Evening Star Newspaper, August 27, 1925, Page 31

FINANCIAL. PRICE OF BUTTER | * WL G0 HEGHER | Liocal Dealer Predicts Early| Advance—Peaches Lower. Beef Unchanged. | | i An increase of one-quartsr ceni in the price of butter in the heavy but ter centers vesterday will not affect retall prices here. The butter market eontinues firm, and dealers have been | 1818 of a prospective increase of at least 5 cents a paund by the middle of September Dealers vey torage butte tiex being far | | | | vt a reat shortage of | this season, the quanti- | below that of the pre- | ceding year. High prices the coming | Winter seem almost certain, accord- | Ink to well inforced dealers. | E#g Supplies Enormous. | A Aifferent condition exists in the | egg markei. Eggs stored this season it s stated. are approximately 1,000." | 000 cases in excess of what dealers | stored lasi vear. Because of the| plentiful supply of fresh eggs at this | . time. it is staed, there ix no demand for the storage product Indeed. it is stated. some of the stor- age people already are displaving «igns of nneasiness hecause of the pre vailing conditions. Storage eggs, it is stated. have not vei appeared in the local retail market. und there is little likelihood of anv of tham being offered | %0 long =y the supply of the fresh | stock continues fairly heat Today's Wholesale Prices. ,fivu\el»F‘au\m tub. 19 printe, store packed. all. Eggs selected 37: average receipts, 34. Poultry — Alive — Spring chickens, large, 32; small. 28a30; heavy fowls. 26; medium fowls. 23a24; small fowls 18a20; ducks. 20a25; keats, 40a75: turkeys, 11a12; geese. 12al15. Dresséd) -Spring chickens. large, 35: small | 38; turkeys, 30: ducks, 20; geese, 15. ) Live stock—Calves, 11all%; lambs Spring, 1315a14:; hogs. 14al15. . Meat—Beef, 17a13; veal lambs, 30a32: hogs. 21 loins, | 35a36: smoked shoulder ms, 30. ] Fruit and Vegetable Review. | Today's market report on fruits and | vagetables (compiled by the Market | News Service Bureau of Agriculturall onomics) savs i Apples—Supplies libaral: demand | limited, market steady: Virginie and| Maryland. bushel baskets, various va risties, large size. 1.50a1 : small 10! medium sizes a1.00, few low As 50, Cantaloupes—Homegrown receipts| liberal and supplying the market. | Grapes—Homegrown suppliss light and supplying the market for Eastern | stock i Lettuce—Eastern suppliss liberal;| Piemand Hght, market dull; New York. | >-dozen crates, Big Boston tvpe, 85a | 1.00. mostly around 75. Western sup-| plies lighi: demand light: market | steady: Colorado, crates, Iceburg type. all sizes, few sales, mostly 3.00. candlad. 358 15: Spring Peaches are Cheaper. light: _ demand New York and Yellows, 3.50; few Onions—Supplies lght, market steady: Massachusetts, 100-1b. 128, No. 1, mostly a igh as 3.75. Peaches—Supplies light, market weaker: Maryland. bushe haskets, Elbertas. large size, 3.50: Pennsyivania and New Jersey, bushel haskets. Flbertas, large size, 3.00a3 mostly 3.15a Potatoes—Supplies moderate mand moderate. market stead Tarser. 150-b. sacke Irish Cobblers, ", 8. No. 1, 4.1024.25; few fair quality, 3.0 Sweel Potatoes—Supplies light: de mand moderate, market fairly steady: North Carolina. cloth-top stave barrals Tallow varfetfes No. 1. best, mostiv. 4.00 « Watermelons—Supplies limited: de- mand lmited, market steady: dock sales. Virginia, bulk. per 100 melons, | Excells and Thurmond Grayvs, selects, 0250.00; primes, 15.00225.00. liberal: demand 1 de New THE. EVENING | EW YORK CURB MARKET | l Received by Private Wire BY WILLIAM F. HEFFERNAN. NEW YORK. August 27.—The trad- ing element devoted most of its at- tention today to newly listed issues, [m which trading started for the fir | time. Most of these stocks were of- fered for public subscription recently and ware reported ax having been | oversubscribed. May Tag Corporation was promi- nent in the dealings. opening 2 points above the offering figure of °0. and maintaining most of the gzain later. The company is one of the largest washing machin® manufacturers in the country. Viek Chemical was ansther new- comer, opening at the offéring price of 41 and advancing a point later, is the intention of diréctors to place Sales in BONDE. thenkands. High, 28 Am Gas & Elec fa 9 Am Pow & Lt 6s 98 QAo c Lkt . B (R Close a8 2 Ass Sim Hw 6 10Are £ wi'sshs ;A:I l»‘r\'nv. lan o . g’!' averboa: 3.. 3 5 Beavernoard U R e ° 15 Bell Tel Can oo A D87 ot Sugel a5 10330 10 Boston & Me fs.. 81 SCM&SP 5sn A wi 58 4 Cit Sery 84 00% on Gas Balt 88 0 G Balt 5138 n G Balt 6a A o “of i) I ER232:223328 9535555 0955555 006 253555235850333502 3 500 - 6y N Trunk B3 10 A gt @ Romber 7 SX35255 5053590 0035y: ¥ e #ER P 25253555 ot b e 58 5a '8 . ap Tr Be. 0il Co_6148 10 Shawshean 7. 10 532 333399020035555 25503 e R R R I 2532222333332 2R3RA3R3R322A52333232332802 FRERES i ST EEREEEE EE AN ST 38 083 uum Oi) 78 .. 105% © Webater Mil 833, 99 FOREIGN BONDS. Mont_S LTEN 6 Thes iron & &t i Toho E P (Ltd) STyrol H B P 7038 9815 Salerin STANDARD OIL. ISSU] unite 700 Anglo-Am Oil Too A1l Tobes 0bos’ pd 70 Buckese P L. 200 Chesebr gh Mg 3800 Continén 01l naw 100 Crescent P L. 30 Cumberland L. 0 Eureks P L. 0 Gal Six Oil 0 Gal S O nfd new 0 Humble 0l & R 1500 [mp Oi1 Can nax 50 Ind P L. ; 2200 Int Pet ¢ Lid 30 Maznlia Pet 00 Ohio OfL ax div 1800 Prairie Q&G new 280 Prairie P L. 10 Solar Refin. .. 300 South Penn 01l 10 Sou W Penn P 1 S800 S0 Indiana. 200 S O Kansas. 90 5 Q Kentuek 105 O Nebraska 13008 O N Y 150 Swan & Fineh 1| Direct te The Star Office ) the stoek on an annual $3.50 basis | in_November. Trans-Lux, which was offered for public subscription at 6% a share, al#o opened at the subscription price. This company I8 engaged in the manufacture of the so-called “movie ticker.” These machines have been placed in prominent stock exchange houses and also in the New York and other curb exchanges. Nothing so far has been learned concerning earnings. | “Richard Hellman Co. manufac- turers of a number of popular food products, opened at 331 for the pre- | ferred. where it compared with the offerinz figure of 32. The common shares were dealt in around 14%. The further cuts in crude and re- fined oil quotations were not reflected in the market for the oil shares, which again were disposed (o seek lower Tevels it | Sales INDEPENDENT OIL | in hdrax Than Gl cr Win ot Ba irby Pet . Pet Pennock Ol Cor Reiter-Foster Oil Raval Can 0 & R > Salt Creek Prod. un O 2 Venezuelan = Pet A0 West States Oil 2 Waodley 0 & G 1 1 Woodles Pat Sales in INDDSTRIA Rundreds ' Aloha Port Cemt 1AM Gan e F Gas & EI pf L i Trac. I B & L new Ravon’ Prod uperpow 2BBU DT LErE s S o} Briziuan To L °5 port” Macl 1Dkirn City R R ] Bucyrus Co pta Can'D G A new Car Light 31 Centrit Pips Cor. 18 Chapin Sacks Co. Chic Nip A Chic Nip B Tt Cleveland ~ Aute. 2x3222T B FFLIEE SR T P e Cont Baking A Continen Bak B 4 Contl” Bak nta 1 Contl Tob Ine 5 Cuba col’ . T urtisy “Aerc § 2 Dow Chem vtc 'y Dixon Cryeinls & Dubilier € & Rad 20 Durant Mot 1 Duz Co ‘A vic 1y Elee Auio Lite L E1 B & Sh otd E] B & Shn corn El Tnvest Inc & Engincers P Sert L Eng B S P R ot 30 Fed Metals T 1 Fed Motor Truck Erank HH Qi Ereed Eisem R ¢ I Freshman Chas 4 Garod Corp .. 12 General Tes 6r GaErn X ¥l o B EnAn 2 Gillstte S R 2Ga Lt Pow & B len “Aldnn Coal 175 Goodyear Tire T l‘;ouh\ Gonpler A 3 %2580 Hanpiness Cdy & Hellman Rich Ine & Hellman Rich of 6 Horn & Hardart 5 int Contl Rub 13 [ntl Mateh pf. Inter-Ogean "R ¢ Jdones Radio . 14 Relvipator € 10 Leh Pow sec’ vic & Lahigh Val € N € 14 Lahn & Fink h MeN & 1w Lib Owens Sh G Tib R Ch Stre cCord R&M vic agtaz wi | s 3 b 3 et SRR STAR, WASHINGTON, COTTON PROSPECTS Merchants in 12 Southern States See Much Larger Returns for Growers. B the Associated Press | MEMPHIS. Tenn. August 27.— Pusiness—good: the financial situaion —satisfactory; crop prospects—great. | In short, this is the report brought {10 Memphis by délegates from half a | Aozen Southern States to the Cotton | Statex Merchants' Association, now in | session nere. Optimism is the keynote. | J. K. Orman of Russellvilie. Ala., | vica president of a chain of 15 banks and head of A mercantile company. reported the second I st crop of cotton and corn in the history of his State now in the fleld. Deposits in the banks with which he is connected now are approximately $1,000,000 more than they were in 1924, he said Eight counties in southeast Missouri will produce a cotton crop valued at $25,000,000 this vear, in the opinion of % | Allan H. Hinchey, former president of the association. and now in charge of agriculture extension work of the Mis- souri State Teachers' College of Cape Girardeau. The crop this vear will be the big- raised in that section. said. “and in addition, water- melons. peppermint and strawberries |are bringing unprecedented profits to Missouri farmers this vear.” Building activities were described as record | breaking 'SELLING CONTINUES IN COTTON MARKET Check Early Weakness in Prices. Associated Pr | NEW YORK. August A con tinuance of the recent selling move ment sent the price of December con tracts down (o 22.99 in_the cotton market here early today. The opening wax steady 10 & decline of 4 points. and there was little buving on the relatively steady showing of Liverpool. The demand | was quickly supplied by overnight | selling orders. however. and prices de lclined 3 to 4 points after the call under | further liquidation and local | southern offerings. | Buving helieved 1o be for trade ac active around the December. however more I for counts 23-cent and th was cause rallies of & or 7 points from the lowest toward the end of the firs hour. New Orleans Quotations. NEW ORLEANS. August ton futures opened steady 2.16: December. 3%7; January, ‘hle, March, ; May, 22.76 bid New Orleans cotton futures closed steady | at net decline of 1 fo @ points i Hll:\‘ Low ot Octobs 2242 : DEFEAT COST MAPP | CLOSE TO $10,000 % | Fourth of Sum Spent on Advertis- ing, Says Statement on Primary. . HELD EXTRA FINE Buying for Trade Accounts Helpn' at an advance of 1 point | and | enough covering to! { pad-lot trading in New York stocks ; | the Raltimore Stock Exchange, and tha | fi D. €. THURSDAY INEW YORK GENTRAL MAYGETW. B.&A, {Electric Road Would First| Join Western Maryland, New Reports State. Special Dispateh 1o The Star. | | BALTIMORE. August Merger | {0f the Western Maryland Railway and | | the v | shington. Baltimore and An. | | napolis Electric Railroad and sale of ! the combined properties to the New | York Central Railroad are contamplat- ed. according 1o reports current in the { Ananclal district Rumors are thal the Aldred inter- | ests. which are credited with having Acquired a substantial interest in the ‘Washington. Baltimore and Annapolik Railroad and are believed to e still rdding to their heldings, plan to sell the traction division of the property to Interests identified with the West ern Maryland. Then the two roads would be turned over to the New York Central Entry to Capital Desired. The Western Maryland is controlled the Rockefellers. They also are holders of New York Central stock. The group is represented on the boards of hoth companies. Recent {3teady buvinz of the stocks of the| Western Muryland and the W. B. & A.{ |is sald to be in anticipation of the | merger. | 1t 18 no secret in railroad circles that the New York Central desires tn anter Washington. The Washington Baltimore and Annapolis would fur-| nish this connection. Joined with the Western Maryland and the prop. erties controlled by the New York Cen- | iral that system would have an un-| broken line from Washington vial Baltimore to the Middle West and to New York. Serves h Coal Fields. The Western Maryland serves the rich coal fields of northern West Vir- ginia. The Western Marylund and the New York Central join at Connells- { ville, Pa. The Western Maryland built the Connelisville and State Line Rail- road in 1910 for the purpose of physically connecting the properties. A 99.vear traflic agreement was then entered into between the two systems. The Western Maryland has been al located to the New York Central un der the so-called Ripley plan. Inter ests close 1o the New York Central are sald 1o hold large blocks of West ern Marvland common and praferred stocks iby largy |BALTIMORE EXCHANGE HAS SUCCESSFUL YEAR| 0dd-Lot Trading Stocks Is Review Reveals. in New York) Satisfactory Special Dispateh to The Star BALTIMORE, August week marked the first anniversar "his on i {tact that = total of 31.957 shares was | | turned over would indicate that this | {innovation was successful Ax odd-lot transactiens were sus. {pended for two months of the past vear. these statistics cover only 19 {months of actnal trading | fore represent an averagze of ahout | 3.200 shares a month | Buying orders were received for | 5291 sharés of Baltmore and Ohin | railroad during the period mentioned. ! as against selling orders for 5.295 ! | shares. indicat.ng that the buving and | | selling originaimg here was fairly welj | | hulanced. BIG CANADIAN LOAN SOUGHT BY BANKERS| NEW YORK. August 27 (#). -Sever Al New York banking houses have sent representatives to Canada to piace bids AUGUST 9= Real Estate Loans First and Second Trusts Construction Loans Lowest Interest Rates N. L. SANSBURY CO. INC. 1418 Eye St. N.W. Main 5901 FIRST MORTGAGES FOR SALE Denominations of $250, $500 $750, $1,000 and Upwards T 6%% Loans Made on Property Located in the District of Columbia JAMES F. SHEA 643 Lonuis: Ave. NW. All And Safety It°s very comforting tn (vh,év vour money ahsolutely sure that the principal is safe: and the in terest will he forth-coming reg nlarly. But it_is quite unusual to command 7% with this se. curity. We have a limited amaunt of First Mortgaze Notes—secured by northwest residential prop. Arty bearing 7%-—which will in terest the most conservative. In denominations 10 suit. Consnlt Mr. Kelley, Manager of our Loan Department. Mcxezven - GOSS ‘ R RN ot |l and there- | [ff REA! < 1415 K St. Main 4752 Men Who Think Ahead— make plans that will iree them from worry in later years. Ask for our spe- cial honklet about the most secure and satis- factory method of sav- ing and investment that can be devised. It will cost you noth- ing to obtain the hook. and there will be no ob- lig Mortgage Investment Department HANNON & LUCHS| 713 and 715 14th St. N.W, Main 2345 For Investors 7% | Joseph 1. Weller 200000 FINANC Money to Loan Secured By firat desd of trust on resl estats. Prevailing interest and commission 420 Wash. L. & Trast « | | Bldz.. $(h & ¥ X SECOND TRUST NOTES Funda available for the pur- chase of all kinds of second trust nolss. secured on D. €. or nearby rea) estate. Prompt action every case. and Transactions Co. 715 14th St. N.W. Main 3662 {noooon FOR INVESTORS MORTGAGE NOTES IN CONVENIENT DENOMINATIONS ON IMPROVED PROPERTY in DISTRICT o+ COLUMBIA H. L. RUST COMPANY 912 15th Street TAL. S1% kR | RESIDENCE LOANS AT LOW RATES FRED T. NESBIT INVESTMENT BLDG. Main “’21 e—— g WANTED! §| i FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,088 1315 F Street JOMN POOLE. Presidem Main 6888 The New York Life Insurance Company Offers tc Make First Morigage Loans on Improved Real Estate In the District of Columbia and Subunrbs for 3, 5 or 10 Year Periods Heoses Buiriness Properties 5" ON APPROVED Apply Apartments Office Baildings % SECURITY RANDALL H. HAGNER & GOMPANY MORTGAGE LeAN GORRESPONDENT Telphiome. Kain 5790 HERE'S an elderly man who depends on You've never met 1 % for a large Dominion bond issue, whirh‘ g g | RICHMOND, Va.. August 2i.—8ena- | is expected to be awarded next week. | otes | tor G. Walter Mapp of Accomac in {\vhile the government alrcady has an. ' 4 | his statement of election expenses in | nounced its intention to reduce its|Denominat of $100 and Up— connection with |‘ho g_utfm.(l;-‘r‘llnl ,pr; debts by some $20,000000. it is pos.| All Details Given Prompt Attention mary accounts for just a . sible that the forthcoming refund than $10,000 by him expended in the | gl o' will he large enough to mees | s:;’ Mr. O'Dl;nn¢". Mgz, ortgage Department effort to win the "?'T‘;!"‘é“_’" which | "' $90,000.000 note issue maturing in :\'onx‘l[n w’:i‘;;:n;:ima‘bol.u :‘:‘d; r:;::';;sempm)wr and a $40,000,000 loan fall T — i tor Mapp e g ing due late 3|0 the sum on advertising. ~Senator | "% MUe I8ter in the lear ! CAFRITZ COMPAN | Byrd has not vet filed his statement. =S > \m;; 'n‘:j‘v'.q“la::\ 50 inside of 30 days after | BANKERS AID MANY |14th & K Main 9080 Col. John R. Saunders. for attorney | F | | = general, reported the outlay of $1 OREIGN |NDUSTR|ES‘ !in his campaign. and for that sum he | X YORK. Angus ). Ten. | shows that he received the largest |tative arrangements have been mads | majority cast for any candidate and {hy > < tor loans to in | won second place for the :ll&:heu ma- | dustries in zland. France. .\um-ml | jority ever given a candidate in a |and Hunga including 3 s primary, the highest having heen that ' and fileflg(nnr‘erni.u.\n"',ht‘g:ll;x;u;:‘f";f- {for Maj. Alexander Forward for the| T Lisman & Co. announced today. fol. | ; State Corporation Commission tWo | lowing his return from Europe. Bond | i vears ago. issues for several of these foreign ! companies probably will be sold here | this Fall. 1 vou for subsistence. him. You won’t for many vears. is Yourself—grown old. 1800 Vacuum Ofl T Ven Green Gorn Market Firm. o Sobcial Dispated o The Star ¢ Green r‘\mn, home grown—supplies | = = | lmited: demand moderate, market 5 | fifm: homegrown, 5-Gozen bags, 15a20; Washington Stock Exchange ! i mostly 20 per do For this man Mohawk Val new Municip Se e usic - Master Nat Leather il ey N En Are vou playing fair with him? Are vou leav- ing some of the fruits of your present industry for him to enjoy? Or are vou allowing the Man of the Present to spend the Elderly Man's heritage 7 jes | SAL Tomat homegrown upplies | ALES. moderate; demand moderate, market| Capital Traction 5e—81.300 p0%, . 1 b | $1.000 a1 49 % . $500 at 90 % A o, A hamp- | potomac Electrie Cong, 58—3$1.000 at 100 ers, 50a75; few fair quality, fs Wathington Gax 6 A3—¥1.000 a1 103" Tima beans—Supplies 100°8t 102, By s mand moderate, market sténd & T R I T grown. 32.qt. crates. 15 20 per qt. & Elec. FRENCH FRANCS DROP. Kank Deliar Bonds at Same Time Gain : on Debt News. Speeial Dispatch to The Star Ha—-3300 at 297, NEW YORK. August 27.—Reception | GRPipal Tractipn he-p33a0 at 207 »f the news of the tentativeé agreement | 182, 10 at 1 20 at 182,10 a 18 hetween France and Great Britain for Mones—Call 16ans, 5 and & per eent funding the war debt of the former to Bid and Asked Prices. the latter was mixed. French franes rgacted, and this without any reason BONDS. A, 200. 5 at 200. o Lanston Monétvpe—I17 s ,“vn.‘v, . d Investm! nid. 200t 800 : AFTER CALL an Gas Light Washington Res. & | 178,70 a1 150 td.—3 a1 80 % PG R00! % ai a K41, 10 at 4 Dutler Co I Outlet Co nfd 21 Pathe _Ex War ower Corp N ¥ i Pratt & Lamn € 5 Purity Bak 4 A Purity Bak B 1 Pyréne Mifs Rem Noisel TCA Reo Mot _..... Rova Radio 27 Serv EI Corn 4 Sleen Rad_vic. . 280 Gas & Pow A 12 Southeast P& L1 al E Cal Ed B pi Play fair with him—by saving and investing in first mortgages through an organization which itself it known for fair plav—whose in- vestment offerings are sound and secure—and bear an attractive rate of interest. 6)2% Washi | Firat and second trust real estate notes secured on in- come-producing real estate in Washington, D. C. 18 be found in the Bank of France's | weekly statement. which showed a drpp in circulation and a decrease in advances to the state, indicating that | the new £old guaranteed loan was go- ing well. French dollar honds. on the other hand, dealt in on this side were o o & PUBLIC UTILITY 268 19 Asked. American Tel. & Telga. 4% 3 American Tel. & Telga. 4)as. Am. Tel. & Tel el tr 5+ Anacostia & Polomac b Ana. & Potomac guar P. Telephone as.. .. P Telephone of Va. 5s.. Cities Uti). Dair B wi 18 Sou Dair Rts wi ‘s Southw Bell pfd1 25t Rer Pap. ... 2 Qgand Pub € A 10 Stutz 2 VIRGINIA FIRM BUYS HERCULES CORPORATIO EVANSVILLE, Ind.. August 27 (#). —In a telegram 1o the Courier W. H. McCurdy, president of the Hercules Corporation, announces |NEW NOTES ON SALE IN OPTICAL MERGER! NEW YORK. August 37 (P).—New | fnancing was announced today by | Construction Loans Made —for long - time periods amounts up to $700,000. n SWARTZELL. EEM &HENS R lwfflmt. MW AU « dshin‘ébn.l).c. 56 Years Without Loss tv An Investor. Ci 1 Traction R. R. b8 RO Eroan B6.. .- Ganchothwn Gan 1t b8 Potomac Elec. 1st 5e. Potomac Elec. Cons. b, Potomac_Elec. 68 1953 Pot. El. Pow. g m. & ref. s, Eon Alex. & M1 Ver s Waah. ‘Alex. & Mt V. etf Waeh . Balt. & Annap LT L Wath "Rwe. & Elec. 4. Wath R trong. NEW STANDARDS FOR BEANS. Tentative standards for heans have haen issued by the United States Da- | partment of Agriculture. following 4 | series of public hearings in leading hean-producing sections of the coun- | try. The standards include 19 diff-r- | ant classes of heans and a proposed | for adoption and usa hy State and commercial agencies tn demonstrate their practicabiilty under commercial before official standards Real Estate Mortgage & Guaranty Corporation 26 Jackson Place N.W. Resources—$2,500,000 L. E. BREUNINGER, President that control of the corporation has|the Continental Optical Corporation. | been acquired by the Servel Corpora-!recentiv formed to consolidate the | tion of Virginia. The Hercules Cor.|One-Piece Lens Co.’ of Indianapolis poration is an $8.000.000 concern, man- | the New Jersey Optical Co., Jerses ufacturing buzgies. automobile bodies, | City; the Simpson-Walther Lens Co. | | gas engines and domestic refrigerat. ! of Rochester and the Aldridze Co. of | ing machines. Boston. A $750,000 issue of 2 to 10| | !year 7 per cent serial notes, con- | | stituting the company’s only funded| Aebt, was placed on the market at! prices to vield 6. i 1o 7 per cent. | PHONE NET JUMPS. - [ Maryiana Earnings Greatly Helped by Rate Increases. | Special Dispatch to The Star. BALTIMORE. August 27.--A 51 per cent jump in net revenues is revealed in the report of the Chesapeake and Potomac Telephone Co. for the seven months ended July 31 submitted to the ;Pnblk‘ Service Commission. New ex- change and toll rates effective Janu- ary 1, 1925, and March 1, 1925, re.| spectively, are the chief reasons for| || Your money | the increase i , Net income for the seven-month | period _totaled $1,216.070. compared | | with $801.566 for the corresponding | perfod in 1924, an increase of $414.504. | Gross receipts for that length of time totaled 36,356,741, against $5.484.801. | The company has 170,305 telephones | in service, against 170,579 during June. ths third straight month that the number of phones has shown a decrease. COFFEE FUTURES UP. Highest Prices Since First of Sea- | son Are Reached. NEW YORK, August 27 (#).—In- fluenced by a firm market in Brazi! following recent reports of unfavor- able weather for the start of the com- ing crop, prices in the coffee futures market here advanced sharply. Contracts for September delivery sold at 20.45 cents and December at START RAIL COMPETITION. PHILADELPHIA. August 27 (Spe- cfal).—The People's Rapid Transit Co. is preparing to operate motor hunui hetween Philadelphia and Atlantic City at rates lower than those now charged by railroads. At firat two busses wili run each direction daily. Elee. zen. fs.. 10255 MISCELLANEOUS D. C. Paper Co. 8 Pot Jamnt Stork Ld Bk Rivgs Realty 5a (long) . Riks Reals 8y (enort) | Soniher Bldz. Bias.. .. | Sane e, Cod Sorase Vie Talk Much < Walwarth Mg 31 Test Pow pid. %, West Pow Tellow Tami N MINING STOCKS 30 Arizona Globe.. 10 Butte & West. & Canario_Copper 20 Ching Ext Mines, FOR CONSERVATIVE INVESTORS 1% for 10 Years-- $700 on $1,000 QMITH Bonds now enable you to get this return with the proven safety evidenced by our record of me loss to any investor in 52 years. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY irst Thought M | orty Nine M. . ¥ 1 Kerr Lll(’e‘ Tt is a generally accepted truth that the greatest finan- cial risks are taken by those who can least afford to suffer loss. OUR FIRST MORTGAGES BALTIMORE. August 27.—It is now estimated the Maryland peach crop will reach only 261000 bushels, as compared with 81,000 last season. Tfan Apex ... AKRON. August 27.—The Goodrich 5 Wenasn Cop .11l 5 3 4% [Tire & Rubber Co. has purchased { plans and paténts on a puncture-proof tube from the Rubber Ace Co. of Chi- cago, and iz to start production soon. ATLANTA. August 27.—Nearly 10,- 000,000 pounds of tobacco have been | disposed of in Georgia tobacco markets | in the past week, bringing the sea. son’s total above -27.000,000 pounds. Growers are beginning to complain of jprices. Export buvers attribute their hesitation to the hoycott in China. 80 Shaw Mine . .. 150 Am Gold &P Spearhead Gold onopah Ext ... ono Min ..~ Tini Verde Ext strongly secured by first mortgages on improved, income-producing city property, and protected by the safeguards responsible for our long record of perfect safety. 7% Smith Bonds are sold in ma- turities from 2 to 15 years, and i || ins100, $500 and $1.000 denomi- nations, outright or by payments extended over 10 months. Every payment carns 7%. . | wardman Park Hotel 6s. | STOCKS. DIVIDEND IS RAISED. ; SUBIAC DMLY NEW YORK. August 27 (#).—Di-| american Tl & Telga.... rectors of the Motor Wheel Corpora- | Capital Traction 5 tion today increased the quarterly | %asn®PNe 3N Aividend rate on the common ntDcLiWuV):. 32 & from 40 cents to 50 cents a share. | Wash: Rwy & Eiec otd. Announcement wan made that the | Terminal Taxt e company would retire 1,250 shares of | NA e praferred stock by allotment on Oc. JY'"""@,',C"““",' . tober 1 at a price of §115 a share, | foroSrreal e bringing the amount to $1,250,000. | District . 4 . 1 | Farmers' & z : 180 | Federal-A 2 | Liberts’ | KnioNa Metrepoliian RixRS oo : PARIS MARKET HEAVY. PARIS. August 27 (#).—Prices were h; vy on the Rourse today. "‘th r cent rentes. 45 francs 40 centimes. | Bxchange on London, 103 francs 36 | erantimes. Five per cent loan, 59 francs. ‘The dollar was quoted at 21 francs 27 centimes. | &scona e G National Bank of TRUST CON GETS AFRICAN ORDER. i merican Seeurity & Trust. . ag g i i | donnental Fruaae: .. - NEW YORK, August °7 (#).—The | Yol Bav. & Tra .| Balawin Locomotive €o. announced | e | today the receipt of an export order \Wash. Loan & Frust. .. for 15 locomotives from the South SAVINGS BANK African Railway. (‘omms‘fl Savings. Fant Washington - Secirity Savings & Com, | Seventh Stree! g | Bt siaten ‘Washinzton Mechanics ... FIRE INSURANCE. —constitute an ideal form of investment for men and women who seek the highest degree of safety combined with a fair and certain interest return, pavable promply on due dates, and eli- minate all risk. F. SAUL CO. 925 15th St. N.W. Ouarter of a Century GLASS DIVIDEND PASSED. NEW YORK, Augusi 27 (). Di. rectors of the Standard Plate Glass Co. of Pittsburgh have passed the preferred dividend of 1% per cent Aue at this time. The regular quar-. terly dividend of 1% per cent on the prior preferred was declared, payable Oetober 1. Send your name and address on this advertisement for our boollet, *Fifty- two Years of Proven Safety.” PRAIRIE CUTS OIL PRICES. TULSA. Okla.. August 27 (). —The Prairie Ofl and Gas Co. today cut mid- continent crude ofl prices 25 cents per {barrel. This reduction brings top ;| crude prices of 44 gravity and above PHILADELPHIA, August Without Goods sales have increased demand here for weaving varns and knitting yarns have been freely bought by Jersey cloth and balbriggan manufac- | to $2.43 and low grade 28 to 28.9 de. [turers. Buying of carpet varns is grees gravity down to $1.15 per barrel, |Awaiting results of the Alexander | ARt | Smith carpet and rug auctions Sep- a $ ‘!ember % BUTTER HIGHER TODAY. ‘k ROCHESTER, N. Y., August 27.— CHICAGO. August 27 (). —Butter— | After several years' depression, caused Higher: receipts, 8.225 tuhi. Cream.|by unfavorable industrial conditions| 18.45 cents a pound vesterday. repre- | ery, extras, 421¢: standards, 42(; ex-|and labor trouble. the 10 large fac-|senting advances of more than half a tra firsts. 411:a42; firsts, 40a4l; sec- |tories making women's shoes are in.| cent from Tuesday's closing quota- onds, 37a39. creasing output. Twenty other fac-|tions and the highest prices recorded Egg:—Unchanged; receipts, 6,504 |tories making shoes for girls and chil-|in the market here since the heginning | cases. @ren are running at a higher rate. of the seasog. ' No Loss to Any Investor in 32 Years The F. H. Smith Co. Founded 1873 815 Fifteenth Street--Main 6464 New York Washington, D. C. Pitsburgh Philadelphin Minneapoli a Loss B. Main 2100 American fremy National Union.. .. TITLE INSI Columbia Title. | Roal Estate Trained investors alwavs huy un-l curities that have s substantial loan value. One 6f the surest methods of A ‘mining the value of any stock i#*i0 seek a loan on it. If your banker <declines to consider it as collateral Yeu can rest assured its marketability does not ameunt {o much. Name . Yellow Cah. “Ex dividend.