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Evening star. [volume] (Washington, D.C.) 1854-1972, September 01, 1907, Sunday star, Image 12

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FINANCE A
MAR
THE GRAIN MARKETS.
OHIfMC" > .\ IK :-t :;l The wheat mnrkot
was MronR t*?hiy !> r.uiM- of a snoil demand
for ( \. ami r?-j? >rt?-?1 bullish c>n<iltions
In B:iru|>i-. At the c os- D< tcrabtr wheat
was T?, t>> 1 rent higher. Corn was uni
A .t. ? ?>. iv ? 1 7_ , ? Prnv cifinfl
II.II S' 'I. \ i t . j ? * 9' ?
were 5 renJs 1 ?\v? r to o te nts higher.
l*rie#?s : 11 the wheat market w* re strong
and higher at the opining because ot ttie
continued \- **ilent demand for cash wheat,
higher cab ?-s a;. 1 a r rally good demand
fr< m comrifttssion houses. The liquidation
of th?- S? ptember option was not a factor
In today'.* market. The export demand
lrom Germany and Great Uritian was
f<tr?>rig, r?*d winter wheat icing the subject
of earnest inquiry. A market improvement
in the m !l?iig tiade was also a streuthening
fa? lor. It was ? .aim-?i at Kansas C ity an i
at the s? aboard that all otters made last
n pat f??i th? s.tle ??t' wheat w? re accepted.
mber op* . d lH higher at lNia4 to
told betwein '.i'1 ^ and '.'.^a;?,, ami closed at
P7rv Cl*-ara?? s of wheat and Hour weie
equal t<? M'mm bushels. Primary receipts
weie ti4M.o ** bushels, against 4t*4,?>80 bushels
tho sa:no day last yi iir. Miniu-apjiis.
1 Milntii and <"11i ago i? port*- 1 receipts I"
cars, aga'nst i_*7:? cars last wtrk and 1-10
cars one year ago.
Tin- rui n markt t was less active than for
several dajs past. Tlw: marktt on the
avt-ia^i' rul?tl higher than yesterday, but
th?* ordinary w* ? k- n?l i<|Uidution canst d
some reaction from the top j?r ?e. Th
weath*. r ov? r the entire corn belt Is goo.i
for ?I* vt loj?m* nt. but this was uffs.*t I > light
local r* pts anil la rife sales ??f cash corn,
t'o oft? Tilths w re larg r today, b it the
total was i "t high. December .opened
and
W?:V and closed steady and unchanged at
Local receipts were 145 cars, with *11 of
Th< is market was strong all dayr and
a new high priewas registered for the
crop. Tl.e volumt* of trading, however, was (
not large compared w ith st vera! previous j
days. 1 'it traders and shorts solu moder- I
ately, arid ? \t ry bulg 1 brought out realizing I
sales whch weakened tin- market some- I
what. 1 '? ruber opine J ,hal4 hgher at
4sa4a7M. s?-M between 4ha4 and i?l. ai d closed
at r^^ado5*. J?o? a! ret eipts were itaG cars.
Trail* m provisions was dull. Packers
sold tie January products and commission
houses w? re fair buy* is. At the close October
p -rk was .V ; trh, r. at 1 Lard
was low. r. at II.lis were
un< hai.giil ,.t s.i'm'j.
Kstim. it'll receipts fur Tuesday are:
Win .i. .".7s i!-. urn. 37* rai>. oats, 7 (2
tars: hops head.
There will be no market Monday?Labor
day.
MI t-WA I'KKK. \V:s August 31.?Wheat
tndjr; No. 1 northern, l No. 2
northern. It'iiim: 1'iiemlier. !'7si. Rye
liijt'n. ! : Xn 1 s|;_ I'.arli y lower: No.
2 "-v -7'.. Oats firmer; standaril.
v Coin h.glur; No. 3 cash. t'Ja
li-'-_. l'i I eii.U r. -k- *1.
I'lXciN'XATI August "1 lings active:
Imt 'h rs ai .1 si . ; ~. t>.4.*ia>>.; common,
r. lo,i i111. -t-aily: fa r to pood shippi
:. 2T> !> i'. common, 2.23q3.25l Sheep
H. .1.! - :??' strong. 4.Wa7.73.
I'I'I.I'TII. M :ir. August 31.?No grain
ma: k< t to.|a\ . holiday.
ST I.ol'IS'. M . August 31. \\ h it firm: |
No -J r. il. eash. M'a'.to: No 2 hard. v.i !>.">:
, m'- : s. . 1- rnl'.-r. 4',:t;?4TS. Corn
1; u!.? ; . .% ? ;nn-r,
571*.; Pec ml r. r?4;V. No. "J white, .V?M?aiiO.
Oats hig: r. N??. - cas! . 4.~?a4.V;>; September,
4*'?. i 4>; No. - white, 30.
M!XNKArr?I.IS. Mir.n.. August SI ?
"Wheat -September, 1.00%; December, 1 2%;
M ' - No I hard 1.06^; No. 1 northcrn,
I No. 2 northern, 1.02^al.03; No.
.'i northern. !?>al.?N>.
LOCAL STOCK MARKET.
nang-e 01 .rnces wees i-uumg nuguai
31, 1907.
Kiirnisbeti by Gr.lfin Ilul>toa?] & Co.
IU ?\ I ?S. open. High. I.u.
? aj? Trh'* .V no 11m 31<? ]lt?
$1..VX? Wash Kwy. 4s. 7l?'-4 7i?'l4 7I?% 71?^
ST< m KS Open. Hit'll, l ow. Close.
7<*? Wa*h. Kwy. T2 'A'2 3J'*j
]. 17*1 W??h. Kwy. |?f?l.. *U5 74 ;?! 74
1 v. W la (iu 7" 71 ?&% 7<ITh
2.020 Lanaton ... 12 12tt 12 12%
W5 Mitchell 2H 2 g 2 2
.'?? Nil Bank 211 21? Stf 212
NEW YORK DRY GOODS.
NEW YORK August .".1.?The ilry poods
market was very quiet today in consequence
of t h?* coming holidays. Tlie amount of
business on the books for August is up to
th<' set by any similar period during
ruent yt-ars. The question of future d liwri-s
is g.iing much conn rn to buyer
and seller. .Market continues st^njj.
Consols %nd Common Stir.se.
From the Sin'ctatur.
The statesman of fifty-years afro who rteclareil
that the Funds were the greatest
frn :s h> kin-w mlKht have added that more
fc'ly is talked about consols tlian about
anything else in the world. We have of
late had plenty of experience of this latter
peculiarity. In newspapers, !n city oHic-'S,
In club smoking rooms and even in drawing
rooms people have been engaged in asking
and trying to answer the questions "Why
are consols so low?" and "What is the
remed> ?" that ougiit to be applied to a
condition of things which is assumed to be
disastrous. As a rule such discussions
i itht r end in hopeless perplexity, or, to use
the admirable phrase of Sir Thomas
Browne, ' conclude in a moist relentment."
Yet if .1 little common sense is applied to
consols as to other tilings, the mystery will
be found t<> l>e no very great mystery after
all, and It will be seen that though certain
1 ardships have resulted from the fall in
price, the entries are by no means all on
the li.ss side of the national account.
I>et us try to disc iss the matter in terms
as simple as possible. Why lias the price
of consols fallen? For the same reason
that sends d ?wn the price of other tilings,
'i mai d f 1 r consols has decreai
People just now ar?? not willing to give as
much for the specific object named consols
a?? they were willing to site three or
years ago. And whj are they r."t wining
t<> give as much as they gave three or four
years ago? In the place, because they
; iave got other and b tter uses
for their money Whereas a great many
people believed three or four years ago
that ej uld not do better than buy
soli j now think. ??r we may even
go further and sa\ they now know, that
they can better by using their money in
o1 ei ways F r example, they can do
better bj 15 ng other stocks; by lending
th( :r nn?n? y t?? banks which will not only
pay tnem a rat** ot Int. r^st somewhat
} gher Ihan c >nsols, but will Insure them
against any i??ss in capital such as may
tn the Ls< <: investment In stocks;
or. Anally bj using tfo r n nej d I
ti?<' development creation of various
but ? repeat what we hai
f pi e ol oi sols has fallen because
t:. demand for consols has fallen.
Exports of Specie.
NKW YORK. August 31.?The exports of
sj i * port of New York for 'he
|i*? ek t-ntiinK today were $1,000.2 gold,
ami ^ 1.! ? silver.
Tug General Warren Sails.
The l'nit< <1 States army tug General Warr?
n the temU r to the office of MaJ. Spencer
Cmshy. 1'niteil States engineer's officer in
charge t?f the improvements to the Potomac
oi riven tril itary - to ChesapeakQ
bay, has sailed for the James rtvur, where
t-'. > a iln for about six v< eks. While
on t\u 1 nx s river the party of engineer
und att;? h<8 "f tin- engines r's ??fii>re
in this eitj will be employed in making
put \ | gathering data regarding impn
v< ents it la proposed to r11ii k. in the
dun of t James river in the near fatun
1 service t he
part] will return :? this city and the data
ath ! a II be aed in preparation of
pans for the proposed work, later Congress
will i < asked t?. authorise the improvemei
ts t-- he made In the Virginia
ylver. ami when ;>;> appropHatlon is made
bids fur the work will be asked.
ND TRADE
KETS OF TI
NEW YORK BANK STATEMENT.
NEW YORK, August 31.?Tile Financier |
will say:
"I.ast week's official statement of the Ne<w
York associated banks was a somewhat rem
irkal.le exhibit for several reasons. The decrease
In loans was surprising, considering
the fact that there had been a fairly buoyant
stock market, with generally advancing
prices during the week; the small loss
shown may, however, have been due to the
augmentation In the volume of foreign
loans, through finance bills, which fullS^
met borrowing requirements. The cash
loss quite closely corresponded with that
which was estimated upon the basis
between traceable movements* of money
during the week; such agreement of the
estimated and the actual result has been
unusual of late. There was an increase of
only in the amount of public de
posits nmpared with last week; this seems
to show that the distribution of funds by
the Treasury has not yet been large enough
to make any appreciable impression upon
this it>m. The loss in cash reported by
I the statement was $1,B51,J100. General deposits
decreased $1,727,800, so that the required
reserve was reduced $4551,950, deducting
which from the cash decrease
!>'ft $1,219,950 as the reduction in surplus
reserve to $8,750,450. Computed upon the
lasis of deposits, less those of $27,926,100
public funds, the surplus is $15,737,975.
Loans were contracted $HM!.t)00 and the
excess of this item over deposits was increased
about two and one-half millions
compared with the previous week. The
daily average of* bank clearings for the
WffK was I. >.< x K <H? against K!2v,UU<Mj<H> in
tile week of August 24. Clearings on Saturday,
reflecting Friday's business, were
$-)4.!'T2.77r>. Comparisons of loans by individual
banks showed that five institutions
I reduced this item by one million net. Six
banks lost two millions net cash."
HEARD ON 'CHANGE
The past week in the local stock market
was better than for several weeks back,
as far as the movement of prices was conI
cerned. Of the eight securities in which
there was trading, five went up during the
week and closed at a better figure than j
| they opened Monday last. The largest busi
ness was transacted In Lanstorf, Washington
Railway and Electric preferred and
Washington Gas.
Washington Railway and Electric preferred
stock made the biggest gain. The (
opening price was W! and the closing 74.
The common stock of this company also ,
gained considerably, rising from :i2 to 35%. ]
J.anston sold at tiie close of the weeks
L>ufii:< ss on Friday for lU's. a gain of ',i
of a point. Washington Gas gained % of
a point In tin week, selling Friday at To7!,.
The last price of lit2 for Commercial National
Bank meant' a gain of 1 point.
In f fifo dave nf linsinncc !
of Mitchell mining stock changed hands, :
the price dropping from 1"r to 2. The last
pric<-, however, was .1 gain over the pre- j
vailing price of the wi-ck before.
In the number of shares traded I^anston
took the honors, with l.'.o'Jo; Washington
Hallway and Electric preferred came next
with 1,1 and Washington Gas cattle a
close third with l,<Kio.
PRODUCTION ENGINEER.
One of the New Professions?Stops
waste in utner men s Business.
Maj. Charles Iline. In the Railway Age.
Primitive man had one general occupation
which included all things then to be done.
In the progress of time came the butcher,
the baker and the candlestick maker. Occupations
beget occupations, business makes
business and professions breed professions.
I'nitiue and interesting is the work of the
production engineer. Complex activities defy
terse definition. The production engineer
is a constructive critic, an organiza- ,
tioti expert, a professional chaperon, an appraiser,
an arbitrator, a systematize]-, a cor
porate trouble mender. He produces results,
locates leaks and works out economies for
factories, banks, insurance companies, rail- <
ways, steamboat lines, government offices, 1
mines, colleges and even theatrical syndicates.
Principles are immutable. However
much their application may differ. The jus- 1
tifyiiis theory of his existence is found in ;
the rush of modern lif?, which affords too
I few hours in the day for comprehensive | ,
study by busy executives. The daily routine j
of the paper-buried desk leaves the brain
j too weary for extended thought.
Here comes the all-round specialist fresh
l.'im other fields. Free from administrative
resnonsibiiities. he sunnl^ments the work of
the regular staff, drops several practical (
ideas, picks up a thought or two, avoids the
ever-present ruts, works out some details
and is off to another task. This week in
Canada he charts out an organization for
a manufacturing plant. Next week finds
I him solving railway problems in the stales.
Kre lung he is examining the stores system
i,f a steamship line, or mayhap passing
I upon the methods of a large contractor. A
knight errant of organization, a colporteur
I of cost keeping, a circuit rider of industry,
i o QMl'i'lur u f tor hf.lr.f i ! **?* !-? V,ln ' -*
I IV ... c*? V ..T. . ???? IIVH'IUI U UlII, 1113 t'cll IltriSLI
ness and disinterestedness ward off fric- ]
lii>n. He becomes a welcome periodical ,
i visitor who commands as well as criticises.
! His exploits are not In the public eye. I,ike '
the editor and the missionary, his work is
done in the name of a higher master. His ;
| reward comes in the achievement of results ,
for which others usually receive the credit.
Dr. Johnson once said that A cannot see 1
j I? in trouble without suggesting what C '
! should do fn the premises. The production
engineer has had to overcome the effects of
the same amiable failing in human nature.
The first thought of the corporate manager
is as to how badlv the other fellow must '
need such valuable help. Gradually the
publican production engineer has convince 1
the Pharisee and taken a place in the temple
alongside the former's forerunner, the '
public accountant. 1
UrWrtTJTAT ritlTTTinTT > m-TAW
i ATi?iiuuxvxAU v/iiunun
I
Built on Spot in St. Petersburg Where
Emperor Was Assassinated.
ST PETERSBURG, August 31.?A mcmortal
church, built on the spot in this
city where Emperor A'exander II was assassinated
in March, 1881, will be dedicated
tomorrow in the presence of the grand
dukes ami grand duchesses, the diplomatic
corps atul probably Emperor Nicholas and
the empress.
Extraordinary precautionary measures
have b?en taken to guard against attempts
on the lives of members of the imperial
family. Detachments of artillery and cavalry
poured Into the city all day from the
camp at Krasnoye-Selo.
i i
SANTA FE TRAIN WRECK.
Engine and Five Cop/:hes Ditched.
Many Passengers Hurt.
LAS VEGAS. X. M., August 31.?Southbound
Santa Fe passenger train No. 8. '
which left Trinidad at 4:30 o'clock yesterday
afternoon, was wrecked last night at
; Shoemaker. N. M . near Las Vegas. The
engine and five coaches were thrown into
the ditch and h number of passengers were
badly hurt.
All Information regarding the accident
is being suppressed. Traffic has been tied
up for an indefinite time. The accident is
said to have been due to defective running
gear under the tender of the engine.
Capt. Grady's Leg Broken.
Papt. Hob Grady, colored, master of the
sloop Water Lily, employed in general
freighting on the Potomac, fell over a cleat
aboard his vessel off Alexandria Friday and,
it is stated, broke one of the bones in his
leg. He was taken ashore and conveyed
to the Alexandria hospital for treatment.
The Water Lily had completed the unloading
of a cargo here and was on her way
down the river to reload when the accident
to her master occurred. It is stated that
while Capt. Grady is in the hospital the
owners of the vessel will temporarily place
another master aboard her, and she will I
sail for her destination to bring a load of
J wood or lumber to this city. j
IN
iE WORLD
t o\rr?AW orrnmr -rvnu a vnr
I
Started Week With Promise. But
Closed Dull and Lowest Prices.
LONDON, August 31.?The stock exchange
started the week full of promise
for a moderate boom and revival, but finished
dull, with prices considerably below
the best for the week. The feature of the
six days' trading was Secretary Cortelyou's
announcement regarding deposits in
New York banks, which considerably eased
tlie monetary situation everywhere and
dispersed the fears of a further rise in the
London bank rate, and this in turn caused
a general buying movement. Consols and
first-class British securities advanced
sieauny until the week end, when the Duying,
which appeared to be largely professional,
slackened with general profit-taking
and a movement ensued which caused a
sharp reaction from the best prices of the
week, although the final rates were much
higher than Friday of last week.
Foreign bonda shared in the upward
movement, the clearer monetary situation
reviving confidence in Paris and Berlin, and
support from these cities came more freely.
Americans were supported on the better
monetary ouuook, Dut business throughout
the week was on a very small scali?, owing
to fears of cuts In railroad dividends
and the absence of'a decided lead from
Wall street. Later the announcement of
the Erie dividend and reports that important
financial interests intended to support
the market caused better feelings, but failed
to stimulate activity. The market closed
quiet and firm, with net gains from $1
to
Money has been easily obtainable
throughout the week at about 2\'3 per cent.
Secretary Corte'you's announcement had a
reassuring effect on the money market, and
weakened discounts considerably. This permitted
the placing of Amertcan trade bills
here at easier rates. The weaker discounts
caused adverse movements from the forpi
en pxfhanpps on I,nndnn mnklntr nna
slble continental competition for the $3,uOO.OUO
In gold avuilable Monday.
MANCHESTER CLOTH MARKET.
MANCHESTER, August 31.?Tho further
rise in the price of cotton Interfered during
the week with business on the cloth market,
which again was on a small scale. A
sood quantity- of shirtings was sold for
Calcutta and Bombay, but the other markets
were decidedly quiet, merchants not
being willing to pay the enhanced quotations
asked by the manufacturers.
The turnover in yarns was small, owing
to dearer cotton. American cops attracted
most attention. Coarse jfrpfts as well as
shipping bundles were difficult to sell. Quotations
were three-sixteenths dearer.
THE FOREIGN BOURSES.
LOXDOX, August ?1.?Money was in better
demand in the market today, but the
supplies were abundant. Discounts were
steady.
On the sto^tr exchange business was not
brisk, but the tone was lirm, with fractional
improvements in first-class securities on
investment purchases.
Americans benefited by the steps taken
to assure the success of the Issue on September
10 of the $40,000,000 of 4\~> per cent
New York city bonds and the expectation
of a favorable New York bank settlement.
They opened steady at a fraction over
parity,'and in spite of the holiday In New
York, prices hardened and closed firm.
Foreigners and Kaiiirs were steady. Japanese
imperial sixes of 1004 closed at 102',?.
PARIS, August 31.?Prices on the bourse
today were firm on the New York advices.
Russian Imperial fours closed at 73.30, and
Russian bonds of 1004 at 504.00.
RERLIN, August SI.?Prices on the bourse
today were firm. Americans were active
and higher, Canadian Pacific rising three
points and Baltimore and Ohio one point.
MBS. STANFORD WHITE'S DENIAL
Says She Is Not Engaged to Marry
T - i_ TT 1 1 ? T? A
.Littie nusuauu s ranner.
NEW YORK, August 31.?Mrs. Stanford
White, widow of the architect who was shot
to death by Harry K. Thaw on Madison
Square Roof Garden, today denied the report
that she is to be married to Mr. McKim
of the firm of McKim, Meade & White,
of which her husband was for many years
i member.
Mrs. White returned to New York today
Dn the steamer I-a Lorraine after several
months' visit to Italy. When asked regarding
her reported approaching marriage to
Mr. McKim she said it was entirely untrue.
"There is absolutely no foundation for such
a report," said she. "It was cruel for any
one to say that, and I assure you it has
;aused me pain.'1
ACTRESS KILLED HERSELF.
n i. a .1 _ m ht _? rr?w
rvtibii aci ui iuw iur& woman
Charged to Long Illness.
Special Dispatch lo The Star.
NEW YORK, August SI.?Grace Vaughn,
the actress and wife of August Bothner,
a theatrical manager of Cincinnati, committed
suicide by shooting herself this
morning in her apartments at 248 West
16th street.
Mrs. Bothner had been ill for about
a. year and a half and the long attack
af the malady has seemed for the past
month or two to have had a depressing
L-ffect upon her mind. Up to five weeks
ago she was well enough to keep her place
as star in the "Just Out of College" company
which is owned and managed hy her
husband; but during the last week of
July she became so much worse that
her husband decided to send her to Muliloon's
farm at White Plains for treatment.
Meanwhile. Mr. Bothner has been In
Cincinnati with his theatrical company. He
came to New York city yesterday on business.
Mrs. Bothner knew of his presence
in New Y'ork and she contrived to elude her
attendants at Aiuiaoon s during the atternoon
and took a train for this city. Arriving
here, she went direct to the boarding
house on West 4t5th street, where she
and her husband always stay when here,
and found him there.
After she arose this morning and while
Mr. Bothner was bathing, she closed the
door of her room and shot herself twice,
one shot going directly Into the right
temple.
DARING ATTEMPT TO ROB BANK.
Robber Grabbed for Money in Messenger's
Hands?Captured.
NEW YORK, August 31.?A daring attempt
wus made to rob a bank messenger
as he was leaving the paying teller's window
of the National Park Rank today. An
excited crowd on Broadway saw the man
captured before he could escape. The.paying
teller of the bank had counted $1,500 in
cash and the messenger boy was placing it
in his wallet when a young man made a
grab for the money.
The robber failed to get his hands on the
money and turned to run. He managed to
reach the street, when Special Policeman
l.Hwlor of the bank arrested him. He was
recognized by the police as Henry Dlehme,
alia* CJeorge Meyers, of Cincinnati, who hail
served sentences for theft in Detroit and
Pittsburg. .
Kaiser's Toast at Celebration.
BERLIN, August 31.?Emperor William,
speaking today at Tecklenburg, in Westphalia,
on the occasion of the 2U0th anniversary
of the annexation of the county
of Teeklenbtirg to Prussia, said:
"I drink this cup, filled with German
wine, to the welfare of the county of Tecklenburg.
with the wish that God's blessing
may preserve it and give me power to continue
to maintain peace, in order that you
may go about your business undisturbed."
ROSlE. August SI.?The public prosecutor
has commissioned a magistrate to proceed
to Castel Ganflalfo to interrogate Cardinal
Merry del Val, the papal secretary of state,
concerning the demonstration against him
at Marino August 16, when a mob of anticlericals
hooted and jeered at the cardinal
while he was driving In the village.
Financial News Letter
t
BY W. O. NICHOLAS.
Special CorrM>i>ondence of Tlie Star.
NEW YORK, N. Y? August 31, 1907.
Thomas F. Ryan, past grand master o'
Machevalian finances, may have overreach
ea nimseir in his New York traction aeai.
Just prior to his departure for Europe a
couple of months ago he told friends that i
he was practically out of traction securi- '
ties and was no longer financially Interested
in the local situation except to a
very moderate extent. He Is evidently
very willing to have It understood that he
has shouldered the burdens and responsibilities
upon others. It would appear that
the load has landed on Mr. August Belmont
and his backers, who are supposed
to be the Rothschilds. They have been
"landed with the goods" to all appearances.
Mr. Uelrr.ont is left alone to struggle with
the ma.ss of complications, including defaulted
guarantees of dividends, deficiencies
in earnings, receiverships and the batikruntcv
of some of the constituent com
panies in the merger. He is up against it
for sure. A new era of reorganization has
set in, and what the outcome will be is
largely speculative. The only one thing
tlmt the 3,1100,000 people of Manhattan
and the Bronx feel sure about is that the
tracks will not be torn up and that they
will continue to be given a service of some
sort.
*
* *
The traction manipulation in New York
was directed almost wholly for fire or six
years by Thomas F. Ryan and the late
William C. Whitney. After Mr. Whitney's
death Mr. Ryan had the entire control
up 10 someinmg lute a year ago, wnen ne
succeeded In working oft the surface lines
on Mr. Belmont and his friends, who had
the elevated and subway systems. There
seems to be little doubt that Mr. Ryan Is
out of it for fair, but does not say sure
that he will not be forced to disgorge large
sums of money squeezed out of thj properties
under his management. How much
money Mr. Whitney and Mr. Ryan dragged
out of the New York traction game may
nsver be known, but the total is quite as
likely to be $75,000,000 to $100,000,000 as a
smaller sum. It is known that in l&tS-lf&PJ
Mr. Whitney was practically down and out.
His estate was appraised a few weeks ago
at $'Jo,000,000. Mr. Whitney was never officially
connected with the systems he juggled,
and those who are planning a campaign
to force restitution may have a
lmrrl timo frut t inn- at tha PQtntA Mr Rvfln
Is not so well protected, and he inay be
obliged to make good large sums said to
be Illegally wrested from the property. The
plan on foot contemplates the appointment
of a "special" state's attorney for New
York to criminally prosecute Ryan, Vreeland
and their associates in the manipulation,
and to use the testimony brought out
In these trials as a basis for civil action.
The theory is that rather than suffer criminal
punishment the big ones will make restitution
on a scale which would make the
famous Jay Gould's $7,000,000 disgorgement
to Erie stockholders appear trivial.
*
* *
I The impending reorganization of the trac[
tion systems may drag down the Manhattan
Elevated, as litigating stockholders in
the companies whose securities are guaranteed
would try to hold that company
responsible. Manhattan is the only system
that is making money, everything else In
sight being waterlogged with stocks and
: bonds and unablo to meet even fixed
charges. Third Avenue is running behind
$1',0<J<?,t>00 a year, and so is Metropolitan
surface system. The readjustment which
is ahead will have to be on a very much
iower aggregate capitalization, the process
entailing a heavy scaling down from present
par values.
Indications point to a big fight over the
receivership or receiverships for the constituent
companies of the big traction merger.
Minority and non-assenting stockholders
are suspicious of collusive moves
looking to the appointment of "friendly"
receivers, who will simply continue the unI
holy legerdemain to the further annihilu|
tion of equities.
*
* *
It is becoming growingly more evident
that the market is breaking loose from
foolish things, and that people are settling
down to the conviction that the country is
really resting safely on a foundation of stability.
The matter of earnings ts again
coming to the front as the essential factor
In liguring on investment. The appeal to
reason is compared by solvent people to
that which was invoked by Mark iianna
when he impressed the voters with the belief
that our national safety depended on
the overthrow of experimentation, and when
the thing for people to do was to stand
pat and refuse to encouiyige doubtful experiments.
The apparent desire to divorce
politics from business as far as it can be
done is having a salutary effect on securities
values. Unless there should occur failures
of International houses of importnace or
calamities which do not now appear to be
imminent prices of dividend-paying stocks
should work higher. This may not be the
mailer 01 u ua.y ui <t mount, uui inc iusivj
of the situation is for improvement. The
crop outlook Is not as good as it might be,
but it is becoming more and more evident
that we are to get substantial support from
the old world. This help, added to that
which will be given by Secretary Cortelyou.
will go a long ways toward a restoration of
faith in the future. The mere knowledge
that there is to be backing for the business
of the country and that borrowers are curtail%)g
demands everywhere are big factors
for the good.
*
* *
For the most part the interests which are
behind the leading industrials and railroads
are willing to see the market drift along
without Important change either way. They
are well satisfied to let well enough alone
and await the time for recovery of credit
and confidence. In some quarters, however,
accumulation is goljng on. Jl'his is notably
tho case in i nion faeinc, Meaning, soutnern
Pacific, New York Central, St. Paul,
Northwestern, I^ouisvllle and Nashville,
Pennsylvania, Atchison and In the preferred
stocks Of such Industrials as Steel, Smelters,
Sugar and National Biscuit. Things
seem to be shaping to make Union Pacific
and Reading the leaders, although the wise
people on the exchange are puzzled as to
the real meaning of some of the movements
now going on. "Within the last week or ten
days Standard Oil Interests have sold at
least 100,000 shares of TTnion Pacific, and
have made no concealment of the fact. The
stock has gone Into a pocket somewhere. A
well-grounded theory is entertained that for
two months or more J. P. Morgan & Ca
have been large buyers of TTnion Pacific, and
that this house and Its friends have already
secured practical control of the road.
+
* *
ducii tt rejmn is in me mgnest aegree
sensational, and It seems to have fairly
g-ood backing:. During the acute period of
the March panic a 200,000-share block of
Union Pacific passed Into the control of a
syndicate centered In the First National
Bank, which is a Morgan-Rock Inland Institution.
Since then large amounts of this
stock have come on the market under the
hammer, and it has clearly gone somewhere.
Short selling has been encouraged at every
stage, and It has always been easy to borrow
the stock for deliveries. One of the
best Inside tips afloat Is that there is 20 to
30 points In purchases of Union Pacific
under 130. This tip was heard quite a while
ago, and 125 was named as the bed rock.
The price afterward went to 121 or thereabouts.
Accumulation went right along.
*
* *
feopie or importance are getting back to
town. Very few of the active leaders of
finance are now absent from the city or out
of reach of the long-distance telephone.
Conferences are in continuous progress, and
affairs seem to be growing more encouraging
all the time.
n..? ?A.?
\jui> oicamoui^i i.vaica>
Snecial Dispatch to The Star.
NEW YORK, August 31.?The International
Mercantile Marine Company, controlling
the White Star, American, Red Star and
Atlantic transport steamship lines, announced
this morning that it had cut ocean
rates on these lines, to take effect immediately.
"While we are in no sense argressors.
we of course have to protect our own
interests." said an officer of the company.
The new prices of the White Star Line are:
By the Oceanic, a minimum saloon rate of
instead of by the Majestic and
Teutonic, $G7.r>0. instead of $90; by American
Line vessels the reduction was the same.
This is practically an institution of winter
rates two months ahead of time.
FOR FIKALJOURHEY
Plans Made by Local Playgrounds
Association.
SCHEDULE OF THE EVENTS
Special Banner to Team Winning
Greatest Number of Points.
LIST OF THE PARTICIPANTS
Parade to Franklin Building Wednesday
Exhibit of Industrial
TTnll ttt 4 n cr A Wflfds.
The program of the final tournament of
the white playgrounds at Van Ness Park.
Tuesday and Wednesday next shows that
some 205 children have made the requisite
three points in the preliminary tournaments
and are prepared to take part for the final
j awaras. i nese *00 lumtMaius 1 c^itownv
more than 2,000 children who have taken
part In the various contests, but have
failed to win a placa.
Including the games, which will occupy
the first ten minutes on the program, more
than 500 children will take part Wednesday
afternoon. Excitement is running high
In the different playgrounds, as Virginia
avenue, Rosedale and Towers are almost an
exact tie In their preliminary score.
Dr. Curtis has provided 100 medals and
17 banners for the successful Individuals
and teams. A special banner Is to be
awarded to the playground winning the
greatest number of points.
Officials Are Pleased.
After watching the preliminary events
held during the summer, the officials of the
association are enthusiastic over the progress
the children have made, and Dr. Curtis
believes if this city should send teams
to Jamestown to compete in the playground
contests there the locals would easily carry
off most of the honors.
No admission will be charged to the
grounds, ijl!9 oeing a new teature. inc
games will begin each afternoon at .H:o0
o'clock, and the events will be run off in
snappy fashion, no time being waste*!. Several
events will be in erogress at the same
time.
One of the most interesting events, to the
children, at least, will be a parade to the
Franklin school Wednesday, with banners
flying, after the contests are over.
Lieut. John W. Crawford. U.S.A., will
have general charge of the athletic contests
in his capacity as chairman of the
athletic committee of the association He
will be assisted by the other officials of the
association. The Commissioners of the District
who are In town are expected to attend
the second day, and Commissioner
West, in the absence of Commissioner Macfartand,
president of the board, will probably
present the prizes to the winning
teams and individuals.
A feature of the tournament will be the
exhibit on the grounds of the industiral
work of the playground children. This-work
will be carried to the Franklin School tho
second day by the marching youngsters
and nlaced on view there.
List of Entries.
The entries for the finals are as follows:
Entries G()-yard dash, boys under sixteen
years.?Herald Davis, fourteen. Progress
City; Lawrence Perrygo, fifteen, Virginia
avenue; Robert Grace, thirteen, Virginia
avenue; V. Girardi, thirteen, Jefferson;
J. Nain, twelve, North Capitol; Walter
Linkieback, fifteen, Rosedale; Wallace
Howard, fifteen, Rosedafe.
Entries running broad jump, boys uil#r
sixteen years.?G. Caffrey, fifteen. North
Capitol; W. Buckholtz, fifteen, Jefferson;
A:lolph Lippard, fifteen. Neighborhood
House; Raymond Eliason, fourteen, Towers;
Pete Finerson, fifteen, Towers; Earl
Brewer, fourteen. Towers.
rnnninfr l?rnor1 ~
I - ? - .........r-, v.u,v? jump, wu^ a uuuci
thirteen years.?Willie Jones, twelve, Arthur;
Garrett Riley, eleven, Rosedale; Dona'd
McKinney, twelve, Progress City; M.
Deakins, ten. Towers; Edwin Soper, twelve,
Towers; Earl Nicholson, ten, Towers.
Entries 25-yard dash, girls under ten
I years.?Nellie Ward, nine, North Capitol;
Mildred Healey, nine. North Capitol; Dorothy
Benchert, eight, North Capitol; E!olse
I Tebbs, nine, Ludlow School; Grace E. McMuliin,
nine, I.udlow School; Marian
Browning, nine Virginia Avenue; Elfreda
Grieb, nine, Virginia Avenue; Annie Dore,
eight, Rosedale; May Sullivan, nine, Neighborhood
House; Yetta Friedenberg, nine,
Neighborhood House; Sterling Scott, nine.
Progress City; Augusta Johnson, eight,
Progress City; Florence O'Toole, eight.
Progress City; J. Hundley, nine, Towers; J.
Andre, nine, Towers; Olga Kuhnert, nine,
I 'n ? ... -
1UWCIP.
Chance for Small Boys.
Entries 25-yard dash, boys under ten
years.?E. Manglitz, nine. North Capitol;
Morris Eanet, nine, Jefferson;' Frank Gerardi,
nine, Jefferson; Emery Songheimer,
nine, Jefferson; John Clark, nine. Towers;
Harry Newman, nine, Towers; Herbert
Reinburg, nine. Towers; Charles Beall,
nine, \ Irginia Avenue; Frank Genkins,
nine, Virginia Avenue; Willie Connors, nine,
Kosedale; Willie Linkieback, nine, Rosedale;
Joe Railley, ten, Neighborhood
House; Leroy Spilman, nine, Progress City.
Entries 50-yard dash, girls under thirteen
years.?Nettie Benchert, twelve. North
Capitol; Katherine Marders, twelve, Henry;
Lena Weinberg, twelve, Henry; Neoma
Waters, eleven, Jefferson; Mary Grace,
twelve, Virginia Avenue; Alice Woodsum,
eleven, Virginia Avenue; l.'liarlla Nailey,
twelve, Rosedale; Ella Wright, ten, Rosedale;
Grace Sterne, twelve. Neighborhood
House; Marie Coright, twelve, Neighborhood
House; Anna Johnson, twelve, Progress
City.
Entries 6-yard dash, boys under thirteen
years.?George E. Beypr, twelve, Jefferson;
Chadwick Tolsen, eleven, Ludlow; Bree
Smith twelve, Ludlow; Bernard Hager,
eleven, Virginia Avenue; Walter Townsend,
eleven, Virginia Avenue; Paul Linkieback,
twelve, Rosedale; R. Bischoff, twelve,
Rosedale; Irving Deaklns, twelve. Towers.
Potato race, boys under thirteen years.?
jj. ivessier, iweive, norm capitoi; f. Winters,
twelve. North Capitol; Charles Lavender,
eleven. Henry; George E. Beyer, twelve,
Jefferson; Chadwlek Tolsen, eleven, Ludlow;
Carl Nicholson, ten. Towers; Adolph Fugitt,
twelve, Towers; Will Ahem, ten. Towers;
B. Herger, eleven. Virginia Avenue; Harry
Leeman, eleven, Virginia Avenue; Ray Frazer,
twelve, Rosedale; Joseph Joll, twelve,
Progress City.
Girls in Relay.
Entries for felay, girls under thirteen
years.?Virginia Avenue: Mary Grace,
twelve; Alice Woodsum, eleven; Pauline
Bateman, twelve; Virginia Rueth, twelve;
Ruth Kuhnert, eleven; Ruth Fletcher, ten;
Rena Hlnwood, ten; Marlon Browning, nine;
Elfreda Grieb, nine; Rosie Friedberg, eight;
Amelia Korn. ten; Pearl Duvall, twelve;
Eva Harlln, eleven; Annie Fenlin, eleven;
Leona Brown, eleven. Towers School: J. i
Hundley, nine; J. Andre, nine; Olga Kuhnert,
nine; Addie Hunt, twelve; Helen Martin.
twelve: Vereie Rilev. eleven- i
Schultz, ten; Emma Clark, eleven; Pearl
Whipple, nine; Marie Claveloux, twelve;
Gertrude Mann, twelve; Loretta McCormick,
tec; Malinda Taylor, twelve; Dorothy Stelz,
twelve; Lily Adeider. twelve. Henry School:
Lillie Ricci, twelve; Sadie Friedman, eleven:
Lena Weinberg, twelve; Katherine Marders,
twelve; Mary Tennant. twelve; Glenna
Reher, twelve; Annie Riohwell, eleven; Vidian
Goilwyn, eleven; Mable Phillips, twelve^
Mildred Godwyn. eight; Bessie Dserrer,
twelve; Alma Nlclson, twelve; Mary Lyle,
eleven; Eva Loker, twelve; Henrietta Clements.
ten. Substitutes: Inez Milton, nine;
Marie Torbert, ten; Doris Chase, ten.
Potato race, boys under sixteen years.?
V. Girardi. thirteen, Jefferson; Marcus Collard,
twelve. Towers; Adolph Fugitt, twelve,
Towers; Harvey Moreland, fourteen, Ludlow;
Bree Smith, twelve, Ludlow; Martin
Frydell, fifteen, Virginia Avenue; Elmer Ennls,
fifteen, Rosedate; Willie Sorrells, fifteen,
Neighborhood House; Charles Currie,
fifteen, Neighborhood House; Charles Currie,
fifteen, Neighborhood House; Henry
French, fifteen. Progress City.
Entries running high jump, boys under
i thirteen years.?C. Ryan, twelve, North Cap
Itol; Will Jones. twelve, Arthur; F. Neuland,
twelve. Jefferson; Bree Smith, twelve, Lv.'Jlow;
Harry Frieilherg, twelve, Virginia avenue;
Irving Deaklns, twelve. Towers; M.
Deakins, ten. Towers; Paul IJnkleback.
twelve. Rosedale; Francis Reley, twelve.
Roseda'.e.
Entries running high jump, hoys under
sixteen years.?H. McVey. fourteen. North
Capitol; Pete Fineron. tifteen. Towers; Jo
soph Vltalie, fifteen. Towers; Martin Frydell,
fifteen. Virginia avenue; Buck Simmons,
fifteen. Rosedale: Elmer Knnis. fifteen.
Rosedale; Adolpli IJpphard, fifteen.
Neighborhood H; Henry French, fifteen.
Progress City; Francis Don, fifteen. Progress
City.
Tether Bull.
Entries for tether ball, girls under sixteen
years.?Ludlow: I>oulse McGhan, fourteen;
Ether I.ouise Corriden, thirteen; Mary Gorman.
twelve. Sub.: Gertrude Shewalter,
twelve. Virginia avenue: Jennie Warner,
fifteen; Fannie Corbin. fifteen: IyOretta
Padgett, fourteen. Sub.: Ruth Nlckelson,
fourteen.
Entries for boys' relay, under sixteen
?Sfi vo r.lo o?.ann.v Uirrv
Reader, fourteen: Earl McDonald, twelve;
Martin F*rydell, fifteen; Robert Grace, thirteen.
Subs.: Lawrence Perrygo, fifteen; A.
Frank, fifteen. Towers: Nelson Turner, fifteen;
Ollhert Hunt, fifteen; Pete Fineran,
fifteen; Karl Brewer, fourteen. Subs.: Raymond
Eilason, fourteen; Irving De.ikins,
twelve.
Entries for croquet, girls tinder sixteen
ygars.?North Capitol: Marie Khuinger,
fourteen; Sheba Woskoff. fourteen. Towers
School: Jetinie Morgan, fourteen: Edith
Bretting. fourteen. Subs.: Edith Bowes,
fiffeen: Irena, C laveloux. fourteen. Arthur
School: Mary Murphy, twelve; Rose Goldman,
eleven. ^
Entries 100-yard dash, boys under sixteen
years.?II. McVey. fourteen. North
Capitol; G. Cattery, fourteen. North Capitol;
I,eo Donohue, fifteen, Jefferson; Robert
Grace, thirteen, Virginia Avenue; Lawrence
Perrygo, fifteen, Virginia Avenue;
Walter Llnkierback, fifteen. Rosed ale; Wallace
Howard, fifteen. Rosedale; Willie Sorrells,
fifteen. Neighborhood House; Herald
Davis, fourteen. Progress City; Nelson
Turner, fifteen. Towers; Gilbert Hunt, fifteen,
Towers.
Entries for Indoor base ball, girls under
sixteen years.?Rosedale: Mamie Junghans,
fourteen; Daisy Hendricks, fourteen; Jcnney
Halmes, thirteen: Nora Hill. fourteen:
Mabel Holmes, fourteen; Bertha Wright,
twelve; Bessio Rawllngs, thirteen; Kva
Beagle, twelve; Esther Raum, fourteen.
Subs.: Ella Zentgraf, fourteen; Nellie
Warnell, thirteen. Jefferson: Ltllle hlte,
thirteen; Barbara Beuchert, fifteen: He- i
beeea Applestein, fifteen; Annie Thomas, ]
fourteen; TJzzle Krause, fourteen; Anna
Morris, eleven; Minnie Stern, thirteen; Klla
Sacks, fourteen: Myrtle Campbell, fourteen.
Subs.: Maggie While, twelve; Myrtle
Grones, fourteen; Mary Frledly, twelve;
Elsie Rowe. fourteen.
Rrtxrs in Vnllev "Rail.
Entries for volley ball, boys under sixteen
years:
Rosodale?Wallace Howard, Russell Violett,
Elmer Ewins, Palmer, Foster, Tommey
Rhodes.
Towers?Arthur Beaumont, Joseph Vitalie,
Thomas America, Nelson Turner, Irvlnf
Deakins, Earl Brewer.
Substitutes?Raymond EHason, Pete Flneron,
Gilbert Hunt.
Entries for long ball, boys under slxtten
years:
Jefferson?W. Gordon, fifteen; W. T,ishtell,
fifteen; I. Bchaffer, fifteen; W. Buck
holtz, fifteen; Hoodie, fourteen; E. llart,
twelve; Robertson, lifteen; V. Girardi, thirteen;
L. Donohue. tlfteen; J. Canty, fiftetn.
Substitutes?1*. Glrardl. fifteen; G. Beger,
thirteen; G. Miller, fourteen; C. Sondheimer,
fourteen.
Ludlow?Charles McCallester, fourteen;
Harvey Moreland, fourteen; Lewis Bree
Smith, twelve; Frank Barcy McGhan, thirteen;
Byron Earl Moreland. twelve; It<|y
Keulilinsr, thirteen; Sylvan Felter. fifteen;
Norval Watkins, fourteen; Chart wick Tolsen.
eleven; Edwin Lewis Burke, fourteen.
Substitutes?Russell Derail, twelve; William
Bushall, thirteen; Ellis Charles Shewaiter,
ten.
BITTEN BY COPPERHEAD
ROCKVILLE BOY ATTACKED BY
SNAKE WHILE AT FLAY.
Special Correspondence of The Star.
ROCKVILI.E, Md? August 31, 1907.
James Dellhay, the eleven-year-old son of
Mrs. Mary Dellhay, who resides on the farm
of Mr. George W. Ri^gs, near Rockville,
was yesterday afternoon bitten by a* copperhead
snake, and is now In a very serious
condition as a result. The little fellow was
playing In an old barn when attacked, tlio
reptile being hidden among some fodder.
The boy was bitten Just below the knee,
and his leg swelled rapidly. Everything has
been done to counteract the effect of the
poison, but the child's condition does not
seem to Improve.
Mr. Charles Lawson Pi?iuett of the vicinity
of Germantown, this county, and Miss
Anna Elizabeth Rogers of Charlottesville,
Va? were married in Rockville this morning
by Rev. S. R. White of the Baptist
Church at the parsonage.
"A Scrap of Paper," presented Thursday
evening in the opera house here by the
young folfcs of the Montgomery Country I
Club, was enjoyed by a large gathering. It
was under the direction of Mrs. Elizabeth
Orfutt and Mrs. Thomas M. Talbott. Among
those who participated were Misses Rose
Armstrong. Bliss Finley, Priscilla Dawson,
Fannie Peter, I-avinia Dawson and Marie
Jones and Messrs. James If. Starkey, Russell
Brewer, John J. Higgins. William F.
Prett>*man, Edward Green and George Allnutt.
Colored Driver's ''Dark'' Horse.
One afternoon during the fair just closed
here an old colored man. whose name could
not be learned, drove out 011 the race track
<r? o rl ilo r^iiln rlnpr t n whlfh U'9 9
hitched a colt of very ordinary appearance.
The old man proceeded to Jog around the
track, much to the amusement of many In
the crowd. Including a bunch of horsemen.
After the colt had got pretty well warmed
up his driver gave him his head and the
exhibition given made the horsemen and
others take notice. The colt simply flew
around the course, pulling his heavy burden
after him. One of the horsemen timed him
for a mile In exactly 2.28. After the performance
the old darkey was besieged by
the horsemen, who urged him to set a price
on the animal. A Rockville racing man
offered him J4UU on me spot lor me con.
The negro meditated, but finally shook his
head, remarking, "I dun rlz him, and I
'speck I'd better keep him." It was the
first time the colt ever saw a race track, and
his performance under the circumstances is
considered little short of sensational.
Mrs. Sarah Carey, aged seventy-three
years, died yesterday at the home of her
son in Washington, after an extended illness.
Slie was the wife of James Carey, for
many years a resident of this county. Besides
her husband, three daughters and two
sons survive her. The funeral will take
place here tomorrow, and burial wlil be in
Rockvllie cemetery.
Hit by Stray Bullet.
Charles Thompson, who resides on the
farm of Mr. J. W. Rabbitt, near Rockville,
met with a painful accident near the
fair grounds yesterday. ' While walking
along a road near the grounds a stray bullet
from the shooting gallery inside the
grounds struck him in the leg. The bullet
was extracted and no serious results are
ffl<l "O /I
Hiss Williams of Virginia is the guest of
Miss Margaret Stokes here.
Miss Sue Colton of Prince Cfeorge county
is the guest of Miss Priseilla Dawson here.
Miss Marjorle Buckingham of Washington
has returned to her home after sending
several days visiting friends in Roekville.
Mrs. Edward Ande-son and daughter.
Miss Noma Thompson, are at the Jamestown
exposition.
The young men of the Montgomery
Country Club last evening Rave an informal
dance at the club hous?. Messrs. Ralph E.
Jones. Julian Whiting and Russell Brewer
were in charge of the arrangements.
Miss Bessie Riggs of the vicinity of
Goshen is the guest of the Misses Yearley
here.
Misses Marie Webb and Ethel Bowen of
Baltimore, who have been visiting Miss
Lillian Morgan here, have returned to their
homes.
The price of vanilla beans Is advancing
abroad, owing mainly to the operation of
the ,pure-food laws in the United States,
which make the use of substitutes and
adulterants impossibly
11
I Only nnnnrtnrrmrnt* of member* ot
( a reroiinr rod ??ook richnnKr nr?
| admitted to tbrae column*.
FINANCIAL. _ _
k \V 11 IT M.I.. -I-i. -I li ^
i ?? . it. i iius. l*. iiumc.
MergersthaHer,
Lanston,
Washington Ry. pfd.,
Washington Ry. com.,
C&patall Traction,
Washington Gas,
Bank Stocks,
And all other listed securities
bought and sold for cash or 011
margin.
I W _IR _ 1H1 nlKlks^if -o.
? ? ? u u u \kJ* AJ' 9
f Now York Stock Fxrhance
Members ? Washington Stork Kvh:m;;o
I Chlonjro Hoitnl of Trmlo
114119 F St. N.W.
LETTERS OF CREDIT and
TU.W KI.KIIS' C'lllX KS
mailable tlio world over.
sel-eo.40
I INTEREST GROWS. 8
"If }!- ?
All savings accounts?larse or small h*
5? ?earn Interest continuously and this ,<J
2t interest grows an<l mightily he ps the ;'[5
jf? increase of the account. >'!
i\ If you don't know, cone In ami tot
A us allow you what a stated sum, de?
posited regularly, will come to in a
given period, with interest com- :(J
:Ji= pounded s<'ml-annual!y.
sJf The amount is likely to surprise
f jou. ,;>*
3C
? Heme Savings Bank,
% 7th St. and Mass. Ave. N.W.
K BRANCHES:
=:!= 7th and II Sts. N.E.
ft 436 7th St. S.W.
Total Resources More than Two
=!j: Millions. vj?
i . ^5
R11DQ ELY'S FORBOASTS
Send for our special letter. just Issued. on th<*
outlook; FREE. It Is not <>ft< D that nil OUtrflff
can make money In the sfook market. lint such ft
time Is at hand NOW. nur Hcgular i>nlly Letter
of Advice is $."? per montli.
A. N. Hinr.KI.V, 20 IIHOAD ST., X. Y.
Whem Traveliimg
?in America or abroad you will
find great satisfaction in using
the TRAVELERS' CHECKS
of the American Express Company.
(?7*Issued hy this lmnk in all principal currencies?
require no identification.
TlHIIC TO A fTMCITD^
11 1J JJ 1L-J U liA 1L^ 1L-3 1T\
NATIONAL BANK, i.?AT 'J?*
anSO-gSd
Capital, $1,000,000?Surplus, $1,400,000. <
/7T|rr^\0iniey Tmmsmittedl
MM BY CABLE.
?Drafts issued direct on principal
cities of the world.
?Letters of Credit issued.
T7 1 1 t-x i ? ?
?E-xciuinye uougni ana sola.
?Investments & Collections made
?Stock & Bonds bought & sold.
Rn ifTP ifTf ^ National
llggs BANK,
Pa.Ave.,opposite U.S.Treasury.
nOQ.OBil
t \
Perpetual Building
Association.
ASSETS *2,843,983.30
SURPLUS 227,250.05
PAYS FOLK PER CENT INTEREST.
L9ANS MONEY ON REAL ESTATE.
OFFICE. 508 11TII ST. N.W.
ANDREW GLASS.
President.
JG11N COOK.
Secretary.
?p12.tf 28
AN~ANNL'1TY TSSLED BY
The Mutual Life Insurance
Company of New York
Guarantors a fixed Income for life, which Income
Is protected by over four hundred and ninety-flra
millions of assets which have accumulated In ?
successful business experience of sixty-four years*
Rates will be furoibhed upon request.
THOMAS P. MORGAN
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No. 1333 F ?t. n w.
Second-Ftory front room. Telephone Main 112#
f 4-SOOt
Private Wires to Mew Yoriu
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Orders Issued Making New Assignments
of Officers.
Orders to officers in the revenue cutter
service liave been issued from the bureau
in this city, as follows:
First Lieut. F. C. Billard. granted thirteen
days' leave.
Capt. J. H. Brown, grantc 1 fifteen days'
extension leave.
Chief Engineer Willits Pedriek, granted
ten days' extension leave.
Capt. D. F. Tozier, detached from duty
with the life savins: service, ordered to his
home and retired from active service, for
age, by direction of the President, as of
September 2, 1907.
Capt. Francis Tuttle, detached from the
Bear and retired from active service, for
age, by direction of the President, as of
September 4. 1!K?T.
First Lieut. A. X,. Gamble, granted four
days' leave.
Second Lieut. \V. A. O'Malley, ordered
to the Forward as executive officer upon
expiration of leavj.
Constructor W. C. Besselleher. Jr., ordered
to proceed to Wilmington, Del., on
official business.
Chief Engineer C. F. Nash, granted thirty
days' leave.
First IJeut. C. T. Brian, detached from
the Forward and placed waiting orders.
Capt. Howard Kmery, detached from the
Forward and assigned to duty as assistant
inspector in the life saving service antl
temporarily as superintendent of construction,
Pacific cuaat, In that service.

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