Evening Star Newspaper, January 18, 1926, Page 23

FINA PRGES UNGRANGED AT CENTER AR Week Opens With Buying Rather Siow—TFruit and Vegetahle Review. from Satur- tlons. As usual| ding was rather age receipts, 38; sto v, 43245 Spring L 2; Leghorns, 30; ducks, geese, 30; keats, T0a80. Ives, top, 15; average heavy and medium, 131%; veal, 14; mediu loins, 30z sk shoulders. : lamb, . heavy, - 30; dressed ligh pork rn loins, 26a fresh hams, ruit and Vegetable Review. Today's market report on fruits and (compiled by the ) ket Bureau of Agricultural moderate; demand ir color. inches, up. § Pennsylvania, A fine qualit hes. Yorks, 5.00u % inches, Kings. s up Rhode Is 50; A 215 inches 1ccording to qual- tion: bushel baskets, no 3 moderate; market firn ton, Danish v stoeck, 3 hoint les rep light: demand good. firm; California, crates, all mostly 8.00. Lettuce Cheaper Today. tuce — Supplies demand Californta, Iceherg type, 00, mostly berg 1 > 2 Florida, 11 hel hamper s, 4.00 pe. , Big dozen ordinary Boston lies moderate; demand ket steady: Michigan , 100-pound sacks, Yellow New Yorl ows, U. 8. No. 1, 2 ‘upplies moderate; market und ; some fair condition, Supplies market shel ha mostly 1.40. Sweet Potatoes Lower. Sweet demand 1it demand 1toes—Supplies market Tibe n el Maryland e cloth-top stave bar- | 1, 4.7 Porto cloth-top stave 50a4.00. pplies moderate; de- market steady; crates, 2.1 | plies very light; demand | steady; Florida, 73-bushel supplies moderate, de- arket firm: Cuba, 6s . bushel pplies light; demand ash, string wherries and light; too e Before You Invest—Investigate. It's queer how careful a man can e after he's lost his money. Abe Martin says that a man who is not satisfied with 6 per cent and his money are soon parted. DAIRY PRODUCTS. BALTIMORE, rooked breasts, 30; guinea s: mative | Eggs—Recelpts, 719 cases firsts, dozen, offered 37a | | and nearby 3 ndled. to fancy | pound, 43a46; prints, 46a38 236; store packed, 30; d +33; process butter, 41a. creamel prints, 30 | Tolls, 30a35. CHICAGO LIVE STOCK MARKET CHICAGO, January {8 (United States Department of Agriculture).— tlogs—Receipts, 53,000 head; slow; un. cven; mostly 25 higher; lighter weight in best demand; packers doing little: bulk, good and choice, 160 to 180 pound weight, 12.75a13.00; long string, 140 to 150 pound selections, 13.00; tops, all weights, 13.00; majority of better 190 te pound averages, 12.35a12.60; few good and choice 240 to 300 pound butchers, 12.00a12.35; bulk packing 10.40a10.85; desirable killing 13.00a13.50; ‘heavy-weight hogs, ; medium, 12.00a12.65; light, light light, 11.65a13.00; 10.25a11.00; slaughter sows, pigs, 11.85a1 11.85a18.00; packing sows, pigs, 18.00a13.50. Cattle—Receipts, 25,000 head: better mrades welghty steers strong; spots higher than Friday; others and year- lings about steady: undertone slow; several loads weighty steers to ship: 0.50a11.00; best vearlings, early .75; stackers and feeders scarce: mostly steers suitable for killers: stock and lers steady; bulls to 10 lower: mostly 5.7526.00 on : few at 6.25; vealers, 13.50 yun 2,000 head; early sales of fat lambs, considered; few early sales fat ewes, 5.7529.00; steady; nothing done on feeding lambs; country demand show- ing some expansion. . Minlature statues in diamonds of canine pets are being worn by women | in LEngland. NCIAL PEACH GROWERS URGE REDUCTION IN RATES Carolina Farmers Appeal to I. C. C. for Charges Which Will Al- low Better Returns. By the Asscciated Press. Carolina peach growers filled to- day with the Interstate Commerce Commission a complaint against the rates and refrigeration charges which railroads are imposing upon thelr shipments to the principal consuming | markets in the United States. Through their attorney, C. R. 1l, the American Fruit Grow: ociation and the Sandhill As: sh As: ation declared that the producers in ! North charged and South Carolina were transporation rates which made it difficult for them to compete in reaching principal markets with the producers of other peach-grow- ing regions of the United States. They asked that the commission readjust the rates to such a degree as wouid be necessary to give them a just competitive status. Further the complaint asks that the growers be paid reparation for the alleged ex- cess charges they have borne during recent vears in transporation and re- frigeration rates. o PREDICTS 800,000 NEW BUILBINGS IN 1926 NEW YORK, January 18 P.— More than 800,000 new buildings will be constructed in this country during arl Schultz, manager of the o Trust Co. Bullding, predicts. schultz was a speaker at an executive meeting opening a three day session of the National Associa- n of Bullding Owners and Mana- gers. The expansion of the automobile in- dustry, Mr. Schultz said, would be re- flected in the construction this year of 10,000 public and 200,000 private garages. — STEEL PLANTS mrém:n. NEW YORK, January 18 ().—Ac- tivities of sheet mills in the Youngs- town district show improvement, S 1les indicating 117 units in peration, against 105 last week. The high figure for 1925 was 121, in De- cember. Of 53 independent open- hearth furnaces 44 are melting. The average steel ingot production con tinues at 90 per cent. GRAIN EXPORTS SLUMP. BALTIMORE, January 18 (Spe- cial).—The weekly report of exports of leading articles through the port of Baltimore last week shows a slump in grain and flour. TITLE B 4 of the Washi do_here] 1l 3 ene A Smith, A.G. Bintiop. Charies W, Stetson, Geo. H.__O'Connor, W. M. Hallam. HARRY ‘M. PACKARD _secretary of ashington Title Insurance Company, hat the facts stated i the above HARRY M. PACKARD, Subeeribed and sworn_to before me this 14th dax of January, A D_ 1924 VIERBUCHE i Januars 14. 1026, dent and & majorits the Lawyers 0 herehy certity said company i1 i doflars and _that ront expenses G. Bishop. A, Smith, W Stetson, Chas. H. Bauman, Chas. H Kindle. Clarence_ F. Donohoe, G. Emmerick span 1RaL the facts stateq in the Abova certificate are true HARRY M. PACKARD, Sibseribed and sworn to before me. this 18th day of January. A.D, 1826 (Seal) R._J VIERBUCHEN tary Public. D NS W Bu PAMEDNN ) WA The who tion 1412 Eye St.NW. Franklin9503 ¢ ¢ ¢ Investments are occasioned by rec- ommendation— z ¢ > 2 g Z DETAILS ARRANGED INPIGGLY MERGER Holding Company to Issue $1,500,000 in New Stock, President Reports. | By the Associated Prese. MEMPHIS, Tenn., January 18.— | Details of the proposed consolidation |of Piggly Wiggly Stores and Piggly Wiggly Corporation in effect by the creation of a holding or parent cor- poration were learned here through Jssuance of a letter by C. D. Smith, president of the corporation, to stock: holders, outlining plans of his con- cern. By the proposed plan the corporate entity of each company will be un changed. Holders of preferred stock in the Piggly Wiggly Corporation will receive § per cent preferred stock in the holding corporation on a share. for.share basis, Holders of common stock of the corporation will recelve two shares of common stock in the holding concern for each share they now hold, ‘The 50,000 shares of out- standing common stock in the cor- poration will account for 100,000 shares of common in the parent bod Holders of “A" stock in Plggly Wig: gly Stores will receive share-for-share of stock in the new corporation. There are 200,000 shares of Piggly Wiggiy “A" ‘stock. The stores have no pre- ferred stock. An additional issue of $1.500,000 of preferred in the holding company will be offered to holders of common stock in that company, giving each holder of 20 shares of common the Tight to purchase one share of preferred at its {rectors of the District do. hereby certify kald company 18 o ollars (160.- | ‘"f the board of d Tisurance. Company | the Canital ‘stock of | bundred and fift 000:00) ami is | &re no debis of said ¢ | & Chas. G | Ex A. Smith, Joseph 1 | Alfred H H. L. R Allen, Weller, Lawson ot Jr., First Mortgage Notes Secured on D. C. Improved Real Estate ’ In every instance these loans are based on our usual conservative valuations, and we have invested our money in them. Moore & Hill, Inc. 730 17th Street N.W. | | FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 | 1315 F Street i JOHN POOLE, President N N ANTINCEINCT AN NG ST NS N N NN NI NI siness Property judgment of an expert studies every proposs- is oFered our clients. s § ¢ = $ > < € 2. Real Estate LOANS —to build homes! —to build apartments! —to build business properties! —on homes already built! Terms arranged to conveniently meet the requirements of the borrower. B. F. SAUL CO. Main 2100 925 15th St. N.W. Al i VASHINGTON, D. C, with one share of common. Bankers have agreed to underwrite this new issue. M. to Loan Secured by firat deed of trust on real estate. evalling interest and commission. Joseph I. Weller 420 W ah. Blde.. Oth Treasury First Mortgage Notes Etc. For Sale In Denominations of $100, 5250, $500, 51,000 637 Interest Becured on D. C. Real Estate Wm. H. Saunders Co., Inc. Established 1887 1433 K Street N.W. Bulkheads and GIANT STEAMER—plunging through wintry through summer foundering by systems of heads. —and a signal from the damaged compartment, saving the vessel and the lives of her passengers. Wiseheads are ‘those who seek ultimate protection in investment, son the First Mortgages issued ensey Company are in constant demand by those who know. For this company has devoted its 56 years to making its investments safe, and the present high return of 6159 makes them doubly Swartzell, Rheem & attractive. 727~15.5treet.NW_ Washingon DC. MON We Buy and Sell Liberty Bonds Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street fog—is A crash—a hole—an inrush of water 9 DAY, JA FINANCIAL. 23 gl d L e '.'Jl" & 6. Prompt Action | I {First Mortgage Loans | REAL ESTATE LOANS Lowest Rates of Interest and Commission | 5 1 Thomas J. Fisher & Company, Inc. 2/c ||| resmENcE Lo, LOW RATES 738 15th Stresd FRED T. NESBIT INVESTMENT BLDG. Main 9392 pEgE T fiontinental Trust Company Capital One Million Dollars 14th & H Streets L.——" i L % T NATIONAL BANK IN DISTRICT OF COLUMBIA Where Economy of Time Figures —and that's the case with most men of affairs, the're's definite advantage in being a “Metropoli- tan” customer. Here are centralized facilities for every phase of your banking, trust, safe deposit and related business. Are we serving YOU? 3% Interest Paid on Savings National Metropolitan 15th St., Opposite U.S. Treasury Notes Stocks Bonds 0dd Lots Carried on Margin Buck & Company ORERS— Established 191e 312 Evens Building 1420 N. Y. Ave. N.W. Tel. Franklin 7300 Direct Private Wires te New York OLDES! Over a Quarter of a Century's Experience Wiseheads local property and rent conditions means that our rental and management safeguards vour profits. Our than a quarter of a cen- tury's experience your service. B. F. SAUL CO. Main 2100 N. sea or creeping secured against S water-tight bulk- maintenance bridge closes the more is at and for that rea- through \ 925 15th St. N Equitable Co-operative Building Ass'n JOHN JOY EDSON, President FRANK P. REESIDE, Secretary Organized 1879 46th YEAR COMPLETED $5,031,814.86 Surplus 1,352, Subscriptions for the 90th Issue of Stock Being Received Assets A Sure Way to Get Ahead plan SHARES $9.50 PER The Equitable’s systematic sa has helped thousands to get ht road to financial independ It that promotes persistent sav- helping vou accumulate money ead. ing—thu and get Join today and learn of this wonder- Al saving plan. 915 F Street New Issue—§ :Secured b the SECURITY--A first mortgage on the land, building and equipment of the Fifth Avenue Apartment Building, Pittsburgh, Pa.; also in effect a first lien on the earnings of the property. Monthly paymentsinto a sinking fund reduce the mortgage to $840,000 be- fore the final maturity. The property is appraised at $2,250,000. LOCATION--The site covers approx- imately 32,000 square feet on the south side of Fifth Avenue, between Craig and Neville Streets, running through to Henry Street. This is in the attractive Schenley district, near Schenley Park. In the immediate neighborhood on Fifth Avenue are such fine buildings as the Masonic Temple, Soldiers el b e ey 4, FIRST MORTGAGE BONDS Fifth Avenue Apartment Building PITTSBURGH, PA. THE F. H. SMITH Co. Founded 1873 Smith Building, Washington, D. C.—Main 6464 NEW YORK—PHILADELPHIA—PITTSBURGH—MINNEAPOLIS _— NO LOSS TGO ANY INVESTOR IN 53 YEARS w.fldhn.imo::ldl-qi—indlbfilwn; -ndlh-i.:'—'-d‘iaC-:- 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. HAGNER & COMPANY MORTGAGE LoaNy GORRESPONDENT Telephone Main 9700 1,400,000 Bonds Dated December 1, 1925 5 - .> $1,000, $500, $100 Denominations »> Maturities 2Years to 10 Years Houses Business Properties Apartments Office Buildings 1321 Connecticut Avenue Mr. Salary Earner! “A Penny Saved Is a Penny Earned” —and that penny can earn you more pennies. Memorial, Pittsburgh Athletic Association, Carnegie Institute, University of Pittsburgh and St. Paul’s Cathedral. EA'RNINGS--Gross annual earnings are estimated at $405,250; net annual earnings at considerably more than interest and sinking fund charges combined. SAFEGUARDS--These bonds are pro- tected by all of the safeguards that have resulted in our record of 70 loss to any in- vestor in 53 years. PRICE--Bonds offered, as and when issued, at par and accrued interest, to yield 7% in all maturities. For descriptive circular, send your name and address on the form below. Our Mortgage Investment Depart- ment can show you how systematic monthly saving of a few dollars can in a few months make you the proud pos- sessor of a First Mortgage Note that will pay you annually. 6% Our First Mortgage Notes on Washington Real Estate Are “Sound” INVESTMENT DEPARTMENT 713-15-17 14th St. ilod hat et