Evening Star Newspaper, August 14, 1921, Page 25

FINANCIAL. RICHMOND'S RATE Predict Earli. Reduction to 5 1-2 Per Cent—Mr. Mel- lon Wants $75,000,000. BY I A. FLEMING. It is believed that the Federal Re- serve Bank of Richmond will, within the next few hours, announce a re- duction in ifs rate of discount from 6 to. 514 per cent. getting in line with thé leading regional banks that cut their rates some four weeks ago. , Because of rather heavy borrowing | in the south it was not deemed ad- visable at that time to follow the lead of the more important federal | institutions. It will be recalled that eftorts were made at'that time toggecure the cut- ting of the Richmond® rate. but Gov. Seay would not consent ‘thereto. It is within the possibilities that this announcement may be a little \ premature, but there is excellent ground “for the- belief that the cut will not long be-delayed. Local banks’ will appreciate the re- duction. and it is possible. that gen- eral business will share to an extent in the easier tone.to money that'will result. - Call for 000,000 Secretary Mellon this morning made his first call on the credit establist through the sale of Treasury cert cates dated August 1. The amount will be approximately $75,000,000 and - will be paid into the Treasury through the usual sources on Tuesday of this week. At the same time there will be payable a small balance on account of the issue June 15. It is not expected that the witn- drawal of these millions from the| banks will have any particular effect on the money markets, although it may cause some little temporary stringency in New York city. The Treasury Department has an issue of certificates maturing on Tuesday, but these have been pro- vided for. Seek Old Austrian Money. The Department of State is mak- ing incuiries among banka all over the country to uncover holdings of money issued by the Austro-Hun- garian Bank, at Vienna, and holders of securities issued by the govern- | ment of Austria. the government of " Hungary and the government of the former Austro-Hungarian empire. Provisions of the treaty of peace with Austria_stipulate that notes of | the Austro-Hungarian Bank issued on or prior_to October 27, 1918, on June 15, 1919. were held out of the limits of the Austro-Hun- garian monarchy as it existed July j 28, -1914. shall be presented to thi liquidators of the bank by the gov- ernment of the countries in which the motes are held in order that the notes may share in certain assets of the bank. Forms have been prepared by the | State Department and receipts will be given for any securities entitled to share in the assets of the old bank. Notes must be forwarded to the State Department. Sworn statements | regarding the notes held must be made to show that the are exactly what they claim to be. The McFadden BilL Representative , McFadden. chair- man of the House banking and cur- rency committee. is allowing the pressing business of the republican program to proceed on its way be- fore celling- up his measure for the i abolition of the office of commner] of the currency. Tt will be recalled that the Ameri- | can Bankers Assoclation. the Cham- Tor of Commerce ana_other organi- | zations interested in financial meas- ures have given unqualifieq approval \ of this measure. Tn due time it will probably be en- acted. There is no fecling whatever an- tagonistic to -the present controller of the currency, but a belief that the banks may best be served through closer relationship with the federal reserve regiomal banks of if enacted, éxaminations the super under w - vision of the federal reserve agents | then of each of the twelve banks, W the governor and directors of the | banks in the position to review any j recommendations and_the Federal R"'l serve Board as the final court of re-{ view when such a review is neces- sary. Suth , action would bring the £.000- 0dd member banks in even closer touch with their regional heads than they ate today. . Improvement In Slow. During the past week we have wit- | nessed- decline after decline in the | industrial list of the New York Stock Exchange, and many new low prices | for the year have been established.; Here and there a dividend has been | passed or sadly cut. and daily evi- dences are being offered that this or that, big industrial corporation has not -come clean; has not taken its losses as it should have, or has not | been. able to make bank loan pay- ments as per schedule, and further credit arrangements must be made, with the hope that eventually the corporation may work itself out of the hole. et one finds the shares of the lead- 1 steel companies taking any liguidation of shares with indiffer- ence and holding relatively steady. ‘Railroad shares, too, present an al- mést impregnable front to any bear- ish attacks, despite the growing be- . Hef that Congress will recess before the measure of relief for the rail- roads will be decided finally. The whole business world is favor- | ably impressed with the desire of the administration to go ahead with thel solution of its problems and get them out of the way, but those who expect to turn in a few months the unfor- tunate conditions brought about by years must bide with patience. And this is August—between hay and grass and the closing days of the play season! Another thirty days and men will ‘be coming back to business, refreshed and ready to start anew with re- newed _¢nergy. Crops will be moving _to thelt respective centers, the coun- try will be in funds and be a factor of some import in buying again, al- though debts may burden for a time and force economies. Burdens of taxation of direct appli- cation have been materially - eased fram taxpayers. Every one's desire to get a little the best of it—nothing but human—is delaying legislation, but it will go over before long, and, our lawmakers believe, for the public good. Money is in ample supply; the po- sition of the federal reserve banks i dicates ‘that they are ready for a con- servative recovery, fully recuperated from overextended loans in many di- rections. The federal reserve system has \ served the nation well; it has able de- fenders before congressional com- mittees to uphold its position in the trying times of deflation, and few stronger than its member banks. —_—— OPPOSES UNDUE CHARGE. Charge for purchasing and carry- ing" securities that exceeds a “rea- sonable commission” and a reasona- ble rate of interest is opposed by the New York Stock Exchange. At a meeting of the governing board of the exchange recently the following resolution was adopted: “It is detrimental to the interest and welfare of the exchange for a member thereof, or a firm registered thereon, engaged iIn the -business of purchasing securities for customers under agreements providing that the customers are to pay the member or firm the price thereof in chasing and carrying any such se- curities that exceeds a reasonable commission on the purchase and a reasonable rate of interest on the balance due by the requirement of . a minimum carrying charge or oth- orwise.” - l 1 I Keysatone Tire. .ces. ' THE SUNDAY STAR, WASHINGTON, D. C, AUGUST 14, 1921—PART 1. "LO0KFORCUTIN. |Week’s Price Range New York Stock Exchange|MORE OPTINISTIC JUMPS TO $15,000,000. Houston, Tex., Trust Corporaticn FOREIGN EXCHANGE. Belling checks—Dollar values at noon terday: FINANCIAL. | Budapest 25 LOANS ON - LIBERTY BONDS i tn i —_— London ‘3081 ‘Boads ¢ and Soid - . 7.82 Prague Registe: Cempen. . creases o poD. Corrected to the Close of Business August 13, Saturday, at the Office of The Evening Star. | novl:;n. = Tfizfi:fl":’ o T8 Copeobagen 7139 Bond Hieto Taw. Div. Week ending August 13, 1981, Net. |[High. Low. Div. Week ending August 13, 1981. Net. flcate increasing the capitalization [ Madrid 1500 Beackuoie 1 604 14th St. N.W. High. Low. Close. Chge. 1021— Rate, High. Low. Close. Ohge. of the Bankers' Commercial Trust| Zurich 1695 . Amsterdam IR 13 138 13 —24[88¢ 32 — LackawannaSteel. 3% 38 38 — 14 3 Corporation, Houston, Tex., from |Athens 5.68 Beigrade 3% 18 - 8§ 2 ,2 — 5% 0 - 8% 58% 8% — 14 $50,000 £ $15,000,000 was filed at the| Vienna -18% Montreal . Laclede Gas........ Dolaw: o icy has al- . laware state depart ur policy al. B{ 1 .— AlaskaJ 134 1% 14— 2 35 — 15 partment today. Ou L aska Juneau..... 2 19 — LakeErieaWopt.. 21 2134 24— I$/Copper Also Shows Better |, Ihe,company was first chartered waye been to confine, 553 35 4 AllledChemical.... 373 35% 36% — 2% 179 2 Lee Rubber........ 20% 2615 26— X% July 19, 1921, through the Corpora- our business to sucly 9375 8 7 Allied Chemical pt. 86 8 —3 ||56}4 473§ 336 Lehigh Valley... 52 50 51 — 2% Tone W'th G tion Trust Company of America. éll'\:r‘iu o‘-fr o 30 28I 4 Allis-Chalmers..... 31% 2% 30§+ M[{I05 07% 7 Liggettampt..... 10035 % 98 — 2% , with Germany a R —— FORTY-EIGHT YEARS Supervisid j 8 . 69% 7 Allls-Chalmerspf.. 73% 714 71X — 1%|[70% 64 = LimaLocomotive... 64 64 64 —6 Good B WHEAT 0UTLOOK IN CANADA. % ambition 6% 2 — AmAgriChemical,, 3396 29 06— 1%{|28¢ 10 < poewsIme......... B 1 1W¥%— % 00d Buyer. HSHICAGO. August 13—The Modern OF "o'!l um' ey S 84 55 — AmAgChempt 57 55 36 — 12 8 1 86— %| NEW YORK, August 13.—A more|Canada ate revicing oojiciatures in mafest. S e e e 8 2% Wh- W2 u - 34 +1 |optimistic feeling prevails in the steel | sible front damage Sonecialiy is Boo. || BeMnd the sateruarses FiRaT MORT- Our requiremen 6% 201§ — s = trade over the future of the market, | katchowan, whess it sil et ohy prose || GAGES efered by this house. are, in the first place, J$ — Am Bosch Magneto. 30% 293 27 — 3%||l6d}5 138 12 Lorillara (P) 141 — 2% | although the volume of new business |serious, Parts ot Alperta: sont prowe || Ususmal demand for tavestment capital absolute security. 132:-2/% lfi% — AmcCan...... . 5% — 14118 97 7 Louis& Nash 10 + 1% :onllnules small and fails to reveall |ising better than expected and con. || ' V& ha eusbied us to offer e - general co - P i e en al e B 1)~ 1|56 85 4 stackey Cospe. % general confldence. Frices are about |servaive estimates place’the ron ot SOUND erann ity pomseety 4 152 — Am Cotton Ol 18 1 [158% 384 7 Manhattan Elev. 45 —4 |constitute the bulk of the business |Northwest rust damage is of ho e OUEARVESTRER il e 67 354 — Am Cotton Ol pf 41 30% 39% — 2%|| 45 30} — Mark rior.. 31 3l 31 — %|being done, but when inquiries for Dortance. The quality in % lieve them from all 8 4% % 4% 86— |25 % G BERYBHOE e e e e e o | Vst inabonatt e ais nemonth care in their invest- % 4 — Am Druggist Syn ™ U = % 124 — Marland Oil... My 13% 1B — 1 |petition and o O Ot lieatinst o ke Lo BEAIAN G ments with us. v 13% 8 — AmHice& Lea 1 104 06— 34[19% 6 — Marlin-Rock e e g A e R We' 'believe the' % . 3 : 3 North Da- ! 573 S = 1 15 474 — 34| 21 = 9 13| A slightly steadier t vails in |kota. The m o e reputation we have B e 0 iiulla, e M e b e o s Wl REERESRET | e $970 o LR L ----- 7 & still mostly . 2 ecome 1 n air dealin 53!% 20 — AmInternational.. 33% 29 30 — 2%||l67) 87% 12 Mexican Pete. 95% 98% — 6l% eregate |fiey"rarm:namx:fod‘:r;&e fm- | two weeks. e e They enjoy the same wide margin of Call, pho kL e I 8 1 amiamramce... 8 8 8 - H|% 1% 2 f03 0% — A B ; o B i Eracpiamrn [, oot phene] and rosecrion ta sur 62)5 26}4 — Am Linseed. 2% 21 —3%||156 10 160 Middle States 105 11 — ¥%| _ Better Tome i Copper. COTTONSEED OIL DRAGGING. || momate e a e P s st oo us in stating it will 9 55 7 Am Linseed pt 55 48 48 —12 ||%3y 22 B 2§ — 3| gCOPPer has shown a better tome.| Npw YORK, August 13.—C Deneminations $100, $500. 31.0%0. be to your interest to 913 73% 6 Am Locomotive 861 82% 8+ %l[14% 9 no- 1% he omall lots otielectrolytic recently, | oCrss, Sias ==Cottong consider our secur- % % G itk 4 available at around 11% to 113 ap- ed oil was featureless. with prices “e F “ s"“'" w itles before investing 37§ — AmSafety Razor... 4% 3% 1% i 65 7 7 -1 ;::mhm:) e been absorbed, and |showing a dragging tendency in the = Bls - elsewhere. 4 6% — AmShip&Com.... 6% 6% 6%— ;‘_ 3 3 22 NG T Contiavely Bales foritomsatiel| Cloie et a e Sbuying (§ Incentive P 1 Willi S. Philli 443, 35 — AmSmelting....... 34— %||2B% 16 18% 19% — 1 |consumption have bee i ! were 4 to 10 points net illiam ilhy G e e - | 4 s e | et e eeon s ibanl 1 celfcorieadiag el zarion iz 815 15th Street R Bt Tavesiments uRs %8 0%+ |25 e 1. 14— % | Baane Tty frem auciion, it ocesd | neminal; prime’ summer yellow gpor, (| # Xess=.WiTRSi Dane e Any St b el . 7 b4 § ates fro. 5: o) . 3 Inv — 313 24 3 AmSteel Foundry.. 25% 25% 23%6— %/[30 13% — Natl Acme 6 143 14— X |continent brought In. some. cxport | 5.4 Mecoke wey. ani wia, Docomber: e 9 61} — AmSugar.. 61} 63% — 4%([1203{ 102 7 Natl Biscuit 116 1145 115 [feasnsrate ilzbeae Sl bl G ermanyIE s == srmmams 1% 851 7 At Susarpt... ... 835 &% S— M| M6 1 — NatiComautt....... ‘I B{ P4 |Gource apeared loss. Secive. tovesd i 8 403¢ 8 AmSumatra.. 49 44 8% — 2% g.’; 41 6 NatlEnameling.... 48% 4 *5 -2 }‘,‘Z.fi"‘z’ t;'{ l':? wesk:iwnenithe INQuIEy 91 70} 7 Am Sumatra pt. 7 WY T -1 6% 6 B 2 n e ey eralvas alao/repORt i e b aller. The ea v = 10815 955 9 Am Tel&Tel...... 105% 10475 105% — || 6% 3% — NauRRMex2d.... 4% 3% T T P e Mo'.t Difficult 3 5 1263{ 1114 12 Am Tobacco. . 1237 1184 *119% — X||13% 9 — NevadaCopper..... 10 9% strensthened the position of the | Mechanical Problem §! chk execution of orders . 1273 110 12 Am Tobacco (B).... 13% 117 *119%3— 3 g’f 46 6 NOTex&Mex..... 54 54 below ,lé"‘(';]r:‘!sml"(z‘rr’;p‘:‘)(erewlrtgtfolrl:‘f’d Now Solved! 91 87 6 AmTobaccopf (n). 90 8% 89— X 54 5 NY Air Brake. 55 5414 ducers asking up to 121 for £ a 2 { &1 57 7 AmWoolen... % 80 —1 (|73 O 5 NYCentral....... T4 6 Sipment TEnEe eotioatia it _merkine and accurate—too 98 93 7 Am Woolen pt 9 9% 9% e :‘6 ;g% 2;NYC&91LA 5214 5214 = ot (-r‘w]mu. Reviewed. g&fififixo’i’"&*l"&%fi‘. 395 20)%4 — Am Writing Pprpf. 28 20l 23 N Y Dock. .. 303 29 e e g2 centia poundidure (TAL, e Bfac f izati i il — Anaconda. 33% 34% 35 — %|| 24 134§ — NY.New Haven.... changed, with business showlngu::l;i fltigfl:‘"':i--“:rfi?flgmfl»gf ! P 4 Asso Dry Goods 29 281 8% — %||204 16 1 NYOntario& W R aen Seoliman witl; capitall o' take in- ! In comes the order from the customer. Accurately it is 6 Asso Oil. @ @ 9 — 1438 16 4 XYShipbuilding.... 20 16 B n T o ot et t;etfi-! R PHONE B m‘;‘;é’“flf,“ag’“ entered and started on its way. Click—click—it goes over the 6 Atchison 843 834 83% — M|[(I04%6 8836 7 Norfolk & Westrn.. de i = B private wire to the general office, where it is relayed by wire 1 1 et : = 14 5 Atchison pf. 8 7 804+ 14|® 4% 5 NorthAmerican. : riy active at stichily | S AANAAAGRAPAAD || 1o one of cight floor traders on the New York Curb Market. - : . B % 24 81 6% 7 Northern Pacific... (| crienta H S D 2 ; i 5 G Atlanta Bir & Atl 5% 1 ount, shipment to be via ; 'k ov wire e repor 7 85 8 8 +1 |39 204 5 NovaScotia Steel gulf ports. Generall K 1 Immediately after execution back'over our goes th port Atlantic Cst Line. .. 0 Nova Scotia Steel. .. 1y 22 orts. Generally. speaking, in- - | h h office, where the customer is advised. At every 76 18 — AtlanticGuif. 23 204 g;%— 1% 3;;. 1;% -, OismomaProd.... 2 1 production was about 5,000 tons less i stoppiokie : 4416 15 — Atlantic Gulf pf 2% 20 — 23|13054 197§ 2 Orpheum Circuit... 203 197§ an in June. 233, 124 234 Atlantic Petroleum. 12% glfi 13;4 =i \:: 8’;}‘ 8 otis Elevator. 8915 88 »“l‘l?\“"}’l’:l’l I—;lleu::;‘-) :-'e"ndl, ,","';"’;‘"‘15;3' uld Man And the round trip takes minutes only for “market” orders. B3 7 Atlantic Ref pf. 107 1 — Otis Steel.. . 1044 9% 1uture shipment. o1 65 7 B;l::'lll: L:cop T T4 726 73% — 3%4|[ 596 2% 2 Owens Bottle By 24 Z HE thonght of penniless old This unexcelled brokerage service on stocks 23, 38 — Balto & Ohio. 5 3 34— 14|19 8 — PacificDevelop..... 9% 04 NEW YORK DRY GOODS. so=beings astincder Tiobady, wraded on “America’s second large:t stock 54 47 4 Balto& Ohiopt. 514 5045 0% 17% 10 — Pacific Mail.. : can face it. Yet85% of all who market” may be profitably used by you. : ; August reach the age of 65 are. d 35 14 — Barnsaall B. 169 16 16— 13¢| % 46 5 Pacific Gas & Elec.. cottons advanced today, with targer | | Srace now to ceca, mim:: 6215 39% 5 BethSteel.. 50 50 50 + 134|414 273 1§ Pacificoil. .. evinpCKings rose 4 cent a ¥ard | | perience. A small sum invested Outsiders who, have BALTIMORE OFFICE 65 4113 5 Beth Steel (B) 51 8 K- % 6 Pan Am Petrol. firm. Yarng were steady. Burlap in high grade listed stocks and studied our organization 433 EQUITABLE BUILDING 14 8 BethSteel8%pf.... % 974 974 — 14 6 Pan Am Petrol (B). shipments from Caleutta to this con- bonds each month will make you and system say that it is Telephone: St. Paul 8451 — Bklyn Rapid Tran.. 11% li;h’ l‘;: & %fi 2 :ennssylvama.., & 3;;‘4 G Sodaiwereiin s{!g:‘)';»”?lffi:::i ent. no wonder that we give Direct Private Wires — BkiynRTectfs..... 2 S — Penn Seabd Steel. .. such satisfaction to our New York Chicago Boston Philadelphis — BklynUnionGas... 8% 68l ggh = IE — Peoples Gas 5435 § customers. Pittsburgh Detroit Baltimore Cleveland 8875 88 =1 — Pere Marquette.... 19% 18} 34 D i Cippenazi., b W 1 3 PhiaddniaCo. . g 20 % KRIEBEL & CO o P hene ol ONES & BAKER — Butte & Superior... 1244 13 12 — 4 — Phillips Jones...... 63 4% % 1 . — Butterick.... Mg Blg 264 — 14 — Phillips Petroleum. 19 1614 1% q 131“““[.8&““&,% Members New York Curb Market 19% 10 — Caddo Central. 0% 10 10 —1 — Pierce Arrow.. 15 1315 Y4 3 Sameas Oty InGenepelis Miwaskos Reckferd 6475 533 6 Calif Packing . 62 59 60+ % — Plerce Arrow pf. 313 8% % e SAVINGS BANK"' o Ghowtont . Lods Clesineati 493 2 — Calif Petrol.. .33 204 304 — 24| 1§ 64 — PierceOil.. 7 6%% 1% 3 Al 79 6815 7 Calif Petrol pf. i, 7T I g :; 8 Pierce Oil pf. % 46 = Nem————— e e e 119% 101 10 Canadian Pacific... 1147 11245 113} + 3¢ 6474 52 5 PittsCoal.. Fiveicy fog Al y 4314 2615 — Central Leather.... 33% 26/ 26— 54|} 9% 56 — PressedSteelCar... 60i5 574 38 — 23 = 3 : 06 581 — CentralLeapf..... 05% 581 500 — 8l¢|lllg 895 8 PullmanCo M o B —1 3213 28 — CerrodePasco..... 25 241 25 + 3%|51)4 25 — PuntaAllegreSug.. 307% 27§ 273{ — 1% 86 46 6 Chandler Motors... 49} 46 4635 — 2%||36% 24%% 2 . 214 25 205 — 34 [ G5 1 — Cheg oo .. 59 54 8 —24||%% 6 8 RySteelSpring.... 765 123§ T5%— 2% Safe 915 6% — ChiGtWestern % T T ‘;’g/ 19 341 Rand Mines. .. 919 19 - 3y p—r_“" hh 2% 14 — ChiGtWesternpf.. 17% 161: 1614 — Y4 11 =~ Ray Consol - 12 12 12 - 3 fl 31 22 — ChiMil&StPaul... 21% 25l 26— 34|83 603{ 4 Reading... .T0% 63 67 — 2% e ———— 463 32 — ChiMR&StPpf. 395 — 1 || 584 384 2 Reading 2d pf. 40 39 39— Y4 hm’ 71 60)% 5 Chi& Northwn. 6 + 17% — Remington Typr... 204 20 20 — 1% - q % 3 B 70} 48 4 ChiPneu Tool 48 —1 (|39 18 — Replogle Steel. 21 + % . 343 22% — Chi RI& Pacific. 31 —1%|| % 414 — ReplIron&Steel... 47} = 7 67 56} 6 ChiRI&P6%DL 63% — %||24%2 83 — Rep Motor Trk..... 9 3% “n 8 684 7 ChiRI&PI%PL 75 — 1 || 697§ 46)4 520 Royal Dutch. . 52 1% 1224 9 — Chile Copper. 10 13 105 1 St Joseph Lead 11 27% 19)3 — Chino Copper. 2%+ 3 g% ;31% — StL&SanFran.... 24 % ; 3% 19 — Coca-Cola.. 321 — 134(| 38% 277§ — St L &SanFranpf. 3713 34% 17 e = - — Colo Fuel & Tron. 2= 1|84 195~ ScLSounwestra. %% B B = 3 Announce the removal of their Washington — Colo & Southern. % -1 — StLSouthwnptf.... 33% 33 i+ Y% N 6 Columbia Gas.. 53— 13| B% 9% — Savage Arms W5 11+ % offices from 927 Fifteenth street to — Columbia Graph.... 4 — 4| 8¢ 2J% — SaxonMotors B W - % X 5 — Colum Graphonetpt. 18% 18 18 — 34| 74 g;: — Seaboard AirLine.. 6 5% 6 + Y BeforeLeavmng — Consol Cigar....... 29 28% 28 — 14|12 — Seaboard AirLpf.. 9% 9 9 — ¥ Come in and arrange for s safe Z ConsolDistributors 7 5% 51— 134|983 621§ — Sears Roebuck. 665 6335 65 — sel I S Ror Toil cogey your leevels 1516 K Street 7 ConsolGas........ 8815 855 *85 — 15| 203 125 — Seneca Copper. 165 M 15 — 1 knowing that your valusbles are _ ConsInterCallahan 4% 415 4%+ 14|49 364 74 Shell Trans& Trd.. 37 361 364 — 13| 2 3 3 — Consol Textlle..... M UK Wi— 3|2% 1% — SinclairConsol..... 2% 18 18— 13| 1336 N. Y. Ave. Tomorrow ‘Morning, August 15, 1921 38y 7 4415 38 38% — 6%|| 56 324 — Sloss-Sheffield. ¥ B 3B -y r . 76 3 6 Corn Products. 673 65 66— 14101 675 6 Southern Pacific... 8 75% 76%+ 1§ 5 : 4474 25% 250 Cosden & Co.. 2% 25% 260 — 247§ 173 — Southern Railway.. 204 19 19 — 7§ > 1073% 51 4 CrucibleSteel...... 55 524 54l5— 1| 60 42 — Southern Rypt 465 45% 3% — 3% 5 . % | e ————— 3316 1274 2 Cuban AmSugar... 1534 13% 14} — 134 13 30 — SouthPortoSug... 36 30 © 30 —7 ' EX 26 674 — CubaCaneSugar... 10% 8% 9% — Z|| 756 63 4 StandardOilofCal. 72 “15 YEARS” 3 5 67% 193 — CubaCaneSugpf... 204 2 24— 25(167%§ 1244 5 Standard ONNJ... 136% B e L Direet private wires 1037 9 9 Del& Hudson...... 100 100 100 —1 |10 105 7 StandOINJpf:... 108k for clients without the 1oss of a single 249 176 10 DelLack & West... 195 10415 195 + 3/ 37 21 2 Stewart Warner... 245 Penny | 4, 1 — Denver&RGDL. 1% 1K 1% 46 26% — Stromberg Carb. 303 P ) y" 213 10§ 1 Dome Mines. 1; 163§ 1635 — 134)| 934 43% 7 Studebaker.. 8% i commendation well Sworthy fot 25% 16 — Elk Horn Coal. 1% 1% 17% 97 8 7 Studebaker pf. 95 “pe 99 o 2 5 60 504 84— 1| 136 4% — Submarine Boat.... 5% \Ef”t Mortgage Notes los &1 7 9% 9 9K+ 1 || 13% 3% — SuperiorOil... 5 000 nowon haga” O B0 w w0 15 1136 — 13} 1235 13% 1034 7 — Tennessee Cop.. % zn;wr:n'z':'::':'x:f' ‘“-:‘;’“‘:‘ nnqn:nml-h 1 1% 114 — Erio2napt. Wi 13 13— 14 2 1% — Texasa Facife.... I 25 29— ot taveatmea.™ | FN O A 825 4% 8 FamousPlayers.... 54 41 43+ 134/ 3% 16 1 TexasPacC&ON.. .18% 16 - 17 Chas. D. Sager E Organized 1814 A Open Until 5:30 P.M.' To 9 74% 8 FamousPlayerspf. 8 7 79 +1 (/203§ 13 — Third Avenue. 15 14} 1435 — 1) 923 15th St. N.W. ® 75 10 FisherBody.. 8 8¢ B~ 74| W © 6 TobaccoProducts. Wy S 57— Losn Dept., M. 36, E 5 3 193% 8% — Fisk Rubber. .0 9% 9%+ Y 91 6% 7 Tobacco Prod pf. 8 8 8 = G e t f I f P Y 5 1 — GastonWilims..... 14X Uj Ui B 6% — Transcontinental W5 6% T — 1| = n ra lons 0 rl eop e 78% 40% — Gen Asphalt..... 51% 433 45% — 4% 25% 16%4 — TUnionOil.... 19 164 17 — ,\,I/f Money to l‘oan - 1§ — 7 o 2 - i £ 174 8 5 GenAsphaltpf..... 8 80 80— BIN 1l 10 Union Pacific 120} 18 19 — 5 | $50000—19% ateroet, 1n sumn of $1.000 to 8. - o —have been served by Washington's 62 54 6 GenCigarCo. . 56% 5 56 —1 || 68 624 4 Union Pacific pr. 653 65} 6515 000, secured by first deed of trust on raal estats. b, g o 1385 1% 12 Gen Electric UK M5 — 334 19 — UnitedAlloyStl.... 25 24 235 — 13 Joseph . Weller @0 Wask ' arvasi OLDEST National Bank. Conven- 164 9% ; Gen Motors. ;:g gl‘ :‘g;i— 12 106 %3 ;’ United Drug....... 545 52 58%+ 114 ience of location, demonstrated 03 61 Gen Mot 6% deb 5 — 4 ' United Drug 1stpr. 39 . 383 38% — 2 Over ici i 82 6% 7 GenMoti%deb... T4 Tl Tl —1 a7 9% 8 UniteaFruit....... 1034 100% 1033 — £§ Quarter.of soundness of policies and reputation 435 2% — Goodrich (BF).... :;z% 31 314— %/ 12% 7% — United Ry Invst.... 85 8§ 85— 3; Centas for helpful service for one hundred 8 62% 7 Goodrich BF)pf.. T4 7 74 + 14|(26 17% — United RyInvpr... 19 18 19 —1 : and seven years ve i 79% 60 7 GreatNorthernpf.. 75 72 T3+ )4(|62% 48 6 UnitedRetall Strs. 53 5004 51%— 14 Experience even years have influenced the 3214 25% 4 ‘GreatNorthnOre.. 263 20 20+ 1)5(19 14 — USCastlronPipe.. 14% 13 13 — 23 in Propert; patronage of federal workers, busi- One Dollar 255 184 2 GreeneCansnea.... 21X 203 21 — 3¢/|20¢ 15 — USFood Prod..... 174 164 163 — 134 Manage- ness men and others. or More 165 7% 1 GuantanamoSug... 94 93 94+ || 744 465 8 USInd Alcohol 49 465 4716 — 135! ment. E = 4816 25 — GulfStatesSteel... 32 30} 32 —2 |58% 4l — US Realty. 9 6 47 -2y Wh rer YOU % Will Open 6% 0% 4 Haokel&Barker.. W)X & 5M(— X||7 4% — USRubber........ 2% 4% 47— 4| | Rental Property Whatever YOUR banking needs, | an Account 61 49% 3 HomestakeMining. 58 57% 574+ %[108% 885 8 U.S Rubberlstpf.. 9735 885 8815 — 814 oD you'll find them provided for here - 86 45% — HoustonOil........ 52 45% 4815 — 35|l 4434 37 3)5 U S Smelt Ref pf. 385 3 By~ ¥y We wish to place at your A z 165 ;50% ; Hupp Motor....... ;:% ;30% ;;M— 2%/ 86% 0% 5 USSteel... . 7% % w5+ %| | service our Rental Depart- Tomorrow’s PAY DAY—a good 98 Ve Ilinois Central . — 14112 105 7 US Steelpt . 109% 108% 109% + ment. - o< . - - 7% 2 60 Indishoma. D3 D6 D= WW4 4% 2 Uancopser.. 41 4 o fi e time to come in and get acquainted I it on 2% LSSl s )AL 2 6 Ve nadium Cory, 2% 2% 28 - 14| | we have specialized in this with our service. 5% 3% — InterboroCon.. 4 3% 3s MH|[426 2% — Va-CarolinaChem.. 24 2% 24 + 1% L P 3 : 16 .9 ~— InterboroConpf... 11% 10% 1%+ 34/102%5 57 — Va-CarChempf.... 68 67 67 business, t‘fnpfll)lvmz our OFFICERS: DIRECTORS: 13% 6% — Inter AgriChem. 7 6 6% — %|[95 63 6 vaironCoal&C... 69 63 63 —7 service continually, as a re- = . ARTHUR T. BRICE C. F. R. OGILBY 100 70% 5 Inter Harvester ™4 % BA+ 4| 9% 5% — Vivaudou. 7% 6% 65— 1| | sult of experience obtained E ceorce w. wiTe sy FAEDERICK De C. FAUST HUGH RETLLY 1% 9% — InterMarime....... 10K 9% 9% — Xl 9 7 — wabash.. 8 75 - through handling the many O OO Vice Pres. WM. F. GUDE FRANK P. REESIDE 6% 39% 6 Inter Marine pf. Gy 3056 42 — 34| 244 18 % Th- K g g Lac many C. F. R. OGILBY. _Trust Officer JOHN B. HENDERSON T. LAWRASON RIGGS 42¢ 284 SR e ] = 1 —. Wabash pf A. . 214 200 203 — 14| | problems and details inci- C. F. JACOBSEN. .....Cashler CHARLES JACOBSEN WM. H. SAUNDERS er Motor Truck. 31§ 2044 20l — 2)¢)|72 49} 250 Wells Fargo Exp. .., 6 dent to th na. nt of O. H. P. JOHNSON HERBERT T. SHANNON €] o the manageme: J. GALES MOORE ...Auditor 76 66% 7 InterMTrklstpf.. 68 68 68 1134 8 — Western Maryland. RUDOLPH KAUFFMANN H. C. SHERIDAN t - 5 ; 5 . J. 5 ,ar. 3 , dr. 64 563 7 IntorMTrk2ndpf. 589 5846 686 3 2 all classes of rental prop: CHAS. E. BRIGHT. Asst. Cashier Dr. J. THOS. KELLEY, Jr. CHAS. G. SMITH, J e 23 21 1444 — WesternMd 2d pt.. 4 ALBERT H. BEDFORD. Asst. Cashier A. LISNER * WALTER R. TUCKERMAN 17 13 — Inter Nickel. 1 30% 22 — Western Pacific erties. © LOUIS ECKLOFF AR e TOWNLEY A. McKEE W. A. WIMSATT 73% 43)%5 — Inter Paper. 70 60 6 Western Pacpt.. Whether you own an ¢ 2 JOHN H. MOORE GEORGE W. WHITE 75 67 6 Inter Paper (sta) 94 76 7 WesternUnion..... apartment, office building, Ladies’ . Trust z:x gfi S aRansOnT, :;}: 4;2 # Wostinghouse Eiee. busi;iess %rop;rlty, l;;g:.otv- Dy Open at 8:30 A.M. Every Business Day - 1) .. - = . = Whee! e Erfe. small residential propérties, 5 2 i} W, b ;;;2 ;% = JeweiTes: 4 2% 4 White Motor....... we are prepared to render ik L ® ° 3 T JewalZea vt 3% ST S B Wl OM you a service tomplete in 3 Jones Bros Tea. 1034 5 — willysOverland. every detail ~ Kan City Sou. 42 2} — WillysOvind pf.... 2 . B 456 4 KancitySoust.... &3¢ 435 ; e 47 31 .5 wiison & Co... B. F SAUL Co 1 Catpital, Surplus and Undivided: Profits Over $1.500,000 547 34 3 Kelly-Springfleld.. 41% 384§ 38 —2 [13ng 35 — Wisconsin Central. Sl 2 = 0 9% T 8 Kelly-Spring8%... % 7 70 — L7 108 8 Woolworth........ 13 112 *u3 + 3%} | Property Management, 15th St., Opposite U. S. Treasury—107 Years OId 2% 16 — KennecottCopper... 18} 173§ 184+ 3 36 ‘6 Worthington Pump 40 36} 36% — 2% 934 N. Y. Ave. N.W. T T AT BT % 8 - 136 18 15— 4| % Ex dividend, ik I L ‘ ‘ ‘