Evening Star Newspaper, June 12, 1922, Page 18

13 * ! e S = L= NEW ENGLAND BUSINESS SHOWS SLOW. STEADY IMPROVEMENT Textile Strike Tension Seems to Be Less- ening—No Let-Up in Building. Outlook Elsewhere. Island mills tell the same story. No Al Diapatot 6o e tan f»uemm has been made as yet to STON. June 12.—The long drawn- | operate the mills, at Lawrence, Mass. e % The long shut-down of the New Eng- a textile strikes see land textile sirikes s¢e™|lana miils and the advance in the he big New 'phrices for raw cotton are bound to which mean higher prices for cotton goods a been gain- | little later on. pite some ness in HY EDSON B. SMITH. down shire cotton mi 1 last Monday. have srkers steadily, de lons of violence or Ope re- general continues to apparent change from week but from month to month ' THE EVENING STAR, WASHINGTON, D. C, MONDAY, JUNE 12, 1922.° the galns are very easily observed.|patching cars to loading points for|ranging between 13% and 14 cents. The morale of New England business men {8 & good deal better than the present conditions would seem to warrant, (ut all seem quite confident that within a short time they will be in the midst of a period of consid- erable activity and profits. ‘There I8 no let-up In bullding opera- tions, and there Is a general feeling in evidence that the building boom Is likely to last several years. The pa- per manufacturing industry is show- ing steady Improvement, while the woolen mills are fairly busy and higher prices for woolens are confi- dently expected. Texas Wheat Movement Makes Business for Rails BY JAMES R. RECORD. Special Dispatch to The Star. FORT WORTH, Tex., July 12—The heavy movement of Texas wheat to market began this week. All terminal points will be flooded by June 18 un- lpss prices should decline materially and the growers refuse to sell in con- sequen; Railroads have been dls. ever built— Marmon has reached its goal —its finest models at the low- est price in the history of this series. This isdue to increased demand, lower production costs and an efficient factory. And simultaneously®comes Standardized Service, a new economy in maintenance. T 1501 Connecticut Avenue Telephone North 7853 Yet Only $318 . V. T. MOTORS CORP. At Dupont Circle NORDYKE & MARMON COMPANY Established 1851 INDIANAPOLIS Vast Volume— or Quality? could not be a Reo. price alone be the goal. A policy of “Volume First” renders impossible that close attention to de- tails—that care in assembling—and If a Reo motor car were built to com- pete with the rank and file of auto- mobiles on a mere price basis—it Because vast volume is essential if the rigid inspections and tests that each individual Reo must pass. ¢ price—class. The eye of the expert sees in a Reo a thousand details that are done better —and he sees depth as well as beauty, in the finish of a Reo. 14th STREET AT P Main 4173 Consider Reo in the quality—not the Then you will compare Reo with the few built for the approval of the Elect —not the many built for careless, or inexperienced,or short-sighted buyers. At the Reo price you obtain—and the Reo reputation guarantees—vastly more than the slight difference in _ price between Reo cars and the rank l and file of mediocrity. o The Trew Motor Co. . F Distributors > 1 Reo Motor Car Company, Lansing, Mlclngan | i \ | junfavorable weather conditions in- ten days, and ample rolling stock has been provided to move the harvest. Preparing these cars has meant much added work in the shops and the em- ployment of extra rallroad crews. Employment ters are gradually filling their quotas of the amount of labor demanded by the farm districts and surplus workers have been ab- sorbed to a large extent. Statements gathered today from executives of | the Texas and Pacific, the Atchison, Topeka and Santa Fe, the Fort Worth and Denver, the Rock Island and the rlnourl. Kansas and Texas rallroads n@icate that the best crops since 1919 will be harvested along the lines of those roads in the fall, unless tervene. The data indicates that corn, cot- ton, grain, berries, fruit and vege- tables will be better than at any time for three years, and preparations for the movement of frelght are being made on this basis. Frisco Area Business Continues on Upgrade BY LYNN C. SIMPSON. Special Dispatch to The Star. SAN FRANCISCO, June 12.—The market is bare of canned fruits and the trade situation in canned goods is most uncertain, as the big packers are holding back their opening prices. The cherry canners are now busy, but apricots are ripening slowly because of the cool weather. There are in- dications that the pack will be very heavy. A revival of European de- mand 1s reported. General business conditions con- tinue on the upgrade, in spite of the vacation season and_ the holiday preparations for the Shriner con- vention. The demand for bonds and investment securities has slowed up somewhat, but federal reserve bank resources and deposits have register- ed further increases. Unsettled labor issues are holding back building here to some extent and there s a short- age of skilled artisans. The California wool clips have been pretty weil cleaned up and the aver- age prices are reported to have been about 38 cents a pound unscoured. Mtfch of this wool i being forward- ed by water to the Allantic seaboard. Salesmen on the road complain some- what of a falling off of trade in the more sparsely settleq districts. Notes. LOS ANGELES, Calif., June 12 (Spe- cial).—Work was started on the new $500.000 Walker terminal, being built at Los Angeles by the harbor de- partment. New wharf will be leased to Madden Lilly & Co., local agents for several prominent steamship lines running into this port. XEW BF ORD, Me., June 12 (Spe- cial).—The American bark, Eugenia Emelia, has had passenger accom- modations installed, and is ready to start on her first voyage from New Bedford to Cape Verde Islands. The vessel will be operated on a regular schedule, carrying freight and pas- sengers CAMDEN, N. I, June 12 (Special).— A crew apanese naval sailors are on the way to Camden from the orient to man the newly launched 20.000-ton fuel supply ship Kamoi, built here for the imperial Jananese navy. Pa., June 12 (Spe- n of the tie-up in the anthracite industry has caused a further decline in volume of busi ness throughout Wyoming valley There is no telling as vet when t suspension of work fn the mines will end. There has been a decided fur- ther reduction of savings deposits in the banks in this section as a con- sequence of large withdrawals by the families of miners. Buying of investment securifies continues here in good volume, however. Commodity Reports From Various Sections Paint. NEW YORK, June 12 (Special).— There has been an excellent business here in paints in the last waek. Vol- ume of new construction is heavy and there is a decided tendency to repaint many buildings. Pigments and colors are active and miscellaneous paint materials are moving in good volume Prospects for lower prices are small during present season. LYNN., Mass., June 12 (Special).— Manufacturers here have started their salesmen out on the road and have cut prices to lowest possible mark in an effort to secure business. Automobiles. ELIZABETH, N. J, June 12 (Spe- clal) —Durant Motor Car, which has bought the Willys plant here. is not sxpected to take over factory until sale has been approved by federul district court. Clothes. CHICAGO, June 12 (Special).—Al- ciety Brand clothes, ‘have announced to their customers that they will ad- vance prices on their fall lines 5 per cent to 10 per cent within the next few weeks. Shirts. NEW YORK, June 12 (Special).— Orders received from salesmen on the road by local shirt manufacturers have shown a decided improvement over last year. The most notable in- crease was in dress shirts. Fish. SEATTLE, June 12 (Special).—Pack- ers of Copper river sock-eved salmon report that the run has been a fail- ure, and several have withdrawn all prices and offerings. Stlkn. PATERSON. N. J. June 12 (Spe- clal).—Salesmen returning after hav- ing visited the trade throughout the country report stocks of ribbons in hands of jobbers and retailers ex- tremely low. They are not placing many_orders at present. but sales- men declare that they will be forced to buy heavily in the near future. NEW YORK, June 12 (Special).— There is an active demand for Shan- tung silks, which are extremely scarce, as the import period for Shan- tungs has passed. Many grades have recorded advances in price. Suga: ATLANTA, June 12 (Special).—The retail price of sugar here has been advanced during the last two weeks from nineteen pounds for $1 to six- teen pounds for $1. It is selling in Augusta, however, at twenty pounds for $1. Copper. NEW YORK, June 12 (Special).— Some excellent orders have been placed in this market for the red metal the last few days at prices OFFICE SPACE The E(Ilnmonds i Building 911 15th St. NW. ‘Washington’s Newest Office Building fred Decker & Cohn, makers of So-|Wvak at tho outset Exports from New York have been fairly heavy. Radlo. SEATTLE, June 12 (Special).—De- mand for all sorts of radio telephone apparatus has suddenly dropped off after a perlod of heavy buying. Cheaper ‘outfits are advertised at bar- galn prices. Canned Goods. NEW YORK, June 12 (Special).— Canned apple sauce is in good demand and is almost unobtainable. Jobbers are making inquiries for future dee liveries because of strong statistical position of spot market. Iron and Steel. BIRMINGHAM, Ala., June 12 (Spe- clal).—Two Birmingham iron makers have advanced prices to a $20 base for fourth quarter and have made several sales at that figure. The mar- ket, however, has not heen estab- lished at that base. Two of the largest foundry makers have not an- nounced advances above $18.50. HOUGHTON, Mich., June 12 (Spe- clal).—Cleveland Cliff Tron, which has been operating its Marquette mines on half time the past year, will re- sume a full-time schedule at once. Forces will not be enlarged at pres- ent, but the men at work will be given full-time employment. Ishpem- ing, Negaunee, Gwinn and Republic districts will benefit by order. NEW YORK, June 12 (Spectal)— Gen. Vassauez Cobo, president- of the Atlantic and Pacific railroad of Co- lombia, is in the cquipment market for $2.500.000 worth of cars and rails and other ‘supplies for his road. He de- clares that if deliveries are made quickly the Atlantic and Pacific through Colombia will be completed within two years. Dry Goods. CHICAGO. June 12 (Special).—The semi-annual pre-inventory dry goods sales in this section have brought in a large volume of business and re- ports from salesmen on the road are turning In fair orders. Demand for wash goods has been a feature of sales. Electrical Equipment. PITTSBURGH. June 12 (Special) — Westinghouse Electric and Manu- facturing is steadily adding men to its pay roll. Practically all those who were lald off during depression are back at work and_in some depart- ments night shifts have been put on. PHILADELFPHIA —A number of he: wear orders for next me in this week to Lere, while sweaters for fall and win- ter are attracting a good deal of at- ntion from retailers and jobbers. DRY GOODS VERY STRONG. Buying Orders in Good Volume Over Week End. NEW YORK. ders for mulated week end streng today with firmly for adv standard print cle delivery bevond liveries in many I to command a premium prevailing « s Sheet toth activ: Jema che nd s ‘mand at firm ck prices maintained ins, The raw sitk market tone, hut, has ma time, buvin ity at winter have knitting mills in good v and the m EXPORT BUSINESS BETTER. NEW YORK, Jun it higher quotations f Inter- M American Ret er companies, affected nge in the are belie ht in their bus tive in the credit dep; large exporting firm di the first time in fifteen mor been able to feel t things with firm were soruewhat ! SUGAR MARKET STEADY. W YORK, June sugar market was a little spot and J d at 3 1 to 4.61 of trifugal. baxs of reight. There Cubas July clearance. with outy options to a local refiner at quote prices. The raw sugar futures market wa and prices du the carly operations showed d of 6 to 9 Do under liqui prompted by mora fava pear crop advices. Stop lo were un on the declin but there was a partial rally before mid day, with noon prices # to 3 points net lower. The market for refined was stead and prices were unchanged to 2 points higher. with the range fo fine granulated still 580 to 6.0 There was a good withdrawal d. mand, although new busin: W not quite so active. Refined futures nominal MORE FAILURES LAST WEEK. NEW YORK, June 12—Commercial failures for last week were slightly larger in number than previous weck according to reports of credit agen It is explained, however, that last week contained no holiday. as did previous week. R. Dun & Co. report 440 failures this week. against 107 last week and 300 in correspond- ing week last year. Tradstreet's places last week's fallures at compared with for previous week and 385 in the same week last vear. BOURSE PRICES HEAVY. PARIS, June 12—Prices were heay. on the bourse today. Three per cent rentes, 57 francs 90 centimes. Ex- change on London, 50 francs 39 cen times. Five per cent loan, 77 franc: 40 centimes. The dollar was quoted at 11 francs 19% centimes —_— . ALABAMA COAL LOW. NEW _ORLEANS, June 12—Con- sumers of coal in the south, especially the Industries, are in a much better position than those in other parts of the country, hecause of the relatively low price of Alabama coal at this time. As a result of the strike the country is drawing the coal largely from the non- union flelds of West Virginia, Kentucky, Tennessee, Virginiia and Alabama. While virtually all other non-union dis- tricts are operating at maximum capac- ity, in Alabama orders are not sufficient to provide for full-time operation. BERLIN LIVING COSTS MORE. BERLIN, June 12.—The index figure representing the cost of living in Ger- many in May is announced as 8,462, making an Increase over April of 9 per cent. —The prices of foodstuffs, includ- ing foreign leaf lard, were higher, and there was a marked rise in heating and lighting materials, especially coal. —_— BERLIN BANK STATEMENT. BERLIN, June 12—The statement of the Imperial Bank of Germany as of June 7 shows the following changes: Total gold and bullion increased 743,000 marks, gold decrea: 2,000 marks, treasury and loan association nctes increased 1,079,614,000 marks, notes of other banks decreased 228, 000 marks, bills of exchange and check decreased 57,084,000 marks, discount and treasury bills decreased 3,752,305,000 marks, advances Grain, Produce GRAIN AND PROVISIONS. BALTIMORE, June 12 (Speclal).— Potatoes—White, 100 pounds, 1.25a 1.50; No. 2, 50a75; new potatoes, bar- rel, 4.50a6.50; No. 2, 2.75a3.50; sweets and yams, bushel, 1.00a1.25; No. 2, 50a75. Asparagus, dozen, 2.00a3.00: No. 2, 1.20a1.80. Beans, bushel, 2.00a 0. Beets, hundred, 3.00a5.00. Cab- bage, crate, 50a75. Carrots, hundred, 4.0026.00. Corn, crate, 1.50a4.00. Cu- cumbers, basket, 50a1.00. Eggplants, 1.00a2.50. Kale, bushel, 20, Lettuce, basket, 50a75. Onions, 100 pounds, 3.5025.00; No. 2, 2.50a3.00; Bermuda, crate, 1.25a2.00; spring onions, hundred,” 1.00a1.25. ~Peppers, crate, 1.50a3.00. Radishes, hundred, 1.50a2.50. Rhubarb, hundred, 3.00a4.00. Spinach, bushel, 60a75. Squash, bas- ket, 90." Tomatoes, crate, 1.00a4.00. Apples, early June, barrel, 2.50a4.00; bushel, 1.00a1.75. Blackberries, quart, 18a22.' Cantaloupes, crate, 1.25a3.50. Cherries, pound, 5al5. Gooseberries, pound, 5a6. Grapefruit, box, 4.00a7.00. Huckieberries, quart, 20a30. Oranges, box, 7.00a10.00. = Peaches, crate, 1.00& 2.00. Pineapple, crate, 2.00a4.00. Rasp- berries, pint, 10al5. Strawberrles, quart, ' 10a20. ~ Watermelons, @each, 20a60. Selling Prices at 1 0'Clock. Wheat—No. b red winter, spot, no quotations: No. 2 red winter, wpot, 1.24; No. 2 red winter, garlicky, spot, 119%; June, no bid; July, 1.11 bid, 4 asked. ales—Bag lot of nearby, delivered, at 1.00 per bu. Corn—Cob corn, old yellow, quoted, 3.50 per bbl: contract corn, spo 69%; No. 4 corn, spot, 67%; track corn, yellow, No. 3 or better, 70a7l. 0 sales. White, No. 2, 114 spot, —Receipts, ), range is 18.00 a21.00 for good choice timothy and mixed hay: market firm; supply on ample for trade. 1 tangied rve, 15.00; 1a12.00. YORK, June 12.—Flour—Un- w settled; epring patents, 7.50a8.0 spring cle a6.50; soft winter straights, ; hard winter ights, 7.00a7.40. Pork—Dull; mess, 0a29.50; family, 28.00 0. : miadle west,'12.05a12.15. CHICAGO, June 12—With harvest- ing expected to become general this Lard week in the winter crop belt and with a bumpér vield in prospect, wheat prices goday underwent a ma- terial down turn in the early deal- ings. Bears were predicting a free movement to market straight frem the thresher. The fact that elevator fac s here were still clogged with grain tended further to put bulls at The opening, which from’ % to 13 cent lower, 1.14% to 1.14% and to 1.13% was foll d further drop ats started firmer, thi with the weakn After opening han, higher, July 623 to 623% corn market declined all w Saturday’s finish a_shade to % cent cents, and later ade. on hogs weak- stronger. | Re- . total shipments. Alabama, Louisiana, Okla acked Bliss triumphs,’ No. 1. cwt.; Spaulding rose, No. 1, sadvantage. ranged but s ations s market =4 Texas sacked Irish 60 cwt.: South barrels Irish cobblers, th Carolina Ir Low. Close 1085 1100 1108 118 1 a1 a1 A3% 63% 637 63T f<—$2.000 at $1,000 at 100, 1 Traction—10 at 85%. 5 at 983, 10 AFTER Capital Traction. LL. L O8%, 10 at 98, 5 ht %, 10 at a6 per cent. BONDS. Bid and Asked Prices. ‘BLIC TTILY at 10 at merican Tel nierican Tel Tel. & Tel & Tol etl. con cons, s Deh s 9374 S Pow. G M B 985 Pot. Pow. C.M. & Ref. 7s 1083 Wash. Alex. & Mt. aren 24 Wash, Balto. & 81y Washington 94 S Washington 105 i { Wash. Rwy. “ = Wash. Rwy. 91 MISCELLANEOUS. Riges Realty 5s (long) 92 Riges Realty short). 98 W.OM. Col 58000 9 1 | STOCKS. ! PUBLIC UTI { American Te : & Te Capital Trac Washington N. & W. S Wash. Ry, i 1 { Liberts Lincoln .. National Me National Me! Riggs Second . Washington TRUST COMPANY. American Security and Trust Continental Trust ... | National Savings { Union_Trust.... Washington Loan and Trust SAVINGS BANK. | Commerce and Savings. 5 East Washington Seeurity Savings & Commercial Seventh Street Unlted States Savings. Washington Mechanics’ American Corcoran Columbia Title .. Real Estate Title . MISCELLANEOUS. Columbia Graphophone com. 5 Columbla Graghopione pfd D. C. Paper Mfg. Co.... SEe Merchants' Transfer & Storage iio Mergenthaler Lizotype ... 153 014 Dutch Market com 0ld Dutch Market pfd Lanston Monotype Security Storage TRADING DISPITE PROTEST. NEW YORK, June l2.—1‘rt North American Steel in thi issued” Loy | Rafivay and 3 at 3115 6 st 443, Wasljneton Railvay and wa 10 st 711, 10 at ! Washington Gas Lighi—10 at 55, 25 at 381, Lanston Monotype—10 at 184, ding in “when Dbasis was resumed on the In- |New York curb at the opening of investments } today’s session, notwithstanding the and Live Stock LOCAL WHOLESALE PRICYS. Eggs— Strictly fresh, selected, can- dled, per dozen, 26; average receipts, 25; southern, Live poultry—Roosters, per lb.. 15; turkeys, per lb., 25a30; spring chicken: per Ib., 40a50; keats, young, each, 60; fowln, 24a25. Dressed poultry—Fresh-killed spring chickens, per 1b., 50a60; hens, per lb.. ; roosters, per Ib., 16; turkeys, per 1b., 35240; keats, young, each, 60. ve stock—Calves, choice, per Ib., 11; medium, 10a10%; thin, 5a7. Lambs, ‘;;lflki? per lb., 14als. Live hogs, per Green fruft—Apples, per bbl. 5.00a 9.00; per bu. basket, 2.00a2.75; western, per bex, 2.75a4.25. Californla orange: per crate, 7.50a9.00. Lemons, per box. 3.50a7.00. Grapefruit, per box, 6.00a 00a10.00. Straw- 5al5; homegrown, Potatoes, old, No. 1. per per sac 3.00a3.50; ‘W potatoes, per bbl., No. 5.00a 5.35: No. 2, 2.0023.00. Yams, 1.50a2.50. Lettuce, crate, 75a1.25. Romaine lettuce, 1.50. Cymblings, per crate, 1.50a4.00 Onions, per crate, 200a2.50. Cabbage, new, per basket, 75a1.00. Cucumbers, 0a2.50. Eggplants, per crate, 2.00a 2.50. Tomatoew, per box, Florida, 2.50 .00; Mississippi, 1.50a1 Beans, 6.00 a7.00. Peas, 2.50a7.50 per bbl. Peppers, per crate, 1.50a3.00. 0a1.00. A paragus, per dox., 75a3.00. bbl., 50al.00. DAIRY MARKETS. BALTIMORE, June 12 (Special)— Poultry—Live spring chickens, pound, 50; medium, 40a45; small and white leghorns, 30a40; voung winters, 40a . small and whi ; old roosters, 1 spring ducks, 32a35; pigeons, pair, 35a40. Eggs—Loss off, native and nearby firsts, dozen, 24; southern, 23 Butter—Creamery, fancy, pound, 3%a 381%: prints, 39a41; creamer. ladles, 37a29; rolls, 25a store ‘packed, 25; dairy prints, 2582 process butter, 28a30. 8.00. Florida o berries, p NEW YORK, June 12—Butter— Steady; receipts, 7,445 tubs; cream ery higher than extras, 37237 cre extras (92 score), 36%: firsts (5§ to 91 score), 3313a & stock, current make, No. eady; receipts, 20,852 case: ered, extra firsts, 263%a28; 243,a26; storage packed, extra firsts. 28a29; do., firsts, 26%a |27%; Xew Jersey hennery whites, ex- tra fa candled selections, un- quoted; do., uncandled, 40a4l; state. nearby and nearby western hennery whites, firsts to extras, 30a40; do, hennery, browns, extra, 32a34; state {land nearby gathered bfowns andj colors, firsts, to extras a31 Cheese—Firm; receipts, 2,857 boxes; 26 state, whole milk, flats, fresh, spe- cials, 19a20; do., average run, 15isa 183 ; state. whole milk, twins, fresh, spec average run. 151 Poultry. a42; fowls. 25; 20. Dress: ens, 1b., 30; ials, 19a19%; d ers, 12; turke: v; western chic 55; fowls, 28a32; old roost- 25a52. ICAGO, June 12—Butter — T: creamery extras. 35%a35% 0a34ly; seconds, 26a29; stand 516 Eggs—Lower; receipts, 49,277 cases; . 22a221,; ordinary firsts, 20220% miscellaneous, 213;a22; storage pack- ed_extras, 24; storage packed firsts, 233%. Poultry. alive—Higher; fowls, broilers, 32a40; roosters, 15. ers, 16a19; turkey: c H 22 CHICAGO LIVE STOCK MARKET. CHICAGO, June 12 (U. S. bureeau wkets) —Cattle—Receipts, 24,001 beef steers uneven, most + 15 Jewer: few strietly choice ahout steady; top. 9.50; weight, pounds; bulk beef steers, 8.25a she stock weak to 25 lower; in- cs off most; bulle and S ¥ to weak; veal calves 0 lower; quality considered: bul 5.50a7.3! 4.4084.60: bulk S v to. packers, 10.00a10.50. Hogs—Receipts, 56.000. market ac- tive; light and light butchers, 10al lower; others, 20 lower: top, 10. bulk, '10.10a10.65: pigs steadv, m 9.75210.50: heavy weight, 10.30a10. medium, 10.45a10.65; Nght, 10.50a10. light lights, 10.40a10.70; packing sow smooth, 5a9, pwking sows r?u‘s[:‘h, $.75a9. killing pigs, 9.50a 10.50. 2585 butcher cows and heifers, bulk bologna bulls, Sheep—Receipts. 19.000; desirabl fed lambs, steady: top. 12 kiling es aged lambs and Towe! top spring. e ¥ spring lambs 14.25 ea! 14.00, W stock ewes upward young nat : yearling ewes to 9.00. NGES AFILTON DEAL CONPLETE Merged Banks Open for Busi- ness With Four Sepa- rate Offices. Completion of the merger of the Riggs National Bank with the Hamil- ton National Bank was effected at a special meeting of the board of direc- tors of the Riggs bank Saturday, and today the institution opened for busi- ness with four separate offices in the cit e These are, besides the main_office on Pennsylvania avenue opposite the Treasu those branches at Dupont Circle. Park road. The preliminary steps were taken May 8 at which time the Hamilton Savings Bank, 7th and 1 streets, be- came the Mamilton Natlonal Bank, making the merger possible. largely ith council, to supervise the work of the new branches, was elected, consisting of Milton E.- Ailes, Joshua Evans, jr.; Charles C. Glover, jr.; Robert V. Fleming, Avon M. Nevius, George O. Vass, Pere A. Wilmer, Charles T Clagett, Charles H. Tompkins. Ches- ter H. Warrington. Dwight Clark Arthur Carr, Herbert L. Davis, Wi liam H. Donovan. Louis E. Jeffries, Bertrand H. Roberts, John D. Rhode John Oliver La Gorce and Hilliary Hoskinson. . G. Francis Rainey was elected man- ager of the office at Dupont €Circle and Ralph R. DePrez assistant man- .ager. B. I Boudren was elected as- sistant manager in charge of the of- fice at 7th and I stre#ts and Carl H. Dounch, assistant manager in charge of the office at 14th and Park road. s A WOOL PRICES FIRM. Mills Continue to Buy, But Orders Are Conservative. i ' BOSTON, June 12.—Woolen mills continued to buy raw wools today, but glhey are placing their orders con- servatively. Prices throughout were firm. Interest is shifting somewhat {into the territory wools and there is | ia good demand and active bidding for | the cils was accompanied by talk.th fine and fine medium. Delaines are . | strong. with sales reported as high' prices are soniewhat higher. to foreign markets for this product. BAR SILVER QUOTATIONS. i Spinach, per 7th and T streets and 14th and At Saturday's meeting an advisory | Texas | mohair has been just about cleaned up and American dealers are turning 4 N. Y. Curb Marke: (Quotations furnished by the Assoclated Press) INDUSTRIALS. Hig i Am A Metal ptd w i Buddy Buads.. Car Light.. nt Ktates Elec Nipple. . 3 veland Auto. 200 Columbin Emerald . 200 Continental Motor Cub Dom 400 Dublier € & Motors 3 Motors Ind I, Telegraph. uE... R Pictures. Goodvear Tire Heyden Chemical Hudson Mot....... Hudun & Marnai uilip Morri Radio Corp Tenn Ry Tolmeeo Prod.. Punta Aleg 1% 68 Standard Oils. Anglo-Am 0il Atlantic Lobos. an z ..o 805 Ol & Gas. 8 011 of Ind £t 0l of Ken Atand 08 of N Vacuum 0l INT Allied 0; Arknasas Boone Ol oston Wrimiing 03 1y 17 Nat Gas 12800 3200 00 kel ]y ; outh Pet & Ref 5000 &1 11300 T 200 Tidal Osage.. 200 Ventira MINING. 1200 Alas-Brit Col Me! 1000 Big Ledge.. 18000 Bost & M 11600 Bost & Mont ¢ 1000 Calumet & Jor 1000 7 Am Tel & Tel 1 Am Tobaceo 7s Assn 8 " el Tigs . ‘} 64 Int R T Ke 1 1 Kennecott Copp 8 Laclede 1L MeNe 4 Lig-Winchester 3 Manitobn Ts....... nt Leather Se Y N H and H { | Ol Prod S Un Rys Hava; 7 Argentine 7 997, 40 Hamburg E 8%, TRADING ON CURB ALSO DEPRESSED Special Dispatch to The Star. NEW YORK. June 12—The exchange market was quite as as the market on the stock‘exch today. Selling was very persiste especialy in the recent high-pri favorites among the ol shar Standard Oil of Indiana, Standard « of Kentucky. Imperial of Canada an Anglo-American werewnder the gre; est pressure and vielded the mos Isharpiy. In the independent oils, 1! ireaction was smaller, but all the 1 cent active lcaders like Fensla: Skelly, Mutual and Mexican Seabo issues went lower. The weakness cur, £0 far from their being any furth advance in oil price, a decline was n . | unlikely. *Ex-dividend. - Pulled wools are in demand, lnd|Amt~rlcxn Steel trading, In view the threat made by the attorney f the Lockwood investigating commi tee that if trading in these “when- issued” contracts kept on he wou bring the matter to the attention of the grand jury. Phillip Morris broke badly with the other tobaccos on the big board, s creased 26,409,000 marks, increased 11,196,000 marks, other as- NEW YORK., June 12.—Foreign bar { United Retail Candy and the 1 demand made by Samuel termyer, silver, 71%. Mexican dollars, 54%. Tobacco I'roducts shares Were syn kwood ddmmittee, Harry Wardman = ; 203.673,000 . marks, | counsel for the Loc Hets L nCrensed i ineransed 58¢s | ihat such dealings be. discontinucd. |~ LONDON, June 12—Bar silver.!pathetically affectetd. Rudlo stocks 1430 K ST. N.W. D T o I ctreased. $5.- | North American rose half & point to|35% pence per ougce. Money, 1 [were heavy and American Metals i+ - T T Do Jiabilitics d¢- | 47% &t the outset, that price remain- | per: cent, Discount rates short bills, | sues broke a_point or more despite } 1 25-16_per cent; three months’ bills, ctically unchanged In the mod- ing 273 3 1338823716 "per cent. erate dealings of _flle' first half hour. 2 attempts at support in the motors stocl crensed 336,844,000 marks, total gold these went with the rest holdings, 1,002,862,000 marks. ke