davidaulloa/AmericanStories huggingface dataset:
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

WANTED-Two girls to board and
room in good home, very reas-
enable, close in. A care Journal.
1853
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

WANTED-Ten cherry pickers,
Orchard four and one half
miles out. Campers preferred.
To begin Wednesday morning.
Phone 1950R or 1921. g160
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

FOR SALE-Light four wheel
trailer, dandy for hauling ber-
ries, 2178 N. Church. q159
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

FOR SALE-52 acres, Is in prunes
100 English walnut trees Is
years old, balance of land seed
ed to wheat, horses, cattle, hogs,
chickens, implements, crop.
Price $4,000, " cash. d. E.
Hart 371 State st. b#
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05
FOR SALE-LIVESTOCK

FOR SALE-Three work horses,
harness, wagon. Phone 1694J.
o152
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

mily of to 6 To-
cranberry pickers, must be steady
workers, good patch. Mrs. X.
Schmidt. Rt. 3. box 116. g159
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

YOUR fossil display Is not large,
but have not seen a more per-
feet one in any museum | have
ever visited, said Prof. Parker,
geologfst and inventor. You
don't have to buy oil stock to
see this display. We have the re-
port of two well known geolog-
lists on the Blue Mountain oil
fields. We represent the Blue
Mountain OIL Co in Salem.
10000 acres leased. The best
oil fields in the world could not
be predicted with more certain
ty say biologists, VI the worlds
supply comes from similar
fields. Oregon Realty Co., room
1 Patton bldg. NJ
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

WANTED - Loganberry pickers.
Wood, water and potatoes furn-
ished. r. H. Wolter, Rt. 6, box
63, phone 32F4. g159
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

pickers wanted,
good camp, wood and water. r.
e. Cartwright, Rt. 8, box 1s1,
phone 36F21. g162
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

13 YEAR old Hambletonian
mare for sale, weight 1900. Y
mile south of Shaw. Mrs. G. M.
Elliott. e159
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

FOR SALE--90 head of good
breeding ewes. Address Blaine
Southwick, phone 6X5S Rick
realk Or. eI59
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

S125 BUYS team and harness,
well broke to ranch work. SOS
buys black mare, W.T.. 1900 lbs.
$ll5 buys 4 year old mare, W.T..
1900, blocky build. $65 buys
good family cow Ono better in
Marion county.) Call at resi-
dence. 1855 Front ST., Salem, Or
Q166
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

FIVE room new bungalow, furn-
ace fireplace, corner lot, paved
street, fine view property for
room bungalow, furnace, ga
rage abundance of fruit. $4500.
Winnie Pettyjohn, 331h State
street. az
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

LATE model Paige light 6. Has
very good tires with spare tire
and lock. Has automatic wind
shield cleaner, spot light, bump
er, parking light, side lights, ex-
ira DINNERS, dash lights and
transmission light and trans
lock. Has new top and
upholstery, is as good as new.
This car has been through the
repair and paint shop. VIII sell
for $40 down, balance $27
month. Price $675. Phone 1653R
I58@
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05
Capita14Journal

SUBSCRIPTION RATES
oorrier 10 cents a week, as
By % month, SIS a year in ad-
vance N in Marion and Polk
BY on one month SO cents, 8
counie9' st25, 8 months $2.25, /
montHsaa 90, Elsewhere SO cents a
!s'so@nth, S5 a year.
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05
HAT BLOCKING
REAL ESTATE

SOCOLOFSKY, BAL State, has sew
eral hundred ranches and 200
houses to choose from, call and
see him. n"
notice. have the selling of the
lots owned by the city on North
Capitol, Winter and Summer,
cdty's price. Brown, over Bu-
sick's, State and Com mercial.
a158+
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

TWO loganberry pickers wanted.
Elderly ladies preferred. Can
room and board with owners
family. Phone 113F3. g159
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

FOR SALE-15 acres, 81 in bear
ing prunes, one acre fine logans,
good house and barn, prune dry
er fully equipped, all the stock,
implements, household furniture
and heavy crop. Price $4,000,
terms. d. E. Hart, 371 State
street. b.
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

LOGANBERRY pickers wanted.
Begin Wednesday, yard on 22d
street Il mile south Of Turner
road. H. c. Hummel, phone
2097J, residence 2340 Laurel
ave. g159
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

FOR SALE-Classy new S room
bungalow on S. High street.
Price $1,000, good terms. w. G.
Krueger, oregon bldg, phone
PIT. a159%
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

to join crew working
northwest towns. Travel at good
pay See Mr.. Pratt, room 3, Ar
lington hotel, this evening after
seven. g159
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

OLESON-R N-ROOKSTOOL Auto Ex-
change. Headquarters for used
cars. We buy, sell, exchange and
sell on commission. Bring us
your car to sell. 173 S. Liberty.
1888
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

FORD car, box on back, 4 extra
tires, all good, storage battery,
license. $3.50 cash if taken at
once. 263 S. High, phone call
after 4:30. u16O
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

III VDIAC NO0
Capital4ayo II!
e1rBsCRIPTIoN RATES
aorrier 10 cents a week, As
~ month, SIS a year IN ad-
vance mail in Marion and Polk
By .,oa one month SO cents,
counlhIe' couhs SIPS, months $2.25, /
montSs9a 90, Elsewhere SO cents a
Month, S. a year.
--,,ored as second class mail
natter at Salem, oregon.
Member
ASSOCIATED PRESS
rha Associated Press is exclus-
ny 0ontifled to the use for pub
M;,on Meg, of all news dispatches
hcsaitad hca,id to it or not otherwise
cIaited I'm this paper and also To-
caI news published herein.
Member
Audlt Bureau of Calculations
1dyer+ising representatives:
" D. Ward, Tribune bldg, New
York City.
h,de Chicago, Ills.
CLASSIFIED RATES
Pate per word-each Insertion
cents three insertions, cents,
one week cents. one month 20
Csnts, one year, per month, IL
cants: minimum per ad, % cents.
First insertion only in New To-
day, City ads cash in advance,
and not taken over phone, unless
advertiser has monthly account.
No allowance for phone errors
NEW TODAY
W4NTED-Cherry pidkers. Call
5SF4. g159
FOR SALE-Buick six, first class
shape, INQUIRE 444 N. 14th. q16O
BERRY plckers wanted Phone
21F14. Rt. 3. box So. g160
FOR RENT-3 room furnished
apartment. Apply Court Apts.
j160
WANTED = Woman for house
cleaning. Call 2038M after p.
m. g160
WANTED-At once cherry pick
ers acres. Rt. s, box At, phone
4F4. g160
i WANTED-To rent truck by day
without driver. Call 12F6 eve
nings. i16O
FOR RENT-F'ive room house, 5
blocks capital bldg. Phone 621R
evenings. 1857
GET your auto Insurance from
Standley & Foley. Low cost.
Phone BAT. 1882
. FRESH cows for sale, a No. /
good bottom pasture to rent for
cattle. Call 64F11. else
WANTED-Lady for housework. |
Inquire Handy Cash grocery,
14O5 N. Church st. g160 |
WANTED--5 loganberry pickers. |
Haul them out to and from |
work, good patch, phone 1O9F11 |
FOR sALE-Light four wheel |
trailer, dandy for hauling ber-
ries, 2178 N. Church. q159
WANTED-Two girls to board and
room in good home, very reas-
enable, close in. A care Journal.
1853
WANTED-Ten cherry pickers.
Orchard four and one half
miles out. Campers preferred.
To begin Wednesday morning.
Phone 195OR or 1921. g160
SPECIAL BARGAIN - 5h acres
in cultivation, good black soil,
2h miles from Salem; will trade
for house, $500 cash. Price
S11OO. BAL State, Sawyer and
Emmett. 1881
FOR SALE-52 acres, Is in prunes
100 English walnut trees Is
years old balance of land seed
ed to wheat, horses, cattle, hogs,
chickens implements, crop.
Price $4,000, " cash. d. E.
Hart, 371 State st. b+
S125 BUYS team and harness,
well broke to ranch work. SOS
buys black mare, wit. 1900 lbs.
sli5 buys 4 year old mare, W.T..
1900, blocky build. $65 buys
good family COW Ono better in
Marion county.) Call at resi-
dence. 1855 Front St., Salem, Or.
q166
FIVE room new bungalow, furn-
aee' fireplace, corner lot, paved
street, fine view property for
$4,000.
room bungalow, furnace, ga
rage, abundance of fruit. $4500.
winnie Pettyjohn, 331h State
street. az
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

BEST grade mill wood l6-inchI
2 feet and feet. Prompt deliv-
cry, special price on car lots. We
can make delivery on ash, sec
ond growth and old growth fir
about July 18th. Fred e. Wells,
sos S. Church street, phone
1912. ee"
Capital journal. (Salem, Or.) 1919-1980, 1922-07-05

Grain: Average valley wheat
(bulk) S9c.
hay $17@1S; clover hay (bulk)
Evening star., 1922-01-07
COTTON Markets.

NEW YORK. January THE an
nouncement that a committee OF
creditors had taken over the afairs
Of q New York importing and export
ing firm dealing in dry goods ap-
peared to clear the atmosphere Of re-
cent rumors. and the cotton market
showed a steadier tone today. There
was still some nervousness and the
market showed sensitiveness to COM
paratively small orders, but after
slight reactions from an opening ad-
vance of 8 to points active months
sold about IL to 16 points above last
FUTURES opened steady. January.
1s.I0; March. 1890: May. 17.75: July.
1873: October. 16.%5.
NEW ORLEANS. January latter
. decline OF point on the near posi-
tions the contract market today
braced up on reports that the italian
financial situation had been cleared
up. and at the end Of the first half
hour Of trading was IL to II points
over the close OF yesterday. March
fell to 17.17 and then rose to 1881.
Futures opened quiet. January.
1925; March. 1920; May. 17.10; July.
1856; October. 1915.
LIVERPOOL. January Weekly
cotton statistics: Total forwarded to
mills. $1,000 bales. of which $1,000
were American. Stock, 1.005, 900 bales.
OF which bSS, 900 were American. Inn
porta, $4,000 baleA OF which $4,000
we're American. 8xpcrta, a.o0o oaaeh
an Amot3000s 80. -s''-'
Evening star., 1922-01-07
FEDERAL INCOME AND
EXCESS PROFITS TAXES

board consists Of three Treasury rep
resentatives, appointed by the Secre-
tary of the Treasury, and three repre-
sentatives of the public. appointed by
the President. The personnel OF the
present board is admirable. Many ex-
pected DR.. T. 8. Adams to be on 1t.
but he was entitled to a rest after
years Of unsparing and effective serv-
ice. The appointment of Joseph f.
Sterrett, who had done so much to
make the excess profits tax intelligi-
BILE and workable, was p wise one.
Mr.. Sterrett's acceptance of the post
placed the public. and especially the
accounting profession, under fur
ther debt Of gratitude to him.
/ do not wish to appear churlish.
but it does seem to me that Congress
might have gone a step further and
which appeals from the commission
er's decisions might be made before
going to law. This board should be
entirely Independent of the Treasury
Department. This suggestion Is not
intended as a criticism OF the present
which is doing a splendid piece of
work and in a satisfactory manner,
but is in line with well-founded pub
lie sentiment and In accordance with
British practice.
Two Changes Noted.
Before proceeding to a discussion
of the changes which took effect on
January /, 1922. 1 wish to refer.
briefly, to two changes which occur
red with the signing OF the bill.
i. Section 22s. similar to section 800
Of the revenue act of 1913, permits
unincorporated organizations. which
earned at least 20 per cent on in
vested capital. to elect to be taxed as
a corporation from January 1. 1921.
provided incorporation takes place
on or before March %, 1922.
2. Section PA (a) (5), affecting In
dlviduals, and section 234 (a) 90. re-
lating to corporations, include a dras-
tic provision aimed at wash sales"
Except in the case of dealers in stocks
and securities, it appears to be the in
tention of Congress to prevent the
taking Of losses by those who with
in thirty days before or after the
date of such sale or other disposition"
reacquire and hold "for any period
after such sale or disposition" sub
stantially identical property"
(Caution-Readers should not delay
their inquiries Remember that re-
plies ara made in the order OF receipt
Of questions.)
(Aftiele III viii be publisAed to-
Evening star., 1922-01-07
Grain, Produce
LOCAL WHOLESALE PRICES

Eggs-Strictly fresh, per dozen, -;
average receipts, AZ: southern. AZ:
Live poultry-Roosters. per ID, ~
turkeys. per h., 46a4S; chickens, sprlne.
per h., 3Oa32; keats, young. eacn' soaoo'
fowls. 27a28
Dressed killed spring
chickens. per h.. s2a35: hens. per ~.
80; ROSTERS. per h.. 20; turkeys: per
lb. 50a55: keats, young, each. 6oaao;
Pork-Dressed. small, per lb., l2alIss'
Live stock-Calves, choice, per ID tD.,
boes bhea1s; Ssr lambs IN CHOICE per d. 's Hs'
Green fruits-Apples. per bei.' s:oSa Log,
1850; per bu. basket, 2,5oas2S; ,,Ses,. west,
ern, per box, 2.75a4.50. Cahfornia
lemons. per box. 5.5oa6O9 Can.oanla noanaa
oranges: per crate. 6.5oa7.5o. araRe. dee
500. Tangerines. 4.0Oa5.00.
bbl., 3.75a4.00; per sack. 3.75a4.oo'
sweet potatoes. per bbl., 2.50a4; W; Ley i
tuce. southern, per crate. 1.SoaS;oo. Get- t
cry, per doz.. 75a1.25: Romano ,a,. ae..
sessaG tgss sSass9 aSnaeS Sypsinssps sp s
Cabbage. a.25a3.5o per cwt. Cucum-
bers, 3.00a6.00. Elephants, per crase'
4O0a500 Tomatoes. per box, Florida,
7.O0aS 90. Beans. 3.50a4.00 per basket.
Sprouts. 2oa25 per quart. Peppers per
DAIRY MARKETS.
BALTIMORE. January (speeiane:
Poultry, Hve-Turkeys, lb., 40a45:
old toms, 35: poor and crooked
breasts. 80. Chickens. 3oas2: thin and
White Leghorns Sts 22asS sbarns old hens ssa ssa
"a: old roosters. 15a16. Ducks. 22a2S.
Geese, 22a26. Pigeons. pair. 25as0;
Guinea fowl, each, 25a5o. Dressed
poultry Turkeys, 40a45; old toms,
IS; poor and thin. so. Chickens sSa @
3s. Ducks, 25aso. Geese, 2Sa2s.
Eggs-Loss off, native and nearby
firsts, doz.. southern, Al.
Butter-Creamery fancy. lb., 4la42;
prints, 42a44: nearby creamery, 3Ia3s;
ladies'. asa2s; rolls. s7ass; ,ss,s. store
packed, 22a23; dairy prints zAazo'
process butter, 34a35.
CHICAGO, January 7.-Butter-
Higher; creamery, extras, 50; nrsts,
sOa34; seconds. 27a29; STANDARDS ssts.
Eggs-Lower; receipts, 4.10S cases;
frsts. 37a37h; ordinary firsts, S2a34;
miscellaneous, 35a36; refrigerator
firsts, 30a32.
Poultry-Alive. lower; fowls. 17a2s;
springs, 25; turkeys, 35; rooters, II.
CHICAGO LIVE STOCK MARKET.
CHICAGO, January Omitted States
bureau of markets). - Cattle - Re-
ceipts, 800 head: compared with a
week ago, beef steers, mostly So to
II cents higher; spots, up more; fat
she stock, 35 to so cents higher; some
light heifers. up more; Gamers 1 ana
cutters, Is to 25 cents hlgher' ou!is,
so cents higher; veal calves. mostly
Is lower: heavy calves unevenly high
er: desirable lightweight stockers
and feeders, steady to strong; others
weak.
largely Is to 40 higher than yester-
days average; light and light, puscnv ten
ers, up most; few late sales OF neavy
and heavy mixed, only steady; g9od 2ed
clearance top sig sSss for 80 aso pies, to lsS ss
to IS higher; up to S.s5.
sheep-Rsceip.s; $500 dieset hess; toaaSs oe Sn
thromeh hiring to the east; compared
with week ago. fat lambs, M rs. Is to sS sS
higher; fat sheer, and yeariings, ~ oe
to Is up; feeder lambs. quotaoiy 20
higher.
Evening star., 1922-01-07
FINANCE AND TRADE NOTES.

The Hornell Repair and Construo-
ton Company. private corporation,
which has boen operating the Erie
rail shops in Hornell, N. r, for
Two years. will take over January IL
the Erie shops at susquehanna, Pa,
under q similar leasing plan,
Reduction Of wages ranEtne from IL
to 2b per cont, and affectin9 every
class OF marine employe on privately
be made soon. It Is reported.
Approximately $10,o00,000 will be
spent by the Union Pacific Railroad
tnls year on new equipment to take
care of the Inevitable RESUMPTION of
TRAFFIC." It ts announced, and $500
bog cars have been ordered.
On petition Of the receiver for d.
r, Wagner & Company, grain brokers
who recently failed, Federal Judge
lands entered an order permitting
the receiver to deliver 100000 bushels
OF grain and 100000 pounds of lard
to various firms that placed their
orders before the failure.
Evening star., 1922-01-07
BONDS ARE ACTIVE,
SOME NEW HIGHS
Market Is Higher Than on Any
Day Since the First of
the Year.
BY STUART p. WEST.

Special Dispatch to The Star.
NEW YORK, January 7.-During
the two hours Of trading today the
bond market was stronger than on
any day since the first Of the new
year. United States war loans main
tanned their advance, although the
gains were more moderate than those
Of yesterday. United Kingdom 5ks
OF 1887 made new high price at s7X
and the issues Of 1922 and 1929 were
Arm Most Of the bonds in this group
were unchanged. However. the Ital-
ian sAs at s2h were down a point
from their last previous sale.
Railway and industrial bonds were
steady. Price changes were mostly on
the upside. Missouri, Kansas and
Texas 6s and So each gained about q
half point, and similarly higher levels
were reached by Union Pacific con-
vertibie As. Missouri Pacific 4s and
Iron Mountain. River and Gulf 4s.
Frisco Issues All Strons.
Northern Pacific 3s and New York
Central Us went up almost a point.
The st. Louis and San Francisco is
sues all were strong. Tho Eries kept
night. Buch Terminal guarantee 6s
reached 81 for the first time. The
tractionS were active and did sligh Ey
petter. Third Avenue adjustment 6a
got to Is. and Interborough Refund-
Ing 6s gained a half point.
Lee Higginson & Co. will head a
syndicate for the sale of $4,000. 900
Edison Electric Illuminating Company
OF Boston y per cent Dupont notes,
consisting Of 100000. maturing in
one year. and $12.0O0,000 maturing in
snree years. The notes will probably
be offered publicly early next week.
Evening star., 1922-01-07
INVESTMENT MARKET SHOWS
FAIR DEGREE OF ACTIVITY
Able to Absorb Enormous Offerings of Last
Four Months Without Strain on Credit.
Trade Conjectures Not Borne Out.
Special Dispa tch to The Star.

Special Dispatch to The Star.
NEW YORK. January T.-The open
ing week Of 1929 has seen a further
display Of investment activity, fair
ly general decline in stocks, the es-
tablishment Of the lowest money rates
in over four years, and a series Of un-
certain fluctuations in the commodity
markets. It is not surprising that the
money market should have worked
lower. This is what normally happens
after funds. temporarily needed in the
January settlements. fnd their way
back into active use. and when at the
same time money Is flowing into the
reserve centers from the harvest dis
tricts. 1t is. however. a matter of note
that money rates should have gone
down in face OF the very heavy out
pour Of new securities. This shows
that tho investment market has been
able to absorb the enormous offerings
Of the last four months without in
volving tho least strain upon credit
Still the general bond list. while re-
fresh stimulus from the 81 per cent
call loan rate or the 4x per cent
quotation on time money and COM
mercial paper. 1t has fulfilled the ex-
pectation that the upward movement
reached It's peak in December and
that renewal of the adve nee would be
impeded by tho keen competition
which listed bonds, up 10 to 16 points
from last summers low. were meeting
from the great mass Of new fiotations.
Open to Two Interpretations.
The stock market of tho week Is
open to two Interpretations Either
the speculative community had al
lowed itself last month to become
too sanguine about the immediate
prospect for outside trade and has
been undergoing some revision Of
their calculations. or the decline has
been merely q market readjustment
due to the taking of profits accumu-
lated on last years purchases at a.
time when speculative syndicates and
other largo interests were standing
aloof. The probabilities are that both
Of these versions are true.
There was q rather general impress
sion In December that with the turn
Of the year business would immedi-
ately begin to pick up again. Instead
we have had an unexpected cut in oil
prices and predictions that the annual
inventory takings would bring to
light further weak spots in tho trade
situation and lead to an increase in
commercial mortality.
It was not to be wondered at, there
fore, that the market should have re-
fiacted some disappointment. At the
Same time there has undoubtedly been
more or less selling of stocks by
wealthy individuals who were watt
new and moro lenient revenue law
went into effect at the start Of the
year, Doubtless there was enough
diatsthNfteA IN the Decombir 70 foe
Evening star., 1922-01-07
OILS ARE CURB LEADERS.
Eirmef Tone Is Displayed in Ex-
change Trading.

WALL STREET, NEW YORK, jan
uary-7 (Special).-A frmer tone was
displayed on the curb exchange to-
day. Oil shares were tho leaders
again, Standard OIL Of Indiana was
active and stronger. International
Petroleum, Imperial Oil Of Canada,
Ryan Consolidated, -skelly Oil and
Simms Petroleum were hrmer. Cities
Service old common was erratic. The
bankers shares started slightly
higher, but ran into moderate selling
and reacted.
Dealings were small in the mis-
cellaneous issues, Libby, MoNeil &
Libby was quiet but somewhat firmer
and there were slight gains in the
Radio issues. Glen Alden held
steady. Todd Shipbuilding moved up
ward In the first half hour, but eased
later.
There was more active trading in
arm.. Wilson q Comm ~ we're
tntpoDes and 1i91Ak
Evening star., 1922-01-07
BOSTON WOOL ACTIVE.
Every Pound Offered at Federal
Auction Is Sold.

BOSTON, January There was a
large attendance and bidding was spir-
tied throughout the government wool
auction here. when the government Of
fered S.000.000 pounds. mostly of low
grade wools. Every pound offered was
sold. The woods went largely to dealers,
although some manufacturers, including
the American Woolen Company. were
buyers.
Prices showed an advance of 20 to 25
per cent on the average as compared
with the previous sale in early Decem-
ber. The strength of the sale indicates
the growing scarcity of wool available
in the country. The government has
left between ten and eleven million
pounds Of wool.
Evening star., 1922-01-07
DRY GOODS QUIET.

Trading was again quiet in gray
goods on the local market today, al
though some interest was shown in
print cloths. Some sales were report
ed in 3sh inch 81 by COS at SIX and
in 6S by 72s at rs. Commission
houses said more business was offer
ing in sheetings than in any others.
For 6.6os q price Of TX was accepted
and thirty-one-inch flve-yard goods
was offered at the same price.
Denim markets have been advanced
a half cent Q yard and sales are be-
ing made at the new pricea
Evening star., 1922-01-07
FOREIGN EXCHANGE.
! tte Associated Press.

By the Associated PresS.
NEW YORK. January 7.-Foreign
exchange irregular; Great Britain
day bills on banks. 4.16A; France, de-
mand, SOB: cables. s.031z; Italy. de-
mand, 4.s1a; cables. 4.32; Belgium,
demand, 1859: cables. 10; Germany
demand, 53A; cables, .54A; Holland.
demand, 1856; cables. 1851; Norway.
Denmark. demand, 1890; Switzerland.
demand, 1889: Spain. demand. 1870;
Greece, demand. 4.36; Argentina, de-
mand, 1897; Brazil, demand, 1915;
Montreal, 9SA.
Evening star., 1922-01-07
PENNsY ORDERS RAILS.

PHILADELPHIA. January THE
Pennsylvania Railroad Company has
placed orders for $4,000 tons of steel
rails for 1922 delivery. it is reported.
The Carnegie Steel Company received
orders for 10000 tons; Bethlehem
Steel. $4,000; Cambria Steel, $4,000,
and Lackawanna Steel. 1000. In De-
cember, 1920, the company gave or
ders for 100000 tons for 1921 deliv-
cry. The company will carry into
1922 untitled orders and rails on hand
amounting to $4,000 tons. which. with
the $4,000 tons contracted for, will
make a total of $4,000 tons for 1922