Evening Star Newspaper, September 23, 1925, Page 27

FINANCIAYL, PRICES ARE HIGHER AT CENTER MARKET Cooler Weather Starts Live- . /ly Demand for Meats. 4. Beef Unchanged . @ool weather already has increased the demanad for meats, and sales will continue to Increase us the temperu- ture continues to drop. prices were reported high this morn. ing, while beef prices remained un- changed. Lambs were quoted at 30 and 52 cents, while prices quoted for veal ranged from 20 to 22 cents, and heef was quoted at 18, Lgwer grades were quoted several cents lower than prime | products. In the pork market hams were | quoted at 28 and 30, shoulders at 20| and 22, loins at 36 and 38, bacon at 34 and 36 and lard at 19 and 20 cents, Today's Wholesale Prices. Butter—¥uncy, tub, prints, bdlg; store packed, 35. Eggs—IPancy, selected, 40: average r ipts, 35a3 Poultry—Aliv Spring 31: heav keats, 40a 25a30; geese, 15. Dre (h\\‘k!'n“ 1k . 82; small, 20; geese, 121 52145 ndled, 3sa chickens, | fows, 204 turkeys, | Spring turkeys, sed- s lambs, Spring, 16: hogs, 14 Meat—Beef, 18; veal, lambs, 30a32; hogs, smoked shoulders, 22; hams, Fruit and Vegetable Review. Today's market report on fruits and vegetables (furnished by the Market News Service Bureau of Agricultural demand bushel baske: various varie- rket steady, Washingto fancy Winter bananas, large siz a3.00; combinat extra fanc fancy Jonathans. small size, Cabbage—Supplies light, market dull; per ewt., Copenhagens, 1.5 5 Cantaloupes—Bupplies moderate: de- mand slow, market dull; Colorado, Salmon tints, standards, 43, 3.00a3.25; | few 3.50; Pony a3.00; stand- ard Honey Dews, 9s and Nevada, Hearts of &tandards, 45 a Grape Market Dull. Grapes—Supplies moderate; demand moderate, Delaware, 12- at. clima mostly | New mostly demand York, bulk light; New Gold, Balems and Brightons Lettuce—Supplies moderate: demand light, market steady; New York, 2-doz. crates, Big Boston tvpe, wide i quality and condition, best few s 75a1.00; X Onions—Supplies light; demand lght, market steady; New Yor Ib. sacks. Yellows, U. S. No. 1, Peaches—Supplies liberal; slow, market dull; New York, baskets, Elbertas, large size poor color, 2 Pears—Supplies mroderate: slow, market dull; New baskets, Bartletts, No. No. 1, 2.50. Potatoes—Supplies moderate: de mand moderate. market steady; Maine, 1b. sacks. Green Mountains, U. No. 1, 8.75a4.00. Sweet Potatoes Nleady. Sweet potatoes—Supplies light; de- mand moderate, market steady; Vir. ginia, East Shore, cloth-top stave bar- rels, Yellows, 1, 4.25a4.50. Celery—Supplies moderate; demand | light, market stead York 2-3 crates, in the rough, best, 2.25; fair quality, 2.00. Tomatoes — Home-grown receipts moderate; demand slow, market steady; homegrowns, %-bushel hamp- ers, 50. Cucumbers—Supplies moderate; de- mend light, market dullf New ork, bushel baskets, No. 1, wide zange in quality and_condition, wide range in prices, 1.00a2.00. 3.00. demana bushel demand York, bushel | 1, 3.00; Sickels, 1 Washmgton Stack Exchange SALES. ashington Fwy. & Flec. 45—$1,000 at| Rlst i v & B 2 Washin ' o —5 Rigks md".,.‘ Bank—5 st 41010 2t fiu Natonal Mtge, & Inv. pfd—50_at fis 10°at 9. 50 at 9. 100 at 97 at 91y AFTER CALL. Power Gs 1953—$1.000 at M 3885, Washington Gas 55—3500 at'do 0 e ! %, $500 lfl?‘:~f1|(1rlnn Rwy. & Elec. com—10 at Money—Call loans. 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY, American Tel. & Telga. 48 an Tel. & Telgn. 4154 Tol. & Tol. ctl. t costia & Potomac | points from the Tuesday final. Veal and lawb | NEW YORK CURB MARKET I Received by Private Wire Direct te The Star Office BY WILLIAM F. HEFFERNAN. NEW YORK, September 23.—The principal price changes in the cuxb market deallngs toduy were on the side of advance, and some of these were pronounced. Thefe appeared to be no top to Miller Rubber, which rose spectacularly for a gain of some 10 At 48 it compared with last week's low of 1 The sharp rise ir Class A, was a for Pathe Exchange, unner to the list’ compared with the previous final of 78. Consolidated Gas of Baltimore responded to the placing of the stock on an annual 2.50 basis. The feature of the mining group was the sharp recovery in Golden Center Mines, carrying it up from the previous close of 4% to 6% be- fore the rise was checked. Flectric Refrigerator shares stood out strongly with Nizer Corporation, at one time as high as 70, where it was almost 3 points above the Tuesday final. Kelvinator subse- ing of these shares on the New York { quently came in for improvement, Stock Exchange. “Around 83, the price NEW YORK, September 23 —Fol- lowing is an official list of bonds and stocks traded in on the New York Curh Market today BONDS, 2 Allied Pk 8s a7 Alum_ 75 new 106 sas & FI Gs W% & Luae wiie Mili 6 101 I s 104 Asso G & B o8 0 i A Sim Hard G1hs G EWISS bs 71 cavervoand Be. . N0 T Can b3 N 094 an_ Nat Ry 8. 110 CRIMESIP 0s 0 A bila IR 1 &P ohe100% it Serv Gs. ... . 78 ¢ 7% D & 164 ] i Cuba Co Cuban T 7 Cudahy bis Deere & 2 Detroit City G 68 Detroit Bd s Detroit_Ed 7s 28 142 Gair, Robt. 7s... 1031 6s. 100 im 6148 113 T101m 105 13915 S2PE232=T PE 1w C sLTC PR Mhy MeN Winch R. 335022 Okla G Phila Elec s S2u0e. 3552 FOREIGN BONDS y Berlin 6738, 801, ity Graz Bs.... 99 Fst RR France 7 9 Ruse G 6 1 Siem & Ha 3 Swine ors. o T & ITomio B L6 Salesin STANDARD OIL ISSUES. units 1000 Anglo-Am_ Oil 10 Bucyrus ena, Stgnal OLf et S O pf old 10 10 Southern P 740030 Indiana. " 2008 O Kanses 108 0 Roo0S ON Y. 08 O Ohio . 500 Yacyum Oil Ses INDEPENDENT O # hundreds 7 Am Maracaibo © 1 Cardinal Pete ... 31 Carib Ssnd 21 Cities Serv new." 2 Cines Serv nfd 43 Cotumnian Synd. reoln o Ceui oo Puclia On ‘G waane ] 8 2 4 5 T 1 3 1 5 5 o B = 7% O 2 e Tt Mizracs o 7 T ount . w Mex J_um an’ Am W P wi Peer 01l _Corp Peanok 01l Corp Red Bank Oil Reiter-Foster Oil o3 Can 0 & R Tl Cone. X Prod Tidal Osage 01 % Tidal Osa O N V 10 2 INDUSTRIALS. Aero Sup Mix B.. 5 Amal Leather m Pw & L new Amn_Pneu Am Pw & L pfid. & Santial Traction . R City & Suburban b Georgetown Gas 1st Potom Potoma Potomac Elec. b Pot. El. Pow. . m. & Waan-. Atex. & Mt. Ver ho Alex: & Mt V. bl Wash” Ball. & Aniap. Wachington Gas e .. Was E Whash. Rwy. & MISCE D. O. Pape o1 Jgint Waeh. Mk i 5e.0 03 Wardinan Park Hotel bs. .. 101 STOCKS. PUBLIC UTILITY. American Tel. & Telg: Capital Traction. Wit e N & Elec. & Elec. axt com 585 ‘ommercial porcini’ 111 s v & Hechinics {{ncoin Sational Meiropdiliah Riges : ond " Nt "Bank 6t Washing! TRUST COMPAN American Security & Trust ontinental ferchants: Ban Xational Savi inion Trust. Washington States Washington Mechanics FIRE INSURANCE. §mfflr:n Fire ‘orcoran jremen Vational Union Columbia Title Real Estate T MISCELLANEOUS. D. C, Paper ptd. flfrr‘l o M Lanston Monotype . Am Rayon Prod Amn, Am Superpow B! Am Super pr pfd Am Thread C pfd Apco Mix Co A.. £ 2 Biktiona TH L B % Boluonnault G C 1 Bohin_ Aluminum. 34 Borden” Co_Df: - b Brasil Lt & Trac i B Am ‘Tan con 34 Buesris Co. 14 Car Light. o1 Canehta prpe” G 31 Centrit - Pive. Co o Checke cab i 4 mxa.vo-'qnalm—v Dl et R AR PRSI EE IR - B o Sue B0 T Lo B o2 S5 2ot o ER NG oo 1ols ai IrvePA‘\:xtn Com new om P pfd.. ‘om P C T Connor. 2 ns G Balt néw 8% i n:l ok A ont Ba 4 Gomt Bk Dy 2 Gom Hall & M 1 Cuba A JemiTC Vil 9 Curtiss Aero 3ot B R T R 5Dub C & Rad. 73 Durant Motor wis. Ty PRk i s Pub. erv Ehe Pub S PP i 10 Fureka Vacuum eol Motors Co d Motor Truck rd Mot Co Can 5 -nk HH MfC ed Eisem R C reshman, Chag: Houston El orb i enged —2::: o VIR R SRR ¥ on w2 = ronh 1 BT D o9t S Ao o9tz Grimes om &y 1 Hanpiness Cdy ¥ 3 Hazeltine, Corp.. § Hetiman Rich 57 T Hom. & 3 Int, Cont1 Rul 3 Int1 Coner 1Ir $1ntl Mateh i ilnu vul A Zintl Tul B a3 Johion Napiie: Jones S B e D A RAO SIS ) 2508w i o DS B IR o k<) PR FIRL PEFISIRE NE EER ining 4 points or more. I Lehn & Fink. o 474 Libbey Ow Sh 61197 3R L Bros 15 Long Island {4’ 1% May. Ty Co 4 Medord R ¥ 3 Mid West Ul i d W ol fif W U pr 03 Miljer Rubl 6 Mot Pug Murad Rad Nat ll’l 2\7\!‘9!’ p Ser A v Ser 2 e N O P ekt P TFEF F STHTEE I IE oS Sor guaten x': or Nor Sta P Cw Pathe Ex 21y Penn vsnl_ - 50 DR 1 0, agbm: S S POy e Purity Bk A L7 dem Noww' ¢ A Hem Jow T 0 pl1 Reo' Motor . § Kichmond' &' nw o MO B S B 3 D it e e e Mt % Shiiger Mg Lid’ 11 Sery EI Carp"A L cal K Cal Ed B of Sities Uul. CuTivee b 5 LI SEREE RN FIETERE T e T oes: b s s b 2E et > azaoaat & Hi pt Rub, Reelaim TN SIS i L 1 West Pw pf ¢ 6 Wilson & C nw © Wolverine Por € 1Yel Taxi C N Y MINING S 10 Argonaut Gold . . 10 Calumet & Jerome 15 G G o o S CBBE o ) D YR i anaro Cobper . anario Cop U Rule 713 Cone,_Cop ‘Mines " 2 % Eng Gld M Lid it Thoug G M . arts-Nine M 200 Golen Cen Mines 3 Hollinger Hecia Mine " 1Jerome V Devel. Geee bina AR I NS N B A S FER PEL EES i S EE o) PRt ) # GASOLINE GRADES UP TO 1924 STANDARD By the Associated Press. Raw unblended gasoline produced from natural gas in the United States in 1923 amounted to 933,361,000 gal- lons, or 117,635,000 gallons more than in 1923, the Bureau of Mines esti- mated today on the basis of figures from producers in 13 States. ‘The bureau announced that its semi- motor gasoline survey indl- the average volatility of motor gasoline now being marketed falls well within the Federal specifications and that the average gasoline sold today is about the same quality as sold in the Summer of 1924, TREASUBY CERT[FICATES (Quotations furnished by Redmond & Co.) ~——Close. 5. .15, March 15, 1. . 18, hv SHOBT-TERH SECURITIES. (Quotations fumnished by Redmond & Co.) —Close;. Agirond Pow & Lt gs 1020 Alum Co of An Amer Beet Siizar 68 19 & Tel 45 1920 Copper s 193 Baltimor: Bethlehem ‘Steel 5s 1936 Central of Georela s 104 Mil, & St ChBT & Bar's City of Lyons s Columbia G & Elec Continl Gag & Elec. Du Pont 7ips 1831 Erie R R Co’ Bs 1920 Federated Metale 7s 1036 Goodyear T, & Great Nor 7s 1 Hocking Valley RR 58 1026, Humble 0il 5ise 1932. : g‘ah('h in Sec Cor 88 SUP & 8 Murnl & C New Vork Cntral s Qreeon Shory Line 4s 1020.. Penna R R Siaicrude O B Swift & Co Bs 19: fi idewater Oil B8s mlm P lfic 8 1927 Wosipta. nmon Weggighous £ Pont 7 TRbewater Of GERMAN BONDS AND STOCKS. (Quoted in dollars per million mll"(l) Bid. Alk.d Ger Gt (w In) g 101418 47800 £ Hamburg 43¢ 1 18000 3 Ger G4 3By (foreed X Ger Gt 3 (sm pos) (Quoted in dollars per tho Ger Gen Elec 4138 pre-war, Ger Gen Elec 4 1019, Berlin 4s pre- Hamb 3s, 3% & Hamburg-Am Line l% North Ger Lloyd 4 North German Lloyc Prissian Cansols 5 Krupp bs 1921. Dusseldorf 4 fi""n‘fi“} - prewar untc vl xam ’\nmn 33 83BSRBIZE! RS EPELE §OESE FIEY SRR T oRan £55055550500N00. SOBITDDE ! SE3B 233IBRB=SSES: L SRR ai o981, cnl ‘634 1051 cal Sqm g b o = Brostions SSHES 878338 -SEa8EESmo . aliZiors 82285352332529223338 " F3 2283333388235 SECOND TRUST NOTES 3 ofPholbe pur sELNRER every Washington Investment and_Transactions Co, ns l‘fi 8¢, N'. SEVERE TUMBLE INCOTTON TODAY Government Forecast of Big Yield Starts Violent Selling Waves. By the Associated Press. NEW YORK, September 23.—Cot- ton broke $6 and $7 per bale after the United States crop report today. De- cember sold off to 23.40 within the first few minutes, or 142 points from the high level of the morning and 112 points net lower. The report of the Census Bureau showed ginnings of 4,276,928 bales prior to September 16. A great deal of price fixing was re. ported early in the day, enough ap- garemly to more than offset Southern edging, while covering helped to ab sorb pre-bureauy liquidation and gave the market & very steady undertone. December sold up to 24.82, or about 30 points net higher, and was selling at 24.66 when trading was suspended to receive the Government report. The latter showing a condition of 53.8, with an indicated yleld of 13,931,- 000 bales, was materially above the average of recent private raports, and was followed by a very soveres break in_prices when the market reopened. New York cotton futures closed steady at & 8ok desling of B to #5 polats, o bnw Qetaber ... . New nrlenm Quotation: NS, September 23 (#). —The Government report showing in. dicated vield of 13,931,000 bales based on condition of 53.8, and total of bales ginned of 4,275,928 bales, proved much higher ‘than looked for. On re- sumption of trading December at once broke to 22.35, or 185 points down, equal to a loss of $9 a bale. There was some dispomition to rally after the first rush of selling, 4 R ew Orleans cof ol at et deine o 88"t b8 pointers " !A'\' Close. 22.87-1 00 Fiaserper, 24.01: January, 43.00¢ March, 24.07: May. BIGGER COTTON YIELD SEEN. Government Reports Also Cover Con- ditions of Crop. Cotton production this year, fore- cast from the condition of the crop on September 16, is indicated as 13.- 931,000 equivalent 500-pound bales, the Department of Agricuiture today announced. A fortnight ago 13,740 000 bales were forecast. Last year's crop was 13,627,936 bales. Fhe number of bales of cotton ginned from the growth of 1926 prior to September 16 was 4,275,928 run- ning bales, counting round as half bales, the Census Bureau announced. To that date last year 2,667 ning bales were ginned. The condition of the crop on Sep- tember 16" was 53.8 per cent of a nor- mal, indicating a yleld per acre of about 143.5 pounds, compared with a condition of 56.2, indicating an acre vield of 141.5 pounds, on September 1 this year, and 55.4 on September 16 last year, when the final yield was 157.4 pounds per acre. Production is placed at 181,000 bales more than forecast a half month ago, and about 303,000 bales larger than last year's crop. Money to Loan s.cqg: by, ret 4 dud ot trust on real estate. "w 38 W Rid-.. o RHL ESTATE LOANS ANY AMOUNT “gt% APARDAENT, Botars NCE LOANS AT LOW RATES FRED T. NESBIT INVESTMENT BLDG. Main 9392 Tokyo Electric Light Company, Ltd. Three-year 6% Gold Notes Only six American com- panies exceed the elec- trical output of this company. Ulunlerr-mod dividends on capital stock for 59 years—now paying 10%. Circular sent upon request for A-598. E. H. Rollins & Sons Foundrd 1876 416 Woodward Bldg., Washington Boston New York _Philadelphia Chicago Denver Ban Francisco 7% For “New" lnvuton\ and women who lack lnvmtmrdmmx invest in 7% Smith Bonds wit the same assurance as experi- enced investors. EverySmith Bondisa FirstMort- gage Bond, created by the same standards of safety and protected by the same: that have resulted in our record of no loss to any investor in 52 years. 7% Smith Bonds are sold in $100, $500 and $1,000 demoninations, NoLoss to fny Investor in 52 Yoars The F. H. Smith Co. Founded 1873 815 Fifteenth Street--Main 6464 New York Washington, D. C. Pittsburgh Philadeiphia Minnespolls Denominations of $100 and Up— FIRST MORTGAGE INVESTMENTS 629 CHAS. D. SAGER 924 14th Main 35 "FEDERAL- AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President First Mortgage Notes For Sale In Denominations of $100, $250, $500, $1,000 AND UP 637 Interest Secured on D. C. Real Estate Wm. H. Saunders Co., Inc. Established 1887 1433 K St. NW For Investors 61%2% First Mortgage Notes All Details Given Prompt Attention See Mr. O'Donnell, Mgr. Mortgage Department CAFTZ OMPANY _Main 9080 Real Estate Funds Available for the Purchase of 1st and 2d Mortgages on Improved Business and Residential Property International Finance Corporation Commereial National Bank Building Did you notice what that Gump.” said recently? After he had been most who involved him to the point of of this truism: “Bulis, for my ca Government Bonds gilt edges.” No_ sage ever spoke h; henceforth, my and F tion. yield between U, beautifully WE PAY MORE INTEREST ON' SAVINGS ACCOUNTS Than any other National Bank in Washington Interest on DAILY Balances Come in and let us explain Commercial Nat'l Bank 14th and G Streets Resources $17,000,000 I.. GOLDEN DONALDSON, PRESIDENT " Prompt Acties First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc, 788 _lblh Wfl_ FIRST MORTGAGES FOR SALE Denominations of $250, $500 $750, $1,000 and Upwards 6% All_Loans bade Lacated in the nmrfl o Columbis JAMESF. SHEA 643 Louisiana Ave. N.W. MONEY TO LOAN —on First Mortgages on im- proved property in Washing- ton. Current rates, Prompt service. ’SH NNON:- & LUCHS 713 & 715 14th St. N Main 2345 Safe Investment Nearby Counties Here is an opportunity for «mall money'—amounts from $2350 up—to share in a safe investment— Paying 7%, interest The gecurity_is the best nos- e faTnritele e o s Notes supported by some of the most valuable northwest residential property—worth double the appraisement umn Whiekr the 1oans “wers mi ‘The detalls are umn'— ing. Mr. Kelley, manager of our Loan Department, will give them to you. M‘-‘KEEV!R-‘GO% B Main 4752 modest trimmed by a promoter bankruptcy, he delivered himself bears and wildcats are too dangerous company money will associate only with RST MORTGAGES with nice more wisely—with one slight modifica- There is no necessity to sacrifice the difference in interest bonds and our FIRST MORTGAGE NOTES. We are ogm;g today excellent First Mortgage Notes, which are amply safeguarded against loss or depreciation, to yield— 6Y2% We will cheerfully submit details. Mortgage Investment Dspnrzmem HANNON -‘LUCH Main 2345 METROPOLITAN LIFE INSURANCE COMPANY FIRST MORTGAGE LOANS BUSINESS PROPERTIES HOUSES OFFICE BUILDINGS APARTMENTS CONSTRUCTION LOANS Lowest Rates WEAVER BROS. Realtors 809 15th Street N.W. Main 9486 “Deal With a Realtor” The New York Life Insurance Company Offers to Make First Mortgage Loans on Improved Real Estate In the District of Columbia and Suburbs for 3, § or 10 Year Periods Apartments Office 5Y2% ON APPROVED SECURITY Apply RANDALL H. HAGNER & COMPANY MORTGAGE Loan GORRESPONDENT TliphonaRain st FINANCIAL, Eqnitable Co-operative Building Ass'n JOHN JOY EDSON, FBANK P. REESIDE, Secretary mlu‘ 45TH YEAR COMPLETED 0l' l .!Jll,'l“-'l Thru the Equitable It's not what you earn, but what you save that counts. Make up your mind to join the Equitable and save systematically. That is the sure way to get ahead financially. JOIN TODAY 915 F St. N.W. APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Lecated in the Distriet of Columbia and adjacent Suburbe in Montgomery Ceunty, Mé 53 % INTEREST ‘fl’plr ro H. L. RUST COMPANY LOAN CORRESPONDENT @se PRUDENTIAL INSURANCE COMPANY ¢ AMERICA 912 15th Street N.W. Main 6883 WHAT EVERY INVESTOR IS LOOKING FOR Safety of principal, certainty of yield, an adequate return and a complete investment service that relieves them of all details and worry. OUR 6'2% FIRST MORTGAGES —meet every test. In amounts of $250 and up. SAUL CO. Main 2100 925 15th St. N.W. 63% Time Proven Real Estate Mortgages OR over a third of a century this Com- pany has made conservative First Mort- gage Loans on improved property in the Dis- trict of Columbia. ot 'HE loans do not exceed 50% of the value of the property and are secured on in- dividual homes and income-producing busi- ness property and apartment houses. HE mortgage notes bearing 634 % inter- est are available in amounts of $500 and upwards. This Company, without charge, attends to all of the details in con- nection with the investment. List of offerings to meet the most exacting investment ye- quirements will be mailed upon request. H. L. Rust COMPANY 912 15th Street Main 6888 WASHINGTON, D. C.