Evening Star Newspaper, November 11, 1923, Page 85

FIN W ashin gton Ba ANCIAL. nkers Planning City’s Biggest Thrift Campaign Commiitee Already at National Banks—Farm Loan Bureau Makes Report. The teaching of thrift, locally, which will be a part of a nation-wide campaign to be carried on beginning the third, week of January, will as- Sume the greatest proportions yet reached in t The District of Columbia Association will take an leading part in the camy “Thrift week” had ite With the flotation of the fir loan shortly after our « ry world war. 1 fostered for the purpose of perpetuating the move- ment. Its hing based on the traditions of Benjamin Franklin, the greatest exponent of thrift e world Thas ever k The Wash ing members, has already been i : cretary \' v and \dirman ¥ be gained from will react directly to titutions of Washing- city. Bankers tive and aign. ception into the hown ton committee, consist- representative »pointed. of the of twenty-five a Ha ¢ H the boi sener nes to in turn the en- répresent med Wh plans is they will sions, banks expeeted eful nefitting 1 Banks, rsu Fewer Nation es that ¥ nu 1900 to stitu- the na- noint o in recen here & num- major anizers con- needed. the controller to ommunities where having ditficulty of as weil of the being state th banks tances is This polic rrency eontry foll . bank tthorit ¥ Lean Beports on Banks The consolid t of con- dition of the d banks If any as to the ica they assurcd one i oubts natr 1d have Amer- been quickly could they have Zton cemetery to with uts of Washington pitid their respect to our heroes ¢ tomh of the soldiet Practicaily the the in ection t At a bean present witne . which the Boy and vicinity country’s unknewn first of with the Armistice the most si even in the carnestr evealed that boyhe 3 and that heart treasured strong recollections of that five ago when the whole worid rejoiced that the war was ende With op 49 Drum Corps leading. a lu Scouts, representir troop in Washins & Virginia and but the more than of the nation Myer gate to their wreath not_only and the neigh- Maiyland towns, 25,000 Boy Secouts rehed from the Fort the tomb and placed After fitting remarks by Dr. A, . Anderson of Calvary Bap- tist Church, of which the late President Harding wis a member, the scouts re- newed their pledge 1o God and coun- try with the Boy Scout oath, repeat- ed their twe laws, wers dis missed with “Tapr,” out Wilson Leverton of Tr This simple obser tice day has been adopted annual custom by tfe seouts, w as an hington the end of the first month of annua vancement 10 B Kelly, Stre At the Troop master, Church gin. T the' firat the past figurcd stron shest was - troop ar ve offered they have not the competition, unning now with first month's score sinc the advancement cup was offered. Troop 100, boys™ “Y,” winners of the cup last year and in 1921, are in second plice, and Troop 70 of Fourth Presbyterian Church, third, Standing of the leading troups is as follows 00p_16, 16.066; Troop 100, 10.81 921; Troop 32, 3.608: Troop Troop 40, 7; Troop 5. roop 71, 2 roop 74, Treop 67, 2 Troop 3. 2.214; 73, 2.204; Troop 91, 2.059; Troop 104, Troop 1.756; Troop 97, twenty 1 Toop rroop. 99, Thomas A. King, formerly scout- r of Troop 40 of Powell School, has just been appointed an tant deputy commissioner. Elles S. Middleton, scoutmaster of Troop will address the Wedne: day evening meeting of the scout leaders' training class at Georg Washington University this week. He will speak of the patrol method of conducting a troop and the ad- gox to be gained thereby. “SRip- folbrook will lead in the demon- of “line” games for boys per stra Worth E. Shoults, a graduate from the University of Wisconsin, has been appointed assistant scoutmaster for Troop 20. Mr. Shoults has been prominent in boys' work for sev- eral years, especially in Y. M. C. A. work, and Troop 20 is hénored in getting him. 2 Ferguson men leader of Troop 20, has qualified for four merit badges the past week, firemanship, craftsmanship, carpen- try and handicraft. Three new boys, Gilbert Hedges, Gilbert Wilde and Samuel Robey, were admitted to the troop the last meeting night. Phelps Clark qualified for first-class scout the past week. Every scout in the troop is workir, hard to win the prize offered the scout who makes” the most soints in the. ad- vancement concesi. First prize is two weeks at Camp . Josevelt next summer. At present Plelps Clark ana Ferguson Gemeny are tied for tirst place. GRAIN PRICES TUMBLE. CHICAGO, ovember 10.—Owing largely to a drop in foreign exchange with sterling at the lowest point this year, holders of wheat and corn did much selling today, and prices took a decided down turn. - Wheat closed heavy, 114 to 2% cents net lower; De- cember 1.03 to i.0314 and May 1.08%- 34 to 1.08%. Corn lost 1 to 13 cents and oats i to % cent, Provisions: The outcome ranged from 13 cents de- cline to 12 cents advance. Predictions of larger receipts of corn here next week had considerable 1o do with weakening the value of corn and,oats. Provisions, bearishly affected by the course of wrain, averaged lower notwithstanding ,that hog values were sleady. senior patrol t liberty | legated | |of the country. as at the clase of | business September 30, last, has been made public by the federal farm loan | bureau of the Treasury Department. | The statement shows total assets of 3434 47, with undivided | profits aggregatini $1,180,078 On the other hand the consolic statement of condition of th | foderal land banks, as business Septembe { total assets of § s, | divided profits of '$3,459.8 Bank President to Speak. )l Wade H! Cooper, | of “the Continental Trust | has gone to t Tenn wh he is scheduled to deliver an ad- | dress at Lincoln Memorial University |at the inauguration of Br. Robert ¢ | ville, new president of the university, who ‘takes up the reins today. Unlixted Securities’ Prices. The following latest “asked” prices for unlisted are quoted from the official Stc change sheet for the guidance holders of these issues BONDS, C president Company, of Asked. Army and Na Cosmos Club 45 . Cosmos Club 41y City Club 7s ... Metropolitan Club 414 Chpin-Sacks Citzens 8, Conne Christian Heurich Distriet Exchange Franklin Intornat Miler Munse N Na ual oual Hank Runk rain Coutrol... . Trust (V. ... pitol Sav nes B Northwest Sav Northenst Sy Park Suvings Potemac Savings Bank Studard Nutfonal Bank Washington Title Inx. Co Lw zton Hase T Wood; dy's Weekly Review, Weekly Review of Finan- Conditions in its current issue in part “Whether the short covering in the ¢k market was mere coincidence not, it probably facilitated the of the big 1o of erican me Londs. here nothing ring to investors @ buoy- stock market. Yet ubstan- ange has lately oceurred in th tica ition of efther the stoc ny of our leading in- Moody { cial t tial ¢ iat war Special business session Departmer nd, Monday night, 921 P avenue southeast; Col. James S. Pettit Camp, Tuesday night vania avenue southeast; cob Astor Auxiliary, zht, 921 Pennsy east; Gen. Henry Thursd night, avenue, southeast; Harden' Camp, Thursday night. Pythian Temple, 1012 9th street north west Pennsy John Col Wedn ania avenue south- W. Lawton 921 Pennsylv Lieut. Rich: Cam Admiral George Dewey Naval Aux- iliary entertained at a recept | banquet Tuesday night the ment president and staff and the de- partment commander and staf. cuior Viee Department Commander ague acted of cere- monies. A stand American colors was pr the depart- ment. Maj. Gen. Stephan, Ma). Har- rison L. Dieam, department comm dur American Legion, and mor | 200 guests were present. The Depirte ment Band rendered a concert | Past * Commander = Samme | Harden Camp, chairman of the mittee appointed by the department commander to work in conjunction | with the Department Band. held a meeting at the mmond Frid: s reached wh | be_reorganized and the system business would be placed upon the same footing as that of a camp. The artment Band | has thirty-five mes upon its roll. The committee meet with the band tomorrow night and plans will be formuiated and worked out for its best interest and welfare. A ruling was made the government can dra tion between lar soldier American pens n and master of silk sented to night reby A dec the band wo ion 1d and st week that no distine- rand a regu- d of Spanish- - decision was ccently filed. It by pension but Secretary Work of the In- Department’ reversed the de- had been refused iners terior | cision. | « The ladies of the Col. Pettit Aux iliary are to be treated to a compl mentary band concert by the Depart- ment Band in the near future, Department general orders No. 3 were released from department head- quarters by Adjt. Coulter. They call for the nomination and election of {new camp officers for the new year to take p during the month of December. The following chairmen of committees are also announced | Legistativ st Commander-in-Chief John Lew mith, Mi Camp; M morial day, Past Department Com- mand F. Patterson; Maine | memor Department Com- mander McCaffery; de- | bartment ‘memorial at St. Elizabeth, Past Department Commander Charl J. P \_\vln‘r auditing, Past Depart- ment Comm der Gustav E. Raus | recruiting and delinquent, Past partment Commander Jefe A. tello. and good anfl welfare, Dast Camp Commander Francis C. Huhn The ' respective * ehatriwen * g * éali meetings to make plans for carrying into effect question nd future Dy c Albert D. Al- general, Ralph and Quartermaster Gen: seco: 2 dance at the Elk o i Alexander’ Frank of Ohio were in | events pertaining to their commit tees. Camp adjutants and quarter- masters in receipt of semi-annual report blanks .will forward them to l'"" department adjutant, 911 Critten den street northwest, and to the de- artment quartermaste 2 I'l'.l.l 'Fl 1‘1"””“}“‘ £ i = "he Home for Widows and Orphan: United States War Veterans' Assoein: tion, will hold ccona Club Nov 2 Past Camp Commander Chaples Con: irier is chairman of the ticket come (mittee and Department Chief of Stafe Edwin Nolan has charge of the tiop. |ets for the department. The nomic tion of officers for the new vear. will ak. lace November 21 | take T 21 in G. A, R. Commander-in-Chicf corn and his adjutant | H. Carrol, [the city afew days last wee | {the interest of the otganizatim & jvisit to the White House was made | Where a complaint was filed ' with President Coolidge that the Spanish war veterans were being diserimi- nated against and received less in government benefits than any other j class of ex-service men and that Con. | eress “should enact a legislatire uhi piacing Spanish War veterans direetly under the supervision of the Veterans: Bureau and on the same status as i world war veterane, and in doing this his comrades would get larger sums for total disability and woulq be able to.get better hospital treatment than they now receive. At the next meeting of Astor Camp a number of recruits will be musc tered in. ——— Out of a single pound of cotton 4,770 miles of thread has been spun. Mrs. Nancy Brown, living near Knoxville, Tenn., has not been an ex- tensive traveler during her ninety- one years of life. Though her home is within four miles of a raiiroad. she has never seen nor ridden on a rai] road train. 3 W ork—-Eewer | | { of these reports, sylvania | depart- | pynths or 3 ; { bure residence of Chairman | P37 exam- | THE SUNDAY BUSINESSIN .S, TURNING UPWARD! Washington Officials Report Gains in Past 30 Days. ; 43,000,000 Workers. BY HARDEN COLFAX. Business throughout the - United States appears to have turned defi- nitely toward the better during the past thirty days, according to reports, on employments of workers received here this week by various govern- mental and trade organizations. The tendency toward slowing down in a number of lines has been checked, and, except for the situation in the textile industry in the east and south, the country as a whole, in the light was more active in October than September. Private observers here couple with the improved employment conditions the upswing in prices Iin the stock marke Idleness among unskilled workers, which first became slightly apparent toward the end of summer, is on the decreas In many cities, the reports tate, the surplus of common labor has been absorbed, except in the larger eit wh the negro work- ers who came north during the past months now are finding them- selves, to a considerable extent, out of work Labor Surplus Smaller. here there appear to be a eurplus of common labor to- © was ninety d o, ex- Pacific coast districts, the trend is toward ed employment uction is reported to have shown little, if an let-down. Reports from ev large city in the country, with few exceptions, tell of @ call for more skilled workers than found. 1n Philadelphia the of painters is reported as as in Detroit and C e~ the surplus of negro common labor is virtually the only surplus to port_among ekilled and unskilled ers, out No e day cept in cevtair and there as the even is Building cons the United States, how- oilar worker is more 1 the jobs to be filled Industries More Active. is a slight building construction, but the demand for common labor continues good, altimore reports the usual curtail- ment of ploved in_main- ce of Kk by the railroads. wise little unemploy- nent Sixty days on were a bit co endency to rest ivities througnou en ther wwo officials in Wash- d over the industrial ac- the country. The whi on which the, gov- ment charts the monthly situation h 1espect to employment and in- 1l activity had shown a swing- inz curve upward since the summer of 1921, It reached its peak, ap- parently, in May of this vear. From that time it showed a slight tendency to swing downward. September found the curve still hound down- ward, although the recession was ht hat rd sheets has been change for October. The upward again, indicating ral employment and greater Specialists here will continue upward will be virtually no next winter. Two ago they were not so about that 45,000,000 Workers in U. . { The peychological effect of the in- crease in stocks is regarded here as strong factor in creating a better tone to business. Various trade or- 4 working on a survey which, when com- pleted mises to be of unusual in- terest liminary figures indicate that the number of workers employed at the present time in the United es is nearly 13,000,000, This fig~ however, may be upset in the computation. In 1919, census u fig indicate, the number of employed workers was slightly in excess of 41.000,000. If the forthecoming the 43,000,000 total, it will parent that business is abo cent better than it was du vear of great activity, and that no- where in America need a skilled or unskilled worker o without a job, (Copyright in the curve is that it at there ployme sure ) final survey holds to be ap- per = that EX-DIVIDEND TABLE. Her 15— D L Ribhon Siiiis pf., q vr. d. Nuve Campty Coxhman’s Nors Cuxhman’s Sons, Cushiman’s 3 Decre & Co. pr, q.. Duquesne Light st General Asplialt pf. Household Products, Inland 1 g I Shoe pf.. mo. egett & Moy Ine Martin-Parr; [ Vittaiiirgh Steel e, ... Pittshureh Plate Glass ext. Stores. " (payable 'in stock) . e Line, d.. € Indians, tern Bros. pf. “nited Drug, 1. co. pt., ineering & D24 pf or 1 Apan Metals Co. pf., q....., T LIVE STOCK MARKETS. BALTIMORE, Md., November 10 (Special). —With the exception of calves and pigs the general live cat- tle market rules steady, with receipts ample at stock vards and most- ar- rivals by boat of ordinary grade, Which is slow sale. Caives, unless of choice handy weight, aré slow to move out even at lower values quoted, Pigs and hogs in only light demand, Quotations today at Light street wharf: (COTTON RECOVERS | dertone Beef Cattle—First quality, 1b., 7 to 8; medium, Ib. 5 to 6. Bulls—as to quality, b, 4 to 5. Cows—Choice to fancy, 1b., 3 to 4. Oxen—aAs to quality, 1b.. 4% to 5%. Milk cows—Choice to fancy, head, 50.00 to 75.00; common to fair, head, 30.00 to 50.00. Calves— Veal, ' choice, 1b., “12; ordinary to medium, 1b., 10 to 11; rough, heavy, common, 1b., 4 to 6. Sheep—Cholce, b, 5 to 6; old bucks. Ib.. 4 to #3: common, 1b., 2 to 3. Lambs—Spring. choce, 1b., 12 to 13; common, thin, 1b., 8 to 9. Hogs—Straight, 7 to 8; sows, 1b.5 10 6; stags and boars, Ib.. 3 to 4: live pigs. as to size and quaiity, 1b., 8 to 9 shoats, 1b., 7 to 8. NEW YORK, November 10.—Cattle —None: steady. Steer: 5.00a9.50; state bulls, 3.00a4.00; cows, 3.25a4.00; Calves—Receipts, 65; steady. Veals, 14.00a14. culls ande little calves, 6.50a7.50; grassers, 3.5084.00; Sheep and lambs—Receipts, 120 steady; sheep, 5.00a6.25: culls, 2.00a .00: lambs, 9.50a14.50; culls, 6.0089.00. Hogs—Receipts, 20, steady Light to medium weights, 7.50a7.70: pigs, 7.00a7.40: heavy hogs, 1.25a7.50: roughs, 6.0026.50; STAR, WASHINGTON, D. C, NOVEMBER RANGE OF —ip ey P, 1922 HER™ 'nr'lq " tive stock of July, 1921, up to Solid curve represents seetion indicat compiled by t 20 Wall Street Journal. The Year 1923 to Date on the Washington | rr The chart above shows the high and low : A ITQUAR. PQUAR_PQUAR. 4™UUAR. ' PQUAR. 2% g industrials and outline curve 20 volume of sales of all stocks. 123 ey by weeks, of forty representa- dealt in on the New York Stock Exchange, from the first week and including the week ending November 1923, rails. ‘Lower Averages used are those 10, Stock Exchanée. Furnk BONDS. 0—C. and P. Tel. of Va. 00—Wash. Gas 6s... oane 4.000—Ana. and Pot. River R.R. & 56,000—C. and P. Telephone 1st s 191,000—Capital Traction 1st 5s .000—City and Suburban Ry. 00—Metropolitan R. R. 1st o 000—Pot. Elec. Power 1st 53 000—Pot. Elec. Power cons. 5s. 3.500—Pot. Elec. Power deb. 68 600—Pot. Elec. Power gen. 68..... 00—Wash., Balto. and Annap. 10—Pot. Elec. Power 65, 1953.. 41.300—Pot. Elec. Power 75.... 146,000—Wash. Gas Light gen. bs.. 00—Wash. Ry. and Elec 00—Wash. Ry. and Elec. gen. 6s. 00—Washington Gas Tl4s 1,500—Dist. of Col. Paper Mfg. 6s. 00—Riggs Realty (long) 5s..... 4,600—Wash. Market Cold Storage 5 20,500—Wardman Park 6s.. Share: STOCKS, 3,327—Capital Traction ... 5,010—Washington Gas ...... and_ W. Steamboat. . 096—Wash. Ry. and Elec. con 1593—Wash. Ry. and Elec. pfd 25—Capital National Bank 704—Commercial National Bank 106—District National Bank. 16—Farm. and Mech. Nat. Bank. 46—Federal-American Nat. 27—Liberty National Bank. 57—Nat. Metropolitan Bank. ational Bank.. ist 5s. 00—Georgetown Gas Light 1st 5s.... 1st os.. cons. 4s. Bank. . tional Bank rights... Amer. Sec. and Trust... ] 389—Continental Trust —National Saving: 67—Union Trust s 45—Wash. Loan and Trust.... 424—Merchants' Bank. and Trust. 20—FEast Wash. Savings Bank. 20—Sec. Sav. and Com’! Bank... 20—Washington Mechanies' 46—Firemen's Fire Insurance. 100—Columbia Title Insuraice. . 41—Real Estate Title Insurance 1.483—Mergenthaler Linotype ... 2.015—Lanston Monotype urity Storage . 523—Washington Market and Trust. ed by W. B. Hibbx & Co., Hibbs Bldg. ‘or the year up to and including Saturday, November 10, 1923, High. 94 103 87 981 a8 50 90 985 973 371 10035 100 % 102 10714 9% Low. 92 100 57 96 921 £0 563 a7 96 9635 993% 9% 70 100 106 9213 69% 993 102% 80 91 95 99 1004 87 a8 961, 80 90 9% 4 1by the 351 1271 191 260 30 UNLISTED DEPARTMENT. §0—American:Com. and Savings Bank Mortgage, $0—Banking Trust and 250—Citizens' Savings Bank. #7—Departmental Bank ... S—Munsey Trust 200—Northeast Savings 46—Dist. Title Insurance 176--Wash. Title Insurance * Cash. [ | | curity Liverpool and Continental| Markets Buyers Here in Saturday Market. i cent N By the Associated Press. NEW YORK, November 10.—There were moderate recoveries following vesterday's big break in the cotton market. The volume of business was much smaller, and while advances were not fully maintajned, the mar- ket showed a generally steady un- on the firmer Liverpool cables and smaller private crop fig- ures. January advanced to 32.83, or 54 points net higher, and closed at 32.55, with the general market clos- ing irregular at net advances of § to 33 points. Private cables said the advance in Liverpool was due to a better trade demand and covering on brighter political prospects, referring prob- ably to the German situation. Other advices sald it was expected that Lancashire spinners would abandon organized short time after this month. ‘Hduses with both Liverpool and continental connections were among the buyers here during the morning, and some domestic trade buying was'also reported during the earlier trading. MAY ELECTROCUTE PESTS. ATLANTA, November 10 (Special). —Samuel Hibbin, manager of thé re- search department of the Westing- house Electric and Manufacturing Company, is here studying the possi bilities of eradicating the boll weevil by electricity. “The suggestion 1is not'without its scientific possibilities, he said today. ‘'Vast strides have been made recently in artificial ger- mination. TIRE OUTPUT DROPS. NEW YORK, November 10.—Pro- duction of tires during September amounted to '2,039,5681" casings, co; pared with 2,355,915 during August, according to the Rubber Association of America. Inner tube output total- e '3.254,575, againat 3,577,933 during August. Gillette Razor Most Active Indus-| 12 12 15 13 CURB PRICES SPOTTY. trial During Week. NEW YORK, November 10.—The market on the curb exchange during i ines as were followed trading _groups, in other se- many stocks moving up to higher levels while a o | taking and_declined. being Glen ew reflected liquidation and profit- Industrial is- ues came into prominence, a feature Alden Coal, which rose about 3 points to a new high record |on buying | stock being placed on a fixed 6 per December. | in anticipation of the dividend basis in Lackawanna Coal was also active and | strong, it I lette fluctuation: and there were fairly ransactions in Southern Coal and ron, without materfal change. Gil- Safety Razor had the widest in the.industrial group. large 11, 1923—PART 6. NMARKET AVERAGES DRy GOODS PRICES CAUSE OF CONCERN Possible Shortage of Raw Cotton Being Talked Over. Commodities Higher. Special Dispateh to The Star. NEW YORK, November 10.—A lead- ing feature of the week, following ithe sensational recovery of the stock ymarket last week on the United {States Steel Company's extra divi- ,dend, was the disquietude in the !cotton goods situation. | Already more or less stimulated by bad weather and boll weevil damage, the Department of Agriculture re- ports deepened this feeling of un- rest. The | its pre- department reduced 767,000 vious forecast by about ales, the indicated vield being iplaced at only 10,243,600 bales. This being the third short crop in suc- ssion, stocks of cotton are so low as to indicate a decided shortage of raw material. Steady Flow of Goods. With the publication of the Depart- men. of Commerce report, prices rose in a sensational way on the ex- changes. Further advances have since been recorded. “Manufacturers of parel,” says the Dry Goods Econo- mist,” “are following, in their pro- ducing, the policy to which retailers here so closely in their buying, avoiding making up goods for stock or anticipating the demand to any extent. Thus there is a fairly even flow of such merchandixe from fac {tory to retail store and department Commodity Prices Gain. Commodity prices during Octob it is now clear, showed a gain over September. The gain was slight, but was there nevertheless. Kight commoditics declined in price, five advanced. The five groups of com- modities which gained were pro- visions, textiles, live stock, bread- stuffs and oils. According Department been change: women's ap- to of the United Labor, there in the retail of food in twenty-six out of fifty- one cities. In thirtcen of these cities the change was to slightly higher levels. This survey shows that food now is about 57 per cent higher in most cities than it was in 1913. There has been a s nal decline in building and other outdoor occu- pations, and industries dependent on foreign markets have shown a slow- ing up. States have cost “ JAPANESE ORDERS HELP STEEL TRADE Metal Review Shows Rather Light New Buying—Turn: for Better in Copper. By the Associated Pre: NEW YORK, bef 10.—New buying in the steel market was com- paratively light this week, the most conspicuous business being an award by the Japanese embassy for a con- siderable amount of black sheets and corrugated and plain galvanized sheets. There were good jrospects for future business, however, especial- 1y in the way of rallroad equipment and from automobile manufacturers and structural concerns, but there was a tendency to await price de- { velopments despite a show of firmness manufacturers as to figures | for the first quarter of next year. Pig iron ontinued quiet, with pro- | duction further decreased and prices steadily held Copper was more active and firmer. | Besides improvement in wrought cop- per and and bronze products there wa better demand for the 4 unwrought material and more export | interest shown early ir\the week. It believed, however, that a well sus- ined if not a further improvement in demand will be necessary to pre- j vent accumulation. Sales for dom and foreign account since the begi ning of November are estimated at around 65,000,000 pounds. Tin ruled { higer on an active demand from deal- ers and operators, stimulated by the sharp rise in London and a firm sta- tistical position. Lead was firm and unchanged. De- mand was fair and well distributed, and jarge producers are well booked for November. \ Zinc, while somewhat unsettled, was generally steady, with a better | consuming demand, mostly for nearby shipment. Antimony continued its upward | movement. Supplies are light and {ittle is being offered from China. ! —_— | BUILDING PICKING UP. in- increase in business | cated b: activity is indi- a report today compiled by Straus Company from build- ing permit statistics from 262 prin- cipal cities of the country. The report says that a gain of 32 per cent is shown over building in October, 1922. Eastern cities are shown to have a gain of 26 per cent over last October. ntral cities 46 per cent, far western per cent and southern 7 per cent. COTTONSEED OIL LOWER.. . | NEW YORK. November 10.—Cot- | selling at 246 ex-dividend and then | ;ncceq oil declined 10 to 16 points advancing to 254. FINANCIAL NOTES. NEW YORK, November 10.—The Marshall Field Company says current wholesale distribution of dry goods was larger than last week and same period e 1 Tennessee Coal last year. Collections show onsiderable improvement. Southern Railway placed an order or 50,000 tons of steel rails, of which and Iron received 40,000, Bethlehem Steel 7,200 and Tli- nois Steel 2,100. 4 Amoskeag Manufacturing Company reopened reveral mills, which will af- fect 2,000 operatives. Regular_California Pete and Atlantic Refining have declared regular quar- t erly dividends. under scattered liquidation, induced by reports of cheap offerings of com- | peting articles wnd the downturn in |lard. Prices rallied a little from the ]'lnwfisl in sympathy with cotton. Closing bids were 6 to 11 points net lower. Sales, 5800 barrels. Prime | crude, 10.25 asked; prime summer yel- low, Spot, nominal; December. 11.60; March, 11.72; May, 11.84, all bid. | YARN PRICES HIGHER. | NEW YORK, November 10.—Cotton goods were quieter today, but prices closed firm. Yarns were firmer on a new high level. 1y for spring. burlap and An, improved trade in linens followed lower Inspect Today 7 FOUR BEDROOMS TWO BATHS BUILT-IN GARAGE ALL HARDWOOD FLOORS SLEEPING PORCH ELECTRIC REFRIGERATION PITTSBURG HEATER OPEN FIREPLACE AMERICAN IDEAL BOILER 1410-1412 . Ingraham Street Northwest " Admirable Location Ideal Surroundings C. H. GALLIHER 814 13th N.W. Main 2404 Open till 9 P.M. CHICAGO, Novamber 10.—A general | | Silks sold moderate- | FINANC BIG FLOWS IN OIL WELLS. Texas Fields Report on Recent Op- eration; Special Dispatch to The Star. HOUSTON, November 10.—The At-! lantic Oil Producing Company has | brought in its Kellum No. 6 well, at | Powell, with an initial flow of 18,000 ' barrels a day, while the Kirby Petroleum Company's No. 1 Fleming well also is in for 15000 barrels initlal production. October figures ' for the Powell field are expected to show an increase of two or three million barrels over September. TULSA, Okla.” November 10. — A slightly ‘larger movement of mid- continent crude ofl is expected to re- sult from the revision® downward of prices on various grades by the Prairfe Oil and Gas Company. The cuts amounted to from 15 to 50 cents a barrel, according to grade. ATLANTIC FRUIT PLAKS. NEW YORK, November 10.—Within | the next few weeks it is expected that the reorganization plan of the At- lantic Fruit Company will be made public. Plan has been approved by all of the creditors, noteholders, bond- holders and stockholders, with the exception of about 11 per cent of bondholders. This small minority has not object- | ed to the plan, but owing to the wide distribution of the issue it has been impossible to communicate with most of them. New securities will be is- sued and plan will become operative as soon as the few remaining legal details have been adjusted MONEY Kinds, 15th For trust motes and_com- mercial financips of WILLIAM B. WESTLAKE, . n.w., Washington, D. C. Money to Loan Secure¢ by first deed of trust on real estats. Prevailing fnierest and commission. 1 Joseph I. Weller {2 Wask L & Trust | FOR INVESTMENT MORTGAGE LOANS Denominations $100 to $6,250 Interest Rates 6,% and 7% All loans secured on modern homes and busi- ness property in best northwest sections of the city. Ask for Information ORRIS CAFRITZ CO: Mortgage Department 913 15th St. N.\W. Main 617 f Ii IAL FIRST MORTGAGES FOR SALE Secured on Improved Real Estate in the District of Columbia Denominations of $250, $300, $750, $1,000 and upward. JAMES F. SHEA 643 Louisiana Ave. N.W. Margin of Serurity We Demand to Safeguard Clients Investing in Our - First Mortgage Notes lusures absolute safety under any and all f§ conditions. Upholds also our established record of never having lost in elther principal or interest as much as a_ single penny. Guaranteed tities and insurance policles furnished with all notes. Notes of $100, §250, un to $5,000 Now on Hana For full pafticulars apply 0'Donnell, Loan Departmest CHAS. D. SAGER 924 14th St. N.W. Main 36, WANTED Bond Salesmen Experienced Only Interviews Strictly Confidential Call Room 109 1523 L St. NW FIRST MORTGAGES the ubaov AN Tosn L with fire Title 4. to Mr our utiornes made for col his ity connid shstantial in Flar BANK OF SOUTH JACKSONVILLE, SOUTH JACKSONVILLE, FLA. Established 1912. MR. EXECUTIVE! ‘Thoroughly competent book- keeper and general office man, credit _and collection experi- ence; honest, industrioux, con- seientioux, xeekx “man-size' Job. Address Box 294-A, Star Office, MONEY TO LOA ON DISTRICT OF COLUMBIA AND CHEVY CHASE, MD., RESIDENCES 514% Interest H. L. RUST COMPANY' 912 15TH STREET LOAN N.W. MAIN 6888 CORRESPONDENT FOR THE PRUDENTIAL INSURANCE COMPANY OF AMERICA In the Heart of the Financial District Southern Building Very desirable first-floor space facing 15th street, in this nationally known building, is now available for tenant of the required standing. Investment Bankers or Brokerage Offices This space and locat strong appeal. We suggest immediat ion have a particularly e inspection. Allan E. Walker & Co., Inc. 813 15th St. N.W. A SPECIALIZED Main 2690 STUDY OF THE INVESTMENT PROBLEM —has b quarter een our business for over a of a century. Experience has proven to us—as it has to many others—that conservative FIRST MORTGAGES Over a are the Quarter of a Century Without a Loss B. F. Main 2100 FIRST ideal investments for those desiring safety—¥ield—satisfaction. Perhaps you have some funds you desire to place in such an invest- ment—if so, invest in our 6%% MORTGAGES. SAUL CO. 1412 Eye St. N.W.