Evening Star Newspaper, June 16, 1923, Page 12

12! FURTHERSELING N OLSTOS Market Closes Easy—Sales Total 275,000 Shares. Marks at New Low. By the Assoviated Press. W YORK. June 16. dull in today’s brief session, of the stock market, with scattered | tiquidation in the oil and other low-j priced shares the only features Faflure of a stock exchange house heavily interested in eil promotions was attributed in some quarters as one the reasons for the recent weakness of the cil shares. neral Asphalt, Sinclair and Mexican Sea- rd were most susceptible to sell- ing pressure High-priced vated with lim German marks ! low record. The Sales approximated FLUCTUATIONS SMALL. rading was | unusua ndus*rials ! flu ¥ narrow 75.000 shaves. Latest Failure Partly Due to Slump | in 0il Stocks. BY STUART P. W ®pecial Dispatch to T Star = ; NEW YORK. June 16.—Today's! stock market was an altogether un- npcrtant - affair change e s. Advances; termingled. but they amount to and declines on neither more tha The stateme v oin eo fon Nachod Kluh\ firm had not been »L‘! 5 the last ved r so. Never- theless the belief was that the siump in. the oil stocks had had a good deal 1o do with the trouble. Move in Narrow Range. Most of the industrial leaders moved ba and forth within a range point. but the undertone throughout and the im- sion made by the day’ proceec ings was that professional atacks were not heing repeated because the bear party was recognizing that the has been consider- twi w failure ctive in the ma but with it The market cloced steady the general average about where stcod at the end of business Friday Betliehem Steel. Crucible Steel studebaker and Baldwin Locomotive fraction up. No at- renew lower. son Ch kept on, influenced by report: deal with the Ro: Dutch for sale of the Siliciu-Jel paten There has been nothing in the mar- ket action of Atlantic Ca t few dayvs to suggest any par- - development affecting stoc holders, but talk has been heard that a split up, r to that in Louis- ville and Nashville may occur. De- tails are lacking and so is official con- firmation of the report More Standard Financing. the Standard Oil Company of ia recently sold $25000,000 5 cent notes to regain a like amount of 7 per cent debentures, the question has arisen regarding the of other Standard units the same course. Obviously financing for refunding pur- would place these companies in a more advantageous position. No definite information has reached the street concerning other Standard Oll Company financing, but the hint a few dayvs azo of Standard Oil of Kan- sus taking a similar course has fitted in with current reports. PUBLIC STAYS QU OF STOCK MARKET Sinc Week’s Constructive News! Fails to Prevent Selling. Oils and Tires Weak. S | 1 sociated Pross. W YORK. June 16.—Stock and bond prices displayed a reactionary | trend during most of the week, with the trading of a desultory nature. The marked absence of public interest in the stock market and the lessened activity of operators on the long side induced considerable bear selling and some liquidation by tired holders of long stock. There were several constructive de- velopments during the week, one of the most important of which was the raising of the annual New York Cen- tral railroad dividend rate from $5 to 7. Considerable significance was at- tached to this because of the pres- ence of powerful financial interests on the board of directors. Resumption of dividends by the American Smelt- ing and Refining Company tesrifled to improvement in the copper industry. Railroad shares offered good resis: ance to selling pressure, some of the low-priced carriers being in good de- mand because of high current carn- ings. The latest weekly car loading statement showed a slight decrease, but this was explained by the Memo- rial day holiday. Overproduction of California crude oil continues to have a depressing ef- | fect on the oil shares, most of which established new low records for the year. Reports that this flush pro- duction had about reached its peak failed to stem the tide of liquidation which has been in progress for sev- eral weeks. Tire “Price War” Feared. Announcement of lower tire prices. with indications of a_‘price wa brought about heavy offerings of the tire and rubber stocks. all of which touched new minimum prices during the week. Steels and equipments also lost ground. the former on further Teports of a curtailment of forward buying. Latest developments in the German | reparations situation have revived hopes of an_ early settlement being reached by the allied powers. Amer- ican bankers are known to bhe taking an active interest in the situation The splendid success achieved in the flotation of an international Austrian Joan has had a cheerful effect on sen- | timent. DRY GOODS MARKET. NEW YORK. June 16 (Special). There was_littie trading in the Worth wtreet market today. Whatever busi. ness there was done was in small lots, Sheetings and pajama checks to- gether with print cloths were the most active. The last were unchanged mt 10 and 113 for 64 by 60s and 68 to 72s respectively. A quiet tone prevailed in the raw rilk market. OIL MEETING CALLED. W YORK. June 16.—A meeting of the board of directors of the Pierce 01l Company will be held next Tues- day, it was announced today to fill Vacancies caused by the removal of Henry Clay Plerce, Henry L. Doherty, FINANCIAL. Received by Pri (o Adams Express. Ajax Rubber. Alaska Juneau. . Allied Chem Allis Chalmers. . Am Ag Chm pf.. Am Bank Note.. y Am Chain A.. Am Cotton Oll Am H & Lea pf.. Am Internat’ Am La France Am Linseea. Am Locomo. Am Loco (ne Am Metal pf . Am Roll Mill pt. Am Ship&Com Am Smelting. Am Steel Fdy. Am Sugar. Am Sumatra Am Te} & Telg Am Tobacco. Am! Am Water Wis. Am Woolen. ... Am Woolen pt. Am Wool pf f pd. Am Zinc&Ld pt. Anaconda. Asso D Gool Atchiso: Atchisou pf. Atlantic Fruit Atlantie Gult. Atlantic Ref. ... Atl Refining pf.. Atlas Tack austin Nich Baldwin Loco. .. Baldwin Loc pf. BuiLlo & UhIO. ... Barnesdall ( Bayuk Bros pf. . Beth Steel. . Bllyn Edis 5 Bilyn Rap I'ra. B R'T warrants. Brown Shoe. . Burns Bros (B). Butie Copper. Bulte & Super.. Caddo Oil. Calif Pack Calif Petrol. .. Callahan Zinc Canad'n Pac. Central Leath... Tro de l’asco.. Chandier Mot. Chesap & Ohio. . Chi & Alton. ... Chi & Alton pf.. Chi Mil & St ¢ Chi Mil&StP pf. Chi & Northwa. “ni RI& Pac... Chile Copper. ... Chino Copper. > &St Lout: Columb’a Grap.. Col Graph pf. ... Comp tabulat Cons Cigar Con Gas new Cons Textile. Cont Can. . Continental Mo. Corn Products. . Cosden & Co Crucible Steel Crucible Sti pf.. Cuoan-Am Sug. Cub Cane Sug... Cuba Cane S pt.. Cuyamel Fruit.. Davidson Chem. Le Beers Detroit E Dome Mines Douglas Corpn. Dupout (E4). .. Eastman Kod Elec Stor Bat. Emerson-Bpf. . Endicott-John.. Zrie Erie 1st pf. Erie 2d pf. Famous Play. Fisk Kubber Fieishman Foundation Co. . Gen Am Tk Car. Gen Asphalt. ... Gen Eiectric. . Gen Motors. | Gimbel Bros Glidden. . Goldwin Corp. Goldwyn (new). woouricn. . . Goourich pf. Gooayear pf. . Goody pr pf wi.. Granuy Consol.. Gray & Davis. .. Gt Northern pf.. Great Nor Ore Gult 5t Steel.... Hartman Corp. . Househ'd Prod.. Houston Oil..... Hudson Motors. . Hupp Motors. ... Illinols Central. indiahoma 5 Inspiration. ... Interb Iap Tr... inCombust E... Int & Grt North. Int M Marine pf. 1nt Nickel. Intl Paper. Z Intl Paper (sta) Int Shoe. .. = 1nvincible Ol 1sland Oil. Jewel Te: Jones Te: KansasCity S... Kelly-Spr Tire. . Kennecott. . Keystone T! Lima Locomo. Loft Inc. Loose-W! Lorillard (P). Mack Trucks. Macy Co pf. Magma Copper. . Manhat El Sup. . Man El inv guar. Man Elev scrip. . Manhat Shirt. Marlazd Oil. Martin-Parry Maxwell (A). | Maxwell (B) May Dp Stores McIntyre Por. Mex Seaboard Mex Seabd ctf: Miami Copper. Middle St Ol1. Midvale Steel MoK & T (new). MEK&T pf clA (n) Mo Pacific, Mo Paclfic pf . Montg'y W'rd Moon Motor: Mother Lod Nash Motors pf. Natl Acme. . Natl Cloak & S. . at Cloak&Spf.. Natl Dept Sto pf. ¥ Alr Brake.. N Y Central. NYNH&Hartta. Norf & West. North Amer. North Am pf. North Pacific. Orpheum Cir.... Otis Blevator... Pacific Develop. PacificG & El... PacificOll...... Packard Motor. P: m Pef . Pan-Am P (B)., Pehn Seabd Stl.. Alton B. Parker and A. B. Leach. | Pennsylvant: Whese four men were removed by a | People’sGas. ... decision of the court of appeals election illegal. Virginia supreme | Pere Marquette. whicih held their | philadelphia Co. Open. High. Low. Close. ks 874 1% 68 414 2% 801 37% 96% 0 20% | 124% 1441y 14381y 40% »9 1004 101% | a1 448 % 104% “0 1 16% | 115 1lo 14 2l 51% 12 100 5i% & 84 £0% 235 Y 132% a4 a2 vz 2% 11% 46k 60t ! 34 Zo% 1z Bi% 141, 127 * 6% 1 6812 5013 30 65 179 14% 427 17 23k, 9% a1 e U 84% 38% | 538 1 then 0 110 5 31% 13% 2% 22% 27 144 393 it | 67 12 % 19% 07 208 38% 36% 5 371 trom the state for many years THE EVENING STAR, WASHINGTON, D. C. SATURDAY, JUNE 16, 1923: YORK STOCK EXCHANGE ivate Wire Direct to The Star Office ' Open. Hi | Philadelcopr.. 42 4 | Phillips Pe Plerce-Arrow. Produc & Ref. . Pub Serv (new). Punta Alegre. .. PureoOll........ Rap Tr Sec w.l.. RapTr Sec pt wi Ray Con Cop... Reading. .. Remington. Replogle Steel Rep Ir & Steel Reynolds Spr. Royal Dutch. St L&San Sran. St L Southwn Schulte Store: Seabd ALpf... Scars Roebuck Seneca Copper. . | Shell Tr&Tran. Sneil Union. Shinms Petrol | Sinclair Ofl. . | Sinclair p* Sheliy Oil... ., Porto Sugar. | South Pacific. ... | Southern Rwy Spicer Mfg Co | St il of Calir. [ | Stand Ol of NJ. St Oil of NJ pt Steel&Tube pf. Sterling Prod. . Stew't-Warner. .. i S romb'g Carb. Studebaker. | Submare Boat | Supertor oi1. K n Copper. . asCompany X &PC& O 11 Third Averue. 13 * rimken Beariag 3974 {Tobacco 1’roa... 525, { Tobacco Prod A. 82 lransContOil.. 6y Twin CF.Tran.. 715 |Cnderwood rts.. 11, | Union Pacific... 1361 i United Ry Inv.. 12y |Un Alloy Steei.. 31y {USCastIrP.. 5 | US Food Prod., | US indus Ale U S Rubber. 4515 43% U S Steel pf. Utah Copper.. Vanadium Cop. . Va-C Chem pf. Vivadou 17% 9% Wabash pf (A).. 31 Western Union. 106% | Westhse EI&M.. 56! | White Eag O1l.. 251y | White Motor.. 51ty White Oll. 215 24% 6% 61 62 6l 229% 2293, 9% 9k HOURLY SALES OF STOCKS jilam....184700 12m.. 233 200 Willys-Overid. . Will's-Overl pt. | Woolworth. . | Wright Aero.. BEAVERS ARE PLENTIFUL. Successful in Western Counties. From the Philadelphia North American The effort of the Pennsylvania ganie { commission to restock the state with {beaver is meeting with success. Re- | ports of game wardens and sports- | men who e been watching the col- jony, started about four years ago | near Sizerville, show constderable in- er i » number there. The off- two pairs released in now are estimated at be- rty and fifty, by game war- {dens who have been keeping tab on the little animals. The rapidity with which they have ultiplied is causing a probiem for te wardens. Last summer the ¥ dammed all the water near S {ville. and cut off the water supply | Emporiwin. Several of the dams were jtaken out and the beavers set off for {new territory. locating on a state game preserve near Norwich, about fifteen miles from their first home. This spring the wardens have found {signs of their activity near Hazel- ihurst, about fifteen miles from Kane, th, | m { which lead the wardens to believe the | | colony 1s about to split up. The native beaver has been gone Those jimported to restock the waters were | brought from Maine. The commission | purchased them solely as an experi- rent. but the imported animals adapt- mselves to the new conditions | immediately. ~Their fur is very valu. able, but although rapid multipliers, lan open season on the animals i3 con- {sidered a distant possibility. Century Plant Hoax. From the Nature Magazine. Some one told you once. twice and perhaps over and over again |about the wonderful century plant ((Agave Americana). which blossoms fonly once in a century. FBut people \\\')m are fond of beautiful and inter- esting things often prove very im- patient admirers, and that is just how the fictitious story was started which |declares that this plant blooms once {in 100 years. In some parts of South ‘.\mer' the century plant blossoms jonce in eight years, but when it has jbeen transplanted into greenhouses tunder the artificial conditions its | blooming date is much prolonged. { Down in Florida and other warm jparts of the United States the century I plant thrives out of doors. It is | rather a pecullar plant in one way, {and that is it has no main stem, for ithere is nothing but an aggregation of large, fleshy leaves whose margins are quite prickly. If the owner of ja century plant will forget all about 14| its blossoms, by and by the day will 43 153 76% 112% 301 {finally come when it will surprise {Rim Dby sending up a central shoot that may reach a height of twenty |feet. Tt” bears an abundance of Ibeautiful flowers and on a single {large and thrifty plant there may be 4,000 such blossoms. Discovered It Was Himself. { From the Boston Transcript { Mrs. E. M. writes: “The other even- jing. after T had put my two little boys o-bed, 1 heard a heavy fall. Hasten- ng upstairs I entered the elder hoy's iroom, but he was sound asleep. Then 2|1 hurried to the other room and saw jmy youngest just climbing back Into bed.” ‘Why, Roger,’ I sald, ‘I thought iit was Bobby.' A sleepy Voice answered, ‘So'd 1, at first.” " —_— Has American Flavor. ¥rom the Boston Transcript. In London, recently, Mr. Warbullion, a cousin to our Mr. Newrich, entered lan ice &ream shop with his wife. { “T'll have a banana split,” said Mr. | Warbultion. Mrs. W. caught him with a well directed kick under the table. “Remember who vou are, you idiot!" she whispered. “As if you can’t afford a whole one.” Split banana, indeed!” SR ‘Would Speed Parting Guest. From the Arkansaw Traveler. An {nspector-had made a special visit to a certain elementary school in a blg provincial town, and from his point of view good resuits had been obtained. “Well,” he sald, “is there any lad who would like to ask me something? “Yes, sir” cried a voice. “What time does your train leave A Clever Manager. From the New York Sun. Mrs. Marks—You mourning. Mrs. Muchwed—No. It isn't becom- ing to me, and for that reason I never keep a husband long enough to have him die on my hapds. , . . & never wear | Restocking in Pennsylvania Very! BOND QUOTATIONS CHANGE BUT LITTLE Foreign Issues Feature To- day—Liberties Are Sligh_t- ly Higher. By GEORGE T. Special Dispatch to The Star. NEW YORK, June 16.—Trading in the bond market was on a very smail jscale during the two hours session today 1 Most of the interest was in the for- {eign issues, bur even here price !changu were without significance. jThe new Austrian 7s held around yes- terday's closing price. The favor shown (his Issue has been duplicated abroad and in London, where the cor- responding bonds carry a 6 per cent coupon. an even higher premium has been paid than in New York. The tesult is that there has been some | buying of the American issue in this jmarket for British account. So far the success of the Austrian loan has not had much stimulating effect on other foreign honds traded jin here. but it is reasonable to sup- {pose that this will come later. The | Dutch East Indies have been the most active, but this was probably due to reports of new offerings Liberty Bonds Higher. United States government loans were practically all higher today, but not especially active. Little interest was shown in other high-grade securities Among the speculative ibonds the Erie convertibles were again prominent. with fractional ad vances. In view of all the talk of more favorable things in_ store for fe it is not surprising fairly wel] secured selling on _per cent basis should prove HUGHES. three series of the Erie con- vertibles are selling within about a polnt of the high of the year. S Louis and San Francisco income 6s were higher today. Here, too, is a case of a speculative railroad bond, interest payments ou which are reasonably certain. selling to yield over 9 ‘per cent. The buying, however, was almost entirely for speculative account. An income bond paying interest only once a vear is not usually attractive to investors, Central's Bond Plans. The announcement that the New York Central had asked authori of the Interstate Commerce Commis- sion 1o isue 4100.000,000 of additional &tock the purpose of which is to provide for the conversion of the de- benture 6s of 1935 was received with linterest Evidently the New York Centr board expects the stock to sell high enough to make it an object to con- vert the bonds. The latter sold with a fracti change from ves- ay's price. The Dery Corporation yesterday's hig The weckly member serve system w 7s equaled ttatement of the of the federal re- significant in re- gard to the bond market only in the decline during the week of §37.000,000 in commereial loans, show - ing continued lack of from businers with fixed bearing securities. (Copyright, 1923.) banks interest- | Market Flashes | at Today’s Close | Regular quarterly dividends today | People’s Gas, Lizht and Coke; Interna |tional ~Telephone and Telegraph: i Beechnut Packing common and class |B preferrea; Kaufmann Department { Stores common. New York bank clearings, $1.007.- 000,000, New York bank balances, $113,000,000. New York Federal Re serve Bank credits, $66,000,000. Hayes Wheel reports that June wil jbe the biggest month this year, th. ipeak usually being in April. Outlook for the remainder of the year is good. Considerable realizing in cotton de. veloped near the cl induced by pre. dictions for favorable weather in the ibelt over Sunday, and prices reacted {quite sharply. ending six points lower to twenty higher. International Telephone and Tele: graph declared regular quarterly divi- dend of 1'; per cent. Beechnut Packing declared regular quarteriy dividend of 3 per cent on common and regular quarterly divi dend of 1% on class B preferred. $4,000,000 HOTEL DEAL CLOSED IN CLEVELAND By the Associated Press. CLEVELAND, Ohio, June 16-—The Hollenden Hotel has passed to the ownership of Herman Mack of Chi- | cago and as:ociates, who took pos- | session this morning in_the name of the Hotel Hollenden Company of which Mr. Mack Is president aml Roscoe Tompkins of - Chicago vice president and general managpr. transaction is understood Yo have !totaled between $4,000,000 ana $ ] 000,000. " Final papers were signed late yesterday by which the new com- pany purchases the buildings, busi- ness and name and takes a ninet nine-year lease on the land. BAR SILVER QUOTATIONS. NEW YORK. June 16.—Foreign bar silver, 653,; Mexican dollars, 503;. LONDON, ' June 16.—Bar _ silver, 321-16d_per ounce. Money, 1% per cent. Discount rates—Short bills, 2 1-16 per cent. Three-month bills, 2 1-16a2% per cent. RATE INCREASE DENIED. Railroad schedules which would have increased freight rates on fresh meats moving from the upper Missis. sippi valley to eastern consuming te ritory by one-half cent per hundred pounds were suspended today by tne Interstate Commerce Commission to await investigation. * An examiner was authorized to conduct a hearing June 27 in Chicago. The new rates were to have become effective June 20. MAY CLOSE TICKERS. 'W YORK, June 16.—H. K. Pome- roy, chairman of the law committee of the New York Stock Fxchange, confirms a report that the commit- ted was considering depriving the Consolidated Stock Exchange of ticker service on quotations as a re- sult of the unfavorable publicity the Consolidated has received during the present campaign against bucket ishops. A decision was expected soon, he added. BARNEY COLE DIES. HAMILTON, Ont., June 16.—Barney Cole, Baltimore horse owner, who came here Wednesday with his string, died today of pneumonia. He was sixty-five. —_— DAIRY PRODUCTS. BALTIMORE, Md., June 16 (Spe- cial).—Poultry, live—Spring_chickens pounll, ¢5a55; small and leghorns, 30a 40; old hens, 22a25; leghorns, 18a20 old roosters, “13al4; ducks, 15220 spring ducks, 27a2§; pigeons, pair, 20. Eggs, loss of. native and nearby, firsts, dozen, 23; southern, 21a22. Butter—Creamery, good to fancy, 37adl. prints, 42a45; nearby creamery, 35a38; ladies, 34a35: rolls, 30a32; store-packed, 29; dairy prints, 30a32. —_— The census of American Samoa, re contly completed, 1s officfally an- zounced as 8,194, that | competition | The | [xre vorr BONDS STOCK EXCHANGE Received by Private WiredDirect to The Star Office. (Bales are in $1,000.) UNITED STATES BONDS. (Fractions represent thirty - seconds. Example: 101-1 means 1011-32) Sales. High. Low. Close. 98 100-31 100-29 100-30 2 98-8 98-1 98-8 6 98-11 98-7 Lib2d 4%s... 676 98-10 98-1 Lib3d 4%s. . 483 98-18 98-16 Lib 4th 4s.. 639 98-14 98-9 US4%s1952. 7 99-26 99-25 FOREIGN. Bales. Hixh. 98-10 Low. 102 92 102% 96% Argentine 7s. Austria 7s w | Belglum 7% Belgium el Bordeaux 6s Brazil 7 Brazi] 8 . Canada 6% s 1929 Canada 68 1931. Canada 5 1952. Chile Y5 1946 Chile _5 1926 { Chile 85 1941 Copenhagen 5 Cuba 538w 1. Czechoslovaki B - e poancniatasane Denmark 8s Denmark 6; Dutch E 15%s. Dutch East I 6: Dutch East I 6s '62 Framerican 7%s. . Fiench Govt 8s. French Govt 74s. Halti6sctfs...... Holland-Amer 6s. Japanese 1st 4 %s. Japanese 2d 4148 Jergen U M Gs Lyons 6; Marreilles 6s. Mexico bs Mexico 4s Montevideo 78 Netherlands 6s. Norway 8s i Paris-Ly’ 3 -Me. Prague T%s awaSw© Queensland 6a. ... Rio de Jan 8s 1946. £ao Paulo.City.8s. Sao Paulo.State.3; ) waanSRot-aa 10515 115 76 114 103% 91 Ud Kingm 5% '29. 147 Ud Kingm 337 114 d Steam Copen 6s 2 Uruguay 8s. . 2 104 Zurich 8s. 2 111% MISCELLANEOUS. Ajax Rubber8s... 8 954 Am Agr Chem 73%s 10 100 Am Cotton Oil & 1 64 Am SmIt&R 1st6s. 5 91 mer Smelting 6s. 12 101 mn Sugar Ref 6s.. 5 102 nT&Tev6s.... 7 115 AmT&Tcltrds.. 26 975 AmT&Tcltrés.. 5 91% Anaconda cv db 7s 24 101% Anaconda 1st 6s... 23 97 Armour & Co4%s. 1 84% Atlantic Refin & 9 98 Barnsdallef8s... 14 974 Bell Tel Pa Ssrcts. 25 96% ! Beth Steel rf 5s... 96'e Beth Steel pm 5s.. | Beth Steel s f 6s. Brier H St 1st 5% Bklyn Edicon 7s D Bush T Bldg 55 '60. Central Leather 5s erro de Pasco 8s. “hile Copper 63 CinG&E 51 {Commonwth P | Cuban-Am Sug 8s. | Cuba Cane cv d 8s. {Dery (DG) 7s i Det Edison ref 11387% 1031 90'% 104 1% 99'3 61 90%% =t FeanSamBaaht { Dlamond Mth Du Puntde N 7is. Duguesne Light 63 E Cuba Sug 7% Empirs F&G 7143 Fisk Rubber S | Gen Elec teb 5s Goodrich §s... Goodyear 85 1931 i Goodyear 8s 1941 Humbhle OZR 5 ; Iins Beli Tel 1st 5s.11 Iindiana Steel 5s. Int Paper 1st 5s A i Int Paper 1st 53 B. | Kelly-Spring Lackawa 8 5s'50. Manati Sug sf T3 Mexican Petrol 8 i Midvale Steel 5s. Montana Power 53 Morris&Co 1st 4%s i New Eng Tel 58 NY Edsn 1st 6143 NYG EL H&P 4s. . INY Tel6s41..... NY Tel 6549 N Am Edison 6s N States Pow 58 | Northwst B Tel |Otis Steel T%s Pacific Gas & E1 PacT & T 6352 Phila Co ref 6s | Public Service { Punta Alegre Sharon Stl H 83 Sinclair Oil 7s. Sin Crude Ol 5% Sin Crude Oil 6s 1 Sin Pipe Line §s. South Bell Tel 5 So Por Rico Sug 7 St il of Calif Ts.. Steel & Tube is. .. Tenn Elec Pow 63. Toledo Edn 1st Unit Drug cv 8s US Rub 1strf 5. USSteelsf6s Utah Pow & Lt 5s. | va-Car Chem { Va-Car Chm 738 v West Union 6% Wilson & Co 1st 63 Wilson&C cv 7%s Wilson & Co cv 6: | JOURNALIST OF 1667. | A I Went to Work Armed Because of Footpads. From the Cleveland Plain Dealer. J. G. Muddiman has written the life of his ancestor, Henry Muddi- man, who founded the Londen Gazette in 1665, under the title of “The King's Journalist, 1659-1689." The book throws fascinating sidelights upon a period ot English history which has never yet been fully explored. and upon the real beginnings of English journalism. Muddiman’s “News Letters.” from 1667 to 1689, the manuscripts of which have been at Longleat. Wilt- shire, since 1704, have been carefully examined. Mr. Muddiman compares the life of a journalist of those far- off days with that of the present “A remarkable contrast,” he writes, “to a modern editor journeying to his aaily work was presented by the bewigged seventeenth century news writer. mounted on |-traveling to Whitehall or the ‘Seven Stars' in the Strand, armed with a sword and a brace of pistols in his Folster, because of the footpads at { Knightsbridge.' Should Be More Careful. From the Wall Street Journal. The newly elected president of a banking institution was belng intro- duced to the employees. He singled out one of the men in the cashier's cage, questioning him in detail about his work, etc. | "“I have been here forty years,” said the cashier's assistant, with conscious pride, “and in all that time I only made one slight mistake.” “Good.” replied the president. “Let me congratulate you. But hereafter be more careful.” e Every man thinks that he heins others a lot more than they help Bim. . @ Svnavionalielvon wn canenl-afcwaanabaunanwens ~Saed s | 3 0 w® 98-10 | H | Pennsyl gen 3s. RAILROADS. Sales. High. 87% 80% 81% 95% T 100% 824 94 92 92% 113% 112% 79 Atchison gen 4s. Atchison adj 4s Atlantic C L cl 4s B&Oprin3is. B & O gold 4 B& Oref 5s. B&OSW at Bklyn R T Canadfan Canad Nort, Canad Pac de Car Clinch & O 5 Car Clinch & O 6s. Central Pacific 4s. Ches & Ohio cv 53 Ches & Ocv 41y Chi & Alton 3s. Chi & Alton 314 ghm':im 111 gn 5 Puget S4 4s. Chi M&SEP cv s Chi M&SL P 4525 Chi M&ES P cv 4355, Chi M&St P 4534, CM&StPgn4us Chi&NWis, .. . Chi Rys bs ChiR1 & Pacr Chi Un Sta 6138 Chi& W Ind cn 4 CCC&StLrf 6s A Cleve Term 5343, .. Cuba RR 7%s. Cuba R R 5s. Den&Rio G con 4s. Det United 4%s Erie 1st con 4s. . ie con ext 7s. Erfe gen 4s. Erie conv A Erie conv 4s D. Gr Trunk st ab 6 Gr North gen 7 Gr North gen 513x. Havana ERL&P Hud & Man ref Gs. Hud & Man af 5 Int Rap Tran b3. Int R Transtt 7s. Int & G Nor aj 63 Towa Central rf 4s Kansas City S2s.. 1 Kansas City S bs. Kan Clty Term 43. Lake Shore 4328, Lake Shore 43 '31. Lehigh Valley 6 Long Island rf 4s. Louis & Nash 51%3. 1 Market St cn 5s MIlEIRy&L 5 M&StLrfexbs.. M&StLlstrfs.. MK&TprinisA MK&T6sC.. MK & Tadj5s. Mo Pacific 6: Mo Pacific 5865 Mo Pacific gn 4s. N Y Centgen 3 N Y Centdeb 68 N Y Centdeb 4s. N Y Centribs. NYCenLScl2%s. 11 New Haven c d 6s. Xew Haven 7s. ew Haven 7s fr Northern Pac 4s... Northn Pacr! 68 Northern Pac 5s. Northrn Pe 5s ret. Cre Short Liref 4s. Ore-Wash 1st rf 43 rennsyl gen 413 Pennsyl 6%s. . Pennsyl con 4%3s Pere Marq 1st 5s.. 1 Rapid Tran 6s w .. Rio G Westcl 4s.. RIArk & L 4s.. StL&SFpldsA. StL&SFprin3s. StL & SF inc 6s. StL& StLS StP & San A & Arn P 4s.. Seab’'d A Lref 4s Seab'd A L adj 5 Seab'd A L con 63.. Sou Pacific cv 4s. Sou Pacific ref 4s Southern Ry 1st Southern Ry gn 43 19 Southern Ry 6%s. 17 Third Ave adj 5s. Union Pac 1st 4s. Union Pac cv 4s. Union Pac cv 6s. Virginia Ry 1st 5. Western Md 4s Western Pacific 53 10 102 53% 9113 95% 104% 95% 61% 80 TOTAL SALES (Par Value): 11a.m.. 3383000 12noon. 6129000 & 80 From Yesterdas's 5:30 Edition of The FOUR CASES TO TEST DISTRICT SNOW LAW Mandatory Clearing of Sidewalks. The snow-removal law passed by the last Congress and held to be un- constitutional by many lawyers fs be tested in the Municipal Court next week. This law makes it man- datory that owners or occupants of all premises. improved or unim- proved. within the fire limits shall clean the snow or sleet from the pub- lic pavement in front of their places seven hours after the storm has ceased. tant Corporation Counsel Frank W. Madigan, who last winter refused to issue warrants for failure to clean pavements. Interpreting the law as unconstitutional. is preparing four cases which will be flled Tuesday in the Municipal Court. One will be a case of a private citizen one of a public building. like a theater, one corporation and another where the property is owned by a non-resident. The law provides where occupants or owners fail to clean their pave- ments that the District Commis- sioners shall do the work, taxing the cost against the property’ owner. In thousands of cases the past winter the pavements were not cleaned and this work was done by the-District street cleaning department .Origin of Vanity Fair? From the Kansas City Times. In Bunyan's “Pilgrim's Progress’ it is the name of a fair held in the town of Vanity. It was established almost 5,000 years ago by Beelzebub, Apoliyon and Legion, who perceived that all pilgrims on their journey {o the celestial city must needs pass ugh this town. The fair lasted e year round, and was devoted to the sale of “houses, lands, trades, places, honors, preferments, titles, horseback and | countries. kingdoms, lusts, pleasures delights of all sorts, as bawds, husbands, children, masters, servants, lives, blood, bodies, souls, Silver gold, pearls, preclous stones Snd what mot.” Christian and falth- ful on their way through Vanity Fair were denounced, arrested, beaten and finally placed in an iron cage. Faith- ful was burned at the stake, but Christian escaped and proceeded on ourney. B en T saw in my dream, that when they were got out of the wilder- ness, they presently saw a town be- fore them, and the name of that town is Vanity, and at the town there is a fair kept, called vanity fair, it is kept all the year long, it beareth the name of vanity fair, because thé town Where it is kept is lighter than and also because all that is there sold. or that cometh thither, is vanity, &s is the saying of the wise, “All that cometh is vanity! " "—Pil- grim's Progress. “Vanity Fair’ is the titie of Thackeray's famous novels. and of one FINANCIAL. 'Grain, Produce and {1508 €514 | cherries s414 | pound 61% | wheat underwent 1 i { | i ! | a9.00. H er 11.09%; to 1.09%. was foll Municipal Court to Hear Test of | | advance, July, Li_ve Stock WHOLESALE MARKET. Egg prices are considerably lower. Dealers report the market as being demoralized, sypplies being large and demands not so great. The butter market stiffened a trifle vesterday. Prices have not under- gome any material change, however, and dealers are unable to forecast the probable condition of the market the coming week Meat and poultry prices have not been materially affected this week, and there is a plentiful supply of fruits and vegetables of all kinds on hand. Eggs—Strictly dled, per dozen, 23; southern, 22. Live poultry—Roosters, per b, 13; turkeys, per 1 spring chickens, per Ib.. 40a50, eats, young, each, 50, fowls, per 1 Dressed poultry - spring chicke; ter chick fresh, selected, can- 25, average receipts, Fresh - killed 5080; win- hens. per ; turkeys, keats, youns, cach. ves, choice, per lb.. per 1b., 9a9l%; thin, peér » mbs, spring, per lb., 14; 1ive pigs, 3.00a5.00 each; live hogs, per 1b., T%. Green fruits medium, per bbl, 4.00 per crate, 7.00. Lemon 5.50. Grapefruit, Strawberries, per qt., 5als. per qt., 6a20, Vegetables—Potatoes. per bb 1.50a ck, 00a2. NO. 1. 4.00ab. potatoes, nearby, 1.00a crate, nearby, lettuce, per crate lettuce, ‘per crate, near 1.0022.00 per_crate, box, Florida, 2 P , B per crate, per barrel, Florida, Flor et per’ crate h, 1.50a2 00, 00 per b GRAIN AND PROVISIONS. BALTIMORE, Md.. June 1§ cial).—Potatoes, new, old., 100 pound 5al.50; pounds, 1.25a2.50. Asparagus, dozen a4.00. Beans, bushel. 1.5 0; ma beans, bushel, 4.00a4.50; beete. dred, 4.0028.000 cabbage. crat carrots. hundred, 4.00a6.00; 3.00; cucumbers. egpplants, crate . bushel, 40a50; lettuc oniors, 100 pounds, onions, hundred 1.25a2.75 radishes. hundred 1.60a peas, crate. 22.00; rhubarb, bushe squas 12; pound. 7 6a7; grapefruit, berries. qu 4.00a7.00; gonseberr box, 2. rt, 2 peache: 10a12; stra watermelons. rries, quart, 10; pint, Selling Prices at Close. red w red winter. spot. no quo- winte quotations. June r lots of No. ¥, spot, red winte —Cob, new. 475 per bbl; con- spot. 91% per bushel; 'No. 2 .9334; 'No. 4. no quotations; track 2 or better, 9612297 3a53 4 per bush a80 per bushel; xport. spot, . 3. no quotation. pts. 48 tons: ample re- ceipts for all trade wants, 18.00a’ ton Straw- 1 tang 00: No. 1 wheat, 1 nominal, 14.00a1 pe No. per 1 ve. 00 a 13.00; No. 1 TODAY'S CHICAGO PRICES. CHICAGO. 1ll.. June 16.—Although moderate down- turn in prices today at the outset, a rally soon took place. The initial weakness was ascribed largel lling on account of views expressed by Sccretary Wallace that low prices cre due to overproduction. How ever, crop damage reports from Mis- souri and other places that have heretofore been sending good reports led quickly to an upturn in values. The opening, which varied from un- changed flgures to 3% lower, with July "1.118 to' 1.11% ‘and_September wed by further decl and ‘then_ by an advance to above vesterday’s finish. Active buying on the part of com- mission houses gave strength to corn. After opening at 3 decline to % 8215 1o 824, the corn market ‘scored a substantial general advance. Oats were firmer with corn. open- ing at about % gain, July, 41%. The market underwent a slight sag, but then all deliveries showed gains. Higher tations on hogs steadied the provision market. WHEAT— Open ST KT Y 11z a1y September December LARD Juiy September RIBS— 252 B FPE 11.30 1150 0.3% pa4z FXC b = 0 ptember 967 CHICAGO LIVE STOCK MARKET. CHICAGO, June 16 (United States Department of Agriculture)—Cattle— Receipts, 500 head; compared week ago beef Steer: carlings and de- able beef heifers, 25 to 50 cents higher: vearlings and beef heifers, up moest! strietl. choice h steers, strong to 15 cents highe extreme top. 1.087-pound vearlings. 11.25; best 1,530-pound heavles, 11.20; beef cows and canners and cutters, cents up: bulls, steady; veal calves. largely $1 higher; stockers and feeders active. 35 to 50 cents higher: spots up considerably more. Week's bulk prices follow: Beefl steers and vearlings, 9.00a10.50; stockers and feeders. 6.50a] beef cows and heifers. 6.00a8.50; canners and cutters, 2.85a4.00; veal calves, 9.00a10.25. Sheep—TReceipts, 6.000 head; today’s receipts mostly direct; market for week: Around half receipts direct to packers; spring lambs mostly 75 to 1.00 higher; fed lambs and sheep strong to unevenly higher; bulk offer- ings native springs; t best kind, 15.76a16.25 11.00; bulk fed lambs best, 14.75; few choice 13.00; bulk lizht and handyweight ewes, 5.25a6.25; few to breeders, 6.00a 6.50; heavies, mostly 3.00a3 culls, 1/5048.50; canners. $1.00 down. ‘Hogs—Receipts, 4,000 head; good to cholce butchers, mostly 10 cents higher; spots up more; other classes steady to strong; close to weak; top, 7.30; bulk, 180 to 300-pound average. 7.10a7.30; packing sows, dull, 15 to 25 lower: bulk, 5.85a6.15; desirable pigs mostly 5.50a6.25; estimated holdover, 3,500 head: heavyweight hogs, 6.80a 7120; medium, 6.95a7.30; light. 6.85a 2 light light. 6.50a7.15; packing sows, smooth, 5.90a6.50: packing sows. Tough, 5.75a8.00; killings pigs, 5. 6.50. SEAT SELLS FOR $91,000. \EW YORK, June 16.—The New Yohrs‘:'(o}:k Exchange membership of Charles_G. Miller has been sold to James dan for $91.000. Last previous ‘sale was for $34,000. 94 {the In rlicks: | Central, which Wheat { he government i FLESPETTON N BANKRUPTEY Stock Exchange Security Corporation Puts Assets at $1,956—Notes. The Stock Exchange Security Cor- poration. with offices in the Bond building, today filed a petition in vol- untary bankruptcy. The company iists its debts at $2.595.47 and cstimates its assets at $1,956.64. Attorney James ¥. Splain represents the company ank Employes Insured. The Farmers' Loan and Trust Com- pany of New York announced yester day that it has insured its emplo under a group insurance plan of Metropolitan ~ Life Insurance pany. The trust company the entire cost of the insurance, Euarantees to dependent an amount equal to There annuities £mployes who are incapacitate “The plan now adopted is an expre slon of appreciation of the service the men and women in all ranks is institution.” said James H. I'es s, president of the compan Businens Still Cautious. encral business conditions - tinue to show irregularities. accor {ing to the weekly trade reviews m public vesterday. In some areas r. tail business has been retarded on » count of the weather. Bradstreet's says: “The still spotty, with the t although a’ big busin. 1 old @ situati d cau s i8 evid count. Wea estric esale buyving In m form. wh. continued at a ing into piled-up orders. Seeks Big Stock Issue. New York Cer asked the Interst sion authori 060 new co for possible retirement of nt gold deb. o have a ps The 5 provid in the 6 to issu ral at prese stock issues aggrega 7,730 and is authorized to issue 3400 toc enture honde agreement « e these for cor d_at a i5 per s 1 hate in raised | extended Air Line Com: to it, the Seabo y proposcd today imerce Commiss 00 in 4 per ce of $3,000, 4 {refunding zold mortgage bonds of e : pineapple. crate. 3.00|,¢ s subsid ida Central dition v compani v that road When t board 146,500 in new equipment issues are completed tr r Line will acquire $5 rities of the Florida it_will pledge wit The balance of the issues not covered by the a atin are already held in the treasu rai From Yesterday's 5:30 Edition of The Star. ONE-WAY STREETS WILL BE STUDIED Subcommittee of Commissioners’ Traffic Body to Make Rec- ommendations. Whether one-way streets should & retained as at present, extended or eliminated entirely will be thorough- 1y studied by a subcommittee of tha Commissioners’ traffic committee, it was announced yesterday afternoon The same subcommittee, which was named at a meeting of the full c mittee yesterday, will make recomme dations as to what changes, if am should be made in the parking rules for the downtown section. The first thing the committee did when it met vesterday after severa weeks of inac Y was to elect As sistant Corporation Counsel Ringgol Hart chairman. W. Graham Cole executive agent for the Washingtor_ Safety Council, was selected to suc- ceed Mr. Hart as secretary. The po- sition of chairman has been vacant since William I. Eno, g known traffic expert, re months ago. The meeting yesterday was called »* the suggestion of Commissioner Oyste! to take up the two questions—one Wi streets and parking. It was d ded. however, to have a subcom mittee make the study and report 1~ the full group The subcommittee will be composai of Capt. R. G Klotz. traffic enginecr of the Public Utilities Commissi. M. O. ridge of the American Au- tomobile Association: Ingpector Al bert J. Headley, chief of the traffi~ bureau. and Mr. Cole of the safe council. nation igned several —_— 30 CASES BEER SEIZED. Thirty cases of beverage, the police to be the product of Maryland brewery, were seized b police of the fourth precinct vesterda: when they $taged a raid in the rear o 218 43 street southwest. Capt. Sheetz, in command of precinet, accompanied by Sergt and Precinct Detectives Nally O'Donnell, seized the thirty cases an« arrested James J. Kaplan, giving b address as 439 Tth street southwes Kaplan and the beer were taken the police station, where a charge ! illegal possession was preferred said t From Yesterday's 5:30 Edition of The Star. Flag Conference Finds Improper UseonOwnStage The conference on the correct use of the flag. making a#mistake in such usage in the morning ses- sion at Memorial Continental Hall, yesterday afternoon proceeded (o correct its own error before telling the country at large how to use the flag. Following the address by The- odore Roosevelt, assistant secre tary_of the Navy, it was pointed out from the floor that an Ameri- can flag on a staff in the rear of the stage was stan g to the speaker's left, when correct usage calls for it to be to the speaker's right. i: Yesterday afternoon, when Com- missioner Tigert of the bureau of ed- ucation arose to speak. he found well to his right hand a beautiful silk American flag on a staff laced In a special stand at the Pront of the stage. 3 o o