18
BUS IN ESS .. AND FIN AN C E .
RESERVE RM
SHOWS
RISE;
Deposit Liabilities Fall Off
$64,800,000 Weekly,
Report Shows.
By HARRY GUSACK. .
A gain in the Federal reserve
ratio is shown for the week ending
February 21, according to the week
ly bank statement issued by the
Reserve Board showing the condi
tion of Federal reserve banks.
Net liquidation of $53,800,000 of
discounted bills by "the New York
Reserve Bank, as against a further
increase of $28,300,000 in. discounts
held by the other reserve banks,
* is shown in the' statement .’ssued
as at close ,of business on February
21. Acceptances purchased in open
market show'' a decrease for . , the
week of $2,100,000, and Government?
security holdings an increase of
about $500,000. Deposit liabilities
fell off about $64,800,000, while
Federal reserve note circulation in
creased $16,900,000. Total cash re
serves show'a decline of .$15,400,000,
while the reserve ratio,'because of
the substantial- reduction in de
posits, shows a rise for ’the week
from 75.3 to 75.8 per cent.
Gold reserves decreased by s3,i
SOO,OOO. Shifting of gold through
the gold , settlement fund accounts
for the increases in gold reserves
of $26,600,000 and about s7ftoo,ooo
shown for the New York and Chi
cago reserve banks. . AU other re
serve banks show, smaller gold re
serves than the. week before, Kan
sas City, by $7,500.,000; San Fran
cisco. by $5,700,000; Atlanta, by
$5,600,000; Richmond, by $5,200,QPQ.
and the six remaining banks, by
$12,800,000. ; ■ ‘
Holdings of paper secured' 'by
Government obligations show a re*
duction for the week from $428,-
700,000 to $368,200,000. Os the total
held on February 2R
or 46.9 per cent were secured by
| 'United States. bonds, $2,300,000, or
| 0.6 per cent by Victory notes, $177,-
l 200,000, 0r'48.1 per cent by Treasury
notes, . and ; $15,900,000, or 4.4- per
cent by Treasuiy .certificates, com
pared 'with $197,200,000, $4,600,000.
.$186,400,000, and $40,500,000 reported
- the week before.
Names Trust Officer.
Wharton E. Lester was named
trust officer of the District National
.Bank at a meeting of directors of
that institution yesterday. Mr.
Lester is also general counsel for
the institution. .
- Following the meeting. President
Col. Robert N. Harper announced
that the institution .will, at once,
begin the construction of a mezza
nine in the rear of the bank. This
mezzanine, it was explained, is an
absolute necessity, to house a goodly
proportion of the institution’s cler
ical force which is now function-,
ing in rather cramped quarters, due
to the rapid expansion and steady
growth of the bank.
Baltimore Crain Markets.
Wheat —Steady. No. 2 red win
ter, 1.33%; No. 2 red winter, gar
licky, $1.32%: receipts, 23,026 bu.;
shipments, 83,026 bu.
Corn—Steady. No. 3 yellow or
''better, domestic, 90@91c: receipts,
172,102 bu.; shipments, 180,775 bu.
Oats—Quiet; offerings ample. No.
2 white domestic, 55@55%c; receipts,
4,002 bu.; shipments, 4,442 bu.
Rye—Firm. No. 2 Western ex
jport. spot, 96 %c; receipts, 37,613
bu.: shipments, 50 bu. '
Hay—Quiet, unchanged.
Flour—Steady. L
Oil Stocks.
(Furnished by W, B. Hibbs & Co)
• I Bld Ask.
Anglo-Am. Oil Co. New 18% 18%
Borne-Scrymser C 0...... 110 115
Buckeye Pipe Line Co.. 89 90
Cheseborough Mfg. Co., 223 > 1228
Continental Oil Co. 48%1,49
Crescent Pipe Line Co.. 22 24
Cumberland Pipe Line.. 1114 116
Eureka Pipe Line 11l • 114
Gdlena-Sig. Oil Com I 75 76
Galena-Signal Oil Pfd..,.. 110 112
Illinois Pipe Line C 0... .1168 ;. 170
Indiana Pipe Lftie C0..1 98 99
National Transit C 0....! 28 29
New York Transp’n Co. 133 1.135
Northern Pipe Line Co. 108 110
Ohio Oil Co 84% 85%
Prairie Oil &-Gas C 0... 265 269
Prairie Pipe Line Co.. 115 116
Solar Refining Co ~ 195 205
Southern Pipe Line Co. .110 ■ 112
Sbuth. Penn Oil C 0.... 191 194
Southw. Penn. P. L. Co. 82 84
Standard Oil Co. (Calif.). tfO%L 60%
Standard Oil Co. (Ind.).. 67% 67%
Standard Oil Co. (Kans.) 54 54%
Standard Oil- Co.. (Ky.).-. 108 109
Standard Oil Co. (Nebr.)J27o 280
Standard Oil Co. <N. Y.)| 48% 48%
Standard Oil Co. (Ohio).. 300 1305
Swan & Finch Co 30 35
Union Tank Line C 0.... 85. 90
Vacuum Oil Co .-/ 53% 54
Washington Oil C 0...... 26 30
Pennsy.-Mex. Fuel.. 23 25
DIVIDEND NOTICES? -
American Telephone A Telefraph Co.
134th Dividend
The regular quarterly dividend of two
dollars and twenty-five cents per share
will be paid on Monday. April 16,- T 923,
to stockholders of record at the close of
business on Friday, March Is. 1923.
On account of the Annual Meeting of
the stockholders, the transfer books will
be closed at the close of business -on
Friday. March 16. 1923, and reopened «t
10:00 A. M. on March 28. 1923.-
H. BLAJR-SMITH. Treasurer;
MERGE NTH ALER LINOTYPE CO.,
Brooklyn. N. Y„ February 20, 1923.
DIVIDEND 109.
A regular quarterly dividend of 3Mi
per cent on the capital stock .pf
Mergenthaler Linotype Company will be
paid on March 31, 1923, to th" atock
nolders of record as they appear at the
close of business on March 3,, 1923. Tbs
Transfer Books will not be closed.
JOS. T. MACKEY, Treasurer.
Swift & -Company
Inion Mock Yards Chicago
Dividend No. 149
Dividend of TWO POLIAKS<BB.OO) per
•hare on the <•«.>> tai stock of Swift &
Company, will be paid em April 1. 1928,
to stockholders of record,- March IS, IMS,
an shew* ea the books gs the company.
C. A. Secretary.
I Local Stocks.
. 1 ' SALES.
I Capital Traction s’s. $1,000@97%,
r $i.0(W97%/.
Washington Railway and Electric
4’s, $1,000@72%. SI,OOO @72%, $3,000
@72%, sl,dOO@t2%. $2,000@72%,
$2,000® 72%, $1,000@72%, sl,ooo@
72%, $3.000@72%.
Capital Traction, 10@99.
Washington Railway and Electric
pfd., 2 @74.
Washington Gas Light, 10@52.
Continental Trust Company, 10 @
90, 4@90, 10@90.
i After Call — _ „„„„
Washington Gas 7%’s, sl,ooo@
t 03%.
Capital Traction s’s, SI,OOO @97.
Public Utility Bonds. 1 Bld. Ask?
Am. Tel. & Tel. 4's 92 92%
, Am. Tel. A Tel. 4%’5.... 100 101%
, Am. T. AT. C’t’l Tr. s’s. 98% 99
’ Am. T. & T. Conv. 6’5... 115% 116%
‘ Anacostia A Potomac s’s. 89% 90%
;>Ana. & Pot. Guar. 5*5... 89% 90%
. C. &P. Telephone 5’5.... 97 .....
C. AP. TeL of Va. 5’5..,. 93 94
Cap. Traction R. R. s’s.. 97 97%
■ City & Suburban 5*5...., 83% 86
: Georgetown Gas lst s’s.. 88 89%
. Metropolitan R. R. 5’5... 97
Potomac Elec. Ist 5’5.... 97 98
1 Potomac Elec. Con. s’s.. 97 97%
, Potomac Elec. Deb. 6’s. 100 .....
Pot. Elec. Pow. G-M 6’s. 100 .....
, Pot. El P. G-M & ref. 7’s. 106% 107%
Wash., Ahk.AMt.V. s’s. 25
Wash., Balt. & Mt.V. ctfs. 24
Wash., Balt. & An. s’s.. 76% 77%
Washington Gaso’s,.... 94~] 95%
! Wishing ton GasT%’s.'.. 103 ....
Wash. Ry. & ElCc. 4’8... 72% 73
Wash- R. AE- G-M 6’s., 99%|100%
Miscellaneous Bonds, |
D, C. Paper \Mtg. 6 8... 80
Riggs Realty-s’s (long).. 93 .....
Riggs Realty s’s (short). 98
Sec. Stge. A Safe Dep.‘ 6’S. 95 r .....
W. M. Cold Storage s’s. .96 .....
Wardman Park Hotel 6’s. 100 101%
Public L’tiiny eitbeKs. ‘f r FZ
Am.,tel. A Te1..»... ,123 .....
Capital Traction ........ 98% 99%
Washington Gas 51 51%
N. A’W. steamboat.. . 202 .....
Wash.Ry.A-Elec.com.. .64% 65%
♦Wash. sy. & Elec. pf;. . 73% 74
Terminal Taxi pom 75
Terminal Taxi pf........ 90
. National Bank Stocks. | •
Federal-Am. &at. Bank- 198 .....
-Capital Nat. Bank, 200 .....
Columbia Nat. Batik.:... 230
Commercial Nat. Bank.. 147 149
District, Nat. Batik... ..# 173 185
FaE A Meeh. Nat*: Bank. 243 • .....
Liberty Nat. 8ank...... 129 .
Lincoln Nat;, 8ank....... 240
Nat. Metropolitan* Bank. 230 242
Riggs Nat. "'Bank 565 .....
Second Nat. Bank 1150 165
Wellington Nat. 8ank.195 |2lO
■ Trust Company Styks/ p'Y
Am. Security Trust.. /'3OO 31Q ■;
Continental Trust ....... ftO -Sfr/b
Merchants’ Bank - 137 12b "
Nat. Sav? A Trust .. .'.1325 356
Union Tru5t............ i.. 144 ....;
Wml?- Loan A Trust.... 322 |330
Savings Bank Stocks. I |
Commerce A Sav, Bank. 180 .....
East Wash. Sav. Bank.. 18
Sec. Sav. & Com. Bank.. 245 250
tSeventh St. Sav-..Bank.. 175
iU.-’B- Savings Bank.;... 270
-Wash. Mechanics’. Bank. 30
, Fire Insurance Stocks. I- |
Am. Fire Ind..'. 225 . ....
Corcora > Fire 1n5..... 100 .....
Firemen’s Fire Ins. ....J 18
•Nat. Union Fire 1n5....| 8 .
Titlte Insurance Stocks. | ’
Columbia Title Iqs. | 6 TT.- .
Real Estate Title 1n5....|120 .....
Miscellaneous Stocks. 1 j
Col. Graphophone .com,. 2% 3
CoL Graphophone pf.... 9 11
Merch. Trans. & Storage. 100
-Mergenthaler Linotype-• 174 176
Old Dutch Market com.. 2 % 6
Old Dutch Market pf.... ..... 7%
Lanston Monotype ..... 79 79%
Security Storage '•...... 220
Washington Market .... 38
Yellow Cab ..| B%|
•Ex-dividend.
Short Term Securities.*
(Furnished by W. B. Hibba & Co.)
Al. Co. of Am. 7’s, '25... |103%|103%
AL Co. of Axik 7’B, '33...|106 |106%
Amer. Got. Oil 6’s, '24..| 91%| 92%
.Amer. Sugar 6’s. ’37 i102%j108%
Amer. T. & T. 6’s. ’24.... |100%!100ig
Amer. T. AT. 6’s, ’25. ..|lls 116
Anaconda Copper 6’s. ’29.|102% 103%
Anaconda Cbp. 7’s, ’29.-.j103% 103]j
Anglo-Am. Oil 7%’s, ’25,.|102%|103
Armour A Co. 7’s, '30.,. .|105^ ! 105%
Bell Tel. ofjCan. 7’5,.’25..|103 |103%
Bethlehem Steel 7’s, ’23. |104%!105
Canadian Nor. s%’s, ’24.
Canadian Pac, Ji’s, ’24... HOO-fS ! 101 fl.
Central Leather s‘s, ’25.| 98%i 99%
C.. C., C. A St. L. 6’s. ’29.1101% 1101%
Chicago Tel. s’s, 1923....(100 (lOOflj
DuPont 7%’s, 19.31 J108%!108%
Goody. T. A R. B’s, 1931. .1103% 1104%
Great Northern 7’s, 1936.|109 109%
Hocking Vai. 6’s, 1924...!100% 100%
Humble Oil s%’s, 1932...! 98% 9874
Kansas C. Term. 6’s, 1923|100% 100%
Kennecott Cop. 7’s, 1930. 104 104%
L. McN. A L. 7’s, 1931... 100%(101
M. 6%’b, 1931 103% 104%
Morris & Co. 7%’s, 1930, 106% 106%
Penna. R. R. 7’s, T 830.... 109 1109%
St. P. Un, Dep. s%’s, 1923
Sears-Roebuck 7’s. 1923.. 101%!101%
Svm. Bell 7’s, 1925.’ 1024 j I'O2A
Stapd. Oil Cal. 7’s. 1931. .1106%106%
Tidewater Oil 6%’s, 19.31.1102% 1103%
Urtion Tank Car 7’s, 1930'103 1103%
WeS(. Union 6%’s, 1936. .H09%;i10
Westing. E. &. M, 7’s, 1931|108 ~|loß%
-Chicago. Grain Market.
By Coambpolltan News Sen-Ice.
CHICAGO, -Feb. 24.—Grains open
ejl a shade higher today. Wheat at
Liverpool closed '% pence and %
pence better than the previous close.
.Opening, prices here were:
Wheat—May, $1.18% @1.18%; .July,
$L14%@1.14%; September, $1.12%@
, Corn—May, 74%@74% cents; July,
75% @75% cents; September, 76%
cents. «
Oats—May,' .45 cents; July .44%
j cents; September, 42% cents,
j Rye—May, 86% cents.
Strong commission houses bought
wheat at the start and offerings
were. limited. ' The strength shown
at Liverpool was unexpected. A
naixedrFade featured the corn open
. ing. There was some,buying by an
Eestero comrpission house. bats
[ trade was light.
Seaboard and foreign advices
stated that there was very little
prospect of export business, as
Argentine wheat' was being offered
» freely- at cheaper prices. Bulge
saJes are still in order. > -
The action of corn-Is still expect
s _ed‘ to he dominated to a great ex
ten* by movement of
: Temperatures Southwest continue
• mild with a trace of moisture at
. several points.
THE WASHINGTON TIMES • *. Th» National DaUy » * SATURDAY, FEBRUARY 24, 1923.
STOCKS D B OPi
AFTEfI FIRM
OPENING
Profit Taking Causes Market
to Develop Reactionary
Tendency.
By W. s. COUSINS.
(Copyright, 1923, by Cosmopolitan
News Service.)
NEW YORK, Feb. 24.—After a
strong and steady opening in which
a number of the active stocks
reached slightly higher price levels,
the stock market developed a reac
tionary tendency today and prices
were generally lower.
The early trading was character
ized by another rally in the motpr;
industrial and a few of the'railroad
stocks, the feature being the rise of
nearly three points in Maxwell Mo
tors. Eastman Kodak,. Producers
and. Refiners, Illinois Central and
Retail Stores were the most active
and buoyant of their respective
groups.
Profit-Taking.
Because of the preponderance of
favorable news in the domestic busi
ness situation and the further evi
dences of industrial activity, it was
plain that selling pressure in die
stock market was due to profit
taking by traders who have been ac
cumulating ptiper profits for a week
or more. The Commerce Depart
ment’s estimate of an 18 per cent-fn
crease in December exports of iron
and stasl was a favorable factor in
that division of the niarket, while
the copper shares received the stimu
lus of another budget of constructive
reports.
Louisville and Nashville was the
most active of the high-priced rail
road shares, -selling in good -volume
above 154 for a new high price
record. Washington reports that the
Commerce Commission had approved
the application to distribute $45,000,-
000 stock as a special stock divi
dend - stimulated demand for this
stock. Atleyntic. Coast Line, a large
stockholder, also gained over two
points in active trading.
Studebaker, Baldwin, United States
Steel and other of the market lead
ers were under professional pres
sure -until the latter part of the
second hour, when they rebounded
in good,form to. near their previous
high levXh\.After v declißing to 137%,
Baldwin sold ud 10,.135% and
United/Stated StCeT advanced from
107%
Tne Standard Oil. and- a small
number of the independents reflect
ed the further advance in prices of
gasoline, most of these stocks sell
ing at higher prices near the close
of the market. Cosden was particu
larly active around 59. ■.
The market was sluggish and fea
tureless in the last period, with
prices holding strong in every de
partment. . : ;
Bonds Irregular.
There was an irregular tone to
the bond market, with slightly low
er prices for Liberty bonds and do
mestic rails and industrials. The
new treasury 4%’s broke below par,
and losses on the Liberty bonds
ranged from 2 to 20 cents. Cerro de
Pasco Copper 8 per cents were down
2 points at 140%. Magma Copper
7’s up 1% at 118%, Norfolk and
Western Railroad convertible 6’s and
Atchison 4’s each down 1%, Sea
board Air Line 6’s down 1 point and
New Haven convertible 6’s up % at
69.
His confidential staus in the dry
Curb Stocks.
Furnished by W. B. Hibbg A Co.
Prices at noon: Bid. | Ask.
Acme Coal.. v ........... 58 60
Ark. Nat. Ga 5.......... 7% 8
Arnold Constable 18 19
Candelaria 26 28
Carib Syndicate 5% .5%
Car Light & Power 1% 1%
Centrifugal Cast 1r0n... 13% 13%
Cities Service New 19 19%
Cities Service Old 191% 1?3
Cities Service Pfd. 69 •69 %
Davis Daly. 4% 5%
Dubilier... 5 s*/s
Durant of Delaware .... 68 68 %
Durant- of Indiana 18% 18%
Engineers Petroleum...;. 15 17
Eureka Croesus 28 30
Federal Oil 93 95
Fortuna Mining 28 30
Gillette Safety Razor. .280 284
Gilliland Oil 4% 4%
Glen Alden C0a1........ 68 68%
Glen Rock Oil l/ 8 Ift
Goldfield Deep Mines... 17 18
Goldfield Florence 56 58
Goodyear T. A R 14 ■ 14%
Goodyear T. & R. pf 47% 48%
Gulf Oil of Penna 65% 66%
Heyden Chemical ........ 2% 2%
Hudson Oil 11 12 ;
independence Lead 35 36 j 1
Interconinental Rubber.. 5% 5%
Internal. Petroleum new. 24 .24%
Jerome Verde 2% 2%/
Lone Star,..-.. 5 j 6 i
Lyons Petroleum ....... 1 Ift
Mammoth Oil 52%: 53%
Maracaibo Oil 10 10%
Marland Oil of Mexico.. 3 3%
Marlin Firearms 3% 4%/
Mason Valley 2% 2%
Mercer Motor VTCL 1 % 1%
Merritt Oil- Z. 11 11%
Mesabi 10% 10%j
Mexico Oil Ift 1%
Mountain Producers ~. 19% 20
Mutual Oil 15% 15%
Natural Supply of Del.. 61% 61% '
National Tin 22 23 j .
New Fiction Pub........ 7 9 .
Nevada Ophir 15 18
New Cornelia 'l9 20%j'
Nipissing Mines 6 6%
Omar Oil Ift . Ift
Pennock Oil 11 %| 11%
Phillip Morris 17 19
Pyrene Mfg. Co 10% 10%.
Radio Common 3% 3%
Radio Preferred 3 3ft
Reo Motors 13% . 13%
Salt Creek New I 24%| 24%
Sapulpa Com 3% 3%
Schulte Stores 63% 64%
Southern Coal & Iron.. 25 27
Stutz Motors 19 20
Tidal Osage 12% 14
Tonopah Divide ....... 67 70 1
Tonopah Extension 3 .3%
United Eastern 2ft 2%
United Profit Sharing . 5% 5%
United Shoe Machinery. 53 53% I
United Shoe Mach. pfd.. 26%| 28 I
-United Retail Candy .. 6% I 7 I
Wayne Coal 2 | 2% I
West End Cions I%| Ift
Wilcox Oil A Gas 1 9%| 9%
Yellow TkYi of N. Y.... fl 35 |l4O
NEW YORK STOCK EXCHANGE
• Quotations Received bf W. B. Hibbs & Co. * "•'* '
. / .. .
/ High low Close Gloae
Air Reduction. 63X 63X
t^ X^ Übber '" 14 13X 13X 13&
Aills Chalmers. 49X 49&
Allis Chai, pf.., 96Ji
A. Chem.ADye 77% 77% 77% 77%
A Ch. A D. pf. no% uQ% ,
A. Ag. Ch. pf... 08% 68 68 67 .
A. Beet Sugar.. 46 46 46
Am. 805 ch..... 45% 45% . 45% 46%
A.Car AFdy... 182 182 182 183
Amer. Chicle... 9% 8% 9 8% |
Am. Cot. 0i1.... 17% i§% Is% 18
Am. dot: Oil pf. ! 33% z 33X 3354! 33%
Am. Drug gyn. 7% 7%
A. Hides A Lea. 12% 12% 12% 12%
Am. 1ce.... . ... 106 106 106
Am. Ice pf 88 88 88
Am. In. Corp... 26% 26 26% 26
Am. L0c0...... 127 X 126% 12W 127%
Am. Dopo. pf... 121 121 121
Am. Linseed... 34% 3454
Am. Lins. pf...., 57 57 57 56%
Am. Mettil 52% 52% 52% 52%
Am. Metal pf... 116 116 116
Am. Sty. Razor. 8% 8% 'B%
Am. S. Atom: . 17% 17% 17% 17%
Am. Smelting.. 63% 63% 63% 63%
Am. Steel Fdy. 39 , 38 38 38%
Am. Sugar..... 82 81% 81% 81%
Am. Sug. pf 108 108 ; 108 108
Am. T;&T 123% 123 123% 123
Am. T6bacco... 157% 155% 157% 154%
Am. Tob. new.. 104 104 104 • 104
Am. Tob. 8...'. 154% 1§4% 154% 154%
Am.W.Wks. 6’s 54% 54% 54% 55
Am. Wool. 105 103% 103% 105
Am. Zinc...... 18 18 18 18%
Am. Zincpf.... 56 56 56 56
Anaconda 51% 50% 51 51%
Asso.D.Goods. 74 72% 73% 72%
Atchison....... 103% 102% 103% 102%
Atlantic Ref’g.. 144% 143 144% 142
At. A Birm. .... 3 3 •8_ 3%
At. G. A W.l.pf. 18X 18% 18%
Atlas Tack.... 20% 20 20
Austin Nichols. 31% 31 31 31%
Baldwin Loco.. 136% 137% 137% 138%
Balto&Ohio. 53 52% 53 - S 3
B. pf 60% 60% 60% 60%
Bayuk 8r05.... 55 '55 55
Beech-Nut 63% 63% 63% 62%
Beth. Steel 8... 66 65% 66 65%
Bk. R. T. cts.. 8% 7% 8% 8%
Brooklyn R. T. "9% 8% 8% S
-Brook. U. Gas. 121% 120 121%
Burns Bros. A.. 138% 138% 138% 138%
Burns. Bros. B. 38% 38% 38% 38%
Bntte Copper.. 11% 11% 11% 11%
Butte A Sup... 33% 33% 33% 32%
Calif. Packing. 86, 85 86 84%
Calif. Petrol... £3 82 82% 83%
Cal. Petr. pf... 98% 98% 98% 99
Callahan 11% 11% 11% 11%
Canadian Pac... 149% 148% 149 149%
Case P. Wks,. 4% 4% 4% 4%
Cent; Leather.. 37% 37 37 37%
Cent. Lea. pf.- 74 .74 74 , 74%
C. R. of. N. J... 220 220 220
Cerro de Pasco 47% 46% 47% 47%
Chandler Motor 72% 71% 72% - 72%
Ches. A; Ohio.- 74 .74 74
CHf. A Al. pf... 5% 5% 5% 5%
Chicago Gt. W. 6% <6% 6% 6%
Chi. G. W. pf.. 14 14 14 14%
C. AE. 111. R.R. 36% 36% 36%
Chi. AN; W.. £6 85% £6 86%
C. AN. W. pf. 118 118 118
C., M.ASt. P... • 25% 25 25 ■ 25%
C.,M.ASt.P.pf... 43% 42 42% 43
C., R. I. A P.- 36% 36 36% 36%
C..R.1. &P. 7’». 92% 92% 92% 92%
Chi. Pre. Tool. 87% 87% 87% 88
Chile Copper . 29% 29% 29% 29%
Chino Copper . 29% 29 29% 29%
Cluett Peabody. 70 70 70 70
Col. Fuel A 1.. 29% 29% 29% 30
Uol. Gas A El.. 109 109 109 109%
Col. Graph© .. 2% 2% 2% 2%
Comp. tab. 79% 79 ' 79% 79
Coca Cola .... 75 74% 74% 75%
Con. Can. w. i.- 49 48 48% 49
Cont.Cig.Corp... 37% 37% 37% 37%
Con. Gas. New. 66% 66 66 , 66
Cont. Insur. .. 102% 102% 102% 103%
Cont.. Motor .. 9% 9% 9% 9%
Cont.Tex.Corp.. 13% 13% 13% 13%
Corn Products. 138% 135% 136 - 137%
Cosden Corp.... 59 * 58 59 58%
Crucible Steel. 79% 78% 79 79%’.
Cuba Am. Sug. 35% 35 35% 35%
Cuba C. Sug.. 18%' 18 18 18%
Cuba C. S, pf.. 58% 57% 58 58%
Cuba Dom. Su. 10% 10% 10% 10%
Dav’n C’l Co.. 34% 34%’ 34% 34%
Del. A Hud. .. 121 119 120 121%
Del. L. 127 127 127 128
Dome Mines.... 41% 41%' 41%
! Eagle 0U...;. 29% 28% 29 29
I Eastm. Kodak., 113 111% 112%' 111%
! Elec. gtorage. e 59 58% 59%
1 Emerson Br.pf. 29 29 29 29%
- End. John.... 76 76 76 . 76%
End. John, pf... 115 115 115 115
Erie 12% 12% 12% 12%
Erie Ist 19% 19% 19% 19%
FAinous Player. 88 87% 88 87% |
Famous Pla'pf.. 96 96 96 95%
F. M. AS. pf..! 53% 53% 53% 54%
Fifth Ave. Bus. 8% 8 8
Fiske Rubber.. 15% 15% 15% 15%
Fleish. Y. C 0... 40 . 39% 33% 39%
Fre-Tex. C 0.... 20% 19% 19% 20%‘
i Gen. Asphalt... 46% 45% 46% 4®%
j Gen. Electric. ~ 186 186 186 186
j Gen. Elec. Spec. 11% 11% 11%
Gen. Motors.... 15% 15 15 15
Gimbel Bros, pf 99% 99% 99%
Goldwyn Pict... 6% 6% 6% 6%
Granby Mines.. 29% 28% 28% 29
Gray A DaVls.. 13 13 13 13%
Gt. North. Ore. 33% 33% 33% 33%
Gt. North, pf... 78% 78% 78% 78%
Gt.W.Sug.pf...‘lo6% 106 106% 106
G. AN. Ry.. 19 19 19 19
G.M.AN.R.pf... 58 57 57 59%
Gulf State Stl.. 91% 89% 91% 91%
Guanto Sugar.. 12% 12% 12% 12%
Haibershaw El. 1% 1% .1% 1%
Hartman Corp. 92% 92 92% •• ,
Hayes Wheel... 41 40 40 40%
IH. R.Mal. & Co. 35 35 35 35%
I Hend.Mfg.Co,.. 21% 21 21 21%’
I Houston 0i1... 72% 71% 72 72%
Hudson Mot... 29% 29% 29% 29%
Hydraulic Btl.. 5% 5 5 5
111, Central...... 116% 116% 116% 115%
Yes.
• ; , High tow Close CIOM
Inspiration Co® 41% 41% 41% 41
Inter. ,Ag?. pf. 33 33 33. 33%
Inter. Cement..’ 39% 39 ‘ 39% 39%
I "; Co ' ofen «- 2 5% -25% 25% 25%
Alter. Harvest . 94= 94% 94# 94%
Itit.Hta-y. : pf..7.ii4X'iM% U 4%
Inter. Nickel... 15% 15% 16% 15%
Ihv. 0i1...;« j7% ; 1/% 17%
Inter. Paper...! 53% 53% 53% .54 ‘
Iron Prptfuets;. - 62% - 50% 51% 50%
Inter Shoe 33% #% 33% 37%
|J. Kayser C 0... 44 44 44 45%
Jewel Tea....... 22% 21% 22% 21%
Jewel Tea pf... 78% 76 • 77% 75%
JopesTea 97 53% 53% 57%
Jones & La. pr.. 108% 108% 108% 109
Kelly gpg. Tire. 54% 54 54 54%
Kain. City 50... 23% 23% 23% 23%
Kan. A Gulf.,. 2 2 2 2
Kelsey Wheel.. 109 109 109 111
Keystone Tire.. 9% 9% 9% <9%
Kbhnecott..... 42% 41% 42*» 42%
L. E. AW..33 32 33
L7 E. &• W. pfd .. 71% * 71% 71%
Ueeßub.A-T... 29% 29% 29%
Lehigh Valley., 68% 68% 68% 68%
Lima L0c0..... 68% 66% 68% 67%
Loft (1nc.)..... 10% 10%
Lorillard ...... 173 173 173
Louis. & Nash.. 154% 150 154% 150%
Mackey.. 117% U7% 117%
Otis Steel pf... 63% 63% 63% 65
Mna.Elec.Sup.. 58 ’ 58 58 57
Mclhtyre..!:.. 18% 18 18 ! :
Mack Truck...,. 72 71 71 .72%
Macy R. H. pf.. 114% 114% 114%
Magma 0i1..... 36%, 55% 36% 35%
Manati Sugar.. 63 62 62 62%
Market St. Ry. . 9 . 9 9
Marine 10% 10% 10% 10%
Marine pf 41 41 41 41%
Marland 0i1.... 40% 40 ... 40%. 41%
Ma. Mot. A..... 51 48% 50% 47%
Max Mot. C. 8.. 16%- 15% 16% 15%
Mex. Sea. 0i1... 18% 17% 18 17%
May Dep. 5t.... 75% .74% 75%- 75
Miami Copper.. 29% 29% 29% 29%
Midvale Steel.. 29% 29 29% 29%
Mid. States’ OIL' 11% 11%, 11% 11%
Mother Lode... 13%.'13 13 13%
Mo. Pacific..i.-..' 18% 'lB% 18% 18%
Mo. Pacific pf.. 47% 47 47 47%
Mont'y Ward.. 23% 23%' 23% 23%
Mont-. Pow 71% 71% 71% 70
Moon Motors. .„ 22% 22% 22% 22%
Na.,Cloak&B.-, 65 65 6&
N..Clk. A3. pf. 100 100 100. 100
Nat: Biscuit.... 42% 41% 42% 42%
Nat; Biscuit, pf 124 122 122 '
Nat.En.&St... 69 *68% €B% 69
N k Y. Dock ... 23% 23%h 23%,
Nat. C. C.. .... . 1% 1% 1% 1%
N.R.ofM.2d pf. 4% 4% . '4% 4%
Nev. Con. Cop.. 16% 16% 16% lr%
N. Y„ O. A W.. 19% . 19% 19% 19%
N.Y.N.H.AH. 20% 20 30 20%
N.Y. Central..., 98 97 ‘7% 97%
Nor. A Weat.:: ?
North Amer... 119% 118% 119% 418%
Nor. Am, pf. 47% 47% 47% 47%
North. Pacific. 80 79% 79% 79%
Ohio B. &B. Co. 9 9 9*9
Ok.Pr.A Rf. Co. 2% 2?1 2% 2%
OrpheumCir... 19% 19% 19%
Otis Steel 11% H% 11% 11%
Owens Bottle.'. 45% 45% * 45% 45%
Pacific Oil Co. 45% 45% 45% 45%
Pa. Sea Stel... 4% 4% 4% 4%
’Pacific Devel.. 11 1 j
Pac. G. AL. Cl>. 81 81 81 81
Packard Motor 14 13% 13% 14
Pan-Am. Pet... 80% 79% 80 80%
Pan-Am.Pet.B. 71 71% 71%
Penn. R. R...;. 46% 46% 46% 46%
Pere Marquet. 40 39% 39% 39%
Pere Marq. pf. 67% 67 67 68
Phillips Pet... 59- 68% 58% 59%
Phila. C0a1.... 45% 45 45% 46%
Pierce-Arrow... 12% 12 12 12%
Pferce Oil 5% 5% 5% 5%
Piggly Wiggly 64% 64 64 64%
Pitts. AW. Va.. 38% 38 - 38%
Pitts. C0a1..;. 64% 64% 64% 64%
Prod. A Ref,.. 54% 53% 54 E4
Pullman P. Car. 129 129 129 .129%
Punta Al. Sug. 59% 58% 59 59%
P.Ser.Qor.N.J.. 100 59% 99% 100%
Pure Oil 30% 30 , 30%
Ray Con. C. Co. 16% 16 16 16%
Reading 79% 79 79% 79%
Read. Ist pf... 5i% 51 51 52%
Rep. I& S 57% 56 56% 57%
Rep. I. & S. pf. 93% 93% 93% 93%
Replogle Steel. 29% 28% 28% 29
Reyn. Spg. Co.. 26% 26% 26% 26%
R. Dutch N. Y. 53% t 3% ’ t 3% 54%
gavage Arms..’ 23% 23 23 23%
SC Jos, Lead.. - 20% 20% 20% 21
Sea. A. L 7% 77 7%
Sea A. L.pf.... 12% 12% 12% 13 ’
Sears-Roebuck. 87% 87% 87% 88%
Seheca Copper-11 11 11 11%
Shat. Ariz. Con. 10% 10% 10% 10%
Shell Un. 0.... 15% 15 15%- 15%
Simms C 0..... 26%' 26% ' 26%. 27
S|mms Pete... 15 14% 14%/ 14%
Sinclair 0i1.... 33% 33% 33% 33%
Sloss-Sheffiyld. 50% 50% 50% 50%
Skelly 0i1../.. 13 12% 12% 12%
Spicer Mfg. Co. 26 25% JO% 25%
St. L. &S. F.. . 25% 25% 25% 25%
St.L. & S.F.pf. 48% 47% -47%
St.L. S.W, R.R. 35 34% 35 34%
St.L. S.W. pf,. 61% 61 61% 61%
Southern. .Ry. ?. 32% .32% -32%, .33
South. Ry. pf.. 69% 68% 69% 69
South, Pacific. 24% 93% 94% £4%'
Sou. P. R-Sug;. 60% 59/. 59- 60%
St. Oil of Cal... 61% 60% 61% 60%
St. Oil of N. J. . 42% 42% 42% 42%
St. Otl'N. J. pf.. 118 118 US 117%
Sterling Prod. • 60% . 60% 60%
stew. Warner.. 94% 94% 24% 94%
Strombg. Corp.. 81 79% 80 80%
Studebaker.... 121 119% 119% 120%
Stl. A Tu.of Am 102 101% 102 • 101%
Sub. Boat 11% 10% 10% 11%
Superior Oil. •6% . 6%, ' ■6%,
Tenn. Copper % 12% 12% 12% 12%
Tex..& Pac<.... 26% ,26 .26 26%
Texas C 0.....« 61 50% 50% 50%
Tex. P. C. & Oil.' 23%’ 23% 23% 23
Tex. Gul. Sul. .. .61 60% 61 61
Tobacco Prod.. 57-%' 56% 57 57
Tdbacco pf,... 113 112% 113
Tob. pf. A...... 83% 83% 83% 84
Tide Water Oil. 137% 136 137 137
fmctnv
HIE SWEEPS
mouc
'/-A ?** * • * ’ !
Grain and Coal Only Commodi
ties Shewing Weakness, * |
Bradstreet Says. -
By Cosmopolitan News Service.
NEW YORK,, Feb. 24.—Brad
street's Weekly Review of Business
says today: I
“Perhaps the most notable feature 1
of the week has been the ag
gressive strength of commodity
prices.' The commodities showing
weakness i have been soft coal , ahd
the grains. Coal is easier at the!
eastern, and lower at the > western
markets. • -
“The leading grains have gone
off in price from the high points of
early February, due- to reported
slack export buying, heavy stocks;
in this country and Canada, and
competition of, countries of tife
southern hemisphere. Evidence that
increased employment of money is
affecting rates is found in thead
vance rediscount rates by all of the
Federal Reserve .banks from 4 to
4% per cent.
“In the jobbing trade, business
for spring and summer has etill
the center of the stage, and with
Easter less than six weeks off, it is
not far from its peak.. Buying of
cottons for fall has increased at
primary markets, and some leading
lines of fancy worsteds have- been'
oversold and withdrawn; Retail
trade in a few sections received a
temporary fillip from the cold
weather.
“Industry has moved at a good
pace, better than has distributive
trade, in fact, and complaints of
labor scarcity holding - down the
iron and steel trades* to 75 to 65
per cent of capacity are widespread.
“Car supply is also more a sub
ject of complaint, presumably ,A re
sult of recent weather: 'Loadings
have again declined, but show
gains oyer other years at this date;
Collections have been only a-shade
better.
“In the iron and steel trade art
other wave of price advances is
noted, and it is said to be a sellers’
market in that line.
“In the building trades, operations
have gone on where weather con
ditions have permitted. Lumber
production in the Northwest, how
ever, was retarded or checked by
heavy snows. In textiles, ‘ good
buying of cotton and silk goods
has been widely reported.
“Oil drilling operations • in! the
Southwest and West have been
stimulated by the further rise in :
prices of crude oil. Butter and
eggs were sharply advanced by the i
storm of last week, but eased later, j
Copper buying, a good deal of this
for export, is credited with the rise i
of that product to 16% cents. Brass
and Other- products of this metal 1
have been advanced.
.“Unless there is a strike or lack'
of materials. .Chicago authorities !
say $300,1)00,000 willbe spent for
building in that city as against
$234,000,000 last, year.”
Local. Wholesale Market.
Errs—Stlrcttly fresh, selected, candled,
per do*., 40c; average receipts,
Southern, 38c; cold storage, 27e.
Live Poultry—Roosters, -per lb.. 17c;
turkeys, per lb.. 260 30c; spring
per lb.. 330 36c; keats, young, each 40c;
fowls, per lb., 26c.
Livestock—Calves, per lb.. 14c; lambs,
ehoice, per lb.. 13c; live.hogs o4c
Dressed Poultry Fresh-killed spring
chickens, per lb.. 36©38c; hens, per lb*
26c; roosters per ft>., 18©19c; turkeys,
70©80c'' s°® 3Bc: keata - young, each,
- .Fr uJt —Apples, per bbl., 81.750
‘ le . l * ciou . B - No - per b^l - m oo©
f a,, t° rn,a oranges, per crate, 86.00©
S. 00; lemons, per bos, 86.0006.00; grape
fruit. 83.0004.26; tangerines, *[email protected]
i ab, es—Potatoes; No. 1. per bbl..
[email protected]; per sack, 82.0002.10; sweet
potatoes. North Carolina, 76c© 81.60-
nearby, -82.5003.00; beans. 82.00©4 00*
ka,e ’ $2.5002.75; lettuce, Sputh-
ern, 81.00©2.0p; peas, [email protected] P per
basket; celery, per. crate, 82.5003.60'
cabbage. Northern. 82.50O3.00; efcg
plants, per crate, 82.5006.00; tomatoes
per box, Florida, 82.50 0 5.00; peppers’
per crate. Florida, 83.500 3.60; spinach i
per bbl., 83.60Q4.60; squash. 82.5?03.00*.
Timken Rol. B. 39% 38% 38% 39
Transcon. Oil.. 12 11%
U. Ry. Invest.. 14% 14*% 14% 14%
Union Pacific.. 143% 143% 143% 143%
Union Pac. pf.. 76 75% 76 75%
United A110y... 353% 35% 35% 36
United Drug. .. 84% 84 84 84%
United Fruit... 179 178% 179 179
U. Realty 1m... 97 97 97 96%
U. S. C. I. P.... 32 •32 32 31%
U.S.Hoff.Ma.Co 22 22 22
U.S. Retail 8..: 77% 76% 77% 76%
U.S. Rubber... 60% .60 60 60%
t. S. Rub. Ist pl 103% 103 105% 102%
U. S. Smelt 39% 39 39 40
U. S. Smelt, pf. 45% 45% 45% 45
U. S. Steel 108 107% 107% 107%
U. S. Steel pf... 121 120% 121 120 J
U. S. Ind. Alco. 69 68 68% 68% !
Utah Copper... 69% 69% 69% 69% j
Utah Sec. 22 21% 22 22
Va.-Car. Chem. 26% 25& 25% 26%;
Va.-Car. Ch. pf. 68% • 68% 68% 67 j
Va. Ir. C. &C. 66% 66 66 67% ;
Vanadium Inc. 42 41% 42 41% j
Vivadou. 18% 18% 18% 18%'
Wabash R.R.. 10% 10% 10% 10%
Wabash pf. A.. 30% 30% 30% 30%
Wabash 8..... 20% 20%
Wh. &L. Erie .. 10 10 10 10%
Western Md... 14 14 14 14
Westinghouse.. .64% 64% 64% .65
WesfPac.pt... 58% 58% 58% 59
West. Union... 117% 117 117 117%
Wells Fargo... 97% 97% 97% 97%
White Oil Corp. 4% 4% 4% 5
W. W. Sp. St... 12% 12% 12% 12%
Willys-Over.... 7% 7% 7% 7%
Willys-Over, pf. 52% 52% 52% 52%
Wilson Coin.... 41 41 41 40%
Wilson pf 86 86 86
Wiscon. Gen... 35% 34% 34% 35%
Woolworth.:'.. 214% 214 214 215
Worth. Pump.. 36% 36% 36% 37
Wright Aero... 9 " 9 9 9
blocks sold up to —
Ha. in. 12 noon. Ip. in. 2p. tn.
223,600
Bonds sold up -to-
ll a. in. 12 noon. ip. m. 2p. in.
3,437,000 T
*. .Todty’s Bond Market. :
‘ r by W. B. llfbb. a Co.
Argentine 1 ’a. 1»27 10244
, Belgium B’a,. IMI ......... 98
Canada, Dom. of, B’s, 1928.... lvo%
Canada, Dom. of, s’a, 1952.... 99U
1 Chile, Rep..of, 8%, 1941...... ios%
Denmark
Dept, of seine Ya, 1942 85
Dutch East Ind. B’s, 1947.... 94%
French Govt./7%’a, 1941 93%
French GbVt. ‘B’s, 194696
City of, Bs,
Netlierlahd 6% 1972 100%
Queensland 6’s, 1947 ....■ 101%
! Rio de Janeiro Ji’s, 1946 .... 94
. Switzerland B's, 1940;’’?:..:. 118
i IT* Jr a! 8* wi r ’ r* 4 ’*' W-’-'.115%
•Yi K ‘ Btr ’ s^’s » 1937.. • 104%
Ajax? Rubber B’s, 1935., f,
Amer. Agri. Ch. 7%’s, 19417. 103%
Ain. Smelt. A Ref. B’s, 1947,. 89 %
Amer. T. 4 T.,cy. 6», 1925.. 115%
Amer. T. &T. col. s’s, 1948.. 98%
-Anaconda Cop. 6’s, m 3. 98
{Anaconda Cop. 7’s, 1938....’.104
I Anton Jurgens 6’s, 1957...... 80%
Armour A Co. 4%’s, 1939 87%
Atchison gen. 4’s, 1995 88%
,1 A. C. L. Ist 4’s, 1952 '87%
Atl. Ref. s’s, 1937 99
,| B. &O. cv. 4%’s, 1933.. : SO
B. A O. 6’s, 1929 100%
2 S * W ’ D ’ 3 *' B - ’ 2 5- 94
Bell Tel. of Pa. s’s, 1948..... 98%
Beth. Steel P. Jtf. 5‘5,'1936... 89%
Beth. Steel s%’s, 1953. 93%
Bklyn Edison s’s, 1949 ys:**
• C. B. & Q. s‘s, 1971.....'.... 5)9%
Canadian Nor. 6%’s, 1946... 112
Canadian Nor. 7’s, 1940....'.: 114%
Cept. of Geo/ 6’b, 1929 100%
Cent. Pac. 4’s, 1949 85%
k’ & Y* cv ’ 4 %’ 8 , 1030..’ 87%
JC. & O. cv. s's, 1946.,..k 94
C. M. A St. P. 4’s, 1925 80 '
C. M. &p. cv. 4%’s, 1932.... 66%
Chi. N. W. 6%’s,
* P ' rt L..4’s, 1934. 79%
Chi. Rwys. s’s, 1927....,..... .80%
Chile Cop. 6’s, 1932.......... 102%
C. C. C. &'St. L. 6’s. 1929.... 101%
Crown C. A 3. g's, 1942...... 94
Del. & Hud.. s%’s, 1937...... 100%
D* A Rio-G. ref. s’s, 1955.... 56%
Dia. Match 7%"5, 1935. 108 7 *
DuPont 7%’5,-, 1981’.... i .>..; 108%
Duq. Light 6’s, .1949....... 104
Erie.gen. lien-4‘s, 1996 48
Erie 4*B, ”B,: K 1953... . ....... 49
Goodyear T. A R. B’B,-1931... 103%
Goodyear I*4 JI. B’s, 1941... 116%
Grand Trunk 6’s, 1936 104%
Great Nor. 7’s, 1936 109%
Great. Nor. 5%;’5,. 1952...:.... 100%
Hud. A Man. ijef. s’s, 1957...'. 81%
Ill.: Cent. s%'s, 1934 101
Int. Merc. Mar. 6’S, 1941.... 86%
Int. Paper s’s, “B,” 1947 86%
Interboro ref. -s’s, 1966....... 70%
Kan. City So. 3’s, 195 b.. 68
Kelly-Springfield B’s, 1931.... 109%
Lack. Steel s’s, 1950. 91%
Liggett A Myers 7’s, 1944.... 117
L. A N-.-'s%’s,'-2003.. 104
Mex. PetrdL .S’s, 1936. 107%
K. A T. Jst 4’B, 1890.;... 78%
Mo. Pac. gen. 4’B, 1975 : 61
New- Eng. T. A T. 5’4, 1952..* 95%
N. Y. C. deb. 6’s, 1935 103%
M. Y. C. s’s. 2013 96
N. Y; Tel. 6*9, 1941,.... ...... 106:
N. Y. Tel. 6’s, 107
N. Y. Edison 6%’s, 1941.. «.| 110%
;Nor. A West. qv. 6’s, 1929.. 115%
; -N. Amer. Edison 6’B, 1952.. 93%
(Nor. Pac. R. A I. 6’s, 2047.. 107%
| NO. West. Bell 7’s, 1941 107%
‘ Oregon S. L. 4’s, 1929...... 93%
Ore. Wash. R. R. A Ni 4’s.. 70%
‘phc. T. A T. s’B, 1952.\... .91%
Packard U-Qir B’s, 1981.... 107%
,R. 4%’s, 1965:... 91%
I Pa. R.! R W -1968.......... 100%
Pa. R.-R- 6%’s. 1936........ 109%
! Pa. R. R. 7’s, 1930............ 109
Pub. Set. of N. L s’«, 1939... 85
Reading .gen. 4’s, 1997.:...'.. 84%
St. L: A S. F. 4’s, A, 1950... 67%.
St. L. A S. F. inc. 6’s, 1960.. 66
St. L. A S. F. adj. 6’s, 1955.. 79%
S. A. L. 6’B, 1945... 65%
S. A. L. ref.
S. A. L. adj. s’s, 1949 28%
Sinclair 7’s, 1933 100%
S. Pacific Ist ref. 4’s, 1955.. 85%
S. Pacific cy. 4’s, 1929...... 91%
S. Railway- gen. 4’s, 1956. ... 68%
S'. Railway s’s, 1994 84%
S. Railway 6%’s. 1956 101%
Tidewater Oil 6%’s, 1931..... 103%
Union Pac. cv. 4’s, 1927 95
Union Tank Car 7’s, 1930..... 103%
United Drug B’s, 1941 110%
U. S. Rubber s’s, 1947....... 88
U. S. Rubber 7%’s, 1930... J.. 108%
U. S. Steel S. F. s’s, 1963.... 102%
. Un. Stores Real. G’s. 1942 100%
West. Union 6%’s, 1936...... 109%
Wilson & Co. Ist’ 6’s, 1941.... 100%
Wilson ,&-Go. 7%’s, 1931...... .103
Foreign Bonds.
FurniaheO by W. B. Hibbs & Co. . •
Berlin 4‘s: .30
■ Greater Berlin 4’5............. .30
Brtemen ‘ 4.%’5.30
Coblenz 4’B ~45
Cologne 4’s. .-. ..- .35
Dresden 4’s ■ .35
Dresden 4%’s ~ .35
Dusseldorf 4’s ,35
Frankfurt 4's. •............... .45
Frankfurt s‘s %45
Hamburg 3’5..,;40
Hamburg 3 %’s .40
Hamburg 4’s . ■ .40
Hamburg 4%’s 30
Leipzig 4%’s .45
Leipzig s’s .40
Munich 4’s 40
German Govt. s’s 4........
Krupp 4'b.................... .50
Badische Aniline 4%’5........ 1.25
. AHegm. Eleck. Ges 4%’5.. .... 1.00
French 4’5.... 42%
French s’s.. 51
W. B. HIBBS & CO.
MEMBERS
NEW‘YORK STOCK EXCHANGE
BOSTON STOCK EXCHANGE.
PHILADELPHIA STOCK EXCHANGE
WASHINGTON STOCK EXCHANGE
NEW YORK COTTON EXCHANGE
CHICAGO BOARD OF TRADE x
NEW YORK CURB MARKET
HIBBS BUILDING
725 15th Street Washington, d. c.
SUOS SHOWS
KIME
Increase in Rediscount Rate
and Profit Taking Creates
Feeling of Caution.
By Cosmopolitan News Service. *
NEW YORK, Feb- 24.—Profit tak
ing caused a reactionary tendency ©
in the short session on the curb ex
change today. Affing of caution
was created In consequence of the
increase in the rediscount- jjate, al
though the weekly statements of .
the Federal Reserve system showed
a strong position. Declines were
not extensive but covered active
stocks in most departments.
Losses from a fraction to two
points were recorded by Standard
Oil issues. Imperial Oil of Canada
was the largest sufferer, losing two
points at 120. Standard Oil of In
diana at 66%, Standard OU of Ken
tucky at 108 and Galena Signal at
74*%, were about a point lower.
Independent oil stocks ' reacted
slightly. ‘.Cities service lost . one
point at 191. \
Irregularity also marked trading
in the industrial section, but losses
were not important, except in a
few volatile issues. Yellow Taxi
declined three points to 132 and Gil
lette Safety Razor, after rising* two
points-, cancelled this gain. Durant
Motors Sold down 6ne point to 67%, i
Checker point to 60%, and $1
Stutz- Motors nearly a point to 19JK |
Household Products yielded frac- J
tiopaliy so 24%. ’• v \
Mining shares registered only
minor changes. Hilltop ft Nevada
ruled fractionally lower at r%.
Bonds were irregular and active.
Chicago Live Stock. - i
Hogs—Receipts, • 15,000; 10@15c
lower; bulk, [email protected]; top, $8;20;
heavyweight. $7.60® 7.90; medium
weight, [email protected]; light weight,
[email protected]; light lights, [email protected];
heavy packing sows, smooth, $6.75@
7.10; packing sows, rough, $6.40®
6.75; pigs. [email protected].. . \
Cattle—Receipts, 500; market
steady; beef steers, choice and prime,
[email protected]; medium and good,
[email protected]; good and choice;. $10.50
1 @11.50; common and, medium, $7.00
@9.00; butcher heifers, $6.00
@0.50; cows, s4 i so@7 1 50; bulls, $4.4)0
@7;00. canners and cutters, cows
and heiferS; [email protected]; canner
steers, [email protected]; veal calves, light
and handy weight, [email protected];
feeder steers,
steers, [email protected]; stockdr cows and I
heifers, [email protected]; stocker Calves, J
[email protected]. •
Sheep—Receipts, 2,000;: market
steady; fat lambs, [email protected]; 1
lambs, culls and common, sll.oo@
13.00; yearlings, [email protected];
wethers, [email protected]; ewes, $7.00@
8.50; ewes, culls and common, $2.50
feeder lambk,
*T7t* i|iM■ ’
BUSINESS BRIEFS
NEW YORK.—Texas Company
today met increases announced by
the Standard Oil Company of New
Jersey on Friday of, 1% cents ‘ a
gallon in North and South Carolir...
and I:cent in New York, Virginia.
West Virginia and the District of
Columbia.
PHILADELPHIA. Pennsylvania
railroad’s loaded freight cars tfi.s
year to date is running about 25
per cent greater than the same
period in 1922. January earnings
statements of the company will
show a substantial increase over
the preceding year.
LONDON. —Athens dispatches 830?
Anglo-French group is taking over »
Greek state railways and is seek- 1
ing contract to operate mines and
other properties in Macedonia and
Eastern Thrace.
NEW YORK.—New York State
railway corporation’s surplus for
year ended December . 31, 1922,
totalled $736,529 against $534,780 in
1921. 5
——
WE BUY, SELL AND QUOTE I
Unlisted Stock". Bond" and Securities
of Every Description'
CALL WRITE OR PHONE MAIN 332
RIEMER & CO^,:X" D J?.-
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