Evening Star Newspaper, March 24, 1923, Page 12

24, 1923. DISTRICT NATIONAL | WILL OPEN BRANCH == - curl exchange the THE EVENING STAR, WASHINGTON, D. C, SATURDAY, MARCH FINANCIAL, |t s U ‘WOOL AUCTIONS ENDED. COMMODITY NEW'S on ll‘h:l;::tv\'hl::xd:(?.(vv“ 3 i \"I LONDON, March 24.—The second BURNER lN PIGGLY WIRED STAR FROM | ATLANTA. Mareh 24—Brick m..‘“a:l;l :\3‘“ “.“Nx".l ::.m'}yl:.,:-‘s ‘l“::tri‘e:ll:;; l ENTIRE COUNTRY Many New High Records Prices Before Stocks lumber have advanced materially in|amounted to 13,458 b Start on Slump. price this week in the southwest.!| Compared with pri W | i {$3.65 on its coul supply. This Is 10| changes moved irregularly with the Caadian and Hungarian rates falling | to net low levels. ! Strength In Rubber Stocks. | Tho strength of rubber stocks was founded on further increases In tire prices. United States Rubber, Kelly Springfield, Keystone und Lee tires all Sold at their highest prices of the year. “Equipments were bought on reports of additional large orders from the principal railroad systems. The revival of speculative interest in the railroad groups, gains in which, however, were relatively small, w. based on the expee ion of unusually good February carnngs statementy annual Steel irporations, dvidends were ar. were cause of the of the comp: NEW YORK CURB MARKET cn:lvncd by Private Wire Direct to The Star Office. Te of the last Dealers stated today they had made | Serics Merinos and coarse cross breds every effort to hold down prices so | W per cent lower. Medium cross as not to check construction, but that | breds were 5 cent lower, and fine the sit i hud got out of\their| cross breds and Puntas showed no hands. | Cape of Good Hope and natal declined 5 to 10 per cent, while scoured remaiied unchanged, During the the hon . the contin @ 12,000, and ver. FERNAN, On s nt quantity the |StoCk in the late trading he | Javorable development sclling con- | Southern State's holdings in and reports of recent addi Smackover holdings were renewal of the fter realizing tbeorhed. Dela ern C PHILADELPHIA, ers of lur 15 Mareh 2 here Mak- added and in this today o era ave today ver prices thei it to iv list ns resno, upward had {tinued the same to Asks Permit of Controller.| - lers of Location, Connecticut Ave- [sunMaraciano o nue, Near K Street. that ores and Last . be- BY L A. FLEMING. YORK, Mar Distriet National Bank fal 1ist of application with D. R. Cr ntroller of the currency o b street northwe that in as on 1 the recent heavily big board ers machine o NEW ORLE production in 1 Mar Siama and Arkan- i i responding steadily today to the fmpetus given it by the advance of . barrel in the price of crude this sec oty ra espec- Schulte Retail wa came in 5 u . extromely busy o ptes n zeneral on the tre a Lackawanna and Wes: « feature, getting up time, Strength thern the States O nts Stat L il in the United time before Suppo reports of and Bethlehem while disclosing not fully earned regarded as bullish excellent cash positions nies, the large volume of unfilled orders. the rising pri endency and a high singer, ¢ operations. [ IS s any appreciable A [rermission however, | high ord branch b rubber, equip- |Fed metal. ' S decline thi expire o LOULS, March territory whose wake agr May 1 are demanding a 5 per 1t wage increase after April 30, 24 —Buakers in tso s PLAN NEW RIVER SERVICE. ST, PAUL, March 24 (Special).—Five pwer, barges will start freight on the upper Mississippi river! 15. The all_ stecl wheelers of four using lehecked riare w ements | ers repor of business vellow March very fuctory toduy spruce piue in sirong demand. dollars a thousand is the price for spruce and $65 | rent price for pine By the Associated Press, NEW’' YORK, March 24—Stock prices fluctuated within a compara- tively Mowing traftic 1 stocks June stern teet, Filty nimum the cur- The ed is vesse with fuic iH, March 24, has PITTSEURS Pittsburgh —The ci bid arrow trading area all week, veral new high records for the year being made on the rallies, particularly in e oil, ment and sugar group. ontinued reactionary, reflecting the or received a of W INDUSTRIALS, Canl 40 i P ool il el ol oo “\ETNA LIFE INSURANCE COMPANY T, J.l :‘.'y ik tocated Jinin northeast £ Conn wvenue and K It understood Bond prices and Affiliated Companies Aetna Casualty & Surety Co. Of Hartford, Connecticut MORGAN B. BRAINARD, Pres STATEMENT OF AETNA LIFE IN: THE CONDITION URANCE COMPANY OF | N Colmmbin Code, STATEMENT OF THE CONDITION ar m AETNA CASUALTY AND SURETY COM. PANY OF HARTFORD., CONN., On the B1st dav af 1 n offic b oans t policvin lianids o . Interes: agenis 4291 211 : 2741 ALl ofhier assets 10,402,180 00 12.326.33 | Less assots not admitted.” 207 011 MLITIES. A 1801 aw 150,498 m to 21881 LIARILITIFS A by lay ¢ B REMING NORMAN € NT rox VENS MERTITT. Notars Automobile Insurance Co. STATEMENT OF THE CONDITION of the AUTOMOBILF INSURANCE COMPANY OF HARTFORD CONN 192 s re nmbin Code, st 1N, 1811 3444995 5 a0, 72,100 500,00 = th £.017.006 84 Slon exp arr 1. 1025.) Automobile, Fire, Marine & General Casualty Insurance, Fldel ty & Surety Bonds JOHN T. JONES. Manager A. J. VORHEES, Asst. Mgr. Washington Branch Office 826-831 Woodward Building ner Ing stringency of the money situation and selling to provide funds for speculation in the st market. Speculators for the decline conduct- ed several attacks on the 6n rumors of another Increas federal reserve re-discount rat local federal reserve bank st however, showing a weekly decrease jof § '\rwvu(m in rediscounts and an increase in the reserve ratio of from 82.2 to 86.6 per cent, did not give any indicition of “credit inflation” ch market observers believe would tify another increase at this time The stock market showed signs, how ever, of having developed an over- bought condition Piggly Corner Feature. of the features of th wus the violent 52 point fluc- tuation of Piggly W A stocks, which was later ruled the ard ‘on the gr. that there was concentration of holdings nt “free market” for other words, that Short inferests # reported to ha S which they delivery, paid from “over the counter.” in French francs, them to within ten cents, also aroused con- interest The forfeited half of their net gain, however, on the reported withdrawal of French sovernment support. Other ex- — STATEMENT OF THE CONDITION or 1 NORWICH UNION INDEMNITY COMPANY OF NEW YORK dax of December, One stock market class 1t 1 hie 4 in A sharp which carried points of 7 siderable O the 31s as required 500, 40,000, 00 Cash 0 Stocks and Lo Premivms u f agents e I8 (market value) . e and in ty i Work 192149 1RT4LT 1080445 received during " the e year FALC B. THISTL oretars. Subscribed_and_sworn to of February. 1923 WALTER before me MCLENNAN, Nota ork Cit 14, 1824 Commissior r of Deeds, New My commission expires A Member of the INSURANCE CLUB OF WASHINGTON alKer @ Company Incor porated {that CHARGE CARMAN TRIED TO BURN WIFE’S HOME | Edward B. Sylvester Arrested in Washington for Investigation at Fredericksburg, Va. Wanted in Fredericksburg, connectlon with an an attempt made early yesterday merning to burn the house of his estranged wife in Spottsylvania coun- ty, Edward Sylvester, fifty vears old, a motorman of the Wash- ington Railway and Electric « was ted in Washir ht Detectives Murphy, ] and Sweeney Sylvester was found home at $21 34 strect Ly the deteciives why under arrest, he denied clarinz he’ was in Northeaxt Washinzton time it was said @ mateh was to cotton waste on i front p his wife's hom It was lcarned Sylvester night for a day's 1 which, it is stated vester said he spent several working on his car before an early hour yesterday n denied burg wife Va., in investigation of Berry usleep northe: he va morning applicd by the detee turned in his hou: retiring at rning i 11 motored 1o Fredericks- were to separa vlvester than 1 and his ur | the ade an MAY SURVEY AGENCIES HANDLING D. C. CHILDREN wW. W. z ¢ R Foundation Hodson of Russell Sage Available if In- vited, Commissioner Told survey child-c publi Dis Hodson of the board ferred consideration rs. West has been advised that the trict ma the f of the e H study of lo v would include creating a departme elfare in the Di procedure .of th er of handling of guardians and the of the training schoc girls. Mrs. West also the proposed survey members of the board of charities who will _consider it soon rzement boys and taken up STATEMENT OF THE CONDITION FIDELITY AND CASUALTY COMPANY NEW YORK On the 3ist day of Deceminr, 1022, as required {will ber des ke the first ni to 1 sts of branch will deposits and perate ety deposit foreign exchange. A junior official of the th placed in charge of le as now, bank 5 lities ar strict Bank ar all time branch ba neither in the al 6 Rrah 1pl A. € ir. v it Go the Nationa presented ber of « Rome. analyses Roberts de that an “inflatio and prices sin r to that whi early months o the the after its present patrons prepared to v vaults and sel b: e bank nly at the wil 1o ma e m Lett tha nk, with ¢ uyx Tanke ommittee. tha Har Opens. Carefully. sts | PLEA TO HIGHER COURT FOR REVIEW OF TRIAL L. Cleveland As Pclice Court from Prohibition Case. vrit nt charg wtional prohibi that the Po nts out that the criin with was infamous him to imy »‘Washlngton Stock Exchange‘f “oul ect ahor, ace in, 19 nnder_the District of ( 550 1o and assert June 30, 190: and asse hard workhouse or infamous punishment. Cases ed in the brief where the Su- ‘ourt had held that when an <d nger of an_infamous shment. if convicted, he has acd Angust l~ 1011 Members of the Washington Insurance Club of Washington —$1.000 at 100, Capltal stock ... whether in Capital stock paid up in ‘cash ASSETS. Cash fn office ...o...... Cash in bank ... Real estate . 'VERY HEAVY SELLING B Superior Insurance Service 222 Southern Building—Phone Main 2430 Strong Indemnity---Honorable Adjustments--Prompt Payment of Losses Fire Tornado Rents Established 1901 Plate Glass Mail Package Tourists’ ALLAN E. WALKER, Pres. LEROY GADDIS, Jr., Sec. Treas. BERTRAM G. LENNON, Manager STATEMENT OF HARTFORD FIRE INSURANCE COM. PANY OF HARTFORD, CONN. On the Zist day of December, 1922, as re- quired under the District of Columbia Code. amended June 30, 1902, and August 911, THE CONDITION $4.000,000.00 ,000.000.00 p in gash Cash in 1 Leal Real estats erest due LIABILITIES Nei unpaid claims . Reserve as required by law Salarie s, expense tuxes, ete Commission: Capital stoc All other liabiifties 1110 £0:410,990.57 36,135,657.55 1.100,000.00 100,000.00 £.000.000.00 Total liabilities Amount of risk during the .360.00 408, 65.120.37 WIHITE, Asst. F. . RUSKELL, WIGHTM AN Notary Public. 752,01 STATEMENT OF THE CONDITION Of the GLENS FALLS INSURANCE COMPANY OF GLENS FALLS, N. Y. On the Flst day of Decomber, 192 quired ‘under the I of Columbin Code. amended June 30, 1902, and August | 18, 01l Capital stock e £1,000,000.00 Capital stock pai up’in eash - 1.000.000.00 ASSETS, Cash in office . T <h in bank ... tate . tate orfgages (fret : S 2.394.470.00 Omarket 5 .135.938.00 ums ted and’in nis of o LIABILITIES, Net unpaid clnims Reserve as re Reinsurance premiums . Sularies, routs, ete. . \ dividends rMnJu.vng - paid Capital stock . All other liabilities _. . Surpius over all liabiiities. 200,000,00 £0,000.00 1.000.000.00 341,095 7 294646584 Total liabilities ........S11 Character of business transacted the vear 1922—Fire, automobil sprinkler leakage, riot and motion. registered mail, hail. /Ao f risk assumed dur yeur 19 tained dur) Auring tornads ivil cor 572.461.00 21.468.55 F. M. SMALLEY. S nd 1923 Moz AN Nutars Pubfic +Commisslon expires Mureh 31, 19 Automobile Burglary Liability Wm. L. BROWNING, Vice Pres. Rain Hold-Up Bonds W. EDGAR LEEDY, Director STATEMENT OF TH of tie CONDITION SUPERIOR FIRE INSURANCE COMPANY | OF FITTSBURGH, P. On the Flet quired “unde Code, am 1%, 1011, of December, 1922, as re- the District of Columbia 1 June 30, 1902, and August Capital stock .. Capital stock paid up in ¢ash. *$500,000.00 S00.000.00 ASSETS, Cash in office ... Cashh in bank ... Real estate ... Real estate “mortgas Stocks and’ value) ollateral 8149838 “dirst h..rm 4'.{:,”;'. t Al other assots 2 Uuder, Asen, Reinsur Total assets claims . as required by Taw. .. rents, cxpenses, ete. Commissions, Capital stock All other liabi r of busines year 1 Lossex Moner 434.904.24 Aty 010,02 RIMBLE. President to before T me this ALBERT €. SCHAUE. Notary Pub My commission espires Feb. 19, 1925.) STATEMENT OF THE 0f the HARTFORD ACCIDENT AND INDEM- CONDITION | NITY COMPANY OF HARTFORD, CONN., On the J1st day of December, 1922, as re- quired under the District of Columbia Code, amended June 30, 1902, and August 18, 1911, Capital stock $2,000,000.00 | Capital stock pald ap’in cash ~1.000,000.00 Cash in office Cash in bank Reul estate morigs len) Stocks alue) $23.327.85 . 1,404,535.11 i 5,500.00 . 11,030,536.00 Preminms hands of agents . 3.104,425.69 Tnterest due and accrued.... 127.377.11 Aliother assets ... 121,093.43 Total admitted assets ...$16, LTABILITIES. 1 claims .. e as required by law rents, expenses etc Commisslons, Brokerage, stc. Capital stoc} 1,000,000.00 Total Uabilitles ........$18,175.475.31 Character of business transacted durin 3 922—Accident, health, 1iabili- t5, compensation, 'fdelity, surety, burglary, auto property damage ollision, property damage n auto and live - $5.135.300.41 5,959,355.00 204,764.00 782/065.90 ,639.70 il Teur TG oonc o 14.00,478.77 ed during the year e e 11.147,971.71 JAS. L. D. KEARNEY. Vice President. ROP. CHAS. HAMILTON, Comptrolier, subseribed and sworn to before me this Sth day of March. 1928 iSeul.) L. HANNON, Notary Public. Money “during E: J l Real estate mortgages (Grst iten) s and bonds (market Premiums uncollected Lands of agents ..... Intarest due and accrued ... AlL other ass Total 0000 | 6 value) 22,0 and $3,175.452.15 ! 5,802,001 1 143,515 44,640.31 805,063, 4,000,000 Commis Capital_etock AT other Total liabilitles Character of rety and casuity., { ring the year 1 G | Expended ‘during fie sear 1622 . (SON . STERLING, Vica Pres O'LEARY, Asst. Secrctary. ubscribed and_sworn 1o befors ma 7y day of Mareh 1923, R rze this 1 off to 2.6 N COTTON NARSET - May Drops to 29.65 During Break | at Opening—Today's Closing Pri flie Associated Press. NEW YORK, Mar ia continuation of movement which has b in the cotton market middle of this morning was eve and general than prev [t resulted in an op 35 to 43 points which orders, with the price and Decem the opening call fore way the s 1 general month, and ces. 24.—There wa the liquidati cen under way ever sinco the the s n more ously z ‘break of overed stop was ended iling was { tributed to a growing belief that com- E. K. LEGG, Jr. Resident Manager | Member of the Insurance Club of | Washington H 307-12 Wilkins Bldg. STATEMENT QF THE CONDITION of the { GIRARD FIRE AND MARINE INSURANCE | COMPANY OF PHILADELPHIA, PA.. | the 31st day of December, 16: reqiitrad er_the District of Columbia Code, amended and 13, 1811 H { Capital stock ... £1,000,000.00 Capltal stock paid up_in cask: .1 1,000,000.00 Cash in office . Cash fn bank . ] estate mortg: Stocks Bills receivable . Premiums _ uncol| $1.050.89 240, 3 jen) 100.700.00 rher Salue) 4.007.370.43 1143.54 | 363.084.78 44,08 All other_asseta: Reinsurance re £ | covernble, unpaid losses . . 17.860.39 hila. Underwriters' Asso. depo: Total assets ............ s | LIABILITIES. et unpsid claims ... teserve as required | alaries, rents, expense ete. e L 65.000.00 Capital ‘Stock 110 2 1.000000.00 1 1,110,233.48 ‘taxes, Total liabilities haracter of business transacted during the year 1922—Fire and automobile, hail and sprinkler 1 Amouat of | ing ear 1922 ... Losaes sustained during the year Monay Feceived Guing the Feur oney received dur! Tos ikt 24812008 ing {h yea ., H. DUNHAM, Vice President. Subscribed _and swo; 20th dax of February, 1 MELDRUM. | Notary Pubiic. LEE D. LATIMER COMPANY Members of the Insurance Club of ‘Washington 'General Insurance 1410 H Street (First Floor) modity values were i there wers rumors that terests looked with further inflation. rade interes buvers on the break A good de ed the decline and ca everal points from th, 1fter the call, but th narket was nervous There was probably sol ment over the failure conference to regult in of the Fall rive™®.age was not mentioned pre market_factor. Futures opcned w to 20.65: July, 28.85; December, 24.55; Janua quiet; middling, 29 Cotton futures_close 29.37; July, 2850; C December, 24.4 NEW ORLEANS. M rly trading in cotton s w e wide declines, ng becau "xho belt and the refusa tton mills to grant by their employes. In i nour of business prices lost | points, May sin ing to and October to 24.80. liquidation of long col in_evidence. Cotton opened steady uly, 28.80;Ootober, ber, 24.48; 'January, Cotton _futures close losses of $1 to 112 bids: May, 28.30; tober, 24.35; ary, 23.75. Spots dul to arrive; dling, 29.75; GIVEN PAY LEAKSVILLE, N. Textile mills at Leaksy Draper have announcee wage_ increase, it was 1t will add about the annual pay roll. WEEKLY BANK NEW Jul ; 50 lower; a 1 of covering which check eak. January, points. December, 23.92 low middling, 29.00; good middling, 30.25. 0,000 YORK, March 2 and | - too high, banking disfavor up ere moderate id_ there wa used rallies of e lowe e tone and _un: me dis of vesterday's a compromise dispute, but it ominentiy as of tie ettled. May, October, ry, 24 d weak, dctober, 2417, arch today brought heavy selling appear e of clearing weather over | 1 of Fall River wage demands the first half 32 to 3 29.05 a poun Considerable | ton was again 29.3 Decem March, 24.90; 24.23. d_easy at net Closing Oc- ‘Janu- ly, 28.1 no sales, none mid- RAISE. March ille, Spra 1 a’i5 per cent learned today. a year io 24— REPORT. The actua condition of clearing house banks and trust companies for the week shows an excess in reserve of 35,5“.«0. This 1s @ decrease of §4,162,470, t right | ppoint- | 24—The | aud | | | Bid and Asked Prices. PUBLIC TUTILITY, Bid. Asked & Telga & v et 4 Pow. g. m € m. & rof. & it Vernon L& Mt ve . Paper Mfg. Realty e, 4 Storage Wardman Park Hatel STOCKS PUBLIO UTILITY. Amer. Tel. & Telga.. 1 Traction Distriet {Purmers & Mochanics” i Secand Nati TRUST ll!\ll'.\\Y Washiugton Loan and Trust.... 322 SAVINGS BANK. Commerco and Saving: . 180 Tast Washington 18 Security Saviogs 260 Seventhi _Street. 17 TUnited States... (1 Washington Mechanics...... ... 80 FIRE INSURANCE. Amerfcan . 225 Corcoran . s s Firemen's National Tnion... TITLE INSURANC umbia_ Tt I Estate T MISCELLANEOUS, Columbix Graphophone com Columt Blioplione prd..... Merchants’ Transfer & Storage. X ler Linotype {01 Duteh Morket e E Old Dutch Market pfd... ... .0 Lanston Monotype. ...... Security Storage. Washington Market. ow | the a « {rounded t that he cannot be p d jury. POLICEMAN HAS BATTLE ON THIRD-FLOOR BALCONY Sergeant’s Fterce Birugsle With Powerful Man He Arrested for® Hurling Bottles at Pedestrians. Hundreds of pedestria gathered the vicinity of 932 Pennsvlvania ave nue last night and witnessed a strug zle between Sergt. H. W. Carlin of * the first police precinct and Elme McKinley Harrell, a powerfully built man of twenty-seven years, ocoupant of rooms the third floor of the building. Serpt. Carlin went to the houss in response to a report that a man was on the balcony hurling bottles nat pedestrians, reached the balcon Harrell regis- tered \)-Vn'm. s ob, _;4 ction to being dis- | turhea. | “As soon as of him, it is the sergeant took hol ed, he resistodl des. sergeant had difti culty in pre Harrell from hurl- him fr slicemar to the rell was T conveved observation finally came . and Har- > house. He nger Hospital as to his mental con- BIG TRAFFIC GAINS. PHILADELPHIA | cial).—The loeal tractio is carrving passengers of about 6.000.000 a month lof the trafiic of a vear azo. attributed to the general increase business activity of section Famous Mosgue of Oma. o Detroit News The famous mosque of Omar, oW Mount Moriah. rusalem. occupies {he Site of the ancient Jewish templ s bullt by the C Aliph Omar or, orities assert, by tha \liph Abd-cl-Malck. I the 7th cen- - | turv. 1t is octagonal in shape und iameter of 170 feet |“ The lower part fs constructed of | various colored marbles, while the up- per part is covered with porcelain and plerced with fifty-six win- The structure is surmountedf | by a' heautifully proportioned dome > light and graceful in design that !u seems to rest like a balloon of siik upon the mosque. S BPne interior ~ is adorned with arabesqu. In the center beneath e is a large, irregular stone fifty feet in diameter, sur- by an i railing. = This called th Rock™” and be- the adve d by almost i fore was regard like hound spot whero - and where the altar of the temple stood. Moslems, however, assert that i knelt there in prayer to heaven, On this Viprin rence not only prophet as he mounted he {ward but also the mark lefe by thd archangel Gabriel's hand as he seiz- ed the rock to prevent it from fols lowing Mohammed,