The Worl<
Finance
Frequent and Sudden Changes
Marked Dealings.
SPECULATORS CONFUSED
Americans Reported Decidedly Firm
in London.
OPENING AT HIGHER RANGE
Initial Gains Followed by Sharp
and General Downward
Movement.
Special Pinpatrh to The Star.
NEW YORK. August 17.?Frequent and
sudden changes in the superficial tendencies
of today's stock market imparted
a very irregular and even unsettled appearance
to the day's dealings as a whole.
It is needless to say that these quick
shifts in the market's course could not
be accounted for by any corresponding
developments in outside conditions. Indeed.
the day was quite bare of important
news except of a routine nature, and little
or nothing of importance marketwtse
occurred over Sunday.
It was plain, however, that speculative
sentiment had become much confused by
last week's events in the stock market,
and a disposition was apparent to attach
somewhat more importance to the market
position of Boston's spectacular operator.
American shares were decidedly firm in
the London market, and prices in general
there were unaffected by the publication
of what purported to be an extraordinary
naval program on the part of the British
government. Operations here for foreign
accounts were in greatly reduced volume
and were conducted upon both sides of
the market.
Higher Range at Opening.
At the opening of business a higher
range of prices was commonly scared, a
number of the active Issues showing advances
of 1 point and over from Saturday's
closing figures. Cases in point were
Rock Island, Canadian Pacific, Missouri
Pacific. Great Northern preferred;- Northern
Pacific. National Lead. American
Smelting and Amalgamated Copper,
These Initial gains were succeeded by a
sharp and general movement, in which
the early advances were wholly, or in large
measure, obliterated. Subsequently the
market moved along the irregular lines
mentioned above, and in no time during
the day retained a definite tendency for
more than a few minutes. New York
Central was rather exceptionally heavy,
but the course of that stock was no more
definitely explained than were the movements
in other issues.
There was a large falling away in respect
to activity in connection with the
Irregular tendencies of the market and a
much greater concentration of interest
upon a small number of stocks than was
the cgse last week.
Firmneas of U. S. Steel. <
The comparative firmness of the United
Btates Steel shares was a matter of favorable
comment and a good impression was
created through the showings of earnings
made by the Union Pacific and Southern
Pacific companies for the month of June.
In the instance of the Union Pacific a decrease
in gross earnings of $506,000 was
converted into a net increase of $237,000.
The Southern Pacific made even a more
remarkable exhibit?a decrease in gross
earnings of $1,900,000 being converted into
a net increase of $230,000. The usual dividend
for the current quarter was declared
on Standard Oil stock.
Money market and foreign exchange cir.
cumstances showed no material alteration.
The banks begin the clearing house
week with a gain from the ssubtreasury
of $3,176,000. The commodity markets
moved Irregularly and their tendencies apparently
cut little figure in the uncertain
course of the stock market.
THE COTTON MARKETS.
NEW YORK, August 17.?The cotton
market opened Arm at an advance of 48
points on August and 5 to 8 points higher
on later positions. The big August
gain was on purchases of 300 bales, presumably
for belated shorts, but at the
advance considerable was offered for sale
and the prices quickly reacted 50 points
to 9.96. while later months reacted also
with the general list about 2 points net
lower to 2 points higher during the middle
of the morning. The market was very
nervous and local traders were rather aggressive
sellers on the opening advance.
Futures opened Arm. August. 10.25 to
10.48; October. 9.30; November offered at
9.17; December. 9.10; January. 9.06; March.
9.14; May. 0.16 bid.
October sold off to 9.16*, or 8 points net
lower, during the late forenoon under bear
pressure and scattered offerings through
houses with southern connections, which
were probably promote'd by the increasing
new crop movement In the southwest
and bearish crop advices. Prices rallied
a point or two from tthe lowest toward
midday, when the market was quiet and
4 to 6 points net lower. Spot quiet; middling
uplands. 10.50; middling gulf. 10.75.
Estimated receipts at the ports today.
5.000 bales, against 3.963 last week and
1,861 last year. For the week, 40.000
bales, against 24.007 last week and 10.978
last year. Today's receipts at New Orleans.
806 bales, against 816 last year, and
at Houston, 4,083 bales, against 1,148 last
year. '
THE GRAIN MARKETS.
CHICAGO, August 17.?Free selling of
wheat by several leading commission
bouses resulted in a 1-cent break soon after
the opening today, J^ter the market
rallied on covering by shorts. September
opened %a% lower at 92% to 98%. declined
to 92% and'advanced to 92%a92%.
September corn opened % to %a% lower
at 75%a75% to 75% and sold at 75a75%.
September oats opened %a% to %a%
lower at 45% to 46% and sold up to 46.
September pork opened 10c higher at
35.17%, ribs 7%al0 higher at 8.80. There
was nothing doing In lard during early
trading in provisions.
The wheat market became still weaker
later in the session, owing to heavy selling
by local longs and cash Interests,
prompted chiefly by sharp declines at
northwestern markets. t For September
the low point was reached at 91%. The
closa was weak with September down 1%
al%. at 91%.
A firmer corn tone developed toward
the middle of the day, when September
advanced to 75%. but the weakness of
wheat soon caused another decline. The
Hose was weak, final quotations on September
being off %c at 75%.
Close: Wheat?September, 91%; December.
93%al02; May. 97%a97%.
Corn?September, 75%; December. 63%;
May. 60%a?2%.
Oats?September. 46%; December. 46%a
47: May, 46%.
Pork?September. 15.07%: October. 15.22%
January. 16.02%.
Lard?September, 9.27%; October, 9 37%;
January. 9.10.
Rlbe?September, 8.77%; October. 8.87%.
January, 8.07%.
D..? 7B QAntamKor 77
Barley?Cash. fCatW
Timothy?September. 3.65;, October, 3.55.
Clover?October, 11.73.
Liverpool Grain Prices.
LIVERPOOL. Ausust !7.-Closln*:
Wheat?Spot, quiet; No. 2 red western
winter. 7s 6Hd: No. 1 California. 7s. lO^d;
futures, quiet; September, 7s 3%d; December,
7s 4T4d.
Com?Spot, Arm; American mixed. 7s
4d. Futures, quiet; September, 5s lOd.
Flour?Winter patents, steady, 29s.
Hops at London (Pacific coast), steady,
?1 13sa?2 5s.
?
i of
and Trade
HEW YORK STOCK MARKET.
' Furnished by W. B. Hibbs A Co., bankers
and brokers, Hibbs building, member!
New York Stock Exchange, Washington
Stock Exchange and Chicago Board o!
Trade.
Ops*. Hlfb. Low. 1-30.
Amal. Copper 7(1* 77% 75% TB*
I Am. Beet Sugar Co. 20% 30% 20 30
Am. Can Co 6% 6% 6%
Am. Can Oo., pfd... ...... ...... ...... .
Am. Car A Fdry... 40% 40% 40 40
Am. C. A F.. pfd... 102 108 102 108
Am. Cotton Oil Co. 34% 34% 34% 34*
Am. t ot. Oil Co.,pf. ...... ...... ......
Am. Ice Securities.. 29% 30% 20% 29*
Am. Locomotive.... 88% 56% 64% 65*
Am. Loco., pfd
Am. 8melting 02% OB 00% 02*
Am. Smelting, pfd.. 107% 107% 107 107
Am. 8ugar 133% 134 133% 134
Am. Sugar, pfd
Am. Tob., pfd
Anaconda 46% 46% 45% 46*
At., Top. A S. Fe.. 87% 87% 86% 86*
A., T. A 8. F.. pfd
At. Coast Line 91 91 91 91
Baltimore A Ohio... 98% 93% 93 93
B. A O.. pfd
Brook. Rapid Tran. 62% 62% 61% 52*
Canadian Pacific.... 176% 171% 170% 171*
C., C., C. 41 81. L... ...... ...... ...... .....
Central Leather.... 28% 28% 28% 28*
Cen. Leather, pfd
Chesa. A Ohio 42% 42% 41 42*
Chi. Great Western 6% 6% 6% 6*
Chi.. Mil. & St. P.. 144% 146% 148% 145*
C.. M. A St. P.. pfd
Chicago A N.W.... 159% 159% 159 169
Col. Fuel A Iron.... 83 33% 32% 32*
Col. Southern 33% 33% 83% 33*
C.AH.C.A1 22 22 22 22
Consolidated Gas... 136% 187 186% 136*
Corn Products 19 19% 19 19*
Corn Products, pfd
Delaware A Hudson 168% 166% 168% 168*
Del., Lac. A West
I Den. A Rio Grande
Distillers- Securities 36% 36% 36 86%
Erie, common 23 23 22% 23
Erie, 1st pfd
Erie. 2d pfd 28% 28% 28% 28*
General Electric.... 142% 142% 142 142.
I Great Nor Ore 65% 65% 65% 65U
Great Nor., pfd 137 137% 130*136*
Hocking Valley
Hocking Valley, pf.
Illinois Central 137 137 137 137
Interboro Met 11% 11% 11* 11*
Interboro Met., pfd. 32% 32% 32* 32*
International Paper
K. C. Southern
K. C. Southern, pfd
Louisville ft Nash.. 106* 106% 109% 106*
Mackay Co.'s 68 68 63 68
Mackay Co.'s, pfd.. 68% 68% 68% 68*
Mexican Central.... 16% 16% 16* 16%
M.. K. ft T., com... 31* 31% 31* 81%
M., K. & T., ptd... ..... ..... ..... .....
M , S. P. ft 8. 8. M. 118 118% 118 118%
M.. S. P.ft S.S.M.,pf
Missouri Pacific 66 56% 66* 55*
National Biscuit Co ~
Nat. Biscuit Co., pf.
National Lead 85% 86 84% 85*
N. T. Air Brake 75 75 76 i5
N. Y. Central 106* 106* 104* 105%
N. Y., Chi. ft St. L. 89% 39% 88% 38%
N. Y.. C. ft 8. L.. 2d
N. Y., Ont. ft W..t 42 42 41* 41%
Norfolk ft Western.
Northern Pacific.... 144 144 142% 143%
Pac. Mall Steam.... 24% 24% 24% 24%
Pennsylvania R.R.. 124* 124% 123% 124
People's Gas of Chi. 65 95 95 65
Pressed Steel Car.. 84 34 38% 33%
Ry. Steel Spring Co. 43* 48% 42* 42*
tty. S. 8. Co., pfd... ..... ..... .....
Reading 124* 124% 122* 128*
Rep. Iron ft Steel.. 22* 22* 21% 22
Rep. I. ft S.. pfd... 77 77 76 76
Rock Island, com... 16* 17* 16* 16%
Rock Island, pfd... 33% 33% 32% 38
Sloss-Sheflfleld Steel
S. L. ft S. F.. 2d pf. 26 28 28 26
St. Louis 8.W.. pfd
Southern Pacific.... 95% 95% 94% 94%
So. Pacific, pfd.... ....................
Southern Ry 19% 19% 19 19
Southern Ry., pfd
Tennessee Copper... 38 88% 86* 86*
Tol.. St. L. ft W... 26 26% 26 26
T.. 8. L. ft W.. pfd. 57 57 67 57
Union Pacific 165* 150% 154* 155%
Union Pacific, pfd..I
U. 8. Rubber 88% 88% 88% 33%
U. 8. Rubber, pfd./
U. S. Steel 4* 45 45% 44%
U. 8. Steel, pfd.... 45 45 44% 44%
Utah Copper 44% 44% 43% 44
Va.-Car. Chem. Co. 28% 28% 28% 28%
Va. I.. C. 4b C. Co
Wabash
Wabash, pfd 28% 28% 28 28%
Western Union
West. Else. Man... 88% 88% 88% 68%
Wisconsin Central.. 23% 24 23% 24
Wisconsin Cen.. pfd. 42% 42% 42% 42%
Woolen Goods 26% 28% 25 26%
Woolen Goods, pfd
BONDS.
Am. Tob. 4s 78% 73% 78% 78%
Am. Tob. 6s 108% 108% 108% 108%
B. R. T. 4s 74% 74% 74% 74%
Inter. Met. 4%a 88 66% 88 68
Rock Island 4s 65% 66% 65% 66%
U. S. Steel 6s 100 100 00% 00%
Union Conver. 4s... 04% 04% 04% 04%
Closing Quotations.
At the ctose of the stock market the following
stocks had changed in price since
above quotations, there being no change
in balance of the closing prices:
Amalgamated Copper, 77%.
Am. Car and Foundry, 40%.
American Ice Securities. 30%.
American Locomotive, 06.
American Smelting, 94%.
American Sugar, 134%.
Anaconda, 46%.
Atchison. Top. ? 8. Fe.. 97%.
Atlantic Coast Line, 90%.
Baltimore 4b Ohio, 90%.
Brooklyn Rapid Transit, 52%.
Canadian Pacific, 171%.
Central Leather, 28%.
Central Leather, pfd., 97.
Chesapeake and Ohio, 41%.
Ph< Mil an/4 S? *>?..! IJ?I
?M. ?!? ?
Chi. and N. W.ml58%.
Col. Fuel and Iron, 33%.
Corn Products. 16%.
Delaware A Hudson. 168%.
Denver and Rio Grande. 26.
Erie 1st pfd., 23%.
Erie, second preferred, 28%.
General Electric, 142.
Great Northern Ore., 66.
Great Northern, pfd., 137%.
Interfeoro Metropolitan, 11%.
Interboro Metropolitan, pfd., 33%.
Kansas City Southern. 24.
Kcnsas City Southern, pfd., 67.
Mo., Kansas and Teas, com., 32.
Mo., Kan. and Tex., pfd., 64.
Missouri Pacific, 66%.
National Lead. 86.
New York Central, 106%.
N. Y., Ontario and West., 42%.
Northern Pacific. 144.
Pennsylvania R. R., 123%.
Reading. 124%.
Rock Island, com., 17%.
Rock Island, pfd., 88%.
S. L. A San Fran.. 2d pfd., 27.
Southern Pacific. 65%.
Southern Railway. 16%.
Toledo, St. Louis and West., 26%.
Union Pacific, 156%.
U. 8. Rubber, 34.
U. S. Steel. 45%.
U. S. Steel, pfd., 106%.
Utah Copper. 44%.
Va. Car. Chem., com., 28%.
Wabash, 12%.
Wabash, pfd.. 27.
Wisconsin Central, 24.
Wisconsin Central, pfd., 43.
Woolen Goods, 26.
BONDS.
Interborough Met. 4%s, 68%.
Rock Island 4s, 66%.
Union Conver. 4s, 64%.
THE BALTIMORE MARKETS.
Special Dispatch to The Star.
BALTIMORE. Md.. August tT.?WHEAT? Dull
and lower: apot contract: 96%a?7; apot No. 2 red
western, M%a8S%; August, w%a97; September.
9G?4a98; December. 1.00: steamer No. | red.
93%a04; receipts. 114, 138 boskets;exports, TS.0W
bushels; southern by sample. STaM; euulbaiu ee
trade. ?3HaM)%.
CORN?Dull; apot mixed. 83%; September, 83%
asked; year. 60% bid; receipts. 1.804 bushels;
southern white corn. 83a67; southern yellow
pam fLtafiT
OATS-Dull and tutor; Ne. 2 white. old 57
5H, new SS^iM; No. 3 white, old MaM. new
A2a52Vfc; No. 2 mixed, old M. new. 51V*a52; recelpta.
lfl.480 bnahela.
RYE?Steady; No. 2 waetars domestic, SOaSl.
HAT?Steady, unchanged.
GRAIN FREIGHTS?Very quiet, unchanged.
Suicide of High-Degree Mason.
Special Dtepateh to The Star.
RICHMOND. Va.. August 17.-Wllliam
Krause, flfty-eisht years old, thirty-thirddecree
Mason, for quarter of a century
caterer for all the Maaonie ledges here
and for all state organisations of Masons,
fired a bullet in his brain this morning
and died instantly.
I
n1
LOCAL FINANCIAL NEW A
A broker at the meeting today of the
stock exchange wanted twenty shares of
Capital Traction stock. He got It by paying
138. which Is at present a high level
for that security. After call he bid 127*
for another similar lot, but .without suc.
cess. The asking price for the stock during
the call was 128*.
, The common stock of the Washington
Railway Company was offered freely by
i the principal dealer in It at 85. butfRhe
i trading was not. large.
A twenty-ftve-share lot of gas stock sold
for 64*. The stock was then offered at
i an eighth of a point in advance, but without
result.
i
Observers of current conditions agree
that the genera] business outlook is improving.
There Is a freer movement of
i merchandise, the expenditures of rail
roads are Increasing, while the prospects
? of the harvests are increasingly favorable.
' At the same time the upward movement
of the stock market is looked upon as
k liable to become an overdiscountlng of
this improvement unless it is checked.
The recessions of the latter part of the
week are looked upon as in the nature
of a corrective. The average price of the
1 leading industrial stocks is 12 points high1
er than a year ago, while the average
price of leading railroad stocks Is 11
points higher than it was a year ago.
At the same time, as a supplement to
the record of improvement in business Is
i the greater ease of the money market,
t with commercial paper quoted at 8* and
4 per cent, while a year ago the rates
b were 6* and 7 per cent. The same con
trast is found in the call money rate,
b which a year ago was 3 per cent and now
k is 1 per cent.
k a
Washington Stock Exchange.
i Sale*.?Regular call. 12 o'clock noon?Capital
Tract-ton, 20 at 128.
Washington Gaa. 25 at 84*.
Mergenthaler Linotype, 3 at 207*.
k United States TYust. 5 at 84, 5 at #4.
I After call?Washington Rwy. and Eke, com.,
. 30 at 33. 50 at 35. 100 at 35.
b GAS BONDS.
Bid. Aakad.
Georgetown Gas 5s 107 112
, Washington Gaa 4a 08* 103
Washington Das cert. 6a 109 110*
RAILROAD BONDS.
: Capital Traction 5s.....' 112* 113
k Anacostia and Potomac 5a 88
> City and Suburban 5s 67*
, Columbia 3a 103 104
Columbia 6a 109* lit
Metropolitan 5s 168
' Washington Rwy. and Elec. 4a... 81* 82
MISCELLANEOUS BONDS.
Potomac Electric Light 5s 105*
t Nor. and Wash. Steamboat 5s 105*
v Chesapeake and Potomac Tel. 5a. 106 104
Washington Market 5s. 1927 107
Washington Market 5a. 194T 107
PUBLIC UTILITY STOCKS.
capital Traction 127% 128%
1 Washington Rwy. and Elec. com.. 34% 35%
Washington Rtr y. and Else, pfd.. 92% 99%
I Nor. and Wash. Steamboat 299 300
, Washington Gas 94% 94%
, Oforfrtown Oas 45
Bell Telephone of Pa 100
TYPE MACHINE STOCKS.
Mergenthaler I.inorj-pe 205 210
Laniton Monotype 11% 12%
I MINING STOCKS.
Greene Cananea -11 11%
Mitchell % %
I NATIONAL BANK 8TOCK8.
American 190 175
. Capital 1T0
' City 145
> Colombia 277%
Commercial i 163 179
i Farmers and Mechanics' 300
Lincoln 125%
Metropolitan 219 250
Second 145 150
1 Washington 395 420
TRL'ST COMPANY STOCKS.
American Security and Trust lis 221
I National Safe 190 195
1 Colon Truat 115 117
Washington Loan and Trust 187 190
U. 8. Truat 94 99%
SAVINQ8 BANK STOCKS.
Home Savings 280 350
Msrchants and Mechanics' Savings 140
1 Union Savings 235 293
FIRE INSURANCE STOCKS.
Arlington 29% 32
Columbia 10 11%
Commercial g 6
Corcoran T4
Firemen's 19 20
Franklin 54 65
German-American ; 267 900
Metropolitan 30
National Union 6
People's 6 9
Potomac 27 29
Biggs 7% 1%
TITLE INBURANCB STOCKS.
Columbia 8
Real Estate SO
MISCELLANEOUS STOCKS.
Graphophone com 12 90
Orapbopboue pfd 40 52%
Merchants' Transfer and Storage 110
Security Storage ISO 200
Washington Market IS 20
THE FOREIGN BANKS.
LONDON. August 17.?Bar gold, 7T?
9"%d. American eagles, 76s, 5d.
PARIS. August 17.?Closing: Three per
cent rentes, 96 francs 37% centimes for the
account. Exchange on London, 25 francs
15 centimes for checks.
BERLIN, August 17.?The weekly statement
of the Imperial Bank of Germany
as compared with last week's Is as follows:
Cash In hand increased 32,129,000 marks.
Loans increase 5,544,000 marks.
Discounts Increased 8,871.000 marks.
Treasury bills Increased 35,450,000 marks.
Notes in circulation decreased 39,631,000
marks.
Deposits Increased 92,509,000 marks.
Exchange on London, 20 marks 40%
pfennigs for checks.
Discount rates?Short bills and three
months' bills, 8 per cent.
THE LONDON MARKET.
Special Cablegram to The Star.
LONDON, August 17.?It was the Quietest
bull session on the stock exchange today
in several weeks. The course of the
markets in the late afternoon was checkered.
Consols closed a shade lower at
86 5-16. The American railway department
was idle but fairly Arm at the official
close. Prices on the curb receded %
to % in response to New York advices and
the influence of reports that the prospect
of Bryan's success was brightening. Canadian
Pacific ended % under official closing.
Grand Trunks, however, were repurchased
at advances from % to 1. An
investment demand influenced Japanese
government bonds, which improved % to 1.
The international markets were narrow
and mixed. Russian imperial 4s lost
their early gain, ending unchanged at 97,
but the 5s continued Arm, scoring a fractional
net advance at 97. Rio Tintoe ended
down %, at 68%. De Beers gained 1-16
on balance at 11 13-16. The continental
bourses were quiet. .
London Closing Stocks.
IjOVDON. August 17, 4 p.m.
Consols for money 86%
Consols for aeeotmt 88 5-16
Anaconda 8%
Atchison 88%
Atchison pfd 87
Baltimore sad Ohio 96
snsdlsn Pacific 175%
Chesapeake and Ohio 48
Chicago Greet Westers 6%
Chiracs. Milwaukee and St. Paul 148%
and 11a fipinda Qjlfc. I
Denver and Bio Grande pfd
Brie 23%
Brie lat pfd 39
Brie 2d pfd ?
Grand Trunk 18%
IUIuoie Central 140
Umlarille and Naehvllle 112
Mlaaouri. Kanaaa and Texaa 32%
New York Central 100%
Norfolk and Wee tern 76
Norfolk and Wee tern pfd 88
Ontario and Wwtern 48%
Pennsylvania 64
Rand Mtaee 6%
Reeding 68%
Southern Railway 19%
Southern Railway pfd 80
Southern Pacific 67%
I'nlnn PaollU ljlfitZ
Union PacliSc pfd 87
United State* Steel 46>4
United State* Steel pfd 111%
Wabash It
Amalgamated Copper... 79
Bar atlver, steady. 23 11-180 par ounce.
Money, %a% per cent.
The rate of discount In the open market for
abort Mils la 1% per cent.
The rate of discount In tbe open market for
, three-month bill* la 1 7-16al% per cent.
OoTsrnmsnt Securities.
Bid. Asked.
S per cents, registered. 1930 108% MM
2 per eenta, coupons. 1930 1084,
8 per cents, registered, 1908-18.. 1004, 101%
8 per cants, coupon*. 1908-18 1004, 101%
8 per cents, coupons, small, 1908-18 19041
4 per cents, registered, 1985 1S0V, 181%
4 per cents, coupons. 1985 181V , 122
2 per eenta. reg.. Pan. Can.. 1930 102 108%
e
The flfty-ftrst annual exhibition ef the
York County (Pa.) Agricultural Society,
the program for which has just been completed.
will be held from October 0 to
, 9, inclusive.
v
FpyAirciAi.
! NA'
To My Friends, the W
I had intended today's ac
the magnificent way you hav<
stances demand sterner thinj
The stupendous, overw
made to my call has broughi
handled with X-ray delicac
brokers' facilities for handlii
become clogged from your fir
urday) we are all buried ber
orders, and it may be days be
and assort the orders we' nc
week after, when the public
pamphlets, the receipts of m
(lous.
The fact that I have one
checks, cash, money orders
today, which have not even 1
today's mail is as yet unopen
it is understood I execute n<
along to stock exchange am
give you a peep at the situat:
phlets already run into milli
pamphlets represent the hea
ing, which will not comment
and read. By working a nun
night we will begin to mail
on Wednesday, and from th<
bands I look for a serious c
The following has been and
of vital importance that neitl
our tremendous success, get
First?I am holding the j
old holders who wish to sell
and thus enabling new holde
Second?As the tremens
price I will do all in my pow
vance will be orderly, and t<
every buyer sending orders ;
price, so that whoever receiv
per share, Boston price, for i
sell "National Stock" in the 1
basis which makes the Bostoi
because it is of the greatest ir
away market. The necessity
in the fact that over 50 out-c
houses have already wired fc
pamphlets each, and their te
to the effect that their hous<
buyers who demand the p
stock.
Third?I earnestly ask t
to any one have patience in r
time bearing in mind the pec
whelming success of my plan
Boston, August 15, 1908
WHOLESALE MARKET REPORT
Quotations given below are for larg<
lots. Jobbers' prices are higher.
EGGS. ? Nearby fresh Virginia, 20
west Virginia and southwest Virginia
IS; Tennessee, 18.
BUTTER. ? Creamery, fancy, zeazo
Western firsts, 21%a22: seconds, 19a21
Process, fancy. 10a2O; fair to good, 10a
20. Store-packed, fresh, 15al6.
CHEESE. ?New York state factory
new, large, 13a 14.
POULTRY.?Chickens, spring, per lb.
lftalfi; hens, per lb., 12; roosters, pei
lb.. 7; keats. per lb-, 10; turkeys, hens
per lb., 13; turkeys, toms, per lb., 10
ducks, per lb.. 8al0.
DRE8SED POULTRY.?Hens, choice
per lb.. 14alS; roosters, per lb., 0; chickens,
per lb., 16al8; ducks, per lb., Ilal3
VEGETABLES. ? Potatoes. new, pei
bbl.. No. 1, 2.00&2.90; potatoes. No. 2, pei
bbl., 1.00al.25; sweet potatoes, per bbl.
2.60a8.00; yams, per bbl., 2.00&2.25; cucumbers,
per basket, OOal.OO; onions
per box, 75; peppers, per carrier, 50
cabbage, per bbl.. 1.00al.75; eggplant
per bbl., 2.00; per dos., 30&50; squash
per bbl., 73; snap beans, per basket
40a50; per bbl., 1.00al.2fi; new beets
per bunch, 2a8; lettuce, per basket, 1.0<
al.BO; tomatoes, per box, 75al.50; rad
lshes, per 1.00, 1.00al.25; green corn, pei
dos., 10al5; celery, per bunch, 40a50.
GREEN FRUITS.?Apples, new, pei
bbl., l.OOaS.OO; oranges. Cal., per box
3.00a4.00; grape fruit, per crate, 3.00a
4.00; pineapples, Fla.. per crate, 2.00i
2.75; peaches, per crate, 1.00a2.00
plums, per crate. SOal.OO; cantaloupes
per crate, 75al.50; watermelons, each
16a40; pears, per bbl., 3.50a4.50; pei
basket. 100al.25.
HAY AND STRAW. ? Hay. western
No. 1, 13.50al4.00; No. 2, 12.00al2.50
mixed. 11.00al2.00. Straw, rye, bundle
14.00al4.50; rye, machine thrash. 10.00a
10.50; wheat, 6.00a6.50; oat straw, pei
ton, 0 OOa0.5O.
8EEDS.?Clover, per bu., 8.85al0.85
alsike, per bu., 10.00al0.50; timothy, pei
bu.. 2.00a2.0a LIVE
STOCK.?Cattle, extra, per cwt.
0.OOO5.25; medium, per cwt., 400a4.50
ordinary, per cwt., 2.00a8.00; hoge, pei
cwt., gross, 8.50a8.75. Sheep, per lb.
3; spring lambs, choice, per lb., 6; medium,
per lb., 5H> Calves, choice, pei
lb.. 8a8tt; medium, per lb., 7%.
BEEF CUT8?Ribs, No. 1, per lb., 14
No. 2, 12; No. 8. 10. Rounds, No. 1. pei
lb., 10; No. 2, 9; No. 3, 7. Loins, No.'1
per lb., 14; No. 2, 12; No. 3, 10. Chieks
No. 1, per lb.. 8; No. 2, 7; No. 3, 6.
WOOL AND HIDES.?Wool, washed
fre? of burrs, per id., i?wi; unwasnea
per lb., 20. Hides, green, per lb., 8; dry
per lb.. OalO. Sheepskins, green, each
50aT5; dry, each, 25a60. Calfskins, green
ach, 1.00al.25. Dry flint hides, per lb.
0; dry salted hides, per lb., 8.
GRAIN.?Wheat, per bu., 85a94. Corn
shelled, new, per bu.. 35afl0; ear. 4.25s
4.80. Oats, western white, No. 2, pei
bu., 63a68; mixed, 62a64. Bran, per ton,
80.00a82.00. Middlings, per ton. 82.00a
34.00.
REAL ESTATE TBANS71B&
BROOKLAND?Benjamin F. Lelghton
trustee, to Jesse E. East lack, lot 12
block 30; $620.
MOORE'S VACANCY?Laurence M
Greene et ux. to Josle Ryon, part lot
12; $10. Josle Ryon to Laurence M
Greene, lot 53, square 1282; $10.
M 8TREET NORTHEAST between Nortl
Capitol and 1st streets?William E
Pickford et ux. to Robert C. Shlnn
lots 12, 15, 16, 17 and part lot 14, squan
073; $10.
LE DROIT PARK?Harriet E. Rice U
James B. Tompkins, sub lot 21, block
0; $10.
MOUNT PLEASANT AND WIDOW'S
MITE?Alexander Wolf et al..to Ashley
Apartment House Company, lot!
22 and 23. block 3; $10.
THIRTEENTH STREET SOUTHEAST
between G and I streets?Martha A,
Foos et al. to Mary E. Wright, pari
lots 1 and 38. square 1020; $10.
CUBE QUOTATIONS.
Qsetstloas famished by I. P. Button A Co.,
embers New York Stock Exchange; G. Bowl!
Chlpman. manager, laoi f at. a.w.
Open. Hick. Low. Closs
Boston Col'd Oop 13% 13% 13% 1M
British Col. Cop 6% 6% ?% ?J
Butte Coalition 37% 27% 26% 26%
Chicago Subway 22% 22% 22% 22V
Cumberland Ely 8% 8 8% n
Darla-Daly 2% 3% 2% 2VI
Dominion Copptr.... 3 2 2 2
GotdftaUl Cooa tad... 6% 6 7-16 6% 6U
Greene Canaaaa 11% 11% 11% 111
Groans Oold-Sllrer... % % % V
Hlemac GoM Mta... 3 3% -2% 2*
Nnata Coaaol 14% 15% 14% 151
Narada Smelting ... 1% 1% 1% IV
Katada-1'Uk Cop.... 3% 8% 8% 3V
Nlpiaalpg Mining 8% 8% 8% ?V
Standard Oil 648 648 648 648
M-BttlUon 1% 1% 1% lh
Say ,!* 8? d*
K?W. oi..v:.v. }*??? a i"
* ? %
I FIHAITCIAL [
TIONA
A CR
rhole American People:
ivcrtisement as a thank you for
: answered my call, but circumjs
than thank yous.
'helming responses you have
t about a crisis which must be
y. All my facilities and my
rig- your mail and orders have
st day's response. Today (Satleath
your mail, telegrams and
ifore we can even open the mail
>w have, while next week and
receives the "National Stock"
iail and orders will be tremenlot
of about 10,000 orders with
and stocks attached, left over
fc>een assorted, and the fact that
ied, and the additional fact that
3 orders, but simply pass them
1 responsible curb houses, will
ion. The applications for pamons,
and these applications for
vy and more businesslike buyre
until pamphlets are received
iber of printing houses day and
pamphlets and Reward blanks
; time they get into applicants'
log in the execution of orders,
will be our procedure, for it is
lier you nor myself, because of
rattled.
stock at 2 or under, allowing all
and take their profit to do so,
rs to get in fair,
ious future-buying crowds the
er to regulate it so that its add
this end I earnestly ask that
as late as Wednesday limit his
es his order cannot pay over $3
t must be understood that they
!^ew York market on a peculiar
1 price of $3 read $6. I say this
nportance that we have no runfor
this precaution can be seen
>f-town banking and brokerage
>r an average of 5,000 to 10,000
legrams are almost all uniform
es are besieged with hordes of .
amphlets before ordering the
hat every one sending an order
egard to its being filled, all the
:uliar situation which the over
s has brought into existence.
I.
1 - ' i ' ?
? e
ANACOSTIA AND VICINITY.
| Conditions along the water front at
Anacostia, the result, it Is explained, of
certain construction work for the District,
[ have been called to the attention of the
District authorities by Engene E. Thompr
son, acting for the executive committee
of the Anacostia Citizens' Association.
, The building of the outfall sesrar across
the river, with the filling In at the Ana;
costla side for an approach to the new
' bridge, has resulted in the lodgment of
object ion able matter which cannot be
! carried out any more, and one of the
. principal reasons for a protest being en'
tered is on the ground of danger to the
' health of the community.
Mr. and Mrs. Charles F. Roberts and
, little son Francis of Mount View place
; left Saturday for a trip to Boston by sea.
Mervln Farmer, son of J. L. Farmer of
, W street, has gone to Fredericksburg, t
XT<a i/v mi 11 ri 111 vtri Vi eslS ItrAe 4iiHnw tbd
t ? ? f ?-Vf axraaaaaaia nun i viaii?vo uuiiii^ ?nv
, rest of the summer. Mr. Farmer will
> shortly also go to Fredericksburg.
Ralph Williamson of U street and Roy
r Dorsey, his cousin, are at Ocean drove,
N. J.
f Miss Emma Mollneau of V street is on
a trip through Canada, following a visit
i to New York.
i Jefferson B. Redd of 13th street has
; gone to Niagara Falls.
, Mrs. Honoro O'Brien of the Govern,
ment Hospital left today for an extended
r stay at Wildwood, N. J.
William Webb and Walter Tolson will
spend the next few weeks at Atlantic
! City and Cape May.
Miss Fannie Carter has gone to tho
J vicinity of Leesburg, Va., to be absent
r several weeks.
Miss Agnes Barry of Baltimore Is the ;
. guest of relatives In Anacoetia and Wash'
ington.
After a visit of several weeks at Atlantic
City, Miss Mary O'Leary, of the
Government Hospital, has returned to bar
post of duty.
r David Coleman, patrol driver for the
police station in Anaoostia, has returned
' from a visit to relatives near AQuaaoe,
r Md.
Policeman Coleman R. Brown, of the
; Anacoetia force, haa returned from Riverf
ton. Warren county, Va., where he was
. summoned several weeks since by the ill,
ness of? Beverly W. Brown, his father,
who died shortly after Mr. Brown reach,
ed home. The deceased, who was an ex- *
, soldier, was a prominent citizen of War,
ren county ana was seventy-three years
. old. He was burled in the family
, plot on his large farm.
WIPED OUT BT FLAKES.
,
i Hotel and Cottages in Xaatekill Baj p
Section Burned.
1 ALBANY, N. Y.. August IT?Word was I
received here today that the entire Kaatskill
Bay section of Lake George, Including
the Kaatsklll Bay House and a dosen j
cottages, had been burned.
The lire started about 9 o'clock thla
morning from a defective flue in the May.
flower cottage, owned by Mrs. N. F. Nelson.
The flames spread rapidly to surrounding
cottages and reached the Kaatsklll
Bay House, which was practically destroyed.
There was no means of lighting
the Are and the residents gathered as
many valuables as possible and left the
I dwellings.
j The Kaatsklll Bay House had about 135
gueats. The proprietor is A. P. Scoville.
The amount of loss sustained is unknown.
Building Permits Issued.
The following building permits wars Issued
today: *
To A. A. Lane, for three two-story j,
brick dwellings at 313-815-317 T street
> nortneast; architect, J. m. uane; nuuaer,
John H. Lane; estimated cost, 99,000.
T.i P. Curry, for one two-story wood
| dwelling at B street northeast, Clear
\ Woods Heights; architect, C. B. Braxton;
i builder, C. B. Braxton; estimated cost,
, $1,500.
? To W. P. Nash, for one two-story brick
dwelling at 16 L street southwest;
\ builder, W. F. Nash; estimated cost,
' 15.000. K
f To H. Lewis, for one three-story brick ,,
f apartment at 1433 T street northwest; 1
I architects. Wood. Donn tc Demlng; c
: builder, J. H. Nolan; estimated cost. 995,- G
000. c
I To T. D. Casey, for one two-story ?
> brick store and dwelling at 832 14th street f
l southwest; builder, it Jennings; sstl- v
mated cost, 16,000. J
?
I
ramoAL. |
L STC
Yesterday's transaction in
from the offieial sheet, were o\
and New York alone. This br
ords for a day's business in a sir
the market for "National Stocl
other stocks were crashing. T
of "National Stock" were trad
500,000, and the two days bel
breaking all records.
There are 3.700,000 shares
the hands of 60,000 stockhold
many of these will sell. Then 1
the treasury, which I wish to
the treasury.
$4 a share for 5,<
$6 a share for 5,c
$8 a share for 5,c
$15 a share for i,<
This means I must have da
ulate the market.
While I earnestly ask ev<
tinue sending in their orders f
but mote earnestly, ask all sucl
the tremendous task I have u
during the next week or so whil
not get rattled at this end, and
few weeks to put in 26 hours a
are off on schedule time and
shown to be fitted to the actual
has brought into existence, yo
mind that you must do your s
and in remembering that ours
condition which has ever exisi
Already the System is pani
run. All System stocks during
the publication of my plans, ha^
the decline since my advertisir
to 20 points in the active stoc
centuated by the fact that all
gathering in millions of savings
Stock."
In sending you this brief <
you to withhold from doing an;
further hurt the market for S;
has already been greater than
So firmly am I of the opinion 1
can people everywhere at the
continuation of the past two or
tern stocks that on Monday I
the decline and bringing about
fairs in Wall street. I think ]
power at the present time is en<
decline of the past few days Sy
THOMAS
t
iiiiiiiiiiiiiiiiiii 1 Minimum mm 111 lining
Capital and Praflta Over $1,475,000.
A Small Deposit
?as little as ten cents?will
enable you to become identified
with the banking dept. of
this strong, interest-paying
institution. Why delay opening
an account ?
tfPUaiform rate of Interest paid.
National Savings &
Trust Company, ?
ICor. 15th and New York Ave. j
FORTY-SECOND YEAR, j
.ff'""".''".'"!!'!
i "flat Has !!)
I le Done?" 11
: ,{ \
\ ? Napoleon's Famous Question.
1 What query could be more j.
| direct, more pointed. Incisive and 1: !
; appropriate than Napoleon's s
famous question in the event of )t ;
; your looking up a builder's *' II
record. WHAT HAS HE DONE j ' j
| dearly shows WHAT HE CAN \ \ 1
DO. Judge the future by the \;
s past. If you wish to engage ;
a responsible builder kindly look },
1 up the record of j j
; ARTHUR COWSILL, I i 1
! "The Builder Who Makes Good." j ;
! HI BBS BLDO., 723 15TH ST. N.W. s t 5
: f
HE REGULAR ANNUAL MEETING OP THE
MekkoMfi* of the West Viralnla-Plttabexa Oil
sad Gee Onnpac; will be held at 40 Metseratt
bundlag. 1110 P St., Washington D. C., on Septesiber
12, IMS.
A T. VICgBBS, Secretary.
Money at 5%
LOANED ON D O. REAL ESTATE.
Heiskell & McLeran, 9
esss-tf tees a ;
Visitors Begistersd.
The following visitors to Washington
agist ared today at The Star office:
Joseph Collins and wife, Wilmington,
J. C.
B. R. McGlnty, Greenville, Miss.
B. I* Owen, Greenville, Miss.
Dr. H. W. Hodge and wife, Wichita,
Can. J
R. T. Wtndham, 8umpter, 8. C.
W. T. Eiens, Sumpter. 8. C.
W. U. Palo us, Biloxt. Miss. ,
P. A. Engslbardt, Blloxl. Miss.
Paul Cspdcvisile, Jr.. New Orleans, La.
B. Button. Blloxl, Miss.
O. Fortner, Blloxl, Mlse.
Mrs. Henry Hymes, Memphis. Tenn.
Henry Hymes,' Memphis, Tenn.
Walter A. Marx, Memphis, Tenn.
E. Deupree. Memphis, Tenn.
W. T. Townsend, Cleveland. Mis#.
Mary Stewart. Missoula. Mont.
Miss Chamneas, Clio, 8. C.
Miss E. Chamnass, Clio. 8. C.
Miss Hamer. Clio, 8. C.
O. P. Pearson, Buckstown, Pa. {
Walter Thles, St. Louis, Mo. ?
Alma C. Thles. St. Louis. Mo.
Edna M. Thles. St. Louis. Mo. (
C. V. Miller and wife, Slingerlands, N.T.
Mrs. John E. Cox. Terra Haute, Ind.
C. M. MoCalla and wife. Terra Haute,
nd.
C. F. Williams and wife, Terre Haute,
nd.
Mrs. W. M. Hector. PlttAutf, Pa.
W. E. McClelland. Pittsburg. Pa.
L. W. Abshlre. Logansport, Ind.
Mrs. J. W. Abshlre. Logaaspert, Ind.
Mary Bestler, Milwaukee. Wis.
Anna Bestler, Oshkosh, Wis.
C. C. Myers, Charlotte. N. C.
Baltimore Banker Dead.
BALTIMORE. August IT.-Prank 8.
(ambleton, senior member of the bank*
ag house of Hambleton A Co., of this
Ity, died yesterday at Bad Nauhslm.
term any. Word to this effect was reslvsd
hare today. Mr. Hambleton eras
romlnent In the financial circles of BalImam
U. mm# iKmid frtr M( h##ltk fit
uljr. Hi vh fifty-four jwri oM. IH
?
gnrmcuL.
?CK
"National Stock," quoting \
er 800.000 shares in Boston
eaks all stock exchange recigle
stock. At the same time
c" held at the top, while all
he day before 500,000 shares
led in; the day before that
fore that 400,000 each, also
of old outstanding stock in
ers. No man can tell how
there are 16,000,000 shares in
so dispose of as to average
doo.ooo shares
xx>.ooo shares
x?,000 shares
X?,000 shares
lys or weeks in which to reg;ry
one everywhere to Conor
"National Stock," I also,
li to constantly keep in mind
ndertaken and my situation
e handling it. While we will
while we will be able for a
day until our different trains
our time tables have been
conditions which our success
u should constantly bear in
hare in the way of patience
; is the most extraordinary
ted.
ic-stricken and on a frenzied
; the past few days, or since
ire been smashing wide open,
1 g began having run into 10
ks. This, too, has been acsections
of the country are
for investment in "National
outline I earnestly ask all of
pthing at the present time to
pstem stocks, as the decline
present conditions warrant.
:hat it is best for the Ameripresent
time to prevent the
three days' market for Syswill
take a hand in staying
an orderly condition o? af[
can do this, as my buying
ormous, and after the serious
stem stocks are cheap.
iW. LAWSON
Capital and Surplus. WJOO.OW.
All Foreign Coun-1
tries are Covered 1
by the Letters of j
Credit Issued by
This Bank.
If going abroad, you'll
find it safe and conven|
ient to carry funds for
your trip in this form.
Consultation on this
subject invited.
^Foreign money
bought and sold at current
i rfltaa
* SlVOi
I
International Banking
Corporation, 14150 St* i
Uptown Branch, lltt Conn, awn i
Downtown Branch, Center Marl^L
f
I
M
; Savings Count
More in securing capital than
earning or making. Many a man.
saving a little by little, has gained
enough to start himself in profitable
business. Many another haa
secured for himself an old ago of
independence and comfort In the
same way. What they have done
you can do.
And don't forget the power of < >
Interest. A savings account here
earns 3 per cent Interest.
T ? r WW a
nome savings uanic,
7th and Mass. Ave. N.W.
BRANCHES:
7th and H Sts. N.E.
436 7th St S.W.
Under U. 8. Treasury Supervision. 1
anlT-tf
I
rhc Safest Investments
iKlkoMtlntte tot (actuU4nti|te
Markets, first 4ss4 mt tnsTaHii MM
tks District sf Oslombu. csastttsts "gnt
?s^. Si2:usa"?*.S33!
Swartzeil, Rheem
& Hensey Co.,
m urn sr. k.w.
sslB-d.e8o.aO
mmm
! Capita 1. fi ,000,000?s?ryi as, fUMteoe! Hi
Drafts iMract II
?Ob prlaclpBl cltiM of tlM vtrii '
Letters of Credit issued. I
Exchange bought and sold.
Investments & Collections made.
Stocks & Bonds bought ft told.
RisrsstST
Pa.A^^op^Mitey^ST^^w^j
%
>