4i1ir jiij i - chroniclingamerica.loc.gov · bsv idtary bmt cote irsrional cnrrency-iluif r coin in...
TRANSCRIPT
THE WASHINGTON HERALD THURSDAY AUGUST 15 190
l4I1Ir jiij v-
I tI-
St
I
Almost Active StockShows a Decline
TIGHTNESS 0 MONEY IS FELT
Failure of Pope Concern Attributedto Inability to Obtain WorkingCapital ATo Statement IBxnectertfrom Oyster flay Hclntive to theFinancial anti IiidnNtrinl Situation
New York Aug 14 Under Inftunee of a renewed outburst of liquidationud of aggressive operations for deline the market broke sharply thta aftrroon until most every active issue
reached a new low level for the presentmovement and some individual stocks fellaelow their lowest records of recentyears
Indications were not wanting at any-
time during the session that the highvel made In yesterdays rally would not-
e maintained for although the situationi broad showed considerable improvementnd American stocks were all quoted atidvanoes in London the opening did
to the foreign quotations and In aumber of issues like Smelters Amalga-
mated Copper and Anaconda there weretirly large declines
through the list there was evidencef selling while there was a
stable absence of any strong demand
rsult being that during the first hourvivs generally declined n exp anatk n
the early weakness of the durig that period It was rumored that arge industrial company would be placed
a the hands of a receiver during the day
nd disappointment was expressed becauseo representative of the administration
made any kind of reassuring statementparding a change in the anticorporation-
licy of the governmentDue to Tightness of Money
That there was ground for the storiesrelating to an industrial comany wasviaJ clear when at noon a receiver wasppointed for the Pope Manufacturingvmpany sucessor to the American Biycle Company which failed several
yvars ago Although the Pope concerniil d it has been doing a considerable
business in automobile manufacturin-gt has found itself unable to continue-he tightness in the money market makng it impossible to obtain working capitalt a time when it was necessary tolarge stock on hand x-
Disappointement over the absence of aassuring statement from Oyster Bay
t seemed surprising that any expectationf the kind should have been entertainedn view of the frequency with which simi-
r disappointments have been met with-n the pastThe severe decline in the afternoon
which perhaps more nearly approximatedthe demoralization than anything thrfthas been witnessed since the panic ofast March was accompanied by rumorsthat a financial testftutkm was In dlm
ilties but these were positively deniedin the best quarters Denial was alsoiven to the rumor that a certain housef no great prominence in the financial
district might as a result of certain reent developments be obliged to suspend
Rally Just Before CloseIf these rumors were the only reason
for the decline and there was no menion of any other the effect was out ofall proportion to the cause and there weresubstantial grounds for the coveringmovement that just before the closebrought about a fair rally from the low-
est prices AU other stories of forcedliquidation by brokerage houses as a re-
sult of calling loans by banks or failureto put up additional margin and the al-
leged financial difficulties of brokeragehouses might have been the result merelyof guesses of the source of the selling
There was no change of consequence inthe money market except that the rateson call thuds were somewhat lower thanyesterday but a transfer of wasmade to New Orleans indicating thatthe demand for crop moving had set in
It was announced at the close of themarket that the Consolidated Gas Com-pany had sold 6600000 notes to a localbunker but the stock of this companywas relatively stronger than that of theother local utility companies InterMetand Brooklyn Rapid Transit declined rapidly ou liquidation said to arise from fearthat improvement ordered by the publicutilities would not only be ex
but unproductive of an increase-In Income
NEW YORK MONEY
New TcA Aag UXeac oa call at tie stockexchange today opceM at 86 x er set highest 9l-
cwe t 3i eieatDK 3 per ont Meet of tie loanswrc at 2H pec cent
Time money was unchanged It was not pfeatifal-nrd nat with ready absorption Rales i per centfor thirty days SttaS per cent for sixty dim WKPIT ont foX ninety days 5at per fourttinth and 6K per cent for flw and six months
Mrcantil paper wee not active The cwtoftownmarket toot a Utile pear Unite M per centfor ixty to ninety daya indorsed bOle receivable6si 4 far choice four to six months stogieand 6 others
Btnrlic ruled steady eli day Sfeat dosedcent hisner Qabiw irere in good demand Bates
for actual Basfness 8bcty m 4 2 deBsaadt cables JM oomaercJal bffis 4JUbSS
TREASURY STATEMENT
Kwerte fundOdd oto cud toffiesTrust fond bold for 9tM of
outstanding notes cerdacatwGoldBUrer dollarsFIlter deflate of 1IKJM
Total
General tendGold coin tend balHeaGold certificates
Silver certificatesHihr bullionTratcd States notesTixisurr notw o 1WNational bajrit aot-bsV idtary BMT coteIrsrional cnrrency-iluif r coinIn national lank depositariesIn treasury of PMUppiae labradaBonds paid
TotalLiabilities
24 2eWW884281900
SUSS5M0-8UM98N
M889I88 0-
48Set 70-
47MJES e-
I3B9SJ
13918
UI7JMH-Hrsnees SB
4JOU16X-
ReeriptoCustomInternal msMW-
scjllaoeoaa M SB3R88
Total postal rocrfptt not iacteted Scept portal defldtBflr not iaotaM 2aNON-
Ezrrsa of reeeipto H9 BSNational hut fend
Dsposiia unite act Jrtr H MM JB330JvotM redejtaed and nttred wwkr act
Jnlr H HW 3WX5IQ-Aotefl teethed for oawent naats tiea 898
Redemption of aete-To March 14 B9I ttWt SM
Jamestown visitors are arriving daHyand looking for furnished rooms An adIn The Herald will get them The Herald-
as the largest circulation at Norfolk andaraestown of any Washington paper
AT l EW LOW LEVELS
E elY
the
the
not-
n
All
f
carry
lonTen ive
i
for
raftsIll
FoOIIi
I1SIDO 00
tInend
coin 93sae 00
n
tncin1 silver dollere
I
ADd 18
Ill
meii bslanco 78
UI3EamenpeItaIwItua es
date In G-
OAusuat 14 u m
wavy
market
IOOOO
i
cmnt
manfoe
4s
aNTes 4i
Lssen Z
9Nni
gizenenA-
mllabIe sl4Lafl
Exenditnrc
es
01
ko
¬
>
¬
¬
¬
¬
>
<
NEW YORK STOCK MARKET
Q ta ft NTBlaMt Tag X 0 1 l w O reantat of ih X0w York Steck Bs 8aw M ow-MUlacSales to 305 50-0Tpt l Kales 050800Call money 11 close2V4
noon
14TI aoarlore Z34
=n lAw AKALJ J
AKudsamatod CapfwrAiL Oar Fmdqr-Am OottMi OiLAm LeeMMttve-Am bteel Ifamdnr-ASL Bted FooBdry
Am a WH-rAm Tobaco pfdAm WoolenAaacopia-AtchiautiAtchiwa pWAtlanta Omit LBM-
Kaittaoore Onto
Canadian PacUcCentral LwtBerCentral pW-
CheMDtato ft OhioCaicaso GNUa M st Pchicago NortbwC C C 8t LCola Fuel ft IronColorado SoothfrnColorado Soothara 1s-tCcindo Soatben 24CooMiidatid UseCora ProdotteCora PsodneU pfdDelaware HofeoD G pfdDtstfflew Swurttma-Srfe
litEriereo fal EtotrieGreat Northern pWGreat Northern Oreniinoi OaMml L L-
Int MetropolitanTnt pfdKaaau Otty SotrthernKane CHr South pfdLooiwiB NatBTflla-MexJcan CentralM S P 4 S a MM Kaaa A TexMo Kaaa A Tex pfd-
Miwouri P ci cNational Bteuit-Natkmal LeadKew York CentralX Y O WNorfolk WesternNorth AmcrtaaaNorthern PadflcPacific tailPenns lraeia K 3-1Piw SteelPeoples OHBeadingRep Trot ft SteelRep iron Steel pRock MuARock WwK pfd
St Lonto S W pIlL
doataern Paette pM-
mthem IWhnqrSouthern Buheay pitTe PacT Bt L ft WT St U ft W nU
U S RatterU 8 SteelU Stod pftf
PId
lap14 Tr
w
k It
BrieJd
tan
k
si LouII 8estheesotL
1acIIe
Union PaeiIc
8Vksiais
Ante4k
t 5se01-A lienttM
k-BeeoUya
Lent
t
t
8lehS-osthern
iisusl-Wabsa 1
=
z3111
UdI1M
10M
17511110O
lUll
UN1UOO
115IkJ
11
1l
lilt
31M
UOOIX
15olI11II
L
l1umsUJI
31
700
lit
uLen
11510O-
I
1tIW
UII-1m1
111
Uenen
5
1401
0400
Uen
LON
05400
10100
1040
105
430
>
P4
11M
4
Op
0170-
10t
f4i
2
IIItl
II1M
It
4T
lest
1tN-H
1fA6
1511IN
JS1Q
1211m
41UIMt
ft
IlKIIIn
61
II1m
IISfIN
a15
114
30
3-
Z
50
30
115
50I
30
30
10
01
3024
100
010
10
15
4401
5I50
2044in
0
MtU
JInt
I01
0-en30
tIf31P4
isoR
ant
i8
1J8
86II
iiJ
DII
11
IlK
AfiIIYa
311IN
Ie3ft
11
1X
115l
I7a
m
21Q
mt
300188-
U
01
304t
301501
4
10011t
0130
5118
01
17
01017
44snt
30
0
I050
710t
111143
00130
15
M
iI-
I9118
ut2S
H114-
II
1111H
aI
IIY-
aIt
1JW
1-14n
8141ft
111M
2fiM
JI1M
W116
11a
JMfaIN
87
5C
14
30mc
042
35431-
IC
0
10
30
4345
1
10
30
>
ISII
77
ISSI
4111M
IlK
58
15u
1341ft
It-
12ft
21UK
11
15
D1i10ft
III1MIN
114lI
111DH
IN1m8ft
IIIII
iim
11
1I-T
41II
IN
0
I30-
U1
01
30
CURB MARKET
QootKIOM era orakbed fcy E It Om-Os m A H 9tsek G-
Ml F MmtWtfem
fLNew Teak DeuCechIja
Brit CM CopperMatt Ooattton-Ohioas ftr JDommJaei Oopver-Gteene Canaaou-
aOosM Grid MiaXttcheQ Mates
Staadard OILW stom Iw
0Cop
Nt 10
Low JtM
ft
17L
30a
3
3
0430
41
litra-If1111
030
6I
304530
MISCD5LUVXKOUS BOXDS3-
few Yoik Aog MCtotoR QttotaUes at stodc-
ImperM Japaoew Is nMM MImperial Japanese secnMi te MImperial Japaaeae tint 4i M MImperial Japans s aMMl MImperial Japanese to n-Vrnftricaa Tobacco fe sj-AmericM Tobaceo 4AtchiMm Tofflk ft Saato Fe gm 4-
Atiaado Gaaet LineBattmKre and Ohio pL Ma MGaatnU Georfia con fa JHOaatml Paettc sm la MKCentral PacHe f MChesapeake nest Ohio fa u-OKsapeako sad Ohio 4H mOhicafA Hotfc Idaad sad PasSe rfg W 0KChimp Rock Maad JIll Paelfc aal 4 MifcDelaware and Ifadaoa te MMDktUlmf SeooriUM Ofc 3 ifErie sea 4 Tfa-luterhoroBfJi Met 4fe kuLake 8hoi 9Ma jLake Sacra fc 1ML awIou and Xaebi e aaMtod teNew York Central liCe MXorfott and Western ova fa r aNorthern 4a a u
Pacino 3s 4nOrem Short Line 4s 3Peraayrrania s MB aMPemttftoaaia SVK ntt aKeadiac 4t ajfcScattem Pad cal 4 ffSoBtham Itafiway fe wUatoa PACtte ftr 4a MKUntied 9tetea Steal S F Sj MWahash fleX Sa JBJU-
Wateah Hot to HWabaah P T 1 first 4 a
Total wte asOWM acaiaat P B M Testardarn9KM a weak age and 2 3BX a year aa
MINING STOCKS
Qaetotleafl are furnished by Irrtag K Pteria taBCo mamhen at the New Yark Bz
dmase 3M11 Bend DBiUkr
etlSeal
M
ftorthIrn
bend taen
tOe
0
Pad
Pro
>
DIdGoIdBekl OaaaoUdated MCombtaadon FraettoaJumbo Tuearinn w-OoUteld 18t Im sicover PWT 5Great BeadInns Bett 29-
AdaaW v uAtlanta
Hills t MDiBBMnd Black Bee K-
IITramps OoanHdateel xGeld BarJim BoUer aOoldsn Seeptrs MGibraltar uICoanoke 12Montana Tojajafli 3Xipteabig 6MeSiaitrDjuTBch-Onbelt Contact 49
Setts cents vat share I
Ill
6f
DeW
a-Bed
rrtmnsie
II
AtIN-
dlJ
IIJt
iii
11S
t U1
1i
7142412
50
57
00
Th Amerlean urtning cocEreas will mart in Deenil during the week f Augast SB Bztcatiwfor new Mlntec legUatton wilt be pnpared sadmembers of the DoDd fraud committee wInhave for six nxwtha been owwMciiag the establish-ment of earn method bjr which fnuundent Mtetag-ecsnpaaiea can be put out of oommtwtoo will pre-sent their report
It te anaoaaced by the Goldfleid CoasoHdatedtines Company that it via begin to pay resalardIvidends on or about September L This announce
eat te made smndtazMoosI with the atatameiftt the note for 5lOOSOM siren Mat Jaaaarr to
Mr Bernard M Baraeh will be paid for m stockGoldfleid Oenaoiidated Company has abont
869 In JU treaaorr at the preeent time whlea willbe tocreaacd to Q CO by the Ant of the monthin order to par dividends at rate of M percent a year With the payment of dMd ad on theCoMoNdatod Mock It is predicted that the entireGokhVtd list hart an actlre raoramcot
The Mohawk Florence Leasing Oompaaf wkiohowls one of Uw teases on Flopsnca h t just di-
tributtd A diridead M per unit OB lie captoMmtIne of 0 Use tease tuna whteh this Wdeed was paid it tram a tract of ground 38 feetwide by m feet ia heIGht On the ilorence reinucartr AMKO gran in soW an has been takenfrom this here within the last three
A rich atefte WM made on the Jumboifondajr The Maples of ore Mmy nfl the wayfrom H88 to 0 a ton The rein K ahi twentyiadhn wii at the potot of dteoonm This atrfka-wac at 319foot level aDd giro Indieshop of hoWtes to srert r depth v
aUsnpt to switch the aiatog mariat ta thehas not not wtth suaceag GoJdoeM
OoBMtidatad paffajg dividend it k stated thatthere will ba a en the pert of theNew York Produce RKbanae to twitch the mmincmarket to New York The present strike of thetelegraph operators baa Krioariy interfered with themining marlsit here owing ta the fact bet prices
at present in San all cfaU win haw a to taJg the nautet
mining
the
ill
of
too
lade the
TAeBut
desperate ort
made F snaimtendency
I
plain
3740
l
wee
WIth
apel
j
Pope Failure No SurpriseinBanking Circles
MORE EXPEpTEP TO FOLLOW
Not Bolicvoil However that AnyThink or BnnlcinK Institution CanBe Seriously Involved Due En-
tirely to Innlillity to Secure Extension of Credit Gossip of Stocks
New York Aug H The failure of thoPope Manufacturing Company was no
weiUnformad bankingFor week or more among many ru
mors of exhausted credit of Industrialand mercantile concerns the most
pointed to the Pope and anotherwellknown concern in New England Inregard to other conoarn it was saidthat a good chance of averting a receiver-ship remained though It was pointed outneither surprise nor alarm should be feltif others came
Since the failure of Millilcon Bros ithas been believed that many other concorns have over extended their creditsan bankers have accordingly been exit-
renaely careful in regard to their dis-
counts and tfieir acceptances of mercaa Jlepaper There is hardly a possibility thatany such failure can seriously Involve anyhonk or banking Institutions
A far as the stock market is concernedthe decifneln prices has if there remainanY to look at the matter sensibly muchmore than discounted failure reports andevery other Indication of business reces-
sionThere was no difference of opinion over
the cause of the failure It WAS due en-
tirely to an inability to secure retentionof credit induced in part byat the andcorporation propaganda-
In the respect that support TV Inter-posed when the market showed signs ofdemoraJlaation the market supplied arepetition of previous days in the declineThere was however the difference thatthe support was not forthcoming untilprices had beeome more unstable then enthe other occasions On the others thesupport has come when the markot wasfeverish
Today it did not come until the market was sick and It seemed very sick
Sick to the point of croaking onebroker described it
The sheets went through the clearinghouse cleanly but the failure rumorsbecame more persistent subsequentlyFor the ftrmt time names werementioned with consiJerable freedom Acareful tavesttgaUoa of the rvmdrs Inwhich the were mentioned broughtout assurmooes that these honees wereIn no distress but a hanker In thestreet would have vpeem surprised at anannouncement
Bargain hunters order lot Investors nodsuch showed some in the street todaybut did little buying It WAG everywheregreed that there wee a very abruptcessation of this buying which was ataint one Tuesday It could not havebeen because stocks were not cheepenough for at any time in the afternoonmost of the shares eeukl have been secured at lower prices than on TuesdayLad they must have come to the beliefthat there would be a blUer time
in tile future Two moo for IHP
stance came down the river with about7500 between them for the express pur-
pose of getting some stocks aad takingthem home They found the atmosphere-so blue that stocks which looked cheapbegan Jo seem dear Their money wentback home with them
LOCAL FINANCIAL GOSSIP
Capital Traction and Washington Gusplayed a fascinating game of tvhlneaw ontbe4 Washington Stockdayt The business of the dayticatty conflned to these two issues
Traction was mercilessly hammereddown over ttree points and pretty muchthe seine traders turned around and putGas up over two points the stock doelag a little under the highest price ofthe session
For several days Capital Traction hashung on the board with almost no change-in the quotations The selling price wasItt At times remarks have boon madethat the price was too high and In theabsence of the main supporters of thestock it was assaulted for keejfc asthe saying in The price crumbled awayunder big offerings of the stock until aquotation lot was sacrificed at 127 Thatclosed the business of the day exceptone small lot which sold after call at
While this was going on there was in-
tense excitement on the floor and onevenerable bftyer who said ho was pre-pared to take all in sight was the targetof much fun He was charged with pick-ing blackberries for a shortcake whenthe stalwarts come baoR In Septemberand force the price back again to theregular figure
Tho young brokers who have been quleeeent for several days started In toboom Gas again yesterday and succeededin marking tlf price up to 69 with gmeof the sales at 70 and a fraction aboveIt Is evident that the young men whohave supported Gas all along have thecourage of their convictions and when-ever any considerable amount of the stockis forthcoming they rush Into tho marketand buy regardless of advancing prIcesIt fa claimed that rise at several pointsis now duo in Gas
9Opinions on tire New York Market
Benjamin Woodruff of Post PlaggYesterdays rally falledio hold princi-
pally from tho fact that most of thestocks taken on last night were bought-In the hope that our chief executivewould call a halt In the policy which hehas been pursuing but as apparently nosuch thing is about to occur tho bearsclaiming to have discovered continuedliquidation on the rally started In againthis afternoon with vicious sellingmovement bringing about new recorddeclines As I have said unless there isa change In the policy of tho
the market is apt to work lowerstill Prices are absurdly cheap but con-fidence is absolutely destroyedI
However-
Ibelieve that those who buy stocks for
cash or with a big margin at suoh alevel as this cannot fail eventually toreap a nice profit but one shouldgo into this market expecting that heis buying at bottom for no ono can
apresent when this point will be reachedTodays session was discouraging to thebulls and much resembles many otherswhich we have lived through in therecent pst
B W Olews of Henry Clews a CoThe vigorous buying movement which
set In yesterday afternoon was due al-most entirely to coveting of short contracts based on reports that a modi-fication of the Presidents policy regard-ing railroads and other combinations
STREET NOTES
I
I
In circle-t
the
the
names
pot
88terwas prRc
CaP-Ital
UQ
i
a
ft
govern-ment
n6
tell in liquidating situation such as the
WALL
surpr1a
per-
sistent
t-
hy
he
¬
¬
¬
¬
¬
¬
¬
¬
¬
¬
¬
¬
¬
¬
¬
¬
¬
¬
¬
would be announced through the effortsof Secretary Root and others It is Quito
clear that all such reports wereWhen shorts get through cove
Ing there is nothing to put themarket up A bad of the marketwhich is not generally understood IB thCdifficulty experienced In selling stocks oftie class In which there Is not a largeoutstanding short interest Many stockswhich are not actlvelr traded in dailycannot be gotten rid of unless at a SB c
of two or three points
G Bowie Chipnwui of E R Chapman
CoPric opened steady to irregulardnria the forenoon were feverish andaround the middle of the day and theearly part of the afternoon business wasintensely dull Then began a selling move-
ment which carried the leaders down withan absolute disregard of fractions Theentire list showed the greatest weaknessThe rally in the last ten minutes whichQorriod prices from 1 to 2 12 per cent upwas caused by the short covering onpart of room traders During this declineIt was painfully noticeable that all support had been withdrawn Just after S
oclock It was rumored that possibly theadministration might be moved to someutterance in the endeavor to restore con-
fidence but in our opinion even If thiscame topass the utterance would have tobe very strong and would even at thathave hut a temporary effect What Ismoro important and what the marketstands In need of hsjpoacerted andlasting action in the way of support bythe great financial interests I would notsell stocks short at tills level for a quickpartial rally would not be improbableNeither would I buy for without th sup-port mentioned the market Is in positionto decline many points lower Should arally occur of a sise commensurate withthis last decline I would sell stocks Thereceivership of the Pope ManufacturingCompany was used as a further excuseto sell stocks but in the present situa-tion shoud be looked upon merely as anincident
A dispatch from the offices of theMitchell Mining Company in NOW Yorklent night announces that Ute steamerStrathalan with rails for the railroadfrom the ocean to the mines arrived atAcapulco Mexico on August 1 and isdischarging 69 cargo at Marques
WASHINGTON STOCK MARKET
SalcfrRcffBlar caUT tt octoclc menOxattAi Tract IS atJ 0 at 19H N at 191
at OI at m ft at 18 B t m at HRi ftat IS at 127 ft at Iff-
WaafciBgtra ItaBwajr and Eketrie pretend Iat 75-
WaaaimrU Gas S at S at K atate H atafl at
6 it Tl at
MargaBtaakr Uaotm ft at 9M t at ftlMMitchell at LSeooad Xatfsaal Baa I at Ut I at IttAttn ea Caatal Tjaetfca it ftft at H-
Oaattal Traction Mat UKThe f an UM dcstog BJaatariMU aa rafter
days atc mtatarGAS IJOKDB
un-
foundedelse
feature
the
ore
I
l
at DI 5 at 131 at lit I at DL DI
I
30 8 at 30 atat lIat 30 at
7 25 at 11 30 at 5 at at ftMining
rifle
a 50 11 at 3030 3030
041 4 01
I 01 71
0 30 4 0 7 30
15 0 30
a
¬
¬
¬
¬
¬
¬
¬
WaakJasUm Gin 4sGas GIft Is IB
10-
Wingten
PIIUr izsuwci sioosArttactoaOolmaMa-CouiaaarrifilCoreoran-FweateasyraakliaQenaaaABMtfaaa-MetropotttaaNAtional liaisePeoples-Patoaaa
n
lUp
irapaopnoca pfdIfideBty Storage cpuBecortty 8tonWaahinaioB MarketUnSet Trust Warrtats
cues
I
ova
Cope
s6Jt
1IIir
s
4>
TITLS INSORANOB BTOOKBCaiaatbia Wtle M
Real JWateTHlaTitleWealiluglon
ElS
1I ICELLA Eom 5roCK
41iiii
fI3093
InRAILROAD MHO 3>
Aaaenetla sad Potoaise stmMCity and 8Bbubaa is-
CehaabU ia-Cobonbia ajX-
Washhajtoa Raihrcy and VentS 4s
ldts1 Tr4lou
IL
b 1010N
30O1aa
11ftua
0K1ICBLLAXROua JIOJD8Liffat Sa m-
Korfett and Waahiagtoa 8V at It m-ChesaaiasB aad PMonaae TeJ It-
Washteftfrn Mark es-
WashiBfton Market as WJ1T IM
Wen Market Is mrffIt100
100
AaBertaa Security aad TrustNatkaalJBi-Uatoa TreatWashsaftoa Lea sat ftaeU
Sale DinahWa iieilm
1MPlr
1
10
5
5510
SAVINGS IIAXK dTOO1S
35
35
PUBLIc UTILITY 8TOCD
Waahiaaton Kaflway and BMrle eoax 3S-
Waehiactaa RaBway and Beetrk aidaad ateasahaa-ia Gas a-
Qaanjatowa GeLChesapeake aad Potomac Tetephoaa 81
Greet Folk aad Old DcsaJasaB
71
Treed no87
30a
00
TTPC MACHIXZ 9TOCK5arert halir Uaotype
MonotypeLen 1110
30
MilliNGINcioesincmen-
10he01 3 32NATTOKAI BAJ5K 3POCK
AaiencanCapitalXatfacaU OHy rTr
Ltecoln-MBtiopoUtan
Traders ii 7Washiaftoa-Waehharum means Baak
v
r
1tSceoIxt
JI
4
GdsiFar us aed
>
TlsT CO87PAi
HOBM Santets BankMerchants end Mecaaartes SBUBBB BrnakUnion Sarina Desk
JBI4I
lest
IlK10
M
875
JIII
n
IIII
Ito
6i-
j
1MII
10
15en
1010a
10
35
015
tnt50
GOVEHX3IBNT BOJfDS
New York A ff IL Oostag qaetaUoas ot United
l
States beadsunurmeest
3s regisiend Ml-
h ceupon IWft-
SB amaJl beads4s rentftewl M-
4s coapea 1MV-Paaaaia Canal SB rcffit rrdDistrict of Cefembia LilaPhilippine 4s
It31 IIIL
3053
Bid1tPvrlQI
1iI-
lOI
ltI1tI
10
Iii1t6
11JIW
l8I1i
Asked
BOSTON STOCKS
QaeUtiana era famished by B R Chapman
ben Now York Stock Hxahtass G Bewler IM F street northwest
CochImes
AtlantisCahnaet and HeckCopper RapMaattohnMtte Kleotrio-IlasaaduiMUB GasNrth
TrinityUnited VisitUnited ShoeUnited Shoe MadHriery pfdUtah
ButteRTa-
mantdi J
I
tv
11
Wit
iNMk
g
ItiW
lQ1ft
i6
1941730
LIVE STOCK MARKETS
Chieato Lug ItOATrLBReceipta M500j
for toBMnrnw MB Market steady to Elude
lower Prime haves 6JSM poor to medium 433
stoefcen sad feeders IWaUB cows and beltSLCOaUO eaaaen L4 a2 j Texans 3J ai03-
HOQSReeelpte SiMO eetteated for tomorrow19098 Market So higher high jiftSmsi roagft-
Bea576 mixed 6J8a enfci heavy R85a630 p s3-
SHEBP Rewrpta 9tff estimated for tomorrowMS6 Market weak to Mo lower Native sheep 360-
siM Western sheep X aSr native lambs 5 i-
TJS Western lambs SJIaTNow Yock Aug HCATTLBRecelpts Mar
kat Jiowj top steers barely steady J a6ESoxen 2MsA i lulls ISteitf cows L2Sa375 cheica
i36 fat cows and heifers mixed 17-
GALVESReeeiptt 0 Teate itcidyjand praawrs aaohanaed Teals p9S S25j
greasers and battsrsutte 3J9B3S mixed ethos48B8SJI
SHEEP AND LAMBSRecelnte SKKJ Westernothers steady Sheep 3 9a5 0 culls
lOiiiSrlmbs tTfiaSJSj sulk 5JI-HOOSReoMpte 436S Market firm Stat and
PencsylTania Jwjja 68te7S
aimerS
1mSteen
fats
fa-tsbeep strung
esti-
mated
CJid43
butter-milks
>
LOCAL PRODUCE MARKET
BOTTBIlMarket CHawerr fancy fc
ail Western anU ttH aecoada SMf praeas-fency Vba2l dairy choice UalS good flail
padxd freak WtolT-CJIBBSSN w York lute Metory large Bfea-
UB do sma UKaK sammer kttge 15a i Westire metory ne ehoiei HHaH do fair ta wd11 Vt nia W-
J5G gUeortpt rstrrmrly liabf ajukct hare ffresh stork Nearby fresh Vircfnfai 21aJ2 WestVirginia ad Southwest Virginia JB Tennesseetti Norta Carolina Ual3
LIT 1OUITKYIteceJpU moderatr nwrJtetsteady Spring dnckms m to 1 Iba It do 1Hto 1H nil 18 do 17 BttiUJ rooaters-T duckf SalT do mtaii a eeeae 18keats H-
OKCKiiEC POULTKYneeript liMn marketweek tens nndiawa per lb 1U15 doaea r mdtawn listS do thin It old tonic Uchickens lara I9aM do prmf JlaS tenichoSe ISail rooMers I duck old sprmg
grewDRESSED MBATftCoantryennd meets Bajit
market Arm Calves lid dressed 869 beada oilUBatM hocdrcased ealw 8JMM hems ocautry sacarCMred flaiL
VKGBTA LKSlotatoM North Carolina secondsLM do Norfoika UflallS do home grown Liicab F per bbL 86 cocomben per buRt Korth-Caroliaa LMalM lettuce home Nit LIlaLM ashen Maryland and Thrmia per bushelper bW IMalSft ttrinc beaus porn per basketLMaUl tomalOM elsie per cats Marhjrper box per heath 3M cautatloapei-lTSaiW
GllBBN FRUITSApphs Zl ata-
taohea per aaeket carrier XXCMLW oraagss-CaUfornia invite per box UtaL09 lemoae Sicilyper 4eta4J-
SUXDBIE8 Bee wax per Ikx 9 teUow p r lb4U4H hoooy white dover 1lh new UaM Hasea Halt stastac per lb iiaa6ll Seaeea per
euidea seal ptok Sail mandrake3 seek reqt X-
tt choice MaM to seed Stpf-onttnary a rjn MOB coca dulled white-Bait ear JJMH oats Western
HAY AND STRAWTaaothy choice SLOOaStat
do No 1 AMa2LM da No X ManXM mixedhay littattia clover UMalT draw rye Inndie ILM do ry macfcate thrash UN4K dwheat M
WOOL AJfD HIDESWool market steady hOlesameraHy dolt waaaed free of bum per lb
do BBwashed of burn aoHOles uraea per Ox 9 do dry Hall aawasktaaama each MaUO da dry each laX
iCaKukta-
sIOTTON MARKET
Quota tains fansaaed ay Wile On Members elthe York Stack sad Cities LJBBSIIBU sad theNew Orleaaa Kubanse OBI F street Berthwest
New York ABS llUferpeet Made a goed-
aeataK aad a peor flaa far caatracti whileaaowlat a better demand for spot Local tradingwas seeS trllh the nuiae krtgBlar sad auctnatkns-aarrovr Alamo of weaflw nova was aeaaM
teeny that MaXBtatg MlM wereemitted to leaden Vow settled ontdWaaB at stock market held saflcn m eaSedwith a aaMBSl dasjmtHaii to proceed eaatiously-antfl w mate Unat fraa Texas Thefntn that Stale will be ta detrrmmiac factor
Meanwhile speculation haspea do that feacroaa rataa there
wOl loud to arp bnak and the other fearingthat ooatfraxd ry naanltsiaa will send pricesafcjamMV la the fcswcaat was fortmrtuayd coadittoaa for Twa and led to adeadlock m UM market
aac to dtoothl-4WrNXB to So lower
mach taanort
New York
n
cP iuettd are
It
sueD henslens
Tar
blOtalL
IronTh
Man
too 11
box
lb fa
lUINWJdow
white No t IIIIHI rWool
free 5
tc
Dig sold ppsuyduring sad lana
tileUte
It
Ill
lIIie1u outaIds III TaM JQ-GItu II r of
i4sdeealetes
INS
Dell
75s5 beets
COalS
fair
taM40
71 30 berry
pme seth
NewCoil
seth trad ceumledee bcuen
bee
her sews
when ececerfie teasing
the
chaincta-rtt cju sews Is aed
lb ttaag toeTea
due
OjPtoaejLefvu
JUt11M
New Orleans
ictIIIIIr
v
fleIIO-eN OlleasNay Ytd
9t
pNDe-Bqate
NeeienbLeakr
It
lit
50-a
D tab rtMay
CORNSeptemberDecemberMay
OATSSeptamberDee Biati orMIl
POUKSeptoBabar
OctoberRIBS
tSeptember
LAnD
WlIEkT
JeniyS-epmher
Otcbei
ODILJUtJUt 1SJIIU
Its
Spot Mnrlrets
InI
GI44
18
9IIi
f9-J8i881
Open
30
Nit
40
748-
LII
=
ae
fo151I
10
High
If
1115
BAS
SonfY
an
NitI
044
745930-
vI
nigh Low
9tNtIn1
to-
t
4et4 t
JUlIa4L
LoW
SUIJUIIUI
K2tUI6
IS3
5304116
a
a
NEW YORK PRODUGE
Mew York ABB lifiUQA2-Ml sad nafhiBsrt Kwr dsfi meals aad a-
rtiiarl Ceatdraeal K at Mas-
eovade ted ST ainlsssft aaaar J ssttat 1 JH The lee aaarkK tar saear beeto was
ewl Septnher at fc fdKAY JU SWHt BThe medal for spircta tatpea-
ttM wasprteea aad Biofhiae aaade barreh quoted atIlL Nest raled dnU sad aaehaassA with eoaaim-s pod stashed oaoted at Tar held steady
far ail muskL PKKDFair qaiet Sprtr UHmads-
acka to suite kte sad tt ariddUagi-eMy bra SM la bulk Western red dog toatrhe-
FLOURIrrenlar trade qatet Spriaa pateato-M6aU sprias dears X aSSI ulster straiaMa-UsBOS Ktaler dears X al7t Kaaaaa hi sackspaeeate W a47 atraaghav 4ttaO deaes UsalK-
RT FLOURMarhet SitU 4JMUICORN XKAL Steady trade stow Klhvdrkd
export 13Bal marie meal at bagc LHaLttHAYStrong ood vaSes xaatad Receipts 7t
toes Prtee timothy LS No 1 L3WS Na 2UaaLM No 3 StsW-
STRAWSteady lair dixsaad Loag rje SssS-tBKBFSteadyi trade haudf Faarily HMaUJ
packet MSJalLOl atedamte kudos lies M a-
KJS badly lisamoderate Cttr ia-
MHflihaai tJJLRDQalet Prime Waists sits SJ
relent Cootbieat la South AaertasB JUS raARId BreaiUaB kiss lUG city atcaitec H aImMoa New York 8tta CMeaga 9
GRAIN AND PROVISIONS
QaotcUons furnished by A 0 Brows COL meabore of the New York Stock Brcbawje and the CW
Decal of Trade Mansey BoiMiog-Cakmao A B ItWheat trade was ftUrly liberal
allowing for the drawback of limited wire eunicecud along with aa ordinary dan day AB-
iBKaaee wcport business ma does KshtyATe loadsla addition to sixty loads anally reported yesterdaym closed today Sales are of hard winter andred winter Including floor It Is highly probablethat the sales the teat three days hate tasflyaveraged 1COOOGO hesitate per day There are MateMack rust report in from the Northwest bet theybate had little oiled as the crop b thought to bewell ateag Lead cash sales baAek
Corn ruin higher ef yesterdays sellers buytog back UalBB were reported toAar te Kaasas andshowers officially predicted for of the corneonntry for tomorrow Shipping deaMad pod ondomestic aecoant many points coming here becameof IsabUltj to reach other potato by wire Localcask sales 259000 bushels No seaboard sales re-ported
Outs ranged oeadfleraMy oa further reportsof oats thrasatee eat and on predlehens ef showers which nay CBitaK the tomarket Larger local loses were best bayers Offeringg Mght Shipping demand today light SalesISiOOfl baskefe
3IIIIJW
tINt S-
at
at
aM ia
4fI
rail
fell
KK
TALLOW 8t8drPoL
t4t
weak
cap
many
most
hipSter
S
mc
wkb01
4 aRd watbsr wish A qeided Is 01
ukt subset ortaat tbaspuse
1015Lu hen
151021
bud
averages
2
mOTeeseat
V
Lh1ft
Itlft1I
80Ui
Uti
7Ui
811
5a
0417-
1171l
CIIMJUI
587
YW10Ie6e181
ti11
11
S
enlM
KrR-
64SLa
Soil871
38its
41
1-
0it
0141
13U
New York AHS fair Inwlores No 1 Northern Duluth to rrr L 10 csotaftrer Septembor f o No 1 Manitoba KU f
No t Northern Manitoba to arrire OSi 3TOO f o b 82fe No 2 hard f o b Kt No3 iBBcarooi O f o K No BOSales 25 bade
yellow Kj No 2 white 65H f o b Exporterstook 4 lawk-
OATSSteadyi trade Bteratirpricaa Nte2 white Q No 3 wliRo 6B No 2 mixedwhlta li No Z mimI R
1 of futures f x
b fbj NCI
CORSStro dteckiDg elevatesm J 20 2 SIj No J It 0 b Aspect1 Nit
1LWHNAPFIin
2 macaronI
trade Ne 78 2
dull
<
WHEATSeptDtcMar r
CORN
DeeMay
Bid tAsked
H1
Sept IU
0JIJI
587
1
UI
91
v
JUr
587Its
19M1
1ftL1fJIM
fINANCIAL
THE ADMINISTERINGOF YOUR ESTATE
The performance by this Company of the dutiesdevolving upon an Executor or Administratoinsures regularity of procedure safety econ-
omy and strict compliance with lay
You arc invited to consult with us at any time
THE
Capital and Surplus 1650000
JOHN JOY EDSON President
I
the
CoMpvWASKNGTOLOANTRUT
¬
DAILY COURT RECORDWednesday 14 IDOl
DISTRICT COURTS
Equity Court No 1JUSTICE BARNARD
Fisher w Dieter John fi McNaftr substituted astntstae Coaaplataaaf soiwta J H Adriaaa-
Mattswws n wniaaw balsa pro oonfessoCaau4aiaaats solicitor Charles U Cragta
Byrne w Berrr J ae S amendedCesBpisrBsnfi soUettora HaatiUoa Colbert Yerkes
4 ItaBtttna defeadaafs solicitor A A
Uag JrTBtcraafkmal Trust Ooaanaay TS Kuhn et al
order overruling motion ta wait jw eoBfeMO CorapbOiiaats aoiieitor W C Ckahaaesolicitor JEoauwd flasks
Dalaay M WaagaaMB at at rule on ptavaaMr toshow caasc CdatatoiaMfs solicItors MaddoxUaOay
Mitchell IB MitefasH UattBOOj ordered takeRFountain P ytoa sad A W Scott
apa nttd to dated CoapJateaats solicitor P WFrttyK-
oiaMs IB Wasaiagton Loan aad Trust Companyappearance of cheat CWt ordered Complainaata aoOettar C E Ball
brent m Heoptl dafeadnats property ordered deSound to receivers Cva teiaaafs solicitor N W
Brtrratar TS Bkthey pro e nfasM against certainJatiBifciBf orders and fast ordered paai into replaity CwBpWaanfs soKettor P H Sftpbeas de-
s soiieitoi Mm RHOBt ticorge C Gcrtmea H A lienMaOar aad MeGowaa SerreaMoaaa-
Loaaahaw TB Pease antfoa to aaswsr certainqatsUoas onnulut CMsaktaaats aolkttors A B-
Wai sad Kdtrta F na t defeadaafs tottdtor L-
A Baflsy
Criminal Court No 1JUSTICE BARXAKD-
UaUad fltaica m In C JteCWam masauiBaterO-Pgaranioo 1M taken with Facet P HaH
DanJcrnptcy CourtJU8TICK BAKXARD-
la re Joha F McCorasiek 6 taa W meekerCa Mjroa A taiatta C T CoggtubaU A GKUrJiae Bancj C David V Iseaaaa DeeMTaiatoi JL Q Rawaee W aa V Redsnoad IsaacAtnaBBtisu Gmsa P Kewtaa Nancy N GirardGWTBB X Mutat ParIty lea Cwapaay and Southara Cof aad aatoo Company feet of ordBIBd BBid
Probate CourtJUflnCK BARNARD
la IB Lastaa L ABaa order aavoaaOag Ckw-
aJABeB esaaMBa aoad J3M Alton P W
ef Saaael P Bdaamdtoa ptUa forprobate of fH Slid Attorney J P Beadr
EquityRobert H Rake VK Jvfiaa A EafcMr et aU-
aartitiaa Del far readier CoamUfaiiiafa scOldtor W a BaJdnatOB-
CoBSiJs tsaafa aoBettor James A TeensyMWOMBi J Doney is Lillie Dortar discussCoraahrasaf aoOdtor P W Frhby
s Savfaar Bank TX
WBaaa JOPSBBI VflMa VsaDam loosed Themes G
r R M-
TMTCO jBStios of peac jar 5B PJatatiesattorney K I Ota
ft JL Saahh i Oa TS Hoary Bmaiaaun-WBUaai X Richards H BaipBaasi MesafeetsrsBK Coaspaar yHt PkiadTs attoraay V U WaBaoa
REAL ESTATE TRAXSFBRCo-
BtewOT Krigkt CBrolbs Heaaaaj to Jolt Wayland sad Waflaav Wiyteas lot II Mode i
GMHIS C HaaalBC to aaase saaw
Pain TaU5aIIte X Parker to Ate Jblock
ItaobatsiPiaeaBrsi Pa to lISa Ilewelot 13 block 3 JM-
LTaaasyromia arcasw acrtavrMt between TwentyleaSh aad Tweatyaftk atrostoAaimtacod K vlr John to Laara K miL part
sqaarc 31 IK-XTeath ttnet aoniniBtt Waltoa Harrisonto GcBrao T RabtrtBM tots S and
SBBBn m ML
Nor and 91 G street aortbeMi Miehael AGonaaa to Fda S LarMa lot U aad partlot 9 snara OT 5H
Nor aad 2M L street soothmaiSiasletOB LCooper at ax ta Joseph H ama lots 15 and1C m M
heath HoadCaariK AWls It sL to George Atkiss part of the Atktas tract containing twoacres
G street southeast between Teath and EJereath-atfaste Chadet E WftrthanatOB to Guy V
Worddnetca lot 85 aiBars 3 SParry FanaJaMa Conway trastee to Easels
Browa lot W aqaare fHS JM-
Kte K sad at CaUse street northeastMary LRobtawB ta idate B 4 te tot IS and IN
8K JSXUniversity ParkHnjdn Johnson trastce to Grace
K ear lot S block 4S 9 C ArthurConan et aL ta Hayden Johasoa tee alltartneit lit MICe property SM
H street northeast between Tenth and Elereathstreet tbcaaas P Woodwind trustee to J Edward Terrier aid Pack C Seiffert trusteesof Cohaabia Lodge No M I O 0 F lot BiBBBte 99 JUoUSs-
Uakoa street aoothvcet between K and 0 streetsHearietta usurer et sir J VHBas to JLee Kola part erirfnal lot If saaare B
DEEDS OF TRUST
Squats 836Martha M WaUraa et Tlr 3 MilitIato Jeba I Hargrave and WIlMa F Mattesoato secure BUaaboth Merrai Clara M Cox sodCharles W Metric 2200 1 to months 6 petcent
Square 9 fiaB el T Harris to Heary H Bergmana amt Geotae M Emmerich to secareMetropoHs BaHdins Association Ko 3 2000lots K M and If-
TirtolBC City Gcergo J P Mater et m to HenryJL DersBuiaa and George M Emaerich to En-
core MatropoUa BnUdlB3 Association Xo 8
939M Iota 1 to 6 bOnd 1-
PiaehuntBUa These to Janus F Hood and Firman R Homer to Plachnrst Park Com-pany U 1 to 44 months 3 per lot 13block 3
Coioaibta HetgbULcah L eb et Hr Meyer toRichard B Pairs and Joha J EnMaan to secureB C Paire ta 1 to K months 6 per centlot tt square 5
Square MMSHenry P Kern ot we to Henry H-BergwaoB and George M Emaerich to secureOenaaaAmeriean Building Association Xolull 79
SMJoscph H ChiveD et cr to WlHtem ALHoffman and John Quinn to secure presidentaad directors e Firemens Insurance Companyt63s 2 years S pet semluaoally lots K
and Jt8CO PhHIp YadeteTlt et MX to Henry H
Bergawim and George SL Emmerich to secureGennanAmericaR Building Association No 3-
fM lotBarry Fara Fannte Brown et John H to
Perri W Frteby and FBiaann J ShadS JrR sac year i per oust put tot K Mock
fntereatJeeeph Alexander ct tix to Francis HStephens to secure Mary A K 60 days9 per cent ell interwt In estate of Mary AKHWtfftJi-
aBara jRrdarenco E 6ls end VIlltam J Lestertyf to John Quinn nod James I GOT to se
It T HoMen 2K0 S years 5 per centaaBrtanmjany lot
BkwaaliBjiialeLoHia J Ranel et ux to Henry U-
Bergmajra and Charks Schafer to secure Northam Liberty GennanAnteriaui Bufldlagdon KB 6 LOCO lot 75 block 1L
WASHINGTON CATTLE MARKET
OATTLBExtra pie cwt 5 0j batcher t50aS-
OO mambo 250a300 rough LSSaiOO xHOGS Per cwt prose fl50 ordinary cwt
6W s-
BHEEPCHppod 350aWK j common i60a300LAMBS Spriag cfaolco TaTHi madauoGALVBS Prime per lb a7Ui raodhun 6Ha7
4a5
fresh each 4aCflalBM3 common
August
dance sit Mi
flesh
ant
be-fore examiner
lIutIIIIIa I
t
referee
Suit
John TK disease
LawsuitsThemes
Lops
MIl
SIlL
HallSIt
St is50
Must
W
It
16
Jot S
romeocent
S-
lot
catiqare
I tire
7
Belt
cafelit
cia
I
ICOWSPrime
each old loud dry 8tOaIOOO
deer
masty
Milks
lbs
0110a08 se
01130Theeas 30s
im toeJones and loOmis judp4
set
prop-
erty Llot-
S IICsas may
Hans
letiN bUt
IU
51
square
Son
per
Sits
3056s31to
>
¬
¬
FlfiAilGIALI r 111
i Capital nail Surplus C00000
N ADDITION toThose Advantages Insured
by Our Unsurpass-ed BankingService-You will find bankinghere advantageous from-a FINANCIAL standpoint as well
This bank PAYS IN-
TEREST on drawing ac-
counts and a higher rateon money deposited forfixed periods
Whether your deposits-be extensive or limitedwe invite your account
TRAVELERSLetters of CreditIssued by this are
available throughout theworld and will be found
t convenient and satisFOREIGN MONEY bought
and sold at current rates
International BankingCorporation 1415 G StUptown Branch 1124 Conn AveDowntown Branch Center Mbrket
Fire Losses-I was really aarprJeed at Ute
at the I had aafaneai then WB aerIsle techajeal fenaaWfat to BB tJaawith before recefaiK rcUaL It fa oeaak-ly the pert of wisdom to do wlthe rtgat oasaaaay I aaa thaakM Ilk mrJljihaiiBiHui and grattrol far Ow aeat
proaaptness Let aa patset Jimhens and farait-
areSwartzeli RheemHensey Co
WARK1R BCILDIICG-
MS F STREET NORTHWEST
I
I
haute
sate
I
te-a the bee
JJ I
Prosperity I
I
madeel veIre
mme
ins
4
¬
¬
¬
¬
>
INTEREST
ON
SAVINGS
3 oComes to the man
who saves
This bank pays 3per cent interest on
and assuresdepositors every pos-sible protection Un-der government su-pervision same as na-tional banks
savt
system-atically
¬
¬¬¬
¬
E7 Commercial Accounts alsoInvited
MERCHANTS AND MECHANICS
SAVINGS BAtiK
Capital 1000000 Surplus H400060
TransmittedCABLE
Drafts issued direct onclUes of the world
Letters of Credit issuedExchange boughtInvestments collections madeStocks Bonds bought sold
Nationali BANK-
Pa Ave opposite U S Treasury
have National Bankprotection in addition to drawing interest if deposited in
Savings DepartmentJ ONE DOLLAR opens an
Funds payable on demand
THE TRADERS10th St and Pa Ave
Bankers and Brokers30 BROAD ST and WALDOHMSTOiUA
NEW YORK
Private Wires to All Principal Citios
WASHINGTON OPPICS-SiIViyMSEY BUILDING
Phonoa Main
Bssiiw
lee Toil Slack Crciange tad Prlilpsl staaijn-
Warkot letter froo on roquost
Phone Main 3822
If you have any rooms torent a want ad in The Herald will bringyou a good tenant
I COR 7TH AlD-I C STREETS
Moneyi
princi-pal
and old
A I
Savingsw-ill
ourac-
count
NATIONAL BANK
O BROWN CO
FMINING SToCttS
1411 StreetN5W
n e
I-
j1ir
A11
HWLSOfI
furnished
¬
¬