Evening Star Newspaper, January 17, 1926, Page 46

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JURKED CAATGES I CURB AR Specialties and Oils Very Ac- Thre Spots Are Noted In Week’s Finance By the Associated Press. NEW YORK. January 16.—A sharp downward revision of stock pri public offering of an un- THE SUNDAY ¥ AR, WASHINGTON, D. HIGHER STEEL PRICES Bethlehem Chairman Expects $5 Per Ton Will Be Added to = Present Charges. usually heavy volume of new stocks OF WASHINGTON RAILWAY BOARD !American Security and Trust Head Succeeds Ailes. Doolittle Replaces Coblentz—Prices of Unlisted Securities—Other Local Financial Notes. JANUARY 17, e Chief High |SCHWAB FORECASTS 'CHARLES J. BELL NAMED CHAIRMAN| 1926—PART 1. Spanish War Veterans Col. John Jacob Astor Camp at a | quartermaster sergeant, Jerome Ship- recent meetin ¢ing | men; color sergeant, Edward T. Davis to the rona e added the following| iy ergeant, Joseph S. Bladen. rolls of active membership: | “Richard J. Haden Camp No. 21— Barney A. Ward, Henry Collins, Commande: John A. G huster; James L. Montague, Samuel Hart, |senior vice' commander, William E! [ GouT QiR rade o Studebaker bility: Willlam Bottom, Willlam L. Semple, O'Neill; junior vice commander, Harry | J. Sherwood; officer of the day, Archer | }V;HEN YOU NEED A KEY need our instant duplicating mervice Duplicate Ke:, 280 Bring your locks to the sho) TURNER & CLARK Basement i 1233 New York Ave. Eciema Di;fi red Baby Sister’s Face Cuticura Healed My baby sister had eczema very badly on her face, arms and back It broke out in fine pimples that itched, and when she scratched the. affected parts sore eruptions formed. Her face was very much disfigured and she was restless at night. The trouble las:ed many weeks. “‘ We used other remedies with- out success and then sent for a free sample of Cuticura Soap and Oint- ment. After & few applications there was an improvement 8o we pur- chased more, and after using one box of Cuticura Ointment and two cakes of Soap she was healed.” (Signed) Miss Eula M. Patterson, Appomattox, Va., July 13, 1925. Clear the pores of impurities by daily use of Cuticura Soap, with touches of Cuticura Ointment as needed to soothe and heal. Cuticura Talcum is fragrant and refreshing, an ideal toilet powder. Soap 3e. Ointmrent % and bte. Taieum e, Bold ererywhers " Sampie. sach frea. Addr “Eilenra Laboratorie Deph . Balton, Mase® ‘Cuticura Shaving Stick 25c. nd bonds, and the steady climb of British and Japanese exchanges toward gold parity were the high lights of this week's financial mar- kets The reaction in the stock market By the Associated Press. NEW YORK, January 16.—Charles M. Schwab, chairman of the Bethle- | hem Steel Corporation; Russel C. was precipitated by the ey |1«eMingwell. partner of J. P. Morgan profit taking of traders who had |& Co., and P. Small, president of bought stocks in the closing weeks | the Amerlcan E: Co.. all were of the vear with the intention of |oninigie on the business outlook unloading th on the rise which = &3 usually the reinvest on their departure for Europe today ment of vear end dividend Mr. Schwab de red the price of rest paymen nd by steel too low and looked fo n rticul advance of $56 a ton .Mllurl_'. which n the motor shares. he considered would be a fair price for manufacturers under present operating costs. 3 Mr. Leffingwell said he had no fears for the future. Mr. Small said the company’s business was in a healthy state and would be without inter ruption for the first half of the vear. for 19 would exceed those Joseph M. Barth transferred for Lieut. Bishop Camp of Connecticut und George, Clotier transferred for Nelson A. Miles Camp. tive During Week—Coal 5 ]h. McLaughlin; trustee, Danie! Fole |adjutant, Howard L. Leslie: quarter. Shares Down. master, Thomas A. Hudlow; patriotic instruction, James J. F ul Reynolds; BY CHAS. P. Charles J. Bell, American Security and elected chairman of the board of the Washington Railway and Electric Co. | at the annual meeting of s f vesterday afternc s left’ vacant sever death of Milton I The only other cf quoted for the guidance of holders of these issues: | Army and | Coxmos Cluby | Metroy president of the o rust Co., was Bid. Asked vy Club B8 ... 3 G 138 g O tau Club K, January n the Curb E: wide fluctuations ind in many utilities, which by the mergers 1s by re ment of stock divi- | - .| LACKAWANNA RAILROAD HAS BIG 1925 SURPLUS NEW YORK. January 16 (). | TUPt Surplus of the D ware, Lackawanna | % S nd Weste 9257 i 12 ors Albert W serge: 0. Ohm; quartermast e nt, F nk \. Langa; color ser John Ham burg; chief musician, Fred Kasko Col. James Pettit Camp—Com mander, Frederick A. D senior vice commander, Adolf G junior | vice commander, Joel J. Yowell; officer of the day, Lemuel D. Jones; officer of the guard, Henry P. Daube: trus tee, Egbert W. Thomas; adjutant, James . Smith; quartermaster, | James M. Dean; patriotic inetructor, Samuel G. Mawson; chaplai G e | Mawson; historfan, ' Karl Adm. George Dewey Naval Camp|sSergeant major, Willam at fts lust meeting had a large at-|guartermaster serueant tendance and mustered recruit Peter or; color ser L. King, formerly United States En-|pin; color Einecers, into active membership. Past | nor Commander Robert (. Cox was pres Gen. Henry ¥ ot e e ent at the meeting after an absence of | Commande th Hibis ot | o assuey for domestic and forelgn | hree years on sea duty in forelgn|vice comm e North American intere R & juccon oo a6 £ | waters with United ates Navy. | junior vice to their past policy of uning fn | will show that all past records In|Geran "Tle Quesada ban Consui|Graves: office the background, with the result that | the history of Amerlean finance were | (4Yeleno De d a; Ll o Mr. Bell, a lifelong citizen of \Wash- [ shattered during 1925. The volume of | “4S 180 a visitor. s o ington and one thoroughly versed in [such financing totaled $6,867,240,823, ! ‘;urd;(k all its problems, was elected to xceeding by more than a half bil ) a position which he emiuently fits. | lion dollars the previous record which John M. Burgen. | istruetor. Lee was $6 085,941, set in 1924, s recefved by trans-| Iiduwin M. 4 reign Loans Total. amp. The applica- | Hilder; surgeon Barstow; Foreign loans ted $1,040, - shard, formerly 15th | sergeant, ~ Geos Schuhard 0, making the second time that the s Infantry, was recetved. | musteinn, T O Clifford billion dollar figure has been exceeded. da invited members and! z : 1| Public utility financing erc their families to attend a reception to| ¢ e ,,"’“‘;"- A s eolion doHeian be given the Commander in Chief and | Tandet, James 4. bt of $1,638,686.204. T | the Cuban Ambassador, at Continental et s | vestmient in { Memorial Hall, January 28, the & P ey per cent of 1424, versary of the birth of Joseph o 194 per cent of Marti,”an early Cuban patriot. De-| eaEay it 1921, and 370 per cent of partment Commander Belknap called | (6 Willtam, L e most striking of all inc attention to Maine Memorial Exercises | 208 B Hymson: quarterms past records was the increase in. at Riding Hall. Fort Meyer, February | SIO0SS V2 Tougherty, patriou financing of land and buildings, 15 Announcement was made that| SUcton Andrew J. i classification {8 now the third largest | cipe, C; T, Claverius, an active mem. | [f 1ugene A. Doler By orinacie lcans, belnS Sxceeted only| ber of Hexden Camp, whokwasianten | ot 1 Boanpn - RUBlc utllitlesianc mun | sien on the battleship Maine when it | Lol 2 n ths total was destroyed, has been appointed us | e against the 1924 figure of $335, the representative of the Secretary of | John Jacob mander, ¢ Ieldser = - ihe N vy at the dedication of the | WIVES WHO SHUN NAME Maine memorial tublet to be placed or <_"mn'lt"“"‘:y 1!)«‘9':“‘,( ard OF SPOUSE PLAY HAvVOC the monument at Havana ¢ vic ofticer of the da By the Assoclated Press officer of the LONDON, January burn: adjutant, quarterma John wives who refuse to bands’ names triotic in: ;B aries by the lain, Alfred E. Simond: Coyne; sergeant-major, quartermaster-sergeant, color sergeant, August profited, however, and passport bu-! Gertrude Willlams; chief of finance. {and chief musician, He reaus are large winners. { Mrs. Ethel Johns; aide, Mrs. Hannah | reuter. It is not safe now to send an Invita- | Weber, sentry, Mrs. Estelle Fowler; | General Emmet Urell Camp—Con tion to Mr. and Mrs. James Battle | standard bearer. Mrs. Annie Fielder Royal without looking into the social | delegates to national meeting, Mrs. Mrs. James Battle Roval! Mary Rink and Mrs. Josephine Yar. 3 attle Royal | horough. A leather hag was present | mander, Ivan W. Conklin; senior vice commander, R. E. Washb, Junior Alonc. | ed to the retiring chief ruler. Kath- graved | erine Baum. vice commander, C. P. \ officer 1 carefully count The joint of the day, Thomas A. Wi ofti cer of the guard, Ed old-fashioned theory that | January ed couples man; tru David : 5 £ood old V. n style.. Jenkins, with Department Adjt. Harry Wives who are willing 1o travel on | Couler as master of coremmnion omy amily passport issued in the name } past Comdr. John Gallagher as aide. he head of the family are rapidly | The following officers have been in., ving out of fashion. Even if they do | salled: wear their husbands® names they want | “Gen. Nelson A. Miles Camp—Comdr. A beparate passport, and that means | Print E. Shomette; senior vice com. extra fees for visas. jmander. Lorin C. Nelson; junior vice — . - 'r-ommuhder, George McAlear; officer of | the day, Alexander T. Jenkins: officer | NEW YORK DAIRY PRICES. | of'the guard, Robert (. Culin: trastes. | W YORK, January 16 () —But.| Charles W. McCaffrey; adjutant, A. Cream- {43: do., At the last meeting ghe following | were mustered into wton Camp James A. Austin, Willlam John ick, Sydney R. Jacobs, Gordon Jopp, C. E. LaDow, Warren L. Hommedieu, Joseph A. Larkin, Vincent B. Ledman, | John A. Barkle, Claude L. Pickin, Henry G. Porter, Edward A. Schlfi Stephen H. Talkes, Arthur G. Web- ster and Henry N. Weiseman. Past Department Commander A. H. League, in behalf of the camp, pre- sented the retiring commander, George Burdick, with a past commander's | jewel. | . 260 : 10 ! 05 09 ostia Bank bin-Siielks ks 75 v Sk 8 i 010 s Banl . 1o 10i pze consummated was the substitution F. W. Doo- little, vice president of the North American Co., which owns consider able stock in the carrier, for Emory L. Coblentz of Frederick, Md., who declined re-election Mr. Bell is the Jogical successor to | the chairmanship, and his election was o foregone conclusion in event | officials of the North American Co. | did not desire the pc The weight ‘! i | tmental Bank District Title Insuran Franklin National Bank ey Trust Co . 3 Capital Savinks B Northeast Savings Bank tive - ank . L wide lge & Lankdon S. Bk, The first complete report of Ameri- | n financing for the calendar year is contained in Dillon, Read Co.’s Investment Review for the cur- rent month which presently will be | nade public. A compilation of new | 15 obtained through the floating of | t of the vote of this latter concern, rep resenting more than per cent of the common stock and stantinl amount of the preferred d not, of course, be disregarded if the election had been contested. But it was not BUTTER MARKET STEADY. | January 16 (®).—The, ket today appeared steady {at unchang Buyers showed | hi practically t beyond imme and | dinte need ding wa 11\x|4\(] which street con- [even for Dealers, as a road's | rule, were free selling by | policy, but n.smm~4~~1 { Charles J. Bell, chairman: Woodbury i Blair, Edwin « Brandenburg, Danie es. lahan, F. W. D Robert \ Fleming, William T, Galliher, Julius Gartinckel, Edwin Gruehl, William I Ham, Robert N. i1 H Mitchell, Clarence F. Lu gene Thon W White, I Followi 1 board organ lows: Willia R. Bowen, vice w nder, Jume ymmander. of the day officer of the Webster: trustee, adjut.. John John Kiley H. Harris Lawton; | B Ernest Edv £u George ber; patriotic chaplain iistorian, capital s with §1 59 in ar comp: 00 in 1 4 indic wher Saturday. following a only in some to shade pr Richard J. Harden Camp at its lasf meeting mustered the following into| ¢ active membership: Willlam Holt w fer from Pettit | tlon of Joseph E i when | |THE YEAR 1926 TO DATE ON THE W: INGTON STOCK EXCHANGE. Road’s Present Officers. the can following H. The entive directorate of W. B. Hibbs & C Naturday, January 16, 19 Furnished by nd Including tion w; officer ent of 1923, Open. i 10014 High. Low tee, Willtam i er, lection of zed for the directors Syrup When o R FAILS f SAN Stood sixts Oils Attract Attention 00 ta I. F L. Clark H. W. Kelly, V. B 3 ke, Members of named for Clarence Charles J Brandenbur win I ehl i Eugen Members of the include Woodbury Mitchell and George Members of the real est tee comprise Clarence F. land Charles J. Bell, while the mmitt includes Charles J Robert ming 1 Eugenec Thom There were Chang {in the operating personnel of the con { pany A Wash! ( senic Wash. Ry Wash. Ry & B 000—Wardman Park STOCKS raction followed Washington Temple of the Lineal Society of the Spanish War at its last meeting received into membership | Mrs. P. E. Shomette and Miss M. 16. — Modern | Werden. The following officers were ike their hus-[installed: Chief ruler. Mrs. Lucy have set soclal secre-| Goldshorough; assistant chief ruler Engravers have { Mrs. Gertrude Geary; deaconess, Mrs. ard Bte Benjs Est GOLDS “Pape’s Cold Compound” Breaks a Cold Right Up 291 —Capital Schaefe C. A. Voorhees, M . Motle pa- chap- torian, John I nond amuel Hart anslemar Fitze ent supply over 6 pol Oil of India the first A, pfd., int. ¢ ial Nationul Bank . n_National 1 Bank .. ruge . onal Bank n National Bank . Bank Blair W — Bank commit BALTIMORE LIVE STOCK. Normen: 10— Liber 10 Metrop v James H insta n took place E hioned | . %, and was conducted by De. re really married i1 { partment Installing Officer Willlam 1. tal of 12 represented 3801, shares of s in persor | proxs T Bond Announcer ri$ Plan Bank of Wasl appointment of Percy sales manager of the bond depariment recently established. This departme is offering bonds secured mortgages, with principal and guaranteed by surety comps The bonds may be purchased on the partial payment plan at the. disere tion of the purchaser. | 3tr. MeCoy s the of Judge W * 1. McCoy, chief justice of the Dis Supreme Courl, with high con | nections in local bariking and invest Tment circles here. He was formerl connected with Graham, Parsons & he . |Co. and Crane, P & Co 4+ 13837 136.87 Subscription Books Closed. This week. Last week.| gypseription books for the ne : 8 85.65 [ sue of 7 per cent preferred stock of 10345 10344 | the Merchants Transfer and Storage LTt yaras o vesterday noon. with meeL =y cel ‘ewr 189 | grders totaling more than §1,000,000 e It is understood Crane, Parris & This week. Last week. | Co., investment bankers, who handled | .. 4 to41% 4 to6 |the issue, will allot small subscrip D 4% to5 4% tos |tions in full, with large orders bearing Month of Month of | the brunt of whatever paring is neces: Nov., 1925. sary. 4,581,780 100,515 Named. by 1} i cetings for the « Monday, Col. John Jacob Wednesday. Gen. M. En Camp; Thursday, Richard Camp: Monda Admiral Dewey Au Wednesday, Emmett Urell Auxiliary, and 0b Astor Camp. Linoty is made Mtg. & Inv on Market sesasscn . 2 UNLISTED DEPARTMENT. Chapin-Sacks 8% pfd... 100 George Gen. M 100 e Money in the Air in Florida From Lite John D. Rockefe! a shower of dime Ormond Beach first real mones hands in Florida [Financial Highlights of Past Week | Brought Out in Nutshell by Statistics Eugene Plerce: quartermaster, Harry J. Stahl; patriotic instructor, George | M. Woods; chaplain, Rev. Tell A. Turner; historfan, William €. Shuma; surgeon, Dr. Anita Newcomb McG sergeant major, ( s O. Plerce: +* Dispateh to Th NEW YORK, | gathered, 1 gathered, | sec- ! . ex This week. s (average of 50 issues) Bonds (average of 40 issues) “oreign bonds (average of 1 osed BALTIMORE PRODUCE. BALTIMORE 15 (Special), | rece ative and | Bave ining only | rules Federal reserve ratio Money rates in New York This $82.50 Portable Electric Sewing Machine Gentleman’s Country Estate for Rent “THE TUISSAND” A wonderful home with 42 acres of ground and 8-room and bath hous steam heat, electricity, shade and fruit trees, only 8-10 mile from Dis- trict line on Marlboro Pike. Owner leaving for Europe. Possession at once. This home is beautifully furnished espe- cially with rare antique furni- ture. Rent only $100 Mo. MCKEEVERW’G CREALTORSST) 1415 K St. January pts of been . the market Month of Dec 5,033, 104, Savings Bank Officers. Dr. James H. Earley, Dr. Henry W. Jaeger and Watson V. Shelton were dded to the board of the Northeast | avings Bank at the annual meeting | of stockholders held recently. Direc- | i s . Pig iron production Building permits Number of cities . Amount reial Numbe Liabilities 391 044 . 402 1 : : . $330,480 2 “$288,398,557 | Ly re-elected include the following: James H. Brodnax. William H. Erne: ames B. Flynn, Henry E. Glotzback ! Percival Hall, Geo: F. Hoove bert R. King, W. R. Lewis, Narcisenfeld, Charles I Potter, Ken- nedy F. Rea, Michael R. Ready, Gu T. Stuart, L. P. Stuart, Charles Talbert, John H. Thomas and John T. Vivian. The board will organize on January 19" A. Anthony, research expert of Wil quin & Fitzgibbon, local corporate financing, is receiving congratulations on the birth of a baby daughter. H { L. McLeod, official of Hughes & Co., HOW IS BUSINESS? Showing Current Business Activity Compared With Same Week a Year Ago Unlisted Securities Prices. ) an follow Jatest bid and 2P0 Sted N p Jlisted and h <hort 1,878 $36.528,160 Week of 74 mna nue car loadings: et on most | Al commodities stock.] Grain and grain produ exceptions | Coal and coke . . De- ! prest products ..... t and ) cellaneous product: medium | are ad ket | cts values W show a declin mand for turk only moderat size your 47,987 247,437 8,267 34,667 from last specially 1 hipments of hens and ! visable. Lar heavy gobblers and Id toms are not wanted, and | generally even at the r " Young hen turk: s i Dr. crooked Main 4752 asked are | 1' | ickens meet with re e old hens in and 2 for ind_poor fowl Market for < £ood de- large 30432 a small and poor will not bring ove Geese in only fair mand at with Kent I Lringing top values. inea fowl izeons holding fairly firm at and 35a50 each for old of and pair for both latter. v market it takes to bring a suand for vound, but GENERAL BUSINESS ACTIVITY for the country 2 2 whole, Indicated by Benk Deposits outside New York, compared with the same week of last year. Csception of capons, which are pre ACTIVITY BY FEDERAL RESERVE DISTRICTS fiyred dressed on this market, only Check Transactions compared with the corresponding week of last yeer Gleveiand | Richmond | Adanca e s i n.,imx‘:.'-,:“ Baton | New York | Phile. o -‘;\'i;‘:({“-;),;g +220% | +199% m 4249% | +16.1% | +-199% : Chicago | Se. Lowis |Minnsopelis [Kanas Gty | Dulles | Sem Pavr. +130% | +88% +;$‘ over 2 a pound more alive, while capons av +124% LEADING BAROMETERS Showing trend of important factors pound m. Dems es has eased off, tent to the higher prices prevailing the past few weeks, and as a result | the marke les easy and lower at| 4.00a4.75 per 100 pounds and 2.00a3.00 | for culls and No. 2s. - tered on well aded No. values on mixed lots are uncertain. Market for sweet potatoes and vams holds steadv with little nge in Present Trend value, but top prices are S B on dry, fancy s Business in Dollars [Gheda Cubed] are x 5.0025.50 a_ barrel | Employment [Der. of Laber] Wages [Depe. of Lobor] . Cost of Living [Ind. Conf. Beesd) . Wholesale Prices [Fuber's Indes) Agricultural Prices [Depe. of Agri.} Movement of Goods [Cr Lesdings] Retail Trade (Fed. Res. Beard] . Wholesale Trade (Fed. Ras. Boaed] Failures [Dw4] . Bond Prices [Annaie] Stock Prices [Annaisc] . Stock Mkt. Vol. (Shases Traded? Compited and Copsrighted by Cambridge Associates, Bostom he dress pou choice to f r i yremium over tock and, with the | ! $2 Down! Weekly Payments! —A splendid machine with the Westinghouse motor built in the head! It is a'part of the machine and not the ordinary attached kind. Will operate on either alternating or direct current—I110 volts—at a cost of about one-third cent per hour. The motor inclosed in the head requires oiling only once a year. Each machine is equipped- with an electric light and handsome nickeled shade. The light -is built in the head and throws its beams directly on the work. a : - Tested and Approved by “Good Housekeeping Institute™ yams while culls and 0023.00. Bushel | lampers of both sweets and yams s mostly 1.00 to quality onditio Market for native and nearby gar- len truck holds firm under a fairly | ive movement on most lines at| following quotations: quart; carrots 50 bushel, MOTHER :~Fletcher’s Castoria is especially prepared to relieve Infants in arms and Children all ages of Constipation Wind Colic ~ To Sweeten Stomach Flatulency Diarrhea Regulate, Bowels Aids in the assimilation of Food, promoting Cheerfulness, Rest, and Natural Sleep without Opiates To avoid imitations, always look for the signature of | (2ot S BE L Proven directions on each package. Physicians everywhere recommend ‘it. Penn. Ave. 8th and D 8.00 100; ch, 1.00a a barrel; | per bushel, and 1.40 bushel voy cabt turnips. and ze, AT P | Jane Wumore is proba man M the Tnited s

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