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ACTION FORCED Comment Favorable on Dis missal of Presidents, . Says Holland. * Ou of til* comments occa >toned by tfc* action ot Director Owvil McAM* with "??t to the railway prealdsnts *u made ** ? ou who bM heea ot li#n??? '1 til# financial district ?nd In railway BMOMiDtnl He said: "Thsra t? not a railway preeldent highly ?em petent for management of a ?r*at railroad who. If he were placed i? xtn position Mr. McAdoo sow occu pies. would not have done preclaely what the Director General ha* done. For It la Inevitable that thl* b* d?w If the Federal administration of . the railroad* 1*/ to be ?ucce** ImL" Katurally. *ome. perhaps. of the railway president* are much con cerned over thl, action, not know 1M exactly where It will Piac* them, nor what the effect of It will be upon the relation of the railroad* of the Dotted Bute* In the future to the government and to the peo Wa. Government Ow?mllp. There haa always lurked a plcion in the minds of some of the railroad manege" that the Federal legislation whereby unexampled power over the American lailroads was given to one man, and he an officer of the administration, might lead after the determination of the J war to such chanties In the entire] policy of railroad management and control as would amount to actual government ownership. ?<>?? PJ" Have that thl* Chang* will be I able In ca?* the Federal adminis tration of the railroads proves to be ?tieeeeeful At the same time many are the furmlsaa ventured referring to the future relation* of some of the ableat railroad managers to the new order whleh Director General Mc Adoo ha* **tabll*h*d. Four or five railway presidents are apoken of a* possessing In the hlgheat degree a unifications for the adrolnletra tion or railroads both upon the op erating and the llnancial side. The name ot Daniel Wlllard la often "mi*1 record In building up the Baltimore and Ohio Railroad to a position which surpasses even, that highly efficient condition which was identified by the administration of Joh? W. Garrett, of the Baltimore and Ohio Railroad?especially at the time of the civil war?la frequently referred to. Mr. Wlllard commands a large salary end earns every penny of It His facility in railroad man agement and his equal *klll in work tog out. probably after counseling with very able financier*, the finan cial policy of the company, would of couraa justify Director General McAdoo In naming him as one of his chief subordinates. But would Mr. Willard be willing to accept a poet of that kind? Vast reaponelbllitlee would bo placed upon him. hut they would not be accompanied with equal power. Hiiter aad the Governasent. President Ripley, of the Atchison Railroad, system. Is sometimes spoken ?1 as being more autocratic than were James J. Hill, or E- H. Harriman. or even Commodore \anderbilt His methods, however, have worked out wonderful results for the Atchison system. Would he be willing to ac cept a subordinate appointment tinder the government which, while Involving great responsibilities, would not con fer upon him power that would match theife responsibilities? He might be willing to <lo tMs for patriotic mo tives. but It is very doubtful whether from the point of view of railroad management he would accept the sub ordinate position. ... The president of the Pennsylvania. Samuel Rea. has achieved so greatly that he is often compared with the ablest of his predecessors such as Thomas A. Scott. J. Edgar Thomp son and even A. J. Caseatt. His serv ices to the railroad company are re garded as worth all the salary which he receives and even more. He has already given?as in fact Daniel wll lard and other able railway presi dents have done?important service, although In an advisory capacity, to the government. . Nona Of these railway presidents, nor all of ths railway presidents of the United States, when acting In a group were able to persuade the In terstate Commerce Commission to In crease rates except grudgingly, and certainly were unable to secure vast amounta of fresh capital of which the railroads stood in need. Fanalshe* Capital. But at one stroke of the pen Director General McAdoo furnlshe* the rati roads of th* United State* with nearly The Safest InvestmeaU SwartzeH, RJieem ft Hauey C?., 727 S tract NertW. to capital. Ma la alae ? rate* far beyond eeen con tern ?la ted by the Oum?irce Commitalon. In i that he la to approve the uw> In the acale of wa?ea which baa been recommended. It la for theae reaaon* that It haa been of unvarying comment In the I district that Mr. McAfloo hot only Juatlfled In taklnc the action which ha baa done In reapect to the railroad praaldenta. but forth' ?mora, if ha were a man of courage 'and of treat exacutlre force, it waa Inevitable that be take thla action. The time may coma If the war be prolonged, when be, aa Director Gen eral. will again aathoriaa an iaaua Of fraah capital amounting to *1.000,0(6,00# la be expended In accordance with method* which ha dictates to the dif ferent railroad*. 'With theae enorraoua expenditure* In the form of freah capital which I l|r. McAdoo haa the power to author ise?and In one caae haa already authorised?there la no eacaplnc hi* responsibility tor bringing under Im mediate, direct and abeolute personal control the operating forces of the American railroads. It haa been sometimes said In the financial district that thla Is to ha looked upon aa a war measure, and that view 1* regarded aa having been juatlOed by a *tatement which Direc tor General McAdoo ha* himself made. But it is also wondered whether, if a* a war measure this succeeds greatly. It will not inevita bly lead to auch cbangea in our na tional policy with reapect to the rall roada aa to bring them under perfect government control and admlnlatra tlon which may Involve government ownership. "HOLLAND." Washimftoa Stock Exchange. ?SALES. Washington Om Is. $500 at 96V Capital Traction Vi. 1300 it 1C0H. Washington Railway and Klcctrk* la. 31,000 at 104. H.500 at 064. fl.OBO .fi U\. *00 Ct 09%. 91.000 hi 00. Washington Rail war and Electric pf<L, S at 00. 0 at 00. 5 at 0B. Mergenthaler. 5 at 1134. 10 at 1104. I at 1104. 10 it 1164. After rail: MTnrenthaler, 9 at 1104. * Washington Railway and Electric 1% 91,000 at 00. CfepMal Traction 3s. 11.600 at Mftt. Commercial National Bank, 1 at 180. La niton, i at 00 GOYERNMENT BONDS. Bid. Asked. T. 0 reentered % -.a.? 074 U. 8. coupon 20 ...? 974 U. 8. registered 30 004 304 U. 8. registered 4a ' 1044 1064 t\ 8. coupon 4a 1044 Liberty Loan 140 00 Conrrrted Liberty Loan 4a M T9-109 Second Liberty Loan H ...01 40-100 GAB BONDS. Georgetown Gaa 5a 99 Washington Gaa 9a 9t Columbia c.aa and Electric fs.... 80 Columbia Gaa and Elec Dab. 5a.. 79 RAILROAD BONDS. Capita] Traction 5a. 1004 1W Washington Buy. and Elec. m ... 07% fO MISCELLANEOUS BOND?. Potomac Electric Con* b 994 Potomac Efcctric Light I* 914 Potomac Electric Power 6a 904 100 Amern-an Tel. and Telgs. 4s 964 American Tel. * Tflg*. 44a .... 00 T. Amer. Tel and TV1. CIl. Tr. 5a.... E24 9C4 American Graphophone 1st fa .... V0 96 D. C. Paper Mfg. 0s 100 Washington Market 5s. 1WT 96 Washington Market 5s. 1947 96 W. M. Cold Storage 5a....y 94 Security Stor. and Safe Dep. ?a 101 Norfolk A Wash. Steamboat 9a... 100 Rigga Realty 9o (long) 06 ? R>gg? Realty 5a (short) 3T 100 U. 8. Realty fa Ml PUBLIO UTILITY STOCKS. Capital Tractio^i 044 90 Washington Rwy. and Eke. com.. *?0 60 Washington R*t. and Elfc pfd... * Norfolk and Wash. Steamboat.... 137 170 Washington Oas 974 Columbia Oas and Efcctricity .... 38 American Tel and ^Meg 904 TYPE MACHINE STOCKS. Mergenthaler 110 1W?4 Lanston *56 61 Lanston Script 974 ..... NATIONAL BANK STOCKS. American 146 119 Commercial 180 300 Diatrict .' 143 ..... Farmers and Mechanfct' 230 240 Federal ........ 107 Lincoln .. 100 National Metropolitan j 303 Bins ????.. .... w National Rank of Washington..... 230 TRUST COMPANY STOCK?. American Security and Trust ... 222 . 330 National Savings and Trust 90 Union Trust 120 .... Washington Loan and Trust.......' 243 250 SAVINGS BANK STOCKS. Home 420 ..... Bank of Commerce and Sarings.. 12 124 East Washington 11 Security Ssr. and Commercial.... 175 ..... FIRE INSURANCE STOCKS. Arlington - 8 10 Corcoran 70 1.... Firemen's 19 ?..?a German-American 940 National Union 04 a.... ? TITLE INSURANCE STOCKS. Real tslata 90 MISCELLANEOUS STOCKS. Chspin-Sacka 180 1>. C. Paper Mfg. CO. 120 Washington Market If* . ? Merchants' Transfer and Storage 100 119 .-security Storage ..; 105 ..... U. 8. Realty Ca 134 ...4. ?Ex dividend. BALTIMORE LIVE STOCK. Special to The Washington Herald. Baltimore. Md., May 27.?Cattle receipts for the week ending at noon today were 1.661 head, against 1,908 head last week. Receipts, 61 car loads, for market for the week; 43 carloads for market today. Market strong, active and higher. Quo* : Steer*?Choice, 14.50al6.00; good butcher, 15 00a 15.39; medium. RSOallOO; common. 13.00 al4.50. Heifers?Choice. 1125*14.00; fair to (nod. UOfcallS; common to medium. 0.99a 11J0L Bulls?Choice. 1100619.00; fair to good. ll.OOallOO; common to medium. OOOall.OO. Cows?Choice. 10.80all.f0; lair to good. 11 10.50; common to medium. T.OOalO.OO. Sbsep and Lamho-Recclpta for the weak t ing a noon today were ISO head, against 1.000 head last week. Pair supply. Market higher. Quo*: Clipped sbeep-tfaHOD; soring las llOOa&H Hons?ReeeiptF for the week e lag at noon today were 0.594 heed, against 0.431 head last week; fair supply; market lower. Qnote: Light westerns, 19.70; medium, 1170; hoary. 11*: pigs. lf.Q0all.T0; roughs. 14.00a 1130. fa Wee-Receipts for the week ending at noon today were *9 bead, againet 913 heed last week, tiood svioply, market steady. QuoU: Cahea. It 00a 16.30. Southern Pacific Ce. 4% Convertible Geld Beads Dim J una ?, lKt HHHESE bonds are a direct obligationof the Southern Pacific Company and are followed by 1272,822,900 stock, on whlbh ? dividends have been paid since 1906. Price at market, to yield (flA We recommend the above issue. Ok?I? will W ant fg<?rt far DO-ie. The National City Company Corrrtpoitdint Officef iir Twenty-four Cities WMfcagtM?741 Fifteeatfc Street N. W. TaUphona?1176 Main _ Bonds Short Tern Notts Acceptances id Stock j WALL STREET STOcfl MARKET IRREGULAR Trader* Bewildered by M?ny De velopment! Crowding In. j ?r ihoidah wall. New York, May 12.-So many Import ant developments war* crowded Into Wall Street's seaaion today that traders were bewildered and the mar ket was very Irregular. The opening was steady, but almost Immediately prices weakened so that there were lossss of as much as three points In i some standard Issue within an hour. I Then came a rally that made up most of the losses. After President Wil son mad* his address to Congress. _ reports of an Immediate tax bill and resumption of the Qerraan of fensive, the market sold eft rapidly. In the afternoon lower prlc** were made than la the morning, loss** In soma active Issue* running as much as 4 points to 10 from the high figure of the morning or the previous close. Fi nal prices were about the lowest of the day with stocks pressing for sal*. Action of the market today demon strated the wisdom of a conservative attitude. The market fundamentals are very bullish but the superficial In fluences are bearish. ' * Leading bankers approve President Wilson's attitude In regard to the tsx hui. They admit that temporarily it will subject the various groups of In' dustrles to unpleasant scrutiny and therefore to stock market irregular ity. But It will gtv* the country fig ures on which to work. The. railroad situation Is at last on a sound foundation as a result of to day's announcement by Mr. VcAtloo. The wag* Increase of SMO.MQ.OOO is met with a rats and psssenger Increase of ISO.000,000. This excess of income will so to help the Government pay the rentals. NEW YORK CURB MARKET. tjt.,w J"*: r on the OMtil .S2L w" (Int. by the action at DW-rtw GMCT.1 McAdoo with ret.,,?, to ra lro?d tip fncreaaea aid Increued paae, Ullsoo "on "c<y?r of ooapisttaf rrr?nu? lerfalition. 121"' Jf ?? feat?r? Mr, U.TT Ml rrsctlon. of tnm faction. to ^ th^ ,. T?*" '?*" * P"41" "?? ?**wl throughout the entire list. Inrtn?rt?U wm fairly artlv Jit the kt? ITlfW In nearly all Inatancw wen s. sharp reccaalnai. fT-mi tlw final* of laat week wre "" wUboat >[>kul1 faa ?ioUlloM turnip by W. B Hlbh. * Co. I Aftna EapIoairM I Air Reduction ...I. . -I ? 1 | Amcrkau Wrttls* Paper j * At luitio PPetmleum ?u 3 Barnett Oil ' 3 . J Bi* uew v Rinsham Mining u ? Boston and Montana ... * 51 n Boaton tod Wyoming... 40 ? faiedonia Mining 39 *. Ualumet and Jerome 1 1 i... Canada Copper 1 ii.ia iv . Cmrbrm Steel UJ "J? I Car Light ?nd Power ju I Charcoal Iron a ^ oiir'sL, ?,rts ? < lttes nffTicf .a..** 211 nt Cltl?i Serrire pfd....v 73 ?* Oonaolidated Arlaonn * , H, . Con*olklated Copper * . 91* Cwrffn Co. . Pi * Cosden pfd * "* w <>*** n m Creaaon <;dd iv Crystal Copper u a CiutiM Aero -- -j n??JfrDili . g Denheigh 811 rer e Kllr ftavtn ? i* Kmer*m Phwp m ^ Kmrna Coiper 3-l? 514 Federal OU ^ i First National CVpper 514 2*. 1 Aim Rock ji ; (ioldfield Consolidated .'.7.7. 5-l? M? l Cira<? Crrelr 50 70 Oreen >fona(er ^ I Ouantanamo fhigar * * " *? Holly ?u*ar , 53 10 J Houston Oil t<" g| 1 Howe Sound 4 41? Hull Copper M 9,% ! Iixlependence T^ead 7. S 5 : International IMroleum 13 i$?4 Verd. ... * 9M 11-W I Jim Butler 78 ^ Jumbo fcxtenaion 9 jt ; kake Torpedo 5U $?; | Mama Copf?r Si ' 33 Merlin 73 Maeon Valley 414 5 Maxim Mur.it iona 7 l? 9.1c, Mmitt fH! a s Metropolitan IVtroleura 11-lf 13.15 Midwest Oil com 101 h? ilS"* 2" Bfd m 15 * Midweat Reflnirf KK job Mitchell Motor* 15 40 ? Motherlode #7 4314 XipiBfliof Minea Co g\ grt North American P. A P 2^ Northwest Oil (0 92 Ohio Copper 1 \ ].]? Oklahoma Oil Co 3 5H r>klahoma Prod, and Refg. Co.... AS 9* Pacific Qaa ]IH Peerleaa Motors 14 jf Ray Hrrculea 4% 4% Red Warrior * 14 % St. Jcseph Lead 1$K 154 S. S. Krette com fO g| R. S. Kreaee pfd 102 W "apilpa com H4 Sequoyah Oil 11-16 \ Sinclair GnW 19 17 Standard Motora 11*4 uif Rulimarine Corporation 17 17^ j^icceea Mining ft 10 Tonopah Kxtemioa 1 9.14 J H-W Triangle Film 4 \ Trl Bullion H \ U. 8. Light and Heat com 14 24 T7. 8. light and Heat pfd 3 I United Motora C4 M f'nited Profit Sharing H % U. 8. Steamship 9% (4 United Verde 9% United Weatern Oil >M 11-M United Zinc 1?4 \% Utah Petroleum i IS Victoria Oil 4 4% Wajland Oil f% 3% Wright Martin Aero 10 LIVE STOCK MARKETS. Pittataviti. May ff.?Csttle? Raceinta. Mi; higher: ataen. H7?alf.?; hdfera, (13.00aU.90; ccwa, SJS.OOalMD. Hos^-Reuipu. 8,100; kmte; hturiM, JlJ Sa 17.30; heavy Yorkers and lifht Yotken, JlS.OOa ll.U; pif*. ni.osie* Sheep and Uisbs Repelpta. <.000; lower; ten sh*p. 048: too lamb., Jlt.OO. Calrw-Becetpt* 1J90; lover; top, 85.* LoDia. Mar Jf.?Ho?s-R?elpt., 12.W; at?Kty; lifht. ?T.25.17tt; pi*., JW.S0.17.S; ml led and bnUk*!*. of00al7.ll; SOOd heuy, n7.00.1713; hulk. 117 00.17.* Chttto-Bmnes. ?JM; slow; uttr. bnf ?teen. IU.9MT.N; yMliln* ateer* and Mlrn. ?.IMS. 90; COWK S7.90sl3.7S; atockm and teed m. tS-JOaliOO; natlT. clrea. Sf.71.14.00 Bheep?Receipt a l.SOO; Meedy; Umb., UiSa U?: PtOOalMOi oaaam ud ehoppm. I7.QM10.ua Ksnu. CHr. Mar ir^lIoo-R^eipta. UtW) lower; bulk. SUJCkinS; boty Slia.IT.tS: tack! <ra and hutch.r>, SlfiH.IT.10; light. M7.00.1T.U; pin. I1HSUT *. Cattle-Eeoeipts. M; atndy; tela. M aUet* Sl? 90al7.#; dnaaed bmt Mens, SHOO. r2; tt?Slm??62;-2r?3, PuSSb ' MM! PHILADELPHIA PRODUCE. ?^?hlllil^Mi. Mm S.-hta, .? Iks is M. QMtstta. tNn ? totow. -let hither aoor. . tints aeartor prists, actra. ?*; as Mk; Mr ts (nd. ; fiitaeu. 9T pair, fl.W?lplf?r.. old, bunk. fusr dry dcM, wWiHf ? pound. i ?f? wtMfc **: ?? Ml tWb; o? a?SWS3w?2wi SS^W.^ySTdti Item fowl., In Mi. flute/ lifdiUd. iwWUng 4 |mli Md ?h> >pl<o?. Me; M pound. vim, JfcHc; auttar Mm. MSc. rrOM DmMw aktdMM. mfabkw 1HU pound, ?plow. mm, ?H*r. <m.HM rfiXi. w- washing 4H ???? ?pl*?, Jfc; 4 pound., dkMc; f? dry-ptckad, bMt, Mk: M> to ?Md. Mr. Turktw, mm, do H*il but, Hki hit to toad. Me. Turk.!* old tow, a*; do., fm?. Mt Spring 4mI?. Low 10u>d. tteMc. Sqnmh.. ptr dcara. .kit*. wrt?tinf 11 to It pound, per ddkn. T?T.?; whltf, wdfh lx * to II pound., pm doom. UkMi ' Pound. jjjff?- '?*1*1 do., do. pound. p^ doJn <??. do. mL *a 1. rvmn' Ul; nun NEW YORK STOCK MARKET. . i rnnkkod br W. B. Bibb. * Co. ?MhXow.Clon A4T. Rumfer ......... 11 U IS Ad?, lukr. pM. ? ? * AltU-Cb?l?r? M? m ** Aawrlau Bwt luu TtH TJ 7*t Aswrlcw r?n Wt UK C\ Aneitein C%r * Foundry 1M :?* W> American Cotton OH 41% 30 39% America Hide A Leather 14 13% 19% American Hid* 4 Lesther. pfd. 00% 4T . ff% American Ice 30*4 29% 39% American International 54* 63* ??% American Unwed, pfd. .....^. W4 ?% American lAOOMht ? ? American Malting 8*4 1% 9% American ShipbuUdiag I* 139 1? American Smelt 4k Ref. ..?.?*... TT T4% W% American Steel Foundry......... 05 *4% ?4*4 American Sofar Ill lit 11} American Sumatra 135% 1?% 1* American Sumatra. rW- ? * ? Am. Tsi 4k TWc?. ...... 9? 90% 99% American Tobacco I* 1? ? American Woolen 50% American Woolen. pfd. 94% 94% 94% American Zinc A Lead U 10 M Anaconda *% ?4 ?V Atchison .../ ?.... ?% * A. A O. A W lnd. 1#% m 1C% A. O. & W. lnd.. rfd .. ? ? ? Baldwin LocomdtlT* 00% 84 05 Baltimore A Ohio 85% MH Bethletiem Steel Cla^ B ?% WS Beth. Steei I pet pfd. MT% 1WH 1?'4 Booth TUberiee 2S4 OH 8S Brooklyn Baptd Tram4t 4lVfc 4JH ?H Brunawick T#r U% )? 11% Butte Oopi-er A Zino 10 >% t% Butte Superior 2P4 22% ?*. California Petroleum ITS 17% 1T% California Petroleum, pfd. .... ?% ?l% * Calumet A Arirona W 70 TO Canadian Pacific IS IS- 1* i'aee (J. 1.) r^d ? ? Central Leather <7% SI 00% Otandler Motor 11% >1% ?% Chesapeake k Ohio S9% M% 3?% Clii. Greet Wcktern T% T T Cht. MS k St. P 44% 4f% 44% Chi.. MIL A St. P.. pfd- T4% Tl 71% Chi. A Xnrthweatern 9t tl ft Oil.. B. T. A Pac. n 21 B% 0. M. I. k Pac. 0 ret. pfd. ... B0% S? 50% C. R. 1 A Pac. T pet. pfd .... 49'a C?% 0*4 Chi no Copper tt% 41 43% 001. ruel A Iron 52% 4T% 48% Corn Producta 41% 40% 41 Com Product*, pfd. 00** 50% 10% Cnttible Steal ?% 02% 04% Cuban Cane Sugar 30% 9% 30% Delaware A Hwlafn 110 lit 110 Dirtillera' Securitiea 01% 3T% 01% Elk Horn Coal 21 *% W% Crie Railroad *% 10% 10 Brie l.t pfd C!% 31% 3S General Cigar* 42 42 42 Gaaton W. A W. 90% 32% 3% General Electric 141% 1(7 148 General Motors US 110 114 4 General Motor*, rfd 01 10% 81 Goodrich (B. r.) 43 43 43 Goodrich, pfd 1* 10% 100 Great Northern Or* M% 30% 31 Gr*ene-Cananea 41% 41% 41% Gulf State* Steel ?% ?% 8CS Haaketl A Bark 40% 40% ? 4 Ir.^piraUoa Copper 11% W-i 50% Interbno Oar., pfd. 41% 30% 39% Int. Bar. of N. J ? IS VX Interboro Conaol. I S 8 i Inter. Agrirultural 10% 10% 1?% later. Agricul.. pfi. ............ fiO B4% ? j Int. Mer. Marine 27% % 27 I Int. Mer Marine, pfd 1?>% M% 99 Inter. Nickel .*. 9 y\ Irter. P?j*r 3% 35% r7%' Kai\5as City Son 17% 17% 17% | Kenneuott (3oj>per 23 51% 32 j Lackawanna Steel M 8) RVn j Lehigh Valley 00% E9% ?%; Uasrett A M^era. pfd 1? vr. 10C Mnrkay Coa.. pfd. 04% 04% 01% > Maxwell let pfd. 90 67% ?4% Maxwell 2d r#d in 19% 19% I Mexican Petroleum 98% ?2 93% Miami COs p?r r% *7% 27% | Midrala Steel -...92 47% 40:? Miamuri Pacific 23% 22% 22% National Acme Co. 31 31 31 I Nat. Con. A Cabla 15 10 15 Nat. Enam. A St. 50% 49 50% ' Nevada Corpej 1S% 19% 19? N. Y. Air Brake 134 110 133% I N. Y. Central T3% 70% 73% 1 N. Y. l>ock ? r? 25 I N. Y.. N. H. A Hart 43% 40% 43% N. Y., Ont. A Western 3G% 20% 2^% ! Norfolk A Western 104% 10?% WH% I Ohio Cities Gas 38% 37% 28% Ontario Miring 11% ios 11% Pacific Mail S. S 30% 30% 5>% Pan-Amer. Pet., pfd 92% 92% 92% | Pcnnsilvai'fri 4374 43% P*Anlo*' 12. People*' Gca ... Pere Marquette 1- Li Riiladelphla Co 29% 2P% 29 Pierce-Arrow ? 43% <3 4S% W 12 U J 39% 38 Pittsburgh Coal 51% .V 51% Pittafaurgh A W. Virginia 28% 28 28% Pittstmrgh A W. Vs.. pfd 68 67 C PrceSed Steel Car. pfd 60 59 . ' ar 117% 118% 1?6% Railway Stael Springa 54% 54% Ray Copper 24% 24% 21% Reading Railway 88% 86 87% at f?.s- ?? ^ St. Louis A Ssn Fran. 12 12 12 Ssrage Arms 78% 78% 78% Seaboard Air Line, pfd 17% 17% 17% Scaro-Roebuck 130% 133% l# = . Sinclair Oil A Ref. 28 27% 28% Slots-Sheffield 00 04% 66 1 Southern Pacific 04% 81% M% : Southern Railwai ?... 24 S3 2L% I Southern Railway, pfd 00% ?j% oo?? Studehaker 44 39 41 Snrerfoe Steel ?. 10% 38% 39% Tenn. Copper A Oh. if 19 1* Texaa Ooa i Tobacco Prod 80% 57% 5t\ Union Pacta United Alloy Steel 41 40 41 United Cigar Store* m% 0% 89 United Drug Oa. ft ?io 70 United Pritit 191 120 138 United Railway A Invtatment ..9% 9% 9% "? 8. Alookol m las J3l J. J. RubtMT a BVi 55% H- J J1**' NT U4* 1<W. J- *? S**1. vu. in% no'. ium cuh Ooppw tm tr\ !W V. Cw Ctmm. a ?s tt Wlbortl M r. WrtMh. pW. A ? ,1,. ^Rteni Ud 14 ,4 W?t*rn P?jfio 20 *??? c"'?n MS SOS WMtinrtoui. 43 41'* ten. Wbon & Ca a m ?l'i VN lib*-Overland 19*4 i&u ;a Worthlngton P. IS*. ? ^ BALTIMORE PRODUCE. ffS. Z?!!>U>0(I mV b7 m wti in ibi., J 00.1 sf,2;,ni*,?1vp,nIwiT.nl.. w m Om. 2 2: "?? *<?k. No 1. wr do, EuHm "! *'? wr bN. ?; - ?STn? uSi* Vu**i* -* ??<?llAod. ???. 1*^ L par dog., l.llaxop a* 3L?5?" r? ? ^ Quotations ..... a iM. Rap*htnnock. prr qu.it, Mt; fban of lOfrtaad, m Qt-. ?Mc; ?kon <t Vttttak. wr ?(<??. four, v* Mr to ftod, par crste. MM* I par boM. UM?; Nut or _? koab.1. ?1M*; Mmt ?? PW per bwiiol. UM.fi; *iu? m P? ilhitf; country whit* beam, ] LIVE POULTRY?Cbicksa* moot*. par Ik. Mfci ?c fta. p? Ik.. linWc; 4a, J .. spfloc whlta IqtatM, tk. I . 1mtn pm lk. m; do., old kaa ?* _j: docks. Masonry end mm**. pwlk, ? Ok; to. vfcite Pettea P? Bv. ??*: *>?. piHldla. M lb*, and otar. par Ik. Mk; *k. maim, poor, Ik. Mr: pfeaaat OH. par pair. Mk: do., youes. *aMa. BDTTCS-Cmnarr. Weattn aeparator. traa. per Haffa; tola. OaM?; Weatam print. % Ik ax traa, ffetfc; irata. Mane; W?e rrn prtata, 1 lb., ertraa, #>Me: *T*?. MaOr: neartiy ctmboj, axtraa. ?i?c: ?r?a, *?c; dairy prtata, Maolaad, ?c; mk. Maryland and Pronajlfania, aatraa. si.JSc; roUa, Waat Vlrtfala, mum. ??*. lollf. Ohio, axtraa, ?iJ2c. EUOB-Wutara Manlaad, PaunliaoU and naarbj, par do*., lirala.' Jfc; fcjttm tboea Manlaad and Vlntaia, par do*., fata. Sc; Wcatatm (Ohio), p* du.. Mk. 9c; Waat Virginia, per doa , flrata. 33c; Southern (North Carolina), l*r doc, Ant a Be. COTTON MARKET. New Tort. Ma? g.-FTuotuatlone In outtoo I were lrre*ulsr today. Adrfcea from Waahmfton j to the effect that an inreeti*ation of oonditioo* | in the m*iket had bees promiaed by tterretary Houston caused wnr nerrotwie** tad were, referred to quit* frequently during buatnea* hour*. Favorable weather and a bcari*h rejwrt by the National Glnnete' Aasociation canned heavy eelling at the openln* and the tone waa easy with prices down 11 to 37 pointa. "ft?e market waa extremely nervous and Ir regular during the firet hour. T1?e market wae firmer late in the morning with covering more active. The appearance of trade demand for October and the talk of a firmer spot situation seemed to hare cauaed neryousness among Wall Street ahorte who bought continually up to a Bet ad vance of 1$ pcinta, while October showed a ret gain of threw point*. Later monthg recov ered all but a few pointa of their early losses and the market ahowed moderate rtaction* dur ing the noon hour. Heavy purchase* of October by Wall Street intereets caused a flim?r early afternoon market, | The maik?*t showed farther irregularly in the^ late afternoon, with an eaaier tendency under i realising. New Orleans continued to buy July j ccntrarta. The cloee waa atcady at a net aa vanoe of 22 pointa to a decline of 1? pointa. The recelpte at the porte for the day were 4,900 bales; exports, 91? bale*. Spot at New Orleans waa ateady and un ! changed at Wkc; aaiea 1.9* Hput hei% wae ateady at an advance of 55 pointa at *.05 for middling; there were no sale*. Receipt* at Oaheston, ITT; New Orleans, Ml!; Savannah. 383; Memphis. INK Houeton, 2.MJ. Furnished by N. L. fTarpenter and Company. NEW YORK. Open. High. Low. Cloee. January 22.? S3 ?S ?.W March 22.? 25.10 22.85 2KB, July 9.9 ?.?? ?.1? 2U?i October B.9 2? 9 3? 314 December 15.01 9.14 9.00 9.9 NEW ORLtin. Oi*n. High. Low. Clnae. January 22.C0 9.14 21.9 2102 July 24.00 99 ?70 21T51 October COO ttW 22.9 9.40 December 9.9 22.9 3.15 WASHINGTON PRODUCE. EOGS-Strictly freah, 9; average receipts, M; Soutlurn, 3. j CMKKMK-N. T. SUte factory, new. fta9 UL'TTKlt Kigin print, 4SVt; Elgin tub. 174; process. ?a42. I LIVfi rOCLTBT-Rooeteea. per lb. 9; turkeys. Ih., .*?; chickens, winter. 4>atS lb. chickens, spring, 9a70 pet lb.; hen*, per lh., j 9; keat?. \oung. each. 00. DR?afcI> POl'LTKY? Fresh killed winter chickens, 42a?7 per lb.; turkoe. per lb., SlaU; rooster*, pee lb., 9; bene, 31a3? GREEN FRUITS-ArrJf*. Pet bbl. S.'WaT 9-. box, 1.3*1 AOs California lemone. *5ft^.9; grapefruit, crate, 4.?)b4.00; strawberrtca bo*. 15* 3; pineapple*, crate, 100a5.9. VKGETAllLES?I'otatoee, Ne. 1 northern. r*r 100 lb*.. l.SOal.65; MoCormlcka 19al9 per stand ard fcbl ; new potatoes. No. 1. 4.00a4.<55 standard bbl.; No. 2, 3.00aS.9 standard bbl.; p-r 100 Iba. ? :Ai2.60; mteet potatoes, 4 OOsT.CO bbL; No. 2. ;.00s4.? bbL: atring btane. basket. 1.9a 2.50; pepjcia. crate, 3.Ms4.00; okra. crate. S.(Wa 5.9; radiahee. per 100. L9a2L9: cm umber*, l^ahket, 1 50a.">.00 eggplant. 3.00a4 50 crate; cab legs, new. fouthem, per crate, i.5Pa200; beeta, l>er bunch. 4e6; lettuce. 1.00a2.M per baaket;: clerr, 1.09*1.23 do*.;^wrida celery, crate, 3.00, aS.50; romaine lettuce. 1.00*1.50; aquaah. 2.00a 3.00 crate; spring onione, 1.50*2.9 per 100 l unche*; onion*. Texae, crate. l.SOal.TS; *pin-1 ach, 100s2? pee bW.; kale. 1 ?al30: toni?tr*a. Florida, crate. 3.00a L9; peaa, 1.00a2.? per baaket; rhubarb. 16l*39 per \V>. LIYB 8TOCK?Saeep, per lb. ?ai; lam he. spring, 3; calvaa. per lb, 104 a 17; medium, per lib, 15al54; common, per lb., 10a 12. REEDS? Red clover, 9.00a20 50 per buahel ; slsike clover. 17.50al8.00 per buahel; crimeon clover. 12.9*15.00 per bushel; timothy, 4.25a4Si ier btishil; red top. 14.00a1.5.00 per 100 It*.;! bluecrass, J.00?3.50. i GRAIN-Wheat, milling, per bitohel, 2.10al9;; corn, per bushel. 1.73*1.9; oats, white. LOtel.Ol; mixed oats, 17*9; hay. No. 1, 9.9a31.9; No. 2, | 3.9*9.9. CHICAGO GRAIN MARKET. Ry JOS. P. PRITTHARD. fliicaco. May 27.-From the action of the' Corn Market today which declined 5alfc\ trade in that grain seeme to have taken no stock in ( leporta bent broadcast on Friday and Satur day of laat week of big alcohol orders and which are not confirmed. There were no a*]?* of cash oats for export? and only 15,000 bushels reported as taken on domeetic account. Price* were 14*2c lower. No. 3 white w*a U14c \uider the Mav. while tli* ?tandarda and No. 2 white t*>ld lc over the May futures. Oata futures were inclined to softnee* with net declines of Sc for May and H*4c for July. Hi* pvodnrts are now considered u repre senting 16.00 lio0i. Tliere ?u a decline of 25c in hogs at the yard* and the entire list cloned a shade better on short covering. Exports of lard and meats for the week were largrr than last .ear, but domestic demand continue* small. NEW YORK MONEY. New York, May 27.-Money on call opened at 6 per cent; high 6 per cent; low 5% per Cent; elofle ? per cent. Moat of the day "a loena were made at 6 per ornt. ' Tiaae money wae quiet Some buaUwaa waa done in renewal*. Rates on industrial collateral were 6 par cent for all maturities; mixed f% per cant for 9 and 90 day* *nd 5 par osnt for four, five aoi six months. Mercantile paper wae al*o quiet and demand was light 7%e minimum rate waa practically 6 per cent BALTIMORE GRAIN. Baltimore. Md.. May 27.?Wheat?Spot No. 2 red soft, f t2: spot No. 2 red winter, 2.21. Re cei|>ts, 2.91 bushels. , Corn?Receipts, 33,707 bushels; export*, 64,188 bushel*. 0*ta?Dull standard white. 81 aaked; No. 3 wb'tf, 9S asked. Receipts, 38,90 buahel*. Rye-Easier; No. t western export. 19. Hay?Quiet *nd steady; No. I timothy, 31.09 ail.50; No. 1 cloter. mixed, 950a9 9 fi. P.O. FORCES WANT THEIR WAGES RAISED Demand $3. Instead of $2 as Minimum Pay. Minimum wares of the Govern ment Printing Office will be railed from $2.00 a day to tt.M. If the reqneat of the National Federation of Fad.ral Employe. !? granted by the public printer. Comellui Ford. A resolution to pre?ent a ware petition before Mr. Ford waa passed at s meeting of local lodge No. T1 of the federation. An Impressive address was delivered by the presi dent, R. Taylor. Employes of the Government Printing Office pre sented facta showing that- their present wages are Inadequate, in view of high prices aad rent proSt eerlag. The union went oa record as ad vocating an eight-hoar day. in c reused compensation aad better working oondttlone. Mr. Taylor an i to be bald ' ? If1."" ???. '? ?? Army and Navy Newi Enrollment* la the naval reserve for 04 continue la gratifying a um bers, La at wMk the addition* to tbe Mtrvt amounted to approxi mately 1.500, as against 7,112 for tb. previous week. Especially are enrolling offlcera active la the States of the Middle We*, oomp ru in* the Mb, MUl and 11th na val districts, wfcere tbe enrollments last week amounted to MM. Donbt less the draft baa bad some in fluence upon ths lergs Influx Into the navy, Enlistments for the regu lar aavy are still limited to l.M? a WMk. the legal complement be in* filled. Lieut. Emory Wlnshlp. United Stales Navy, retired, who has been on necrultlng dutjr on tbe Pacific Coast, will shortly report for duty la charge of aaval Recruit In* and earollmenta under tbe bureau of navigation. relieving Lieut. Commander B. Root, Unl ted States Navy, who will be as signed to ea duty. The naval appropriation bill as paased by the Senate contains an amendment that Increaaes the au thorised enlisted strength of the ac tive list of tbe navy from to 1I1.4SS and increases the temporary | allowance from the latter number to 111,419. The authorised number of apprentice seamen Is temporarily Increased from *.00? to SiHi and i the authorised number. of enlisted meil of the flyln* corps from SS0 to 110,000. It Is provided that tbe phraae I "authorized enlisted strength" as [ applied to the personnel of the navy | shall mean the total number of en listed men of the navy authorised , by law, exclusive of the hospital corps, apprentice seamen, those sen-1 tenced by court-martial to dla-' charge, those detailed for duty with the naval militia, thoee furloughed without pay. enlisted men of the fly ln* corps, sod those under Instruc tion at trade-schools but It Is speci fied that the number of enlisted men for instruction In trade-achoola shall not at any time exceed 14.M0. which i number Is temporarily authorised. It also provided that the President, at any time during the period of the present war, when in his Judg mcnt It becomes necessary, may tem porarily lncreaae the authorised en lifted strength of the navy, aa pro vided for in the bill, by the addition of EO.OOO men. The Increase In the permanent strength of the navy to 1H.4IS Is barely sufficient to pro vide complements for the new ves sels that are due to be placed In service up to June 10. ISIS, accord ing to estimates furnished by the Navy Department. No change was made by the Senate In the section relating to the Increase of the Ma rine Corpe "as It passed the House, that section temporarily Increasing the enlisted allowance from the permanent strength of 17.400, as al lowed by previoua law, to "t.tOO. Capt. George R. Clark, U. 8. Navy, now commandant at the naval sta tion, Hawaii, has been selected for appointment as judge advocate gen eral of the navy, which poaltlon has bee* vacant alnoe Capt. William C. Watte. U. S. Navy, was ordered to sea duty. Rear Admiral R. M. Doyle. ?V. 8. Navy, retired, will succeed Capt. Clark as commandant at the naval station at Honolulu. ktj. Lewis A. Kline, Veterinary Corps, national army, who haa re cently been on duty In France, has reported for dti'y In the veter.nary division of th? Sjrgeon General's of fice In ^Vaehlugton. Maj. A. L. Mason, Veterinary Corpe. national aimy, who ras also -et-""td from Fiance, has been as HOTEL MARLBOROUGH 36th St.?Broadway?37th St Moat Comfortable Popular Price Hotel In XfW lork City. Mtnated In the very heart of 'owi. near all the leading ?hops and theater*, and convenient to every one mlnafr from Penn. Station nnd Ave mlnutca from Grand CentraL Convenient to all pier*. Rooms with Bath, $1.50 PfSR DAT AND CP. Restaurant Prices M Per Cent Lean than Any O^her Firat Clnaa Reatnurant. C. H. Ruhl. J. Aaron. J. Downey. CHILE BNVOrS MEMORY PAD) HONOR AT SHIP Will Be Accompanied Journey by Joseph H. Shea. on glory combined to do ta Ambaaaador ?antl Sotomnftjr U4 honor to th* 1* ?CO Aldunate aa hla bMtr w placed ?board the Mayflower preparatory to Its re moral to kla native land, Chile. The minor ?train* of moalc. the deep boom of gune. the flash of mili tary draw, flags at half maat to make the funeral memorable In the aalnda of hta Intimate* and frlanda. It la thus that the United State* ttonora minister! extraordinary ud a lahaaea dor*. The cortogo that acoompanied the body from lta re moral from an under taking eatabliahmant until It waa Anally placed aboard the Mayflower was composed of a regiment of United State* Marines, a squadron of United I States Cavalry and the Marine Band. Twelve petty officers of the United Statea navy and one chief petty of-j ttcer acted as pallbearers. $ . Rear Atelral Rteelvra BWy. The proccasion moved through the' Capitol grounds and proceeded to the nary yard. There the accompanying troop* turned out and the coffin pass ed through lines of troops standing at attention. As the body was taken on board the Mayflower the ususl salute of fifteen guns was given. Rear , Admiral Marshall IT. S. X. received 1 the body on board the Mayflower. Members of the family of Dr. Al dunate and Joseph H. Shea, American Ambassador to Chile, who Is return ing to his poat sfter a short leave in this country, will accompany the body to Chile. The ceremony todsy was attended by Breckinridge Long. Third Assistant , Secretary of State: Ambasssdor Shea. . Herbert Jordon Stabler, chief of the division of Latin- American affair* Department of State; John Barrett, director of the Pan American Union, and F. J. Tines, secretary of the Pan American Union* signed to duty as General Veterinary' Inspector for the Middle West and the Pacific Coaat. With the graduation of the pres ent class of the navy bay^ officers' rchool the school will be tranafcireJ j from Cuiholic University, near Wash- j ington* where it has been h-ld all i winter and skiing, snd will ronvinal with a new claas of sbout 'jJO stu dents at the Xsval Academy, At-1 napolls. The course will extend ovef ; a period of six weeks, at *'i? end j of which another class of sbout 2P0 students will be Immediately assem bled. Whether or not the school will remain longer at the Xaval Acad emy has not been decided at this time; but there will be st laast two classes trained during the summer vasatlon period at the Acadamy. 12tk and Arch t rally I. as ta date mm4 aewl y far alabed. Dollar i Day and up, llJt will bath. Table d'Hote Dlaaer. SOe. Clab Breakfast# Me sad ay. Masle with Laaeh. Dlaaer and Sapper. r Wrfte ar Wire Yea* Reservation GRANLIDEN ? sh?tel Lake Suapee, Hew At the Gateway of the White Mountains In th? pin???, tpruces and haiuai ?Altitude 1.200 ft. No. Hay FV ver. Good frolf course; fishing fop salmon and bass cx.ccllent? t^nni?, bathing, boatinf, canoe* Ing; dancing. fine motorinc, etc. The Ideal Tour" Hotel at I.ak* Sunapee. Accommodates 100. Fur nished cottages U> rent. Write for circular to 1*. W. BROWK. 8"**? **?a? be ?***> personally ? BiuCarttoo HotH, ?k (* " Arr., N. Y. City, r.p to Ju Winter f<h?oo: Hot r la Indian Hirer Roekledge. ATLANTIC CfTT. K. J. ATLANTIC CITY, X. J. . \w^rlca'w Famom All-Taar ! _ . , A?BlRf PARK j The ideal reaort rombinir* ! country. Wnu Publicity " ?* A?hury Part X. J. OC EAK AIEM . HOTEL DE VILLE "iVr^Ar ^ , OCKAX VIEW . ? w sqtitpped, mod. rate hotel in Atlan tic Cit> : hinh-firarle table; white ferric*: arch. Private am public hatbp ? nmng aater u> r"om? up- KRAN?'KbE <[ O'BRIEN w 1LDWOOD. n. A. HOTEL DAYTON Ope. Afl Tew. www^ ranniBf ?am. art* f?4* e> MUy; UK ? ?? aw. uaiuv ?erald classified ads al ways BRING results. MEW HAMPSHIRE. HOTEL FLANDERS 13S-I3T West <m M, New York City T?T OFF BROADWAY. .vTh^ri5ht .klB< of ? howl la the rigrfat locality. la the heart of the theater district ?nd adjacent to As ?h orpin* centers. Positive^ P.reprooT Excellent cuisine aad an as c^JPtl"n*1 orchestra. A lares addition just computed, cos* talnlng library, grill aad billiard halL " Haadsvately Farabkri ~ Ma Private Rath. $2.00 Per Daj Upward. From Grand Central Sta tion, cars marked "Broadway*" , without transfer; Pennsyl vania Station. 7th areTdirs with oat transfer/ Bool upon request. M. B. SHARKS. Pi^. 2 without 2 upon requ 5 H. R. vtwww One Block from Pennsylvania Railroad Station. Hotel Imperial Broadway and 32d Street. NEW YORK CITY. Radial Center ol All Subway, Elevated, Surface and Tube Lines ? Near All the Big Shops RATES?$2.00 per day up, with private bath $2.50 per day up. SPECIAL DISCOUNT TO ARMY AND NAVY MEN J. 0. STACK, President.