Evening Star Newspaper, December 2, 1924, Page 27

PRIGES ARE FIRM AT CENTER MARKET Fresh Eggs Remain at 60- Cent Level—Dressed Tur- keys at 30 and 35 Cents. ‘Wholesale prices at Center Market early follow Eggs—Strictly fresh, selocted, can- dled, dozen, 60; average receipts, 57a 58. But pound, Cheese old sharp, 35. 28; Pou turkeys, 30; ducks, 20; Spring chickens, 25a26; fowls, 22a 33; keats, young, 50a70. each; dressed, fresh Live mediu Spring, 13; (pllht‘¥| No. mand, fornia, mostl Lamper: Onions: light, Ohio, eties, size, sacks large Pota moders 150-pound s: L 150-pound sac No. 1, axm.u Florida, and good. folk s mostly K moder: and mand Carolin, Yellow v 6.00; srown variet Cau mand York, 3.00 Stri demand good. market steady. Y -bushel some 8.00 Bei i Today's market report on fruits and vegetables v today about as s: averaged ter—Pound, 47a50; store packed, 20. Long Horn, mild cream. roosters. pound, Itry—Live 3 16a20; geese, 15a chickens, 30: fowls, 25a youns, 70a : capons, killed Spring 30; roosters, choice, 12; 6a7; lambs, 11a12. 5a30 stock—Calves, 10a11; thin. live hogs, No. 1, m, each; compiled by the Market Bureau of Agricultural pplies liberal; demand . market steady; New York, 13.00; full crates, California, crates, s moderate; de- market steady; Cali- eberg type, 3.25a4.00: : Florida, 1%-bushel on type, mostly 00 moderate, crates 50a3 , Big B Onion Demand Light. upplies moderate: demand market fir New York and 100-pound sacks vellow vari- v No. 1, medium to large .35; Michigan. 100-pound yellow varieties, U. S. No. 1, size, 2 atoes. ate. Supplics liberal: demand market steady: New York, Round Whites, U. S. 15 per sack; Michigan. s Russet Rurals, U. S very light; tirm. No. 1, id moderate, %-bushel hampers, beans—Supplies light; moderate, market ste: x-bushel hampers, lies very light; de- firm. Indiana 10-pound | 42.50; small | Ilin; hothou redium size, 3 demand Nor- | a4.00; | market sirong. ection, barrels Savo, 4.0 —Supplies ate. moderate; demand Homegrown moderate, marke cloth top etles No. 1 Porto Ricans, uncovered ies No. 1, 6.00a6.50, liflower—Supplies moderate, market Long Island na, stave barrels, ng beans—Supplies very lght; torida. | green, . 6.5087.00 6.00; wax hampers, fair quality, mostly | " Received by Private Wire BY WILLIAM F. HEFFERNAN. NEW YORK, December 2.—The ac- tion of stocks on the curb exchange today showed plainly that the market was becoming more and more a’ spe- cialty affair, and that operators were devotipg attention to stocks In which there were special reasons to work for higher prices. Those active on the selling side had the upper hand at the outset, and for a time the general list bore an ap- pearance of heaviness. Offerings, however, largely represented realiz- ing by those who had purchased at lower prices and were disposed to take their profits. But this selling ran its course, and attentfon was di- THE EVENING STAR, WASHINGTON —_— THP PVANNG T NEW YORK CURB MARKET Direct to The Star Office rected to a number of individual spe- cialtles, which were bid up rather sharply. 2 % The outstanding feature of the Standard Oils was a sudden break of 20 points. in the high-priced Standard of Ohio. The decline here was logl- cal enough in view of. the recent sharp upturn while others of. the Broup were doing little. The demand for.Royal Canadian was unprecedented and carried the price to the highest vet reached, above 8. Improvement in the pipe industry continued to be reflected in the sharp upward movement of Centrifugal Pipe. Above 23 it was selling at rec- ord prices, and compared with the previous close of 201, ————— NEW YORK, Decemver z.-—Fol- lowing is an official list of bonds and stocks traded in on the New York Curb Market today: Sales in thousands. 1 Allied _Pac BONDS. 12 Am fum Tign 1 Anglo_Am Ofl Tigs 2 Armo Sian v 8ipe N 14 Bkiyn Ed (o bs 1 Can Nat Ry o8 Childs Co_8 Cit Serv it 1 Con Gas Balt 5iss E 2 Coms Texiiles Ss. [ H o Detrojt ¢ Detroit Edison 5. Dunlop T & T G Manitoba_Power Mo Pac Ry Bs...... Motor Prod Co_fis Morzis & Co Tlas.. I Nor AP mia e 1 Qltio Power 3¢ 4 Pack & Tilford 8s MSONTY 3 6 Swift & Co FORE Fower & Au H E P 61 8 Rep of P 2 Swise Govt nits 500 Anglo Am_0il diana 1* ) interl Pet Co L N Y Transit ) Northern I' L o &G rie P I © Refn ) h Pene O ) Kontbern P 1 nw wi 170 S 0 ohio m oil 1000 e > 34000 Cit Sery 11 Creole Synd 2 Derby 0 & R ulf 0il of rby Pet Lago Pet.. 2 Mount. Prod Mount ¢ ¢ Bradtord 011 ew Eng Fuel Ol £.830m Peer 01l Corp. Penn Beaver 011, Fennok Ol s Wilcox 0il & Gas. Y ol : Borden (v Bklvn City Celluloid Co .. trifug Pipe 1 Chatterton & G ow Cor pfd.. ax Balte new Tob Ine DI Doeliler Die Cast (o Dubilier € & Radio. Dunbilt Intl 1 Durant Mot Du Pont Motors Duz Co A East Penn Elec (o) | Bd & Sbopfd.. o Rwy Secure Co itm Inspect Mach. ukeries Hazeltine Corp Heyden (hem infl Conce Ind Cor West Pi M West Ut pr lien ut Distil Pr VT ( at Pow & Lt N Y Tel Nickel Pl new wi Nickel PI ow pf wi > Pathe B! Tne A t Ter Cl Co wi Radio_Corp. Reo Mot 3 Rova Rad Co tr of Sl Gel Pron vie.. & 1 new.... Cal Edison Pub € A Motor Int & Co Powar pta 20 Rwift 1 Swift Wear-Ever AluminumTubed CakePan Special price Limited time WEAREVER ALUMINUM ‘TRADE MARK Reg.U.8, Poc. OF. S. KANN SONS & CO. DULIN & MARTIN CO. tlio &. Fresman, 603. Pa. Ave. S.E. . 1508 14tw 8¢ K' oz, 207 Pa. Ave. S1X. 2416°18th Bt. N. B Fiyas, a1 Pa. ave. withy;. falli eatur e Ren on lugs to coal. Action of f"w"y keeps cake in E difference between suc- cessful baking and baking failure frequently is a matter of equipment. “Wear - Ever” utensils make baking success more certain be- cause they are made of harder, thicker, sheet aluminum which condition wntil cool. heats evenly and retains the heat for a long time. The"Wear-Ever” Tubed Cake Pan is a utensil that will make baking a pleasure for you. - For a limited time, this valuable pan is offered at the special price. [ By the Assodls 5TH DISTRICT SHOWS GAIN IN DEPOSITS Reserve Bank Also Reports In- crease in Investments : During Month. ed Press. " RICHMOND, Va., December 2. Relatively slight changes are shown in the condition of the banks in the fifth federal reserve bank district for the period between October 8 and No- vember 12, except In investments and deposits, according to the monthly review of the Richmond Federal Re- serve Bank issued here. “Investments in bonds and securi- ties,” declared the report, “rose from $130,266,000 on October 8 to $135,930,- 000 on November 12, while demand deposits increased from $349,501,000 to $38,393,000. Time deposits de- clined slightly during the month, dropping from $.80,233,000 to $179,- 380,000, this increase being accounted for by the transfer of Christmas sav- ings .club funds from time to demand deposits. Cash In vaults increased from 313,808,000 on October § to $15,- 131,000 on November 12, and redis- counts at the Reserve Bank rose from $9,006,000 to $9,868,000, but during the same period outstanding loans to cus- tomers declined from $472,499,000 to $472.145,000 and reserve balances at the Federal Reserve Bank decreased from $37,070,000 to $36,536,000. e EXTRA ON FLEISCHMANN. NEW YORK, December 2.—The Fleischmann Company today declared an extra dividend of 50 cents a share, payable January 2 to stock of record December 15. An extra of 50 cents also was declared last July. Divi- dvfl\:‘ payments for the year amount to TUESDAY, DECE’V[BER 2, UNIFORM DIVSION OF WORLD TRADE Both Imports and Exports Are Better Distributed, Figures Reveal. An almost uniform distribution of increases in the foreign trade of the United States, which was noted dur- ing October, was indicated by detail- ed figutes made public today by the Commerce Department. ‘While the imports were approxi- mately $310,000,000, against $308,000,- 000 during the same month of 1923, all the geographical divisions of the world, with the exception of North American countries, showed substan- tial increases in their share of the selling trade to the United States. Exports from the United States, which amounted to $527,000,000 against $399,000,000 in October, 1923, went in larger quantities to all parts of the world except ‘Asia, where there was a small falling off. The department's detailed figures as to sources or destinations and val- ues of the October trade, compared with the foreign trade of the same months in 1923, were: 8. 6,231,914 IMPORTS. Atrice Europe North America South Americe Ania 983, 0 2,914,188 1274 22 Thermo Rad Co_wi 3 Thomp Radio Corp 1 Thread o pta I Timken Ax) 1 Tob Prod Expo 8 Union Carbide ... °d G & B new n Pow pfd. WWh Itek Min 8p nw 1T W R M Sp nw vte 3 Yel Taxi Corp N Y MINING Arizona Globe Cop Calaveras Cop . op 10 Cresson 10 Eureka Croesus First Nat Cop <t Thougkt G M 6 Jib Cons : 20 Kay Copper Corp.. 10 Tone Star. 10 Natiozal Tin N “raey Zine Nipiaaing Surhi wiiE. i Tg Bulllon ..., nited Verde Ext 10U R Con 11 Wenden 'Another “Wear-Ever” Holiday Special “Wear-Ever” Aluminum Griddle Cake Combination Thie [\ Wear Ever A carboes Alurain Giric ear. & ”u = =g iddle Cake Cover is dishes, Get one of these mil A combination_consisting of Aluminum Plate and one cakes, toast and similar combinations and let now lhn Joq of having griddle THE PALAIS ROYAL BARBER & ROSS . M. Goldstine, 905 H St. Kandel. 3550 Georgia Ave. J..H, Katz, 1618 14th 5t. N.W. 3 B. Kruger, 2010 18th St. N.W. S. . Landy & Sons, 3930 omm Ave.'N o3 Quinn, TAIS Geo “N.W. Thos. B. Niehois Ave. 8.0 Reardos SR Revre 850 20 me How. H. H. Swan, 3201 14th St. N.W. =98¢ These stores, we KNOW, can supply you: LANSBURGH & BRO. GOLDENBERG'S Takoma Hdwe. Co., Takoma Park. w, Turpilie & Clark, okuo-— Ave. N.W. W, OB, »vmnm. R B ¥ Wails, :&‘E‘; % ton, 2918 14th St N.W. o.M, Yentmiin, 436 Toh 6. S GET LARGER RETURNS. Do Better on Smaller Yields. Special Dispatch to The Star. SAN FRANCISCO, December 2.— Despite drought and crops which fell | below normal, Calffornia farmers in general are in a better financial con- dition today than ever before, accord- | ing to a survey just completed by the State agricultural officlals. ‘While farms produced a smaller volume, prices were such as to yield a better return. For- example, while the State grape vleld this season was 1,445,000 tons, as | compared with 1,690,000 tons last year, growers received $109,568,000, as com- pared with $94,550,000 fn 1923 Farmers Year's HUDSON BOOSTS OUTPUT NEW YORK, December 2—Hudson Motor Car Company manufactured 128,715 automobiles in the fiscal year 1924 HOW TO INVEST, YOUR MONEY BY BAYARD DOMINICK. President of New York Better Busimess Bure: Vital Points About Bonds. Discount vs. Premlum Bonds— Bonds selling in the market below par (100%) are said to be selling at a ldiscount ‘and those meliing above r at a premium. Other things bexfi equal, bonds of high {nterest rate will sell for more than those of low inter- est rate. Howeyer, It is almost an invariable rule that a bond at ma- turity will be repaid at 100, no matter whether the market cost to the in- vestor. was 90 or 110, Thus, bonds bought at a discount should appre- clate in value as maturity approaches and those bought at a premium should depreclate. Callable Before Maturity—Many bonds, particularly those of high in- terest rates, and some preferred stocks, are subject to redemption by the company upon repayment at a given price, usually a few points above par. In other words, the com- pany may call in a redeemable bond or preferred stock. Investors ordina- rily look to the redemption clause be- fore paying too dearly for such se- curities. _ (Coprright, 1924) BUT 48 PER CENT OF CORN MATURES % Usual Yield 91 Per Cent, Report States—Sufficient Amount for Seed. Only 48 per cent of the corn crop in the principal producing area reached maturity before the first kill- ing frost of the season, the Depart- ment of Agriculture has been ad- vised. Usually $1 per cent of the crop reaches maturity. Although but 23 per cent of the crop is reported fit for seed, this is said to be more than enough for the purpose. Usual- 1y 60 per cent is available for seed. are the crop to mature before frost. The percentage of maturity ranged from 72 in Missouri to 14 In Wisconsin. . WALL STREET NOTES. NEW YORK, December 2—Stock- holders of the Jones Bros. Tea Co. will meet on December 23 to vote on a proposal to convert the present $100 par value common stock into shares of no par value. A new issue of $5,000,000 of United Ligbt and Railways Co. 63 per cent cumulative preferred prior stock is offered at $95 a share and accrued dividends to yield about 6.85 per cent. Its common stock is owned by United Highland Power Co. Controiling in- terest in Continental Gas and Electric ended Novembér 30, 40,527 more than in the preceding yea Corporation is acquired by ‘nited Light and ¥ v The late Spring and cool Summer || held responsible for failure of || FIRMER MONEY SEEN IN NEXT FEW MONTHS By the Associated Press. NEW YORK, December —Sea- sonal tendencles are expected.’th impart a relatively firmer tone to the moaey market over the next few months, dccording to bankers. A rapid inérease in business requirements for a sharp shifting of funds from Amer- ican investments to Europe, the Na- tfonal® City 'Bank predicts would probably resull 4 quick reversal of the character of the present money market. Very little of the huge sup- piy of credit i actually idle, it is said and ‘much of it is tied up in assets, which can not bé liquidated promptly. ATCHISON’S EARNINGS ARE UNDER LAST YEAR By the Associated Press. NEW YORK, December 2—Earn- ings of the Atchison, Topeka and Santa Fe Railway Co. will not be as large this year as in 1923, accord- ing to W. B. Story, president, who at- tended a directors’ meeting here to- day at which the regular semi-an- nual dividend of $2.50 a share on the preferred stock was declared. The question of increasing the common dividend rate at the January meet- ing had not been considered, he said. |C. & 0. PLACES LARGE ORDERS FOR NEW RAILS By the Associnted Press. W YORK, ' December 2.—The Chesapeake and Ohio Railroad has ordered 30,202 tons of rails; 12,147 each from lllinofs Steel and Inland eel and 5,908 tons from Bethlehem Steel. The Hocking Valley has or- dered 5.000 tons from Carnegie Steel. § 3 [ FARMERS GRANTED: MILLIONS N LOANS| Agriculture Department UsesA Warehouse Act to Aid ]‘l Crop Marketing. i Hundreds of milllons of dollars ars | being loaned to co-operative market- ing organizations and individual farmers on the basis of warehouss re- ceipts issued by warehousemen 1i- ! censed under the United States ware- house act, reports H. 5. Yohe of the : United States Department of Agricul- ture. Among the co-operatives negotfat- | ing loans on their stored commodities are the Burley Tobacco Growers' Co- operative Association, the Dark To- bacco Growers' Co-operative Assocla- tion, the Tobacco Growers' Co-opera- tive' Association of Virginia and the: Carolinas, the South Carolina, North Carolina, Georgla, Alabama, Arkansas, Louisiana, Arizona, Tennessee and Missouri cotton growers' co-operative assocfations; the Kansas, Southwest and Indiana wheat growers; the Loulstana Arkansas rice growers’ co-operat sociations; wool grow- ers' co-opera®.ve associations and the’ Georgia Peanut Growers' Co-operative Association. H Any public warehousemen who can establish to the satisfaction of the De. ! partment of Agriculture that they are trustworthy, competent, financially responsible and have proper storage facilities, may be licensed to store products. Ready for Main 2100 Offices for Rent Saul Building 925 15th Street N.W. Occupancy B. F. SAUL CO. 1412 Eye St. N.W. 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