Transcript
Page 1: Pulse ShoJfrs Over But Are - Chronicling Americachroniclingamerica.loc.gov/lccn/sn84026749/1910-02-02/ed-1/seq-15.pdf · L THE TTASHIXGTOX TIMES WEDNESDAY FEBTrTAHY 2 1310 15 t Wall

THE TTASHIXGTOX TIMES WEDNESDAY FEBTrTAHY 2 1310 15 tLWall Street Pulse ShoJfrs Nervousness Over Situation But Declines Are Unimportant

MARKET QUIET SLIGHTLY LOWERLEADERS ENCOURAGING-

THE INACTIVITY

NEW TOMC JBb i The market isstanding the strain incident to the failure of one of tbe largest bond noose onthe Street with more or less show ofgrit yielding bat not with any sensa-tional break slowly and contestingevery fraction of a loss Moreover theoversold snort interest is rather

about extending Itself acting with

weeks past The result baa beanquieting down oC trading activities aletup hi busmese a pood sip aoL onethat interests favorable to thehave looked for with considerable earn-estness for some time past That thebears have not dared attempt a rush onThe list under the influence of a bigfailure the forthcoming decisions andthe favorable developments m their behalf during January it to be-

taken as an encouraging sign and encouragtng signs are much sought afterthese days

Another encouraging sign and onethat the Street noticed and found Borne

the peg was stuck into SLfe to 9 onSteel common A leading brokaragehouse sort out this interesting little bitof gossip that means much

Little Steel holds stubbornly around

that figure it ought to rally It looksas if the market had found a levelwhere support would be forthcoming-If necessary The short line to un-

wieldy The Ffajfc Jb Robertson failurehas some dry rot features about itand should not have any morions effecton the market

There is one feature of the situationthat is sot favorable and that to theweakness in London This may be dueto heavy selling front this side of the

by holders Incident to the Paris catastropby

The list ought to be near a purchase

trerae aervonsness fas riot to the liking-of the conservative traders and untilthere is a clearer sky the shore shouldbe a more or less attractive place ofobservation with carefully planned andclosely watched transactions

The fact that the big failure was soIneffxctive an aid to the bear plansdistant Support seems to b comingout a little m ro freely and the theorythat it woud be dangerous to permithe big short interest to slam valuesmuch lower Is growing

Steady a Little FirmerThe market continued to steady

and a little nrmer during the afternoonpassing through until the end of thesecond hour thereof withoutany signs of the bears attempting torush the list This quietnessWas to the liking of financial men gen-erally

At this time the net declines on theJ7m failure wen on Steel com-mon on Union Pacific 1 on StPaul 14 on Rock Island a net galaof on Reading and small lossesthroughout the listactually surprised its friends

THE CURB MARKETQuotations f a by E P Mellon

Co members X T Stock TTiiiBMsji K FCaverly

British Col Copper 1 1 7 74State GasChino Copper J2 12 12 12Cobalt Central IS M K IXDavisDaly Copper 3 3 3 3Ely Central S 3A 1T4Giroux Mining M XK N 1M4Goldfield Consol 7 7 7 7GreeneCananea 9 9 9Inspiration CopperKerr Lake sjj s-

McKinleyDarragh 82 82 mNevada Cons Cop 23 3 2 33Union Mines 1 1 i 1Yukon Gold J 5i

SIXTEENTH STREETTO LOSE NEW TITLE

Counsel Decides Commissioners-

Have No Authority to Call ItAvenue of the Presidents

Sixteenth street north of Florida j

avenue which for a time wasmx The Avenue of the Presi

dents is a ain Just plain Sixteenthstreet

Pursuant to the request of theSixteenth Street Improvement Asso-ciation the former board of Com-missioners by a majority vote chang-ed the name of Sixteenth street northf Florida avenue to The Avene of

txt Presidents ContnUssionr Jndhowever was uncertain as to the

tjThority of the Commissioners rh thejrfmises and naked for an opinionirom the Corporation Counsel wholoids that the Commigniou werewithout authority to rename Ute

In view of this opinion the CornrrIsFionersunless a bill now beforechanging the name to The Avenue-of the Presidents is a Be p ted Six-teenth street will t beknown aa Sixteenth street

EXCURSIONS-The new Norfolk line of the Potomac

fers an ideal way for an inexpensivevisit to Old Point Norfolk and the

on the Virginia coast about thelatter eity The big steamer St basleaves Washington each Tursdav I

Thursday and Saturday at 5 p nu rriving in Norfolk at 7 a m the next I

day Returning the boat leaves Norfolk every Sunday Wednesday and Friday at p m and Old Point at C p marriving here early the next morning

regular fare for the round trip isbut 33 and on Saturday a special ticketgood to return on the Sunday afternoontrip from Norfolk to sold at SZ

RECEIVED BY FjOPEROME Feb The Pope received in

private audience Arthur S Hardy for-mer American Minister to Spam and3 irs Hardy

Present this coupon at either ofJ T D Pyles Stores

February 3rdand you can buy any or

all of these1 quart fancy rranbrrries for 5c6 lbs Coaro K na ny for 1Or2 cans Herring Roe for i-

sJ T D PYL14 STORES

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PRICES TODAY ON

NEW YORK EXCHANGE

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37 37 37 I 30a-KaaC3trSvM

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PumijKafa 133 M I 1S-3HPaCStL Sf BI H-

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Taper B t M 4 3 i 32later Steers P 48 481 4gfe 4M-4Xackiy Cocom 8 8 l-

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Steam Pile 3 i 321 31-PeoG of CU Mf MBK MBKIlM

Steel Car eon 4 4 4 4Ut I 42-Psihmw COMPMV Mt MMi m Mt

41 4 K 4 K I 41Mtr Steel SKS MKen I AS com 3C 3H 35K 35-Be L S vM MK Mt MMft 1 Ml-Sioa S S A L con 1

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Coal and G ieTfi-Wost UBJOB Toi I 71

West Sec Man 71 71 71 I 71BONDS

Amer Tobacco 4 771 77 77H I 77Amer Tobacco s MT MM M7Atcn COBV 4s IlK

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U S Steel 34 PV BBM M94 M6K 1 1-0Kot Quoted

OF STOCK BY HOURSSsareetell

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PRIMARIES FAVOREDSPRINGFIELD 111 Feb 2 The

bouse by a vote of 1W to 39 has passedthe direct primary election hilt TheWH ro s to the oii3tp

Reduced to69c Iit A cleanTip sale of SlOO Sl25-

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Wholesale Produce Prices

Eggs Cheest and Butter

J cj Ue tots OBIJ Jobbers lots are ironlicensed CK 1

flats large p r lb JJper lb

tee dot 6c-

J e r WSScke4 rw lb lIe

Poultryr P JJyClilcltejis per lb

fce s lIe rooster c y Jfa-tasac hens 28a29e

JSE per Ib tonsW 2t2Sc chkh is l a c lM-

tarfca iSoMe capon 7 lb a eroaje-S6 UL suoac

Fruitp r bM s a5W Ftorida

8 rli e par strap 3Jte M scranberries per Wrt a W

Vegetablestato I r MM u 2S per ate

wet potatoes Hit eafcbmsjg1 a onions pe bv M L Huh

t wtato per bW M3telS turnips w-a rutabaga flSfel75 parCfc-

C Mt string b u e per baataeFlorida lettuce per ba kt L ii-

m22 Camoritta celery per cratelisle MM 75aWc Bnweeispet qt Florida tomatoper 2MaSa KiorMa peppers

bM JtWa27S GtitiiHIower basket JLtte-zaa

Live Stockao s Prime pr lb mg Nm Sfe-

i raaisaia 7ac temba aSc chafeii Ose medium JtaK Sfttare ed pork ftaMc 7ate

Game

BY FIRMS FAILURE

Fiske Robinson Trouble-Is Considered Far From

Hopeless

30EW YOKir Ft b 2 Tfce failure of

Fiske and lobtnaon hat little eec onthe market the big honking In-

terests basing made arranseenwts over-night to support

It has oni one ntiltton dollarsof unsecured debts aria K is expectedthat its resources will be conserved aridthat all of the obligations will even-tually be met

The chief difficulty will be in preventlag the sacrifice of certain securitiesthat have been deposited as collateralfor loans and which are of the sortusually referred to as indigestible Ifthey are dumped on the market theremaybe a serious loss to creditors but ifthey are held and It is understood thereceiver will try to have them helda time ieaM they may eventually beJisposetl of with no loss and possiibiywith a small profit to the firm

INCOMING STYLES

National Show WillOpened Monday When

Tailors Convene

TIle women who is In dofabt aboutmakeup of her wardrobe for the in1-conttos spring and summer will Pad herperplexities vanish with a visit to thenational style snow which win beopened next Monday at the ArlingtonHotel m connection with the annualmeeting of tbe National Ladies Tailorlag Association

Representatives from the leadingtailoring nrms of the country will hein attendance and the daily exhibit ofhats and frocks wilt prove H picturesque-and interesting feature of the yearlymeeting the men and women whomate the styles for Americans Thedisplay nude of American madeAmerican materials will include theafternoon frorks gowns for PalmBeach gowns for midJune m shortgowns for every season and for everyoccasion

All the swagger tailors modistes andmilliners of Washington will have repre-sentation and supplementing these willbe displays firms from NewYork Philadelphia and Baltimore

The costumes will worn by lovemodels and a new toilette willdonned each day In the matter of dewith the exhibition Victorwho designed the decorative effect forthe TaftSherman inaugural ball hasthe in

interest of the welldressedwomen of the Mty has ben enlistedand a novel cxbibH will be made bvMrs A C Barney who in the interestof Neighborhood House will displaycollections of lace robes and sttfcs of herown designing

The dally tickets of admission willhave numbered coupons attached nitthe hoMer of the lucky number willcome inttf of one of the contune on exhibition each dayCharts J Columbus is manager of the

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TIte PItca gives below peultlY are fer

OSrit IIIbe cent

YorkaCe 17al

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RAILWAY SHARES WERE EASIERGENERAL MARKET QUIET

DEPOSITS DECREASE

There seemed to he quite littlesure wt Wacfato UMi Railway and Etec-trie siHuree both common aad preferred

TIM former soW at te m and tinspreferred from JS to SJ with recoveryto 17 preferred paying 4 per-cent ought to be a bargain for carefulinvestor The common le likely to selltower Judged by the action today

The rent of the market was of littleImporta e In a small wayat 37 and various sueof bonds mually traded In atformer prices

The Comptroller of the Currency hascalled for a statement of conditionof national banks at the dose of busi-ness January 31 19 Local institutions-are likely to bow a very material de-crease in deposits with some exceptionsThe issuance of M8 Trac-tion ae and the premium Incident totheir marketing made a big hole on de

The of the District ofColumbia have now been drawn down

on January interest and dividend ac-count not reinvested together withmoderate reinvestments made in NewYork stocks at the current towhave nit had their effect on deposits

statewtent

TODAYS SALES ON

WASHINGTON EXCHANqp

Columbia Railroad Vs jeWfpHCW

Capital TracthmWashington Railway sad Jdectnc

Washington Railway and Meetrfe pfla

Oas lti77Farmers and Mechanics fat 1-

fnited State Trust TOfUPotomac Ins 17CMColumbia Title Insurance sTfKAfter call Washington KaAway

Electric 4s 9tiM9ePotomac Electric 51I M W1T

United States TrustUnion Trust Mgl31

WASHINGTON EXCHANGEBID AND ASKED PRICES

GOYRNOENT BONDS

U S Ttrg Ts 1N MMu con rs mU S lHt l2-U S Coupon rI-

T S Rex 4s v 1M US-

U S Coupon rs 114 15GAS BONDS

Wafe Gs Cs 1

Wash Gas Ort s HRAILWAY BONDS

Cap Traction R R 5s 114 11-5Anacostia Potomac 5 M2City Suburban is Mflfc WWColumbia R R Ss M-SCotnmbia R R Cs 1 1

Metropolitan R R Vs 1 4 1UWash Ry Else fs K 7-

Wa b Alex fs lit Ver Ss KBONDS

PototmM Klec Cons s Wl CPot ISIec IC 5s IS HX W Steamboat Vs Ill M-

C k Vs M MWiAmer Tel Tel 4s a-

Kw rson Steam Pump 69PUBLIC UTILITY STOCKS

Capital Traction 1284 J34fe-Wa h Ry t Klec Com 2 57Wash Ky Else Pref ifc

Alex 4f Xt Vet S-

X A V Steamboat 3M 3S

Washington Gas 17 i-Georpetown Oas W 954-

An er TA Tel IKTYPE XACHIKE STOCKS

Linotype 2B 3Lan ton Monotype W-

M1KLKG STOCKSGreen Cananea t

NATIONAL BANK STOCKSAnterican National Bank JSB 1MCapital National Bank 3HCity Nat Bank IM 115Columbia National BankCommercial Nat Bank i lS tFar Xech Nat Bank 2ft 5Lincoln Nat Bank 14f MiMetropolitan Nat Bank O 3HT

Second National Bank 138 VNat Bank of Washington 2 4

TRUST COMPANY STOCKSAmer See Trust 2J5National Sav Trust 2 2Union Trust WI K4Wash Loan Trust 2K 212United States Trust Wfc Ittfe

SAVINGS BANK STOCKSHome Saving 3-

Mercn Mock Savings 166 lUnion Savings 2fDime Savings Bank 12

East Wash Sav Bank ISFranklin Fire Insurance I

FIRE INSURANCE STOCKSArlington Fire Insurance 39Com Fire Insurance 5Corcoran Fire Insurance 7X jFiremens Fire Insurance 3 S-Ger Amer Fire Insurance 2Sf

Potomac Fire Insurance MTITLE INSURANCE STOCK

Columbia TiRe Insurance 4 5 iReal Estate Tttte Ins 9 1WWashington Title Ins 2 4J4 j

MISCELLANEOUS STOCKSEmerson Steam Pump 11Grapho common M-

Grapho ijreferred 33Merch Trans Storage IKSecurity Storage 3

Market Kg

FLEET AT HONOLULUHONOLULU Feb 2 The Pacific

cruiser fleet arrived here yesterday oneda ahead of the original The

sailed from Yokohama Januarj 21

pros

Tile

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all but 1 per cent and the payment

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REMOVAL BARGAINSVvT

E none p in our ItO reo 613 Fourteenth treet Fbr-uary lth Meanwhile must make the bet of the time wohaie to dose out the Of Gur two storesAvenue and < F marked at Giveaway Prices

S3OOO OVERCOATS s15OoJtsAuerbtich qualityblack Oxford riatY and any

cheiots Sizes D to ji lReIudhlsstout I-

M 31 35 M a1 i U U U

i JThis ladudet evercoala rain 5to go at onehl price

Joseph Auerbach2 Stores J 623 Penna Ave

l 1405 F Street11

to new byvetcks t Pernsyl-

vania EverythIng

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The annual report of East Washhicton Heights Railway Cumnany tCongress for W ta as Cattows

Amount of eanRnl stack paM in14 WLTotal amojnt of funded debt 5 09Amount of noating debt t3Z4KC7-Vmount due on real estate JM3Average of Interest priM on

debt per cent i-

la mUes about 1Weight of girder ranm per yard

pounds ffNumber of ears 2Number of motors tAverage time of M

passing over road mlnul in CL

Total number ofAverage fare per carriedReceipts front passengers for the year

ISM 6f8 7Total cost of maintaining oqutpmentJ-

4W82Cost of power SMSWages paid conductors motonaaea and

other car service employee ML1SSalaries of offlcea clerks nod agents

said office and miseeUaaeous expense

Damages to persons and property

SUBURBS CHARTER

Protests Against Incorpora-

tion of Chevy Chase Made-

to Legislature

Pub J

tIeD m Maryland Legislature aregetting numerouK protssq against tile

The intention of Ute delegation is to

A member of tile stated thisthat ibis members would be

fat the matter at AnnapolisSenator Wilkinson one of Re-

publican w e iL rs of the upper branchof the lejrbjlatuie made a big effort toprecipitate a conteet between theCrothers and antiCrotbers elements ofthe Democratic Senators by offering aresolution for the appointment of ajoint committee to investigate the nnan-cial conditIon of the State It washeaded off however by the carrying-of a motion to lay It on the table Thismotion was not made until SenatorWilkinson bad boon allowed to spook

Senator WiBtlnsoc alluded to the con-troversy started by the gOvernorsdeclaration t t tile State faced a de-ficit of a anii dollars and urged thatit was ant to know Just whatthe conditions wore before too appro-priations of the session were made TheDemocrats did not care to debate theirtion to lay on the table was carried bya unanimous party vote

DeJepat J H rry Paint of BattiiroreCity the RepnMicaa leader hasa bill granting women the rijrhtof suffrage at all elections This fa id-Htional to the bill already introducedfor woman suffrage in municipal elec-tions in Baltimore city

The Legislature is looking forward tolions of women in the interest of thetwo NIle win descend upon AnnapolisIt is not believed that any win be ofthe militant variety however

SECRETARY TO PASSON SURETY BONDS

Present Duty of Attorney General May Be Trans-

ferredand

riot the Attorney General win peasupon the bonds offered by surety corn

reported by the Noose JudiciaryCommittee becomes a law

Teh measure was Introduced byRepresentative Bonnet of New YorkIt provides that in all cases wherethe Government exacts a bond in anaction at law and a surety companybecomes bondsman the S retary ofthe Treasury must that pass upon theof The security offered beforeit is accepted by the Department ofJustice

FinancialFORTUNES MADE IN WHEAT

buys option nn 1M9 bn ofAllf No further risk Each Ic movement

from n price makes JIMZc 389 Sc Sft rtc f r free circulars

COLOXI VI TO K GRAIXKey 1115 ScboOeid Bldg Ctevelaad

Crass Furniture H-

H OfferingsJZ Make your selrirtions today

Pleasing effects are here for your tt-tj inspection tt

W H HOEKE I-

H 8th and riarket Space H

RAVENT Tirw

SAVE YOUADOLLARC

Tnre fCot 7th and E StsRelIable iniU Pa Ave N T-

Eaoe Houses l

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the

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take JIG action upon tile matterchance Is every one to be beard

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the

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differences at the time and the me

next with Interont as the

The or Treasury

panics In the future If a

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OPPOREDBY

Montgomery delega

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Secretary the

bill favor-ably

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Financial Financial

Capital 500000

The Soundest J

TrOFFICERS

Frederick G Stevens President-N H Shea Vice PresidentA G Clapham Vice PresidentJohn CashierSam J Henry Asst CashierHerbert V Hunt Asst Cashier

DIRECTORSBy-ron S AdamsWalter A BrowsJaw 3 A Ca nA A CiMBteW A H CSMM aA G CtepmUMJoint HSlyw OobeaSamuel G Cornwall1 J DarlingtonH Bradley DavMaasVictor B Deyber

Wm F RamJames C BoosJohn A JohnstonEMrldge K Jordan9HMps Hauffmaan-Kalsta w LeeW A hearseJno L XewboldClarence B PhasesHoWCharter F SchneiderX It SbeaFrederick C Stevens

art

Poole

Clasp

Special Facilities for Women Depositors

Cor 14th and G Sts N W

Under Supervision U S Treasury

Every ArgumentEvery Inducementurges you to bank with this bank

Open a Savings account and deposit part of your earningseach pay day Your money will earn interest at 3 per cent perannumCommercial accounts are soBced and every cotirksy is

tended depositors

OFFICERSfc Borg President John 3 Rteniaa Caefcter

President Joseph H MHane SecretaryRichard J BanwHa Second Vice Jonn F Collins AuditorAlexander Wolf General Counsel

Ross p AndrewsGorse E BarberWilliam A BennettWilliam BluesA BrytewsklI-xMtis BushMax robertJohn F CollinsFloyd E Davis

J Earnawaw

DIRECTORSWilliam A EagleHarryAlbert S GalleyAshley 3 GouldSamuel HartLouis J JadEsonHarry KJujrPhilip KingJohn C LeftsJoseph H Milan

OntrickMaurice D Boeenber-Joeeeb SandersElte SheetsHarry StandtfordMEd ward Swing

A WeaverJohn CAlexander Wolf

DlflE SAVINGS BANKCor 7th and E Streets N WSafe Deposit Boxes 250 a Yearup

THE COMMERCIALNATIONAL BANK

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DJoseph Vice

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Jolla H

Clarence

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President

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Safety andSatisfaction

Banking Injures absoluteprotection and unsurpassed service

This i the OLDEST savings depositorv n the District of Columbia

iSTSame rate of interest paidon both large and smaTI acounts

National SavingsTrust CompanyC-

or 15th and New York Ave

Hifafas Building

Tori Stock Ercbaajm-I Mesfeeris 7aatU8gtoa Stock ExchacrI JLChJcaco Board aT

LOCAL STOCKSvocght n3 old ontarorable tersx afor trading In X w-tOCtlJUKl bonds

Paid onSavingsAccounts

Commerdal PersonalCheckins Accounts Solicited

Home Savings Bank7tb and Mass Ave NW-td and H Sts N E-

43S 7tb St S W

Ready Reference and

LERCHS S36 12th St X TT

CLOTHES CLEANED t PRESSEDSINGER 601 lltn at N W

H JACOBSOX 1 5 E at N WCC XTBACTORS-

Vni I STEWART Evans BideHOTELS

GREABON HOUSE usa E st N WHOUSE FRESCO SIGN PAIST1KGJ E i36 13tb at N W

PATENT ATTOItXEYSLEWIS T GBEIST 918 P JT

John S Ocrajr BWg stb and G nwPHOTOGRAPHERS

W A SIMONDS 132 P st N 5-7j B BROOKS Ill Pa ave JT T-

VKESTATJUANTSThe famous noon lunch 20c

TIlE GROTTO IKh and S sta JT TTj I HAVENS 12 6 N Y ave X IT

TAILORSj J FARRELL CO ai st f 7-

7TYPK TvlTTEX LETTERSFrancis iL AUord Co ite ilunaey BideDBPlIcattas ieiter Co Pa av utb st aw

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Business GuideCLEANING AND DYEING

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financial policies areconstantly maintainedin the conduct of thisbank

Its affairs are man-aged by substantiallocal business men whodevote their energyand experience towardpromoting the best interests of depositors

This bank also offersevery advantage of location equipment andcourteous attention

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Offfce of the Comptroller of theCurrency

Washington January IS ieWhereas by satisfactory evidence pro

sented te the undersigned It has beetmade to appear that THE LCCOIXNATIONAL BANK OF WASHINGTON in the City of Washington Dietrlct of Columbia has complied with allthe provisions of Act ofto enable National Banking Aaooohulonsto extend their corporate existence andfor other purposes approved July 12th3SG

Now therefore I THOJ4AS P KAXEDeputy and Acting Comptroller of the

do hereby certify that THKLINCOLN NATIONAL BANK OFWASHINGTON to the City of Washing District of Columbia te authorizedSled In its amended articles of aaeocia-tten Maaacly unfit close of buatoma onJanuary X IHt

In testimony whereof witness my handI and Seal of office this Fifteenth day of-i January DIG T P

Seal and Comptrollerj Ex Jfo 2SS of the

No 47 3a3 29t

THE NATIONALMETROPOLITAN BANK

Kth Street opposite U STreasury oldest NationalBank in the District of Co-lumbia invites accounts of cor-porations irma and individ-uals officers of the bank

I be consulted at any time

INVESTMENT SECURITIES

State Banjc StocxsAlso SlgliGrarte Industrials2TVrltc for Cnrreat List Wo23Debenture Corporation

Brunswick BolldlBc Madison SqaarYork awtr

The Safest InvestmentsUxoca tnt do not Sectvata dwlne di-

tcrted ccodlUon of the taoser stock maolets First deed of trust notes first raorgages well secured oa real eatzta In thaDistrict of Columbia constitute giu edtinvestments They do not dependflTta respcnslMlltr oj individual or cwa-erations for their stabilltr and arfrom taxation as personal property Wcpply such Investments In amocsis froia

Send tar boold t CooceraiacLoAn and Investments

Swartzell RhcemHensey Co

S27 15th St K Tf

One toAccumulate

mcney is through SOUND INVESTMENTS Depositors In thisbank are offered every opportunityto take advantage of such investmeats

Those interested should conferwith UJ

Dept rOB BABIES

NationalOPP U S TREASURY

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Are at your service rind mAY

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National Eank Stocks In AltCities or

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