Evening Star Newspaper, May 28, 1924, Page 31

FINANCIAL. THE EVENING 81 y 'ON, D. O, WEDNESDAY, MAY 28 1924. FINANCIAL, - FEW MINOR CHANGES NEW YORK CURB MARKET PROSPECT FOR COAL |(BOOM IN PORT BUSINESS.| RESERVE BANKS HIT IN MARKET PRICES | Recelved by Private Wire Direct to The Star Office INDUSTRY IMPROVES 3';::::030::1:::!::: m::ek BY TRADE RECESSION Desirablee:)ficeg i%:i:;l‘: AB 315;5 BY WILLIAM F. HEFFERNA again In demand at higher prices, BALTIMORE, May 28 (Special).— iati uotati 3 . Eae while Hudson and Manhattan common i Rige s " Resovering | P " .|l —in our Bank Building, facin, Association Quotations on Poultry and Live |spe “{\',”‘{1:;',:' li.,vl{.;.,u.,l_s rading. 1o | BEId A Around 16, Buying gu,h,wm, Outlook in Bituminous Field, How- zfige“,’,;‘"s":;fn ;("'; "‘;:;glgm".f the | Continuing Business Trend Down. New York Avenue, avallabl’é Organized 1579 NE . May 28.—Trading publication of the report of opera- own by the weekly report of the ine i une nable ren - Stock Products as Reported by the curb market continued small and | ons of the latter ‘company ;llu;“:):;g ever, Held Long Way From f"”ecmr of the port, an o boon | ward May Bring in Lowest Net 'J,Iy n'}ainRte;::::m e rent. Ap. B s poies S s wenexd v la - pril. is showed a gross of §$1,413,- A ast wee Exports, _consistin 5 5 Commission Merchants. the general body of bonds moved | 3gi" 5oy ingt $967,108 In 1923, tisfactory. lurgely of solld cargoes of steel ang Earnings in Seven Years. y Axwets ............84,755,17053 S with indecision. Dubilier Radio continued in demand copper products, sugar, lumber, ma- Surplus oo aeee s 831,248,320.98 — Todd Shipyards jumped 3 points xl\h(we ‘3.;. !‘:‘ho bru%‘mg is :ahl :‘(;"l’; = thu[. ry and grain, totaled $1,855,870, £ r : MEATS STEADY, EGGS HIGHER. | between sales, etting up to 48 again, | 1 anticivation of increased warninés| y ARGE CONTRACTS SCARCE | “8uinst $661,036 'for the previous| REVIEW OF APRIL AND MAY. SAVING BANK The Best Way to Save e < despite the unfavorable showing in | Super-Ducon. Imports were swelled by whole the report for the year ended March | Among thé high-priced specialties shiploads of ores, sugar, ofl, fruit, 1336 New York Avenue 18 'In u systemntic fashion. Eat Vegetabl i i 31. This disclosed @ deficit of $696.- [ Borden & Co., sold higher. The rise : ing | molasses and foreign manufactured ine i loyme: BE AR vho 4 e Supplies Reviewed by |3l This disclosed a deficit of $656.° | Borden & € ool e 1tn bower | Anthracite Regarded as Facing Produets, reaeniorisn manufactured | Decline in Factory Employment < S for the previous year. The |and Increased activity in Tennessce 5 778, This exceeded the precedin . B Subseription for Agriculture Bureau. Jump of 3 points, however, was us- |Eleetric Power second preferred were Much Better Situ- week's showing by more than half & and Basic Products. - Cribed to the fact that the shipping |sympathetic with the better tone to q million ~dollars, The increase was ———— A few minor change: Jrices of | INQUSITY has been showing substan- | this class of stocks on the big board. . jargely due o JDeavy arrivals of | (oniinying recession In business kS ot Aok Lo rainor changes in prices of Ltial improvement. Little could be said of the move- fruit boats released by settlement of ‘emmission merchants' poultry and| Hudson Company preferred was!ment in the oil group. i the strike of Cuban dock laborers. may operate this year to bring to Hve stock products were reported _— BY J. C. ROY — the federal reserve banks the lowest Shares, $2.50 Per Month by them today. Ezgs were unde NEW YORK, Ma vi . 5 a5 0 The Stay c net earnings in seven years. e . May 28.—Following is Superior Ol War B 425 A 0 x100d to be selling at 24; hen an official list of bonds and stocks Wicox Olt & Gas.. 3% NEW YORK, May 28 —The outlook 0CA COL C MPANY |"“Tni was announced by the Federal EQUITABLE BUILDING leghorns, 35, and spring chickens, 40a | traded in on the New York Curb 7 Woolley Pet . il for coal seems to be brightening, but Reserve Board in findings published @ i T kit IRDUSTRIALS. s SUED FOR sfi 833 449 (Bdsy, Il WEIch It yas axpiacdi et 30, acee o size. Top calves NDUST! aco . 3 oday, In whic as explaine F ST according to size p calves| rE - At e ; . |according to men in close touch with y y 915 F ST. N.W. brought about 11 cents and lambs 7 he tndante the downward trend had been appar- -1 Alied Pack pr pd 17 v, the bituminous markets : 0y Weakened to 15a16 B A Tackers 6. Am' Vot Fabric pta o1 ST have wiloneoway ol en Bufars ent since the beginning of the year, JOHN JOY EDSON, President Jobbers in eggs, however, had an Allied Pac X Am Q & El new.wi 63 had continued through April and FRANK P. REESIDE, Sec’y. ) Al 2 A9 Kl ncwwt they are satisfactory elther to mine |, §. Claim i of about a dent per dozen Aluminhm Tanew ¢ ¢ Tovss Horden & 2013 GHters il norlicis The! T for Unpaid Taxes|ecarly May and forced earning assets oI Eréan HeAs by canaTedieERs, 20 bes Am' Cotton Oil 6. 1008 Borlen & ¢ : S SRR e Against Georgia C: : of the twelve federal reserve banks L Am Gas & Elee 630 041 941 ridgenort e bituminous markets gal orgia Corporation, 2 g asked by some for selects and 27 Antitia \(‘“:,‘ T otis et " 0. £ar has been largely in tons and ? |down to $795,000.000 on May 21. This for straight run. They declared the| 34 8014 in the number of inquirles for.ton-| Eresent Owners Not Involved. was the lowest since the fall of 1917. Being Received g Eres il 2 Hples palaldar itient son the (etyets S0 10k nage, although some few contracts April and May Review. e for fairly large amounts recently ATLANTA, Ga., May 28—The suit| The board's review of business for 1001 Dubilier € & Nu\llu Vemetables here as faported by the the south s closely allied with iron There was an easter money market In Our g Coal.. i wnh rock bottom, with better demand in 8 i flocte | ot in the * o A way involves the concern that now [Feflected In a further rise in the zinis sinia, N vodyeur Tire 3 A hers 4 & e < e in s LR el D e | prospect shortly, {8 encouraging to | Sy sl SO e tate. | Prices of government securities; in a tern, medium to large sizes. Dept. Stores. 1 p doted b y atterme it B 7 o o8 o i Howa, T Kresge Dept Sto be refiected promptly in betterment | oo 0 SECIEE COMDERY W n bankers' acceptances. The Tecent il Ma made it necessary to sell this fig- (X T 1091y 10015 have been placed in Pennsylvania and [filled by the government here yester- | April and May showed a further de- Meats were steady and about the i Durant Motor Department of Agriculture, follow: bt 2y % 3 ‘o’ C 5 4 and steel and indications that the [1919 and penaities, is diverted at the | generally in the two months covered o Hazeltine Corp wi 6 coal men. Bituminous prices have reduction from 43 to 4% per eent 3 - 'Winesaps and Yellow Lebigh Power see. 6 My, | Of prices, and many mine owners who reduction from 4% to 4 per cent in T i i dight i i RN TS ooy Y4 i 21, |have had their properties closed | The Georgla corporation sold its|the rediscount rate by the New York [Py 10014 ure in order to realize a profit s piried 1 Doehler D C Co wie y : . ' = < cline in factory employment and pro- ¢ ;] D oMo day against the Coca Cola Company dquction of basic commodities, and, same in price. ) : i 101 The bituminous coul {ndustry in|for $6533,470.62 for alleged unpaid |coupled with this, a sharp decline in Report on Vegetables. E 3 both the east, the middle west and |income and excess profits taxes in|bOrTowing for commercial purposes. L ADDles Suppiies moderate: demand w1014 4 y e 20t 261 |latter commoditics were scraping |old Georgia corporation, and in o |by the board's summary, and this was ight; market steady: barrels, Mary- o Dav o o v e s v a ] Hudson & Man RE 1 touched such low points that it is | ments from company officials, in prime commercial paper and a de- 5 > WP mostiv, 3508395 Doxe Hudson o Dl 317 3 felt that improvement in demand will | The present company was ehartered | Cline from 4 to 3 per cent in the rate “The Safest Security on Earth od_Tenbber 75 Cabbage — Sup- Lo Val (1 new wi o4 in order to reap full benefit of the s effect on the borrowings from that ‘l‘r.';';”‘ rrel ers ‘;\, ,‘.‘_n:'l . rise when it comes. ‘mr $20 hm:l.oo:. The government al- | bank, reserve board officials said. &8 e, antaloupes—Sup- B 4 " o g eges that the Coca Cola Company . plics light: demand light: marke: 3 New S 10 COP.ossnnns Frndnction it Eow: Hkh pald Income and exe Drofit taves Wyislntare Fxless Lower dull: Mexico ponys, 54s, sulmon tint M aths Corp pid 'S Production now is at a low ebb, Tn | hf 84.09 fo & ealends The lack of demand for goods was 1 1 $ S . suls Mextco ponse, Stp, saimon tntr | 21 : ; i § A G| pProduction new e st n low ebb 1o fof 81,048 1808 o the"cafchur G2 |, The Inck of demand for goots was Denominations $100 to $i.. .3 mon tints, few & ; 50, 1 cer ol & Tae i ertios which ship by water routs are 0 Chontd have been "pagd, | Prices. ‘which in April touched the Ry . Tuce—Supplips modera demand n 3 3 Bouhern Cal B p working about 45 per cent of full |[Thé petition sets forth that addi:|l0West point since 1922 and were Northwest Residential and Business Property Only c00d for mood stock: market firm; a - 5 time, while those of rail routes have |tional taxes of $4,552 4641 are due about 1 per cent lower on the aver. orth Carolini, 5-peck hampers, Big g cut down to 20 per cent of capacity. |as also s $2,597,491 il nbe, hA0 I8 March. Fann gioducts Hoston type. 42.50; Virginia, N 3 2 5 In Ilinois well over 100,000 miners |5 per cent penalty for alleged filing | LoWgVer, showed un average increase /‘10[2121 JAFQHZ ca Tolk se s reported ac- P : NN are believed to be out of work or fof a fraudulent and false roturn. The | Grornen orC o g ety And, foods ncomJeomaTes, oNE Inte Bundints - Onlonrs Soaniter [Sas 0 T Working only ‘4 small. percentaks of | tatal ot hocntyaid false return, The |dropped off, as did clothing, fuel and moderate: demand light: 3 e 2 TS F P ow vtew full time. Hundreds of mines in Ohio [cst at the legal rate fram Maren 1o | Chemicals, ' with building material 1416 K Street N.W. Main 617 andard, erates, £ b s at.... 5 and other parts of the middle west |1920, fs sought by the government DF I emalning S s ticatlyT Niun. No. 1, stly 4 "y e 5 are closed entirely. " - - . o B Taiver 1 e wi e st b e comtrane: calls Statement by C. H. Candler. There was a slight increase in the 2 oy ot A 1| Ing for delivery of 10,000 to 12,000 [ A formal statement Issued by |Volume of retail buying In April as Potatoes 1 H v B a1y tons of Connellsville coke during |Charles H. Candler, president of the |compared with March, but the board's stoek dem: r arket 1,01l Prod” 8. MINING June, July and August, was made at [Coca Cola Company, a Georgia corpo- | €XPerts attributed that to Kaster oub) _ harr Cacrnm 08 Ta . 1008 % 3 Black Onk G M .. 4 % | less than $3.50 a ton. This compares |ration, follows: purchases. g aulding Rose, 1 No, 2 o A “ Butte & Western.. with $4.25, which is the figure at| “My attention has been called to| Production declines were espectally ath Carolin, p DLEIOKR i Canarle or Which current contracts for the sec- [the suit filed by the United States|large in iron. steel and coal and in %, Irish Cobblers FOREIGN BONDS. vt Mines. ond quarter of the vear were made |Kovernment against the Coca Cola |ihe woolen industry, but mill con- Old. stock, demand moderates | 1 alian Power Gl 0% 08% 8% Con Cop Mine e ) list Jihary dind Febraary: Coke men | Compuny, the Georgia company, due | sumption of cotton tn April’and the ot slightly’ stronzer: Michig 3 King of Neth 6x 58 9813 g Contes ilver oo 2 “y sy It is impossible to produce coke [to foderal tax assessment for the |{ITSt week or' two of May showed n”ux'y‘,':la"u‘“:n‘f':“” Do TRupgLRcE D, AN N dd Bl T at $350 unless wages are reduced | vear 1810, which based on the[its than the usual seasonal reduc- % 0 per Stra 0 Swtos Gort 8%, i Engineer Gold M LI 2 and some wage cuts already have |assets of the incorporation. Bui GongtEus : 10 Saue Gt ke . GFeka Croesus ..~ 4 taken place in Pennsylvania, t the outset, it i« only fair to] Dullding, construction showed a : North i France Gold These brought wages to the 1917 say that this suif can in no way in- [{rengtheni R ‘“' Heher values in juart crates, Missionar- | sal STANDARD OIL 1 2 dfield " Develop 3 |Seale. A cut of about 20 per cent, [Volve the Coca Cola Company, the [{Aaf u.-"i‘al"{ ' nld!“n Dermits, on r quality an ditlon, (s.00n | 0 ualte. L L e S ceD| Min with a consequent reduction in coke | Delaware corporation, which corpora- [thd arier hand. deeiinn Sinmis: o0 some poor stock, 2.00:5.0 b B P : 9 4 prices by the Lincoln Coal and Coke | tion is now being operated and selling [ ne (oher hand, declined sharply, with Norfolk section, o2 : - | Company, however, failed to produce | the product cocu cola. The Delaware | jne (tel Iower than on correspond- {arL cral es 2 | business ‘and the company closed its | corporation was ‘haser for = - ot Gofor 13; many drdinary quality, 0 Pt ...l 1 ) - 9% | ovens. value of the entire assets of the e Tomatoes—Supplics liberal, dems : 555 K ¥ Copper ‘ Bessryes Beins Shevned, e NEW YOBK DRY GOODS. L L ase moderate, market fairly Steadys o Tone Star The tremendous production of Delaware Company Exempted. W YORK, 28 (Special ong Le EIDEs il LN 3 » January and February of this r. It happens that both companies are | decline in the u ‘silk marke 7 Reasonable Rents fancy count, 5.00: choice ae.- ¢ | ginell ; Was larger than for any other |of the same name, but the Delaware |a week apn comt ik, count, BT 00: green’ and turni . : 3 Similar period in the past. amount. | corporation. Raving . purchascd . the | 3¢ “5okaagc continued to wrapped, fancy count, 4,30 ; s o 5 R e ing to 42000000 to 96,000,000 tons, |entire assets of tho Georgla corPOra- | most cases 15 eonre o opime’ offt 'in | 923-925 15th N.W. stock, wide range in prices. 1 ; s Ray Hereules Ine.. 13 Irespectively, is now being absorbed | tion for value, could not be responsi- | the others 10 conts. © Contane oern String beans—Supplies liberal, de- . s J ‘ W Red Hill Florenes. nd the statisti position has been |ble for this tax off 5 cents. The cotton good = . mand moderate, 1 i oA L AR i Red Werrlor, ...--- uided by the fact that production in| “As president of the Georgla cor-|continued quier bt xn.finfi“:;::;;:;. | (Opposite McPherson Sq.) Carolina, bushel hampe'rs, z .| 800 Vacaum oil new... 61% 5 Roos MaB R Some recent was lower than |poration T want to say the tax re-|The 68 by 72 print cloths were np 1 . : 0 wera ste as—Supplies liberal, demand Silver " Horn Min. . 3 1921. corporation was made by a person |at 914, Wera atouads mast 1 7 at_any time the depression of | turn for 1919 in behalf of the Georgia | v Sales INDEPEND S § Ruby ,Rand Min y tim ¥ irn ha Eia | cent 10%. The 64 b: ,_market slightly | in hundreds. . A good many consumers are com- [ who was recommended as being an > UL co rgin oriolk section, 1 Boston Wyo Oil . 4 3 T . 1% | mencing to feel that to delay placing | expert accountant and that company . I'e . hampers, lar s, best, 2 Carib Syod ... i e 2., | orders for supplies much longer may | depended upon this tax expert to 1412 Eye St. NW. quart crates Missionarl. mall pods, 50; some Gltien Servies 2000 1003 361 : be dangerous and consequently are |make a correct return. It was but noor condition, 1 Cucumbers es Bervigs pid aahel - 2 . : 27 |yanageous. Justat present there s | senting the company had anything to M | : S no higlh pressure in the manufactur- | do with this retarn Arivaln- dbait 7 Y % ing or railroad industries, which con- |~ “I have not yet seen a copy of the ortgages 2 et 3 & 11 Guif Ol of Pa i stitute the bulk of the coal con-leuit that wax filed and therefor. $250 and U : —2 broken and 1 unbroken | 12 lago Pet COMMODITY NEWS sumers. " Later, however the most | cannot discuss the merits of that sui P cars on tracl Hananas—2 broken 2 Nex Panuco E urate anthoritles belipve activity = - 2inbroicen cars on track. feets |8 Yo o200 e | Cprppn GTAR FROM | [ Wit inerdase and insome caoms i = William S. Phillips baskets Virginia G| L Mount Gul may be found that coal reserves are N. & W. Silent on Lease. 5TH ST. AT K N.W Main 4600 Dage—1 crates, Virginia boat 1 X Beadt 2 A ENTIRE COUNTRY | |aungerousiy low. Such a conditton | o oo o B0 B0 SO0 = iroken and 1 unbroken 1 ™ A 1 undoubtedly would lead to a sharp A S My 28— = = — €antaloupes—1 broken o York Oil. N prices and a conseque P | hourd of directors of the Norfolk and . | Carrors=lin vaskicts, i boat| 13 o Corp : FORT WORTH, May 25.—American e e R e S Western Rallway held ita reguls First l\lortgage Loans Celery—1 broken L Gl 5 peer Ofl Corp. ... 4 , May 2 : < fHiceting hevs itoday; but Qid not sive s «—1 Flori : 5 crates| 20 Penn Reaver 0.0 . A1% 417 | cattle men are pleased with the tight- $ —— out any information regarding the [Lowest Nates of Interest and Commisaion. | h Carolina expres tes Wir-||l 8 Resaock Of-.. o ening of the restrictions against im- nerease in Shipments, proposed lease of the Norfolk and Tempt Action @ boat, 1_unhroken car track. 1 Togal Cag O & Ref portation of Central and South Amer- Already the coal situation in De- | Western by the Pennsylvania rail- | Thomas J. Fisher & Company, Inc. | | 738 16th Street | | Servics ptd.. % o ™ g™ | putting out inquiries for tonnage at |fair to add that neither our ac- = Supplics liberal, demand moderate. S g B 1 g i | fizures which they still consider ad- | countants nor the uttorneys repre- 77 First 76 crates, Florida e Lo O ican cattle into Mexico, feeling that | troit has tmproved to such an extent | road. Directors of the ‘lvania “grapefruit, 4 broken and 1 un- alt Creek Prod these regulations will tend to pre-|that Ford Company plans in-| )] ‘meet tomorrow. —_— Broken car on track; lettuce, 1 un- pulpa Refining. vent passage of cattle diseases from |cre its coal shipments and ex- Lroken freight, erates Virginia abourd OIl .. : Mexico north of the Rio Grande. panding the weekly schedules at its = Yoat, 2 unbroken cars on track: mi sunstar Ofl . Y 4 — mines from two to three days a vegetables, 6 broken cars on trac Superior Of War A ATLANTA, May 28—The demand |week. All the Ford mines now are mixed fruit, 1 broken car on track: for calcium arsenate for fighting the [operating to some extent. Coal Money to han l $980 investea Interstate | lemons, 1 California freight, 2 un- boll wee\'ill is lnrhreaslng( and tenant p;'ic--;ln' “[ the n‘i)nl;\\‘l’il ]Sht»\v signs R Public Service Comp."y 6!/1. Il ars on track: onions, 1 Texas . farmers in southwest Georgia are|of stiffening and wholesalers in that ok by /@it dee ot ‘teust ae mea) eotkie: 5 CiiE e Proent, S hrokon and 4 anbroxcn | Washington Stock Exchange. | thrcatening to quit chelr crops unless | section are encourkgsd over the out- | o Prerluet st s2F comnlEint die 1545 will pervide « cauh cars on 3 , 2 broken and land owners provide large quantities |look. i er 42 3 "Ilr;;nl,-!;'ntl(l’(r‘;“‘(':?lr-“nnlepslruv peas, 1 SALES. of the poison. Cold, rainy weather | The anthracite mines are facing no Josep eller pigs.. fth & F N.W over 24 years. vasket South Carolina express, 615 | cuoial Traction 5s—81,000 at 973, §1,000| has started abnormaily earlier than |such depressing situation at _the v ire] S, 10 ™ v ] OV inous opel 5 Th S 6 99 ° 5 ™ | hasxats) Winglnia best; pepners 00 |a wmennibioies b L DT dast Se e O e e e i . “WHEN® buyiug our $2600 ;s the approximate | Where H Street Crosses at 17th Street Michigan, 1 Florida, 2 South Caro-| Mergenthaler Linotype—5 at 154, . = e mine and at the consumers’ bin hav FIRST MORTGAGE amount the purchaser of the lina freights, 1 barrel Virginia boat, AFTER CALL. SAN ANGELO. May 28—The Wool |served to stimulate domestic de bonds will have received in 11 broken and 12 unbroken cars ofi{ capital Fraction Co.—3 at 9. Growers' Central Storage Company [and the mines are running act 77 principal and interest at || Store and Shop Leases Being Made Money—Call loans, 5 and 8 per cent. rack; strawberries, 6 N b n 5 = of this place recelved over 45 cents a | with output, and especially the so- 3 it 'rr:|g<.;l~',_",,;"“!‘m"‘f}s '(f”h“{.‘_;‘ro‘m';“c’x} st ey & Elee. d5— pound for some eight months wool |called domestic sizes being well maturity, from his original F t A Big preas, 782 crates Virginia boat, 4% 8% recently sold Boston interests, and 49 | sorbed. investment of $980. acts— Vroken and 2 unbroken cars on track: gents for some twelve months clin e Transfer Corner “tring beans, 5 baskets Florida. H 3 3 ese figures are e ghest of e ’ S r circular W-478 HEhaaiete Norm Ciroimenon | Bid and Asked Prices. | jerion 'S . SWEDEN’S IMPORTS LARGE INVESTMENTS S i e b e e st roken cars on_traci: tomutoes, 4 BONDS. SEATTLE, May 28.—It is feared You are assured due precaution more_than 12 lasgest Government and Public Biuld- Florida freight, 8 broken and 4 un- PUBLIC UTILITIES. here there will be an almost complete | Exceed Exports by $17,420,000 in || has been taken to safeguard your Interstate Public ings within 5§ minutes’ walk—nearly 60% Government broken cars on track; turnips, 1 T4 Askea | Suspension of sawing in the lumber ; interest. A personal _inspection || r T hit thiiooinr Gwice daily: basket, Virginia boat. American Tol. & Telge. 4n.... o 0" | mills of Washington June 15 For April, Is Report. and " conservative "valuation are Service Company y % . 4%e... 102 104 |the first twenty weeks o s year, e i two of our i e -ements. - A a1 ek o, e e oa% % |lumber production in the Pacific| STOCKHOLM, May 2S8.—Sweden's || prompt and courteous service fol- First Mort and Refundi | Few desirable shop spaces on 2d floor HARDWARE CHANGES FEW, | American Te1_ & Tel. conv. 6s.. 118 © 1187 | northwest has been nstely & pecicsat e h;{“gg""f,o Sril exceeded her || jow the purchase of our securities, irs “’/ g‘g‘u e ng | available. * | Anacostia & Potom: reater than for any similar perios 3 ¥ < . f il ol onds | Anacostis & Potomac g T history, while orders fell off almost | $17:420,000, the major part of the im- Notes now on hand in 6% G ! FOR PARTICULARS APPLY | S IR retephone 5. ex : port surplus being due to heavy im- || amounts of $100 up. due Jan. 1, 1949 | Conditions at Market Centers|c: & r. Telephone of Va. & AL BRSIcRRENECHEISS, ports from Amerlca, especiaily of au- Send for Booklet | Metropolitan R.- R. s. e S NEW YORK, May 28— Hardware | Potomne Elec, 1t 55 : “|to members at 18.9 cents a gallon, [Were larger by 370,000 than In | Age . 1ts Wealkly Teview of muthet) Potomac Bles cons but while independent oil dealers |March, the principal items being Loan Department 1 1207 Conn. Ave. Og]i(cyes, 0 fetiint 5 Pow g m. & ref, T e 38 Rented centers_throughout the country have ; been affected in this city, although VIN CKIN! RAGE. 8 changed_but little during the past T =+ | somie Tutal stations sold wt 18 cers| MOVING, PA NG & STORAGE. 924 14th St. N.W. Boston, New York. Philadelphia centers. The backward spring has | Washington Gas 6. S ST. LOUIS, May 28.—A resume of 508 H Bt. N.E. held up consumer demand for Wash. Itws. & El the conditions in the shoe industry | Estimates Given. " ""Phone Linc. 2583 cles which ordinarily would now MISCELLANEOU of this city shows that a gross busi- & of the retail trade. It is note-| Riggs Realty 55 (short). — 1 » St > worthy that whenever a few clear | Sonthern Bldg. fs. .. g RICHMOND, Va., May 28.—Seaboard ki "‘ oraye days occur that sales increase with | Wash. Mar. Cold Btorage bs. 92 : Air Line officials here stated today Compa gy : Capital ‘Traction It. X. 3 “| ST. PAUL, May 28—The St. Paul [tomobiles and mineral oils, At the . | Rand “ H H & C 396 About at Usual Stage. Georgetown Gns 1st Automobile Club is selling gasoline |$ame time the exports to America CHAS. D. SAGER E H RO“illS & SOIIS | a L a er 0. Desirable o conditions will say tomorrow: Potomac Elec deb. 8. % :..." | forecast a cut in price soon, the |Wood pulp, iron and steel and paper. 30 | Founded 1576 b Conditions in the various hardware | Potumae Elec. 85 1953 - 102 prices to the general public have not | =—— . & 416 Woodward Bldg., Washington Iit Phone Main 9700 High-Class week. Weather still seems to be the © & Annap. last Sunday. For Your Hauling, Storage and_Crating, Call Chicago,. Denver, San Francisco || T. ti determining factor in all jobhing | Washington Gas fn < The Connectic -+ Btorage & Express Co., enants moving rapidly. This, in turn, has . Paper MIg. 08..ooen... . ness of $200,000,000 was done by naturally had its effect upon the buy. | Nises neite 05 (oAg1 . 5 manufacturers here in the last year Union startling rapldit Wardman Far Heslios 9% that beginning June 15 special 3 S . il e s s 5 il B AN EXPERIENCED FINANCIER AND are low. The retailers, however, are - T schedules will rush the Georgia peach o only buving in hand-to-mouth fashe PUBLIC UTILITIES, crop to New York city. There will : BUSINESS MAN SAID TO jon. Jobbers are well supplied with Y a% Do three or four thousand carloads. merchandise and are in a position to ;e 3 2 = - US RECENTLY: fill almost any orders in remarkably Traction . PITTSBURGH, May 25.—The pIE |708-711 Florida Ave. N.W. Norta 104 2 short time. The same holds true with gton_Gas - - iron market continues very dull. No Storing in Separate Rooms A | . respect to manufacturers’ deliveries, | Norfolk & Wash sales of Valley Iron are reported and $1 MONTH AND UP £ I “\\'l er I am asked for advice upon the ‘The manufacturers have the stock on | Wash. & Elec. com.n..0. Consumers seom atill to be vere well Gareful, Mea—Depondsbie Sarvic. - 2 . f agaey ).andd:uul L \lvell able t,u !&:‘ku care )l}nr:ll:lni:“;r‘gfi!;; . - supplied for their reduced operations. e subject of investments, parucularllv by 2h(]:;v of orders, Railroad service has also | Te o s, 1 invariably improved to u degrec whers it i NATIONAL BANK. DETROIT, May 28.—President inexperienced in_such matter » possible to fill them rapidly. Price | capiial S Willys of the Willys-Overland Com- recommend FIRST MORTGAGES upon IM- changes are about on a par with | Colum! any announces the company has the previous week. The majority of | Commercial Saciaed not to Increase Drices % pres PROVED REAL ESTATE. Of course, this changes have been of a minor na- | Distriet .o 3 ent since steel, copper and rubber : yreference for first-class mortgages is because {ure, however, and are equally di- | farmers & Meclisics : prices are still receding while actual z ! e : ~vided between advances and reduc- | § i Amer! Eales of Overland cars are the larsest of their higher rate of interest without sacri- tions."” '\‘[:’f"::u ARGt . in the company's history. 4 & ficing the seguntv in any degree.” e T e b STORAGF-MOVING-CRATING Kiggs = ht indorsement fully supports our cond B A Fool and His Money, re the buyers of these 6% This unsought i PP STEEL DECLINE STEADY Nattonai u-n;;{;-;;::;:;i ”m:flr’:g'::.:y.‘ ;::kn?o%% :: S18:20 10th N, W. Ma'a 4229 Fri. 2423 First Mortgage Investment Notes? repeated claims that there can be NOTHING BET- Less Production and Business Vol- | American Security & Trust 0 proof that it is worth any more - Miow and wonion of Suibuess, dis- TER than the FIRST MORTGAGE NOTES we are Continen : say, | than ordinary wallpaper. offering today—and the delight in ownership is en- Rank ; of people in Washington would ha 5 s uzne Mover by Eeon Age Noonal savings & Trost.. 7., | 8avea their money If they Simply Rad cernment, who carefully study hanged by freedom from all care and responsibility of collection. NEW YORK, May 28.—The month | Uni ereeeais 165 ed their bani to tell them what both the property security and the just ending has seen an uninter- ful Investment. character of the organization back business going to the mills,” Iron | Reventh Street.. I - v Washington Mechanies'.... BALTIMORE, May 28 (Special).— | ventent locati 820 Pa. & /e can arrange time payments should purchaser In the past week, as in the week ¥IRE INSURANCE. ipe ). venlent locatiol a. ave. Dmmluaflmulow as s’“ ‘We can ang: pay purc 4 April gross was $80,833.77, decrease, “The number of important pro- |Columbia : “lm Wash. E new of some supposedly wonder- rupted decline in the rate of steel ————e Packin; slll 2 of an investment offering. We have notes as small as S100— t Washington, ...... ... 5 a g—Cnhu In| e S produgtion and inthe volume € new|IEH, FARIE ARG o 143442 U 8t. N.W. e zu, they all 6% or 7% per annum. . pay / o i OLEAN, DRY STORAGR FOR FURNITURN Age says. u 3 2 < and planos. !n(m!tl cho!rinll’ li'll Con- K . preceding, the falling off in output Earnings of the Maryland and Pennsyl- "- """" o desire. i and in orders was much less pro- | American .. vania railroad, both gross and net, STORAGE nounced than in tho firat half of the | s, =::! show decreases for the month of " Consult Our ronth: at the same time there s & | \Llomt waign 11U Aprih ang, the Tour-month eriod com- KR' RESS M Bifvestonn) Degass change In conditions. & POTOL WIth & Jhar SNC. ortgage Investment Department Real Batats ~.ooveonr $283.25; operating expenses, $53,945.- - . ducers of steel operating on a 50 SRR 16; increase, $5,628.26; net operatin percent basis 1s larger this week | - MISCELEANEO revenue, $26,388.61; decrease, $6,911 '"“‘" X.V. Constructio I and steel ingot production for May | D C Paper e .- con ot oo 61. Operating ratio for the month as MIiITr H’s 3 5 NNON ¥ . LU‘ H will be further reduced by general | Merchants Trapafer & Btor 66.74 per cent; increase, 7.13 per cent. b &3 * xhutdowns for the May 30 holiday | National Mtge. & Inv. pfd. Four-month gross was §281,211.11, & FIREPROOF. “or on Saturday following.” Old Dutch Matket com. decrease of $6,160.49; operating ex- T ORAGE \Another drop in foundry pig iron | Old Dutch Market ptd. o penses, $192190.95; {ncrease, S8 LARGEST FAMILY MOVERS IN O.C. wrings the Iron Age Dig iron com- net operating revenue, Lono o vosite price to $20.93, the lowest point | Security Storage ... crease, $14,432.61. Operating ratio for | CRATE AND PACK BY EXPERTS in six months, and comparing with | Yannetm Marke the period, 68.5 RHONE NORYN 238" $25.79 one yeax-agoy senty $8300eiha