Evening Star Newspaper, November 14, 1925, Page 29

IN AN.CIA THE EGGS BIT HIGHER AS WEEK CLOSES Heavy Sales of Rabbits in Local Market—Prices of Poultry Steady. Tiicreased shipments of rabbits this weck served to take the meats and poultry. The rabbits were in great demand at prices much low than durmg sin periods the past place for the game t it was not un the season for Marylan , dealers state, than those n th mth. remained compa weel @ opened vember 1 ing opened from Mary much bette the West e u Bu littla chan the had hoped supplies of eggs f to decrease pr ng hol however, that ments will nc future Today’s Wholesale Dressed, Spring ck old h fat, 27a2§ taymans up, 1.75. Supplies moderate; de- market steady; New Danish type, most- v lower. hoderate New 504,00 crates. in noderate *wo-thir ioz.. ¢ Yo Lettuc orate steady trading York, 10 No. 1, mostly , 100-p: . 3.10a Potatoes— light, m pound sa 1, 6.00a6. aulifower—Suppi mand moderate, mar York, Long Island, 3.50; California, « Oregon, most Tomato Tomatoes— moderate, mark lug bo ved iiaskets size ¢ era crat crate supplies 1 erate: market : Florid hanipers, green, fair qualit ditfon, 3.00a4.00; best, 4.004 CHANGING CLIMATE LAID TO CUTTING OF TIMBER U. S. Weather Man Admits Differ- ence Has Come With Thinning of Woods in per St erate; Oregon. By the Associated TACOMA Old residents of m and Or ade Mot ong ha the den of Washing wr with figures » old settlers I noon_ releasec erag: inch average of the was 45 n 1l availuble figures \as dropped t Mr. Cc the old res g the deciine spread deforesi that the fi tef that somewhat. BALDWIN GETS ORDERS. NEW YORK, Novem 14 @ Equip rs Ly Rail- way Ase Sl locomotiv Pacitic and a1 type for the Hokkaiga Railway of Japan, awarded to Bald- win Locomagive W il are for the Sun Of ard Tank Car Co. a0 is unwillir es for issouri Denies Husband's Charges. Mrs. Iilda Voigt wer {n the DI 't denying the chargz her husl ¥dward Voight, jr., that she h: thelr children kidnaping sto made them afraid‘of him. Sh initted the affidavits of two witnesses dealaring that the mother took the children to the door and tried to per <uade them to go out with the father, but they ran screaming from him. S ‘The electric eel, the most powerful 1ot electric flshes. is not an eel but ® close relatiwe of the sucker or carp. has filed an an Supreme Cou s of of | fruits | demand | 5 | this - lin the five Sunda < | ered by Rev. | aistriet, BY WILLIAM F. HEFFERNAN NEW YORK, November 14—The upward movement predominated on the Curb Exchange today despite the fact that the usual week end realiz- {ing sales came upon the market in rather large volume. These were orbed throughout the first another wave of buying that ve promise of establishing a rec- A for any like perfod In an bbreviaged session. But as the day sgressed sales for the purpose of taking profits began to get the upper November 14.—Fol- fal list of bonds and stocks traded in on the New York | Curb Market today: BONDS NEW YORK 1 Pack 8 TP o & Lt tx » Fdre U1 & E Gk . 06 11 & 3 market | Ohio Power Peun P & L 58 ' $0Ind P L Intl Pet ¢ i fia ‘pet I 800 Ohio ¢ )0 Penn hon 11 Corp. and Ou vt Ol of P! Gon.%on . t Creek Prod. 4 Wilcox O & G 1 INDUSTRIA Alum Co Am 1 pf & El of Miss lemonstra- demonsir held yeste: high school at Galthers was on exhibition nt of clothing, millinery, 1ings. ined goods, € . h showed knowledge gained { through home demonstration clubs sses were delivered by Dr. M. P Washington, Miss Miriam of the United States exten Dr. T, B. hons of the of Maryland, Prof. Edwin Jome, county superintendent of Hermine nhoop. Rev. P. Rowland Wag pastor of the Rockville Baptist Archibald Swmall. presi ederation hon ment day ve i sion service, | Univ W | ner. | Chur w ersburg rers 1d to be n lumbs r of Linde | died suddenly on the farm of former Judge I’ugh, near Norbeck, ounty, aged 51 vears. The bod nden, Va., for buri survived by his wi a well was | Mrr, d by the » for the years s L Wash- the Circuft Court he: ington Ra an employe of Rockville Filec who was indicted now in session L girl of Ten vesterday after bail in the amount {of $1,000. His case willl be tried at |the term of Criminal Court, | begins here next Thursday. | _The Montgomery County Sunday School Association has arranged a iseries of group meetings 1o be held school districts of | the county. The first meeting will be held in the Methodist Lpiscopal | Church at Damascus next Monday | ovening, and the other meetings will ! be held next we as follows: Tues- {day evening, Poolesville Methodist | Episcopal Church South: Wednesday | eveni Presbyterian Church at Darnestown; Thursday evening, Chris | tlan Church at Rockville, and Satur- day evening, Methodist Jipiscopal Church Woodside, At each meeting " officers will be shoxen and other business transacted, | after which will be delfv- W. H. Best of Baltimore inday school worker: mascus district includes all schools of Damascus, Lay- | tonsv le and Clarksburg election dis- | tricts; Poolesville district, schools in | Poolesville ana nesville election | districts; Gaithérshurg distrlet, schools |in Gaithersburg and Darnestown elec tion districts; Rockville distriet, in Rockville, Potomae and clection districts, and Bethesda nd leytown, D. iddresses | and other he I ! sun |and Colesville election districts. | The funeral of Miss Elizabeth Ticks, daughter of Mr. and Mrs. Guy Hicks, who died suddenly at her home in Rockville Thursday, aged 19, will | take place at 2 o'clock Sunday after- noon from the home and will be pri- vate. Burial will be in Rockville Union Cemetery which | chools in Bethesda, Wheaton | NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office hand and no further improvement occurred. ‘The oils held the center of the stage, as they had on the day previous Their action in the last few days has been a matter of great satisfaction for the great army of holders of this class of stock, who have been stand- ing patlently by watching this class of stocks do comparatively little, while other quarters of the market were sharing in the great bull move- ment in progress now for more than two months. 13 Bolssonnault G © | 2 Boston & M_. . 3 Bridecport Mach. Tob con Auto C e BCom P C w Connor J T Contl Bk A 2 Contl Bak pfd 1 Curtiss A 2 De For R Dubilier € & =5 Dunhill Tntl 14 Durant Mot ERieRfeichd PRI e £ 16 Gen Rak 75 Gen Hires. Chas A wi Hollander Son_wi Ind Rayon Cor A 3Int Ctilities A 4 Relvihator Corp 2 Kraft Chesso. . 33 Lehigh P s 1 Lehigh 8 Lel e 4 Power Corp N Y 28 Reo Mot E.....138 5 Sparke with i 41 ) Stutz Mot ..o 3 Swift Intl FEEUSA & Ht pfd : S Rub Reclaim S Stores A B Talk Mach C new w1 101, s Cop res Esper. Gold M Ld 1 Ce: M 5 EVENING STAR, WASHINGTON, GOTTON S BARELY | STEADY AT CLOSE Futures 12 to 28 Points Higher Today—Cable News Gives Strength. By the Associated Pres NEW YORK, November 14--The cotton market was higher during to day's early trading &s a result of rel tively steady Liverpool cables, unex pectedly large figures on domestic con- sumption for October and prospects for another cold wave in the South- west. The eteadiness of Liverpool caused covering by yesterday's sellers on the talk of short time in Lancashire, while the census report showing home con sumption of 543,679 bales for October, against 483 266 the month before ap peared to bring in some fresh buying The market opened steady at an adva of 7 to 25 points und sold 33 to 38 points net higher before the end of the first hour, January advunc- ing_to 20.10. NEW Cotton spot ste middling, 21.15; futures closed ba steady; 1 :t higher; December Januar 20.00a20.03; | 19.90a19.9: dy; March, July, 19.28a New Orleans Quotations. NEW ORLE November 14 futures cl v steady at net 4 of 23 to Cotton nuary Ja M March, ember, 1985 0000 1 S i 2 | BOSTON STOCK MARKET. BOSTON, November 14—Follow- ing is a i highest, lowest and closing prices for the most active stocks dealt in here : GERMAN BONDS AND STOCKS.‘ Gt (w In) 52 1014-1 Hamburs 4 s 1010 Atked . 45000 54060 140 it iarke. | 14 .00 BY STUART Special Dispateh to The NEW YORK, November 1i.-The stock market has made history this last week. It has had two days where transactions exceeded the 3,000,000- share mark and one day whers all records were surpassed. This huge business has been attended by the wildest price fluctuations which have been seen in recent years. The near- is with the markets 1919, and April, 192 the great post-war inflation ving its penalty. has, however, been no sug- of the structural weakness existed at those fimes st WEST. tion i war marke nd 1916. The fundamental dif ference, of course, lles In the fact that o far there has been no credit overstrain. The banks have been able to handle the immense money demands with lttle recourse to the Federal Reserve. Instead of appeal- ing on a large scale to the rediscount privilege, the member banks in the New York district paid off in the week ended last Wednesdav $38.,000, 000 to the Federal Reserve institu- tion The New York reserve rmtio a tually ross from 1.2 to S2.4 per cent, the latter comparing w cent a year ago. For t a whole the | 715 the weok * | low point of November | sunk close to 40. { New York Reserve Rate Unchanged. Under these circumstances the New | York Federal Ressrve Bank saw no | reason to raise the discount rate. The | Boston situation was different, be- | cause on account of heavy lendings i the reserve ratio there had fallen to | 67 per cent. The rate was put up | from 3% to 4 per cent as a natural re- adjustment to what were obviously | local conditions. | The action of the Boston bank caused a bad day last Tuesday in the stock market. There was an average decline in prices of $1.40. But in the latter part of the week this loss was recovered, leaving the price average substantially where it stood a week ago. It was plain enough that the market, after its enormous rise in certain parts of the | list during September and October, was looking for an excuse to have an old-fashioned shakeout, and it found this excuse in what was really not an important incident. Had it not been the Boston rate increase it would have been something else. Speculation had*bee noverdone in the motor shares and in high priced in- | dustrials generally and a good sized Il;r\‘ak was necessary to restore the balance. New Leaders Inspire Confldence. When the upward swing was re- sumed in the latter half of the week it was under better auspices. The pub- lic had not lixed the speculation in the motor shares and was getting afraid of the market on that account. But when leadership was changed over to the rails, the steels and some of the oils, the position became quite differ- 1919, it had STOCKS OVERSHADOW OTHER MARKETS IN WEEK’S TRADI Rails and Oils Help Confidence—French Francs Im- prove—Strength in Bond Market Held Sig- nificant—The Outlook. terest is their prom ing outside 1 ceedings, The extracrdinary the stock exchange h: ed everything clse in the business financial situation. Nevertheless, there | have be: \er very Interesting oc- | currences. First, t was the break in cotton, which carried prices down | close to the lowest for the vear on a| further rals crop estimates by | the Government 1o, This time | there was no re: from political quarters, where a before the ' intimatfon had 1 e ths crop totals ed alt too high ent Southern ers to be previous misc fons, simply gave out the statemer 1t the cotton plant had stood up much better thar expected against the heat and droug of the Summer. ¢ Speculators Push Wheat Up. With the bulk of the 1925 wheat har vest disposed of. prices have risen as rily do at this time of the ing no ad se of specu lators playing with a market. where the avallible supply is small ation, which is watched with | much rn by number of | people rs to have taken a defi nite turn for the better. This is not due o much te vision of new crop predictions, which are still very high. as it is to the het ter appreciation of the fact that mc of the producing companies are str financially and able to take their time in selling their sugar. Tt is another instance proving the old economic law that no commodity can continue for long to sell below the cost of pro. duction rtiipation detri pla he t | Foreign Exchange Stronger. The decline in French f T been checked, but such recovery as has occurred has been too slight to be ascribed to any abatement of uneasi ness over Irench finances and the out come of the b an lire | have risen moderately the result of | the settlement of the terms of the | American debt funding. But the Ttal- | ian political situation is too involved | for a rallving movement in It per currency to carry far Bond Strength Significant One of the most significant inci has been the sirengthening of the bond | market, especially for high-grade rail- way issues, which for months past have been hanging fire. Tt can scarcely be questioned that this is equivalent to an expression of opinion in the best informed investment circles that easy money 1s going to continue, The crop-moving period with its sea- sonal demands is almost over. Com- merclal requirements, on the other hand, are on the increase. But what the investment market has in view is that it is not so far off now from the turn of the year, when the agricul- tural regions will'be sending back to the reservo centers the funds which have been used for financing the! harvests S t. 1925.) 10} ok | time | I tions also were that 'ON SATURDAY, CROP DAMAGE SERIOUS. Agriculture Department Notes Bad Weather Results. Serious damage from adverse weather conditions in October to unharvested crops of potatoes, beans and apples in the Northern States is reported by the Department of Agriculture. Reports to the department, an an- nouncement sald, indicated that 30 per cent of the potato crop of Michi- gan was still in the ground November 1, and that the potato bug since that shows damage rang from “slight to almost total loss.” Indica- the potato har- vest might be less than the Novem- ber 1 estimates and that there would be heavy waste. __“The ‘quantity of potatoes remain- ing and available for market this sea- the department’s announcement added, “seems likely to be less than usual in proportion to the production in the late potato States. This is par- ticularly true in_ some important tates, such as New York, where any of the late potatoes harvested e showing injury from slight or rosts by November 1 he department observed that the average quality of the potato crop is the lowest since 1921. BALTIMORE PRODUCE. BALTIMORE, November 14 (S cial).—New potatoes, 100 pounds, 1 4.00; beans, bush 100, 2.0043.00; Brus 15a20; potatoes, rel, 1.00a2 lery, cri 10; lettuce, 1 crate, 2.50a3.2 50a3. pumpkins ots, 100, 5014.00; sket, 50 onions, 100 lants, 100, 5.00a10.00; spinach, bus 4.0025.90; Lushel, peppers, pounds, 0025.0 00, 1.10; & turnips, Barrel, 2 ishel, cranberries, hasket, 5a2.25 grapes, box, baske | Chile’s shoe industry, started dur ing the World War, has so developed that hardly a foreign-made shoe is worn there. Prompt Action First Mortgage Loans Lowest Rates of Intcrest and Commission Thomas J. Fisher & Company, Inc. 338 15th Street Continental Trust Company Capital : One Million Dollars 14th & H Streets 7Money to Loan Secured by first deed of trust on real estate Prevaiting interest and commission Joseph I. Weller {79 Wuth- L & Trast Oth & F N.W. WE FINANCE —all classes of income-producing property Large Loans a Specialty Current int Higbie & Richardson, Inc. 816 15th St. N.W. MONEY TO LOAN REAL ESTATE GEO. W. LINKINS 1733 DeSales Street rate and commission REAL ESTATE LOANS ANY AMOUNT RTME 3] "“FRED T. NESBIT fain INVESTMENT BLDG. M FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President 7 Yo = CHAS. D. SAGER 924 14th St. Main 36 menf O] Buy O Our / First FIRST MORTGAGES FOR SALE Denominations of $250, $500, $750, $1,000 and Upwards 6]/!7 /2/0 All Toans Made on Property Located in the District of Columbia JAMES F. SHEA 643 Louisiana Ave. N.W. The | When You Have Funds to Invest, Consult WELCH, Loan Specialist Established 1889 619 and 79, Real Estate Notes for Sale in Amounts from $250 up to $1,000 or more. Consult WELCH, Realtor Loan Specialist 15th & N. Y. Ave. Main 4347 .letropolitan Life Insurance Company FIRST MORTGAGE LOANS BUSINESS PROPERTIES OFFICE BUILDINGS HOUSES CONSTRUCTION LOANS WEAVER BROS. Realtors 809 15th Street N.W. 4050; | NOVEMBER 14, 1925.' ' RAIL DEAL ALLOWED. Frisco System Gets Alabama and Florida Line. The St. Louls-San Francisco Rail- road was given permission by the In- terstate Commerce Commission today to take over the Muscle Shoals, Bir mingham and Pensacola Rafiroad, which -operates in Alabama and Flor- ida, with its principal terminal at Pen. sacola. | The Muscle Shoals company was! also authorized to issue $305,000 in: common stock in connection with the | financing incident to the transaction. | SPEEDOMETER'S NET UP. NEW YORK, November 14 (P).— The consolidated statement of tewart-Warner Speedometer as of September 30 showed total assets of | $39,799,027, against $27,069,981 a yea a Profit and loss surplus in- creased to $15,792,076 from $13,361,930. Net profit for the first nine months this vear was $5,373,336, equal to $8.95 a share against $2,662,526, or $5.61 a share a year ago. —e Query the Promoter. 1 Determine how much of his own ' money the promoter {s putting into his scheme before you decide to risk yours. Don't take his word for it— make him prove it. 1st TRUST NOTES 6%29%, in denominations of ‘$100 and up, secured n “modern” residances. LOUIS T RHOFMAKER oth_Year 1407 New Vork Ave. ®hone Main 1188 WANTED ! SECOND TRUST NOTES ¥unds available for the pur- chase of all kinds of second trust notes. secursd on D. C. or nearby real estate. Prompi action in every case. Washington Investment and Transactions Co. & 715 14th 8t. N'W. Main 3662 First Mortgage No’s For Sale In Denominations of $100, $250, $500, $1,000 AND TP 617 Interest Secured on D. C. Real Estate Wm. H. Saunders Co., Inc. Established 1887 1433 K Street N.W. When You Need a Loan Think of WELCH, Loan Specialist Money to Loan At 5% and 6% INTEREST Before Placing or 1st or 2 Consult WELCH, Realtor Loan Specialist Quick Replies Reasonable Charges 15th & N. Y. Ave, M. 43464347 Renewing Your a position term loans or ding over a three or five year period on real estate lying in nearby counties of Maryland and Virginia. to We operate with a mini mum of red tape and if you need additional funds get in touch with our Mr. Kelley, Loan Department cKEEVI’.I?.W*G 1415 K St. Main 4752 Our lanagement— of your Apartment House has advan- tages worth your inquiry | | A rental service of superi- ority accountable to more than a quarter of a cen- tury’s experience. B. F. SAUL CO. 925 15th Street N.W. Main 2100 APARTMENTS Main 9486 FINANCIAL. 29 RATES ON BAR SILVER. LONDON, November 14 (#).—Bar silver 32%d per ounce. Money, 2% per cent. Discount rates—short bills, cent; three months bills, 3 15-16 per cent. SUN OIL VOTES MELON. NEW YORK, November 14 (&) Sun Ofl Co. has declared u stock at dend of 8 per cent and the regu Guarterly cash dividend of share, pa of record No The New Younk 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. 9V2% ON APPROVED SECURITY Apply RANDALL H. FAGNER & COMPANY MORTGAGE LoAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Houses Business Properties Apartments Office Buildings Building A Bulwark E man who spends his income as fast H T as he makesit has no bulwark against future disaster. Sickness finds him unable to care for himself. Loss of position leaves him with nothing to tide him over. But the provident man builds a bulwark of wise investments. With steady applica- tion, he makes it stronger—more enduring. And soon it presents a solid wall against misfortune. Our First Mortgage Notes, at 614% per annum, are excellent mater:als for your financial bulwark. Swartell, rueel} Rbeem & Hensey G T27-15 Street.NW WashingionDC. 30 Years Without Loss to An Investor “Find Your Pay Streak” —and “work it.” says the inspirational psychologist. He means that every man and woman is best quali- fied for some one particular vocation, which, when found and followed, brings the greatest success and happiness to the individual. to little. even With so many people it amounts after they find it, unless they also LEARN TO SAVE There can never be peace and comfort in the advancing years, no matter what the current income, until this lesson is learned. Every salary will permit something. When it is started. the next logical questio IN WHAT SHALL 1 INVEST You must decide this by the two great factors of Safet; Yield. Don't be misled by alluring but unsafe promotions. OUR FIRST MORTGAGE NOTES improved real estate in the District combine the greatest Return with greatest Protection o fluctua- tion. Call or write and let us explain in detail. and You may start with but Ten Dollars. MORTGAGE INVESTMENTS 713,715 and 717 14th Street N.W. Main 2345 —Alway: in- terest in old bank such as this, and come what may, you'll be finanually protected at all times. earning sound s a President ¥ Pres. William D, Woodbury Frank W 34 V. Pres Frank Stetson. ‘Trust Officer Chas. C. Lamborn. Treasurer E. Percival Wilson, Secrelary ¥rank R. Ullmer. Asst. Treas. Tr. Office: Tr. Officer Asst. Troas John W. Calyert. Asst Herbert 'H. Smith. Aeat Alexander J. Fant, Asst. Joun M. Boteler.' Asst.’ Se Audley A, P. Savage. Auditor DIRECTORS: TWe welcome deposits in any amount—Pay the Same Rate of Interest on accounts, large and small. CFor the convenience of Pay Day patrons, we will be Open Until 5:30 P.M. Monday, Nov. 16 SAFE DEPOSIT BOXES at Moderate Annual Rentals £ XKD National Savings & Trust Co. Oldest Savings Depository in Washington Cor. 15th and New York Ave. 0]————=[alc———[olc———|a|do|———=|o[c——Z|u] .< ——|o|——]o]——|a[———[o]d] I i