Evening Star Newspaper, April 29, 1925, Page 25

FINANCIAL. FINANCIAL. PORK IS CHEAPER, THE EVENING STAR, WASHINGTON, D. C., WEDNESDAY, APRIL 29, NEW YORK CURB MARKET || Money to Loan FEDERALAMERICAN Received by Private Wire Direct to The Star Office Baciaedny {{L el of e on I aNNke N ATION AL B ANK 1925. Unqallf' ed Guarante-— Prevalling interest and commission Equitable Co-operative Building Ass’n HAMS ALSO DROP Hot Weather Likely to Bring Still Lower Prices—Vege- table Review. A general weakening of the pork market and slightly decreased prices were reported by local dealers this morning. The market is lifeless, dealers stated, t hand being so slow that western packers are doing very little killing. It is generally expected that mands for smoked meat when the weather gets an iner e was not shown las however, nd ers think th duration of the hot spell was the rea- son Hams were quoted at 26 cents, while loins brought 31 Shoulders were 18 and 19 and lard 1 Today's Wholesale Prices. Butter—Fanc 2a54; prints, de- d lected, candled, 30; r 9. Poult Winter .m.\ 8a9; lambs, 18: lambs, 2; hams, Fruit and Vegetable Review. Today port on fruits Asparagus—supplies light; oderate, market st 3 1 . dozen-bunch o 3.50a4.00; mediun a3.00; small size, hore very demand h Caro large | trading Maryland. large size, | . 4.00; 00 per dozen. | moderate; de- steady: South | pointed type.| Supplies market rel crates, Cabbage mand limited. pplies moderate; dem ket steady: California, strict, crates, Iceberg type, | 4.2584.50; most 4.50. ,\I"..‘ crates, Iceberg (\pr' 5 dozen, | v 4.50; some slimy, 4.00; Tmperial y, crates, Iceberg range qual ity and th_ Carolina, (‘F)l‘ ~\a dozen, 4 « '\rmlnn 5-peck hampers, type, 1.00a1.50; few Strawberry Supplies Liberal. upplies mod- | derate. market d crates, Yellow mixed zona Bxg "Boston | steady: Bermudas, No. 1 and 2 No sales reported. Potatoes, old stock—Supplies mod- erate; demand light, market steady; x New York, 150-1b. ks, Round | Whites U . 1.7582.00. New | stock—Supplies liberal; demand mod- | erate, market fairly steady: Florida, | doublehead barrels, Spaulding Rose| 3. S, No. 1, b few slightly de- | ved, low as rawberrie moderate, arriving ordinary North ( xru'l'\n pplies liberal; market stead to fa ordinary ind condition, a4.00. Tomatoes—Supplies liberal: moderate, market fairly Tlorida, si ped origin 4.50; cboit demand | steady 4.00 best fancy count, i 4.00. | count, 3.00a3.50; few, Sales Rather Slow. Caulifiower—Supplies light: demand moderate, market steady; California, crates, best, mostly 3.50. String beans—Supplies liberal: de- mand moderate, market dull a-bu. hampers green, best mostly fair condition, 1.50 . low as 1.00. Cucumbers—Supplies liberal: de- mand limited, market about steady Ylorida, 74-bu. hampers and sq rates, No. 1, 4.00a4.50; No. 2 2,59, Peas— iberal: demand light arket North Carolina. 5-peck l ampers, large-pod varieties, 1.50a. small-nod varieties, some poor cond: ‘tion, 50a1.25. Eggplant—Supplies mand light, market about steady; Florida. pepper crates, 3.50a4.00. Peppers—Supplies light; demand moderate, market steady; Florida, crates, No. 1, 5.00a5.50: few best high | as 6.00; No. 2, 3.00a4.00. i Squash—Supplies moderate; demand light, market fairly steady; 1'lorida, pepper crates, white, mosily around 50. ipplies 1 moderate; de: 1 i | | FIRM BOOSTS EARNINGS. NEW YORK. April tional Business Mach Interna- | earned $4.34 { vear. Net ear | 000 from $£576,0 | | | | REGULAR DIVIDEND. SAN FRANCISCO. April 20.—The| Standard Ofl C lifornia) has de- | clared the regular quarterly dividend | of 50 cents a share . GRAi‘I“I AND PROVISIONS. BALTIMORE, Md. 2 Potatoes, per 1 1.00 sweet potal rrel, 2.50a : new po- | sparagus beans, hamper, 1.00 5.00a8.00: cabbage, bushel, 30ad5: hamper. 50: onions, 100 3.003.50; onions. 100 ; celery 2.00; cu 3.00a4 ggplants. : lettuce. hamper. April (Spe 100, anges rate, Noon 1 red Winter, spot, no quotations: No. 2 red Wint . domestic. 1.78; No! Win rlicky. domestic, 1.78; No. 3 red no quotations None. Selling Prices at Wheat N \\an) Sales Corn—"ob, 6.75 per bushel; 1.25 asked Sales—None. Oats—No. 2 asked. Rye—Nearby, spot, 1.12 Hay—Receipts, 52 tons. Generally speaking, the supply of hay on hand is ample for all trade wants, although there is no real pressure of the top srades of timothy and choice light clover mixed. Mixed and low grade new. yellow. spot track yellow, 1 5313 asked: No. 3, 51% 1.00a1.10; No. 2 rye, “Quotations today—No. 15.00a18.50; No. 3 timothy, 1 ll;:hl clover, mix 0. 1 clover, mixed, 1 ¢iover, mixed, 15.00a16.0 traw—No. 1 wheat, ton; No. 1 siralght 1y 0a15.50 per 16.50; No. 1 Sales BY WILLIAM F. HEFFERNAN. NEW YORK, April 2 -~Buying on the curb exchange today was con- fined to speclal {ssues which were re- sponding to developments within the | companies themselves. Kelvinator Corporation was bid up to 26 on an- nouncement that a dividend of 37% cents a share had been declared. Duz Company rose 2 points follow- ing publication of the first quarter figures showing gross sales of $523.- 548 against $156,920 in the same perfod last year. restone Company’s advance of tire prices 5 to 15 per cent, which was followed by other tire companies, NEW YORK, April 29.—Following is an official list of bonds and stocks traded in on the New York Curb Market today: Sates in ¢ thousands. Sl Z1Allled Pack . Athed PACKER & B 1 Al B 5C5 05 iatooatns a0 Sont SIEBLRISRZERE T EE F & P rand Trunk 6% i u” il Corp 8 Fult Oil Cp B, 7 loul Papor G o ns Cit Tm 5 Lohign Power 6s Lib MeN & L, . R SR £ FE FF ¥ VL F 390 \;n l:. l;; 08 E wi Morris Co Ty4s F % S 555505550 52550005 500 (3 £ e 5550 =00 S ESR238355R3282R3RS2223 2822282 2 RREE i & 15un Ou bies 28 3wl &7 o0 SRR R SR PSR R - M 3802228858 = iy az 2 36 e esti 03 1013 100 1004 et STANDARD OIL ISSUES. 3800 Anglo Am Oil. . Swiss Govt bs . ebrough Mg 8100 Humble O & 400 Imp Oil of Can'n 790 Iotl Pet Co Lta rthern 600 Prairio O & G nw 240 Prairie P L. Livingston Pet.. " 9 Marlana : 8 Wv\\\ml Prod. wiom 13 o 1 S8 S 48 Wilcox Ol & Gas 3 Woodley Pet 1 Articom Co pf wi 1 Atlantic Fruit 1 Borden Co 148 1 Borden Co new 11 Borden Co rte . 1 Botany Con Mil A ll(vvdrumq M v Conti Bak Conti Bak B .. onti Bak pfd. . 1 Conti Tob Inc. 1 Cuba Co 2 Cuban To Co FEE 4 Gen Outd Ad vie Gillotta 8 § Glen Alden Coal 13 23 Goodyear Tire an susiionae & ] Hom Hard. o0 ter Cont Ru 2 Thier- Rad - PO IRt o 2 M. Mengel Box Mid Weat Util Mid West pfd Mid Ws Ut pr Mid Weat rts For caused buying of Goodyear common for a time around 81, but the demand subsequently went higher. The outstanding feature, however, was the unprecedented buying at new high prices in Engineers Gold. At 5434 it compared with the Tuesday fnal of 48 and the previous high of 52. 'The demand was attributed to buying by insiders, who are of the opinion that the stock is selling too low considering its Intrinsic value. Ol shares gave a good account of themselves despite the reported in- crease of 72,000 barrels daily in do- mestie production during the week ended April 25. 401 * Ed 7 Nizer A wi . L Toa ofa waw &S e 5 % Norun'Onto. ow mnibus Co A pt ‘orp Gret Sound o ratt & La G wi 1 Brophsiacite Br. 1 Pyrene Mf BSoE LI ons-I10950 FTEFE FIERTEE ~ P R T & s BB RbD e e A = L §.C 4 Shana Bus od'A Stuts Motor .. swift & Co Tenn Eieo Pow. VSTEE o- _wewson EEE PR et R b .4 o e S0 & & z e oooze ¥ si3timais NG R & iE 8 e Canario_Cop Chino Ext Mines Continental ~Mins Corter_Silver. .. 3 Creason Gold Eng G My Lt m Eureka _ Croe: Forty Nine Mins 70 Gold_ Zone .. FEEE SR RIS o P 0 Kay Coppar Corp "2 Lone Star ...... 3 @y mo> - 3 s R B BRI Oa DA DB D P D0 BB BB NI DA SBD S D NSD N S IBC At - mier Gold 80 Rochester Silver .0 3 Tonopah “!“xmn > BOSTON STOCK \l\“l\[‘.‘l" BOSTON, April 29. list of today’'s Kighest, closing prices for the most stocks dealt in here: t active Close. Arizona Com ........ 10 Bingham .. Boston & Maine. Calu & Hecla. .. Conner J T...... Copper Range . Eaet Mass Eastern 8 § Edicon Elec Noww Cornetle.. Now England 7% © Pacific. Mills Swift & Co ited, Shos Mach el o MONEY RATES LOWER NEW YORK, April 20.—Call money | high, 3% low, 3%; ruling rate 334; closing bid, 3%; offered at & last loan, 3%: call loans against a ceptances, 3; time loans easier; mixed | collateral, 60-80 days, 3%a3%;: 4-6 months, 4; prime commercial paper, 3%a TODAY’'S METAL MARKET. NEW YORK, April steady. Electrolyt Ti 29.—Copper d futures, Zine steady: Ei futures, 6.90a6.95. 11.60. NEW YORK EGG PRICES. NEW YORK, April 20—Eggs irregular; receipts, 39,330 cases. Fresh gathered firsts, 2815629 fresh gath- Louis. spot Antimony, American Telephone & Telegraph Co. Twenty-’ Y-r Sinking ¥und Five and One-Half ‘ent mture Bonds, flna November 1, 1943. Coupons trom _these, Bonds, tneiP torne onStay 1108 Atency of the Company in Hoston. Cwill ‘be pad in }hxlkrrn Trust Compan: any. in Boston at The Merchants' National Bank. H. BLATR-SMITH, FIRST MORTGAGES FOR SALE Denominations of $250, $500, $759, $1,000 and upwards 6Y2% All Loans Made on. Property Located in the District of Columbia JAMES F. SHEA How $20 a month invested for 10 years produces an income of $20 a month 'NVEST $20 a month in Smith Bonds paying 7%. Reinvest yourinterest at the samerate. In 10 years you will have $3,462.84. This sum, invested at 7%, will pay you an income of more than $20 a month. A larger monthly investment will produce proportionately greater results. Youreceivethe full rate of bond interest on every payment. Ask for our booklet today The F. H. Smith Co. Founded 1873' Ne Loss to Any Investor in 52 Years Smith Building, 815 Fifteenth St. THE F. H. SMITH COMPANY Smith Building, Washington, D. C. Please send me a copy _of your nes booklet "How to Build #n Tndependent Inceme."” Address .. gayah)r b | | WANTED Second Trust Notes This company has funds available for the purchase of all kinds of second trust notes, secured on real estate in or close, to D.C Prompt Service E1Washington Investment and Transactions Co. Inc. 713-15 14th St. N.W. Main 3662 D=—=n===0 ot Aite First Mortgage Loans Lowest Rates of Interest and Commisslon Thomas J. Fisher & Comp-ny. Inc. 788 15th Btreet | Jersey Cenh'a.l Power & Light Company First Mortgage and Refunding 5%% Gold Bonds Price 97'; and Interest Yielding Over 5.70% Gross earnings over $4,- 000,000. Net earnin more than 2.2 times in- terest requirements on total mortgage debt. Balance over 3.4 times nual dividend requirements on outstanding Cumulative Preferred Stock. Cumulative Preferred Stock 7% Series Price 97 and Dividend Yielding Over 7.20% Send for Descriptive Circular -550 E. H. Rollins & Sons Founded 1876 416 Woodward Bldg., Washington Boston, New York, Philadeiphia, Chicago, Denver, San Francisco @ Maryland 1st Mortgages LOANS We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of interest. Should you have Money to Invest ~—we can also take care of you. Our experience, ex- tending over a period of ‘Thirty-Five Years —insures your protection. Percy H. Russell Co. 926 15th St. NW. Investors Should Read This Annual Report A copy of the Fifteenth Annual Report (for 1924) of Cities Service Company, just issued, will be sent to investors upon request When you read it you will be impressed with the progress and stability of this large pub- lic service organization, which now has total assets of more than $5 . You will see clearly the substantial, steadily growing margin of safety which protects an investment in Cities Service Preferred Stock At its present price this sound security may be purchased yield a safe income of 71,%. request a :opy of this npwz will be mailed. Thomas W. Brahany and Company 803 Wilkins Building WE OWN ALL THE SECURITIES WHICH WE OFFER FOR SALE— DON'T SPEND —any Savings you may have available UNTIL you have investigated the FIRST MORTGAGE NOTES upon improved real estate in the city which we offer for in- vestment. Prudent men and women always invest a substantial proportion of their funds in such mortgages—because they are safe, do not depre- ciate and pay liberal returns. We look after all details without charge. NO LOSS TO ANY INVESTOR Write Our Mortgage Investment Department for Special Literature HANNOI We _offer yield Geol MEN hot vested 1o Mary NATION. INTEREST sue fivery" "ot G % SNVESTMENT, Not s participht: ing ‘trust Mortgage Direct to Investor @ § MARYLAND REAL§ ESTQTE TITLE CO. on e8 Cousty te! RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President FIRST MORTGAGES to iz, desominations of y and Prince APPRAISE- Yluation Committee of g AL PA’ B First Trust o 3 (3) Y % in ('nl\lrll location Northea ’IBOW 'l'h"a (3) )OIT C%i lh"ri:'h'xl near ‘hlh ‘ru- New York Av.- nue Northwest JOHN H. WRIGHT 1116 Vermont Avenue N.W. ‘Washington, D. C. certifl M, WELLS, uw’u“am.no The Prudence Company, Inc. of New York Invites Applications for Construction Loans Long-Term Refinancing Amounts of $50,000 and over FRED T. NESBIT Loan Correspondent Investment Bldg. Main 9392 Metropolitan Housing Loans (Metropolitan Life Insurance Company) On homes in the District of Columbia and suburbs in Mar- land and Virginia. These loans may be made for 15 years and are very ad- vantageous to the borrower for the reason thot they elimi- nate eztensions, or new loans at the end of short periods. No life insurance requirement. Write for booklet. Unlimited funds for loans in the District of Columbia on BUSINESS PROPERTIES APARTMENT HOUSES OFFICE BUILDINGS AND HOTELS Lowest Interest Rates—Brokers’ Applications Invited WEAVER BROS., REALTORS 735 15th St. N.W. Phone Main 1821 JOHN JOY EDSON, President Organized 1879 $4,942,132.68 FRANK P. REESIDE, Secy. 45th YEAR COMPLETED Surplus $1,317,011.44 Subscriptions for the 88th Issue of Stock Being Received Watch It Grow! START a subscription here—make small deposits regularly, and watch how quickly your money ac- cumulates. Our systematic saving plan is the best way to save, 915 F Street N.W. Quarter X Main 2100 CONTENTMENT IN LIFE— is reached when you have set aside a comfortable sum of money in securities that will not shrink in value—which will work for you now and con- tinue to bring in a good and certain income in your later years. Many inducements are offered, many “opportunities” presented which are apparent- 1y short cuts to the goal. Do not be overinfluenced. Investigate every investment vou make or every company you plan to do business with. OUR SAFE FIRST MORTGAGES have a proven record of safety. B. F. SAUL CO. ‘925 St. of a sthout a 15th N:W. How Can You Know Good Investments? Easily! Study the strength of the security and the actual records of the management who will care for your interests. When you have done this, you will invariably choose Wardman First Mortgage Notes Bearing 6%9% Interest Denominations Range from $100 to §100,000 WARDMAN Constructio mpany 1430 Kstreee 'NS Mein 35350 “We House One-TentA 3¢ Washington's Population APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent Subwrbe in Montgomery County, Md 5% INTEREST ’_fl pply so H. L. RUST COMPANY LOAN CORRESPONDENT ®he PRUDENTIAL INSURANCE COMPANY o AMERICA 912 15th Street N. W. Capital and Surplus, $2.000,000.00 The Protectlon of a Big Bank {Because you can lay but little aside is no William D. Hoover. Pmla»m Woodbury Blair, Frank Frank as. C, Lamborn. Treasurer . Percival Wilson, & W. Hiles Pardoe.’ Ass Herbert H. Smith, reason why your sav- ings need lack the high degree of protection _that only a big bank can 5 invite deposits in dflany amount— Pay the Same Rate of Interest on small and large accounts— i} afford service and security g that have stood the test of over half a century. ] 27 Your PAY DAY account is welcome. Over 45,000 Depositors Open Until 5:30 P.M. Tomorrow and Friday DIRECTORS: William D. Hoover Reginald S. Huidekoper Victor Kauffmann Charles Minshall Edmund D. Rheem Frank Stetson Frank W. Stone William H. Walker Henry K. Willard Woodbury Blair James A. Buchanan Wm. A. H. Church Walter C. Clephane H. Rozier Dulany, jr. Wm. E. Edmonston Franklin H. Ellis Frederick A. Fenning H. Prescott Gatley 1 U Biome, 4 V. Pre Stetson, Trust Officer Borni ket Amt, Ireas. Kot Seer Lo Natlonal Savings & Trust Co. 58th Year Oldest Savings Depository in Washington Cor 15th and g{cw Yyork Ave. PAID ON SAVINGS ACCOUNTS @ Ol DE Dollars are Dependable 1 Friends may fail you in time of need. even vour own flesh and blood may desert you; but not the dollars you've “salted away” in a savings account. They're always available, and constantly multiplying through the help of compound interest. ST \nuumal Bank in the City {Start a savings account This Pay Day so you'll have some- thing on which to depend in time of stress—there's a passbook ready for \OL ...Trust Officer R. P. HOLLINGSWORTH Asst. Trust Officer C. F. JACOBSEN. CHAS. E. BRIGHT. ALBERT H. BEDFO C. LOUIS ECKLOFF J. GALES MOORE.. ARTHUR T. BRICE WALTER BROWNLEY FRANK P. REESIDE FREDERICK DeC. FAUST HUGH REILLY WM. F. GUDE E. FRANCIS RIGGS CHARLES JACOBSEN WM. H. SAUNDERS 0. H. P. JOHNSON HERBERT T. SHANNO! RUDOLPH KAUFFMANN H. C. SHERIDAN Dr. J. THOS, KELLY, Jr. THOS. SOMERVILLE MAJ. HENRY LEONARD WALTER R TUCKERMAN A. LISNER EEDO TOWNLEY A. McKEE RV A< WILLARD 2nd COL. ARTHUR A. O'BRIEN WIMSA GEORGE W. WHITE National etropolitan Bank C. F. R. OGILBY m Years Old Organized in 1814 Capital, Surplus & Undivided Profits Over $1,800,000.00 15th St., Opposite U. S. Treasury