Evening Star Newspaper, March 31, 1926, Page 30

AR " 30 » FINANCEAL., STHE ' EVENING STAR, WASHINGTON, D, C, WEDXNESDAY, MARCH -31, 1926. WEATHER HAMPERS MARKET TRADING Prices Virtually Unchanged. Eggs Slightly Firmer, It Is Reported. as not Buyers Wet weather this morning ¥ brisk trading 12 morning o wer ducive to e not out in ibers dur- dealers rush of hours, ny jng the early stated, there business later pick nor was in the day. that busine: up tomorrow afterncon and IFri wmorning, preparatory to the trade, following the Lenten pe: expected will condition of the htly weaker con- market was re not undergo any not enousgh firmer and sli butter Prices did Jange, however the retail market. fairly plentiful the weeks, were not so eipts being lisht. sderate demand making the nmr- ket od Str past Th $or e T ful today vas only @ them. however imsetiled Wholesale Fancy 148 \veraze henne! Wive ces Today I-pound prints, 49a store | rec tops, fowls, 10a45 lucks, . 90a1.00 Calves, ¢ thin, 7a% 1315 light lamb, heavy port on fruits and the Agricult Kk 19 mpiled by 3 Bureau of Jconomics) says 1 market ind Virginia 4 Tew Staymans, 5.00a3 Wit medium to 1 faney 1.00 Yellow Newtons, 2 extra fancy Romes, 1.25u1.50; bushed A21;-inch Baldwins, hampers, vice, lies moderat bharrel inch Apples—S tight mans size, € Delicious x mans ar Virgini erably kets, 1.2 1 sey 4-inch Romes, 1.0¢ - Asparagus d lig zen-hunch California, crates, v large size, large size, 6.50: medium 5.50a6.00. oderate new stock hampers, pointed t fair quality vates, round lies market steady Supplies 1 de. market steady 15-bushel type round type . 7 80.00; barr 4.60a4.75. Supplies 1 ntly we: $10 doz., best. mostly ] : Supplies moderate: demand g tornta, Im type, 4 nd higher mpers, | ida, 1 round on Celery market mand siow Florida, 10 3.10 t. mar ul Vall z., 4.7 Florid Bostor Onions erate, market Massachusetts 1 fabstl steady \tes mostly ket d 5.25 mostly 14 -bus! type Supplie 100-ib 3.50 ind her. York ato Market Supplies de- firm: Mich sset Rurals, 1 0-1h. sucks Irish mand moderate tgan, 150-b. sack = No. 1 Maine cobblers, | No. 1 8.00. New stock. Florida, double b s Rose, U. & 15.00 market head No. 2, rulding de Texas, 11.40 h—sup moderate. v type. 1.2 light: de Florida, . 50235 per quart Supplies light: demand 1dy; California, crates bushel ba sav Strawberries pplies mand pony Caulifiower ma mostly aroun omatoes it ket de. Cuba choice ripes choice count, 8.00a ida, originals, aney cour maoderate: market ste W 2-pan cartons, red nt, 3.25; Mex repacked. higher lemand steady exas, bushel few higher. moderate: demand firm: Mexico, cratés 9.00210.00; few arket 1.7 market quali peppers—No early SAYS C. & P. EARNINGS WON'T REACH 6 PCT. A E. Berry, Head of Company, Thinks Income Will Be Less Than Fixed Minimum. Spe The Sta Md.. Ma Potomac current Dispatch BALTIMORE, and the 1 h 31.—The Telephone fiscal year than the 6 per cent the court as a min- fimum earning, in the opinion of A. F. Berry, president of the company. Concessions by the American Tele- phone and Telegraph Co.. including the reduction of license contracts from 4 per cent of the re cripts of the Chesapeake and Potomac clephone Co., will effect an increase the local company’s revenue of 2uout 100,000 during 1926, accord- inz to Mr, Berry's estimates. . amount. however, is not v offset the company's 1sed investment per teiephone ufficient degree to effect a 6 t veturn for the yea larold . West, chairman of the blic Service Commission, had been quoted as saying the reduction should yelieve the company’s anxiety over a per cent earning. It is believed that petition for in- creased rates will result, should an- nual returns fall appreciably below the § per cent return set by court order hesapeake 0. durin, earn less yield fixed by « will A to 088 This ted ex in- to per g ik Harper, member of the Public Service Commission, expres Ahe opinion that the method by which ihe parent company assesses license contract charges is unfair, in that they participate in any rate increases that might be granted here, without \iving made additional investment. Mr. Harper stated that he would consider far more equitable a plan under which the local company would pay the parent company a special tax on each telephone in operation. RUSSIAN OIL PRODUCTION. NEW YORK, March 31 (®).—Oil production in the Soviet union for the first quarter of the current fiscal year, October 1 to January 1. was 1.903.800 metric tons, an increase of 11.2 per cent over the same period a year ago, the Russian information bu- recu reports. Drillings in Baku and Grozny increased nearly 50 per cent. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. | NEW YORK, March 31.—Fluctua- tions in the Curb Market today were | “hare irregular. At the outset it | Purit . looked as if the heavy selling move. | Points higher on the day, while Con ment, which had been in progress for | tinental and General Baking issues Some’ time, had abruptly cuiminated | Etined well over w point at times. and good sized rallies occurred as the | United Light and Power retraced a result of short covering. | point of it recent loss and similar When this recovery, however, failed | 52ins were made by Electric Bond and to influence public participation on | Share and United Gas and Improve: the buying side, the rally was check- | ment. ~The market for Midwest Utll ed. The high prices of the day |ities was adversely affected by the an. brought-out further liquidation, which | houncement that the company WoUId went a long way toward wiping out | increase its capital stock from 900, the early gains. The market had its | 000 shares to 1,750,000 shares weak spots, despite the sharp im-| The oils bore their share in the im- provement in certain directions. What | provement, but there was no general looked to be forced liquidation of |renewal of buying. Victor Talking radio stocks carried prices off sub- | Machine and Johns-Mansville were stantially. |\veak spots among specialties. was most company The early improvement pronounced in baking and public utility issue: 3 Bakerles class A was NEW YORK, March 31 is an official list of bonds raded in on the New York Curb Mar- ket today: Sales in thousands 2Allied Pk S8s G5 Am Gas & EI G | 21 Am Pow & Lt ts 3Am W W s A 3 Anaconda 65 | Following | ¢ Beacon O3l nd stocks i 10K Citied A Cities Serv 1 Cities Serv BB pf 21 Columbia ynd BONDS I High 3 5. | it | | | | | it 8s 5 G3B & O R R 58w W Beaverboard, Ns GBell T Can 5 Beth stl Bosto AL 10014 Royal Co Salt Creek Cons Salt Creek Prod Tudal Osa 63 65 new serv T D. ... Git Sery P & 1 b Crown Wil P 6 Dter't Cty G Seh 6 [ sk Tire 515 wi 46 Fla Pow & Lt os. Gen Tee Crai 6138 2Gen Pet s ..t 01 wi L 1061 01 101 4 04 Ala Great So pf Am Gas & EL 2 A Hawailan 8 'S Am Home Am L & T 5 Am L&Trac Am Pow & L Am Rayon Prod. m Kollns Milly A Rollins M pfd S A Superpower A A Superpower B McN & L7 1043 Island Lt G5 100 | [ [ | i nd mod. | mostly | sede] N | Washington Stock Exchéhg_e 21 Mass Gas 5 1011 Morris” & Co 1 0 S P Otis Steel & ' Am Wnit Pap Asso Gas & Eleo Aubun Auto Co AUl Fruit Atlas P C Rloomin; wite R E 65 X D 62 wi ast il Cor B w1 Biyn City R K. Jucyrus Co. Niag El Pow 9 Can D Gin Ale n 1 Car Light 5 1, Celluloid Co Sun Oii 5 Swift & Co Transcont Oil : ; foid Go S Rud OB4 i Niv A S Rub 6158 3 Colling * Arkman b 41 Ak Bu monw B C'n monw P € w Consol G Bal n 13 Consul Laund 1% Consol Dasrs P Continen Bak 4 1 Continen Bak B Contl Bak ved 1 Contl Tob The 1 Courtaulds Lt 3G [ P AW Aero M K G : Dinkier H A W { Dixon Crucible 15 Dublier C & Rad 3 Dunhil i 1 Diirant Mot Denm Nethi G 13 Krupp Fried T 2 Prov B Atres P Plov Santa Fe. Rhcineibe Un 7a anda Fall 98ax S M T 3 Siem & Hal 5 isehold T st Ine Refrig Pub Seiv rium Coriy otors e A Finance B Metals T Ho 1 n units. )0 Anglo )0 An Am 0il Am O vie-c'd Eisemann. . hman. Chas land_ Steams. 7 Baking A B 1 Glen A 8 Goodyr mes R & C piness €, 8 Happiness ¢ § ¢ Tire T, R A A 100 Praivie P L 10 South Penn 01l 27008 0 Cal W 61003 O Tnd 0 Kansas Mucky ) 80 Leh Pow_new 1 Lehigh Val Coal 19 Lehigh VI C X € p 234 Lib Owens Sh Gl 208 0 Ohio 105 Q Ohio bid 1200 Vadtum Oil INDEPENDE 3 3 [EE TR 1% i Sales 3 L Mid W L Mid W T Am Maracaibo ( Master € ns KL Lt SAL it Washington Gas Light- Washinzion Rwy. & EI 0. hthaler 3 Nat Pub Ser A Nelson H eptune Mete Y Tel C pfd at 0 Pow ¢ X Nor Ont Lt & P. r States PCA. orthe Pow n ac Stl Boiler D Groc A M1 at 69, Did—: 2 at 69. ) at 90 A Linotybe—15 at 206, 20 AFTER CALI mac Elee. Pow. 8 0i 1941—$2.000 | 1,000 at 1027 : I P E L 5 Pratt & Lamb €. 13 Broct & Gambic pue s b &L Walhinton Gae Tacht—1 & G851 at 68 Bak B Pape $1.000 at 86 Money—Call loans d 6 per cont Bid and Asked Prices. BONDS. PUBLIC UTILITIES, Bid. Asked. | & Telga. 4s... 07% .. & Telga. 4145, & Tel. ctl. tr. 58 & Potomac guar Telephone s ephone of R. 1 Purity 2 Rand Kar B n % Repu M T vic. 4 Reo Mot 5 12 Rickenbacker Mo iRich Rad n .. 1. Royal Bak Po pf. | Safe C H & £ 1South Gas & P A 77 South P & L 3600 South P & I war P & L new & LD pf. LD & Ui A 1y Southw Bell nf." % Sparks Withing . 2 Splitdorf Be EL G 80 Reg Pap . 6 8tand Pub C'A° . 1 8tand Ta’Car Co 11 Stutz Mot...... 25 Swift Intl 7, Tampa Elec " 4 Ter H I&E T pfd 2 Timken Axle .. - 28 Trans Lux Pic & & Elec. 811 Rwy. & Elee. 1028 i Tub A § B vie.. ® Tung Sol _Lam MISCELLANEOUS. EE Ay D. C. Paper Co. Gs. ... 11 Uni EI C el . Pot. Jt. Stk. Bk 6 Uni Fruit € n'wi Southern’ Bide. G128 53 Uni 6 Imp C. .. Mkt Cold Storase 1Uni It & P AL STOCKS. BLRiL Shn PUBLIC UTILITY. peum G American Tel, & Telga.. ... 5141 % Capital Traction : 100 W Am. Tel Potomac Elee. Potomae Elec. cons Potomac, L 6s 1 Pot. El Wash.. Pow Alex. & Alex. & i it & Annapolis bs. 1 Gas bx Gas_6s. a5 100 103 3s., Wash 68 Wash Bal s @ iz % S R A B B I N R D B 1) S s Eub Recl' | an,© Plee ot - ehington Gas.. ... 2L @8 fe' Tallc Mach | B .n'fful"é‘u L Sicaniboat #2580 West A Sup nii: ot Elec. Pow. pfd... ... D% st Po Pot: Elew: Pow. Int. i 105~ White § M pid Wash. Rwy. & Elee. Wash, Rwy, & Wilson & C new. N 2 Wils & C A new NATIONAL BANK. National i Wilk & C'n pid 60 Yel Taxi C N Y MINING ST 10 Ariz_Globe C... 2 Cons Con’ Mines. 10 Divide Extens. . 13 Eng GId M Ltd 30 Eureka Croesus 30 F Thought G M 10 Flor Goldfid M 40 Forty Nine M. 1 Golden” Center M 3 Hecla Mine. .. . 2 Jerome V. Devel, 29 Kay Cop Cor ... 1 New Cornelia 2 Newmont. Mir % N Zine Nipissing | 14 Noranda 19 Qhio_ Cop 90 Plymou’ Lead M. 5 Premier Gold M 780 Am Gold & P 16 Teck Hughes 10 Tonopah Ext. Utah Apex Utah Metais Dry Goods Easy. Special Dispatch to The Star. NEW YORK, March 31.—Cotton goods prices eased off a bit today, with trade continuing slow. Print cloths were quoted at 7% for 64x60s, and 9 cents for 68x72s, the former a decline of an eighth. Raw sliks were steady but quiet. Capital Columbi Comme: g K rederal-American .. . Foderal-American Rights Liberts Syl Lucoln . National ond Nat. Bank o ols S ooo=n L Metropolitan y ot Washington. TRUST COMPANY. an_Security & Trus nental Trust 5 pants’ Bank. nal Savings, nion Trust . . Washington Loan AE= i - 100 150 490 225 460 RS & Trast " & Trust. s A e s G0 gt Ban i e E 2R BRE A0 BT S BB D T h Commeree & East_Washingtor Security W FE PR echanics'. . FIRE INSURANC E. 200 130 cmen's g 20 ;«"::l.(‘\‘ ;‘lu Tnion . . 20% TITLE INSURANCE. Columbia Title. Real Estate, Tit MISCELLANEOUS. D. C. Paper fd. Féderal Storage pid. Merchants Trau. & Merchants' Tran. & Mergenthales Peovles D) anston Monotype curity Storage. shinzton Markel x. dividend. Daniel Williard, président of the Bal- timore and Ohio Railroad, has been elected a director of the American Telephone and Telegraph Co., suc- ceeding W. W. McClench, who re. signed. Other directors were re-elected. [orroon zoScEe. E&IEER: k4 ™ COTTON IS LOWER; - SELLING CONTINUES Dealers Realizing Profits in| ! Advance of Holiday, Be- ginning Friday. By the Associated Press. NEW YORK, March 31.- Cotton Futures opened barely steady: May, | 19.00; July, 18.46; October, 17.80; De- | cember, 17.49; January (1927), 17.42.] The market opened barely steady | at a decline of 7 to 11 points under continued realizing which made its appearance after the ad- nce to the 18-cent level for October contracts yesterday. The proximity of the three-day ad journment from the close tomorrow until next Monday morning proba bly increased the disposition to make sure of existing profits, and there may have been some selling for 0 pool cables and forecast for clearing weather in the Southwest. May de- clined to 18.87 and October to 17.75, active months generally showing net losses of about 15 to 18 points at the end of the fi hour. The weekly report of the Weather | Fureau said very little additional cot ton planting had been posstble Aur- | ing the week, but apparently read no ! less favorably than expected New Orleans Quotations. NEW ORLEANS, March 31 Cotton futures opened easy. 18.18: July, 17.83; October, 17.12; cember, 17.12; January, 17.12 bid The market was easy, partly on re alizing Induced by better weather in the western portion of the belt and of a desire to liguidate in advance of | the ter holidays. First trides showed losses of 9 to 12 points and later prices cased off further to 18.15 for May, 17.76 for July and 17.10 for October, 'or 15 to 18 points below ves- | terday’s close. The weekly weather | report was considered bullish, but not as unfavorable as expected. Prices rallied a few points toward the end | of the first half hour after the first | pressure of selling had subsided Cotton Steady at Noc NEW ORLEA Cotton futures ne 18.10: July, 17.72 cember, 17.05; J ). May De- | March 31 | n bids steady. May, | October, 17.04; De. | nuary, 17.04 | it | NEW YORK, March 31 (#) ton futures 1145 a.m. bids May, 18.84: July, 18.34; October, 1 December, 17.40; January, 17, SOUTHERN EARNINGS RECORD IN FEBRUARY Operating Income for Month Shows Big Increase Over Same Period Last Year. Southern Railway made record for the month of February Gross operating revenue of $12,033 000 showed a gain of $697,0 - 6.15 per cent, over the previous F and was the largest for any in the history of the company. revenue showed n increase per cent, while passenger revenue still continued to gain. with an increase of 2.04 per cent over February, 1925. The net revenue from railway erations showed increase of { per cent for the month with an increase of 6.15 gross operating revenues operating income amounted to § 000, as compared with §2 year. This is also a record month of February. An teature of this Fel ) ht on 7.4 per cent in 528, 000 last | for the | come after equipment 52 000 over January, 1926, Continued ~operating efficiency shown by the operating ratlo of 72.4 | per cent of gross operating revenue, as compared with 72.7 per cent last year. The ratio of transportation ex. penses to operating revenues was re- | duced to 34.95 per cent, as compared with 35.8 per cent in the previous | February. Expenses are being kept | well in hand through the allaround | co-operation of management and the | men directly employed in moving the | trains. ents of $3 DAIRY PRODUCTS. SALTIMORE, March 31 (Special). Young chickens, 1b., 28a40; Springers, 48a58; Winter chickens., 45a50: hens, 26a30; Leghorns, 26a27: roost-| ers, 20: capons, 40a4; ducks, a36 reese, 20; pigeons, pair, 40: guinea fowls. each, 35a85. Eggs—Receipt and nearhy first i duck eggs, 45a50; goos al.00. Butter creamery 45: ladles, 34a36; dairy prints, 32a85; 39a40; rolls, 32a35. old | native | n offered eggs, 80 -Goaod pound. to fancy, 4 40a43; prints, 5 4 butter, COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY NEW ORLEANS. March 21.—| Southern Pine Association mills last week chowed new business of 73,400, 000 feet of lumber, a gain of 2.2 per cent over the preceding week—70,- 900,000 feet shipped and 69,800,000 feet produced. Total unfilled orders are 303,000,000 feet. PORTLAND, Oreg.—Production at 104 mills reporting to the West Coast Lumbermen’s Association was 110, 346,886 feet last week, with new busi- ness of 115,342,905 fet and shipments | ! of 105,129,438 feet. i CHICAGO.—Exports of cheese for i the last month totaled 334,728 pounds, compared with 1,846,728 ex ported the same month a_year ago. Sutter exports were 524,578 pounds, compared with 488,238, and egg ex- ports were 2,682,217 dozen, compared with 1,904,744 dozen a year ago. READING.—The shoe factories op- erated by the Eby Shoe Co., Henry M. Millits, Inc., and the Children’s Shoe Factory have merged under the cor- porate title of the Eby Shoe Co., Inc. ATLANTA. Two hydro - electric units of 3,000 kilowatts each will be constructed by the Georgia Railway and Power Co., at Lake Burton, in north Georgia, at a cost of $500,000. This will increase the horsepower capacity of the Tallulah Falls System to 280,000, BOSTON.—Heavy reductions in the | New England tobacco crops are indi- cated this year. Connecticut growers are contemplating a. decrease of 15 per cent in acreage and Massachusetts growers a 35 per cent cut. MASSILLON, Ohio, March 31.—The Central Steel Co. will put heat into its new blast furnace here about May 1, and work soon will be commenced on a new $3,000,000 by-product coke oven. ARKANSAS CITY, Kans.—Orchard- ists here state that small fruit now is in bloom. Apple buds were not far enough advanced to be damaged by recent frosts. ENID, Okla.—The Sinclair Oil Co.’s Hartley 27 well is reported as coming in with an estimated flow of 25,000 barrels a day. This is the largest pro- ducer ever brought in in the State. . FEDERAL RESERVE Richmond District Bank Can- v tinet L | veport Iy ill\un;:h | wa dullnes definite tat | ing a|weeks énding reaction on the disappointing Liver-|per cent by i the ;\\ hich is atively review sued above below | exceeding slightly 1925 | ceiving deterrent in West Virginia, and declining price for cotton and pressing reported. {however, reported sound in spite « | these s available labor seasonally of the purchasing power of ti ed fewer | All Other Groups of Commodities | { By the | Finished manufacture { stituted most of this cof it [other with the same month last factured foodstuffs were shown in im- that month Commer. 09 | lowing s compared | 000, @ Railway ( §4 | 000, 000, interesting | fa uary report is the | 000; increase in net railway operating in- | 000, | stuffs, $42,110,000 | manufactured a change in the trade balance from the $388,503,000 917,000, account of weather mar whites, Idaho sacked russets, 4,6 heavy per cent rentes, 47 francs 30 centimes. francs jo ; E | WOOL CLIP ON MARKET. 1926 Production Already Being | Moved, Prices 32¢ to 34 1-dc. | ‘v VERNAL, Utah, March 31 (®).- | Movement of the 1926 wool clip has | begun with theé announcement that several contracts have been closed at | prices varying from 32 cents to 3414 cents a pound. This is considerably | below the average paid for the 1925 i clip. Business Slump. ! Charles 1. Tuttle, representing @ large Boston broker. It was an- nounced yesterday that Tuttle pur. ased 30,000 fleeces at 3412 cents a imd. These fleeces will average | 1% pounds, By the Associated Press RICHMOND, Va., March 31.—Bv hess during February showed a “dis- | dullnes: lacking the | risknest characteristic of the win. | MONTGOMERY WARD SALES. ter months, according to the March| CHICAGO, March 31 (#).—Mont- of the fifth district prepared | gomery rd & Co. will report an in the Federal Reserve Bank Al- | erease of better than 10 per cent in | the total volume of b ness | their Marc] sales. The total in probakly not much below the! March, w $£16,019,974, which mal average, the review said, o w the fourth largest morth of last s noticeable for which no| vear, on could be given. to individual aceounts banks in lead cente during the four March 10 dropped 4 the total reported for ended Februa 10, ally one of the compar- low points of the year, STATEMENT OF THE CONDITION said. “Building permits is- JE e in February were very il Globe Rutgers Fire Insurance and valuation, and were considerably those of Februar: 1925, t day of December. 1925 Wholesale trade was not up to the B A sonal average. Retail trade, while o ' that of February rded by unfavorable 1 stock paid up. in cash ther, and department store col - fons were slower than a year ago.” ASSETS, Textile mills were reporied as re- e fewer forward orders than expected; mild weather had a effect on the coal busin =& “Tot el tr BAR SILVER PRICE. NEW YORK, March 31 (®).—Bar Mexican dollars, 50%. de low weeks us four, - —_ e 00.000.00 s 500.000.00 f e stock ‘mortgages (first < 4.850.00 ret 56.400,706.30 Premiume uncoileeted and in hands of agents .. Interest d W aceried Al other s 3 wer 23 bonds (m tobacco exerted influence on trade, de was 867,622,096 68 ... $6,830.580.00 | law 65,5727 6.400,000.00 1.055.000.00 700.000.00 3,500.000.00 | 5.000.000.00 | 24.161,94385 | 7.022.096.58 irannactad durin | cean marime. autn arine. tornado. hait . civil commotion and | and earthquake. i aastimed ! 25. . $4,228,257.707.00 Losses sustained during the | Mney received” during the 35.027.142.67 Apended durinz ‘the’ Year Total assets LIABYLITIE claims. required Fundamental conditions wer Net Tes Bor Salar taxes. et imissions pital stock ATl other liabilities Surplus un 5 unfavorable by b2 ture was reporte hecanse of f: w her. factol Agricul- in better condition orable early season Credit was said to be for all legitimate needs, nployed, and time bunks signatory > bank expenses, brokerage, "efc’ ts in memi ing public. Insolven than in Februar; | =prinkier xplosi Ammorm FINISHED PRODUCTS -5 of Tisk R IRARI A 31,313.640.99 W H. PATLISON. Vice President b MULVEHILL. Secretary Subscribed’ and sworn to before me this 15th of February. 1926 [ JOHN ¥ VAN DEUSEN. Nogary Public’ County. No._86. Reg No. 7044, jed in New York County, No. 7087 Com mission arch 30th, 1927 WOLF & COHEN, Agents, 518 Woodward Bldg., 15th and H Sts. N.W, iy Shipped From America Less in February. irticles con- | ntry’s export February, while Ips, except semi off compared yenr except je during export manufactures | TRANSIT— = —MARINE | BA 2 AND CARG INSURANCE. | Insurance on goods during shipment. while | in transit. by freizht, express or parcel post. | Insurance’ on fine art and other exhibits | during shipment or while on_exhibition. Tn- | surance on jewelry against “all risks. | STATEMENT OF THE ITION | of the U.S.BRANCH, THE INDEMNITY MUTUAL | MARINE ASSURANCE COMPANY, | LTD.. OF LONDON, On the 3lst day of December, Gains in all classes manu ports. Detailed o made public today by the G the fol same | alysis of foreign trade for | | Department as compared month last year Exports — Finished manufactures, | quired under the 6,000, ags $117,882,000; crude | smended June 30, materials, $89,317.000, against $129,.] 1911 333,000; semi-manufactures, $47,917.- Deposit capital inst $47.781,000. manufac tured foodstuffs, $41,837,000, against 47,000; erude foodstuffs 2 gainst $23,488,000 Imports—Crude materials, $174,0 gainst $130,658,000; semi-ma Interest due ures, $72,844.000, against $63,657,- All other asse! Reinsurance finished manufactures, $63.531.-| due on paid losses . against $£62,590,000; crude_food against $36,778,000 £35,998,000. showe with the 1025, as re- | lumbia Code, | August’ 18, $300.000.00 ASSE Cash in bank = 5 Stocks wnd bonds (market value) 2 Premiums uncollected hands of agents $125.003.34 1,046.400.00 90.662.15 11593774 12.203.66 85.952.89 and " in Total assets . foodstuffs, 4,000 showed Net Reserve as re Deposit All other Surplus $34 figu gainst The S no liabilities Total imports were Lok previous estimate. t exports of $3 Seh Total liabilitics $1.285,952 89 “haracter_of business transacted during the year 1925—Registered Mail. Amount of assumed year 1925 .. .$333.929,221.00 during the 321.854.85 ned 688.098,17 Goaite 715,003 87 APPLETON & COX..'TNC Attorney-in-fact. ZIEGLER, Treasurer. Subseribed and sworn to before me this 50th day of March, 1926. (Seal.) A. FRED_SEBRING, Notary Publte. 234 t:‘;;t_v_hcale filed in | POTATO TRADING LIGHT. CHICAGO, March 31 (#).—Potatoes -Receipts, ars; total United States shipments, 756: trading light nd late arrivals et firm: Winconsin sacked round 4.5024.70; mostly around 4.60 24.80, accord ing to quality. PARIS PRICES HEAVY. PARIS, March 31 () on the Bourse today Kings Counts, No New York Count Prices were | p Three | i ( ; 5!“1!’1?2 gffllflgl ompang Established 1890 as Storage Dept., American Security and Trust Co. 1130 FIFTEENTH STREET. ‘ackers, Shipping Agents, Foreign Forwarders General Insurance Agenis on London, 139 francs Five per cent loan, centimes. The dollar w uoted at 28 francs $3 centimes. Exchange centime: The Leading American Fire Insurance Company Statement of the condition of the AETNA INSUR- ANCE COMPANY OF HARTFORD. Established 1819. Unequaled in protection, unrivaled in loss adjustment. Every policyholder a friend. STATEMENT OF THE CONDITION OF THE Aetna Insurance Company of Hartford, Conn., of December, 1025, as required under the District of Columbia the 81st d i Code amended June 80, 1902, and August 18, 1911 $10,000,000.00 tock authorized Capltal stoc] bt Capital stock, pald up, fn / Cash n office £8.140.92 " . 9.008,644.44 Real estate ... .. ....... Stocks and honds (market vaine) ... Bills recefvable ¥ Premiums uncollcted and Toterest due and accrued ........... All other nssels. relnsurance due on paid losses Total assets LIABILITIES. Net unpald claims for loss Reserve as required by law .. Salarles, rents, expenses, taxes, Commissions, brokerage. &c..... Cash dividends remaining unpaid . Capital stock ....... All otber liabiiities, surpius Total Mabilitles ....... i Y Character of business transacted during the year 1925: Fire, tornado, auto, inland, hail, rain, sprinkler leakage, riot, earthquake, &c., insurance. Amount of risk assumed during the year 1925. +.....$5,208.278,789.00 T.osses sustalned durlog the vear 1025. ©'814,419,280.08 Money received during the year 1925. & 5,081,184 49 Expended during the year 1025 ... % T $241100.368.16 RALPH B. IVES, President. . BOSS McOAIN, Secretary. W iubeeribed and sworn {6 hefore me this Sth day of February, 1026, (Seal.) G. H. GRANT, Notary Public. Offices 5th Floor, Woodward Bldg—Rooms 518-524 Telephones Main 7777 and 7778 ASSOCIATE AGENTS: Wm. R. Ellis. ...... 1539 I Street N.W. rment, Smith & Fuller Co. .. Central National Bank Bldg. Equitable Insurance Agency......Munsey Building Lloyd R. Turmer..... veen....002 Tth Street 8,W. _FINANCIAL. Money to Loan Secured by first deed of trust on Real listate in the Nation’s Capital Current Rates Prompt Reply ON: & LUCH 713, 715 and 717 14th Street Main 2345 Equitable Co-operative Building Ass’n JOHN JOY EDSON, Presiden FRANK P. REESIDE, Secretary Organized 1879 46th YEAR COMPLETED Assets ............$5,031,814.86 Surplus senes .$1,352,719.93 Subscriptions for the 90th Issue of Stock Being Received The Systematic Saver Accomplishes Most SHARES | $2.50 PER { MONTH aving through the Let your pay day be our pay day ‘quitable. nd continue to save regularly. This way you can build up a small 915 F Street INSURE NOW STATEMENT OF THE CONDITION STATEMENT OF THE OF THE OF THY Patriotic Insurance Company of New York Fire Insurance Com- America pany of New York On_the 31t day of December, 1 On_the H1st December. 1925 required “under the District of e District of Coly bia ' Code. amended ~June 30, dedt Jur 1902 and and August 18, 1911 1911 pital stock . ital Stock g Srpeeia CONDITION as '« um- 1902, August 18, $200,000.00 in ...$200,000.00 tal stock, paid up. in paid " up. b £200.000.00 SETS ASSETS A e Cash in office Cash in hank . Real estate (first Tien) Stocks and bonds Value : Premiums’ uncoileted in hands of agents Interest due and accr Al other assets Cash in_bank £160.654 97 Stock andbonds T S Premiums “uncoliected “and in hands of agen Interest due and acerued All other assets: Reinsur- ance recoverable on paid losses .. i : Total (market morizages 1.300.142.50 7 (market assats . LIABILITIES. Net unpaid claims. ... .. Reserve as required by iaw Salaries. rents, cxpenses, taxes. etc. .. Commissions Capital stock @111l Alf ocher liabilities” Esti- mated expense of inves- tigation and adjustment L Of Joses .. ..... x MO v ars 27 5 o oe Total assets .. LIABILITIES Net unpaid claims Regerve s ‘1 Rarrowed mones Sajaries. rents. expenses axes. ete pital stock A1l other liabilities Surplus . £99 421 9% T 160.000.00 3 991.25 okerage. .600.00 dada 200,000.00 Pty A Total liabilities Character of £.000.00 43 business transacted d Total liabilities Character of ing the year Ieaka~a Amou.t of risk assumed during the year 1925. Losses incurred _during during the year 1925 Incom= received during the vear 1925. ... 98.27 Disbursement during the year 1923 .. . 021.493.74 ELLIOTT MIDDLETON, Secretary Subscribed and sworn to before me this 23rd day of February, 192 (Seal.) FLORENCE M. SHEPARD, Nogary_Public, Queens County, Clerk's 0. 3705. Certificate filed 'w York County Clerk's No. 151 Reg. No. D7. Term expires March 30, 1627, 7.972 ' tranacted dur- Fire and sprinkler Amount of risk assumed Losses sustained dur the: year 16 " The vear 10%5 615,32 Expended during the yea 5.096.368.00 68260 Viee President 297, J. A CAMPBELL H A COSGROVE Subscribed and worn this 13th day of March, (Seal.) THOMAS Notary Public, Kings County Certificate” fil office.” Xo. ¢ County Register's Office term expires March 30 " ‘hefore 1926 FOX §. Y No York J. Leo Korr ReEAL EsTaTE & INSURANCE 923INEW YORKAVE.:N.:W. 12 37'WPISCO NSIN AVE.N.W. WASHINGTON. 1926 Amalysis S. S. Kresge Company Operatingachain of 315 Five-and-Ten-Cent Stores The 1926 edition of our Kresge analysis is now ready for distribution. It calls atten- tion to the remarkable record of this chain. CAPITALIZATION Asthorized Ouistanding Preferred Stock, 79 Cumolative (par $100).. $ 5,000,000 $ 2,000,000 Common Stock (par $10).. eiie..... 100,000,000 36,786,197 BOTH ISSUES ARE LISTED ON THE NEW YORK STOCK EXCHANGE N The figures below compare operating statistics of the Kresge Company reported during the past seventeen years and show the large earning power behind both the Preferred and Common Stock issues. Federal Taxes $ 310993 408,957 470,866 669,179 860,686 1,150,497 1,293,219 2,172,348 2,360,988 2,950,999 3,505,201 3,678,506 4,627,032 7,576,417 10,893,988 11,564,163 13,509,260 Gross Sales 5,116,009 6,508,752 7,923,064 10,325,487 13,258,227 16,097,393 20,943,300 26,396,547 30,090,700 36,309,513 42,668,061 51,245,311 55,859,010 65,191,467 81,843,233 90,096,248 105,965,610 Stores 42 51 64 85 101 118 140 187 164 170 176 189 199 212 233 256 304 Year 1909 1910 1911 1912 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 The company has opened 11 new stores since January 1Ist and plans to open 39 additional stores during the year. Our 1926 analysis will be sent upon request. We also have in preparation similar data on McCrory Stores Corporation, National Tea Company, General Railway Signa! Company, G. R. Kinney Co.. Inc.. Oppenheim, Collins 8 Co., Inc. Gotham Silk Hosiery Co., Inc.. Peoples Drug Stores. Inc., Western Auto Supply Co., and others to be announced later. Merrill, Lynch & Company ~ 120 Broadway 11 East 43rd St. New York Chicago Detroit Milwagkee Denver Los Angeles Members of the New York, Chicags, Detroid end Cleveiand Stock Eschanges