Evening Star Newspaper, December 5, 1922, Page 29

F " LINCOLN NATIONAL | PLANS FOR BANK - Will Erect New Structure. at 726 17th Street Northwest. Other Matters. BY I, A, FLEMING. INANCIAL.' Tie Lincoln National Bank has been £iven the right to open a branch bank at 726 17th street northwest. 1t has been & matter of common Recelved by Private Wire Direct to The Star.Office. . BY WILLIAM F. HEFFERNAN. NEW YORK, December 5.—Further heavy realizing brought about & re- action among the oils and industrials on the Curb exchange todsy. . The outstanding feature of all the trad- ing. however, was the continued strength of the motor group gen- erally, while the rest of the list reached lower levels. Standard Ofls React. Standard ofls were prominent in the selling, the Indlana shares re- acting sharply for a loss of over five points’ from the closing quota- tions of last week. Prairie Oil and Gas at 6.15 was off 60 points since snnouncement was made late last Lnowledge that the application for|week that directors proposed to de- such privilege was on file with the controller of the currency and has| while the new s + been posted for ten days. J * The present structure on the’ site named will be torn down and the Lin- | oye enin National Bank will erect on the [Canada were off substant €It 2 modern, up-to-date bank build- ing. provided with full facilities for the transaction of a banking business in all its various stages. Messrs. E. Floyd Davis, A. S. Gat- Jey. John W. Brawner, S. Dana Lin- Y «oln and George P. Pumphrey have heen named a committee to put over the new bank. and they will shortly make a trip to midwestarn cities to look over banking architecture as it exists in Detroit, Chicago, St. Louls. Cincinnati and other places in that section. \When the mew building is finally eompleted it will be thoroughly fitted for its purposes, with a banking de- partment, a savings department, & trust department and featuring a women's department, with waiting and writing rooms, etc. The Federal Reserve Board gave t¥e Lincoln National the right to all irust company privileges some time ago. but it has never exercised an of the functions. A new trust department will be made a fixture of the branch bank, and there will also be installed a safety deposit vault with ample box accommodations for growing trade. The site of the new bank building 53 on 17th street, midway between Yeennsylvania _avenue and = H street northwest. The lot has a width of thirty feet. The Lincoln National Bank has en- ved a wonderful growth in the last twelve years, its deposits mounting 10 $5.680.000 in that period from $1.- T00.000. The capital siock of the bank s $300.000, whils the undivided sur- ‘plus and profits are $448.000. Stock- Tolders are held under double liability. That the Lincoln National Bank plans a real bank for uptown does not mean the main bank will in any way be heglected. On the contrary. plans are under way for the enlargement of the banking quarters just as soon as Ihie lease of the property on the south of the bank on 7th strect expires. Some time ago the bank purchased the lot 2djoining itz home. twenty- ‘ four feet wide, and it is this property that will be usea in enlarging the riain banking quarters. National Bank of Washingtom. While on the subject of branch hanking. it may be an appropriate 1ime to deny, with the cfficial approv- al of Vice President Trimble. the re- . ports that are current on the street that the National Bank of Washington is planning to open a branch bank up- oy Specifie loration has been indicated in the rumors as in the proposed Transportation Bullding to be erect- #a on the site of the razed Richmond Hotel at 17th and H streets, north- west. - The plans of this building provide T4t a large banking room on the main floor. and it may be that a year or mora hence. when completed, some " hank may find conditions so improved ag another bank in that section. Christmas Savings Helps Trade. Washington merchants are now en- foyinz a season of real prosperity, «oming with the shopping of the vers and of the army of Club members who are i »f their year red a fund of v all_of which %0 to make the shopping and t season mevrier for the thrift of the club people. ®Vith each recurrent season these Savers are doing more and more for their home town trade, with every indication that the end of 1923 wiil produce nearly $3.000,000 to add to ‘the holiday business. The Riggs National Bank today an- Mounces that the various banks other than the Pennsylvania avenua insti- Fution, will all inaugurate Christmas avings clubs and hope to report over .000 for the 1923 season. The former Hamilton Bank. at 14th $treet and Park road. and its branch 3t 7th and I streets. disburse $60,- @00 from this vear's fund, not men- tioned heretofore. which 'with pre- “ious reports brings the distribution ~well above the $2.000,000 mark. “>Pecember 11 next, the 1923 clubs ~will start on the vearly round of sav- sng. One may save as little or as much #s desired weekl. Chevy Chase Savings Amnual. _The Chevy Chase Savings Bank Briodestly acclaims itself one year old ‘with December 1. - .Its officials ind much personal sat- ~“Wsfaction in the work of the year. in ihat they have opened 1,250 accounts, 1hereby demonstrating heyond the question of a doubt that the bank Starting December 1, 1921, deposits of $25,416.72, the bank re- morted deposits of $120.360.52 at the ~nd of its first six months of exist- once and in the second aix months almost doubled Teport- 1 s of December 1. . $210,- 1 and still growing. Chevy Chase Savings is in Washington, has a capital of $50,000, a_surplus of $10,000 and resources of ' its deposits, 1922, , true neighborhood com- a savings bank, and Edward H. its_president, and his asso- s. with J. E. Troth. cashier, are ntitled to credit for making the in- itution what it is today—a success- fut home bank. - No Fntertainment Whateve: “‘tVhen the administrative council of the American Bankers' Association visits Washington during the week of December 11-15 they do so with the understanding that they are not 1o be entertained by local bankers, as they desire to give the entire week to calling on cabinet members and to pushing the work of their organisa- 1%0n. Joshua Evans, jr.. president of the pistrict Bankers' Assoclation, arrived this morning from St. Louis, and was | Diatri at once placed in possession of the wishes of the A. B. A. council. —_— 1. C. C. APPROVES KATY . REORGANIZATION PLAN Very Important Ruling Follows ¥ Long Period of Receivership. Reorganization plans for the Missouri, 2 > Kansas and Texas rallroad, which has | 5 been In receivership for several years, were approved today by the Interstate | w, €ammerce Commission. : 1~ The new company authorized to ec- aire all of the railroad lines and value of $196,800.000, d - $1,000,. wpar e 000, and - - 000 shares of common stock valye. Its annual fixed interest aiil amount to $5,483.000. calculated that total capi- talization of the old company was $243,- :176,000 while its snnual fixed charges had been $7,183,000. ‘ .The reorganigation will start the new Missouri, Kansas and Texas railroad in wpera 376,000 less than those carried predecessor: and annual interest charges less. than those of the former cur- poration by 31,700,000, e the_old system will | 5 with tion with capital liabilities of §46,- | 0id by - its olare a 200 per cent stock dividend. Vacuum O!l dropped ten point: went sympathetically lower. International Petroleum was offersd freely and Magnolia Petroleum, Buck- Pipe Line and lmpf"xu og ot y. al shares of $100 par value of Stand- ard Oil of Kentucky was removed NEW YORK, December 5—Fol- lowing is a list of today's highest, lowest and closing prices for the most active bonds and stocks deslt in on the New York Curb Market: Bales. in thousands. .. 0713 m Lt 6s w'out wts 100§ Bmelt & Ref 5s. 93% Sumat Tob Tigs. 97% Repub Corpn 8. 8 T & T 6 '24. Can 3 Cent Steel 1 Charcoal Co Am 1 Cities ice 71 ED 7 Cons Gas Balt 1 Conzey 5P % 1 1014 2 Deere & C 0230 1028 17 Gulf 0.1 of Inter R T & In R T fs cfs of dep Kansas G & E 6s.. Kan City Pow Lt 58 Laclede Gas Ts..... 101 Manitoba Prod Mo Pac Ry 6s D. Morris & Co Tl e R N ¥ X NY NH & H Ta fran Ohio Power Bs. 91 Fhil Elec 5igs. Pub Serv N Sears. Roeb. SRt B8 8 PRI O TP o 277 Argentins Ts Bremen 4358 Hamburg 472 King of Nether 6s Kingdom of Serbs 84 Salen inunits. STANDARD OIL ISSTES. 100 St Oil Kensas 8400 St Ol N Jers new. Washington Stock Exchange BALES. Washiogton Rwy. & Ele 76, 25 at 76, 10 a Pra—10 at 5%, ‘ashington Gas—1 Tnion Trust C AFTER CALL. American Security and Trust Co. Potomac Elec. Pow. G. M. & at_106, . “Pni, E. Co 58—~$2,000 st 08%, $1,000 at hington Rwy. & Elee. pfd.—20 st 76. Wash. B iec: 4831900 at T4, 81,000 i e Gatige BONDS. ) Bid and Asked Prices. PUBLIC TTILITY. Bid. Asked. lrl" ll’l; 97 i 1 116 88 88 8 3 & P. T a “& Capital Traction R. R. o7 ] City and Suburban’ Js. 8 8 Georgetoewn Gas 1st Bs. 87 o Metropolitan R. R. % ... Potomac Electric lat Bs. 95 98 Potomae Electrie cons Bs L)) Potomac Elec. deb. 9% Potomac Elec. Power g. m. 9% ot. 1053 2 T8 « 7 108 b h. Rwy. & Elec. T84 Wash. Ryy. & Elec. (3 D. C. Paper Mfg. 6s. 0 iggs Healty h'llflnl 83 Riggs Realty o8 Security Dep. 88 95 Wash. Market Cold Storage bs. 98 Wardinan Park Hotel 6. 100 STOCKS. PUBLIC UTILITY. Wash. Rwy. . com. Rwy. & Elec. pf Wash. erminal Tazi com. ermisal Tezl 210 %0 200 95 240 % tock' of §26 par value | P from trading. The sharp rise of Mon- day in Cumberland Pipe’ Line in an- ticlpatior, of & large stock divi was almost wholly: offsat in the re- action today. B New int previous asssaidn. olls were generally lower. Durant Common Firm. Ellld‘fl d ~Fuel Oil lost over 3 R #00d part aln o O:her \Rde endent Durdnt common held ‘Srm, slightly below the close of Monday. of Tndians was taken in hand and ad- vanced over point on active trad- LY:I. whil h highe: Durant es Wheel, . which hax dormant for some time, suddenly and moved in sympathy-|has been noted this week. prices in Durant of In~ diana, getting up over one and a Iul: Reo Motor reached 8 new hig! present movement, excellent earnings for th year end- ecting: ing August 31, recently made public. rleas was less active and held a its recent high. New Jo Zinc, after tlhnn‘wl points, & queritly reacted to low the previous closs, while Inde- pendence Lead, among the low-priced mining stocks, crossed 30. fon: Tin was also active and higher. €200 8 O N Y new. 48 481 50 8 W Penn P L. 8 68 10 Vacuum 01 63 635 &8 Vacuum Oil new... 41 203 Sales INDEPENDENT OIL STOCKS. in hundreds. gg Allied 011 Allled 01 70 Roone Oil .|ary 1. Prices are firm. [} LO! 18 | 327-16 ™ per 2 Lowry Ofl 4 Lyons Pet . 80 l’; mmoth Ofl . 1 Maracaibo Oil Mex 0il . 10 Midwest.Te: 8 Mount Prod 25 Mutual Ol . 16 Pennock 20 Red Bank 3 Salt Ck nes # Sapulpa Refin 18 rd O Unlon O ‘w i. 49 Bimms Pet .. 5 10 Bouthern P & » Bou on INDUSTR 08 Acme Cosl . 30 Acme Pack . 1 Alum Mfg 4 Am Hawalian S 8. 8 Paper Co w i 5 Am Writin 2 Arneld Con , Budy 1 ills 26815 5 Chicago Nipple..... 3 8 Continental Motor. . h Stores. DL & W Coal 3 Dubilier C & Radlo, 10 Durant Motor. Py ) 1 Fifth Ave Bus ct 5 Garland Btmahip. 4 Gillette Saf Ragor 4 Glen Alden Coal.... 1 Gomdyenr Tire. & 4 Goodyesr Tire pfd.. 13 Hare "Ghect 1 ; ) 13 Mercer Motor L. A reer Mot wot cfs 30 2 2y z i Trom o .... 12 1l 120 Leather tarn 1y 18 w Fiction Pub Co 114 11° 11 J Zine, 14 170 170 ens & 63 ey 1 Perfection Tire new 1% 1% 1% 11 Philp Morrlu « 193 18 390 B Drima madiocol s et %a a . 5 Prima Radlo 5 1, 1 wt.\: mii* 3 3 B“‘ B B I $ Toeimiconr T w L B 3y B 1 Technicolor Prod. % Bl o DR 1 B ol 3 United Retall Conds 8% B85 B 12 U 8 Lt & Heat. 1 15 14 4 Wasne Coal . 2l 2y 2 1 Willys C 1nt pf cf dp _8 8 8 T Wininers Motor-” 119 11 115 o1 ‘08 20 Brougher =3ipR2, .64 |plants, per crate, 3.50a6.00. THE EVENING STAR, WASHINGTON, D. C. Grain, Produce and Live Stock “Draggy” was this morning's re- port of the condition of the meat market, the condition being due to the weather and holiday season.| There has been gn advance in prices of livé stock, but prices of dressed meat are about the same as last week's prices. 3 ¥ There is an abundant supply of beef on the market. Lambs remain scarce and high. It i{s thought colder weather will bring an increased de- 'mand for all kinds of meats. No advance in butter and egg prices The maré an, ket' is very strong, however, fresh eggs are reported scarce. WHOLESALE MARKET ul:on'r. . per dosen. celpts, b5a56; southern, .'"Li' !fiuo.l " ive poultry—Roosters, turkeys, perrylb 40 per 1b,, 22a23; kea! fowls, each, 20a21. Dressed ultry—] chickens, por. 1{." 27; 25a26; roosters, pring r 1b.. per medium, per 1b. . 6a9. -Lambs, choice. lve pigs. 3.00a8.00 each: per Ib., 8%. B bl Green frufts—Apples, new, per bbl. 1.78a7.80; per bushel basket. nears 1.00a2:25; Delicious, No. 1. per bbl.. TG 9.00. * Californis oranges. per cral 5.0026.00; Florida, 3.50a4.60. Lemon er box, 6.00a7.00. Grapefruit, 3.00a3.75. angerines, 3.0023.50. L eetabléa—potatoen, e Ib, 13; Plive hogs. @33 lina,” 1.00a1.5 tuge, per crate, southern, 2.0053 maine lettuce, per crate, 50a1.25. lettuce, per crate, 5.2 northern, 1.50a1.76 pei cabbage, per bbl, 1. ¢ bbl 25a1.50. Tomatoe! er box, Florida, 3.00a5.00. ~Bean .0025.00 per basket. 0024.50 per basket. DPeppers, , Florida, 2,0003.50. Kale, per bbl, 1.0021.50. Spinach, per bbi., £00a3.00, "Celery, per dox..'80a1.00; Californis, per crate. 6.5 GRAIN AND PROVISIONS. BALTIMORE, Md., December 5 (Spe- white, 100 pounds, 7521.85. Sweets, : b 25a35." Yams, barrel, 1.50a2.0 o bushel, 3.00a5.0 brocoli. bushel, 25a35; uts, quart, 15a20: vo! celery, dozen, crate, 4.0026.00; cucumbers, bushel, 3.0024.00; egE- lants, crate, 4.0025.00; lettuce, bushel, gfia?fi.;' kale, bushel, 25a36; onions, 100 ds, 1.25a2.50; oyster plants, 10! pounds, a. ¥y St 5.00a6.00; parsnips, bushel. 9 peag, bushel. 4.00a5.00; pepper: 4.5025.60; pumpkins, 100, 10.0 apinach, bushel, 60a% squash, ¢ 3.00a40i; tomatoes, i turnips, bushel, 80a60. Apples, packed, barrel. 2.00:500'1 bushel, 50al.5! loose, bushel, b i3 basket, 25a40; box, 1,.25a2.25." Cran- berrjes, barrel, 11.00a14.00; grapefruit, box, 3.00a4.25; oranges, box. 3.00a5.00; crate, 4.00a7.00; tanger- winter, spol, no red winter, spot, . 2 red winter, gar- 16; No. 3 red winter, spot, 1 red 1.26%; No. 3 red winter, garlicky, 1.19%;: December, 1.2975 Sales—None. Corn—Cob corn, new, 3.65 per bar- rel; contract, =spot, 79% per buahel; No. 2, 80%; No. no quotations: track corn, vellow, No. 2, old or bet- ter, 84 per bushel. Sales—None. Oats—White, No Ne. 3, 63. Rye—Nearby. 85a80 per bushel: No 2, western export, spot, 97 per bushel; No. 3. no quotations. Hay—Receipts, 58 tons: market for top grade of timothy and light clover 2 531% per bushel: mixed. 17.00a20.00 per ton, and for §00d mixed. 16.00a17.50. Straw—No. 1 tangled rve. 00a 16.00; No. 1 wheat, 10.00a11.00; 2 oat, nominal, 12.00a12.50. TODAY'S CHICAGO PRICE ! CHICAGO, December 5.—Wheat acored a_moderate upturn in prices today after 2 little setback at the start. A decline in Liverpool quota- tions appeared to be chiefly responsi- ble for the initial weakness here. but reports of further rains interferring with the harvest in Argentina acted soon as more than an offset. Trads, however. lacked volume. The open- ing, which ranged from 3 lower to a like advance. with May 1.15% to 1.15% and July 1.07% to 1.071%. : lowed by a general sag and then by a rise all around to above yester- 30 Caledonia Min day's finish. : 10 Corn and oats were governed in the 2% | main by the action of wheat. Some- 34" .34 | thing of a lull in western demand for 33 51 51 F was reported. After opaning a 5 31 {corn was i en 2 S 3% e |shade to 1 lower. May 69%, the corn 4 Con Cop Min tem ¢f 8 3% 3% Imarket eased a little more ‘and then 10 Cons Nev Utah.... 07" 07" 07" |showed elight gaine. =~ e Nas) L 2 1% 5 1% " 1% 1¢o the Initial range. a® o r;lrovishlms were depressed by a fall % in hog values. 2. 8 |™Stock market weakness turned the 5 9y .08 03" |wheat market downward today in 02 02 {the last half of the board of trade 22 ;-': :es'sinn. lwhen Icll,:)lh:d ';nllsntueldisxyz E - ) 7 net lower, wi ay 1.15 to 1. tore A2 -18 |and July 1.07 'to 1.07%. Monstar. ‘o1 WHEAT— Open. High. Tow. Close. 10 Gold Zone . .00 00 . l.‘l".' 1.1 1183, l,m 20 Hardahell Min ', 0] ‘03 D1I85 Liey Lk 113 10 Hermuil Div o1 1.07% 1.08% 1.07 24 Inger i 240 Independence Lea 1 Jerome Devel B8 8 Kerr Lake 3 10 Lone Star 03 80 Marsh Minen. ‘08 A 10 M 01 42y o8 3013 Ty 1 8 .I-% y o - B > = 4 DAIRY MARKETS. Ti % BALTIMORE, ?{d.. D_le_cul:lber 5 (Spe- ‘ ks 2 cial).—Live poultrv—Turkeys, pound, 30 Shogn “Sikvery A™ o 45; poor and crooked breasts, 308 ' 21 80 Am Gold & B "3y ring chickens, 21a23; leghorns, 10 Bpearhead Gold . 04 ; old hens, 20a22; leghorns, 17a 10 Brewart Mines 08 old roogters, 14: ducks, 19a24; 2 all and poor, 17ai8; & 20a28; . B Ipigeons, pair, 25230’ guines fowl, 42" g2 |esch, 40a70. Dressed poultry—Tur- a8 74 |keys, poui 14 toms, 40; poor 3% "4 |and crooked breasts, 84a35; chickens, 08" .08 [22a26; old roosters, 16; ducks, 24a28;’ oF g3 |Eeese, 25830 5 Rt 1] Eggs—Loss off, native and nearby, e "I |firsts, dozen. B5: southerr, 53a54. 22" . .22~ | Butter—Creamery. fancy, pound, 55; 1‘3 3 ?rlnu, flll.s'l';‘nnrblalr cre;mrsy. 44a47; 14 | ladles, a36; rolls, i . store .50 Winteond con 05" 8" | packea, 33 dairy prinis, 3335 process S Yukon Gold ..... ‘s utter, 33839. CHICAGO LIVE STOCK MARKET: ‘WOOL MARKET DULL. - CHICAGO, December 5.—Hogs—Re- BOSTON, -December 5. (Special). i6s"" [ Dullness continued to prevail in the raw wool market here today. There have beon a few sales of low. and me- dlum scoured wools, which would 320 lseem to indicate that mills are pre- paring to fill their requirements for the coming heavyweight season, but no marked activity is expectéd by the majority of traders until after .‘nu. ——— IMPORTS. - BIG GAIN IN ,TIMORE, November :5~Coll tor Holtzman's report of the busine of the port for the week erided D camber 2 shows 1 [i 776 in vember 25. od at §1; dutiable $212,977. Exports were val- ued at §1, 2, & decrease of $50,380. TODAY'S SILVER, PRICES. NDON, December 5.—Bar Deleol per ounce. Money, 1% EW YORK.-December 5.—Foreign bar silver, 65%; Mexican dallars, 49%. cont. . Discount rates short and :33 " | thrse-month Bills; 3%a2% per cent. celpts, 57,000 head; mostly steady; bulk 180 to 250 pound average, 8.05a few good and choice 240 to 270 posnd butchers, 8.15: top, 8.15; pack- ing sows mostly 7.25a7.60; desirable pigs around 8.10; heavy hogs, 7.95a $.15; medfum, 8.05a8.15; light, 8.00a 153 light light, 8.00a8.15; packing sows, smooth, 7.40a7.75; packing sows, 7.15a7.50; killing pigs 8.00a8.15. g the—Recelpts, 16,000 head: beef stesrs, slow; killing quality, rather plain; few opening sales, about steady: undertone weak to lower; sev- eral loads short fed steers, 7.00a9.50; some long fed held above 13.00; bulk native beef steers of quality and con- dition to sell at 8.00a10.00: undertone weak-on lower grades beef tows; oth- er grades she stock and bulls abou steady; veal calves strong .to 25 high- er; stockers and feeders strong, to 15’ up; bulk desirable veal calves o packers early around 9.5089.75; out- siders_paying upward ta 11.0 desirable heavy bologna bulls 4.1524.35. Sheep—Receipts, 18,000 head; open- | 0! at lambs fully steady; ear-’ .36 to city butcher: jome | ed, 94-pound . yearling ; feeding classes steady; lambs, . . sheep steady; heavy fat ewes around 5.00 lighter welght up to 7.25 paid for on: load 105-pound fed ewes.. ., bull early, 5 S 4 » 4 TIGERT STRESSES PLAYGROUND NEED Commissioner -of Education Declares Every School Should Have Site. Playgrounds for every school, facil- fties for physical training, science laboratories and research departments were described as of fundmaental im- portance in public education by United States Commissioner of Edu- cation John J. Tigert today in his datly education week.statement. .| “The school, through playgrounds| and physical training, must develop, conditions by which the natign, through its youth, may constantly re- new fite vitality,” said Commissioner Tigert. *“The playground, thersfors, {8 of fundamental importance in pub- lic education. No public school should be erected without a playground, yet at the present time innumerable schools are without playgrounds. Expansion Declared Necessary. “In the second place, no nation in these modern timea can endure if each: 8ucceeding generation does not grow in scientific knowled; It is a truism that science {s the foundation of all our modern civilization. But it is prob- ably not so well recognised that the lentific advances made by America have by generation brought up under conditions in which sclentific experiment was a natural and necessary part of daily life, whereas, now the average city child finds neither In school nor outside of it the oppor- y for scientific experimentation. ‘Sixty-eight per cent of all the chil- dren in the country never reach high schools, and It is rare t! any sclence ught below high | two-thirds of | worth the name fs school. This me: t the children in our natfon are growing up with little or no_practical or the retical knowledge of modern sclence This {s a menace to our national proj réss, and it is & great injustice to our children since there is no subject which S0 frees and enlightens the human spirit ux the study of science. Human Rel ship Selence. “In the third place. there is a new | acience developing of which we alli recognize the need—the science of hu- man relationship. In a country which | is the melting pot of all the nations such a science is of fundamental im- portance. It is one of which we have as yet hardly more than written the i title page. We still know very little about the laws of the human mind. and | little about the art of socfal communi- | cation. The school through its study of the psychology of children and of intelligence tests is only just begin- | ning a piece of work whieh should be | of the greatest mocial valus to the na- | tion. But for such work research de- partments are needed in the public schools. Such departments exist in | any modern business. They exist for | the study of agriculture and of ani- mals. 1Is it too much to ask that such reseurch =hould be establlshed for the Te thorough study of the sck rearing our children? chesiof “These kinds of public school serv ice—facllities for physical training, science laboratories and research de. partments—demand a type of public | school very different from that preva- lent fifty years ago. Such schoola cost money. " is the public willlng to heip the schools render a patriotic ser 5 damental to the grow Progress of our countryss & 0 4nd ANNAPOLIS PROBE MAY END TODAY Speciai Dispateh to The Star. ANNAPOLIS, Md.. December 5 — There were indications that the fur- ther sessions of the board which is investigating certain conditions con- nected with the ball given by the midshipmen in Philadelphia after the foot ball game of November 25 would be brief and that they would prob- ably conclude by today. The board has determined that it would confine further testimony to matters connected with fixing re- xgonnbml.\‘ for the arrangements and the lack of supervision at the ball, Which Secretary Denby has assumed be the fact in th i to_the board. the'oracent istven During the first sesslon, held on Friday last, there was some testi- mory tending to show the amount of | intoxication among the midshipmen | on that occusion, but this will be kept | out in the future, as it is in no way included with the task placed upon the board by ecretary Denby. Wilson Assumes Responmsiblility. The work of the board is still fur- ther lightened by the fact that Rear| Admiral Henry B. W tendent of the academ assumed the full responsibility for! the arrangements. However, other witnesses will be called so that ail the facts connected with the ball may be known. Lieut. Russell S. Berkey. uflslant! to the commandant of midshipmen, was the only witness this morning. | He brought out that the arrange- ments for the dance were left to the midshipmen's committee, headed by Midshipman Castera, but that the| authorities had been assured that hotel detectives and ushers as well as members of the committes would be constantly on duty. MAYOR THANKS WILSON. PHILADELPHIA. December J. Hampton Moore, in re] g to a letter last night from ar Admiral Henry B. Wilson. commant- ant of the United States Naval Academy, expressing thanks for the arrangements he Army-Navy foot ball e on November 35, sald that he was %2=NTy pleased with the’ de- portment of the men. i Theré was no reference in the latter.to the charges that there had been drinking at the Navy ball the night of the game. BALTIMORE LIVE S8TOCK. I BALTIMORE, Md.. December 5.— Receipts of cattle for week ended at noon yesterday were' 2,449 head, a slight decrease from last week's re- ceipts of 2.526 head; 91 carloads were received during the week for the mar- ki ‘Although the marked opgned Athe closing was d#ll and un- 25 lower on choice _steers and o to 50 lower on other kinds. ons on cows and bulls were Steers. choice, 9.560a9.75; good 5(:,:0 me‘:‘lilll(m. 7.00:1,50: n. 5.00a6.00; heifers, choice, gf‘!’lr!‘:??fi air to good. 6.0026.50; com- mon to medium, 5.25a5.75; _bulls, choice, 5.2685.50; fair to good, 4.50a §700: common to medium, 3.7584.25; cows, choice, 4.7585.20; fair to good. 40024.50; common to''medium, 3.00a 375 Maryland and Pennsylvania cows generally 1.00 lower than above guo- tal and lambs—Receipts in ghoe; e A iee Showed & decremps, 3.086 head being received for week | even, from § u:tdnti oady. Butcher, 8.00a ing at noon yesterday, as against :’gl ead received for ‘weak pr vious. “The supply was uight ‘The ot remained strong. Sheep, 1. R ambe. 5.00a16.00. D: Hogs—An increase in receipts of hogs was reported for week an’d.d at noon yesterday, 20,531 head arriving, k {an against 20071 reported received the Drevious week. While thers was & fair supply. the market was reported lower. Nearby lights, 9.25; heavy. 176; medium, 3.25; plgs, 9.25; roughe, 6.0088,25. Cslves—Receipts in calves for week ending at noon yesterday was 1,089 | head. #n increase over the 774 head recaived the pravious wéek. The sup- ply was fair, with the market higher. Calves, 4.00a13.75; extra, 14.00. TUESDAY, DECEMBER 5, 1922. INSTALLATION BANQUET OF SOROPTIMIST CLUB . = Oyster Delivers Address of Wel- _come~—Mrs. lnfiy Lee Minar Made President, Commissioner Oyster delivered the address of welcome at the installa- tion banguet of the Soroptimist Club of the District, held at Rauscher's last night. The charter was present- ed to the local club, following in- stallation of officer; James H, MacLafferty greeted the club, as did Mrs. Lyman B. Sworm-. stedt, the latter on behalf of the woman'a clubs, and Lee Herrell, on behalf of the men‘s clubs of the city. George O'Connor sang, accompanied by Matt Horn. Honor guests of the club_were: James H. MacLafferty, L. J. Dickin- son. Commissioner Oyater, Mra. J. W. Frizzel Helen Gardiner, Mrs. Edith Saulsbury. Frank H. Shipe, J. Max Cunningha Lee L. Herrell, Clarence L. Harding, O. Bchick, Michael, Heister, Geoi O’Connor, Mat Horn, Mrs. Evelyn Hunt and Mrs. Sallie V. Plckett. Officers installed were: Mrs. Ruby Lee Minar, sident; Dr. Julia M. Green, first vice president; Mrs. B sie L. ¥dmonston, second vice presi- tre: 3 the club include: Locher, Mra. Ethel K. Blanche Muir Dalgleish, V. Barnhart, Mrs. Marie Dr. Clara U. Littl The committee in charge of the ban. quet was composed of M! Caroline L. Lanman, Mrs. Elsie H. Coleman, Mrs. Sarah E. Cooke, Mrs, Blanche Mujr Dalgleish, Mrs. Edna Rives Duke, Dr. Nora Moyer, Dr. Clara U. Little, Mrs. Marie H. Plerce, Mra. Ethel K. Pollard, Mrs. Caroline B. Stephens, Mrs. Mina C. Van Winkle and Mre. Ethel L. Ward. PARIS MARKET STEADY. PARIS, December 5—Prices were steady on the bourse today. Three per cent rentes, 59 francs. Exchange on London, 65 francs 10 centimes. Five per cent loan, 75 francs 65 centimes. The dollar was quoted at 14 francs 34 centimes. Notice to Stockholders FLORIDA FINANCE CORPORATION Of Tampa, Florida. At a meeting of the Board of Directors of the Florida Fi- nance Corporation held Decem- 2, 1222, the fifth semi-an- nual dividend at the rate of 8 per cent per annum on Prefer- red Stock and 2 per cent per annum on Common Stock wat declared as of December 1, 19: payable December 10, 1922, to all fully paid stockholders of record. Flerida Finance Corporation. By W. F. Miller, Pre: V. W. Helm, Sec’s-Tre: EQUITABLE Co-Operative Building Association Organised 1879 434 YEAR COMPLETED Assets . Sarplus Systematic Saving A plan to make saving easy— Save a little each pay day and you will be surprised at tke amount accumulated in a short time, Subscriptions for the 84th Issue of Stock Being Reeefved Shares, $2.50 Per Month EQUITABLE BUILDING 915 F St. N.W. JOHY JOY EDSON. President FRANK P. REESIDE, Seey. $4.657,959.50 1,180.880.31 National City Recommendatins A catalog of carefully selected BONDS for your December funds Telephone or wurite our nearest office for your copy The National City ‘Washi lon—741 15th St. N.W, Telephone—Main 3176, T e Reserve January Investments at Once ‘WE have just purchased sev- eral highly attractive issues of firstmortgage bondsin $1,000, $500 and $100 amounts, net- ting 6 and 6%%, which we are offering for immediate pur. chase or for reservation for January delivery. If you have funds available next month we suggest that you make your reservation at ‘once. Call or write for our In- vestment Suggestions, and specify . . BOOKLET 913-G_ @ 1932—5.W. S. & Co. { FINANCIAL. HOUSE BILLS DELAYED. Adjournment Taken After Amus- ing Debate on Bird Measure. | The House adjourned today without | transacting any business. It was ex- | pected that the contested election ! case for the seat now held by Ropre- | sentative Harrison of Virginia would | come before the House, but House | Leader Mondell announced that a de- lay Is necessary. There was an amusing debate re- ! garding the advisability of calling | up the migratory bird legislation. but | owing to the fact that Reprezentative | Anthony, who is fathering this iegi lation, had told some of the members that he did not expect to call it up to- day, action was postponed. —_—— In Russia it costs more than twice | as much to subscribe for a magazine | for two months as it does for one month. 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