Evening Star Newspaper, February 5, 1926, Page 29

FINANCIAL. VALUES HOLD WELL | INCOTTON MARKET: THE EVENING STAR, WASHINGTON, D. C, FRIDAY, FEBRUARY 5, - FINANCIAL. WOOL TRADE PICKS UP. I [ BT NEW YORK CURB MARKET Ay APA! ENT HOUSES ot Received by Private Wire Direct to The Star Office 5 2% BUSINESS PROPERTY RESIDENCE LOANS AT LOW RATES 1926. ; First Trust Money ON HAND —Available for Both American Woolen Openings Con- ANY AMOUNT sidered Favorable. BOSTON, Mass., February 5 (®).— Th ial ’ Bulletin ti i EENERL o ro ulletin ~tomorrow g e 2 ! NVESMENT M.. 9392 | “There has been rather more busi- ness in wool during the past week, al- though many dealers are refusing to consider the prices which the manufac- turers are bidding for wool. The open- ing of heavy weight goods by the American Woolen (o, is considered auspicious, prices being decldedly rea- sonable in line with the cost of wool and labér. The situation in the coun- try s to be without material change. ““Forelgn<markets are a bit irregu- lar, especially as the selection of wools offered is poor or good. On the whole there has been little change abroad during the past week. “Mohair is in light supply and firm.” COPPER PRICES HIGHER. GoodiBuying T Metal Matketiat Advanced Charges. NEW YORK. February 5 (P).— Copper prices show an upward trend after good buying reports yesterday at 141, cents a pound delivered. Pro- ducers generally were asking 143 ! cents today on domestic shipments, or three-eights of a cent a pound above quotations earlier in the week. The price abroad has advanced about 10 points from yvesterda Xporters are willing 1o pay 1 cents aside ship. equivalent to 14.10 cents delivered. The trade reports that only a moder- ate tonnage of copper is now available at 141 cents delivered. Equitable Co-operative Building Ass’n Completed Properties Assets $5.031,814.96 Surplus $1,352,74.93 || Subscriptions for the 90th Issue of Stock Being Received BY WILLIAM F HEFFERNAN. iW YORK, February 5.—Humble Oil furnished one of the feztures in the trading in Standard Oil Buying Orders, Covering and oy, advancing sharply follwing Liverpoo' Cables GiVB | the action of the Federsl Trade ('om- |-gon with others of its class. |mission in dismissing the complaint! The action of. the sugar stocks was Strength to Prices. 1gainst the Standard Ofl of New Jer. | dlsappointing in view of all the fa- tial decrease in the weekly domestic crude production. The upturn of 6 points in Johns Mansville represented nothing more than the taking up of this high priced specialty on the ground that it was behind the market by compari- Reasonable Interest and Commission JAMES F. SHEA 643 Louisiana Ave. N.W. _ stocks Money to Loan o Virginia Home Buyers May be pald back in small monthly payments. 7 Bought Systematic Saving Spells Success You know the old adage “From little acorns big oak trees grow.” Likewise a little bit of your salary deposited regu larly each pay day in the Equitable will eventually grow into a large amount. T R SOV 2 | vorable reports concerning the out- ! onnection with the acyuisition | 150k for the future of the industry. {0 Hunible. This was expected to open | Utah Apex continued the feature of ithe way for the eventual complete|the mining group although there wi tion of Humble by the Standard | apparently noghing to accredit its | February ‘otton New Jersey. strength at new high prices. Gillette Masat: i v cils. however, continued to|Safety Razor made a new top on the e fire despite the increases in both | move and other specialties prominent 32 crude and refined oil announced early | opened early in the week were for the most in the week, and the further substan today SHARES $9.50 PER MONTH Kecond Trust Not L. GARLAND KENDRICK Clarendon, Va.—Clar. 422 Stocks Bonds % 0dd Lots Carried ow Margin. FEDERAL- AMERICAN ||| Buck & Company NATIONAL BANK Established 1918 312 Evans Building RESOURCES, $14,000,000 1315 F Street 1420 N. Y. Ave. N.W. JOHN POOLE, President By the Associate NEW YORK, futures opened steady May, 19.91; July, 19.17 December, 18.01. The market unchanged to § peints higher on overnight buying orders and in re sponse to higher Liverpool cables Covering by shorts. which was considered I ble for vesterday’s ad less uctive, and afte 19.92 at the start May acted to 19.87 under real buying gave the marke dertone, however, and 3 LT Can 5+ 3. 100% 100 ! R4 1y within 3 point_or two of yest i s pat gures at the end of the Hoston & Mo .. 9313 meEiCOI N T e cin Rt e fe R 1 Fross & Lamee C,50 Private cables reported trade calling Cities Secvice Be s 9l 6 Purity Bak B . ate ce Aricet e 8x 3 Rand Kardex Bur ind covering in the Liverpool ma . T Repul. N Tr vef with a moderate spot demand. but 11 Reo Motor E that demund for cotton cloths in Lan 13 Bltkentidrke cashire was less insistent ' i SR New Orleans Quotations. | S8R R NEW ORLEANS, February 5 2Rbaton S fut ned steady. Ma 18.70; Octob De The mar o hles and reports of ades showed d the market all until Press. October, part higher. YORK, February 5.—Fol- Is an official list of bonds and stocks traded in on the New York Curb Market today HO.\D.\'" " s much igh b to | HAm Gus & 1 as H m Pow At s 7, o < 2 icts e W o siy s 2 a | Enough s a3 b3 3 ’ ; held B & ORR DB wii 855 averboard Rs. . 91 This is the result of systematic saving. Join today. 915 F Street N.W. & Lt pi 1 w York Mehds Y Tul Co ptd.. 1131 ck Pl new Wi 108 Nizer Corp Intn: Low f i 2 i | near-month wely responsi Tel. Franklin 7300 Direct Private Wires to New York prices vesterd Realization or Anticipation? When an Investor Puts His Surplus Funds in Our FIRST MORTGAGE NOTES he knows that the interest on his in- vestment will be paid the day due and can count on a steady income with th assurance that his principal is saf guarded 128 rvie e D 1013 P& g 0 ax Bal 6x A 105 5% Mot Money to Loan (0) Corp R 5 South'n G & P 100 Sou P & L war. 2 n = . | Chinese Smuggling Explained 17 Sou hmrw;’ g Vowing an investigation as to the 2 Sou Iee & Utii ‘A 'y of smuggling among -lfimfifi;““};:'lu;m il . more noticeable than nd Mot any other race of seamen, the Stand Bib ¢ A International Transport Workers Fed. =3 I”. > eration at Amsterdam has concluded & Col'll113 3 © is because the Chinese are }i',’?,;'"u}—” c. ¥ poorly paid and work under oppressive > conditions. An effort is being made to 5 Prod\ Export s Lux_Pic A reduce their hardships and better their condition, mhull Steel Tubize A S B vie Tung S Union Ca Improved D. C. Property At Prevailing Rates of Interest impr 7 Mard 2N and July 3 S or wbove the previor close. cased off a few points n the first half hour of trad: ng. and there g from March to May n Values at Noon. February 5.—Cotton bids steady: March, { 19.08; October, to 9 points State The market * the end of | 1] on real b Serv N0y of t 2 Oilco eF 5 chulte R B 65 and July Sloss Sheff B, Sowthea P &L 5 Soca P&L i wtw S'ON Y 6han > Stuty g See MR. FIELD Hedges and Middleton, Inc. REALTORS 1412 T St. N.W. Mortgage Department Farms Send Most Students, In Ohio. tho farms contribute the largest number of students to the in- stitutions of higher learning. Parents the “humbler occupations,” among which the farmer is listed, supply <ew. 0 {most of the enroliments. Out of 9,973 Chwl T4 ases studied the farms sent 1,178, &C A nw 204 ‘}m. v one-eyghth. Children of ordi- MINING STOCKS Inary merchants formed the next group | Calazeras Cop 3% | slightly in excess of 500, and business | S0 Slumatls seon the third group of about | wm s: July, "Rt Vick " Chemical. Ware Rudio, o 2 West Auto S pfd T White Sew M'pt 50 February 5 Lids eady ; July, 18.64 Franklin 9503 futures, noo 19.79: May, 19 3: Decembe Weekly Cotton Report. LIVERPOOL, Febru \Weekly cotton warded to mills. 7 American, 50,000, S of which American )00, £4.000 bales. of which Americ 000, Exports. bales, of wh American, 4.000 Washington Stéck Exchange 0013, Cotton March I S Rub 6132 30 acuum’ Oil 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. S Fauputioe 5 1/2 % ON APPROVED SECURITY Apply IRANDALL H. HAGNER & GOXMPANY i MORTGAGE LeaN GoRRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Cologne oF Rt Dresden 000 bales. Imports, 000 bale Find the Facts Then Golden 10 Hawthorne M Hecla Mine Ma WE FINANCE —all classes of income producing properts Large Loans a Specialty Current int. rate and commission Higbie & Richardson, Inc. Face Them— £ "Ntz ‘Bl Fi ine Donm'k Kriton Fried T, ; Munie Medellin #0815 Prov B Aires Tlas 100% Rhi Main Da aR T at | R 5 Bl 1065 at| i Russ Govt 613 108 at | 58 Russ G 6las 1 e T S At 106 > Soivay Co A0 At 108t . 10at]| BogiEGot 1031 sh : 79| BThyseen T & & % 04 3 Westpha U'E 615 85% Sales in STANDARD OIL I units 100 Anglo-Am Oil 100 A3 Oi1 vic EFORE invest money investigate the quality of security | — and the reputation of your broker. MORE ELECTRICITY USE. | First Mortgage Bonds You have worked for your money— 4 Callor write for Booklet N1 Utility Plant Generation Breaks The F.H.S Q Smuth Bulding. Monthly Record. 3 Toss TO ANY INVEST According to the Geological vey, electricity g ated by public utility power plants in the United States in December passed six billion | kilowatt hours for the first time, with | a total of 8,108,000.000 kilowatt hou an average daily output of 197 an increase of 2 per cent average rate for November output for 1925 was nearly: §6,000,000.- ' 000 kil t hours, an increase of more than 11 per cent over the 1924 | »utvut. i CHICAGO LIVE STOCK MAEKET; CHIC: Pebruary 5 (United | States Department of Agriculture).— | Hogs—Receipts, 26,000 head lar; lighter v {higher than Thurs weighty butchers dull , 2 lower than vesterda 03] carpingl Bete . ... packers inactive: fe: 158 Sl Serc ofd E 38 to 300 pound butchers, *7 Cone Rovattion - bulk better; 190 pouhds down. 13.50. ol Synd 13.85; tops, 130 pounds and 160 pounds up, 14.00 jo pound average: 00213.35; packing sows, : killing 14.00 weight hogs, a12.80: 213.40; light, 12.40a14.00 you your Canitol Tra Conner 23,000 at 995 ier Gold M Apartments Office Buildings it is only just that you demand a safe Sl remuneration medium of investment. nal Bank--10 af Tnion Co.—5 at sur-! ancton Monotvpe10"at’ 847 10 at ur £40,, 110 at 847010 at 8475, 3 at 84'%, 15 A€ K47 10 at 841 National Mice. & pfd.—10 at 81 CALL 5+-$1.000 at BEFORE YOU INVEST YOUR CAP- S ITAL LET US TELL YOU ABOUT ; tmbic B1F &R LOREE L O B 2000 Tm 0 o1 Can 1. 1380 Ta5eF Poi e Lid” 00 Nat Tranait XY ramai 00 Northiin B L 00 P G ks Potoma- “'r b t 905 Y First Mortgage Notes TNLISTE Moner—all loa: 5 and 6 Bid and Asked Prices. BONDS. PUBLIC UTILITY B On Improved Washington Real Estate r cent FIRST TRUST NOTES Secured on the best irreg of Investment Department HANNON: & LUCH 713, 715 and 717 14th St. nt 2008 0 Cal new wi 5 800 Vacuum Ol 1055 | $ales INDEPENDENT OIL STOCKS. in hundreds. 5 Amer Cont Oilflds 3Am Maracaibo € Beacan OI1 .. n Tel. & T can Tel & Pot ; District of Columbia Northwest Home Properties Experienced Bond Salesman Denominations $250—$500 William S. Phillips 1432 K Street N.W. Phone Main 4600 This firm will be glad to consider the application an experienced bond salesman with an established clientele in Washington, D. C. Potomar s Poro of i : medium. sifonon oL light ligh 114.00; packi 57 Mex Panuig” 11.00a11 1ghter pigs, 13 fount ‘Prod . Cattle—Receipts, 3,000 head: hardly | New ROl enough steers here to make a market ) Noble O & Gas generally steady with week's decline: Peer il Corp, best heavy stee 10.50: few loal 9.00a10.00: plainer kind, $.25a8.75 stock _aull; most stale STOCKS. Pennok _Oil _Corp 8 Reiter-Foster 01 at 3.75a4.00; strong-weights, ely 5. PUBLIC UTILITY P e A < Tel. & Telga.. . 1431, t Creek Prod .50; few heavy mostly 5.50a6.00; The object of this advertisement is to secure the services of bonds D« who Paver Co. Pot Joint. Sto man knows and has sufficient initiative and administrative ability to eventually = establish a Washington office for us. who Buy a building— realize a fair per cent of interest on your in- vestment —and be able to sell it at a profit. i1 Traction 108% oy on 2 Tidal Osage Oil nezuelan Pet rier Quinlan Wilcox 0_& NDU hologn; 00; vealers, 11.50a12.50. | Sheep — Receipts, 17,000 head; fat lambs, mostly 10 to 25 lower: early' bulk, 1 few to shippers, up to 15.00; feeding lambs steady: several | decks, 14.50a14.75: choice kird corry Ing fat lambs, 14.85; nothing done on ' fat sheep: fair supply of fat ewes| direct to packers. We participate in the better grade offerings, originate our own issues and are members of the New York and Bal- timore Stock o1 Allied’ Pack new Amal_ Leather Am_Cynamid A Cynamid 4 NATIONAL BANK National Capital cchanges. ° SECURED BY SR First Mortgages Pprincipal and interest of which are . i by an outstanding W YORK. February 5 (S rid i —Cotton goods markets were aner t. | SURETY COMPANY May be purchased if de- day with prices generally unchanged. Print cloths were quoted % for sired on Morris Plan of R deferred payment and Wash. Loan & Trust f::fi"n‘tggrl"lul for 6 ,i“’ silks | ash. Loa s ather sharply in an active mar. | = == — i ket. Prices were up 5 to 10 cents a | c i Commerer. & Savine . ! o 34w |Pound. ; “"* | 5% paid on installments bSO e THE MORRIS ’ ' — — L r; < h .2 S, 42; seconds, 39a31, o oty d1%a .1403 :Sn:: w. Rayon Prod Rofling Mil Eun»lum‘\'_?. 4 dr gan DRY GOODS UNCHANGED. vl 'RUST COMPANY. Am Writ Pap. 5 ¢ N ity & Trust.. 400 3 Asko Gas & Elec Auto’ Co MACKUBIN, GOODRICH & CO. Established 1899 111 E. Redwood Street, Baltimore, Md. American Se Continental T: Merchants” Ba C— i Brad Fireprie 1 Bra 1 Security ; o i BUTTER PRICES LOWER. CHICAGO, February 5 (#).—But- SMechanics FIRE INSURANCE Can D Gin Al nw Liknt, 5 luloid C pfd.. 3 Cen, Awyirre” Sik 90 itral S American Corcoran Firemen’s : National Union, = Columbia Title Real Estate Title MISCELLANEOUS. Paper pf S R icitied, romeipts, - 8830 cases; firsts, 31a31ls; . ‘ommw PC 9% %; ordinary firsts, Commw P_C war 29%5. 5 Conner. J T Co. Cons G Balt new und Bak A FF INVEST BY PARTIAL PAYMENT Your Banker Knows. When In doubt about a security consult your banker. It is equally as much his interest as yours to protect your savings. You trust him with your deposits—why not trust him with your investment problems? RATES ON BAR SILVER. | NEW YORK. February 5 (#).—Bar | | silver, 66%; Mexican dollars, 51%. 165 Ky e 5 = Public Service Corporation of New Jersey Dividend No. 75 on Common Stoek Dividend No. 29 on 8% Cumulative Preferred Stock Dividend No. 13 on 7% Cumulative Preferred Stock Dividend No. 2 on 6% Cumulative Preferred Stock I'he Board of Directors of Public Service Cor- wration of New Jersey has declared dividends at the rate of 8% per ghnum on the 8% Cunw- ative Preferred Stock, being $1.00 per share; st herate of % per annurronthe ;% Cumulative —and a Few Cents a Day Would Have Saved Him Thousands Every day valuable papers, bonds and jewelry are lost or stolen because of carelessness and lack of attention as to theit safe- keeping. Tran. & Sto. Linotype Muge. & Inv. p d notype Security Storage ‘ashinton Mark lier & Rad Motor Because a man has no “capi- tal” is no hindrance to his in- vesting. The best way to acquire capital is to build it up from in- come. We offer our— SHORT-TERM SECURiTIES. (Quotations fufnished by Redmond & Co.) ERSSRRNT R Pub : Emporium Corp. 3 Fageol Motors. 1, Fajordo Sugar 2313 Fisk R n 1 pf'wi Fisk Rnof Tet cv 1 Forhan Co A.... 173 Adirond, P& L Altm. Co. of Ame Great Northern Guif oil Corn Tock. Val R Humble Orezon Short Peunsylvania R Sitclair Cr. O1 Syl Co s Tnion Oil o Union Pac. R. R & Rubiber 71 Western Union 6 izs 1836 " Westinghouse E.&M. 7s 1931 Construction of mnew schools and libraries absorbed 5 per cent of all {ihe money spent for new buildings in /he United States in 1923 4 i Fox Theatres A. 3114 5 Freed Eiseman R 674 8K F n Chas.. 243 aking A . Baking B Gilette SR Glen Alden Coal 2 T R.. 2 Hellman R pi 2 Hires, Chas A iHorn & Hartart. 60 18 Horn & Hardt rta 1 15 Ind Rayon Cor A 1 4 Inter Contl Rub 5 Inter Contl R D 3 Intl Rwy vie 1Intl Si 5 g - = ohns onex Radio elvinator C . anday A a Salle Ext Univ andov Hold C A and_Co Florida. h Pow sec Vic high Val CNC b Owens §h Gl c. G Rt SECEme e csm BEE B R R a3E e Mid W Dtil pfd. Mid W U pr lien Miller Rub new i Joseph I. Welier 120 Wash. L. & Trust Money to Loan Secured by first deed of trust on real estate. Prevailing interest and commicsion. Bldg., 9th & F 5 FIRST MORTGAGE Money at 517 Very Desirable Conditions Granted Tyler & Rutherford Loan Correspondent Mutual Benefit Life Ins. Co. Newark, N. J. 1018 Vermont Avenue Phone Main 475 i Moore Drop F & Mohk Hud Row. N B “referred Stock, being $i 75 per share:at therate »f % per annum on the 6% Cumulative Prefer- i Stock. being $1 50 per share: and $1.15 per hare on the non par value Common Stock i~ the quarter ending March 11, 1926, Divi. ‘ends are payable March 31, 1016, to stock- tolders of record at the close of business March 5. 1936, T. W. Van Middlesworth, Treasurer Public Service Electric and Gas Company Dividend No. 7 on 78 Cumulative Preferred Dividend No. § on 6% Camulative. Praiorved Stack The Board of Directors of Public Service Elec tric andl Gas Company has declared the. st guareely dividend on the 9 and $9% Breferred T Ty e L O 3 b o close of buistiese March 5, 1236, ol Heswarth, Treasurer For a few cents a day you may safeguard your valuables, what- ever they may be. A safe deposit box at one of our convenient banks is the answer. $3.00 and upward a year pays for a safe deposit box Second National Bank “The Bank of Utmost Service” 509 Seventh Street N.W. 1333 G Street N.W. Over a Quarter of a Century Without a Loss 6%,% FIRST MORTGAGES —on a partial payment plan which requires no more than $25 initial payment and the balance evenly distributed over ten months. B. F. SAUL CO. 925 15th St. NNW.