Evening Star Newspaper, August 18, 1923, Page 19

FINANCIAL. ~SATURDAY, - AUGUST - 18, 1923.: awoke the goods trade to compara- |———————- {3 9 ~ “Buy THE EVEN NG_STAR, 'WASHINGTON, D. C., NEw YorKk cUrB MARKET || MARKET REGAINS Received by Private Wire Direct to The Star Office FINANCIAL, 3" 530,000,000 A VEAR tive activity again. The increased ex- pense which, the steel companies will be under as they shift from the twelve to the eight-hour day will probably lead to higher prices for steel. We an? ; Heaverboard Ss Bridge Mach w i Brit ed amount from a of penny in elther principal or | terest. | NEW s . 1% At least they insure against any s P C F- M IN PHUNE PRUGRAM i S mE g i UL JR_Eollowing | . 18 St Ot o M[]ST flF LUSSES faduction and thle Bt e ot : even Fer Cent kirst Mortgages |traded in on the New York Curb Ma A S T i i in_ making steel consumers more s e ket toduy: L 1 Wiheor o & Gas- 5w Bu “ou DR anxlous about thelr future supplies. First Mortgage Securities e BONDS, INDUSTRIALS Even with “oll, ‘which s ‘been. ¢ || —ana you can tnjoy the privi- In a Limited Amount New York Company Expects 1qm M Co.. =1 |ntense Pessimism of Month |Piec il of the weew arevound ||| R o et et 1 o e 2 Atlantic Fruit' w i 2 E speed up the necessary readjustmen S d Resid . Sy 3 -2 d ATED 100% SAFE Secured on Residential Properties in Armour (o Del ,-,. 1 Borden & Co pfd.. out, the present situation ;:;ls roelnnu‘let- | mever having lost a to Serve Two Million {pocien & o | Ago Disappears—Review |45 the Standard Oll prestdent b B ti P 1 comparatively small Tnter Corp B 1 companies it the Northwest Section of the City Patrons by 1930. at Week’s Close. selling by which were unable to hold on: there- i Tare At SEOMME oc lest: aiter Chis|ll yen e e e T L it sl n ro aro caus : e H forced liquidation is over. ; Phe. loss "of ‘millions as frequently ro: Write, Phone or Call descriptive Booklet “S” Y J. € ROVL, 14 BY STUART P. WEST. o United States Records Trade Balamce. | Guaranteed _titles, tax certificates, Spevial Dispateh to Th Detroit Cits Gax Bx. Special Dispatch to The Star. The Jul insurance policies. with all notes. 1 H ; L ok ro iax B y figures on the foreign m 00 000 ‘_\| W YORK.:August 13.—The New Danlop T & Tt 7« 5 3 NEW YORK, August 18.—At their lol‘-).;de‘ ah’:’nwlng ® b‘a;a.nc‘: fltdn:loo& | $250 up to $5,000 Available Deno ination 1 to 1’ Fork Telephone Company expects to ; e high points at the close of the past n favor o e Unite: ates 3 Re = S S ehbioB e 5 2 Mann B R were an upset to some very pretty | be serving 1.000 telephones in this e ’\‘ Hud & Mann R week stock exchange prices have got | theorles. When eariler in the yea: CHAS D SAGER ity by and is now prepured to Hocking U8 2 k the greater part of their loss|there was a large excess of Imdvur:n o “pend $50.000.000 a yeur for the next ks g over exports writers of the academic five years in preparation to do st H nce the 1st of July. This in itself | (700 \oore found saying that forelgn Realtor ve yea ar o Nar S {‘ is proof of the disappearance of the | countrles had begun to “settle their | (Mhese figures ars the result of cure. | intense pessimism which governed | current debits in'goods instead of in | Money to lo-n onD. C. 15th St. at K St. N Main 4 ful surveys made by engineers and 3 ! 5 s 3 Radio Corp pfd. ansaé a gold and securities.” Another corol s . N.W. 600 o e e and | ] “:_dm‘ x",.i ., Wall street transactions a month ago. | e tqe, Seairies” | Another corear || real estate. 1st and 2d ain Plans for the neSt ten vedrs’ have . f It also bears out the contention that | nation, we were in the position that!ll trust loans made been based on them ith _about the propaganda. either directly or in- | England has been in for the last 1,130,000 tolephones now in service in directly designed to undermine con. | three-quarters of a century, where P"mp“y" Usual broker- the greater city. the u‘.m.;m-.; srowth Joits &% 1 fidence in the business outlook, to in- | W& were likely to have a pern‘nn(-m age commission. See Mr. or the next several years is un- duce cancellation of orders’ aloms |eXcess of commodity imports in re- . precedented in the telephone busi- | FORE | With cuitifiment of new |,u‘m:'m,‘,§ turn for the interest on American Robertson 9 to 10 A.M., mess. and these figures are id'cative | 3 King of Nether b 101 101 101, thereby bring about a serious reces- | aptial loaned abroad. 4 4to6 P.M. of the inerease in corresponding de- | uxsian Goe 16, 0% 10 sion, was unwarranted and must fa t will be interesting to see how 2 kree in olher American ciies. > | TUSof Mex 0% 6 aen U n B Nuna asranted & *t a1} the proponents of these theories at- |l Francis A. Crawford, Inc. The telephone company’s L000.- {Sales STANDARD OIL IS8 3 Wayne z o 2 tempt to square themselves with the 000 investment cording to units MINING verproduction nnd Price Cutting. |July returns. In the meantime the 903-4 Continental Trust Bldg. a‘]e an n‘]est President J. % MeCullovh, will spr 10 Chesebrough Mg P Tt is difficult to discuss the trade | Practical view is that the heavy fm- senerally over the five ughs 200 Continantal Ol ury movement as If it were subject to cer- | POTts of the spring which swung the the B care for a A aens [lgnsl OD };I“ '""g" and general influences. | trade balar ;(:gu‘!;xst g wees m;rl-l\' f service’ which the company iijnot & ', : ather the matter has to be taken up |a temporary incident of the short- | M LO h chas. : s e T e haniiE . i artui Frere e e aenoer ot Tivea Homesuic voam. © our’ xport || 1VIiONey to Loan B epuiiaescfonanist Toust | Manhattan and the Bronx stances of overproduction, like ofl, |trade has dropped very little com- ANY AMOUNT g A ! s to Underzround Gotafeld Develop leather and automobile tires. which | Paratively, 1tTwas down In July Reasonahle Charges on gateidepgsit panit dndiioiget them | = S e ) have had their sequel in costiy price | ONY $35.000,000 from the high in Trade Acceptance Nothing to watch; nothing to worry i M the sum will be cutting. In oil partfcularly only the | March. But imports during the same Warehouse Recel about; no fluctuation of value. | o DMHE Suas i very- strongest companies can oper- | PeTiod decreased $114.000.000 and it ] Manufacturers’ Accouns | System of wires and for intricate ate at a profit on present quotations. | 1% this which tells the story Short-Term First I tril foflite appariiuy Shich il aR In leather the situation has been Gold Imports Increase. or SAFE INVESTMENTS e e s e | o hundrede, Tovealed in the deficits reported by| In consequence of the reversal of = eldom realized by the public | i t Gaw ... he leading companies for the second ) e o Ty St exidences of |1 ARG It e ond|the trade balance gold imporis arc || American Finance Corporation b tivity will he found in the ere & Carih Send Jorome. Develors There are other casex, like the boot o s {] Commercial National I--k Blds. S B e oftice buildings and in | it Rercie 30 Tone P X, lik e by in the next two months has ¢ set up | ” > ol S Ganl ihe SERE 1o § e s T S S, o, o | 8 U Sl S RE ol WIDE MARGIN OF SECURITY adaitions (o existing structures | Tk e 0 the metal trade. notably i |interest on the Amerfean war debt. 1 activities now © eighteen ma- the margin cls requiring exo CiiTama o ; up by the increase in wages e L G :r’.’; Payi 1/,07 | 0000 exclusive of & O there is the much agitated position in E3% Bic onnt Vs (o Home Furniture aying 6 and 6Y27 i 1 of Pa sale of her own securitics to Ameri- wheat and in kinds of live | cq = - e e ofices wiiiibe o : whes can investors, she must rely larg > P e o e m ] Bt s = Stock. wh lation of for-|on transfers of gold. This threatens (PAYABLE SEMI-ANNUALLY) I KT Wil employ machine Riny et oo DS cign requivemer Jed to a do- |0 bring “up ‘wain the nroblem of & = Lafayette Oil and Silver nestic o N p With consequent | “gold inflation, which s ®o keenly e LAk ey, ibe Yex ot By | unprofitable price ievel aitated aix mimhn g’ 10 War'teart | @ From 1070 4100 on Bowsneld foas Shannon & Luchs First Trust Notes i the foundation for expansion | Sobte O &6 At Divide | Canes Held ax Exceptions, ed then that the enormous unused | 3por chattels. ;m cent intere: ned)he Shua Hgns (ESRURAI ] Sorthwest 0N 3 oian Sivice { It these varlous industries were |SURPIY of gold in the reserve bank |dC brokarags charged Gome o and l.fi e \Bé cwiteh-1 4 i “nited Im; . “|would be a temptation to speculatina s explain our method of mal smal o 2 s : a1 “a4 they houss: the Ewiteh=| 3 Yo 3 United Imper Mine fairly representative of business as a | ¥ OU templa s Joans and certificate sevings pla. Built on a Straight Line of Retu Wpparatus, the heart of the sys- | Peer 01l ¢ UK Contln new w i | whoie, the situation would be dis-|and overexpansions. But anxiety was (Otmersial Tasn i ¥tas o Do gers tios ' t 3 FPonn Reave Uaity Gold Wenden Copper the its warning and Federal Reserve made & tinotiy oAt o relieved when tuk inctly unfavorable. But the e iniea aliy’ speaking. it a0 & Tt ses Room_ 211. 921 16th St. N.W. Not a Fluctuating Vllue t - ¥ .rv\lu »xu\v‘r.«l tl;l~v{'I\x*-|_v""""'lr"',:y‘x All (k. new 1 Yuken Gold . x'.";:'f.'d“fi;'.’. ur‘h!;:‘z;::‘\l, "(;‘x.?ix':-:np}':(;." very plain that if trade and secur- ystem Copytighted & Patest Pending | ngaste glie et it enc: p 2 i r v kets kept on as they were!l tion and as near fire and moisture | tendency, such as was present three [ !1¥ mar P s Sold in Depominations of 100 35 0 i Proof as < ienee can make it Tt must | FACTORS PROMINENT vears uko—no wild speculation and | then molng. it would lead to drastl 0 $ $500, $1.000 i fore the delicate central office 9, TT N DEALS high priced raw materials and high lh‘r\ 'i ll(d‘»l"ls‘n\)‘nl r[‘h"!h-\ rLLL I FOR\I .\TIO\ I Tik can be Installed { IN WEEK’S COTTO | Cokt’ Ainished goods 96 ao2) | IDEQRoueit Slaltuation hae dnicte ATTENTION | h Butlding Planaed. CURB FLUCTUATION = Yances of credit. The clearest picture | {001 (3 aialting the asducl Tt | The current §10,000,000 building | Disposition Seen to Take Profits on | furnished by the record of the retail | CHAnKe in the German governme i m does not include the twenty- | tEud per cent or |and whether new proposals of peace INVESTORS SHANNON - & LUCHS 713 14th Street N.W. stand at nt would seem to be|tinue to maintain the absird pr gages on real estate in the beyon 1g in downtown New | 3 Long Contracts—Some Selling e - ¥ o from Berlin will be met by any con- i i etd Wil 1. | Other Stocks Sway, But Without = 3 more dhead of & vear ago. und by the | cougion from Paris, Those who believe | s and for i TEEe for a Reaction. bl e feeiny Mani T | that France, on the pret-xt >f hold- ” Since 1906 ! There will| Any Individual Imitistive—In- | v voRk August 18—The two| the history of the country. ing out for full reparations. is really —If you have money to invest, e i carrying i NE . Augus - iming at crushing Germany, are vers B i > L i level. B dustrials Inactive. [factors most discussed in the cotton | Ol Regarded Weak Spot. | Skeptical un this score. Meanwhis ||| WY mot have it secured by MORTGAGE DEPARTMENT i 4 foundation work has a market here during the past wcek| A summary of the facts as they|French writers and politicians con- first and second trust mort- | ready begun, but poin have heen the general reports of 4 furth Y 7 build- that no general causes of depr | tion that the decline in the frane 2 - Purther progress Wil depend on butld: |y e avrtated Prose rapid_detertoration in erop prospects| (Nt o KEneral tauses of depresston | Hon Ahat e o ia dun t Britian |[| National Capital, where values g Conaiton s in e ted to/cens || 'NEW) YORIS Autust 18—The most fon the orio disd,_as’ apposet ito] the | congitions in a dozen erha wanipulation. They have nomming 10l are constantly increasing. We € 11 b e S s during | PTO> T ! eCe Of lgcare of lines are n but say as to how, in the na of the ! O s e Dlans ':"”“"4”‘ "":‘“‘k 2‘:':.\:::::';; n‘.;’ ,.',:, oW cotton l"" the "“,‘l""r No “"x" in the main body of industry matters | world outside. ‘the future value of are in position to handle or installation of six local switeh-lyne current week oceurre and Juncertainty has heen expressed as to 5., ing along saisfactorily. In|the French monetary unit = 9F jone cemtmall o e e enaeh N°%i | swayed back and forth without indi- :xv:-“"\:':»'l'&.t“'f.'fd 'x;rfl m’aal;-l‘«l-‘w‘v;; 'm;’,'."l doubt u"n'".. |'l{\rl\rlxlzhe ase lfih:;‘:- ist mev":rm :I 'h<lr°"I::;l‘r S improved real estate with || = these centrals will employ the ma- | vidual initiative. although in the |movement, unless there should be u i homw much more assurance, The sharp | nity sufficien & W guaranteed title. Interest at . o Siine typel et lishing ani o main the volume of trading wus|very decided improvement in v]r‘«ulx‘ = 2 6% to 7%. elg lng e vt ence the six local centr, - |demand. As a result of this feeling e St slightly larger than during the week |demand. As a result of this feeling Franci ‘The ultimate central office. i previous and prices exhibited more rancis A. Crawford, Inc. 1 .f'i"l al on e ‘.h‘r.; “vllrmr“""r i stability in the latter sessions. Most ?nrud\‘nrn-' i 2 S Real Estate Loans and Insurance i moaa W00 telephones, or more or a reaction. The decline : | Thar e at present in many | transactions centered in the Standard | S5, %, BCECQ R L VIS QERCTES, e ne | IONEY TO LOAN 903-4 Continental Trust Bidg. || ; : cities of 500000 population arly i the week, when laart o unotier, und Drices muade nes | it JOA? i HEN you consider all the evidence ad- Apansion in Other Cltiex. South Dakota state high- Righ krounds for the movement. with 5 Skt g Hlustrating the expansic commission’ announced it had|Sotion for October delivery selling| mitted on all classes of investments, A . at 2438 today. or very ne ed a large quantity of "d per pound above the low gasoline and would sell it to|ed shortly before the Iy gure touch- | publication of ON " Money to Lo Loan Becured by first deed of trust oo re i Prevailing interest and commi; 1l Telephor construce- | puthern E leased before Hurt buildin, ha your decision will be that First Mortgages any n the ningresn- ; - cavy | the end-july cro . This ad- : -~ : [ i afety. Hex in Atlanta. which Will be the | the public at 16 cents a gallon, heavs | (B _endrauis, crop figures, This add DISTRICT OF COLUMBIA AND oseph 1. Weller 10,540 & & head the list for safety wost office building in the southern! weliing of Standard shures resulted | nradrotie sobanicd by reports off ph 1. W s St & tos Hectric working ephone from |cotton goods, and some incyease of | mill interest in the raw materfal mar- | o add to the unsettlement came |kets, but the market was still more announcement by the Standard (or 1¢ss nervous and there were re of Indiana that it had |tions this afternoon under ren reduced prices for gasoline to con- |realizing Numerous dally rej form with the 3 rate, and it {from the south of unfavor was not unmtil the price in South |weuther conditions and dwin, Dikota was advanced to 20 cents per |crop prospects found more or gallon that a turn in the downward (confirmation in the private mid-month It is regarded in oil {reports issued by four or five of the andard Oil people will ‘trade authoriti These reports and on this as- |showed rather wide differences of experienced a |opinion as to the extent of the falling A good|off since the end of last month. and prices dropped anywhere from 2 to 10 points 1 equipment companies are t capacity in exeeuting tel- | cquipment and other order: amd present hookings | will ure | equal detivity throughout the A1 the Hawthorne works of the West- ern Electric Company, where much of The telephone equipment of the com- pany is ma 0 men and women, | or 5 per cent of the total workers_of Chicago, are emplo About 700/} trend catne. it il or e Pave haeniout onilCicstnatithe et vigorous rally on Thursd | But the evidence is still incomnlete unless you determine through which house to pur- chase them. CHEVY CHASE, MD., RESIDENCES EQUITABLE Co-Operative Building Association : 43d YEAR COMPLETED i Ansets . . 84,750,763 Surplus . $1,207.281 the 0il Company 5%29, Interest Will you select a house whose experience in this line is short, and who handles mort- gages as a side line, or will you consider the h. L. RUST COMPANY N.W eal of . T a 5 8 912 15TH S ¥ . . e i ¥ T e o e in o ns p L eat mmante 912 15TH STREET MAIN 6888 Join the Equitable and significance of our record of fifty-four years _ COMMODITY NEWS wa eIl unwasdiwhennCiwenliap, i rerasdedian aniimieation sthaclofier: { Save Systematically of specialization in this investment field? profenen T - o LOAN CORRESPONDENT FOR THE PRUDENTIAL INSURANCE COMPANY OF AMERICA influenced by |rather below expectations, and that ! ton of Standard Oils, although | the market was feeling the effects of ; & in these issues was not se |the reduction in the local certificated | flarge {stock which now amounts to slightly | As above stated, industrials did not [undsr 8,000 bales. «how much life, aside from the coal | WIRED STAR FROM ENTIRE COUNTRY | —¥ou win 8ad our systematic pan the most effective method of saving. Subscription for the 85th Issue of Stock i OSTON. August 18.—New labor | fuspes % P 1 wBORTON, v e er e "Hen iies, 12 2% 80| WHEAT PRICES FOR WEEK | | Beink niecelved ' Swartzell, Rheem & Hensey Co. o [opme oo emh calernes s Rt SLIGHTLY INCREASED | /f| Shares, $2.50 Per Month 727 15th Street N. W. 3t Lynn, and iBrockton Vorkersiare |on ol aatemi b cae it | ; wreparing o usic a 10 per cent wags |lessed « setback in the trend due to | e ! I |EQUITABLE BUILDING Merease. There s A shortage of leomplications jn the negotiations. | Chicago Market Affected by Report i By Teathors, and white the poten- | ot e o, Aas Nt thtertaimed | | MONEY TO LOAN i 915 F St. N.W. : Sl S AN e el | @ A s S I sonx sor. eosox. presiaen 5¢ Yoars Without Loas to an tavestor vent of capacity ieral improvement In other sec-! Other Grains and Provisions. [}] FRANK P. REESIDE, Secy. ruled chrcaco, fgures i the bond market and ON FIRST MORTGAGES i 15, —Potato DENVER, Col to [ ghipments from Colo August do this year August 1 ating prol vernment | ble sharp cur- | date approximate 000 carloads, as . s d”s of wr;;-m seeding in the | { ro AT ed 000 & i t States as E ] 0 o e e e e W EEK S BURTER BRICES | s e e e oy ! AT CURRENT RATES OF INTEREST year, the REACH HIGHER RANGE &5 en ‘Wien | this compared”with 6 cents In | wheat market here @ week ago., wheat morning showed gains varying from 1 to 2 a bushel, with corn ranging from 12 decline to a rise of DETROIT. August 15.—The Michi- :1d is expected 1o amount e of | Advance Is Noted in All of the to arloads. The 2%, oats 1al% to l5al8% up, and pro- zood size and frie nsects. The Major Markets—Quality visions at 37 to 60 advanc plum crop wil 2 per cent X Bullish effects of the official report, Normal. onditions are favorable | Improved 3 indleating - 155 per cont nedirtion b | v &£ melons { CHICAGO. August 18.—Prices con- | domestic winter wheat acreage. this - 1s._ |tinued to advance in ail four of the [fall were evident both before and MILWAUKBE. August e gte i h " . b e " 5 o v usana” dollazs will' besapent | D20, BULteE mreikers SUTRE, L0 ALr thesenort was lesned. and were All of the experience, all of the knowledge of modern for washing. crushing | cymed and surplus stocks of fresh |that the Canadian yield of wheat thi Ananci itions 3 P i ri s of rvisio ve and | handling machinery | Lutter were reduced. making neces- | season would be reatly diminished financial conditions 41.1(1 ,511 of the tried 1119_1]10(5 of supervision Compuhy. which has just the filling of shortages within comparison with earlier predic- | and accounting of this Company are utilized in the manage taken 4 long lease on sand and gravel e K e s tigns. Besides. word was recelved Tt mds Ioed B “ 0 s a C nts above vear's ' tha e wheat production of Indi S 5 o1 18. deposits at Burke. Wis e expecria (o' 900900 ment ot trust funds ged w PORTLAN ey & the fire 4 st | bushels less than the amount which 2 e declaed increaue T prices. age holingd Inoreksed; logs ithin i By naming this Company exccutor and trustee in your {250,000 pounds, against an increase ) products over those of a highly evel Shown here tod A further advance ‘"‘_,,1,":2,{‘;‘)’,,&""‘,4‘,‘:,‘:,“?,’; dusing the will, you are assured that every mleg\mrd of a highly-d S cent 8 P e amedien increase’ in Production was indicated | was Tooming into. vicw counted at : oped organization is being uti zed in conserving vour estate cen a pound. « are o 3% ‘or the near future, D times as a noticeable bearish in- H e cents a dozen Te U to 3 urare conditions ‘exist than last | fuence ‘In the market here. . Another | TO SAVE MONEY B B S year, when a drougth caused a de- depressing factor. ip that the |line in production abou: this time. . bl el French government would flatly re Quality of butter mld*hlfl" “f“k“ecl British suggestions regarding | during cooler weather whowed Im-ig settlement with Germany, and there provement, but the proportion of( .5 talk-also that domestic mills had | ancy butter continued very small and | 5% (0 F 21 e wheat they nesd. at | insufficient for trade requirements.|pregent. Meanwhile, export demand | Imports amounting to only 250 casks risCit Ficamiwhile export demand s ol D e un | domestic wheat which had heen pur- ported during the wee uEh | chased for Europe was being sold | 1.000 boxes of Argentine and some|y.cy in this count; H-a‘l'n“n:ev\;:s::l‘fle;:‘?:;"c::“szrm‘ Favorable crop reports eased the the peviod August 11516 for 92-score | Market for deferred’ deliveries of 8 5 corn, but shorts in_the September de- butter iwas: as follows: Chichss, Ml iivery were pluinly anxiaua aboat ob-| ATLANTA. August 18 » prices now being paid for tobacco in south Georgia, ranging from 28 to 40 cents a pound. have attracted large num bers of Carolina growers to the di trict, and the bright leaf acreage will be extended next season. L'OJIJI-L RCIAL 3% sumes AMERICAN SECIRIT AND TRUST COMPANY —having a definite object in view and being systematic. These two things go hand in hand. Saving is the shortest and ST. LOUIS, August ‘18 —The An- heuser-Busch Company has started a glucose plant in_one of its brewery buildings, which has been re-equipped of $1.000.000. The plant 100 hushels of corn sirup. TRUST heretofore had been looked for. Y’r;‘)sp?cl’I however, that, notwith-! standing 3 cents d L St likel Bl s s el TWO THINGS ARE IMPORTANT Safegu&rding Trust Funds ~ One hundred and fifty men will be |cent higher, at 43; New York, % cent 7 i e oye ] . ton, cent higher, aining immediate supplies. Wet .2 = | smploy T Philadeiphia, 1 cent higher, | Weather gave firmness to oats i surest route ta independence. i SEATTLIE. August 18.—The salmon |at 4 Provisions were lifted by somewhat | i packing season in Alaska is ended and the full-rigged ships carrying the )improved export business and by up- | turns in the value of hogs. Over a Our BRADSTREET REVIEW. pack now are on llh.-ixr \»:‘) to this —_— | 0 o port. - The largest single shipment of | ypw -YORK, August 18—Brad- CHICAGO STOCK, MARKET. | Quar 5 Pavkaraof the Northweat Fisheriss |Stjeers today dn CHICAGO, August 18.—Following is a | FIRST MORTGAGES ! 15th and Penna. Ave. Improvement is the keyword in a|report of today's sales, high. low and number of lines this week. In some | cioging quof 2 3 i Casos the betterment s a matter | Heshiyany 2tions at the Chicago Stock mainly of tone; in others, a fairly | Sales. . definite enlargement of trade activity| = 35 Armour of Dsl ptd. is to be noted; in others still, as, for| 73 Armour of Il pf instance, in prices of commodities, Commonw'th Edisca particularly food products, the trend is undeniably upward following the exhibition of last week, when the food index turned up. and advances and declines of all commodities balanced for the first time in many weeks. At the forefront of the im- provement is to be mentioned quite An enlargement of the buving of cotton goods at large eastern markets, which has been stimulated by the stronger tone of raw cotton, the latter of a Century Without Company. FORT WORTH, August 18.—Since the gasoline price war began & num- ber of independent filling stations have sold out to the larger producers and refiners in north and west TeXas. CHICAGO, August 18.—From $16.50 to §17 a ton is being quoted on steel scrap, but many grades, including busheling scrap, axle turnings, light forge flashings and steel car axles, have suffered reductions of from 50 cents to $1 a ton. GASOLINE CUT A CENT. —which may now be purchased on the partial payment plan, offer an ideal opportunity for -the safe placing of funds. B. F. SAUL CO. Capital and Surplus, $5,400,000.00 High. Low. Close. .F;RANCHES Ceqtral : 7th & Mass Ave. N.W. Northeast: ~ 8th & H Sts. N. 436 7th St. S.W. Sofithwest : Northwest: 1140 15th St. N.W. a Loss Mary Harlan has served as postmaster at Como, Mont., for nearly | thlrtz‘-fnur years. NEW YORK, August 18—The Stand- ard Oll Company of New Jersey, to- day cut one cent a gallon from the export price of gasoline, quoting 26.15 cents a gallon for Unitcd States Nuvy spacification’ in ‘cases for cargo lyts ®ud 12la ceamis a gallon i bully’ in turn. due to reduction.of crop es- timates by drought, and the slightly better buying of other lines of dry goods, such as woolen and silks, (he latter despite a rather sharp break in the wam muterials Weekly bunk clearings; $5,494,963,000, Main 2100 First Mortgage Loans \Lowest Rates of Interest and Commission. ; Prompt Action Thomas J. Fisher & Company, Inc, 2887 16t Stret ¢ 1412 Eye St. N.W.