Evening Star Newspaper, June 26, 1925, Page 27

FINANCIAL. PORK GOES HIGHER - INLOCAL MARKET Best Smoked and Fresh Hams Advanced—Butter and Eggs Unchanged. Slow receipts and slightly increased prices have served to make the mar- ket on pork products much firmer. Smoked hams are much in demand at this season, hot weather always in- the demand. Best smoked hams were quoted to- day at 30 and 32 cents this morning, while fresh hams sold at 28 and 30. Fresh shoulders were quoted at 18 and 20, only sligh lower than the smoked product. Loins were 80 and 32. Aaditional encouraging reports have been received from nearby truckers and farmers. All tell of the vast amount of good from recent rains, many crops being saved from total ruin Today's Wholesale Prices. Butter—Fancy, tub, 51; prints, 52 store packed, 30. Eggs—Fancy, selected, candled. 33; average receipts, 31. Poultry—alive: Spring _chickens. large, 45: small, 40; Leghorns, 35: heavy fowls, 27. ducks, 15; keats, 40 1o 75 turkevs, 25: geese, 12al5 Dressed: Spring chicjens, large, 5 medium, 48a50; small, 43; turkeys, 30; ducks, 20; geese, 15 Live stock—Calves, 83; lambs, veal, 15: Spring loins, 31a rs, 18a20; smoked ; smoked shoul- ders, 18a20. Today's market report on fruits and_vegetables, furnished by the Market News Service Bureau of Agricultural Economics, savs: Cantaloupes—Supplies liberal: de- mand moderate, market steady; California, Imperial Valley, salmon tints, standards, 45 best, 4.0 soft, overripe, 3.00a4.00; 36s, 4.25a4.50; some soft, overripe, 3.00a4.00; jumbo 865, 4.2524.50; mostly, 4.50; some soft, 4.00; flat 11s and 12s, 1.50al.75: some soft, overripe, 1.00. Cucumbers—Supplies liberal; de- mand light, market steady: Vir- ginfa, Norfolk section, hotbed stock, holdovers, bushel hampers, fancy, 2.00a2.50; choice, 1.00a1.50; North and South Carolina, bushel hampers, No. 1, 1.50a2.00. Lettuce—Supplies moderate: de- mand light, market dull: New York, 2 dozen crates, big Boston type, wide range quality and condition, best, 1.80; poorer, 75a1.00. Peach Demand Moderate. Peaches—Supplies moderate; de- mand moderate, market steady; Georgla, 6s, Hileys, small size, 3.00 3.25; medium, 3.54; Early Rose: all sizes, 2.50a3.00; North Carolina, 6s, various varieties, fair quality, small size, best, 2.00a2.50; poorer, 1.500a1.50; bushel baskets, Hileys, '3.00a3.50. Potatoes—Supplies moderate;: de- mand light, market steady: new stock. North Carolina and. Virginia, Norfolk section, cloth-top stave bar- rels, Irish cobblers, U. S. No. 1, most- 1y, 5.00. Tomatoes—Supplies moderate; de- mand light, market steady: Missis- #ippi, 4s, turning, wrapped, No. 1, 1.75a2.00; Florida. 6s, turning, wrap. ped, fancy count, 4.00a4.25; choice count, 3.00a3.50 Watermelons—Supplies liberal; de- mand moderate, market steady: sales direct to retailers, Florida. Tom Wat- sons, 32-pound average, 90a1.00; 26 to 28 pound average, 60a73: Georgia, Tom s, 34-pound average, labsled, 1.00a1.15 each String Beans Steady. String beans—Supplies light; de- mand moderate, market steady; Vir- ginia, Norfolk section, 5-peck ham. pers, green, 250a3.00, few high as 7-bushel ham- 00a2.50; ordinary 8.50; North Carolin pers, green, best, condition low as 1.50. Dewberries—Supplies light; demand iight, market steady; North Carolina, 32-quart crates, wide range quality and condition, best, 5.00a6.00; poorer, 3.00a4.00. Green corn—Supplies liberal; de- mand i slow, market dull; Loui s, bushel baskets, 2 2.50, North Carolina. crates, some ordinary quality, 1. ome refused. PRICES GO HIGHER IN COTTON MARKET Dry Weather in Texas and Boll ‘Weevil Reports Make Trading Strong. By the Aseociated Press. NEW YORK, June 26.—The cotton market opened steady today at an ad- vanice of 19 to 38 points on relatively firm Liverpool cables, complaints of continued dry weather in parts of Texas and a report by the Bureau of Entomology indicating a heavy infes- tation of boll weevil in some of the Eastern States. Liverpool was a moderate buver of new crop months here, while there was covering by recent sellers and a moderate commission house demand which sent the price of October up to 23.62, or 29 point: i Trad- ing was moderate! New York cotton futures elosed very steady at net advance of 30 {0 46 points NEW ORLEANS. June 26.—While there were considerable rains reported in Texas yesterday, little or none reached the drougth-affected section, and cotton prices opened today firm with an advance of from 12 to 19 points. At the end of 30 minutes of trading July had reached 23.25, Octo- ber 23.13 and December 23.22, or 18 to 28 points above vesterday's close. New Orleans cotton futures closed steady at net advance of 38 to 44 points. uly. 2307 October, 97: 147 January, 23.21 bid: March, 23.28 Better Be Safe Than Sorry How often people tell us—"If T had invested all of my money in your First Mortgage Notes instead of plac. ing a large part of it in that ground floor proposition, I would be P— dollars ahead today.” Write for booklet. C. L. O'DONNELL, Mgr. Mortgage Department CAFRITZ COMPANY ] Realtors 14th & K Main 9080 THE EVENING STAR, WASHINGTON, NEW YORK CURB MARKET Received by Private Wire BY WILLIAM F. HEFFERNAN. NEW YORK, June 26.—The buying forces continued in the ascendant in curb operations today. All classes of Canada Dry Gingerale issues moved forward sharply to new high records. Happiness Candy, at its best price for the year, was making belated response to the placing of the stock on a divi- dend basis, the sharp upward move- ment in General Gas and Electric ls- NEW_YORK, June 26.—Following is an official list of bonds and stocks traded in on the New York Curb Market today: Sales in thousands. 38 t] o P 22222, 5 FEETES FEEN g seiieeT e b - 2 Con a) 5 47 Cuba Co N J Bs.. 1 Cudahy PR FIS e o ot e ibants (oYY PES FILEEEE & TEE SRS e b 487 &5 53 Zo 3 =P wuwess BIRG GAIDIB D G T A A DO IR P I OB IR BIPAB DD e iMoo e CORRREEY ] - ey ey e o e e e et s s S SR RRE S G e §5 35BS e SE ot Er oot s etraasteneh 3en 0080 Tttoteotonasiahobes. FHEFEITIT FFEGEE FIFTEEESG & Rub 3 Yacuum Ov 13 Webster Mi FOREIGN B BCity Graz 8 ... O SEs R'R France 78 &3% ch_ Nat 7s 2 " £ SRS E RS BE Rt B0 R R a8 R R 3R SRR SRR R3S iR R S aw I FHEXTIEITES GHIET FITTESISE §8 FFE FEEFTE F P58 S5§SE FESSEFE TEF §HIEF SFFSTUSE §& F&F SEPEER # o* e 2 1siem & Hal'ze 7 Swiss Goy 13 1000 £1°Po Salesin STANDARD OIL ISSUES. s, 20 Buckeye P L .. 60% 100 Cheseor Mfg ... 65% 5100 Cont 0N new . A 10 Cumberland P 2500 Humble Oil & 00 lmp O Can new.. 33 1800 Inter Pet C Ltd 3 120 Magnolia Pet 48 Transit SALEEER oo a0 EREaS VEE FEE S T = 10 Northern P L 1800 Pr O& Guw exd 61 1050 Prairie P L ex d126% 130 South Penn ON.. 171 50 Southern P L .. 80k 47005 O Ind o O RO Pt EREEEEENGE FF Sales in hundrede. CK! & ones o s o 2 s s 0w 3B BBEEE Dot S 0105053 0o O ot 1366010 R SR FEEFES F SFE REE FXEE enezyelan 4 o8t suu.’%u. of% tlcox O&G new. 304 INDUSTRIALS. cois © b SRS F e SewerSon SRR o o P&Lpfl. .. Rayon Prod. Superpow A 3 Superpow B 3 Thread pf =3 LT R W bpcomets Caam Don: 3. s A 3 S B SRR S D DB 1 PE ST > DR B 15 BB 308 * 3 Botssonnault G C 2 Borden & Co new 3 Botany Cons M. 1 Botany Cong ‘)(BA gk!m City R R. o PStRE] £ o artis S DG 158 - oy o e ‘ommonw P C pf ommw PC n_wi mmw P C war 3 Cons G Balt new 3 Continen” Bak 4 232 Contiren Bal B B o B SO AR DDA A 45 Heae R saD aDEE aaGoDEmLG GeeoaEnDm Ideally SAUL BUILDING 925 15th St. N.W. Reasonable Rent Main 2100 Office Suite for Rent B. F. SAUL CO. Direct to The Star Office sues showed no signs of culmination, and there was special buying of radio stocks. Serv-El Carporation and Nizer Corporation advanced to new highs. The latter, at 521, compared with the previous final of 48%. The 13-point Jump in National Tea common reflect- ed the increase of almost 17 per cent in sales for May over the month a 1d. . 100 lflg 1 A TR 3 ! urtiss Aero M. . 9% ury Rerg N pid. C 1 ) " areton 1 B ot 0 e 11n S an eanaes o Sttt N ” - F SIEEREE E I > PR LS i Sarter BSa S 2 aaa et v FEEF B s s o B TEEE SFIEREE FR R P o o 0¥ o o i on <2 £ 50 A R0 01~ BDn Y B} s KON RIS D A PBAD B ] B O BBCADOE BAIBEEIS! 8% e e O 133 33 00! I 0@ Wt ERITSR, e 2o 00 1418 100 D ION I M 1 T SREE SFEF FIET R EE W P T ENEE O SRR FE SIS RET F VS BorSr v A= nes Radio. Ivinator Co.. el RFE IR F R 1 D R E O R 2.0 D SN e D 1 BRI S I DR LS LD o o FEE SeE S 10 G JORY ot g ¥ i~ B S BBES S DOt 2! Lioromar3on 150 Datran e oo ESATIPER R PR SRR ot TR et e Sugaste B0 B0 B E R P DD RIS D ABEAO A B S DBI33 B B D @ @ ub a Nat Pow &Lt Groce: e 8 ] o or Ohio Power Nor States P pf. 1 Nor States P wis Nor Ont P & L. Omnibus Cor vic. EEABLRESS WP G GRS R F P RE © 30k kB I po B owensanaiendenis Srpmonaoo wh | 1 1 l Lomoo - B oo O T 15D e on A R BB Do TS A EF B Singer Mtx . inger Mg Ltd.. orv El§om A leen vt outheast P & L. ou_Cal e 3 T 3 < > Loz e g ) oS D IR i aoD el TR S FE P B 0 3 & 3 > T ot prEes 3 ! & P2 TR SEGEGIGEF JGIE T PG s & §F & o 3 op A0 POV R FEFEE £ F TRIIE SISE RIS = s o © iz 12203230 n 8 Snatennt P~ P T L IR T e 130 DB, i riz_Globe C. 0. Bt F3 ¢a333383025., e §.J zinc ;mm«» P 3 Iymouth Laad M .2 Epearhead Gols 0! ono Beimont 5 Goid Utah ADE! enden Cop *E Your Banker Knowa. When in doubt about a securtty consult your banker. It is equally as much his interest as yours to pro- tect your savings. You trust him with your deposits—why mot trust bim with your investment problema? N NEW YORK METAL MARKET. NEW YORK, June 26 (#).—Copper quiet: electrolytic, spot and futures, 13%al3%. Tin easy: spot, 56.00; fu- tures, 56.75. Iron steady: prices un- changed. Lead steady: spot, 8.20. Zinc steady; East St. Louis, spot and futures, 6.95a7.00. Antimony, 16.25. American Telephone & Telegraph Co. 143rd Dividend The regular quarterly dividend of Two Dollars and Twents-Five Ceénts ($2.25) per share will paid on Wednesday, July 18. 1925. to_stockholders of r;«.m at the close of business on Saturday. June 20. 1925. BLAIR-SMITH, Treasuger. Money to Loan Secured by first deed 0f trust on real estate. Prevailing fnterest and commission, eller 420 Wash. L. & Trust Blde.. Oth & F N.W. Located Especially suitable for Real Estate—Insurance — Financing — Invest- ment—or Similar Cor- porations. 925 15th St. N, D. WE FINANCE —all classes of tncome-producing property. Large Loans a Specialty Current int. rate and commission. Higbie & Richardson, Inc. 816 15tk Bt. N.W. QUICK LOANS HOME OWNERS $150 to $5,000 on 1st, 2nd and 3rd Trusts In Three Days DISTRICT MENT 204 _Kell, ., 1422 F 8t. N.W. Open Evenings i . S e, FRED T. NESBIT INVESTMENT BLDG. Main 9392 Avoid loss of interest P reservingyour July invest- ments in advance you can arrange to have the interest on your new investment start the day yourold investment matures. 9. Tel. Main You may make your selection now from current offerings of 7% Smith Bonds, and no deposit will be required to reserve the invest- ‘ment youchoose for July delivery. 7% First Mortgage Bonds are available in denominations of $100, $500 and $1,000 and in maturities from 2 to 15 years. Mail the coupon for descriptive circulars. STOCKS BUCK & CO. —BROKERS— Established 1916 We Buy and Sell Listed Securities Outright or on Margin Our Marginal Reqnlrmn".l Are r NI 5 et s i Reasonable and Attractive No Loss to Any Investor in 52 Years The F. H. Smith Co. Founded 1873 818 Fifteenth Btreet--Main 6464 New York Washington, D. C. Pituburgh Philadelphia Minneapolis Visit Our Board Room or Write for Weekly Market Letter Direct Private Wires New York Baltimore Philadelphia Washington THE F.H. SMITH COMPANY Smith Building, Washington, D. C. ' REAL ESTATE LOANS BUCK & CO. 1420 N. Y. Ave. N.W. 312-13 Evans Bldg. Phone Fr. 7300 Please send descriptions of your current offerings of 7% First Mortgage Bonds to: Name ... C., FRIDAY, JUNE 26, 1925. FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President THE FINANCING OF A REAL ESTATE DEAL Is Really a Vifally Tmportant Considerution We are in a position to make unlimited loans on first and second trusts on Residences Apartment Houses Business Property Consult Our Loan Dept. OFFERING - For June and July Funds Yielding 8% Free of District of Celumbia Intangible Tax NORMAL FEDERAL INCOME TAX PAID AT THE SOURCE The remaining portion of the 2nd Issue of Preferred and Common Stock of Real Estate Mortgage and . Guaranty Corporation Main 1403-1404 26 Jackson Place N.W. Resources Over $2,250,000.00 Equitable Co-operative Building Ass’n © JOHN JOY EDSON, President FRANK P. REESIDE, Secy. Org: 45th YEAR COMPLETED Assets ....... ....-$4,942,132.68 Surplus $1,317,011.44 Subscriptions for the 88th Issue of Stock Being Received Get Into the Systematic P9 Saving Habit of the I Equitable SHARES Whether you are saving for a home or for a ‘“rainy day” the = Equitable’s systematic saving plan $2.30 will help much more than depositing PER haphazardly. Start today and learn & of this wonderful, result-getting MONTH plan. 915 F St. N.W. * The Strength of a Great _ Organization % BACK of each First Mortgage Note we issue is a threefold protection— twice its value in residential the recommendation of the Wardman organization and the administrative ability of that organization’s officers in watching over your interests. 6Y%9% Firct Mortgage Notes $100 20 $100,000 WARDMAN ConstructionmCompany #4350 Ksoreet 'NC Main 5850 “We House One:Tenth of Washington’s Population” roperty, APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent Subwebe in Montgomery County, M& e :fl pply ro H. L. RUST COMPANY LOAN CORRESPONDENT ®he PRUDENTIAL INSURANCE COMPANY s AMERICA - 912 15th Stieet N.W. Main 6888 —on First Mortgages on improved property in Washington. Cur- rent rates. Prompt service. HANNON- & LUCH 713 & 715 14th St. N.W. Main 2348 Dean Onativia & Co. Stock Exchange Building NEW YORK Stocks & Bonds Cotton Coffee Grain Sugar MEMBERS New York Stock_Exchange Chicago Stock Exchange New York Curb Market Associa- tion ~."%7 cotton_Exchanke Chicago Board of Trade N Y. Produce Exchange Chamber of Minneapolis Com- ‘Derce Washington Office Main Floor, Woodward Building Phone Main 2040 JOHN CALLAN O'LAUGHLIN FINANCIAL. ‘FIRST MORTGAGES FOR SALE Denominations of $250, $500, $750, $1,000 and Upwards 6%2% All Loans Made on Property Located in the District Columbia JAMES F. SHEA 643 Louisiana Ave. N.W. SECOND TRUST NOTES Funds available for the pur- chase of all kinds of second trust B on D. C. or nearby Prompt” action in every case. Washington Investment and Transactions Co. 715 14th St. N.W. Maln 3662 Jeeeetcsseseeg % § e TRNERUEUNERR YRR AR R ERRE 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 Yecar Periods Houses ’ Apartments Business Properties Office Buildings SY2% ON APPROVED SECURITY Apply RANDALL H. HAGNER & GOMPANTY & MORTGAGE LoAN GORRESPONDENT Absolute Sound Banking Adhered to Together With the Progressive Policy of Sharing Profits With Sav- ings Depositors Prevailing Elsewhere. Assuring You a Larger Interest Rate on Your Savings We Offer a Limited Amount of First Trust Notes to Net Buyers 617, - Safe Deposit Boxes, $2.50 Up Money to Loan on Real Estate Insured Savings and Insurance Written Attractive Metal Savings Banks for Home Use. Home Builders and Thrifty Savers Bank. CENTRAL SAVINGS BANK 710 14th Street N.W. FRANCIS M. SAVAGE, President 6% net; provisions; 19358 W. 8. & Co., Tne. The Straus Hallmark on a bond stampe it at once as the premier real estate security. Reserve Your July Investments Now ROMPT selection of your July investments is advisable. This is the most active bond market S. W. STRAUS & CoO. ever has known, the volume of our business in the first five FOR EXAMPLE— —new issue yieldin, ~first mortgage onnew office building on prominent New York uptown corner; —strong sinking fund ~—assured earnings two and one-half times interest charges; —large equity. S. W. STRAUS & CO. ESTABLISHED 1882 NATIONAL METROPOLITAN BANK BUILDING 43 YEARS WITHOUT LOSS TO ANY INVESTOR months of 1925 being larger than in the same period of any previous year in our history. The demand for bonds is exceptionally heavy a this time. We suggest, therefore, that in order to ob- tain the bonds and maturities you most desire, you make an immediate selec- tion. We have an exceptionally attrac- tive and well-diversified list to offer you, yielding 6%, for the most part. Werite today for literature describing these sound first mortgage bonds, in $1,000, $500 and $100 amounts. Ask for BOOKLET 39%-G - INVESTMENT BONDS “ INCORPORATED WASHINGTON, D. C. Telephone Main 5847