Evening Star Newspaper, August 28, 1923, Page 23

' . A EINSNGINED Thli EVENING STAR, WASHINGTON, . <. TULSDAY, AUGUST 28, 1923. FINANCIAL. pE VR TOEND PO | e YORK CURB MARKET | [MIMENSE BUILDING | [ cormonmry vews 1 FINANCIAL CHADS e Received by Private Wire Direct to The Star Office ( = e 3 ENTIRE COUNTRY r f\‘ \ BY WILLIAM F. HEFFERNAN, ~ !;#I\'E he!nk llke"hlf;\';"rdls $50 a !);‘l'reh» i g = s e st tablis 2 W 1 z NEW YORK, August 28.—The rise | tanay when j& renched 47 = SEATTLE, August 28.—Unofficial i b4 Ky on the curb exchange today became The short interest in the oils were rel! le estimates place the prune - l g v N . com| o h ly . Legislative Action, Licensing] nounsta own on- ans sy some heh they tHied to cover. Phelr un- crop of Oregon and Washington at = Miners and Other Steps Money to loan on D. C. real estate. 1st and 2d trust loans made promptly. Usual broker- age commuission. See Mr. Robertson 9 to 10 A.M,, 4to6P.M. Francis A. Crawford, Inc. 903-4 Continental Trust Bldg. When Buyifig Our 7% First Mortgage Notes you get in adlition to absolute Safety of Prineiple, a prompt. courteous Service that insures your interest being collected and remitted the day due. All r‘::cm than on any day in ‘some [T A(R CHOY €0 O sed by reassuring summary of PI‘O]EOtS Shows }$0:000.000 poundg, this vear, with a|[jyidends Are Vanishing and atatements of the chairman of the arry-over of 10,000,000 pounds. As yh::::lhnu_\- all classes of slnLks.‘J-:'l:: of the Standard Oil of sNew How Millions Are to Be spem export demand is light, growers and Production Fa“ing | R =T — in the upturn. Mexican oils wholesalers h ined | - 1 laced on th o aymge 7 o 1 to 3 peints were ave joined in a cam our loans are placi n the and Mexican government bonds w. Nomonsiofatram 1 O A 7 7 most conservative basis, less ies. > : ere | n:herous among tho Standard issues. o paign to improve domestic demand by » : Lo Among Possibilitie S asA Tl b e e e naugt e Eu A silene (B SinesSHEXDANSaN: 1| EAISR e Brervne domestis demend By Food Big Problem. oney’ to Loan |[ji then onchait e market - following reports of the virtual rec- |@ainst its ‘cloge latt week of 6% b Sl e September 10. ANY AMOUNT stracts go with notes, whether ognition o Mexico, Marland of Mex. | Li'perlal Ofl of Canada, Indlana, New . — Reasonable Charges on large or small amounts. Apply BY J. G, ROYLI _Tpecial Dispatch to The Star. NEW YORK, August 2S.—Gov. Pin- “chot's anthracite fact-finding commis- = York and Magnolia Pete also came |Special Dispateh to The St : 9 san] el e - spateh to The Star, PALISADE,Col., August Pick- | By Cable to The Star an1 Chicago Daily News. ch had closed last week at|in for attentjon. BALTIMORE, August 25.—The * ran up to 4, and the low-priced | Chicago Nipple Class A stock | 0 ing of Palisade’s great crop of B BERLIN, August 28—Inflation has can Oil was decidedly better. reached a new high for ](heJ e ;:"'D‘ of business activity and con-lperta peaches is now in full swing, {brought financial cho§ to Germany. Humphreys made further response 'rl‘?lrumv‘:":r‘l:‘l;:ml‘yd;-} p:.l;‘c&r:l (“‘flf ""’l on operations throughout the{and wil! continue for two weeks. One | Wages and prices have increased 3 Quivs south goes on with accelerating pace | hundred and fifty iced refrigerator |faster than the natlonal economy Sion is functioning briskly today, but | FEmPhreys made further respon T K4 m aivi act stands out without search— ement tha a- | dend, which is equivalent, to 15 cents s . gne Mact istands out ol tions for the sale of the company to|a share, a dividend of 3; per cent[%Rd on a scale that indicates thatlcars are here for the fruit. The pick |could adjust itself. There Is a scarcity “that is, that the anthracite miners arei the Pyre Of1 1 S p a vi thi deti 3 had been closed. The [on account of accrued bank dividends, | this séction is setting a stride for |y ; 5601000 boxes latie z . tamps. | “fully prepared. to drop their tools| price at which Humphreys is said to|which is equivalent to b cents a Share. | general business and x-onsuucuo"j:;:nxy,am‘mm to:dbout 200,040, ox o\’;:huy::;::c{;x:.l]l::lr‘:(l-.rbn:r':isrl:n:usle‘:nn‘r("v sromptly at midnight August 31 As al <o e socsuig . . b gy B eEnd consum. | NEW YORK, August 25 —Followlng e 01l Corp L ok uch as It has never before had | oppKA, Kan. August 28.—The |circulated daily. there Is not enough s ndicative of the magnitude of ilatest estimates of the Kansas wheat | money to meet the enormously in- e 5 Is an official list of bonds ina stocks % e Oil.... nd small, devoted themselves | traded in on the New York Curb Mar- 18 Pennock Ol these movements is a contract let injcrop place the yield at 16,000,000 ed prices. At th ti th Atlanta for el _ { bushels below the July state estimate | ®7¢ased prices. At the same time the or “tre ng the size of one gold ‘value of currency steadily de- Mr. O'Donnell, Loan Dept Amounts of $100 up to $5,000 available CHAS. D. SAGER 924 14th st. n.w. Loan Dept. M. 36 Trade Acee] American Finance Corporation Commercial National Bank Bldg. ‘Consequence co ers, large to studying just what action will be Canad o & Ref 27 Seaboard Ol .. ... possible for the Pennsylvania’ executive | BONDS |10 Southern & 1t of the offico bulldings In that clty, | 5F the teieeal Tormriment ot Axrnl. | (reases, but the German prices, par- | N ke Ut iminereiant operaioeACOn NS A ling i acke thos High.jstar. leox Ol & making it the largest office building | turc. The total is placed at 73,616,681 | ticularly those of food. keep ahead of | . tinue obdurate and decline to listen to AlLad. Fachers. So. - T oon . in the south, and coincident there. |bushels, the smallest crop since 1917. |the world market in Hamburg and pleas and arguments that they get to- Alum_is pew jThe corn yield now. ls figured at 125,- | Berlin. ' IT IS NOT HOW MUCH YOU SAVE NDUSTRIALS. With the signing of a contract for alg03.500 bushels. There is a lack of postage stamps. frmour Co Dl prd. 88 fifteen-year lease of a portion of that e Louts | Fo00 Prices are 2500000 _tim ridgeport Macl wi 12 EaiiBine o $4504E % ST. LOUIS. August 2§ Louts | creat us those in 1913 Nearly all Ung ut $130.450 per year for first |, 5y fiave agreed to loan $2.000,000 Rrit-Am Tob coup. 21l German cities are without unds. The Rrooklyn City R K. 10 five years, $135,900 for next five years {to the Arkansas Cotton Growers' Co- |reich will perhaps be compelled to Buda s ‘_:n'a l:"m::udm and $147,750 for last five years, or a |operative Association, as part of a|finance the purchase of food in many Celluloid total for the fifteen years of $2.085,- ' $10.000.000 loan to fnance orun localities. gl 5 it 5 \© c s c nother cause of the currency 500, the lessee being the Southernialso market the Missouri and Ten- | shortage is the selzures by the French +|Bell Telephone and Telegraph Com- fnessee crop fo the Rubr and the Rhineland, Last tpans g FORT WORTH, August 25—The|V¢eK 200.000,000.000 marks were Other Vast Project: Sandeeson” Ctommiseimn ®t Company, | taken mostly in Essen and Duessel- Jumping from Atlanta to Houston. |\chich handles wool and mohalr clips | 10rf: it was stated. | Tex.. reports to the Manufacturers |for many Texas ranchmien, have dis- | The Ruhr ix the large financial bur- | Record show that plans are under fposed of 300000 pounds of Wool, and |4en of the reich. Expelled railroad- way for the development of port|still have 130,000 pounds of mohair numbering 18,000, with their Am Gax & E Am Su'mta Tob Tls Am Rolling Mills 6. Am T & T 65 24! Anaconda s . g Anglo Am 0il 7las. . Ar & Co of Del 5lya. Aseo Sim Hdwe 6155 5 Belgo Can Pap 6s. Beth Steel 7n '35... Can Nat Ry Bqu is “gether. The majority of the coal men: ex- “pressed the belief that the power of coercian he might exercise probably gpuld not be brought to bear in time o prevent a suspension of work, no matter how effec ¢ they might be in waking such suspension short. Might Summon Leglslature. Gent Biea Ehr o \, "~ The governor has the power to call a Cit Sery Ty €011 wpecial session of the state legislature, 9 Cit Serv Tx D. ¥ submit to its members a message| 1 Col Graph 8 par cfs walling attention to the grave emer- 3 (uns Gas Balto 6s A #eney, and to recommend repeal of cer-| )} Peere & (o Thax. 1ain laws which would prevent imme- el LT BUT HOW CAREFULLY YOU INVEST Many invest in our FIRST MORTGAGES Congo'eum Co.. ... Dubilier C & Radio S el & Mann R R —because they are absolutely $17.000,000 to reduce the distance |ing steel seems to be $15.50 a ton. P S . Detroit Edison 6. .. facilities and industri a 3 . s—350,000 in all— - diate action or the passage of laws Bt and industries at the latter . i SHouaas familles—350,000 in all—must be sup Hix itie i = nAltions) awersior actihn Daion S place totaling about $20,000,000. These | ® ‘he Sanderson warehouses. ported. There are other expenditures 2 s . b “Che governor already has called atten- 1006, improvements will fnclude a new| DULUTH. August 28.—Minnesota {© sive resistance which popular sate, non»flucluaung m value tion to the extent to which public 975 “‘i‘:;;ll['"’ l’r"";"r Dl;u'l wl‘;rhr ‘s«i'&lo“\:‘l- officlals report receipts of anthracite | subscription fails to meet. Otierid o d vield a ¢pinion has been aroused and his rec- iy ely represent f cost o ,000.- | coal at the head of the lakes have urrency chaos has brought a se- v 4 - an 2 smmendations undoubtedly would have 063, 000, thotigh onl¥ $2,000.000 of the|totaled 1,600,000 tons, whereas tire |vere loss to German industry. Divi- Quart HNCRMleCranpadequaterictin, Kreat weight with the leglslators. 10014 {money expended this year is includ- | normal northwest” consumption here [dends are vanishihg. Workers are ULER 7 Sl y : One law which might come in for " ed in this total of $20.000.000; exten- |{s §00,000 to 1,000,000 tons for the|being discharged. Production is de- of o payable every six months, to \ ttention is that providing that a Daannx el slon of the operations of an oil com- |scason. — Railroads report substan- | creasing. Foreigners — particularly o 3 e o beat s e otk Inithe anthEsclte 1000.000; a grain elevator and wharves | e 1Vithout nroperti These licenscs are given ) 2 ::: o "t|ol o\"tvr u.odoo,ovn, and many | CHICAGO, August —Advances in 1 £ $230 i'ter examination b e workers co Prod Expts her industries and enterprises. the Pittsburgh market are account- S a 1.u.vrrufH.'x'(;mxln.?"lud“_".4;" it stands, Todd Ship . B The Tllinois Central raliroad has |able for the. better feeling In the | a Loss n ampunts of $250 and up. would prevent operation of the mines Lt Pre Snar oo {been authorized to build a cutoff |local iron and steel scrap trade. The | D e s it Retall| Candy. {line of 165 miles at ® cost of about |hottom of the market for heavy melt- lD A DOUBTED suard of state pollce and state troops Tidal Oxa Wayne Coal g WNaich the governor has power to call| 2 Union Ol 63 1 2 893, o, % P . between Edgewood, IIL, and Fulton, e | Al tor i |1 Caitea 00t bro - 2ol A MINING Ky, The company reports that it CLEVELAND. August 25-The Eric e w 3 7 A i Artzona Globe Cop business has outgrown its main | railroad, which has one Hulett and |Bj i i : _B F SA O i (xue:u.l...’ of Duex ‘“llil-h e H : HOBEMS lm“:;* 5 - l"explnn‘pl;u“. T double-track line and a third track |four Brewn ore unloaders at work | '8 FITms Unlikely to Reduce J . . . Another legislative act which deal- L Are i ... 99T 99Ty u oston Mont Corp. . was necessary, or else this new line, {on Its docks here, is preparing to i ertConsiuer RS i ol s 10 Ring of Xether 677 iy il 93] fre € Westers Jhich ‘will léssen the pressure of {install another Hulett, which will in- | Charges at Present, Belief aw prohibiting (he check-off of union Hepublic of Peru 8a. St reight movement upon its main line. |crease the ore handling capacity of | i in 2100 2 Eve S VW dues by the mining companies along | 3 Iissiun Gt e Connected with this enterprise will | the road about 25 per cent. | in New York. Main 21 1412 Eye St. N.W. the same lines as certain laws pro- 3 Russian_ Govt 103, Dolores be an expenditure of between $4,000,- o - - viding for holition of company ! 4 Swiss Govt Sigs . 000,000 and $5.000,000 for enlarge- | MARFA, Tex, August 28.—The High- stores. One prominent wholesale coal| 1 Swiss Gy 2 ment of terminals and shops, at |land Hereford Breeders’ Association | August 28.—With the dvaler today recommended enactment 2 U S of My Euteka Croesus Memphis. 4 {will ship 16,000 cattie in forty trains résult of the gasoline S L a orovialng tiut a1 Agbor| sies S rtuna Mines R {this fall. The livestock country in | ¥ e Bot _ unions, members of which are en- unts, STANDARD OIL e sy = | west Texas is {n fine shape and Lobo | Price war in the, middle west still gaged in the production of a basic{ 8% Angio-Awer Ol ... { par i Haltimore and Ohlo railroad Jand Hot Wells ranchmen, who last | fresh in their minds, it seems incredi- Commodity, must become incorporat- has bought 230 acres of land at East | vear shipped most of their cattle be- | ple that any group of manufactur & i g 1a . St. Louis and will spend from £1.000,- | of drough, are restocking B s P A cturersy 4 in th ate. This. he 38, Swon ureka P L.... e gm 3 JERuRS ofidcngl. arbiscaticEnE thetn like the automobile makers would eh- 000 to $2, 000 on en and other fmprovement ew York interests have secured | a Make their operationi: subject to in- 50 Hill ine terminal | canges. ' vestigation by public authorities, and uld serve to indicate to what use Galena Signsl Oil. 65 i T am 2! 5 lwp Oil of Canada. B Homes gage in a disastrous series of price 7 Hows Sound w cuts, And yet the story persists that e Dt 1 mins collecteaituiabES Tt PetiGa. AN 100 Independence’ Lead .36 control of a hydro-eclectric company SAYS wALL STREET s i & v i . Considerable pressure, coal men Magnolia Pet ... 1 Mason V in Arkansas and will carry forward | @ _motor trade war impends. Leading l]l said, probably cn be l:)ruuz'hl”(ni L A Esnes - ‘h\dlr(;-ulmvn developments at a cost | { companies believe that the story i } idvale tee an rdnance Lo pany bear on the operators through the new L1010 i m .. o {of between $25.000,000 and $30,000,000. | { e ounda i . mossible action of the state and fed- | e Oi & Gas. 8 B S Daenlel oy H0 {Included in the work will be a dam | SUFFERS BY SCANDAL | ¢ntirely without foundation. In thej Notice to Stockholders eral commerce commission to Tegu- | Mex Fuel.... RTIIE soon [225 feet high and 1,000 feet long. | {first plack, says the New York Herald | | - R s { Dissing .. i Premier Goid 3 1 Rtay Herenton Tn: 30 Rea HAl Florence Silver Qun Mine Co 00 S0 Kg Dy Al > Terk Hughes rie ' L. porting late 1ates on railroadss tran: 3 anthracite. Many of the executives | . 23 South Pen Oil.. .and representatives of the anthracite { 23700 8 O Indiana *onsuming states. who gathered in Southern P L his city todav. seemed to feel that O Keutucks some mo at least, the incon-| 1000 8 O XY new venience, suffering or loss caused by { 308 W Penn P L.... A strike 'wo depend largely on the | 1100 Vacuum 0l gew today, costs have increased slightly as compared with the earlier months and the margin of profit has narrowed. As a mat- some manufacturers de- are thinking seriously of | }"l'h— Tennessee Elegtric Company of i | Chattanoo, has filed applications | A | 6o . iwith the,Federal Power Commission | stock Exchange Official Declares o’ the rea ifor the right to dgvelop three hrdrc couseaiant electric projects i Tenne “Vultures” Have Cost Much ter ofla an aggregate capacity glane g : h e ke L ISR LT iniContdenios: advancing their list prices. The basis Over cighty-eight per cent oi ilic capital stock of this Company has already becn surrendered ior cancellation and upon such surrender shares of the Common Stock of Beth hem Steel Corporation and of the no par value stock of The Midvale Company have been issued in accordance with 3 Tonupah Extens i i . s 40 Tonopan North S | ability arriegs to hecessary | Sale ‘onopah North St ie sto: e dis N O hniReaciie Aiready mined | haiwds” INDEPENDENT OIL STOCKS. 38 Tnired Bamters I ine ay C) - e e c e i our notice to stockholders dated April 16, 1923, ind"bituminous at strategic polnts "o e o L 15 1y g s T [Raike Histwax Commissionsof Men, 5 Product at a price considerably below - PTREUS SN railoads how Were In | o8 tarih syid " i Son Taited Vere | T 1o the extent or $550.00umd bulld- 15, e Associated Press i Pxpectations. "This very likely i A regulaf quartcrly dividend of One Dollar and Twenty- shave to do this. { \e Seer Bosip 1 e % | Volusia county, Fla. has awarded| READING, Pa, August —One!| featiotidegigninEEand conseEuptiorias e Cents per share has been decl: by Bethlehem Steel Sofi-€onl Trade Boomn. 7 Creole Synd........ % | 10 Victors Divide M. (01 contract for a néw highway costing |crook can destroy the reputation of a | 6o T o T o brecipi- Corporation upon its Lommon Stock, payable on October e I i g Thaty | 1 Galt Onof Fa.. S0 o Wbt Tlan o110 I“‘“’“’""“ community faster than 100 men can |ate a irade war. X 1. 1023, to stockholders of record at the close of business Thauities Are being received from 9 Humphreyn O .0 37°% ! SLOG0,000 Hoslery MIll in Lint. jjuild it, Jason Westerfleld, director ! on September 1. 1923, In order that stockholders in this Company may receive this dividend dircetly and promptls it is urged that they present their certificates for exchang prior to August 31, 1925. z jarge consumers throughout New England. The Pennsylvania bitumi- nous mines are in shape to increase ~ production from to 40 per cent “if necessary without adding additional Ranger... A large hosiery mill at Chattanoo- |, ¢ of the New Y Stoc I&a has been purchased and 1 oaoio00 |Of Publicity of the New York &t dk in an ad- {will be expended upon enlargements of | EXchange. asserted today Ithe plant to make it hav « total |dress bLefore the Rotary Club. Market Flashes JMoor space of about ten acres e Wl eheds. Dusiet - ahopl Certificates should be presented at the office of Guaranty ors ‘quiring more freight s 1 A hotel to cost $1,300.000 h B ta L tate toRnNEnHIV:that : at Today’s Close buiie a Na el 14 10 b® lscandals aired in the public print ( Trust Company of New York, 140 Broadway, New York they can dump huge quantities of { 3 N Bradford ofl woi. 3% [""An Shononn hydro-electre plant i fAUFIng the last fow years show that | 1ot A% 2 not one but dozens of fi Arbuckle Brothers reported T D pthan, A2, extile {tures have nested in Wall street and | advance in sugar of 25 points to ishing plant at Cedartown, Ga., by {40n€ incalculable injury to the com e s the United States Finishing Co. of |munity by carrying on thelr nefari- New York. to cost aboue $1900.050.°7 {ous swindles i the name and guise Norfolk . Will - reeetve "bide lumey |of reputable finance.” he said. “The ! . September 10 for a bond issue of | Public has xuffered the loss:of a con- anthracite district who are in closest | effect that August production of 85555000 to be expended on port |¥iderable amount of their savin; touch with the situation are BUYS | Washington Gar Light Co—2 at 10 Willys Overland cars Is expected to|terminals and general municipal im- | 414 of confidence tn nearly all invest: in; surplus supplies of coal as fasl ‘Was v, El P y vi . | provemenis nents, w e ail stree as los! llsgth:_\"t ' induce mines and dealers | shington Rwy. & Elec. pfd.—10 at 701, | exceed all previous production rec-|P part of its most valuable business to deliver coal to them. AFTER CALL. ords for August. asset—good will and buyer confi- | I ! 5 i (‘or;‘mul:ingl'ral:iulat:mg and Record.fGROWERS SEE BENEFIT R S e i ng has declared the regular quar- | et g el 3 ton Rwy. | £ H it f the New York Stock x BUY $24,000,000 NOTE e terly ~dividend of 5150 a snare.. |N NEW FRUIT EXCHANGE !-'g:ng‘::" Yo 'several blue skv bills N i 212, $3.000 at Allled Chemical and Dye declared the | iwhich were submitted at the last ISSUE FROM OIL FIRM Fegular quarterly dividend of 1% per | - ; §f htehifeno ) saimiiteifatythoplast 2 el .. jeent on the preferred stock. Amer-|Perishable Products Raised in|declared that his associates had come By the Ascociated Press. . ‘;‘ /000 at 1017, Iican Can deciared the regular quar- to the conclusfon that f swindling | NEW YORK. Ausust 7 terly dividend of 13 per cent on the! South Can Be Handled to is to be checked we must still rely Loeb & Co., New York bankel announced the purchage from the \ssociated Oil Company of San Fran- cisco of $24.000.000 of its twelve-year 23 Omar Oil & Gax.... .67 soft coal and coke into districts af- fected by a strike. Word from mine- worker officials in_the Tllinols fields ‘states positively that there will be no sympathetic strike in the bitumi- Pous mines of that section Washington Stock Exchange.| reports from Toledo are to the SALES. " _In the meantime, residents in the MIDVALE STEEL AND ORDNANCE COMPANY, F. B —If you have money to invest, why not hgve it secured by first and second trust mort- gages on real estate in the ational Capital, where values are constantly increasing. We are in position to handle amounts of $500 to $5,000,000 on improved real estate with guaranteed title. Interest at 6% to 7%. Francis A. Crawford, Inc. Real Estats Loans and Insurance 903-4 Continental Trust Bidg. CAMERON. Assistant Secretary. nvestigate OQur List Of Apartments For Rent —and be relieved of the worry of apartment hunting. We have a large number to offer, well located and of pleasing arrangement. T s Is—$1.000 at 93, e ToL00 st preferred stock. Anaconda Copper ! upon th 1d-fashioned inethod of 64 1933—3$100 at 101, $1%0 | Company declared the regular quar- | Better Advantage. Nf..:re«,xl;.gn.».m{fle s ‘;unlslhinx it _{terly seventy-five-cent dividend. _ Bucketing and seiling spurious —— Special Dispatch to The Star. curities are. plain stealing, he said, Catl loans, 5 and & per cent. i 8 mer cent gold notes, due September New YVork bank clearings. $588.- ATLANTA. August 28.—Fruit and |and can be and should be punished | 7 ditlonal stock which the company | Bid and Asked Prices. serve Bank credits, $43.000.000. Los-|to be benefited materially by the op- i A ot ikt e hese apartments are in the several sections of the { Prevaliog interest and commission city and each has particular merit. Our rent department clared regular quarterly 13 per cent | CXCHange erected bl the Southern eph 1. Weller i, has every facility to serve you. for purchasing oil for storage m-d“ T e - acquiring facilities for that purpose. .‘m,;:,:fi e preferred dividend. payable October |iceek. This Institution I designed railway and formally “opened this | THROUGHOUT NORTHWEST 1 | oter als: ssue wi ton bank clearings, $46, 2 & S = E e the. anniuncement, uscd ECRIIC T “Allied Chemicar and Dye has de. | crition of the new cCincinnat truit ' TRADE SLOWLY ‘GAINING i | Pacific Oil Company. which owns per cent of the outstanding ted Oil Company. ! The proceeds also will go toward ;Am. Tel. 1. record September 14. to furnish better facilities for i | eau E $5 s = D r hand- | Special Dispatch to The Star. Sl B - s il s foR el A Sugar refining companies stocks of | /iN& Perishable products shipped from | ST, PAUL, August 25.—Trade gen- EQUI l ABLE | They vary in size from In price they range from TAOrEago0 Mack fbuer it ax anc | TennCal supariars el iedncedli Aul 0 SR AR TG et | oY CinousRouT e okt siil] Il one room and bath to ten [ <100’ 535000 per month toLne el be underwritten by th p one time this year there totaled over | 3 is slow, but signs of quickening are . oy 1. i $40. o $350. 3 nounced, will be underwritten by the G35 an e 905,000 tons. Sugar stocks held os | . More “than "one- thousand peach [in ‘evidence. Smail grains nave vir- ||| Co-Operative Building rooms and four baths. BERsmont about stock of the As.D: WALL STREET BRIEFS. $10,000,000 Loan Denied by Mor- \ gans—Railroad's Earnings. b SEa0e ales Gmal growers of Georgia will meet Wed- ; arves 4 < § £ | Resflay to make plans’for marketing {1e well under way. Buiding. cons Toledo reports current in lncal cjr-|Next vear's crop. which is expected | giryction is slow in the country dis- cles Owens Bottle Company Interedts | L0 exceed that of this year which |{ricty. but actice in the clties. Res- are negotiating to merge or purchase | amounted to approximately eight |igential rentals here and in Minne- Hartford Empire Company of Hart- |thousand carioads. Nearly 2.000,000 .01 have stiffened and September 1 ford. Conn., and Corning Glass works | YOUN& trees have been set out this| s geq in new buildings are from s to of Corning N. Y. Beechnut Packing | Year- 10 per cent higher than the level Company is said to hold large con- which has prevailed so far. “Dou- troling interest in two companies. 1 a aile Do compantes .| TODAY’S COTTON PRICES. [Plag ., is,in sosus aeain: ., 1 , N Association Organizea 1579 3d YEAR COMPLETED Ansets 84,750,763 Surplus .. Tetropolitan R. i i i ¥ | Pclomac Elec. 1st s, | Baiomas B e | Potomac Elec. deb, Pot. H. L. RUST COMPANY Main 6888 hington Gas axhington “l:'l-‘.lw Vi NEW_ YORK. August 28.—Officials & Elec. 5. m. 8 Governing committee of New York g o B I Dtwear Join the Ethble and T 0 o X of J. P. Morgan & Co. today dis-! e, it o4 | Stock Exchange will hoid special —_— men's furnishings and hats and cap: | Save Systemati ) claimed any knowledge of a cable re- | —— o meeting late this afternoon to vote | More Private Renorts Factors in |are marked by increases in orders; yst cally ] mort reccived in the financial district b, C. Faper Mg, e < %0 on petition requesting holiday Satur- £ for future delivery. ‘The State Rurat il "0 " STl ; That Bdward T. Stotesbury. a Morgan | Riggs Realty o' (long). a day. September 1. Petition now has Both Markets. Credits Bureau this week is begin- | ¢ in giurope, had offered | Riggs Realty be _tahort). 147 includi - i ing distribution of loans to farmers ||| the most effective metnod of saving. partner. now in fEluzape; had fOEred et Buorage & Sate Dep. 6.0 45 47 raman Hin uding twent SeVen| \pw YORK. August 28—Cotton EiE&id1aGibutioniof losne (i (asmars n improvement of raflroads and rem"-u‘:::gmf'n“l-u'; Hotel Baor . uy' ifuturex opened steady. October, 24.55; | mand appears less extensive than was Subscription for the i truction worlk i Pettibone Mulliken declared regu~ | December. 43; January. -2 Sxpected: & et STOCKS. llar quarterly dividends of 1% per March, 2414 May, 407 The mar- e A report was current in Wall stree 8 5 cent on both first and secol "lket was rather nervous and irregu- today that negotiations were under PUBLIC UTILITY. To0: nexatle Ostober 1 ‘,,""s‘g:;";, lar during today's early trading.| APPLE MARKET DULL. Way looking to the merger of the!American_Tel e R e 2 e e s i \ Commonwealth Power. Railway and | Capital Tract e R mar | ports of rains in Tesas and relatively = Eight Company with the United Lixht: Wastneon Sl dicsmnbont’ 1 2to * .. Stewart Warner Speedometer Com- | ®48y Liverpool cables. On the other | Virginia Sending Heavy Ship- Iways Company. Hodenpyl, h. Twy. & Elec. com. pany is dolng a big business and |hand, southern hedge selling was less v & Co., Inc.. operating managers |\ i Rwy. & Flec. pfd 71 | working at capacity. Financially the |0 evidence. while there was further | ments to New York City. for the Commonwealth, denied that'oTeminal Taxi Co....-nn 15 | company is in excellent shape, with | COVEring, particularly by nedr-month { consolidation was in prospect. H S ! more than $5.000.000 cash and securi- | $hoTts. Who are showing nervousness | special Dispatch to The Star. b % ties on hand.” The new $500,000 addi- | OVSF continued shipments of cotton EW YORK, August 28 —The apple ! tion to the plants should be ready for | 24t Of the local certificated stock |market was generally dull and slight- | occupancy next spring. which is now down to less than 3,000 rjy weaker this morning, except for i — - 85th Issue of Stock Being Recelved Shares, $2:50 Per Month EQUITABLE BUILDING 915 F St. N.W. JOHN JOY EDSON, President FRANK P. REESIDE, Secy. ON FIRST MORTGAGES AT CURRENT RATES OF ouis Railrond Company earned hout $2.000.000 during the first six! luonths of the year, President W. R. cole said today just before sailing on the Mauretania ior a brief European it. Fixed charges amounted to about $750,000, leaving $1.250,000 for Jividends. or the equivalent of a rate of § per cent on the $16,000,000 stock Qutstanding. bales. Istrictly fancy. large sized. well col- Dow & Jones reports Southern| The opening was steady, net &lored stock. The receipts of basket rajiroad system third week — Auguet | POInts higher to 8 points lower. and | fryj¢ were liberal. especially from {increase of $1.239.335: from January | October old around 24.60 during the | Virginia and Michigan. The demand { 1. increase, $24,067.61 ¥learly trading, or 6 points net higher. | was extremely Ilimited. Prices for b IR R January rallied from 24.04 to 24.10, or | A" grade two-and-a-quarter-inch i Mobile and Ohio. third week Au-|%|thin 4 points of yesterday's closing jana upward Duchess apples from gust, increase, $80.302; from Januars | QUotations. TWo private Feports were : western New York ranged from $1 to increase, $2,268,760 ¥|issued, one making the condition 57.1 |§1.55 per bushel basket. while Michi- | 4 iy el and the indicated crop 11,261,000, | gan stock brought $1 to $1.12%. CLOTH MORE ACTIVE e DVANCE IN S7 S e e Trdicated: crop, 11-630.000. | porekon Drines wage tholr st 28 o .7 and the indicated crop 11,620.000. nce on the New York city mar- S ! American Sec, & Trust.... NO ADVANCE IN STEEL. (NEW ORLEANS, August 28 ~Cotton DT odas andt solf at mostly $L6q | el 3 b utures opened steady. October, 23. be containing about eightee Large Users Showing Greater In-|Merchontsl BRo December, . 23.83; _January, =~ 23.80: | DoU ga~ & B . B t March, 23.78; May, 23.71. Poor cables | *Calitornia peaches in boxes contain- tetaat inpRrorket | Wastlngton and f:rlher[rllnsrlr;olhe.v‘v’el“l;“ belt |ing about fifteen pounds. all stock I3 a1 Dispatch to The Sta) SAVINGS BANK. caused declines o to points in ! wrapped, realized $1.05 to $1.90 for L YORK, August 28.—The cot- | commerce and Seviaga.......... 200 {the elimination of the twelve-hour|the price of cotton during the first!orange clings. while lemon clings sold Iday. New working schedules are|hour of the session today. The tone 50 ton cloth market today showed aiEast Washington Savings Bank. Drogressing amoothly, and there 1s ne | was steady St tha declige, becense |TTom 8 eents to $1.50 ver box. MONEY TO LOAN t Rondal F %jnu &6 SHARON, Pa., August 28.—Steel makers here do not anticipate an in- crease in steel prices as a result of Wabash Railway . 'We have an abundance of money 5% % Equipment i . v ‘om. Buuk... 303 z . creater interest on the part of large | Security Bav. and Com shortage of labor. | ome sections of Texas claimed thap Trust Certificates . WEToRler Gales, however, were scat.Seveuth Btrest = f VL5E3 and mot bik Thire was Some | Gl S S rain was dimaging open covon. | ASKS I. C. C. PERMIT. to loan upon mortgages in D L R T FIRE INSURAS CALL MONEY RATES. [ton quiet. middling, 26.45. futures Philadelphia Plan 5 able interest in sat-en. Print cloths were quoted as follows: 64 by 60, | Ameri 914 cents, and 68 by 72. 11 cents, ll.jon‘;r:n. o The orlental raw silk markets both | Kire . Kere and in Yokohama were slow, It Nstioasl Unioo. s!-;wn YORK. August 28.—Calliclosed smrelyb slenzt‘!yl,o g)‘ctlgbe;. 24.19a | Railroad Would Issue $2,000,000 morey firm; high, 51;; low, 5% ruling | 24.20; December, 24.10a24.13; January, rate, 5% closing bid, 5%; offered at|23.80a23.81; March, 2884; May, 23.83a in Mortgage Bonds. 6% last loan, 5%; call loans against | 23.8 The Oswego and Syracuse railroad | o . GUARANTEED Washington at 512%. Wabash Railway Company uncondition- B tated that little Increase in TITLE INSURANCE. acceptances, 41 time loans firm;| NEW ORLEANS, August'28—Cot-|asked the Interstate Commerce Com- | | aliy suarantees. pavment of nrincipal Dusiness iv expected until after Labor | ooy rite. . % mixed collateral, sixty to ninety days, | ton futures closed &teady at net|mission today to authorize an fissue! " eraement s Columble T = 5%abl; four ty six months, 5%4a5%; | losses of 29 to 32 points. Close range. | of 35,000,000 in refunding mortgage : ¥ i - prime commercial paper. 53. | October, 23.57a23,60: December, 23.57 | bonae. The company desires to pas | J| | o priorsale and change tn pri \\7 H S d 2 MISCELLANEOUS. e S a23.60; January, 23.52; May, 23.44. off $1,133,000 in mortgage bonds and | 1926—1938 maturities m. . Daunaers & CO. TOBACCO SALES HEAVY. Columbia Graphophone com. % FLOUR HOLDS STEADY. W ORLEANS, August 28.—Spot |retain the remainder of tha new is-| = Columble iraphophone pa: 3 - - |cotton. dail and unchanged. Sales on | sue in its treasury for future cavital §| to yield 514 to 554% ATLANTA, August 78 (Special).— | $0P Pl G V.. 5k Nine of the ten pin.ipal tobacco | erchauts' Transfer & Storage, i00 Warehouses in the nei Ceorgia grow- | Mergenthaler Linotyp s MINNEAPOLIS, August 28.—-Flour | the spot, 18; to arrive, 18; low mid-- expendlitures. » unchanged. Shipments, 55,103 bar-|dling, 23.50; middling, 24.50; good The National City Company 1433 K St. ction reported today the sales|{OUld butchh MArket coul..... prels. Bran, 26.50a27.00. Wheal, No. 1 mldg’{in:. 25.00; receipts, 1,028; stock, h I e fhan clght miliol pounds of | Mid Dutch Btarket.phl. northern. 1.141:a1.181;; September, | 16.822 ~ BUTTER IS UNCHANGED. Washington—741 15th St. N.W. this year's cro The price has aver- {Lanston 3 - 1.1413; December, 1.1713; May, 1.20%. —————— CHICAGO, August 28 Telephone—Main 3176 ‘ed around 25 cents & pound. the | Wesiriyion Market Corn, No. 3 yellow. 79a80. Oats, No.| ‘The higt ercentage of child |changed. Eggs—Higher; recelpts, nge being between 19.21 cents and | yellow Cab. 2 white, 343a34%. Flax, No. 1, 2.24}3a | labor in the United States i3 employ-[18.095 case firsts, 27a28%: ordinary 23.79 cents. - | oka-dividepd. 2.26%. ¢d in the silk industry, _.._ [lfirsts, 25a26; storage pack firsts, 29%. \ P . L