Evening Star Newspaper, August 5, 1921, Page 10

THE EVENING STAR, WASHINGTON, D. C, And Right There Is Where I Made My Big Mi FRIDAY, AUGUST 5, 1921. TODAY’S BOND PRICES. take. —By Webster. [ ADVANCE IN COTTON PRICES | ——— BOOSTS CO;FIDENCE IN SOUTH SEHUU'— SAVINGS AN "2 n prices reported to The Star over direc! | Packard Motor Car Co. 8s 1981 081, —_— = = “ew York-Washington wire by Redmond & Co. i B9 1968....... 2% £ oF Faris Ge 1921 = ax — — It. ‘and San Francisco 4 2y } St. Louis and San Francisco 8s 1929..... 90% 2l s e e g IMPURIANI FAEI“R Bravoind R1F B ety L 8% Spirit of Optimism Now Diffuses Every = s, ON 'Corp. e 1 [ 5 3 2 : gg Line of Business—Conditions Now Total $3,475,867.96. s RN O Tnion Facte i g2 Elsewhere. Teaching Thrift—Lanston Union Pacific con: timore and Ohio conv. 414s. timore and Ohio . «timore and Ohio 8. W tiilehem Steel refd. 5. *islington (N. P.-G. Union Pacific 6s s United States Rubber b United States Rubbe: United S | Dividend Declared. BY RALPH SMITH. ing payment for coal to two men, to * the conciliation board. BY L A. FLEMING. 1011, wudian Northwest ";.‘;:I_ Car 91 Special Dispatch to The Star. ,:::: ;-‘:"qug-'{w Wileon & € 883, ATLANTA, August 5.—No develop- One of the special subjects of dis- eaapeake and Ohlo conv. 4ign. —_————— ment of recent months has so stimu- | KANSAS CITY, Mo. August 5— |cussion at the recent convention of 1ES lated the business confidence of the| Drices have been requced by dealers e Distriot Baukers' Association, & ITIES. umber hardwood, shin- |Biven c erable attention at the SHORT-TERM SECURI south as the advance of $5 per bale| gles, lath and window frames. The |lime, was “School Saving ¥ (Reported by Ih‘mnnd.cnfli: ey In the price of cotton. A epirit of | common grades of lumber remain (pHoward Moran, president of . X ary in price in this market. e American Security and Trust n . nd and Pacific optimism has been aroused and I — {Company, prepared the paper and iieago Union Kt nsolidated Gas 7 fon Blg. American Tel. and Tel. G 1022 ] American every line of business there are evi- also heads a committee to push the b Rt ol American Thread Co. 01 108+ 000 (008 dences of renewed activity based on| SAN FRANCISCO. August 5—Ow.|work in Washington during the cur- v Tal len 4s. . . - s e melon croj A8 no' y > §s i-neral Electric %o Aumerican Tobaces Co. 12 1000 100 1017 assurances that the month will mar-| ;2% JT9R% MIT MO D0 FaP BA0 Bhe| At first glance one might mot be U ddvear Tire and Rubber Co. ¥ 1041, American 23 e ket its chlet crop this fall at prices| demand is strong, with prices good. |impressed with the importance of v _rand Trunk 7 re o e 10074 that will encourage liquidation of | Péach canners are buying in a limit- (8chool savings, figuring that a few et w : ed way, but shipping demand is |thousands would Gover the possibiil- 4 long standing obligations. heavy. Prices hold firm at from $35 |ties of the scheme annually. Many believe the advance in price| to $50 a ton. ‘The American Bankers' Association is only a forerunner of further ad- i 1has glven great attention to the vances as the effect of curtailed ac-| Men's Clothing. subject, and is aboul to present a reage and inroads of boll weevil be-| NEW YORK, August The in- |complete report of its workings in come more evident. It is pointed out! creased use of tweeds and other |the United States. that whatever the price, the crop will | rough fabrics in men's clothing is| Preliminary reports covering the show a substantial profit, as the cost | tending to reduce the cost of pro-|School year 1920-21 indicate an en- of making it has been extremely low. | duction. This reduction not only is|couraging increase in the collections Each advance, of course, means great- | 1oted In cost of material, but the|from $2,800,511.15 for the previous R rofits ana better opportunity to| FOUEh fabrics do not necessitate the | vear to $3.4 6. The American Bankers' Association . Yew York Central deb. 6s. £ New York Telephone r.. Norfolk and Western con: Yorfolk and Western con Guit 0il C same caref; tailori; k the . J. Hel b+ market hold-over cotton advantage- | ul tailoring that the % E”.n‘-'n’:«‘)'fl"-;”f 1934, 82 e ONOE; smooth fabrics require. lsflue;m:;::aglng‘ the emntfl!snfim of [umble s . v ice , ystems in every school n the T 1, Following the advance in the pric 5 < ; . Kennecutr Copver T 1081 4 of e wholesters ana Jobbers| Lo Wesles. | e e e f mest omes Lgsett & Myors Tob 00 ! b Tn many linen reported Increased buy- | , POSTON. August 5—While wool |country. eachers assist in the work 3 Procter & Gamble 7s 1923 100! ing, especially from the rural di n?: S';:ultrf)f Tr;’emnprel’:n?u::lg»:doxu:;; by .—.ufiéflf..; ll;lyl‘ba‘nn: ofi‘ix".u?'.fm?‘f;‘f —Plitt service is highly efcient: [ K. J. Reyuolds 6s 1022 tricts. Manufacturers who could see | yimerican Woolen Company and over |Ployes. The A. B. A. also furnishes Bears, Roebuck & Co. 7a 1 Sears, Roebuck & Co. Ts 1022 Sears Roebuck & Co. 78 1 only the red side of their ledgers for months now hope the year will show a profit with fine business during the you can use it with profit. Paint- & ing, Paperhanging. Uphoistering. much literature. The plan of making each pupil a patron of a savings bank is also the fact that liquidation of piece goods now is practically over, they \) o, Southern Railway 6s 1022 973y 97ig view with some alarm the importa- Geo. Plitt Co., Inc., 23252485 | soutuwestern Bell 7o 1925 98 984 fall and winter. tion of English yarns at prices vadi- |Causing a thrift and <aving habil o 4 *3 Main 4234-5 Bwift & Co. gn 1921 w% 0 cally lower than those current here.|2MOnNg the teachers. Bwiftt . T8 5 i Soant v t Out of i 23 5 fon, i The English, they assert, are not of a total enrollment in 236 e fask Car Co_ 7o 1980.... 1013 10114 DO You REMEMBER WHEN You Broader Optimism Noted making & Drofit on these sales, but |Cities. of 1479,565 puplls, a matter of AND RIGHT THERE 1S WHERE | MADE my BIG MISTAKE 666,478 pupils participated in the sav- ings scheme. “Because of these activities,” said Charles A. Deppe, chairman of the A. B. A. committee, “men and women of the next generation are to have a are making them because they need stern Electric Co. 7s 1825 ready cash. &5 ‘We-llnshouu E. & M. 7s 1981.. 1013, _— STARTED THATGARDEM? HULDA OFFERED To TAKE CARE OF IT BUT You SAI0 YOu WOULD BE ASHAME D in St. Louis Trade Lines BY J. N. FINING. Bpecial Dispatch to The Star. ST. LOUIS, August 5.—The consplc- Dry Goods. SEATTLE, Wash, August 5.—Only n't a telephone girl's occupation oty Wiy iz & 2> in low Looated ling?" asks the Philadelphia Bul- “9 LET A WOMAN LoO K. seasonal improvements are looked 0 408410 MoLachlen o & calling has uous feature of commerce in general better undersianding of busines: ’ letin. No, as far as our experience AFTER YOUR GARDEN P Enoat this district is a frmer, |1oF Il‘x;r&a'"nio::umn;:;-"_ thronghout | mietnods, of the. oriein and use of o e Sl {shown. it's a “busy!'-ness—New Orleans Times Picayune. [fl——]o]c——=]o]l==]o]———=]o]l=——3C Capital & Surplus, $200,000-Resources, Over $1,900,000 capital, of the facilities for keeping currency in circulation and a wider and more general apprecistion of th: services of banks. “In other words the pupils in the public schools will learn these simple rules of business which makes for better citizenship and larger happi- ne'n. these terms including proper care in’the spending of accumulated funds, either for consumption or investment.” There were (wo interesting sales in bonds on today’s session of the local liveller and broader optimism. Busi- ness men are sure they see an open road ahead. This optimism has its! source in conditions deemed both material and permanent, such as easier financial conditions in agricul- tural districts and progressive read- justment of business in the cities and towns. There are signs of a vigorous liqui- dation of retail stocks at lower prices, following the example set of the larger department_stores, although NEW YORK, August 5.—More buy- ers for department stores through- out the country arrived here so far this week than at any similar period this year. On one day more than six hundred registered CHICAGO, August 5.—July eales of Montgomery, Ward & Co. show a decrease of 41.13 per cent from July, 1920. Total sales for the seven months this year were $41,499,555, as against $66,642,316 for the same De- riod of 192 ] E 3 3 i H i H |4 PR The Price of Peace of Mind {] Why go away with the safety of valuables left behind, hanging over you like a nightmare, when vou can give them 1009, protection at a cost of less than a cent per day? @saFE DEPOSIT BOXES $2.50 39, Paid on Daily Savings Balances Montlx]y Statements on Commercial Accounts Mount Vernon Savings Bank =—=IE} Cor. 9th St. and Mass. Ave.FI=—-=1 AT LESS THAN FABRIC PRICES 8,000 MILES GUARANTEED A wonderful opportunity to get some good Cord Tires at 50% off the New Low List. Every Tire a Non-Skid. Here, below, is another good pick-up on good regular fabric tires: 50% Mileage Guaranteed in Writing 50% All Non-Skids 34x4 2xdy; .. 33x4Ys - 34x4%4 7 $1! 35x4%; One Dollar Tube Sale Good Heavy Tubes. Red or Gray. When you get one tube we give you two for $1 more. Buy now—jyou will never buy so low again. DIXIE TIRE CO. 1118 H Street N.E. Open Evenings and Sunday A.M. OFF Wdile @ dike @ WOldite @ e it ¢ 238EE SO PO S i (e WELL-DRESSED MAN By ALFRED - STEPHEN - BRYAN - For Summer Tuxedo Wear: Black Jacket And White Trousers— Forked-End Tuxedo Tie—White Waistcoats ‘With Informal Evening Dress—A “Country Squire” Straw Since Bluebeard, the bogey. it has been the way of humans that f you forbid something you at once make it attractive to some people. There a iways men who fairly tingle to transgress the established rules of correct dress, simply because the breach is more inviting than the observ- ance. This is particularly true.of evening dress and of midmost summer.<To be sure. when the night is sultry and all that sort of thing, conventional evening clothes seem a goodish bit of a burden. Neverthe- less, one_cannot well go in for caveman comfort. Wiser heads than ours instituted evening dress to maintain dignity and uni- formity in men’s looks and to prevent that hodge-podge which is inevitable, if we ail “gang our aln gait.” Still, being correctly turned out of a summer evening for, a dance, does not at all necessitate being a martyr, if you know what to wear and where to wear it. Thin black worsted is no heavier than any woolen cloth worn in the daytime. Evening waist- coats are now cut without backs, consisting of merely a narrow band of cloth below the collar and above the waist- line. Indeed, the waistcoat, with the dinner (Tuxedo) jacket, may be omitted altogether and 'a narrow black silk sash may be worn, thus hiding the line where trousers and shirt come together. Shawl Lapel; Link Button ‘Whilst pairing off the black dinner (Tuxedo) jacket with white serge or flan- nel trousers, as portrayed in the accompan: ing sketch, is not to be recommended for occasions, such a combination is to be met country and seaside dance and about vaca- tion resorts generally. Collegians and the legions who follow them go in for this sort of thing. 1t may not be strictly correct, but how can one be correctly strict, when one perspires like a harvest-hand? The jacket hown has satin-faced shawl lapels, raised ove-heads, semi-vertical side pockets and a slanting breast pocket. A front link but- ton is the only anchorage. Unlike daytime Jackets, this one is well-waisted, rather short and worn fastened. The trousers are roomy at hip and knee and cut without bottom turn-ups. The collar Is the wing and the black bow-khot, *snug of knot and spreading of ends, §s worn over, not under, the collar-tabs. Some time ago it was a fashion, or, to be precise, a fad among youngsters to af- fect the turn-down Tuxedo collar with the tie-ends pushed out of sight beneath the collar band on each side. This practice has lapsed, because either it was not becoming, or it was becoming too widely used to be ac- ceptable to those who would almost rather be dead, than not be different from the gen- erality of us. The heir apparent to this fad is illu- trated here. The tie, which has split or forked ends, s drawn up right-and-tight against the top of the collar, thus achleving an easy-breez look, which is not half bad, if not wholly good. Tradition Be Hauged It may come as a bit of a shock to the stick- ier for the hard-and-fast conventions, endearsd by custom and hallowed by tradition, that as many men, i not more, wear the white waistcoat today with the dinner (Tuxedo) jacket, as the black walstcoat. This change has come about gradually and almost imper- ceptibly, until it is now established among well-turned-out men in the more sophisticated centers. A white waistcoat of such a type s pictured here. It iIs worn with the black bow- knot tie, the wing collar and the two- button shirt, having a limp, semi- arched bosom. Be good enough to observe the new narrow waistline of this four-button garment, the but- tons set close together at the bot- tom, the broad, deep shawl lapels and the cut away scyes (armholes). At the top of the column is re- produced straw hat woven, Pan- ama shape, of banana fiber, & brald which is not expensive, yet looks spruce and is astonishingly light and cool for midsummer. The creased crown, broad brim and very narrow ribbon lend to this quite an air of 5 the y ‘“master of broad acres” surveying his calves—that is, in the clover or the barn, not in his stock- ings. NOTE—Questions Mncernlns Cerrect Dress for Men will be answered by Alfred Stephen Bryan, if addressed to him in care of this newspaper. To insure a reply, a stamped envelope must be enclosed. (Copyright, 1931, by Alfred Stephen Bryan.) FOREIGN BONDS. FOREIGN EXCHANGE. Quotations furnished.by W. B. Hibbs & Co. Frices at noon: Warsaw . Copenhagen . Christiania Stockholm Amsterdam Belgrade Montrea Budapest Y 3.50! Lot 12y 12% CHICAGO BROKER DIES. five years. 8 CHICAGO, August 6.—Joseph R. Wilkins, seventy-nine, formerly chair-| sjagges of employes, unsiilled work- man of the Chicago Stock Exchange, r died here yesterday after a six- month illness. He was born {n Phil-| mitte empl it which Sfelphia and had resided hers forty-| ip aswire coniinmed . operstlon of tments AFTER CALL Capital Traction—25 at B7%. Anacostia and Potomac 1st 5% (ungusranteed) —$1,000 at 68, Mergenthaler Linotype—5 at 1193;. Anacostia and Potomac 1st Ss (unguaranteed) 11 Toan, 5148614 per cent. Bid and Asked Prices BONDS PUBLIC UTILITY. Asked, 81 o1 85 101 Telephone 5t ction B. R. City and Surburban’ 5 Metropolitan R. R. 5 Potoma Potomac Electric Power 8. Potomac Elee. Power Washington 58 77 Washington 7i 102! Washington Rwy. and Elec. ¢s.. 61} 61 . Liwy. and Elec. G. M. 6s. 9233 98 MISCELLANEOUS. Riggs Realty 58 (long). 88 Riggs Realty 88 (short). 9 STOCKS PUBLIC UTILITY. American Tel. and Telga. 105 Capital Traction 86% | Washington Gas 423 Norfolk "and Wasb. 177 Wash. Rwy. and Elec. co 2 Wash. Rwy. and Elec. ptd.... 55 American Capital 170 Columbla 175 Commerci 170 District 170 Farmers 215 Federal 170 Liberty . 120 Liucoln . 165 National Metropolitan Riggs SAVINGS BANK. Commerce and Saving 5 East Washington . 12% Merchants® - 187 Becurity Savings 205 Seventh Street . 150 jon Savings . 1z 8. Savings 200 Washiogton Mechanics’ . 25 FIRE INSURANCE. Arlington . 9 Corcoran 15 Firemen's 19% 250 % TITLE INSURANCE. Columbla Title... « [ Real Estate Title . % 5 MISCELLANEQ Columbls Graphophone” com...." 4% & D. C. Paper Mfg. Co. s Merchants® Transter and Storage ..... 1if Mergenthaler Linotype 118 119% 0Old Dutch Market com. 3 [ 0ld Dutch Market pfd. 7 Lanston Monotype T2 Becurity Btorage . 200 Washington Market . 2 —_— COTTON MARKETS. NEW YORK, August 5.—The cotton market showed renewed firmness at the opening today, owing to reports of an increasingly active business in goods and the continued bullishness of crop advices. First prices were 8 to 15 points higher and the active months soon sold 15 to 16 points above last night's closing, making new high ground for the movement on all positions. October contracts sold at 13.28, or 142 points above the low prices touched shortly before the publication of the bureau. There was some selling by southwestern spot houses at the opening, but other spot houses were buyers, and | ¢’ there was a good demand from brokers ‘with Wall street connections. Futures opened firm. October, 13.18; December, 13.65; January, 13.63 ; March, 13.87; May, 13.92. NEW ORLEANS, August 5.—Further claims of crop deterioration in Texas and the warm and dry weather prevailing over the greater part of the belt put the price of cotton sharply higher today, the active months rising 24 to 26 points in the first hour of the session. October advanced to 12.92. It was generally con- sidered that, without rain, the crop was falling to a lower percentage of condi- tion than that returned by the govern- Belling checks—Dollar values at noon today: | ment on July 25, when all low records Lon for that date were broken. Futures opened steady. October, 12.75; December, 13.11 ; January, 13.10; March, 13.34; May, 18.49. ‘WAGE DROP HITS 12,000. ° LYNN, Mass., August 5.—A wage re- duction affecting 12,000 employes of the General Electric Company’'s plant here was announced today. The cut will vary in amount with the several ers’ wages bei ng reduceq most. The announcement followed conferences between the management and a com- operation of discussed. various were the smaller shops, beyond the sphere of strong competition, have not join- ed this movement. Much of the buying is done by women and follows aggressive adver- tising of real bargains. Unsettled and fluctuating prices are impeding the progress of wholesale business in this territory, although stocks are very low. The financial strain in the grain and cotton districts has slackened be- cause of foreign grain purchases and arrangements for credit to finance cotton marketing for export. Changes, Though Slight, Point to Steady Upturn BY PHIL S. HANNA. Special Dispatch to The Star. DETROIT, August 5.—While chang: have been slight, they have all point- ed this week to a steady upturn in business in this territory. The great bulk of workers again are earning enough to lay money aside. Returns from early crops are flowing into the country banks and wholesalers say demand for nearly every kind of mer- chandise from upstate is quickening. Collections are better throughout the district and the employment situa- tion is improving, as is shown by increased attendance at amusements. The crop outlook continues good. with corn growing remarkably, sugar beets doing well and beans in’favor- able condition. Thrashing is general throughout this section, but the grain yields are light. Fall plowing has already begun. Establishment of a third freight- ship line to New York via the Great Lakes and the New York barge canal was announced today. There is no let-up in the capacity production of the Ford factories, and new price cuts have given the Reo Company a rush of orders. Sales of higher-priced cars are showing some hesitancy. BUSINESS NOTES. ' JOPLIN, Mo., August 5—Suspension of operations by the Missouri and Arkansas railroad between Joplin and Helena, Ark., will give motor trans- portation a chance to prove its worth. The withdrawal of trains has left residents for 346 miles without other means of freight or passenger service except by horse-drawn vehicles. The test will be made more difficult by many bad stretches of roads between the two cities. TOPEKA, Kan., August 6.—The at- torney general of Kansas has begun an investigation of the ice business throughout the cities of, the state. Residents complain strongly at the prices charged, which average about 60 cents a hundred pounds. The at- torney general has recommended the acquisition and operation of municipal ice plants. NEW YORK, August 5.—Men con- nected with the moving picture indu: try here estimate that five thousand moving picture theaters in various sections of the country have closed their doors this summer. Some film men attribute this to production of films which have failed to meet the popular fancy. In the Pacific north- west, It is reported, attendance has fallen off 50 per cent. ST. LOUIS, August 5.—Savings ac- counts in banks here, which had stead- fly diminished since June 15, have taken a trend upward and have shown an increase in the last week. This condition also is observable in the smaller citles in this section. DETROIT, August 5.—More savings accounts are being Increased than diminished in this territory. Also new accounts exceed those withdrawn. Up to August 1, the opposite was re- ported. Commodity Reports From Various Sections Iron and Steel. CLEVELAND, August 5.—Iron ore shipments from the mines of the Lake Superior region for the first seven months of this year totalled 10,418,915 tons, as against 26,079,111 tons for the corresponding period of 1820 The shipments for July aggregated 4,047,- 7 tons. YOUNGSTOWN, Ohio, August 5.— The price of northern silvery and Bessemer ferrosilicon pig iron have been cut by central Ohlo producers an average of $8 a ton. Improved buying, manifest for the past several weeks, reached its climax In this district during the past week, when the largest week's iron and steel. production_since last January was recordede Heavy increases in output were reported by the Republic Iron and Steel Company, the Briar Hill Steel Company and the Sharon Steel Hoop Company. BELLAIRE, Ohio, August 5.—After being idle for several months, the Benwood plant of the Wheeling Steel Corporation has resumed operations, giving employment to 1.000 men. Practically all the employes are local mgn. on. SEATTLE. August 5.—The retail price of gasoline was reduced two cents a gailon in this territory today and now sells at 25 cents a gallon. PHILADELPHIA, August 5—The Lehigh Navigation Company an- nmounces that all mining operations are shut down as a result of a “miners’ vacation,” in which 8,000 miners left work. I is est: at $50,000 & 8ay. The company declares the men refused to | 33.285; Ohio, submit the question at issue, regard- | heads. stock exchange—one a sale of an Ana- costia and Potomac River guaranteed = Cottons. 58, and the sccond of the 5 bonds of NEW YORK, August 5.—Cotton|the same corpoiation, sans the guar- manufacturers here are watching|anty. closely the price trend of the British textile trades for possible effect here, especially in view of the reduction just announced of from 15 to 20 per cent on cotton cloths by Horrockses, Crewdson & Co. of London. This cut was partly due, it was said, to further reduction in wages Live Stock. CHICAGO, August 5.—The work of financing live stock growers over this season by means of the fifty-million- dollar live stock pool has progressed sufficiently to produce widespread beneficial results. More than $5.000,- 000 in loans have been placed over the central and western sections. For the year to date $7,000 of the unguaranteed bouds have been traded in at 73 for hiku, down to 62 with & recovery to bu. ioday a $5.000 block so0ld at 68, tne years high. The guaranteca bonds brought the same price as on (ne Nrst transaction in them during 1¥z1. Washinglon Gas was the active stockleader of the market, a number of sales being reported at 43 to 42%, the closing figure. pital Traction 27%5. Lanston Dividend. The reguiar quartcriy dividend of 13 per cenl has wvced ucciarcd on Lansion snares, payabic August ol v stocknolders of recurd Auguse zU. This 18 Lue Lilic 0L uhl auuress which A. C. Fialber, Ialager 0L Loe depar ment of New busiicss O Lhe AMcrican Security and 1rusi. Lompany, is Ge- JUVENDE LOIS &1LerDOLL b Aue LAuA- ing Course beIore L SCA00L 10T dup- Piy UIMICErS OI Lac SNavy Lepartment. Llie ieclure 15 Lie LLIrd D Lus cousse of Lwenty-ome, i Whicn &il Lae ica g baners of wasniugtun will take part. Mr. Flather's talk will be appre- clated by tue Navy boys, because of the eSpeciai luvi (hdl e Served for iwenly monlns duriig the War «on snipooard, suu uc aumils thet his “DUNKING aiuiis Piepared tne Way Lor NS SUCCtssiul miasicring Of duc ProbIems O fanuuls Lie duies of se- 110X SUPPLY vluCer va Loe DRUgLPOrt and @8 DIEN 4o Loilly-LWO AeBlioyers WOTrKIDg In asu vul vl Bres.” The NEXt levow.c in the course will shares brought Potatoes. KANEAS CITY, Afo., August 5.—Po- tato growers of the Kaw valley, who last year received $6 a bushel for their crop, now find their produce a drug on the market. Commission men are offering as low as 30 cents a bushel ;«:1;590!!!0&!. which are retailing at Pianos. SEATTLE. August 5—Prices on pianos are now from 15 to 20 per cent below those ruling last spring. No- ticeably improved workmanship is re- ported by dealers and buvers, espe- cially in the cheaper pianos. Leather. NEW YORK, August 5.—The market for upper leathers, which has been active, now {s experiencing a period of extreme dullness, although prices are practically unchanged. The mar- (b€ on the ~aure ana Use oi ket for calfskins shows continued [Aoney,” by vi . Deyuer, presi- strength. aent of the Sc.oo.u Nalivnal Bank. Diviu.wus Declared. Regular Buct wugar dividend, $1.50-a share on tnc j.wicired, PAyADIE Sep- tember 10. Regular dividend declared on Ameri- can Smelters preierred stock. Hegu- lar dividend o1 23 4 snare on Btandaid Oil of New Yurk, payable Septem- ber 15. Rubber. AKRON, Ohto, August 5.—The B. F. Goodrich Company, manufacturers of tires, reports a steady improvement in its affairs. It has reduced its bank indebtedness from $29.000,000 to $14,- 900,000 and expects Lo be clear of debt by January 1, 1922, —_— CURB STJICKS. Quotations furpished by W. B. Hibbs & Co. 12415 p.w. Jewelry. NEW YORK, August 5.—Orders for diamonds from retalers in some sec- tions of the country now are ap. proaching “mormal.”Diamond ° mer. chants 100k for a rise in the price of " Stones, due to the increase in de- | Atied Ol rerre. mand for cut stones and the scarcity | Arkassas Natural Gas of rough stones, production being re- | Big e stricted by the policy of D by Policy of the diamond | oone O Boston and Wyoming Caledonia . . oo Paints. . Jerome - BV ND, . —] - August 5—Paint | Carbon Btesl - cgmpanies here look for a decided in- crease in business this fall. The Glidden Company has put all its salesmen back on the road and will operate at 75 per cent of capacity in all plants during August and Septem- ber. Commonwealth Finance o Consolidated 1 Continental Motors ;K: NEW YORK RESERVE BANK. |Sreemcn oo i NI 5 it o1l NEW YORK, August 5.—The state- | Domision OF - =y ment of condition of the Federal Re- | Elk Basin .. a;"a serve Bank of New York at the close | Empire ¥ ' Petrols 50 of business August 3 shows: B0 55 @ Total gold reserves, $827,039,482. Farrell Coal « 14 Total reserves, $5894,601,505. ‘ederal Ol . Bills discounted, secured by govern- ment war obligations, for members, $135,175,047. All others, for members, $244,245,431, Bills bought in open market, $12,- | Granada Oil. 732,480. Hulll>.. S0 Hercules Total bills on hand, $430.037,959. lnuwonflnm‘;l S1, Total earning assets, $493.176,359. Uncollected items, $111,827,115. Due to members, reserve atcount, $620,915,972. Total deposits, $645,279,448. Federal reserve notes in actual cir- culation, $647,345,650. Ratio of total reserve to deposit and federal reserve note liabilities com- bined, 69.2 per cent. WOOL DEMAND FAIR. BOSTON, August 5.—The Commer- cial Bulletin tomorrow will say: ‘The demand for wool has continued of fair proportions during the week, with the chief call for three-eighths grades and finer. The government ‘wool auction Thursday was rather un- satisfactory, with less than 650 per cent sold at prices which were a bit o easier. Western 'buying proceeds slowly at unchanged rates. The goods market is ip a healthy frame of mind, the openings of lightweights thus far having met with & very satisfactory response. Prices in the primary mar- kets remain fairly steady, with good clearances reported. —_— LEAF TOBACCO MARKET. BALTIMORE, August 5.—With re- ceipts of 1,780 hogsheads and sales of 1,427 hogsheads, the market comtin- ued active at former prices for all good tobacco. z Common grades remain very dull and inactive. Maryland prices per 100 Ibs.—In- ferior and frosted. 3a5; sound com. mon, 6a10; good common, 11al17; me- dium, 18a27; good to fine red, 28a40; good to fine, 'y, air-cured, nomi- nal; ground leaves, new, 2a23. International Petroleum e Ve Sapulps_com. Simme Petrol Skelly OIl .. Stock in warehouses: Maryland,| Usually the fiddler is paid by som 4,788; total, 38,073 hogs- [one who didn't dance at all.—Nashvill s —samerim St | Tennessean. v .