Evening Star Newspaper, August 6, 1925, Page 27

I'HE 'EVENING: STAR, WASHINGTON. D. €. THURSDAY," AUGUST 6, 1925 T = FINANCIAT RAILWAYS SHOW GROWTH {trac was esimated (o hase increacea | COAL EXPORTS PICK UP NEW YORK CURB MARKET | (BANK OF ENGLAND || commonrry mews 1 0 ATING INCOME |+ e e e e e s FIOK VP SAI—ES UF PUU'—TRY S i iof the carriers was given by the bu 2 Received by Private Wire Direct to The Star Of | ENTIRE COUNTRY | | Total of- $437.668,257 First Six Teau as $91,716,862, campared with Ballimore Port Increase. AT VARYIN PRIEES o g Againss 8303, [SS550510 for the same monih last | RALTIMORE, Aucust § (Special) | BY WILLIAM F. HEFFERNA! 143 cent d. Kay Copper was . u QIR R Eaas, Ageine- " [[car. Gross operating revenues for| gy iorts of soft coal through Battimore | et iarehi : !m?enwf&:: SHaet 3 Canario Above 1% ‘ NEW ORLEANS, August 6.—-More 355,622 in 1024. the month amounted to $306.812,500, Specjal Dispatch to The Ster. Wendeén above 4 and Newmont Mining buyers than have been here at an) an increase of nearly 3 per cent are beginning to pick up, as are al=o NEW YORK, August 6.—A confused | above 45. Mewmot Mining is a large o = one time for years are now laying in | June last sear. while operating | price movement characterized dealings | holder of Kennecott and would benefit Fall and Winter stocks at local whole- 3 domestic purchases. While the am 5.914.475, an increase | Class 1 railroads had a net operat i i <ported i - he fact that . e o | . { ’ st ing income during the first six months G B A some stocks, St. Regis paper brol | in. E d Mississippi 399 365622 bureau reported. operatsd at a lose.| on this side is distinctly encouraging others continued to bid up. The con- | sympathy with the decline of more crops in Louislana an aon. | With $392.365.622 during the same \} alf of 1925, 1uc il s it gt Local Market—Meats and clusion drawn was that the technical | than 6 points in Power Corporation of Charge From 5 Per | and depleted stocks appear responsl-| Lo ii.q last vear, according to com- ;ug;‘n:fl::w i '|lrlv; I n."nw' xw!,-:;;w £l say operntors Duai’!k;,n of the market had gnenwenk‘-,-New York. Both stocks have been 2 ble. pilations by the Bureau of Raflway ‘\‘RM 15401 the wentorn distiets When the threat of a tieup of the R i vi vi v erger - 5 i v trict dur inglish coal mines was at its hei Vegetables Steady. Sne stock afier Another, and the shece. | Fmbrs, 1o whih the. Iatter. o fom | Cent to 4 1-2. COLUMBIA, . C.. August 6.—The | Economics. o e T TR : - lative element appeared in no hurry | tioned. The former has a large stock | = 2 i first South Carolina tobacco markets| The pureau. which is maintained by | IN€ the first six mont “" B a1t thore vus Lo Tan to come in on the buying side. T | interest in Power Corporation. | | opened this week with sales light and |, "\ ,riers, estimated. on the basis | 2 .N¢t oper ',f“f in: j""”_‘”" ¢ el ”;,“‘.;.‘.‘ rupe it the temporary : A firmer conditjon of the egg mirket| The copper shares gave a good ac-| The \advance in other public utik {BY the Associated ¥ grades somewhat below standard. B o vatuat et ”"i:“.’-“r:::fia\,‘-:i),wi‘.d 59,632 durine the y-tlem o the Jabor dispute Enz was reported this morning. Pricesicount of themselves. The market, ap- | ities was partially checked, but thers{ LONDON. August .- The rate of = {roads, that the net return for the six | o aed 2 2 R P 123.038; com- | were the same a8 yesterday. but deal-| parently, was helped by -optimistic | was no weakness. United and in_thet ight and | the Bank of England. hac heen re PORTLAND, Oreg., August 6. | southern district. cre said they expected tomorrow they | statements from hegds of the industry | 1 - Jey L months of the year represented an | oo With $68 ned over a point. and United | Quced 1o 41, per cent from 5 per cen! | With only about twe weeks remain:| ynbyy vate of return of 4.26 per cent | P il eaking up of the anthracite ety hjher. (heaper e88® | concerning the outlook, and the fact | Gas and Improvement rose nearty 5 | Which. has prevafied since March ot |ing of the Spring sesson, the pack o | {AMIL TS 0 (I oF 826 Der welh | T e YO b At Ol ek the prac | are not expected this season that the metal is now established at | points to par & this year \hile the —monelary Chinook salmon fs 30 to 35 per cent| [y PUThe S VTGN TEMEREEE | pared with head O ik . i The poultrs market has been draggy g gt R0 0 0 POL lrlmnllon had eased considerabls in|short. of normal. Indications are {OF | jage' vear . - v coal fimd will strike in Septe all week, but an active demand is e SW YOR 02 g T & Gawn Suh ate weeks, indicating the possibllity | 3 general price advance. Tl b raads whEEEh L z S er has stimulate rehases o i pected tomorrow and Saturday. B A ey o l‘.nfli"l‘,‘.‘l 3 &lt Sorv new of a reduction in the bank rate, the| —— total mileage of 236.591, reported gross B BRI G S i e i v f All sorts of prices were quoted ves-|g o015 traded in on :the New ¥ork 18 Columbia Eond ket vas scarcely prepared for the| BOSTON. August 6.—OfMclals of|operating revenuss amounting to| PARIS, August 6.—Prices were, Trices are iic Be bigher than the terday. dealers stated. but good heavy ! (v Market today S | 19 Creole “Syng surprise announcement from the cen-{ pacific mills announce that a large 20,250 in the six months, an [heavy on the Bourse tod ST kol £ ThE £ ro it } chickens were quoted ai 33 and 34. Marke S| Them Gl v tral fnatitution this morning that thel rioine. "o SRELCEI0 0 et imate | BE 08 2R e A monthe, A e T I ant ronton S\ franc 85| are P 1 as fall approa Small chickens, not in demand except | Suleein Roxps, |© ADerty O& Re gMeial minfinun had been reduced (07 work due to the 10 per cent wage cut | per- cent, over the tame period last |centimes : £ 3 5 | by street venders, brought 27. Old|‘Bqysands. - e 1 Gihson OF Cor 4 Dbt cent have returned to work and a pumber | Poq ¢ B e ob Londonjiins tithcs ¢ 3 18 sold at 24 and 25, while old Leg-| 48 Am Gas & Bi 6. 322 B iy et |, Funds have heen steadily acoumu- i of new men have heen emploved to fill| ““Orarating expenses for the six |centimes CRUDE RUBBER DROPS 4 CENTS horns were offered at 25. AT Am R e TR s e TR !Jating in Lombard street through the | vacancies. Few jobs are left now. | months were placed at $2.235.847.700. | Five per cent loan francs 30 NEW YORK p o Very little change in meat and vege- (= 1 AM ko & Lide. 994" 880 | Lfonestar Gas | velease of ‘government dividends and — |a reduction of $35,436.440. or 1.8 per centimes Crude Tubber ) table prices have been reporii the [ ;1 Avseopds f. 183,01 7 Malasd capital which ordinarily is used in\ pDETROIT. August 6.—Work al|cent, under. those for the correspond- | ‘The dollar was quoted at 21 francs which cor ) ; past few days, and the butter market| 19449 G & E i sed % 1 Mex Panuco trade connections, but which new lc’,.md}. has been begun to change over | ing period 1ast year, although freight |=81s centime and 1 remains firm | A1o' Wl Y | Yount Prad’ ol largely dormant owing to tradesde. | g™ et o1 occupied by the | X Today's Wholesale Prices | iR R B | -3 Now sex Tan: | pression. This weakened the dif: “Buick Co. for the Fisher Body Cor- | 3 - in G4 830 %8, 10 Norinwiest | count market to helow 4% per eent fiE O[O0 B F T ke it the big. | inpne e il s Hig 1% | & Bennar onCorn for three-month bills. There hag also| g ((("lL hody manufacturing plant | re packed, 29.31 oo | been an inflix of gold to the bank | in(he world | ERs—Fancy, selected. candled & Red Bank Oil WATCH BABYS HEALTH 25t oS osa s Sopns ooty 253 22s 3822 3RRCS 02223822030 50 20 " Reiter-Foster Oil from various sources since the, re B el 5: @verage raceipts, S1nl | 3 fAr e 4 |17 Rovai a0 &R turn to the zold standard, due to con- | AND RAPIDS. August §.—The Poultry—Alive, Spring. . chickens, | JOCI Sery ga D 0. I 1834 afdu- | - 1585000000 | gerted action by the Federul Reserve | ., ement of furniture is holding out | 33a34: small, 27 Heavy fowls | °aConGas hafi'sa'k 203, 0013 98y | 10 San Ck Prad | Bank. the Gevman Reichbank and the | oxcolently and the importation of | ducks, 20a25; Feats, 40a75; tur. | N asi oz 933 AT s el | Bank of Fngland. arranged hy.the | .o hateriate by factories indicates | Gouse, 12035 trCamee Sortas v ed Al aded | GRS { authorities of those institutions when | (0 TEIEBaTR O, (EIECCS ar. { chickens, large. 35; =miall.33; turkeys: 10318 1038 10303 | Sk e the return to-ihe. gold standard. was i | 30: ducks, 20: geese, 15 | 105 1 105 | ) e TIRALS. 5~ nn. | DANE pianmed. z PHILADELPHIA, August 6.—De-| Live stock Calves, §15w101z; fambs. | (188 3z | Adivond o pi 1011, 1011 1a11. | The concession of half of” 1 per(mand for hosiery is zood. Mills malc | Spring, 14a15: hogs, 15 i Realiutgin | “MAmoeSlis fhn diw 4| cont ln e fale will be welcomad by ling fullfashioned and spriis needle U. S. Public Health Reports Show Terrific Increasc in Infant Meats—Beef, 17a18; feal. 13: Spring b il m Huwaiian §'§ | the trading communite zenernlly a8/ giockings for women and misses a * 5 5 7 4 lambs, 30a32; hogs, -2413a22: loins, : 015 “E%' N:%?.‘; 3Am L& 2:' 1 “ | for m;un: 1nother Mh.,m,,.. {,h'(...m Taticy: hosléry ,‘o,, men are hooked | Mortality From Intestinal Disease During Hot Weather 35a37: smoked shoulders, 20a5%; hams b o813 | Am Pow & I ord | conditions warrant in the near future. | 4 veral months. | : " ; . T B é i1 Corp fl;é lw';} a8 | Am Ravon Prod |~ Dibcourit “rated. Medte aditaten. o Do a-er several oy | “Summer is the purgatory of motherhood,” according to Report on Fruits and Vegetables. | Fonter Bon es®: 15110 1038 188 %.4 Am Sipernow B | meet the altered rate and.there prob-| ST. LOUIS. August 6Highgrade | Assistant Surgeon eral W. C. Rucker and Surgeon Cantaloupes—Supplies moderate; de.| SNy MR & 178 1040 1540 1084 G AT €SB L 31 | Towancen, on T deroes . 166 Licom $4.08:40 $8.15 & ton; Anthcacite | C. C. Pierce of the United States Public Health Service, "j"": "":“Ty';:‘*""'- S ’”m' for lfln‘;ld- 1 Norrig & Co 1037 1087 1087 K 8 AUFrult o 3 0. Lok has bean hoosted 50 cents a ton. | in a Supplement to the Public Health Reports. stock: fairly steady for noor s 5 New 5 i 24 G e 2 2 | California, Turlock section. Salmon| 3N OFPSseBias g0 o0 oe 24 Bala S 2V T 4R The' discount fate of the Bank of * From 12 to 20 out of every 100 babies born in the United e siandards, €09, best mosHy To0 < alnopd e dsiuoilry i g AT R R A | Eneiand wae raieed 10 5 per cens on| | ABOR DEMAND GROWS. | | States die during the first year,and the majority of these o Aol B o STPenn PAL hsD 55 981x PRI ART 2 Rwn & Wmeon B 1818 arch 5, confirmiing the action of the y LA BAREEY e ki l)’;h')']nnfl.r(\_n?.fr G Rt lpgi; Rty 1R Gon BIC i3 1%z |bank a few dave previously in rais = it deaths occur during warm weather. ard crates, ce size. 1.5 3 Pure 0il Co 614 2 e Gin Ale new A '3s |Ing 18 loan charged after an advance| BALTIMORE. August 6 (Speciall— e ibuti v o 2 2 i 3 U Sen pt B w1 r Lagh . ERY an A% S i) medium _ size, 2.00: Hedkts of Gold,| 108t RE1 bt o wilfo {%‘,‘,‘ L 18 Car b 135 135 | of the rediscount rate by the Federal | smplovment conditions here are much Th’.""“c‘s".‘ °°"'.“b]“"f‘5 caumfic given ’H’“’"""m’ fats, 128 and 13, 1.00; jumbo flats. 93| 4 SEAYIST §F p: 103 102 1ok 4 chamn Sar &7 48% 49% | Reserve Bank of New York improved over 1924. as shown by the feeding and intestinal disorders. any valuable sugges- R 5urcd from chart published by U 5. Pabic and 125, 1.25; Delaware, Pink Meats. | 190 Sia 678 £'ahi {83y 168 140 12 Chatieron & Son 3% 35+, | T1¢ was taken ss' An indlcation’ ‘at | et tnere were 7,454 calls for men'at tions are made for proper feeding, sanitation and general Heaith Service i chew pnalling increase. i the jumbos ‘and extra jumbos, 2.00a2.50; 0NV 6% 7T 10R1E 1061 1081 nd s S G 1 s’ hn S £ by . 2 number of infant deaths from intestinal diseases _ P e Sun O} Blys a71F 97 3 Com Power pf & 4 | the time that New York was the dic-|the municipal employment burea care of children in summer. & - ,‘ . ;!nurl!mx‘!t 36s and 45s, 1.5082.00:0 23 Swine & Co P 2 3 Com Power new 3 tator, temporarily at least, in mone-{up to July 1, according to Supt cl g uring hot weather period. i Sl 3 Com Power ri a s : on NLse. Tdeswey < sechion; | % 88 & Coms G0 Ralls ! el loreq| MeAllister: PN The mother should nurse the child for the first ance of baby's bowels as unimportant, or “only « % ot slesn vt | B Cont Baldin, B A eircles “ o) - vear, g ‘s sk . - N . B 2 J v ¥ 1.25a1.50: ‘few’ higher: uther seccions, | ] 1015 1015 | endion i £ B the higher bank rate aa a handfeap ta — s s LA et year if possible: if not, modified milk is the best summer complaint.” Salmon Tints, standards. 43s, ripe, soft. | Run g1 o 100% 101% | S Gont o Ine financing trade just when a turn for | for men, McAllister sald. This vear,| substitute. Keep baby cool during hot weather, P e TR S R 25a1.00, according to condition. | 4 100 100 # Cots In: the hetter was visible, but financial|so far, is below the “boom year' of | especially by proper clothing and frequent bath- stsign of boweldisorder the disturbance pcttuce—Supplics lmited; demand| H 98 o280 ).z JRENS Coci v interests explained ft was the best|1923 when %.670 requests for men | especialy ¥ Propetcic g dfig. should be immediately remedied. In thousands of poderate, market siightly - stronger:| i g% uEh poliey to stabilize- exchange by a|wers retelved during the frst stx| ing in tepid water. Give plenty iled water. homes Dr. Caldwell’s Syrup Pepsin isrelied on to Ney vk, 2-doz. crates, Big Boston 3% $ o8 | 1D'L & W Coal higher bank rate.and save the country | months. Againat requests for 7.494| Keep flies away from baby and all utensils used ¥ S o e daaiy s L Bk 2792 | Ag D o many-millions of dollars in the conrse { men received, McAllister found jobs | S inering it faodi N A it correct and regulate the bowels. This mild, pleas- ton. best Vingatyy 2.g0a.25; few. 2.50: | i 8 712 %, 1 o't K7 of Paxment of interest on the B for 6815, he said. ! AT PICDRIIE LS R e, ant laxative, free from injurious drugs, can be ity and cq , low as| 10 877 97 78, ‘o vie eht to America. B ini : 5 7 A Vs 1053 1 53 ro81% 1EI'84 & Sh oid’ | . A D d U given to even the tiniest babies with perfect Onions—Supplies moderate: demand S Webster Mill 6333 9813 984" 083 [ JAE BASh new co WITHOUT EFFECT HERE, | Baltimore Live Stock Loadings. epen on — safety. Stor ht. markel steady: Massachusetts. FOREIGN BONDS 4 Engra Pub Sarv { y. Itcan ought at any drug e, 100-pound sacks, Yellows, 4:5024.75. 14 Alpine Mont S 21 21 13 Fed Mot Tryek » S agme i | BALTIMORE. August 6 (Special).| » > | Andian a8y a8y 1 Fed Metals T Treasury’s View of Reduced Interest | _substantial increases in receipts| Peach Supply Liberal. DS 2 I Jrewe B ts s | ke |and shipments of Hive stock by the | r s wrashes = Suppiies Iibetal; 0 ,r’.:'x n"fi'i?'iw 7 83% fiu i sn-‘d P\?«it"(‘unn‘dn [£as ‘: "' PRes { Union Stock Yard Co. during July, | [ mited, market steady: North (‘aro 4 French Nat 7s ‘. 8010 5 Fox Pictura, | By the Associzied Pros as compared with July, 1924, were| ) lina, bushel baskets. Elbertas, large| 3 Srtat Cons P'otys a1 Hi S Erans B A M The action of the Bank of England |noted in the monthly report just| Rize! 2.5082.75; meditim,_ size, 2 1" B Fin 12 Qfi", AFIAI Flatm e R |in reducing its interest rate from 5| made public. The only exception in| Hibe, SOt Sl sikes | RS R ey 3 R e S per cent fo 415 per cent is not expected | the larger classification was in hogs.‘ hertas, large’ size 36 King Den 5148 wi 901 e Toe, Cream v officials of the Treasury and the| Total number of loaded cars re- 2.00: medium_size, 2 0 Mor Bk Chile 8148 07 1Gen G & E ov pt Federal Reserve Board to have any |ceived in July was 1,284, or 18 more | 25; bushel baskets, Belles, medium 1 Prov Santa F 281y | ) Gen G & E of A marked reflection in financial circles | than in the corresponding_month of | > = Siem & Ha 9315 3B Gen G & En A PO B T e, 2 50; few large size. soft, | 2 Siem & Hal 7s ‘33 1 7 Gen Outd Ad vir in this country | the preceding vear, while shipments H E FAMILY L XA |VE 1.75a2.00; medium size. ripe, soft, 1.00 0 Swies Gort 5 103 Diliette S R , | Attention was called that even with | totaled 430 cars, an increase of 74. | 5 11.50: Virginia. bushel baskets, Belles, | 3§ Thyssen T.& st 78 ot S G en ALden Goal | this reduction there still is a_spread | small size, ordinary quality, 1.25. | '5Torol Hy EP Z1aa 01 h6w bon 9 Goodyear Tice T of 1 per cent between the Federal| - SR . . = N >otatoes—Supplies light; demand | Salesin STANDARD OIL ISSUES, 13 ouid_Coginler A | Neserve interest rate for the Neyw | |[re— - — = — = — ht. market about steady: New Jer- | tinits A A OR °31, 3 8T R e R | York aistrict and the new rate of the | sev. 150-pound sacks, Irish Cobblers,{ ="} {07 oton 5 13 Happiness Cdv A {Bank of Englasd 1 United States No. 1, mostly 6.00. LA 1onon pia 3R S Hachiias cor.© The one-half per cent reduction ap- New lssue Watermelons—Supplies ~liberal: de. 30 Borne Scrymaer. 223 2o 9 Hayden Chem g parently occasioned little surprise at | |} mand limited, market dull: sales di-| 5300 Contigent Ofi: . 9315 4 8% Hom & Hardari. 83, the Treasury, where it was regarded ! \ rect to retailere. Geprgia. Tom Wat.| 75Gal Sif ol 0 {83 inn aan e as a further reflection of the fm- 0 000 ! sons. 34 pound averages, 75; Thurmond| 3179 Jumble O & R. #1% 6o% #0% Intl Conex 1 ¢ 118 proved financial condition in Great| I ’ ’ Grave, 30 to 32 pound average, §5a751| 2208 I 0N Cat ‘néw 57 e I Mateh € or sen | Britain- following upon the returs of 7 26 to 28 pound average, mostly 0. | T10Ind P L " 0 o} Bcean R C. o8 that country o a gold hasis | Apples—&upplies moderate: demand 30 Marnotia Peto " 1534 1338 T A 30 ar. a7 | [ slow. market steady: Marviand and| _ 30 Noithers P [ =1 Henviite 173 * 1493 16953 | = 4 | nc | Virginia, bushel baskets, various va-| N a6 821 Kalvinatar € 4 PSRt il y > B rieties, mediums.to. large sive, 1:368 e Q& ¢h g8 5 R L DO L DI IN COTTON 4 1,30: few fancy. large size, 1.75a2.00. 130 Solar “Befin” ol 218 3k Tandaver Ha € A 1 in 18 ATLANTIC CITY! NEW JERSEY .\v&d’ell pmxmni‘—bubnhfl\s Mght: “de- 20 Bouthern B 1 Hd %% Jebn Bk wi . 30%: 8% 128 lN OPENING MARKET | 3 z mand sléw. market dull; North Caro-| 60008 0 T, . - S 895 Ten row e Vi g b 1dn ! 138 3 . ¢ F lina, cloth-top. stave barrels, Yellow| 3008 'O Kansas 35 3318 FAhEh v St S1% 31 81 15% 1 s Varieties NorT ‘medhan ae. Sata| 938 QK 1% P PN 0 | k{2 B First Mortgage 6'2% Fifteen Year Sinking Fund Gold Bond 6.00. - 27008-0 N Y... ... 41 “&1 e e i 3 2 ’ i Biackberries—Suppifes light: de-| 80 8 Onbi: o1 o :lalh eI % Prices Influenced by Private Crop| || (Closed Mortgage) mand moderate, market dull; New Jer-| 2000 kacuum Oil. oo.. "8k i .38 ) Box o0 &7 T aa 3 2 ey, 32-quart crates, some wet, SOft.|Sals [NDEPENDENT OIL STOCKS | WOt i 88 Tath Report and Liverpool Advices. | To be Dated July 1, 1925 To be Due July 1, 1940 i 4.50a5.50. in hrds. i { W U pr len 107 8% | v | L TR | 3% Am Maracaino 19 a0 dvale-Co. o ;.’,’,’:?; Rally Shown Later. Interest pavable January 1 and July | Principal and interest pavable at the ;-wn(m!d:m« of The New York '7»‘.» Compaky, New York ( ——SCardinal Pete.,.. 3% 3% 38| e 841 179 - Redeemable as a whole or in part with accrued interest on any interest date on thirty days' nmotice at a premium of <% on or 102 BANK OF ENGLAND REPORT. = 7= — = iy i o . thereafter at a premium of 4 to and including July 1. 1911; thereafter at & premium of 3% to and including July 1 hereaiter LONDON. August 6.—The weekly Wnbhlflgtflfl Stock Exchange a7 sl By tha Associated Press. * 2t 2 premium of 24 to and including Joly 1, 1937, and thereater ai & premium of 1% 1o and including Ian 1. 1090 statement of the Bank of England SALES, 13 12% NEW YORK. August 6—Tha cotton Coupen bonds in interchangeable denominations of .$1,000 and = $500, registerable as (o principal on * shows the* follow ha s : 34 238 market opene relv steady today N 4 EANL S 3 s {3 Total reserve decreased 1.326.000. (% ar \-y‘u‘ii il P S <81l sa |quidation for reselling by some of g B o, A ilation increased 1.569.000, bull | Nasingion K & F.ge—e500 w703 R | vesteraa’s “buvers. Who' evident The Company agrees to pay interest without deduction for Federal Income Taxes not exceeding 2% : to refund upon S oaned Si%D0sodier gecilel s o0 a0l o e doou aruLy s Horth § v 1 121 12w :[.’,TI”,,',L‘?“,“;;S:Y‘ ot Dt o | due application as provided in the mortgage the Pennsylvania State Tax not exceeding four mills, the State Tax in e G I SR R R A e Nor States PC. 133 ¢ 12180 133™3 | op Teport estimating the: tonamr Connecticut not exceeding four mills per annum, the Maryland Securities Tax not exceeding four and one-half creased 7,284,000, notes reserve . de. Daeran S, LGS AL 025 o0 100% 100 13 | 858 and the indicated. vield 11,200,000 mills per annum and the Massachusetts Income Tax fot exceeding 6% per annum on income derived from creased 1.380,000, government secu 0 at 135 80) 0 at 137%. 10 I 15 ) i‘Z:‘:‘,.Cfi,“u’""iif;'.‘&h"“m» the lverlsfi the bonds and the District of Columbia intangible personal property tax not to exceed five mille annually. rities decreased 892,000 S % rious ates. The of BEnls e 381 38, | Offerings were ahsorbed by a re. | ot ; e 1 f Mr ‘ vocident of ¢ ” B abeob The o rizes s foll e G RE e e R 1 AR @84 1" | newal of covering 21 el o | For further particuiars :; reler to & leter o 1[( :uib v;v.:w. ;,m;’f s ]he c :-m\A . ich uwwl.ah : i per cent: last week it was 31.67 per ! 3 Penn Wat Pw (51 1880 or 10 points, and after selling off to GENERA| Shelburne, Inc.,, owns in fee simple the Shelbusie Hotel in Atlantic City, M . together with the hotel site cent Washinzton Gas Lizht—10 at 82 b M€ “,”1“: 25% 1034 103y ; 02 De"?l!\lher railied to 2438 with having a frontage of 130 feet on the Boardwalk at Michigan Avende and a depth of 400 feet, alco a lot Rate of discount, 417 per cent Shingion Gas Gro§300 % 1021, | ';;w r,,,:;‘;g-\-»,, % g 23R 1108 gensel ‘;f‘,:“‘;’;;r“;'gtg?g;f‘;;'fi; i mediately adjoining in the rear, 65 feet by 100 feet. The Shelburne hat an unobstructed view of the ocean i MONEY. : 1Purits Bak A0 447, abn a3s . I g 3 3 ; : Call loans—. an/li 6 per cent 55‘::;'; Bax pfd. 87 27 42" [ the firet hour. The Hotel at pregent consists of a modern building completed in 1922, facing the Boardwalk. containing 121 reems and SHORT-TERM SECURITIES. Bid and Asked Pri T Rem Ao d™ 40 38 20 | Reports of increased insect activity 121 baths, and an older section .¢ontaining 140 rooms and 90 baths. Part of the older building will be demolished and in ita | (Quotations furnished by Redmond & Co, | Idiand AskediBelon "3 - 9732075 1075 |10 fomme Pastern abd ctoteal section stead an addition will be erected containing 163 rooms and 153 baths; the remaining rooms in the older structure will be i ? BONDS. i e ol PR e i T ; modernized. Upon complétion of this program the Shelburne Hotel will contain 396 rooms and 333 baths. with extensive : Adirond, P i EORDISICIR TN 05 108% 1023 |demand was limited,-and after the| || dining rooms, lounges, sun parlors, etc.. as well as stores on the Boardwalk. The site will permit future expansion through | t Alum. Co | snsstcan mor & Telrasptes s ohie o e - a8y cjx‘; 285 |early rally trading became quiet. the ultimate replacement of the remainder of the older building and by building upon space now unoccupied Am el & g | American Tel, & Telga. 4% s 7 Son et LA B (1Y Prices sagged off a few points from =y s R 1 1 s & ARnacoida Copper fis 19" {Am. Tel. & Tel. cti. tr. Bs. Faou Cark. © I-150% 138, the best tunder realizing. but_other- SECURITY: This issne of $3,000,000 First Mortgage 634 % Fifteen Year Sinking Fund Gold Bonds will be secured. in g MO L TN AR B ofomas rusr. 5 P S%aMed a v 110n 1701 1184 wise there was very Hto pressure| | the opinion of counsel, by a Closed First Mortgage on all the land, buildings, furniture and equipment of the 98, 055 T Sl T 5. 2 1 o thma Boot. 48K B8N 394 |and the market was steady-at midday. . Company, including the new addition about to be erected. Upon completion of this addition, the property of the Company AP o Hamedr Traction noR. o AN - A Gt sie. 498 0L 104 I Décember @ulllig ek’ 2816, or subject to the lien of this Moftgage, will represent a value of over $5.250,000, of which this issue is less than SR% . This valu- h Rk P Bl | Gliy &, Subucan, Bu: 88| Hatmiecal B8 15, My within 12 pelnts of the best ana 4 ‘ ation it arrived at as followe: i of Lyons 62 10 7 | Georetown G Stutz Mot 13 i 8 . P f 3 7 Columb. 678" Tt ; | Eotomae Eiec. 1at 8.5 Semt e 1R TR 110 | eanly afterneon meoaonedtn the | I ¢ Land appraised by the Atlantic City Real Estate Board $1,725,000 § e Sotomas, 5 N | 35 s 2 arly afternoon. Trading w: uie AEELA . P § Font 7 is 10810 S o R ) B P e g e D s il bty N B LT Appraisal made by The Manufacturers' Appraisal Company of Faderated seml 72 Taai 1 i Wain, Alex! € W Ve, 5 H o "G Toh Prod Expor. 37 81, 1917 | prices around 24.16 for Décember or présent buildings, equipment and Furniture S 1,919,361 AL R B 1103 | Wash:: Biait. & Annap. o, % { 1%oda ship 32% 22210 223 labout 5 points net higher. New addition, alterations, equipment and furniture at.cost. ..., 1,615,000 Ei'on Corm. 22 jo2aciai s 10878 | Washington' Gas ba . D% 2 Ghinn Ghriade "' 070 180, 188 | New Yorx. auént '~ Biien’ tusures| Ml 3 § - 3 — - Lehizh Pow. Sec €. e if53 10115 | Waen! R & zen. 6s. 10213 e LN AECER A e 1;:;1!, 132 = Mo - . cresreees...$5,259,36 t M. stP 10823 | MISCELLANEOUS | A3tniver ple €. TN 337 B M3 s 5% 2400% i ide f ik i ry 1, 1927 Morrie "¢ & oz MISCELLAN i i 1 Vre Taik Macn T FR i 24% ober - . 3410 2980 240103 , SINKING FUND: The Mortgage wiil provide for a semi-annual sinking fund beginning January 1, 1927, to acquire by pur. N Sork Cnira' g’ 10 10, R AR R S a0 1 Gt b Thy 1 Th | TR ] g0 Hates : chase or call $50000 par value of bonds during 1927; $75,000 each year 1928 through 1930, Penna BOR Gi7in0 tolC 1pgn ‘jokal | Rieks Realir Be fahorti il 180 b 078 Waktem Fower.. R aos 30 | March LAy R B s each year thereafter. Interest on the bonds in the smkx;xg‘fglr;odoxgn be-»ulsed t?bpurdchtse or call additional bon sioclair C. O a8 1028 10 100 % | Southern Bldg. e 1n . 1 Western Pow nf. 81 a1 - 81 . >etober. ,83.02: estimated that the sinking fund will retire 2 minimum of §1, par value of bonds by maturity. Switt & Co 33 2813 [ Waan: MKr. Cold Stor. sa 93 1 ovnem Tow bf. 91 1 Opening: October. 23.02; mber, el € i = : Tidewater Oil .61 bt rdm; rk Hotel Bs.. ... 10 FR Spn 47% 0% 47 logdy 23.50° March, 23.87; f : sotei l_,,"w,‘{ RIRC 1934 [YamamBany H\";OGKS 3 3 Wilion pewewi. 13% 138 1 % BE44: et ES00% Sasch, nau Fhw b All payments due on account of interest and smlllfimz fund shall be made monthly to a depositary designated by the S Rubber Tiss 18 108 % S J 3 ‘G, i N ! Pri Fluct: Bankers, to be paid over to the Trustee semi-annually. Waatern Tnion 4 32 & g MINING. i New Orleans ices Fluctuate. | 3 y Wastingholi=s: E.&. 1061 | PUBLIC UTILITY. 1" 50 C o a0 Vigh v Z Vi ¥ 2 . - ®% amor. Tel. & Telka....... 139% [ 1R At Whnes A% %R 7§ R SR SERN Pt o EARNINGS: Based upon previous experience, the management estimates that the enlarged Hotel for the first vear follown FOREIGN EXCHANGE. | Gepat Srastitns: = S e 3L S T N TR e i e e e e ing the completion of the addition to be constructed will show earnings of $836,000 available Jor interest, i (Quotations furnished by W. B BIGES & | Xorfolk & Wash. 288 268 3 Jerome V Devel. 1 1" 77 “lbetter cables than due. First trades sinking fund, Fedéral income taxes and depreciation, which is over 4 times the maximum interest charge on this issue of h W. B. Hibbs & Co.) [ 3an, Rwy. & <. 135 §40° | 40Kay Copper Cor 2% 4y 3 Ve 1 point d p Seling checks | Wikt AWr. & Zeo 8% .| SgBsow Tt B ar” e Toff allgntiy- atier e oatt oo | | s : R o $4.8065° $ & NATIONAL BANK. 1R Zine A1 1603 1601 |tober trading down to 23.26 and De.| | PURPOSE OF ISSUE: The proceeds of this issue will provide funds for the retirement of the present sutstanding mort. eyl ol s | Nasonay Casital IROIUR Sinng 481 4% (331 |cember 23.48. Prices raflied iater on| || — gage indebtedness of the Company and for the construction costs of the improvements described Brussels. fran SOl & | ngl'wx-;'"m‘gmx& Wy 2] 1, ak E‘ .“;‘;"3:3"“{,‘6;.,;:""" v;\mm n‘ne ) above. The balance remaining will be used for additional working capital. x Rome. Tira. . Comme R o » o ' 3 27 ster! 3 r_moving up to | . = B, i Pitriets & Miechanic i7 Toneou wat - iy "7, 9%, [23.27 and December 2258 Moat of I MANAGEMENT: ‘The Shelburne will continue under the present ownership management which has successfally operated b sy iGAche Federal-American . . i 187Tono Min . R /4 5-. the trading was evening-up in ad-| | the Hotel for the past twenty-one years. Its unexcelled reputation for reom service and cuisine has M adri = 2 v Liberty ¥ 2 ! #1ni Verde Ext 23 23 vance of_a.Government report. ishi e i Vienna. crowr 0000148 | Tincoln 5 i 7 Unity Gold &0 An B e BOEY _ resulted in establishing a clientele of the highest character. Rudapest. crowr 00012 National Metropolitan.. | efWenden Copper. 41, 410 | New Orléans cotton futures closed steads | §i Pragie. o208 | Riges Er : | 2 ik at net advances of 5 10 9 points. | gl 18% | Second o . High. Low. Close * | i i s of 1l b the 1 of. M . Wei Walff & Satteri oo ] for the C Copenhag: Wash.. ..l 1 High. = < All logal_matters in connection with the isuance of these Ronds are subject to approval of Messrs. atterise, connsel for the Csmpamy, and (R o ixi Nat. Bank °;m,'fl‘1_ oy | REICHSBANK STATEMENT. |R:iobs AEKE | Vs T i 3 femrs. Townsend, Elliott & Munson, counsel for the Bankers. The books of the Company have been auditad by Ermst & Emst, Public Accountan's. | ¢ i =5 American Sccurity & Trust... 44 248 BERLIN, August 6§ OP).—The |$#noar N [ "NEW TORK, Augusi, §._p | Gootinental Jont- - -oo1s j8y 8 | Relchabankt xeport ‘as of “uly s1{Miy . I i We ofer these Bonds, when, a2 and if iswued and received by w, and subject to 5 K. August 6.—Forejgn | Merchants e <+ | shows the following changes i Ovening October, 23 ! ; 2 issvied b the | exchanges irregular. , Quotations - n | Xanonal sarines & Trist 300" | notea: Gold and. bullion Incressed | AL EL05 Hd: M | the approval of counsel. Injerim Roceipts of the Truste wil be issued in 1hs i conts: Great Britain, demand, 4853/ ash. Loan & T : 415 11,135,000, Reserve in foreign cur- | -0-30 K | frst instance pending prepovation and delivery of Temporary or Definitive Bonds." Pl ““;m “5"“4 on ball;!k!u SAVINGS BANK rencies increased 378,000. Bills of ex. Good Demand for Spot. i 4 4 5 ! 4R1% rance, demand. 4.70; cables, | o rares Savine: -....|change and cheques increased 301-|~LIVERPOOL, August 6 (@).— 4 £ 47013, Ttaly. demand, 3.6313] cables, | Bogt Washinkton .. ... . io-- | 669,000, Silver and other coins de. o i . Pri ; ieldi i ; 3 neton. ,000. -{ Cotton, spot, g6od demand, but L d 36a%. ~Demand: Belgium. : 4.5435: | Security Sav. & Com. 405" L craased 4:984,000. Notes on other | acesmmotiates Brices maag it busl: | [ 5 Price 100 and Interest, Yielding 6%2% | | Germany. 23.80..Holland. 40.15: Nor. | geventh Gtrest. - ‘i:l.(banks decreased 23.457.000. Advances |ican,. strictly good middling, 14.18: " 5 . ; F way |\_.4"- S‘-eden‘. 26.86; mnm-rlg, Washington Mechanics’ ++*+» |increased 38,668,000 Investments in- |good middling, 13.88; strictly middling, & 5 y 4 = | P \\] i r!gl:\‘a.ndn.il;‘ §p's_ln. r:“":' FIRE INSURANCE. oreased 74,000, Other assets decreased |13.63; middling, 13.38; strictly” low % X | Greece, Lof" Pond: 19%: Coethonlo: |l \orican .. : 2§ ... | 221,943,000, Notes in circulation in-|middiing, 13.08; low middiing, 12.73; | i . { yakin, 2.95; Jusoslavia, 180; Austria; | AT 1807 “iiil|creased 320,453,000. Other maturing |strictly good ordinary, 12.38: i Stroud, Kurtz & Co ) Redmond & Co I | bt ol oll | e vk, 1S IIL i7 (... |obligations . decreased 179,129,000, ordinary, 11.73. Sales, 5,000 bales, in: | §. B 3 P 3 Shanghtl, T84 Montoal aeor <18k TITLE INSURANCE. Loans from Rentenbank decreased |cluding 2,700 American. - Receipts, | i & Incorporated & | Shanghal, 7814; Monireal, 100 130, R - 164,000. Other liabilites decreased |5,000. bales; no American. - Futures| | % | 0. 7, 9 B » lumbia Title .. - wf idiig 68,700,000 Total gold holdings, 1,104.- [ closed steady. August, 12.91; October, | | ] A g - " . What Experts Bur. O DE 2T Decomber! 1108 Junuars 12k | | Bank of North America & Trust Company Trained investors always buy se-| = . :‘,L"‘“‘L“m“u FLAE R March, 12.73; May, 13.77; -July, n2.54. | |! ] curities that have & substantial loan its Trans. & Storage. 115 i : EX-DIVID: < - e . value. One of the surest methods of | Mergenthaler, notyoe - . 104 ip STOCKS EX-DIVIDEND. COFFEE QUOTATIONS I determining. the value of any stock | SaU Mige, & Inv. ofd. .. 7@y 0% || Datg Cororation, . ¢ Perihare = ’ | . ;s Re5 ki i= 10 seek a loan on it. If your banker [ 3i4 Buich Markes -0 & 4% | Ane: 7= \':"g;io‘. ioh. & Pitts 1 NEW YORK, August 6 (#).—Cof- f : We do not guarantee the statements and figures presemted herein, but they are taken from sources which we believe ta be reliable 4 declines to consider it as vollateral | Lanston Monotsbe G ; i : 83 Auk. 7— _Do.’pra. fee—Rio No. 7. 30%; Santo No. 4,1/ 5587 o8 | ANE I submartas moni sorp, 285, Futures firmt; Sepcamber, 18197} | sach share held. December, 16.23, = iy Storage ington Market. does not amount to mpch. Yéllow Cab ... 7 you can Festasstred-1ts mcrfi-hbmeyfi,'fl\{\