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THE WASHEraTOS TIMES.' FRIDAY: JANtTABY 5? 1917. " lllJ w WALL ST. MARKET EARLY TREND OF TRADING . SHOWS WEAKNESS.' Abtivity Is Highly Professional. U. S. Steel 11-2 Points Low er Lackawanna and Re cyblic Each Lose Point. Railroad List' Largely Neg lected and Price Changes Are Weak. iEW YORK. Jan. 5. Trading In .the first hour of the stock market to- Bay was irregular and active, with Bn early trend to weakness particu larly in the steel and copper groups. The market was highly professional and to a large extent was without support and prone to the Influence of more or less idle rumors. United .States Steel .opened 10.000 at 111 to 110. 1 to 1 lower. That issue recovered slightly as the sesloh advanced, ruling closely around 111. Lackawanna Steel and Republic Steel each lost about a point. Irl the cop per list. Anaconda reacted a point end Utah lost nearly 2 points. Those issues with interests in Mex , ico, particularly Smelters and Mexican Petroleum, were strong features. . Some, of the specialties were also strong, like United States Industrial Alcohol, at 120, 3 points up from the opening. The railroad list was largely neg lected, and prices changes were nar row. Both Union Pacific and Reading were under fractional pressure at the opening, though the latter raillled with substantial fractional gains. Today's Quotations. Quotations today up to 1:30 o'clock were as follows: i Open. HIcSl. low. !:. Advance p.. 37 37Ji 37 37H Alaska Ju... 7H ?JS 7J . 1lA AlChalMfg. 27H S7H 27tf 27 AlChMp... 84H 85 84$ MM AmBtSug.. 05 07 94H h' AmAgChm. 88 83 "88 88 Am Can 40K 4QK 48 48 AmCarFdy. 67 67J 66 66 ACarFp.... U6Jf H6Jf Wi U&H A Cot Oil.... SO 50 SO 50 AHtk... 14Jf 14H 13H 14 AHiL,p...-69 72 68 70 Alee Sec!.... 31 31 31 31 A Unseed... 18H 185 18H 18M A'Un'seedp.. 50H 50Vi SOU 60tf AmXoco.... 77H 78JS 76K 76J A Malt Cp.. 47 47 47 47 Ara Smelt... 106 107Jf 106 106tf ASmelbp... I16J 116 115J 116 ASmSecB.. 94H 94H MM 84H A Steel Fy.. 60 60. 60 60 Am Sugar... 110J 110J lOStf 109 A-Tb.pr.nw. 108 108 107H 107$ ATel&Tel.. 123H 123H 123H 123H AmT&Tclfc.. 91H 91H i 91Ji AmWool.... 45H SH 44K 44tf AmWFp... 45 45 45 45 Am Zinc... 37 37 35 35J Ana'conda... 82H &i 80H 81H AestdOH.,.. 6S 6SJ4 68Ji 68i AT&SF... 105 106H 105i 106 AT.&SFp., 99 99 99 99 AtBlr&A.. 15H AtGWI.... 114 A-tOWIp.. 65 Salt & Ohio. 84 Balt&Opf. 75 Bald Loco.., myi Barrett..... 132H Barretts rts. 3 Beth Steel.. 499 ifiethSUp... 135 Bkn U Oas . .129 Butte Sup... 4tK Burns Bros. 90J CalPetm... , 25 CalPetpf... 55H CanPac 161 15H 16H 15H 116 110 111 65 64 64 84 84 84 76 75 75 59 67 S7H. 132ft 132ft 132ft 3ft 3 3 499 495 495 135 135 135 129 129 129 46Ji 45Ji 45Ji 91 90 91 26 25 ' 25 66ft 55 55 161K 160ft 160ft CenLthr.... Q2H 93i -91 91i CenLthr p.. H3Jf 113H 113Jf 113H Cbandle.... 100J4 100H 100 100 Ches&Ohlo. 65f 65M 64H 64H ChlGtW... 13 13J 13Ji 13J ChlGWpf.. 40H 40H 40i 40H Chi &NW... 123 123 123 123 C.M&StP.. 99 69J fcg 8g C,M&StPpl24M 124H 124H 124H C.RI&P... 33 34 32 33 C.Rl&Pct. 33 33 33 33 Chile Cop... 24ft 24ft 24ft J4ft ChlnoCop., 53ft 53ft 62ft 62ft ColF&I.... 46ft 46ft 45 45 ConCalhn... 18ft 18ft 18ft 18ft ColumG&E 42ft 42ft 41ft 41ft Cons Gas.... 131ft 131ft 131ft 131ft ConGEL&P. 122ft 122ft 122ft 122ft Con Ins 56 56 56 56 Corn Prod... 22ft 22ft 21ft 21ft CornPpf... 103ft 104 103ft 102ft Cruc Steel.. 63ft 64ft 61ft 62ft CubaCane..a52ft 53ft 61ft 51ft CubaCpf... 94 94 93ft 93ft Den&RGpi 40ft 40ft 40 40 Bistlrs' Sec. 30ft 30ft 29ft 29ft Erie 33ft 33ft 32ft 32ft Erie 1st pf.. 48ft 48ft 48 J 48ft Erie2pr.. 37ft 37J 37ft 37ft Gaston W... 38 38 38 38 Gen Elec... 166ft 167ft 166ft 166ft G. Mot. new. 144 144 142 142 G.M.?pf.new 91 91 91 91 Goodrich... 59 59 57ft 58 GL Nor pf... 116ft 116ft 116ft 116ft GNOrect.. 36ft 36ft 35ft 35ft GulfSS.... 127 127 127 127 III Cent 105 105 105 105 Hartm'nCp. 75ft 75ft 75ft 75ft HvitNJp 121 121 121 121 Inspiration.. 68 68 56 66ft IntNkI 42 42 41ft 41ft IntNIckcta. 41ft 42 '41ft 42 Int. Paper... 46ft 46ft 45 45 FINANCIAL .fjfjMrsaassasaaaaaaaaalRassasMaaaRsassBaaasaaaaanaaBlaaasBSaaaaaaassBsaM Crane. Gilpin & Co., BANKERS Members W&slungton Stock Exchange Investment Securities 604 14th Street Telephones Mam 6378-6379 r. l: 100ft 17ft 42 15ft 68ft 78 25ft 61' 43ft 103ft 83ft 24ft 78ft 83 25ft 84ft 51ft 71 60 103ft 40ft 24 118 10 Mft 31ft 60ft 127 27ft 59 23 144 102ft 28ft 135ft 110 105ft Inter C p.... 70 70 78 68K Jewel Tea. Kan C So.. Kelly SpT Kennecott, 78 8 25ft 25ft 25ft 61 61 61 r 44ft 45 43Ji LacIedO.... 102ft 102ft 102ft LackStl 84ft 85ft 83 Lee Tire.... 26 26 -24ft Lehigh V.. . 78ft 78ft 78ft Mackay 83ft 83ft 83 Marine ct... 26 28ft 25ft Marctpf... 85 86ft 84ft Max Mot 51ft 54ft 61 MaxMlpf.. 71ft 71ft 71 MayDpS... 62 62 60 MexFet 103 106 102ft Miami Cop. 41 41ft 40ft MStLnew.. 24ft 24ft 24 M.StP&SM. 118 '118 118 MK&Tex... 10 lift 10 MoPaccta.. 14ft 14ft 14ft MoFacwi... 32 82ft 31ft MoPpwi... 60ft 60ft '60ft Nat Bis p.... 127 .127 127 NatEi S... 27ft 27ft 27ft Nat Lead.... 59ft 59ft 59 NevCons.... 24 24ft 23 NYAlrBrk. 144 144 144 NY Cent 103 103 102ft NY.O&W.. 28ft 28ft 28ft Nor & West. 135ft 135ft 135ft Nor Pacific. 110 110 09ft Ohio C Gas.. 106ft 106ft 105ft Ont Silver... 6 6 6 6 101 Owens BM.. 102 102 101 PacMail.... 20 20ft 20 20ft PacT&T... 33 33 33 Peoples Gas. 104 104 104 33 104 PennRR... 66ft 66ft 66ft PereM.wl.. 33ft 33ft 33ft PMaraprwi 71ft 71ft 71ft 56ft 33ft 71ft 162ft 40 108ft Pullman.... 165 165 162ft Pitts Cct.... 39ft 40ft 38ft PlttsCctp.v108 108ft 108 Press SCar.. 75 7Sft 74ft Ray Cons... 26ft 26ft 25ft Rep Steel... 79 80 78ft RepStlpf... 103' 103 103 RyStSprng. 50ft 50ft 50ft 74ft 25ft 78ft 103 COft 101ft 17, 38 26 66 95ft 31ft 68ft 104ft 30 52 25ft 231ft 18ft 32ft 15ft 46 55ft 101 143ft 83ft 102 61 149 115ft 62 65 109ft 119ft Reading 102ft 103ft 101 Seab'rdAL. 17ft ' 17ft 17 SeaALpf... 38 38 38 Shattuck... 26ft 26ft 25ft. Sloss-Shsf... 67 69ft 66 ' South Pac..." 96ft 97ft 95ft South Ry... 31ft 32ft 31 South Rypf. 68ft 68ft 68ft Studebaker. 106 106ft 104ft StLSoW... 31 31 30 SL&SWpf. 62ft 62ft 52 StL&SFwl. 25ft 25ft 24ft Texas Co.... 234ft 235 231ft Texas Pac. .18ft 18ft 18ft Tex Co rts.. 33ft 33ft 32ft TenO&Pwi. , 15ft 15ft 15ft Third A RR. 46ft 46ft 46 TobProd... 56ft 66ft 55ft TobP pf... 101 101 101 Union Pac. 144ft 144ft 143ft Un Pac pf . . . . 83ft 83ft 83ft UnCigSto.. 102ft 103ft 102 USCIPpf... 61 61 61 Un Fruit.... 14Sft 149 148ft USIndAl... 117ft 120 115ft USRub.... 62ft 62ft 62 BSSm&R.. 65ft 65ft 64ft USfiteel.... Ill 112ft 109ft US Steel pf. 119ft 119ft 119ft Utah Cop.... 100ft 101ft 99 Utah Sec... 22 22ft 22 Va-CarC..." 43 43 42 Wabash... M 14ft 14ft 14ft WabpA.... 55ft 55ft 55ft WestMd.... 27ft 27ft 27ft Wesths 63ft 54 63ft WeUs F Ex. 142ft 142ft 142ft 99ft 22ft 42 14K 55ft 27ft 53ft 142ft 95ft WestUT... 95ft 95ft 95ft Willy Or.... 36 W&LEwi. 22 W&LBpfwi 50 30ft 35ft 35ft 22ft 50 ft 22ft 21ft 60 50 ft 11 W.El&M.rts. i Woolwth... 140ft 140ft 140ft 140ft Sales up to 11 a. m 264,100 Sales up to 1 p. m 682,000 REAL ESTATE TRAN8FER3. Vhlttlmham Nellit Campbell to lute Bush, lot it, qoar 137, tlO; Iaaac Bush conveys same property to Emma C. Brooka, . Cbevy Chase Helthts Thomas H. Tester n ui. to James O. and Hattle H. Leman, lot jl, square 1ST. 110. n Second street northeast John SUnemets to Rose L. Pierce, lot 12. square 765. (10. East Washington Helshts Uoward B. Kra mer et ux. to Charles II. and Annie V. Kindle, lots 1 to (. square Oil, 110. Meridian Hill Virginia T. and Sarah B Peacock to Luther A. SwarUell, lot (7, square SS3. TlO. CRUDE OILS ADVANCE. PITTSBURGH, Pa., Jan. 6. Pennsyl vania crude oils advanced to new high record prices today, up 10, 5 and 2 cents per barrel, according to grade. Pennsylvania, at $2.95 was up 10 cents ; Ragland at 97 cents nas up 2 cents. Others advanced S cents. HILYER WILL FILED, Mamie C. Hllyer. by her will, dated November 10, 1916, and filed for pro bate In the District Supreme Court today, after making- a bequest of $500 to her son. Gale P. Hllyer. leaves her interest in the family home, 2352 Sixth street northwest, and another property to her husband. Andrew F. Hilyer. in trust for their daughter, Kathleen Hiawatha HUjfer. FINANCIAL Donald II. McKMW. pen. IMcfc. Lo' IntPapp... 101H 10IH 10OJ, IntAgCh... 17H 17H l7Ji Int.Ag-.Cp.. 42 42 42 Inter C 16M 16K 15H Opening of J&nf Established 1845. Investment Bankers Baltimore) New York Washington Southern Building F Gronni Fleer. Main 5600 LOCALMARKET CAPITAL TRACTION LOTS IN- DEMAND. ODD Mergehthaler Linotype- Stopk Weak All Sales Recorded Are in Small Quantities. Hambletpn & Co. to Enter Banking and Brokerage Bus iness Here. Odd lota of Capital Traction stock were in demand on the Washington Stock Exchange today, a total of 33 shares changing hands at 83& This compares with SSH as the last previous sale of the stock. Mergenthaler Lino type stock was weak, sales aggregat ing 27 shares being recorded at 1674 and 1(7. The tock closed with 166U bid and 16714 asked. Six, shares of Lanston Monotype stock brought 73K. Practical ly all stock sales recorded were in small lols. Indicating purely investment business. Fifteen shares of American Graphophone common stock sold at 164. the nrst deal In this stock for some time. The last previous sale of the stock was at 170. The bid for the pre ferred stock was lowered to 162 -with the offering. 165. Bond transactions were confined to a $500 Traction" 5s at 107 and a full bond at the same flgurf, and two Po tomac Consolidated S'a at 101 ?4- Another banking and brokerage or ganization is to enter the Washing ton field tomorrow when Hambleton & Co, investment bankers of Balti more and New- York will open a branch office here in tha Southern building. Daniel H. McKnew' is to be manager of the Washington office. Associated with hlnfrlU b Sylvanus Stokes. Jr. American Can Company enjoyed he most prosperous year" in its history during 1910, with total earnings es timated at J10.000.000. After allow. Ing for interest and depreciation charges on the same basis as for the previous year there would remain a balance of 15,600,000, equivalent to 13.0 per cent, for the 141,233,300 com mon stock, after providing for the 1 per cent dividend on the preferred. American Steel Foundries broke all records for shipments both of equip ment and shell fonrinirs during De. cember, despite difficulties, resulting from the car shortage. Earnings ror the month will doubtless show a sub stantial increase over any previous lous month In the history of the oera Investigation of the reported can cellation of $100,000,000 in shell con tracts reveals that none of the lead ing companies engaged in manufac ture of shells has received notice from the British government of intention to abrogate contracts, says the Wall Street Journal. Most of these contracts are can. cellable only in the event of failure to fulfill their terms. As the leading concerns having such contracts are nearly all on time with their deliv eries, and those that have expert enced delays for one reason or an other are fast catching up 'their shortages, no fear Is felt by their management regarding cancellations. After allowing $100 a share for its preferred stock, Studebaker Cor poration closed the year with an ac tual asset value of $96 & share behind its common aitock. This asset value includes no valuation of good-will and patents which are carried on the company's books at $10,807,276, and are admittedly of substantial value. This value compares with $75 a De cember, 1915, and $50 in 1914. The company earned $10,000,000 in 1916, or 30 per cent on Its common stock. TODAV8 8ALE8. Capital Traction 5's, $5000107. Potomac Consolidation 5's, $1,0006 101. Capital Traction, 6383. 5683. 5083, 583, 583, 608-3, 80 83. American Telephone and Telegraph rights. 6081, C014. 501. Mergenthaler, 20167, 100167, 1O01C7, 60167. American Graphophone common, 100164, 50164. After call: Capital Traction 5's, $1,0000107. Lanston, 6074, Potomac Consolidation 0,-41,0000 101. LOCAL BOND MARKET. Closinr prices furnished by W. B, lftbbs, Co., members New Tork Stock Exchange, lbbs Bulldlnr. Bid. Asked GOVERNMENT BONDS. Bid. Asked U. S. Reg. 2's 99 ... U. S. Coupon 2's 99 ... U. S. ReSL 3's 100 ... U. S. Couon-3's 10Q, ... U. S. Reg. 4's 109 ... U. S. Coupon 4's 110 ... D. C. 365's 103 ... GAS BONDS. Geo. Gas Cert. Ind. 6's. 104 . . Georgetown Gas 5's.... 105 106 Wash. Gas 5's 106 107 Col. Gas & Elec. Deb. 5s SO RAILROAD BONDS. Cap. Trac R. R 5's 106 107 Ana. Pot. Guar. 6'r, ... 98 ... FINANCIAL Sylvanus Stokes, lr. i Ana. e iPotomao S'a.... 09U ... City tt Sub. 6's 102 103 -TMotrop. R. R. 6's 103 ... Wash. Ry. & Elec 4'a.. 81 '82 MISCELLANEOUS BONDS. Pot. Elec Cons. Vi 101 102 Pot. Elec. Lt. B's 104 105 C. & P. Tel. 6's .1 104 105 Arner. Tel. & Telg. 4'a.. 96 Amer. Tel. tc Telg. 4's. 105 ... Am. Graph. 1st 6's 101 102 D. C. Paper Mfg. G's 100 Wash. Market 6's 1927.. 93 101 Wash. Market S's 1947.. 96 101 W. M, Cold Storage Va'. 98 101 X. & W. Steamboat 6's.. 105 Riggs Beat. 6's (long)., 101 -102 LPigga Beat., 6's (short). 101 u. s. realty cs . .-iu-4 .. ', PUBLIC TJTlHTr STOCKS. Capital Traction 8$ $4 Wash. Ry. & Elec. com. 76 Wash, Ry. A.Elec. pfd.. 81 82 N. & W. Steamboat 156 165 Washington Gas 70 71 Georgetown Gas 65 ... Columbia Gas & Elec. 41 ... ' Amer. T. & T 123 ... Amer. T. &T Rights.... 1 2 . TYPE MACHINE STOCKS. Mergenthaler Linotype. 166 167 Lanston Monotype "74 74 MINING STOCK. Greene Cananea 40 ... NATIONAL BANK STOCKS. American Nat. Bank ... ISO Capital Nat. Bank 222 Columbia Nat. Bank 540 250 Commercial Nat. Bank.. .193 195 District Nat. Bank 145. Far. & Mech. Nat Bk.. 240 '... Federal Nat. Bank.... 156 160 Lincoln Nat Bank 160 Nat. Metropolitan Bank. 200 Riggs Nat. Bank COO 590 Second Nat. Bank. 141 143 Nat. Bank of Wash.:... 220 230 TRUST COMPANY STOCKS. Amer. Sec& Trust.... 255 Nat. Sav. & Trust 275 Union Trust 131 Wash. Loan & Trust.... 232 Continental Trust I?5 260 123 235 12 SAVINGS BANKS STOCKS. Home Savings 420 - ... Bank of Com. & Sav.... 12 ... East Wash. Sav. Bank.. 12 12 Sec. Sav. & Com. Bk.... 162 ... FIRE INSURANCE STOCKS. Arlington Fire In 8 8 Firemen's Fire Ins....; 19 ... Ger. Amer. Fire Ins 276 ... Nat. Union Fire Ins.... 6 10 Pot. Fire Ins 28 TITLE INSURANCE STOCKS. Columbia Title Ins 4 6 Real Estate Title Ins... 78 ... MISCELLANEOUS STOCKS. Chapln Sacks., 170 D. C. Paper Mfg. Co.... 140 Grapbo. com 163 Grapho. pfd 162 Merch. Trans. & Stor.. 100 Security Storage 185 Washington Market.... 18 U. S. Realty Co 10 200 200 167, 165 105 BALTIMORE GRAIN MARKET. BALTIMORE, Jan 5. Wheat Firm; January, Februaryvand spot No, 2 re-t; $1.97: No. 2 red Western spot. $2.02. Receipts, 117,841 bushels. No exports. Corn Firmer: January and spot mixed, new. $1.08: No. 3, yellow. $1.09031.10. Cob corn, $4.65 per bar rel. Receipts, 83,012 bushels. No ex ports.. Oats Firm: Standard white. 62 063 cents; No. 3 white, 62062 cents. Receipts, 666,542 bushels. No exports. Rye Steady; No. 2 Western, export, tl.53J1.54. Receipts, 27,163 bushels. No exports. Hay Steady: No. 1 timothy, $17.50; No. 1 clorer mixed, $15.50e$16 Re- celpts, sixty-two tons. WHOLESALE PRODUCE MARKET BUTTER Elln print. ic: EWn. 4Je; process, JStlHc; store packed. SSMc EGGS Nearby. 8Sc: Southern. 4S$te. CHEESE New Tork Bute, factory, ntw. tftffae. POULTRY live hens, per lb., HSMc: roos ters, par lb.. UlJc: turkeys, per lbb.. 33c: sprlns chickens, per lb.. Ztesc: docks, par lb.. UeWc: seese, par lb.. KSUc; keata. yoimr. each, Jos.. - DRESSED FOULTRT Beef, choice, per lb.. tcac; chlctena, per lb.,' 20012c: turkeys, per lb.. Sesoo: ducks, par Ib 20$Sc: roos ters, per lnnen f ten, USJOc GREEN FRUITB Apples, new, per bbL, t2.M0S.SO; per box, U.0OSJ.M; California orances. SUSSIM; Florida oranges, $2.63 J.OO per box; lemons, par box, S2.eOC2.SO: pears, per box. 7SctT2.7S; crape fruit, SXOO0 'VEGETABLES Potatoes, JicCormlck. pet bbL. SUS4H00; Western, per 2H no. sack. Sl.Tses.O0: sweet potato. S3.S0et.S0; string beans. per basket. SX0084.00; peppers, per crate. 22.009X00; carrota. per box, 0c 11.00; okra. per crate. S2.0O6I.O0: radishes, per 100. S2.0O84.0O; cucumbers, basket, S2.SOS4.O0; onions, per 10O-lb- sack, S4.SO04.SO; etc plant. S2.60e2.2S per crate; cabbata. S4.S09S.00 per too lbs.; bests, per bunch. 4gc: celery. per dot.. SScSll.00; romalne, lettuce, $0O8l.S per basket; lettuce, tl.O0S2.2S per baskket, cranberries, per bbL. S7.60SS SO; per box, I1.SS O2-S0: sQuaah, Florida, S2.00S2.S0 per basket. MEN, CEASE YOUR WORRIES There'll Be No Change In Style Next Fall. CINCINNATI, Jan. 6. No great changes In the faihion of 'garments worn at present will be made in men's rdothlrrg- during the fall and winter of 1917-18, if the styles exhibited at the annual convention of the National As sociation of Clothing Designers, which opened here yesterday, are adhered to. The most popular shades worn by the models were gray and brown. President Irving L. Frankel of this city, whl was quoted the other day as saying that frock styles would be the thing, will appoint a style com mittee today. FINANCIAL AS TIME PASSES ON do you find that you are making progress finan cially or are you in the same old rut? A new year has begun, with all its opportunities. Shall its close find you no better off or shall it be a vear of steady progress .toward competency and in- . dependence? IT LIES WITH YOU TO DECIDE. DECIDE TODAY TO BEGIN IN THE 3 Time Deposits ? 2 Check Accounts of The Washington Loan and Trust Company. 900-902 F Street N. W. JOHN JOY EDSON, President OIL RELIEF JtOTO BE AIRED IN SENATE Navy and Justice-Departments Oppose Measure to Grant Claimants' Appeal. A general airing ofthe row over tho Phelan oil relief amendment now before the Senate Public Land Com mittee is expected on the floor of'the Senate In the near future. Senator Pittman, of Nevada, and a. number of other Senators, are stirred up because the Navy Department and the Department of Justice are stand ing In the way of this legislation. All efforts 'to compromise have failed. Secretary JJanlels has Indicated a pur pose to fight the measure "to the last ditch," and now Senator Pittman) has Informed the Public Land Committee that he proposes to try to pass it over the objections of the department. - Involves "title To OH Lands.- er The amendment involves,, title to several hundred millions' worth of oil lands now included ha naval re serve No. 2 In California, set apart by President Toft In 1915. Holders of claims In this naval reserve re gion are trying to get relief, and this bill is for the purpose of granting It in cases which are said by the ad vocates of the legislation to be Just. The oil reserves in naval reserve No. 2 are enormous. Secretary Dan iels takes the position that the Phelan amendment, instead of giving "relief," would crant nreferentlal 'leases to willful trespassers. The fight be tween the department and Senators Pittman, Phelan and others seem sure to go to a flnsb. Hold Oat Against Amendment. The. Navy Departmept. backed ty the Department of Justice,' Is holding out against the amendment. Senator Pittman and others say many of the claimants face bankruptcy as the re sult of the Government withdrawals of oil lands for naval reserve pur poses. ' At a meeting of the Public Lands Committee, It was decided to nice steps to clear up misunderstandings. Senator Pittman 'said that at a con ference between a subcommittee of the main committee and .officials of the Nary Department the department- refused to consider any, measure fpr tne reiiei oi claimants. Cltargea Lack of DUcrlminatlon. Senator Pittman charged that the department refused to distinguish be tween just claims of men who had located, and other claims of less merit, and had put the pan on all of them. Under the circumstances, he said, he would bring the subject up on' the floor and would endeavor to pass the amendment anyhow. It ap plies to the Myers leasing bill. The relief amendment, according to Senator Pittman, would affect only 6,000 acres out of30,000 acres in naval reserve No. 2. Less than 1 per cent of the total oil lands available for the navy. he said, would be touched. He charges that the Navy Department in its eagerness to protect the naval reserve oil. is forgetting Justice and equity to men who located on the lands be fore withdrawal In good faith. GET PROOF .VILLA IS AUVE War Department Hat Photograph Showing Him on Crutch. The long standing debate in the army general staff over the question, "Is Villa alive?" was won hands down by the affirmative when a photograph reached the State Department show ing Villa, crutch and all, which was snapped recently in northern Chi huahua. Since General Pershing's report to the War Department that Villa was dead from a gangrenous wound, and buried in the Guerrero hills, a num ber of staff- officers have stood pat. They would not swallow the stories of Villa's resurrection, even when of ficial reports had the bandit chieftain hopping all over northern Chlhuahut on his crutch. But the evidence of the camera, duly authenticated as to the date the photograph was taken, has been ac cepted as conclusive. Even If their Interest In Villa ha abated since the "get Villa" campaign ended, the photograph stirred up lively interest In the War Depart ment, as It finally brought the argu ment as to thekchieftaln's whereabouts In an end. REPORTS EIGHT SHIPS SUNK Three British and Three Norwegian Vessels Loit, Say Lloyd's. Lloyds has reported three Brit ish, three Norwegian, one French, and one Swedish ship recently sunk, with a total tonnage of 10,084. The list follows: British steamers Baycralg, Holly Branch Nonltorla; Norwegian, Britannic, Alllk, Erlcka; French, Aconcagua, and Swedish, Goosebrldge. FINANCIAL . HUGEYOTEFDHD USED, SAYS OWEN Senafor Declares fast Sums Were Spent to Influence Elections in 1916. That 125,000,000 was .expended dur ing 1916 "for Influencing lections," was the declaration today -of. United States' Senator Robert L. Owen, of Oklahoma, at the opening session of the National Popular QoVemment League. , . Senator Owen declared nhls esti mate of expenditures is "based on re ported and known, expenses." He declared such vast outlays of money for influencing elections la one of the chief causes for the high cost of living. He asserted that "election Influenc ing which includes yote buying" goes on constantly. PnbHelrr Law Vaeleaa. The campaign expenditures pub licity Jaw Is useless," said Senator Owen, and he cited reports of expen ditures of sums aa Tast as J6.000.000 having passed unrecorded In the last election. . .Senator Owen war the principal speaker at this morning's session of the league, which began Its third an nual conference at the New Bbbitt at 10 d'clock. Senator Owen made a strong ad dress In advocacy' of his corrupt prac .!.. hill nnv nrnrilnr In (Tonarress. and astonished his audience with his descriptions of conditions that are possible ap long as corrupt practices remain -uncurbed. ' Saya Congress Sbonld DeeMe. Senator Owen also mentioned 'the fight the railroads of the country are making on the- Adamson eight hour law. He asserted that" the Su preme Court of the United States, '.'composed of nine gentlemen appoint ed for life to. the highest Federal court, who are not responsible to anybody except their own opinions,", was not the proper body to determine the constitutionality of the Adamson tt .M ConsTeas" should, decide whether or not its laws are-constitu-ilonal. WOULD EXEMPT D. A. R LOT. The commissioners sent to Congress today a favorable report on-the bill to exempt property owned by the Daughters of the American Revolu tlonasy adjacent to Continental Me morial Hall from taxation. It la un derstood the commissioners say, that the Daughters of the American Rev olution are preparing to extend their building westward on this ground. The lot on which the building stands already Is exempt. GIVE NEIGHBORHOOD DINNER. Residents of Park V.iew and Pet. worth gave a. banquet, and reception in honor of the members of No. 24, Engine Company at the engine house In Georgia avenue last night. F. "C. Shaw was toastmaater, and the speakers were "William F. Oude. John O. MeOrath. Battalion Chie Donoboe. Ewald Schneider, Sergeant Boyce, Sergeant McKay, and Private Moxley. A musical program followed the addresses. FINANCIAL STATEMENT REPORT OF 'r US" COMMERCIAL At Washington. In the RESOURCES. 1. a Loans and discounts. Total loans .... dNoUtes-and bills redlscounted (see Deduct: 2. Overdrafts, secured, 17.771.62; unsecured. 121.528.76 29.3003 5- aUU.SS.bbon5"s deposited to secure circulation (par .;MAi ...-..,,- " w vv b V. Abond.' pVedue-i to secure U. a deposit, (par value) ...- i.uuvv Total U. S bonds - S2S.W.00 6- Xtt."SSerUffan.:& bond, pledged to secure U. S. Jeposlts ,,: iZoB.13000 b Bond, other than U. a bonds pledged to secure State or other deposit, (postal excluded) or ' hill, ruvnhle 1.11.1T bills payable e Securities other than U. S. bonds t,ir. mimed unnledged stocks) owned unpledged Tota bonds, securities, etc... J... 1.6S7.249 24 - biv. nihpr than Federal reserve bank stock 117 11103 i !Sk at ? Federal reserve Thank (50 per cent or subscription).. 37.00 00 9 2 Value of inking house (If unencumbered) .... 325.00Q 00 b Equity In banking house 35S'?nS8 m Furniture and1 fixtures il-jix"! S l?" Real estate owned other than banking house.... 7,00000 IL a Net amount due from approved reserve agents in Vew York. Chicago, and St. Louis J187,51315 13 Net amount due from banks and bankers (other than included in 12 or 20).. 439,14 ss 14 Exchanges for clearing nous - -- 172.18171 15. Other checks on banks in the same city or town as reporting ban It - ...---" ix-e j vi 16. aOutside check, and other cash "ems... ,5H5nnl b Fractional currency, nickels, and cents b.KO 08 ,, 17 Notes of other national banks .j. 17,05000 0 Lawful reserve In vault and net amount due from Federal re- ... " " serve bank - - .,, ii'W 807,886-07 M Redemption fund with U. a Treasurer and due from U a Treasurer - .... 27.200 00 Total w LIABILITTES. Capital stock paid In Surplus fund aUndlvIded profits b Less current expenses. Interest, and taxes paid Amount reserved for taxes accrued 1 Amount reserved for all Interest accrued Circulating notes outstanding .......-, Net amount due to banks and bankers. ......... Dividends unpaid Demand deposits: Individual deposits subject to check . Certificates of deposit due in less than 30 days.... Certified checks , Cashier's checks outstanding Untted States deposits Postal savings deposits ........ .. Total demand deposits. Items 33. 34, 35, 36. 37, 38 83.317,10873 Time deposits (payable lifter 30 days, or subject to 30 days' or more notice) Certificates of deposits sr time aepoaiu , Total of time denoaits. Items a Other bonds borrowed without furnishing col lateral security for same 97.55000 b Other bonds borrowed for which collateral se curity waa furnisned 69.000 00 Total 53. Liabilities for rediscounts. Including those with Federal re serve bank 126.717 35 City of Washington, District of Columbia, ss: I. T. K. SANDS. Cashier of the above-named bank. do. solemnly swear that the above statement Is true to the best of my knowledge and belief. Subscribed and sworn to before (Seal.) Correct A'ttest: A. G. CLAPHAM. H. BRADLET DAVIDSON, LECTURES BEFORE BANKERS. "Capful' and Interest waa the aub Jectof a lecture delivered before the Washington Chapter of the American Institute of Banking last night by Prof. Robert Ttuss 'Kern, of George "Washington University. This was the fourth 'lecture of a series of five Which Prof. Kern is delivering before the chapter on-tha general subject. "Principles of Economics." The final lecture n the series Is to be dajrrered next Thursdaf Evening when Prof. Kern Is expected to discuss "Economic Coadltlon.After the War." FINANCIAL Capital ...... Karard Sorpli B1,G6G060 .gi.eeaea FIRE OR THEFT in your home may entail ir reparable losa if you have jewels orN valuable papers tacked away in bureau draw ers, etc THE SAFE DEPOSIT DEPT. "of this bank offers ABSOLUTE SECURITY, for important papers, bonds, deeds, etc Safe Deposit Boxes At Very Moderate Rentals. ' CeaTsslaot, wall-llxhted Coupon Room. National Savings and Trust Company Corser 15 th aad N. Y. Ave. FIFTIETH YEAR. N. L Carpeiter k Ct. . Main OfSee. IT WllUa ' Street, IT. T. MEMBERS. New Tork StocJr New Tork Coffee Exchanxt. Kxcbaan. Haw Tork Cotton Chicar Board of Eicbanja. Trade. . Kair Orleans Cotton New Tork Frednee Bichanra. Excbacsa. Prirate Wire With AU Principal atlas; HERBERTH. BROWN, MANAGER. " .- -Woodward BuUdUg. iStk'atnd H Sts. IT. W. The Safest InYtwtmenU Art those that do not (tactual dnrinr. dis torted condition! of the money cr stock ami- ass a J-J AaT tn & ! anaf. X4fa Jfirav UCW O Ui awe-pa - taxes), wtll ecur-sd on rel -MUta to tfc District OC fJOiumois. ce-usuiutv .-m inTutmtats. and thr do not depad trpoa th rw-itioa for thlr tabiiltT. W can spply TTT:-.. a- amXtmta ?ww MSA tin. .rzr oamri far fcooUat- X3tmctfiilnr Loam and InTMtxDcnts. SWARTZELL, RHEEM & , HENSEYCO., TB "ttlb Street X. W. John'L. Edwank & Go. WVESTMamT SECURITIES MEMBERS NEW YORK STOCK EXCHANGE WaaUngton stock Bxekaage 1415 O -Street yortkwest. Telephones Mais 3320-3321 Unexcelled tacMltlea for the ptxrc&ax aad.al of -Securities In laxse or amau lota lail tnaritU, for Cash or on - FINANCIAL STATEMENT HE CONDITION 'XMXXi NATIONAL BANK ? "" C,M8 f bus,ne8a 5.464.S61 76- E.464.5617G item 53) 116,727 35 t (not Including zzoass 04 10,2204212 8750,000 00 500.000 00 8163.166 50 50.119 31 113.0471 16,638 38 13.99S 72 75O.000 00 2,672,025 92 220 00 2.916.404 2 22.034 42 8,807 74 15.254 41 I 316.687 51 37,920 37 ".05.000 00 .... 41 and. 43 .81.930.54318 156,550 00 10.220.12812 i". iv. 5AMUS cashier. me this 4th day of January. 1917. ROBT. A. CISSEL. Notary Public R. GOLDEN DONALDSON. JAMES A. CAHILL. Directors. r i o Jt?.