Evening Star Newspaper, February 2, 1925, Page 23

FIN PRICES HOLD FIR AT CENTER MARKET Moderate Receipts Reported Over Sunday—Vegetable and Fruit Reviewed. Wholesale opened the prices at ienter Markel ek about where they ed Saturaay, Keceipts of butter, 1.y, live stock and meats ¥ moderate, as was also the Monday morning demand. Whole- s Teported prices about as fol-| Today's Wholesale Prices. ter—Fancy, tub, 47a50; store-packed, 20825, Fancy, selected, candled, 58a ge receipts, 56a57; storage, prints, 48250 Poultry—Alive ikens, 28a30; 0; keats, Roosters, 16; Spring fow a34; ducks, voung, 50a70 each; geesa, Fresh killed Spring roosters, 30a32 40a45; ducks, 25a 10a45. 13a14; lambs, 32; turkeys, : live hogs, Sal2 12a18; veal, 12a20: &s, 14a16: loins, 20a and shoulders, 14al5. Fruit and Vegetable Review. day's market report on fruits and vegetables, compiled by the Market Naws Service Bureau of Agricultural Eronomics, says: Apples—Supplies moderate moderate, market steady. Barrels— Maryland, Virginia and West Vir- zinias, A, 2% inches up, Staymans, 00a7.50; Yorks, 6.00a6.50: A, 2% \ches up, Staymans, 7.50a8.00; Yorks. 7.00; A, fnches up. Wine- 6.00. Boxes — Northwestern, to large sizes extra fancy 3.2583.50; Delicious, demand 1.50a4 7 upplies liberal; demand arket- steady; New York. buik, per ton, Danish ly around 35.00; new South Carolina, barrel crates, pointed type, best 3.00; tew fair quality 50; Florida bushel hampers, round type, 2.23a2 Texas, bulk, per ton, flat type, 280.00 Celery—Supplies modarate; moderate; market steady; nch cratés 3-6 ‘doz. best, e ordinary quality, some 0; California, crates, 50a7.00. ettuce—Supplies moderate d moderate: market steady ja, crates, iceberg type, 4.50a4.75 da, 113-bushiel hampers, big Bos- ton ty 00a2.25; few 2.50; iceberg t 5a2.50 Onfon Market Steady. Onions—Suppiies limited: \ited: market fairly steady: New % and Ohio. 100-ib. sacks yellows ‘o1, medium to large sizes. 3.25n3.50. moderate; de- market steady; Mich- sacks Russet 2.4082.60° per sack: sacks Round 3.3382.50 per sack ach—Supplies -moderate; moderate, -market weake exas, bu. baskets Savoy, 1.73al outh Carolin waet potatoss—Supplies light; de- a light, market steady; Eastern Shore, Virginia. éfoth’ top stave bar- rels Yellow - varieties, No. 1, 7.00; North €aroftna, cloth top stave bar- varfeties, and Porto 1,-5.0023.50; whita yams; Georgia, ‘bushel baskets Rigans, some decaved, 1.50a2.00. Tomatoes—Supplies 1ight worted Cauliffower—Supplies light o market firm; a3.00. Leans—Supplies moderate; moderate, market Florida, 7x-bushél hampe 5.00: fair quality, 2.50a4.0 quality low as 1.50 Eggplant—Supplies 1ight: demand good for good stock, market steady: Florida; pepper crates, 5.00. Strawberry Demand Light. Peppers—Supplies light; demand moderate, market steady; Florida pepper crates, fancy, 4.; Cabbage moderate, dsmand Florida, 3.0083.25 small short, de- mand sdferate -1b. demand Calitornia demand ; some poor cumbers—Supplies lig market firm demand mand light, pony condition market steady 35a40: s 30 quart 1 Carrots—Supplies liberal; demand moderate, market steady; Texas, hel baskets, best, 2.25a2.50; some small size, 2.00, cots—Supplies ver: reported. ght; no sales DAIRY PRODUCTS. RALTIMOR bruary 2 (Special) oung chicken 28 RS a10; guinea | ed poultry ed breasts roosters, 1% a%: capons. zEa- neart 537 cases; native firsts, doz. offared at fons, 57 good “40at2 to primes. ladles, packed, dairy store ter. 33a34 CHICAGO LIVE STOCK MARKET CHICAGO, February 72 {lnflnd States Department of Agriculture).— | Hogs—Receipts, 100,000 head; mostly lower than Saturday's bes: : pigs and light lights, véry un-| en, steady to 5 lower; top, able medium and butchers, 10.00a10. most ) pound averages, 10.35a10.60; 170 pounds. 10.00a10.40: g weolght slaughter pigs, few upward to-10.00; g sows; most 9.50a little doing heavyweight hogs, 10.10a10 Cattle—Receipts, stecrs, uneven; steady to 25 lower: | niostly weak to 25 off; lower grades showing decline: trade slow; killing quality medium to good; moderate ply good to cholce heavies offered; receipts increased by liberal last week: early top vearlings, 10.50; some ¥ bulk fed steers of quali- and condition o seTl at 5.00810.00; she stock, strong to 15 higher; spots 1p more on_better grades fat cows ard light well -conditioned .heifers ills, strong to 15 higher: he; )gnas, 4.00 and better: vealers, 25 10 50 higher: quality considered; bulk to packers, 11.00a12.50; few light kind downward to 10.50:° handyweight srading good to choice, 14.00215.50; stockers znd feeders, firr Sheep—Receipts, 19,000 head; early sales fat lambs, unevenly steady to 25 lower; choice lambs to shippers, 18.75a18.85; few sales to ,packers, 18.00a18.50; no clippers sold: Jat sheep fully lower; most sales | fat ewes, 9.00a feeding lambs, sieady at 17.50a1 2,000 head; beet slow; old stock, Cali- | demand | . cIo{lt fop veneer bar- | | a3t No sales| 9: choice, | ANCIATL, ¥ WILLIAM F. HEFFERNAN, NEW YORK, February2—The tra- ditional Monday selling made its ap- pearance in today's curb market, but this did not mean that the session was without feature on the buying side. Considerable interest centered In the initial trading in several new- iy listed securities. Oppenbeim Col- lins, which was offered pubiicly last week at $45 a share, Opened at a scription flgure and was active taken between 46 and 45. A heavy demand came into the market for the new Est Raflway of France 7 per NEW YORK, February 2- ing s an officlal lst of ctocks traded fn on the Curb Market today: Sales in BONDS. thousands. & Allied Packers Gs... 17 Allied Packers 8. 2 Alum s new 27 Am Gas & hlec os Follow- bonds and New York L 1 Am Rolling Aitle 0 101% § Aanconie on.. . 10 C't Berv P & Lt .. Con Ga Ralt Cias n I v B p 4 Federal Su 1 Fried Kru 13 dmedon iy 2 Lehigh Power 8s 3 Libby MeN & I 1 Maaitoba Power s L5 Mia cont Pet (o wi or Etat Pow or 8t P M R Pet Tha 85 e O Co_ o%n a Stoel Tn Wi neen 7s Gas & Ei Bise Yacuum ¢ Webster Milis 6iga. (3 Hogoia 8 France 7s wi National 7. Kingd Nether 6a.34n 8 Rep of Peru &s-82s 2 Solvay & Co M 34x B 1 Swiss Gort 34w Sales STANDARD OIL 18 in units. 2800 Anglo-Am 011 200 Atlantic Lobos 10 Borne Scyrmaer 60 Huckeye P L.... 200 Creacont P L. 120 Cumberland P L. 190" Eurekst P L. 200 Gal Sig 284 mble o 1P L 570 1mp 01 of Can. B 8: on'a mr R Sales ia INDEPENDENT OIL STOUKS. huadreds. 44 Am 21 Ark 25 {arin Ryna 10 Cities Sers Yaracaro 6 Cities Servic $3.000 ¢ v a % Cotumbla Srad Cont @il . za&,mr Gibson 0l Corp Guit Oil of Pa Kirby Pt - 5-E82 4 SRk Peer Oil Coip.. Pean Beaver Oil Ryen Con & 1 Sajt Creek Cons.. Salt Creek Prod avor Ol 3 Tidal Omage Oil NV Tnit Central Oil. YVentura _Cons.. Venezuelan Pet Cleve Auto_pfd.. piex C & Ry T Du’ Pont Motors. .. Duz Co. A 33 1 Bd & Share’ pf B&sSncw Insestors Inc. i rp derated Metals Fhen Tospect Mach: Fread Fisemann RC 6 Freshman Caas Glllette & R COMMODITY NEW'S WIRED STAR FROM ENTIRE COUNTRY INDEPENDENCE. Kans., February 2.—The latest advances in crude. oil in this territory have brought prices higher than at any time since Sep- | tember. The increases have added | about $280,000 to the daily incomes of Kansas and Oklahoma producers. ATLANTA, February 2.—The Geor- gla gasoline sales tax of 3 cents a gallon elded $3,564,596 in 1924, pc- cording to official figures. - HOLYOKE, Ma February: 2.-— The American Thread Miils hére have stepped up :gnrnuonl from three to five days a Week, AUGUSTA, Ga.. February. 3.—Prac- tically all the -textile mills in north Georgia are working night shifts and buying raw cotton freely in the open market. PITTSBURGH. February 2—Market conditions affecting plate glass are improying, but the increase has not been so marked as in window glass. However, orders for future delivery from furniture makers and automo- bile dealers are satisfactory. ST. LOUIS. February 2.—The Davis premium of a point frem the sub-| Orchards, the largest in the Oszark ‘Retore yon buy one Be sure they are as good as your dollars. region, including 1,000 seres of Taney- County, Mo., will jbe sold shortly to satisfy mortgages to above $500,000. “THE® BVENING STAR, WASHINGTON, D. C., MONDAY, FEBRUARY '[ NEW YORK CURB MARKET | Received by Private Wire Direct to The Star Office el cent bonds at 8815, compared with the offering price of 87%. Several high-priced standard oils reacted sharply from thelr top prices of Saturday, but changes in the olils generally were on the side of advance. Vacuum Oil was up another. four points at %6, The heavy selling of radio shares, which went on through- out the week just past, abated to some extent. Freed-Eisemann, how- ever, continued a weak spot and sold down to a new low around 25. Bbissonnault, around 2%, was one of the few of the group to recover the entire loss sustained in the recent break —_—e o8 Gien Alden Conl 8 Goodyear Tire Grennan n.n;-- 5 3 u 30 W Jomes Kadio e Kremer Wme '$ia S—»»w&._ ‘oal Ch Stares Mengel Box ALt S Cusil v nw Nick PI now ptd wi Oppenbeim Collin wi Omb Corp A’ pfd.. Omb Corp vt Paige Motor ory we Lot Reld 1 2 teid I Cptd Eeo Mot D Rova Rad Co Seagrave wi .. Sierra Pacific Shattuck F G...... 3 Sleep Rag Co v &1 new. . Southeaste;n P & T, outh Cal Edison. £tand Pub Co A Stuts Motor - Bwitt Intl §witt & Co. wan Elec Power Tnerm” Rad Corp Tower Mf, ‘ Unlon _Carbide " Unit G & E new. . Thnit Lt & Pow A United Pre Shar... Ut P & Lt Co A 2 Ward Bak Cor B Ward -Bak Cor pfd e Radio Corp. en Rros Western Power West Power rin Wick Spen 8t Co wi MINING. rp N Lambert wi :«A"-;:-EN.AQN o a 3 Cons Cop, Mines Cresson Gol Diam Black. Buiie. Dolores Esper Eureka Croesus ... Goidfield Develop Harmill Div ..... Hollinger 3 3 Hocla Mine . Plymouth Lead Mos .| Prem'er : 4 Teck Hughes. Tonopah Mining Wenden Copper West End Fxt a0 Yukon Alaska Tr ot ‘157 FOiin s N T Continental Trust Company £ Capital One Million Dollars H 14th & H Streets i Eunm|mgnunngmmm_l_mmggmmmmmmnn FINANCING Unlimited Funds Ava o FRED T. NESBIT Investment Building g J MONEYTO LOAN in any amount om 5 FIRST MORTGAGE E| Distriot of Columbia Real Estate Thos. J. Fisher & Co., Inc. 738 15th Streét Phone Main 6830 EIEEEI FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F St. JOHN POOLE, Prestdent BONDS GERMAN sroccs Bought—Sold—Quoted Full New York and Berlin Market Received Daily Send for Special Market Letter Peter Whitney 203 Investment Bldg. Telephone Franklin 3078 A New Booklet “Fifty-two Years of Proven Safety” HIS new booklet will interest every investor whose first consideration is safety. It tells simply and briefly the facts that have won for Smith Bonds the confidence of investors in every State in the Union and in 30 countries and territories abroad. Mail the coupon today for a copy of this booklet and 7% for descriptions of cur: No Loss to Any Investor in 52 Years rent offerings that pay The F. H. Smith Co. Founded 1873 FIRST MORTGAGE BONDS Smith Bmldmg, BlSFlft:enth St THx . smrTi couPAlfll Smith Building, Washington, D. C. Please send me your new booklet and information about Smith Bonds pay- € 7% Name. Address § 6% Interest No charge Moderate title, commissions. for appraisal. etc. Let us refinance your maturing ¢ trusts. Quick Action Columbia Building Association 716 11th Street N.W. Under Government Supervision We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street EDSON. President Assets . You—YOURSELF! save and you'll soon get o the dependent class. Join Equitable Co-operative Building As’sn JOHN JoY Organized 1879 s ... $4.942,132.68 Subscriptions for the 88th Issue of Stock Being Received Who Should Determine Your Future? Work Equitable Systematic Savers. FRANK P. REESID) 45th YE Surplus +osee0s b0 and ut of the army of 4000000000000t Are You Going to Build ? If so, you will find it to your bést interests to secure. your building loan at ‘moderate rates from BOSS v PHELPS LOAN DEPARTMENT 1417 K Street NW Main 9300 38 Main 87 In Washington Worth Double The Amount Of the Loan— Interest Rate Today 62 9— Denominations of $100 to $5,000— Partial Payments Received— lence in iovesting momey on | without sny loss to wny | 1925. FINANCTAL: nterest Rate an Frovad % a3d commision ' | . e Joseph 1. Weller . & & 7 | Offering o. P DORNELL e, - - | b FIRST MORTGAGES "1 have FOR SALE a limited umoll;; | 6%2% Mortgage Notes 2% Il THZ TYPE OF SECURITY iy INVESTORS BUY b amonss owned e only g% ot s IN DENOMINATIONS TO Chas. D. sager JAMES F. SHEA Realtor ~ M.37 643 Louisiana Ave. N.W. —_ == First Mortgage Loan | Money to I_Dan i ling interest and nlmml 181¢ 62% e Fww CHAS. D. SAGER ? 7 FOR SALE . 0 First of FIRST TRUST (Mortgage) CONS ERVATIVE C. L. O'Donmell, Mgr. D. C. REAL ESTATE secured notes. } avall yourself of lK)l wpportunity. SuIT PURCHASERS 924 14th St. N\W. 38 D. H. ROLAND DRURY | Phone M. 23. Room 403—1410 H §t. N.W. Departmental Employees “Your Bank” Will loan you One Hundred Dollars to start a Four Per Cent TRUST DEPT. 5:30 P.M. Today § —for the con- venience of our many patrons in the govern- ment service— and others. Pays SPECIAL DEPT. FOR LADIES. FOREIGN EXCHANGE. Montgage Investment Department Savings Account TRAVELERS' CHECKS FOR WINTER TOURISTS. Write or call for further information SHANNON & LUCH 713 and 715 14th St. N.W. 2345 Organizea in 1814 Compound Interest National Metropolitan Bank Capital, Surplus & Undivided Profits Over $1,800,000 15th St., Opposite U. S. Treasury—111 Years Old THE DEPARTMENTAL BANK 1714 Pennsylvania Avenue Under United States Superviston Main Our Savings Dept. Government Rockets nd Rockies Speculative stock issues may be compared to fireworks. They may shoot up brilliant- ly. Yet no one can anticipate when the appalling descent will begin. APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent Suburbs in Montgomery County, Md. 53 % INTEREST But First Mortgagesare not fireworks. The values of the offerings of a house like Swartzell, Rheem & Hensey Company do not diminish. Year in and year out invest- ors receive their interest payments on the day they are duc. Our First Mortgages are the Rockies of investments —they make fortunes mount slowly, but surely/ '.fl pply ro H. L. RUST COMPANY LOAN CORRESPONDENT ©he PRUDENTIAL INSURANCE COMPANY of AMERICA 912 15th Street N.W. Main 6888 SWAPJZELL Igg-IEEM eHENSEY Co. 20-657Smeet, NW LCflshmqionD C. Years IWithout Loss to An Investor All of these Bonds have poen so.d, $20,000,000 Est Railroad Company of France (Compagnie des Chemins de Fer de I’Est) 7% External Sinking Fund Gold Bonds this adsertis it er 0i YOl o February 2, 1925 Dated November 1, 1924 Interest payable May 1 and November 1.Coupon bonds in denominations of $1,000 and $300. registerable as to principal. Principal and interest payable in United States goid coin of the preserit standard of weight and fineness at the office of Dillon, Read & Co., New York, without deduction for any French Taxes present or future. Application will be made in due course to list these bonds on the New York Stock Exchange. A Fund is provided, beginning May 1, 1925, which is calculated to retire the entire issue by maturity, by pur- chase in the market at or below 100% and interest, or if not so obtainable, by call by lot at 100% and interest. Redeemable as a whole at 105% and interest on November 1, 1929 or any interest date thereafter. Due November 1, 1954 Information in regard to this issue is §iven in a letter from M. Maxime Renaudin, President of the Board of Directors of the Est Railroad Company, from which we summarize as follows: DESCRIPTION OF THE COMPANY The Est Railroad, which is one of the leading French railroads, operates 3,124 miles of track and connects the city of Paris with Belgium, Luxembourg, Alsace, Lorraine and Switzerland. The geographical situation of its system assures a heavy freight traffic, as it serves one of the most important industrial regions of France, including the metallurgical district of Nancy, and the Briey Basin mines, and lies directly in the line of communication with the countries of Central Europe. Largely for this reason the receipts per mile of the Est Railroad are among the highest of the French Railroads. OPERATING PROFITS Dividends have been paid on the common stock of the Est Railroad without interruption since 1846. For 1924 the earnings of the Company after payment of operating expenses, interest, dividends and full provision for reserves will leave a balance sufficient to enable it to contribute approximately 20,000,000 francs to the railroad “‘Common Fund” referred to below. Before the war the Company prospered to such an extent that by 1911 it had repaid all advances theretofore made to it by the French Government on account of interest, and was free of debt. That part of the Company’s system which was destroyed during the war (approximately one-fifth) has since been restored, the cost of restoration having been met by the Government, and all debts of the Company to the Government contracted from 1914 to 1921 have been cancelled. SECURITY This is the first fofexgn loan contracted by the Company. The bonds are the direct obligation of the Est Railroad Company, rank pari-passu with all other issues of the Company now outstanding,and the Company covenants that it will not place any mortgage, lien or other charge on any of its properties or revenues without causing this issue to share ratably in the security created by such mortgage, lien or charge. GUARANTY OF FRENCH GOVERNMENT The payment of interest and sinking funds on outstanding bonds of the Est Railroad Company, and amortization of and dividends on its capital stock is gecured 1. By the operating receipts of the road; 2. By the “‘Common Fund” of all the large French Railroad Systems into which Fund certain excess receipts of all Systems are paid; 3. By the payments which the French Public Treasury has undertaken to effect if necessary to make up any deficit in the Fund. The “Common Fund” of the French railroads and the undertaking of the French Government in connection therewith are described in detail in the President’s letter. PURPOSE OF ISSUE The proceeds of this issue are to be used to meet the cost of constructing new lines, for repairs and improvements, and the purchase of rolling stock. We offer these bonds for delivery, when nd if issued and received by us and subject to the approval of legal matters by our counsel, Messrs. Coudert Brothers. in New York and Paris. It is expected that Interim Receipts of Dillon, Read & Co. will be ready for delivery on or about February 10, 1925. Price 87 and Interest. To Yield Over 8.10% " Further information is contained in our circular which may be had on request. Dillon, Read & Co. Marshall Field, Glore, Ward & Co. Cassatt & Co. The Union Trust Company The statements herein, partly received by cable, have been nmepted}y us as accurate but are in no event to be constriied as representations by us. White, Weld & Co.