Evening Star Newspaper, July 6, 1923, Page 18

FINANCIAL, NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office RAILWAY SHARES - UNETTLE LIST Delaware & Hudson Off Sev- en Points Before Support- I ing Orders Check Drop. BY STUART P. WEST. Special Dispatch to The Sta NEW YORK, July 6.—Prices on the stock exchange started in with more or less irregularity today, some of the leaders dropping off a half point or so from the Thursday close, These losses were promptly made up, how- ever, and for a time thereafter re- covery was resumed quite briskly. Steel common and the other steel shares were held back by the expec- tations that the July tonnage figures, due next Tuesday, will show a con- siderably larger decrease than those of a month ago. Oil shares were also slow to rally, due to the fear that ihe individual price cuts announced here and there during the last day or two will eventually involve an- other general readjustment down- ward. But elsewhere gains of a point to two points were quite common. Industrial Alcohol Strong. Industrial Alcohol at 47 was up 7 points from its recent low. The stock has been doing much better since the 3-cent a gallon advance in alcohol prices was announced early in the week. This advance bore out reports which have been current for some time that the company is doing an ex- cellent busine Those in touch with the Corn Prod- ucts situation say that the selling on Tuesday and again Thursday morning was of & very poor sort, representing the clearing up of & few speculative holdings which had become under- mined by the break. Railway stocks gained a half-point or more during the forenoon, but later became irregular. Southern Railway, Baltimore and Ohio and Chesapeake and Ohlo gave the best count of themselves and Canadian acific_rebounded on the subsidence of the foreign selling, which had been in the market for several davs. There was some demand for Seaboard Air Line common following the sharp re- covery in the adjustment bonds. Public Utilities Improve. Public utilities did better, with no- ticeable strength for a time in Peo- ple’s Gas, Public Service of New Jer- key and American Water Works 6 per cent preferred. Philadelphia Company, which, on account of the dividend increase, making it yield well over 8 per cent, has held better than most of the others, rose a point today and was only a little over 7 points under its high of the vear. The action of the stock market to- day was watched especially closely in the expectation that it might fur- nish an findication of future trends. At no time since the secondary de- cline in June have prices risen during two successive stock exchange ses- sions. There has usually been a Thursday recovery, followed by a ¥riday and Saturday decline. D. & L. Unsettles Market. A break of nearly six points in Del- aware and Hudson had an unsettling effect in the afternoon, but failed to Impair the better tone In the general market. Vanadium Corporation jumped over four points on a few buying orders, and Replogle Steel had a similar run up. From January 1 to June 30, inclu- sive, figures just obtained show the Studebaker Corporation produced ap- proximately 81,000 cars, as compared with 58,000 during the first six months of 1922. Sales to July 1 this vear totaled 80,000 as against less than 60,000 in the same period last vear. Unfilled orders on the books July 1 were for 12,000 cars. Cash on hand amounted to $16,500,000. The strength in May Department Stores fitted in with rumors of an ad- vance in the dividend rate from the current $5 to $6 a year. However, it is understood that much of the buy- ing that has occurred in recent weeks has been of a semi-investment char- acter, and that the business and out- look for May have been behind it. Review and Outlook. Interest in the financial situation today was divided between the stock market and the foreign exchange market. In stocks it was a question whether Thursday's recovery would prove merely a temporary respite, to be succeeded by another selling wave. In the exchanges the main points under observation were, first, the ac- tion of sterling following 'the in- crease in the English bank rate, anc ! second, because of the continental exchanges after the hint contained in the morning cables that Great Britain was preparing to part from France in dealing with the reparations prob- lem. On the stock exchange prices moved with much irregularity, rallying further in the afternoon. then elipping off again. These fluctuations indicated differing opinions in speculative quar- ters as to whether -or not the selling. movement, which with only occa- sional interruptions has been in prog- ress since the end of March, had been pleted. Meanwhile, the continental changes were very weak again. man marks for the first time sold at the equivalent of 200,000 to the dol- lar. French francs, at 5.80, were dan- gerously close to the 1923 low of 5.76%, and almost as close to the rec- ord low of 57213 in 1920. Italian Jire joined with the rest in outdoing all previous lows for the year. All this evidenced once more the uneasi- ness felt over the latest reparations developments as they bear upon the econcmic position of continental Turope. But on the other hand, the fact that sterling ceased to move with the other allied currencies was & re- assuring incident, It tended to show that the recent decline has had no ob- scure or sinister meaning, but has been merely due to the transfer of | capital from the less to the more at- tractive money markets. MAREKET CLOSES STRONG. Prices Bid Up Sharply in Late Trading—Shorts Active. By the Associated Press. NEW YORK, July 6.—Stock prices made further recovery in today's reld- tively quict trading. " The sharp gains in a number of industrial issues were construed as an indication of a tem- orarily oversold condition with shorts idding agamst each other for stock. Sales approximated 550,000 shares. The upward tendency was checked after midday, when Delaware and Hud- son slumpad’ seven points to 953, the lowest since 1921. Profits were taken hastily in other shares bought during the morning, causing a reaction of be- tween one and two points in American Can, Baldwin, Corn Products, Gulf States Steel, Studebaker, Pan-Ameri- can, New York Central, Canadian Pa- cific and Union Pacific. Supporting or- ders made their influence felt after- ward and the market stiffened. The closing was strong. Steel shares ‘were bid up sharply in the late deal- ings, Vanadium rising 43 and United States, Bethlehem, Crucible, Gulf and Republic Steels one to two points. LONDON WOOL SALES. TONDON, July 6.—A fair selection amounting to 11,638 bales was offered at the wool auction today. There was a good attendance, but sales were slow. Prices were unchanged. ANOTHER FORD RECORD. DETROIT, July 6 (Special).—The Ford Motor Company has established another high daily output record within the week of 6,884 cars and trucks and last week the company produced 40,368 cars, 1,508 tractors and seventy-one Lincoln cars. The continued increase in Ford business at a time when sales normally fall oft is taken here as a-sure slgn-ol Bood times ahead. | Gen Electric Adams Express. Adv Rumley.... Adv Rumley pf. Ajax Rubber. .. Allfed Chem. Allis Chalmer Am Agr Chem.. Am Ag Chm pf.. Am Beet Sugar. Am Bosch Am Brake Shoe. Am Car & Fdy.. AmCar & F pt.. Am Chicle Co. .. Am Druggist .. . Am H & Lea pf.. AmIce. . | Am Ice pt. Am Internat’l... Am La France. . Am Linseed pf. . Am Locomotive. Am Loco (new). Am Metals Am Radiator. .. Am Safe Razor. | Am Ship Com. Am Smelting. Am Snuft. Am Steel Fdy. Am Sugar. Am Sumatra.... Am Tel & Teleg. i Am Tobacco. . .. Am Tob pf (n).. Am Water Wks. AmW W 6% pf. Am Woolen. . Am Woolen p? Am Wool pf f pd Am Writ Prpf.. Am Zinc & Lead Anaconda. . . Ann Arbor pf. Asso D Goods. Atchison....... Atchisonpf..... Atian Bir & Atl. Atlan Cst Line. . Atlantie Fruit. . Atl Fruit etfs Atlantic Gulf... Atl Guif pf. Atlantic Ref.... Atlas Powder (n Austin Nichols.. Auto Sales. . Baldwin Loco Balto & Ohio. .. Balto & Ohio pf. *Bank of Com. . Barnesdall (A). Barnesdall (B). Batopilas Min Beechnut Pac! Beth Steel. Bklyn Edison. .. Bklyn R war 2d.. Bklyn Un Gas Brown Shoe. . ... Burns Bros (A). Burns Bros (B). Butte Copper... Butte & Super Calif Pack. .. Calif Petrol. Callahen Zinc Calumet & Ariz. Canadian Pac. .. Case Plow Wks. Central Leath Cent Leath pf. .. Century Rib Mill Cerro de Pasco.. Chandler Mot. Chesap & Ohio. . Chi & Alton .. Chi & East IIl. .. Chi & E 111 pt. Chi Grt West. ChiMil&StP... Chi Mil &St P pf. Chi & Northwn. Chi Pneu Tool Chi R I & Pac... Chi R 1&P6% Df. CStPM&O pf.. Chile Copper.... Chino Copper-. .. Cluett Peabody. Coca-Cola...... Colo Fuel. Columbia G Cnl Gas (new)... Columbia Graph Columbn Carbon Comp Tabulat. . Conley Tin Foil. Cons Cigar Cons Gas of NY. Cons Textile. ... ContCan....... Continental Mot Corn Products. . Cosden & Co Cosden pf. Crucible Steel. .. Cuban-Am Sug. Cuba Cane Sug. . Cuba Cane S pt.. Cuban Dom’can. Cuyamel Fruit. . Davidson Chem. Del & Hudson. .. Detroit Edison. Dome Mines. Douglas Corpn.. Dupont (E1). Dupont deb.. ... Eastman Kodak Elec Stor Bat. .. Endicott-John. . Erie. . Erie pt.. Erie 24 pf.... Exchange Buffet Famous Players Famous Play pf. Fed Mines & S. . Fd Mines&S pf.. Fidelity F Ins Fifith Ave Bus. . Fisher B of O pf Fisk Rubber.... Fleishman. . Foundation Co.. Freeport Texas. Gen Am Tk Car. Gen Asphalt. Gen Baking. Gen Cigar. Gen Elec spl Gen Motors Gen Motors pf Gen Mot 6% deb. Gen Mot 7% deb. Goodrich Goody pr pf w 1. Granby Consol. . Gray & Davis. .. Gt Northern pf.. Great Nor Ore. .. Gulf M & Nor pf. Gulf St Steel.... Hartman Corp. . Hayes Wheel. .. Househ'd Prod. . Houston Oil. Hudson Moto! Hupp Motors. Hydraulic Stl. .. Illinois Central. Ind Oil & Gas. .. Inland Steel. ... *Ingersoll-Rand Inspiration. . In Ag Chem pf.. Int & Grt North. Int Cement..... { Int Harvester. .. Int Mer Marine. Int M Marine pf. Int Nickel. s Intl Paper. Invincible Of1 Inv Oll (Ctfs) Jones Tea. . . Jones & L'gh pf. Kansas & Gulf. . Kansas City S.. Kayser (Jultus) Kelly-Spr Tir Kennecott . Keystone Tire. . KinneyGR... LE& Wnetfs. . Lehigh Valley. . Lig & Myer (B). Lima Locomo. .. Loews Inc . Loft Inc. Lorillard (P)... Louis & Nash. .. Mackay Cos pf. . Mack Trucks... Magma Copper. Mallinson & Co. Manati Sugar... Manhat El Sup. . Man El inv guar Open. High. Low. Close. | k£ 10 88 T 65% 8% 12 31% 31 81 70 87 154% 121 10 4y 36% 894 80 1815 10% 40 1813 664% 40% 80% 5% 10% 5444 . 130 82% 65% 19 120% 140% 102% 34 54 821 . 100% 101% 14% 8% 381 28% 6% 98% 87% 1% 112% 1% 1% 9% 9% 109 86 111 T 95 8 41 67% 10% 43% 27% 74 81 2. 171% Y 11% 18% 81 81% 97 24% 934 16 % 65 26% 49 108 5% 33 127% 128 28 24% 12% 85% 9% 10% 564 71 10 111 81% 73 11% 134 81 81% 97 26% 4y 16% 7% 661 26% 49 3% 81% 32% 30 51 22 17% 1% 108 6 33 28 8% 21% 333 8 bl 24% 12w 864 10% 10% 56% 107% 107% % 1% 29% 32 33% 4% Manhat Shirt,.e 43 3% 17% 30% 32 71 65% 38% 11% 30 31 30% 70 86 155 121 10 4% 35% 89% 80 18% 10% 40 131% 664 40% 80% 5% 10% 54% 130 32% 65% 19 120% 140% 1024 34 54 82 14! 8Y 38% % 65 49 81 32 50 17% 1% 5% 33 K 21% 83 7% 5% 28% 11% 35% 9% 10% 56% 107% Y% 17% 29% 32 - 71 Marland Oil. 9% | Martin-Parry. . 38 {Mathison Alkili. 6% | Maxwell (A). ... 66 | Maxwell (B). 89 | May Dp Stores.. 11% | MecIntyre Por. .. 30 ! Mex Seaboard. l Mex Seabd ctf: Miami Copper. Middle St Of1 Midvale Steel... Minn & St L (n). Min St P &SSM. . Mo Kan & Tex Mo K & Tex pf.. Mo Pacific. ..... Mo Pacific pf. ... Montg'y Ward. . Moon Motors Mother Lode Nash Motors Nat Biscuit. Nat Cloak & S pf Nat Conduit.. Natl Enamel Natl Lead. Natl Ry of M 2d. Nevada Copper. NOr Tex & Mex. NYCentral..... NYC&StLwI. NY C&StL pf wi NY C&SIL 2 otfs FDock: 5. Y Dock pf.. NYNH&Hartfd. NY O & Westrn. Open. 36% 28% 89 39 12 78% 16% 11 10% 22% kil 23 5 5T4% 104 26% 11% 20% 20% 21% 8% 92 394 92% bl 56% 110% 3% 11% 8414 97 T4 99 90 18 40% 104 15% Norf & Western. 103 Nor & West pf North Amer. North Am pf. North Pacific. Onyx Hoslery Otis Steel.. E Owens Bottle. .. Pacific Develop. Pac Gas & Elec. Pacific Mall. PacificOll...... Packard Motor. Packard Mot pf. Pan-Am Pete. .. Pan-Am P (B).. Panhandle. . . Parrish & Bing. Penn Coal & Cke Pennsylvania. .. Penn Seabd Stl. People’s Gas. ... Peoria & East Pere Marquette. Philadelphia Co Phila Co pf. Phillips Jones Phillips Pete. Phoenix Hos pf. i Pleree-Ar pf Pierce Oil..... Pitts & W Va. Pitts& W Vapf.. Postum Cereal. . Pressed Stl Car. Produc & Ref... | Prod & Ref pf... { Pub Service. Pullman Co. Punta Alegre. Pure Ofl. Railway Stl Sp. Raplid Tran Sec. Rdp Tran Sec pf Ray Con Copper Reading 1st pf.. Reis Robert. . Replogie Stee Rep Ir & Steel Reynolds Spr. Rey Tobac (B). Rey Tob pf B Royal Dutch. ... St L & San Fran St L&San Fr pf. St L Southwn. San Cecil Sug. Savage Arms. Schulte Stores Seaboard Air Li.. Seabd AL Df.... Sears Roebuck .. Seneca Copper. . Shattuck-Ariz Shell Tr & Tran. Shell Union. Skelly Ol pf .. Simms Petrol Simmons. . nelair Of1 nclair pt. kelly Ol So Porto Sugar. South Pacific Southern Rwy. Southern Ry pf. Spicer Mg Co. St Ofl of Calif. .. Stand Ol of N J. Sterling Prod. .. Stewart-Warne: Strombg Carb Studebaker. Submarine Bt. .. Sweets Coof A.. Texas Company. Tex Gulf Sulph. Texas & Pacific. Tex & PC & Oll. Timken Bearing Tobacco Prod. .. Tobacco Prod A. Tol St L&W pf.. Trans Cont Oil. . Underw'd(new). Union Pacific. Union Pac pt Uh Alloy Steel United Drug Utd Ry Inv pf... Utd Retail Strs. U S Food Prod United Fruit. . U S Hoffman M. U S Indus Alco. . U S Rubber..... U S Rub 1st pf. U S Smelt&Ref. . U'S Smelt & R pf U S Steel..... U S Steel pf. Utah Copper . Utah Securities. Vanadium Corp. Va-Car Chem... Vivadou. . Wabash.... Wabash pf (A). ‘Wabash pf (B) .. Waldorf (new). West Penn pf... Western Md. Western Md. 2d. ‘West Pacific.... Western Union. West Air Brke. . Westhse EI&M. Wheeling&L E. ‘Wheel & LE pf.. White Eag Oil. . ‘White Motor White Oil. ‘Wiigon Co. . Woolworth. .. Youngstn Tube. *0dd lot. Call Money 11am. ipm toda; on_sale: that level. The raw 5 197 42% 65% 39 91 1% 4215 874 47 527% 844 43 44% L 113% 50% 18% 100 9% 32% 104 707 47% 121 27 134 42% 1813 81k 114% 44y 18 37% 28% 2 20% 93 5 9 71 6% 5% 33 147 90 ™ 27 23% 91% 17% 39 86% 3215 641 14 50% 32% St Oil of NJ pf.. 115% Steel & Tube pf. 107 53 17 6215 .. 101% 9 1t 42% 55 18Y% 10 36 48 8% 58% % 40 128% 0% 30% 5% 80% 72 2% .- 163% 15% 464% 1% 95% 22% 41 901 .. 118 564 15% 26 % 16% 84 26% 17 16% 86 10 18% 15% 102 76 b4 8% 13 23% 46% 1% 21 5% 62% 66% High, 87% 28% 39% 89% 12 9% 16% 1% 10% 22% % 23 5 59% 10% 21% 1% 31% 20% 224 8% 92 40 92% 3% 57 110% 8% 1% 86 98 94 73 2% 164 16% 4% 41% 96 22% 41 91% 118% 57 16 29% % 16% 8% 27% 17 17 86 10 18% 16% 1023% 6% 5% 6% 14% 24% 46% 1% 21 6% 64% L1227 2283 66% High. 5% 12m Zp.m Low. 36% 28% 39 The Close. 87 28% 39y 9% 11% 9% 16% 11% 10% 22% % 23 5 59% 10% 27% 11% 31% 20% 224 LY 22 40 2% % 57 110% 3% 11% 86 97% 6% ¢ 94 920 19 41 10% 1545 103 75 20% 42% 33% 12% 92 69 B4% 2 914 355 3% 314 86% 10 42% 43 42 60 26% 91 16 2 43% BTh 4T 54 34y | 44 46 115% 51% 19 100 9% 32% 10% 71 4T% 12% 29% 15 43% 204 62 114% 441 184 3% 29% 20% " 9 1% 90 ! % 274 | 24 | 91% 1% 39 | 8674 839 64% 14% 5074 3214 115% 106 531 8% 625 102% 9 %! 423 | 554 18% 1084 | 363 49 8% 58% 5% 41% 128% | 718 80% 6% 80% 73 2% 164 16% 4% 41% 26 22% 41 913 118% 57 16 29 % 16% 8% 27% 17 - | 86 10 18% 16% 102 Bdta HOURLY SALES OF STOCKS. -.136 700 816 000 —eee TODAY’S SUGAR PRICES. Raw Market Unsettled—Demand for Refined Unchanged. NEW YORK, July sugar market was unsettled early and while Philippines declined to the basis of 7.03 for centrifugal of 17,000 bags afloat, appeared to be no Cubas available at raw there sugar futures market opened 7 to 14 points lower, under liquidation, rul prompted by the easier ing of the spot market, but firm- ed up later on covering and commis: d,‘y about net unchanged. . here was no improvement in the demand for refined sugar, but a good withdrawal ouse buying with prices at mid- business was reported and there seemed to be less offering from second-hand holders. = Prices were unchanged at granulated. .25 for {firm; high, 5l TRADING N BONDS ON SMALL SCALE Price Changes Not Large, But Better Feeling Prevails. Liberty Issues Firm. BY GEORGE T. HUGHES. Special Dispatch to The Btar. NEW YORK, July 6—Trading in today and price changes were not large, but there was & much better feeling. Commission houses reported some small lot buying for private in- vestors’ which was regarded’as a very encouraging development. There was an especlally good de- mand for the middle grade utility issues, bonds which combine good security and a reasonably high re- turn. Examples are Chicago Gas Light and Coke 5s, Duquesne Light 6s. New York Kdison 68, Brook?yn Edison 58, Laclede Gas 5s, New York Telephone 6s, both the 1949 and the 1941 maturity, and Hudson and Man- hattan refunding 5s. The last named issue, which has been selling very low of late, was up half a point. Speculative bonds were slightly higher, especially among the rails. The advance was pronounced in the case of the Seaboard adjustments and the St. Louis-San Francisco adjust ment 6s. The same road's income 68 sold higher as did the Missouri, Kan- sas and Texas adjustments. New ven bonds moved irregulariy. For the most part sales were made around yesterday's low, but there was no ch outpouring of offerings today as terday. The feature in the foreign depart- ment was the sharp rise in practically all ¥'rench bonds during the first hour of trading. At one time the French 8s and French Tl4s were up about a point, _and the department- of the Seine 7s, City of Sossons 6s, the third French cities issues, and the Paris, Lyons and Mediterrancan 6s shared in the improvement. The gains, how- ever, were not held, and the bonds sagged back shortly after middday. Among the South "American bonds Bolivian 8s were notably strong. High-grade securities, both United States government bonds and “legal” rails, were firm. One of the better second grade bonds, the Colorado and Southern 4135, was In especial, de- mand. TODAY’S COTTON PRICES. Change Comparatively Small in Both Markets. W YORK, July tures opened steady; October, 23.68: December 22 2. otton fu- July 23.1 ; January, 23.02 July 6.-—Cotton steady. ~ July 26.32; NEW futures Octob ORLEANS, opend 11 a.m October, January quiet December. Murch, 2252 NEW c y, 26.78 Jul 7; Decem- . 23.95a28, Rgnuary, 23. ¥ Spot cotton, quiet; middling, 2 NEW ORLEANS. July 6.—Cotton fu- closed steady at net advance of /, 26.69a26.70; October, 23.27a December, 22.98222.99; January, 2.90; March, 22.76a22.77. EW ORLEANS, July 6.—Spot cot- steady, 33 higher: sales on the to arrive, none. Low mid- dling, middling, 27.38; good mid- dling, 27.88; receipts, 759 bales; stock, 56,057 bales. WEEKLY COTTON REPORT. LIVERPOOL, July ton spot. 4 "ON NEW YORK BONDS srocx excrance | Received ' by Private Wire Direct to The Star Office. (Bales are in $1,000.) UNITED STATES BOND! (Fractions Tepresent thirty.s conds. Example: 101-1 means 1 Lib3y Lib 2d 48 Lib 1st 4 Lib 24 4% Lib 3d 43¢ Lib 4th 43 US4Ks1952. Belgium 7% Belgium Bolivia 8 Bordeaux Brazil 7s. Brazil 8 Brazil 71 Czechoslo Denmark Denmark Dutch E T Japanese Japanese Japaness Lyons 6s. Mexico 5s Mexico 48 Orfent De; Paris-Ly’ Prague 7 Rio Gr Do 20 Paulo, a0 Paulo, erbs Cro. Am Agr C! AMTE&T Anaconda Armour & Bklyn Ed Bush T Bl Central 1 Cerro de P Det Edlso; iDu Pont d Dugquesne Canada 55 1926. . Canada-5%;s 1929 Canada 55 1931. . Canada 58 1952. . Chile 85 1946... . Chile 85 1926. Chile 851941..... Chinese Gov Ry 5s. 9 Copenhagen 5%s Dutch East1 6 Dutch East I 6s'62.148 French Govt 8s. French Govt 7%s Haitl 65 ctfs. ... .. Holland-Amer 6s Jergen U M 6s'47 Ajax Rubber 8s Chile Copper 6s. .. Commonwth P 6s.. Con Coal Md 1st 5s. “onsum Pow bs '52. Cuban-Am Sug Ss. Cuba Cane cv d 8s. Dery (DG) Ts Sales. High. Low. 11-32) Giose, . 1}; 100-16 100-13 100-12 - 16 98-11 167 9 589 98-18 98-11 83 99-28 FOREIGN. Sales. High. .. 9102 122 9% .. 20 100% 96 .. 10 .. 10 100 - 14 87% +. 28 1% .31 83 11 96% . 11 100% 1 100% 77 101% 100 99% 101% 101% 100% 45 89% 92 109% 6% 9% 96Y 95% 9% 93% 93% 86% 92% 9% 20 23 2 vakia 8s. 29 8s... 6s... 5Ys. - BT 113 18t 4%%s. 2d 4%s. 4s. 40 12 g - 19 Marseilles 6s. Montevideo 7s. Netheriands 6s. . Norway 85 5 1 deb 6s. -Med 6s. Queensland 7s. ... 106% 1 Queensland 6s. ... * 100% Rio de Jan 8s 1946 Riode Jan 88 1947 Sul 8s. .. .City,8s. . .State.8s. Seine, Dept of, tes Soissons 6s. . % Sweden 6s. 1 Swiss Confed §s. Toklo 5s. . Ud Kingm 5 |Ud Kingm 5,83 Uruguay 8s.. 1 5°29. 35 1 1 MISCELLANEOUS. 3 9414 15 97 8 ‘93 26 90 100% 1 102t 1 hem cltrds Anaconda c 1st 6s. Co 4155 Atlantic Refin 5 Bell Tel Pa 55 rets. seth Steel 5lps | Beth Steel rf 5. Beth Steel s f 6s Brier H St 1st 5 gen 5s. . dg 55 °60. herss. 12 Pasco 8s.. 6 13 n ref s6 {Diamond Mth e N 715 Light 6s. g 3 E Cuba Sug T1s. . 7. — Weekly | Empire F&G s, cotton statistics—Total forwarded to | sk Rubber §s 00 of which Amer- ican, stock, 454.000; Amer- ican, imports, 22.000; Amer- ican. 5,000: exports 3,000, American, 1,000, mills, bales, METAL MARKET. NEW YORK. July 6.—Copper easier. Electrolytic, spot and futures, 14lza 14%. Tin firmer: spot and nearby. 38.00; futures, 37.87. Iron stead: prices unchanged. Lead easy; spot, 6.35. Zinc quiet; East St. Louls, spot and nearby, 5.85a5.90. Antimony, spot, 6.90a7.00. CALL MONEY RATES. NEW YORK, July 6.—Call money low, 4%: ruling rate, 5 offered at 5% call loans against ac- ime loans firm; mixed ninety days, 5a5%; - 5a5%; prime com- 43 closing bid, last loan, 5% ceptances, 41 collateral. sixty four-six month: mercial paper, 5. PARIS BOURSE UNEVEN. PARIS, July 6.—Prices moved irreg-. ularly on the bourse today. Three per cent rentes, 55 francs 85 centimes, Exchange on London, 78 francs 30 centimes. ~Five per cent loan, 75 francs. The dollar was quoted at 17 francs 25% centimes. NOTE ISSUE APPROVED. The Western Maryland Railway Company was authorized yesterday by the Interstate Commerce Commission to assume obligation and liability for $1,500,000 of equipment trust certifi- cates for the purpose of financing purchase of new equipment. WHEAT POOL WANTED. WINNIPEG, July 6.—A wheat pool for the three prairie provinces, with the fullest possible interprovincial co-operation, was recommended by the executive committee of the United Farmers of Manitoba, meeting here in special session. — SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) —Noon.— Aluminum Co. of Amer. Aluminum Co. of Amer. 7s 1933. ‘American Cotton Oil 6s 1924 American Sugar 6s 1937 ‘Ameriean Tel. & Tel. 6s 192 American Tel. & Tel. Anaconds Copper s 1929. Anglo-American Ofl 7is 1935 Befi Tel. of Canada 7a 1925. Canadian Northern 5is 192 Cent. Argentine Rwy. 6s I Central_Leather Gs 1925. C. C. % & St g0’ Tel. Dupont 7is Feleral fln?lr Ref. 65 1933, Goodyear & R. 8s 1081 Great Nor. 193¢ 8. Hocking Valley s 1924. EHumble' 0fl Sis. 1682, Libby, M. Morrls Penna. R. E. 78 1080, 8t. Paul Union Bears, Roebuck & Tidewater Oil 034s Union Tank Car U. 8. Rubber Ts 1880. Western Unlon Gl4s 1986. ‘Westinghouse E. & M. 7s 1931 — U. 5. TREASURY CERTIFICATES, (Quotations furnished by Redmond & Co.) ——Noot.——\ BWanas $00 302 2 1116 1 {Goodyear {Goodyear Int Mer M; Int Paper nt Paper Midvale S | Morris&Cy |New Eng N Y Edsn i N Am Edi; Northwst {Otis Steel Sharon St KCP&LtSsA'S Liggett & Myrs 6s. {Lorillard (P) 5 Magma Cop v 75 Mexican Petrol 8s Montana Power 5s. Gen Elec deb 5 Goodrich 633s. £51931 821941, . | Humble O&R 513s. 2 Illinois Bell 1st 5s. Indiana Steel 5s. .. arine 6s. 5 1st55 A. 10 1st5s B. ¢ 7 10 2 6 .19 2 7 0 1st 4198 4 Tel 5s. 10 1st 6%s. teel NYG EL H&P 5s. .. N Y Tel 6s'41..... N Y Tel 6s°49. NY Tel 4148 son 6s. ates Pow 5s. B Tel T Pacific Gas & El 5s. PacT & T6s'52... Phila Co ref 6s A Public Service 5s Punta Alegre 7s. .. Sacks & CosfTs. H 8s Sinclair Oil 7s Sinclair Oil 63z Sin Crude Sin Crude Ol 51;s. 12 Oil 6s Sin Pipe Line 55 So Por Rico Sug 7s. St Ofl of Colif 7s. Steel & Tube 7s. .. Tenn Elec Pow 63. Tobacco Prod st 7s Toledo Edn 1st 7s. . USRub1 st rf 5s. U S Rubber 7%%s. Va-Car C Wilson & ‘Wilson & Paris Br Berlin, Rome,” lira Madrid, pes Vien B Chbistingia, Stockhol ‘Winchester A T%s London, pound Aontreal, doll U S Steel s f 5s. Utah Pow Vertlentes Sugar 7: Va-Car Chem 7s. & Lt6s. . CTHEW.. 1 ‘Warner Sugar 7s ‘West Union 6%4s. .. Co 1st 6s. ‘Wilson&C cv 73%s. Co cv 6s. 3 104% 1 — July 6, 1923, Nominal gold value. 4.8865 100 Zurich, franc . Athens, drachma . crown By the Assoclated Press. NEW YORK., July 6.—Forelgn ex- changes irre S. dollars): 4.56; cables, 4.66%. Sixty-day demand, banks, 4. iar. réat. Britain, .54, France, 100% 102% 98-6 98-3 98-6 98-7 98-11 100% 100% 101% 99% 99% 101% 101% 100% 44% 89% 1% 109% 96% 9% 96 95% 97 92% 93% 86% 2% 1% 803 8% 77 77 54 34 87 100% 110% 92 73 4% 10% 9% 2% 4% 0615 100% 3% 1% 94% 98 98 85% 68% 9% 104% 115 7% 111 102% 93% 9% 94 98 98 85 68% 79% 04% 15 75 11 03 94 6% 9215 89% 00 01% 14% 965 108% 95% 25 83 04 FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Selling checks today. Quotations (in U. demand, bills on .0581; cables, .0681%. Italy, demand, .0424%; cables, .0479; mand, Holland, 13925, Norway, @en, demand, .3642. Denmark, Switzerland, L1738 0425%. Belgium, bles, .04’ '%.‘ Ge 000005 1-16; cables, . o demand, .3922; deman deman = d, 3-16. cables, .1610.- Swe- , deman d, 171 Spain, demand, .1425. Greece, dem, .0280. gentina, Poland, Czechosloyakia, demand, demand, demand, - .8475. .00000!32: .0302.- Ar- Brazil, de- mand, .1065s Montreal, .97 9-16. — e Coal d o3 placed -round ust powder, ipecially pre- s the latest ald to beauty. the eves to hance the Whiténeas of the “orbs: RAILROADS. Bales. High. 88% 80 86% 81 95% 7% 8% 82 BP&Oprin %, B & O gold 4 B&O B&OSWdivays Canadlan North 74 Canad North 63 Canad Pac deb 4 Car Clinch & O b Car Clinch & O 6 Ches & O cv 4348 Ches & O gn 4%s.. Chi & Alton 318 Chi B&Q 1st rf 5: Chi&E 11l gn 68 Chi Great West 4s CM & Puget Sd 4. ChIM&S P rediys. Chi M&SE P cv Ss. . Chi M&St P 48 °25 Chi M&S Pov 4% Chi&NW7g Chi Rys 5s CCC&St L rt 68 Cleve Term 51, Colo & Sou 43; Cuba R R b Del & Hd 1st rf 48 Del & Hud cv b . Del & Hudson 6%, Den & Rio G cn 4s. D & Rio G imp 5 D&RGI1strt Det United 4%s. Erie 1st con 4 Erie con ext 78 Erie gen 4s. . Erie conv 4s D. .. Gr Trunk sf db 6 - 108% 112% 108% 994 9% 56% 99% ‘101 60 60 85% 37 89% 67 66 83% 80% 1% 89% 108 104% 57% 921 82 4% 5% 63% £38% 49% 1% 133 F8Y% % 3% 104% 89 5% 52% 32y 55 53 60% 37 88% 108% 59% 107 44 102% Gr North gen 7s. , . Gr North gen 514s. Hud & Man ref 5, Hud & Man aj 6s Il Cent ref 58 '55. . 1l Central 5%s. 1 Int Rap Tran bs |Int Rap Tr pd. Int Rap Tran 7s. ., Int & G Nor aj6s. . Int & G Nor 1st 6s. Towa Cent 1st 58 Kansas City S 3s Kansas City S Kan City Term 4s. Lake Shore 48 '31. . Louls & N uni 4s Louis & Nash 7s. .. Louls & Nash 513s. Manhat Ry cn 4s. .. Market St cn bs. . MU EIRy & L 68 MK&TIistds.... TK&TprinssA. 2 635 93y MK & Tadj 55 o Mo Pacific 6s. ., Mo Pacific gn 43 Montrl Tm 1st & 88% % 3 Y Centgen 33%s. .. 104% Y Cent deb 6; Y Cent deb 4. Y Centr{ 5s. 62 85 53 80% 37 87% 108% 59% ew Haven d 4s b ew Haven 7s ew Haven Ts fr.. Y State Ry 4%, Y W & Bos 4%;s. orfolk & W cn 4s. orfolk & W cv 6s. orthern Pac 3s... orthn Pac r 1 6 Northern Pac 58 D.. l:?‘ O Short Licn 5s '46. 102% Ore Short L ref 4s. 1% Ore-Wash 1st rf 4s. 79% Pennsyl gen 5s. 100 Pennsyl gen 8944 Pennsyl 6%s 1074 Pennsyl gold . 107% Peoria & E inc 4s.. 5 21% Pere Marq Ist 5s. . 4% Pere Mrq Ist 4s '56. 9% 66% 84 60% 73 75 84y €614 £0% €314 893 1% 894 5% 72 b54% 42% 26 62 1% 85 804 95% 67 101 45% 69% 1% 82y 95 103% 944 94% Bay 60 78 79% 89% 107% 107% 21% 9513 9% 66% By 61 hEd 5 4% 6% 133 3% 90% T1% 29% 6% 72 bd% 43 27 62% 1% 85 80% 6% 67 101% 45% 69% 91% 824 6 103% 5 4% 84% 60 TRY% 9% 454 Rapid Tran 6s w i. Reading gen 4s. [Rio G West cl 45 RIArk &L 43 St L IM&S R&G StLIM&S 4529, StL&SFDldsA.. {StL&SF prinbs. {StL&SF inc6s IStL&SF5ysD.. StL&SF adj 6s. StL&SFpl6sC. StLSW Istds.... SanA & Arn P 4s. . Seab'd AL 4ssta.. Seab'd A Liref ds. . Seab'd A Ladj bs.. Seab'd A L con 6s. Sou Pacific ov 48 Sou Pacific ref 4s. . Sou Pacific clt 4s. . | Southern Ry 1st 5s. Southern Ry gn 4s. Southern Ry 63s Third Ave adj 5s. [Tol StL & W4s. Union Pac 1st 4s. Union Pac st rf 4s Union Pac cv 4 Union Paccv6s. .. Virginia Ry 1st 5s Wabash 18t 5s. ‘Wabash 24 5s Western Md 4s. ... Western Pacific bs. West Shore 1st 4s. 79% 178 Whel SLETf 4%s. 2 45% 484 TOTAL SALES (Par Value): 1lam.. 2849000 12noon 4351000 1p. 5394000 2pm.. 6037000 84w 66% 81 68% 203 72 9% 5% 2% baw 43 27 6234 1% 85% 80% 95% 67% 101% 45% 69% 9% 82% 9574 108% 95 4% 841 604 T8% 20 Market Flashes at Today’s Close Computations based on Southern | Railways estimated gross revenue for June indicate that road almost cov- ered its year's fixed charges in first half year, and annual result should show charges earned more than twice over. Fiscal vear of Jullus Kayser Co. will end August 31. It is estimated, after payment of preferred dividend and interest, there will remain bal- ance equal to about $11 a share on common. In 1922 earnings equaled $9.99 a common share, and-in 1921, $7.45. ‘Westinghouse Electric and Manu- facturing has been awarded $1,254,- 000 contract by Detroit municipal light commission. Traders are closely watching the stock market from its present level for the next move in cotton prices for the immediate future, Delaware and Hudson's failure to rally after its severe decline of early in the week, when there was a good deal of liquidation as well as short selling of the stock, ¥s said to be due to the bellef it may not be able to maintain its- 9 per cent dividend, a record it has maintained since 1807. Directors are due te act on fits cur- rent quarterly division on July 26. The present business situation, is sound, and there is nothing on the surface indicating other than a. con- tinuance of this condition, in the opinion of Arthur Reynolds, president of the Continental and Commercial Natlonal Bank of Chicago. The action taken by the Bank of England in increasing its rediscount rates will not have a tendency to In- crease the present rates maintained by the federal reserve system in this country, it was reported at the Treas- ury today. clals of the board de- clared they could see no need for similar action being taken by the American banking system, and they change - are not-an ‘Ir 91% | prevailing for hay is founded on the 100% | clover mixed. {f FINANC Grain, Produce and Live Stock LOCAL WHOLESALE MARKET. Fruit and vegetable growers in mearby Maryland and Virginia were delighted with the appearance of last night's storm. Continued dry and hot weather had greatly affeoted growing crops, they reported, and it ared some of the smaller vege- tables were ruined. Growers hope last night's rain gave the crops water enough to save them. Wednesaday night a heavy storm visit- ed a portion of the country between this city and Solomons Island and benefited the growing crops. Frults from distant points, water- melons, peaches and cantaloupes, are still plentiful. There is a fairly flontlrul supply of berries in market rom farms of nearby truckers. Eggs—Strictly fresh, selected, can- dled, per dozen, 27a28; average receipts, 26; southern, 24. Live poultry—Roosters, per Ib., 12; 25; spring chic 5 young, each, 40; r 1b., 25. d poultry — Fresh - killed chickens, per lb., 50a55; win- ter chickens, per Ib., 35; hens, per Ib., 28a30; roosters, per Ib., 20; tur- keys, per lb, 36a40; keats, younsg, each, 70a80. Live stock—Calves, choice, per 1b., 9%; medium, per Ib., 9; thin, per 1b., 6a7. Lambs, spring, per Ib., 14; live pigs, 3.0025.00 each: live hogs, per 1b., 8. roen fruits—Apples, new, per bas- ket, 1.50a3.60. California oranges, per crate, 5.00a6.50; Florida, 5.50a7.00 Lemons, per box, 8.00a11.00. Grape fruit, 4.00ab Blackberries, per qt. €a20." Peaches, 4.00a4.25. Cantaloupes, | standard, 4.00a4.50; poi 3.00a3.50; flats, 1.50a1.75. Black raspberries, 202 25; red raspberries, 26a85. Vegotables—New potatoes, per bbl., No. 1, 5.00a6.00; No. 2, 2.0083.00. North Carolina yams, 3.50a4.00. Lettuce, per crate, nearby, 76a1.50; New York, 00a Romaine lettuce, per crate, 75a Cabbage, nearby, 2.00a3.00 per Eggplant, per crate, 2.00a3.00. To- matoes, per box, North Carolina, 2.00a 5.00; Mississippi, per box. 1.50al. Beans, 8.009.00. Peas, 2.00ad. basket. Peppers, per crate, a olina, 1.50n3.00. Kale, per barrel, 1.50a 1.75. Spinach, per barrel, 4.00a5,00. Cel- ery, per crate, North Carolina, 2.00a6.00. Squash, 1.00a2.00. Florida lima beans, 2.00a3.50 per basket. Asparagus, 1.00a 4.00. GRAIN AND PROVISIONS. BALTIMORE, Md., July § (Sper‘ll‘ld). old, Asparagu bushel, .25. 4.0024.50. Beets, 100, 4.00a6.0 Cabbage, crate, 1.00a1.50. Eggplants, crate, 2.00a3.50. Kale, bushel, 75. Let- tuce, bushel, 60a1.50. Onions, bushel, 1.2521.60. Spring onions, 100, 1.25a 1.50. Peas, bushel, 2.00a3.50. Peppers, crate, 2.50a4.00. Radishes, 100, 3.00a 3.50. 'Rhubarb, 100, 2.00a3.00. Spinach, bushel, 1.50. Squash, basket, 40a50. Tomatoes, basket, 2.50a3.00. Apples, barrel, 2.50a4.50: bushel, 1.00al Blackberries, quart, 10al5. Canta- loupes, crate, 1.75a5.00. Cherries, pound, 8a20. Gooseberries. pound, 6a 8. Grapefruit, box. 2.60a4.00. Huckle- berries. quart, 20a25. Oranges, box, 4.50a6.50. Peaches, crate, 3.00a3. Pineapples, crate, 3.00a4.50. Raspber pint, 8a20. Watermelons, each, Selling Prices on Grain. Wheat—No. 2 red winter. spot, 1.14; No. 2 red winter, garlicky, spot. 1.07%. { Sales—Bag lots of nearby at 1.03, 1.05. 1.07 and 1.08. Corn—Cob, new. 4.75 per bbl; con- tract. spot, 89% per bu.; No. 2 corh, 91%: track corn, yellow, No. 2 or bet- ter, 1.00 per bu. Sales—None. Oats—White, No. 3, 51% per bu. Rye—Nearby, 70a75 per bu.; No. 2, western export. spot, T4%. Hay—Receipts, 34 tons; the inquiry 52 per bu.; better grades of timothy and light of which description there is no surplus offering at a range of 19.00 to 23.00 per ton. Medium and low grade hay is in ample supply | at_regular prices. . 1_tangled rye, 15.00a . 1 wheat, 12.50a13.00; No. nominal, 14.00815.00. DAIRY PRODUCTS. BALTIMORE, Md. July 6 (Special).— Live poultry—Spring chickens, 1b., 35a 50: Leghorns, 30a3s: old hens. 20a25; | Leghorns, 17a20; spring roosters, 13a | 14; ducks, 15a26; spring ducks, 25a30; pigeons, pair, 25a30. Eggs—I off native and nearby firsts, doz. 24; southern, 22. Butter—Creamery, good to fancy, 37a40; prints, 40a42; nearby creamery, 35a38; ladles, 34a35; rolls, 30a3l; store packed, 29a30; dairy prints, 30a32. TODAY'S CHICAGQ PRICES. CHICAGO, July 6.—Despite reports of perfect rust-producing weather in the spring crop belt, wheat declined in price today during the early deal- ings. Sustained demand was again Jacking, and in the absence of sup- port the market sagged, although pressure to sell was of only moderate force. Word of a decided improve- ment of the crop outlook in France had some bearing effect. Opening prices, which varied from unchanged figures to % lower, September, 1.02 to 1.02%. and December, 1.05 to 1.05%, were followed by a general setback to well below yesterday's finish. Corn and oats were easier with wheat. After opening unchanged to % lower, September, 73% to 73%, the corn market underwent a decline all around and then rallied somewhat. Oats started 4 to 34 off, Septem- ber. 34%. Slight further losses en- sued. Provisions reflected an upturn in hog values. Wheat prices turned suddenly up-| ward at the last today, owing to ef- forts which previous sellers made to even up accounts. Increased nerv- ousness over the black rust situatior was a bullish factor. WHEAT— HEn July . 1.03% Heptember . 1.08% December . 1.08% CORN— Tuly . .80 Jeptember T4y December ‘620 .38 B 1 oat, R OATS— g . 1137 e 9.37 37 11.37 1150 September 9.37 TR CHICAGO LIVE STOCK MARKET. CHICAGO, July 6 (United States De- ment of Agriculture).—Hogs—Re- ceipts, 24,000 head; good kind very active, 25 to 40 higher; bulk, best 150 to 240 pound averages, 7.95a8.00; top, 3.10; desirable 260 to 350 pound butch- ers mostly, 7.75a7.90; packing sows mostly, 10 to 25 higher; bulk, 6.50a 6.90; pigs, 25 to 50 higher: best strong .50a7.75; big packers not yweight hogs, 7.25a8.0 0as8.1 .40a8. 7.25 welght, buying:; . he medium, 7. light light, smooth, _6.40a7.00; roughs, 6.00a6.50; kil 7.71 Cattle—Recelpts, 3,000 head; active; clearance good; market practically over; generally strong to 15 higher on beef steers, yearlings, desirable beef heifers and bulls: bulk beef steers and yearlings, 9.26a10.50; no strictly choice fat steers or yearlings here; best matured steers, 11.10; long year- lings, 10.80; some light yeariings, 10.25; good 'beef heifers, 9.50: few heavy bologna bulls around 6.00; two loads Colorado bulls, 4.25a4.65; veal- era, scarce; market on runaway order; unevenly and sharply higher; out- siders buying bulk of vealers at 11.50 a12.35; few higher; packers, 11.00a 11.38 mostly. Sheep—Receipts, 8,000 head; early trading active; 8t western lambs, 16.26; bulk, good and choice natives, 16.50a15.75: sorting moderate; culls, 8.50a9.26; no yearlings or offered; ‘bulk fat ewes, 5.00a heavies downward to 3.50. LEAD PRICES AGAIN CUT. NEW YORK, July 6.—The American Smelting and Refining Company to- .. redyced the price of lead .from ‘to-6.85-cents per pourdy-> IAL, 0. BANKERS PLAN CLOSEAFFLATION Luncheon Club to Make Weekly Discussions More. . Helpful. The bankers forum luncheon; which meets regularly every Wed- nesday at the City Club, will be or- ganized on Wednesday next and will take on the minor detalls of a bank- ers’ club, it was learned this morn-, ing. At the beginning, a president vice president, secretary and possi- bly a treasurer will be elected, it iy understood. The idea of the present forum was concelved several months ago when various bankers interested in the fe- cent convention held an impromptu luncheon at the City Club with & vigw of making tentative plans for th: annual outing. During the course of the meeting confidential problems confronting the various local insti- tutions came up for discussion, and the working out of these matters culminated In a weekly feature. At- tending bankers are unanimous in their pralse of the body, unhesitat- ingly admitting that many hundreds of dollars have been saved their clientele - by —constructive informatior obtained therefrom. 1t is the wish of those interested:ir the movement to have an accredited delegate from every bank in the Dis trict attend these meetings, where they will be free to discuss any and all problems in the strictest confl dence. By this process, repetition .of pitfalis can be almost entirely eilml nated in the local fraternity. “ At the present time each attendiffs delegate pays his own bill, a nomi:! nal luncheon charge. At some late date the scope of the body may be larged to Include a small membership fee, out of which the club would stand the expense of the luncheons it was said. Trading on Local Exchange. Well variegated trading, without teature, dominated the Washingtor Stock Exchange this morning. Prices generally were unchanged. Washington, Baltimore and Annap- olis 58 sold at 70, Washington Rafl- way and Electric s at 70%, Trac tion 5s at 97 and Wardman Park Ho- tel 6s at 99. In the stock list Rajl- way preferrcd was easy at 71%a7l. Lanston was unchanged at 75 and , Washington Gas held at 48. N shares of Firemen's Insurance Com pany stock sold at 19i4. Would Withdraw Steck. The Batopilas Mining Company ' is seeking permission of the New York Stock Exchange to strike its stoek from the list. The action is beini taken, it ie said, with a view to re- organize the company. For several. years been selling below §1 a share. the stock has A ’ ' sale of 100 shares at % was reported » on Monday. Of an authorized chpital stock of §9,000.000 there is listed.or the exchange a total of $8939.920, or 446,496 shares of §20 par value.' It was admitted to trading on May 12 1909. The company was organized in 1887 by a consolidation of six coni- panles. which had an aggregate cap- italization of $12,050,000. All of th: property is in Mexico. e Transit Company’'s Earnings. The net corporate income of 1 ‘Washington Rapid Transit Company for June amounted to $1.346, gompar: ed with $2,774 in May and a loss .ot $1,020 in June, 1922. Passengers car- ried by the service show a steady in- crease. Earnings of the company for the half-year period total $16,045, or =l- most double the amount reported Tor the corresponding period of last year. Personal Mention. o Frederick J. Rice, president of the Guaranty Savings Bank, is vacation- ing at Asbury Park, Sea Girt and oth- er Jersey coast resorts. He is acco panied by his family. Peter A. Drury, president of ithe Merchants’ Bank and Trust Company. accompanied by his son. Abner, has salled for Ireland, where he will make an extended stay. BAY STATE BARS ., 205 PROMOTIONS By the Associated Press, i BOSTON, July 6.—The state .de- partment of utilities today barred the sale in the state of the securities of 205 corporations because they had failed to file the required informa- tion on or before April 30. The law provides that such failure shall con- stitute prima facie evidence that the sale of the securities would result in fraud. RETIRED BANKER HOME Prank Hyde, 81, Will Soon Sail: for Europe Again. NEW YORK, July 6.—Frgnk Hyde retired banker, who at eighty-one 1% a confirmed globe-trotter, returhed from Europe on the Mauretania.io- day, announcing that he would seil again the end of the month, but wouli be back in_time to go to San Diégo. Calif., in September, to observe an eclipse of the sun. For the last twenty years Mr. Hyde has toured points from which to get the bests views of eclipses. He has viewed: them from every civilized country. BAR SILVER QUOTATIONS. LONDON, July 6.—Bar silver, 31 516] pence per ounce. Money, 2 per cent. Discount rates, short bill 3%adly per cent; three-month bills, 3%ad% per cent. NEW YORK, July 6.—Bar silver, 63%; Mexican doilars, 45%. BE £ ® Harbison-’ Pittsburgh Coal, Q. Pittsburgh Coal Pf., Q. July 11— Am. Coal of Alleghany, q... Central_ Railroad of New Jersey, July 12— Am. Gas & Elect. pf., a. Miliiken Bros. pf., foa July 18— Allied Chem. & Dye, Q.. Art Metal Construction, q. sociated Dry Goods, q. British-Empire Steel Balt. & Ohlo pf.. e = b g 55 % R ot q 1. Nor. Util. pf., q. Lord & Taylor 24 'pf., accum H. & Co. pt.. q. L. pt. R . & B. Pere o, q. Pere Marquette 3% pf.. q. Pitts. & Lake Erie 4 Public Service Invest. pf. ! Public Service Invest. 4 T B. RODRE DLr. Qoamvsaseresasas s D00 G, pererge SRR B the world for vantage. | ] NEW YORK BANK CLEARINGS.. NEW YORK, July 6 (Special).— New York bank clearings, $888,000; 000. New York bank balances, $84. 000,000. New York Federal Reserve Bank credits, $72,000,000. Boston bank clearings, $66,000,000. EX-DIVIDEND TABLE. July 9— Am. Smelting & Rg., Q. General Motors, 7% deb. q General Motors, 6% deb. q. General Motors, 6% pf. Q. N. Y. Air Brak . Vulean Detining, pf. q Vulcan Detining, new, pf. q. July 10— Alabama Co., 1st D Alltance Reaity, a.