Evening Star Newspaper, July 26, 1925, Page 77

> 3 = 5 e NCIAE THE SUNDAY STAR., WASHINGTON, D. €. JULY 26, 1925—PART 6 / | BOND SUMMARY FOR THE WEEK | i nks Li i : . ittle Financin | RAILROAD BONDS - Washington Banks Prosper; | RIS NEW EFFORTS P | i Hie Lw . 5. BONDS. High Low. last. Tiew. ti t Needed in August 14th & K 2 10129 100-19 Liberty 3368 1932-47. ... 100-27 10027 336 S k S ‘ ;8}&0 101-14 Liberty 1st 4 s 1932- 102-14 102413 3 85 ee L reater eturns TO Pa Off Notes t 1-19 100-20 Liberty 2 43¢s 1937-42.. 101 100-31 3 R4 : Yy s {g;—; }3:-;0 tlbcny 3d 4348 1928 101-20 1016 lgé:‘xg 211 By the Associated Press \Offers a Limited Number of - -20 Liberty 4th 43 1933-35.. 102-20 1022 102-1( . NEW YORK, July 25— Little 10708 W8 10610 104013 Freamirs' einssirse. . loeis 106 w12 37| Render Much Costly Service on Small Fhsdieg i o Tl i R e Bive waats . pay off bonds and notes maturing Passenger Traffic Drop Held| s6 %o e e FoRE Choms I e T N ficer’ . Agricul fficials Would| in Ausust. the total falling dus 0 ' g B 1K 1000 1ot 130 ATESRUna ox A 7957, gen otw et veu ccounts—1rust tcer’s Big Job. |Agriculture Officials Would| b0c"5es i ‘atoovioon. com: : ) Argentina 7s 1 . 103 1084 102% 103 4 with f 169,000,000 98 85% 100 ! ; i pared with more than $189,000, - Im Foreign Loans {.*_ ¢ 93'% Austria s f 7s 194; . 99% 9815 99 . . . Unimee 2 B y . F M N portant g T e it N Beium ea Jast. Bl Lt S el Bus Line Shares Being Picked Up. Grow Liberal Supplies | in suy ana szesez020in ausust | First Mortgage Notes " 5% Belglum 7%8 1945 108% Dy . o 2 Still Popular. lg? g;;l“ 1084 106% gflxlumhl“l 107% 1014 107% —_— Under American Flag. D e ,'zh'("; ’,5;;:,’,;5?9"7[”,::22 —secured on brick dwellings ordeaux 6s 1934. . 83% 83l & s for & i 1 . E S, 9% 91 83K 95 Brazit8s 1941 91 984 BY I A. FLEMING One millionaire In Washington some | _ . year @ per cent bonds, the larmest |occupied ‘by owners These . s 7. HUGUE 1044 991 104% 101% Canada 53 1952 1024 | few years ago passed along to his FAX e e et mentn 1 BY GEORGE T. HUGE 104% 100% 10315 102 Canada 54s 199 Because the bankers of this city have | pojeg 0:000 In caah and available BY HARDEN COLFAX. has been provided for. investments are unusually at, Epecial Dispatch to The Star. 10415 10214 103% 102 Chile 85 192, . .. . been giving considerable attention 10| secyrities—nearly all in cash. He| Soaring prices of rubber, controlled e — tractive especially to the real NEW YORK. Juls After sag | 109% 101 109% 108% Chtle 8s 1941 | hon-paving accounts, it does not mean | made a lot of real relatives happy;|by a British monopoly, have stirred b 2 sing all the week the bond market {108 101 1091 106 CRIlG on 1oes o ) that they are not making money, ON|he gave some of those who did rmot |the United States Government to re- conservative investor. steadied at the close. The keen edge | 47% 39 48y Chinese Govt Ry s 1951 5 the contrary, most of the local insti-| outlive him the necessaries for com- |doubled effort to promote rubber pro e = of the investment demand has been! 964 875 100 Cortaae vt ¢ [tutlens - are paylng- satisfactory divk | fortable old age, And thon o, too. ok | o e A ae. The fulled, but there has been little liqui- | 101% 85" 1oy i Czechoslovakia 8s 1951 5 dends to their shareholders and at the | gathered to his fathers. happier for | Department of Agriculture is actively dation so far 101% 93y 105 Denmark 65 1942 ' |same time accumulating sizable sur-| his gifts. long enough thereafter to |follewing a promising vein of resarch Selling of securities by the banks|1l11% 107 111 Denmark s 194 Dluses make them tax free, e dtat whih ft Iy hoped Iv'uH:n{e‘p..lm;‘xllr-‘l\\}\(m” i i ssiN0S :g;: 2522 }gg“ Dutch Bant Indles 6 1947, “0’:"1‘::5”::. 3‘.‘“,‘?;‘.&:":3,‘,‘3’42"(‘hi,"?é-Z.”n Picking Up Bus Shares, may load %o the geedust Introduction nand for on business ace 9% 9 1 ving C g - - b owing in the southern- has been well absorbed, and the mar- |105 895 10034 g:;:h%;(vxh;d;;“;sfll‘s“ [bunks, suspension being considered [ _Some one in this city or elsewhere | 01, SUDUSE RO (0 O8O ket for new issues of desirable quality [ 100 921 104y Wrenoh Gortts Ik .. needful during housecleaning, after | 13 quletly picking up the 'bus shar Other plants than the generally ts reasonably good, bt there s prac | — = g s oy LANIwE, which dividends will probably’be re. | ok ot ;";k“;“;;‘:'r‘{::: Raptd Tran | known rubber plant yield gum that | ically no speculative buying. for the g9 g e oo as sumed. They do say that the work | ! o., nes in " 4 v e o iice. 2o " oally o Spkitive b A e Holluad Americdn § {61947, {155t about neary “mopped up. to | this ¢ily, and wax recently granted 5103 promise of being mafe rersioe | Dean, Onativia Audit Nearly,| and new honds are being carried on| 93 88 65 90 Japanese 8%s 1064 . . 3 {auote an” Army expression. franchise rights to Atlantic City and [RS8 "PReT ARG €181 (O GEE il Mehlman & Company o T R e e Banks are not elemosinary Institu- | New York. The bus lines are not|gpper tself can be grown in Florida. | Done, Locat Traders Are | Brokers i Mones s 915~ 7 anie - gow T L 5 tions. They are not in business for | Making very much profit as vet, but | s'upet MR KER B8 SEUR (B 0 G | < g Money Seen. 91" 7o 85 80 Maelllseaisee 2 | the health of the personnel. Share-|every dollar in gross taken is a dol- | of rubber trees on his plantation, but Inf d i International Bldg. The general expectation is for a|105% 89% 108 109% Netherieadetei9id g {holders did not put up their millions | lar that otherwise would go to a{gy yet its cost is too great to bring it ntormed. ( hardening of money rates as the sea- | 113% 109% 11314 110t Normay 881940, . " 3 | for the love of the business. street car company. Moreover. they ijni; syccessful competition with Brit i 1319 F Street Northwest son progresses with some lower level | 84 65 804 4 Paris-Lyons-Med i | Banks, although perhaps more gen-|are fighting for rights of way When- | idh rubber. 1 Ph Main 8843 for investment securities. The theory | 104 99y 1061 Queensland 6s 194 | erous in their service to the Govern- | ever the interests clash, as shown in 5 - : Sought Dean, Onativia & Company have || e ' on which this belie founded, how- | 110% 104y 5 el heir - | the de luxe bus fight for a line from New Supply Is Sought. 3 S savel e L 112% Queensland 7s 1941. .. ment and their patrons than some |tk ] & L informed local customers that their || Hfior._\n(zxd;&x:‘? support in the Federal ‘SQK 8T% 974 Rio de Janeiro 8s 1946 | mercantile concerns, have but one real | Chevy ;{:flbe» " While the Government is gOINE|hookkeeping and clerical departments | = orv k returns. Indeed, the |103 ' 94 104 Sao Paulo, State of, 88 1936. . aim, after all—the interest of the| The Rapid Transit Co. has but a|ahead with hopes and plans for mak At it ety QUICK LOANS weekly statement published Friday | 97% 73% 91 g2% Seine, Dept of. 78 ... .. . stockholders as represented by divi-|small capital, which, of course, may |ing American motorists and other rub 1o SRS B (CEEIE SRS PERACT made a showing entirely unexpected | 90% 631 90 84% Serbe Crores Sloverncs 851563, - 1. dends paid and advance in the value|be enlarged, but at this time is but|ber users less dependent upon the for- | oy S CUGRET FRET B T 8 SHEEE To in that the reserve ratio both for the [ 106K 101% 1054 103 Sweden os 1535 ok of shares as business increases. Bank | $216.120. eign-grown commodity, individual rub-{ g2 o' J¥ystem as a whole and for the New | —— —— 105% 1004 Hwliss 5ls 194 shares have been real money-makers| The price being paid for the stock | ber manufacturers, Ford among theni “The company appreciated your York bank was up from the previous | 117% 106% 118% 1151 Onited Kingdom % of late. by those who are picking it up Is sald | are looking to Liberfa and Halti a8 po-| o ieney very much and trusts that ;;\P“::\ @ point for the former, and al-| 107 98% 1077 104% Tnited Kingdom 5%s 1937. What the bankers seek through the | to be $18.70 a share, which would give | tential sources of rubber supply for | qer ™ (he “very unusual cireum $150 to 35,000 on ost two points for the latter. R e e z appointment of the various deposit ac- | holders a handsome profit, and the |the American market. Harvey Fire- | (PAR 00 - T, RACEIRE O ist, 2nd 2ot the same time the outstanding | 101 A e oA 1031 108% | count committees, their findings and [ buyer could Keep the franchise by [stone at the present time is nursing | GRG0 SO0 PO 08 ST WS & S - Ix:. circulation fell to the lowest of | 97% Amer Smelt & Ref 1st 55 1947. . 98 9Ris 08l | Subsequent possible action, is to make | keeping the busses going. lan abandoned rubber plantation In i, Coe (et T naqunt, " said a letter LS LL LA L the vear. It was impossible to read | 108 e 1079, 1075 109% | @ Profit from all accounts and not to| For the first half of the year the|Liberia and considering the advisa |00 g fOUT CCROLTN DISTRICT TOIN PROCUREMENT (0. e e 2oy sign of higher 102% Amer Sugar Refining 68 1937. 102vs 1021¢ 103 | have a little over half of the accounts | Rapid Transit Co. earned but $41,724. | bility of planting rubber trees of @| The “good will displayed by all of | _Open Evenings 7 to 9. Tel. Main 1438. TioneY; uod. sccortingly, there wua [ o VR e, paying nearly all the profit while the 1000 000.abre concension granted Bin | e stommers.” the. company *said, | o otations. Amer Tel & Tel ol tr 55 1946 institutions are losing money on pa v the an gove an. | has been unprecedented in the his’ Rail Rates Get Attention. 99% Anaconda Copper 6s 1953 of the accounts. Rubber grows in Liberia. The plan-i, ..o \wo ) Siraet.” . y 3 953... i . Mr. Firestone |07 Developments in the railway situa- “;‘,“' :nnwnd;gop‘p;r (]“ésd’eb 78'38... lgg lg('.;‘ lg;\h lg;‘ Bauks Keep Books. '::: r;»l.‘::‘:«;‘ Afr:;\rlmyl’lyy ..l,r Britieh in- Customers Make Loans | tion have t e ore rmour & Co 4%s v 4 % LE & B 5 : g e - | tion have been given more attention | gam Atlantic Refining deb 55 1937 9% 100 9% 100 |, BABUS are bhookhespars for very terests who failed to maintain thei'( Tarmg of the agreement under | he two major problems | 101% Atthatic Reghing dib o 0 | many of their customers. One of the Ty el obllastang with The TAREral nigt piao o eaions JURCOE are the fate of the umm\-.ui{’n of the | 913 Bethlehom Steel pm 68 19 D o wrmpeent MURL (P OB ok | e eln ot (he rekenae i fand erstate Commerce Commission for | 100 : provides for the maintenance of a e . It repeite Toi| 05 the, : i higher rates in the Northwest with | 112 Battilshéi laals fiea1ols. window _for their especial benefit o einala souToal KES | e e e et T omn the St. Paul reorganization is | 90 e where they may obtain information B merican manufaturer i) dadani 3 - i Invelred anntis o Cons Coal (Md) 18 ref 53 1950.. .. carrect, the American T by the customers to the company at | Iiaion:an thie oro e e ool 1oy 4 Cuba Cane Sug cv Aeb 85 1930. ... asito thelr balances in the bank at Ay nave as many millions of acres [ per cent for two vears, with prom: [ Secured by Kt Roposed Nickek Riate et Detroit Edison ref os 1940. . s MR ;‘,‘:fl:fi} CR Pt T in Liberia for growing rubber as helice of a 10 per cent bonus to be paid I d EBIIY. or swiongly: i, Du Pont de Nem 73%s 1931. 83 : i wishes. the customer after the expiration of mprove community looks tg the. Secraniing | g8k Empire Fuel & Gas 7148 1937. e e Several New High Marks Work in Haiti Pushed. the second year and at any time P i 1his onie case ax establishing 4 prece. | 103 CEnss)EIot oo seani. | window to be balanced and returned Made—Pan-American While the Liberian experiment s |during the third vear, = ||l Real Estate dent. Some disappointment is ex-|110% : : to the depositor. G- < gathering impetus, surveying and ex ners. s 3 A pressed over the slow progress being | 120% Goodyear Tire 85 1931 But banks do more than this. Stand 3 perimental p are reported to be|it was said at the local ofice of the |l In Washington Hiads i e Goodyear Tire 8s1941.. ... 4 ¢ 5 T et as. |company, loaned 50 par cent of their | y 5 and the wide | 10034 Bumale Ol & n ot Ve 1033 ing at the window of one of the larger 0il Shares Heavy. working in Haiti with a view to es- [(OMPADY. OER00 fcope of the inquiry, which seems to|108% 99% 104's 101% Indiana Steel 551953 natichal DRNKE qiite’ Tecently ane iphlishing. it practicable, & new Source Special Fu P d |t Worth Double \\m-fi“‘”; bevond the question of| 90 791 913 84% Inter Mer Marina 6s 1941 might have heard, first the question lur rubber supply in that fertile little Special Funds Planned. her or not the consolidation is| 88% 821 94 I : as to balance, and then island. Under the agreement, effective in in the public interes 106% 6% 103 oo }:;fi;?;vfi;::lfi;xflinx “Please ask 'the bookkeeper If check | BY, the Atsociated Prem. =~ : Prices have increased fully 40 per|New York and Washingten, the com- | The Amount Investors to Be Heard. 94% 88 94% 89% Lackawanna Steol bs 1950 drawn by my firm for $86 vesterday m;mm":f“:"fi'r‘:““ 25—Stock prices | on it is estimated, since the first |pany will put aside every three Ofihe L 3 1000 $8% 102 ° 9T Liumett & Boune ta 1051 has_been paid? ) oday, of the year because of the Britiah |months 50 per cent of its net profit e Loan— AS to the application for higher|{101% 97K 102 99 Manat) Sugar st Tss 1942 “No," was the answer. | though burdened by the weight of the | ) nop0ly, and the time is rapidly 4p-|as a sinking fund toward retirement Tates, a new party will be heard this| 91 8% 93% 874 Midvale Steel 551936, .. ... “How about one for §$36, 20877 | customary week end realizing sales| ., hing. in the view of Washington [of the notes. Interest Rates time when the side of the security|101% 975 102 99 New England Tel s 192, Again the answer was '“No and heavy liquidations of a few in-| moi.js when American consumers| The committee of the New York | gwners is presented. Hitherto it has|114% 109% 115% 112 New York Edison 1at 635 i Came the senseless one: “Then |dividual issues. Forward movements| .g ' he relieved of the unjustified {Stock Exchange on the question of Toda}' 64 Per Cent been the shippers versus the railroad | 1024 984 104% 100% N Y Gas EL H & P 85 1948 neither is provided for in the balance | Proceeded in many sections of the llst, | ,roft exacted by the foreign produc-|readmitting the firm to the exchange z management in rate hearings. Now | 97% 93% 99 951 New York Tel 43%s 1939 as you gave me?’ under the vigorous leadership of the| .. ™" The practicable way, it is be-|is expected to make its report shortly. D. inati § :Ke owners of railroad bonds propose | 107% 104 = 108% 106% New Fork Toi soiper. .. $ | motor shares. many of which made|jeved, is to begin the cultivation of sl SR enominations o that consideration be allowed their| 99 % h 7% 2 7 an impressive showing. bb lant i ch sections of | claims. Tn fact, the dispute over the| 85 0% 33 o1t Deobcimorican Edlson g 1252, Sempicy Broves Gias(ly; A5 Tin Eerant matkst woesions) (e | 12 SUEBSE RN injsuck secti WHEAT CROP DOUBLED. $100 to $5,000— St. Paul reorganization hinges on this| 94 90% 100% 921 Pach G Eolak } This makes added wark for the|slight recessions which prevailed at | SOFIA, July ). —Bulgaria’s 5 point. Plisk Gk 206 10 paaieTe & Ta AL, { clerk downstairs and the bookkeeper | the close did not give an accurate pic- Would Adopt Sugar Plan. Lot i e s il s | N Rartial Payments Meanwhile the discussion as to the | —— Pl ey B g upstairs, and when repeated every day | ture of trading conditions. Through-| That this may be done is proved | FHEI S PR Vo0 5000 600 bushels, 2 = ultimate effect of motor car and motor | 97 84% 954 88 Sinclair Ol 781937 In the week It Is safe to sav that the jout most of the twohour period ag- |y the American sugar industry, AgTi iorging to present crop estimates. ([l Received— truck competition with the railroads | 107 101% 120% 107 Skelly 6s 1927, ... ... . .. e e, gressive buying operations lifted alcuiture Department officials assert.|rpi i< gouble last vear's harvest and | goes briskly on. Ome thing is plain | 105 100% 106 102 South Porto Rico Sugar 7s 1841 .. otne may readily imagine the slze|dozen representative industrials to1In that case. thanks to & growing sub- | crceeds previous bumper crops of Passenger traffic is falling off. In the| 98% 93 991 93% Unton Bag & Paper 6s D. %o be watched lke that CUnt that hasnew high levely. although many of |ply of American-grown sugar, the|jags and 1911. It is estimated 33.000, first four months of 1925 there was|101 100% 104 1004 United Drug 6s 1944. o ThEt ARDBIEOE ST OiHERe of Bt HIk b the gains were reduced or canceled | consumer. in the United States is grad- ! g5 hushels of wheat will be available Mortgage Investment Dept. decredse of mora than 25000000 | 7% T84 90 83 USRubberists rel iy, unpst depositar and oihssy of his A1k [ the squtine lightening of commit- | ually becoming less dependent on for- | for_export n the number of passengers carried |106% 99 108 104% US Rubber 71481930 : s o PATe ments for over the week en: eign supply. Cuban sugar still domi- | =2 by class 1 rallroads under the total | 105% 1024 106% 104% U S Steels?bs1963...... 5 gending g checlk through the cleating tes the American market, but un-| = carried during the same period the| 94 §7% 8% 91 Utah Power & Light 65 1544, 5 96 8 e Tl “'““‘"km”k:. :‘"""‘ lder a protective tariff the domestic | Whin Ve HacoFaad i SHAN ON E LUCHS rev! - sy 2 g E? b4 iy D 3 0l 2. 101 Motor stocks, which, as oup, | 4 4 M i s oward | - Tour montha are 310areo0 i hess| ToN 57 8%s- 44 Va-Careline Chem ke st war. 5 Son 3T 99 | throueh their knowiedge | had “been” lagging during the “week, | MIUSEY I8 making BUOSS ¢ ugar em oy Fave undste, B S U | 105% 107 112" 100w Western Unlon Tel 6k 1930, 151 131" 11 110" | , Sometimes they are brought up with | were 'Salvanised Into actvity When | ‘oas Gencngent on the Toreién, product Invest, Consult WELCH, It 713 and 715 14th St. N.W. e P 99 79% 99% 91% Wilson & Co 1st 68 1941. 99y 987 99 |2 “'“'};" Bl oy 8 “"";‘}1"1 cashier | the appearance of strong buying sup- | T}, “{he case of rubber, American | Loan Spethfist 'assenger Revenues Drop. 100 6% 17 53% Wilson & Co cv T%s 1931, N% % 11w put wise to the methods of the de-| port for General Motors caused a rush consumers, it is pointed out, are! Main 2345 The result was a loss in passenger ¥ positor by putting the check in morn- | of shorts to cover. Operating on the | "4 “he mercy of foreign powers. | Established 1890 I o8 R s I pessenzer RAILROAD. {ing clearings or sending it to the |theary that the industry had passed | POy at the mercy | enough passenger traffic fell off more| 91% 85% 921 88% Atchison gen 4s199b... . 5 bank on which it is drawn by special | the crest of the vear's prosperity, = ARy e { 61/20/ a.nd 7°/ — 4n'the Weatern. district than ‘any-| S2A. S0 4 4% Astantictossthinels 4sisss. messenger short interests were found in an over' | BALTIMORE PRODUCE. | N e to Lo S e e s She s > Show sltors. extended pe ; b i an ) a il himed that pr o me| sou s2is 95 = 88W Balto& Ohlocv4s 1333 Bam‘l::r‘:‘ u‘e“..xx-ehn\:.-\!)?:'\:!:xo:. con .1Tn:—n?..r .‘u::‘“:mr:\'x‘::lésfll:x h:«;::nlflgn BALTIMORE, Md., July (Spe- Real Estate Notes for 1! oney to Lo S N trafic| ggi¢ g 92 #5% Balto & Ohlo ref 5s 199 that class of depositors whose |©f.3 tog5% points. clal)—Recelpts of native and nearby |[if Sale in Amounts from [l | secnred by firet deed of trust on real estate: ; . but these 4 103% 102% Balto & Ohlo 65 1929..... .. ce that class o wrs whose 5 ts. P air the past | Prevailing {uterest and o o are too considerable to be light] e i deposits may. in the future, grow into| BUYIRE of General Motors was |egks have been running fair the past || $250 up to $1,000 or oseph 1. Weller 436 Wash: L. & Trast aside. 98 96% B & O Southwestern Div 5 o ifficient importance 1o became pay., | based on expectations of u favorable | Week and with a falrly good demand |l Moye, a2 o Blig.. 8th & F N.W. “Tho bright side of the pleture 1o S LTI L T ing. that 1t {5 an actual cost in money | $arnings report for the second quarter, | all desirable stock hag Pecn, CE2ies BF) hS creass car loadings, whic! 5 o b oday el made pul XU 3 " il Bt sirs il colntinanto ity Shivoh [Twe iU SREME Seenadls n o s € a4 e B oy e neir | e an Famors that e directora oy | ning vers poor and showing quite 4 ||l Consult Welch, Realtor WY Nesd bl & vasse Mo, T : 82% 8% adian Faclfic de { c 5 te | consider payment of an extra dividend | 1088 under the candle. Shippers are} Loan Specialist 4 passenger trafio. Tune eayningh| s 8 88~ 814 CentralPacifie a1 ,They believe, if they can educate | CORSCT DIRn: OEn extrn v iden | urged to he more careful tn grading [l 1ot & NY Ave. Main 4347 Think of WELCH now being published, make a favor-! gel ggK 98% 94% Chesapeake & Ohlo cv 4348 1930., this class of depositors to the actual e i - The | b , bes not grade X X s able showing and the expectation is! 31" g4 93 £7% Chesapeake & Ohio gn 4%s 1992. situation, that they will realize the |€Stablished a new top price for the | egks. as all stock that doss nat EFeCt Batamnani. Auz Nank: Treth On: o Loan Specialist that July will do the same. The high | ;0% 102 Chesapeske & Ohio cv 531946... 1054 106% 105 10— |JUStICe and need of a service charge, | year at 8T% and closed almoat a point | BFSE, W5 10 08 B0F B fares e [fll mitle ol the Distriet. *No loss to P! vecord of net income of the railroads 44% Chicago & Alton 3348 1950.. ... .. and this’ established will then resuit | higher at 37. Other strong apots in SLEStN 0 WEP B2, MG (o0 40 Foors- was_reached in 1916, and some au. 1001 Chi B & Quincy Ist ref 5s 1571, In holding accounts that are worth e Eroup included White Motor.|AC8 B JOC EXLIENEL g Western | Money to Loan b ot L e b 4 744 Chl & Eastern Il gen bs 1351 having, while. If it is anything like a | {AdebRKer, Hudson, Jordan, Chander |ecgs in preference to nearby stock when the full results for 1925 are B9% Chi Great Western 4s 1959, unanimous charge the accounts that | aCK = OB DELAW AROQEE | = > ke / available it will be found the 1918 4% ChiM & St Paul cv 4% 1933. are shy of earning for the bank will [and Fisher and Murray Body | Ahd pasing & Reemum o o ey a:|] FIRST MORTGAGES At 5159, and 69, aggregate is equaled or even ex- 77% ChiM & St Paul gen 43%s 19389 not want to be eliminated. Specialities Alse Strong. ! 32 cents a dozen for native and neurby i FOR SALE " INTEREST the status of railroad securities as a | 11214 106% 112% 107% Chi & Northwestern 68 Bankers feel that they should in no [ find favar, with Coca Cola, American | 4 dozen over opening quotations this| $750, $1,000 and Upwards Tt ST whole. 8 74 88 75 Chicago Rallways 551927, wise antagonize” thair devogifora by | Dadiator, United Frolc Dugent and | Week Lo D, o S Sty o il Lehs Consult WELCH, Realtor Boaten Shaia Bimtan 85% 78% 9% 834 ChiR I& Pacific ref 4s 1934 5 analyzing thelr deposit accounts. ted Gtates Industrial Aloehol mov ' At seliat et 6 St SEEmheEn oM 3% §9% 94% 911 Chi Union Station 435 1964, ... “The banks are taking the same priv- | & UR 1 to 4 points. Frisco and ikinds has eased off and as & conce 2 Gaiek Repties. In another quarter the investment| 788 71) 634 76% Chi & Western Ind con 48 1983. . flege that the merchant and manufac. | Wabash lssues led a moderate upward | quence the market Fulce 8 spece IO | oy yoans Made on Property Reasqnable Charses 4 sifuation is not altagother satisfac-|yo4" 1001 104%,108 CCC&HtLyeréaAinge turer does of estimating cost-overhead | INOVemant in the ralls. seliing at the | 27 S0 PRCE Y 08, (000 Todl o g Located in the District of 0 R A tory to the conservatively minded.|jogy 1024 107% 104% Cleveland Term §iys 1972, for service rendersd and it is legit- | Y°3r'8 Deakk prices. Macy and Gimbel | Springers weighing the, pe nds S Columbia - S That is in the foreign field. Loans to % '801 96% 90% Colorado & Southern 4%s 1 imate.” issues were singled out for favorable | cver being t T3 AR ar e e d foreign countrics are continuously be-| g3t 8is 884 88% CubaR R 63 1952. ; The quotation is from an article in | 3ttention in the merchandising group. | the demand 1 a¢ A e AMES F SHEA WE WILL SELL ing brought out and the total sum|joal 971 108% 101 Delaware & Hudso 937. Trust Companies for June, by Arthur | The chief unsettling factor in the | SNEL FOTT 0000 Solues’ Fat Spring- . iison = s = fvpined e coodly mountng.. Tnllem MR UM R Dens BIeHEe T conde g Loashy, president of the Equitable]oe”yq" Pin Amertcan - Petraiours | ers will bring 38 and 37 a pound, me- 643 Louisiana Ave. N.W. e e e quality these new offerings vary from s 5 D.&R. est §s Tust €o. of New York City. It is| e ai to 35, and smaller, 26 to 30. e $9: . s : the gilt edge to the questionable. 95 B4% 3% 86 Detrolt United 4348 1932 espectally appropos at this time, in | Shares, which reflected fears that a | djum, 32 to 3%, and swater; 36 fo ff 30 Grifith, Coal T%—Bid The trouble is that the inexperi-| 74 61% 8% 70 Brielst con 4s1996... view of the study that has been made | COnservative dividend policy would be | Feclhm 10 (€78 (08 TOE S8 Cor & BN eater Units—| B enced American investor puts all for-| ' §a% 864 61% Erle gen lien 4s 1936.. Lt ot oot followed ek ine mewfstunaard onl |[oTeRRy RewRRSE, R IEC UMD OOAT 5 Pot. Jt. St. Land Bank—Bid i Ther ure Torcin, whereas m mo| 374 S 8 S Brie o ie D 1a8a. depiatiors Think {het Almost gy fe. | Stock ofering would be'made were |sow sic'at 3t and 28 Largesmooth || L BT Giee toan we WE WILL BUY cause the reig 2 v de- | St Ny de 4 $|old hens continue in good demand at Cvery other fleld of investment is discrimin 74 102% 108% 106% Grand Trunk & £ del posit 1 profitable to a bank, and that | Oficially denied. Losses of about 2| 0d hens co & boor Leghorn ake must receive the unani- . z 107% v th . 26 to 28, but small and poor Leghorns ma' mu ec - ation more essential. There are tech 117 115% Grand Trunk 781940. . .. 136% Tlee o B ie 50 par cent the fault of the bank | Points each by these issues had a de- ; 4 sl International Fin. Cp. Units. a e 1174 110% h Srand Trua) 3 -+ 116% 116% 1164 116y |t is 80 per cent the fault of the bank | PRUG PRCE 0 (€0 SBUER (A0 & 9€ 1 are dragey at 21 and Old roosters '} mous approval of three loan National Mtg. & ¢ nical differences, too, in these for-|jgiiy 96% 103 100% Great Northern gen 5% s 1952 102 102 101 @ 101 * |if it does not. Many bank executives s 3 plentiful and demand siow at 15 and Sects Mahi o hicoibny National Mtg. & Inv. Common. eign loans which it takes training to|110% 106% 111 108% Great Northern gen 7 1936 109% 110 109t 110 |Dbelieve that a fair average balance in Exchanges Firmer. 16. Spring ducks are In fair demand $xpants. i n !jlk i | Wardman Mitg. & Dis. Cp. Units. appreciate s8% B0% 83% 86% Hudson & Manhattanref§81957. 91 914 90 gy | variably signals a profitable account| jo, b g V81136 1>t o paundibut 1t takes e BT = xoiectec Edil takes a 1oF Real Estate Mort N For one thing, some day there may | goi Gfu T7% 6% Hudson&Mannattanadiss136i 764 76w 7oy 1o% | though frequently the reverse Is the | sierine rocoverime o por e it | e Tat stock 31 pounds and over || Of time, but it's worth it. We | be difficultics in procuring the ex-|jo5 100 108% 102 IllinolsCentral Sisa 1334 102 10215 1024 100 | case.” |terday's loss and - closing around |to bring top values. With old ducks |} et THE VERY BEST for our | MEHLMAN & CO. change nec ary 1o make payments 0 B58% . 66l B9 6s 681 Mr. Loasby, being president of a| 5 e E T % - | seni 1y at 14 to 20 as to quality | mvesting clients. o . 8 #6 Inter Rapld Transit ov 7s 1932 oo | $4.85%. Trading was enlivened by |selling mostiy af L) 3 wy 7 ! Brok of interest and sinking fund on cer: 9 6 Tater & GreatMNovadissises ) P0k 914 90 9015 |great trust company, nagurally deals|gnoihar rally in the Danish and Nor.|and condition. Pigeons are ample and Some unusually fine “3 Yes | rakers = tain of these loans. Investment| o 50% KanOFtLEcOM & MAN I, o 0o sos 3% 3y (in his article with many features of | wegjan currencies. carrying them to|demand slow at 25 and 30 a pair for | loans on hand right now 11319 F St. N.W. Main 8847 el e ot g 75 70% Kansas City Southern 3s 1950... 744 pom the business that. while applying di-|new high levels, while French francs | both young and old CERETEL TR e e 2 S e N | 2% 884 KansasCity Southern5s1960.... 91a 4410 rectly to the trust companies' of this|and Italian lire improved fractionally. | The e Gt oy njnew convenient amounts. Tnterest WE FINANCE 3 , securities s f S it TaksSharedsnass & .\ “ i ¥, : sk potatoes and all well graded round 4 ith e e he risk involved O e . 98% {ings banks and natlenal institutious | = stock meets with ready sale at full “?”‘,T“;fr‘:l"l‘f::,‘ ‘l)'a',"‘ Best —all classes of income-producing property Safe Course Desirable. N oin & Nashq:nified that are just beginning to work up| BALTIMORE LIVE STOCK. |quotations of 4.00 to 6.00 a harrel [} ©f 34 ki pay Large Loans a Specialty The n of this A 1 h:‘t 108% 1044 Louis & Nash Ist ref oigs 2003, . interest in (heir newly established — pBALTIMORE. Md.. July 25 (Special). | While No. to 2.50, and culls 6'2 /a Interest & e i ferent in Europe from what it is in | lg; 1040 go1 84% Mil Blec Ry & Lt Ist ref 68 '61. { trust dl'xm';lhme’:la od —The live cattls market rules gener. | 150 0 "1\( \|<‘h‘:’l Iv(nfk:yl::mxo\lu‘:g‘ urrent int. rate and commission. ati v 'he nded | M 6%s1931. .. e Trust Officer. ally steady under a fairly active de.|MOStlY 75 to =10 as e ASEY anc igbi i Latin America. The credits extended | 1y 104% 102% MStP&SS jally s y a e de- (" 3 4 nearbt | as. aAge i i r Inc. to Europe have heen (e Durpose | 199% 1958 Tesi 80" Mo Kan & Tex Lst 45 1890 The trust officer is more or less of mand for top-grade stock of all kinds. | Condition. Native and nearby veze |f » ger Higbie & Richardson, Inc of balancing budgets, supporting ex-| 7gy B1% 89~ 76% Mo Kan & Tex ad)be 1967 a_confessor himself. n the making | Receipts have been light the past week. | tables have repiaced aft Sottnern TO-1§ 921 1ith 816 15th St. N.W. changes and repairing war damages,| gis, 178% 96% 86 Mo Kan &I’Teixfl?”" 58 A 1962 of a will the wealthy man, no less | especially on the wharves. where most | Felles and WAUE Feeetis, REue BECE | whereas _the accommodations af-| g5 Gl 61 624 Ml m": Faelo ger;gunm than the man of moderate means, | Of the arrivals are of common to or- | ARertl HNE SEIERC A A SR U o ARERRRRRRE R forded to South America have been to{qjgp 8% 102% 99 MissouriPacific s 1948, . frequently whispers ‘secrets into the dinary catile, which are slow at the | & SIOUC SEORE BIE L0 I 8 make available undeveloped resources. | 'ggy T2% 98% 2% NOTex L WOk ne B 1nis, ear of the trust officer that the world | lower values quoted. Small poor lambs | tU%, COWTE, U™ TG00, o vingless. | 5 The wafe course is to diversify com- 895 95 b - must not know. at least so long as|and sheared sheep both to mave even | it 300 to 400 i . 3 SRl S \ools 45 10m4, 83 New otk cantrecime ke ois e tne aker of he Wil 5 on carth ot sharp iscounts. Quotatiana. todey | 150, LIV beste; 00 to 400 wuneret @ The New York Life Insurance Company Many good judges believe that the |jjsty 103% 3 . Not infrequently a man with the|at Light Street Whart: b8 R e ke A ce ¢ Gt . 61% b4 New Haven deb 4s 1957.... ; B e By (IR ERC carrats, 3.00 to 4. : L 15 | B D Tive ool Donds overs ebw B0 sy 87 NENREW ovdebaiiis B Lo o | aat Tt s emn oy, Pgund:|to 30 ' dasen: cucymbers. 25 and 30| Offers to Make estimates the risk in Latin America,| g7 = 68 N D% Weath Do e one. will feel constrained to tell of . per pound, 5a8. Bulls, |10 10 & SOTOR CUCIEPIC, ot ontons. even if it does not underestimate g% T0% matters in life that he blushes to|as to quality, per pound. 3a5. Cows.|D 3 o 2 . 63 %, 884 Norfolk & Western con 4s 199 00 and 3.00 bushel; lima beans, 1.25 the risk in central Europe. They ‘:fi‘ 125% Norfolk & Western ov ‘!’u,'s s)\leak ol»rl and ma‘ke pr‘alvlldlun 11(‘“ ?15 cho!c: l‘c,l fancy, per ?‘outng. 486: som- | o B tifet: DeDDess, 75 t0 1.00 Bie. First Moft aae LOG"S that political unstability in S 2 B 1304 | folly. He may have lived a lie for | mon to fair, per pound. 2a3. Oxen, as | {9 1" ZRenpNY. | § America is leas & menace to invest. | loay 6% €i% 60 NorthednPacificdsipdr..... 61% | decades, but in the end he must not | to quality, per pound, 4aé. Milk cows. | ket: squash, 10 to 2 lm’:“‘ffa‘,;‘:;‘,“ — 898 ment safety than financial uncertainty | yow 80% 87 83 Nomers acice B s 6a 837 8413 | try o fool the executor of his estate. | choice to fancy, per head, 50.00a75.00; [ [yal0s 103 10 100, Nl (O - in Europe 1083 101X 108KTI36H NorqerniEacTIS Fellony ¢ 106% 106 | Sometimes a poor lone man, with | common to fair, per head, 30.00a50.00. | "'he. A0 T (o T80 fOF SRR on Improved Real Estate (Goyspisht 030) ogw 92k BT o O re Short Line gtd bs 1946, . 97% 971 | plenty of monev, must prepare for|Calves, veal choice, per pound, | i first appearnce on the market | Jz % ——————— 108 1016 10T A e -Wash 1st ref 4s 1961. 1044« 104y | death, even whllemln normulh heal\‘:L 10a10%; ordinary to medium, per |t (Ot SUPE ready sale at | 84y TO% - 821, 829, | There are trust officers to whom the | rough and common, per 00 & v ive stocl MEAY "REDEXM ‘OTL. BONDS. " [Ca8 g0y s0 i 825 uanpariie weu 4 sioss. 924 931 | gloomy task has been assigned of ar.| amall culls, per mound, |13 te 800 8 crate. whlle native stock In the NEW YORK, July (P).—Bond | 1044 99 w;\ 109% Pennsylvania 6%s 1036 101 101 [ranging funeral detalls, even to the! basket. Blackberries, raspberries and g . houses hear that Marland Oil plans|y11 107% 118% 1508 oot Cr Ve tera tnc 4s 1990 110% 1104 109% 1104 | selectian of a casket. Sheep, choice, per pound, 4a5; old [Pasket, Blackberties. raspherries and Distriet of Columbia and Suburbs t0 redeem its $20.000,000 two-year &| gaw 21 3674 55 --eev 344 34 83% 33%| One of our brilllant young trust|bucks, per pound, 3ai; common, per 35 for i b Fini Peiind by 100% 97% Pere Marquette 1st 5s 1950, a8, 3 . = 5 > mand at 25 te 30 a quart for the two for 3, 5 or 10 Year Periods per cent notes at 101 and interest on| 9% 94 1% Bio Grande Western clt 4a 134b., 745 Ti0 Goe 4% | officers has had hanging over him for | pound, Ba3. former and 18 to 20 for_the latter - November 1, a vear ahead of maturity. | 73n $0 18w SL8 2Ip STRTEY MRS -+ 74% 70 78% 734 | some time the obligation of attending | Lambs, Spring, cholce, per pound. [{OIMST S1¢ A8 (e S 108, ShE, A CR The bonds were sold privately by s 4% BN B StLYM& SR &G 4a1sss 88 884 | to the entire mortuary affair of a cus- | 13a13%: fair to good, per pound, | earby P s ; ey Houses Apartments Morgan banking group cight months| 86 72 3% 71" StL &San Franpr In 4s A 1950 87% §8 | tomer who is still living, in a far-off | 11a13; common, thin, per pound. Sal et == Beiiae Bropertion Office Buildings The company had in its treas-| 73% 8% o7 g5y, St L & San Fran prIn 6s 1950 6% 75% | town, but he isn't worrying, for he| Hogs, straight, per pound. 12a12} WOOL MARKET FIRM on June 30 last $6.305,000 of the | 87w 80% 93% StL & San Fran 548 B 1942 81's 904 90% | has arranged and_paid to have the|Sows, per pound, 8al0. Stags and . bonds, leaving $13,605,000 in outside | ss% 1% 100% 843 StL & San Fran ad) 681956 100 g9k 99K |agreeable voung Washingtonlan an |boars, per pound, 5as. Live pigs. per e et se% 12 9 2 | swer the summons of a death wire|poynd, 14als. Shoats, per pound, A A M Rt se 30w L% Sil-&0on Fren oe be sass $0% ke 90w |and ‘tend o things. oars, il Mohair Reported Moving Better. s, 61% Sl 2 O - 2 * 8 734 Seaboard Air Line adj bs 194 One Millionaire’s Method. i MOTOR WHEEL'S INCOME. 7T 43% 5. g4m Seaboard Alr Line con 6s 1945, AR Tale o SN Sniia st o | WEEKLY BANK REPORT. Fioes: Main tated. NEW YORK, July 35 UP.——Metor| 81 3 974 964 Southern Paciflc cv 4s 1323 9 97k :;t Sl Rl e R A Special Dispatch to The Star. Wheel Corporation’s net income of Sv: 81% 88l 84 Southern Pacific col 4s 1949 861% 85% 85y | dear one—mayhap deceive a doctor or NEW YORK. July 25 (#).—The BOSTON, July 25.—The Boston raw N APPROVED SECURITY $1,935.396 for the half vear was equal | 8 G2 88% Southern Paclfic ref 4s 1356 actual condition of clarance house ; . 5 Chian e a 91 85 80's 88% 8xi4|a pastor—but the truth alone must weool market closed the week quietly, 10'$3.40 a share on the eommon, after %% 80% 73% Southcrn Ry gen 4s 1956. o o B A O hefore the trust ofcer fn |banks and trust companies for the ‘ = | Ity dividend requirements on the § per| 89 ol 1044 1004 Southern Ry Ist 5s 1394. 104% 1027 108 | the adjustment for the final passing. | Week shows excess reserve of $61.| NIt WIh PrOes sernavlly meniuines, Apply ot B el (1 P ST IRV By L R M 110% 1104 110w | Men of large means are interested | 345,180 This is an Increase in reserve | 37¢"{noraasing In demand. = Reports quarter's i s At 39% 43 41% 42% | in the distribution of their estates and 1191, ) W] hi H e o) that 50 cents has been paid for a lot e i 18 S50 B3 Bul sow Unlon Pacinc st de1iii Sy 52" £ | ry'io fx matters Couriproat, ta-save exoesa reterve totaled 326.653570. | ot yxua"wool ndicate that Wetern RANDALL H. HAGNER & COMPANY WILL PAY OFF BONDS. 100 95% Vieot aah 99% 99% 994 [long legal contentiogs over their dis- e Zrowers are shawing no dispesition to b s Py [y, W LIRS U B 991, 98 98 | tribution. METAL PRICES HIGHER. |reduce prices despite the definite MORTGAGE LOAN GORUESPONDENT Goneral Gaa. ana’ Blectric Corpora;| 1018 298 10Y 190l wabaan o34 175 100 101 1014 | Many who have but moderate o | NEW YORK, July 25 (P —scarcity | CHeCK the market here has received. Ed £ ] - ——— - e o . es Ve e trus lcer out of » < ST ity | —_—————— tion's plan for retirement of its entire | ggaig 67% 63! Western Maryl. 665 65% 65% | their reckoning and transfer most of [of metal in the Chiecago district has bonded debt and readjustment of itx | §esy 79% 964 . 90% Western Pacific ba 1948 94 92% 934 | their, property into cash, and prac- |given a finer tone to heavy melting| Rainmakers of Kaffir Land receive capital structure has 2% %6% Bl% West Shore 1st 48 2361. 824 | tieally place j¢ while yvet in the land [steel, which is quoted at $16 to $16.50 | high salaries, but are degraded in case 3% &2 aperative. ok Wby ddving, # WOl Ui VY G, b kAueniged Wodaln