Evening Star Newspaper, August 1, 1922, Page 25

FINANCIAL. ° STOCKS ARE SLOW * MOTORS SELL OFt Adams Expres: Ajax Rubber. . Alaska Juneau... 1% BY STUART P. WEST. Allled Chemical. NEW YORK, August 1.—The lncklulhchnmm of uniformity and a consistent' price mgfi?fim’, trend which characterized the stock | Am Bogch. .. arket movements today was ex-|Am Brake Shoe. plained by the trading attitude tc- AmCan..... ward important outside events. Am Car & Fdy. Am Cotton Oil. It is conventional, after a period in [4m Bror 2 ke which the market has been dischunt- | Am Hide & Leather 13% fug future developments, for quota- [ Am Hide & Lthrpf. 71 1.ons to become uncertain and rather | Am Ice . 110% 1imid, and these developments are|Am Inte a t to be realized. Am La France So traders were content to hold | Am Linseed. aloof from new commitments until|Am Linseed pf the raflroad executives' conference on | am I'ocomotive, the strike had taken some definite | Am Radiator. ... . shape. The meeting got under way with so | 4™ Safety Razor. . yopresentative an attendance that the | 4T ShP Com. \treet was convinced that lasting de- [ Am Smeiting. isions about the shopmd strike | AmrSmelting pf. would be made. Am Steel Fdy. Stocks started off quite flrm, but | Am Sugar. wfter fractions had been added to|Am Sumatra. fiany of the more prominent rails|Am Tel & Teleg. industrials, business _slowed | Am Tobacco. . wown and prices became irregular. Am Tobacco (B) .. 14% Will Affect Coal Strike. Am Water Wka... 16% The financial community believes | Am Woolen. T oo that if the railroad strike is settled | am Writing Pr pf.. 20% Ybefore the end of this week it will naconda. Nave & powerful effect on the coal |4 Ann Arbor p situation. The invitation issued by J. L. Lewis fi:s:‘Dry Goods. .. 6% «f the Coal Miners’ Union to opera- chison. . s of the middle west to meet with |Atchlsonpf....... union leaders in Cleveland on next | Atlantic Coast Line Monday was quite the most encour- | AtlanticGulf...... szing occurrence noted in the long | Austin Nichols. t s Baldwin Loco. for a fortnight have been 1g the end of both strikes. |Balto & Ohlo. 53% In this process, such resenta- { Balto & OhloDf.... 63% ce rails as Pennsylvania, New York [ Beth Steel (B) k) al., Norfolk and Western, Rock | Beth Steel 8% pf... 114% st. Paul and C. & O. have|Booth Fisherles. ... 8% point to more than two points | Bklyn Edison. . ..110% t market history susgests the | piyvn pania Tra, .. 5% possibility of _reacti when the | gt poD Trotfa. 2% good news finally comes out, | Bkiyn Union Gas. .. 110 About the onl eature of the rails = today was the rise In St. Paul com- | Brown Shoe.. e mon and preferred, which eased off e later. o Motors Are Weak. Butterick........ 2% Weakness in the motor shares re- flected the views of the trading com- | Caddo Ofl munity on the price cuts being an- [California Petrol.. 5% nounced_almo. . The General |Callahan Zino.... 8% Motors Corporation units are the lead- | Canadlan Pacific.. 141 ers in this price-cutting campaign, |Central Leather. .. 387 but the stocks of competitor compa- | Central Leath pf. nies are the ones which are suffering | Cerro de Pasco most in the market. Chandler sold|Ghandler Motor. off rather sharply, as did Hudson Mo- Tors and Maxwell, but Studebakeryheld | Shies & Olo. aready. “With price-cutting now un- ChllAl!on. der way with a vengeance, it is about e pt. A fime for the protessional traders to|C & EIlU (new) start the rumor that Chandler's divi- | Chi & E Ll pf (n). 66 Gend is in danger.” said a partner in |ChiGreat Wpf.... 3:: of the pig Broadway houses | Chi Mil& St P. is close to the Chandler man- |Chi Mil & St P pf. acement. “There is one thing which | Cat & Northwn should be borne in mind about Chandler. | Chi R I & Pacific however,” continued this man, “and|ChiRI& P 6% pi that is that Chandler will make mone¥ | Chile Copper. at whatever price it sells its cars.” C CC & St Lou! Rails Lead Advanmce. CCC&,SL L pf. Rail shares continued to lead in the | Cluett Peabody. advance which carried the averages |Coca-Cola... & more into new high ground for | Colo & Southern... vear. Chicago, Milwaukee and | Columbla Gas. Paul common and preferred, made ) Columbia Graph ew high 'prices. The buying is | Columbia Graph pf. 16% considered an index to the mind of | Cons Clgar which o 1 s the financial district regarding the | ConsGasof settlement of the strike. Cont Can. .. % il Corn Products. 108 Cluett-Peabody. Cosden& Co....... &4 Continued strength in Clueti-Pea- | Crucible Steel. 9 hody was based on the expectation Cuban-Am Sugar.. 26% f a restoration of dividends. The|Cuban-Am Sug pt. S1 ohpany has made great strides in|Cuba Cane Sugar. ;::: getting back to normal. Cuba Cane Spf... Earnings for the first half year 3 normal rate, but | Davidson Chem hank loans which stood at close to;De Beers $11,000,000 in 1920 and at $2,000,000 | Del & Hu: at the close of 1921 have now been | Del Lack & Wit practically eliminated. Dome Mines. . . The Closing. Dupont (E. L). In the last hour a flurry in Consol- dak {dated Gas. carrying it up about two | Eastman Kodsk.. 75 points. drew attention to the fact|Electric3tor Bac. o0 that today marked the end of bond | Endicott-Johnson.. conversions which theoretically had | Erle..... heen holding the stock down. Call | Erle 1st pf. money was in beltel; supply thnncon Erle 2a pt Monday, lending at 4 per cent. Cot- ton options _ finally reached levels | Famous Players. .. £3% more than $8 a bale higher thr the | Famous Players pf. 4% Way before and a late reactiod was|Fed Mines& Spf.. 51 not sufficlent to impair the market's | Fisk Rubber. 1% strength, Foreign exchanges woere | Freeport Texas.... 2 fnclined to sag, marks reaching a new low point under .0015. Gen Asphalt. 0%, Finaneial Notes. tsen Asphalt pf... las% The General Cigar Company in the | Gen 1885, i~ first half of 1922 earned the equiva- lent of $3.83 a share on the common | Gen Motors. . stock after charges, taxes and divi- | Gen Motorspf. dends on the preferred and debenture | Gen Mot 6% deb. preferred stock, as compared with | Goodrich. $3.92 a share for the first half of 1921. | Gray & Da The United Verde Extension Mining | Great Northe Company produced a total of 9,249,092 { Great Nor Ore. pounds of copper m April, May and |Greene-Cananea... 30% June. 2% Vs The Paige Detroft Motor Car Com- | Harbishaw Cable. . pany had one of the best months in | Hendee Mfg. its history in July, producing 3,500 | Hudson Motor: rs. Profits are estimated at nearly { pryupp Motors. 0 Hydraulic Steel he New Niquero Sugar Company's final outturn for the season amounted | 1jinofs Central. ... . 108 to 270.885 bags of sugar. The pre-|inoie Central pf.. 111% liminary estimate of the crop was|inimos U lior.. 14 O e fuction schedule for the| Interboro Metpf. .. ; Intl Combustion new line of Buick cars will provide | W8 COR N0 mylorr u;fi‘ for turning out 185,000 cars for the fiscal year beginning today. This | Intl Harveste: compares with 130,000 for the best |Intl Mer Marine 18 previous vear and 100,000 for the year | Intl Mer Marine pf. 71% Just closed. The new prices of Buick | Intl Nickel. . 1% ‘open models four-cylinder cars showed | Intl Paper. o a reduction of $50 and a reduction of | Intl Paper (sta)... 71% approximately $220 on open model | [nvincible Ofl . 13% six-cylinder and $190 on closed | Iron Products 2% models. Island Oil. . % Lo 30 Fan Kansas City Sou. .. Kansas C Sou Kayser (Jullus). . Kelly-Spring Tire. . 4% OF CURB TRADING Kennecott. .. Keyttone Tire. Kresge (88) By Special Leased Wire to The Star. NEW YORK, August 1.—Trading “&;:‘G":‘:m‘ K on the curb exchange today was m““,,,,.u{.;,;b.,: 28% moderately active, but with few fea- | Lehigh Valley. 5% tures except in the motor group. Lima Locomotive. . 109% It became known that the federal |Loews Inc. % court had denied the plea to post- |Lorilard. pone disposal of Alan Ryan collateral on Wednesday. This lncludes about 125,000 shares of Stutz Motor. Mack Tru This ‘stock became active, opening | Mao v Go t 15 and selling up to 16X, but sub- | Nannat Elec Sup.. tan Shirt. . sequently it dropped to 14% and hung just above this figure the remainder ©of the session. Willys first preferred gained more than 4 points on the news that agreement had been reached betwéen Willys Overland and | Maxwell (A) Willys Corporation by which claims | Maxwell (B) aginst the former company would be | May Dept Stores. settled by payment of $750,000. :‘hlnlynl’orcn.. Otls Qufet. ! exican Pete. ..... Mex Seaboard Oil.. Standard Oil of Indiana was more b7 an Sebd ctfs. quiet than in recent gessions. It sold between 1081 and 109 mo; time. Atlantic Lobos contini of the strong, making a mew high for the present vale movement at 11, and substantial gains | Minn & 8t L (n). occurred in Standard Oil of Kentucky |MinnStP&SSM. Miami Copper..... | Midale States Ol Bteel and Ohlo Oil. Others of this group | ME&TWI1...... 18% held their recent gains. Cities Service | MK & T 1st pd..., (1% issues were practically neglected, but | Mo Pacific. 8% held around their previous close. New England Fuel, after opening up a point, lost the better part of this ain. Maracaibo assumed the active cadersbip _of the independent _olls, reaching 17 on heavy buying orders and a good demand appeared for Mu- i o I -taking ~ contin n Phil Morris. Britlsh-American Tobacco and D X ntase ‘'obacco Products exports were quiet & and siedy. Uit |'N ¥ N H & Hartfore 313 Todd Shipyards got down almost 13 | N Y O & Western... 28% points at one time, while Goldwyn Pic- | Norfolk & Western. 114% tures and den Chemical were | North American... % e Escomott leas active, | Northern Facitos”: 19" otive was less ac but held the better of Its Tecent | < e Natl Biscuit. . atl gains. Dubilier Radio was strong and Othhml\ Prod, recorded fractional advances. % Ontario Silver. g 3 Buz“ ::P (g u:num lu:;lud the min- | Orpheum Circuit... 18% ng 'ment, fou dupes traan I:o“.n‘-' 2 good frac- | Otis Steel......... 1% were fairly active and slight- } Pac Development. 3 A bigher. P 53 e Pac Gas & Elec. [ %= 5Ea- 353Fassgagt magusseageyy 1% lfl;ggifl ¥ §¥ay sgofeeggaagt saggseenncygnisiogaggugngt Bfgfanay E ¥ 3 E5ap 338Evegny NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office - THE EVENING STAR, WASHINGTON, D. (o N. Y. Curb Market U S Smelt & Ref. U S Steel. Vanadium Corp Va-Car Chemic: Va-Car Chem pf. ., 624 62 6l% e Vivadou n n 0% 10:: Wabash..... 13 18% 12% 12% ‘Wabash pf (A) . 88 8y 2 2 ‘Wells-Fargo Exp kil ki) k) ™ Western Md. . .12 2% uU% u% ‘Western Md 2d. (Quotations furnished by the Associated Press) INDUSTRIALS. Canada _Copper. : Candelaria Mining. .3 Cons Copper .. i Silver Cresson Gold El Salvador . Eurek: 1800 In 2000 Jim Butler Ton 1000 Jumbo Extension 1000 Kewanas Mintng. 6000 Lone Btar ... Western Pac pf... 60 Western Unlon. ... 106% Westhse E& M. ... 6% Wheeling & L. ... - Wheeling & LE pt. S ‘White Motor.... B Ak Wil olls L 20l ickwire Spencer. . 800 Ray Hercul gen 1% 1 Willye-Ovenana, . 0% 106 1646 1641 00 Rex "Consolidaisd.. - ot e S% 8% 84 B “jo Bouth Am P & G... 4% 4% Willys-Overland pf. &% 4% 424 44 | 20000 Buccess Mining. 22 Wilson Company... 48 43 4 438 200 Tonopah Belmon 1% Wisconsin Central. 29% 26% 29% 29%{ 100 Tonopah Extension. 14 14 Worthington Pmp. 3 L 52% &8 1000 Tri-Bull Sm & Dev .12 h Wright Aero...... 8% by Private Wire Lirect to The Star Offica, [ov w5 soms BONDS o ] Columbla Gas 5s. Con Coal M4 1st ref Con Gas conv 7s Cuban Am Sugar 8 Cuba Cane Scvdeb8s... %2 Detroit Edison ref 6s. ... 103 Du Pont de Nem 7%s. ... 107% Duquesne Light 6s...... 103 Empire Gas & Fuel 7%! Fisk Rubber 8 Framerican 1 Y Goodrich, BF, 648 w Goodyear Tire 8s "31. Goodyear Tire 8s'41. Holland American & f 6 Humble O & R 6%s w i. 100 Inter Agricul Corp 5s. 0% Inter Mer Marine 6s..... %% ! Inter Paper 1st 58 Kayser (Julius) Lackawanna Steel 58 Liggett & Myers 5s. Montana Power Morris & Co 1st 4%s New England Tel 5s wi TUESDAY, ‘AUGUST 1, 1922. N Y Rysadj 5s.. 0k 10% o INYWest& Bosatis.... G4 W o James M. Carter & Co., Inc. BAL?“‘OREHOECE (55% | Norfolk & West cv 6s.... 114% 113% 11s% 1311 H St. N.W. merson Ho 06% Northern Pacific 3 . 62% 62% €2%] Tel. M. 657 bl Telephone - Plaza 8451 X rthern Pac 5s temp... 9% %% 9% el. M. 657-638 2| " . ‘g* North Pac ref imp 6s. ... 108! 5 107% | Ore Short Lref 4s. ...... 108% | Ore Short L con 58 '46 97 1003 | pennsylvania gen 5s. . 101% | pennsylvania 6%s. . 6% | Pennsylvavia gold 7s. 100 80% | Reading gen 48 %% |RIArk & Li433s. .. 8 105 8% | St L& S F prln 5 9% | St L& S F inc 6 8% | St L& SF 5%s B. 1114 | St L & S F adj 6s. 89% | St L& S F prin 6s. 9% | San Antonio & A P 4s, . % Money to Loan - Becured by first deed of trust on real estate. Prevailing interest and comminsis Z 420 Wash. L. & Tru Joseph 1 i e S " TiBERTY BOND PRICES Ore & Cal 1st 5s. Ore-Wasa 1st ref 4 Paris-Lyons-Med 6; Pennsylvania gen 4%s. MONEY TO LOAN Peoria & East inc 4 Pere Marg 1st 5s ON FIRST MORTGAGES StLIM&SR&G 4=. SIL&SFprinds...... AT CURRENT RATES 0!“ INTEREST Sl e \ . g Low. Class. | 400 . High. Low. 290.| UNITED STATES WAR BONDS. RAILROADS. Camss | > 13 Iy 13 18 2000 Ac: Pa 40 High. Low. Closs. Vietory e . 100.10 ' 6% 64 K% 00 Ami e !g Liberty 8%4s, 198347.... 132 10096 10122 | Atchison gen 4s N0 DEDUCTIONS MADE. | < i Pan-Amer Pete. mE Tk T % | 90 Amals 1297 | Liberty 7ud 42 192742... 10042 10040 10042 |AtlanticCLL &N 4s. Bonds Bought {n All Denominations, 1 Att ti We Houses, Pan-Am Pate (B).. 66% 68 6% 6 | 300 B 014 | Liberty st 430 108247, 10158 10182 10134 .| Balto & Ohio prin 3%s. % LIBE! i ention ;i Business Panhandle P & R. ™ TH TH 55" | Liberty 24 4% 192743... 10060 10048 10056 |Balto & Ohio rez 58 RTY BOND. EXCHANGE || 0 and Properties, e wn | 1% | Liberty 84 43 1928...... 10060 10050 10054 SREiTE: 85 N | WREIS .. Apartments w1 7 1583 | Liverty 4th 43(e 193838 10184 10122 10130 Hours, § a,m. tb 5 p.m. Maln 2007, || 87 864 8% | 1100 70 | Victory 4%s (called).... 10048 10046 m: e tam : If you want to buy, sell or vent 2% 2%, % 44! 44% | Victory 4%s 1923... 10090 10086 100 Real Estate, think of 7% B&OP | Wi Paillips Pel - Dunlier droter 113 .11% 1%| FOREIGN GOVERNMENT, STATE |p,0fLE&W Vads. & 8% i LANHAM ‘ Plerce-Arrow, 0 o ok | ‘300 Durant Marorant JS% G2 4 AND MUNICIPAL. BiIR T 7821 ctfs ! i &HILL Plerce O1. . 2 % T% 7% 200 Gibson Howell ... 208 201 20% Canadian North 8%s ‘] 1400 H St. Main 3 Piggly-Wiggly. @ 4 4 | 4000 Goldwyn Pictures.. 7 7! 7% | Argentine 7s. . .. Canadlan North | L g8ly 100 Goodyear Tire. 107 10" 10” | Belgium 6 Canadi b . l £ Gt x| fmmem Vel sy my ey k Gentral Bacifods. | U T }% M;n: ll::r-m 8 ns% 5:“ Berag g:""“ of Georgia 6s 4 e | Pt D B 2 T | eoMemedineve 2% 3% | Bolivi: Chera Onlocy Rt i| We Offer for Investment Public Servof NJ.. si% 91% 0% 91 | 515N ?"mfi"%' 1008, 1077 | Bord o Chicago & Alton 3%s.., 51 S BO% | R 1E 120% | 100 Peerless Motor 59 i 59 CB&Q1 101 101 i w6 2% e Radio, Co%p % ’:',‘s i 3% Chi Great Western 59% 60 o improved proverty. 10’ YIELD 'o% % 25 % Ray ConCopper... 16% 16% 16% 16% | 1000 Routh Coal & Iron. .38° .38 .38 ¢ mmz‘t 6% 6% 76 76% | 3000 Stutz 12 ::!( “‘5 Canada 5s 1952 PROMPT r&'!‘li:n'r orn INTEREST min YDr... 3% T4 6% 6% - | ANTEED. Replron&Stesl .. 73 m 7 12 | 30 6 ) of 80 issues i| B f Bethesda, Md p Motor Truck. 9% 9% 9 9 28 28 2814 | Chile 8s 1941. i ank o ethesda, . ReynoldsSprings. 20 20 28 28 1800 1 8 15y 18 1514 | Chinese Govt Ry g {| Phones: Cloveland 1919 and Bethesds &1 g;y:loll)dum(:). . u: um;f :u 2800 West Enp Crindy-. s st 20 S:De;lhnlgenks:fi' Selected with — — Y utch. 53% 63! 1800 Willys Corp 1st 301 29% 30 echoslovakia 8s e e 100 Wiliys Co'8 pr 3F 287 3P %7 ganmnr: 6s. L l: = care. Offered StL&SanFrofl. 62 B8 82 BK| 100 x0e ameron D S 1mn 8% Duten Bast ind 6a 47, i 8 %% ey s 106k Todse 105 as attractive 11 A gz Louls Southwn.. 80% ,80% 80% 80| 500 Atlantic Lobos o 117 |DutchElsf 6s'62. 9% 9% M%) Colo Southern ref 4tgs... 89% 9% B investments.~ { 1 t Louls Sown pf... 43% 8% 47% €% | 10 Burek Pipe Tine.. % % ° & [French Govtss 12% 100 101 | S0 Sourhern sk 8 B eeping up gubo‘r; M«;n:'"ij D@4 4% @ G4l 20 IMinoie Pipe Line.! 162 162 102 | French Govt 7% 2 9 i | Cuba RR 18t ref73s... 104 104 104 eaboard AirLine. 7% 7% % 4| 3 pe Line 0 @0 |Japaneseds.... ™% T . 101% 101% 1014 5 i i Sehbosra ALy, mw e wa e BN 2, S |Sibunese thii L B W < i Send. for withunderlyingnewsandfacs Sears Roebuck..... 80% 80% 80 8 | 1400 Stand OIl of Ind.. 100 1081 108% | Japanese 2d 4%s . om% w4 92 8% 6% our August List SVPCIALVE JOr Chose Satcte Seneca Copper, 12 12 12 12 800 8t 011 of Ken new 98% 03 95% | Lyons 6 8% 8% Den & Rio G con 48 78 ®” ested in the profic possibilities of if‘”.‘.f'&‘,’l" fran: 36% 36% 96% 36% 10 Swan & Finch.... 33 33 83" | Marseillos 68 83k E3% fi: Detroit United cn 4%s... 8 8 48 d New York Curb stocks. . inclair Ofl. . 81% 81% 0% 31 INDEPENDENT OILS. 45% 45% 5, b i 1 | T . e T R T L X e Erie 1st con 4s. The National City Company SECOND TO NONE is our Sloss-Sheffleld..,.. 41% 4% 47 47 3% 3 . 967% Erie cony. Washinzton—741 15th St. NW, i brokerage organization in fa- Southern Pacific... $2 9% 9% 9% "‘;% <’f Norway 8s. ok 10 10 | oEe e B, Teleplone—3lpin 8176 cilities for rendering compre- Southern Railway.. 25% 25% 2% 26% 3 a2 3 Queensland S101% 100 101% 4 ol s D 2 hensive information service Southern Ry pf.... 63% B8% 651% 68 2200 Boston Wyoming .80, s Queensland 7s . 109% 108% 109% Erle & Jersey o to customers. Stand Oll of Calif.. 106% 107 ~105% 106 | 1300 Rrit Con Ofl Fields 1% 1 1% | Rio de Janeiro 8s...... 9% 9% ' GET NEWS = Stand Oflof N J... 181% 181% 181l 181% % 1y 1y | Riode Janeiro 8srots.. 100k 100 | £ s Stand Olof NJpf. 117 17 117 17 Ky K 4 | Rio Grande do Sul 8 | get facts—more facts—is the s Trods i W% 0k 0% | Sao Paulo, State of. 8 e || consmnturee upon our infor- 2 eine, Dept of, 7 — mation department. 19 19 19 € olrer: f Sher o e Beryice, - TR R & Swaden ca. Inter Rapid Transit 5s.. i§: 2 e Submarine Boat. %% 6% 100 Equity Pet pr.. E 4% | Swiss Confed s 115% | 1nter Rap Tr 68 w1 . ® 1w B ! i reports on all [’opular New Superior Ofl 64 64 6% | 0500 Federnl 101} . 1% | Toklo bs.... % | Inter Rap Trev s wl... 9% %% %% York Curb stocks. Telegraph Superior Steel. . @ n | 200 Reosiund Ol 4% 42 | Utd Kingdom 5%s'22.. 10% 109% 109% | 1ni & Gt Noradj6swi.. 62 62 B2 | and advance information and Sweets Co of Am. 8 8 | 50 Glenrock 0 14 14 |UtdKingdom 5%s'29.. 10 108% 110 | fowa Central ref 4s. “h Ifil 0 news wired hourly to our udson, 01l 18" 18" | Utd Kingdom 5%5°37.. 105 104% 104 % 9% | offies. -‘5:2;‘,"83,‘;‘,,’.',;; e ::a m 2“ ::t 1000 porer Petpanm, % A% Zurich8s.............. 18 2% 13 ?:nlccg‘s": ;;lui‘ 9% 9% 1% & DAILY MARKET FEATURE Texas Gulf Sulphur 8% 8% €% 48 | 1000 bance Crerp ) MISCELLANEOUS. Kaneas City Sou 5 S il FIRST MORTGAGE | Service ac close of market. Texas& Pacific.... 31% 31% 30% 81 | 500 Liviagston Pe T4 1% | Ajax Rubber 8s.. - 100% 200 | Kimke Bliors (8 1741 9% % 9% | || Do you uant this? Texas& PC&OIl.. 25% 2% 2% 25 | 1900 Lyons Petroleu 0" 70" | Am Agri Chem 7igs.... 104% 104 104 | Long Island ref 4s 06 108 108 | Eight page weekly newspaper Third Avenue 25| 2000 Maracaibo Ol 17 15% 17 | Am Cotton Ol 58 ey 8 o DoUWE N e R NOTES i e o Tobacco Prod ™% T Tk | 130 Mesten on SLMT 8B By (i | Am Smelting 1st s saw su | MarketStRyconsBe.... B S0 L) s, e ?::nn:eg:‘:rgh. e 5:2 rt i‘;!‘: :z 900 Mouniain, Producers 14t 148 143 An i“l‘;’,:‘*l" : o i Min & St L ref ext 58 . SECURED BY FIRST DEED y: ¢ ‘ . ¢ s 3 ‘ m Te! el cl tr 5 ABOV, RV i Twin City R Tran. 821 B2% 6235 b2 | 3000 Yew Enkland Fuel 5 % Up|AmTel&Telcltrbs... 8 OF TRUST ON IMPROVED 8| £ E'E_Z‘!:'CE FREE i Am Writing Paper 6t . B6% | 5 i Union Bag & Papr &% @ e son| 30 Gnar ol 15 7+ | Aniton Jurgenp ev Swwi DISTRICT OF .| “Investors& Traders Guide” | Penn Mex Fuel. 34 Armour & Co 4%s 3 new 33 page book . 4000 Red Banks OIl .14 Dnion Pacino.,.... 1% 1% gtk 10X | 450 Bod Bae O, Y Atlantic Fruit 7. COLUMBIA | FREE ON REQUEST 1 ol 81% | 1300 Rimms " Petrotonm . 8% Atlantic Refining 58 w 1 10 Paimmeic e o o o & T g e B United Ry Inv..... 13% 18% 18% 134 L3 Bell Tel P:g?n... et e i JONES & DAKER b R S R Wiicox' oM. B Bethlehem Steel Denominations Members New York Curb Exchange USCastIrPpt... m% o MINING. o 11914 | N X Central 7s. . Direct Private Wires USFoodProd..... Th 1% T% 7% ,i000 Amer Com M & M ile Copper 68 9% |N ¥ Central deb 6s. ... 107 174 Wil $1,000—$500—$100 New York Chicago Boston Philadelphia USindus Aloohol. . &3% 604 83 64 | ‘a0 b fede - Guile Copper Ta N B TR T e T peore * Baitimore Clerea 5 |2 300 % Call Money. - 819 500 + 410200« 2p.m..... 80 500 EXPORT FOODSTUFFS OFF MORE THAN $500,000,000 Federal Figures Show Heavy Drop in Value for the Past Fiscal Year. Foodstuffs exports during the it fiscal year fell off in vl.luE by l: re than $500,000,000, as compared with the fiscal year 1921, according to for- eign trade reports issued today by the Commerce Department. The total value of foodstuffs ex- ported during 1921 amounted to $780,000,000, as against $1,335,000,000 in 192 the bulk of this decrease due largely to the decreased price, the department explained, falling on wheat flour and cottonseed oil, as there was a very marked increase in the exports of coarse grains, such as barley, corn and oaf Exports of corn, aggregating 176,- 000,000 bushels, valued at $116,000,000 Norway, demand, 16.85; Sweden, de. mand, 26.05; Denmark, demand, 21.44 demand, 19.00; Spain, d ; Greece, demand, 2. Poland, demand, Switzerland, mand, 15. BONDS. Allied Packer 6s... Al ke A Am Tel & Tel 6x "2 100% Am Tel & Tel 6s °24 1013 fs. 10074 29 1 bt Anaconda Copper 5 Gon 3 Con Gas Bait 6s. 1 Consol Textile 8 1 ww. 101% 101 3 Ta0 108% 108 98 o8 Frele Presse says: got to the point where the govern- ment either directly or indirectly will turn to a system be compelled to 10034 | Wilson & Co cv 7% NYGELH&Pbs. New York Tel 4%s. North Amer Edison 6s. Packard Motor Pacific Tel & Tel Pac Tel & Tel bs c Pan-Amer P& T 78 < Philadelphia Coref s A. lz% Producers & Ref 8 5 Public Service 5 8% Sharon Steel Hoop 8 %% Sinc Crude Oll 5348. ... 95% Sinclair Ofl 7%8 104% Sinclair O 7s. .. . . 9% Sou Porto Rico Sug ‘Westinghouse 7s. Wilson & Co 1st 6s. 100 wilson & Co cv 68 2 104% 100 13- E‘t_: 103 582 8 101 18 100 95 | Southern Ry 1st os. 107% | Southern Ry gen 4s. 91 107% | Third Ave adj 6s, . 97% | Union Pacific 1st 4s. 9214 | Union Pacificcv 4s. 86% | Wheel & L E con 4s. W 7% T 98, | Wisconsin Centgends... 82 & ¢ 6% TOTAL SALES (Par Value): 104! %% 32 noon " esmom 200% ip.m . 9133000 2pm <eeeees 10765000 The Safest Security on Earth m 9674 SAVANNAH. Ga.. August 1.—Sta- & ute Snfek 7 So% | tisttcs were preparsd at the Savannan | | Will Help b o 108% | cotton exchange showing the opera- %% | tions for the cotton year ending July 31. The total receipts of Sea Islands . toow | ana uplands for the season were 762,- 4. Insurance Against Loss. 103e | 681, against 738,863 for last season. 5. Protection Against Depreciation. 0% 12530, with the lowest 11%. against % | 3% for last year and an average price 100 ton pi 104% | $69,403,97 11-18 18- 8% 1s%| COTTON REPORT FOR YEAR. g)afla/a// %‘ c%zynef & (Z. 1207 @uzflm‘//cul (14)’0”110 Sou Pacific cl 4s. Southern Ry dev 63s. . Virginian Ry 1st This: @ Booklet Every mortgage is less than 509 of the ready market value of the property. You Liberal Income. The highest price of the season was Prompt Payment of Interest. Repayments of Principal in Full at Maturity. Choice First Mortgage Investmsnts The total value of the cot- ng through the port was against $62,689,638 for of 18.11. a. responsibility, is to be found in our First Mortgage Notes on improved Washington lln 191_2:;l '::'f n;;’c{.le;nz t‘:n; !lm;l {g;;: —_— 1920-21. The Sea Island values in- s g n , due, the depart- “TERM SECURITIES. cluded in these totals were $239.209 ment stated, in large part to the ex- oo 1;?:::’54 by Bedmond :l::‘ for the season closing today, against 3100—8250—5500—81,000 : “eali s the relatively low beice of ihis ol e R e e 2! —_——————— 1 commodity In the United States, mak- 102% | A tuminum Co. of Amer. 7s 1925, 103% 304" w‘lllAM s P“Ill“’s i ing it possible for Europeans not only 1 Un Oil Calif 6s. 101 { American Tel. & Tel. 6s 1922.. 1004y 100% | Rebuilding of organs in theaters . to substitute this grain to a greater| 1 Un Rys Havana 105% American‘Tel. & Tel. 64 1924, 101% | constitute a principal part of the Call, Phone or I extent in human food, but also for 2 Vacuum Oil 7s 10714 { American ahmgn 192 102% | current business of a manufacfuring i 1, Realtor N e 3 Wincheater 7 102" { Anecondn Covper Ta, 1024 101, |retailer of musical instruments. This Write for It 1409 N. Y. Ave. NW. Main 4600 Exdvort;o soo(n n'ohan Ii"ol'hl"l aggre- BoRDE Anglo-American_Oil Tis 1935.. 104 1 is a seasonal condition, as such work B‘s‘;ooa e r o 2!“!'05{}'4)00 worth ruux.un NDS. yur 7s 1930. L 104% 105 [usually is done while the theaters $280,000,000, agains: ,000,000 bush-| g Argentine 7s '25...100 100 1087, 1031 |are closed for the summer. els, worth $690,000,000, in 1821. Ex- 17 King Netherlands 6a 96 5! 104% 104! ports of flour for the year aggregated | 1 King Serbs Croats 8s u& 95! 1014 1013 | Dress manufacturers say the fall 16,000,000 barrels, worth $97,000,000,| 10 Hamburg 4% eo 1 {%'« 102” | business has started in with a hesitat- $155,000,000. 'Mexico 38" 88 rt 8 102 ©0; on B R RO e e Gt e A 3 BEUT I dok | Loies Iy New, Enelant 8 pan %6t 000, - hy Packing Co. ko se compmit Wi iitoli%s| AUSTRIAN DOLLAR VALUE. [E Pl it iy sty ine comiey, 2o soveot2isll '8 Deollars to Doughnut ,000,f . i ¥. A s0 s 3 3 sotads, worth 154us o0 i 191 Briaf PR B o N ollars to Doughnuts FOREIGN EXCHANGE. Pall of Crown Ascribed to Situa- | S%iuie on & Rat. 1o 162 1o 16 N . (Quotations furnished by Associated Press.) tion in Germany. xeum‘;“:"’gw,g 7s 1980, e 9 WILL BUY N s " 5 Selllng checks—dollar values at noon today: ok o """{;_'{f“fi"g‘sufl"'&-‘:& ] 1%% l | ti l [.“ ce o WORD to the wise—Do not invest in "0'75 VIENNA. August 1-Dollars rose |X, X, CigL b o0 i oo} 0 = y A “doughnuts.” That is, do not invest 10015° to 42,000 as against 37,000 at the close s 3 co St ock y D : e i Saturday. The falling of the crown fs | Sears. Bosbuck & 101 rporatloll N in anything that has-a large hole in it, sscribed to the action caused by the r;fi";‘a Te 1 102 S. A. SCHOOLFIELD N whether you see the hole or not. Spec- + German situation at the end of the | Bmifl &0 &7, e 108 Room 310 Continental Trust Bulldiag ulation, always so attractive on account of month, which, it is uu,m mlk:: a “2 F Rubber é:mvw.lg 102§ 1o 5 Its, is for th be d for standard monies meet Electric 78 o . 108%4 | H H e num| T NEW YORK, August 1—Forelgn | forcie, ‘obligations. The publication | Westinghouss B &M 70 138 1074 108% | its quick EESIt, N 9 exclRige .;‘g"’é‘.m.‘.’.":fi.i"‘“"' de®| of the new statutes authorising new SCallea Sept. 1, 1922, at 100%. EQ U IT A B L E | of holes it has surrounded through which mand, 4. H b8 = es of bank notes is also a factgr. ———— 3o y %&xtyd;:fl:l:l:dol'\lbs-.:l:%ut“' <0 u-rg wapapers define the ntun;:ln 28 TREASURY CERTIFIATES. X Buildi the money of credulous and ambitious rance, , 8.15; , 8.16%. hole for lssuing more printe Quotations furnished by Bedmond & Co.) A Italy. demand, £.52; cables, 4.53%. | myrremey which . the government| : Co-Operative Building people has dropped away to nothing. ; .’Bg' jum, demand, 9.7 cables, | promised to hnrohlbllltih'{:n;-a"-rct;n- uwum’ls 1922 Associafion » LT1%. that the soc n at 2 : . \Gotmany, demand, 1%; cables some form of bresdsubaidy must be Beptember, 15, 1922 Organtsed 1870 i S B . . if uncheckes ‘1 vest- Holland, demand, 38.60; cables, | Hedomteke attitud £ Emphgtically, the most suitable inve $6. ment for ambitious people, for people with .013% ; Czechoslovakis, demand, 2.41; Argentina, demand, ::.:z:,?fllfl, demand, 13.70; Montreal, —_— PARIS BOURSE FIRM. PARIS, August 1—Prices were firm on the bourse today. Three per cent rentes, 59 francs 60 centimes. ‘ Exchange on London, 64 francs 24 centimes. ;".:muntmutmnm. The dollar was quoted at 13 francs 19% centimes. - — The Tondon - Stock Exchange, founded. in lll;l with 500 I:cmh Bow has a mem| of some Qfi of food subsidies.” —_— ASK A REHEARING. The Southern Pacific Company filed in the Supreme Court an ap-|steady. plication for rehearing of the famous Southern Pacific case, in which the ocourt recently handed down ‘an -1,'. on directing the compafy to divorce itself of ownership and conr trol of the Central Pacific rallroad. 100% | BAW SILK STEADY. double fll, 7.20a7.25; No. 25; Canton, extras, A 14- A steam t No, 1, 7.25a7.40; Kansas Ne sas _bes 0. o STab1e dees, 8258540, = !‘Dress_linens have just cl ‘unusus! ‘season, and 0. 7.16a 7.65: has| NEW- YORK, July 3L—Raw silk Prices per pound: Kansas éxtra cracks, 7.80a7.90; Kan- property. Let us tell you about them. the systematic savings the itable. It has %o thousends dad will Subscriptions for the - 83d Issue of Steck -I-llcwv Shares, $2.50 Per Month EQUITABLE BUILDING 915 FSL NW. JOBN _JOY EDSOY. Peestdent FRANK P. RGESIDE. Secy. ipfal Swartzell Rheem& HenseyCo. 727 152 Street NW. 53 Years Without Loss To An Investor W N N S N R g S S PV Y Y AW