Evening Star Newspaper, January 20, 1926, Page 25

PINANCIAL, PRIGES CONFUSED INCOTTON MARKET Near Months Lower—Boll | I Weevil Scare Helps New & Crop Quotations. | Br tha Agsoriated Press NEW YORK, January °0 futures opened barely steady. Maveh.| N Mav, 18.66; Iniyv. 1898 October, | December, 17.90. The cotton i market opened at decline of 11 points 1o an advance of 2 poins. near | months heing to dis- | appointing Liv and a newal of ne: ing or lig uldation. 1 were in fluenced by the f Arr culture’s report that weevil were in hibernation this v than at any previous time since 1915 The opening decline quick rallies of peints on g and forelsa buyins. but the near-month liquidation continued, and, Cotton moare was followed severn! the market to 18 the frst| \ to § points, | to the| aue and a| 1 months Coitan Values at MILLS MORE ACTIVE. Census Report Shows Best Conditions Since April. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. NEW YORK, January 20.—Profes- sional operators on the Curb Ex- change today did not maintain the ad- vantage they had in the iast hour | Tuesday and stocks were better sup- jported “on the declines. Chief atten- tion. however, was given over 1o a number of specialties, but they fluc- tuated erratically. Humble Oil jumped ther 3 points in further recogni- tion of what fix said to be valuable discoveries on the company's newly acquired property in Duval County, Tex. But in the afternoon most of the improvemenmt was lost. Union Car bide. in which over 10.000 shares were dealt Tuesday, continued active but at slightly lower prices. It is expect- ed that the stock will soon make its appearance on the big board, and higher dlvidends are talked of. United Gas and Improvement, which had been prominent among public utilities on merger possibilities, moved with a good deal of irregularity and wasg lower most of the time. Kresge new stock went to a new low on the move, where it was down more than 3 points, and the speculation on the buying side of Flectric Refrigerator shares seemed to have spent itself, for the time being at least. NEW YORK. January 20.—Follow- 20 Durant Mot ing is an official list of bonds and Co siocks traded in on the New York Curb Market today: ) Fr 2T e R2IBIDIRAL FE 5 WEdS S TR g2 > wSurans PR L s o S S B TS 32 FEISE PP Siaoum Rt IR e P R eate Rt Sales in thousande. " ) ) 25 & B 2DR Anaconda 8s 10 Aar0 G FECLL SEEE o @ waB50s Co i Freshman Chas 37 General Rak T 100130 M @D PR 5 Rayon Inter Gont. Rob Inte Con Del'n wi Inter Tait B nes Radio .- {elvinator 0 Rnxvlv\llnr Int n. oy o P M 81 & Ohio Pow s 18 Pan Am Pet 6, o PrOTRE TR SN I 0538 530812008 B B Doy o B2 ey o 15545 B =Gt ebater Mill 6154 10015 FOREIGN RONDE v B A FETLOSLG Fes December | an average | compared | CHICAGO LIVE C'I'OCK MARKET' CHICAGH 0 an Srates fol RATES nN BAR §ILVEB NEW Vo LIVE POULTRY STEADY CHICAGO, o Poultr three care turkay goese fanuary 20 receipts Spring ek The fact that printed in fancy green serallwork no proof that it is worth any than ordinarr wall paper. Thou of people in Washington would have saved their money if thev simply had asked their banker to tell them what he knew of some supposedly wonder- ful investment. Prompt Action First Mortgage Loans Lowes! Rates of Intersst and Commission sher & Company, Inc % 15tk llr-l First Mortgage Notes Secured on D. C. | Improved Real Estote ’ instance these based on our usual valuations, and money In loans are conservative we have invested our in them \ Moore & Hili, Inc. 730 )70h Street NW, every ra L ' el PR ' R PRy o7 S & or S dd s SLa n-d i ® H i A < H 1 ] 33 53 7 & T H 36 2 3 3 o 0 ] 2 £ 1 & 1 ‘ 8 o $ " A I 1 3 o MINING STOCKS. 10 Ariz Globe C... .13 5Galaveras Cop . 374 2 Cons Cap Mines 3 Cresson Gold 2 10 E1 Paso Con Min .01 260 Eureka Crossus. .07 80 First Thour g 13 Golden Cenlter, 3 ] 0 Hawihorne M F INDUSTRIALS FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President For Immediate Delivery sidnnt rrquests the Wine pates. wafel daed of trust on D, $3,000 at 77; $2,000 at 615, $1,500 at 64, denarinatior Marteage Loan Department GARDINER & DENT, INC. 1409 L Street N.W. MAIN 1884 s 3 Dunht Tntt Mercantile Properties, Inc. Secured Sinking Fund 515% Gold Bonds (With Stock Purchase Warrants) THE FEVENING STAR. WASHINGTON. STEEL MILLS AWAIT ! LARGE AUTO ORDERS NEW YORK. January 20 (®).—"In terest In the steel trade is centering in the amount of automobile steel to be closed this month, and at what prices.” ITron Age says. Kfforts of large builders of cars to buy body sheets at $2 to $3 below today's mar- ket are met by the claims of sheet producers that the large automobile program for 1926 will take up all the output of full finished sheets. “In all finished lines the call for steel booked before January 1 s on a scale that keeps mill operations slightly above the December average.” . 2 FAVOR STOCK INCREASE. NEW YORK, January 20 (®).— Stockholders of the Raflway Steél Spring Company today approved an increase in the number of common shares from 135.000 of $100 par value to 405,000 of $50 par value. an ex change of two shares of new com mon for each share of the old and the pavment of a 50 per eent stock dividend on the new shares. An in crease in the voting power of the pre- ferred stock, equalizing it with the Dew common, also was authorized. DAIRY PRODUCTS. BALTIMORE, January 20 (Special). —Spring chickens, pound. 22a30: Leg 28: Winter chickens, 35: old Leghorne. 20a22: roosters, ons, 35240; duck: young turkeys. 40a. 3% poor and cronked hreasis pigeons. palr, 25a30. guinea each, 35 Dressed poulir: k young, 40a45; ol4, 38a40; 2%a30. old, Y5a%0: fowls. cnick ens. voung, and nearby tresh, dozen, offered 31lsa 38 candled, 38a40. Butter — Good to fanc pound, 42a45; prints, 45a47; 36; store packed. 30: dairy prints, 30a 35, process butter, 39a40; rolls, 30a35 BUTTER UNCHANGED. CHICAGO, January 20 () —Butter Unchanged; receipts. 4.514 tubs. Eggs —Lower. receipts, 8,014 cases; firsts 4 " creamery, ladles, 34a . REFORT Of_the CONTINENTAL TRUAT COMPANY OF THE DISTRI(T OF (OLIUMB| To the Comptroller of the (ur: "T18. At of Coneress s 18007 Tor the vrar ended 1000 00 1 Capital rtock an bial 000.00 Capital atork 15077931 Total a'nmm' pomty a 2 a5 33 WADE H CQOPE n rendent Charles W. Warden, 1. ( Bates Warren Frank T Hines Thaser. and THAYER, directors of the Continental Triust Compans. dn snlemniv swaar that the above statemsnt is irue to the best of our knomledge and helief. ADE H. COOPER | | [Pzt ot conumiia | A 10 anA sihscrined hefors me this nx- _dar of Yanuary B ANSUAL REFORT the DISTRICT AGENCY COMPANY. Wa. the Premdent and a v ot the Board of Trustees nf the DISTRICT AGEN- CY COMPANY of the Distnct of Columbia | In hereby cortify that the authorized cap!’ tal stock ot said ary 1x $1.00000 of Wnih’€1.000°30 has heen paid in and that the asests of said company As at Decomber G1. 1025, were $4A.643.66 DLabilities, $28 B0 787 capital “stock and surplue.’ $20. 13¢ ORION L. KENKEY. CLEAER S _BRASHEARS. WX mn RERG T8 S R (URRY D . ‘DAVIE. Trustess | 1 ORION I KENNEY. Presdent of District. Atency Comnans 4. he That fhe Tacts starad in Ty are frue 1o the hest of my knowisdge and PATN QRION 1. RENNEY. P 192, TAD1d0% HIcKS Narare FRORT oF T atock of |)l- said Mmflrnlmn 13 $500.000,00. $500.000.00 of which nas besn actually paid in, and INIK there are no existing debts. A. ASPINW. LLP d g W Tegnay s CLARENCE F. \flnfl\(l\’l‘ A ) Rn-nmm secretary of lh» Se. 4 and lie "t and thie 181k | Columbia | 18726 Money to Loan firat dead of trust on real satate | Tailine ntarast and. commission. | sh. L. & T ‘Jonephl Weller lm. i Secured b WE PAY MORE INTEREST ON SAVINGS ACCOUNTS ‘Than Any Other National Bank | in Washington Interest on DAILY Balances Come in and let us explain . 9 Commercial Nat'l Bank 14th and G Streets Resources $17,000,000 PRESIDENT | [ First Mortgage Notes For Sale In Denaminations af $100, $250, $500, $1, 000 AND VP 637 Interest Secared on D. C. Real Estate Wm. H. Saunders Co., Inc. Established 1887 1433 K Street N.W. Due January 1, 1846 F. W. Waoolworth Co. Lessee of the real estate to he owned hy this Company. is Sscured by minimum net rent oW als, pavable hy Wanl worth Cn., sufficient 1o pav in rest charges on total debi and 1o redeem at least 367, of th fxene by maturity. which is prior 1o expiration orter lease Price 941 and interest to Yield about 6% Descriptive circular A-618 sent upon request. E.H. Rollms &Sons 416 Wnodv.yd Rld' - e Vork Danvar 400 Commercial REAL ESTATE NOTES First and Second Trusts Purchased on MPROVED REAL ESTATE In District of Columbia Nearby Maryland and Virginia International Finance Corp. Nat’l Bank Bldg. n. ~y5e035¢ |} C.. WEDNESDAY. JANUARY 20. 1926, FINANCIAL. S R S SIS TITTINTORRRNEN 1st Trust Loans < S Dol REAL ESTATE LOANS 5*% ANY AMOUNT ARTMENT HOUSES AEANESE PROFERLY RESIDENCE LOANS AT LOW RATES FRED T. NESBIT INVESTMENT BLDG. Main 9392 ANNENNNANNNN Y, Improved D. —Alsn Conatrnetion Loans— CALL MR MURRAY N. L. Snmlmry Co., Inc., 1R Exe St NW Main 5004 AXEFATTLREEURRCN RN ERRN 184 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%2% ON APPROVED SECURITY Apply RANDALL,H. HAGNER & CGOMPANY MORTGAGE L0OAN GORRESPONDENT 1321 Connec Telephone Main 9700 Houses Business Propertics Apartments Office Buildinzs ut Avenue Over a Ouarter of a Centwry's Experience More Tenants— attracted to Apartment House when it are vou is managed with experi enced efiiciency. For more than a quarter of a cen have snccessfully ey we supervised Capital rental properties. SAUL CO. 925 13th B. F. Main 2100 Real Estate OANS —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. YA The “Best” possi- bilities for profit are not usually listed everywhere. EN NN T/NCTINCH N/ NS NS NGl NG NG/ NN 1412'Eye St.NW. Franklin9503 e "4 Man I« Knoun By the Comtpany, He Koaps® HERE conservative securities, Govern- ment Bonds and a stead- ily growing Bank Book are found there also are found— First Mortzage Notes on Washington Real Estate, Thes pay an annual in. come on the investment of 6% INVESTMENT DEPARTMENT 713, 715 and 717 14th St. N.W: Main 2345 " Metropolitan Life Insurance Company OF NEW YORK FIRST MORTGAGE LOANS Apply. to 'WEAVER BROS. Realtors Equitable Co-operative Building Ass'n JOHN JOY Organized ENSON. Pracident FRANK P. REESIDE, Secretary 1870 £5, 16th YEAR COMPLETED £1.3 Assets Surplns 19.93 21.811.86 Subscriptions for the 90th Issue of Stock Being Received i SHARES 59250 PER MONTH Systematic Saving Spells Success Recommended by Bankers and by Dealers ORE and more are the first mortgage bonds under- written by S. W.STRAUS & Co. recommended by bankers and bond dealers to form a part of the holdings of experienced in- vestors, trustees and institutions. Their market position, their provensafety,and their attractive interest rate, make them a de- sirable purchase for all investors. Straus Bonds form a class of securities of proven merit that should be included in every well diversified investment ac- count. Call or write for BOOKLET 760-G The Straus Hallmark on a bond stampeit at once as the premier real estate security. mTARLINE :d. NVESTMINT BoNDE 929 FIFTF,P..\TH .\TRF.F,'I Telephone Main 3847 WASHINGTO? 44 Years Without Loss To Any Investor TNCORPORATED No Loss to eAny Investor in 53 Years HROUGHOUT more than half a century the men and women who have put their money into the first mortgage investments sold by this house have known but one result —perfect. safety. Behind Smith Bonds there is now a record of no loss to any investor in 53 years. Current-offerings of Smith Bonds. secured by modern, income-producing properties in Wash- ington, D.C., Philadelphia, Pa., and Pittsburgh, Pa., give you the opportunity to invest at 77, with a choice of maturities from 2 years to 10 years. ‘Smith Bonds are sold in denominations of $1,000, $500 and $100, outright or under our Investment Savings Plan. 1 Descriptive circulars will be mailad upon receipt of your name and addrass on the form below. THE F. H.SMITH Co. ~@XE¥ Founded 1873 SMITH BUILDING, Washington, D.C.---Main 6464 NEW YORK—PHILADELPHIA—PITTSBURGH—MINNEAPOLIS _——m .NO LOSS TO ANY INVESTOR IN 53 YEARS Name Address