Evening Star Newspaper, August 28, 1925, Page 15

TRADING 15 BRISK AT CENTER MARKET - Vegetables and Frunts Are Bought for Canning. Beef Unchanged. EW YORK ber of « > August ks to rea today considers Traders were very disci thelr operations on the b and selecte whic fully disco fecting individu The outstanding high-priced issues was a { vance in Miller. Rubber, publication of earnings fc =X months of 1825. The 14 points to 198 before t movement subsided. common was carried ovement was limited Fox Iilm, class A, wen high ground at Pr | which had been u | time past in Pathe | It i 1tu Appeara morning early bu; a trife ! mmodate employes offices and the as extra ai: vegetable: Apples. pes were p s ailec made buving to li NEW YO {ing s |s | RK an official traded in August list of on the pre a ued plentiful v Am Roll Mills 0s 1 Anaconda 6. 10: & El by practically . oty 2 Beaverboard ? Bath Sl od Today's Wholesale Prices. 1 g : i Fruit and Vegetable Review. | jay's market report on fruits and | ables (compiled by the Market Service Bureau of Agricultural stes rate: demand Virginia_ang | various mostly size, e wediun 3010013 \derate: de 1100 irm: Mary Peach Prices Lower. Eastern supplies it ind light. market dull; New York, ozen crates, Big Boston type, mostly around Western sup. plies limited: demand moderate, market fairly steady: Colorado, crates, iceberg type. 313-5 dozen, 2.50a2.75. jons — Supplies light; demand ht, market steady: New York and Massachusetts, 100-h. sacks, Yellows, ¥ No. Hung: e Kiard Denmic shas op Fried 17 SorBi Bederic a6 3 Muni Medellin 8a Prov Santa Fe Rum Gove 0% 1 Siem & Hal 7 Siem & Hal STANDARD OIL Green | and White, U. 1, dull color, Sweet Potatoes Dull. Sweet potatoes—Supplies light; de- mand moderate, market dull; North Carolina, cloth top-stave barrels, yel- 1hw varleties, No. 1, ordinary quality, #mall, 3.50; Virginia, East Shore, cloth top. Shiidat ¢ varieties, No. #0 South Penn Oi1.. 50 Southern P L. 360 50 Kansas 1005 Q Kentyeiy.. 400 4 703 8 Bniy i 10 Swan & Finch.. 1400 Vacuum Oil. minating developments Goodyear Tire long, ISSUES. THE EVENING NEW YORK CURB MARKET l Received by Private Wire Disect te The Star Ofice BY WILLIAM F. HEFFERNAN. ve completed, and the appeaped ¢o ha £ bstantially from the | stock rallled recent low. The recovery across the 45 level in Kelvinator accompanted of earnings for July, which estab- lished a new high monthly record. These amounted to $206,337, and com- | pared with $186,673 in June. Radio L | shares came in for more attention, re of the|but the price movement was without sharp ad- definate tendency. Thompsom stood following | out stron getting close to 12, the first | where it more than a point stock rose | higher, although there was nothing he upward | to unt for its strensth. o further selling occurred in oil ares, but there was no disposition to come into this class of stocks on t into new |the buying side, even at prevalling ofit-taking, | 10w pric The market for newly securities fluctuated around rday’s closing quotations. ~The num- her levels smaller. in | side | not | af- uying b had or but the |s New w9 S oSty X e Mount Bradiord Ol ex Eng Fuel ex Mex Land Ol & Gas . Gulf G Pxa PR 011 Cor yck O1l Cor Red Bank Oil. Reiter Rogal ¢ Savey ( i Vonczuelan Pet. | SO R 6 new 0 pet.! INDTSTRIA Gas & ¥ ria Multg 1 An An M avit ‘ Pow & Lt n Am Pow & LU pf Am Rajon Prod FHE & 7 Amso Gas & 8 Atlantic Fru; 1§ Bolssonnault &' ¢ i & B Centnr PieCor. 1 15 Chaoln Sur &7C ¥ FAF I Dunhill’ Int) 27 Burane Mot 2 {] 2 9 1St St i FETFEITET v o Begaemcts b FFSEITETer aSnSEepiN ke S 2325853333 I P 2253 pom00000m P TSI e e eshman Cha, 5 Garod Corp Gen Jee Crean 43 Ga G & 1 G & E C & E L Pow & R I Glen Alden ‘Coa! 43 Goodyear Tira T Gould Coupler 4 2 Grennan Bak . .. 10 Hauppiness C St A 3 Hazeltina Corp 2 Hewden Chem . 5 Heliman Rich ‘wi § Hellm & Bid i 00d Rubber . . 3 Hunt Brorca " 2 Inter Contl Rub. 1 Intl Coner Ind C, 9 Intl Matoh € ofd BLERT P 25 few sales, best, 5.00. Watermelons—=Supplies limited; de- arket steady; dock per 100 1 E: -lons, SALES, Anacostia & Potomac 7 & - R. B 41 Home ode Co «ton Rwy. & Elee. Riggs Notional Bank—10 at Lanston 81 fergentha | 101 pplies limited: de-! t steady; home- ) per quart B. & 0. PUTS PARTIAL EMBARGO ON GRAIN Shipments Cannot Be Sent to Bal- o Moy —10 at “half-bushel ham- & Invest AFTER CALL. | Capital Traction B+—$800 at oGapital Traction Co—45 at | Mérchants’ Bank & Trus 136, 10 at 136, 20 at 13 Capitol Traction Co.—Jf Continental Trust Co—4 Poto: E | 1082581 timore for Long Storage | gamswsiNational iBank—_10}at | Mooey—=Call loans in Elevators, Washington Stock Exchange Linotype—10 at 191, 1 _nwa';'nnrmn Rwy. & Elec. 49—$1.000 at Hold €A Leh Pow e X, Cehigh Va! Coal. 55—$1.000 —$1.000 at 380, s113 40 at pfd—350 at City & Suburban Rwy. 5s—$5.000 at 84. & 1005, 5 at | 4 o ¥ ¥ e § Nk Yghmndize Co—10 at 41—3800 380, 10 at 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY & Telga 4, Georgetonn Gas 1 : Elec, st abou bout o bins. owever, is wed by the in elevators of | Potomse Elac : ot - & 0. | Lot Bl Fow. £, fol- | ihoh” Alex. & with | os Bal & Antap. The he expected to be other railroads ot FILM BUSINESS?:OOD NEW YORK, A S (®).—Bern Benson, pre of the Pathe | ¢ that the com f of the MISCELLANEOUS. t D. €. Paver Co. 64... o o Eand Sisrage s Park Hotel ge.. inal Taai coml TIONAL BANK "WIRED STAR FROM ENTIRE COUNTRY Retail coal | T dvanced anthracite | ton, making the 5 ove, $16 for nut and nd | Xi0o0ai Bank of Wash! TRUST COMPANY. rican Securits & Trust.. n | A i Y Banies Uave & Tras rast Tu.m & s total of trappers o whic ax. of whi e ‘!mnh Wash ~The Cen for 1 BOSTON. August ome Sewing Machi or to a sale of its ction next Monday TITLE DETROIT. August white | Colambia Tigle.:. & 'and lsan bacvest In Michiges o | Bes s t B g Lo ulk of t starting today. The bulk of the | p ¢ paper rop is said'by observers to be the “,,,.,,.,“.'rflm. & Siorage. est ever produced in the State thater, Tinotrpe. HARRISBURC August 28.— Veather has been favorable to corn in is State and the early varieties are :turing rapidly. Laie potato vield ‘romises 1g bs light, der N P [ 51 {4 butch Marke Oid Duich Market o Lanston Monot Pty Storase.. | rington Market.. INSTEANCE 7 Swift Intl Swift & Co o B FEPESLAIE S SFRFPELT Prod Expt.; PO R R, e 2 Tubha A°S B ot 19 Dilon %rzmg 81U hited & & T nied £r % 2 Dniver Pie Bft Sha Chon wi ® R T FAPSTERER B aREGioum o oD T L s o) STt P AR ot et BT MINING STOCKS 20 A1z Globe C Kay " Copper a{nndp:rmlc? 18 Ohto- Cop, r,ngum‘um o & Prem 143 Red ’w'-r- Sor L Utan CALL MONEY LOWER. NEW YORK. August 28 OP).- - easler: high. 433; low, 4 | rate, 41z; closing bid, 4%; offered at | 43 1ast loan, 4: call loans against ac. ceptances. 4. Time loans firm; mixed collateral, 60-90 days, 43,ad%; 4.6 ig2." | months, 4a4%; prime mercantile 9% | paper, dad%. —_— Tllinois. Twenty-third State in size. ranks second in the production of sorm, wheat, hogs and poultie Ape; EOOTTON QUOTATIONS publication | {in com | than during the corresponding period | Marcur_Bank uhn 5! “ i of this | $1.585.134. | MARYLAND CROPS STAR, WASHINGTON. D. ¢, SLIGHTLY Lowm] RUSH OF FREIGHT Comments Are Day's Chief Factors. *Frunt Vegetable, Gram. Coal and Steel Shipments Show Prosperity. Br the Associated Press ! NEW YORK, August 25.—Tnitial de- | clines of 5 to 8 points marked the| opening of the cotton market today.| Active positions sold about 5 to 10! points net lower during the first few | BY J. C. ROYLE. minutes under overnight selling orders | special Dispateh to The Star from the South and local pressure in-| NEW YORK, August 25.—The| spired by relatively easy Liverpool | railroad frelght movement of the | cables. There was some bearish com- | country today 1s approaching its | ment on tho prospects for week end | zenith for the vear. Freight, ae. | figures showing a heavy movement, | cording to dispatches from varlous | but ofterings wero lighter than recent-| {71008 Tecelver toay. O bOng | ly and after easing off to 22.93 for| cost to the roads t Defore. December prices held falrly steady at | The heavy volume the end of the first hour on Hesusoyenibur buying and covering. ght car loadin New Tork cotton futures clused vear will exceed 50.000 cars st ‘net decline of 19 to 21 points High. Low is nd an ever f shipm ted that | e Huge Fruit Shipments. In California and Arizona ove i ready have been load The peak of | deciduous fruits is approaching. the | movement being estimated at 50,000 rs, about 15,000 of which have ready been handled. The Californi grape movement Is estimated At 66, 000 cars and most of it must be moved in a perfod not much over a nwmh.’ Shipments of cannery fruit are esti mated by Southern Pacific officlals at 76.5 per cent above those of last vear at this time. while the combined fruit | and vegetable traffic is approximately | 20 per cent ahead of 1924 unt ot being | from Close. January 3436 December . Openting 0t Quotations in New Orleans. NEW ORLEANS, August 28.—Cot- ton futures opened steady, October, 22.05; December, 22.30; January, 22.35; March, 22.63 bid; Ma: New Orleans cotton features closed atoad: at pet dex r iyl above ton's | & wheat crop is ed that of 1924 by { when final returns are in. Barley | {and witl do their t to swell | carloadings. Washington And Oreg ] apple orchards promise to produce a heavy crop in s vear when yleld in manv Eastern states will be small. In the Middle West grain and grain products shipments are proceeding at | a heavy rate, approximately 55,000 | cars a week, and the corn crop will| keep thousands of cars employed for | considerable time to come. | Potato Output Steads. v t from oty State nto cffect expected to ex- | 30000 hus .m‘ IN FINE CONDITION Slight Frosts in Western Part of State Fail to Do Any RBeal Damage. Spectal Dispatch to The Star. BALTIMORI, August 28 —Degpite | a lght frost on August 22 and 23 in Western Marvland, the past week was another f: e’ one ng the report | T cellent Mic and bl | 0 N Nper rean chier “Corn d promising early w \ and late earinz. IHarvesting rieties of apples, ¥ he. and tomatoes. Late potatoes, ing west of the Chesapeake Bay, sweet potatoes being dug on the Eastern Shore. Cutting early tobacco begun; | gardens, truck and pastures good con. | dition generally. = HET LUMBER ORDERS MUCH LARGER THAN YEAR AGO a mra,~ 1 0 > zrading Thursday | the East and Middle though in e locali ears | not as heavy as in some previous sea- = iy ¥ as ome previous sew d In the manufacturing States freight loadings are reflecting the steady healthy expansion of industrial ope: tlons, "approximating 260,000 cars a week. Steel and automobile shipments are exceedingly heavy at present. Bullding materials are being rushed to various centers. Shipments have been so heavy along the Florida East Coast that temporary embargoes have |hoau placed in effect except on fuel | and perishable goods. I Moving Rapidly of casonal According the National Assoclation er softwo the w fon reports recef mber Manu from 1 mi ended coul hi demar ws about bus cotpared the pr Increases were artson a year ago nthra sted in all with the same 1oy e apesdi) with which these problems of trans. portation and distribution have been | liandled by the carriers have been due to the increase in operating eficiency. In 1820 it required 197 pounds of coal to move 1,000 gross tons of freight one mile. This year this amount was cut to 170 pounds, & fuel saving of 13.7 per cent. Since 1920 the loss and mage item for the class I roads s been reduced from $119,87%,127 a vear to $41,381,000. Total annual op- Tact erating expenses for thuse roads has period B.&0. EARNINGS AHEAD OF SAME 1924 PERIOD Special Dispateh to The Star. BALTIMORE, August nues of the F d Co, 28.—Oper- Itimore and |} for July amounted increase of $2.19,- | red with July of £ expenses also i to curs. ex ires for the correspond 1e of any previous years. ablishment of mall and express | ne service in the Southeast and | | vear airp! to Cuba and in the extreme South- west, announced today, will not af- fect bulk shipment of commodities. EIRS S UITUIHOREADY. But it will enable freight shippers PHILADELPHIA. August 28 (Spe-|especially growers of citrus fruit, to flal.—The administration building of | control distribution of their products| | the Sesquicentennial Exposition is|io better advantage expected to be ready for occupancy in (Genoslght September. Tt will cost between $30. | oo 600 and $70.000. 4 MRS, | Your Banker hnows. ? | When in doubt about a security| RATES ON BAR SILVER | consult your banker. Tt is equally as uch his interest as yours to protect | our sa You trust him with| rour deposlis—why not trust him with ! ‘our investment problems? of last year. 1925.) N W_YORK. August (#).—Bar | ! silver. 5412 \h-\‘c’\n dollar GEEMAN BONDS AND STOCKS Gen Elec 41,8 1918 n 48 pre-war. .. Ham 3s. 3155 & 48 pre'w Hamburg Amer Line 4145 North German Lloyd 411a North German Liovd. ... Prussian Consols 3. Krupp Bs 1021........ Dusseldort 48 pre-war. Frankfort a-M 4s pre. Munich 4s pre-war. Badische Anilin.. ... A E G (Ger Ge Eiéc) Commerz and Privat Bk Disconto Gelischaft Dresdner Bank..... Deutsche Banx Darmstaedter B: 343333 Ready Money for legitimate investment 1f you are needing funds for development of business or property—we have money avail- able for such investment—Gar- ages, movie theaters, churche, etc. Where the conditions are right and the proposition is com- patible with good business judg- ment we will make loans on ill appeal to you as 305350 :aonego—" 33335338 2Rk 22333 Vienna: AL CAPUTAL ~NTO) & MOVING (0. Houeehold oo s, al and Dist & SHIPPF XPIRT PACKL Ratex. Good Work. Free n_vour proposition—: mpt Consnit Mr. Kelley, Manager of our Loan Department. MCKEEVER =GOS ad to entert 1415 K Sl.‘ M-in 4752 R S T e TS T S TSI E make new cus- tomersTightalong —and a good many of them from day to day. They haveconfidencein us and in our products. Jacobs Transfer, Inc., Gl cnn North 9500—9501 & MOVING STORAGE KRIEGS> XPRESS PACKING SHIPPING &ISEYE ST.NW WAIN 2010 Tounded 1006 HIRES TURNER GLASS COMPANY (Roasirn) FRIDAY, AUGUST ts 18 by | [} | 28, WE FINANCE —all classes of tncome-producing property Large Louns a Specialty Current int. rate and commission. Higbie & Richardson, Inc. ‘. l]fnlh St. NW. We Buy First and second trust real ; estate notes secured on in- | come-producing real estate l in Washington, D. C. | Construction Loans Made —for long-time_ periods in amounts up to $700,000. | Real Estate Mortgage & || Guaranty Corporation 26 Jackson Place N.W. Resources—$2,500,000 L. E. BREUNINGER, President Pubhc Service Uorporation | of New Jersey Dividend Neo. 73 on Commen Stock Divicend No. 17 on 8% Cumulative Preferred Stock Dividend No. 11 on 7% Cumulative Preferred Stock The Roard of Directors of Public Service Cor- poration of New Jesse, has declared dnddends x the rate of s o Ure A% Cumas quarter ending Sep:ember Gends are payable September 10, 1933 (0 stk - bokders of record September ¢, 1934 T.W Van Middiesworth, Treasurer Stocks Bonds We Buy and Sell Listed Securities. Outright or on Margmn. BUCK & CO. —BROKERS— Established 1916 Evans Bldg.. 1420 N. Y. Ave. N.W. Fr. 1300 Write or Call for Weekly Market Letters 32 Years’ Experience Homes and Property Management ! B. F. SAUL CO. Main 2100 925 15th St. \\\\\\\\\\\\‘x‘\\\\\\‘\\\\\‘\\\\\\\‘\m\“ l | All Details Given Prompt Attention FINANCIAL. MONEY TO | s et LOAN Previiling interest and com: Jn.eyh 1. Weller «nwm..x..rnn —on First Mortgages on im- proved property in Washing- Bide.. 9th & F N.W. ton. Current rates. Prompt REAL ESTATE LOANS M service. S51% gpiiEet [SHANNON & L,UCHS] RESIDENCE LOANS AT LOW BATES | 713 & 715 14th St. N.W. FRED T. NESBIT | INVESTMENT BLDG. Main 9392 | FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President For Investors 7% Flrst Mortgage Notes Denominations of $100 and Up— RUST NOTES for the pur. -ond trust or nearby in S . O’D. i, Mgr., . ';,:,','.a" D’::;"me,:r Washington Investment and Transactions Co. 7153 14th St. N.W, aln 3662 b4 < * [ & > < * 99000000900 ® Main 9080 20““ 6%% GOOD. sound investment at a fair rate of interest, without risk of loss. Secured by double its value in choice Northwest section home properties. 14th & K i First Mortgage Notes Consult Mr. King, Mgr. Loan Department ROSS B PHELPS THE 1417 K Street . HOME OF HOMES Main 9300 JOHN JOY EDSON, President Organized 1879 $5,031,811.86 FRANK P. REESIDE, Secy. 15th YEAR COMPLETED Surplus .. ... $1,352,749.93 Subscriptions for the 88th Issue of Stock Being Received Assets Dastou ContRecll cazamee ) PER MONTH u do today counts e the of your opportunitics soon sn the Equitablc and your yesterdays wsll bring no regrets. 915 F St. NW K S S SR L R O R Y T S TR URRNR $925,000 Produce Merchants Office Building Chicago 1st Serial 6's This issue is secured by a new 10-story office building to be erected on a desirable corner adjacent to the new Produce district. The new Prod- uce District is recognized as a complete success, and there is | real need of an office building to take care of the business of this section. Yield: 5.85 to 6.15%. Ask for CIRCULAR 592-G 'SW.STRAUS &CO. | - Metropolitan Bank Bldg. Washinzton. D. Teohone Maih 3847 43 Years Without Loss To Any Investor 1@ 19958 %. 5. 2o Ine. Mortgage Notes— Secured by Impraved Real Estate In Washington Worth Double The Amount Of the Loan— Interest Rates Today 6% %— Denominations of $100 to $5,000— Partial Payments Received— Mortgage Investment Dept. Ao & T 713 and 715 14th St. N.W. Main 2345 it R I RO APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Lecated in the District of Columbia and adjacent Subwshs in Montgomery County, Md 3% INTEREST Apply 10 H. L. RUST COMPANY LOAN CORRESPONDENT ®h4e¢ PRUDENTIAL INSURANCE COMPANY o AMERICA 912 15th Street N.W. Offers to Make First Mortgage Loans on Improved Real Estate In the District of Columbia and Suburbs for 3, 5 or 10 Year Periods Apartments Offico Buildings Heuses Buriness Properties 5%% APPROVED SECURITY Apply i RANDALL H. HAGNER & GCOMPANTY | MORTGAGE LoAN GORRESPONDENT )