davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-09-30
WANTED.

SUBURBAN HOME. ) OR ROOMS. WITH
large lot or acreage; substantial cash and rea-
| sonable monthly payments; state full particu.
| lars. Address Box 62-B, Star office. 3Ss
| TNFUKN1SHED HOUSE. DETACHED, WITH
\ modern improvements; about or rooms. Ad-
dress Box S-B. Star ONCE. 800
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-09-30
POTOMAC HEIGHTS.

have you seen it? The best buy In the city.
High ground overlooking the Potomac. a
sale: moderate prices; easy terms. Water.
sewer, electric lights. good car service tone
fare), strictly white. Take Cabin John car.
See W. r. Jackson. owner. 5424 Conduit road.
Cieve 49, or Samuel T. Dorsett. owner. 1904
st. NV. Main 1000
SCBURBAN-FOR SALE or RENT; LARGE
S-room house, including sleeping porch: lawn
and garden: ami: immediate occupancy. Ap-
MY OWNER. Main Abs. 3U'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-09-30
BARGAIN. Mt. RAINIER. MD.

1926 y. Y. ave.. Washington. D. c.
S-ROOM SEMI-BrNGALOW; ANIL; H.-W. H.
block Wisconsin ave. line. macadam pike
20 minutes drive; beautifully improved acre
shaded lawns. gardens, excellent neighborhood
So. 500; 81, 900 cash.
A. W. CHAPMAN Owner.
New-York tribune., 1920-11-16
Butter, Cheese, Eggs

Butter-Receipts were 349s packas..
Sreamery. higher than extras. h. $50 q
score. 54 q 63c: irsts. SIS to So score 4sa n
o5c; seconds. % to 81 score 400 46LS.
lower grades. 3s 1880: Danish Casks SO a
&c; uhsaited. higher than extras. s7L b
seconds. II Q4Tc; state dairy tubs. fin..t
81 &c: good TO prime. 90 gsoc. common
to fair. 38U48c; renovated evfraS a. a
SIC: ladies', current make. Arsts. seSs7s,
SECONDS 1914 @ 3ic; lower grades, 32633c.
packing stock, current make. No /, Sac:
Chcese-Receipts were Ose boxes s.s.s
whole milk. held nats. specials. ID 9TL =
~ '7c' averaFe run, 2+925izc; fresh. sra.
,clai5. ZAq 26c; average run. 22is g2sIsc;
2. ~ Zsc average run. "a a Csc. Wiscon,
son. held. twins. 25Ls Q26 no; s,nrs
Daisies, held. 26 n q 27aac. double Daistss
20 n O u &c: Young Americas, hala 2ai 10
SOC skins. held, specials. IsM2Cc: prire
to choice. l5Wl71 12c; fair to good. l2@ifiar.
lower grades. 10c
EKks-Receipts were 7.5ag cases. prest
gathered, extras. dozen s5Wssc; e,trs
frsts. SO q s5c; frsts. 77RSlc. seconds e.
q 'hc; dirties, No !, b2Q SOC, CHECKS e. -.
70 cholce, dry. al q 5Oc. refrigerator sne-
c1si marks fancy. 81 p q 5sc. nrsts. 5e q
Vanla and nearby Western hennery. whites
extras Sl.o6 a .0s; extra firsts. sl.O3ql of,
hrsts. cG$i02; gathered whites nrs.s
20 extra hrsts s2cWsl o5. under grades
80 s'c' pullets, 750 s5c, Pacific Coas,
"hite, extras. 1869 los: extra nrsts
81 % q Los; firsts. o2c q s. ~ under grades
20 o sVc; medium size, 90 a e1c. small 75a
'sc; other Western and .0utheNa garh-
ereI whlte9. 50 a SOC; State. penrsylyanis
ana nearby Westerl hennery browns. ex-
el%S. ~ q sc; gathered brown and mixed
So.ors. graded extras, s6Qssc; frsts TO
extra nrstS, II a gSr
New-York tribune., 1920-11-16
Western Tel. & Tel. Bonds Assumed

Cuesticn-WiN you please tell me- some
thing In regard TO Western Telephone and
Telegraph collateral 6 por cent bonds. du~
1882? In what field Is It's business done.
how arc they secured and do you cIass
them as q Arst-class investment?
N. e. p
Answer-The Western Telephone and
Telegraph Company stock was ex-
changed for American Telephone and
Telegraph Company stock. During
1912 the former company was liqui-
dated. and its assets. consisting almost
wholly Of stocks and notes of associ-
sted ompanies, were sold. The Amer
ican Telephone and Telegraph Com
pany, as purchaser, assumed the bond
ed debt The per cent bonds of the
Western Telephone and Telegraph
Company, due 1882, Of which there are
se,sS5,0oo. are secured by first lien on
securities of the Cleveland Telephone
Company, New England Telephone and
Telegraph Company, Wisconsin Tele-
phone Company and Northwestern Tel
ephone Exchange Company. The bonds
are assumed by the American Tele-
phone and Telegraph Company and
will be ndorsed upon presentation
They are entitled to the same ratings
as American Telephone and Telegraph
collateral per cent 1896 and per
cent 1929, which rating Is good.
New-York tribune., 1920-11-16
Cotton Declines
Here on Reported
Calling of Loans
Early Advance of so to Is
Points Lost as Pressure
Is Renewed Late i'm Day;
Final Tone Is Weaker

The cotton market showed consider
able strength during the greater part
of yesterdays trading, but advances Of
90 or IS points were lost in the last
half hour owing to renewed liquida-
ton accompanied by rumors that
banks were calling loans on cotton in
the Southwest. January contracts,
which had sold at 1880. or 72 points
net higher, closed at 1855, with the
general market closing weak net 7
points lower to Z points higher.
The earlier market felt the influence
Of stronger technical position after
the break Of last week and with
drawal of Southern hedge selling.
Liverpool was lower than due, and if
anything the news from the goods
trade was more depressing, particularly
with reference to the export division.
Southern spot markets as officially
reported were unchanged 70 50~ponts
lower with middling cotton quoted
down to 17.40 at Dallas, making new
low level for the season. There were
70 sales reported at Dallas, but Fort
Worth reported sales of 4,6oO bales,
with the price unchanged at 1850
The local market for spot cotton
was quiet and Is points lower st 1925;
no sales were reported.
The range OF rr.ces
New-York tribune., 1920-11-16
Investor Going to Belgium

Question: will shortly have several
thousand dollars to invest In foreign or
American bonds. What 90 you think OF
the Central Pacific European loan or can
going to Belgium for some time.---N. r.
Answer-Ws regard the Centra! Pa
cihc European Loan 4 per cent bonds
as we'll secured 80 Far as principal is
concerned. or course. the price here
Is dependent upon the course of ex-
change. Therein lies the speculation.
You might also consider some Of the
French and Belgian internal loans, fo-
if you are to be abroad for some time
You will probably desire your income
to be paid in francs.
New-York tribune., 1920-11-16
Wheat Is Stronger
On Buying Outlook:
Pressure Is Less
Farmers Believed To BE- Not
Selling So Freely, and
Many Feel Decline Has
Gone Too Far; Tone Firm

Many traders In tho wheat market
believe that prices have reached de-
batable ground, and thar resistance
to bearish influences may be expected
II is admitted that underlying condi.
tons are still unsettled IN the com
mercial and financial world, but prices
recently have experienced sharp
break which some. tn nix has been
more drastic than conditions warrant,
At any rate, the market yesterday
developed q frmer tone after fever
lsh opening, and At the close showed
net gains OF AZ to dAc There was
less pressure from the country, indi-
eating that farmers we're not selling
freely, and this was true in CanaH as
we'll as in the American wheat beYt,
British and French buyers we're ou.
Of the market, but there were sales Of
about 10000 bushels. mainly Cans
dian, during the day, and this demand
had stimulating influence on the
market in general and caused active
covering.
Italy was the principal buyer, and
apparently secured wheat at lowe,
premiums OWING to r~se,ino ut the
seaboard by recent buyers. There ap-
peared to be less nervousness over
financial conditions, although late re-
ports in the cotton market that banks
we're calling loans in Texas caused
somc uneasiness lest this be extended ID
into the wheat region. Reports from
Chicago said that efforts to stabilize
European exchange by the return of
Canadian property held by Allies was
cons lcred hui.ish IN grrins, as the OBJ
ject was to provide funds with which
to buy Toodstuffs.
In the local market No. 2 red and No
New-York tribune., 1920-11-16
Answer-Thege Is 10 hAt.e- sAor,
His Holdings Halved IN Price

w.. 1uss,io1-k Kindly give me Information
SoI nay nave on Libby, McNeNl & Libby
You oavise holding tho above even = they
TeTe purchased At price more thsn
Upe".n ros. "na' ,hey sre selling Tor at the
Answer-IWc cannot advise you what
to do with Jour stocks. Botb ~.
speculative, because they are 90 sens,-
tive TO earnings and other devcion-
lnents. The stock market appears to he
discounting the transition from war
to peace basis--th.t is, from abnor-
mnl earning, to normal or perhans
even below normal earnings. We do
not pretend TO know to what extent
this discounting will 60 That ia tho
reason We do not attempt 10 give Sd
Nicc upon speculation.
New-York tribune., 1920-11-16
Trader in Plight With Otis Steel

Cuestion--Wtll you please give me advice
chased Otis Steel common conn ms stock Ss IN The the
4os and recently purchased an additional
amount stnoS ns a. 81, to average % up Since this
downward trend Question my wisdom OF
purchasing an additional block in order
Considering the earnings OF this company,
its future possbilitiee, you'd you adyisa
me me 10 purchase more or 20 walt IN the
syn lower price? can afford TO hold
this stock for a long pul---A r T. w
Answer-Conditions change. When
business is good and dividend pros
poets are bright we sometimes pur-
chase stocks, believing our profits will
be great. We do not always stop to
CONSIDER tnat business conditions MAY
change: Practically every one who
knew that most of our corporations
mad reaped harvest during the war
perod and that at some time or other
the period Of dehation must cnsue
All stocks declined in price. But SSH
80 many of US purchased more II. order
to average How many people do that
not because they continue to believe
the stock VIII go up but because tnev
just desire TO average? We do not
know what the future of Otjs steeI roy
VIZ be- We do know that the stock is
nlghiy speculative. Tho period Of de-
fiation has not ended, in our opinion.
but the stock market may nave dis,
counted it, nevertheless. il not foily.
most certainly in part. Some dav
STOCKS are going to be * purchase
again. We attempt to give no advice
upon speculation. If you really be-
lleye taht Otis, Steel has good future
and can afford TO play the pans wnn
might buy more stock. But don,t INV
more Just fOr the sake oY avnrsniro
New-York tribune., 1920-11-16
Defation Bound to Depreas Shares

Question: wish % get a line on Ciuett-
Pea body stock. Why :. It SO !ov? 7, It
good buy: J. n b.
Answer-Cluett Peabody & Co.
showed an enormous increase in in
come from 1914 to 1919. For the
former year the figure was $1,7290I2,
Tor the latter *7.T54,62o. Now that the
period Of dctlation is under way it is
quite natural That the stocks cf such
companies should decline, for it is not
reasonable, we think, to expect such
large profits in the future. When PEG
pie purchase common stocks Of manu-
featuring companies they expect a
great variation in the earning power
of the companies, with the result that
the common issue will be sensitive to
such earnings. The Cluett Peabody
Co. issues its report Of earnings once
a year only, so we cannot tell what
present operations are. The specula-
tive market is probably discounting
poorer earnings of most corporations,
and Of course some day stocks Will be
good purchase
New-York tribune., 1920-11-16
Cooper Underwear Go. Sells
SoOO.OOO Gold Bond 1ssue

An offering Of s600.0o0 first mort
ne Cooper Underwear Compnnv ~
henosha. Wis, AT prices RANGING ar.
c"rdine TO maturity 70 yield 7.50 to 3
per cent. was announced yesterday bv
Nyney. Emerson & Co.
inc bonds are direct Obligation Of
~" company and ar" secured by a f,rst
moI'GaT" o. the companys mAnufnc
.rT4rg propcTtiee Ne, earnings for
>ro current year before taxcs nre
rehrly eeYen and onc-nalf times the
interest rcNNIrmeIts md more than
'one- na'f Of me rrircpsl amount Of tho
bond issue.
New-York tribune., 1920-11-16

2 hard were quoted at s2,os, c. l. {.
track New York.
New-York tribune., 1920-11-16
New York Metal Market

On the New York Metal Exchange
Tin was weak and unsettled, with Class
A quoted SEC 20 %7.5oc; Class B, 35.50c
fY36.50c, and Straits shipments, 3sc
'nl37.75c. Copper weak; spot and No
Samber, l4.75c; December, January
and February, l4.5Oc, all asked. Lad
weak; New York spot, $500, and East
St Louis spot, c.4oc Zinc weak; New
York spot, e.s7l2c, and Fast St, Louis
pot, 6.40c.
London mesal prices follow: Lead
pot. s39 ios, and fusures, f32 los.
Iinc spot, E34 l5s, and futures, 93s
5s.t Tin standard spot, 1885 l5s, and
iatures, s242 los, With sales oY nfty
tons spot and 300 tons futures. Cop
per standard spo.. s85 l5s. and futures,
ss4 l0s, with sales of fifty tons spot
and 1850 tons futures, and electrolytic
spot. COS. 40 futlrn. cog
New-York tribune., 1920-11-16
New York City Bonds
New York State Ronds

HssueG IN coupon and registered form
not Interchangeable. Coupon bonds reei.
New-York tribune., 1920-11-16
Monthly Earnings
1ri. kan@a. 4 Tern. system

fIssoUrf. knn.ns T<Ths -ystrfn
Err. gross- --... ,s7jffIo iac. sG<i.ots
Fhi >n'e a''er faS l)f7s7s Inc. 443i4
.s~' nj. io~lr4o.. i.cIb.i1b !nc <YzC.I
en>ofns' f,r7~s 81 ~ ~ Irc en- Tr3
jennit affnF fs< slI.ttt frr ..lt 7.f
~ 4 = Ltr1-l.. - ~ H. 4 - ~.
New-York tribune., 1920-11-16
Markets In Other Cities
Bonds

Bonds
$4,000 A G " 5s.... 70 70 70 ~
5000 Miss X Pow IS 7SAA 7eA rs IS
1000 New Eng Tel So s3,s s3ia SO So
100 seneca So loo 100 100 700
1909 Swift Js . 337. s3Ts sS-. s9+1
New-York tribune., 1920-11-16
Recovery on Curb
After New Selling
Wave Hits Prices
Several Stocks Set Record
Lows for Year Before
Advance ON Covering;
Industrials Are Stcadier

Further new low records for the year
were recorded on the curb market yes-
torday before recovery based on
short covering set in and caused n re-
action. General Asphalt WAS one Of
the weak features at the time, With
decline to "a. This stock reacted with
others. however, and showed net ad-
vance for the day Of nearly 3 po!nts.
The entire industrial list steadicd as
soon as the early offerings had been alb
sorbed and abort covering move
n,ent started. Advances above Satur-
days final sales were small. however.
Tho independent oil list was weak in
spots, with Simms and Ryan Petroleum
setting new lows. Midwest Refining
registered an advance Of point
GufYey Gillespie was also higher.
The bond list vas under pressure for
q time, and seanoard Air Line 6s broke
to 80, but recovered to 20 on the final
sale, net loss OF l point.
New-York tribune., 1920-11-16
Ontario Sells S5.OOO.OOO
Issue of 8 +. C.. Bonds Here

The Canadian Province Of Ontario
mas cold TO a banking syndicate al
issue Of $5,o0o0 seven-year per
cent bonds. The syndicate consists
of A. Z. Ames, Wood, Gundy & Co., r.
G. Matthews & Co. and the Illinois
1rust and Savings Bank.
Six bids were received FOR the issue
The successful syndicate bid 104.53 in
Canada, which is equivalent TO e314
when the difference in exchange IS
figured. The bonds win be offered On
basis to yield approximately 6.9o
per cent. Proceeds Of the loan will be
used Tor hydro-electric development
In tna proviuce
New-York tribune., 1920-11-16
Another State Added to
New York Bank's Par List

The Federal Reserve Bank of New
York announced yesterday that all
banks in the state OF North Carolina
are on the par list, which means that
checks drawn on all banking institu
tions in forty-one states can now be
collected at par through the Federal
Reserve banks.
In other words, 2s,l26 OF the nations
50,286 banking institutions, or nearly
J3 per cent Of the whole, are on the
list. The remaining Z per cent are in
Alabama, Florida. Georgia, Louisiana.
Mississippi, South Carolina and Ten
nessee, in the Atlanta. Richmond and
81. LouIs district.
New-York tribune., 1920-11-16
A charter was granted in Ds,.u
American Cotton Oil
Net Loss S1.51c s31

For the year ended August 81 tho
American Cotton Oil Company reports
net loss, after charges, OF s1,54e5si
compared with a profit OF $685. ,2l4 for
the preceding year
Deficit, after dividends on common ana
preferred, amounted TO s3,e1l.5so.
against a surplus Of s422,S14. Prof.
and loss surplus showed s9,e24,oel, a.
compared with s13.325,651 for the pre-.
ViouS year.
New-York tribune., 1920-11-16
Sugar Tone Continues
Weak With Sales Small

Current Year
sugar. granulat.a ls....1o 9lois
Coffee. Rio No 7........ Is. 1sS
Coffee, Santos. No r....i3A elSl 2Ss
The sugar market failed to show i'm
provement yesterday, although ship
ments were not actually pressing for
sale. The belief persisted, however,
that unless conditions in Cuba begin to
show early improvement holders there
will be forced to sell for what they
can get. Offerings at SIC c. l. +. re-
manned unplaced, with buyers showing
little interest Prices for refined re-
manned unchanged, although reduc-
ton. is believed imminent. Futures
we're slightly easier, but trading was
dull.
The range Of prices:
Tho range OF prices follows;
New-York tribune., 1920-11-16
Corn Market Rallies
after Setting Ne1C LO,cS

New low records were made for the
season In the corn market when prices
declined nearly cents q bushel under
commission house selling prompted by
slow cash demand and predictions OF
larger receipts. The rally in wheat
caused quite active covering, however,
and the market rallied and closed firm
with net gains o. 1s TO l4c.
In the local cash market No. 2 yellow
was Quoted at S1.O7a4, and No. mixed
SlO5@s c. i. I. New York, ten days ship
ment.
xovo-, Yesterdays Previous Year
No; ? ys!.ow. si.o7s. $685.. ~ il
ass:"''s' asy ~ ~: IS: IS: l:5~ l::5
Oats-The oats market folio wed corn and
aI, hlteE M .;.;, aking new low record rallied and
creased $4,000 bushels Tor the week. s but
the total was 3+,sss.ooo. compared with
quoted At s4c; No. white. e2i.c; No. 3
cinnso whifs S2%s; U.s. No; White s,.ac' fang
white. e3aa to &c. all elevator.
Yesterdays Previous yeAr
No. : ~hlte...... .ssH So - 81
Chcago:
nsssm0'F nsy ::.. ... .ts. :ss IS :ss ~ ~
Hyc-Market 1rr.
Yesterday'o Previous Year
New Yorl: close. close. ano
No. Western. sl.s3is s1.7s,a s1.6ib
Flour and MeaR-Quotat!ons were:
Spring patent:
ss25 0lo.oc ss.26@1eos sl375
Cornmeal:
$500 ?'S $500 2.7b e.7oa ss5
Rye -four:
$3.50 e.1o also SO 7.ooD 7.z5
Bran:
N.oo S4oo $500
New-York tribune., 1920-11-16
Trying TO Peer Into tho Futur.

Queat'on-For business man's invest
!nent, "hich h~D the better chanc. 70
continu" 'he IL per cont dividend, Am,ri-
can NaT ana Foundry common or American
tobacco ccninon2-W. II. II.
Answer We wish we could answer
you- question, but we cannot, because
at best II would be only u guess. W.
are at present going through a period
Of dcnation. How far il will 20 or how
long 1t will last we would not attempt
TO say. Nor do we know to what extent
1t VIII nfcct the earnings OF the two
corporations you name.
New-York tribune., 1920-11-16
German Internal Bon,

German Internal Bonds
(Guo'ed IN dollars acs 1000 rnarAs)
Nalos t,.., yr,o, 49,
'2ooo 'Dr.s1sn Is - 40
'unns'ec. -Se', cer'a p.r .har.
New-York tribune., 1920-11-16
ID. 4 X. G.. Stockholders
Push Fight for DELAY
Hearing on Plea for POSTPONE.
ment of Sale Held in
Court in Omaha

OMAHA, Neb., Nov. l5.-Annl;co...
by a stockholders committee ~ .S
Denver & Rio Grande Railroad n. ."o
SIXTY day postponement OF the date 60. =
for sale OF the road under q s36 Ooo oeo
Judgment obtained by the Eon;tssSIoo
Trust Company, of New York .Uao ,rao
taken under consideration in Eds
court here late to-day. ueial
Arguments for and against vrn,.;u
postponement were heard nv FaJan.ss
Judges r. f. Lewis, of Denver. az ". Si
II. Sanborn, of st. Paul. Counsel for -, y =
trust company, opposed the aoni;ce+;a.ae .,.e
Counsel for the stockholders, 1.oOn. oa'.
mlttec declared the case would ho 80
pealed if the application was NOT go.
ed: Postponement OF the date of -.
sale, which had been set for Novems,asa ,s
70, was sought, Il was explained ia o;r.
the stockholders committee An 49, 80
tunity to file q bill for review in ~
York IN an effort to secure a revers.l
Of the judgment. 0'S"'
A charter was granted in Delawa,,
yesterday, according to dispatches
from Dover, to the Denver e ''I,eS pGS
Grande Western Railroad Comnsnv ~
operate railroad outside OF Delawars
The company was formed for the nms
pose OF taking over the Denver & P;o
Grande Railroad Company, which ~
scheduled to be disposed OF TO-DAY hv
K. NJ. Arkush, OF counsel for the NOV,
company, that decision on proceed;o,
with It's development depends on ths
outcome Of hearing to-day in r..
Denver & Rio Grande case at Omab.
Neb., before the Federal Courf
New-York tribune., 1920-11-16
Bonds

5000 Armour 7s .. ssis s6is e6is ssls
5000 c & c II IS 81 81
b.0VO swift tst IS. So 81 81 81
New-York tribune., 1920-11-16
Investment
Information

QMestions Of general interest to in.
oestors Nil' Be answered tn thia csl-
Hsnn, IN .chich case only initials sciu
30 used. Others will Be answered by
mail. Address all inquiries, tnolos-
in0 q stamped, addressed envelope, t.
Financial Editor, TIE Tribune, 1s4
Nossou Street. New York City.
New-York tribune., 1920-11-16
Credit Rule Extended

WAS SHINGTON. Nov. l5-E1tersI0n
antil mex. June 0 Of regulations per
hitting national banks 70 purchase
or discount SIX month"; commercial
PAPER up 70 10 per cent Of heir capi-
tahzation was announced today by
Conptrol'er q the Currency Williams.
Tho paper rcpst be secured by l05 per
cent Of the amount in Liberty bonds
or certificates If Indebtedness.
New-York tribune., 1920-11-16

era,ely active. with total sales Of 17,loe
barrels. Prices were frmer on covering.
prompted by the strength In lard and also
on the frIner tone to the grain markets
There were rumors Of export sales. and
this strengthened the cash position to
some extent, although on the whole under
lying conditions were considered unsettled
and the trade was nervous over the late
decline in cotton. Final prices wore 7 TO II
points net higher
The range OF prices follows:
New-York tribune., 1920-11-16
Saturdays S

Southern Spot Markcts-Galvcston ou,ct.
unchanged at 1850, sales, ,697 bales. New
Orleans quiet, rs lower at 1890; sales
!.3s7 bales. Mobile nominal. % lower at
ls.25c: sales. nil. Savannah quiet. un-
changed a. lsc; sales nil. Norfolk quiet.
unchanged at ISc: sales. e47 bales. Au-
gusta quiet. unchanged at lsc; sales 545
bales. Memphis steady. SO lower at IS soc;
sales 1850 bales. St. Loui. steady, so
lower at 1ac: sales. nil. Houston steady,
unchanged a. 1850; sales. 1851 bales
Llttlo Rock quiet. unchanged at 19c: sales
2:ss3 bales Dallas steady. 25 lower at
l!.40c; sales, nil. Montgomery firm. un-
changed at 1850: Gales. 112 bales. Fort
Worth steady. unchanged Of 1850; GALES
New-York tribune., 1920-11-16
Treasury Issue Oversnbscribcd

WASHTNGTON %o7. l5-OyrYsub-
scfiption of the !stes. Issue Or IA per
cent Treasrry certiAca'cs was ~
rouncrd today by SecretAry Houtton.
Preliminary r.DorSs indicate tfat the
.otal subEcriptions a22rcNa'c $275 600,
400 oA az lsele - anon, 900 900 600.
New-York tribune., 1920-11-16

Coffee Futures-Trading was unusually
quiet yesterday with operators watching
Developments In Brazil for cue TO posi-
bic movements here. slight decline at
the opening was followed by a strong re-
covery and final prices Is. to -
points higher. 1t was believed that
sustained advance could be expected until
December liquidation had run its course.
Tho range OF prices:
New-York tribune., 1920-11-16
London Money Market

LONDON Nov. 16.-Bar silver, 81 q
an ounce; bar gold, 121s Sd; money, SIX
per cent. Discount rates-Short bills,
1915 TO SIS per cent: three months
bills. 6% to 1916 per cent. Gold pre-
miurnr at Iishnn 14O
New-York tribune., 1920-11-16
Allis.Chalmers Income Renor.

Net profits Of the Allls- -Chalmcr,
Manufacturing Company for the nins
months ended September 80 were 81.
525,2S7, according TO 9 statement is-
sued yesterday Profit and loss surplus
amounted to Sf1,701.9SS.