Evening Star Newspaper, September 30, 1925, Page 31

FINANCIAL, NEW YORK CURB MARKET PRICES HOLD FIRM KT CENTER MARKET Mud\ Heavier Apple Receipts Reported—Meats, Eggs and Butter Unchanged. Consumers are making anxious in- “uiries ahout the prospecis for cling oesches this season. Such peaches local market veary tew have thus fi rhey found ready sale at adv. orices. Cling peaches have heen exceptior elly gcarce in recent years, dealers r part, and no advance information has Besn received relative to the prospects of getting supplies this season. Thess veaches are in demand for preserving 2nd sweet pick!! Raceipts of other peaches, chiefly Elbertas, are light, and the market Jull. Bushel baskew of New York bertas were quoted at from 1.26 for ordin: quality to 2.35 for the et stock. ‘Liberal supplies of apples are being recaived, and a yange of prices from 0 to 2.756 reported. A moderate de- mand for light supplies of peass is re. ported, prices ranging from 2.0 to Prices of meats, vegetables, butter, eggs and poultry were substantially the same as Today , ‘ancy, tub, b3; prints, 65; store packed, 38. | Eggs—Fancy selected, candled. 40a | 42; average receipts, 40; storage, 33. Poultry — Allve — Spring chickens, large. 28a30; small, 28; heavy fowls, 2022 5; keals, 40a75; turkevs, Dressed—Spring chickena, large, 32; small, 32; turkeys, *8; ducks, 20; B 15; lambs, | Meat—Beef. 18; 20a22; Spring ‘ambs, 30a32; hogs. loins, 37a38; smoked shoulders, 23a24; hams, 30a32. Fruit and Vegetable Review. ‘Today's market report on fruits snd vegetzhles (complled by ths Market News Service, Bureau of Agricultural Economics) says: Apples—Supplies demund moderate, market steady; bushel bas- \ets, Maryland. No. 1, Jonathans, 2% inches up, 2.25: 213 inches, 1.76a2.00; Maryland and Virginia, No. 1, Grimes, 'arge size, 1 1.2521.50; e 4iym to e =ize, 75 to 1.5 ™ashington. extra faney medium 1o large size, 4.00a4. ‘or Bananas, large size, 2.7623.00. Cabbage—Supplies moderate: de- .mand light, market steady; New Vork, hulk per cwt., domestic round type, mpstly 1.50. rapes—Supplies liberal; demand moderate, market fairly steady; New York, Concords. 12-quart Climax has- .08a1.30; 2-quart Climax baskets, condition, 1.00a1.25. Onion Market Steady. Lettuce—Eastern supplies very light, no sales reported; Western supplies moderate; demand moderate, market steady; Colorade, crates Iceberg type 4 dozen, fair quality and condition, 4.00a4.50; California, crates Iceberg type, 4 dozen, mostly, 5.00. Onions—Supplies liberal: demand light, market fairly steady; New York and Massachusetts 100-pound sacks, 1 ellows, United States No. 1, 2. mostly 2.75. Peaches—Supplies very mand slow, market dull: Bushel haskets, Elhertas large sizes, 1.50a2.00, condition. Pears—Suppliea limil moderate, marke: stead. bushel baskets, Bartletts #round 2.00; seckles, fancy, 3.0 0. 2, 2.25; Washington, boxes Bartletts. | oy, 3.5024.00 i Potato Supplies Libersl. | Potatoes—Suppliea liberal: demand | moderate. market steady; New York. 130-pound sacks, Round Whites, United States No. 1, mostly 3. Pennsyivania, 150-pound sacks. Round Whites, and Maine, 150-pound sacks, 1 light; de- New York. medium to according to irish_Cobblers, United States No. 3.73a3.90. Swest potatoes—Supplies light; de- mand moderate, merket steady: Mary- land and Virginia, cloth-top stave bar- rels Yellows, No. 1, 5.0025.25. Cantaloupes—Supplies liberal; de- mand_slow, market dull; Colorado. Pink Meats, standards, flats, 12 and 155, 1.00a1.25: some falr condition, low s 85; ponv flats, 159 and 18s, 75290; Saimon Tints, atandards, 45s, wide ange quality and condition, best, mostly 2.00a2.25. few 2.50: ordinary to (air quality and condition, 1.00a1.50: Nevada. Hearts of Gold, standards, ali aize, 2.0022.30; jumbos, all sizes. 2.5083.00. Calery—Supplies modecats; demand moderate. market ateady; New York, 2-3 crates in the rough. 2.003.35, moatly 2.00; full crates, in the rought, moatly 3.00. Tomatoes -Supplien moderate; de- mand limited. market slightly weaker; nemegrown. % bushel hampers, most- i around 50. KEROSENE ADVANCED. NEW YORK. September 30 #).— The Standard Oll Co. of New .Jersey has increased the price of kerosens for export in cases ) cent a gallon. ACQUIRE OIL COMPARY. NEW YORK. September 30 (#).— Capitalists of Oklahoma snd Cali- fornia, headed bv James E. Dunn ot Bartlettaville. Okla., have acquired large interest in Gibson Oll Co. Mr. Dunn has heen elected president and Walter R. Crusoe of Los Angeles has haen made a dirvector. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY , PONTIAC, Mich., September 30.—It > understood here that the General Yotars Corporation is preparing to an- sounce a new light alx model to he known as the Pontfac car, which will ‘»e made in the Oakland plant and will el for approxim: $800. BOSTON. Seplember $0.—Easier | nrices at Southern terminals have neen refiected hers in the prices for New River and Pocahontas bitum}- §522.76: | i Raceived by Privete Wire BY WILLIAM F. HEFFERNAN. NEW YORK. September 30.—The mavement of prices on the Curb Ex- change todky was very confuied, as it has bsen for 10 days. Efforts te aus tain the upward movement was netice- able in some directions. while in others heavy liquidation was in progress. The announcement that directors of Charles Freshman Radlo Corperation had decided to omit the quarterly divi. dend of 80 cents certainly was not in- spiring to holders of radio stoeks. Music Master and Theromidine lest a point or more and amaller declines occurred in Freshman, Deforest, Du. bilier and Hazaltine. The atatement that the hankers who held options on Engineers’ Gold would NEW YORK, September $0.—Fel- lowing is an ofcial list of honds and atoeks traded In on the New York Curbd Market today: Sales | Roveands. S 4 Allied Pack 6 Al Pack 3 H 3 £ s ml 268, sy TE e Z ,‘ P 28, t13 22253038 _,, ..__.4 e sEEE=E 3p2 FEF ¥F FIEEIISE T E Srstetens o P Szesade T F SRR 55 oo S e SR S 20 §e3T7E) b M v o T OOy CONL SN O JON . N SO~ O - O, .. 08 %) sirees! Hadd 5 g 2l ] €3 EETp et r eI S e i VINIWE ¥ §& s £ L i - porrars ez i -, s».:g"' .’:n;i o I ¥ Lion 1 Dot MR ;n’wg_e TEE £ RISIRE SRR T FEE # WS o £ 12958010 08, 2328ea023R23525822323828 A ==:==5= e i s e e i PEEEEEECE) 75555575 X, Soex: TN 3 3 B VRRIIFE R I8N ST F 8 SRR S @ £ 5 2% g 8! SE32IJETLSR23TS S Salesin STANDARD O uaits. yosnis fover. 3 o . ek 1 Chaasbroien uie 88 o £ QO00E| o A . S eiaelissinudaguay FEE T RS IT I prrorde DEPENDENT OIL STOCKS. Contr Oilfids 3 Maracaibo 3 Feie 2 >> 5 53 % g LorBa ties Service n. 2 o D130 e e 1! & TEEVE ey PIEL 3 TRERLSY R - 3w ¥ e et 10000 10 A 0t Prod 5 New Bradford O Washington_smk Exchange e S o Bl e U X ?«Hi Moy oottt 3%, 1 a at 64 -"nu""of;f’"' com.—10 at okl Shione Jask—t8 a1 401, 2 ac “%anubental” Trust—10 st Norgenthaler Livotrpe—s 187, 1 ulionel Mige. & Inveat pte—50 ai 3 s0 w8 108 % 7B Wk 2 APTER CALL Polomae Plectric §. & . 1083, ishington Rwy. & Elac National 87 »t 5w 7831000 at com. 10w Money —Coll loans. & 8 per cenr Bid and Asked Prices. BONDS. PUBLIC UTILITY P ol. & Tel American ol & T el Am. Tel. & Tsl. ctl. tr. .um‘d- & mac s. & Potor = Sese 2BV ! town Gaa 1 Potomae Eloe Tat 8 Flee. Bolomic Fiee: os T85: Pon. ¢.m. o4 ¥R Petomac R RS2 280 R Wi t, Cold Wt S Yot STOCKS. PUBLIC UTILITY. FELRE v, Waah. Rwy. & Elee. ptd.. NATIONAL BANK. N‘uflcd Capital.. . ...l g it nous coal. which now is offered at |‘Wssh $6.26 a gross ton on cars. Beston desl #rs sayv consumers have bought only for current requirements. ST. LOUIS. September 30.—Sealskin ~nats seem likely to be higher this Winter, judging from prices brought tor Alaske skins at the Govarnment 2uctions here. sidns brought $340,500. PHILADELPHIA, September 30.— Varn manufacturers are feeling the improvement in the demand for woel- ens and worsted and are he¥inz firm with the bellef that prices will ad- Appreximately 9,300 | A Com: Fast Sec. b Waah! TrTLE INSURANCE. A MISCELLANRIUS. vance. Jersey cloth and halbriggan varns are in continued demand. 8T. PAUL, September 38.—The highest prices for steers aince 1920 ware Yecorded rhis week wrnen a car- 10ad fed at Herman, Minn.. brought $2,498, at the rate of 31t & huadred. 3.,55.'..‘.:";15"3.'3'56&-1. \;E 3 . | clall.—Business an {cant cenvertible Direct te The Star Ofce net exarcise this in view of the repart submitted by their mining eagineer after his inspection ef the property ‘was followed by tie statement frem oo} of neers’ Gald that, In v"flnhuftuwm ctm:::.?;.rn-'t the W reprem wank- ing interests and pervious reparts by the cempany’s engineers, the company has retained ypreminent mining en. @ineers te make further reports on the * Rickenbacker Motor, which recen 1v had been dealt In in the “oversth market,” made its dobut asquent byt later dropped below the oDening figure. 13% 133 by ‘%’ 2 # i gogBacy B IS e TR, e FP FEE> WIT JHINT T ITRN S §E TRINEE §r8 o e e =1 B P>> 22>t ' wia B Selsgannat u - 9 Cansea » LR T ,_ gsemmaouoroocsninpes W&WIM‘WW.'; P 0o e +00 o B sienaszozny TR I T T Sen R b % 3 § ¥ T R § N SSEET 8 STERTREETR 58 N EFEr N T5ass T e eogeiint, . wypgn s, oedn i o D958 00 2oueBi BXOO! mg_’lzg x éfi_“ - 3 Sy [§ i3 SH S v SRE! oo oom. 33, TN - o rorere om0 D I 4o .w« 2 4 Y, 00 s FESEF ISASF § ¥ S5 65 £ 5 F o we v L - siasese o ' BN TES - » B coreress 1D e F PN EEOE B Saon, 4 13 - w = 28% » S - > ) IS - B Se's VIS W JER T PERET L COTTON FUTURES IN ADVANCE TODAY Cables and Bullish View of Weather Report Are Leading Faoctors. By the Amociaied Press. NEW YORK, September 30.—1 | cotton market pened stsady today at an advance ef 1 to 1! points. Many overnight selling orders from the South and local and Walt Street sources we: market advanced to 23.51 for Decem- ber contracts, or about 16 to 19 points net higher. Buying was encouraged by velative- ly firm Liverpool cables and rather a bullish view of the weekly report of the Weather Bureau. There also was covering and some buying for trade accounts. The demand was not gen- eral, but proved sufficient to hold the market tairly steady. New Orieans Quotations. NEW ORLEANS, September 30. Cotten futures epened steady; Octo 22.66; December 22.75; January, 22.6i March, 22.§9; May, 22.60 bid. Fir trades showed no change to 5 nointa advance. Cables were 2 little hetter than due, an the weekly weather and crop report was considered rather un- favorable. Prices rallied right atier the call December trading up to 22.87 and March to 22.77; prices continued to rule steady up to the end of the first half hour of trading. The late months, which were weak in yesterday’s ma- ket, were firmer than the near posi- tions this morning. The weaths: map showed little rain in the belt APPLE SHIPMENTS IN SHARP GAINS Potatoes Also Being Rushed to Market—Price Trend I Now Upward. By the Associated Press CHICAGO, September 30.--Anples and potatoes are now leaders of the marketing movement of fruit and vegetables. Ths Government Bureau of Agricultural Economlics reported today that in particular tha movement of apples has been gaining velums rapldly, total shipments for the week being, 5601 carloads, as compared with, 4,228 a week ago. Big shipments of potatoss also are in progress, averaging close te 1,000 carloads a day. Notwithstanding the great and in- creasing supply of apples and potatoes, the tendency of the whole list of fruits and vegatables, peaches exceps- ed, is to higher prices following a downward trend of fuly a month. ‘The report says the change of trend may be only the uaual rebound a long drop, and that it seems 1 early for a sustained move upward. Demand has been active, however. |ATLANTIC COAST LINE WIPES OUT DEFICIT NEW YORK. Sepiember 30 (#). — [In contrast to a deflelt of 358,209 in August last vear, the Atlantlc Coast Line Rallroad reports a balance of $305.457 after taxes for August, 1926. For the 8 montha this vear the bal- ance was $14.701,027, against $11555, 657 a ves: ago. LITTLE FLOUR SHIPPED ABROAD THIS SEASON 138 | Millers Report Surprising Lack ot | Demand tor Europesn Trade. Special Dispaten 1o Tna Sta MINNEAPOLIS, September 30.- American millers are almost slimi- nated from the Euwopean foreign trdde, according to the Northwestern Miller. It savs: A year ago at this time mills could hardly supply the European demand for flour of every grade. They were fighting with each other for steamer space, and steamship lines were add- ing ra sailing dates for every ves. sel they had avallable. In comment- ing on the changed situation which exists currently, one miller quoted from bis records to show thit last year at thia tims he had sold 57,000 harrels of flour to Europe, whereas 50 for this vear he has sold 300, and most of that was second clear. In- quiry among the mills reveals that » - S 2282 53BE e e T I oo ors et e e e S o o £ —— e 85355838 w58 w,..u P 3,8, £2. 52" 3 & ¥ @ — MATL BUSINRSS GROWS. BALTIMORE September 80 (Spe- of the American ‘Wholasale Corperation, which dees a wholesale mail order business chisfly in the South, has Bean picking up sub- stantially since early June. In con- sequence teotal sales of the company for the first eight menths are shead of similar period last year. August sales ameynted ta 33,404, against $3,202,241, & guin of $20 ——————— 316G MERGER THOUGET NEAR. NEW YORK, September 30 (#).— Recent sharp sdvances in the baking shares, with General Baking in the laad, have created belief In Wall Street that the monster merger frequently discussed 1s nesr at hand, with an an- neuncement probable in a week or so. . |The yltimate combination is expected to include. sugar refineries, flour mills and éaliry campanies. FEW STOCK 18SUE COMING. NEW YOI Beptember 30 (#), Directars of Tilinols Centra! have therized 1ssue of € per preferred stock, series A, in an ameéunt equal to 16 per cent of common stetk as of Octo- ber 22. _The eutstanting common this proportion i3 not far out of line. ‘The trade with Latin America, how- over, has held up remarkably well. Mills which had aiready established their brands there have sold as much | or more flour than ut this time a vear ago. $6.000,000 IN NEW PAVING. CLEVELAND, September 30 (Spe- clal).—Approximately 76 mlies of new street paving is nearing completion here. About halt the werk laid onut for the vear has been finished. So far 256 streets have been paved or % |are in process of paving and contracta for paving 35 more streets will be let shortly. The work to date has cost $6.518,449, or $6.16 a square vard. Bend Interest Cempounded ---$70 » year ~n $1,000 and a proportionate re- tumn on the amaller denomina- tions, of $500 and $100. That is the income you can obtain for any peried from 210 10 years by investing now in 7% Smith Bonds. Morcover, under our Investment Savings Plan, yeu may further inerease your inceme by cem- undiag your interest at the full rate. Thus, if you have a §1,000 Smith Bond paying 7%, and simply reinvest the coupons at 7%, you will bave, at the end of 10 years, nearly $2,000. Send your name and address on this advertisement for our two booklets, teiling the facts abeut: 7% Bmith Bonds and explaining our Investment Savings Plan. Ne Lo to Awy bavcsier (n 52 Yours The F. H. Smith Ce. Fouaded 1873 815 Fifveeath Street--Main 6464 Now York W, , D.C. Pitwburgh Phhadcsihla Minaespolie soon absorbsd and the i | Freight Embargo In Miami Area ! Will Be Resumed Srecial Disgaten to Tha Star. MIAMY, September 30.—“The Asad freight” embarzo here, lifted lest week, will be made ective again tonight. Thers ars 480 cars awaliting unloading {1 the vards here and 4,000 carloads of freight are held at Jacksonville for mova- ment to east cozat cities. Periahable freight will continue to move un- restricted. “Prompt Acttan First Mortgage Loans Lawest Rates of Interest snd Commissier ‘Thomas J. Fisher & Cempany, Inc. 738 154k Strest REAL ESTATE LOANS - oy ARY aMOUNT o, S R VST B a3 FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President QUICK LOANS On Your Real Estate Equity $100 to $5,000 No Walting—Courteous Servics District Loan Procurement Ce. 1417 ¥ 8t. N - lia«.r‘A' tomar Baak Bids. R = Opan K 0fice w 715 14th 8t. NW. WMaia A63 40000006066 00000 Pabliz Ser of New Jersev Bividend Ne. 78 sn Comman Josk: Dividend Ne. ¥ s= 3% Cumulative orred Steek 209000000 WE PAY MORE INTEREST l ON SAVINGS ACCOUNTS | Tbao sny ether National Bank in Washington Tnteres on DAILY Balances Cos Commercial Nat'l Bank ; Uth and G Streerr | Resources $17,000.000 8. GOLDEX DONALDSON, PRESIDENT in sad let as explain ond Tst No ! $18,000—3 Years $300 Me., Includ. It $30 Mo.. Includ. Int. 24 Others $150 te $10,000— Totaling $46,000—Maturing From 6 to 54 Month; Attractive Discounts Subject 1o Prior Sale Lists mafled weekly on request Anchor Realty Corperation Southern Bldg. i Houses Business Properties MORTGAGE LoAN N33/ Connecticit Hoenue, OLDEST National Bank in the District of Columbia —— COMPLETELY EQUIPPED TRUST DEPT. SPECIAL DEPT. FOR LADIES. AFE DEPOSIT AT SoxEs. others. COMPOUND INTEREST PAID ON SAVINGS Our 639 First Mortgage Notes -—wil) pay handsome dividends long after the bright promises af the get-rich-quick schemes have faded away. Latest Report —wstimates yearly 103265 2t One Billfon—not one cent charged to First Mortgage Securities Invest safelv and watech your assets grow. Notes now on hand in amounts of §250 up. Chas. D. Sager Loan Dept. 924 14th St. M. 36 Owners! Personal ent attention property. 32 Years i —of successiul experi- ’enre in property man- agement, specializing in the management of apartments. B. F. SAUL CO. Main 2100 925 15th St. N.W. and persist- to vour 77 With Perfect Safery TWe will invest vour menex in aums of §250 and up In First Mortgaze Nolas secured by the finest residential property in Northwest Washington. Prop- ercy that s worth at least twice the appraised value upon which these loans were made. Hase o talic with Mr. Kelley In ear men will ‘evplata’ the srevesition fully. Nearly 300,000 new investers purchosed Flectric Light and Power Bonds in 1924 “Power eand Light,” our hooklet, tells about request ior . E. H. Rollins & Sons 3ia 418 Woodward Blds., Washingtos The New York Life Isurance Co. Offers to Moke First Mortgage l.oans On Improved Real Estate in the District of Columbia 2nd Nearby Marvland Suburbs for 3. 5 or 10 vear Periods. 5V2% ON APPROVED SECURITY Apply RANDALL H. HAGNER & COMPANY Apartments Office Buildings GORRESPONDENT Jelyphonebuin 5700 5:30 P.M. Today —and tomor- row for the con- venience of our many pa- trons in the government service —and Ji g1 giny (1% (I L I | P A Orgoniged in 1814 National-—m Years Old Metropolitan Bank e U. S. Ty FINANCIAL. For Investors 6% First Mortgage Notes Deneminstions of 3100 and U, All Details Given Premp: Atteation | See Mr. O’Dennall, Mgr. Mertaege Depariment 14tk & K Main 9030 Money to Loan Secursq hy firet dead nf trust en res! estale, n Prevalling intereat and cammi, 498 Wash, J 1. Walier e MONEY TO LOAN —on First Mortgeges on im- proved_property in Washing- § ten. Current rates. Prompt § service, SHARNON: & LUCHY| 713 & 715 14th St. N.W, Ceatineatal Trust Company Capital One Million Dollars 14tk & H Strects OCTOBER MATURITIES ~will have 10 he reinvesied ai once that they mav centinue their earning powe:. Why risk the uncertainties of market fuctuations, indus- trial ch ABSOLU namely, o2, elc. ELY SAVE, and when you can placs your funds In securities sound NON-FLUCTUATING, FIRST MORTGAGE 6!, NOTES secured by first lien on {mproved D. C. property. Pefore you place your October funds CONSULT US. NEVER A LOSS TO ANY INVESTOR MORTGAGE INVESTMENT DEPT. [SHANNON- & TUCHY)| 713 and 715 Fourteenth St. N.W. Main 2345 First Mortgage Notes SECURED by more than double their face value in FOXHALL VILLAGE, “America’s Finest Group Home Community.” BOSS WD PHELPS . THE HOME OF HOMES (417 K Streer Main 9300 7 seud i ‘usireed booi.- on POX- ;7 waLL vILL4GE. ' 4 ’ ;7 Name .. Equitable Co-operative Building Ass'n JOHN 40Y EDSON. President Organized 1839 Assets - Subseripti FRANK P. REESIDE, Becretary 45TH YEAR COMPLETED ..$5,081,314.3¢ Surptus .. s for the 89th Issae of Steck Being Received -$1,352,340.93 The Time to Save 1s NOW While vou have a steady incoms 1s the time 1o save. hest I’ 3 systematic adopted by many JOIN TODAY You can save with esulte threugh the Eaumnable saving plan being 3 Shares $2.50 PER MONTH 915 F St. N.W. 6%% 'i'ime Proven Real Estate Mortgages trict of Columbia. and upwards. wost request. 912 15th Street HE loans do not exceed 30% of the property and are secured on in- dividual homes and income-producing busi- ness property and apartment houses. exacting snvestment OR over a third of a century this Com pany has made conservative First Mort- gage |.oans on improved property in the Dis- of the value HE mortgage notes bearing 6139, inter est are available in amounts of $500 This charge. attends to all of the details in con- nection with the investment. Company, without List of offerings to meel the re qusremients will be mailed upon H. L. RusT COMPANY Main 5888 WASHINGTON, D. C.