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The Brooklyn Daily Eagle from Brooklyn, New York • Page 21

The Brooklyn Daily Eagle from Brooklyn, New York • Page 21

Location:
Brooklyn, New York
Issue Date:
Page:
21
Extracted Article Text (OCR)

THE BROOKLYN DAILY EAULE. NEW YOUK. SAT UK DAY, MAItCIt 1, 11)24. 21 INEW YORK STOCK MARKET STOCKS RECOVER THE CURB MARKET SALES OF BONDS I BROOKLYN BANKS AND TRUST COMPANIES Weekly of Institution! Oiii-ldo or tho lmrlni? H'msc for tlie Urek UidiiiK I i. I CompJVd From Figure Obtained Directly From the 'rulituhom TKe Brooklyn EjU (Returns of New York Gearing Home Appear in Tomorrow's Eagle.) Higher, Strong Late Industrials.

Acme Coal 1 110 2. 1.10 Steady. UNITED STATES BONDS. galea oa omitted Law T.aet Liberty 98 3 1 08.31 MANY RAILS DP 1211 1 Av Hint frit Malea Ot omlttad High 2 MidvSteel col 5, '30 89 6MoK4T5sA'62 80 77 Mo Pac gen 4s 75.. 54 HlfB- Uia eat eat bU SO rioa- Nat Ins chanre Vt Last 98 mi so 54'i 4 "tlur A vrrn.

(Tt rn'l tlUf ruin a lea S)0 AdsmsEx Airheduc, I A Avpraghj Avpraf amount surplus kfrinum of ot pej'ip and iloatm and I ik.1 uniilvtrledd ouQ4t protttr invfnt- 98 89 b0'4 54 53, t0 I Liberty 2d 4s. 98.28 98.28 08.28 78'4 A verc amount of deposit a. ll'S 23 1 11-H 54 27 'j E70 10 42H 14. 30 60S n.rvf df- 1 afni po-tton-' tru.4t pn' tn iitit) jti and 8 21 Liberty 1st 4', is, 99.6 99.3 99.5 49 Lib'y 2d 4s. 99.3 99.2 99.2 i men i.

hhk tvutn iif I (Uli1.l4- 4- HS 90 0MoPacrfg8sD'49. 10 Vasal, 51 i 42 144 10. 2H 60S lii4 25 ij 8 Vi L'X) 1 JlOOAILiedCbem 68' i CS! 1830 AlsCMfgCo. 4o 44 1 cs'4- 45" 'A 99.00 99.00 99.00 4 Mob 4 1st 6a '27. 102 102) i 102! 60 Uberty 3d 414, 100.00 99.31 09 31 Banks Bay Ridge Natl 1 Bushwick Nat'I 200.000' Am I.

28:, A-u Mulll Co 100 Candy Cuba Co Huh H. bOO Dunhlll Durant 300 Gillette Uoodvear Grand I. COO llxael 100 Hud Mhtu. 1" Jordan 00 Kt-esKe 1 H. Mldvale 8t D.

00 Tel pfd Park Tilfd 200 Radio Radio pfd. 1X00 Met mo Hoiilh A I.M0O0 Hwift Int 10O II Distbtlijr Ward, r.00 Ward f'p 100 Ward Cp pf 600 IVarlna; Mfu li'O Yel Cb JOO 1 93.29 99.29 99.29 t88.00fl 870.000, $113,000, J.10 69l! 4351 Hi: 281 4aKj 1094 2 66 83 Coney 374 Liberty 4tb4'4 90.7 99.5 99.7 100.S 100.5 100.5 4'i 3 Nassau El 4s sla'51. 6 2X04NEfg4Vis'52. 83 3N Central 4, '34. 8H 5 Cent 5s 2013 1)6 488 (M llKi 60 900 284-11 50 83 89 95" 4'-i 17 7, First National Flatbush Slate 500 OOO'l ,098 7J0 13 709 4 Hi 9 lOo'dOOi 018.0 Wi 54.WI' 400 000' 175 200! 3 144 I00; 76 100 8t 16 104 109; lo l.

4'i 4H 11 12 20 72 1714 jo 2 Vl'i WZ Jlft- 2)0AmAChpf. SVi 34 41 4t' 'A 2K)AmBkShoe 81' 81 81 113' lUU-t-'M 1V2 J12i 330 12174 22, 22'i- HJa 11JJ- GlobrExchange 21 NY Cent db 6a 104 $904,003 4 722 830 215 0X'I4 47 10J i 1 622 9 3 llll 400 31.20 0)0 14 0003!) 100 I 3,778 811 6 1 530! 9.370 135 000 15 7 7.1 00') S3 000! 6 58.) OV'J 4 1-10 17', 12 21)', SHI 72 'i SO 'i 33 1, 600.000 2,1 00 OOf '36 175 0002:351 WO- 0381 KM) 88 103' 103 73 17 HO Do, regiatereU. 103 Hechanira Montauk. JUl'S NYC LS enUVis'98. 71 71 1 NYCen MC3Vss'98 73, 73, 4N YCh4StL6s 101 I 200 000: 14n I Us.

3 4lnJ U. IHi llht 3U2 VK I 327 100! 8 VXl KHit Mifi Nf 000 000 1,703 000 II) 468 000 li()4 IKK3 1 8 000 L'OO OOO1 652 5,979 000 100 010 547 3 00o'o00rt040 00005 462 000' 1 897 000 5 ti8'j UXI 101 87 76 Municipal. Nassau Nat'I. Peoples Public Nat'I. Standard Oils 400AmHidepf.

f'8 oiJ 71 73 101 73 1104 68 79 400 91 8 0T0 Aml.oco. i a I 3N Dock 4, 73 7 NYNHAH db6s'48 08 1 NYNII4HEu7s'28 79 73 110 68 79 Pheepsh'd Bay. 330ARadiator.l00 100 100 300 ASafRaior. 6J, 7V Borne Si Srjr 50 -'09 201 209 Humble I'll. .1000 42 '4 42'4 Indiana I- 10 P4 (IV.

4'4 Inteiiiat Pet. low) 1:0. 20a, Pat. 20 14 14 1 4 Prairie A 170 23 2a.i S351, South Prnn 70 19 169 i) Irtdana.r.coo 'i 1 00 4i 46 46 i Kentucky 1 110 110 110 8 Nehraaka 10 233 2S2 Htvan Hurt 10 OS 68 Vacuum Cil. .2500 West End aiO.OOOj 151 345! 3 416 909: 29(1 830 Truit Companies I I I Brooklyn TiOO.0003.

595 18 944 OW 630 K) Kings Co 1 500,000 3.819 279i28 492 510 1 MM 429; I 5 3Wj O.Hi, 00; lil COVJt- 23 1 00034 3,754 762 ,42 973 401) 520 6tia 7 5)0 102:145 Ki'l SI 401 52 143 3K'I' FOREIGN BONDS. 13 Argentine 7 "27... 101! i 101 5 Austrian 7rett '34. fc8 88 10 Belgium 7V1. 101 101 1 Belgium 101 101 1 Bolivia 8a 87 87 1 Bordeaux 6s '34.

76' 76 12 78 7H 6 flraiil 8, '4! 93 93 100 100 1 Canada 5s '31 99 99 100 99 6 Canada 101 101 1 Chile 8s '46 104 101 46 Cuba 5 Vi. '53 92 92 5 CopenhagenoVial 87 87 3 Ctcchoslovakia Ss 'i 95 9.V. 5 Danish Mu 8s '40 100 106 1 Denmark 8s 95 95 3 Dep of Seine 7s '42. 81 81 2Dom Rep 5 Vis 87 87 lDulchEInd6s'62 93 93 98 French 7'. 94 C4 36 French 8i '45 98 18 5 Haiti 6i A '62 88' 88 6 NYNHAH 7s'25frc.

75 75 1 NY 04W 1st 4s '92 64 64 1 60 60 2 Tel gen 94 84 1 Tel 6a '41 104' 04'. i 64 60 94 104 46 Manufacturers. ,5,000.0005 100 001 90 209 000 2 000 18 IMi'i (KN 137 137 3H! 37J, 37Jg- 3 575, 57 57 21 21 21 1930 ATelATel. J2J 28T, 129 Market Dull-Some Weak Spots. Local Tractions Up-Foreign Exchanges Off.

Prices were somewhat better in the stock market today, due chiefly to the improved sentiment as the result of adoption of the Longworth compromise tax "induction measure in the House of Representatives. Searching after weak spots continued Hoon after the opening, however, and this forced lower prices tn sub-sequent trading, but this influence did not exert much Influence on the general list. Among the carlv weak spots was Westinghouse Kleclric, which declined about a point further on the now issuo of stock reported yesterday. Mexican Seaboard issue, were about 1 i points lower, duo to ports of appeuranco of salt waler In the Caealilao field. V.

S. Cast Iron Pipe on, the other hand showed strength, rising over 2 points on new estimates of earnings and reported purchasing for the account of inside interests. In late trading prices against became firm and some good gains were recorded in numerous stocks. Southern Hatlway again made a new high at 61. Norfolk Western also moved up and various other rails showed gains running from fractions to 1 point.

The north-westorn rail group improved a little. Local tractions were in good demand at higher prives. Trading was rather dull and of a perfunctory character for tho mo.st part. So far there has been little advantage to either side In Iho tug o'-war going on between buils and bears, tho decline late yesterday having cancelled most of tho recovery. But the rallies now seem to go a little further, and the reactions to fall Fhort a trifle of the lows, which is interpreted by many that the line of least resistance now tends upward.

Foreeign exchanges opened easier and did not do much in later trading. Guilders were an exception to the trend, rising about 6 points. Cotton was again under pressure, near Midwood 700,0001 3 835 128! 119 322 Peoples 1,600.0003,270 000:40 558 000.1.672 00n 3. 00(l! Independent Oils. 2NYW4B4'is'4l 46 46 93, 100 99 100 104 92 87 95 100 95 81 87'S 93 94 98 S8'd 1 10i 104 Norf 4W con 4s '96 87 87 87 144J84- 200AWWorks.

41) 41) 41V 71n4 73J, 1JJ 300 AWool pf 1008 100 200A4FP2S7o 5 5 05 4300 Anaconda. 33f 33 25! i 25'i 20U- 700 10 9J 10 50Norf A Wcv6t 116 92 1 NoAmKdia6Via'48 97; 1 Nor Pac 5s 2047. 91 91 5 Nor Pac 6s 2047. 102 102 1 NorStaPow 6s B'41 102 102 5 Bell Tel 7s'41 107 107 0 6 0reg4Calif5s'27. 99 99 4 Or 4t'6t 80 80 3 Oriente 7s '42 97, 97 20 Otis Steel 7 Vit 93 95 94 P4 94 BETTER TONE IN WOOL liosttin, March 1-The Commercial Hulletiti said today: "The market 1ms been quiet on Hid surface diirinp; Hie pas! week but there has been some business for mill account, Involving one cr two sizable lots at fully recent prices.

)n the West ronlractinir has sprc-nl out Into several new Slates, mainly at 40 to 42c. for both medium and fine clips. "Openings of women's wear this week by the American Woolen Company Indicate the intention of Iho company to secure volume production if possible. Prices are about on last year's levels and worsted Koods are a bit lower. 1 Italy 6'j '25 100 700Assoc'dOil.

32 3134 315M- Hl0. Low. Cloa- Nat Sale, cat tn, chansa 200MktSiRy 2. 18 18 7700Mk(StRpp 53 51 51 -3', 630MarlandOil 37 37 37 34 34 34 200Mathicaon. 33 35 35 90X)MaxMotA.

51 50 51 I'lOOMaxMoeB. 15 14 151 92 92 92 112.10 MexSetbO. t0 19 19-1 49K)MexSact. 18 17 18-1 2-30 MiamiCop. 1L" 2 2 2 11 y3 3l'i 31 31- 12 12 12- ai'8 16 36! 230 Mont Ward 26JJ 26 20....

230 MoonMtr. 25 25i 25 2)OMotberlode 8 8 111 -111 2T0NabMtrpfl00 100 100 200NCIk4Suit.5S 58'i 08 31 31 31 200 Nat'lSupply t8'i 68 C'8- i 13 13 13 18 98, 300NVAijBrk. 40 40 40 200 NVCanners 26 20 26 3900 102 101 101 2800 NYCRd rt 2 2 2- 900NYC4SIL. 77 76 77 2330NYNH4H. 20, 19 20 J16 116 116 1 1100 NoAm 23 23 23 5800NorthPc.

49 48 49 2 2 2 1 200 Onyxllos. 25 25 25 700 18 18 18 11 11 11 2800 74 73 73- 400 PacificGas. 93 82'i 92- 53 C2 2 2X)PackardM. 11 11 11- 48 47 48 VA 45 45 45 300 Parrisb 14 14 14 44 43 43- 1090 PennSteel. 3 2 2- 'A 42 42 42 4i'A U'A 200 PhilMorris.

18 18- 1400Ph4Rdgwi 36 6 C0- 2000 PhillipsPct. 38 37 38'i-t- 430 PierceAr. 9 9 9 200 PierccA pf 25 251 25 3A 3 3- 'A 200 PicrceO pf 26! 20! 26-l 61 61 61 -1 41 41 12 12 12 14 200PtsUpfct 12 12 12 1000 PostumCer. 52 51 51 -1 230PublicServ. 44 44 44 230 120 120 120....

64 63 63 21 21, 24- i 230 PureOil 8 98 9.8 CS 1500 RayCop'r. 10 10' 10 1100 56' 55 C6 2000 Do rts. 16 16 2,30 Reading 1st 35, 35, 35 2J0 Reading 2d 34 31 34 200 Remington 43 43 43- 14 56 65 6 500RynldsTB. 0014 C9 09 230 RDutchNY 54 54 54 300 SUoseLead 20 20 26 2l00StL4SanF. 24 23, 39 v38 38 1030 100 99 100 200 Atchison pf 87 87-li: 874..

1J 1: 500 AtlCoastL. 115Jg 115Jg Ark Nat Una 4U Cltiee 120 148 147 14 I'ltirs HiTV pf 300 72l4 72 72'4 Cities Bcrv Sc2000 do 10 to Creole S00 i liulf Oil 100 60' 60' tO'j l.ajo Hat 1 ((( 3 Hi, Jin Finale. ..100 4 4 4 Mex 00 95 8 95 Mountain 800 ll'i l'i Mutual .8400 12, 12 1 2 'J Ail Noble Oil 1000 II 11 II Oklahrrs 2 5 244 Itnynl (Undn. 1O0 J. 84 SI, l-ait 200 22 224 22'i Sapulpa lief, too 1 14 1 flaahrri (12:1011 11-11 1 llj Western Sla'IOOO Jl 1 Wilcox 1300 T.t 7H Mining.

Alamo 71 1 Tt Am Kxplor. 000 75 7a 75 lllnr-k Oak.20oo 4 1 43 44 lanarlo 1100 2 5-10 S'4 2 6-16 ('una L'op S1.20O0 3 3 l'orte 4401) 1 Dla Bulla 1 0 Kly Com ..6000 2 1 2 Hani Hliael .1000 2 2 Wawth'MP M2500 62 61 62 lnilep Lead .2000 14 14 14 Cnna 29 29 29 Kallv Kit 700 (4 4 Mohican 40 40 40 Natl Tin 11 10 New Pomin. 700 2n, 2'i 24 l'ann 1 1 Plv'tli 1. M.2OO0 7 34 37 Had 36 36 3S Raoif rjlvAn6000 0 a fi Sllv llorn.10(KI0 2 2 2 'elt HiiKlma 200 1 'i 1 'i 1 1'nit Eastern. 21JA0 92 t.9 J9 i nlty loo 1 1' 1T4 Venden 1, 1 1 116 91 1.7 01 102 102 107 99 80 97 13 92 97 91 71 t'61 00' 92); 102 93 78 98 125! 125H 1200 AtlanTack.

v'i 8 2 Japan 1st 4 's '25. 97 97 97 2 Japan 2d 4 Vis 97 97 07 73 Japan 6 Vis '54 92 02 02! 1 Lyon, 6s '34 70 70 76 1 Netherlands 6s '72 93 1 2 (2 1 Norway 6s 93 93 93 5 Norway 6s 62 I2J. 22 Prague 7 Vi, 84 f4 3 13 C3 4 SanPaulo8s30(Stat 99 99 99 14 Serbs Cr 4 SI 8s '82 74 74 74 28)0 122J5 123i 57 5fJ8 JAMAICA WATER ISSUE SUBSCRIPTIONS HEAVY The new issue of the Jamaica Water Supply Company's 7 percent cumulative preferred stock, par S0O a share. Is being bought up rapidly by the employees of tho company, consumers und the gcii-'iral public. The dale for closlns the subscription books at the company's offices, 161-20 Shelton avc, Jamaica, has been set at midnight, March 6.

Kroni present indications, however, the issue will lie oversold some days bctore that time. The stock of general utility companies, operating; In New York and Its environs is proving very popular with the public. The remarkable growth of the greater city anil tho suburban towns have brought, an era of great prosperity to these companies. The speed with which the recent issue of the Kings ''ounty Lighting Company was oversold II-luslrates how quickly this type ot stock Is being bought up. The Jamaica Water rSupply Company operates without compel II Ion in territory comprising a part of the boro of Queens and portions of the municipalities of Hempstead and North Hempstead, L.

I. The growth of this territory and the resultant increase In business for the company necessitates the laying of" many mile of mains and the installation of pumping stations to open up new territory. The present isiue of stocli will finance this work. Last year the company Increased Us number cf consumers by over 25 percent. 200 BarnsdalA.

10 WA, 300BarnsdalB, 14', 14 14 position dropping between 50 and 57H 665iJ 57 Vt 3Pt.i)GaE15i'42 02 92 97 1 PacTel4Tfdg5s'52. 01 91 13ParisL4Med6s'58. 71 71 96 10 2 Penn 4Via'65 90'i 80 1 Pere Marq 5, A '56 02,. 92 102 7 Phil 4 RC41 5s '73 93 93 1 Pierce Motor 8s '43 78 78 3 PortrdG4E5s'35 96 96 230 BethStl 7 94'4 94'i 200BcthS8.107 107 '107 75 points in midmorning. COPPER ADVANCES 2 Sweden 6s 103 103 103 8UnKingdom5Vis'37100 100 100 1 Zurich 8s '45 111 111 1U RAILROAD AND INDUSTRIAL BONDS.

A 1 Alb4Susq3'it'43 80 80 80 5J0BkEdison. 1I0J5 V- 2100 B-ManTran 10 14J, Wi TO NEW 1924 HIGH 2AmAgCh7Vis'41 OS's" 18 98i 200 B-ManTr pi 55 54 55 1 200BknUt.Gas 60 00 60 800BurnsBB. 24i 21 24 I'1 800 CalPetrol. 25'i 25 25 230 100 100 200 Call'hnZino 5 5 5 200 CaliHeela. 15'4 15i Centa per ahara.

Bonds. An unusually sharp advance has 6 Portland Ry os '30. 86 86 86 lPortRLAP58'42 825-i 82 82 1 Portland Ry 6s '47. 93 93 93 1 Prod 4 war 8s '31115 113 115 28PubSerN J5s'59. 88 88 88 117 117 occurred In the copper market and I Am Sm 4 Rfg 5s 'V, 92) i 92' 92) 1 Am Sugar 6s 102 102 102 10AmT4Tcol423 93'i 93 93 8 97 97 17 20AmT4T5'3s'43 90 99 99 "The foreign markets are stromr and Bradford has marked up tops again this week to the extent of 2 pence per pound on medium qualities.

Wastes and oils are very st is In light supply abroad and very firm everywhere. "The and waler shipments of wool from Boston from Jan. 1. 1924, lo l'Vb. 28, lfi'J4, inclusive, were pounds, against 27.712.UUO pounds for tho sanje period last year.

The receipts from Jan. 1, 1924, lo l''eb. 28, 1 924, Inclusive, were pounds, agulnst 97. 298, SOD pounds for the same period last year." SUG A RMA RKET QU I ET Most holders of raw antra are ask-' ing a pound, c. and for their sugar, but it is believed Cutias could be bought at 7-' 6c.

a pound, thu price at which Ihe last sale wit made. Refiners are reported to bo Interested at Sao. The. mniket w.i.-i quiet, with no. sales reported.

Demand for refined is of small volume, with some trade Interests predicting a cut in list prices soon. Demand for export is mostly from operators. Refiners' list prices ai unchanged at, 8.60 to 8.90c. Raw sugar futures opened 2 of' hp a up. March, 5.49; May.

5.52.1 5j54; July. 5.58a5.60; hepiembv, December, 5.10. sales have been made to domestic consumers at 13 to 13 cents a pound, delivered. This compares 121 121 with sales at 13V4 cents on Friday. 10C0 CanPacifio.l44:!i U3 I43J8- 1300CentLeath.

J4J, '14 26 Anaconda 6s '53 96 (6 although some dealers 'had been 38 '4 37J, 37Jg- holding for 13 cents. Demand Is largest in months and sellers are 1 Read'nggen4s'l)7. 90 (0 5 RcpIronASt 6s '40. 15 15 15 lRogBrownIr7s'42. 87' 67 A 87 4BH 468 46JJH- 'i TWO BIG EXPORT AND cutting down inquiries of users when 2300ChandlerM.

60f8 601 lliey accept the business. 7 Anaconda C7'38. 3 Ann Arbor 4s '95. 1 Armour 4 Vis '39. 4 ArmourDel5v4s'43.

1 AtlCoastL 7s 3 97 58 84 90 87 106 37 97 58 84 90 87 106 37 (7 58 84 Vi 90 87 106 37 Predictions are heard in the trade 73 72JB18 1030 Chi Alton. i 458 i yt IMPORT FIRMS MERGE A consolidation of two of the oldest and best known houses in the that red metal will sell at 14 cents a pound early in tho new week. 300 ChiA-Alt pf 11 J8 124 8 Present price is a new hleh record (000 omllted.) Alumln 7a '23. II 1024 10214 Ami t'ot 100 10 100 Am 2 94 4 4 "4 94i Am Us. 9914 9 Annlo-A 102 102 302 All (1 1 52 62 62 lleavar B.l Si.

7 7 77 77 Itetli St 7a '35. Jl 1024 H24 1024 Can Kq 7.I2 107 107 "4 107 16 Clilas Ser 7s C.S2 93 93 93 Cons Ilaa 7a. II 1074 174 10744 Hlinl 7a. SI 93 93(4 93'4 Klahar Tt en 14 100:4 1 00 74 100'4 Flaliar 6a 100'j 10014 10014 c.rii pt I0- 9 V4 04 9, Jlood Hub 7s, 10P4 101'4 101'4 1, Ilarh 63. ..1 94 4 90S I III JleNL 7a.

1 1004 1004 lOOli Mt Leathrr 10014 10014 1004 JJOrlliaPh riv3.l 8t 8t 84 Pitta V'gA f.s.425 94 984 84 1'hHvCp X.I7a.'.5 100 1065, 106,4 Pure Oil )2 95 tt 95 Mierfd 9t4 99'5 rinlvay etcle 8s. $.1 10414 14H 10414 (I 7s.25.l23 lull, 101 ttl 7s.27..2 105 105 106 7a.29..3 111414 1 06 Vi 101 falft Co 92'4 92'4 2H Vaiuuni Oil IOH'4 106'4 106'4 Virg'nlanrty 9314 9314 9314 l'orclgti llontU. Areenta lla.S7.tl3 92'4 95 9214 Bwlaj 83 no 100 100 bwUm 6s 315 ts 9774 98 export and Import business will take 41 4 4. for upward move and for current 70 81 C8 C3 75 place upon ratification, by the re. 2S1LIM4S 4s RG'33.

76, 81 7 StLASF pr 4s A'oO. 68 7 8tL4SFinc6a'69. C4 2 StLASF tdj 6 '38. 75'i lStL4SWlt4s'89. 76 14'4 14'4 14 2230CM4StPpf 12'i i2 '4 spective stockholders of the Amer year.

Many consumers who had been fighting advance early last month and again on Thursday of past week 230CSIPM4O. 31' 31)2' 31U- are now rushing dealers with their ican Trading Company and William E. Peclc of a plan, of merger proposed by the board of directors 84 84 84 requirements, Indicating that a big 51 ftO f.0-t- and management of each of these companies. The new company, a Buying movement Had been dammed up owing to attitude of users to wait for lower prices and get concessions 3J8 23 New York corporation, will be called i7 27 trom some selling interests. KxporfTquotations have been ad 200ChinoCop.

17'4 17'i TO OPEN BIDS FOR SOUTHERN PACIFIC BOATS Bids will be opened by the Southern Pacific Company on March 20 70 81 68. C4 75! i 70 81 60 75 00 62 62 75 02 82 C5 88), 99 70 the American Trading Company and will take over the business of both companies as soon as approved by the stockholders, lt will have a 27Ji 27 27- vanced Vic. or more and sales have been made at 13c. a pound t. a.

s. New York Harbor, with some sellers asking 13.70 to 13.75c. Transactions 700ColCarbon. 5VA 50 50-lH 34 34 34 Ann CJT cmr working capital of about JS, 000, 000. The authorized capital slock will be 1 con 4s '33 81 81 7StL 80 80 2StP4KCSbUVis'41 75 75 2 St PUn Dep os '72 06' 96 52 52 10 Scab A L.dj 5s '49.

52 52 3SeabALcnfls'45. 76 75 2 Sinclair Oil 7 92' 92 2 Sinclair PL 5s '42. 82 82 8 Sou Bell Tel 5s '41. 15 94 1 Sou Col Pow 6s '47. 88 88 10 SW Bell Tel fis '54.

13 f.3 10 Sou Pacific 4i 93 03 1 Sou Pacific 5t 99 99 8SouthRygn4s'56. 70! i 70 also were made abroad at 13 c. 60 fo yt mi 1C2 8D0 Congoleuni 03! i 63i c. i. f.

London and Hamburg and 1300 ConGas. 3 t'3 63- several leading interests advanced for the two large passenger-cargo steamships for which the company has put out inquiries. Each vessel will involve tons of various steel products, or a total og 7,200 tons for the two boats. 9 9 21 6 0 6 51 51 51 1 AiBaragua7Vss'37102 102 102! 6 Bait 4 0 rfg 5s '95. 85 85 85 1 Bait 4 06, 101 101 101 1 B40 PLE4W 4s'41 79 79 79, 1 Bait 4 Tol 4s '54.

67 67 67 1 Barnsdall 8s '32 99 99 1 Beth Steel 1st 5s '2CJ00J, 100'8 100 4lktbSteel5Vis'53. 90 10' 90 7 Braden Cop 6s '31 .101 101 101 1 Bklyn Edis 7s '40108 108 108 27 Bkn Man Tr Os '68. 73 73 73 15 Cal Petrol OVis '33. 97 97 97 1 Can North 6 Vi '46 .111 111 111 3 Can Pac deb 4s perp 79 '4 79 79 1 Cent Ga 8s 100 3C0 100 .10 Cent Leather 5s '25 05 95 95 3 Cent Pac 1st 85 85 85 1 Cent Steel 8s '41 107 107 107 16Ches4 92 92 92 69 Chi 4 Alton 3Vis'50 40' ,19 40 8CbiM4StP4s'25 74 74 74 7CM4SPcv4Vis'32 55 54 55 19ChM4SPcv5s'2014 55 55 55 2 Chi 4 St 8, '34. 97 97 97 1 Chi4NW 71 71 71 rL: lVTttr tt-i-r uiii on a cn 21 90 18 93 12 6'J0 7 7T lOOOCornPro wi 35 35 35- divided into shares as follows: Zo.ooo shares prior preference $100 par percent cumulative stock; 60,000 shares preferred no par non-cumulative stock, and 76,000 shares no par common stock.

The consolidated business of both companies for the year 1923 amounted to approximately which Is about twice the an nual volume of the companies' business for the years preceding the war. The American Trading; Com asking prices to 13.90 to 13.95c. c. 1. Sales for export have been large.

This is unusual for a Saturday as rarely does foreign business come to this country at end of week, especially as the London copper market is closed on Saturday. However, rush of buying from abroad gained momentum and is now largest In a long time. ou njjfcovv pi. 500 SchulteSt. .103 400 SeaAirL.

10 500SeaAirLpf. 21 80 18 200 ShellUO pf 93' 300SimmsPet. 12' 230 22' 22' 24 OJOSlossSheff. Kly, 91 600 SouthPac. 87' 35 S5 ,5 f3'i 3 90 mi 93' 12' 22 21- 24 03- 1330 CubAmSug 36'4 35 C6'4- MORE LOCOMOTIVE ORDERS.

The American Locomotive Company received orders from the Canadian National Railways for 30 Mikado type engines weighing pounds each. The Grand Trunk ordered ten 8-wheel switching engines weighing 21 1,000 pounds each. 16 1GZ 16! 4230 CubCSu pf. C8 69 14 12 South Ry cn 5t '94. 7 1,7 9 South Ry 6s 98 97 103 103 1 SttndGasAEl 6s '26 102 102i3' 102) 4 StandGAE! 6 K.s'38 .98 17 18 8 Steel A Tube 7s 104 104 pany, the larger of the.

two com 21 24 63 91 87 50 700CubDoSug. 7 7 7.... 91 panies, has a History uaring oaea 10 1857 and its development has been throusrh erowth and through con- 430CuyamelF. 70 69 69'- 400DavisonC. 54 2 3 'solidatlon with other long established 15230 51 87! 50 38- ANACCNDA EARNED $8,500,000 IN 1923 The following is an extract from a letter sent to Anaconda.

Copper (stockholders, signed by John D. Kyan and I'. K. Kelley, chairman and president, respectively, ot the. company: "During the year 1923 the earned, as nearly as can be t-slimated pending the final audit of all closing cntrioH and the clotting of inventories of metals in process and finished and manufactured products, approximately in excess of all fixed charges and costs, including depreciation.

"Since (lie announcement that the declaration of the dividend had been omitted there has been some com ment that failure to act was caused by I he fixed charges incurred in the financing: of 1he purchases of the stock of the American Brass pany, and a niaiovity of the shares of (lie Chile Copper Cfompany. "These statements are incorrect. The earnings reuniting from these purchases have nut only carried the fixed charges incurred in their acquisition, but have paid a substantial amount in excess thereof to your company proper. Without such earnings it is doubtful if your company would have been Justified in distributing $9,000,000 in dividends during the past year." 17'i 17'4- 400DupPowd. 130 130 500 Eaton Axle.

23 23 i 300 Southern pf 72 62 500 StanOilNJ. 39 KAI.WIN BUSINESS JIEN. (Special to The Eagle.) Albany, March 1 The Kalwln Busine, Me'n'a Association. Manhattan, juat chartered by the State Department, has among Its directors Oscair Metsliu and Max Kahk, Brooklyn. 3TennElPow 6s '47.

5 Tex Pac 1st 5s 2000 12 94', 96 94, S6 04), 62 38 export and Import concerns. It is a pioneer in the export of American manufactured goods and throughout its existence has been one ot the foremost In the development of this particular branch of business. William E. Feck Co. was founded in 1881.

SOOElStorBat. 02 61. 62 115 115- 23t SOilNJ 800 90 1300 24 25 3 Chi4NW rfgos 2037 92 92 92 89 8) 30 31 2J0Erie 31 GT C6! 67' 1 Un El 4 P5s '33. 95 95 3 Un Oil Cal 5s 95 95, 2UnPac.fdg4s2008 83 83 101' 8-4 95 95 83 2000FifthABus. ll'i 1 Chicago Ry 6s '27.

77' 77 77 lChiRI4Pfg48'34. 76 76 70 4 Chile Copper 6s 100 100' oCincinGasoVis'61. 98 98 98 1 CCC 4 St 4Vis '31 92 92 92 200 FisherBody2C6 20535 205 8'- 1 I'd Pac rf 5s ct 2008100 100, 1 Union Pac 6s 103 103 103 8 S'4 8- 14 CAPITAL INCREASES FII.EO. (Special to The Eagle.) Albany, March 1 Notices of Increase of capital have been filed with the State Dc. partment by Brooklyn and Long Island cor-porationa aa follows: B.

Green Lumber Company, Brooklyn, from $8,000 to Electro-CliemicHl Kngraving Company, Long Island City, from to $506,000. 1 302? 114 114 ABOUT $2 1 SHARE The forthcoming 1923 annual report of the U. S. Rubber Company is expected to show net profits after alt charges and taxes of approximately $7,000,000, or not quite $2 a share on $81,000,000 common outstanding, after preferred dividends. This compares with 1923 profits of $7,692,039, or $2.68 a share on the common.

were While rubber's earnings year were somewhat less than those reported for 1922, a comparison of the full year 1923, with the showing of the first six months of that indicates that company fared better than most other rubber concenio In that it was able to practically earn Its preferred dividend in the last half. For six months ended June 30, 1923, U. S. Rubber reported net profits, $4,572,861, or $2.18 a share on the common. 2006191101..

47! 3 47 47., 530 Found'nC. 72 72JJ 72- n-i 3800 Studebaker 101 101 DOOSubmarBt. 9 8 800 SuperiorOil 4 4 8 8 43 43 200TexGulSul. 6t 63 '4 1500Tex4Pac. 24 24 7800Tex4PC4O 11 11 200TheFairpf.l03 103 11 9 300 Tidewater.

141 Ml 39 38 63 03, OOOTobProdA. 851 80 500 FrecportT. 0 9 9- 98 98 83 88 95 95 25 Rubber '47 84 84 2 CSRubber 7s 103 Ia 1 lii mi- oil. 38 Col Gas A 5s '27. 98 98 49ColGas4E5sst'27 98 98 ICol ASrfg4Vis'35.

S3 83 9 Con Coal Md os '06. 88 88 84 103 6 6 6 43 63 24 103 11-MK 141 '4 39 1.4 63 MORE L. I. INDUSTRIES. Special to The Eagle.) Albany.

March 1 Charters have been taaued by tho State Department to Hie following- Lonff Island corporations; Catalpa Construction Company, Rldg-ewood. Capital, $15,000. Plrectora are Selma Bade, 1 Slocum and Olio Herrmann, 82 Cypreaa Hills Glen-dale, and E. E. Ilillebrand, 10 Orchard Jamaica.

Roenar Product, Company, Queens, formed to manufacture aorip, etc Capital, in.OOO'. Director, are A. V. Schouler, 33M 2d Bronx, and lirnat Roeber, 48 Thomas and L. A.

DUa. 62 Thomas Auburndale, Lu--f- 3lmon B. Company, 300 GenAphalt 39 39 39- 207 208 BANKS. 6 Cub-Am SugSs 107 107 2 Cuba Sdb8s'30 18 C8 98, 81 1-4 73 .44 94 umu iwi dc, ir oa 01:4 0154 30 Va-Car Chem 7s '47 73 72' 52 Va-Car war 7Vis'37 44 43 1 Virginia Ry 6, 94 94 3100 GenMotor. 14 14 14 200GMotorpf.

83 83 83- 300GenRefrac. 51 51 51)- )i 30 36 36- 1300 TobPr pf. 117 115 115 THE Corn Exchange Bank NEW YORK apitat and Surplus BROOKLVV BRANCHES' Rreoklyn -Hrtuiolv. Sta. FlatMi.h Av.

Hritnvh. .19 A 21 Flatbush A v. 4 4- 1300 Goodrich. 22 21 22 -1 200 Goodrich pf 77 76 76- 400 Goody'r pf 42 42 42 Queena, formed to manulaclura knit goods. 128 128 3Del4Hudcv5s'35.

93 S3 4 Den Gas A El 5s '31 i 85 2 Det Edis 6s '40. 304 104 6DonnerSleel79'42. 91 91 107 11 Duquesne Lt 6s '49 .104 103 61 11 Warner Sug 7s '39 96J2' 4 West Maryl'd 4s '52 62 61 7 West Pacific 1st '46. 82' 82 34 34 34 COTTON MARKET Pronounced weakness In Liverpool and favorable weather over the belt resulted in heavy selling In cotton at opening and tone was easy with first prices 13 to 40 points lower. Buying of near months by spot houses and for Liverpool account absorbed the early selling, but stop loss orders were uncovered In volume, and the market declined further, with some of active months at ney low levels for downward movement.

11:30 Prices May, 28. 62; July, 27.83; October, 2S.53. 230GranbyM'g 15 15 15 82 INSURANCE HEAD RESIGNS; BECOMES CHAIRMAN Hartford, March 1 The 1800 GtNor pf 55 54 55 93 85 104 91 107 103 01' 104 04 1 101 101 10490 CSKpe. 74 79 -1 74 5 18 iireinpoint Branch Greenpt. Manhitt.

Av. Myrtle Av. lirnnf-h Myrtle Av. JVwoy Brooklyn Him uc-li 79 Hamilton Av. 79 70 18 75 9 210 USIIoffman 18 70 resignation of John M.

Holcombe as president of the Phoenix Mutual 70 14 55 5555" 2 92 02 4 West Union 6Vis'36103 103 103' 3 Westingh El 7s '31. 107, 107' 307 1 Wick Sp Stl 7s '35 66 66 66 200 GuantaSug 14! 200 GM4N pf 55J 200 Gulf 83 200 HayesWh'l. 43 Branch Rd. A ('aril St. Biamih lift Main St.

Astoria 73 I'ultun St, 101 I0l-1 Life Insurance Company was an; 01 95 104 64' 83 1 nounced today. Mr. Holcombe was 82! i 44 etc. Capital. 10.

000. Dlrectora are s. B. Marcua. 1009 Buckman Rldgewood, and Morris Marcua, 14,9 Sterling and L.

O. Nichols, i10 Brooklyn. Fouracheer Realty Coirtpany. Queens. Capital.

1100.000. Dlrectora are Edward M. Four, 117-17 Jamaica a.ve.. Richmond Hill, and P. Reataine, 751 Freeh Pond and F.

Menninger, 4 Fosall Rldgewood. Richmond Hill llomea Corporation. Richmond Hill. Capital. 10.000.

Directors are Thomaa A. Wagner and R. J. Wagner, 9419 118th and S. Nelson, 1012S 117th Richmond Hill.

Noma Realty Corporation. Queena. Capital, lti.000. Dlrectora are William C. MeKenna, 394 Grand Joaeph Fran-rone.

Slii 8th and L. Azaarone. 372 2EmpGas4F7Vi5'36 01 1 Equit GasNY 5s '32 03 lErie 1st con '30. ...104 '4 1 64 44- in an executive position with the 200 104 104 6700 USRubber. 33 33- 900 USRub 1st.

83 82 83 -1 3700 104 103 103 200 Hnmaatake 501 503-; Sleinwuy Av. Branch. 52 Stein way Astoria Queen i'fl. Branch Av. A 4th H.

Plaza- Branch Bridge 1' la via A Academy St. Forest Hills Branch Furest Hills. 1Y I. Height Branch. company for half a century.

He was elected nresident in 1904. He is succeeded liy Archibald A. Welch, vice 12 YoungslSh4T 6s'43 10 96 96 200 70 70 70 OOOHuds'nMot 27 26 26 nresident. Mr. Holcombe knowl S.iih St.

A Roosevelt Born of Queens PENNSYLVANIA STATION BRANCH 230USSteelpf.ll9 119, 119. 103 117U 107 11 Great Nor 7s A '36. 107 103 117'i 107 15 16 SOME PRICES EASIER edge and experience will continue to be available to the company through 66 2 )0 UtahCop Seventh Av. A Thirty-third New York 16 300 IllCent 101 200 Indiahoma. Hnfe hepotit VauUt Iooattd at This Branch.

the position to which he was Imme 101 VA 1- 103 103 diately elected, that of chairman IN PITTSBURG STEEL Pittsburg. March 1 There are 200 Inland 103 the board of directors. Grand Astoria. some weak spots in' the steel market. 2HersheyChoc6s'42102 102 102 lH4JIadjinc5s'j7.

61 1200 Inap'nCop. 24 23 24 CAPITAL INt ItKASK KII.ED. (Special to The Ranlp.) Albany, March 1 The Brooklyn FMison K. F. T.

Building Corporation. Queens. Capital. 830,000. Directors are Emanuel A.

Kaufer, 195 Dltmars Julius Reinliardt, 99 Elm and John 1, Flynn, 175 Dltmars Astoria. Plate mills here are meeting Kastern competition and selling at 1 i 82 82 400 Vanadium 2100 VaCaChem 7500 VCaCh pf 300 VCChem 1400 Yivaudou. 62)0 2100 Wabssh-A. 2-'00 230 GRAIN MARKET Chicago. March 1 Prices of grain the Chicago market worked lower in ihe early half of today's trading.

Trices at 10:30: Wheat May. 1.10H; July, 1.10 Vi; September. l.lOi. Corn May, 80 Vi; July, 81 Vi; Sep-I cm her, 81 Vi- Oats May, 48 July, io. SOUTHEASTERN GRAIN RATES SUSTAINED Washington, March 1 Rates on grain moving into the Southwestern tiuarter of the United States from he Mississippi Valley to the Atlantic oast are reasonable as they stand, it was decided today by the Inter-flatc Commerce Commission.

The Chase National Bank oftkt City of Nta York HAMILTON TRUST BRANCH 191 Montague Street 3 10, 2'i 11 14 10 200IntBusMao f5 15 $5 18 17 181 500 IntCombusi 23! 23 23 800 IntCemcnt. 43 42! 42- Compnny. Brooklyn, haa pled a not lee points under the listed quotation of 2.5flc. shapes have sol.) WUIl Ilia MPCreiary 01 rtiHie, auiiuuii, mik niai ila eapltal haa been Increased from $50,000,000 1 IIudAMref5sA'57. 82 3 HumbleOil5'i8'32.

68! i I 7 111 Bell Tel os A '56. 94 5 III Central 4s 90 5- 's 22 30- 3- 9-l 2.... 11- 14 '4 44- 17 9- 60 8- 18 14 26 5H1 to 75.000,000. 12 12, 128 this week under tho regular figure of 2.50c. There is shading in black and galvanized sheets.

Hot rolled strips sold at 5c. under the list. Of SHARES. (Specha to The Eagle.) Albany, March 1-The Doebler Die-Casting 60 1 C5 30 3 0 2 11 14 43 17 9 58 8 18. 26 57 3 f5 18 80 80 800 39 39 FOREIGN EXCHANGE London Demand Rale, Prevloua Currenca and Par.

rlnae Todaa 39 Company, Brookyln. has niea a certtneate 11900 Westing'se. 00 14' 14 14 Tltl'ST COMPANIES. Bterlitl, (4.8S4 4 M. 4 2BW Continental Hates (in cents).

with Ihe Secretary of State announcing mat ila number of ahares of common Block haa been Increased from 20.000. 860 par value, to 150.000 aharea, common atock, having no par value, and shares, preferred atock. 80 par value, to remain as heretofore. The Sonora Phonograph Company, French frano (19.8c.).... 4 1450 4 Hi.l Britain frano 119 8 60 3 1)25 Italian lira (19.3o.).....

4 ail 4 81 KINGS COUNTY -TRUST COMPANY S42. 314 and 346 FULTON ST. 600 WhceUng. 8 230 Wheeling pi 18 2)0 WhiteE'gle 26 3700 WhitcMlr. 58 2500 Wickwire-8 3.

12 X) 11 200 Willys-0 pf 85 500 Wrigley. 38 200 68 3 Oyster Bay, haa certitied that the number of glrlae frano (19 30.1 17 80 17 80 Spanish peaeta (19.3c! 12 u.1 12.13 2 111 Central 6 Via 62 61 HlntbR8pTr7s'32. 87 5IntAGtNadj5s'32. 51 20Int4GtN 1st 6s '19. C2 6 Int Mcr Mar 6s '41 81 4 17KanCFSAM4s'38.

76 2KanCityP4L5s'52 i.0 I Kan City Sou 5s '50 88 I Kan City Tcr 4s '60 81 4KanGas4El6s'52. 95 25 KellySp Tire 8s '31 103 its ahareB of common haa been In Danish crown (26.80.1. 15 S3 15 HO 11 85 i'8 18 creased from 60.000. no par value, to aharea, no par value. Its 12,600 shares pre Capital, $500,000 Norwegian crown (24.0.13 82 13 30 Swedish crown (20.8C.I..

28.10 2K 10 iURPLLS and Oin Anr. ferred atock, $100 par value, are to remain 98 94 90 109 02 61 87 51 92 81! 4 70 10 88 81 95 102 02' i 93 SO 79 1)9 80) 3' 101 59 U. S. WORSTED EARNINGS Boston. March 1 The annual report of the V.

S. Worsted Corporation for the year ended Dec. 31, 1923. the first Issued since the re-nrsanizallon, shows a manufacturing profit of $574,056. After allow-I'lici; for drpriciation.

interest and tax reserve there remained a surplus of $1 13,047, etjiial to $4.56 a share on $2,494,600 of outstanding 1st Dutch guilder (40.2c.) .37 2B 87 24 aa heretofore. UNDIVIDED PROFITS iiiiiam iv CAiDrititn -j per trillion German mark, 94, 90 10) 62' i oi; 87' 51 92 81 76 88' 81 95 102 92 95 80 70 09 80 101 59 jui.inii is. inuwii.Ms, (caiqsgt iJI.IAN 1: i-AIRCIULD Creek drachma (It. 177 1 71 BALL'S OF STOCKS. The volume of business hour by Rivets are quoted at 2.75c.

against 3.25c. last April, when the list was revised. While soft spots in the steel market, considered as a whole, are few in number, there are none Ir. which there are prospects, of advances, and thus the price outlook, as far as there is any definite outlook, is somewhat one-sided. X.VME CHANGES RECORDED.

(Special to Tile Kagle.) Albany, March 1 Certificates of change of corporate name have been filed with the State Department by these corporations: New Hyde Park Association, to East Floral Park Corporation; Adler Matlin Pharmacy. to Ooldfiink Pharmacy. Maxwell-Chalmers Sales Corporation. to l-'ink Motor Males Corporation. nrcuovKn to i ek, (Special to The Vagle.) Albany, March 1 A certificate filed with the Secretnry of State announ, a that the In-ation of Iho principal office of the Hocco Realty Corporation haa been changed Iiom Manhattan to Queens.

200 31 31 23 21 22-l 2000 Kenn'cott. 37 6 36 1000 3 2 3 500 12 12 12 SHILehighVal. 70' 00 'i 2K)LeValrts. 32 S2 32- 200 new 51 51 200 rts. 25 25 25- 17 17 17 2200 Loft 6 6, 6- 152 lu'l -1 200 LouiNash.

8.9 Nl 8f)l 400 LudlumSt 23 22 23 9810 MackTr'ks. Hl 08'i 200 MkTks 1st. 9S 98 98 200 Mary 113 113' 113- 300 Manlil nig. ::0 38 "1 500 Maraciibo. 30 30 300 Marine.

8 7- 8 200 Marine "0 20 30 3 8' H- hour and for tho day was as follows: AUCTION KERS' ASSISTANTS VMTE. (Special to The Eagle.) Albany. March 1 -Kalman Hoffman, l.ouia Richmond and Julius Brooklyn, appear as directors pf the Auc Rumanian let (19.8o.)... Auatrlan crown (20.30. Hungarian crown (20.3c.) Ccecb crown (20.Sc.) Flnmark (19 30c.) on it 003 2 (Hl'ij 2 835 6287 nun 0020 1 1102 2 51 WILLIAM J.

WASON Jit HOWARD D. JOOS INOMA4 BWK5 SacvetaTT ALBERT t. TABOR. Aaalatant Secretary ll.AllliM'K B. TOBIAS.

Secretary J. VORMAN CARPENTER Truat Office ALBERT K. E( KERSON Audita, 221,400 379,700 tioneers Assistants Association, Man From 10 to 11 From 11 to 12 Total I or Kastern. hattan. Just Incorporated by the Secretary of Slate.

interest Allowed on Account, Subject lo Check. Special rate, on Certificatee of Denoail. Japaneae yen (4t.lc. .44 63 4fi.2ii taal 70 50 71.00 ..401.100 .678,500 FRENCH AGAIN STRIKE AT FOREIGN TRADERS I'aris. March 1 Tr addition the Miiisiires ill ready tiikrn to limit the actlvilies uf foreigners in French Same day 1923 i Hong Kon, dollar (78c.l.V)r3 50 87 Bombay rupee (38.42a.) 20.

64 2I1.U0 5 S2'o 5 95' 1 LehVcn4Vis2003 86 1 79; 11 4 rfg 5a 2003 99 101 3 Man Ky cons 4s '90. 59 South America. markets, sny the Matin, the brokers' w.mid sales i p. CHAPTER OF A. P.

1. (Special to The Eagle.) Albany, 1 Frank Cucui-ullo. Brooklyn. Is one of the dlrectora of the Ithaca Creek better Society, chartered hy the Secretary of State, styled the Mu Chapter of Alpha Phi Delta. kOH.

The Bank, of Dependability Ura-4l! mllrela (33.4 4c. I 12 OO 12 00 Argentine peso (43.46c.) 34 25 24 New York and Canadian Exchange. Discount at New Tork. .3.41112 3 4012 Premium at Muntl'tal 3 812 3 2HU tncr. locr.

1923. p.c. members urging them to demand 100 percent inaririns In trading in future hen dealing with foreigners. Krl. sale ..112,689.101 SS.0I Two niulitlia.

23,795.260 1 1,540,513 35. 00.

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About The Brooklyn Daily Eagle Archive

Pages Available:
1,426,564
Years Available:
1841-1963