Evening Star Newspaper, February 11, 1925, Page 23

‘FINANCIA PRIGES HOLD FIRM AT GENTER MARKET Much House-to-House Selling of Fresh Eggs—Today’s Vegetable Review. Today's wholesale prices at Center Market were much the same as pre- vailed yesterday on butter, egEs, poultry, meats and live stock. The condition of the egg market has caused a great deal of house-to-house selling of fresh eggs from nearby henneries. . Many people have been buying large -quantities direct in the past few day Todny's Wholesale Prices. Butter—Fancy, tub, 47af0; prints, 65a57; store packed, 20a25. Eggs—Fancy selected, candled, 47a 48; average receipts, 44845, Poultry-—Alive, roosters, 16; Spring hickens, 28a30; fowls, 23; ducks, 15a keats, voung, 50a70 each; geese, 15a20. . Dressed—Fresh-killed Spring chickens, 32 roosters, ~ 30a32; fowls, 25; turkeys, 40a45; ducks, 25a 28; geese, 20a25; capons, 40ad5. Live stock—Calves; choice, medium, 10a11; thin, 6a7; Spring, 13; live hogs, 8a12. Meats—Beef, 12al8; veal, 12a20; lambs, 26a30; hogs, 14ai6; loins, 20a 22; hams, 20a22, and shoulders, 14als. Frult and Vegetable Review. Today's market report on fruits and vegetables (furnished by the Mar- ket News Service Bureau of Agricul- tural Economics) says: Apples — Supplies moderate; mand light, market steady; Maryland, Virginia and West ginias, A2% - inches up Stay 6.50a7.00; few, 7.50; Yorks, ; 2 inches up Winesaps, 4.00a4.25; New York, A2% inches Baldwins, fair col- or, 6.00; boxes, Northwestern, medium to large sizes extra fancy Winesaps, 2.75a4.00. Cabbage—S§upplies liberal: slow; old stock, market dull; New York, bulk, per ton, Danish type, mostly around 35.00; new stock, mar- ket slightly weaker: Florida, 1% bushel hampers, pointed type, best, 1.85a1.90; some ordinary quality, 1.50; Texas, bulk, per ton, flat type, best, 60.00865.00; some soft, 50.00. Celery—Supplies moderate; demand light, market slightly weaker: Flor- 10-inch crates, $-6 doz., 3.00a3. 1 sizes, 2.75. Lettuce—Supplies moderaté; demand moderate, market steady; California, Imperial Valley, crates, Iceberg type, 5-6 dozen, £.00a1.50! few, 5.00; 4 doz- en, 5.00a5.25; Florida, 1i-bushel hampers and 2 dozen crates, Big Bos- ton type, best. 2.00a3.26; mostly, 2.00; poorer, wide range in prices, 1.25a1.75. Onton Demand Light. Onions—Supplies moderate; demand light, market steady: New York and ©Ohio, 100-pound sacks, Yellows, U. S. No. 1, medium to large sizes, mostly around, 3.50. Potatoes—Supplies moderate; de- mand moderate, market steady; Michi- gan, 150-pound sacks, Russet Rurals, U. S. No. 1, 2.50a2.60 per sack; New York. 150-pound sacks, Round Whites, U. 8. No. 1, mostly, 2.50 per suck Maine, 150-pound sacks. Green Moun- tains, U. S. No. 1, 2.75a3.00 per sack. Tomatoes—Supplies very light; de- mand light, market firm; Florida, gixes, ripes and turning, wrapped fancy, count best, 6.5027.00: cholce count, 5 50: Gems, considerably 13a14; lambs, de- demand —Supplies moderate; demand light, market slightly weaker; Texas, bushel baskets, Savoy, 1.5081.75, most- Caulifiower Cheaper. Cauliflower—Supplies liberal: de- mand 1ight, market slightly weaker; fll(!ornm crates, 2.50a2.75, mostly String beans — Supplies mand good for good stock, market steady; Florida, 7-bushel hampers, green, 4.0025.00: poorer, 2.0023.50; wax, fair quality, mostly 2.50 Peas, cucumbers. eggplant, peppers— Practically no supplies on market; no sales reported. Strawberries — Supplies light; de- mand and market steady for good stock; demand slow and market dull for peor stock; Florida, pony refriger- ators, best, 50a55 per quart; 30 per pint; fair quality, 35a40 per quart; 3 quart crates, mostly “poor condition, 1214a35 per quart. Carrots — Supplies moderate; de- mand moderate, market steady; Texas; bushel baskets, 1.75a2.00, few higher. Beets—Supplies moderate; ‘demand moderate, market fairly steady: Texas, bushel baskéts, 2.75a3.00. light:de- APPROVAL WITHHELD OF DAM PROJECT Maryland - Commission Wants | 4 More Protective Clauses in Petition. frrow. Bpecial Dispateh to The Star. BALTIMORE, February 11.—The State of Maryland will refuse to ap- prove the petition of the Susquehan- na Power Company for permission to construct” the Conowingo dam- on the Susquehanna River until the following things have been done: Reservation made in the company’s met-up that power generated at the dam, up to the maximum of its ca- pacity, shall be sold to Maryland con- sumers, if and when it is demanded. Provision made for reimbursement of the State for the total cost of roads, bridges and. approaches de- stroyed or injured by construction of the dam 2 Provision made for the protection of fish in the Susquehanna River. Provision made for the protection of the rights of Baltimore City for the future use of water of the Susque- hanna River in the city’s water supply system. Provision made for the adequate regulation of the project in the future. This announcement was made at the conclusion of a conference yester- day. MARKED GAINS MADE IN FREIGHT TRAFFIC D. & O, Seaboard and Western Maryland Handle Many More Cars. Bpecial Dispatch to The Star, BALTIMORE, February 11-—That the traffic movement of railroads with operating headquarters in Bal- timore is making a good start in 1925 1s indicated from latest car- loading reports. Total loadings re- corded by the Baltimore and Ohlo for the three weeks ended January 17 showed an increase of 2,240 cars, or 1.3 per cent, over the corresponding period a year ago. The Western Maryland reported an increase of 6,539 cars during the same period. This represents & gain over the same perfod last year -of 10.5 per cent. Revenue from coal and coke freight reported by the Western Maryland for January totaled $815,- 565, compared with $798,283, an In- crease of 2 per cent. - While the Seaboard Air Line has not issued its statement, it is known that this road also will show a sub- staatial increase, BY WILLIAM F. HEFFERNAN, NEW YORK, February 11.—Stocks on the curb exchange became fn- creasingly strong as the session pro- gressed today, although at the out- set the general movement was de- cldedly uncertain. The sharp run- np in Durant Motors appeared to be in sympathy with strength of stocks in which the head of that company is reputed to have large holdings. Radio stocks came in for more at- tention, but while a few stood out strongly on the side of advance, others were almost equally weak. The demand for Charles Freshman, which carried the price up more than 2 Doints, was in response to the sucgess accorded the marketing of the new ‘Freshman _kit” brought out two weeks ago. Persistent rumors that Rova Radlo is to form the nucleus of a merger of several radio concerns were THE EVENING STAR, WASHINGTON, D. O, WEDNESDAY, FEBRUARY 1, NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office reflected in an advance of more than a point in the stock when it went through 13 again. Music Master was offered down almost 2 points, De For- est ‘came off fractionally, while others moved uncertainly. Steadily decreasing output of do- mestic crude ofl, as disclosed in the mid-week figures, was an added in- centive for operations for the rise in the oils. Vscuum gained almost 2 points, Standard of Indiana crossed 68 again and Southern Pipe Line re- traced the $1 dividend which came off the prige today./ International Pe- troleum had to absorb heavy selling around 28, which tended to check the advance. Declaration of only the regular quarterly dividend of 25 cents on American Power and Light brought out offerings. Electric bonds and shares after early strength lost the gain NEW YORK, February 11 ing is an official list of bonds and stocks traded in on the New Yorl: Curb Market toda; Folow- Sales in thousands. 9 Allied ) BONDS, High. Beet Sug 6 w} Bollings Mills 6s Sumat Tob Tlgs “Thread Co 6x. Anaconds fin Anglo Am 01 AUG & W1 tan Frait s heaverboard Ne Steel Ta '33. Leather ervice Ts C. Cities Service Ts D Cities Serv P & L 6% Cous Gux Balt 65" A Cons. Gas Bal 6i4s D Conx Textilem. Cuban’ ¢ Cudahy { PR BORA 1o P ——u—»—u—fimzuu-_k 102% > 14 Federal sugar on Galr, Robe Grant Tronk Gulf 0il o 98 10135 1075 Mol & L7 in, Lig re T8 nitoba’ Power Ta.. 1a Cont Blas wi 9 Morris & Co Tigs 8 Nat Leatier 8s. .. ew Orl I Ser Northern 8ta Po 6igs Sta P M 8k C 7 Penn Pow & Lt 5s.. 13 Pennock Ofl Cor 6s.. 86 Stand Gag r NOY ey & Co b8, uum Ol 78 Blae wi. 3G French National King Netherl 68 2 Rep of Pern R 12 Rus Gov Ales Na 4 Soly & Co b 3 Swiss Govt SFANDARD OIL 1 Cu 35S § F 8 Sales in units. 1100 Anglo Am 0l 06 ¢ 51 Canad o wi Pet (o Ltd.. 90 Magnolia Tet 100 Nut Troosit . 30 Northern P 1. 1000 Ohio Oi . 0 Pralrie 0 & Gas Prairie 0 10000 8 0 1Ind 900 8 0 Kaueas 200 8 0 Kent 0 & O Neb 2 2600 & O New York .l 1900 Vacuum ¢ 5 Sales in INDE hundreds Potomac_Electric cons. bs-—$1,000 at 9915, 1,000 at 90%. B nehington Rws. & Blec. pfd.—10 at 8134, 10 at 81%. 10 at 811 Lauston Monotspe Mergenthaler Linotrpe—10 National Mtge. & fov. pfd AFTER CALL. Washington Rws. & . ptd. at 1%, 5 t 783 PlA.—30 at 9%, 50 2 at 813 bt *'Washington Rwy. & Blec. 15—51.000 at 000 at 7o A etomac Electric cons, 55—$1.000 at 997 $100 1,000 at 997%. e blngton Gas 65 '83—$400 at 102, at_1602 Riggs Realty long 58—$200 at 7. Columbia Title Ins,—100 at 8 UNLISTED DEPARTMENT. Savings Bank—100 at 13, Notice—This exchaage will be ciosed tomor. Lincoln's birthday. Money—Call loans. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Citizens’ ana 6 per cerx. American Tel. & Telga. ds. American Tel. & Telga. 4% Am. Tel. & Tel. ctl. r. 5s. Am’ Tel. & Tel. conv. 6s. Anacostia & Potomac Anacostia_& Potomac guar. 53 C'& . Telephone s, C. & P. Telephone of Va. ba. Capital Traction R. R. 58 G & Suburims rgeto s 1 o Potomee Elec. Pot. Blec. Posy. Alex.. & Mt. Ver, “Alex. & Mt. Ver. Ralt. & Annap. bington . Toen Rwr: D. C. Paper Pot. Joint Stk Riggs Realty 58 (long) Rigzs Re (hort) Sonthers Bidz. 6. b, Market Cold Storage 3 Warlman Park Hotel 05, STOCKS. PUBLIC UTILITY. American_Tel. & Telga... Capital Traction i Wa T tinal et cou. NATIONAL BANK. National Capital Columb Commercia District Varmers FiiemarAmerican Libfl':y . = o Kationat Meirupéilivn Riexs, o Senal Ban Ameriean Security & Trust. Continental . han | Vet Saving & Trusi. s ““I‘l; Loan & Trllll SAVINGS BANKS, Commerce & Savinge o aehing sty Savings & Co Seventh Street . United States - Washington Met! FIRE INSURANCE. American T Coremen: \I'llflnll Unlon.. TITLE INSURANCE, lumbis S Eatate T [y Lanston Monotype . Becurity Storage. ‘Washington Mark: Yellow Cab... Big Indian OU..... 02 1 Brit-Cou 0l Fids.. 4% 0 Citles Berv new wi. 427y Sery 21 Bervice pm : Sery pfd B. Sere B ofs Service acrip olumbian Synd Continental Oll Creole Syndieate... Derby 0 & R Bugineers' Pet Gibson 041 (¢ Gulf Ol of Kirby Det Lago Pet.’. uce Creek . Livingstone e 2 Nount Prod. onnt_Gulf New Mex Noble 0ll & Ohio Fuel Peer Ol Corp. Tennok Oil Corp. Red Bank Ol Roral Can 0 & R’ nited Central Oil Yenezuelan Pet Wilcox Vil & @ NDUSTRIALS, Gas & El o e Pow & Lt new Pow & L pfd.. Superpower A.. Supeipower B.. M Armour & v’ pta 4Armour Leather pid Atlangie Hoiden Co Borden Co ptd Botany Con Mills A Hoissonault sty R Mel bt 1 M3 Gr Lign{ [ Centr.t Pipe Cpn.. Chatterton & Son. Commonwith Pw { Cowmwith P C ptd Comm Pw Cor wts. Consol Gas Balt nw ) Contl Bak A ) Contl Bak B 4 contl Bak pfd.. 1 Cuba ¢ % 2 Cudahy 2o 41 DeForest R € itc 2 Doebler Die Cast 8 Dub C & R new 3% Durant Mot & 4 Du Pont Motors . 3 El BA & Sh ptd & Elb & 8o Peorp Investors Inc § Finm Inspect M: 4 Ford Motor Co Can i3 Foundation Co pfd 2 Freed-k s= Ra Corp 28 Freshman ¢ 0 Gilette 8 R 33 Goodyear Tiy 3 Gren' Bakeries rimes Kadio C R 8 Hazeltine Corp ... Heyden Chiem 18 Intl Mateh Cor ptd 2 Inter-Ucean Ra Cor 2 Jonex Radio 19 Kelvenator 1 Kiener W 11 Lehigh 1% Lehigh Val Coa ickel Pl nw pt di or Bts Pw Cor pf 1 Oppeal Pa ge Motor E 1 Power Corp N ¥.. } Bratc Lambert Wi, Reid 1°C. Reo Mot '[17 Rova Ra Cor tv ofs = o2 Slewper =" & 1 new 5 Bwitt Intl ... 11 Tenn Elec Power. iy Tenn Elec Pow 2 pt Therniodyne K 'O hompson IC vte abac Prod Exports 2 nited” Pft Shar . “tilities P & L C S Lt & 'F Ware Radio Corp.. aWrzen Bros 1 Westeru Power 5 Western Pow pfd Wh Rk M Spr new 82 Wick 8p 8t Co wi. MININ 70 Arizons. Globe Cop 80 Butte & Western_. | 10 Caledonta Min. 13 Canario Copper. .. 2 Chino Ext Alinex. .. . 4 Cona’ Copper Siincs 10 Cortes 8 4 Creason Gota " 50 Dismonafeld B 5. 1 Dolorex Espel ‘ 8 Bng Gola A 1 ‘ind 110 Edrekn Croesis 80 Flor - Goldfieid” M... ® Goldseld Dev .. 80 Go'dield Deep .. 10 Gold State 50 Harmill' Dis . 10 Hawthorne M 'Inc.. 3 Hollinger ... 7 Heela Mine 30 Howe Sound 20 Indep Lead i1 Jerome V' Del 480 116 Conn ... % Kay Cop Cor . New Jersey Zinc. |6 Lone Star ... te d 124 Plym Lead Mines 440 San Toy 3 10 Silv King 10 Standard. v Lead 80 Succoss Mines . 5 Teok Hughes 2 United 10 U8 Continental 1o Giax Apex 2 Wenden Co 36 West Dtanroe STEEL PLANTS BUSIER. NEW YORK, February 11.—Oper- ations of subsidiaries of the United States Steel Corporation have in- creased to 95 per cenf of capacity. compared with 94 per cent, in the last two weeks. Increased buying is re- ported since the first of the month with indications of favorable Spring business. 1 o MIIJEON CATTLE 0. K.'D. A ‘summary of tuberculosls eradica- tion work among livestock just issued by the United States Department of Agriculfure “ shows noteworthy prog- ress during December, 1924. The number of herds of cattle officially accredited as®free from tuberculosis passed the 60,000 mark during De- cember, reaching the total of 60,639, conthining well over a million head of cattle, [FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F St. JOHN POOLE, Prusident FIRST OIL OUTPUT DROP IN 18 YEARS|.. Petroleum Production Slump- ed 2 Per Cent in 1924 Over Previous Year. For the first time In 18 years petro- leum production In 1924 showed a de- crease over the previous year. Final figures on*the petroleum out- put for 1924, estimated to be approxi- mately 714,000,000 barrels, will show an output 2 per cent less tham in 1923, marking the first annual de- crease in production since 1906, the Geological Survey of the Interior De- partment announced today. - The drop in United States petroleum production was likewise paralleled by a drop in world production, preliminary esti- mates for 1924 showing production to be somewhat less than 1,019,000,000 barrels, the 1923 productien. Decrease Partly Offset. Available figures Indicate that the decreases in the United States and ‘| Mexico will not be entirely offset by gains in Russia, Persia, Rumanla, Venezuela and in other countries. The daily average new supply (pro- duction plus imports), amounting to 2,024,452 barrels for Januaty, 1924, was 83,290 barrels less than the de- mand, but from February to Septem- ber the new supply was considerably in excess of demand. During the last three months of the year these con- ditlons were reversed, and in Decem- ber the daily average indicated de- mand, the survey said, amounting to the high record of 2,232,903 barrels. was 218,129 barrels in excess of the Record Low Production. January production was at the low- est daily average rate for the year— 1,821,129 barrels. By April it had in- creased 160,000 barrels a day, and re- mained close to 1,980,000 barrels a day until Septcmber, the peak for the year occurring In August, when 1,- 990,450 barrels was the daily average production that was transported from producing properties, A decline be- gan in September and continued throughout the rest of the year. In December the daily average output was 1.826,356 barrels. WANTED—PARTNER Motion Picture Producing Studio just out of the Distriet of Columbi been In opera- tion five years doing only com- meretal work; but will now be- & production on large weale if partner will help finance and take active part. ave full equipment. Address Box 182.V Star Office MONEY TO LOAN Iy, oo 2 hm\equPlfl] LE. anreumnger&m oS BONDS GERMAN 2232 Bought—Sold—Quoted Full New York and Berlin Market Received Daily Send for Special Market Letter Peter Whitney 203 lnvestment Bldg. Teiephone Franklin 3978 S ‘EsTABLISHID 7882 @ 1038 W.8 A 0n, Ine. FINANCING Apartment '/2 % Bulue- Houses Unlimited Funds Avatlable FRED T. NESBIT Investment Bullding First Mortgage Loan “Applications Wanted Interest Rate 6% and 6%:% Apply Losa Dept., 10D L, omas. D, o saczn i, Yo e 140E Be W, Departmental Employees “Your Bank” Will loan you One Hundred Dollars to start a Four Per Cent Savings Account Write or call for further information THE DEPARTMENTAL BANK 1714 Pennsylvania Avenue Under United States Government Supervision Money to Secured by first deed of trust on real estate 3 Prevailing {nterest and commiss.on oseph Wash, l w Ridg.. th & F First Trust Notes Real Estate Mortgage & Gudr- anty Corporation 26 Jackson Pl. N.W. Guarantees its first trust notes as to payment of intérest when due and prin- cipal at maturity of note. Denominations $100 $500 $1,000 [Resources Over $2,000,060 INGER, Pres. I‘.’Uflifi!fifl ) A comparison of lllinois Power and Light Corpora- tion gross earnings for 1924 with gross earnings of con- stituent companies for 1904 indicates progress worthy of the investor's considera- tion. 1904 1924 .. $980.857 309,770 For over twenty years the principal ¢ o0 mpanies composing this system have paid dividends on their pre- ferred stocks without in- terruption. Data describing securities of this Corporation sent wpon request for circular A-526. E. H. Rollins & Sons Founded 1876 416 Woodward Bldg., Washingten Boston, Chicago, New York. Philadelphia, Denver, San Franclsco BOOKLET 352 G- ¥ INVESTMENT BONDS WASHINGTON, D. C: Telephone Main- §847 L. & Trust FROM $50 TO $100 Gan Be Obtained by Using Our Certificate of Inventory, Appralsal and Title. CHATTEL TITLE COMPANY 805 Fifth 8t. N.W. Safety Is Paramount To safeguard every dollar invested with us is the supreme aim of our house. We are siire we can convince any investor of this policy. If you want 100% insurance against loss invest y our money in Firs t Mortgages through the firm where SAFETY IS PARAMOUNT. Wirite or telephone our Mortgage Invest- ment Department to send literature. No charge and no obligation. SHANNON & LUCH 713 and 715 14th Street Smith Bonds ] are Safe Bonds FIFTY-TWO years of proven safety--of prompt payment of principal and interest--are be- hind the first mortgage invest- ments sold by The F. H. Smith Company. Every bond we offer is protected by the system of safeguards re- sponsible for this 52 year record. Every bond is secured by an ab- solute first mortgageonimproved, income-producing city property. SMITH BONDS are 77 soldin $1,000,8500 and 0 $100 denominations, outright or uader our Invest- mentSavingsPlan. Every partial payment earns the full rate of bond interest. No Loss to Any Imvestor 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, Washington, D. C. Please send me information about Smith Bonds paying 7%. “Liquid at Maturity” ONE of the most important features of an investment is that it be liquid at maturity—that it be paid in cash, in full, on the day due, without delay. This is a virtue comparatively rare among mortgages, more common among bonds. It is a virtue of every Straus Bond—the type of investment which combines the good points of both mortgages-and bonds. ; Under the STRAUS PLAN, we lend only on such properties as will earn enough to meet the interest coupons and amortize or pay down the principal every year. . These earnings are automatically applied, every month, to supply a fund to meet the interest every six months, and pay ofilpmoftheprincip-l,whmdue,myw In this way, funds are available which make Straus Bonds “liquid at maturity”. This is why you are certain that your Stnua Bonds will be paid in cash when due, principal as well as mmen, Straus Bonds are not only safe and sure of prompt payment, but they yield a good income and have a free outside market which is steadily broadening. They should have a place in every investor’s list of holdings. We will gladly send you offerings of sound first mortgage serial bondsin a wide range of maturities, yielding, on the average, about 6%. Call at our office and discuss your investment problem with one of our oficetl, or, if you wish, write fm' S WSTRAUS & CO NATIONAL METROPOLITAN BANK BUILDING 43 YEARS WITHOUT LOSS TO ANY INVESTOR FINANCIAL. Large Loans Available %% Interest lnsurunce Company Loans Long Term Financing Building Loans Refinancing Weaver Bros., Realtors Main 1821. Eqmtable Co-operatlve Building Ass n JOHN JOY EDSON, President Organized 1879 Assets ... . $4,942,132.65 FRANK P. REESIDE, Secy. 435th YEAR COMPLETED Surpl $1,317,011.44 Subscriptions for the 88th Issue of Stock Being Received Have a Little—Spend a Little—Let a Little Be Live up to that if you can—put a part of your earnings into the Equitable—and this systematic saving of a set sum each month will go a long way toward keeping you free from worry. Lower Rates —that now prevail make it advisable to refinance your large apartment or business property NOW! BOSS avs PHELPS LOAN DEPARTMENT W. L. KING, MANAGER 1417 K Street NW Main 9300 APPLICATIONS INVITED for LOANS on MPROVED PROPERTY Located in the District of Columbia and adjacent Suburbs in Montgomery County, Md. 53 % INTEREST ;A pply vo H. L. RUST COMPANY LOAN CORRESPONDENT ®he PRUDENTIAL INSURANCE COMPANY of AMERICA 912 15th Street N. W, Main 6888 CONSERVATIVE INVESTORS —are interested in interest re- turn, but they-always look first at the security behind the loan. So does this company. The Over a Snarter FIRST MORTGAGES of a —we offer are based on improved and income-producing real estate shown- by conservative ‘appraisal to be Wworth about twice the amotnt of the loan. Century ~ Without o Loss. Let us tell you about them. B. F. SAUL CO. “Main 2100 925 15th St. N.W.