Evening Star Newspaper, September 1, 1925, Page 27

FINANCIAL: THE EVENING. STAR. WASHINGTO FINANCIAL. 1 (999 Stocks Now |W., B &A. STOCK NOW | Listed; Include | HIGHEST FOR YEAR| 73 New Issues!- ' i ! " BUbINESS RUSH'NG Both Common and Preferred Have N O e s s | YMore’ ThasiDoupled in Past FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President prominently among the oil shares crossing the 9 level, It was difficult to account for the heavy unleading of Prairie Oil and Gas which carried the price down from the Monday final of 52% to 49 The new Mu-Rad Radio was taken at its high of 5, but sharp reaction occurred in Rova Radio carrying the price to 215, & new low record. Elec- Increasing—Chain Stores tric Refrigerator shares were again | Difficult Problem. active, Serv-El Corporatiéon subse. | quently pushing through the 30 level o B e on a large turnover : Other features were Gillette Safety BY 4, C. ROYLE. Razor at a new high, up more Than | $pacial Disnatch to The Siar five points. Union Carbide up almost| NEW YORK. September 1.-The movement of goods through distribu- two points, Middle Western Utllities ) d i h General Gas up three and « half and General Gas | oo T B BOOCE DHCOE T L8l iat an Buying | and Electric up six points, power of the public is on the increase. | The general course of business is up. ward. Those are the conelusions volced today by rapresentatives of 800.000 traveling salesmen gathered here for the convention of the Na tional Council of Traveling Salesmen’s | Associations The judgment of these men sents one of the h tail and wholesale come into closest contact with mer chants in all sections. and their living depends on the amount of zoods thex | can sell. They ave confident that the Fall will ba an exceedingly prosperous ona, followed by a holiday season that promises to establish records for vol ume of trade Steady Buying Noted. "he salesmen base their conclusions v ; | less on the volume of goods they have sold for the coming season than on the financial situation of the inhab. itants of the country into whose hands the goods eventually will come. There is a distinct disposition to buy, they ssert. especially on the part of the agriculturists, but there is no wild buying and no “"hoom’ times are éx pected. Merchants are in a satisfac- tory position since their Summer trade not oniy held up well, but prices were such #% (o insure a fair margin of profit Further stabilization of prices ix predicied for Fall and Winter by the salesmen Fur Sales Very Heavy. August depariment Sior many localities were slightly smaller than those of July. hut there was a sirong response tn special hargain of: ferinzs. The volume of fur garments sold at August sales this year in all | sections veached a point seldom sur passed in the pasi. This Fal prom- ixes 10 he ona of the moast active pe riods the shoe stores have experienced in years It is an indisputable fact, according to the réad men. that husiness in weolen and worsted goads is improv- ing. Merchants are buyvinz cotton aoods for nearby delivery more fresly, and the industry I definitely on the | e Falle acreage of Winter wheat upgrade. The diffculty in selling! an above that sown lasc Fall- o ")‘.‘0‘;' EO';"( 1;'1‘1 not in finding custom- ! Reviewing the kev l‘ ~m“i‘ briefl ut in flling their orders when | "GeCINoE The kew veglons y taken. While makers of ravon have et ,'_n"n,,.k:'!”:::m;:n:a slightly ! announced that there will be no in- | a0l ‘SCnert e ey crease in prices for the fourth quarter | JERNIYE0 CEET =% and veg of the year, jobbers and makers of | | ¢ In better spirits than BY WILJ l TAM F. IIEI‘ FERNAN. PRICES DRAGGY ! NEW YORK CURB MARKET i Received by Private Wire Direct to The Star Office ATCENTER MARKET - ‘rnmm atively low-priced b‘ngeol Man- | ufacturing was the outstanding fea- | ture fo the dealings on the Curb Ex change today. At the high, well above | |14, it compared with the previous closing of 10% and had more than doubled its selling price from the mw‘ of last week. The company Is engaged in the man- ufacture of high-powered motor | busses, motor trucks and .tractors, | and it is understood, negotiations are | pending for a merger with J. G. Brill | of Philadelphia and Hall \('\Pll Motors, Light Ram Great Help to | Public Buying Power Found Nearby Crops—Lively De- mand for Fruit. To help you make read- justments in holdings demanded by changing markets or by change in your own personal cir- cumstances — that's one function of National City analysic and advies Retyrn Teat ¥ business is of hot weather made mar. trifie dragsy. Big expected until the | end of the on seasan. however, aecording to dealers. and merchants | Inc are not disappointed over prevailinz | Mexico and Arizona Land stood out conditions. ik i Lasi night's rain is expected (o h»‘ NEW YORK, September 1.—Fol-| of reat assistance to growin crops | 1oving is an official list of bonds and and increase the already . out-|slocks traded in on the New Yark | "“““!’“ 33 put, of veketables. With mmc(sbdik‘"rb Market today: Sl sk e 'x'.'“mq" receipts, it is stated, there is hardly ) any likelihood that prices will crease Displays of fruits and ntinue to attract much attention Dealers repart a hig demand for | Rrapes. peaches and pears, Price| & 8.6&W 1] Vanonueiin " Per of peaches has advanced the past| 4 Beth Stel : wn weeks. The local erop this Fan| 14 Boston & 2 9 ¢ I promises to ba amall. oy Ty [ e 3 9 Am Gas & El pid Today's Wholesale Prices. | < Am Haxajian S 5 Rutter—Faney. tub, 49; prints, | | Am L & Tra Am I, & Trac ofd store packed. 29adl. Egzs—Fancy selected, Am Pow & L n average racaipts. 1Am Rason Proy 2 Am Superpow Poultry: Alive — Spring 2. small, 28a30: heavy Arm aC R Armour Ten nid x Auko Gar &' Flal " medium ofowls, 18220 duek turkeys. 11a12 AT Fros Atlas P © Dressed —-Sprinz chickens. mall turkeys, 30; oisson G ¢ or Co bl ex div i prasiiian T Tta ridgeport Macl BrAm Ton Foy zeese. 15, Live stock—Calves, Spring, 1313a14: hoss, 14al5. Meat — Beel 18; veal, 15: Spring 32. hogs Wmeon R flambs, 30a3 21a22: loins, 6. smoked shoulder, 20: hams, 30 conditions a not — extraordinary rate, g0 Po B Lt B 9 Mex Panuco 15 o * Y| Salec in A in- | thovsands. 4 Allied Pack s 28 Am Gas & B Tt Am Pow & Tt 68 > Asso G & F be. . .u Stm Hrd 134 AG&WISS S Bear R ok ol O sliraner 88 Roy Can 50U PR Savox Oil.. Sun Ol . B oy Fei-GE e omaSi S vezetahles | | repre t harometers of re trade. since rhey ES v S 25530 andled, By tha Associated Press Thé agricultural situation generally is viewed by the Department of Ag-| culture in ite Septembar review as| promising one this year for the| REAL ESTATE LOANS si‘ % APAT)‘I AN!TOUNFQFI AEARES T TROFERTY RESIDENCE LOANS AT LOW RATES FRED T. NESBIT VESTMENT BLDG. Main 9392 | o Rlreidondal] S000: 32 chickens: | X fowi Surar s . Ice Cr 64 1Gén Pet 65 2 Grand Trunk 834 & Gulf Oil Corp s LLiz Win re en 12 Lone Tal L S, 354 = 208 seese, large. ducks. 3320 » one of of vour - IEEeIEEensT S33255335552 o on Bl C (Ale 11a1115: lambs, | Zeooi i3 - offering but relieve NOTHING notes Partial payments may be Sacks N FEESERE Pure Oil Co #% h R E 1lst pf 1 [ 12 3loms Sheft os. i Sou Cul Ed b SoE D &L 68 wi Stan M Cor 513a S0 N Y 6ign Swift & Co Transco 0% 25525 F=22%: ete Fruit and Vegetable Review. e shich Today's market report on fruits vegetables (compiled by the | ket News ice Bureau of | \zricultural Economics) sava | Apples—Supplies liberal demand market steady: Wast Virginia, baskets, Rambox 00: A neh. 1 and Virginia, various large @ize, 1.30a2.00. small im size. 50a75: Virginia. barrels, A 23 -inch Fall varisties, xan.;snd Cantaloupes—Suppliea libera . i ° mand slow. market dull; Delaware. FORBIGN Salmon Tints, standards. 36s and 1 Alpine. Mone & 178 ¢ 15022.00; Colorado. Salmon Tint 3 9 flats, 128 and 158, 65a Pink Meats 17 RR 7 6 3 fl i as vou 23 | New York Stock Exchange now has Five Months. stock issues. Seventy-three new | g, ) Dispateh to The Star. g stocks have heen admitted to trading | AL TIMORE, September | past vear, Stock Exchange members say. has fosteved the growth of new |and the preferred at 23 reached the | {highest levels of the vear yesterday.| The issues have more than doubled in ! ket has stimulated the demand for {market price In less than five months. | the listing of additional securities. The first movement in these stock i S woseden s First Mortgage of substantial blocks by J. E. Aldred | and moclates, i for the common and 2114 for the pre.| Denominations of $100 and up— Offerings for Sep- terred for a lonz time. The Aldred | All Details en Prompt Attention tember awaits vou not hid for them, hut quietly amnr»n} them as they were offered. | 3 i | Last Telaphone—Main 3174 LU CTIT AN T o e oSl CAFRITZ COMPANY e ¥ " 14th d Farmers Getting Better — the Western Maryiand. Since then | the sharas have displaved marked | ative purchasing power of farm, without endangering inta the safety products in terms of non-agricultural | At 100 oA “Agriculture is getting an injection | THE FIRST MORTGAGE NOTES we are WANTED! the public are not only unquestionably SAFE, weather rather than from consump- vl 7 tive demand.” savs the review. “In SECOND TRUST NOTES . #ecured on D. C. or nearby want and leave the rest to us te. Prompt action in arranged. listed for active trading the record s F I tor Changing Hik i S Sl EARSISR Tt 1 v For Investors enterprises, while the broadened ‘pub- . [mhich carried the common, from 3% i When the transaction was com.| NOtes Igroup Is sald to have acquired addi See Mr. O'D. . O'Donnell, Mgr., ; » 5 ¥ The National City Company week a report wAs Gurrent in !the New York Central contemplated | Prices Than Year Ag0. |Aimness and sradually worked higher. | l_“‘ L sl oyl e gy s o mmh or the full amount of the original purchase price, of price stimulation—a stimulant un-| i | the investor of all details of collection. 80 far as price levels means income | ey STRiatle; for U oy | every case. total of 999 common and preferred - 2 provement in business durinz the | ¢ tric Railroad common selling at 16% | | Needs lic participation in the financial mar- ito 161, and lh! preferred from | %, wa IS HEI-I] PRUM'S'NG pleted the shares hung around 14%; | Gopy of our Band 1! o rda.. -1 id | |tional stock at these Azures. 1t di s ek Dot s Washington—741 15th St. N.W. | abserbing both the W.. B. and A. and farmer. The summary placed the rel with a fiveyear pre-war level flx-d'“.' 0000000000005 vou invest the same through us fortunately brewed partly from bad CAN BE BETTER Just pav for chase of all kinds of second trust : 3 for thix season's products they repre- Ser sent a real bird in the hand. In so fas as thev merely sérve (o beckon pro- | {ducers into a still heavier acreage of | {wheat. cotton, corn. potatces. along | | with more hogs. cattle and sheep for 1926, they represent a dubious substi tution of the promise for the fulfill ment Washington Investment and Transactions Co. | 715 11th St. N.W, Main 3662 20000000000000003 Wheat Ountlook Promising. ” - e Sominei whech. Soatisn Money to Loan | yather a tight one. There ADDEATS 10| xecured b firet doed af trust on real sstats. be littie wheat to spare éast of the | Prevailing interest and commission Rocky Mountains. The country """’{Jeuph 1. Waller l| 2nd Trust of wheat has been runniing around 30 Construction LOANS cents above last year and is evidently high enough to stimulate production Unlimited Funds to Loan sales in v 138 ; o O | 3 3 9 urtiss Asro M [ § ¢ ! Srt R ens 3 hid Mortgage Investment Department bushel For R ¢ vic Dubilier € & R Durant 5 V9006060004 s R Secure Co. an 2345 Eng P ser PP pt Fageol Motors Co Pageo] Mot nid Film Inspee M Fora MaP%r Can Fax piciuies Freshman Chas. Gund Cérp. . BONDS. 12¢ and 1 Grapes—Practically no supplies én market, no sales reported i Lettuce—Eastern supplies liberal A“\‘,u‘;;; s demand light, market dull; New York, rov ganta Fe 7 5 2.dozen crate, Biz Boston tvpe, rov Unp - Aus el % 133 1% 3 R 75, few §5; Western supplies light: | "’::',::fi:, . vlar;lAHe:!nCunl Aemand moderate. market steady 7 Soivay Co s Goodsear Tire Colorado. crates, lceherz type, 3% |3 Sies Gove 53 Gould Coup ox a dozen, 2.50a3.00. wsen 1 & ennan Bak HH Onion Market Dull. % gt Cong B, ol Kem Denmk King Neth e EEEEEBEB Capital and Surplus $2.000,000.00 We’re Bankers to Reports indicate Intentions to increase || 1St Trust 8 Apartment Houses Business Property 6% and 615 % and 'm & & C'R o"% Pow Tt 6 Hipp C Stor A 1 Tokio Elec o8 s % Interest Consult Onions—Supplies moderate; deman; slow, market dull; Massachusatts, 100'pound sacks, lows U. 8. No. 1. best m 3.50: ordinary conditfon. 2 Peaches—Supplies heavy: moderate, market unsettled: Ne bushel baskets. Elbertas. best few sales 2.50a2.75: overripe. sofe, low ag’ 1.50: Hales, large size, few sales 3.0023.95. Porators moderate 130.porind Aemand Iersey. _Supplies liberal market stead Irish Cobblers Sal single shares. SRR 3 Hazeltine Corp 13 Hexden Chiem”. © ilman Rich pi 2 Here Powd bl . 00d Rubher fiom & Hardart nter Contl Rub 3 Int Conor Ind C Bint Match C pf n STANDARD OIL ISSUES Anglo-am Oil.. . 224 00 Borne Scrymesr | 238 100 Chesebrough Mfs 64 3700 Cont_ Ol new. 78 Galena Stgnal 'Oil 600 Rumble Ol & R 600 Im 0 of C b ex-d S latern 1i1) K Lt Pet Co Lid 13 Johns-Manviile Oluio 01l : % Kelvinator ¢ 000 Prairie O & G W 2 Kraft Cheess 70 Prairie P L 5 Leh Pow sec vue Solar Refining | 3 i 1, Cohigh Val Coal South Penn Oil.. 154 " D Lenigh val CNC L 2 5 Lahn ‘& Fink | % Lo Owens S & Y Lib RC Stre 3 Mastae Co ngel Rox ol RKansas : O Kentucky... . O Nabrasks 3 E 1 diana rayon fabrics may demand premiums, because they have the goods to deliver that the public wants. Consumption of genuine silk has been heavy and | the silk zoods industry now fis work- ling at an extraordinary high rate o | capacity to All demand { Fighting Chain Stores. ] In =pita of the encouraging condi ! tions, traveling salesmen say their lot |is far from a bed of roses. Their cus | tomers are Aaeply concerned over the lineursians of the chain stores and mail-order houses into their business. last not vear year. Apple in quite so ago. Cotton and Corn Good. “South: Cotton has done well, gen erally speaking. except for the drought section of Texas and portions of Georgia and South Carolina and local | weevil and weather damage in the| Missizsippi Vallev. The for a large total crop and good income to the cotton belt. Drought area of south central Texas hard hit: consid #rable exodus of farmers and lahorer producers perhaps g00d position promise is| Loan Dept N. L. Sansbury Co., Inc. 1418 Eye St. N.W. Main 5904 Over 45,000 — INDIVIDUALS—proof positive that our service leaves nothing to be de- sired. fDeposits invited in any amount—Same Rate of Interest Paid on accounts, large and small Open Unts] NI vGreen Mount: Michigan, 15 Rurals, U. S Awaet potatoes—Supplies light: de mand light, market dull, North Caro lina. cloth-top stave barrels, Yellow arieties, No. 1, 3.00a3.50 Watermelons—Supplie mand slow, market weak Virginia, bulk. per 100 melons. Excells R \\,,,,“c,\,%[, nd Thurmond Grays. selects, 26.00a Gliwon O8N Cor 3 North 0 Pow © 00; primes, 5 - of Pa 1 Xor ont L& B. 0 ApaRea S0, DeIb 0 - 2 Yor States' B Nor §1a P € wid \omn Tract vtd 10mni € vie 1 0itet Co ptd. 8 Pathe £x fae & Penn’ Wat Pow ¢ 14 5‘\ Bow Corp N Y att & Lamb © [ A ak A 15 Reo Moter g s ) e reported theréfrom. South as a whole 1in relatively favorable position ‘Corn belt: Good corn crop in sight if it escapes an eariv frost. Probahil fty of general increase in feeding this If you Winter. With live stock prices en. dollars of ijdle money—we've couraging and grain ample, the region |l an issue of First Mortzage distinctly optimistic. Notes—on northwest residential Stock in Good Shape. PEPURES o KNI ot v ““Wheat belt: Discourazed by drought | effects but heartened by prices for wheat. Region fairly optimistic ex- cept in Southwestern area, where crop practically failed. Range country: Ranzes generally zo0od and stock in good shape except in South and in other local areas. Some | signs of hope among cattlemen at ad vances in heavy steer market and re. viving feeder demand. Cattle indus- try however, is in such position as 1o require considerable stimulus for general revival. < L Nertanelie sy Y 15 30 Weat Do atum On % Miiler Ruboer [NDEPENDENT o1 £T0TKs 11 MR R " hards 15 Miisic. Manter € S at Pow & Lt S0 are tha =alesmen. since the sales. man who caters ta the retail trade is aut of it with the chain houses. Serv ice fs the weapon which most of the | retall merchants are using to .combat | their mall-order competitors. In addition. merchants all over the h country have adopted the policy of | '# buying frequently in small lots and of declining to commit themselves { heavily for future commitments. This. | | the salesmen say, makes their work | { very diffcult. Either they have to cover their territories more frequent- 1¥ 15 secure the same volume of or- ders, or they must so thoreughly sell the customer and impress on him their own pe: nalities that he will continue to reorder by mail even if the salesman is not on the ground | when he needs more goods. Road Sellimg Speeded. Road selling his speeded up its pace | SNSTa} revival. [sverywhere. the iravelers maintain.| Ganeral coast mfdf""‘;"_”;:fi;gfif"lw the use of automobiles by salesmen }COTTON 's sTEADlER IN TRADING TODAY Interesting to Small Investors have a 5:30 PM. Today Nati onal Savings & Trust Co. 58th Ye EEREIE E N R E R Maracaiho © few hundred © h A BID DD RN BBDU IR e o S 1 Aria ON 15 Carin_ synd 13Cit Serv "gew Gt Serw Buts. 3 Coranbian: S 1 Erown Cent P onen A \ b Ser B AN'Y Merchandise 5 Niek Pl new wi § ick Fonw ot wi izer Co 2 D Oldest Savings Depositorty in Washingtan Cor. 15th and New York Ave. E The New York Life Insurance Company % i heavy: de r: dock sales s AN ‘i aying 7 ?/10 Interest —that tion The Talk with Mr. Xelley. mana- ger of our Loan Dept.—he’ll give you detalls. MCKVE-J GOSS ‘ Reattors is worthe of We'll voneh Tomatoes Bit Cheaper. security corn—Homegrown receipts lemand light, market 5-dozen a33 doz- | Washington Stock Exchange| fir { irm AT Green lzht hamegrown, o ¥ Tomatoes—Homegrown receipte lib- sral: demand slow, market slightly weaker: 15-bushel ham pers, 40 Cucumbers. mand slow, ishel baskets ba; Washington Gas 68 33—$1,000 at 103 % Washington R wy. & Elec.'£. & 1. 84— $1.000 at 1 ‘Muplul Traction Co.—20 at 100%. 5 at & Elee. com—10 at 13 Rova TRadio 4 Singer Mix Washington' B mer ;xa.—m PO Union Trust Co.—2 at Firemen's National Mtge. & Invest. o) Caulifiower.—Supplies light: demand AFTER CALL. 13 Sou &l light market dull: New York. dozen glfoshington Rwr. & Eiec. pld.—10 41 Sou Dair A Wi crates, 2,00 i 78 Sou Daw B w Pears—Supplies liberal: demand a'v;‘.‘y;.‘-. Traction 35—3500 at 0. $1.000 x: gwwbfil»rn':;m‘,' sfaw., market unsettled: New York & Elsc. com —2 at 177, 128t Regis Paper. hushel bhaskets, Seckels, fe T "41—%1.000 s'lfld Mot 50: Bartletts Clapp Fave. Stand Pub © A 3 19533600 at mostly 2.25a2. f. 1SR T NEW COTTON MARKET OPENED IN LIVERPOOL LIVERPOOL. September 1 (£).—A new futures market for empire-grown and miscellaneous cotton was formallr onened at the Liverpool Cotton Ex- change today. A fair amount of trad ing in empire cotton was done during the first hoprs. A. A, Patten, vice president of the marker. in 2 brief address at the apen. | 2L SR 8 M2 ceremony. expressed the belief | &7k £ 'Tiiephons Ba. that Gn time the mew market would |C. & P Telenhone of Vs fon . Fapital Traction B. R. By iperseda the American futures mar- | G2l HIsChon B ket Georgstown Gas 1t Botomac Elec. 1ot oy EoiSmac Elec. 8 1085 Offers to Make R First Morigage Loans s ad v nsurance Co. —1 a2 E3mTound Pk 1650 % o4 | 2 s.mm-m P&l 118 E P & L nw upplies moderate; de- arket dull; New York, 7581.00 1415 K Main 4752 on Improved Real Estate FEE 34 |and by the introduction of bus route: They are preparing, as a result of | their present meeting, to make & vigorous fight for better rates, both trom railroads and hotels. in view of | | the increased freguency with which | | they ara compellad tn visit their eus- | | tomers AR ETnde Buying. Covering and Good i Liverpool Cables Help L. 600 INVESTORS GET g | $10,000,000 PROFITS |, .. oo v In the ey First Trust Notes | Secured on High-Class District of Columbia ington Rws Potomar Breric £ at 107 Potomar Elec. Light 6s 1067 Lanston Monotype—15 at A4 NMarzanthaler Linotype—10 at 1871 T'NLISTED DEPT. Chapin-Sacka 8% nid—] at A7%. DistritTitle Insuranes Co.—8 at 1% Washington Title Insurance Co.—6 at 8% Tubize A € B vie Money—Call i6ans, 5 and & per cent { :: Hoios, c."b' e Bid and Asked Prices. ) 'r’:iifi.'l XX BONDS. "2 10 Pt Shar new PUBLIC UTILITY. | District of Columbia and Suburhs for 3, 5 or 10 Year Periods g i and e mSism Henses Buriness Properties e w0535 e e hE Apartments Office Buildings 5%% ON APPROVED SECURITY Apply RANDALL H. HAGNER & COMPANY MoRTGAGE LeaN GorRESPONDE? Tetiphoneizin 3708, AR AR RSB P REREN = 2 3 Trans Luzx_Pic 4 548 Trumbull Steel wd, 2 33 [ EE g o ey ey S-Dom: 5 Gomad- R E TP IR i Soboaa3~ ERE F P It e P&l S SESEEE American Tel. & Telea. 4o Amencan Tel & Telea. & Am. Tel & Tel. etl. tr ‘Anacostia & Potomac 58 B =3=a BG5S, D men 58 DR ERERE IR i =D3aamar 3 [ ieicieiok il MINING STOCKS 80 Ariz Globe Co.. . 30 Canario CD‘X‘ By the Associated Press. 30 ghing mxt Wi NEW ORLEANS. September 1 (), | 7 Ens GI M Lia 1 31t | —A profit of approximately $10.000.- 108 Eifeica Croects. | ;ooo has been made within a threo. More than two-thirds of the 600 active 3 Core o M - month period by about 600 holders of | meinbers on the floor of the New 0 Hawihore M 1. | preferred stock of the Wesson Ofl and York Stock Exchange have signed a . Rwy Elec. 41 8 A,L‘ S | Snowdrift Co.. formerly the Southern nelition to suspend trading next Sat: ek '“o"_s ‘ixfi'r e oo | Cotton OUl Co.. managers of a syndi. | 55 Wov. which would enable broke MISCELLANEOUS. : cate which handled the transaction | wo, enioy a triple holiday over Labor day.|p c. paper Co. 8.0 - for local investors, announced here | losos, o he Acre e S Givernors of the exchange, who al- | Pol Jaint Stock 1'd BE. 51.. today. e e W e anoat i Ways have frowned on extra holidavs, | Riggs Bealty 58 ; James PSS et tiong. ~ NEW YORK.-—Cotton | John B. I 1l Tty 5 (short). will act on the application within a | Sacee ReglE, {and R. S. Hecht, who under a voting T Blax. 813e few dave Sorah Mt Cold Stor wardman Park Hotel Sy ShERY | |agresment will Airect the affairs of |ociober . S A B {the Wesson Co. for the next 5 vears, | December PUBLIC UTILITY. 7 Tonopah Ext... “%a, |said the purchase of the Southern |[AIUAT American Tel. & Telga ? O s | Cotton Ol Co. by the Now York and | \av S0 0" e New Orleans investors. involving the | Opening: October | sale of $13.500.000 in capital stock and I Wikitngton Gasl 2 January. 21.7% Norfolk & H“ Stapmboat e e ortol Wy & & Ejec. com & Wenden Cop |assets of the company. was followed New Orleans Quotations. wash: Rz & Fleo |by an agresment which provided for| .. oS ; Termina BANK { the issuance of a new capital stock, of | o N EW ORLEANS, September NATIONAL BANK which the preferred. amounting ' to | Tolton opensd steady. =October Sauonat cavial. 328 {185.000 shares, was pooled and de.| December, 21.83: January, 21.3 Columbia o~ --: | posited in a New Orleans bank. e e ol Mol Comme: gl | A time limit. it was sald. of two and R POREANE < aer ,'“L“"' Sloned) Pimers. & Mechirica: onehalf years. was set to. awalt a|*ad” at et adTRE of 2D 10 23 nonts Fedaral'amencan favorable marketinz opportunity. 2158w Liverty + | Within thres months of. the reorsan: 8870 |ization, the block of preferred thus e | held has been sold to a group of RS ERH Southern banking Interests at a price. it was announced, which has netted the original holders an estimated National l(el,ro;mh Rises | profit of n\\ono 000. el RAILWAY NOW PLANS FOR REORGANIZATION NEW YORK, September 1 (#).— Plans for the reorganization of the Georgia ahd Florida Railway call for the raising of $4,000,000 to $4,500,000 | new money, according to a_circular issued to bondholders by Receiver John Skelton Willlams. The funds would be used to retire receiver’s certificates | and other obligations having priority jover first mortgage bonds and to ex- tend a Gn\-ernmenl loan. August 15, 192, | while there was some trade buying and considerable covaring hv | recent sellers. December sold up to or about 14 points met higher, | {and the markeq was steady at the end | |of the first hour. The Government figures on par values for the inter pretation of condition figures as of September were said to average about 252.1 pounds, compared with 232.4 Real Estate NEW YORK, September 14 provement reported at Liverpool. ini. Fin i | i est Type of Securit i | pany Syndicate Managers Re- I > | | was reported, but offerinzs trom this | | number of notes for sale 6 ! /2 30 | | steadier tone marked the opening. of INTEREST i | Wesson 0l and Snowdrift Gom. | %, cotion market ‘todav. “With im tial prices here advanced 5 to 9§ 1] points. Further Southern hedzing We affér cabrticd | port on Stock Sale. source were much less active than re. . of | cently. Denominations as low as | £230. i Moore and Hill 730 l7th St. N.W. 5 SEEK 3-DAY HOLIDAY. NEW YORK. Septemher 1 (). %1821 Commecticut renue, Wasi, Wash: Balt. 25 5 ,_. I X P. Butler, jr., L. M. Pool. Boudene, jr.. A. D. Geohegan futures ° clo, et advance of 16 to 19 mnfi';‘ 2B SOMETHING WORTH THINKING ABOUT TheFront Rank of Safety MITH Bonds have earned a place in the front rank of in- vestment safety. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY Do vou give the proper thought your investments or to the saving of funds to provide an in- come for old age? It is a sub- ject worth thinking about. 1.- 21.36: bid: to SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) ’—-Hoam— nker PHILADELPHIA, September 1.— | Fall footwear will be elaborate yfor hoth men and women than earlier stvles. Patent leather and satin figure | Jargely in women's shoez, while more men are buying black shoes. less Our record of no loss to any in- vestor in 52 years shows how completely the funds of our in- vestors are safeguarded. 7% First Mortgage Bonds, indenominations of $100, $500 and $1,000, may be bought outright or by payments extended over 10 months. Every payment earns 7%. Adirond. P. & L. C. s 1920 Alum. Co. o Amer. 7s 1033 Amer; Beet Sugar 6p 1035 Am. Tel. & Tel Co. 4a 19 Anaconda Copper 68 1929.. . Associated Ol 6s 1935 Raltimore & Ohio @a 1933 Bethlehem Steel bs 1936 Central of Georgia fs 1920, ch 1 &SP 4 Qctober December January Mareh .| May . $97,000,000 TOBACCO CROP IS EXPECTED HARLOTTE. N. C.. September 1 (P)—Tobacco farmers of eastern North Carolina today hegan markat- ing a crop expected to bring approxi- mately $97,000.000. The crop this sea- son is estimated-at 297,000,000 pounds, according to State agricultural offi cials, the fifth largest ever produced in North (‘mllna. AUGUST SALES IMPROVE. CHICAGO. September 1 (#).—Mont- gomery, Ward & Co. today reported 4.22 per cent increase in August sales | as compared with a vear ago. Total | sales for August, 1935, were $11,801.- 1592, against $10,332.893 in August, | 1024, S ST. PAUL, September mately 2,000 cars hean shipped from Ja&t month. Approxi- of potatoes have this date in the 2ReaY: 55505 Do about invest- ments you have made and won- der if the safety of your princi- pal and the receipt of income therefrom is assured? you worry e Quarter of a Century American Sequrity & Trull " Continental 2 i Columbia G. & 5235393352 S A SAN FRANCISCO, September 1.— Canneries In the bay cities will begin handling the tomato crop within a week. Prospects in Alemeda County sre excellent as to quantity and qual- 8 1934 E. 1st 5s 1037 & E. 55 1927 3 333533: 2333 e 325332 EEEE R Fe Lodn & Trisc.. Wash. 8 SAVINGS BANK. Send your name and address on this advertisement for our book- let, “Fifty-two Years of Proven Sareyr 23553 N AKRON, September 1.—Rubber Hoknd i 5 2 Go3 Without plants received a big stimulus to sales 3 Lehish Pow. S. Cor. fe in July as a result of buying to beat " 8.3 the price advances. It Is generally re Now Yor ontrat on 1 o July sales wers the % QregonShort Line 40 Eteq Rl Yol sl e (et g B Bdt NEW ORLEA . September T. - Purchasa of more than $3,000,000 of new equipment, to he used largely in the cane fields of Louisiana, has been made by the Texas and Pacific rall road. The purchase Includes motives and 750 gondola JEFFERSON CITY. Mo., Septem- r 1.—There will be 3,700 acres of Yi%e harvested in Missouri this year. hie compares with 1,508 acres in S 3 a Loss SAFE 6%,% FIRST MORTGAGES B. F. SAUL CO. Main 2100 925 15th St. Ne Lass to Any Investor in 32 Years The F. H. Smith Co. Founded 1873 815 Fifteenth Street.-Main 6464 New York Washington, D. C. Pituburgh Philadelphia Minneapelis 55355550055 550555 SR aaacS325532 a%amufiwa.»: 2330 = e ..... _..._-.é--..__- .t Firemen s National 2 332 2 s © 58 10: TITLE INSURANCE. Tidewager on & y.‘-nwx_xm o Tige .. X S e T MISCELLANEOUS. Paner ofd.. .. L. 5 loco- | B fants Trans. & & Serreaihater Lanbtyoe .. & Inv. pld. B4 Datch Warkat com. . 0Old Dutch Market otd. Llnblb‘n g&'&fib@ '%rinnea Sarias. Te! TR Western Union 65y Weptinehouse . Foakr. “Called at 106, +Call 101% —— FLOUR MARKET LOWEl MINNEAPOLIS, September Flour 10c lower at 5350 s barrsl, Shipments, 68,846 barrels. 353w £ B2 LIVI POULTRY HIGHEB CHICAGO, September 1 (#).—Poul try—Aliv higher: fowls, 20a251; ‘broilers, 30: Springs, 25: roosters, 17; u;rkay-. 29: ducks, 16a21; geese, 15a 1. Archert-as an aid to grace and di; nity for women iz being advoeated England.