Evening Star Newspaper, March 11, 1926, Page 31

v \ FINANCIAL, WEATHER EFFECT - INMARKET SLIGHT Eggs Stlll in Abundanee on Local Counters—Poultry Receipts Slow. of snow this morning b wholesale dealers in They knew the an @ not distu the tocal 1 weuther h that it dt ccompunied b to tie up traflic to ng the movement , from near woul ther s but ‘Bork produets, t h morning buyers were not mu idence. The condition of the m reported as draggy, and condijtons will imprave after of tite Lenten season. 8 continue la. re smaller thi usual. Eggs are reat demand at this season, and dealers are happy at the low prices that have prevailed this week, largely increasing their output. Prices of practically ev (um'nmL ity this morning was the same as yes- terday’'s prices. Today's Wholesale Butter—Fancy, one-pound 9 ore packed, eurly n ev Prices. prints, 30. , 44ads; 22a33; \a\); gees 80490; old, gt urkey fowls, 28a80; 35a40. Spring 33a35; Leg Thorns, geese, 20a25; keats, Live éium, 1213 14; me- heavy 1415, Calves, cholce, thin, 7a8; hog: end medium, 13%; light, chole: Meats—Beef, 16; lamb, 20a25; veal, 23; dressed pork, heavy, ldalils: me- dinm, 16; light, 17; loins, 30a32; shoulders, 22a28; hams, 30232, Fruit and Vegetable Review. Today's market report on fruits and compiled by the Market ice Bureau of Agricultural demand adva: A le: —\“umvlles moderate; v Barrels: gnoderate, market stead Virginia and West Virgin inch Stay: mans, 50a6.00; quality, ew Yo fnch Baldwins, '4.5085.00, mostly 4.60. Boxes: Washington, medium to large wize extra fancy Dellcious, 4 fancy Romes, 2.715; .00. Bushel baskets: New York, A 23-inch Baldwins, 1.75. Cabbage—Suppl some fah‘ moderate; demand moderate, market steady. New stock: ¥lorida, 1%-bushel hampers, round type, 280a2.75. Ol stock: New York, bulk, per ton, Danish ty Celery—Supplies mode; moderate, market stea inch crates, 4-6 dozen, dozen, mostly 4.5 Lettuce—Supplies _liberal; moderate, market steady: Imperial Valley, ¢ dozen, mostly & dozen, 8 Onions demlnd light; demand Yight, market dull: New York and Michigan, JOD»pmmd sacks, yellows, I‘ 8., No. 1, 2.75a8.00; New York, 100- ellows, U. 8., No. 1, l’llr condition, 2.50. Potato Market Firm. Potatoes—Supplies light; demand moderate, market fir: Michigan, 150- pound sacks, russet rurals, U. 8., No. 1, 8.75; few higher. Spinach—Supplies liberal; demand ] BY WILLIAM F. HEFFERNAN, NEW YORK, March 11.—The price ovement assumed a more definite trend on the side of advance, with finprovement in most instances con- fined to narrow limits, With every- thing relating to outside business con- ditions favorable, the public and pro- fessional element showed more of a dispoesition to renew operations at the present level, the way they did fm- | mediately following the drastic reac- {tion of & week ago. | Advances in California crude ofl | prices stimulated activity in the ofl shares, and most of these stocks re- ded advances on the day. Humble a favorite and purchasing of this stock influenced the market for the new “when 1ssued” stock, which { guined almost two points. Standard of | Kentuckey rosea half point and | similar gains were made by most other Standard issues. NEW YORK, March 11.—Following |is an official list of bonds and stocks truded in oh the New York Curb Mar- ket today: Salen in BONDY, lied Packers ds 4 Allied. Packers Bs Am [ee g8 Am Pow & Lt s Anacond g Aseo Gag & B s 00 8i R Y B&ORRDbs . caserioard da o 35 H 580 =gt % i S S FE =2 (oo ZrelCeSloeasste: SE O h e S oo oy gens e =Seo. = S50 BEFER BE R AR - 0 S0 e PIFEES PFE PLIFFER Seoe RRESE. BEESIPTEEE oooDos vrenses; B o 2 B SO IS SEFE S - P s DS eSS nnn T, B 21 A DR CFS PN AR A DD B D B B 203 =S e DO e S D se s ._ o5 222 R T REES ¥ A " ta. DOty II Cu Bilas, lflfl‘ SRR .flfimm“ '“ CoSSaSnty: SE2ST3E # RERE FA i o) B oopSShee: > From Boreaties #34, TEE SSERESSS ty Cologne 614s. Breaden a‘, Biibe oi "n Kntion 4.",3 r\(l[ln .lu rench : oommm SS2ERSRRE SRS pessE SEERSERE TN B orexe ) e * 5 EowocoD: fov Sants, helnelhe On_ 4 g}t‘ms‘ i ‘: c Ty n 103% 1 1§ el & G on ¥ 39 %15 Saestn n'uwuu) ‘o1 155UES. olL... 17% 17% iy AnfloAm‘gfitdp %1 oonoeoo DnDDET ESSRBRRSSTERREE: EEERE AR OD IR s A - Ve & moderate, market steady; South Caro- lina, cloth-top veneer barrels, savoy type, s, bushel baskets, 10; few higher; o outh Carolina, cloth- savoy type, 3.00. suand limited, pony crates, br Carrots—Supplies moderate, market firm; Yaskets, mostly 2.00. moderate; demand market steady; Texas, Lushel baskets, mostly around 2.50. Peas—Supplies light; demand mod- erate, markel steady; Mexico, crates, light; demand Texas, bushel rawberries—Supplies moderate; de- mand slow, market steady; Florida, pony refrigerators, 40a60; mostly Gb 850, Tomatoes— raand limited, pplies moderate; de- market steady; Florida, d turning, wrapped, {7 00; cholea count, pan cartons, re- wr Annf«l fancy count, Stock of record. 3ar 20 Apr AR 18 Apr1o DE Apr Am Gas & CO0003 Artioom v Heduo €6, 2D ESSEBES o 1 ru (‘A.. BT or ot 3£63aa%] semze c::ccc:;tr.z,l:coc‘ Coockocs SRR R B B !, me. Mines. . . . M St Ry adj sy ) Do. vt Fifth’ Av Bai Gosard H W DGV »vix e - C T Ao S ARNBOED DO EEEERREERER zze: g s a0t irtcitt s O 43 £t 5 EEEEERBRERRTRERERRAET o0000000 ¥Rzooe] | '-‘maom_?,'; CEOCOOECOOREORORCPORD) gacoone S S S D e R RN R Do, Nwest Yeast. ere Marquette. ower Cor N Y. ak Powder. 0. Df.... ARG e AN A . . Sk WRAASY T Y SE8 2R RRtananaoee SO SOD N bt s GAGRGH G Too many people put their money day dreams and wake up broke. ver put your name on the dotted Jine until you have Inquired of some one in your bank what he knows nbout some stock issue that is offered to you privately. LEAD PRICE IS CUT. | NEW YORK #).—The | American Sme i g Co. | 3 cowerday reduced the of lead | grom 8.80 to 8.40 cents w pound. No 300 Obio 1000 l'rulrl' o.m Bew. 193008°0 o Jes o P10~ TDEICH AR I 2 e M 3D W ORER SN e e SRl =2 - o T T Ty e e b e 33 § 10 900 Vacuum Of 101% 100% 1 galesin INDEPENDENT OIL STOCKS. und 8. 8 Amer Cont Oilfids 6 AL 8% 8% Washington Stock Exchang@ SALES. Grorgetown Gas 5e—$800 at 98, W 0 Gas Be—$600 &b 96 p:f?a"—'.?-'f i Power s A1-$2,000 Gas 6s '33—8100 at 102 ‘[‘.“3&“1“3‘}.‘1‘0‘1 Ji S AR VN Y stomac Elecirle Pover pid—4 at 107, 3 2 4053 A lomaé Electric Pow. bid. Int. ett.—32 at Vaehington Gas um.—zu at 72%, 8 at Monotype—10 sl "’.'-'m AT Bfor & Sitraks w1680 at 0 nal Mige. & Invest. pfd—10 at 8%. CANCELLATION. o yeterday—City & Suburban Ge— 31000°8: H0% . soid In error. Money—Call loans, 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY, Telga. 48. . lgar 4 g% Asked. American Tel. & & P. Telephone 0 tal Traction i15'& suburb MISCELLANEOLS ©. Paper Co. 6 Bot. Jount Stock $oush ihery B Bldy. G ide $TOCKS. PUBLIC UTILITY. Pow. id. f-?n et Pow: Int, otk i fowy. & Biec. corn Wash. Rwy, & Eiec. pfd. .0 NATIONAL BAN Kagionat Copitol. Eamla, ¢ ai Fll'flc‘ & “iléchanté Fderal American - %";.”“"a.nk TRUST COM PANY merican Security & Ao inenal Trust M:xtlmflll SAVINGS BANK. " 151- & Com. TITLE INSURANCE. TBitate it T il IISCELLANEDL'S. Colum Real o T, & Merchante: Tran. & Stor. vid. 100 athaer Linotype 208 & Invoat. pid A § e e et e RN ; THE EVENING STAR, WASHINGTOK, NEW YORK CURB MARKET Received by Private Wire Dlrecl to The Star Office y South Amerlun ghares in moat in- ances (id not contnue their im- mo\ement but there was no weak- | ness. Prices held firm at last night's closing quotations. United Light & Puwer {ssued were higher tollowing the announcement that the president of the company had resigned and had been succeed- ed by Richard Staterlee, who. for many years, has been associated with the public utility industry. thers of the group resumed thelr ecovery, mnotably American Light and Traction, United Gas & Im- provement and Middlewest Utilities. There was little feature to the market for coal shares, and other in- dustrial speclaities. Tho best opinion was that with a good part of the short interest eliminated during the past few days, volume of business could with the price move- a smaller be expected. ment narrow. FE @ I PRSERIERERE & FENFTIES R FTIREY NN = o FEEPESESRPE & 20 pzs EEnG5 EE Swestay 2522 e wa vi 104 Venezuelan ot . er Quinien. i wl 0%, ORG new 30 Y i Salea in IVD STRIALS hundreds. LAsro Sup Mte B 1 % Ala Gt _South pf 1 Allied Plck new. Puw & Lt ‘vf m Rayon Prod. 3 g-. ling il perpow Am Saperpow B 2 e -rnlll‘lllrufl. . fen, Co J Brad Firep: 1 B ideen , Brit-Am, Tob Blelsn Clts RR. an B Ging Ale'i TSR 20 Comimon P € n Jommon P n ptd 300 Cormsun B Cwas | S 5Duz Go Ay 20 5 B B8 0 B 1085 i B & §hon Cor 708 R 790 Ru‘ml ot & "Ind Conerate Tnd Mcdha S brod 4:4 1d Weat Ut 32 35 Mid Weat U A o 108 Mid West U pr In 118 Midvale Co. 24y comounsin S en © :uu-—cm,fi'-—.-_x....: - iaomea: ‘_ S corabar: RS PR e 2 H i oA 2 ] e sovmssisniem 1o = ok S § Shurs wiovston 8 Stz Motor e et Y] z e 23 ] 3 10 oS o S S Bom35RNARcRSE: s Ed SoERR2oES S Sales in MIN in hundred; 10 Ariz Globe € 18 Bil nnum 7 Garne e 2 b e DB TRy as T FERE - i B ane R om P\muum b 30 Sped de e 3 Tono Belmont. xt ast Mis Avex SHORT-TERM SECURITIES, a = PRICES OF COTTON DECLINE SLIGHTLY Markei Steady and Rallies a |4 Bit After Opening Trifle Lower. By’ the Associated Press. NEW YOREK, March 11.—Cotton fu- tures opened steady; May, 18.62; July, 17.95: October, 17.24; December, 16.94; January, 16.94. The market was steady today at un- changed prices to a decline of 8 points, with near months relatively easy under selling promoted by lower Liver- pool cables and unfavorable reports from the cotton goods markets. May sold off to 18.52 and October to 17.24 during the first few minutes, but there was considerable covering at thege figures and some trade buy- ing to fix prices in the old crop months, Selllng of new crops probably was checked by reports of cold rains in the South, which were considered itkely to delay farm work, particularly in the Eastern belt, and prices| steadied up after the opening. May rallied to 18.63 and October to 17.80, the market ruling about net un- changed to 8 points lower at the end of the first hour. New Orleans Quotations. = NEW ORLEANS, March 11 (#).— Cotton futures opened steady; March, 18.28; May, 17.89; July, 17.38; Octo- ber, 16.60 bid; December, 16.65 asked. The market was easy owing to favorable Liverpool .cables, and first trades showed losses of 4 to 7 points. After the call May traded at 18.77, July at 17.87 and October at 16.62, or 3 to 8 points under yésterday’s close. As the weather map showed consider- able raig In the belt and cold weather, the market showed a slight tendency to rally at the end of the first half hour, but sentiment continued bear- ish and prices advanced only a point or two. The market then became quiet. Reports that some Southern mills were agreeing to curtail operations owing to increasing stocks of goods and continued complaints of a poor ot demand encouraged bearish sentiment later In the morning. Of- ferings were comparatively- light, however, and the market held gener- ady on covering by recent and some trade buying of old months, presumably to fix At midday May was selling round 18.64 and October 17.34, or net unchanged to 6 points hxgher ASSERTS AMERICAN MEN LACK PHYSICAL FITNESS Californin University Professor Says Majority Are Uzable to Meet Demands of Life. Bs the Associated Press. BERKELEY, Caiif., March 11.—Al- though college students have a fairly high degree of physical fitness, as a whole “American men are unpre- pared to meet the common physical emergencies and demands of life.” This 18 the conclusion of ¥. L. Kleeberger, chairman of the depart- ment of physical education ‘of the University of California. ‘“The inability of most of our young men of today to use the power of their arms, shoulders and middle body is surprising,” he states, and “the danger from this is greater to the race than the loss in power of navigation credited to the automo- bile.” Brain matter cannot be bullt by physical exercise, Kleeberger believes, but he thinks the present genera- tion should be developed sufficlently to enable a man to act quickly and accurately in case of an emergency. S HULSWIT QUITS UNITED LIGHT AND POWER CO. NEW YORK, March 11 (#).—As an aftermath to the collapse of recent speculative operations in the stock of the United Light and Power Co., Frank T. Hulswit yesterday resigned as president and Richard Schaddelee, heretofore first vice president, was elected to succeed him. The entire floating supply of the company's class “A” common stock, which broke almost 100 points from its record high during the recent tumble of stock prices, was acquired early this week by Otis & Co., bankers of Cleveland and New York. Richard Englis, o representative of the Otis firm, was added to the board of directors yesterday, together with H. B. Rust and J. 8. Brooke, presi- dent and secretary, respectively, of the Koppers Co. FOREIGN EXCHAWGE (Quotations furnished by ¥. B. Hihhs & Co.) b nal Sellls wold value. lfi R8BS $4.86% Gulo, er i Stoeknoim. eown BOND HEARING TUESDAY. Special Dispatch to The Star. BALTIMORE, Md., March 11— Hearing on the -Dvasnun of the Washington Suburban Sanitary Com- mission to issue $500,000 serfes I bonds will be held by the Maryland Public_Service Commission on Tues- day, March 16, at 10130 a.mi., it was announced by Chsirman Harold F. West today. . (Quotations furnished by Redmond ‘& Co0.) ~—Noon Agtrond, P. & L. Aimrtolaf diet g 1928 {’%‘"u P i A St AR i e e o " 1438 mfé “'***“,, i NEW YORK DAIRY PRICES. NEW YORK, March 11 (#).—But- ter —Closing steady; receipts, 5,667 2 creamery, higher than extras, 481gadds; do., extras (92 score), 43; do., firsts (88 to 81 score), 41a4215. Eggs—Firm; recelpts, 30,280 cases: fresh ga.thered, extra firsts, 20080; d firsts, 28a28%; do., seconds, 27a274. Cheese — Steady; recelpts, 117,632 pounds. 2E3323333333RSRITHSSR22TSRTIEIRIS: e S22 Westingnouss HAN. 7 gl nuwmnu(. llmhfinlm STEEL ORDERS HIGH. NEW YORK, March 11 (#).—Orders for structural steel in the last week reached the highest level of the year —63,000 tons. Of this total American Bridge Co. recelved contracts for 20,- 000 tons for the Union Terminal Build- ing at Cleveland, 2,900 tons for the Roanoke Bullding, Chicago, and 3,000 tons for the University of Chicago Stadium. PROFIT INCREASED. NEW YORK, Ma(l:ch E‘éfi) . —Abitibl P nd Paper il:w;:l“profit for 1925 to 32 869 916 from $2,807,789 the year before. GERMAN BONDS AND STOCKS. luuohd in dollars per mun& m t (ws xflxun ggog’g ‘}g SeSsestites 2 D. C. THURSDAY, MARCH 11I. 1926. PLAN STOCK REDUCTION. Money to L NEW YORK, March 11 (#).—Plerce l g Rerl Eaints Arrow Motor Car Co, has notified the First Trust Money New York Stock Exchange of a por- posed reduction in authorized capital stock by 16,750 shares of prior pre- ferred stock. . —Auvailable for Both Building Loans and Completed Properties POULTRY QUOTATION. Reasonable Interest and Commission CHICAGO, Murch 11 UP).—Poultry, JAMES F. SHEA alive—Firm; receipts, two cars; fowls, 643 Louisiana Ave. N.W. FIRST MORTGAGES ducks, 30a32; goese, 19. Mon to Loan "Money at 54% Very Desirable Conditions ‘ flmnml firsf MIM ou'.;l'. REAL ESTATE LOANS ANY_ AMOUNT (.“ R o, DAY RESIDENCE LOANS AT LOW RATES FRED T. NESBIT | [['NVESTMENT BLDG. Main 9392 ’Iztd of trust nn reu] e-luu } Granted Tyler & Rutherford Loan Correspondent . Mutual Benefit Life Ins. Co.. Newark, N. J. 1018 Vermont Ave. Phone Main 475 ur-nwln ; 7 H.Smith Co- Nir A [ldn us 13tk St 4 ,. LOAR TO VEREOR IN 63 VEARS FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President STATEMENT ov E:%n"&)xnmow | LONDON AND LANCASHIRE INDEMNITY COMPANY OF AMERICA OF NEW u»n mfi;{:“’m.‘%“g‘“’ e 18,1911 e 30, apital stock. . Cupital stock, as = it ita August i o 902, an. 8 +30 12 K T —— WE BUY First and Second Trust Real Estate Notes Secured on Improved Real Estate in Washingtoa, D. C. 000.00 0.000.00 . 8.,364.776.2: er_assels: favarance Tocoreraty Total assets. 84407647 LIA Ammm.s ring_ the tidel- ter of by m'm-l' transacted dpr o5 g L igcelancous can llnfld durmc the oes g *s1.078.487.47 Money received ‘during ihe year 03.720.50 e gty s Comptroller, ‘gwom to belor ms this | of March. 1924, L) HANNAL RADD] Notary mblk FEDERAL SECURITY & MORTGAGE CO. 1412 K Street M. 1599 pren Satisfied Investor Carefully investigates any contem plated investment and analyzes it for DEPENDABILITY QUALITY And LEGITIMATE RETURNS He Chooses First Mortgage Notes Because he knows how they are amply secured, and he is assured of an annual income of 6v%:% Investment Department INC. 713, 715 and 717 14th St. MAIN 2345 Insurance Companies Choose A recent official analy- sis of leading life insur- ance companies in this country shows an overwhelm- ing inerease in their selection of real estate mortgages as ;hdbm investment for their unds. - First Mortgage Notes Write for our new booklet! 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