Evening Star Newspaper, September 16, 1925, Page 29

] Washingtor \ SAVINGS BANK. PRUSPECT COOD FORLATEAPLES ¢ Fruit in This Territory Selling at $4.50 Per Barrel—Or- chards Improve. By the Associated Press. CHICAGO, September 16.—Good Prospects for late apples are reported today by the United States Bureau of Agricultural Economics. Winter kings, especially Baldwins, make the best showing, and will com- Prise a larger share of the crop than last year. The New York, New England and Michigan sections will Supply the greater part of the good Eastern apples, whereas the South, vhich s usually strong on York Im- perials, has a small crop this vear. Important gains have been made in Michigan, Illinois and California ap- ple orchards, but eastern States and the Pacific Northwest expect fewer apples than were looked for during August. At a price range of $1.05 to §1.10 per bushel basket, free on hoard cars, western New York wealthies are slightly higher than a week ago, but 25 to 40 cents lower than open- ing quotations last yea In the Shenandoah-Potomac-Cum- berland Grimes Golden and Jonathans are selling at $4.50 a barrel, with York Imperials around $3.75. COTTON QUOTATIONS . ARE LITTLE CHANGED Liverpool Cables and Government Report Main Factors in To- day’s Markets. By the Associated Press. NEW YORK, September 16.—The cotton market opened steady today at an advance of 5 to 12 points i sponse to relatively steady Li cables. but with continuation of realiz- ing which had been in progress at the close vesterday prices soon eased off December sold hack from 24.48 to 24.30 within the first few minutes. a A\ met decline of 6 to 12 points on active positions. Some Southern hedge sell- ing also was reported, but offerings were well enough taken on the decline to steady the market. The figures on par values for the| interpretation of the mid-September erop conditions, published by the De- partment of Agriculture this morning, were calculated by local statisticians as averaging 266.3 pounds, compared with 252.2 pounds as of September 1. New York cotton futures closed strong at & net advance of 26 to 41 points. Open Close. October 24.46 December . 34.50 January K0 March 18 May New Orleans Quotations. NEW ORLEANS, September 16.— The cotton market opened about 3 to 11 points up in sympathy with better cables than due. After the call, Oc- | tober traded up to 23.75, December to | 23.93 and January to 23.95. A wave of | A gelling then ensued owing to the pub- | lication of the Government pars with a report of September 16/ which showed a feasible increase over the September 1 pars. which forced Oc tober down to 23.47, December to 23.62 | and January to 23.64. New Orleans cotton ¢ advance of 28 o 36 Do Qen 6 Qctober Tecember .. iy Washington Stock Exchange . SALES. ‘Washingt Gas 6s 1033—S$200 at 102, $100 at 1 i . $o—81.000 at PV AT R T 00 Taantion Co. 1 at 99%. 6 at A OB b A B shington Gas Light- 0 at 6314 hington Rwy. & Elec. com.—10 at 260,10 at 180, 30 at 160. ‘Washington Rwy. & Elec. pi National Metropolitan Bank al Banl 10 a Jo st 500 ston M. 5 at B 584 6 A0 835 190 at B 10 at 0 "at 843 National Mtge. & Inv 15 at b'a AFTER C Washington G Srrenthaier 500 at 1031 ai at 186, 1 §. & r. 65 19 ptd.—10 at 86%. 20 at R6is Money—Call loans. Bid and Asked Prices. BONDS. PUBLIC UTILITY .American Tel. & Telg \ "American Tel’ & Telg Am. Tel. & Tel. cf “Anacostia & Poto ‘Ana. & Potomac . & P_ Teleph & P Telepho Capital Tracti City & Suburba Georgetown G . Alex I alex Balt heton 3 ton . Rwy Wash. Rwy T gen, 05, 1021 LLANEOUS, & E C. Paper ¢ Pot. Joimt Sto: Rigge Realty . i0i 89 5 Wardman Park Hotel 6s....0 101 STOCKS PUBLIC UTILITY. American Tel. & Telga... ... Capital Traction Norfolk & W Wash. Rwy. & Wash. Rwy. & E Terminal Taxi ¢ NA National € Columbia Commerc Di ncoln . ational Metropoiitas igEs Second . National of Washin RUST COMP. y & Trust American Sec Contnental 1 chants' Bank Tnion Trust. ‘Wash. Loan & Trist Commerca Savis Fast Wasningto Locirity Saving Seventh Street. United Statee. Washington Mechinics”.. FIRE American orcoran . Firemen's | % National Union. TITLE INSURAM ferchan forgenthaler Linotype N Sitce. & nv old Dute oid Dut: Lanston Mo Sec W Market pfd. type . urity Storag The military ban against the gen- eral use of radio receiving sets In Palestine has been lifted. BY WILLIAM F. HEFFERNAN, NEW YORK, September 16.—Agaln today the principal price changes in the curb market were in a majority of instances on the side of advance. This was true of a large number of | specialities, which were taken up for particular reasons or else were bought on the contention that they had not shared to their full extent in the upward movement. One of the most impressive upturns occurred in the new Land Company of e NEW YORK, September 16.—Fol- lowing is an official list of bonds and York stocks traded in Curb Market tod, Sales in thousands. on the New 6 Bell T Can 5 5 Beth Stl 7s '35 HCan Nat Ry 7 1 Cities, Det Edison 4 Det. Edison G Det Edicon Det E n alf Oil Corp 5% 11 Oil Corp 5135 ans C Term 4s . Kevston TCP 83,5 1Lehich Pow 63 Libby McN & I, 78 12 Long Is Lt bs Nat Dstl Onto Pow 5478 40kla G & B 5 8Pa Pw & 1. 5 13 Pureolt 1D Es 18t pt 6 havancen Te. . 100 100 9 100 FOREIG 1City Berlin 6%s BCity Graz s Hung'n Cons Ind M Bk Finl 7 3 King Denm'k 515 11 Krupp Fried L 7s 8 Mor Bk Denm'k 65 86 Prov anta F 4R of 5 Russ 10 Russ 0515 941, 100% 100% o & Gal Six oIl 0 Humble Oil & Rt 600 Imp O of Can 30 Indiana P 1 4900 Int_Pet C_Iud 90 Magnolia = Pet 900 Ohio 01l )0 Prair 0 & G Prairie P L 70 Southern P T 10 Sou W Penn P 'L 38008 0 Indiana 4005 O Kansas 3008 O Kentucky 20008 O N Y .... 10S 0 ‘Ohio ", 10S O Ohio Dd. 60 Swan & Finch. 400 Vacuum 01l nw If il of Pa. . an- Am Pet wi 9 Peer OIl Cor. . . Reiter-Foster Oil. Royal Can O & K 5 Ryan Con..... Rsalt Ck Prod 10 Sun 01 Venezuelan ~ Pet INDUSTRIAL 2 pt 3 Am Rayon Prod 1 Am Stores 29 Am Superp B Apco Miz Co AL ArmC & B vie! ¢ Auburn_Auto_Co. 12 Asso Gas & EI 1Atlas ‘P C_new : 113 Bige Hart Carpet 1 W Cigar & Brit-Am_Tob 6 Bklyn City % Buevrus Co D Cou R R nhill Inti .. rant Motor. | Jo0e000000000s ton | rod Corp Jog B Gen G' & E 6 Gon G & E e nAL & Hardart L vt ex dy ot “Rub Ini Mateh C pid 11 gl Ut B, 2 Johns Mansviile . @ Jones Radio | 17 Kelvinator_ ¢ & Keyatone 3 Lohn, & 1 Lih M i RLib R i Long Is . 20 May Tag L § McCor £33 2 Mengel Box ... Gi% 5 Mid West Util .. 108 1Mid W Util pfd. fl7x. 1#'1 Mid W_U pr lien 104 % Miler’ Ravber 7 200 0 34 Motion Pie Cap 3 Mobawke Val new 383 1M 14 ° oM 5% M 17 i % Nat Tea B3y Y G nra % Rick 2 new Wi 2 Nizer Corp A.. 99 Nizer Corp B.. l Received by Private Wire Direct to The Star Office | involve Florida shares, which went into new high ground at 59, compared with the previous final of 64. Buying was sympathetic with strength in the honds. The 2-point advance in Pathe | Exchange class A foreshadowed the early transfer of these shares to the New York Stock Exchange. The oil shares were again the one discouraging group. Realizing sales apparently having been completed in the motor group, the upward move- ment was resumed. Stutz and Durant were the leaders. -t W i G & Imp C i Lt & Pow A rmDoneal LSEEREE N can REERE! P orth O Pow C. 10% 10& 10 13 or Ont Lt & P B1 80 80 1, or Sta > p 18 Nor Sta P C wis 183 144 18 1 Ohio Tract . &1 118 11 1 Ohio Tract pfd. 83 83 83 30mni Co vie.... 13% 13% 13% 5 Outlet Co 40 30 ;0 the Ex Inc TRy 78R 77 enn Wat Pow C 164 161 161 3 Penn P & L ptd 107 1056 105 39 Power Corp N 'Y 82% "8I 82 4 Puget Sound P&L B4% 54 B4 3 Pyrene Mfg..... 10% 10% 10% 3 oo Motor, 0 33 3iay 4) 3 Richmond Rad n. 1 1ty 14 1 Rova Radiors. . -3 2" 24 Royal Typewriter 1 a1 a1 15 er. MKE 5 02 h Serv ED Gorp A o 0 Sleep Rad vie. 81 8% 2 Sou Gas & Pw A @3 23 utheast P & L 1 g ‘s 151 E & L nw wi 3 0% u Cal Ed . 122 lflx u Cal Ed A pf 109 100% u Cal Ed A pf 08 9 ou Cities Ut 62 214 48 Sou Dairies A 80, 89 & u Dairies B wi 32 g2 i L] ;uu Hlurlunrl"ll 0 .83 .50 t. egis aper 3 13 ub 'K 3 < 30 §§& 4 7 3 30 30& 11 112 113 [ fl% [ 123 1 12 5 Thomp Ragio vte 1 1a% 1s% # Tob Prod Ex{fl i 4+ 44 9 Trans Lux_Pic a8 fl: Trumbull Steel. . 01y o 0 5 3 4 H s o 4 % 508 o0 42 iz 2 Warner Bros Pie 174 40 West Pow - 748 nuwl l"‘»\ ptd l‘l!; hite 8w ¢ 2 “’l:uur‘;‘& n wi l:t ils & C A new b 15 Wils & C n pf wi miz i Yel'taxi ¢N'Y 11 Sates in Rinds £ nario Copper... 1 Cremon Gold MIN 3Eng G M L I ) Eureka Croosu ) First Thot G M 0 Forty N, i1 Gold Cent 10 Hawthorne o8 Jerome V Devel.. 78 Kay Cop or. . 1 Mason Va Mines 1 Dissing Jhio Copper... | Premier, Gold M. Shaw Mines ) Spearhead Gold eck Hughes . 2 Tono Belmont 1 Tonopah Ext 1Uni Verde Ext.. v 30 Verde M & M 14 Wenden Cop OVERLAND TO EXPEND $2,000,000 ON PLANT TOLEDO, Ohio, September 16 (). A new building program that will the expenditure of approx- imately $2,000,000 and that will make further manufacturing economies pos- | sible is being developed by the engi- neering department of the Willys- Overland Co. Plans and specifications will be ready to go to contractors in a few da GASOLINE PRICE CUT. NEW YORK, September 16 (Spe- 1).—The Standard Oil of Kentucky reduced the tank wagon price on gasoline 1 cent a gallon in Ala- orida and Mississippi and 2 lion at Lexington, Ky. WILL PROTECT MONEY. BERLIN, September 16 (#).—A reso- lution declaring that the German cur- rency must be safeguarded in the in- terests of the country’s economic life was adopted by the conference of German bankers today. FLOU’];. 10 CENTS HIGHER. MINNEAPOLIS, Minn., September 16 (#).—Flour 10 cents higher at 8.45a 8.65 a barrel. Shipments, 61,365 bar- rels. Bran, 23.00a23.50. CALL MONEY LOWER. NEW YORK, September 16 (®). —Call money, easier: high, 4; low, 31; ruling rate, 4; closing bid, 314; offered at 4; last loan, 3%; call loans against acceptances, 3%; time loans, firm; mixed collateral, §0-90 days, 4%adl; 4-6 months, 412a4%; prime mercantile paper, 4%. NIZER VOTES EXTRA. NEW YORK, September 16 ().— tion declared the usual nd of 25 cents a share on tock and the regular quarter of 25 cents. both payable October 1 to stockholders of record Septem- ber 22 REAL ESTATE LOANS 51 o ANY AMOUNT 5 /0 APARIMENT HOUSES RESIDENCE LOANS AT LOW RATES BUSINESS = PROPERTY FRED T. NESBIT INVESTMENT BLDG. Main 93! 0005006090000 WANTED! SECOND TRUST NOTES Funds available for the pur- chase of all kinds of second trust Dotes, secured on D. C. or nearby tate. Prompt actios every case. Washington Investment and Transactions Co. 715 14th St. N.W. Maln 2862 Property Managers Don’t think of us merely as “rent collectors,” but as efficient, interested managers of prop- erties. 32 Years of Experience B.F.SAULCO. Main 2100 925 15th St. | See Mr. O'Donnell, Mgr. Light Bills and Taxes— obligations rarely neg- lected by the individual “Power and Light,” our booklet, tells about this growing industry. Copy will be sent upon request for A-591. E. H. Rollins & Sons Founded 1876 416 Woodward Bldg., Washington B. New York Philadelphis | Dewver Sawm Frascisco First Mortgage Notes For Sale In Denominations of $100, $250, $500, $1,000 AND UP 617 Interest Secured on D. C. Real Estate Wm. H. Saunders Co., Inc. Established 1887 1433 K St. NW. MONEY TO LOAN —on First Mortgages on im- proved property in Washing- ton. Current rates. Prompt service. HANNON. & LUCH 713 & 715 14th St. NW. Main 2345 i | I I We’ll Make Loans in Nearby Maryland and Virginia We are very glad to further your plan with financial help— anywhere within a reasonable distance of Washington. You can get prompt action of us —and always at reasonable rates, Take sour proposition up with Mr." Kelley. manager of our Loan Department. MEEEER=c0s Realtors 1415 K St Main 4752 WE PAY MORE INTEREST ON SAVINGS ACCOUNTS Than any other National Bank - in Washington Interest on DAILY Balances Come in and let us’ explain 14th and G Streets Resources $17,000,000 B. GOLDEN DONALDSON, PRESIDENT 1 Commercial Nat'l Bank For Investors % | | First Mortgage Notes Denominations of $100 and Up—| All Details Given Prompt Attention | Mortgage Department {CAFRITZ COMPANY | 14th & K Main 9080 Every Payment Earns 7% OUR Investment Savings Plan gives you the opportunity to buy 7% First Mortgage Bonds, in $100, $500 or $1,000 denomi- nations, by payments extended over ten months. Every pay- ment earns 7%. Thus, if your savings average $10, $20, $50 or more a month," they may be invested immedi- ately at the full rate of bond interest. Youare not required to ‘make regular monthly payments if it is more convenient for you to pay at irregular intervals. Send your name and address on this advertisement for our two booklets, telling the facts about 7% Smith Bonds and explaining our Investment Savings Plan. —_— Ne Loss to Any Investor in 32 Yeers TheF. H. Smith Co. Founded 1873 815 Fifteenth Strect--Main 6464 New York Washington, D. C. Pittsbargh Phlladelphia® Minncapolis T Name Prompt Actton First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. . 738 15th Strest FIRST MORTGAGES FOR SALE Denominations of $250, $500 $750, $1,000 and Upwards Applications Invited Real Estate Loans Improved Property 1st and 2nd Trusts and Construction Loans N. L. SANSBURY CO. Inc. 1418 1 St. N.W. Main 5804 627 All_ Loans Made on Property Located in the District of Columbia JAMESF. SHEA 643 Louisiana Ave. N.W. Money to Loan oo aTie interest it come el comamission: 420 Wash. L.& Trus Joseph 1. 'Weller O e et JOHN JOY EDSO! ’Pruldent Organized Assets. ... $5,031,814.86 After your expenses NATIONA RESOURCES, 1315 F JOHN POOL Equitable Co-operative Building Ass'n FRANK P. REESIDE, Secretary 435TH YEAR Surplus have been taken from your envelope, deposit the remainder in the Equitable. Do this each pay day, and you'll be thankful you heeded this bit of advice in later years. JOIN TODA Basiness 5% ON APPROVED Apply of 42 marks to the Y " FEDERAL-AMERICAN L BANK $14,000,000 Street COMPLETED .$1,352,749.93 Subscriptions for the 89th Issue of Stock Being Received EACH PAY DAY Deposit in the Equitable FINANCIATL 29 Make plans that will free you from worry in later ye: Ask for our special booklet about the most secure and sati factory method of saving and investment that can be devised You Can Start With $10 It will cost you nothing to obtain the book, and there will be no obligation. Mortgage Investment Dept. HANNON & LUCHY] 713-15 14th St. NW. OR our services in handling your pur- chase of these selected First Mortgage Notes, collecting your interest 915 F St. N.W. The New York Life Insurance Company Offers 10 Make First Mortgage Loans on Improved Real Estate In the District of Columbia and Suburbs for 3, S or 10 Year Periods Apartments Office Buildings % SECURITY RANDALL H. HAGNER & GOMPANY MORTGAGE LOAN GORRESPONDENT 1417 K Street No Charge Is Made 6%% : Northwest promptly yvhen due— : Residential and arranging final pay- } Property ment to you of principal! ¢ . . BOSS AB PHELPS THE HOME OF HOMES Secured by Main 9300 for LOANS on Located in the 912 15th Street N.W. $25,000,000 Deutsche Rentenbank-Kreditanstalt APPLICATIONS INVITED IMPROVED PROPERTY District of Columbia and adjacent Subwrbs in Montgomery County, Md il ’.fl t; ply 7o H. L. RUST COMPANY LOAN CORRESPONDENT ®he PRUDENTIAL INSURANCE COMPANY o AMERICA Main 6888 Landwirtschaftliche Zentralbank 1925 First Lien 7% Gold Farm Loan Sinking Fund Bonds Dated September 15, 4 Due September 15, 1950 Cumulative Sinking Fund, Beginning March 15, 1926, Sufficient to Pay or Redeem Entire Issue by Maturity THE NATIONAL CITY BANK OF NEW YORK, Trustee REICHSBANK, Berlin, German Supervisory Trustee dollar). Application will be made to list the. The “Central Bank for Agriculture” (Deutsche Rentenbank-Kreditanstalt) has been organized to act as a central bank for the existing agricul- tural credit organizations, some of which have been in operation more than one hupdred years, and through these organizations it will utilize its own resources, and loans obtained at home or abroad, in granting credits for the promotion of agricultural production in all its branches. creation of an institution to remedy the exist- ing deficiency in working capital of German agriculture was suggested by the organization committee appointed under the Dawes Plan to recommend detailed provisions with respect to Germany’s new bank of issue and currency. The The paid-up capital of the Central Bank for Agriculture amounts to $40,476,190 (at the rate t Bonds may be is- sued up to six times the paid-up capital or up to eight times with the consent of the Reichs- rat, the upper house of the German Parliament. The bonds of this issue will be the direct credit obligation of the Central Bank for Agriculture. specifically secured by an equivalent amount of mortgages (or cash in lieu thereof) constituting first liens on German agricultural forestal g 40% of the official valuation thereof subject only to certa horticultural lands, at net exceed: ach of the It existing charges. agr credit organizations from which these mortg: are acquired will be individually respective liable to the Central Bank for the full amount of the unamort such mortgages. Agriculture for zed principal of Na other bond may be i ed or indebtedness contracted, which will share in the specific security provided for this issue. The business operations and policies of the Cen- tral Bank for Agriculture are under the super- vision of the German Government. The foregoing is set forth more fully in a letter from the Managing Directors, copies of which may be had upon application to the undersigned. bonds on the New York Stock Exchange. pected on or about Sepicmber 28, 1925. Price 93 and interest, yielding 7.63% The National City Company Harris, Forbes & Co. The above inform btained. The s has been obtained. partly sources which we consider reliable. cable, from official statements and statistics and do ot guarantee, Lut believe it to be correct. All of these bonds having been sold, this advertisement appears as a matter of record only We offer these bonds, if, as and when issued and received by us, subject to the approval of our counsel, Messrs. Sherman & Sterling, New York City, and Dr. Ernst Wolff, Berlin. Delivery in temporary form is ex & Co.