Evening Star Newspaper, September 9, 1921, Page 23

. Amer. Tel. and Tel., 47 " BANKERS APPROVE | OF NEW FIANEEG Believe Notes ardl Certifi: cates Will Sell Readily at Reduceid Interest. BY I A. FLEMING. The public generally and bankers as well ‘gere prepared for the an- nouncement made this morning by Secretary Mellon regarding certifi- cate and note issues. At the banks there was the usual €arly call of investors to enter sub- scriptions, and many holders of Treasury obligations maturing on the 15th instant. gave orders for replac- ing their investments in the new se- curities. The reduced rates of interest made To difference whatever in the minds "+ of investors, and while the total sub- scription may not be as large as that for the August 1 issue of Treasury certificates, it is believed the entire amount offered by the Treasury will be_readily absorbed. ‘With call money offered at 5 per cent, extending into next week, the 6% per cent three-year mnotes are especially attractive to conservative investors. July and August showed a net defl <it in government finances of $161,- 464,774, The Treasury had a credit with the national banks of the country this morning of $172.000.000. The Riges National Bank wired its order for customers and for the bank itself for $3.350.000 of the new issue, chiefly the three-year note: The June 15 issues of government Securities, part notes and part cer- tificates, aggregate $625,000,000. Controller's Call. The long expected call by the con- « troller of the currency, for a state- ment of condition of all banks in the District and of all nationla banks in the country was received this morn- ing, the date sat being at the close of business September 6. This allowed the banks to gather in the interest and dividend payments of September 1, and in a measure re- cuperated their losses in deposits. « Final compilation will be made in due time ‘and no attempt to predict either gains or losses in this column. Suffice it to say that the gloomy pre- dictions of severe losses made by bank representatives with inside knowledge of reductions in govern- ment employes, etc., have not been realized. Some banks have no doubt sustained heavy losses in deposits, the natural result of government financing, for there have been heavy sales of certificates since the date of the last previous call, June 30, although but one issue was put out, that of August 1, and it is from the proceeds of this sale that the Treasury still has a large credit with the national bank: It will require the final figures to in- dicate with any degree of correctness Whether the deposits of September 6 will show much loss or gain in com- parison with those of June 30. The chances are that there will be a loss, though many banks will re- port gains. Conference Ended. The conference of the “blue sky law” committee of the Investment Bankers' Association has adjourned sine die. The members of the committee ex- pected to discuss legislation in the mat- ter with members of Congress, but did not change their date when Congress adjourned. Theré was considerable +of opinion among t garding “blue law that its meeting here Ppotential results. Loeal Bonds Firm. Local bonds continue to move free- 1y at the da ssions of the Wash- ington Stock Exchange. Prices today were firm at 94 for Railway general 6s. 6112 for Railway 4s and 1021 for | 2 per cent notes. e of Capital Traction was made indicating improved strength. Personal Mention. Francis M. Savage, president of the Northwestern Savings Bank. who has spent the summer at Three Hills, near ‘Warm Springs, Va. has returned to Three Hills is the home of | Mary Johnson, the author. —_— Washington Stock Exchange. SALES. —IL.000 at 1023 ’ difference committee re- legislation, so was without A s at 87, ‘Washington Gas Washington Rw: at 61 G, S 115, $1.000 at 611 at 613, $1.000 at 6115, $1,000 at 61%. Whsh. - Rwy. and FElec. 63—$1.000 at 94, 1 $1.000 at 94, $1,000 at 94, $1.000 at 94, $1,000 FINANCIAL NEW YORK STOCK EXCHANGE Received by Private Wire Open. High. Low. Close. Adv Rumley. Air Reduction. Ajax Rubber. Alaska Juno. Allied Chemical. Ailis Chalmers. Am Agr Chem. Am Agr Chem pf Am Bank Note. . Am Beet Sugar Am Bosch. Am Can. Am Can pt Am Car & Fdy.... Am Car & Fdy pf. Am Chicle Co. Am Cotton Ofl pf.. 45% Am Hide & Lea.... 9% Am Hide & Lea pf. 9% Am International. 30% Am Linseed. Am Locomotive Am Loco pf. Am Safety Razor Am Ship & Com Am Smelting. Am Smelting pf {Am Steel Fdy. Am Sugar. Am Sugar pf. Am Sumatra. Am Tel & Teleg. Am Tobacco. ..... Am Tobacco (B).. 123% Am Woolen. . % Anaconda......... $T% Atchison. .. . 8% Atlanta Bir & Atl. 2 Atlantic Fruit Co.. &% Atlantic Gulf. 2% Atlantic Gulf pf... 22 Atlantic Petrol... 10% Austin Nichols.... 9% Auto Sales. . Baldwin Loco Balto & Ohio. Balto & Ohio pt Barnsdall (B).. Beth Steel. Beth Steel (B). Bklyn Rapid Trn Brunswick Term Burns Bros. ...... Butte Copper- ... .. Butte & Superior Butterick. Caddo Oil 2 California Pckg. .. 62% California Petrol.. 6 California Pete pf. 4% Canadian Pacific. . 112% Central Leather. .. 2i% Central Leather pf Cerro de Pasco. Chandler Motor Ches & Ohio. . Chi Great West Chi Great W pf.. Chi Mil & St Paul Chi Mil & St P pf.. 39m Chi & Northwn.... 68 Chi & Northwn pf. 104 Chi Pneu Tool. ... 62 Chi R1 & Pacific.. 2% ChiRI&P 6%pf.. 65% ChiRI& P 7% pf.. 6% Chile Copper 10% Chino Copper. 23% Coca-Cola. 4% Colo Fuel 2% Columbia Gas. 58 Columbia Graph.. 8% Columbia Grph pf. 13 Cons Distributors. 4% Cons Cigar pf..... 68 ConsGasof NY... §1% ConsIntlCalMin. 4% Cons Textile 1% ContCan. ... w Corn Products % Corn Products pf.. 101 Cosden & Co...... 5% Crucible Steel. 58% Cuban-Am Sugar.. 13% Cuba Cane Sugar.. 7% Cuba Cane Supf.. 1 Del & Hudson. Del Lack & Wstn. Dome Mines. . Elk Horn Coal Erie. Erie 1st pf..... Endicott-Johnson. Endicott-John pf. Famous Players Famous Players pi Fisher Body...... Fisher Body pf. Fisk Rubber. Gen Asphalt. . Gen Cigar Gen Electric. Gen Motors Gen Motors pf. Gen Mot €% deb. ... Great Northern pf. Great Nor Ore. Greene-Canane: Guantanamo Suj Gulf States Steel. . Haskell & Barker. Hendee Mfg. Houston Oil. Hupp Motors. Illinois Central. Indizhoma. . Inspiration Interboro Metro. Interboro Met pf. . Intl Agrl Chem pf. Intl Cement. 12% 30% . 0% 1% 8 3% 35% 5% 127 108% 1 3% 8% 4% 13 2% 10 62 2% 5% % ™ 16% 25% i Intl Harvester. Intl Mer Marine. .. Intl Mer Marine pf at'94. Capital Tracti. Mergenthaler—1 Wash. Rwy. pfi. Mouey—Cali loans, Bid and Asked Prices BONDS PUBLIC UTILITY. American Tel. and Tel. 41s. Am. Tel. 4 Tel. elt. trst. American Tel. aud Tel. conv Anacostia and Potomac 5s. Anacostia, Potomac guar. 5 and P. Telephone 3s. Capital Trac S8 City and Suburban 5 Georgetown Gas 1st Metropoli Potomac Electric Power ¢ Potomac Elec. Pow. g. s - . and Mt Ve Washington Washington Wash. Kwy. ‘Wash. Rwy. Riggs Realty 5s (siwrt) . Washington Market 5s, 1027 Washington Market 3s 1947 W. M. Cold Storuge x.. STOCKS PUBLIC UTILITY. American Tel. and Tel. Capital Traction Washington Gas . Distriet Farmers Federal Liberty Lincoln . National Metropolitan » American Security and Trust Continental Trust ..... National Savings and Trust. Union Trust .. Washington Loan Commerce and Savings. East Washington Merchants’ Security Saving: Seventh Street Union Savings . 8. Savings ¥ ton Mechanics' | Washington FIRE INSURAY Amertcan .. Arlington Fire Tusurance Coreoran . Firemen's National Union Columbia Tiile . Real Estate Title MISCELLANEOUS. Columbia Graphophone com. 3% 4 D. C. Paper Mfg. Co. (i ian Lanstcn Monotype (i 74 Merchants' Transfer and Storage ..... 115 Mergenthaler Linotsue ........*i17% 119 014 Dutch Market com. 3 6 01 Duteh Market pfd. 7 1 Security Storage - 210 essen Washington Market, B % *Ex-dividend. —_— Hot weather will frequently cause «clocks and watches long out of use The heat melts to start working. the old oil which has hardened and slogged the bearings. Intl Motor Truck. . Intl NicKel..... Intl Paper........ Intl Paper (sta)... Invincible O Island Oil. .. Jewel Tea Jones Tea ansas City Sou.. 25% Kelly-Spring Tire. 40% Kelsey Wheel..... 60% Kennecott. 19% Keystone Tire.... 12% Lackawanna Steel 83% Lee Tire & Rubber 25% Lehigh Valley.... 52% Liggett & Myrs pf. 102 Loews Inc - u% Loft Inc. - 9% Louis & Nash 109 Mallinson & Co.... 18 Manati Sugar..... 26 Manhattan Elev... 6% Market St Ry pr pt 28% Marland Oil 1% Maxwell (B) Mexican Pete. Miami Copper. Midldle States Oil. 11% Midvale Steel..... 24 Minn &StL(m)... % Minn StP&SSM. 6 Min St P & SSM pf. 87 Mo Kan & Tex. Mo Kan & Tex pf.. Mo Pacific. ... Mo Pacific pf. Montgomery Ward 18 Natl Acme. 7. Natl Cloak & Suit. Natl Cloak & S pf. Natl Enameling. Natl Lead. .. Natl Lead pf...... Natl Rys of M 2d... Nevada Copper-. ... New Or Tex & M N Y Air Brake. N ¥ Central NYChi&StL.... Y Chi & St L 2d. N Y Dock.. : NYNH& Hart. .. N Y Ont & West... North America. . .. North Ameriéa pf. Norfolk & Westrn. Northern Pacific. . Oklahoma Prod. .. Orpheum Circuit. . Otis Steel. Owens Bottle. .... Pac Development. Pac Gas & Elec. Pacific Oil. Pac Tel & Tel. .. Pan-Am Pete. ... Pan-Am Pete (B). Pennsylvania. Penn Seabd Steel. . People’s Gas. . Pere Marquette. .. Phila Company. Phillips Petroleum Plerce-Arrow..... Pierce-Arrow pf.. Pierce Oil... . Plerce Oil pf...... 0% 20 Pitts Coal. . Pitts & W Va. Pressed Steel Car. Pullman Co... . Punta Alegre Sug. Pure Oil. Ray Con Copper.... 12% 12% 30% 20% 1% 8% 3% Direct to The Star Office. ANeow puiers TODAY’S BOND PRICES. reported to The Btar over direct | Southern Raflway gen. 48 New York-Washington wire by Hedmond, & Co. | Southern Railway 5s Pij National Trans New Yorl Co. 3 * pes. Low. Close. | City of Paris 6y 192 99 15-10| Union Pacific 15t 4 1% 2% | Ratway Stispr... e st g se. | Ereach Goverat Taton Pacific conv: : 1"’}32 0% 30% | Re: of Bwitserl Unfon Pacifc Gs. 1928, o ading. 68% 9% 68 9% | gyncuonos 5 foiteer United States Rubber 13 L% 2 |RemingtonTyDe.. 23 2% 23%. 24% | United Kiogdoe 648 1921 Tnited States Rubber 7348 fi,, 1% 1% | Replogle Steel. . Tnit = United Btates Bteel 8. F. b8. 2% 2% 2% % United Kingdom Bigs 1922 d H * 3% Replron & Steel.. 414 49% 4714 9% | United Kingdom Sils 1059, Yacunm Ofl Corp. ‘Tsiasee. .. 2 32% 3% |Replron & Stipf.. a4 8% 844 8¢ | United Kin O¥s 1037....... MR TR o7 % 3 | Rob Motor Truck. 8% &W 84 e e Tl comv O 3 > i e he|RoyalDutch...... &' 80W 9% 80K | Aicisen, Topeks Snd Hanta Fo' sen SHORT-TERM SECURITIES. 0% StL&SanFran... ;W 34 5% Atlantic Coast Line 1 (Reported by Redmond & C0.) 29% St Louls Southwn. 25% 5% 36% Atlantie Reflning Co. 634w 1981 Bid. Asked, 3% 884 |Seaboard ALDf... oW 10W W Atlas Powder Co. Tis 1936. | American Tel. & Tel. 0s 1922.. 904 0% 26% 26% | Sears Roebuck..., 1% 69 ef Paltimers and Ohio couv. 4% Amerjcan Tel. & Tel, 65 1034.. U8 e %% 8% Seneca Copper...? 114 1M 174 Batimors S Ohin % W i i i Ameriean Thread, €%, 3 1oms.: 100 177 130K | Shattuck-Arisona. 6% ¢4 i Rethlehem Btea) refd, O .-r Ameriean Tobacco Co. T8 1932 10000 18 Sirclair Ofl. ... 19w W 1% Burllngton (N P-g. N, Anaconda Copper, tn 1020. .10 80 088! . n e -Al e on s . % el i Central Leatht Ba A o "o 1080 9% S “eo ™ Central Pacifio = Rethlehem Steel 7a 192: o] outhern Rallway. 20% 21 0% Chesapeake and Ohlo cone. 43 Ttethlehem Bteel 7n 193! Southern Ry pf. a7 U Chesapeake and Oblo gen. Canadian Pacific 6 102 m gganfl-rd Milling Chesapeake and Ohlo catral Arguntine 6 1937 104 Stand OII N J pf. Chicego T:;tll:‘wuur: LR ) of Ney York 11821 5 Chl., Rock Island and Pacifie refdg. 4. . :;: g:ewl;l-W.rnar Chica ml:mon m.;wn [T Prd Copper Bt . romberg Carb. Cony ted Gas 7o, i 5% Studebaker o Delaware and Hudwon 7o’ 3080, ConnereMsporkl o Studebaker pf. [ anne a Il 2 B, ¥, dondrici Tu' 1925 % q“:" lor Ol toodyear Tire und Rubber Co. 83 1941 'xxx"'.'v Ok Corporation) @4 89 | Superiar Stoont: Gireat Nothorn o 'igG Hocking Valiey 08 % a% | Tonn Coppac) Ilinols Central 8% iHumble 04 Tn 1023 1074 ODRSE oo Internatinal Mercantile Kernecott iopper u cific 123% 125 | Texas& PC 7% 7% | Third Avenug. Mimoyrt’ Pacific 3% 5T%| Tobaceo Proa. . Now York Coniral deb. bor 84 Tol St L & Westn ow York Telephorie 6n . F e O e, ns Contl Of1 r and Western conv. 4s. » 2 Trans Contl folk and W h Southwestern_Bell 7a 1 4% Transue & Wilms, Netiolk @nd IV eeterniconvAoe: Swift & Co. 7s 1923 7 5 Northe g ; :IEK & Union Oil. Packard Motgr Car Co. 84, 1081 Swift & L"i\" 100, 10088 10% United Drug. . Tennayivania I, M. 6is i930: Sioon doon rug. X . B, Western Electric 75 1925 2 9% m Penns Ts of 1930. 1% 102 b United Fruit. l,:“zm"‘- gon. ms ge 43 Westinghouse E. & M. 7y 1931.. 10! 5 ey | LIBERTY BOND CLOSING PRICES. 7% % Ban Francisco 6e 1929, NEW YORK, September 9.—Liberty 51% TS Cast Iron P pf. 421 d 8an Francixco inc. 6. bonds closed; Sus, dsr.z‘s- frst 45, s7.90; 1% U S Express S second 4s, 87. id; firs 4s, 87.94; ® U'S Food Prod. Binclatr Cons. Ofl Corp. Tiés 1025 aecond B3 e a7 94, fi bl LA B -51 US Indus Aleohol. soy Sonchara Earine 1atrar o fourth 41,5, 88.08; victory 3%s, 93.04; 10% U S Realty L thern Pacific co victory 4%s, 99. 3% US Rubber. % e | SRuRer Grain, Produce and, Live Stock £ USSmelt Retpr.. 3 ram, rroduce and, ! 7 S Steel -9 2 : A% U S Steel 3 GRAIN AND PROVISIONS. LOCAL WHOLESALE MARKET. pf. 109% 0: 10 Utah Copper- T BALTIMORE, September 9 (Special).| Eggs—Strictly fresh, per doz, 40; 62% Vanadium Corp. —Potatoes, white, bushel, 1.76a2.00;|average receipts, 38. : 6 Va-Car Chem. 100 pounds, 2.26a2.50; Nos. 5 and 3. 502 | Live poultry—Roosters, per lb., 18 4% Vivadou. 1.25; sweets, barrel, 2.50a3.50. Yams,|turieys, per 1b, 33a35; chickens, n1% Wabash pf A 2.00a2.60. Beans, bushel, 40a90. Beets. | shrint “per 1b., 33a33: hens, per Ib. 2% WesternMd... ... gy bunch, 2a3, ‘Cabbage, head, 4a8. Car- | 25a28; keats, youns, each, 35a50. s Western Pacific.’. 21 3.00) Corn,’ dozen, 6a18. Cucumbers,| Dressed poultry—Fresh killed spring stern Union.... g3 basket, 40a50. Eggplants, basket, 20. | Shickens, per b, 34a36; hens, De 45% Westhse Air Brke. 82 Lettuce, bushel, 50a1.00. 28a30; roosters, per Ib., 22; turkeys, pe 5;; vv;fif:h‘i}”fEkm‘ % Ll}rlm]\ beans, bushel. 75a1.00. Onlons, lhi' Riflflg kem: Wuf:f-:“:“; lIS = \White Motor...... 33 bushel, 1.50a1.75. Pebpers. basket, Pork—Dressed, small, per 1b., 15. 16% ‘White Oil. 8% a25. Squash, basket, 15a20. Tomatoes, | T,ve stock—Calves, choice, per Ib., 25% Wilson Company. . 5% basket, 36a70; bushel, 70. Apples, bar- | 11; lambs. ehoice. per. Ib., 10; live hogs, 39 Willys-Overland.. 6% rell, 2.50a4.50; bushel, 1.25a2.50. per Ib., 9. #; % €5 Willys-Ovld pf.... o8 Cantaloupes, basket, 75a1.00; crate, 3 o 104 5 1.25a2.24. Damsons, pound, 7a8. Grapes, | Green fruits—Apples, per bbl., 3.00a 5 WoolwartEr 12 common, basket, 1.50a1.75. Peaches. | 1050 bushel basket, 1.0023.50; . Worthington Pmp. ss% 0% 38 e basket L OIALI0S .50; Dper bushel basket, 1.00a3.50; i Worthington (B). 6 B9 69 Prars. Barete: b‘;‘éi'éi." fgg:xazz Western, per box, 3.50a5.80; Callforn'a o Seckels, 75a1.00: common, 50a75. | lemons, per box, 5.00a7.00: California b 3 Plums, bushel, 3.00a4.00. oranges, per_crate, 5.5026.00; peaches, Call Money. 5 B &% Watermelons, selects, per 100, 20.00a | per bushel, 3.00a4.00; cantaloupes, per ¥ e HOURLY SALES OF STOCKS, 30.00; primes, '8.00a12.00; culls, 4.00a | crate, 1.60a3.50. : 3 2 .00. Vegetables—Potatoes, new, No. 1, per % llam.... 118600 12m..... 218 40 Selling Prices at Noon. bbl., 5.0026.00; 50; No. 2 - .00; per sack,.4.0045.50; No. 2, C 1pm.... 3200 2pm....6%560 | wWheat—No. 1 red winter. spot, 140 |2.25a275; sweet potatock, per bbi., 3.000 3% ——— 1.5 per Bushel; No. 2 red winter, spot, 4.00; lettuce, nearby, per crate, Toal. 3 CURB STOCKS. 1.39; No. 2 red winter, garlicky, spot,|New York, crate, 1.50a2.00; celery, pe: e ' 129%. % * ®P% 1 doz; 50ais; romaine lettuce, 1.00a & Quotations furnished by W. B. Hibbe & Co. | ‘September wheat, 1.29% per bushel; | 1.50; cymblings, per crate, B0aibs mpins e October, 1.30% ; cargoes on grade; No. |ach. per bbl. 3.00a4.50; onions, pé O 2 red winter, garlicky, 1.27%; No. 3,iIb. Sack, 4.00a4.25; cabbage, 3.00a3.50 per 16% A e xpiosives 1.21%; No. 4, 1.16%; No. 5, 1.103/ |bbL. cucumbers, 1.00al.5 éggplants, per 3 i T crate, 75a1.50; tomatoes, per L, 15 88 Arknansas Sales—Cargo of No. 2 red wlmer.]:.ua; corn, 10a25; per dozen: beans, 2.50a e Paaretes - B ot At L per DU 00 per bhL® ltiwa boans. 10a39iDer 4t 101 ne - cargo of No. red winter, garlicky, |* > G ] Tioston and Wyeming: e &% . yellow. 3:60 and 3.65| CHICAGO LIVE STOCK MARKET. 12% o per barrel in car lots: contract corn,| CHICAGO, September 9 (United % spot, 66 track corn, yellow, No. 2 or'i&l;&sm:u:e::'la ot ;nl;::‘l-;)s—ce“lsl‘t’lee; ‘arib Syndicate better, domestic, 76; no sales. e , 2, ead; V. e Carib, Tradiog ... Oats—No. 2 white, new, 47a47%; No. |dull, steady: others strong to higher == o “g! and Power. 3 white, new, as to weight, 44a46%. |top yearlings, 10.60; bulk, 1.00)3 o0 ! Gltles Service {em) Rye—Bag lots of nearby rye, as to |she stock, steady to strong: bulk fal 3 Cities Service nido) quality. 100a1.10° per bushel:'No. 2|cows and heifers, 428a635; canners 1 X LT, t, 17, bushel; | and cutters, 2.50a3. ulls, strong to 1% Commonenlth, Finanés & Now 3, no quotation, | v per higher; bulk bolognas, 3.8524.25; beef 19% Consolidated Copper - % Hay—Receipts of new hay yester- |8rades. 4.50a5.50 mostiy; veal calves. 1% Continental Motors 5 day were 26 tons. steady: hea dull; ‘bulk vealers s8s Seates . There is a fair demand for the bet- |around 1250 to packers; stockers and 564 Dominion_Ofl 7 ter grade of new hay arriving in |fegders. S{le“d‘yi T e e 8% Durant Motors " 25 sound condition, with bulk of sales SR teealpts, 8 i 3 2| s1ow. mostiy 10 fo 25 higher: bulk of o £l Basin 3 within range of $16 to $20. Low-|Slow. mostly 10 to 25 higher: bulk of s b &rade hay hard to move even at sharp | yoighy. §.0029.00; medium weight, 8.1 9% Bureka Croesus 2 discounts, 9.25; ligh igh 5a9.25; 1ight & Farreil oo™ =3 Straw—No. 1 straight rye, nominal: | £3.20: tignt, wels ‘“y L ias aaaht Federal Oil I 2, straight. rye. nominal; No. 1 I i S Fensland o1 7 wheat, 13.00; No. 1 oat. 14.50a15.00. | 3mooth, 690eT.78 packing = sows. Gilliland Of1 . 13 s = 4 i . 94 CHICAGO, September 9.—Wheat| Sheep—Receipts, 19,000 head: fat Pt - gpened 1 to 2% cents lower on the |lambs, steady to 25 higher; bule fat 13 board of trade today, May showing |natives. early, £.50a8.75; two decks by 2% the most decline. A bearish construc- | come back westerns to city butchers, H tion placed on the government report. {9.50; western lambs, top, 9.50; bulk, 28 L% a which showed a larger yield of spring | 9.00 to 9.50; killers taking second cuts, 2 Intercontinental 81, International Petroleam ( 1015 wehat than was expected, had the de- | 7.50 down; fat sheep, scarce, strong. 7% Jerome Verde 16 pressing influence. Selling was rath- g Eay"Connty @ % er seneral at the start. but under 131 DAIRY MARKE' rpedo . for December there was & fair com-| BALTIMORE, September 9 (Spe- 16 ll‘,lfl:mfl.('rapflp::” mission house buying. December ad- | ¢1al).—Chickens—Alive, springers, per O Maracatbo Ol vanced upder this to around 1.32, when | pouna. 27a31: white leghorns, 25207, 10% Mason Valley 1y | other free selling by a local house|old hen: 5a28: old roosters, 16al17; % Merrit_Oil 1 | checked the advance. September open- | ucke, 20a24: pizeons, pate, 25: Suines 2% ;m‘:x o o 2% | ed at 1.28%, December 1;6;.31 to 1.313% | towls, each. 60a65. 3% tw and May at 1.35% to 1.36%. Eggs—Loss off; native and nearby, % Midwest Refining 140 | ™"Tho ‘market suffered another set-|frsts. dozem, 28: southern, 36- % 9 Ftd lace: 38 |back and an hour after the opening ~ Butter—Creamery, fancy, pound, 42a 37% 13 | September was off % from the open-(43; prints, 43a45; neafby creamery, 04 Nipissing Mines € 4% | ing, December 1% to 2 lower and May | 38339: ladles. 30a32; rolls, 26a30; store Py oble Oil and Gas. 20 |1% to 2% off the opening. Corn Was|packed, 25a26; dairy prints, 28a30; ' ::g:w.m:; l(“-"-nd P. 2;‘,56 off % to 1 at the opening on selling | proces butter, 33a35. ’ e P lE 3 |induced by the government report|" Npiw YORK, September 9.—Buttar! t Pennok 0l + 4 |September opened at 5% to 5434 De- | gioagier; receipt: 80. Creamery. e Ferfeetion Tire 90 |cember at 54% to 54% and May at|{ o iCRditEe TECRIRIS. DASD, Creamer = 4% 159%. The market stayed within rath- ’f ot TY | s ol A e firsts (S5 to 0L seore) 3oriasiyBery * 2" | an hour after the opening. 9 . D 2 > ¢|ing stock. current make. No. 2, 2. 2 5 | Oats early followed the course of) ™y gy Irregular; receipts, 25,607 2% 32 |other grains opening % to % lower, [ BESTILIRRIAr Tocepts, 25,607 | 10% Salt Cresk 10% | with September at 36%, December at | prog8 BRUCTOL CRCER Brars, 38aZ; = Supulpa_com. 318 1401 to 40% and May 44% to 44%. &8 ach s S, Simms Petrol > ) Pennsylvania and nearby western 2% Skelly 01 Later the market displayed some ) I oM 0, “Arats to extra. fi o Southern Coal” and 'Tron ©4% | slight strength, and an hour after the |hennery white, firsts to extra fancy, 0% Hweety Co. of America 3% | opening had gained from a shade to |0a65; "do. hemnery browns, extras; 19% Switt Internationat 247 | % over opening figures. P"’“Em:‘fi mixed colors, firsts to extras, 35245 2% Tonopali Bxtension - g | Tere e . e W e M | refrigerator. special marks, 35836 : 1 d local. Local packers were sup 89% United Eastern . 3.14 | 20 - do., firsts, 33a3. ting October lard at a decline 2% U. 8. Light and com 13 | Porting 3 Cheese—Firm; receipts, 2,861. State, 62% Uhmng:}rmugmflrm prd h . v\"ns';\'r— g:;xn‘}. ;ném Low. “{ whole milk, flats, fresh, specials, 21a 102 eptember 284 1 213%: do., average run, 20a20%; state . 24" [December ..... 131 13% X whole milk twins, specials, 21a21; 9% 8 |september 5% 5% B4 do., average run, 20a20%. H 108 18 | December B4% 86% 4% | CHICAGO, September 9.—Butter— 18 OQATS— Higher; 18 gher; creamery extras, 40%: stand- 2 2 September ... m fl‘% f& :u'dls. “%";i‘, firsts, 333423814; sec- ) 5 e onds, 30a3 Eggs, unchinge i 28% s"!.?:g'ber 1125 11.25 1112 1112 (ceipts, 8,420 cases. Poultry, 13% | october Bik 1187 1110 1120 |firm: fowls, 16a26; springs, 26. 1% 1% o 8% NEW YORK. September 9.—Flour— a0 sy i Steady; spring patents, 8.10a8.50; soft FOREIGN EXCHANGE. 20% winter ‘st;atlxglgs G'i175;5'“; hard win-{ pojar values at noon today. : ter straights, 7.35a7.75. Selling checks. % Swift & Oo. Lard—Easy; middle west, 11.80a- | pondon . o .. 8.13% Budapest 4 TUnion Carbide 2 9% 11.90. Other articles unchanged. ;.mrz:d. . 755 {;r:fl:: [ MONEY AND EXCHANGE. Berlin Copenhagen 2 2 istiani Uy NEW YORK, September. 9.—prime| COPPER COMPANY DIVIDEND. | Rome - Seitienle 24 mercantile ‘paper,* 6a6%; exchange,| NEW YORK, September 9.—Direc- | Zurich Amsterdam g x - | Athen: Relgrade 14 irregular; sterling 60-day bills and |10rs of the Utah Copper Company de. | 3200 0% Montreat commercial 60-day bills on banks, h the capital et 18 , |of 50 cents per share on the cap 2.67%; . [stock of the company at the regular| Kingfishers make their nests e demz‘":";u;;';d::f;“:;;‘;:" 3.67%: | Quarterly meeting. | amait-Aenbones. 53k Francs, demand, 7.46%; cables, 7.47. 8% Belgian francs, demand, 7.33% ; cable: 3% 34. Guilders, demand, 31.57; cable: 108% 163, Lire, demand, 4.31; cables, % 4.31%. Marks, demand, 1.023; cables, 10% 1.03." Greece, demand, 5.63: Swedel 53 demand, 21,65; Norway, demand, 13.0: 51 Argentine, demand, 30.62; Brazilian, n% demand, 12.62. Montreal, 107-16 per I cent discount. o Government bonds, irregular. Rail- 29% road bonds, firm. e Time loans, steady; 60 days, 5%a e 5%; 90 days, six months, 5%a6 per 7% 3 %% % 1% Anglo-American 0il Co. 205% Botne Bersmser: g 007 o) 0% Buckeye Pipe Line Co. 2% Cheseborough Manufacturing Co. 145 o Continental, Oil Co..... S 1o rescent Pipe Line Co. g 56% Cumberland Pipe Line 120 6% Eureka Pipe Line i d 50 Galena-Signal Ofl Ce 4 a% Indiana Pipe Line Co.. .. 7 18 87 221 Penusylvonis-Mexican Ft Prairie Ofl and Gas Co. Prairie Pipe Line Co. Solar Refining Co. 828 aEyatany M . 3 Southwest. Penn. Pipe Standard 01l Co. Standard Off Go. Kentoeky . Ken Standard O1f Go. N Standard O}t Co. New York. * wE 8383ne pEsadBEBEageatEe: 1709 L Street N. W. Other models of today’s Oakland Six: open car, $1,145; three-passenger Roadster, $1,095;~four. passenger Coupe, $1,625, with cord tires; five-passenger Sedan, $1,725, with cord tires. All prices f. o. b. Pontiac. The car itself is always ready to prove the things we say of it. Call or phone for a demonstration today. . Open Evenings Five-passenger Telephone Main 7612 = EQUIPMENTS LEAD Secured by first deed of trust on real estate. FINANCI Money to Loan 07 e et o e on o EQUITABLE bldz.. 9th and F RALLY IN SHARES, Afte’r Bear Attempts for Re- action Market Again Be- comes Fairly Firm. BY STUART P. WEST. NEW YORK, September 9.—There was un Interesting test In all the markets today.’ In cotton it was & Question whether the 300 to 350 point decline between Wednesday and Thursday night meant that the up- ward movement had been very much overdone or whether it could be re- lied upon as indicating a lastlng change, both in the cotton trale and In the business outlook for the svuth. In grain it was & questior what the response would be to the government report, published after business hours Yyesterday. 1In stocks the point to be settled was whether the downward turn of the previous day was to run into an fm- portant decline or whether it was simply 2 normal reaction in a market which has permanently set its face toward better things. Sentiment Better. The answer to all this was a brisk rally in cotton options this morning, @ sharp decune Ls zrain ai tne sta . followed by a slump and then re- covery, and a resumption of the rise Joseph 1. | Weller 420 Wasii. L. & Trust \‘ For Investors’ Attention We Can Get You 10 to 25 per cent above Co-Operative Building Aszociation Organizea 1579 41ST YEAR COMPLETED Asnets . $4.303.536.65 Sarpl -$1.863,322 89 Wonderful results will be obtained if you make up your mind to join the Equitable and save up systematically. Subseriptions for the 815t Issue of Steck / Being Received Shares, $2.50 Per Month 4 Per Cent interest LOUITABLE BUILDING 915 F St. N.W. JOHN JOY EDSON, Preside FRANK P. REESIDE. See) on any amount $10,000. Let u: explain this propo- LOANS ON LIBERTY BONDS pp Liberty Bond E. 604 14th St. N.W. i1 8LoCKS, with whai was altogether Ui most impressive and convinding exhibi- tion of an altered sentiment given sinct the turn came a fortnight ago. The upward movement began In the copper |group as the result of the unlooked-for declaration of a divi- dend by Utah copper. and the im- provement in copper prices which has occurred within .he lasc week. The advances quickly spread to other groups. Baldwin Locomotive.. American Locomotive, American Car and Faundry, «nd the other equipmer.: were eagerly bought on belated recognition that speculative Wali strect has entirely underestimated !212. the earnings of these companies go far this year and has not taken the proper account of their very strong financial position. With the equipment group selling at the best prices In months, a foilowing was readily attracted to the steels, to Studebaker and to numerous other industrials in which initiative was shown. ¥ The Day’s Developments. Cities Service Company announces that as of August 15, when the books were closed, the corporation had 60, 000 shareholders. A larger distribu- tion of the various securities of the company as to the number of share- holders was announced. Lehigh Valley Coal Sales Company de- clared a quarterly dividend of $2 a share. payable October 1, books closing Sep- tember 15. American Sumatra showed cash as per balance sheet of July 1. $1.071, 893, as compared with $1,913,636 in the July 31, 1920, balance, show- ing, inventories, $3.127,077, as agains: $1,862.497. Liabilities have increased to unonzn,uoo‘ as compared with $28.- 702,000. Pennsylvania for July, gross de- ased $11,685,749, taxes increased $5.729,856. net operating income in- creased $5,207,394; for seven months gross increased $3,780,065 and net operating Income increased $55,565,- Equipments Take the Lead. The borrowing ‘demand for stocks was very light, indicating a big reduc- tion in the short interest. After some irregularity, during which National Cloak and Suit shares were off 5% points on two transactions, when some of the rails and food and chemi- cal shares were singled out for fu- rther raids. the equipments came to the front with considerable show of strength. Northern Pacific, Sugar and Ameri- can Drug were among the early weaklings. At midday Continental Can fell 3 points on the passing of the divi- dend. After this the balance of the list strengthened, Americap and Bald- win Locomotive and Pressed Steel Car leading with Pressed Steel Car and Rallway Steel Spring. Motors and oils shares in the bet- terment. PASSES DIVIDEND ON COMMON NEW YORK, September 9.—The Con- tinental Can Company, Incorporated. today passed the quarterly dividend of $1.75 on common stock due at this time. The regular quarterly dividend of $1.75 was declared on the preferred. — s e AT C Op 1e Preferrec STOCKS—BONDS—COTTON GRAIN — SUGAR — COFFEE Bought and Sold on Commission 27 Securities Commodities Review Free, Upon Request. A.A.Housman&Co. MEMBERS: New York Stock Exchange New York Cotton Exchange New York Produce Exchange .Y. Coffee and Sugar Exchange Chieago Board of Trade Associate Members of Liverpool Cotton Association Washington Office MAIN FOOR CORRIDOR WOODWARD BUILDING ‘Telephone Main 2040 CHARLES R. ALLEY, Mgr. Vacation days are over —now let's buckle down and save. - "1336 N. Y. Ave. 3 Mortgage Loans Members New York Stock Exchange 934N. Y. Ave. NW. Chicagos Board: Wt eade glIIHIllIIHIMMMWMIHMWWI!flW!lll}lflfllflfl!flflfl!{flfll}fll}Iiflfl!lllllll!fllilfllflfllflllllllll% = = = = = = !E 1= Over a Quarter of a Century participating Without Jo may er Teturn 1 »ithou |JIV| or write and we will be gk a Loss to show you this new plan of invest- ment baak Stock Exchange Security Corporation “SESCO” 230 Bond Bailding Fifteen Reasons Why You Should Invest in Our First Mortgages Reason Five It the principal or interest falls due and is demanded, it is paid within a reasonable time without discount of any kind and without the risk of the in- vestor having .to foreclose. Weekly Financial Review dent on Request SECURITIES ' bought outrig conservative ht or on margius. Assuming that there is a de- fault, we attend to everything under the terms of the mort- Bage without any expense or annoyance to you whatsoever. SMITH ANDREWS & MARSTON B F SA CO 1412 M sx.os.\\'. l ll Washington, D. C. Thisis YOUR Bank This is YOUR Bank. We appreciate your bus:p:ss and we are endeavoring to make our service mean much more than mercly giving ORDINARY attention to your affairs. vae In other words, we are trying to be interested with you in your business problems and to serve you as nearly as possible in the way vou want to be served. A2 Ask for the Daily Dime Savers The Second National Bank “The Bank of Utmost Service” 509 Seventh Street N.W. A Business Coun- sellor to Several Generations 9 As dean of the Capital's national banks, The Metropolitan has been an active factor in local commercial de- velopment for over a century. {The experience we have accumulated in successfully serving others will prove of value to you, and you are cordially invited to avail yourself of it. Safe Deposit Boxes 3% YAID ON SAVINGS National Metropolitan Bank Capital, Surplus & Undivided Profits Over $1,500,000 15th St., Opposite U. S. Treasury—107 Years Old YOU can perform the duty you owe yourself to invest your money safely and at a satisfactory rate of interest, and you can fulfill the obligation to protect your family by investing in our First Mortgage Loans. They offer you the op- portunity of meeting both obligations. The quality of the security—Washing- ton real estate—and our methods of pro- tecting the investor maké the safety of these loans absolute. The floodtide of interest rates is mow in and our First Mortgage Loans_are the logical choice. They pay 7% interest. They are in convenient denominations. *>* H.L.RUS NP-IIBEL I, %900