davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
WHEAT SCORES GAINS
IN TODAY'S DEALINGS
Warm Weather Spreading From
Pacific Northwest Bodies III
for Spring Crops.
By the Associated Press.


CHICAGO; July 23.-Wheat dis
played an early upward trend today.
Liverpool quotations were strong, and
high temperatures in the Pacific
Northwest suggested spread east
ward that BODIED i'll for the Spring
crop. Starting at Ac to &c higher.
Chicago wheat scored a slight further
advance and then reacted somewhat.
Corn, oats and provisions were like
wise firm, corn opening unchanged to
half cent up, and subsequently show
ing gains all around.
With Spring wheat crop prospects
Northwest depending to an unusual
extent on weather developments and
with transatlantic prices rising, the
wheat market here proved sensitive
today to indications that black rust
might receive a sudden impetus from
chances of higher temperatures COM
ing Eastward over the Rockies. Win
nipeg wired, however, that weather
today on the Canadian Prairies, al
though warm was clear and not con-
sidered likely to promote rust.
Nevertheless, black rust in Mani
toba was said to be making Roadway.
despite weather being against its de-
velopment. According to advices at
hand black rust is general in South.
eastern Saskatchewan as throughout
practically all of Manitoba, where 1t
is gradually injecting upper stems, an
undoubted danger stage.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
PRICES co HIGHER
IN COTTON MARKET
Fear of Weevil Damage and
UnfavorabIe Weather Out
look Are Factors.
By the Associated Press.

By the Associated Press.
NEW YORK, July 23-The cotton
market opened firm today at 10 to II
days buying movement. Liverpool
did not quite meet the local advance
of yesterday afternoon. but sentiment
seemed to be dominated by the un-
favorable view of weather conditions
and increasing apprehensions of
weevil damage.
Stop orders were uncovered on the
advance into new high ground for
the season. October selling up to 1895
and January to 1926 or about Is to
IL points net higher. Business which
was active at the start, tapered off
somewhat after the more urgent buy
ing orders had been executed but the
market showed reactions of only 4 or
points at the end Of the first hour.
New Orleans Market.
NEW ORLEANS, July % CP.-Re-
ports of showers in all States in the
belt carried October up to 1888 and
December to 1907, which established
new highs for the season on the local
cotton market today. The advance
was Of short duration, however, for
the rise attracted profit-taking, which,
aided by the official forecast for fair
and cooler weather in the East over
Sunday, resulted in slump of to Z
points below the highs. The opening
was steady, despite that Liverpool
was lower than due, and first trades
showed gains of to 8 points.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
Wall Street Briefs

NEW YORK, July % CR.-Marked
Improvement in earnings of the Erie
Railroad is reflected in the report for
the half year, showing surplus of
$937,155 after charges, in contrast 20
deficit of $4,000 in the correspond.
ing period of 1926. The figures for
June. however, were smaller than a
year ago. gross revenues declining
about $4,000 and surplus after
charges to $410,5S8 from $S04.2S6 in
June last year.
Net profit of the Kelly-Springfield
Tire Co. for the half year was $945,.
34S, equal, after preferred dividends,
to SLIP share on the common stock
Recent reduction of IS cents a ton
on No. 2 foundry pig iron prices by
Alabama furnaces to S17.25 has not
resulted in a great amount of new
business, says Iron Trade Review.
No marked demand for silvery iron is
expected until automobile makers
swing into active new model produc-
ton in the next few months. Demand
for strip steel. both cold and rolled,
is more pronounced, although the bulk
Of automobile buying still is being
deferred.
Net income of Corn Products Rein.
Ing Co. for the half year was S..
552,267. equal after preferred divi.
dends to $1.S5 share on the COM
mon, against 41,181, or $3.50 a
share. in the first half of 1926.
Automobile companies generally will
do better business in the last six
months this year than is usual at
that time, in the opinion of Russell
Gardner, president of Gardner Motor
Co, owing to the fact that crops have
been slow and buying by farmers dur.
ing the usual season has been smaller
than In previous years. The company
has discontinued 6-cylinder cars, he
said, and was concentrating on S-cyl-
inder series.
A deficit of $1,739,930 after interest
is reported by the Minneapolis, st.
Paule & Saulte Ste. Marie Railway.
including the Wisconsin Central, for
the first half of 1927.
Penn.Ohio Edison Co. and subsidi.
aries report a surplus balance of g..
1S1,143 for the year ended June 80,
an increase of SO per cent over the
preceding year. Gross revenues of
$13,281, 426 were IL per cent larger.
Net profit of Ward Baking Corpora.
ton for Is weeks ended July 9 was
1.484.908, equal to $1.06 a share on
the "B" common, after preferred and
"a" common dividends. compared with
$1,313,585, or 80 cents a share on the
"B" common in the corresponding Pc
riOd last wear,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
RISE IS RESUMED
|NSTOCK MARKET
Early Realizing Sales Are
Absorbed and Shares
Start Upward Again.
BY GEORGE T. HUGHES.

special DISpatch TO Inc star.
NEW YORK, July 23.-For the
greater part of todays brief session
the stock market was called upon to
absorb rather general realizing sales
While these were by no means heavy
they had the effect of carrying the
leaders of the list, recently prominent
In the upward movement, below yes
terday's closing quotations. But
when II became evident that the
openings represented the taking down
of speculative profits and was bring.
ing out no real liquidation. operations
for the rise got under way again.
General Motors, which had been the
outstanding feature throughout the
past week, assumed leadership. Cross
ing 217, il was carried forward to a
new high for the year. The special
opera ton kept on in Chrysler Motor.
When profit taking was heaviest this
issue proved an exception to the gen
eral tendnecy. Opening on block OF
10000 shares at SIS, il established a
new top for 1917 and subsequently
crossed the 50 level.
Interest centered in the motor
stocks, which were thought to be in
the best position to respond to a con-
tinued demand. Hudson, in which
good sized short interest was thought
10 exist, was in urgent demand, and
the lower.priced members of the group
showed Improvement.
The equipments moved with a good
deal of indecision. Baldwin Locomo-
tive rallied back over all the ground
lost early in the session. but the de-
mand from the short interest was not
as persistent. General Railway Signal
continued to be influenced by the re-
cent statement concerning what the
first half year operations will show,
while the new American Brake Shoe
shares went forward into new high
ground. Pressed Steel Car was brought
to the front and bid up rather sharply
on belief that it had not shared to the
extent of others in the recent improve
ment.
The better tone to the steel trade
reviews was reflected in a further
demand for United States Steel, Cruel
bic and one or two other independents.
The rise into new high ground in
Case Threshing Machine following the
II point advance yesterday revived
rumors Of a EQUALIZATION plan
whereby sfareowners are to benefit
through a substantial distribution in
stock although nothing official along
this line so far has been forthcoming.
The high prices of the day were
reached just before the close. Copper
shares became increasingly promi-
nent with Calumet & Arizona and
Greene Cananea at their best for the
year. Heavy short covering came
into Houston Oil, carrying it back
over most of the ground lost Friday.
General Motors crossed 21S. Declar-
alton of the regular quarterly per
cent prior preference dividend on Vir-
GINA Carolina Chemical stimulated
activity in the common stock, which
went to new top for 1927. The close
was strong.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
WOOL TRADE ACTIVE.

BOSTON, July % (SpeciaD.-The
combing classes Of the three finer
grades Of fleeces showed a broad ac-
tivity today. While in the clothing
class half bloods and medium grades
sell readily, fine clothing fleece woods
have sold slowly. Very choice Ohio
three.quarter blood SIS sold at 441A
in the grease, while the bulk Is sell
ing on the high side Of a range of
43 to A. Michigan t1eeces sell on the
low side Of this range and slightly
lower. Clean territory wool from
wyoming and Montana is beginning
to sell at an estimated clean basis Of
10 and a fraction higher for the
average woods.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
EVERYMAN'S
INVESTMENTS
Puzzle for Small Investor.
BY GEORGE T. HUGHES.

One of the puzzles that is most diff
ficult for the small investor to solve
concerns stocks of companies in the
process of reorganization. Take, for
instance, the case of a railroad in re-
ownership. The investor may have
purchased the shares years ago, when
they had high investment rating.
and with no thought of speculation.
AS time passed on, however, the road
in question experienced a loss in traf-
fic. which was eventually reflected in
lower earnings, gross and net.
The margin for dividends became
smaller and finally dividends were
omitted altogether. Matters went from
bad to worse until bond interest could
no longer be met and the courts We're
appealed to with the result that re-
ceivers took charge. Meanwhile the
market price of the stock was steadily
declining. The next step was the
drawing up of a plan of reorganization
by the bankers, including a scaling
down of interest charges and an as
sessment upon the stock to provide
new capital. The question then be-
came whether or not to pay the as
Sessment or to sell the stock. OF
course, it would have been better if
the stock had been sold long before,
but that was not done in the cases
we are discussing.
Now the situation the investor has
to face under these circumstances is
that his stock has now become a spec
ulation pure and simple. His original
intention in buying the stock does not
matter at all. He must determine
whether to continue to hold his shares,
in which case he is specializing, or
whether to sell them out and use the
proceeds to purchase an investment
security. That Is a personal problem
that no one but himself can decide
Even If the stakeholder is able to as.
sumo speculative risk, 1t does not fol.
low that the stock he now holds Is the
most desirable speculation. He might
be able to use the money in some
other stock with better chance of
recovering part at least Of his prin-
cipal.
The investment advisor hesitates to
tell such a shareholder to dispose of
his holdings at the market. because
there is always possibility of an ad-
vance in price. On the other hand,
he knows that In most cases an in
weston so i'll informed that he held
on to this stock while the company
was plainly headed for disaster ought
not to speculate in any way.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
Wall Street Features
New High Prices.

NEW YORK, July % (SpeciaD.-
Among the investment stocks to reach
new high prices for the year this
week were Eastman Kodak, American
Tobacco, Atchison, General Motors,
Great Northern, Montana Power,
Brooklyn Edison, Northern Pacific,
General Electric and Southern Pacific.
In addition there were quite a mum.
Der of speculative industrial shares
which worked up into a new price
area, including Chrysler, Lorillard, ].
I. Case, Allied Chemical, Sears.R Roe
buck and Thinker Roller Bearing.
LoriIlard Common Stock.
The price Of Lorillard common stock
has nearly doubled since the dividend
was passed last month. The stock
has apparently been worth more with
the dividend off than with 1t on. There
is good deal Of mystery in the move
ment that has carried Lorillard up
from around 80 to about AZ. While
it is expected that the compaign to
put over the company's new brand Of
cigarette eventually will be successful
it will involve a period of many
months with nothing showing for the
common meanwhile.
Marland Oil Shares.
Marland Oil had very poor half
year. The net loss amounted to ST.
926. 1908, compared with net profit
in the same period Of 1925 of ST..
851. 900. The June quarter. while
showing gross off about one-third. in.
Dictated that expenses had been re.
duced in even larger proportion and
with the dividend now passed and the
Ia etkTS IL INtt
justed. the company may be able to
carry along on an even basis for the
remainder of 1927. There Is a feeling
that the oil stocks have about reached
their low level, even though trade
profits are small,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
Baltimore Markets

BALTIMORE, July % Especially
New Potatoes-Bushel, 1.20a1.25; bar.
rel, 1.50a3.25; beans. bushel. LOCALES;
beets, 100, 2.o0a3.00; cabbage. 100.
3.00a6.00; carrots, 100, 3.00a4.00; eel.
cry, crate, 4.00a4.50; corn, dozen, goa
20; field corn. dozen, 15a25; cucumbers,
basket. 75a90; elephants, crate, 4.00a
500; lettuce. bushel.. 50a1.00; lima
beans, busf1el, 3.00aS.50; onions. bushel
75a1.25: peppers. bushel, 1.25a1.75i
peas. bushel, 1.25a1.75; squash. basket
4oa50; tomatoes. basket, 1.o0a2.5Oi
green, 50a1.50.
Apples ~ Basket, 1.25a2.25; canta'
loupes. crate. 1.25a4.00; blackberres,
quart, 10a15; cherries, basket, coal. 90;
huckleberries, quart, 20a25: peaches.
basket, 65a1.00: pineapples, crate, 800
Assoc: raspberries, pint, 15a20; melons.
each, 20a60.
Hay and Grain Prices.
wheat-No. 2 red Winter. domestic,
spot, 1.4S; No. 2 red Winter, garlicky,
spot, 1.4oA; No. 8, garlicky, spot,
1.37%.
Corn-Domestic, No. 2. yellow. 1.2Oa
1.21; No. 2 spot, no quotations; No. 8,
no quotations; cob corn, old, $50,
nominal.
oats-No. 2. new, So per bushel;
No. 3, 541aa55.
Rye-Bag lots, nearby, 1.1oa1.15 per
busheI.
Hay-Receipts. 80 tons. With the
approach of the season for new hay
demand for old hay is limited, with
prices generally in buyers favor. Fair
to good timothy is selling at a range
Of 16.00a20.00 per ton, as to quality
and condition, and lower grades from
14.00a15.00. Clover-mixed hay is
bringing about the same prices.
Straw-No. wheat, 13.00a14.00;
No. / oat, 13.00a14.00.
Dairy Farm Products.
Live poultry-Spring chicken, pound
25a34' Leghorns, 20a27; old hens, goa
Is: Leghorns, 17a1S: old ROSTERS, 14a
16; ducks, 20a22; small and poor, 15a
is; pigeons, pair. 20a30.
Eggs-Receipts. 1888 cases; native
and nearby firsts, in free cases, dozen
23k224.
Butter-Good to fancy, creamery
pound, 39a43; prints. 43a45; block, AGA
"a; ladies'. 31a33; rolls, 3Oa32; store
packed, 80; dairy prints, 30aS2; process
butter, SO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
SEES PROSPERITY.

NEW YORK, July % @.-Ralph
Budd, president of the Great Northern
Railroad, sees abundant prosperity for
the Northwest this year. Farmers
generally are optimistic. There is no
appreciate rust damage anywhere.
The condition Of Spring wheat fields
in Minnesota, the Dakotas and East.
ern Montana Is excellent and Winter
wheat sections further West are now
being harvested. The largest crop In
the history Of Montana is expected
from that State this year. The signi-
ficant fact of this years agricultural
prosperity is the fact there will not
be large crop to handle, but there
also will be increased purchasing
power of the farmer"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
MERGER NOT FAVORED.

NEW YORK, July % LP).-Adrian
D. Joyce, president Of the Glidden Co.,
asserts neither Congoleum Co. nor
Beaverboard Products Co. ever has
approached the company with mer-
ger proposition. Tentative proposals
recently were submitted by two en-
tirely different groups interested in
putting together several concerns in
a merger, he said, but these offers
were so out of line with the real value
Of Glidden common stock they were
not submitted to stockholders. "Di-
rectors of Glidden Co. feel that moth
ing would be gained by merger with
other interests"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
GETS STEEL ORDER.

BALTIMORE, July % (SpeciaD.-
The Bethlehem Steel Corporation has
received from the Norfolk & Western
Railway an order for 10000 tons of
steel rails, most of which probably
will be rolled at the Sparrows Point
plant, 1t was announced yesterday.
Rail mills look forward to the placing
of heavy orders for tonnage between
now end Autumn.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
Markets at a Glance

NEW YORK Hp.-Chrysler and
General Motors at new highs. Bonds
steady: French issues firm. Foreign
exchanges mixed; Japanese yen drop
below AZ cents. Cotton barely steady;
favorable weather forecast. Sugar and
coffee holiday.
CHICAGO-Wheat easy: prediction
better weather. Corn lower; commits.
sion house selling. Cattle steady.
Hogs steady,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
NEW YORK MARKETS.

NEW YORK, July % (P).-Rye,
Arm; No. 2 Western, 113A fob. New
York. and 112 elf. export. Barley,
firm; mailing, 90% elf. New York.s
lake and rail. Lard. easy: Middle
West, 12.90a13.00. Wheat futures
opened steady; domestic September,
142H. Other articles unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
UTILITIES PROFITS.

BERLIN. July % R.-Germany'
profits from the operation Of posts,
telegraphs and telephones for the ifs.
cal year ending March 81 amounted to
125, 100000 marks approximately $780,
000,000l out OF a gross revenue of
1,700, 900, 900 marks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23

NEW YORK, July % CP.-General
activities in the electrical industry
continue on a steady basis through
out the country and the outlook for
business in the second half Of the
year is regarded as favorable, Elec-
trical World reports. Industrial heat
ing equipment sales have been prom.
inent in the New England market.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
EARNINGS ARE SMALLER.

NEW YORK. July % UP.-Wick.
wire Spencer Steel Co. reports net
earnings Of $526,134 for the first half
or 1927 before bond interest and de.
probation. against $s69,194 in the first
half OF 1926. After deduction Of fixed
charges, but before depreciation, there
was a loss Of $302,336.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
DEFICIT Is LARGER.

NEW YORK, July % R).-The
New York, Ontario & Western had a
deficit of $570,312 for the first half
Of 1927, against a deficit of $l7O,927
IA the first half Of 1925.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
POTATO MARKET DULL.

CHICAGO, July % tP).-Potatoes-
Receipts, "a; on track. 232; total United
States shipments, 1,071 cars: trading
slow; market dull. Virginia barrel
Irish cobblers, 3.75a3.90; Kansas and
Missouri sacked Irish cobblers. 1.65
a1S5.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
BUSINESS LIVELY.

NEW YORK, July % CP).-Pitts.
burgh Plate Mills report slight i'm
provement in specifications against
contracts, says Daily Metal Trade.
BUSINESS is now coming in at fairly
lively rate. Firmness Of the sheet
market continues unbroken.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
RUBBER QUOTATIONS.

NEW YORK. July 20 (SpeciaD.--.
Crude rubber fell of slightly. with
quotations for ribbed smoked sheets
UP to noon, ssh, as compared with
s7M last month and II last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23

Dividend rates as given in the above table
are the annual cash payments based on the
IIatest quarterly or half yearly declarations
bends are not included ~
- Unit Of trading less than 100 shares.
Partly extra Plus % In stock. Pay.
able. In common stock : Plus 1850 in
stock Paid this year--no regular rate.
2h 90 quarterly c Plus 81 In stock. d Pay.
able when earned Q PAYABLE in cash or
stock Plus lQTs In stock. Plus 1850
share In stock b Plus 81 a share In special
stock Plus so In stock Plus 81 10
stock; PAYABLE 1/4O Of share quarterly
in Class A stock. N Plus SO In stock
Partly stock Plus SO in preferred stock.
q Plus one-half OF common stock
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
COTTON GOODS QUIET.

NEW YORK. July 20 (speciaD;-
Markets for cotton cloths were quiet
and unchanged with 64x6Ss at 75s. and
6sx72s at So.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
SILVER QUOTATIONS.

NEW YORK, July 20 R.-Bar
silver. 56A; Mexican dollars, 43.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23

American agricultural exhibits were
shown at the Brussels exposition this
ynar. sf.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23

! 80 - 49, W SNAh -
Bush Term (bS)
Butte Cop $500.
Butte&Super(2)
Butterick (g2)..
Dyer g. Co.
Calf Packg(4)..
Calf PetroI(2)..
| Calumet & Ar(6)
| Calu & Hecla 80
| Canada Dry 80.
| Can Pacific (lO).
| Case Threshg(6)
Cent Alloy (2)..
| Cerro dePastt5)
| Certain -Teed ~
| Ches g. Ohio(10)
| Ches Corpn.
i Chi & Alton.....
| Chi & Alton pr.
| Chi & East Ill pf
| Chi Great West.
Chi CT West pr.
| Chi Mil & st p.
| Chi Mil&StP pr.
| c NJ & st P cfs..
| Chi & Nwn CO..
| Chi Rock Is (5).
G r / & P pr 90.
Childs tf2.40)..
| Chile Cop (2h).
| Christie 3 (1.20)
| Chrysler Corp(3>
City Stor A(3h)
| City Stores OBJ.
| Clyett Peab (5).
| Coca-Cola (5)...
| Collins & Aik(4)
! Col Fuel & Iron.
| Col Gas & Ell (5)
| Col G&E pr AGO
| Com Cred (1)...
Com Cred pf 6h
| Com In TT pr 6h
Com Powr (2A)
| Condo Mast CO..
| Congoleum Me-.
Cong Cigar (4)..
| Con Cigars CD.
| Consol Distribut
| Consol Gas (5)..
| Cons Gas pf go.
| ConRRCuba pr 6
| Consol Textile.
Cont Can (5)....
Cont Insur 3D..
| Cont Mot t80c)..
| Corn Prod (t3)..
| enthusiastically
| Cuba Compy (3)
| Cudahy Pkg 10.
Dawson Chem.
Del L & W (f7).
D r G Visit pr. ..
Detroit Ed (S)..
Devoe & R(2.40)
Devoe&R 1st(7).
Diamd Mtch(8).
Dodge Bros CT A
Dodge pr t7)....
Dunhill Int ~.
Dupont (f9h)..
Eastman 49,.
Ell AutoLt(t6M)
Electric Boat.
Elec Power & 1t
Elec Refrigeratn
End John 3D..
Engineers Pub 8
Epqit Bldg(7)..
Erie r r.
Erie Sim S(2h)
Eureka Va ft4N
Fed Min pf CO..
Fed Let Of t6).
Fid Phoenix 90.
Fisk Rubber.
Fisk LIST pf cvtD
Fleischma nnt3)
Fox Film A 90.
Freeport (f4A).
Gabriel Snt3h).
Gardner Motor.
Gen Am Ink 80
Gen Bakg IF 80
Gen Cigars t4).
Gen Elec 49,.
GenElec spt60c)
Gen Gas pr BOD
GenMotorstt10)
Gen Mot pf t7).
Gen Outdr Adt2)
Gen Ry Sig go.
Gen Refrac t3).
; Gimbl Br pr "a.
) Glide Co. ...,
! Gold Dust. .....
Goodrich Ru 90
!: Goodyear Of 90
: Gothm S Fl @ n J
: Gotham new z u
CRANKY (4).....
Grit North pr to1
!, Grit Nor O(1h).
! Grit Westn Su(8)
: Green Canaan. :.
: Gulf Mo & Nor. .
:. FIrtn B bio % stk
: Hoe & Co 49,.
/, Hollander & Son
|, Houshld Pa NJ.
Houston Oil.
Howe Sound(4)
Hud Man (2h).
Hud Man pr 90.
Hudson Mo(3 II }
So Hup MOI I I.4U)s
| illinois Cen 10.
i Indian Refining
Ingersoll-R(t4)
Inland st t2h).
Internal Agri.
Int Agricul prioI
e Int Bus Ma 90.
a Int Cement 90.
f int Com Eng t2)
7 Int Harv (j6).
Int Mitch pf(3 20
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
WEEKS CLEAR|NGS.
REVEAL DECLINES
Local Figures Under Last
Year-FeW Liberty
Bonds for Sale.
BY EDWARD C. STONE.

Washington bank clearings for the
week ending July Il totaled $685.
600, in comparison with $27.267,0 900 for
the previous week and decline of 8
per cent over the same week last
year. Richmond also reported drop
in clearings over last week and over
the corresponding week year ago.
Atlanta was behind the 1925 figures.
but we'll ahead of last week. Balti-
more likewise had losses. Reports to
Bradstreets for the country as
whole made better showing, as they
were considerably ahead of last year,
although behind the week ending on
,IulY Ia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-23
Prompt Action
First Mortgage Loans

Lowest Rates OF Interest and Commission
Thomas J. Fisher & Company, Inc.