Newspaper Page Text
THE WASHINGTON HERALTV TUESDAY; EEBRUARY, 4, 1913.
Washington Company Shows
An Increase of $116,746
in Net Earnings.
President .Leiter Will Succeed Him
self Other Report Filed Stock
lly I. A. FLGMIMi.
Experts familiar with corporate ac
counting call the annual report of the
Washington Gas Company for the year
1S12, "very fair."
To a more or less inexperienced lay
man, it looks as if the company had
been liberal in its deductions; that it
had expended sufficient money to put its
lant in good shape and that the man
agement had rendered a fair account of
its-elf. At the same time there was ap
parently no scrimping to boost the earn
ings, liberality was evidenced in the ex
penses. For the first time a complete annual
report awaited the shareholders when
they assembled so that they might know
Just what results had been accomplished.
something that they had not been able
o obtain at previous meetings, save
from the speedy reading of facts and fig
ures by Secretary Orme.
The reiKjrt was prepared after book
keeping methods suggested by the In
terstate Commerce Commission and has
the official "O. K." of the American
A 'id!t Company.
fining right to the meat, the net cor
porate Income for the year 1912 was
Jfi1.7r&7i. as compared with J449,010.59 for
1SI1. an increase, net of S116,74&19.
With this increase the net corporate
Income -it as 113.24X22 less than the J624.
i paid In the distribution of the an
nual dividend. Last year the earnings
i.ll lxlow the dividend by $130,000.
lleveniie for 1911. gross, i2,00S,13S.61; for
The operating expenses tell the story.
There wan a reduction of $21,400 In gas
miking labor an economy; boiler fuel
ai.d wter increased Sli.600: coal used in
gas making a decrease of $20,000; $30,000
more was spent for enriching oil. $4,000
more for purifying supplies. &c and
over JlS.OiO was saved in maintenance
of gas apparatus.
looking for economics, there was a
Mvlng of $30.3") in distributing depart
ment, wages and supplies, and more gas
was distributed hy 270.00O.O00 feet, mak
ing this a gratifying showing. Another
creditable showing was an increase of
JJ2.500 in expenses on maintenance of
meters, a work that the company's of
ficials paid particular attention to.
Old nirectoru He-elected.
Tti.-re waxn't a murmur of opposition
to anything at the meeting. The former
directors wero elected to a man, the vote
lieing 9S.013 shares for the majority of
the board, one falling under 9S.0KJ. THIS
showed that 32.000 shares were not rep-
i-sented. either by proxy or in person.
The report of the president told the
fa U that are covered in the statistical
table, explaining various items, including
one ul xiou.'Ui norrowea, ror me purpose
of reimbursing the treasury for expendi
tures on capital account, the securities
for which have not been offered for sun
nption as yet.
Tlin. president further explains forms
of bookkeeping made obligatory by the
Interstate Commerce Commission.
Tile report passes the Georgetown Gas
ontroversy with the statement that the
matt-r 1s in the hands of counsel, and
iii announcement is made that dividend
as not paid by that company.
Will Rc-eleut -Mr. Leiter.
In all probability the board of directors
will re-elect Joseph Leiter as president
There was no evidence of opposition
sh-wn: in fact, the meeting ran like well
oiled niachinerj. with the elder Mcllhen
nv about the only to make comments.
The secretary read new by-laws, and
the nn-eting approved without a dissent
ing ote the laws putting more responsi
bility on the directors for their action.
-Mr Leiter was present during the en
tire meeting, an innovation, as President
MLean was in the habit of retiring as
j-oon as the chairman had been Intro
duced. The loard of directors is composed of
fie following: Joseph Letter. II. S. nee-t-ide,
John I). Jlcllhenny, Ord Preston,
.lames II. Green, Guy F. Whiting, and
With a gross income of S7SS.640, the
ompany was so unfortunate to lose
J13.H5 from customers who did not pay
tneir bills. Xo other business will show
like collection results.
A matter of $327,000 has been paid
from earnings since ! for improve
ments, mains. Aic: that has not been
capitalized and will be refunded from
proceeds of a future bond Issue.
The Georgetown Gas stock is carried on
the luoks oi the company at $43.70 a
share, and the certificates of indebted
ness as par.
During the year all of the old 4s have
been exchanged for Js. but $2,000.
The story of operations for 1912 is
bhon in the following:
el ereralinc reitiiue $M0.6a
ItMucatVHu, from total nit reenK
Total deductions from net
Gross Airnnrate inrome $798640
Deductions irom sroas connrato income
)llier deductions 1,800
Net eorporale lnome $10,7S(
Bills ieceirable 4.S72
Accounts RociTsb1e ............. TVa
Interest and Oiridcnds Receii-
Ue .- 7.700
Materials and Supplies 195,131
Other Current Assets 1,03
Miscellaneous Inrestments "
Georcetown Ou Light Company
clock. 3,530 shares $172,001
Genrretnini Gss Light Company
ctfs. of indebtedness at par.,.. 12273
Washington Gas Light Company
Moot. Cm. lid., stock. 500
hairs . . ..........t ... 10,000
ura caiaiat install-. trace Ie-
crmlicr 31, 1303 414.431
.: IU.T33,6 HM8MB
Miscellaneous Temmnrr 1thit
Prepayments ...... $1.00
Unamortized debt discount and
expense ,.. 30-jj
Constiuctloo work in prosress.. 6.413
Totals $U.6St.t06 JliSW.TTJ
Xolc-Of tlivi amount SXO.OOO ou nroekled br
the bond i-sae of Xorember 1. 1310. The balance
of lJ22k26 lias been paid from earnings iDd will
dc rnunaeii from jvodtxru of a future Pond issue.
Taxes aec-rticd ST3.633
Interest somied 3.76?
Consumers' deposits. S3.SU
Accounts parable. SG.2H)
4ther unfunded debts. 203
Hftr-)Tar 5 per cent cold eoH-
Puq bunds Aih $3,t13:
Refunded improrement bonds,
Senea A 4.100
Itefunded improvement bonds.
Scries B 3.4M
.. S3.t59.63. SX459.6U
Accrued amortization of caiatal...pn.l97
Unamortized premium on debt. 3.126
Insurance reserve K.345
TotaU lJ.f3U06 JU.S16.T71
Compnrntive Opcrntlnxr Kevennea.
Sales of Gas $2,08.120.62 $1,930,123.35
Sale of Cok. L313S4 ETiUifi)
Sale of Residuals.. 6,703.73 12,271.44
nue S.413.03 7.S33.53
linn HO Feet of Track.
The Washington and Old Dominion
Line, lessee of the Southern Railway
Company's Bluemont Division, operates
lis feet of double track In the District
of Columbia. For this reason the corpo
tatlon must needs make report to Con
gress. Of the capital stock. 2.3S3 shares are
owned by John R. Jlcl-eaji. and 12.000
shares by the Great Falls and Old Do
minion Line, the balance being scattered
one or two share holdings.
The property is covered by ninety-nine
years' lease. Stock authorized $2.000,on0;
issued, $I,rm.000 fully paid. There is s
funded debt of $l,7.O00. upon which I
per cent Interest is paid.
The cost of the road-bed. superstruc
ture. &c, including iron In the .District
is given, at Kt.Kl: of buildings, $113,744.
Passengers carried in the District or
the 116 feet of track. 1.S53.76D.
Average time crossing the 116 feet of
track in tne District two minutes.
Wages paid to engineers, drivers, mo-
tormen, and conductors, $3,463. Receipts
from passengers in the District, $12,S1J;
from other sources, $13,OSL
And its the busiest 116 feet of line on
fair Sundays in the District of Columbia.
Comparatively little business was
transacted on 'change yesterday save iu
Washington Railway and Electric com
mon. Initial buying orders were at S6.
Offerings at this price were absorbed.
and the bid advanced to S61-2 and later
$7. In all, 4.W0 shares were bought
and sold, and the S7 bid was on the floor
when the market closed
A quotation lot of the preferred stock
sold at SO and twenty shares of Lanston
This completed the record of the day.
Subordinate Roads Report.
Ttri:;htwood Railway Company reports a
deficit of $31,X3.7!. It carried 3.310,00) pas
sengers at an average of 4 cents. Oper.it-i-ig
expenses were $11604 03, other
charges were $13.7H.S1, and tho receipts
Georgefown and Tennallytown Railway
Company reported receipts of $75,914.07,
operating expenses of $71,522.75; surplus.
Anaeost'a and Potomac Railway Com
pany for eight months shows a-'deflcit of
$19,197 IS. Receipts were $30S2.2S, and
operating expenses were $327..7U.46.
City and Suburban Company reported a
total receipt of $rOfi,21I84. with total
operating expenses, $.V6,3M.99. Charges
for Interest end depreciation, including
the lire at the Thirteenth and D Streets
carhouse. amounted to $162,673.12. The
surplus reported Is $1.1,942.47.
Again the Supreme Court of 11i 1-nito.t
States dissappointed Wall Street, in that
u tailed to hand down a decision in the
all-important Minnesota rate case. The
street doesn't know Just what to make
of the delay. The Justices were supposed
to be near a mind on the matter, as in
dicated by previous action on the same
The market was slow and dull all day.
but weakened somewmit after 1 o'clock.
Steel was off a point. Southern Pacific.
S-4; Harvester, 1; American Tobacco. 2:
Liggett and Myers Tobacco, 1, and Can
Union Pacific remained fairly steady.
Mexican Petroleum advanced 1)3-4.
The gossip of the day was not espe
cially important. The chances are that
the bears may take a try at breaking
Net Incrcnue In tt4!)0,l77.
V statement issued by the Comptroller
of the Treasury for the month of Jan
uary shone that the total amount of
bank notes outstanding on February 1
was $7.10,41.769. as compared with $711,
Cil.S on, the same date last year. The
net decrease since January 1 last was
$4&.177. On February 1 there were $731,
273.1.V) on deposit to secure national bank
notes and $46,S17,O0O on deposit to secure
The monthly circulation statement for
January, issued by the Treasury De
partment yesterday shows a general
stock of money In the United States. Feb
ruary 1. to bo $3.715.734.u61, against $3,719.-
046.M7 on January 2; held In the Trcas-
ry a8 a85ets f ile government. $361,-
36J.34S February 1. as against $36S.31S,9S7
January 2; money in circulation. $3,351.-
30.13. February 1. as against $330.727.
oeC. January 2; $3S.;63,640 Fcbruar- I,
1912. and $S16,aS,721, January 1. 1S73.
NEW YORK CURB STOCKS.
New Ycrt. Feb. 3. Today's closing prices of tile
must actire curb securities were as follovs:
Anglo-American Oil J94 )
Bratlen 9S 9-S
Kerr Lake..... w
La Rose cons
L. V. Coal Sale Co
Standard Oil, ex-sub
United Cigar Stores
United Cigar Stores Stores pfd.
Adams Kxprrss Is ., 80
Brsden 6a. 188
linden 3s. , ;. 1S3
B. R. T. 3s. notes S4S
Chicago Elerated 5s. 98;
Montreal Tram 5a. .....M........ 100U
Pacific Gas & Eltctrle 5s. 8U
Western' Pacific 5s.... 87
- ,B NEW YORK STOCK MARKET. '
Hew York. 1'eb. 3.
Hirt. Low. Clwe-
12.400 American Collier .....
100 American Asri. Chem..... S3 S3S 53s-
ICQ American lleet Snaar 37H 37K 37".
iu .tmencin H. sow & ro... 55
32.100 American Can. OS
3.800 American Can nfd 117?;
1 100 American Car i Foundry. SH4 UK S3U
iiu.unencan cities CH Ci K
200 American Hide & U i t i
100 American lea See.. 2J', -TSi 314
100 American focomotlTo 40S 40V. 40t
200 American Looomotira Hi.. V& 155H 10S4
1.400 American SmelUns ...... 71 T3H J314
100 American Smelt, pfd B. .. 86 M 86
fa) Amerinn Bteel Fo. 404 39S 39
. 404 3Si
. irn; lirv
. 1UV. lWi
. IS. Ul't
. 31 2C
. Tfi mi
w -Amencaa Biunu- .....
100 American Susar xd .
2.800 American Tel. & Tel.
500 American Tobacco ....
500 American Woolen pfd. ... 79S 77 S74
1.10) Anaconda 35 3n 3TS
1.2O0 Atchison 101 103S 103Ti
20) lultlmore & Ohio KCS 102. 1KH
700 Bethel Steel 39i 38i 281
100 Bethel Stel lid 66i MS US
100 B. V. Goodrich a a a
COO llrtwklrn Rapid Trsnalt...
4.40O California 1'etroleum
100 California lYtroleum pfd..
1.600 Canadian l'aclne
100 Central leather rfd. ..,
1.300 Chicaco JIU. & St Paul.. U4
200 Chirac" & Northwestern.. 137S
100 C C. C. & 8t 1 84
TOO Otan Con. Copper...
8,390 Oi. rati & Iron
300 Consolidated Gas......
2,603 Cora Products. ....
200 Corn Products pfd
100 Detroit United It. It..,
600 Distillers' Securities..
100 Gen. Electric Co 1I2S lSa HH4
100 ln. Motors rd
1.700 Goldfleld Cons.
1,000 Great Northern pfd
fAJ Great North. Ore. sub.. IV 3i
200 Guccenheim EspL 504 504 WS
10) Hoinrstiae 117H 1174 1174
400 Illinois Central 1, USS 1I3S
100 Int. Acricultural 334 334 3S
100 Inso. Copier.
2.00 Inter. Metro. US US 4
200 Inter. Metro. iCd 65 (4 tK
1.100 Int. Ilsnester Ill 113 11JS
503 Int. Ilane-'tcr lifd 1134 US 1134
80 Int. Paper. KS 12 I2S
100 J. Karser
200 J. Ksjser pfd
101 J. 1. Case H-d
SO Ksr.ui Citr Southern...
30 Ladiswsnna Steel
3530 Lchujli Valler
330 IJsrrtt Jt Miers
20) IJtsett t; Mrers pfd
1,100 lowe-Wilcs ,
100 lAw-Wilei 2.1 pfd
4,910 Mexican Petroleum
U2H Miami Con. Cocper
100 !.. S I. i & 8. M
200 Mesnouri Paeinc.
VO Nationat En. i St
110 National Lead
200 National 1-r.d pli
.. 1084 103 10!'.
.. 1034 1014 1034
.. 2S(i SS 254
.. a 47S s
.. K2S 1(14 K14
..23 2 224
.. 11CS 1US nts
.. 34 39", 3J
.. M M M
.. 77S 744 TS
.. 2S 23S 21S
.. ins l"' ius
.. 41S 414 414
.. 114 1S US
.. S24 S24 524
.. IC IDS KS
.. MS 1S 1SS
.. 10B4 I0S4 10S4
..129 121 IS
.. 31S US 31S
.. no's 110 1104
.. 120S 1194 UlCa
.. 2S 2S 2S
..21 30 31
.. ics las lr
.. 24 254 3H
..99 W OS
.. 92S 92S 92S
.. 33S 3J. SS
.. 904 94 4
.. K2 id 4 12
110 Ne York Central
101) N. T. N. H. in...
100 N. V . OnL West.
2.110 Nnrfolk . Western
2.00O Northern I'sciflc
100 Ontario SlUer
an Padfic Mall
l.dno Peona. It. B
100 Pettihnne Mul ...
100 IMUhono 1st pfd
330 rutsburx Coal pfd
100 Pressed Steel Car
3 Pimxeil Steel Car pfd....
'3 Puiman Palace Car
.JO nr Con. Coitier ..
ljnO Republic I. i B
1S 1S 1S
400 Republic I. & 9. pfd 89 HO 80
S.UO lUi. Island 21S 2JS MS
3.9UO Itork Island pfd. tl C II
JO Rumelr 90 90 TO
100 Selrd A. L 204 204 3S
100 Sealrd-A U iM K 47S CS
an st. i- 4. s. f it's m kh
200 SL L. i S. P lit pfd 36S MIS S6V
000 St. boms 4 8. P. 1 pfd... a SS 274
2M Sears Roebuck 207 20 206
20.400 Southern Padfle lOTS 106 1064
100 Southern Railwar 27 27 27
100 Southern Railway pfd 804 K K'i
100 Tenneanee Copper 35S 33S 33S
300 Tesss Co 121V. 1D4 1304
600 Third Arenas B. B 39". 304 3H
100 Under Tnr- 57 97 87
4rt Union Bsx i Psner 7 6S SS
100 Unioo Rax II riper pfd... 3Ti 3Ta XS
24.200 Union PaciRe ... 1834 1004 lr,
100 Union Isaac pfd 30
100 Union Drr Conda rd... 1064 10S4 1034
310 Unkjn RaUwar Inrest pfd. (1 i W,
100 r. S. Ind. Al. pfd
100 U. P. Real 4b Im
,100 IT. 8. Rubber SfA, SS S
300 U. S. Rubber 1st rd 107S JOTS W7S
S2.4CK U S. Steel P.S OS S
3TO V. t. Steel rfd. 110 1S IMS
K0 Utsff Coinrr 7 S4S 34
300 Virsinis Rt. 4b P. 33 3IS
100 Wabash 4 I
mo Wabssb pfd 13 12S
Western Mainland 44 CS
100 Wetem Union TeL 72 Tl
500 Welnshnuje Mr. 73 72S
VjO Wonlworth 1C4 WJ4 1034
Total sales 272.046 shares, against 16278 Satur
day. lK, a week sso, and 282,800 a ;ear affo.
-Cloaius; anorations of
New York Central 44s
Va dfd. 6s-Brown Bros. & Co. ctfs SO
AHLChlmers 5s Trust Co. ctfs 59
Trust Co. ctfs stamped ... 53
Ann Arbor 1st 4s 75
A. T. t S. Trsns Short Lino (a R
Atlantic Coast bine 4 95
Atlantic C. L.-L. i N. 4a 91
Baltimore & Ohio xd 34s. 91
Baltimore & Ohio gold 4s 97S
Bsltimors 4b Ohio crt. 44s when issued 904
Baltimore i. Ohio Pitts. L. E. & W. Va. 4s 80S
Raltlmoro & Ohio Swn. 34s 90S
Brooklyn Uipld Transit 90S
Ches. & Ohio coo. 5s 109S
Ches. & Ohio cnL 4 1024
Ches. & Ohio crt 44s 924
Chircgo, B. k Q. gnb 4s. 95
Chicago. II. k Q. joint 4s 95S
P. R. I. & P. cot 4 63
Colorado Midland is
Cumberland T Ss. M0S
Detroit Edison 5 .- 1014
Distillers' Securities Corjoration 5s 674
Cm. Electric deb. 5s. temp, recta, full paid.... lot1
Lackawanna Steel 5s. 1913. 95S
l-ike Shore 4l. 1928 924
LigTrtt . Myers 7s. IUS
Liggett . Myers 5s 9W
Lonllard Co. 7e 12T
New York Central L. S. 34 78
New York Railways rfg. 4s 7M
New York adj. 3s ST,
Norfolk & Western crt. as 109S
Norfolk A. Western ditision 4s
Or.-W. It. It. 4b N. V .'.
Pennsylvania con. 4. 1948
IVnnhylTsiiia Pis. ISIS
Reading general 4s
St. I I. M. K.-Iiir. & Gulf dir. 4
Sesboinl 'Air Line sdj. 5
So. Car. & Gs. 5s
Snithem Bell Telerlicnc Tclegrspli
Southern PacilVi col. 4s
S.ithem racitic ctt. 4
Soutliem Railway 4s
Southern Kailasy 4s St. Iaiis dir. 87S
Union Pseiac crt.
United Stairs Rubber C .
United States Steel s.f. Si
V,-Csr. Chem. 5s
Vs. A. Swn. 1st Ss.
Western Msrland 4s.
West. Shire 4s
Total rales, S2.073.ftn.
OUTSIDE SECURITY' NOTES.
Xew York, Feb. 3. The trading on the
outside securities market to-day was
again in small volume with Irregular
price changes. Standard Oil of Xew
York was the feature, and advanced
lulte sharply on the news of a 40 per
cent cash distribution. Other specialties
were quiet. The coppers wtre easier,
with Giroux down to ISO. There were
a few Canadian orders In the market
for Cobalts.- especially for Kerr Lake,
but locnl Interest In the group was slight.
NEW YORK COFFEE.
.Fcrnbhrd by N. L. Carpenter 4k Co.
WALL STREET GOSSIP
St. Paul earnings for December show
a gross Increase of Jl.OBiTM; December
net Increase. $319,081; six months' gross
increase. io.tuo.Mi; six months' net In
One of the market features was tne
development, of a buying movement In
Southern Pacific 4s, which sold up 1 1-1
points to 97. The advance revived the.
rumor that the bonds would he called
but conservative bond mcll expressed the
opinion that the movement did not fore-
snaaow anything more than a Joint sruar-
antee by Union Pajclfle, strengthening the
Individual guarantee by Southern Pacific.
A supply of bonds was met on the ad
vance, ana some of the selling appeared
to bo for European account.
Stocks of foreign copper. 'England and
e ranee, and afloat. February 1, 2S.22S
tons, a decreaso of 781 tons in the past
two weeks. Stocks at Rotterdam and
Hamburg Increased 72 tons.
Standard OH of 7Caw Tirwv ,.i,.M,i
a dividend of $40 per share, payable Feb
ruary 15. to stock of record Februarv 7."
In the case of the United States to
Window et al.. InvnlvMnc- vlAlatAn .
the anti-trust law by use of patented
machinery In the manufacture of shoes,
the Supreme Court decided against the
uoiaaevain sold Cap. V. C. Rrown.
the specialist, has a very small book
with practically nothing to sell up to 44.
Failure of the Supreme Court to hand
down a decision In the Minnesota
rate case yesterday removes that
case as a direct market influence for
three weeks, as the court will not meet
until February 24. Europe believes that
the Balkan war will collapse any min
ute, and the prospects cf ncilirirv rM
strength In' the stock market are, there
fore, unusually good. It may be worth
w,uie to watcn tne Held stocks carefully,
particularly Canadian. Rock Island. Le
high Valley, and Republic Iron and Steel.
Southern Pacific and Steel are oversold.
mat the strike of employes at tho
xiraoaocK and Itankln plants of the
American Steel and Wire Company has
fallen flat was the belief here -csterda
when more than half of the strikers are
declared to have returned to work. At
Rankin between 600 and 700 strikers re
turned to work. It was declared, while a
similar proportion entered the Braddock
plant Strike leaders, however, declared
that they would not give up the fight, and
a mass meeting would be held to-day.
when. the plans for carrying on the cam
paign will be formulated.
The men employed at the collieries of
the Delaware. Lackawanna and Western
Railroad hay returned to work.
It Is stated at the Department of
Justice that nothing would be given out
relative to the Union Pacific dissolution
plan. Mr. TVIckersham Is not In town.
Shotwell Activity of Rock Island is sig
nificant. In view of the action of Ameri
can Can last week. The company has
enough business to keep Its rolling stock
busy up to the time of the new harvest
and is expending $3,000,000 for additional
equipment. The common stock has never
been popular becaust It can vote only for
a minority of the board of directors. If
full voting power should ever be given to
the stock it would become a" popular trad
ing issue, in view of Its present good
Moler Ths irlnciaa.1 news overnight Is
the absence, of any agreement as yet on
the Union Pacific plan for dissolving the
Southern Pacific merger. Disappointment
on that score may cause some reselling
of both Southern and Union Pacific this
morning, while the threatened tig strike
among ths workers of the Steel Corpora
tion In the Pittsburg district growing out
of the labor trouble at Rankin and Hrad
dock Is likely to cause further depres
sion !n Steel.
On the other hand, however, the set
tlement of the new subway contracts In
a satisfactory manner to both the Inter-
liorougb and the Brooklyn Rapid Transit
companies Is likely to further strengthen
the position of all the traction stocks.
S. U. Chanin & Co. The failure of the
Supreme Court to render its long-
expected decision In the Minnesota Rail
road freight rate' case yesterday was an
other grett disappointment to tho mar
ket This has been looked for every
Monday morning for the last six weeks.
and as almost every one believes it must
sustain the previous decision of tho lower
court, the delay In handing It down must
be continued now for at lenst another
The uncertainty of this, together with
the delay of those Interested In working
out a plan for the dissolution of the
Union pacific merger and the belief that
the Balkan war with Turkey would be
renewed last night. In connection with,
the bad weather now prevailing here, oil
combins to dissipate the -good feeling
over the market's technical speculative
position, which had Just begun to de
velop toward the close of last week.
It now looks as though an early an
nouncement of a satisfactory settlement
I of the Union Pacific plan for the dissolu
tion of the Southern Pacific merger la
the nearest possible event of the most
Importance on which the market Is now
depending for Its chief support outside of
the snort interest.
NEW YORK COTTON.
Furnished by W. B. Hibhs A Co.
Slarch U30 12.37
Isy 12.11 Ult
July 12.01 12.09
October ILS8 11.14
NEW YORK MONEY.
New York. Feb. 3. Call money opened
at s 1-2 per cent; high. 2 3-4 per cent:
iow. . w per cent; renewals. 2 1-2 pet
cent: close. 2 5-s per cent: ruling rate,
2 1-2 per cent,
Time inonej- market Is a trifle firmer
in tone, ine volume ot trading Is light.
Owing to Saturday's poor statement the
nnhs ar- onenng in smaller volume.
Rates are 3 l2a3 2-4 rier cent far inv
days; 1 per cent for ninety days; 4 per
cent for four months, and -I 1-4 per cent
lur niu aiiu six; monnis.
Commercial paper remains unchanged
at 4 1-Sal per cent for tho hest name
l.or,don .discounts, 4 11-16 per cent off
1-16: Paris discounts. 3 7-8 per cent, un-
cnangea; ucrnn discounts. 4 7-8 per cent
rimished by N. L. Caruentcr Co.
New York.. KeK 3.
.1.182 3JI0 12 1-1
Bmton ' 50
Total 14.911 S
Houston ....... 12611 11611
Angusta M.. 731 1.569
31empius ..M...... 3.037 3J8S
Louis . 2J6I LIIS
LiUIe Beck i.. ITS
WASHINGTON STOCK EXCHANGE.
Sales-Regular call 1$ o'clock noon.
Washington Railwar Electric' cum., 23 at eC.
23 at M.,23 at . 23 at M. 25 at 854. S at 884,
23 at Wi. S at 884, 100 at 87, 25 at 17, 75 st 87.
Wsshlngton Rsllwsy & Electric- ld., 23 at 99.
After tall Lonston. 20 at 88
0. S. reg. 2a 1004 MH
D. B. coupon ls................... 100S IMS
n. S. ret 3s... .................. 102H UJS
U. 8. coupon 3a. 102H 103S
U. S. reg. 4s 113S HIS
U. S. coupon 4a. IBS HIS
Georgetown Gas cert. lad. 5s......... 193
Georgetoan Gas 5s. 103
Wuhington Gsa 5a .'. 110 1K
Capital Traction 5s
Anacostla as Potomac.
.City i. Suburban Ss 1034 1044
uoiumola 3s loo
Craambla (s 101
3Ictrono!rUn 5s 1014 1C&4
Vtsahlngton Ry. k. Elec. 4. It
Wash.. Alex. & MJ; Vernon 5s.
Potomac Electric com. 5s 1014
I'otomsc Electric Ught 5s XltS
Cbeiapeske Potomac Telepbona 5s.... 101
American TeL k TeL 4s. .... US
I), ti Piper Mfg. Ss 9J
Norfolk k Wssldngton Steamboat 3s.... 1014
Rlggs Bralty Ss (loot) 102
Rlggs Realty St (short) loo
v PUBLIC OTILITT STOCKS.
Cspital Traction 121
WaJiingtrm Ry. k Bee. mm 87
Washington Ry. Eire, pfd 90
Norfolk 4 Waihirgton Steamboat 31S
Washington Gsa M4
American Telephone k Telegraph 1314
American Tel. k TtL rights S
TTPE MACHINE STOCKS.
Greens Cananea...... g
NATIONAL BANK STOCKS.
Columbia ; 230
District ... 1134
Farmers k Mechanics. so
National Bank of Washington rO
TRUST COMPANY STOCKS
Ameriesn Security k Trust ; 310
National Strings k Trust 2
Union Trust ;XS
Washington Loan k Truit 28
t'nitrd States Trait IU
SAVINGS BANK STOCKS.
Bank of Commerca snd Satlngs 124
Eiit Washington 134
FIRE INSURANCE STOCKS.
Corcoran ................. $0
Firemen's , 19
National Union . S
Potomac .................................... 30
TITLE INSURANCE STOCKS
Real Estate 99
V. O. Paper Mfg. Co. 131
Gratbophon com H 40
tlraphopbone pfd 73
3Ierrhsnts Transfer k Storage............ 105
Security storage c
Washington Msrkct. ES
Adeienture 54 5
Bortcml 24 3
Calumet k Ariauoa 54
Calumet A llccia Cfi SCO
Copper Range GS is
Esst BuUe. 14S .114
rrsnklm 74 TS
Indiana 114 IS
Lake li sn
Ij Sslle 4S 5
Mavm Valley 8 s
Majilower 13 t?s
Mrrgmtbalir 217 21sS
Michigan 24 2
Mobank , S34 544
North Butte. 3f-S 31
North Lake 2 24
Old Colony (4 4
Old Dominion 13 50
Osceola 96 08
Quinry .' 7 74
Shannon ITS 124
Sonth Lake 7 7S
Swift !0S ' 10S
Tsmsrack 32 334
Trinity 44 5
United Fruit 176 17T
Utah Consolidated sS 11
Victoria 14 2
Wotrrnne 674 60
Ills lloyale y. 21
BALTIMORE STOCK MARKET.
CITY AND STATE SECURITIES.
Virginia lis, Century 1301
BALTIMORE CITY STOCKS llteg.)
Water Ss. 1916. 102
Interns) Imt 34s, 192S 1S
Exrhsngr 3S. 1930 314 .
PeNm Impt. 34s. 13) MS
GAS AND ELECTRIC.
ltslto. Elec. 5s (stamped)
Con. Can. C. M. C M. 5, 1938 ..10T.
Con. Gas G. 1L 44s, 1351 194
C. G. E. L, at T. C. M. 44. 1935.
Cm. 1. K. U k r. cnm., 100 US
Con. G. E. I. A T. 1st. pfd.. 100
U. a L. k P. I. C M. 14 121 93
BANKS AND TRUST COS.
Citizens' National, 10. 41
Colonial Tnist 2SS
IVelity k Deposit, 50 t
lint National. 100. 146
M. k SI. Bk ,. 32
JIunser Trust XH4
Iter. Tr. k Den. Co., 50 ISO
NatL Bank, of Balta. 100 164S
Naa Rank of Commerce. IS 31S
National Marine. 30
National Union. MO 138
Western National. 20
Atlantic C. L. of Conn., ICO. 25S
Weatern Maryland. 50
Alt Aiken R. E. rfd
Virginia R. k V. com 51
A. C. L. of Conn.. 5-2Cs 91
Coal k Cce Rys.. Ss. 92
Coal k Iron Rr 1st Ss, 193) 1014
Gs. k Ha. SS....1 63
Us. Car. k Nor. 1st 3s. 1329 1044
Gs. Cou. k Fla. 1st 5s, 1915. 1G5
Georgia Tac. lit 6s. 1322. 110
4eorgia k Ala. Con. 5n..
Mac. D. 8. 5.
Florid k Southern Is..
Min. St. P. Jt. St.
.... KS KS
Ncr. Cent. 5s (Ser. A.). 1035. lot
Nor. Cent. 5s ISer. IU. 1335.
New Orleans. Mobile, Chle. 5i
IVtenburg Ss id. A). 1926
Petersburg 6s (CL B), r23....
I'stomsc VL 1st Ss. 1341
Bsleigh k Aug. 6. 102E....
Blch. k Dxnt. (Md 6a. 1913.
Sar. Ms, i.Wfjt 5a. 1SJI
Seabnard 4s (stamrrd)
Seaboard 'k Roan. O. 1916
Seshnard k Roan. Ss, 19. . .:
Western N. Car. Con. 6. 1911
Wil. k WeL Gold 5s. 1933.
Anscostia k Potomac 5s
Anscoxtia k rotomac gtd. Ss.
B. 8. I. A C. 1st 44s. 1351 -
Chicago Rys. Ss '
Chicago. Ry. Co., 1st' Ss. 1S2J
Toronto. Feb. 3. Closin quotations of Cobalt
lleater Consolidated 40 -,
Bailer om .jo
Bunalo S.00 IX
Chambers Ferland ;... .3)4 SO
CitT.of Cbhelt .'...J5. Ji
t'obalt Lake ITN .
lonlagas a.og sji
Crown nesem .'. 3.53 3.C
roster .10 .12
(iifford .03 .05
tlreat Northern .0 .10
llarxmm ?...... .07 .(at
Kerr Lake XS 3J0
La Itose 100 -
JleKrnler Dsr Sar L 202
MptHinf S.J5 J.03
Peterson Lake. .HU .24'
Kisht of War ' 07U .05
NEW ORLEANS COTTON.
Fnrnlibcd lr N. L. brprctrr 4. Co
Oneru Hixli. Iwr.
llsrch..... 12.3 1223 1221
Msr tlJI 113J 12.18
Jnlr ... 1126 1235 1213
OcOooer.... ...... 1LS1 1LU 1LU
Furnished by W. C. Uibhs k Co.
PORK- Oreo. High.
JaiJiiry 13.10 1J.S)
LABD- ' "
Jsmjjry 10.11 10.22
Mir .... 10.13 10.
Jamiary 10.13 10.21
Hay 10.15 10.20
MOO 1 B.l
CHICAGO GRAIN MARKET.
Furnished by W. B. Hibbs 4b Co.
WHEAT- Open. II
May. 3S I
July 914 I
Jlsy 324 !
GREEN GOODS AND VEGETABLES -
pies. Western Msrjlard and I'ennsjlnnli. per! get P.("i6,7W.
barret, parked. LTSeZJO: do. New York, per bar-1 The quotations upon the shares of the ,
Pi JS?' -a: atJ; Jj" J1-"J" I company was J4W a share, which ta
lis: beets, natite, ir bushel box. 40at3; beans. -,ndZ thlj. divR-nd. ,r nockerelIe-.
Floridi. per crate. SLOOalJO; broccoli, natbe. bushel "U" .. a,vlan0- '" Rockefeller's
box. lOOalSOi carrots, natlfe. bunch, 2a24: cab-1 art ot this great aggregation Of Cap!
1 v s'. c.. .. . j. r i-L Itfll nfl,. II tio.l hn 1tnl vA" t.v K&
base, w Vork &tate. ton, ; do. Dsnib, r
ton. s.ooao.00; ao, new Morsu, ir crate, ZZa
230; caulinower. Long Island, per barrel, 2.60s
2.15; cranberries, per barrel, 0.Wa9.OO; do. xr box,
ZCOsiM: celery. Nsw York Bute, jt irate. ZjOa
30: csjcumbera, Florbla, per bushel bssket. 4J0a
5.00; eggnlanta, Florida, per rnte, 200a2.SO; g.aiw
fruit. Florida, per box. 1.50a2,S0; horseradish, near
by, per box. 13a20; do. Norfolk, pee barrel. 40s50;
lettuce, Florids. per bushel box. 30a33; do. Norfolk,
prr basket. ISsLOO; do, onions. New lock and
Western, bushel, 40x50; do. Western. lOO-pmnx
sick. S0s90; .rors. Florida, crate. Ij0a2.00;
oranges. Florida, per box. as to size. L30a2.M:
peaa. Southern, per basket, 503.50; ptnespples.
Florida and Harana. per crate. 2L5aZ30; sanscn.
natire. bushel box. 30at0; Norfola. TSaLOO; straw
berries. Florida, psr qusrt. 15s2S; turnips, natire,
per bushel. 20s23; banatoes, Florida, per carrier.
POTATOES-Whlte. nesrbr. prime, per tnitel.
CO; do. Eastern Shore of Maryland, per bushel. No.
5jaS0; do. Western 31sryland and fennsylranls.
per bushel. No. I. 00x05; do. seconds, per busheL
40s50; do. New York, per bushel, prime. 60a83; do.
3Ialne. per bushel. Iwime. C3a73; sweets. North
- L Carolina, per barrel. 230a2.75; do. Eastern Shore,
Tw. Ii i.l ?S. An rhrAm Trinw. re fia.lrel.
90sl.OO: do. Delaware and Jersey, per barreL 5Ca
300; yams. North Carolina, barrel. L5Oa2.0O; do.
Virginia, per barreL LKaitO.
LIVE POULTRY Chickens and nets, heaiy. per
fb 17; da. old bens, small to medium, per lb..
: do., old roosters, per lb.. 10: chickens, young.
lb. 13al3; ducks, white. peUns. lb.. IS: dA.. mus
eory, ntr lb,. sfsJ7; da. lsxddle, lb., 16x17; geese,
near-by. In.. 14sl5: d. Western and Southern. lb.
Ilal2; do.. Kent Island, lb. Mai; turkeys, choice.
bens, lb., 23s24; do., young gobblers, ir lb.. 2U22:
old ton.1. lb. 18x19; do, rough and poor. lb.. 10al2;
pigeons, young, ier iwtr. 2; da. od. per psir z;
guinea fowl. old. eweb. 25; da. young, 14 lbs. and
over. 50; do., smaller. 30.
DRESSED POULTRY-Torkeis. chritr ir tb.
24s25; do., fair to gorel. IK. Sa22; do., old torn, lb .
20: chickens, young, lb . Usl9; da. mixed. 171? rlo .
oM bens. Ial7: do., ohl ronstcrs. lb., Mall, ducks.
lb.. 17a2D; geese, near-by. lbn 16a 17; do.. Western
snd Southern. IK. Ilsl3: esions. 7 Its. aad orer. lb
27a2t: da. medirm. IK. 21a22; do., small and slira,
BtrrTER-Cresmery, fancy, lb.. 2is3C4: da.
choice, IK. 23a3l; do., gnud. Ih. 21a22: do., print.
IK. 33a37; da. Uxkl. IK. 3U2S: ladles, lb.. 22x24.
3Iarj!and and ItnnsTliania tolls, IK. 2022; Ohio
rolls, IK. !3a3; Vcst Virginia rolls. IK. 1?3
stonvpsrkrd. lb. 13a: Minlan.1. Virginia and
I'ennsrlfsma dairy prints, IK, 1921; process butter,
EGGS Marjlavl, rrt.nlnnU and nesr-by flm.
Vms off. doa.. S; Wistern snts. loss off. dox.. 23,
West Virginia firsts. Km 'off, doz.. 22x23; Southern
firsts, lors off, dox,. 2122.
HEW YORK PRODUCE.
Xew York. Feb. 3. MILLKEKD Weak
er: trade is slow. Spring bran. 23.U):
standard middlings. 23.00; Western red
dog, 23.75: winter wheat. In 10-pound
sacks, to arrive, 23.10; city bran. In bulk,
KYE Slow; offerings light. Western,
to arrive, is valued at about 72 1-2. c. I. f.,
track, nnd State at 7S.
BYE FLOl'R Inquiry Is oulet: prices
are steady; goo to choice quoted at 2.D1
al.Oi). In barrels.
BUCKWHEAT FLOUR Steady: de
mand Is lifeless. Choice nominal" at 2.25
a2.3 for ICO pounds.
CORNJiEAb-steady: Dusiness is in
active. Klln-drled. new. for export. 3.19
a3.15: coarse meal, in bags. L20 for old.
and 1.12al.l for new.
HAY Receipts. SS tons: steady; deal
ings lifeless. Quotations are: No. 1 tim
othy. 1.05: standard. 1.00; No. 2. S2 l-2a35;
7o. 3. Tiasc.
STRAW Re--eirts. 10 tons: dull; sup
Ply small. Long rye quoted at 1.00. Oats
PORK Steady: transactions are light.
Mess. l.onal9..V): family. 22.ni22.:A
BEEF Steailv: supplies are "mail ami
trade dull. Packet. 22.fCa23.00: family.
UARD Steady: Inactive dealings. Prime
Western. 10 M. refined Continent. 10.S1:
South American. 11.35: retir.cd Brazilian.'
In kegs. 12..V.; lieef stearine. 5 3-4; lara
steanne. dull: Xew York, 12 1-i
Dines William It. Ilrnr.t.
Boston. Alass.. Feb. 2. Mayor John
Fitzgeralc tendered an informal lunch
eon pi William Randolph Hearst at
Young's Hotel to-d-iy. The guests in
cluded Gov. Foss and his secretari'. Jolin
r. Sherman; District Attorney Joseph C
Pelletler. Representative M. P. Phelan.
Thomas Tbacher. Jam's M. Curley. and
Frederick Frederick: Judge Thomas P.
Riley, chairman of th Democratic State
Committee; Charles SI. Shamlin. ex-Rep-resentMtlve
Joseph MI'chel! of Marlboro.
Secretary of Mate Frank J. Donohue.
Frederick" J. MacLeod, chairman of th
railroad commission; Port Directors
Joseph A. Conroy and W. F. Fitzgerald,
and other Democratic" leaders
Ho libera Trucked to I.alr.
Dennlson. Ohio. Feljt Two robbers.
heavily armed, who early to-day blew
open the safe In the restaurant of Will
iam Snyder and got away with SIX, are
reported to be 'cornered In a small patch
of woods near here, and the police ex
pect a battle to dislodge them. Their
hiding place was disclosed by tracks in
the snow. Two other robbers who were
In the parts arc believed to have made i
Irn. Decker Shielded from Truth.
Xew York. Feb. X Because of her own
critical condition, physicians to-day kept
from Mrs. Charles Becker, wife ot ths
former police lieutenant, the nes that
the baby girl born to her Saturday died
yesterday. Becker, who Is facing tae
electric chair In b'lng Sing prison for
directing the murder of Herman Rosen
thal, brs much grieved over the death
of his child, whom he never saw.
ABE MARTIN SAYS:
It didn't take long fer th' feller
that says "passels" post t' show up.
. Gittin' on an' off th' water
wagon is th' only exercise some
fellers ever git. :
To Cnn? C"Btipaiton.
Don't loiu the sjcteni wail a lot o." dan
gerous hablt-rornitn? drugs. Physicians
everywhere are now prescribing ilofTs
Lemon Eeldlltz, the good-tasting sldllt2
pawder. All druggists sell It.
J0HN D. WILL GET
,, Standard OU to Pay $40 Per Skirt,
" and Mr. Rockefeller Oms
r Z44.419 Shares.
New Tort, Feb. X Advices from Tar-
rytovrn report that John 1. Rockefeller
j was obliged to forego his customary dally
game of golf because or rain, which
turned the snowfall of this morning Into
!4 ' deep aiusn. rtowever. air. ltocxereller
tl wn nartlv consoled tftr thin HtssnnAlnt.
jment by the news that the Standard ,1
uii aireciors naa aecreea a u cash
dividend on the 1,009,000-odd shares of the
This distribution, which was ordered
to-day. Is to be paid February 15. John
I), owns 244,419 shares of the company's
stock, about one-quarter of the entire
An - I stock Issue, and In exact figures he will
tal after It had been "dissolved" by the
I nlled States Supreme Court Is nai.ono.
COO In round numbers.
In addition. Mr. Rockefeller has a, pro
rata Interest on the same basis In tn
various Standard OU subsidiary corpora
tions which were set apart from the
parent corporation under the direction
of the highest court.
EASTERN HIGH SCHOOL
GRADUATES SIX PUPILS
Diplomas Awarded for Mid-year Tens.
William Knowles Cooper Hakes
Six diplomas were awarded last night
tf- the mid-year graduates of Eastern
High School. Those receiving sheepskins
were Misses Vesta Lorena editor. Meta
Rosa Jaeger, Margaret Laufer. tnd Al
lle Mackley Payne, and William Albur
ns Brockwell. and Marvil Groves Arm
strong. The speaker of sne evening was William
Knowles Cooper, of the Y. M. C A., who
talked on health, character. Industry,
and growth as essentials to life. The
diplomas were given out by Henry P.
Fllalr. vice president of the Board of
Education, and Prof. William J. Wallis.
of the department of mathematics of the
Eastern High School, presided In the
Place of Dr. Willard S. Small, principal.
who was III.
Dr. William M. Davidson, superintend
ent of schools, and Mrs. Susie Root
Rhodes, a member of the Board of Ed
ucation, were present. The Invocation
was pronounced by Rev. Paul Illckok
pastor of ths Metropolitan Presbyterian
FIXES BLAME TOR PANIC.
Coroner Holds BalldlnK and Fire
Xew York. Feb. 3. Coroner Feinbtrg
to-day declared that the city building and
;ire departments were ipdlrectly responsi
ble f.r the death of the two persons and
the injury of more than ICO In a pani
following a try of "Fire"' In the
Houston Hippodrome on the East Side
Ftlnberg, who began an investigation
to-day, gave it as his opinion that the
fatalities occurred because the city offi
cials permitted the moving picture" thea
ter to operate despite the fact that th
exit stairs were elevated.
Klre Commissioner Johnson took excep
tion to Felnberg's statement and said
that the audience only was to blame. He
said that the deaths and Injuries were
due solely to panic.
"The building had the required number
f exits, and no structural defect," said
There were about 1.000 persons In the
theater when a cxy of "Fire!!" followed
the explosion of a film. Almost as a
unit men. worr.tar, and children rushed
toward the exits. As they approached
the doors many of the weaker ones
rear Wholesale lTobberles.
Chicago. Feb. 3. Following the robbery
of Fred G. Xlxon. a messenger of the
Adams Express Company, guards at the
substations of the comDanv were ordered
j doubled to-day. A key. said to have
J been a master key to the strong boxes
at the substations, was taken from Xlx
on. The company denies It was a mas
ter key. The police believe that the rob
bery of Xlxon and of the Stock Yards
Express were committed by the samu
BAND CONCERT TO-DAY.
By tli rutecsth T. S. CiiaUrj Baud and
trchMtra, Arthur S. Witcomb. director, at
Kort iljvr at 9 p. m.
March, "The Cniaader" Sous
Onrtmr. "jLudoric". HtroU
IdjI, "Canoeing" Prror
Wailtz. "Queen of My Preamj Stout
(Fran Tlie Sinn Princess.")
Marvh, Th Kins'i Herald" Fulton
StlVction, "Chocolate Soldwr" Stztom
Caprice. "Garden of Lore" Aacter
Finale. "Grand War Uarcfi and Bat
tle Ufmn" (from "Rieoii") Warner
Crane, Parris 8c Co.
604 14th St. N. W.
Washington, D. C-
kee and St. Paul
The Safest Investments
Are tbaw that do not ffaxtnat. daring dls.
tnrbed conditions of the tooner or stock mas
kits, lint deeJ of trust notes (Ent meet
tscesl, ell secnml on ml estate In th. Dis
trict of Columbia, eoostitntr "(Ut-edeV ln
isstiaents. IXir "tin rot derend nron tat
ncandsl respim-.ibilit5 of Indlridnals or cor
porstlons for Ibcir stabUltr. snd sr. exempt
ucxn taxation ss personal propertr. Wa can
snrrlr snch investment In amount from SSM
npvard. Kend for booklet. Coocernlns Loan
sna lmoumrnti.' s
Sva tzell. Rheem O
227 12tb Street Xorthneat.
i&feti$iliilJmj!u.. .tf-t3jA1dg-.S-i:-. at fej. ssj.ai2ea'ssvs3&-. Jm2&Ri.ta'
Sy&. "a i