Evening Star Newspaper, August 14, 1921, Page 24

ity and Suburban Ry. 1st /E.noo—uen-opom.n R.R. 1st 58.... .000—Pot. Llec. Rower 1st 58 0—Pot. Elec. Power con. 5 :500—Pot. Elec. Power deb. 6 2 18.700—Pot. Elec. Power gen. *@,000—Wash., Ry. & Elec. 300—Wash. Gas 7%s. 5,000—Riggs Realty (long) 1 °100—D. C. 3.658 Shares. .144—Capital Traction 1,921—Washington_Gas g 1 i 2—Norfolk & Washington Steamboat 1,278—Wash. Ry. and Elec. com 2.038—Wash. Ry. and Elec. pfd. | "226—Wash.-Va. Ry. com. ' 8—District Nafonal Bank ) “83—Federal National Bank 9—Liberty Nat. Bank. 10—Nat. Bank of Wash.... _ 30—Nat. Metropolitan Bank #22—Riggs Nat. Bank. 13—Second Nat. Bank 85—Amer. Security and Trust 477—Continental Tru 160—National Sav. & 85—Union Trust. ¢ 3)—Wash. L Loan and Trust - st Wash. Savings $ 10—Merchants' Bank o X 60—Sec. Sav. and Com. Ban 17—Union Savings 5—Wash. Mechanict 40—Corcoran Fire Insus : 75—Firemen's Fire Insurance §—National Union Fire Insurai 3—Real Estate Title Insurance 8410-20—Col. Grapho. com.. 630—Col. Grapho. pfd. 1.043—Mergenthaler Linotype A.103—Lanston Monotype 5—Security Storage Co 42—Washington Market. *New York close, 4. New York close. 17% rust s ‘will sell. our expectations and advance the delivery your satisfaction that Telephone :l'-he Year 1921 to Date on the Washington © i Stock Exchange. . Furnished by W. B. Hibbs & Co., Hibbs Buildiag. } ' 37—Farmers and Mechanics’ Nat. Bank.. . What a Price--- - $900 Reduction on the Westcott C48 Toug'ing Car The recent announcement of $900 has proven that the right car at the right price_ Our sales during the past week surpassed An examination of this-car will prove to price is the best of automobile buys. . E. J. QUINN-MOTOR SALES CO. 824 14th Street |STOCK MOVEMENT | TOLOWER LEVELS)., Kingdom of Belgium 73s. THE WEEK'S BOND MARKET. Following .is a summary of the fluctuations.of active bonds on the New York Stock Exchange for the week ¢ énded yesterday : U. K. of G. B. and Ireland 5%, 1921 ss. " s . e - «”|Business Seemingly in Hands | U X o5f S D anf fesiend S, 1321, e r e 5 . U. K. of G. B. and Ireland”5iss, 192, g - | of Professional Traders. |¥. ko8, snd troiend s sst 4% 5 . o Armour & Co. 4%85......... % - . jo*| Little Investment Buying. |Atchison, Topeka and Santa it gen. is B 1% NEW YORK, August 13.—The main! Atlantic Refining %0 921 | movement in the stqck market this| Baltimore and Ohlo con 1093% 100 1023 | week a rd, althoush In-| Baltimore and ONle SW. B H 20 % | week was downward, ough In-| Baltimore and Ohio 8.W. Div. 3 St . f.f creased strength shown at times in|Bethlehem Steel ref. 5 % the last twd days modified the posi- gurliglanNm-hP--G N. Jo 82 sy s 7% [tion of the list. Business continued|Sangdian Northwestern 7, e un“ !:; to be chiefly in the hands of profes-| Central Pacific 4s, Chesapeake and Ohlo conv. 4iga. Chesapeake and Ohio gen. 4%8. Chesapeake and Ohio conv. 58 Chi., Mil. and St. P. ref. 434 Mil. and St. P. conv. 4%s Chicago and Northwestern 7s, 1930 Chi., R. I. and Pacific ref. 4 Chicago Union Station 614 Consolidated Gas 7s. Delaware and Hudson 7s, 1930. Erie gen. lien 4s 3 General Blectric 8 oodyear Tire and Rubber 8s, 2 Grand Trunk 7s, ret. s Great Northern 7s, 1936. Illinois Central 5is. International Mercantile Marine 6 Inter. Rapid Transit 1st and ref. 5s sional traders, and in:view of the absence of investment buying or pub- lic interest, they met with little op- position in' their operations on_the short side. Activity increased above the low point of midsummer trading, owing to the aggressivendss of the bears, and upturns late in the week seemed to be due to little else than covering. Low Records in Industrials. Among the industrials, various new low records for the year were reach- ed. &t was chiefly In this section that pressure was exerted. Representative rails held comparatively steady, ow- ing to tHe improved position shown by their earnings reports. Statements for June and July confirmed the favor- able impressions which the street has! been receiving, and shpwed that while the roads are far from having regain- ed their former position, a real ad- vance has been made, by comparison With their status of a year ago. In the way of new factors, advices were too mixed to be conglusive. Operations for the short account were facilitated by indicatiops in the gov- ernment’s crop reporting shrinkage. Forelgn commerce for July was the smallest in several years. Prospects of greater delay than had been ex- pected in the government's railway financing and further cuts in_ prices of commodities were other bearish influence: Other Factors Considered. On the other hand, the monthly re- port of United States Steel's unfilled | tonnage showed a decline smaller than had been generally looked fo! the number of idle freight cars de. creased substantially. The steadily improving position of the federal re- serve bank was reflected in its re- port. The reactionary tendency in the bond market gained greater impetus, and there were numerous material declines, particularly among specula- five issues. A violent upturn occurred in sterling exchange eanly in the week, which carrled up the rate to) 3.723%. although half of this advance! Missourl, Kansas and Texas 1st 4s. Missouri Pacific gen. 4s. - New York Central 7s, 1930. New York Central deb. 6s. New York Telephone 6s = Norfolk and Western cons. 4 Norfolk and Western conv. 6 Northern Pacific 4s Packard Motor Car Co. Pennsylvania~ s, 1968. Penns c ?elalnsdsen. 4s... t. and 8. F. prior lie; St. L. and S. F. 6s, 1929 . “' . L. and 8. F. inc. 68 Seaboard Air Line ref. 4s.. Seaboard Air Line adj. 5s. Sinclair Cons. Ofl 7%s, 1925. . Southern Pacific 1st ref. 4 ! Southern Pacific conv. 4 Southern Railway gen. 4s. Southern Railway 58 Union Pacific 1st 4s. Union Pacific conv. 4s. : Unfon Pacific’ 6s, 1928 U. S. Rubber 5s U. S. Rubber 7%s. . U. 8. Steel sinking fund ‘V,:;:ulul(n (éfl (;;)rnoratlon s, . inia-Carolina CI Wilson & Co. 1st s:emlcal g Louisville and. Nashville 7s, 1930..... The movement appeared to be due to speculative operations and had little effect on the market for securi- ties. Money rates remained firm,. call was lost on a subsequent reaction. ! Only about 500 of the 1,200 District naval reservists received their annual retainer pay this year as a result of the recent order preventing the men who fail to attend thirty-six drills year from recelving the allotment. The last of the retainer pay checks have been mailed, coupled with a communication advising the reservists to attend the regular drills and there- by secure the allotment next year. funds rulilg through the week at 6 per cent. TAX LAWS UNDER FIRE. Mayors of Virginia Cities Support Movement for Change. Special Dispatch to The Star. RICHMOND, Va, August 13.— Seven mayors of Virginia cities already have united and agreed to support the movement inaugurated by Major Ainslie in protest against the present tax laws of the state, “to request the legisiature to segregate real estate and tangible| property ontirely to the localities and all other properties to the state.” ‘The ‘esent system is declared to . _The subchaser 210, commanded by Ensign C. M. Donahue, went on a training cruise down the Potomac last Saturday _afternoon, returning Sunday night. The boat anchored at Colonial Beach and the crew of elght- een men and four officers were glven ishore leave. he trip going and coming was hours each on the trip. Naval reservist are anxl awaiting the arrival of the U. le 56, now in reserve at the Ports. NEWS OF THE NAVAL RESERV]L]J made In ten hours—five way. Lieut. William R.[to 4; Hoefor, executive officer of the locai | bucks, 2 reserve’ brigade, was the senior officer | Lamb ously S. 8. mouth, N. H., navy yard, which has been assigned to the local men. The vessel will .be ready’to turn over to the naval reservists in Portsmouth August 31. A crew of officers and men will be a boat to Washington. ed to bring the Eagle week- ond training cruise down the Potomac 8aturday. No trip was last week.. : be hybrid and indefensible upon any | = theory. Twenty-three invitations to mayors ‘were sent out, and only the first of these have been heard from. The matter will be presented to the legislature at the coming- session. already we have had to date upon some models. | NATIONAL GUARD NEWS Brig. Gen. Anton Stephan, com- manding the District Guard, present- ed commisisions to Capt. H. H. Lei- zear, ordnance department, ang Capt. John R. Kain, engineers, at the ar- mory last Tuesday evening. In an informal address Gen. Stephan com- mented on. the faithful and eficient WILL STAY IN U.S. A MONTH Apostolic Delegate to Cuba and Porto Rico Reaches New York. NEW YORK, August 13.—Mgr. Pietro Benedetti, recently numed as apostolic delegate to Cuba and Porto Rico, ar- rived today on the steamship Parls. He £aid he would remain in the United States for 2 month before going to Ha- yana, where he will make his headquar- ers. 7 He will visit his sister at Woonsocket, L, whom he has not seen in many the Westcott at the new the reorganizing and upbuilding of the present guard. Capt. Lelzear has been assigned to duty on Gen. Stephan’s staff, and will be in direct charge of rifle practice. Capt. Kain has been assigned to command Com Prices Have Tumbled in Our MID-AUGUST SALE OF RECO It was an awful good buy yesterday it's down $50 today—on acc Mid-August Sale. HAYNES TOURING here's no end to the “go” JHynes. “hard usage. This one is the chea of at our Mid-August Sale price. {down the size of the Mid-Au; Bale tag. too. : CHEVROLET ROADSTER They're regular bears for dependable transportation we know : PAIGE TOURING | Z Jugt been reconditioned into the iggest value you ever saw. We cut CARS TULSA TOURING . Not even broken in. Run less than 4,000 miles.” A tremendous bargain that won’t last-long at our Mid- August figure. NDITIONED Just now we have the finest l stock of reconditioned cars we have ever offered — the new car department has turned a flock of them over to us this week. And_, to make them move out just as fast, we have gashed ount OVERLAND SEDAN One of the kind that takes all the bounce out of the road, and give you more miles per gallon than you pay cents for gas. The price is just a good ‘“penny-ante” stake, too. in a pest, CHEVROLET TOURING One of the kind you'll be proud to ride in. But don’t ever tell any one how little it cost, 'cause our Mid- August 8ale prjce is mighty small. gust service rendered by these officers in | prices to the limit. Z A crackerfack at half again as much. But we got it cheap—and it's Theaper than ever at our Mid-August price. Besides that, every one has been through our Recondition- ing Shop, and we know it is right! ; REO TOURING 1t T didn't own & Haynes, I'd like this car myself. It wears a hustle- out price tag, too. . HUDSON TOURING # Super-six, with three brand-new cord tires. Give this job a coat of paint and it will be worth three times what we ask in our Mid-August Sale. Just come in and compare values! DISTRICT HAYNES CORP "~ RECONDITIONED CAR SALESROOM 1337 Fourteenth Street N.W. . Franklin 6400 . ok ORATION “You See the New Haynes Everywhere” . OLDSMOBILE TOURING A little dandy, that you are bound t5 like. And the price i5 one of those figures easy to say, too! It's a six- cylinder peach. HUPMOBILE TOURING Here’s a mighty good car, that you won't have to spend a cent on—and you'll be tickled to get it at our Mid- August bargain counter. The price dop't amount to much. = - BUICK ROADSTER Handled an awful lot of these cars the last couple of months. Folks seém to like 'em, too. We've had to ask more for most of them than for this one. in dur md‘A“lu!! Bale. N pany ‘B, prior to the Engineer Regiment, organized minl Encempment made | Plans are. being made for anomerl Final selection of the rifle team to represent the District National Guard at.the natonal matches to be held at Camp Perry, Ohio, from August 27 to September 22, wWiH be made this week. Local guardsmen have lish” good shooting records tain places on the team, men who will be selected above the ' average guardsman imarksmanship. Pay_rolls covering armos Irill due, District guardsmen Ty have been Yery earnest in'their efforts to estab d to ob- and wil the 11 be in I pay been forwarded to the general command- ing the 3d Corps area, at Fort Howard, Md., for settlemen is expected | | the total amount of the rolls will be} in the neighborhood of $16,000. oney s The paid the guard members for armory drill fdr the past six months. the recruiting officer of the Di of Columbia National Guard. Tw: The past week was banner week for istrict enty- two men enlisted or re-enlisted .at the armory on ‘Tuesday Those re-enlisting were: Arthur B. Alley, Company evening. Sergts. Bernard A. Buscher, Medical Department, and Sergt. Halvern L. Norri: ‘Those enlisting included the lowing men: Agth s, Company B. fol- ur L. Brightley, Clarence J. Balley. Edward F. Evans, | Ogden H. Francis ford, John W. Moten, Flenard Curry, John A. Johnson, W. Stewart Henry S. Stewaj Ashton, Charles Clay, Lloyd Robinson, Joseph G and Oswald C. Tolliver. Time Since War Opened. Brown, t] Donellan, John C. Dugan, Quaid, Claude W. Brad- John Clark, John Jesse hony ordon POLAND'S GRAIN SUPPLY. Encugh to Feed Own People First NEW YORK. August 13.—For the first time since .the outbreak of the world war Poland has enoughi grain to feed her own peoplé, Stanislaw Arct, Polish com- missioner to the United States, announced today. The crop of spring and summer grain, however, will -be a bare clency, with no surplus, he said. Polish of 1920 were partly de- stroyed by the bolsheviki invasion and was imported. ROME, Augus embassy here to NO REPORT OF ROBBERY. Embassy Inv Rome Without Infor- mation About ‘U, S. Students. 13.—The American announced it had received no, word of the robbery of American students“on the train be- tween Milan and Venice, as wa: s re- ported at Milan. Contrary to Milan reports of the indident, it was an- R treatihg people’s teeth. nounced here that the son of Richard ‘Washburn Child, American ambassa- dor to Italy, was not-in the party. Phone Frankdin 3849 H.E. SMITH HE CAREFUL DENTIST There 18 no dentist in all Wash- ington more careful than I am in e 1 l ! 1 unlimited precaution not to hurt you the least bit. If your teeth need attention it will be to your advantage to see me, ‘as my charges are lIow, with easy pay- ment terms -included. , -‘GRAIN AND PROVISIONS. CHICAGO, August 13.—Reports of frost in the northwest put firmness into the otherwise steady Wheat market today. Prices closed barely firm, % to % net higher, with Sep- tember 1.24% to 1.24% and Decem- ber at 1.26 to 1.26%. Corn closed unchanged to a shade lower, with September 56% to 56%, while ofits lost % to %. 6 The wheat market remaineq com- paratively ‘stationary up to the final hour, wWhen there was a little flurry, due ‘to short covering. Buying to cover short sales gave the market a slight bulge, and this showed per- manency when it was indicated that the reports of frosts in the north- west might prove true. Reports that Germany had pur- chased 500,000 bushels of corn ap- parently - had_little effect on that market, as' December corn again touched its lowest mark of the sea- son. / Oats also licked .support and the market remaineq dull up to the last hour, when there was a brief demand for spot oats and the cash offerings displayed a slightly steadier-tone. Provisions averaged slightly high- er as the result of some firmness in the hog market and they closed steady. Corn offerings were liberal and the market aglosed slow, a shade net lower, with September at 56%a56%. In ‘the last half hour the wheat market rallied on reports of frost in the northwest. The close was %a% net higher, with September at 1.24% to 14211/. and .December at 1.21 Neptember 5 December . 39% NEW YORK, August 13 Spot steady; No. 2. red, 1.37; N 2 hard, 1.39: No. 1 Manitoba, 1.79; No. 2 mixed durum, 1.41 c. L. £ track New York to arrive. Corn—Spot easler and No. 2 white, 7 64 c. 1. f. New York, ment. Oats—Spot easy; No. 2 white, 48. LIVE STOCK MARKETS. BALTIMORE, Md., August 13 (Spe- cial).—The general live cattle market is steady to firm, with receipts light on the wharf, but ample at the stock- yards. Demand for top-grade cattle is steady with no surplus of this sort on_the daily receipts. Quotations today at Light street wharf: #Beef cattle—First quality, per 1b., 7 to 8; madium, per lb. 5 to 6. Bulls, as to quality, per lb, 3% to 5%. Cows, choice to fancy, 5 to 6; common to fair, 2 to 4. Thin steers, 3% to 41%. Oxen, as to quality, 3% to 5, Milk_ cows, choice to fancy, per head, 50.00 to 75.00; common to fair, 30.00 to 40.00. Calves—Veal, choice, per 1b., 10; ordinary to medium, per 1b., 7 to 9. Heavy, smoath, fat, per head, 15.00 2 yellow and No. 2 mixed, ten-day ship- to 18.00; rough. common, thin, per head, 6.00 to 10.00. Sheep—No. 1, wool on, per 1b, 3 clipped, ‘per ib., 2 to 3; old to 4; common, 1% to 2. , spring, choice, 9% to 10; fair to_good, 7 to 8. Hogs—Straight, 11 to 12; sows, as to quality, 8 to 9; stags and boars, 5 t0 6. Live pigs. as to size and qual- ity, 9 to 10. Shoats, as to size and quality, § to 10. CHICAGO, August 13 (United States bureau of markets).—Cattle— Receipts, 500 head. Compared with a week ‘ago: Corn-fed steers, 25 higher; common and medium steers, steady to lower; stock and bulls steady; spots lower on in-between kind and heifers; veal calves, 75 to 1.00 lower; heavy calves off more; stockers and feeders, 25 higher. Hogs—Receipts, 5000 head; fairly active; lights and medium, steady to 10 higher; others, 15 to 25 higher than yesterday's average. Hold-over moderate, mostly held off market; top, 11.10, paid for forty-four hogs: very few over 11.00; buik light and light butchers, 10.50a11.00; bulk packing sows, 8.50a8.85; pigs steady. Sheep—Receipts, 3,000 head; re- celpts practically all packers direct. Compared with week ago, killing class generally steady; feeding lambs, 25 tog0 higher. . EW YORK, August 13.—Cattle— Receipts, 540 head; no trading. Calves—Receipts, 280 head: common to good veals, 7.00a11.0 culls, 5.00a6.50; westerns, 6.00a7. grassers and buttermilks, 3.0024.00. Sheep and lambs—Receipts, 5.280 head; steady; sheep (ewes), 3.00a5.00; culls, 1.50a2.50; lambs, 6.00a12.00; culls, 5.00a5.50. Hogs—Receipts, 2160 head: weak; | light to medium weights, 12.25; heavy hogs, 11.00a11.25; roughs, 7.00a7.50. —_— WH{TE HOUSE STATEMENT ON GRAIY IS CHALLENGED 0 4 Argument About Proposed Cuts in Export Freight Rates De- clared “Misleading.” ‘The purpose of the statement issued Friday night at the White House fore- casting better agricultural prices, because of effective and proposed re- ductions in export grain freight rates, was_challenegd yesterday by Clyde M. Reed, manager of the western grain committee, representative of twenty grain-growing states. The committee will appear before the Interstate Commerce Commission, beginning tomorrow, to urge reduc- tion in grain rates in the west, and Mr. Reed, who is chairman of the Kansas public utilities commission, said in relation to the picturé drawn in_the White House statement: , “The proposed reduction referred to is simply a matter of adjustment ".I order to preserve the grain traffic to } certain roads. It will not result in actual reduction of freight rates to the producer on export grain.” Mr. Reed said the Whi House statement was “mislelading” in that it indicated that grain rate reductions already made were put in to benefit producers. The fact was, he assert- ed, that Canadian roads out rates via lake and rail to Montreal, and cap- tured much export business. To meet this, he said, certain American lines cut 4 cents per nundredweight off the Lake-Buffalo-New York rate, and this in turn forced all rail carriers to New York to propose a 73;-cent drop, Chi- cago to New York, as they were los ing business to both the Canadian and Buffalo routes. Some carriers hauling to gulf points saw danger of disruption to their export grain traffic in this proposal, and protested, Mr. Reed said. He in- sisted that the whole export grain rate question as it now stood was one | between carriers for division of the traffic, and that grain producers stood no chance of benefiting. G ————— Paris entertains on an average nearly half a million foreign visitors each year. 4 Greater Berlin 4s 11 Friday, August 12. activity of the market r———SCALE FOR INDUSTRIALS ——— MILLION SHARES Industrials Rai .109.88, January 3 ils .. Low 1820 . 6675, 67.83, Industrials . Rails . February 11 RANGE OF MARKET AVERAGES. Tha following chart shows graphieally the action of forty repre- sentative stocks dealt in on the New York Stock Exchan covered is the past month, up to and including the close 85.37, November 3 | Rails December 21 | Industrials The period ? the market The lower section of the chart indicates the relative ——AUGUST, (Copyright, 1921, by W. F. Meyer.) High 1921 to Date Industrials .... 80.03, May 5 71.56, January 15 Low 1921 to Date 64.90, June 65.5Z, June Ralls Twenty Industrial Common Stocks Used ‘Are: Am Can ‘Am Sugar Central Leather Rep Iron & Steel U Am Car & Fdy ~ Am Tel & Tel Corn Products Ktudebaker Utah Copper ‘Am Locomotive Anaconda Gen Electric Texas Company ~ Westinghouse Am Smelting Baldwin Loco Goodrich U 8 Rubber Western Union 3 Twenty Rallroad Common Stocks Used Are: Atchison CM&StPaul K C Southern Northern Pacific Reading. Baltimore & Ohio Del & Hudson Lehigh 5 Canadian Pacific ~Erie Louix & Nash Ches & Ohio Hlinols Central - N ¥ Central Industrials. Rail: July 15. Friday 3 0. July 16, Saturday July 18, Monday . July 19, July 20, July July July July 1 Friday Saturday Mond: =, $82382222529a SEalBlNRE Liberty 3%is Liberty 1st 4s . Liberty 2d 4s . Liberty 1st 4%4s . Liberty 2d 4%4s Liberty 3d 4%s.. Liberty 4th 4}4s . Victory 33%s .. Victory 434s NEW YORK BANK STATEMENT. NEW YQBK. Aygust 13.—The ac- tual condition c‘ clearing house banks and trust companies for the week shows that they hold $15,503 950 reserve in excess of legal requir mgents. This is a decrease of $3, 976,340 from last week. The statement follows—actual cod- ditfon: ; Loans, discounts, etc.. $4,418,252,° 000; decrease, $41,246,000. Cash in own vaults, members Fed- | eral Reserve Bank, $72,370,000; de- crease, $600.000. Reserve in_ Federal Reserve Bank of member banks, $470,318,000; de- crease, $2,739,000. Reserve in own vaults, state banks and trust companies, §! de- crease, $70.000. Reserve in depositories, state banks and trust companies, $5,617,000; in- crease, $366,000. Net demand_deposits, $3.562, increase, $11,231,000. _ United deposits’ deducted, $142,080,000. ime deposits, $208,056,000; increase, $318,000. Circulation, _$31,967,000; $517,000. 2 Aggregate reserve, $487,177,000. Excess reserve, $15,803,950; crease, $3,976,340. .000; States increase, de- BONDS AT A | which are siow ew Haven Bouthern Pacific Norfolk & Western Southern Rwy Penosyivania | Union Pacific Datly Movement of Rverages: Industrials. Rails. 68.86 73.68 July 30, Saturday nda. GLANCE. date. High. Low. Yesterday. Yield 5 93.50 86.00 66 422 8850 8524 70 4384 88.1C 8534 8756 495 8870 8540 8794 509 8840 8530 8778 8800 9186 8574 8786 9580 9872 9586 9874 BALTIMORE PRODUCE. BALTIMORE, Md., August 13.—As forecast in the market review last week, eggs easily maintained the ad- vance noted and 36 cents a dozen was the prevailing price for native and nearby strictly fresh stock, with some eggs bringing a premium of a cent a dozen over quo! jons. The market closed firm and under a good and consiant demand prices should hold not advance during the coming week. The general poultry is easier in tone undergfairly liberal receipts, especially of | springers and white leghorns, which have to be sold at a discount under 29 cents to 32 cents a pound, the prevailing quotations for choice fat springers, one and one-half to two pounds and ©Old hens are selling fairly well at 26 cents and 27 cents, but average receipts are running small to medium, to find favor at 23 cents and 24 cents. Old roosters plentiful at 16 cents a pound. Choice young ducks are in fair demand at 25 cents to cents, with receipts ample; small and thin ducks mnot wahtcd at 20 cents and ents, Ycung guinea fowl, one and one-hall ounds and over, in_good demand at 70 cents and 75 _cents each. Pigeons plentiful at 25 cents to 35 Summary of state banks and trust|cents a pair. companies in Greater New York mnot included in clearing house statemen Loans, discounts, etc. $606,670,400; decrease. $1.176.800. Gold, $6,876,400; increase, $43,400. Currency and bank notes, $16,030,- 700; increase, $51,400. Deposits with federal reserve banks, New York, $50,423,100; décrease, $1.- deposits, 295,800. $631,473,200; crease, $3,394,300. Total Do.. eliminating amounts due ‘from reserve depositories and-other banks and trust companies in wa ork city and United States deposits, $582 704,500; decrease, $4.543.500. Banks’ cash in vault, $25,501,200. Trust companies’ cash in vault, $47. 829,000. TTON MARKET REVIEW. EW YORK, August 13.—Disap- pointing figures on domestic mill con- sumption for July led to some scat- tering liquidation in the cotton mar- ket here this morning, while there was also. southern selling. The: offerings were not heavy, but they sent prices off from an opening ad- vance and the clage was barely steady, net unchanged to four points lower, except for July, which was two points higher. The market opened steady at an advance of eight to thirteen points on bullish week end reviews of the goods trade and continued crop com- de l Under freer receipts the latter part of the week the potato market has develope@ an easier undertone and only No. 1 stock will command top prices of $1.50 to $1.65 per bushel, $2.25 to $2.75 per hundred pounds an! $4.00 to $5.00 per barrel. ®All No. 2 och dull and -of umncertain val Native sweets are selling at $0 cents _|to $1.00 per four-eighths basket eastern shore stood $5.00 to $5.50 a tarrel. Yams are quoted 2t $1.5¢ and $4.75 per barrel. While the market for cantaloupes L1as a better tone receipts are still running ample and prices have been in buyers' favor. Native cantaloupes will bring 40 cents to 65 cents a Lasket. while eastern shore, Ma: yland and Virginia are relling at 75 ccnts to $1.50 per crate. Eastern shore peaches, which are arriving in limited ntities, are selling fairly well at 0 to $3.00 per crate. With the advent of New York apples on_the market, native and nearby siock is acted unless it is of hand 1 _packed stock, which barrel, small. vicked, z sells $4.50 0 $5.00 pe. No. 2 fruit and hamper stock are slow sale at $3.00 to $3.50 for the former 0 to $2.75 for the latter. Virginiz watermelons are now arriving freely and the mar- let is easier and Jower. selects ars quoted at $20.00 to $35.00 per hun- ared, primes, $8.00 t0,$15.C0, and culls, $3.00 to $5.00. All Mnes of mative 3 nearby gar- E plaints from thé “southwest There |den truck coming in freely and values was some buying for continental trade account, including a demand from houses with French connections, but it seemed to be pretty readily supplied around 13.35 for Dctober end 13.76 for January. - Prices soon turned easier under scattered liquidation and offerings became a little more active after the| publication of the census report on supply and ‘disjribution. . The figures were below the forecast, and evi- 1% & are easy under only a fair demand. —_— NEW YORK BOND LIST. 7. 8 2x, registered. 4s, coupon. maSs, registered. ahama 3, coupo Ameriean Smelting and Refning nd Tel. cv. Os. Armour. & Co. 4%y dently led' to liquidation by some of | Afiecy the local longs. ~Most of the late selling, however, was believed to come from the soutl October sold off to 13.18 and January to 13.83, with active months_ g ly showing net losses of ,about two to four points. NEW ORLEANS, La., August. 13.—A steady tone prevailed in the cotton market today, although Pprices did not . show any wide changes, held within narrow limits by the balance maintained in the news of the day. The census bureau report on American mills for July had its favorable and unfavorable features. After trading § to 7 points. under the close of yesterday, the market rose to levels 3 _to 6 points over, finally closing at net losses on the day of 1 to 3 points. October traded as low as 12.69, as high as 12.82 and closed at 12.73. . —_— FOREIGN BONDS. Quotations furnished by W. B. Hibbs & Co. Closing prices yesterday: . 11% German 3us Berlin 4 % = oov. 8% fov. Ba. 11 o] German gov. Krupp 4a. Bad. Aniline 4%s 16 Vlfi-‘ufi 1 Italian not Belgian Rest. Bs. Belgian Prem. Sa. Hardly any’ one possesses & E:lr of ears which are exactly ali In nearly every case than the other, is from the eye, head. - S 2B & o s larger set farther back or is_higher in the a).u Atlantic Coast Li Baltimore and Ohlo ¢ Bethlehem Steel ref. 5s. Central of Georgia Consolidated Gs. Central Leather but | Ch Montane Power 5s. New York Central deb. 6s.. Norfolk and Western cr. 6 101; | Northern 1% ifc K. of G. B. and Treland 5i;s (1937).. ubber 5s. 3 _The, ayerage output of the world's ‘minen_is, gow jyst over. 480 0,000 & year. market.