Evening Star Newspaper, July 18, 1921, Page 18

18 FINANCIAL." THE EVENING STAR, WASHINGTON, D. . C., MONDAY, JULY 18 1921 FINANCIAL. 1,250 cars, the largest number in a "!_EAR'NB HUUSE NEW YORK STOCK EXCHANGE ’ TODAY’S BUND PRICES Grai 1 . rain, Produce and Live Stock|iw ime "neva s ! ; / 9 4 f eceived by Private Wire Direct to The Star Office. Noon prices reported to The Star over direct| Sinclalr Cons. 01l Corp. 7l%s 192! 1 N 3 » vantage also from reports that, al- K 5 ‘ashington wire by Redmond & Co. | Nouthern Pacific 1at ref. 4 7% | LOCAL WHOLESALE MARKET. GRAIN AND PROVISIONS. though black rust infection was gen- Open. High. Low. Close. | Open. - High. Low. Olose Houthern Pacific conv. 45 4| pegs—Strictly fresh, per doz., 34a35;| BALTIMORE, July 18 (Special).—|eral in Manitoba, the crop Ly ATasKa Tno % 1% Westhouse E & M.. 434 4% &% &% Fouttern., Malleny (oo average recei | Potatoes—New, per barrel, 1.00a3.50; | 4a¥® early and could be harvested Allled Chion o Wheeling & LE.. 8% 84 8% 8% | Unlon' Pacific at 4 per 1h., 18 e e 4 in time to prevent serious loss. Oper- Allis Chal % 0% White OIl. T ™ T T i v turkeys, chickens, | P€r bushel, 40a1.10. Beans, per bushel, | ing quotations. which varied from 13, Allls Chalmera bt N e willys-Overland.. 7 1% 7 74 |U K. of G. B. spring per Ob. '34a42; hens, per lb.|1.00a1.60. Beets, per bunch, 2a4. Cab- |lower to % advance. with Septel Am Agr Chem. -+ 6 %% Wright Aero LTI L I I R i e 30; "k chick: | bage, per head, 4a10. Carrots, per | 13000 (0 L3] HoQ Qepemaet LIV R Am Beet Sugar. =% 1% Kincrican fel s Telgn. com e bunch, 2145, Celery, per dozen, 1.00a | arqund and — th mething ot " - 5 L it High. Low. Last. |Amerioan Tol and Dressed. - poultr: 15 o d b o ;‘und and then something of a . dlas, 3 Corn, loze ad0. “ucum- | ri V. 5 . 123% | o Atlautic Hefining Co. 63 1931, turkeys, 38a40; keats, Der basket.il Lima beans, peg | gether with rain reports. induced a nation Return—Settle a Suit. 18Y% 18% 11am..... 102 500 T nd Ohio conv. 4 SHORT-TERM SECURITIES, 75; chickens, winter. per b, 3 | Lettuce, per S @csl of wheat selling Inter ang % 4% % Tipm 204 400 by Redmond & Co.) Pork—Dressed, small Onions, per 100 pounds, | 5 jjkewize did a big increase of the . : e RS & (Reported by Re 7 ¥ per bushel, 3.2543.50. | yisiple supply. The market closed Financing Plan. 0% 10% 10% . oot A ok, TERLOD: o5 ““,!:‘r'lhvn v, 3 1o 4 net lower with Septem Bl'e Bl atoes, DEF | per 1.27 to 1.27% an cember 1.31 BY L A. FLEMING. D st w82 (Green Fruits—Apples Apples, mer barrel. | (671 5% The Washington Clearing House As-| Am Linseed. 284 ::; e e U aloupes, | WHEAT— Open. High. Low. Cise \ciation, acting under a resolution fiflmfi_‘" 80 22 . e Tovacte O Callfornla oranges, per crate, el Wpr“qu:‘rslk’llvlz}s g T Den 1357 13%% 131 131 s 2 2 % 23, | .50; grapefruit, per crate, 6.00a8. P A uckleber- | o russed last January, is calling on all |y, safety Raspr e 4 o Cht., Ml and r merican_ 7e 1923, Poaches’ ber erate, 2.25a3.50: bla ries, per quart, 20a25. Peaches, per 6% e SI% Ay ‘mber and associate banks to fur ¢ 8% i con Ao & Tos - oz ] ) b nish to the committee on bank ex- :mghiD&Con ,::; a:». % Chlea, .\ka.;nl...-..mn Tn 1930, ethiehem Steel 7% berries, per t;unrl 16a30; ]rnspburrle m“ml;';]‘:num;v:-'r:;urr;.rtzlf: a2% .63 0% .60% - m Smelting. ock Island Steel 7x 1023, per quart, 25a50; c¢antaloupes, pe erries, per quart, 25 e % jminations. | of ahich MeTSt the |Am Smelting b o aundinn Pacifc erate, 2.00u4.00. Watermelons, each, 25a65. BT Dhn "port of the last examination of each | Am Steel Fdy.. 2 ol I bacinc e 19 por BoL D E0at 00; Jerpuce: nearby, per Ye sl e _ - . nstitution, made by the examiner 8% NEW YORK, July 18.—Of the new & St. Louis #e 1929, 154 DOF bbL. 2.50a4:00; Jetsuce.cnentby; pey L B 8 L g . Co O, & St Lovls S ot 2 crats, 75a1.25; New York lettuce, Der Dushils NoL s roa on :;";ni('utrf;:“:_’;}ke of the controller of = issues brought out today the $4,878, . i | of Mew Nork 0 * 1008 crate, 2.00a2.50; celery, per d ToAD; o4 ned woin o, Spot, AASN R0e Most of the larger institutions have | Am Tel & Tele +|000 State of Californja 6% per cent s Re “opirer el :: Romaline Iefl;l_ce. 1.00a1 e 2 red winter, garlick. de response and many of the sav- | Am Tobacco highway bonds were promptly taken. bfings. per crate, 72al00; spinach. peri July Wheat, 129% per buj August, ngs banks as well. o Am Tobaceo (5). whils the $7,000,000 Rochester Gas kin Co, 130; pens, neatby, por bbl., €.00812.00; | "X es_Bag lots of new ‘wheat, i A.A.Hom&co- o sentiment received greater ap-|Am Woolen. ’ 7 i ) rich 7% 5. 5 o ieat, slause at the last convention of the | aAm Zinc & Lead |and Electric 7, per cent bonds did no orporation 7s 133,01 " |ghione, 1.25a175; cabbage, per crate.|to quality and condition 20 Broad Street, New York | go off as quickly. Well along in the un 75 1030 984 12.00a3.00; eesi. 10a250: 1.15, 1.1 and 1.20 per bu. P plant, per crate, 3.00a3,50: tomatoes. | o Xo. 2 red winter, spot, at 1.45 per 1.50a4.50; asparagus, per box, per doz.; sistrict Bankers' Association than the suggestion by Examiner Coates of reported that the Anacond The Cali- Asso Oll per Goz. bushel. Cargoes on grade. 8 aflernoon it wa latter were still for sale. Members of All 15a50 78 1923. New York Central t Copper Tn 1930, 1.00a3.00; corn. beans, 7.00210.00 per bbl. red winter, Cleveland. that the District of Co- |4 3 2 3 Y e tehison . fornia securities were especially at-|New York Telephone Ga. o y y 2 lumbla should have a private bank|iianta Bir & Atl. tractive because of thelr being exempt 1k and Westerr Eter & Gomble Ta 10321 garlicky, red winter, ing Exchan : from all federal income taxes. They AR A s garlicky, X red winter, Leading ges ARKETS. icky, 118; No. 5 red winter. Atlantic Fruit Co. Atlantic Gulf. Orders executed on a strictly commission basis, in stocks, bonds, cotton, grain, sugar, coffee, cotton- seed oil and provisions. Orders also accepted on give-up basis to any mem- ber of an exchange of which we are members. Washington Office Main Floor Corridor The action taken by the clearisg house gives to its committee the ranst recent examination data of each in- stitution, and is practically placing t its disposal important informa- ion by the examiner and gives the net results of an examination with- out the added cost. With the pledge of confidence given hy the Clearing House Association there is no real reason why there should he any objections to furnish- ing the information desired The by-laws of the organization zives the association the right of a private examination, but in this in- stance, a duplicate of the national bank ¢xaminer's net results is asked. Settle a Suilt. It is understood that the Metro- politan Trust Company of New York has compromised the suit brought in the interest of the note holders of the Washington Utilities Company for the unpaid balance of the $1.480.000 defaulted notes. will be recailed that the coilateral back of the notes, 27.500 shares of Washington Railway and Electric Company common stock, was bought in by R. N. Harper, rep- resentinz the protective committee, 5.000, and the suit was for the out at prices to yield as high as 5% per cent for those coming due In 1928, down to 5.40 per cent for the 1936 and 1937 maturities. The Rochester Gas bonds. to run twenty- five years, are offered at 96 and yleld approximately 7.35 per cent. It was announced that the new issue of $5,000,000 city of Philadelphia | 5% per cent fifty-vear bonds have been awarded to a syndicate of four ew York houses and one Philadel- phia house at a figure of 104. 39. This was the best bid out .of quite a field of competitors. The $1,500,000 Spicer manufacturing ten-year 8 per cent sinking fund gold bonds are another new issue just coming on the market. They are to raise funds for new working capital and for the redemption of $600,000 6 per cent notes due October 1. Regular Market Steady. Bond dealings were very Irregular in the market today. There was some less activity and some evidences of reaction from the keen buying movement of a week ago. Still there was no weakness and the setback from the recent high prices was not at_all marked One of the features was the further recovery in Cuba Cane convertible s, which at 62 up nearly 5 points from thelr low. re put BALTIMORE. July 18 Chickens, alive, springer white Leghorns, 30a: a3l: old roosters, 1. spring ducks, 26a32. 35a40. Egge. loss off—Native and nearby firsts, 30; southern, 2. Bufter—Creamery. fan: 42a44; nearby 2§a30; rolls. 2 2 process butter, 30a CHICAGO. July 18.—RButter—low- er; creamery extras. 40%: standards, | quotations, 35e39%; ssconds, 0ads. Hay—Prices nominal ower: Teceipts, 11,346 cases: | Srivwr N1 renal ¢ ] 2814a29%: ordinary firsts, ., L staigld «ve, nominal 26: at mark, cases included, 27aZ8. lght _tve, nominal; No. Poultry—Alive, lower; fowls, 28; L A860; No. 2 faasedorve. protiefs, 2sa3e; 00; No. 1 oat, 13.00; No. 2, CHICAGO LIVE STOCK MARKET, |7 Guotation. CHICAGO, July 18—Bi, i 8.—(U. S. bureau y g receipts o G T e Rucripts, 16,000 | E&ve & downward swing to wheat | head. Yearlings and choice handy weight Prices today. Arrivale here totaled steers and bulls, 15 to 25 higher; beef steers, slow, about steady : prime, 1.03 pound vearlings, 9.75; buik beef steer: 7.25a8.85; she stock, steady bulk fat cows and heifers, canners and cutters, mostly bulk bologna bulls, 5.50a5.75; bulls, largely 6.00a6. (Special 1b., 34ad old hens, Ducks, 22a26; Pigeons, palr, 1 C'ob, new, yellow, 3.80a3.85 per to 20 per bbl. lower arioad contract corn, spot, track corn, yvellow, No. $ or bet- ter. domestic, §0. ales, 217 bushels of No. 1 white at 76 per bushe Oats—No. 2 white, 50% : No. 3, 50. Rye—Bag lots of nearby rye, quality, 1.0041.25 per bushel; straight rye nominal: No. 2 export, #pot, 1.47% per bushel; No. 3, no mortgage 413 4n 8t. Louls and San 8t. Louis and S 2 . 877 | Texas Co. Ts 1023, 8t. Louis and 8an Fi S 8 Union Tank Car Co. 7a 1930. M) 930, Beaboard Air Line refdg. 4a. sternElec. Tx Seaboard Alr Line adj. Bs. Westinghouse E. & M. 7« 1981. NEW ENGLAND TRADE BETTER, BUT FAR FROM SATISFACTORY Banks Buying Bonds in Volume First Time in Years — Proposed Tariffs Objectionable—Other Sections. BY EDSON B. SMITH. retail, centers. One wholesaler de- clared today that $500 would be the Special Dispatch to The Btar. | tor | top price for ordinary fur coats this BOSTON. July 18.—Business condi- | vear and that sales of garments priced above that sum would be few. Rarnsdall (B) Beth Steei Beth Steel . Rklyn Rapid Trn. Butte Copper. ... Calltornia Pckg California Petrol.. 8i% Canadian Pactfic. . 109% Case Plow Works. 4% tral Leather .. 35% Leath pt.. 0% prin St pf.. Chi & Norinwn ChiR I ChiRI& P Chi St PM & O. Caila Copper. Chino Coca-Col Washington's Oldest National Bank It Is As Essential —that you have a Banking Home as butcher 5 ; veal calves slow, early bidding lower; stockers and feed- A Col tiraph pt. Comp Tabulator. Cons Cigar. ofNY The compromise was effected by the turning over of $50,000 Washinzton ers slow. and Virzinia notes, a matter of ques- o The buying In this instance was Y Tlonabic value, but in accepting the Cons Intl Cal Min. e pelle buying In this Intence ment|tions in New England are a shade |priced abo B Ao, e siots, (4000, heils Batter notes” it “wag’ 4 case ol Hobson's v Dased BDOn e T on indicated | better than they were & week ago| NEW YORK. July 15.—A stir has| oGl lights and medlums active. 15 2 home to live in. Modern existence, <hiolee for .br;p krvmgl inants. - e by the jarger volume of business and | although the situation still is far!Dbeen created in the local raw fur|i, 25 higher; others slow, steady to A g o DiE Dlock of common stock 12 iy the higher prices for both raw andfe. " o e iively satisfactory. The | Inas o Dusnir sori ot large offer- |pigher than 'Saturday's average: top. convenience, safety demand it, , oo S 0 be made 5 : 75 i i i 1 refiuga four largest Boston bass pahl off | privately and at auction next week in | Lo g‘;';,;m‘f‘",;,,':"“‘;“m’,,‘?;%“;““,;;,‘; whether or not you are in business. still held intact by the ’ Ne Important Changes. leipzig and London under direction | Adequacy of equipment modern- s committee. Some of the | Cuba Cane Sugar 9t express the belief that the | Cuba Cane Su pf.. 2% ioaysat 86 GWaFe loft & fraction;] Loay-nil the{r loans troms the federal | e eentatives of the sovitt sov. |steady to strong. common stock will be very valuable | penv & Rlo G pf.. 2 while other active industrials, like|reserve bank, which, at the peak, a%-| crnment. Sheep——RnceIEm. 24,000 head ; opening ness of spirit and permanency rank if the Court of Appeals decides in fa- | pome Mine: 6% Armour 4% per cents at 78, Midvale | gregated $105,000,000 Banks are slow; lambs, 25 to 50 lower; sheep e Yor of the Potomac Electric Company | gl Horn Coal. 7% Steel Ss at 76, Westinghouse 73 at|nuvine bonds in volume for the first Sitaw i ey oty e, high among the many reasons why A he rate per Kilowal Y ' = \$ c .25 3 s gl i i asne the | $2.000.000 mow | merson-Brant... 4 & To'ns 193% standard Oil of CAIOINIA | | me 1n vears. Woolen mils are very| NEW YORK. July 13.—Increased de- |mostly 6.00; bext light fal nat The Metropolitan has remained the ‘row to the company. L 12% T O T ftasour Pacific gen- [busy and some actually are behind|mand for hats of wider brim, witn|5.00: heavy and medium weights, 3.5 banking home of successive genera- e il “4s went below 53 again. Balti- |on orders for fall. The openings for|h,ung and crown in proportion, is be-|*% tions for over a century. Your ac- This large sum is being arning inferest, invested in_ Treasury certifi- cates. liberty bonds and certificates of depesit, and is being added to daily. A decision should be handed down soon. with the chances for the Supreme Court being the final arbiter in the case. Sugzest Financial Plan. An alternative to the plan for fund- ing the government's expenditures on railroad additions and betterment and advancing the railroads the cash spring goods mre expected to held within the next week or two. A better feeling exists in the raw wool market, with demand for some of the higher grades in excess of supply. count is invited. 39, Paid on Savings Accounts National Metropolitan Bank Capital, Surplus & Undivided Profits Over $1,500,000 15th St., Opposite U. S. Treasury—107 Years Old Famous Players.. Fisk Rubber Freeport Te: 3 Gen Asphalt Gen Asphalt pt. n Electric. Gen Motor: . Gen Mot 6% deb. .. Goodrich . Great Northern pf. reat Nor Ore.... Gulf Mo & N pf. lieved by hat manufacturers to pre- T ST sage popularity of that style for next| PARIS, July 18—Trading was quiet year, and manufacturers are concen-{on the bourse today. Three per cent trating on the large models. rentes, 56 francs 60 centimes; ex- change on London, 46 francs 50 cen- times; 5 per cent loan, 82 francs 70 SCRANTON. Pa., July 18—D centimes. The dollar was quoted at the difficalty of moving certaln sjees |12 francs 861 centimes. in the market, the anthracite col- — lieries are still ‘operating steadily ex-| cept where suspensions have been necessitated by labor troubles or need more and Ohio convertible 4%s, which sold last week as high as 69, and left off at 68%, came down to 67%. St. Paul 4s were off nearly a point at 65. A large block of Union Pacific con- vertibles sold at 83%, as against their last previous transaction of 84. Liberty bonds were slightly higher. e — 87 L 1% A% 10% Tobacco Men Worried. Coal. Tobacoo growers in the Connectlcut valley are worried over foreign com- petition, as large amounts of tobocco suitable for wrappers are coming in CURB STOCKS. Quotations furnished by W. B. Hibds & Co. on account of compensation—8500.- | Guif Sates Steel. . Bt BRr3 | from Sumatra and Java. driving the $90000_by an srrangement With the | Hesklil & Earker. Aetna Explosives . . 127 “"12% | price of the local product down. of repairs. ) = Over a .unr!“ nflnn'ce “:.nrpar;?llum has been | yomee Mg Allled Ol 4 3 New England is up in arms over| MINNEAPOLIS, July 18.—An in- suggested to the rallway ' executives i il oNolors. .\ 8% 2% | cortain proposed tariffs In the Ford: |creased frelght fate of 13% cents Quarter h“{" ment officials by New York | pib® 00y 7 2 2 ey bill. m,m:,). “,;,d,, on ,,}.‘L which, :?e&nhh:m:nm%sl conl has go;l)e into of a . 81 it is estimated, would cost the manu- etween this point and Duluth, . ~ Tt i proposed that a securities cor. | {ndlahoma ’ o I In emtimated. o Nt this section §5.- | despite protests of shippers to the Century Capital and Surplus ruuinw aebentures which m&urge’;:-fi Interboro Metro. 1 000,000 & year. and the tarriff on|Interstate Commerce Commission. Experience 000.00 T Furaishiak the: oash 1o settie 2 hides, which also Is extremely unpop- h $2,000,000. ettle | Interboro Met pf.. 1 in Propert: with the railronds without an addi- [Int] Agr Chem. ... W% ular. B _ Metals, perty || tional !l:’l",l:rflnrlat:on, T o | 1ot} Harvester. o Busl S| in Fri AN FRANCISCO, Jluly, 18—Tne i Manage- | rnment, under the proposes ri " . ornia Metal ‘rades Association m o plan. would turn over to the new I e N atine oF BIUER usiness Slow In Frisco; has snnounced & wage A aaociation ment EN. city homes corporation the railroad and other ective August 1, affecting about fift invitati securities now held against advances g:}fi:‘;‘::‘ 2 Money Somewhat Easier classes of &lurken and averaging 10 YOUR APARTMENT are an invitation to the - . . er t. Vi 14 2 3 5 BY LYNN C. SIMPSON, per cent. Wages of about 25,000 men thief, so rent a Safe Deposit to railroads by the Treasury and would also turn over the funded obli- gations it Is proposed the railroads Invincible Ol island Oil. The success that you have Box before [oing away. Special Dispateh to The Stir. EREF & should make over to the government |Jewel Tea. : . SAN FRANCISCO, July 18.—Busi- for the latter's expenditures on addi- | Kansas City Sou.. 3 S SAY alow o most lines 1n this ter- ANACORTES, Wash.,, July 18.—W1 from your apartments de- tions and betterments during federal | Kansas C Sou pf... Durant Motors 25 | ritory, but money is somewhat easler.|gocpeve salmon are bej l:n)m ) hile T A box large enough for control. Kelly-Spring Tire. Elk_Basin % 5% |Labor troubles have operated to check | poar, it wil] be two —ehiang oD pends largely upon the man- K > 3 g R e ; Croesus, 30 | truit men, as a result of damage t0|pe a really big run or not. On_ the 8 i and other small valuables can be rented here at an annual cost averaging less than two cents per day. 2A Travelers’ Checks for Vacationists crops from unfavorable weather, are receiving less for their products than was anticipated. Bullding has been partially resumed on an open-shop basis, but construc- tion work is not active. A lumber Frazer river the catches have been small. 3 portance to you to know that ' they are in the hands of an experienced and efficient or- The govern- these st this collateral. would then dispose of debentures. Local bankers, commenting on the proposed plan, declared that federal the easiest possible/ & 3 Beans. DETROIT, July 18.—The white bean Manhat . Market St Ry pr pf. : & 3E2ua Riuloluonon S8 EE2uof financing was financing; that there was any amount | Marland Oil. 1 -lcrop of Miohi [t izati of money at the command of the gov- | Mexican Pet 107% :'6 : ;‘m‘t':-'ah::oc;::;gr‘:u(‘:aol;emt!ehe'l‘l)‘:l:;e wnsm“ o “xlpn“ .ee::“:."m‘xu:m;(‘.; ganization. et ™ ernment and therefore no need for | Miami Copper 2 I 8 | Ber e o Ra e In the ship strike | tlon of 2,496,000 bushels {s anticipated . financing” of the character indicated. | Middle States OIl. 10% 3 8, | hipe were tled Up I O " T | this season Erown on 236,000 cres. We have worked out an 3 5 - The pian proposes nothing but a gov- | Midvale Steel. @ SR | ang Ve ough other vensels have e > Nahonal savm S rust 0. ready walting the pleasure of the 1% 1% 2‘1’ The bean crop;llll be 5heuhxhfl_’fi!| ST. LOUIS, July 18.—Prices for we shall be pleased to go over & . 5 . Seeretary of the Treasury. s 20 |in many years. Rice production willimen's clothing have been reduced ap- ; i i 55th Oldest Savings Depository in Washington ullins Body - 18% . 18% Jasma, Coppm fi be heavy. but there has been a heavy | proximately 25 per cent, but the in- with you in detail upon re- Local Securities. Natl Cloak & Sult. 5% 2% racatbo Ol . .. | leave-over from last season. which it |reased volume of business promisca ? Year Corner 15th and New York Ave. flr;‘ toda. xz“ses;:nn!nl fl(|}e local stock | N Y Alr Brllkt . :;K :v. Merrit Of . 8 movl'ng"rlowl,\i.l hThe “rh-nneld :ru to bring the revenues to manufac-[| quest. exchange. Washington Gas 58 were | N y Central. Midwest Oii " com. 3 | Pack will be light, with only two-|turers and wholesal firm at’51% and Potomao Consolidated | ¥ Dock. 30 9% Midwest Ol pfa B Ipask Wil e L L ey The spricots | eaney Toial aaened in tha: Sstinel ; Bs steady at 85. Norfolk & Westrn. 8% £8% Midwest Refining 135 |and cherry packs were small and months. | B F SA‘)I. CO There was mnothing doing in_the|ngren America. 59% 59 Mecatin, Freg 8% | peaches are just coming on. Ship- o Lo g .‘,'.‘Zf“.'.!;"fl.‘fi:&"i‘fifn;2"{:"q3:t"-" Northern Pacific. . 2 % 15 |ments z;ltl b{r:z;h l‘}’:::cvt‘::i( plums and Sugar. i = a a 4% | pears will begin FeLi: DETROIT, July 18.—) Prépe tions. 3 y 18.—Michigan beet rty Management SIXper cent was bid for call money | Qklahoms Frod; o i 3 to Accept Cut e Ay it and t asked. - N 0l 12 Ances Fiusncing Cotton Crop. giiaStest. . Wl o | S 1% Refusal to Accept Gu | conts s Touna in price %]l 934N.Y.Ave. NW. $3,636.23; BUT HE . | Pennok Of1 - Five governors of federal reserve | PACC 00, o g Terfeshion e s Keeps Texas Miners Idle | ' y090.405 districts, where banks are accustomed a « 3% SAsES R RECORD. Hides. 1o, 3id It cotton finsncing, have been % 2% H BY 3 July 18—It is reported ("= = DREW OUI 55,350.09 notl to appear before the eral Special Dispateh to The Star. t] Ce - Reserve Board tomorrow (o attend & e ’:, ORT WORTH, July 18—Hope of the e booken. et ot e E Q U I T A B L E e e e e s 1 E,, | immediate reopening of the Texas coal| hide e ket by o B oy o 3 : I That was the experience of William A. Davis of Anniston, I ber bankn 15 the fedeval reserve B m 32 [ months, was Tost,today when miners re- | cline to confirm or deny the repor Co-opmh!e _B\Ifldmg Ala. Wanting the largest amount of protection, he took his in- eystem’ have received three . forms me 1% 3 | fused b oo have beon runming at Association surance at the LOW whole life rates. But he was fortunate in which they are asked to use exclu- 8% 18 % ne. . - “Setes : RS rively in obtaining credit information l-,r 7 e i R e 5% | loss, offered lflz reomlnfllhvmx:g-i‘l:“l les ) Organized 1879 ha\mg'hxs policy with that big, strong mutual institution, The from borrowers in sums of $5,000 and 2% 8% Tonopah Divid K3 e e Feale at Thurber and 2 41st YEAR COMPLETED Mutual Benefit Life Insutance Company of New Jersey. over. -16 e et membes 5 o 3| from 3286 G0 3L ovnts, and o e | P AR 121 Result: Large annual dividends, which he left with the com “banks free of charge. uctio 5 - f sult: , - < wX 2% 3% fion in the day scale from $7.50 to § Y 2 > S o ;: o ,.;f:',fi:&"fi'.;\“.‘;f.r;:x:.;fif.,‘g"{’h:"fl'._ 1 a1 81 e br 1516 | I e ound labor. The United Mine Net Interest Systematic Saving Leads pany. Last year they notified him that these dividends had formation, based thereon, could not | Ry Steel Sprpf.. 100 10 TN s,,':,,,“‘“.,,“',&"‘ 19 | Workers representatives r@(\fix;d. Avout - to Great Accomplishments changed his policy into an endowment and in addition to 32 years + Jusihenvalugtles tontinakdCeaiciin: Bw e nited Retall Candy o LN i e i First Mortgage Notes —Bare ax you earn, and sou will begin life insurance he had a clear gain of over $1,700 on his investment B 8 Warren Bros, 20 Retail and manufacturing business in B0 BT Gt S We write these policies as small as §500 or as large as $100,000.00. MONEY AND EXCHANGE. Reading 2d pf ® » 0 Cos &3 |this part of the country Is fair, with & sjoo ssoo sl’ooo S Tater, T T i Let us send our free booklet, “Endowment Policies at Life Rates.” NEW YORK, July 18.—Prime mer- | Replogie Jteelc S Better fosllng. 10 e e, Feaniisce Absolutely Safe Subscriptions for the P. H. TAMPLET, General Agent. Special Agents: Frank D cantile paper 6%a6%; exchange weak. a eh OIL STOCKS. mumber of B have been idle will re- A . H. TAMPLET, General Agent. Special Ag : s s,t:lrl‘ingls:xkg-daym?lfllu ana com- “‘ o Quotations furnished by W. B. e "work this week on the Texas Geo. W. Linkins 81st Issue of Stock Roach and Dwight T. Scott. ™ al sixty-day s on banks, i f the company. 171 S 3 commercial sixty-day ~bils o% lines o rth and 9K st Being Received Suite 31, 1425 G St. N.W. Phone Main 2277 lo-American Oil Co. (new).. Production of oil in the north an 2 uite St. e one s 3603 | Seaboard Air Line o o Aatie Hefning, Lo .ot west Texas fields has dropped 20,000 EMIEty-Ave N eara: of (OALSYT Shares, $2.50 Per Month ’ Belgian francs, demand, 7.5 Sears Roebuck. [ Buckeys Fipe Lin Barrels & day since the cu redwetion Y S T 7.57; guilders, demand, 3 Seneca C 5 18% Cheseborough Ma: levelopment. A i M 4 Per Cent Interest sios: firs, demand, 4 Shatcace Aeisona. ¢ 7. Ws o ol ol erm feintet el Money to Loan Crescen! S i 3 L, 5 marks, ~demand. Sinclair Ofl....... w4 19% it Pige e B uing of the summer and 230,000 | $50.000-7% nteriat, 1n sums of $1008 1oo 8. EQUITABLE BUILDING ESTABLISHED mand, 20.90; Norway, demand, Southden Pacio-. i SO Eureka Pipe Lin barrels early lust spring. seph I Weller 42 Wasb. L & Trast 15 F St. N El Argentine, demand, 28.75: Brazilian, | Southern Rallway. o Galeas Mignal (01 o o SPEL 2. hide.. Otb and ¥ 8.8 915 . NW. 1889 demand, 10.50. Illinots Li i IV e JOHN JOY EDSON. Presi Montreal, "i2 per cent discount by e, Indiana rfi. x;lf:.“ Commodity ‘Rep‘orts Secti H. FRANK P. IIEESIDE.HS::'-; Government bonds steady; railroad N ransit alde ~ ? 2 bonds easy. Time loans steady. sixty 3 Wh From Various Sections rs of davs. ninety days, six months, 6 per e L Steel. B 1 2 8 cen — sk W CHICAGO, [du 18 The. Lifal € glan S THE value of a business man’s time Baltimore Live Stock Market. pin ;:: :‘Q 5:57.-‘,— rPE0%0 tons of girder rails is gauged in dollars and cents, BALTIMORE. July 18 (Special) - 1% 18% e o e Meago strect rallways. [[| and every investment house in : e Caltle—dkeceipll a“l"!’a :eedk en|dea' 6% B8% This is the first "b“armm ‘m-aer or :’)t\eye'z;xa?l‘;i;;l;‘-!n; :ll:::'ll. “; and—time is money. He demands noon today were 3, ead, agains 3 d so far this season. o serv vani 1.743 head last week; receipts, 93 & % .“l'é'flfi.‘;g?'.':rge"f.%.n orders have been redemption dates in this week's . S efficient ice not because of ity carloads for market for week, 45 car- ‘lwfl;. l::’i % | Dlaced recently. 5 —not only a promise, out or pride, but because it represents o 15 e 38 lower on heavy ® % NEW YORK. July 18—Rallroad ex- Barron’s an established fact when to him a saving of precious hours. { 5 i te: H 1i h: ecutives on a number of roads de- : : 3 e iy Dot i clared today that they belloved it The New National you "’"-’ft o Visualize an investor in o :::rn. [ Steers—Choice, 8.25 to 8.55; good 006 08 would be oheaper for the roads to . o Mortgage Loans. He receives: from butcher, 7.50 to 8.00; medium, 6.50 to T - farm out the repair work on cars to Financial Weekly. FIRST TRUST us a check promptly at every interest “holce, 7. 0 7.50; fair to good, 0] ' . S to 7.06; common to medium, 480 to | Uniiad Fetal Sers. . OUNGSTOWN, Ohlo. July 18—Tne |[| Ordlnary bond tablel show NOTES deposit it at his bank, or, if in- . 6.00. Bulls—Choice, 5.75 to 6.25; fair | U8 Food Prod.... 1% 164 FOREIGN EXCHANGE. Youngstown Sheet and Tube Company e O I all redcemable 3 structed, we will even attend to this ;«:“f:od:. !45.15137 s..gg’ common 23 me- U 8 Indus Alcohol. :?’% :;'/- Belling checks—Doliar valwes at noon today: | today went under a raflflce'go wage at 107%. for him. No collecting, ‘r.om wozr.v 'l’:, , 3. .50. s—Chol scale, which provides pay of 30 cents INTEREST his part. We attend to e detail 5.00 to 5.50; fair to-good, 4.00 to 4.75; EW o% © £ is pa common to medium, 150 to 350. " | U8 Rubber 1st pt. s u% B srove ‘stestcompanes. in. his e SR Skl As an investor, wouldn't you be Sheep and lambs—Receipts for week | S Smelt Ref pf. . 2% 3% district put the same scale into ef- interested in absolutely safe First m'“‘?;‘.’.g“‘;’?"si“fifia'n’.‘-'f ::::‘ hhe:v% e el fect, Alho e e il Ianrtme Loans that would bring ! + he: ja] interes 0 owners supply of lambe; light supply of old o " e PITTSBURGH. July 18—The Cololll S0*'Gistributors of electric -4 /0 79% interest to your door? H market steady: sheep, 1.00 to | nial Steel Company has cut prices o power securities. of the modern i enient denomi: ' 4.25; iambs, 6.00 to 11.00. et fts tool steels from 15 to 20 per cent ||| airitude of public service com- i ARE T iThey are in conv na- s ma change = T L P B R ety ™ % T BAR SILVER QUOTATIONS. |in prices of thesd erades of stest and |[| missiors. in your mail the day it is Sions: 2.974 head last week; light supply; 20% 2% 2%| NEW YORK, July 1.—Bar gilver,|aPplics on standard carbon grades as At principal newsstands, 20c due. - market higher; lights, 11.90; rougha, | Western Md. .- n. B 1 |domestic 99 forelgn, $¥%; Mexicar well &2 vanadium and oil-hardening A IH] I RUST. vo L X 3 rn aa e jollars, . V= ” " Cattes Recelpts for week ended | Weatern Pacific s B Rt 3| LONDON, Guly 18.—Bar suver, 375 e 21 tosuzs matea oyousy [I|] SHANNON & LUCHS S Joc tadaywers Bieh Nendsemaiam @ @ @ |pence per ounce. : “Fars. sending One Dollar to BARRONS, 713 14th S A 912~15WST.N.W. 2, week: heavy supply. 8 “ oney, per cent. NEW YORK, Ji . —Retall road St., N . 4th St.—Main 2345 rket lower; cal 00 to 10.00; ex- 3% % | Discount rates shori bills. 4% per!deaters O July ol e 44 Brocd BLy aw Yerk. e itra, 1 cent; u.ru-n:gm{h bills, 4% per cent. this year, acco,ding to »:ports from