Evening Star Newspaper, June 30, 1925, Page 29

FIN MELONS SELL GFF | IN'LOGAL MARKET Unusually Heavy Supplies Are Received—Beef Prices Unchanged Today. Tt is between seasons with Florida and Georgia in the watermelon ma ket, but there has been no decrease in Melons from Florida have atted the market the past two or three weeks, and prices have been what dealers term cheap. Today’s report compiled by the Mar- ket New Service, Bureau of Agri cultural Economics, told of the re- ceipt of heavy supplies of the popular fruit_and quoted $1 as the top price for the choicest melons, 50 cents being the price quoted for small stock. Watermelons weighing from 40 to 50 were quoted at 85 cents b this morning. Dealers say losses are comparatively heavy on the early arrivals of Georgia melons be cause many of them are not fully ripe. Prices of most commodities this morning were substantially the same as those reported yesterd: Today's Wholesale Prices. Butter—Fancy, tub, 51; print; store packed, 28230 . selected, candled, average receipts, 31. Poultr; Alive: lar small, 40; 33; — pring chickens, Leghorns, : keats, 40 12a1 large, 5 turkeys, Dressed mediun 30: duck: g chickens small, 45; 20; geese, 15. Live stock—:; 81zal0; Spring, 161 ; hogs Meats—Beef, 1 lambs, 15; Spring : loins, 31a houlders, 18a20: smoked shoul- 82; smoked ders, 18 Fruit a\lld Vegetable Review. Today's market report on fruits and vegetables (compiled by the Market News Service Bureau of Agricultural Economics) s: Cantaloupes—Supplies lihera mand moderate, market steady fornia, Imperial V: standard , mostly : jumbos, 45s, 5.00a5. . jumbos, 36s, 4.25a4. s, mostly 5.50; ripe stock, 50475 lower: flats, 9s and 1 ft, 1.40a1.50; Honey 3.75a4.50: Mexico, Honey and crates, fair quality, Cucumbers—Supplies mc mand light, market steady: Virginia, Norfolk section, hotbed stock, bushel hampers, fanc 5a2.50; choice, 1.50 al North and South Carolina, bushel hampers, No. 1, 1 1.00. Lettuce—Supplies limited: demand limited, market firm; New York, two-dozen crates Big Boston type, 1.75 82.00, mostly 2.00: Washington, crates + Iceberg type, mostly 7.00 Peach Market Steady. Peaches—Supplies liberal; moderate, market steady: Georgia, 6s, Hileys, small size, 2.25a2.50: medium size, 2.50a3.25, mostly 2.75a3.00; large size, 3.2523.50, bushel baskets, Hile; medium size, 3.00a3.25; North Carolina, 6s, Carmans, large size, poor color, 1.50a2. few good color, 2 6s Early Rose, medium size, 2.00a2.50. Potatoes—Supplies moderate mand moderate, market steady Carolina and Virginia, Norfolk sec- tion, cloth-top, stave barrels, Irish Cobblers, U. S. No. 1, 4.75a5.00. Tomatoes—Supplies moderate; mand moderate, market about stea Mississippi 4s, turning, wrapped, No. 2, 1.50; Tennessee, 4s, turning wrap- ped, No. 1, 1 Florida, 6s. ripes wrapped, fancy count, mostly 4.50: choice count, 3.50; South Carolina, 6s, turning, wrapped, ordinary condition, fancy count. 3.75a4.00; choice, 2.50a 2. demand de Plenty of Green Corn. Watermelons—Supplies heavy: de- mand moderate, market steady; sales direct to retailers, Florida, Tom Watsons, 36-pound average, mostl 1.00: 52-pound average, mostly 90 28-30-pound average, 60 26-pound average, mostly 1.00. Green' corn—Supplies mand good and market good stoc poor stock liberal: de- steady for practically no demand for North Carolina, crates, poor to fair quality, 50al few best. .00 Texas, bushel baskets, quality and condition good, FEWER LOANABLE FUNDS TIGHTEN CALL MONEY Much Capital Sent to London for Investment—Gold Imports Also Factor. By the Associated Press. EW YORK, June 30.—Several sons have been assigned by bank- for the current hardening of call money rates. In addition to the heavy withdrawal of funds for July 1 di dend and interest payments, estimated at a record total of about $438,000,000, the establishment of large credits for foreign countries and dwindling im ports of gold have tended to tighten the money situation. At the same time, it is pointed out, the supply of loanable funds has been reduced by a movement of capital to London to take advantage of higher interest rates there. . A Word to Speculators, 1f you must speculate, select a rep- utable broker who holds membership in a recognized stock exchange. Ex- change requirements, in themselves, are some protection, as its members must comply with business ethics as provided by rules and regulations. I a member violates these rules, he hazards his membership, which 1s usually his greatest asset. —e STEAMSHIPS RUN AT LOSS. NEW YORK, June 30 (®).—A de- ficit of $50.263 for May is reported by the Eastern Steamship Line, and a deficit of $362,994 for the first five months of 19; against a deficit of $351,064 for the same period in 1924. BUTTER LOWER TODAY. CHICAGO, (#).—Butter— v ipts tubs: cream- standards, 40; extra firsts, 37a371%; sec- June 30 27,059 ordman The Good Dinner. Anne Bristol, in the Topeka Capital. It was during housecleaning when my cupboard was almost as bare as Old Mother Hubbard's that company came just before dinner time. They insisted 1 should not “go to any bother—just have what 1 was going to have, anyway.” I complied with their request, except that I opened my last quart of strawberry jam. ‘When we were seated at the table the dinner looked so meager I felt embarrassed and was about to apol- ogize when my a-yearold son, his eves on the jam, spoke up loud and clear: “I'm so glad we got company #0 we.can have a good dinner."” ANCIAL. THE EVENING STAR, WASHINGTON, D. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. NEW YORK, June 30.—The vol- ume of business on the Curb Ex- change fell off decidedly today as the result of the check to the upward movement which followed receipt of the news of the California earth- quake. The call money renewal rate of 5 per cent also served as a check to operations for the ser Corporation’ B stock made its initial appearance, 50,000 shares changing hands at 43%, with an advance of a point and a half later. Radlo shares came in for attention again. Hazel- tine Corporation moved up more than two points. Dubilier Condenser gained a point and fractional advances were recorded in others of the group. Independent oils were devoid of special interest. NEW_YORK, June 30.—Followin Is an official list of bonds and stocks traded in on the N y A on ew York Curb Sales in thowsands P Alied Back ied P A0 Am Gan'& B i JaAmTrow & 22Am P& ey Am Sum Tob 75 T?.’:’ Roit Nt 1 Thread Co 3 Aaconda s BONDS 20 AU G&W 1 Beaverix 7 Beth Steel 7 10: Botany' Cons 8158 2 Can Nat R: 4 i (‘n Serv 16Ci Gse o 3 Detroit Ed 6s. .. 1 Fed Sug 65 Garr. Roht 7. 1 General® Pet 4 Grand reunk 6 2 GUi ol Cory Hood Runver 222 FriE BER 253335333533 P o o d 15 18 Nor S'BN B0 ate 1] 40Kl G & E 5’ 1 Park & Tilford 1Penn P & L 58 5% 6 Phils_Elec Bs. .- 1 & Phil Elec 514 1 Phila Rapid 'Tr 68 0R i 3 Pure Oil Co 63s.. 1013 Schulte RE 1ot bt 10020 Sou Cal Ed Be 26 Stand _G&E a8 07y 063, 500 O 78 . Thyssen 1&StL 7s 1 Tidal Osage 7s 61N 0 of Cal 3¢ S Rub 61,8 Bub 515k Rub G135 < Rub 81,5 Rub 615 Rub 81,5 Rub & Vacuum. Oil 7 4 Mor Bic Denmi 65 085 SR of Pern Bs 2 101 1 Siem & Hal 081, 13 Siem & Hal 5 05 1501 & Co 6s 1035 Swiss Govt Bigs. 1013, wiss Govt be' .. 100 S Toho El Pow C 78 0% Sales in STANDARD OIL units 400 Anglo oil. 10 Buckese P L 100 Chesebrough Mg 000 Cont 01l new 400 Hum 01l & 30 Tlinois P L . . 1000 Imp O of Can nw 170 Indiana P 1, Ta Am 1600 Inter Pet C 150 Magnolia Pet 200 Ohio 01 . 100 Penn Mex ™ Fuel® 1400 Prair 0 & G 430 Prairie. P L .. 10 _olar ‘Refin © 110 South Penn “6il. _10 Southern P L . 57008° 0 Indiana O Ohio’ pfd: . 10 Swan & Fine 1500 e Sales INDEPENDENT OIL "KS in hundreds. D SmorE 101 Am Maracaibo € 1015 8Am Cont OIl Fid 6% 12Are0 Ol ....... 8 14 Carib Synd 18 Cit Serv new. . 2 Cit Serv pid. .. Columbian Synd Creole Synd Crown Cent clid Oil ibson Oil il 0il vte len Rock Oil! 6 Kirby _Pet 23 Lago Pet Co S Washington Stock Exchange ALES. Capital Traction 5s—$: Potomac Electric cons. 10035, $1.000 at 1003 \\nshnu(nn Gas s Washington Rwy. & $5.000 at 102, 9:000 8t 1 opapital Traction Co—8 at 000 at 981, 58—$1.000 5500 a1 1033 & R. at [0 100. 12 at Washington Gfla Light—10 at 611, 20 at 61t 6 at 6 £ \Vnshm(u)n R\«V & Elec. pfd—>5 at 84, 20 at 84. ‘merican falip o et o ational Mortgage & Investment. 50 at 91y, Security & Trust Co.—10 at ptd— AFTER CALL. Capital Traction Co.—8 at 100. Money—Call loans. 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY. American Tel & Telga. ds.. American Tel. & Telga. 4 345 Am. Tel. & Tel. ctl. tr. Bs.. Am. Tel & Tel. conv. 6s. Anacostia & Potomac 5s Ana. & Potomac guar. 5. >, & P. Telephone Bs.. .. . G, & P Telephone of Va. 5s. Capital Traction R. R. 55.. . City & Suburban 5s... . Georgetown Gas 1st be.. Potomac Elec. 16t 58, Potomac Elec Wash, Rwy. & Elec. gen. 6., MISCELLANEOUS. Pot. Joint Stk, Ld. Bk. be Riggs Realty 5s.(long Riges Realty 5s (short) . Southern Bldg. 61as. Wash. Mkt. Cold Stor: Wardman Park Hotel BONDS. PUBLIC UTILITY. Amer. Tel. & Telga. Capital Traction Washington_Gas. Norfolk & Wasl Wash. Rwy. & Elec. com Wash. Rwy. & Elec. pfd . Terminal icab com.. NATIONAL BANK. 101 National Columbi Commer District Farmers Federal American Liberty ..... Lincoln . National Metropoiitan Second Nationa onal Bank of 2! TRUST COM! NY American Security 3 Continental Trus Merchants Bank Ln!mna_:_ ‘lt\lllll nion Trusf Washington Loan & Trust . 402 SAVINGS BANK. Commerce Savings . East Washington Security Sav. & Seventh Street . United States. ‘Washington Mechanics. . FIRE INSURANCE. American . 225 Cnrmran 1 Firemen s National Union ... TITLE INSU Columbia Title . Real Estate .. 5 MISCELLANEOUS. Paper_pfd . ants' Trans. & Storage Tinotype Tnvost, pfd Mercenthater Dn DS Marker, wony it Duttch Maricer “pid: Dansion Monotyye Security Stor: Yashinsion ‘ellow VB o div. ari 14 Mount_Prod Y oil Beer Ol Corp. 4 Pennock Oil Cor 13 Reiter. Foster Oil s ) RIS R et e L 1 Wilcox O&G new INDUSTRIALS. 4 Adirond Pow 2 3 Allled Pk pr ot 58 1 Amal Leather .. Am6 L Drd; o0kt GAm Hawaur'Ss 10 4Am L'& Trac. . 1881 19 Am Pow & L nw 1 Am Pow & L ptd Rayon Prod an Siomow 2 Am Superpow pf 1Ariz Pow & Lt 31Arm & C B_vi 18 Asso_Gas' & Elec 840 Fruit e 1 Adas P _C new 5 Bowsson G €. 2 Botany Cons M A B Schwartz € A Mach 200320 o 358353033 CGA 1 wi Dight 1% Carolina P& x,;nu 'y Celluteld Co' - . 3 S 23 Chatterton & 1Chic Nip A.... 2 Chic Nip B 'tr 1 Chrssler Mot Cor 1 1 Cleveland Auto.. 51, Com Power Corp 1 23 Com Pow C n wi S Cont Baking pf.. ‘uba Co. ... Curtiss Aero Mot Curtiss Assets C 45 De Forest Ra v Durant El Bond & Sh ‘otd m; B El B&Sh new c Invest In Auto_Lite Ford Mot Co. Fox Pic : Frank HH Mfg ¢ 6 Freed-Eise R C. reshman. Chas ab Snub A wi. arod. Corp. en Gas & Elec. fon G & E pf Gen G & E pf 7 Gen Quidoor A en Outd Ad’ vi 8 Gierte 'S 2 Glen Alden Co: 0 Goodsear Tire Grennan Bakine S HE piness Can 3 Happineas Can 14 Hazeltine Corp 2 Horn & Hardart . T Hunt Bros A wi 23 Int' Cont'l’ Rub. . $Int Coner Ind.. 41nt Match pf. 9Intn Util B.. 15 Jones Radio, 1 Kelvinator ¢ . Uil 1 W Ll prin 108 iller Rub.... e ot Pict C: 18 Music] Naster o S A + Penn W Pow Col Pow Corp of N Y S prat & Lamb © rophyiac " Brusl 1 purhy B A hi ! 18 Reo Motor oo 2 Rosend, Gr € "pi 20 Rova Radio 1Silica GP o vt 1 Singer Mtx" Lid 3 Sert E) Corp A een “Rad ream Fa N e Pieier B SR et PR =i ot S St Rex, Pan Stand Pub € A Stutz Mot Swift Intl . ' Switt & co. Thermoid Rad € 1 Thomp R C vie Timken _Axle 2 Tower 2 ot PEEPEFT =3 [ FPETES oax SF caz PEmaSn3oo0s35m Sz IS5 EEE v e 23 000 n3Y s3mmz FEF P 20 Ariz_Globe_Cop. 10 Biitte "€ Wwest: anario Copper % Chino Ext Mines 10 Corter_Siiver. SEne G M Lid T 30 First Thot G M .40 10 Flor Goldfd M. . 10 Forty ‘Nine M 10 GoldAid_ Cons 6 Hecla Mine. - 100 Kay "Copper Cor- ay Copper Cor. 3 Mason, Val .. o P B oS0t Qhio Cop. : Parm, Por 3 L4d 3 Premier Gold Tono Belmont 3 Tono Extens . 2008 Contl 1 1 L U Unity_Gold Walker Min Wenden Cop 10 West End Ext SHORELTEBM SECURITIES. (Quotations furnished by Redmond & Co.) —C] ] Ra Adiron. P. & Lt. Co. Al co. of Amer can” Su Ammer o1 8 %1 25 1035 Anaconda Copper 6s 1026 Associated Ofl s 1035 - . 8 PR R3¢ 5550555050, 220! Du Pont 73%s 1 Federal Eederate Goodyear T. Great_Northern_7s Gulf Oil Co. of Pa, 5%, Hock. Val. R. s .._.........._;-_.' b ke pabi e FRFSERSERERE PRRE EF REE 33320322328333233352 5595555555555 Pare oil Bl August: 1925. Swift & Co. 58 5" Tidewater Oil Yk 16 Union Pac. R. R. Co. nign Thek Car 7s mao S. Rubber Westers_Dnton, 6 Westinghouse E. et o 5005000550095, R RRS2833333R2R33533833382R22822 EOREE REEPPESRETE PEFNRNRE O F e 11 * Te Tosi 168% ANACONDA COPPER CO. MAKES FINE SHOWING NEW YORK, June 30 (#).—Earn- ings of the Anaconda Copper Mining Co. for the first half of 1926 are un- derstood to have exceeded $7,00,000, including dividends from subsidiaries and after bond interest, taxes and all other charges. This is more than the company earned in the full year of 1924 and covers 80 per cent of its dividend requirements for 1925, FOREIGN WOOLS ADVANCE. BOSTON, -June 30 (Special).—The advance in prices for domestic wools influenced the quotations for foreign wools today, with Australian 64-70s selling at $1.20 clean in bond, with dealers in some instances willing to raise offers to $1.25. Montevideo 56s changed hands at 46 in the grease. Fine domestic wools are in better de- mand than the medium and low grade —_— FISCAL YEAR END C., Lumber Is Ready For Rebmldm TUESDAY, JUNE 30, 1925. JULY WILL SMASH "WITH GOOD GANS| 07 uine | NTEREST REGORDS Business Spotty, However, in Many Lines—Outlook Con- sidered Bright. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, June 30.—The fiscal year ended today on a volume of business for the country which in the main was thoroughly satisfactory and which gave adequate guarantees for continuation of prosperity. That does not mean that satisfactory profits ac- crued to all sections, to all lines of commerce and industry, or to all con- cerns engaged in the successful lines. There was no boom. Neither was that inflation in evidence which is the sure forerunner of depression. Some High Spots Noted. These facts are amply substantiated by the known volume of foreign trade, by bank clearings, indicating daily sales volume; bank deposits, which in many centers show marked increases, and the number and total amount of savings deposits, which have increased daily. Production figures for various industries show output has been high. Employment has been steady and at high wa hor disputes have been comparatively few, and the amount of money available for in- vestment at reasonable interest rates has been remarkable. U. S. in Fine Financial Shape. From the point of view of business, the Government wound up its finan cia ar in splendid position. The volume of foreign trade was heavy. In not one of the last six months have both exports and imports falled to exceed those of the corresponding months of 1924, and the balance of trade has been heavily in favor of the United States. The volume of foreign business now s comparing favorably with pre-war years, accord- Ing_to some exporters. Not the slightest difficulty has companied Treasury financing opera tions and liberty bonds wound up the vear with some issues which six vears g0 were nearly 20 points below par around their high points for all time Finally the Treasury has a surplus around $250.000.000 and that a $400,- 000,000 cut in taxes is deemed prac ticable. Private Business Spotty. But business for private concerns has been spotty. There has heen a great amount of dissatisfaction ex- pressed as to conditions. A certain number of men in all lines of endeavor have had only one question on their lips: “What is the matter with busi ness This very fact has caused a hesitancy and uncertainty which in itself has adversely affected trade. There is nothing the matter with business. Leaders in the basic indus- tries, heads of great financial institu- tions and great merchants have tes tified to that effect. The trouble has been in the way certain concerns did business. Business has undergone tre- mendous economic changes in the last year. It has gone through a period of transition. The year has been one of remarkable readjustments and fundamental alterations. Failure to recognize and understand the trends of modern industry and to take ad- vantage of them has meant the diffe; ence between profit and loss to man; organizations and individuals. Gains Outnumber Losses. A Dbetter understanding now is| manifesting itself, but the failure of | some business men to recognize these facts earlier does not indicate that business in general was unprosperous. Despite some poor showings. reliable reports and statistics from the entire country show that the leading lines of endeavor in which business has been good or fair far outnumber those in which it has been bad. Among the lines which showed good returns may be numbered auto- mobiles, automobile accessories and tires, cement, chemicals, advertising, | electrical equipment, electric power, | light and gas, farm equipment, office and business equipment, railroads, silk, tobacco products, insurance, real estate, building construction, building materials, road construction, beet sugar production. mechanical rubber goods and lead. Lines Giving Fair Returns. Included among those in which business has been fair are anthracite coal, fertilizers, iron and steel, leather, machinery, paper, packing house products, live stock, radio sup- plies, shoes and wool. Cotton, tex- tiles, copper, soft coal, machine tool railroad equipment, ofl and street rail- ways have found business bad, al- though some of these are now show- ing some betterment. It is still too early to rate the 1925 crops accurately, but the most unfav- orable factor at present is the small prospective yield of wheat, which may be overcome by high prices which would _compensate for the short crop. If business men adapt themselves to the changes in the busi- ness world, there is nothing in the present situation which would pre- vent a continuation of reasonable and healthy prosperity for some time to come. (Copyright, TIRE AND INPJER TUBE PRICES ARE RAISED NEW YORK, June 30 ().—Tire prices have been advanced 10 to 15 per cent and inner tubes 30 to 35 per cent by the Goodyear Tire and Rub- ber Co. and the United States Rub- ber Co. B. & 0. PAYS $456,885 FOR PENSIONS IN YEAR According to the annual report of the Baltimore and Ohio Railroad, the number of pensioners at the end of 1924 was 1,290, a net increase of 16 for the year. Pension payments for 1924 amounted to $456,885, an increase of $21,382 over the pevious year. Since the inauguration of the pen- sion feature in October, 1884, the com- pany has paid $5,930,491 in pensions to superannuated employes. 55 RAILROADS REPORT GAIN IN MAY EARNINGS NEW YORK, June 30 (#).—Aggre- gate net operating income of the first 55 railroads to report May earnings gained 21.1 per cent over May last year, the total of $58,553,000 compar- ing with $48,363,000 a year ago. These roads had net of $50,723,000 in April this year. Gross revenues were $388,- 821,000, against $439,714,000 in May, 1924, a decrease of 11.7 per cent, and $360,600,000 in April, 1925. SEAT BRINGS $12,500. NEW YORK, June 30 (#).—A record price of $12,500 for membership in the New York Coffee and Sugar Exchange was paid today by J. S. Walter Lem- kau for the seat of H. B. Hutchinson. LIVE POULTRY LOWER. CHICAGO, June 30 (#).—Poultry, alive, lower; fowls, 21a24; broilers, 18a 34; roosters, 14; turkeys, 20; ducks, 18 1925.) Special Dispatch to The Star. SAN FRANCISCO, June 30.— Building material producers and dealers on the Pacific coast already are making preparation to supply commodities for the rebuilding of Santa Barbara. Considerable re- lef is felt throughout the State over the fact that oil wells and pipe lines were not materially damaged. It is likely that lumber will be the first commodity to feel the pressure of demand, but supplies along the Pacific coast are such that requirements can readily be met. COTTON QUOTATIUNS ARE RATHER WEAK Disposition Toward Taking of Profits—More Private Re- ports Announced. By the Associated Press. NEW YORK, June 30.—The cotton market rather unsettled at the start today, recent buyers showing a disposition 1o take profit in advance of the Government crop report, ex pected on Thursday. The opening was steady vance of 3 points on July, erally 3 to 6 points lowe at an ad but gen . and active months sold 10 to 15 points below yes- | terday’s closing trading. Two more private tssued with condition fi from 89 : p indications from 12,604,000 up to 13,700,000 bales New York cotton futures closed nel Unchanged 107 nomirugoued stesds at July o B Qetober "\ Decomber January March New Orleans cotton futures closed steady at'net 5 points un to 15 points down High Range. 2350 figures in the early crop reports gures ranging Low July October December January March ing bid: Octon July By ry. 4363 bid docte fatn dis QUICK LOANS HOME OWNERS $150 to $5,000 on 1st, 2nd and 3rd Trusts In Three Days RICT TOAN PROCURE 4 Kellogg Bidg.. 1322 F Open Evenings = to 9. 506500656000065 WANTED! SECOND TRUST NOTES Funds available for the pur- chase of all kinde of second (st Rotes, aectired on' D C: of nearhy real estate. Prompt action in very s Washington Investment and Transactions Co. 715 14th St. N.W. Main FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President A London ohom\ & now claims that in women Is as s rheun 4| -‘30000000“00 000000060000 FlRST MORTGAGES FOR SALE Denominations of $250, $500, $750, $1,000 and Upwards 612% Loans Made on Property n the District of Columbia JAMES F. SHEA 643 Louisiana Ave. N.W. An Located STOP—TH[NK—ACT Don't wati until it ie too late_to protect yourself against logs. To- morrow may be too_ late. We are in a position to cover you against_loss from any source what- ever—Fire, Burglary. Accident, Tor. nado. Automobile Accidents and even death Phone us today and our repre- sentative will call and quote rates and explain our contract. Old relia- ble companies. and prompt ment of claims. N. L. Sansbury Co., Inc. Insurance Department Phone M. 5904 1418 Eye Street N.W. Public Service Corponhon of New Jersey Dividend No. 72 on Common Stock Dividend No. 26 on 8% Cumulative Preforred Stock Dividend No. 10 on 7% Cumulative Preferred Stock settle- B e ey ke deiarad arosionls tion of New Jersey v at the rate of 8' J r annum on the 8% Cumu- Belve Breiered Eock, being $1.00 per share: at the rate of 79, per annim on the 7% Cumul, Preferred Scock, being 317 per share; and 313 are on ihe. non-per velue Common Stock the quarter ending June 30, 1925 Dividends are payable June jo, 1935, 1o stockholders of Jame 5. 1035 E Dividends and Payments To- tal $437,900,000—U. S. to Dishurse $9,000,000. By the Associated Press. NEW YORK, June 30.—The Journal of Commerce says today that divi- dend and interest payments in July will reach a record total of $437.900.- 000. This compares with $400,050,000 in the same period a year ago. Stock- holders will recelve in the aggregate the sum of $115,200,000, as against $107,750,000 in 1924. Aside from the fact that numerous companies will make initial payments, the returns indicate that a number of corporations either have resumed or increased dividends as a result of the improvement in virtually all lines of business or industry, as compared with last year. These figures include dividends to be paid by approximately 520 railroad, public_utilit Money to Loan Secured by first deed of trust on real estate. Prevailing interest and commission, Joseph 420 Wash. L. & Trust Bldx.. 9th & F N.W. HOME OWNERS Can Secure LOANS Up to $500 In THREE DAYS Fidelity Guaranty Co. BU ||.nw Just Real Good Investments CAFRITZ 6% First Mortgage Notes We take care of all minor details and suarantes payment of interest and princi- val. " Write for’ booklet. - AFRITZ COMPANY 14th &K Main 9080 We have available for distribution a simplified analysis of the Plan for Re- organization of the Chicago, Milwau- wee and St. Paul Railway Compan Call or write for a copy The National City Company ‘Washington—741 15th St., N.W. Telephone—Main 3136 Mortgage Investment HANNON Dept. T'S so unneces- sary when you can procure good First Mortgage Notes bearing BOSS b 615 % interest and fully secured by twice their value in choice Northwest residential property. No charge for our services in collect- ing your interest and similar details! b PHELPS HOME OF HOMES 1417 K STREET MAIN 9300 FINANCIAL. IMPORTS SHOW DECLINE. BALTIMORE, June 30 (Special). Imports through the port of Balti- more last week decreased $1,499,382 as compared with the previous week while exports increased $733,797, ac. cording to_the weekly report of Charles H. Holtzman collector of cus | toms. I REAL ESTATE LOANS 537 AR RESIDENCE LOANS AT LOW RATES FRED T. NESBIT INVESTMENT BLDG. Main 9392 == Follow the Example == F the thousands of Washington in- vestors who, during the past twen- ty-five years have contributed over a hundred million of dollars 10 the giant achievements of the Wardman organization. Not one of them but received interest and principal promptly when due—to will you. if you invest today in Wardman 6%% First Mortgage Notes $100 to $100,000 WA MAN Constructio' e pany 430 K Street i Main 3530 “We House One-Tenth of Washington's Population ’ | s | TR e s T2 > 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 Houses 1 X Apartments Business Properties Office Buildings Sa% ON APPROVED SECURITY Apply RANDALL H. HAGNER & COMPANY MORTGAGE LoaAN GORRESPONDENT Many great fortunes were started on an initial investment of less than $250. We welcome any one who Over a wishes to invest $250 or more $250 will Quarter with absolute safety. 218 buy one of Century Without OUR FIRST MORTGAGES a Loss vielding 614 B. F. SAUL CO. Main 2100 925 15th St. N.W. Conservatlve nghtful Bankmg by Successful Bankers In Sharing Profits With Savings Depositors New England Mutual Savings Bank with Millions on Deposit The Society of Savings, Cleveland, Deposits Over...................$ 69,000,000 Baltimore Savings Bank, Deposits Over................... Brotherhood of Locomotive Engineers, All Are Co-operative and Pay Savings Depositors 68,000,000 100,000,000 4 % We Shall Pay 4% On Savings Through Profit Sharing We Offer— 61%% First Trust Notes Netting Buyers Money to Loan on Real Estate Safe Deposit Boxes, $2.50 up Life Insurance Sold on Saving Plan, Other Insurance Written Home Metal Banks for Home Use Management Conservative, Experienced and Successful Central Savings Bank 710 14th Street N.W. FRANCIS M. SAVAGE, President.