Newspaper Page Text
THE WASHINGTON HERALD' THURSDAY, JANUARY 30, 1913,
Washington Gas Ownership
'of 3,530 Shares George
town Stock Questioned.
WANT STATUS DEFINED
Exhaustive Statement of Fact Wall
Street and Local Stock
ii - i. a. kli:mi.;.
"Whether the Washington Gas Company
has legal title to the S.K0 shares of the
Georgetown Gas Companv, and by rea
son of its possession, the right of owner
ship ami control of the latter corpora
tion, will be decided a vear hence, per
haps, when the supreme Court hands
down its unalterable decision.
It may be that the Hume case may
beat that Hied by the Georgetown Gas
lompanj jesterday to a final adjudi
cation, but the two arc more of less
Mr ilumc seeks the distribution of the
"tock to the shareholders of the Wash
ington Gas Companv , the "legal" minor
tv and the controlling faction in the
Georgetown Gas Company asks that the
certilicate for 3,530 shares be declared
null and void and the ownership legally
declared b the court.
The bill iiled Wednesdaj by William
G Johnson for the plaintiff is volumi
nous, and jtt It is apparently u straight
forward history ot the case from the
organization of the two companies down
ihrough the period of "secret" purchas
ing of Georgetown stock bj the Wash
ngton Compinv. the stock being in the
lame of John R McLean, for whkh
the latter never paid a cent, the Wash-
ntrton Gas Company being the buyer
In 1SS5 tin pliintlff was informed of this
ctret buving, the last block of K4 shares
having been acquired in March, lStj.
Plaintiff claims that the act of Con
uress creating the Georgitown Gas Com
an provided that the president and six
larectors of the compan should live
orgetown, and that while in complete
ontrul of the coi-poration tlie Washing
ton Gas rmpin ignored this provision,
ml that W lUley Deeble. to whom Mr.
Mcl-eau gae one sh.ire, and who did not
lie in tieorgetown, was maintained as
president through a series of jears
The plaintiff do hired that lie nter
fwned Washington Gas shares, or had
knowledge or means of knowing the ac
tual facts as to the relation to and con
trol by the Washington eompanv of the
Mid 53) fhares of Georgetown stock,
or anv facts which would put it up to
1 iulr as to the relation to and control
i" the Washington Gas Compan) until
October -'. 1"U7
I p to this tim the control had been
ed through "secret holdings bj in-
rannferreet October , 11)07.
or about October 2, 1307, the 3,530
i were transferred from' John It.
in to the Washington Gas Corn-
held by the Washington Co." Would
their purchase made the new owner the
real and legal owner? '
In like manner the Washington Gas
Company cannot legally tell gas west
of Rock Creek and yet It has and the
Georgetown Company has bought and
paid for it. The Rosslyn Company, a
Virginia Company, has also sold gas in
Georgetown, that mvsterlous section of
Washington without boundaries.
It would seem . that the Washington
Gas officials made a mistake when they
did not take the J160 a share. It would
have materially enriched the Washington
Gas Company's treasury and the SJW.
H") would have been a rich dividend for
Nearly a ear's dividend
No matter who would have bought It,
iho offer was made.
But could Uie Gas Company have sold
what they did not possess, "legally?"'
Would it have been a sale?
Ilettrr lle "settled.
The Washington Gas directors have
discussed and cussed the entire matter
time and again, have almost been on the
point of busing rrllnorlty holdings and
hae Just missed action.
The par value ot the 3,W0 shares of
Georgetown stock is only SSS.K0, and If
the court shall decide on the claim that
it is Illegally held there will probably
be much more than this' reimbursement,
as the stock has sold as high as J 143
a share, probably on the tneory mat
nw was to be paid tor it. Actual value
as a dividend earner has not been con
sidered for many a day. There has not
been a bid on change for weeks.
The matter has been hanging lire, la
these many dajs. The answer of the
Gas Companv will be nied in due time
and then the adjudication of the matter
either waj is better than no way.
Americnn T. A T. Investigation.
The Interstate Commerce Commission
gae formal notice jesterday that It
would proceed i to Investigate the Amer
ican 'telegraph and Telephone Company.
In accordance with recent suggestions ot
the Attomev General Date and place
of investigation has not been determined.
It Is a strong combination, investiga
tions win be directed toward inequality
m charges lor similar service.
t thereafter and until June, l'Jll.
lid Washington (las Companj voted
tock, and through said majority of
dominated the Georgetown Gas
an, elected officers, e , is assert
ind one share of stock was trans
d to George Howard, who became
is was In violation of the act, "as
Mr Howard was well known not to be a
resident of Georgetown '
Getting down to more leccnt events
the bill cites the fact that revolt arose
against the Washington Gas Cump iny
rule, and the latter was induced in Maj,
Mil, to vote Its stock for minority can
didates approved by them (a majority
ot five out of seven directors having pre
v ouslj pledged themselves not to sub
mit to Washington Gal domination, but
t . act independents ). and Mr Howard
was eliminated for Robert Weaver Then
began the light for the Washington Gas
holdings of Georgetown stock.
Open rupture came in June. 1312, when
tte Washington company retused the
right to vote its stock later, when the
SI 23 share dividend was declared the
Georgetown companv refused to pay the
Distribution on the Washington holdings.
It is further set forth that while each
suareholders of the Georgetown company
Is Iiabl for his or her share of debt the
V ashington company "was, and is, utter
iv incapakle, in law, ot assuming or be
ing made liable tor any of the debt or
debts of the Georgetown company, and
has cast upon the holders of the 2,170
-hares all responsibilities, that the
iicorgetown company has no right to is
le shares of its capital, freed from debt
llaintiff shows further that, though this
mcompatahilitv- existed. . over I170.o in
dividends was paid on the "secretij held
Tried (n Ohtnin IllKlii".
n important part of the Information
Hied recalls the effortn made by John R.
McLean then president or the Washing
ton Gas Compsnv, to have a bill passed
in Congress authorizing the Washington i V
Company to "contract for. purchase, own, Mpper
ind hold the whole or any part of the
tock of the Georgetown Company."
The second attempt to have a similar
measure passed and its defeat is also
Attention is called to the fact that the
Georgetow n stock, "Ulegallj ow ned bv- the
Washington Company." has been put up
with the American Security and Trust
Companj, as trustee of a bond Issue, and
the claim is made that this transfer to
the trust companj is not sufficient to pass
the title of the 3,530 shares of stock to the
The Washington Gas Company and the
merican Security arjo. Trust Company
are made defendants it Is asked that the
court decree that the Washington Com
panj has no right to the "UB0 shares of
Georgetown stock. Is net entitled to divi
dend, that the certificates be returned
and ordered canceled, and that plaintiff
shall be instructed as to what It shall do
with the dividend and held In escrow and
with the 3,530 shares of stock.
Also for further relief, &.c.
WALL STREET GOSSIP
NEW YORK STOCK MARKET.
Tho regular meeting of the directors
of the ClAo Copper Company will be
held on February 23. at which time ac-J
uun. on an initial uiviaenu prooauiy win
be taken. According to a prominent
director of tho companj the rate to be
declared has us jet not been determined,
II. &. Co. Although one-third of Wed
nesday's business was in Canada stocks
the entire market held. firm. This leader
ship -was viewed with satisfaction be
cause it seemed to indicate that the first
National Rank interests were friendly
to the market furthermore the advance
In Canada was based on substantial
earnings. The short interest In all de
partments of the market Is beginning to
get worried and Is liable to make an
excited attempt to cover at uny moment.
Therefore, a continuation ot the advance
must be expected.
Directors of American Sugar Refining
Company authorize sale ot oo,uuu ot its
61.2S2 shares of National bugar Kenning
stock to American stockholders at rate
of one share of National tor eighteen -of
American. Gov. Sulzer has granted re
quest of Stock Kxchango governors tor
hearings on proposed legislation to re
Net earnings ot Canadian Pacinc in
December, Increase J50.9S3. Tobacco prod
ucts corporation has purchased entire
Interest In three large cigarette manu
facturing companies and half Interest in
another. Government expected to rest
Its case In Steel suit to-daj", adjournment
will be taken for about six weeks, when
Steel Corporation will present its de
fense. Illinois Central has declared the regu
lar semi-annual dividend of 34 per cent.
Sharon, Pa. It is officially announced
that the United Mates bte-el Corporation
will appropriate S1,up0.Ha) for improvements
to its works at Sharon, Furrell. and New
Castle next summer.
Chicago Island blcel Company has de
clared the regular quarterly dividend of
lt per cent and an an extra dividend of 3
s a rule stocks were lower, although
some partial recoveries rroui the low
were established American Can, by
reason ot manipulation, assisted by
stories of fine earnings, was the leade.
in actlvitv and strength, the common
slock taking precedence, wnile tne pre
ferred shares did not hold their gain
London told the story of rupture in
list Harvester, on the theory that it i Kl" ,ha, aS"n P-ed the regular quar-
Spcjer &. Co has engaged S.'0u.Oe gold
for shipment to .South America, making
its shipment on the present movement
Tho Arkw right Cotton Mills at l'all
will escape the dissolution order bj rea
son of its self-busting, rose nearlj" (
points. Illinois Central, on good tarn
irgs and regular dividend declaration,
advanced a point. 1'etrolcum stocks were
much lirmer. Texas Oil leading, with 2
The best support In the rails was given
to Southern Pacific, which was bought
frcelj, on the theorj that the prospects
of the eompanj, freed from the rcstrie
ticns of the Union Pacific management,
would do much better It was 21-S
Half points were the average losses.
Canadian Pacltic was under pressure
Uonds were favored jesterdaj-, good in-vestment-bujing
resulting in sales of Po
tomac Consolidated 5s at 1013-8. Gas 5s,
at 110 3-S. Traction 5s at 1103-1. and Rail
way Is- at Sll-S.
Rallwaj common sold sparingly at 85.
A sale of American Security and Trust
stock was reported at 315.
Baltimore bankers wld take $1.W0,M0 of
the issue of J2,311.ai of Gas Company 4Vj
per cent bonds which nave been sold by
the companj, the proceeds of which are
to be utilized In retiring the outstanding
short-term notes of the Gas Companj-.
ihlch mature on July 1 Messrs. Lee, Hig
inson & Co . the Boston bankers, pur
chased the securities, and a representative
of this firm went to Baltimore Tuesday
to organize a sjndicate of local bankers
for the sale of the bonns.
Thej will be offered to the public arourd
The directors of the Crown Cork and
Seal Companj, of Baltimore, reeently de
clared one of its regular dividends paid
stockholders everj jear. the distribu
tion made being SO per cent, an uddltlcn
to the regular quarterly dividend of 5 per
cent paid bj the corporation Checks for
the dividend were received by stockhold
ers a few dajs ago
The Crown Cork ana Seal Companv is
one of the most prosperous companies in
Baltimore, and everj jear it permits its
stareholders to participate largely In the
big earning of the companj through the
declaration of good-sized dividends. In
past j ears the companj has distributed
as high as 109 per cent annually among
The annual meeting of stockholders1 of
the company was held last week, at which
directors and officers were elected for
the ensuing Jear
HironiotlTe . .
nacondrt . .,
UrTklsn II. T.
L. A :
Both the Hume and the Georgetown
Gas cases are in court to stay.
It will be a battle to tho finish and It
might Just as well be settled as to hang
ing fire week after week and month
If the Washington Gas Companj- holds
the 3,530 shares illegally- as claimed.
would it make the holding any more
legal If it should have purchased the
minority holdings at iG0 a share? Do
two wrongs make a right?
That an egort was made to make a
sale of minority holdings to the Washing
ton Gas Company at J1W a share is
known to have been a fact. Why this
enormous price for stock In a company
that has not earned Its dividend In the
last six months.
But it must be admitted that a counter
offer was made of 5160 a share for the
boldiags. of Georgetown Gas "Illegally,
licet Swear.... U
tit. VVrtern... V4
Frleo 2dn 1
Rock Is. pfd... 4
Utah Copper. .
Weal. Vld V4
VAchi. Tuition .
Vt IChlno Copper.
Vz Can pfd
V. L. & M. Tob..
! Irner. Tob S4
teriy dividend en thes lock. The last it
paid was 1 icr cent for the second quarter
Chllds There is no news en the floor.
It appears that market advanced on good
Steel earnings anil technical oversold con-
ditipn and, as usual on the rail), met
liquidation from what W believed
good sources. Bears i-oid stocks again
Wednesdaj morning and seem to feel con
tideut that their po-lllou is thn right out-
Advance in Can has not helped market.
kestenUy Hrown ana Tester & LoutU'
berrj did most ot the buj ing, today busi
ness is more distributed
Illinois Central December total revenue
Increase, $661,711, net revenue Increa
The continued rise in American Can Is
credited to the earnings for 1912 to be an
nounced at the annual meeting next Tues
day. These net earnings were approxi
mately 7,500.tXO. equal to 17'i per cent on
the preferred stock or 1W: per cent on the
common after the required 7 per cent on
the preferred was pafu. The salts of Jan
uary arc estimated at over 10 rer cent
larger than were those for December.
London copper market steady, up 2s 6d.
Rock Island lines gross for the six
months ended December 31 show an in
crease of approximately JI.0-xi.CM com
pared with last jear.
There Is a widespread point to buy
Southern Pacific. It Is said the Union
1-acific, while low on Its merit, has not
the potential Investment power behind
that now possessed by bouthem I'acuic
The dissolution of the two sj stems
responsible for this.
The bujlng of Harvester is attributed
wholly to the completion of arrange-
nwnts for readjustment of capitalization
and organization In accordance with tho
effort tc meet the demand made by the
government In Its suit brought under the
Sherman law. International Harvester de
clared regular quarterly dividend of 13-1
per cent on preferred, pa j able March 1
Ex-Judge R. S. Lovett. when asked
vepterdiy morning with regard to the re
port that an agreement had been practl
cally arrived at for the dissolution of the
Harrlman merger, said: "The most I can
say Is that we have not disagreed. We
have not come to a final agreement In
the matter, however. Other than this
have nothing to saj on the subject.'
Evans Impression gaining ground
there will be no melon cutting or special
distribution for Union Pacific The
greater part of the Southern Pacific
stock In Union Pacific treasury will
probably be exchanged for Central Pad-
and balance will verj' probably be
it i ensposeu ot to some sj naicute. conse-
4, ' quently no Southern Pacific stock Is apt
i to come on market and It Is for this
i reason Southern Pacific will be strong aa
shorts are covering.
New lurk, Jin.
lllji. Loir. Cloav
103 .vdinu Kihtji IX ISO ISO
ILOSO anil. Copper. 13"
30 Am At Chn S3',
sia Am Bert Hunt: J
SO Am. B. H. . F. pfd U
f.K Am Cm Wi
IS,tW Am. Cm i-fd la)
ra Am. ITntlon OII. Ot
IO Am. Hkle 4b Lnthrr. l'
1,100 Am. Ire femritirs. S
Sfi Am. Lin Jfd ,x l
l,n Am. Lommotlre
IO vm. IcDmottie I'd 103.
ICO Am. Milt 12
10J Am Milt ld CM.
1.9X Am. MacUiri: 7.1
W Am. Trt. . Til in.
SB Am. Tobacco .. WVi 3T
loj Am. Tolnrco pfd new 101 !C
a Am. Moot 18 13
1M Am. VVor.ttu ifd We,
2 Am. VV 1-,,,-r pM u i
Wl Anicotida 3P.4 37
M0 Auets Rut. Co. 1ISW 1IS4
tOCO AtrUaon lCW, KG',
40J AtchUm pfd ira. IftT,
i TOO AlUntic Cunt Lhie W-ii 1X14
to Ualdwin Loaanotlir W
3 IUltlmore J. Ohio ltci Nil
30 nrthlfhrm StrtI 3SH Stt.
X0 n P. Ccidrich su e
Jnr, Goodrich pfd 1CC 103
2.5W Brooklyn Itupid Tnmit.... Ms, SOS
S 103 Til. I-rtrolrum 6tA. E?
103 Cm Nnrthers 6? tSi
11 1M Cinidiin P.culc llv. S.
'1.100 tT-hriirtaJte . Ohio. TJ4 77-,
30 CbJc Unit West IT 1S
00 Chic, lircit VVeit. rt rs S
1.0 CThic.. M. i. 8U ! lliti
1.30 C . C, C . SL L 53
2.M0 Chtoo Con. Ccpper. "t
30 Col. Foci & Iron. SS
100 Onl Fuel Iron pfd. 151
100 Consul l!u iri
CM Com Product! II.
10 Torn Product! pfd 7t
30 Ubtillrn' StCTntifo........ .
IJCO Erl Ji,
300 Erio bt rfd '
an (.rami Klirtno Co IC"
100 Crortr VV. Ileune. ns
a J8"i is',
Wi MS tb'i
lev. la4 ia
I Deth. Meel.
Wool rd... S.
CI. -West. pfd.. y.
Can rom ST,
III. Central .. 1
NEW YORK MONEY.
vctr lorlt, Jin. 29. Jloner on all on the stock
rxchinrs todiy opened it 3 per cent; hifhest, 3,
loircst, ?.; closirc. 2 per cent Most of the dij'i
loins were it T4
Except for a better effenne for short-Unn funds,
there is no cbacce in the time money nurket.
Sirtr dif! quoted it 3Vi, four months at 4 to 1'4
per cent, and Are iDd six months at 4sP
Tho commercial l-iprr market is qniet. The banks
are not free bojers at the moment. The best name
stand at 4H for six months lapcr. 8ame short time
paper, such as four moctbs, has been placed at 4U
London discounts, i per cent: tm lis. Paris
discounts, 3T per cent; nnchaosea. Berlin discounts
V per cent; np i
T I S R Phanln X Cn Th fTif-eh nni-
plications over the Turkish situation put
a restraint upon the movement started
2V jesterday to broaden the market and
j advance prices for the general list.
., j j. itc uiapoiuion, nowever, is to regard
- I the RneeiilntfvA nnltlon n mrrA fivn..-
able, as we had so much bad news lately
the market Is really In a better condi
tion than for sometimes to respond to
any favorable news developments, either
as regards the attitude of the powers
Intervening In Turkej or the sudden an
nouncement of an agreement upon satis
factory plans for dissolving the Union
Therefore, we find more inclination to
favor purchases of any of the better
class of railroad and Industrial stocks on
further soft spots from the present level
for moderate turns than to suggest ad
herence at the moment to the bear side
of the market.
Pumlthed bj N. L. Carpenter & Co. .
New Tori. Jan.
New Orleans..... 3.666
GalTrston ..... J Jij
barannah. ......... L7iS
Boston... ........ .. ..
V arious.. ......... ljei
13 15-16 13 IS-IS
12 7-16 n 7 16
. SJ88 57.057 ....
Hcuston.. ........... ,63 12.7U 12H
AllCT'ta..... .... lJOi 13X BH
f(-mpbls.......... 3.121 3.133 12K
SWLoai..... 3.H2 3.4C I'M.
LUUc Hock...... IS tc BJ-U
NEW YORK COFFEE.
Furnished bj- N. L. Carpenter Co.
t'lnarr 13.12 1X11
1-rbrnirr vtu n-n
alarch. J3JX 13LS
IU 1X41 1X46
iiK ixa j,w,
ilea i.wl- .'
UCO Ore-at Noclhern rd. 128V. 13
100 Great NoruVm Ore sub ... 41)
500 GuCTrcheim Exrloratioo... TO
20J llhnois Central IS
403 lrn. Cotper 17
3 too lnte-4iCTO-JleeroJolitan .. . 13
2 4T3 Interrnro-Jletro. li . ... IS
6.100 Intcrnatienal Uinciter SIS'
ID Interutkaal Hartejter rfd 116
LUo IntemaUooal Taier 12
100 International Ilrrr rfd.. . 4?
100 Intemationil Pump. IS1
loo International rumn rfd.... 67
I0O Kama! City & rVmithern.,
Sn Lackawanna bled .. 46i
lcro Ixhlxh Valley lev.
Ue.Ttt L M)ers -S4
W) LiareU X Jljrra rfd. 116S
3)0 Lrosc-WiM . ... SSH
HO Louisrino k NaJulIlc. ... 119
100 Jtiy nerartrernt Store ...
ICO Jlrrrantilr Marine rfd ...
1.&50 Jleilcan Petroleum . .. .
100 Miami on. ConT.. . .
131 M. X ft L. rfd
Jf VI., SL V X S. M ...
15fD Miuoart racirk-.
IW aUooil E. X b
100 National Lrid
70 Xerada (Ton.-nlKlltl Op.
1.7OT New lork Central .. . .
ere) N T N. II x H
W.N T.O l . ...
300 Ncwfolk X Western .. ..
U Northera Plrific
10) 1-aS.t BlT.inl pfl
-e I'ennxrrrania Uallnad ..
IO I'corl! e,. X
Ji PhiiadelriU eo.
.TOT Pituhiir; Coil ,
ino Pittnr Owl rM . .
KO ITejwM SIM Cr
I o llay etvlidated IVrrrr .
New York. Jan. 20 Clostns qnotit-ons of mlacel.
Japanese second series 4bs &"
Amcrtcan IICI-j X Luther Cs. , Knfc
American T. T coi. 1 i..... 0"
Amclean T. X T. crt, 4, when Inrred.-.-.. KC4
Atcbbon. Toicka X Santa t'e cm. Is. M
Atlantic Coast Line 4 9
Atlantic Cent Una L. X N. 4s 91
niltimore & Ohio p. L, J'r.lTg - W j
ualllmore X Ohio est. tfes. wneu ltica H. -n-s
lUlltaore X Ohio P.. E. k W Va. Is. 89
Baltimore X Ohio" 3. W. Ts.... SO".
Brooklyn Itapid Tranrit is -.... 'ti
Brooklm Rapid Trinit 4 50
Central of (.eorzia coo. 5s 1074
Central 1'adlie lit ti - t
Chesapeake X Ohio cou. s , 1C0H
Clicaaprake X Ohio jm. I'i . 100S
dilcico. Ilurliorton X (Julncy rrn. S6
eThlcaco. lluriinston X Qiuney III. 34s S3
Clil.-ijo. Brulin-tton X ejulncy )int 4 i
CTIatJH Stnwankee X bt. Paul tfen. 4. series A. 93
f-hicaro. VlUwankrit KL. Paul XTtt 4a. rec.... 97
Ctirljo. Mllwaukeo X ht, raul 4Ss 104S
LiuVaio, Milwinkee X Ht. I'anl 4H, when iuaed 1MV.
Chlrieo, Bock blind ft 1'irJOc rfC- 4l a7!a
Delaware X lludsod ifc. 4a. 9SS
Kort VVayna tc I. O. 6s - 107V
G. B. X W. deb... . KVk
International Vntet lit 6s 104
Lake Shore 4a, 1X3 tGH
Uwillanl Company 7i .' K14
LoeiiiTlIle X .Nltlnlllo unified 4a. 99-
cir Ytw (Antral U H. . 7H
.N. Y., N II X II ctt. ti lSVi
N. Y.. N. II A II. crt. f. rrtpstrred. 121
New York Kiilaay adj. Ss V
Norfolk X Werteni roeu 4j SBS
Norfolk X WeXern riir. Is 9-U
Norfolk X Western Pnrahontas C. X C. 4k...... 91S
Pacific Telephone X Tticrrarh Sa I00s
rcnnayliania cut. 4i. 1043. ICZVi
PrnnsyleanU 34h. U15. 97S
Iteadins rrn. 4a. 9T4
Ht. Louie, Iron Mountain X riouthem rfC. 4a.... fd.
ht. Loum X San Franciico rfz 4s KVt
beabuard Air IJno adj. Ss. 77
bouthem Hell Telephone X Tdczrarn Sa. lOCj
bouthem rariflc coL 4a...... 91
Southern Hallway 5a. -...HOG
Southern lUilwir 4s.... 7S
Third Arenu rfs. 4a. K-i i
United StatM Steel slnklncc fund tw. 101S I
V bcinta-OroUna Chemical 5s -
VVahuh rfs. 4s. 63U
V abash rfx 4v Etiultable Trust ctfs.. stamped 60 l
Western Maryland 4s OS
Totll tales. Sl.K3.Cfn.
HEW YORK PE0DUCE.
HV. 1V. IW
73U 72 R
HO f 1KH.
12 US 41
lit. in, r.,
US 1SU 1'
10J 116 100
13P. 12PV. 13-,
21'. :ia 31'.
1C. ItTi llfi
110 I1SV. 119
10. 107 VJP
C 123 123
1"S 1H 19S
. . io
33 rm -.. nz
10) ItepuUc Iron X er
Tn It,r Ilan.l . . .
im It blind rfd
200 Rumetr .. .
rn Rjimely l .
210 Scahoard Mr line.. ..
150 beahnard lr Line rfd
? St Lnnt. X 8 F
St. Iyris X S. V 31 rfd.
a TOO stcUktti r-aciflc..
700 utlirrn lUUwiy .
400 -vaitiirrn l'Jll. .t xU .
60) Stan-lsnl VlillioB
XD studerwier . ..
W TenneoMv Coraer... .
701 Tnaji Comlwnr
100 Third Wenne It, R
an fnited lli rirer
ll Tuited Bar X ISier pfd
II TOO I Dion Piciflc
200 I cited Dry Gnv
1C0 Initid IHy eToMs pfd
3 1 S Ind. Alcfco! s
l I S. IlubS-r eV!S
LW 1 S RiiUt 1st pfd l7'i
M )0 I 8 tcd c-ta.
nlS Meel rfd 1I0U
W) Ttih Cier 51".
ICO Vihai . 3s.
101 Wabash pfd 12S
1C3 WellvFarco Eirrrn.
to Western Jiirjlind
30J Western Union Tflrmrh 72i
Xr) Wetirchnue Vlfg . 74',
3J Woolwiirth . 101
0 Wrolwurth I f d .113.
Tral mica. K6 S7 shires iraln 419.117 restrrdar.
33B2 a week isi. and 900 650 a jear ir
!'. W, 139S
1C5S 105S lfGH
. 3. 2 3
. 12S IA ty4
uos no; 110s
43S 3S 4?.
Ti i ::
7'i 74'i 7('i
Furnished by W. B. Ilibhs X Ces.
ronK- Open. niah. Lo
January 19 25 19J0 1)
Vfar 19.32 10. IS 19
Jsnusry 10 r 10(0 10
May 10J0 10JT 10
iiy 103; 10 42 10
dTrrrure 4'4 S
Bohemia 2,'t 3
Calumet X Arizona. fu fs;
Cahtmet X llccll VK wo
Coper Ranee 4S3 to
East Kotte 11 ll'i
Franklin 7H 7
loJUn lis 13
Lake 23S 21
La Sllle IS 5
Mawo Valley f'3 9
Jiiyflower ja, 12
Mrrarnthaler 217 219
Michlzm IS 2
Mohawk S4S 3S
North Butts 3 3114
North Lake 2 2S
Old Colony 6; 7
Old IVommion 4Stj, o
Qnincy 73 KS
South LilrB , I'i
Swift WSVi KS--4
Timirack .. 31
Uuited Fruit 177
Utah Consolkli'ed lot,
Victoria . IS
Wolrenne . 67
Isls Rojlle 29 294
MILLFEED Steady, trade Is dull.
Spring bran. 2Z.M, standard middlings.
25.50; Western red-dog:, 28.71; winter J
wheat, in lCO-pouml sacks, to arrive,
20.10. city bran. In built. 23.00
ItYE Slow: offerings light. Western to
arrice, Is valued at about h. c 1.
track, and State, at 79.
itYE FIX)UIt Inquiry. Inactive prices
arc steady: good to choice quoted at
3-SOa4 00. In barrels
BUCKWHEAT FIXJtTR Steady; deal
ings are lifeless. Choice nominal a
2.Ta2.5 for 100 pound.
COHNMEAIj Steady; demand mod
erate Kiln-dried. lien, for export. 3.10a
3.1; roarrw meal, in bigf. l.X for old and
1 12al IS for new.
1LW-Receipts. K8 tons, easy; trade is
Inactive. Quotations are: No. 1 timothy,
1 05; standard, 1 00. No I, 92iaS5; No. 3,
STRAW Receipts. 30 tons, steady: trade
Is dull. Long r)e quoted at l.O. Oat
straw is light and value doubtful, pos
rORK Stead ; liuslness Is moderate.
Mess, 19Xm.l9.S0. family. 2.00a22.riu.
15EEF Stead . supplies are light and
trade dull, racket, 22.C0a22.00. f3mll,
LARD Unsettled moderate dealing-i
Prime Western, 10 5, refined continent,
10fr, South American. 11 J3; refined Bra
zilian, in kegs, 12.1m. beef stearlne. 9-;
lard stearlne, slow. New York, 12T&.
NEW YORK CURB STOCKS.
New Tork. Jan. 2X Tonlay'l cio-irff iwiecs of
tL mt actirt curb securities were aa follows
.VnUo-Aroencan ini ISS 19S
Itraden ....... . 9S 9.
British Ameriran Tutwcco
Chirac, bubway . . .......
e.lroux Consolidated ...H......
e.rrrne Cananel .
La Rce Cons
L. V Coal -ales Co
Sfaxai V alley
Minhittin Transit ....... ...
Marconi, new 5S V
Vlarconl tansdian 3S I)
.li-luC Mines Ft 9
-.tasdard 111. exsnb 431 4.6
Vnkon eld 3 ?.
United Cirar Stores r3 110
United Cljar Stores pfd HI 119
Idams Kiprras l f "
llraden . B0 IM
1'ra.Vm 7s 193 IO'
II It T. i- notes. M3J6 '
Chicap. Urratcd 2fl 9Ss S?
VIontreal Tram. ! W4
NEW YORK COTTON.
Furnished by W B. Hlbbs A Ca
Mirch -.. 1142 12.H
Miy 12 T li33
July . 12.3) 11
October UJ2 116
CHICAGO GRAIN MARKET.
NEW ORLEANS COTTON.
...... 13.H I3.fs
. UTS 13.77
- OSS v I3.6J
OUTSIDE SECURITY NOTES.
New Tork. Jan. a Tho tridinr on the mii.M.
lecnritics market toKlay was fairly actln and n.
brrK-bK a ffrraUr number of isties. rrlce mm.
menu early wer of an unwaid tendency, but later
became jeictlooarr assin. Jlowerer. the market -was
without feature. Clxar Stores sold down more thin
a pomr, aa ua Tobacco products, surer afaekj
woo oiirx. Ccyjei abuts tdd ittaly.
Furnkbed by N. L, Carpenter X Ox
Orco. lUil.j Low. BKLAaked.
Jinuiry... Ufa 1136 1150 H52illC3
March 1111 1111 1133 1130all40
1137 1142 1130 lirI13S
....... U41 lit! 1137 H44aH45
October 1LG0 It Q 1L96 lLCClLtl
Toronto, Jm. 29-ksinz quotatious of Cubalt
Bearer ConHlidatcd 0i .41
Chambers Ferlirxl. ....... ......... St
dry of Cobalt jot
Cobalt Lake. . a
Coniicas M....,. 9.00
Crown Reserrt :........... 160
Foster .......... ................... ,U
Gnat crUum... ............. '....... Sfii
11 H 1LM
BALTIMORE STOCK MARKET.
Jlirylind 4'. 193 StTS
Virrinia J3. enturr 11
IIVLTIMOIIC ITTY BTejCKS
llilumoee Cltr S. 1916. 102S
Baltimore e'lty 4s. 1934 "feS
Hiltimwe City 4v 19ol
BllUmorc City 3Ss. 1? - StH.
e, vs stocks
CoruoIiditc.t Gas So. DCS
ConaoliJlted lias 4Hs 95
CeDsoiiuated tits. K U & P. 44.
Comolidated ('m, E. U . 1". rant 1174.
Consolidated Gas, K. L. i T. pfd 119
II V.N K BTUCKS.
Citizens- Nationll Bank. 42
Hrst Nitional liank
Metchanta-Mechanics' Bank... .,
Nitional Bank cf Baltimore. ,
2at'ouat Manre Bank
National Union Bank
Wr-tern N'ationil Bink
Atlantie Coast Line ctot delv 4s. ',
Atlantic Coast Line of Conn ctfs.. MOB 91
Atlantic Coat Line of Co n fs, ctfs ... 101
f'eorsia & vlabuma com. &i 105
Macon, Dublin tc haranmh 5. 95;
New Orleans. Motile & Chieuo Ss ..... K
Norfolk i. Atlantic Terminal 5f 93S
elboiid & Itoanoke 5s.
Atlsntic Coast Line of Cunn.. 257
bontbem Baflway com .....
United Railways & Ucctne Co. .... 23H
hTRFET IUMLVVAV BONDS.
Charleston City ItiUway 1st Ss. 1C3U
Chatleor. Crjcrolidated By.. Ii. i E. 5i 9H.
City ft Suburban 1st b. . UHH
3Iieon Railway ft Ufht 1st cons. 5s 33
Metropolitan (Wash 1 1st Sa.
United Railways A Klectrie 1st 4s. H4
United RaUways & Electric Inc. 4s. 62S
llrcinU Railway & Power 5a. SIS
Iridlty i. Derealt Co. .
Baltimore Trust Co loss.
Mercantile Trust Co. 159
Munscy Trust Cb. H 101
Baltimora Brick 5a.
Baltimore Electric pfd
Baltimore Electric 5a. - .
Cotton Duck Cs. 77H
Gary note.................................. 9S
n. B. S. Brcwins inc. S- ................. 10
IToueton Oil pfd.. tr. ctfs.
Kentucky Sec. ) TIH
M. & M. Transporutiun Co. (V. T.).... 69
Pemuylnnia Witer & Power com
rennsylTanla ftatcr &. Power 5s... 924
Pullman On. Ventilator com
United Electric 1-t rona. 4Ss. ... 93
Alabama Consolidated C. & I. 5s -
Consolidation Coal Co. 1024
CbnaoIidaUon Coal ret. 4S
Fairmont Cnal 1st M 96
Georxea Creek C1I. Co...... i
Southeast Corner Fourteenth and G Streets
Capital, $500,000.00 Surplus, $125,000.00
You will find, in this Bank easily acces
sible, courteous officers and clerks ready to
wait on you and explain any little details that
are not entirely clear.
. We offer the best and most helpful serv
ice to those considering the opening of a bank
account, whether the-amount is large or small.
J. J.N DARLINGTON, General Counsel
Byron S. Adams
Walter A. Brown
John H. Clapp
J. J. Darlington
Ralph W. Lee
Wilton J. Lambert
Sales Rezulir call, 12 o'clock nooo
Uafcington l.as 5s. U.CO0 at 110S, (1.000 at 110.
VVashuistua Railway i. LIcrtric 4s. H030 at 84S.
It COO at MS.
Petomae coca. E. Jt,ro at 101S. $UI at WIS.
ILCOO at lfa, JLOOO at IMS. 31.000 at WIS
M asbln--ton Railway & Llectrle com.. 25 at IS, 25
Mrrrenlhaler. 10 at 217S, W at 2T7W.
ItKomae cons. 5.. Jl 030 at looa.
I'arital Tnctkin 5s 5300 at llOt.
Mrrcenthaler 20 at 28. 3 at 21
e'arttal Tractioo 6 at 123S.
- -Amcncau niinty &. Trust. 10 at 313.
U S coupon 3s .
U. S. ret 4s .
U. S. coupon 4s .
o Mercy for Condemned Man.
I bewes, Kcsland. Jan. 29. Jonn Williams.
condcninea to aeatn ior tno murder of
Police Inspector Walla at East Bourn.
was nonired here to-day. Home Secre
tary McKcnna denied Williams request
to tie allowed to marry in jail bis com
mon-law wife, tlorence Seymour, nor
would he allow Miami to ear cood-l
oj to ma irienas.
tleorzrtown Has cert. ind. 5s ..HM...... 192
Geonrctoan Cas 5s. 103
VVaahict-ton Gas Sa. I'-O.
CarsUl Traction 5a INS
Vnicwtia A I1)lixnic M
Oty . Subuiban 5 .
Columbia 5i '
Columbia U. . - Ml
Metrorulitan S. . 1044
Wastunslcci Railaiy & Uectnc la.. -.. !t
Wish.. Ala. . Jit. Yemen 5
rotoenae Electric Cons 5s 10IV.
rotomac Electric Llrht 5a WWi
Chesireske A. IVtemac Trlerhone 5a ... 104
vmerican TeL JS. Tel IM
1 ei Tircr Mfi. 5. SO
Ivorfola- e Washlncton Steamboat 5s.... 104
RI-SS Realty 5 tlonjl 102
ItiKS Realty 5s (short) .. 100
PUBLIC OTlCrri STOCKS.
Capital Tnetion 122S
VVashlnston Hallway .V rJrrtnc ccco.... e-
VVaahicrton Ry & Hectno rd- SO
Norfolk VVahinton tlrimoal ii
VVashirtoa Gas "W
American Telephone lb Telerraph 132
TTPB VUCniNB STOCK'
MrrienUialCT Unotylf 217S
Laruton Monetyp? fJ
Greene Cinanra . 7H
NATIONAL B4JK STOCKS.
lhstrict - 143
Farmers & Mechanics. 30
Secood . . - 12"
National Bank cf VVishiwrton 213
TRU'iT rnvn-ANT STOCKS.
American Security Tnit .". 310
National Satinrs A. Tru-t. r.2E6
TCnion Tmst, . 136S
Washington Ioan & Tmst. "233
United Mates Tru-t - 1U
SAVINGS BANK STOCKS.
Citizens - 1S
Bank of Commerce and Sarbupu....... 124
East Wishintton . U4
IHRB lNEURAjiCB STOCKS
rranklin ........j...............H........ .
German Vmerican 260
National Union '
.fotomac ...................-......"... 30
TITLE INSURANCE STOCKS
Real Estate .
Chipin-Sicks - 160
U. C, finer MfE. Co. 131
Gnpbophooe com.. 40
Grapbopbone pfd m.........- 75
Merchanta' Transfer i. Storage .. 163
Security Storata -. "E
Wiahlnrton Marktt-..................... Ills
Arthur D. Marks
Frank B. Noyes
John L. NewboFd
Clarence B. RJieem
N. H. Shea
The Safest Investments
in thoa that do not finetnaU dcrlnf ca
turbed condltiona of tho money or stock mar
kits, lint deed of trust notes (first mart
tares). eH secend on real rsUM In tha Di
trlct of Cdurabea. oonatttcto "rUtdgV In.
Teatments. They do not depend upon the
financial responsibility of lndlrlduala or cor.
rnrationa for their sraMlity. and an exempt
from taxation aa personal peuicitl. Wa cart
nrpty scch lniestments In amounts bum CM
Bpwird. Send far ""ff. CcsiCErsla Lntsf
Swartzell, Rheem O
727 15th Street MoTta-nest.
A SPECIAL MEETING Or THE STOCKHOLn-
em of the LOVIVGTOV COAL MINING COVi
rANY will be held at ffld V Street Nrrthsreat.
tVashinston. I) a. on FEBRUARY 3. U. at 2
p. m.. for tho purpose of soeinff nmn rjin..1
aroracunenti to the charter by lacreaainc tha capital
rtoek to 5U0.0tD, and by increaaicz tha Board of
Trustees to tine (7) members, ind to authorize too
le or vra.rro aeeond trust bnods for rrfundine
rrent secured and unsecured indebtedness and pn
ride additional srorkinr eacitaL J M. nrvniv
JAR. a STOCKS. JOHN BFNSOV. W. IL 8IU
r.. -...c anwsui. ana It. TUVKT
KNArr. Trustee-. jiX-faS.U
WASHINGTON PRODUCE MARKET.
KCGS-Xear by. fresh. 2Ia22: Hoothem. 21a22.
HKiaK-Nc iorlt. new. a Ita.. Hat. 2L
BLTTER-EIpn imnt, 40 lb.: tu 324 per lb.,
rnwrsa. 28 lb.
LIVE I-OULTUY-Hens. IS per lb.: rooaters. 10a.
10S per lb.; turkeja, 19s20 per lb., chickeuo. lane,
17aU per ltx : medium. 16alS.
DRK.SSED l"OULTRY-Tnriejs. 2S rer Ux:
hens. llaB per lb.j ducks, 17 per lb.; chicker 21
GREEN FRClTS-CalifornU oraose.. 2,COaJ. per
boi: lemons. SJ5 per box; rlnearrlcs. per crate. 2.00
aiOO; Florida arapefruit. 45 per boi; Unjerlnes.
S.0Sa2.40 per box: arplea. 1 OCalOO per bbU
DRESSED MEATS-Lliht weieht pork. 10 per lb.'
hcaiKr. SVi. . .
VEGETABLES-PoUtoe. !3 per bus. 7 rrlcry. Zt
n Arm- nn. 1 Cd.1 "3 rer bbL. onicm. 60 per
ente: eabcafc. 90 per 100 lbs,: lettuce. SSatOO per
basket; beets. LlOaLX icr MO bunches: njnash, LCO
per bU.: sweet potatoes. LSS per roc; uma waua, u
per ejt.: cranberries. 124. caaliflonrr. l.TOailO per
Congress in Brief.
After hav-ins refused on a tie vote to
go into e-cecutlve session to consider
President Taffs appointments, the Sen
ate yesterday took up the smim-Lever
agricultural educational extension bill.
After four hourV discussion the l-ago
educational vocational bill was substi
tuted for It and passed by a vote of 31
fcenator "Work bill, providing tor
leases or tne ground tor con
struction or hotels in losemtte .Na
tional Park, CaL, was passed; also a
concurrent resolution Introduced by
Senator Jones recalling from the Presi
dent the bill passed by both Houses,
ouDstltutinf- electrocution for hanging for
capital offenses in the District of Colum
bia. The bill is to be recalled In order
to change the time when it shall become
Senator Jones Introduced a bill to
transfer tte Pacinc branch or tne 2va
tion.il boldiers Home at anta .Monica to
the jurisdiction of the war rieoartment:
also an amendment to the Connectltcut
stiver dam Din, conferring control over
water power developed m the nver .n
the btate or Connecticut. Senator Jack
son or Man land Introduced a bill ap
propriating JlO.tXV.ooo for public roads and
senator Williams or .Mississippi a out
appropriating KSO.000 for a memorial to
commemorate the sacrttlees ot American
women aunng tne War or the rtevotu
tlon The resolution extending the inquiry of
the campaign funds Investigating com
mittee to cover the recent Presidential
canvass was passed.
The House passed the Lincoln memo
rial bill approving a memorial to Abra
ham Lincoln, to be erected in 'the city
of Washington. In the form of a Greek:
The' Appropriations Committeo re
ported out the District bllL
The Ways and Means Committee
heard representatives of the boot and
shoe Industry In protest against tho
reduction of trie duties on those prod
Joseph DI Giorgl, of the Atlantic
Fruit Company, appeared before the
Shipping Trust committee, and de
clared his belief that the United Fruit
Company Is a monopoly in restraint of
The Judiciary Committee agreed to
take a final vote SaturtVay on the ques
tion of reporting the employers' liabil
ity bill to the House, and to vote Wed
nesday, February 5, on the Kenyon bill
to prevent the Interstate shipment of
liquor from wet Into dry territory.
The Foreign Affairs Committee had
under consideration the diplomatic and
consular appropriation bill.
The glass currency Investt-r.UImr
committee took further testimony on
the need for currency reform.
Keprcsentatlve Humphrey of Wash
ington Introduced a bill nrovldlnc that
duties be levied on the-cargoes of alt
3IachInUta Defer Strike.
Newport. It. I.. Jan. 29. The question
of providing a sliding wage scale for thej, , ,,,-- ".,.-
lean ports, wnether the point of origin
Is In American territory or In foreign
machinists Ii) the Newport navy jard,
which threatens to involve every navy
yard In the United States, lias been
taken up by the international offlcers of
the machinists' union, wno nave asitea
the local organization not to take any
definite action until President Tart has
been consulted., After a meeting of Duo
machinists, which broke up eirly to-day.
It was announced tnat tne secret Dalnt
on the strike question bad not been
Firemen Hurt When School Burn.
-Morrlstown, Fa.. Jan. SJ. Flames, be
lieved to have originate rrora a defect
ive flue, this noop, shortly after the
pupils had been dismissed for luncl.
destroyed the Noble Street school build
ing and caused, a loss estimated at nor).
utAX Three- firemen were' ttenousijr u
juxed by lalilzu; bdeka,