Evening Star Newspaper, September 8, 1921, Page 28

‘ FINANCIAL.” THE EVENING STAR, WASHINGTON, D. O, THURSDAY, SEPTEMBER 8, 1921 3 FINANCIAL. = EXPECT CERTIFIGATE| NEW.YQRK STOCK EXCHANGE (RN (ROP SHOWS |-;.osQRAY,S BOND FRICES. et 5| bRt sdtws lirect Now Yofk-Washington wire by Hedmond & Co. | Southern Rallway 56. Berym: Co. it and Bold Close, | O'Irl.:otnn- 6p 1031... 9 15-16 S"}"‘ ific 1st 4. C::-hnmn‘:: u.'.'nnmfln Co. 146 160 M Bu: Adams Express. StL & San Fran 0% o '-.un Government 83 % Dhin Paciee DY ons Continental Ofl_Co. 1 110 Adv Rumley. 1 StL & San Fr % 6% 8% W Kingraniat of Switmeiand 8, Crescent By 2 604 14th St. N.W. D! gdom of Belgium 7%s. 1081 | United States Rubber Cumberland 120 Ajax Rubber. 0% StLouis Southwn. 2% 2% 2 5 | Uuited Kingdom 534e 1t % | Unlted Siates Rubber 735 "& Eureka Pipe i Alaska Juno. 1:: StLoulsSownpf.. 3¢ 84 B84 84 g:‘l::: ggmn 5&- 1022 98% | United Btates Stesi 8, £ 5. 4% | Gatena-Sign: 34 = . Allied Chemical... 38% 38 Saxon M gdom Gige 1020 Sof§:| Vacaum Oll Corp. 4% i Galena-Bigual o1 Allis Chalmert 33 8 2% .l:u Sanbur: ‘Aolrr :: :‘n‘ :u :u H:-‘;’e:’" 1. ..5":'.‘ “:mv . & 1& n“f '0':‘?:: 2""““ e 2 Indiana ’;‘}p ,fi f - < Am Agr Chem 37 81T % Sears Roebuck.... 68% 63% 61% 68 Armour & Co. 4 : P11 25 U l T A B L able Financing Septem- |Am Boscn B M6 M |SenecaCopper e 1. m]164,000,000 More Bushels. | Atchison. Topera ‘sad suaia ¥ sos. 460 18 SHORT-TERM SECURITIES. ' Fork Priig y Atla, L Am Can. 1% W% K 2% | Shattuck-Arisona. 64 64 6% 64 Atlantie Coust Lige 7 102 (Reported by Redmond & Co.) Northera Pipe Li 5 Co-Operative Building 2 Build- |AmSan X% WK WM % |Sinclairoil....... s m% = %) Other Prelimi C Atla fnatag Co, Big. Askea. | D0 O3 D6 % IS ber 15—Chairman Build- |amcara Fdy. 165 1m~ 198 121 |Siosa-Shemeid. ... s o4 35 36 er Preliminary Crop | saiuonrac o e o American Tel. & Tel. 6e 1922.. 9% 9% | Prairie Oil and Gas 3 Association ~ Am Car& Fdy pf.. 100 100 - 100 109 |Southern Pacific... 17% 784 T1% TI% Baltimore and Ohio 6s.. 92" | American Tel, & Tel. 8e 1024.. 98! 98% | Prairie Pipe Line Co. 185 ing Project Named Am CottonOfl.... 20 20 2 0 ISouthern Rallway. 21% 21% 20% 20% Es"mates AI'B Mada Baltimore and Oblo 8. . 88% | American Thread Co. 6 1928.. 97 97% | Solar Refining Co. 330 Orzanized 1879 g J| 3 Am Cotton Ol pf.. 4% &% 4% 4% |Southern Ry bt... s 1% &1 €1 o mnm Bteol refd. Be. © 88" (American Tobacco Co. 70 1922.. 100% 101™ | Southern Pipe Line Co. o 41ST YEAR COMPLETED Am Hide & Lea 9% 9% 9% 9%|Standard Milling.. s8° s6° 88 o Surlington (N. P.-G." X, . 1028 American Tobacco Co. 7n 1923.. m}i_ South Penn. 0il Co 7 PR BY I A. FLEMING AmHide& Leapf. 9% % & @ |Standard Millpf.. 7% % 7% T6% g~ COTD crop, which suffered a|ciitihy Teriherm 7 i Tl o 1008 | Standard Of ¢ o With less than a week before the|AmIce.. 65% G6% 5% 864 |StandOflofNJ... 136 136 136 186 |1°% Of about 91,000,000 bushels in gm:n Pacific ds 1949, N 138% | Standard Ol i S0 announcement from the office of the :!mn{:;:rnd S ’x;: m ::; gund OIINJpf... 106% 106% 108% 108% | Prospective production i July, made | Ghesapeake and 35:}3,“1‘;'. ki) R A e TR =1 = Wonderful results will be Secretary of the Treasury as to the |’ . :.....2:«1; 2 :, e e e s:-’;:-—fi:";::“x of.. 88 el 88 :fi a gain of 164,000,000 bushels during peake and Ohlo cony. b, 98% | Standard 01l Co. Nebraska B ::hdined if you make up your ¢ character of the financing to be car-|am Locomotive... 884 8 _ 8% _81% stuaab-kuf . ::u ;:: b5 August over the forecast last month, i gg: o 3 & l ."= to join the Equitable Tied out September 15, with the|Am Safety Razor.. 3k 3% _ 3% 3% |Studebaker pf. ¢ 94 94 |the Indicated production from the |2 ‘:‘11 30 8 save up systematically. public and the banks on the buying|Am Ship & Com SuperiorOfl...... 4% 4% 4% 4% |September condition of the crop being Copper Efport A 8a 1022, % 101 bacriptions for the end, there is considerable interest and [ 4™ g::m:;-p 50 TomtorCorn (A).. BK 8% 6% 5K [3,186,000,000 bushel S LS R e e S T no little speculation as to plans of | Am Stacl bay . TenniCopper 3 & | Pretiminary estimates o this year's Copber Haport “av g 1025.... 101% 101% 813t Issue of Stock the Secretary for the date named. ‘Am Steel Fdy pf. Texas & Pacific. 2% | Production of winter wheat and hay s b Being Recelved It is recalled that June 15, the oc-|Am Sugar.. Texas & P C & Of 19% | and forecasts for other crops, based Gult 0l Corporation 7s 9 S « caslon of the second installment pay- | Am Sugar pf. Third Avenue. 104 |on their condition on September 1, H. J. Helns Ts 1930, 1% Shares, $2.50 Per Month ment of income and excess profits|Am Sumatra. Tobacco Prod. 6% 2 by the Department Hocking¥alley e o taxes, & matter of $625,000,000 of se-|Am Tel & Teieg. Trans Conts ot 4% | were announced by the Depar Kennecots Copper 16 1430 92 4 Per Cent Imterest curities were floated by the govern-|am Tobacco. Unlononl. ...... 18 |of Agriculture today, as follow Inter. Rapid Teans Ligkett & Myorn s 100 ment, divided—part three-year notes|am Tobacco (B).. 122% 124 122% 122% Union Pacifice 1 | B Wnterwhent, SBAL 00000000 Toinne and N cter & Gamble Ts 1022 T EQUITABLE BUILDING and the balance certificates. . |’Am Tobaccopf (n) 8% 8% 88 88 |Union Pacifio pr & |spring wheat. 0%100.300 0]° bushel: brocter & Gamble 3 1 100! This action_was in line Wi O e e 1% Th T3% | Unived meam & ;| wheat. 764,006,000 bushe n. 886 3 Rervolds do 19 100 915 F St. N.W. policy of the Secretary to consolldate | ‘i oo ion e % 9% 9% 9% | United Fru; 000,000 bushels; s, 1,090,000, Rk D a2 o .. e floatingdeht af he Hnlted S [AmZinc&lond... ™% T T6 TH otat b . : Bears: Rocbuck & (o. 7a 1023.. 974 97 JOHN JOY EDSON, Prestdent as represented by Treusury certifi- . and rye, 64,800,000 bushels. - 3 - - Eaten Ann Arbor pf. 2% A% m ::: 114 | * Condition of the crops on September gfiu::z;!:lnzlr:ll;:‘yl g’: };fi B gé = FRANK P. REESIDE. Sec’y, This suggests a like actlon for Sep- % ST % |1 or at time of harvest follows: Spring Bwife & Co. 8 1925, P HA tember 15, this being the date of pay- Bi% 85 8% 8% 48% | wheat, 62.5 per cent of a norm Swift & O £ o8ty . ment for the third installment of in- 2% 2% 2% 2%|USRubber. 48% | wheat, 72.6; corn, 85.1; oats, 611, Texas Co. 7s 1923 N o come and excess profits taxes, 8o that | Atlantic Cst Line.. 86% 86% 8 8 |USSteel.. 8% | barley, 68.4. T L AT e we are likely to have both an issue|Atlantic Gulf.. 21 2% 28%| U S Steel pf. 109% Comparison of Figures. Westinghouse E. & M. 7s 1961.. 101% 102 i of notes and one of certificates. Atlantic Petrol 10% 10% 10% | Utah Copper % b The Investment The matter of the interest rate Is|Balawin Loco 8 8 &% Vanadium Corp 0| o The estimaten jofitha] BsptATER | LIBERTY BOND CLOSING PRICES. That Has Earned one of pure speculation, but as the | gaieo & Ohto. 38 8% 81%|Va-CarChem..... s1vy 31% 0 0% | Crops siven today may be compared |3t NEW_ YORK, September 8.—Liberty It shows the progreas of Easerye benks with one or (wo XD | Buito & Obla pE 5% Bl 6% |Va-CarChempf... 73% 78% 72 7 |With the estimates last month for (s bonds closed: 3%s, 87.40; first 45, 87.76 || / snveatment in omr company PRESTIGE tions have lowere 2 Barnsdall (B). 1% 1% 17| Vivadou. % 8 ™ Th t August production, | Seaboard ‘Air Line adj. bid; second 4s, 87.74; first 4%s, B7.94; 3¢ yourihvestuiinte oe AVIArATERTa) e rates since June 15, and call money [ Barnsdall (B) i Gk raddu . the August crop. Augu Sinclair Cona. Ol Corp, 7%s ‘i925, second 414s, §7.90; third 4%s, 9203 s} has found a new low level. it 1s within | oot Steel 1% pf. 91 %% 9 |Wabash] < % T TR TX|.s forecast last month, was: Winter | syuthern Pacifc 1at and ref. 4 77 |fourth 43k, 88.00; victory 3%s, 99.06; || e than 12 per cent, you owe it to FIRST TRUST sEsurdbatnitiesibac Amote anue e | Badtli Fishaciss. 3% 3% | Westornararn ot B U WK WK ear, 544,000,000 bushels, and the 1920 | Southera Pacide coor. 4a.... E3 | vietory 4%s, 99.08." » 905 L yourselt to know of our 12 per cent ate un e 3 - 3 ) 2 ,000, e cheek . 99.08. l‘;‘;r ;I‘"l":l nl‘l)xl'r;r:lnd the certificates | Bklyn Rapid Trn 10 10 10 | Western Md 3 1% 1% 16% 1% production, 575.000.0M.dl'|;r|n{92:l’:rl;: = Dl;:l;ln‘lufll plan. NOTB slightly under the 5% per cent car-|Burns Bros. 8 8% 8 |Western Pacifie... 214 21% 31| 313,000,000 bushiels: ‘and the 1920 pro- Gra]n P d . ok wte 0o ful atecnmtion Fied by the i<sue of the sme date. uos o Westhse Alr Brie. g1 8 814 O vmola and the 1920 Produc. 9 roduce an ve toc This would seem to in e a = Vesthouse E & M, X , nge able 53 per cent rate on notes and |Caddo Ofl. 0% 1% 10%| Wheellng & LE. . ‘on ‘on ‘o ‘o |tion. | 787,000,000; 'corn, 3033000000 | LOCAL WHOLESALE MARKET. GRAIN AND. PROVISIONS, | . 5% per cent on certificates. Californja Petrol.. 6 36 3% 35% | White Ofl.... % 9 Bk 8| e a0 oats. 1,137.000,000 bush- | , EEE8—Strictly fresh, per dos, 40;| BALTIMORE, Md, September 8 ¢ One thing must be taken Into con-|Canadian Pacific.. 113% 113% 118 118% | Wilson Company.. 85 85 85 85 | oo oog ine 1990 production, 1,526,000, | AVerage receipis, 38. (Special).—Potatoes, white, bu., 175 230 Bond Bullding « Slderation ‘in the marketing of the|cCase JDPf...... ™ B W B IWillys-Overland.. 8 6% 6 6 |00 harley, 111,000,000 bushels, and| Live poultry—Roosters, per Ib., 18;| 4 0 it o RR e B LIS 1400 New York Avi September 13 lssues, and A0 s iast | Contral Leathor... 2% 2% % 2% | Willys-OVIADL.... 21% 21 1% 29% | the’ 1020 production, 202,000,000, and [turkeys, per 1b, 83a3; chickens, | 2-00; 100 Ibs., 2.25a2.50; Nos. 2 and 3, Washington, D, C: e 22"%’&21%?;:;‘“?1‘:532: Lant|Contral Leather pt e2% 62% 62% 62% | Wisconsin Central 30 0% 0% i’y‘i 1694: 0600 "Eushels, and 'the 1920 | sring, per Ib., 32a33: hens. per Ib:, ; sweets, bbl., 2.50a3.50; yams, Main 948 Plus— ,“dus‘:.;u corporation bonds, the re- (é;rrodtlle I;(asco ::;: :» :h ‘Woolworth. . 1% 1% 11% 1% | production, 69,300,000. 26a28; keats, young, each, 35a50. beans, bu., 40a90; beets, nl:l-cu-;vnurue-t-uo- Slfety newed confidence in securities unques- apdier Motors Worthington Pmp. 313% 3% The condition of the crops and the | Dressed poultry—Fresh killed spring | bunch, 2a3; cabbage, head, 4a8; car- Exted E of Mind Ches & Ohio % % 5‘_“ ‘Worthington (A). 71 :" n :F 1921 acreage were announced August|chickens, per 1b., 34a88; hens, per lb., tionably attracting a considerable [ 5, - ts, b 3 . Dart of the money that has recently | Chi Great W Th T Th 1 last as follows: Spring wheat, 66.6; | 28a30; roosters, per Ib., 32; turkeys, Der | 500, comne Homr Sats oo tuerorey, et m— Cotoas been finding its use in certificates and | Chi Mil & St Paul.. 0% B% B High. Low. Last. [ncreage, 18,023,000; all wheat, 1b., 38a40; keats, young, each, 60a75. | iet, 40a50; eggplants, basket, 20; let- iy + motes, both of which are excellent |Chi Mil &St P pt. ©” wma wa CallMoney...... 8% 6% 6% |acreage. 56.744.000; corn Pork—Dressed, small, per Ib., 15. | tuce, bu., 50a1.00; lima beans, bu., 75 In_denominations of +" collateral for loans. Chi & Northwn age. 108,901,000; oats, Live stock—Calves, choice, per Ib, | 21.0; ofitons, bu., 150a1.75: peprers,| f ERNST & ERNST. $100, $250, $500, $1,000 It is more than probable, however, [ Chi Pneu Tool. that there will be more than a suffi- |Chi R1& Pacific.. 33% 8% 2% 33 1lam.. cient demand for the new issues, pro-|{Chi R1& P 6% pf. 66% ©b% 654 1p.m. vided two issues shall be offered on |Chile Copper...... 100 10% 10% 0% the 15th instant, to absorb the offerings, | Chino Copper and bankers are advising clients Who | Goea-Cola have intimated a desire to reinvest|c jumbia proceeds of expiring certificates and | Gojumbia Gra, intending buyers of new issues, or one [ cOTNETC RS bl 1 s 13 5% &1 61%| HOURLY SALES OF STOCKS. 00; barley, 71.4; acreage, |0 B basket, 20a25; squash, basket, 15a20; tomatoes, basket, 36a70; bu., 70; ap- 180600 12m. rye (on’ condition given): |1l lam i ples, bbl, 2.50a4.50; bu. 1.25a2.50; { il AUDITS—SYSTEMS 851 500 2p.m....300 200_ | acreage, 4,544,000 Green frults—Apples, per bbl., 3.00a | cantaloupes, basket, 75a1.0i crate, e s M 1 CURB STOCKS. 1050; per bushel basket, 1.00a3.50; |1.25a2.25; 7a8;grapes, TAX SERVICE e G oo oo Quotattons furnished by W. B. Hibbe & Co. | Western, per box, 3.50a6.00; Californa | JOHOR S 2s 20, pear 3% 8% 3h 3k ’ 12:15 p.m.— | lemons, per box( 5.00a7.00: California | Bartleit, basket, 1.00a1.25; Seckels, 75 | fi Efli‘ asysy |oranges, ‘per crate, 5.50a6.00; peaches, | a1.00: common, E0a75: plums, bu. Washington Office cholce, per I ., 10; live hogt LOAN DEPT. SHANNON & LUCHS oy 713 14th St. 1 ir | C % per bushel, 3.00a4.00; cantaloupes, per = [ i fStugasithie sromayjbesean Ui Comp Tabulator.. aie % % 3 44 By |crate Leoasso, I e e o outte. MUNSEY Buoc. d Maturing_obligations September 15 [ Sons Distributors. 4 4 & 2 21" ;" | Vegetables—Potatoes, new, No. 1,|4.0026.00. hies . ’ i M to Loan are series TS-1921 and TE2-1921. S % 4 17 19 |per barrel, 5.0026.00; No. 2, 2.25a2.75; SELLING PRICES AT NOON. Roem 915 ¢ oney ‘hat Building- Committ, Coahien . e s 0 78 |sweet potatoes, per barrel, 3.00a4.00: " o Telephone, Main 8867 Chatrman Ba - Cemmities: Cons Téxtile. 4 11 1 1 78 llettuce, nearby, per crate, 75a1.50;! Wheat—No. 1 red winter, spot, 1.39% e e e T S e L g B [N S fieass; o, porier vushe: No. 3 e winter mpot L3t; ||} Omemnblesmmacmn W 500 ] Weller S Ve b AR tion, this morning named Frank P.|Gorn Products pf..101% 101% 101% 101% 17 19 (doz, 50a75; romaine lettuce, 1.00a|No. 2 red winter, garlicky, spot, 1.28%. bldg.. $th and ¥ n.w. pt 4% | 1.50; cymblings, per crate, 50a75; spin- 3 1% §%lach. per barrel, 3:00a4.50° onions, 2.00| September wheat, 12% per bushel; r" u‘u.z a4.50; cabbage, 3.00a3.50 per bbl.; cu-|October, 1.30%; cargoes on grade; No. 2 % 121 |cumbers, 1.0021.50; eggplants, per|red winter, garlicky, 1.27%; No. 3, crate, 75a1.50; tomatoes, per box, 75a |121%4; No. 4, 1.16%; No. b, 110%. 3:90; corn, 10a35; per dozen; beans, 2.50a | Sales—Cargo of No. 3 red winter, gar- 4.00" per barrel;' lima beans, 15820 per |licky, at 1.22 per bushel; cargo of No. 4 quart. red winter, garlicky, at 1.17%. ‘orn—Cob, new, yellow, 3.60 and .65 DAIRY MARKETS. per barrel in car lots; contract corn, BALTIMORE, Md., September 8|8Dot, 66; track corn, yellow, No. 2 or (Special).—Chickens—Alive, sprifig- | better, domestic, 76; no sales. Oats—No. 2 white, new, 46 to 47; No. Y 3 white, new, as to welght, 43% to 45. 16a17; ducks, 20n24: plgeons, pair. 25;| Rye—-Baglots of nearby rve, ss to Pl e T quality, 80a1.10 per bushel; No. 2 Reeside, secretary of the Equitable |osden & Co. % mw wn 2w Market Opened Firm, But e o mitise to umdertane. the eres. |CrucibloSteel. ... 6% 6% o% Gs% i y (ot gt ama Eows e a3 {5 =, . ol 1 Bervie new) tion ‘of 'a building to house the va- | Cubaf-AmIuERr- 3 1 4 0| Gradually Softened to an [gie St G rious financial organizations of the city Cuba Cane Su pf. Citles Cervice pfd. generally, and especially the District (olumbian Emerald Pt Del Lack & Wstn.. 102, Easier Closing. Commonwesith Finance B bioct ior broached by Mr. | Endicott-Johnson. €14 625 61 61% c g meoiidated_Copper - Larner, in his address following his |Erie.... 1% 1% 13%| NEW YORK, September 8.—Resist- | (ontinental Motors R SestianntG $Hal Bxeatdoncy/at e aut Pletawt 19% 19% 19%|ance to the recent upward movement Davis Daiy convention of the bankers’ association | Erie pf.. . Domin] at White Sulphur Springs, as “one of | Famous Players. 57% 6% o7 |0 the stock market, continued for|juraut Motors the ambitions which he hoped to see | Famous Players 9% T9% 79% |over a week, was in evl.danca with the ;El; I!:“,l!‘.m;d" realized, or at least started, during his | Fed Mines & Spf.. 2% 2% 2% 2% |opening this morning, with evidences | ;iblC ' " Peirolenm St tion s Fisher Body...... 8 8 8 8 |of pressure on Mexican Petroleum, |Eurcka Croesu ® 8 W+ | for ready refer- l i |/ ence—thismeaty booklet explains —whatconstitutesgood brokerage service o REE Fa B8EBaRoarand, FF acnubRBe cnattlalionunsi bl Mr. Reeside Is one of the leading | Fisk Rubber. Farrell Coal = western export, spot, 1.16% per 1; o ihes et Do sp | e AspRAIE. St;d::”:"mmd M:nmfl(:n ::f‘;teel H R W e T e e e —market terms and \ of the National Métrogolitan Bank |Gen Clgar. .. aldwin motive, Crucible | E on % 2 e 285 /138 .| Hay—Receipts of new hay yester- ’ i ana ‘also & director and % member of | Gon SIEAT Pan-American Petroleum, General As- | Giuad Oil o, % g4%| Butter—Creamery fancy. pound. 42| oy crd 5o RO There’s a Reason— definitions the executive committee of the Wash- | Gan Motors. 11 ted 88 i 2 k. Official grading inspection of new hay —and th en Mo phalt and some of the ralls presente dles, 30a32; rolls, 26a30; storepacked, and many other ington Loan and Trust Company. He|Gen Motors pf.... 644 64% 64% 6% o e % lg 25826 dairy prints, 28a80; process bute has begun on this market and receipts S hich il >l have ithe selectioniaf hisiastos| o Motex deb - % (@% als ap|S ISR BIOCE SOEE o 4% | ter. 33a35. : ; ieon” Sheady Improvement in con 1l —for everything, and auto- O e The new chalrman has not had sut- | Gen Mot 1% deb... 24 2% T2l T2% S RearsLware me 9| CHICAGO, September 8—Butter,|jight mixed hay selling at 16.00 to A 5 elp you in your flclent time to give much theusht to | Goodrich 32 33 S1% 81%|their efforts, however, and the mar- 108 ‘;“ hlsher; creamery extras, 40; stand-|30.00 per ton. : mobile insurance is no excep- stock market the problem that he and his commit, | Gray & D 12% 1% 12 12 |ket strengtnened before noon, Bald- 18] 20" |ards, 36%; firsts, 33%a38%; seconds,| Straw—No. 1 straight rye, nominal: || ¢ion. In its many forms it tee will have to solve. He under-|GreatNorthernpf. & % 7% 7% wl;: L?comodllvn “mn‘hme:u“ 'h'm; n i nin, S D ey O N?‘. 2, straight rye, nominal; No. 1 s y stands that the erection of a perma-|Great Nor Ore. 28% 8% 28 23 |& 2-pol 1;!. alvamio on zu::' re‘:\xtmt:_ o = c"su- n ged; pts, 6, wheat, 13.00; No. 1 oat, 14.50a15.00. meets the need for protection nent building for the bankers at this|GuantanamoSug.. T T4 W% T4 |payments for looomo y h B |0en i ry_Alive, higher; fowls, 15a26;| CHICAGO, September 8.—Weakness g time. may be a little too much to ex- | Gulf States Steel.. 384 i8!s 36% 36% - 2 bt 18% | orings. 26, b, g J *|in cotton at the close vesterday and against loss. pect, but hopes that the committee | Haskell & Barker. 5i% b51% 6% 6% Weaker in Aftermoon. Mason Valley . 1 lzz 'prings, 26. at the opening today resulted in ra- 5 A bligasi will be able to at least house the as- | Hendee Mfg 5 1 1 The market reversed itself in the [Merrit Oll ...... G ;5 CHICAGO LIVE STOCK MARKET. |ther seneral selling of wheat at the . given withour obligation. sociation, the Clearing House, Stock |Houston Oil 49% 49 49%|afternoon. when Studebaker and the | Midwest Ol com. H b CHICAGO, September S—Cattle | LAt f trading on the board of trade Let us explain to you in Ask for UU-486 Exchange and the local chapter Insti- | Hupp Motors. . 1% 1% 104 10% | lower-priced motor stocks reacted.’|3IQVest G ghing 120 a0 |, O 000; Tenvy beef. !»——Cl“" e i:|foday. with prices off 1a3i cents| ” B tute of Banking, under one roof. He | Hydraulic Steel. 8 84 8 8 [Mexican Petroleum, Atlantic Gulf, | 3w ‘Producers 71 8 |hecelpts, 8,000; heavy from yesterday's finish, with May detail the various forms of ! Alsoask for latest news on ‘will hold several consultations within | Jllinois Central. %% 95% 954 95% | Ametican Sugar and United Drug also = g fl leading. Trading was fairly active il 5 i = e Sollows ge next fewldnf)';pnd then announce | Indiahoma. e B 4 ch|Were very lv:,e:vy, the latter repeating 2% i% :n;og‘;kéeh::l‘:l‘s;:yl;;l;ld&n ffi‘:'firé’fl" antomobile insurance, and Stocks you are following. o persanuel of his commitioe. Inspiration. 84 3 % |, o, Northern Pacific and Utah 17 19 |bulk fat' cows and heifers, September opened at 1.27%; Decem-|| issue you a policy that will No Call for Cash. Interboro Metro... 2% 2% 24 24| Copper dropped 1 to 2 points, while [ North Amer. B 2% 3% lcanners and cutters, 2.50a3.50; ber, at 1.30% to 1.81%, and May, at E 9 The morning passed without a call | Interboro Metpf.. 84 84 &% 84 |United States Rubber and Kelly- | Sorthwosters OF 8 & |bolognas, 3.7524.25; beef bulls mostly. | 1.36% to 1.37%. give you adequate protection BALTIMORE OFFICE for cash from Secretary Mellon, or a zuAsrl Chempt. 87 87 81 8 |Springfleld were the only issues to|pennok ON 31 4 |4.50a5.50; veal calves weak to 25| The market rallied slightly toward i h call for a statement from Controller | [ntl Cement....... 23% 23% 28% 234 (show consistent strength. Perfection Tife . £ 80 |cents lower; bulk, 12.50a13.00; Heavy |the end of the first hour, when prices in the event of a loss. Crissinger. Intl Harvester.... 79% 80 K K . In the final hour oils, equipments, nd Refiners’ : :“ calves uneven, sharply lowe stock- | were only quarter a cent off last The Treasury has a credit of $172,- | Int|Mer Marine... 10 10 10 10 {Royal Dutch, General Electric, Har- ] 1% |ers and feeders steady. night’s finish. 000,000 with the national banks aris- | Inu Mer Marinepf 45 45 4% 444 | vester, Sumatra Tobacco and Vir- 18 22 Hogs—Receipts, 18,000 head; mar-| Corn opened % to % cent lower, || - SR R RS I RS I L L e e % ket falniy actine; apmely, 2030 MIER: | mUR SoBiSmom ey ks o || B. F. SAUL CO ugust 1. Nickel. . 13% 14 18% i losing. ulk of sales, 6.90a9.00; top, 9.15; $ to an ay a 0 5 . "fl\'idénlly few of the maturing cer- i::: P:s:(;leer 45° - 4% l‘: % —_— :“ lg* heavy weight, 7.85a8.9 medium T;Aere “:ms a :mallbsl'.lln[l’l: dlrecl:|{ i tificates, payable on bef vi . welght, 8.65a9.15; light weight, 8.65a | after e opening, bu e marke! w 15 instant, will be Brcscnteaiins the) Snclol o e % | Washington Stock Exchange. Feid :5 T iane “Yient, 150885 heave rallied when fair buying d!e‘.vglnpgdi‘Al‘ Automobile interest, 6 per cent and % 2 cking sows, smooth, 6.75a7. ck- | hour after e opening e markel s sutficiently attractive 13 heep the |Jewel Tea o B e L ot oy R e e g S 80a1.00; pigs. 775 | was only n shade off laat nights fin-| 934 N. ‘4 certificates locked D he | Jewel Teu pf. 88 38% 82K 3.4 | Georgetown Gas 5s—$1,000 at 7835, $1,000 at Pttt el PO B D L I ) fsh and displayed steadiness. . 1. Ave. N.W. | ed up another week. |J9nes Tea.. W B e | ABINEETE | L e i K “Sheep—Receipts, 20,000 head; fat| Oats Were off at the start (n sym- D. R. Crisisnger on New Banks. Kansas City Sou.. 26 26 264 254 |, g135 $1.000 134, $1.000 at 613, $1,000 1218, 2% | 1ambs fully 25 cents higher; top west- | pathy with other grains, opening % : Taeonorat : = Kansas CSoupf.. 5% G614 B61% bI% |at 61ia. $1,000 at 6143 U 3% 2%5| erns, 9.25; top natives to city butch. |t % cent lower, with September at e e et el o T ULCR MK SO | Siremass Blsetiic et mip foe $100| DIATYE 1y 00; packera top, 5.50; culls large. | 3%, December at 39 and May at 43%. e controller of the currency, D. R.|Kelsey Wheel..... 53 4 e Bat Bhari 1% 1516 50: 'nd_ fe They also rallled and prices were Crissinger, has this to say: Kennecott. 19% 9% hington Railway and Eleetric pta. — 23| Uniied Jrse ooni, .zz;‘ 2 VB D0 Tt musop dug) Tesder lambalscon unchanged to & shade above last y There are too many hanks Tast|KevstonoTire % e 1 2% |"wamingios Gaet at 4t 1 v are. |05 sl 24 % [3.5024.25; best feeder lambs late yes- [BIGhtS fimish. year fifty-two applications for na- | Lackawa o o : AFTER CALL: g United Te 127 16 |terday 7.25. - 11t d stop ord: ou tional banks were voluntarily aban. |Lee Tire& Rubber 2% % 6% %1 oy ion Gas Sy $500 o2 78! Warren Bros. tie L8 tree local selling and stop orders. Some, S were anoranen Mea m | Lomigh Vailey: - G me G | Jaslirien 03 0SO0MTR, o o | AR i g g TERIT o Mg lox oom ty-one rejected. Liggett & Myrs pf.101% 101% 101% 101% | at 1023 x::ml_n“mnn- /] A LONDON BANK STATEMENT. Shntember (15 Ing IR 138 5 “It is unaccountable in times of |Lima Locomotive. 6 68 65 65 | Moncy—Call loans, 5%e6%%. 1CAGO— LONDON, September 8—The weekly | *GoRx.—- : Could you knock off business for a while if your great stress, of financial upheaval, | LoewsInc..... 1B% UM% 1B U% Bid and Asked Prices Armour Lea 121% 124 {statement of the Bank of England |September B4 55 B3% B4% o ol y that thWere should be so many appli- | Loft Inc.. 9 % 9 9% 83 84" Ishows the following changes: December B4% 55% B4 55% health demanded it? Or, would the financial worry cations for new banks and so many |Manhattan Elev... &0 40 40 40 BONDS e ns 2 Total reserve increased £458,000, cir- | OATS— = Ty e % 3 (S s 5 ToogoPosed capltailzation under | Manapd O oo S 7 W B | T etner securities ine | Dot =i &f &% D) cntailed in such a case be worse than the old grind .000. T 3 1071, 2 Y —————— P . . . o Apropos—a new savings bank, at|Martin-Parry u Swite & Co 8 oa1s |creased £27.000. other deposits in- itself? Wise investment is the answer to that situa- Thomas Cirtle, south side, is sald to | May Dept Sto -,, Union Ox 8% |creased £17,765,000, public deposits in- MONEY AND EXCHANGE. s qras ; 5 be getting ready to open for business. | Maxwell (B). 8% e creased £1,679,000, notes reserve in-! NEW YORK, September 8.—Prime tion and we call your attention to our First Mortgage ere are two coming in in Wood- creased £459.000, government securi- | mercantile paper, 6a6%; exchange ir- i : A ridge. Miami Gopper. ... 20 Anscovtivnnd oiomaciter VIOLENT FLUCTUATIONS |fics tncreasea £18.345.000. e e Coray bile ana|| Notes on improved property in Washington, D. C. Loeal Securities. Aididle States Oll. 12 12% 1% 12 |0 &nd P. Telephons Goressrres ‘The proportion of the bank’s reserve [ commercial 60-day bills on banks, ——— le Stool ... 24 28 4 24 |Capital Traction 5 CONTINUE IN COTTON |biiity this week is 13.08 per cent;|3.6s; commercial 60-day bills, 3.67%: 7 Bonds were in active demand at|MidvaleSteel- ... 3¢ 21 T B | City and Suburben os. last ‘week it was 14.60 per cent. demand, 3.72%; cables, 3.72%. Francs, 3% to 743 for Georgetown Gas 5s, a | Minn &StL () .- 07 0L G g |Georsetown Gas 1st 5a NEW YORK, September 8.—Cottori| Rate of discount, 6% per cent. demand, 7.62; cables, 7.62%. Belgian Euin of 414 points in & week: 61% for |Minn StP & SSI W% 0% e 69 | Neimueili 1k R e —_— " |france, aemand, 6w cavien 1421l Swartzell, Rheem & H Co Railway 4s, 7812 for Washington Gas | Mo Kan & Tex p. 19% 19% 10% 191 |Potomac Eiectric cons. oke B9 Guilders, demand, 31.64; cables, 31.70. m’ey J s, 961z for Potomac general 6s, and | Mo Pacific.. today due to overnight selling orders BAR SILVER QUOTATIONS. 37: 102 for the 7% per cent gas notes. | Mo Pacific pf. i 8! Lire, demand, 4.37; cables, 4.37%. and the continued weakness in Liver-| NEW YORK, September 8.—Bar sil- | Marks, demand, 1.00%; cables, 1.01. Potomae Electric Power 6 727 15th Street N.W. = Montgomery 1% 19% ver, domestic, 99%; forelgn, 63%;|Greece, demand, 5.62. Sweden, de- WIIl Elucidate Banking. Mullins Body..... 18 18 ool October dropped to 18 cents, but | yrozioan gollars, 49. mand, 21.60. Norway, demand, 13.05, & 1o TS, Jiajian colony in Washington |Naul Cloak & Suii: 2 & heavy rebuying advanced prices about | TONDON, September 8—Bar silver, | Argentine, demand, 30.76. Brasiitan, Washington, D. C. ree course of educa- | Natl Enameling... 3% 8 ing levels. The [88% pence per ounce; money, 2% per|demand, 12.75. Montreal, 10 7-1 tion in modern financial methods, ac- | Natl Laad ... wh % ° ‘;""‘": e "';:,”n.n‘“:, bought | cent. Discount rates, short bills, ¢ per cent discount. $ivec The Nation’s Home Town cording to announcemet made today|Nat]l RysofM2d.. 4 % trade and New ean! cent; three-month bills, 43§ per cent. _— e ith by Col M. A. Winter, chairman of the | Noyada Copper.... 10% 10% 10% 10% | Riggs Realty 56 (abort) .. P freely on the enrly break. 52 Years Without Loss to an Investor recontiy formed Roman Trust Com-|NeVOrTex oM., @ & 6 & |WinglonMarerle il B 11306 ain. bids. October, 18.8; Des *——*—“ L SITTSBURGE. September § (Spe- any. Vi $ton Market 194 3 P iy rarm of locus! as cial).—Tin e demand is inc: - Vg Public meetings will be arranged |N Y Air Brake. 61 B0% 0% | ™y "Cold Storage Bs. [ cember, 18.97; January, i March, | A ST cean, 1,200 56 o to alight on a ship In midocean, 1,200 | Ing. with the quotstion at a base ot | SRRy, o tpany, miles from land. NEW ORLEANS, September 8.—Vio- lent fluctuations continued in the cotton market today and on the opening prices were lower by 141 to 200 Dolnt.:i October sinking to 17.40 cents a poun and March to 18.59, underselling caus- ed by the exceedingly unfavorable showing of the Liverpool market. New buying met the decline and partial re- coveries occurred, so that ht the end of the nnht hour °it9bt“":1.4 -p (\".::;t:r::- ing months were 0 - deE yesterday’s close, With October at 18.50 and March at 18.81. The market fluctuated rapidly in moderately wide recoveries and set- backs, at one time getting back to within 71 to 76 points of yesterday's and addresseés will be made by Bruno | N ¥ Central.. Bagnoli, late secretary to m:: naval |N ¥ Chi & St L. attache of the Itallan embassy; A.|NYChi&StL Mistretta and others. NYNH & Hart. This is the first intimation of the|NY Ont & West... 18% change in the name of the trust com- [ Norfolk & Westrn. 8% pany. originally referred to as the|North America. ... 36% Bankers Trust and Mortgage. North America pf. 8% Northern Pacific.. 6% PARIS BOURSE PRICES. Nova Scotia Steel. 25% ma Prod... 1% PARIS, September 8.—Prices moved gkidno irregularly on the bourse today. Three per cent rentes, 56 francs 50 centimes; exchange on London, 48 framcs 66 centlmes; 5 per cent loan, 81 francs 45 centimes. The dollar was quoted @t 13 francs 2 centimes. The cost of making a Pierce-Arrow lessens the cost of running it. Columbia National Bank 911 F Street =, Lincoln 48 50 48 5 5 e toa s s m:" Mstrovitsn < Pan-Am Pete . " 4 43 Becond . 3% 36% 38 383 | Washington FOREIGN BONDS. L Bt e B e TRUBT COMPANY. Sloss T which oarriee fostaber o] . 3 'enn Seal . s ‘owal o'clock prices . Quotations furnistied by W. B, Hibbs & Co. | People's Gas. 6% B6% G6% 8% | AmSrican Securltyand Trust.. 213 235 | Cints off from these high levels, with HE counsel of experi- . Ehila Company. - 201 i %fi?:;’::-‘%&;u:u byv:hr: Sarger 4 enced bankers is of Phillips Petroleum 2% 2% 224 27" | ginning returns than expected in the| §|' inestimalle. valus FlorcoAtrow pi.. % Wk 1B B ooy hoon i 4o the. Arst of 8 Plerce-Arrow pf F of 481, D Bicrce Oil. - % TH 1% Merchant September was well above general ex- in lwlp.b.;‘ zl.w business Dresden 413s. Plerce Oil pf. 5% 45% % 4% | Becurit 208 pectations. : 2.38; De- man utilize his resources Duesseldort” 4s. Pitts Coal % 6% 1% Beventh Street 11 a.m. bids: ogmu:,. .13: : 7 puuhwv:!.él; % 2 n* cember, 18.84 Jlnm .80; March, to best MMO_ Pressed Ste .85 85 B 5 0 Hamburg PUIIMAN Co...r-.- 9% 8% 98% 2 2 {l 4s a depositor of ours, s Pl D e you will have our fund of ex- ure Oil. . = | 1 g:n:;l;; St.l Spr. :u 4 :fi 2 ) CHASSIS PRICES g.erl:nce completely at your nd Mines. ... isposal. German gov. 34, 10 R I -2tom $3200 334-ton $4350 5-ton $4850 [ Officers invite conference. ; Seuan aev/ Bifs 19% DN Reading Istpf.... # &% & - ; TRA G OF CREDIT ——— ggnd‘(:‘ 2dpf..... & : g co. AW \VELERS’ CHECKS, ERS loes. emington § e e s b ol i e o .—The potato crop of s _state [ron Tili ‘be slightly below normal this RepIron&Stipf.. @ 8 & J Belfimore Braath-421) Catusioad P oo 3 %(':o:ofl-d”-l-te:u o -Awo-’“-fi 81 % " e condition of e crop in | Royal Dutch. . 1% 8 . : y the remainder of New England is re- | St Joseph Lead. u“: lla : i this convenient as fittleas ported fair to good, »