Evening Star Newspaper, February 10, 1925, Page 23

it PRIGES HOLD FIRM AT GENTER MARKET Butter Ignores Rise in Other Cities—Drop in Eggs Tem- porarily Halted. York and Chicago r condition of the butter market. advanced one-half cent, but dvance, it is stated, will not *t the local’ market. \ere is_still much storage butter ckers were overstocked on, it is reported, their reported a < { supply amounting to approxi- wely 34,000 tubs, This butter has a fisby flavor at this season, dealers say. and has to be sold, at a loss, for cooking purposes. Tt is said that the supply of storage e&RS is about exhausted, Dealers re- norted the egg market this morning #s being a little firmer, but with no change in prices. Today's Wholesale Prices. Rutter—Fancy, ; prints, d, 47a . 16; Spring chickens, 20; keats geese, Spring fowls, 5828 e i—Fresh-killed ; capons, stock—Culves, choice, 10 thin, 6a7; . sa12 Vveal, 12a20; ; Nogs, 14al16; loins, 20a22; and shoulders, 14a15. Frait and Vegetable Review. Today’s market report on fruite and vegetables compiled by the Market News Service Bureau of Agricultural onomics, saye: Apples—Supplies moderate; demand lght, market steady; barrel land, Virginia and West A213 finches up. Staymans. few 7.50: A2t 00; A21g-inch, Black Twigs, 6.00a7.00; A2% Davids, very ~few sales, 6.50a7.00; boxes, Northwestern, medium to large sizes, extra fancy Staymans, 3.25a3.50; Delicious, 4.25a4.50. Cabbage—Supplies moderate; mand slow, market dull: old stock: New York, bulk, per ton, Danish type. mostly around 35.00; new stock: Flor- ida, 115-bushel hampers, pointed type, quality, 1.50a2.00. y—Supplies moderate; , market steady; Florlda, 13a14; medium, lambs, Spring, 13 Meat Virginia, 6.5087.00, de- demand 10-in¢h Tomatoes Extra Dull. Lettuce—Supplies Mmoderate mand light, marKet steady: fornia; Imperial Iey, crates, Idei berg &, 5-6 d 4:00a5.00; few 4 doz, Florida 11;-bushel hampers, big Boston type, 500ad. Iceberg type, poor quality and cah dition very few sales, 1.00a1.50; few best. 2.00. Oniong—Supplies moderate; demand light, market steady: New York and Ohio, 100-pound sacéks, yellows, U. S No. 1, medium to large sizes, mostly ! de- Cali- —Supplies moderate; - de- | ate; tradiug.light, market 1s, bushel baskets, Savoy, Supplies light: demand market . dull; . Florida, sixes, and turnings. wrapped, fancy count, -best, 5.30a6.00; poorer, 5.00. Potnto Market Steady. Potatoes-—Supplies moderate; de mand moderate, market steady; Mich- igan, 150:pound sacks Russet Rutals, United States No. 1. mostly 2.50 per sack: New York, 150-pound . sicks Round Whites, United States No. 1, mostly 250 per Maine, 150- pound sacks Green Mountains, United | States No. -1, 2.75a.00, mostly 2.76 | per sack, % Caulifiower—Supplies libera'; de- mand light, market dulls California, crates, 2.75a3.00. String beans, veas, cucumbers, egg- plant, peppers, strawberries—Express ts late; no early supplies on the market: no sales reported. Carrots—Supplies ‘iiberal; light, market steady; Texas, baskets, wide range in prices, 2.35. Beets—Supplies moderate; light, market steady; Texas, baskets, 2.75a3.50. Hght wack demand bushel 1758 demand bushel ANCIAL, NEW YORK CURB MARKET R‘Y WILI M F. HEFFERNAN. NEW YORK, February 10.—Heavy | buying of selected fssues tn the min- ing section, slight upturns in the oils and an irregular movement else- Wwhere characterized happenings on the Curb Exchange toduy. The new Kel- vinator stock, which opened almost four points above the price Monda again gave a good account of itself. The congressional investigation into recent advances In crude and refined oil quotations failed to influence the market for the oil shares, NEW YORK, February 10.—Follow- ing Is an official list of bonds and stocks traded in on the New York Curb market today: BONDS. Allied Pac Alum 7 Alum Tx 3 Am Gas Am Beet Am Pow Central Leather Gs.. 108 Co = Cit Serv 7s () Cit Serv Ts D Cit Rerv P & Lt 6. Con Gas Cuba C Detroit City 6, Detroit Edison 6 Dunlop T nd Tronk 6 £ 0il Corp 41 Mid_Cont 1 Nat 7 NW Orles 5P S M 6 Ohio Power Penn Pow & Phila o5 PG & E Co Pure Ol Co Blys Rema S - 1 Shawsh, 1 Souther 88 Stand 83 Bun 01l 54 "ni Ry of Hav Wabash 5les wi FOREIGN B( 8 . 78 wi onal Ts... 10 Ind Mtge Mk Fi 3 Kingd Nether 6s 1 Krupp Fried 7s 8 Rep of Pern & 5 Russ Gove 5lgy 30 Russian Govt 8%, 1o 1 8 Solv 1 Swiss Govt b Sales in STANDARD O Angio-Am ) Bukeve 300 ¢ ol Pipe_ Line bl 110) Humble 01 & R 10 Iinoix - Pipe Line 500 Tmp Oil of Ca 2000 Tmp 0 of € new Wi 31300 Int Co_ Ltd 90 Magnolin Pet 500 Nat - Transit 100 XY Transit 700 o~ Oil 460 Pra 117 Kouth Pean 011, 10 Southern Pipe 10 Soutlwest Ia Ib ¥ & 0 Indiana 30 8 0 Ohio: 285 Vacuum Oil L¥ales tn - 1N luna 7 Cities 8o £1000 Vitiex Serv o $4000 (Sities Rervice arip 211 ot 49 Giiwon 01l Corp 10 dien Rock Ol 8 Gulf Oil of Kirby Pet p Pet’ T €0 Lance Creek . 10 Mornt Prod 3 Monnt_Guif t Fuel Washington Stock Exchange SALES. Washington Rwy. & Elec. g. & r. 65—$1,000 t 101 “'\utiohinl Mtge. & Iuvestment prd.—30 at S S AT Y i FUR PRICES ADVANCE ‘ AT NEW YORK AUCTION | Red Fox in Excellent Demand in Largest Sale of Kind Since 1920. Bpecial Dispateh to The Star. NEW YORK, February 10.—Bidding for red fox featured the Opening sessions of the fur auction that bes gan here yesterday. The sale s the| largest to be held in th since the boom days of 1919 and 1920. Buyers were present from all the leading fur markets of this country and Canada, as well as from France | and Germany. 1 The best price received for red fox was §35. “This fur is much in demand for trimmings at the present time. 2nd manufacturers bought it freely. ‘White fox brought a top price of! 35, while the best lynx pelts fetched £10.50. Wild cat brought prices rang- | ing up to $11, and the best skins in a collection of nearly 200,000 squir-| rel sold at prices ranging to $3.65| each Compared with the average prices all sale of the New the furs sold to- | READY TO BUILD ROAD. Coast Line and L. & N. Plan to Start Construction at Once. NEW YORK, February 10.—Plans for the construction of a new rail line by the Atlantic Coast Line and Loutsvilie and Nashville Railway to open the east- ern Kentucky coal fleld are making satisfactory progress. Congtruction work is expected (o Start as soon as en- gineers have completéd a survey of pos- sible connections with the Carolina, Clinchfield and Ohio, which is under Jease to the other two roads. BIG DROP IN EARNINGS. NEW YORK, February 10.—Gross| earnings of the American Locomotive 7 b 1094 nmeinted to $56,301.843, the annual report revéaled, in contrast To 3wu.is year petore. -avec profit of $6,649 red with $12, 376,564 in 1923, and was equivalent aftef allowing for the préferred div- idends to $9.80 a share on the com- mon stock. PIG IRON DEMAND UP. NEW YORK, February 10.—Demand for pig iron has improved. noticeably in the New York district in the last few days. Pending inquiries exceed 25,000 tons, against about 7,000 tons. a week ago. Prices are unchanged at $23.60 castern Pennsylvanla and $23 Buffalo. LIVE POULTRY PRICES. CHICAGO. .February 10.-—Poultry, alive, unsettled; fowls, 21a23; springs, 9%, 50 at 9%, 30 at Ok AFTER CAL & Trust Co.—10 at 820 Lty 38200 at 1uld, $100 % iiany;ton At at 101%, 3 ‘Ston Federal-American National Bank— Money—Call loans, 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY. American Tel. & Telga. s, Ametiean Tel, & Telga. 4ls.. Am. Tel. & Tel. ctl. tr. b5 . Tel, & Tel. conv. 6s. Anacostia & Pofomac bs. Auscostia_& Potomac g G.'& P. Teiephone 3 & P.’ Telephone of pital’ Traction R. y & Buburban .. Seorgetown Gas 1st 58.. c. 1st 5, Potoma 6s 1958, .Pot. Elec. Pow. g m Wash., Alex. & Mt Wash., Alex. & Mt. Talt. & Annap. ngton G 5 jngton Gas 6 b MISCELLANEOUS, D. C. Paper 8s..... . Pot. Tornt Stk La ik, 5k Riggs Realty s (long).. Riggs Reaity 5s (short uthern Bldg. 6ls. Wash, Market Cold Wardinau Park Hotel STOCKS. PUBLIC UTILITY. axi com. NATIONAL BAN| National Capital Columbit Counnerc] Termiaal omingtee & Sui 2t Washing.wil ..o Eatinity Savings & Com Seventa Birewt Morchants’ Mergenthal Nutl, Mtg 0la buten 27; roosters, b} surkeys, 25; ducks, 26; geese, 16. Received by Private Wire Direct to The Star Office The shorts in Thompson Radlo had to bi¢ the price up further in order to cover in their commitments, But other radios did little one way or the, other. Bolssonnault was active again, just under 3. Glllette Safety Razor continued strong, following publication of the 1924 report showing over 35 a share earned on the £2,000,00 shares of no par common. Utah Apex, around 7; Wenden Copper, at 3, and Hecla Mines, well above 16, were featur in the mining group. _— Peer 0il Corp.. Peanock il (Wip. Koy Canad 0 & R Ryan Coa Balt Ck Jre United Centeal Ve 1% 2 PRUPA Woodley Pet .. INDUSTRIALS. o Pow & Lt new 8714 [ PBEE 1 Rorden Co 1Y Hotany Con Miils A 47 Boiasonuult ... Rridgeport Mach. .. Rrit-Am Tob Con irit-Am Tob C Reg 'y City R R Add Mapid 10 I L] Car Light 25 ‘Centrif Pipe Corp _Chatterton & Son .. nilds Co new . i) Cleveland Auto pfd 94% Common Pow Cor.. 12 Comumor Conro ¢ Continental Bak A. Continental Bak R, Continental 5 Cuba Co.r 4 Cuban Tob ¥t tr cfs Curt_Aero Mot pf.. Dt For Rad vt tr ot 33% 5 Doebler Die Cast... 195 3 Dubil C & Red new 324 Durant” Mo " ¥ N 1 Dup € & Rvt'teef 1 i e lec Bd & Share pt 103 | Bd & Nh oo vorp BAM 3 Elec Investors Inc 474 5 Film Taspect Mach 10 Ford Motor Co Can ‘reed-Eisemann RO Freshman Chas # ien G & E pfd AL 1 illette s R 2 ilen Alden oCal Goodyear Tire Grennan Bakeres rimes R C R 2 Hageltine Cory. fmperial Tohac Inter Contl Rubier Tatl A C ot wi Inter R O.. Kelvenator wi . Tehigh Power s Tohigh Val Coal . ieh Conl N0 Lib MeN & L new § Libety Redio Ch Kt Mare Wi Can T Led 1051 84 ATt A (] 94 Mid We Tti] pr lien ie Co . at Tea 508 Nickel P1new wil 3 open Ceiline wi Omuibus Corp A pf Omaib (o v tr cfs Phice Motor . aaans e 5 Reld 1 Reo Mot ... .00 Rova Rad Co't cfs Seagrave wi ... Shattuck F 00 Sleeper Ra Co vt¢ 16 % C & I new 0 South Cal Bdiwon 108 . et Sonthwest Bell ptd 108% Stand Pub Co A... 208 Stutz Motor gwitt Inrt Swift & Co.. 10 Tenn Flec Power.. Tenn.Riee P 24 pfd 3% Thermiodyne Radio 13 Thompson Rad vte. 141 Tower Mfg........ 181§ Tallp Corp w1..... 15 United Lt & Pw A 247% tlitles P & L A 25 niversal Pietures, 27 Vietor T M. 80 Ward Bak Cor B0 411 Ward Bak Cor pid 84 Weitern Power ptd 83% Wh Rk M 8p n vie 17 Wick-Spen Steel wi 4% Yellow Taxi N Y.. 19 MINING. Atizona Globe Cop. e Rl o a ud et RS e e & BE R Con Cop Mines. o Cortes Wilver... Diam Black Butte. Dolores aeivs Dundee Ariz Cop... iog Gold Ltd Ind.. Eureka Croesus.... . First Nat Cop. First Thonght G M Florence Goldfid M Goldheld Deep Mi Hecla Mine s Howe Scund ... Independence Toad. derome V Devel.. b Cons ......... 3 ay Copper Corp. Kerr Lake ew Jersey Zinc. evada Hills Min.. . 3 Nivissing - : Ohio H Parmac Pore M Lid .2 Plymouth Lead M. .80 San Toy. 05 Sily King il So Am Gold & P.. Spearhead Gold.... Stand Sily Lea Success Mines 2 Tonopah Exten Tonopah_Min. United Eastern U S Contl .. Vtah Apex Walker Minfog. Wenden Copper Wett Lorrain 81 Whst Ttah CHICAGO LIVE STOCK MARKET CHICAGO, February 10.—United States Department of Agriculture: | Hogs—Receipts, 30,000 head; market less active than early, mostly 10 to 15 oents higher on hogs averaging 180 pounds. upward; light lights and pl weak to 26 cents lower than Monday's average; top, 11.40; several loads at that price; bulk desirable weighty ibutchers, 11.20a11.35; most good and chofce 180 to 220 pound kind, 10.88a 11.20; 140 to 170 pound weight, §. most desirable strong weight slaughter pigs, 8.76a9.25; few sales of packing sows, 10.25a10.50; - heavy- welght hogs, 10.85a11.40. Cattle—Receipts, 11.000 head: bid- ding weak to 25 cents lower on fed steers; few early sales stfady to weak; trade very slow; practically at standstill; killing quality largely me- dium; run includes few l10Ads of choice weighty bullocks; some held above 11.00: well finished yearlings scarce moderately active demand for all grades of light beef heifers; better grades fat cows very Slow, tending lower; bulls 10 to 15 cents off: weighty bolognas mostly 4.65a4.75; few 4.85 and above; Vealers uneven; supply comparatively small, bulk 25 cents lower, at 11.50 downward; out- siders buying sparingly at 12.00212.50 mostly. 3 .Sheep—Receipts, 11,000 head; early sales fat lambs around steady; bulk 17.25a17.50; top to outsiders, 18.00; fat sheep dull, 25 ocents lower; odd lots fat ewes, 9.00a9.50; no choice ewes sold; feeding lambs scarce, steady; bulk, 17.25a17.50. SERT S oo I S BUTTER HIGHER TODAY:. | CHICAGO, February 10.—Butter— Higher; oreamery extras, 89; stand- ards, 39%; extras, firsts, 371%4a381; firsts, 3514a36%; seconds, 33a34. Eges — Higher; receipts, 10,671 cases; firsts, 42a42%; ondinary firsts, 39240. “ Fresno, Calif, in 1908, was the first city to have an automobile news- ! paper delivery service. Jdpanese Anxious For U. S. Business," Welcome Proves Fly American Flags Over Tiniest Shops—Papers Advertise Friendship. By Radio to The Star and Chicago Daily News. TOKIO, February 10.—Commercial Toklo, through advertisements in twa of the foreign newspapers, iy giving an fmpressive dlsplay of welcome. to the visitors from Seattle. Neither “wounded pride” nor America’s fail- ure to extend a reciprocal weloome has been permitted to interfere with the bid ror business relations, The Stars and Stripes are flying from the smallest of the shops. The chambers and associations of com- merce print page advertisements, pro- claiming the warmth and sincefity vf Japan’s friendship for America. (Copyright, 1925.) PRICEWARSTART N WoOL TRADE Growers and Consumers in Annual Clash—Demand to Determine Rates. BY J. C. ROYLE. Special Dispatch to The Star. BOSTON, February 10.—The annual tug of war now is on in the wéal trade. Growers and consumers of | raw wool are straining vigorously in opposite direction over the matter of prices. weakening, and are that the compared to on present {indications weight of demand as supply will be thrown the side of the grower for some time to come. Stocks in the hands of manufacturers are comparatively small, and consumption in.domestic mills is proceeding at a rate well { above 70,000,000 pounds a month, | Foreign Marketa Soft. On the other side of the wcale fs the softening tendency in.the Yor- eign markets, notably those of New Zealand. This has been followed by a slight falling oft in prices of some mrades here. The response which fol- lowed the opening of the Fall lfnes of the American Woolen Co. haw been excellent so far, it is understood, but it has not yet been sufficlent to detbrmine just what the manufactur- ing trend must be during the Sum- mer. Reorders must come before that can be indicated satisfactorily. Prices Held Reaso: It is sure that there is not going to be an exce supply of domestic wool if manufacturink operations proceed at a normal and satisfactory rate. It also Is sure that if wool prices rise to sufficient heights, de mand will be choked off, necessitat ing & smaller mupply. The price: named by the American Woolen Com- pany are considered to have been re- markably reasonable in view of raw material costs, but they are subject to advances and consumers of gooda have set their faces resolutely agafnst paying higher figures for fnished products. Little Worry Over Cuts. Little importance is attached to the easing tendency of the market her: Those who predict higher wool pric sy that the trading has been of ex ceedingly small proportions and tha some of it has represented “saorifice’ sales made with intent to drag the price level down to lower figures be- fore the arrival of the 1935 clip thus allowing more /profitable han- dling of the new wools from the West. Whether this is true or not, it has not affected the attitude of growers in the slightest, The price ideas of flockmasters have been advancing steadily. A New England manufacturing concern, it is estimated, has bought in the few weeks approximately 1,000,000 pounds of Montana wools for future delivery at prices ranging from 50 to B1% cents a pound. Twelve months wool in Texas have been contracted for on a 60-cent ba the highest figure reached since 1921. Sharp Changes Unlikely. The very fact that contracting for unclipped wools has been so heavy and at such high prices, is expected to mitigate strongly against a still further big advance. Many mills have secured their requirements 11 through the Summer by this means, and are out of the market. The reduction of 10 per ‘cent in wages, now effective in many New England mills, is enabling producers of cloth to absorb some of the in- oreased cost of materials, and good prices appear fairly AllL in all, therefore, there scems & lfkelihood that the raw wool market will not show wide fluctuations either way in the near future, although the impulse for a time probably will be upward. YOUR INCOME TAX Expert Advice Given by United States Internal Revenue Bureau ° Based on_Latest Changes in Legislation. ARTICLE NO. 29. Varfous penalties are Imposed by the revenue act of 1924 fof failure to flle & return and pay the tax on time, and for making a fraudulent return. Distinction 1s made between failure and “willful failure” to fle a return. For faflure to file the return on: time the penalty is 25 per cent of the amount of the tax, unless a return is later ‘filed and it is satisfactorily shown to the commissioner of inter- nal revenue that such failure was due to & reasonable cause and not to willful neglect. If a taxpayer exer- dence, and nevertheless ‘was undable to file a return within the prescribed time, the delay is due to.a “reason- able cause.” » For willtul fallure to.make a re- turn the penalty is not more than $10,000 or imprisonment for not more than one year, or both, and in addi- tion 25 per cent of the amount of the tak. For willfully making a false or fraudulent return, the penalty is not more than $10,000 “or imprisonment for not more than five years; or.both, and in addition B0 per cént-of ‘the amount of the tax, in case of & de- ficlency. - 2 o il 1f there is a deficiency there ji add- of such deficlency at the rate of 6. per cent a year from the date pre. scribed for the payment of the tax to the date the deficiency: is: assessed. In addition, there is added 5-per cent of the amount of the deficiency if due to negligence but Without intent to defraud. If due to fraud, the amaunt added in addition is 50 per cent of the deficiency. Dt (The mext article in this serfex whI appear tomorrow.) - - BRI R S A Nen_ travels with the. Sir John Martin Harvey's stock company. in Burope, and has never Trilssed her cue to strut across the stage in “The Corsican Brothers.” Neither has shown signs of “TFUESDAY, FEBRUARY 10, 1925 MARKED ADVANCE INEXPORTS NOTED Value of Goods Has Doubled Since | Year Before War. Bpecial Diapateh to The Bear. NEW YORK, February 10.—| !\gxnflfl(’lurnl exported - from the United Stat in the calendar year| 1924 aggremhted $2,772,174,000 against | $1,393,850,000 in the fiscal year 1914 | and $17,877,000 in 1821, the first year | of record in exports of manufactures. The valus of manufactures exported | in 1384 is thus double that of the| pre- year ‘and practically 150! times much as a century’ ago. These figures of “manufactures” | exported, ranging from $18,000,000 up to $2,772,000,000, tnclude three great| groups of articles classed as “manu-| factures’ merce, nufactures ready for con- sumption,” “manufactures for further use in manufacturing” and “manu- factured foodstufts.” It ‘thus apears, say Record of the National the Trade Clty of our domestic products, while the group “manufactured foodstuffs” shows a decrease In the percentage which it forms of total exports. Finished manufactures exported in 1924 showed an increase of $563,000, 000 over 1914, manufactures for fur- ther use in manufacturing increased 236 millions, while manufactured foodstuffs Increased 281 milions in the same period. EXPORTS FALL OFF FROM BALTIMORE | Sharp Drop Reported During Past Week—Imports Still on Increase. Special Dispatch to The Star BALTIMORE, February 10.—While imports continue to show an increase each week. exports through the port of Baltimore, slumped badly last last week compared with the previous week, according to the report of Co lector Holtzman. Imports totaled $2,636.797, an increase of $131,383 over the previous week Exports showed a decline of $1,651,- 156, as compared with the previous week, totaling $1,813,725, and consist- ed of grain, copper, agricultural mas chinery, tinplate, tobacco, ligseed aake, cornstarch, zine, luniber and unrefined wax. Kxports of flour and grain were Flour, 4,433 barrels; wheat, 5 bushels; rye, 21,428 bushels: barle: 386,450 bushels: malt, 7.132 bushels. B 17 MARYLAND TOWNS GET CHEAPER CURRENT Eastern Shore Company Reduces Rates Charged Commercial Users. Special Disphtch to The Star. BALTIMORE, February 10.— A marked reduction in the electric rate for commercial . use has been an- nounced by the Eastern Shore Gas and Eleotric Co., which supplies cur- rent to 17 communiti Jnéluding Salisbury, Cambridge, Preston and Hurlock. Heretofore the base raté has been 16 cents a kilowatt hour, with no discoufit. The new rate. a voluntary reduction and a schédule of which has been filed With the public service commission, provides a 20 per ocent discount for commercial users whose bill ranges from $50 to $100 a month, 40 per cent discount for those whose bill is between $100 and $150 = month and 60 per cent discount for those whose bill exceeds $150. MERGER TALK B0OOSTS WESTERN MARYLAND Stock Very Active, But This Year ([ Is Not Likely to See Actual cised ordinary business care and’ pru-- d to the tax interest on-the amount Consolidation. Spectal Dispateh to The Star. BALTIMORE, February 10.—Con- tinued nctivity in the stocks of the Western Maryland Rallway is the basts for the belfef that the propeérty will be absorbed by one of the larger systems on_ “terms beneficlal to the shareholders. : The strategic location of the road gives it merger posaibilities, and the cheapness of the col n and secohd preferred stocks makes them attrac- tive to many. .In the conférences of the trunk line roads Western Mary- 1and’ has been tentatively assigned to the Baltimore and Ohlo system, but the Interstate Commeérce Com- mission tentative plan assigned it to the New York Central. It may be that back of ‘so much’ talkk and “stock activity there s sométhing brewing, but it "Is -mot likely that any larger system will take the road over this year. . U.S. GOVERNMENT SEEKS- TO CUT COTTON LOSSES A conference of representatives.of all -branches of the: cotton trade to devise means of preventing avoldable losses to the industry has been called Dby the Department of Agriculture to b gin February 24. J The department's announcement said it was expected the conference would formulate a program of research work to prevent losses due to weather damage, to baled cotton, variances in baling, ginhing, compressing, ware- housing and handling methods gen- erally. ) STOCK: DIVIDEND VOTED. NEW YORK, February 10.~—The Palge Datroit Motor Car Co. hab de- clared a-stock dividendof 3% per cent the gommon stock ‘and ‘the regular _quarterly "3 per cent obash: The stock dividends payable Aprif 1 to holders of record Mach 18, 3 P .. GAIN IN REVENUES, NEW YORK, February . 10.=—Gross revenue of General Gis and Electric Corporation for 1924 .amounted ~to $18,915,015, an_increase of $3,767,110 aver 1933, After provialng for. éx- pensés, taxes, depreciation . and -in- terest on funded. debt, including sl prior ‘charges of subsidlary compa- nies, net’ incame was $1,511,189, an increase of $218,117,° ;- ERTEY Pl » : Intgrs: . If you m 'utable broker who hol in & recognized stoc! change requirements,. in themselVes, -| are’ some -protéetion, as fts members must comply With ‘business ethics as ‘provided by tules”&nd’ regutations. It & member violates these rules, he hasards his membership, which is usually his greatest asset. Manufactured |§ f by the Department of Com- | Bank, | that the groups of manufactures for | general purposes have made the chief | growth in their share in the exports| CONTINENTAL CAN’S NET. NEW YORK, February 10.—Net in-{ come of the Continentat Can Co.| increased - to $4,053,325 in 1324, qual after preferred dividends to $8.10 & share 450,050 no par value| commen shares at the end of the year, compared with 33,767,730, ov $9.18 &] A list of eighty in- vestments, domestic and foreign, selected to meet the require- ments of practically every buyer — Qur F e bruary. circular. Send for a copy. TheNational City Company. Washington—741 15th St. N.W. Telephone—Mnin 3176 FINANCING Unlimited Fun@s Avallable FRED T. NESBIT -l extment Bullding . FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Se. JOMN POOLE, Prusident First Mortgage Loan Applications Wanted | Interest Rate 6% and 6%% Apply Loan Dept., C. L._O'DONNELL, Mgr., CHAS. D. SAGER, Realtor, 924 14th B FROM $50 TO $100 Can Be Obtained by Using Our Ceruific. Inventory, Appraisal and Title. CHATTEL TITLE COMPANY 205 Firth 8t. N.W. 0DD - LOTS MARGIN ACCOUNTS DIRECT PRIVATE WIRE CONSOLIDATED STOCK EXCHANGE BUCK & CO. 312-313 Evans Bldg. 1420 New York Ave. N.W. < Phones Mpin 8673 Franklin 7300 Mnin 3353 Franklin 7501 Wanted—Position Mortgage Loan Dept., Bank, Insur- ance Company or Real Es- a2 opportunity with a future. Address Box 117.V, Star Offios. On approved Real Estate Security, Residential, Business. FIRST MORTGAGE LOAN DEPT McKEEVER & GOSS 1415 K Realtors M. 4752 FIRST MORTGAGES FOR SALE Denominations of $250, $500, $75), { $1,000 and upwards 6%2% All Loans Made on Property Located in the District of Columbia JAMES F. SHEA 643 Louisiana Ave. N.W. Own~ All :‘lhe First ortgages Which We Offer For. Sale—. This Is One Of the Vital Reasons For Investing In Our 5 2 First Morigage Notes s Paying 6149, 5 Theg are all ssoured upon " Bt Eaaly i B iy et iTe Ask for ‘Booklet valug Mortgage Investment Dept. [SHARNON, 713 and 715 14th St. N.W. Main 2345 FINANCIAL.: Virginia Loans | ‘. (Remsonable Hrokerage) | Approved Residential and Business Properties LOAN DEP'T McKEEVER & GOSS 1415 K St. of Pnterity | An Analysis of Physical Value is Submitted With Every First Mortgage Investment We Offer In amounts of $50 up. Yielding 7% interest on the day due. Purchatable by monthly payments. Consult Our Trust Dept. or send for Valuable Goldsmith Building" 1405-7 Eye StN.W, M 9670 Money to Loan Sccured by first deed of frust n réal extals Prevailing intefest and_commission Joseph I. Weller 0 Wamh. L. & Trant Bidg.. 9th & F N.W Now 52 Years of Proven Safety FTHE acid test of 52 years has been applied to the first mortgage investments sold by The F. H. Smith Company. They have come through this test without ever éausing any investor the loss of one cent of principal or interest. 7% SMITH BONDS are sold in $1,000, $500 and $100 denomina- tiohs, outright or under our In- vestment Savings Plan. Every partial payment earns the full rate of bond interest. No Loss to Any Investor in 52 Years The F. H. Smith Co. Founded 1873 FIRST MORTGAGE BONDS Smith Building, 815 Fifteenth St. THE F. H. SMITH COMPANY Smith Building, Was Please send me your information about Smith Bonds pay- ing 7%, Name ... Address ___ MONEY TO LOAN ON FIRST MORTGAGES AT GURRENT RATES OF INTEREST Reondtt S Hognen ¥ 73827 %mcm&'m/ venue Monthly Payments —will be accepted on the pur- chase of these Cariont &2 Notes, 6% intercst. principal! WA Constructi ‘: 4430 K Street. Buy out of income, oxes vear if you prefer, rather than NG, First Mortgage D e n omina- l tions range from $100 to £100,090 pany Main 3530! “We Mouse One-Termth of Washington’s Population.” An ideal Iocati offices. Main 2100 Excellent Office Space for Rent Saul Building 925 15th St. N.W. on for business Modern in every respect; elevator service. B. F. SAUL CO. 925 15th St. N.W. ' Four *“Checks” for the Investment-Wise 2. Bank Certification: Wouldn't it mean something to you if every bond you own bore a signed certificate of a local bank, stating that the bond was genuine and secured by first mortgage, as stated by the. underwriter? It prevents slips and is in effect an additional “opinion of counsel.” Bank Certification is one of the Four Distinguishing Marks of Miller First Mortgage Bonds, which pay up to 7% interest. The other three are equally important The Four Distinguishing marks of Miller Bonds are the means by which these bonds may be compared, not only with other real estate bonds, but with any other security. Call ot write:for_Folder B-7213. G.L.MILLER & CO. L b nCORORATED .. Local A.#Au—aos Phillips Bldg., ington, D. C, NO.INVESTOR.RVER . LOST.A.DOLLAR:IN FIRST ILLER MORTGAGE BONDS