davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
New York Bank Statement.

NEW YORK. December 2O.-The state
ment Of the actual condition of clearing
house banks and trust companies for the
week shows that they hold SIT, 439, $50 re-
serve in excess of legal requirements
This is an increase of 81, ass, $50 from last
week.
Actual condition:
Loans, 81, S53, S43. 600; increase, S4,651 600.
Specie, 1921. 014O00; increase. s3,s4s, 900.
271 600.
Net deposits. 1892. 49, 600; increase,
S14. sos, coo.
Circulation, s44, 1865, 600; increase, s25s, 600
Banks cash reserve in vault, 1897,
$4,000.
Trust companies cash reserve in vault
$62 $50, 900.
Aggregate cash reserve, $500, 2O4, 600.
Excess lawful reserve, ST.. 439. $50: in
crease. 81, 459,05O.
Summary Of state banks and trust COM
panies in Greater New Yo k not included
in clearing house statement:
Loans, 5000, ZIG. 100; decrease, 81, 123, 600.
Specie. 500. 39S, 100: decrease, $495, 400.
Legal tenders, IS. LA, 500; decrease, 1852,
CO.,
Total deposits s597. 1es,sOo: decrease,
81 ,562, 900.
Trust companies reserve with clear
ing house members carrying % per cent
cash reserve SAT. $4,000.
Call money nominal; no loans.
Time loans easier; sixty days, 5a5ls;
ninety days, ): six months, 5.
Mercantile paper. 5&a6.
Sterling exchange steady; sixty days,
4.S1: demand, 4.S525.
Commercial bills, 4.SO1a
Bar silver. S.
Mexican dollars 445s.
Government bonds steady.
Railroad bonds strong.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
LOCAL FINANCIAL NEWS.

An advance from ia to 40 in the bid
for American Telephone and Telegraph
at the meeting of the local stock ex-
change today reflected to some extent the
course of the New York market with re-
gard to that security. None Of the stock
was offered
The trading today was confined to the
sales of $500 in bonds and twelve shares
of stock.
Capital Traction IS sold $500 at 107X
and Railway and Electric Is sold $1,000
at so and $1,000 at 1913. The closing
bid for the latter bonds was 79N. One
broker offered this price for any part of
$4,000 in the bonds.
Ten shares of Washington Gas stock
sold at S3s4 and two shares OF CONNER
cial National Bank stock brought 1851.
Announcement was made Of the decla-
ration of q semi-annual dividend Of per
cent payable January /, by the Bank Of
Commerce and Savings.
report on the amount Of business done
Dy the Mergenthaler Linotype Company
during the past two months in COMPARISON
with that transacted during the same PEI
ROD year ago shows a substantial in
crease. The net earnings during October
and November. 1912. were $464,OO The
net earnings during October and Novem-
Der, 1913, were $4,000.
The prediction was made today by the
president of one of the prominent finan-
cial institutions of the city that all of the
national banks and trust companies Of
washington will avail themselves of the
opportunity to enter the new federal
banking system to be provided by the new
currency law. 1t will be greatly to the
advantage Of the banks and trust COM
panies to enter the system, he said, and
he predicted that as soon as the local
bank officials become familiar with the
new law they will vote to affiliate.
1t was stated today that the various
banks and trust companies will enter the
new system individually, and action on
the part Of the Clearing House Associa-
ton will not be needed. None Of the bank
officials today would go on record as
saying positively that they would or
would not ally themselves with the new
system. Each declared he preferred to
wait to ascertain what changes, il any
viii be made by the conferees be-
fore making any definite statements.
The trust companies Of the District are
the only such institutions In the country
by the new law. The District
companies organized under the act of
October l, 1891, are made eligible to the
membership in the new system An
to the bill providing for their
membership places them on an equal
footing with the member banks
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
COTTON MARKETS.
NEW YORK.

NEW YORK, December 2O.-The cot
ton market broke into new low ground
Tor the movement this morning under
general and more or less excited selling
which was obviously inspired by the
census report showing 1923 COS bales
ginned to December 10. Local statis-
ucians claimed that this figure suggested
a crop considerably in excess of the
governments recent forecast, and after
opening easy at decline of IL to 20
points the market sold 30 to % points
net lower during the early trading This
break carried January cotton off to
L. or - per bale under the high price
touched just after the publication of the
governments crop estimate last week
There was good deal of realizing
b. recent sellers and some trade buy
ing on the decline. but the talk around
the ring well the early action of
prices indicated increased confidence in
the more optimistic view of the yield
Futures opened very easy: December.
y 30; January. 12.14; March, 1890; May
1889: July, 1888.
Futures closed steady: December,
30; January. 1872; March. 1920; May,
1s.1S; July. 1917.
Spot cotton-Quiet; middling. 1850;
gulf. 1885.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
Real Estate Transfers.

SlHEEI NOhIdW EST between
North Capitol and LIST streets-Carrie
Arnold to James H. Winslow, lot 80
square SIC; $1O
WALTER STREET SOUTHEAST be.
tween 18th and 18th streets-Green-
wood Jones ct ux to w. Wallace
Chiswell and Harry A. Kite, lot 2o9
square 1915; SO. W. Wallace CHS
we'll ct al. to Jack Pitts. same prop
erty; $fO
COLEMAN PARK-David ]. Kaufman
ct ux. to Union Trust Company trus-
tee. lot 8 and part lot 6: $40.
WHITNEY CLOSE-George Y. Worth
ington. jr., to Jacob S. Gruver, lot
81. square 3O37: $40.
SIXTEENTH STREET AND POTOMAC
AVENUE SOUTHEAST-Clarenc B.
Hight ct ux. to Mahlon II. Best, lot
90, square south Of 1901; $40.
MOUNT PLEASANT AND PLEASANT
PL4AINS-Henry Schaefer ct ux. to
John A. Dunmore, lot 90 block 4;
LB DROIT PARK-James W. Reisner
ct nx. to Thomas w. Turner, lot 90.
block 8; So
George G. Humphrey, lot. 43, square
NO. 1850 CoRcoRAN STREET NORTH
WEST-John B. Erwin to Louisa F.
Erwn. lot o. square 20s; $40;
between S and T streets-Willam A.
Hill ct uX. to Marion Butler, lot 1919,
square 1872 So
kALORAMA MISREPRESENTATION Butler
ct ux. to William A. Hill, lot %,
block II; $40
NOS. 1892 AND 1924 7TH STREET
NORTHWEST AND NO. 702 l.
STREET NEUTRALITY-SUSPICIOUS. II.
Becker ct al. to Leopold Baumgarten.
part original lots and 8. square 426;
$4,000. Leopold Baumgarten ct uX
to Harry Abramson. same property;
So
NOS. 23S AND 2Ss5s 18TH STREET
NOTWITHSTANDING r. Geiger ct
al. to Cora e. Geiger, lot 2l6. square
1915: $40.
NOS. 80 AND 24Oia 18TH STREET
SOUTHEAST-WiIliam f. Geiger ct
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
LONDON MARKET.

LONDON, December 2O.-Money and
discount rates Wee easier today. The
stock market was quiet but cheerful
Better Paris advices and the favorapIe
prospects of the American currency bill
and of the interstate commerce commas
sion granting increased freight rates in
duced mode. ate covering in which Ameri-
cans, kaffirs, Mexican rails and Canadian
Pacific were prominent. American shares
closed from unchanged to rs above parity
Closing Prices.
Consols for money. 71is: consols for
account, TN; Pennsylvania. 55X; Read
ing, S4h: Union Pacific, 1894; U. S. Steel
COS.
Bar silver steady, 26 13-16d Money
4a41s. Discount rates. short bills, per
cent; three months, 13-16a4N.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
al. to Cora f. Gaskins, lot 215, square

al. to Cora f. Gaskins, lot 215 square
1915; $40.
CITY VIEW HEIGHTS-The Ravenswood
Company ct al. to Il. Z. Mattingly,
lot &C. square 4472; $40.
WISCONSIN AVENUE PAKK-George
T. Smallwood ct ux. to Maude w.
Abraham. lot 2S, square 1863: $40.
NO. 757 9TH STREET SOUTHEAST
Charles White. jr.. ct al, trustees, TO
John r. Shelton. lot 3S, square SAT
S1,525.
NO. IT'S NAVY PLACE SOUTHEAST
Wilkes c. Prather ct al. to Mary A.
Harvey, lot 122, square SIS; SiO0.
Mary A. Harvey conveys sans prop
erty to Norman T.. Ryon; $40.
WHITEHAVEN-Jos l.. Ryon to Nor
man E. Ryon, lots l. and IL: $40.
Edith A. Ryon to Norman K. Ryon,
lots Z, 8 and 9; So
PETWORTH-J. Milton Jester to Henry
c. Yates. lot 81. square 20; $40.
rRINCETON HEIGMTS-KennedyB Bros.
to John III. and Grace NJ. Cochran.
lot 2O3, square 3031; SO.
NO. SD d STREET NORTHEAST
Martha A. Baker to Albert ]. Wade.
lot RI, square south of 915: SO.
BURRVILLE-Clarenc A. Dillon ct ux.
to Thomas c. Smith. lot 66. block
6. section 3: $40.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
BALTIMORE.
Special Dispatch to The Star.

BALTIMORE, December 2O.-Wheat-
Steady; spot No. red. $685. spot No. 2
red western, 95$; December No. red,
95a4; January No. red. 90: February
No. 2 red, 97&; steamer No. red, 90as;
receipts, 1896 bushels.
Corn-Quiet; year. 69A; January, 60;
receipts. 3S,978 bushels; new southern
white corn. 67a69h; new southern yell
low corn, 66a6S.
Oats-Quiet; standard white, 44xa
44A; No 8 white, HAHN; receipts,
1850 bushels.
Rye-Steady: No. western export
641sa65; No. western domestic, 68a69:
receipts, 1,O95 bushels.
Hay-Easier; No. I timothy, 1880 ask
ed: No. 1 clover, mixed, 16.5Oa17.OO
Grain freights-Quiet; steam to Liver
pool, per bushel. unchanged; Cork for
orders, per quarter, unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
NEW ORLEANS.

NEW ORLEANS, December 2o.-Cotton
futures opened steady at decline of II
20 u points on the large ginning returns
in the report issued by the census bu-
reau. The total of 1929 zoe bales ginned
prior to December II was over 100 600
bales larger than generally expected. and
caused a selling wave as soon as the mar
ket opened Bears claimed that the large
amount of cotton already ginned was
proof positive that the government under
estimated the crop in it's recent estimate
on the other hand the bulls contended
that ginning was heavy because weather
conditions were favorable.
The market continued 10 fall after the
call. and at the end of the first half hour
Of business stood II to % points under
yesterday S close
Futures opened as follows: December.
1243; January. 12.49a12 80: March, 1854:
May. 1214a12.13; July, 1910.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
CHICAGO LIVE STOCK.

CHICAGO, December 2O.-Hogs-Re-
ceipts, 1900 head; slow; bulk of sales
i.J0a7.7e; light, 7.30a7.65; mixed, 7.4Oa7. "a; ;
heavy. 7.4Oa775; rough, 7.40a7.7O; pigs,
G.2Ja7.6O.
Cattle - Receipts, 400 head; steady:
beeves. 6.60a9.75 Texas steers, 6.t0a7 so;
stockers and feeders, 49Oa7.35; cows and
heiters, 3.3Oas. $40; calves. 7.Ova10.5O.
Sheep-Receipts, 1000 head; slow: ma
tive. +.25a5.J0; yearlings, 5. 4Oa6.JO; lambs
native, 625a7.70.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
ARMY-NAW.
Army Orders.

Col. CHARLES r. Noyes. 18th Infantry,
is relieved from that regiment.
Col. Frank B. Mccoy, infantry, is as
signed to the 18th Infantry.
By direction Of the President and upon
the application Of First Sergt. Robert J.
Napier, Troop B. 7th Cavalry, that
soldier will be placed upon the retired
list.
First Lieut. Hugh G. VOORHEES,, dental
surgeon, is relieved from duty with the
Second Division and will return to hi
pi oper station, Fort Leavenworth, Kans.
The resignation by First Lieut.. Josiah
H. Holland Medical Corps, has been ac-
copied by the President, to take effect
March /, 1914.
Capt. Allan L. Briggs, Goth Infantry,
is relieved from that regiment
Capt. Claude E. Brigham, Coast Artil-
lery Corps, Is relieved from his present
duties and will report at Fort Monroe,
Va. for duty as an instructor at tina
school.
Second Lieut.. Harry w. Stovall, Coast
Artillery Corps, is relieved from the
31st Company and will report to the
commanding officer, coast defenses of the
Cape Fear. for duty.
The following named infantry officers
have been promoted: Col. Francis J..
Herman, Lieut.. Col. William M. Wright,
Maj. E. A. Shuttleworth and Capt. Frank
H Adams, all unassigned: Capt. George
-
Lieut.. John s. Sullivan. unassigned, and
First Lieut.. D. c. G.. Garrison, to the
Goth Infantry.
Naval Orders.
Lieut.. c. A. Richards, from the Wheel
ing to treatment Naval Hospital, Norfolk,
Va.
Ensign H. T. Bartlett, from the Connec-
ticut to the Dolphin.
Chief Carpenter j. NJ. Simms, from
navy yard, Norfolk, Va, to West Vir-
ginia.
Naval Movements.
The Delaware has arrived at Hampton
roads, the Cassin at Dry Tortugas. the
Orion at Sewall point and the Jason at
Hampton roads.
The Chester has sailed from Tampico
for Vera Cruz, the Potomac from Cristo-
bal for Norfolk via Guantanamo, the
Lebanon from Iona Island for Norfolk
the Dolphin from santo Domingo city for
Port au Prince and Santiago de Cuba, the
Raleigh from Mazatlan for San Bias, the
Annapolis from Mazatlan for Acapulco,
the Nereus from Lynn Haven bay for
Vera Cruz, the Eagle from Gonaives for
Guantanamo, the Duncan from Key West
for Dry Tortugas, the Iroquois for San
Diego and the Pittsburgh from Mazat-
Ian for Topobolampo
Marine Corps Orders.
Lieut.. Col. T. p. Kane. from marine
barracks, Boston, to Army Service
Schools. Fort Leavenworth.
Maj c. S. Hill, from marine barracks.
Mare Island, to Army Service Schools,
Fort Leavenworth.
Maj. r. c. Berkeley, to ID Advance
Base Regiment
Capt. f. c.. Lander and First Lieut. C.
r. Meyer. from Philippines to hospital,
Mare Island.
First Lieut.. A. M. Sumner, resignation
accepted, to take effect January 1, 1914
First Lieut.. r.. d. Barber and Second
Lieut.. u. M. Gardener, jr., from Phil
ippines to United States.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
LIVERPOOL.

LIVERPOOL, December 2o-totton-
Spot quiet: prices steady: middling fair
I.61. good middling 80: m!ddling. 7.0s:
low midding, 6.Si. good ordinary. 6Is:
ordinary, 5.s4- Sales. 1000 bales incIud-
ing 300 American and 1000 for snecu-
iation and export. Receipts, 1900 bales
including 1880 American. Futures closed
quiet; December. 6.7J: December and Ian
uary, 6.I4i2: January and February,
6.161s: February and March, s ISL; March
and April. 6.Soi2; April and Nav. 6 79IS
May and June, 6.19; June and July
6I6ls: July and August GA; August and
September, &c.; September and October
641; October and November, 631: No
vember and December, 6.26i2; December
and January, 6251e; January and Febru-
airy, 6.2jia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
GRAIN AND PROVISIONS.
CHICAGO.

CHICAGO. December 20.-Although
wheat today started easier, the market
later advanced. Bullish estimates on
the Argentine exportable surplus
formed an element of strength and
there were predictions of d falling off
in the United States visible supply.
Weakness at the outset was the result
of lower cables. Prices opened a shade
to saA off. but the ensuing rally car
ried the market above last nights level
all around.
Forecast of a cold wave strengthened
corn 1t was expected that better de-
mand based on increased feeding would
be a consequence. The opening was Is
to i5ass higher, and there was sub
seQuent further Tightening of values.
Bulls had control of oats. Oner1ngs
were decidedly meager.
Provisions suffered depression owing
to the fact that hog receipts for the
week were the largest In 1--WE years.
First sales ranged from the same as
last night to 21a lower, with much
more pronounced sag later.
Butter-Unchanged.
Eggs-Higher; receipts, 500 cases; at
mark cases included, 2oa31; ordinary
firsts, 2Sa29; firsts, 81
Cheese-Unehanged
Observation-Disclosures receipts II
cars.
Assertions that Canadian wheat would
be made free in January brought about
a setback In wheat. The close was weak,
Il TO II under last night.
Smallness Of shipments from here COM
pared with receipts led to an easier feel
ing later on. The close in corn was
steady, a shade to Is net lower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
Building Permits.

Building permits were issued today
to the following:
Harry Wardman, to build dwellings
at 2429 to 2437 Ontario road northwest:
architects, i. II. White & Co.: builder.
Harry Wardman; estimated cost,
S15,0
Harry A. Kite. to build dwellings, at
12i1 TO 1858 Walter street southeast;
architect, A. IL. Landvoigt; builder, H
A. Kite; estimated cost, $1,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
WEATHER..
Cloudy Tonight and Sunday, Prob
ably Rain Sunday: Warmer.

For the District Of Columbia and Mary
land, cloudy tonight and Sunday. prob
ably rain Sunday: warmer tonight; light
south winds.
The western storm has advanced to the
Mississippi valley and during the last
twenty-four hours 1t was attended by
SHOWS in the upper lake region. the ex-
treme upper Mississippi valley, the plains
states and the Rocky mountain region
and rains in the middle Mississippi val
ley. 1t Is being followed by rising pres
sure and decidedly colder weather in the
plains states and the Rocky mountain re-
gion. In addition to the precipitation
caused by the western storm. local rains
fell in the southeastern states and Call
fornia.
Temperatures have risen generally east
Of the Mississippi river.
The indications are that the weather
will be unsettled tonight and Sunday east
Of the Mississippi river. with rains and
SHOWS in northern and rains In southern
states.
Temperature will rise tonight in the
Atlantic states, and 1t will fall tonight
and Sunday in the Mississippi valley and
the upper lake region and Sunday in the
lower lake region. the Ohio valley and the
east gulf states.
The winds along the New England coast
will be moderate south and southwest: on
the middle Atlantic coast moderate south
and southeast; on the south Atlantic and
east gulf coasts light to moderate va
riable winds.
Records for Twenty-Four Hours.
The following were the readings OF the
thermometer and barometer at the wealth
er bureau for the twenty-four hours be
ginning at pm. yesterday:
Observation-Disclosures 4 pm, 10;
pm, "a: II midnight. 30; today. 4 am.
20; 8 am, &c; IL noon, 81; pm, 43
Maximum. 43, at pm. today; minimum
26. at 8 am. today.
Temperature same date last year-Maxi
mum, SO: minimum, 81.
Observation-Disclosures pm, 3O.1S; {
pm, 80. IS: Il midnight, 1912: today, 4
a. M, 5000: 8 an, 1907; Il noon, 5000
2 pm, 1896.
Tide Tables.
Today-Low tide 7:35 am and s:11
pm; high tide, 1853 am. and :33 pm.
Tomo' row-LoW tide, $50 am. and 9:14
pm; high tide, :58 am. and 2:30 pm.
The Sun and Moon.
Today-Sun rose, 7:16 am; sun SETS
4:42 pm.
Tomorrow-Sun rises, 7:15 q. m.
Moon rises, 1922 pm.
Weather in Various Cities.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
FOREIGN BOURSES.

BERLIN, December 20-The bourse
opened firmer today on better New York
adyices. The trading was limited and
the market closed quiet.
Exchange on London, 20 marks 4913
pfennigs.
PARIS. December 2D.-Prices moved ir-
regularly on the bourse today
Rentes, So francs Az. centimes.
Exchange on London, % francs.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
NEW YORK LIVE STOCK.

NEW YORK, December 2o.-Beeves-
Receipts, 800 head; feeling steady;
dressed. 12a13k.
Calyes-Receipts, loo head; dull; Ohio,
Sa11.50; fed. q; dressed, 14a1sls.
Sheep-Receipts. 1000 head; feeling
ST cady; lambs, a7.62i4.
Hogs-Receipts, 5000 head; feeling
steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
NEW YORK CURB PRICES.

Quotations furnished by w. 3. Hibbs & Co.,
members New York Stock Exchange.
Open. High Low. Close.
Braden Copper $50. rs rs rs rs
British Col. Copper.
Girouy Copper - y Is q x
Manhattan Transit. L 11-16 11.i6 1s 1as
Nevada Hills ....... .45 40 40 40
Nipssng Mines Co.. rs rs rs rs
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
LIVERPOOL.

LIVERPOOL, December 20.-Wheat-
Spot easier: No. Manitoba. Is I'D; No. .,
Is lI4d; No. 2, Is 10Ad: futures dull;
March, as I'd; May. rs 1$sd.
Corr-Spot quiet: American mixed
6s sd; La Plata futures steady; January,
5s I'D; February, IS 2hd.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20

Frank p. Brewer. cashier of the First
National Bank of Mercersburg, Nd, CON-
mitted suicide Friday in his bedroom by
slashing his neck with a razor and open
ing the veins in both wrists.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
NEW YORK STOCK MARKET.

Furnished by W. B. Hibbs & Co..
bankers and brokers, Hibbs building,
members New York Stock Exchange,
Washington Stock Exchange and Chi
cago Board of Trade
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
NEW YORK.

NEW YORK, December Colour dull
Private reports of rain in the Argentine
and small Winnipeg receipts served to
hold wheat steady today. May, 9eh4a9S4s.
Pork-Steady. Beef-Steady. Lard
Quiet. middle west. 10.7Oa10.S0. Petro-
Ieum-Steady. Molasses-Firm- Hay
Quiet Hides--Steady. Leather-Flrm.
Raw sugar-Unsettled; muscavado, 20
aa.13; centrifugal. 3.o0a3.23: molasses,
=. 45a2. As; refined. quiet.
Coffee-Rio No. Z. 9t2; futures firm;
March, 90; May, 9.13.
Butter-Barely steady; receipts, 1850
tubs; process. extras. 24a2o.
Cheese-Firm and unchanged; receipts,
1.,7 boxes; weekly exports. 4,Oi5 boxes.
Eggs-Unsettled; receipts, 1852 cases;
fresh gathered, extras, 3oa36; extra
firsts, 54a3ii2. state, PENNSYLVANIA and
nearby hennery. browns, 35a36; do. gath
cred browns and mixed colors, 33a3llc.
Live poultry-Dull and weak; western
chickens, 13l2; fowls, 10; turkeys is.
Dressed. firm; fresh killed western ci..ck-
ems 13ao3: fowls, 12a19; turkeys, 1Sa2J.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
Washington Stock Exchange.

Sales-Regular call. IL o'clock noon:
Capital Traction IS. $500 at 1O7Z
washington Railway and Electric A. $1,000
II ~. 81 900 at 7J7s, 81 600 at 79N.
Washington Gas, 10 at S3L.
Commercial National Bank at 1871
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
HEAVY0FFER|NCS
ABSORBED EASILY
Markets Capacity Today Put
to Test When Sellers
Utilize Rise.
CLOSING is STRONG,
WITH PRICES NEAR TOP
Sentiment Is Hopeful, and Bidding
for Stocks Is Keen-American
Telephone Features.

NEW YORK, December 20-American
Telephone rose buoyantly at the opening
today on the announcement from Wash
ington OF teh agreement for dissolution of
the merger with Western Union.
On the first few sales 1t rose to 124A, an
advance of points. Western Union rose
a point.
The whole list was strong and active
Gains of l TO 8 points were made by a
large number of representative stocks.
Speculation for the rise slowed up a bit
when the violent jump in American TeIe-
phone invited hasty realizing, which low
cred it s points
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
Reach Higher Levels.

Buying broke out again after a brief
period of hesitation. and prices-American
Telephone eXcepted-reached higher levels
than before.
American Sugar rose points and Mac
kay preferred 3.
The market closed strong
Force was added to Yesterdays yigor-
Gus rally by overnight news of the pas
sage by the Senate of the currency bill
and announcement of the telephone dis
solution agreement The exhibition of
pronounced strength bore out recent as
sertions that the market had been specu-
latively sold out.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
Compete With Real BUYERS.

Sentiment was hopeful and there was
Keen bidding for stocks in which the
shorts came into active competition with
the real buyers.
The absorptive capacity of the market
was put to a test when the rise was
Utilized for the unloading of large
amounts OF stocks. but these offerings
We're absorbed easily
\ slump OF five points in Western Union
ana Il setback III the telephone shares
checked the upward movement toward
the end, but there was little sympathetic
recession and the close was near the
top.