Evening Star Newspaper, February 7, 1926, Page 36

THT SUNDAY BTAR, WASHINGTON, D. ¢, FEBRUARY 1 ART T GRE ! et aiun gt ity S Week End Features. | RISE Many Flourishing and Constantly Expanding Com- ASSUB'ATE" []Il_ sfl.iculf:‘m:fl':‘“fif‘;i'fivbfl‘:Lf,::;; London Hears Sumatra Deal In-| | mercial Establishments Will Displav Their s steady today on further covering by volves 30,000 Acres of Land. — ) near-month shorts and some forelgn- Figures Are $1 ,000.0(.)0.0001 Products March 3-13 at Auditorum. Pay $165,000,000 to Get]trade buying of tuter activeries. 3l sold up to 19.80, or 8 points net Abov . . s higher, and closed at 19. the general | Fy the Asso ed Pro i e Estimates—Action DY CHLAS. P, SHAEFFER. [ number_and_variety of commercial| ~ CONTOL OF Big COMCEIN | miiict Ghouini ey, mei unchanked | LONDON, Februars 6 —itouters CAMINO REAL concer N Capital. to o points higher. understands that an important trans on Markets Awaited. Washington industry, which seems o GF ithe! in California. The amount of cotton on shipboard $2,500,000 Paid. to cscape general attention, is getting stablished industry—the awaiting clearance at the end of the |action has been concluded by the sale 3 — | ready for its second annual exposi-|Prospects derly development., — week was estimated at 91,000 bales, |of Sumatra rubber plantations, owned at Boca R t [ e e R M : aton e g : - . Y ndered it most valuable and unob. |y Associated v 6 Actual| Boston reported t v ar- | ; e NEW YORK, Yebruary 6.—Chief hington Chamber of Comme noxious are excellent. These are the| NoW YORK, February 6. ACULH b1 Wor cotton there included Sotod. S aive tiok Qo of Lendondor financial intevest this week centered | will be held at the Washington Audi- | factors of which the Chamber of Com- | §ontrol of the Associated Oll Com-|yules of American returned from 10,000,000 kroner (ahout $2,500,000). (Florida) in the announcement DLy the New |torium, March 3-13, Inclusive, and is|ineive officials are proud. The Indus- | pany, the second largest produger in | Liverpool. U deal includes 25,080 unplar ol : Ay SRR S o i trinl exposition has beeri designed 10| (i e GhLng teday by 5,000 planted s " L e o < Stock Exchange, after the close | designed to show the public, whic 'l' show the rug P i ‘f e NEW ORLI. . February 6 (4). erne| ate s wiil be America’s most majestic of business today, that stock and bond | Jittle aware of its existence, that the {scope of comm vt air & Co., Inc., and se S Fteasil A ReA st e it collateral loans of members totaled | National Capital has @ commercial [ The exposition will include prodicts | curities Corporation for o conside changed to 4 points up; March, 19.72; 5 | b":flevadrdf 220 feet w}ide- Already i 2 5 : f Government enterp % bask s May, 19.16a19.17; July, 15.57; October. ! S c an : i §8,613,174,194, or about $1.000,000 i no e rtance. I L ba tion of $165,000,000 e Y, 3 surface or more thar a IIBATAI0, or about 1000000000 | s of b Kl Cevernment, with its|£round aguinst which priv si- | The purchasers paid $59 a share for 8 December, 1756 bid, 17.57| NEW YORK DAIRY PRICES. an a mile ove conservative estimates. Its ef-| CHS D oUGl o ivities kp e ".“\' SNl . The Cham-| the block of stock acquired, which d; spot, quiet, 4 points up; mid-| NEW YORK, February 6 @) Write for our booklet in colors fect on securities prices will over the city, has so complet o als directing (he | includes the stock which would con ; ool o O e Bgler awalted with widespread interest at |shad 1 private enterprise that only hibition believe that its visual les-| (o -the Standard Oil of Callfornia S rery Bieher than 64tias. 16 the opening . “la small portion of the population is ns will be of infinite value to the | through its heldings of Dacific Oil E ofedmery eéxtras H o opening of Monday's markers |8 Sl R o PR OLGS| ubhand"u cmmereiad esabiien | o Tre mejee. Inclades the FLOUR UNCHANGED. S T s Mizner Development Corporation .0ans to the extent of $3,04 b ¢ : ly | ments. | d s CNE : = . 2 . : B 0l F e oay Aosiehing and antly | ments. sz April dividend. MINNEAPOLIS, Minn., February | 13 2 Fresh | PALM BEACH, FLA WASHINGTON: MUNSE were obtained from New York banks |expanding commercial establishments The men actively behind the stag. Cash Offer Announced. UP)—¥lour unchanged. ~Shipments, | gathered socond 18a20; stor- | : MUNSEY BLIG : 1 ing of the exposition are Preside Y e | Srifiad heR | position are President 34 83 e . rrade 2 and tru panies, while the re versified tYpes., iness establish. | Martin A. Leese of the Chamber nkers announced that the|34.838 barrels. Bran, ge under s 15 nearby mainder of $170,120.845 were obtained | pont of Uncle Sam, the traditions of | Com :, Rudolph Jose, gene y sh offer will be made to all| Wheat, No. 1 Northe from vate bankers, brol . for city and absorption of the | chalr nization’s exposi- | stoc e Associated Oil elgn bank agenci 1 otk es | Tesident Tn things politi. | tion committees, and Alfred L. Stern, | Compan @ dditional offer e R Uthesiondera e ad mental have uncon | Who is the managing director of the|of exchange of securities as an al in New York City. oty o ipired to hide the impor-|show ternative will be made to all Associ ¢ : ated stockholders. 1 Outside Loans 0 commercial development that is fPoan Wuingn. Jiant ono e : No announcement was made as to | e — v far the rest of the country con. | SN SR BT pien winl_gather |NEW BODY TO HANDLE what dimposition will bo made of the TWO STORES ed to the huge reservoir of funds | ypdger one roof a representative dis Associated Oil Company, but it is ex- | 8 l'l BrORCEe Toans Was mot | DA o nditrial And commereial UNLISTED SECURITIES | tremeis itccly hat it “wiil bo uken ] th and E Sts. N. W. 1 0 the ck Exchange | produets made here, is expected to do nto a4 new combination with of © the institution did ,!,;,,‘l\‘.' : f)’.,,.lvkah n\\m..‘,. NEW YORK, February 6 (#).— |oil properties in which the same : 8”’! and Penna Ave S E b e ; = The Unlisted Securities Dealers' | bankers are interested, which include 1 S s > New Y ) the OQutputs Value $33,000,000. Assoclation of New York, has been | the ifornia Petroleum Company, phroximately §1,310,729, An idea of the comprehensive de- |organized, with William ¢, Orton as|the Barnsdall Corporation and the wed thre Sut-of-town | velopment of business in Washington | president, to facilitate trading in un u Petroleum and Trans- offices, but [is to be found in Government figures, flisted secu It is planned to pro « ontrol of the lust-named show that products manufac-|vide a uniform trading basis for se.|recently was acquired by the bankers o last vear were valued at |curities of public utilities, banks, | and Standard Oil Co. of Indiana in stomers who t gh | $73.008 )00, se ranged from veast | sugars, tobacco and other industrials | terests & < oflices dir ‘ \ ace rie: not now listed on any exchang Uni New Offering Likely. I on broker ! ashington industries { what | formity of quotations issued from a ntrol of the Associated Oil Co. | the I Reserve Bank of | might be called refined™ type. entral u is one of the new | has been r! by other y weekly not the ol ganization’s aims. | large oil “ interests since wrath and sssive oppositior the end of or, when it 1 next | who desive, above all else, tha th > e Ofl € ipt W el e | POSTUM 1S NOW SEEKING Iml b o Stndard Simmons Explains Data. it ideaily the e - ard thetithe n m i 3 lesthetic _as _well as the economic s Ly Sl TN L e ? the, | Scheme for the Bevelopment of Wash-} .S.HREDDED WHEAT CO. S ed stock, pre- New: Yok IStock. B rton ool meton: A NEW Y ebruary 6 (). | sumably Al reasons pre- the Tollowing catenmenge, issued | here is no flaunting of grimy|With directors of Callfornia Packing | venting that com Been A marked tend | buildings and grimier workmen, no}Company scheduled to meet in San|a part in the new combination. TnetaEip ente bl o) mokestackibelching farth yolumes of cisco Monday to consider an offer| It is understood that the transac convert intc or prises 10soot to besmear the beauty of theof $185 a share for its stock made by | tion will eventually inyolve the pub- oF o n and tolpyildings, shrines and homes that have | Postum Cereal Compan o el a100 00/ f made Washington such a beautiful | hears that Po: negotiating | new securities. of autho 2 ot ha cned o 5 kewise call ntion nital. Plants here Qeslgned for Company, manu e il an- | more than mere utility. Their archi- | facturers of Shredded Whols' W c gkhos and e “ney [ tecture is such that they harmonize | e e BALTIMORE PRODUCE. S NACHMAN =] FURNITURE CO. e WASHINGTON D.C. ‘ NACHM AN FURNITURE CO. WASHINGTON DC. — - reeeren! %R 30 LN e b2 » figures pe = reflect, | jngs. They are ideal from the work- | ing $10,000,000 capital s X tive and ame! easing o i yfate 0o ,000, apital stock $100 par. | cial).—Although receipts of nutive and i s s prac:|man's point of view as well. Current assets were $4,433,757 at the | noatby strictly fresh eges continue | securitias Plants Widely Scattered. r and current liabili- |only fair, and the market has shown % tis $3 . with working capital |a steady decline all week closing to se to| In no other city of similar size is 2 i - 1 S . ng loans and advances. indust so unobtrusive. There is no of more than $4,000,000. - ‘l( ‘“ £ ren for firsts in fr ses, a drop of i s contracted upon stock | district’ here wherein all else but in- s g g TR S i iteral have thus come is of place. Plants of all| Both 4 mhore vomplerels | Kinds are scattered throughout the| CLOTH MARKET LOWER. |seneral moveme .“,_“"' Sy loan markets wh unusually well with their surround-|earned $14.17 a share on its outstand. BALTIMORE, February 6 (Spe . 5 DeIiuers any Living Room’ Be‘iroom 0% Dining Room SUite o may select. Balance on convenient weekly or monthly payments VRO g usefulness to business and | Distr] Yet, the majority here = s ::mk‘ Continues cood Sbub b ! variety of important economic | unconscious of their existence, an e Z = o - estricted e exten 3 financial e e Cooliat | the economic. value of this develop-|SLELt Easing in Prices—Fine _\‘x:}“f'l;‘:rlx“fi(»!h;“lnx)lihx‘r_x:” s jalling DS NVl ehange mamics it 1 v;‘n[ fully recognized. - Goods Best Sellers. largely a day-to-duy market, depending { veported includes securitfes | A great many persons are giv 5240 B argely a day-today market, depend) on the New York Stock | gaintul employment who cannot find | NEW YORK, February ¢ (f).—Cot. | entirely on weather conditions, but ut in what proportfon it | plac in the Government establish-|ton goods markets showed little to determine, | ment. Students, trained in local | change today, buying continuing in war. however, the securi.|schools at the expense of District resi- [small lots for early shipment with on the New York Stock |dents, are given an opportunity to ap- | SHghtly easing on a few print and cperienced a notable | DIy their knowledge where it will re- | €loth “numbers. Silk and _ cotton, stock issues on | pay those who made it possible. An|Tayon and cotton, and all fine cot : . numbered only 612 | excellent type of citizen is drawn here | ton cloths in printed desizns were 1.043 on January 1, 19 where residential conditions are ideal | best sellers in wash fabrics. Raw ssues, or T 1nd where an opportunity for well paid | Silk was steady. Accumulations of and wholesome employment is avail- | SiIk fabrics was noted in some quar- | o oun il g aloanty able. ters as forward buving has been slow | FaPidly at 3 42, Youns ..r_mn1 h fat Bonds Also Increase | An exposition, such as the one|&nd spot trading been restricted kens 1 LT isted bond issues have | planned, revealing a cross section of | -bY weather conditions. E e thes ame two | this commercial achievement, will go Burlaps have become more attrac- 3 ‘jssues—an | far to educate the city to the impor- | tively priced and traders are watch- At the be- |tance of a widespread public interest I{WV um. markets more closbly. =inni 3 arket value | in_this phase of life here. 3 t)-_zv(hu.slm akian linens are now being of s ted on New York The exposition is the culmination of :fnt{lul h‘ere by Irish linen import. Stock 1 © totaled approximately | years of gradual, steady, hut sure ef-| ers and sales are increasing. Wool €20:000.000.000. exclusive of United | fort on the part of an active group|E£cods openings are continuing. but Stn'es Government bonds (whose out- | of local producers. The word culmina- | buying is moderate. B s ot o standing amounts on January 1, 1926, | 108 g o s = — and crooked breasts move slow at 30 Rvh Hot et beentirevaried By cating as Toe = 2 and Market for ducks holds firm Foited States Tramenrny Tha mar, | case, it means a signpost, & straw fn FRUIT CROPS ASSURED. e ket value ofelisted issues ar ar | the wind. That is the light in which B Tt ar 3l to Sanith Jouns Hekne e el Yo e oosloted Hssues Amounted) s sy onsorsiviewsthisexposition’ bruar ¥ ¥ small ¢ e T prompt shipments are necessary to ob- | tain top p k. The general live 7 Itry market rules steady to firm on most lines, and | especially firm s chickens awhich are in good d ity noted of good chickens, 2 pounds and under, are in very light receipt and wanted at 38 to 40 a pound capons clean up LR el TRALRY il large old hens continue in mand and values are hig! 81 for medium to large and for Leghorns and poor stock. Turkeys generally are in light ceipt and demand good. especia for medium-sized yvoung hens at young gobblers at 48, but heavy T, SRR I SN to $32.118,877.999, consisting of $34. Is recently | boor stock at 25. in ample 150, ks and $17,638,550,874 Industries on Sound Basis. h;_ue- .Tsm-r 5 !ifi‘)rnlu fruit growers ;nmvl,\ and Guinea Boras: There 18 & qublity of “firmmness”|OL & plentiful Supply of water for the | fowl and pigeons in fuir demand and | g a ality S” | erowing sed B racinits ;. :r moderate receipts. ark st er Cent of Market Value. about. Washington industry that is|SroWing season. Precipitation is under moderate receipts. Market rules | vortha, Tts foundations are sub.|2PoUt mormal for this time of the |firm each for young at T nd 35 to 5 nsequence, Stock Exchange | Doteworthy: 1S T 5 year. 50 each for old of the former and Fota ne n New York. as enr. |stantial. Boom elements are missing. B D e ot L e rently reported stitute less than | Growth has been natural and contin-| T Srie L Younsial % per cent of the total market value | Y0US: I‘fl\“;ms& Y.:lpri‘;p(.;tt?fiirl‘l‘ulx}fi‘tcnll:i CLOAK AND SUIT'S NET. Choic o fancy dressed young t of securities listed on the exchange, it is hardier than is usually | NEW YORK, February 6 OP).—|chickens, ducks and capons are the| - about of the market value | §2C 0% Net profit of the National Cloak and | ¢nly lines thit bring a premium over | 1 of listing exclusive of United States | {88 400 jnqustrial develop- | Suit Company for 1925 declined to | live stock, while turl bring higher Government honds and 10 per | ment has not been of the mushroom | $905,621 from. $1,86: vear be. |Values live than dressed, and under listed stock issues alor Sl e o Mein alifore, > %5376 | change in weather conditions ship- £ 5 - . . . fEanilinniciflen) o B amilaey| L rs o Lo il B itier eplieeral iy y fent |ment of live instead of dressed poul-| This Fine Three-Piece \ Wing Chair oo S U G spectacular forward movement. No- Jiment oblives 5 3 1| where has there been a boom. The ASsets were 8 current | try _is advisable. < Arm Chair quiet and easy under moderate de- | ; <o e Andl Sofa the OFdInary | wree e as mot Teon turaca on i | abilities $2.0 e s Tl ing ol it et Jacquard Living Room Suite. mand and supplies generally ample th "“‘lhidn:«try here hecause of any achieve- E . < anze mar- | ment characterized by sensationalism ss continues | Rather, public attention is being MILLS SPEEDING UP. |for all trade wants at 4.00a4.50 100 to prosper has in the past few | drawn to'it by the exposition in order YEW YOF “ebruary 6 (#).— |Pounds and 2.00 and 3.00 for culls and vears, n the market value of | to show what results have been gained | Increased activity is reported in the | NO- 2. Sweet potatoes and yams are in exchange . but also the loans jand can be gained through steady,|cotton and worsted departments of | Petter demand and market rules firm- extended on their collateral must in-| quiet and unpretentious application. [the Amoskeag Manufacturing Co., | ¥ at 4.5025.50 a barr™] for the former evitably continue to show a propor- | Visitors to the exposition. many of h are now operating at sixty per |3nd 2.0024.00 for the latter, with culls ! them at least, will be surprised at the aps . The ravon depart-|8nd No. 2 stock selling mostly i 2.00 and 3.00. Demand continues good for native 9 and nearby vegetables and all stocl s | showing quality meets with read: MORE ENGINES SHIPPED. |sale at the following quotations Beets, 5.00a8.00 per 100; Brussels NEW YORK, February 6 (®).—|sprouts Tots, 3.00a Showing Current Business Activity Compared With Same Week a Year Ago January shipments of railroad loco-|5.00 per 3 . 1.7522.25 barrel; motives totaled 113, against 93 in De- | &nions, 2.50 and 3.00 per 100 pounds; cember and 90 in January, 1925. Un-|oyster plants, 6.00a8.00 per 100; par- filled orders at the end of January{snips, 50 and 60 basket; spinach, 1.50a were 580 locomotives compared with 250 barrel; Savoy cabbage, 50a75 672 at the end of December. bushel, and turnips, 20a35 basket. 3 5 Forster's regular size. drop “"li,:ht:: sI;Il goi l;pl‘l"lllh(“.' \:d('d, wood finish el crib, i R i ; 3 s net Desk: cou cluding a_high-grade soft ma INGTON STOCK EXCHANGE. The wellknown Utica Day Bed. veniently arranged— tress “and . fuatanteed pliable Standard price, $100. Trainload Sale pric: Standard price $27.00 steel spring: Furnished by W. B. Hibbs & Co. prgond Sale 816,50 el ile S5 0IST 205 Up to and Including Saturday, February 6, 1926. Trainload Sale price Bales, BONDS. Open. High. Low. Close. $3,000—'. & P. Telephone 1st is. . 100 100 100 BUSINESS LEVEL A YEAR AGO- == — == == 2,000—C. & P, Tel. of Va. 5s. 3 981, 973 981 | 68,000—Capital Traction 1st 5s.. 100 81 9955 2,000—City & Suburban Ry. 1st 86 §: 86 .t Nicely Mab GENERAL BUSINESS ACTIVITY for the country a2 2 whole, Indicated by Benk Drpemts 12,000—Georgetown Gas Lt. 1st bs. 98 953 98 ay l1’;-flal;ed l‘u::fd side New York, itndwidh ¢ L = 10,000—Pot. Elec. Power 1st b . . 1001, 100 100% 4 ent o the sake wmek L aa. yous 36,000—Pot. Elec, Power Cons. b e 10015 8914 1003 : Table— ACTIVITY BY FEDERAL RESERVE DISTRICTS 1,000—Pot. Elec. Power Gen. & Ref. 6s. 107% 107% 107% f e prtoe i 0—Pot. Elec. Power Ref 7s. . . 6 1061, 106% | Check Transactions compared with he corsponding wesk: of last yaar 500—Wash. Gas. Light Gen'l Gs. 1001, 9 1oos $1.50. Trainload 00—Wash. Gas Light 6s. * 103 104 10335 1 3 % Sale price, 44,000—Wash. Ry, & Elec. Cons. 4s..... = E 807 i 4,000—Wash. Ry. & Elec. Gen. i TR 23 3 3L 103 6500—Southern Bldg. Co. 614s. . 2 > 10215 Ro i S : 2 2 . - me Quality 20.yea ranteed $00—Wardman Park IHotel 6s.... 0 105% . L3 Library Tables, in various wood finished motal Hede et S et Tl ~ STOCKS P * & ., styles—bolted construction and ing Rome quality coil spring and qualits Felt-base —Capital Traction . 106% ) ks nicely finished— an art tick roll edge, all-white feit Rugs— qg—:‘\'assinfi'lon& (’.‘-?s . . 733 7 Standard pri - mattress— Standard price S18.00 90—Wash. Ry. & Elec..com 5 205 ico $18.00. 5 Standard price $53 Trainload 3 1,059—Wash. Ry. & Elec. pfd Y ) a1 Trainlond Saie price.. SL1.75 Jandaed pric e $3950F Ionker $13.50 LEADING BAROMETERS 451—Pot. Elec. Power pfd. " i 1071 : g g S| = i & H }%.ijt' Elet:i ]P(;‘\“'.“h’ll. receipts. .. 4 = 5 107 howing trend of important factors 9—Commercial National Bank . 250 Present Tresd 53—District National Bank .... 233% ; o IS5 226_Pederal-American National Bank . 400" usiness in rs | ) ly L . 12—Liberty National Bank .... * 209 : 212 Employment [Det. of Labor) . . 10—Lincoln National Banic .. < . etropolitan National Bank Wages .l)-w:ofM«T SRS —Rizgs National Bank.... Cost af Living (Ind. Conf. Board] . Stead, ;g—l\%\'ashxmgms National Bank A —American Security & Trust Whok-sale Prices [Fisber's Indea] . 35—Continental Trust Agricultural Prices [Dept. of Agsi.] S et ek e et 2 —National Savings & Trust . Movement of Goods [Ca Loadigs) 309—Union Trust . Retail Trade (% 20—Federal Storage pfd Beat quality all red Ceanr e rade [Fed. Res. Board] - 1,166—Lanston Monotype ...... Chest, absolutely moth.proof. Wholesale Trade (Fed. R 1 - 306 123'{(;’:{‘(“";:“:5 -;l?": Storage. .. : 45 inches long, 17 inches high, New method latest Large Dressers in Large comfortable L Merchants Tfr, & Storage pfd. L 18 inches wide, fitted with Massive Round Fber Rock- Improved Gas Heat 2 Pice walnug finish Arm Rocker, durably Failures (Dw’s] . ~ 674—Mergenthaler Linotype ...... —spacious drawer 1,510—National Mtg. & lni"pnld. 4 6 lock and key— ers, Have separate automo- ©TS, asbestos lined— room and extra size CONStructed foryears Bond Prices [Auaiia] L Seeurlty Storage : g ; : bile spring seats— . swing mirror— of service. Stock Prices [Asnalix] ." —Washington Market ..... S tandard price tandard price $11.00. S¢andard price$35.00. Standard price $10.00 ; UNLISTED DEPARTMENT. 5250, Trainlead Standsel xlce §12.58. Trainload Trainload T load @ Stock Mkt. Vol. [Shere Traded] R e : : salo price o2 $17.00 Trainicad Sate priee 9819 S Prices $7.75 Toinend §23.50 it $6.50 L . Raleigh Hotel T g Compiled awd Copsrighted by Cambridge Associates, Boston B ket e : - 2 s - i i0—Departmental Btk seveersvvesorcns 7 i e e e e ot s i i TRRI L LIV LATIPEREEAL & A LT L i Aol agta 5 57 4L