Evening Star Newspaper, August 16, 1921, Page 21

Noon prices reported to The Star over direct w York-Washington wire by Kedmond & Co. rny of Paris 6« 1921 French Government Government of Switzerland 8 1 Baltimore and Ohio cuns Raltimore pri Chicago - ock Taland and Tacitic retlz. . Chicago Union_Station 6lgx. C dated Gus Delaware and Hudson 7% 1830, International Iuter. Rapid Tran Loatsille anl X gen. mortgage 41 Reading general 4. St. Louis and San F St. Louix und i FINANCIAL. TODAY’S BOND PRICES. Southern Pacific conv. 4 Southern Railway g Southern Hailwa: Grain, Produce GRAIN AND PROVISIONS. BALTIMORE, elal).—Potatoes, 100 1bs. 1.00al Sweets, bu.. & Yams, bbl. 4.30a4.75. Beans. bu.. 75a 1.25. Beets, bunch, 3ai. Cabbage, head. 6a9. Carrots, bunch, 3ai. Cel- ery. crate, 4.00a5 Corn, doz., 8a30. Cucumbers, bas- ket, 35a5 Eggplants. basket, 35a | 40. Lettuce, bu. 1.00al5 Lima ns, bu.. 9.00a10.00. Peppers, basket, 10a Squa: Basket, 20230 ‘Tomatoes, basket, 10a60; bu., 1.00al. Apples, bbl.. 3.0025.00; hamper. 1.50 a: Cantaloupes. basket, 40a65 crate, 75al.50. Damsons, Grapes, common, baske Peaches, basket, 1.50a1.7 25.00. Pears, Barret basket, 1.2 1.50; common basket, 50al1.00. Water. melons, selects, per 100, 20.00a35.00; primes, §.00a15.00; culls. 3.0025.00. CHICAGO, August 16.—Downturns in the prices of wheat resuited today from weakness in the New York stock market. Apparent absence of any important export buying counted also as a bearish factor. Trade as a whole lacked volume and values| were easily influenced. Opening quo- ! tations, which varied from unchanged to 1% higher, with September and December 1261 to Wwere followed by a general sethack to well below yesterday's| finish. Corn was easy with wheat. After opening unchanged to 1-3 a 1-4 high- er, including Seplember at 56%as6% 10 57, the market underwent a sag all round. Oats descended to the lowest price level which September delivery has touched since 1912. Big stocks in sight left the market without sup- port. Prices opened % off to %al up. September, 34¢% to 35, and then suffered material declines. Lower quotations on_ hogs pulled | down provisions. WHEAT— September . December Ry September December . OATS— September . & December 3% ! e FORK. Sugust 16— Produce | articles unchanged. CHICAGO LIVE STOCK MARKET. CHICAGO, August 16 (United States bureau of markets) Cattle — Re- ceipts, 10,000 head; choice beef steers and she stock ste other grade: few early ies 13c to 23 part of load of vearlings, 10 heavies, 10.50; bulk beef steer: 10.00; fat she stock mostly. canners and cutters, and veal calves steady: Stockers feeders strong: bulk bulls, 4.00a light vealers, 8.00a$. Hogs—Receipts, 25,000 head; mark«t 25c to 40c lower than terday's av- erage; lights. off more; top. early, 10.85; practical top, 1 and light butchers, 1 packing sows, as.65; pigs 25c to 50c_lower; bulk desirables, 9.50a9.75. Sheep—Receipts, 20,000 h classes opened generally top native lambs, earl, ern lambs, top early, 1i Montana ‘wethers, higher, 6. feeder lambs strong to higher, 8.60 paid late yesterday. Tose. [ 1 1 i 11b.. 10%. Cona Tnt] Cal Min. 5o per bushol basket, 1.00a: jper crate, 6 002 j43%2a44; creamery RAIL AND PHONE BONDS INDEMAND. NEW YORK, August 16.—Trading in bonds continued light today, but, aside from the reduced volume of business there were no signs of de- pression which was afecting the share list. The railway group was helped by the latest word from Washington that the Senate finance committee was to hurry its report on the rail- way relief bill. and might have it in before the end of the day. Where prices changed at all in this quarter the changes were upward almost altogether. Chicago, Burling- ton and Quincy joint 61:s were very active and strong at a new high record of 101%. Their companion issues, Great Northern 7s and North- ern Pacific 6s. were in good demand. Gains of a half point occurred* ‘in} Union Pacific first ds. New Haven (I 6s and Kansas City Southern 5s. New York Central debenture 6s at 92% were well up to their high of the year. Chicago Great Western 4s reae three-quarters to 51%. An exception was the Big Four 6s, in which there were transactions at 88%, agaifst 90 Yyesterday. Telephone Bonds Strong. One, of the features in the indus- trial fon was Northwestern Bell Teleplone 7, which made a new high record of 103%. The demand for tele- phone and telegraph issues has been consistent for some time. The North- westerns were later in starting than the Bell Telephone of Pennsylvania, but they are now rapidly closing the remaining gap between the selling prices of the two. New York- Pele-|§ phone 6s, which have also been strong for some time past, rose another haif point today. Duquesne 6s were back to their high of 93, and Brooklyn Edison 7s, se- ries D, were up nearly a point to a new high above 100. Cuban Ameri- can Sugar 8s sold at 10, and were up 1% from the low of last week, de- ite” the uncertain position in the sugar trade. Some Soft Spots. Realizing sales carried the new ‘Western Union 63%s, which were ad- mitted to the regular trading, list for the first time; to 99. Some reflection of the weakness in oil stocks appears in & half-point drop in Sinclair 7%s, .a2k-Marine 6s got below 77 for the first time. One of the incidents of the day was a sale, on the first ac- casion in two mont! in the old Dis- tillers Securities 5s at 6215. This was a decline from the last previous | swite Do #3ls and represented a new low. NEW YORK STOCK EXC P s e ” m.yal‘tx. August 16. —Merc-nfine 4 paper, 8af exch. k; sterling {aien Facitc 1t 4 o Received by Private Wire Direct to The Star Offce.. sixiy-day bills"and commercial sixty. I¥ ERNST & ERNST T Racine v ds. 100 Close, | 42 Dills on banks. 3.61; commercia | a TR Qpen. High. Low. Close. Open. High. Low. Close. | gixty. duy huln, 60%; demand, 3.64% % Calied Srates o b 100" | Adv Rumiey pt. S% 6% 6% | U B Steel. T 8% | cabien 360, Erancs. demana. 1130 ; |§ AUDITS—SYSTEMS L 91% | Air Reduction. s1 81 .81 |UBSSteelp: 100% 109% 7.73. Belgian francs, demand, Rfid]lllll\fl &m 4 15 & recommendation well worthy of v 101" | AJax Rubber. ... 20 2 20 |UtahCopper. wh uy % 7873 cables. 755, Gullders, demand. TAX SERVICE : e entins 0 v o Al 5 1% 1% 1% 9 8 .97; " cables, 31.03. Lire, demand, P! » Wi o T s T R S B S YT e L O L 43377 catien 014" anurics, Gemann. - | First Mortgage Notes All 8 |Va-Car Chem. =y 28 7; cables, 1.07T3%. "Greece, demand, s Notes & r * SHORT-TERM SECURITIES. Mn’:"cfl“':.:’: Vivadou. % 6 5.48; Sweden, demand, 21.23: Norway, Investment Securities Washington Office ! gl e U S SN > & Wabash ™ % demand, 13.00; Argentine, demand, MUNSEY Buoc % We look after ail details and furnish (Reported by Redmondy&k Co.) Am Agr Chem. Wabash pf A W 20% 20% 29.87; Brazilian, demand, 12.25. Mon 2 H guaranteed titles with notes. The only Bid. Offer. Western Md oy treal, 103-16 pér cent discount. Gov 1 abwolutely safe form of investment. =% % Weater et e groment bonds lrregular. Rallroad 16 K Street 2 oiE 3 8, : honds easy. s, Roo; \ ol g Western Pacpf. .. 6% 6% 6% B ey ime lanatps 60/0iy ‘ Chas. D. Sager American Tobaceo (o. 73 T Western Union.... 8% 8% 8% Offices In 26 Leading Citles 923 15th St. N.W. American Tobacco Co. Tx 9T% esthoune 5 & M.. 43% 4 % 42 Loan Dept., M. 36. b3 Wheeling §LE.. 8% 8% 8 x;:;& 2 Whneglntor ... 88 33 .33 Telephone 0y | X 14 £. 47% 47V% 4T% 47% | White Oil.. . 8" 8 8 Hon | e & e D o ‘o 21 8% | Willys-Overland.. 6% 6% 6% 9 Docs itareport forthe firschalf |l | Aaln 7074 2% | Am Linseed. . 204 2% 0% 2% |Worthington Pmb 8% 3% 3% of 93T ndicate thar the Oil bu | W |amToeomative... 83 8 8% ""x,: Wright Aero. . 8% 8% 8% * ’v'";:léh"fiuh.;&rmb': i 89 | Am Safetv Ragor.. 3% 3% 8% m . u- Last. ht now or should holders v v i 1008 Mot e ew gh. Low. Last. ot sha s |l New York Baitimore t t 01" | Am Ship & Com . ik Call Money. 6 S Wehaveromeiner- [ Philadelphia Pittsburgh | ur Interest an our Interes 01 | Am Smelting 101% | Am Steel Fdy. 102 Am Sugar. . Sy | Am Swearpf.... Am Sumatr: AmTel & Am Tobacco. Am Tohacen (RY. Am Tohaceo pf (n) Gulf ‘0il Corporation 7s 1933 H. J. Heinz 7s 1930 Hocking Valler 7s 1 Procter & Lrogter & . 1 Anaconda. ‘W 100 | Asso ORL.. 983 o8% | Atchison. 93% 98" | atlantic Qulf £ % | attantie Petroleun % 100 Auto Sales. il 97% | Auto Sales p! 10 100% | Raldwin Toco 1% 10L% | Baitn & Ohlo 101% 1015 | P21te & Ohio f e e Barnett Leathe Reth Steal (RY LIBERTY BOND CLOSING PRICES. [ Rath Stecl 7% pf .- - NEW YORK. August 16.—Liberty ' Beth Steel 8% of.. bonds closed: £8.00; firat 13, 87.80 | RkIvn Panid Trn . Rrown Shoe. Rrunswick Term Rutte Conper. . Rutte & Superior. Caddo ON ... California Prke. and Live Stock S Lo Tank Car tern Electric Westinphome <& 3 70; first 4%s, 87. third 4%s, 918 victory 3%s, 98 Central T.eather . LOCAL WHOLESALE MARKET. | Contrai Leath ot Eggs—Strictly fresh, per doz., 38ai0; | Chandle- Motor. average receipts, 38 Ches & Ohin. . i e _| oni Great Westn Live poultry—Roosters, per 1b., 18; | 1 (0 g b turkeys, per 1b., 33a35; chickens, SPring, ! cw vyt & St P of ver b, 32a34; hens, per 1b., 23226; Keats, | (hi & Nnr!hw»l:‘u. voung, each, 35a50. ChiR T & Pacific.. Dressed poultry—Fresh-killed spring | Chi RT & P 6% ot R ile Cooper. chickens, per Ib., 35a3s; hens, per Ib., | Chile COPPE: Toosters, per I 2; turkeys, per Ib Caca-Cola. | 3:a40; keats, young, cach, §0a75. Colo Fuel. Pork—Dressed, small, per 1b., 15. Col G: Live stock—Calves, choice, per Ib., 10; | (01 Graphor Col Graph pf. . ... lambs, choice, per Ib., 10; live hogS. DT | Gong Gasof N V... Green fruits—Apples, per bbl, 3.00a | Cons Textila. west- | Cont Can. ... ‘I, per box, 3.5025.00; California lem- | Corn Product: ons, “per box, 3.0044.00; California | cosden & Co. oranges, per crate, 6.00a7.00; peaches. | crycible Steel : cantaloupes, DT cypan-Am Sugsr Cuba Cane Sugar Bieorpor , new, No. 1, barrel, 5.0026.000 No, 3, 35042 15; sweet | Cuba Cane Supnt: jettuce, | Denv & Rio G pf.. potatoes, per barrel, 7 nearby, per crate, 75al.2s; New York, | Dome Mines crate, 1.50a2.25: célery, per doz., 60a97, | Endicott-Johnson. Romdine lcgtuce. 100 cymblings. | Famous Plavers .. per crate, spinach, per barrel, [ Fed Mines & S pf... 3.00a4. S0 ontens, “10AZ 007" cabbage, | kiek Rubher- 3.00a4.00 per bbL: cucumbers, 1.00a2.00: | proeport Tex: eggplants, per crate, 2.50a3.00; tomatoes, | cotton williams per box, 1.00a2.50; corn, 25a40 per dozen; | SARTRL )1 beans, 1.00a2.50 per barrel; Bma beans, | oo ‘A qphalt pt. PRI aR Gen Flectric. DAIRY MARKETS. Gen Hfl!n:l. BALTIMORE, August 16 (Special).— "{“‘:‘&‘h‘%“““' Chickens, alive, springers. pound, 26a | 300QTieh- - 32 White Leghorns, 24a%; old hens, | Goodrich pf- - ; old roosters, 16; ducks, 20a25;|Granby Consol. pigeons, pair, 25a35: guinea fowl, each, | 3ray & Davis i Great Northern pf 8s, 10ss Off, native and nearby firsts, | Greene-Cananea. . s southern, 34. Haskcll & Barker. 3 g creamery’ fancy, pound, 45246; | Houston Oil ¥ 48; nearby creamery, 41a42:| gypp Motors. Iadles, 3032y’ rolls, 28a30; store packed, | (najahoma- 27a2s; dairy prints, 29a30; process but- | S T » dads. interhoro Metro. . NEW YORK, August 16.—Butter, | oy Harvester. barely steady; receipts, 14,136 pack- er Marine. ages. Creamery, higher than extra }:Sfiumnme ot 4415245; creamer firsts (88 to 91 score), ‘381:a13; packing stock, cur- | Intl Nickel. rent make, No. 2, 29. o s Ol Eggs—Irregular: receipts, 26,038 | nvincible Fresh gathered, extra firsts, 3%a4l; fresh gathered, firsts, 34a37: tate, Pennsylvania and nearby west- ern hennery whites, firsts to extras, 47a59; do., browns, extras, 46a43; do., gathered ‘browns and mixed colors, | Kennecott. --.- firsts to extras, 35a45; refrigerator | Keystone Tire. pecials, 37a38; do., firsts, 35a36. Laclede Gas. . Cheese—Easy; receipts, 3,214 boxes. | Lee Tire & Rubber whole milk, flats, fresh, spe- | Lenigh Valley- 21a21%; do, average run, 20a state, whole milk, twins, spe- 21a21%; do., average run, 20a CHICAGO, August 16.—Butter, low- er: receipts, 16,575 tubs. Creamery, extras, 41; standards, 38. Eggs—Unchanged; receipts, 13,194 cases R Montgomry Ward. = e Natl Blscult 3 t CURB STOCKS. ;:: E’u&u Quotations furnished by W. B. Hibbs & Co. { Natl Rysof M ~12:15 p.m.~ | yevada Copper. Bia. Askd | NY Alr Brake. 14 PhINY cun;‘ul 815 9 Dock. - ;3” ':5” N ; Ont & West. W 1% |Northern Pacific. ¢7 |Oklahoma Prod... 9 | Orpheum Circuit 13 1 0tis Elevator. 18 | otis Steel. . 3% | Pac Gas & Elec 1% | Pacific Oj1. . Agtun Explosives Allied 0il Arkansas N Hig Ledge Boone 0il . Boston and ‘Ygrtan bl 13 |PacTel & Tel Cities Service pfd. 43 |Pan-Am Deto....- Columbian Emeraia % & |pan-amPete (B). Commouwealth Finas 52 53 | Ppennsylvania..... Consolidated Copper 1 1% | penn Seabd Steel. tinental Motors . 3 55 People’s Gas. ... > 5% %] pere Marquette. Dominion Ol . 7 9 { Phila Company Durant llulurl 26 27 | phillips Jones B (33 6 | phillips Petroleum 3% 30 |pierce-Arrow..... 30 32 | Plerce-Arrow pf.. 12 14 1% 1516 8 o, 35 ool | Pressed Steel czr. 7 8" | pullman Co. “3‘* l;}z Punta Alegr HMecla 3% 3" |PureOil.... Hercules Paper ST ° lway St 2 D Intercontinental *Rubber 6% 6% | Ray Con'Copper- Internationnl Petroleum (new) . 10% 11 | Reading....- .Ion;m%« -)-fi“" 16 19 | Reading 1st pf. o Torpedo 1 |Remington Typ 18 19 | Rep Iron,& St 17 Rep Motor Truck » Royal Dutch. 3 |8t L & San Fran 2 44 (St L & San Fr pf. 2 St Louts Southwn. 183, 145 |santa Cecllia Sug. 2 12 4 17 ne Star Gas.. uum- Copper . Maracaibo Oil Mason Valley i Merrit OIl . } dMiawest ofl Midwest Oil pfd. Midwest Refini Mountain Producers’ it Nevada Ophie - % 8% | Sa-on Motors. ..... New Cornelia 32 |Seaboard Air Line. Nplesing“Srhne 1% | Seaboard A L pt Noule Oft aad ¢ L Sears Roebuek.. Northwestern Off 12% 3% | Ghell Trad & Tran. Omar Ol (new) 19-16 111-1¢|SinclairOil.... Berpton e &% o8 |outhern Ratiway. R, Southern lway. Prod d Refl & RGO COm. = rrener % 3% )8tandara Ofl of Cal. Eaalo ped. - % 34 |standoi oy Hercules Kods Conerts A oeax Salt Creek Product e e Sapulpa com. Simms Petrol Skelly Oil ki ik Southern Coul and I L weets Co. of America.. 38 | Tenn Copper. RN SRS Swift lmem-tlun Tonopah Divide . Tonolllh Exltu\ United tern . 8. Light an t L. Texas & P C & Oll. 2330 | Tobacea 4 - . 5 *® o o NS e e oS Bolinme ] b Transue & Wilms. Union Oil. Union Pacifi United Drug. United Fruit. United Ry Inv. United Retail Strs. Uscut}r?lne... U S Cast Iron pl. extras (92 score), | 1M Motor Truck.. Trans Contl Oil.... 118Y% 8% 67% 6% 19% 0% THE EVENING STAR, WASHINGTO D. C, TUESDAY, AUGUST 16, 1921.° FINANCIAL are identical, since our own funds are first in- vested in the mortgages we offer. This fact aione should appeal to you if you are seeking an investment surrounded with every reason- HOURLY SALES OF :‘TDCKS iAddiunml reductions in Pierce rrow and other cars testify to the wisdom of the Stug'ebaker polley which has eisbied che Why 3% when| able element of safety and offering a liberal Alilngton G S . carn a f s ! : ‘\‘n".fly’,"z’i',: '.'...‘.x":'-u.{m.‘ "«f‘? 5 %1000 at hrf o fa chree meothe, whis your 7 money) x:ld] interest return. Wsningro 2 - o144 Josscs. Get ;1:’?.‘{:.“5’.:(:..:‘““’ T (f’ = ymllia k Our First Mortgage Notes on Washington $L000 at 013, $4.000 a = 25t0 Studebaker's markec action. you will enjoy Bank | Alortgag n Washington, Safety. Invest your| D. C., improved real estate meet all safety re- Savangsanour | quirements and are backed by our record of . 52 years without loss to an investor. First Geveral Blectric Sinchir Baldwin - Famous Players Middle States 0l Awmerican Car Fomndry American Locomative City and Sul . Capital Tra 8615 Withingtoa: Hativay se. fio Washington Gas 7 9% 9% 9% w% 9% 3% 30 30 3% 3% 3% €% 4% M TH id et specialized experience of Baltimore Stock Exchnnge ! reasonable amount of room is essential for safety VINGS BA " 5 o s e { omuece asa 34V over a quarter of a century i Chicazo Roard of Trade i { and comfort. Sast Wahington ; ! Merchanis’ o managing rental property. | ! RELI G "Bid and Asked Prices Write and ask for 621 Mortgage Swartzell, Rheem & Hensey Co. BONDS DILLON 35 CO. 727 15th Street N.W. Notes and secure not only | el Fotnitas the safest form of | in and Potomue Gual investment, but lhe“ Shaphane, Call, phone | most profitable as or write for | well. PUBLIC UTILITY. Washington, D. C. The Nation’s Home Fown 2 Years Without Loss to an Invest: STOCKS—BONDS 32 Broadway New York booklet, - Quarter l'::"s!tc;y In denominations of a Then Profit.” of $16) and up. i Century - : Experience o . etk n A e Yin Property || William S. Phillips ; Macnage- Real Estate Investments ment || 1409 N. ¥. Ave. Mnin 98 MISC Riggs Realty v | SECURITIES I bought outright or on conservative margins. TOCKS PUBLIC UTILITY. and Telga. 1 0 The Advantages of an experienced organiza- ——a tion handling rental prop- erties are numerous. For SMITH, ANDREWS & “an example, we decide all MARSTON policies with the experi- " 1412 M Street N.W., ‘Waxhington, D. C A MARGIN OF SAFETY No one likes to ride with the motorist who al- lows just an inch for the other car to pass. A ence of many other cases Members 1 New York Stock Exchange in mind derived during our Are you living your life in accordance with that principle? Or are you habitually running too close to the traffic? A savings account is a margin of safety for you and your family, both for the present and for the future. | Money to Loan ntezest, in sums of $1,000 to ¥ Brst deed of trust on real estute. Jo'seph 1. Weller 420 W B. F. SAUL CO. 934 N. Y."Ave. N.W. Property Management Uidg.. 9th and ¥ n.w. FORTY-EIGHT YEARS OF PROVEN SAFETY o T et LOANS ON 39% Compound Interest Paid On Savings lerchants’ Trausfer and Storuge 115 ebis Le ¥ RT- . Nersebtiae et 2 i LIBERTY BONDS ONERS oerea b e Bonne ST MOET Capital and Surplus $5,400,00¢ O "Butcl Market con H Bids. ekt say Brio Unusual demaad for favestment capltal Pistiy. Fanston ooy - o Eegistered or ,-.,,wn 1o 11 bas enabled us to offer Sy g, e berty Bond Exchange | SQUND 604 14th St. N.W. ¢ AMERICAN e SECURITY & TRUST COMPANY 15th Street at Pennsylvania Avenue FIRST MORTGAGES EARVWING 8% INTFREST EQUITAB Co-Operative Building INDUSTRIALS SOFT; 2% 2% 0% 10% Association ey e . ] ) l o fl‘st ¥EAR COMPLETED e L 7;!: :m and pl;h;d‘m :vmu:, N.W. e 21k | el i ighth and H Screets, N. 436 Seventh Street, S.W. @i i 1\ Wall Street View of Proposed || The F. H. SMITH CO. Member American Bankers Associati @ aow n Save for a Purpose i Founded 1575 crican BCaoce 2% 12% Action Helpful Stated veriod of time. o * 4B Neary Withent i 1e Any o A WE:"_ Subscriptions for the 8% 3% . ' 1% 1%| NEW YORK, August 16—What lit- : 81:: lssue of Stock | | B o |tle interest there was in today's finan- | elny Reeelved | 108 108 108 2% 1T 4 4 4 % 4% 4% 4. 4 4 T Ty /Y 2 8% n% B BWh o 16% 16% B6% B5% B4 7T 6% 1 E I TU 'Y 16% 16% 10 19% 9% 55% B4% 183 W00 101% % "1 9« w% 13 ,wfi o o it b 46% : % 8K 8% cial market again was pretty much absorbed by professional operations for the decline in the share list. Did July mark Outside of the stock exchange there t EQUITABLE BUILDING G i int” were few incidents of note. Selling of | | 11ADLL DUILDIIM. turnlng pOlnt German marks pressed them down 915 F St. N.W. A %till further with no sign of any JOHN JOY EDSON. President m mal‘ket? check. FRANK P. REESIDE, Secy. The tremendous emission of mnew paper currency, due in large part to the efforts of the Germany government to get hold of gold for the indemnity payments, is responsible for this de- Good Judgment cline in the’exchange and this has When You Invest in proved more of a factor than the im- Lied provement in the German export trade. ||} The other European exchanges [ worked somewhat lower, but there Shares, $2.50 Per Month 4 Per Cent Imterest Get this week’s 12 page issue Investor & Trader When The Ice Man Came Today Did you stop to consider that ice men all over the city were delivering ice to hundreds and hundreds of families? Read articles on: —*“Business and Market conditions” —Specific stocks 1% | were no developments of consequence in_their position. A E 5| Only one thing happened which had ), —*“Bonds traded on New York Curb Market.” I i Did you stop to think that the profits in manufacturing and selling ice are practically certain on account of the very necessity of the i i product? ¥ The chances are that you did not. But stop and think it over now. There is money in the making and selling of ice. | And There is an Opportunity for YOU to Share in Some of These Ice Profits The Washington Ice Manufacturing Com- pany has been producing ice for several years. The company is paying shareholders big dividends snd has been paying them regularly with the : operation of but one plant. any bearing upon the stock market, and this was the announcement that : the Senate finance committee proposed £ They give Y:l‘“ freedom to report the railway relief bill be- rom worry and annoyance fore the end of the day. This news and yield came after a forenoon of declining ||l prices all through the industrial list. Bears Are Reckless. I Tt had a steadying effect, especially 0 upon the railway shares, which had shown their ability to hold up even during the worst of the selling in In De““""""""" of $100 other quarters. Whether the opposi- and Up tion on the floor of the Senate will be " 2 overcome by the threbn.l othno t&ces: Safety is unquestionable remains to be seen, but the outloo! hen placed o ool ntssme ot thisheomas|§ Mhen placed'by lation, -which means so much for the railroads, and which might easily prove the turning point in the umr i on $ trade situation,” decidedly. hopeful than it was at the clos ot Main 2345 713 14th St. CALL, PHONE or WRITE for a copy—no charge Ask for UU-473. BALTIMORE OFFICE 483 EQUITABLE BUILDING Telephone: St. Paul 8451 Direct Private Wires New York Chicago Boston Philadelphin Pittsburgh Detroit Baltimore Cleveland JONES & BAKER Membors New York Curb Market e e opened down in the stock e Now the company is operating two plants, 3 market and craderaiworking ian the = and producing to_capacity. in each one; an in- : Bour to offter down Industrial shares - : s crease in production of over 200%—more than - without much opposition. Here and X Capital and Surplus double. : there liguidation was brought out and new low points were reached. E - $2,000,000.00 This was tr\;e in most of the oils, in one or two of the equipments, in the \ Gloctric shares, in . International \ Blcorllltle your de- It is so readily apparent that it scarcely needs our statement of the fact that with pro-. duction more than trebled, the value and divi- A E;- fi?flfi:? .‘i’;fif;:fiflf n‘léfic.lrl:t‘: : po;lb will :e welli dends of holdings will xlnost ic:er:;inly hfleh:eted to offset the reports of morg activity ! - : . come here, and you Your opportunity lies in e very i | were oty Eoeroninn RO i ki e made ts feel’tlut offering of treasury certificates which happens to be avajlable now. If you are interested in having a little of your money producing more money for you, get in touch with us at once. We shall be glad ta motor you out o gee the two big plants in operation. {g"ny case you will net be ohli- gated in any way. But the Offering Is Limited Write, Phone or Call at Once Comment on Tax BilL B Bgars on the atock market and in 1 o your patronage is the country generally got a helping K ilSha “hd hand when the' administration ' tax 3 : ~ ; program in Congress was seriously i That's the sort of checked by the provision not to make = service that is back of the excess profits tax and the reduc- 3 i S the standing this old tion in the higher surtaxes retrpac- s 3 e “hank b d tive to the first ‘of this year. This LiHS3 = 2k \ agk has wonm, and is was interpreted to mean, in case the the spirit energizing our action is not reversed in the Semate, b a7 steady growth. that the hls men in business and - ¥ Same rate of interest finance would be more than ever dis- inclined toward any fresh initiative T treap paid on large and small dlglnx the remainder of the year. d atcounts. ence, it emphasized the feeling of N B T ahonal Savmgs & Trust Co. SR R s 8 316 this sentiment which 18 shew Oldest Savings Depasitory in Washington ing itself in the market, n t ta an Cor. 15th and New York Ave. great extent ln thc u it toteroats to iy \ & WOLBERG anp CO, Inc. | : Suite 354, Building v