Evening Star Newspaper, June 22, 1923, Page 28

e e T e e e e kg 3 - L3 FINANCIAL. - 28 "NEW YORK STOCK EXCHANGE CLOSING S STRONG || NEW_YORK STOCK EXCHAT IN STOCK MARKET | Adv Rumley.... Ajax Rubber. Allled Chem Allled Chem pt.. 10‘ Allis Chalmers.. 40% Allis Chalm pf., 92 Open. High. 624 11% Low, Closs, Open. T:igh. 74 % 90% 20 26% Manati Sugar. 0 Manhat El Sup. . Man Elev scrip. Manhat Shirt. .. Market St Ry. .. Market 8t prior. Marlazd Oil.. Martin-Parry Mathison Alkili. Further Buying by Bankers and Others Causes Sharp Rally Throughout Day. 4% Am Beot Sugar.. BY STUART P. WEST. Bpecial Dispatch to The Star. NEW YORK, June 22.—Wall street, in trying to guage today the imme- diate future of the stock market, was influenced more by inside than by outside conditions, It was admiitted that the danger of more fallures had probably passed. Tt was also granted that the decline had gone further than anything in the outside business sitnation war- ranted. But the professionals were talking about the absence of the in- vesting public and they were also laying stress upon the probable re- sale of stocks bought by banking in- terests during the panicky hours of IWednesday afternoon and at the start Thursday morning. On these grounds they were not expecting the recov- ery to continue very far at the mo- ment, no matter what the market might do later in the summer by way of anti ing the course of the au- tumn trad Selling After Early ins. Acting on their theory, the trading element was inclined to sell after a further recovery this morning which lasted through the first hour in the carly afternoon, the market had a moderate downward turn which car- ried prices back to where the had left off last night without, however, involving any fresh weakness. Copper shares did about the best of any during the period while the mar- rallying. There had been no u in trade conditions for the ex- treme gvenkness in this class of stocks on Wednesd: The selling was thougkt to come from one of the failed hou: and this being over, the coppers were in a good position to rally. Tire Stocks Unchanged. Announcement by the Goodyear company of its intention to publish in its revised schedule of tire no surprise—and had no effect upon the tire stocks, which Were dull and little changed. Among the rails New York Central and Atchison at one time were up over a point and Union Pacific 3 points, while Southern railway among the low-pr n-dividend pavers a good account of AmH & Lea pt.. Am Internatl Am Llnlnefl pf . Am Locomo. ... 1 Am Loco (new). Am Metals. ... Am Sate Rasor.. Am Ship&Com. . Am Smelting. Am Steel Fdy. .. Am Sugar. Am Sugi Am Sumi ] Am Tel & Telg.. Am Tobacco. - Am Tobac (B).. 1 Am Tob pt (n).. Am Water Wks. Am WWké% pt. Am Woolen. Am Woolen of. Am Wool pf £ pd. Am Zinc&Lead. . Anaconda. Arnold Co. Art Met l"nnstn. Minna StL (n). MoK & T.(new). MKA&T pf clA (n) Mo Paefflc. . Nash Motors pt. Natl Acme. Nat Biscuit. Natl Cloak & S. . Nat Cloak&Spf. Natl Enamel. ... Nat] Lead. Natl Ry of M la V‘YAirBrk(A) NTNHA&Hartra. NY O& Western. Norfolk South. . Nort & West.... North Amer..., North Ampt.... North Pacific... Ohlo Bdy & Blw. Oklahom Prod. Onyx Hoslery pt Ontario Sitver. . Orpheum Cir. 106% 106% 20 20% 434 434 . 0% Ti% Auto Knitter... 5% T-lawin Loco. ... Baldwin Loc pf. Balto & Ohlo. ... Halto&Ohlo nf. Rarnesdall (A). Barnesdall (B). Bayuk Bros pf.. Beechnut Pack. Reth Steel. . Both Stl m(n).. BROKATOM icts 1 Packard Mot of. Pan-Am Pete. .. Pan-Am P (B).. Panhandle. Parrish & Penn Seabd Stl.. Pennaylvania. People’s Gas. Pere Marquette. Pere Marq pf. Philadeiphia Co. Philadel Co pf.. | Bklyn Rap Tra. | BKlyn R T ctfs.. BRT warrants. Brown Shoe. ... | Burns Bros (A). { Burns Bros (B). Burns Bros pf.. Butte Copper. .. Butte & Super.. Butterick CaddoON.... Calif Petrol. . Callahan Zine.. Calumet&Ariz. . Canad’'n Pac.... Case Plow Wks. with the preceding stock market today was un- The main thing was that, with fears of further stock ex- change failures dissipated, there was 1o longer any formidable selling pre: The professional theory pr having had their first arp rebound upward, were due to . but no efforts were v very far. noon movement was uncer- th some of the industrials off t or so from the highs of the morning. SHORTS TAKE TO COVER. Postum Cereal.. Pressed Stl Ci Produc & R Pub Serv (new). Pub Serv pf (n). Pullman Co. Punta Alegre. PureOll. .. Pure Oil 8% pf.. Rallway Stl Sp. Rap Tr Sec w. Ray Con Cop Reading. Reading 1st pt. Remington..... Replogle Steel... Rep Ir & Steel.. Rep Ir & Stl pf.. Reynolds Spr. .. Rey Tobac (B). Royal Dutch. St L&San Sran.. St L&San Sr pf. St L Southwn... St L South pf... San Cecil Su, Schulte Store: Seaboard Alr E. Seab'd ALDf... Seneca Copper.. Shell Union. Simmons. Stmms Petrol { Cent RR of NJ. b Mills Cer o de Pasco. Chandler Mot. ... Chesap & Ohto. . Ches & O pf wi. . Chi & Alton {ChM&EIDL... Chi Great W pf. Chi Mil & St P. Chi MII&StP pt.. Chi & Northwn.. Chi Pneu Tool.. ChiR1& Pac... Chi R1 &P6%pf. Chile Copper. 101% 102% 117% 117% 56 56% 17% 19% 92% 927 107 13 Studebaker and Baldwin Lead Last Hour Advance. By the Associated Press YORK, June —Continua- rong buying by banking in- 1 brought about tion of terests sharp ral Short vanee i The closing was strong. Prices again forced upward in the final hour, with Studebaker, Baldwin and the olls setting the pace. RAW SUGAR FIRMER. Futures Also Reflect Advance in | Cons Cigar pf Con Gas new. Spot Market. YORK Columb’a Grap.. Col Graph pf. NEW June 22 rket higher, Cont Can pf Wi Eubag Continental Mo. ‘freight. equal | COFR Products. . There were |Corn Prod pf. 78 1o New Orleans. | Cosden & Co. futures market w ting the advance in the nd the continued warm is expected to in- sumption of refined. | were 12 to 14 points buying interests and commission Seuthern Ry Br.. Spicer Mfg Co... Cuban Dom pf.. Cuyamel Fruit.. Davidson Chem. Stand Oil of NJ... St Oil of NJ pf. Steel&Tube pf. .. Stew't-Warner. Stromb'g Carb Studebaker. Submar'e Boat. Superfor Oil Superior Steel. . Tenn Copper.... TexasCompany. Tex Gulf Sulph.. Texas & Pacific. Tex & P C & Oil. ‘Timken Bearing Tobacco I’rod. ... Tobacco Prod A. Tobacco Pro pf. BAR SILVER QUOTATIONS. LONDON, - June 22.—Bar _silver 31%2d per ounce, 11 per cent. Discount rate 2ihaz 3-18 , 23-1 Fore!gn bar Mexican dollars 491, Detrolt Edison. Dome Mines. ... W YORK. June 22— » 64% Elec Stor Bat... Endicott-John.. TODAYS METAL MARKET. YORK, June 21.— Copper J(\lrol\ tic, spot and futures, ¥ spot and nearby, futures, 40.00. Iron | unchanged. Lead nd ‘nearby deliver; Antimon 6.7 " Erle 20 p: Exchange Famous Play... Famous Play pt Fed Mines & S.. Fd Mines&S pf.. wisher Body. . Fisher B of O Dl. 5% 6 % 1% 1 1 Twin C F. Tran. Underwood rts. . Union Bug & P. uis, spot | ©.8525.90. LEAF TOBACCO. BALTIMORE, June leaf tobacco—Receipts th 481 hogsheads, hogsheads. halt pf.. 68 Prices were higher on practically | GO Btsctric. .. 1 all grades. Since January 1 receiDts | Gen Motors. this year were only 3,471 hogsheads, | Gen Mot 6% or about 10 per cent of the crop, which is a much smaller perce: than usual. el aryland prices per 100 pounds—In- ferior and frosted, 4.00a4.50; sound common, 5.00a8.00; good xammon. 8.00 al18.00; mmllum. 1s. 0a28.00; good to fine red, 28.00a42.0 fancy, 43.00; sec- onds, common to medium, 400!12 00; #econds, good to fine, 13.00a25.00; up- per country, air-cured, nominal; ground deav tS‘ ne 3.00a23.00. N. —Unsound and badly mixed rom 1 to 3 cents lower. DIVIDENDS. Par- abie. Jor-3 Avg. % July 2 Foundation Co Freeport Texas.. Gen Am Tk Car. | Gen Asphalt. Maryland week were against sales of 544 Untted Ry Tav... Utd Ry Inv pf. .. Goody pr pf wi.. Granby Consol.. Gray & Davis... Gt Northern pf. Great Nor Ore. Gregne-Canan. . Gult St Steel.... Harbishaw Cab. Hayes Wheel... { Houston Oi1. Hudson Motors. Vanadium Cop.. Va-Car Chem... Va-C Chem pf... Vivadou. . Wabash. Wabash pf (A) ‘Waldorf (new).. EXp. p.ukages Stock of d. Tune 16 Ind Oil & Gas... June 22 | 1nland Steel w 1. Jime 5 Inland Stl pt W 1. 2 June 30 { Int Mer Marin June 30 | 1at M Marine pf. June 30 | [nt Nick . intl aper I Intl Paper (sta). 1nt Shoe. June 21} 1n¢ Shoe pt. ... - int Tel & Teleg. Invincible Oil Inv Oil (ctfs). Iron Products. Iron Prod ctfs. Imatd Wright Aero. Lot & Tayios 3t M 10 . Hig il CallMoney..... & & HOURLY SALES OF STOCKS. 1lam.....196700 12m 1pm. 401700 2pm.. o000 TREASURY CERTIFICATES, » " June 30 June 30 June 30 | Kennecott. :.x, 2 | Keystone Tire.. June 23 Juy.i7 | Kinney GR. 5 h.lt h&vRI::IN!. Leh! alley. . Tine 33 ey Pl .an: 24 l’.o-'- Inc . 24 Inc. lept 2 Bept. way Gas pf. Northern Pacific.. ccooccct: i'g,' 52 %4 | Western Uni ‘Westinghouse _(Quotations furnished by Bedimond & Ce.) . 100k, —— NG STAR, WASHINGTON, | DOMESTIC BONDS SHOW ADVANCES Evidences of Investment Buying Noted—Foreign -Issues Irregular. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, June 22.—The bond market was firm and higher today at least’ as far domestic securities were concerned. More important still, therd were ovidences of Investment buying, not in large volume, perhaps, but still very encouraging. For a long time now seasoned bonds have been moving back and forth from one dealer to another. New offerings have been reasonably well placed, but real Investors could not be interested in old-line securities. One influence which seems to have brought about a change of attitude is the recent decline in the stock mar- ket. There is now a turning toward the greater security of lower return of seasoned bonds. The improvement extended through- out the lists. United States govern- mnt bonds were firm around last night's closing. Such high-grade issues as Central Pacific first 4s, Pennsylvania general fund 68 were well bought. There was very heavy trading in New York Cen- tral 6s. Because of the conversion privilege the bonds will keep pace with the stock and, meanwhile, con- sidered simply as an investment, it is selling on a 5% per cent basis. Thus it combines speculative and in- vestment attraction: Erfe bonds all sold higher, with the greatest advance in the general 4s. Here again the speculator who faith in Erle finds the bonds just convenient for his purpose as the ock with the additional advantaze of greater safety and a vield which more than pays carrying charges. New Haven 6s also rallied, which was not surprising in view: of the fact that yesterday's low was within a fraction of the record for the vear. Forelgn bonds were more frregular. The strong issues were Mexican 4s and 6s.- Both had a substantial ad- vance. The new Austrian loan went fractionally higher. The French cities issues dld a little better. Bolivia 8s were heavy around yesterday's low. Market Flashes at Today’s Close Wage Increases of 2 cents an hour, which will mean $344,000 annually, have been granted to 7,500 mechanics, helpers and apprentices and power plant employes of the malntenance and equipment department of the Rock Island road. New York bank clearings, $719,000,- 000. New York bank balances. $7 000,000. New York Federal Reserv Bank credits, $68,000 -dividends : Allis Chalmers preferred, American Brake Shoe com- mon, Hudson Motor, Independent Pneumatic Tool. American Surety, Computing Tabulating and Record- ing, Mohawk Valley, National Licor- ice preferred, New York State Rall- ways preferred and common, Pan Handle Producing and Refining pre- ;errerl and Spicer Manufacturing pre- erred The Corn Products Refining Com- pany today declared an extra dividend of $1.50 on common stock, in addition to the regular quarterly dividends of $1.50 on common and $1.75 on pre- ferred. People who are bullish on White Motors base their confidence on_the | financial plans of the company. They anticipate that White will have wiped out its loans before the end of 1923, and in addition, will increase the dividend above the present $4. Earn- ings are reported to be running at the rate of $12 a year. Ford Motor Company for week end- ed June 19 turned out 40,375 cars and trucks, twenty-nine more than the high record of the preceding week. Daily production passed the 6,800 mark June 13, when assembly plants of the company turned out a total of 6,817 cars and trucks, beating by thirty-six the record of 6,781 set up the day before. New York Air Brake Company has declared a dividend of $1 a share on its common stock, payable August 1 to stock of record July 9. This is the first dividend declared on Air Brake common since the reclassification of its caplital stock last September, when 100,000 shares of $100 par were ex- changed for 200,000 shares of no par and a new issue of 100,000 shares of preference stock created. increase from the present annua] rate of $6 a share on the common stock ot Atchison Topeka and Santa Fe at June 26 meeting of board, were denied today by President W. B. Storey. Goodyear Tire and Rubber Company has made a reduction to meet competi- tive prices retroactive to June 11. Rumors of an Cars loaded on Pennsylvania system in week ended June 16, totaled 179,164 against 177,084 previous week, and 140913 in corresponding week, 1922. From January 1 total 3,875,812 cars loaded against 3,103,624 in correspond- ing period 1922. International Shoe has sold its en- tire stock interests in W. P. McEIl- wane Co. to Bennett, Ltd., a Canadian corporation. ————i SHORT-TERM SECURITIES. (Quotations furnished by Redn.ond & Co.) Aluminum Co. of Amer. 3 Aluminum Co of Amer. 7s 1938. American Cotton Oil ‘1’3«1 e [ American Tel, & Tcl o 1628 Anaconda _Corper 6 1979, ion 1 100! B8 M e 081 10750 EX-DIVIDEND TABLE. £ Ct General Cigar_deb. Tntevaations] Harvester, 4 International Laclede Gas Lll;t.. ext. s EELH] HHsEpERee, a2a3a82Ek ottea Aoy, et ‘Washington Water x‘t‘-’- ph a. 4%s and United States Steel sinking | D. C, FRIDAY, JUNE 22, 1923. ON NEW YORK BONDS STOCK EXCHAN GEl Recel ved by Private Wire Direct to The Star Office. (Sales are in $1,000.) UNITED .TAT.' BONDS. (rr-euon. Tepresent _thirty - seconds. 101 l means 101 l—l’) High. Low. Close. 100-27 100-28 '333% 98-10 98-13 98-14 98-9 98-14 n-zl 18 9820 leuh 4%s.. 970 98- 12 98-16 84181952, 113 DMO 99-28 99-30 O e Hn. Low. Closs. 101% 101% 90% 91% 101% 101% 96! 97 Lib :u- oy Lib 1sf leuu‘ 3d4ys Chinese Gov Ry Christiania 8s Copenhagen 5 %: Cuba W Czechoslovakia 3: Denmark 8 Denmark 6s. Dutch E I 5% Dutch East I 6s'47 Dutch East I 68 '63 Framerican 7% Fiench Govt 8. French Govt 7%a. Haitl 6s ctfs. . ! Holland-Amer 6s. Japanese 2d 4% Netherlands 6: Norwa: Orient Dev deb | Puris-Ly's-Med Prague 7%s...... Queensland 7s.... Queensland 6s Rio de Jan 88 1947. | Rio Gr Do Sul 8; Sao Paulo.State, Seine, Lept of, 7t Serbs Crot Soissons Sweden 6s Swiss Confed Tokio 5s. .. . Ua Kingm 6% '29. 55 Ud Kingm 5%s°37 15 103% 103} Uruguay 8s....... 1 103% 103% MISCELLANEOUS. Ajax Rubber 8s... 1 941 9 Am AgrChem T%s 6 99% AmChainsf 6s'33 23 944 Am SmIt&R 18t 5 90% Amer Smelting 6s. —anflo?s;w.blfinm 113% AmT & Tcl tr bs, AmT& Tcltrds Anaconda cv db 78105 Anaconda 1st 6s Brier HSt 18t 53%3 Bklyn Edison 7s D Bklyn Ed gen bs. . Central Leather 53 Cerro de Pasco $s. Chile Copper 6s. ... CinG & E5%s'62. Commonwth P 6s. Con Coal Md 1st 53 Consum Pow 58 '52 Cuba Canecvd whRmone Diamond Mth 713 Du Puntde N 7 Dugquesne Light 6; E Cuba Sug 7%s. i Empirs F&G T%8, Fisk Hubber $: Gen Elec 1eb Goodrich 6 Goodyear 8s 1931 Goodyear 8s 1941 Humble O&R 5%s. liins Bell Tel 1st 5s.1. { Indiana Steel 58 Inc Mer Marine 4 Int Paper 1st 5s A, 18 Int Paper 1st6s B. 11 KCP&Lt5s A'52 22 Keliy-Spring 8 Lackawa S 53 Liggett&Myers i Lorillard (P) bs. Lorillard (P) 7s. Magma Cop cv 7s. Manati Sug sf 7l%s i Marland Oi1 7% | Marland Ofl 8s '31. | Mexjcan Petrol 8 Midvale Steel b Montana Power 5 Morris&Co 1st 4 New Eng Tel &3, 6 B w0 1Y B o TneBma SonsommemNa T S ~o S N e O R Otis Steel 8s. Pacific Gas & El 58 PacT & T bs'62... Phila Co ref 6s Beo South Bell Tel &: ‘St O1l of Calit 7i Steel & Tube 7: Tenn Elec Pow Tide Wat Oll 6% ‘Tobacco Prod sf Toledo Edn 1st 7 Union Bag & P Unit Dru, U S Rub 1strf bs.. us B\Ibbdr 7% Vertlenite: sunr s 5 Va-Car Chem 7: 9 Va-Car Chm 7%s v l! Warner Sugar 7s.. 1 1 Wilson & Co 1st 6 Wilson&C cv 7% ‘Wilson & Co cv 6, _ FOREIGN EXCHANGE. June 22, 1928. (Quotations furnished by W. B. Hibbs & Co.) Nominal = Selling checks gold valu 4.8065 lated Press, NEW YORK, June 32.—Foreign ex- changes irregular. Quotations_ (in United States dollara). ~Great Brit- atn, demand, 4.617-1 4615 sixty-day bills on banke 450 France, demand, .0619%; cables. .0620. Italy, demand, .0451; cables, 0451 Belgium, demand, ~ .0527; 0527%. ~Germany, demand, J)Mloo‘l* cables, .000007%. ' Holiand, demand, .3917; cables, .3920. Norway, demand; [1657; Sweden, dema 4 mark, demand, .1790 eitheriand, do- mand, .1795%; Spain, demand, .1484; 0325; Poland, dema demand, $87; Bra- By the nd, | fallen to the lot of Mrs. Emd RAILROADS. Atchison gen 4 Atchison adj Atlantic CL cl 4 B & o .»ola 4. Ches & O cv 4348, Chi & Alton 3s.... Ch1 & Alton 3%s.. Chi & EIll gn Chi Great West C M & Puget Sd Chi M&S P rf 414s. Chi M&St P cv 6 Chi R1& Pacrf 4s Chi Un Sta 43 Chl & W Ind cn 4s. Chi & W Ind 7% CCC&StLrfésA.. Cleve Term 6%s. .. Colo & Sou 4%s. .. CubaRR6s Del & Hd 1st rt Del & Hudson 5% Den&Rio G con D&RG1strt Det United 4%s. Erle 1st con 4s Frie gen 4s. FErfe conv 4s A . Erfe conv 4s D Gr Trunk sf db 6s. Grand Trunk 7s Gr North gen 78 Hud & Man ref 6s. Hud & Man aj 5 111 Cent ref 585 111 Central 6% Int Rap Tran 6s Int Rap Tr 5s stpd. Int R Transit Int & Gi Nor aj 6s.. Int & Gt N 1st 6s. Kan City Ft S4s.. 13 Kansas City 8 3. Kansas City S 6: Kan City Term 4s. l9 Lake Shore 45 Lehigh Valley 6: TLouls & N uni 4s Louis & Nash 5 Louls & Nash s Manhat Ry cn 4 Mo Pacific 5565 Mo Pacific gn 4s. Montrl Tm 1st 5 New Or Term 4s Norfolk & W cn Norfolk & W cv 6s Northern Pac Is. Northern Pac bs. . Northrn Pc 6s ret. Ore & Calif 1st 5s. Ore-Wash 1st rf 43 Pennsyl gen 5t 1 Pennsyl gen 4%4s.. Pennsyl 6%s Pennsy! gold Pennsyl con 4% Pere Marq 1st 5s.. Rapid Tran 6s wi.. Reading gen 4s... 1 Rio G Westcl ds... StLIM&S4s°29. StL&SFplisA | Sou Pactfic clt 4 Southern Ry 18 Southern Ry gn 43 Southern Ry 6%s. Third Ave adj 5s.. Union Pac 1st 4s. Union Pac 1strt 4 ‘Wabash 1st bs. Western Paclfic 53 Wheel & LE cn 4s. TOTAL SALES (Par Value) 11am.. 2960000 12noon. 6121000; ‘WEEKLY COTTON REPORT. LIVERPOOL, June 22.—Weekly cot- ton statistics: Total forwarded to mills, 43,000 bales; 24.000 American. Stock, 498,000; 205,000 American. Im- ports, 15,000; 2,000 American. Exports, 4,000; 3,000 American. COPPER GOES LOWER. NEW YORK, June 22.—Copper— Easler; electrolytic, spot and futures, 15. Tin, firm; spot and nearby,.40.50; futures, 40.00a40.12. Iron, steady; prices, unchanged. Lead, easy; 7.00. Zinc, steady: East St. spot and nearby delivery, 5.82a5.85. Antimony, spot, 6.80a6.90. TR e NEW YORK EGG PRICES. NEW YORK, June 22—Eggs—Ir- regular; receipts, 22,510 cases: fresh- gathered extra firsts, 24%a25%; do., firsts, 22%a23%; do., seconds, 2122} Pacific coast white extras, 36%a37. GARRISON DEFEATED BY WAHABI WARRIORS Troops at Kariatilmilh, Palestine, Reported Annihilated in At- tack by Force of 9,000. By the Associated Press. JERUSALEM, June 22—It is re- ported that 0 Wahabi warriors have attacked and annihilated the garrison at Karlatilmilh. Dispatches received here say the Transjordanian government request- ed the Beni-Sacher tribe to attack 3 the Wahabis, but that the tribesmen | refused to act unless the government forces co-operated with them. WILL AID CEREMONY. Midshipmen on Practice Cruise to|December Attend Gibraltar Memorial. The midshipman practice squadron, now en route to European ports on the regular summer cruise, has bees ordered to touch at Gibraltar for the purpose of participating in cere- monies incident to the unvelling there of a tablet to the memory: of the destroyer Chn\lneey. lost in a collision Novembe: 1917. The tablet was purch: ed trom contribu- tions by officers and men attached to the destroyer flotilla which was sent to_the far east last summer. The Chauncey was rammed by the steamer - Rose, three officers and eighteen men being lost. N The distinction of being the only 2] ank president in inois s Taflen Fiora MoCor- ndu mick of len, that-posi 1] FINANCIAL, | Grain, Produce and Live Stock WHOLESALE MARKET. Hot weather has increased the de- mand for fruits and some vegetables. Vegetables for boiling, such as cab- bage, spinach and kale are not much | in demand, but there is a big demand for peas, tomatoes and other small vegetables. Peas are exceptionally scarce and in demand. This morning’s price, $12 a barrel, was about twice the normal price at this season. The Crystal Spring section of Mississippi is fur- nishing most of the tomatoes, while small shipments have been recelved from the Carolinas. Potatoes of large size and excellent quality are coming from Carolinas and Georgia, while a few small ones have been received from Norfolk. The season for fresh asparagus is fast drawing to a close and good aspara- fresh, selected, can- N 25: average recelpts, dled, per dozen, 23 southern, 22, Live poullry—Roostrrs, per 1b., 12a 13; turkeys, per lb., 25; spring <ick- ens, per 1b., 45a55; keats, young, cach, 40; fowls, per Ib., 23, Dressed poultry — Fresh - killed spring _chickens, per Ib.. 50a80; win- ter chickens. per Ib.. 35: hens, per Ib., 28; roosters, per ib., 20.; turkeys, per b 3840;" keats, " youns, each, 70a80. J Live stock—Calves, cholce, per 1b., 10; medium, per Ib., 9a9%; thin, per I 6a7. Lambs, uprlng pfir 1b., 14; 1ive pigs, 3.0025.00 each: iive hogs, per b., 8. Green fruits—Apples, per bbl., 4.0 49,00, California oranges. per crate, 5.0026.50; Florida, 5.50a7.00. Lemons, per box, 5.50a6.50. Grapefruit, 4.00a 5.00. Strawberries, per qt., 5al5. Black- berries, per qt., 6a20. Peaches, 4.00a4.50. Cantaloupes, Standar 00a4.50; pony, 3.00a3.50; fats, 1.50a1.75. Z Vegetables—Potatoes, per bbl, No. 1, 1.50a2.00; per sack, 2.00a2.75; potatoes, per bbl., No. 1, 4.00a5.5 2, 1.00a2.50; sweet potatoes, Carolina, 2.50a3.00; nearby, 1.00a3.C0. Lettuce,” ‘per crate, nearby, 150; Romaine lettuce, per crate 150, Cabbage. nearby, 1.00a200 per bbl. ‘Eggplant, per crate, 2.00a3.50. Tomatoes, per box, Florida, 004600 Beans, 1.50a2.80 per basket. P 3.00 per basket. Peppers, per crate, Florida, 250a5.00. Kale, 'per barr 50a1.00. ‘Spinach, per barrel, 1. 350 Cceteny, per crate, Fiorida, Zo0a 6.00. h, 1.50a3.00. ~Florida lima bean Aspara- gus, .0024.0G GRAIN AND PROVISIONS. BALTIMORE, Md., June 22 clal).—Potatoes, new. 5.00; old, 100 uoun(lm pounds, 1.00a2. 1.5023.50; beal 100, 4 00a7. 00; cabb: carrots, llll' 4.00a6.00; 50a3.00 cucumbers, egg_plants. crate. bushel, 1.50aZ. 50a60; onion: 24: spring onions, 100, rhubarb, 100, 3. 0024.00 bushel, 50a1.00; squash, 1.00; tomatoes, crate, blackberries, quart, cantaloupes, crate, 40a4.00; pound, 6al8: grapefruit, 00; ' gooseberries, pound, ckleberries, quart, 25430; “o0x, 4.00a7.00; peaches, crate, 3.0: pineapples, crate, 3.00a4.00; rasuberries, pint, 10al8; strawber: ries, quart, 10a17; watermelons, each, 20a30. Selling Prices at 12:15. Wheat—No. 1 red winter, spot, No. 2 red winter, spot, . 3 red winter. spot, no quotations: No. 2 red winter, gar- licky, no quotation; No. 3 red win- ter, garlick: spot. no quo!fltlonsl ho quotations. one. new, 4.75 per barrel: spot, 93% per bushel; No. 2 o. 4, no quotations: track No. 2 or better, 1.01 per 521 per per bushel. 2, western export, spot, ne_quotations. Hay—Receipts, 52 tons; for better description of ‘timothy "and_light- mixed hay there is a steady demand! right along at a range of 19 to 20 per ton. The percentage of good hay on daily receipts is not large. Me- dium and low grades are in full supply at regular prices. Straw—No. 1 tansled 16.00; No. 12 oat, 14.00a15.00. TODAY'S CHICAGO PRICES. 1 wheat, nominal, port demand, together with less fa- | vorable crop reports from Europe, had | § a bullish influence on the wheat mar- | I ket today during the early dealings. The fact that prices have under- | gone 23c decline here of late tend- ed also to bring about upturns. Buy- ing was more aggressive than had re- cently been the rule, and there was less pressure to sell. Opening prices, whish ranged from % decline to advance, with September 1.04% to 1.0 and December 1.07% to 1.071;, were followed by material gains all around. In the corn market the July deliv- ery made a quick ascent to a new | high price record for the season, 84%. ‘With offerings scarce, shorts were an- xiots burers. After opening unchang- ed to % higher, September 79 to 7914, the corn market scored a decided gen- | eral advance. Oats reflected the strength of corn | and wheat. Starting 3% to % higher, September. 37% to 37%, tinued to harden. Provisions. were easy as a result of lower quotations on hogs. CHICAGO LIVE STOCK MARKET. CHICAGO, June 22 (United States Department_ of Agriculture).—Hogs —Receipts, 38,000 head; uneven, 10 to 25 lower, mostly 15 to 25 lower; bulk, 160 to 325 pound averages, packing sows, 6.00a6.3 sirable, 110 to 130 pound pige, 00 envy-we(ght hogs, 6.90a7.35; 45; light, 7.00a7.40; l!gm Tent, % 5a7.30; packing sow smooth, 6.00a6.50; packing sows, rough, 5.75a6.15; killing pigs, 5.76a 00. 7.00. Cattle—Receipts, 3,000 head: uneven; killing quality plain prices con- best to choice beef steers and beef |} cows and heifers about steady; lower grades, and especlally grassy kind, weak; ~spots, lower; grass-fat beef cows, canners, cutters and bulls, very dull, 156 lower; others generally steady; top matured steers, 11.00; bulk beef steers and yearlings, 8.75a 10.00; light native grass steers, do ward to 7.00 and below; bulk desir: able vealers to packers, 8.50a9.50. bulk bologna bulls, around 4.50a4.60. ‘Sheep—Recelpts, 11,000 head; lambs, mostly 50 to 75 lower; spots, on most desirable kinds, 1.00 off; few choice lambs, 16.50; bulk good lambs, 15.00: it ittle’ wanted, mosty 9.00 8¢ ll’l!. steady to weak. 1.05% l.ofi!fi 1097 1102 1097 125 1125 1120 B e ae e 85 B3 832 33 3 R & Beptember B e CALL MONEY FIRM. NEW YORK, June 22.—Call money frm. High, 5; low, b; ruling rate, 5; glosing bid, 5; offered at 5; last loan, 5. Call loans against acceptances, 4%: time loans steady: mixed col- lateral, sixty to ninety days, 4%a5; four to six months, 5. Prime mercan- tile paper, & BUTTER GOES LOWER. CHICAGO, June 22 —_Butter—Lower; extras, ; __Standards, "“m"{‘u firsts, 361%a37%; firsts, seconds, uuo mmt-. :4su no | 3 | Franklin { Internatio CHICAGO, June 22—Revival of ex- | COMMON STOCK IS FOUND WORTHLESS Cleveland Discount Auditors Make Report—Local Bank Votes Dividend. Word has been recelved from Clev:- land, Ohio, that according to & su mary of the auditors, made publi last night by William L. David and Gardner Abbott, the common stock of the Cleveland Discount Company, one of the largest mortgage concerns in the country, which went into re- ceivership on February 22, is believed to be worthless, and the value of the $7.015,000 preferred stock 1s ‘“ex- tremely problematical,” but the co pany is still solvent. This firra sn office in Washington at the ti of the failure, The summary shows that the com Out of $9,566,670 capital paid | the company only $2,331.547 rem it is claimed. The holders would aj This does not t: . however, profits losses which may be sustained in sale of the company’s real estate which has not been appraised. serves of $3,240.180 have been set 1o take care of all the losses kne or anticipated, with the e those on the company's bulldings, The receivers' financial statement reveals a series of deficits extending over at least two years, their net total amounting to $3.994.538, includ- ing $361.825 paid to stockholders | These deficits, the statc ment says, include. however, a cor siderable ftem of discounts unearn-d and hence charged back. The audi- tors set up as reserv inst thece unearned discounts, § 870 10 be $7,234.82: v the receivers in the form of a letter to the stockholders and a condensed bal ance sheet drawn up from the au tors’ report. The letter is signed | the receivers and their attorness The audit was commenced prior to the resignation of President Josiah Kirby on February 15. In @ statement given out last night, Mr. Kirby sald that the audit dis- closes nothing new or startling. It shows the company to be safely <olv. ent, the final amount depending upon results obtained in liquidation of the company's affairs or upon the basis of reorganization, if such a plan is worked out Dividend Declared. At the meeting of the board of di- rectors of the Washington Mechanics ing Bank held yesterday the lar quarterly dividend of 4 per was declared, payable July 1, 19 stockholders of record June 30, 1 AR O LR Washington Stock Exchange SALES. Capital Traction Gs—$1,000 at 96, $1,000 at 5 at 96l 1 1%, 10 ) wt 484, 10 at 10 at 48%, 1 Gus Tight 48%. 10 at 48%, B3, 2 at 483 Mergeutialer Livotspe—10 at 133, AFTER CALL. ington Rwy. & Elec. pfd.—10 at o atbington 4815, 10 at 997% and 6 per cent. DEPARTMENT. ““These securities not listed under exchange rules.” Last Asked BONDS. Last Bid. 9 S City” Club i Metropolitan Club’ 47 Anacostia Bank.. merican Com. Banking Trust and Mortgage. Connectieut. Ple Co.s Christian Heurich Bre: Columbia_Hotel Co. Departmental B District Title Insurance Exchange Bank.. ational Hank. Rank.. Miller Train Control. 1000 r-m..nue Savings Bank ational Bunk..... Bid and Asked Prices. PUBLIO UTILITY. American Tel. & Telg Tel. & { American Tel. & Te Anacostia & Potom: Wardman Park Hotel 6s. STOCKS. PUBLIO UTILITY. Capital Cofumbia Commerci Distric Farmers' ‘and Mechanics Federal-American . d Natlonal Bank of ‘Washington.. 200 TRUST COMPANY. Amerien: Continental Trust Merchants’ Bank. Nationa Savings and Trust.. i gll::ln‘tnn iLoan & Trust.. uvxvcls BANK. Commerce and t w--mumn Satisis ity Savings & Com. American Corcora Columbia_Title. Teal Estate Title 'MISCELLANEOUS. Columbia_Graphophone com. Col, Graphophone pfd. o, P ta. erohantar Transter & Siorage. 60" Mergenthater Linetspe T s 0ld Duteh M a1 O Dutch ul{itl Lauston Monoty| s!(‘“r“! Stora, Yatow Sab low “EX dividend. Mrs. Elizabeth Watson of Dalston, England, who has attained the age of 102 years, ascribes her longevity to plain fare of roast beef and beer,