Evening Star Newspaper, November 8, 1921, Page 23

FINANCIAL, - Building Activity Continues Unabated on to prepare to dismantle the stesl £ peclal Dispateh to The Star. works department of the Carnegle - day. Decision as to whether to keep fornia this year s estimated at 95,000 ome of the retail establishments tering to the manufacturers of wom- + ens' garments are rushing goods to ihef rcustomers in anticipation of a CHICAGO, November 8 (Special).— Salesmen returning from trips through New business in hides gnd leather profit to the manufacturer. n this market is being restricted suildlng activity in the greater cities | {0 be one of the outstanding featur 3 ! S e for new build- nEs e Tmproved materialis: "U9" | Khots and clusters and set or com: bined with jet, lapis lazuli, mother of Business in Pittsburgh Area | °r 24 — Has Slowed Up Somewhat| yyoxromem *8.5%¢; ing coke interests is n;,oun[nz for i clal).—Flour prices are the lowest feasonal demand, but i3 not yet with, is good, however, and the | in reaching. distance of 50 per cent arnegie company is preparing to put ' of capacity output. The blast this week on two.addithapal | D = Ohio group. | . Soug YOUNGSTOWN, Ohfo, November 8! LONDON, November 8 (Speclal).— of 1,500 canaries of vari- {Special) —Heavy shipments of black | A shipment “nd zalvanized steel sheets are now zoing out from valley mills. Some |OU8 breeds has been started to the suilis are rolling common sheets of ; United States and about 5,000 more thirty gauge for Japan. Sheet bars ! birds are belng prepared for shipment moving In wolume, and there are some inquiries for tank plates. Steel| +trip is Dbeing taken in large tonm- nages by automobile makers. 1 The outlook for tin-plate Meats. | ¥ CHICAGO, November § (Spectal).— Shibments Gt fresh And: curod moats mden to the Company. The bgats e next summer. H November § (Spe- . corresponding perfod of last year. Fish. ' VANCOUVER, B. C, November 8 v 2 = —_— e —— e e % : Canned Goeds. SALT LAKE CITY. Utah, Novembe: 8 (Special).—Utah this year put uyp been ‘small. - BY L. 8/ MCKENNA., . back into.general retall trade through the channels serving the farmers. ume of sales’ in months, Manufacturers - of - footwear and when -thé rush period arrived. Candy makers are, stocking up for the hol- aave -been made from low-priced sugar. 3 1al) —Minneapolis - will establish a ord for building construction this year far ahead of any recorded in the last two.décades. A total of 2,283 resi- dences have been-.built, at a total cost ty apartment. buildings having been this without any very 1| purchases or sales. [, The favorabie declsion of tre His- trict Court of Appeals in the Potomac Electric Powér, Company valuation case was a potent influence. large individdal The case will go to the Supreme! Court for. final.adjudication, but tie leflefl Wwag very noticeable in all the: securitiés of this company and of the i shares and: bonds of the Washington | | Raliway and Eléctric Company. i shared in the better feeling, making nes; high on this movement uat 903, Capital Tractlon. shares sold & 18872, this heing a point improvement. ‘The business of the day was entirely MINNEAPOLIS, November 8 (Spe-|; { R‘Hv\'ly 48 were especially active, | mo: _ - THE, EVENING STAR, WASHINGTON, D: ¢; TUESDAY, | Live poultry—Roosters, per lb., 18; turkeys, per 1b., 38a40; chickens, l-vrlnl. per 1b., 28a30; hens, per 1b., ung, each, 35a60. 28; roosters, per 1b., 22; turkeys, yper 11.00; per bushel basket, 2.00a3.25 western, per box, 2.60a4.75; Californi: : cymblings, per crate, i h, bl. { GRAIN AND PROVISIONS. 2.25a3.50; No. 2, 1.25a2.75; bushel, 75a 1.00;. beans, bushel, 1.00a2.00; beets, selery, dozen, 40a75; crate, 2.00a5.00: Lima beans, bushel, 3.00a3.50; 100 pounds, 2.00a5.50; oyster bunch, 6a7; parenips, bushel, 3.50a3.7 peas, hamper, - vers, crate, 2.50a3.0 pep. : pumpking, each, ipinach, bushel, 75a85; squash, crate, |I)|33hel. 3.00a3.50; lettuce, bushel,-35a '!.50:13.00: turnipe, bushel, 70a75. 1 a. ; tand Ofl of Kansas, ext., 30 1 | taud. Oil of Indiuns, q., '$1..Nov. 10 —————e PARIS BOURSE IRREGULAR. PARIS, November §—Prices moved ‘rregularly on the bourse teday. Three aer cent rentes, 53 francs 80 centimes; exchange on London, 5¢ francs 80 cen- imes; 5J/per cent loan, 80 francs 20 :entimes. 2 i6!2 centimes. OHIO OIL ADVANCES. cents in prices rude 0il. New 20; Elk i 3 cents, and ‘The dollar wus quoted at 13 francs| v NOVEMBER 8, 1921 _ light receipts and actlve market, prices yesterday 'on steers ranged unevenly from 25- to {0 higher. There was a very light supply- of market on hogs was slightly higher, while the run of calves was light, oads for market for the week. Steers, choice, 8,00a8.50; good butcher W, . Sheep, 1.50a4.25; lambs, 5.00a 9.75; few extra lambs, 10.0 Calves—Recelpts for week ended noon yesterday were 1,555 head, against 1,861 head last week. Calves, ind Elec, pfd.—10 at @ ngton Gas Light—3 at 407, 5 at 497, W 5 at 497 . AFTER CALL. Washington Rwy. and Elec. 45—$1.000 at 81, '$1.000 at 61, $1,000 at 81, 1,000 &t o1 $1.000/at 611, £1,000 at ¥ $ 000 at 613, $1,000 at 611, 000 at 6134, 31,000 at 611, November 8lof $7,774,360. -Construction of apart-|3az1y: 5a15. $1.000 at 611, $1:000 ac 811, $5.000 at 614, S ot (Special).—A local broker represent-|ments hhs lagged somewhat, only thir- | Jminach: mashor’ oobes, hushel, 65a75;) 5,000 at a4, 5,000 at 011, ! Washington ‘Gas 55—$1,000 at 2, $1,000 at a1 TRUST COMPANY. American Security agd Trun! Coutinental T, SAVINGS BANK. | fommerce and Savings . | East Washington rehants’ Beventh Street TUnion Savings . B. Bavings . Washington Meciagics' - | FIRE INSCRANC American T Columbia Ttk ! Real Estate . | Maturing 1985 to 1043 fncl. When You Invest in They give you freedom from worry and annoyance and 7% Many expensive d;:lmagc automobile insura;lce poli- cies the Josses so sustained are promptly paid by us— NOT BY YOU. = B. F. SAUL CO. Automobile Insufance @ C —] salmon are ed N .’ 3 ! * EFFECT OF TWO HOLIDAYS SEEN \ifebabeirt sttt Grain, Produce and Live Stock \ LIBERTY BONDS . v _ P far exceéding the supply. In other( ° - i : ‘ : 4 Jfrast on real o ! IN NEW YORK AREA'S TRADE [y st nt¥2"ia J':_s"“‘o?' B s e N Joscphl Weller Bgs S| Liberty YOUR SAVINGS IN 26a26; keatd, market bef ) esord il iniy Totaling ‘onlz Sbod| Dreared poulteyioeh Kiled, meing | et e ing avou: sieady on , I OUR SAFEGUARDED 1 30 3 Vi 0 e : Account of Fine Weather—Con- 147,500 cynen, Tho pack in other went | Dreseed poultry—bresh kllsd I8 ooy *'With "o fair.” supply Toronto National Capital ! 3 1b., 40a45; keats, young, each, 60a75. | While the ran of chives was WEUG ° d" = i e =) 5 11, per 1b., 12a13. ” % tions Elsewhere. Greater Gains Expected | Lie ot St uolee her | L e we IOOWE oy cnaca Onario) b 3 Nort i 13; lambs, cholce, per Ib., 8389 | 1oon yesterday were 2,604 head live hogs, 8%. 7 ol s Gold 6% Bonds b BY JAMES ALLERTON. clal).—Orders have been received here In "OflhWOSt Trade Shortly Green frults—Apples, per bbl., 4.00a | 'EaINSt $.271 head last week; 96 car “(Authorized by Act of Congress) d 5.75a7.75; medium, .50; common, Di al obliga- NEW YORK, November S.—A rather | Steel Company’s plant. This was | Special Dispatch to The §tar. lemons, per box, 3.00a3.50; Californis & ;'75%5"c0} .2586.75; irect gener: g2 . ull week in both wholesale and re- | bullt In 1388 and turned out approxi- | ST. PAUL, (November $.—Business |oranges, per crate, G.50a%.50; grape. | $128350; helfers, choloe, 6:23a6.70; tion of the second The Full Strength of Our Reputation i mately 150,000 tons of ingots rolled|in tho Northweat, which hus been|trylt, 4.00a4.50; Florida oranges, 4.00 | i to Eood, 0.20a600: common to largest city in Canada. o e e e e e, if | mto_shelll and tin' bars, angles and |siowly -improving. for tne last Tow las'; £50a5,00; Talr - to’ £00d, ” 8.75a4.35} Price 100 and interest For Safety Is Behind Our Investments of the two holidays, when little, if I gkelps. About 700 men were em-|months, is expected to show greater Vegetables—Potatoes, new; No. 1,{cp0en00i | mem:l" '55’00;3 50+ CoWR, e v an ness wi ransacted. | ployed. "The blast furnace of the[gains in the next few weeks as a re- | per bbl. 3.00a3.75: per rack, 5.508.75: wedium, 3.00a3.50; 3 G ) ) y, business will be t P . 75; D 3 choice, 4.75a5.25; fair to good, 2 6% ‘ : . Wholesalers: and manufacturers | €OmPany will remain. n:lt :z;:xg;;-;uh:r :lning t‘he leflect -:g sweet potatoes, per bbl, 2.5083.50:( 450 common to medium, 1.50a3. i Yielding 6% Our 8% First Mortgages possess the same wide margin of «~loged their places of business today, Prait. fv.,?m.'}.'mr;u‘hfl:%:; Fisancs Core ‘ié#Z‘E"m:‘:fi;fi"m‘,":,‘.I:‘ég'.li‘i,‘f‘;“"' shkeex» d&l&d llmb&—F{e;flslpls for! (For payment in U. 8. funds) safety that has characterized our investments for almost half hut many of the retail stores were — 4 «.|poration. Bankers and business men | er_ doa., 75a1.00; romaine let- | yass hong luenoon Jesterday —were: Circulor on regucst a century. Safety and prompt payment of principa! and inter- «pém, although some closed after hulf | diat) e Tha torss prnoy Gobor & (SPe-|assert this monay will find its way | nars a rom: 5353 hewd, against 32,795 head last; routor 0w, 79 ry. y prompt p est assured. N tons, about the same as that of last " . A Hoge—Receipts for ended ‘fhe National City Compan: i i . Den on next Friday has not yet becn |scason. The market is barely steady. | pas “shovwn o tendoney e oy JYe jabbage, noon yeeterday were head, | flleh?lhll -E?sfll s'.PN ‘{, _ Unusual demands for investment capital ;"‘fi‘“““ :‘]"."“ nade, The ralsin yield, despite the frost and ! gnolesale busineks continues to gain ; 0Sr% 5:0025.50: cxgplants, per crate.{against 13,468 head last woek. Lights, Washingto 5 VY2 sary building construction enabled us to get 8% for our clients. sIhe heavy busing of print cloths |some rain, is estimated at 125,000,000 | This s especiaily true in the case of | ;-0024.00; tomatoes, per box, 2.00a|9.30; heavy, 8.70; medium, 9.00; pln.] . Teleph.. ¢ iain 3..6 . . las fallen off in the cotton goods!tons. heavy -outwear, ;which is enjoying a|,00; beans. 1.5023.00 per basket; lime | 9:20: light plgs, | 8.608.75; rousns, g The present opportunity to secure safe First Mortgages sharket, although_jt is believed the brisk demand, ‘with prospects tnat]Peans. 50a65 per quart; sprouts, 20a25 | 5.7547.25. slump 18 only temporary. Houses ca- Clothing. this week will'show the largest vol- |PeT Quart. \ of this high character will not long endure. NOW is the time to safely vest your funds at 8% ever a L 5 less at- Dossibio strike of the coat and puit{the middle west declare that orders | SENdy are running amost at capacity | | PALTIMORE, November 51, (Sps-| £50a13.007 extra, 1258, geriod of vears'when relavestments must be m . A irade mext Monday, when manufac- | for spring business have been fairly and for. shoes this fall has| fal)—Pc 1 , 3 ; 1 5 ¥4 i de- | been exceptionally good and factorier 0%9a3.50; No. 2, 1.50a2.00; 100 pounds, % . T e Pt & Dlece e ran "Seave. ‘Small ‘marein ‘of | found. thelr stocks excesdingly low | L89a210; swects and vams, "hrser;| Washin Good Judgment Call or send for list of attractive offerings and booklet. S b o ol POy semorn P Bl N R e e il FIRST THE E. 1L SMITH COMEANT ntinued unabated on account of | ©f the jewelry trade. These are of cucumbers, crate, 2.50a3.00; cge- S T e ot e 1 MORTGAGES | 815 ruteenth Street cellent weather. and the demand :::]e:dil:;n ‘:?::I,l:‘lleu;:lfle(!:“:§ flehlm:: 4 - Notes. olants, crate, 2.50a3.00; horseradish, ~—FORTY-EIGHT YEARS WITHOUT LOSS TO ANY INVESTOR— 82, 8500 at 82. : *'pecial Dispatch to The Star. the entire output of a West Virginia | put up go far.” Real estate men declare ;| Washingt, .—10 at i PITTSBURGH, November $—Busi-|mine, estimated at about 10000 tons the building done this year will enable | vo. % 4 300s sas o Tarmics, 2:33;'{88; GO Temction 0 s Pl 10,8 | ncss in Pittsburgh and in the Pitts-|a month, for the next five montha at|the city. to housé 10,000 more person g 2 2'50; 2|, P E., G. M. and ret. 7a (W. 1.)—$1,000 ut In Denominations of $100 g oose, 100 pounds, 2.00a2.50; cran- [P | ] burgh district generally has slowed |2 price said to be in the neighborhood | this winter. A-mew record for garage | serries, barrol. 1o 08 sy B s Gai 07aE 48 { and Up Thi There are many people who buy and hold |; Tp somewhat following its carly|of $1.85 4 tonatthemine. | was establishiod, 3,337 having béen con- | *‘Grapes, busket, 33ask. grapetrute, | SLALTELo: Gts Thiesaom at 1 . 18 stocks for a long period of time and then flat- |°| spurt. The scope of commercial ac- structed. hox, 2.50a3.50; oranges, box, 3.00a BOND:! i Safety is unquestionable i Booklet th ves on taking a profit which does &l 1ivity is still restricted, the retarding ; Rice. LYNN, Mass., November 8 (Special), | 4.00; pears, bushel, 1.50a3.25; pine- S. when placed by - ooRrle ter themsel the k lactors being the extent of unem-| SACRAMENTO, Calif., November 8|Shoe manufacturérs of Lynn announcec | \pples, crate, 4.00a6.50. Bid and Asked Prices. o not even cover the interest on r money. i »loyment and poor collections. The | (Spesialy today that unless they are able to ob-| All deliveries of lard and ribs sold e b nl L will i « mplovment _situation, however, is|crop is p tain labor at lower costs they will! oday at a new low price record for ' Shannon & Lu i 1t is sad enough to be fooled in speculation, : pproving. the number of those out|ditions and the market is improving, | close their factories permanently. Al-| he season. Anacsstia and Potomac 5s..... ) Help but it is sadder still not to realize it. i 1 Jobs having Deen lessened by re-[with considerable demand for export, | ready four factories have shut down| Potatoes—Steady; receipts, &9 cars: | nacosi Potomas wuar. fe. Main 2345 713 14th St. | iumption of several more mills andfalthough prices continue only fair. |and other 8 are preparing to close | otal United Stales sh'pments, 667; | Checapeake and Potomac Tel | You iactories. shortly. on_shoe workers have de. i 10rthern white, sacked, 1.7 5 Gaplat 2 e R Bl - el — | Keep on speculating, if you want, but put . Building activities have decreased clined to accept a wage reduction ot | bulk, 1.7582.00 cwt.: sa xed, Georgetown Gas_1st Gn. part of your money into Phillips’ First Mort- :lichtly because of the approaching| npie YORK, November 8 (Special). | 20 Per cent.proposed by the manufac- | iver Ohio, 1.50al.65 cwi.; sacked ]y R R. 1 8 Real Estate Notes, an investment that is +old weather. Mine and mill supplies s n s | turers, who declare that shoes made in | daho russets, 2.50a2.60 cwt. Blectric Light 4 gage Rea are moving a trile more freely, but | Sales officlals of the Durant Motors | g Yoy gt lower lubor coste ars com Electric coge, i independent of stock market fluctuations, ¥ 1he hand-to-mouth character of this|SoMbany cstimate that the required |peing sold in Lynn at retall storer DAIRY MARKETS. Poromac: Fiee Duwer. 08 backed by well-selected first morigages on }‘.m,',"‘fl"',',,s;'.',',,”‘,”i"“??j‘”.‘"‘ ullaach‘l!nv;ym“, nine months will be 140,000, ex- | {OT cheaply than they can be made| BALTIMORE, November 8 (Spe-|P B Pr. G. 8. & v, g Washington Homes, and paying 7 per cent. | 1000 trade is limited, The rato of|C1uSIVe of those sold for export e 3 SAST: Door and White Touherme: 154 | Washingn Uhs T ” it 5 sperations in the different miscel- | — 25° old hens, 24a27; small and white | Washington Itwy. an Ask for booklet “A,” it's FREE. Yaneous industries in this section is s s i eghorns, 21a23: old roosters, 15al6. | " 2> X®¥. and Elec. Nurying from 30 to 80 per cent. ROCHESTER, Minn,, November § Ducks, 20a27. Geese, 22a30. Turkeys, MISCELLA | There is u noticeably more active | (Special).—Bakers here have an- 10a40." Pigeons, palr, 35a40. Guined | RjEZ3 Realty Gs dlong). | “emand for bituminous coal, butjnounced a reduction of one cent a ‘owl. each, 40a80. Wasnington Morker ort3 ogge o11°. | 0thing brisk has materialized. This |10af for bread. This makes the price 3 Eggs (loss off)—Native and fearby | Washington Market 5 ; i WI“m S. P ps | 3iidue, in a measure. to the uncer- far the 1{:-':"13"'.'51313..."’".'{.‘ {i a0 e Irsts, doz., 59a60; southern, 57a55. [ W. AL Cold Storage i B ty o v v, v % A . - gl Sirhke, T Briots Sror emiybability ot & [Cities at 6 cents, -the lowest price gtk e DO Look Out for Call, Phone or First Mortgage Investments | Jiigher. repched in eight years. ‘4a45; ladles, 30232; roWs, 27a30° . Write for it 1409 New York Ave. Main 98 [ o0 steel there is still a.feeling that b Hore-paciked. 31 dalry prints 38a30; ACCldenh THe,jor | the return to normal conditions is| lowr. . rocess butter. 35a37. - . «uite some distance_off. MINNEAPOLIS, November § (Spe- CHICAGO, November §.—Butter— s, Steamboat. 1821 F aibd : Lower; creamery extras, 43; firsts, 35a o Rec o vi % Commodity Reports | they nave been in five years, HibHigher Prices Scored on | scconas, s2a34: standards, 55 o I8 S . i : { 1] hsr;i!“l; ares;ruolin. ]h.mlly patents at s Eges Cnsettle recelpts, 7.44346 Ametican suits and legal complic3- |1 3 2 . to and milers report busi- ases. rsts, 01 ary firsts, 43a | Capi From Various sectlonsj,.m oxceeungly dulrRecaners onq | BONAS and Stocks—$2,000,- | 155 miem e ord! Tefrigerator | Cofumt tions arise from Adtomo- il i | stocked up In anticipation of & pos- = R Frerrneralon Arate; 35 Distmee ) ° AMUEL UNGERLE[DER & Co | PITTSBURGH, November $ (Svew:\:fl: ot Tnthe 'flfik:fim Aeore ,Om Is Impounded- TR Harmere bile Accidents and Col- = clal).—While there has been an im-| DY, X AL FLEMING. | DIVIDENDS DECLARED. verty iz i k [ rrovement shown in the steel output | Glass, ! P | Stock of - | dincoln © lisions. i Brokers 7 in this section. many of the larger | APIRTSBURGH, November 8 (Spe-| Business® on e ool Stock £X- \erioan Yiecord. able. | ftga N illard Hotel i igadiaty | c1ah).~The glass industry in thig sec- | change 'was very active toda¥, trans. | "n-e" o] Dec. 31 | Second ” 2 s 607 Wi I or er"f';;le?)o:’hen‘r;’!‘:n?:’ ton has picked up materially due tc |actions in bonds totaling $48,000, and | MAndard O of Kanka oo 13| Washington If you own one of our ew Wi ote i Mezzanine Floor James Sloan, Jr., Manager MEMBERS New York Stock Exchange Cleveland Stock Exchange urgh Stock Excha Columbus Stock Exchange e - i Oh"i{o:go Board of Trade Telephones Main 3364-3367 LeaderyNews Bldg., Cleveland, Ohio New York Correspondents LOANS ON 1 3 A f Commerce, Columbus, Ohio ERIADELEMLY Sovember § ope, | ram, This “markd Sordipbont | Yot St Saone. | 1 OHI0 OIL ADVA = 1412 Eye St. NW. Chamiber'of Commercs, | cisD).—The Phildd a Lo v ecidedly In r [ _FI Y, Ohio.-November S.—The | Firemen" - . all iglitz erry Company has awarded contracts | the lust Week or fen daya, buv are | froetios. Cragia) (4 i E8IR Of the {onic Oil Company todas annonnony | Keimes Ui Man 2100 il J. S. Bache & Co. and Halle & Steigli ‘ 1 ferry boats for the | still somewhat under those for the | . tcuol. Cagltal Traction 5r also Man - - cek, $1 Big Muddy, $1.40, $1.90, Loth increased id Lance Creeh, cents a barrel. in the securities of the public utllities | company. ' ! Mergenthaler Linotype . With the Big News? Events that will stand out in the history of the dependett in its action. Twe Millfen Impounded. The. impounded ' fund accumulated by the Potomdc-Electric Power Com- pany..under orders of the court, in the matter.of the legality of the val- uation. made by ‘the Public Utilities Commission, now amounts to over here of the American Gas Associa- tion at the annual convention of the lA’)P‘Inl:lllofl said that the United States will face an oil famine which will restrict the use of asutomobiles and Increase the cost of gasoline, un- less immediate steps are taken to increase the supply. The committee had made @& year's survey of the oil TWO HOLIDAYS THIS WEEK. BALTIMORE, November 8.—Today is a general holiday in financlal cir- | cles and all banks aro closed. The New York. Stock Exchange and the local exchange both observed the Star_Office. Address Box 258-M, 15 Years —without the loss of a single penny in either principal or interest is only one of the many Utmost investment strength is obtained by select- ing first the form of security most noted for its s_afcty. then choosing the most reliable and most experienced house through which to make your purchase. ! . 4 = i e ch Market com Accountant and office menager, thoroughly The New York. Stock Exchange and —— 94 Druteh | M el d [omer - New Yoric ‘excnangen” wers| FEAR AN OIL FAMINE. | Zaench ider, proposis o vevpousbis Soe o : | York oity, - figction day. In New| cpycAGO, November 8.—A report | Wemme: reqnite such services and can appresiate s T The 10¢al market was therefore In- made by the gas and oll committee ability and hitiative. ; world for all time are about. Washington. r $2,000,000. The Supreme Court must ooe T HOF (iavestors _to, (buy pass on-the question before the title to"this.large ftnd is definitely settled. Under, court orders the millions held situation. The report declared that a duty on petroleum would curtafl shipments from Mexico .and greatly aggravate the situation. % holiday, but the Chicago Board of: Trade will do business as usual. e Fri- day will also be a general holiday,’ Gov. Ritchie having so proclaimed it. to take place in Our First Mortgage Notes are secured by improved s il Washington real estate—a security universally known Mosty important among them are: Burial of the Unknown Soldier at Arling- ton. . = . Assembling of the Conference on Arma- ] ment and Far Eastern Questions. 3 Gathering in this capital for these occa- sions of many of the leading statesmen and military men of our day, men whose E " names are written large upon the pages of history. To furnish all the ‘news of these important events, The Star has-the services not only of its own large staff, but also of many American cor- ' respondents brought here from the foreign capitals - to which they are regularly assigned. Backed by their familiarity with the political questions and the public opinion- of foreign countries, their i acquaintance with the delegates from those coun- tries and their training as American newspaper men, they are especially qualified to obtain and write all the news of such ‘international im- portance. : 3 3 y Keep pace with this big news by subscribing to . The Star . Daily and Sunday, 60c per month. Delivered at Your Doo_r.‘ o mda - e i By Mat} ’—!nylul and Virgiia, 76 .ut; per meath, All other wtates, S5 cents per month, 7 1 & the three big editions to be is- mdNoumba-m,lla\ldR Special Rotogravure Section with the Armistice day issue. The others will contain many special articles and i [ in escrow, if réturned to the thou- #and and on?d’ consumers, on an ad- verse. ruling-of ~the highest court, must bear ‘6, pér cent interest. The Potomac Electric Power Company has invested the cash in Liberty bonds end Tréasury xcert'ficates. The vietéry of the company in the appellate court has greatly encour- aged the officials and directors of the compeny in 'their belief that their position: in th® matter will be sus- tained.and this‘ large, ripe melon will s available f6r whatever purpose the directors may-elect. Some of the ‘latter, especially inter- ested in’the common stock, are known to tavor thé detlaration of a dividend to 'the ‘holders of these shares. The application, of the Washington Loan: @nd +Trust Company for full membership in'the Washington Clear- ing Housé Association has-been re- ferred to » §rs. Starkey, Poole, iflunn. Corson And McKee, who will meet Thursday to consider and rec- ommend -té\ *the ' association’ what actién'shall be tiken. 28 s _house member! banks 90 -members of the federal resetve.systemi, and it may be that memberahip. may. be insisted. on for the Washingfbn Loan and Trust Com- pany as a condition for full martici- pation ufl a member in the flivi.legex of the Clearing Hpuse, Association. I A noli-m“e’mber bank cannot borrow or cléar. dirdct through the federal reserve bahk, - but only through a member bank; a'member bank must carry & heavy reserve with the Rich- mond reserve institution, upon which it recéives no return, while the same -with a national bank 1y, receives interest. ent- was very favorable to iln lmuflon‘;, é’: the Wllhll'l‘l:;l! 0an Trusf pany, one of the cubatantidl- old-tims, - high-xrade financial .institutions of Washington. A Suceésstal R. B. Bolling, president of the Com- mercial National Bank,. isventhusias- tic in speaking of the new insurance plan adopted by. the bank in connec- tion with its savings.division, known as the “insuréd savings plan.” Under, this plan the savings depos- itor. makesregular periodical depos- its of.a statéd sum, no -limit being stated, continuing for ten years, when the bank répays the deposlis, plus in- terest,- Dlv.ln{ the premiums on the life insuranc licy -as they mature from m,d,fifis:\ In the event of Qeathof ‘a~ itor, even after -but one piyment, the. full amount the de- positor - had to save will be paid, plus the full amount of savings to thé.credit of the depositor. *: lent protection to the extent of fear”on "each $1,000 unit is by which the continuity of or st comi deposits will bs maintained. . limits are fifteen to Afty; medical ex- % S ‘amfiationsa¥s - not wi s I'rhoiin)ur_’ufl 'u&np‘l'z.’ro‘u 3 .g‘ worl g i MEETS NEW OIL PRICES. TULSA, Okla., November &.-—The Texas Oil Company has met the new prices. The Gulf Pipe Line Company of Oklahoma adhered to its policy of paytng & premium for high-grade oil |Jnd posted a Pprice of §2.25 for Kan- sas and Ok%ahoma oil of 38 degrees lgravity. Baume, Healdston and sim- iilar oils of heavy, grade are not af- itected. CRUCIBLE NET LOWERED. NEW YORK, November 8.—Crucible Steel for the year ended August 31, 1921, reports net profits of $5,647,245 after charges and .taxes,” equal, after preferred dividends; to $7.59 a share earned on its $50,000,000. of common stock, in contrast to $11,780,021 net, or’$20.06 ' a 'share, in.the precedin year. Assuming that all of charg of §4,675,0681 is attributable to 2 fiscal yeaf, the company’s profits for the year-ended on August 31 were $972,177, or $3,88 a share on its pre- ferred stock. —_— WOOLWORTH SALES INCREASE NEW YORK, November 5.—F.. W. Woolworth Company reports salcs_in October totaling $14,406,922, an in- - crease of $1,164,503, or 8.79 per cent, | over October, 1920. For the first ten months of the vear its sales Increased 3.18 per cent over the corresponding period a year ago to a total of $110,- 355,604. With district surveys indi- cating definite improvement. officials of the company look for November and December to be £1e two biggest months in-its history. They predict sales in the last month of 1921 will be close to $25,000,000, compared with $21,000,000 for Becember, 1920. Noi| i R B B . -COMMODITIES STILL SOAR. . NEW YORK, November 8.—The. re- covery. of representative commodity prices, which began in June, contin- ued in October, according, to Brad- street’s, and on November 1 the index number representing prices of thir- teen groups of products was 1.4 per. cent more than that of October 1. Between June 1 and November the advanee was 7 per cent, but the No- vember 1 index number was 20.7 per cent less than that of a year before and 43 per cent lower than that of Nove er. 1, 1919.° Comp: at of November, 1915, the pumber ‘was 8.6 per cent more, and the rise from August 1, 1514, was 30,3 per cent. é;sh! groups of ecomms ess ad- vanced in October, three ined e 06 ::.pee{l,n ;‘1“ 7 lucta out of = Elined and 47 did not chauge. steamer ‘Lafayetts ‘of . the P;::h Line h_n-un'iv’e‘dz with about $4,919,000 o gold. . £isd With only four trading days, bro- kers are cxpecting little o the way jof stock market activity this week. l ‘The New York Stock Exchange, the Cotton Exchange, the Consolidated Exchange, the Produce Exchange the curb market were closed today account of election, Friday, Armi- stice day, aléo will be a holiday, and as well as all 111 be closed. i VISIBLE SUPPLY OF GRAIN. NEW YORK, November 8 —The vis- ible supply of American grain shows the following changes: Wheat. 56,495,000 bushels; increase, 162,000 bushels. Corn, 18,891,000 bushels; decrease, 44,000 bushels. Oats, 69,998,000 bushcls; increase, 81,000 bushels. - - . Rye, 6,319,000 bushels; incngase, 314,- 000 pushels. * Barley, 4,048,000 bushels; decrease, 162,000 bushels. —_——— Money . In Any Sum Our connections locally and in other cities enable us to fur- * nish money in any amount for Washington Real Kstate Ene terprives. [ Stone & Fairfax _ l133 N. ¥. Ave. Matn 2424 i l 1 - —saves a part of his regular income against the day of ad- versity. The-Equitable helps savers, 7 824 Tosne of Stock ¢ Betag Received Shares, $2.50 Per Month. 4 Per Gent Interest ‘15 FSLNW. - Gilt-Edge First Mortgage Loans Xo_Investment Better, Few As Good. Send Par full detals, Corti fled titles and insurance pol- icles furnished with notes. Conservative, courteous con- sideration to all our clients. Notes from $250 up to $10,000 Now on Hand Chas. D. Sa iger Loan Dept. M | for its safety. Back of every note issued by Swartzell, Rheem & Hensey-Company is the long record of 52 ! years without loss to an investor. Swartzell, Rheem & Hensey Co. 727 15th Street NW. ~Washington, D. C. The Nation's Home Town | 52 Years Without Loss to an Investor s National Delegates to the Conference for the - which has been doing business. for over one hundred : 15thtSt., Opposite U:S. Tucm—lq Years Old ’ Limitation of Armaments —and Other Visitors in Washington' —are invited to avail themselves of the facilities and service of Washington’s OLDEST National nk, years—nationally and internationally—and is pre- pared to serve its clients throughout the world, as well as locally, with promptness and efficiency. CHECKING AND SAVINGS ACCOUNTS INVITED FOREFGN EXCHANGE qB(IgIOJngIEQ%D SOLD FOR CUSTOMERS DEPOSIT BOXES 2 gfii%’ELER%‘ CHECKS AND.LETTERS OF CREDIT ISSUED COLLECTIONS MADE THROUGHOUT THE WORLD 3 ORDERS EXECUTED FOR PURCHASE & SALE OF SECURITIES - Open at 8:30 AM. Every Business Day Metropolitan Bank . Orgunised in 1814 . Capital, Surplus & Undivided Profits Over $1,500,000