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The Washington herald. [volume] (Washington, D.C.) 1906-1939, October 30, 1918, Image 7

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Financial News end Stock Market Quotations
N. Y. Financiers Would
Like War Leadership, Ac
cording to Holland.
Whether or not the action of the
Backer*' Money Committee of New
Tork In requesting the banks to in
crease the margin required from
broker* to SO per cent, on all regu
lar loans, with an increase in mar
ina wpon other loans, will result
in restraining the preyailing tend
ency to speculation, femains to be
disclosed. It afcould. It Is bellered.
exert some influence of that kind.
Evidently tha committee -is not cer
tain that this will ctufe the full ef
fect desired, for the intimation is
strongly made that unless this ac
tion proves sufficient, then a further
Increase in m^vgins may be recom
mended
The rerrark was made this raorn
ln? by rne who in the past was of
Influence in the financial dis
trict j.nd of wide experience in
time, of speculation, that it seemed
to aim that the Bankers' Money
Committee may hare been oyer ap
r rehensl ve and that the danger as -
aaclated with heavy speculation and
tbe consequent increase in bank
loans may not be so great as the
committee seems to think it Is. Fur
thermore this authority stated that
if there could be a unification or
concentration of the banking pow
ers of New Tork City in the hands
of one man. and he named George F.
Baker, then there would be perfect
confidence that the banking situa
tion si far as expansion of loans is
concerned, would be well handled.
If there has been unification of
power in a single supreme military
commander, and if there has been
unification and concentration of
P?wfr in the hands of Mr. Baruch.
Mr. Hoover. Mr. Ryan and others
with highly gratifying results, why
might It not be worth whfl$ to com
mit to one individual, who is pre
eminent a* a wise, conservative and
yet courageous banker, authority
for the handling of such proposi
tions as the Bankers' Money Com
mittee was for several days of last
week considering?
Mr. Raker was spoken of as pre
eminently indicated as the one man
competent for au?*h n?i*?ioniv and
power, because in the j.ist he ie
vealed j;reat ability as tt^II great
wisdom in the handling of emergen
cies created by over speculation or
by money market demoralization.
In the panic days of 1907 Mr. Raker
led the procession to the Clearlns
House Association, whose purpose it
was to take out clearing-house ?>er
tificates. The bank of which he was
then president took out a large block
Of clearing-house certificates. Not
one of these was ever used, for the
bank so managed that it was un
necessary for it to seek aid of this
kind. Mr. Raker did this as an exam
ple. He knew that some of the banks
of New York hesitated about taking
out certificates, fearing that action
of that kind might tend to impair
ill* 5*2? . ?f th* ***** But ?f the
First National Rank was willing to
take out certificates, then there was
n^r \hy other h*nk?
not follow that example. The ex
ample was followed and the clearing
SZ? went r.r toward 4
ueving the situation.
Mr. Baker an4fl *r. Morgan.
at * "me of money panic
when the president of the Stock Ex
2^!?^ ,'*r,Ul '",l ,h* demoralf
" becom' "O *re?t that It might
ESTS*'? c'w? ,he door*?f
ftock fachange, Mr. Morgan, having
been informed of the danger, after
brief consultation with Mr. Baker
instructed the president of the ex
fob"ck to announce
rrom his place In the exchange th?r
wou.d, in the courw of ^n
hour or so. be placed on the market.
i* don*. the money panic
was brought speedily to an end
There probably has not been one of
the movements originated for the
purpose of checking panics, restrict
ing over speculation, or warding off
da"t!r" m ^e past forty years. In
which Mr Baker, and. until his
death. J. Pierpont Morgan, were not
the leaders Mr Baker understands
any i,,lnker- ?nd probably
better than many of them, what are
the conditions which lead to specula
tion and what should be the meas
ures taken to bring over speculation
to an end. His understanding of the
credit resources of the Cnlted States
Is profound. He knows from past
experiences that It is almost Impos
sible to prevent speculation when the
conditions are ripe for it. Further
more, he is convinced that specula
tive activities In securities are un
doubtedly of value, providing they do
nQt *? t?o f?r. and he knows how to
prevent them from gains too far.
The I onsrrvatlsa of Credit.
The Bankers' Money Committee,
through Governor 8trong. reports
that It Is convinced that there must
be wise conservation of American
credit, since within a few months the
people will be asked to subscribe to
another Issue of liberty bonds and
very likely when the harvests of
1?? are ended will again be offered a
new issue of liberty bonds But the
financing of the Fourth Liberty Loan
does not seem seriously to have en
croached upon American banking
/rredlt. *
When the speculative impulse be
comes very strong It is almost Im
possible to restrain It. The banks,
of eourse, may limit It either by In
creasing rates of Interest upon call
loans or by demanding very large
margins upon the loans. Neverthe
less. in times of great speculative ac
tivity. restrictive action has not al
ways been found sufficient to prevent
speculation.
In civil war days, at a time. too.
when the government was seeking to
market large issues of bonds, and
when It wss said to be necessary
that credit resources be conserved-,
nevertheless the people Insisted upon
speculating. There occurred at that
time the extensive co-called Morse
speculation, which could not be
stayed Notwithstanding vigorous ef
forts to check It. nevertheless the
movement proceeded. and when
credit could not be obtained cash
wss utilised as the medium of specu
lation.
tt may be possible greatly to limit
this present speculative Impulse, and
vet the reasons for the impulse are
strong and money conditions In
the United Stares are so good that
speculation Is likely to continue
HOLLAND.
WASHINGTON PRODUCE. * I
EG*?S? Strictly frw6. **!??, flo averace r*
(?HlXm. 58; cotd stora**. 45*
''HBRAR-Swt York 3tat* factory, n*w 38.
BtHTER?H?Jn print. U; Ei^n tab ?3
UVK HUULTKY ? HrxMtrr*. jw ' a.
tatn.. v tv. *^s. <winr ^ ,b
^ ?> . *. k?u. Twins, nj n*.
DIUIID POI LTHT-CVftb *11 ltd ccnob
per lb . 3t: bens, per tb.. a?41
nt-rr ApiAm. ps hhi.. imi?
form*
H.I
75c*2.00.
1'W-* per box: grapefruit. \
V BU BTA BL1W- Potatoes.
aid bW.; So t t-OOalSO
PV bhi.. 3.00*6.09.
o*r*. enu.
1*3. cucumber*. baa. IOC*2.50 eggl*iarts. 73c$
' orate. cabbage. new. 100 lb*. l.lOai.Tf; ^
per bunch. 4a0 lettuce. l.Sa'S. per
lotaiuw, r.eeatoy. IW2.00, pe*e t0&*0.?
; buM; earn, 10*91 prr doi lun
Qt.. *aJ?; wm potato**.
, oelery. 50a 75 per buncu.
I LIVE STOCK mrnn. r*r lb. 'aS: ;
Mall. hoc*, heavy. IS. oalvea. I0al9. n-edi.a?.
? '.Sal*
SCBr>?-Clo?er. a Matt par buahrl, timo^f
; 5.15*5.50 prr bushel red top graaa 4a-0 ???
pound; blue grass 3.0
[ crut. SM par huahal.
HEAVY SELLING
SINKS STOCKS
!Cut in U. S. Steel Dividend,
Announced at Close,
Is Depressing.
*7 BROAOAN WALL
New York. Oct. 2?.?Liquidation
Sun the previous day continued
NEW YORK STOCk MARKET. *rou?h today's atock market and
? ? 5?re wai no abatement of the ?eii
44
ere waa no abatement of the oell
lOuoouoo. turettt-d * W. B Hibb. A C*l K up to the end of the ?e??lo?.
High !?? ciae* ocks that had been pool favorites
014 604 r the last two weeks were most i
>avlly sold. For this reason Mix- j
.* an Petroleum showed an Import- i
decline. *
?as United State? 8teel was heavy j
(Ting the entire aeosion and after
ts market closed the directors an
ainced a reduction of the extra;
didend. placing: it at 2 per cent
iitead of the usual 3 per cent. This
ruction places the stock on a 13
p cent annual dividend rate ln
57*4isad of the 17 per cent it haa been
uui'
AJV Rumiey pr
Alaska (iohL
I Alaaka Juneau
' A ilia Chalmers -
J Amertcan A?ri Chemical .
j American fWt Sugar ?..
j American Chn.
American Car A Fttry
American Car * Fdrj. pr
American Ootton OH
American Exprasa
American Hide A Leather
American Hide 4 Leather pr
American lee
American International
American Unseed
American Linaerd pr
American IxxcnotlTt
Ameriran 8m. A Ref
American Steel Fdry
American Sumatr*
103
O
K4
110
ct
91
1*4
80S
?s
M
404
7*4
?4
24
V
MB
fi*
?4
American TV. A Tetag
American WnoMn ...-.
I American Zinc A Lead pr.
j Anaconda ?...
Atchison
At eh moii pr
a. ?. a w. ima.
Baldwin Locomotive
Baltimore 6 Ohio
Het!?!ebem Steel
Bethlehem Steel 7 pet. pr
Beth them Steel dam B
Bethletiam Steel I ret. pr .
Barrett Ob
Brunhfcm Raptt Tranatt.
Brunswick Ter
Borne Brother*
lit
IIP*
ri4
ws
04 >*
1114
07
TO
904
T04
1094
10i
?14
W4
1?0
1 Butte Superior. ?
I Hrttencfc Ca..? 1?4
' California Pkg 034
California Petroleum 114
California Petroleum pr 04
Canadian Tactile
Central Fdry. pr...f 30
Centtel Leather <?* 0&%_
Cere tie Pasco. .T...7 "aHfc
Chesapeake A Ohio SS4
i Chicago Greet Weetern 04
! Chicago Great Weetem pr . 314
I Chi.. Mil. A He Paul . 49N
j Chi.. Mil A St Paul pr ?4
Chicago A Northweatarn 10S
C.. R. I. a Pad?e 2T4
C.. R. I a Pacille ? pet. pr ?
C.. R. I. A Pacific 7 pet. pr. SI
Chile Copper Z2S
Col. Fuel a Irur 41
Coloaalaa Gaa 304
Con. Ga* of New York - 1004
, Corn I*rodncta M
J Crncibie Steel ?4
(Cuban Cane Sugar ?
Cuban Cane Sugar pr II
Deere A Co 90
PH.,- Laekr a Weetern #*
Denrer A Rio Grande pr .
Iielaware A Hudson 1144
IHatillen*' Secnr- 404
! lv*ne Mining 144
| Erie Railroad T7\
. Ene lat r* ?
Fed. M. A Sin. pr 40
Usher B?Jj 414
I Flatter Bodj- pr 004
I r.Mton W, A W *.
| General Ci^us pr
I Ger er*; Motors. 1314
j G.-xdrieh (B. F.| 564
; <?ranbir Con. Min E
| Great Northern pr 044
j Great Northern Ore ?4
' iirean-Cananea SS
Golf Statea Steel 1\ {
j Inniviration 564
Interborough 04
| InterbonnigU pr 35
lint. Har. Cor. <newl l<*
i International Marine ^30
i International Marina pr 1204
I Irternational Nickel 24
j InternaUonal Paper 334
Kanaaa City Southern 104
1 Kennecrtt 404
Larkawanna Steel 744
Lee Rubber Oo CD
l/*high Valley ?l
Linrett A Mjeta pr 1?
Lot se- Wiles ?0
Maxwell Motor 34
Maxwell let ?
Maxwell 3d 27
Mexican Petroleum 1T3S
Miami Oupper, r 59
Mhiral* Steel 404
f-*nn. * St Pwil A ??. 9 M
Miaaouii Pacific 204
Miuouri Pacille pr 50
National Acme Co 304
National Conduit 104
Nevada Copper 204
New York Airbrake 1134
New York Central 794
IN Y.. N. H. A Hartford 40
N Y. Ont. A Weetem 224
I Norfolk A Wartern 100
j Northern Pacific >34
I Ohio Cities Gaa. 444
Ontario Mining 74
' Owens Bottle 504
Pirtflt Mil 8. B 31%
I Pan-American Petroleum? 70
Pan American Petroleum pr. 1214
{ Pennaylrania 404
I'eoplea Gas 51
Pere Marquette IS .
Philadelphia Co 354
Pierce Arrow. <7
Pierce Arrow pr 99\
Pierea Oil 1T4
Pittrtmrgh A West Virginia. 304
Presaed Steel Chr 6S4
l*reee Steal C4r pr 9T4
Pullman Car 134
Railway Steel Springs 0T4
Ray Copper 344
Readme Railway 904
Rep. Iron A Steel 044
Rep. Iron A Steel pr ltt>
Royal fMtch 1Z3
St Louia A San Frandaco. H4
Savage Arma 04
Saxon Motor >4
Seabuard Air Lioa 04
Seaboard pr. tl
Seara-Roebnck 182
Sbattuck-Arizona ^..i. 104
Sinclair Oil A B 9%
SI ass-Shefflekl 80
Southern Partflc. 1004
Southern RaHway...4........ 304
Southern Railway pr 004
Studehaker <1....* 10
Studebaker pr. 90
Stuta Motor Co ?.... 43
Tenreaaee Copper A Cti IT
Texas One 1?
Third Avenue 10
Tobacco Products 784
Tnion Pacific 13*i
Tnited Cigar StAree 1004
failed Drug T3
United Fruit 1*4
United Ry. invee...* 104
United R?" Invea. pr 104
U. 8. Alcohol 10*4
C. 8 Ka raaa ]?
V. B. Realty A I ?
U. S. Rubber ?4
U. S. Rubber lat 1024
P. S so A Befng ?
T. S. Steel.. 100
U. 8. Steel pr 1U?4
Utah Copper...i 904
Virginia-Carolina Chemical . 074
Virginia Iron Coal A Coal. . 714
Wabaah 94
Wabash pr. A 30
Wells Fargo Eaprsaa 79
Western Man land.. 14
j Western Union 904
! We*tingbou*e 444
Wheeling A Lake Erie <?4
WKaon A Co 024
Willya-Oterland 23^4
WTIlis-Orerland pr 03*4
Worthington Pump 04
414
91
104
794
40
57
404
704
604
?T4
91
1004
1114
100
904
604
7I>4
90
044
104
02
so
70
106
HC4
41
104
150
ft
10
434
21
H6
44%
to*
100
43 >
01
CHICAGO GRAIN.
c
304
JJ^jpiing: for nearly two years. But i
lyjjtl steel company set aside $101,
Ifv3^i347 for Federal taxes and after
9i4jt* showed net earnings of $42.- j
I00ilt<)89 for the quarter.
11341 he Steel dividend exercised a de- i
1004 prying: Influence on the atreet, for1
;th reduction was entirely unex- i
704 P**d 8tatementa have been pub
93 -iisd recently showltig that the
M4 coo rat ion could maintain the rate
ioo jfr? which it haa departed. The!
^"nlice of surplus for the quarter
tied forward amounts to $3,840.
[lihnd it would take $5,083,025 to i
extra 1 per cent. The off-set
(forixes ia liberal, but that amount!
iljRiff been set off a reduction of \
|Ke ividend became necessary. It J
<j*nl*o be added that the increase
Of light rates has cut down earn- |
iogtof the company to such an .
_ OOUft that even on the basis of,
21 lRgt?ar'a taxes the company would ]
to ative as good n showing as for
m:
* opinion of most stock-mar
k?t nervers the price of U? 8. Steel
30 scounted the reduction of the
g\4' dlriad and it should have no fur
244 i tSrinsettling influence on the j
494 marl
104 irrra' "Call" Starts Reaction.
274 | As ported in this column yester
| dajjf. e governora of the exchange
* I cAlown those brokers who had
^ s J bA iduly active in the specula- |
394 ti^K .ovement of the last two |
1004 ! w4pU That was what started the ,
424 reSbi in the market. In order j
to 4|iaver what basis there might I
^.be' fo-hartrfs of manipulation of |
%*Me*iea Petroleum. all brokers'
112 | wef# guested to send to. the ex
chang* a list of transactions on !
bps of the nvixket between j
ind October 18.
im boq?
Alii
v^RT.r reet is wondering wlietTver j
' the exange will examine this in-j
? ^or#ti when it g?*ts it. or ]
I whoSieit will ignore it as it did !
Ithe^ffts regarding the increase)
I of l^Mlt has been suggested that
tB'ehange members feel it is'
?<Uc4 for them to look at the
I f Arms making reports
j^0kld appoint a committee
?ested business men to sit
?nt on such matters. It
Jiquestion of time anyhow
fti public will demand h
Review for
%11 Street.
financial mat- j
URB STOCKS.
29. -The r^irb apparent I loat !
ibujsnew proai?rU, or the ?peoi
ifor war order* insuea.
there w a little trading in '
at 74 ami' 74. although the
*ht atoHt are offimally iwrrtel
0 rate of a share Wrigbt
154- Oil stock* were (airly ac- ,
%at important hullisli interest 1
4 thnea itock.* g<n?rall> x>?ne<]
in?ement from the high range
MtdweM ranged from 1M j
wan trade! in at 74 and 74. |
?li ateadv. %? I ling at 334 to >
Aetna
Air Ker<
Aniericaia
AtlanUc
Harnett
Big 1^
B<iaton
Huttarwo
Caladmuai
Calumet
Canada
Carbon
07% Car Lighl
118 } Charcoal
4*4 j Chetrolet
60 j Cities
IS ! Cities
344 1 OanaolidalL
4S | ConaotidatO
W4 i Coadaa
IT% j Cosden
304 j Crampa
oov? Cieaaaa
974 I Crystal Caj
I3B*? Curt ins A*.
?4 ! Oarla-Da'.y 1
hL?hed by W R
Paper com.
Hibb* A On. j
Bid. A?ked. ?
74 S
Mkwer
1 1110 2 13-10
214 I
?M?J
By JOSEPH P. PR ITCH A RD.
Chicago. Oct. Darlinaa in mm amounted
to 2at4c today Noramher and Decemlwr re
acted freta the lowest lerHa reached.
While peace talk attracted much attention
I in the gr*in market, it failed to act aa a
factor in prior-making
| The buying of November nata waa led by
I>etibeigh
klk Baain
Kmeraon F
tninia Ccp
Fe<l era!
First Nat
Olen Rock
Goldfleld Q
tireen Mi!
Holly ftxj
i^olly Sugar
Houston Oil
Howe Sound
HuH Co
Internatiooai
Island Oil.
'eroine Vei
Jim Butler
J tun bo Extei
Keystone Tl
Lake 1\>ned<
Magma Cop
- . -Mason Va*!
,2Jk ! M11
2* Oil.
1?4 j Metruiiolitan
3 I M'dwest Oil
1404 j Midwest Oil
JJ Midwest Reflr
1 Mitchell M
^4 1 Motherlode
? f J'Nartng Mini
^ I North Amen
*4 Northeastern
"JW? I Ohio Copper
^(Oklahoma Oil
"? I f)W?- IH A
1114 - <>tanulcee Oil
**4 ! Pacific (Ja*.
* j Mot
1. 1 T Her"tlea
04 ' Red Warrior
J Rquir
JJ I 8t. Jf^r,^ j
1* Japulp* Com
J4 wquov ah ,m
*J4 Sinclair Gulf
?4 suadard M
^4 submarine
2? IS?*"1 x"nit?g.
l^aopah l-ittan
^ Mangle Him
I Tri Builirm..
I United Kiam
}i' ? U**t and
I J,- Ught and
, United MoOora.
, t?itad lYnOt Shi
j J- 8. Steamahip
J-nited Varde.
j Vrited Wentem
.United Zinc
I Victoria Oil
Way land Oil
of the larpr oiauniaaion houara in the : Wright Martin
trade, which reflected the galea
tor Kaatern ^hipaaent or for r
in? ct this future was largely
aeoirtng rrodta he long*.
When the heariah intoiancoa aurrousdlng
are t>tk^dered the decimes of only 4 to
of cash oats ,
. The ?ell
the way at;
West Knd
%e New Tork. f?rt.
i Wail Street. Li??
COTT
ETS.
ling, attributed to I
al inierasta. cwC- I
ton showed renewed weakness today, wrb deal
ing* amail. The (ai)ur? of u? mariu* to raact
UUliafcOy to what are believed to be peace i?
dlcatioos undoubtedly baa made 4 cocaidwmfle
impreesion upon eeotiment. but steadiness Ut u?e
?pot article, hi the face of rapidly accumulating
mpiMm. i* attributed br many to confidence
In an ultimate outlet. No experts hare been
reported so far this week. More talk about
the money situation a? a factor in the decline ,
in futurities was heard. Another thing men- |
tinned iu connection wUtr the motemert down
ward was deflation. Receipta at the porta for |
the da> were ffi.ms bale*. c-nnpared with 34.0-1
ha lee a week ar>. and 4i.4t4 belee a year ar>. .
stork, in New York are ?.646 balee. agalnat
47.917 balea last year. 1
There were no exports for the day,: ror tne ,
season to date the clearances amount to 9?.00t
hales, against 1.w.6&1 bales in the correspond i
ing period last season.
Spot at New Orleans was quiet \4c lower at
30c. The salee were st5 bales, Spot here was
quiet at a decline of thirty-Are points at 31 36c.
for middling. The sales were 1.300 bales.
Receipts at leading porta were
gal?e*ton, 8.e1; New Orleans, 9,181; mobile.
183: Saiannali, (.96#. Charleston. 1.749; wh
uiingto 744; Norfolk. liil* awfuafe
Memphis, ?.?? St. Louis. 2 90S
Furnished The Washington Herald by N. L.
Carpenter k Co.
Nr.- York Open. Iltfh Low. Clou. ,
Jaruarj ?? ?.? *7? a.? |
muck ? *.?? *? a?:
m?, a io a? s.oi ;
J?1, 28 m k 28 27.w ?.?
iximmbet VTO ?t0 ?.? 3.41
Nrw Orleatw.
January 28.8# 38 20 27.t1 s 80
March *.w sf.8? VM *.m
may b?1 ?.? r.? a t*
december . ?.8o v8.6s 2s.'.2 is--?
Washington Stock cicui|?.
i
HALES. |
(upsui Traction, 10 at 8*\. 1? at we. 10
at ?th. lft at WVa. 3 *t *.
Washington Hailway com., w at 48, 5 at 48,
} at tt. & at 46 5 at 48. 4 at 41.
Commercial National Bjnk, 10 at 190. 4 at
199. .
American Security and Trust Company. k> at
21C. m at ti4.
After call:
Washington Railway pfd.. 3 at 74. i
Capital Traction. 10 at 8s1*. 26 at 86. 10 ?t
M. 10 a* 86.
l^anston. i at 58V 10 *t 56v
gau BONDS.
Bid. asfcm 1
Georgetown Gas * |
Washington Gas 5s 95 ?????
Columbia Gas snd Elec. 5s?.... w ?
Col. Gas snd Elec. dab. 5s........ 75 w
ka1lruad bunds
Capital Traction 5s 97 *'?
City and Suburban 5a ? ? ? ?
Metrtpolitan to * w |
m'scellaneol 8 BONDS
Potomac Electric aons to 94
Pot<*nac Electric l*ght 5s 96
Potomac ?:?ectric i'ower 6s ......-.1 99.1.
Potomac Elec. Power gen. 6s 95 .|
Chesapeake and Potomac Tel. 6* 97h * J
American Tel. and Trigs. 4s 8.
Amnion Tel. and Telga. 4wa? 88 90 ,
Am. Tel and Tel ctl.Tr.5e - 92 Ks
Am. Tel. and Tel. Ctl. oon* ?? ? * w %
Am (?raphox>hone 1st
100
D. C. Paper Mfg.
Washington Market 5a. 1927 *
Washington .Market 5*. 1947 96
W. M. Cold Rtorsg- 5a 94 .....
8ec. Stge. and Safe Dep. 6s ??!
Norfolk and W'aah. Steerabost 5a.. k?
Riggs Realty 6e llon^) 180
Riggs Realty 5s tabc^t) 180
itblic UTILITY STOCK"?
Cspital Traction *** W
Washington Rwy. and Klec. com. 50 <0
Washington Rwy. and Elec. |^d.. ?44 . TO
Norfolk and Wasli Stesmboat. .. 115
Washington Gsa ?*4 44^4
American Teh and Telga
_typ* mxchink rtocbh.
Mergentbaler iy? 137
lAnaton Wl* ^
laan?ton Scnp w ,
MINING STOCK.
Greene Cananea m i1
NATIONao BANK tftvhj**
Amerlcar. .^--145 . .j|
Cental i
Columbia i
Commercial 1*^ ' j
l^strirt . i52
Farmers and mechanic*' 230 ?40
Federal 1*
Lincoln |fi?
National Metropolitan 1* ??*1
ris*. *? ^ l"
National Bank of Washington 230 j
Till ST comply STtX'KS.
American Seenrity and Truat I'M 220
National Having* *nd tnist- . *^0 ? i (
1'nion Trust i j* i,
Washington loan and Truat *231
(Vsitinental Trust 1'4 1? .
SAVINGS BANK STOCKS.
Home i
Bank nf Commerce and Sa?lng?.. It |
blast Washington ? 11 ????? j
i'ecuritj sarings and Commerdal.. i7i ..... j
ribfc iksluanck ?toc*? r
Arlington 8
Corcoran **
tlremen's i
German-American ? ????? j
National l'nioo ..." ^ ,
TITLK INSURANCE STOCKS.
Columbia * 5 I
ileal Estate **
miscellaneous stocks
(*har?in-Sacka * .. 180 j
l>. C. Paper Mfg. Co 90 [
Merchants' Transfer and Storage-- it?
Security Storage 1? ..-x.
Waahingtnp Market 16* ...?
?ex-diridend.
BALTIMORE GRAIN.
Baltimore. md.. <?ct. ?.-wh?AT-Bpot, No.
2 ml winter. ga*lick>. t?\. spot. No. 2 red
winter. 2.23m2.34. Receii*a. 129.s6 bnsh^la.
CORN- Reoeipts. 1.715 Hishels.
OATS-Steady; standard white. 81: No. 3
white. 86: rec.ipt*. 5.015 Isishela
Rye-Firm; No. 1 Western export, 1.76w; re
i-eijits, 1' 7'.3 b*isl?eU.
HAY-Firm, unchsnged.
M?? Oct, <*?? 4001
nM imi>? todaj TV.*4 ?* folia*.
in M*?c. a". d'l ll T w^'
*-?. ?w ???*: Bl^:.a**; si,, ?*
?? I lb ..tn. *?e d?.
?fc; B*rtl> tBUMO, WW*. ***<? ??- ."V*,
54.JV dgln Print*
and Virginia. eltra?. W*t2c. do. or*" ?
?tore packed. first*. STa38c ,
BliUM WNtm M*rjl*?>d and
*nd n**rt?. I?f do*. **'
of MarsUud .and. Virgin!*, i?r doc ?!?<?. ?*?
Ohio. per do*. Brat*. Mr *** IH! ite
dos. 89c: Southern (North Carolina). P" 401
ftrp')TMtJM (l"ot*to?, Mil *T !?
White. Wctm. M.ryUnd ind
1.50^.00: New York N? V
lajutn Slum. 1.00. do, J*r*ey*. SM IM-'"
?ck tSarW; aweeta. yellowi, North Cmo
Una. per WV. 15*3.00. d. Ann. Arundel
,.r baa. SO. ; Eastern Khnw <*
Delaware. l*r bbl.. 11W2, Virginia.
)*m? fancy, bright I?*e bbl.. tIM.?
GRKKN KRIITS AND VBUKTABLB8-A*
plea? Eastern Shore of M*rr?*nd ehoto. P"?
bbl 2 00*3 00; do do, ordinary. W M", l-*2-"'
do," do, I? * bbl bu. TScl.M; <Jo. ?? I?"
8t?t?. Ko 1. Per Ml > 00.?-?0: ?o. w**?"
Maryland and. PenMslranla. l*cked, p? ?*>'.
IWI?; do. No 2, p?r bbi . lOUaiOO; do P?r
but bae.. I 00.100 heana, natHe, erren. P~"
but 30a3c. beeu. nallte, per bunch. 6e8c ca>>
bage. I" 100. 3 00.6 00; do. New York 8UW, per
t??i aO.OAaSOO; celery. New York. l*r do*. |
nil Ik*. ; corn. native, per doa. 15a?c; eg*-1
plant#, natire, \*r baa. ?a40r; grai?e*. \
ner 4-Ob baa. Oa*r; do. Niagara. ier 4 1b baa.
flaffC do. Delaware, per 4-lb taa.. 2fta27c; kale, |
i*r bun. box. ? . lettuce, naUte. ner
I*.a. boa. SQaSOc, do. New York, i?et box.
1 50 Hma beana. per bu*.. 1.00: do. per 4?
1 aa S0t , onion*. Ntw York and Weatern. i?er
101 11* 1.50*2.00: do, Maryland and Penn
l? lb*.. 2 Mai'60. teara New \??ek. BartlaU. |
per bbl., 7.COa9,On; do. Sheldon, per bbl., "?a |
7 50; do. Kiefftr. p^-r l>aa. 2fta30c; do. per bbl., I
??00*5 U>; | epi er*. natl**. per b**.. >*? i **nac ,
native, per b?a. box. .*a?c; tomatoes, na^te.
rtpa. per baa.. 15*7V do. per measured bu*..
to*:* - turn>1*1. i??ll*e. t>er bua.. :Xk40r
LIVE POVLTHV- CWrkhia. >ounf. lar?e. per
lb 30a21c: do. do. medium, ier lb.. *Slc: do.
do amalL per ^b.. Re. do. rounf. White l-ef j
h< rua P+ lb., ?r d?.. jounf. b? exwa I*
lb. 30r; do. old roofer*. i*r lb.. 22aJc. a?,
rid hena. o?w 4 Iba. i>er lb.. 30r do. do. amalK ,
n*r lb.. ??; do. old White l>efb.?rn ben*. X*+ i
lb 30c; duck*, \!u*c*.?y and moufrel. younf.
?v-r Ifc.. 3^ do White TVttna Jtwnf. per
lb., 30aMc; do. pudd e. T* lba. and oter. per
|h.. 3*XV . do. do. smaller. ioor. per b.. .*a j
ZJc'- tixrke\?. thr-ice. youflK. 9 lb?. and orer,
per' 4b 37a38r. |*?eon*. oM per i?ir. 2fc . do.
*oung. per p*<r. 3r; e-.inea >???.
1\ lb*, each, Uk-. d?. do. under l\ U? each.
40c; do. do. amaller. each. 30c. do. do. oid.
?ach. ?
NEW YORK PRODUCE.
\?. York '><* ? BfTTKR-KMui. |
cci^U. n -09 ra.-kw? hi?l.,r th?n .
ntni. mu.m ""?? '? ??(
flrstA. W.57 l acking ?"ck. ciml m?k?. so. |
^ k>H;h- Pint: irccipU. 8.HJ ruK?; f>??h
Wlbr?d ett?..
?u. nrat., siw? do. (im?. !UK, 8U"- r*""
and ?.??>? b?MP "blW.
fin. to 1u*c\. ao.?. Kt?t,. rron.5lt.nl* "J
nearby h?rn^> bp^tn*. M*e*, do. f*ther?l
l?r.wn? *nd mn?d color*. 52*E. _
CHf^KSE- Im*ul*r; ricript.. 2135 noic,
m.tc fM?h ??cl?l?, avk*3. do *TCr*?? ran,
SIX*?
Itiri.TUY u.' irr.r.1*' chicken.,
(mill, a**! "Id n??ter* 2; t.irk.j,, ?*??
Dmwl. dull; rhiiken*. ?** tvirkej*. 40it.
?tin r j*ice* unchanged.
PHILADELPHIA PRODUCE.
PbtUdclphi*. <W- J-BI'mn vW 1
. re.m. r, ? nr.. Mc do. high ?->rmi !***?
StaS'.c (the l.tt.r for jobhin*
3T,5T<,c. Bret. ?.Mc; "?ll ^
rt^-,;r iveet .Teuncrr, chotc* end farr..
fair t.? irv'd. 56a^ ladle*, a* to quality. 4a?r;
,.ckin? *U*"k. ?tlc; (*rvr. br.Nd. '^"T"b'
pnnt. y ht.i..? *t *".?6r fair to food M*<3r
EftUH- Nearbt (Int. I?00 l?r cr*t. nrarw
o.TOrt re,*ll<a. IT TO per cr*te; e?co?la. li*
1?? inferior lot. lo?er Wecrtem eitr. flr>U.
Id 9 per crate: do drat*. 1T.1? per crate: aee- ,
o?d.. 1S.!0?1?.?: interior low bnrer. ?"*??
w* eitra. 14 10: "rat., '"JT
U 50 fanct eelerted, carclull. candl?l freeh (
ruca were ,,hbtn|r at f?aR>' 1? dc?en. I
IIVK I'Ot'l.TRY Ko.l. not l.ejh.wn?. u
Ruling to quality. |
Fowl, 22 S3,' xprtne chickco- not Leghorn*.
.ccnKlitic to qualltT. >" ? ' 1'2,,r,,.
rhtcken- a* to q.ialitr. 30.32c roo.ter., 2t>?
Tiiick* I'ckin. 3a.uk-: do. Indl.n runner. 2la3c
tmkfta. JtaSto: rnnea*. .oonf. per pair. wei?ii
log It,..' lb. *tar,*. l.iBal.S unaller >iac?.
R0a95c; guinea*, old. per rair.
old. per fair. 30.3V" do. young. V" !?"? ,
POTATOES-White potat,*a. E ?ern J-lioce.
per bN. No. 1 3.50.4 SO: No. 2. K??!50; do.,
Jereey. :?r Stan baa. No. 1. I.OOa'.lS. No. . |
50.-5C- do Jeney and IVnna' l.ania, i*r 100
7r <;r.en' Mountain. N?. 1. 21?.3,00: -iianla
v,, , ?.?a'_74 No. 2. 1.90aJ?: awect potato",
"leraey. "per !?.. No. 1. Mr: S?. I ***
,h> North CaPlina. per bbl. No 1.
No. ? 1VU5: cull*. 1.00: do. Bulrm tyhore.
p? bbl. No. 1. ;.7ia3.g; No. I. l.S?al..5. ,
* U. S. Steel Cuti Bonu?.
N>w York, Oct. IS.?A reduction'
of the extra dividend from 3 tn I
per cent In addition to the decla
ration of the regular quarterly divi
dend of 114 per ?nt b>' 'h?
States Steel Corporation todaj was
interpreted by Wall Street f. pre
satre a further reduction of the ex
tra dividend The regular quarterly
dividend of \\ per cent on the pre
ferred atock was also declared.
"1 haven-t slept for a month."
That's too long for a person to
sleep"?New York World.
evf.RETT TRUE
BY CONDO
aft6r this
don't insist
on cmclimg mck
the pirrrormep
wincteen timfcs u*hgn v~
hff mas nothing furthctk.
to opfer than a bow and
a grin 1j fcvea?t>y's
cvaiTinc ro** tmts" ivs ?j__
n^xt number !i .ja*_
"Over There" with the Yanks.
i
U ' 1 I ' 0 p. '
."It's too had can't drive. Herb; look It th# tim? we eoold wrt"
WAR PARTING OF NAVY BRIDE
NOT SO SAD AS IT SEEMED
The stern call of duty carried off ,
a bride yesterday and left a resigned |
bridegroom behind, though the other j
way around is usual in these days j
of war weddings.
Kissing her husband of a few hours
farewell, Mrs. Harfy L. Coleman,
yeowoman. U. S. v boarded a train
.laAt bight and returned to her pojt
at the Brooklyn Navy Yard. The
yeowoman was Miss Florence B. Son
enthal before the marriage ceremony
was performed yesterday afternoon
by Rabbi Silverstone.
The husband. Harry Coleman, alio j
has the privilege of adding U. S. N. J
after his name. But the point of 1
this sad tale is that Harry is sta- j
Honed in Washington and his bride I
in New York.
This tale is pathetic because after I
the marriage ceremony was perform- [
ed we cannot May "they lived hap* |
pUjr ever after." It woald be ma- i
ligning them to say they lived har- '
pily ev*?r after, when the first thin? !
they did was to separate.
The bride was surprisingly cheer- '
cember 1. and who will reach the |
retiring age on December 1?.
Rear Admiral William Ledyard I
Rodgers was well known as Capt.
Rodgers. who lived here at 1710 N i
street, with daughter. Miss Helen 1
Rodgers. about the time the United
Slates entered the war; he was in
charge of the I". S. S. Vestal. Now
adays. of course, no information as
to the whereabouts of naval officers
is given out. Miss Helen Rodgers
has been ip New York , for the lasr j
year or id. %\
Mrs. George W. Vanderhilt. who has j
been at the Shorebam with her dauph- I
ter. Miss Cornelia Vanderbilt. has ;
gone to New York for a short stay, j
She has. however, left her car and f
her chauffeur at the disposal of Lieut, j
Howard Fisk. for emergency influ- i
enza work, in which she was greatly
interested %^id to which she gave j
her own time and services with busi
nesslike regularity while she was !
here, reporting every day at Webster
School for service during certain
hours, and frequently working over- |
time.
Lieut. Flak is badly in need of more '
help in this direction, and will wet-!
come the loan of motors and th^,
services of chaufieurs to transport"?
doctors and nurse* and needed relief
to the many influehza caaes which the!
Public Health Servioe is still caring
for. Many of those Who had volun- j
teered when the epidemic was at its1
height seem to think that they are !
no longer needed?which Is unfortu
nately far from being the case.
Miss Sarah Nelson, the debutante
daughter of Mr. and Mrs. Alexander
Charlton Nelson, of Baltimore, wilt
come to Washington to spend the
week end,' where she will be a mem
ber of the house party to be given
by Miss Lucy Flather.
Mrs. Hamilton Wright, who spent
the summer in China and the Far
East, has returned to Washington and
is at the Connecticut for the winter. \
Her residence. 15T1 New Hampshire
avenue, is still occupied by Maj. John
W. Prentiss, of New York.
Maj. and Mrs. Rupert Hughes are
entertaining his brother. Mr. Felix j
Hughes, who has joined the Military
Intelligence Service.
Mrs. Robert M. Thompson is re-1
covering from Influema. which at- ?
tacked her after she and Col. j
Thompson had returned from Fort {
Ticonderoga. N. Y.. where they were
guests of their daughter, Mrs. Ste
phen H. P. Pell.
Miss Lota Robinson, who spent j
the summer in California and who
has been visiting her brother-in-law
and sister. Mr. and Mrs. Richard j
Morton, at-Severn, their home near
Annapolia, has gone to New York, j
where she has been livlnf for sev- j
eral years.
' I
Lieut. John Dee Van Wagoner, U. |
S. A., having received orders to re- j
port to a port of embarkation, his ;
bride, who was formerly Miss Fay j
Hull. ha? returned to Washington
and is with her mother, Mrs. Pey
ton Randolph Hull. The young cou
ful about it. In fact, her cheerful
ness at her own wedding: tan aome
what irritating. 'i
"But don't you know." aaid the
irritated one. "that you have en- i
listed for four years, or perhaps you I
will have to postpone your honey- J
moon until after the war.**
"I grant that." cooed the bride,
"but really patriotic people are will- <
ins to postpone honeymoons until;
after the war. There are plenty
doing; it." j
There was more talk of the com
parative validity of the marriage '
certificate and enlistment papers, of
the relative strength of the bonds j
of matrimony and the ties of pa-H
triotism. which wound up nowhere.
Finally the bride disclosed the
reason for her indomitable courage |l
in being willing to go to the aid
of the whole United States navy,
and brought sighs of relief to every- ||
body around and about.
?'Don't worry, folks." she aaid. j
"I've already applied- for a transfer '
and expert to be back in Washrng- j
ton in about two weeks."
pie were married last Thursday
and had but a four days' honeymoon.
Mrs. Van Wagoner will resume her
position on the faculty of the
Friends' School, which she held as
MIk? Hull.
Judge and Mrs. Fenton W. Booth
announce the en?a?? ment of their
daughter, Marian, to Mr. Le Hoyi
Baldwin Miller, of Indianapolis, lnd. I
The wedding will take place in the !
presence of a few intimate friends j
-.nd relatives at St, Margarets Epli*
cf:?al Charch on K4>u>d>< Vniar
ber. 1 _
Mr. lUUer la oow tutad >? 'be
PriMiwn siudwt .'tan Traiaiwr
bcbeai. Prtnxtoa N. J
M aud Mac. F. 4* Mokr< Mrbflat,
the letter tbe da.ik-Mar ef lh? Her re
nter of tW Treasury ut w4ia<
some tlroa In New Tark
The army ?-mtr*ency committee. ?t 1
whu* Mr. A baft U MtU. W ca^ir
man baa baatyenad tb? mw ting
?vheduled tar tiiw afteraooe i? a
week owinc to the Influenaa ?-pi
iemic The committee will meet on
Wedeeeday aftemooe. November I. ?
I o'clock In the hoaae of Mm * lex
mder Mackay-8nalth. IK SU?e?eLh
Ureal
Mroe. Cectle Senorta. arif? at Alger
non 8eru?rte. I be mm at dab. Grant ?
daurhter. accompanied by bar bob. ]
Herbert C SartorU. haJ arrived la ]
Ne? Tark fraan Fraaae aad la at tb>
Vaaderbilt Hotel
Mr* John Cbrtatlab. wife of r*l
r*hnetlan IV 8. A . afuieaad at CbJB*
Meade will ape ad iba aimer ka Bal
timore Her mother, Mr* tfthjay,
widow of Odb. 8il4a>, will be
Mrs William Hamilton Ray?y aJ*i
lira. John S Scully, of V ?>r
ire remeteped at the Hotel Ckathajb.
Mb* Tark. ^
LIVE STOCK MARKETS.
Ititfu CVy, Ore
?? k?w- '????? r ?
IS iT.Mftit.IS.
CATTLK - Bmpta 5IJ?.
W-lmi M?n '%M,
atau.? ?autf)
n)m 4 Jmim.
to hirt? tUi I
iA? JAMallW, MmST
t.Sa'A.Sr
M i^uftft. on a toos-1
r h?fc?r hftu*. IT SftllS M
MiletM-T*. r.tlftjl ?. pond !*?'>
CATTLE 8wn^ MUH
Ili.? bnfwn. (Jhiik rr*?. rjia#,
w% * *wi ? (siM* T.Tfeir.n
HHEIP iUr^rtft V?? .mm
jc.rt: r?M ii tAftirti
CMiftitJ. Oct. 9 -BOGS-Urr-i j
Am?C Md hoU*Mrx r ?u: Tft.
Cattle iu?wpu ? m*1t **>??? |
?ran? at ? Oto'T flB
ttHRKP R?owirfa ? ft^ftd.' laate rnN
it
Pitt*Kiar* Ort 21 HOO J RyortpU 1JM
UfW. hr*rrt f KUle SI hr\r? T-irtrr< St ? I
ill * light Twtm T tfe!TM ? ifi itili [
? r
hBFEP AND LaMBfc-Raetfp'a. ?;
?od afcfvTk. 11 M\ up ^m\m KM.
CALVW lUmpU 1* bt**C- tor
EQU ITAB LE
CO-OPERATIVE BUILDING
ASSOCIATION
Arnts, $3,581361
Make Up Your
Mind to Save '
- r?opk# who ?T* as* Lb* nam
who are pm*wi for any amcr
r*n<7 that aftv vm ?j?
irtnaticftHr throu^t th? Bgouahla.
^DhMrrlpllMS far fk?
75th Itrae of Stock
Brlftf
Sharfi $2.50 Per Montk
4 Per Cent Interest'
EQUITABLE BUILDING
915 F St. N. W.
JOB> JOT EDSffl*. PmUnt
PRASK P. REEMDR. N?>.
Tb? Safest laTestmeab
Art Uom 'MI Ac BOft fioctmu cvl^
furWtn o d'>IM of ?b* b> w9 or aftaM
markeu ?'?? 0?rd of trw oM? tfiti
morxw** *?o o? iwft. mum |?
tW Ln^tnc- of CohnBtaa ?nwrit?i? *0m
ic??vuaratB aao dr ao? atpi m* *po?
.b? CBftorva rwftpofisitabt} o.' VMt.ncmmja %m
?nrpormuota. h? Uar juh: ij *? ?m
?urrly r et tc ircr
ipnK !?*?><! for
? ~ urf la?
SwmrtzelL Rbeem ft *
Hensey Co.,
727 Fiheen Street NertkewL
MEXICAN PETROLEUM
WHY IT IS
A GREAT PEACE STOCK
C. W. BARRON SAYS in his book:
The Mexican Problem
No country in the world needs closer relation; with the ']
oil development of Mexico than the United States. The
future demands not only redemption of the Mexican man
of the soil, but the redemption of the American farmer at
well.
*****
The redemf<ion of "the man with the hoe" will come
through the gasolene motor that will plough spring and fall. 4
cultivate all summer, chop wood in the winter, and not "eat
its head off."
The ambition of Henry Ford is a gasolene tractor within
reach of the farmer. Success here would mean more fot the
world than all gasolene motor development to date.
It would solve the labor problem on the farm; enable -
the individual farmer to hold broad acres, by quick cultiva
tion and crops quickly stored. The result from such pros
perity for the farmer vyould be great stores of food, steady
ing prices for the world.
The farm power, the food power, the sea power, the
world power, cry out for gasolene and fuel oil. The Penn
sylvama and Indiana oil fields are failing. California is
exhausting pocket after pocket. The great oil area of the ??-:
world today stretches from Kansas to Tehuantepec. The
lightest oil is at both these extreme points. The appear- "
ance is that the great central reservoirs are in the Mexican
field.
Their conservation is a world-wide necessity. Their pro
tection is the duty of all nations.
In this book Mr. Barron also describes
the great future for oil in the uses of the
world.
With Map and Illustrations $1.00 net
At AH Booksrilers Houghton Mifflin Co.
Publisher*
Send Orders to
THE BOSTON NEWS BOREAS, M lilfcy St.. Boston

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