Evening Star Newspaper, December 13, 1925, Page 107

STEAMSHIPS. SHOWS MANY ‘RECORD OF LOCAL MARKET PRICE CHANGES Current Quotations of July 1,1907,Used for Com- parison—DMany Banks Erected or Remodeled in Two Decades—Necrology Reviewed. BY L. A. FLEMIN Premature closing, fortunately, does t prevent reopening, especially there the program has not been car- ¥led to completion. 1In introducing a review of the finan- 1 situation in Washington from July . 1907, to date, promise was made to nclude not only the banks of the city, but also the Washington Stock Exchange, and to make any correc- tion that might be deemed necessary. Hence this, the fourth chapter of tho same story. The Washington Stock Exchange has had an interestnig career in the Intertm between 1907 and now. At times it seemed near disintegration, with inconsequential records of trans- ®ctions, and again it would seem to yecover, but never has it had as pros- perous a season as the last year has been. comparison of prices will not s great change in many atocks ght of a panic or near- worst part of it, while the prosperity in stocks and in business with the pe exception of *he industrial activit cldent to and after the war, is admit- tedly here now. Stocks and Bords High. Washington valued its stocks and Bonds very highly back in e will rather » people to (I“v\ ‘was held that Rail- Mergen- Washington est and 1so soaring, and han they are as low then ard 130 asked, and has the distinction of having scored the great- | interven- or about est gain of any bank in the ing 18 vears and 6 months, that pertfod. Prices of July 1, 1907. BONDS Columbia | directory for Loan & Trust Co., Anacostia Savings, Security Savings and Commercial, and remodeling of buildings and enlarged quarters for the branches of the Lin- coln National, District National, Riggs and Second National Banks, as well as of a number of savings banks. Many Other Changes Made. This {s not intended to be a com- plete list of new homes, probably many suburban banks of more re- cent reorganization have homes of thelr own, as the Chevy Chase Sav- ings, the Takoma Savings and others, while the American Security has en- larged its quarters and plans to erect a new addition to the north on IYifteenth street in the relatively near future. The National Bank of Washington remodeled its bank building and Lincoln enlarged its home. The Na- tional Savings and Trust Co. has to- day the largest banking rooms in the . the result of the additions to 7. | their original building, taking in the | Lemon tract. The District National Bank doubled its space with @ new bullding. The RIggs ational also more thap doubled its space. Asking Your Pardon. William M. Phelan was credited last week with being the president of the Washington Savings Bank, | whereas he resigned on September 28, . and was succeeded by Thomas E. Jarrell, under whom it has made fine progress. Mr. Jarrell is widely known In this community, a realtor and active in all movements for the public good. It is pleasant to make corrections when one can shift the blame and get away with it—see Washington 1925 in bank section front. Necrology of Bank Presidents. It seems to be the good fortune of Washington bankers of the last two decades who have remained in har- ness, to show evidences of longevity, In the course of nature some who re. tired would have answered the last call had they remained active, but memory recalls but four active execu- tives who died in office. Milton E. Riggs Natio the American McLachlan, Banking_Corporation paratively young men James B Lincoln National, in so far as memory ma TOURS. SR head of | National, were all com- | and complete this list be relied ana Ar(‘hle‘ head of the MecLachlan| with | Wilson, president of the |ferings of about THE SUNDAY STAR, WASHINGTON, D. C. on. They were all able officials and popular with their clientele. “Dick” Lynn, the youngest of the quartet, died in a duck blind on the lower Susquehhanna flats, years ago. retired presidents passed on iving up business, but these four were about the only officials taken in the midst of their activ- ities 28 executives. On the stock exchange deaths hav been more numerous and yet Wwith the exception of three rather promi- nent brokers, few in the list were actively engaged In buying and sell- ing local securities It will be 10 years next January since Henry Hurt died. He was a character 6f his time, serving in the Confederate Army, becoming a driver and a conductor on the Qapital Trac- tion Co., afterward its president, and at his death a millionaire buver of stocks. If he sold it was on order of a customer, as he was noted as & holder once he acquired. Plain spoken, plain in living, genial, yet reserved, he was & friend worth having, and the largest shareholder in the Riggs National Bank and a direc- tor of both the Riggs National and American Security. Mr. Hurt was so gentle he would harm nothing. He left to his wife the pleasure of devoting a large share of his estate to charity. Much of his Riggs Bank stock is now owned by Stibley Hosplital. Allan E. Walker, who died recently was an old-time member of the ex- change, having served it as president and in other capacities. He was am- bitious and successful and would have undoubtedly realized his ambi- tion with large benefit to Washington and himself had he been permitted to continue his activities a little longer. Arthur G. Plant, one of the most popular members of the exchange at one time, could not stand adversity, hence his untimely death. He was one of the younger bankers and bnokers of the city some years ago and was highly regarded by his as- soclates. The Stock Exchange usually has a number of members who do not fre- quent the daily sessions of that body, and in this group there have been quite & number of deaths in the last few years. NEW YOB.K DAIRY PRICES NEW YORK, December 12 (#).— Butter easy, receipts 6,731 tubs; cream- ery higher than extras, 4913a50; do. extras (92 score), 49; do., firsts (38 to 91 score), 4414a48. Eggs, irregular, receipts, 9,106 cases; fresh gathered, firsts, 49a5l; nearby hennery browns, extras, 60aé2; Pacific Coast whites, ext: 59a60; do., firsts to extra firsts, b5ad! BALTIMORE PRODUCE. BALTIMORE, Md., December 12 (Special).—Shipments of poultry in- tended for the Christmas market should be timed to reach here begin- ning the middle of next week, and gradually increase until the follow- ing week, December 21, 22 and 23 be- ing the big days for live stock. Best days for dressed poultry will be Mon- day, December 21, up until Wednes- In shipping dressed poultry, scalded stock, head and feet on, is preferred on this mar- ket, and shippers are advised to kill only choice fat birds and see that all the heat is out of the body before shipping. The demand for live turkeys has been falrly good the past week and prices have held steady, closing today at 38 a pound for young hens and gobblers, and 34a35 for old toms, but poor and crooked breasts are slow sale a30. Demand for live chickens has eased off and the market is a shade lower, closing today at 27a 28 for medium to large Springers, 25a 26 for Leghorns and 20 for poor and thin stock. Medium to large fat old hens sell 25a28, small, poor and thin fowl and 20a22. Old roosters steady at 17a18 Market for ducks and geese is easy under fairly liberal receipts and de- mand centered on choice fat birds, while poor stock is not wanted. Ducks are selling 20a28 as to qualiy and conditlon, and geese, 20a25. Guinea fowl and pigeons In fair de- |’ mand at 80a85 each for yvoung, and 35430 each for old of the former, and 25a30 a pair for the latter. Choice to fancy young turkeysand chickens are the only line that will bring a pre-) mium dressed over live, and, unless | veather turns cold, shipments of live instead of dressed stock are ad- visable. More liberal shipments of native and nearby eggs, as well as Southern and Western stock, coupled with & curtallment in the consumptive de- mand due to high prices, brought about a break in the market this week, and values today show a de- cline of 8 @ dozen compared with cluslnF prices last week. The mar- ket closed today at 46 a dozen for firsts in free cases, but fancy candled stock will bring 48a50. Due to ap- proach of Christmas holidays, market is expected to firm up the coming week and values will probably rule higher. Market for white potatoes shows little change from last week, supplies being about normal for trade wants and the general movement fairly good, but centered on No. 1 well graded stock at 3.25a4.25 per 100 pounds, and 2.00a2.50 for culls and No. 2s. Market for sweet potatoes 23a24, Leghorns, and NEW YORK, December 12 (P).— Bond prices fluctuated during the week within a narrow range, new of- $125,000,000 appar- ently using up a large portion of sur- plus funds available for investment. TOURS. ommereial armers & incoln Jeiravol tan’ Mechan Tnion Savings Columbla Real Estatc Washington TRU: American_Secu ational Safet Loan lington Saet . MISCELLA reene Cananea . Sommercial Comparisons with yesterday's final be readily made elsewhere sue. New Bank Buildings. 1t would be a tremendous task to follow all the changes in capitaliza- tion, the erection of new homes, mergers, etc., that have taken place tn the last 18 years. The most im. merger were made by the District National vings, the Mer ank and Trust Co. Pupont National and now with the Citizens' Savings, and the varouis ac- quisitions by the Riggs National, and the merging of the Federal-American banks. New and handsome bank buildings pave been erected on many of the best corners in the city by the Com- mercial, Federal-American, Dupont National, Riggs National branches, the Liberty National, Farmers & Mechanics' National, Park Savings, Mount Vernon Savings, Northeast Savings, branch of the American Se- curity, 'branch _of the _MOVING, PACKIN & ‘BTORAGE. NTTUR] X TORAGE 500 Rooms. s, ATIONAL CAPITA & MOVING (0. Storagy Household Goods., "MOVING KRIEGS PACKING 616 EYE ST.N.W. MAIN 2010 LONG msmnce 'MOVERS ’S FIR E PR Gl 0 TOR CRATE AND Pmntmms 1313 YOU STREET, N. W. PHONE NORTH 3343 STORAGI XPRESS v E Whthout Worry or Risk. Be- MO/ E e BerviterLow Rageo. ert Packers Tor ship NORT“fi 104 ping. 7069 Florida Ave. FnreProol Storage, Moving, Crating 18-20 10th N.W. M. 4229. Frank. 2423 "STORAGE SPACE By Month for Merchandise b or Furniture ‘ \ LOW RENT Jacobs Transfer, Inc. Es st 95009501 with the | Washington SHIPPING | CUNAP.D 67 cbm: ;.;; N S.S."ScyTHIA® Sailing Jan. 26 The itinerary includes an unusual long stay in Egypt, the Holy Land and the principal ports of this historic sea during the be:t season. Rates from $925. Free stop-over privilege in Europe, including return by S. S. “Mauretania,” “Aquitania,” “Berengaria” or any Cunard Steam- er. Complete details on application. Apply to Cunard S, S. Co., E 1 Lid., 1406 H St. N. W, or Ober, 1420 H St. N.'W., Washington. FRANK TOURIST CO. (Est. 1875) 544 5th Ave.,N.Y. Byspecially chartered sump tons; personally managed by included; Manila, Java, India; LisBon, Spai, Tangie FRANK C. CLAI tor of Round the World C Vacation Tours To West Indies Special 10 day all expense tour to Havesa, ($140 and up from New York). Regular tours to West Indies 'with each sailing. Full information and reservations for all cruises. Europe Mediterranesn, Egypt Ten separate, perfectly planned tours with escort, departing Jan- uary, February, March. Prices range from $1,820 to $1,86. No ‘more delightful European winter tours have ever been offered. Send for.booklet *“Tours to Europe™. Seuth Americe West Indies Cruise The seventh snnual eruise-tour over this route—visiting Cubs, Panama Canal, Peru, Chile, Argen- tina, Uruguay, Brasil, British West Indiesand Porto Rice. Thespeciaily designed cruising ship, Essequibo, sails from New York January 28 Rates from $1,850. Moediterranean Cruise 8.8, Rotterdam Two wonder menths—visiting Athens, N-plu, Monte Carlo, Cherl CLARK'S 22nd CRUISE, JAN. 30—62 Davs, $600 to $1700 = MEDITERRANEAN K Xecmlly chartered brand-new Cunard oil-burner ‘‘TRANSYL- VANIA, "’ 17,000 tons; 15 days in Egypt and Palestine; Lisbon (Madrid) + Tunis, Spun, Italy, Grnoet. Constantinople, etc. Sn:p-amnn NORWAY ,apirsrranzan o dfihmlmamwN:‘u—nD-gAuwutwo Spe chartered new Cunarder ‘LAN( S'I'RXA."HMM r, Italy, Sweden, Norway, Scotlnd. ROUND THE WORLD CLARK'S 6th CRUISE, JAN. 20 (Los Angeles, Feb. 5)—128 Days, $1230 to $3008 new Cunard oil-burner “LA “LACONIA,” Mr. Clark. - Aflo-dn palace for the trip, 26 days in Jcpu and Chins, Pekin Cag:;. 8 days in_Cairo, Jemuhlns g- Europe in -pfln(tum Europe. y. Rates include hotels, drives, guides, fees, OBER'S S. S. AND TOURIST AGENCY, 1420 H ST. N.W. VAN WICKLE TOURIST AGENCY, 800 18th ST. N.W. Times Bullding, N eAmencan é'xpress WINTER anp SPRING TOURS Bermude Special Christmas Heliday Toar 11 days,($138snd up from New York). Advance reservations for any mil- ing,anyleagth trip, steamehip tick- ots,botels, , return sage. Send for Bermauda Booklet. Califoraia Moexieo and Hewaii Semall parties with escort. Depar- tares weekly, starting Dee. 27th. Every arrangement made for your eomfort and enjoyment. Write for booklet ~Escorted Tours to Cali- fornia.” South Africa 8.8.Orea Cruise The most unusual cruise ever of- YorkJasuary 19. Rates from $1,250. Stesmakip Tiekets lndependent Tours Burope. Independent Tears in the United States, Maxico, West Indies, eta., send for Booklet “Win- tor Vacations.” AMERICAN EXPRESS TRAVEL DEPT. l!Bl G Street N.W. ‘ashing D. C. Mlln 1200—Ext. 108 4lmoga Cowvp Amoricss Exgoces Tresshen Chegom Special Winter Voyages TO THE EDITERRANEA By the luxurious steamahip DUEIO.»'-.‘S.“.‘.....:......:, Feb. 3 ad March 11 Madeire—Gibraltar—Algiors Napieo—Genoca Minimum Rate §275.00 and by the popular COLOMBO .itin2k Jan. 1§ iand Feb. 23 o OPTIONAL SHORE EXCULSIONS Other sailings_to Ita Apr. 10—Apr. 24—M {7 P 1w"Veendam® ${31430 o HeYos Feb. 18, 152 Unexcelled for the luxury and comforts of her “appointments and "superlative cuisine. “Higheet standard of strictly class service throughout. For lection of accommodations ations now. tes, $350 up, including &1l shore excarsions. IOLLAND-IIEIICI lllE 31-24 State Sercet, No RANK TOUIIST 00. 342 Bth Avenue. New York. or local agents. LUXURY CRUISE BythefamousS. S.“Rm'rllnnl" Leaving New York, Feb. 2nd, 1926 unde che Holland America Line's 67 Days of Dnlilhtf\ll Diversion Itineraryincludes: Madeira, Lis- bon, Cadis, Se Glbnllll’.Alliu'l ‘Tunis, Athens, Constantinople, The HolyLand,Egypt,ItalyandtheRiviera American Expregs Co. Agents in charge of shore excursions. Number of guests limited. Send tor illumtrated folder. Cost of cruise, $900 up. HOLLAND AMERICA LINE 21:24 State Street. Now York or Local Agents Your Steamship Problem Solved Bring us your problem re- garding passage to Europe. In our vast of 106shipsofeverytype yous ‘exact requir ‘ments will be met, whethy for a luxur. éus suite on the world’s largest steamer Majestic o econemical passage in the New, Tourist 3rd Cabia, WHITE STAR LiNg PR T e Washington Offics, 1208 F. Sc, N.W, J R. M. Hicks, Manager famous “San te”steainers offer finest service to_ P andChile via PanamaCasat. Outside rooms, first e-H- only. Uncacaticd aad servics, Fortaightly seilings fjom New York. Special rata America Tours §. 8. Santa Ans. 124 & an: 2 s el E: Lolsa ta Teresa I holding fairly | and yams rules steady but quiet and only “cholce dry stock will bring top prices of 3.00a5.00 a barrel for the former, and 3.00a3.50 for the latter. Culls and No. 2 stock of both sell 1.50a2.00, while bushel baskets bring 5a2.25 as to quality and condition. Movement on najive and nearby garden truck continues fairly good, but prices are mostly in buyers’ favor at the following quotations: Beets, 2.60a3.50 hundred; Brussels sprouts, 10al5 quart; carrots, 4.00a 5.00 hundred; kale, 25240 bushel; let- tuce, 1.00a3.00 basket; onlons, 2.25a 3.00 100 pounds; oyster plants, 5.00a 6.00 hundred; spinach, 75a1.00 bush Savoy cabbage, 40a50 bushel, and tur- nips, 25a30 basket. CHICAGO GRATN PRICES, CHICAGO, December 12 (#).—Ag- gressive buying rallied wheat prices today in the last part of the board of trade session. Monday's forelgn sta- tistics were expected to be bullish and numerous traders were looking for an upturn on account of recent severe breaks in the market. Tioey iz 1 1055 lan 1 o CRUDE RUBBER LOWER NEW YORK, December 12 (Spe- cial)—Crude rubber declined half a cent today to 1.06. This compares with 1.02 a month ago and 37§ a year ago. STEAMSHIPS. OUTINGS For Busy People RESTF UL HEALTHFUL ENJOYABLE Modera Steel Palace steamers Tt ot Colmla’” *Norh: Tand.” “Sou Baily at 836 pom. For OLD FOINT COMFORT NORFOLK Via pt rm-n to ing Hotel Auonnodn(l.-l NEW YORK-| nosrov BY SEA City Ticket Office. 331 15th St. N.W. Norfolk & Washington STEAMBOAT €O. Economical Abeut $10 A Dey First clase in- The enly line te Les Angeles and Sen Frane | clsce offering 2 :l Panema Canal hl&l—&. hi. Selvader Gun- lu-nh and Mexice. | Cruise offers the most economi- DECEMBER 13, 1925—PART 6. CHICAGO STOCK MARKET. CHICAGO, December 12 (P).—Ar- mour preferred, 91%: Balban and Katz, 69%; Middlewest Utilities, 116; Real Silk, 58%; Swift & Co., 114; Swift Internatfonal, nion Carbide, 79%; United States Gypsum, 165; Wahl, 9%. STEAMSHIPS. MIAMI 3 Days by Sea Round Trip from Baltimore, $83.57 Round Trip from Philadelpbia, $86.31 A delightful, bracing voyage on modern & with loyd's highest Tating terooms. - Running hot and ath and shower extra. Autos carried S hiladelohia 28 bat and service. EXT BAILIN ¥rom Baltimore From_ Pier 5. Pratt St 30, Dec. 17, Write for Folder Baltimore & Carolina S.5. Co. 1008 15th St. N.W. __ Franklin 139 cold water. Excellent me; Spend a Yuletide Vacation this year amid the delightful outdoor pleasures of captivating Havana. Six days at sea, four days ashore in a land of Spanish romance and adventure. FREE MOTOR TRIPS in and about Havana. Steamer is your hotel while vou go ashore each day. 17-day Tours at $235, with accommodations at hotel on shore. FASTEST TIME BY EXPRESS STEAMERS Sall every Saturdey and reach Havana “Tuesday before noon. Fare One Way, 583 up Round Trip, $160 and up MIAMI Via Havana at Attractive Rates A delightiul route to Florida's East or West Coast Resorts, with stop- over privileges in Havana MEXICO CITY One Way, $105. Round Trip, $185. For full information address WARD LINE Foot of Wall Street, New York or any authorized Toi cal, most interesting route to the Coast. All outside rooms. Beds, not berths. Music. Swimming Pool. s buit alt k ailings from ) . ECCADOR o =it e FENEZURLY Feb, Tickets and tnfofmation from any Agent or write for Boel PANAMA | Mlll. for outside stateroom accom- modationson the newest, most sumptuously appointed and splendidly eq vessel of hetdnfinam:m Sailing Jan. 5, to ENGLAND,FRANCE and GERMANY — Other Sailings — S e Cobh aay BT $.8. STUTTGART - Jaguary 30 to Plymouth, Cherbours, Bremen Wl!'l' lNDlll CRUISES by the Jon. 30 Feb. 25, 1926, Charcered by 3 m“‘b Al shote llpd‘:d in lll(l. bl lE BEY the call of the Orient. Explore the mysteries of China and {,;tn, see the charm and uty of your own Philip- pines. Travel by American Oriental Mail Line and en- joy a real bed in an outside room, thebest of food,every home comfort, dnnm i and These luxurious 21,000 ton Gav-m-nnhlfimked\ef-n- e Orient, sailing mth&onl\aunvh\?hefl-, B. C., to Yokohama, Kobe, Shlnflul, Hong Kons.und Manils. Sailings from eele every 12 days. Ask your local or Tourist Agent for or write AMERICAN ORIENTAL MAIL LINE ADMIRAL ORIENTAL LINE Menaging Operstors 101 Bourse Bldg., Phila., Pa. and other_splendid steam- ers from BALTIMORE to DI i g o, Sepdm g DIRROT e Mt 3 mfl:umn.u ummw“" Fares include moesls ond Dderth. Autos carried. " Merchants & Miners BEHSERW " Fhone Maln 4612” WHITE STAR LINE STEAMSHIPS. EAMSHIPS. 15 days on largest an __ STEAMSHIPS, d fastest ships in Coast-to-Coast service. Liberal sightseeing opportunities. Three centuries of romance in 15 days. Accommodati ions, service cuisine equal to transatlantic standards. First, Second. latermediate and M. Hicks, 1208 ¥ Streat N. Third Class W., Washington, or uny wuthorized steamship agent @ Jan. 7; Feb. 25 Itinerary: Madeira, Gllsnlul Ahim , Naples, Athens, Constantinople, Haifa, Alel-nd Syracuse, Naples, Monaco, Gibraltar. ted. Jan. 16; Mar. 6 Duration 46 days. Stop-overs permit. Optional return via North Euro- Ppean pors. RED STAR LINE Only 2 Days From New York ““Ne Importaning Crowds to Most, Special Holiday In This FAIRYLAND Complate’" Sailings Leaving New York, December 19, 23, 26, 29 For Christmas and New Year' s in Bermuda Regular Sailings Twice Weekly Via Pa “FORT tial, Twin Screw, Oil bu-ning Steamers ICTORIA” and “FORT ST. GEORGE"” Each 14,000 tons displacement For Illustrated Bookiets Write FURNESS BERMUDA LINE, 34 Whitchall St., New York City Any Local Tourist Agent Throughout Year. Uni Location, Upexcelled Cuisine and Service — Mage: tiled, heated and covered swimming pool. Surprisiagly Low Rates. VENICE~SYRACUSE and LISBON 3 weeks in Egypt and the Holy Land What would a Mediterranean Cruise be without gliding thru Venice in a gondola? This cruise brings many another “extra,” too. It stops at Syracuse and Lisbon. In the Holy Land and Egypt, almost 3 weeks . You'll see everythm‘ right, because the management is Canadian Pacific. Y travel in comfort, because the serv: dian Pacific. You'll enjoy every pri ice throughout is Cana- privilege, because Canadian Pacific is the world's greatest travel system. From New York, Feb. 9, for 64 daye EMPRESS OF FRANCE Queen of Crdser Steamships Reservations made now command better ful, informative liternture. At your local Canadian Paclfic, 903 15th St. N.W., ROOSEVELT sails December 19 New York to Plymouth Cherbourg and Bremen S. S. LEVIATHAN sails January 9 New York to and Southampton S S PRESIDENT ROOSEVELT sails January 20 New York to Cobh (! nstown) Plymouth, Ch and Fifty day Mediterranean Cr,:’:utonfldpwbaud Hol;"ladou S. Re- jpab kbd-zdtonfl lanuary21. Al :swunm fi c Qperating the LEVIATHAN, GEORGE uflmqmfl, 'ROOSEVELT, nnmq REPUBLIC and Am to Europe. Agents everywhere. Washington, aceommodations 1 agent, or C. E. D. ( - Phel to Europe Now on your ships F YOU are for youon board the: i:m shipslisted at theleft. If you ereplanning a trip forspring or summer, be certain cf the accommodations you want by making reservatiols on United States Lines ships at once. Your own U.S.Gowe ernment liners offer the fm- est hotel service afloat with the utmost in comfort and cuisine for whatever price you pay. Get all the facts about these six popular ships: “Leviathan” Flagship of the Fleet end the grideof America. Pompeian wimming Pool, Winter Garden, Louis XIV Salon, tearooms,gymnasiums. First class($265*up),SecondClass ($147.50up) and Third Class (from $92.50). “President Harding"& “President Roosevelt” The two famous sister ships with a personality all their own. Every stateroom an outside one. Real bedsand period furniture. First class ($190*up) and Third Class ($85 up). "George Washington” This giant liner is famed for speodsteadincasand beauty. Its distinctive American home stmoephere has €n- deared it to thousands. iy i Colonial windows, resful ST Teigler ooienadeidecis PFirst Class ($210°up), Sec. ond Class ($136.25 up) and Third Class ($87.50 up). “America™® Republic” Twoofthelargest and finest “cabin® (one-lase) ships afloat. Both extremely pop- ular, since they offer real luxury Repubiic_snd $145 on the America. Third Class$85up. Washington, GLiTish 114 “E Street c,