Evening Star Newspaper, July 22, 1921, Page 15

Gl I F FINANCIAL. ) NEW YORK STOCK EXCHANGE ! Grain, Produce and Li PREDICT DECREASE | NEW. o bl | {EASIER MONEY A |Grain, Produce and Live Stock BANK ISSUE SENT A . Received by Private Wire Direct to The Star Office. g GRAIN AND PROVISIONS. LOCAL “WHOLESALE MARKET. Over a - , . Low. Olose. | =~ -~ - - Opea. High. Low. Cioks. BALTIMORE, July 22 (Special).— | Eggs—Srictly fresh, per dos. 35 Quarter ::;!}educgon| 31 31 |Submarine Boat... 4%. .4% 4% &% Potatoes, white, new, barrel, 1.50a ‘;’:‘lfi‘dnuk 38. 1b., 18 oloe -Amer Cable: 106 105 | Ruperior Oll...... L £ 5 : £ 3 ultry—Roosters, per 1b., 18; % 3 Allled Chemical % B 38 'h?;!orcom (A) 6:‘ :* R 8.75; bushel, 50a1.35. " Beans, bu:;;‘_ turkeys. per 1b., 33u35: chickens. Century. e e ioal e T i By 1.00a Beets, bunch, 1%a3. spring, per Ib., 5ais. hens per Ib., Experience Allis Chalmerspf. 7@ 72 7T 172 |TexasCompany. 3% 3% % bage, head, 2a10. Carrots; bunch, 1% eats, young. each, 60a75; chick- . BT in Propert; I resre bl R LA B oLl n% B B a3, Celery, doten, 7sal6. Comn,| €7 Winter per Ib. 0. L y i - g grChempf.. 60 6 6 6 |Texas&PC& B% 18 1% ' H ket, 65| Dressed poultry—Presh-killed spring - Reduction of Federal Em-|}mAsrChemp O B o |ToxsmEcaol. 1 s K we|Bond and Rail Buying Fea- |doser 1att Cucumbers Bk et. |Shicksns, per b, 8a4p; hen vrin® {Judge Webb Remands Case et 3 i AmCan..... 21% 2% 2% |TobaccoProdpf.. 82 8 8 & - 2 o 2 it ; roosters, per Ib., ~ ! ployes and Investment in |Amcar®¥dy ™ el ture the Day in Wall uoe, baskat, LI, of 250 North Carolina Rental Service, Experi Am Drugglats. 1 Onlons, 100 pounds, 1.25a1.50. Peas.| pork % SR en rvice, rienced . Governments a Reason. |Am1co.: i Street. bushel, 3.25a3,60. Poppers, basket, 76 | | ¢ :J{e--ea. small, per Ib, 15 Depositories. . Eé ~xpe K BY L A. FLEMING Any Intasnational. it P. WEST. B aduas. Dasket. N esi00; green, [10; Tambe, chotcar st e “loaki; Hve| CHARLOTTE, N. c. July 22 l“ & F 2] - 4| BY STUART P. WEST. oes, basket, rocn, |10; lambe, 3 i 5 1 , N. C. July 22—| Predictions are made by bank offi- ot %[ Npw YORK, Ju Jeaxal pples, barrel, iy a3 Frankly confessing that he s “in' 9 y 22.—The two|bushel, 1.50a2.25. Blackberries, quart, < 3 | . » Sls_and, cmployes having. more or —— e the walh streat situa. | 17ath,” Cantaioupes, basket, L26a1.00. || 0oe" frulte—Apples, per bbL, 3,002 | doubt about Jurisdiction in the mat- ! Whether, Syon/ own - office Am Ship & Com... % 51 = .00; western, per box, 3.50a4.50 - 5 buildings, residences, apart- Jess intimate relations with the|,m Smelting. 2% n 2% | tion ‘today were the continued active | Curants, quart, 1 225, Peach- | Salifornia lemons, "per box, 10,00a11.00; | ter” Judse E. Y. Webb of the United il P Treasury. Department that the de-(Am Bteel Fdy..... 38 b 19 |absorption of investment funds and kf“cl“z‘g:;'g.'"é A . L hon Ca.lll’o;nlil oranges, per orate, 5.5026,50; | States court today announced his| ments or storer, we offer you posits of the banks of Washington [ 4T% | ne further strength displayed by 1.60 owt.; Illino 176 cwt.; ;rpzrr:"t nzuz-ri;a;s_, usolznafeo; rem:he!. decision remanding to the state|| the services of an experi- Wil not approach the agsregate of =+ BY%| ilway stocks. The movement in the | Nebraska, 2.20a2.2 Californis, | quart, 16a30; raspberries. per quart, 2a | COUTtS the injunction proceedings in-{| enced and efficient organiza- $165,000,000 again for several years. e B sty Troad)| - anisjowt: 50; cantaloupes, .00a¢.00, 2 stituted by 250 North Carlina banks | (i 1 care for your rental Naturally, they base their estimates 120% % 8 |affecting all classes of securities, and Selling Prices at Noen. | Vegetables—Potatoes, new, No. i, against the Federal Reserve Bank of j| o0 ¢y Collections are made on the reduced number of employes | Am Tobacco (B).. 1205 120% 0% % 2o e in many instances up || Wheat—No. 1 red winter. spot,|per barrel, 3,00a40; lettuce, nearby, per Richmond to compel the federal bank g n ’ of the government and the natural{Am Woolen....... 6 % 12 B s s o the it Y 1.402!* 1'4"15/.'»’"’»:‘3‘“2’1‘:12‘5;“::? r::rr_- c::o. 775;]1].275. eilv York lettuce, per | to honor its checks on which ex- promptly and remittances are Bt T e o e isdine | A Wrtins Peat. 36 % 9 2| 1t was E more. of & response even |1iCky, spot. 1.32% sales. * B 100: " Romaine Tottuce, 1001505 " cyme | chanse is collected. made on the dot. administration. Asso Of1 . 8 B % 35 8 |than the demonstration yesterday, to| ,JUlY Wheal 132k bid nm;’ebuullualn. Liigs, per, crate, ~{6ai.00; spinach, The = hearing on the issue of gratundreds of millions will be cut|Atchison.. . e e O N e r e iaudents. ot Avhescks | aaEust LA Aencs oD e 10| Baiek € 00a13,00: ontenne TAPCLTE. ob | o m e he hesring (on the perma: The chacges for this ‘serve of many employes from war risk and | Alchison pf. % T8% T8 | Wheeling & LE.. 8 8% B 8% |rhtes as confitmed by the lowering of | Sales—Bag lots of néw wheat. as to | bage, '3.004.00 per barrel; cucumbers, | nencY ©f the injunction should be |l jce are very moderate. Shipping Board bureaus will certalnly Atlanta Bir & Atl. 2% 3% 2% 2% |Wheeling & LE pf. 16% 16% 16% 16%]federal reserve discounts and the|quality and conditions, at 1.05. 1.10,|1.50a2.50; eggplants, per crate, 3.00a3.50; finally staged in the state or fed- m-gwme difference. AtlanticCstLine.. 88 8 8 8 |White Motor. 3i% 8% 8% 31%|prompt.reflection in all branches of |1.12, 1.15, 1.17 and 1.20 per bushel: tomatoes, per box. 1.00a3.50; asparagus. | eral courts was held here:the latter 4 Then, too, the possibility of the|Atlantic FruitCo.. 4% % 4% 4% white Oll. AL % THh 1% the money market. 10,000 bushels August wheat at 1.32:[per doz., 1.00a3.00; corn, 15a50 pe | PATt of June before Judge Webb, postal savings system causing some | Atlantic Gulf. 21% 20% 21 |Willys-Overland.. 7% 7% 7 7 To some extent the better class of | 5,000 bushels September wheat at |dozen; beans, 7.00a10.00 per barrel. | attorneys for the plaintiffs, the state | ‘withdrawals must be considered. |- 138 1% 17%|wWillys-Ovid pf.... 28% 29 28% 29 |dividend-paying rail shares were |1.33. Cargoes on grade: No. 2 red win- | banks, contending that the final hear- | e K o o June 30 last these savings totaled %% 6 76 | Wisconsin Central 25 25 2 25 helped by the same causes that were |ter, garlicky, 1.31%; . 3 red winter, DAIRY MARKETS. ing should be within the jurisdiction 3$153,000,000. 391 8% .38% | Worthington Pmp. % 2% 2% &% |3t work in bonds. But more largely |garlicky, 124%: No. 4 red winter,| BALTIMORE. July 22 (Special).— | ohol s, SOUrts of North Carolina, and | With the government paying 3 per 52 bl% 62 the buying of the rallway shares |garlicky, 1.19%; No. 6 red winter, gar-| Chickens—Allve, springers, per pound, | maocicndant, the Federal Reserve | Property Management cent many savings banks will be: Beth Steel (B) O e% 6% High. Low. Last. | which took in low priced non-dividend | licky, 1.13%. 30a35; white leghorns, 28a30; old | Dank: contending that it was a ‘mat- | Brought into closer competition. This | Beth Steel 8% b 8% 8% 984 CallMoney..... 6% & 6 |payiny lssues quite as much as those| Corn—Cob, new, yellow,3.80a3.85 per| hens, 27a30; old roosters, i6al7. ter for the federal courts. 934 N. Y. Ave. N.W. feature will not make so much dif-|gyrng Bros. g 88 88 of higher rank, was inspired by the [barrel; for white, 15 to 20 per barrel|Ducks, per pound, 22a25: spring Specific Inwue Invelved. sty el ference in Washington as it will| 2 % % % HOURLY SALES OF STOCKS. improvement in the railway outlook, |lower in carload lots; contract corn.:ducks, 28a30. Pigeons, per pair,{ The specific issue involve . hronghout the interior sections. Butte Cobper 006 10% 12M.... 172 20 | Which has been recognized for some |spot, T4%: track corn. vellow, No. 3| 35ad0. ; e ‘Involved and re- The total deposits in Washington P o 2 .. 247 00 | time. or better, domestic, 81a213. Eggs (loss off)—Native and nearby | 1\°f demanded of the courts by the June 30 last were $166.994.633, indlcat- T o B AR weeret! Cheas sy Ontocio: 3 white, U1: No. 3 S04, | Arath per dosen, 31: outhern, Jo. | SLate banks is that “the. Federal Re- | — ing a loss for sixty days of $2.339.460. | Callfornia Peteol.. S8 W S0, ol Thal ety of tho fodorer sasstve T N T weate | daaa s e ede D peyyperpound, | serve: Bank of Richmond be: per- | Since then there was a material £ai | Central Leathor... 35 38 36%4 actibn montinucn to beoTolt et | Gy e spot 138 per bu.s No. 3, no | ery. 33a40; ladienst 300 yolle iy | MAnently restrained and enjoined (| Apv Time Is a Good the heavy intercst payments by banks | Centrai Leath pf.. % 7% W% 2% monsy:market quita sy muchas in thie;| quotation. pound, 27a20; dairy ‘prints, 27229; | fuse to. metest erchaner ab .o e | y on savings d its and many check- | Cerro de Pusco.... 26 26 6 26 . |investment market. For a month past | Hay—Prices nominal. process butter, 32a33. | accept . exchange’ drawn, by | Ti to I t i a ngs deposits an y Chandler Mot © B0 8% % lenders of time money have been hold-| Straw—No. 1 straight rye, nominal; {the plaintiffs on their reserve de ime to Invest in ing accounts as well. Chandler Motot 4 ing ot Tor 6% per cont. withough met [No 3" stralght rye. nominal; No.. 1j. CHICAGO, July 22—Butter—Lower: posits in payment of checks pre- | Withdrawals have been heavy the |Ches & Ohlo. L8 66 4 o6h Botting 16, Today they same o the |tangied rye. 15.50; No. 2 tangled rye, | Creamery, extras. per pound, 40%:|Sented and to return such checks to ! o last few days. The vacation season | ChiGreat Westn.. 1% % % 74 e I CRroday, thiey/came o Lanled Y Apeat, 14.50a15.00; No. % | 8tandards, 38%; firsts, 34439; seconds, | the drawers thereof as dishonored | Fll'st Mortgages is on, and, while there is less travel |Chi Great W pf.... 16% 1% 16% 1% maturing all the way from sixty days | wheat, 12.00; No. 1 oat, 13.00; No. 2|30a33. A " | because the plaintifts have tendered | : than ‘usual. the unemployment condi- | C n%o mooak to six months; that is, all through the |oat, no quotation. Eggs—higher; receipts, 8,061 cases; | {he exchange allowed by the laws! ians and vacation together have|ChiMil&StPpf.. 4% 42 4% 4% crop-moving season, were freely sup- firsts, 273%a28; ordinary firsts, 22a24. | °f the state of North Carolina.” ; But more especially is this type brought withdrawals. Chi & Northwn...- 64% 64% 64% 4% : plied at 6 per cent. ' y sup-| CHICAGO, July 22.—Reports. that| miscellancous. 26a26. | Judge Webb holds that “the only || of investment desirable when Bankers have expressed the belief {Chi & Northwnpf. 98 98 98 9% NEW YORK, July 22—The bond|™ Nominally quotations for commercial | FUSEI2 needed yast quantities u(| Poultry—Alive unchanged. point to be decided by this court is || business conditions are uncertain that any decrease in deposits will be | Chi PneuTool..... 80 60 6 60 |market was broader and more active |paper were unchanged, but wheat had a bullish influence on the . = o whether or not the matter in_con- .| and experts can'i agree on prophe- reflected in a-strengthening of rates, % 2% ged, but actually | WneSt 00 Yot today. Doubts, how-| NEW YORK, July 22—Butter—|troversy exceeds, exclusive of “in- | cies for even 30 days ahead. et th D ona h 8K s2% %|than yesterday, with prices still|the market was slipping, and the indi- that money could be found to|Steady: receipts, 13,328 tubs: cream- | terests and costs, the vi ! tomers whi* e made I pev gent in- o 1% 1% polnted strongly upward. There was|\roiq® fLo78, Ihat Very soon § per cent e euired rain acted as|ery. higher than extras, 42icass: | of $3,000.” » the sum or value | pp, FIRST TRUST NOTE remains stead of the § per cent now given. i D 3% BRIl further all around advance in the |counts of ihe highest® cass oo & vestrainingi factor, The et e | creamery. 5::{:-!!K%R?B’g‘;r;;br‘elyy’gvu;I Latwely Onerat Face. ] R e e el B s ;‘;;‘:‘:;8':‘0 ?1'3?.‘& g ; : liberty group, which brought some |Money meanwhile got down to 5 per orn . commections. Opening _prices, ;fl;zg;;king stock, current make,| The real question at issue is large- .| quirements, and yields will be responsibie for the withdrawal n ot the issues up a half point, com- 2 which ranged from % cent off to 1% |No. 2 27 _ _ily one of fact, Judge Webb holds. | of ‘millions from the banks of the|Solo&Southnlst. 51 & b} B |pared with Wednesday's close. St el S oy Eroup, the |cent advance. with September, 1.26 o (riEEeFirm; receipls 16009 cases:iand the court finds itself ninable { 3 country. These funds have heretofore | S0 G880 o oe- - - | The announcement just pefore the|a Bood deal of uncertainty. . Ag: th|1.27, and December, 128 to 130, werk | 4 Siruts, 31a34; state, Pennsylvania | (5251Y (0 conclude that the matter : been. invested in stocks; some of the |Col Grabhophome.. 4% 4% 4% 4 there scomad to be aeortalnty. (ASAn | followed by material gains all arould. | n3 pearby western hennery Whites, | involved exceeds the sum of £3,000," Ponds thus invested are the remnants |ColGraphpf...... 19 19 1> 16 |end of business yesterday' that the|,,¢i5n between industrial st scrimi-| Corn hardened with wheat. After| &R MCErDR oot oY prowns, | 3nd i8. therefore. constrained to “re- | of stock investments, while they very | Cons Bistributors. 7 7 7 7 |subscription books for the newl!of which the busin Fis) stockis BhCK | opening unchangad to i oeut higher. | tras, 41a43, do. gathereq browns | Mand the case o the superior court | kenerally represent the transter of | Come e O Y e . ok ik 886 | French 1oan had at length been closed | turned for the Batbar: and srosks et | ICIUdng e ietie, but then | and mixed colors, frats to extrus, 5z | °f Lnlon county.” ‘ public interest from corporat ecu- 0! X1 by . o o Vi i B 5, P e case wi now be 4 & Dltbes to partially tax free, safe gov. | CornProducts 61 61 66 68 |was reflected in a slight premium, L‘ofl:’.‘“"“‘- Sugar issues were actively |scored a moderate general advance. "é;.::,{;‘fg‘,;:fi,fi"‘”,‘933?,?‘_;_ 4,672 | the question of the permz}r‘n:(:\'cd\- i Consult Our Loan Dept. ermment bonds, Cosden & Co. 7% 3Tk % pi% | 95N, for these new 7148, and at some- = i "l'hvel "°|'="|’“"'gwf"d‘ sc%l;" e:)g. boxes: state, whole milk flats, fresh, | the injunction already temporarily | TR RACHECE in the mortznge mones LB Gs s oo | what Righer prices for the French fs | | Ralls Are Leaders e e Tt *i14 | SPecials’ 21a21%; do.average ,run, | EFAnfed, the, Dlaindift banks against SHANNON & LUCHS field, the high rates offered and the 16% 4% 16% as been going on in most of | o Y ael20a20%; state, whole milk twins, o e nk. attractive character of the first trusts low ‘4 1o |aavance quite well, while Brasil 8s|the dividend-paying rails for a fort- | sared, o SO RAL GG e made; upocials, 21a21i; do average run, 20| o, "N, Covc a5 pre i tendesed have b Fectiv 3 10 |continued to harden. Belgian 6s of |night past might mo; fair upturns for ail deliveries. 20 to the state courts of Union Main 2343 T R e s boeming e | S e B e 31 7% srg|A025 Were a balf -point higher, and |described as a repurenusing thon oo |q HIENCr quotations on hogs gave otk it will be the first opportunity fu 713 14th St g P = £5 £l firmness to provisions. t . Yhtment other "Chan'in S:ocks” and bel Lack & Watn. 0 81 10 Bl | foiti”to 915, City"of Bordesus g | Soing most f the. Duyine have Dot | culotR 0o Piwectiied: recemts. 3| DIVIDENDS DECLARED," | gadonc o0 " ™erits of the i | ¢ Denv & Rio Gr, % L 1 von. v] v] i ars; Virginia, 500 barrels; Kaw val- o n i 3 and the Lyons 6s, which have been |those who sold out in the w. Cars; Virginia. : = \:\;fl;‘l‘l;lgl;p:;:u&r:s Do mnraeaSot | Denv & Kio G pt 2 3% |hanging around 80 for some time, got |at prices well above e prcser Tod [ley, ‘1252150 "e.w.t.; Missourl. 150a A EncinE has Decome popular o the | Dome Mines. Ji% 1% up to 81%.' are now _taking these stocks back, |00 C-W-.t: Illinois, 1704175 eW.L:|,sner Linen co. q, §1..... e el o et Paas EIcHeEE 184 14| The advance in rallway issues was|From the standpoint of the sellers of | Nobraska. 220a2.25 c.w.t.; California, chols & Co.. Tac which, however, are still inadequate | ISBGicott-Jonnso s & |aulte senerf-l. ln was led again by ;‘;‘:fl‘:‘l:d 2ix vears ago the rails at 2.30a2.40 c.w.t. Srie. . . 3 e gro 1 — present prices : B {p meet the improvement demands of | \rid iy ¢ e o | N ronr? £a Hiha Northorn Pucine as | the stanapoint of those. approaching L S A Erie 2d pf. . 18% 18% |and the Burlington collateral 63s. the railway market without past 1.31 % 28 Capital Traction Strong. oty Blayera.. . 41" 4% & et g, comparisons in mind many of these L | Today's session of the Washington | pamous Playerspf % W% 7% % | <The Burl Inowes J rail stocks are selling, if not high a8 S2% ok AN | Stock Exchange was saved from the | bamous Ba . e e Burlingtons were brought up to ) enough, at least well up to what they ¢ SN S| usual duliness and given a littie in. | Hiok Kubher.-o..- 2 e L |par and heavily traded In at that new |are entitled to sell for inder condi- 411 Al 0% .40% ] s £ nerest through the development of a | 5rLceROrt Texas. i3 18 13 lhigh level. The Great Northerns were | tions where bonds and high-class W wl ey e Sceutities;and Commeditics T"E value of a business man's time buying spurt in Capital Traction. For 49% 48% 49 lalso very active at a new high. Penn- | Preferred stocks are yielding any- RasEni g Review Free, Upon Request. [ is d in doll d e Bt s s aerngl ot dichs 1 21y i204 1204 [sylvanta. 638, continuing their ad.|Where from 6 to 7% per cent. At to.| NEW YORK, July 22.—Flour— zauged in dollars and cents, any corporation to any extent. would 10% 10% 10% |vance, sold at 993, where they had|daY's prices the return on Southern |Steady: spring patents, 8.75a9.75; | and—time is money. He demands have brought a break in price. Goa Mot 7% Ged... 7% 7% 8% T% |made up the entire ioss since the time | PACIfic was 7% per cent; on lllinois | SPTing clear, 6.50a7.50; soft, winter | fFici i e 2 Today, however, there were orders | Goodrich.. S0% 31 30% 31 |of their flotation. The evident pref.|Central, 7%; “Atchison, 7, and New | Stralghts, 6252675, hard winter, Jiousman 0. [f efficient service not because of vanity to buy Capital Traction shares. with | Great Northernpf. 60 6% 9 69 [erence shown for these mew rail is- | York Central 7. These returns are straights, 7.26a7.75. i H | or pride, but because it represents o oponing sale of ton shaes a 873, | Great NorOre.... 7% 1% 7% T« |sues, bearing a Mgh rate of interest, | SSTEalnly not high by comparison Otlier ‘srciéiss. anchingel. | 20 Broad Street, New York | to hi i i follomet By “twenty-five at §7%. ard | Greene-Cananea.. 19 19 19 19 |was helpful to the Canadian Northern | With the general run of bond invest-| ¢yicigo LIVE ofhiseia davisg ofipeeciocs bhura. inen "elghty-nive sharca were taken |Haskellk Barkor. 86 igis 6 oy | 845 Which reached 87 for the first R S M LA e R Visualize an investor in our First at_88. Hendeo Mfg. s 16 14 me. ugar Stocks Strong. 2 o . July 22 (United States New York Stock Exchange 6 Othar iarem wirs datiely nomioal | Eiobatau it &% 6% b3%| New.York Central debenture 6s lost| The sugars were among the strong- | Loreal , jof | markets).—Cattle—Re- —New York Cotton Ex- Mortgage Loans. He receives from The attendance of brokers was slim, { gupp Motors. . 1% .1% 1i% | Part of yesterday's gain, selling back | est of the industrials. Their alva, fxlcelpm, 3.000 head; beef steers steady | hinge—Nes Tork Prod us a check promptly at every interest W. B. Hibbs, Eugene E. Thompson | i,noisCentral... 9% 9 8% fo 91 but these were an exception. | was somewhat belated recognition ot Ao sonEL oD, LR ‘h“’l‘fl E'chgnn \. w";, et period, and needs only endorse and Jam I thmee e/ Trean a n we|Thers was active trading at higher|the importance of the developments|iigher: other classes steady: bulk EENANES Hep oK Sotee deposit it at his bank, or, if in- ’Ban! - - bonds, such Nor: cutters, largely 23.50; bulls large- - H i) o S L o be R e g Ly S L Ci% D1 34 be the Chesaprake st Ohia 4ie e Ity mparhy Cooin 0 have not been |1y §.00a6.00; bulke veal calves. 1025 Associate Members of Li i :.?r bim \P{,o o ectnr o oy - e e L u 16> "1 W] tha Southetn. Pacifie éa wiloh werd] Tomnet b atrect the sxls oF Louisslon | 70.75. 1 ool Cotton Association. ol | I part. We attead ¢o all the details. Weo will from time to time have |ati Paper.... $2% G63% b2% 63%|moving in sympathy with their par-|crop have lost their battle. I Hogs—Receipts. 19,000 head: open- 1 As an investor, wouldnt you be visible ‘evidences of the distressing |intl Paper (sta)... 0% 10% 0% 704 | ticular stocks. The supply of Porto Rican sugars| |n5i. vor® 1510 Emenk attae® goafes, E[ interested in absoiutely safe First onditions through which the coun- | laviaeicle Oll. 0w W Industrials -Stro upon which the refiners had depended | 15'13a1110; bulk packing sovws 6,254 . | ! Mortgage Loans that would briag s sete i N 24 24| Amone the. inausirise ihe _cuws | BELEER, S0, uncd o thal Bl 3 piey’ Sirongt vunc-oenrsbic | || Washington Office | S| peawe G ave not as yet been recognized by 18% 185 |92, an against their recent low around |5 cemt s peums Woub Prices. A rise of | top, early, 3.75; best culls, 6.00; me- | Woodward Building i o business public for two main rea: 11% 11t |89 Westinghouse 7s were well takenimous difference, and It Is this pos | lum Erade Montana Jamba. ~10.00: Telephone Main 2040 | ; v I‘ ons: Ther peciod of niormal mideam- 3% 87% | at their high level just above 101, and | sibllity which buyers of - the sucs; | Yearlings. 7.50: six cars choice Idaho g . 000 U o Fmer dullness now at hand has ob-ilakeErie& W pl. ke @4 i |Goodvear 38 and Kelly Springfleid 8 shares were figuring on today. €27 | lambs not eold early: best light, fat CHARLES R. ALLEY. Mgr PHONE 2552 ‘orovement, and there has been lack. |ebiSh Valley.... &2 G% 62 Tora ot sonssE onilaTgeliranaacy —_— Swen,: 520 Tbutk, 1iboRtT ! = i MAIN-6888 912~15B ST N.W. ing a thorough comprehension of | Liggett & Myers.. 15l 186 181 188 | CURB_STOCK! o = b credit conditions. ‘g W% 0% 10% OsithOies Toated o o Hiled Co OIL STOCKS, r'E‘tn‘::'m-;Q to rec‘agxmzemnl.e passing bl i u”- ‘WOOL DEMAND IMPROVES. l S glFtipmn Quotations turnished by W. B. Hibbs & Co. o od of insufficient credit BOSTON, July 22—The Commercial | Aetna E: LA Bl A%y, SRES LI e Ras resultea from lack of recogmition | May Dept 3 2 | BiRetin torottow win sayorole! | Afies Giplowres 1 V| v amercan o0 co. wem-. 135 15 SESRISEILILINILI NS, SEEEEES Senaatareeiii credit shortage has been. I;np:.r:ln:’u:..mlcopplr..... Ak 2k e 2l | giahy Aerieg he o amproved A pey s L 2+ . 34| Bomescymaer to m 3 2 2 eek, partly, it 2 =z uckere Pipe Line o' the nnsetiatRctosy _coasscter of hiiani& BILi(n), It 12| welght season Trading has been|horian and Wyoming ol | Soatinental SON G 8 18 2 e w S Ro. Danke Croale e aare. 18 auavale Steel x._:% ._" .:“ g}:xl,e‘m;llnrthe finer grades, which are ; Culedonia . 1 1 :“‘;';:;:g;m'r: r;f“,g ot 26 12-'3 - e gperations designed to hold prices at B° 19 19w | HERt-welEhe seadont for the milts s £ -, 37 | Earcka iow Line, R 4 =18 fictitious levels. Orderly organized e mills is 20 | Gialena-Signal Ofl C 33 g i > o mene W 150 154 & > % tempts to hold prices above the levels schedule to make it moreee u?&n?.r"fl i 1% y'fi ‘Line 74 s | ': - a es LA determined "by "international *supply et auiabls &2 3 % and demand are certai — 20 3 s . % K n eventually to 0% 10% 10% pr 4 e e B e Here is absolute proof that the period W% W% 0%| NEW A 7 & | Ohio Oil Co. 228 243 | ~ s : s Bi D ah| NEW YORK, Juy 2-—Hedsins C LR TR o Bom = of cheaper money is at hand. See the e appeared at the opening of th, 1% | ratrie and Gas 5 | . Py . Washington Stock Exchange. Ny D& Went .l 11 i ime ix |ootton market today, ind. this, witn Ix 11816 ] Erairie Tlve, Line Co 3 30 Rats) Made 514% i Restn, & accompanying article from The Post. Capitat rmction_815 %5114, 25 at ar%, 10| NOTIOUE & Weatiii 04 48" Wi 36 | ensy cables, smaller spot sales at Liver- 57§ | southern Pipe wite € = New York, Philadelphia 2 Every investor—large cr small—should at'aPy 10 8t S8 10 ac bs g & pool and the irregular opening of the | 28 21 | Bouthwest. P i aad San Francisco. Ie i coptta ToactVTER, CALL Nortnera Pacid W g% | stock markel, caused a decline o § to S5 A% Shiner on . Caitoraia 2R = read it. ‘raction—25 at 88, 2 o Irs| . e’ o ! il Sioner—Cal loan, ‘841 per cent. > © %t % | O pheum Circult 0% 0% 04| busing for Liverpont and Wall street lianie | 2n What more eloquent and forcible argument | orp % ying erpool and Wall street & @ | o= 2 r cibie Bid and Asked Prices Owens Bottle... 281 28% 8% |account advanced October to 12.84 and 2 | SECOND IN 3 MONTHS & might be advanced for immediate investment BONDS 53ls 3% 68 | December to 13.22, but support was 1316 1% . A in this high-class offering: 1 rol N0y whowt Ul e and dhe mariet later Silaed to 2 in this high-class offering: 3 i 8% 8% 8 - a1 er under scattered local s i | Bid. Asked, liqui e 343 85y 2 2 { g 7o sz g O VB | Eimamne ) 44 G e oE lauidation and » lack of outside - | Ll {#%° Expected to Stimulste Business, 3 7 First Real 4= 2 i T o EE B|eomazemvasicdlsl wn om ek an | ioher T Beenlol S0 iy, W4 Ollne Dlovtcss Wiy Etow =%, | & O Mortgage Estate ! Siand & ... = .18; March, 13.43. 5 9 = — — aring House> G fi% l': :: NEW onLéANs. July 22.—Prices ox 108 5 By Y. E. BOOKER, Jr. ¥ Gold o 1% 16 16 | were lower in the eatly trading in cotton w2 EQUI TABLE | | Bonds () LA % X% 1% today, ‘mainiy because of poor cables b i Reduction of the discount rate om |: 9 Yieldi ° erce-, & e first hour of the session prices H e = din Pierce Oflee.... .- 8" 7% 1% |lost § to 8 points and October dropped 2 CO-OPERATIVE BUILDING Both commercisl paper and paper se- ielding Plerce Oil pf. . 5% 61 Bl |to 122 The market was steady at gt ASSOCIATION 13 Suied oy govesnmant ohilgations trom | & on the Washington Gas 75, vitts & W Va 21% 7% the decilne because of too much-rain s <122 0] * £ te 5% per cont at the Fedesal re-'§ Washington Rwy. and 68 68 |here and there in the belt. A sorve basks of n, New Tork. 1.3 LCEG R e w oo |, Futures opgned dull; Juiy. 1165: Oc- H Y Fomdasmia and Gan Francies Belmont Buildin MISCELLAN T, 12.30; mber, 12.67; Ji Y was ;.-iuzm =.r=e: g':‘:{fi??’" 75 g” ;“ 12,73; March, 12.98.- i " ‘“s' 41st YEAR COMPLETED announced last night by Governor W. l g gton Market 58 (1947)... 72 Assets ... 308, 5 - t 4 ashin % 84| LIVERPOOL, July 22.—Spot cotton 82 ot P. G. Basding of the Federal reserve 8h t n o " G quiet; prices steady: good middling, 1 Sarplus 1,968.383.00 " Th res rect: o STOCKS I | QR Brloes BleReY: g0t mlddlns: e Gratifying Rosults Doard.. 1n makiog ¢he announcement | & eaBter and stores to be erected % pra N K s e .|828; low middiing, 7.38; good oral- 1Y ults @6yernor Haring stated that the M-IR on Busy 14th at Florida avenue i tal Traction - 110 2 nary, 6.23; ordinary, 5.48. Sales, 5.000 18 From Systematic Savin, 3 i g | beles, including 4200 American. " 1saelff - & | Th d H A e Sl e e e o s e Advantage i Rep Motor Truck.. 1214 124 12% 13%8.70: December, 8.30; January, 8.82: e | §rtee Bantianio axd pave sysrem- is readily apparent. Serfal maturities enable the in- § Royal Dutch. ... 82 | Mareh, §.90; 21ay, 594 H teally. Y on attain grea vestor to select bonds maturing in any year up to the g 1% 3 'zK er results than ever before. !ednth—!-to Dll? |I|‘l‘ mm;ey w‘}lwre it ishsl e beyond per- < . 2% SRR, T WA 5 adventure and where it will earn the attractive = : b MONEY AND EXCHANGE. g n';“!"’"“"o;‘s“" I of 7.50% through the fast-coming -period of low i < 4| NEW YORK, July 22.—Prime mer- 10% st 1ssue tock terest rates. b3 5 3% e:.m‘i‘x:‘ paper, _:.u::‘qfl- exchange, firm; b4 Being received Saf e All t]l B F tl.ll' ;;:; 66% | sterling sixty-day bills and commercial ty— ; . 1% | sixty-day bills on banks, 3:64%; com- 33 Shares, $2.50 per month . OLRer DIt calure 3% National * Metropolitan Shattuck-Arizona. 6% 6% - 6% mercial _sixty-day bills, 3.54 de- 2 Pt e ’ I _ The bonds are a direct closed first mortgage on the dd Rigss Shell Trad & Tran. 37% 1% 314 1% | mand, 3.59: cables, 3.59%. Francs. de- 24 : lands. bulldings and equipment of the Beimont Bufld- & eakington o o mi | EARG T I Cben, 0, 13!l EQUITABLE BUILDING || T Compagt % Srporstien Sl and Smposcd'st 31 % T8 cs, demand, 7. cables, '7.59. ryl ¥ ington's most successtul businessmen, it 2 TN Geathern Eliwes. it 0% 33 g; Guilders, demand, 314; cables, 3145. Fid 915 F St. N.W. ! whose Integrity is unquestioned. b4 Coutinental Trust Southern Ry Df... 46 46, &% &% | goma "“1‘;“.*¢ c:ib'i::l'el"::'::' Béurks. ) At % The value of the propérty constitutes a wide margin g Stand OllofNJ. 1w 13\ i m . 130%; cibles. 131%. Greek. 3%l soun Jor EDSON, Presdent | of security vrhich is increased each rear as the loan Stand OUNJ pf... 106% W7y 16% wry Narway, dorgand, 1281, Argenting, de- L] ERANK P RERNDE Sevr § : b PLIIT 18 T T | mand 8870 Brdzifian, demand. 1037 | L AL S Additional seourity is provided in making the bonds 5 Stewart-Warger.. 2% % 2% % | Montreal. 11 3-16 per cent dlscount. L. a first lien on the earnings of the property. estimated East Tvashington StrombergCarb... 81 81 81 @ ernment and railroad bonds, g $ .‘_}a:f."fi;‘l“:,'m;:"“" interest and principal require- Merchants’ <. Studebaker ™h W% T% Ta|frm. i 1y & - - Time loans, steady; sixty day: o 4l We recommend these bonds for investment and court Seventh, Street”. ty days and six months, G(yper e:'n:‘m 125 10 the complete and thorough investigation of those con- TS Savings FOREIGN.BONDS. Ay | -4 o templating the smallest or the largest investments. Beinmon sy cchasics < ¢ % Bonds avallable, maturing in any year desired, in tions furnished by W. B. Hibbs & Co. BAR SILVER QUOTATIONS. SRR L Net lntenst amounts of o ¥R INSURANCE. Tices at moon: &g NEW YORK, July 22.—Bar silver, | by ..o ) Adington e Bertin dp...... 184" Germon gov. do.. 1ig | domestic, 993" forelgm, 60%; Mexican | uifi"y (o Pt irst Mortgage Notes y y 1, o Jiremen's .. %% 4%s.... 1514 Krupp 4... 15 “I"o 3 “:_-,J A . | Union ‘Carbiae 2% a sloo ssoo slooo Te The Allan E. Walker Investment Company, ! National Union. & % o"nm uly 22.—Bar silver, 3 o e oL S AT t dgot 813 15th St. N. W., Washingten, D, C. . 3 s i P e M pet oall-: LO.CVALUATIONS. . || . Absoluiely Safe- yirn e te mecomisis wiome: | ALLAN E. WALKER Columbia Title . ¥ L4 - imon! ul Iny 0] N B Teal Estate Title ] ‘month bills, 4% per cent. - i’ jThe Totentats Comimares Commis- Geo. W. Linkins Mortgage 1 per cent sorial Gold Bonds. - ° . MISCELLANEOUS. : £31] sion, ansounced itoduy| the, feliowine . 1719 K St J 3 : INVESTMENT Co Coiumbla Graphophoe. Com % . LiVerty Bond Closing Priees. | . | tentative valuatiohs of 'railroads: - Name.......oieoeiiiiailoniiiieiaceneeens 2 D. C. Paper JMtg Co s - NEW' YORK, July 22.—Liberty | Gulf Terminal Company (Alabama), SThixty Hve Yemus o€ Satewr, o1.3e %fi'“""}}fi"‘fl"’{““"“"""' o TRk Y m:em' Stk e aten Shesnaiuty * Address.......cccceieiriannneinniinnanenns | Southern .Building - ; 0 "Daten Market con % T30 ol 48.| and Southwestern (Georgia), $138.834; M to Loan Itis understood that +his is without obli- X 3 87.20; ‘sacond 4s, 87.24; first 4%s, | Fordyce and Princeton (Arkansas), oney gation on my part Main 426, Branch 14 3 % 43 | $174,071; Pine Bluft and Northern| o ins 700 saterset, in sums of $1.000 to 85, . s 4 rity Storage . 200 Arkansas), $39,758; Shreveport -and | $80.000°7% Interset, T, etme 0¥ BN cotate. <hington Market % /%% | Bridge Termfinal ‘Company (Louisi- f'wen“ 430 Wash. L. & Traet kx-dividend. : apa), $424,06 2 : Joseph L bldg., 9tk and ¥ BN