Evening Star Newspaper, June 21, 1923, Page 29

op PPLE NENFLAN + DRE FOR TRADE Eastern Growers Out to Hold Own Markets Against Capture by West. BY J. C. Special Dispateh to The W YOR June of the eastern states have a determined campa’gn to contest the markets of the east with the producers of California and the rorthwest. Fruit growers of New York, Massachusetts, Vermont, New Hampshire, Maryland, North Carolina and Pennsylvanla have banded together in a permanent organization for that purpose. Feeling that better packing and srading have been largely responsi- | ble for the success of western grow- ers, this organization using every <ffort to secure improvement in those respects, and to that end will hold | @ big_apple cxposition In this city next “fall, not to show faney fruit cr plates of prize apples, but to in- dicate to buyers and consumers just what the eastern orchards have to offer in commercial quantities. “Whether the growers of Washing- ton get $1.25 for choice boxcd apples, or twice that sum, depends on what 19pPens in the competing states in New England, the south, and the middle west,” H. G. Fletcher, manager of the Northwestern Fruit Exchange said today. “In 1921, Washington produced 2 third of the entire winter- ikeeping commercial apple output of the country, becausc of the spring blizzards, ich destroyed the crops of some other state In 1922, there was a terrifically big crop of apples all over the country. Combined with a4 car shortage in the Pacific north- west, that put all the growers bae and caused a serious condition. This year, because the crop outlook of the ompeting states of the east, south. ast and central west is not so good, there is reason to believe the Wash- ington - growers wlill recover the £round lost last year. Heavy Apple Crop Seen. The fruit is finely weather con- ditions are ideal and given a sufficient T"m’“. of cars next fall, there shouid a_turnover of apples amounting 000,000 at the very least from fistricts which produced a $30,- €08.000 crop in 1921.” _b S. Ray, representative of the di- l1 of crop and live stock estimate the Department of Agriculture, headquarters in Spokane, esti- ed today that Wasihington would Produce one-fourth of the commer- winter-keeping apples of the country und that Washington, Oregon | and Tdaho combined will prodice one- ;h\rd of the whole crop of the coun- Ty, “Frost d o New Colorado 21.—Apple age and other conditions York, Illino Missouri and have greatly reduced the prospects for crops in these states,’ bie said. He estimated that W ashing- ton would produce 23,991,000 boxes and Oregon 4.857.000 boxes New York estimates, he asserted, showed @ drny\_|rw-m 6.000.000 barrels last Year to 5,754,000, a barrel being equiv- | alent to about three boxes. If his figures prove correct, Washington | growerss will recelve approximately $35.986.500 for ioeir pr figuring , 4t an average price of $150 a box. Hard to Fix Wheat Prices. The price 1 the markets | 1 to Auctuate rs here and belief that the national to stabilize and ad- ¢ that commodity effcetive for many carried | rence them- | ] ¢ there could | of the economic situ- regard to the production wheat until the price | i in the United States. The problem, they added, was not en- tirely within'the control of the farmer, but must be worked out through co-op- eration with labor, railroad and banking interests and the consumer. and traders admitted y the national wheat crease domestic con- be a helpful factor but doubt was ex- the results [ .apparent in time to | this year's crop. It also was it that any investigation by Cominerce Commission ht rates could not be | ime 10 affect the 19 be no soiu ation with of Americ ontrol re confere sumptic in raising pri could affect poin the Int of ex completed in crop moveme Northwester ect i farmers, however ancial aid in handhing this ear's crops through the opening to- day of the new Tutermed e .Credit Bank at raul Action on applicat.ons for loans will begin this week. FORD PLANS HUGE NEW POWER DAM Want Big Plant to Supply Power! for Factories in Northern Michigan. ex Ry the Ass MADIS! ted Press Wis.. June 21.—The Ford Connecticut, | FINANCIAL. THE EVENING STAR, WASHINGTON, D. [ NEW YORK CURB MARKET BY WILLIAM F. HEFFERNAN. NEW YORK, June 21.—The panicky 1ling which broke out on the curb market Wednesday following the an- nouncement of an. important Wall street failure and rumors of more to come, was no longer in evidence to- day. Oil shares rallied in the early ses- sion from the low prices of the previ- ous day, but the upward movement was checked for a time following the publication of erude oil production figures by the American Petroleum Institute for the week ending June 16. These showed an increase in the United States of 55,600 barrels daily production over the preceding week despite persistent reports that efforts were being made to restrict output. Standard Oil _of Indlana, Prairie I'ipe Lire and Vacuum Oil were the leaders in the recovery on what ap- reared to be shcrt covering. Losses of 1§ point to 2 points were recorded in Indiana and Crescent Pipe Line. NEW YORK, June 21.—Following is an official list of bonds and stocks traded in on the New York Curb Mar- ket today: Sales in thousands. 1 Alnm BONDS. iigh L 108% Am Cot O 6s ... 911 Am Gar & Elec 6v.. 94 Am Light gs w't wr 1007 Am Roll Mills Gs.. 09ig Am T & T 6a '24.. 1008 Anaconda 6s 101% Ar & Co of Del'5igs 87 Asad Sim Hdw Gl eth Steel 7¢ '23.. Belg Can Pap 6y Beth Steel s °35.. Can Nat Ry Eq Ts. Can ‘Nat Ry Os .. Low. 10814 iy 94 100% o 1001 1011 P 5iys. 3 Git Sery 7o 5 Cit Serv 7s D. 8 Con Gas Bait 3 Cons Textiles & Cuban Tel Tiss 2 Deere & Co 7 Detroit Ci Deiroit Edison Dunlop T & R 7s Federal Sugar 6s ... Fed Sugar 6 33 Fisher Rody ds Fisher Body 6s '20.. Fisber Body 6s Fisher Body Gs Gair Robt 7s....... Gen Asphalt 8s . .. and Trunk 6is.. Gulf 01l of Pa 38 .. Hood Rubber s i Kennecott Copper oba Pow_Tx Switt & Co Bs ... Unit Oil Prod Tnit Ry of Ha blic of Russlan Govt 31y Russian Govt Sige. . Russ Govt 61zs cfs. Saies STANDARD OIL ISSUE: {tu units. 4Ty 31y 14k &1y 153 100 100 Anglo Am 0l Buckeye P L. 0 Crescent P L .00 1T 0 Cumberland P L. 100 0 Eurckn P L........ 100 ial Sig 0il 801, teesis 96 700 Inter] Pet Co Ltd 18% 140 Magnolia Pet ..... 1284 2485 900 Yheuum Oil new .. 47 Sales INDEPENDENT OIL STOCKS. in hundreds. 12 Ark Nat Gas Barrington 011 Big Indan Ol ... Roston Wro Oil ... . arib Synd ities Service ities Service ptd. t Serv B fs ... Creole Syndieate .. Enginears Pet oral 0il i 20 i 7 Gulf Oil of Pa 30 Hudson 0l 2 Humphreys O . Royalties ... 10 Kesstone Ranger .. - 6 Kirby Pet 20 Lance Creek . 3 Livingston Pet 1 Lowry Ofl 1 Mugna Ol 5 Marland . 76 Maracaibo Oil - 9 Mex OIl . < 120 Midwest-Tex 0i1 .20 24 Mountaln Prod 1 Mountain Gulf 120 Mutual Oil vot cf 5 New Bradford Oil 2 New Mex Land 9 Omar Ofl & Gas 20 Peer Oil Corp . 26 Pennock Oi1 : 29 Phillips Pet new.. Royal Canad 0 & R 298, aiy 1 Salt Creek new 2 Santa Fe 0 & 1815 =2 Motor Com plied for a permit crate and Menominee river, in Florence county, Wis.,, the railroad commission an- ! nounced today. The dam wbuld be 400 feet long and 30 feet high, designed to provide wa- 1 any of Detroit has ap- to construct, op- maintain a dam in the ier power to deveiop 25,000,000 kilo- watt hours annually for the Ford plants in northern Michigan. The site is three miles west of Ironwood, Mich., which is the bound- Wisconsin_ and upper The application is signed B. Ford, ary between Michigan. by Edsel company president of the POLISH MARK HIGHER. -First Day’s Attempt a‘ Stabiliza- tion Meets With Success. WARSAW, June 21.—In _conse- quence of the measures taken by the government to halt the fall of the Polish mark, the dollar yesterday was quoted at 100,000 marks, as com- pared with 170,000 the night before. About fifty. speculators and brokers have been arrested. RAIL STRIKES COSTLY. New York Central Reports Loss of $2,000,000 in 1922. NEW YORK, June 21.—The strikes| of coal miners and shopmen were re- sponsible for a decrease of nearly $2,000,000 in the net income of the New York Central Railroad Company for 1922 compared with 1921, ac- cording to the company’'s annual re- port. Operating revenue Increased more than $24,000,000 to $316,620,098, but operating expenses also increased nearly $29,000,000. NEW INSURANCE SCHOOL. BALTIMORE, June 21.—As a special department of the Baltimore College of Commerce of the Young Men's Christian Assoclation, a school of life-insurance underwriting has been sorganized. Classes will be held twice a week. Clark, former president of the Baltimore Life Underwriters' Association, will be dcan of the school. Acme Coal new A wiine Paper m ng Arm & Co of D pfd. Torden & CO ...-.. Bridgeport Mach wi British Intl Corp A. Brooklyn City R Buddy Buds Lo Centrifug_lron Pipe Checker Cab Mfd A Chicago Nipple Chicago Nip B tr.. Chi_ Steel Wheel pt Cleveland Auto . Colo Pow & Lt. Congoleum . Cox. Cash Stores . Curt Aero € 0 D.. Dubilier C & Radio Durant Motor ... Durant Mot of ‘Ind Du Pont Motors B EEaDesa®e-y 19° 207 % % oS abRan 25 %4 270 3 12 i 441y 4 T 42 Fed Telegraph Gillette 8 R Glen Alden ~Col Goodyear Tire Heyden Chem... .. Hud & Mann R'E 1 Hud & Man RR pf. 1 Hydrox Corp ... 4 Inter Cont Rubber. 4 Lehigh Valley Coai 3 Libby, McN & L ow 1 MeCrory Stores 5 Mesabi Tron 4 Midvale Co Leather ... at Sup Co of Dei. . ew Fiction Pub Co 1 N Y Teleph'e Co pt 1 North Amer P & . . 3 Patterson Br Tob A 3 Peerless Motor ... 8 Prima Radio C 40 Radio Corp u T. 23 Radio Corp pfd 1 Repetti Candy 1 Reo Motor ..... 1 Shelton Looms pfd. (AP 0 10 80 3 & Un 4 Un Pft Bhar ne Unit Retatl OCan o Ret Can £ . 8 Lt & Heat ... 8 Lt & Heat pfd Uai Fipe pidw'h. 0f Warne' Cobl ern Feed Mixr o Taxi Corp N ¥ 181 MINING. 1 Alaska Brit-Col 1 1 3 Amet pe mmeit 1% A% 80 Ariz Globe Cop 407 40 830 Belcher Extens ... .04 * 04 04 a8 8 $ 50 42! I3 5 5 35! us U U v U 8 " 1 5 9 8 3 5 ax B wuni.:::'s:a...‘ 8 W 2 Yel 50 Black Hawk Cons... .16 I Received by Private Wire Direct to The Star Office. Standaré of Indiana was well sup- ported throughout. Cities Service common, which had figured in the recent selling respond- ed with a sharp advance to the de- claration of the regular monthly dividends. Selling ccntinued for a time in a number of the other inde- rendent oils, but the losses were comparatively small. In most in: stances the presence of more effectt support was quickly noted and this support made itself felt as the day went on. Maracaibo was helped by the com- pletion of the second chapter in the deal with Gulf Oll. This was in the shape of a payment of $725,000 made to Maracaibo for the Gulf OIll un- der the arrangement for the ex- ploitation by the Gulf company of 100,000 acres of Maracaibo ofl land in Venezuela. Under the terms of the deal, Maracaibo {8 to receive a roy- alty of one-third on all oil produced. Price cut announcements by several tire companies today were reflected in lower prices for Goodyear common. Motor shares were little changed with the exception of Stutz which advanced over a point on short covering. Boston Mont Corp. 3 Dutte & Western . umet & Jerome rio Copper . delaria Min Creswon Gold . 19 Dolores Esper . 10 Nat Cop. tuna Mines .. idficld Deep Min |13 5 Goldfleld Florence. 10 Goldfleld Jackpot.. - 40 Harmill Div . 60 Henrietta S| 1 Hill T 1 Hecla ) 2 Homestake Ext. o4 Howe Sound =0 50 Independence Ll 10 ron Rlomom o 2Jerome Devel 55 n_ Copper Bt oo Tin' 1 New Cornelia 0 ew Domigion Coj N Y Porcy 2 North N 44 Ohio Copper 12 Premier Gola Min 9 Ray Hercules Ine 60 Bed Hill Florence 14 St Croix Cons 90 Sil Queen Min Co . 31l Mines of Amer © ver King Cons - 10 Silver Piek 1 Snow Storm §) 90 Spearkead Gold 10 Stewart Mines reck Hughes . 3 Tonopah Divide 15 Tonopah Extens 80 Tolumne. d Enstern Imperial La 4 93 B0 West End Bar o — Washington Stock Exchange SALES = :nh’x‘.r:lmn Rwy. & Elec pfd.—10 at 2%, L aRTRon Gas Light—10 ac 4 i AFTER CALL Washington Gas Light—10 at 48, 10 at 451, Money—Call loans, 5 aud 6 per cent. BONDS. Bid and Asked Prices. | PUBLIC UTILITY. | Amertean Tel & Teign. is. Amer. Tel. & Telgn. 4 Am. Tel. & Tel. cil. tr, 5s.. . ] Americua Tel. & Tel. conv. s . Anacostia & Potomac Bu. ... Anacostia & Potomac & C. & P. Telephone 5a Ches. & Pot. Tel. of V. Capifai Traction R. R City and Suburban eorgetown Gay 1st 5500 Metropolitan R 1. 3x.. Potomac Elec. 1st 5u Potomac Elec. cous. 5 Potomne Elec. deb, 6s...... Pot. Elec. Pow. g. m. 6 Fot. Elec. Pow. g. m. 6s I Pot. Elec. Pow. & m_ & re Wash., Alex. & Mt Ver! sh., Alex & Mt Ver. ctfs. shi. Balt. & Amnap. Ss.... shington Gas s........ 10 at 765 MISOELLA: D. €. Paper Mfg. ... Riggs Realty 5 (loug) Riggs Reaity 3¢ (short) Rec. Storage & Safe Dep. fa.. Wash. Mt. Cold Storage 5s. Wardman Park Hotel s STOCKS. PUBLIO UTILITY. i American Tel. & Telga { Capital Traction 2 | Washington ¢ Norfolk & W Wash. Ry | Wash Termina i apital umbia § Commereial | District % | Farmers' and Federal-American Liberty ....... Lincoln . £ National National Baok of Washing! TRUST COMPANY. American Security and Trus Continental Trust. | Merchants' Bank National Savings Tnion_Tro: Washington SAVINGS BANK. | Commeree and Savimgs.. | East Washington Saving; | Becurlty Savings & Com: | Seventhh Street.. {United states.. Washinston Mechanic FIRE INSURANCE. Ameriean Corcoran Natioual Uniol TITLE INSURANCE. Columbia Title. . Real Estate Titie. MISCELLANEOUS, Columbia Graphophone com »‘f'"i"m ler Linot; ergenthaler Linotype . 0ld Duteh Market com. 0ld Dutch Market ptd. Lanston Monotype | Security Storage. i Washington Market. { Yellow Cab. *Ex divid SHORT-TERM SECURITIES. (Quotations furalsbed by Redn.ond & Ce.) Bid. 1084 106% 90 100% 1 i 1013 Alpminum Co. of Amer Ts 1925. Aluminum Co of Amer. 7s 1933. American Cotton Oil 6 1924, American Sugar 6s 1987.. American Tel. & Tel. 6o 1924 American Tel. & Tel. 6s 1923 Anaconda Copper s 1929. . ‘Anglo-American 01l 7lgs 1925 Bell Tel. of Canada 7s 1925. Canad Cent. Al 5 ; Du Pont Tigs 1981. Federal Sugar Ref. ‘6s 1983 Goodyear T. & R, 8s 1031 Great Northern s 1936, Hocking Valley 6s 1924 Humble 01l 5i4s 1932. Kansas olty Term, de Kennecott Copper 7s 1980...... Libby, McNeil & Libby 7s 1981.. M S P &8, 8 3 o3 1081 Penna. R. K. 78 1980. . 8t. Paul Union Depot 3i4s 1923.. Bears, Rosbuck & Co. 7s 1923.. Standard OM of Calif. 7s 1981.. Bwift & Co. 5s 1982....... . Tidewater Oil 6! Union Tank Car U. S. Rubber 73 1980. Western Union 8%4s 1936, Westinghouse E. BAR SILVER QUOTATIONS. LONDON, June 21.—Bar silver, 31 5-16d per cunce; money, 1% per cent; ‘discount _rates, 'short bllis, 2%, cent; three months bills, 23a23-16 per_cent. NEW YORK, June 21.—Foreign bar silver, 64%; Mexican dollars, 49, 4 i dail ; |oil (crude and refined ofls) at Atlan- - i the court putting into operation . | ders since mid-June. :!BUSINESS MEN START per COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY ST. PAUL, June 21.—Continuation of the present gas rate of 85 cents 1,000 cubic feet is forecast here today as a result of a new contract nego- tlated by the St. Paul Gas Light Com- pany and the Minnesota By-Products Company. SHREVEPORT, La. June 21.—The daily average production of crude ofl in this district rose to 233,000 barrels in the past week, which was the highest in three years. Production ‘tihe week before was 183 barrels ‘a ay. KANSAS CITY, June 21.—The fa- mous Woodford herd of Herefords bought from the estate of the late E. H. Taylor of Frankfort. Ky. by R. J. Cunningham of Turtle Creek, Pa. Is being moved to the Cunning- ham farm, near Pittsburgh. The herd consists of 350 thoroughbreds. NEW ORLEANS, June 21.—Louls- iana’s crop of perique tobacco, which is famous, will be cut nearly in half this season by a disease kKnown as blackfire. The state usually produces about 450,000 pounds of this tobacco, which is highly valued for its strength and is used as a flavoring for Turkish and English blends. June 21.—Demand has improved and it is estimat oday that etocks In manufacturers’ warehouses will be absorbed before early autumn. Plate glass is in large demand. May pro- | duction is now estimated at the rate of 100,000,000 square feet for the year. PITTSBURGH, for window gl ST. PAUL, June 21.—Sales of build- ers’ hardware and plumbers’ supplies in the northwest are 30 per cent greater today than they were a year ago, according to local dealers. Thers is some hesitancy manifested in cer- tain hardware and automobile acces- | sory lines, however, due to increased prices CRUDE OIL OUTPUT | GAINS DURING WEEK Petroleum Imports Show Decrease, | According to Latest Sum- mary of Reports. By the Associated Press, NEW YORK, June 21.—The daily average gross crude oil production of the Unitea tates increased 53,600 barrels for the week ended June 16, | totaling 2,131 0, as compared with i.’fl?vi.""v'\ barrels for the preceding j week, according to the weekly sum- | mary of the American Petroleum In- | stitute. The daily average production east of the Rocky mountains was 1.346,85/ barrels, as compared with 1,336,250, an increase of 10.600. California pr duction was 785,000 barrels, as com pared with 740,000, an increase o prings is reported barrels against 241.000;! 182,000 barrels as against d Huntington Beach, 111 000 | against 105,000 1 According to flgures collected by {the American Petroleum Institute, |imports of petroleum (crude and re- | | ined lr!IS.) at the principal ports for the week ended June 16, totaled ! 1.403.000 barrels, a daily average of | 206, compared ith 2,160,000 a ' average of 308, for the week | |ended June 9. Receipts of California | tic and gulf coast ports for the week ended June 16 totaled 1,039.000 bar- ;irels, a daily average of 148.429 bar- ? | rels against 1, 646.000 barrels, a daily i {average of 235143 barrels for | week ended June 3. RESERVE BANK ACTS | IN RULING ON CHECKS | the Rehearing of North Carolina Case | Aim of Plea Before | Supreme Court. i Counsel for the Federal Reserve Bank of Richmond. Va., today pre- | sented to the Supreme Court a mo- | tion for leave to file a petition for a | rehearing in the case brought by the | Farmers and Merchants' Bank of | Menroe, N. ., and others. in which | ths court. on June 11, sustained the i |valldity of the state law under which {state banks were wuthorizea to char a commission for their services in the | fcollection of checks drawn upon rhem. | The effect of the motion will be to I prevent the issuance of a mandate hy ! the its decision until after i. reconvenes next October and determines whether it will rehear the case. :|BUSINESS TAKES SUDDEN ; SLUMP IN NEW ORLEANS Speclal Dispatch to The Star. NEW ORLEAANS, June 21.—Practi cally every line of jobbing trade he: {has felt a material decrease on o Collections have also siackened materially. Business for {the first half of this month was good | slump. except for climatic reasons | {An unwillingness to contract far ahead is noticeable. Retail trade. however, continues brisk, with tra eling equipment a leader. House- furnishings are slightly less active. | | WAR ON FIRE LOSSES! Special Dispatch to The Star. PHILADELPHIA, June 21.— Busi- ness men have organized a fire-pre- vention association to put into effect practical preventive measures against loss by fire. Losses here for the last four years were as follows: 1919, $3,643,502; 1920, $8.081.086; 1921, $5.- §11,943; 1922, $4,355,108. The fire in the Bond street station recently may bring the loss this year above that for 192 RAW SILK WEAKER. NEW YORK, June 21 (Special).— The raw silk market here showed a de- cidedly weaker tone today aithough Yokohama was unchanged on transac- tions of 600 to 700 bales. Quotations were: XXA 13-15 and 20-22 denier 8.50; XXB 8.40; extra 8.20; best No. 1 X 810, best No. 1 8.05; Kansai No. 1 Canton 14-16 8.00; Canton 20-22 LEGAL NOTICES. JOHN C. GITTINGS, THOS, MORTON GITTINGS, Attorneys. {IN THE SUPREME COURT OF THE DIS- | trict of Columbia, Holding a Probate Court. % | —In re estate of Stilson Hutchins, deceased. | Admn. No. 189%3—The notification the irial of the lssues In this case relating to the validity of the paper writing dated the 27th day of May, 1008, ng to be the last will and testament of Stilson Hutchins deceased, having been returned as to Mildreil Rogers, Abby Somerby and Lee to be found,” it is this 1st day of June, 1923, ordered that the issues be set down fo on the 3rd day of October, 1t 2.m., and that this order and the substance of said 1ssues, to-wit: 1. Was the sald Stilson Hutchins, at the time of executing said paper writing bearing date Max 27, 1608, of sound wad disposin mind and capable of executing a valid d or contract? -°Was the execution, by said Bt Huichins, of sald paper writing bearing date May 27, 1908, procured by the undue in- fluence of any person or persons, exercised over or practiced upon the said Stilson Hutchins? Sball be published once a week for four weeks in the Washington Law Reporter and twice & week for the. same perlod in The Evening Btar newspaper. F. L. SIDDONS, Justice. (eat) A true copr. Attest: JAMES TAN. NER, Register of Wills for the District of bia, Clerk of the Probate Court, 17,9,14,16,21,23,28,30 iand damaged the fruit, but a fairiy good | and the trade is unable to account for the | | C, THURSDAY, JUNE 21, 1923, ] FREIGHT TRAFFIC NEAR PEAK RECORD | Car Loadings for Week Ended June 9 Total 1,013,248—Car Shortage Disappears. 'u’“—lmh Ml:l:' trust, Ex- tommive e tive vapaehiss n railrend, 3 ‘administra. soclation and Government ‘work. If initiative; thornughness und taoct combined with abfity are essentials I can bs of value. Address Box 46—V. Star_Offce. 22 Of Our First Mortgage Investments are placed on the most con- servative valuation; mever has one of our cifents lost as much as a single penny in either principal or interest. We collect and remit interest the day due, furnish insured title certificates. Can accommodate investors with amounts of $250 up to $5,000 or more, bearing 7% in- terest. “Invest in first mortgeges and be safe.” Chas. D. Sager Loan Dept. } M. 3‘; 924 14th St. I WILL SELL 38 5 Chapin-Sacks 8% at 100. 20 Chapin-Sacks 7% at 80. 500 Miller Train Control at 1.55 | 200 Scott Gas Appliance at 4% 3 Int. Finance Units at 80 Genl. Finance & Security at 80 | Thomas L. Hume, Broker 1412 G St. M. 1346 Cars loaded with revenue freight during the week ended June 9 totaled 1,013,249, according to the American Ratlway Association, which announced today that, while the loadings were within half of one per cent of the| record week in history, car shortagé | had virtually disappeared for all| classes of equipment. It was the second time this year | that loadings exceeded the million | mark, the total for the week ellded| May 26 reaching 1,014,029 cars. Car shortage during the week ended June 9 totaled 12,978, but at the same time approximately 41,000 surplus freight cars, the sociation sald, were in good repair and available for servl(‘.el Whenever trnsportation conditions ! warranted. H PEACHES LESS PLENTIFUL - IS GOVERNMENT FORECAST| CHICAGO, June 21.—Peaches will be | iess plentiful by about 10,000,000 Leh- | els this year, judging from the forecast || of condition on June 1, according to the (|| fruit and vegetable review of the Federal | || Bureau of Agricultural Economics, is- ||| sued yesterday. Spring frosts generally delayed the early peach crop picking | crop of the late varieties is anticipated. The total peach crop is estimated at | 46,625,000 bushels. orgla probably | will have a million bushels more than ||| last year, but California’s output prob- | ably ‘will be 2,500,000 bushels less than ||l the large 1922 crop. A short crop also | — is predicted for the Carolinas, Arkansas, 'Sountheastern Missourl, Okaihoma and Colorado. New | York's crops will not equal that of last | year. Express Company Atlanta, Ga., June 19th, 192 A semi-annual dividend of a outstanding pital stock of Southeastern S L I e B rnl e e e e e January Ist. 1923, to June 380th, payable on and after Monday, July A T3, 5o " stockboldors of " rerord " on tue Rodks of the company a fhecioee oF Dkl ness on Friday, June 22nd, 1623, Cheques will be mailed. B l[tl'l('.Ah,?flY HEAT CLOSES MILLS. LAWRENCE, Mass., June 21.—The Pacific Mills, some departments of the mills of the American Woolen | Company, and several other smaller manufacturing concerns were shut | down this noon because of the ex- EQUITABLE Co-Operative Building Association Organ zed 1879 434 YEAR COMPLETED Assets . .. .34,657,959.58 Surplus ... «..$1,180,880.91 Save While You Have the Opportunity The systematic saving plan of the Equitable has ed “invaluable to thousands who adopted jt—and It will prove just as helpful to you Subscription for the 85th Issue of Stock Being Recelved Shares, $2.50 Per Month EQUITABLE BUILDING 915 F St. NW. JORAYN JOY EDSON, President FRANK P, REESIDE, Scey. CITIES SERVICE SECURITIES Bought, Sold, Quoted THOS. W. BRAHANY & CO. Investment Securities 510-11 Evans Building Washington, D. C. 'Money to Loan “fiu"fi!fi::""‘;l ‘l:o':d"ll trust on :'fl estats. | Home Fumiture LOAN From $30 to $300 on real est household goods_or cuattels, o cont irterest. No bro Come in and 1ot s ex) Room, StONW System Copycis Security Salesmen ~ W.T.Chapman Representing The Durant Corporation Continental Trust Bldg. Main 5757-5587 > Personal Bond Required GILT-EDGE SECURITIES 7% First Mortgage Notes Secured on Improved D. C. Real Estate | Appraised by Experts of 35 Years’ Experience Without a Loss Offered in Denominations of $250 and Up A Good Investment. WILL PURCHASE First and Second Trust Notes Warehouse Receipts and Make Construction Loans National Mortgage & Investment Corporation 811 Vermont Avenue N.W. Your Maturing Investments F you have an investment about to be paid off, you will want to get the high- est return by keeping your principal con- stantly at work. Our organization is so planned that we can keep your money invested and re- invested in First Mortgage Notes on improved Washington real estate, so that your principal is earning for you without intermission. These Notes are obtainable in denomi- nations of $100 and upwards. Call today and arrange to reinvest promptly the funds made available by maturing in- vestments. Swartzell, Rheem & Hensey Cp. 727 15th Street Northwest 54 Years Without Loss to an Investor FINANCIAL, Save and Invest We have just recently converted a number of properties into our First Trust Real Estate Notes, be- cause the owners would not return to Washington for five years. They wanted a steady, known return. SAFE INVESTMENTS 3 WITH A WIDE MARGIN OF SECURITY, Paying 6 and 612% & (PAYABLE SEMI-ANNUALLY) » Shannon & Luchs First Trust Notes Built on a Straight Line of ‘Return Not a Fluctuating Value Sold in Denominations of $100, $300, $1,000 FULL INFORMATION i i [SHANNON- & LUCHS Since 1906 n MORTGAGE DEPARTMENT 713 14th Street N.W.. The active- demand for our 614 % First Mortgages indicates a growing un- derstanding of these most iniv e sitments. Ozer a attractive Quarter They may be had from $250 up. the day we.receive, your e Interest begins Century Without a Loss remittance. B. F. SAUL CO. Main 2100 1412 Eyee¢St..N.W. FIRST MORTGAGE NOTES FOR SALE IN DENOMINATIONS OF 500 DOLLARS AND UPWARDS Findild I Honer # % 1207 Gonnecticat Stoenue Reinvest N2 Fifteenth Strect Main 6338 Your " FIRST MORTGAGES The Safest Security on Earth Every mortgage is less than 50% of the ready market value of the property 1. Absolute Safety. 2. Reliable Security. 3. Liberal Income. 4. Insurance Against Loss. 5. Protection Against Depreciation. 6. Prompt Payment of Interest. 7. Repayments of Prinéipal in Full at Maturity. Convenient Denominations—Write or Call for Information WILLIAM S. PHILLIPS First Mortgage Investments 1409 N. Y. Ave. N.W. Main 4600