Newspaper Page Text
THE WASHINGTON HERAIiD. TUESDAY, TSmTSMBER 19. 1912;
Local Financial Matters
Br I. A. -FLEMIAG.
It was a slow, dragging and erratic
iiy on Wall Street on Monday. The
declines were more numerous and more
Important than the advances, but the
changes were comparatively small.
"With the opening there was a fair
show oC undertone, then a reaction with
a recovery and another easier tone tO'
ward the close.
Concerns that have passed through
Presidential changes and panics are not
especially hopeful of the present mar
ket, their optimism being more connect
ed with the market of the future. The
short Interest outstanding at the present
time Is very large. It Is unwleldly and
could be run In for good gains any time
the bull leaders might undertake a cam
There is nothing at this time to war
rant a bull movement.
Money has not commenced to flow
from the West in appreciable amounts.
The banks have maintained an" even
keel by calling loans. Money Is tight
all over the country.
The street hoped for Important decl-
sions yesterday, but the Supreme Court
again disappointed the fraternity, and
adjourned until after the Thanksgiving
The bathtub decision was the only one
" handed down and the government's com
plaint was fully upheld.
December 3 is the date of the reassem
bling of the court. The Minnesota rate
rase Is one of the most Important, In so
far as the railroads of the country are
concerned. Then the Anthracite Coal
case, pending, takes second place, and
there Is just a hope that the Southern
Pacific-Union Pacific relations may re
ceive the "O. K." of the court.
In view of the conditions hanging over
the market. It is more than likely that
we will have a backing and filling mar
ket for the next three weeks unless
speculative forces undertake a campaign
while yet there is time to whip the shorts
Chairman Pujo has announced that his
"Money Power investigation will be re
sumed to-morrow, and that the report
will be ready for submission to Congress
by December 20, in order that "Congress
may take such action in the way of
remedial legislation to correct existing
abuses and evils In the carrying on of
the business on the clearing hoimes.
stock exchanges, and national banking
associations of the country as may be
warranted by the facts."
The Washington Stock Exchange would
welcome anything that would remove the
depression in trading activities, at this
season of the year, when business should
be at Its best.
The local clearing house is doing its
duty every day, but would welcome any
changes that would make for the speed
ier handling of the exchanges.
If there is actually a "money power"
it must be a New York proposition:
there Is nothing in Washington to sug
gest even the appearance of control of
power In a financial way.
Local bankers do not look for any de
velopments of Interest as a result of
Qraphophone preferred was the leader
of the stocks on the local Exchange one
day last week.
Two years ago the perferred stock
sold down to 19"4. Its decline to the
low was gradual: Its advance to T9 has
been more or less rapid. The stock is
now on a dividend-paying basis. Talk
ing machines and phonographs have had
a new lease of life, and Graphophone
has participated in the better times.
The Anacostia Bank has entered the
ranks of dividend payers. Tne Institu
tion recently declared a 4 per cent semi
annual dividend, showing Initial distribu
tion on an 8 per cent basis.
It has been well patronized, and has
large deposits. The president of the in
stitution Is George O. Walson. cashier
cf the National Metropolitan Bank.
Comparitively few of the SO.000 cer
tificates of indebtedness of the George
town Gas Company were exchanged for
bonds, when the offer of exchange was
made, a couple of years ago.
Some surprise was expressed at this,
but the fact that the certificates are
convertible for stock at the rate of four
shares of stock for every J100 of certifi
cates, ought to remove any Question as I
WALL STRBET GOSSIP
It is pointed out that the Democrats
have traveled probably as far from free
trade as the Republicans have from pro
tection extreme ideas, and that the re
sult of tariff revision will not be un
reasonable as a whole.
Laxwson is reported to be a prominent
bear seller of the stock market.
Some pools In specialties may have
loans called on them during the current
More attention is now being given in
offices to the Money Trust investigation
"The most desirable speculative invest
ments In the world now are American
railway standard stocks," says a large
There will be no Tariff Commission to
revise the tariff. This has been decided
by Wilson, It Is said.
In certain quarters of the financial
district the word Is quietly passed about
that radical tariff revision will be fol
lowed by wage reductions.
There is more talk heard In interna
tional circles as to the probability of gold
Imports. This Is said to be influenced
by huge exports from this country In
connection with more diplomatic reas
surances as -to peace.
In Reading and Copper, well-informed
buying Is reported from the board by
brokers, who may be called specialists
In information on these stocks. The
earnings of Reading are very large and
encouraging to Insiders.
London The fortnightly statistics of
copper shew stocks decreased 1.003 tons,
end visible supply decreased 2.TS3 tons.
The market continues to go backward
and forward over the same ground and
there is no sign that It will get out of
its nit ra the immediate future. On any
further bulge to-day I would sell stocks
end be prepared to take them back on
Lamburgh Bros, and G. C. Miller sold
Union Pacific at opening. This Is said
to be for London account and repreaents
stock bought on Saturday in anticipation
of a higher range of prices this morn
ing, National ' dinners' report 10,Si,000
Everybody has the tip to buy Ameri-'cSBCoirptr-,
The stock looks and acts
to whv the certificates are highly prized
bv their owners.
last sales of Georgetown stock, re
ported privately, were around 120 a share.
If the holders of the certificates are en
abled to convert them there would be
the handsomest kind of a profit in the
transaction. The Georgetown Gas Com
pany was Incorporated in 1S54, and the
capitalization Is Just the same as It was
at that time, a self-evident Injustice to
The Georgetown Gas Company has ex
clusive franchise for furnishing gas west
and north of Hock Creek Park. At the
time It was formed the limits of George
town did not call for more than J150.0W
capitalization for the gas company, but
to-day. with miles of mains north of
Connecticut Avenue Bridge and out Chevy
Chase and Cleveland Park way, the small
capitalization Is certainly inadequate.
Where are the certificates of indebted
ness? It is interesting to note that the larg
est holders is the Washington Gas Com
pany, the owner of a majority of stock
in the Georgetown Company. Four to
one on its certificate holdings In stock
would make the minority holdings much
less important than it is to-day.
Just at present there is little likely
hood of any increase in capitalization.
Half a century of small capitalization
does not entitle this utility company to
an Increase simply because it was char
tered by Congress. Under the provi
sions of its charter the Supreme Court
of the District had the say on capitali
zation increase, this has been repealed
and the capital can only be altered by
Georgetown Gas certificates are still
listed on Exchange but they rarely show
in the sales list They are closely held
and in the hope that in time they may
be converted. The last sale was at lw.
Sixty-six shares of stock, and ' J4.500
bonds, face value, were traded In on
the local Exchange on Monday,
was, comparitively speaking, a large
crease on the average of the last few
days, due to the trades In bonds and
yet the action was just about as slow
Railway preferred was a little firmer
the preferred selling at S3 1-2 and
Capital Traction brought 124 and 12! 3-4
wag bid for stock with none offered
A small sale of Gas at f6 2-4 and
few hsraes of National Savings and
Trust Company shares at 265.
Gas as and Traction 5s 110 1-2. Poto
mac 5s 107. Chesepeake & Potomac 5s
Building operations in Washington in
October increased nearly 25 per cent
from the operations of October of 199.
The total figures of last month are
given as $03,12', and yet a decrease of
about $39,000 from the total of Septem
That there was a reduction from Sep
tember was probably due to the com
mencement of the period of tight mon
ey, of lessening accommodations for
realty operations. There seems to be
plenty of money for the merchants and
for borrowers on collateral security, but
for the time being apartment buildings
and real estate loans generally are com
pelled to wait.
The average gain of the cities of the
country In October, as compared with
October, 1911, was but 6 per cent, so
that Washington, with Its 25.4 per cent
increase, is really showing a good rec
ord. Many of the large cities. Chicago, St.
Louis, and New Tork, showed decreases,
Manhattan island operations being the
lightest since 190S.
The annual meeting of the stockhold
ers of the Baltimore and Ohio nallroad
Company took place in Baltimore yes
terday. In the absence of President
Willard. who was detained in Chicago
on account of the locomotive engineers'
arbitration, George F. Randolph, first
vice president, presided. C. W. Wool
ford, secretary of the company, acted
as secretary of the meeting. Thornton
Rollins. James Shriver, and George E.
M. Hauck were judges and tellers. The
stockholders approved the annual report
and ratified the consolidation of the sev
eral small railroads in West Virginia,
and Pesnsyivania, which was Individual
ly acted upon recently by the respective
companies. The retiring members of the
board of directors were re-eletced.
like the manipulation which recently ad
vanced the Can stocks.
Trading in the stock market yesterday
was on a restricted scale, chiefly on ac
count of the uncertainty of the money
market for the near future.
Saturday's bank statement, while much
better than expected, had no influence
on general sentiment, as It is well
known money rates are likely to rule
higherover the turn of the new year.
The Supreme Court rendered a very
important decision, declaring the so
called "Bathtub Trust" aa Illegal. The
c,ase really Involves the legality of pat
ented devices In the manufacture of an
unpatented article as a basis and con
firms the lower court's decision. The
court adjourned until December 2, when
it Is expected decisions will be an
nounced in at least one If not all of
the three big cases which have been
Pending for some time, namely the
Union Pacific merger, the Minnesota
minimum railroad rate case, and the
Anthracite Coal Trust
In view of all these uncertain features
hanging over the market. It would be
unreasonable to expect anything better
than Irregular fluctuations of a backing
and filling character from the present
level for the next week or two.
BOSTON C0PPEE MARKET.
Adrenturfl r. fi (i
Bohemia 2 z
Cal. t Ariz. ESQ HO
CaL tt HecU 784 78Vi
Copper Range 57 STVi
Eaat Butte 13 15
Franklin 10K Wis
Indiana . n 14 rjv,
Lake : a J1V4
La. Sails svi 5?
Mason Valley 12H 12H
Mayflower 13 14
Margenthaler .. 23
Michigan .'......' IV 2
Mohawk 1.... 64 63
North Butte 36V X
North Lake 3 3V
Old Colon fi. jh
Old lwarnIon 59 60
Oneco .....'. 2 ZH
Osceola. .., 110 Vi 111
Quincy B 89
Bhasnon lIVs US
Sooth Lake 6 7
Swilt 10SV, 10W
Tamarack 41 43
Trinity S SVi
United Fruit 1E3H 1S4
Utah Con. 13U 13V,
Victoria, . 2H It.
CHICAGO GBADT MARKET.
Furnished toy W. B. HIbbs ft Co.
WHEAT Open. Blfh. Lose. Close.
December............ E' 861, 8314 H
May.."............. MS CH S1H VA
December.............. 47Vi 47H MJ, 7!i.
May 47H 47H 47 47H
December................ X 31 30H SI
May. S SH SI. S
Car Foundry . H
Locomotive ...l '
Cen. Leath. pfdl
O. & L. 1
Big Four .....1
Erie lata ...... f,
Third Ave 14.
IL I. rfd...w..l
Va, Chemical,.. Ti
C. I. ripe pfd,..
Steel pfd. .....
Tenn Copper ..
X Paeine ....
-V. Y. Central
Rep. Steel ...
Col. So. pfd...
Beet Suaar ....
Wool pfd' 2
Beth. Steer pfd-1
WASHINGTON STOCK ttAUTTET.
Washington Gaa Si, Jl.ttO it 11W.
Capital Traction ts. $500 a 110H. ,
I'otomlc Electric Si. JI.00O it 197. 11,00 at 107.
Chesapeake Telephone 6s. J1.008 t IN.
Waahlngton Hair-raj & Electric pfd., 5 it W, 10 at,
90, IS tt .
Washington Gu, S at Ki.
MersenUulcr, 6 at 23.
Orsphophone com., 3 at 65, 710 at 5Z
Graphophone pfd.. 1-10 at SO, 7-10 at .
After call-National Sartao & Trait, 7 It Si
Capital Traction, IS at 12.
U. 8. ire. a.
C 8. Coupon 2a
U. 8. rrf. 3a .,
D. S, coupon Ss.
u. a. m. ....:
V. S. Coupon ts.
Georretosrn Gaa Sa 104
Waahlnrton Gaa t 119
Capital Traction Si in
Anaoostia Ac rotamae 5a. 99
Citr & Suburban U. M-P-i
Columbia Ss 100
Columbia 6a MI
Sfetropolitan Si ...... 105
Washington IUilwar 4 Electric (I. MS
Waahlnrton, Alex. & Sir. Vernon Si.... 92
Totomac Electric com. as MO.
Potomac Electric Light Ss 10M,
TCbesapeake It rotranae Telephone 5..... 104
American Tel. tt TeL i 110
District of Columbia Tarer Mfj. fa.
Washington Market 5. WT 99
Washlniton Market 6. lfj
Waahlnrton Market Cold Storage S
Norfolk It Washlniton Steamboat 5a.... 105
RlfSJ Realty 6a done) : 103
Ritgs Healtr 5i (abort) 101
PCBLIO UTILITY. 8TOCKS.
Capital Traction 13-.
Washington Railway & Electric com.... "US
Washington Railway It Electric pfd "ft".
Washington-Virginia Railway com i?'i
Norfolk It Washington Steamboat. 3D
Georgetown Gaa G2S
American Tel. tt Tel lie
TTPB MACHINE STOCKS.
Mergeathaler Linotype 224
Lanston Monotype. .... 91H
Greene Cananea Svl
NATIONAL BANKING STOCKS.
Farmers tt Mechanics............ 155
NaUonal Bank of Washington 21
TRCST COMPANY. STOCKS
American Stcurity d. Trust. 30&
National Satisga Trust. 30
Union Trust. IB
Washington Loan A. Trust. .20
United States Trust. 110
SAVINGS BANK STOCKS.
Bank of Commerce tt SaTiaga... ......... lzvt
East Washington Strings IS
FIRE INSURANCE STOCKS.
NaUonal Union 7Vs
Potomac .... 30
TITLE INSURANCE STOCKS.
Real Estate 95
D. C Paper Mfg. Co 115
Graphophone com 521
Graphophone pfd. 75
Merchants Trans. & Storage 105
Security Storage 210
Washington Market. I?
NEW YORK MONEY.
New York, Nor. 18 Call money renl 5 per
cent; high. ST.; low, 5H; renewals. 5; closed. 54;
ruline rmte. 5
Thfre Is no chanitr la the time money market. A
fair demand Is reported for the short terms, but lit
tle money is offered.
Rates are 6 per cent foe uty dij. 5a6 for ninetr
days. 5a5 for four months, and 5 for fire and six
Conrmerati prr it unchanged at 53U6 per cent
for the best name.
London discount, 4 13-16 per cent, off 1-16; Pans
discounts, 3-4 per rent, unrfcinfed ; Berlin discounts,
5-S per cent, unchannrd.
New York, Not. 18.
British American Tobacco SU 334
Anglo-American Oil 15', 19
Braden 8", 9
Cbicago Subway 41. 7
Girouz cons 4S 4'
(Ireene'ananeA 9 91,
Hollinger 114 154
Intercontinental Rubber 114 124
Kerr Late 2S :
La Boe cona 27-16 2-W
L V. Coal Sales Co 00 "40
Mason Valley lift 13
Manhattan Transit. 14 IS
Slarconi. new 64 7.
Marconi. Canadian 44 54
Ninisaimr Mines. 8S SV
Standard Oil 3C0 393
Yukon Gold 34 34
United Cigar Stores lit 1144
Univd States Cigar Stores pfd 13) U
BALTIMORE PRODUCE MARKET.
Baltimore, Not. 11 BUTTER Creamery, fancy,'
per pound, 33HaM; do, choice, per lb, 32a33;
do, prints, per lb. 3335; do, blocks, and Fenn
sjlrania roll, per lb, 233; Onto rolls, per lb.
2223; a-tore-parked. per Xb. 21i3tt; Maryland, Vir
ginia and PennlT-anU dairy prints, per lb, 3a
Z1H; proce-M butter, 3628,
EGGS Maryland, Pennsylranla and nearby firsts.
low ofT. 31; West Virginia, 2334; Western first,
lots off, 31 ; Southern firsts, loss off, 3233; re
crated and candled egzs, H to 1 higher.
LIVE rOULTRY-OiickeiL., old bens, heary, per
lb. 13; do, snail to medium, per lb, IS; do. roosters,
per lb, 9: do younc, larce, per lb, M; do, small,
per lb. 14; ducka, white Tekin per lb, H; do,
Muscotj, per lb. 15; do, puddle, lb, 13; tse.
nearby, per pound, 13; do, WeFtern and Southern.
per lb, 12; turkeys, younc. per lb, 18; do, old, 16;
pigeons, young, per pair, 20; do. old, per pair, 20;
guinea fowl, old. each, 23; do. young, 1H lbs
and orer, each, iS; do young, smaller, each, 25a
POTATOES White, neariry, prime, per bushel.
5055; Western Marjland and PennsylTania, per
bushel, 60aTO; New York and Western, per bus,
55&5; sweets, new. North Carolina, per obi, L50
1.65; do. Eastern Shore, per bW. 1.902.00; do,
catire. per bW, 2.002.25; yams, new, Virginia, per
CORX-Stock in elerators. 12.410 bushels, flhliv
raent from elerators 2,296 bmhels. Contract today
at me jfKvia w easier, wim po. rauea corn
(VA nominal. Tear corn early was a namini.
and January 59-UaM. The market at the 12:15 caJt
was miner, wmi ape nuxea corn 4. Tear corn
was 52 and January 51 '.j. Sales 5.C00 bushels Jan
uary, 5L Settling price officially posted: rt-m-
OATS-Stoc in aerator. 2.I43.M3 brahrf thin.
ments from elerators, 96.U3 busheln; No. 3 white
38H; standard white, 37a37!4; No. 3 white. 35tta36
No, 4 white. 33Xa34U. '
ItYE-Stock in elerators. 86.31 bushels: .Mn.
menti from ekrators, 590 boshekt. Bag lota, nearby.
s lu t,uuy, Hhm4., , r niriTx, aomeeuo. IsaJw
k 3 Western domestic. TtaI5: No. 4 wHt
domestic. 7273; No. 2 nearby, ax lots, TlaJS.
HAT Na 1 timothy, 20.BO12I; standard timothy
H-KMO-CO; No. 2. U.5ea.a; Na 3, 15aLTX0; light
done; mixed, 17.00al7.50; No. 1 mixed, ia.00aJS.50
heary dorer mixed. 1-MU15.00: No. 2 mixed, iloo
15.00; Na 1 dorer, 1X5014.00; do. No. 2; 10.00
12.00; no tsUbUshed ends bay, -00J200; sunrle
gradff nay, Uyto kind.' quality and ccodllic-o, c m
HEW YORK STOCK MARKET.
Sia- High; lair. dm.
500 Cbeuwake t Ohk.. ...... S1H IHi Si's
H JIlSChaL M .!... r H sat i
10.0CO Amalgamated Copper....... SS IH MVt
S American Beet Bugsr. MS M HV
J.8OT America, Can 41H Wi 41"4
300 Ames. Car roundrr..... O to n
10 American Cities 4SJ, 4J.4 ir
M American Citlea pTd 80 80 "
,aO Am. Cotton Oil COU SO1 W
on American Hide t Leather.. 5 Vi
20 American H. & L. trL 3 a
1(0 American le Securities.... an m, W4
3D American Linseed..... U UVi U
100 American Linyed pfd Sfi H'i 344
J.7VJ American Locomotire ., 47U 's s7
100 American Malt nfd . 2V eni CU
8.103 American HmeJticg Wi irk n-i
iw American Snuff TO 1JJ
3D American 8tL Fbundrr 40 40
209 American Sugar. 13Hi Ufi IS)1
w American Tel. TO. itzit lin IHT4
NO American Ton, vti nnr lOIU W"4 Vi
130 American W. W. pfd 9f "V f!4
L3M American Woolen rid a m Ui
1J0) Anaconda. 43i C
1.WO Atcnlran 109 WTii 10.
an Atchlaon pTd 103 lOlTa HBtt
mi Atlantic coast Une in U8
COO Baldwin Loco, Co ST 54
ICO Baldwin Loco rd 10T 10?
SO Bait. & Ohio 106H 108 10SH
iwj natopilu Jlln IS IS
V00 Bethlehem Mtect , 41", 40
SCO Bethlehem Steel rd TOV TO
B.F. Goodrich Tli Tl',4 n4
1.1CO Urooklrn Rapid Tranalt.... 89S S
a tj. ret 14 (1 u
SCO Cal. Pet, pfd 90 tBS M
1J03 Canadian llclne STH K6V S
l.K Cenlral Leather pfd 9!" JS
1.S50 Central Leather ;9H 22 SK
3D Chesapeake Ohio 81S (IS 81S
liu CBlc. Great West. 1SS 1S
3.K0 Chic.. M. i. St. P....... lit 11SS 1U
S03 Che. tt S. W an 139 13514
100 C. C. C. It 8L L 53 S3 S3
tlM Chino Con. Copper 4SS 8S H
31) Col. Fuel tc Iron 3SS J6S X
iui uol. Mouth lat Kd TZ T2 T2
300 Consolidated Oas Ill 1C 1U
1.0X1 Corn Products . It 15S 1SS
iw Lorn 1-ronueta pfd THs 79 7J
3 DH.. Lack. 4 Wert. Ss. un iin
80) Distillers' (securities 3, jas, a,
"m Erie SC4 JtS 3t
i'" Ktir 1st pM 52 61V
103 (lenrra! Slocors.' 35 3
3W Ooldfleld Consolidated IS ?,
XO (.reat North, pfd us 137 ; 137S
lireat A lire, auoa 4cS 46'. 46'
Vt Inter. Metro 1;, I9A,
"00 Inter.' Jletro. pfd SS' B a
SOD Int. ISrer 13 13 13
an Int. Paper pfd 54 14 54
310 J I Case pfd 100'. IOC", lOTi
1W J L Karier yJS c 9-i
SIM Kansas Citr A So .. . .... 31 s. s.
100 Knlrkerbocker Ice pfd Tt ;t ;t
an Ijckawanna Steel .. . . :o 6.1 M
20 Iclede Oas lOJS lS 105'i
it Uhlgli Valler ITI', 1T3S HtS
100 lAulatille A .VashTill. IK 1; IK
500 Mar Dtp. Stnre SI fls SIS
3)0 Mer Marine 5 5 5
.00 Mexican Petrol , , s
i Miami Cejiper SS 3"S 2S
3 M . S P. A S. S. M . ... 113 1CS lWi
100 Mo.. Kan A- T. pfd B 62 C
1.8TO MLwuri Padc 41S 4T. 41
100 Xaah. It Chattanooga 1T5 ITS ITS
100 National Biscuit. 13ZS 13T4 12ra
900 National Lead 60 59 59
ICO N It B. of Max. 2d pfd.. I', SS S
400 N'erada Con. Cupper. 2T i", US
L3J0 N Y Airtrake S3 (M 81
loo N Y Central 114 i:is HIS
100 N. T. Stat. Bra 8VS 89S 89S
310 Norfolk A Weatem lit lit US
800 N'ra-tiiern Paafie 125S SIS 12IS
1(10 Pariflo TeL tt TW 50 50 50
100 Panne Mail sis 3IS 3tS
SCO Pennajlrania. R, R 13S 13S 1.CS
100 People' liaa A O I16S 116S 115S
100 rittourg oal 23S 23S 23S
3 Pittsburg Coal pfd 92S 92S 924
200 Pressed Steel Car TTS 3Ti 3TH
100 Pressed Bteel Car pfj. ... 101S IMS WIS
10t Pub S. C. of N. J Ill 114 114
100 Pullman P. Car 166S I65S H6S
3.100 Bar Coo. Cop ZS 22S 2W
66,800 Reading 1T2 170". 171
900 Beading I pfd 91 91 Tn
TOO Rep. I. A S 29". 28S 2SS
600 Rep. I. A S. lYd SI 90S 90S
800 Rock Island .. 2tS ss ss
1.000 Rock Island pfd MS M 50
100 Rumelr 9S MS SS
200 Seaboard Air Une a 3S 20S
200 Seahoard Air Lin. pfd.... 49 49 49
200 St. L. Routhwwtern 39S 38S Wl
300 Soar. Roebuck S7 T3S 21T
3) SI. Sh. St. A Ir 50 31 50
200 S S. St. A Ir pfd 9SS 95'4 9C4
1.500 Southern Panlio 11SS HIS Ill's
803 Southern Rallwar 294 SS 29'
LIOO Studebsker 4r. 4IS 43.
200 Tenn. CippeT 40S 40S s
100 Teias Co 12) 13) 1J)
100 Third Arenur B. B 3 ?
i Tol Itjs A U IS I 4S
100 I'nited Dry Oonds 100". OTJS 1COS
250 United Dry Ooods pfd 105 lOfi 100
100 I'nited By. Inrnt. .16 X 34
200 United Br. Inrest Ifd 61 64 64
100 r. K. O. I. P. A F. pfd.... er ens 60S
100 V. S. B. A Ref. pfd 4 4 4
890) V. S. Rubber 56S 55S 5S
40.O0 U. S. Steel T3S TIS TIS
103 r S. Steel pfd HIS HIS HIS
1.P20 Vuh Copper 63S SS". JS
100 Underwood Co 105S 105S l'SS
SCO In. Bag A Paper 8S 8S H
200 Un. Bag It Paper pfd EOS 43'. SOS
T.300 Union Psdfle 17". 1T1S 1T2
100 Union Pae. pfd 91S 91S 91S
400 Ya. Carolina Chemical 4TS 46S 461.
200 Va. I!r. A P 54 54 54
100 Wabash 4S 4S 4S
20 Wabash pfd IP, 14S IIS
300 We.t. r. Tel 7? TTS TT,
300 Wetlnghou)e Mfff. fO1. 80S 80'
200 WliecL AUK S 9S 9S
000 W. A L. K. 1st pfd. . . 32 31 31S
700 W. A L. E. 2d rfd IS". US 1SS
Total sales. 229.308 shares, afainst 30.460 Sat-
urdij-, 4&1.613 a week ago. and 456.745 a year ago.
Toronto, Can.. N'or. 1A
Bearer Consolidated ....
City of Cobalt
McKlnley Dar garage...
Peterson Lake ...
Right of Way
Furnished by W. B. Hibba A Co. '
PORK Open. High. Low. Close.
January .... 1365 18.95 1862 1195
May .. 1125 1140 18.25 UJT
Jamjary... ....... 1070 10.92 1070 1082
May 10.D 1032 1027 10.30
January. 1017 1025 10.12 10.20
May 985 932 985 990
.NEW YORK PRODUCE.
New York, N'or. 18. Following are today's) qnoU
tions: RYE Lower; trade is alow. Western, to anise,
la rained at about 70. c. t f.. track and tSatc. at
FLOUR Easy; business is insctlre. Kansas
straights. 4.20al.30, in sacks; apring patent, 4.50a
5.G5. in barrels: spring clears, 4.40al.SO; aoft
straights, to arrire. 4.65a4.85, in barrels.
BUCKWHEAT FLO U II steady; dull. Weather
is too warm. Choice quoted at 2.00 for 100 pnunda.
BYE I"LOUR-Steady; demand is quiet. Choice
brands quoted at 3.70a4.10.
CORN'MEAL Steady , trade moderate. KUn-
dricd, for export, 3.70a3 75; coarse meal, in bags.
HAY Rccripta, 643 tons: firm; choice is salable.
Quotations are: For prime timothy, 1.15; No. L
LlOaLUS; Na 2. 95al.OS; No. 3. SSaSO.
STRAW Receipts. 50 tons. Steady: business is
moderate. Long, rye quoted at 85aSrS.
PORK-tSeady; trade Is quiet. SIcu, 15.7Sal3.2J:
BEEF Steady; inquiry is moderate. Packet.
30.CCa21.OO; family. 22J0a23.00.
LARD Firmer: lifeless brulneM. rrime West
ern. 11.73; refined continent, 12.05; South American,
11.70; refined Brazilian, in kegs, 13.70: beef stear-
ine. 12: utra ateanne quiet; ftew jorr, 12V
COFFEK-SIarket clced stesay. 3 pemu to 2
nun. uam. uiosing.
December. 13.64 13.60 UM413.I5
January 13.60 13J7 13.6CaI3.tt
FcbnuUT I3.G0 13.00 13.6013.61
March 13.82 13.87 US3aU.n
May. i 1106 H.or lLCOallCal
largest Morning Circulation.
New York, N'or. 11 A renewal of operations (n
Wataub 4a was the feature of to-day's session. Clos
New York Central Sa. 1969. 103H
New York Central ts. 1937
New York Central ts. 1959 98
Adams Express 4a.... &i
American Cotton Oil 5. SIS
American Hide It Leather ts loo's
American Smelting Cs.....s. M 10O
American Tel. A TeL col ts N
American Writing Paper Sa 8JS
Armour A Co. real estate ts 91 S
Atchison. Topeks. ic SanU Fe gen. as. ... 9TS
Atchison, Topeka A SanU Fe L Cs 107S
Atchison, Topeka It SanU Fe crt. U. 1960 10JS
Atchiaoo, Topeks. It SsnU Fe T. 8. U 4s. 91U
Atlantic Coast Line N. Ic N. ta , 92
Baltimore A Ohio gold 4a 97S
Baltimore & Onto S. W. 3a 80S
Bethlehem Steel Ss. KH
Brooklyn Rapid Transit is 90
Canadian Southern 2d 5s 99
Central Leather Ss 95S
Central of New Jersey gen. t. 11IH
Central Paeine 1st ts...' 1S
Chesapeake A Ohio eft. tS. "SS
Chicago, Burlington It Quincy gen. 4a 9IS
Chicago, Burlington A Quincy 111. ts. 98
Chicago, Burlington k Quincy la. Is Wi
Cbicago. Burlington It Quincy Joint U ....... 95S
C. Ind. A Lou. U. 124
&. Mil. & St. P. deb s 1931 90S
C. Mil. A Puget Sound 4s S3"
C. iliL It St. P. gen Is. series A .. 38
a. Mil. A SL P. tHl 10SH
Chicago A Northwestern gen Is... 97!fc
C It. I. A P. gen 4..
C, R. I. A P. ifg ts nu.
c. it. I. A l. cot. 4s t-s
CM. Industrial 5 83S
Col. A Southern ISs MS
Delaware A Hudson rfg 4s 97S
Denrer It Bio (Irande rfg Sa. 83
Distil. 8. Corp Ss - .3
Erie crt 4a series A 84'
General Electric deb 104
General Motor af 6a 99'
Great Northern 4Si lOOS
.. B. A W. deb B
Hlrnofa Steel 4ii. 90S
Indians Steel Sa. T 101
Interboro-Sfetrorolitan 4's 81
Interbon Band Transit gold Ss 103S
Int. M. liar. 4Ss MS
Kwa. A Mich. 2d Ss 98s
K. C. Ft. S. A M. 4s
low. Central 1st Sa 99S
Lackawanna Sire! Ss, 1915 10S
Liggett A Slyer 7. - 1J0S
It-rett A Mjer 5a
LouUrllle A NashTitle united 4r. 7S
SImn. A St. L. 4a
II.. K. A T. 4'is.
IL. K. A T. 1st ts 90S
M.. K. A T. 2d 4s 81
SItasourl Padflo con 6s 106
Mfcuouri Pacific cit Sa ITS
National Tube 5.
N. Bys. of M. IS.
N. Bys. of M. 4s T9S
N. O.. Mob. A C. Ss. 88
N. Y. Air B. crt ir ML.
N. Y. Cen. 3'ss f&S
N. Y. C. L. S. 3Ss TBS
N. Y.. X. II. A- H crt ESS
X. Y. Rwys edi 5. MS
S. Y. Teieph 4'wi
N T. W. A Bos 4Ss
North PadBe . eS
Or. S. Lin. lit s 11
Or. 8. Une rfg Is .
Pacific T. A T. Sa 90S
Term con 4s 19J0 1'CS
Penn. ?s 19U
Pub S. of X J.
Besding een 4s 96S
Ben 1 A S Ss 1910
R. I.. Ark. A L. 4Ss S7S
Rome. W. A Og. 5. 10T.S
St I. A S. F. rfg 4s 77
St. I. Swn. 1st 4 BS
Seaboard Air Line adi. Ss TiS
Seaboard Air Line 4s S
Southern Bell T AT Ss MS
Southern Pacific ml. 4s ff
Southern Paoffc crt 4 93S
Southern Railway Ss 106
Southern Railway 4a ...... 74
Tcias Company crt. 6. 100
Third Arenue aili Ss TIS
Union PartBc 1st 5S
Union Pacific crt. 4s 1C2S
Union Pacific rfg. 4 1G2S
U. S Rubber 6s 103S
U S Steel sinking fund !s .. 10IS
Virginia-Carolina Chemical Ss 9
Wabash 1st Ss KS
Wabash rfg 4s 69
Wabash P T 1st- 4s. Central Tr ctfa 31
Colorsdo Cenusl rtfs TV.
Western Eleetrlc Si 101
WeMinghouse Mfg is 9.S
Wert Shore ts "V,
Total -ales, tl.lTOOio. against S875.O0U Saturday,
S2.03B a week ago, and 52.BO3.000 a year ago.
NEW YORK COTTON.
Furnished by W B. Hibh. A Co.
Open. High. Low. Clone.
December 1151 11.75 II 51 H-73
Msrch 1191 12.06 1191 1204
May. 11 9S 1108 1193 1207
July 119S 12.10 1193 1208
REAL ESTATE TRANSFERS.
Twenty third Street Northwest, between O and H
Streets-Alrin H. Line et ux. to Robert H. Sio
Xeiii. lot 21. s.iuare 56. J10
Anion Heiibu- H.s K. Fitahugh to B. F. FIU
hugh, lot 4. square 4350. and lot 19, square 4316,
Washington Heights-John Alden et ui. to John II
Nolan, lot is. block 6. S10
Addition to Congress nelghts Ralph P Barnsrd ft
al., trustees, to Peter L King, lot. 23 and 71,
block 3. 110
1021 Thirteenth Street Sontheaat George M. Sire
et ui. to Florence F. Flynn, lot 75. square 1323,
1305 Potomac ..senna Southeast fluy K. Johruon,
trustee, to Jame H Pier, part lot 9. square
Fifth Street Northeast, between I and K Streets
Herman R Howenstein et ui. to Clarence S.
Jones, lot X. square 807, $10
L Strret Northwest, between Eighteenth and Nine
teenth Streets Martha E. James et sir to Eugene
R and J Arthur James IE. R. James A Bro 1.
part lot 34, square 107. S10
Mount Pleasant and Pleasant Plain-Rohert Lee
O'Brien et al . trustee', to William J Vickery.
lot 97. block 17, V3.600.
MR. TAFT GETS HEARTY
WELCOME IN NEW HAVEN
New Haven, Conn., Nov. IS. President
Taft received a quiet welcome to-day,
when he paid this city hie first visit in
cicht months, to attend a meeting; of
fellows of the Yale corporation. On hl9
last appearance here he was accompan
ied by Mai. Archie Butt, who since then
lost Ms life in the Titanic disaster, and
the absence of the aid. who has accom
panied him here on every occasion since
hiM inauguration, accounted for the ab
sence of noisy demonstration. The Pres
ident beamed cordially on the groups.
who gathered at every corner on his
tnu from the Union Station to the Yale
corporation quarters, apd his return, but
there were no cheers and no speeches.
Gov. Baldwin tried to reach the Pres
ident, but was unable to make his way
throueh the crush before the train which
brought the President here started for
Hartford, where the Govenor was head
The President was driven to the Yale
administration building, where he attend
ed a meeting of the prudential committee
at 11 o'clock, and of the general corpor
ation at noon. This closed at 1:30, and
he was driven to his private car. the
Columbia, where he lunched.
Th6 car was attached to the regular
New York express at 2 o'clock, leaving
here twenty minutes late The President
was re-elected a membi of the corpora
tion by a practically un .nimous vote last
To Present Nerr 1II1I.
London. Nov. IS. Premier Asquith to
day agreed to the submission to the
House of Commons of an entirely new
financial clause to the home rule bill,
which the Conservatives forced into the
bill one week ago to-day on a snap vote
and the house so voted.
This gives the home rule bill a fresh
start, which Is expected to be made with-
n a week or ten days. Much time will
be lost, however, on account of the meth
od of procedure adopted, the substitute
having first to be submitted to a com
mittee for consideration.
The Conservatives are expected to re
sort to obstructive tactics again as soon
as actual progress on the bill Is attempt
Girl Not Poisoned.
Ashburn. Ga.. Nov. IS. Chemical analy
sis to-day of the stomach of Minnie
liarchman. who died here under suspic
ious circumstances, failed to reveal
traces of any poison. Thomas Cleghom,
the, drl.'s fiance,, for whom a warrant
was Issued. (till missing.
UldCUUnri ivun dills
and get the maximum of profit out of your busi
We supply the money to our customers to do
this, provided theirs is a well-managed, successful
Accounts of competent business men and re
sponsible individuals are cordially invited.
THE COMMERCIAL NATIONAL BANK
14th and G Streets N. W.
ALLEHS FAIL TO .
GET HEW TRIAL
Virginia Court of Appeals Rules
Against Hillsville Desperados.
To Petition Governor.
Richmond. Va.. Nov. 18. The Court of
Anneals to-day declined to grant a new
tral to Floyd Allen and his son. Claude,
condemned to die next Friday for their
part In the tragedy in Judge Massle's
court, at Hillsville last spring. An ap
peal will be made by counsel for the
cendemned men to Gov. Mann, for a
commutation of sentence. The Governor
has already gone over all the evidence
in the case. It Is understood, and is pre
pared to act quickly. It is expected his
decision will be announced within twelve
hcurs after the application shall have
Judge Keith, of the Court of Appeals,
dismissed the appeal of Alien and son
in a single sentence, declaring that the
court could find no error in the record
and nothing prejudicial to the defendant,
the finding of the lower court being there
W. H. Gray in Capital to See Why
Standard Official Has Not Been
Arrested on Indictment.
. H. Gray, of Houston, Tex , who
was connected with Samuel I'ntermy
er in the recent litigation of the Water-Pierce
Oil Company against the
Standard Oil Company, arrived in
Washington yesterday for the purpose
of ascertaining the cause of the diffi
culty which the Department of Justice
and the I'nited States marshal of New
York are having In locating Jti Broad
way and arresting John D. Archbold.
In the Federal Court for the North
ern district of Texas last August. Mr.
Archbold was indicted for alleged vio
lation of the Sheiman anti-trust law
through the operations of the Magnolia
Petroleum Company. which it is
the Standard organized to operate In
the Southwest against the Waters
Pierce and Plerce-Fordyce Oil com
panies. It Is also charged that the
organization of the Magnolia company
was In violation of the order of the
I'nited States Supreme Court calling
for the dissolution of the Standard Oil
Mr. Gray lias been granted a conference
with Attorney General Wickersham, at
10 o'clock this morning, when the matte-
will be gone Into. Mr. Gray said last
night that before leasing Texas he In
culred at the office of the United States
District Attorney, at Dallas, whether the
Eastern officials of the Magnolia compam
had been arrested, and was informed that
although the warrant had 'been in the
possession of the I'nited States marshal
in New Tork for six or seven weeks, it
had not yet been served.
The Indicted officials of the Magnolia
Petroleum Company are John D. Arch
bold of the Standard Oil ompan. of
New York; N. Folger, president of the
Standard Oil Companv. of New Jerse ,
and W. C. Teagle. a director in the lat
ter company: John Sealy. of Galveston.
Tex : E. It. Brown. Corslcana. Tex : '. I
Payne. Tllusvllle, Pa., and General Sales
Manager Khb. Dallas Tex. The Texas
members of the company were placed
under arrest, and released on bond im
mediately after the indictment, and now
Gray is here to demand that similar ac
tion be taken In the case of Archbold and
his associates in the East.
AVyoniliiK 3lns Sluy. '(
Presence' of DaucliliT.
Rawl'ns. Wyo., Nov. 1. In the pres
ence of her little daughter. Melvin Davis,
twenty-one years old. beheaded his sis
ter. Mrs. Frank Ryder, with whom h
had quarreled. He is to-day being care
fully guarded In jail here by heavily
armed deputy sheriffs to prevent a pos
Davis and his sister quarreled at their
mother's house here He became en
raged and fired several shots at Mrs.
Ryder. She fled into the yard. Davis
rushed after her.
I'ncle Mel. don't kill mamma; don t
kill mamma." cried Mrs. Ryder's little
girl, as Davis grabbed an ax and struck
his slstr In the neck, decapitating her.
Davis fled, but was captured later by
a sheriff's posse. The prisoner was
brought to the Jail here. Feeling Is in
tense against him.
Ilads in all shapes to fit different parts of the body
Pains Cannot Resist Them
Tot RhsTirnstisTn, Lnrabago, Cold en Cheat, Kld
ai Iriasaw Sactatb.. Pass, as SUs. JOp. SaedsW.
Aaats. rot. Ebo-s. ateacss. et ta err ssn f tk. sr.
AT ALL GOOD DRUG STORES
BANK OF PERSONAL SERVICE
The Safest Investments
Are Ibces tbat da sot Coctnat. dartst crjav
tcrbed erjoditicDs ot the nunc, or stock raas.
lets. First deea of trust Dotes (first rrtorV
fates), well secured on real estate la the Dis
tzict of CohnnbU, coostltuts "gllt-edaV !
Teatmcnts. TToey do sot derend npoo tts
Cnssclal respocaiDllitj of lndlTldnala or ooe
coratlorjs for their stability, and ars exersps
Iran taxation as pcrsonsl propertj. Ts caa
CBT-plr such ICTeausents la amounts from 1x4
sward. Hend for booklet, "Cwo-rclil Uaus
Swartzell, Rheem 6
TZ7 XOtb Street Northerest.
HERE'S THE DESK
$2" :.- a pn. e ldom ao at d
with .. desk f such .'ill-.-r . ,..
goodm-s-' Durable, KOwJ-lookinK
and roomy in its compl-mon ol!
The Melton-Rhodes Co., nc.
11th and H Streets N. W.
Main TO! 5.
We Gire Vies In Httaid's C5.CT0 Contest.
For Your Breakfast
MADE from the choicest
parts of the reT. in
cluding the hams.
NOT a new product, but
one that has pleased
palates of Washington
people for 35 years. One
N. Auth Provision Go.
623 D Street S. W.
We Gits Votes ta The Herald's tS.XO Coolest.
W Cite Votes In Th. Herald'. ES.0m Coatee.
SM ALL'S is the Hardware
Store with the complete
stock and the little price.
Small's Hardware Store, 713 7th St. N.W.
W die Votes In Till Hrx&ld'a C3.O0 Ooct-wt.
Your lottc search Ji wle-t Yc-ur
paint trouNn - iftwi t" '
DE MAINE & CO.
Lowe Brcs, llwi SUMarrt FY's
3;is ii st x w.
tVeGIre Votes in Th. Herald's C3.000 Ccctast.
W W V 2f f V 'I V s?' ?' J "f ij' "fr T T V V i T i' "' '99v
i Tne Panama
W PENN. RYE
J. Ten -rears old. "J1.23. 4.
s Order by 'phone. .;.
At.o TESXESSEC 81.00 Battle. .
11 E Street It. W. a
Establl.he-. 1833. 'l'bone M. llSSm. a
H SyfelB Bui tM
.&&.- . ... 1 A - A