Evening Star Newspaper, January 14, 1926, Page 29

FINANCIAL., THE EVENING STAR, WASHINGTON, D. €, THURSDAY, JANUARY 14, 1926. FINANCIAL. & 29 PRCES UNGHANEED AT CENTER MARKET Butter, Beef Hold Steady—Vege- table Review. SCHULTE STORES PLAN n dividends rred ste did not intica he dividend Be || Sy stem Mow Half Ce ntury Old; Outlook ted “with noth- and social prog- iod, he said, the swih of the contributed the general pr ements of the cater achieve- . and we expect . our semi centennial year, be a vear of continued prog- in the development and use of the telephone™ Eggs, Poultry and Center Marke 1 vesterday, ADDITIONAL STOCK he directors, who took dividend. ident of the cor- ch 1 would be in cash or common Ln“ht Columbia ... Real Estaté. BY WILLIAM HE] EW YORK, J: of stocks on the v showed plainly ti lement was becc divided ong ined the tions, while | were pushed NEW YOR ing is an offic | stockstraded Curb Market today Waéhinq:on Stqck Exchanée Money—Call loans, PUBLIC U7 American Tel. & T n Park Ele Rwy. Rwy Mon Tr Wash. Loan & Trus SAV Commerce & Savin, Washinkton. .. . 4 & m%FLLA\FoL C. Paper ptd, Storage NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office s workin ressively in others. Public utilities tion on the instance: mounced. 1 Ohio ced membe espite ll:l]v!‘n\‘r(‘w!.' negotiations were impending merger involving it. United Gas lm(m.un nt went forward at one COTTON SELLS OFF hisn prices. consont- | Census Reports Larger Mill involving both comp ent. - Lebigh emn| CoOnsumption in December 5 and Power & Than Trade Expected. ong specialties was a in the new Foundation when it opened at .000 shares. Strength By the Assoclated Press on new NEW YORK, January 14.—Cotton cts recently 1 1d the a thiboresdoienth s Maeon. A of new contracts now in process of |y 1 e & O ober, 18 sl December, 18.04. I y firm Liv- erpool cables, a higher market for Egyptian cotton and larger census fig ures on home mill consumption for December than expected were re flected by opening advances of 4 to 5 | points in the cotton market today. | May cold up to 19.53 and October 23 in rly trading, or 5 to 10 net higher, but these prices | to bring in some Southern | hedging, as well lizing about half the improvement w: fore the end of the first hour. ate cable advices said the ad vance in Liverpool was due partly to the decision of the Egyptian gov- | ernment to purchase 500.000 cantars of Egyptlan cotton in order to sup port prices. vptlan futures in Liverpool were 57 to 62 points hic . The census report showed domest mill consumption for December, against 5 ber and 9 for December year. New Orleans Quotations. NEW ORLEAY ¢ 14 U Cotton futures of 19.91; March, 19.4 61 bid; October, market had a good opening due to the | larger consumption of lint cotton dur-| ing December tha i and f vorable Liv Janua showed gains of § to 11 points prices improved an add [ the call, with N May at 19.03 and July eased off 5 to 8 points at the en | the first half hour or tzind whi helped by the 1 mill stocks ‘n by the census report Cotton Values at Noon. NEW YORK y 11 Cotton | v am., blds steady. | STANDARD OIL 5 and 6 per cent. Bid and Asked Prices. PUBLIC 19.44; July, 18.86; | Cotton January n July, 18.54; October, FOEEIGN EXCHANGE. shed by W s & Co | (Quotations furni: | Lona, 10 00 a0 o 400 | Meretir Bank Vv Heyden Chem . people 3 & E “& Tmp "¢ 30 Un LR By 7 1 1 130 1UR Ky & Rl 7 1306 e EREDIN 3 3 1 1814 o e . 1 15 b against 4713 481, 81y P81, 803 80% MINING STOCKS. Globe T a5 2 Ohio Cop l{_;’nrm Por. M "Lid. nden Cop ... 6 Yuk Alas Tt '¢fs HESTER'S COTTON REPORT. NEW ORLEANS, January 14 (P). —Secretary H. G. Hester's statement of weights of 7,545,655 bales of cotton handled at outports and across the Mississippi, Ohio and Potomac Rivers overland to American manufacturers outside of the cotton belt during the months of August to December. ln- clusive, showed an average per of 51817-100, against 519“-100 t-‘ the same period last year, | ard, newly elected | f the American | s a big ranch in | vaccine Young Woman, 30, Elected Director In Banking Firm By the Associated Press NEW YORK, Jant ry 14.—More than 10 years ago, when Miss Pearl Kramer had finished her public school education. her mind was definitely s upon a e »r in busi- v than the pursuit of her tucation. She reached yond her when she in the Winburn & Co., Inc., of of firms in e the United detuils of which were Hof made ipubll; Miss Kramer s old, women to bout mgest an WHITE SEWING MACHINE W YORK fore { havi ISSUE IS OV ERSUBSCR;BED‘ J.G. BRILL COMPANY INLATEST MERGER Joins American Car Concern in Deal Involving About $150,002,000. By the Associated Press. PHILADELPHIA, January 14— The J. G. Brill Co, for years a lead- ing industrial organization here, and one of the largest concerns in the construction of street railway equip- | ment, will be merged with the Amer- ican Car & Foundry Co. of New Jer- | sey, it was announced here by Samuel | M. Curwen, president of the Brill com | pany. The merger invol companies total ussets of $150,000,000 and outstanding stock ssues of hearly 100,000. The new corporation to formed will be known as the Briil or some similar designa- erve the company name. al made to stock- I company, a new ern will be organized in Dela to take over a mafority of the tstanding stocks of the Brill com v and the A ican Car and Foun- Motors Co., a Delaware corpora- month. 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