Evening Star Newspaper, December 11, 1924, Page 29

FINANCIAL. HOLIDAY SHOPPING HURTS BEEF SALES People Paymg thtle Atten- tion to Food, Dealers Here Declare. teers are in mand, was the market d people are willing to Medium cattle and much demand, dealers with such meat it i of the dealer having buyer's price beef market is remarked a dealer this cople are paylng more hristmas shopping than uying food, depending ods and sandwiches, will improve after holiday seasor rket today was steady while the veal market was weing in line with those Butter and egg prices vesterday, prices being as fol- good de- report this prite morning, pay the price cows are 1 1 reported, and almost a to take the “The draggy morning. attention to case quiet and pon ca but the the clo the The lamb to strong pri the other steady of last were low commodities Today's Wholesale Prices. : mild cream Cheese —Long Horn, 2 old sharp. &5 pound Poultry— Alive, rooste 0a32; ducks keats, young each: frosh killed Spring chickens Sters, 30; sters, 15; fowls, turkey 140 keats each: ducks, 25: geese, ES stock 10a11; thin 7 13; live hogs, 1 Rabbits, No , 15 each Fruit and Vegetable Review. Today's market report on fruits and vegetables (compiled by the Market News Service, Bureau of Agricultural Ap S| moderate, 1 Maryland, Virgin ginta, A2': inches u saps and Black Twigs, fair quality, 1.50a5.00; Y 1.50a5.50: Delicious, 1 inches up Deliciou Loxes, Washington, medium to large sizes, extra fan Stayman Wine %aps and Spitzenhurgs, 3.00a3 3.00 Delicious, 4.00a4.25: | Mar Virginia, various . unclassified, 51 Cabbage—Supplies liberal moder. market dul bulk, ton, Danish 28.00. moderate 2 16 pound dressed 24n young, capons Live medium Spring Game. No. ves, choice, 11% lambs, moderate; steady: barrels, and West Vir Staymans Wine rk Tmperials stly 6.50; A2 70047 demand mostl 50 Rumes hushe demand York, Der 25.004 Supp! s liber: steady; Now Yo 00; some fair qual- 1ty a2 4 Californ crates mostly 6.00. Lettuce— Supplie moderate, t fairly steady fornia crs Techerg type, 4 dozen, 3.60a3.75 arze eize, aome and condition, = %.00a3.30 112 x'](!V" 1 npers, Big Bos- app firm 100-pound demand liberal aual o te da tvpe demand York and veliows, U, S| Ohio, 0. 1, med 1 sizes, 2 3.00, mostly Potato Supplies Liberal, liberal; demand New York whites, U. S Mich irals, U. S Scuash Market Steady demay “Florida, What Experts Buy. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN, NEW YORK, December 11.—The selling movement gained momentum on the Curb Exchange today and in some quarters the market was defi- nitely weak. This was true of the oil shares, which Bave way easily despite the more favorable figures on domestic crude production and the fact that this class of stocks had shared to the leact extent of any in the recent bull market. Uncertainty regarding the future price policy to be taken by the leading companies appeared to be the main consideration. —_————— NEW YORK, Decen 11.—Fol- lowing is an official list of bonds and stocks traded in the New York Curb Market today: N Sales in thousands. t 4 Alifed Packers 6s. 1 Allied Packers 8s 1 Alum 7s new 33 1 Am H Am 14 Am Low.. Cloxe R0, sosy 00 o & LEG ol iy olling Mills 6 100 £ A8 Aoy s et 1 Anncondu. e 1025 8 Atuo Sim ilawe ige 8 GANG & WSSt 2 Beaverboard 'su e 2 Can Nt Ry Tl g 12 Chilas Co tn t e 15 Cit Rere 3 CoLl 1015 Git Serv 7D o8 Con (Gas Balt Bise B 1027 3 Con Gas Balt is D 1087s Cubun Tl Tt4n.. ] 100 Cudabs Sygu o & Detrort Cife Gias g 100 18 Datrolt Fdison 6w ; 11 1 Detrolt Edlwon 5e A 9 8 Duniop T 138 D& R G WS 3 Fiaer Body ¢ Fisher Rody 6s 6 neral Dot 6 Grant Truck 6 Gult on Corn 1 Lilhy NN & T4 3a 101 3 Lig WL, real vat 15 107 R 180N 150N A8 0N 850N # Sun 12 Swife & 1 Union ‘0il i Unien 0l 68 B 58 Tnited Deng O 3 Yacmam O 7s 1 Webster Milis 61k FOREIGN 2 Cits of Bogota 8s 1Fin Gu Man 8las B 1Fin Gn Mon 8lac A 15 Ind Mige By Fin 7x 11 King of Neth 6s T 1o An H Bl D0 11 Rep of Peru S S Rep of Poland s 8 Russ Gov Blas na o 2 Swiss Gort Blas ... STANDARD 3 1011y 1011 1071 102 RONDS, 281, 803 in s 00 Anglo Am 01 100 Crescont P 1, 0 Cumberland P 00 Tlumble 0 & R 200 Imp Oil of Can. 46 Ind P T 7 280 Pra 170 South Penn Oil 10 Southern P 1 9300 S 0 Tnd W00 S O Kaos 1008 0 N Y ) Swan & Finch 1500 Vacuum 0Oil DEPENDENT OIL STOCKS t-Control arib Kynd Serv “B efs! 00 Cit Serv C weri oil ds _Washin 10235, £1.000 at . 8. & T 68 10 at National Mtge. & Invest 30 at 9%, AT American See Washington G $100 at 1015 Washington C Wasiiington at 1013, $400 at 1 Capital o car ¢ Trust 1933—$1.000 at 3 4t 5 1013 $400 Call loans, 3 2 Bid and Asked P PUBLIC UTILITY & Telga. 4s. & Telgi. 4148 Tel. ctl Ss... Tel. & tr & P. Telephone s THE EVENING X Radio stocks suffered with the rest of the market in today's reaction, but losses were comparatively small. De- Forest, close to 2513, was off almost a point. Stocks that had been prominent among the public utilities early in the week came off rather sharply, notably American Gas and Electric new, down over I points, and American Power and Light and Lehigh Power secur- ities down more than a point. Kay Copper and Canario were ac- tively taken. Jib Consolidated feat- ured the low priced issues n Rock Oil.... If Ol of Pu.... 148 Kirby Pet S 109 Lago Pet 1 Livingston 10 Mex 01l 17 645, (3 84 Mutual 0ii vot cfs, ia Nat Fuel Gas... 2 New Eng Fuel 0l 1 Peer Ol Corp.. 110 Pean Beaver Oil. 1 Pennok Oil Co new 1 Ked Bank Oil.. 62 Roy Canud 0 & 1 Salt Creek Cons.... Salt Creek Prod... Yenezuelan Pet 1 Wilcox Ol & Gas. . U ST C 1074 10ia 1t 13 184 . 2l k Power.. eather £ & Elpta. ] & El new.. 21 Am Power & Lt pew wer B.. 16 10814 b, 8%, Borden & Co 4 Botuny Cons A 5 Commonwealtn T'ow 118 Yo Commnventin ptd. Ao 3 Cont Hak A wi ... 112 50 Cont Bak B wi 2% 5 Cont Bak pfd wi | 8175 58 Cous Gas Balto nw 1 Contin Tob Inc...: 18 Cuta Co 37l 92 De For Rad vt e'wi 281 D L& W Conl .. 1 D&RGWR wi nw pt 39 | ! Dochler Die Cast.. 181 | 18 Dubliler ¢ & Rad. 601, 2 Dunbill Intl Tne 307, Durant Motor Duz Co A East Tean Eiec Co Elec Bd & Sh pfd Elec Ry Secure Co. F & W Grant Strs Film Tospect Mach. 15 Ford Mator « 115 Foundation 13 Freed 1 alties R len Alden Conl 1 4 1 1 s n Takeries ets Candy A 18 Hareltine Corp 7 Heyden Chem 1 Inter Cont Rub 1 Intl Cone Tad Cor 2 Tnter-Oce Radio Cor 2 Int Tt A Adnt Uel B % Jones Radio 1 Tandocer Ho Cor ehigh Tower see 4 Lehigh Val €1 N 1 Liberty Radio Co 4 Tong Bell Sbr A wi 4 Mesabi Tron i 5 Middie West Ufil.. 18 1, Mid West Ut prin 08 Murray Body wi.. 42% 1 Nat Distil Prod vie 1 Nat Lea 1 )at Fow & 13 Nat_Tea Co. Tete Co ptd Pl new wi Pt wi Corp ste Lt 8 Rova Radio ¢ T ef 1 Sil Ge h vt efs 34 Bwift 1 £ 25 odsne Ra wi B T e e 11 Tobacvo Prod Espts 5 Tower Mg 1 Union Carbide 2 United G & B pew I United Lt & Pow A T United Profit 1 T'nt Shoe Mach Cor. 2 U S Lt & Heat. 20 Ward Bak Cor B 16 Ward Rak Cor pfd 7 Ware Radio Corp 4 Western Power 20 Yellow Taxi Co 831y Sore 3813 i 015 38 XY 15 MINING 1@ Arizona Globe Cop 3 Calaveras Copper 0 Miningz ons Cop Mines Diumondf 1 B Buite El Paso Mine )\ Ene Gala Mi Lid Rlowsom rome V. Devel 4 Tib Cons 2 Kay Copper: Corp 15 Masn Jerser Zine.! 0 Nerada Hils Min. STAR, WASHINGTON 1 do { tomers | safe iz | porary | welght season |ing & mere underwear | ufacture that much ¢ | cent UNDERWEAR MEN INPROVE QUTPUT Efforts Made to Ban Shrink- age and Scratching—Sales in Big Advance. BY J. C. ROYLE. Special Dispateh to Tne Star. UTICA; N. Y., December 11.—*“What d'va read?’ That's the cry of the newsboys all over America as they shiver between piles of papers. They not get a complete answer, but present production proves that among other things, the public reads under- wear advertisements. Also that in spite of the fact that the red flannels of our ancestors have passed, except among ball players like Bullet Joe Bush in Midsummer, the American people take off the short ones and put on heavier undergarments when Juek Frost commences a tour of the eountry. These facts became evident at the meeting of the Associated Knit Underwear Manufacturers of America here today. Stocks AUowed to Run Low. In the underwear business the| early Fall proved a record season in the great American sport of passing the buck. Retailers, finding demand dull ewing to the open Fall weather. declined to lay in heavy stocks. Manufacturers having few orders on their books declined “carry the hod” for the retallers. Along came cold weather with a crowd of cus- surging around the under- | wear counters. Retatl stocks were | soon exhausted Manufacturers stocks followed suit and the factories now are ‘working day and night | turning out kuit garments calculated to withstand the assaults of zeru weather. A coupla of shivers has consur ers to take not what but what they can get duys in steam-heated ling In garments that would do for an Arctic sleeping bag. while out- door workers in the field and woods vo slapping brisk arms about them- selves in medium-welght products determined | they want, Men spend their offices, strug- Prices on Inereasc. This condition ing itself i ing supplied v ed., wool, cotton or mixt materials which weigh 10 pound to the dozen union suits the welghts of those furnished th: country dealers range fro 18 pounds to the dozen up. This condition led to no marked inc in p manufacturers having found - method is 10 bare quotations costs of raw aterials und ure in spite of opportunities Profits, owing to of sup No change contemplated the remainder of the heavy gradually is ity dweller: ' garmien right are be euse e only nanu A for pliex during The main effect, however. has been to stimulate demand in advance for Spring weights. This buving has been most watisfactory in spite of the unrest in primary markets for wool and cotton. Find Humor in Situation. Manufacturers are opposing bitter! the stock-buying appeal of the rotail who declares while tryir 42 to a 32 thin “its bound to shrink association has issued ing instructions which - are fident will prevent wearers of waool or artificial silk garments from find to sell a tomer that stout cus- * The | correct wash necktie instead of a shirt when the clothes back from the laund eports of shrinkag the Rureau of Institute and ‘b research director Laundry Owners' Assoclation, were made here today. These tests, with effect on fabries of hardness and tem- perature of water, time taken in washing and drying heats, in- volved wool, cotton, silk artificial silk, and thelr mixtures and also in volved effect of varlous washing processes on textile strength and wearing qualities. W Another tests made ndards and Melion George H. Jonson of the National en Garments Softened. thing which the have been able to eliminate he necessity to scratch. Woolen gar- ments have been o softened in man- | the dread at- change has been In consequence, | makers is tending the Winter done away wi sales of childr Winter have imr d deman has risen this knit over women's garments per cent last year. As to men's garments. ma turers said that the male portion the population. having striven for decade to convince themselves and others that it is a proof of manhood to wear filmy underwear In Winte have found there is everything gain and a lot to lose by faillng provide the body protection to D. C., THURSDAY, corte ng | gold to| with full-length | DECEMBER 11, 192 COAL MARKET HIT BY MILD WEATHER Two Grades Advanced and One Cut 25 Cents During Past Week. Special Dispateh to NEW YORK, December Age reports the market With only fitful touches of cold weather here and there the bitumi- nous coal trade ‘exhibits marked ir- regularity. The spurt in the Middle West faded away almost as quickly it appeared and inactivity best ribes conditions there now, as it does also in Ohio and Kentucky. The situation in New England is some- what the mame, only much worse. Business in Atlantic coast markets, the Southwest and the Northwest is somewhat better, especia in last named section, where the season is making a Garrison finish November shipments inland for No vember, In fact, are said to have been the largest in any one month during the last two years Though total shipments are far be- hind those of a y ago, the carry- over to this season was such as bring the supply up to normal re quirements. The cessation of ship ments to the hard in the Ohio fields and much d tress coal has reappeared and it sells at figures that tend to demoraiize prices. Hard situation In ergane 'he Star. 11.—Coal as follows oal Trade Fair. the little but it The trade bus is not much better without break records. Stove in stro mand, exeept in Philadelphia chestnut I8 in the van, but pea move only with difficu sizes iy mode buckwheat showing a slight i nent. One of the old line companies has advanced the price of stove cents and another has tacked on same amount for chestnut for cember dependent quotations are unchanged cxcept a 5-cent on ega Activit red the ond wae anthracite change — could he is ext where are Re at Hampton gRest incre n July, dun for «ll accounts dur onded December 4 tota tons, the h of 1 year. This « dumped pr Bituminous Outpat Production of bit iz tha k end shest pares with duriy Higher, minous coal dur Noven ber 29, 9,646,000 net o decline of 91 trom th for the prec wh 100 tons was as ised figure ut wa te ding duced The the Thank the however of the year for Anthracit curtailed by for the being witl week ng hollday than u pite Lserved s, De the decline produc corresy i of the th sive 1 output also was s iday, the November tons assed that 1.691,00 iring the out output strike IN BRITISH PAYMENT which Gr ke to the United States Monday will be the bonds have part of the total ation has not beer shipments of gold T prem have first by heavy London which Liberty bont ing precluded th while Gre n in liew of has found ts balance cash, without shipments RURAL BUYIN.G SPREADS ALL OVER COUNTRY By the Associated Press NEW YORK ased rura large mail fined and virtu: are moving implements plow December 11. reported b fo wheat-gre said to be s of Manufacturers of fara report expandi eceived more tiius in the t has nproves ractor the industry PRAIRIE OIL TO REDUCE the | 1ate ! kes has hit production | and | 1 to | FEW LIBERTY BONDS USED ting to large | | \ Our_clierts_are ready to pay cash for SECOND TRUSTS in any amount. The rates will please you if the security is sat- isfactory. MORTGAGE DEPARTMENT (SHARNON_ & LUCHY) 713 and 715 14th Street Main 2345 FEDERAL-AMERICAN NATIONAL BANK RESOURCES $13.000.000 1315 F ST Jonn PooLe sasmem Money to Loan Secured by drst 4.-.1 of trust on s iling_inters Jo:eph I. Weller Wanted $250,000 5 or 10 Years —6% to be secured by first mortgage on property that will sell under the hammer for §500,000. Will stand fullest in- vestigation, both as to security and applicant. Liberal com- mission. Principal only. Address Box 22-E, Star Office Bldg. mortgage notes on improved property repre- gilt-edge investment. vailable 50 up. sent a Notes a in amounts of Apply to our Loan Dept. Wm. H. Saunders Co., !nc. REALTORS 1433 K Street N.W. Main 1016, 1017 A Way to Keep Free of Investment Worries Mort gage which vield 614% and are secured upon at least two-for-one basi d be free from concern about Safety of wvour mon- ey. Try us in -any amount from $100 up —we've never lost a llar for an investor. nd for details to o Mortgage Investment Department S_—NNON g LLCHS 3 & 715 14th St. D Main 2343 all the Transportation Building 17th and H Sts. For Rent FINANCTXE. For the Maximum Income Buy LIFE ANNUITIES Actna Life Insurance Co. 801-6_ Woodwurd Bldg. CENT MONEY This office loans money upon real estate—and does nothing else—that is, it does not fol- low any other branch of the real estate business. We always have money available and are loaning it at this time at 5%%. E.Quincy Smith, Inc. 909 15th St. N.W. VAR R R We Sell Guaranteed Second Trusts Ihe interest yield is much higher. You get all the safeguards that make desirable investment. Banking Trust & Mortgage Company 1410 G St. N.W. FrankHn 5794 t | | f | f “When Buying” Our 7‘70 First Mortgage Notes ur {avestment is secured en owrefully ;i d_improved perties and pinced e ind, ~conse: Notes Sew Svailabie ta ammvente o $106 ur Apply Lean Dept. Mr. O'Donnell, Mgr. Chas D. Sager 924 14‘:1.1“;;' N.wW. MONEY TO LOAN 5 1/2 % Any Amount Apartment Houses BUILDING PROJECTS FINANCED Business Property FRED T. NESBIT Investment Blds. Main 9392 a8 Main 37 £l We Have Available for Immediate Delivery A Limited Number of First Trust Notes 7% In Denominations of $250, $500 and $1,000 Secured on High-Class Residential Property in Chevy Chase McKeever & Goss Realtors 1415 K St. N.wW. Main 4752 FIRST MORTGAGE NOTES FOR SALE IN BENOMINATIONS OF 500 DOLLARS AND UPWARDS Randall H Hagner & Co 7327 (é)a):l{zcéd/ .fijvfias SAFETY IS ALWAYS MORE IMPORTANT THAN INCOME The purchaser of our ets Washington erty. They have a pro FIRST MORTGAGES the security of choice residential prop ecord en safety. Centur Without a Loss ned ors alw buy se- | curities that e a substantlal loan [ Captal 1 Telephone of R Nipiasing .......... SAUL CO. 15th St NW. OFFICE ROOMS l | Single or En SuMe t = No Dark Rooms i 925 Onc Large Suite Now | | six Rapid rairie Available 24-hour Serv APPLY Randall H. Hagner & Co. 1321 Conn. Ave. 700 | Main 2100 Elevaters, Phone Main MISCELLANEOUS 1.—The | p, c. Paper Mrg. tn. of the | Pot. Jt Stk Ld. Rk Special Dispatch to The Star. PHILADELPHIA, December Publicity ‘given income tax returns is having an Important effect on State revenue. The personal property tax law of Pennsyvlvania provides that upon failure of any citizen to make a return, assessors may . fix the amount themselves. Heretofore, many persons have neglected to make re- turns from “money at interest” and assessors have had to guess. Now they can check up on sources of in- come with adequate assessments fol- lowing for State taxation. A Philadelphian today made a re- turn in excess of $2,000,060. The State tax is 4 mills on each dollar of prinicipal. As it would take $40,000,- 000 to vield $2.000,000 at 5 per cent this would entail & tax of $160,000 vearly. today Bet L .1 you believe that Washington is a fine city, and COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY 0. Ofer. 1001 100! 101 100 182 101 1132 101 9-16 101 532 102 5-32 102 582 March 1 March June 15, September December 1. Marel 1 41is September 43 March 15, 41ts December "1 Eeesuils | - STOCK PAR VALUE T0 $25, One of the surest methods of il R Uie value of any stock | GrerEetown "6 Premier Goia Stia.: TAX PUBLlClTY AID By the Assaciated Pres. i 5 , December | declines Ider it as collateral | Potomac [ !.';‘ e n, Stockholders of the Qi to much. | Pot. Elee. Do ; 5 Specrhead Gold . | ue of Wash, Talt, & Anuap. s B stock from the present capitalization | W u ] One-half of the increased capitali- | REMARKABLE GROWTH‘*“M Fory :;,n;;o‘n.n,-r,»mn Larger Returns on Per- |, W00 0 Uifered for sale to em- | Wash, By s G sonal Property. / : - an B the Assoniatell Trésy 10 Wettl Lot Sieer { ployes' stock participation plan. The 10 West Utah {remaining $5.000.000 will be held in twentieth ivers: ] formation of the lehem S Piggs Realty 3x (ong) producer o @ Wash, Market Cold St (Quotations furnishec by Redmond & C».) world, with ersal line | Wardman Park Hotel : - ~———Xoo 1 statement say Ingot ca 15 10015 than PUBLIC UTILITY. il 1002 can Tel, & Telgn oo 1331 [ 2808 ) Parmac Pore M T4d . 1 on it. If your banker | patomme. Rlec 30 Ray Hercales..o . . ; | “INDEPENDENCE, Kan | docs not el rhesd God capital stock from $100 | | Wasi Alex] & Me. Ver. etrs, S Tonopsh Exten 5 N - E { : ; ennsylvania Assessors Expect|or $60,000.000 to $70.000.000 BETHLEHEM STEEL SHOWS i fenit b § Wenden Copper i ployes of the company under an em- | NEW YORK. Decemb the company's treasury Shes i TREASURY CERTIFICATES. steel In the | Wasn: Marker Col of produc Bid. times greater QTOAJ\S s 4 1007 oration | Capital Traction. s 1 times as in B 3 H many emplo Twenty owned neit cos deposits, whil plying coal, « tani deposit operation pacity for n A 15, 193 09 15-16 1018, 101716 101 1-16 102118 1102118 years ago the Tr i NEW ORLEANS, December The Russian textile syndicate, which has an office in this city. has pur- chased 25,000 bales of long-staple cotton in this past week, bringing the total purchases up to about 100, 000 bale: It is expected to purchase an additional 200,000 bales before the season is over. ines nor iron or shington _Gas..... T St inifice ortolk & Wash, Steamboat.... < 1%, SUD- | waun, Ruwy. & Blec. com. tone, Wash, Rwr. & Elec. pfd aintain | Terminal Taxi com....... 3 Rt NATIONAL BANK ST Natonal Capital Columbia ...... Commercial District Farmers & Mer Londan. pound WALL STREET NOTES. Federat American s Montreal. dollar = et ia Paris franc Big Tin Plate—Zinc Sells Highest | Linnis Rrussels, franc | | Xational uummm. Rerlin, mark £ Present Year. | Riggs _...... 3 Rome,” Iirs NEW YORK | <ond Zurich, fran 3 National Bank of Washington Athens, drachma | der for about 230,000 tons of tin plate | for dellvery in the first 192 Madrid, peseta . TRUST COMPANY Vienva. erown American Secutity & Trust L involving approximately 00,000 at current market prices, is under pest. crown .. Continental Trust.. e, crown - Merchant! p v zloty | openbuge; atood to have been placed by Christlan American Can Company with Stockholm, sidiaries of the United States rorporation. An extra dividend of 5 per cent was | fammiIce & Baviogs declared today by the Mutual Bank | security Sav. & Commercia n addition to the regular quarterly o |Seventh Street.. per cent payment. An extra of 3 perv‘ ‘\\Tii‘.’.‘nm;’;'u;-h-nk- pent was authorized a year ago. ! i Prime Western zine sold today at a| FIRE INSURANCE. new high for the year at 7.15 cents a | American pound, Fast St. Louis. Shipments | Coreoran . Firemen's were said to be exceeding output. | Nasional | ROAD'S FIRST REPORT. | {oum: NEW YORK, December 11.—Tha first balance sheet of the Fiorida, Western and Northern Railroad, a subsidiary of the Seaboard Air Line. now under construction in southern invested in road and equip- | S : nts. and $2,521,445 in special de- | Washington Murket posit The road will open for traffic S *Ex dividend. early next year. 2 per cent extra, e and suffic prese —you believe that it will continue ils steady growth, untroubled by panics the past, and nt to facilities . EXCHANGE. as has i s furnished by W. B. Hibbs & Co.) Nominal Selling checks ol value. today. L.$4.8665 $1.70 1o s 193 ‘0533 108 0482 ‘238 2385 o a3ty 1938 “0183 oo 41 0001815 030214 (1930 1767 1522 2605 ore than (Quota PI\UM[‘I remvestuient of January funds is esscn- tial if you arc to realize lh(‘ maximum carning power of vour money. Make reservations now from current offerings of our 7% First Mortgage Bonds, arranging for pay ment on whatever day in January your funds will be in_hand. Our record of no loss to any investor in 51 years shows how completely the interests of our investors are safeguarded. Call, write or telephone Main 6464 today for de- scriptions of Smith Bonds paying 7%. SMITH BONDS ARE SAFE BONDS The F. H. Smith Ce. Founded 1873 FIRST MORTGAGE BONDS Smith Bullding. 815 Fifteenth St. DETROIT, December 11 The De- troit, Toledo and Ironton Railroad and the Detroit Edison Company are negotiating for the purchase of the plant of the River Raisen Hydro- Tleetric Company, located near Mon- roe. This plant furniches electric service to several towns within a mile area. \Nat home here onel you belicve in the gro /i o makes Government, which THEN SHOB.T TERM SECURITIES. (Quotations furnished by Redmond & Co.) Dece Sl 304 = % —you must believe in our First Morigages, because they are sccured by property in this city, property worth about twice as much as the amount of the loan. 130 400 s sub- | 380 Steel | SAVINGS BANK. Commerce & Saviugs...... CLEVELAND, December 11.—Radio manufacturers are among the busiest of industrial units here. One com- pany has started a 24-hour shift. Aluminum Co. of Amer. Aluminum Co. of Ame American Sugar 6s 1037 American Tel. & Tel. 63 1025.. Coper, s 1029, ..~ 1 nglo-American Ol 7iss 1925 Avtociated ON 6s 1955 Bell Tel. of Canada bs 192 Central of Georgia Os 1 Central Leather 08 102 ChL., Mi). & St. Paul 8s 1984 Chill R. 1. & Pacific 5128 1626 Colimbia Gas & El. 1st 08 1927, Continental Gas . Bl. Gs 103 Du_ Pont T%s 1951 Federal Sugar Ref. 65 ifidd Fisher Body Corp. 65 1927 Fisher Body Corp 6s 1628 Goodyear T. & R. 8s 1831.... Great Northern 78 1936..0.. . Gulf 0l Corp. of Pa. 338 Humbie 011 Sye 198, igh Pow. Sec. C AR Y m,- 1041 Morris & Co. T8 1030 New York Central 65 1935 Oregon Short Live 48 3 Denneyivania R. R. s 1080 Pure OIl 8igs, Augnst, 1925, Switt & Co. Gs 1982 Tidewater 01 61s 1941 Union Tank Car'%s 1930 8. Rubber 7ias 1930 it Western Union, ds 10380 1o Weatinghonse . 78 1081 1077 Ledilog "Sees S Toots catiea r foa. improved crown By the Associated Press NEW YORK, December 11.—For- elgn exchanges easy. Quotations (in United States dollars): Great Brit- ain, demand, 4.69% : cables, 4.69% : 60- day bills on banks, 4.66%. France, demand, .0532; cables, .05321%. Italy, . |demand, .0430%: cables, .0431. Bel- glum, demand, .0491% : cables, .0492. | Germany, demand, .2381; Holland, .4036; Norway, .1514; Sweden, .2693; Denmark, Switzerland, 1934 Spain, .1400; Greece, .01823%; Poland, 191 : Czechoslovakia, .0302%; Jugo- slavia, .0151; Austria, 0000141 ; Ru- mania, .00321%; Argentina,'3887; Bra- zil, .1162; Tokio, .38% ; Montreal, .991%. e R ADVANCE IN LEAD. NEW YORK, December 11.—The American Smelting and Refining Co. has advanced the price of lead from 8.75 10 3.90 cents per pound. DENVER, December 11.—Jewelers here estimite their sales of Christ- mas merchandise will exceed $1,000,- 000, or about $250,000 more than in any previous year. SAN FRANCISCO, December 11.— The General Petroleum Company shortly is expected to follow the ex- ample of the Pan-American Company in invading the San Francisco retail field. This field is already the scene | of keen competition between Stand- ard Oil of California and the Shell! Unlon and Associated Ol companics. e DISCOUNT RATE RAISED. PARIS, December 11.—The Bank of France today raised its discount rate from 6 per cent to 7 per cent, malin- taining the rate for advances on se- curities at $ per cent. o) =t SWégZELL. HEEM & HENSEY (0. L57%Slreer, NW shington,D.C. 55 Years Without Loss to An Investor Uaion™ [0 TITLE INSURANCE Title. .. G STV e MISCELLANEOUS. Merchants’ Transfer & Stora, Mergenthaler Limotyne.. | NarFNige: & Tovent. prd. 1 oteh Marker com. - Oia Dureh Market pra.-... Tanston” Monotspe " ... 0 oritr Storage.: