Newspaper Page Text
THE WASHINGTON HERALD, FRIDAY, JANUARY 24. 1913.
Shorts Force Partial Rally
When They Try to Cover
GAS LEADS LOCAL LIST
Comptroller Murray's Bank Statistic.
Railway 4 Per Cents Wanted.
Gossip of Street
lljr I. A. 1'I.BWINCi.
There was considerable action and more
or less Irregularity on Wall Street, many
stocks shotting lo-es. but nearly all clos
ing considerabU abose the low lcscl of
Man traders looked for a higher open
ing and nLiced wiling orders quite free-
Iv. the hope of higher prices being based
on the settlement of the European war
The buvers were not on hand and the
selling orders were executed at the ex
pense of general declines. These were ac
centuated bs the failure of the Union
Tactile Interests to come to terms for the
disposition of the boldings by the former
of Southern Pacific stocK -mat no an
nouncement was made does not mean
that none Rill be. as progress Is reported
on the matter, which -will probably be
finally adjusted before the end of the
Some operators looked upon the testi-
mony of W E. Corev. to the effect that
there was a pooling agreement at home
and abroad. gUcn In the suit against the
Tnitcd States Steel Corporation, as might
hating aided the weakness. It is barely
probable that it had small influence
The big fellows let the bears enjoy them
selves up to the last hour, then there was
a scamper to coer, and the close was de
cidedly firm at recessions from the close
Reading was off a point. Union Pacific.
1 4: Steel. Pa" Chesapeake & Ohio, I's.
and other stocks fractionally, while there
was strength In I.ead, Car Foundry. Su
gar, General Electric, and especially in
The advance in Can shares of 3H points
on the common and 44 on the preferred
was accredited to a big buying order by
V. C. Brown, looking a if the order came
from Insiders and might presage an an
nouncement. The only specially weak spot was
Delaware. Lackawanna and 'Western.
a. stock that Is selling so high that it is
naturally irregular, according as to
whether buying and selling orders come
along within speaking distance of each
An order to sell met a buying order
at 7 points reduction on the last pre
The Petroleum stocks weakened In the
last few minutes of the session.
St Paul, which had been strong,
weakened in the last Tiour on the an
nouncement of another issue of bonds,
this time J15.COO.Ono convertible V per
cents offered to common stockholders to
the extent of 6 per cent of their present
Interesting comment and features from
th reports by national banks to the
Comptroller of the Currency during the
tear 1912. as prepared b Comptroller
The law requires National banks lo
catcd in reserve cities to maintain cash
means to meet current withdrawals to
the extent of 25 per cent of their
posits, and banks located elsewhere at
least 13 per cent. On Nov. 25, 1912
against deposit liabilities subject to re
serve aggregating I7.03t.8fi0.00n. the re
serve required was Jl 400.100.0)1) and the
amount held J1.L"MO,000, or an average
of 20 3T per cent On September 4. the
average reserve was 20 per cent, but on
no otner can during the jear did the
average fall below 21 per cent
At the date of every report from
Dec 3. 1911. to Nov. 26. 1912. the average
reserve held by the central reserve city
banks exceeded the 23 per cent require
ment, except on Sept . and Nov. 26.
1912, when the deficiencies were .26 of 1
per cent and 61 of 1 per cent, respec
tively The reserve in all other reserve
city banks were well maintained and ex
ceeded the requirement except on Sept
4 and Nov 26. 1912. when there were
nominal deficiencies onl It Is evident
that the country banks nave less diffi
culty in maintaining the required re
serve or la per cent than the banks in
the reserve cities In meeting the require
ments of their special localities The
latest returns show that the country
hanks in every State exceeded the re
quired 13 per cent, the average being
1141 per cent
llidr flood Monrr.
National hanks as a whole, as evi
denced bj the normal ratios of loans
to deposits and the reserve held. hae
been in a prosperous condition This
situation is further evidenced bv the
average returns to stockholders in the
form of dividends. During the ear end
rd June 30. 1912. on capital of $1,021,000,
r). the banks paid dividends to the
amount of JI.:00.0rO. or 1166 per cent
In continental United States the divi
dends paid by hanks In the various
geographical divisions ranged from
a minimum of KOI per cent for
the New Englands States to a maxi
mum of 14 per cent In the Eastern States,
followed by 12.27 per cent for the West
ern States, and 10 and a fraction per cent
for the Pacific. Southern, and Middle
The profits of the banks are derived
from interest and discount on loans and
the returns upon investments in bonds
and other securities. The gross earnings
of the hanks for the jear ended June 30
were J43O.O4J.O0O. or S.S4 per cent on the
loans and investments, varying from
minimum of 6 03 per cent for the banks
in the. New England States to S23 per
cent for those located In the Western
What It Corns.
In connection with the earnings of na
tional banks, it is of interest to note the
current expenses of the banks in so far
as the government is concerned, and
also the gross returns to the government
bv national banking associations. The
principal Item or expenses, as shown by
the returns for the year ended June 20,
1912. Is the semi-annual tax on circula
tion, which amounted to J3.690.3CO. Irr
addition to this, the banks are required
to pay the expenses incident to the re
demption of their circulation, which
amounted to J303,733, and the cost of
plates for the printing of circulation.'
J35.CM. The cost of redemption of na
tional bank circulation is stated at
J0.TS233 per thousand dollars. The items
In question aggregate J(,231,10S, and 111
addition the banks were required to pay
assessments for examinations to the
amount of J326.169. and the corporation
tax. estimated at O.16S.000. These ex-
penscs for the year total J.S3S.00O, while
the expenses of the Currency Bureau for
the same period, excluding those reim
bursed by national banks, were J670,32S.
From May, 1S63, the date oL-thc organi
zation of the Currency Bureau, to June
33, 1912, the CXDenses of 'the Currency
Bureau, excluding contingent expenses'!
not paid by the Comptroller, but from the
general approp'riation for contingent ex
penses of the Treasury Department, ag
gregated JI4.596.167. During this period
taxes paid under various "acts to the
general government by national banking
associations exceeded J198.CO0.CC0, or more
than thirteen times the amount appro
priated for the conduct of the business
of the bureau during its entire exist
Iw Full ores.
Of the 10.2S3 national banking associ
ations chartered during tho existence of
the system, a fraction less than 5 per
cent failed. Of the SCO Insolvent banks
478 have been fully llauidated. the cred
Itors having received in the form of
dividends, off -sets allowed, loans paid.
.c., an average of S2.6I per rent The
expenses of administration of these 478
trusts that Is. receivers salaries, legal
and other incidental expenses, amounted
to 4.14 per cent of the nominal value of
the assets and 7.3C per cent of the total
In addition to publishing in his annual
reports full Information in relation to
the condition of national banks, it is
the Comptroller's duty to Incorporate
therein such Information as he is able
to obtain in relation to the condition of
all other banking Institutions In 1300
Information was received In relation to
the condition of 13.977 national and other
banks, with aggregate capital of Jl.ljO.
700 000 and individual deposits of J7.6SS,-
8t.Qtn In 1912 the number of banks of
all classes was tS&H. the capital being
S2.0S0.S43.OC0 and the deposits J17.194.O0O.0OO.
In 1900 the capital stock of national
banks was 54 per cent of the total, and
their deposits 21 97 per cent, while In 1911
the proportion of national bank capital
was 4967 per cent, their holdings of In
dividual deposits haMng Increased to
33 3 per cent. In 190(1 the banking power
of the country, represented by capital,
surplus, and other profits, deposits and
circulation, was JlC,6S3.ono,ono, whereas In
1912 there had been an Increase of 111 per
cent, or to J22.34S.70O.0Oa
It was Washington Gas dav on the lo
cal stock exchange jestrrdaj In all,, 271
shares were sold and the market eased
one-eighth of a point The sales were
at SH- to S4S and closed with offerings
It Is possible that there Is Just a lit
tle speculation in the stock at this time,
because of the suits in connection with
the legality of the holdings of 2,340
shares of Georgetown Gas stock by the
Washington Company and matters In re
That the 3,000 shares Washington Gas
stock, collateral security for a loan
made to Thomas I. Hume, will come on
the market Is not at all likelv, and if
the order Is given for a sale at auction
Letter 'nterests, back of the loan, will
certalnlv protect the stock, the loan
rrice being S6.621
That the market took 273 shares on
one-eighth drop Is an evidence of rela
tively good strength
The onlv other Interest was in Wash
ington Railwa) and Electric 4s, which
were wanted In all quantities up to any
part of J100 00O They sold at S4,aS4.
and S4s was bid for any amount
Mock Exermnice' Dinner.
Arrangements for the Stock Exchange
dinner at the Ne-w Shoreham to-morrow
night have practically been completed.
The menu cards promise to be unique
and artistic, as well as critical, original,
and pertinent In the matter of quips.
It is understood that Roe FulRcrson,
late business doctor, is to talk on "The
Psjchologv of the Aldrich-Vrecland
Emergency Currency u
Popular songs will be rendered by art
ists, with the diners coming in on the cho
ruses The souvenirs will be artistic,
each being marked with the Initials of a
guest and on the reverse the "Washing
ton Stock Exchange Annual Dinner. Jan
uarj 23. 1913. '
Berrjman is doing the cartoons. Manz
will contribute one
For the vear ended December 31, the
Batapilas Mining Company reports
deficit, after all charges, expenses, taxes,
and other decutions. of $17,403. reducing
the surplus from J3.163.131 on December 31,
1911. to J3.143.i-2. The balance sheet shows
current assets of J137,060. cash. $110,901
total assets. J12,JK,312, current liabilities.
J37.037. accrued liabilities, J11.377: total
General Manager W M Brodie sas:
"During the first half of the year the pro
duction fell off. due to less work b4ng
done, to the ore diminishing In grade, and
to the fact that the principal producing
workings In the San Miguel mine hap
pened to be upraises, which became hard
to ventilate, and more and more difficult
to work It was late In the summer be
fore communication with higher levels
could be established '
The sliver shipped in bars was. January
to June, 273: Jul to December, 231; total,
The ore tonnage was as follows- High-
grade ores, S12.3 tons; low-grade ores. 32.-
261 tons, total. 33.073.X
At the meeting of the board of direc
tors of the Columbia National Bank,
held January 21. Arthur N. Mitchell was
elected acting assistant casliier. Mr.
Mitchell has been with the bank since
NEW YORK CURB STOCKS.
Anslo- vmrriran Oil 17
Braden - - 9S
British American Tob 34s
Chicago Bobway .. . 4S
Giroux cons "
Interron. Robber a1
Kerr J-ale -!
La Rffs? cons. S
I. V Coal Sales Co 213
Manhattan Transit 1 ' H
Marconi, new S
Marconi Cinadiaxi 3.
Standard (lit, es-snb 432
lttaon Jd 3
United Cliar Stores KB
United Cigar Stores ld Ill
Adams Express 4s .- 80
Bradea 6 ll
Braden 7s. l
It T Ss. notes Ss
Chicago Klesated Ss SSS
Montreal Tram 5s
Pacific fias k tt. Ss IB
Western racifle Ss S5
NEW YORK COFFEE.
Flrclahtd by N. U Carpenter at Co.
September ..."-.. 13.7s
OUTSIDE SECURITY NQTES.
New Tork. Jan, 21 The trading on the outside
securities market to-day "aa flirty artire and
somewhat irrearular. There was no special feature
to the trading, interest being more or less scat-
WiI standard Oil of ?ew Jersey. Baden Corper'sraj
the strong feature.
WALL STREET GOSSIP
G. B. Chlpman, with Harriraan & Co.
Stocks closed strong to-day, about mid
way between high and low, and apparent'
ly on the upswing. The Can stocks closed
at the high prices after a sharp ad'
Vance that continued throughout the
session. . There was evidence In sev
eral directions that some of thelm-
make an aggressive campaign for higher
prices. There Is a very large short In
terest In SteeL The short interest else
where Is of respectable size and, there
Is nothing In the Immediate future with a.
bearish tinge. Settlement of the foreign
war Is official, and that means the return
of two million men and two hundred mil
lion dollars to productive industry. The
market should continue to do better.
Simmons & Slade Big men look upon
the testimony of Corey veaterday as be
Ing the most damaging jet given against
the Steel Corporation.
The rise In Can was caused by the ex,
ccution of a big buying order by V. C
Brown. Looks like it came from the in
The National I.ead Companv has de
clared the regular quarterly dividend of
la per cent on Us preferred stock.
Brown, specialist In American Can,
bought 10,000 shares on a market order,
supposed to be for D. G. Rcld.
Further conferences over the Union Pacific-Southern
Pacific matter will be held
In New York City. The two opposing
factions In the boards will get together
and plan the details of an agreement to
be submitted to the Attornej General for
W. B. Hibbs & Co The suggestion
from Trenton that Chancellor Edward
Walker, of New Jersey, may be the next
Attorney General will give chills down
the spine to conservatives. Mr Walker
drew the drastic anti-trust bills wlilcn
have been foisted upon the Jersey I.egis
lature by Gov. Wilson and which are
deemed to be the models for proposed
Federal legislation along similar lines.
The Senate will look at these n
measures very carefully, but therein Is
where Mr. Wilson is taking time by the
lorelock- and preparing for their favor
able reception by making overtures to
the Progressive Republicans who are
supposed to be In a frame of mind to
swallow any kind of anti-trust legisla
tionhook, line, and sinker.
The writing of the tariff bill will be
commenced the first week In February,
after a caucus of Democrats of the
House has determined whether the tariff
legislation shall b embodied In one sin
gle measure or separate bills devnteil t
each schedule. Chairman Underwood fa
vors separata bills.
After the meeting of the Union Pa-
cine executive committee It s l-nv-n
chairman, said that while some progress
nao. Deen made In the three-cornered
conference of Union Pacific-Southern
Pacific committees with the Attorney
General, no settlement had been reach
ed, and that there was no assurance of
any being reached in the near future
Of the 10.000 questions to be answered
e said they had simply succeed! In
eliminating a few, but refused to specify
wnai mey were Another conference
will have to he held with the Attorney
General, but no date has been fixed for
Although the Imlon Parlflc commit
tee refuses to speak for the Attnmev
General. It Is -vident that Mr Wicker
sham has made some concessions from
his original demand for the sale of Cen
tral Pacific to the Union Pacific
The strength of the past two davs
has largely been In anticipation of what
1 as finally occurred: that is. the defi
nite acceptance by Turkey of the terms
proposed by the Balkan allies and the
powers. It looks as If this news had
been pretty fullv discounted In ad
vance, and profits would be taken on any
bulge this morning
The directors of the St Louis. Iron
Mountain and Southern Railroad Com
pany declared a semi-annual dividend of
I per cent, thereby restoring the stork
to a 4 per cent basis,
Norfolk and Western has declared the
regular quarterly dividend of l' per
cent on the common stock.
Regular St. Paul dividend
London copper closed weak oft 10 shil
lings from opening.
NEW YORK STOCK MARKET.
New Tork. Jan 21
Sales. Hlrf, tow. (3e.
100 Al hal Sri rfd 3. 3i SV
2B.500 Amal Cnprer Tl' "31, Tt4
"B0 Am. Beet Knrar 2T. ff' jf,
4SBB Am. Can. S3-, SI, SS
K Am. Can rd 13) its', 13)
200 Am. Car & Fdry 53 53 3
1 800 Am. Cotton OB SO. W
100 Am. Tilde 1 t, pfd . ... 26, 2SV. VI
300 Am Ice See 24 23 2?,
500 Am. Lnccmotiie i St. 354 JSS
4 4011 Am raeltin n' TTi T2S
300 Am. Smelting pfd lc4s loVs 'OS1
t0 Am. nuf HI WO 130
inn Am. Rnar HP4 HP, npj
1 100 Am Td & Tel UJ IS'. 133
1.100 Am. TolMcm 235', Ki ant
100 Am VT Paper pfd . . 304 304 30.
700 Anaconda . 384 274 7
TOO Atehivwi 1054 1014 Mi's
300 Atchison pfd 102 1014 182
300 Atlsntfc Coast lane. . .. 129 1294 129S
109 Baldwin Lnonmnti.r pTd... 101 104 Ml
LtOO Baltimore A Ohio 1064 1A8 !4
100 Raltimore & Ohio pfd . . 84 88 ag
an licuilehnn Hteel
300 Bethlehem Steel pfd. ....
100 B F. Roodnch
200 B F Goodrich rfM "....
3 600 Brooklyn Rap. Tr
1700 Cat Petrolenra ,
5.850 Canadian Tactile ,
403 Central Leather.
703 Chesapeake at Ohio... .,
01 Chic, fireat W. pfd ..,
J.H1 ITilc. 31 A St r,
.... 1114 1124 1124
eco Cbfno eras Oop
1500 Cot Fuel A Iron ,
100 Col Fuel A Iron rad.
500 Consolidated Hal
100 Corn Producta" pfd
300 D. L. A V.
230 Den. A R. O
600 Distilleries Securities...
700 Erte ,
100 Ene 2d pfd
410 On. Elee. Co ,
310 Ren. Motors
103 Ren Motors pfd. ,
.. 4394 IB (IT,
... 214 214 34
... U'i II 1SU
... 314 "314 314
... 394 39s; 3fi
... 1I2. 1124 11214
1 OCO RoldScld Cons 84
2,1(0 Ct Northern pfd
300 Rt North Ore sub....
203 Ruggenlteim Fsnl...A
209 Illinois Central
12S4 I27a 12i4
1274 127 ir
irjO Insn. Copper 17
WOT Inter. Metro 174
209 Inter. Met pfd CI
403 lnt narrester :. 1CS4
COO lnt raper 1C4
300 lnt rarer pfd 454
200 lnt Pnmp 1
200 J. Kayser pfd - 109
100 J. I. Case tl 994
200 Kan. City South 2C4
100 Krrsge Co... 76
100 Lackawanna Steel 414
9,900 Lehigh Valley..... 1C
230 Llgctt k Mjrrs. 220
109 Ugrrtt A Myers pfd 1U4
400 Loularllle k Nasfarill 134
400 Manhattan FJerated 1:
ir 1214 132
734 734 734
714 704 704
244 24 St
f3 62 62
41S 41 IIS
174 174 174
S04 49 494
409 May Dept.- btore 734
800 Meilcan rrtrol...... ......
300 Miami Con. Copper.. .,...
109 M K. k. T. pfd.
L209 Missouri raetSc....-
HO National Enamel A Steel.
400 National Lead.. ........,
400 X. It It of M. 2d pfd.,
1.100 Kerada Con. Cop.
UH 1(4 I9V4
400 New Tork Centrat lOPs
IS) Ngrfolk k. SoaUirm........ U
400 Norfolk A Western.......... HIS 11 11214
2.BM horthera Padflc 11JH IlTi I1JH
Ontario 8UTer.............. Ti Pi
"700 Penn. It It .. 122. 12.-V, 12T
103 ntta Coal 2S 22H
1000 Pittsburg Coal pfd. 89
200 I. Lorlllard Co..... 156 130
ICO ITcssed 8tel Car. 33'1 33Vi 3H
ICO IUUwiy Steel Bprings pfd.. K !Mt ,tt
4.1C0 Raj Consolidated Cbuuer.. HU H's IT,
44.300 Iteadina- lt3H 1E3 IStS
500 Republic Iron & Steel. . tVi U H
1.800 Rock Island 221s Z3s
500 Rock Island pfd. S XU
300 Rmnely nfd W, 3
00 Seaboard Air Line. SO 1J4" WH
6CQ Heabnard Air Line nfd 47 46't
100 Ht Ionia Ic San Francisco S S
an su Loiis 8. r. sd pM... r z
100 Resrs-Rocbnck . 2C41 3)1
T.009 Southern racific IX 103'. 1C6S
10CO Southern Raflay. U 7V-X 274
SO fkxitbern Hallway pfd TV-t 77
KO Standard Minini 3T4 3Pa Jf'a
20 rjlndehaker 2 S
3X1 Tennessee orrcr. 35 34
300 Texas & Padc. .. X", 20S 20s
ICO Tern Company..... lir, IB', lirt
Z.000 Third Areime R. Rat. 3Bla 37H
TOO Tain CltT Rapid Transit 104S KC,
300 Under. and Typewriter ... 96 9S,
ICO Cnion Baa A I'aprr I T
29JO0 Union radne. MOS ia4 5
500 Union Pacific pfd SO 91
100 United .Hallway jnr u 31
5.9M V. H. Rubber. ".
KO V. S. Rubber 1st pfd 10T4 YK
WJOO V. S. rtleel .. ... W. e24
1 0OJ U. 8. hteel pfd 10T, 1004 KB1,
2JC3 LUh Conper..... fc". 55",
3D0 MrtinU Carolina Chemical 3i 3
K0 Western Maryland M '
20 Weslrm Union TeVearanh.. TV, JVa STa
3 vvestinjhouse lira TH, ,t 74l
XTjO VVoolworlh 105 101 104,
330 Wheeling: Lake Kne 7H 71,
ToUI sales. 370.50 aham. asainst S92 yesterday,
300.275 a week afo. and 242.U3 a year aso.
NEW YORK MONEY.
New Tork. Jan. 3. Call money onrned at SS
per cent huh. 3 per rent; low, 2" per cent re-
newala. : per cent, riotr, i per cent: mllnr. rate.
2". per cent
Time money market remains exceedingly dull and
fealnrelesa. with rates unchanfrd. They are 3',a
3H per cent for siity days. 3st per cent for 3
months; 4 per cent for four months, and 4atV per
cenl lor nse and aix months.
Commercial paper Is unchanged at 4Sa5 per cent
for the best names Market is quiet London dis
counts, 4 t-M per cent off 1 K per cent , I'sris dis
counts f t cent, unchsnred Rerun dionnts.
IS. oft- ts
NEW YORK COTTON.
Furnished by " 8. Ilib'ia i. On
Open High Low
March 1227 1127 12.07
May . . .. 12.13 12 1L SO
July , ... 1101 12. M 1171
October 11 11 U 11 3
New k Jan. 3 Closing qnotattona of mure!
Japanese 1st arries (Sa .. 9S
New lork Central 14a. 1957 1
Albany 4. Snqnebauna 24. &a,
Atchison. Toka & Stnta Fe ert 5a IN'i
Atlantic Coast Une 4s M1.
Atlantic Coast Unt L. A N 4. 51',
Italumore k Ohio p. L 24s 91
Baltimore A Ohio est I4 when issued ....
Bettilehem trel 1st 5s ...
Bronklm Raiad Transit 4s
Chesapeake A Ohio grn !4 .. ..
fhtcago. Bortington At Qciney y4nt la .
Chiesgo Burlington A fjuincy Joint I. reg ,
Chicago. Milwaukee A St Paul IV
Chuagn Rock Island A I-acirj- rfg s .. .,
tlilcago Kork l.land A Pacific ctJ. 4.
ware A Hodm est
IMsUIlera seeimues Corrinatioii 5 ,
Ulinola Central rfg 4s ... .
Intrrtairo-Sletrnpnlitan 44a ....
International Mrrcantil Manne 14s
Ule Shore 4.. 153 .
Liggett A Myers Ss
Mixrarri Psciflc est 5s
New lcrk RaiVsys rfg. 4. ...
New Tcrk Railwaya ad), is
New lork Tilegraph 44s .. ..
Ncrfolk A Western est 4 new . ..
Norfolk A V estrrn Iocabontaa C A C Is
N'orthern Tarlfie 4 .
Iublie Serriee of New Jersey 5s
. . 92
.outs A Kan Francisco rfg 4 j
8eaboard Air Lm- adj. Ss
seaboard Air Une Is stamped ..
Southern Railway 5a . ..
Southern Railway Is
Texaa Co ert 6
Third cnue rfg 4. ...
Union rarlflc est I.
1'nltsl sutra ht.el .inking fund Ss
Vtrginia'arolina Chem Ss
IrginU Iron )Val A Oke Ss ....
VVaba.li rfg. Is
Western Mars-land la
Total sale-. S2.7S3 000
NEW YORK PRODUCE.
New Tork Jan MII.I.KKII) Weak tri.le Is
doll. Srnng twan. 23.60 stamlard middlings. 2100.
VVeern red die 25.7S, winter whest. in 100-lb.
sacks, to amre, 2S.10, city bran, in lailk, 23.00.
RYE-Dull; orTcrings amslL estern. to amte is
rained at about 77,. r. 1 f . track and State at 79
RTE FLOl'R-Demand Is quiet, prices are steady
Good to choice quoted at 3 OOaLOO. in barrels.
BUCKWHEAT FLOLR-stesdr inquiry Il'e-
leaa. Choice nominal at 225a235 for 100 pounds.
CORNME.(L-Stesdy buslnesa moderate. Kiln
dncd. new. for export. 310x3.15; coarse meal, in
bage, 120 for odand LIS for new
HA Receipts 883 tons, weskrr. trade is Inaetlre.
n 1 timothy. 1.074a! M. standard. 1 024. No. 1. ICa
LtO. No. 3. 824ar74.
STrLvvv-Recrljta 30 tons: steady, surply is light
Long ire qnoted at 1 CO Oata straw is dull and
lines doubtful piWj 60.0.
PORK Steady demand is mrleratr Mess. 19 00a
19 50. family. 2.0Sa22J0.
BEEF Steady, supplies are light and trade quiet.
Fackrt. 22CCa23.C0; family. 24.00a500.
L.4RD Flat; moderate business, rrime Western.
ID.55, refined continent 10 85; South American. 1LM.
refined Brazilian, in kegs. 12.49; beef atearine. 54,
urn steanne. alow ;ew aorx, t?t.
NEW ORLEANS COTTON.
Pnralshed by N. Is. Carpecter & Co.
Open. HUrh. Low
Jannary liO Hit K.1C
March l-2 1111 1103
May KJZ 11S0 lira
Jaly 12X lit: n.K
October. ! II K HJ! 1LS1
CHICAGO GRAIN MARKET.
Furnished by W. a nibbn & Co,
34 374 384 1VHEAT- Open. High. Low. cioan,
8 Pi B Msy 934 934 924 924
63i 3 34 Jnly 904 904 894 89a,
104 HI KM CORN-
90 884 894 May. 524 524 514 514
534 S3 9314 July S3 S3", 524 524
2464 2444 1154 OATS-
3"s 254 284 May 314 344 334 334
l! 5L sTs-" Jvit li 5,,t 3S ss
' CHICAGO PRODUCE.
Fnmlshrd by W. B. Bibbs k Co.
POBK Open. HUJl
tay 15.S5 1183
January 10.11 1011
May. 10.13 .....
May 4 10U 10.11
BOSTON COPPER STOCKS.
AdTcutt.re It 5
Bobcmla '. Ts 3
Calumet k Arliona. .C. (CS. K
Calimut k IlecU... SO) 310
Onprrr Range e) tjij
Eaat Butte 1IU It's
Franklin . TS I
Indiana '. 15 It
Lake "3 3a
1 Salle 44 :4
Mason Valley a
Mayflower 12S 13
Mrrgenthaler - ZIV, HJ
Michigan .'.. l'i 1
Mchawk S 354
Xra-th Bntte. i H's "S
N'orth Lake............ ..... 2W Ti
Old Colony. fa ;.
Old Dominion... UU 49
Oneco is 1
OircoU 96", 7!
Quincr - - 734 71
Rhannop IFi 13
Soath Iit. 54 (
("lift 106H M6H
Tamaraefc ... 33 334
Trinity . S J'i
United Fruit... ... 1774 TTFi
Utah ConsoHdaled........., 1014 let
tk-lorla . - .......... 14 1
WolTenna laaasasun a.......... if vTas
BALTIMORE STOCK MARKET.
Baltimore, Jan. 23.
, r i. ' Bid. Asked.
Maryland ta. 133 rf 90S
BALTIMORE CITY. STOCKS.
Baltimore City 3VH. 193....,,, 904 K
Baltimore City 4a. 1940. ..... 90 904
-. GAS 8TOCK8.
Consolidated Oas 44s ......i.... ..... K4
Consolidated Oas, E. I, P. 4V.S. . KH
Consolidated Gas, K. L. I notes 10) v. 102
ConsoUdatcd tlas. E. L. as l. com IU14 119
- BAIsK STOCKS.
Drorera A Mechanics' National Bank... 210 23
rust .National Bank t
Merchants fc Meehsnles' Bank.
National Bank of Baltimore...,.
3ia j am
rtatlonal City Bank SwsUO
-NsUonsl Union Bank.l 125(4 .....
ReortU Southern at Florida 1st 10S
New Orleans. Mobile as Chicago 5a M fVi
Scabcard adjustment 5a.......... ... 7IH
Atlantic Coast Lino ridita IVY. I.I 24 3
I Atlantic Coast Una of Conn 7ts, 7'4
iMvrgia nouinrm as nonaa a m
Ueorgta Soothcrn at Florida 2d pfl...... 78 0U
Northern Central .-. 123
Seaboard Air Une com .. 194
STREET IU1LWAT BONDS.
Atlanta Consolidated Street Ry. 1st 5a.. 104 IOiVs
Baltimore Traction lat Ce 105,
Uiarleaton City Railway 1st Sa. KC VB
Charleston Oonaolidatad Ry. tS. t E. 5a 31 99
City Suburban 1st 5a. K4
Macon Railway Light cona. 5a. 904 99
Maryland Electric 5a. 9?a 971
Norfolk ac Portsmouth Tract k fa 91 14
Norfolk Street Railroad 1st 5a...! 107
United Railways & Electric lat 4s ...... U R
United Itallwaya A Electric, Inc. 4s. C. CS
United Railways fdg. Sa ..... f'i 87
United Railways 3-year 5s, notes. J.... 100 10?,
Virginia Railway at Power 5s 91 95
BON DIM! COMPANIES.
Ameriesn Bonding Company... 89 San
Fidelity at Deposit Company. nU ITT
Baltimore Trust Company 180
Continental Treat Company 115 T3
Colonist Trust Comianj 28 f
Fidelity Trust Company. 238 ....
Maryland Trust Company 1274
Mercantile Trust Ctanpany. . 1574
Union Trnst Company........ . 87
Baltimore Brick com..
Bsltlmore Electric pfd st4
Baltimore Electric Sa 984
Cotton Duck 5s . 71
O B. 8 Brewing com
R B 8. Brewing 1st SO
G. B 8. Brewing Inc 5s. 10
Houston Oil die ctfs H
risinarltania Water A Tower Sa .1.. 924
United Electric 1st cons. 14s 93
Corsolklatfcn Coal.. . .... KI4
Connlklaticn Onal ref 44s... .-
Consolidation Coal ref Ss. .-,
Furnished by N. U. Carpenter at Clo.
New York Jan 3
New Trk .
4 947 15 327
Galreston. . .
MoUle. . .,
Sarannab .. .
12 5-1 125-14
Total . ...
18 8J9 51J87
WASHINGTON STOCK EXCHANGE.
Washington Railway A IJcrtric b U.000 at 814
SI 090 at 844. tl 000 at (14 51 000 at 814. C.TO at
814. (1 000 at 814 SUM at 814 St 000 at 514. S1.0C4
1 F44 SI 000 at 844 SI 000 at (44
Washington Gas. 3 at (44. 3 at 844 73 at 814.
r. at 844 3 at 844 3 at 844 3 at 814 3 at 844.
3 at 844 3 at 844 3 at 8.4 SUMS 3 at 814.
Washington Loan and Trust 2 at 210
After call-Capital Traction Ss. SIOTO at 111
S. reg 71s ... 1084 1MH
U 8. coupon a .-.. ...... 100
reg. 1 1C4
coupon 3a . 1024
coupon 4s . .....
Georgetown Raa cert. Ind. Sa
Georgetown Gaa Ss
Wsshlngton Gaa Sa
(Japltal Traction 5s
Anacoitla A Potomac 5s
City A Suburban
folmnMa Si ... .... ....
fo'umbla 6a ....
Metropolitan 5a . .
Washington Railway A Electne 4s
Wash. Ales A Jit Vernon Sa.
LU-tric enns. Ss ... 101
ruomae Llectric Light S . .. 104'
Chesapeake A Potomac Telephone .. 141
vmcrican Tel A Tel 70S
1 C Taper Mfg S 90
Wasbing-on Market Ss. 1927 Its)
Washington Ms rift Ss. 1917 1M
Washington Market Cold Storage Sa.. .. 100
Norfolk A Washington steamboat Ss
Itiggs Realty Ss (long)
Rlggs Realty Ss (short)
PUBLIC DTIL1TI STOCKS.
Capital Traction . .. IS
Washington Railway A Electric com . Ss
Washington Railway A Electric pfd . 90",
Norfolk A wasnlngtm Steamboat ... 201
Ws-bington Gas . J44
"r-astem Light A Fuel 115
American TeL A Tel 133
TTTE MACHI.'tK STOCKS.
Mtrgcnthsler Unotype 36
LantoD 3Ionotype ... SB
Greene Canada .... .. 8
NATIONAL, 1U.NA. STOCKS.
Capital .- SO
Farmers A Mechanics
Lincoln . 11
I Metropolitan . XI 3t
I Second ... .. . ljl)
National Bank of Washington 117 M
TRCKT COMPA.NT STOCKS
American fecuntr k Trust. ..... 310 313
stlonal nailns-i k Trust "391
Lnion Trust .. m 137 US
Washinfton Loan k Tntx SO SO
l'nlted "Mates Trust. Ill 1j0
SAV1.NGS BANK STOCKS.
alliens ...-. 1S S
Iloma 3C3 .....
Rank of Commerce and Marines 1214 17
East Washington 13H IT
FIBE 1.NSCBANCB STOCKS.
Arlirgton II 17
Corcoran S3 .....
Firemen a 19
German-Americaa .. 2n
National Union t T
rc-tomao St .....
TITLE INSURANCE STOCKS
CcJoraMa ttt .....
Beal EaUle K
Chapln Sacks .... .I.- lO
I), a Taper Jlfg Co
Merchanta Transfer k Storage. ,
Washington "Market .,
Saeai Street nallisnj- rompnny.
The Washington Hallway and Electric
Company was named defendant In a suit
filed sestenlay by Arthur D. Moffctt for
Ji.OCO damages. The r'alntlfT alleges
that on No ember 4 last he was In
jured while, attempting to board a car
of the defendant company at Alabama
and Nichols Aenues.
(loardi to Occupy Conrtltouae.
Senator Smith of Maryland yesterday
reported to the, Senate and had pasyd ar
resolution autnonzing tne marsnai or
the District to permit the Fifth Regi
ment of the Mar) land National Guard
to" occupy the corridors of the court
house In Washington during the night
of March 3 and the day of March 4, 1311
Hirudins rermlta ware issued, jestetdar to the
rnrrldenee Hosratsl. to bmld nursery at (OS Third
Street rjcartlxastr architect and contractor. Michael
Welter: estimated coal. U.000.
V. staara. to repair flata al UU U Street
Northwest; aattmilrrl oust, (130,
B. SOUTHA1T.D PARKER, rres.
S. W. WOODWARD. Vice Tres.
U. A. WINTER. Vice Pres.
C. la. BOWMAN, Cashier.
W. R. LEWIS. At. Cashier.
II. B. Denham.
Victor J. Erans,
8. M. Jants,
Wilton J. Lambert.
A. E. L. Leckir.
Arthur D. Marks.
Frank T. Milburn.
R. L. Montague.
E. .Southard I4rker.
Bralnerd W. 1'arkrr.
Jcarrii E. Ralph,
A. E. Randle.
it. A. Winter.
William II. Lynn.
8. W. Woodward.
Union Savings Bank
710 14th Street N. W.
W. W. FINLEY SPEAKS
IN NEW HAVEN, CONN.
President of Southern Railway Db
cauet Effect of State of Public
Mind on Tranjportation.
Special to The Washinjton Hetald.
New Haven. Conn , Jan S. V W
Flnley. president of the Southern Rail
way Company, sias one of the speaker
at the annual dinner of the New Hasen
Chamber of Commerce in the Yale l nl
tersity dlninc hall this eveninc .Mr
I'inley spoke on "State of Mind " He
quoted from a recent magazine article
b President-elect Wilson as follows
Don t ou know that some man with
eloquent tongue, without eonsclence. who
did not care for the nation, could put
this -ahole country Into a flame' Don t
you know that this country, from one
nd to another, belietes that sometlilnc
is wrons' What an opportunity It would
be for some man without conscience to,
sprint up and say This Is the wa. Fol
low me' and lead In paths of destruc
. Sir. Flnley followed this b a quota
tion from M. Gutae Le Bon's book en
titled "The Crowd, a Study of th Popu
lar Mind." show inc the small part often
played by reasoning; In influencing; public
opinion and the ease with which- it may
be swayed by affirmation and repetition.
He argued that these quotations demon
strated the wisdom of so grounding pub
lic opinion In economic truth respecting I
the problems of the day that mere af
firmation and repetition could not lead I
to the belief that wrongs existed where!
thev did not
Referring to the problems relating to '
transportation as among those as tO
which public opinion should be well
grounded. Mr Flnley went on to deal
with the economic truths affecting trans
location from various points of slew
a basis for an Intelligent public opinion
and the fair attitude of the public mind
as to the railway svstem of the L'nlted
URGES MORE POLICE.
nmlMlnner Johnston tp.enr II e-
fnrr Committer Appraprlnlloaia.
Commissioner John A Johnston yes
terday pointed out to members of the
House Committee on Appropriations the
urgent need of increased police protec
tion for the District. Kspettalb. he
urged. Is this increased protection neces
sary during the time of the large in
auguration crowds, tshrn. It l esti
mated, between lcn.nTt) and lDOLftV) visitors
nlll flock to the Capital.
Gen Johnston tailed attention to the
fact that the Metropolitan Police De-
jartment I required to watch over
property covering a larger area and to
protect a larger number of citizens than
Is proportionately required of the police
of any other American rit
APPROVES DISMISSAL SENTENCE
' Department Take, Action In
Case of Cnpt. IV. I.. Jolly.
The dismissal of Capt Wade I.. Jotl.
of the Marine Corps, from the service of
the United States was announced at the
Navy Department jesterday afternoon.
Capt Jolly was convicted by a court
martial, sitting at NorfolK. on charges of
nonpayment of debts and absence without
leave. He Is a native of Iowa, and was
appointed a. second lletenant in the Ma
rine Crn-ps. October i 1533.
The Navy Department ha disapproved
of the recommendation of a court-martial,
sitting at Key West, that Pav master
Russell V. de W Bleecker. V. S. N. be
reprimanded. following his trial on
charges Vf technical embezzlement,
which did not involve any loss to the
SHIP OWNERS HAVE AGREEMENT
1804. still Hold..
The House xhlppln-; truit Investisatlns I
eommlttee jesterday disclosed that the -trans-Atlantic
conference asreement I
covernlne rates and methods of reculat-,
Ins traffic which wan put into effect In ! s-mirlK.nti, 4nii A streeta .Nertbeast-Henn T nt
131 Is still In effect and binding on a 1 m tl il Is Charles reter. orUrinal lota If
number of steamship lines. The asree-1 ard r siuare KEE. jia
mentAas produced and put in the com-IBealla .vlmitue-Charles U Sliana et rut ti
mlttee-s record by Vice President Philip " iT tot. B; "'S".51 "J ,Ar
.... - ., t-. -.!! Ihnr B Sbrrre et nx. to Charlea L. hhank. trus-
A. S. Franklin, of the International , ,.. totJ IS, . nlr, th rf n vx
Jlercantile Jlarlne Company. ,;iltc MBa jimrnt Alry-UIlie M rrhlbaM et sir
Franklin said the original acreement. . ciarmra c . to Nellie M Shinier lot 3. snuart
known as tho North Continental Con-
ference Asreement. covcrlns the busl-
ness of the Hamburg-American line
from Hamburg, the North German,
Uoyd from Bremen, the) Holland-Amer-1
lean line from Antwerp and the French
line from English Channel ports, all on
westbound traffic, provided a division
nf .amines nn In. rnllnninir basis.
Hamburg-American. 37: North German
Lloyd. 23: Holland-American. IS, and.
the French line, 3)4 per cent. The
agreement now In effect Is not In writ
ing, but Is based on the raid asreement.
Aaka Dismaicc for Aliened Mander.
Carl Jaeger yesterday filed suit for
110,00) damages, for alleged slander,
against George H. Llebel. allegins that
September la last, defendant said In a
lunchroom In E Street, between Sixth
ancl Seventh, Streets Northwest, that
plaintiff was a thief and a scoundrel,
that he tried to beat everybody and tried
to beat him (defendant) out of COW.
Plaintiff claims that these remarks
were made In the presence of other
persons and that they were raise.
scandalous and untrue.
Mtile to Pay Fortanc Teller.
Chicago. Jan. S. Charged with forc
ing notes on which she procured nearly
J1.000 from her foster parents at the In
stigation of Chicago fortune tellers.
Lydte Lfmkea. sixteen years old. an
adopted fetrl. Is being held by the Elgin
police. Her arrest followed sensational
disclosures In which It was developed
that the girl had been, robbing her fos
ter parents for nearly a year and turn
ing the money over to Chicago fortune
tellers In return for their advipe on how
she could come Into possession ot "hid
In our COMMERCIAL
' DEPT. will be found every
modern facility for render
ing pronipt and a'ceurate
Every permissible financial ac
commodation extended on the
most favorable terms.
pays 3$ interest on de
posits, compounded semi
annually. xyThe hank snakes money- on
deposit. Yh- not Get sOUIl
bare of the nrolltHf
Mi F ST .V W.
Co-operaftive Duilding ssociation
Avail Yourself of This
Profitable Plan of Saving
When von adoK the ?tematie saiir; "plan
of the EtrJtab'e von can Isr snre of savins
Ith the lv remits. Thousands of civ.
stitetantiale till: fart
Shares can be taken at am turns
in the 64th issue
Shares, $2.50 Each.
John Joy Kdsnn Priaident.
Ulla aprar. ica rreaident-
I'erry B Turpin. Second ic rresidenL
Frank T Reeside. becretary
THE OFFICE OF
or Trustee under wills
is one for which this com
pany is pecularily fitted
by experience and facil
ities. X4T o rbarce f(r preparlnc
stIIIm ashen sse art aut executor
or trntec under name.
The Washington Loan
and Trust Company,
Cor. 9th and F Sts.
JOUS JOT EDSON. President.
W. B. Hibbs 6? Co.
Nnr Tork Slock Excrianr
i5hinstoti stock Lxrtucsn
Icbicajo Beard ot Inds.
I-OCAT SECURITIES bought
and sold on same fao-abl
terms as wo offer for trading
In New Tork slocks and bonds.
The Safest Investments
Are than that do not CoetoiEe dtrrint dirv
tnrbrd conditions of the money or stock rar
fcctt. First derj cf trait Dote (Srct mort
fifn), well Mcnmi on reil estttv In the Dl
trtct of Columbu, cotutitate 5!t-rdi9 ln
Ttttments. Tbcy do rot drrecd ojon tht
fistDCial nsponslbility cf iodirldcals or cor
rontlon for tbeir ttaiihtj and are exempt
from taiation as penccal prcrTty. a can
applj aach investmenta in amooata from JXI
cpwtrd. Send for bookJct, "Coccercirf Loan
Swartzell, Rheem O
727 15tb Street XorthiresU
REAL ESTATE TRANSFERS.
tsrc. tin. Kate Jt Arrhil.H et sir. Calais a
to same. rrt lot fix
Mount neasant and neassnt nauti-llanr Wart
n .l. to Frawea C o.nssll. lot W. snam
,.,,,,' ,-. iJ.M.,sr.jli-rt1 j.a ami
Mortjaa Ceanwrr to rieoixe I"arras. lot lnt
square 3331. 1730
j Bumtlle-Iesae w. Itawhrss et nr to Fannie lrr-
I rork lot 37. scrtiare S3I. IW
I lT' "? V "',:!,,IT""7, Vr4T .
to Lloyd "I! Henn lets f SI snd SI
blot 11. lota 60 and O. bl.-i IS InrfoHr, ami
lot rs fat Lanier HeisMs. SW
1103 rlrtt Street Ncrthsrea Wilbur F Vish et nx,
to Annie Sharsro. lot 40 snnare 63. $19
Injleside-Uizie 11 Pollen et sir Waller H tn
FloreMS 11 JIctuliTe. lot 3. Ner-k 3. 110
4U Ninth Street horthsiest-Llosd ! Hem; t"
Hsrrr Yardman and Tbooiaa P Bone, rare
orUlnil lot C. square 407. fio s
Pleasant Plains and Wasliioclnti Iteuhia- Harrr
Wardman awl Thomas Bone to Llosd 1 Hei
rjr. lot 6i. siuire ia I Pleasant llalnal and
lota C2. 3. CI. 1M 5, Washinrton Heights. 1
Twelfth Street Southeast, between li and I Streets
Michael T. Cancll executor and trustee. 1 1
William J MrClelUnd. lot 13. square 10. SV
Woodlex Part-Edward P. DcMord et ux. tv
Leror Gaidis. jr.. lot I. block U. 110.
113 and Its E 8treet Northeast-Ullie K. Wond-
rard to Jeaao S. Dariea. lots 9 and 70
113 Twenty fourth Street Ncrtliweat Mary B. Cons
to Ethel Grace, Corp. lot B. square X Jle
ButU Street Ncitheast, between F and O Streets
ed A. crwar et ux. to Annie M Crirnmins.
lot S2. square CI. $10.
HIS D Ftrert Southeast Annie M. Cnramins to
Fred A. orway. lot 100. square 10G. XIO.
St Elerecth Street Xortheaat-John H Orore et
ux. to Clanda W. Owen, part original lot 1.
square 9b4. $10 Claude W Owen conreya saina
prorprty to John H and Sadie F Rrore, CO.
C StreetSontheast. betaera TweUth and Thirteenth
Streets Delmas C btutler et a I., to Harry Boi
ler, orltinal lot 17 and part original lot 14,
square 10T7. SLSC1.
larr a ljlaorderctT Stotnaea
HofTa Lemon. Seidlltz Is the greatnst
thing In the world. It Is prescribed br
phjsiclans everywhere aud for uJ ksr
All drusslatl. '