Evening Star Newspaper, July 27, 1925, Page 19

FINANCIAL. PRICES HOLD FIRM AT GENTER MARKET Week Starts Out With Fair Trade and Ample Sup- plies on Hand. Buying was not unusually brisk his morning, numerous retailers car- ving stock enough to supply today’s »atrons. Monday usually is a slow day, due to the fact that very little shipping is done by Maryland and Virginia residents on Sunda There were ample supplies of food- <Luffs of all varieties, and prices were “bout the same as at the close of the week's market. Cantaloupes continued 15 plentiful and cheap as last week and there were large quantities of vegetables offered at low prices Today's Wholesale Prices. Butter—Fancy, tub, 48: prints, store packed, 25a30 _ Eggs—] selected 4. average r Poultry— arge, 35a36 heavy fowls 4 keets, 4 to 75; turkeys, geese, 12al5; dressed Spring chickens, large, mall, 40: turkevs ducks, seese, 15, Live stock * Spring, 13a14 Meats—Reef. lambs, 30a, ho: ; smoked shou Fruit and Vegetable Review. Today’s market report on fruits and vegetables (compiled by the- Market News Service. Bureau of Agricultural Economlcs) savs Cantaloupes mand slow almon Tints 1umbos 2s and_15s, verial Valley. standards, 45s, 51 candled, 32a chickens, Calves hogs. 18 $12a1013 ; lambs, 15 veal, Spring loins, 35a hams, smoked upplies libe market dull standards, 4 2.35a2 standard flats. 90a1.00; California, Tm- ripe Salmon 1.00a1.50: jumbs Norfolk section ates, Green Me: dgeway 363 air to or- and condition, 1.50a2.00; Salmon Tints, standard : jumbo flats, lifornia, Honey 2.00a2.25 Light. heavy 128 and mostly ndard crates, Peach Teaches—Supplies light, market fairly and North Carolina, Belles and Elbertas mostly 3.00; medium qualit 5a2.75 hertas. large size, best. mostly 2 fair quality, medium size. 2.00a North Carolina Hileys, small si 42.00; Tales. medium size. Potatoes—Supplies light: demand moderate. market firm: Virginia, East | Shore, cloth top stave barrels. Irish Cobblers, United States No. 1, mostly 5.50 Watermelons—supplies demand market dull rect to retailers, South Carolin: 1s and Thurmond Grays. ound averages, 0260 Lettuca — Supplies nand light, market steady dozen crates, Big Boston t Demand demand steady: Georgia bushel baskets large size, best size, some fair Helles and El 50 moderate sales _di- , Tom slow, moderate; de- New York pe, 1.00a Apple Market Steady. liberal, about Supplies market Maryland demand steady and Virginia, large-size Rambos, 00: Oldenburgs 1.50al.75: small to various varieties, 1.00 Appl moderate, Nelaware. bhushel b um size, a beans—Supplies liberal, de- tuand limited, market dull: Maryland nd Virginia, bushel hampers, 2.25a 50; North Carolina, bushel hampers, 2.00. $20,000,000 ATLANTA IMPROVEMENTS APPROVED Special Dispatch to The Star. ATLANTA, July 27.—The Georgia Assembly has officfally sanctioned the 20,000,000 Improvement project of us city wh will include ¢ struc vion of twe down viaducts aeross rallroad tracks and erection of a new | ‘assenger station and a t of the business di PAB.IS MARKET DULI PARIS end Rourse today. Trading was dull moved i alarly on the Tt cent rentes, 50 framcs xchango on London, 10 francs 67 centimes. Five per 0an, 57 francs 75 centimes lar was quoted at 21 *times. prices e SHORT-TERM SECURITIES. {Quotations furniched by Redmond & Co.) antral of Georgia 6s S M & St P.gs 1 3 Pest ‘f 011 Corp. T‘l ook Val ctowt=y { Capital Trs NEW YORK CURB MARKET Received Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. | which continued to respond to mer; NEW YOR! y Today's curb | rumot At 156% it compared with market started in active and strong, [ Saturday’s final of 149 2 numerous stocks reaching new high| For the strength at new high prices records, subsequently reacted under|in Happiness Candy class A there profit taking sale, then in the after- | | was the report that earnings from the noon the upward movement was re- | opening of several stores early in the sumed. Standard of Indiana \\'xu‘ year were beginning to make them- taken up and along with it were other | selves felt. Other stocks to reach popular so-called Standard issues, | new highs notably Humble, Vacuum and Stand-|up over ‘White Rock new, over ard of New York. Chapin Sacks up almost a point The feature in point of price fluctu- | and Bucyrus at 182 as compared With ation was Middle West Utilitles, | a previvous close of 177. _ NEW YORK, July 27.—Following is an official list of bonds and stocks | traded in on the New York Curb| Market today 358 358 1614 895 108 0 Ohig 60 Swan & Finch . 181, 167 700 Vacuum Ol 893l 80U | fales JINDEPENDENT OIL STOCKS In hundreds. 24 Am Maracaibo € 1 Argo 01l 2 Cardinal Pete Cariy_Syad Cit Serv new Cit Serv pfd Columbian Synd Creole Synd Grown Cent Pete 8 Gibson Oil Cor 30 Gult 01l of Pa 2 Kirby Pet ... 30 Lago Pet 7 Lion 01l @ Mex Panuco 358 Sales in thousands 1"Alum_ 7 50 Am Gas & El 11 Am Ice %a Am Pow ‘&' Lt bs 975 1 Am Sum Tob Di Am Roll Mills \,1 3 104 1 2 5 1 8 £ 1 8 Anaconda, 2 And N, 10 Amso G e p TAsso Sim H 65 R6T; 5 AU GEW TS S b At F B Tne Bell T Can A Beth Steel 10 C. M&SIP b5 nw A i 2 Skrs Navurai ‘G 3 Peer Ol Torp 2 Pennok Oil Corp 30 Reiter-Foster 01l 1 Royal Can O & R 3 Salt’ Ck Cons Salt Ck Prod Eld P L INDUSTRIALS 927 Adirond Pow..... 02 ’\ Gen I C 11 Cult 0 Corn' 58 Long_Tsl Lt Hs Lig Winch RE 7 Mo Pac R bs. orris & Co at Distl Pro’ .5 Nor statea'® m,(. x‘(lhn or S PN 6ips°0 1 Ofifo Pow o B > Bala & Katz vic 13 Belding B 1B Sehw Cigar 1 Borden & Co 5 5 Bidyn City R R 1 Brown & Wwn B 173 Buesrus Co an' D G Ale uw ar Light 11, Carolina P & T, % Centrif Pive Cor 45 Chapin Sac & C 34 Chatterton & Son 12 Clev Auto 13 Comw P € pid 25 Comw P C New Com P € war Com Rts wi Cons G Balt new Cont Bak A ont Bak B ontl Rak pfd oty Ine 3 &N, e 4 Curtiss Aero M R e For RC vie W DL & W Coal It Doehler Die ¢ € 3 Dubilier € & Rad 43 Durant Mot J¥ Duz Co Ayt Bond & Sh B & Shn Invest 1B P 7148 it we 1045 re n,g(o Bias. 10 Rub 6198 Rib 808 Rub 6134 S Rub Bies Rub Aiys ‘30 99 Rub 615 i 8 1 ‘acuum Oil’ 78 L x0 o% 833, &1 R810 a5 L L0 Frank Mg Co 1 Freshman - Chas 43 gant’ Saun 3 \ i AR l""( 8% e 805t 83 @ Siem & Fial'7e 28 n—:‘ oie’C %t R 108 Wiss Govt 64s. 103 1§ Tone Hi%ew % 00% Salesin STANDARD OIL ISSUES Uhits 100 Anglo Am Oil.. 5 Garod_Corp N Gen G & HEGEE Gen G & £ pt'A 1 AR o 4 Gon GERE'm B 4Gen Oid A C A 2G Outd A ¢ Gilletta § R Ga L Power & R A ny Continental ONl'n 0 Crascent T L included Johns Manville, | 10Gal S O ofd'n 1700 Humble Ol & R 681 1071 P L 138 900 Imp 0 ‘of (an n 40 Ind P _L. 5 3600 Inter Pet C 1td 50 Maguolia Pel. 300 Nat | Transit 100 Ohio 01l 1600 Prarie Grimes R 107 Happ ( 3 Happ « 1 Hazeltine 1 Hood Rubber 3 Hunt Rros A S Int Contl Ruh. 8 Intl Coner Ind ( a3 Intl Mateh ¢ pfa 65 Int Mateh Rt wi Int Utl A Int Utl B 4 Johns ' Maiviile 43 Kelvinator ¢ Kraft Cheese Washington Stock Exchange SALES. ‘Washington Gas_ bs- $1,000 3t 100% . $2.000 at 1004 Washington Gis s 5382000 at 103 Capital Traction Co —2 ! I (g i Washingion Rws. & Elec. com =10 at 110, 10 at 110%.°10 at 111, 20 at 111, 10 at 111, 10 at 111, 10 at 11115, 10 at 111 %, |Wullll'.l“!lllll‘q,lflnl”‘..v at mmercial National Bank—10 at 190, 194, 10 at 194, 10 at 195 Riges National Baok—10 at 455, 10 at T0 at 155%. 10 _at 356 obigreenthater Linotype—10' st 104 National Mortgage and Investment 10 at 91y 000 at 100%, ¢ Wire ( ro Wire T Mengel Rox Mercantile St'C Lid 10 at | ptd.— AFTER CALL. Capital Traction 5.000 at 99 33—$300 at 100, 1024, 15 at ptd.— com —10 at 200 com.—10 at Capital T 100, 87 at 10 National Mortgage and Investment 100 3t 835, T . Washington 1123% Washington Gas Light—100 at 6115 0 at 616, & Eloc Elec Money—Call loans. 5 and 6 per cent Bid and Asked Prices. BONDS. PUBLIC UTILITY American Tel. & Telga. 48 American Tel ‘& Telga. 4354 Am. Tel. & Tel. ctl. tr. 5 Am: Tel’ & Tel. conv. 68 Anacostia & Potomac 5x. Ana. & Potomac guar. 55, & P. Telephone 0. & P. Telephone of Va. os e it 15 Reo Mot 18 Sou Cities Cit c Ay Ut Ut vio # Stutz Mot 1 Swift Intl 14 Thomp R C v R C Ris Sille v Tnion Carbide i G & E 3 Uhiva Rep City & Suburban by Potomar Potomac Potom Pot. El. Pow Wash.. Alex. & M Wash.. Alex. & ) Wash_. Balt. & Annap. bs.. Washington’ Gas b, = Gas 6e. 101, 191 o118 1131 16 1015 a1 1145 815 i omble Ol 528 107 Shgh: Fow; Sec C \orria & Co New York C arexon Short Ling 4o 1 Penna. R 1930. . Sinclair €, Gi) B¢ £wift & Co. 58 1 Hdtbager i1 S%s 1931 Tnion Pac. Tiaign Tank Rub) Westarn Un ‘Wastinghouse E.&3 RS s ¥ 5055055555500-25! . ShEc0 5025250550 SEBSs! SEITB2R333322223RS FEIEE TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) F FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal Selling checks PR N London, pound......$4.8605 $4.85 Montreal,” dollar 00 o Parls, franc. ... Drussels. frao Berlin, mark Rome. lira Zurich. 1ri Atheng. drachma. Madrid. peseta. Vienna, crown. .l Rudapest, crown. . Trague. crown avareaw. zloty Copenhagen, crown Christfania. crown Stockbolm. crown YORK, July 27.—Foreign ex- changes steady. Quotations. in cents: Gireat Britain, demand. 485 %: 60-day bills on bani ‘rance, demand, 4.72%; cable: ttaly, demand, 3.6 Demand: Belgium, ’3.80; Holland, 40.1 Sweden, 26.85; Denmar] erland, 19.40; Spain 156; Poland. 19% 2.96; Jugoslavia, 1 Austria, 14%; Rumania, 15%: Argentina, 40.37; Bragll, 1L.66;: Tokio, 4135; Shanghal, ¥8343 Montreal,. 100 3-32¢ NEW 1'zéchn~|(.\dk1« vy. & Eloc i Wash.. Rvy. 4 Biec. e 6s. MISCELLANEOUS, C. Paper Co. 6s. Pot saine Stogk 1d BK. ba Bieis Realty 53 (long) ... Birgs Realty, bu (short). T, o1d Storage Siman Park Hotel 85 STOCKS. PUBLIC UTILITY. Amer. Tel. & Telga. Eabiin Tracton T 011110 n : \gr'{n'x"{n Wash, Sieumbodc 3 b o co Wash: Rwy, & Elee: pid Terminal Faxi com NATIONAL BAN National Capital Columbia ... Commercial District Farme Feder: Libe: Lincoln National ‘lump«hun Rigxs Second Nat. B 10'S Rub Reclaim YVic Talk Mach bw-:mr Bros P A 11 West Pow MINING 20 Canario_ Copper.. 30 Cortez Silver 3 Cresson Gold % Dolores Esper.. 11 Eng Gld M Ltd 50 First Theht G M. Forty Nine M 3 Golden- Cent M 20 Hawihorne M 1 Heela, M > Kay Cop £ Lorrain Cons 3 ason Val } Nipiseing 10 Onio Con 30 Plymo Lead 3 5 Premier Gold M pearhead 'Goid eck Hughes Tono Belmont. Tono. Ex - Tono Min American ik o Waah, 13 Wenaen® oo TRUST COHPA)\'Y 20 West End Consol Amer. Security & Trust. Continental Trust. Merchants’ lzlnl( GRAIN EXPORTS SLUMP. Grain _exports from the United States last week were 2,393,000 bushels, as aewtpared with 3,330,000 bushels the previous week, Commerce - res Saving Comme; Department figures today showed. East_Washington . Security Sav. & C Seventh Stree United States. Washington Mechanfcs’. FIRE x\santh DIVIDEND DECLARED. BOSTON, July 27 (#).—The direc- tors of the Pepperell Manufactufiug | Co. today votel the regular semi-an- nual dividend of 4 per cent. payable ?U}S\lsl 1 to shareholders of record uly 27 American Corcoran Firemen s National Union. TITLE INSURANCE. / Columbia_ Title. Real Estate Tiile.. MISCELLAN 'r‘;ans & Stoi r Linotype... .. Nitge. & foveel bid. 14 Dutch Marke 5 313 Dutch Market pid o Bn ol S TODAY'S MONEY RATES. NEW YORK, July 27 (#).—Call money steady; high, 4; low, 4; ruling rate, 4; closing bid, 4; offered at 4%; last loan, 4; call loans against accept- ances, 3%. Time loans firm; mixed collateral, 60-90 days, 4; 4-6 months, 4a4%; primecommercialpaper 3 %24y Bl WA 0B mn % »fifi* | oy ) 100 ) THE EVENING STAR, 'WASHINGTON, NEW HIGH LEVELS | INCOTTON MARKET: Dry Weather Sends Price; Virtually to Season’s | Highest Point. By the Associated Press. W YORK, July 27.—The absence of over Sunday rains in Texas started another buying movement in the cot- ton market early today which quickly advanced prices to new higher levels for the movement and virtually to the highest of the season Opening_firm, at 2 to 12 advance, the market made net of points within the first hour, which carried October up to 25.47 and December to 25.62. There was con- siderable realizing at the advance in belief that the technical position had been weakened and that insufficient at tention was being pald to favorable conditions in the belt outside of Texas nd Oklahoma. but the selling was absorbed at a little under the highest prices. Cables were considerably better than due, Liverpool. with ~commission houses in the South was a good buyer | here at the opening. Practically all | of the Texas crop news was bullish, claming that the plant was deterio- ting rapidly under burning sun New York cotton futures closed steady at 14 pointe. points gains October .. December January March May Opening January 80 October. 24.00° March, 16 New Orleans Quotations. NEW ORLE futures opene Decemb March New Orleans cotton futures closed steads at net advance of 3 to 13 points Octobe December January March Fancy walking canes, so much in de- mand in Paris, are being grown by a French farmer, who twists them as they grow o ¢ First Trust LY 1925. rbomoooom $ WANTED! “§ SECOND TRUST NOTES Funds available for the pur- <hase of all kinds of second trust notes, secured on D. C. or nearby real estats. Prompt action ln every case. Washington Investment and Transactions Co. 715 14th St. N.W. Main 3662 ““ FEDERAL- AMER]CAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President D.: C, MONDAY, FRITZ CO 14th & K Offers a Limited Number ofl 3 a |® o § 2o First Mortgage Notes —secured on brick dwellings| occupied by owners. These investmgnts are unusually at- tractive especially to the real conservative investor. Your Opportunity 7% First Mortgage Notes We offer a limited amount of 7% notes secured by a First Deed of Trust on first-class northwest residential properts This is an exceptional oppor- tunity for investment. See Mr. Kelly—Loan Dept. McKeever & Goss Realtors M. 4752 1415 K St. Prompt Action | First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. | 15th Strest WE BUY OR SELL UNLISTED and LOCAL STOCKS AND BONDS MEHLMAN & COMPANY Brokers International Bldg. 19 F St. Phone Main 8847. W, Money to Loan Securzd by A deed of trust on reat e Pm.uu. tereat ab commisn 1 Weller €36 Wash-io" & Trust Blde.. 5th & ¥ N.W. First Mortgage Has Achieved Secured by A Reputation Improved Notes Secured on oport enominations $100—$250—$500—$1,000 W. H. WEST COMPANY 916 15th St. Main 9900 Continental Trust Company Capital One Million Dollars l4th & H Streets Sl REAL ESTATE LOANS ANY AMOU | RESIDENCE LOANS AT LOW RATES FRED T. NESBIT INVESTMENT BLDG. Main MONEY TO LOAN on First Mortgages on proved property in s ton. Current service. {[SHANNON- & LUCHS 713 & 715 14th St. N.W. Main 2345 rates. We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street Smith Bonds 7% MITH Bonds combine a 7% income and strong first mortgage security with the safeguards that have resulted in our record of no loss to any investor in 52 years. You may buy thege 7% bonds in $100, $500 and $1,000 denomina- tions, outright or by payments extended over 10 months. Every payment earns 7%. Maturities range from 2 years to 15 years. Send your name and address for our booklet cf current offerings. No Loss to Any Investor in 52 Years The F. H. Smith Co. Founded 1873 815 Fifteenth Strect--Main 6464 New York Washington, D. C. Pittsburgh Philadelph Minneapelis Name . —for “taking care” of its customers, and is always ready to extend any merited accommo- dation that the exi- gencies of business de- mand. 7 Don’t you think you would do well to be as- sociated with such a bank? 3% Paid On Savings Real Estate In Washington Worth Double Of the Loan— Today 62 Per Cent Denominations of $100 to $5,000— Parhal Payments . R National Metropolitan Bank Years o1d Capital, Surplus & Undivided Profits, Over $1,800,000.00 15th St., opp. U.S. Treasury Mortgage Investment Dept. HANNON & LUCH 713 and 715 14th St. N.W. Main 2345 \r.,m Ol1d WE OFFER, Subject to Prior Sale Commonwealth of Australia External 5% Gold Bonds Dated July 15, 19 Due July 13, 1955 Not Redeemable Prior to 1952 Price 993 and Interest To Yield 5.057, Crane, Parris & Company INVESTMENT SECURITIES 823 Fifteenth Street Phone Main 593 Washington, D. C. Sustained Satisfaction ILLIONS of dollars of First Mortgages oi- fered by this Company comprise the hold- ings of thousands of satisfied investors. The source of their satisfaction lies in the fact that not a penny has been lost by any investor through Notes handled by us. And. in addition, they find satisfaction in the fact that eVery interest payment is sent in order that they receive it on the day it is due, without fail, so that their income is not only assured, but it is prompt. The next time you have funds available for investment you will find it worth while to_con- sider our First Mortgage 6% % Notes, SWARTZELL.RHEEM 6 HENSEY 7?7 MI&MW 2Lt Ca shlqgton.nc. 56 Years Without Loss to An Investor, FINANCIAL. Equitable Co-operative Building Ass’n flrglnlnd 1879 45th YEAR CO\IPLEI"KD Assets .. ....$4,942,132.68 Surplus .$1,317.011.44 Subscriptions for the 88th Issue of Stock Being Received SHARES Save Systematically 50 Always remember §t is not zwhat $2.5 vou earn, BUT WHAT YOU SAVE PER THAT COUNTS. The Equitable 4 e helpsng hundreds to become financ MONTH recognized thru their Systematic saving plan. Are you a saver thru this plan? If not—then josin today 915F St. N.W. Vi70) TV Ve iigir Money To Build No NEED to delay that contemplated construction work; secure a build- ing loan from us on good terms and take full advantage of the good building season. Application acted on within 24 hours! See Mr. King, Mgr., Loan Department BOSSADPHELPS HOME OF HOMES 1417 K Street FOR INVESTORS MORTGAGE NOTES IN CONVENIENT DENOMINATIONS ON IMPROVED PROPERTY in DISTRICT s COLUMBIA H. L. RUST COMPANY 912 15th Street Main 6888 0 0 1 7 0 T 0 A0 = i R e W QRN R R DRIl i The New York Life Insurance Company Offers to Make First Mortgage Loans on Improved Real Lstale In the District of Columbia and Suburbs for 3, 5 or 10 Ycar Period Apartment Office Buildings 5Y%% ON APPROVED SECURITY Houzes Business Properties Apply RANDPALL H. HAGNER & COMPANT MORTGAGE Lean GoRRESPONDENT oA*4321 Comnecticut Foenue, Teliphonefizin 3700 $25.00 will start vou . to have + large amount of money in order to buy a FIRST MORTGAGE It is not necessary ver a You can begin with as little as $25,and by regular deposits, .you will find yourself the owner of a $250 Mortgage in only ten months. The plan is very simple. Quarter of a Century Without a Loss F. SAUL CO. 925 15th St. N.:W.,