Evening Star Newspaper, August 3, 1922, Page 26

"2 i Six Rooms and Bathroom. Built Complete $5,25002 Permanent Homes 120 Others at $2,500.00 to $15,000.00, Built Complete. $25.00 to $60.00 Per Month INTEREST YOU? Before You Buy—Before You Build high grade guaranteed material. Homes, No. 141B. Come to our beautiful Washington, D. “Honor Bilt” Modern Homes Exhibit. At tive models on display. Open daily, to 5:30 p. m. Phone or write if not convenient to call. IMPORTANT—Please do not confuse or sectional buildings. 704 Tenth St., N. W. Washington what the temperature on the outside. ashes of a coal fire. Cash or Easy MONTHLY PAYMENTS DOES A SAVING OF $1,000.00 TO $2,000.00 Let us prove the big saving we can make you on $45% Per Month. Get Our FREE Book of 120 1922 “Honor Bilt” Modern trac- Other hours by appointment. - our Permanent “Honor Bilt” Homes with portable e B The *““Hanor Bilt" System Saved 40 Per Cent Carpenter Labor by Actual Test. Sears, Roebuck and Co. Main 7036 brings Black, It’s best to say ‘“SHINOLA’’ Great For School Children The SHINOLA HOME SET helps the children to form lasting habits of economy, by making it easier to get the daily shine., The genuine bristle dauber cleans the shoes, and applies polish easily and quickly. The large Lamb’s Wool Polisher For 100% neatness, the shoes should be shined daily with SHINOLA. Shinola— Always 10c BY GUY T. ROCKWELL. Special Dispatch to The St duction in northern Ohio reached a total in excess of rate. Jargest number since the end of but additional plants banked have switched to oil as fuel. terfe! ger boat ser and Detroit Freight boats, only slightly coal. has been however, have Cy result few workers are idle. 3 o have risen materially, due crea material. Change From Coal to Oil BY DICK SMITH. Special Dispateh to The Star. KANSAS CITY, August change of man oil as fuel to go ahead with from the coal and less rail strikes iness men. Situated near delivered by pipe lines, many have been adapted fuel and Kansas city has ceased worry, although. of course. the ing_reflected h Kansas city business last y hat Te wholesale that record. now holding exceed lers are yle show and the shine with a few strokes. Tan, Whits, Ox-blood and Brown. The Sign That Greets You at the Coal Dzalers Perhaps you have already learned to your dismay that your coal dealer cannot furnish you with coal that you need for the coming winter. Are you going to sit back and wait on him, when others are heating their homes in a most satisfactory way without the use of a single piece of coal? Automatic Heat Machine That’s the‘w-y that over 150 families right here in Washington and th all over the country are heating their homes without the use of a single ;i:::ng; coal. Automatically keeps the temperature at 70 degrees in the home, no matter Does away with the dirt, dust, soot and We want to show every home-owner the advantages of installing NoKoL in their heating lant. TODAY is the day—don’t put it off— )! see NoKoL demonstutes in our showrooms and ask for addresses of NoKol-heated - homes near you—then ask these users about its efficiency. MUTUAL SERVICE BUREAU, Inc. ——DISTRIBUTORS——. 1411 New York Ave. N, W. ' . Phone Main 2883 now has reached 107,000 casings a day, me- chanical goods departments of the rubber factories have been speeded up and manufacturers of belting are running at full capacity with many, of them falling behind on dellverles. | Tire production in the Akron section 2,750,000 casings in July. At the end of that month this output represented a daily increase of 22,000 tires over the June | Fuel shortage in this state, how- ever, is growing more acute, and the yes of every business man and manu- facturer are turned toward the meet- ing of the coal operators scheduled fires. and the Brier Hill Steel plant Shipping has not been seriously in- red with, although day passen- e between ~Cleveland curtalled. been delayed by shortage of | these Building construction in this entire section is extremely active, and asia s in- ed wages and higher prices for for Fuel Aids Kansas City have flocked here to purchase their fall stocks. Shortage of peach baskets is becoming CLEVELAND, August 3.—Tire pro-|a serious problem with the Arkansas Unless the suprly which |. orchardjsts. has been delayed by the rail strike is recelved shortly, many growers will suffer heavy loss. Car Shortage Is Now Felt in Coal and Lumber Area BY PAUL C. HEDRICK. Special Dispateh to The Star. SEATTLE, August 3.—Four im- mense tracts of Virgin Douglas fir timber in western Washington, ag- | Eregating 400,000 acres of primeval forest, will be opened up to logging and lumber manufacturing opera- tions this autumn and winter. Con- tracts have just been awarded for the construction of the necessary plants and camps and for logging el here mext Monday. Coal | equipment and machinery by one cor- L eotein "Cleveland for the last!poration operating eleven mills in Week in July totaled 682 cars, thelthe south. ~This tract comprises June, | more than 70,000 -acres on the Wash- their | ington side of the Columbia river s | and plans include the bullding of a town to house 4,000 people. { Three other large enterprises will i be under way shortly, and, as a re- | sult, there has been a heavy book- ing of orders among manufacturers of logging engines. The output of plants and of those making accessoriea and wire cable will be held at capacity for at least a year. The car shortage is beginning te be felt in coal and lumber distribu- tion. Imports of coal from Canada have eased the domestic and indus- trial fuel situation, but seasonal de- mand for cars to move the wheat and fruit crops is expected to make the 'railroad equipment shortage | acute. Preliminary harvesting of oats in western Washington indicates a light crop due to prolonged dry weather. +—rne| Commodity Reports y plants from coal to has enabled Kansas city interference than any other large city in the country, ac- cording to local manufacturers and bus- the mid- continent field and with an unlimited supply of oil available at a low price, plants to the use of oil to effect of the strikes in other sections are be- in minor degree. mi¥inery ar totaled $5.000,000, and manufacturers who supply retall- ers In every large city in e midwest are confident this year's sales will fari__ K v, & e, "whaar | -American Woolen is finding as 2 re their annual undreds of buyers From Various Sections Leather. CHICAGO, August 3 (Special).—Both upper and ole leathers continue to gain strength. Reports from the east indi- cate considerable inquiries for lower quality leather, particularly sole offal stock. Thif is expected to assist mar- ket here. ~Belting butt business con- tinues very brisk. PITTSBURGH. August 3 (Special).— 1Hides of summer take-off are strong. Good, clean and properly cured calf- | skins are commanding a premium. Tal- low is quiet. Woolens. BOSTON, Mass.. August 3 (Special). sult of its openings for spring goods for 1923 that preference of buyers is still for woolens over worsteds. Wool- ens have been selling very well and several mills of the company are over- sold on woolen cloths. Worsted sales, however, have been slow 5o far. Tobaceo. PHILADELPHIA, August 3 (Special). —Manufacturers of _high-grade cigars here are working their plants at ca- pacity. At Reading and Lebanon 3,282.- 960 middle-grade Cigars were made last week. This is a little better than recent output. Retailers here complain of price cutting. Prunes. SAN FRANCISCO, August 3 cial).—Trading In prunes has been extremely dull. Both buyers and sell- ers seem to be content to walt, al- though private inquiries point to early resumption of activity. Hardware. MINNEAPOLIS, August 3 (Special). —Wholesale hardware dealers report volume this year to be 18 per cent larger than last year. Heaviest sales are being made in staple articles. but there is also an increasing demand for specialties. (Spe- Jewelry. NEW YORK, Ausust 3 (Special). Wholesale jewelers here report de- mand for pearls has shown large im- provement throughout middle west and Pacific coast states. Dry Goods. ST. PAUL. August 3 (Special).— Retail dry goods trade in Twin cities is quiet. Heavy advertising is being done to move merchandise. In rural districts, however, demand is increas- ing_and substantial sales are being made. Rubber. TORONTO, Canada, August 3 (Spe- cial).—Firestone Tire and Rubber is about to place new tire factories in production at Hamilton, Ontario, which will turn out at least 1,500 cas- ings a day. Bullding Materials. SAN FRANCISCO, August 3 (Spe- cial). —There has been a further sharp advance in building_ material prices this week, and this firmness is being augmented 'by increased activity in construction of dwellings. Live Stock. FORT WORTH, August 3 (Special). OFFICE SPACE The Ed.monds Building 911 15tk St. N.W. Washington's Newest Office Building Harry Wardman 1430 K ST.N.W. Main 4190 BANKRUPTCY NOTICE - IN THE SUPREME COURT OF THE DIS- trict of Columbia.—Holdis ourt.—In the maiter of Carmine Bankrupt.—In_bapkruptey, No. 1318.—To the creditors of Ci ine Garofalo, of the City of ‘Washington, District of Columbia: Notice is hereby given that on the 25th day of July, AD. , the said Carmine Garofalo wa duly adjudicated bankrupt; and that the firsf meeting of his creditors will be office in the Wilkins bullding, 1512 H D. C. day of Augu . 18 at which time the said creditors may attend, prove their claims, appoint s trustee. examine the bank- Tupt: and transact such other business us may Fflp‘rlr come before sald meeting. RALPH . QUINTER, Referee in Bankruptcy. IN THE SUPREME COURT OF THE DIS- trict of Oolumbia.—Holding & Bankru Court.—1 the matter of Otto ’Plflllr Phillips - and_ Edwin J. Goulpee, individually o ers, trad “Enillipe Fiela- B oo ho. the cradiiors, of Otto Phillips, Clay Phillips and Edwin J. Gouipee, individual: 4nd as copartners, trading as Phillips- Fielthman Tes ‘ream Co., of the city of Wash- ington, District of Columbia: Notice is here- iven that on the 28th day of July, A.D. Bewe mestiag. of mgmanm‘% ‘De beld at my office in the iikins building, 1512 H o R W, D O Sk . 3¢ 3 a afl time the ttend. ot trustes, examin Be” Bankrupts; and. ffansact soch basi: prove their claims, before said meet- e RALPR D QUINTER, Referes ia Beak- UNCERTAIN TREND 10 STOCK MARKET Foreign and Domestic Con- ditions Tend to Limit Trad- ing—Awaiting News. BY STUART P. WEST. NEW YORK, August 3—New per- plexities in relations between Eng- land and France over allled debts jolned with the uncertain rail strike situation today In putting a damper on trading in securities. Most classes of stocks started off well enough, and it was not apparent later that liqui- dation occurred, but quotations sag- ged rather easily, and it was diul- cult to trace any definite trend. | “rne strong technfcal position of the | sugar market helped to advance Cu- ban American Sugar for a time. The pricq of 3% a pound for raw sugar In early sales was a new high | ° THE EVENING BTAR, V?ASHI‘NGT_ON D. {0, THURSDAY, AUGUST 3, 1922~ TIRE FACTORIES AT CAPACITY: _ MANY BEHIND ON DELIVERIES Fuel Shor_tage in Ohio Grows More Acute and Manufacturers Show Keen Interefltg in Coal Operators’ Meeting Monday. Grain, Produce GRAIN AND PROVISIONS. BALTIMORE, August 3 (Speclal).— Potatdes—New, barrel, 1.50a2.00; No. 2, 75a1.60; bushel, 75a90; No. 2. 40a45; new sweets, barrel, 3.00a6.00; yams, 3.0023.30. Beans, bushel, 80a30. Lima beans, bushel, 1.2521.50. Beets, hun- dred, 2.00a4.00. Carrots, hundred, 2.00 83.00. Celery, dozen, 50a1.00. Corn, dozen, 4a10. Cucumbgrs, bas- kef, 25235. Eggplants, basket, 75a 1.00. Lettuce, basket, 75a1.50. Onions, bushel bdsket, 20a25. Squash, basket, 25a30. Tomatoes, basket, 26a35; pack- ing stock, bushel, 40a50. Apples, early varieties, barrel, 1.00a 2.50; bushel, 50a1.25; basket, 20a40. Blackberries, quart, 15a20. Canta- loupes, basket, 25a65; crate, 75al.25 Crab apples, basket, 50a65. Curran quart, 10a15. Damsons, pound, 6a Huckleberries, quart, 12a20. Peaches, basket, 26a75; crate, 1.25a2.25. Pine- apples, crate, 2.50a4.50. Plums, bas- 1 ket, 40a65. Watermelons, each, 15a40, Selling Prices at I 0'Clock Wheat—No, 1 red winter, spot, no quotations No. 2 red winter, spot, : .18; No. 2 red winter,'gars licky 1.15% per bushel; No. 3, 1.05%; August wheat, 1.14% per bush- el; September, 1.12% per bushel asked. Sales—Bag- lots of nearby, by sam- ple, at 65, 70, 75, 50, 85, 88, 90 and 95 per bushel. Cargoes on grade—No. 2 red winter, garlicky, 1.14% per bushel; No. 3, 1.0 quotation foi this year, and it car- E’“"h‘é 00 per bushel; . 95 per = ushel. { rled the refined product along. It was | "¢’ lots—No. 2 red winter, spot, evident before business had progress- [1.20% per bushel; 10,000 bushels of ed far that efforts to bid up particu- | September No. 2 red winter, us;« lar lIssues were not productive of [Per bushcl. 3 : Corn—Cob_corn quoted 3.75 asked much actfon. per bbl; contract corn, spot, 74% per Automobile stocks felt pressure from the most recent cuts in motor car prices Foreign Situation. It was impossible at long ramge to determine exactly what lay back of the British notification that the dis- position of her allies’ debts to her hinged on a rearrangement of the en- tire war debt situation. But news dispatches indicated that the reaction of France to what appeared to be a closing of the door against the reduc- tion or cancellation of her obligations to England in return for concessions in the reparations bill was immediate and somewhat disturbing. The reported threat to Ruhr distriet and operate German business to ‘a degrec for the benefit of French businessmen to whom Ger- man interests ewed money, reopened an old wound. The soft character of invade the bushel; No. 2 corn, spot, T6%; No. 4 corn, no quotations; track corn, yel- low,” No. 2 or better, 79a79% per bushel Sales—None. Oats—White, No. 2, 46% : | ontewnite % per bushel; carby, bag lots, 90a1.03 per, No. 2 western export, spot, 87 per bushel: No. 3. no quotation. Hay—Receipts, ‘74 tons; range is 16.00218.00 for 'fair te good timothy and light mixed: market firm; supply on hand ample for trade. Straw—No. 1 tangled rye, 15.00; No. 1 wheat, 11.50a12.00; No. 1 fominal, 12.00a13.00. CHICAGO, 111, August 3.—Wheat j dropped today to a new record price for the 1922 crop. The fall took place in the early dealings and appeared to be duc ghiefly to pressure of hedging sales and to favorable weather for wd | harvesting. Besides receipts here the market for foreign bonds here had | 1 t » disclosed some uneasiness during the ‘_‘"1? “i«rge. ‘being estimated at 500 last few days, although there have | CArioads Opening prices, which been few slgns of excessive sales. At|ranged from % to % lower, with Sep- the moment. however. the whole ques- tion of foreign finances is too obscure to permit of deductions of the future. tember 1.05 to 1.05% and December 1.07 to 1.07%. were followed by a moderate further setback and then something of a reaction. Real information should come soon | SO0 # repatding actual’ relations between| Coraitand oats were easy with the "llies, when the British and|Wheat After opening unchanged to French premiers hold their projected meeting. The Raill Strike. The markets were rather at sea about the rail strike. In the light of confidence voiced by rail executives that their forces of shopmen were rapidly being built up, it looked as though repair work would soon be on a normal basis. But the unofficial intimations from on probation and must make 00 on coal deliveries or go under ®o ernment control was not hearten- ing to speculators in stooks Such railroad traffic reports as are coming to hand display a better freight movement than a week ago. recorded particularly in an increa of 4,000 cars in bituminous loadings on_Monday. The very dull and uneven condi- tion of rallroad shares indicated that the market was listle longer before taking a genuine position In respect to the strike. Chicago and Alton. Heavy trading in both classes of {Chicago and Alton was set down in some quarters as a preliminary step in the plans affecting the absorption of the road by another company. Both the St. Louis and San Francisco and the Missouri, Kansas and Texas are said to want the Alton, but that it will probably be as a part of the Katy system. The Oil Situation. 0il stocks have held up remarkably well in the face of the third cut in Midcontinent Crude and rumors in the street are to the effect that se eral big operators are dealing active- 1y in the oil issues. This belief has been strengthened by the heavy or- ders for purchase of oil stocks which came yesterday and today from Sara- toga, where a number of Wall street leaders are known to be at present. —_— —Need of rains on stock ranges Is becoming more acute. Unless mois- ture falls immediately, it will be necessary to ship live stock to graze In other states. The calf crop in | Texas has been good, but not as large as expected. Nuts. PHILADELPHIA, August 3 (Spe- cial).—Farmers throughout Pennsyl- vania and eastern Ohio report there will_be an exceptionally heavy crop of chestnuts this year. ' Rice. NEW ORLEANS, August 3 (Spe- clal).—Small receipts of new crop rice are bringing higher prices than expected. As a result millers and dealers are asking from 6% to 7% cents a pound for early shipment rice. This is 1 cent a pound higher than apticipated. Coal. ST. PAUL, August 3 (Speclal).—A 20 per cent reduction in freight rates on fuel wood has been ordered by the. state rallroad and warehouse commission. State officials declare that Minnesota needs 3,000,000 tons of coal from the Illinois fields o avert & damaging shortage this winter. - PHILADELPHIA. August 3 (Spe- cal).—Local manufacturers are pro- testing vigorously over demands of northwest that large coal shipments should be devoted to that territory | before the close of lake navigation. The local coal consumers assert that the northwest is not an island and that in time it can obtain all the coal necessary by rail. BOSTON, August 3 (Special).—Two cargoes of coal are arriving from England, but this tonnage is entirely inadequate to supply local needs. It is considered probable that If mining were resumed {mmedlately many plants would have trouble in obtain- ing sufficlent coal to allow them to run full time for some months. Steel. YOUNGSTOWN, August 3 (Special). —Seven out of elghteen blast fur- naces in Shenango valley are in blast, including three of Carnegie Steel at Farrell and three of same company at Newcastle. Since the shopmen’s strike seven furnaces have gone out of blast in Youngstown district. Drugs. NEW YORK, August 3 (Speclal).- Citronella ofl is the conspicuous fea- ture of the present essential oil line with last offers on a basis of 78 to 80 cents a pound and only small quanti- ties available. Heavy demand for citronella has been occasioned by prevalence of mosquitoes due to wet weather. which has prevailed in this section”for the last three months. Notes. CHICAGO, August 3 (Special).— Conflicting_reports as to the dry gvods trade throughout the middle west are given by big Chicago whole- salers. Marshall Fleld & Co. declare dry goods distribution is not up to last year; that road sales are Some- what smaller; that féewer customers are in the market; and that collec- tions are not so good. On the other hand, John B. Farwell Co. repor: wholesale dry goods business has be: greatly stimulated by improved con ditions throughout the agricultural ction, that road sales are better and that a strong factor has been the increased length in dresses in the fall fashions. FORT WORTH, August 3 (Special). —Savings bank deposits in Texas for six months, ending/July 1, increased grom 10 to 40 per cent, Washington that the railroads were | inclined to wait a j& bulf eent lower, September 61% to 1%, the corn market declined a little more and then recovercd somewhat. Oats started a shade lower to a like advance, Septembef 33 to 33%, and { held near the initial figures. Provisions lacked support Potatoes—Barrels, slightly strong- {er: sacks steady: receipts, 61 cars: |total United States shipments. 409 cars: eastern shore Virginia cobblers, 2.7522.90: Kansas sacked cobblers, 1.00a1.15 cwt.; Minnesota sacked early Ohios, 1.00a1.15 cwt.; Kansas sacked early Ohios. mostly poor quality and { condition, 65a85 cwt. Subsequently, announcement 11,000,000 busheis of wheat here had i been bought for export and that in addition 500000 bushels had been - jtaken at the Atlantic seahoard lifted wheat prices a little, but the effect failed to last. The close was un- settled at l» net decline to 3 ad- | vance, with September 1.05%al.05%. and December 1.07%al. Rains where most n. d _in the southwert counted later against at- tempts at corn rallies. Phe close was { unsettled at the same as vester- {day's finish to % lower, with Sep- {tember f1a61%. WHEAT— Open. High, Iow July . 1 106 104% 1.06%, LIy December CHICAGO LIVE STOCK » CHICAGO. August 3 (United States bureau of agricultural economics).— { Cattle—Recelpts. 10,000 head; market fairly active; beef steers sirong to 15 higher; better grades showing {most advance; top beef =steers., 10. {bulk, $.75a10.40;" she stock steady to strong; bulls steady to weak; veal calves strong to 25 higher: stockers strong;_bulk beef cows and heifer: 5.35a7.35; bologna bulls mostly 4.15 14.40: bulk vealers carly around 10.25. Hogs—receipts, 21,000; best light, light butchers and light mixed, 10 I 2 hout steady: top, pound butchers. ing sows, _J3.90a to strong: 9.75a 0a10.00; medium, 10.70a10.80; light packing sow i packing sows. killing pigs, 9.50a na2.5 bulk pa stead Sheep—receipts, 12.000; fat lambs, strong to higher: spots on native 15 to 25 up , considering quality and sortings; ‘top matives, 12.75 to city butchers: early packer top, 12.5 bulk natives, 12.35a12.50; culls, mostly 8.5029.00; four loads very good Idaho lambs, 12.90, with 256 out. firm; top fat light native ewes, teeder lambs, dull. el SHORT-TERM BECURITIES. (Regortes by Redmond & Co.) —Nooa.— A Gfer Alumfoum Co. of Amer. 7s 1925, 103% American Tel & Tel. 6s 1922 1003 Tel, & Tel. . 1014 Tobacco Co. 7a 1923.. 102 ‘Ansconda Copper 6s 1920, - 100 Annconda_Copver 7s : Anglo-American Ol Tiss 1925, Armour & Co. 78 1931 Atlantie Ref. 6loa 1931, Bethlehem Steel 78 1923, .21 1020 T 10434 105 10814 104% iy 1025 101 101% 1073 103% 0% 1043 0% 10115 103% 1054, 1008, 1009 Du Font Tias | F. ric Gronsonr T, & B Au 161 Gulf_Oil Corpn.-7s 1983 Humble 0il & Ref Ta 1923 ... Kanwas City Terminal 62 N928... Kennecott Copper 7n 1980.. X, Ceptral 7o *Procter & Gamble . Roebuck & C ok & C Bwitt & Co. Swift & Oo. Union Tank Car 7s 1930. U. 8. Rubber Co. 7x 1823 . {iwestern Electric Ty 1925, Westinghouse E. SCaniea Sept. 1. 1922, Called October 1, 192: —_— WOOL INQUIRIES GROW. Movement in Woolens and Wor- steds Strengthening Factor. BOSTON, August 3 (Special).— The movement in woolens and Wor- steds into-the cutting up trade is having a strengthening effect on in- quiries for raw wool here, especially {n view of the contention that gar- ments can be turned out at present Cloth prices, which will not neces- Sitate marked retail price adyances. Scoured wools exhibited the most actlvity today and the inquiry for three-elghths blood continued "good. Some foreign wools are belng with- drawn from bond. having been pur- chasedat_prices which compare favorably with domestic wools even fter payment of duties. A e olume of Wwool in 'bond is not lly reduced, however, e imme of Australian wool is arriving here. ’ _—————— BAR SILVER QUOTATIONS. NEW YORK, August 3.—Forelgn bar silver, 89%; Mexican dollars, 53%. LONDON, ‘August 3.—Bar silver, 35%d per ouhte. . Money, 2 per cent. Discount-rates_short bills, 2 per cent. month bills, 2 per cent, that | Sheep, | ‘' FINANCIAL. and Live Stock LOCAL WHOLESALE PRICES. Eggs—Strictly fresh, selected, can- led, per dozen, 24a25; average receipts, Zfli;oumem. 22, ve poultry—Roosters, per 1b.. 16; turkeys, ‘per. b 2: - spring _chick- ens, per lb., 26a30; keats, young, each, 80; fowls, 23a23, Dressed poultry—Fresh killed spring chickens, per Ib., 27a30; hens, per Ib., 24; roosters, per ib., 10; turkeys, per Ib., 35a40; keats, young, each, 35a50. “ve stuck—Calves, choice, per Ib.. 9a9%; medium, per Ib., 8%:; thin, perib., . Lambs, ‘hoice, per Ib., Sali; live {’"" 3.00a8.00 each; live hogs, per 1b. Green 1.50a5.00, fruits—Apples i basket, near| y.rfl oranges, per Cratt. lemons,” per box, 4:50a6.00 Raspberries, 20u40. Peaches, per crate, 1.00a2.50. Cantaloupes, 3 Vegetables—Uotatoes . per Dbbl. No. 1, 2.50a3.60; No. 2, 1.00a1.50. Teet- tuce, per crate; 50a75; New York, per crate, 1.00a1.75. Romalne lettuce, 1.50. Cymblings, per crate, 25a75. Onlo per basket, I5al. Cabbage, new, 3| Per bLL, 1.00a1.25. sCucumbers, per box. 75a1.50." Eggplants, per crate, 2.50a3.50. Tomatoes, “per box, nearby, 50al.50. Beans, 2.00a3.00 per bbl. Peas, 2.00a 250 ner basket. Peppers, per crate. 40u 50. e, 50a1.00. Spinach, 3 hous i Spinach, per bbl COTTON MARKETS. NEW YORK. August 3.—The cotton market showed renewed weakness during today's early trading. The opening was steady at an advance of 9 to 11 points in response to steadier Liverpool cables and reports that spinners were calling_moderately in i the English market. There was some rebuying by sellers of yesterday and la little trade demand ‘wag also re- {ported, but no apparent broadening {of general interest, and the market {80on broke under a renewal of liqui- dation accompanied by reports of an easing spot basls in the south and a disappointing spot demand. Decem- ber sold off from 21.92 to 21.59, or about 15 to 20 points net lower on the jactive months. | Futures opened steady: October, "31.93: December, 21.88; January, 21.65; March, 21.62; May, 21.51. NEW ORLEANS, August 3.—Better cables than due and a favorable opinion of the droughty weather condi- tions still prevailing in Texas caused & rise of 3 to 15 points soon after the opening in the cotton market today. Offerings increased almost immedi- ately, however, on the unfavorable tome of foreign political news and on private reports of showers here and there in Okluhoma, and at the end of the first hour of the scssion prices were 22 to 26 points lower than the finals of vesterday. October, after rising to 21.55, fell off to Futures opened stead. 21.38; December, : March, 21.21; May, 21.05. LIVERPOOL, August 3.—Cotton— 1Spot quiet; prices easler: good mid- !alng, 13.60: fully middling, 13.45 middling, 13.30; low middling, 12.55 good ordinary, 12.00; ordinary, 11.50 sales, 5,000 ~bales, ' including_ 2,000 American; receipts, none. Futures closed quiet; August, 12.62; October, 12.33; December. 12.17: January, 12.10; March, 12.02; May, 11.90; July, 11.80. DAIRY MARKETS. BALTIMORE, August 3 (Special).— i Poultry, live—Spring chickens, Ib., 1 20a25;" white leghorns, 18a20: old hens, 4; white leghorns, 18a20: old roosters, 14; ducks, 16a20; spring ducks, 20a24; pigeons, pair, 25. Eggs (loss off)—Native and nearby firsts, doz., 22; southern, 20a21. Butter—Creamery, fancy, Ib., 36a 3615; prints, 37a38; nearby creamery, 34; ladles, 26a27; rolls, 24a26; store- packed, 24; dairy prints, 24a26; proc- ess butter, 31a32. CHICAGO, August 3.—Butter—Firm; creamery extras, 3313; firsts, 29a31; seconds, 2822815 standards, 33. Eggs Unchange: receipts, 8,875 cases. ultry, alive—Higher; fowls, 16a 12: broilers, 213%a27; Toosters, 13%;. 2 B — DRY GOODS KEEP FIHM: EW YORK, August 3—Firm re- | sistance against increased prices for cotton goods again was in evidence in the cotton goods market today. Price levels reached after the pub- lication of the government cotton re- port were well maintairted, but buy- ing was largely confined to small lots for August deiivery. In the standard print cloth constructions there was some shading reported, but the market for sixty-four by sixtys and sixty-eight by seventy-twos could be considered 8% and 9%, respectively. Sheetings were quiet with prices firm and there was a fair demand for sateens and twills. The raw silk market exhibited a iflrmer tone in response to reported activity in Yokohama, but trading was of only moderate proportions. Washington Stock Exchange isgton Relinar sad Bl ington Raflway ‘and Electric general 1,000 at 093 $1.000 at 9%, © Washington_Kaliway” and Electric pfd.—8 at 78 10°a8 78 11t 8 Lanston Monotype—10 st 79%. 10 at 79%. y Mergenthaler Linotype—1 at 182, 1 S at 152%. W AFTER CALL. and Electric 45—$1,000 AT 31000 at 748 31000 ae Ti% S50 Y, §1 . Bl 4%, §31 LT S0 S Tason ar 15 e 8 Potomac Electrig g. and ref. 7a—$1,000 at | 108. Lanston Monotype—20 at 70 Washington at 7415, §1.000 108. Capital Traction—4 at 101 Money—Call loans, 5a6 per cent. BONDS. Bid andAsked Prices. POBLIC UTILITY. American Tel. and Telga. 4 American Tal. and Telga. 4 Am. Tel. and Tel ctl. tr. Am. Tel. and Tel "‘l“‘l: 981 Telephone Ss. C. and P. Tel. of Va. 3x apital Traction R. R. bs. City and -Suburbun’ 5». Georgetown Gas 1st Ss. Metropolitan R. R. Bs Potomac Electric ist 58 Potomac Electric cons. Potomae Electric dub. s Potomac Elec. Power g. mi. Pot. Elec. P Wash., Al Washington Washington Wash. Rwy. and Elec. g. m. s, MISCELLANEOUS. Riggs Realty 5s (long) Riggs Realty 5s (short) : Security Storage & Safe Dep. 6s. W. M. Cold Storage Gt 5 STOCKS. PUBLIC UTILITY. Ameriean Tel. and Telga...... . Rwy. and Elec. com Rwy. and Elec. pf American Capital Columbia Commereial Riggs - Second Washington TRUST COMPA: American “Security and Trust.. Continental Trust National Savings and Security Savi Seventh Btreet . U. 8. Savi n e INED] bia Title . % S Estate Titi = MISCELLANEOUS. Columbla Graphophone com. Columbia Graphophone pfd.... Merchants’ Trans, and Storage. nthaler Linotype . 5 ©Old Dutch Market com. Old Dutch Market pfd. 5 Tanston Monotype % Bty stomge 20" ellow "Cab »» 8% an LANSTON A LEADER - IN LOGAL MARKET Liberal Sales at 79 3-4 and 79 7-8—Public Utilities Slow on Discounts. BY I A. FLEMING. Lanston Monotype took the lead in trading on the local stock exchange this morning, several quotation lots sales being recorded at 79% to 19%. with an especially firm closing. Mergenthaler moved up on very limited transactions to 152% from an opening at 152, Public utility stocks had a dull, un- interesting day in the trading, a few shares of Capital Traction at 101 and a sale of Railway preferred at 78 completing the record. Bid and asked prices showed relative strength about on a par with previous days. Railway 4s were the active leaders in the bond section, quite large pur- chases being made at T4l to 75. Potomac refunding and improve- ment 75 again sold at 108. Clinton Bank Notes. At a recent meeting of the board of directors of the Clinton Bank, Prince Georges county, Md., a semi-annual dividend of 3 per cent, payable De- cember next, was declared The Clinton Bank ¥as organized and opened for business about two years On the opening day the depos- were less than $2,M0. and ghe ac- counts numbered about twenty; today the bank has deposits of around $125,000 and about 500 accounts, about two-thirds of which are savings ac- counts. The resignation of Guy T. Helvering as chairman of the board of directors was accepted. Mr. Helvering has re- cently acquired controlling interest in the Planters' State Bank of Salina, Kan. Lee Manning of Accokeek, Md., was clected a member of the board W. Gilbert Dent of the real firm of Gardiner & Dent., In: president of the Clinton Bank Ame ent to Reserve Act. The Federal Reserve Board has notified member banks of an amend- ment to the reserve act regulating the rediscount privilege to non-mem- ber banks which is, as a matter of fact, accompliished only through a national _ institutioh enjoying full membership in the system. Amendment provides that no mem- ber bank may discount for any state hank or trust company bills of ex- change, drafts, etc., for any one bor- rower who is liable to such state bank or trust company in an amount greater than 10 per cent of the capital and surplus of the state bank, “but the discount of bills of exchange drawn against actually existing value and the discount of actual commercia paper or business paper actually owned by the person negotiating the same shall not be considered as bor- rowed money within the meaning of the section.” Under the law it is now pgssible for a bank to loan up to 10 per cent of a bank's capital or surplus on accom- modation or one-name paper; without limit on commercial or business paper (of other makers) actually owned by the person, firm or corporation nego- tiating the same: and up to 15 per cent on-tha capital and surplus of a bank, in addition to the previous amounts, if the full amount under the other privileges is not made, then the amount may be increased by the unused por- estate . is the tion, on motes secured by warehouse receipts, notes secured by shipping documents, or other such documents conveying or securing title covering readily marketable, non-perishable, staples, including live stock. “No bank may make a loan under this clause unless the actual market value of the property securing the obligation is not less than 115 per cent of the face value of the amount of the mote. “Also unless the property is fully covered by insurance; nor for mora than six months by one custemer: on government paper there is no limit to loans, if secured to the amount of 105 per cent of face value, although this privilege, under regulations of the controller of the currency, will expire with the current year.” “A federal reserve member bank may not, of course, rediscount paper other than that which is eligible un- der the terms of the reserve act.” Promissory Notes. . “Recently.” says a reserve board dircular just issued. *“we have been offered for rediscount notes contain- ing literally or substantially the fol- lowing: “The subscribers hercof shall continue to remain and continue bound for the payment of this mote. notwithstanding any extension or ex- tensions of time of payment of it or any_part of it.’ “The supreme courts of _several states have recently declared notes of this character non-negotiable, and while this particular form has mnot been passed upon, we are advised by counsel that the instertion of such a provision renders the negotiability {of said note doubtful. We therefore jnotify members that-we can not ac- cept notes, drafts, etc., containing said provision. RAIL BONDS ALL SCORE FAIR GAINS NEW YORK, August 3.—A check to the decline in French and other European external loans and the con- tinued demand for railway securities demonstrated today on the one hand the existence of effective support in the market for the foreign bonds and on the other hand the confidence that is generally held that the railway strike would not seriously impair the earnings of the various roads. Railway bonds of all classes did even better in their markets than railroad stocks and there were & number of new high prices established for_ the year, Foreign exchange rates hardened and this proved a bolstering in- fluence on the French, Belgian and other foreign issues. French govern- ment 8s and 7%s, the Department of the Seine 7s, Prague 6s, Paris, Lyons and Mediterranean 6s and the Bel- gian issues were firm and in a few cases made ‘up more of the ground lost In the last few days. In the forelgn government group the Central Railway of Brasil 7 per cents were weak, selling_at a new low, over two poinis below Wednesday's quotations, United States government securities were steady. Gains in Rails. Among the outstanding advances recorded in the rallway group were those made by the new New York, Ontarlo and Western refunding Northern Pacific 6s, Atlantic Coast Line collateral 4s, West Shore ds. St. Louis Southwestern first 4s and Great Northern 7s at a new top fer 1922. Great Northern 5%s, Canadian Pacific debentures, Atchison General 4s, New York Central 6s and th Pennsylvania gold 7s also at a new high. Frofit-taking carried the Norfolk and Western convertible 6s down about a point or more from the clos- ing price of the preceding day. Erle 4s,eseries A, were reactionary. Traction Issues. Greater New York Traction bonds were more active and stronger today with the Third Avenue Adjustments the feature. These bonds sold at their highest for some time. Cerro de Pasco 8s also moved up. In the industrial field the nine-mil- lon-dollar first mortgage -6 per cent sinking fund gold bond issue of the Long Bell Lumber Company was dis- posed of by a syndicate at 96 and Jaterest to yield about 6.35 per-cents