Evening Star Newspaper, August 11, 1922, Page 14

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

14k FI :——fi ANCIAL. SOME RUN AT FEVERISH SPEED: OTHER PLANTS LAY OFF MEN ‘Evidence in Detroit Area of More Cautious Bargaining for Future Supplies, With Prospects Looming if Strikes Pass. BY PHIL S. HANNA. Special Dispatch to The Star. ) chants’ week here, and arrangements have been made to care for hundreds | of ‘buyers. " Local dealers are well DETROIT. August 11.—Whether giocked to meet the expected de- the fear of eventual power and | mand. freight curtailment or because new Th state legislature now in session orders still are coming in large vol- has passed a joint resolution creating ume, many Industrial plants here are | board for the duration of the coal running at feverish speed, others have laid off men due to the inability to transport ing that the peak of automoblle manufactur- rallroads’ freight. There is no der while | strike. This action was taken at the request of local coal dealers because of dwindling supplies. Rails Begin to Seize Coal 'g has passed, yet the recent price at Points in southwest reductions have given the industri a mew impetus. Unless the st interfere more seriousl than & have up to the present, a sort of scc- | Soecial Dispatch to The Star. vndary peak is looked for this fall ST. LOU Meantime there is everywher: evidence of more cautious contract- ing for future su Some con- g for future s con- | e -Fns, notably dr hav down temporarily becau: of the h cost of coal. Others, with their own Jave switched over to the Edison current |3l and coal strikes. There is a gen- h sold ; eral and emphatic demand growing #t contract last spring for 31 E ton at the mine now are beini oifered At $9.30 the ton. Many manufactur- 3. thouxh, figure it better to closs | ((*Fesiora a sane, normal state. power generating plan supply. Steam coal sizes W fdown than to pay such price: vaper mills here are particularly at- fected in this respect. It is reported here today number of striking union miner ave been working in the autom: plants are making plans t ays. o that a who turn to-Indiana, whence they came Aprill. The men said word had beeu them confidentially that work in th mines would be resumed in a few ! BY J. N. FINING. S, August 11.—Wonderful an | crop indications and unexcelled basic | business conditions serve only to im- the public with the grave eco- h | nomic effects, both from a present and prospective standpoint of the for action to prevent commercial ruin and this demand inclines toward the most drastic measureg. if necessary. Industries are resorting to priori privileges to keep going and the | &reat majority of them are at the e The coal shortage has become <o gent that within the past few days railrozds—some of which ope mining territory—have begun at interchange points. “actories not enjoying priority rights confront the prospect of total shut- i{downs. Some large concerps have in- stailed oil-burning apparatus. The commercial and agriculturel dile Early Call for Holiday Toys | outiook he danger of strikes, Declared Prosperity Sign|immense reserves.Stocks of ail kinds BY ESTES DOREMU ! Dispatch to The Ster. s S, are small. Farm reporls are excep- { tionally flattering. Factories can op- ierate at capacity if they can get fuel fand be assured of transportation fa- ATLANTA, August 11.—A sure sign | cilities. Farmers will be able to mar of the return to prosperity and conil- | ket their products at good prices if ready has begun, though the demand does not begin until Sep- iber. Last year it wis late in Oc- cer when retailers began t 10! ‘n orders and then only in quantity. In addition to this healthy wholesalers and jobbers are add new customers fo their lists report s on veling representativ cellent business in all 1 road. Monday will ushe in putting limited nce in ihe future in this section |their customers are employed. The despite the continued coal and rail- road strikes, i3 the early demand for | if the strikes continue. Christmas toys from wholesalers and Jjobbers. Buying ol these ""‘,‘f;:.‘,:.‘T.‘;;Commodity Reports i public here seex grave dangers ahead From Various Sections Wool. PHILADELPHIA, August 11 (Spe- n, ! cial).—Wool holds m. with an ¢ ! pecially good demand for medium ang | Brades. (wrpet wools sre an excep- ion, owing to lack of offerings by im iporters. Manufacturers are nof in- ~lined to meet high prices for carpet . at least while they have s | { i . STEAMSHIPS. New York Boston Providence VL NORFOLK Attracl Route to Information and Literature at City Ticket Office, Woodward Building, 731 15th St. N.W. Norfolk & Washington Steamboat Co. 2 PORTLAND. Me.. August 11 cial).—The co-operative orga v {ides may be taken up by Maine e and Enjoyable immediate requirements. rdines. ne canners because of industr need of stabilization. Hardware. ORLEANS, August 11 - are very much encour- ease in sales and ship- FOR SALE | Beautiful Bungalow | Chevy Chase, Md. | On Primrose St. a few feet from Conn. Ave., one square from Club. sale in Washington's Best Suburb. | | 'Elght Rooms On One Floor. | Wide Deep Lot n_in price for quick sale Vow vacant R. E. L. YELLOTT CO. | | 1517 M St. N.OWL M. S115 Big redic i ! i i New England Resorts |f thi"nes iocated home now for | | 1 ‘ | i ! Clark’s 3rd Ci “EMPRESS of FRANCE" 18 Tocluding Hotels, Fees Driv 3 Round the as MEDITERRA :mlwmflomlh ‘and Dansig. Service of regularity, do ‘peadability, comfoet and convealence. Iaternational Mercantile Marime Cov ‘Washingtes office: 1308 F ®M HICKS, Mansger. 23, 1922 ruce, sanmary ROUND THE WORLD k. Cieres e, Craise. F.bm"ki‘i 1923 “EMPRESS of SOOTLAND" 25.000 Gross Tull!; SPACE The Ednmonds i Building 911 15th St. N.W Washington’s Newest Office Building Harry Wardman MK ST.NW. . | ortm'glyté, “A““-A in 18 days — Empress of Canada Empress of Australia Fastest Time Empress of Russia Empress of Asla Across the Apply to local agents or s CANADIAN PACIFIC By magnificent great Canadian Pacific Ocean Fliers O days — CHINA in 14days — From Vancouver, B, C., via Victoria t dining service and sleeping accom- modations in the world included in fare. NG, GAMES, ORCHESTRA Tickets and reservations at R. M. Hicks, Agent, 1208 F' St.”N.W.; Ober’ Stéamship ncy, 1 Woodward Bldg.: American Expre: F 8t. N.W.; Delta Tours, 500 Bond Bldg. Travel Dept., 1328 the state railroad commission, a fuel | is remarkably favoraole. Banks have | THE EVENING STAR, WASHINGTON, D. C. FRIDAY, AiIGUST 11, 1922, FINANCIAL. [onss Eonth e s ot | LITTLE WOOL ACTIVITY. R[S[RVE RA"[] IS : !Grain, Produce and Live Stock! ¢ A “ppl-‘:-.le ol Generally Speaking, Boston Mar- LOCAL WHOLESALE PRICES. GRAIN AND PROVISIONS. [STUBK I.IS.I- HAS ! Eggs—Strictly fresh, selected, can- Pola\lL‘rluonE, t{‘.‘;f:lmilslo ‘(st dled. per dozen, 26a27; average receibts. | 1 °5¢05 00 bushel, 65a70: No. 2. 30 : 25; southern, 24. 35: sweet potatoes, barrel, 4.00a Livs poultry—Roosters, per lb., 13;|Yams, 2.50a3.00; beans, bushel, 75a8 'IAL‘LSA. Okla, Auxulr'llh(sueflll). ket Prices Continue Firm.' —A meeting Wil be held here Mon- s i 1 day by producers in mid-continent oil | SOSTON, AuELSL e s hick- |lima _ beans, bushel, 758..00: beets, o turkeys, per in. 25; spring 1.00, 1.5082.00; cabbage. 1.00. 2.00u3.0¢ ens, per lb,, drifling opecations. Mevemant In rer | uBBIY of bonded wools a3 low ax ; ] ,000,000 pounds, while others s NG ok eresent price drops Gasoline | the figure nearer 100,000,000 pounds. ; k- ; uffice to say, however, that a 3 H 3 g " | carrots, 1.00, 2.00a3.00; celery. dozen. ed'to take another fall ’ B e Lanston St Local S Keats, Y 0R0K: (SRS s 902 eal 3 Speci . Plumbing Supplies. in this market today, some of which | =aNSION Strong—Local S€-| ™'y, o sl . L g epring | Corn. dozen, 5a10; cucumbers, has pecialty Shares Show Most- Thers mos in Remy buyine i rimb- | speaking Tha wcker continces fom. | CUFities Quiet—Gov. Hard- |54 foomiale 12 2 aii; nens, per 1o, | ket 0aT0; eggplants, bigker. Getd: Activity — Utiliti w is heavy buying of plumb- | speaking. the market continu & —Gov. - | 24; roosters, er | lettuce, basket, 1.25a2.00; ~onions, ing supplles by big operators. The | Prices of from 90 to 95 cents continue u b, asm;;";,.,j‘:,'y“,'fi 10 s, U | bushel, 75a90; Deppers, bamkel, 20a ctivity Utilities and trouble, however, s that deliveries|in effect for three-eighths blood “ . Tive stocke Calver® Seice, per ib. | 25: squaeh, basket, 25a%0; tomatoes : cannot be prompt on part of eastern | wools, the demand for which is ing Retires. 9a9%; medium, per Ib., 8%; thin, per Ib.. [ basket, 30a60; packing stock, bushel, Rails Are Favored manufacturers. Farsighted _whole- | steady. { Gal. " Lambs, choice, per Ib., 10a12: live | 70a50. = salers have contracted for well made Melbourne cables report a market e —— - Digs, 3.00a8.00 e Ve s, r ib., Apples. barrel, 1.60a2.50; buslel. g0ods, but complain that they are|as quiet there as exists here. & . 10t Ach; v Shog. s 1.25; basket, 20a40; blackberries. | unable to obtain definite commit- * BY I A. FLEMING. reen fruits—Apples, new. per bbl.|quart, 12a20; cantaloupes, basket. 15a BY STUART P. WEST. ments. ST 44.50; per bu. basket, nearby, 0a|25; crate, 50a1.00; crab apples, basket, | The ratio of r to deposit and | 1. NEW YORK e ; |SOME DRY GOODS ORDERS. | eheral emere o s se e 550 oSalifornia * oranges, "per | Cwie. | 10a75: currants,’ quart 10aib: dam’ | (DR Ausust 1LThe pre- Gloves. lemons, per box, 3.5026.00.|sons, pound, 5a6; huckleberries, quart, tendency in both stock and | GLOVERSVILLE, N. Y, August 11 combined i Peach C: 5 (SLOVERSY: st 1 : regional federal reserve | Peaches, ‘per crate, 1.00a.00. Canta- | 138207 peaches, basket, 26u30; crate. | bond markets todsy was upward. 1: 1 Rood usimem ot e o*Pei. | Market Prices Continue at Even)banks is now 0.4 pr cent, the high | 9Upes, 50a2.0p 1.25a275; pineapples, crate. 250a5.00: | was, however, the same sort of 4 wove H i (Vegetables—Potatoes, new. per bbl.|plums, basket, 60a65: watermelons, ;:umkn of the year, Indicating that the|No. I, 2.00a2.50: No, 2, 60al00. Sweet|prime to select, 16a40; culls, Gas. | Me"t that Wall street has been ha:- qualities. o ot . . anks are not making large use of i'glflu_)es. 2.0024.00. Lettuce, per crate, Wheat—No. 1 red winter, spoi, no | Ing all through the last fortnigh: NEW YORK. August 11 (Special) —|their earning assets—or that the|308%: New York, per crate, 1.25a2.00.|quotations; No. 2 red winter, stot !namely. a collection of dv: Ribbens. Orders from the south and the south-| oo onio = 80 SO0 s i Romaine lettuce, '1.50. Cymblings, Der |1.21%: No. 3, 1.18; No. 2 red winter. | jngivige P AIVERORn e NEW YORK, August 11 (Special).— i \Vest, where early full buying to date; & 4%]crate, 25a75. Onions, per basket. 76a |gariicky, spof, 1.15% per bushel; No. ldual issues, while the rest of A good demand exists here for wider | N5 been extremely light, were en-|they should be. 4;B0. Cabbage, new, per bbl. 1.00a1.50. |3, 1083, August wheat, 1.15 perjthe list was stagnant. ribbons. with black as predominating | CUUTAEINE factors fin the' dry goods| A year ago the banks in the re-|Cucumbers. per box, 76a300. EEE- |hushel: Heptember, no bid. The street was disposed to agre color. Colored and black velvet rib- ! !Market today. Prices continued at an|gerve system were making money | PInIS. per crate, 1.00s1.50. Tomaloes.| "gales Bag lots of nearby, by sam- With the coal miners’ head that gn: 1 bons are also popular. [ Syen Jevel, thouh the nervousness of | from the employment of §1,831,379.000 | BSE Box. nearby. ssalss, Beans. LS04 | pic, ot 6o, 65, 70 86, 85 and | of the operators could be got to m. = s cottfon market was ri ed _injof earning ussets. Today they have|? . Peas, 22.50 per basket. | 95" shel. cept the w; c: asoline. {some shadings in (he standard print|p 3 Pej : s kel 192 per bushel. age scale indorsed by i E Y ! but $1,020, 000 e; . At that Dpers, per crate, 25a50. Kale, 50a . - , { union to CHICAGO. August 11 (Special).— | gloths. The trade feels that buying | time (he reorree covion) ooas’ o5 ;;er!l"m- Spinach, per ‘crate. 50a76. Lima | CAargoes on grade—No. 2 red winter, { Hoon 10 bring about an early resumi- judging by advance orders. Buvers are demanding low prices and good Level, However. > : fon of Jobbers are buy < i olutaE W % B i . garlicky, 1.14% per bushel; No. 3t coal minin Brooms. pens large orders will come in. Buy-| 000 at this time. oo o Do dooetohy pec busta e p e impertorbability rally ‘Car lots of No. 2 red winter, spot,|on the subject that it has right aions KANSAS CITY. Augus Special). | Or8 generally gee their desires to pur-, In the demand for mone : ¢ No. 3 | Railway stcks 2 o e Yehurust 11 (Special: | chuse heavily bechuse of hountiful | is not suiiclentiy orive to make the| HOSE BUYERS CONFIDENT. |7t 1.21% per bushel: ear lot of No, B i oy 1ok contined to bold thel tlon_last year tham ever befors. se. |harvests in b cct hamstrung by |banks do rediscounting and ask re- | Business is expanding in the hosiery | per bushel: car lot of No. 2 red win-{medium priced members of the grou cording to delegates to annual con.| 1% €04l und rail strikes. Tradiug in|serve aid. trade. There are more buyers in the | ter garlicky, spol, at 115% per|even moved ahed. | vention of Middie Western Manufac. | (e, sheeting markets was again ex-| There i3 small profit in carrying 50 {market now than at this time 1ast | bucher 5 3 i Forelgn News Indefint i ture; Association. Increase ; was/ Qe Heht. an in. | PET €ent Teserves. It is also evident |year. While merchants are not buy- | Corn—Cob corn quoted 3.75 asked| agiii.. ¢ > efinite. largely in the more expensive classes | . .0Kkohiama advices, detailing an in-{ihat the reserve banks are in splen- ing heavily, there. is a noticeable |per barrel: CONLTRCL COTN, SPOL. 73 PEr | conipuice® from the London repurations of brooms. creased volume in raw sk (rading | dia snabe Tor crop moving. tendency on their part to anticipate | bushel: No. 2 corn, spot. 74%; No.|cOREEREnce were teo vague and L Vinegar. | s Trgn long-sHent sourees i e | poration ‘i o tred (it Cons | ionger pemd Sof (ILTeMRs eVer 8|4 corn. mo quotations: itack coril|ment us'io ‘the uutcome. That ik L b ratio a8 ann, .d it has{longer period of time. i o/ : 79a79% o outcome. at U GRAZETTE, Ark. August 11 (Spe- |local market. Sellers generally muin- | {antatively aporoved the application | buyers have begun fo blace maoes ¢of |3 o. 2 o better, T9a78% PEr | Franch and ' ine " pemiey, "ot Ut cial).—Spees Vinegar of Kansas City j tained even prices, ‘no variationsi,r Mississippi cotion growers for|the Christmas trade, which is &n ndi- | Dt mupport. the atlitude of thei i i H has completed plans for increasing being reported in the advance of 10| g1 oo0 .00 | one. premiers was 5 8 i i Z : .000,000 for the “orderly movement cation of returning confidence in N 51z perf e A of course. part of ti- size of itx plant here and three cars cents w pound of the cotton crop.” Ihusiness. More Italtan or glove silk ,,0,‘;}',,“\}’,"";-,,.‘?,"'. L | e ond the announcement mean: chinery arc now en route. i The corporation also unnounces { hosiery was sold in the last week than | " Xew onts are selling at a discount | "WHoS: Rice. ST. LOUIS, August 11 (Sp ! that it has tentatively approved the|was the case sixty days ago. At pres- correspond- | hether there is 10 Le a comprom e M:INTERRUPT COMMUNICATION. | [0, tion of the Washington Wheat | ent there Is an active demand for | Of ) cent & bushel under corresp between the iw ically. opposeti- Missouri farmers expect to get §1 a W YORK, August - Grow ssoclation for 000,000 | ¥ glove silk hose for bathing pur- i"gysrlg_e!robf‘_nlg.u; Jots, 85a1.00 Her ir‘f"s;rrum-* it wholly 2 matter of con bushel for rice this year. This woull | OXchangq and other - | o the association of Idaho, $1,500,000; | POses Sathel: No. 3. western export, SDOL.|icraie And the gn exchang be high price since pre-war days. !]-vulrnl . ble dispatches from |of Montana. $1,500,000, and to the o B2 1 et confessed its uncertainty b 3 75 bushel; No. 3. no quOtationt. { attempti: mtinued demoralized today { North Dakota association, $5,000,000. | 87% per = i 3 % mpting very little new buwiness PUHSBURG mEmber: . ables congestion caused b Advances of £104,000.000 have been ' { Hay—Receipts, 105 tons; range ‘«*'Froncn rates were somewnat Bimie SBURGH, August 11 (Specia sh {rcegulars’ seizure of the!made this year to co-operative mar- | i while the Ge ; ; and so were English, —E. V. Babcock, president of Babcock | srcial Cable Company's station | keting asse 4012 again FUR BUSINESS GOOD. 16.00018.00 for fair to good timothy Retail fur sales continue at a good |and light mixed; market firm; SUPPIY {man mark sold under iations. !pace, and are ahead of I : le for trade -lv‘;"?hfl;\‘!:;Blv?‘wleh:xp’rfirg;:;yn‘:\'-'l‘\c-;: A atryllleand st ol W Lanston, S0 Iprominent “retailer reporte husiness | Siraw—Ne. i tangled rye. 15.00; No Utility Shares Firm. ; and West Virginia, has ordesed roolcopet - | henci, om the Y1 Lunston crossed 50 on the local |0 the first jweek of an August sale |1 wheat, 1150a12.00; No. i, nominal,| The priucipal advances on the sto o opeedong inahe foreass, ol U Comueanl, i”,';;"‘d,‘“ e e T 3¢ 1xm’.‘n'u'.:':‘l(xef’miflco':—';:sp?xfislxn:r?el:f112'00‘“'00' CHICAGO, August 11 .Tféif'z’n‘;’.’é%?.fi?‘ii'i‘lé"ifi“ e view of reopening & milis a were un e tolan e . I i s s » ), A S - industrials . Davis, W. Va. These mills have been | move any m whatever, while | There was very little doing in the |9f 138t vear Sales in the middle| geljing pressure increased later and | the =Pecially type. Another advan.: 2 , : : 1#0 show surpri, in s o E closed since September, 1921. This is 5 were | general list, either of stocks or bonds. | e surprising gaine over | ) geliveries of wheat and oats newsprint prices brought mctis- | the beginning of extensive lumber op j . | S0 many people are out of mwn.l’a;‘;‘ AT eludson seal and caracul | fuoohed new low record prices for | PUFINE inlo the paper stocks becau.. erations. i brokers. bankers and investors, that | 75 @ NVIGRUN (he most favored furk. | tne season. Wheat closed unsettled, |1t confirmed the evidence which ) Bemutos: i from Penzance which are open. | the market is simply dragging its {0000, ShOWInE sveatly increased |y to 1% net lower, with September, been steadily accumulating that 1 sages tent by the Fremch Af- | weary way through August. but |DoRUISHILY over last year. Kolinsky!igisy 10 101%. and December, 104% | 4emand has so increased within 1hs 1 ntic Cahle Company were somewhat | holding with more or less tenacity | 300 S} as trimmings also are iniqyy 105. {1ast few months as to force the mili layed because and no pressure 1o sell stock or bonds | l Trading in corn was almost entire- » full production s 1 bu. 3 ) {in_any quantities. > local. The closing was weak, 1 to| The Lrilliant crop outlook hy s i = Railway common sold to the extent| TA 1% net lower, with September, 583 |10gical effect upen the stocks of Bulldiag Construction. f of fifty shares, all in_ten-share Iflls.! < CES THAT ARE SOUGHT. 110‘5!'\- panies whose main custom is fron A”m.’“m' August 11 (Specialy - | NOVEL TRIMMINGS OFFERED. i, except one at 57%. The pre- | Considerable improvement has| tWHEAT— _{ these sections nnouncement that William Wrigle A New York munufacturer has put WS _uominnl. | taker place in buying laces recently, | Sepiember 3 Internatios Paper. Jr., will erect a six-million-dollar du arket a uew trimmin hich | Capital Traction 58 brought 98% ;i : ¥ | December 1.6 sance i plicatc of his sixteen-story office | seems (o have a muititude of tses,|and Gas os 4. jind the belief is expressed that sales | a 3 2 Cshayance in International Paper : 1 {was s e fo o bullding ut the head of Michigan ave. | 1y 1o & em daisy, with Dot of Gov. Hiprdies Melives. | during the current month will reach | COR) S simply the foremost Americas 5 x . 5 H ; S September - 3 E paper stock joining in w e ‘:f::.io:i"'l‘::ii;?n: Settviey urr“l’"""-;' imitation pearl and centers of corai.| e on the part of President? favorable total. Spanish lace all- ! Decomber 5 speculative “movemant. lr‘:n.::d'mn {randy are belne arawa ans al-| pearl, turq jiede, jet, emerald | jjarding to reappoint Gov. Har jovers in a riety of bright |May .......... 5 3 E paper shares on the Montreal ex ! ¥ I3 n. ruby. s amethyst and lapis{us head of the Federal Reserve Board | colors have been prominent in the | OATS— change. The general basis for this oten. lazuli. d mes in two sizes. | has resuited in a vacancy In thai orders received, and the vogue for oriTmber . i speculation lies in the increase in the CHICAGO. August 11 (Special).— A | 1€ about eue and three-eighths ! imporiant offi th&m iz expected to gather strength !ay emand for newsprint in thi n s country L ihise N Alatieter. wnd one. Bbeurl NOLUL OMCe el shAIEEIC Bi- the season advances. Metal laces in i % December ... E » d : and Cunada. At the same time. th: brisk fall business is predicted by and threc-quqarters inches ir | v i P ers inches ‘tween the east and near-west. oine ! gold, silver and steel have by = 3 are over re o on wholesale dry goods dealers. who! eter are some of the uses ‘” and the south and far wesi, on | for trimmings for a lnrg;::u'n:;‘:r:;' COTTON MARKET: jwhich was repreconied a ';n’:r";l;: ,: Erdieite m; S , A3 k‘_,_ uu!' Hatpin head.: the other, over the reappoitnmient. | zowns for evening wear, and flounc-| NEW YORK. August 11.—The cot-jlikely to play havoc with the Amer:- coming to market hecause of the rail | $hoe buckle, sautoir, hair or .| the former advocating the maming | ings up to thirty-six inch v at an ad-10°0 Paper indu has subside j strike. Silk dri s will be in millinery nament. girdle ornament. | of Gov. Harding as his own succes- selling well. A ste:d!v h::fiv:,::c':larlkfl g«‘:’;:av;ll:‘a:"("‘l‘”;‘?"?::“";""‘“"" Ay 2 “""" °'.‘“'E'::1“":‘ {large demand othing industry is dress trimming, skirt irimming. {sor. The opposition has been strong. s for staples, with val and|to higher Liverpool cables and re-|CD account of her demoralized ex- istill bac . runninz about P decoration for handbag, brooch, sash | reported friendship of Secre- ise the leaders, the latter bning:ngwedgnervougne & over weather and i ‘Hange and the impossibility o jeent of Advance orders for buckle and ener | tary Mellon was supposed to be more | especially desired in collar widths. | crop conditions in the south. There | INE contracts for fuiure delivery with = men's wear are nearly 15 per cent than enough to balance the scale in | There is a fair demand for staple em- | was a _good deal of further covering (#1Y #Ssurance as regards prices. below last vear, although pr a 10 per cent lower and prospects ine favor of reappointme { broideries. particulariy edgings and |and Wall street or local buying, on Non-Dividend Rail, ELIMINATES MIDDLEMEN. | “\ic."Gov. Platt. wha was appointed | baby sets 1the reports of rising temperatures in‘ Medium and cate an advance next spring. Wom ™ ), 3= ic to serve from July 23 to August 10, ! o i T low-priced railway en's waar houses are Working only | con ot ot Too I prouunicipall 2 untd further instructions, 18 hold- —————— | Jexas and Increasing oo o | STATES again atirictcd much atten- jon orders, zlthough retail stoc royal decree appearing In the | ing the office. 3 1Washlngton Stock Exchange | sections of the beir. Ataong stock " N {known to be low. cial Gazette. City markets will be| The federal reserve act makes 10 2 {® Futures opened steady; October. |, AMOnE stocks of this class which | KANSAS CITY. August 11 (Spe- shed in comnetition with regu- | provision for a vice governor o suc. Vashiogton Railway s3d Electric com 20.95; December, 20.86; January, 20.80; of s e o pevions Biehs (ciah—White Eagle 0 and Refinins. lesmen, lower being es- oy eEoE ndL L e oS el 108t 57, 10 3¢ and Klec . 20.84; May, 20. Dreferred,. Pere. Macquorie aod s j Which recently moved headquarters biished by ellminating the midéle- | mplies S0 : Lanston Monotype—20 st 8015, 1 8t B0). "ERPOC —Cotton— { St. L Sy rester i { from Wichita to Kansas City, has an- | men, who are accused of having kept | Some interests look for a purely po- AFTER L. i )sp];l[‘ b ;;‘-'i'ces“'um Good Nl B L e Terned : { nounced it will open a London offic prices up through their system of ex- appointm although it is I Traction Gs—$300 at 981, dling. 12. fully 12.60: | tinued to nnu:-mnie'xheu-n e'g-r(rLsucnm : | Export Lusiness for company's re-|orbitant profit understood that Secretary Mellon is hington Gas Gs—$1.000 at 41, $500 ! middling. low middlin; 00; | tion of dividents. which are now iec fined products will be carried on from opposed to such action. ar 41, v e jiton g M arere e e S oM 3 oon's gusss 15 as good as! Lanston Mosotype—35 at 80%. 25 at 81 good ordinary. 11.15; ordinary. 10.65. |ed for some time in September. e peen estantioneq SPOTt terminal | xpw yomi BANK STATEMENT. | o Onn Pe i R Eatier D o Cris. | Mouer—call ioxas, 5a per ceat. Sales, “o00 " baice " including. 3,006 ( When the remaining 4 per cent in | Lot g i NBWY AVl e o % merican. _ Receipts. 2.2 { back dividen cleared up on Por: | TOPEKA. Kans, August 11 (Spe- SapTOn. e Fadel i e e o bty BONDS. j American. Futures ciosed very gieady. | Marquetie preferrcd the common wiii c: —K s leads all other states % 5 PN 3 s i i : August 15; r 3 be in the position o7 a stock with & lin treasury savings certificates sules s at the |and Gov. Harding is not_reappointed. Bid and Asked Prices. :h"if Hitge : i 3 ilarge surplus availabie for distrilu- . i for first five months &€ v howe: | Gov. Strong of the New York Federal PUBLIC ULILITY. 1ros; 8 _ .60, ;uon, without anyihing further to | 144.22, | Reserve Bank may be named NGy kod. | atand in ‘the way o {18 Ning bes = s AT i ted wisuned i July Clearings Barometer. { American Tel. and Telg, T o1e 1 = = It is oniy known conserva- - discount secure The credit clearing house of New {Am. Tei. and Tel cti. tr, bs. . 3 DATRY MARKETS. tism of the Lo outhwestern FOR SALE e S 0p.3-. 4 York city has this to say on business | A%, Tel and Tel: con k BALTIMORE. August 11 (Special).— management which has kept the pre- } { Anucostia and Potouac = i d. | ferred stock from P ME LOT : e | during Jul ] Live spring chickens, pound. | o Trom geing & diviae 60x140 ey ghxl,,l:;‘ :.,'xT." o;"“;::.'{ :;6'_' “In ill sections except in the east, ‘(A'm a" -'i"‘:]:;hane $23a32; ite leghorns. 26; old hens. | already. in vicw cf the show of carn | whnc has been held back by the coal | P. Tel of Va. 55 . 5 white leghorns, 18a20: 0ld roos- | iPgE during the lusi cighteen months On 35th south of Q@ N. W. Fine| 118! otal earning aséets, There was unususl activity also in* 816~ e ere ha ine = o 5 81 : 6a18; site for two semi-detached houscs | 496,46 uncollected items, $118.- | etrike. there has been increased pur- | (apItE Toncton B. B or.. . 983 | ters, 14 iduc B | el T R T LT or an apartment. 8. due to members, reserve | CNasing as compared with July., 1921 G 7 S0 T GIER 4 =] DISCONS,EPRID (5 {land and the Missouri, Kansi f For Quick Sale Owner Will count, $601.612.891.03; total deposits, | 11 three sections Pacific coast. north- | (TN, ", "R 2 s 180 fotive and neathy lTcxnaiaeness |t CommemeaC - Take $5.300 | 5708.198,077.15 federn] reserve notes in | ern and middle agricultural sections. | Potomac Electric 1st 5a.. .. . 33" |5 DR (loss off) =HNative and neatoyy v e e e e e 00 atin | the_tusiness has been better than in { Potomac Electric con 9% ifirsts, dozen, 24: southern. ! Bears Take a Recess, i R.E. L. Yellott & Co. i of total reserves to deposiis and federa) | 1917 | Dotomac Electric deb. 6. Bxlm_"—(] rew ceny fanc wrs. | Through the afternoon the markeis 11317 H St M. 8115 | reserve notes, liabilities combined, §7.8{ “In the country, as a_whole. there | Potonsc Eiec Fower g % . |a35%; prints, 35a were dull. Perhups the most 1 &7 per cent. has been a siight. but significant, re- | S50 LG v 107 {132 1adles. 2 g {table point of difference from th | duction in debt, which is contributed 23; dairy - : .. Balto. and An. 5s. 2 early days of the week was the re- | 1 by the thickly populeted middle and | Washington e butter, 31a32. ! linquishment of professional attempts i southern agricultural sections, while hington Gas Tis. .. .l S —_— o drive prices down by developing { in more sparsely settled sectmnscl_nx] e Ny rad Hlec s 109! CHICAGO LIVE STOCK MARKET. {weak points in special stocks. debtedness is higher than before, Still | 3 e BT 0 9% 1007 C o CAGO, August 11 (United States| This was £00d enough evidence that oa aces ugus "(.’;‘35';',5&‘“,5;‘}.3 t 1‘1;01:[5':“&2:" YATS | Riggs Realty % el [bunnu of agricultural econdmics).—|such efforts had not been profitable 7 i o jat pt - Riggs Reaity 3§ (short). Cattle—Receipts, 4.000 head: market|Trading sentiment was naturally in AT {4 Jt e, therefore, clear that purchas- | Sefin s Bictace & Sate ey, 6 | S gemerally ateady on all clase !pressed by the manner in which the | ngis going head in an aotive way. M. Cold Storage Se. 1221 | bulls, weak: choice beef steers, scarce. | market lad stood up against e Loty = - =5 - e at 8.50a9.75: best sold early a L15:1 u serv. 0 keep sell- ey IR e I L daierte PUBLIC UBILITY. | Dect cows xnd heifers. mostly 5.00aing in check. it did not lead to mucl i gl | ™ 7.00: canners and cutters, largely!fresh buying. The disposition was thlnnon it bologna bulls, mostly 3.75a} u; await the oul('o‘me of the meeting i AR MARKE' Norfolk_and . Steambos 1100 vesl calves, mostly 10.75a11.00:!of railway executives and their de Y hould 1 the day at Bay Rid. ad sel 1. ! SUG. T QUIET. Wash. Rwy. and Elec. tom .. 3¢ ! few to outsiders upward to 11.50 and | cision as to whether or not to accep ou should spend the day at Bay Ridge and sclect a lot St % Ay £ & ) - | NEW YORK, August 11.—The early | Wash. Rwy. and E 81 ! Letter. he Harding proposal to arbitrate """d-"“g" 5‘;'"““37.}“‘|“": Bay Ridge has over '“'°h‘“"°5 ‘”,‘ “"1'1’ raw sugar market was a little | Terminal Taxi com... * | “Hogs—Receipts. 13,000 head: open- | the seniority question. san s the id site i r summ me, 12 miles X 7t lerminal Taxi ol z B ‘to 25 hi, ights The Atlantic Refini ¢ . o Ebod roads wonderini shade trees And ane restrictions aq | || stenticr. but prices were unchangea| """ ™ e o 51 adtance, | clared tis Tegular QUALEHY Aividcnd to character of buildings and by the new Defense Highway at for Cubas, cost and freight. | American - A eakening: bulk light, 10.00a | of 5 per cent on common stock, pas- now under construction is only 3I miles from Washington. equal to 5.36 for centrifugal. There | Columbia }10.20; bulk 215 to 250 poung g:}i::'i‘\‘.‘};uif"lf’“"" 16 to stock of record { Drive down Saturday or Sunday, take your lunch and spend were sales of 10,000bags (6f Cubad;ienRSTS s ers. 9ris|a.x?ésgin:f:»‘-c:’)?t‘::°-‘:;;-x. most-{ The Continental Oil Company de- the day. Lots eet., $5i b, E: ms. You will fin for August loading. i to 25 high-{clared its regular quarterly dividend Y. S ] up. asy ter ou zaee 1 0a8.10; pigs, strong {4 2 ¥ our representatives at our officc on the grounds. Phone us for ! The raw sugar futures market wlsd}l‘:';l‘; 138 | er; desirable kinds, mostly 9..;-3.?3-,:; iii-\:-';".::e Selvzemher 15 to stock illustrated booklet. {nrmer on_covering, prompted by the H Lineoly " 0 j heavy, | 3583.50: {ula;gilm?;‘:.;!sn 10;1 gust 25. i steadier selling in the spot market. tional Metropolitan ight, 9.75810.25; 3 i e Bay Ridge Realty Corp., Owners and prices at midday were 7 to 9!R B ;0 pg:fiklrét”:?'!;_n“" S points net higher. \\allun[‘wn . s n i o 4 . 3 : il igs, 9.25a10.1 LANHAM & HILL 200 10 510" 15r e gramuiated. with | ac TEUST COMPANY. | et Receipts, 4,000 head: o] Washington Representatives a little better export inquiry re-|Americen Requliy and Tru B lambs, m:“}lzy's Exdypte higher | ported. { National Saviugs and Trust. D_Dne e el inal. B ¥ < 5 1 12.00a12.25: cull natives, largely, 8. 1400 H St. N.W. . Main 366 Retoed futyres aoming | Wasbingion Losn s’ i ome higher. three cars westerns un 5 & —_—————— < i : fat sheep an ceder lam By Auto via Marlboro and Annapolis BAR SILVER QUOTATIONS. | commerce ... o NGS BANK. e handy fed western vearlings NEW YORK, August Il -Foreign|East Wastinglon ool Iy 11.00; twos and threes, §.00: o doads,; v 3 an dollars, 5215, | Security Savings and Com. & near choice feeder o/silver. 603 Moxican | Seventh_Street . L] Eooairy decount. at 12.0a12.40. ~ 1 Savie e e i I Leased Wire to The Star i i STATEMENT. { YORK, August 11L—There H BERLIN, August 11—The state-|were very few incidents of note in | mentiotithe Jmpey A K One ror. | the bond market today. Trading wa f e S e inot dull, neither was it active s p RN LA The New Holloway Subdivision e - | °Total coin and bullion increasedimeasured by recent standards. Wher« Reul Estate - 1,099.000 marks. iprices moved at all they went as « MISCELLANEOUS. Gold decreased 1.000 marks. lesise e b | Columbia Graphophone com. s, 4 Treasury and loan association notes;rul® somewhat higher. In severa! i Columbia Graphophone pfd. 14 .| increased 256.681.000 marks. instances new tops were made for i [Merchanta: Txsns. And Stocape: Notes of other banks decreased|1922. In this category were the New e rrer o 547,000 marks. York Central debenture 6s. which go HEM | 0la Duten Mas s S -] . Bills of exchange and cheque in-{up to 10813 for the first time, Chesu Bluldmg Lots and Garden Plets Lanston Monotype . ;1 creased 1,858,314,000 marks. | peake and Ohio convertible 58, South = # i i | Security Storage .. Discount and treasury bills increas-iern 5s. which s=old at 98%, and S 2 | Washington Marki .{ed 2,536,905.000 marks. Louis-Southwestern Consolidated 4« Yellow Cab, - ‘Advances decreased 52,031,000 |in the railway list, and among the in ! : ! qustrials _the Tobacco Produet 7is vestments decreased ~ 25.432.000 | Western Union 6l:s and Saks & Co. i~ ark ! Rails Fi marks. ! el Minor Rails Firm. '-m:)rll?:r assete increased 1.454.256.000f . SCWEF TR and Wemern < Tk S _ijumped a point to 71%. and Minn Notes in circulation increased 5.-{jumped a point to 71l and Minn: $EE957,000 amATkS 3.217.435.000 { There were sdvances of a iz point i- Deposits decreased 3. Thee D] : New Bungalows sz 850 ADsEo "|Sox, Haren ¢a ana "Déiamase am. i onterms...... Other liabilities increased 557.G93. St ting BonasWeLs b lietter s marks. Sold under our :u-a'a! liberal terms of small cash and easy Qukly or monthly payments We had hoped to have this property ready for big opening on Sunday, but as this will be im- possible now and as quite a number of people have been waiting, we shall have to show_the property before completing our projected preparations. . Come out Saturday afternoon or Sun- day, you will be able to see just how the lots will be, their location and elevation and the hun- dred or more good points about them. Just think—lots right on subdivision fronting trolley line, in si i Fashi 2 i } 000 marks. c i = : in sight of Capitol Dome and Washington Monument. In direct line of the greatest tide of Lots at Excellent Investment { rotar gold holdings. ,_,,M.h,,,mo::;;::;id grs,!'l.n’:';‘l‘ll):.s'ln_rl;‘l::dl%::m;m:fil travel to and from Washington, Baltimore and New York, where the developments surround- Prices 2 ) marks. ijustment 55 and the Market Stree: ing give absolute assurance of future advancement, in close touch with all modern improve- i \ { Raiiway of San Fransisco o5 Wilson ments. Get in on the low prices that prevail NOW. Lots low as $125. Terms low as $10 down and $5 per month. BE ONE OF THE LUCKY ONES. We have only a limited number of lots at this location; we know there is not near enough for all who will want to buy soon as they see them. Don't let some one get the lots that should be yours. Thebest buys are always New four-room bungalows, two |} the steamer John A. Kling, built for | picked up by the pgople who have foresight enough to go early. porches, well at back door, garage, [| the 'Rockford company, was easedWwith a slightly upward tendency sanitary toilet, well built from ||into the waters. The new vessel is|Japanese bonds also were active and How To Get There N | Food material, $2.850; 3450 cash, e Rt with & b4-fgot beam, e i ?:n per month including interest. ':";:;gy(; of 463 feet and o qepth of | Airm. French government fssue Boulevard Heights, Maryland | & Co. bonds; sympathizing with th Adioining District, near Penna. Ave. 8.E. LAUNCHES ITS LARGEST SHIP. {sharp rise in the company's stook High, healthy and cool ! MANITOWOC. Wis.. August 11 were up two points, both for the con Dus service to Washingtom mine |! The largest steamship ever built in | vertible 7135 and the convertible 6:. times 0 day—10¢ fare. | the local yards was launched wheni (. ... 5o ¢ 1993 were more active . T e e o 2 R, COUPON T T u 15 ’l H R . These houses l"dm;l luv t: lu;:lm 35 feet. were unchanged. e Trolley at 15t the subdivision and help the sale |} The liberty group went somewha The J. W. Holloway Co. ak it and Y || ot 5y mow betoro'te prices razasony commmeass, | nigheragatn © W, eel eas . s i ; Was anmounced that the issue o 1HOF St. N.W. £ treets IVort £ \ Lots for sale, &5 to $150—43 || (Guotations famished by Redmon . (o) 153,926,000 Boston and Maine equip- sood § Bid. Asked. ment trust 6 per cent gold mnotes Send me full particulars about lots at Whiteley, Imvente | g1s Reptember 15, 1822... 100%; offered_this morning. had been over without obligatien to me. In;- o ed_this morning en o s September 15, 1922.... 100 5-32 bscribed. The notes are redeem- Get off, right on the property— 5 For Particulars Address e 1 e s s able as a whole on any Interest datv WHITELEY. Salesmen on property «t 103 and interest, They are a di- . 100 100! ---------------- every day. Owner e 100146 10016 | rect, obligation of the Boston and s . 1004, 1004 Maine under an cquipment trust O --------------- Ph F in 8 Box 120-H, Shr OECG s dune 15, 18 03116 103318 | agrecment, the parties to which are one Franklin 898 Come out Sun i % 16} the director general of railroads. xn; AP b = Tfi’e Marel company itself. and the Guaranty * 102176 102316 | Trust Compamy of New York, the Ave. SE. 100 © 100% © | trustee. i ;

Other pages from this issue: