Evening Star Newspaper, December 20, 1925, Page 56

THE SUNDAY STAR., WASHINGTON, D. DECEMBER 200 1¢ PART 1. BURB SI[}UKS END ;\SAI‘E DEPOSIT BUSINESS GROWS |0IL MERGER COMPLETED. |Call Money Rate | FRENCH LOAN FAVORED. |Rally in French STEEL MARKET STEADY. | STEADILY IN IMPORTANCE HERE |standara of New Pork Takes over| Rise Considered |american Bankers Interestea in| Framcs Fealures |Ratircsd Equipment orders week' i s Magnolia Petroleum. Tobacco Investments. 0 . Leading Feature. WEEK WITH RUSHiTim" Locks Sometimes Cause Odd Situations, | - YORK. December 10 (@).— Only Temporar_v: o e | Week’s Finance| .. YORK, December 19 () | Stockholders of the Magnolia Petro-| By the Assocated Press | Although the proposal that the United| Ly the Associated Press. Ihe !Sl;?dr;a'r}(ent : during the past week st bals U Greatest Care U: sed—Local Banks Have Enjoyed lleum Co. have been officially notified NEW YORK, December 19.-- ;States participate in the flotation ufJ NEW YORK, December . in values. The volume of new h"y‘:, p 3 G that the merger of that company into| Commodity markets moved within | huge industrial loan for France| Revival of activity and strength |was smaller ewing to the approachin: Industrial and Utility Shares Prosperous Year—No Failures Recorded. | he Standurd il Co. or New York has | narrow and irrezular limits during | Cunnot bo seriously or formally eon | eI et 0r scepsintive | Lo It railroads were ¢ | been consummated. The {sofinel i i L ered until the French debt has| e ative |t & re needs and the ¢ - - merger is four shares of Standard ofi| Uhe ‘Week. The ervatic fluctuation |p.q, cerjed, the idea has been favor-| ndustrials > volume of new | mand from this source was very satis Turn Strong—Lago Qil - Co. of New r-each share of| Of \Wheat futures, which showed o | 310 \ocejved n financial circles. If| 0 d recovery |factory. The future outlook w = b BY L. A, FLEMINC thing of value on the floor or n the | yx, s for each share ofi y.t decline of about two cents a | 4P e ananclal cle eh. in 3 francs were the out- | tons f ble desy : % i gnolin Petroleum or cash payment { : cuch a loan, hased on industrial en onsidered favorable despite quite : - . desk, but the custodian discovered a bushel on ) week, reilected i Gains Safety dej boxes and the care of |jeqi 0 G N Ough he had not | Of $181.23 a share for Magnolia Pe-i (a0 bl 19 TS (he pub. | lerPrises, is tinally artanged, it is| m and some i valuables other than cash 1 any one there. Investigation dis- , holeun. The right of the Magnolia, Jication of the Argentine govern. | expected to involve a grant of the zeativestont any . ' | Stockholders to receive Standard Ol 0f | mant crop report, Cotton futeres | tobacco monopoly to American in- ron was = - bles in the vaults of banks furnish an | “losed @ small wad of soft paper on | Moern a ests, Rl e limportant branch of the business |the floor, which he picked up and | W, YOrk shares expires on Decem-| closed slightly lower, with consid- !“'“"“' B erable interest manifested, how- Silnnuhu i) craq. | (hich bas not been iven mucty puly | Bading something hard in it opened Eent | ) | N R 3 B ecember 19.—Trad- | licity through the columns of the daily | and found a fine diamond. == — | ever, in next Monday's official re- 2 in the industrial and public utility | pr || This was' delivered to tho desk of| NEW YORK DAIRY MARKET, | POrt of ginnings. TICKET PROBE PLANNED. <sues assumed large proportions on | THIS service is of the greatest im. |the secretary of the company, ac- . The stiffening in call money s Arge % portunce, must needs be surrounded | cording to orders, and details of the| NEW YORK, December 19 UP).—| rates toward the close of the week |Baltimore May Get Unlimited i curb exchange today in the last /Ly the greatest care and of its very [boX openings of the morning | Butter, firm; receipts, 10,791 tubs. was generally regarded as tempo- 3 Tg e - 1 pronounced strenzth de- Inature develops many interesting hap, | furnished. Eggs unsettled; receipts, 14,026| rary. Time money and commercial | Rides for $1.25 Per Week. r many sections. American | penings during the equres o ar. | The client in booth 10 seemed most | cases; fresh gathered, extra firsts, 45| Paper rates ruled unchanged. Iig es Corporation rights to 1 The vaults themselves require great | likely to be the owner, but how did do., firsts, 43a44; do., seconds, 41 | — = Special Dispatch {0ifThs Star, “A” common, class | care, must be fireproof and, within |the diamond get into 147 a42; nearby hennery whites, closely BALTIMORE PRODUCE. | BALTIMORE, December 19.--The varrants as issued veason, burglar proof. They are pro-| She was communicated with and re- |selected, extras, 54a65; nearby and 3 | public service commission will begin e ders of United Light cted as f locks can protect by ted to call that afternoon, but|nearby Western hennery whites, firsts| BALTIMORE, December 19 (Spe-|in @ few days investigating the suc- | BANK CLEARIN( eared In the deal me locks, which must depend on It off on uccount of previous e-nJi}o average extras, 4553; nearby pul- | clal).—Shippers of pouitry and perish: | €655 oF weekly street car tickets in o GS. d 3 me one man for the. time sotting, cnts. A few doys later she made | lets, 45a46; nearby hennery browns, |able produce should be careful not to| Plttsburgh. If they #ire found suc- NEW _YORK, December L e when, IC I workite order* thuoy investigation of the contents of the | extras, 5lab3; Pacific Coast whites, ex 3 = which will arrive later |cessful it is likely they will be or WALL STREET BRIEFS }'mn. New York hank clearin 5 : Ty © n closu s deposit box, and immediately | tras, 50a52: do., firsts to extra firsts. | tha 3 . s should | dered for timore when the loca! 141,000,000 the vault | czlled on the secretary to return “her | 4 & t i will arrive Christ- | trolley company’s valuation is de- £459,000,000 our there. didmond.” After a little investigation ! Cheese steady: receipts, 67, mas or the day followin, arkets | cided NEW YORK, December 19 (P)—!serve Bank credi 93,000,000, that official s convinced that she | pounds. {will be closed both days, v A six-month trial for weekly tickets | Gimbel Brothers. Inc., plans to ex s the owner, but asked for un ex: e — - > 3 dec v ked by People’s (‘ounsel 5 hang addltional 30,000 preferred i 5 planation of the changes in booths. T 6ittlook foe Chast the valuation case. It would | shares : 500 common s<hares of | CHICAGO GR. (i the presentday science of chem Mhe answer was surely # womar BUTTER IS LOWER. as is very good, according to com. | ©NUUE holders 1o as many rides as | its stock, which its stockholders have | By the Assoc ;:V_x u.‘ Line devel of the acete: | raason, As s entering 10 she & i sion merchants, but owing to the | they want for £1.25 a week {been asked to authorize, for all the WHEAT e ey s vy o Such (A Bl inouted thal 14 was ‘@ hirgers and Bt UCAGO, December 19 )| warm weather prevailing unusuai | The valuation Will have @ vital ef- | outstanding capital of Kaufman & Prember o R el ool et nicer booth, aud therefore moved over Butter lower; x?velyiq 6,791 tubs:|care wmust be taken in shipping | fect on street car fares and operation | Baer Co. of Pittsburgh in which Gim. May new Al poitn Fnloy an o e St ae 3""::{;5-“2;‘43 L 'drgfi\ed poultry. |in the future. bel, Brothers lave bought the con May oid he tauah e e Bulky Parcels in Vaults. ShN, firsts, 2 nly chofce fat turkeys should be —_— — - trolling interest. his oustanding |* “Corx s Ll SRl 4 Tt | Soaxatvednis "*’—a’;?fl" redeipts: | killed, as shipments of poor, thin al consists of $200,000 of pre.| eccminr 4 e It itself. e muin safety vaults of the 3,238 cases; firsts, 38a40:; ordinary |stock only tend to decrease the value LIVE POULTRY STEADY. and 28,303 shares of common | Ma¥ Wome d mer 0o, w S cir gy i o | flrs H 5 e T oo e T st nies and of some of the | firats, 34a36; refrigerator extras, 34%ijot the better grades. Should the| CHICAGO, December 19 (@) ck {748 the torch must be depended upon to | ik 8 as well many bulky | firsts, * | weather continue warm, shipments of | Poultry alive, steady. Receipts, four | 1, . , B open” the boses, for which a Healthy | maas e bo R A orients oBer | = {live instead of dressed poultry are ad- | cure; fowls, 1824; Sprin i e D o el el s, for 1 Bealthy | oxes are stored. their contents vary visable. M closed toda 2to | keys, 40; roos 1 99905; | 204 Financla cle daneading | feauls charged ing almost as much as merchandise | - DEPOSITS SHOW GAINS. D s e tondy at 42 | evs 40; Sonsters RlsiRducR {cities show that bank clearings this|Y e O Laionnecton idoes hington, because of the mi-| BALTIMORL. December 19 (Spe for old Tome, and 30 to | 5oo 10 weeloitatdledi S gL, €35 02 Y50, san E i et honi e A bits of its residents or 1a1).— Deposits of the 14 mutual sav- and crooked breasts. De. > rease of 6.20 per cent over — o : during the S banke. i Ballimore sggregated | mand for lines of live pouliry WEEKLY BANK REPORT. beriod lost year. when the clearinz:| TREASURY CERTIFICATES 4 o t immense quan 2 on November 1. This is | have cased off and values il a shade .. s otaled $10.770,598,839. New York| o i 4 . 1 and #00ds 0 | (e ‘hizhest fiEure ever reported by |lower all alon the line. Aediom {0 | NEW YORK. December 19 UP)-—|City showed an inerease of 110 per| (4otations fumuihed by Reamond & Co nks. and compares with $149.. | large fut Spri kens sell 2 « The actual condition of the clearing |cent. ¢ S in the | on deposit a month earlier and | 27, Lehorns. 23 and 4. but poor and | Douse banks and trust companies for 4345 Maren 32 100 57 wurslarsanainre: | Sio0aE O CEROSH B RO e S T e & it 20 to 95, ‘O1d | the week shows excess reserve of The General Bublic Service Corpora- | o ; i1 1937 ud the exp f insurance is saved. | 1617 hens are selling at about the same|388:728510. This is an increase in|iion has been incorporated under the |3%s Jun 20 ga oo Several of U ust compinies have prices. with the exception of Leghorns | Yeserve of &2 380 over Jast week.|jyws of Delaware with power to in-|4af ! 1001132 1007 standing developments in this | tive foreign compelit I week’s financlal and commodity ' optimistic predietions markets. ) building trade. Pig 1 | Heavy accumulation of the rails |by steady, with dol ’ represented a strong vear-end re- |offers limited. 1 investment demand for those fs- | Copper steadier. lecent sues, based on reports of large |around the 14ceni leve shpe current earnings and prospects of |have relicved the market of speclal dlvidend and ‘merger de- | pressure, and prices have velopments. : following the bullish mon stati The recovery in French francs |tics, the development of 4 nires i reflected tho passing, at least tem- |in London and reports of o oo porarlly, of the French financial |good demand for finished prodies. crists through the appointment of |shis country. Paul Doumer as French finance 2 minister. AIN MARKET the bLank s triends to tin money t the durding] of its customers. Indeed business will S o « r aatisad oven S i Bardbne mng : arehout < = = jand poor fowl, which Wil not bring | When excessreserve totaled $14,472.430. | vest in public utility securities a t is possible to : q S 1 o ‘”“f" 1]3 to 20 — o= sther corporations with an author e Silineie o 3 people. unlock tie >ucks and geese are expected to be apital of 75,000 res of & per cent | arities: bos and withdraw a speciiied srticle ! o Letter demand for (hritine it i | CHICAGO STOCK MARKET. “ilucive prererred stock, 33000 | GERMAN BONDS AND STOCKS nd trust companies also aid | or two. Should unything of value be | Keys continue to .. e e T hosor T be e e sty hateating } 1 S ing for securi- | lost later from the box or the renter | SR Lo e 5 : P ock and: 1000:000 i baren of 5, marks 1 ald be | of mall country bank the situa ) the medium of a special | conceive that such w the ¢ Le 24 to 28 for the former d 22 to! Katz, Tiddie - : ommon stock, sll without par valu jer Gt 1 01418 42000 B0’ es desperate as it takes time to purpose. Here, | or she would to recall the r the latter. Small and poor | Real Silk, '; Swift ‘& Compan: cate headed by Stone & Web. ¢ 1 anjl 600 8ot a tor : From the | 100, the grez re 13 needed In the | visit of the banl's represen 2 . however, Wil not bring over | 1133;; Swift International, 23: Union Inc., bas subscribed for 250,001 i bes Glty and there ni other bank seléction of custodian or custodians, | the vault. {2 Guinew fowl and pigeons un| Carbide, 181; United States Gypsun, mon shares In the new i tQu Gullaze ver thousand mark and € s 88T ily bonded . changed from la wed ressed | 150 or $10 : g e e S L ¥ R <o chs is made for keeping se Prosperous Banking Year. o B e Mren o I 1 . tion for 0100 100 2 \ - short period of time.| The year now rapidly drawing 10! or two a pound over live stock. Sea — . The Mathicsos BALTIMORE LIVE STOCK. ; @ which a xnodmulu- -hs {a ‘lh. \l)un.“lreen1 & ProRperons woneiron for rabbits is drawing to a close DRY GOODS MARKET. start quantity 1v|l()4|u;‘lir:n o=l 3 5 t is customa ich month. Otherwise b n the banking busine ankers ' but der tinues good for fresh | NEW YOR S5 16 (Spe. | Ammonia immediately after January b “’\"“. MORE « close record of every time ; ‘ty | would be competing, free of charge, | 1ave met with some difficulty in keep- Stock wariving Taeon ,.,,(.{r‘ci.’, S ‘“‘"‘:“"- l’,"E: mbey 18 aSPe- ! 1, thereby utilizing what had been deposit box is opened, by whom With their own safe deposit business. |ing their money fully employed, b 50 a dosen for. eholre near by | QA1) Cotton prints were quiet to- | ninerto unprofitable by-produ at what hou 150, to muke im-| i receipt is given | they have made up for the deflciency | Gock. and .50 to | day, withathe ' down 3 at 8| pencuation is being tiate and ca < - cecurities deposited with bank or!in the demand through increased . ood: |and the 65725 unchanged at 10t | (EHONEION 8 Tl ch booth after : t company, which must be re-|vestments and the Year has beei ou v silks were firm at unchanged | o ti ‘e pleated the examination of med on the surrender of the secu- | of special favor in the investment parket is holding firm at 3 ! I raver Lt e e s and named therein. Banks ake!field. There have been fewer losses!per 100 potnds. and 2.00 1o lgrealy b tions today At | Tt e ot receipts for all collater: to charge off, fewer losses through|culls and 25, Market for s e Paaan ering. s e Is is very essential. and the re-|,\yners troubles of customers, and altogether |and yams is a shade easier, and top e | stock holders the right to su cord is accompanied with the number | " yjglders of safe deposit boxes fre-| r has been one of z0od busi- | nrices of 4.00 and 5.00 a barrel for [0 84,114 of _common stock— of the booth occupled. quently leave securities with their|ness and good net results | the former und 3.80 and 4.00 for the hich shares of $30 par Frequently intangibles o AN oy dec v may be read- | » Washington Clearing House ! latter are obtainable only on fancy| NEW YORK, December 13 () ¥ increasing the amount PR common to jae s el T L ily obtained by un official of the|Association has functioned with ex-|dry stock. Lots of dirty, heated or|Stocks irregular; Amerlcan Can ral. | outstanding to $31.544,800. Holders | Foentafive 108 The, Fociere Coners Ee quality et e moments andinos ank, in the event of their sale be- | cellent results during the entire year |inixed stock will not bring s much | les 7 points. s o on December S0yl b b : Boneonora el St ;| frequently valuable tangibles are ed during the absence of the | Therc have been no bank failures |as culls and No. 2s. which sell 1.5 Bonds firm: French fssues continue | titled to subscribe to the extent o : e o pa o i ied - Many investors their | not a cent has been lost to deposi- |to 2.00 a barrel. Eover ! is- {7 . ally the custodian carries the | OWher, ATLeY IEENCIE, O ) tors. so that they have no plaints to| Native and near by garden Rl e et ; a shi - iption | Luv O ke Ponthy but alwasElnatHe | i o Sbrancel tromithio Ity | make. There has been some “mop- | will be in_good demand the con francs hold gain ; T Y 15, 1925, |naces, It itsinlace adilom S e collected and dividend checks | ping up” of weak sisters for the p ady T e e S [the eve af the o locks it all under | X Mitted or to deliver in the event of | of the common cause and this F : h he box. | & source of congratulation. 2 B R - higher: Cuban buy Mystery of the Diamond. g e natural that bank officials,| Banks are evidencing their pros-| 50 a r 100: Brus Tow selling 1 CrrRE I U s ey T e on presented with signed. | perfty Ly extra distributions to their |sels sproute. £.00 to 1 arrots, 4.00 | houses. . e BcHan e overme in the city, the custodian, on the re. | and otherwise attested nrrivr>y\hznv'l holders and bonuses to their|and 5.00 Jeale. 40 0 bushel:| €HICAGO.—Wheat eaxy: bear ity Tof (ha B Best ot e e s S entETR nERttRL I v | employes > {onions, 200 and 340 100 pounds; oys. | d cows, | st of & pwoman client, took out a | from oK e ith the box of & cus-| Honsuses and Christmas savings|ter plants, 5.00 and 7.00 100 pars. | v predictions Ll | 3 e Ib., 5|10. After a timo the box was re:|tomer. When it is unavoidable and|clubs’ disbursements have made for | nips, 50 basket; spinach, 90 to 1.25|: ; _B. Nicholl & Co. a_subsidiar. I . manuf shoits, | turned and locked up. Investigation |action is neces: in urgent cases | the greatest shopping season on rec- | hushel: v cabbage, ' 40 _and 50 attle steads Universal Pipe and Radiator Co., has | distribu n lof number 10 failed to disclose any- they may, on order from renter, \ th | ord with local merchants. bushel, and turnip: and 35 basket Hogs lower. Leen appointed the United States rep- ' Co. hovement heir r million mark confirmed reports that they we egotiation with representatives of | cluded linteres CARLO” By E. Phillips Oppenheim ERE is the sort of story every one likes to read. The cleverly fashioned plot tells of the gay adventures of alovely young English girl who, by a stroke of good fortune, gets the opportunity to enjoy a two months’ vacation at Monte Carlo. In order to be eligible for the trip, she gets her fiance to pose as her brother and together they set forth as the guests of Sir Hargrave Wendever, wealthy Englishman. Sir Hargrave, told by his physician that he has but six months to live, gives the beautiful Violet Martin and her fiance everything they desire. Their experiences on the Riviera are graphically described by the sweeping pen of a1 ' Oppenheim, who brings the story to a close with an unusual twist that is sure to delight his readers. BEGINNING IN MONDAY'’S STAR