Evening Star Newspaper, December 18, 1925, Page 31

N FINANCIAL, TURKEYS HIEHER N LOCAL HARKET Demand for Pork Taken to Mean Further Advance Be- fore Christmas. A decided in pork products, is taken by dealers u probable high pric coming week. ever, are not willl ceptionally high prices fc fowl will preva 4 “Small hogs are wo: sald a dealer this morning, “and “‘here is a big demand for th hogs are holding their own Higher prices prevailing turkey market, it is stated, invariably boost” the pork trade. nall fresh hams this morning were quoted at 27 and 28, heavy ones at 24 and 25, while loins were quoted at 28 and 30 and shoulders at 24 and 25. Increased prices in the turkey market were reported today, the sup- ply on hand, it is stated. smaller than the correeponding day a year ago. Prices next week will depend entirely upon weather con- ditlons and size of shipments, dealers state. Today's Wholesale Prices. Butter—Fancy, 1-pound prints, 57; tub, 53a54; store packed, 40ad Eggs—Local, fresh, fancy se!ecvlo_(t candled, 5 ; average receipts, 45a 48: storage, 36a37. , Poultry—Alive, turkeys, top, 40a43; small and thin, 35; Spring chickens, 26a27; fowls, 23a24; Leghorns, 20a23; keats, 60a7 b. seconds, 15a20. top, 48 small Spring chickens, 28a : Leghorns, 28; ducks, 80n1.00. E s, 14; hogs, 12 Meat—Beef, 17; lamb, 30; pork loins, 28a30; pork shoulder, fresh ham, 22 demand for mall pork, zestive of ¢ turkeys the in admit the h a premium,’ 65a Fruit and Vegetable Review. Today's market report on fruits and vegetables (compiled by the Market News Service, Bureau of Agricultural Economics) says Apples—Supplies moderate; demand moderate, market steady: barrels, Vir- ginia and Maryland, Yorks, A, 21 inches up, 4.50n4.75; A, 3 inches Staymans, A, 21, inches up, mos 6.00; A, 2% {nches up. 6.50; uncla fled, 214 inches, windfalls, 4.00a4.50; boxes, Washington, medium to large size, Delicious, extra fancy, 3.5 8 fancy, 8.35; extra fancy Rom : bushel baskets, New York, unclassified Baldwins, 21§ inches, 1.25; A, 2% inches, 1.50. Cabbage—Bupplies moderate; de- mand light, market steady; New York, bulk, per ton, Danish type, 40.00a45.00 Ceflery—Supplies moderate; demand moderate, market steady: California, crates, 6-7 dozen, 6.00a6.50; few or- dinary ,condition, low as 5.00; New York, 2-3 crates. wide range quali and condition, 2.00a3.00. Lettuce—Supplies moderate: demand moderate, market fairly steady fornia, crates Iceberg type, 5.0025.50, mostly 5.50; Florid: Onion Market steady. Onions—Supplies moderate; demand moderate, market steady; Michigan and Indiana, 100-b. sacks Yellows, U. S. No. 1, large size, mostly 3.25; few 3.50: New York, 100-1b. sacks Yellows, . S. No. 1, medium size, 2.50a2.75. Potatoes—Supplies moderate; de- mand moderate, market steady; Michi- an, 150-1b. sacks Russet Rurals, U. S. 1, mostly 6.25: New York, 150-1b. s Round Whites, U. S. No. 1, mostly 6.25, few low as 6.00. Spinach—Supplies moderate; demand lmited, market fairly stead: rginia, Norfolk section, cloth-top veneer ba rels, Savoy type, fair quality and con- dition, 2.75a3.00. Sweet potatoes—Supplies liberal; demand moderate, market fairly North Carolina, cloth-top stave barrels, yellows, No. 1. 4.00a4.50; Porto 0.1, a4.00; Georgia, bush- el crates, Porto Ricans, No. 1, 1.50. Cauliflower—Supplies moderate; de- mand moderate, market steady; Cali- fornla, crates, 2.00a2.25, mostly 2.00. Other Prices Today. Tomatoes—Supplies light: demand moderate, market steady; Cuba, 6s, ripes, wrapped, originals, fancy count, cholee count, 5.50; repacked, count, 7.00a7.50; choice count, . 6.50; Ohio, hothouse, 10-] kets, medium’ size, 3.50; small size, 2.50a2.75. String beans, cucumbers, ezgplant, peppers—Supplies light; no sales reported. Kale—Suppli moderate; demand moderate, market steady; Virginia, Norfolk section, cloth-top veneer har. rels, 1.50. squash, very NEW PORT RECORD MADE AT BALTIMORE Bpecial Dispatch to The Star. BALTIMORE, December 15.—The arrival of nine steamers with general merchandise and full cargoes of com- modities yesterday bri the total number of ocean-going vess to doc at Baltimore since turday to ‘This is said in shipping circles to be the greatest number of arrivals in that period of time sin.« A o vass of Baltimore terminals shows ¢ vessels of 9 nations loading and ¢ charging cargo. DIVIDENDS. Perigd. Rate, B Stock of 20 S Austin Nich pi. Ark C Brit-Am Clties’ Serviea " Tin' stic) Bl v Do. vt B ent Fire I Copuer. J g Px Futtop b Go. G S OBk Co Bl O Gep Firenrootiss ' Do i’ Ham-Bwn Sho Accept 2d bt 575 i pi Lawsors M Co Cowell El Li . MacAndrews & 2 Do ph g Magzia Conpe .\l\;unl Bn.ul( . 3 or Bond Starlieg Hod Norinern: Partf ark Utah C M Richmond. Fd & Fotomac Stern Bros ¢ ‘A §t%Fbecnn Load. sreon L oo Wh ' Easle Of Whitman, Go"vt being much | . ! how- | of a cent and two cents | gasoline | | | | BY WILLIAM F. HEFFERNAN. Special Dispateh to The Star, NEW YORK, December 18.—Prices on the Curb Exchange moved with @ good deal of uncertainty today. The market for oil sharer continued tive and higher, but price changes were of ifttle importance. It wa noticeable, howgver, that traders, wh: had made big ynoney in the recent rapld rise in findustrial specialties, sferring these profits into the ofls. Those in close touch with the outside oil situation were of the opin ion that the recent cents a barrel in Pennsylvania auotations was a forerunner 1o a eral rise in other sections, Adv gallon in respectively, and kerosene, NEW YORK, December 18—¥ol- lowing is an official list of bonds and stocks traded in on the New York Curb Market toda BO sands GAG TS new 11 Am Gas & I 6 W 20 G & E 0 08 H 6l G&W 1S 8 bs tl Fruit Bs. .. .. leaverboard _ 8s. th Steel 7s ‘35104 oston & Me 6s. t Se Bs.. it Sery P 8... 04 S55 g = o, g RS o 2 Gulf O Corp by Inland Stee] “ Long Isl Light F Nmitota Bow 31 M 1 St P & 88'M by 1 Morris & Co 7%s 10. 6 No States P G¥e 1 40N 8 P M 6148 C1 40 ORlo Power 54 B, 70 Pan-Am P C w! 1 PR A Bs.. 1 o s 100 & L 6s 081, 1063 9913 S 4 101 14 SSmit & R 5138 1002 alvorine O 7s... 1043 alworth M 6 ebster Mill 6 FOREIGN BONDS. 9 4"11‘ r_‘nh{nr Glae. 851 Oi Heidelberg s 081y Dept_Antio 7s A 90 Est R R France French Nat 7s 7 Great Con 5 King Neth 6s ‘53 B107% i pbaeegia i 10 Buse Qovt s OSolv & C 6s B4 B104% P 10 Swiss Govt Blgs.. 102 2 3 Thyssen Ir &4l 76 03 991 13 Toho EI Po Ltd 7s 8O3 1Tyrol HE P 7138 10 We Pha Un E 8138 Sales hares. an 89 08 10 Fureka P L. . 650 Galena Signal 0 32 5800 Humble Oil & R 81 20 Hiinofs P 137 800 Imp Oil of Can'ni 20 Indiana P hern 400 Ohio 01l . 1100 Prairie g € 190 Prairie P T 80 So° Penn Of 110 Southern P O Indiana. 5005 O Kasas 38008 0 N Y 108 O @hio 1300 Vacuum il INDEPENDENT OIL STOCKS. hdrds. 10Am Contr Oilfids 164m Maracaibo © \ 1 Ark "Nat_Gas. 3 Cardinal_Pete 13 Carib_ Synd 0 Cit Serv new it Serv ptd. ¢ Golumbla Synd Creole Syn 2 Crown Cent 1 Darby Pei 2 Derb, Euclia 0il Co Givson Oil Cor. Gulf Ofl of Pa..! ifm»v et S g PSRRI o e B o ot B s an & pOE Fo3 o) Washington Stock Exchange SALES, omac Electric 1st 55—$1.000 at 1003 cmac Electric cons, be— $2,000 at 100, - Washington Gas Gs—: Washington Gas 03 $1.000 at' 101314 pital Traction Co.—10 at 102. 30 at ac Electrie Pow. pf shington Gas Light 10 8t 743, 10 at T4% 7435, 10 at 7413, 10 at 74%.10 at £ Washington Rwy. & Elec. com.~—10 at 241, AFTER CALL. 5wn.mn(|m| Gas Light—35 at 74%, 10 at Money—Call loass. 5 and 6 per cent. Bid and Asked Prices. BONDS, PUBLIC UTILITY. at 10 5 at 10 Asked. City & Subu Georectown Potomae Poicmac Potomac Pot Ei. Pow. z. m Wash Alex. & Mt ash.. Aws. & Mt. V. vash.. Balt. & Annap. Wanlinglon Gas Warkington Wash. Rw Wash, Rw (short} 0155 was1 MKt Cold Sterags Wardman Park Hotel e PUBLIC UTILITY. Tel. & Teiga... Dra +. Pow. Int fonal Capital.. ambin .. istriet ... 8 armers” & Mechan Nat. Bank of Washinwion TRU erican Security & tirental Trust.. cliants Bani Nation: Trion Wash. Loan Savings Fusty & Trust.. 1100 SAVINGS BAN vest. pf; et pid... | | States. ' _THE EVENING BTAR, WASHINGTON, e e e S N O ORI COSUEII ey ARl e B o i B et o B L i B TRl By b, SR bbb e oo SO ol A e B R s o e A NP IS . S NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office were put into effect by the Standard of Kentucky. Trading started in the new Ameri- can Can shares, which will be issued under the plan of recapitalization an nounced Thurséay. At 42 in the ratio of six new shares for each of the present outstanding, it was selling in line with the old shares on the Stock change. The rise in Electric Re- rator stocks which followed the announcement of the proposed merger of Kelvinator, Nizer and Grand Rapids Refrigerator into a $10,000,000 cor- poration, naturally called for profit taking, and slightly lower prices were reached in the shares of the first two named conmpanies, Jt was another day of disappoint- ment for holders of radio shar 2 New Lind. 1f oble Oil & Gaa 04 1Quio Fuel Corp. 3 Deer Oil Corp i [ Coig alt Ck Prod. b Santa Fe 1 8avoy Ol 1% 3 Yenezuela 3 BWilcox O & G n 26 INDUSTRIALS. braham St wi 84 b St pt w100 Gt South. . Gt Soutn pl um. Co' new 1 Can new wi Pow & Rayon 1 Am Superp A . 5 am Superp B 13 Asso Gas & oAU Fruit .. Et 20 Boissonnauli G ¢ : 2 Howen Co. ... ... 55 Briugeport’ Mach . 11 Brlyn City R R own Stioe 1 Wi Giu' Ale n ntsit Pi Cor. I&W R R Ve Chrysler Cor wi.. Cleve Auto ;.. i Commw P ¢ riew 1 Connor. J T € xd Cons G Balt_new SR, Cons Dairy Prod. 5 Continen Bak 4. 81 Continen Bak . 2 Cont 1 Bak pfd.. “ont'l Tob T FEESTE 3 Dunhill Intl 48 Durant Motor . 3Dup C & R v t'¢ 10 East § 8 Line. .. © Eiseniohr & B pt 10Ei B & 8h'n corp El Invest Inc... Emporium wi .. I R Secure Co. 10 Eng Pub Sery .. 18 Pub 8 PP bt ardo Sug Co.. FIFEL FEE R Alden Coal Grimes R Happ ¢ 5 Glen 4 o Corp. . A. I Hunt Bros ‘Al 13 Ind Rayon Co Ins Co N A ntl Conil Rub Intl Maten C ul A Intl Tul ‘B s Radio 13 Las P b4 Lenich P 1 Intl 313 Johins-Man ex-d. 15! Kelvinator C. nd 'Co’' F 13 Libiny Owtils 3G 217 FER R pe otion Pic Mohawlk O Music’ Master C. 24 Nat Pow & Lt n 1Xat Pub Serv A 3 Nickel Plate n' w Cop B orth O Pow (. or States P CA. i Billsbury Fir M I 1Piuts & L Erie,. 1 50 Power 5 Purity 4 Purity Bak 5 Rand Card ex B.. Mot Trk vie. 14 Reo Motor . 014 23% 1 Richm’'d 18 Ricks Mfe Lid Corn“A Sotdort Beth Ei Sof Gas & Pw A outhea P & L n Cal E.. ek o Pap. 3 Stand Mot " Stand Pub C A 4 Stutz Mot .. 103 Swift Intl . 140 Swift & Co . 15 Thermiod. R: 28 Thomp R C % Timken Axlo ... ob Prod Export 12 Todd Ship ..... & Tower Mfg [ [[ 68 Trans Lux Pic A 4 Trumbull _Steel 1Tubize A S B vie2 2 SolLamp. ung Sol LA “arbide i on S wiom SE D vte B e 1 oD BN BETABmE ST Fop - oo b it o oencn g PR oty e Pean kLA wi 34 Weat Pow pfd . 2y West Md 18t bt CWils & CAnowi 201 6 Yel Taxt C N Y 104 MINING STOCKS. 2 Alvarado Min 10 Calumet & Jer 11 Contl Mines 2 Cons Cop Minew: "2 Cons Min & Sm 150 % ¢ v,u.‘,.“(l & Cong e G 1 Cent 40 Hawthorue 2 Hollinger 1 Jerome v 974 X i ] 05 CANADA HEAVY BUYER OF RADIO EQUIPMENT Special Dispateh to The Star, NEW YORK, December 18.~Can- ada was far and away the heaviest purchaser of radio goods from the United States during October. The Canadian imports from the United States totaled $308,943 of the entire amount of $1,317,846 bought from this country during that month. The sec- ond largest purchaser was Japan, Wwhich bought $151,247 worth of goods. Australia was third, with a bill of 49 Tn all, 54 countries hought apparatus from the United The first Christmas card ever -pub- lished was issued in 1846 by a Lon- doner named Joseph Crandall, COTTON MOVES UP INTRADING TODAY Steady Liverpool Cables Help | Price Advances—Some of | . Gains Canceled. By the Associated Press. NEW YORK, December 18.—The cotton market opened steady at an ad- vance of § to 7 points in response to relativgly ateady Liverpool cables. March ‘contracta sold up to 18.84, or bout 21 points above the low level of vesterday, oh covering by recent sellers nd a litfle trade buying, but the ad- vance was checked by Nouthern sell- ing combined with commission house liquidation. Renewed Liverpool selling represented further straddling be- tween New York and the Iinglish market. Local selling developed after the call on rumors of heavy private ginning returns and unfavorable trade reports from Lancashire. It was rumored that one of the private authoritles estimated the ginnings to December 13 at 14,760,000 bales, New Orleans Quotations. NEW ORLEANS, December 18.— Cotton futures opened steady. Decem: ber, 18.70; January, 18.57; March, 18.31; May, 18.08; July, 17.88 bid; Oct: ber, 17.29. "The market opened in sym- pathy with better Liverpool cables than due. First trades on December Showed a gain of 3 points, but as New York opened much higher later months showed gains of 6 to 6 points. Prices improved a few points addi- tional right after the call, January trading up to 18.59, March to 18.24 and May to 18,08 or 6 to 9 points above yesterday's close. Prices eased off slightly toward the end of the first half hour, but still showed galns of 4 to 5 points above yesterday's close. The market is supported by expecta- tion of lafge mill takings. Cotton Values gt Noon. NEW YORK, December 18.—Cot- ton futures, 11:45 a.m., bids steady. January, 18.57; March, 15.81; May, 18.60; Jul. October, 17.83. NEW ORLEANS, December 18.— Cotton futures, noon, bids steady. December, 18.70; January, 18.55; March, 15.29; May, 18.03; July, 17.80; October, 17.29. SEES G0OD BUSINESS FOR NEXT HALF YEAR Economist Sums Up His Reason for Forecasting Prosperity All Over Country. Epecia’ Dispateh to The Star, NEW YORK, December 18.—Bas- ing his forecast on the reports of 800 salesmen of the Procter & Gamble Co. and his owrf investigations, N. R. Whitney, economist of the company, predicts ' business conditions in the United States for the next six months will be prosperous. “Agricultural conditions are sound,” he sald. “with the possible exception of the Towa corn situation. Farmers have absorbed their bank loans, and their money 18 avallable for purchases. The construction and building con- tracts let are certainly sufficlent to sustain activity for six months more. months sound, slight]; emple Banking conditions are though the outlook is for increased interest rates. Un- nent is practically nil. strengthened by the signing of the Locarno treaties, with France the only sore spot. All these conditions must reflect themseives in increased business and in increased consump. tion in America.” HOLIDAY TURKEYS LIKELY T0 BE HIGH . Maryland Birds May Cost More Than They Did at Thanksgiving. i Special Dispatch to The Star. BALTIMORE, December 18.—Com- mission men here are reluctant today to make any prediction regarding prices of turkeys for Christmas. In coming shipments and local demand equalipg each other, choice live tur keys will bring from 40 to 42 ceats per_pound. That's what they're selling for to- day. Dressed turkeys are expe.ted to sell at 50 to 66 cents at wholesale, None have appeared oh the market yet in any appreciable quantity. for turkeys at Christmas- al of the commission men said, would be greater than at Thanks- lgiving. The chicken market was re- | ported to be dull. Little buving is anticipated there unless the turkey supply runs short, it was said No “turkens,” the last word in fo will be on sale in Baltimore poultry markets for Christmas if a poll taken among poultry dealers indi- cates anything. Turkens are sald to be a new Mid- western variaty of pouliry. Turkens have turkeys on one | \nch of their family tree and chickens on the other. The combination is eaid to have re. sulted in a fowl slizhtly larger than the ordinary chicken with a turkey flavor. DAIRY PRODUCTS. BALTIMORE, December 18 (Kpe. cial.—Live poultry—8pring chickens, pound, 18a27; Leghorns, 18a25; old hens, 18: roosters, 16a17; old Leg- horns : ducks, 20a25: geese, 18a turkeys, 40a42; old, 36ad8; poor and crooked breasts, 25a30: pigeons, pair, 25a30; guinea fowls, each, 3Gag5. Dressed poultry—Turkeys, young, pound, 42adi; old, 25a3S; chickens, young, 27a28; old, 22a26; ducks, 25a 30; geese, 20a26. Bggs—Receipts, 647 cases; native and nearby, fresh, domen, offered at 48249; bld, 47; candled, 50, Butter—Qood to fancy creamery, pound,’ 47a51; prints, 61a53; ladies, 3§ a40; store packed, 30a81; dairy prints, 32a34; process butter, 43a44; rolls, 31a 34, PURE OIL'S DEBTS CUT. NEW YORK, December 18 (#).— The balance sheet of the Pure Ofl Co. for the fiscal year 2nding next March 31 will show the company’s funded debt reduced approximately to $11. 000,000, as compared with $20,281,500 in 1915 and $28,055,000 in 1924, the company having paid off about $17,- 000,000 of the debt in two years. MANY CHANGES IN FIRMS. NEW _ YORK, December 18 (F).— Many changes in Wall Street firms have been scheduled for the begin- ning of the new year. In addition to the consolidation of Hallearten & Co. nd Boissevain & Co., two well known international bankims houses, a dozen or more new brokerage partherships have been formed and scores of changes made in other frma. The steel business is the best in elght | “The forelgn situation has been | D. U, FRIDAY, DECEMBER 18, 1925. NEW MERGERS SEEN IN MOTOR FIELD Spirited Competition Also Money to Loan Becured by first deed of trust on real estate. Joseph 1 WE FlNACE | —an ctamses of income-producing property Large Loans a Specialty Cufrent int. rate and commission Higbie & Richardson, Inc. 816 15th St. N.W. UNlflNoglfl'chh;rofi&. INC., First Mortgage Bonds DENOMINATIONS: $100.00 to $1,000.00 FIRST MORTGAGES FOR SALE Preval.ing interest and commission, CWeller 2 F5EERRe | e A enominations of $250, , Certain to Continue Dur- ing 1926 Season. BY J. C..ROYLI Special Dispateh to The Star. NEW YORK, December 18—The automobile industry in 1926 will be In fewer hands, with competition keen and makers with small stacks of chips gradually retiring fromn the game. That is the conclusion drawn by automobile men pow here, pre- paring for the automobile show. They base their conclusions on the esti- | mates that the cut in prices on Dodge cars would range from $50 to $200 on recent reports of mergers and on | prospective schedules of production Executives of companies going in for quantity production do fot view the Dodge cuts with particular alarm | One authority pointed out that Dodzge | prices, with the exceptions of minor | adjustments last Fall, have remained ractically unchanged, while other eading producers have made big re- ductions in the lust six months. Changes Already Under Way. Announcement that the control of | the F. B. Stearns Co. of Cleveland had been purchased by John N. Willys and | assoclates indicates the revisions | which have been going on in the in-| dustry. Mr. Willys has not yet made | known his plans for the development of the Stearns Co., but it is understood in Cleveland that operations will be increased. Some believe the plant will be devoted largely to the manufacture of the Knight motors for use in the higher-priced cars of the Willys-Over- land,_Co. and the Willys 5. WIillys has materdally increased the taxicab department in recent years. The Stearns Co. was founded in 1896, and the plant has been in con tinuous operation 27 years. The first Stearns-Knight car was turned out in 1911, orge W. Booker acquired control of the company from Frank B. Stearns in 1917, and it was from Booker that Willys purchased control. The Grant, Templer and Rollin cars, once made in Cleveland, have passed out of existence, the latter filing a petition in bankruptcy a few wee ago. | Another Merger Hinted. The Chandler and Cleveland com ‘ panies are reported as planning t merge. This would be a natural move, | since the two companies are controlled | by nearly the same interests, and it | was announced at the time the Cleve- land Co. was formed that the consoli- dation would be effected when the time was propitious. Management of the Peerless Motor | {Car Co. has changed several times | nce the car was first placed in the | field. At present the plant i being | operated by Edward Verlinden and as- | soclates, most of whom are old men. The Verlinden management is now turning out a lighter six-cylinder car to compete in that field. Spirited Competition Seen. Tt 1s certain that 1026 will see spirit- | ed bidding for business in the low- | priced field. About a half dozen light | | sixes selling under $1,000 will be intro- duced at the New York show. Presi. dent Ross W. Judson of Continental | Motors said today his company had | completed negotiations with H\llflnlfl-l bile manufacturers which would in- | crease Continental output, and that he expected 1926 business to exceed that of this year. The demand for Hupp sixes is greatly ahead of present | capacity, That company carried $7.- 500,000 worth of unfilled orders over |Into December, and expects to close the year with sales of 15,000 elght. eylinder cars, i New models, lower prices, accom- | plished through quantity production; | lower motor taxes and lower income | taxes are expected by manufacturers to further expand the mar for c in the coming year. Higher tire pr {may be reflected in the prices of cars {to consumers in some lines, but other | economies are counted on to counter- balance these (Copyright TRUST-COMPANY GIVES | HELP RECORD BONUS NEW YORK, December 1S () The Title (uarantee & Trust Co. an- hounced it would divide $1,200,000 ong its emploves, the largest bo ever given their workers. The bursement ranges from 16 to 47 cent of the yearly salary of the ployes and ~officers, based on {length of ser Other firms an-| nouncing Christmas bonuses to em- ployes vesterday were The Mutual Bank, 10 per cent of yearly salary to employes and officers, and the Fulton Trust Co., 10 per cent to employes and officers. 1925.) di ) the | STIR OVER BANK RATE. NEW YORK, Dacember 1R (#). The cloge attention which {8 paid || each week to the possibility of a change in the New York Federal Re- serve Bank rate was strikingly em- phasized yesterday when the of the directors was delayed for sev- eral hours. The action immediately caused the circulation of reports that the rate would be advanced, and while it came too late to affect trading in securities, it cauged a temporary lull in foreign exchange cealings, partic- ularly sterling. YEAR'S EARNINGS GAIN. W YORK, December 18 (#).— earnings of the Cities Service for the 12 months ending No- vember 30, 1925, were $1 958,51, as compared with $17,368,090.64 fn || the corresponding period of the pre- ceding year. In the rame 12 mohths net earnings amounted to $18,627,- 202.01, as compared, with $16,704,- (]| 044.02. Y | Your Banker Knows. When In doubt about a security consult your banker. It is equally as much his Interest as yours to protect your savings. You trust him with your deposits—why not trust him | 1 2222222224 Cag Mortgage Money to Loan $750, $1,000 and Upwards 6Y2% All Loans Made on Property Located in the District of Columbia JAMES F. SHEA 643 Louisiana Ave. N.W. WANTED! SECOND. TRUST NOTES etmon s U s 51 "eedond irust’ notes. secured on. D. OF earyy oAl entate. actfon 1n every ‘case. Washington Investment and Transactions Co. %15 14th S8t. N.W. Main 3663 First Mortgage Notes For Sale In Denominations of $100, $250, $500, $1,000 AND UP 647 Interest Secured on D. C. Renl Estate Wm. H. Saunders Co., Inc. Established 1887 1433 K Street N.W. FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President on Real Estate. Tat us finance your property THOS. E. JARRELL Member Washington Real Estate Board 21 10th St. N.W. Main 766 JOHN JOY EDSON, Organized 1 President Assets Stocks Bonds 0dd Lots Carried o Margin Buck & Company ~—BROKFRS— Established 191% 312 Evans Building 1420 N. Y. Ave. N.W. Tel. Franklin 7800 Direet Private Wires to New York Join the Equitable and save with the “Army” of regular depositors, 915 F St. 1st Trust Loans On Improved D. C. Property Made —Also Construction Loans— Exceptionnl List of 1st Mortgage Notes for Sale L. SANSBURY CO, INC. 18 Eye St. N.W. Main 6904 First Mortgage Notes For_eale. Coneult us if you have available funds for investment. THOS. E. JARRELL Member” Washington Real Estate onrd 321 10th St. Main OANS We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of interest. Should you have Money to Invest. —we can also take care of Our experience, ex- ling over a period of Thirty-Five Years 1sures vour protection. Percy H. Russell Co. 926 15th St N.W. Houses Business Praperties 766 INSURANCE —in all its branches. Let us know your requirems We can serve vou, THOS. E. JARRELL 721 10th Kt N.W. Main 766 Our Listed Securities Department with direct private wire con- nections to our offices in_other cities, has every facllity for the execution of ail orders to buy sell s s listed on the principal exchanges, Hedge 1412 Eye St.NW. Franklin9503 We solicit your business on the basis of intelligent advice, prompt and careful attention to yo instructions. 7 S AN NS NN, Stocks and Bonds Carried on Conservative Margin EASTMAN DILLON & éo. Vembers New York Stock Members Philade!phia Members Pittsburgh Stock Second Floor Transportation Building 17th and 1 Ste. Phone Maln 9909 with your investment problems? Over a Quarter of a Century’s Experience Main 2100 procedure in Apartment House management, the re- sult of our wide experience, enables us to save you time and cost. relieve you of the greater part of your supervisor: tail, tion of you and your tenants. B. F. SAUL CO. |ifl | 713, 715 and 717 14th Street Definite— We believe we can for Christmas. de- to the absolute satisfac- 925 15th St. $5,031,814.86 Subscriptions for the 90th Issue of Stock Being Received SYSTEMATIC SAVING Surplus 1321 Connecticut Avenue “Valuable” ness property is a good Let Our Investment Department Tell You How It Is Done FINANCIAL. SAFE 615% and 7% First Mortgage Notes For Sale GEO. W. LINKINS 1733 De Sales St. Established 1886 We offer a limited number of 79, First Mortgage Notes se- cured on residential properties. Write, See or Phone Clarence L. 0'Donnell, Mgr. Mortgage Dept. AFRITZ COMPANY | 14th & K ESTATE LOANS REAL ANY AMOUNT APARTMENT 5%% AR OPERTY RESIDENCE LOANS AT LOW RATES FRED T. NESBIT | INVESTMENT BLDG. Main 9392 Equitable Co-operative Building Ass'n FRANK P. REESIDE, Secretary 46th YEAR COMPLETED $1,352,749.93 The quickest way to ac- surest and cumulate money is systematic- Join today. saving ally. 915 F St. 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. RAGNER & COMPANY MORTGAGE LoaN GORRESPONDENT Apartments Office Buildings Telephone Main 9700 busi- investment. let us investigate its “value” s & Middletonke REALTORS — AN N ASTANGDNSHAA LN “S z P’_ U - G” —This is not a new make of spark plug, but the mystical insignia of a group of citizen have banded themselves together as a: who “§”osiety to “P’revent “U’seless “G"iving \We are not active members of this body, but we feel impelled to suggest that their objective, applied to financial transactions, is worthy of thoughtful consideration. Instead of buying gifts which, in many in- stances, perish with the using, let us offer you choice FIRST MORTGAGE NOTES which are unquestionably safe and today yield the in- vestor 6% % per annum. There is ample time to arrange a purchase Main 2345