THE WASHINGTON HERALD WEDNESDAY OCTOBER 1906 a 10 10 i STOCK MARKET Prices Show Little Tendeiic to Rise After Opening EXPECT INCREASED DIVIDENDS Bnylng Movement iii Several Tiulti- Htrlal flue o Belief that Larger DiKtriltntiou t StockliolilerM AVI1 lie AHnoiinced PomiKylvaiili- nnd Inion Pncilto Arc Watelieil Mew York Oct fTfce course Y tte stock MMffket t mj was liHUji a repetition of fCBtertay tsfei ttfTerence awwever Uuft tile dull nlnterestins cbmrscter of the market xflJWni yesterday was todfty Ittcvs of securities at dw start gener By showed gains over the Mown W ctase of the ancedSna session i the first half or threequarters of iQttr of business maaifested a rising ten- D the market turned sluggish a flotations a rule but b olntely no pleasure to sell stocks 1 hour between l and i oclock MH chares of snick were bought aa old and the marhwf thus lingered Tbnaoghout the rant ft the day In certain stocks today however were really vigorous buying movements These seemed to be principally in the ta- 1ustrtal shares such notably as an Smelting and Refining American I emotive International Steam Pump the different railway equipment stocks ICxpect IncrUKKCil Dividend Some lesser gains were also made the AllisChalmem Virginia and Carolina Chemical and American Cotton Teasing knowledge of the large an 1 nsnUabi business that all these comm are doing was undoubtedly the rea- son for the advances and rumors of in Teases of dividends for which it is it all improbable that there Is substan tonal foudation circulated in the case these and other similar concerns The feature of the dealings In the rail- way list today was the open accunnila tIeD of Pennsylvania stock for which common explanation was that an ad- vance ia the nmiytvanias dividend rate was thought to br impending The com panys earnings manifestly warranted ai enlarged distribution to stockholders ta usually wellinformed quarters was thought altogether Hkrty that ac- tion along these lines would be taken the Pennsylvania directors at their meeting on tbt first of He mouth Ootaide of these and a few other ttnuvncttena the market action Bftund to be almost wholly toe work the meintradiag stock exchange dement The dose of the market was irregular but beyond the stocks that have been ned the changes in price in prominent shares were generally exceed- ingly small There were no noteworthy declines anywhere Awaltl c Union Pitclftc Ho Wall street was undoubtedly awaiting with some interest today the publication of the fuD annual report of the Union Pacttc which should presumably been made after the annual meeting th stockholders of the road at Salt Lake City but ap to the time of closing how- ever the report had not appeared or it aaM probable that the document would Appear any time during the day A summary of the financial operations of the system has of course dating the recent months but there many details concerning this and matters which will naturally appear In the report proper The general belief is very strong that Union Pacts exhsfeit win make such a showing as prove beyond any Question that wbateve- jnst criticism attaches to the manner fixing and announcing the present 19 dividend rate on the roads common stock the earnings of the road abundant Justified the act It is very well known too that with an he great railroad systems of country the earntegs of the Union Pacific have been at much larger rate June 3t the end of its fiscal year afttnve SttMwtlam I7nKa ttleA Of actual developments of a Onancf character tbe most important today an means were those relating to the ejr aUuatioa peer Very ity obviously exists in the don market as to whether the ot the Bank of England will or will at their Thursdays meeting raise banks Discount rate above the presc of 4 per cent Discounts in the open market in don are now aboe this rate a that ordinarily surely presages an m the oflicial rate of the On the other hand sterling exchange rose threequarters of a cent in pound today and Is now risen U cents above the level touched by last Friday Gold exports from London to this city under such circumstances are very ir probable If not absolutely impossible that the strong weight of evidence is that the drain of gold from London for use of this country has ceased There were entice who professed to see in rise m sterling today an adverse factor in stockmarket sense but the rise f- asterflng should logically have exercised tajvorabie Influence on values state it sic eel that tbe London market was loasjer to be disturbed by our gold with MwHey Oolii to The rise hi sterling in the last days has been doe to the fact that bankers have been making remittances money to London in payment of sums r- cently harrowed here and have been i tag so because tbe money market here has attained such ease as to make course the natural one to pursue can money today fell as low as V per cent and the majority of the day Isani were made at 4 per cent or wader Pressure was agate evident on the part hmder not only to put out time mace at 4 per cent if they could do so but httjr commercial paper In larger ftea sad all this seems to foreshadow a WMf stated in this column yesterday a decline te tbe price of time money be taavthe legal rate in the sear future fcnr ak Oct i Mawr ra mil at the at t tri4ay nvned t 4W per cent hicbeat i oat 3K dosB L Most of the loam WWT t T T oent- Tirrc muncy ws asy in tone and an roovasrfv- uliinsc of buciw reported Quoted rate rr- Hvaiii ricbaaaed at six per cent fur an periods M n nulc paper was in better deiaaud Sales howtsl an iacrwuf The market f r ftUrtof ranged nntg ndranring 48SBS It cloard oUchtly n this teTri for artntl were ax- lillovrs SUty i898Da48WO demand IMM- iyw York Sto- sjgtT 13M- Anionran Can HWIOII Con Htm raiitiof1 CURB QIOTATIOS- by K R Cliariouu 4 v- Kithangc U Bowit Ch ansa tit DonhwfrU Hisii L w Close SPi 5S t 56S SS 34i 33S S- MK Ka r wiiits i d- Miilill VIiinu ni H 2T7 S- 7BU 4 tIN i 0 soon followed j very with and tnt nsifted at and an iI as under t lie there Amen and by Oil In dea not of the and today- it by v- ie of the Art have I of did ate other onlY the to fit along the since than Ii directors not the figure ton here the nearly it no the the M waIL Jan lun few this of to qua MOXItY UiRltJrl days I to bP- I Rat ion IftB day cabin IL F fd c I j 41 41 lJbvar d- 3Cmhrl1 1 H 1 OT 17 4- E iX i i S Lt r t declined only along stock today I appeared per- cent s theretofore eon considerable condition ad- Vance bank a soc of X 4- e S 1Ei taiiMt Fiirnihtd asebre k pies 4O- 4ntrd Fun4ri- tIiVfl l4t r P4 F t n t fl 14 4 4- g5j A2 < < < < < << > < < < NEW YORK STOCK MARKET Trftobrn New York in ed by fbarte O Co kithang Msaary Build C pper A C- Am Cotton 7M 18 in 180 toS 4 CSVW 116H 1M Itt Act lee See Am Low A Steel Kd 29M 3W 3 3W 3 s- HA 8H 8i V 389 4 Pi H fti 191 21 27fe 2TH il- WD H 91 99 H 4 14 W fc 7 7 4- If 19 It- 1WM 19 1HA 158 UM- kttSUrBfUtfe Am Weeks pfd Anaconda Atrhi ion Atrhuon pld MiUto Ohio Brook K T ui rariflc- Yr t leather IChes Ohio tij Alt Chi it V- Vhi CJ W pfd H M X W ID True TIL T T r C St L K 1 oltt So oio So la- uk So 2d A H C A I fin Prod 1 M- D tt H His Sec Krie- Krit 1st KriP 2d GIlL Ekrtric North pfd IM tata Met let Paper tec Waper pfd fowa OM- M K T M K T Dft- Lno T C Mat Binctrtt Lead X Y Cent N Y a ft W V W North DM Pac Pacific Mail Pa R 33 IB 381 2B- SW 3Tto 37 340 CZV 0 O Wl MWW14K5- J 218 23- 8m 1 t S- m U BH IT U1- 3N tt- 17M Sam SCi 5- tim s M 1388 88 tt HH 5 4 5S- 5W13 131 5 38V 94 3 2 2H ZO 23 23 2 IM IH m cs i 43 2881 M H 7 4 TWk 71- U8W ii 47 fc 47 ft 98 77 7T H 77 77 m ro T 7 w 332 33ZS- 3iH 36i 08 JflMa 7W 881 88 Hi SW 8- lins 113 MK IP Ml- 4J M Wk M i H Ken L 8- Re I 8 nit Hock Island Beck 1tapd pfd ist L S tM- at L a w So Ihwifle 0 H4 W4 4- ft 75 7 T- Texa rOc Ja- T St L 3 s 38 3W T S L W JIlL Union Uac Intou PntnV 7S Bb BMi tt t sff- K S m w- v y1- k a i5 5 ul tv n- t 8 Knbbcr9il 1H9- H 8 8n l SIJ- Mr a 8to4 pH MrJ w sini i Va Cban MM 4H s4 4a- Vnkan DeU pfi IP- W aL Daloo W L K- Wi OtMrat- Wia Oral ntf fatal aUe 8K tf 9K 81- IIOS OX STOCKS Hk F wei and Albenr Mexican 5atnl- X Y N JL and H American Art ChiaiiriT aiH- Uatrieaa TBbe- AraerieaH Safar- AflKTiean pfd AoKTicM Aokriraa Worira- ADKiicaa Woolen pM DnKiition ken Maasacbaaetta Dectrkr- fHisetto d 8km XarMaciy l- Xflrth Botte Atlantic Shannon Utah New YHk Oct tStock- Atduaaa and toft r- C C 8C U ceav IB Erie sea 4a n K Eric la M L S aad M 8 X Y C aa Ur La flaU fj- IhUon Incite L S Steel Wabaj deb Total ajdn CJa8 naiBrt IKJMJM mufday- JMaUa a votk a aj feamaat year o Sew Y k On tt ttod- bood daajat t4a 2 m COTTOK MASK1T by Dick Bro A Co ben af the Hew York sal New Orteaaa Cotton cbaaces 1B2 H net aoKkweat Pkoaea Mate New York Oct 9Tbe cotton BUkct bas kea atrooK teday Liverpool prices oa- iodicatia of cold weather ta the Soatwwcrt and faSm on the Mrtinrct awl in EppC I al were MaMciKd by the autket and cwnvad OH the rim Hovea with Soatbera and Ltrerpool ccanections tbe aa r ket Mipcrt IM ta and t further MaM M br Jndfeattona of ell beta oRt fer yc r York V Ojen H tow Ckne Ml Mitt Xc v Orlciins- 08M Hia Low Clear WO ttK n8ktJ- 8S ISIS MSTKd- fttJS 1M8 JI- V88- ptsi Stock tttM S4- Ml 2 WVS 5 SM 2 e MM- HvOT WSI- 243B K 2 PRODUCE IN BALTIMORE Baltimore Oil FLOURMarfct steady Winter extra 2Ko38o winter clear IfialS ftrawht 34Q Ji3 wiuu patent 375aJ pritt clear 32WL68 crrinj Mraight a3 Rprin pat- ent i a44 City Mil boat nitwt l City Mills Waaarailo rw n Mi hi rade- straigtit 4S8 choice family 46S City MOle extra 125a348 Rio afa 39BR4W r e flow OMdhn to dMikf X50a38B coraKal per N8 pound lCal- OATSMarict was firm Stork in elm torn 311 TM bushels stupm its from fleriOeta 13 88 bmbebt New tate White No 2 38a39 Ac Nn 3 3Ba do Xo 4 34Ha35 mixed X 2 37ka37V- t Xo S 3 Ha36 No 4 34a34V XotTbea- lxnf nuotatiocs refer d inesijr delivery HYEStock in 92645 hasitelx muiu InuhcU No 2 Western exBMt cieTator 86 Xo C SaC No 3 Western 3aM So 3 war bj SBatt Xo 4 Western 8861 Xo 4 nearby KaS0 choice Western uptown drHvery 7- 2WTTEKMarkrt firm Cramcry lineN per lb 27a2Pi do cbov 2taS do good 22a2J do l a ki priuts 2a9 do biocta 24a 3 l dle STatS nearby roTh 17aH torep cketl Ohio ISulC1 do VHt Virmia ijali M laod Virginia and Iawssrhmnu dtr prints ISal- TEGGSMarket tone Manlaml Ptiiiisv Irani and nrarbjr firxU lose on i cr i z ii C4 Virginia loi oft 24 Western firsts loss 21 V t Virifinia loss off 3 Sowliorn jai guinea UVK roULTKYMarfcif tinn OikJtfnv d Sieary tur it d niin 11 jU- itooaters 2JaJ6 d x prmg brxe miaM do oneS M Dnck laddle large KW3 do Jal2 mcn el 1C drakes cacb 3 a49- njrinia j r Hi GIlt Io ft Ama 1114 4 C 111 lOfI EA 3- 1i lIMe tl 1ft W- A It tAd i1 ll5 1114 rT I ltt 1R lt3 lL lll Jtt k Itlt1 1ft 112 m 78 1W 6311 J m 31 31 31 I ft SI4 SJ4 SI4 IMi Iftr flfl 2f 1 k 5 li- 4t IIi f 14 d Ifr II lit IK JOO- C 1B 1Z Corn Iii S ok it iid II tAtl1 ftI1t 4itlIma Itt 1ttt 1Il IlL 3t I jM I K IIM mli fils ll- L A N In tI tlb tz t I 3ft 154 k nlit U n fi tHt 1ft HI lu M Wit ok B l S 31 S 1714 JL HIt JiJ I5i4 1t JIn 6 th W5 rj k 31 2M tl 2 3P2 JI iw a 1M 7 Jiii s 1 w w S fl f1 l iT II 1IIIIaNII s Cft G 1rCSt laAt Bolt s 1 u- tle DIIt ur ur I Ua Gs- I T- L taM 211 t aM XiIDaIIcJ II BIi Mea iaJ QCvldt Itates jj jjj 4 jjj k r CaIIII i- B I f n here moUrn nceIpA at Save Ochelper Je Sw IICi ft J lick 511 yew yOlk OS 31 III 5Ii U at U City I do to Ito itat ion better Da15 fr hIt lit i d- om J urn and hit Pckms lh 2Ii1 Ii II Pit liT a J d- pa I taI Jti J I lOaILffT4rOetfOctlA- JibCldm l7t it it- Mhi4iuiai 4d Ii litti F leon 4 4h4 16 45- AM F pfd lW I 1t ha HIdE tai aid 1h l- Au im In 115- AUL m Tub pI 15 W- 4a m 1 10S L 15t 10 103b lii 1 101 103I IZ sm 7a 75 lW4 1te 1704 0 4 Wi1 se ia 1 18 se- C W 4 I IT 57 s 10 S Its 111 I 42 1tlL III 54 Wz 152 im Irt Wi 35 71 75 75 34 Xaa cite 15 B 15 c So U 45 IIS1C 147 117 1- 4MexCeat IPi 35 W 71 711 a 4st 10 W 215 fl4ti ZiSti t Pnsed ZisdIa nt mti IN W 0 b 350 S 10 23 1- 0msbrld jUN 0 15 04- 8eutbe W4 W4 35 31 10- Tokds 7031 at 150 Nor 10 40 I- Ij S R iSi szMrr let 131 b 0 00 Wabs n d 0 Qmtsism tIda W I a tb 20 tOn 1151 Mein- e35cs 1ecstnl fl m 15 r sal 10 10 Wi 10 10 1 0 11in CI8iVT 10 0U- SV75ILANt7US ieOi1 adam Psin 145 At Ct ie eeL Os- C brd 10 Ptala 3 1- 0kcsdheis 15 b 30 Xr 14QilsS pevnan ng- b W 3 rag Is ana14- a maR bnds- b em- is 110 1540- k a n- gDc3 10- Ni 1nlea non lot qui almond bear strcatb urmot1 gore 5 ladhg for tonocse dan 10 nn D0vr1oc 115 Wa ngr nrs- v IS 1045 1015 14 all 1052 102 W10 lesonb is0 w7 10a 83Wft- 8la 1411083- S101 1iu1et- BIterb lain tkke51e 15l 3- trw1MemoSoc 4- i LW Mfr 703 1- 4kis 710 1 m- Ais51 L3li sea win- ter 47 ship- S reattd nail pr 4ostMr51nd tINt 1itIiIiI4Ilflu ZI lb- 13514t n1t1I lr d t laIr 20 tiua > > > > < ¬ > > > = = = = = = = = === = = = = > ¼ ± WALL STREET NOTESN- ew York Oct 9 The stock today dropped deeper Into the rut despite spasmodic bursts of activity the general trading mid well sustained strength In three or four stocks out side interest was very small traders were apathetic and few bullish Where there were of consequence buying was largely concentrated as for Instance in Smelt- ers of which the apeciftllstg bought about JOMO shares and In Penney which was bought in large blocks by a prominent parties The lack of to these special movements caused which was increased the absence of confirmation of the rumors recently circulated and the change of sentiment was illustrated the fact that some traders the opinion that an increase in the dividend would be a bearish argument Trading at times was almost at a standstill with few changes worth mentioning m quotations anti hailed on nothing morj than professional Sharp advance In narrow spe- cialties like Federal Smelting and Duluth South Shore and AtlaaUc preferred tf not make a bull market or even a color able imitation of November 1 directors of wilt meet to declare the semi- annual dividend oa the stock weeks ago there were rumors that a din tribution at the rate of Sl2 per for the halt year then be authori- zed but at that time a geed deal stock was distributed on the strength of the report and it is Just poarfMe the revival of the story and of in the stock are intended to a similar purpose than three yet remain within which a could be carried out m the stock either with or without the certainty of an m tile dividend for while te story of an advance to a 7 per baste has not received anything like otV eta sanction It Is sufficiently plausible to obtain considerable credence Several days ago when the market was fairly strong Pennsylvania was a notable laggare awl the theory was then propounded that thlsx steel was held hi reserve in order that might be utttfsed to give a degree strength to the market alter this bad gone out of the earlier The recent action of the stock s been out of line with that theory a though it Is yet tOO early to say It has not been fotMaded on something of a snore sutotaatial nature With a sontewhat heavier tone than the preceding day Steel common wa again one of the active features of nwrket and the fact that the stock no influence front tile strength in Penn- sylvania although It does as a ruie had the effect of making the element rather bearish fur the time being on the ground that the upward movement had attained its full growth and that until large interests showed more to bullish operations it was use ten to expect any great volume of buy tag the public have displayed little en thustasn over the ore deal for the reason that its full significance Is not under stood The price paid for the ore doeS not at first seem to be low but it U of very great consequence that the ore it- self contains a high percentage of Iron so that the relative cost of producing steel from it will be smalL It to well within the mark to say that tile proportion of Iron Great North- ern ores is between 0 and 89 per cent Two tons of this or will suffice for a ton of steel against three or four tons of Southern iron It takes approximately a furnace and as coke b expensive ay about IS a ton there ia a substantial tjav tag in trfattag ores of per cent as com- pared with ores of at or per cent iron The question of freight also enters into the ease Every office m the street baa had nu- merous inquiries recently as to why Amalgamated Copper does not move This In itself strongly suggests the extetencr- of an extended public interest on the side The great activity in mining on the curb has led many people to ex- pect a big advance hi Amalgamated and those who did not care to risk money In the stocks of the smaller concerns have taken out some Autflga mated te the be- lief that it afforded a fair prospect of profit without danger attending commit- ments In ventures whose value has not yet been clearly established National Lead moved to some extent in sympathy with American Smelting and being controlled by interests the latter company and it was said the was a short interest of considerable dfr mansions In the stock In wenInformed circles it was asserted that earnings were running at the rate of 12 per cent or upward for the coteunon stock The rfc people were MId to have given out tip that Smelters would reach IM this The margin left for fulfillment at the high point of the day was so narrow that the traders were inclined to watt for some new inspiration Postponement of the Chesapeake sad Ohio dividend meeting had no appceetaMe effect on the There has bees very little speculation Chesapeake and Ohio recently for while there was a good deal of talk during the summer about a possi- ble increase In dividend rate the repre- sentatives of large interests in the prop- erty allowed It to become known that while earnIngs were good the of the road would for some time prove such a drain ou income that bte company could not at present afford to Institute a policy o greater liberality toward stockholders They point to the Tact that small rtvidends have been paid for years during which the road was hardly Justified ta paying anything For some reason said to be based on the annual report Erie sold off although the portions of the document not already covered in the preliminary statement some weeks ago were on the whole a highly satisfactory character Bull on American Locomotive asserted iUe General Electric Company had bought additional common stock might buy still more out of the pro of its prospective Issue oY new Very close relations it was said now exist between the two companies with every prospect that the ties would be drawn still closer in the near future The agreements for Joint construction of electrical have resulted to the advantage of both company and the prospects for the substitution of elec- tricity for steam give promise of a heavy Increase in the demand for this kind of routpment Contrary to Ute general belief that part of the Sl 09W atgck of the Chi- cago Milwaukee and St Paul Rail road Company authorized at the mating on September 29 wIlt come upon the market until well into next year It Is now estimated by per suns close to the management that a portion of the Issue may be offered to stockholders within thrge months A llrertor of the road In discussing the matter today that in his opin ion ito put of the stock would be is sued inside of two months but admitted that there was a possibility of its being nfTcTPl to shareholders before the i tl y ir It is known that a part f ii at least will be used in the Pacific Ionst extension project market and In Many were movements the few response by favOr- able by Penn- sylvania these ODe- On the cent of that activity accomplish More movement rue cent It of not 1 that OIl the lathe ton ot coke to treat ton ol ore at the 45 long Refining the week Rode In of that recently and coeds Capi- tal n stated dis- appointment expressed op- erations Penn- sylvania Sonic would weeks In- crease general qual- Ity leaders jOlt general trading encour- agement a 15 Issues in require- ments pub- lished an- nual end ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ NEW YORK PRODUCEN- ew Yd Oct 9MILL1T5ED heW Brads Bring bra to MMb sacks t arrive and a35 mfcaungs Lit city Inn 199tettfi West em red 2aM- FLOUalMctttv steady spring patent IMriJt prim X53 winter rtxafehta Utalfl winter anus X M3J5 Kansas to samba XTSalW straights JSaU dean SJteLtt- KYB FLOUlUSOonn enecfcmi 1WJHC- OUNMKAIsModerato dnoMMl Mb sport ITsatTS coarae meal ia Lags L1WJL BUCKWHEAT PLOOltDall sod uaaUHaa fc 1 for spot nod IJaaUB to arrive IlAY3ttojer ttodertor twde raatpta IJat put riport priwr T K 1 No t a T- 3o 2 7Za8- STKAWPak twnrfrj tea rye Was BEEKFinacr Ntantntety Mttra Matty ttr 1291 packet aMtoiMt- POKKFair Mew UJBallTS tandy AH- TALLOWIaactiw ftj anoted It Wl fa f bead LAKDFtaMt prime WeMem Ml ttty 11 Booth American MLS reined IttMla tea 1L3 city tearine JK otfttatearta qane eJr tti- CWcaaD t- SUGARTIM local Maffert tar nine tad mKhMprt ewttWwpl MM 1 MM corado tot 3M nartraMs stnpr refined quiet tat steely ned i HUTTKKlUeeJn 1MB PntaBsnir extra noted EOttftHeceinta aSB with Writers torts mined at the of S to at NAVAL STOKEtatot rote tt7Sf taunh Writ turpentine C3 bamfcu Un LID Barrels Spirit turpentine wa ajMrted at at at M far ma- cfoiac made bnrehr with reek staa at strained aad tar steady at Ml Sat ail xnnv YORK New Tort Ort 1Qsjb markets WH1AT Stronger checking tnde K 1 Xartbcm Dnkt- to sad sal 4 eer netanbtr f a No 1 Karttan Mantlnba ft late Xmaabi- So 2 Martbfra MauHaha KK late Xini san No 2 red f b m sJMkr Deamber X hard over Deeonber f o b No 1 Mfc f o h Xe 2 MacMani 7 i toot COICiSteady No S cheater MK Xo S October MK 2 early Xoumliu SI f h Xo 2 trait o b Ezportm teal I lead OATS aa 4pfct tnaV ffliartai prtet XoJwUte O Xa 9M Mo 2 stud tkK otieta Jar Maw bOne Yeatnda Hla Len Ctaae R K Maj Mft UK OK MK- CORS cniavco fnAivQ- aatatiaw iMMaai l CkHto Of oft Co aiaok iMhMftv afcawey WHEAT MA- mbfr H5 Tnt JBU SK Kaild Low Owe fBi 7 a- COFIUBB 3IAR1CKT2- Cw YoA Oct l llkt aaCEac rat today 0h t loin pratAaa esxhassa wIthout asahiit Ion cAn mm BracB The Primes went IS to poSits set hear Xliifcenth Street Property Sold Moore Jt Hill yesterday announced the sale of the large residence 1830 Nine teenth street northwest The property was owned by Bradley Davidson and the house was built shod two years ago as a home and he resided there while build- ing the other houses In the row between S and T streets The property was sold for H80W FINANCIAL Fiscal for tile United St- Govtrament Depository for funds of Pkilipputt Banking Corporation CAPITAL AND SURPLUS The International Banking Corporation solicits every of banking business whether business profes- sional trustee personal or household accounts and a cordial welcome to a intending customers- In the matter of loans and discounts the bank affords the most liberal treatment consist- ent with sound banking The bank pays per cent per annum on ac- counts subject to check and higher rates on time money Particulars of these rates on application The attention of the depositing public is invited to the wide margin of security afforded by the banks excep- tionally large cash Capital and Surplus of SIX A HALF MlLLiOH DOLLARS 1415 Q Street Northwest BOND BUILDING 714 14th Si Invites your a count Deposit branch nt Woodward Lothrops WASHINGTON BRANCH OFFICE U12 II St NW Maryland Building MEKBERH New York Stock Kichawrf StMk Bsriwigs New York Cotton New Sttt utge New To Crt Board of Trade Liverpool Cotton Teybvate irhlaiGJIO and tin lake rail dos deaN bide 41 M raw quiet MIlt I I frY muIDed at wIth It die IaIIIIt si LB arch lab I I I- t 0 No L II ICe fi- t see I J apes n I R 5l4tIi A MU II I ft a 41- IIinewr a 13ft- LAJU N 1M 11 fI 1J I a I 6lJl ufling st a of S At die it WIll two ts nternationaJ 65OOOO de- scription 2 AND Washington Branch THE UfJION- S A VI N G S BANK Ibl- I Or I Ii GEQRGE EDMU DS Managers JOSEPH B WEED pdmus ted Sir brie 31 I 51 ii5a 10 10 ini st mm gfraiJel Iear Se 131 fir moism was GRAIN a a 2 zpntere hula hz 2 a and 9 whIte 35 mla WILL mine- D 10 11 Demonbe 0 May anniny Jes Yk oem C 7- 1Demonberh o1 43- sli i 4 p 3- 1Wi 0 0 31 7531 L t 110 810- 810 10 510 silo sam sr neon4iss adn in On monk rln- e flag Zmegosa rabl sad as ned dseUr 14 mint and diag n510 st 1n 35 ex- tends 2 a CK ROSt CO tsnctiia L < < ¬ ¬ ¬ ¬ ¬ = = FINANCIAL O K m Co MEMBERS N Y STOCK EXCHANGE WASHINGTON OFFICE 1301 F Street Northwest CHIPMAN Manager v Member Washington I FINANCIAL j I i I FINANCIAL- i I E I I I L L L NEWYORre 1 t f G B j h i t J I I 1 Chapman 8033ROADWAY L L L Stock Exchange I + < < > < === or GKORGBTOAW D C Organized May ISSIi NOTICE Subscription IxmUs to the 2 tli nn- nnal lassie of fvill soon close Four per ernt imiil Oil special dc IJoaKw of JJlbO niiil multiples cent also paid awnthly Ocpoaitt KN and amrtn Addnwnal interest al n statarity of atodt SOW i alwar tilt to begin t The aaoat socceaxfal aaaomc ae lie can toeji dill moue It it bad yolic ta aH- H isle 01 permitUng your nets ta tenk wtiT nat it in an faaUtntiaa tact pays you fanciest for the ot ass will iaaatre at tbe- UM AamdattoB tae roper to UTe tut the be will W met t e tdnpl 4at aacuU You lucraaia anetaber snob br uuxinf dr- aoait vt 8JI r MIV aatowt uedinr this abstdd ra wfa to naSa a special tt that b pot te 13888 tine or any aaabber 3888 Is a nrmartw in tbe Jkaaoct- atiana aceaaamod tf To tinier opceial depoatta iaonth or addttknal k ire men eoeaawr thrash they iaaj be The tarilateK aamdatkn paw ao far tie to- natannu are vaeetmd may be saannd up in Invaaf watda aO can as oftm aa yoa can set Ocpnatt wWi irttemt ash when the Fir Co Asaartathm from attracted aoBatantSl notice The na- nOfcd reputation of tt oSkeen ud tile dedaratiasi tint U 4HoJ4 be coa4e te4 oa ta- antoal plan preceat d an inna nahl M patronane Bf ry ana mo uoStetmtn to atoex SeneScent iottoeme of basjc R ha Ilea tfcat u a for aartan both of the welH Ml sod the poor the First AanctaUeB URMBt- aadvanUsts features unrxopOfd First CflfijKraiite Btiiifiiflg AssiciafiM Shares to It all ineunieH MONTHLY 38J SPECIAL f PAIDUP Oft 1325 TUrfrieMri Stfsi OFFICERS A B Jackson President- H 0 Wagner President- J Miller Secretory DIRECTORS S Thomas Brown W F Gibbons Goings Freeman H P Gilbert W A Dank Johnson John Fleming the greater the importance of depositing your savings where there can be no question as to SAFETY This companys BANKING DEPT will give your funds ab solute protection addition to paying you interest thereon t7Depcstts always robjert to dtecs subset 1414 F Street N W QEOctOE E FLEMING EMOX X OUt SaoRtary NOTICE MERCHANTS MECHANICS SAVINGS BANK 707 G Street Korthwest Are now offering a limited amount of their new CAPITAL STOCK FOR SALE INT LOTS OF NOT OVER 21 SHARES Charles G Gates Co TriNity BROADWAY NEW YORIC The WalaWfAuark New Yark- IU T BAfct CWo- Aflaatie City New Preach Lkk Sprier i laaVaa Washington Office Munsey Bldg TELEPHONES Malt 37937fll 7M Direct Private Wire Service The habit by opening an icrount with this As Ute 1ii it grows so will your Income ONE DOLLAR opens an account ETUndw government control same as national beaks Savings Bank JSSiJ 2 inier Ft on Savings Accounts interest on lipcking Accounts THE KICKMAM COMPANY Dealers in PRODUCE HOMEDRESSED POUL- TRY and FRESH EGGS Hotels diningrooms take notice LOUISIANA AVENUE OPERATIvE BUILDING ASSOCIATION stock thereof- F per t heed tae aft to Ie see it 8IDce or a a of- t made 1M roe and- y rated aDd Vice The Smaller Your Income in IKIti Union Trust Co J t t- i i t t- i Issue of t t i- I I J u f Cultivate aavIn CITIZENS SPECIAL- TIES and PHONB N 2i2 i I FIRST on Ibm asseY head I- To sho place with atone n yOu who ask rusts as eon Who bId CunnIng- ham 51DWARD LWAtE Fnddnit Gs 0 C C es 4054 SS C 544 4 4- t 4- i 4 a a a s I S C C SSS eeet ee3 B- Ill BanchOcoi RaLny B4die I 150 Ij < ¬ > ¬ + = = + + THE Ninth and F Streets NW Capital 1000000 Surplus 600000 This Company Under Act Congress aed fe 0ii5er the Supervision of the Comptroller oi the Currency qf tke UmBed States BANKING DEPARTMENT eacooragts pays in- terest on deposits subject io check Money loaned upon r approved real estate and security at the iowtst rates of interest S TRUST DEPARTMENT execute a trusts ads as Exact f and Administrator Treasurer and Re stmv to ft ntt asv and Trustee v V SAFEVEPOSIT DEPARTMENT rents safe foa and provides storage for silverware and raktabies ol H kinds m its FIRE and BURGLAR PROOF VAULTS REAL DEPARTMENT All real estate placed in charge of this company as Executor Trustee or Agent is managed by this department Renting repairing setting and insuring property and paying taxes e caref titty and promptly attended to by experienced meii in tbe eropioy ef p the company Idformatiob reiatuig to each department furnished upon a l- cation t J WASHINGTON I LOAN and TRUST COMPANY tI saving Dad I i I posit ESTATE I J I I > ¬ JOHN JOY 090X Tiiainl JOHN A SWOPS rise P SILlS SfKAK Stand Vkc P llMill- AXDKKW PARKKK MARRY G XXKK Aiaasrtnat Tanaawt BOYD TAYLOR J naUinl Tmasur Tre DIRECTORS CheSts s BaJhy A L Jtatbar Wit E lithe John R Cannorfy John M apr Jobs ead era Jr tt2git J T IIJ- eIIa 1 JIaIdIa- Jclm JIINBiIieal- 11i1ip Jlidabcn Martin Knapp lhert Wiboa J 3 DaiWsim Jag A A A A ISSUE OF STOCK AND SUAKKS UI Flit JdOiVW- iSuamilatluiai Sir the SM list at stack n- Aasedattaa ia aUBTfBi an doves Upaii awiatily i suet Sift cansbagB are vuA The EQCTTAULB aac strictly reveled ao4 vast t BMra f N years siaca its areaii- nttaa ebb BMimiitlsg hiMtaesg ncUMiK Its object aad isati aa a iimatl ca teamiia MMctattOR It IMS ataadfly ta- arcaanl in die sjasalin af sJauvbalderB and m tile lulusm af bniinor sad atm and Ins tile bu est itam af vraetieal HIp xad mecca both then aba wta m stack and t those who muil ay fir vneeRs- Fortbar taiWaMtaMi TT ba ccMMr I- atabed appttmttasj at tha sOlve BQUITABLK BUILDING WK F ST N W Joy Ibm 1njafciH Ellis Spear Vice Urasliant Gee W QMOfar Jd Vice Pi ajfia- lmak P ItMsiJt Stottarj- Mm Toy jt DIRHCTOItS It Pyle JM A IlMsrlHaH- i atx W Pirbet I A 1L LaibrsaX B nwra II Harries P B T ii K V Cofflk- Jne n Lanier lair life wsuraace policies a ri awn earl than tile aavjwe then We she bur poJWa aabject to Write for term most be seven years old The Harrison Realty CompnnTi 807 O STRKET NOKTHWBST EQUITABLE I COOPERATiVE nUltDIMG ASSOCIATION r id FOB lAY R T lilt YIS t tit pS at tile e 1r par east par ill the UTe to Jobs Ethos tin Frt Job We IQ leI orEs SUBSCt1TlO F lIST aii thsas 5 nedseil haunt am- mm saris mad se mid is apes Ant tea bans T OS ttKAlMJCT Itotl Bataa 0aW- MJDK EICHBUKBIMnEIC ftajit MMr A S WOtTM e TOX 2 J DAMLWUTOX A4dssay Qaialilt y 00 IeUf JI LtiL5flO UIIIIiIIIL J j I Omen John K lamer Wo A Means U D Mirk- WMSBB I Xewtam- Tbea W Sajres- Saaoel L PhflUpa X H Sins A S Worthington loel P w t Gone B II Henry K WIlaid isSa- flmos 3- JAIsspe Temlat Wsemr Trust Company Pays 4 per cent interest on Sav- ings and Time Deposits Open for deposit 2d 3d 17th and 18th until 5 oclock Saturday evenings 6 to 8 oclock The Safest investments Baacal rr onsibiMtT or lbs aUl i1fty- af awr iadrridaa or eorparatioB First sk af teat ajcrt m aMtw liberally neon m jjno t real n atr in tie Dav- Irfcl af CotaDhu eonttitote gZtttoa- wMataamU Tae we the oajly kind me maSs aad suppv to mTMton Tfcy hear krtcrrtt pasaMe eajit4aaiHlr tied b had ot m in anemia trim SGM and rmrard par and MaW ta Irene send fur booUet Coacarnbtg nd In e tHtt U Swarizell Hheem Hensey Co WARNER BUILDING 9tt F STUKaTT NORTHWEST Transmitted k BY CABLE Drafts issued direct on prin- cipal cities of the world Letters of Credit issued Exchange bought and sold Investments Collections made Stocks Bonds bought sold NATIONAL BANK Pa Ave opposite US Treasury O O Aetna Banking J 1222 F St r Me that do act frpeisd sport J I t the vale r pie meat per at r Loa t cI1 0 N Y NW Ibis tht I0ice a amy Sir 1OEt kIggs p I ¬ > < ¬ °