Evening Star Newspaper, October 19, 1925, Page 21

EINANCIAL. EGGS ARE SCARCE | AND ALSO HIGHER Beef and Fruit Prices Are Received by Private Wire BY WILLIAM F. HEFFERN | NEW YORK. October 19.—A flood | of selling_orders came upon the curb market shortly after the opening to- | day and continued to make themselves felt throughout the first two hours before there were any signs of a movement. NEW YORK CURB MARKET THE EVENING STAR, WASHINGTON, D. C. Direct ‘6 The Star Office had been the leaders in the upv«ard moveéement. Losses in high-priced public utili- tles wére quite ag sharp as had been the changes on the &ide of advance in | the bull speculation. Carolina Power at 420 compared with the Saturday cloge of 400. Natlonal Power at 380 COTTON 1S FIRM ON FROST REPORTS Liverpool, Market Also Strong FIRST MORTGAGES FOR SALE Denominations of $250, $500 $750, $1,000 and Upwards 1 6'2% All Loans Made on Property Located in the District of Columb'a JAMESF. SHEA MOXDAY, OCTOBER 19, 1925. MONEY TO LOAN —on First Mortgages on im- proved property in Washing- ton. Current rates. Prompt service. FINANCIAL. Prompt Actton First Mortgage Loans Lowest Rates of Intersst And Commission | Thomas J. Fisher & Company, Inc. 738 15th Street FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 ! 1315 F Street JOHN POOLE, President Money to Loan Secured by frst deed of trust on real estato. J"q’h lmw‘:u;t au‘ Commiseion, Trw | anh. L. » Oth & F check to the downward They swelled the volume of business o unusual proportions and carried prices down sharply in all directions. Motors and public utilities were the two groups to suffer n as Week’s Trading Opens in Big Markets. Almost Same as They Closed Last Week. lost 12 points. Power Corporation, 4: United Light, class A, a like amount and Nevada-California Electric, after »pening 10 points higher, lost practi ally all the improvement. 643 Louisiana Ave. N.W. \REAL ESTATE LOANS First and Second Trusts Construe Loans Lowest Interest Rates N. L. Sansbury Co., Inc. 11418 Eye St. NW. Main 5904 713 & 715 14th St. N.W. Main 2345 WHERE YOU BANK is no small importance, for it often fixes your busi- % COMPOUND INTEREST PAID ON SAVINGS By the Associated Press. NEW YORK, futures opened Dece n|||l\| | March ket Etrictly fresh eggs are very scarcéh, of dealers reported this morning, and all sorcs of prices are acked for them, aski as much as cents per dozen. Should weather con Aitions remain favorable, however, the fresh stock a matter tober 19 October, fon et [ v it Leonard iex P ount Prod 1Mot G "B rad o e Cotton NEW YORK. October * p 2 g i= an official list « stocks traded in on the Curb Market today Sales in thiusands offer a limited number of choice 7% First Mortgage Notes secured on northwest residential properties £100 and up— attention some dealers 3 New B ng Nex Nobie 011 & s an Amer W Pei 3 ¢ Standing at_this cen- tury-old bank confers definite prestige—puts vou in good “husiness company.’ Well be pleased handle yowr account National Metropolitan “Bank Organized in 1814 15th St. Opposite U. S. Treasury in Texns, cold weather before the local openin, here was further stimulated by cables The advance, however, met consid erable hedge selling or pressure from | other sources, and after selling at | 21 it tl art, December tra ieted to 2158, with the ma ket showing net advances of 3 to & points The forecast was tonizht in northern entire belt. followed | peratures tomorrow w Orleans Quota < her SPECIAL DEPT. FOR LADIES _Pack creased of s are looked for Hennery were quoted at 80, dealers «tated. and were scarce at that price. There was no change in utter prices reported, and prices of most food stuffs this morning were the same as at the close of the market Saturday. receipts firm ezes SAFE DEPOSIT Stocks Bonds BOXES 0dd Lots Carried on Margin Buck & Company ~—BROKFRS— & ablislied 1916 i 312 Evens Building = 1420 N. Y. Ave. NW. || 14th &K Tel. Franklin 3200 Direet Private Wires to New York INDUSTRIALS Sup M i of prompt Denominations details given See Mr. 0'Donnell, Mgr. Mortgage Department, Today's Wholesale Prices. all Butter prints, Mtore packe frost sections by OLDEST NATIONAL BANK in the District of Columbi Faney 53 5 Alpna Por 35 selected. eandled. 30 5 a\manv receipts, 46ad?; hennery white, Poultry, tub, of rising ', the tem ns. 19.—cot dy: October January, 21.00 alive—spring chic echorn chickens 2¢: medium hens. 35038 ducke, 2022 Dressed-—Spring 30a32: fowls, 30a31 ton opene 21.10 wher, 20.9 March. 20.95; May, 2041. The mar ket opened steady. First trade showed gains of 9 to 11 points, due nly to the colder weather in the orthwest, with frost AN | ———— freezing temperatures. Prices gain- | ed a few points additional right after | i [the call December trading | and March at I | off. however, losing 7 to § po the early highs, notwithstand | forecast for heavy frost in the N west tonight. Trading was | COTTON PRICES AROUND NOON | NEW YORK. October 18 (8. 11:45 | Under Gosernment Su am. Bids stendr. October, 1 De 4 Cember, 5155 danuare. 2084 Maren, ||| Subseribe NOW for Stock in 21.13; May, 21.30 | the 34th Series NEW ORLEANS, October 10 Cot. | ton futures, noon bhids steady. Octa. [ber. 20 December. 20.98: January. 20.95; March, 20 May, 2089 | LIVE POULTRY MARKET. | ») Poul 1 Bohn Al % Boimtonnauit @ ¢ 3 Bowe éu. Lew Bord peese chickens turkeys, 40 It Is Not Too Late Stock 16: hogs, Meat 18 30a32; hoge. ked shoulders, Calves 15 veal 14 lambs, & L itoba Pow rrie & at Datl Pr Spring, 20822 g Situated to Sell THE Southern Building is a high-powerd sales man. No address in Was ington combines conveni- ence, character and refine- ment to a greater extent than does “Fifteenth and H Northwest. And that means that for the high- grade firm The Southern Building facilitates client- contact and facilitates sell- ing. Day-lighted offices, cheerful corridors, fast ele- vators and a building service that strives for the superlative encourage vour decision. Four phone enll commands the manager to exhibit the fime affices ang swite waiting to sell To change vour plans for investing such funds as you available during Octo- hams, 3 THE MUTUAL SERIAL EUILDING ASSOCIATION Organized October, 1892 Fruit and Vegetable Review. Today's market repe on fruits a )I vegeiables (compiled the Market News Service Rurean of Agricultural Eeonomi id: Apples—Supplies liberal: demand maderate. market dull: harrels, too féw sales reported to quote: hoxed, Wash ington. medium to large sizes, De- licious, extra fancy, mostly 3.30: faney 3.25: fancy Spitzenhergs. com: hination extra fancy and fancy Jona thans, 2 bushel haskets, Mary. land. Virginia and New Y various varieties, medinm 1.25a1.75: fow hest Suppuies Teral arket steady have ber. We ervision can supply excellent FIRST MORTGAGE NOTES in denominations of 8100 up—all of them se cured *upon INPROVED REAL ESTATE in this city Rib a2 < Ruh 6130 Shares $1 each payable monthly 6% Interest Paid at maturity Joseph Goldenberg President Thomas E. Petty Secretary 1421 U Street N.W. J. Walter Stephenson Treasurer 306 7th Street S.W. | The Southern Building 15th and H Streets N. W, WALKER Main 2690 Southern Ruilding |!9m4 nd . Absolutely Safe Liberal Interest Up-to-date Service. Celery Market Celery—Supplies moderate, market 23 crates Golden M n nt Dept [SHANNON_& LUCHS] N.W. REAL ESTATE LOANS e mu‘Ju F&\é"{fi"u FRED T. NESBIT INVESTMENT m.n Main crates. mosty 3 Grapes. ern supplies light: mand moderate, market firm: New York. 2.quart climax baskets Con cords, 26a27. Western supplies mod erate: demand moderate, market ateady: California. crates and lugs Flame Tokays. mostly 1.75 Lettuce —Supplies moderate: demand | moderate. market firm; California, crates Ieeberg type. hest. mostlv 4.30. Onions—Supplies moderate; demand moderate, market steadyv: New York and achusetts. 100 pound sacks Yellows, 1. & v 250; few small size low : Pears—Supplies ited. market steady baskets Seckels, gon. hoxes Bos de- | St. 14th Main 2345 =715 5 0000000500000 009 WANTED ! SECOND TRUST NOTES # 7 Equitable Co-operative Building Ass’ JOHN JOY E Organ ght: demand New York 2.25 lim bushel 50 Ore ate. Prompt in every case resident ed 1839 85,031 811.86 Washington Investment and Transactions Co. 13th St N.W Main 366 2000000050000 We Buy and Seil Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street FRANK P. REESIDE, Secretary ST VEAR COMPLETE Surplus L] Subscriptions for the 89th Issue of Stock Being Recelved YSTEMATIC -—Sh AVING N Make up your mind to join the $2 50 Equitable’s ° plan and save regularl Per pay I 1se thou now saving thru this plan is evi- dence that it's hest. JOIN TODAY 915 F St. N.W. 0000000 fan. Potatoes Bit Higher. Supplies heavy: moderate, market slight Michigan, 130-pound s ¥ &, T'nited Sla(?< N Sweet potatoss mand light, marr\rt dull: orth Caro- lina. cloth-top stave harrels, Yellows, No. 1. mostly 4.00; red and white yams, Nn. 1. 3.00a3.50. Cauliffower —Supplies mand moderate, York o maoder hoxes smaller POWER PLANTS HELPED. of Rain Great Relief to| Drought Conditions. $pscial Diepatch th The Sta ATLANTA. October wedk of stéady Assets OUR FIRST MORTGAGES > purchased on the Plan, of princ 6Y2% which may he S 2003 0 xanm Pa 300 & ® * * < * < * b 4 < < < & :“0 1500 Vagium O wv s Wi Saes INDEPENDENT OIL STOCKS. in hdrds. A 3 10 Atiapee 0 & R Oilflis Nat Gas Sy ihsolute safety land svstematic savir isikkd investors an adequate market steady Long Island. erates, mostly 3. n; Supplies Hght demand te, market steady: Florida on - Browns, 2168, 9.00 vield er e return. If can month or more for ten months, Tolumbian Syni ¥ O & Ref id ol Co Quarter s vou pay $2500 a of a Century : : Without a this plan should appeal to you. Loss us about it. Week Call to sec ila hein Dodke. ¢ il & Laké Er ja r»n-h Fix o Almast rain throughout the 10 at 101 t ) =outhérn Appalachian région has put 10 1 FONTIRN A heavier flow intn the mountain | s stréams and greatly inereased the available power from hyvdro-electric plants supplving Southern indnstries The power supply ia not normal but it is believed full time oper ean he resumed soon in mest tricallv-operated industries | 8100 S areg FLOUR EXPORTS SLUMP. | *'W\AL000 Gae Lieni—io at 35, i, Octoher 19 (Special). | 101 rodstuffs last week hushels of grain, of 616 of oats was | »f 74.651 bushels. | 191,209 bushéls of vas exported to Rotterdam harrels of flour was ex- 300 less than in the previous 19 a urity Rak Trene Mh Bem Gise] TeA ! 1R % D N T v I)ZE-n Motor The New York Life Insurance Co. Offers to Make B. F. SAUL CO. Main 2100 10 at S ar First Morlgage Loans : r‘ A i On Improved Real Estate in the District of Columbia and i Nearby Maryland Suburbs for 3, 5 or 10 year Periods. 5Y2% ON APPROVED SECURITY Apply RaNDALL H. HAGNER & COMPANY MORTGAGE Loany GORRAESPONDENT Telyphonatizin 3700 Wt Rws, & Elbe pfd—10 ar ety in e R " tonal Bank—1 at 400, otebeT at Abi 1 AFTER CAL ! o Washineton 10 925 15thisSt: NW. élec- EXTEEIN 25 at | 40 at First and second trust real estate notes secured on in- come-producing real estate in Washington, D. C "!l'l!!\l Tr\nlmu Co—10 at Sl Houses Business Properties Apartments totaled ntaled Office Buildings which all e whéat, Monés ¢ nII 10ans. 5 and A per cent Bid and Asked Prices. BONDS. PUBLIC UTIL] Telga. 4= Telga | 64% Time Proven | Real Estate Mortgages Construction Loans Made for long - time peériods amounts up to $3700,000. Real Estate Mortgage & Guaranty Corporation 26 Jackson Place N.W. Resources—$2,500,000 L. E. BREUNINGER, President Américan Tel. jan Tel | Am_ Tel. & Tal. ctl. tr. Anacostia & Potomac ported week Vie b Proa Export ortington Co. . Tigne Lux Pic A i 10013 | N in JEWEL TEA SALES. NEW YORK, of Jéwel Tea weeks of 1 increaséd to $10,441,6%0, compared with $10,261,187 in the :..mu,".‘;l;‘;‘.;: period last year. r EVERYMAN’S INVESTMENT! GEORGE T. HUGRES, -y S Pttt AN 135/ Bonmectiout Toe nue, D['RI.\T; the past thirty-six vears, the first mortgage notes purchased by in- | ashinetan Gas e Washington Gay § B R Waeh. Rwy. Wash. Rwy | MISCE 1D C. Paver Co. 6 i St vestors from this Company have proven sterling investment qualities of safety, ~.“_‘ Tow bi profit and convenience. The present offer e o new wi Vils Co ' nf wi iw 10 Yellow Taxi Ny L3} ings maintain the same high standards. They are Mkt Cold Storags 3¢ Wariman Park Hotel e STOCKS. PUBLIC UTILITY. p Tel & Telea on Unlock the Wealth in Your Savings EVBRY dollar that you save has within itself a hidden wealth of earning power, which, over a period of years, can mul- tiply your actual savings. Suppose, for example, & man starts at the age of 25 to invest $10 a month in 7% Smith Bonds, and reinvests the interest at 7%, At 65 he will have $25,671.91-- $4,800 representing your actual savings and $20,671.91 com- pound interest. 7? SMITH BONDS aresold 0 outright or under our lnmtmmt Savings Plan, which z- 7% on nvlngu of $10, $20, $50 of more a month. Send your name and address on this adver- tisement for our free booklet. " NoLows 1o Any Invéstor in 32 Years The F. H. 8Smith Co. Founded 1873 Smith Building Main 6464 815 Fifteenth Street, N. W. Philade) Nt Misnespoile Newyork Pltuverh 116 Installment Buying. } Concern has been manifested in cer tain quarters over the growth of the! habit of buying on the installment plan. This. it iz declared. fosters ex travagance and might easily léad to disaster. not only to the seller but to the buver. The story has been going the rounds of a Missouri farmer who paid cash for an automobile, hut gave his note for eriticism is not so much that ommiercial hought the passenger car outright RE - i that he did this while he was deferring | Eamar Ameris payment on the tractor. Liberty - Whether not it is wise to buy on the installment plan depends not <0 much upon what is bought as upon the use {o ‘which the thing purchas o is to be put. It may b that this farmer chos right course. The tractor was a pro- ductive agricultural implement and might be expected to Incréase his profits. If so he was justified in bor- rowing the money to pay fof it, as every business man does. Banks exist to loan money for capital uses. Probably the automobile fer which he paid cash was also productive in a different way. At any rate, when alarm is expresséd over the increase of buving by partial payments some careful distinetions should be drawn before any panic is aroused It is an entirely sound proceeding for instance. to acquire good seeuri ties on the installment plan. aly providing vou buy reliable seller. Als the security itself is well selected Rorrowing money at the banks to this énd 1& commendable if one doss not unduly extend himéélt: by that 1 mean borrowing a larger sum than one can pay off within a réasonable time. (Coprright. 1925.) 9 Canario_Co Chino Bt Mines Look To The Squirrel! America THE squirrel is a provident little fellow. As you pass by the wooded lawns watch him scurrying to his tree-hole with an acorn held fast in his mouth. He is laying in a store of protection against Win- ter's chilly blasts. AFE. because the mortgages are not only & Elec. pfd. NATIONAL BAN National Capital Bank.. Columbia : wash. Ry abundantly secured by the property, but are the direct obligations of financially re- sponsible borrowers. M Lt Premier Gold M Warrior Lincoln Narional vum.mm.n cond 5 S Bank ot Washingion TRUST COMPA: o | American Seq ity & True Continental Métchants: Bank.. Many a man can profit by the squirrel’s silent advice. Many ‘men have already done so. That is why we have found a market for our 6% First Mortgage Notes for fifty-six yeats. PROFITABLE, because the present mort- gage notes pay 612 % interest. PAPEB COMPANY'S ASSETS. NEW YORK, October 19 UP®).—To. | tal asséts of International Papét Co. |and the wholly- uwnu nubsldhrle- on August 81 were $139,054,944, againat $102,101,816 on Decem!ser 31, 1924, Current aseéts were 332, ;uu 188_and teurrent liabilities $5,180,456. Proft and loss alirplus was $20,293,804, against $18,144,986 at the end of 1921, WOOL MARKET HIGHER. BOSTON. Octobér 18 (Rpecial Desitable Wools wére distinetly fi at the beginning of the week. Choice finé Ohio fledces tvere Held at 54 cents g v . and quarter blood combing stocks at Panstan Stonoisnt. s |33. Fine térritory waols were mostly ety SO B¢ held around 40 cléean basis. with A nwi'y;" kA nalf bipeds at and quarter bloods a *Ex div. ONVENIENT, because the intefrest checks are promptly received by the in- vestor or his bank on the day due. 727- 15 Street.NW Washington.DC. Kl iion TITLE H. L. RustT COMPANY 912 15th Street N.W. ) Tigle ate Titie MISCELLANEOUS Paver nid chants’ Tratie, & Storais enibaler Linotroe s Thvest pid. i Dt MArker el O 80 120 189 56 Years Without Loss to An Investor Main 6888 t 9.