Evening Star Newspaper, January 26, 1926, Page 25

FINANCIAL. EGG PRICES TAKE SLIGHT ADVANCE Weather and Receipts Are Cause—Strawberries Bit Cheaper Today. Figg prices took a slight jump this|attr: | When reports of the merger of this morning, the increase probably re ing from colder weather and dec; receipts. Conditions made the ma tauch firmer. Dealws believe Will take a drop befure long, cer before the beginning of the Lenten season. Hennery oges cents this morning, cents since the close tuarket, while average were quoted at 45 an increase of § of last week’s s went to 39 and 40 and storage to 27 and 80. | but dealer - prod A firmer condition of the ket also was reported, due, tated, to scarcity of the wt. Dealers expect lower p dedinyEcy n Today’s Wholesale Prices. 1-pound prints ;" store-packed. 3 ola Spring c Leghorns, heavy « 14, Sea ’3: dress dium, 1 Western loins, 20a22; fresh hams, Fruit and \r(«tahlt‘ Review. Today's market report on fruits and vegetables mpiled by v reau of Agricu Apples - mund_me £.00 «,\. . 0.50; Virginia, A, imes. slightly l’enns\h ania, A, Romes. some inches, 14 inches scalded, 4.50; inches, Black 6.25a6.50; boxes, extra fancy Hetous, 3.25; bushel basket reported. z s moderate; market steady 113-bushel hamn 5: old stock Danish type, 60. de- ate, Ylorid tvpe, bulk, per ton, mom( rointed York, 0. Celery—Supplies 3 . ma moderate, ma 150-pound sac No. 1, mostly 1 pound’ sacks Irish 1, mostly 7. Spinach- oderate, mark kets Savoy Strawberries Cheaper. Tomatoes—Suppies limited; light, market steady: ripes, wrapped, repacked, fanc: 6.5007.00; Mexico, truck receipts, boxes, ripes, wrapped, small lot: Carvots—Supplles " light demand light, market bushel ainly | the Market | demand i Cuba, sixes, | THE EVENING STAR, WASHINGTON, D. C, NEW YORK CURB MARKET I BY WILLIAM ¥. HEFFERNAN. _ NEW YORK, January ctivity in the curb trading today was less pronounced. The market was sympa- thetically affected by the movements of stock on the big bourd, which ap- peared to be awaiting the outcome of the Steel Corporation meeting after the close of busir But the list was by no means with- out feature, and a number of in portant moves took place. The re- | newed upturn in Northern Ohio Power attracted considerable attention. 5. —. { company with other prominent public utility units were heard_for the first jtime & month or more ago, they were NEW YORK, Junuary 26.—Follow- !ing is an official list of bonds and ! stocks traded in on the New York | Curb Market today: | Sales in | thousan Al T Allied Pk Ne. 1 Alur 1 Fruit os.. Beavernd Ss 11 Bell T Can 3 1 Rost "“& S oston & Me s, 111 Bt Gene »\3, 7t 7 Can Na 17 G P o1 6155 17 r T&RB3s § Trunk 6355 10 il s 1088 10054 finn SP&SS M 5a 9815 & Co 71531047 50as B 1001 S P M B C1248 Sias. . Rub 61, Rub 6158 - cuum 01 7 Iworth M 6is A ite Se Ma 62 wi 101% 101 ‘A T 1008 61 0 of Can nw c 1034 104 DEPENDENT OIL STOCK: Cardinal Pet 0 Carib Synd llmzw. erate, mark baskets, fa Stre dex Florida, pon: ver quart; 40 cen Peppers, eg ing squash, cucumbers—Supplies ight. No sales reported beans, very GRAIN AND PEDVISIONS BALTIMORE, January 26 (Special). —White potatoes, 100 pounds, 2.00a 4.50; beans, bushel, 6.00a7.00; brussels sprouts, quart, 10a20; beets, bushel, 2.50a2.75; cabbage, ton, sweet potatoes barrel, - yams, barrel, 2.003.25; 1.00a8.00; caulifiower, 2.00; celery, crate, rs, crate, 6.00210.00; kal 50; lettuce, basket, 199 pounds, 6.008.00; tomatoes, bushel, bushel, 60 Apples, 75a2.00; " grapelru oranges, b box, ~2.25a3.00; 75a90. Selling Prices at Noui \Wheat—No, 2 red mestle, 1.93; iicky, 1.90 Sales—None. Corn—Cob, new. spot, sarrel, as to delivery; ow, vorts, No. Sales— Oats- Ry . spot, Hay—Itece no oversupply on the hetter grades of timothy, clover mixed and strictly No. 1 clover hay, for which grades there is a demand at full quotations. Low.g hay of all kinds ix a2mple nd slow | rale at any price. Quotations, per ton, tod timothy, 24.50a25.00; No. 3 timotay, .00223.00; No. 1 light clover mixed. '50a24.00; No. 2 light ciover mixed, [00a22.00; No. 1 wheat, 12.00213.00 No. 1 oat, 13.00213.50. cucum- hushel, 40a barrel, no quotations. s ry is cet of the 3z No. POTATO MARKET LOWER. . CHICAGO, January 26 (#).—Pota- to market weaker, especially on Tdahos; receipt total United States shipment 96; Wisconsin sacked round wl 3.85a4.00; few Yancy, 4.10: Minnesota sacked round whites, 3.75a3.90; Idaho sacked rus sets best, 4.00u%.13; partly graded 3.5023.90. RATES ON BAR SILVEB NEW YORK, January 2§ W),—l}ar sllver, 67%; Me\k‘m\ dollura, 51%. SHORT- TEBM SECURITIES (Quotations furnished by Redmond & C 3-16 100116 297 hoice light | at 109, b at 109, Unio; 1 tion—1 AFTER CALL Rwy. & EJ 56—$1.000 st T at 230, | g0 ashinston | o »p;lal eDraction 89%. $2.04 “;‘-h‘\\:zton“flau 5s—$1,000 at 100%. Lanston Monotype—&0 at 85. Foomac Electric Power pld.—5 a 109. Washinkton Gas Light-—80 at 73%. 10“"'1’10'14"" flTr:n]l(l;‘r & Storage ptd. w. {.— 8t 20 af Yotomaé Electric Fower pfd. Int. ctt—3 Potomac Electric g. & r. 75, 1941—$200 at 108. . Mone;—Call loans. 5 aud 8 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY Asked. & Telea. 4s. 5 a'& Potomac § tia_& Pot. guar. “Telephone 5s, Telephone of Vi tion R. R. Potom Foton Pot. Paver Co. 6s.. . joint Stock Land Bk Southiern Bldg 614s... ... W. M. Cold Storase 5u. . Wardman Park Hotel 0 STOCKS. PUBLIC UTILITS mer. Tel & Telga. ... | Capital _ Traction. AWieton Gas - Wash. SteAmboaL S Pow. i Flee. Pow. Int. €. N Ry, & El Wash. Rwy. & El NATIONAL BANE National Capital Columbia | Commercial | Pistrict Farmers Federal- \memm Liberty econd e Nt Baik ot Washington TRUST COMPANY. Security & Trust... 400 ‘nion Trust .. Waeh. Loan & Trius Security S Seventh Strect.. ited States, Washington Mechanics’ F!BE INSURANCE. American Corcoran . Fireme National Ui TITLE INSURANCE. Columbia Title. | Real Estate Title. MISCELLANEOUS. r pid. . Pay torace nd: Bedial Mergentha Natf, Mege. & Inv. 0ld Dutch Market Lanston Monoty Security Stor: Washiugton *Ex div. i2% % extia Received by Private Wire Direct to The Star Office quickly denied. Unofficial reports cir- culated today, however, said arrange- ments had been closed for a combina- tion involving Northern Ohlo Power. Carib Syndicate featured the oil shares, selling at new prices on reports that Standard interests had become affill- ated with the property. American Maracaibo was in_better demand. High-priced industrials, like Dixon and American Cyamid fluctu: ated violently, but this was because of the comparatively small floating Hup-' IS Short covering came into Stutz Mo- tors, carrying it up substantially at one time, but other motors failed to be influenced. 5 1 b g o o 3 Kirby Pet . Lako Pet . 31 Lago OIl & 79 Leonard Ol . 1Lion OIl . AT Mex Pani ount Prod at Fuel Gas w Bradford 0. w Mex Land.. 1 Noble Oil & Gaa r Con Tex Ol o B s aen Pret S el F FIEE EE I o Ala-Gt South 1Ala Gt South of 10 Al m Co new 110 Am Am A F I “ongress C. ) Commonw E Commonw P € Consol G Bal n 3 Consol Dairy ‘P 3 Continen Bak A. 1] N %y Dixor ' Dominion St A Duniill” tnti 100 % 8% 153, 418 & Happin 13 Huboiness € SUE. Eeyden Chem . Hood Rub s Imperial Tobac. Tnd Ray Cor A Inter Cont Rub Lehien Val Coal. Tenikh Val, GNC esabi Iron. id W Tl pid’. iller Rub new. pia—100 at | Sew Enz Co pt. 87 N Y Tel Co pid n k Pl new wi \zer Corp Tn .,a, n S e SER o) e gy s Pitin Begter L E ortland El Pow ow Corp N Y. roct & Gamble: ug S P & L... Purity Bak 4. g i Bt ) g " i =2, IR [ ruEhaaann aeo "l Shave op w. S Lt & Ht pf. erv El Corp A AEERE 80 South Daird 2 Spear & C 0 St Reris Pa tand Pub, tand Tank C € ROk Al i B B DD B A R ) T i ‘§ Thomp K 10 Timken Axle 3 Todd roandon n pi wi |.-;~‘ Wash B R Elec Wm Pow pfd &Cupt wi 70% Fosdr et &) 2 MINING STOCKS. 40 Ariz Globe C... .13 ‘alaveras Co 10 Chine Bxt, Mires 03 4 Eng Gold M Ld T reka Croesus . .0 Firet Thought M 7 Golden Center M 30 Hawthorne M I 2 Holltnger. 6 Jerome v Devel! 16 Ky Copper Cor. 281 Kere Lake .. 2 i Doms b & o e Barh bR o B R e b o - NOTQ N o5 DD, SESEREE i e FEEPE Tonopah Ext Tono_Min 3Um Verde Ext. 11 Wenden Cop .. 10 West End me. Y 19 & EPP S COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY ATLANTA, January 26.— The Georgla gasoline tax for 1925 yielded $4,403,411, which went into highway construction. Further gains are pre- dicted for 1926. BEAUMONT, Tex., January 26.—The ! Yount-Lee rediscovery in the old Spindle Top fleld here, which came in at 5,000 barrels, has increased its i flow to 6,000 barrels daily. CHICAGO, January 26.—Packing house business during the last week | was not 80 good. Unseasonably warm weather during most of the time had a weakening influence, both on beef and pork. Smoked meats, however, held up well at firm prices, | March, COTTON SELLS OFF IN MARKET TODAY Near-Month Selling and Poor Cables Factors in Lower Values. By the Associated Press. NEW YORK, January 26.—Cotton futures opened barely stead arch, 20.13; May, 19.56; July, 18.96; October, 18.14; December, 17.95. The market worked lower in today's early trading owing to a renewal of near-month liguidation with some Southern or local selling inspired by r Liverpool cables The opening was at a decline of § to 14 points, and activemonths show- ed net losses of 9 to 13 points by the end of the first hour. March selling off to 20.09, and October 18.1 Houses with Liverpool connections | were moderate buyers here, easy to the easier ruling of the near mont had rather an unsettling effect on sen- | timent Private cables reported hedging and continental selling in Liverpool, with | a fair spot demand from spinners und |1, (he | Mary | ect. | formed for exporters and a c quiry from India. siderable cloth New Orleans Quotations. W ORLEA Januar. Coiton futures opened steady: March, May, 19.04; July, 18.57; October, i December, 17.68 usked. The arket opened easer largely because cubles were lower than due. First trades showed losses of 2 to & points and the market continued to case off after the call until March traded at 19.60, May at 1897 and Octol 1761, or 7 to 11 points under yester- dav's close. The eusier feeling was due to lack of buying support, and a renewal of short-time talk in Lan- caster probably also helped the de- cline. Cotton Values at Noon. NEW YORK, January 26.—Cotton futures, 11:45 m.—Bids .10; May, 18.54; Ju 18.13; December, NEW ORLEA) Cotton ftures—N March, 19.5 October, Amier. Tel. & Te Anacinda Conpe. Asmociated O Balt_ & Ohio ds 102 Bethiehem Steel’ 54 1433 Chi.. Chi City’ of me.‘u. 1 10t"50 R R 7a 1030 “eron B c) e 163 & Co. 6a 1032 Pac R. Rubber 714 Weatern Union’ ¢ Westinghonse E. &' r at | ively ! TUESDAY, JAN PETITION IS FILED IN POWER PROJECT‘ Maryland Commission Asked for|s Imnortant Approvals in Neces- sary Financing. P Special Dispatch to The Star. BALTIMORE, January 26.—Appli cation for the Maryland Public Commission's ateps in the program for financing the Conowingo power project is asked in a petition filed yesterday by the Sus quehanna Power Co. and the Philadel- phia Electric Power ¢ The petition first asks the commis. sfon’s approval for the proposed exe cution of a mortgage with the Phil- delphia Trust Co., to be secured by th Issue of $35,000.000 worth of the Phila delphia Electric Power Co.'s bonds. The bonds will bear 5l per cent in terst and will be payable in 197, fssue will be guaranteed by quehanna Co. Permission asked to sell the entlre issue to Drexel & Co. of Philladelphts The commission is also asked to ap- prove the transfer to the Philadelphi: company of 124,500 shares of cluss A coupled | stock, with a little trade buying and cover- | quehanna company ing, but the support was limited und |15 to be transferred immediately . Dy X | Petition suid, to the Philadelphia ¢ common stock of the Susquehanna company, and to approve the issue of | 135,000 shares of class B common no par value, by the Su The new i of pany Permission I3 asked to enter into| “the lease of which tho | would jease ctric Co. the | Conowingo pr company has been purpose of promoting wterprise. propert nna Power usquehanna ind site of the The Inll(er the the Conowingo Susquek Co. NOVEL LUMBER MOVE. K Miss., January 25 (Spe- A new departure in the lumber industry of the South {s seen in the | purchase of four steel vessels by the Finkbine Guild Transportation Co. to bring ‘nia redwood logs to Mis- Sissippi mi poses. NET PROFITS, $700,000. NEW YORK, January 26 (). profit of Standard_Textila Preducts | for 1 was $700.000 aft, 1 charges, exceeding dividend require- ients on the A and I3 preferred | 0l by about 70 000, Net 1 6% Bonds SECURED BY First Mortgages principal and interest of which are GUARANTEED 7 s outstanding SURETY COMPANY May be purchased if de- sired on Morris Plan of deferred payment and 5% paild on installments THE MORRIS PLAN BANK Under Supervision of U. 8. Treasury 1408 H Screet N. W. Over a Quarter of a Century's Experience Main 2100 the time and you property. lyze apply enced.management meth- ods to it. hold tenants, every detail, properties productive. B. F. SAUL CO. attention vour rental Have us ana- thoroughly and our own experi- give it We find and attend to make rental 925 15th St. N.W. We take pleasure in announcing * that MR. BERNARD A. SMYTH Has become associated with us as Manager of our Washington office, mezzanine floor of THE MAYFLOWER HOTEL SLADE & CO. Members New York Stock Exchange New York Cotton Exchange N. Y. Coffee & Sugar Exchange Chicago Board of Trade 71 Broadway, New York City WRIGHT, A Small Element of Safety Should Not Exist in a Well Ordered Investment It Should Be Safety Itself A First Mortgage Note on ‘Washington's Real Estate is Safety Itself A Safe Investment That Yields en Annual Income of 6% % INVESTMENT DEPARTMENT pound, 42a45%; = UARY 1926. FINANCIAL. DAIRY PRODUCTS. | Money to Loan 1 BALTIMORE, Md., January ‘ "'“"",23.}5:5‘ ctal).—-Younz chickens, pound, Leghorn: Winter chickens, Josep a30; Leghorns, 2 3 ‘ . eapons, 25a40; MOUNT, HOUSES ROPERTY. AT LOW RATES FRED T. NESBIT INVESTMENT BLDG. Main 929; ducks, | ; young turkeys, noor and crooke h ’AH, pigeons, patr, 25al: {guinea fowls, each, 35 poultry—Turkeys, young, 32a40; chickens, | 30; capons, 35a45; K. 5&3 — Recelpts, 516 cases: mnative | nd nearby fresh, dozen, offered, 3%a ; candled, 41a42. Butter —Good to fancy First Mortgage Notes For Sale In Denominations of $100, $250, $500, $1,000 AND P 637 Interest Secared on D. C. Real Wm. H. Saunders Co., lnc. Established 1887 1433 K Street N.W/. 7] FEDERAL-AMERICAN | NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President ducks, 302 ore process packed, .'m prin butter, rolls, 30a3; are giant bees combs 15 inches high In India Real Estate OANS —to build homes! -—to build apartments! —to build business properties! —on homes already built! ? 7 v 1 3 ? 4 lerms arranged to conveniently meet t requirements of the borrower. . F. SAUL CO. Mam 2100 925 15th St. N.W. which build hon 1st Trust and Construction f LOANS { e e und Business Property 4 N. L. SANSBURY CO., INC. 1418 Eye St. NN\W. Main 5904 R ] BEFORE YOU INVEST INVESTIGATE . Conservatively Placed 1 62% First Mortgage Notes Write, See or Phone Clarence L. 0'Donnell, Mgr. )\\‘\\\\\\‘\\\\”\\)&\\\) | Applications Invited We Offer Some Very Choice Mortgage Department 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. 52% ON APPROVED SECURITY Apply DALL H. HAGNER & COMPANY || MORTGAGE LeaNy GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 4th & K Attention Investors Better Than 12% Investment Houses Business Properties Apartments Office Buildings Five Buildings Four Apartments of Three Rooms and Bath In Each Building Good Condition No Operating Expense price. $12,500.00 1.... For Further Particulars see LEE D. LATIMER, Jr. with J. DALLAS GRADY 904 14th St. N.W. Main 6181 APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Lecated in the Distriot of Columbia and adjacent ' Subwrbe in Montgomery County, Mé 5: % INTEREST Petroleum Co. Serial 41459, Gold Debentures Due February 15, 1932-34 The Standard Oil Com- pany of New York has assumed the due and punctual payment of the principal and interest of these Debentures. Prices yielding about 5% Circular on request TheNational City Company Washington—741 15th St. N.W. Telephone—Maln 3176 ‘_fl pply zo H. L. RUST COMPANY LOAN CORRESPONDENT ®5¢ PRUDENTIAL INSURANCE COMPANY ¢ AMERICA 912 13th Strest N.W. To January Re-investors— A Message of Security ALARGB volume of January funds still awaits re-invest- ment—the proceeds of interest and dividend disburse- ments or maturing obligations. Many January investors, in the last week of the month, are still considering the safe disposal of these funds. Straus Bonds, combining Straus .ufety, a satisfactory market, and an interest yield of 5.75 to 6.40%, afford an ideal re-in- vestment. The current offerings of S. W.STRAUS & CO. include a highly diversified list of these sound first mortgage bonds, in $1,000, $500 and $100 denominations, on properties located in the larger and more prosperous cities, from the Atlantic to the Pacific. Onlya limited range of maturitiesin most of these issues remain unsold. We suggest that you call or write immediately for de- scriptive literature, or if you wish, telegraph at our expense. Ask for BOOKLET 765-G S. W, STRAUS & CO. BSTABLISHED 1882 INVESTMENT BONDS TNCORPORATED ‘?29 FIFTEENTH STREET WASHINGTON Telephone Main 5547 44 YEARS WITHOUT LOSS TO ANY INVESTOR