The Pittsburgh Post from Pittsburgh, Pennsylvania • Page 13

THURSDAY MORNING, THE PITTSBURGH POST march xu24. Thirteen TICKER TALK Railroad lews EUROPEAN ART IN CHAOS, SAYS SAINT GAUDENS GRAINS DECLINE' UNDERPRESSURE Bear Sentiment and Light Outside Interest Bring Drop. BIG DEALS FOR HOUSING MADE FOR BUYERS IN WILKINSBURG power house of the main terminal will be replaced by one of the most modern designs. A Y. M.

C. A. building: will be erected at Innce. In eastern Canada the company will complete the ballasting; of the main line tween Montreal and Toronto and between Montreal and Ottawa. Forty-four miles of rock ballast will be added between Toronto and Fort William and the laying of lot) miles of new 100-pound rails be Heavy Turnover in Ownership of Real Estate.

SQUIRREL HILL MOST ACTIVE The Samuel W. Black Company, represented by S. II, Ebberts, sold for the Colonial Trust Company, trustee for Jd. B. Mawhiney.

to Isaac ftrrulv six hrirk Pittsburgh Markets For Foodstuffs The flour market is reported steady to firm but not active. Demand i3 not urgent although fairly good sales are reported. It is stated that buyers recently who have taken lots of any size favored the lower priced grades and have continued lo exhibit resistance to the prices the mills persist in asking for the best brands. Discussing the flour situation an authority says: "It seems difficult to sell flour at the outside figure while there are enough mills willing to sell at attractive prices to supply the bulk of the demand and to encourage buyers to hold out for a general decline. This the leading mills declared was not likely as they are determined to sell flour only on a profitable basis and believe that nothing can be gained by doing business at a loss even though they are compelled to close down.

The trade in general is watching the situation very closely and some close students of conditions predict that if the mills will stick to their resolves they will eventually be able to lift the market to a better bais even though it is admitted that the mill capacity of the Country is much in excess of home requirements and that the outlook for export business in American flour is not encouraging. There continues some buying in the cereal products markets but distributors are not pushing manufacturers to fill orders. In the corn goods market there has been a firm feeling due to strength in the speculative and cash corn market. Jobbers are not disposed to buy freely, preferring to hold off in expectation of lower prices on bolted, granulated and white corn meals. The corn flour market is dragy at unchanged figures.

There is a fair demand for oat goods for prompt delivery while barley-goods continue in fair demand. BUTTER, EGGS AND CHEESE. Butter Cheese prints B5H8tc Imported tubs S4HSt55c Swlsn 5S30 Pa. do. 25-lb.

"blk.33'36o Ekks I Wis. do. fresh do. 5-lb. do.

current re- I N. Y. "full celpt UQ25c cream Liraberger Longhorn .28330 duplex dwellings and two frame dwell- Des Moines, according to present plans. Uigs. lot 114x132 feet, at b07-2f Center! It was announced recently that the street, Wilkinsburg.

for about S77.500. roses in the Northwest would meet In the same boroug-h. on Franklin a ve-j wit the heads of the Pis; Four, prob-nue, Samuel Wiesenthal sold to M. i ably at Chicago. Kudrav a single three-story riek 1 apartment house and one double apart- LARGE PROGRAM MAD EL ally, showed some resistance to th selling that same into that stoclc, MAKES INTERESTING READING The National City Bank of New lork has issued a pamphlet on economic conditions and Government finance that i interesting and instructive reading.

NET INCOME REPLACES A DEFICIT. 't he Krceport Texas Company report lor the year ended December 81. 192a, -net income of $770,111 after Federal taxes, depreciation, equivalent tO) $1.05 a share on 72,844 shares of nd par stock outstanding, against a deficit ot the previous year. Net profit was $1,139,435, against and th total surplus 15,236,641, against $4,46,630. GOOD SHOWING IN 19S3.

The American Bank Note Company report for the year ended December $1. 1923, shows net income of charges and Federal taxes, eiuiva- lent after deducting preferred dividends to $16.04 a share on the $50 par common stock outstanding, against $1,634,467, or $13.85 a share in the previous year. Total income was against Jl.904,104, Surplus -after dividends was $622,938, against IW.VU. he consolidated balance sheet of the company as of December 81 last, ahws cash of against $1,035,421 a year before, and accounts receivable against $2,234,119. Accounts payable were $966,725, against $1,014,873.

Total assets and liabilities were against $16,307,000 la the previous year. WOOLEN SHARES. There are those who believe the selling of Woolen shares based otktbe earnings statement may prove to have been too hasty. When publication was made of the actual figures per share shown by the report there waa a general hurry to sell, for several dollars per share more had been More sober consideration of the details of the Income account and balance sheet, however, showed an increase Of $4,000,000 in the item of "special resnsrVe" for which no explanation -was given unless it was to thai that the president. William M.

Wood, referred when hede-clared that "the management Is prepared for any eventuality." This addition to the "special reserve" brought the total to $5,500,000, which Is almost equivalent to two full years' dividends on the common stock. LOW-PRICED RAILS FAVORED. The manner in which some of the low priced rails have been favored by "buyers to the exclusion of the dividend paying issues has frequently been the subject of considerable comment in the financial district. In some quarters the theory is ad vanced that pools are' "op- -crating in a number of the non-dividend, payers which lias resulted in featuring these stocks. It is also comparatively easy to attract an outside followfng la the low-priced Issues when they give-Indications of moving forward.

Durjng the forenoon, when the high-priced shares were neglected there was -good buying in Missouri-Pacific preferred, the St. Paul issues and St. Louis Southwestern causing sharp advances la these stocks. No explanation for the action of the stocks mentioned was forthcoming. AMERICAN CIGAR REPORTS GAIN.

The report of the American igar Company for the year ended December 3L 1923, shows net earnings of $1,784.71 aiter charges and Federal taxes, julv-. alent after preferred dividends to 7.47 share on the 115,000.000 common stock outstanding, against $1,636,267. or $6.90 a share, for the previous year. The surplus after dividends was $224,712, against $61,267. The profit and loss surplus was against $9,377,173.

The consolidated balance sheet of the company as of December 31 last shows cash of .4.3.23. against $2,382,755 a year bfcfpre. and bills and accounts receivable By CHARLES 1. MICHAELS. CHICAGO.

March 5. Bearish sentiment prevailed in the grain markets, the light outside interest being the main intiuoMce. and while there was stab- born resistance to pressure, tho close was '4 to He lower on wheat, to on corn, Vi to on oats, and 'sc lower on rye. There was a fair run of buying orders in whefit early, which carried September up to $1.13, a new high on the present movement. The upturn, however, brought in selling orders, and a reaction of to Tsc from the top followed.

Bulk of the trade was of a local character, and the market was easily influenced. While many of the local element are inclined to the bear side they are afraid to sell freely on the dips on account of prospects of a crop scare east of the Mississippi river, and developments at Washington. President Coolidge is ex pected lo announce an increase in the import duty within a few days. May closed at $1.11. July at $1.114 and Sep tember at iLle.

Some improvement is noted in the demand for cash wheat at Minneapolis, vtiiere the basis has advanced lc. as compared with May so far this week. Durum at Duluth was strong and T'SC higher ith May closing at or 2Vc over Chicago, while a short time ago it was at a big discount. Liverpool finished unchanged to H-d higher and cables from abroad showed a stronger undertone. Local bears were the best sellers of com, but as has been the case for some days past commission house support developed on the break.

May finished at 81S.O, July at to 81c, and September at 817c. Basis on spot was unchanged to Vic better as compared with May. Country Movement Light. of 235 cars reflected the smaller loadings in the country due to bad roads. Sales of 100.000 bushels were made to go to store.

Advices from Iowa, points indicated little grain mor-ing in the interior. A local professional was a good seller of May around Me. Movement of oats to terminal markets is somewhat too large at present to be readily absorbed. Chicago had 144 cars and St. Louis reported an increase in consignments with a slow southern call.

Futures were easier in sympathy with corn. Seeding in the Southwest is making moderate progress where the soil is not too wet. Northwestern buying of rye was absent, but there were sales of lOO.OiO bushels reported at the seaboard, and the undertone was not weak. Sales of 50.000 bushels were made to to store here. I I ICloxe Wheat-May July September Corn May July September Oats-May I I $1 12 12', St UUiJl 11 1 "Hi i2! i n'ii i i 1 13 I 1 13 1 12'i 1 US! 1 1-S 82 82Vh! I 4SSi si5: "i.t siVi S2 i ctl Sli l'7i I i I 4Si 4R'J, 8sii 4S I SI I ti 43 1 I 711 71 Vi 72 '73 i "3Hi 73S: 'SK I I I oo jii 30 ill 22 jll 22 111 50 EXCHANGE PRESIDENT EI.ECTEO.

Milbourne F. iddhton, was reelected president of tii- Philadelphia stock exchange at the annual election. EMPLOYES HIY STOCK. A total of shares of Pennsylvania Railroad stock has been purchased by the Mutual Benefit Association of employes of the company. HAVANA TOBACCO HAS LOSS.

The Havana Tobacco Company reports for the year ended December 31, 1M3, income of and operating expenses of leaving net loss of The prolit and loss deficit was The balance sheet as of December 21 last shows cash of $88,602 and bills and accounts payable amounted to Total assets and liabilities stood at BEACII-XIT'S EARNING $1.10 A SHARE. Beech-Nut Packing Company's net earnings of $5.10 a share on 375,000 shares of common ($20 par) outstanding showed a slight improvement over the previous year's $7.43 a share on only 250,000 shares. The total before dividends were $2,013,695. and $1,937,40, respectively. The outstanding stock was increased by a 50 stock dividend paid in December.

CACTIOX IX COAL TRADE. Caution prevails throughout the coal trade-. Producers, dealers and consumers seem to be playing a waiting game the objective not being clearly evident. The Government report of reserve stocks having revealed a goodly total sufficient for more than immediate needs in most quarters and the Jacksonville agreement having given an assurance of peace In the central competitive field for three years, the incentive to buy has been removed for the most consumers. BOOKLET ON JAP BONDS.

The Union Trust Company of Pitts burgh has issued an interesting book let on the Imperial Japanese government loan of $150,000,000 30-year sinking fund per cent gold bonds that are being soid to yield about 7 per cent. Liberal sinking fund provisions are outlined. As a result of the financing of the Japanese loan in the United States large orders for materials for the re construction of cities, railroads and public works are expected in Pltta burgh. RAItDWAItE ORDERS INCREASE. "Hardware in its weekly sum mary, will say: "Buyers are showinj stronger interest in most of th principal wholesale markets.

Prices continue upward in tendency, although the actual number of changes is small. As the dj-mand for buhders' hardware and too.s ncreases, the possibilitiy of price advances in these lines is considered imminent. Orders for spring goods are reported to be large and Jobbers generally anticipate a strong spring market. Cot-lections throughout the country are said to be fair. Deliveries between manufacturers and jobbers are Improving." PEXXSY TO SELL EQ CIPMENT.

The Pennsylvania Railroad will sell an issue of equipment notes amounting to about $20,000,000 in the near future, it is understood. The company Is placing large orders for equipment and it is estimated that this year's purchases will amount to approximately JiO.OuO.OOO. Bankers usually associated with financing by the Pennsylvania Railroad admitted that probably the. road would sell approximately $40,000,00" of new securities before the end of 1924, but said that no negotiations have yet been opened for the initial issues. NICE NET INCOME FOR CANNERS.

Net income of New York Canners, for the year ended December 31, 1923 was after interest, depreciation. Federal taxes, etc. Gross sales amounted to ll.S35.2o6 and expenses were Total income was 4S and the surplus after dividends $322,829. The consolidated balance sheet as of December 31 last shows cash of and accounts and notes receivable of Notes payable were $1,976,500 and accounts payable Total assets and labilities amounted to S11.9P9.S43 BALANCE FOR AMERICAN SI GAR. The report of the American Sugar Refining Company is due to be made public within a week or so and according to the street is expected to show a small balance earned for the common stock.

However, the outlook for the company for the current year is much improved and interests who had been the leaders on the bear side several years ago are now talking more optimistically regarding the stock market-wise. There has been no effort to rush up the price of the shares, but In some quarters it is insisted that there have been signs of quiet accumulation of the stock for several weeks, which, if true, should eventually show itself in the price for the issue. RECENT DIVIDENDS. Dividends: Reo Motor, regular quarterly 1V2 and extra 1 per cent, both payable April 1 to record March 15; Home-stake Mining, regular monthly 50 cents, payable March 23; Manhattan Electric Supply, usual quarterly $1 on common, payable April Public Service of New Jersey regular quarterly $1 on common, 2 per cent on 8 per cent preferred and 1 per cent on 7 per cent preferred, all payable March 31; P. Ixirillard usual quarterly 3 per cent on common and I1 per cent on preferred, payable April 1 to record March 15; Lehigh Valley railroad, regular quarterly 1 per cent on common and 2 per cent on preferred, both payable April 1 to record March 15; Chandler Motor, usual quarterly $1.50, payable Aprii 1 to record March 20; AVestern Electric, regular quarterly, $2.50 on common, payable March 31 to stock of record March 29, also regular quarterly lii per cent on Preferred, payable March 31 to stock of record March 14.

WESTINGHOCSE STOCK DIVIDEND. The street had been expecting a new issue of common stock by Westing-house, but was taken somewhat by surprise when the announcement was stated that stock dividends of 10 per cent had been declared on the common stock. Westinghouse had been under pressure ever since it first became known that a new issue was planned, and short covering was urgent immediately following the official announcement ot the stock dividend, that stock advancing more than three points within a few minutes. The new stock issue is not considered a bear. Arrangements by insiders who have been pointing out that additional capital was absolutely necessary for the company because of the big demands for Its products as a result of the radio developments and other factors.

The street however, is in tho. mood as viewing the action as increasing the possible floating supply. I LEATHER SELLING DISCOTIIAGIXO. Heavy selling came into the Central Leather issues almost from the begin ning ot ousiness and had a tendency to discourage bullish operations In the leading issues for a time. The Central jeatner stocks have been vulnerable ror some time and have apparently be come popular targets for the profes sional bears, whose selling has uncov ered stop loss orders.

While position of the company is not all that could be iit-siitru ii is mainiainea in some quarters that everything has now been marked down to a point where the organization would realize the benefits of an' improvement that may come In the! future. Some of the selling in the stocks had the appearance of being! forced liquidation at times, resulting! from the previous declines in the! shares. American Hide and Leather prefetTed, while affected sympathetic-' all of i a $4,170,067. against $4,211,639. Accounts, and T.

A T. a. meeting. 'I Tiausporlution As-! sedation will hold a ri'Uulnr meeting ni.cht in the clubhouse. Third "avenue ami street.

S. F. Krwinoii. conomist. will speak on the subject "The Soventy-iive Cent Dollar lot Industry" A buffet luncheon will be I ami f.n're will be music by Miss i Clara iiuhn.

soprano: Hoy Slrayer, tenor. and William A. RyjiT, accom panist. HI SAIIi: FOR ECONOMY. 'for better living, better business ami a better government, we commend the crusade tor economy." says a bulletin of the Buffalo.

Rochester Pittsburgh. This r-iitread notes th.it it paid lor taxes in 1H22 $376 015. an amount SO per cent ImhiT the taxes in 1'12. WAGE CONFERENCE. The railroads, operating in the southwestern section of Hit country have made plans to meet the heads of the four train service brotherhoods as a group lo discuss waps in the near future.

The meeting will take place at Tiie Canadian Pacific has laid out a large program for extension and betterment this year. Additional yard trackage will be constructed between Fort William, and Port Arthur to provide for the new terminal elevators at the head of the lakes. Considerable extensions will also be made to the terminal tracts at Jgnace. Kenora. Outlook and Wynyard.

At AVineiipeg the avenue. Fourth "ward, for about In the same ward, at 356 Craft avenue, Sophie Nayianson sold to the Congregation Ahave Zedex, 31x100 feet, with house, for $11,000: Philip Braun sold to Jane A. Oordon a three-story brick house lot 35x101 feet, on "Dith-ridgs street, for $14,500. Company Buys Building. D.

McXaujrher has sold to the "West Penn Leather and Supply Company, 20xS6 feet, improved with a three-story trick business building, at 614 Wjrtie avenue. Third ward, for fCO.oOO. New Meeting Place'. Beginning next Wednesday, the real estate board will hold its weekly luncheon meetim-'s in the Arcencus club-rooms, SmithtTield street and Third avenue. Yesterday's luncheon, the final one at the Hotel Chatham, was addressed by E.

K. Morse, transit engineer, on the congestion problems down town. TWO INJURED WHEN STRUCK BY TAXICAB When they were run down by a taxi-cab driven by Charles McKim, 23 years old. of SO McClure avenue, yesterday afternoon at Barker way and Liberty avenue, Clara Lesske, 60 years old, of 6.S05 Kelly street, and Nicholas Venditte, 35 years old, of the same address, both teceived bruises of the body and leg3. They were taken to the Allegheny Hospital in the taxicab, where it was stated their condition was not serious, McKirn was arrested and later lodged in the Northside police station charged with reckless driving.

Charged with voluntary manslaughter in connection with the death of Joseph G. Biermeyer of Sharpsburg. Frank Bock of Phineas street was placed on trial in criminal court yesterday. Bock was the driver of a machine which overturned near the Evergreen road May 13, 1323, while Biermeyer and his wife, Mrs. Mary Biermeyer, were passengers.

Mrs. Biermeyer charges that Bock was under the influence of liquor at the time that the accident occurred. Bock denied the charge and stated that the accident was not due to any fault on his part. The trtal will be resumed today. Un (Breater COXTAGIOL'S DISEASES The report of the department of health on contajfious diseases for the 21 hours ending at noon yesterday follows: Scarlet fever 4, diphtheria 3, measles 2.

whoopins cough 13, chicken pox 13, mumps 22, erysipelas 1. pneumonia 9. FIXED FOR STORE THEFTS Accused of stealing several small articles fron a Market street store, Joe Pohlod, of Baker street, was fined in the Northside police station yesterday. STOLE WEDDIAG It CHARGED Charles Kinney, of the Savoy Hotel, Northside, was fined $0 yesterday in th West End police station following his arrest charged with stealing a $V5 wedding ring from Mrs. Marie Slater, of Crucible street.

FALL DOWX STEPS CAl SES DEATH Frank Junkel of Youngs-town, died in the Passavant Hotel yesterday from injuries suffered Feb ruary 26 when he fell down a flight of steps leading to the subway beneath Bigelow boulevard at Washington place. FIXED FOR 1IITTIXG WOMA.V Joseph Stanton, 46 years old. of Western avenue, was fined $25 in morals court yesterday morning following his arrest charged with strik ng his landlady in the face after he had been evicted from her house. AGED WOMAX KILLS SELF Mrs. Elizabeth .1.

Smith. 66 years old, of Liberty avenue, was found dead in the home of her son, hav ing attached a hose to the gas jet and jlaccd one end in her mouth. MAX SHOT; HELD II POLICE Michael Fusko of Philadelphia walked into the Braddock Hospital Tuesday night suffering from gunshot wounds in his right arm. He was Weld by Braddock police after his injuries had been dressed. He claimed he was shot by an unidentified person.

GAS POISOXIXG PROVES FATAL William H. Whiteletter, 47 years old. Of 37 Seventh avenue, died in the Al-leg-heny General Hospital last night from gas poisoning. IIi was found unconscious In his room last Tuesday and removed to the hospital. According- to Information received by Deputy Coroner William l-eiix, wniteletter had been out of work and, going to bis room, he turned on the gas without lighting it.

TWO IIK Ot' nKlllOMt-Tw victims of lobar pneumonia were re- v. a office vetr- day. irie uuu i printer of Fifth avenue, was found in an uiinamrd alley running off Wylie avenue, and the body of I-nard Teak of 233S "W'ylin avenue was found in his room. Carnegie Institute Director Returns from Four Months' Survey. CONDITIONS BLAMED.

Sl'KCIAI. TO THE PITTSBCKGII POST. NEW VORK, March 5. "If all European nations were in a. similar economic condition, it would be easy to determine which were fundamentally the most artistic." said Homer Saint-Gaudonrt, director of fine arts of Cur-neyie Institute.

I'itsburgh, who rv turned today on board the Berengarla from Europe where he lias, spent the last four months in the interest of the twenty-third Carnegie international exhibition hich will open in I'itsburgh tne latter part of April. "Owing to the day turmoil in the social and economic world, the situaiton has become temporarily unbalanced, said Saint-Gaudens. Mr. Saint-Gaudens further stated in regards to modern art: "The public has learned that while it may not like the new art. it is extremely dissatisfied with the old.

Consequently, the public has begun to exercise Its own individuality in such matters; and the future importance of art depends almost as vitally on the individuality of the public as it does upon the individuality of the artist. "The international at Pittsburgh this year will show for the first time European paintings greatly in preponderance. "England and France will show about 10 pictures each; Spain. Italy, Sweden and Belgium, between 15 and 25 each; Holland, Czechoslovakia, Poland and Russia, some 10 to 13 apiece. "Four prizes are awarded by a jury chosen from the artists themselves.

compete for these prizes only pictures painted within the last five years and entered for prizes by the painters themselves are eligible. "The jury of award is composed, as last year, of two American artists, on Englishman, and one Frenchman." From England comes J. Munnings, a brilliant painter of the out-of-doors, particularly of the hunting field, and one of the most Important of the younger men on whom that country must rely for its future. The delegate from France, Albert Besnard, is the head of the Ecole des Beaux Arts, a man of great talent as a painter, and of classical learning and training." "These two men will form the jury with the Americans, Emil Carlsen, a painter of the older school, delightful in his conservative, poetic attitude toward life, and Rockwell Kent, a sincere and sympathetic paiiAer of the younger and more, radical COURT NEWS Criminal Court. Convicted of shooting his wife with intent to kill.

Joe Taclftich of Cover-dale was sentenced to serve not less than two nor more than four years in the workhouse yesterday. Robert Hill, a Negro of the Hill district, was acquitted of a charge of robbing a store in Fullerton street January 16. James Washington of Webster avenue and Samuel A. Hill of Bedford avenue. Negroes, charged with the robbery of the A.

P. Company store on Hamilton avenue. January 13. were placed on trial yesterday. The case will be resumed today.

Charles Williams, a Negro of Norfolk. was sentenced to serve three months in the workhouse after pleading guilty to stabbing Virginia Harris, a Negress of Crawford street, December IS, 1)23. Joseph Zinzick of North Bessemer was convicted of highway robbery and will be sentenced later. Today's Trial List. The following are defendants listed in cases for trial in criminal court today: Adluria Jackson, John Travis, Mike Kopey, Andrew Dudas, Mike Hruby, Lizzie Kopey.

R. H. Kightlin-ger. Clara liyle. Rose DeVtlpe, James Moody, Nathan Davis, Charles C.

K. .1. Saoud. Adolph Lucke, Loize Lucke, John Duges. Edward Worthy, T.

F. Lynch. C. Walter Schmidt. Myral Parker, Tony Delaini, Sheppard Allen, P.

1. Jordan, John Lee Gill. Divorce Proceedings. Margaret Jones was recommended a divorce from Louis O. Jones, and Magdalen Ehrmtiritraut was recommended a divorce from Hajry Ehrmen-traut Th following libels in divorce were filed' Lukas Joos against Annla Joos, Mae H.

I iper sgain.n Robert If. Piper, Mary A. Miller against William L. Miller, Hilda Davis McCartney against Thomas 15. McCartney and Thomas W.

Tutney against Alma K. Tunney. Masters were appointed in the following cases: Ceha Blake airainst William F. Blake and Marie', S. Higgins against Harrv W.

Higins. Court Notes. The hulk of the estate of Sarah Davis, estimated to be worth $15,000, according to the provisions of her will, which was admitted probate yesterday by Register of Wi'lla Joseph N. Mackrell, was ieft to her two grandsons, Charles K. Davis and Albert B.

Davis. According to the provisions of the will of Catherine Jacob Yost, her estate, worth $10,900, is to be distributed between her three daughters. Margaret E. Neely, of Coraopclis, left an estate worth $8,000, which her husband, George S. Neely.

is to have during his lifetime and at deatn it to go to their daughters. A. E. Hummell. of Hellevue, in his will left an estate worth $4,000 t-j his sisters, Emma E.

Hummell and Bertha L. Hummel. Marcus Bluustein left an estate worth $10,500 and stipulated in his will that property located in Cano-isburg be held in trust for his grandchildren. He further directed that lus sister, Sabiiia Blaustein, is to receive $20 a month during her lifetime and at her death the- remainder is to gc to his children. MORE U.

S. CARDINALS LIKELY NEW YORK, March 5. (United News) A rumor that Archbishop Hayes of New York and Archbishop Mundelien of Chicago are to be made cardinals at the Lenten consistory has been strengthened by the news that they will sail for Rome Saturday. According to the rumor they will be given the red hat and consecrated on March 26. Archbishop Hayes could not be reached today for confirmation or denial of the report WITNESSES HELD IN THEFT An investigation into the robbing of the distillery of A.

Guckenheimer and Brothers Company, Frecport, early yesterday morning, resulted in two men being held I'ist night in the Center avenue police station. The men. who wrere arrested in their are Andrew Lesnyansky of California avenue, and his son, John Lesnyansky of Superior avenue. tween the latter two points is contem- plated. SEW MAIX LINE.

The Central of Georgia proposes to reconstruct lw miles of its main line between Pelika and Steretts, Ala. For a distance of 47 miles between these two points 'in entirely new line will be built, while Jor the remainder of the Jisfince a change of grade will te necessary at several points. The net result of this epediture will be to shorten the road four miles and increase the ability of the road lo carry freight. CARRIERS Bl'V MICH STEEU Railroad buying is responsible for per c-ent of the present steel iurchasea the "Railway Ast" bulletins. 1)1 TIES KM.AltfiED.

Charles L. Howard, secretary of the Western Kail road Association, has been appointed assistant tc the general counsel in addition. EW POSITION CREATED. G. A.

Fischer has been appointed general agent of the Monon railroad at New Orleans, a newly created position. C. II. Morrie has been promoted to the post of engineer of design of the Illinois Central Chicago Terminal improvements. This is a new position.

NEWS OF RIVERS Won! was received yesterday from Captain Walter C. Sansom. who, with his wife, are passengers aboard the steamer City of Cincinnati, at New Orleans, that the steamer will leave that port Tuesday midnight for Cincinnati, lie stated that "the boat ran so smooth that one would have to step, on the guards to see if the steamer was running, and there ia no vibration." He also said that Donald Wright, owner and publisher of the "Waterways Journal" of St. Louis, who was a passenger, won an automobile a3 a dancing prize. The boat ia heated throughout with steam, radiators being 'in every state room, also hot and cold running water.

Some of the rooms are equipped with shower baths and toilets. The boat received a reception all along the route and Captain Thomas Dunbar, the designer and builder, was complimented. Charles R. Taylor, lockmaster of Lock No. 4.

Monongahela river, died yesterday morning in the West Penn Hos-nital. He was born in Elizabeth 4 years ago and was appointed lockman at Lock No. 3 in 1902; later being ap- pointed assistant lockmaster at Lock No. 4 in March, 1910. He was promoted to lockmaster at Lock No.

4 June 15, vice James A. Sweeney, retired. He leaves his widow and two children. The Vnited States steamer T- P. Roberts is standing at the rrfouth of the Beaver river to take charge of the hull which was constructed by the Penn Bridge Company for the local Federal engineers, as it is expected that the high water at that ipoint would float the hull from the ways.

The hull is 100 feet long 32 wide wide and eight feet deep. It was constructed for the new dredge Tennessee. i The Keystone Sand and Supply Com pany is expecting to have its No. 4i dummy sand digger, which underwent general repairs at Elizabeth in the water this week. The boat received new spud framfcs and was painted.

The company expects to begin construction on its new dummer sand digger withm the near future. This boat will be somewhat larger than the present No. 4 digger. The Charles Ward Engineering Company of Charleston was low bidder for the construction of a steel hull for a maneuvtr boat for the Huntington Federal district. The Federal engineers' district of Florence.

awarded th-; contract for the construction of tight steel barges to the American Bridge Company. These barges will be 120 feet long. SO feet wide and seven feet ueep. Pittsburgh pilots are objecting to an obstruction in the Ohio river which is considered dangerous to navigation. This obstruction is located on the right bank of the Ohio river, known as the old Risher landing, also known as the The outside abutment, about 100 feet from shore, at stage has only two feet of water on top; the second abutment at pool stage is showing above water, while the land abutment is several feet above the water line.

It was stated that it is very dangerous at n.ght is no lights are displayed and only recently a gasoline towboat ran half way up the second pie-at night. Marine Kngineer Thomas Walker of the steamer Collier resigned and George Crowley if Louisville shipped hi his place; Major Wright of the steamer Crucible is taking a rest for "several days and Lou Ainsworts is standing watch until his return. The boat is laid up at the Rees boatyards where a new wrist pin is being installed. Word was received from Jefferson-ville, yesterday that the Howard shipyards has the hull of the new steamer for the American Steel and Wire Company almost completed. The steamer Old Reliable lert Pitt.3-burglt yesterday for Toronto with a barge containing 2,000 barrels of cement for Toronto.

The steamer Atha left yesterday with nine barges of coal. The public hearing in regard to the construction of a bridge across the Ohio river will be held in Steubenville this morning. Colonel C. W. Kutz.

of Cincinnati, division engineer, will be in charge. Major E. L. Daley, Pittsburgh district engineer, will attend. He will start on an inspection trip Friday up the Ohio river beginning at Lock No.

11 and ending at Lock No. 5. It was reported yesterday that ice in the Allegheny river was moving as far up as Warren. The advance guard passed Pittsburgh at noon yesterday. A stage of 13 feet is expected in Pittsburgh this morning.

The following stages were reported last night: Lock No. 2. Ohio river, 7.7 feet and rising; Frecport, 10 feet and rising. The steamer Aliquippa of the Vesta Coal Company passed Cincinnati yesterday on her way to Pittsburgh with a t.w of 16 empty barges. The boat is expected to arrive in Pittsburgh March 12.

The Pittsburgh Coal Company jg Cleaning up the obstructions in the Monongahela river near Elizabeth, caused by the sinking of a number of old scows and barges that were sunk recently during the high water. Captain W. C. McCullough. sirperintendent ot locks and dams in the Allegheny and was a visitor in the Vnited Mates boatyard yesterday inspecting i equipment for the Ohio river.

I THR BLANKKT STIFF. A thrilling short Htory by Albert Payson Tfrhurn In The MnR. jssins In uen iMin'iay' Fost. Advertisement. nuu.e ui ine same type.

101 feet, for $50,000. In the same borough, on South avenue, Harry S. Xeff sold to F. S. Kettering.

2Sxl23 feet, with for 114,000. In Crafton. on Creighton avenue. R. W.

Burnham sold to Lyman E. Davis, GOxlll feet, with brick house, for In Knoxville. on Alice street. Esther M. Jferrly bouyht from G.

W. Herrlott, 63x119 feet, with house, fcr $12,500. In Duquesne. on First street. First ard.

C. W. Zeigler, sold to Martin J. Beamon, 50x120 feet, with building-, for JtlO.OOu. In Swissvale.

on Schcyner avenue. M. J. MaJoney sold to Minnie F. Long.

3(fsl40 feet. with. house, for $10,000. In Versailles township, on Pennsylvania avenue. J.

B. Lemon sold to 1 Samuel Beck, 31x116 feet, with building, for Business Space Leased. Leo J. and Thomas F. Coyle leased for the estate of James J.

Flannery two store-rooms in the Iroquois Forbes street, comer of At wood street, for a term of 15 years, to Reymer Brothers Company. After extensive alterations the new tenant will take possession September The Monarch F.lectrie Company has leaded the store at 411 "Wood street. 34x-12ft feet, the space being part of the former Peoples Bank Building now fwned by S. W. Straus Co.

The Cuthbert Bros. Co. have started to re-mdel the space to meet the requirements of the tenant. Squirrel Hill Buying. Mary E.

Wcrthingtou ha purchased from William W. Ver-sei, l(x75 feet with residence, on Forbes street, Four-enth ward, for This property-adjoins Mrs. Worthington's home, ownership of it increasing her frontage on Forbes street to 250 feet. Other deals in the same ward included the following: Samuel German and Israel Rothman to Ida Cohen, 96xl2i feet, with five houses, 1411-13 Severn street, $47,000: G. P.

Goldman to Annie Ohotiner, 44x15- feet, with duplex, XOl-2 Betler street, for $22,000. Richey-Bern-tiart being- the broker; Harry Fuchs to John C. Hood, 45x12 feet, with brick house. Lancaster avenue, J12.000. White Lawler being- the broker; Max WTag-rer and S- Benjamin to H.

J. Shapiro. 4xl34 feet, with duplex and parage. EC35-ST "Woodmont street. John A.

Tillert to F. T. Quir.n. 2Lxl7l. house, Morrowfield avenue, K.

S. Bur-ley to Hazel E. Roddick, 45x100. housing-, Malvern street, Alice C. Kaufmann to Xithan Belie.

SbxllS. Ho-bart street. Building Homes Company to Harold A Lomax and J. E. Hetherinston.

9txl25 feet, two houses. J35.S0O; Mary L. Jackson to Robert A. McCrady. housing.

Juniata place. Jackson Street Sales. In the Eleventh ward. Herman Roath pc-ld to O. F.

Quartullo, 4xl3C feet, with brick housing, at 633 Jii.ckson street for William F. Poppe sold to Harry Silverman. 22x118 feet, with house, on the Eam street for $14,500. At SitfO Hays street. sajne ward, George Wolk sold to Dora Rosenthal, Wxljl feet, with brick house, for At 1012 Portland street, Ada Q.

Sheffield sold to E. V. D. Johnston, feet, with house, for $13,250. Buys Four Buildings.

At 531-37 Larimer avenue, F. E. Mc-Gilhck sold to E. B.aler four three-siory brick buildings for $36,000. The X-roperty is in the Twelfth ward.

Seek Building Permits. Permit applications filed with the city bureau of building inspection yesterday included the following: Third Ward E. Camenyunn. extension at 216 Vine street, to cost Fifth "Ward Joseph L. Bash, two frame house, at 27-83 Reuben street, to cost G.

F. Peter, duplex, at 601 Shawnee street, to cost Eighth Ward J. W. Hubbard, office building, at 5142-t Liberty avenue, to eoBt $30,000. Tenth Ward M.

Wortman. four houses, at CS2-30 Standish street, to cost 'Twelfth Waru-S. W. Means, duplex ind garage, at S726-2S McPherscn boulevard, to cost $20,000. Thirteenth Warder.

D. Harbough, repairs, at 521-2T Homewood avenue, to cost 51.0CO. Nineteenth. Ward Elliott Frederick, house, at U3o Wcodboume avenue, to cost G. J.

Mooney, house, at 1101 Bellaire avenue, to cost fj.OiJO. Twenty-first Ward J. Pusateri, stores jird houses, at 1720 Adams street, to st $8,000. Twenty-sixth Ward L. C.

Stuck house, at 40 Marshall avenue, to cost Twenty-seventh Ward Joseph L. Rash, two houses, at 3321-23 Gass avenue, to cost TJ. Deraaro, house, 3920 Mullen street, to cost $5,000. Twenty-eighth Ward Theodore Bonn, raiSng house, on Obey avenue, to cost Buyer Will Kemodel. EuKene S.

Reilly by L. M. Monteverde. sales manager, sold for t-ouis Romano and others, to J. II.

Tou-Tt, president of the Toupet Building Cv.mpary, the property located at 6808 Kllaworth, for $18,000. Toupet fjur chased to increase his present holdings and will remodel the property for "tore rooms and apartments. The property waa sold last year by the same usrency to i-Mr. Romano. Hattie B.

Haynes sold to F. S. Ii-Chance, 37x133 feet, with "house, at 228 Rebecca slreet. Eighth ward, for Fourth Ward Investing. In th Fourth ward.

Richey-Barti-hart sold for Louis Ulanovsvky to Bepsie "Barton th Elstnor apartments, a four-rtory brick and stone "building, on Craft POILTRY LITE Hans, large Ducks do. small 3eene Roosters 1415c rurkeys Springers 27S28cj ..30 35c POILTRY DRESSED. Hen, large full Ducks dresned SS'540c do. L. Island.

333350 do. h'gd 3233c EVuiabs small fry. Broilers, Turkeys, PEAS AND BEA9TS. Beans Peas fancy navy.SVsgSicI Marrowfat, CaJ. 84 Sac bags 8S9o Lima green, I yellow.

spUt.l04jlO!4c VEGETABLES. Asparagus Potatoes- do. hothouse, do. 100 lbs. box .110.000:2 OOj do.

Beans do. Pa $2. COS 2. 75 do. do.

Cabbage do. sweet do. Danish. J. 253 50 ton H0.0n9&M do.

Oa $2.502.75 do. bbl H.WHj3.00( do. do. Roots hamper. Beets, new, do.

leiai. bu Jl. J6l. SS ton Carrots-Celery nevr. Texas.

do. Florida. bu 12.23:. 50 crate Tarsnlps Cucumbers bushel do. Boston.

Cauliflower h. h. 0015.00! crate Lettuce (Rhubarb, bcb.Mcg JL.10 do. 3-lb liutabapa. do.

10-lb ton basket 75W90r do. )bl 12.50a 3.00 do. Turnips, Pep rs. 2i Spinach. Onions bushel I1.50S1.73 sack Tomatoes, do.

70 do. Fla do. fancy $7 0n7.30 Mushrooms do. $6. 00a 8.

50 basket $1.5031.751 Kale, bbl. FRUITS. A ppie I Lemons $1. 13 1. S0 California $3 504.

75 1, bushel do. No. barrel do. Cal $3.0094.25 do. box do.

Fla 3.0uo3.75 Bananas $3.0083.251 Strawberries-Cranberries. fancy, quart. box $3.5094 00! cio. poor, Grape fruit Tangerine Pineapples, box $4.5035.25 Cuba 7336.00) Grapes I Almeria GROCERIES. Sunar, cwt.

I Canned (roods-do. cubes r0.75 Pineapples do. $10.15 Spinach do. granulated. $9.

75 Tomatoes do. yellow $3.45 do. 2s $1.2531.7:, Roasted coffee do 3a $1.7532.60 Mocha, lb 4ic Spring wheat, Peaberry 32c paper sks. Vis.J8.10 Melxcan 3Sc Winter $6.90 Fancy Santos. Rye $6.50 Java 42c Rice, choice Canned goods Sardines Corn, $1.1501.501 Imported Beans.

California. J1.60J2.00 Pumpkins Maine $1.2032.60 fSalmon $1.257.50 'Corned beef jTuna fish FISH. Codfish, $0.00, cartons $2 JO $2,001 Marinees n.Si I Bloaters, box $3.25 Russian Sardines, pail 85c Mackerel-No. 2 shore, tub No.2 shore, pail Herring Lake. '4 do.

23-lb. pail. PROVISIONS. Rams Lard large 18c medium 18e small 18o skinned 21c Bacon clear, 6-8-lb. ave.l9cj do.

8-10-lb. tierces 14o prints 17c tTewsed beef cuts Rlbbs No. 1 25c do. No. 2 21c Loins, No.

1 27c do. No. 2 22c Dry salt meats Rounds. No. 1 17c bellies, clear.

do. No. 2 16c h'vy, 20-2j Chuck, No. 1 14c Dry S. S.

meats- do. No 2... riates. No. 1.

do No. 2.... 6c bellies. 20-25 lbs.v 12'ic NITS. Almonds Peanut Brazil nuts 20321c roasted, lb l317o Cocoanuts, box.

do. raw Filberts lS19c Walnuts. 30335c Pecans 2'823cl do. black, IShellbark. lb 435c GRAIN AND II AY.

Hay (continued) 86SS8cj No. 1 mixed Corn-No. 2 y. e. No.

2 mix. No. 2 y. s. No.

3 y. e. ear.Sl-SSw?; clover 125.50327.00 9132cj Straw S9390CI Rye Oats Oats No. 2 white. Wheat $10.003 16.50 No 3 whits.

feed Hay Stand, mid. $33.50334. 30 No. 1 tim. Klour No.

2 Red Dog Standard. $26.00 26.50 flour No 1 light mixed Spring heat-clover 3 26.30 bran $32.50 3 33.50 No. 1 clov. STEEL PRICES. NEW Y'OHK, March -Steel un- Court Orders Negro Minister to Stop Disposing of Funds A preliminary injunction preventing C.

C. Frederick, pastor and elder of the Church of God in Christ, a Negro congregation, from disposing of the church funds was continued by Judge Josiah Cohen in common pleas court yesterday following a hearing in equity proceedings filed by Gayle Scott. William T. Fleming and J. H.

Stevenson, deacons. A final hearing will be held next month. Scott alleged that the pastor had never rendered an accounting of the money turned over to him. and that he alone has been signing checks. Frederick promised to make a financial statement one time, but instead of appearing he went to Philadelphia, it was alleged.

July I September Kye I May July I 73'ii Lard March Mav Ribs- ill 00 11 27 It I I May i i Juiy 07 07 ill) 05 10 0G 9 77 10 07 CHICAGO CA1I PRICES. Wheat Miscellaneous o. 3 red. 1CU31 lllKo. 3 rye 70c No.

2 hd.U iSVi! Barley 73Kc Corn- rimothyseed fi 0ttr 25 No. 2 mixed 774c! Cloverseed Jib txjta- No. 3 yellow.78379Vc:Lard $11 00 Oats I Hihs J9 62 No. 2 whlte.4S!i?4S:iiei Bellies $10 12 No. 3 white.

Negro Found Guilty Of First Degree Murder by Jury Warren Scott, a Negro of Franklin way, trid for the murder of his common-law wife, Frances Scott was convicted of first degree murder yesterday morning after the Jury had returned a sealed verdict. The jury went out at 3 o'clock Tuesday afternoon and the verdict was reached an hour later. THEATER MEMORANDA "The Old Soak" was called better than "Lightin' in Chicago. With Tim Wise this laugh piece will come to the Alvin next week. It is by Don Marouis.

Ina Claire in 'Grounds for Divorce" at the Pitt next week is cast as a wife, loving her husband, whose clients tako up more of hi time than she is willing to concede. Bruce Mcltae and Reeves Smith are in the cast. The Dillingham musical production in the Nixon next week will be "One Kiss," Claire Rummer's adaptation from a Paris success with the music which pleased Europe. The company contains Louise Groody. Oscar Shaw.

John E. Hazzard. Ada Lewis. John Price Jones, Daigmar Oakland and others. Duel de Kerekpjarto, a young Hungarian violinist, is making his second tour in Keith vaudeville and is to appear in the Davis next week.

It has been years since "The Trail of the Inesome Pine" has been presented in Pittsburgh. Its production next week by the Lyceum stock convpany will enlist the services of the jopular players. Prince Rosuccl. aeeordeon player, appears in "Sliding" Billy Watson's show-next week in the Gayety. Rin-Tin-Tin.

the police dog. in "Where tlitj North Begins." this week's picture at the East End Theater, has won many championships. Laurette Taylor is pictured in "Happiness" at the Aldine next week. RIVER TELEGRAMS. CINCINNATI.

March 5. The stage of the river at Cincinnati at p. m. was 23 feet 3 inches. Departures John W.

Hubbard for Louisville. MARIETTA, River 11 feet 6 inches. LOUISVILLE, Ky River 9 feet. WHEELING. W.

Va. River 9.2 feet and rising. Clear. POINT PLEASANT. W.

Va. River 14.1 feet and rising. Cloudy. Dam 26, lower channel gauge. 15.7 feet and rising.

W. C. Kelly, from Charleston to Memphis; Red Wing, from Pittsburgh to Cairo. MORG ANTOWN. Va River 9 feet and stationary.

Cloudy. OIL CITY, Pa. River 2 feet 5 inches and rising. Cloudy. GALLIPOL1S.

O. River 16 fet and rising. Cloudy. Down Kelly for Nashville. HUNTINGTON.

W. Va. River 15 feet and rising. Cloudy. PORTSMOUTH.

O. River 17.5 feet rising. Cloudy. WARREN. Fa.

River 2 feet. Cloudy. PARKEHSBl'RG. W. Va River 14 8 feet and rising.

Cloudy. 147.954. Total assets and liabilities amounted to $32,270,865, against $44,210,683 at the end of the previous year. BUYING OF OILS. Optimistic statements regarding the -gasoline situation and persistent pedic-tions that an advance in crude oil prices is not far off has been responsible lor some of the recent buying in the oils which made itself felt in the early deal- ings when a number of these Stocks recorded upturns of a point or more.

In some quarters It is asserted that the crude oil price advance would have been made last Saturday and Monday had It not been for the dampening influence of the disclosures at the investigation at Washington, and those who usually take the lead in this matter have been holding back because of fear that an upturn now would cause another explosion In speeches in the House of Congress. However, the technicaLjcon-dition of the industry is said to be such that an advance cannot long bg delayed, underlying conditions being unusually favorable for a higher range for the crude product, according to sogie of the leaders in the industry. FEBRUARY EUTERPRIZES. According to returns now available S23 new enterprises, with an authorized capital of $100,000 or more were organized under tho laws of the different states during February, representing in the aggregate the sum of $638,048,500. In the corresponding period a year ago 7l charters were filed, with an authorized capital of In brief, the past month's incorporations made the poorest showing In several months.

Since January' 1,635 concerns have been chartered, with a combined authorlred capital of $1,539,753,200. During the first two months of 1923 1.5S9 concerns were or ganized. with an authorized capital of $1,610,402,100. The returns continue of a diversified character. New oil and gas companies figure less prominently in the compilation, while new chemical flotations do not show up so well as com-pared with a year aco.

On the other hand, increased activity is noted In the matter of shipping promotions, which due to the improved outlook for th.4 industry. A summary of these incorporations follows February ompames 191:4. jjjj Oil and gas $53,095,000 Chemical i. 505.000 li.Kfi.OOO Shipping 18.450,000 700,090 NOT YET READY TO BREAK. '2 There have been no indications as yet -that the market is about ready to break away from the trading area in which It has been for more than three weeks.

When bears have been able to get prices of the leading issues down several points they have met sufficient resistance to discourage with the result that the market has rallied as a result of short covering and some of the moderate support which makes its appearance on the- reactions. This support can be traced di- rectly to the tendency of some of the leading commission houses advtuing their customers to pick up their favorites on all setbacks preparatory to" the anticipated spring rise. On tho other hand the market also lacks leadership on the constructive side, and wjien prices reach near their highest of tha past few weeks there is riot sufficient, follow through to carry the market Into higher grounds. When such a follow-through develops it will attract considerable out-le buying from those who have been waiting for the leader to give an indication of the direction in the next important move. It has become quite impressive that the rmvfket generally, aside from some stock Jn weak position, has encountered sutsport at what appeared to many to portai't critical points in the pasL Jhis has been one of the factors in gradually changing sentiment for the better in some of the important com nil io' houses recently..