Evening Star Newspaper, August 12, 1921, Page 11

v FINANCIAL, FINANCIAL, mm“ NEW YORK STOCK EXCHANGE AL WEAK SPOTS e . % Bt 5 Close Open New Low Records Establish- AUGUST 12, 1921, ° *u TODAY’S BOND PRICES. Noon prices reported to The Btar over direct | Southern Nallway S e I Z E N S New York Wasilugion wire by ieguiond & Co. | Unlon Pacific st 4. MARKED CHANGES |02 A2 B¢ e (TizENs |IERDTS I and Irelang Sihe 15201 Bhy, Wiken'a Cor et ey : “First Mortgage Notes” Tel. and Tel. cony. 6s. n e of §2 L SHORT-TERM SECURITIES. " dhedi (Reported by Redmoud & Co.) Low % sody Wi e Open. Wi Adax Rubbor...... &4 =4 Allled Chemical... 3h's %'s Allls Chalmers. ... wh Allis Chalmers pf. T4 Am Agr Chom. . 0% Am Beet Sugar.... ' Am Bosch. ....... Am Brake Shoe pf . Am Can. High. Low. Clowe 109% 10w I “s 2% . U4 U4 "% | Va Iron Coal & C.. 63 ) 2% | Vivadou. o™~ o™ 204 U & Steel pt. -Fargo Western Md Western Pacific. Weakness Apparent in Indus g ey investment American T ed—Market Showing - Much Mixed. BY STUART P STREET, NEW YORK. Au- part of the time in today" market it was still a case of professional speculators casting about for weak spots and hammering away first at one spot and then auother, in the hope of starting a zeneral liquidstion. 'New low records blished in a number of in- S bly Central Leather, com- m and preferred; Industrial Alcohol, and one or two of ss in the the smelting es, and_ the motors, under the lead of Studebaker, were driven down again. going on in these acts were being ered in in others, the mar- ket thus assuming a very mixed a pearance, with some groups holding up very well. Movements Outside Unimportant. Outside the stock exchange. the movements were quite unimportant. 11 it 1s true that, with alditional gold shipments on their way from Ger- many. provision for the remaining in- demnity been completed, would account for the tenden ring the last few days for ates to settle down around nt level. With rations ispended for many the main incentive in the exchangs moy T There was ppers and in quietly u -r upon the money held firm. with call wing at 6 per ¢ nd time funds nmanding, 6l combined re- - ratio for the federal reserve highest s = is no let-up in gold ich added another $: i during the t g is that on the membe ctions and have not t ount privi ystem. Influence on Money Rate: is is an interesting exhibit. If ks, in the face of the large afts upon them during the last fort- °t, have Kept on paying off in- debtedness to the federal reserve in- jons. instead of utilizing. a: might be expected. this source of fresh credit, it might well betoken a will- ness to keep mone: rates high. wa. £ now, how- -ver, It is on tion of time when any effort that therc may be to keep money tight will be undone by further reduction in federal re- serve disconnt rat As it looks at vio-ent another series of cuts cannot e far off. 00 at 891, SLo0o at 8915 FL0 at 941 80 Money—Call loan, cnt. Bid and Asked Prices BONDS PUBLIC UTILITY, American Tel. and Teiga. 4s. American Tel. and Telga. 4155 Am. Tel. and Tel. ir. Wash. Bwy. and Ele MISCELLA Rigss Realty 5s (sori). STOCKS PUBLIC UTILITY. cl. and Teldu....... orfulk aud, Wash. Vash. Rwy. ‘and Elee. cow. Wash. Bwy. and Ele American . Capital unibia Conumercial Tuiom w Arlinzgton Corcorun Firemen's American National Union T Columbia_Title Real Estate Title MISCE nbla Graphophow . Paper Mfz. Cc Merchants' Transfer a3 Mergenthaler Linotype . Old Dutch Market com. Old Duteh Market pfd. Lanston Monotype Security Storage Washuigton Market _ OIL STOCKS. Quotations furnished by W. B. Hibbs & Co. Anglo-American Oil (new).. Borne-Serymser Buckeye Pipe Line Cheseborough Contimental Ol Co.. Crescent Pipe Line ¢ Cumberiand Pipe Line. -ka Pipe Line. gual Oil €6, com. Galenu Nignai_0il Co. pfd. Tlinois Pipe Lin Pipe Line Transit (o ransportation Pipe Line Co. Pinitie Pipe Line Co. Solar Refining Co. Sonthern Fipe Lin Sonth 0il ¢ thwest. Penn. adard Oil of ndard OI1 of I Standard Ol of Kansa Standard Ol of Keutueky Standard Ol Co. Nebraska Ktandard 0l of New York. Standard Oil Co. Ohio. Swan & Finch Co. "nion Tank Line Co. Yacuom 0i1 Co. 3 Washington Oil Co. —_— FOREIGN BO) Berlin 4s. erman gov. 4s. or Berl 5 German_ oy Krupp 4. Bad. Aniline Fiambnrg Homb Hambuiz Leipz Toiyaig Manich 4s. German gov. 8s. German gov. 3igs 11 Italian notes 1935 Belgian Rest. 5 Belgian Prem. 5s. 76! Am Can pf. AmCar & Fdy.... Am Car & Fdy pt. Am Cotton OIl. ... Am Cotton Oil pf.. Am Druggists. ... Am Express...... 117 Am Hide & Lea pf. 8'% Am International. 29% Am La France. .. 8% Am Linseed. 0% Am Locomotive, .. Am Safety Razor. Am Ship & Com... Am Smelting. Am Steel Fay. 13 Am Sumatra. Am Tel & Teleg. Am Tobacco. . Am Tobacco (B).. Am Woolen i Am Writing Am Zinc & Lead Anaconda. Atchison. Atchison pf. Atlantic Cst Line.. Atlantic Gulf. . Atlantic Petroleum Baldwin Loco. ... Balto & Ohio. Balto & Ohio pf. Beth Steel (R). Beth Steel 7% PL Butte Copper- Butte & Superior. . Butterick.....ooe Caddo Oil. - Calitorn 3 California Petrol.. California Pet pf.. 71 Canadian Pacific. . 112, Case Plow Works. Central Leather Centrai Leath pf.. Cerro de Pusco. ... Chandler Motor. Ches & Ohio. Chi Mi! & StP.... Chi Mil & St P pt.. Chi & Northwn. Chi R I & Paciflc.. Chile Copper S Chino Copper. Coca+Cola Colo & Southern. | Col Gas Col Graphophone.. Cons Distributors. Cons Gas of N Cons Textile. Cont Can. Cont Insurance. . Corn Products. . .. Corn Products pf. . 10!! Cosden & CO....on 25% Crucible Steel. ... Cuban-Am Susar. Cuba Cane Sugar.. Cuba Cane Su pf Denv & Rio G pf. Dome Mines. Elk Horn Coal... Endicott-Johnson. Erie 1st pf. . Famous Players Fed Mines & Spf.. Fisher Body . Fisk Rubber. Gaston William Gen Asphait. Gen Asphalt pf Gen Electric. . Gen Motors Gen Mot 6% deb. t300drich. s Great Northern pf. Great Nor OTe.... ulf States Steel. . Haskcll & Barker. Homestake Houston Oil. Hupp Motors Illinois Central. Inspiration.. . Interboro Metro. Interboro Met pf.. Intl Harvester. intl Mer Marine. .. Inti 3fer Marine pt 1Intl Motor Truck. . intl Truck 2d pf. .. Intl Nickel. . Intl Paper invincible Oil. Island Oil Jewel Tea. Kansas City Sou Kansas C Sou pt Kelly-sSpring Tire. Kennecott. Keystone Tire. . Lackawanna Steel Lehigh Valley. Lorillard. Manhattan Elev. Marland Oil. Mexican Pete Miami Copper . Middle States O Midvale Steel Minn & St L (). ... Mo Kan & Tex pf.. Mo Pacific -] Mo Pacificpf...-.. i| Montgomry Ward. Natl Lead Natl Rys of M 2d.. N Y Central N Y N H & Hart. N Y Ont & West. North America. ... Northern Pacific. . Nunnally Co’ 1 Uklahoma Prod Orpheum Circuit. ous Steel. Owens Bottle Pacific Oil. . Pan-Am Pete Pennsylvania. Penn Seabd Steel.. People’s Gas. ...+ Pere Marque®te. .. Phila Company . Phillips Petroleum Pierce-Arrow. ... Plerce-Arrow pf Pierce Oil.... pitts Coal 2 Pitta & W Va..... Pressed Steel Car. Pullman Co....... Punta Alegre Sug. Pure Oil o Railway Stl Spr... Rty Con Copper. .. Reading . Reading 1st pf Rep Iron & Steel Rep Iron & Stl pf.. Rep Motor Truck. . Royal Dutch. ..... StL & Sar Fran... StL & San Fr pf... St Louis Southwn. St Louis Sown pf.. Santa Cecilia Sug- Sazon Motors Seaboard Air Sears Roebuck Seneca Copper-. Shattuck-Arizona. Sinclair Ofl....... Southern P 2 Southern Railway. 19% Southern Ry pf... 45% tandard Milling.. 89 | Standard Oil of Cal. 71% Stand Ofl N.J pf... 107% Stewart-Warner.. 244 Stromberg Carb... 29 Studebaker. Superior Oil.. Superior Stl 1st pf. Texas Company... Texas & Pacific. .. Texas & PC & Oll. Third Avenue. ‘Tobacco Prod. ! Trans Contl Ofl. Underwood pf. Union Oil. Union Pacific. Union Pacific pf. United Drug. . United Fruit Upited Ry Inv pf.. 19 United Retall Stra. 51 U 8 Food Prod.... 16% U 8 Indus Alcohol. §48 U 8 Realty. . a7 U S Rubber. . B0 U S Rubber 1st pf. 95 U S Steel. 8% Western Unlon. Westhouse E & White Motor. White Ol Willys-Overland. Willys-Ovld pf. 4 Worthington Pmp 36% °f gpgzenzngrygerne Call Money..... HOURLY SALES OF STOCKS. 187200 1£M.... 211200 296 700 2p.m... 1 600 —_— CURE ST )CK Quotations furnished by W. B. Hibbs & Co. Actna_Explosives oit an Naturi, ¢ Ledge . Columbin Emerald Commonwealth Fiuance Consolidated Copper . Duminion Ducant Mo 1 % !I-lrnmul. . l s HEEomdd Beger La Lt 7 1054 19 Meprit Oil Midwest 0 Midwesc Oil pid Migwes: Kefh [vuntain Produ uda Ophir ... New Co Northweste 101%% | Omar _0il T | : 1 Salt Creek Producing. 16% | Xilt Crivk (new) 17 Tonopal Tunopah 9% | Cired 14 45 w0, MONEY AND EXCHANG “*! NEW YORK, August 6% and exchanse—Prime. mer T por, 6ably; exchange irregular, v-day bills and commercial bills on banks, sixty-day demand, mand, 1.35% Sweden, demand. 12.88. Argentine, RBrazilian, demand, 12.75, 16 cent d bonds, irregular. Railroad Time loans, firm; si six months, ernment bonds, e: PROMOTION AT GCCOQUAN. Commissioners Name H. H. Green as Assistant Superintendent. Hugh H. Green, a guard at the Dis- trict workhouse at Occoquan, Va. was promoted by the Commissioners today to be assistant superintendent of the institution. The vacancy was caused by the de- parture of William E. Hall from the position several months ago. Mr. Green will receive a basic ary of $1.680, plus the $240 bonus and living accommodations. FIRE OFFICER PROMOTED. Lieut. Buckley Gets Captain’s Post. Other Changes. The Commissioners today promoted Licut. T. Buckley of the fire depart ment to be captain, to succeed Capt. G. S. Helff, who retired recently. Othe: promotions were ordered, as follows: ergt. H. W. Swann, promoted to lleu- tenant; Private J. H. Newton, to ser- geant. —— FIND RESERVOIR LEAK. Glen Eche Will Have Normal Water Supply Today. Residents of Glen Echo, Md.. were notified today that the leakage of the reservoir . from which the township its water supply has been liscovered and repaired. Announce- ment to this effect was made today by the mayor, J. J. Decker, who states that, despite the drought. there is no scarcity of water and that the usual supply of water will be available late this afternoon. The leak in the reservoir, it is es- timated, caused the waste of 60 per cent of the entire supply, necessitat- ing the curtailment of the majority of the mains. The leak was only dis- covered when the reservoir was drain- ed. Water is now being pumped back into the reservoir and it i{s expected to be filled this afternoon, at which time the water mains will be turned back on. —_— ADVERTISERS TO SAIL. Local Club Will Have Its Annual Outing Tomcrrow. The good ship Ella Wader 'will shove off from the 1]th street wharf temorrow gorning at 10 o'clock, with scores of members of the Washington Advertising Club on their first annual outing. Several hours later the boat will drop anchor at Indian Head, where a Maryland chicken dinner will be served. to be followed by various ath- letic events. The Klla Wader will return to Washington about & o'clock. Diverting games will be played by the advertis- ing men while the boat'{s under way, going and returning. {half point. «the I'vania 7s and New York Central de- trial Issues—Sharp Drop in Central Leather. EW YORK, August 12 (Special). —Price changes were very much mix- €d in the bond market today, with some weakness apparent in industrial issues. The new low records for Cen- tral Leather atocks were accompanied by a’ sharp drop in the 5 per cent leather bonds. These left off at 891% vesterday and were yuoted at 88 this afternoon. Uncommonly large transactions oc- curred in Chile Copper 6s, all at the same figure of 70. It was assumed that a good many of these bonds were simply crossed in the open market, in the course of a prearrangement for transfer from one set of owners to another. The 7 per cent bonds of the same company were stronger and up a Cerro de Pasco 8s came down a half point to 106, and Rubber 58 were off nearly a point. Mexican Petroleum 88 were lower, and Marland Oil & made a new low of 90%. There was a reaction in Duquesne Light 6: Ench Off Halt a Point. Arntour 4%s and Cuban-American Sugar 8s were both off a half point. Cuba Cane 7s, however, had a fair rally. In sympathy with yesterday's weakness in the stocks of the com- pany, there was some further selling of Mercantile Marine 6 per cent bonds. | They were down more than a point from vesterday morning. The $10,000,000 Philippine govern- ment 3% per cent public improvement bonds " “offered this morning _ were quickly taken. They were put out at 981: to yield 3% per cent, and are exempt from federal income and all state and municipal taxes. Railway bonds, ‘as compared with industrials, did_well. Pennsyl- benture 6s were both up a half point, and there was a good demand for Ilinois. Central 61us around 100%. St Louis and San Francisco incomes were stronger. Burlington joint collateral 615 continued to hold around their high of 101, 0n the other hand, Union Pacific 6s. Chesapeake and Ohio con- vertible 5s and Reading general is were somewhat lower. Toklo 5s in Demnnd. One of the few developments in the foreign group was a sudden demand for City of Tokio 5s, which carried them up a point to 64. Libertys were somewhat higher. The break in the Central Leather stocks into new low grounds was not due to_anything new in their situa- tion. It was simply further delayed response to the melancholy showing in the last earnings statement. Cen- tral Leather has been a good deal of a mystery right along. It was a mystery "how the impression got around before the publication of the figures that they would show a de- cided improvement. Some who made statement claim now that they were thrown off the track by those in a position to know. RAILROAD RELIEF PROCEEDS SLOWLY Conférences Fail to D:ter- mine Means for Early” Agreement. Little progress was made today to- ward determining procedure with the administration railroad debt funding bill. President Harding and both Sen- ate and House committees worked on the subject, but no agreement was reached for action on the measure. The Senate committce concluded hearing Director General Davis of the Railroad Administration and adjourned until next Tuesday. with a motion pending to call former Director Gen- crul McAdoo. The House committee ard Director Meyer of the War Finance Corporation. iarly Action Urged. President Harding, it was said, con- tinued to urge early action on the bill before the proposed recess of Con- gress. Administration leaders, how- ever, believed that was impossible and could not promise more than to get it out of committee by that time. Mr. Harding conferred today with Acting Chairman Townsend of the Senate in- terstate commerce committee, but a final discussion went over until next week. The Senate committee wrangled for n hour over procedure. The demo- crats and Senator La Follelte, repub- lican, Wisconsin, insisted on caliing Mr. McAdoo, which the republicans opposed. Testimony Demanded. Senator La Follette also urged that testimony regarding salary increases for railroad officials and alleged ex- orbitant repairs be taken. “They have not been operated to entitle them to favor of the government.” he said, and promised to produce testimony disclosing “nefarious financing under present management.” nator Pittman, democrat, Nevada. moved to call Mr. McAdoo and Senator La Follette demanded a quorum for th vote, but 50 many senators were out of the city that it was not to be ob- tained and so the question went over until next Tuesday. Early Rellef Urged. Needs of the railroads for early financial relief through, passage of iegislation enabling the War Finance Corporation to provide the money for a final settlement between the gov- ernment and the carriers were urged yesterday at both the Capitol and the White House. Possible enactment of the adminis- tration funding bill before the pro- posed recess by Congress was dis- cussed by President Harding at a conference with Director General Davis of the Railroad Administration, Fugene Meyer, Jr. and Senators Watson, republican, Indiana, and Kel- logg. republican, Minnesota, of the Senate interstaté commerce commit- tee. A - The existing rallroad situation and its relation to the economic_condition of the country were 8aid to have been discussed, and the members of the committee_were understoodsto have told the President that unless the funding bill was passed before the proposed recess of Congress it might not be enacted until next January, be- cause of other pressing legisiation pending. Before the Senate finance commit- tee yesterday Director General Davis urged the passage of the bill to re- lieve pressing needs of the carriers for available money. Liquidation of federal control of the railroads was possible by December 31, 1922, he de- clared. — SUGAR MARKET QUIET. NEW YORK, August 12.—The raw sugar market was qulet early today at 3% for Cubas cost and freight, equal to 4.86 for centrifugal. with uncontrolled sugars offered at the same equivalent. Raw sugar futures were steadier on covering, but business was light and confined to new -crop deliveries, Which at midday showed advances of 2 to 5 points. The only change in refined was the re-entrance in the market of a local refiner at 6.05 for fine granulated. Other refiners were unchanged to 6.00 to 6.15. There was only & moderate inquiry noted. Refined futures were nominal. 3 ARV G 0 ] g | Inter. Rapid Traudt et and ref. Haltimore and Ohlo Raltimore and Oblo 8. Bethlehem Steel refd. Bs. Burliugton ( L Jt) B Canudian 4 and Oblo gen. 4is. Chesabenke and Ohio tonv. & Chi., Mil. and 8 . 4w, bk, Mil, and St Paul cony. 41zs. orthwestern 7s 1930.. Island and Pacitic refd Union Ktation 614w, ted Gas Tx. General Electric 6 Goodyear Tire and I Grand Trunk 7s ret Great Northern 7x 1936. Hlinois Central 5% International Mercantile Marine 6s. Liuisville trul 7x 1930, Y ral w York Telephone orfulk and Western orfolk and Western cony, Northern Pacific 4x, 903 1031 80 3% 613, 88% Reading general 4= St. Louix and San Francisco 4s, seriea A. St. Louix and San Francisco 63 St. Lonis and Sun Francisco inc, 8. Seaboard Air Line refdg. 4 Seabourd Air Line adj. inclair Cons. 011 Corp, Southern c 15t ref. 45.. Routhern nv. 4s.. Southern Ruilway gen. 4 Grain, Produce AIN AND PROVISIONS, BALTIMORE, August 12 (Special). s, white, new, barrel, 2.50a 5.25; 100 pounds, 1.25a3.25; bushel. 90 00; sweet potatoes, barrel, 2.80a6.00 4.50a5.00; beans, bushel, 60a1.10 bunch, 2a3; cabbage, head, 5a12 carrots, bunch, 2a3le; celery, crate, 5.0026.00; corn. dozen, 8a28; cucum- bers. basket, 25a35; eggplant, basket, 50a65; lettuce, bushel, 1.00a1.50; lima 15, bushel, 1.00a1.25; onions, bushel, al.50; peppers, basket, 15a25 ket, 20a30; tomatoes, bas- bushel, 90a1.50; apples, 0a6.00; hamper, '1.50a2.25 quart, 20a30; canta asket., 30a50; crate, 75a1.25; damsons, pound, ; grapes, common, basket, 1.25a1.50; huckleberries, quart peaches, basket, 1.25a1.50; pears, Bartlett, bas- .25a1.50; common, basket. 50a vatermeions, Maryland and Vir- , per 100, 10.00a50.00. Selling Prices at Noon. Wheat—No. ! red nter, spot, 1.37% per bushel: No. 2 red winter. 1.36%; No. 2 red winter, gar- . spot, 1.28 " Wheat, 1.28% per bushel; September, 1.29%; cargoes on grade, red winter. garlicky, 1.27%; No. 3. 1.20%: No. 4, 1.15%; No 5, 1.10%. Sales—Bag lots of new wheat, a8 to quality_and condition, 90, 1.02, 1.05 d 117 per bushel Car lots of No. 2 ‘red winter. spot, 331 5.000 bushels of No. 2 red win- ter, kpot. 1331%. CornCCob, hew, yellow. 3.80a3.85 per barrel; for white, 15 to 20 per bar- lower in_carload lots: contract spot, 67%: track corn, yellow or’ better, domestic, 75. No <—No. 2 white, new. 42a43; . 3 white, new., 40a40%: old oats, because of heavier weight, are bringing a considerable payment over £ lots of nearby rye, as to 80 to 1.15 per bushel export, spot, 119 0. 3. no quotation. pls of new hay are ample for thé moderate demand prevailing. Sales have been made in the past few accounts within_the ran of $16 to $20 per ton for fair to good qualities of timothy hay. All cars arriving in bad order such as hot. moldy and sour, have no definite market value. Straw—No. 1 straight rye. nominal; No. 2 straight rye. nominal; No.1 tan- zled rye, 15 2 tangled rye, : No. 1 wheat. 13.00; No. 2 wheat, No. 1 oat, nominal, 14.50 to 15.00; 2 oat no quotation. CHICAGO, August 12.—Wheat dis- played unusual steadiness in price to- Hedging and profit-taking sales e about evenly balanced by com- mission house demand, based iargely on assumptions that export business would develop in sufficient volume to absorb all wheat surplus in this coun- try and Canada. On the other hand, export call today appeared to have come to a halt. Opening quotations. which varied from unchanged figures to % higher, with September 1.243% to and December 1.27% to 1.28, Were followed by a moderate setback and then by a rally to about yester- day's finish. Lack of support weakened corn. After opening at % decline to a like advance. including September at 574 to 57X, the market underwent a gen- eral sag and showed but little power to rall Oats were easier with corn, starting unchanged to a shade higher, Septem- ber 36%, and later declining all around. Higher quotations on hogs firmness to provisi per gave Close. 1.281; September . i 1.35% Decomber CORN— 4 % September . E 563 December ... 6% N 5% 30% 39% —_—— DAIRY MARKET! BALTIMORE, August 12 (Special). kens, alive, springers, pound, 26a29; old hel September Decomber pigeons, pair, 35a 0: guinea fow O oss, off, native®#and_nearby, first. dozen, 36a37: southern, 34. Butter, creamery, rancy, pound, 45 prints. 45a46; nearby creamery, 41 Qles, 30a32; rolls, 28a30; dairy pri 28a30; process butter, 34a35. CHICAGO, August 12.—Butter, high- er: creamery extras, 401%; standards, 40%; volls, unchanged; receipts, 10,113 packages. Poultry, alive. unchanged. NEW YORK, August 12.—Butter— Firmer: receipts, 7,437 tubs; creamery, higher than extras, 441%ad5; creamery, extras (92 score), 43%a44; creamery, firsts (88 to 91 score), 38%2a43: pack- ing stock, current make, No. 2, 29. Eegs—Irregular: receipts, 21338 cases: fresh gathered, extra firsts, 38a41: fresh gathered, firsts, 34a37; state, Pennsylvania and nearby west- ern hennery, whites, firsts to extras, 47a58: do., browns, extras, 46a48: do., each, 40a50. | American Tel. & T American Thread (o, American Tobacco Co. American Tobaeco Co. American Anaconda Copper 6s 192 Anglo-American 01l Tigs Armour & Co. Ts 1830 Lethlehem Steel 7s 1922 Bethlehem Bteel 7x 1923 Canadian Pacific 6s 192 Central Argentine s 1928 Chicsgo, R. I. & Pacific 6s C.. C.. C. & Bt. Lonis G+ 1929 Con. Gax of New York 8x 1 Copper Export - Copper Export * prer Export * r Export A" 8 1 Cudaby Packig Co. s 1923. B. F. Goodrich 7» 1925.. f 0il Corporation 7s 1033 H. J. Hel buck & Co. Sears, Roebuck & (¢ Sears, Roebuck & Co. 7x 192 Bouthern Raflway 6s 192 Southwestern Beil 7s 1925, S 011 » 100 il LIBERTY BOND CLOSING PRICES. NEW YORK, August ~—Liberty honds closed: 3!is, 8%.65; first 4s, 87.70; .68 third 4%s, 91.88: fourth 4%s. 86; gotory 3%s, 98.68; victory 4%s and Live Stock LOCAL WHOLESALE MARKET. Eggs—Strictly fresh, per doz., 38a40; average receipts, 35. Live poultry—Roosters, per 1b., 18; turkeys, per Ib., 33a35; chickens, spring, per 1b., 32a34; hens, per Ib., 25a27; keats, young, each, '35a50. pressed poultry—Fresh-killed spring Shickens, per Ib.. 35a3s; hens, per Ib., 0; roosters, per ib., 22; turkeys, per Ib., 3£a40; Keats, young, each, 60a75. Pork—Dresscd, small, per 1b., 15. laive stock—Calves, choice, per 1b., 10; l;mt;;. choice, per Ib., 10; live hogs, per Green fruits—Apples, per bbl. 3.00a 10.00; per bushel basket, 1.00a4.00: west. ern, per box, 3.50a4.50; California lem ONs, per box, 8.00a9. California oranges, per crate, 6.00a7.00; peaches, Der crate, 4.00a6.00; cantaloupes, per crate, 1.00a3 50, Vegetables—Potatoes, new, No. 1, per barrel, 5.0026.00; No. 50a2.75 Dotatoes, per barrel, by, per crate, -25; crate, 1.3022.50; celery, per doz.. 75a1.00: ttuce, 2.00a2.50; cymblings. Der crate, 50a75; spinach, per barrel, 2.00a4.50; * onions, 1.50a2.00; cabbage, .0024.50- per bbl.; cucumbers, 1.00a1.75; €ggplants, per crate, 3.00a3.50; tomatoes, DPer box, 1.00a2.50; corn, 25a40 per dozen: beans, 1.00a2.50 per barrel; Uma beans, 30240 ‘per quart. _— CHICAGO LIVE STOCK MARKET. CHICAGO. August 12 (U States bureau of markets).—« <alr:§‘é‘;d Receipts, 3,000 head; market steady: quality plain: bulk 'beef steers, 7.00 9.50; bulk fat cows and heifers, 4. canners and cutters largely .50; bulls mostly 4.5026.00; bulk good and choice light veal calves. ies, 4.0026.00; stockers and feeder steers mostly 5.50a6.50. Hogs—Receipts, 21,000 head: gen- erally 25 to 35 higher than yester- day’'s average: Spots up more: prac- tically all better grades sold: top, 11.00; bulk light and light butcher: 10.35a11.00: bulk packing sows, §. a8.65: pigs mostly 50 higher; bulk desirable pigs. 9.50a10.00. Sheep—Receipts, 6.000 head: more than half receipts packer direct; few on sales steady to strong. all natives; packer lambs, top. 10.25;: most de- sirable kinds, 10.00a10.25; culls most- lv 6.00; few heavy and medium weight fat ewes, 3.2524.50; no choice 1ambs here. > —_— MAP VIRGINIA CAMPAIGN. State Republicans Have President on List of Speakers. Special Dispatch. to The Star. RICHMOND. Va.. August 12.—The republicans of Virginla are already at work in their effort to take the state from the democratic column and place it in the republican column. A pro- tracted conference was held here be- tween Representative Slemp, Chair- man Crupper, Secretary Hammer and various other members of the execu- tive committee in charge of the cam- paign. The conference was behind closed doors at headquarters in the Jeffer- son Hotel. and the statement was made that the campaign plans were mapped and arrangements put under way for placing speakers on the hustings m[ every part of the state. It is stated that President Harding | hag promised to come to this city and make a speech for the state repub»] ticket, and that Secretary Weeks, Col. Theodore Roosevelt and other republicans are to be asked to come and lend a hand in the contest. Money to Loan g.m—'lq. intereet, in sums of $1.000 to 33, , secured by first deed of trust on real estate. Joseph 1. Weller 938 5458 LOANS ON LIBERTY BONDS Bonds bought and Sold Registered or Conpon. Liberty Bond Exchange 604 14th St. N.W. lican SRR ER RO ered, browns and_mixed colors, BT eS extras, 8545; re(rigerator, sts, 35a361%. firChen&—S‘t/.earlier; rectipts, 2,073 boxes; ‘state, whole milk, flats, fresm, specials, 21a21%; do., average run, 20a20%: state, whole milk, twins, spe- cials, 21a21%; do., average run, 20a 20%. STOCK EXCHANGE SALES. A fair degree of activity marked the business on the Washington Stock Exchange today. Four blocks of $1,000 each of Potomac Electric first 585 wold at 89% and a $1,000 block of Potomac Electric debenture €s sold at 94%. A"iter call $1,000 Potomac Electric first 5s changed hands at 89% and five shares of Federal National Bank sold at 170. COTTON MILLS’ DIVIDEND. GREENVILLE, S. C, August 11.— Announcement was made today that the stockholders of the Victor- Mona- ghan cotton mills, owning a group of eight large mills in upper South Caro- lina. yesterday declared a 2 per cent quarterly dividend, payable September 1. on a capjtal stock of $6.600.000. W. E. Beattie of Greenville. president, and all the officers and board of &i- rectors were re-elected. Chas. D. Sager 923 15th St N.W. Loan Dept, M. 36 EQUITABLE Co-Operative Building Association Organized IN79 Systematic Savings 2 complishes Mos! Before LeavingTown Pl t Come in and arrange for a safe deposit_box. Costs less than lc a day. You'll enjoy your ‘‘leave.” knowing that your valuables are ‘1336 N. Y. Ave. sou adopt little can be winl way. Juoin t Subseriptions for the 81st Issue of Stock Being Received 4 Per Cent Interest 915 F St. N.W. JOHN JOY EI N. FRANK P, Any Time Is a Good Time to Invest in REESIDE, )| First Mortgages But more especially is this type of investment desirable when business conditions are uncertain and experts can’t agree on prophe- cies for even 30 days ahead. The FIRST TRUST NOTE remains at par. even through panics, when placed to conform with our re- quirements, and yields | 7% Consult Our Loan Dept. SHANNON & LUCHS | Main 2345 713 14th St. i i You Owe It to Yourself = ] ered by insurance. STOCKS—BONDS—COTTON GRAIN — SUGAR — COFFEE Bought and Sold on Commission 27 Securitien and Commoditiex | Review Free, Upon Request. (ll\l!l(‘ you ratec 20 Broad Street, New York MEMBERS: New York Stock Exchange New York Cotton Exchange w York Produce Exchnnge Y. Coffee and Sugar Exchange Chicago Board of Trade Associate Members of Liverpool Cotton Asmsociation. Washington Office MAIN FLOOR CORRIDOR WOODWARD BUILDING Telephone Main 2040 CHARLES R. ALLEY, Mgr. 934 N. Y. Ave. NW. o SCENT EVENTS IN THE nstrated that the ents, ediuterest, ed of tru tate in | value, W | sums of x: § upward. ¥ ~mi annually are also 1 proportion te * e with ared 1o 1l ESTABLISHED | OUR budget—it depends on your income and regulates your ex- penses. But are you making plans for increasing the former? The man who is careful enough to budget his ex- penses is also wise enough to look for a sound investment to increase his in- come. For this reason you should be interest- ed in our First Mortgage Loans. Not only are the returns above pre-war averages, but the principal is safe. Few investments could offer better security, and at the same time pay 7% interest. ‘We can increase the size of your bud- get by increasing your income, and would like to show you how. The loans are in convenient denomina- tions. o+ H.L.RUST- - 912-15TST.NW. TR EOORTOCORANDEOEEER Announce the removal of their Washington offices from 927 Fifteenth street to 1516 K Street Next Monday morning, August 15, 1921 - Ne !fldm Exchange ew Philadeiphis: Stock Plttsburgh Stock _ Exchange Comete York, Pittsburgh, and Washington offices. i1st YEAR COMPLETED -$4.303.536.65 -$1.965,322.99 stie saving™ xhed i A » Equitable now. Shares, $2.50 Per Month EQUITABLE BUILDING President To see that your auto- mobile is adequately cov- We shall be glad to || A.A.Housman&Co. | | | B. F. SAUL CO. Automobile Insurance FINANCIAL Tetarsing dollar o notes seeured on improved rea A wuch investments i oo, $1 annim, sl