Evening Star Newspaper, January 4, 1926, Page 23

FINANCIAL, FGGS SELL LOWER THE EVENING NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. 4.—Higher were the rule in the curb trad- January ATGENTER MARKET - Decline of 8 Cents Per Dozen: nent leaders. Buying of these stocks i was enforced by merger rumors and Since Last Friday. | by the fact that the statistical posi Chickens Higher. {tion of the industry has shown a de- | cided change tor the better in fkcent monthe. In some quarters higher oo ude il p are looked fo while 1 in cthers, equally weil informed, bellef prevailed that uch aetion would stim. ulate increased domestic production, inued to drop today at Market, finding a $0.cent for average receipts. This rep. op from the pre prices of Friday, The he local market con in the Center low NEW YORK. January Follow - Linz s an official list of honds and stocks aded in on the New York Curh Market tndas BONDS an Scent sup- as in Salesn Hone and A rise s until heavy handant not expected the sur Year used the and New 1011 nd 1015 I ght Christmas hipments has heen mate own s oo a ring poultry tur chickens il slight jump in the line today, while the kevs tapered off Other lines e but firm. It Monday market Wholesale prices today follow i dre demand f: rather usualiy quiet tizhi ained the at Center ket Today's Wholesale Prices. Butt one-pound prints, receipts. 10ai2; 15a50. top. 43n fov 1 100 * ancy ax 50a33: store Average a37: hennery, Alive: Turkeys Chickens, 34a33 ats, 53a60: ralbit 13a20. Dres Spring chickens 1 Sun 0il 5 Fraits and Vegetable Review. 13 Swift & Co on fruits Trim Tiitte 0 Ol Prad S b ah T'n R of Hav 7 of Asri L ahles (furnished News service, Bureau 1 Beonomics) says Supplies moder market nd Vi 5 A 2%y inches np. A 21, inches up. ‘hes up Stavmans, inches up. medium | 3.25; extra fancy | 3.00. Bushel Daskets no “ales reported Cabbage—Sunplies light moderate. market steads hulk. ver Danish type. mostly | oy Sa und 60.00. Florida. 1%, bushel | 1R hampers pointed type, 3 |} Rhine Sex Celerv—Supplies moderate: demand | 78 cand® Falls moderate, marhet firm lifornia 1 Siem & Hal 11326 . mostly. £.35: few ins. Ger Blys wi Con FI'83,e ambure El s 10 Hinzar Cons 3 Kin Denm 2 Prov S demand | New York. | os fie sttuce—Supplies moderate: demand | derate. market steadr: Arizona. | Teebers 45 dozen Tokio EI Lt €s STANDARD OIL ISST Anz am D AT Lot type 4508 ni x dr 1% Potato Market Supplies modar ket steadv: Mic 00-pound sacks a3.50 Supplies dy. demand gan and ows. 17 ehrzh 4000 Cont’ 01l ne 1 Gal S 0ot old $0Gal S 0 pr nw | 11000 Him 0l & RIY 1 1inoie G de. ! Michi Oni Neht Tndia S Nnt 1.2 \tataes. mand moderate. n 130.pound sacks. No. 1. 7.00a7.50; Maine. 130-pound sacks taine No. 1. 7.30 Spinach—Supplies moderate, de. nd moderate. market steady: Texas. | 1shel baskets, Savoy tvpe. 1.85a2.00 low Sweet moderate market steady Russet Rurals mostly 7.25 Green Moun- toes—Supplies moderate: | mand moderate, market dull: North Carolina. cloth-top stave barrels. Porto R dinary quality. 4.00a4.50, niostly 4.50: Marvland. bushel hampers, Tellows. No. 2.50. Cauliflower—Supplies moderate; de- mand moderate, market fairly stead California. crates, 2.00a2.25; few 2 Tomato Supplies Light. Tomatoes—Supplies light: demand moderate, market steady: Ohid™ 10. pound baskets hothouse stock. medi- ;im size. 3.50: small size. Cuba, %<, vipex. wrapped, repacked. fancy count. 7.00: cholce count. 6.00a6. originale. considerably decaved. wida o range {n prices, fancy count. 3. ko ”’l”:}‘"‘" Pet Carrots—Supplies moderate: demand | Mex Panuco moderate, market steady: Texas. bush. | Mount Prod K e .60a2.75, [ youm our Supplies light: demand mod = ol erate. market eady: Texas, hushel | bhaskets, mostlv around 3.00 Penners — Supplies moderate: e mand moderate, market fairly steady Florida. pepper crates. fanev stack choice mostly, 250, igzplant —Supplies light moderate, market steady Pepper crates. fair quality Squash — Supplies lizht moderate. market steady panper crates. white. larze size. 4.00 Peas—Supplies light: demand good for good stock. market steady: Flori da. 73-bushel hampers. mostiv 4.00. « Cucumbers— No suppliee on market: no sales reported. . . CASH REGISTER STOCK OFFERING TOMORROW | YORK, 4 (®).—Al| formal will he ! aracaibo ¢ it Serv pid B Columbia "Synd. . Creole Synd Crown Cent Pete R e " RS Reets. o demand Ck Pros Florida, | G I Wondias Pet new INDUSTRIAL: 2 Abra & St ofd w) 1Ala" Gt South Alhers 40 Am | i 1 Beaverboard pfd. 1 Blise E 3 1 Birn Shoes Tn: 2 Borden (o 3 Borden ris Wi anuary offering made until tomorrow of the $60,000,- | N0 National Cash Register stock re. | cently acquired by Dillon, Read & Co., | the issue already has heen admitted | to the trading list of the New York | Stock Exchange. The exchange an.| noutced, however. that actual trading | In the shares would not hegin until the | subscription hooks had heen closed. | HIGHER RATE LIKELY. ‘ New York Reserve Bank May In-‘ though not “onnar Jobn T ons G ‘Balt new on Laundries wi “ons Dairy Prod. ontin Bak A ‘ontin Bak B! S Die € & Rad Intl T Joehler Jibilier ( Junhill cerease Rediscount Charge. YORK. Janvars § (@) tchinz the decline in the recerve | in of the New York Federal Re | serve Rank around per cent compared with = ratie above %0 per cent A few Wall Sireer would no it the local idvanced early iny in the inted has indicated exixtinz 31, per cent rate | wusiness here (rom | where the charge is on | cont hasl NEW I i E E E T E i E W Empor monthe surprised were orhan Co [TEN W o Can A1 Fan A" w1 rediscount o this A 1of hills di the att ather cent a4 per ase 53 Foun St Eise Gen' Buk tGen dce Cream Gillette S R.... 1 1Ga L I & Ry Gien Alden Coall & Goodyear 5 33 Grimes R & € R 4 Happiness C St 4 2 Happinees C St F & Heyden Chem 1 Hellman R.... 1 Hellman R pfd... 4 Hires Ch A Hood Rubber. Ind Rayon Cor A i Int Contl Rub. % Intern_Uul B.. 1, Johns-Manville # Relvinator €. 1y Kroger Groc & B. 1 { Kraft Cheese.. .. 3 Land Hold €A 1 Land Co Florida 20 Leh Pw v DAIRY PRODUCTS. LTIMORE, January (Special). ‘e poultry—Spring chickens, Ib., 2583 Leghorns, 24a28: old hens. 25a 30 roosters. 18: old Leghorns, 20a25; ducks, 25a30: geese. 25a30: turkeys, 45a50. old. 40a42: poor and crooked hreasts. 30a35: pigeons. pair. 25a30; guninea fowls, each. 35a85. Dressed poultry—Turkeys. young, ¢4, 40a42: chickens, voung, 2 ducks, geese, Receipts. fresh. do: o " 7 30D H o g m o I, cked. 30: dairy 213 Refore You Invest—Investigate. 1t's queer how careful a man ecan Te after he's lost his monev. Ahe Martin a man who is not | , #qtisfied per cent and his ney are soon parted. prini rolls, | 1.50a3.00. ;| Low , which up to the present has shown 2 | steady decline from the peak output reached last May. Humble was a prominent leader of the Standard group, establishing a new hig at 98. In the independent | aroup Lago issues were carried to new topy in anticipation of an an- nouncement in the near future re- rding the acquisition of these prop- lies by prominent Standard Oil in | terests. Radio shares were featur advance of 2 points in when it sold at 20, d by an Freshman "6 Nat Pub Serv A s H Pub S B B ' Y Nk PIonew A Nick Pln ol wi - Corn B T Pyrene M Rand ¢ B i Rem Nois, Ren Mot 20 Mot inger P seis Bl G Sloan Rad vt S Vi South Dairies Spitdorf B Elec. St. Reg Pap Stutr 1 Swilt 1 Tamna Elnciric Thermiod Rad € Vie of H. Adle 0" Export Shhin Aeht & P A Pl sha Share Shon wav Share nfd Dairy B S Lt & HE pfd arn Quinlan Co Radio Penn I wi AUt Sun Wi Conew wi 15 Co A nowi A WIS Co nopla wi TYel Taxi € X ¥ MININ: 50 Chino Ext Mi 10 Cons Cop Mines arter Silver Ll 10 Gold_ State. 30 Hawthorne M 1 Hollinger 1 Heela Mine.. 5 Kas Copper Cor Mason V. 3 Yukon Gold GRAIN AND PROVISIONS. BALTIMORE. January 4 (Special). New potatoes, 100, 2.50a4.50. Beans. hushel, 2.00a4.50. Beets. 100, 3.00a5.00 Brussels sprouts, quart, 15a20. Cat bage. ton. 35.00a40.00. Sweet potatoes, barrel, 2.50a5.50. Yams, barrel, 2.00a 4.00. Carrots, 100, 4.00a5 Cauli- flower. crate, 2.00a2.25. Celery, crate Kale, bushel, 40a60. Lei- tuce, basket, 2.00a3.50. 4.0026.00. Onions, 100 pounds, 2.25a 3.00. Oyster plants. 100, 5a8. Spinach. bushel, 1.00a1.25. Tomatoes, per crate, 4.00a6.50. Savoy cabbage, bushel, 60a 85. Turnips, basket, 40a50. Apples, 2 bushel, 1.00a2.25. Cranberries, box, 5.50a8.50. Grapetruit. bhox, 3.00a4.00. Oranges, box, 3.50a4.50. Tangerines, per half strap, 3.00a4.00. Selling Prices at Noon. Wheat—No. 2 red Winter, spot do- ter, garlicky, 1.85. Sales—None, . Corn—Cob. new. spot. 3.70a43.75 per | harrel. as to delivery: domestic. vel. new. 90" per bushel: No. 3. 543, e No. 3. ne Rye— Nearby. ne (0. 3 ry ' | spot. no quotation: | Hay—Receipts. 37 tons. Thare is a | full <upply of all grades and kinds of * | hay. in comparison with the limited | demand. and the general Poorer qualities and clover hay to move market is of clover are sspacially per ton. today 00; No. 3 timothy, light clover. mixed. light clover, mixed. clover, mixed, 23.00 N0 1 wheat, 12.00a13.00; No. 1 oat, 13.0a13.50. PHONE EARNINGS UP. DETROIT, Mich.., January 4 (Spe- ciall.—The five hundred telephone in Michigan has just been put in operation. The Michigan Bl Telephone added 43.000 telephones .. its equipment last vear, and installa- tions are proceeding at the rate of 100 daily. | RATES ON BAR SILVER. i NEW YORK. January 4 (#).—Bar silver, 63%: Mexican dollars, Butcher Paper Out of Date. What once was known as “hutcher ! paper.” the dawk. heavy, brown paper |used to wrap up meats. is no lonwar | manufactured in any great quantity in the United States. It has been re- placed hy what i= known as “hogus | manila." The old butchar paper was ! made from straw. | SAFE 614% and 79, First Mortgage Notes For Sale GEO. W. LINKINS 1733 De Sales St. _Established 1888 “REAL ESTATE LOANS \NY 517 BT RESIDENCE LOANS AT LOW RATES '} __FRED T. NESBIT INVESTMENT BLDG. Main 9392 Prompt Actien {First Mortgage Loans 1t Rates of Interest and Commission homas J. Fisher & Company, Inc, 738 15tk Stress ] UNION_DISCOUNT 0., INC.. OF NEW YORE' U - W First Mortgage Bonds PENOMINATIONS: $100.90 to $1,000.00 ttractive Partial ent Plan N & N, INC. Peppers, crate. | STAR, WASHINGTON, 'SHARP ADVANCES - INCOTTON MARKET First Trading of New Year Starts Off With Rush. Trade News Factor. | | | Es the Amociated Press NEW YORK. uanuary 4. ¥ | trading of the new vear in the cotton \market was marked by a sharp ad- | | vance early today. Liverpool made & {relatively firm showing, which natural- | Iy ing on the optimis- | al business prospects. | of the early features was the| buying of coming crop months by | trade or Investment interests. The opening was firm at an advance of 17 to 24 points. The higher prices brought in hedge selling and realizing, ibut offerings were rapidly ahsorbed D. ., MONDAY. JANUARY 4. 1926. Money to Loan Prevailing interest and commis Joseph I. FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President in Our 6'2% 0dd Lots Carried on Margin Buck & Company BROKFRS— Esiablished 191% 312 Evens Building 1420 N. Y. Ave. NW. Tel. Franklin 7300 Direct Private Wires te New Yerk NOTES ¥ou_should more keen a tip because we guarant ment to you of interest on and principal when notes mature. Write, See or Phone Clarence L. 0'Donnell, Mortgage Department 14th & K M. | and active’ months sold 27 to 34 points net higher by the end of the first hour, March advancing to 20.03 and July to 1 The first sales of December delivery | reported this morning were at 1850, | {or about 2 points above the price of | October. . New Orleans Quotations. ‘ NEW ORLEANS, January 4.—The | cotton market opened with a firm tone after the triple~holidays. Liver- | Pool cables were better thun due and first trades here showed gains of 19 || to 28 polnts. Prices eased off siightly | | after the call to 19.92 for January | and 19.40 for March, or § to 10 points down from the opening, but soon ral- | | | lied again on evidences of trade huy ing. January advancin | March to 1851 and May H to 20 polnts above (he previ ! lose. No other reason was assigned 1 start except the hetter unfavorable weather in th oon Cotton Valu NEW ORLEAN nuary 4 ton futures, noon bids, steady uary. 20.00: March, 19.30. May July. 18.74: October NEW YORK. January 4 futures, 11:45 am. bids, steady {uary, 20.10: March, 19.95: May {auly., 1908 October, 1842 Cot Jan- | 19.10 When You Need a Loan JANUARY INVESTORS should reflect upon thi A RECENT CAREFUL STUDY of the choice Industrial and Commercial Bonds on the N. Y. Stock Ixchange REVEALS THE FACT that the average vield from these bonds and notes is less than the interest being paid on our FIRST MORTGAGE NOTES. This statement may explain why great in- surance companies always invest such large amounts of their assets in first mortgages upon real estate. TAKE NO CHANCES of depreciated” values or the “passing” of dividends, but invest your money in FIRST MORTGAGES on improved property in the National Capital. They are absolutely safe and the interest today is 62% i for our literature—no charge and no obligation. MORTGAGE INVESTMENT DEPARTMENT HANNON & LUCHY] 713. 715 and 717 14th Street N. Main 2345 INVESTMENTS WITH CARE 4s YOUR Secured by first desd of trust on real estate. %0 Wash. 1., & Fros T Bidz.. oth £'F N.W. THE NEW YEAR Right !)y Investing FIRST MORTGAGE apreciate the day due vay- Mgr. L 9080 Think of WELCH, Loan Specialist Money to Loan At 5Y, % and 69, Intereat Before Placing or Renewing Yonr Tat or 2nd Trust Consult WELCH, Realtor Loan Specialist Quick Replies Reasonahle Charges 13th & New York: Ave. Main 43464343 We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan ‘ and Trust Company | 900 F Street ! 620 17th Street mestic, no quotation; No. 2 red Win- A Business Prop- erty you are selling may not be ripe for sale. —our cxperts wsll advise the sary alteratsons neces- Sanitation and Security EVER from mosquito-infested marshes thinned the ranks of the Panama Canal | workers, played havoc with their health and thousandth | almost halted the construction. Only when | Colonel William C. Gorgas had completed | his femarkable work of sanitation was the l Canal Zone safe for human activity. | Just as Gorgas made the Canal Zone safe ments safe. | N for the lives of its workers, so has Swartzell, Rheem and Hensey Company made invest- For this house has proved its integrity by selling for fifty-six years only First Mortgage Notes of the soundest char- acter. i rate of 61 mu%a% Hensey Go., 727~15, Street. NW Washinfson.DC. The Notes now bear interest at the I o per annum. ! | i . 1 FINANCIAL. Over a Quarter of a Century's Experience a definite profit from your rental property, through ex- perienced supervision, is the advantage our management gives you. We welcome the opportunity to give you the benefit of our more than a quarter of a century’s expe- rience. B. F. SAUL CO. Main 2100 925 15th St. N'W. The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real Estate in the District of Columba and Nearby Maryland Suburbs for 3, 5 or 10 Year Periods. 5% ON APPROVED SECURITY Apply DALL H. HAGNER & CGOMPANY MORTGAGE LOAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Houses Business Propertics Apartments Office Buildings OLDEST National Bank in the District of Columbia —of service to the community, better equipped than ever to extend the bank- ing facilities de- manded by modern business. COMPLETELY EQUIPPED TRUST DEPT. SPECIAL DEPT. FOR LADIES. SAFE DEPOSIT BOXES. e gaon (TR R TR Your Account Is Invited National “&ff Metropolitan Bank Organized in 1814 15th St. Opposite U. S. Treasury COMPOUND INTEREST PAID ON SAVINGS Equitable Co-operative Building Ass’n 5;."313‘436 Surplus Subscriptions for the 90th Issue of Stock Being Received SYSTEMATIC SAVING OMPILET The surest and Join the Equitable o @ quickest way to ac- and save with the cumulate money is “Army” of regular ) saving systemat- depositors. ically. Join today. 915 F St. 915 F St. CONFIDENCE IN SMITH BONDS Is WoORLD-WIDE Select these time-tested investments for your 53 YEARS of Proven Safety THE F. H. Smith Company, founded in Janu- ary 1873, has completed 53 years of con- tinuous service in the field of first mortgage in- vestments without loss to any investor. Smith Bonds are owned now by investors in every State in the United States and in 30 countries and terri- tories abroad. This world-wide confidence in Smith Bonds is the result of 53 years of proven safety—>53 years in which every cent of principal and interest has been paid promptly on the date due; 53 years of freedom from worry, delay or loss to any investor. For your January funds, Smith Bonds give you this proven safety of 53 years with the liberalinterest rate of 7%. $1,000,$500 /~ now and $100 denominations; maturities [ 20N from two to ten years. Our new book- 7 lets will be mailed upon receipt of your 0, name and address on the form below. Tue F. H.SMrTH Co. Founded 1873 Smith Building, 815 Fifteenth St. (Main 6464) NEW YORK—PHILADELPHIA—PITTSBURGH—MINNEAPOLIS NO LOSS TO ANY INVESTOR IN 53 YEARS 1-30 ... Address....