Evening Star Newspaper, June 19, 1925, Page 29

LANB 1S HIGHER AND VEAL LOWER: Vegetable Receipts in Local Market Lighter Today. Beef Prices Firm. Inactivity characterized the local meat market this morning, sales of fresh meats usually being slow during heated periods. mand in hot 30, and 32 Spring lamb, in_de- weather, was quoted at cents this morning, a de- cided increase over last week’s prices. | Receipts of lambs last week were large enough to glut the market and dealers had to reduce prices to un- load. The market reacted this week, however, and was reported this morn: as being strong at prevailing ces Veal prices have declined the past few days, a drop of 2 cents being re ported Beef prices have undergone very little change the past month. The butter and egg market remains firm. There is & plentiful supply of watermelons and cantaloupes, but vegetables are not so plentiful. Today's Wholesale Prices. Butter—Fancy, tub, 51; prints, &tore packed, 28a30. Lgas 1y, selectes average receipts, 31 Foultr Allve — Sprinz chickens . 45a30; medium, 45a48; small, Leghorns, 35; heav 15 keats, 40 to 3 12a15. Dressed—Spring chick- large. 35: medium, 48a50: small, turkeys, 30: ducks, 20: geese. 15 ck—Calves, S1z; lambs, .ald: hogs, 12 —Beef, : veal, i, candied, 33 duck geese, ens, 45; : Spring : loina, 31a . 18a20. s, 3 : hams, 27a29: shoulder and Vegetable Review. market report on fruits and vegetables (compiled by the Market News Service Bureau of Agricultural Econoniics) says “antaloupes Fru Today upplies moderate: de- nd good. market slightly stronger: | alifornia. Imperia Valley Salmon Tints, jumbos 4.75, few 5.00; standards, 438, 4.2584.50, few 4.75, few low as 4.00 4.00a4 ponys, 54s, standard flats, 12s and 13s, Cucumbers—Supplies moderate: de- mand Virginia, bushel uth 008 limited, market firm; Ik section, hotbed stock, 3.00; North and § ttuce—Supplies moderate; _ de- mand moderate, market steady; New York, 2-dozen crates, Big Boston type mostly 2.00; California, Iceberg tvpe. 4-5 dozen, 4.00a poorer, slimy, 1.00a3.00. | hes—Supplies moderate: de. mand moderate, market steady: North Carolina, 6 and bushel baskets Red Birds, fair condition, 4.00a4.50; Arps. 3.0044.00, mostly around 3.50; Early Rose, fair quality, 4.00. Potatoes Sell Lower. Potatoes—Supplies moderate; _de- mand moderate, market _slightly weaker; North Carolina and Virginia, ection, cloth-top stave bar- cobblers, U. 0. 1, 4.25a 5: ly 4.50; some ordinary con dition, 3.75a4 Tomatoes—Supplies mand moderate, market stronger; Miseissippi, fours, ripes moderate; de- slightly nd turning, wrapped, No. 1, best, 1 00; No. 2, 1.40a1.50. Watermelons ipplies libe de- mand moderate, market steady: sales direct to retailers; Florida, Tom Wat- sons, 30-1b. average, mostly 1.00; 2 241b. average, 60; Irish Grays, 28-lb. average, 85a90. Green Corn Market Steady. String beans—Supplles moderate; demand moderate, market steady; | Sulesin INDEPENDENT OIL STOCKS North Carolina and Virginia, Norfolk | T A M AOAIS . . section eck hampers, green, best, 15 Am Sona on mostl a3.00: few higher; bushel i AU Gulf oil hamper reen, mostly 2.50. A A e Dewberries—sSupplies light: demand 1 Gltion Sorv B 'ofa good for good stock, market strong; 27 Columbtan Synd. North Carolina, 32-qt. crates, best, ST RS 00; poorer, wide range in prices, H - 2.505.00. a7 Green corn—Supplies liberal; de: 10 Glen Rock Oil mand moderate, market fafrly steady: Louisiana, bushel baskets, 2.26a2.75, North Carolina and Flor- . 2.0042.50; some ordinary 1.00a1 condition, COTTON QUOTATIONS HOLD VERY STEADY| | Drought Reports Check Early Sell- ing—Some Selling to Balance Accounts. By the Associated Press NEW YORK, June 19.—The cotton market_opened steady today at a de- cline of 8 points to an advance of 4 points. Near months were relatively easy under overnight selling orders, while later deliveries were influenced by relatively steady Liverpool cables. Prices firmed up after the call owing to failure of early weather re ports to indicate rain of any (-nnw.{ quence in the droughty sections of | house brokers were which advanced from | October sold up from | and spot 3 net advances of 7 to 10 points. but demand was not active and the ket sed off from the| best tow the end of the first hour | under week end realizing | w York cotton futures closed barely at net decline of =1 to 30 points, High 314 | | Jabuary March July futures closed steady 19 points. January March July Octobe Decomber Opening 23.19: July ber. 2808 hid 08 £y 10 October, March, Decem: NEW YORK METAL MARKET. NEW YORK, June 19 (#).—Copper electrolytic. spot and futures, Tin steady: spot. 56.12; future: Iron steady, unchanged. Lead spot, 8.20a8:30. Zinc easy: East St. Louis spot and future: An timony, spot. 16.50a1 TODAY'S MONEY RATES. NEW YORK. June 19.—Call money steady: hizh, 3% low, 3% ruling rate, 8% closing bid, 3%; offered at 4; last loan, 33 call loans against ac. ceptances, 314. Time loans stead: mixed collateral. 69 to 90 days, 3% 4 to 6 month clal paper, 3 3%a4; prime commer- G ad. ‘WOOL PRICES STRONG. BOSTON, June 19 (Special).—Raw wpol markets were strong and active today, with the principal price increase recorded in Ohio delaines. These were pushed up 2 cents to 55 cents in the grease as a result of high prices paid for ney clips in Ohio. One sale of a particularly desirable lot was, report- ed at 57 cents. -Pulled wools continue in good demand, FINANCIAL, Wash.. Alex. & MU Ver. ha. 16 . Alex. & Mt V. ctfs. . 14 Balt. & Annap. 5s. [ kton Gas 5s. 100 Eton Gas fi 1027, w Rwy. & Elec. s 0 Wash. Rwy. & Elec. gen. 6s.. 101% MISCELLANEOUS. | Pot. Joint Stock L'd Bk. 5s.. 1011y Received by Pri te Wire BY WILLIAM F. HEFFERNAN. 3W YORK, June 19.—Pools and Professional operators working for the rise in individual stocks had every- thing their own way in the curb mar- ket dealings today. New leaders were brought to the front and in a number of instances the advances were spec- tacular. r Rubber was heavily dealt in from the Thursday final of 3 before the demand subsided. Earnings last year were equal to share The persistent can Rayon prices cau financial being demand for Ameri- Products at new high d considerable comment in circl, More thought is taken the phenomenal NEW_ YORK. June 19.—Following is an official list of bonds and stocks traded in on the New York Curb Market today Am Pow' & Lt fis Am P & L s new 4 Anaconda n, 4 4 Andi t Cor fis 12115 : C 0x ww 100 & Fl G, 95% 0 As Sim Hard 6las 831 G & WSS B TAU F Rs Ine 5 Reaverhoard Rs 7 Bell T Ca 3 Beth st 8 Botany 6% LCit Serv 1AB 5Cit Serv Zs ¢ 16 D 8 Cit S & I Consrave M 0145 * 1Cons G B Siae E 1085 108 8Cons G Bal s A 1071 10 4 Cons Tex 51 RE 50 Cuba Co 03 2 Cidany TS 100 T Cudahy S4e an % Davies W' 85 10 s BDaere & Co 7igw 104 11 Detroit City G 8 108 1Detroit Ed fe 126 Detroit Ed_ 00 32 Dunlop T & 108 Fed S s as * 'ng = 101 101 1 102 10s 14 Kaufman D St 65, 00% 08k 001 Manitoba Pow 75,104 © 108 ° 104 Morrin & Co 7T3a 1021 1021, 1034 Nat Distl Pro 7a. 101 © 101 © 101 Orins P Ser fu. 04 94 04 Nor Siates P 6155 10315 1031 1031, NS PN 0%s €0 1101 11580 118 50KIa G & E'An. | 041 04 ' 041 Ten P&L 5e D 53 0R% 0RY OR% ila Rap Tr 6x. OKL, DAL, 081 re 01l Co 6136 10215 10214 10314 h RE 1s pos wi 100 ° 100 " 100 TS0 Cal Edidon Be 06% 007 $0% 1580nd G & E Ggn 1985 1981 1885 108 0 New ¥ 0%a. 107% 1078 1074 38un Ol 5l o8 0K} oR DSwite & Cotballl anu owi ny Fanwcont. Oi b bt o8 Thymen't @' <% 1043 14 AN 0 {n 0 of Cal oa: 96 HU'S Rub ion S8 101 15 10 8 Rub 6540 3010110 21 S Rub 013s 130 100 108 1S 2u 8 3T 8 ail ar s 7y iv ar 1T 108 (27 R City Graz Rs o8 08 08 84 : 84 8274 t Ta Fin 7 & X nd Mg B s 97 O Krupp Fried T, 7s o or Bk Den s o las Govt Biga i usa Go- cfe Bign Siem & Hal 7a ‘03 S 16 Swise Govt Aiqs.. 1018 1014 1014 24 Tono El Pow C 7s 00% 001 90% alesin STANDARD OIL I8 500 Anglo Am Oil 100 Atl . Lobos 50 Buckeye P L’ 100 Cheshrough Migx 45 30100 Contl Ol new.. 26 5100 Humble O & R 36 Imp O Can new 10 Ind P L 33 L u 00 Intl Pet’ Co 310 Magnolia Pet 1800 Ohio Oil 4600 Prairic 0 & @ 'n 220 Prairie P L 250 South Penn 0ii. 17 10 Southern P L.. 80 118008 0 Ind 1008 O Kansa 2008 O Ky 2 60S 0 Neb.!. 33008 0 N Y. . 1008 O Ohio. : 1300 Vacaum Oi. 01 BT 7 Guit Oil of Pa. A Kirh Washington Stock Exchange SALES. Capital Traction 5s—S$1,000 at 98. sapsake & Potomsc Tel. of Va. Se— ¢ 08. Rwy. & Elec. g. & r. 65—$1.000 10 at Che $50 09, 10 at 100, 8 at 100. Firemen's Insurance Co—41 at Lanston Monotype—10 at 831%. 831%. 10 at B 5 at 8314, AFTER CALL. gl asnington Rwy. & Eiec. pfd—I10 at R Money—Call loane, 5 and 6 per cent. Bid and Asked Prices. T a BONDS. PUBLIC UTILITY, Bid, Asked. American Tdl. & Teig: xfh . « American Tel. & Telg i Am. Tel. & Tel. ctl. tr. 1013 Am. Tel. & Tel. conv. 132 % Anicostin & Potomac 02 Ana. & Potomac guar, 22 C"& Pl Telephone e " 100 C. & P. Telephone of Va. 5s.. 9% Capital Traction R. R. 5e. City & Suburban 5s. G prgetown Gas 1st e, . 16t - Potomac Potomac Elec. 6a 1653 Pot. El. Pow. &. m. & ref. Riges Realty Bs (long)... Riggs Realty 5s (short) Southern Bldg. 6}4w... ... . Wash. Mtk. Cold Storage 5s Wardman Park Hotel 6s. 1 STOCKS. PUBLIC UTILITY. Capital Traction .*100 Washington Gas. e 160 Norfolk_& Wash. Steamboat .. 345 Wash. Rwy. & Elec. com.... 118 Wash. Rwy. & Elec R ¥ pld. Terminal Taxi com. . NATIONAL BANK, jonal Capital........ Lincoln . =5 National Metropoli Rigza Sccond : s Natl. Bank of Washington. TRUST COMPANY. Security & Trust ntal Trust . Merchants’ Bank ... ..... ational Saving & Trust Union Trus feeeaas Washington Loan & Trus SAVINGS BAN] Commerce Savings .. tan " United States ... ‘Washington Mechanics PIRE INSURANCE. 225 National U Columbia Title. Real Estate Title. ‘MISCELLANEOUS, D. C. Paper pfd......... 85 . . Merchants' Trans. & Storage. 115 s .e Mergenthaler Linotype . 176 178 Natl. Mortz, & Inveat. pi By oy S DR Navkel pra I Lanston Monotype ... 83 Pt Security Storage. 366 aaee Washington Market. % 11 YeURY diviasnd. i NEW YORK CURB MARKET THE EVENING STAR, WASHINGTON, D. C, Direct to The Star Office growth which the artificial silk has enjoyed during the last five years. Another proof of the growing demand for artificlal silk products was the sharp advance in Tubize Artificial 8ilk of American shares, which were admitted to trading for the first time. At 200 they compared with the price between 45 and 50 three months ago. The demand for Curtiss Aero at new high prices on the move was said to reflect the possibilities of the company in the proposed Chicago- New* York air line. Special strength came into the market for Libby-Owens Sheet Glass, carrying the price from 191 to 210, and in Lehigh Coal and Navigation, which rose 3 points to 109. 638 Lago Pet e 1 Livingéton Pet [\ eer Ol Corp. Pennok Of Corp, 44 Reiter Foster Oil Red Bank Ofl 4 Roval Can O & R .| 3 Salt Ck Conw.. .. meflx 0. An() lnw 30% B0 30% INDUSTRIALS. 4 Adirond_Pow . . 1 Allied Pack néw 2 Amal Leather . 4Am G 3a14 Am & 1 Am ah Am L ot Ravon Prod BAm Superpow A 13 Am Superpow B 53 Arm&C B v tefs 25 fsto Gas & Elec 2 Botany Cons M. T Botany Cons M A 4 1B Schw A ex div 1 49 Brit-Am_Tob cou 1 Butler Bros .. 235 Cn D Gin AA cod 1 44 Cn D Gin A nw wi ACar Light ... 1 Carolina P & 'L 402 iCentrif Pipe Co 18 18 Chanin Sac & C 42 26 Chat'n&Son ex dv 30 # 2 5 Continen Bak A 200 Continen Bak B. 17 Cont’l Buk pid. . 5 Cont'l Tob Ine. . 7 FiE & Fire g2 iy N % 1 2 Doehler Die 2 Dubilier C 2 Dunhill 4 Durant R Co El Bl & 1LE Bd & 27 El Invest Inc 1El R Secure Co 3 Eureka Vacuum. ‘ajardo Sug Co amous Pl n wil Is P. ;1 & W G Stores ‘ox Pict A . reed Eise R C Frochman Chael HK o H It In Mot A pid 184 Sh n cor 0 1 4 1 0 R o 5 0 5 ] ! t] 2 g DI b D s e 01 4 128 80 25 2 5 i abl Snub arod Corp en Gas QoD T T, k) Glen Alden Coal 134 Goodsear Tire Grennan Bok 12 Grimes R & C Happiness C azeltine Corp. Heyden Chem . 1 #Horn & Hardart 1 Inter Contl Rub 1 Int} Coner Ind C 4 Intl Mateh C pfd 2 Intern Util AL . 37 Intern Util B ones Radio Kelvigator | © 3 Lehi Pow sec ¥i& 4 Lepigh V C N 27 Lehigh V C & bbey Owens . h R _Ch Strs. erc Stores engel Box esabi Tror i Weat W 5 3 1 i 4 4 3 1 H 1 £k R a5 P i e P e E # B B s Dl e bt D1 b b D i 1 t s, 4 Perfection Tire 2 Pow Cor N 1 Purity Bak 2 Pyrene Mfg Rem Nois T € 3 Reo Mot 1 Rosenb Gr C pi 481G P o vie Singer_Mfe Lid Serv_E] Corp A %0 G P A wi. i1 Southeast P & L 1Stand Mot . 18tand Pub C A 58tutz Mot 12 Swift Intl . 3 Tern Eles Pow. 1Tenn E P 2d ofd Rad C.. lip Cup_ Corp. A Silk vic 2 g FEEE FRES PEEE PEEE FERT > et B V1B b S I DD Bis EDhAE ke 3zORESa2R352053095 2 1 3 . 2 2. e B 2R r IR SN B SES S D aN » D0 iz PEF w9 8 FRES FES R FAEARE 8 ¥ R o S B R R R I R S AN R S D B A DS A BN S BRI HIDIT B B D55 s 20 00 DeE a1 19 DaBEam e ettt et N T E e £ 180 new . ] 3 i 3 0 ! 4 8 1 & ] 7 i i o Warner Warner Bros P A Western Power . WRM Wilson Co n_wi Wilson Co A n wi Wilkon G n pf wi 2 Yellow Taxi N ¥ FF RE &R OFEE O ot D1 DD P HaEen @D MINING. 20 Canario_ € 50 Chino Ext % Cons_Cop % Cresson_Gold . 6 Eng G M Ltd Ind 0 First Thot G M 3 Hecla Mine 10 Jumbo, Ext 50 Kay Copper 6 New Cornelia . 11 N3 2ine . 4 Nipissing 1 North Butte Ohto'cgp L arm Por 10 Piymouth L M 20 San Toy ... .. 0 [0 4 S0 Am Goid & P 20 Spearhead Gold . . 2 Tono Min / 1008’ Contl 4 Utah Apex ' 3 Wenden Copper THREE OFFERS MADE TO AID GRAIN FIRM By the Associated Press. CHICAGO, June 18.—Three offers of financial aid to tide over the Grain Marketing Co. were reliably reported to be before the board of directors today. The company has only untfl July 28, under its contract, to te- purchase from five old-line grain op- erators, whose properties were leased by the company, $4,000,000 worth of Grain Marketing Co. stock. By 2o o SR iz AT B i B e iR ER meisin e oS oo * Siasete * > o ©aSnReR et nm—wro; * D°f. h‘;"k Init $1.75 July 15 J rence etock . Init $1.7 De Beera Min. de: 2 ferred stock 514, Com. Tob. f40°% 850 cents per HOGS BEST MONEY MAKERS ON FARMS Eggs and Chickens Also Bring in Good Returns. Beef Demand Strong. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, June 19.—Just what the profits of the livestock grower will be this year apparently depends largely on the system of accounting used. There is a general impression among livestock men and packers that the returns will be a decided im- provement on 1024. Many farmers are convinced that their profits, if they have any, will be infinitesimal. Provision men, on the other hand, say the farmer will have one profit, but that according to his system of accounting he really de- mands three. Good Profit in Hogs. They explain that farmers who feed cattle and hogs for market owing to the conditions on the farms, find it advisable to feed about 40 steers to the farm and three hogs to each steer. They say that many farmers not only insist on a profit on the corn they feed the animals, but they expect a profit also on both the steers and the hogs. These experts declare that this year, a profit may not be shown on the steers or on corn at above $1, but that the whole operation is show- ing a profit to the farmer, since hogs are paying him excellently. The ‘number of hogs being raised and marketed is decidedly under that of a year ago. The amount of pork products produced, also, is less, since the hogs are not being finished mo thoroughly, owing to the high price of corn. Slaughter is hovering close around consumption, prices are high and there is Ifttle indication of a drop. Strong Demand for Beef. The demand for high-grade beef cattle is strong and prices are high, but the poorer grade atuff is in ample supply and light demand. The cattle grower who has had a hard time is in better case than for many years. The profits of this season will not recoup him for the losses since the war, but there will be profits none the ‘leas. Meat stocks have been generally reduced and the slaughter of hogs has fallen off to such an extent that some packers have had to close their pork departments for brief intervals. This has raised costs to consumers. Eggs and Poultry Higher. Chickens will do their part for the remainder of the year in making the farm pay. Prices for eggs and poultry are 15 to 20 per cent higher than those of a vear ago and should av- erage as well for the remainder of the year as in 1923, an excellent season. The poultry flock is an almost in- dispensable unit in a program of diver- sified farming, since chickens are fed the skim milk trom dairy cows, which Is necessary for high egg production, and waste grain from the cattle and hogs being fattened. In spite of this fact. about 1 farm in 11 throughout the country raises no poultry. | The number of chickens incrensed rapidly from 1920, until on January 1, 11924, they reached the extraordinary total of 474,000,000. Production of eggs . increased 33's per cent in the same period, while the number of possible consumers gained only 5 per cent. The.egg production was further alded by the raising of per capita pro- duction of hens from 15.7 dozens an- nually to 19.7 dozens. Fewer Chickens Raised. This expansion was halted in 1924 by low prices and heavy marketing of poultry. At the beginning of this ar the chickens un farms were 9 per cent less than In 1924. The num ber of eggs produced in the fore part of this year showed an increase of 300,000 cases, but this excess may be wiped out before the Summer is over. Production probably will not exceed that of 1924. On the large markets the spread in prices for eggs and poultry due to differences in quality is probably wider than for any other farm product. A substantial premium always can be counted on for eggs above average in quality. And these premiums fre- quently run as high as 25 cents a dozen in this market. From now on strictly fresh eggs can be counted on to advance, with intermediate and low rade eggs slackening off. o 8BS Copsrignt. 1025.) . HEAT LIFTS ICE CREAM BUSINESS 100 PER CENT NEW YORK, June 19 (#).—The excessive hot spell the first week of June increased sales of the Reid Ice Cream Co. 100 per cent over the same week last vear. For the first five months this year the company’s business gained 28 per cent. Sales for the first four months, normally the least profitable period of the year in the ice cream business, reached $2,124,083, with net profit of 9376,145 after all charges, but before taxes. W. B. & A ISSUES INSHARP ADVANCE Stock and Bond Rise Due to New Reports on Change in Control. Special Dispatch to The Star. BALTIMORE, June 19.—Reports that new interests had acquired con- trol or at least a substantial interest | in the Washington, Baltimore and An. napolis Electric Railroad started a wave of buying In the stocks and bonds of the company yesterday, and before the demand had been satisfled the issues had been carried up several points. The common scored the largest gain —B% points. The preferred jumped 2% Enlnln and the bonds 1 point. The stocks attained the highest prices of the year and the bonds equaled their recent top. Buying Very General. Buying was gene: out-of-town urchasers vying with local interests or the offerings. During the last 60 days the common stock has advanced 8% points, the preferred 9 points and the bonds 10% points. The financial district was alive with reports tiwt new interests had bought Into the property, and the names of J. E. Aldred and associates of the Pennsylvania Water and Power Co. were mentioned in all the reports. It was said that the election of James J. Doyle as president to suc- ceed George T. Bishop, who becomes chairman of the board, was a step in coneummating the deal. Desire to obtain control of the power system of the company, which does a lucrative business in Anne Arundel County, s sald to be the reason the Aldred group wants the property. There {s no longer any doubt that Important developments in the affairs of the road are pending, and it is intimated in well informed circles that the developments are along the line indicated. MARYLAND'S CROPS FACE DROUGHT RUIN Dryest Conditions Ever Known in State—No Real Rainfall Since May 24. to The Star. June 19.—All BALTIMOR land. east of the Cumberland Moun- Mary tains, As parching under the worst Bureau here. Only 04 of an inch of rain has fallen since May 29, and FRIDAY, JUNE 19, 1925. Money to Loan Secus by first deed of trust on real estate. Joseph 1. Weller 18 Wity &'ty WE FINANCE | —all classes of income-producing property. Large Loans a Specialty Current Int. rate and commission. Higbie & Richardson, Inc. 816 15tk St. N. 9| —=]a[—=ln| LOANS! LOANS!! LOANS!!! 1st and 2nd Trust Loans Made on residences, K1 apartment houses and busi- ness property. Perhaps our scheme of refinancing wilt heip you. Consult us N. L. Sansbury Co., Inc. 1118 Eye St N.W." Main 5004 STOCKS BONDS BUCK & CO. —BROKERS— Established 1916 We Buy and Sell Listed Securitics Outright or on Margin Our Marginal Requirements Are Reasonable and Attractive Visit Our Board Room or Write for Weekly Market Letter Direct Private Wires ew York Balt!more Philadelphia ‘Washington BUCK & CO. 1420 N. Y. Ave. N. W, 312-13 Evans Bldg. Phone Fr. 7300 uniess there should be heavy rain within the next few days crops on the Eastern Shore and elsewhere in the State east of Hagerstown will be ruined. There is no prospect of such relief, according to the forecasts of Dr. James H. Spencer head of the Weather Bureau fall in eastern Maryland was May 2 when violent ain, wind and hail storms came on the heels of 24 hours of unprecedented heat the day before. Since then it has rained only three times, once May 29, when .16 of an inch fell, and twice in June. when only a mere trace of rain was re corded. Since February 1. according to Mr. Spencer, only 60 per cent of the normal amount of rain fallen in Maryland east of the Alleghany Moun tains. As a result. reports have been recelved from farmers in this section The strawberry crop. which prom. ised to be a large one. was ruined by the dry spell, according to the reports Your Banker Knows. When in doubt about a security consult your banker. It is equally s much his interest as yours to pro- tect your savings.. You trust him with your deposits—why not trust Bim with your investment problemat REAL ESTATE LOANS 5 io] ANY AMOUNT © APARTMENT HOUSES BUSL PROPERTY, RESIDENCE LOANS AT LOW RATES FRED T. NESBIT INVESTMENT BLDG. Main 9392 FEDERAL-AMERICAN NATIONAL BANK- RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President SOUTHERN RAILWAY TAX BILL SHOWS INCREASE Special Dispatch to The Star. ATLANTA, Ga., June 19.—Out of every dollar received by the Southern Railway Co. during 1924 for freight charges, passenger fares and other services to the public, 5.4 cents were paid in taxes—Federal, State, county and municipal. There was no halt in the upward trend of taxes, says the annual report. The tax bill of the Southern was $7,- 702,699 in 1924, compared with §6,994, 407 in 1928. —_— PARIS BOURSE UNSTEADY. PARIS, June 19 (®).—Prices were unsettled on the bourse today. Three per cent rentes, 43 francs 15 centimes. Exchange on London, 102 francs 90 centimes. Five per cefit loan, 52 francs 95 centimes. The dollar was MONEY QUICKL Y PROCURED Money ‘advanced for Interest.” Refinancing. "Low commicaon "™ District Loan Procurement Co. 204 Kell Bldg.—1422 F oo B o e M AL rm«nWeo WANTED! SECOND TRUST NOTES Funds available for the pur- chase of all Kinds of second trust notes, secured on D. C. or nearby . Prompt " action in and Transactions Co. 715 14th St. N.W, Main 3662 quoted at 21 francs 16% centimes. JOHN JOY EDSON, President anized 1 Assets o ve...$4,942,132.68 Saving for a Home Hundreds have done hundreds are doing it. Equitable Co-operative Building Ass’n Subscriptions for the 88th Issue of Stock Being Received The Equitable’s systematic saving plan will make things easy to purchase a house. it— Are you one of these thinkers- ahead? Start Saving Today. 915 F St. N.W. 79000000 604 Jeeeeres G0 600000030060% i FRANK P. REESIDE, Secy. 45th YEAR COMPLETED Surplus --$1,817,011.44 fmmediate | The last rain of any importance to | showing great damage to truck vege- | tation and injury to wheat and corn. | | LOAN | on improved property in Washington. Cur- Prompt H rent rates. service. [SHANNON & LUCHS} il 713 & 715 14th St. N.W. Main 2345 I | ! i i Dean Il Onativia 3 & Co. I | Stock Exchange Building | NEW YORK Stocks. & Bonds | Cotton Coffee Grain Sugar MEMBERS { New York Stock Chicago. Stoe | New York Curb i ‘tign i i Market Associa- Y. Cotton Exchange azo Board of Tra Y. Produce Exchange Minneapolis Chamber of Com- merce i | | Washington Office | Main Floor, Woodward | B ng | | Phone Main 2040 JORN CALLAN O'LAUGHLIN Manager Reserve These 7% Bonds Now 7% First Mortgage Bonds, in denominations of $1,000, $500 or $100and maturities from 2 years to 15 years, now are available for immediate delivery or July reservation, No deposit is required on invest. ments reserved for 30 days. Let us send you descriptions of our current offerings now. Examine them at your leisure. ‘Then reserve the investment you desire for delivery when your funds will be in hand. Mail the conpon now SHARES $2.50 PER MONTH The F. H. Smith Co. Founded 1873 NoLous to Any Investor in 32 Years Smith Building, 815 Fifteenth S¢. THE F.H. SMITH COMPANY Smith Building, Washington, D. C. drought in the history of the Weather | il —on TFirst Mortgages [fi!§ Please sead mmmé;n':num?m i same selecting th investing of FINANCIAL. HY not choose your mortgage broker with the degree of care that you exercise in e family doctor? Wise and prudent your savings is next in importance to the comforts of good health. 8 Cafrits Fi &8, And 14th & K. J CAFRITZ COMPANY: agree that twice the amount of a First Mortgage property is “lossproof” security. is the protection uniformly given to holders of Wardman 4430 K Street * § “We House One-Tenth of Was| irst _Mortgage Notes Are Now Paying 6% Are Issued in Amounts of 5100 to $5000 C. L. O'DONNELL, MGR. Mortgage Department Phone Service Until 9:00 P.M. Main 9080 ' VEN the most careful and consery- ative of business men and women residential This Note in good 6Y%% First Mortgage Notes $100 to £100,000 WA MAN .Constructio mpany INC. Main 5850 gton’s Population™ ’.mz The Acme of Protection ::3.::-‘ - Houses Business Properties The New York Life Insurance Company Offers to Make First Mortgage Loans on Improved Real Estate In the District of Columbia and Suburbs for 3, 5 or 10 Year Periods sartnents Uifice Buildings V2% ON APPROVED SECURITY Apply RANDALL H. HAGNER & COMPANY MORTGAGE LoaN GORRESPONDENT Nor321 Bommecticut Tenue, TelsihineNizin 5700 APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the Suburbs in Montgomery County, Md H. L. RUST COMPANY 8h4e PRUDENTIAL INSURANCE 912 15th Street N. W, strict of Columbia and adjacent 5:% INTEREST SApply vo LOAN CORRESPONDENT COMPANY & AMERICA Main 6888 Century Without a Loss B. Main 2100 SAFETY—YIELD To seek only high yield is to speculate. To secure safety coupled with substantial yield is to invest. Our 6%% FIRST MORTGAGES —meet all the conditions of a perfect investment. F. SAUL CO. 925 15th St. N.W. SRR DO RN R N SR IR D L R R G