Evening Star Newspaper, May 18, 1921, Page 23

T e FINANCIAL. THE EVENING STAR., WASHINGTON, D. €., WEDNESDAY. MAY 18, 1921 FINANCIAL. = e ————— g —————————————————— e e —— s e HANI]IEAPPH] IN NEW YORK STOCK EXCHANGE WI“_ARI]DEFENDS |Grain, Produce and Live Stock Received by Private Wire Direct to The Star Office. GRAIN AND PROVISIONS. OCAT, WHOLESALE MARKET. | You Never Charge Off Depreciation on an “Gilt Edge” 1% N | Low. Close. Open. High. Low. Close. PBALTIMORE. May 1% (Special).— | Eggs—Strictly fresh. per doz. '_’I_! Investment in Adams Express @9 W iSeaboard AirLine. T 1 T A el A S so;'fh”" 2L Ib., 2 * irst rt: te's ¢ Ajax Rubber. ... 81% 31% |Seaboard A L pf... 12: 124 1 10 ote 301 (0 M eGomnichss Live poultry—Roosters, per 1b.. 20: | F M N i Alaska Gold. . 5 | Sears Roebuck.... w4 10 L AR00: Nos o analy mew. er bUL. T80 | turkeys, per “pound. 30a33: chickene, | ll‘st ortgage 0 b AlaskaJduno...... 1% 14 1's | Seneca Copper.... 1% 18 18 e TBL. an0anon aand [ spring. per b hens: per o, o0 | I Now i FEne Allied Chemical 4% | Shattuck-Arizona. 7 7 = Bean arl and W per'|SCAta voune. cmch €ha < il In Amounts c. * - AllisChxg:'ner!. 0 A ":3' :‘hflel]l Trad & Tran. | . hamy i Bevis, per bunch. ! VT "l" e e | to 5 . <o Am AgrChem..... 4i's 48% 47z 48'3;Siflclair Oil. e o aas S per doz. 1.50a3 ressed poultry—Frosh-killed spring (1) t ao‘ ’ : Non-Members Find Difficulty Am Beet Sugar. . 3% 39'5 3% | So Porto Rico Suz. 60 %Deplores Criticism of Pay|: ro per crate. shickens el {eiatyetie Lo :“"I | o ceS P 2 Am Bosch. ... 3 Southern Pacific. . 4 1~ Cabbasze. Hsere B & Sireib Now is the-time to invest. but A . Am Can. ceeee. 301 31w Southern Railway. 3 i . {eumbers per be 35u38; chickens. winter. pe 1 oniy in Securiiies that are abso- in Securing Allotment—Par- |im ¢ir s ¥as 126 126 | utnesn Bynr. Given Executives in Testify {per erate. 3.50a Y 0260, ) o They Mean Absolute Tutels bate fhonte ticelichnboes Am Druggists..... 64 6% Stand Oil of N J... 150 ing Bef c ittee An6e. Lettuce per bu.. 5ai, Fork—Dressed. smail per 10 g and speculate with your savings i i AmHide & Lea.... 13 13% Stand Oil N J pf... 108'= erore Commi . Dot 2 .00 Pepp e hiouvy. R 0ak s i el S Satety, Collection Rulmg. Am Hide & Lea pf. §7% 67+ Stewart-Warner.. 28 9 pomat Gnians “1"““-': Live stock—Cal choice. per 1b. | h"\"'h'."":“:"-;‘r":l‘: dfll'.'_.'"-;l BY L A. FLEMING. Am International . Stromberg Carb... 3+, The fransportation act of 1920 “has | 100 bunches Taagn. Spinach. per bu. lambs, choice, per 1., 13 CEN Amemiab ]| L i AmyEalReance:=. ... 19 Studebaker....... 8 {made it possible for American rail- oS0 Rhu Ser 10N Ganchess en fruits—Apples. per bbL. 580 Fome local bankers whose institu- | Am Linseed. .. 38% Studebaker pf.... 9% WAL 38 to b 1 suces ssfully un- 13 60a6 o0 10.00; western, per box., 3.30a1 Ch D. S tions are not members of the Federal |Am Linseed pf.... ™ 74 Submarine Boat . .. jros o oprerate et Tomatoes. per erat Ap- | furnia lemons, per b u as. . ager e A T Lo e 83 2 fder private ownership” Daniel Wil Toin per crate, D ltornta oranges, per crate. = Reserve system are complaining that | A Locometive .- 8 ;:::lr&rpgélr-.- T tent of the Baltimers and |} per Lo oy, 1 e g RO ; 923 15th St. N.W. 3 hey de no a fair chance with | o i ~ i 0 3 5 £ dent of the Baltimors and ({05 G0y srapefruit, por . 6.0026.50. A - the -\rn‘ll-mgvls SoiEs in the Bidding !ur:j:m g*""l:‘; Com... 3‘ ;e“sko{" ny. S iladas i hieonine FapeTruit 006,00, Grapefruit, p e qu“.r:‘,flms and require no Loan Dept., M. 36. L m Smelting. ... exas & Pacific : Gaie Oran per boy Stutwepie <. ne N . R e oay miventhe vari- | Am SteelFay. 3015 Texas & P C & Oil. 20 i Y Berrins per ut, 6ai, Sesewbics Fotatoes Brachy attention ouY 9SS of Lertifieates and the rates | Am Sugar.. oy Tobacco Prod. ... ting CiiE SELLING PRICES AT NOOYN. D O o ber bl . of interest have caused a decided im- | Am Sumatra . te 6l Tol SUL & Westn. . e crations, Wheat —No, 2 red winter, spot. 167 et pevssan o vt Yo' Shannon & Luchs 7< RFAL ESTATE NOTES T e o T el ool ol Zesimconion L Mr. Wil ontinued | No. 2 red winter, zarlicky. spot. 1.42%. X per Dbl 5.0048.00. ( 3 luati {rom conservative investors. who have | Am Tobacco. ... 125 1257 Transue & Wilms. O s ol har union jons that r Mo, 1485, iy Cller 713 141h Street Conservative Valuations . become cducated to their nnv;xm.-nll:m?,gzcco:’?;;'.) Ls.;-. lg;_: tnmnun e 20 fronds could be more economically P Corn—Cob. new. yellow, 4.00 per b0, “Floriad ¢ l;‘fi_‘ i i & S : vaiue. . m Tobacco “ 21 naged ‘1 in Ccargoes: contract corn. Spo Romaine leituce. et = B I Trust companies and savings banks {Am Woolen....... 7% 7's Gnion Pacific pi. [ ment s one May. 713,: No. S1y 0t e crate, Fl _2:25a3.00. | Main 2345 i Secured hy as well as national banks are fr-‘- Am Writing Pr pf. 35l 354 United Alloy Steet, 20 0 dthe s which it is ¢ corn. vellow, No or better, T ach, per bbl., 2.50a3.00. ‘:044 — 1 of tru anenily asked o Gl orders for cus-fAmZinc&Lead g8, 9% | Gnited Fruis.. .. 10T bie 1o sk = bbL heppers. b { propers O A o e ot I lAnaconda. ..l ... &% @ Cnited Ry Inv. ... W 1 eomarked, iries of 2 white, 491230 No. 3 ofth Carplina peas. 3.00270% | makers. . Ucthat ofdias 26 s e vt [AssoDry G 1stpf. 65 65 United Retail Strs. 5970 Aty L S od size. Nl | ' hzousHl natinnal iankssesnnto Ruve b g bR SoRC S e U S Food Prod. b iy Ated upon unfavorably in | o nearby rye. as 3 ! been given consideration and but a|AtChson. .. UST sy Z 1% o e oAt 0 per bu: Mo Ezgplant, b 450, To Co-Operative Buildi i GLOVER & FLATHER mparatively small part of their sub- |- e dcdhol. Rt i e eyl I export, £pot. 1,33 nominal per | matoes, per box, 3.50z 0-Operative ng cribers will receive allof ents. Atlanta Bir & Aul. USRealty...... thousl in other industrics v EXDODL Enat: i e ASnaTAE - the was first made public on { Atlantic Fruit Co.. 8 |USRubber 1sUpt. 1010 101 Joris | ulated whens he timot omioulietand: bs; 5 ! the morning of the 12th instant. but the .\llnnncuu:‘{“{..v fi“it SSmelt Ref pf.. 41 41 41 EhiEt Soxec Lo Lt timothy, 14.50a | h Organized ¥ regular circular announcing the terms of | Atlantic Gulf pf. .. s (U S Steel.... . nity PR (L Fhi clove xed, 20,005 ! Hil 41st YEAR COMPLETED the loan. etc. was not issued until | Atlantic Petroleun 18 U S Steel pf. Bug aviienia % ‘}:"L: Siovis Thasa ieana SlMPLICITY URGED il 5 . the moruing of the 13th. Austin Nichols.... 94 Ctah Copper...... SRR e . RECLASSlFYING‘ :--el . an = S states hefore, in this column. | Byldwin Loco. 88'y Utah Securities. .. 12 ver, mixed, 14.00a17.00 % Surplus ... . ... N the cntire amount of certificates. and | Bajto & Ohio. ...... 4 Vanadium Corp X0 3,14, 00; No. 1 clover. 15.00a o & { More. Wis subscribed for by wite or-lRethisiteel (B)..-. 0% Va-Car Chem. . Advise o Non. [ 16,00 No. 2 Clover. 12.00a13.00: No. 3. - i JOIN THE EQUITABLE ders. largely from national banks on|pey Steel §% pf...104 104 104 Va-Car Chem pf. ¥u | “That's not much concern to me: my | jio0a11 umple hay., 13.00a14.00. l ‘ the morning of the 12th instant. fn|pSCRSinhl " e 6 4% 6 |Vivaden y jeonnection with railroads will n L e S T oy No. 1 (Continued from First I'aze.) i Thousands have adopted the some cases the Richmond bank was Seziy o = - 4 27, “ it gty el gt =ted = i systematic savinz plan of the . : : ol ot | Bkiyn Rapid Trn.. 18% 13% 1%s 12| Wabash. .. rily Jast only 2 Short time now. Tt iy 10 nominal; No. 1 tanzled | ) i s ug pla; o s bacrintion o the Srusing banks ror | BKIyn Rup Trotfa. s 81 % ol wabasnpf AL, e s T the public when the | So: '3 tamaled. ree 1500 | lupt in the service to take the position. || Equitable and huve accumulaied MEMBERS: gerve account. while “in others the|Bkiyn€nionGas.. 71 71 W Wl Wells-Fargo Lxp. ; GoE e e mimal. Nona | Representative Smith of Taaho said [[i MOSt SEUSEbIEL sums New York Stock Exch: Busets took advantage of ithe provic | Butle Gopper..... 84 $H Western Md. ... 1 Fve advised my own son tol Ton 16.00al 700 Ihe had similar experiences when he ||| ew lol ocik Lxchange sions of the sale. which allows them |Caddo Oil. . . 16% 16% Western Md 2d. .. o iothe e 1! s % e A 81st Issue of Stock . to retain funds on deposit antil such | California Petrol.. 43 48 Western Pacific. .. I b e vl | CHICAGO. May 18.—Bullish crop re- | was in the government service as all New York time as the Secretary of the Treas-!Canadian Pacific.. 115% 116% Western Pac pf... . P Setaraa ! seredit because e from the »nuxlw;‘v-:’vdvurnr{l‘l the | voung man thirty years ago. He Being Recelved ury asks for payment Case Plow Works. 64 6% Western Union... + Sy U remember railroad of-|wheat market upward today after al . as getting $£900 a year and id not trust fo the telegraph. but|Ceptral Leathpf.. 79 8 Wheeling & LE.... 100: 10's 10 ure most likely to]clines were ascribed lo forecasts ofjwhen a chanes of B an older 4 Per Cent Interest e ' Segiae telemhene direct In BlachnE|Copt REOCNY. ) AN M WX 2 (wheotme SLEGE len 20 o b ey e ae? | relueed walges for raiiroad emploscs | idng the place was siven o an ol f Washington Office’ B i S Cerro de P'asco.... 30% 4 White Motor....... 4 4 4o salaries exclusi Lhe exnected o S tet quick-| “I resi -xt day,” said M. ||| . dving the matier Lompisiaid of, x| Chandler Motor. . 8% &7 6% | white Ol B 14 1 n January. 1918, the dircetor 1S s e "i| EQUITABLE BUILDING COLORADO BUILDINS T InE e ey sompiaine i il Ches & Onio....... &% & 642 | wilcon Company f | ' £ railroads ol s one iy rallicd. Opening quo T - i 5 b > pL 3R Corl o= Jo fature ciles and_for dlicma Besternill.. % % 0| Wiln Over . Une -onom r varied from unchanzed fizures to 1 cent] Means of Relleving Situation. 1}, 915 F St. N.W. . to use the latest facilities in plac-jShi& E g illys-Overiand.. 9 . B EY agsoang o owel th May, 1452 to 1.6, an ai 3 ese -1 =i - . ing orders. Ik:!z"“tafi:;““ S| Worthington Pmp. 525 524 .52 51‘.i‘_ A atn Trom th e 3 t0 1.15%. were followed by e alday 'l';,‘,‘,f‘u;,?"fl,‘,.' JOHY JOY EDsOY. Telephone Main 1603 However. there is practical assur-[ChiGreat Wpf.... 19 1 s of icialstand aw o U0 d T8 i aroting, Y d el T FRANK P. REE: g ance that the 5% per cent rate will|Chi Mil&StP..... 29 9% High, Low. Last. SenatorPomerenc. democrat, [ moderate guiny all srewnd o | establishment of efficiency, ratings. and | Gi Los S % pen vent incerest FCRIEN, ety s committee then askel him reat. i 3 tol e centg 0 b == — e e LG e e et by HOURLY SALES OF STOCKS. furnish it on the s ne | fower. including July, at €07 10 60% {ine adoption of @ range of salarics in | { maining on deposit to the credit of |Chi R 1& Pacific.. 5% 4% 1lam..... 25500 12m ws 100 | i pavin administration. and | the market scored « slig ° i1 | enen classification. with minimum, in- LlBER'l'Y BON'DSI 4 L 1 . SMm. 2 e Tound Tate - WAs pay =0 cases. crmedia a ax ay 2 ~ & e the Tremsury. © o be com. |CBE K18 e%pi’ & pm. Ll i 2l s [gin found Tater hewas wasing ste- frome casen |l o gorn. e BOUGHT AND SOLD FOR CASH | G. B. CHIPMAN Soasmcm e anks be com- 1 CchiR1& P i%pI.. T o s han £30.000 i tarting unchanged to % lower, July, Mr. Meriam said he believed it would 0 B L AS | pelled to make immediate payment| S g ne was more than $5 . g et Gy i G e We Also Lend on Liberty Bonds | e i rats Thex are mot esig. | Chile Copper...... DIVIDENDS DECLARED. average was S19.700, a8 o asie. and | sagied some- | be wise o got away from the old plan Li Bond E 3 iN -+ Manager I & Chino Copper... publie is entitied [ bt rurther. but then vecume rmer. |of fixing saiarics by statute and leave iberty Bon xchange! i e 7 i Brit. Am. Tob (int. 2 P is i Sanadia 3 o bt x i Supreme Court in the par-collection Erantonhone 3 : Continuinz his analysis of union | 4041 of Canadian wheat has been sold | 1'% Maving of money. ; ! matter. : L Be Cream Co. fuls jleriticisms, Mr. Willard said that as-|of Jate but not reported. The close | {nityor® Quegestion made by Mr. Money to Loan : It is denied officially that the ruling| COmP Tabuiater- - s g Sertions that milroads.zenerally paid | \as'sirong, 2 to 31 met higher. With | yriam' way that an adequate ter- | ; : ‘ 16 1s Citmerfor e e Or that! Cons Intl Cal Mi. B A June 10] TUCH, MOT O renair work done by |May 1481 10 143% and July 1.18% | minology of the various jobs in_the Over a Serured b First Beedt of Trost o0 oot Exaie. It Is agains serve | = i Kresge, 8. 8. «.u. duiy 1) 1 e contracion OH Ol to 1.181;. ' zovernment service shou adopted | 1 . aa 2 W o S Trwst system.. Cons Textile...... Rrewge, & S0 nf . 13 dune 16 fuiy 1110 raliread shops was incorreet in it | Pylipying demand for corn was ac- | 2% Getoi5ey nich means some- | Quarter |ijoseph I Weller o ¥am 1 & To The Federal Reserve Board explains{tontCandy....... N0 Tex. & Mex. q. $1.50.May 2 June 15| spocified application to Baltimore and | o with country offerings somewhat | pit ST REE MR 4. a head of f | = — s that the case i merely sent back for| Corn Products. Ne k Tranw't. ., $1.....dune 21 Juiy 151 Ohio oporation. Thiger: but 1 mainly above the | g, ST RTETNL Nk Tor ‘some addi- ol a | = — L ank | Sosden & Co. Sinni, Ga lppt, w. $LT5. Mar is June 1 Hirntonaroaries that Anterlocking market. Prices closed sirong % 10 1| {ional clerks. The term “clerks” means Century |ooaaFi—7——r e New York Federal Reserve Bank;Crucible Steel. Stand. Gax & Bl pf. ., §2 ay Jun dirgetorates influence ileoad man- A i July 613 to 615a 2z S Sl 5 issued the following Guban-Am tuzsr. white Motor co,'n) §. 5 June 3 s 10 adopt poiicics inmical to | et BiEher. with July 61% 8 [ nathlag aince 1t misht mean a s thing Experience || o 20 has E -1 Cuba Ci S —_— the interests of Ailrod COrpora- | = s M 3 " = i Chionnine e e eaa s Sos|cutacane LA e ol Aot ne eioadlCombr | Saiteat High. Low. examination of land claims. . _in Property |, Last Year's Earnings of ‘ try banks against the Federal Re-|GubaCaneSupe... S { responsible.” Mr. Willard continued, | 3 e T ) Reclansification Bills Reviewed. Management || = . . serve Bank of Atlanta. upholding the| Davidson Laem. . B 0 [“that comes home to me. L. H. Lored "W : Discussing ihelvarious lieilhssificar | cahforma Pac g federal reserve bank's contention that} e L and 1 e are directors of the | B o1z, 8% | GonSHiTe that have been introduced. | the district court of the L‘mle({)sta‘;esilé::}'cou e ek i ! and Ohio. as well as of : s RE i a0 Meriam sald | that the Sterling i . as jurisdiction of the case, but de-|kne - - b s, Defore they could use % 9 d Let i g co « nies the federal rescrve bank motion!Erie.............. W% 16 H % i tollcontrol dhe Baltimore ) ST ) 238, 4a land Lehlbach bills have followed in Out-of-Town Proper!y | rporat]on to dismiss the plaintiff’s complaint.| krie 1st ceees 2WH 2 fand Opic wrenzfully, they must have 7 S s e 39 <405 | the main l!fl_"bflf_}_:f ‘hE_“ef]’.*;*":‘fi:;, . = . Suit was brought by a group of non- | krie 2d g. ....-... ln 1% Buade of me. thcir chief exeeutive, a Wi YOREMay 18 Lard. easler. | 0 O il e a5 it Owners | reviewed in our recent : member country banks to enjoin theiamous Flayers.. 6 ib% willing tool. They have ot done!middie west, 9.30a8.60. Other articies | between the two bills, be eaid, is that 5 ! federal reserve bank from collecting | sk Rubber. . 1612 16% i #nd have fiot attempted to de so. | unchanged to tHe iy il the Treriaaifoction . i | circular. Copy on request checks drawn on the country banks.|precport Texas 8 6% LSRLIOE point 1 am making is thai | s nto_th Ul thececlansincation Much residence and Lusiness plaintiff’s alleging that the federai| KTSePOTLTCREI: - Tha M0 16 ING, NEW YORK. May 15 —There we oun ot thel directon CORToN provisicnasiwhiic it Beteaing I property in __Washington is I reserve bank intended to undertake en Asphalt. Doreey s 72 72 | Very little change in the general bond | #7¢ * for railroad conduct s ¥ provides for a system of services owned by persons living else- A A. ousman 0. the collection of such checks by pres-|J¢n Asphal il Shod e S s e e men who have acted W Yo cotton |and grades with Congress controlling {| where. it is inconvenient and |! &8s . entation and demand of payment. in|Gen Bleetrle. ... Lo 200 U0 104 market today. The liberty 31:s held | ' Jituiiy™ and there may be some. | market showed a generally steady |the salary grades and delegating toll often impossible for them to || 0 ip o ae o cas purpose of in Y L% . made yester- | uuzh in my acquaintanee With ex e i e cxecutive the 3 zive person: e eir | = ash for the purpose of injuring the{GenMotors. ... > i 5 jarounc their low of d h in my tone during today's esr'v trading. | the executive the task of keeping the _personal attention to th: Toa e bank on which the checks were|Gen Mot 6% deb... 49 % lday in anticipation of a revision of | es b wat know them-—pun- | 1505 WHIE o e Ularity at. the | classifications up to date. He said|| holdings. : MEMBERS : “As the issue before the Supreme|Goodrich......... 5v% sy Income Lixes which will take away |5 fhem. onit et Cindiserimind e dare with May opening 5 points low- e S Our organization solves the New York Stock hange Court was merely whether. as a mat- | Granby Consol. ... 2l 24 some of the attraction of tax-exerapt ion.” r. as though influenced by the three | roclagsification bills so far jn-|| problem of out-of-town prop- SREW X M0 g ter of pleading. the plaintiff's bill of Great Northern pf. 71 % | bonds. Other liberty bonds were sub-| . Lo or four notices issued. while July was b 0 S8 e tciuded the Smoot and || erty owners. " Wo collect rents. || New York Cotiem Exchange mv&:zmi;:a"(d (e Chuse of action: |Great Nor Ore.... ¥ uh;,lanm..y o A e e B ‘;:2.,:"A"fiiyfn:rml OLhecjmonihs © 2lWood bills in this statement. saying see that the property is_oc ! N. Y. Coffee and Sugar Exchange ision of the Supreme L Noro. .10 ol ¢ ves ints higher. wsg? H ills wi ¢ cupied by desirable temants. [j v '*% L Yas not the final determination o:;g:}fg‘;&s;,d“ bt 9% | fact, the second, third and fourth Euturesiononed (steady; Mlay. 1256 e e at e Dimtein: woeover || Supervise repairs and keep the || New York Produce Exchange the litigation. and the case will now | fau SiHeRRtee - T8 e e D e ol July. 12.99; October. :ieTemplayen e Lt e Dt et e e et eiens conat 1 Biard g Tiod be sent back to the District Court for | Haske 2 . ) : vom. Sras YiSor L{14.00: January, 14.13 offered. jnent and “seve: uzel BOWS o] Chicago Board of Trade the northern diatrict of Georgia. for | LOUMONON....... Wk - W8 B B Wor L BN, o o overnmen | LIVERPOOL, May 15—Spot cotton | Ul the cost would be practically the Secause of our efficient or- !‘.mi.gg members of Liverpool Cottor : : Hupp Motors . sk 3% 184 & ment same as the cost of the Sterling and # appeal upon the merits. The opinion | HUPP Motors. . : i bonds was xtremely limiteq = dull; prices steady. Good middling, | 52Me 4 ganization, we can carry on this || Association i 1llinois Central ®'a w7 2 y mitea. Jap- Lehlbach bills. of the Supreme Court has not denied | 11Lin e % gni®nese 48 made w new high of 6%7% 8 fully middling, 8.12; middiing, | LRach BUS o] work at a reasonable cost. A i the legal authority of the federal{‘ndiahoma........ b% 6% L Bt i with the second 41.5 2 cise Jow middling. 6.12; good or- 2 letter will bring full detail . | Inspiration 3 W% 6w 6 i hi 8 At ¥4%, likewise ‘ : the various grades and salaries. Mr. Washi Offx reserve bank to collect checks on non- | Inspira ' ?. their high. Norway $s changed hands dinary, 5.17: ordinary, 1.42. Sales. 2.000 3 ;. o as! ngton ce er banks z cnta- | Interboro Metro... 4% 4% 412 4% L 0 . Meriam said he would prefer to leave member banks by making presenta- | inte M Sl between 1003, and 101, Belgian fs, [ bales including 1.800 American. Re- | pefiam sald he would prefer to = 3 tion thercof at the counter. but holds {InterboroMet pf.. M W% 133 13%! following the upward course of Be). ceipti, 15,000 bales. including 13,300 | 19 the il B St Main Floer.Corridor merely that non-member banks may | Intl Agr Chem. . Y% t's Y4 YAlgian exchange, rose a point to 4 ~ American. Futures closed quiet and| .The hearings were continued at 2 o . e |1 be entitled to relief if they can prove|intl AgriChem pf. 47 4Tz 6% 4% and the 7%28 gaincd 4 half point 1o Presi Robi Bi | steady. May, 7.90: July. £.22; October, | ©'¢lock this afternoon. i WOODWARD BUILDING, that the federal reserve bank delib- | intl Harvester.... % # 91% 91%| 0915 was a bett 14 fo %51: December, 8.68: January, 8.12 [anagem: ' : erately intends to accumulate checks | Intl Mer Marine. .. 18% 16 I8% 15 United RKincdom 5ies of 1650y resident Robinson Bitterly | March, 818 J y LEHLBACH HAS NEW BILL. | P;;T;:YYMA gN ent Phone Main 2040. ; and present them in an oppressive!inylMer Marinepl B4 b6% Bd% 6% . carried them up from last st e on ) . CHARLES R. ALLEY, Manager. NS : € B arEnt L S. May 15.—Better . 1. Ave. N\, . ager. manner for the sole purpose of in- e % wa e |close ¢ €31 L . e e Inanner for the sole purpose of in-|inulTruck 1stBf.. W4 s s | cloge 2 35 (0 56, | Raps Present Conditions as {33 it s, 3oy 20 o leter ] ides Wage Gommission for ‘ iintl Nickel. Tractio Slow Down. 2 feeling in private messages from Eng- Convention Opens land regarding prospects of settling| Labor Omitted From Schedules. | s {the coal sirike caused moderate busi- e Iness in the oarly trading in cotton| Chairman Lehlbach of the House representatives present from i I'¢38 i 3 i committec on reform in the civil nore than 450 separate transportation | The cotton exchange announced | S¢TVice today introduced a redrafted = of the!that. in response to the proclamation bill for reclassification of Eovernment By Fros - i employes. The schedules in the new Asso- | P¥ President Harding, making Mon- bach bill are the Same asiin the Al day. May 10, national Memorial day, | Lehlbach bill are the same as in the checks are drawn. i “As to the kcope of the Supreme|iBUPaper ... Court's decision. the court said: “The | {1VInCILIS G question at this stage is not what | ron Producdts..... 3l the plaintiff ma: be able to prove |151and Uii seeee Blm or what may be the reasonable inter- -l'zwelu':;-“; e retation of the defendant’s acts, but Kansas Ci ic uti e Whether the plaintiffs have shown | Kelly-Spring Tire. % 464 5% 455 iric 5 were in some demand at i £rounds for relicf if they can prove | Kelsey Wheel..... 67 ¢7 | Copper bonds were stronger. with _ Yesterday's brief spurt in traction | issues quickly subsided. and the Ipterborough Rapid Transit -5x, m.-l With S 4 |ieaders of the group. came down 9'a 94| nearly a ppint. - Among the other 7% Zis | DUDLLC utilities. Pacific Gas and Flec. I T T T T A R T o T Tt B I (B TRUST DEPT. 3% 3% Paid on Savings X corporations, the annual meet American Short-Line Railroad A day ] it . > ¢ - Chile s up a half point to 93, and | ciation convened for a two-day session | it \wouid oaed “a¥i | Sterling bill, now under consideration pEhatftney Aliege v .| enneeott. ..o 25 2 fthe a2 ke smoubeto 16 aitd Lt ihe See Wil Hoto) Soahs. aiso .,‘,‘.'éa?.firé'a,»‘\'x.'lf‘zé““‘ 44y @nd fpetore ‘the Joint committee. but omit ul to erve . “The Supreme Court decision will | Keystone Tire.... 15% 16% | American Sugar 58 were aor affects Bird M. Robinson. president of the | opened quict. May, 12.16:|the 1ast two schedules in the Sterling | not Interfere with the present check | Lackawanna Steel 5ota 50 80%1 by the cutting in two of Yhe dividend { organization. presided. and in his an 585 Detober 12.25: Dicember | DIl These are the skilled tradef A clearing functions of the federal re-iLacledeGas....... 57 bia 61 b51%| on the stock. They held steady at al report stressed the fact that the January, 13.38, “|service and the common and special- = e anks, and those banks williLceTire& Rubber 21 2zi% 21 zi%| 1o1. ¥ ondition of rail carriers in the United £ = ized labor service. Our Trus 1 diversit e i <pnupuc as heretofore. to collect|Ichigh Valley.... 8 % 65 64| United States Realty ix sola in one | Siit oratanily bt htn inuy e Representative Lehlbach, however. ur Trust —the most diversified hanking ¥ e amen "D"]"‘ ose banks which | |jggett & Myers.. 19 10 149 160 lock at 6%, indicating the same | other countr notwithstand- DAIRY MARKETS, introduces a new feature in provid- i i of individual = Are Hated upon the pirlist. Loews Inc L% 1% 16% 17 | quiet absorption at high brices which | ing private o structed the | BALTIMORE. May 18 (Special).— | ing for a federal wage commission Dept. Acts requirements of mdividuals, Dividends Declared. Loft Inc. ©. 2% 2% 2% 2%l has been in progress for months past. | most extensive and most efficient rail- | C Chickens white leghorns, 10a15; 15450; old hens, 3 18; duc] 2 . Springers, per pound, | to_ regulate the prices to be paid 5 Moung | unionized employes and other special- | o1 | ized employes from time to time. ‘bigeons. | In omitting these two services from Jthe classification the” Lehibach bil: | off. nearby, strictly|Provides “thal the compensation } e e R R ¥ | schedules shall apply only to civilian : DSTCozen ot “’""‘“"Iemnluyes in"the departments within Tesinery anty .| the District of Columbia, and shall o earbe Teysound. 34: 1,58 apply to employes in positions the S Tolls, 16420: dairy prints. | duties of which they are to perform. packed, 15) peary Prints.| assist in or supervise. _apprentice PO g o firms and corporations. n Telephone j Louis & Nash L100 100 101 101 | Railway bonds diu very little one |road system in t world, and not- . and Telegraph Compan have declared | Mallinson & Co. 182 15' j way or the other. Chicago and |withstanding the further L that @ quarterly dividend of 2% per cent, | Manhattan Elev... 4% &% Northwestern 6=8 had a further re- | these carriers have heretofore, and are payable July 15. books closing here | Market St Ky...... 6% 8% covery to 99%. at which ficure they {now, renderinz s ta lower cost bl S S La L T et Wwere "up nearly three points from | to their patrons than the railroads of Regular 21: per cent quarteriy has!Market StRy pf.... 18 their recent lo any other nation n declared on Mergenthaler shares, ) Murket SURY 24 pP. T 7 ‘Short Lincs Hard Hit. e 23 e oune 30010 shateholders ofluar_uwlysmru.. l:z. x:“ CAMBRIA PASSES DIVIDEND. Short lines. especially. according o] THLers= Toduy 'wEh on the current movement |iqdie States Oil.. 13 1% Cambris Steel Company tod: ot goin in the work of finding a so- | Lea?0i st A helpers: or Jonrneyesen. work in & rec Only E et 03 @ share. | agidvale Steel..... 28 25'n q icend foL. e Iution of existing problems. especially ognized trade or craftd and laborers mly a few odd shares of Capital share. This followed similar ac Rohe e e 6 rits —_— the Midvale Steel and Ordnance m.m‘.] hoge affecting thetriown ntercats, of all grades, except such as are un- Traction sold, these at Ai%, and 87%. (Minn&StL(n) .. 1% 13 3 g 3 ; & irecti | Mergent howeda lttic streng ey | Minn StP & SSM. B @ pany. which controls Cambra’ Som={ "In outlining the causes for the pres- | CHICAGO LIVE STOCK WARKET. |der the dircction and control of the in Every { Talk - finances with one of our officers at your convenicnce— new i business friends find ready welcome fi\ at Washington’s OLDEST National # Bank. & Capacity TRAVELLERS CHECKS for | Fiduciary ‘ i i National Metropolitan Bank : Mo Kan & Tex.... 2% a 4 Eaea z ent situation the official declared that | CHICAGO, May 18.—C; 5 custodian of a public building. in advancing to 120 and” which passed its quarterly pay- |0t Situation the ofticial declared ! . May 18.—Cattle receipts, | €U ! il i The only business in honds was one | Mo Kan & Texpt.. 4 4% ment of 50 cents a share April 6. [!D¢ American people have apparently |§.000; zenerally steady: top yearlings,] “The head of each department shall | . - 500 Ra e : fic.... 2% 3% “Operations S Brat Lo % 1ost their sense of justice in_consider- choice heavy steers, 9.10 1 - | allocate all positions in his depart- . | a7 0 Tatiway debenture “es | B0 Ha e ne T, ar, of CTSTT have Tmown x| Lubdtugid | i rosiro quetion. e e [ for Curtier Wenht gain: bk | ment in thelbinieict to therc sppron 7| Capital, Surplus & Undivided Profits Over $1,500,000 }| loss " the company ced. “The (N the past followed the cry that the | $.80: bulk fat she ate grade in the compensation. sched- . i Lk o Immediat trade oo e e rh¢ | ublie must he served. regardiess of | Dutls, Tarmety: s ine | ule. and shall fix the raie of compen- |8 15th St., Opposite U. S. Treasury—1067 Years Old 5 PASS DIVIDEND FIRST TIME. |Nati Biscoit pf.... 110 110 ising.’ the rights of the owners of the prop-|§.25: largely, fzation of cach emplove thereunder. | &l £ ) = g s 2 = erties, and during that period have ! ik stocker and feeder 81 6.7 uch allocations and rates of com-! s 1 NEW YORK, May 18 —The Republic | Natl Ln_Amel‘l‘n_’x.“ s:: b;:/: —_— ! i noliee o Testitcton. toluion. ceqcr slecrn b, | pensation may be revised by the bu- i jededaiet arpeiiel X’r:xn;;ux!d '.\(,.‘ (lm'"li ny today pussed ;l;all :l“:,'“ e - OIL STOCKS. i tent that they have prac Hogs. receipts. 16.000; fairly active, | reau of the budget, ,',,d shall become el e i nd e :'r;r‘:\‘nn.kt:-u:_‘_:flzfim 6 e Quotations furnisbed by W. B. Hibbs & Co.. rved most of the railroads,” i lights steady to strong: others mostly ; tffective upon their approval by N-d’ stock. dus 5 . Th ar | New 2 Bid. Asked | B said, 10c higher than yesterday's average: | DUre: o (uarterly dividend of 1% per cent on | N Y Air Brake.... 6 7 Angio-American Oil Co, (new).. 0, aps, | He criticised the manner in which 83 practical ton ) sso Bl Tin making pro ision for the wage | o Pwever, was de-|NY Central....... 2 4 Atianti 4 S Tully 250 higher, huly | commission the Lehgbach _bill ired, payable July 1. ¥ Y O 4., s This is the first time the wml]lhny}';-‘Y(x;:c:.s_lh-d Lys Borne-Scrymser (o, s 390 [during as “re Buckeye Pipe Line B2 3 4 " and said that the kless nd ex 130" pm U government operated the roads| 1 . 3% 34 res X500 pig 2 ble 8.7 i “That tne rates of compensation of ali | IS op rec T anah agv | employes to whom the compensation ! D nan sty ey SSeady | schedules are made inapplicable (as ex- (4 Las failed to declare a quarterly divi- | a Cheseborough Manu: 190 185 2 =~ 1y per e o YO INYNH&Hart. . 19% 2 Cheve 5 disastrous, for n Y 3 | aend of 112 per cent on common stock | N ¥ Ot & wrest... Mo 1 Costineatat OLLC s 1 a large increase inlsteady: shorn lamb. top. 1225 to city | Piained above) shall be fixed and read. | An l nusual Towtl o ? e i Norfolk & Westrn. » Cumberland Pipe Line 155, (Fates) the rovenus received) has' notjbutciiers, 11175 toipackers; bulk. 12505 | JUSted (oM me toime hyia board of { Z ! North America. ... 6% Fureka Pipe Lin wal | been sumicient Iimost (cd=ésitommetL no_wooled lambs ‘sales” carly: | cral Wage Gommission. who shall be ap- | : = 2 + SUGAR DIVIDENDS DECLARED. | Northern Pacific. . R Gleca.Signal olf Cov o e e ertionas | springs. 1375 best shorn|pointed by the President and shall hold | Less than a year ago the International Finance Corpora- |l NEW YORK, May 15—The Cuban- | Oklahoma Prod. .. o Tilinois Tipe Line (. 183 vent companies have rapidiy }‘4-';:.];:,':.'“1"n'fxb::(;:asl‘?n!Z,"1'6 choice office during his pleasure. One mem- tion. Washington’s commercial banking institution !l American Sugar Company today de. | SrPheum Clreuit. . to fisne R ive Lia B | progressed into bankrupt L 4 ber Of SUbH camas Nl hall be e opened its doors with business amounting to about clared quarterly dividends of 50 cents | P2¢ Dovelopment. 18% 164 ew York Transportation Co. 189 Scores Billn in Congrenn. mission is authorized to eémploy such $100.000. s o men vt 4 mhare | RS neon LA Northern Fipe Line Co.» Denouncing many of the bills in-! P. M. §. PASSES DIVIDEND. 0T .0 N alionable commensation Today it has close to a million dollars on its hooks. o erred stock. > v 1. 5 ; : troduced in Congress as not only NEW YORK, May I8 —The Pacific and to make such necessary expendi- ki : : The quarterls dividends on common | Pan-Am Pete... .. @ Blexican : menns bt amending the | Interatate el sl e e el e This phenomenal growth is all the more remarkable in : | Pan-Am Pete (B). 6 26 Prairie Ol and Gax ¢ : tcamship Company passed its | tur 3 ppropriated for by phe: g 3 2 previously had been $1. et e Tt e B irle Pipe Line Co.. . .00 commerce statutes, us amended by the nnual dividend of 50 cents to- | Congress.” « view of the gencral business slump from which we are X ng! o % 3 ning Co..... transportation act, but to add new and | . Six months ago 50 cents plus an recovering. ¢ Pennsylvania..... 35 3% Southery Pipe Line Co burdensome e upon the | uxira 50 cents was paid. = = 3 ol ONFIRMS MAXWELL SALE. { Penn Seabd Steel.. 10% 10 Bouth Renn, 011 G0l carriers, Mr. Robins a4 that a 2 The International Finance Corporation is not only ‘ DETROIT. Mich, May 15.—Unitea|PeopleaGas...... 5 sit Soaiimen wean. line ine o greal majority of thes bills wore ol movn ooy ruicks, | $9:000 Life Policy, $57.35| - paying NINE PER CENT on preferrcd stock. but is States District Judge Arthur J. Tuttle | Pere Marquette. .. = Standard Ol Co: Ioisee” SEnded topCIheE MLt I i ¥ YORK, May 18- Liberty bonds | AR #0. Send date of birth for iltustration carning more than FIFTEEN PER CENT ON ITS Today entered up order confirming the | 1’6T¢ Marapf...... 46 Standard Ol Co. Kansat.. authority lefc o T8 of th ORK, May 18.—Liberty bonds | and particuiars st sour age : valeof the Mawen soanfirming the | pere Mrq prior pr. 6% 56 Standard Oil Co. Kenturky properiies and to impose additional]at noon: 3las. 88.02: first 4s, 8 ROY GOFF, Inaurance Adviser COMMON STOCK. ™ Oil Co, Nebraska Oil Co. New York dard OUf Co. Obfo...... an & Finch Co..... jon Tank Line Co. burdens and rest ur tions. wecond 4, 87.18; first 4%s, 87.56; second further warned against the ac-igis, 87.30; third 4%s, tivities of lobbyists, labor union in-|41{s 87.36: victory 33%s, 97.76: victory flult»m|~» and political Sugitators, i 97.80. called on ti properts and dismissed petitions of | Phila Company... 4% 34'% certain first proferred stockholders| Phillips Petroleum 26% 26% Protesting against the sale. Members | Plerce-Arrow. ... 30% 30% of the reorganization committee of [ Plerce-Arrow pf.. 69% 693 oom 610 Woodward Iuilding. M. 340. E. H. Rollins & Sons- Here are some interesting figures on the financial growth of the Corporation which' speak for them- selve: Reading. .. 2 has reccived from them in per cent loan. 82 franes Remington Type.. premiums. a record unique oooo Daae 4s lining the progress of this Washington hnancial 3.95%: demand. 4.00; cab’ Darmstadt i1 Mein‘ger Bauk s times Nord L. Bank 11 Niagara Falls Power Co. ran the company. in compliance with the |PlerceOil......... 10% 104 himeion " ¢ RArcdl 1STasre A iReraae en oA nave, 1920 Business on Books Total Assets urt’s Rusgestion. entered an appear- | Pitts Coal . e e b and strongly at all times against such Feunged 1578 July 3lst, $95.551.33 $153.735.17 e B R BRI e e oREE eoine. forcea” 416 Woodward Bldg. Sept. 30th, 32511033 330077.56 L % stockholders. ressed Steel Car. 8% Z1G & S 3 = N | reesed sul Car pr. sl s Erire e P G0 i The Connecticut Mutual lSth::‘fl sg“,}’ D‘l;-zi“"" 630.790.31 72109991 Public Serv of N.J. 68% i ; ; o . C. i e PARIS BOURSE IRREGULAR. |juiliman Co ... 1o 1:0% Mbdcmatmos: P BEW YORK Life Insurance comp“y Phone Franklin 3463 March 3lst, 703.490.12 813.338.07 PARIS. May 15 —Prices were ir- | Punta Alegre Sug. 4% 467, Greater Barlin 4 1813 Gorman cov oe. 14 per, & - irregu- | 2 . 1] Bostn New York Philadeipnis ! April 30th, 94604767 103363074 regular on the hourse today. Three|PureOil.......... 34's 341 Hiremen & i1 Keu s 2 : HM(N{\ “i‘i‘nh” and com-! —has returned to its policy- | Chleago Deaver Sa3 Francisco i . lep] § Boolict out pe nt rentes, 57 francs 5 ce s, i G : uhlens : A sixty-day bills on S 3 A e T 2 S = ool it logt ‘F-i:vnan;:»rv-':\‘ u'm'«h.'_”«':: 'r;"mn;(m. Ray Con Copper W 14e ‘C;;o“: “‘“ “!r‘d,\v.v;l;:r ez o ACERlL b holders more money than it | It will pay you to write or telephone for a bo . centimes. The dollar was queted —Demand. 8.60: cables institution. 6% Gold Bonds 51 Dresden tx 'renns I~ z anes—Demand 9 R Stock v 1 §i ’ R s e dou i:{::l]fi:fl:;l;::g]fl- ;:_-:q'.;: e A '((-m:,‘.,"'nf'..‘}.l: «“ Toe i e Domend 850, ;;r:g:g Life Insurance com- Due November 1. 1550 Stock may be bought on the deferred payment plan. TR e Rep Iron & Stl pf St lonna 43, 35. re—Demand s. Price and Interest = BAR SILVER QUOTATIONS. Rep Motor Truck . Vrankturt o, 5.8 Marks—Demand, It offers a thorough Edu- To Yield About 7% E L SIOCK & (AOMPANY NEW YORK., May 18- Bar silver.|Royal Dutch...... Frankfurt S ;; 0. ‘n;-'wl lfi':""m e = cational Course to its Repre- [I| flg:"wltlfn gflw : as ’:r 'ht-; 8! o atic. 98, > forelgil. 69 X Sth & S ro 2 emand, i orwuay—Demand, s S : offering will be sent upon request .o e s S e SULE Sdn s fonch tieeai i Argenting — Demand, aiaz ||| Sertatives. Jor cireular M-167. Investment Securities tish vic LONDON, May 18, —Bar silver, 33'2d | St Louis Southwn. per ounce. Money. 5'a per cent. | St Louis Sown pf. . count rates: Short biils, 5'z per cent: | 3anta Ceeilia Sug. ) three months’ biils, 5 11-16a5% pe avage Arms . ~eent. mburg 4158 Koenigsberz “4u Leipsiz 4'as. Leiprig Ox il Brazilian—Demand, 14.00. Montreal, 103 per cent diseount. E.D. Samps: en. Agt. vernment bonds easy: railroad pEon, G bonds steady. Time loans steady L]INY days. rinety days, Sixomonths Main 736 734 15th Street GRANT F. CHASE, 1125 Woodward Building [{! Public Accountant and Auditor