Evening Star Newspaper, October 2, 1921, Page 33

TUp to Including Friday, September 30, 1921, s Bales. BONDS. High. Low. Close.| "o cattle—First quality, per Ib., 7a o o . 3 18,000—Ana. and Potomac River R. R. 58. 73 62 68 é o ’ A Delicious Laxative for Child’s Liver and Bowels | 13000—C. and P. Telephone ist.bs. 90 89 90 f;s'f‘z‘;{w“;"'cf,:fc‘,"t“’,'lf;,&‘y toXguality; 530000 e L R TR I B 83% 38% 37%mon to fair, 3a4; thin steers, 3-5-! sve” i hat i '000—City and Suburl % 51 5 5 g HI.IlTy .m:t.her! A tml.;oon{ul of | tive” is often all ‘:.hl:f ls'nemm-d 78,000—(}egrgewwn Gas Light 1st 58 741 70 4% 2?3{‘5‘@'& trgn%‘;:“;?;' h’e:sd'. E"&%'B;?E.‘J?; : ~ ’ “Califorsiat SyrkpofisFige s tedy, | Chidreaviovs (hjetmity taste;of f| 24i80 Metropolitan iR iIat 00 $% $i* 35y |common to fair, per head, 30.00a40.00. THE table below shows a number of popular cars using Ford, Buick and may prevent a sick child tomorrow. [genuine “California” Syrup of Figs |,5'000 pot. Eiec. Powor cons. 55 863 mels L isesal Calves Y AL e ien per Il e Dodge sizes. It shows prices on all three types of Philadelphia Batteries If your child is constipated, bilious, | which has directiors for babies and :;.238—‘1305. Eec. gaw:: d::. g: g_slu g} ggk Poridbs 98105 heavyl and Tonihs ot ge sizes. 2 P! ‘ " : $ feverish, fretful, has cold, colic, or if | children printed on the bottle. Say |1S3000—or, ieg; ROl €50 O5; 40 40 40 |IB, 586 rough common thin, per head, for each car—twelve, eight or twenty-four month guarantee. . The Two-Year [ /Eomaakiis bour, tongusioontad, beesth [ CALuvR; o€ You ey, gt an thi- | e SRS umTIERE AT e 2% B 8 1"Yimbs and sheop—No. 1 sheep, per Battery contains Philco Slotted Rubber Retainers in addition to Diamond Grid bad, remember a good “physic-laxa- | tation fig syrup. Beware! 69! ashioRy an: S A Ib.. 4a5; common, §at; lambs, spring, ) 1 4 it 2 o : L =pas) Sy and Meoisens 100% 109 194% |cholce, per Tb., S; fair to good, 7as: plates and quarter sawed hardwood separators-used in the other batteries. Any X 1 common, thin, 4a5. | . . H = 3 D e, &8 8 |“Hogs—straight, per Ib., 9; sows, as type will give you good service and with reasonable care will far outlast its You Can’t . KNOW Till You can’t truthfully say that you don’t like EBON- ITE as a gear lubricant for your car if you have never tried it, and you wouldn’t be fair-minded if you said it. 1f you have an open mind, which you ought to have, and you are willing to be convinced, as you ought to be, TRY EBONITE TODAY, and let the gears of your motor car make the decision. Of course, we know that EBONITE is shredded extra heavy oil—our own process of the highest grade— and that manufacturers and automotive engineers every- where recommend its use. But you don’t know if you haver't t+-ied it; and you never will know until you do. Why don’t you try it and be fair to both of us? EBONITE—for transmissions and differentials. Worn or noisy, chattering gears are quieted. Prevents wear and friction. Saves many a repair bill. No other gear lubricant, at any price, can give you all these quali- 11es. Sold at all garages and dealers in five and twenty- five pound cans. Ask for it by name. Just say “EBONITE” to your dealer—that’s your absolute assurance of best results. BAYERSON OIL WORKS .Manufacturers ERIE, PA. PENNSYLVANIA PETROLEUM PRODUCTS MAKERS OF AUTOCRAT MOTOR OIL CONSTIPATION UPSETS STOMACH, KEEPS YOU HEADACHY, BILIOUS Turn _the rascals out—the head- ache, biliousness, constipation, the sick, sour stomach and foul gases— turn them out to-night with Cas- carets. Don’t put in anmother dsy of distress. [Let Cascarets sweeten your stomach; remove the ferment- ing food and that misery-making [TH the excess bile from your P l liver and carry off the waste mat- ter and poison from the bowels. Then you feel great. A Cascaret to-night will straighten you up by ‘morni! 10-cent box from ::5 drug store will keep your h clear, stomach sweet, liver and bow- els regular for months. Children love Cascarets too. 33 \\,\ / RSO 7 N HRT T AR LIKTRYRSRRVERFY)Y) o pound” is . “Pape’s Cold Com Quickest Relief Don't stay stuffed-up! Quit blowing and snuffling! A dose of “Pape’s®Cold Compound” taken every two hours until three doses are taken usually breaks up any cold. The first dose opens clogged-up nostrils and air passages of head; stops nose running; relieves headache, dullness, fever- ishness, sneezing. “Pape’s Cold Compound” is the quickest, surest gelief knoyvn and costs only a few cents at drug stores. It acts without assist- ance. Tastes nice. Contains no quinine, Insist upon Pape’s. “California Syrup of Figs” THE SUNDAY | . 1 | | | BY L A. FLEMING. It is encouraging, in the midst of consideration of unemployment prob- lems and exploitation of this unfavor- able feature of the 'present situation, | that conditions, as diagnosed by such an impartial judge as the Federal | Reserve Board is and should be, are said to be showing distinct improve- ment. The board goes even further and talks of “distinct encouragement,” “wholesale betterment,” and “increased ability of business to settle its ac- counts.” There have been many “doubting Thomases,” utterly unable to recon- cile_enthusiastic reports of improved condition with decreasing clearings, with the evident growth of unemploy- ment and whose judgement refused to enthuse because money was easier, recognizing that money was in large supply and that therein was not the remedy for the trouble that en- compassed business, and who recog- nize in the increasing railroad net earnings dpligations for the main- |tenance of roadway and upkeep of equipment disregarded, with the | certainty of an aftermath. i But even this contingent must now admit that while appearances may not be as satisfactory as they would like, conditions are greatly im- oroved and that the business of the year to date has. so far reduced old! Stocks that manufacturers are busy ml restocking and inventories have been greatly reduced, if mot worked off altogether, which will give increased employment and help on betterment. It is up to the manufacturer, the jobber and the retailer to judge well; as to the prospects and the capa- bilities of the future that should they find a partial repetition of the 1920 slump in business they may not be caught with a large stock of slow selling goods on hand. If business is to comtinue on the mend, as the_ reports indicate, there should soon be Some very substan- tial evidences of it in the factories producing steel rails and cars with other equipment, and this will be re- flected by recovery’ in the shares of these manufacturing corporations which have as yet made small ad- vance, relatively speaking. Business must consider the causes; that led ‘to the silent strike of the buyers of the country, and those who attempt excess profits are liable to- jday to feel the effects of such a pro- test against large profits unless the tendency to again mark up prices is abandoned, and there is more real relation between production and re- tailing costs. The public, and this_includes the farmer, has a well defined and un- shakabie opinion that there is too vast a difference between the price received by the producer and that paid by the consumer, which view of the_ situation, blaming no one, seems to be well founded and to be reme- died only by a little more humanity, a little less greediness and perhaps. a desire to lend something to the bringing about of better conditions. 1,1t may be too much to expect. yet, 1if we are to have a genuine revivai of trade, the slogan will have to be changed from “large sales and great profits” to “large sales and small profits.” Congress moves slowly where busi- ness demands action. Senator Smoot has just introduced a sales tax measure and his com-| ments with especial reference to “ex- cess profits” are interesting. He urged the retroactive feature, abolishing excess taxes entirely for the calen- dar year 1921, as the impost of such excess would fall on relatively small business concerns, as the great cor- porations would not have any ex- cess profits. This fact should be recognized, ae many of the large corporations have been engaged very largely in the last few months in reducing inven- tories accumulated in 1920, inve: tories of goods produced at much higher prices than current at this time. Hope for Action and Betterment. The business world, seeking cer- tain expected relief and betterment through congressional action can only hope that the action may be speeded and not delayed through the acts of a minority ana that when enacted the measures will bring the expected betterment. 3 Moreover, it can only hope that im- provement may make progress with increased momentum, that unemploy- | ment may decrease and that measures | governmental, public and privatc working for rehabilitation may be successful. It remains to be seen just how far the cotton, grain, live stock and other productions of real wealth wil. g0 In the establishment of the pur- chasing power of the nation. Abroad,. German credit is more seriously strained than ever, if that is possible, and by reason thereo French credit is a little shaken. sc that improvement must come largely from within. Efforts are being mad. also to further our foreign trade. Symposium on Reserve Rates. There have been so many arraign- ments of the Federal Reserve Board for not reducing the discount rates of |- the various regional banks, so many more for the_ action which, it is charged, brought on the great era of | deflation, in advancing rates, that a symposium of opinion on the question “Should Federal Reserve Bank Dis- count Rates Be Maintained Above Current Market Rates?” is extremely timely and apropos. The Year 1921 to Date on the Washington Stock Exchange. Furnished by W. B. Hil STAR, WASHINGTON, T 'THE PROGRESS OF RECOVERY; - BANKERS ON RESERVE ACT| Real Evidences of Improvement Repdrtedl by Unbiased Authority—Veteran Fi- nancier’s Views on Discount Rates. The September number of Trust Companies contains the result of this questionnaire. That sturdy Scotch veteran, James B. Forgan, president of the First Na- tional Bank of Chicago, heads the symposium. He holds to the opinion that the Federal Reserve Board “should proceed very slowly in lower- ing present rates. It seems to me that there is considerable danger, in case rates are lowered precipitately, of rénewed inflation, with a conse- quent reaction more violent than the one. through which we are now pass- ing. In general it is a_complete mis- take to have the rediscount raton lower than the general market rates for commercial loans, for if banks are able to rediscount their paper at a lower rate than they themselves re- ceive, obviously a continued inflation Is, profitable to them. “Especially should this be em- phasized, that our large gold reserve is, after ‘all, due only to the fact that gold is not being circulated at the present moment. and that much of this gold is liable to flow out of this country as soon as there is a change in the balance of trade. This gold is therefore, held in trust for Eurove and this is not an overstatement.” ¥. D. Hurlburt. another Chicago veteran, head of the Merchants Trust Company, declares that he would like to see “many of the war amendments to the reserve act repealei.” “As it stands today, nothing but the courage and the wisdom 6f the management prevents it from becom- ing a disastrous engine of deflation. I believe the amendment practically demonetizing gold and making a credit on the books of the reserve banks the only lawful reserve is most dangerous in normal times. A claim has beeri made that the agricultural dis- tricts have been discriminated against. While I believe the reversa hag hn~n the case, I also believe that the fed- eral reserve svstem has worked a great injury to the country as well as inestimable benefits. In a time of inflation such as we had a year ago, it nullified the effect of the usual nor- mal remedies we have for such con- ditions. 1If it had not been for the federal reserve banks the farmers would have been compelled to sell their crops a year ago and paid their debts. This would have saved the country and the farmers from ter that has overtaken both. Also, had not been for the federal re- serve banks. manufacturers and mer- chants would not have been able to accumulate or carry the heavy inven- tories entailing losses in a single year that it will take a generation to re- place. I believe the solution to this Will be to keen the rediscount rates about the market rates, so that there will be no temptation on the part of member banks to profiteer through the federal reserve banks. H iIt seems to me that most of the | things that now are being pressed in Washington for the relief of agricul- | ture and otker industries are an at- tempt to force the government to do things which are too unsound to be done by the banks. This is literally an attempt to ‘lift ourselves by the bootstraps.’ but the results are far more disastrous. “I wish,” said Mr. Hurlburt. in clos- ing his remarkable interview, “that the Federal Reserve Board could see its way clear to make a public state- ment of what its future policy will be regarding rates. I believe that the confidence of the counliy in the board is such that any clear state- ment of fundamental principles made by it would be acquiesced i Francis H. Sisson, head of the Guar- anty Trust Company, said: “We should remember that the federal reserve rate is an effect and not a ‘ause. A high rate results from a heavy demand for funds: obviously 2 high rate does not create the de- mand, and similarly a low rate can- not directly create easy credit condi- tions.” Oliver C. Fuller, president Wiscon- sin National Bank of Milwaukee: ‘The main point made by those op- s0sed to the lowering of the Federal Reserve discount rates is that the cediscount rate should always be above the market. This is laid down as a general principle, from which here are no exceptions, Federal re- serve funds are emergency funds, and it should not be possible for banks to make a profit by rediscounting at a ower rate than the marke Percy H. Johnston, president of the Chemical National Bank, says: “Iam of the opinion that the recent reduc- tion in rates was wise. Iam convinc- ed that, under normal conditions, it is ‘ogical that the reserve rate should se higher than the prevailing com- mercial rate, vet, in view of the world-wide conditions of today, I be- lieve that the adoption of any ar- ificial means to accelerate the proc- ess of readjustmient would be a dan- serous course to pursue.” George S. Mumford, president of the Commonwealth Trust Company of St. Louis: “It was never intended that the federal reserve banks should use heir power and authority either to ‘ncourage or discourage business. The chief purpose should be to assist commercial banks and to fix the rates of discount so as best to accomplish this and at the same time protect their own position from any over- strain. It seems to be that one of the greatcst dangers the federal reserve ystem can be subjected to is from the attacks and maneuverings of politicians. in order to make the sys- tem serve political ends,” John V. Farwell, the big merchant of Chicago, declares that the federal reserve rate cannot be determined by formula. “As we are now the world's & Co., Hibbs Building. = - D. C, O greatest creditor nation, we have the opportunity to make ourselves the world's banker, if we have the cour- age to stay in the game and if we handle our federal reserve system right. ‘It is the function of the fed- eral reserve banks to increase the supply of money to meet seasonable variations in the demand for hand- tc-hand cash.” ‘ Tomorrow the American Bankers Association will start its annual con- vention in Los Angeles. Never has a convention been better advertised. A real press agent has been assist- ing and the mails have been cluttered with the publicity. But the officlals of the association remembered with the greatest pleas- ure the masterly manner in whlchl their last convention was held In the District of Columbia, city of Washing- i on. They recalled how each session was conducted, each public gathering in Keith's so managed that not a man reached the speakers’ platform un- less he hed a right there; that each delegate found His way to a seat on the main floor and that. the visitors occupled the balcony and gallery. ‘They recalled these facts as they planned for tomorrow’s gathering, and then they called “long distance” and asked for George O. Walson, who was responsible, with his aides, for the perfect conduct of matters here and asked him how he did it. y being on the ground before the t man entered and by close personal ¢irection of each and every person to where they properly belonged.”” This was the answer, and tomorrow shey will try and carry it out in Los Angeles. - A rare program has been prepared and one may look for most able papers and discussions. The $2,122,875 deficit, after charges and taxes, as a result of the first six months' operation of the Columbia Graphophone Company, offers small en- couragement to the shareholders and emphatically kills a recent statement concerning the wonderful increase in the first eight months’ earnings. That large number of hold-on-to-th last shareholders, although their pu- tience has been sorely tried, .will have to wait for an indefinite and ques- .onable time before they can see day- ight through the woods. GRAIN AND PROVISIONS. CHICAGO, October 1.—With liquida- tion on in wheat and corn the entire list sagged on the Chicago Board of Trade today. The close saw net losses of 3 to 3% in wheat, % to %a% in corn and % in oats.” Provisions ranged unchanged to 27% higher. Wheat opened weak and with bear- ish sentiment strengthened by the few news factors and encouraged by absence of outside support nothing that the few longs could do had any effect_on the market. Every bulge brought out increased pressure, and numerous stop-loss orders were un- covered. Breaks at Winnipeg caused by hedging, declines of around 5 cents in cash wheat at Minneapolis and slow export demand. coupled with a report that a New York _interest bought 20,000 barrels of Canadian flour this week, combined to break the resistance of some of the most stub- born longs. May wheat made a new low record on the crop. Hedge sales, scattered liquidation and the state of the wheat market caused the break in corn, and oats were weaker and lower in sympathy with the other grains. In provisions nearby options were under pressure, but deferred de- liveries held fairly strong in the fact of the general market conditions. De- liveries on October contracts’included 7,700,000 pounds of large and 750,000 pounds of ribs. NEW YORK, October 1—Wheat— Spot. weak: N 5 i 1.271%; No. 1 Manitoba, 1.321%, and No. mixed durum, 1.17% c.if. track New York to arrivi Corn—Spot, easier; No. 2 yellow and No. 2 white, 66%; No. 2 mixed, 65% c.if. New York, lake and rail. Oats—Spot. easy: No. 2 white, 481 Lard—Firm; middle “west, i 2 1 .35. Other articles unchanged. COTTON MARKET REVIEW. NEW YORK, October 1.—The sell- ing responsible for declining prices in today’s cotton market was attributed chiefly to liquidation of long ac- counts for over the week end and the government reports expected Mon- day. There was trade buying on a scale down, but it was in no great volume and after selling at 20.98 early, December broke to 20.65, clos- ing at that level. The general mar- ket closed irregular at a net decline of twenty to thirty-five points. The market opened steady at an advance of five to seventeen points on buying encouraged by bullish re- views of the goods trade, reports of rains in the south and another private crop report issued by a New Orleans authority placing the con- dition at only 39.5 or a shade below the average of the previdus figures. October sold at 20.72 and January at 20.73, but as the price of Decem- ber approached the 21-cent level, the market encountered hedge selling, while there was also a good deal of realizing or scattering liquidation. No fresh news feature was coupled with this selling, but it dominated the course of the later market, send- ing Qctober off to 20.48, and Janu- ary to 20.32. The close was at ap- proximately the lowest. Sales of print cloths in the Fall River market for the week were 200,000 pieces, believed to be slightly in excess of the week’s production. The amount of cotton on shipboard awaiting clearance was 138,000, against 92,000 last year. NEW ORLEANS, October 1.—After making advances of nine to twelve points in the early trading today the cotton market softened under liquida- tion of long contracts and new Bell-’ ing for short account, together with some little hedge selling, and fell to net declines which, toward the close amounted to twenty-one to twenty- six points. Last prices were at net losses of twenty to twenty-six points. December traded up to 20.55, fell oft to' 20.25 and closed at 20.26 cents a pound. —_— LIVE STOCK MARKETS. BALTIMORE, October 1 (Special).— | The live cattle market rules a shade better, with wharf receipts still light,! but ample supplies at the stock yards. | Demand fair for all top grade cattle, | but all ordinary stock moves slow. i Quotations today at Light street to quality, 7a8; stags and boars, 4ab; |tor sott CTOBER 2, - 1921—PART 1. STEEL PRICE DROP INCREASES DEMAND Trade Improvement Shown Past Week—Copper Con- sumption Takes Jump. NEW YORK, October 1.—Recent lower prices for steel pipe have stim- ulated demand and trade has gen- erally improved during the past week. There also has been a better inquiry steel bars and the general trend of prices is higher as the liqui- dation of stocks is now nearly com- pleted. Eastern plate mills report the best bookings of the vear. There is also a fairly good volume of busi- ness in pig iron, especially with heat- ing equipment and textile machinery | manufacturers. Consumers are show- ing considerably more interest in the market. = Improvement in Copper. In copper there has been a decided improvement in demand. Producing interests estimate sales for domestic consumption at between ten and fif- teen million pounds. In normal times this would be considered no better than a moderate business, but the buying has made sellers more cau- tious and has strengthened the posi- | tion of larger producers, who say they have no copper for sale below the 1214-cent level for prompt ship for forward delivery. In the export department sales by the Copper ex- port association have been reported to Germany at prices ranging from 128 to 12% c. i f. Hamburg. Great Britain has not been buying freely, but some copper has been sold to Japan and China. Lead has continued actlve and firm. Producers are still booked ahead and are reluctant to sell metal. Tin has been quiet but steady, with some pressure to sell prompted by second holders. Buyers have shown increasing interest in futures. i Zinc is firmer, with a better inquiry, especially from galvanizers. A Antimony in better demand with some fairly large sales, buyers being stimulated by the fact that prices are below the cost of import. —_— FOREIGN EXCHANGI Relling checks—D Alar values at close tods Christiania tockholm Amsterdam Belgrade Montreal 180 913, Athe 7ierna BANK CUTS OUT BONUS. Reserve Institution Discontinues “Cost of Living” Extras. i | NEW YORK, October 1.—The fed- eral reserve bank {of New York. has iscontinued paying its employes the ost of living” bonus they have been | receiving for the last three years. | Benjamin Strong, governor of the | bank, said the action taken was in onsequence of general economic de- velopments. NEW YORK SUGAR PRICES. NEW YORK. October 1.—The raw sugar market was unchanged at 4.13 for centrifugal for uncontrolled and 4.23 for Cubas. No sales were re- ed. In raw sugar futures trading was very quiet, consisting of only one lot of May at 2,41, a point above the previous night's close. Final prices were unchanged to 3 points net i higher. October closed at 2.65 at 2.1, March at ment and are asking slght advances | No changes occurred in sugar, with fine granulated !5.50 and with business light. | "“There were no transactions in re- | fined futures and closing prices were unchanged to 5 points net higher. | October’ closed at 6.45, December at | 5.20, March and May at 5.25. e k Rubber Company has closed {a contract with Durant Motors for all of its 1922 equipment requirements. refined listed at "W, & J. SLOANE 1508 H STREET, N. W. WASHINGTON, D. C. Store hours—8.00 A. M. to 5.30 P. M. Daily OUR stock of FLOOR COVERINGS has now been prop- erly assembled in anticipation of the usual heavy Fall business, and priced on the basis of present costs. To those interested in refurnishing at this season, we suggest immediate selections so that the benefit of com- plete assortments may be enjoyed. Only a few examples of the opportunities open to the careful buyer are listed below, but a cordial invitation is extended for personal examination of the fine qualities which we now offer at exceptionally reasonable prices. KARNAK WILTON RUGS—"The Aristocrat of American Wiltons” in a wide range of sizes from 2.3 x 4.6 to 11.3 x 15.0. The popular 9 x 12 size at $100.00. AXMINSTER RUGS—In many qualities and sizes from mats to 11.3 x 15.0. A particularly large number in 9 x 12 size at $39.50 and $45.00. ORIENTAL RUGS—New .arrivals in both hearth and carpet sizes in many weaves from Turkey, Persia and China. Small rugs from $37.00 up. . SLOANE IMPROVED VACUUM CLEANER —Strong : in construction. Simple in operation. Complete, with set of 8 attachments, $48.00. 3 Our service, prices and qualities are the same as may be found in our New York house Buick Special- 1~ ~=siderations which llive pigs, as to size and quality, 10a i11; shoats, as to size and quality, 9all. CHICAGO, October 1.—Cattle—Re- ceipts, 500 head; compared with week ago, grass and low-grade warmed- up steers, weak to 25 lower; others and yearlings, strong to 25° higher; some good and choice medium-weight corn-fed, 25 to 50 higher; choice dry- (| fed heifers, yearlings little change, but bulk cows and heifers, 50 to 1.00 “guarantee. Which type you select depends on the <~ control your selection of tires. STATIONS AUTHORIZED BY FACTORY : ROY F. CARTY ares. = K! 3,809—Capital Traction . 2,249—Washington Gas . N, and W. Steamboat 1,284—Wash. Ry. and Elec. com. 2,130—Wash. Ry. and Elec. pfd 226—Wash.-Va. Ry. com 30—Wash.-Va. Ry. pfd. 30—Commercial Nat. Bank. 20—District Nat. Bank..... 37—Farmers and Mechanics’ Nat. Bank 87—Federal National Bank $—Liberty Nat. Bank. . N U GRS Acidity Gases Sourness Flatulence Heartburn Palpitation lower; canners, 10 to 15 lower; calves 1608 14th N.W.’ - A e s o mostly 1.00 lower. ¢ i it 2 t. Metroj an nk. . X v - : el s e iip e o e (R = acivEuiy ity OB RS ESSENO AUTO SUPPLY CO. ““Pape’s Diapepsin’® correct acidity, thus regulating digestion and e ek best time; packing grades and mized sthand HNW. ° A pe’s a - Sec. y , strong; 5 er;. top, 8.30; g : ¢ making sick, upset stomachs feel fine. Best stomach corrective known. 487—Continental Trus " bulk lights and light putctiers, 8.008 : ; W M Ay Tt 8.25; bulk, packing sows,- 6.50a6.85; OWL GARAGE s , Y Wraeis Tineraad Trasbiiis pigs, steady. with bulk desirable, 7.25 | . 3T Eust Wash. Savings Bank. ... a736; holdover, liberal, © - " 7l 612 L St. N: ) 10—Merchants' Bank Sheep—Receipts, 5,000 head; re- N ceipts today practicaily all to pack- ( ers direct; compared with week ago, all classes about steady. 3 ‘ NEW YORK, October 1.—Cattlé— | Receipts, 480 head; no trading. i Calves—Receipts, 1.000 head: dull. Tennessee calves sold 7.50810.00 per | 60—Sec, Sav. and Com. 17—Union Savings . 5—Wash. Mechanics’ SEATON GARAGE 3d and R. L Ave. NW5 ! Lincoln Rd. and Seaton St. N.E. * 23—Real Estate Title Insurance. 56 10-20—Col. Grapho. com. *. 100 pounds; Virginia, do., 5.00a9.00; STILLWELL GARAGE 630—Col.. Grapho. pfd.. state- grassers, '3.50; §00d. Wi 1,165—Mergenthaler Linotype calves, 6.50. eE : 515 8th St. SE. d lambs—Receipts, 3,010 e 100—O0ld Dutch Market pfd. Fair Virginia lambs, 00 per 1,193—Lanston Monotype .... 5—S8ecurity. Storage Co. 142—Washington Market.... *New York, close,-4%. Sheep head; irregular.