Evening Star Newspaper, February 10, 1926, Page 23

FINANCIAL PRICESARE STEADY AT CENTER MARKET Weather Fans to Change Quotations—Vegetable and Fruit Review. YORK. February 10.—Fol- is an officlal list of bonds and stocks -traded in on the New York Curb Market today: |t o Allied Packers & Alum, 2ot % Heavy this mo murket the numby snow fall last 1= did not me: Tevs. It r of huyers nizht and n much tn blv reduced however. but | hed litike or no hearinz on prices. 1115 said. @ feeble effort was made on part of certain holders of exg o prices. but such a hoost, aecording 1o dealers, would he short- lived here o traf most persons in AZE L0 find @ way 10 market. especially tairly . Live poultry has been scarce the Past several davs. not an unusual thing for this season of the vear. hut | mple supply of frozen | demands | were substantially | hat prevailed at market i Eaas i nm‘}~ 10615 1043 2 Det Cit has been in or the country untry pl 0 zet i come rence | ds. but s - their e; prices or 3P M_B1ys( ) Onio Pow Pan Am Pet G e Ohio Today's Wholesale Prices. i BRI & one-pound p Transcont Fm bl Rub S K ints, 51| > receipt 136 hennery, 37a10 ltry—Alive, turkevs dressed e dinm. 16: lizht, 17 ders. 21422 fresh *Fruit and Vegetable Keview. Today's market report on fruits and | tcompited the Mark reau of Agr Tnins ms, 2 Supplies moderate: demanid rtly account sn market | Jbarveis, Penmsylvinia. A 23 neh’ Black Tow 1 Romes, mostly | 6.00; Vi 23, -ineh Black Twigs. mosily Sinel, o tly 5,00 New York, inch Buldwins, boses, Wasninzton, medinm to 1 extra fav Win, Stayman i Sinad ¥ T4 Siemens & hel Daskets STANDARD OIL ISSUE Satesho | i de- ! mar- | 13 and | :old Lranish moderate; ount snow. A K. Florida himpers, Puinted type 40, mostly 3 K. per ton, . partly a new’ s el vound type. 3.00; o, SackAlow 1800 Tmble O & R. 1y 10 Minos P 1 light: demand 1 1X00 Im Ol o L nrm fou sale quality, a1, mostly ket Trading pplics Green. 1,00, 1903 o e o 30002 0 11000 0 d light, market aull and Aviz dozen, idie 11 el hampers type fair quality L Spinich—supplies heavy: light, partly uccount of snow. dull; bushel type. 1. . few highe olina, cloth toh_ven type ‘mostly. Onions- slow, partly ateady: New pound " sack mostly Potatox mand lizht. eady: snow al V' 5 type, | bush- mostly | Teebe demand | u Colimbia S SChoan Cont T 1P O Co 100, upplies Dartly secount snow Michizan a7.0 Suppl e mar- Sew Mex Land Ol & Gas timite ket tiri vy SALES. and Potamac Tomator mand limi pexi conmn Cary mand i<kl String Telanhone polies moderate: . warket duil American National Transfor and Storage pfd.—10 i + Linotype—10 at ns—Supplies very veported o guote uppiies lizit: o wy: Cuba, mostly 600 very fancy. tair mand [ ac 101 pepper AFTER CALL, National Bank af Washington— Whehinetan Railwar and Electrir 1iplie vat lizht at “on nid. Cuenmher 1.000 At ida. no dem how e, Supplics very bisht i dull upplics en market nd limited Tawoser marker en cartons, | wpnlics on Rid and Asked Prices. BONDS. PUBLIC UTILITY Bid wherries— Supplies account Florida, pony per quart Supplies ver moderate market bushel hasker:, mos very lizht weather. vefvizer market Timited dull: Tizht: temy: .00 demand o Texas I & Tol Anscorts & I"Hlfln'al: Ba. Amer Ame, & suburhan argetawn Gas 18 Flec. 16t Government Expresses Surprise as Surplus From 0ld Crop To- tals 8,000 Carloads. . Cold . A A e STOCKS. PUBLIC UTILITY. g Tel & Telsa CHICA anian prospeets ar of concerted action Chicazo hotels 1 anion baveort, 15 pe than last vear are being planted in Texas. California and Lovisiana. An otiicial report today by the Gov- ernment Burean of A ultural Eeo-| romics says southern California has | the bigzest aze of new onions in | four vears. The principal gain, aver, ‘compared with Ix Sonth Texas. Surprise over expressed by the The present av anjons in the 1 mated at about mest hountifnl Steamboat, Tot . nid Pt Fler Pow. vv‘m S Waint Ry, er. om WIIN Rws € e pra NATIONAL BANK. National Capital.. s Shum Somime Fimare: & Mechanics’ how- in is | Tadaral-Ameriean inasmuch Literts - tock of | nited is esti- S000 e de. the Snpply on rec Second National Bank af Wash.. | TRUST COMPANY. = G | American Sesurity & Trust ROAD'S NET IMPROVES. SlMtinental Tost Tvante Bank Yarion Savings & NEW YORK. Kebr Surplus of the Chicago A Truat - - Do T st Western Railway for charges has turned out SAVINGS BANK. what better than® was shown in preliminary report in January, F erick W. Sargent, president. revealed trday. The amount was $10,784.578, | aqual to $6.35 4 <have on the common | after preferred dividends. The pre- Mminary report made it $10,433,000, or $5.10 a share ary nn-r! th he some- Senth, Street Tnited States. | et Secnaric ; FIRE INSURANCE. . American Corcoran nia Title.. [ Golmiie M MISCELLAN otd. n.c. mn—rrran""m repante. Tran. & Stor. vfd ]||] mhnler.‘l_“:‘-‘ohw lmu-_h “Market vfd Monotyve .- oraze on M NEW CROPS SUGGESTED. FARGO. N. Dak., February 10 (Spe- sial).—Increases in fax. alfaifa, clover and potato production, no -change in wheat plantings and continued large production of corn are urged for the farmers ef the Northwest hyv the effi- cienc® pxperts for The Depariment of Culture Natl old Tanst arri Waching Washington Stock Exchange EVENI NEW: YORK CURB MARKET !hcdvel by Private Wire Direct ‘te_ The Star Office i Peer 01l Corp. . . 4 Bew Bank OIl Pet . Quinian INDUSTRIAL < Abraham & Stra 30 I Ala Soutlr. . 106 Alum ‘Ca new -0 630, b Port” Gem 1 . & Trae pl114 Muluzr Co Am Pow & L nw i Am Ravon Prod Seating . ks Val G & E 104 § Tiorien Cn 4 Brad Fircprri ) Bridgepary Mach. irre & Central Steel ‘entril Pin C Trm n of Ho A wi Joeliiar Dis (. Donvinton St L Dilier ( Tond & Shosi1 B'E flv.'., ndation P Theaters Ed Bak Rak 1 “ream s P ¥ Hellma; 1Hom & Hardart 8 Horn & Hard Ris 21nd Rason (o A 3 Inter Contl R 1 Inter Gon R D Intarn Uil B Johne Manville 1 Ridio « 16 Narth O 1 Nor Ont L1 4 + Nor On Lt & Tender T Groc Pann Wat Fox ~. Srener Tadta vie sa 1R South Gas kP A sou Pk Son Bads i W Soy e ¥ Shirthw 1 <o 15 R % Stand T Stand Tank Ca ¢ 1 Sirock mswin & 5 Tampa Eiec 3 Thermiod Rad ¢ 2 Thompon J iToh Prod 5 Tower. Trans Li Bank—10 at | 1 Pou e Sew % 'Co MINING 10 Amy Globe Con, 1 fabuveras CMim & S TREASURY CERTIFICATES (Quotations turnished by Bedmond & Co. SHORT-TERM SECURITIES, ; (Quotations furnished by Redmond & Co.} | Adirond. P. & 1 C. fix 1920 Alum. €o. of Amer. 7a 1 Amer. Beet Sugar s 10 Am. Tel. & Tel. Co. 4x 1 Anaconda Cooper 65 1920 Ausociated Oil 65 193K Baltimore & Ohio_ 85 19 Tethlehem Steel hr 1936 Central of Georgia s 1070 | €ni.. Mil. & St Paul 6 Chi’ R L & Pac. Blan ty of Lyon aa 1033 e 23325 23%32383R3 ¥ 3393351 CE 33%32 TR Friimrnted Metals % Tt Fishar Body Corn. s 1 Goodyear T. & R. 8« orthern iy Cor. i’:(‘d‘-n i Hock. Val Humble O} PSS s s i s e ==3503! 233255353 Rerer RIR: 741030 Sinclair Cr. il P C Swift & Co. 5s 193 Tion Oil Co. Calif. 5a Tnion Pac. R, B, C. 4 1. S. Ruhber 7138 10: Weatern Union 673 1 Westinghouse E.&1 vt A e e 2ssS s AP S 3 2238333333R32323353 253BIR2TI PETEETERE W o PN l More than 300,000 unemployed in- Austelal workees af Poland have “bean resteters, by ‘the governnient. | AR. WASHINGTON, GOTTON ADVANCES INEARLY TRADING D, Today—Weekly Report on Weather Studied. Br the Associated Press . NEW YORK. February i0 futures opened steady. March, May, 19.73; July, 19.03;.October December, 17. The market .opened ai unchanged prices to an adVance of 4 points. The easier showing of Liverpool induced a litte selling and further March liquidaton accompanied reporte of an casing spot basis In the South Offerinzs were comparative however, and the market but steady during the fi March holding at about .vester losing quotation. while later monihs points, net, higher, May 9 and Octoher at 18, Private cables reported of March by Manchester fnteresis in Liverpool. but said the continent was ni distant deliv and that re norts from Lancashire were «nconr aging. hot New Orleans- Quotations. NEW OR! Febrnary Cotton futures opencd steady. March 19, May, 19.06: July, 18477 October 17.56: December, 17.33. - The m opencd easy. as cables were unfavor uble and Brst trades showed losses o 1110 7 poffis. Eearly sellers here ve hought New York opened steady {and prices rallied to 19.63 for Marc 19.10 for May and 17.60 for 1 10 9 points up from the h to 3 points, above yvRsterdaw's At the end of the first half hanr ding prices were steadv find st the 10 The weekly conditions’ favorahle preparations in the but showed little pr preparation in the Cotto NEW fartn weather report shehwid for new eran uth and Wes) e<s f the eran Values at Noo February 1 am. hid May, 10.75: Ju December uul.l.,\\' Februa futures. noon hids, steady | 19.68: Mav, 1813 July, 1836 Octoher, 1 December. 17.63 | GET $300.000,000 MORE —otton cady anT 17.0 11:45 20.26 | Farmers Profit Extensively High Prices for Meat Animals, Reports Show { Br the Associated Press | NEW YORK. Febroary 1o {Droximately $2.000.000.000 wa | the packers of the United States to the farmers fn 1525 far meat nimals dressed under Fedaral inspee tlon, an increase of nearly $300,069.000 |over 1924, it is calculated by Oscar LG. Mayer ‘of Chicugo. -president of the Institute of American Meat Packers Thix increuse in lve stoek values wi a substantial contribution toward an {mproved agricultural condition, squiv alent 10 an increased average value of {about $4 per head on every beef ani mal. sheep und hog drexsed during the vear. a statement said The chif increase occurred in the price of hogs, which averaged nearly | 50 per cent higher than the vear Defore and almost 50 per cent higher than 1913. & normal pre-war vear Prices paid for cattle increased 10 per cent. calves 20 per cert and-sheep and | lambe 12 per cent. The hog =apply was 20 per cent smaller than in-1924. Present hog prices were said to be {19 per cent higher than a vear ago. when prices already had shown con siderable advance aver the: levels wHich prevailed during much of 1 the report sald. STOCK PLAN APPROVED Shredded Wheat Cnmplnv will n-e~ | classify Shares. NIAGARA FALLS, N. 10 (P).—At the annual mesting of the stockholders of the Shredded Wheat Co. late vesterday approval was given the reclassification of stock, wheréby the 100,000 shares 6f common 6f $100 par value each will be replaced by 400,000 shares of no par value and An { share of the old. Reports of officers and executives [\hn\l ed business of the company pros. peronr and the net income for th. {vear 1925 fo have beeq $1,391,75¢.4n, LEASES 13 FLOORS. ! General Morors to Expand Offices| ! in New York, | NEW YORK, February 10 (#).— The General Motors Comporation has leased the 13 upper floors of the 22 story addition which is ¢o top the present_three-story Colonmade Build inz in Columbus Circle. The General Motors' term of 21 years. and calls, for an jannual rental of $700.000. Announcement of the lease led to unconfirmed reports that this, was the first step in a shift of the com- pany’s general offices from . Detroit | ta New York. PARIS BOURSE UNSTEADY, PARIS, February were irregular on the Bourse foda cent rentes, 45 ‘francs 50 centimes. Exchange or 132 francs 76 centim: “Five per cent | loan, 55 francs 30 centimes, * The deol lar was quoted at 27 frAhcs 30 een | times, R 5 — JAPAN ORDERS un,s NEW YORK, February -10. ().— Subsidiaries of the United States Steel Corporation are operating at 838 per cent of capacity, compared with 37 r cent a week ago. Continued eavy purchases by the raiiroads are reported, particularly in track materi been recelved from the Japanese allroad. FAGEOL MOTORS' NET. . NEW YORK, Februiry 10 (#). Fageol Motors Co. of Californla had net profit of $310,124" atter charges for 1925 and gross sales of $5,345,688. Sales the year before were $3,389,407. Royalties under the Amerfcan Car and Foundry contract, it was stated. would be $75,000 in 1926. Profit and loss surplus at the cloge of '192% was $511,142 against $201,017 in ‘1924, § —r FUNDS FOR xxmsmls CHICAGO, Februaty 10 m—sev eral new extensions’ and - fmpro: ments in the properties of the Amerl can Public Service Co. are being |financed with part of the proceeds ot an issue of $2.500.000 Tratiich 5 per cent bonds being offéred today by Hal- sey, Stuart & Co. and A. B. LoacH & Co. at 33, ylelding about 5.65 per cent. In addition the company's $474,500 & L per _eent eollateral notes - wil* he- ¥a- Aired with &’ part of ¢hose-fands Selling in Manchester Factor! was quie i | +| subject lquidation | st owinz 1o rain. | peid | Y., Fébruary { four shares of new stock given for one 4| lease is for a ,-. i 10" P).—Priees Londen. | An order for 7,000 tons of rails s || government for the South Manchurfan | C., WEDNESDAY. FEBRUARY 10. 1926. Money to Lean Pravailing interest and “commission. Jouph I_Wemr . "’;;,‘; - EY E‘RYMAN’ Y INVESTM ENTS BY GEORGE, T. HUG LB Money To Loan cxed D Haste 1s Dangerous. ‘Coming ‘now “ta the questibn { medium for the investment widow's funds. the proceeds of a { paratively small insu fl “point is always advisahle His. pever E [ment. Quick decislons quired. Speculators often h Iseize an opportunity Instantly. that is never the case with inve i A choice of should made oply after careful examination | of thefr mérits and comparison of | opinfons from conservative and well | 1informed authorities. Above every thing else, never he persuaded to- b a stock or bond on the iment that | | if action is not taken at once the op {portunitv will he lost. Vendors of stocks commonly use that ( to dispose of their w It is - : Commercial Nat'l Bank rlably a We shall in 11th and 6 Streets Resources $17,000,000 GOLDEN DONALDSON, PRESIDENT ot of a om eatate |'>n||vm m charges Prevai rerest et o Gardiner & Denl Inc. Main 1534 rat Min not but ws, | e ON SAVINGS ACCOUNTS Any Other National Bank in Washington Interest an DAILY Balances “ome insand lef,us explain Than the equent hut prineiple applies 1o in- | rticularly. when {meanwhile (he I vestment = one has only thut er the K. cen the ah carns mo ve | {Town is not valid f it 1= wsed (0 justin luck of full consideratfio e i {=embling of all the facts before @ com- | { mitment is made. The loss of & month st ks not 2 tance Netive money receive attention We will gladly and give prompt applications for Loans on Washington Real Estate Current rates of interest. Shanld vou have Money to Invest we can also take care of you. Our experience, ex- tending over a period of Thirty-Five Years insures” vour protection. Percy H. Russell Co. 926 15th St. N.W. | enouzh wvised haste Time and asaln in a s us an investment v entreated to wive eply. sometimes by el e inquiver not 1 Fpears 1o him o chance thit Iretura, 1 have never kno instance of this kind where the curity asked ahont did not involve {Epeculative risk, offen excessive risk. The course, then, that is indicated for | the widow. whos nance fund available for 1t is o deposit | {the oney. in » the savir Dank if she b int elsewhe until a4 perm ram { formutated. tor long series of 1dviser T have an immediate may can \ Fool and ‘His Money. The fact that a stock certificate is fprinted in faney green serollwork is 1o proof that it is worth any more Lthan ordimary wall paper. Thousands in Washinzton would have their money if they <imply had Sked thelr hanker ta tell them what he knew of Aupposediy wonder of people come [ ful investment SECURED BY First Mortgages priscipal and interest of which are GUARANTEED ®y an eutstanding SURETY COMPANY May be purchased if de- sired on Meorris Plan of deferred ‘payment and §% paid on instaliments THE MORRIS PLAN BANK Under Supervision of U. 8. Treasury u'st Morfthg:g,‘e_‘f“d' 1408 H Sereet N. W. ; 7 The F.H.Smith Co. | wiih Bilg. A : An Attractive e g "Real Estate Bond Issue The Building: A new stricfure fo he amect Hall Dy at Aze 30, Date of Full information LeROY GOFF 510 Woodiward Bldg. Birth for Insurance— Al hrane Main 350 FOR SAT !l Union Finance Company A block of thirty shares of pre- 1|l terred ana thirty of comman. $900 for the blocktoyield 87, Phone C. C. Balley, Cleveland %61, o1 story “offie in the Ciy York REAL 'ESTATF. LOANS FRED T. NESBIT I INVESTMENT BLDG. Main 2392 FIRST MORTGAGE il - Money at 517 Very Desirable Conditions Granted | Tyler & Rutherford i Loan Correspondent The vaine ments i the Loeation: parmane hecausn ot 1ras made. hr the iy 10 butldings Tmmadiate vty Bonds:-T0ill he sacurad e an an Ma-tzags e fes than *ndependently aporaised Vallie of Court Square Properts Court Square Building New York City First Mortgage 6% Bonds Due Nevember 1. 1938 i 993, yielding over 6% rirewtar dnd Bookier” sent wpan '| Mutual Benefit Life Ins. Co. i Newark, N.J. < E H Ro“lns & sons H Founded 1336 - 1018 Vermont Avenue ' | [l 416 Woodward Blde., Washington Phone Main 475 Bojton R T S S request for Newr York Phitedel ph Denver o San Franzisca Investment Today Means Income Tomorrow You'll Find Certain Safety For Surplus Funds in Our FIRST MORTGAGE NOTES The fact that over 50% of the na- Hon's wealth is in real estate, secur- thg millions of dollars worth of g _Mortgage Notes, showis them to. he | v the chosce of snvestors. | Interest Paid the Day Due Mortgage Department - 16%2% Equitable Co-operative Building Ass'n N JOY EDSON, PI‘MMQ t Secretal AN eanized 1810 &4 PLETED Assets £3.031,814.8 $1,352,749.93 Subscriptions for the 90th Issue of Stock Being Recei ed ‘ /\\ ik Systematlc Savmg I . Sptlls Success " " ¥6u know the old adage “From little s2 acarns big ogk trees grow.” Likewise a \ o 1 - . “little bit of your salary deposited regu. - “PER ; Jlarly edch pay day’in the Equitdble will, ‘MONTH “eventually grow into a’large amount. FRANK P..REESID 46th YEAR CO! Surplus o I THis is the result of svstematic’ saving. Join. today. 915 F Sireet NW. Sceured by first deed f irgst on real eatate . & Trust V- Thomas J. WE PAY MORE INTEREST' ' First Mortgage Loans Towest Rates “FEDERAL-AMERICAN- l| NATIONAL BANK 71 RESOURCES, - $14,000,000 1315 F Street JOHN POOLE, f ntercst ahd Commission isher & Company, Inc. 338 15t Ntreet First Mortsage Notes For Sale n Denaminatiors ot $100, $250, $500, 51,000 an e 637 Interest Seenred an D. O Rex) Fat: Wm. H. Saunders Co., Establ ed 18R K Street N.W 10165101 Presidert uw:@oooooooc o8 UNLIMITED FUNDS Available for FIRST TRUST CONSTRUC! l"lON LOANS Amly Onr Laan Dept. N. L. Sansbury Co., Inc. 1118 Fye st N.W Main 5901 _» 0000000000000 02 Inc. 0 * * * * * -, Metropolita’n Life Insurance Company OF NEW YORK FIRST MORTGAGE LOANS Apply to WEAVER BROS. Realtors ’I 809 15th Street N.W. e Over a Quarter of n Century's ofac More Service— Ferience Better Profits Our cxperienced property management includes more than the simple col- lection of rents. We ana- lvze vour property to de- - termine the most efficient management method, take care of every last detail in its upkeep. show vou a seasonal statement with vour profit estab- lished. B F. SAUL CO. Main 2 925 13th St NN “Wehy gamble your capital— Simply to gain Experience?” UR.T give you twenty vears of ment Experience you how capital placed . utives will he glad to the advantage of Profitable Invest- They will' tell can he safelh First Mortgage Notes Sacured by Washington Real Estate and Payina An Annual Income of 637 Investment Department 713, 715 and 717 14th Street Main 2345 The New York Life Insurance Co. Offere to Mak First Mortgage Loans On Improved Real Estate in the District of Columbia and Nearby Suburbs.in Montgomery County, Maryvland FOR 3, 5 OR 10 YEAR PERIODS. 512% ON APPROVED SECURITY Apply RANDALL H. HAGNER & GoxPANr MORTGAGE LOAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Houses Business Praperties Apartments | Office Buildings ‘—on _improved D C * property at prevailing rates of interest: e My, Pield Hedges & Middleton, Inc. " REALTORS 1412 Eye St. N.W. Franklin 9503