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ANTICIPATE NOTES Received by Private Wire - WITH SEPTEMBER Investors Placing Orders . Now—Much Reinvesting in Certificates. BY I A. FLEMING. Bankers report the placing of & large amount of orders in the aggre- gate for an expected issue of Treasury notes, which will probably be an- nounced not later than September 1. The limit on many<of these orders as to rate of Interest is 5% per cent, and the action of the Treasury with regard to the yea#.niturities of the August 1 issues would seem to Insure at least as good a rate as 5% per cent. Local institutions also note a dis- _position on the part of investors who are now largely interested in Treasury certificates to reinvest following.the maturity of their certificates. *: One bank placed an order .for $1,000,000 as a reinvestment of an sy oclation having & like amount of ter- tificates maturing with A: 6. There seems to be some ‘misunder- standing on the short term certificates to be issued August 1, six months and six and one-half months having been given as their term of maturity. The certificates will mature in seven and one-half months, or-on March 15, 1922. Federal financing through note and certificate sale in the future will de- pend very largely on" the action of Congress in connection with the aid to railroads suggested by the Presi- e nt. ‘The ‘capital of the War Fln;::o Corporation, 00,000,000, has n fully issued and is inythe hands of its owner, the government. The cor- poration has a credit with the Treas- ury of $403,827.771, and has loans out- standing of $99,903,839. Ralilroad Earnings. June earnings of the New York Central are decidedly encouraging, showing net operating income of $5.674,643. as compared with a deficit :;z:c,sza.lu for the month of June, For the six months ended with June the company showed a net op- erating income/of $17.204,164. as com. pared with a deficit of $3,926,733 in 1920, Baltimore and Ohio for June showed a net operating revenue from operations of $1,328.318.44, as com- pared with $783.402.25 last year. The net operating income for the month 321,132.93, as compared with a deficit of $587,349.92 a year ago. In- cluded in the June figures is a settle- ment with the government of $402.336 net debit-to revenues, and $919.659 in net charges to operating expenses, anticipated lapovers from the guaranty period, reducing the net earnings, by this amount, to the figures given. « Dividend Anmouncements. B. F. Goodrich Company has declared regular dividend on preferred shares, payable September 21. Pressed Steel Car Company passed tpe quarterly dividend on its common ock and declared the preferred. rectors stated that passing of dividend on common stock was due to business congditions and uncertainty as to future. Ainerican Brass Company reduced its regular quarterly dividend from 3 to 2 per cent. Regular 2% per cent dividend on Dela- ‘ware and Hudson stock. Pennsylvania declared the regular fifty-cents-a-share dividend, payable August 31, to shareholders of record August 1. The regular dividend of 3 per cent was declared on American Tobacco common to shareholders of record Au- gust 10. & Personal Mention. E. E. Herrill, vice president of the Merchants’ Bank, is at Atlantic City. John B. Larner, president of the ‘Washington Loan and Trust Com- pany, has returned to the city for a Tew days—to test the weather. Spurt in Local Bonds. There was something of a spurt in local securities’today, after weeks of dullness. Trading was chiefly in bonds, the total sales being $8,500 face value. 3 Capital Traction 5s brought 86, Po- tomac Electric_debenture 6s, 95, and Metropolitan 5s, 92. Washington Gas 713 per cent notes brought 102%. These prices were generally slightly lower than recent quota- tions. ~ The stock list was still very slow. £apital Traction was soft, with a de- cline !onls'll'/.,bnnd ; few shares of mthaler brought 118%. Other- 't..a the list was entirely neglected. Meuey Down to 3 1-Z Per Cent. Shortly after 1 o'clock this after- noon Potter Brothers' local repre- sentative reported call money in New York city. down to 3% per cent, a new low record since 1919, perhaps lower | Loft Inc than it was then. Washington Stock Exchange. SALES. Capital Traction—2 at 87%. 10 at 871, Washizgton Gas Fiae—b1.000 Capital "Traction Bogot a 300" 3. leb. 66—$1.000 at 95, t:q'uofl at 95, $1,000 at 95, $1,000 at fls..u.lm at 95. Metropolitan O Raivay Ga—$1000 ot t2, Money—Call loan, 5%a6% per cent. Bid and Asked Prices BONDS PUBLIC UTILITY. Bid. Asked. American Tel. and Telga. 4s. K ] American Tel. and Telga. 4}s.. 85 Am. Tel. and Tel ctl. tr. 84 Am! Tel. and Tel. conv. Gs. 91 ‘Anacostia tomac 67 Anacostia and Potomac o7 C. and P. Telephone 87 Capital Traction ~ MISCELLANEQUS. Riggs Reaity 5s (long) Riggs Realty 5s° (short) Washington Market 5 (1937)... 75 Washington Market 5o (1847)... 13 STOCKS PUBLIC UTILITIES, American Tel. and Telga. i .o Capital Traction &7 68 Washington Gas . gt Norfolk and Wash. Steamboat.. 177 Elec. com. 25 Columbta Commercial District . Farmers and Mechanics' 1200 Federal Yaberty Lincoln National Riggs Becond . 5 ‘Washington cosdiee 180 TRUST COMPANY. American Security and Trust.. 215 en and Say v, = Merchan! .o . 147 Becurity Savings and Commercial 205 Beventh Btreet . 150 Thnion Savings . U. - ™% TITLE INSURANCE. Columbia Title ... . 8 Resl Estate Ti M Columbls Graphopiione _com . C. Paper Jifg. L » BMerchants Transfer and Btorage ... Mergenthaler 1373 id Dutch Market com 3 Old Duteh Market : | Pressed St1Car pf. 8 NEW YORK STOCK EXCHANGE P Am International. 33% 3% Am Linseed. . =% Am Locomotive. 81 8% Am Ship & Com 7 7 Am Smelting...... 37% 3% B% 2% Am Writing Pr pf. 23% Am Zinc & Lead. Anaconda. . Assets Realsn. Asso Dry G 1st pf. &tlanticCst Line.. 89 89% A tie Gulf. . 1% 2% Atlantic Gulf pf. 7% _ 1% Balto & Ohio pf. Barnsdall (B)..... Beth Steel (R Wi 2% 10 0% California Pokg... §1% 51% California Petrol.. 3% 36% Canadian Pacific.. 112% 113 Central Lesther... 33% . ™ CentraiLeath pt 8. 68 Chandler Motor... &8 0% e - 5% 1% 1% .8 0% 2 % Chi & Northwn. ... 65% | 67 Chi & Nprthwn pf. 100 '100% Chi R I'& Pacific.. 33% 3% ChiRI&P6%Df.. 6% 6% Colo & Southern.. 37 % ColGas..oucceeeee 67 & Col Graphophone.. 4% 4% . Col Graph pf. ® 19 N% 3% 9% % 89 8 % W% ContCan....... aun a% Corn Products. Y% 67 Cosden & Co. DU 2% Crucible Steel. . B5% B6% Cuban-Am Sugar.. 16% 16% Cuba Cane fugar.. 10% 104 Cuba Cane S8u pf... 26 27% Del & Hudson. Mines. Elkhorn Coal pf... Endicott-Johnson. Erle. Gen Cigar. Gen Electric. Great Northern pt. 70 Great NorOre.... #1% 7% Greene-Cananes.. 19% 20 Guantanamo Sug.. % 9% Haskell & Barkers 85 (5 Houston Ofl. . 85 85 Hupp Motors. ..... 11% 1% Interboro Metrp... & 4° Interboro Met pf.. 1% 1% Intl Agr Chem. Intl Harvester. Int] Mer Marin Inti sler Marine DL 6% 46% " 4% [ 10% 10% 2% 2% 8% 6k Kelly-oring TIFS. 24 & Kelly-Spr 8% pf... 84 rerd T 1% 12% 8% 521 63% % 1% 9% 9% uste l: Manati Sugar. 37 Manhattan Elev... 4% 48 Marland Ol;.t. 2 : Dept Stores :::lun Pete. 106 106% Miami Copper..... 31 . 21 Middle States Oil.. 11~ 1% Midvale Steel. . 6n% 2% Minn & St L (). 12% L% MinnStP&SSM. 6 8% Mo Kan & Tex. 2% 2% Mo Pacific. 20 n% Mo Pacifi¢ pf. . 41 1% Natl Acme. % M% Natl Enameling... 46 48- Natl Lead . % % Natl Lead p! Natl Rys of M 24 Nevada Copper. New Or Tex & M. 86 N Y Central.. 2% NYChi&StL. B8 8 N Y Bock.... 32 1% NYNHG&Hart... 18% 18% NYOnt&West... 18 18 Norfolk & Westrn. 96 9% Northern Pacific.. 4% 76% Oklahoma Prod. 1% 2% 0% 5 6% Pan-Am Pete. o % Pan-Am Pete (B). 4% 4% n ®Y% 5T% People’s Gas.. Pere Marquette. Phila Company W% Phillips Jone! . 6 Phillips Petroleum 17% Pierce-Arrow. 1 2 % [ Pitts & W Vapf... Pressed Steel Car. . i “mawe gaasagc;h;ag;g; PullmanCo....... 95 Punta Alegre Sug. 3% Rallway StISpr... 6% T7.% 12% % ®% 5% 8% 3 3% St Louls Southwn. 26% 21% St Louis Sown pf.. % 2% Sants Cecllia Sug. 2% 2% Sazon Motors..... 4 4 Seaboard Air Line. 6 [ Seaboard ALpf... 9% 9% Sears Roebuck. 64 66% Seneca Capper. » ‘Shattuck-Arizona. 7 1 Sinclairoil. ... 2% 20% . Sloss-Shefleld . Mgy B Southern Pacifie.. 8% T79%. Southern Rallway. 20% 21 Southera Ry pf... &% 47 Standard Millings 9 90 %% n " Temtor Corn (Ab.. % &% Texas Company... 3% %'~ Texas & Pacific. 4% ‘”'K % - Direct to The StariOffice. Open. High. Low. Closs. Transue & Wils. 314 41t % u% Ak Trans Contl Oill... 7% % 19 120 © -38% United Fruit United Ry Inv 8% 8% United Ry Inv D! 19% 9% United Retall Strs. [ 3% 63% U 8 Food Prod. . % 17 n% U 8 Indus Alcoho}. “ U 8 Realty. . 62 3% 3% W09% 10% 2% U% e - L) % n% Wells-Fargo Exp. L 5 Western Md 2d.. 19% 19% 19% Western Pacific. 615 Western Union. ‘U% 8 8 Westhouse E& M.. 3% 3% € & Wheeling & LE. i 9 % 8% White Oil. b M 8% wil 6% 6% 6% Wil 29 2% 29/ Wilson Company.. 35 8 3 3§ ‘Wright Aero....... 8 8% 8 % High. Low. Last.' Call Money..... % 4 L3 HOURLY SALES OF STOCKS. 3 —_— ALEXANDRIA, Va., July 28 (Spe- cial).—The ordinance providing for an issue of $300,000 street improvements bonds has been signed by Mayor Dun- | can. *Sealed proposals will be received | for the purchase of the bonds by the mayor, city treasurer, the presidents of the board of aldermen and common council and the joint committee on finance of the city council till August 11 at noon. i It is announced that the successful bidder shall bear the expense of the preperation and engraving of the bonds and ajl legal cost of establish- ing the legality of the issue and con- trol of their printing and engraving. A certified check of 3 per cent of the bid is required, and said check shall be deemed forfeited upon failure to accept the bonds within ten days after the legality of the issue is established. The bonds are to bear interest from October 1, 1921, and will be delivered to the successful bidder as promptly as possible. The bids will be:opened at noon August 11 in the rooms of the chamber of commerce. There is considerable speculation over the number of votes that will be polled in the primary next gues- day. There are about 3,900 p#tsons qualified to vote in the coming pri- mary. However, it is estimated by those who have made former esti- mates that not more than 2,500 votes will be polled. As' the time approaches for the pri- mary the interest becomes more and more pronounced and politics just now is the principal theme of conver- sation. The state corporation commission has granted a charter to the North- west Realty Company, Incorporated. of this city, with a maximum capital stock of $30,000, and a minimum of $3,000. The officers and incorporators are: A. M. Bremer, president, Wash- ington; J. F. Willette, vice president, Washington. Oscar C. Thomas, secre- tary, Aurora Hills, Arlington count H. C. Harding, treasurer, Washing- ton; Oscar C. Thomas, counsel, Aurora Hilis. Silas Bellefleld, colored, was acci- dently shot at Riverside, Fairfax county, last night. He was brought here and taken to the Alexandria Hos-, pital and treatef by Dr. M. D. De- laney. The bullef entered his side. A séwing class was opened yester- | day at the Friends, playgrounds. on the north” side Queen between ‘Wabhington and Columbus streets. A large number of persons attended and | the opening was a success. A teacher will be on hand every Wednesday from 10 to 12 noon to give instructions. ‘The promoters of the class feel grati- fied over the large attendance at the opening. 3 The funeral of Mrs. Mary Milburn, widow of Timothy Milburn, who died in Richmond, will take place at 11 o'clock tomorrow morning from the residence of her daughter, Mrs. Wil- liam Posey, 1110 Wilkes street. Services will be conducted by Rev. Dr. John Lee Allison, pastor of the Second Presbyterian Church, and burial will be in Bethel cemetery. James F. Peyton is confined to his home in the Wagar apartment by ill- T NNIE ROCKVILLE, Md., July 28 (Special.) —Large crowds continue to attend the services at the annual camp meeting now in progress at Washington Grove, and the meeting is proving full of in- terest_and profit. Yesterday after- noon Dr. C. H. Woolston of Philadel- phia delivered the sermon and_ also spoke at the evening session, and this morning the usual Bible school for boys and girls was conducted by Miss Ethel Rink of Pitman Grove, N. J. Today is Sunday school day at the camp and many Sunday school work- ers and others from this county, the District of Columbia and elsewhere are expected to attend. 2 — . P. Hicks Ray of Colesville has an- rounced himself a candidate thé house of delegates: soon to be made. He is understood to be accept-! able to the leaders of both factions of | the party. It is understood that Lewis| Allnut? of Seneca will also seek one of the democratic mominations for the house of delegates, and he, too, will, it is understood, be supported by the leaders of the two factions. The trustees of the Rockville Acad- emy have decided to reopen the school in the fall. It will, however, be con- ducted as a night scheol, with three sessions a week. and will confine its work ‘to teaching stenography and typewriting. Only -residents of the county will be admitted and no tuition fee will be charged. The academy was closed 1ast year for the first time since its establishment in 1808. Among the couples married in Rock- ville within the last day or two were ‘| Miss Anna Margurith of New York city and George Henry Little of Stan- ford, Comn. John T. Buxton, well known resi- dent of Gaithersburg district, died at his home - at Middlebrooke, eighty-one years. 'General debility in- cident to his age was the cause of death. He is survived by his wife and a daughter. The funeral took place Wednesday morning from St. Rose's Catholic Church, Cloppers. Rey. Fa- ther Guddy, pastor of the church, con- ducted the services. Burial was in the cemetery near the church. —_— FOREIGN BONDS. Belling checks—Dollar values at noon today: b +e- 8.57% Budapest 1769 Prague . Romie Athens Vienna iarmony M.. Iniand Marine, Mass. Cotton Mil Aug. 1 July. 28 1::: 2 Xog. ‘2 for | J¢ one of the democratic nominations torl Ia aged | Berlin 12 | Greater, Bertin 4 1 P S Eovieds 4 AR, "WASHII |SOME FEW STOCKS SHOW BAD LOSSES ¥oi|Very Little Trading in This Group—~Rails Strong. Money Weak.@p i BY STUART P, WEST, '@y | NEW YORK, July 28.—The stock market today was a curious jumble of violent ‘declines in some of the in- dustrials, conspicuous steadingss in the balance of the Industrial list and persistent strength with som® further advance In the rails. The passing of the Pressed Steel Cdr dividend, announced overnight, was | g, the main influence. It drew speculative attention to the possibility of similar action by other companies and started & series of selling movements in these™ resem- bling the decline in the market a month ago and ih the early part of Duly. But the effect of these individual Dpoints of weakness was very different from what it was on the former occa- slon. With Pressed Steel Car break- ing another 9 points, with Rallway Steel Springs crashing down 12 points, and with various others, like Indus- trial Alcohol and California Packing, dropping badly, the general market was scarcely shaken at all In June such collapses in special issues werg accompanied, by unloading of stocks in other directions and a state of general demoraligation. The way the great majority of the list stood up both yesterday and today was a measure of the improvement which has océurred since then in the Wall street position. Following vesterday’s decline In call money, the renewal rate was reduced to 4% per cent, the lowest since Septem- ber, 1919. Along with this there was increasing Noon ‘prices reported to The Star over direet New York-Washington‘wire by Bedmond & Co. a 5 . Topeka and Sania Fe gen. 4s. Atlantic Coast Line Ts. = Atlantic Co. "0t 1981, Buitimore and Ohio conv. 4% Baitimore and Ohio 6s Baltimore and Ohjo 8. W. Bethlehem B f-3 £ k43 . 82 and St. Paul refdg. fl* Mil. and St. Paul conv, 51 icago Northwestern 7s 1980. 102! R. I. and Pacific refdg. 4 o8- Chicago Union Station 614 s . Consolidated Gi Del; ware and Hudson 10815 eneral lien 45 438 | C. 2 100! of Goodyear Tire and Rubber Co. 8 1941... 1013 | Copper Export raud Trunk—3s 01 | Copper Export Great Northern 1004 | Copper Export Central 5 91% | Copper Export International Merca: 70" | Cudaby Packing 192 98 . Rapid Transit Ist and_ref. 67% | B. ¥. Godrich 7s 1! B9Y Lonisville and ville 7s 1930 210437 | Gulf Ol Corporation 7x 1833110 97% Missouri, Kansas and Texas lst 4s 613 | H. J. Heinz Co. 7s 1930. 9034 Minsourl” Pacific general 4x. 5812 | Hocking Valley 6s 1924 01y New York Central 7s 1930 1023 | Humble Oil 7 1923. 97 New York Central deb. 6s 918 | Kennecott Copper 7s 1930, 02! 98" | Ligett & Myers Tob. 79% | Procter & Gamble 7s 1922. 1003 103" | Procter & Gamble 7x 1923 100 Northern Pacific 4s ... 77 | R. J. Reruolds 8s 1922. 8% Packard Motor Car €o. 8% 103 96 | Bears, Roebuck & Co. 7% 192110 99% Peunsylvania 3s 1968, 88 . Roebuck & Co. Ts 1922.. 981 Pennyivania R. R, 6iau 901, | Sears, Rovbuck & Co, 7u 1923.. 94 Pennsyl T8 of 1 © 1083 | Southern Railway s 1922. . 967 Pennsylvania gen. mort ki 96 Reading general 4 . 2 8t. Louis and San Fra 9% Texas Co, Ta 1922 9% 964 | Union Tank Car Co. 7 1 100% 40" | Western Electric Co. T 1 1003y Beaboard Air Line adj. 263 | Wentinghouse E. & M. 7s 1931.. 101% 102 Grain, Produce GRAIN AND PROVISIONS. BALTIMORE, July 28 (Special).— Potatoes, white, new, barrel, 1.5024.00; bushel, 40a1.30; beans, bushel, 1.00a 1.50; beets, bunch, 2a3; cabbage, head, 6a12; carrots, bunch, 1a3; celery, dozen, 75al'25; corn, dozen, 10a35; cucumbers, basket, 25a50; eggplants, basket, 1.00a1.25; lettuce, basket, 4.00a 0. activity at .the lower levels in time |50 money and in commercial paper, and a continuance of the upward movement in bonds. New high prices for the year were established in numerous instances and there was no sign: whatever of a let-up in the investment demand. ; California Packing. California Packing broke on talk of- unfavorable dividend action at the meeting next month. Thé® stock had a similar_decline shortly before the last dividend meeting, but the rumors of a cut at that time were not horne out. Houses representing the principal interests in this com- pany have all along maintained that the 6 per cent dividend was safe, but they, of course, are not unprejudiced. The ' opinion expressed by broke: in the crowd this morning was that the decline in California Packing was the selling out of a loan. National Lead. There has been no transactions in National Lead for almost a week. The stock closed last night 75 bid, offered at 76%. It started in this morning at 74, and broke down in the space of a half hour to 68. The street after this smash was surprised when word came that the regular dividend.i had been declared. Accompanying this news was a statement from one of the directors that the dividend fqr the entire year had been earned. This checked the selling and brought about a partial recovery. Still, apart from the dividend question, National Lead is regarded {n many quarters as hav- ing been selling too high for a 5 per cent stock in a market full of such attractive‘ylelds as the present. United States Redlty. o g b Al Sokohaldution WLl ol il ot L <t R LA MR The spurt in United States Realty | ) accompanied a fresh buying in the bonds of the company which carried them into new high ground for the year. It has been pointed out several times that inside position in Realty s improving daily, the company being able to buy up its bonds in the open market in anticipation of their retire- ment in 1924. It was said by a source in a position to know that the com- pany was buying in these bonds at the rate of $400,000 monthly. - There haye been rumors from time' to time about a dividend on Realty, but such a thing will not come to pass until the bonds | are out of the way. CURB STOCKS: Quotations furnished by W. B. Hibbg & Co. Bia. asked. Aetna Explosives 12% Allied 011 4 EE Cities Service (old) Cities Service pfd. Columbian Emerald ", Commonwealth Finance (IO -1 1 P Consolidated Copper . 1% 131 Continental Motors . .5 [ Cresson Gold L1138 1% Davis-Daly 5 1 Domision 0l ", 7 ] ‘nnunt Motors 2«22 £ 3% 6% 26 27 40 50 2 42 12 1 rederal Ofl 1% 1516 nd O 8% [3 I 2 2 28 2 % 1 I : :\‘ Ty b 107 11y 16 bt 41 Lone Star Gas M) 2 Magma 3 17 19 Maracaibo Oil 20% 21y Mason Valley . 1 2 Merrit Oil .. % % iwest Ofi " com. 2 3 Midwest Ol pfd. S 3 Midwest Refining 110 188 Mountain Producers b 1 81 28 2 I ) T E) Omar -0l (new) . D1y 1500 Pennok Ofl .. . 3% Ay Perfection Tire . 84" 87 Producers and Ret 2 21 Radio com. . 1 1% Radio_pfd. 1 2 Ray Hercales . 18 2% Ryan_Consolidated 4% 5% Salt Creek Producing & 2! - 2 Salt Creek (new) . 0% 10% Sapulpa_ com. . 3 8 Simms Petrol 8 ® Skelly Ol . 8 3 Bouthern_Coai ‘and iron % 2 Sweets Co. of Ameica. 2 Swift International §8 /{mored ‘his som, - FOREIGN EXCHANGE. wtnnmnyw.mn_mhlni at noon: German gov. 4s.. 17 Gorman fov. o0.. 1315 o R RN R R R leh ' { to_zuin Lima beans, basket, 1.50a1.75; onions, 100 pounds, 1.25a1.50; peppers, basket, 30a35; squash, basket, 25a30. Tomatoes, basket, 40a1.00; 40a50. Apples, barrel, 3.00a6.50; hamper, 1.50a2.25; blackberries, quart, 20a30; cantaloupes, basket, 1.00a1.25; currants, guart, 18a20; huckleberries, quart, 20a25; damsons, pound, 75. Peaches, crate, 2.00a4.00; pineapples, crate, 5.00a8.00; watermelons, .each, 15a50; per car, 125.00a400.00. Selling Prices at Noon. Wheat—No. 1 red winter, spot, 1.43 per bushel; No. 2 red winter, spot, 1.42: No. 2 red winter, gar- licky, spot, 1325 uly wheat, No bid; August, 1.31%; September, no bid. ” * . Sales—Bag lots of new wheat, as to quality and conditions, at 88, 90, 95, 1.10, 1.15, 1.20 per bu.; one car of No. 2 red winter, garlicky, at 1.31%; cargoes on grade, N winter, garlick 3113 winter, garlicky, 1.243, 4 red -2 0. winter, garlicky, 1.19%: No. winter, garlicky. 1.13%. Corn—Cob, new, yellow: 3.85a3.90 per bbl.; for white, 15 to 20 per bbl lower in carload lots; contract corn, spot, 75%; track corn, yellow, No. 3 or better, domestic, 82, no sales. Oats—No. 2 white, 5013 and 51; No. 3, 49%a50. \Rye—Bag lots of nearby rye, as to quality, 1.00a1.25 per bushel; No. 2 ‘western export spot, 1.30 per bushel; No. 3, no, quotation. 3 Hay—Prices nominal. Straw—No. 1 straight rye, nominal; No. 2 straight rye, nominal; No. 1 tangled rye, 15.50; No. 2 tangled rye, 16.00; No. 1 wheat, 14.50215.00; No. 2 5 red 2.00; No. 1 oat, 13.00; No. 2 otation, —_— OIL STOCKS. Qestations furnished by W. B. Hibbs & Ce. Bid. Askea Anglo-American Oll C (new) 1 1513 Atlantic Refining C «5 rne-Scrymser Lo, 0 3 Ruckeye Pipe Line Co. Lw . w2 Cheseborough Mpuufacturing Co, 160 180 Continental 0il Co. Tl 108 Crescent Pij Line C 26 28 Cumberland Pipe Line. 5w Eureka Pipe Line kid 80 Galena-Signal Ol Ce 31 a3 Galena-Signal Oil Co. ptd. 20 94 Iilinois Pipe Line C 150 151 Indiana Iipe Line Co. i 8 N: Ilm{-lfl ransit Co.. i L2 Ay ew York Transportation Co.... 137 2 Northern Pipe Line Co. w % Ohio 0il Co. 248 253 20 43 300 Standard 0l Co. Standard 0fl Co. BY DR. FRANK CRANE. (Copyright, 1921.) Each man is two-men; one, the man most people think him, and the other the man known to his family. We each have two characters, a public- and a home character. You are one man in your business, at your desk, selling goods, dealing with . customers and . competitors, voting, going to meeting, as a work- man or a citizen. As such you have a distinct per- sonality. . You may be high and mighty or quiet and efficent, peace- ful or always in trouble. But at home, you are different. Everybody in the courtroom stands up when the judge comes in. At home the judge rises when his.wife enters the room. He may reprimand learned counsel and fine for con- tempt of court any one who talks back. At home his wife and chil- dren talk back all the time and he never says a word. President Harding may have the crowd out to see him When he comes to town, and all the ships firing a resiuentia salute, and military gen- lemen riding prancing horses be- side his carriage, and all that, but his wife, I have no least doubt, tells him to brush off his coat before he goes into a cabinet meeting, and fixes his tie and reminds him to be careful not to say this and that. If she does not she should” A man may be a miser and a cur- mugdgeon in_business and ruin his ren by his overindulgence. - ¢O of the politest men 1 ever kneW, pleasant as ple to ladies and a jovial soul among fellows, was a beastly “and unreasonable tyrant at llomg His children feared him l:s his Wife hated him, and he ,seem: o enjoy it. . I knew a minister once who was a terror to evildoers, strict and un- compromjsing towara all sin, a per- fect pattern of rectitude and a dread- ed authority to his flock, while at home he pampered,.spoiled and hu- laughed at ¥|l eh‘l; cuses, suppl . him money for profligacy m:fld aig his plops utmost him. i : 'We are two men. Every once in & while, In one place, home or out side, we get to thinkiug we are some punkini il .we _get -to the. other place, home or outside, and discover, as the devil said to the sultan, there re\ two OF.us. 2 In Folly Fifty-Fifty. Fio mebe Boston Transcript. - - . A fi?n'l idea of economy. is to tell his wile how to save money. A wom- an’s of extravagance is what her ‘husband spends on_himself. ° " Something More Needed. - From the Kinsas City Journal. - s - “All T'want is a square deal” “Many a.square deal has given me poor . cards,” 4 4 green, | 4 " TODAY’S BOND PRICES. Binclair Conw. 01l Corp. 7%s 1925. Bouthern Pacific 1st ref, ZE. Virginia-Carol Wilson & Co. 1 SHORT-TERM SECURITIES, (Reported by nedmnatc;) * B, American Tel, & Tel. 6s 1922 98% Amerlcan Tel. & Tel. 61 102 Fd American Thread Co. merican Tobucco Co. 78 American Tobacco Co. 7n A Tobaceo Co. 7o naconda * Copper Anglo-Americun_Ofl Tigs Armour & Co. Ts 1980. Dethlehem Steel T 1923 and Live Stock LOCAL WHOLESALE MARKET. Eggs—8trictly fresh, per doz., ‘35; average receipts, 33 Live poultry—Roosters, per Ib., 18; turkeys, per Ib., 33a35; chickens, spring, per Ib., 27a30; hens, per Ib., 23; keats, young, each, 60a75. Dressed poultry—Fresh-killed spring chickens, per Ib., 30a35; r b, 28; roosters, per Ib., 22 turkeys, 40; keats, young, each, 60a75. g Pork—Dressed, small, per 1b., 15. Live stock—Calves, choice. per lb., % hn]'?-' choice, per lb., 10all; live gs, 11. Green fruits—Apples, per bbl. 3.00a 10.00; western, per box, 3.5084.50: California lemons, per box, 10.00a11.00; California oranges, per crate, 5.50a6.50; grapefruit, per cratc, 6.00a8.00; peaches, Der” crate, 3.50a4.50; blackberries, per | quart, 30a35; raspberries, per quart, 25a 50; cantaloupes, 2.00a4.00. ‘Vegetables—Potatoes, new, No. 1. per barrel, 3.50a4.75; lettuce, nearby, per crate, 75a1.25; New York lttuce, per crate, 3.50a4.50; celery, per doz., Toa 1.00; *Romaine lettuce, 2.00a2.50; cym- blings, .per crate, 50a75; spinach, per barrel, 3,00a4.50; peas, nearby, per bar- jrel. 6.00a12.00: onions, 1.50a3.00; cab- bage, 3.30a4.50 per barrel: cucumbers, 1.50a2.50; eggplants, per crate, 3.00a3. tomatoes, per box, 2.50a3.50; corn, per dozen; beans, 3.00a4.00 per barrel. DAIRY MARKETS. BALTIMORE, July 28 (Special).— 38a, Chickens—Alive, springers, per pound, 30a33;, white leghorns, 27a30: old hens, 25a29; old roosters, 15. Ducks. per pound, 20a24; spring_ducks. 25a 28. Pigeons, per pair, 35a40. Eggs (loss off)—Native and nearby firsts, per dozen, 32a33; southern, 30. Butter—Creamery, fancy, per pound, 43a44; prints, 44a46; nearby creamery, 39a40; ladles, 30; rolls, per pouand. 27 a29; dairy prints, 27a29; process but- ter, 32a34. CHICAGO, July 28.—Butter—High- er; creamery extras, 41%; standards. 391s; firsts, 36a40%; seconds, 30a35% Eggs—Firm; receipts, 7,539 case: firsts, 28%%a29; ordimary firsts, 23a2: miscellaneous, 26a27%; poultry. alive, higher; fowls, 26%; broilers, 25a3l. —_— MUSICIANS DISCHARGED. Refused to Discuss Wage Cut With New York Theater Managers. NEW YORK, July 28.—Musicians in every leading vaudeville and mov- ing picture theater here have re- ceived a_ two-week notice of dis- charge. This action was taken, ac- cording to the theajgical manager: because the. directors of the Mus clans’ Mutual Protective Union re- fused to.discuss with them a pro- posed cut in wages of about 20 per cent. = The Musicians' Mutual Protective Assoclation ‘was _organized three weeks ago, when the New York local was expelled from the American Fed- eration of Musicians for refusing to recognize transfers from otker locals. THE X-RAY IN EDUCATION. Remarkable Strides Made in Sci- ence of Radiography. ! From the Edinburgh Scotsman. | Wonderful strides are being made in | the development of X-ray photo- graphy or “radiography,” as the ex- pert calls it. It is now possible to take an Instantancous X-ray pholograph i of, say. the human heart. at a speed | of 1-100th of a second. Things can- Rot merely be photographed, but actu. | ally seen and carefully studied with the naked eye. Most people know that defects in the joints of timber and similar soft “substances can be made visible by this means, but very ! few people are aware of what can! be done with a hard metal like steel. ( It is possible today. with a very pow- | erful X-ray apparatus, actually to} see right through no less than threg; inches of solid steel. The possibilities are endless. Every | ordnance expert, for example, knows | how difficult it is sometimes to ex- | plain a “misfire” in a gun, and what} a dangerous operation is the unfusing | of the shell apd taking to pieces of the fuse to find what has gone wrong. With an X-ray appartus it is per- fectly simplé to look ‘through the fuse while it still remains in the shell | and see exactly whaj the position of the striker is. ST In fact, X-ray photography can pro- duce what is practically a sectional drawing of any piece of mechanism, which should have enormous poten- tialities for educational purposes. These radiographical sets can be made portable, and one looks forward to the day when no experimental or | training workshop will be without gne. How enormoely simplified would ; be, for example mechanics if it were possible to show a class the internal working parts of | i & motor car en«gifi in actual opera- tion. Such a les would be worth weeks of lectures, mnd study of dia- grams, $ Taken at His Word. - From The Boston Transcript. Hubby—You could make me very happy if you would only exert your- self a little. 3 ‘Wifey—But you told me when I ac- cepted you that I'ld make you therl happiest man on earth. How can I improve on fllll; I ERNST & ERNST .AUDITS—SYSTEMS . TTAX SERVICE - 'Washington Office MUNSEY Buoc. , Tt-‘l@)l:o-::e.,_ lz:in 8867 e training of motor ! i Nature Is So Crude. From the Boston Tramscript. Mrs. Newrich (critically)—Who ever saw trees look like them? They don't look natural at all. Dauber (loftily)—Madam, this I8 not nature—it is art. - { » PINANCIAL. LOANS ON LIBERTY BONDS 604 14th St. N.W. The average inves- tor likes to see his security. The First Mortgage is about the only in- vestment on the market which pre- sents to the investor a concrete picture of what is behind it. Qur First Mortgage Notes are secured by im- proved Washington real estate, purchas- ed for Washington HOMES. Let us show you the security be- hind these notes. In denominations of $100 and up. The Average Investor : % Call, phone or “write for letails. Also our booklet, “Safcty First— Then Profit.” William S. Phillips Real Estate Investment 1409 N. Y. Ave. Main 98 ] U. S. STEEL 3 Its quarterly report, out July 26, gives a view of trade conditions for the first half of the year. Copy and analysis of the report will be sent free. General Asphalt 9 We have some interest- ing data regarding this Compiny and the new stock profit possibilities that are being created. Write and ‘ask for &5-W. DILLON 4D CO. STOCKS—BONDS 32 Broadway New York ALBANY OFFICE: 90 STATE STREET Money to Loan $50,000—7% interezt, in sums of $1,000 to $3,- 000, secured by first deed of trust on real estate. Joseph 1. Weller & Wasb. L & raat Over a Quarter of a SURMN AR Your Pleasure in Motoring —will be marred if your mind is beset with worry over pos- sible accident claims. Your car r;ny be damaged, the other man’s vehicle may be ruined by you, or you may accidentally injure a pedes- trian. We offer you the best form of protection and the services of our own organiza- tion which has’ been doing business in Washington for over a quarfer of a century. Let us give you the details. B. F. SAUL CO. Automobile Insurance, 934 N.Y. Ave. NW. . Atrying Business piness and welfare o finance. " Capital, located bank. pay day, remember. 3% You this convenient Lean Business Years i ériod strikes at the hap- those who are engaged in the thrilling enterprises of commerce and But for such there is the compensa- tion of action and responsibility. There is no such compensation, however, for the small in- vestdf whose slowly accumulated capital has been placed in shrinking stock certificates. Our First Mortgage Notes, on improved Washington real estate, have never failed to . produce the full income promised. ' 'Swartzell, Rheem & Hensey Co. 727 15th Street NW. ~ ' Washington, D. C. The Nation’s Home Town 52 Years Without Loss to an Inves Open at 8: .M.\Everz Banking Day :‘ Columbia’ National Bank | 911 F Street " Getting to the Bank —promptly EVERY PAY-DAY and salting away something in a savings account will get you ahead faster<than any other means. * §l Let us help vou builda surplus=—One Dollar will do for a starter at this service-giving, conveniently ] We’'ll be looking for you and your dollar ‘next We querTrauekn' Checks and Letters of Crcln Compound Interest Paid on Savings. can open a Savings Account at Bank with Co-Operative Building ~ A iati Organized 1879 | 41st YEAR COMPLETED o Ansets . 3 Surplus o Save Systematically Thsough the Equitable —Now's the time to make up your mind to join the Equitable and systematically. You will attain gi er results than ever before. Subscriptions for the 81st Issue of Stock Belng Received Shares, $2.50 Per Month 4 Per Cent Interest EQUITABLE BUILDING 915 F St. N.W. JOHN JOY EDSON. President FRANK P. REESIDE, Sec'y, thiased | Information in our Board Room, over the telephone or by mail, to aid in mak- ing. your market deci- sions. ; New booklet “Traders Hand- book”—will make clear many points regarding your stock transactions and " will explain market terms. Ask for UU-471—no charge. BALTIMORE OFFICE 433 EQUITABLE BUILDING * Telephone: St. Paul 8451 Direct Private Wires New York Chicago Boston Philadelrhia Pittsburgh Detroit Baltimore Cleveland 1| JonES & BAKER Members New York Curb Market CITIES SERVICE SECURITIES Bought, Sold, Quoted THOS. W. BRAHANY & CO. Investment Securities ™ 510-11 Evans Building ‘Washington, D. C. Main 6189 The Investment That Has Earned PRESTIGE FIRST TRUST NOTES 7% Safety Ease of Mind Convenience In denominations of $100, $250, $500, $1,000 LOAN DEPT. SHANNON & LUCHS by 713 14th St. Surplus, $250,000.00 1 Jee as little as