Evening star. [volume], October 25, 1915, Page 14, Image 14

About Evening star. [volume] (Washington, D.C.) 1854-1972

Image provided by: Library of Congress, Washington, DC

                
LIGHT TRADING MARKET
IN LOCAL SECURITIES
Some Little Investment Demand for
Utilities?No Important Changes
in Day's Quotations.
Capital Traction, Gas and Railway
Preferred Favored?Bonds Were
Steady?Financial Notes.
BY I. A. FLEMING.
There was some little investment demand
for both stocks and bonds on the
t\>shins:ton Stock Exchange today, but
the orders were scon filled and without
developing important change either in
prices or In the usual bid and asked
nictations.
i nree puouc iniiiij siucn;' ^immvcu
on the sales list. Capital Traction at
v T :-f?. Railway preferred at 52% and
Washington lias at 72?all investments
that, at present dividend rates, will net
*riv buyers satisfactory interest retiirn:;.
Capital Traction 5s were in pood demand
and sold at 106%, and Washington
Gas 5s at 105% to 105*?, the outside
figure for a $500 bond.
War stocks were scarcely mentioned.
The hid for American Graphophone
w ;? maintained at par: Mergenthaler
was offered at 1S5, with 1S2 bid. and
Lanston was offered at S0%, with 79
the best bid.
Dividend.
The Germain-American Insurance
Company will pay a dividend of 3 per
cent, the regular extra distribution at
this-time. November 1, to shareholders
Of record October 26.
Will Seek a Ruling.
A number of Washington bankers will
meet Wednesday afternoon to discuss
the Clayton law, with a view of solving
the problems relating to directors
holding dual positions after January 1,
1916: whether their election is permissible
at the annual elections and the
ni;iii, 11 3u ririieu,' m sci ?c uui
terms or to resign with the advent of
October 15, 1916. the law going into
effect the next day prohibiting: directors.
officers and employes from holding:
dual positions, except where the entire
capital stock of one bank or trust
company is owned by another bank or
trust company.
The Clayton act is open to many interpretations.
The federal reserve board, which will
have charge of the enforcing of the
law. has promulgated the opinion of Its
counsel to the effect that directors of
institutions not having the required
$5,000,000 resources at the time of the
annual election, and reaching the limit
between then and October 16, may serve
out their terms of office.
But the act relates also to all banks
and trust companies organized under
government laws in all cities of $250,000
population and over.
At the meeting Wednesday, which
may be called by the Clearing House
Association, a series of questions will
be promulgated and the reserve board
asked for rulings thereon.
COTTON MARKETS.
NEW YORK.
NEW YORK, t)ctober 25.?The census
figures issued today showing 5,713,347
d<iicij ?ji tuiiou guinea to uciODcr i?,
this year, against 7,621,581 last season,
were just about in line with bullish
predictions and brought in a renewal
of bull support as well as considerable
buying through wire and commission
houses. The market opened Arm at an
advance of S to 19 points, and sold
about 15 to 19 points net higher right
after the call with December touching
12.61. January 12.73 and March 12.95.
This advance attracted a good deal of
realizing, however, and there wiere reactions
of 10 or 12 points from the best
during the early trading.
Futures opened firm; December 12.45;
January. 12.63; March. 12.S9; May, 13.00;
July. 13.9*.
Selling became 'very heavy as prices
sagged off after the early advance,
particularly through houses with
southern connections, with December I
breaking to 12.31, January to 12.42 and
March to 12.62. or about thirty points |
from the early high level, and some
fourteen to eighteen points under Saturday
night's closing figures. Stop
orders were uncovered on this decline,
and after their execution prices rallied
ten or twelve points from the lowest
on covering. Reports of continued
weakness in the sterling exchange
market and claims that the ginning
figures had been fully discounted were
the factors on the setbacks.
NEW OBLEANS.
NKW ORLEANS, October 25.?Bullish
ginning returns caused heavy buying
in the early trading in cotton today
and resulted in an advance of 17
to 19 points in the first half hour of
business. The total of 5,713,000 bales
ginned to October 18 fully met extreme
bullish expectations.
Futures opened steady; opening bids:
December, 12.34; Januarv, 12.52; March,
,12*93: Ju,y.t 13.04 asked.
? i i/iii-iurvui^ i;n ii mrpe scaie met
the advance and checked it. Toward
the middle of the morning all of the
:is?- was lost and the market sank to
;> leve: <; to S points under Saturday's
close.
At noon the tone was steady and
prices were 10 points up from.?the
. lowest.
LIVERPOOL.
LI VERPOOL, October 2'-. - Cotton?
Spot unchanged. Good middling. 7.52;
middling. 7.20; low middling. 6.72.
Sales. 10.000; for speculation and export.
1,000. Receipts, 17,100. Futures
quiet. October. 7.07; October-November.
7.07; November-December, 7.07;
December-January. 7.07; January-February.
7.071;,. I-Vfcruary-March. 7.08;
jdarrh-A April-May, 7.08;
>iuy-.!une, 7.08; .iur.e-.tuly. 7.06: -lulya
igrust. 7.01V.; August - September,
September-October, 6.71; October-November,
6.67.
GOOD TONE AT LONDON.
A-icucan Section of Market More
Active?List Close;; Steady.
I.O\r?ON. Octob.-r 25.?Money wcr-; in
}; r.--s?d demand iot'ay for the pay:
*. of t.oujo' row's call on the war
b\ j. Discount r: :.-s were firm. Am^r\
.:ii exchange v/:.s very uncertain.
After *lf ?i ;r to 4.625_- the rate advi'c.c-d
to 4.63^
T:v- stock market maintained a pood
tone. The war '.o?n *.vas steadily sm>
:*>rtrC, k itPiy, w in demand ant? Mexican
?nd Brazilian issues were Arm
features, nil advancing on a good de?
ami pud a shortage of stork.
Ar: ?-rl<;.n securities were more active
end iho list ?-!o?? ?J Mteady and n-.tr the
b? st. with the e*? e??tion of Canadian
;' tir, which reacted under profit
UIK mg.
Eight Elected tc Board of Trade.
At a meeting of" the executive committee
of th? Board of Trade this
afternoon new members were elected
as follows: William H. Wanhburn. Alexander
Britton Brow tie. A. M. Fisher,
Clarence K. Wilson, Haul K. l,esh, 1>. E.
Stephan. William J. Flather, Jr., and
George S Kees.
The public buildings committee of the
board met at noori and discussed
recommendations which are to oe incorporated
in its annual report.
Bear Admiral Manney Die?.
\ DIBGO. Cal., October 2.V Hear
ir:-.l Henry Newman Manney, U.
,. retired, died today at his home on
i oiiit liOma. from pneumou.ia after an
illness of six days. Three days ago his
illness took a turn for the worse. His
death had been expected since yesterday
morning, when ho relapsed into
unconsciousness.
*
A
MEVr YORK STOCK MARKET.
Received by private wire direct to
The Star office.
| * Open. Hi*h. Tafm-. Close.
Alaska Oo'dMiai^.. 33k? 33? 32 Mi 32?
AUis-Chalmera. 44H 45 43."4 43H
Allia-Chalmers pfd... 7tH 7iH 74 74
Am. Agricul. Chem.. 72H 72H 71V4 71H
Am. A? Cham. pfd.. 93*2 9S? 98*2 98*2
American Beet Sugar. 06 66 65*2 65H
American Can 63*8 64*$ 63 63
American Can pfd.... 106'4 I06*a 106*2 106*2
Amer. Car 4 Foundry. 92*2 92*2 88 88*2
Am. Car 4 Fdy. pfd.. 115*2 116*2 115*4 116*2
American Cotton Oil. 63*2 63*2 62 61
American Ice 23*2 23*2 23*2 2>*?
American Linseed 28*2 31*2 77*2 29*2
Amer. Linsoed pfd... 47*2 50*2 47*2 49*2
| Amer. Locomotive... 74*2 74*2 714. 7142
Am*. Loco, pfd 9S* 98* ?*
American M?lt 6* 6* 6*
Am.-Malt pfd 28 28* 28 28*
Amer. Smelt 4 R?fin. 92* 93* 91* 92*
Am. Smelters See. A.. 86* 88* 86* 86*
Amer.Steel Foundry. 72* 72* 69* 70*
American Sugar... . 113 113 112 *
Amer. Tel. A Telag... 124* 124* 124* 1-4*
American Tobacco... 230 231* ^30
Am. Tobacco new.... 109* H?* ???
American Woolon... 56* 56* 55* 5o i
Amer. Writing Paper. 10 12 '0 _ X~
Anaconda Copper.... 75* "5* 74* 74*
Atchison... 106* 107 106* 06*
Atchison pfd 100* 100* 100* 00*
Baldwin Locomotive. 146 146 138* 140*
Baltimore 4 Ohio.... 92* 93* 92* 93*
Baltimore 4 Ohio pfd. 75* 75* 7o* 75*
Bethlehem Steel 575 580 566 580
Beth'ehem nfd 182 182 fiU
Brooklyn Rap Tram. 86* 86* 86* 86*
Butte Superior 64 64 C2* 63*
California Oil......... 18* 18* 18*
California Oil pfd.... 42 42 4Canadian
Pacific..... 171 171* 170
Central Leather 58* 59* 58* 59*
Chesapeake4Ohio... 57* 58* 57* 57*
ChicagoGreat West. 13* 13* 13* 13*
Chi. Great West p(... 35 35* 35 &>*
Chicago, Mil. 4 StP.. 92* 93* 92 92*
Chi., Mil.'4 StP. pf- 1? 128* 128 128*
Chi. 4 Northwest.... 130 130 130
Chicago, R. 1.4 Pac.. 16* 17* 1?* *
Chino Copper 49* 50 49* <9*
Clev?C.,'C.4SX... 51* ol* ol* 51*
rinstt PnlodvUTIL 70* 70* '0
Colorado Fuel * Iron. 5954 6154 5854 59
Consolidated Gas.... 14154 14154 14054 141
Continental Can..... 10554 10554 100 102
Continental Can pf<L. 106 10654 106 106
Corn Products....... 19 2154 19 2054
Corn Products pfd... 8854 90 8854 90
Crucible Steel 95 9554 91 92
Crucible Steel pfd.... 1095-4 10954 109 109
Coban-.lmer. Sugar.. 117 117 117 117
Delaware & Hudson. 148 148 148 148
Del.,Lack. A Western 22U 220 220 220
Den. 4c Rio Grande.. 854 854 854 854
Distillers Securities... 4854 49 48 4814
Dome Mining 2254 2254 22 22
Erie Railroad. 3654 3954 5654 3954
Erie 1st pfd 5554 5654' 55 5654
Erie 2d pfd. 4554 <854 4554 4854
Federal Mines...... 30 30 30 30
General Electric 18054 182 179 18054
General Motors. 373 373 373 373
General Motorepfd.. 113 113 113 113
Goodrich Co., B-F... 7854 79 77 7754
Goodrich,B.F.pfd... Ill 11154 111 111
Great Northern pfd.. 12154 122 12154 12154
Great Northern Ore.. 52 5254 5154 5154
Guggenheim Explor.. 68 68 6754 6754
Hide* Leather 1354 14 1354 1354
Hide 4 Leather pfd.. 56 5954 56 5754
Homestake Mining... 11954 11954 11954 11954
Illinois Central 107 107 107 107
Inspiration Copper... 4554 4554 4454 4454
Interborough-Metra.. 2254 2254 2254 2254
Int?rWnii<rH Consal. 2154 2254 2154 2254 I
Icterbor. Con. pr 78A 785* 7SH 78H !
Inter. Agri.Cor 24% 24% 24% 24% >
Int Agricu!. Cor. pfd. 53 55M - 3 55% j
Interest! Harv. N. J. 10VA WJ'A 109% 109%
International Paper.. 10A 11% 10A 11 j
Inter. Paper pfd. 4'i 42 .J3H 41%
Kansas City Southern 28% 29 28H 28%
Kansas City Sou. pfd. 61K 61H 81H 61H
Lackawanna Steel... S5H 85 % >3K t3H
Lake Erode Western. 10 A 10K 10M 10K
Long Island Railroad. 23 25 25 25
Lehigh .Valley 77 78 77 77%
Liggett ? Myers 245 248 247 247
Maxwell Motor 80 90A 77% 90%
Maxwell Motor 1st pi". 2iA S9H 28A 99'A
j Max we'; Motor 2d of. 17% 64 57% 64
j May Dept. Storerv.. 52 52H 52 52A !
I Mex. Petroieune 88% 91A 88% 90
Miami Copper 84% 34A 24 34
Minn. & St. Louis... 13 13 13 13
Mimw.,St.P.4fvS.M. 120% 120% 120% 120%
M., StP. 4 S.S.M.pf. 127 127 127 127
j Missouri, Kan. 4 Tex. 5A 1>A 5 A 5A
I ??- IT? L T? rJA IX IX |4 |x
J1V., iMU. ? ic?.|nvp ? .. .. __
Missouri Pacffic 5 5 4$i 4%
Montana Power 57 59H 57 58
National Cloak & Suit 83 83 83 83
Nat. Enam. kStamp. 35 3*3H 33H 33Vi
Nat. Enam. & St pfd. 93 93 92 92
: National Lead 67 H 67^ 67K 67 V*
! NV.Hvj.o(M.3dpfJ 9A 944 VA 'J'A
Net cda Copper 1444 15 1444 14Jj '
, New York Ai Brake. 147 153 M7 152 I
j New York Central... 100>? 10044 10054 100?-s
I N.Y.,N.H 4 Hartford 81 804s 81 ,
] N.Y, Out 4 Western 29A 3044 2944 3 J i
I Norfolk4 Westernn.. 117 117 11544 110
| North America 7254 7244 7244 7244
\ Northern Pacific 112 112H 112 11244
Pacific Teieak Teleg.. 44 44 4344 44 |
Penna. Railroad 5844 59 585-4 5844
Peoples Gas, Chiea;o. 120 120 120 120
Phiia. Company 47 47 46 4644
( Pittsburgh Coal .3954 3944 3844 3844
! Pittsburgh Coal pfd.. 109 109 1054a 107
j Prosed Steel Car? 7254 7244 7144 7144
! Pullman Car 16* 168 168 168
Quickslver Minittt- 3 3 3 3
| ^uickfilver Min. pM. 4 4-14
I Railway SteeiSprnji -18)4 49 48)4 48>?
I Hay ConsaL Coppi" - 25)4 25H 25H 25)4
j Reading Railway? 79)4 81)4 79J-a 80)4
| Republic Iron II Steal 54)4 54H 53? s 54)4
' Republic Ir.A Steel pr. 103)4 104 103 )s 104
! Kuir.'eyCompany.... 4)4 4)4 4 9)
j Seaboard Air Una.... 10 16)4 16 16)4
I Seaboard Air Line pt'i 39 39)4 39 39
j Sears, Roebuck 157 157 157 157
^ tlcsn-Sbeffieid 61X 61)4 60 60)4
' southern Pacific 98)4 98)4 97X 98 X
Southern Hail way? 21 21H 20'4 20)4
Southern Railway o(. 59 59 5844 58'4
Standard Milling 79)4 79)4 79)4 79)4
-6t.L.ASan Fran.... 6 6 6 6
. St.L A San Fran 2d.. 7)4 7)4 7)4 7)4
Studebaker 189 )4 189)4 183 184)4
| Studcbaker Corp. pfd. 113 113 112)4 112)4
Teanmaec Copper? 63)4 63)4 62)4 63
Texas Companies 163)4 165)4 183)4 165)4
i Texas Pacific 13 13)4 13 13)4
ThjroAvenuo 61)4 61)4 61)4 61)4
UndtrwoodTypewr.. 95 95 91 91
| Union Bag k Paper .. 6)4 7)4 6)4 6)4
! Union HagA Paper p(. 25 27 25 26)4
' Union Pacific 135)4 136)4 135 135
L'nio:l Pacific pfd 81)4 82 81)4 S2
I L'td. Dry tioodapf l.. 73 73 73 73
; Unttiid Ciears 59 61 59 61
United Kwy. Invest.. 27 27 25)4 25)4
United fty. Invest p(. 44)4 44)4 43)4 43)4
U.S. Cast Iron Pipe.. 27)4 20*4 27)4 28)4
U2J. Cast Iron Pips p(. 49 50 49 50
U. S. lixpraw. 68)4 68)4 <?>4 igpj
U.S. lnd. Alcohol.... 124)4 124)4 121H 121)4
C.& Rubber 54)4 56)4 64)4 56
j UlS.Rubberpfd..... 106 ' 106 106 106
j U.S.Steel &64 864 85 83V
U. S. Steel pfd 1154 115.4 1154 115 V
] Utah Copper 704 704 694 69V
:Va.-Car. Chemical... 43 51 48 50V
| Va.-Chro.Chemieal pf. 109 1094 109 109V
I Va. Iron, Coal & Coke 69 69 684 68V
; Wells, Fargo A Co.... 1194 120 1194 120
Western Maryland... 324 33 324 32V
Western Unien 80 804 794 80
Westingh'seMfg. Co. 734 74 724 73V
Wheeling A Lake Erie. 3 3 3 3
Wheeling ALE 1st. 114 114 114 11V
WillysOverland 2604 2604 260 260V
Wisconsin Oentral.... 35 35 35 35
High Ixm
Call Money... 2 14
Hourly Sales of Stocks Today.
To 11 a.m.. .332,103 To 12 m.. .575.200
To 1 p.m.. .743,933 To 2 p.m..900,<X)0
NEW YORK BONDS.
High. Low
Atchison gen. 4s 03li 93^1
Baltimore & Ohio sold 4s 89 89
Chi., Bur. & Quincy joint 4s... 97H 97^
Interbor. Rap. Tr. trust 4s.... 76^ 76
Northern Pacific 4s 92H 9?V<
Pennsylvania con. 4s (-1948) .. 98M 98/i
Reading Ry. gen. mortg. 4s... 94 94
Southern Pacific ref. 4s 84J4 84M
Southern Ry. gen. mortg. 4s.. 67^ 675i
Southern Rwy. 5s 99)^ 99H
Union Pacific 4s 95H 95k
United States Steel 2d 5s 103H 1G3>*
GREAT IRREGULARITY
SHOWN IN WAR STOCKS
Baldwin Locomotive, Studebaker,
Steel and Crnebile Are Leaders
in the Trading.
Independent Industrials I>ess Active.
Lower Prices Prevail?Bails Develop
a Fairly Good Tone.
NEW YORK, October 25.?The stock
market during the morning hours was
erratic and subject to frequent price
changes, the trend of the session being
decidedly hard to judge from the initial
action.
The war specialties were given a
strong opening. Baldwin Locomotive
setting a pace with a 4-polnt advance;
Crucible Steel, a point better; Maxwell
Motors, 5 points; Studebaker, and
General Electric, 3^, while small fractional
advances attended the opening
of Steel common.
The indications at this time were for
a wild bull day, but they changed almost
before the early figures on the
tape were dry, and then fractions were
clipped off prices, followed by points,
the wiping out of early advances knd
then of additional gains besides.
Large Blocks of Stock.
It looked as if a number of important
traders had dumped large blocks of
stock on the immediate opening, checking
the advance before it was fairly
underway, so that the opening prices,
at least on many of the specialties,
proved to be the high, at least of the
first three hours of the session, with
every indication that they would not
be reached again in the last hour.
Perhaps the statement that there was
some hitch in the negotiations between
Charles M. Schwab, head of the Bethlehem
Steel Company, and H. C. Frick,
said to control an option on Pennsylvania
Steel, may have had some effect
in disturbing the situation. ft was
stated that Mr. Frick opposed the transfer
to the Bethlehem Steel Company.
Furthermore, there was denial that
W. E. Corey, former head of the United
States Steel Corporation, had obtained
or could obtain control of Baldwin locomotive.
other than in the open market.
and fights for control are not conducive
to increased speculation by
marKin iraurru, w nu hi? iiciiik miistantly
called for more margins with
every wild movement in this or that
stock.
Little Steel Action Easy.
Steel common moved up slowly and
down easily. It was under heavy selling
pressure, the tape showing many
1.000. 2.000 and more shares being
thrown over for some time following
the opening" and indicating to the market
observers foreign selling.
Moreover, the enthusiastic estimates
of $."0,000,000 for earnings, net. for the
third quarter of the year are being revised
and the estimates made today
were from $35,000,000 to $45,000,000,
with the added assurance that the $50.ttOO.OOO
net might be readily expected
for the fourth quarter.
Trading slowed down very materially
in the second hour. This market needs
a bull movement to stimulate it, and when
there is weakness traders hold off to see
whether it is the long-predicted smashing
break, or just a little reaction before
renewing: operations.
Some Active Leaders.
The active leaders were : Baldwin Locomotive,
opening at 14 6, or 8 points, advance,
turning to 138% for low, and then
rallying, with many recurrent fractional
losses to 143% to 143, holding a point advance
into the first hour of the afternoon
Crucible Steel, opening a point higher al
Do, going to 91, and back slowly to 93
J Maxwell Mo tore, opening at 80 to 80%,
.going to 77% back to 78%; Stude;
baker, opening at 189, breaking to 183,
then to 186, and to 1S4, and Steel, from
| 86% to S6% to 85% and back to 86%.
Market Active?Irregular.
I In the last, half of the second hour o]
j the afternoon the market becamo mor<
I active, but decidedly irregular. Thi
| war stocks came out quite freely, Bald
I win and Steei being the leaders^ whil<
| fluctuations continued to be numerous.
The rails attracted a little more at
tent-on as the irregularity in the industrials
developed, the Kries all showini
'good strength at lal% advance; hare
| coalers, l'aclfics and grangers making
' some slight improvement. Heading heU
j a fraction.! 1 advance.
isroKera arc u juig io\ muucc iiuuij
I traders to forsake the erratic and wile
' industrials for the more stately aru
| steady rails, where the advances hav?
, been inconsiderable and the trading
slow as compared with the skyrocket
ing of the war list.
Minor Industrials Mostly Lower.
Minor industrials did not attract as
much attention as usual, many of then
being fractionally lower. Linseed Oi
and Inspiration Copper, however, mad*
gains, while Colorado Fuel, Greai
Northern, Ore, Distillers' and man}
others were Mi to % lower.
W'esti- house did not hold its usua,
prominence,
j Baldwin Locomotive, after advancini
.to 134 on the rally, went back to 131%
! fractionally below yesterday.
| Crucible Steel held aroun-l 91 Vi, i
three-point loss; Studcbaker made 2
loss of six points from Saturday's closing.
Steel at 86 was point off.
Minor Shares More Active.
In the afternoon, and. especially- in th?
final hour of the session, the movemen
In minor stocks, leather shares, in
dependent steels and other industrial!
increased materially.
Many traders, unwilling to take th*
chances in the leaders, were getting
Into these industrials and fractlona
advances were general.
Some of the rails also attracted mon
attention and held one-half-point gains
right through to the end.
The irregularity in the leaders, othei
than Steel common, continued. The l*t<
- ' at
tftr. stock held very - evenly, with perhaps
a little less pressure, yielding but
* one-half point.
g Baldwin Locomotive. Crucible Steel
, and Studebaker fluctuated in a way to
1 make holders of these securities dels
cidedly nervous.
g Baldwin recovered to 143, dropped to
, 140, recovered to 143%, and off to 141,
then to 142, and off to 140% in short
order.
c Crucible Steel, midway in the last
hour of the session, was 1% lower net.
Studebaker dropped to 182%, and came
g back to 180, 2% net loss.
Bethlehem Steel common was off to
568. . .
i .
? CHICAGO WHEAT PRICES
TAKE A DECIDED UPTURN
Winnipeg: Sharp Advance, and Less
Favorable Weather in Northwest
Credited for Causing Bulge.
j CHICAGO. 111., October 25.?Wheat
took a decided upturn In price today,
, notwithstanding something of a decline
1 at the start. The fact that the weather
in me norinwepi naa Decome less ia|
voraple and that prices in Winnipeg:
, had sharply advanced was largely re*
sponsible for the bulge in the market
here.
- Continuance of the urgent demand at
[ Liverpool formed an additional influI
ence against the bears. Opening prices,
' which ranged from unchanged figures
, to % down, were followed by a rise all
t aroupd to 1 or more above Saturday's
[ close.
Corn Rallies With Wheat.
Corn rallied with wheat. Buying;
orders, though, were mainly for small j
amounts. After opening unchanged to;
%a% lower the market scored a ;
i moderate general gain.
Oats responded to the strength of,
| other cereals. Besides, there was a good ;
demand from the seaboard.
La'ck of support caused provisions to
, decline. Higher quotations on hogs were
| virtually ignored.
Improved wheat export demand was
subsequently the cause of a further advance.
Moreover, the United States
visible supply total failed to increase
as much as the trade had expected.
Prices closed buoyant, 2%a3 to 3%
I above Saturday's close, with December
at 1.01 % and May at l.#3%al.03%. ;
I Later strength of wheat was also re- I
j fleeted by corn. The close was firm
lat to 1 % net advance. i
Wheat, No. 2, red. 1.09al.l2; No. 3. |
red, 1.05al.08; No. 2, hard, 1.02al.04; No.
3. hard, 96al.01. Corn?No. 2, yellow,
64%a65%; No. 4, yellow, 63%. Oats?
No. 3, white, 35%a36%; standard, 38%a
38%. Rye-No. 2, 1.03. Barley?54afl-\
Timothy?5.00a7.75. Clover?11.00al8.00.
Pork?13.35. Lard?8.77. Ribs?9.62a
10.12.
WHEAT- OpfD. High. Low. Clow.
Prremhor 07 101% 97 101%
Mav 100 103% 100 103%
CORNI
?r. ?snl?er 5H% 58% 5?% 58%
Mav 58% 50% 58% 50%
OATSI>pc??mlM*r
37% 38% 37% 38%
Mav 38% 30% 38% 39%
NEW YORK
NEW YORK. October 25. ? Flour?
Quiet; spring patents, 5.60a5.90; winter
patents. 5.35a5.55; winter straights, 5.15
a5.35; Kansas straights, 5.40a5.55.
Pork?Steady; mess, 17.00al7.50; family.
21.5Or23.00; short, clear. 18.50a20.50.
Beef?Quiet; mess. 16.50al7.00; family.
18.00al9.50.
jjaru vuici; miuuic weai, j.iuiw.ou. i
Molasses?Steady; New Orleans open 1
kettle, 46a50. '
Hay?Quiet; No. 1. 1.20al.25; No. 2. j
I.O.Sal. 15; No. 3, 90al.00; shipping, 75 j
a85. i
Hides?Steady; Bogota, 30a31; Cen- .
tral American. 29.
Leather?Firm; hemlock firsts, 32a33;
seconds, 31a32.
BALTIMORE.
Special IMspatrh to The Star.
BALTIMORE, Md.. October 25. ?j
Wheat? Firmer; spot No. 2 red. 1.10; j
i spot No. 2 fed western, 1.12%; October
' No. 2 red, 1.10; November No. 2 red,
1.09%; steamer No. 2 red, 1.04; receipts,
567,206 bushels; exports, 610,634 bushels.
Corn ? Firmer; year, 62%; January,
1 61%; receipts, 4,661 bushels.
Oats ? Steady; No. 3 white, 41%a42;
No. 4 white, 35%a36%; receipts, 7,429
j bushels.
Rye?Unsettled and easier ; No. 2 we.st!
ern export. 1.05al.06. Receipts, 117,117
| bushel's. Exports, 119,710 bushels.
Hay?Quiet; No. 1 timothy, 20.00a
120.50; No. 1 clover mixed, 17.50alS.00;
grain freights steady.
Steam to Liverpool, per bushel, 19d
; November; picked ports, per quarter, 12s
3d November.
LIVERPOOL.
I LIVERPOOL., October 25.?Wheat? i
, Spot No. 2 Manitoba, lis 5d ; No. 3, lis j
4%d; No. 2 Chicago, new, lis 2d; No. 2
hard winter, mixed, new, no stock; La
Plata, 7s 4d.
'< Flour?Winter patents, 4 2s.
} Hops In Ldndon (Pacific coast)??3 i
j 10sa?f>.
!
Washington Stock Exchange.
' I SALES.
' Washington Gas 5s. $500 at 105%, $1,000 at
1 10514.
I Capital Traction. 25 at S7%.
i Washington Railway pfd., 1 at 82%, 25 at 82%.
(| After call- Capital Traction 5s, $1,500 at
, 106%.
Washington Gas Light. 7 at 72.
Washington Railway pfd., 5 at 82%.
, Bid and Asked Prices.
GOVERNMENT BONDS.
Bid. Asked.
TT. S. registered 2s 06% ys%
; I". S. coupon 2s Oil**,
' I I". S. registered 5s 100%
I . S. coupon 5s 100% I
, j 1'. S. registered 4s 10X% 11<>% i
; C. S. coupon I? 100% I
I | D. C. 3.<3os 1U5 105 j
, ! GAS BONDS.
! Georgetown Gas Cert. Ind. 5s.... 102% j
? i Georgetown tins 5s 102% i
1 j Washington Gas 5s 105% 10ti
I Columbia Gas and Elec. 5e 75%
RAILROAD BONDS.
. | c-apital Traction 5s 106%
I AnacoHtla and Potomac 5a
|* City and Suburban 6a 101%
1 I Metropolitan 5? 103%
I Washington Rwy. and EJlec. 4s.? 81% 32%
I.SC.EIjLANEOL'8 B0.VD8.
t uunasi: utin-inc <.?u*. 0? 99% 100%
Potomac Electric Light 6s 1(M^ 106
I Chesapeake and Potomac Tel. 6s.. 106
? American Tel. and Telgu. 4h 92
American Tel. and Telga. 4%h... 100%
5 Washington Market 5a, 1H27 96
Washington Market 6h, 1047 96
k W. M. Cold Storage 6h 96
Norfolk and Wash. Steamboat 6s.. 106
Kiggs Realty 6? (long) 101 102
ltiggs Realty 5* (aliort) 100 J
PUBLIC UTILITY STOCKS.
r Capital Traction 87 87%
' Washington Rwjr. and E!ec. com. . 83% 86
1 Washington Rwy. and Elee. pfd. . 82 82%
> Norfolk .ad Wash Steamboat ISo
i . Washington Ouk *71% 72%
i American Tel. and Telga 121 I
r 1 TYPE MACHINE STOCKS.
1 Mergenthaler 182 185 ;
j i l.miHton 79 80% |
. | MINING STOCK.
^ ! GrcfDC-Cftnanw 38%
NATIONAL BANK STOCKS.
American 160 170
Capital 215 ....
( oluntbia 26o
I Commercial - 192
District 1*1%
i Farmers and Mechanics' 246
l | Federal 136
I . i.llK <IIU 1W
I Mctr<>|M>litan 18ft
- R'WC* 485
,: 137
National Bank of Washington 230
TItrST COMPANY STOCKS.
I American Security and Trust.... 2*5
. National Saving* and Trust *255
1 1'nlon Trust lift '128
Washington l.oan antl Trust *23??
Continental Trust 114 117
* SAVINGS BANK STOCKS.
Home 386
Bank of Commerce and Saving*... 12
East Washington 12%
1 FIRE INSURANCE STOCKS.
1 Corcoran 80
" | Firemen'* 18
' German-American #262
I National Cuion 6
TITLE INSURANCE STOCKS.
Coliunhia -1% 5%
- M ISC'EI.I .A N BOL'S STOCKS.
t Chaptn-Sack* *103 225
I"?. C. Paper Mfg. On 140
" (iraphophone ?,oni 100
a (Iraphophone pfd 100
Mercfaant*' Transfer and Storage 100
Security Storage 175
? Washington Market 17%
r ?Ex dividend.
1 ?
. French Bourse Is Firm.
i PARIS. October 25.?Prices were Arm
on the bourse today. Rentes, SS francs
r 16 oentlmea. Exchange on London, 27
franca 61ft centimes.
~P
i
MORE CASH ASKED BY
DEPARTMENT OF LABOR
Secretary Wilson Estimates $4,271,270
Is Heeded to Carry on Work
of His Bureaus.
An increase of more than $600,000
over last year's appropriation is to be
asked for the Department of Labor for
1917 by Secretary Wilson of the next
Congress, according to preliminary announcement
of the estimates made public
at thf department today. The total
appropriation to be asked for is $4,271,270,
as compared with $3,582,960 for
1916.
The increases are asked mainly to
carry on the work of conciliation, naturalization,
printing and binding and
immigration. A $25,000 increase over
last year is asked for the conciliation
work, making a total of $75,000 desired.
The department officials feel that the
success which the department has attained
in this line of endeavor merits
the increased appropriation desired.
Many Labor Disputes Settled.
It is pointed out that during the last
fiscal year thirty-seven labor disputes
were handled, of which number thirtythree
were brought to a successful conclusion.
An increase of $10,000 is asked for the
bureau of naturalization to carry on
the educational propaganda for improving
the moral and mental fiber of
applicants for citizenship.
A $53,000 increase will be asked for
because of the increased printing for the
department, necessitated by the national
system of employment exchanges,
requiring thousands of blank forms.
Increase for Immigration.
Th% expansion of the** work of the
children's bureau also calls for increased
nrintintr nr?nrnr>riationS. it is pointed
out.
The immigration bureau asks for an
increase of $200,000, an increase over
last year more in seeming than actuality,
because of the reduction in appropriation
which this bureau suffered
last year on account of the war. It is
declared that the $200,000 increase is
therefore, but the money which the bureau
has owing it.
For the year 1014 the Department of
Labor had revenues of more than
$1,000,000 in excess of its expenditures,
and would have had like success last
year had it not been for the abnormal
conditions caused by the European war.
DAIRY MARKETS.
CHICAGO.
CHICAGO, October 25.?Butter?Higher;
creamery, 22Vfca27^.
Eggs?Steady; receipts. 2,239 cases;
firsts, 26*?a27; ordinary firsts, 25*?a26;
at mark, cases included, 20a26.
Potatoes?Steady; receipts, 87 cars;
Wisconsin whites, 40a50; Minnesota
whites, 48a53; Minnesota reds, 48a52.
Poultry?Alive, higher; fowl?, 13;
springs, 15 VfeNEW
YORK.
NEW YORK, October 25.?Butter?
Firmer; receipts, 4,981 tub's. Creamery,
extras <92 score), 28 Vs: creamery
(higher scoring). 29a29%; firsts, 27%a.
28*4 ; seconds, 24%a27.
Eggs?Steady; receipts, 5,690. Fresh
gathered, extras, 36a37; extra firsts,
34a35; firsts, 29a33; seconds, 25a28;
nearby hennery whites, fine to fancy,
52a55; nearby hennery browns, 38a40.
Cheese?Firm: receipts, 879 cases.
State, whole milk, fresh, flats, white
and colored, specials, 15*?al5%; do.,
average fancy, 15*4.
Live poultry prices not settled.
Dressed steady: western fresh chickens.
barrels. 14a23; fresh fowls, iced,
lSalf1/^: turkeys, frozen. lSa22b?.
mi or flPi/C
UIL. O ! uui\o.
Quotations furnished by \V. It. Hibbs & Co
Hid. Asked.
Atlantic Iteflnins Co . 625 635
Anjrlo-American Oil 16% 17%
Huekeye Hip - Line 110 112
Continental Oil Co 24." 255
Galena-Signal Oil c<?. cura 151) 161
Galena-Signal Oil Co. pfd 133 13*
Houston oil Co 11)% 20%
Illinois Pine 150 152
Indiana Pine Ill 112
National Transit Co 31 38
Ohio OH Co 157 158
Pierre OH Corporation 13 13%
Prairie Oil and Gas Co 400 404
Prarie Pipe 215 218
South Penn Oil Co 335 340
Southern Pipe Line 232 236
Southwestern Penn. Pipe Line.... 125 130
Standard OH California 312 814
Standard Oil Indiana 450 455
Standard Oil Kansas 430 440
Standard < ?ii Kentn.-ky 325 335
Stamlard '>jl Nebraska 345 355
Standard tl* New Jersey *77 4.8')
Standard Oil New York 100 200
Standard Oil ')::! ? 5O0 520
Swann & Finch Co 125 135
Fnion Tank Line Co 83 S3
Vacuum oil Co 218 220
Washington uii
NEW YORK COTTON.
Quotations furnished by W. B. Hibbs & Co.,
members New York Stock Exchange. New York
Cotton Exchange and Chicago Board of Trade.
1:30
Open. nieb. Low. p.m.
December 12 4% 12.00 12.30 1231
January 12.71 12.42 12.43
Mi,r?-h 12.H'.? 12.03 12.02 12.04
May 13-?*> 1T.05 12.73 12.75
POWDER STOCKS.
Quotation*! furnished by W. B. Hibbs & Co.
Bid. Asked.
Aetna 1?* 166
Aetna pfd S4 H7
Atlas 26:4 207
Atlas pfd 3ft
Pupont 444 450
Dupont pfd 3K 103
Hercules 434 43S
Hercules pfd 113 116
NEW YORK LEAD MARKET.
NEW YORK, October 25.?The metal
exchange quotes lead offered at 4.75.
Spelter not quoted. At London lead,
?24 As fid. Spelter, ?69.
NEW YORK SUGAR MARKET.
NEW YORK, October 25.?Raw sugar
?Nominal; centrifugal, 4.39; molasses,
3.G2; refined steady; cut loaf, 6.15;
crushed, 6.05; mold A, 5.70; cubes. 5.50;
XXXX powdered, 5.40; powdered. 5.33;
line granulated, 5.25; Diamond A, 5.25;
confectioner's A, 5.25; No. 1, 5.00.
Sugar futures opened very quiet today
and at noon prices were from 1 to
4 points net lower under scattered
liquidation.
LONDON MONEY.
LONDON, October 25.?Bar silver,
22 15-10<1 per ounce. Money, 3%a4 per
cent. Discount rates?Short bills, 4%a
4% per cent; three-month, 4%a4 15-16
per cent.
EXCHANGE FALLS TO 4.61%.
Demand Sterling Touches Within 12
Points of Low Record of August.
NEW YOKK, Octobef 25.?The enormous
excess of exports over imports J
caused further weakness in almost all
branches of the exchange market today.
Demand sterling fell to 4.61%, a
decline of almost?-12- points in the
pound from the recovery which followed
the Anglo-French loan negotiations
and within 12 points of the low record
of August, when demand was quoted
at 4.50, a depreciation of about 8 percent
from the normal rate.
Francs and lires also weakened,
checks on Paris falling three-quarters
of a cent under last week's low, while
hills on Rome and Genoa were S points
under.
1
STATEMENT BY RECEIVER
OF A. G. PLANT'S ESTATE
Collectible Anete About 94,000; Liabilities
Estimated at 9250,000.
Meeting of Creditors Held.
The creditors of Arthur G. Plant, the
broker who killed himself last month,
following his adjudication as a bankrupt,
heltf a meeting today at the office
of E. S. McCalmont, referee in bankruptcy.
Attorney Frederick A. Fenning,
who has been acting as receiver,
under appointment of Justice McCoy,
was elected by the creditors as trustee
to wind up the affairs of the bankrupt.
Mr. Fenning reported that the collectible
assets of the broker will be about
$4,000. The total liabilities, including
his indebtedness to members of his
I family, are estimated at $250,000.
A deed of trust has been recorded by
' Mrs. Louise C. Plant; mother of the
j broker, and Mrs. Hortense B. Kloman,
I ma auni, vii men pi vj/ci 4J1 ni fiV Hna
422 7th street northwest. One of the
parties secured is James F. Tiffany, for
i $19,503.16. the amount of two judgements
recently secured by him for notes
i of the dead broker, on which Mrs. Plant
and Mrs. Kloman were indorsers. Others
secured under the deed of trust are
Edward H. Droop. $12,520.82, and J. I
Albert ShafTer, $3,552.50.
There is nothing in the paper to indicate
whether th? two last named were
creditors of the broker.
9
WEATHER.
Fair, Wanner Tonight and Tomorrow;
Moderate East Winds.
For the District of Columbia and
Maryland, fair, warmer tonight and tomorrow;
moderate east and southeast
winds. ^
For Virginia, mir, warmer tonight
and tomorrow; moderate shifting winds,
becoming southeast.
For West Virginia, fair#> warmer tonight;
tomorrow fair, cofder in west
portion.
Condition of the Water.
Temperature and condition of water
at 8 a.m.: Great Falls?Temperature,
58; condition, 40. Dalecarlia reservoir?
Temperature, 58; condition at north
connection, 30; condition at south connection,
35. Georgetown distributing
[reservoir?Temperature, 59; condition
[at influent gatehouse. 35; condition at
j effluent gatehouse, 30.
Records for Twenty-Four Hours.
The following were the readings of
the thermometer and barometer at the
weather bureau for the twenty-four
hours beginning at 2 p.m. yesterday:
Thermometer?Yesterday, 4 p.m., 55;
8 p.m., 44; 12 midnight, 39; today, 4
a.m.. 36; 8 a.m., 37; noon, 57: 2 p.m.. 60.
Maximum, 60, at 2 p.m. today; minimum.
34, at 6 a.m. today.
Temperature same date last year?
Maximum, 58; minimum, 54.
Barometer?Yesterday, 4 p.m., 30.11;
8 p.m., 30.14; 12 midnight, 30.21; today,
4 a.m., 30.25; 8 a.m., 30.31; noon, 30.28;
2 p.m.. 30.24.
Weather in Various Cities. .
3 Temperatnre. *35
I si it 4
I Stations. % 35 =3 sa"?r
3 ? " ot> weather.
* Z
: : a
Abilene, Tex. 30.00 80 34 Clear
Albany 30.30 50 30 .... Clear
Atlantic City. 30.28 34 36 Clear
Bismarck . . 20.02 58 38 0.0(1 Clear
Boston 30.20 52 38 .... Clear
Buffalo 30.18 44 34 .... Pt. cloudy
'Charleston .. 30.22 70 02 Clear
i Chicago 20.84 fio 34 Clear
'Cincinnati ..30.08 <21 40 Hear
[Cleveland ...30.12 46 38 Pt.cloudy
j Denver 30.18 74 43 .... Clear
Detroit 30.02 50 44 .... Cloudy
I Galveston ., 30.04 80 70 .... Pt.cloudy
| Helena 30.30 30 36 .... Cloudy
Jaekaonville.. 30.18 76 68 .... Clear
i KoTtMt rifr rui in (ui ka ei?.
I<os Aageles. 29.98 76 48 .... Clear
Louisville . .. 30.08 74 52 .... Clear
Miami. PI a.. 30.04 K2 7f? 0.42 Haiti
New Orleans. 30.06 82 <18 .... Pt.cloudy
New York... 30.28 48 38 Clear
Oklahoma ...30,66 78 f?0 .... ClearPhiladelphia..
33.30 34 40 .... Clear
Pittsburgh ..39.20 32 38 .... clear
Portland. Me. 30.26 30 34 Clear
Portland, ore. 30.20 56 3 4 .... Cloudy
S. l^uke City. 30.36 54 38 Clear
San I'iwro. .. 29.96 66 36 .... Clear
S. Franriaro. 30.06 68 54 .... Clear
St. liOiila 30.00 78 56 Clear
St. Paul 23.72 66 44 .... Clear
WASH., D.C. 30.30 55 34 Clear
Hp-River Waters.
Special Dispatch to The Star.
HARPERS FERRY, W. Va., October
25.?The Potomac river was clear and
the Shenandoah slightly muddy this
morning.
CURB STOCKS.
j
Quotations furnished by W. B. llibbs A Co.,
; members New York Stock Exchange.
Bid. Asked.
Atlanta (loldtb-ld 26 27
j Alaska-Juneau 12Vj 13
American 7Auc 67U 67^a
Ilradcn Copper 9%
British-Atneriean Tobacco 15 16*5
Canadian C-ar and Foundry- com.. 107 100
Canadian (Jar and Foundry pfd.. 120 122
Carbon Steel 123 133
Car Light ami Power 14 9%
Chile Copper 23 23%
Chi,. Ilouds 131 133
Cramps 85 88
First National Copper 4% 3
Holdtteld Cons 1% 1 7-lti
I lioldficld .Merger 18 I'd
Cuantnuauio Sugar 08 7o
Internal {until Motors com -*5 47
Interna tional Motors pfd 07 71
Intercontinental Kubl?er 11 13
Jim itutler 78 8U
JnmlN# 1a t 1 5-16 1 7-10
: Tvetinccort Copjier 53% 54
j laiko Torpedo 17% 18%
Magma Copper 14 14%
i Marine 3% 14%
i .Marine pfd 40 40%
j Midvale Steel 96% IHi
j N!pissing Mines Co 0% 7
Itiker & Hegemag 5% ?
; San Toy 20 23
Standard Motors 12 12%
! Sterling trum 2% 2%
Submarine Corporation 42% 43%
Success Mining 70 72
Tobacco I Tod nets 39 41
Triangle Film 0% 7%
I nited i'rolil Sharing 2% 2%
V. S. Light and Heat 5% 5%
I*. S. Light and Ileat pfd 3% 5% :
World Film 3% 4 ;
PASSPORTS' AS REQUISITE.
! S+ot? npiiartmpnt Warns Americans
Who Wish to Visit Italy.
j Italian authorities have complained
| to the American embassy at Home that
| many Americans are reaching Italy
without passports or with passports not
vised by Italian consular officers in the
United States.
"Americans should apply to the State
Department for passports if they wish
I to go to Italy," the department today
| announced. "Those who are not proI
vided with passports properly vised
; may- be put to serious Inconvenience
and danger upon arriving at a foreign
port."
Southern Paoific Shows Decrease.
NEW YORK, October 25.?The annual
report of the Southern Pacific Company
and its numerous subsidiaries for the
year ended June 30 last, issued today,
shows a decrease of $2,746,159, or 6.i2
per cent in net revenue from railway
operations, and a decrease of $687,598,
or 3.23 per cent in net income.
President Goes to Columbus Dec. 10.
President Wilson has accepted an Invitation
to go to Columbus, Ohio, December
10, to deliver an address before
the Federal Council of the Churches of
Christ in America. The details of the
trip will be arranged later.
Flees Criminal Insane Ward.
Richard Phillips, colored, forty years
old. a former resident of this city, yesterday
escaped from the a'ard for criminal
Insane at the Virginia State Hospital for
the Insane at Petersburg* according to
a message received last night by the
police. Phillips was well known In
police and pugilistic circles when he
resi&sd In this city, bs having given
boxing lessons. ... .
r
Real Estate Transfers.
D STREET SOI'THE A ST between 16th
and 17th streets?Robert I. Barnes
et ux. to Charles J. Kappler, lot 101,
sqTiare 10S9: J10; stamp, 50 cents.
CONGRESS HEIGHTS ? Edward A.
Beekman to Robson De S. Brown,
lot 19. block 9: J5.
LINWOOD HEIGHTS?James E. Lee
et ux. to Robinson White, lot 26,
block 3: 510.
SEVENTEENTH AND A STREETS
SOUTH EAST?Louis M. Stolp et ux.
to Pearl T. Pulllam. lot 24. square
1096; }10.
NO. 711 r.TH STREET NORTHWEST.
316 13U. STREET NORTHWEST. 314
13', STREET NORTHWEST. 452 M
STREET NORTHWEST. 1631 TO
1635 NEW JERSEY AVENUE
NORTHWEST. 1621 AND 1625 NEWJERSEY
AVENUE NORTH WE8T
AND 1137 9TH STREET NORTHWEST?Hermlne
Kern to Edward.
Charles E. and Alice L- Kern all Interest
In lot 10. square 518; lot 9.
square 518; parts lots 10, square 257;
part lot 16. square 514; lots 15, 16
?"v? c iuip 11 una square ouy;
part original lots 8 and 9, square
401; $2,000.
Building Permits.
Building permits were Issued today
to the following:
Charles W. Russell, to bulhl four
dwellings at 1351-57 Montague street
northwest; architect, Clarence T. Rose;
builder, G. S. Tepp; estimated cost,
$16,000.
Arthur Breuninger. to build dwelling
at 160 North Carolina avenue southeast;
builder, Thomas A. Jamieson; estimated
cost, $2,500.
Edward McAleer, to build dwellings
at 5416-18 8th street northwest; architect,
N. R. Grim; builder, Edward McAleer;
estimated cost, $6,000.
Stanley McCormick. to build fivestory
apartment house at 1785 Massachusetts
avenue northwest; architect,
J. H. de Sibour; builder, William P.
Lipscomb & Co.; estimated cost, $150,000.
Congress Heights Baptist Church, to
build church at Brothers and Esther
place southeast; builder, Charles W,
Bolton & Son:'estimated cost. $4,500.
Mary E. Oliver, to repair store at 3213
O street northwest; estimated cost, $55.
Mrs. Ray, to repair dwelling at 3419
Mount Pleasant street northwest; estimated
cost. $60.
The Corby Company, to repair storeroom
at 24th and Channing streets northeast
; estimated cost, $300.
J. F. McCarron, to repair garage in
rear of 921 22d street northwset; estimated
cost, $50.
POLICY REGARDING ALIENS.
Rilling Applied to Immigration Officials
by U. S. Supreme Court.
Immigration officials were today
shorn by the United States Supreme
Court of the power of excluding aliens
because in their opinion commercial
depression at the place of destination
i rvicrVit V*. aliona t r? hprnmp nnh
lie charges. Some Russian immigrants
destined to Portland. Ore., were ordered
released from custody in which
they were held for deportation. The
decision reverses a policy of the immigration
service.
"The immigration law deals with admission
to the United States and not to
Portland," said Justice Holmes. "It
would be an amazing argument for immigration
officials to refuse admission
to the United States because the labor
: market in the United States was overburdened,
and yet that would be more
| reasonable than refusal to admit bej
cause of reported conditions in one
| city."
SENDS MR. WILSON GREETINGS.
President of Smallest Republic in
the World Forwards Letter.
Pierre Font, president of the smallest
republic in the world, today conveyed.
by letter, his greetings to "the
| President of the greatest republic in
1 the world." Andorra is this little re;
public. It has a territory exceedingly
small, with a population of 5,000. It is
located away up in the Pyrenees mountains,
along the boundary line of Spain
and France. Lawrence Grant of New
York, who recently visited this tiny
republic, was given a letter to present
to President Wilson and he fulfilled his
mission today. President Wilson not
only told Mr. Grant to convey to President
Font his hearties greetings, but
will personally write Mr. Font.
A AT DATJDrUV PTT A "D /IT
uxi ivuuiJi^xb j. yjumvma.
Frank Desmond to Have Hearing
Friday in Police Court.
| Frank Desmond, alias Smith, alias
i 'Ft. Wayne Kid," was in Police Court j
; today charged with robbery. It is alj
leged that he participated in the picki
ing of the pocket of a patron of a
i moving picture theater on 9th 6treet
j Saturday night. Detective Forteney,
| who made the arrest, is anxious to
find the man whose pocket was picked.
When an outcry was made and it was j
stated that there was a detective in |
! the theater, it is said the stolen !
! pockctbook was dropped to the floor,
| picked up and turned over to its ownor.
(Jen. J. H. Brinker, 1315 Clifton street,
while attending the same theater that :
night, was robbed of his pocketbook 1
containing $3 and a note for $350.
The accused man will be tried Friday.
Damage Suit Settled and Dismissed.
The suit of Mrs. Ella Anderson against
the Capital Traction Company has been
entered settled and dismissed in the
Supreme Court of the District of Columbia.
Mrs. Anderson claimed that as
she was about to board a car at 13th
and L' streets northwest, in November,
1911, the car was suddenly started, and I
she was thrown to the ground and suffered
severe bruises and injuries to her
nervous system. The basis of settle- j
I ment is said to have been $7pu. Plain-I
tiff was represented by Wilton J. Lambert
and Rudolph H. Veatman, and the
defendant by Attorney <J. Thomas Dunlop.
Open Passionist Mission.
Kevs. HUDeri, .ia:nes ana uoiumDan,
Passionist missionaries from St. Michael's
monastery, at Hoboken, N. J.,
opened a mission at the 11 o'clock services
at St. Paul's Church, 15th and V
streets, yesterday. Solemn high mass
was celebrated by the assistant pastor.
Rev. James E. Krug. The solemnities
included a procession of the children
and the church societies and a sermon
by Rev. Father Hubert on "The Meaning
and Purpose of the Mission." This
week the services will be especially for
women, and next week will be devoted
to the men of the parish.
PROTESTS FREIGHT RATES.
Steamship Company Files Complaint
Against the Panama Railway.
Representatives of the Luckenback
Steamship Company of New York, protested
today to Secretary Garrison
against freight rates proposed by the
Panama railway across the isthmus
while the canal is closed by earthslides.
Should the rate be enforced, the shipping
men told Mr. Garrison, it would ,
compel them to discontinue service be- !
tween the two coasts until the canal is
reopened.
Secretary Garrison directed department
officials to aid the steamship men
in preparing a complete statement of :
the rates compalined of and took the 1
question under advisement.
F1KAHCIAL.
CAPITAL .$1,000,000
SURPLUS .. .$3,000,000
SERVICE
?such as this hank u
renders is helpful in
the very broadest sense
of the term.
Our extensive experience,
unsurpassed facilities
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J '
LETTERS OF CREDIT
TRAVELERS' CHECKS
FOREIGN DRAFTS
FOREIGN EXCHANGE
The Riggs
NATIONAL BANK
PENS. AVE. OPP. C. 8. TREASl'RY.
Over 32,000 Open Accounts.
capita 1 ti.mn.mn
EAn\Ei> strupMJS t.ooo.ooo
ViAKE YOUR FIRST
DEPOSIT
?in this bank at the
earliest possible opportunity.
The main
thing is to GET
STARTED in the right
bank.
flWe offer every possible
assistance to the small
depositor.
WSamf rate of interest paid on i
both largre and small accounts.
National Savings
and Trust Company
Corner 15th and N. V. Ave.
FORTY-NINTH YEAR.
Money to Loan
(hCBWd by First Deed of Trust on Real Estata.
Prevailing Interest and commission.
Joseph I. Weller. 624 F St. N.W.
i ne safest 8n vestments
Are those that do not fluctuate during dlatsrbed
conditions of the moner or stock
market. First deed of trust not**s fflrst
mortgagee*. well secured on real estate la
the District of Columbia, constitute giltedge"
Investments. They do not depend
upon the financial responsibility of individuals
or corporations for their stability
and are exempt from taxation as personal
property. We can supply such investments
In amounts from *50ft upward. Send
far booklet. "Concerning Loans and Investments."
Swartzell, Rlheem S;
Hensey Co.
AN ANNUITY
In the Mntnsl Life Insurance Company of New
York guarantees for life a certain Inrom*
which Is secured by over $?X),000.o00. accum ilia
ted In a successful business experience of
over seventy-three years. Applications received
by
THOMAS I\ MORGAN.
Room 423. South-ra bldf.
ARMY?NAVY.
Army Orders.
Capt. Samuel A. Purviance. United
States Army, retired, from duty at thf
San .Diego Army and Navy Academy.
Pacific .rfeach, Cal., to his home.
The following transfers at the request
of the officers concerned are ordered
First Lieut. Robert L. Weeks, from
the 21st Infantry to the 18th Infantry
First Lieut. Fitzhugh L. Minnigerode.
from the i8th Infantry to the 21st Infantry.
Leave of absence for two months ;
granted Capt. Charles R. Alley. Coas.
Artillery Corps.
secona ueui. jonn r?. 01 uuivn, iv?Cavalry,
attached to the aviation se. tion
of the Signal Corps as an aviation,
student, and will proceed to San Diego.
I Cal.
Naval Orders.
j
I Commander D. M. Wood, detacht
I from command of the Petred to con
j mand the Nashville.
I Commander P. N. Olmstead, detached
from command of the Nashville to nav;
| yard, Norfolk, Va.
^ Commander F. E. Ridgely, commissio.
from September 7, 1915.
| Lieut. Ernest Friedrick. detached fro
the Arkansas to home and wait orders
Lieut, (junior grade) S.'G. Strieklan-1
placed 011 retired list o; olth-err t:
navy September IS, 10i 5, in .:ccor?ianc
with section 1453 of the Revised Statutes.
Surgeon W. B. Grove, to Naval Hospital,
Norfolk, Va.
Assistant Surgeon H. M. Stenhousc.
detached front the Iris to Asiatic station
via December transport.
Passed Assistant Surgejon D. H. Castro,
to Naval Hospital, Portsmouth, N. H
Assistant Surgeon A. C. Weston, M. R.
C., to marine recruiting station, New
York. N. Y.
Paymaster W. V. H. Rose, retired,
placed on the retired list of officers of
cne navy from October 21, 1915, in accordance
with section 1453 of Revised
statutes, to home.
Assistant Paymaster E. H. Barber,
detached from the Paducah to set tit
accounts, wait orders, at Portsmouth,
N. H.
Chaplain C. H. Dickins, detached from
navy yard. Portsmouth, to treatment at
hospital. Portsmouxn.
Chief Machinist A. W. Bird, detached
from navy yard. New . York, to the
Wyoming:.
Chief Machinist Charles Dunne, detached
from the Wyoming: to navy yard,
New York, N. Y.
Naval Movements.
The Culgoa arrived at Tompkinsville
October 24; the Cyclops, at Sew all:;
Point October 24; the Kanawha, at
Hampton roads October 23; the San
Diego. at La Paz October 24; the Jupiter,
at Norfolk October 24; the New
York and Rhode Island, at Hampton
roads October 23; the Ammen ana
Trippe, at Boston October 23; the Truxton
and Iris, at San Pedro October 23.
the Mars, at Mare Island October 23;
the Glacier, at Topolobampo October 22,
and the Hector, at Vera Cruz October
22.
The Glacier, from Topolobampo October
24 for La Paz; the Rhode Island
and New York, from Hampton roads
October 23 for southern drill grounds;
the Prairie, from Norfolk October 23
for Port Royal; the Patuxent, from
Norfolk October 23 for Port au Prince,
and the Proteus, from Nagasaki October
23 for Olongapo.
Scilla Sank by a Submarine.
PARIS, October 25.?Dispatches from
Saloniki say that the Italian steamer
reported Saturday sunk by a submarine
is the Scilla. It is believed thr.t
the submarine was a German flying
the Austrian colors. The Scilla is a
small steamship of 1,220 tons gross,
owned by the National Society of Maritime
Service of Palermo.