
+ %
%
11% H% ?
74%. 74% ?
49%' 52% + 2%
' I
15%
78 I
36 >
71 !
34%
70% 1
60%
5%,
10 I
25%: 12V4! 21% 22
44%, 31% 41% 41%
20%j- 14%; IS ! 18%
24%, 16%I 22 22%
35% 29 36%' 36%
72%: 59 , 69%; 70
111 % 1100 111 :n4%
42% 30%: 38%; 38%
80% 70%, 78%, 78% 61
94 ? 83%! 90%: 91% 7!
90 82 S4 ! 92 j 7'
18% 15% 16%! 17 ..]
29% 25%' 26%I 26% .J
60% 43 I 57%; 57%' ..
50% 41 48 ! 48%: l!
31% 24 ' 28% 29
48% I 38 ( 45 : 45%: 3
85%! 64% 81%! 82 j 6'
4 ! 1%' 3 3%' ..!
72%: 55% 65%' 66 ! 4
30%!. 18%I 22 I 24
111%' 85 !106% 107 7i
16 12 12%' 13 1
2%' %(? % %!
107%, 91% 103% 104
115%,111 114
87 i 31%' 35%
67 52%! 65%
85% 80 1 81%
26% 14% 20
19%' 8% 14%
40%; 15% 33
63%! 48% 54 ,
119% 110% 114% 114%
108% .100% |107 '108 I
108% 100% 107 108 ;
28%' 18%: 27%. 28 ;
740 600 700 715
162% 125 150 (152
21%' 14% 20 ' 20%
36%, 34 I 36 ! 40
84%: 76% M% 82%
109 '104 106% 108 % j
12 ! 7 ' 11 i 11%
18%' 11%! 17
85%; 75%: 78
108 I 75 102
96 ] 76%| 92
17% I 11% 16% 16% ..!
20% 12%! 16% 17 ' ..
1%' % % % ..'
59%; 45%, 53%' 56 ? 3
65%! 55%! 58% 59%!
102%' 100 100 '102% 7
167 !l36 152%' 154 xl2
10%| 8%. 10 10%;
77 69 75 ; 76 ; 61
75 '45 70 ; 85 21
41%' 34%' 88%; 39 j ..
30%; 26%. 26% 27 . J
80%! 70%! 71% 71%, 7
87 31%; 35% 36 I 4<
28% 25% 26% 27%: ..
14% ?% 11 . 12 ; ..
11% 5 9 ; 10
26 16 25%' 26% ..
68% 69% ..
2% 2% ..
61%! 63 : 3
15%. 15% 1
7% 7%: ..
74%: 75% ..
101 101% 7
3%j 3%,
39%; 40
2% "
7%
"al Petrol pf..; 90%: 90%' 90V*! 90%;
"allahan Z&L. 6%! 6%: 6% 6%:
1100 Canadian Pac.. 135%;13o%, 135% 135% ?
200 Carson H Gold 15%! 15%; 15%| 15% ?
100;Casc T M pf..i 77% I 77%! 77% j 77%' +
1000 Cen Leather . 35%; 36 | 35% 1 35% -
200'Cen Loath pf..l 71 71 70%! 701i;?
lOOlCerro de Pa*..| 34% 34% 34% I 34%!
1%l
60%
6
9%
7200'Chandler ^lot.
SOOjChet & Ohio..
4000 Chi & Alton...!
1900'Chi & Alton pf
700;Chi & Ea.-t 111.! 22
300!C&EI eq tr pt. 41%
700 Chi Gt W pf.. I 18%
1500!Chi. M A St P! 22V
3100|C, M & St Ppf
1100 Chi & X W...
0%
60 |?
36% 36%
69%' 69%
1!1h 70%
60%: 60
c : 5
10%; 9%
22 i 21%
41%' 41%
18% I 18%
% 22 I 22 j?
36 36%:?
69% 69%'
10 I
21% ?
41% i ?
18%!?
%
1%
%
%
%
1%
3%
200iChi & N W Pf. 1111% 1111 % 111 111 I
12500;chi. R I & P..; 39%; 39% 38% 38%'
400 C.UT&P 6pc pf! 7S% 78%
1900;C,R1&P 7pc pf I 92%! 92%)
500 C.SP.M & O pf! 84 ! 84 |
2000'Chile Copper..| 16%; 17 1
ISOOiChtno Copper.! 26%! 26%
300 Cluett, P & Co! 57%
15100!Coca-Cola
100 Col Fuel & Ir.
200 Col & South...
2800 Col Gas & El.
4000 Col urn Graph.
700'Comp Tab R..
100!Consol Cigar
26%
57%! 57
50 I 50%! 48
29 '29 ( 29
45 ! 45 , 45
81%' 82% 81
3 i 3%' 3
65% | 65%
24 ! 24
8%! 78%i? %
91%! 91%!? 1%
84 84 1?6
16%' 16%!? %
26%'?
57 I?
48%!?
29 I ?
82%! +
3 !?
65% j 65% J ?
24 24 I ?
%
1%
1%
1%
%
%
v.
'8
3200 Consol Gas ...107 1107 1106 1106% ?!%
0200 Consol Textile.! 13 '13 i 12% 12%'
2000;Consol Distrib.! %i %| % %'
2800jCom Prod Rcf103%|l04 .103% 103%
100'Corn P Ref pf. 115 115
3900 Cosden & Co..| 35%: 36
4200'Crucible Steel.! 56 | 56
700.Crucible St pf.
169001 Cub Am Sug..
6700'Cuba C Suj.'ar.
7500; Cuba C S pf -.
8400 Davison Chem
11
35%
55%
84%
201 I
115
36 | +
55% ?
85 ! +
20% - 1%
17%, ..,
78% 8>
103 10
94 1 s;
84%: 85
21% 21%,
14%' 15%! 13% 15
32% 33% 51% 33
M 65%l 56V* 52% 54 ,
3001 Del. Tj ft West.1114% 114 %' 114 % 114%'
100 Detroit Ed Co.[107% 107% 107% 107%!
45 Detroit Ed Co. 108 108 108 ;108
S00 Dome Mlnes..J 27% 27% 27%? 27%
1 East Kodak... ;715 i 715 ! 715 715
100 Elec Stor Bat. 149?,i 152%; 148% 152
3800 Elk Horn C... 20% 21% 20 j 20
100 Elk Horn C pf 36% 36% 36%' 36%
600,End Johnson..' 81%' 82 ; 81% 82
200 End John pf..!108% 108% 108% 10S%
400 Erie I 11%' 11% 11 11%
1000 Krie 1st pf....l 17% 17% 17 17
6600 Earn Play-Las) 78%' 78%! 77%, 78
? 1
300 Fisher Body.. 1102% 102% 102% 102% ? 1%
+ %
%
1%
%
%
+ 3
+ 2%
-"%
- %
%
100; Klsher B O pf. 93
3400 Flsfc Rubber.. 16^
800'Freeport Tex..!
300 Has, W & Wig
100 Gen Am T C..!
4700 Gen Asphalt..!
100'Gen Cigar pf..i
400 Gen Electric..
17
%
65
58%
99%
153
93
1?%
17
%
55
59%
93
16 ;
16%
93 ? 1%
18% ? %
16%|? "i
%!
56 ? 1
13200!Gen Motors .. 10%
300 Gen Motors pf.) 75%
100 Gilliland pf
400 Goodrich .....
900'Granby CM&S,
1900,Great Nor pf.
1000 Great Nor Ore
1001Greene Can C.
2400iGtian Sugar...
100 Gulf, M & Nor
100 Gulf. M A N pf
6100-Gulf States S.
1800 Itabirshaw EC
100 HomestAke ...
SOOjHupp Motor .
200 Hydraul Steel,
300 Houston Oil ..
SOOiillinois Cent..
lOOOlndiahoma ...
600 Inspiration C.
2200 Interboro C ..
2100 Interboro C pf
100 Int Agrl Corp.
900 Int Ag Corp pf
200! Int Cement
75
39 '
26%'
72 :
35% I
1 65
. ?| 57%I 58%
99%' 99%' 99%
153 >152 153
10%; 10 ! 10
76 | 75% 76
75 75 ! 75
39 ! 38% 39
26%! 26%: 26%
72 ! 71 % I 71%
35%; 35% 35%
27% 27Vi 27%' 27%
11%! 11%' 10 I 11
10 ! 10 10 1 10
25% 25%, 25%I 25%
71%! 71% 67% 69%
2%' 2% 2%' 2%'?
" 62 62 ! 62
15%: 15% 15%
7%: 7%j 7%
74 74 74
101% 101 :ioi%
3%: 8%! 8%
62
15%
7%
74
101%
3%
39%
2% I
7%'
10%'
37%
33
lOOOilnt Comb Eng: 26
900i lnt Harv Co.. |
900'Int Mer Mar..i
1100 Int Mer M pf. |
900 Int Motor Tr.|
500 Int Mot T 1 pf
200;int Mot T 2 pf
7600llnt Nickel ...
100 Int Nickel pf..
100:int I'aper ....
400 lnt P pf stpd.
4900 Invincible nil.
1000 Iron Products.! 27%i 27%
5800 Island Oil & T. 1 ( 1%
800.Tewel Tea ...,:
400 Jones Bros T.!
1100 Kan A Gulf...
1600'Kan City So..I
400 Kan C Ho pf.. j
1800 Kelly Spr Tire
93 '
15%|
70%
34%'
76 ;
68 I
16%!
74 |
44% |
61 % I
39% I
3 I
8
10%
39 !
33
26 '
93 |
15%)
70% I
34%
76
68
16%
74
44%
62
17% | 18
39%:
?%!
7%;
10%|
87% |
33 |
26%
92 I
15%j
69 % I
84%
75%;
67 I
15%!
74 i
44%!
61%!
89%
3
8
10%
39
33
26
? 1
? %
+ 10
- %
? %
? %
+ %
? i
+ 1%
'2%
%
- *
? %
? %
? %
? %
+ %
+ %
+ %
+ %
? %
? %
? 1%
15% I
69%,? %
34%? %
76 ;? %
67 i? 1%
16 I? %
74
44%;
62 :
17%:
17%
26%! 27%
, 1 1 I
18% 18%! 18%' 18%' -
37%' 38%I 87% 38% ?
4%I 6 4%I 5 , ,
25%' 25% 24%' 24% I?
65%I 55%! 66%! 55%i
43%! 44 i 42%; 44 +
2500 Kelsey Wheel.'100 1100% i 97 ! 99% ?
2200 Kennecott ....! 29%' 29% 29 29%'
1300 Key Tire A ft! 17%| 17%! 17%! 17%
MOO Kre*g?i (S S1. >188?V143 H3<*% :i4.1 1^
1%
%
%
%
1921. 1921. 1920.
Year t? .late 62.622,692 39.752.943 68.865.118
lOpen- | high-1 Low-! Clos-i Net
I In*. i est. |e?t. | Ins. |Ch nge.
,?-1922. ,1 > IDlv.l
High.; Low. | Bid. | Ask. |ln?.| Sales.
50% 40 47%' 48*4 I
36% i 26V41 32%' 32%]
108% 91 Il06%]l07%
1C7% 98 ]105% 10f%|
lit'. 107Vi U2% 115 ,
16% 11 | 14% 15 !
137s' 9 ; 12% 13 I
41V 36 37 38
1
500
1500
500
100
200
1500
1300
153% 147% 147% 148%; 12]
115% 108
64
52
4U%
46 %
43%
11
46%
25
67
3-!
26%
30%
33
41
33
3
3 7,
5%
35 j
20%:
5V
22%
22 !
46%'
11 1
101
113% 114
60 I 64 I
45 ; 46 j
33 39%!
45 i 48 i
39%I 39%:
7 j 9
28 ! 29 !
It ! 14%'
53% 55
Lack Steel ... |
Lee R & Tire.
Lima Loco ...
Lima Loco pf.
Lis & M T pf.
Loews Inc ...
Loft Inc
200 Loose Wiles B
100 Lorlllard. P.
300 Louis & Nash. 113% 113% 113%
26%.
25 j 25%'
25 26 :
32 33%
I 55% 57 :
18% 18% |
114% <116
63% 03%
40 i 45%]
38%' 39 ^
46 %: 46%;
39% 40%
7 ' 7 1
28%; 29%,
11%, H%
55 : 55%
8i
29
34%
57
19%
117
21% 13% 19%. 19%j75c
128% 106% 116% 116%' 12!
28% 25% 27% 27% I 2
11% 13%. 13% 1.20
27%' 33 | 33%! ..I
6 : 9%! 10 ! ..
60% I 59 60% 4'
10% I IB 16% i ..;
V 5% I 5% ..
7%I 12%! 12%; ..
24% 32%; 33%| ..
26%
26%
25%
33%
j 55
; ?%
114
19%
26%
26%
14%
35
10%
71%
16
6%
13^4
34%
23%
55%
17%
30%
16%
121
44%
2 ^
43%
94%
113%
5 % i
15%
88%!
66%
72%.
16
21
52% I
:i%
43%'
? 12 16% 17 J
19%' 27%! 28%
10%! 15% 16 !
113% 117%|l20 I
36 i 40 42 !
i 1 1%' 2%:
30%' 34 34% I
85 I 86%' 8S !
108 110 113%!
3 : 4% 4%|
13%' 14% 14%!
72%' 85%! 86 '
51%! 62%! 63% I
61% 68 ' 71 |.
53%! 53%I 54%!
20%; i2%! 19 i 19%;
24% 19%: 23 1 23%I
25 I 13 ] 20 ' 22 '
102% lOOV'a 102 '103
20% 12%: j9%f 19%;
102%: 96% 1100 1100%
60%! 44%i 55% 56 |>
43%! 38 ' 41%! 41%
82%: 74% 74% I 74% 1
3 : 2% 2% | 2%
9%! 4%! 8% I 9 ;
19 | 12% 17%; 18
141% '116 135% il36 !
12%! 9% I 11%| 12 1
34%; 24%! 30%! 31 1
11%! C%[ 8%! 9 '
68% j 62! 67%! 68 I
50% ! 44%! 49 ' 49%'
58% 48% .. ! ..
r.2%: 44 : 47%: 47%'
16%! 11%! 14 I 15
38% | 33%! 37%; 38
10%: 6% I 7% I 8
84%! 59%! 80%! 80%
19%: 10% I 15 I 16
28% 19 ! 26%! 26%
61% 50% I 60%l 61
71 ; 63 70 I 71%
39%: 31% 36%' 37
92 ! 88% ' 89%[ 92
36% j 28%; 35% i 36
18%
10oMackay pf....
600:Manatl Sugar.!
300 .Man Ele Guar
200 Man Elec S...I
9400]Manhat Shirt.]
100 Market St Ry.
200 Mkt S R 1st pf
200 Mkt S R 2d pf.
loOOMkt SRpr pf.
500 Mart-Parry ..
5200jMarlin Rock...!
900 Marland Oil. ..
200 Mathie8on AW:
200Max Motor A.:
900'Max Motor B.
3700 Mays Dept St.
11800 Mclntyre Por.
29400 Mcx Petrol ...
500 Miami Copper.
3500 Mid States Oil.
10600 Midvale S & O] 33%
400 M & St L new 9%]
100 M, S P & S S M1 60%:
300'M. K A T w pd! lf.%
300 Mo. Kan & T.' 5%
HOOiMo, K A T w l| 12%:
1000 M.KAT pf w i
8100 Mo Pacific ...
3100 Mo Pacific pf.
7000 Mont W & Co.
300'Mullins Body. i 28%
600'Xat Acme ; 16
100 Nat Biscuit pf 1119
300 Xat Clo & Suit 40
100!Nat C A Cable] 2
700 Xat En & St..' 34
200'Nat Lead I 88
200 Xat L<ead pf..'112
400:NRR of M 2pf: 4%
300 Nevada Con C. 14%
2600'X V Central..! 85%
200 X Y. C A St L! 64
200 XY.C&SL 2 pf.l 69
200 X Y Dock pf..! 53%: 54%,
8000'X Y, X H & H| 19%' 19%'
200:x Y, Ont & W
100'X Y Ship Co
48 | 48 | 47%; 48 |?
32%' 32% 82
106 ]107 106
106 106 |106
113 1113 112%
14%' 15 | 14%
13% 13% 12%
37% 37% 37
147% 147%'147%
%
%
+ %
63%
40 |
38%
46
39%
7
28%
11%
63%
26%
24%
33% 33
57- i 55
18% 18%
117 ,114
19%: 19
32%
107
106
112%
14% I
12% ?
37 -
147% ?
113% ?
63% ]?
45
39
46
39%
7 1..
28%1? 3%
11% ? 2%
54% ? %
%
26%
116% 116% 115
27%| 27%| 27%
13% 13%; 13
33%! 32%
9%
60%
16%
r.%
32%
33%
21%
16 %j 17%
28%! 2S
16
119
41%
33 % I
2i%;
25
33
57 + 3
18% ? %
115% + 1%
19%!? %
116%,? 1%
27%;? *
13%:?
33 ?
9% ?
60%]?
16% i?
5% ?
12% ?
33 ! ?
21
52% ?
17 | +
28 . ?
14% 14%'?
119 1119
40 ; 41%
9%
60%
15%
5%
12%
33
21
52
16
ft
%
34 I 33%] 34%
83 | 88 ! 88
112 i 110% 110%
4% 4% | 4% |
14%i 3 4%
1%
1%
%
%
%
? 1%
14%
85 I 85%I? %
63 I 63 ? 1
69 ! 69 |+1
53% 54% ? %
18% j 19 %
23%! 23% 23%; 28% ? %
20%! ?0%! 20%: 20%j? 2%
38
12 I
63%
95
28%'
18%'
87%
48%!
it i
8%
56%:
S7%!
45%
13 V?, 16% 17
27%' 35
7
58% I
90%
23
1 1%
35
S%
62
94 s;
26%
IS
85%' ..I
8% ..;
62%! 6
95 i 6'
27%! ..]
18% 1%'
66 ! 84%! 85 I 6
125 105% 122 ;i28 [ S
43% 30% S? 39%1 ..'
38%: 29% 29% 29%1 2'
1%' Hi .. .. ..!
100%| 94 (96 97 ' 8!
15%' 13% 14% 15 : ...
"6%: 71%' 72%: 73%; 4!
43 43% 43%' 2
24 1 35 I 36%! ..I
25%! 30%[ 31
4%' 6%
46% | 50%
74 : 77
43%i 43
lOOXias F Powpf 102% 102% 102%:i02%
400 Norfolk South! 19% 19%, 19%! 19% i? %
7' 200 Norf <fc West...; 100%, 100% lOC-% 100%!? %
3! 200 North Am Co. 55%,' 55%i 56% 55%,
3 200iNorth Am pf..' 42% 42% 41%; 41%;-- %
7' SlOOiNorthern Par.] 75%' 75% i 74%! 74%!? %
.. 1200 Okla P A Ref. 2%! 2%. 2% 2% ..
..I 20010ntarlo Silver.! 8%| 9 I S%! 9 I ..
..! 2500'Orph Circuit..! 18% 18%! 17%: 17%'? %
8 200:otia Elevator. (136 136 ;136 1136 ! ..
..: 10o:otis Steel : 31%! 11%' 11%' 11%! ..
21 500:Owens Bottle.! 30%: 31 ! 30%! 31 ? %
900'Pacific Devel..; 9% 9%] 8%: 9 ? %
6! 700:Par Gas & El. I 68%] 6S%| 67%' 68 |? %
3' 5600 Pacific Oil ...I 48%; 49%! 48%; 49%i + %
6 6000!Pan Am P & Tl 53 ! 53 ! 52 ! 52%;? %
! 6' 1500 j Pan A P & TBI 47%' 47%i 47 i 47%? %
' ..I 100'Par & Bing... i 14%! 14%! 14%; 14%1? %
! 2! 5200!Penn R R | 37%] 37%I 37%! 37% + %
I- ..I 1500!Penn Scab St. I 8%i 8%| 7% 8 |? %
' 5! 200[Peoples Gas ..' 80%! 80%! 80%i 80%'+ %
I .. 600 Peoria A East: 15%: 15%| 16%' 15%!? %
I .. 1500!Pere Marq ...{ 27%! 27%| 26%] 26%I? %
..I 50 Pere Marq pf.' 60%' 60%] 60%' 60%! ..
! 5 200'Pere M pr pf.l 71 I 71 ! 70%' 70%'+ %
I 3! 700'Phila Co ! 37%! 37% i 37 ! 37 ? %
7' lOOPhil .Tones pf. 90%] 90%i! 90%] 90%|+ 3%
: 21 100[Phillips retrol] 35% 35% 35%' 35% ..
3 6%: 16%' 16%' 16% I
35 : 35% 35 1 35% I
8%' ? ? -
62
93
26%
38
85
113% 112% 112
6%
I 51 )
78 ]
i 43^i
113 I
54%
24% I
80%
51%,
29%!
44%
6%:
18% I
3%!
4% l
10%'
73%
23%
25%.
44 I
57%:
87 %'
22%!
54%
183
47%
17%'
20%:
36
20%
323J
i%;
n%
3%
2%;
3%
59% 1
10%
7% I
18%,
34%:
43 '
78%
37%:
45%;
169
700 Pierce Arrow..!
400 Pierce Ar pf..
2100 Pierce Oil . ...|
700'Pitts Coal of P
500 Pitts C A P pf
400 Pitts A W Va.
1500 Pond Cr Coal.
600 Pub Serv X J.
2400 Pullman
300 Punta A1 Sup.
5600 Pure Oil
14100',Puro Oil rts...
100'Ry Steel Spr..
900]Ray Con Cop.
3100Readinpr ......
300]Readine; 1st pf
3 00 Rem Typo ...
100 Reploele Steel.
400 Rep Motor Tr.:
1200 Rep Iron & St.
400 Ren Ir A St pf
1200!Reynolds TobB
35%
8%
62%
95
26%
18%
85%
122%' 123
39 39%
?9%! 29% 29%
3%: 1%
96 % 96%: 96%
14% 14%; 14%
73%; 73% 73
43% 43%' 43
36%: 36%! 36%
30%j 3014; 30%
6%| 6% 6%
51 51 50 u,
77 ! 78% 77
43% 43%! 43
S%
62
93
26%
IS
84%' 84%
121% 122
38% i 39%
s%: ..
62%J+ 1%
95 i + 2
26% ? %
1S%
29 %:
3 % j .
9fi% ?
14% f?
73 -
43 ?
36% ?
30% ?
6% ?
50%
1
1%
%
?%,+ 3%
I 43
52%: 52% 5.20
100'Rev Tob B pf. 112%1112% 112%] 112%(?- %
40%!
8%
u3 !
4%;
8% i
72%:
18%
8%;
23%
89%
48 1
S5 !
21%, 21%
52% I .52%
171 172
28
27%'
50 I
27%'
41 1
9% '
16%'
3%
4%'
9%
72% I
13%
?%'
24%'
40%
51 j
85%
"
52%' 52%: 52% 52% I
24 I 24 24 24 ?
27 : 27%; 27 27 -
48%] 48%: 48%: 48%
27%! 27%' 27%
3%
4%
9% I
70
16%;
4%'
9%!
69
115% 113%jll4%'ll4%,
98%: 91% 95%; 95%
37% 24%! 36%' 36% 1
49 I 35%: 45 1 45%:
102% 79% 1105% ] 105% ,
100 105 ] 108 %;
::%; 4% 6%
5 1
3%:
1%:
9%
42%]
31%
20%
60%
90
22%
8%
E4
?17% 17%
131 % 1132 % !
72% 73
29%; 80
136 137% I
11 | 11%!
29 ; 30 I
43%' 43%
38%I 16%j 32% 83 i
70 1 50 $B%! 66%!
10%; 2%; 5%
49%! 87 47
96%I 90 ! 93
64%!- 55% I 59
64%| 51%; 60
104% 99 ;i02%104%
38 32%! 35% 36%
45% 42%' 44% 46 18%
96% 82 94 : 94%:
118 '114% 117 117V
46 | 46 - 45 46 I
110 '110 '100 111 '
65% 60%' 62% 62%
1?%> ?% 14%] 15 '
39%: 30%, 37%: 38
36%! 27%' 32%] 33%
43 44 : 1
6% 9%
6 , 8%'
19% 27
10%; 13
8%! 9%
13 ' 36
13% 18
89 96
80 86
49%t 67%
8%
9%
1400 Royal D N Y
100'Rutland RR pf
4100 st T. A San P. |
100 St L & S F pf.
800'St I^ouis S W. 1
400 St L S W pf. . 41%! 41% 41
1200 San Cec Sugar 4% 4%! 4%
1100 Savage Arms.
3200 Saxon Motor..
100 Scab Air Line
600 Seah Air L pf.
12000, Sears Roebuck
700 Seneca Copper
100 Shattuck Ariz.
17100 Sinclair Cons..: 24%
400 Sloss-Sh S & ij 40% 1
300 So p R SiiErar.] 50 ]
3700|Southern Pac.i 85%!
2500 Southern Ry.. 21
3100 South Ry pf.. j 52 I
300 St Oil of N J..'170%'171%'170% 171%
100 St O of N J pf 114% 114% 114% 114%,
95 I 94% 95 : 95 |
37 ! 37%; 36%! 36%'
45 ' 45% 44% 46% 1
106% ' 106% ] 104% 105%
%
18
3%
4%
9%
73
13%; 13%: 13%
8% I 8% I 81i ]
? 24%; ?
40%
60 j
85%'
21%
52%
23?
39% I
50
85
?1 1
52
%' ?
41 ?
4%' .
16% +
3 J?
4%' .
9% ?
72% +
13%
8% +
24 , +
39%;
50 ?
85% 1 ?
21%;
52 %; +
%
2%
"%
%
1%
1%
900 St Oil of Calif.
130o stew War Sp.
600]Strom Carbur.
35900! Studebaker
1%
300 studebaker pf. 107%' 107% 106% !106% ? 1%.
4%
2%
11%
43%
1400,Submar Boat
4001 Superior Oil..!
300'Sweets Co Ami
200 Tem C A P A.
900 Tcnn Cop & C.
15900'Texas Co
1600 Tex Gulf Sulp! 41
3200 Tex P C & Oil.j 25%
2600 Texas & Pac..
1800 Third Avenue.1
1300 Tobacco Prod.1
200 Tob Prod pf..
100 T,StL&W cfsB
2400 'i'ranscon Oil..
400 t*n Bag A Pap
900 lTnion Oil ....
1100 Hnion Pacific.
200 1'nion Pac pf.
*00 Un Alloy Steel
700] I 'nited Fruit..
1200ilTnlt Ry Inv..
1400 t"n Ry Inv pf.
5%! 6%)
5%; 5%]
31
20% |
63%
90% i
22%!
9%
56 I
37%
4%
2%
11%
43%
41
25%
31%
21%
4% I
5%
4 I
2%;
10%:
42 ]
40%:
24%
30%
20
4%
5%: .
4
2% .
li !?
43
40% i?
25 ?
31 j ?
21
61%; C0% I 61 I
90%! 90 90
22%! 22% i 22% ?
9%' 8%: 9 ?
56 I 65 I 55 I?
17%: 17%! 17% .
182% 132% 131% 182 ?
73%: 73%I 72% 72% ?
80
3400irnit Retail St.' 44%
30%; 80%! 80
136% ; 137 ;i35%
11%] 11%: 11
47%:
95 ,
69 %1
60 %'
seoo'n s c i p & f
lOO'T/SCIP & F pf
HOOUr S Food Pr..
1400|T" S Ind Alco.
100IU S Ind A1 pf.
300]TJ S R A Tmp.
35001U S Rubber...
200!r S Rub 1 pf.
200 r S S, R A M.
100)U8S,R A M pf
34
66%]
5%;
47%!
94 !
69%
83%
65%
5%
47%
94
69%
60%
104%
36
45
61 21100jU S Steel 94%
400!lT S Steel pf.. 117 % ]117 %! 117 % j 117 %
100]U S Tob t Ctfn: 46 46 | 46 46
lOOjU S Tob pf....|110 |110 (110 jllO
30%, 29
44%, 43%
31%
65%
6%
4H%
94
59
60%' 59%
104%' 104 % 104% +
36 36% 35%; +
45 ] 45 | 45 I
94%; 93%! 94%;
30
137
11%]?
29 j?
43%!?
33 ! ?
66%! ?
#% ?
47% | +
94 l+,
69 I?
GO
94%
11%
?%
28%
14
10%
18%
20%
98%
100
58%
9%
11
%
16%
9%
44%
6
7%
.01
13
4%
24
42%: 27% 39
83%' 25 27
167% 187 i 166
0%
9
27%'
13%
9%
17%
19
96%
89
57%
9
9%
13%
7% |
89%!
14
8
40
40
28
167%
9001 Utah Copper..
200]lTtah Secur ..
8200 Vanadium ....
100 Va-Car Chem.
400 Va Ir. Q A C..
2500 Vivaudou ,...
1400 Wabash
4600!Wabash pf A.
300 Weber A Ilellb
C00 West Md
100, West Md 2d pf
200,West Pacific...
lO West ITn Tel..
300 West Air Br..
1800 West E A M. .
400!Wheel ALE.
27O01 White Oil
8800 White Oil rts.
100 Wick Spen St.
1600 Willys Over...
100 Willys Ov pf..
100 Wilson A Co..
100 Wis Central...
lOOOi Wool worth ...
300 Wool worth pf.]118
BOO Worth Pump..! 49
63% 63%, 62% 62%, ?
14% 14% 14% 14%] +
9?1/. ' 99!k.' #71i tlx
%
1%
%
U
%
%
%
%
%
%
%
m
881;
32%[
43%
10%;
9
27%;
13%
9%;
16%,
18 !
96%
85%
57%
9
9%
.01
14%
8%;
88%
33
44%
10
9%
27%
13%
3%
16%
18
96%
85%
57%
9
9%
1-64
14%
*%
39%' 39%
39 39 ,
27% 27%'
165% 167% 165% [165%
118 [118 118
'49 | 49 I 49
37%
32%
43
9%
8%
26%
13%
9%
16%
18
96%
*5%
56%
9
9%
.01
14%
7%
39%
39
!7%
37%
83 4- %
44%, ? %
9% ? %
8%' ..
27 - %
18% + %
9%? %
16%! ..
38 ? 1%
96%
85%
57
9
9%
.01
14%
8
89%
39
7%
? %
? %
100!Worth P pf B.l 69%| 69%| 69%; 69%
%
%
1
1%
%
%
%
%
119 117 117% 118
53 i 43%! 49%! 50%] 4]
70%) 64% 67%! 69 % I 6!
?Exdlv, tEx right*, tin scrip, x Part stock, e In stock, f Part extra.
NOTE?Odd lot transactions are not recorded In separate line milem tales
m prieo outsid" of the -egular lot rang*
TOPICS OF WALL STREET.
Allied Chemical.
The Allied Chemical and Dye Corpora
tion's shares were strong yesterday on
buying by Interests whe expect an in
crease 1ft Its common dividend in its
directors' meeting to-day. It has been
reported at various times that the di
rectors were considering an increase in
the common dividend from $4 to |6 a
year, but every meeting has gone by
without such action. The strength of
the stock yesterday was considered by
many traders as evidence of forthcom
ing developments of Importance and
none of them could predict anything
1 fetter than a dividend increase to ex
plain the advance. The corporation, on
the basis of recent earnings, could easily
pay a higher rate on the junior issue,
according to insiders. Although the
National Aniline and Chemical Com
pany. one of the company's subsidiaries,
has not made much of a showing *cr a
year or more, other subsidiary*, par
ticularly the Barrett Company and the
General Chemical Company, have been
going along at a very good rate cf earn
ings. The Barrett Company his T:e?n
tne special wlrner of the group, accord
!rg to officials cf the company. Allied
Cnemleal's cash position is very strong
and for m-\ny months the big carpora
t.on Is .?aid tc have been a lender cf call
fi nds in the street.
Darlton Chemical Weak'.
One of the weakest stocks of the list
yesterday was Pax-lson Chemical. In
siders declare that there Is nothing in
the situation of the corporation to war
rant heavy selling which has came !r.?o
the stock in the last week and It Is be
lieved generally that the selling has
been conducted by professional Interests
which sought and found a vulnerable
spot in a market otherwise dangerous
for them to trifle with. Davison's plan's
for continued deveopment of ftp silica
gel process are declared to be un
changed and according to officials of
tlie con-pr-ny, there lg no reason what
ever for the break In the stock. wh'ch
yesterday sold about 10 points below its
high mark, established a few weeks ago.
Call Money TCa?rler.
Call money loaned yesterday at
slightly lower ratea in the New York
Stock Exchange and In the outside
market. In the exchange the rates
ranged from 4 to 4 per cent., and In
the outside market from 31<j to 4'?. On i
Friday rates for call money !n the ex
change were 4H to 4%, and outside 4
to 4 % per cent. Small amounts of j
three to six months' money were loaned ]
at 4 V?. I
American tee Meeting To-day.
A meeting of the American Ice Com
pany's directors is scheduled for to-day
and in certain quarters it is expected that
an announcement of a recapitalisation
plan nifty be made although its officials
have not Indicated when publication of
the plan which they have under con
sideration may he looked for. Various
rumors concerning the plan have gpne
around the Street. The one given most
credcnce is that calling for a splitnp of
the present stock on a four for one
basis with dividnds to be started at the |
annual rate of $3 .on the. new stock,
which would be equivalent to $12
dividends on the present stock. Officials
of the company and banking interests
familiar with the corporation's plans
have declined to comment on the re
ports.
Whole Market Reactionary.
The entire market, was reactionary
yesterday from the very outset and the
only stocks able to move upward aa a
unit were those of chain stores and
mail order concerns. May. Kresge,
Sears-Roebuck and Montgomery Ward
took part In the advance. Kresge sold
at its new high mark since the pay
ment some months ago of a 54 per cent,
stock dividend. At yesterday's prices
it was selling at the equivalent of con
siderably more than $200 a share on
the old stock before the payment of the
stock dividend. The sugar f-hnres did'
better, mainly because their reaction of
last week went much further than did
that In the remainder of the list. Cali
fornia Petroleum was strong on the pub
lication of an excellent 1921 earnings
statement.
Tlenver nnil nio (irandr.
The Perkins committee, representing
holders of the 6 per pent, refunding and
7 per cent, adjustment bond of the Den
ver and Rio Grande Railway, have con
cluded arrangements with. Coverdale V
Colpttt, consulting engineers, for a com
plete survey of the road's physical con
dition. Plans of the committee looking
to a reorganisation in opposition to tho
Western Pacific's plan will await the
engineer's report, which probably will be
made within sixty days. The committee
reports that approximately $5,000,000 of
the 5 j>??r cent, bondu and a sizeable rum
of the 7 per cent, adjustment bonds have
been deposited. Neither that committee
nor the Hammond committee, supporting
the Western Pacific plana, nave received
bond deposit." enough to control the
situation. Tt 1s probable that both com
mittees will extend the time for such tie
po-lta, which expires on March 31.
Rpw Englnnil Cnae T"p Thursday.
The Federal court for the Southern
district of New York will hear argu
ments on March 80 on the application of
the trunk line railroads for an injunc
tion restraining enforcement of the In
terstate Commerce Commission's ord<r
directing a 15 per cent, increase in tho
revenues received by the railroads of
New England on freight Interchanged
with the trunk lines. Although the com
mission Is the defendant In the proceed
ings, the New England carriers ere ex
ported to exercise their legal right to in
tervene and be heard. Tho likelihood
that the losing side In the pending
action will appeal to the United State:;
Supreme Court renders a final decision
Improbable before autumn.
? Rate Decision Doe Soon.
The recent assertion of J. 3. Each,
member of the Interstate Commerce
Commission, that the commission's
pending decision fn the general question
of freight rates would be announced
early in April Is the first intimation re
ceived by local railroad officials that
that body's three month inquiry into
rates as related to return on railway
property value Is about to be concluded.
On evidence presented, railroad execu
tives are confident that the commission
will find that no general downward re
vision of rates will be Justified before
a corresponding reduction in wagea, but
that probably It will order or recom
mend readjustment of specific charges
on several basic commodities. Inaludlng
coal, ooko. Iron, lumber and building
materials, present rntee on which con
stitute an obviously disproportionate re
lation to manufacturing costs. The com
minlru le understood to he opposed to
percentage reductions as carrying the
peril of undue distribution of the bur
den among the carriers and localities.
Wew Middle States Wells.
The Middle States Oil Corporation an
nounced yesterday the completion of
three new wells during the last week.
The largest of them was In Mexla field,
in which a well war brought In at 1.S00
barrels a day. In the Okmulgee section
of Oklahoma a 400 barrel well wsa com
pleted, and In Osnge county, of that
State, a well of 123 barrels dally was
brought In.
Atlantic Gnlf'e Rank Loans.
Bank loans of about 11,800,000 of the
Atlantic Oulf and West Indies Steamship
Lines, which mature on April 1, are to
he extended for three to six montha, ac
cording to Information obtained yes
terday
Accounts
Carried on
Conservative
Margin
Members of
York Stock Exchange
Chicago Stock Exchange
Chicago Board of Trad*
TOBEY& KIRK
Established 1873
25 Bread St. 208 So. La Salle St.
New York Chicago
Standard
Gas and Electric
6s 1935
I
The company represents on a
Jarge scale the best forms of
Public Utility Service.
"ihese notes are a closed issue
protected by earnings largely in
excess of interest. Wc consider
them low priced by comparison
with prevailing investment values.
To yield about 7.70ci
Send for offering.
Reinhart & Bennet
Members N. K. Stock Exchange
r>2 It roadway, .\>w York.
Telephone 0157 Broad
$25,000
Illinois Central
Pur. Lines 3'/2?. 1952
* Int.
To net about 4.95rJ
$50,000
Buff., Roch. & Pitts.
Cons. 4'/i?. 1957
soH * Int.
To net about 5.15'
$25,000
Mobile & Ohio
1st 6s, 1927
103H At Int.
To net about 5.25
All the ubocc are legal in
rtetmenls for Savings Banks and
Trust Funds in Netc York State
R. W. PRESSPRICH
jO Wall St. J? Cfl Phone.
Sew York. ? wW. John 0J07
Municipal and Railroad Bonds
J. K. Mice, Jr. & Co. Will Buy
100 Amfriran (yamniild Pfd.
100 <inn. Northern R. K.
2S Deli!., I.n k. li Wwlern ( on I
UK) K. W. Hllaa Common
100 Klrl>y I unihrr Com. A Ifit.
100 Mtdlnnd Seriirittr*
109 Ward Baking I'M
J. K. Rice, Jr. & Co. Will Sell
N Empire St*?l ? Iron Iffl. I
?S General Raking Tom. .1 Pfd. j
80 Crmmlrh (Conn.) Trust J
100 TnKmnll-Rand t orn.
54) Mrln! A Thermit Com.
BO Mrrrk A. Co. Preferred
80 Phelps-Dodge Corp.
J.K.Rice, Jr. & Co.
Phonaa 40?) to 4010 John. 86 Wall St.. N. Y.
? A SECURITY, the value of '
which is largely conditional
upon the earning* of a business,
?in not an investment, it Is a
venture."
Prom an iddrtn by
James H. Manning
nrutdtnt NJaeional Saving! BorJt
ef tK? City of Albany
A Home Title guaranteed 5)4%
tint mortgage is an investment.
Send for particulars
HOME TITLE
INSURANCE COMPANY
Capital and Surplus Over $1,500,000
31 Willoughby Street, Brooklyn
Bank of Manhattan RaJldin g. Jamaica
Empire Gas & Fuel
6a, 1924 H
Bought?Sold?Q*ic!*t
H. F. McConnell & Co. I
Mim\b*ri V?H> Y*rh Stock Kichang* ,
8!) P'way. M. T. Tal. lUml. Or. M>M-iiy
New Ori. Gt. North.
1st Ss 19S5
Wolff &Stanley
Tel. Rector 2920 72 Trinity PI.
An W th* T.ooi ow<1
Fou*4 oolwnMta of THK JTJ? TV YORK
HBRALD offort a rmal pootibtHty of
rooovoring your loot proporty.

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