Evening Star Newspaper, July 15, 1922, Page 12

FINANCIAL.™ " N. Y. Curb Market][ NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office (Quota*ions furnished by the Associated Presa) 500 Acme Coal L8 81 98 500 Amerlcan Drug Blor 1% 1% 3 100 Amn Metals - e uw 43| AJax Rubber Cemutord. ped Wy 98y ¢ o8 Chic Nippie B, 4§ 3¢ 4% Chicugo Nipple 5 5% 13 Cleveland Auto 20% 2% 29% oy Brake Shoe. ... 22 Columbis, Emeratd:? 78 T8 T8 [ Am Can o Moto Daniier Con & Had. n:/'é 8% 8% | Am Car & Fdy. Durant Motors..... 39% 854 39 | Am Car & Fdy pf.. 120% Gibson Howell 183, 18 181 1 Guiette Safely W02 22 2 1 nx uy na 1% 1% 1 Hayes Sily S0y Bn Heyden Chemical. 1 1 1 12 % 1% 24 2 2% szli flg% B;!fi o £ ‘Am Smelting pf . 7 Mercer Motors 2% N . 500 Mercer Mot v t 3% 3% 3% Am Steel Fdy . n Moan Motors 12 11 1% | Am Steel Fdy pf.. %% BN MK % | AmSumatra...... @ . M. 3k M |AmTela Teleg. ... 121% % 5 %% | Am Tobacco. 12 4% 4% 4% | Am Tobucco 198% 3% 3% 3A|Am Water Wks... 16 o fn oy | Am Woolen. . Nk 0% 70% 70% | Am Writing Prpf.. 81 ;:: 1 ;: Anaconda. ve. B2% . 0 Galtal ua:u Cand ;:: :‘*‘; fi::)f)';-:o(s Tst pf.. ;.{'/q ayne Coal ...... S = 200 Weat Eud Chemical .56 85" [Asso Dry G 2d pf. 33 STANDARD OILS. Ry o HES 1500 Anglo Amer OIl... 18% 18% 183% | Jilantic Co 006 Atlantic Labos . 3o B0 Ruckeye Fipe Line. 9% 937 93 |AtlanticFruitCo.. 2% 90 Galena Sienal Oil.. 34 16 56 | Atlantic Gulf 6% E 100 18 | Austin Nichols 2% 248 .t-;h 10T% 1075 25 lgads | Baldwin Loco. 5™ 45™ | Balto & Ohio Barnesdall (A). Beechnut Packing Beth Steel. ... Beth Steel (B) ‘Booth Fisheries. British Empire Stl 104 Bklyn Edison.....108% INDEPENDENT OILS. Aetna Con OIL. Alcan Ol Carib Syndicate Citles Service . Bkiyn Rapid Trn... 26% Burns Bros (B)... 4% Butte Copper. . 3 Butte & Superior. .. 29 California Petrol.. 6l% Callahan Zinc.... 8 % | Central Leather... 38% Cerro de Pasco.... 87 Chi & ETlpt (n). 8 Chi Great Westrn.. 8% 100 Maracaibo 01 ChiGreat Wpf.... 21 2000 Meridian 01l 1200 Merritt Oil 2100 Mexico Oil 900 Mountain Pre . ~ Seatunl i) % [ Chi R1& Pacific... 4% N ChiRI&P 6% pf.. 8l obie 01 ChiRI&PT%pf.. Ui 800 North Amer 0 & R CStPM & Omal 68 Chile Copper. Chino Copper . CCC & St Loul Coca-Cola. ... Columbia Gas. t Creek .. Sapuipa Ref 500 Sapnips Ref 11 i H G Columbla Graph L Do Shely 06 "™ 0@ 10 107 | Columbia Graph pf. 17 12 |ConsGasof N ¥... 124% 303 | Cons Textile .. 1% 30" | Cont Can.. 5200 Texon Oil & 1. nd 3 30 2500 Turman 01l 14 14 |Cont Insuran 6900 Wileox Ol = 6% 64 | Corn Products 1000 Y 0il & G . 14 a4 Corn Products pf. ING. Cosden & Co. 200 Alas-Brit Col Met. 3 2% Cmc!hle Steel. Amer Exploration 2% 2% | Crucible Steel pf. 90 SneiConuie &M 08 037 | Cuban-Am Sugar.. 2% D et it A1 | Cuba Cane Sugar. 16% Cuba Cane Spf... 3% Davidson Chem. De Beers. Del & Hu Del Lack & W 214 | Dome Mines. . 30 Dupont (E. L).... 140% 3 | Bastman Kodak.. 7% 43 | Electric Stor Bat. % i1, |Eik Hor Coal....... 2% Hilitop Xev A:?{‘ l-é:fllwu-lohmn. ) erome. Verde ';U; i Erle 18t pf. 08 | Famous Players... &% 4, 18, | Fisk Rubber. I % 0% | Freeport Tex « 42 Yerads ophie’ @ |Gen Asphait. . 1 Y il .21 .21 1% 17 | Greene-Cananed... 30% =08 Guif Mo & Norpf.. 40% 0¥ o1™ | Guif States Steel... 82 %5 %3 |HarbishawCable.. 1% .28 .28 Houston Oil. 2.'wvanrrh r’.‘“l‘i“f' csee .5?“ 451‘)1‘ .M;* Hudson Motor: 1400 Toncpal elmont . Hupp Motors. ) Tonopah Divid T8 R a8 e R % i% | Hydraulic Stael. 5200 United Eastern 1 1 i 1000 Voleano .. 37 87 1linols Central. . N 1 14 |1l Central pfd.. 109% 12000 Wilbert Miniog . 07 07 Indiahoma. ¢ BONDS. Inspiration 41 @ Allied Packer 8s.... 99 951 | Interboro Metro... 1% 5 :mmum:f T '83.... mfla 106"2 msa Interboro Met pf. 3% 2 Cons G I3 s so o 100% 100% | Intl Cement. 2% : Intl Combusti 2% B b i 04 | Int] Mer Marine... 18% Intl Mer MA.rIne V-f Roth Steel Tx 1 12 Rath Steel T Intl Nickel. . g BRI Yo Intl Nickei pt. B Intl Paper. .. . 1 Cudahy Intl Paper (sta)... T0 2 Galenn Sig; Invincible Oil. 1% 2 e Iron Products 3% 3 Island Ol % 3 Jewel Tea. n 3 3 Kansss City Sou... 25% 2 Kansas& Gulf Co.. % 2 Kennecott. .. . 3% , z Kresge (5 8) . 198% 8 3 Lackawanna Steel. 76 4 Lee Tire & Rubber. 29 1 Lehiga Valley..... 8% 2 Liggett & Myers pf 117% - Lima Locomotlive. . 106% M Loews Inc. v 18 @ Sun_Ofl 7s Lorillard. . 154 4 Bwift & C¢ Lonl-tsnhv\llo . 180% 4 !wlfl & Co 10 Texas Co T Mack Truck...... 5% 1 o bt Mallinson & Co. ... 3% R " { Manhattan SRirt... 38 6 Western E! Market St prior. 61 FOREIGN BONDS. m{:fldr?kifi.ul :; 12 Argentine Tn '23.... 100% 100 1003 | 0 'fi Ay 10 City of Montvideo 74 9814 983 083 axwel . 27 Hung 8. o8 9515 | Maxwell.(B) . 18 Swiss Bise 51 1039 | Molntyre Poreu. BT S Brasil T 83k 85 851 | Mexican Pete. %2 U S Mexico 48 41% 40 41 Mex Seaboard Oil.. 2% : Mexican Sebd ctfs. 30% SHORT-TERM SECURITIES. Miami Copper..... 2% (Reporte2 by Redmond & Co.) Middle States Of] 13% —Close.— | Midvale Steel. U% Rd. Offer. | pinp & StL (n)... 1% Jtuminum Co, of Amer. Ts 1925. 108% 10% | MK & T wi % American Tel. & Tel. & 100% 100% | 3 b cific. 2 Ami el. 101, 101 American Tobacto Co. Ta 1923, . 102 10234 | Mo Pacific pf. 8% Agaconda Copper 8s 1029. 100 101 Montgomery Ward. 2% 1%% 13% | Muilins Body...... 2% 044 | Natl Biscuit...... U5 104 Natl Ryof M 2d... 4% 101% | Nevada Copper.... 16% 100% | N ¥ Air Brake. . 101. 1221 1 102 1925 104! Co. Ta 1923 102 Du Poat % 107 B. F. Goodrl eh 'Il lm 108 Goodyear T. & R. 1 Gulf ol Oorpu 78 1 Ml Humble 001 Ref. 7s 1 Kansas City Tofm fs 1923 Kennecott per Ts 1980 lJbb‘ l(c}":fl & Libby 7s & New l'urx Central 7s 1 1063 | Pac Development.. 6% & Gamble 7s 1923 101% | Pac Gas & Elea. ... % o 1024 | Pan-Amer Pete. 1% . | Pan-Am Pete (B). 101% | Panhandle. ., 1 Ivania. 108 ‘Westinghouse El & Mf 107 SNIPER SHOOTS OFFICER. |5nisSompe CAIRO, July 15.—Col. Piggott of the | Plerce-Arrow. pay department of the British army, | Pierce-Arrow § while walking along the street in | Plerce Ofl. uniform. was shot, it is belleved, fa- | Plerce Oll pf. tally. His assailant escaped. Pitts & W Va. Postum Cereal. .um . BAIL FOR BROKERS. Pressed Steel Car. NEW YORK, July 15.—Edward M. |Pressed Stl Car pt. Fuller and Willlam F. McGee, part- | Producers & Ref. ners in tne bankruptcy _brokera, concern of E. M. Fuller & Co., who were indicted yesterday on thirteen | Pure Oll. charges of bucketing stock orders, -urund-red t and wers nrnl‘nd mm Steel Spr. 101% :enml n- ons. Ball, fixed at|Ry Steel Spr pt..n 1104 n.l 0, was suppliedy . b ! . a = = % 108% ue e §9p3580Y8at3228200 Zuae 25§83 2 & §2 yiegsggzas.sgengzan,ezy Cls.| UNITED STATES WAR BONDS. =t High. Low. Close. Tosg | Liberty Bikg, 108247..... 10080 10074 10080 71t | Liberty 1st 43s 183347, 10090 10064 10062 <% | Liberty 20 43 102742.... 10066 10064 1005 Reynolds (B! 4 Liberty 84 43 1938...... 10086 10036 10040 554 | Roval Dtan §754 | Liborty ath 430 1038.85" 10098 10022 1008 Pl il 3 Victory 4% 1922.23...... 10064 10052 10082 | L g tan Dy I% W% 2% 10| FOREIGN GOVERNMENT, STATE '@ |StLoulsBownpe... 48 & ¢ @& AND MUNICIPAL. W% 1% . TN E ) L 98% | Shattuck-Arizona. 9% % 9% 9% o & | Sinclair Ofl. % a4 A sie Joo 203% | Southern Pacific... 8% % £ 61% | Southern Rallway.. 20% 2% 4% 2% | Bolivia Sswi. - 9% |Southern Ry pf.... 66w e 8% Be% | Bordeaux fo.. 36% | Spicer Mg Co.. 19% 1% 1o% 1s%|Brazilis . %k 99% | Stand Ofl of Calif. . 104% 105% 108% 104% C’“ 8 ihic aeee 102% « [StandOMlofNJ... 180% 180% 160% 1s0% | Canada Se1936......... 121% | Stand Ol of N J pf. 117% 7% 116% 116% | Sanaca *l's" - 10 12 | Sterling Prod. ... Canada 65 . .- 1854 | Studebaker. ShmeRR b 16 |SubmarineBoat... 7% % % 1%|Gniess1946. .. e Gl B 3 8 8 3 |ChineseGovtRy 5s. Temtor Corn (A).. 1% 1% 1% 1% Christiania 8s.. ~ 1094 $2% | Tenn Copper. 10% 10% 103 | Copenhagen 5%s.. ... 1% 5 | Texas Company 6% w% 4 |Czechoslovakia s . %% g2 | Texas Gulf Sulpl 48 4% 8 [Denmarkés . 8% 101 | Texas& Pacific. ... % 3 3 |Denmarkss snee Texas& PC&OIl.. 26% 26% 26% 26% | Dutch EastInd 6s'47.. 0% | Third Avenue. ... us 21 o1 24| DutchELsf6s'62. 2% | Tobacco Prod A... 80 0% 7o% 8 |FrenchGovtgs Tobacco Prod...... 66% B6% Be% e | French Govt? o1 | Tobacco Prodrts. .. 223, 22 2% 22% | Japanese lst iigs TStLEWDI(B). 8 - Trans Contl Oll. 1% 18% 17 S |uUntonBag& Papr 68 6 6 6 33 |Unionoil. Netherlands 6s. 6% | Union Pacific. ..., Norway 8s... 718% | United Alloy Steel.. 381 38% 38% 83% | Queenslan #4 | Unlted Drug. .. T T | Queensland nited Retall Stra. 7% 67% 61 6 o de Janeiro “l:: USCastIrPipe... 33 3% 2% 3% | Riode Janelro 8srcts.. 100% 100% 100% 26 ) U S Cast Ir P pf. Sao Paulo, State of, 8s.. 101% 101% 101% ‘@ | U 8 Food Prod. Seine, Dept of, 75 7 | U8 Hoffman. Soissons 6s... . 29% | U S Indus Alcohol. 14 | Sweden 6s U § Realty. Swiss Confed 88 61% | U 8 Rubber. 8 |U S Steel 87 | USSteel pf i | Utd Kingdom 535 '37.. 108% 6% | Utah Copper. ... 68% | Utah Securities. ... 16% 16% 16% 16% MISCELLANEOUS. | vanadium Corp.... % % % s |Van Raaltelstpf. 4 84 84 §% | Va-Car Chemical.. 80 %0 8 ‘Am Sugar Ref 6s. 21 |Vivadou....... 1% 1% 1% 1% |AmTel & Telcltrbs... 9 Am Tel & Telcltr4s... 9% % | Wabash...... .4 1% 19 13 Anton Jurgenscy éawi WA Wabash pf (A).... 3% 1% Webber & Hollbrn 194 1t 14 Western Pac pf... 6 Atlantic Refining Western Union. Westhse E& M. . Wheeling & LK White Eagle Ofl ‘White Motor. White Ofl. ..... Wlll)’l—Overhnd 9 Willys-Overland pf. 47% 4874 47% 48F ‘Worthington Pmp. 50 50 50 50 Worthington pf (A) %4 - % ™ HOURLY SALES OF STOCKS. 1lam.... 4780 12m.. 443 30 e e DIVIDENDS. Btock ot Pay- record. . (pnnecticut k Co. ptd. q, 81 Connecticte 'K " R td. p, $1. Ford Slotor”co, General Cigar ¢ Gen. Cigar Co. pf a3 Gen: CIEat o Yaeb. %, 75 Benk. 35 Maninistiquia Power C: . Motor Prod. Corp.. q. $1.25, July 20 Aus. 1 Mutling llody (‘orP u. vr 32 July 22 Aug. 5 3oy 18 Juy 81 July 20 Aug. 1 "Lawrence Fiour Miiis Co.. ot ar $115 July Revilien, Inc., q. International ‘Combuaid Einsering Corp., g, Buckeye Pipe Line Co. Sap Franclseo, Calle 5 1 1 Am? Water Works 3 Co., q 1st ptd, $1.75 15 Russel Motor Cay Co. ronto, $1. 1 Russel Motor Car Co. ‘of To- routo, g. $1.73 . y 20 Aug. 1 Stover Mfg. ‘& Engineeriny Co. of Chic.. g, ped, $1.75 Juur Aug. 1 Scotten Dillion bo q, 3%...July 17 July 19 Scotten _Dillion G @sh, 8% uly 17 July 19 JOINS IN GREETING PRINCE Baltimore Craft Only American Ship at Plymouth. BALTIMORE, July 15.—When the Prince of Wales entered the harbor of Plymouth, England, cn board the Renown June 20, ending his tour around the world, the only American vessel In port was the Baltimore steamship Conehatta, Capt. George Breeden of the Blake line reports on his arrival here. Capt. Breeden dress- ed the Conehatta In her best holiday regalia. Steaming in slowly, the Renown passed close to the Conehatta, which had dipped the Stars and Stripes, which courtesy was returned by the dipping of the royal ensign by the great war machine, Then the Amer- ican captain ordered twenty-one blasts of the Conehatta’'s siren, as it was the only shift on board to offer a national salute. INDUSTRIAL NOTES. P The demand for both cars and locomotives has improved greatly since July 1. Total of orders actually placed has not been large, although some business has been closed, but several roads are feeling out the market for a large number of both cars and engines. Equipment inter- ests say outloek for fall business is very much better. Sales of Loft, Inc., for three months | ended June 30 last were $1,692,507. an increase of $112,671 over same month last year. June sales of Schulte Stores amounted to $1,791, su an increase of $167,931 over June, 1921. Although no large orders have been received recently at General Electric Schenectady plant and practically all United States work s suspended, the plant is steadily progressing = tus. Between 14,000 and 15,000 people are now on oll. Philadelphia and Reading will short- 1y purchase 1,000 steel freight cars at a cost of approximately $2.000,000. This order will be in addition to 2,000 asteel coal cars ordered last April. ew _equipment, 1ncludln{ locomotivi sssenger and. freigh cars, for the Reading- this year will have a value of about $9,000,000. In addition to regu quarterly cash dividend of $3, & stock disburse- ment of 5 per cent was ordered on Gillette Safety or. Packard Motor Car reports met profits for three months ended May 31 of $317,959. The sales totaled ‘z.c" vehicles, amounting to $11,- uarterly dividend of 75 cnets dee.lnr. on Sterling Products repre- sents an increase of 12% cents, plac- ing the stock on a $3 yearly Baldwin locomotive weorks has re- ceived an order for thirty-five Mikado locomotives from the B. and O. Meeting of Penn-Seaboard Steel stockholders to approve merger with Ctmnnr Steel has been postponed to Jul Bnrlln?on' lo.dln{l in the first week of ly were u 20 cars, an In- crease of r Phllldilphll BM whm stock is owned by Baldwin Locomotive, has declared a ltoek dlvlavnd of 100 per cent, increasin, "‘f"" stock from 'l 0“ 000 to § 0.0 ,000. iwanna Steel s defictt|$ ka flw nmhr ended Ju- 30, bt it was |3 lmlllflr ustained in pre. ths, which !lmunt- 1, reports com- -toot 'll: Atlas Powder 7% Bethlehem Steel Columbia Gas Con Coal M4 18t Con Gas conv 78 Cuba Cane S cv deb Dinmond Maten a1%s. 107 Du Pont de Nem 7% 107% Duquesne Light 65 102% Empire Gas & Fuel "fil 8% Fisk Rubber 8s. .. « 106% Framerican ID 7%s.... Goodrich Co, BF. 9% 9% Goodyear Tire 88 102 101% 101% Goodyear Tire 8s°41.....116 116% 115% Holland American s f 6s. 88% 88% 88% Humble O & R 5%s w 1. 100% 100% 100% Inalana Steel 1s'. 53 ‘62.. 101 100% 101 Inter Mer Marine 6; . ve% 96 964 Inter Paper 1st68B.... 8% 864 86% Lackawanna Steel s'50. 8% 89% 8% Liggett & Myers 7s. .u5 15 116 Lorillard 58 %% %% %% Manati Sug Marland Oil temp 7% Marland OIl 85 war. Mexican Petroleum 8§ Midvale Steel bi . 89% 89 89% Montana Power 5s.. . 98% New York Tel 4%s . Y% New York Tel 6s 1941. ... 106 New York Tel 6s 1949. Pac Tel & Tel 5s ct! Pacific Tel & :'e_‘l_ & Pan-Amer P Philadelphia Coref 6s A. 98 Th NTH Public Service 58. ... 8% 8 8 Sinclair Ol T%s. . Sinclair Oil 7s.. .. Sou Porto Rico Sug 7s. .. Utah Pow & Light 5. FTA T Va-Car Chemical 78 w1 SB% 98% Warner Sugar 7s. . . 101% 1018 101% Western Unlon 6%s.....110 110 110 { Westinghouse 7s. 107% 107% 107% ‘Wilson & Co 1st 6 8 w8 8 Wilson & Cocv 6s. . 2% 9% Wilson & Co cv 7% 2103 102 108 —_— DRY GOODS CLOSE DULL. Little Change in New York Prices. ~ Trading Inactive. NEW YORK, July 15 (Special).— The dry goods market wound up a rather ull week with inactive trading and little change in_ prices for the greater number of con- structions. Prices were maintained and the amount of goods in second hands ap- pears to have been diminished. There were indications, however, of better vol- ume of business in the standard print cloths and sheetings next week, accord- ing to the inquiries in circulation. Sheet- ings were in fair demand and some business was recorded in pajama checks and sateens. ‘The raw silk market was quiet. So far the betterment in demand for fin- ished goods has not produced increased buying of the raw product by the man- ufacturers. D — TREASURY CERTIFICATES. (Quotatinns furnished by Redmond & Co.) Noon.—— Asked. 4340 Beptember 15, 1922.... 100582 100 { 5iGs Beptember 15 1922.71. 100982 100: 3% 1100 100582 334, 100132 100382 4344 Db 100 13-82 100 17-82 4%s 100 13.32 100 17:83 3% June 15, . 100132 100882 sie dune 15, 1024 0. 108 108% » Beptember 13, 1024, 102% e Maren 15, 1925 101716 101916 | 4%s December'15, 1935, 100 100% s Maren 15, 1026 10115-16 102116 FINANCE AND TRADE NOTES. British coal output for week end- {ing July 1 was 4,530,000 tons, an increase of nearly 200,000 tons over previous week, but below April atd May weekly averages. Standard Oll of New Jersey has ad- vanced bunker fuel oil in New York, I&ltimnn. orfolk and Charleston 25 cents a bafrel and has put price up 115 cents a barrel in New Orleans. Prices do not include lighterage (chlr‘el for deliveries aboard ship. dy has declared its regu- hr quum—ly dividend of $2 on pre- ferred, payable August 5 to stock of record July 22. In a letter to stockholders, Pr dent Hammond of Mexican Beaboaid 5 and 19 are closed a reduced rate in He says further the management expects to take great quantities of oil from this fleld at re- duced rates. Ford Motor of Cadada has declared a_cash dividend of 15 per cent pay- able July 20 to stock of record July 16, An agreement for a 25 per cent flat rate reduction’on merchandise trafiic has been reached between English and Welsh rails. This makes the rates 76 per cent above 1920 level. [ zev vors BONDS o mna] Received by Private Wirs Direct to The Star Office. RAILROADS. High. Atchison gen Atchison cv 4s Balto & Ohio pr ln 3%: Balto & Ohio ref 5. .. .. B&OBWdiviks. Cleveland Term 6%s w Colo Southern ref 4% Cuba R R 1st ref 7%s Den & Rio G 1st ref Bs... g:troll United cn 4%: 1 6 6 % 5% 6% B3% 5 6 Great Northern gen 7s. /. 110% 110% 110% Great Northern gen 5%s. 102 101% 101% Hudson & Man ref 5: 85 8% 8% 11l Central ref 48 8% 8% 8% Inter-Met 445 ctf: 1% 124 12% Inter Rapid Tran: @8 6% 6% Kansas City Sou 5s 89 8% ES% Kanaas City Terminal 4s, §3% £3% 83% Lake Shore 451931, Northern Pacific 3s. Northern Pacific 4 0% 90 %0 North Pac ref imp 108% 108 108% Ore & Cal 1st 58 % 9% 9% Ore Short L ref 4 % 9% N% Ore Short Licon 58 '46... 106 105 105 Ore-Wash 1st ref 4 oY% 8% B2 Paris-Lyons-Med 6s ™ % T Pennsylvania gen 58 102 101% 102% Pennsylvania 6 %s. . 109 106% 109 Pennaylvania gold 7 109% 109% 109% %Y 9% 8% 85% 8% 83k % 2% StL&SFprinbs....... 85% &% 8% StL & SF inc 6s. .70 6% 6% StL&SF3%sB U u StL &S Fadj és. o0 R Seaboard A Liref 4 Ga% - a% Seaboard A L adj 58 2% 26% Seaboard A L con 6s, 60l 60% Sou Pacific cv 4s B 2% 2% Sou Pacific ref 4s. . %0k 0% 20U Sou Pacific cl 4 -0 %0 %0 Southern Ry 1st . % % 9 6T% 6T% 6% 100% 101 a4y 60 60 Union Pacific 1st ref 4s.. %0 89% 0 Union Pacific 1at 4 9% 96% 96 9% 963 e6% 6% %% % 9% 6% &% 2710000 5782 000 GASOLINE CONSUMPTION IS LARGEST IN HISTORY Gasoline consumption for May {s reported to have been the largest for that month in history. Domestic consumption and exports aggregated 556,424,509 gallons, an Increase of 110,958,718 over April, says an offi- cial report. RUBBER BOOT NOVELTIES. Slightly longer vamps and more pointed toes are the fall style indica- tions in women's shoes now being offered by manufacturers. Colonials appear to have strong support, wiih kid leather as a popular material in producing them. This style of shoe is expected to increase use of orna- ments. The flat and one-inch heel appears to be passing out in favor of the Louis and Cuban designs of two inches and slightly less. Russian boots have some sponsors and the longer skirts for fall will doubtless help demand for the style. A novelty to take the place of last vear's over- shoes, widely worn by flappers, con- sists of radio boots. These are a combination of Russian boots and rubber boots with a strip of fur on | the top. SPEED GERMAN SHIPMENTS. Importers and others who ha made recent purchases of merchan- dise in Germany are now attempting to obtain quicker deliveries than were first specified, because of the greatly unsettied condition prevailing in Ge man politics and finance, says a New York dealer. Prices have been ad- vanced by German manufacturers re- cently, and this has led to a consider- able cancellation of orders by Amer- ican buyers. On orders that still stand, however, the American buyers feel that the best course is to get the goods shipped out of Germany as speedily as possible, according to im- porters here. e WALL STREET NOTES. Bond issues to finance rail construe- tion in Colombia are expected in this market shortly. One for $8,000,000 will be for account of national gov- ernment, and the other, of the de- partment of Antioquia, will amount to $4,500,000. Each Is expected to bear 8 per cent interest. The profit and loss aecount of To- bacco Products for first flve months of this year totaled $923,592, includ- ing dividends. The company has a to- tal surplus of $2,559,657, but no re- serve has been set up for federal in- come tax for 1922. Among issues admitted to trading on stock exchange are: Mexican Sea- board voting trust certificates for 261,000 no-par shares and 434,939 no- par shares; $30,000,000 Sinclair Crude Oil pun:haulng 5% per cent gold notes; 79,080,000 Tobacco Produots common_and temporary oertificates for 49,354,000 class A stock; $3,500- 000 Nash Motors 7 per cent Dpreferred. Richmond 'l‘ermln-l Rail shows a net income after charges and taxes of $3,222 for 1’21 Beechnut_Packing for first three months of 1922 shows a net profit of $392,291 after expenses, but before federal tax. Nash Motors far first five months of this year showed a net income of $2173,014 after charges and federsl New rates will be effective August 1.|tax. Ay vnlmd e daily oll production of the tates for week ending July 1,450,650 barrels, a decrease of from previous wi ‘Workers in Youngstown mills sub- scribing to-sliding scale agreement with iron, steel and tin-workers, will receive an advance of 3 per cent ot base wage rate for July and August as a result of bi-monthly examination sheets. Black sheet average price was $2.90 a hundred pounds, as agalnst #2.30 two months ago. fl! CRUISER TO BE CONVERTED, QUINCY, Mass., July 15. —Word has been recelved here that the Navy De- partment had d.hee'.ed the Fore River Dlln!tnnmlghhhsmmsmfl Cnl'pu!'l at once on o S R Lo vnal ‘was halted during the Washing- n arms eom’mm, ‘when she was 35 || per cent eomph IPOUNDING OF OIS FEATURE OF CURB NEW YORK, Juiy 16.—Business was small on the curb exchange to- day, with the oil shares again the; feature. Selling came into this group at tim nd caused some sharp reac- tion, with the high-priced issues the leaders. Rallles from the lowest ‘were caused by short covering. Floor traders continued the active sellers. Standard Oil of Indiana, Standard Oil of New York, Standard Oil of Kentucky, Anglo-American and In- ternational Petroleum continued to decline. The independent oils also were lower, Cities Service declining over four points and fractional losses were recorded in Skelly, Mutual and Salt Creek. Omar was one of the exceptions holding comparatively firm. Miscellaneous issues were less af- fected by the easiness in oils than recently and many of these held firm. Radio Strong. Radio common was in good demand and Dubilier Radio also was well taken. Gillette Safety Razor was higher and a good advance was re- corded in Goodyear. Goldwyn Pic- tures was steady and there was a moderate demand for some of the motors, notably Durant, Lincoin and Packard. Mining shares were fairly active and steady. Lone Star Consolidated wag one of the active features fol- lowing the announcement that op- erations had been resumed on the California holdings of the company, and important developments are looked for by officials. Ray Hercules continued active and firm. Although there were no features in the bond dealings, the list held steady and trading was moderately active. LITTLE WOOL CHANGE. Seasonal Slump in Boston Market Marks Week End. BOSTON, July 15 (Special).—The seasonal slump which has hit the wool market showed no change to- day. Prices, however, showed little variation and the tone was distinctly firm in certain grades. The foreign markets were reported to exhibit strength, but little buying for Amer- ican account was in evidence. A num- ber of clips have been cleaned up in the west this week, especially in the Dakotas and Callfornia, at prices un- der the top for the season. The opening if the spring lines of the American Woolen Company Monday is expected to stimulate mill pur- chases. ADVISES EARLY ORDERS. Deliveries are likely to be a ques- tion of moment in the women's ready-to-wear trade once the manu- facturing for fall gets under full headway, says a trader. Not much trouble is expected from the stand- point of labor disturbances, although a general withdrawal of workers aimed at stamping out the “social] shops” is likely to Interfere with production plans, even in those fac- tories where the employes are absent only a few - days. Another factor, however, that is not being overlook- ed is In getting prompt shipments of materials. The growing demand for dress goods is apt to find the mills rather disorganized, because they have not been operating on full schedules. Garment manufacturers are endeavoring to foresee all con- tingencies, but some of them are now advising their customers to place early orders so that there may be no future cause for complaint. NEW VOGUE IN VESTS. One of the large collar and shirt manufacturing concerns is reported to have brought out a dress vest made of the webbing cloth now used in manufacturing the single-ply, semi- soft collars. The new vest is made without a lining and is sald to be| wrinkle and shrink proof. It winl make possible a much wider display LIBERTY BOND PRICES For $100 Bonds Today Bonds Bought in All Desominations. LIBERTY BOND EXCHANGE 804 14th St. N.W. Hours, § a.m. to 5 p.m. Maln 2997, THERE are means of sum- marizing the wisdom and ex- perience of mankind on some particular matter so as to pro- vide some guidance for the in- dividual. Financially, this has been done in the formulation of our First Mortgage Notes on improved Washington real estate. It is the wisdom of the ages that first mortgages mark the limitation of safety for those who can not afford to take ckances with their capital. 83 Years Without Loss te an Investor Swartzell, Rheem & Hensey Co. 727 15th Street N. W. FINANCIAL. We Offer for Investment Real Estate Notes Of responsible B imBroTed property. -n-hnue-nlmlhu PROMPT PAYMENT OF INTEREST CUARANTEEZ, Bank of Bethesda, Md. An Automobile Opportunity —to get into heart of automo- bile field. Will revolutionize automobile industry. Man with ample capital only need apply. Need big man for big EQUITABLE Co-Operative Building Association Organised 1579 424 YEAR COMPLETED Assets Surplus . . Learn to Save Systematically —We can point to thousands w! adopted _th tic gx :o n;mmn savings pl wonderful re- ho I Subscriptions for the 83d Issue of Stock Being Received Shares, $2.50 Per M onth $4,408,629.00 $1,144464.60 EQUITABLE BUILDING 915 F St. NW. JOHN JOY EDSON, FRANK P. President REESIDE, Seey. ' Loan Secursd by frst deed of trist on real estate. terest results. Call Adams 1427 = OUR 7% FIRST MORTGAGE NOTES Need mno further recommendation than that they are secured on im- proved real estate, and placed on the same basis of security as pro- tected our investors to the exteat of thelr not having lost a singie penny in either principal or inter- est during our fifteen years of in- vesting. Notes on hand in amounts of $250.00 up to $5,000.00. CHAS. D. SAGER 923 Fifteenth Street NW. Main 36. Loan Dept. The First Spare Dollars Starts A FIRST MORTGAGE ACCOUNT OU can purchase our First Mortgage on the partial payment play by start- ting with $25.00, thus securing a mortgage of $250.00, the balance of which can be paid in nine equal payments on a specific day agreed upon between us. Over a Quarter of a Century Without a Loss B. F. SAUL CO. MORTGAGE LO!? MAIN 2100 7z IR AU [ NS 1412 EYE ST. N.W. I Y WITHOUT EFFORT AND WITHOUT RISK You Can Make More Money Invest So As to Get the Full Earning Power of Your Dollar With Safety. Join With a Group of the Most Conservative Men of Washington ——in the— NATIONAL MORTGAGE & INVESTMENT CORPORATION Fiscal Agents HUGHES FINANCE CORPORATION 1418 Eye St. NN\W. FIRST MORTGAGES Safest Security on Earth Every morlguce is less than 509, of the ready market value of the property. Absolute Safety. Reliable Security. Liberal Income. Insurance Against Loss. Protection Against Depreciation. Prompt Payment of Interest. Repayments of Principal in Full at Maturity. Choice First Mortgage Investments $100—$250—$500—$1,000 WILLIAM §S. PHILLIPS 1. Write for It 1409 N. Y. Ave. NW. FIRST MORTGAGE NOTES FOR SALE IN DENOMINATIONS OF 500 DOLLARS AND UPWARDS Shandill T Hapne 7307 Conmectivat ,%m Second Trust Notes Are Purchased by The National Mortgage and Investment Corporation On A Fair Basis (i'anporary Offices) Third Floor Sansbury Building 1418 Eye Street, N.W. Realtor Main 4600 - 7 G - -