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The Washington herald. (Washington, D.C.) 1906-1939, January 29, 1913, Image 10

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10
THE WASHINGTON HERALD. WEDNESDAY. JANUARY 29. 1913.
HNANCIAL
FINANCIAL
FINANCIAL
MARKETS-FINANCE-COMMERCE
CAPITAL...... ..........
SURPLUS....:...........
-lKXSOUBCES OVER...
PWTff'
.5Uji
. BJKBJNO
vucctm
"SULZEKDAY"
ONWALLSTREET
Moderate Reforms for Stock
Exchange Meet Approval
Can Shares Lead.
SHARP ADVANCES MADE
Loci! Securities Steady Georgetown
Gat Company Will Sue Balti
more Bonds.
n' I. A. FLEMING.
It was "Sulzer Day" on the New York
fetock Exchange yesterday.. .
.From the itart to the linlsh the mar
Let showed more strength than any one
. had expected. There was nothing else
to ascribe the advance, to other than
the moderate, sage, and worthy reforms
suggested by Gov. Sulzer. and a special
ised movement of great strength in Can
issues, under the inspired buying by Dan
Reed's brokers. It was stated with more
or less speciQc reiteration that a plan
had been prepared by which it would
be possible to pay all or nearly all of
the back dividends on Can preferred,
perhaps through a new issue of Can
common, and on the strength of this
there was an SJ4 point raise In the pre
ferred, while the common moved up
point.
-J'or onco the Can shares were the lead
ers of the entire market; moving more
freely than all others.
Trom somewhere came a report that
President-elect Wilson would again ad
dress capital and that this time modera
tion, conservatism, and caution, in a
prepared and studied effort, would be
likely to remove some of" the uneasiness
caused by previous addresses.
There were probably other Influences
than those mentioned, but it was diffi
cult to read the signs, other than the
fact that the street expects peace, and
the easier condition of the money mar
ket hate made a run in of the shorts
possible. In so far as a small percentage
of the short line has covered.
These conditions have made the short
interest exceedingly nervous, and they
are pxpected to run almost any minute.
Union Pacific and Steel ranmon each
li Id a point gain. North American.
Northern Pacific. Smelting. Copper, and
many other stocks were lal higher. Har-
ester, on the announcement of the purg
ing movement, rose 13-8, and , SIoss
Sheffield advanced 1H- Tobacco stocks
were strong.
The street has been so uniformly bear
Ish that the spurt of Tuesday and the uv
creased activity, 460.000 shares came as
.in unexpected relief to the tired market.
Many traders changed position, some for
a whirl ending with the day-taking
profits In the last hour, and this brought
about '- point reactions from high.
Money "as plentiful at HiaZ per cent.
Will Sue To-day.
The complaint of the Georgetown Gas
Company officials against tho Washing
ton Gas Company, anent the alleged 11
legal holding of the "Georgetown Gas
stock by the former, 1II probably bo
filed to-day.
It Is understood that the Georgetown
Gas Company will demand a decision as
t the legal owner to the 2.540 shares of
Georgetown stock, which they claim Is
"held illegally by the Washington Gas
Company "
The .suit by T L. lume is for the dis
tribution of 'the Georgetown stock to
the shareholders of the Washington Gas
Company.
Mr Hume has made no note toward
compromising his suit, but the George
town company Is determined to force
the issue, hating readied this conclusion
because of the refusal of the Washington
officials to take their case into court and
demand the right to exercise the control
thaa majority holdings should have a
right to exercise.
It Is Just possible that President Letter
may bo asked to state the company's
position on this matter when the share
holders meet in anuai session. The fact
that proxies have been sent in does not
mean control, as the presence of the
ihareholders In person vitiates the proxy.
The Washington Gas Company has
actually been offered 160 for their hold
ings of Georgetown stock, and the com
parison with this bid and the market
value of Washington Gas. a dividend
earner and payer, with double the ter
ritory, and main mileage, needs explana
tion. IiOcnl Securities.
It was not an especially active day
on the local exchange and yet prices
were reasonably Arm. Hallway preferred
sold at 90I-va91, the common at 6.
Washington Gas showed a firmer tone
at StS-SaRlS-S for odd lots for Invest
ment. Under some speculative short
telling this stock has presented a firm
front.
Bonds were a little firmer at 110 T-8 for
Capital Traction Ss, St 3-4 for a small
bond. Hallway 4s. and 101 3-S for Potomac
Electric 53.
The bid and asked prices will Indicate
the bank s,tock market, there being no
sales. The general Impression Is that
there will b a better demand after the
payments or tne ttif.uuu interest ana
arildend moneys with February 1.
Bays Baltimore Bonds.
In connection with the new financing of
the Consolidated Gas, Electric Light and
Power Company of Baltimore it was
learned yesterday that the company has
arranged for the sale of C300.000 Gas
Corapay "& per cent bonds to Messrs
Le Higgtnson Ac Company, of New
ark. The securities disposed of form
I art of the collateral behind the remain
ing issue of S4.000.000 short term notes,
$1,000,000 of which have already been
called by the Gas Company. While no
rOlcial information was forthcoming to
day. It Is understood that tho proceeds
from the sale of the bonds will be utilized
to retire an additional amount of 'the
notes.
At the previous sale of Gas Company
ini per cent bonds the price received by
the Gas Compay was around S3, and It
is believed that the bankers paid about
this price for the bonds which they have
just purchased.
A member of the firm of Lee. Iliggin
son 4 Co. was In Baltimore Tuesday for
the purpose of organizing a local syndi
cate which will offer the bonds for sale.
It Is understood that at least five local
banking houses will figure in the syndi
cate. Stockholders of the Consolidated Gas,
Electric Light and Power Company, at a
ppcclal meeting held Tuesday, authorized
an amendment to the charter of the cor
poration relating to the issuance of de
bentures, debenture stock, bonds, notes,
nnd oiher evidence of indebtedness, thus
providing for the- Increase of the total
amount of common stock of the company
authorized to be issued and outstanding
from SS.SOO.000 to SH,SG0,CC4. As beforo
stated in tills column, the additional com
mon stock will bo utilized to retire the
outstanding preferred stock of the Gas
Company. Shareholders are given the
privilege of exchanging their preferred
share for share for the common. Those
who do not desire to exchange their
tdock for the common will receive 120
and interest for the preferred which they
noia.
NEW YORK STOCK-MARKET.
Xeir Yortr-JM. 7i
New Tot. Jan. M.
High. Loir. Clou.
Ealee.
2 AUu-Ctilmm
pH
1LSD Amalgamated Copper....... THi
nn iniaou Ad. Cban..... 53
1.SC0 American Beet Sngar... 23
XO American Beet Sogar pfd.. S3
100.C -American Can 23
WOO American Cin rid......... IzH
730 Americu Car & Fdrr . 53
1.000 American Cottonseed OIL- SHi
103 American lea Secnlrties.. :IU
SO American Unwed 10'a
SM
EM
lOVi
SO) American Loecmotiie ... 43 Hi 'i
ego American Malting W l: IK
38 American Malt I'll. Si Cli n
3.709 American Smelting. ... M W W
601 American Sugar ......... US IK UGsi
403 American Sngar pfd....... 11M 116 11CH
1.000 American Tel. A Tel.... ISSK 1W4 1SW
1.100 American Tobacco 23H 38 289
100 American Tobacco pfd vnt 106 ! 100
100 Am. Woolen pfd... . Tfi !W !W
400 American W. rarer pfd.. H 31 a
SCO Anaconda S'4 7
S.900 Atchison lOHi 103 1S
103 Atchison pfd ...41. IK ' ICC IK!
400 Atlantic Coast u)f.- 1OT' 130S 130
400 Baldwin Locomotive O '
100 Baldwin LocomoUie pro,. mi 1M'-1 IN
930 Baltimore & Ohio lCtri 101b 101
L5CS Bethlehem Steel SH4 SXi 3.
630 Bethelhem Steel pfd... OS CSX 634
SCO B. P. Goodrich Ci O tZi
3.&X) Brook! Rapid Tranalt... SU; 90 J1H
ZJ00 California Petroleum....... 64 S3'i Ott
400 Central Leather. ... 3 Si 3N
1.000 Chesapeake A Ohio TS 78U lit
HO Chicago Great Western.... It ltti IT
COO Cbkiro Great West. pfd.. 33 31
Z.3X C. 11 t. St. r IIS 11J
95 Chicaso Sc Northwestern.. 1ST 1336
300 C.C., C.i6t L. BVf, KBi
Zjy Clnco Con. Copper. CVi 43s
1.S0O Colorado lhel ic Iron..... 36U 35i
COO Consolidated Gaa. 13SH v 135.
600 Com rrrrfacU... 14 13
100 Deere pfd. 9Ti 3T4
300 Delaware & Hudson........ IOX 1GK4
300 Denrer A Rio Grand pfd 38 33
IK) Detroit United R. It...... TO 80
200 Distillers' Securities....... IT, lri
3.600 Er.e MS Si's
Vi'i
13TK
31S
100 Ens 1st K"d 43W 4RI 4SU
100 Ene 3d Ui i 40H 40H 40H
TOO General Electric Co. HTi 111 13U
100 Georze W. Helm 1T5 ITS ITS
23 Goldleld Consolidated T,i 3 7
3.630 Great Northern pfd. 13 133 13T4
3.600 Great Northern Ore sub... 40 38S 40
6.K3 Canadian Pad&c 3t!U 310S 3UH
TOO" Goctecheira Exploration.. 49 45S 40
500 Illinois .Central IS' 13SH IX
403 Inspirauon Copper. 1TH ITH TTH
4.000 Interboro-Metropolitan .... 19 US 13
3.T00 Interboro-Metra. pfd. 64 CM 6JH
1.403 lEternatiodal narrester.... 113 109 110S
500 International narrester pf 116 1144 llltt
1,103 International Taper. lis 11 1W
1.T00 International Piper pfd.. 4TH 4 tnk
VO International Pump 134, ISH 15H
100 J I. Case pfd. MCi looi! MOU
403 Kansas Citj & Southern.. 2?i 3?t 36U
100 Krewe Co.
TSU
tj;
Vn Ijiek. Steel
r,300 Lehith Valler
SOO Litsptt i. Mrera ...'.
300 TJeeett A Mjera pfd..
430 IxxMe-WUes
300 LoulstiUe i. NashTills
100 Ifaj Dept Store ..
100 Merchant Marine pfd.
3.000 Mexican Petrol .....
.46 t?,
.. 163U 163
.33 2i
. IIS 115
..38 3SH
. 139? 133H
ISH ISH ISH
Tl'i
7X.
COO Miami Con. Cop. 24
2JH
139H
300 M. S. P. A- 8. S. If. 110H
3.T00 Missouri Fadfl! ....
303 National Ene- A St...
100 NatlosaatE. A 8. pfd.
603 N. R. R of it. 3 pfd.
300 Nee. Con. Con.
41H
1TH
1SU ISA
800 New York Central. 108H 30TH KSH
M0 N. T. N. H. & n 133 123
103 N. T. Ont. & W. 32 33
TOO Norfolk A Western 113 112S
S0O Norfolk Amerivi ...... 81 SO'i
3.400 Northern Pacrlo . -430 113
103 Pao3c TeL A Tel..
IX radrlo Mad
800 Pennsrhania R- R..
39i 39H 39,
X 30 30
123H li 121
IB lll'i 113
600 Peopls's Cas A C 113
103 rettlbooe, MnL 2TH
!. rittaburz Coal 23S
3.000 ritlsborz Coal rfd 91S
300 P Lonllard Co. 303
200 Pressed Steel Car 2J
100 Rr. Steel Sp. Pfd. SS
2.TO0 Rar Con. Cop 19H
CO.000 Roadinx ... 16(V
900 Rock Island 32
3,400 Rock Island pfd 41H
2Ti 27-i 27H
3JS 2J 33
91S 90 90H
3S.
98
ISH
163H 1UH
40H 41H
100 Rumelr S3 ra
MO Seaboard Air Une. 30i 19
S00 Seaboard Air Una pfd.... 4SU 43
103 St, Loots A 8. P. 16H 16H
S00 St. Louis A 8. F. 2d pfd.. 33 3TH
83 83
20H
48H
16H
103 Sears-Roebock pfd.... 131 13 124H
300 Sh.. Sh. St. A Ir. 4JH 43 4SH
73 003 Southern Padflc. 18TH 105H 10CH
1,003 Southern Railway. SPi 2: 3TH
100 Southern Rlilwaj pfd 80 80 80
103 SUndard 3I11UBZ 3SH 33H 3SH
100 Standard MOline pfd. 65S 66S 65H
BOO Tennesare Copper.- SJ'a 33 SJ
SOO Texas Companr. !!" US US
400 Third Ateune R. E 29H 39 3
309 ToL St. I A TV 13 11H 121;
100 Twin CitT B. T..
. 1CTH 10TS 10TH
200 Underwood Typewriter.,
100 Union Ba; A Paper. 6 6
26B0 Union radflc 180S 139H
103 Union rsdfic pfd 90S S0H
100 United Cuars 49", 40"i
100 United Railway lnr. pfd.. 61 61
100 U. S. OL I. P. A F. 15 IS
1 U. S. Realty A Imp. T3H T3H
2,000 U. a Rubber. 6SH
300 U. a Rubber 1st pfd. 107U 10TH
38.000 17. S. Steel C5H 6(H
400 U S. Sted pfd 110". 110
2.209 Utah Copper. 55H 6411
309 Virzinia-Carouna Chem.... 33 31
100 VircinU. Iron. C. A O.... 54 SI
103 Western JlarrUnd. 41 44
300 Western Union Telegraph. TTi T2H
T2H
400 Weatinchoose Mfg.- 71 T3I 74
100 Weym-Brnt 30OH 300a 300H
203 Woolworth 101 10K. lOTi
300 Woohrnrth pfd. .... 113 113 113
Total sales 413.411 shirrs, against UZSm yesterday.
333.140 a sreek ago, and 4T6.T00 a year ago.
NEW YORK CURB STOCKS.
New Tor. Jan. 23. Today'e dosing prices of
us most acure euro aecunurs vera as follows.
Bid ard asked Quotatiorta in the otheOesa actira
ouuua aecunuea are panuanea oa another page:
Today.
Bid. Asked.
Anglo-American uu ish
Braden si
Bdtlsh-Ameriean Tobacco.. ........... 34
Chicago Subway 4H
Girocx Cons. . 3U
Greane-Oananea ......................... SH
nolllnger ISH
Interoon. Bubber ....................... EH
Kerr httn 3
La Rose Consolidated 3
I V. Coal Bales Company 213
Maeon Valley H
v.ivtt.i Transit.... ... 1
Marconi, new SH
Marconi. Canadian ............... 3H
Nlrrssim: 3flnes sa
Standard Oil. ex-sub. 434H
TnVon Gold .. 3
United Cigar Stores I09H
United Cifir Stores pfd ... 117
BONDS.
3H
ISH
4H
109H
Adams Expreaa 4s 83
Hraden m 133
Braden Ts 1st
B. R. T. Sa. notes ................ 96
Chicago Her. Cs 9SH
Montreal Tram. 5s ...
Pacific Gaa A Electrisj 5s............... 89H
Western Paaflc 5s. KM
NEW YORK PRODUCL
New York. Jan. 2S. SilLLIXOl-Steady: trade
is flow. Spring bran, 323.50; standard rnMlfng..
S23L50; Western red-dog. 32&.7S; winter wheat, in
133-rrand sacks,, to arrire, 5,10; city bran. In bulk,
333 00.
ltiE-Quirt: offenngj light. Western to arrire la
rained at about 72Hc c. L L, track and State,
at TS.
RYE FLOUR-Inouirr Is cuirt: nricea are ateadr;
good to choice quoted at S3L60ai.OO, In barrela.
BUCKWHEAT FLOUR-Steady; demand is Hfe
leis. Choice nominal at S3.rfj33S for 103 pounds.
CORKMBAL Steady; business moderate. KLln
dried, new, for export, S3.13a3.I5; coarse uiesl. in
bags, 1X33 for old and SLISaLlS far new.
IIAT-r.ectlpta. 753 tons: flat: trade is lnacam
Quotations are: No. 1 timothy. S1.05; ataztdard.
SL00: No. 1, SfcalLOO; No. 3. SOcaSSa
STRAW Receipts. SO tons; steady; trade is quirt.
Lcng rye quoted at VL00. Oats straw is alow and
value doubtful, possibly COaGSe.
rOEK Steady: inquiry is ""!" Mesa. SISLOOa
mioi lamuy, y-ins-.tr
BEEF Steady; supplies are ri and trade dnlL
Packet. 533a33: family, S31a35.
LARD Steady; moderate deatiegs. Prirne West
em, $10.63: reSned Continent, C0.S6; Sorrtli Ameri
can, S1L5S: refined Brazilian, In kns. C3J3; beef
steanne. Si cents; lard stcanne. SnacUre: New Tork,
ISM cents.
WALL STREET GOSSIP
Subtreasury gained 11,411,000 from the
banks Monday, and since Friday has
gained C631,CW.
BIrd-I think the"" market is sold to a
standstill.
Although one-third of Tuesday's busi
ness was in Can stocks, the entire market
held firm. This leadership was viewed
with satisfaction, because It seemed to
Indicate that the First National Bank In
terests were friendly to the market. Fur-
meruiure, me aavance in in was Dasea
on substantial earnings. The short In
terest In all departments of the martlet
Is beginning to get worried, and Is liable
to make an excited attempt to cover jit
any moment. Therefore a continuation
of the advance must bo expected.
Albany Assemblyman Cuvllller Intro
duced yesterday a bill to compel theln
corporatlon of all stock exchanges with
in ninety days after the act goes into
euect. These are to be under the con
trol and supervision of the State super
lntendent of banks, who m.iv nfiiHf tn
approvo the certificate of 'organization If
It fails to conform to the requirements
of the act.
The Twin City Rapid Transit Com
pany lias declared a regular quarterly
dividend of IVi per cent on Its common
stock. There have been rumors that the
dividend would be increased aUthls time.
but it Is understood that the directors
were In favor of a thoroughly conserv
atle policy of reinvesting surplus earn
ings in the property Instead of paying a
larger dividend or financing new con
struction and other requirements by the
Issue of stock or bonds of the two sub
sidiaries. Union Pacific for December gross rev
enues. Increase, iCXJ.VX. Operating ex
penses. Increase, 308,338. Net operating;
revenue. Increase. J4T8.930.
December earnings of the Southern Pa
cific Company will be published on
Thursday next. They would have been
Issued in conjunction with those of the
Union Pacific yesterday, but they have
to be first submitted to the Southern
Pacific executive committee, which
meets on Thursday next.
Moler This rally in stocks Is a demon
stration against the shorts, led by
Held's brokers.
It Is now positively' reported that a
plan has been matured for the payment
of part and perhaps all of the back
dividends on Can preferred. It. Is
stated In circles close to the Tjan
people that there may be a cash pay
ment and also a common stock disburse
ment to the preferred shareholders. Ac
cording to the reports, there Is author
ized but unissued about 32.700,000 of the
Can common stock.
There has recently been moderate sell
ing of the so-called soft coal stocks. In
cluding Chesapeake and Ohio, Baltimore
and Ohio, and others, on the sharp re
action which has taken place in the de
mand for and prices of bituminous coal.
These aro two of the largest soft coal
companies in the country, the last men
tioned usually controlling most of the
business In the New England States. It
Is to be noted, however, that tho bitu
minous Industry is still making a re
markably favorable comparison both in
activity and prices with years previous
to 1913.
The Chicago and Northwestern Hall,
way Company reports for December:
1513. Increase
Operating rrraiuo. 3S.T43.995 SX3.ZI
All other receipta................. 415,353 TLZ3
Totlal receipts. . JT.uK27
Operating expenses and taxea... 4.950,136
All other chargca (except dirt,
dends) 88T.63S
Total charges. t5.S3T.S3s.
Net Income. SL356,43
From July 1 to Deo. 31
Operating rerenues... ........ ...SO.854.8C9
All other receipts. 1.800.1 B
Total receipts. J4S.664.315
Operating expenses' and taxes... 31,072,124
All other charges (except difl.
dends) 6.1S0.1S7
Total charges ..M H..
..$VSi3ll S3.3D6.T1T
Net income U413.0O4 H.rL365
Decreaaa.
The above statement Includes the re
ceipts and charges (except dividends)
from all sources affecting the Income of
the company.
NEW YORK MONEY.'
.Srw York. Jan. St Call money opened IS wr
crnt; high, 3 percrat; Jow, 1TS4 pert3ttt;renewlj, 3
per cent; cdnrd. Si per cent; rtxluLZ rtte, VZ per
cent.
Time nocer market remiln doll and featurealeAa.
There Is sot a heavy demand by any means for the
fixed dates, and tne banks an not oaexinz f rxndJ m
larvTS quantlUea. Rates are 3tt per cent far alxty
day, 34UI per cent for ninety daya, 4 per cent for
four montha, and AxiM for fire and atx mootha.
Canmerdil rarer remains oolet and mchacrw at
(VaoS per cent for tho best names. Ixjodoo dianormta.
4 11 16 pre nt. unchanjied: Paris dUconnta, S1 per
cent, tincnacrTd; Ilerun tUwcmnt. 4J per cent.
NEW YORK COTTON.
Famished by W. B. Hlhbs A On.
w5pen. High.
March, 13.33 12.44
May 12.13 1333
July 13.10 HI
October 1LI4 11.65
Lew. Close.
13.3T 13.41
13.14
13.06
1LC 1X54
COTTON STATISTICS.
To-day. year.
NewTork-
New Orleana 5.426 9J4S
GalTeaton ....... 150 39.111
TcMlay.
13.15
13 MS
13H
UtB
131-16
I2H
Morale
150 3.611
Sai-annan
Charleston
Wilmington
Norfolk ....
Baltimore .
Boston
Various ....
3,563 17.031
22J UI9
304 1.603
1,360 5.331
6.370
Total 30 673 7LSM
INTERIOR.
nouatcn U.9IT IJ949
Augusta ............. 963 LTOS
Memphis L5I3 3.836
t)U Lonls G9 I.1B1
Little Rock '. .. SI LOSS
NEW YORK COFFEE
Furnished by N. L. Carpenter A Co.
Closing
Bid. Asked.
12.95 13.05
12.99 13.05
13.12 1X13
13.26 1X27
13L39 13.40
13.H UC
3X52 1X53
1X60 1X65
1X68 1X69
1X63 1X65
1X5S 1X61
1X53 1154
January
rcnruary....
March
April
May.
June.........
July.
August.......
September.
October......
December...
OUTSIDE SECURITY NOTES.
Now Tar. Jan. Z&.A iina.iixulectcio TrenilM
on the curb txxl&r, with trading actire la apou. AIL
of tii TobadQco issaea were atronc on sood bajinr.
StwdAirl Ofl iaeoes were strong and quite actlre,
and broken reported a food i&Testment jfrrmnd for
all ef the eobaiditiiej. Other Indnstziil laraes were
quirt, bat relatlrelr ateadr.
After bdnf ttemdr most of the oornlnz. Copper
dKiired a. rather tnegnlar tendency In the earlr
altcr&oon, bat basnesa oo the a hole wu oft a small
i again. atTonc on nomeroas
bnyinx orders from Tcronta.
lloaieesa In bonds was lifeless. The. most acttre
bonds traded In on tho outside, market dminz tho
past week, th St. rant conretlbte 4Hs, was listed on
the board jeslerdarv
TUESDAY'S GAINS.
Copper 1
Union Pacific.. 1
Steel 1
Weatlnsrhouse.. 1
Utah Copper... Vx
So. Rr. DfL... xa
Smeltlnir
I.oeomotlve .
Cotton OIL.
Sojrar ......
Anaeondss ..
Atchison ...
Hr'IUra n.
Rock 11. pfd.
Realty
SIOaaa-SkexYWId.
V.
1
. 1
.
H
. Vi
.
. 1
Lnutlllers'
col. Fuel...
TenK Cons..,
So. Line
Paper' pfd....
Paper eons...,
Erie 1st pfd.,
Ktif
Ut. Xortbern
C.ti .Vortb, Ore lt
Illinois .Cent.
Interboro ....
Iaterboro pfd. H
a t O .. sx
W. Y. J. ji
JV. yw.....Vl -
uaraerwooa . .
Mexican Oil..
Gt. Western.,
licet Snsjar...
Can
Wool pfd
Corn Products!
California OH
Can pfd......
I.orillard
3
A"th Axaer,.
A'ih'n P.elfle
PennnylTanla,
People' Gas.
M. l'anl...
- '?'"15. JJ
Am. Tob IVi
Pacific 1U
i tt 31. 'ion...
Toledo i4
Harvester .... 1
MISCELLANEOUS BONDS.
New Tors, Jan. .21 Closing Quotations of mis
cellaneous tionds:.
Republic of Cuba 4Ta 8TH
New Tors: Central 4' 1J37 new 105H
Armour . uo. rra, estate 4s..... SIX
juanson, -roprka Sl Bant re giUs.
Atchison, Topeka A Santa F crt Se. 104H
Auanuc uoast Una 4a
Atlactln Coast Line-L. A if. as
BalUmora A Ohio gold. 4s SfH
Baltimore A Ohio 4a when issued 3C
Brooklyn Rapid Transit to. .s 1H
Chesapeaaa A Ohio con.
Chesapeake A Ohio general 4Ka
Cheaapeale A Ohio ert. t"a
Chicago, Burlington A ..ulncy ts, reg...
Chicago A Great Western 4s.
Chicago, Mil. A St. Panl 4Hs
Chicago. Hock Island A Picric rf. is
. 1C0H
Dn Pont da Nemours Powder 4'ls OH
.. is. & w. ceo. ,
Interboro-Metropolitan 4H -....-......
Interboro-Metropolitan 4H, registered.
Lackawanna Steel 5a, B3J. SEU
Liggett A Myers 5a. w
Louiartllei A NaahrUla unified 4a. 30H
aucnigan fct. TeL 5a wo1
New rork Railways rfg. ts TS'
New York Railway adj. Ss. 63'
New York Tedenhone 4Hs 58
ftorrou A western con. 4a. 56H
Norfolk A Western est 4s. 111H
Norfolk A Western diridend 4a 92S
Northern I'adSo 4a. 9SS
Aortnern ratine 3a 6TV
Pacific Telephone A Telegraph 6a. 100",
I'ennsylrania guaranteed 4Hs 104
1'cnnaylrarua S"a HIS X 3TH
rub. S. of N. J. 5s. J.-S
Seaboard Air Line adj. Se. T7
So. Bell Tele: A Tele. 6s loo-.
Southern radflo crt 4s. 531,
Southern Railway 5a lo&fc.
Southern Railway 4s ?J
Texas Comrany crt 6s ,
Union radflc 1st 4s
Union Pacific rfg. 4s ,
Wabash retonding 4a.
Equitable Trust Co. rtra.. stamped...
Central Trust ctfs.
Western Maryland i
Tout sales. S2.639.000.
BALTIMORE STOCK MARKET.
Bid. Asked.
STATE SECCRITIES.
Maryland 4s 1321 oeH ...
BALTIMORE CITY STOCK?.
Baltimore Clt Us Bui , ert;
Baltimore aty 3Hs 133 H ...
G4.S STOCKS
Consolidated Gas 4Hs K'i 05'i
Cons. Gaa E. L. A P 4H. S3 00
Cons. Gaa K. U A P. ma. 117
Cons. Gil E. U A P pfd HJH ...
BANK STOCKS.
Merch Mech Bank . ajt,
National Bank of Baltimore IS!
National Tloward Bank 1$
Western National Bank ay 35-,
RAILROAD BONDS.
A C, L. of Ct- ctfs. 4 20s n
Alabama Mid. 5s 1061, 107H
Georgia A Florida 5s ..- 64
Ga, South A na. 1st Sa I95H 10SH
New Or. Mobile A" Chicago ts. KH
Norfolk A AIL Term. 5s JJ
Petersburg 5a Class A 106H 1C7H
Potomac Valley 1st 5s 104
Seabosrd 4s (stamped PH M
Seaboard Adjustment 5s TT TTH
West Nor. Car Cora. 6s 102
RAILROAD STOCKS.
AtlsnUa Coast Una of Ct- 27 2G3H
Northern Central Ry. 123H
STREET RAILWAY BONDS.
Chas. Coca. Ry. G. A E. 5s. 77 M
Hiirmont A Clarks' Trae. 5s lot ...
Maron Ry A L. 1st Cona. 6a. 09
Maryland Electric 5s JP, 07s.
Newpt. News S Old rt 1st 5a. 9i
NewpL News A Old IX (G. SI.) Se... T TTH
Norfolk A Pcrta. Trae. (s. n
United Itia A F3ee. 1st 4s. Wi K
United Ryv A Eire inc. 4s 63 62H
Waah. Balta. A Annap. pfd 36
TRDST COMPANIES.
Mercantile Trust Co 153 103
SIISCELLANEODS.
Baltimore Brick Sa S3 S3H
Baltimore Electric 5s 99 99
Baltimore Electric pfd. 46 46H
Canton Co. 196
Cotton Duck 5a T8H TS
Gary Notes 96 103
G. B. 8. Brewing 1st 4s. 4S 50
ft. B. S. Brewing Inc. 5s. 10
Milwaukee Ret. 4Ha 9JH 91
renca. Water A Power Com TO
Fenna. Water A Power 5a S3H 33
MINING.
Alabama Cons O. A L 5a. 76
Cons. Coal Co. 10311
Com. Goal lat 5a 93
Georges Creek a A I. Co. H
CHICAGO GRAIN MARKET.
Furnished by W. 8. Tllbbs A Co.
WIIEAT Open. Hlth. Low. Closa.
May .... CS 3X ri KS
July SO S0H SOH
CORN-
May. ....... HH 51si HH
Jnly. - EX. E3 51Ts
OATS-
May 33i 33H 33H
July ..- SJV ZTA 33
CHICAGO PRODUCL
Fnrnlsbed by W. B. Hrbbs A Co.
PORK Open, High. Low. C
January....... 1S.1T .....
May 1947 13.50 BJ0
LARD-
January....... 132 ..... .....
May. M.49 ML40 1033
BIBS-
January............ 10i30 ..... .....
May 10.40 10.13 10.E
B0STO1T COPPERS.
Bid. Aaled.
Adienbira 4H 5
Bohemia .v. 1H 3
Calumet A Arizona. 66 6&H
Calumet A Ileda 435 436
Copper Range. - 43 4SH
East Butte. I3H II
IVanklin tH 11
Indiana 14H 13
Lai .r..... 3IH 20H
La Salle 4H 5
Mason Valley. SH 9
Mayflower 12H 12H
Mergenthaler 36 330
Michigan 1H 3
Mohawk 53H 54
North Butte. 30H 30!i
North Like... 3 2H
Old Colony. Pi T
Old Dominion ISH 43
Oneco 1H 1
Osceala - 95 96
Quincy .1 73 71
Shannon 13 T3H
South Lake. - 5H 6
Swift 105H 105
Tamarack 30 33
United Fruit............ 177 ITS
Utah ConsnlMited....... ............ ...... 10H lCXt
Victoria IS IV
Wolrerlne ... .... 68
Isle Royale. 28 3
NEW ORLEANS COTTON.
Furnished by N. L. Carpenter A Co.
scale. Cobalt Issues
Ossint
Bid. Asked.
1X53 1XM
1X33 .13
lis? lira
33.43 TXI3
1LU 1L63
Open. Hiih.
Low.
12.47
12.2T
1X25
13.33
1L5I
January........... K.4T 12LS3
March.. 1X31 13,41
JUy ........ 1333 1237
July.............. 1133 1X11
Oclorxr............ 1LS3 1L56
FEDEKAL
NATIONAL BANK.
Southeast Corner Fourteenth and G 'Streets
Capitair$500,000.00 Surplus, $125,000.00
The President and Officers of tlie Federal
Rational "Bank are always accessible to its cus
tomers. Whenever' their advice js desired on financial
nlattcrs, there is no delay in getting a hearing.
.Wc offer the best of banking service to all, and
invite 'small as 'well as large accounts. ,
OFFICERS
JOHN POOLE,
President
J. J. DARLINGTON, General Counsel '
DIRECTORS
Byron S. Adams
Walter A. Brown
John H. Clapp
Myer Cohen
J. J. Darlington
Ralph W. Lee '
Wilton J. Lambert
WASHINGTON STOCK EXCHANGE.
Washincton Railway A Electno 4s. SM0 at UK.
Potomao Consolidated Sa. SUXD at 101V S1.0CO at
101K 11.000 at lOlV
Waahington Railway A Qertne. preferred, IS at
9C. IS at IL
Vashlncton Gaa. 5 at S4V
After csll-Waahingtrm Gaa, lSat MS. 1 at
Washington Railway A Electric common, 35 at 86,
25 at . 33 at S6, 35 at K. 1J at K.
rnL-mae Consolidated 5a. SljOOO at 101V
Washington Railway A nectxia preferred, 5 st
90V.
,. 10JH
.. K2H
..1031s
. 113H
.. 113H
IH
103H
103H
11IH
11IH
n. S. rrg. 3s .
C. S coupon 3a ......
U. 8. reg. ts....-
U. S. coupon 4s
OAS BOKCa
Georgrtown Gaa cert. lnd. Ss. Ill
Oeonxtown Gss 5s. 10S
Wsihington Gas Sa 11
llAlUtUAU ISU3LI3.
Capital Traction R B, 5s. 110
City A Suburban 5s 13;
Columbia 5s .....--. 100
Columbia 6s - 131
Metropolitan St - - 1"H
.nacoetia X Potomac 5s. 96
Washington Ry. A Elec 4s St
Waah.. Alex. A ML Yemen Sa..
MISCELLANTOCS BONDS.
Potctnao Electric Cons. 5s. 101H
Potomac Electric Light 5s 104
Chesapeake A PotVmae Telephone 5s,... 104
American Tel. A Tel - 1M
I. tt Ptrer Mfg. 5s 91
Norfolk A Wsshington Steamboat 5s.... 104
Rlggj Realty 5s (long) -... ICS
Biggs Realty 5s (short) 103
PUBLIC CTIUTT STOCKS.
Caoital Traction . 121
Washington Railway A Electric com.... K
Washington Ry. A Electric pfd...- 93
Norfolk A asblngtcu Steamboat, 371
'naihington Gaa - "4H
American TeL A Tel - 133
TTPB MACHINT3 STOCKS.
Mergenthaler Unotype 737
Tanston Monotype. ea
MINING STOCK.
Greene Cananea TH
NATIONAL BANK STOCKS.
American Bank 170
Capita! 323
Colombia .- - 753
Commercial .' - 303
District - 141
Farmers A Merchants Nat Back. 23)
Lincoln National Bank ,- 152
Metropolitan an
Second !
National Bank of Washington.
TRUST COMPANT STOCKS.
American Security A Trust, 337H
Nstional Sating! A Truer, 266
Union Trust. -.. ... tsj1
Washington Loan A Trust. .335
United Staiee Trust, - lO
8AV1NGS BANK STOCKS.
Citixens MK
Home 33S
rnion 246
Bank of Commerce and Sartngs. 12H
East Washington,...- IJH
FIRE INSURANCE STOCKS.
Arlington '
Corcoran .. .
Firemen's -. 13
German.American Firs Ins....... 2C.,
National TJnion. - 63
Potomaa .............. 33
TITLE INSURANCE STOCKS
Columbia .............. 6H
Real EiUte. ... BS
MISCELLANEOUS STOCKS.
Chapls-Sacks ....-....-..... ....... 169
D. & Paper Mfg. Co .................. 131
Graphophono com. .. 40
Graphophona pfd........ ..... TS
Security Btcrage.. ..... .-.-..
Waahington Market...............-.... UK
El dlndenA
WASHINGTON PRODUCE MARKET.
EGCS-Near by. fresh. 2U22. Southern. Sa23.
CIIEKSE New Tork. new. 73 lb.; flat. 73.
BUTTEB-New Tork. new. 31 lb.; tub, 32H: reoc-
LI E 1-OULTRY-Hens. 15 per lb. : rooster. 10a
10H per lb.: turkeys, 1303) per IB.: cnlcleca, large.
I7al3 per lb.: meoium. ldau.
nrtF-SSED POULTRT Turkera, 20s22 rr lb.
bens. llalS per lb.; ducks, 17 prr lb.; chickens. 31
per lb.
GREEN FRUITS California oranges. T-OOelOO per
box: lemons. 5JS per box; pineapples, per erate. 3.03
aitor Florida cranefrmt, 43 per box; tangerines.
2.0Ga2.40 per box : apples. LOOeitO per bbl.
DRESSED jieats Ligni-weignt potr. iu per in.;
hraeier. 9H.
VEGETABLES rotatoej. S per ejus.: celery, s
ne dnx.: rams. 1.00sL3S per bbL; ceiiona, 60 per
crale; cabbage, u per iw ids.; leuoce, oauu per
basirt: beets. LlOalJO prr MO bunches: squash, LOJ
per bbL; sweet potatoes. L38 per bbL: Uma beans. 13
per qL: rranberriea, 12H: caulinower, LOOalOO per
bbl.
Mother Aliened Slayer.
Wellsbure. W. Va., Jan. 25. Mrs.
George Huffman Is In Jail here to-day,
charged with beating her three-year-old
daughter to death with a hammer. It Is
believed the woman Is demented.
CASTOR I A
For Infants and Children.
Th Kind You Have Always BHght
" ---- '1
N.H.SHEA,
Vice President
Arthur D. Marks
Frank B. Noyes
John L. Newbold
John Poole
Clarence B. Rheem
N. H. Shea
Leon Tobriner
STEEL CORPORATION
EARNINGS $108,178,307
Year 1912 Shows Increase of Sereral
Million in Essroinp-of Giant
Combine.
Xew York, Jan. 73. The United States
Steel Corporation to-day reported Its net
earnings for the Quarter ended Decem
ber 31. 1913: to be X25.1S5w557, as against
t2),0GXS13 for the quarter ended Septem
ber 3D, 1913. and 133,103,115 for the quar
ter that ended December 31. 191L
The surplus for the quarter that ended
December 31 last was 7,410,979. compared
with J3.434.W1 for the quarter ended Sep
tember 30. 1912, and JS3.6S3 for the quar
ter ended December 31, 19U.
The total net earnings for the yeat
1312 were J10S.1T8J07, as compared with
310.30fi.46i; In MIL
The directors to-day declared the regu
lar dividend of 1 3-4 per cent on the
preferred and 1 1-4 per cent on the com
mon. DYING ROBBER BEGS
BROTHER TO CONFESS
Albert Boer Remains UnmoTed, How-
erer, and Disowns RelatiYe.
Denies Hold-np Story.
Chicago, Jan. IS. Peter Boer, highway
man, mortally wounded, confronted his
brother, Albert Boer, and begged him to
confess. Albert denied that he had ever
seen his brother before, and refused to
make any admission. Shortly afterward
Peter died. He was shot to-day In an
attempted hold-up of Clarence Mc
Sweeney, crippled police operator, who
himself was wounded. The attempt to
hold up McSweeney was the fourth rob
bery of the night in which the Boer
brothers participated, according to the
ante-mortem statement by Peter. It was
one of a series of twenty or more in
which they had taken part, Peter told
the police where they could find bla
brother, whom they were seeking. They
brought Albert In.
Gazing at Peter, whose breathing was
painful, the older brother listened to his
labored sentences.
"Don't be foolish, boy," said Peter.
Tve told the police about the robberies
you and I did. I'm Tour brnhi Anri
you know It. I'm going to die, I know It,
Tell 'em everything. "
"Who Is that guyr' asked Albert,
"He's crazy."
In his cell a few minutes later Albert
was unmoved when told bis brother had
died.
ROMERO SENTENCED.
Filipino Gets Four Months for 1'nsa-
Inff Had Checks.
Special to The Washington Herald.
Baltimore, Jan. H Fllemon J. Romero,
a young Filipino, was today sentenced to
four months In Jail for passing two forg
ed checks In payment of his board bill
at the Emerson Hotel and In payment
of chauffeur's bins. The young man
claimed that he was connected with the
Filipino delegation in "Washington, but
Investigation proved this was not true.
In extenuation of his offense Romero
claims that he did not know the laws
of the United States regarding persons
who sign names other than their own
to checks. He Is alleged to have forged
Leonard L. Bowcn's name. Judge Dol
bar, of Criminal Court No. 1, In sen
tencing the young man .told him to make
a close study of the laws and customs
of the United States during his, confine
ment. ALLEGED SWINDLER ARRESTED.
Jaiucsi McN'IdioIa TVobbed !r Boston
for Bin; jllnlno Fraud.
Boston; Jan. 3. Within ten minutes
after James M, McNIcholas, a. fashion
ably dressed Cleveland, Ohio, mining pro
moter and a guest at the Copley Plaza,
announced to the clerks that he was go
ing to Hot Springs ,for a vacation1, he
was, arrested on a charge of using the
mails to float a million dollars of
worthless stock. He was indicted sev
eral weeks ago In Cleveland, which he
claims Is his home.
"This Is a horrible mistake." said Mc
Nicholas. . He was arraigned before U.
S. Commissioner Hayes and held In
110,000 ball for n hearing next Monday.
The company he represents was recently
organized under the name, of the 'United
Mining and Milling Company.
Vo Bread In I.lmn, Pern.
Lima. Peru, Jan. 2S. The Peruvian
capital was without bread to-day becaiiiKi
tho bakers Joined the general strike that
ts In force here.
We Perform
Eveiy Service
for our depositors that
a well equipped and con
servatively conducted
bank can perform.
Banking business of
every description invited.
Sound Investments
made for customers.
Travelers' Checks, Let
ters ofCredit and For
eign Drafts issued.
TheRiggs
NATIONAL BANK
rcNK. ave.. orr. v. a. theasuiit.
OUR COMPLETELY
EQUIPPED REAL
E.STATE DEPT.
enables us to manage the
property of our customers
y efficiently and economi
cally. Those desiring satisfac
factory service are invited
to confer with us.
The Washington Loan
and Trust Company.
Cor. 9th and F Sts.
J0H7 JOT EDSO.V. Prealdnt.
The Safest Investments
Are tncM that do not CnctnaU during dss.
tnrbed emditions of the money or stock rasr
kcts. First deed of trust notes (first mort
gages), well secured on real estste in the Dis
trlrt ot Columbia, constitute "gUtdgt In
Teatments. Ther do not depend npon the
financial responaibOitr of indrrtdnals cr cor
pcrations for tbeir stabllltj. and are exempt
(rem taxation as personal propertx. Vss eaa
Kpplr men brrestmenta in amounts frofa S3
cpsrard. Bend for rjocUet. "Goncerring Loans
and IsTestsacntJ.'
Swartzell, Rheem O
Hensey Co.,
rrr ISUs Street XorthSTrjt,
W.B.Hibbs&Co.
LOCAL. SECTJIUTTES bought
and sold on same favorable
terms as we offer for trading
In New York stocks and bonds.
fiibbs Building
CA ALHAMBRA CA
3C THEATER 3C
519 Seventh Street Northwest
WM. AIREY. Man&isr
NOTHING STALE
Fresh Films Every Day
We srlva Herald tSTLOOO eoatrat Totesv.
m;iiiiiiiii!:iiiiiiit:
H
ZENITH THEATER I
715 8th SLS.E.
Where comfort and content- H
ment reign supreme. jf
s
4 New Reels Each Day
SENATE
MOVING PICTIRE THEATER
322 Pennsylvania Ave. S. E.
4 REELS
OP HIGH-CLASS PICTURES.
GOOD MUSIC ALWAYS.
OPEN AT 6:30 P. M.
5c AMISSION 5c
Ws ate Tote is Tb Herald's I3.a Contest,
Chelsea Theater
HOST COMFOIITABB THEATER.
U Street. Betareem lath aid 20th.
SEW FEATUI1E FIUIS. -i
5c 5c
i Gis Votes tn The Herald's tsjm Contatf,
tV scire Herald 13.000 contest srafes..
QUAHTY MEATS
m "wmvct somyoiY &
And Provisions of all kinds. Try
ourTjlunip home-dressed Poultry.
TARPC 901USt.N. W.
anilii PKon.N.67
ViSMTateiklteBariUsisVsllMM.
t
;S.i . S&sS A-vre t- L, Jti
A, .
, n
,-efishe-f- xtfo,

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