Evening Star Newspaper, February 5, 1926, Page 27

PRICESAGAINFIRM - AT GENTER MARKET Variation in Charges on Eggsl IN ESTMENT. BY GEORGE T. HUGHES. Investor’s Position in Life. Two points about the investor on which fall information must be had bhe fore an investment list can be drawn THE EVENING INJUNCTION PUT ON CONSOLIDATED Charges of Bucketing and Attracts Attention—Fruits {up for him have already been dis.| Other Fraudulent Acts Made and Vegetables Reviewed. | A wide range of prices disturbed | dealers this morninz. A low price of 33 on average receipts was report- ad. the highest price being 36. Cortain dealers reported a slight advance, due, they stated. to the miserable condition of country roads. making it impossible for drivers of heavy trucks to reach here with cargoes, On the other hand. it was reported that dealers were finding it difficult to move their supplies at the lower price of 33 cents. It was explained by a dealer that high prices brought last vear induced many persons in the country to em- hark in the poultry and esx business,t {he number of small henneries started he past vear or two attracting atten tion of persons on trips through the conntry distriets, Today’s Wholesale Prices. Butter—Fancy. one-pound p](nh’ tuh, 49a50; store packed. 35 Average receipts, 33a36; can 37: hennery. 40a4?; storage, Poultry— Alive: Turkev: Spring chickens, 3 chorns, keats, 18a52: fowls Ancks, <0a1.00. Live stock heavy and medinm top. @alves. top, 14215 131 h -monly | eussed. These two have to da with his total capital and with his ac quaintance with financial aff: The third consideration. which is more or less connected with the second, is his position in life Take, for.instance, of age. A yvoung man just beginnin his business career needs a_differ investment program from one who retired and must hereafter live on th income from his savinzs of earlie days. A man in the prime of life different requirements from either the other two. and. carryins the di tinction still farther, it is important | to know the field of his activity. Professional man. a_doctor ver, whose capital is his experience, bis ‘training, his skill, should select his investments differently from a chant. The latter often has unexpert- od demands upon his resources and reeds investments which arises can be converted into cash on short notice or which may be used as collateral for a loan at the hank Yield is not so important to him as marketability, while the reverse is true of the doctor or the lawver Finally we come to the case of the Silby o Whoeel aiaain: Hoasthar dwith those of the orphun. are the classic problem to the solution of which vol umes of investment literature have been devoted. But even here individ- ual cases differ so widely as to demand widely varying treatment. If. as com ssumed, a widow is an in- vestor with no knowledge of securities. no experience in busines nd totally dependent on the income from a_com- small amount for her living, the fundamental T | Consolidated mer- | as occaston | by Attorney General. A- the Assoeiated Phess. N YORK, The today Fehrary Stock Exchar under temporary injunction hibiting allesed bueketing, manipula- | tion of “wash sales,” in which no se curities chanzed hands, and other | | fllegal acts which Attorney General | | Ottinger alleges have taken place. | On February 11 Supreme Court _[Justice Ford will decide whether the injunction will be made permanent receiver appointed for the t ed. This result of n ations by the attorney office into the methods of for members of the exchange who and the exchange itself is wel- by the Consolidated, Thomas Maloney. president, sald. | Alleges Bucketing. ! During the investiga:ion M. |loney denied that any aleced transactions were committe | Consolidated. | The attorney zeneral. however. ac cuses exchange members of bucket ing, alleges that a larger number of | them ave insolvent and charges that | in August the exchange records showed a shortage of $3.000,000, and that the machinery of the exchange is used to make “wash sales” in which there are no actual transfers| | of _securities. investi failed omed | ®B. | Ma illezal by the | About ) | STAR WASHIN COMMODITY N WIRED STAR FR( M NGTON, D« FRIDAY, TIRE co'UNTm' PHILADE Hosicry pla orders” an montha’ rate rnitnre fa time on furnitore PITLADE N arri tons LINDSAY. 6000 boxes, of na | from the Ty son just about £6,000 BOSTON, mear from markets thi oted tinz the me NEW YOI expected th {will follow 1 the United companies. NEW Y( fur anctions in the sale which ra and mink an MONROE. Urania Petr holdinzs of in the Uran Gas and It York fo Dradicfiin closed. | Maska of the novelties as mark £400.000 cash the oil 1 el In“1hix weciion hajd fur, b " BRITEY 31 tons ved at this pore managianess ¢ d zain ovep 97 G Caif., ‘e‘b‘:u-n( carios o el o 1l and 1s. 000 net ¥ 5 indesr stitutes one of provision nat | em in 1 ok tun Prices ave men are not the refail 1 s w RK. February 5 it other tire he reduct State for " It R, e Just e of £1,200,000 d in variery d sable 1o eat in L., Febroary oleum Co. has sold pproximately 3.700 oil field to the Naty 1el Corporation and rov: rken out 3. BAM 400 264, Ware n-mpmd e IS HAT in ghe sey- irofvers receivél companies ns named by Fireston The jabilities ed here resnired Delt: rom ermine | and rabhit, The | ] 1 New Tiies CHAIN STORES MAY SELL FRESH MEAT {Keener Comoetmon Forecast {T'A. & P. Tests Result.in Acontion of Practice. e DReser | Special Drpateh o The Star NEW YORK. Febr i Great wtic and Pacific prepar to invade new fihe ehain of groceix store “experiments in sellinz fre:h his move will affect thon Hunities and consumer Al section of the country and will Jdistinet factor in the marketinz ickinzg honsze produet i the vetafl sale of meat he company vetail hindies its fruit at New York en hakeries and ind has the by, 5.—The Tea Co. i fouad field. makin: meit nds of in more than subsidiary nd’ vegetable husi- piers. It has a core of ware- machinery for spread and economical distribn- of food products. The possibili- are indicated from the that March 3 2 assets 550 current wera For the 1 year gross sales were $ operates stores. A tion ties lNing meat York and Boston packing industry indi- today through prominent exe that if the A large scale it will mean u with pos- small The company is a number of New The, now utives meats on | huge additional customer | sible elimination many hutchers. Che company the chain store sales of ment. heen in operation in some other chain FEBRUARY S w concern goes into | 3. 1926, 21 —_— JUST UNDER PARITY. wsur]inz Exchange Um\hh to Reach’ Former Mark. YORK h only sterting ty ) A nar ) has sep excha from for 1 en un Qealers explain th h of the pound offerings of bill forcinz the rate the market follow exchanze exper will_contimie to the estantish NEW Althor arated 0ld 1 the currency to reach thy - exchan each appr rd par he have been attracted, down. S0 lon normal cour helieve that sterlir Mnctuate sli=zhtly helow ed pariiy of $1.567% MORE BRAINS REQUIRED February its value weeks, e h tow it IN MODERN BUSINESS. Chairman of Uni Notes ty Board Also Desire for Service. Special Dispateh to The Star BALTIMORE, Februars the idea of service is assumin er proportions in the husine todav was asserted by Dr. M A. Clemens, chairman of the bo the University of Baltimore, in ddress tn the members of | Typothetae of Baltimore yesterday ! Dr. firms are no longer content merely to make a profit in their business but that they are approaching ideallsm of service as exemplified | the professfons. He also said that today 4 higher degree of intelligence is necessary in | the business world than heretofore and that absolute honesty is essen |tal if a firm is to continue | success is not the pioneer in It hax Grenater n Clemens pointed out that modern | the | |YEAR'S GRAIN EXPORTS SHOW HEAVY ADVANCE' — From Nzw York and Philadelphia 34 Per Cent Ahove 1924 Totals. Movement By the Ass NEW aciated Pre. YORK ment of zrain cipally for New York and Philadelphic, more than 21 per cont heavie 1 betore, 1. J. Cleave York district manazer of the can Railway Associs tion, the Atlantic Siates Shippers Board Care ERinhe by export Ailre in rom the = than New Ameri reports Advisory Mlled in New totaled dnrinz the year 103.135.200 bushels per cent over 1924 through Philadelphia creased 16.7 per cent or 11,400,000 bushels The only Aecrease shown of the transportation requirements in the Atlantic States hoard territors Aurinz 19% was a 2.2 per cent in the movement of fidewater coal TOBACCO FOR FRANCE Ship Tnk-- E‘tln From Baltimore. pecta! Dispatch to The Star BALTIMORE, February the largest of recent tc was shipped to France on the hip Mizeouri, new outhound Baltimore PO Bt froishier 223 pounds of tohacco her manifests. Anceher was ecopper, a shipment pounds beinz loaded into her Acrivals at the port of during January totale and one schooner clase 4 York Shipment Harbor in totaling 29,286 in any 1o Large. Carzo from carried holds altimore cteamers zninz 3 RUBBER FUND RAISED. Tire Concern Plans to Meet Wide ’ Price Fluctuations. YORK, Februars on the @ on leveis that are abnorm NEW Dwellin nger market continues to fluet violently high and ecojomicaily ward G. Wilmer. Goodyear Tire nounces that 2 creased its special raw materi rve to $7.300.000 to guard aga possible abrupt shrinkaze values . i Rubber the gompany 00,030 for thi Dok s et AHEA ahy roanthe S B e e L STOCK IQSUE PLAN'NED NEW YORK Febrna 5 (A Wall Street hears that the Northwe ern eli Telephone Co., whose $65.000 000 common stock 15 owned b Telephone and Telegra <ue $5,000,000 6 ock for subscripticn located in emploves American ferred Thron 3 The WALL STREET NOTES NEW YORK. Fehruary 5 () I sary sales of MeCrory Stores Corpe increa 3 m Vst tien per cent vear- same $2.101 Pir ‘he Warner Brothe ve omitted arporati ai cent e cla Ane at time EXTRA HOLIDAY SOUGHT BALTIMORE. Fe 5 A moveme. POTATO MARKET FIRM. o CHICAGO. Fehruary 5 (#) WOOLWORTH SALES ,UP' toes— Receipts, 2 total NEW YORK, Februar ) ates shipments, 488: 12 Ca Sales of F. W. Wanlworth & zood demand., market firm: January amounted to £15.167.7 sin, sacked, round,-whites. 3.3021.15:| pared with $14.201.263 in the Minnesota, sacked. vound. iwhites. month lagt ve Stores in operation 3.80a4.00; Idaho, sacked, russets, 4.00a a vear nr more <howed of 4.15 1.35. according 10 quality per cent. WOULD EXPAND UNION. BALTIMORE. February -Steps have heen en oushly to organize teleg ploved by stock and bon. Baltimore the broker division of the Commercial Telegraphers Union An organization dr has heen am thorized. parativel The tempor netion orders delivery of shares within 24 hours of the transactions: payment for stocks in amounts equal to the customer’s arzin: elimination of ‘‘wash sales™: th make 141, for Meats—Beef 3. dressed pork. heavy dium. 16: light, 17: loin: Aers, 2 fresh hams, L Fruit and Vegetable Review. Today’s market report on fruits and vegetables. compiled by the Mar ket News Service, Bureau of Agricul the investment prescription is pretty peerd EROn oy | definitely marked out It is still necessary. however. to ask whether she has children ta supnort or whether she is alone in the \\f\‘flfl flll‘nll‘((ll!n of custome interests by Sometimes her best course ix to DUY | joening on hand money or securties an annuity from a life insurance com- | feOMNE 08 TA TORES, OF FECHTIES pany. What 1 wish to emphasize |, q"\,ce of customers' securities for azain is that intelligent advice is im- |00 '8, OF Tastomers” SCCUritien for possible without taking inte account CoMtteral anty (o the all the circumstances of each particu Exchange Has 200 Members. lar caze The Consolidated Stock Exchange 200 members and last vear did a business of $10,000.000 a month, according to Deputy Attorney ANZE | General Winter. Thirteen members outh |of the exchange. he sald, fafled In Sa-|7895 Pota nnive United nadian Wiscon 5 (Special. more thor phers em. houses in 16: Lamb, o ears; LIVE POULTRY EASY. CHICAGO, Fehrnary 5 ) Alive, ea receipts, two *fa20; Sprinzs, 30: turkeys s ducks, 30a37; zeese, shoul e Poul cars 35 hy vear halidas were eliminated fonwle roosters, 2 a ins Apples—supnplfes moderate; demand moderate; market barrels, . A 21,.inch mostly 6.00; fair qual Ity low as 5.00: A 2ii.inch up Black Twigs, 5.50. New York, A 1p Baldwins, 4.0024.75. mostly around | 4.50: boxes, Washinzton, medium to | large size, extra faney Winesaps 3.00; fancy. 3.75: bushel baskets, nn | sales reported Cabbage—Supplies mand moderate, stock, Florida, (Conrrizht. 10261 Stavmans, bes, moderate, market steady sushel baskets, Savoy type, wide itv and condition. 1.00a1.40. volina. cloth top veneer harrels vov tvpe, 4.00. Sweet potatoes —Supplies light: mand moderate, market North Carelina, cloth-top rels, Porto Ricans, ordi 4.00a4.50: South Carolin: crates, Porto Ricans. No. 1, Maryland. East Shore, hus Yellows No. 1. 2.65. Very Few Strawberries. Caulifiower — Supplies light Ae. mand moderate. market steady: Cali fornia, some poor | quality. |~ Tomatoes—Supplies light | moderate. market steady: These taitures led o an inquiry. | PLATE GLASS OUTPUT LARGEST EVER KNOWN ‘DPMIH(‘ (n;:losed Autos, Office Buildings. Apartments and Dwellings Is Exceptional. moderate de market steady: new 112-bushel hampers Pointed tyvpe, 3.25a3 Texas, sacked, per hundredweight. Round type, packed locally, 6.00a6 old stock, | & New York. bulk, per ton, Danish type. | ®7 £0.00a65.00. Celery 1pplies mode moderate. market stead erates, all sizes. mostly 4 10inch crates, 4-6 dozen, mostly few higher. Other Prices Today. stave e ‘Spflr-al Dispatch to The Star. | PITTSBURGH, February 5 —The Cuba re. | Output of plate glass in the United count, | States during 1923, according to P. A Lettuce—Supplies moderate: demand | ,"“n‘.;‘;:",,”r“fi;f‘f”."ffl."é’;, A Cgunt: | Hughes, secretary of the Plate Gla | | Manufacturers of America, reached mndsr'flo T“X"'«‘('( steady: California : 5 ¥ ' son eafy. 3 Florida, Carrof < demand | estimates by more an 2, ome 1 vf 7523.00: Florida,, arrot: pplie: dema squnre feet and heating the produc 1.75a2.25. | of t mostly aronnd 1 | " String beans i- B 669.821 square feet. Supplies moderate: demand | very light: supplies light; demand | The production fizures for the last ket steady: New York and | modera: market firm: Florida, five years are as follows 100.nound cacks Yellows, | bushel hampers, Green. 10.00a1 Sfates No. 1 3.00a3.25: mostly | wax, some. 3 demand ondition, 1175 prese receipts Onio Heht Michiz Tnited 300, Potatnes—Supplies mand moderate, ma 130-pound’ sacks Russet Rurals United States No. 1, mostly 7.00; W consin and Minnesota. 150-pound sacke | Round Whites, United States No. 1./ around 70 per Maine, 130-pound sacks Irish Coh. Jgplant- . United States No. 1. 7 moderate. market Supplies moderate: demand | pex crates, faney n, uare fect ordinary condition, 2.00: few higher. Peas—Supplies moderate, market crates, 6.50a7.00 Strawberries Florida. pony moderate steady demand Mexico, de Michi- moderate . ket stead fen b The rapid growth in the produc- tion during the last five years.” says Mr. Hughes, “is due both to the rise in pbpular favor of the closed car nd to the increased use of plate in the windows of office build apartments and dwellin; Stin On at Fun Speed! Eight cities have contributed to make this Unloading Sale a history making event Supplies very refrigerators, at. ipplies limited: demand steady: Cuba, pep stock. 6.00 light mostly | for thmflon. For this is a sale of the surplus stock of our stores in eight other cities—and it’s a sale in which THOUSANDS of dollars’ worth of guaranteed, NA- TIONALLY FAMOUS Auto Supplies is being actually sacrificed. The big sale continues. Tomorrow, we’ll be open antil 11:30 at night, and we’ll have extra salesmen to help out. Sorry, but no phone or mail orders. 11-Plate Batteries 38.99 Tour old bat- Spark Plug Tester 69c Fvery motorist shonld heve this instrument snstantly it vour piags nat the it Side Door Pockets 19¢c Por Fords e e mateial, " Can o attac or moved » moments Detroit Diamond Radiator Shield 99¢c ‘ Yale Whistle $1.49 red af31a man's smt it new §-1-yoi ot wou §4.9 vear Of fine anal ity metal Tt ~an bailnatalled in avery short time and ~ontrolled from the dashboard For Overiand For Dodge taw 11-plate bat Guarant Motometer and Lock- ing Cap for Fords, S3.99 Reduced Cigar Lighter $1.49 Installed ina few moments sr any dash- board. A splen- A4 accessory for the man an he a who loves ‘n H smoke whiie Ariving. 17c Every motoriat knaws this famons ol in apecial handy cans at This lnw price. Hub Shields for Ford 69c Complete r. W ename entera Tha 244 an air o Any Fa modsi. Easily attached Set of 4 for Chevrolet, 89¢c Stop Lights 49c¢ Can he seen from aquite a dis- tance - Easily at tached. The ward Brude Sun Visors AR 10 Meitaniy 839 - - 4 I\/I l I I l ax Tool Box, $1.49 X 7 ‘fh.'::;;“':f:{:}‘:' Automobile Finish Rl Lamp—Ki—u, $1 The perfected new type finish that can be polished to a fine glowing lustre, actu- ally improved by service. Not affected by heat, cold, gasoline, oil or grease. GET AN ESTIMATE OF COST FROM THE FOLLOWING LICENSED MIMAX REFINISHING SHOPS: Heaters for Fords Gives forth Lan amasing T8 e un of veal. Eanmly inatalied Fxartly xa luatration Lasking cap For Large U .$6.99 Combination Mirror and Parking Light 89c vere mtine- accassors Valve Lifters, 29¢ \4 For Fords For Chevrolets. poh.sheé your car/! HE imbact of flying road dust Twhich quickly dulls old style finish- es, merely brings out the fine lustre of red 69¢ e sl Back Curtains lon of gasaline FOR Iond ek e alian $1.29 4 Anruyanc Shen you | iimd swoursell out of A 4 FORDS signed. Made of very fine grade Can be Be sure carrisd ot in of mirror attazhed contar 2 Basily tor Cse a8 for all Grinding Compotnd Hesd Gasket - Criindar Ford Cylinder Head Gasket care in stock. Timers for Ford 39¢ Basily lnmtan a4 These Sotentitically @ xigned that reru ~xnlnsions af the cvlinders. Special for this Talead inc Sale oniy Grease and Oil Gun Rotoscopes, 99¢ An sxceptionally v attractive orna- ment for the ra- tor. Nickel atsd thruout “an he screwed ontn any radiater. finishad the run- atee), Fiin OF fine pressed in hiack enamel ning hoard Canoe Cushion of any Do-Ray Smoke Kit 39¢c Fasily atiached o ans Aash Daard. Keeps Yaur emaxing Randy Car an’iimes Compariment for eigareites, mateh bax and ashes. A resu- Iar $150 article radinter fram espias . ibe ing constantic. Be sure vour.lights are in winter when dzy: are This lamp kit con-iste lampe for vour head ghiy for your taillight and. ene your Adashiight. In stromg. breakable box Automobile Jacks ade of finest el Can o lift 2,000 The be earried long in any tool hox. qqc Stampco Wmdshleld I Cleaner 49 e A particulariy efficient hisld cleaner that esr tached in & moment windshield. A traly it taere ever wag o x ) Tor - with o kapoc, d with fine csal Jeather, cushions are gen- and cov. netrument for Hae two ng_and one Extra spe handy Sar " owner ane for ofli ing the car. his rale avars spouts for gre: chal in rests cortsts. Champion Stop Leak. Cutouts for Ford. Steering Column Brace (.r Ford. Distilled Battery Water, qt Reflectors for Ford Headlights, pr Driving Gloves ovats the Car and nas e T ihie sate, gni Celluo] Dupont Auto & Carriage Works, 2130 L St.,N.W., Washington, D. C. Walbrook Auto Service Station, 3044 W. North Ave., Baltimore, Md. - Carl Spoerer Sons Co., 201 §. Carey St., Baltimore, Md. Foss-Hughes Co., 1313 Cathedral St., Baltimore, Md. PITTSBURGH PLATE GLASS Co. 4th and Channing Sts. N.E. Our_entire atack of the finast ariving gloves in rhe g cluding the popular Eanntiet been added i those r_alores. and Teduced | nRmereifully. " 1°p o SSc. Pner EINCOR mHe-TAIEL -Everything for your automobile 430-432 Ninth St. N.W. aming valin ne