Evening star. [volume] (Washington, D.C.) 1854-1972, 1921-01-28
EASE IN MONEY IS
;. GENERAL REPORT
, 2
Nest and Nor invest Indicate
huurovement- Bond Buy
ing Proves It.

n02k1O NkAys
vhere the sliding scale Of Discounts
w1s first used: from Minneapolis and
the northwestern districts. where the
farmers refused for months to dis
pose Of their product. pay or the
frozen credita aud from other sec
lions as well, come reports OF moro
and eaaier mnaeY. with the predio-
tons that the spring win soc a fur
thsr ehange for tho betteE
q can be found in the urgent manner
With which an, 0otAtions Of bonds. do
mestic or foreign. are eagerly sought
aftAr and oversubscribed
overtime getting out bonds and notes
At high rates Of interest, and tho pub
lio IN mailing the work easy by the
manner in which It is racing With tho
peeeees On tina buying end OF thesee-
There eeenA0o end tcthe resources
OF the public, evidenctng the fact that
the weeks and months OF the non
buying movement have added ma
tarfally to the cash resources OF the
16nreover. tfe enforced liquidation
N many directions has released the
strain on bank resources and greatly
imuuoved the general credit position.
A Warning Note.
neNational Bank OF Commerce Of
New York sounds a warning in call
ing Aftention to the importance of the
products. and predicts that the pres
emit unstable financial conditions
through a large part of the world.
VIII be reflected in the United States
for some time to come.
IN addition the readjustment from
wartime price levels to those Of nor
NAL character has been progressive
and has affected different cummod-
ts1n8 In turn. A further series Of re-
1ustnnentA must necessarily occur
sseere business can be properly re-
amened to new conditions"
Business on the local stock ex-
ehAnge continues to produce little
ohApge in market values and is grad
ually becoming of less and less i'm
poreanca The most optimistic re-
without effect on, the stock. vhexe a
IKE report on a New York listing
would be quickly responded to by q
snafp movement. The very narrow
ness OF the local market seems
A few odd shares of Capital rrac-
ton brought -s4% and s1h, Wash
1hgton Gas sold sparingly at 37h and
Railway preferred At So, the latter rep
resenting a slight decline.
The quotation list shows very lit
tie change in either bid or asked
laastsn Mopetype Csnps,y.
During the year 1920. from March I
to December so. according to an ex-
tended report in the Boston News Blu
reag. Lanston Menotype Company
SOLD 9s.443.e0o worth Of product, an
incceasA Of $s2s.oO0 over the sales Of
1914 The estimated profits on this
creaae Of sl1s.0oo over the gains for
the same months 1913. fhe fscal
year OF the corporation ends with
February. and the earnings are ex-
pected to be about % per cent ON the
No reductions m prices have been
n n,s. nor s'ase any chances onntesn-
The statement also refers to tho activi-
u Of the corporation for tho last two
years, ito capacity" with the inforna-
ton added that between 100000 and
year forsaddftfonal plant equipment, Civ
ing greater productive capacity than
ever tho now facilities now being in fuIl
DeeanssE 1894. vas The sss. month
& &. s ss !, sss ssss g !. r osss
mosh % The ssles fan below i3ee. o6o,
and IN hat one meath below $4,000.
Evasy IaoH@ hut November showed IN
tnauaae Id MT
Ford FinaAeinG.
According to reports In New York
city the chances eeem to favor the
Notation of q S5S.0o0.00o to 100000
1000 hfteef-yeat per cent bond issue
for the Ford Motor Company.
Earnings of the Ford Motor Com
pany in 1920 were not far from $11o,-
100000 before federal taxes and ap.
proximateIy $70,o0O.o00 after all
charges and taxes Reduction in over
head charges is being talked of as
necessary = - So -,
Riexs hank Employees Get Together.
, The employees of the Riggs National
officials. plan to have an enjoyable
party this evening at Durbart0n Hail
0ne.Wednesday night forty-five Of
the young mon in the bank, also as
sisted by some Of the junior officials
aftAnded a theafeP marty ut the