Evening Star Newspaper, February 28, 1926, Page 103

SUNDAY STA‘R. WASHINGTON, D. ¢, FEBRUARY 28, FINANCIAL. LOCAL INDUSTRIAL EXPOSITION REFLECTS BANKS’ CO-OPERATION Second Annual Exhibit Here on March 4 Due to Combined Efforts of Banker, Industrialist and Depositor—Bank Clearings Are Climbing. FINANCIAL, THE 1926 PART 6. SP[[‘,IA[ SI[][}KS | BOND SUMMARY FOR THE WEEK Ask Your Banker About INSURANCE TRUSTS N. E. ELLSWORTH, Gen. A Aetna Life Insurance WOODWARD BUILDING Small Loans To Arlington and Fairfax County, Virginia Home Buyers Money advanced within o 36 hours after applicatio L. Garland Kendrick (‘Iarendon, Va. Clar. 422, Money to Loan first deed of trust on real estate. ling_interest and commission. Joseph 1. Weller 420 Wosh. L. & Trust ds.. 9th & F N.W. — 1925 High. | 10129 INWILD BREAKS, 16119 1021 101=3 100-25 Libert s 1928 1039 10217 101-29 Liberty 4th 414 1933-38. . Saturday Market Has Excit- ing Finish as Bears Raid Tast. Yield. 101-2 382 1023 389 100-26 3 86 101-4 378 102-11 590 107-26 378 Low. 100 24 102- 100-24 101- Tow, High. 101-4 . 1025 . 10027 1014 10212 102-9 . 10728 107-24 Frev. wook's Close. 99 101% 9T% 102% 875 ¢ 2am 1 o 2 101-21 Liberty 1st 414s 19 100-28 100-17 Liber: 1st Trust Loans ON ATTRACTIVE TERMS Tast. 98% 101% 97% 101% 87 | Low. 98% 101% 97% 101% 87 High. 99 101% 9% 102% 87% High. Low. Low. FOR| 97% 9613 Argentina 6x A 108w Argentina 7x 19 7% Australian Govt 5s 101% Austria 7s 1943 881, Belgium 6s 19 BY CHAS. P. SHAEFFER. tive, therefore, of the active co-opera- 108 10 106-9 Treasury 4% 1947-5 Weak Points in List. 110% Belgium 71:s 194, Belglum 8s 1941, Lo10% L 108 111% 108 The second annual industrial ex- position of the Washington Chamber of Commerce, which will be held at 110% 107% 86% 110% 107% and business man and of the support of the bank-using public at large. tion of effort on the part of the banker We Also Have Funds for Metropolitan Life Insurance Company OF NEW YORK P2 1926 . 86 103% .. 103% - 102% .o 102% . 108% . 108% 48% . 98% 102 108% 104% 86Y% 104 103% 102% 101% 109 864 103 102% 102 101% 108% 108% 45% 98% 102 103 104% 104% 984 102 CONSTRUCTION LOANS N. L. Sansbury Co. Inc. 1418 Eye St. NW. M 5904 Bordeaux 6s 1934 Brazil 85 1941. % Canada Canada Chile 85 1926 Chile 851941, Chile 8= 1946 Chinese Govt Ry 5 Copenhagen 5 1 wu. Close observers of economic condi- tions know that not an insignificant proportion of the present era of pros perity can be traced to the broader industrial and business knowledge of bankers in Washington and in every other center throughout the country. The banker is now conversant with a dozen businesses and industries where before he was content with little more than his own routine. | Such a changed attitude is bound (|| to find reflection in general economic conditions. The personal touch, of which so much is heard these days, becomes a great practical gift when it means expert and technical repartee between hanker and soliciting indus- trialist. As might be supposed from the fore- going, the role of hanker is becoming of increasing significance. He is tak ing a more and ‘more important pa in the industrial development of Washington and the Nation. and there is no doubting that he will loom as a still more vital factor in the fu- ture. | the Auditorium beginning March 4, does not represent the work of one group alone, but reflects the combined efforts of a number of closely knit fac- tors. Lacking co-operation ‘among them. 9n exposition of the type to be held and prosperity of any kind, would be impossible. 10714 | The part played by the banking and 103 | financial community in the erection of 104% | an industrial structure is often over- 104% | looked. Admiration for the spectacu- 99 {lar achievements of industry. here 10274 | and elsewhere, tend to blind the pub- 102% | lic eve to an appreciation of the vital- 80% |1y important part taken by the men 6% | 93% FIRST MORTGAGE LOANS Apply to WEAVER BROS. Realtors 809 15th St. N\W. Main 9486 1035 | 102% 102% 101% 109 1084 46'% 98% By the Associ NEW YORK, liquidation clalties brought about lent declines in today’s s checking rallying tendencies number of high-grade ralls and indus. trials. Both the rail and industrial averages showed small gains on_the day. Total sales ran over 925000 shares, American Brake Shoe and Foundry which had sold as high as 180 earlier in the year., collapsed 35! points to 125. Foundation Co. broke 29 polnts to 127 and then rallied to 12813, as against the vear's maximum of 179%. General Electric dropped nearly 12 points to h. New York Canners, 11% 10 39, and United States Cast \ Iron Pipe, 10 to 180 Selling of these issues with bear traders, who timed their attacks so that the full force of the selling pressure fell just before noon. with the result that the extent of the declines was not revealed on the tape until after the market had closed. Some Issues § 2. Strong buying support was ent throughout the session for of the so-calied Morgan and First tional Bank stocks, including States Steel common General Motors and New York Cen. trai. the net gaine in which ran from fractions to 115 points. Revival of rumors of an early de cision Dy the Interstate Commerce Commission on the “Nickel Plate’ merger infused new strength into the Van Sweringen issues ckel Plate” common jumped 93 1o 171 on a few sales 1 Chesapeake and Ohio and Erie first preferred advanced about a point_each. Active short covering took place in & few Indusirial issues under cover of weakness in other quarters. Net ¢ =ains of 2 to nearly & points were recorded by Commerclal Solvents A, an Pont. Interborough Rapld Transit, Manhattan Modified Guaranteed, Na- Humble 011 & Uonal Lead. Pressed Steel Car and Indlana Stee! Union Tank Car 820, 89 inter Mer Marine 6s 1941 Commodity Markets Mized. e markets were mixed springfield futures rallied about 2 DnckasannuEies probably due, in part, Liggett & Myers 5 1 covering. Cotton Manati Sugar s { 7125 19 net decline of 8§ 1o Midvale Steel s 1 18 points in reflection of the easfer spot condition in the South. Coffee and sugar prices held steady A jump of 140 points to 13.90 cents in Polish zlotys, presumably on gov- ernment buying, was the feature of the foreign exchange market. Most of the principal European rates held steady. demand sterling ruling around $4.85% and French francs around 3.67 cents. WALL STREET BRIEFS NEW YORK, February 27 (@) Net operating incomes of the first 41 railvoads to report January earninks was $386.000 less than the $40.767,000 yeported by the same number of car- rviers in January last vear, Gross rev enues aggregated $301,367,000 against $305.808.000. December net operat ing income was 000, o Press - Heavy of pool spe- series of vio- ock market, in February in & numbe *WE PAY MORE INTERI"ST1 ON SAVINGS ACCOUNTS Than Any Other National Bank in Washington Interest on DAILY Balances ! Come in and let us explain Commercial Nat'l Bank 14th and G Streets Resources §17,000,000 DEN DONALDSON, PRESIDENT | a Denmark 6s 194 : Dutch Kast Indles 65 1947. st Indles 6s 1962 French Govt 715 1941. N French Govt 88 194 rare, indeed, for an industry, or a unit within an industry, to climb high without outside financial assist ance. It is almost a foregone conclu sion that a business not needing such help at one time or another is of negli- zible fmportance. Industry and finance depend upen each other, and it will Dbe observed that in Washington the two work in close harmony, not eniy for their mutual benefit, but to the public’s advantage as weil. Banks Must Aid Industr. The banker must be able to see and think with the industrialist. Unless he can. unless it is possible for him 1o visualize the needs of the future— and to keep a firm hand on the pres. ent as well—industry dies a lingering | reason to believe that. with Washing death. And sometimes the demise ls [ton growing as an industrial center. not of the slow variety. the 1926 total will prove even greate: Money is industry’s life blood. the [ The year has opened rost propitiously banker the doctor. Expert advice, [and the present state of business and counsel and aid must always be in |industry in the District of Columbia readiness. { bespeaks a continued high level of ac That the public has a material and |tivity during the current twelve personal interest in all this is obvious. | month. The banker can get his money from| As the time for the opening of the but one source, the investing or sav- | industrial exposition nears. a careful ing public. Tt is to the advantage of [examination of conditions in the busi- the public from moré than one angl < and industrial as well as finan then, that the banker and the indus: | cial community gives rise to a solidly trialist co-operate properly and to the | founded feeling of confidence and tullest extent | optimism. | Unless Industry and business receive | The total of the husiness transacted their full measure of support from [at this time is markedly larger than banking community, their effi. [il was in 1925, and the number and ciency Is impaired and the public suf-| Value of the products manufactured i ‘ers in no small degree. On the other | here show a conservative but heart- | 5, hand, nnless the banker is able to|ening advance. | shie Of his depcalted Minae 1o g he well maintained steadiness of | | sareful manner, the pub local economic conditions has been an , | funds ave not doing an honest day’s|Important factor in the bringing to || ihor ani Wil mot. Sarn’ B ‘Ronkst | Washington of fiat formerly lo lhys e cated in other cities, marked sta- What Exposition Means, | bility of the the whole ‘? 1 general mosphere ol ate The three elements, the banke | strensth, haye had an excehent par | industrialist and the depositor, | chological effect, reflected in increas. | therefore, all working in the same in-|ing prosperity. greater business am terest and at the same time they are | remarkably bright prospects. i contributing to their own material he rger number of di S at well being. Prosperity for the individ- h the 1926 industrial exposition of tf al exposition of the ual in all walks means prosperity for | Chamber of Commerce indjeates the | the community as a whole. |gain which has . _The_industrial_exposition o o pene i fod CURB QUOTATIONS e ok conse o SHON DECLNES s - v NEARING COMPLETION panies to Be Joined by Strong Banking Interests, Japanese 6135 1 ; Lo Jergens Utd Margarine 6 1947 Poor Richard Said “If you would be wealthy, think of saving as well as getting” It's not a new However, So that you may enjoy future financial independence we offer vou Our Partial Payment Plan in the purchase of Fi 1rst Mortgage Notes Annual Return 612% Investment Department Marseille 6s 1934 Netherlands 6s 1972 . Paris-Lyon Med 6s 19 Queenxland 6s 19 Queensland 7s 1641 Rio de Janeiro 85 1946. o Paulo, State of, 8% 1936 Seine, Dept of, 7s. ... Serbes, Crotes, Slovenes 811962 den 6% 193 Swiss 5135 1946 United Kingdom 5125 19 United Kingdom 5% 19 INDUSTRIAL AND MISCE 103% Amer Agri Chemi 99 Amer Smelt & R 107% Amer S 103 Amer r Refining 68 967 Amer Tel & Telcl tr 4x 1 1007 Amer Tel & Telcltr5 42 101% Anaconda Copper 6 104% Anaconda Copper cv deb 7s 1438 904 Armour & Co 4! 9 99% Atlantic Refinin. Bell (Pa) v Bethlehem Steel pm s 1936. Bethlehem Steel s f 65 1943 Chile Copper 65 1932 Cons Coal (Md) 1st ref Cuba Cane Sug cv deb 85 1930 Detroit Edison ref 621940, Dodge 65 1641 Kmpire Fuel & ¢ 113% . 100% . 103% 89% 93 originated idea, Bank Clearings Climbing. Washington is fortunate in having a group of progressive and loyal bank- ers to back up its industry and its business endeavors. R clearings here ran well over one billion in 1925, and there is ever 4 105% 103% l(m‘/'n }"'2 }“j: We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of inter- est. Should you have Money to Invest —we can also take care of yvou. OQur experience, ex- tending over a period of Thirty-Five Years —insures your protection. Percy H. Russell Co. 926 15th St. N.W. appar- most Na 104% 99% 107% 103% 97t 102 103% 105% 9% 100 102% 105 100 107 104% 97% 10214 104 106 9% 10015 103 96 9T N ] 1024 1018 106% 91 10014 103 9 100" 103% 95% 9t 1084 85 99°s 1075 961 102% 102 10 1067 105% 105% | 110% /110! 121 121 102 102 103% 85 9414 10 1051 9714 100"y 102 94'% 102'% 115% 1041 9% 108% 103% 9874 101 104% 102 10814 96% 997y 1091, 86 100 1081 97 107% Commodity Active wheat cents a bushel to week end short showed a further The community Mortgage Notes 6Y2% Secured on the Choicest of District of Columbia Residential Properties Over a Quarter of a Century’s 102% Experience 115% 104% 970 108 A < No Loss— N Y Tel 4‘|~< 1 el 65 1941, of time. when erty Every tenants or profit your rental prop- managed by us. detail — leasing, rent collection, janitor service, insurance coun- sel. upkeep and mainte- nance —is systematized for steady earning in our methodical manner of management. B. F. SAUL CO. Main 2100 925 15th St. Pacific Pacific Tel & Tel 58 195 o Philadelphia Co ref 65 1944, . Public Service 6 Sinelair 011 7s 1 Skelly 6155 1 i indica- s You these | that ||| necessary | to see to know no other guaranty for' the protec- mvestors, have only properties is tion of our William S. Phillips 1432 K St. N.W. Main 4600 U'tah Power & Light 5 Va-Carolina Chem x f Western Union Tel 635 193 Wilson & Co 18t 65 1941, . RAIL / = | 1 1 10e% | osses During Week From 5 e i tne fatas et to Over 20 Points—Heavy | Balto & Ohio gold 4s 1943 . >3 9 Y i Balto & Ohio cv Q‘,,vw 0 H Balto & Ohlo ref oa 199 Trading Saturday. Balto & Ohlo 65 1929 B&OPitts LE& W Va is |‘Ul B & O Southwestern Div fs Brooklyn Manhat s f 65 A 1968, (anadian Northern 6lgs 1146, y dian Pacific deb 45 Central Paclfic 4= 1949 Chesapeake & Ohio cv 4138 19, o Chesapeake & Ohio zen 4135 1 . 937 4 4 vear ago. an ine e Chesapeake & Ohio cv 126% | ew York City gained 5 Chicago & Alton 53% 1 6% Chi B & Quincy Ist ref 104% 76% Chi & Eastern Ill gen i6's Gl‘n Chi Great Western 4s 1959, L LM Chi M & St Paul cv 4135 19 Bl% | was Chi M & St Paul gen 4155 1989, 91% | quent Chi M & St Paul ref 4155 2014 5!% | roge about Chi M & St.Paul ¢ 51 | appeared Chi & Northwestel o By the Assaciated Press. {EW YORK, February 27, Nezo tiations nearing completion for combination of the Associated Tidewater Oil Companies, it was I d in Wall Street today. The 1| ing firm of Blair & Co., which Iv outhid Tidewater interests for con- | irol of Associated, was s 1 to bhe planning the forma n of a new hold ing company to bring bhoth o niza the public utility shares v')«ll\]rw;”'“‘ (ug,lh:; | ose working re ions have been | considerably from the renched | maintained betwean the iwo vomn previous day's Ad- | panies, with Associated supply more were soon | from its California field for Tide ot \'I!flnllh’“"'clq eastern refiners, The desira wlr}ln\ of continning this arrangement not maintained in the subse-|jaq ‘the bankers to negotiate for the dealings. Electric Tnvestors | purchase of Tidewater when the latter 2 points and lesser ains)iajled in its efforts to acquire a ma in United Gas Improve- | o o interest in the Associated Commonwealth POWer. | nomuany, Legal details are under T | American Power moved up 2 001 to have delayved consummation | {and Tampa Electric sold at ie plan. In winning contr in of 9 points. ated on n cash offer of approxi Industrial sha were $132.000,000 seve weeks ively quiet, the feature hei Rlair & Co. indicated that an wcession in Libby Owens tive offer for an exchange of securi. | dropped 8 points fo but ties soon would be submitted to stock | ered this loss on a later rally holders. If present plans are carried | Artificial Silk made a T-point out the shares of a proposed new hold ce to 219% ing com probably will be offerad | here was httle of to both Tidewate and Associated | the dealings in oil share stockholder: | fairly steady one Total assets of the Tidewater (o in the general lis were listéd in its latest | ce shee: ‘3:\ There was a crumbling away of |1y gag 439 370 It has §2. ‘s:.v:'_s?vl.";:: 844, | values in many leading sn_n-k: Al ferred stock outstanding and the eur 9% | through the week. a number of Im- | vent market value of its common 107 | portant issues !hh\\vl'\il ‘fl:“ 'hxf.; | shares exceeds £75.000,000. u ',"m: from 5 to over 20 poini :‘”h . Negotiations also are being carried 124% | movements were in line AN |on by the same banking group for | 1198, | vielding of securities in mearly all|adding the Simms Petroloum o, to J,h, other markets and were looked | 1}o gy nedall corporation, which re ||nmv\ in financial circles as evidence | .eni|\" 100k over the Waite Phillips Extensive improvements involving £4,000,000 will be started soon by the Southern Railway system on six of its lines covering about 1,000 miles of road. to increase traffic capacity and operuting eflicie nd | ed Press N.W. YORK. February the Curb Exchange continued in large volume, with most NEW on Trad today Bank , country for 7 $R.353.851.4 Finaneial $5.0 1 of 3.6 per cent. > 1.6 per cent throughout the iled at 1 and ings the week ar > by the Commer Chronicle, compared with The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real FEstate in the District of Columbia and Nearby Suburbs in Montgomery County, Maryland FOR 3,5 OR 10 YEAR PERIODS. 5Y2% ON APPROVED SECURITY Apply RANDALL H. HAGNER & COMPANY MORTGAGE Leay GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 levels com- | | on the decline, | vances of a point or but this display The consolidated Houston Oil Company and Houston Pipe Line Company for 1925 shows net income of $1350,326 after depre ion, depletion and Federal t 2 in 1924, excluding ne. Closed Car Delivered at Your Door $1,195 i £188 Down Payment 1605 11h St N.W., statement of ecorded, st Y25 | ment 5 87% Chi R 1 & Pacific ref 4s 1 ' p 9414 Chi Union Station 413 1964 Steel shortly will readjust its| 94% 9 % Chi Unfon Station 813 1963 although nothing definite has i 4 Y 1t ix thonght likely that i shaves will be xp.m.-n{ nge of the present stock of common. Late in announced that its 1. had been Wall buoard pital n decide the numbe with an exch, for a new 1925 the company funded debt of wiped out Street hears that Penn Sea compara- |, g a4 sharp which recov Tubize ad & Western Ind con 4 19 CCC&StLref Cleveland Term 5las 1872, . Colorado & Southern 45 193 Cuba R R 5«19 s Delaware & Hudson 51z 1937 Den & 1tio Grande con 4s 1936 D& R G West 5x 19 e Detroit United 413% 19, ie 151 con 4s 1936 ie gen llen 43 1995 e v 48 A 1953 Erie cv 4s D 19 alterna- | Houses Apartments Business Proper i Office i issue this date complete trans- atlantic program of W Star, R ecrfiur and Atlantic Transport Lines will appear on the steamship page. 103 88 | VT | 0% importance to | though a evidence Net income of Auhumada & Co. f H 1925 advanced 1o $1,49: 2 from $70: L] 794 the vear hefore. This is equal 10 $1.23°a share, against 59 cents a share In 1024, Stockholders of Penn Ohio Securities Corporation have approved plans to split the comon stock. issue subserip tion rights and make an offer for the preferred siock of Republic Rail wav and Light and Trunk 7s 1940 .. Great Northern gen 51z« | (GGreat Northern gen 7 1336 Hudson & Manhattan ref 5s 19 Hudson & Manhattan adj 55 193 9 v hiefy | Illinois Central 515~ 1934, . ... 3 3 3 fof Involantar Tiquidation chiefly as |61’ onarty. Inter Rapid Transit 55 1986 f0y, [ result of ""“"'f}',;':"”“ i'r‘!(’Nlm:‘n(:\“:-:} Inter Rapid Transit cv 7s 1932, 913 | necommodatic e Inter & Great Nor adj 6x 19 724 | menis were in the m{-‘hl\-‘-n llf{l:}'!;:fl‘ | WE FINANCE BN CECHoIne Ml 91y | bringing those n(n‘l\"{ i | a1l classes of income-producing pr Kansas City Southers b1y | low the high record o fmeavenn ol Kansas City oSuthern 58 1 56 | PBonds continued tra FLaBL Lake 98t | record-breaking scale, over 120 di Lake Shore 4% 1931 473 |ferent classes of securities being Fouis & Nash unified 15 1940 raded daily. Some of these secy & Nash 1stref 555 200 Itien vielded during the week Wbui dlec Ry & Lt 1st ref 5= 61 the majority of them moved within MStP&SSM61ps 1931, rrow range. Mo Kan & T Mo Kan & Tex ad) 58 196 Mo Kan & Tex prin s A 1962, Missouri Pacific gen 45 1 N O Tex & Mex inc 5% 1935 York Cent deb 4% 193 York Cent ref fmp 5= 201 v York Central deb 6x 1938 .. ¢ Haven deb 45 1957 Y N H & Hovdeb 65 1948 N Y West & Boston 4% 1946 . Norfolk & Western con 4 1896, Norfolk & Weéstern cv 6s 1929 orthern Pacific 3s 1947 Northern Pacific 45 19 Corthern Pacific ref imp 68 204 Ore Short Line ref 42 1929 £3% Ore-Wash 1st ref 1 1961 9414 Pennsylvania gen 4133 196 102% Pennsylvania gen 5s 1968.. 11135 Pennsylvania 6155 1936. 37% Peorla & Kastern inc 45 1990, 101'% Pere Marquette 1st 55 1950. . 90% Reading gen 4s 1997 Reading 4%s Rio Grande W 887y 121 Ark & L 4145 1934 9% SILIMESR&EG Ix1 77% St L & San Fran prin 4sA 1 93 St L& San Fran prin bs 19 99% St L, & San Fran blgs B 19 92% St 1. & San Fran adj 6s 1956 87 StL & San Fran‘ine 65 1960, . T1% Seaboard Air Line ref 4s 1959 8314 Seaboard Air Line adj 55 1949 9415 Seaboard Air Line con 65 1945 967 Southern Pacific cy 4% 192 86% Southern Pacific col 45 1949 90 Southern Pacific ref 45 19556 814 Southern Ry gen 4x 1956. 104 Southern Ry 1st §s 1994 112 Southern Ry dev 6lgs I“SG 411 Third Avead) 55 1960. ... 9214 Unfon Pacific 991 Union Pactfic cv 4% 1927 100% Virginian Ry 1st 101% Wabash 1st 994 Wabash 5% 66% Western Maryland 4s 19, 957 Western Pacific 55 1946. 831 West Shore st 45 2361, Indiana Gas and Electric one of the operating subsidiaries of Midland Utilitles - rating revenue of $8.; against $8,105,950 in 1924. Net income Qatier all charges, including interest on the funded debi was $1.607.306, com pared with $1.893.178 the year before Surplus was 3904674 Oldest National Bank in the District of Columbia perty Large Loans a Specialty Current int 3% on Savings rate and commission & Rlchard.son Inc. 816 15th Art N doubled i1s net pared with th $A66.618. equs the capital stock $366.216. or $1.14 struction Co._almost income in 1 fore, .07 Net W share 00 loan r the Germany, b been Spever & Co., bankers, public offering of 21.yvear 7 per cent honds next week. Although consolidated German municipal bond issue was recentiy sold. Leipzig is fol lowing the course of Berlin, Dresden. Frankfort-on-Main and Munich in marketing its own securities. The city ranks as the fifth largest in Germany The proposed merger of the MMe.| chanics and Metals National Bank 4 and the Chase National Bank, under the name of the latter institution, probably will he effected soon after April 1. the former bank announced today. The stockholders and con troller of the currency must approve the plan before it is consummated It also was aunounced that a secur jties corporation. with net assets of 000,000, owned by the same share- polders, would Join the combination STEEL BUYING PICKS UP. Siight Improvement in Volume De- Open Until 5:30 P.M. Tomorrow Successful Stewardship {'When deciding upon a Payday depository, bear in mind that The Metropolitan has been successful in its stewardship of other people’s money for well over a century. BALTIMORE LIVE STOCK. 99% | BALTIMORE, (Spe- 9p | clal) —The live generally easy on practicall Stockyard receipts continue fair, he any arrivals by boat on t Bl hemand only falr and cen- tered on first grade cattle with all | grades moving slow at the lower val- 541 | ues auoted. Tive pige continue | ca and values rule sharply high- | (78 2 Quotations today at Light Street 974s B854 967 | 1044 | 1128 38'% 1020 963 96 80 Yl | ! 80 964% 100% S4% 8Ti 2% 534 | 954 LYT% 87 e 823 105 114 604 3% ~99t, 101 1025 1004 69 i February 27 cattle market rules Iy all lines. but The FH 'O swmith Bidg.. 815 INVESTOR IN 53 YEARS NO L.0SS TO A Money to Loan on Real Estate GEO. W. LINKINS 1333 De_Sales St. 000 city of h se arvanged who will make One Dollar or more will open a savings account fiDeposited here. your money will have every protec- tion afforded by able management and ample resources, plus the security of Federal supervision. EXTRA HOURS TOMORROW especially for the convenience of our many PAY-DAY customers. pound, " cattle, first quali Beet cattle. pound. ; 0: common to medium, L ille, as to quality. pound. to #: cows. choice to fancy. pound. 5 to #: common to fair, pound. 3 to 4. oxen, as to quality, pound. 4 to, 6. milk cows. cholce to fancy head, 0.00° to 75.00; common to fal) 30.00 to 60.00; calves, veal cho! P. pound, 14: ordinary to medium, | pound, 12 to 13: rough and common, l pound, 8 to 10; small culls, pound. L 8 to 10, & 1 Sheep—Choice, pound, 7 to old ! bucks, pound, 5 to 6; common, poun 3 to 4: lambs, Spring, choice. pound, | |A to 15: fair to good, pound, 12 to ! commion, thin, pound. 8 to 10. Hogs—Straight, pound, 12 to 13} sows, pound, 8 to 10; stags and boars, pound, 5 to 7; live pigs. pound, 15 to 20 shoats, pound, 12 to. 15. | FEDERAL LAND BANK BONDS. | NEW YORK. February 5= Nov. 1 94 10p3 1 am prepared to make FIRST TRUST LOANS on downtown husiness property in any amount on extremely favorable terms. WM. H. KYLE Louns—Insurance NW. Maln 6627 FIRST MORTGAGES 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 tern elt 4x 1949, 1410 G St National Metropolitan Bank Capital, Surplus & Undivided Profits Over $1,800,000.00 15th St., Opposite U. S. Treasury velops During Week. YORK. Frebruary 27 was a slight improvement in e of buving In the steel market during the past week, notably for rallroad equipment and production snd shipments continued active. There Wwak, however, an absence of any. gen eral tendency to anticipate forward Yeauirements, and buyers could see little inducement to accumulate sup. Jlies, Plg iron was easier. owing to « Biliher fuel and buyers generally wvete waiting further readjustments. 112 Years Old Organized ). — in 1814 Nt There the volu w i) un‘,u; i uu ] i 232258 33292283, 3333335325 Py ey