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The Baltimore Sun from Baltimore, Maryland • 10

Publication:
The Baltimore Suni
Location:
Baltimore, Maryland
Issue Date:
Page:
10
Extracted Article Text (OCR)

rmTT7 cttt i TrimrATi i -v- irAnvmrt tttt mnn 10 Themisto (Dut). via Philadelphia, Hamburg June 28. Vulcan City Tia New York, Hamburg, Juno REAL ESTATE PEALS ROADS OF SOUTH SHOW BIG GAINS LOCAL PORT MEWS AND SHIP ACTIVITY BUSINESS DAY BY DAY As The Government Sees It ADRIAN POSEY DIES; YASG. P.P. LEADER Charles County Citizen Was Also Prominent In Business Activities.

BULL On July 1, 1922, ELI ago.l (18- years4loved husband of LeUie C. Bull IMarysviJle and Harrisburg (Fa.) papers please copy. Funeral from his late residence, 430 East Biddle street, on Tuesday at 1. M. Interment in Loudon Park Cenie-.

tery. 4e Prepared bu RALPH F. COUCH MONEY IN CIRCULATION PER CAPITA TREASURY DEPARTMENT SHOWS FLUCTUATIONS OF 13YEAR5 1911.19 2. 19 3 1914 19 5 19 6 19 7 1918 19 9 1920' 1921 192: 4 1 1 1 1 1 19224378 1921 55.43 192056.99 1919 54.29 I9J8 49.63 191745.49 191034.59 191638.36 191535.07 191334.54 191234.61 1911 34.70 191435.19 service Washington c. tending that the Reserve Board stifled business by deflating the currency.

Although this has been repeatedly denied by the board, the controversy continues. Between 1910 and 1915 the per capita circulation of money remained practically stationary, ranging only between $34.59 and $35.19. It was in 1916 that the increase began. From that year until the peak in 1920 the increase was rapid. Those persons who believe that the low point of business conditions has been reached now affirm that during the next few months the currency will remain steady at its present volume.

According to this view, the nation will never return to the level of 1910-15, but Lll go forward from the present level and the volume of the currency eventually will begin to grow in direct proportion to improvement in-x business conditions. It is clear, however, that although bnsi-ness conditions of the last three months have shown unusul improvement, the volume of currency has declined steadily during that period. In April the per capita circulation was $49.81, or $1.03 greater than at present. Officials of the Federal Reserve Board hold that the fluctuations in the circu- of currency represent a result Indicates Striking Improvement In General Business Through- 4 out Section. COAST LINE MAKING RECORD Southern, Loaixville And Nashville, Seaboard And Gulf Also On Tpgrade.

In no part of the country Vave the railroads shown a greater improvement aa compared with the same period last year than in the South. Earnings statements of the Atlantic Coast Line, the Louisville and Nashville, and the Southern already published, have shown a remarkable revival of traffic. Not only has net. operating income increased, which might be attributed in part to lower wages paid now, but gross revenues are also running far ahead of last year. The Atlantic Coast Line is going At a record rate, and in the Srst four months of this year earned the full years dividends of 7 per cent, on its stock.

The Southern is showing earnings at the rate of about 12 per cent, on its stock, and resumption of. preferred dividends seems assured this year. Two other reports of earnings for May issued yesterday by Southern road emphasize the improvement that has taken place in that section. These were the reports of the Seaboard Air Line and the iulf, Mobile and Northern. The Seaboard Air Line's gross for jMaywas $3,880,589, compared with in May of last year and only 10,000 less than in May of 1020.

Its net operating income was $450,624 as against a deficit of $67,057 in May last year. For, the five months of this year its net operating income was $1,581,427, compared with $S52327 last year. The Gulf, Mobile and Northern reported gross revenues for May of compared with $328,827 last year and net operating income of compared with a deficit of $31,008. For the live months its net operating income was $340,458 compared with a deficit of $38,727 in the same period last year. In 1920 and 1919-its deficits were and $100,000 respectively.

'Great Improvement By Pennsy. Earnings of the Pennsylvania Kail-road system this year show a remarkable reversal as compared with last year. In the five months ending May 31 net operating income was $38,535,000, or $34,110,000 more than in the same period last year. Despite tre strike, which practically closed the entire anthracite field, its gross revenue in May was or $1,391,000 more than in May of last year and its net operating revenue was $11,451,000. or $4,591,000 greater.

Local Bankers Do Little. Brokers who had to sit in their hot offices yesterday and listen to the intermittent clatter of the New York stock icker did not mince words in expressing their opinion of the governing body of the New York Stock Exchange in" refusing to declare a holiday until Wednesday. Board rooms were deserted and nearly all employes were given a holiday. Some of the brokerage houses closed up entirely and all will be closed today. Strike Aids Klk Horn.

One of the coal companies which has profited greatly by the miners'. trik is the Elk Horn Coal Corporation. Its Kentucky mines, which are non-union, have been operating at capacity and are increasing their loadings each In April and part of May car shortage retarded prod-action, but this difficulty has been removed how. Slew Title Company Forming. Plans are on foot for the organization of a new title and mortage company.

While the promoters are not ready yet to give the details of the company's capitalization and official personnel, it it expected to have it ready for business before the end of the year. Alexander Brown Sons High. Alexander Brown Sons made the highest bid for the $400,000 issue of per cent, bonds of Anne Arundel county yesterday. Owing to some question as to the legality of awarding the bonds on a holiday, action was deferred until the county commissioners could consult counsel. The high bid was 100.641.

Bank Call Issued. The usual midyear bank call was issued yesterday by the Comptroller of Currency. It asks for a statement of condition as of June 30. Money And Credit Special from ihe Journal of Commerce. New York, July 3.

The money market today showed no important change. Call loans were quoted at 4 per cent. Time funds were steady, with quotations the same as at the close of last week. So far as could be learned no im portant trades were recorded in anv of the maturities. Acceptances were quiet and devoid of new feature.

Both local and out-of town institutions were practically out of the market. Commercial paper was moderately ac tive. The best names passed at 4 per cent, and paper not so well known at 4ja per cent. The following are quotations covering commercial paper and call and time money for the periods named COMMERCIAL, PAPER. Last aLast Today.

New England mill paper 4 Choice 6 months' names 4 Other names not so well 4V4 Shorter choice names 4 Other names 44 Week. Year. 4 ry2 4 fiiiaSSi 1 Virginia from Shields, at Boston. Wabash, via few lorK, uoston juiy ju Kiat Pbilartelnrua AVest Camai. via Philadelphia.

Santos, Juno 9. West Catanace. from iVaJUCusco. June 10. West Gotomska, Manchester, June 30.

Wrest Keene, Victoria, Brazil, June 18. Vct1flko i jTprnnnl. June 23. WiDhilo, Tia New York. San Francisco.

July 1. i i- 1, CmfliBmitnn Jim. 17 xora viij, irom jorueijuam, uuunj.uii.iiwu, Sclioonera. Freeman. Tamtia.

June. Wabel A. Frye, Port Tamp. Maude JU. juorejr.

xampa. jane. N. Y. Cotton Market New York, July' 3.

The Government re- nn-rt nirtpinfr thf condition of the cotton crop at 71.2, the acreage under cultivation nt 34.8i::,uuu ana me muicaieu jrau a. 11,065,000 bales was followed by a very rapid and excited advance iu the market todav. Prices made new high records for the Kenaon with October selling at 23.26c., or 178 points above the closing quotation of last week. That delivery closed at 23.13c, with the general market closing steady at a net advance of-164 to 172 points. Trading was quiet and fluctuations comparatively narrow before the official crop report was issued.

Liverpool cables were a little Detter tnan uue, hhu auer opening steady at an advance of 4 to 8 points prices worsea a jiiue mgiiei- imports of excessive rains at some points in the Southwest. General business was restricted by uncertainty as to the probable showing of the bureau, however. While there was also some uneasiness over the labor'Situation, there was enough liquidation or realizing to hold the market in check around 21.58c. for October. The official crop figures did not seem very far below the average of recent private reports, but -they were evidently more bullish than expected, and their appearance proved the signal for hteavy general buying.

After the first upward rush to 23e. for October, there were reactions of 30 to 35 points under a spurt of realizing, but the market a uickly firmed up again, as buying orders reached the ring. from tne country, xnere was aiso active local buying on a belief that the small crop indication would lead to a big advance in the Liverpool market while the American markets are closed tomorrow, and the highest prices were reached in the late trading, with July selling at' 23.25c. and December at 23.03c. and with the general list showing net advances of 169 to 173 points.

Last prieea were a few points off from the best under realizing. Port receipts today, 15,539 bales United States port stocks, 659,417 bales. Exports, 61,795 bales, making 3,782,796 bales so far this season. Prices ranged as follows: Ilich. Low.

Close. Previous Close. 2.48a21.52 21.4Sa21.52 21.28a21.30 21.02a21.03 23.25 21.48 23.28a23.29 23.26 23.05 22.75 21.45 23.13a23.15 21.25 22.93a22.97-21.03 22.72a22.74 Mlnjneapolla. Minneapolis, July 3. Flour 20c.

higher; family patents, $8.15 shipments, 49,899 barrels. Bran, Wheat Cash, No. 1 Northern, July, September, December; $1.25. Corn No. 3 yellow, 5i4a57c.

Oats No. 3 white, 34a35c. Flax No. 1, Senator McCumber Tells Why He Was Defeated Says "Poison" Was Spread Against Jlim In North Dakota For Two Years. 1 From The Sun Bureau.

Washington, July 3. In a letter sent today to one of his supporters in the North Dakota primary, Senator Porter J. McCumber, defeated Republican member of the Senate old guard, explains that he had to encounter in his race opposition from both non-partisan and bi-partisan organizations and that for two years "poison" has been spread in the State against him. After sending the letter Senator McCumber indicated his belief that the Independent Voters' Association was primarily responsible for, his defeat because it cast its vote almost solidly for Governor Lynn Frazier. The association is said to have polled 15,000 votes, nearly all going against McCumber, who was defeated by approximately 5,000.

After writing his thanks to It. J. Hughes, a supporter, Senator McCumber adds "These two months were too short a period to overcome the poison that had been sowed broadcast for more than two years or to meet the bi-partisan combination which has been made against nje on the one side, and the non-partisan organization which so loyally--supported my opponent. I know that you and my other good friefnds did everything within your power to bring about my nomination, but with my own lines broken and with a united organization supporting my opponent the odds were too great for you to overcome." Strawberry Shortcake Leads To Wedding Bells Man Eats' Sample At Festival, Meets Its Mater And Romance Begins. New York July 3 (Special).

A strawberry shortcake was the cause of the romance between Missv A. Laurel Wolf and J. Harry Wolf, which terminated last night in their marriage in the Evangelical Lutheran Church of the Atonement. A church strawberry festival last summer is where the shortcake came in. Miss Wolf had charge of the shortcake booth with a big one of her own making.

Mr. Wolf was also there. This particular shortcake attracted his attention. He sampled it and found that it was delicious. There the romance began.

Mr. Wolf said he would like to meet rl who could make such a- cake. They met and she appealed to him as much as the shortcake naa. numerous other meetings followed andnow they are on their way for a honeymoon in Canada. Young Croker Wants Father Estate Settled Asks Appointment Of Administrator For Property In The United States.

New York, July 3 (Special). Failure on the part of Mre. Richard Croker or her attorney to file his father's will for probate either here or in Ireland led Richard Croker, to apply in the Surrogate's Court here today for the app6intment of a temporary administrator for his fathers estate in this country. Ever since the former Tammany chief's death, at Glencairn, Dublin county, Ireland, on April 29, there has been much speculation in this country nvpr the provisions of his last will which he its reported to have signed about three months before his deatn. The reading of this will, which it was announced would take place a few days after his death, never occurred and no explanation was ever given for the delay in akin it public.

In his. petition for the appointment of "some suitable person or trust company" to act as temporary administrator in this country. Richard Corker, admite he is as much in the dark as anvone concerninsr the plans of his father's widow. AND BUILDING NEWS Loyola College Receives Bids For First Of Five New Structures. WILL ENLARGE AUTO PLANT M.

S. Block To Ak Estimates Tomorrow Maryland Manor Cottages Sold. Bids for construction of the Chemistry Building, the first of five buildings planned for Loyola College at Evergreen, have been received, ani announcement of the awarding of the contract is expected in the near future. Costing about $150,000, the building-will be of stone, two and three stories high, and will contain laboratories and classrooms. It will be of Gothic design, G4 by 147 feet.

Plans were prepared by Otto G. Simonson, Inc. Estimates for the expansion of the automobile showroom and service station of TI. S. Block, distributor of the Chandler and Cleveland automobiles, northeast corner Cathedral and Eager streets, will be asked tomorrow by J.

E. Moxley, architect. A three-story addition to the present building will be erected oir the sites of dwellings at 1007-9 Cathedral street. The new building will be about 42 by 125 feet, and will double the floor space now occupied. It is expected the work will begin about September 1, when possession of the site will be obtained.

Wrilliam E. Carr reports sale of 2420 East Chase street for Morris Klein to Grace Walters, and 222S Henneman avenue for Mary R. Carr to AunSe C. Gregor. The following sales are reported by the Cityco Realty Company Cottage at Maryland Manor, on Sixty-fQurth street, near Philadelphia road, to Andrew II.

Mauler, and one on Sixty-third street, near Philadelphia road, to Arthur N. Smith 6520 Fait avenue, in fee simple, to William Freeburger; 2819 Boarman avenue, subject to a ground rent of $90, to Elzie M. Higgs; 2803 Boarman avenue, subject to a ground rent of $90, to William Cohen. The Sun Calendar Today's Almanac For Baltimore, The hours given, in all tables are according to daylight-saving time. To correct them to seventy-fifth meridian or Eastern standard (sun) time subtract one hour in each instance.

Sunrises 5.45 A.M. I Moon P.M. Sua sets .8.35 P.M. I Moon A.M. High tide ..3.45 A.M..

3.30 P.M. PHASES OF THE MOON FOR JULY. First quarter.lst and 31st I Last 17th Full moon 8th New moon 24th The Weather. Forecast for Maryland and District of Columbia -Partly cloudy and cooler today; fair and warmer tomorrow. General Conditions.

Pressure was low yesterday over the Atlantic States and along the Gulf Coat and the Far Northwest and the Far Southwest. Over practically all other regions the pressure was high. There have been general showers and thunderstorms within the last 24 hours in the Southern Rocky Mountain Region, the West Gulf States and generally east of the Mississippi river, except in the Upper Lake Region. Fair weather has prevailed over the "western half of the country. The weather became cooler yesterday east of the Mississippi river, except along the South Atlantic Coast, while there was a reaction to higher temperature in the Northern Plains States and the Northern Rocky Mountain Region, and the weather continued about normally warm west of the Rockies, except along the immediate Pacific Coast.

Generally fair weather, with moderate temperature, will prevail today and tomorrow in the States east of the Mississippi river, although there will be considerable cloudiness in the Atlantic States today and showers are probable from Southeastern Virginia southward. Winds off the Atlantic Coast: Hat-' teras to Key West, moderate to fresh shifting, becoming northwest and north over the North; north of Sandy Hook, fresh northwest and north Sandy Hook to Hatteras, fresh northerly Hatteras to Florida Straits, moderate to fresh shifting, becoming northwest and north over north portion. Baltimore Weather Report. United States Weather Bureau. Observer's Office, Baltimore Cuatoin Home, July 3.

la )2. So 0 A.M. 1 P.M. 9 P.M. 7fi 8(3 74 7o 78 08 84 70 77 NW .17 .00 .37 Clondy Cloudy Cloudy Normal temperature.77 Mean .80 Maximum temperature.HD Minimum temperature.

72 Ilonrly Temperatures. OA. 73 P. M. I'.

M. I. M. P. M.

P. M. P. M. 88 88 89 82 7r 76 75 74 7 A.

8 A. 9 A. M. 10 A. 11 A.

1 P. 74' 75 76 78 81 83 86 P. M. r. m.

Weather By State of the weather r.t est temperature recorded stations named below: Telegrraph. 9 P. M. and the hijrh-during the day at the Atlantic City. 78 Boston, cloudy 82 Buffalo, cloudy 68 Charleston, 00 Chicago, cloudy 65 Cincinnati 74 lJenvr, clear 8fi (Jaiveston, 86 Hatteras.

ciear 84 Jacksonville, cloudy. 88 Louisville, 70 Memphis, c.oudy.... 72 New Orieatui, cloudy HI Sew York, rain 84 Oklahoma City. cl'r. 78 Philadelphia, cloudy 88 Pitt-burgh, 71 Portland, rain.

72 Raleigh, cloudy 0'2 St. Louis, clear. 76 Sa.t Lake City, clear 00 fan Francisco, cl'dy 68 Tampa, rain 8S Washington, cloudy. 03 ItHA.VOT. On July 2, 1922, AMELIA widow of Anthony Brandt.

A happy home we once enjoyed, How sweet the memory still But death has left a vacant chair This world can never till. For the Lord who gave has called you, To His will we all must bow. You are free from pain and sorrow, Not a care can reach you now. BY HER SON CHARLES. The funeral services will take place from her residence.

824 Cloney street, on Tuesday afternoon at 2 o'clock. 4 BHOGHAMEK. On July 3, 11)22. JOSEPH, agred 83 years, beloved husband the late Mary Broghamer. Funeral from his daughter's residence.

Mrs. May Connelly, 1514 North Montford avenue, on Wednesday at 3.30 P. M. Interment In Mount Carmel Cemetery. 5e BliOWN.

On Monday, Jnlv 3, 1922, AMELIA in her 62d year, beloved wife of- tire late James L. Brown, at her residence, Havre de Grace, Md. Funeral services from the above residence to the Presbyterian Church, Havre de Grace, on Wednesday, July 5. at 2.30 P. M.

Interment iu Angle Hill Cemetery. 8 Three Steamers Discharge Bunches' Of Bananas Here In Day. FOURTH CRAFT ON THE WAY Two Vessels Arrive With 8,000 Tons Of Phosphate Kock Frem Florida Deposits. Three steamers yesterday discharged 70,565 bunehes of bananas here in a temperature that the crews of the vessels said had no equal even in Jamaica and Cuba. With an occasional burst of song by the hundreds of workers the green bunches passed from hand to hand and into refrigerator cars that were to deliver the fruit to out-of-town markets.

It was an unusual day in the business. Of the receipts, the United Fruit Company's steamer Bowden i brought 29,900 bunches, the Vildfugl, to the Baltimore and Jamaica Trading Company, brought 18,865 bunches. Both ships came from Jamaica. From Cuba the Fort Morgan landed 22,800 bunches to the Atlantic Fruit Company: Tomorrow the Phal-iron is due to Lanasa. with 23,000 bunches from Jamaica.

p. 1 Port Paragraphs. The steamers Beatrice and Lewis K. Thurlow arrived yesterday with 8,000 tons of phosphate rock rofn Tampa. Both vessels left Tampa very close to- geiner.

Capt. C. Sawyer returned to Baltimore Sunday in the schooner Atlantic Coast with phosphate rock from Boca Grande, renewing acquaintances with friends he had not seen since 1914, when, in the Addison E. Bullard, he was a steady trader here in the Florida rock trade. With a cargo of sugar for the Atlantic Sugar llefining Company's plant, the Bull Line steamer Millinocket sailed from San Juan, P.

Sunday. July 3, 1922. ARRIVED. Carenco, Dodge, from Lisbon via New York; ballast, to Baltimore Oceanic Steamship Company. At anchor off Rivev View.

Stnir. West Zeda, Jones, from New York: ballast, to Esport Transportation Company. At anchor off Quarantine. Stmr. Bodwen Anderson, Port Antonio; bananas, to United Fruit Company.

At Pier 1, Pratt street. Stmr. Yildfugl Johnsen, from Port Maria; Bananas, to Baltimore and Jamaica Trading Company. At Pier 2, Pratt street. Stmr.

Dorchester, Ryan, from Boston general and passengers, to Merchants and Miners' Transportation Company. At Pier 3, Pratt street. Star. Pawnee, Forrest, from New York; general, to Clyde Steamship Company, At Hughes and Henry streets. Stmr.

Homestead, Meegan, from Antwerp via -Boston; general, to Black Diamond Steamship Company. At Pier 2, Locust Point. Stmr. Willpolo, Blackler, from Everett via San Franciseo and New York; general, to Williams Steamship Line. At Stmr.

Beatrice, Mumford, from Tampa; phosphate rock, to Baugh Chemical Company; vessel to Bull Steamship line. At Baugh'a Works, Canton. Stmr. Lewis K. Thurlow, Fanner, from Tampa phosphate rock, to Standard Guano Company; vessel to Bull Steamship Line, In Curtis Bay.

Schr. Thomas B. Taylor, Davis, from Pamunkey lumber. Schr. William H.

French, Butler, from Matta- poni; lumber. -Schr. Edward V. Hendrickson, Walters, from Mattaponi; lumber. Schr.

J). J. Ward, Pope, from Mattaponi; lumber. Schr. Cecelia, Kennard, from Black Water; cord wood.

Schr. H. Dashiell, Fraser, from Taylor's Island; cord wood. Schr. W.

II. Maguire, from bay port; lumber. Schr. James H. Lewis, from Pamunkey; lumber.

Schr. Louise Travers, from bay port; lumber. Schr. Madeline Mears, from Choptank; grain. CLEARED.

Carey, for New York -(cargo in transit) Bull Steamship Line. Stmr. Yildfugl Johnsen, for Port Maria (ballast); Baltimore and Jamaica, Trading Company. Schra. Edward Rovve.

for Totuskey; Stephen Chase, Todd, for Crisfield. Wathen Co. SAILED. Stmrs. Dorchester, for Boston; Lord Baltimore, for Philadelphia: Anthony Groves, for Philadelphia Cornelia, for New York.

Schrs. Edwin Totuskey; Richard Cromwell, Dymers Creek; Chesterfield, Coan River; William Franklin, Mattaponi; Annie Camp, Piankatankr CHESAPEAKE BAY PORTS. COVE POINT, MD July S. Hazy; light southwest. Passed Up 5,15 tug Carolina, towinsr six barges, from Noi-folk; 8.15 A.

tug Fortuna, towing four barges, from Norfolk. CAPE HENRY, July cloudy. soutnwest, iz miles; noon, clear, soutnwest, ll Passed Out 2.20 stmrs. Santore, for Daiquiri; 6 Matimcock, for, Hamburg, and Munnlaee. New York.

SAILED FOR BALTIMORE. Stmrs. Willhilo, via New York, San 'Firancisco, 1st; AiuunocKet, varK, aun nan, jr. ui. ARRIVED FROM BALTIMORE.

Stmrs, Feliciani via Philadelphia, New iorn smsmwa, via Jf tuladelphia, jNew Y'ork 2d; Ontario, Bond, Boston 3d; Agomak, Hudgins; Georgetown, 8. 3d; Henry S. Groves, for Los Angeles, Norfolk 3d; No-ruega Philadelphia 3d; Willsolo, Mc-Gahan, Portland, 2d; Republic, New York 3d; PliiladslpKift, Leek, New York 3d. MESIORAiVDA. Stmr.

Aztec in port 2d, from Tuxpan, is consigned to Robert Ramsay Company. Stmr. Anniston City, San Francisco for Baltimore, at York 2d. Stmr. Dakarian London for Baltimore, at York 2d.

Stmr. Manchester Exchange Manchester via St. John, jN. 5., for Baltimore, at Philadelphia 2d. Stmr.

Ormes Fitzpatrick, from Port An tonio, at Philadelphia 2d. Stmr. Eagle, Baltimore for Raymond, sailed Seattle 1st. Tug Albatross, frbm Norfolk, with three barges tor Boston, in vmeyam naven ai. Tug T.

J. Hooper, Boston for Norfolk, in Vine yard Haven 2d. MOVEMENTS OP USERS. Stmr. President Monroe, from London due York Jate 1 uesday or early Wedneaday.

Sailed for New York Cedric, Queenstown 2d Hannover, Bremen 1st Susquehanna, Bremen 1st! Stmr. Adriatic, from New York, at Liverpool 2d. Bound To Baltimore steamers. A. Kent, from San San Pedro June 24.

Amprlran StaA. Narvik. June. Anniston City.Vrom Sn Francisco, at New York, ltuatrice, I'ort 'Tampa, June 28. Jiergsdalen trom JNarviK.

Ardrossan, June 24. Bremerton," from Copenhagen, Ardrossan, June 28. Bird City. Santos. June.

Rlvdensdyk Rotterdam. Jun 22. Bonny from Sekondi. Sierra Leone, June 28. Briez Izel Havre, June 20.

Cape Henry, from San Francisco, Cristobal, June 24. Capulin, via New York, June 29. Casper, via New York. Santos. June 20, Conehatta.

Pivmouth, June 26. Dakarian from London, at New York. Dania from Copenhagen; at Philadelphia. Dicto from Pacific at Philadelphia. Kastnort.

Lulea. June 27. Eswiclr Park Eio Janeiro. Jnn I. l-Jmaport, na Boston Antwerp, June a.

Ecuador, from San t'Vaneisco, San Pedro. June 25. Federica from Trieste, St. Vincent, C. V.j June 18.

Golden Antwerp, June 7. Hallgrin Hamburg. May 27 Mambleton Range B.irry. Jum 10. Honolulu, via New York, Hamburg, July 1.

Imatra via Boston, rardirT, June 24. Istina (Jugo-Slav), via Philadelphia, Huelva, June 24. Italia, via Pensacola, Gulfport, Juno 29. Keniiecott, via New York, San Pedro. Jun 13.

Lewia K. Thurlow, Port Tampa, Jun "A Lages (Braz.K Rio June 2L Liberator, via New York. San June 28. Linkmoor Huelva. June 17.

Ixng B'ach. for Pacific, at Benton. Luxpalile, via New York, Lisbon. June 18. Maine London, June 24.

Manchester Exchange from Manchester, at Philadelphia. Median Philadelphia July 2. Melville Dollar, New York July 2. Matinieock, New York. June 29.

Michigan via Philadelphia, Eremerhaven, 23. -Millinocket, San Juan, P. July 2. Moiit.z, Jacksonville. 25.

Nevadan, New York July 2. Olaf Kyree Narvik, June 19. Oriental, from San Francisco, at New York. Parisiana Liverrool, June 24. Phaliron Maria.

June 28. Puget Sound, Androssan, June 22. Quaker City, via New York. Ijeith. 9.

Schodack, from Bordeaux, at New York. Sarcoxie. via New York. Havre. June aw Santa Ana, from San' Francisco.

Havana June 30. Snta tlitira, Shields June 3. Santa Malta, Skutsirar. June. Santa Uowi, from San Francisco, Cnstobah June 1 Stanley Dollar, via New York.

San FrancijBCO, June 28. Steel Scientist. London. June, 23. uric ho, Sodei haiun, Jun 1.

Port Of Baltimore 1 1 1. i on July 2, 1922. MARY beloved and only daughter of Michael ud Margaret Burke (nee Ponohue). FunersHfrora the parents' residence, 45 South i-hroeder street, on Wednesday uiarnfiisr, July 5, at 8.30 o'clock, thence to St. Peter's Church, where a Requiem "High Mass will be said, for the repose of her soul at 9 o'clock Iuter-menc in New Cathedral Cemetery.

CAREY. On July 2, 1922. LEAH beloved daughter of Charles aud Mortona Carey (nee McConville), aged 11 months and 19 days. Funeral from her parents' residence, 412 North Ann street, on Tuesday afternoon, July 4, at 2 o'clock. Intermeut in Holy Cross Cemetery.

4e COLLTNS. On July 2, 1922, at his horrid 410 East Lanvale street, EDWARD beloved son of Bridget McDonald aud the late John J. Collins. Funeral from the above residence on Wednesday, July 3, at 8.30 A. M.

Requiem Mass at St. Ann's Church at 9 A. M. Interment' private. ft COOK.

On July 2. 1922, at her residence. 885 North Fremont avenue. AM ICR I A (nee Holmes beloved wife of George K. Cook.

Funeral from the above residence on Wednesday, July 5, at 4 P. M. Inter-rnent Loudon Park Cemetery. 5r COOPER. On July 1, 1922, at her resf-dence, 21 South Broad ay, LAURA beloved daughter the late Capt.

E. O. and Mary Cooper. Funeral from the above residence on Wednesday at 9.30 A. thence to St.

Patrick's Catholic Church, where a. Requiem Mass will be said for the repose of her soul at 10 A. to which relatives aud friends are respectfully in-vited. r. CRATE.

On July 1. 1922, at 11.45 P. FANNIE (nee Gossom), beloved wife of the late Lieut, tyrede-iiek T. Crate. Philadelphia and Wilmington papers please copy.

Funeral from her late residence, 1112 North Bond street, on Tuesday, July 4. at 3 P. M. Interment iu Loudori Park Cemetery. DOYLE.

On July 1, 1922. JOHN aped 49 years and 6 months, beloved husband of Mary Doyle and son Of the late Richard and Bella Doyle. Funeral from his late residence. 1SM5 Harford avenue, on Wednesday morning at 8.30 o'clock. Mass at St.

Paul Church at 9 o'clock. 6 FINK. Suddenly. on July 2, 1922. MABEL R.

FINK, beloved wife of Charles H. Fink. Funeral (private) "Tuesday from Fahey's Chapel. 4e FOLCKERMER. On July 3, 1922, at the! German Aged Home, Baltimore ami Paysou streets, SUSAN FOLCKERM Kit, in her 83d year.

Funeral from the home on Wednesday at 9.30 A. M. Interment at Shrcws-bnry, Pa. -i GLACKIN. At Brnndywine I July 3, 1922, ANNA BARTOL, wife of F.

Joseph Glackin. Requiem Mass at St. Cornelius Church. Brandy wine Summit, Wednesdav at 10 A. M.

(daylight saving), lutcr'-. ment at Ivy Mills. 4 GOTSCH. On July 2, 1922, LUELLA, bo loved wife of Frederick T. Gotsch.

Funeral will take place from her late residence, 531 North Castle street, on Wednesday. July 5. at 2.80 P. M. Interment iu Baltimore Cemetery.

Please omit flowers. 1 -'jn GRASSER. Suddenly, on July 2, 1922' GEORGE aged 25 years, beloved son of Margaret and the late Georuc Grasser. Funeral from hi late residence, 1513 North Montford avenue. Due notice will be given.

4 HANAN. Suddenly, on July 8. 1922. 1 1 i his residence, 18 North Ellwood avenue. beloved husband of Delia A.

Hanan. Due notice of funeral. 4 HATDEN. Suddenly, on June 28, 1922. JOHN, beloved husband of Frances Harden.

Funeral from the residence of his mother-in-law, Mrs. George 2014 Fleet street, on 4. .8 A. M. Requiem High Mass at St.

Patrick's Church at 8 o'clock. Interment in St. Stanislaus' Cemetery. 4 HEAVEL. On July 3, 1922, CHARLKS EDWARD, beloved husband of Heavel (nee Bowersock).

Funeral from his late residence, Greenmount avenue, of which due notice will be given. 4 On July 3, 1922, at Maryland University Hospital, ELMER Ifl aged 23 years, son of George F. and Maiii-Heubeck (nee Brown). Funeral from his late residence, Baynesville on Wednesday afternoon at 3 clock. Relatives and friends are invited.

Interment iu Providence Cemetery. HUBLER. On July 3, 1922, JACOB, aged 71 years, beloved husband of the laU-Elizabeth Hubler (riee Schmahser). Relatives and friends of the fa rail are invited to attend the funeral, from the residence of his daughter, Mrs. Joseph M.

Bauer, end of Belleview avenue. Kaspeburg, on Wednesday, July 5, at A. M. thentato St. Anthony's Church, where a Requiem High Mass 'will l.

offered for the repose of his soul at A. M. Interment in Holy Redeemer Cemetery. JACKSON. On July 1922.

EDWARD ALMENT. Funeral will take place from his late residence, 501 Hawthorn road, Roland Park, on Tuesday, July 4, at 4 P. Interment (private) Greenmoutrt Ceme-tery 4e KEMPER. On July 3, 1922, FANNIE, beloved daughter of the late Aaron ami Rika Kemper. Funeral from her late residence.

212s Eutaw Place, on Wednesday morning. July 5, at 10 o'clock. Interment privntc IJiease omit rowers, K1ELY. On July 3, 1922, KATnERTN 1 3 KiELY. Funeral from the "residence of her niece, Mrs.

Edward C. Shipley, 531 East Twenty-third street, on Thursday morning at 8.80. Solemn High Requiem Mass at St. Ann's Church at 9 o'clock. Inter-ment in New Cathedral Cemetery.

KIRKWOOD. On July 3. 1922, AUGUSTA, beloved wife of the late Wil liara II. Kirkwood, Sr. Funeral from her late residence, Park-Heights avenue, near Glenn avenue, on Thursday at 2 P.

M. Interment in Mount Olivet Cemetery. McKVOY. On July 1, 1922. at Mount Hope Retreat.

JAMES EDWARD, sou of the late Joseph and Margaret Funeral took place from the above residence on Monday, July 3, at 9 o'clock. Interment in St. Peter's Ceme- tery. 4 MARTELL. On July 2, 1922, LENA beloved wife of Alexander Martcll (nee Adams), aged 57 years.

Funeral from her daughter's residence, Mrs, Ella Myers 311 South Thirteenth street, on Wedneaday morning, July 5, nt 8.13 o'clock. Requiem High Mass at Sacred Heart Church at 9 A. M. "Interment jn Oaklawn Cemetery. 5 MORGAN.

On July 2, at 2 A. at her residence. 83G West: Lombard street, VERA, aged 17 years. Relatives and friends are invited to attend the funeral. High Mass at St.

AlphonBiis' Church at 9 A. M. 4 PISINUER. On July 2. 1922, VACLAV, aged 58 years, beloved husband Frances Pisinger.

Funeral will take place from his late residence, 409 North Madeira stret, Wednesday morning at 8.30 o'clock. Requiem High Mass at St. Wenceslaus' Church at 9 o'clock. Interment in Holy Redeemer Cemetery. 4 PITTS.

On July 2, 3922, TO LIE aged 40 years, beloved husband of Carrie Pitts. Funeral will take place from his late residence. 116 North Rose street, on July 5, at 10.30. Interment in Balti-more Cemetery. PORTER.

Suddenly, 011 July 2, RODGER BEALL. aged 42 years, beloved husband of Mary P. Porter. Funeral from his late residence, 3'JO North Pulaski street. Services at Franklin Street V.

B. Church, corner Franklin and Monroe streets, on Wednesday afternoon 'at 2.30 o'clock. Interment private. 5 SAl EKHOFF. On July 1, 1922, A THEM INE, aged 73 yesrs, beloved wife of William P.

Sauerhoff. Washington (D. papers please copy. Funeral from her late residence. 7Sg Light street, on Wednesdpy at 3 P.

M. Interment in Cedar Hill Cemetery. 5 (Continued On Next Page.) ORGANIZED LQCAL BANK Was Member Of House Of Delegates And State Senate During Earlier Career. La Plata, July 3. Adrian Posey, for many years prominent in business, political and social cireles in Southern Maryland, died at his home here yesterday from heart disease, after an illness of five years.

He was born near Aliens Fresh, Charles county, in 1S57, and was educated in the public schools, leaving when 13 years old. He took charge of his father's grist mill. While occupied in the latter work he began to study llaw. He then read law in the office of the late Richard II. Ede-len and later took a course at Georgetown University.

Admitted To Bar In 18S0. He was admitted to the bar iu St. Mary's county in 18S0 and began the active practice of law in Charles county, in which he continued until he was forced by bad health to retire. In 1S82 he became the owner and editor of the Maryland Independent of Charles county, in the publication of which he was succeeded by his son, F. Stone Poaey, who is now publisher of the same.

In 1880 he organized the Southern Maryland Savings Bank, which was later converted into a national bank, -of which he was the first president. This was the first bank started in Charles county and the second in Southern Maryland. He was a Republican leader of Charles county for many years and was for a number of years chairman of the Republican State Central Committee. He wUs elected to the House of Delegates before he became fa lawyer. In 1888 he was a delegate to the Republican National Convention which nominated the late President Benjamin Harrison.

lie also was a delegate at a number of later national conventions. In 1892, he was a member of the State Senate, being the caucus nominee of his party in the latter term for President of the Senate. Prosecuted Notorious Cases. In 1895 he was elected State's Attorney, during which term he prosecuted several of the most notorious criminal cases in Southern Maryland. He was defeated for the Associate Judgeship in 1909.

He leaves his widow, Mrs. Mary Howard Posey, and four children F. Stone Posey, Mrs. Carlisle Turner and Miss Inez Posey, of Charles county, and Mrs. Louis De Roode, of Baltimore.

His funeral will take place from his late home Wednesday. Services will be held at St. Thomas' Catholic Church, at Chapel Point at 10 o'clock. Services will be conducted by the Rev. Brent Matthews, assisted by Fathers Kries, Bradley and Peck, of Charles county Charles F.

Bridges, of St. Mary's county, and Ennis, of New York, former president of Loyola College, Baltimore. Obituary EDWARD A. JACKSON. Funeral services'f or Edward A.

Jackson, G7 years old, who died yesterday at the Union Memorial Hospital after an illness of several days, will be held at 4 P. today from the home, 501 Hawthorn road, Roland Park. Burial will be in Greenmount Cemetery. Mr. Jackson, who was formerly in the wholesale coffee business, retired, several years ago.

He was a member of the Elkridge Hunt Club and the Baltimore Club. Surviving are his widow, Mrs. Anne Murray Jackson, and a sister, Mrs. Augustus Slingluff, of Virginia. MRS.

AUGUSTA KIRKWOOD. Mrs. Augusta Kirkwood, widow of William H. Kirkwood, died yesterday at her home, Park Heights and Glen avenues. She is survived by five daughters, Mrs.

Annie Smith, Mrs. Julia Briel, Mrs. May Little, Mrs. Florence Gorman and Mrs. Rose Heagerty three sons, Charles William and Harry E.

Kirkwood, and three sisters, Mary Van Daniker, Mrs. Louise Rose and Mrs. Catherine Lions. MISS FANNIE KEMPJER. Funeral services for Miss Fannie Kemper, 76 years old, will be held from the home, 242S Eutaw Place, at 10 o'clock tomorrow morning.

The Rev. Charles A. Rubenstein will officiate. Burial will be in Har Sinai Cemetery. Miss Kemper is survived by two brothers, David Kemper, of this city, and Joseph Kemper, of Germany.

MISS LAURA A. COOPER. Funeral services will be held at 10 A. M. tomorrow at St Patrick's Catholic Church for Miss Laura A.

Cooper, 82 years old, who lived at 21 South Broadway for 75 years. Burial will be in Greenmount Cemetery. Miss Cooper was a daughter of the late Capt. E. O.

Cooper. Three Sisters Accused Of Theft. Charged with the larceny of merchandise valued at more than $30, belonging to the Oriole Department Store, 907 West Baltimore street, three sisters, Mrs. Marie Reas, 28 years old; Mrs. Lillian Fitzpatrick, 23, aDd Miss Theresa Prubaugh, all of Martins Ferry, Ohio, are being held at the Western Police Station.

It is said they are visiting a sister in Baltimore. Acts As Special Judge In S. C. Charles L. Prince, formerly of this city, acted as special judge at a court session held recently in Chesterfield, South Carolina.

Judge Prince'? parents live at 2910 Garrison avenue. Judge Prince was graduated in law from the University of Maryland in 1907. For a time be practiced in this city. HOSPITAL FOR VETERANS Site For $1,000,000 Institution On Hudson Selected. Washington, July 3.

Selection of a site for a $1,000,000 hospital for disabled veterans, to be erected at Summerfields, in the vicinity of Beacon, Duchess county, N. was announced today by Assistant Secretary of the Treasury Clifford. The site, be said, which comprises 228 acres, situated on the Hudson river, was acquired at a cost of $100,000, and the hospital ill be erected there by the Treasury and turned over to the Veterans' Bureau, to be used in the care of soldier patients from the metropolitan district of New York. Coviovt sctENCC Washington, July 2. Money in circulation in the United States totals $48.79 for each resident, according to an official statement of the Treasury Deartment.

As defined by the money "in circulation" means that part of the general stock of the entire country except amounts held by the Treasury as assets of the Government and sums held by the Federal Reserve banks or Federal Reserve agents. This definition leaves "in circulation" gold coin and bullion, all kinds of certificates, notes of the Treasury and of the United States, standard silver coins, and notes of the Federal Reserve, of jhe Federal Reserve banks and of the national banks. The present per capita circulation is parallel to the nation's financial situation of the 1917-18 period. In 1917 the per capita circulation was $45.49, while in 1918 it was $49.63. The highest circulation per capita in history occurred in 1920, according to the official Treasury statements, when the amount was $56.99 for each resident of the United States.

That year represents the peak. Since 1920 the circulation has been steadily descending. In 1921 circulation stepped down to $55.43 per eapita. Since the descending circulation fig- ures correspond roughly with the development of economic stagnation which swept the country in the latter part of 1920 and during 1021, some business men and economists blame the Federal Reserve system for the stagnation, con EXCHANGE MARKET PROVES VERY FLAT So Little Doing At Times That Trading Was Almost At Standstill. STRENGTH DEVELOPS LATER Some Classes Of Remittances Close At Advance, While Others Are Lower.

Special from the Journal of Commerce. New York, July 3. Foreign exchanges moved irregularly, early strength having been followed by a reactionary movement in rates, with the result that the market closed higher for some classes of remittances and lower for others. But the volume of business was not large in fact, the market during a good part of the time, was almost at a standstill. Demand sterling closed at $4.42, up French francs at 3-34, down 44 Belgian francs at 7.91, down 414; lire at 4.68, off and marks at .0022 down 1.

Scandinavian exchange was not materially altered and the same is true of rates on Argentina and the Far East. There was no news of importance concerning the European situation. OPEN MARKET QUOTATIONS. Open market quotations for sterling and Continental exchange today for-large amounts were as follows LONDON. Prev.

Range. Close. Close. Bnkrs. 90 days.

4.37a4.36i,i 4.37 4.37 Bnkrs. 60 days. 4.39a4.382 4.39 4.39 Demand 4.4iiysa4.4l,4.42 4.42 Cable transfers. 4.434.41 4.43 4.42 Bills-Grain, 7 4.41a4.39y2 4.40 4.40 Commer 4.42a4.404.42 4.41 Documents for payments GO days against grain 4.39a4.37 4.38 4.38 Commer 90 days. 4.37a4.35 4.37 4.36 Commer 60 days.

4.38a4.37 4.3S 4.37 CANADIAN EXCHANGE IN NEW YORK. bChecks, per cent, discount. cPARIS. Bankers' checks. 8.36aS.32 8.34 8.38?Al Commer checks.

8.34a8.30 8.32 8.36 Commer 60 days 8.2SaS.24 8.26 8.30 BERLIN. Bkrs. $.0022 $.0024 SOUTH AMERICA. Cables 0024J4a.0022 .0023 .0025 36 36 13 1313 Argentine 36 do cables 36 Brazil checks 13 do cables 13 Peru 4.12 36 36 13 13 4.12 4.1: checks, 12 cents per United States London nominal. Figures now quoted on basis of American money per Peruvian pound.

JNow quoted on basis of cents American money. Chile gold peso, par 36.5 cents. Brazil, par 32.45 cents per paper milreist? r-eru, par per pound. Argentina, par 42.45 paper peso. bBank sterling rates.

cFrench, Belgian and Swiss francs and Italian lire to Jte interpreted to mean the number of United States cents per unit- FEDERAL RESERVE EXCHANGE RATES. The buying rates in New York market for cable transfers, payable in the foreign currencies of the countriea listwi sh- low at noon today have been certified by rcuciai ivcscne iiUUK H8 ZOllOWS Country. Rate. Country. Ratp Belgium 0794 Bulgaria .007242 Czeeho-Slov.

.019151 Denmark 2143 Sweden $.2590 .1898 (1) 1 .8346 (1) .7971 (2) do 5845 (3) do 5775 4) do 5033 (5) do 5S08 .2868 .4784 England 4.4241 Germany. Greece. .022463 .002394 .0291 .3850 .000967 TTnl'nnrf lrnlv .0469 .003129 .1673 .000217 .0719 .005047 .012483 Jugo-Slavia. Norway Poland Portugal Rumania Serbia, Canada Cuba ,484319 Newfndlaiid f.O.S0938 .8139 Brazil .1362 1557 iji uguay Tael (') llonffkoncr rlnll.tr. Mexican dollar.

(4) Tientsin or Peiyanjr dollar. (5) Yuan dollar. I rather than a cause of changing business conditions and, as such, constitute a barometer of the condition of commerce and industry. If this view be accepted, thes nation is going backward instead of forward on the road leading from depression to prosperity COOLER WEATHER BEARISH FOR WHEAT Drop In Temperature Check To Black Rust Spread And Prices Run Off. WORLD SHIPMENTS HEAVY Announcement Of Big: Decrease In Visible Supply" Pails To Halt Decline.

Chicago, July 3. Below normal tem peratures Northwest, tending to check the spread of black rust, had a bearish effect today on the wheat market here. Prices closed weak, c. to lc. net ower, with July $1.16 to $1.16 and September $1.16 to $1.17.

Corn fin ished c. off to a like advance oats at yc. to c. decline to Vc. gain.

Lessened apprehension as to black rust was apparent from the outset in the wheat market, and although prices rallied at times, the close was near the lowest level of the day. Besides the favorable weather conditions Northwest, big world sliipments bushels were influential moditymg bullish sentiment, and so, too, was the fact that receipts in this country were liberal. Kailroad strike developments were re sponsible for some demand here from interests that had already purchased wheat in the country and had hedged by selling for July delivery in Chicago. iransrerrmg ot the nedsres to later months caused July to command c. premium over September today for a while.

The effect, however, failed to last, and at the end of the day the July delivery showed a greater decline than either September or December as compared with Saturday's finish. Persistent buymir on the part of a big elevator company srave compara tive firmness to the corn market. Some of this buying was said to be due to fire damage at Baltimore. Oats paral lelled the action of corn. Cash prices for grains were: Whent No.

2 red. $1.18. Corn No. 2 mixed, 64a 64c; No. 2 yellow, 64a04c.

Oats- No. 2 white, 38a42c. No. 3 white. 36a38c.

Rye No. 2, 89c. Barley, 62c. TImothyseed, Cloverseed, $10al8. trices for futures ranged as follows Wheat Open.

High. Low. Close. $1.18 $1.16 1.20& 1.18 1.20 1.16 1.19 1.16 December. l.TJ .63 00 -66 .36 38 .41 .86 W3 Corn Jnly, .63 .63 .63 .66 .66 .66 .06 .67 .36 .36 .36 .38 .38 .38 .42 .42 .41 .86.

.87 .87 .86 .90 .90 .89 December. Oats July December. September December ftvr York. New York, July 3. Flour Quiet sorine patents, spring clears, 6.25: soft winter straiglits, hard winter straights, Wheat Spot steady; No.

2 red, No. 2 hard, $1.33 No. 1 Manitoba, $1.50, and No. 2 mixed durum, $1.35 c. i.

f. track New York: to arrive. Corn Spot steady; No. 2 yellow and No. 2 white, 83c, and No.

2 mixed, 83c. i. New York, all rail. Oats Spot steady; No. 2 white, 47c.

Philadelphia. Philadelphia, July 3. Wheat lower; No. 2 red winter, garlicky, Corn steady; No. 2, for 73c; No.

3, 71a72c; No. 4, W. 51 74 1. nav Infc fnr Ifino 1 fenrlA XT ryenow, 70a77c; No. 3 yellow, 75a76c.

Oats firm: No. 2 white. No 3 white. 45Va46c. 'Flour dull; soft winter' straight.

nearby, hard winter straight. short patent, spring firsts clear, 75; patent, short patent, $8a 8.50; fancy spring and City. Mills patent, family brand Hay dull; timothy No. 1, $21a 21.50 No. 2, $19a20; No.

3, $16al8; sample, $lial5; no grade, $Ua13; clover mrxed mixei1' $20; No. mixed, Bran dull; soft winter, in 100-pound sacks, $23a24; spring, CALL MONEY. Mixed Collateral "Range 4 6 Renewals 434 4 6 INDUSTRIAL COLLATERAL. Ran ire 4 4a5Va 6 Renewals 4 4 Bankers' ccept's. 4 3 TIME MONEY.

414 Mixed Collateral-Sixty days, 4a4Vi Ninety days 4a44 Four Five months 414 Six months 4U 4a4JA 4a4U 4a4V4 4a4V4 414 6 6att Ca6Vj Savings banks investments in that section. alioliday previous day's quotations. ACCEPTANCES SPOT DELIVERY. Quotations for, bank and bankers' acceptances in the open market. 90 days.

GO days. 30 days. Bid. Ask. Bid.

Ask. Bid. Ask. Prime eligible bills 3 3 3 3 3 FOR DELIVERY WITHIN 30 DAYS Eligible member nou-member banks. 3 bidi 3 bid Ineligible bank bills 3 bid Toledo.

Toledo. Ohio. Jnly 3. Wheat Cash, July. S1.1S; September, $1.19.

'loverseert Prime, cash, $13; October, $11 December, Alsike Prime, cash. ill.75: August, October, $11.35, Timothyseed Prime, cash, September, $3 December, $3..

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