Evening Star Newspaper, November 2, 1925, Page 23

FINANCIAL., PRICES HOLD FIRM AT CENTER MARKET Week Opens With Very Few Changes—U. S. Fruit and Vegetable Review. | 1 | Wholesale prices opened at Market morning about where they left off Saturday. Trading was volume and supplies ample. | Today’s “Wholesale Prices. Rutter—Fancy, tub, 53: prints, store packed. 35. i selected. candled, receipts. 46a17: hen 0. alive—Spring chickens Leghorn chickens medium ducks. Center this of zood nery, white, Poultry, 30a31; tur-| stock—Calves, 14 14: hogs. 12 Beef, 17al$; , 18a22. Today’s market report on frui vegetables, compiled by the M News Service Bureau of Agricultural| Economics, saye Apples—Supplies liberal: demand moderate, market steady: barrels, Vir a, : MclIntosh, 6.00: mostly York, a inches, Kings, Washing ton, medium to large sizes extr: Delicious, mostly 3.50; extr Jonathan 00: extra Fome: s 60: Virgin mediur baskets and Virginia, ches, eties, 1. Cew . inches, Seek-no-Futthers, : {abbage—Supplies limited: demand | wlerate. market firm: New York Lilk. per ton, Danish tvpe, 35.00 | Celery—supplies light: demand mod wte. market firm: New York, 2-3| Golden Self-Blanching, in the 3.0043.50. Grapes—I demand eady: New lambs, | ancy | faney | extra | stern supplies light. market York. 12-qt laskets Concords, 1.10a1.25; western plies liheral. demand moderate, arket steady: California, crates Imperors, 1.7532.00. moder- | fairl climax ¥ supplies western moderate, crates, Potato Market nce—Bastern sales reported; te, demand California 1 do: nited, m lig supplies | market icebers moderate, demand et firm: New York, 100- lows U Michigan a vellows U atos supplies ind moderate. ma 150-1b. sacks Russet Ru ). 1, £.5026.75; few higher eet potatoes—Supplies demand limited. market North lina, cloth-top stave Porto Ricans No. 1, 3.30: $.00; Virginia East cloth-top stave barrels vellows, ket firm S libera eady bar- 50a | liflower —Supplies moderate, market crates, 3 2.0, limited: de. | firm: Long | a3.50; Oregon mand Tomato Receipts Light. Tomatoes—E: supplies moder: press te receipts light; | demand moderate, market stead lifornia, lugs ripes. rapped and turning wrapped. 3.00; 3.25; Ohio, hothouse, 10-Ib. baskets, | ium size, 3.00. Lima beans—Kxpress receipts nand _good, market steady Maryland, bushel hampers, De receipts | market | , fancy. t—Florida express demand moderate Florida. pepper cra Express receipts light; de- | moderate, market steady; Flor- | a5 pepper crates, medium_size, 5.00 o = | * AUTOMOBILE BUSINESS UNEQUALED SINCE WAR NEW YORK., November > (#) Prosperity of the automobile com penies. as indicated by the earnir larze motor manufacturers the third quar has been un any previous period since earning the Gen udehaker and Chrysler 1 zainz of the pre- and striking increases = period of last rds were estab. and the com and the nin- 1dat er espondin the the iod BUSINESS DECLARED UP TO EXPECTATIONS ). ctivity last improvement few indnstries. | nk reported that | s over the coun- | month had heen to | auarter quarter NEW YORK November revealed that the nfined to a City B s il o the past wctivit \ nent ed expectations. | 110 the bank’s | ies are run. to capacity as they | nnder unhealthful of the fear of en not us. There of buving which signifie prices TOBACCO SALES HEAVY. Stock and Warehouses. 1o Tha is no sian Little New Received at Ma An all and IORE. November cment is reported for Maryland tobaceo totaled 1,256 hogsheads, hozsl heing re- total stock in the warehou of 14,881 | shead | Quotations today for Maryland to- | ta per 106 pounds: Interior and frosted firm leaf. 1.00 to 9.00; sound d greenish, 10.00 10 15.00; 1 16.00 to 25.00; medium, ne red, 36.00 | .00; seconds, .00: sec i qu cales la o only ads leavin vith ceived State he common good common, a0 to 35 tn 33.00: faney. common to me conds, to fine, 31.00 to 35.00: npper country, air cured, 8.00 to 40.00; round leaves (new), nominal. =ood RUBB;ER DEMAND GROWS. \KRON, November 2 (Special) rly cold wet weather has stimu ated demand for waterproof foot wear, and from 25,000 to 30,000 pairs of rubber boots and shoes are being turned out daily at local plant: R. . Goodrich Co. reports a subs ti] increase in sales of this line, compared with last vear. TREASURY CERTIFICATES. (Quotations furnished by Redmond & Dec Der. | true which was in line | & i at this sea- | (o | wasnz { wisn {insic Riges Realty s (long) | American Security & Trust THE EVENING NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. NEW YORK., November trading started the week on the Exchange speculation was as active and price fluctua any ‘time during the present bull movement. The great strength in motor shares on the Stock Exchange communicated itself to the curb mar- ket, and several of the group estab. lished new high records. of Chandler, which sharply in sympathy with |l‘\ Chandler on the big board, and of teo, which was up a point or me tutz and Durant also bore the ran up | share in the improvement. YORK. November 2.—Fol 18 an official list of bondx and aded in on the New Yorl Curb Market today S BONDS. d Pack Ss Alum_ s 3 B o 7aAm Tow 5 5 rob A R e 1AM Theead 5 4 B Ao 4" &7 %0t i St e s AATeaw 'S ¢ 3 Brnerhoard 5 e e 4 Beth Segen i Boston 6" « o Cit Sery - Git Serv B “ons Gas Bal 5s F Cona Tex_xe ¢ ¢ 1 1 3 i 3 G 1 1 Sug s ir Rabt 78 n 1 Cream 6158 Pet tin n Pet 5s It O Corn 5s and St 55 Schulte RE 1 o i Southean’ P&L. § Southea'n P& 11 Swift &' Co 10 011 Prod H< Valvorme O 3 Walw M FOREIGN Prov Santa Fe T Prov Un Aust Siem & Hal & Siem & Hal 7 Swiss Govt 51y Thys Iron & St 7a STANDARD OIL ISSUE 00 Anzlo Am 300 At Loba 400 Chesbr'sh 100 Continent 10 ¢ L P L 10 Gumberland P L. Mig ol n Imp OI Can new 10 md P I nter Pet € 280 Maznalia Pet 100 N2t Transit 1000 Ohin 01 00 Pravie 0 & G'n 203 0 Ohio 1Swan & Finch 1200 Vauum Ofl TR 10375 1001, Sales INDEPENDENT OIL STOCKS undreds Am Maracaiho C Cardinal Pate Cit Serv ned 10Cit Serv pd R lumbia’ Svnd Tie Wi rown Cent Pete Euclid 0il' Co Theon 011 Cor 101 of Pa by Pet o Pet .. ard 0il fon 011 (Vingston Pet Mex Panuco 31 Mount Prod 4 Mount Gulf Washington Stock Exchange SALES. s 65 33—$100 at 102 Tie Power pd. w m—10 at 10 at 137, BE—%1.000 2t %1000 at 49% Pow. pfd. w. 1.—15 at at 200 s &T. 65 Sehinzton Gas Electric vt National Bant ington Res. & Elec 33— ntict—The exchance adiournsd fodas i Tammeet. 1o he memory of Mtan £ Alles presidant of the Riges National Bank. who died Friday. October 30, Nones—Call loans. 3 and & per cent Bid and Asked Prices. BONDS. PUBLIC UTIL masioan TeL Americar ol e el & Tol Anicos "% B Telenhor T Telephone of Va Ca¥ua Traction R R. 5% Suburhan & Telza ¢ Tel poton Potomac o Alex. & MU. Ver T Alex. & MLV no Bait. & Annap. § hington” Gas Minzton Gas 65 & Elec & Elec MISCE Paper Co. - Jomt Stock L Wi W Rwy Wash. Rwy Bi. 3¢ 3 Realty Rewn Blde: Blae C ool he Mkt Cold Stor 5 dinan Park Hotel 6s. STOCKS. PUBLIC UTILITY. & Telga 1411, Tenort) American Tel ) Tra E Steamboat “om vrd NATIONAL BANK. National Capital N Calumbia . Commercial District Farme Wwash. Rwy 1 “Metropolitan 4l Bank of Wash. TRUST COMPANIES. 3 Continental . E Merchants | Nitional sav Union +gan & TraL.. VINGS BANK Commer: h merican . &oreoran ¥u National colum Real E MISC D. C. Paper pfd.. Merchants' Tra Mergenthaler Nati ol Duteh Market’ com. Old Dutch Market pfd Lanston Monotyve ... . Security Stora Washinzton Market Yellow Cab .oooeeet L—10 at | 1 This was | announcement that directors had au- | tions as wild as at|haq been under wa |in strenzth | of common into the * e. | «Imost priced { The Amerlcan Nizer Corporation “B" gained _As|Almost 5 points before the rise was urb | checked and Kelvinator r: v up sharp- movement, which for some time Luy, was checked, at tempor but this was due to the listing of an additional 500,000 shares »f A stock. This action followed the ly. The upward Tran least thorized conversion of this amount Land s rose High rose Co. of Florida shar 8 points at one time public utility shares harply. 1 New Bradford 0 47 New Mex Land i0hio Fuel Corn Peer Ol Corp. Am’Cynamid Am Gan & Rayon Prod. ating ... perpow A nerpow B Ariz Pow & Lt Asko Gas & Ele. TL&P pid ristie Bran Co ve Auto.. 3 Commnwlith "Ed’. 1 Comwith PC naw Commw P on pf n G Bal n ex-d Dairy Prod rtiss Aero curt Aero B pfd Curt ‘Acsats Cor De For R C v 1 ¢ omi| & unhill Intl Durant Motor Duz Co A Bd & Sn'pia B& shn cor Invest Tne & Db Sery ng PSP P ptd1 Fageol Motors'Co Fed Finance & wi Fed Finance B Wi Fed Motor Truck Film Tnapec M Forhan (5 A Ford Mot Co” Can 6 Frank il Mf Co et R G thma Garod_ Corp ien Bak A Bk, B cal FireplE ien G&E new A Gillee S R ox-d 105 Ry Pow .o 10 L Pow & R n° Alden Coal 1305 sdyear Tire T 48 13 otham Hos wi. 313 Tenan’ Bai Grimes R & ¢ R Hapminess € <1 & Abpiness 3 Hevden Chem 4 Hiliman R pfd 3 Hood Rubber Hom & Hardart. 90 Ind Ray Corp. A Tneuranes CooN 4 Inter Contl Run Intl Conor T ¢ Intl Mateh € pra Sint Tl B 21y Johns-Mantiiic 3 Tones Ratio 64 Kelvmator ¢ 11 Kesato Solether 4 Landov Hold ¢4 38 Land_Co Flor wi 10 Iah Pow cec vie 232 Tah Val Coal 31 Lenign” val’ CXi ' L Dwens sh Lib R Ch Stract a0 ¢ 11 Ao Eil Mid W Util pf Mid W U or'lien Teather Nat Pw & Lt Nat Pw & S nid 1007, v efe. 13 outlet Co E Phila’ Elec Pitts & L Ere 9 Power Corn X Y Pratt_ & Lam Pug S P &L Purity _Bak Rem ~ Noiel Repuh M eo Mot Rich “Rad’ ‘new Rickenhacker M 3 Rova Radio Roral Bak Pow afaty Cable Sthuite R'E wil - Sharwin Wms Co 4 Siliea G P 0 vie 1 31 Singer Mix 3 Sou i""vhbmrnl.fi H( 9 Southw Ball pfd. 1 YStd P& Rl A iStand Pun € A td Tank Car Co. tand T P B pfd E Mot 3 Swift Inti i Swift & C & Thermio Thomp R C imken Axle # Toh Prod Export 1 Todd Shin R Tower Miz 166 Trane Lux Pict’ A 3 Trumb “Stl ung § Lamp wi _16Tung S Lamp A 51 Tub A S B vic 1 Trus Con Steel: 86 Union_Carbis El Stuty Phiing - Tail Mach o A car e i §YACAr G B 3 0P B w 5 Watworn § 3 Wear P ME- - i Wwest Pow of 1 Wie & e Ll den $Wils & Cn pf wi 5Yel Taxi € N ¥ MINING STOCKS alaveras Cop Ext Mines | “ons Copver M. . “opper Range | reseon Gold Yoroles M 90 Flor Goldfid M. - 2 Golden Center N 37, 160 Hawthorne M ] 1Jerome V' Devel Kay Copper Cor 6 Ohio Cop..." " 10 Parmae B N iid, 15 Portl Gold Min.. 20 Reorzan. Div An. 8450 Am Gold & B 5 Tc Ext .. 1008 Conul.. ah “Apex 11 Wenden ‘Copi LEAD PRICE NEW YORK, ADVANCES. November 2 (). melting and Refining nced the price of lead 75 cents per pound. S Co. today adv from 9.50 to 9 With a cast composed entirely of members of the family of John Buc- han. the novelist, I minor parts by other relatives, a play was present- ed at Broughton,” England, recently. STAR, WASHINGTON, TRUCKS TOCARRY FLORDA FREGHT |Congestion on Railroads | Cause of Move to Get Long-Haul Business. | BY J. C. ROYLE. | ! Special Dispatch to The Star NEW YORK the most severe sto block highway traffic between the | North and South during the comin Winter. Preparations are now heing made which will result in hizhway trafic which has never before been | equaled in the United States Freight congestion in Southern terminals has led a dozen Northern | porations to prepare to put on lon truck lines between Northern | | manuf; uring points nd Southern | consuming centers. Passenger con gestion on the railroads will be ma terially relieved hoth through the use | | of private automobiles and the ne tiation of new through bus lines, mak ing schedule runs from Kastern and Middle Western points to South At lantic and Gulf districts, Trucks Plan Long Hauls. The first of the new covered w | which will pi over this territory, will be dispatched ! from New York before the first snow. | The crews, with relief drivers, - pected to cover a minimum’ of day. Some of them will be pro. vided with sleeping accommodations on the vehicles which they drive. This movement is expected to add considerably » traffic congestion in larser cities through which m paas Steps already heing aken in some centers to meet this added con <tion, in Philadelphia par- ticularly i Southern Razds Crowded. | Dispatches from New Orleans | cate that the roads of the South | coverad with automobiles to an | tent never before known. (- | pickers of Mississippi and Louisiana most of them 1 have received 5 to $2 a hundred pounds for cotton, or double the usual average. Sales of antomobiles have exceeded anything ever known, and a large number of second-hand cars | | have been brought to that secti jand sold. As a result, the roads of { Mississippt and northern Loufsia are so full of cars it is dangerous fol | other motorists to drive after dark. { The new drivers are just learning to | pilot thelr machines, and exhibit little | regard for the rights of the road November ~Only indi are ex ton | ing (Covyright | | | '$1,000000 PAID | " TOBACCO GROWERS ;Sales Very Heavy at Danville, Va. | Prices Also Show Stronger Tone. | Special Diepateh to The Star DANVILLE, Va.. Novembher | Nearly one million dollars | distributed amonz farme tion in cash for their 1oha Iat this point, the official | Danville Tobacco isince October 1 showing that more [than six million pounds of leaf has been marketed here. All of this to {bacco was sold at auction | The deliveries to the Growers' « { operative Marketing Tobacco Associa- | tion at thig point are between three {and four million pounds, however. | bri: ng the total amon »f tobacco | brought to Danville to about ten mil {lion pounds. | The auction market prices are |ing greater strength as buvers re that the crop is short tvpes. warehouse men fat a much h | year. |COMMODITY MARKETS ARE MOST IRREGULAR NEW YORK. November ° Commodity markes i closed extreme broke helow 19 cents a pound to the lowest level in over three vears in | further reflection of another upward | | revision of the Governtent erop esti | mate. Coffee futures mounted to a new hizh level for the vear, while raw suzar fell below 2 cents a pound | {10 the lowest price in nearly | vears. Wheat closed ahout |lower after temporary outh fn"‘n;'h earlier in the week | MONTGOMERY WARD HAS | NEW SALES RECORD CHICAGO, November 2 (#) gomery Ward & Co. toda { the largest month’s xales in their his tory. The company’s October les were $21,964,882 as compared with 1817 in October 1924, an increase | | of 4 per cent. Sales to date for 1925 are $142,512,618, an excess of 13.5 per cent over the corresponding period | in 1924, | has heen of this sec co marketed sres of the ociation on sales 7 week dis Cottan last irregularity Mont POTATO MARKET. 1 . November 2 UP).—Po- ! | tatoes—Trading a little slower: market | barely steady: total United States| shipments, 1,157 cars: Wisconsin and Minnesota sacked round whites, 4.00] a425; frozen, 3.85: Michigan and Wis- consin bulk round whites, 1.00: CHIC. on the Bourse toda Souls’ Day. Beginning November 7 the Bourse will | remain open on Saturdays. 1 LONDON. November is a holiday on the stock exchange | here. | { | PARIS. November BUTTER LOWER TODAY. CHICAGO. Novembe: —But. ter lower; receipts, S: cream- ery extras, 50; standards, 46%: extra firsts, 4612a4813; firsts, 44a45: seconds, | 41a42. Eggs unchanged: 3,455 cases:| firsts, 45a50; ordinary firs WOOL PRICES HIGHER. BOSTON, November 2.—The wool | market began the week with slightly firmer prices for foreign. _grades. Montevideo fine stock was held for 50 cents, grease basis in bond, with its | selling at 49 cents and 2s at 44 cents. Fine cape wools were offered at $1.11 to $1.12 and Australian types of the same quality at $1.08 to $1.12 - ity TEA STOCK INCREASED. NEW YORK, November 2 (&).— Stockholders of the National Tea Company, Chicago, have authorized | the issue of $5,000,000 In preferred { stock and an_increase in the common stock from 50,000 shares to 150,000 as part of the prozram to_declare a stock dividend of 200 per cent which the directors will act upon this week. Froghopperf, an insect -pest, did 000,000 damage to the Sugar crop of Trinidad this year. s will serve to | D. €, MONDAY, New Financing ] In 10 Months | Above Last Year | Bs the A ed Press NEW YORK, November 2.—New corporate issues floated in October ted 8,095,800, 000 in Octoker lust year, the decline being attributed ip a compilation by the Journal Commerce to the small railroad issues, which totaled only $11,468,000, a_drop of more than £100,000.000. The total for the first | | | £334,03 FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOIIN POOLE, President Stocks Bonds 0dd Lots Carvied ow Margin Buck & Company —BROKERS— Established 1916 312 Evens Building 1420 N. Y. Ave. NW. Tel. Franklin 3300 Direet Private Wires to New York Money to Loan Secnured by firat dead of trust on real estate Frevaling interest mmiaston Joseph 1. Weller fin Wb T8 1o 4 z., DU FIRST MORTGAGES FOR SALE Denominations of $250, $500, $750, $1,000 and Upwards 6'2% ans Made on ted in the Dist Columbia JAMES F. SHEA 643 Louisiana Ave. N.W. ~ 1st TRUST NOTES 612 of S100 and up. wecured MARER Vork v 1108 roperty 't of in denominations LOvIS New e M MONEY TO LOAN on First proved ton service S 713 & 715 14th St. N¢W. <. Main 2345 Mortgages on im- in Washing- smpt Dropecty Current rate Apartment owners—\\Ve super- rentals property main- tenance 1:- save owner / attention and / profit. / % 7 sualt with % % . vise us to ar- for from rang freedom details later NOVEMBER 9 1925. We Offer an Unusual Opportunity For Investors 7% First Mortgage Notes Secured on Northwest Residential Properties Denominations of $100 Up See Mr. 0'Donnell. Mgr.. Mortzaze Departmeni CAFRITZ COMPANY | We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street First Trust Notes 8% Secured on homes occu- We look Amounts, the owner. pied by remit interest and after property 82,000 and $2.230. A Limited Number For Sale William P. Irvin 1410 G Street N.W. The Largest Fortunes were started by men who posscssed only 2 few dollars, but who had the wisdom to invest for the “future. Start Today by Buying of today Our Mortgage Investment Notes These Notes <afe- guarded by first trusts upon improved real estate in Washington. D. C. worth double the amount of the loans—so that there can be 10 lass by depreciation. We have them in denominations of $100 to $5,000. Interest Rate Today Is 61/2% payable semi-annually the day due on Mortgage Investment Dept. [SHANNON & LUCHY)| 713 and 14th S§t. N.W, Main 2345 Equitable Co-operativé Building Ass'n JOHN JOY EDSON, President Organized 1879 S Assels 1,811.86 Surplus FRANK P. REESIDE, Secretary 15TH YEAR COMPLETED $1,352,749.93 Subscriptions for the 89th Issue of Stock Being Received Join the Equitable NOW and Save. Izach day brings new oppor- tunities—will you be prepared to meet them If you save svstematically in the Equitable vou will. to start today—and Make up your mind deposit something each payday. 915 F Street Open Until 5:30 P.M. Today 0 COMPOUND INTEREST PAID ON SAVINGS patrons, SPECIZL DEPT. FOR LADIES —for the con- venience o f § i our numerous departmental P " Cons i e Ve IR and for others. One Dollar will open a Savings Account SAFE DEPOSIT BOXES OLDEST NATIONAL BANK in the District of Columbia National Metropolitan Bank Organized in 1814 15th St. Opposite U. S. Treasury FINANCIAL. » 23 Prompt Action First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company 338 15th Street REAL ESTATE LOANS 5_%% ANY AMOUNT APARTMENT ~HOT! RUSIN! RESIDEN $ 0000“0“00002 ‘WANTED ! TRUST NOTES Funds available for the pur. chase of “all kinds of second trust notes. secured on D. C. or nearby real cstate. Prompt action in avery case. Washington Investment and Transagtions Co. 715 14th St. N.W. ESS PROPERT LOANS AT LOW RATES FRED T. NESBIT INVESTMENT BLDG. Main 006660000 The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real Estate in the District of Columbia and Nearby Maryland Suburbs for 3, 5 or 10 year Periods. 5%% ON APPROVED SECURITY Apply RANDALL H. HAGNER & GCOMPANY MORTGAGE LoaN GORRESPONDENT Telephone Main 9700 Houses Business Properties Apartments Office Buildings 1321 Connecticut Avenue Rooms for Improvement HE office rooms of The Southern Building are designed to improve the conduct of client - contact for the commercial or pro- fessional firm. Fast ele- vators opening on bright . corridors initiate the invi- tation to your office. Spacious windows and high ceilings create an efficient dif- fusion of light. Substantial partitions pressrve perfect inter-office privacy. Here is in- centiva to work, to sell—and ‘0 do both happily, successfully We supgest that you inapect Southern Build- ing superiorities. A phone cali to the may - coer the aingle, vimola detall The Southern Building 15th and H Streets N. W, Ao CO. inc. Main 2690 Southern Building Remember the Old Fable-- wherein the lazy grasshopper laughed the industrious ant in summer for wasting golden hours storing away food? And when winter came, how the wise, though callous ant said to the begging grasshop- per: “You have sung all summer; now dance all winter.” We all remember thisstory, for it teaches a great truth—the necessity of providing for the future. In our First Mortgaae Notes at 6157 per annum you can m provision for the years to come at an at- tractive interest rate. Swartzell, Rheem &Hensey Go, - Mortgage ‘Bankers 727-15 Street.NW WashingtonDC 30 Years Without Loss to An Investor 64% Time Proven | Real Estate Mortgages | i, DL’RI, G the past thirty-six years, the first mortgage notes purchased by in- vestors from this Company have proven of The present offer- ings maintain the same high standards. They are sterling investment qualities profit and convenience. safety, AFE, because the mortgages are not only abundantly secured by the property, but are the direct obligations of financially re- sponsible borrowers. PROFITABLE. because the present mort- gage notes pay 6% % interest. C()I\'\'EI\'IEI\:T, because the interest checks are promptly received by the in- vestor or his bank on the day due. H. L. RusT COMPANY 912 15th Street N.W. Main 6888