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Evening star. [volume] (Washington, D.C.) 1854-1972, January 23, 1912, Image 14

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The World of Finance and Trade.
Washington; New York; London.
BULLS GETCONTROL
Prices Stiffen Up After Pres
sure Is Removed.
SLIGHTLY OFF AT FIRST
Recoveries Made, However. When
Profit Taking Ceases.
HEADING EASILY LIFTED
Western Carriers Also in Moderate
Demand and Specialties Re
spond to Pools.
NKW YORK. January 23.?Tin- lead
ing speculative Issues were under prcs
s :ro at the opening of the stock market
today and prices gave way moderately.
Inited States Steel was sold heavily and
lo*i The JIU1 stocks weakened after
theii recent rise, both Northern Pacific
tnd Great Northern preferred falling S
American Telephone and Railway Steel I
Sjrlr.g dropped a point and Union Pa
cific rv. Texas Company rose 4'i
Buying orders were uncovered at the
lower levels and there was a brisk rally,
which amounted to IV. in Great Northern
preferred, ano 1 In Northern Pacific and
Reading:. Trading became quiet after
prices had been mostly restored 10 yes
terday's closing level or above. I>ela
?are A Hudson declined 1 and Liggett &
Myers 2 points. American Can preferred
improved 1*4.
Market Stiffens Up.
Although the market early in the day
was affected unfavorably by the heavi
ness of some of the leading issues, es
pecially United States Steel and the Hill
shares, it displayed considerable under
lying strength, an.l quotations stiffened
after the selling orders had been cleared
up. United States Steel was influenced
by the report of the corporation com
missioner and by the proposed cut in
steel duties. Heaviness of the Hill storks
presumably was due to profit-taking, and
these shares rose briskly when pressure
from this source was removed.
Ball operations wore concentrated to a
large extent in Reading. That stock
was with ease lifted to 158%, there
by making up more than its divi
dend of 1% which came off the price to
day. Western Issues were in moderate
demand and Union Pacific sold a point
above its earlier low level. Bonds were
steady. ?
Some of the specialties responded to
pool manipulation, but the general rail
road list was quieter and slightly oflf
from the best. Third Avenue was freely
bought at an advance of l% and Ameri
can Can preferred reached W.
Dullness was accompanied by lower]
prices in the afternoon, the reaction from
the best reaching \ of a point in Read
in* and about half a point in other active
stocks. A few specialties were distinctly
heavy. American Telephone and West-1
ern Union sold a point below yesterday's
closing.
GRAIN AND PROVISIONS.
NEW YOKE.
NEW YORK. January 23.?Flour
Firm'and higher; spring patents. 5.20a
5.40: winter straights. 4.20a4.30;
straights, 4.65rt4.75.
Wheat?Further weakness abroad,
together with continued big northwest
teceipts. induced liquidation in wheat
this morning and a drop of ^4 in prices.
May. 1.04%al.05.
Pork?Steady.
Beef?Steady.
Lard?Easier: middle west, 9.10aS,20
Raw sugar?Steady; muscovado, 89
test. 3.95: centrifugal, 96 test, 4.45;
molasses. 89 test. 3.70; refined, steady.
Petroleum?Firm; refined, barrels,
7.85.
Molasses-Steady.
Hay?Quiet.
ItMes?Steady.
Leather?Firm.
Butter?Steadier: receipts. 10.4JW pack- j
creamery specials, 38; extras. *7;
firsts. 34)&a3M^: creamery held, specials,
STV; state dairy, tubs, iinest, ?K>>4a37%;
factory, current make, firsts, 25^4; eecH
onds. 2?u-. packers' stock, current make.,
No. 2. 2:'.U?24; packing stock. No. 3. 21a ;
t
Cheese?Firm: receipts, 2.00ft boxes:
state, whole ntllk. fall and earlier, average j
fancy, 1?V ??
Efcgs?Steady; receipts. 4,448 cases.
All other grades of butter, cheese and
eon unchanged from Monday's prices.
Poultry?Dressed quiet and easier: west- j
ern cnickens. i::Ua)9; fowls. I3*ialfi??;
turkeys, 12a21.
CHICAGO.
CHICAGO. January 21. ? Bearish Euro1
pean crop advices caused weakness to
day in the wheat market here. Reports
mt larger shipments from the Argentine
had a similar effect, and so did liberal
receipts north weet of Chicago. The open- .
in* was the same as last night to
down. May started at 1.00-* to 1.00%, a
loss of \ to Vj. hut reacted to 1.00%.
Mlkl weather made the corn market
easy. May opened a shade to M off, at
to taiati6^ and seemed disposed to
krep within that range.
Oats succumbed to the downward drag
??? wheat and com. May started un
Ibaiiged to Stt1* lower, at 4JH4u4!?^? to
!:???, and r* mulned near the lower level.
Selling of a scattered sort caused a flip
in hog products. First sale* were 2^
lower to "?c up. with May delivery M.05
ior pork, !'.*? for lard and for ribs.
LIVERPOOL
IjIVERPCX>L January 23.?t 'losing:
Wheat?Spot steady: No. 1 Manitoba. 8s
5Vj<1 ; No. 2 Manitoba. 8s 4'^d; No. 3 Man
itoba, 7s llV*d. Futures dull; March, 7s
7VI: May. 7s M*d; July. 7s M*d.
< 'or n?Spot firm; American mixed new.
?is *id; American mixed old, 0s lid. Fu
tures dull; January, tie; February, ,"?s
tl'.d.
BALTIMORE MARKETS.
KALTIMOtfUC. Md.. January 2'i.?Wheat
?".Juiet: spot contract, HM-j; spot No. 2 red
western. !*>: January. : February, IW!*;
May. l.?ti4; steamer No. 2 red, 9$. *
Corn?Firm; spot contract. 7o; January,
February, March. steam
er mixed, ?7*?; r?cel))0, 253.1H& bushels;
export*. 412>,:?."> bushels.
oats-Steady: No. 2 white, MlaoTtH; ;
standard white, 541fca&?; No. 3 white, !
.'.U"4S receipts. oyb3C? bushels.
Rye?Quiet; No. 2 western domestic.
l.'jOal.Ol: receipts. U.40U bushels.
Hay?Firm; unchanged.
Grain freights?Firm; unclianged. .
NEW YORK CURB PRICES.
tation.- fuvuiaSrd by W. B. Bibb* i C*.,
jsaaibera New York Stuck Kickiwe.
Open. IlifU. I/OW. l:4o.
OilMU Mfulnjr ...... **K iS 4%
Greets- Caaanea .... 9 a y U
Kerr Lake 213-Id 313-M *13-le 21:>1?
L* Row ron 8% 311-16
Manhattan Trausit.. I1; ? 1%
mSLsr::^:: \ "8
Bay Central 1 13-16 113-16 113-16 113-10
CHICAGO CATTLE MARKET.
* f
_ January 28.?Cattle?Be
fMBO head; market weak to no
beeves, 4?ua8.40; Tessas steers,
western steers. 4.MaI.25: stock -
ders, .T?5aO.???: cows atod
_U*>; caWes. ?.0?a?.0U. i
lots. head; market
?Vi3a*U<?; mixed, 5.)?>a6.3R;
*>; rough. .%JNr?apMM; pigs,
of sales.'tkUtiWMtik'" *
NEW YORK STOCK MARKET.
RccclTci by private wire direct to
The Star Office.
Open
99
64%
57 %
12%
93
52%
48%
10%
32'?
6%
j Albany k Susq- pfd-.
| Amal. Copper.
| Am. Beet Su. cool, .
American Can com..
American Can pfd..
Am.Car kF. cum..
Am. Cotton Oil com.
Am. Linseed com...
Am. Linseed pfd....
Amer. Malt com....
Am.Sm. k Rsf. can. 72
Amer- Snuff Co. pfd ? 109
Am. Steel Fdy. com. 30
Am. Sugar com 115%
Am. Sugar pfd 116??
Am. Tele. 4 Tele j... 149%
Am.Tobacco pfd... 107Mi
Am.Tobacco new pfd. 106
Am.Tobaoco pfd. cert 107%
Am. Woolen com... 28
Am. Woolen pfd.... 88%
Am. Writinf Paper.. 25%
Anaconda Copper... 35%
A.. T. <k San F. com. 105
Atlantic Coast Liue. 136s*
Baldwin Loco. Co.pfd 103%
Balto. k Ohio oom.. 100%
Balto. k Ohio pfd... 90
Beth. Steel com.... 32?'s
Beth. Steel pfd 01 %
Brook. Rap. Tran... 73si
Brook. Union Gas... 140
Canadian Pacific... 231 %
Cent Leather com.. Id1?
Ches.&Ohio R. A.. 72%
Chi.Gr. West'ncom. 18
C., M. &StP. coin. 10i%
Chicago k N.W.... 141%
ChinoCoppar 26%
Colorado Fuel 26%
Con. Gas N. Y 141
Corn Products com.. 10%
Del., Lack. k West. 545
Del. k Hudson 171
Den. k Rio Gxom.. 22%
Dist Securities..... 30%
EneR.ft.com 31%
Erie R. It 1st pfd... 51%
Erie R. R. 2d pfd... 42%
I Fed. Min. k Sm. pfd. 38
Gen. Motors Co. com- 35%
GcJdfield Con. Min,. 4%
Great Northern pfd. 131
Great Northern On. 41%
Inter. Metro, com... 18%
Inter.Metro.pfd... 58%
Inter-Metro Ext ? ?. 56 %
Iowa Central pfd... 2d
Jersey Central R.R. 338
Kan.QtySoo.com. 28
Laclede Gas. St L.. 1074
Lake Erie&W-com. 12
Lehigh Valley ti.it. ? 166
Liggett k Myers com. 18 )
Liggett k Myers pfd. 112%
LorillardCo.com... 180 %
LorillardCo. pfd... 113
Louisville & Nash... 153 %
Maekay Co. com... 77%
Mackay Co. pfd 70%
Manhat'n Street Ry. 136
Mexican Cent cert... 36
Mex. Cen. 1st 62
Miami Copper Co... 24%
Minn, k St L. com.. 27
M.^S.P^t S.S.M.oom. 133
M-^tP-4 S^sMpfd- 148%
Missouri Pacific.... 40%
Nat Buieeit com... 148%
National Lead oom.. 54
Nev.Con. Copper... 19%
Norfolk & Western.. 109%
North America..... 76%
Northern Pacific.... 118%
N.Y. Central It R.. 108%
N.Y.,Out*West. 38%
Pacific Tele. k Tatej. 43%
Pennsylvania It it. 123%
P,G,C4 9tL.com. 100 *
Pullman Grapany.. 161
RayConsaL Obpper. 18
Rj.St Springs com. 29%
r Reading R. Itcom. 156%
ReadingR.R. 2d pfd. 98%
Rep. lr.4 Steel cool
RockIsland oom...
Rock Island pfd....
StL.4SanF.2i
Ilifk
99
65%
57%
12%
94
52%
48%
10%
32%
6%
72%
109
31
115%
115%
140%
107%
103
107%
28%
88%
25%
35%
106%
137
108%
106
91
32%
61%
79%
140
232
19%
73%
18
108%
142
26 a
28%
17
55%
37%
22%
84%
264
24%
51
41%
Sonth'n Pacific R. it 110%
Southern Rwy. com.
Standard MiH'gcom.
Standard Miffing pfd
Tanoeasee Oopp**..
Texas Pacific R.R..
Texas Companies...
Third Ave-w.i 46%
T^StL.4 W.ejn. 13%
Utd.Dry Goods eom. 100%
Un. Bag k Papr.com. 4%
Union Pacific cum.. 167%
Union Pacific pfd... 92%
U.R.In.Co. S.F. com. 33
UJLIn.Co&F. pfd..
U.S.Ruob%-co.n...
U.S.Rubber 2d pfd.
U.S. Steel con.....
U.S.Steel pfd Ui%
Utah Copper 36
Va- Brown Bros Us -. 48
Va-Iron. Coal <t Coke 70
Va.-Car. Chem.com. 56
Va.-Car. Chem. pfd. 121%
Vulcan Detinn'gpfd. 79
WabashR. it com..
Wabash R.R. pfd...
We?t Maryland com.
Western Union TeL.
W. ALE. com... ?
W. k L. E. 1st pfd..
W.&L.E. 2d pfd..
59
47
75
66
141
10%
545
171
22%
30%
31%
52%
42%
38
35%
4%
132%
41%
19%
58%
57%
29
338
28
107%
12
166%
180
112%
180%
113
153%
77%
70%
135
36%
62
24%
27%
113
148%
40%
148%
54
19%
109%
77%
119%
108%
38%
4)%
124%
101
161
18
29%
168%
96%
26*
24%
51
41%
110%
28*
17%
56%
37%
22%
85%
47%
13%
100%
4%
168%
92%
33
99
47
Luw.
99
64%
57%
12%
93
52%
48%
10
32%
6%
72
109
30
115%
116
140%
107%
105%
107%
28
83%
25%
35%
106
136%
103%
105%
90
32%
61%
78%
140
231%
19%
72%
18
108%
141%
26%
26%
140
10%
545
171
Close.
99
64%
?57 h
12%
93%
52%
4S%
10
32l*
6%
72%
109
30
115?4
lii
140% I
107%
105 %' j
107%
28 % !
88% j
25%
35 %?
106%
137
103%
105%
91
32%
61%
22%
30%
31%
51%
42
37%
35%
4%
131
41%
18%
57%
56%
29
33$
28
107%
12
165%
178%
112%
180%
112%
153%
77
70%
136
35%
62
24%
27
133
148%
40%
148
54
1914
109%
76%
118%
108
38%
49%
123%
100%
161
17%
29%
156%
98%
26%
24%
51
41%
110%
28%
17
55%
374
22%
84%
45%
13%
100%
4%
167%
924
32%
59
47
78%
140
231% j
19%
73%
18
108%
142
26%
26%
140
10%
545
171
22%
30%
31%
51%
42
37%
35%
4%
131%
41%
18%
57%
57%
29
333
28
107.%
12
163%
176%
112%
180%
112%
153%
77
70%
361
35%
62
24%
27%
U3
148%
40%
148
54
19%
109%
77%
118%
106
38%
)
7
18%
57%
84%
4%
15
?? 1
<5%
66%
111%
56%
48
70
56
121%
79
7
18%
57%
84%
5%
16%
7%
to
60
111%.
56
48
70
55%
121%
79
7
18%
57%
84
4%
15
7
124%
101
161
17%
29%
157
98%
26%
24%
51
41%
110%
28%
17%
56%
37%
22%
85%
46%
13%
10)%
4%
167%
92%
33
59
47
75%
16%
111%
56
48
70
55%
121%
79
7
18%
57%
84*4
5%
16%
7H
iEx dividend?Reading It. It., 1?J.
SALES TODAY.
Salea to 11 a-m
12m
lp-m..
2p-m
134.10)
219,213
247.101
272,2 )J
GallMoney 2%
*>%
2h
2%
Amer. Tobacco 4s...
? Amer. Tobacco 6s...
Atehiaoo general 4a.,
Atchison 4s 1963....
Ateh.Oon.4s......
Ateh.Ooo.fis.. .V..
B.&O.GSU.. 4.\.
fa. R. T. Con. 43....
C,B.4Q Joint 4s..
G.R.L4P.4S....
Inter. Metro. 4%i..
Nor. Pac-P. L. 4a...
Pi. Con. 3%a. 191$.
Pa Con. 4a, 1948.. ?
Soothern Rwy4s...
Southern Rwy. 5s..
Un.PacACoa.4t..
U.&fifed 2dfc....
94% 94%
120% 129%
99% 99%
101% 101%
106% 108%
108 108%
98% 98%
86 88%
981 98
71% It
84% ? 81%
100% 100%
97% 97%
103 103
78% 78%
107?* 107%
100% 100%
104 m *
f 21 8
120%
99%
101%
106%
108
98%
85%
97%
71%
83%
100%
91%
103
78%
107%
100%
loai*
94%
120%
99%
101% j
106%
108%
98%
85%
98
72
Zi\
b7%
108
78
107%
100%
101
; LOCAL FINANCIAL NEWS.
The local market was indifferent in tone
at the meeting today of the stock ex
i change. For some days past much activ
ity lias obtained, and tlie dealing in some
of tli? specialties has run into rather
large totnls for tjji-s market. Today, how
ever. the influence of a lower demand
was apparent only in the figures for ga*
stock, but the trading in the usually active
issut s was practically nil. Odd lots of
Washington Gas stock sold on a range
from W" down to 85%, while the stock In
twenty-five-share lots sold for 85. and at
the close was offered at N.V4. with the bid
at 84J->. At one time ]<*? shares were of
fered S>\.
Capital Traction stock was offered
at 124 Instead of 125, which was the
opening price yesterday, while the bid was
123 instead of 1237*. ^mall lots of Wash
ington Railway and Klectrie preferred
sold at !>2Vi, which was the highest
level reached in the present movement
in that recurity. At the close the bid
for the stock was 92% instead of 92,
which was yesterday's quotation, while
thi? asking price was !?2%. Subse
quently this figure was withdrawn and
92% substituted for it.
The bid for Washington Railway ann
Klectrie Railway common stock rose
from 5!>%. which was yesterday's bid.
to while the asking price remain
ed unchanged at 00. A couple of small
lots sold at 59*,.
Five shares of United States Trust Com
pany stink sold at I27Va? and the buyer
raised the bid to 130 for five more shares.
The best offering was 1115. At the close
the bid for the stock at 127% was re
newed, while the asking price was 130 in
stead of yesterday's l.'SG.
Fifty or one hundred shares of Citizens'
Savings Bank stock were offered tor
19%, and thirty shares for 10. The bid
for ten shares or for quotation lots did
not rise above is, while the asking price
was lt?*4. Yesterday the figures were
IS It bid and 3D asked.
An effort was made to sell one hundred
shares of Arlington Fire Insurance stock.
T e best bid for such a lot was 1.1. The
bid for a quotation lot, or for twenty
five shares, rose to 14. but was with
drawn, anil 13% was substituted for it,
with no stock offered. Yesterday the bid
for the stock was 14 and the asking price,
KV?.
The annual meeting of the policy Hold
ers of the Mutual Investment Fire In
surance Company of the District of Co
lumbia was held yesterday at the com
pany's office. 732 10th street northwest.
Managers elected for the ensuing year
were Bernard Leonard, Horace L. Ben 11,
F. I*. Nash and G. D. Duncan. The in
surance year closing December 31 was
reported to have been successful.
Washington Stock Exchange.
Sales.?Regular cull. 12 o'clock noon?Capital
Traction 3s. Sl.ono af 110%.
Washington Ituy. and 10lee. com.. 11 at 59%,
20 at
Washington Rwy. and Elec. pfd.. 5 at 1>
at 112'.,.
Washington Oaf. 3 ut it at Wi, 5 at 8?>.
3 at KW, to at 85%. 25 at 85%. 25 at 85. 25
at 85. 25 at 85.
I.anston Monotype. 10 at 01.
tJreenc rananea, 20 at !?%.
Second National Bank, !? ut 101%.
1 ttion Trust, 0 at 140%.
I nitcfl states Trust. 5 at 127%.
After call? Merccnthaler Linotype, 5 at 222-%,
3 at 222%. :: at 222;S>. :t at 222%.
Initcil States Trust. 10 at 127%.
Riggs National Itank. 5 at 683.
GOVERNMENT BONDS.
Bid. Asked.
I S. registered 2s 100 100%
I". S. coupon 2s 100 100%
I*. S. registered 3s 101% 102%
l". 8. coupon 3s 101% 102%
l\ S. registered 4s 113 113%
I'. 8. coupon 4s 113% 114
r.AS BONDS.
Georgetown Gas 5s 100 110
Washington Gas 5s 109 110
RAILROAD BONDS.
Capital Traction 5s 110 110%
Anarostia atxl Potomac 5s I 100
Aaaeostla and Potomac Guar. 5s. luO
(Ity mil Suburban 5s 103% 104%
Colombia 5s 101 102%
Columbia 6s 103 ....
Mftro|>otltnii .">? 107 110
Wa-Oiiugton Rwy. ami F.'ec. 4s... 84% 85%
With.. Ales, and Mt. Vernon 5s, 90 94
MISCELLANEOUS BONDS.
Potomac Electric (Jons. 5s 101% 102
Potomac Electric Light 5s 1?W% 109%
Chesapeake ami Potomac Tel. 5s. 104',i 105%
Amer. Tel. ami Telga. 4s.; 103
Emerson Steain Pump 6s 6'* SO
Washington Market 5s. 11?2T lOQl 105
Washington Market 5s, 1!>I7 100 1<i5
Wash. Market Cold Storage 5s.. liMi 1U5 ?
Nor. and Wu-h. SteauiliOiit 5s 101% 105
Biggs Realty ">? lo2% 110
ITBLIC UTILITY STOCKS.
Capital Tsactlou 123 124
Washington H?y. anil Elec. com.. 5?'-/,
Washington Itwy. and Elec. pfil.. 92% S>2%
Washington-Virginia Rwy. com... 47
Washington-Virginia Rwy. pfd... 66% 70
Nor. nnil Wash. Steamboat 2'?i 212
Washington Has st% *5%
Georgetown Gaa 110
Amer. Tel. and Telga 14o
Great Falls and Old Dominion... 120 ....
TYPE MACHINE STOCKS.
Mergenthaler Linotype 221 223
Laiiston Mount.w?- 91 91'.t
MINING STOCK.
Greene Cananea 9 9%
NATIONAL BANK STOCKS.
American 172% 185
Columbia 250
Capital 210
Commercial 193% 2?0
District 133 134
Farmers and Mechanics 2ii0 ....
Lincoln 145 150
Metropolitan 21o 220
Rlggs 57.'. 395
Second 160 170
Washington 252 ....
TRl'ST COMPANY STOCKS'.
American Security and Trust.... 28n ."00
National Savings and Trust. 24" 245
I'uion Trust "145 147%
Washinctou Loan and Trust 228 230
1 nitcd States Trust 127% 130
SAVINGS BANK STOCKS.
Citizens Savings IS 19%
Home Savings 325
Merchants and Mechanics Savings 172% 2''0
l ition Savings 230 200
Bank of Commerce 12%
East Wasbinston Savings 14%
Provident Savings S% vjfc
FIRE INSURANCE STOCKS.
Arlington 13%
Corcoran SO
Firemen's 20 22%
Franklin
German-American 270
National I'ulnn S
Pototut?c 31 3t?
TITLE INSURANCE STOCKS.
Olumbia 4 .....
Real Estate 85 ....
MISCELLANEOUS STOCKS.
Cliapln-Sacks 165 200
Emerson Steam Pump 25
Grspbophone com 7 ....
Graphophone pfd 35 ....
Merchants Transfer and Storage. 116 .....
Security Storage 200
Washington Market 17
COTTON MARKETS.
NEW YOEK.
NEW YORK, January 23?The cotton
market opened steudy at an advance of
2a5 points on scattered covering anil a
little fresh buying inspired by the census
report, showing about 14.510.<?00 bales
ginned to January Id- Larger figures
had evidently been expected, but buying
on the comparatively small returns was
-checked by rather easier cables, reports
that there had been a renewal of labor
trouble in Lancashire^ and les.s optimis
tic reports from the New England strike
center, with the, market later in the
morning easing off several points from
the best under realizing. Trading was
<piiet enough to suggest a disposition to
await further developments in the south.
The market^ continued very quiet late
In the forenoon, with prices ruling about
unchanged to 2 points higher. Very few
orders appeared to be coming in from
the south, and the large operators who
have recently been active appeared to
be taking little Interest in the market
for the time being.
Spot?Quiet; middling uplands, 9:50,
nominal.
Estimated receipts at the ports today,
57,OKI bales, against 48,336 last week and
30.3U7 last year. ?or the week, .100,000
bales, against 280.71*1 last week and 218,
717 last year. Today's reeeipts at New
Orleans. 6,u54,*against 7,176 last year; at
Galveston, 28,205 bales, against 12,363 last
year, and at Houston, 22,121 bales,
against 0,900 last year.
LIVERPOOL. >.
HVKRPOOL, January Si- ? QJofing ?
Cotton?Spot?Good business' done; prices
unchanged to 0 points htffhwr; American
middling fair, 6.04; good iflo;
FINANCIAL.
H
FINANCIAL.
Capital . t S 1,000.00c
Surplus "and Undividjgr Profits Over $1,000,000
Accom rats of Officer!
of the Army
c/
and. Navy levited -
jOIIR monthly pay can be
allotted to this company
and becomes immediately
subject to your check, no matter
in what part of the world you
may be, and DRAWS IN
TEREST from the time the de
posit is made.
Illustrated Vamplilet Mailed Upon Request.
The Washington
J Loam and Trast C?09
I Cor. 9th and F Sts. X.W. JOHN JOY EDSON, President. ?
iinillll?lllllllllllllll?lti?IIIIIIIIIIIIIWmW3?ttllll!IH?IIHIIIIIII???IHII?Mllllltl?
Frederic B. Pyle,
Architect.
1 wish to announce the removal of
my offices to the
Evans Building,
1420 New York Avenue.
Tel. M. 1388.
0th Floor Front.
middling:. 5.4<l; low middling, 5.12: pood
ordinary, 4.78; ordinary, 4.52. The sa'e?
of the day were 12,000 hales, of which
2,000 were for speculation and export,
and included 11,4<mi American. Receipts,
43,000 bales, including : 15,800 American.
Futures opened steady and closed quiet.
January, 5.10*4; January-February. 5.10V.-:
Fehruarv-March. 5.21%; March-.-* tril,
5.24%; April - May, 5.26%; May - June.
5.284; June-July, 5.30; July-August, 5.31;
August-September. 5.: 10%; September-Oc
tober, 5.20: October-November, 5.27%; Xo
vember-Decetnber, 5.27%; December-Jan
uary, 5.27%; January-February, 5-27%.
I WEATHER
? ?i<
Fair Tonight and Wednesday;
Somewhat Lower Temperature.
For the District of olumbia. fair to
night and Wednesday: somewhat lower
temperature: lowest temperature tonight
about 32 degrees: moderate westerly
winds.
A disturbance that has moved durins
the last twenty-four hours from the
northwestern stales to the region of the
great lakes ha* been attended by snows
in northern New Kngland and northern
New York, and rain, ind snows on the
great lakes. In a1' >ther parts of the
country the we^th-: : -mained tuir, ex
cept that there were ?ocj?1 rainx on the
gulf coast and at scattered points in the
north Pacific states.
Temperatures are somewhat lower in
the far northwest, and are higher over
nearly all districts from the Mississippi
valley eastward.
The indications are that there will be
local snows tonight or Wednesday in
the region of the great lakes and this
afternoon and tonight in northern New
York an;l northern New England. Else
where east of the Mississippi river the
weather will be fair tonight and Wednes
day, except that rains are probable on
the east gulf coast and in the Florida
peninsula.
The temperature will be lower tonight
in the upper lake region, and tonight and
Wednesday in the lower lake region, the
Ohio valley, the middle Atlantic states
and southern New England. Moderate
temperatures will continue in the south
Atlantic and east gulf states.
The winds along the New England
coast will be brisk shifting, becoming
westerly; on the middle Atlantic coast
moderate to brisk southwest and west:
on the south Atlantic and east gulf coasts
light variable.
Steamers departing today for European
ports will have moderate to brisk westerly
winds jn?i overcast weather to the Grand
Banks.
The following heavy precipitation (in
inches) has been reported during the .last
twenty-four hours; Miami, 1.02.
Records for Twenty-Four Hours,
The following were the readings of
the thermometer and barometer at the
weather bureait for the twenty-four
hours beginning at 2 p.m. yesterday:
Thermometer?Yesterday, 4 p.m., 5";
8 p.m., +7; 12 midnight. 42; today. 4
a.m., 30; 8 a.m.. 42; 12 noon, 53; 2 p.m.,
57. Maximum. 57, at 2 p.m., minimum.
3*! at 0 a.m. today.
Temperature same date last year?
Maximum. 40; minimum, 26.
Barometer?Yesterday. 4 p.m.. 30.08;
8 p.m.. 30.05: 12 midnight, 30.01; today,
1 a.m., 20.07; 8 a.m.. 29.93; 12 noon.
20.85; 2 p.m.. 29.83.
FOREIGN BANKS.
PARIS. January 23.?Closing: Three per
cent rentes, 95 francs 5 centimes for the
account. Exchange on l,ondon. 2-"> francs
25 centimes for checks. Private discount
rate, 3*4 per cent.
BERMN, January 23. ? Exchange on
LonuOn, 20 marks ">1 pfennigs for checks;
money, 2 per cent; private discount rate,
3 per cent.
DESKS CHAIRS TABLES
PtOMPT SERVICE
HONEST PRICES
WOOD and STEEL
RUNG CABINETS
SECTIONAL
BOOKCASES*'
STEEL
CABINET SAFES
i^ESfimsnSSZ^IHESSSIEBUIEssgSIBSUERV'
S You Can't Be Too 1
PARTICULAR .
?in the selection of vour ' ?
ri . M
bank. Patronize a bank
tliat not only offers von jj|
tJ ' '
/ !
mm
S?
?
protection, but the high
est degree of SERVICE
as well.
superiority of this ?
bank's service is proverbial J
among conservative depositors.
Conference invited.
1 COLUMBIA i
I NATIONAL BANK, 1
ALBERT P. FOX. President.
1 911 F Street N.W.
4 nil
2
E?SS3S?H??S?!l3ESIv
STATEMENT OF
A. T. MeQVIGGAN COMPANY.
We. the president and a majority of the board
of trustees of the A. T. Metiulggan (>>mnany of
the Dis.riet of Columbia, do hereby eertify that
the authorized capital stock of said company is
three thousand <$3.0U0.00i dollars. and three thou
sand iit**.**11 dollars have lieen paid, and that
said coci|iany is no' indebted.
ALBERT T. MHH'KiCAN. President.
Al/KKRT T. M.OITtiGAN,
GKOUUB V. PUMPHREY,
C. dJNTON .JAMES.
T. GEORGE PUMPHREY, secretary or the!
A. T. MeGniggan t 'ompanv. do hereby swear that I
tliei facts stated in the alsive eerlitlca te are true
10 tlie best of iuv knowledge and belief.
GEORGE C. PDMPIIRKY. Secretary.
Subscribed and sworn to before uie tuis 1'oth
day of January, A.D. 191:!.
(Seal. 1 C. ELTON JAMES, Notary Public.
BANKRUPTCY SALE
OF THE REAL AND PERSONAL PROPERTY
OF THE COLUMBIA COTTON OIL ANL)
PROVISION CORPORATION.
The undersigned trustee will sell at public auc
tion, on the premises, at Relee Poet Officii, Alex
andria county. Virginia, subject to the court's
approval, real and personal property of the
aliove corporation (free and clear of all liens! on
WEDNESDAY. THE SEVENTH DAY OK FEB
Rl'ARY. 1!J12. at 11! o'clock noon.
Terms of sale: One-third (Vs) of the purchase
money to Ix* paid in cash, on confirm at ion ot
sale, and the balance In two (21 equal install
ments, payable ill one (1) and two (21 years from
date of confirmation of sale, and to be represent
ed by tlie promissory notes of the purchaser,
bearing interest at the rate of C per centum per
annum, payable semi-annually, and secured ljv
first deed of trust on the property sold, said deej
to cover renewals of iiersotial property sold
placed upon the premises during the life "of the
said trust, or all cash, at the option of the pur
chaser. A deposit of 2Vj per centum on the jiur
chasc price shall be made on the day of sale.
LEO p. HARLOW.
Trustee in Bankruptcy.
432 5th st. n.w.. Washington. D. C.,
119 South Fairfax st., Alexandria, Va.
MYER COHEN,
WALTER A. JOHNSTON,
LEVI II. DAVID,
E. W. STEARNS,
k Counsel.
The Safest Investments !
Arc those that do not fluctuate during dis
turtx-d conditions of the money or stock
market. First deed of trust notes (first
mortgages), well secured on real estate In
the District of Columbia, constitute ?'Kilt
edge" Investments. They do not depend
U|?>n the financial responsibility of Indi
viduals or corporations for their stabillty
and are exempt from taxation as personal
property. We can supply sncb investments
in amounts from $.">(10 upward. Send for
booklet. ??Concerning Loans and Invest -
ments."
Swartzell, Rheemni
Hernsey Co?,
727 l.vril ST. N.W.
Moore & Hill (Inc.)
1420-14JJ 11 St..
Transacts a general real estate bushiest-. Money
to loan 011 D. C. real estate. Economical consid
eration for borrowers.
.
INVESTMENTS
In notes of denominations of $50(1 and upward,
secured by first deeds of trust 1 tiit-'t mortgages)
on D. ('. r'-al estate.
No expense to lenders. We collect the interest
free of charge.
I11 our ejcjierience of fifteen years we have
nver had to take a projierty under foreclosure.
References: Mercantile agencies
or any bank.
LONDON MARKET.
V-*, . .
U)XDQK, January 23.?American secu
rities opened irregular today. Later the
entire "list declined from lack of support,
and at noon the market was easy, -with
prices from % to % lower than yester
day's Nuw York closing.
Wall street offerings caused further
losses, but covering brought about a
rally In tlie late trading and the market
closed steady
I nited States Depositary tor Postal Savings Funds
INVESTORS
?ve (itt-edge firat deed of trust
or Ml?. Secured on improved
rtloo real aittte Ui sums of
id ttpmrd at 6%% and 0%
no expenses to lenders; SEND
FINANCIAL.
FINANCIAL.
FINANCIAL.
i uk ucr. ^
W. A. BOSS COMPANY,
1521 ? >t. B.K*
AN ANNUITY
will
Foartb
la .
ity mWtoa
UNA? pf MORGAN. I
or Vruat, Southern baildlag, I
UtkM* fl B.U.
Money to Loan
Secured by First Deed of Traat oo BmI Batati
Prrrdtfuf interest tad ?nmMw.
Joseph I. Weller, 602 F St. N.W.
EQUITABLE
CO-OPERATIVE BUILDING ASSOCIATION
ORGANIZED 1879.
Removed To Its New Office Building, 915 F St.
FTER THIRTY-TWO years of business
upon simple and purely Building Asso
ciation principles and methods, it is
worth while to look over the record
made bv the Equitable and see how successfully
it has carried out the object for which it was or
ganized?for the real and practical advantage and
benefit of its members.
It is plainly intended to encourage its mem
bers in the best way possible, first, to make small
monthly savings 011 shares, and accumulate the
earnings thereon; and second, to secure homes
or other property by loaning op advancing them
funds on long time, repayable principal and in
terest in monthly installments.
# One Hundred and Ninety-three Thousand
Seven Hundred and Ninety-nine shares have
been taken, averaging a little over three shares
for each member. Thev have paid on these
shares $12,890,870.^4, of which $11,057,064.55
has been returned to them on shares.withdrawn,
with profits added amounting to $1,253,020.87,
leaving $501.884.82 profits to the credit of shares
held by the remaining members.
Every shareholder has been paid in full,
principal and earnings, exactly as provided by
the laws governing the Association.
Tt is clearly true, from these figures, that the
members have been actually successful in saving
in the systematic way provided by the Associa
tion, and it is evident that many more have suc
ceeded and in a larger degree than they could
have done in any other way or by attempting to
save irregular amounts at irregular and uncertain
times. It is the best method of saving, we be
lieve, that has ever been devised.
In respect to members who have bought and
are paying for homes and other property, the
Association has loaned them $18,246,200. Of
this amount there has been returned or settled
$15,941,025.28. Imagine the number of homes ?h*t
have been successfully paid for or are being oa:d
for. safely and surely, in monthlv installment,
with the privilege of paying all or any part of
the loan at any time and thereby stopping Mter
est and reducing payments.
Systematic saving on stock as on loans be
comes a fixed habit, and the more that is saved,
the more likely one is to continue the monthly
payments, not withdrawing principal or profit
until the sum is large enough to begin buying
property through the Association, or to make
some other safe investment.
The Association has never lost a dollar of
the large sum of money loaned to its mem
bers. This fact speaks well not onlv for the care
taken in valuing property, but for the true build
ing association methods the Equitable has main
tained in the past, and will strictly adhere to in
the future.
Jxo. Jov Edson. President
Ellis Spear... .Vice President
Pf.rrv B. Turpix Vice President
Frank P. Rei s ue. .. Secretary
Job Barnard,
Fred'k V. Coville,
Fred'k B. Pyle,
Jno. B. Larner.
A. M. Lothrop.
Jno. A. Hamilton,
Gilbert H. Grosvenor,
Geo. II. Harries.
J. J. Edson, jr.,
DIRECTORS.
WITHDRAWAL VALUE OF SHARES.
35th .$581.62
24th .$909.531 30th .$723.94 36th .$554.51
25th _.$877.48 31 st . s< 94.57:37th .$527.85
26th .$845.88' 32d ..$665.66 38th .$501.64
27th .$814.7?-33d ..$637.20
28th .$784.00 34th .$609.19
No. of
issue.
Total
value.
47tll .$268.15
48th .$>48.67
49th .$229.50
50tll .$210.62
5ISt .$192.05
No. of
issue.
Total
value.
The following table shows how the regular monthly payment of S2.50 on one share in
each issue, with the earnings or interest added, has accumulated and which is now paid mem
bers on shares withdrawn.
The-first 22 issues have been matured and paid.
No. of Total | No. of Total
issue. value. issue. value.
23d ..$942.03; 29th .S753.75 35th .$581.62 41St .$425.70
42d ..$401.29
43d ..$349-35
44th .$328.37
39th .$475.87 45th .$308.00
40th .$450.56: 46th .$287.92
Shares may be taken at any time in the 62d issue now open.
OFFICE, 915 F ST. N.W.
53d ?? $155 80
54th .$138.12
55th .$120.75
56th .Si03.67
57th . $86.90
52d ..$173.77 58th . $70.42
No. of
issue.
59tll
6otll
61 St
6tfd .
Total
value.
$54.25
$.V*-37
$22.80
If you are content to simply wish tor things
you are not likely to get them.
Of course vou would like to have a nice home
*
and automobiles and all sorts of luxuries?it
entirely lies with you whether you will ever
enjoy such things or not.
The opportunities for making money are
more plentiful today than ever, and if you
make up your mind to save your money until
you have some working capital you will find
plenty of chances to get rich.
Start a Savings Account at once and add
to it regularly every pay day. It isn't hard to
save if you really try, and think what it will
mean to you in the future.
We pay 3% Compound Interest on Sav
ings Accounts.

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