Evening Star Newspaper, May 14, 1921, Page 17

“*MOST INDUSTRIES MARK TIME. conditions, and at the there | imagine. For instance, the railroads | Am Tel & Teleg. . . 8 S ao. Indication o’ tarther: hackslla: |ara solekiig it b e cioct Bratitoing A Tobactor o0 inz | manner, the latest report of car load-{ \m Tobucco (B) . May s a =vvv;nfli in "“r_m"l_'l!‘m- 4\"'1 ings showing an increase of moredym \wooren fl‘A»"Vll:: lr‘ l}“" 'HTH'\I\\:"‘\\“V l‘ oot than 17.000 for the week —the f\)uffhly Anaconda cenerally a bi vers feel out| consecutive increase. by the way. ! Ubyse BT the market for better values: 1abor. | much of which is due to increased de- | ‘“5;’ Dry Goods 3, too. is restless. And this year May is|mand for bituminous coal. The latter | Atchison. ... ... 8lly Funning true to form i " factor helping ‘make prosperity | Atlantic Fruit Co.. 8 Vmonz Wil the inflaences ©0dng 10 brighter for Piiisburgh, where many | AUantc Gulf. .. nake this May a quiet month is 1he nines are working at a pace unat- | Baldwin Loco. Jubor situation. and chiel of the un-|tained before this year, filling the { Balto& Ohio. ... setiled factors in the world of 1abor | northwest's orders for shipment by | Barnsdall (B) perhaps. by the DN e Uaton | Way of the lakes. There will be sev- | Heth Steel (B) e _\\‘:,. e ‘hj_““ s eetic | ral months of this activity without { Bklyn Rap Tr cifs. Sice Anvericn eutered ar is | doubt and its effect will be to make Copper e tons dependent | (ML section generally more prosper- | Caddo Oil. uoer e construction industry is esti- | OUS | Calitornia Fc Mmuated At 20,000,000, Yet there has Price Drift Downwnrd. { California Petrol heen no zencral whole-hearted going Prices drift slowly downward. | Canadian Pacific 1o work o the sta ring job of The.retailers of the country are here |Central Leatner. muking good the shortage 'n Washington (o deny that they | Central Leath pf.. L r Fighting Wage Cuts. ire not deflating along with the pro- | Cerro de Pasco ) Indications are that there will not [duger and the jobber. i Chandler Motor... 6% b e he sl tades o England reports excellent | Cies & Ohio. ... ... 6 hveountil wa i h " b aintenance nfv the volume of retail { Chi & Eastn 1l pr. 1% come down. In many cities, suach as|trade with activity not so greal in|iniGreat Westn.. sis Philadelphin, Chicago, Cleveland and [ Manufacturing lines. he shoe busi- | Cri Q& StP. 2T ether centers, laber in the build- Pk TR e peopl busiichiMiL& StP L. @ Qing trades is out on strike against of fine cotton goods. New {Ghi& Northwn. ... 63l proposed wage cuts experiencing the usual May | Uhi & Northwn pf. 101t In others, such as Pittsburgh, where [advent of out-of-town buyers. but | Chi R 1& Pacific.. s1' the chamber of commerce contem- | they all want bargains. The Broad- |Chi RI& P 6% pf.. 64 tes i plan for crecting 1000 build- v retailer incidentally. is finding {ChiR L& P 9% pI. . , ings. the work to go to the lowest | that it pays to cut his profit to the |Chils Corper. ... . bidder. there are unmistakable signs | bene. “hino Copper. .. in point of numbers involved is agri- | Those who aren't cutting. aren't Colo & Southern. wulture. Here., azain. the outlook is|Selling. those who are cutting are|COlGas........... 59 ¢ regarded somewhat less optimistically | Fe;ordering || Col Graphophione: = 7 eyt millions of farmers | Philadelphia rezards its labor sit- | Col Grabhpf.. £l I vation as the big_sore spot on its|Cunp Tabuia L a7y B Wheat P t | body commercial. " The city of Broth-|ConsGasof N Y... s, umper Wheat Prospects. {erly Love is particularly bedeviled by { Cons Intl Cal Min. 5l Kansas City reports prospeets for a | unrotherly disputes between em- | Cons Textile. ... . bumper wheat with harvest | ploser and emplose in many lines. | Cont Can i much of Tast years grain Gl on | to obtain. Eenerally speaking.. for the |Cont Cands.. ¢ hand. An outlet must be found abroad. | man wno really needs it and has|Corn Products.... is felt, for the American farmer, | collateral of real merit. Few others | Cosden & Co. . e L o FINANCIAL. HOPING TRADE GAINS MAY STAY Reports From_-Chi;E;ers Show No Sudden Resumption of Normaley. But No Sharp Backsliding. Dispatches received foday in review | reduction of freight rates to stimu- Se R conditions ~@uring _the | 1ate buying in the east. £ busis onditions Quring the | By, YT A%, TniiTion. persons in the week, and in forecast of the cominZ| United” States find their prosperity w ek, have for their dominant note & immediately tied up with the farmer's. on that the looked-for breath- | THUS in the two industries—agricul- I e e ragercss | tUre and construction—35.000.000 per- sons are stabili; cing a period of further ation. Many Augur Short Spell. It is but natural. therefore, that the has come ted not as bad as exp Mo stries are marking time. dis from the chief centers indicate. witl | manufacturing sections of the mid- ihe expectation that gains already | dle West and the cast should experi- ¥ lom At B : \lence the period of unsettiement rade during the past few months Will | through which they are now passing. held. Nothing on the horizon - | There are many auguries, however. cotes overnizht resumption of normal | that it will be shorter than most men Open. High. Lo Adv Rumley...... I 1% 1T Adv Rumley pf.... 48'y d48'; 48l Air Reduction..... 36t 6% 36 Ajax Rubber . 33l e 32N AlaskaGold...... ™ ™ " Alaska Juno. .. 1 Allied Chemical 45" Allis Chalmers. Allis Chalmers pf. Am Agr Chem. Am Beet Am Bosch Am Can. Am Chicle ¢ Am Druggists. Am Hide & Lea. . Am Hide & Lea pf. Am International. Am La France. Am Linseed Am Linsecd pf Am Locomotive Am Loco pr. Am Safety 1 Am Ship & Com. Am Smelting. Am Steel Fdy Am Sugar Am Sumatra.. i but high transportation charges mili- | need apply to most of the banks. tate against any solution. Fort Worth At the present only one federal re- | Cuban-Am Sugar. reports the farmers getting ready for serve bank. that at Dallas, maintains | Cuba Cane Sugar.. 20 a big harvest. San Francisco tells of 'a rediscount rate higher than 613 | Davidson Chem... 31 the troubles of her fruit and vege- | per cent. the latest cut being an-|Del Lack & Wstn.. 218 table raisers, who are now seeking @ nounced by St. Paul. Denv & RioG pf... 1% {Dome Mines. ..... is% Endicott-Johnson. 6 \WHEAT MARKET SLUMPS | ON 1921 CROP ESTIMATE | CHIC ures on the 1921 yield of winter wheat have done a good deal this weik to put the wheat market on the downgrade. ago, wheat prices this morning were 15 to lower, r up 15 to 1, and oats showed gains of % to %. The provisions list was un- changed to. 60 off. Although the official forecast of win- ter wheat production this season prov- €d to be considerably under what the majority of traders had looked for, ! the total, nevertheless. appeared suffi cient to justify much of the heavy WAGE CUT AVERAG ER CT. IN 1920 Plants Employing 1,700,000 Workers Fall 25 Per Cent in Numbers. The average decrease in pay per jssued. Tradition that GO. May 14.—Government fig- | Fisk Rubber. | Gen Asphait pf Compared with a week | whereas corn was | selling done before the report was | this was a; Crucible Steel. Erie. .. Erie 18t pf Famous Players Famous Players pf |sen Asphalt..... Gen Electric Gen Moiors. . Gen Mot 7% deb. i Goodrich. ... lGranby ‘onsol i sray & Davis Great Northern pf. Great Nor Ore. Gulf Mo & Nor. . Gulf States Steel Homestake. . Houston Oil Hupp Motor: employe in leading industrial plants period which annually has been ad- | Pdiahoma........ throughout the country during the VErS¢ to the buying side tended also {Indian Refining... % 9 9% # oy 4 _ 4. | 10 Weaken the market, notwithstand- | Inspiration....... 36% 367 3% past yea £ 6.4 per cent. accord-!ing that transient rallies were in- |Interboro Metro... 4 4 4 ing to the results of a general sur-|duced by settlement of the German |Intl Agr Chem.. 9 9 vey of th. labor Lcld just announced | T¢Parations matter and by a state | Intl Haryester.. 0% 8a% 2 J 2 4 i mei § v griculture | 5z u by the Federal Reserve Board. favoring general higher prices n.un{;::; :;nfil:fi;f;g l;‘:: ‘;‘f’.'v lzf?’ A general survey of plants which a | before the war. Meanwhile, TepOrts | [ntl Motor Truck .. 5% 6% o7 year ago employed 1,700,000 workers, Showing crop deterioration in_ the {inq Nickel........ 16 Y the board declared. showed a de- | JUUREEEL (alled (0 Rave ahy lasting {ini Paper...." .\ 6w s 60w cline in the aumbers employed of | (o’ glccess of the emersency tapir | Intl Paper (sta)... 723, 2 5 per The reduction in the | bil in the Sanate and of the Tincher | Invincible Oil. ... 1% weekly vav ron was found to belbill in the House fairly counteryal-|Island Oil......... 4 even greater, :mounting to PEr! anced each other as to immediate re- | Jewel Tea...... 8% esnt, which ihe board asserted indi- | guls on prices. { Kansas City Sou.. 2% cated np! e rates have on the Big reductions in the visible supply | Kelly-Spring Tire. 5 T N e | of corn helped give firmness to corn | Kelsey Wheel..... 5% e 1 quiry covered Lments | and oats, Kennecott........ 2 reporting 1,303,792 employes April 1| Demand for provisions lagged. with a total weekly pay roll of { .280, as compared with 1 e employes and a total pay roll of | CURB STOCKS. 6.463 April 1, 1920, | Quotations furnisbed by W. B. Hibbs & Co. | i ~—Close.— = hew :f‘"" s e LR Bid. " Atked. | Noon prices reported to The Star over direct b e i e B e 2% 1% 1 New York-Washington wire by Redmond & Co pay roll was attributed to act | Allied o i pay was attributed ( the fact | Xmericau Candy /700 1 City of Copenhagen 5igs 1944 trit last yea many plants were | Atlantic Petrolenm 4 1 City of Parls 6% 1921......... working lenzer Lovrs and often over- | L% Leags 110070000 . time. rplementary information, | Boone Oil .. 1501 Kingdom of Belgium 7ix.. ¥ # Boston d Mont. 3 H eluind however. the beard declared. indi- | Boston and Wroming 2| O K- 66 6 B. and Irelund & cated that actual rates paid have | Caledonia ... UK. of G B, and Ireinnd reduced, especially in the case | Calumet and Jerome .. G hawad relang kilied labor. In some instances, | {anada Copper . | American Tel. and Tel. cony arly in the southeast, the |Chrion Steel ... 31, | Armour & € i board added, unskilled labor has been | Carib Truding ... 15% | Atentson, Tope recueed fully 50 per cent in wages. | Car Li 212 [ AUtIE Coedcarh In three of the federal reserve dis ies Nervice (new). tiante Matsing e . Baltimore and Obio triets. however, increases in the Cities Service (old). p- - F v {Cities Service pfd. . Baltimore and Ohio 6s.. average pay of workers was reported. tonial. Tive Baltimore and Ohlo 8. W | In Dallas and San Francisco. the | Coitil Fe o Betblehom Steel refd. hoard said. there had been an in- | Columbia 8 Cunadian Northwestern rease in the average compensation | Copse Ceutral L her . of employes, in the former 6.4 per:Creso Contral Faciie as 0.0 cent d in the latter of 1 pex | Daxtebaly . oy cent. coupled with decreases of s e vapeake and Ohio conv L ployment of 165 per cent and Eik Basin . Bur. and Quiney Jt. 4x.. .. per cent. respe el In New York | Eriel 0il 5 . Mil. and St. Paul refd. 4t there was an average increase in pay | Burvka “roesus | Mil_and St. Paul_conv. 41,30 of 0.5 per cent and a decrease Chicago Northwestern s 1930.. ... employment of 151 per cent Chi., ilcireldg an Citien Showing Decrease 2 oL | Decr «% tn number of il:\‘l‘r’:"’:llld”:l"nd'Tm d and in average pay for the IR ReE o districis were: Boston, 17.5 per cent sodyear Tire and Rubber Co. 5« 1041... nd 6.2 per cent, res ¥, Phil- 10 and Trunk 7 Ret et % adelphia, 2 and 144 per cent:| 214 | lllinois Central 5 i Cleveland. 43.8 und 1§.2 per cent: 11°% | Internationn] Mercantile Marine 6 2 tie and 7 Jer cen - 17 ! Inter. Rapid Transit 1st and ref. Ss.... Hichm and 17.7 per it At ! Rapid Tre & lanta. 357 and 1 r cent: Chi- 3 | Leutaviltezand Nashwl : AT S AR S5 ber CeRfi gt Touts 13y | Moo Kane and Tex. Ist g cugo, 329 and 5 cent: St. Louls. 4 i) 2 214 and 17.6 per cent. Minneapolis. | Liuigh Coal and s ntral 7s 1930. 1003 and 5.8 per cent. and Kansas | Lone Star 26 | New York Central deb. fis. T h and 8.1 per Livisgston Petroleum.... 315 | New York Telephone ... . p eductions in the number on the ; Mazma Copper 23 orfolk and Western conv. ds.. 1 ere n Maracaibo Ol 4 | Norfolk ana Western conv. 6s... H pay roll were made in all the indus Y Tries covered in the survey. except | Murlaud Refnery ... % | Northern LS | ol the board continued, the redue- |} e Al o e B R el | tion being sn lest fc pub ut Midwest Oil com. phd ties with 64 per cent and largest | Midwest Ol pfd...] i | for the rubber industry with 64 per | Miawest ltefning & 152 | Reading general 4s. . i ! highest percent- | \-vads Oph 20 ! St Lonis and San Francisco 4%, sories A in employment | ¢V, Comela ... 1814 | K¢, Tonis and San Francisco 64 1929, v cent for the automo. Nop.ssing Mines Co. 4% | Nt Louis and San Francisco ine. 6s.... Lile industry, 60.4 pe or build- | Northwestern Oif . 26 Senbomrd Air Line a o ng industry. and 415 per cent for | Omar 0il taew).. ag | Rineatr. Conn 0N Corp. : iron and steel | ben ceelilll 53 | Southern Pacific 1st ref. 4s Decreases in the average earnings buifection Tire | Southern Pacific conv. 4s 2l s sttt e o Srer comt | Producers and Refiners 4% ' Southern Reilway gen, 4s.. i per employe varied from 2.4 per Tead in the boot and shoe industry to 40 per | jadio pod ... 2__ | Bouthern- Raiiway Ge H cent in the rubber industry | Gy Hercul | Union Pacific conv. 4. & j lipan Comsolida Tnion Pacific fe 1928 . sal ucin, ‘nited States 78 OUTLOOK FOR WHEAT. |3 crork (aewt Fhited Rtaten Tonvher 116 1 CHICAGO. Mayv 14.—According to the | Simma Petro 10 e e Toas Modern Milier, “winter wheat has lost il “on irginia-Carolina Chemical 7 oy ground since the last government re- lnm:l“f':wxnu | Wilson & Co. 1st 6a.... - »a ports were hough gen- ol o cral prospect for a large i ek, e crop. In Oklahoma. deterioration has i FOREIGN BONDS. Leen mMost apparent terioration has com. v from dry weather hive been serious. % Light and Heat. pfd { Quotations furnished by W. B. Hibbs & Co. Important areas in Kansas show ap- | United Profit Kharing.... | flr'flf prices oo ance of wheat less promising, al- |1 X Steamsnp eriin _ds. e o Daarance of wheat less promising. al- | Gutics e Candz.;:oo:: | Greater 1% Cerman oo actual losses « ed o : re 0o e x not h'ly'u\,\‘ l(rfl[- Tn Western Nebraska | m|."m.’l"-:’n: k”“Av:fllnnl S« suffering from insufc raoisgr . e ine 43 In Tilinois, Indiana and Ohio appear- | Dunzig 4s. . 2 nzer Bank s ance of wheat is not so favorable, as | . | Darmatade 4000 10% Nord. L. unk 4 rumerous flelds have vellow tinge ! Dresden 4 uss Bank 4s. . Variable w hecked propagi- G A Dresden 436 erlin tion of Hessian . Condit in the Eaathee ghe | Duenstidoct: & Yieana belt have been favorable | Anmour nfd. .. et A nce of crop reflects this. Packing .. | Frankgore 500000 24 Frenen Iy i ! Hamburg 3+ Fre COTTON WEIGHTS GIVEN. A ORLEANS, May 14.—Secretary Fester of the New Orleans Cotton e J:xchange has issued a statement of | FIBERTY BOND CLOS 1 Wail weights of 6,390.737 bales of cotton, NEW YORK, May 14.—Liberty handled at outports and across the|bonds clesed: 3128, 85.50; 18t 4s, 87, Mississippi, Ohio and Potomac rivers|bid: 2d_4s, 87.30; 18t 4i4s, 87.62; 2d overland to American manufacturers |4} = S7.40. 3d 4¢s. 90.70. 4th 418, cutside the ton belt dur'ng months Vietory 3%s, 97.5%; Victory of_Auzust to April, inciusive. T | Himburz B1ge. g ds . Hambnrg 41Ge. Nat. war L | Koenfestere 4n. War loan ioipzie d1gn. . Tiniian Ttalfan notes’ Belg.un Rest. Beigian Pre Leipaig Munich 4s... German gov. 3x.. 1 German gos. 314 151, —_— The first river tunnel constructe: America was completed in Chicag 13565, ¢ 17ty ! Open. Kevstone Tire.... I, as1s | Lackawanna Steel gury 261 324 118 | Loft In a0ty 145 THE EVENING STAR, 'NEW YORK STOCK EXCHANGE. Received by Private Wire Direct to The Star Office. | | | | | &l St Louis Sown pf | 5 x : ; Santa Cecilia Sug. i Bear Operators Columin by practice it today. Open a savings axon Moiors . The big operators on side | Colrm plione pfid. . N, % - «board Air Line Lo the marker were tn evidence amain | b s Lap o account this payday aboard A L pf. aiding special issues at the | perohants Bucick same’ time (hey were covering in o pher. sther directions. One of the main ob- pld. . VT ra i Tean Jeets of attack was Famous Players Sinclair Uil o _.“j“'(ll I\-‘wl 1'{' e swift o Southern Pucific. . 754 i {weak technical position. The raid outhern Railway. 213 20': 2% 2% knocked the stock down 4 point at a | Stand Oilof NJ... 151 151 1 130 |time, vnd seemed to fine it aga ! Steel & Tube pr... 7, 7 {big operators for the declina were 100 Budapest ET g | Stewart-Warner. LLammnering . nt I common and| T Resources, $£,502,503.79 Stromberg o | Bethlehem s while at the same A6l Waraw S Studebaker. {time 1 the short 135 Copenhugen Submarine commitmen anna Steel, gome - Sm Chriia Superior St |and Republic & | Zyrich .. It Amsierdam Texas Company . Week of Imp nt Meetings | At Tielgrade & Pacific Vienna Montienl | WASHINGTON, D. Lee Tire & Rubber Lehigh Valley. . Loews In Market St Ry. Martin-Parry Mo Kan & Tex pf Mo 'acific. . Mo Pacific pf. . Montgomery Waurd Natl Bt U hat broke Badly on information that |0 MISCELLAXEOUS, The Largest Savings Department of Any .:: :An«.;nl‘rx Y x vithere would be another rep of an | Washingion Market 0 Bank in Washington Natl Lead p 02 evorable 3 Washington Market s unfavorable nature in the near future bl Natl Rys of M 2 5 e | i E Natl ity 'wz, 1 23| rezarding the Mesican oil wells. STOCKS Open Saturday 5:30 P.M. to 8 P.M. New O Tex & M ¢ | Continental Can made a new low e NY Central.. .. 91 {anticipating the passing of the divi- cl. and Tel. ¢fs . . N Y Dock.ns 10! B fdend. and Chandicr was hoavity sold, | Gt Lincoln Said: Y NH & Hart. el T , i i {"‘“"““‘“I R 7 R Uher i e, 12 discounting. so it was thought, a re- | Noriuik and Wash Steaminoat . —The = i he world labors Northern Pacifi e L SR L C G T SRR I el The prudent. penniless beginser in th 1d iabor whoma Frod e A L Siinzton Rwy. and e, pfd for wages awhile. saws & surplus with which to buy Ontario Silver e reniie Oullse Roehuck/an N L ; tools or land for himself. thea labors on his ow: account Ofpheus cuca viclded siarply Steel common NATIONAL BANKS another while and at length hires another mew beginner LISEIEsatE o v oway s a b under determined | e to help kim Pac Developm iAo | Golumbte The struggle of tedas is mot altogether for today: it is Pacific Ofl Covering Lixewhere. i ; for & vast future also. With a reliance on Providence a kit iy & while the traders were selling | anies’ the more firm aud earnest. let us proceed in & great task Pan-Am Fete (13) 61 ¢ these stocks they were covering up their | which events have developed upon us Pennsy Iy ) sa0rt cont sthers. Such favorites Penn Seabd Stee 104 of the previ bear speculation as repoll Banhy (JC) Bee s ) American Sumatra turned about and | 554 Pere Murque 211y under the encouragement afforded by the | TRUST COMPANY Phillips Petroleum w6 better prices of the metal 1 A Seearity and Trust. et 1~ On the other hand. the Ame « al Trust i Pierce-Arrow pf. ot Were more uncertain in their move me s N Plerce Oil 2 ot | ifornia Petroleum kept conspicuous- | Lior & SEe e w411y strong. and pool operations mude| ®ehington e A Pitts & W V. {ibemaclves (ot In Texas and Bacificliciumerce. a e T {which xtill has the name of a quasi-oil | Eael Washinston i !t o S aehimmon Everyone Should Realize Punta Alegre Su i Selling the 0 ity faxings o (bos PureOil......... I But in some of the other oils a good | Union Savings = m Ray Con Copper. . Tdeal of seliing was induced by the Tide- | U S Savings the l portance of Reading....... jwater Oil report for the first ihyee | Washingtn lechn Reading 15t pf months of the year, showing a deficit of d 1 onT SLANG000. This was a reminder that Sav‘ng b iIron St {most ol companies will tep Iron & St pf [ write-off in Uheir invent i Dutch the result of the decline in oil prices nio . —Reme . - foundation of al e The foreizn exchanges continued th PO Remember, the foundation all St1/ouls Southwa upward tendency, but the net gains for | Colimbia Titl good fortune is Thrift —begin to Texa . Texus & P C & Oil. Tide Water Oil. Tobacco Prol Trans Contl Oil. Union Bag & Paper Union Oil..... Union Pacific United Fruit United Ret: 178 Cast Ir Pip 1S Food Prod. U'S Indus Alcohol. 3S Realty...... 'S Rubber., i"S Rubber 15t pf. U SSmelt & Ref. Steel. eel pr. Utah Copper. .. 1194 TN Strs. 597y .18 ) Mexican Pete pf Miami Copper wAMiddie St | Midval 2% Minn & 198 Minn SUP & S8 M il | Mo Kan & Tex 0y 5 o, | Vanadium Corp 31 s1a | Vivadou. ... ... [ 5 Y| Wabash pf A’ 23, 2 9 | WesternMd...... 104 104 o | Western Pacific... 287 ey 10214 | Western Union. ... saa 541 | Wheeling & L E. .. 10% 2%, | Wheeling & L E pf. 17 16% | White Motor.. I 66tz | White Oil.......... 1% 141 72 | Wilson Company.. 41 4ty 41l 16% | Willys-Overland.. s s L s | Woolworth. ... 2% 2% 2% 1123 &% High. Low. Lay 2] Call Money..... 6% 6z 64 441y 54% | HOURLY SALES OF STOCKS. | e TODAY’S BOND PRICES. d in 228300 12m.. SHORT-TERM SECURITIES, (Reported by Redmond & Co. American A American Anacondn Anglo Ame Armour & C ethl Bethl Canadian ¥ Ceutral Ar, BT L O & st s of Copper Export er Export E . ¥ Goodricl e 0il Corporation Ho 3. Heinz ¢ Hocking Vaile mble Ol T3 1923 anecott Copper Ligzett & Myers ‘e Co”415n. June 3 Procier & Gambie T 1058 Procter & Gumble 1007 1 wnn PN oniy | cbuck & Co o7, ! oil way i Swift & Co. wift & Co. Texus Co. 7s 10 1 Tank Car Co. 75 193000 101 DIVIDENDS DECLARED. Ju dune 10 JJune 1 Retail o 15 S3duze 6 Ju $550 ... u “ins., N0, & Jun Chot i e June “Gilt Edge” 1% First Mortgage Notes Now on Hand In Amounts o $250 Up to $5,000 Now is the time to Invest, but oniy in Securities that are abso- lutely safe. Don't take chances and speculate with your savings. We look after all detalls and inh guaranteed titles with Chas, D. Sager 923 15th St. N.W. Loan Dept., M. 36. June 30 FINANCIAL. C., SATURDAY. MAY BEARS WORKING 14, 1921—PART 7% REAL ESTATE NOTES Conservative Valuations IZENS | | Vi l“{‘;;:"‘l;‘;;"‘f‘ R B e Commercial H Bid and Asked Prices Accounts {Famous Players, Gils and BONDS GLOVER & FLATHER Safe Deposi PUBLIC UTILITIES, PUBLIC U = Boxes Monthly State- ment Serviee § 1336 N. Y. Ave. wa 737 15th St. N.W. ol Tel and Telga and T Motors Under Pressure. Expect Dividend Cuts. PN 1 GRANT c Accountant and Auditor | 5 F. CHASE, 3 NEW YORK. May 14.- The market o Pnbl‘ s efforts on the part of operators tol find weak spots. This resulted in a of drives N against various in- One of the Oldest and Hext BKnown | vidual ks, which, for one reason aal Bankinz Inxti mx In Washington or another, were believed to © e nerable. Mexiean Petroloum was on | the day were smati teal ELatate Tite ext week will be an important one MDA o anEone e = < dividends are e ted to, sur. | P — i i Union B and ‘Paner s || E. QUITABLE meat on Tureday Cutan-Amerie Co-Operative Zuild'ng Airbrake and Revubli y — — N on Wednes divid = § 2 & [ a1t hese compani e e Association undereo some rev i = Y : H oD Phuraday, ”"’;"“l‘ G "',‘”""‘Fd‘\v"' 41 :')lr"\-l ‘(t(dj\::.ll’l‘}'l OUR lDLE FUNDS 21z | tional Lead ndustrial Aleohol St YBAR /COMELBEED [ ”'T‘f'?‘"'f mect, Bosch dividend is Anrete .l ou6NT | jexpected to be passed. i | 5 T . o Motors Still Sinkingz. Surplus ... 32280 | Are you utilizing your idle funds to best advantage 81st Issue of Stock Being Received | Shares, $2.50 per Month 4 Per Cent Interest | the meeting before m. servative securities: king a decision. | motor stocks and related issues S Mark ity ar et ok an reluted sewes | JOIN THE EQUITABLE | Remember that Safety, Marketability and Income | Tow I, Eofung down close fo its il Thousands have adopted the | are the test of bond investment. or the vea action o systematic saving plan of the : 2L sald: . {Chandiericads A ot ot peovle to e ] Squitabie and hase Accamutated We believe the following issues, yie!d'ng about 877, reduction in the dividend rate fenr |l ™% :U"Na"lm sums i meet these requirements and provide opportunities for | the 319 rate now aid, althoush di- | | SR b b the investment of your surplus funds in safe and con- | Du Price OIL STOCK: Quotations furnisted by W B. Hibbs & Co Kelly-Sprinsficld Tire Comnany AaioAn: (s i 8. Sinking Fund Gold Netas.......... 153 $3, 8.95% B fo ‘|| EQUITABLE BUILDING | | Porto Rican-American Tcbacco Co. 915 F St. N.W. 8% GoM Bonds.....................1531 190 8.00% { Continental 071 et i | aomy do exident Southwestern Beli Tel-nhone Co. { Enreka Pipe Line. i 77 Convertible Gold Notes...........1325 €5 0il gnal enal Oil ¢ ot Mexicar Petrelrm Companv Tibe ine ¢ I Money to Loan 8¢ Sinking Fuad Coavertiblz Gold Bonds 1936 $3'; 8.157% ok Tmneratien [ g ey drgcomaisson~ * | Milwaukee Electric Railway & Light Co. i 0 Co. | Joseph 1. Weller $0 "5 & ,,‘_‘.-"3" 7Y% Refunding & First Mortgage Bonds 1941 €5 8.00°) Descriptive circulars on request | Crane, Parris & Company | Investment Barkers 823 Fifteenth Stre=t Established 1883 Over a Quarter of a Century Experience in Prcperty Management Business Property We care for husiness property as well as residence: Most owners of business buildings have other interests which re- quire their attention. Time taken from this other work means lost money. Our service. costing only a reasonable amount, is therefore a rcal economy. MEMBERS: New York Stock Exchange 111 Broadway, New York Capital and Surplu $2,000.000.00 We collect rents on business buildings. supervise repairs, see that desirable and leases are made only to tenants. pay taxes insurance and, in a word, ch over the property as carefully as the owner. Washington Office COLORADO BUILDI Telephone Main 1603 Give-up business invited Cur Welccme to the Small Depositor is Always Warm Come in and talk it over. B. F. SAUL CO. Property Management 934 N. Y. Ave. NW. G. B. CHIPMAN Manager 'E reason to be proud of our Same large family of depositors and | our long record of service to the \ Rate of community. But our development into a Interest big institution in no way diminishes our 0 zeal to serve small depo: l!rl)r.x . i YOUR PAY DAY SAVINGS. however small. Dependability Lo R Large and ample resources and expericnced manage- ment i H 2% Let's get acquainted this 15th. is a wel! carned reputation for a firm that has Small e . : SR Accotnts OFFICERS scivedhst] morteageinye thrsiorgo2 Mcat WILLIAM D. HOOVER. .. .President 1 3 O "NY BLAIR irst Vice President H without a single black mark. \We have just added B TONE. . Second, Vice President i iti at E— PRANK STETSON. ... .. .....Trust Officer another year to this flawless tradition. The AR T LAMBORN. ... el e i i 1. PERCIVAL WILSON. ... " Secretary searching tests of the years disclose only strength FRANK R ULLMER Asst. Sec'y & Asst. Treas. 1 1 Vi T 3 in these investments. We Serve DIRECTORS Woodbury Blair H. Prescott Gatley Over James A. Buchanan _ William D. Hoover William A. H. Church Victor Kauffmann S H Rh fd H C 41,000 Walter C. Clephane harles Minshall W m ns. William V. Cox rank W. Stone et s EDSeygsio: Depositors William E. Bdmonston William H. Walker 5 ; Reginald S. Huidekoper Henry K. Willard 727 15th Street N.W. ! = 5 T C Washington, D. C. |l | National Savings & Trust Co. The Nation's Home Town 55th Oldest Savings Depository in Washington & l Year Corner 15th and New York Ave. h e ts Al et e Sk Tabih RS G 20 e SR/ 3 »