Evening Star Newspaper, April 8, 1926, Page 31

o~ ORDERS DVIDED N COTTON TRADING Prices Steady, With Fluctua- tions Within Range of 3 to 4 Points. Br the Ammnciated Press NEW YORK. April £ C(ntion futunes opened steal May, 1883 18.25; October. December 1 January, 17.10 The market was irregular in today's earlv trading. Liverpool was rela tivel masv and some traders placed A more faverable interpretation on | the weather map which they thought pointed to clearing conditions. Others, hewever. apprehended a renewal of nrgettled asather owing tn the presence of & low harometer nn the | Pacifie oast, which they feared would mave sastward. On the whole, mviers | were fairly well divided. | The opening was steady at a decline | of 2 points to an mdvance of 2 points. | Prices fluctuated within a_ range of 3 er 4 pointe du-ing the Arst hour. May Selling around 18.78 and October. 1842 nr about 1 10 3 points net lower s New Orleans Quotations. NEW ORLEANS. April 8 (). ot fon Tutures opened steady: May. 18.11 Juiv, 17.71; October. 16.90: December 16.92: Janvary (1927), 18.90. The mar- | ket wax stsady. notwithstanding the | fact thai Liverpool was harely up 1n »xpectations. First trades show i e8 gaine of 4 1o & points. As the | northern market did not impreve at | the =tart prices here eased nff a few | points after the eall. hut promptiy | valled again an the nunfavorable eather outlnok. May tradinz up to 1233, July to 17.71 and Octohér tn 16.90. or % tn & points ahove vester Aay's close. Trading was light. there heing 2 disposition to wait for further wekther Aevelopments and advices as to erop preparetions Cotton Steady at Noon, NEW OR NS April 8 Cotton noon hids May- 180 17.65: Octoher TPesember, 16.86: January 16,88, * NEW VORK. April 8 (#).—Cotton futures 11:45 a.m. hid steady. R0 July 1 Octoher Deeamber 17.15: January 3 ), steady 16.82: | - DIVIDENDS. Par Stock at | anie Mar Mar June e rnd. Rate Q $2. 232 2%y PED! ey v e GERMAN BONDS AND STOCKS.| t@moted tn dollars per million marks | 1 2 (w Iy Bx IBIAIR 11ADB0 113N e 4300 184017800 18000 « ted in dollars per thousand marks.) er Gen Blec 4155 pre-war 23.00 3 en Flec 41,8 1910 .. 1.75 o g'flml.' Rank Binch Bank autache Bark armat ank Marcar Bank Vienna. Fevaen Chemical Anw A G (Gen Blac) RerMner Handels TREASURY CERTIFICATES. (@notations furnished by Redmond & Co.) B%s Dec Bs . o S$HORT-TERM SECURITIES. 1®irorations tarnished by Redmond & o ) " —Noon.— Offer 102y 107 Bh Afirond. P & L. C 8 1020 Alum Co_af_Amer. A33.. 1 7 17 25538332323%332% 5359333330335 PEIEESCEE 3 Gros Northern G0 Tors. Pa. Humble Ol 534 T &S EM i Y £ 7% 2033355505 0TSS5 553 33333 e 33333 7, FERB3IR 3 . v 8% 1038, Westinghouse E.&M . 7s 1031 FOREIGK EXCHANGE. (@uotations furoished by W. B. Hibhs & Co.) cv FPPLTPRNES 4 Are You a Sucker? Toen many people put their money in day dreams and wake up broke. Never put your name on the dotted " until you have inquired of some one in your bank what he knows about some stock issue that is offered to you privately. NEW YORK DAIRY PRICES. NEW YORK, April § (#).—Runtter steady: receipis. 8123 tubs. Fggs| easy: receipts 34.653 cases. Fresh gathered, extra to firste, 31a31%: do, storage packed, 31a31%;; fresh gat ed; seconds, 2914a30: nearby hennery whites, closely selected extras, 351;a37 Paecific Coast whites, extra. 37a3s. Cheese easy; receipts 204,817 pounds. Stpte, whole milk flats, held, fancy g > - ; FINANCIAL. Reveived by Private Wire | BY WILLIAM F. HEFFERNAN. | NEW. YORK, April 8. —Low | prices were reached in a majority of instances on the curb exchange today. Motor stocks were prominent in the selling, sentiment being influenced by publication of several first quarter re- ports of prominent companies which did not come up to expectations. Durant Motor was offering at frac: tionally declining prices and selling of Vellow Taxi was particularly urgent At times.. Stutz Motor shared. in the decline, despite publication of what were apparently favorable shipment ficures for March and the statement that the company had on hand nn- filled orders tor 2,414 cars. Fajardo Sugar rose 2 points Wed- { nexday when it wax announced the rezular dividend had been declared. Today it lost almost twice that amount to 13 Sentiment toward sugar stocks been- influenced by failure of the sugar market to show any signs of recovering from the almost ex- treme low level for both the ra NEW YORK. Aprn &-—Following 1= An affcta] Nt of honds and stocks traded in on the New York Curb Mar. ket today Sales in RONDS S 252382323333 POl 2393599333953 233 2308 3322222352 23322 on B8 Coodresr T & Bsa a8 3R Goodrear 5 Frideo i i 3 iod mubler 7a 1 10410 8 55 ex & F S Blys STANDARD OIL ISSUE 1Ry 1 Sales in umte 200 Angln 400 A1 Lo} 1000 Contin O1l Am o1 hoe 0 O pid pew 20 Humbie DIl & R 200 gumb Of & R 0 3000 Humb Oil & R rts 00 Intar, Pet € Ltd 100 Nat Transit 100 Ohio O .- 100 Penn Mex ¥url 500-Prairie 0 & & n Refi 00 Vacuum O1f Sales INDEPENDENT OI1, STOCKS T Randress . O Coni Oufisl MO i Am Marae Reacon OF Cardinal Pet Garib Syn Washington Stock Exchahge nw:A:ZE;i-r. 4+—$3.000 at Washington R a —5 at 106, 3 at 108 o 1108 n € P 106, 10 at_1086. 3 at 3 & Washingion Steamboat Co.— 0 « Electric Power pfd.—2 at 1081 at 10A) 5 4008 Waihing ar AR at 0 AFTER CALL. Lanston Monatrpa—10 2t K1l 40 8t X Washington Gas Light—10 at 70. 10 at ""washington Gas As—$500 at 100%s. shington ) Lanaton Monotype—20 at Money—Call loans, 8 and & per sent. Bid and Asked Prices. . BONDS. PUBLIC UTILITIES, | American Tel. & Tela American Tel. <. €. & P Telenhone Capitai_Traction City & Suburban 58 arzetown. Gas st 38 oF Va B R. s ntomac Elec. M. Wash & Apnapolie 5 Washington Gas ba. Washington Gas 88 .. Wi ;tw.v A" Elec. #a. 0 w ws. & Elec..xen. 6s MISCELLANEOUS. D. C. Paper Co: M Pot. Ji. Stk Bk Be Southern Bldg. 6las.. .. MKkt. Cold Storage BA.. Wash STOCKS. PUBLIC. UTILITY. Amer. Tel. & Telga.... Canital Traction ... .. Washinzton Gas Norfolk & Wash Potomac _Elec. pi! 3 potomac Eloc int, ot o vashington Ry . rqm. wahinsion Ry & e O TRUST COMPANY. merican Security & Trast. &oniinental Trom. - Merchant Nations) SAVINGS BANK. Commeree & Savings.. 21 aat W ashangton ety Sav Anth Strast. : fed States Washington Mechanics ... FIRE INSURANCI merican to .fancy specials, 26a28; do average run, 25a25%. FEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Soms. 1:30 p.m.) Maturite d ay 194 22 TErs .......-... PEECEs U S 8322223332322 PR a e IS . axmem ‘orcoran iramen’s National- Onion. TITLE INSURANCE PR v and | side. THE EVENING STAR, NEW YORK CURB MARKET Direct te The Star Office refined product. Whenever bids have been raised during the past twe monthe they have attracted further lquidation in face of reports that strong banking interests have become active in the sugar market with a view | to stabilizing the industry. So long as world production continuss on_the in erease, however, little can be expected in the shape of higher prices for the commedity. despite the fact that the raw product hhs been selling at what is considered well below cost of pro- duction for most producers. The main points of weakness were shares of baking companies. Losses in this quarter ranged from small fractiops In the low-priced issues to much ‘as 3 points in the preferrad stocks. Speculation for ‘the rise in these stocks received an abrupt check when the Department of Justiee some time ago refused to sanction consoli- dation of the larger companies. Since then there has heen no outside incen- tive to renew operations on the buyving ¥ b A Creole Synd 2 Euelid Ol Ca. . & Gibwon Oi1 Corn 1 Gulf Oil of Pa Pet & » RoPan - » Baw. SIEERESS 2228580 23 Han I nRan D RIS - u30—s0 nezuelan Per. arner Quinlan. Pet new 3 Diswm B35S0 5 £ 2riSES P 2 Hach A omw P C war.. on Gas Bal new Conso] Laung... Cons Daire Prod § Continen Rak A 0 Continen Bak R. 2 Contl Bak nfd.. 2 Cont) Toh C6.. ourtlaulds Lid': ergress Cigar. N T C ete unhifl Tl L0 14 Durant Mot 7 Bond & Sh nf 108 % B & Sh nw Co AR 7\ Invest Ine D¥ox Theatars 4 &1 Freshmin Chast R Gen Bak A 186 Gen Bak B 1Can Tos Cream 20 Gillett Saf Raz A07, 1Glen ‘Alden Coai 1507 T Goodgear T &R 3 5Crmes R & F R A9l I DSIA D WL i) 7D SRR AR RE55 L 530R5L 33T 37 Lambert Cn 40 2 Tandovar Bal €A 31 Land _Co Fla *n Pow new h VI C N JER oCord by 55 TREISRNSIRN325, 552132, o Ont T & B ot ot ; " Sta P s pown 2 120 R 2191 I = Db P Sou Cal E A With'ton 1B EC n Paper.. 5% Fon &% TR W RS 329 oneom 39 P 3013 % 3 2 3 DA I b D 322 nanatin SAzAuG —an3oi —a—aa =903 PR FEF 3052 2ae Erret 2 FET [ Con. % 1 Enr Gid M Lid 1 20 Fureka Croe 10 For Gold § 00 Forty Nine M . 50 Hawthomme M 1 LAdereme ¥ s a5 1Tono Belmont. . 12 Tonoga Ext.’ 20 & TS Contl_ . Ttah Metals NEW YORK PRODUCE. Special Dispatch to The Star. NEW YORK, April S8.—Barreled apples were in rather Nght receipt. At New York Central pier 17, North River, grade A Rhode Tsland Green- ings wholesaled at $5 to $7 per bar- rel. ‘Baldwins ranged from $2.50 to $3.50 and McIntosh from $7 to $9. Owing to the unfavorable weather, potato trading was rather siow, but the undertone of the market was strong. Some sales for New York upstate potatoes were transacted at $3.50 per 150-pound sack. Most Majna offerings in similar containers rea ijzed $5. Florida new erop. No. 1 Spaulding, rose in double-headed har- rels. brought up to $18, and No. 1 Red Blisa in bushel erates sold at $6. ~o— DELAWARE RIVER TRAFFIC. PHILADELPHIA, April. 8 . (Spe. cial).—The 12 ferry boats operat- ing between Philadelphia.and Camden by the Pennsylvania Rallroad carried 50,000,000 passengers in the last year, while 3,395,148 vehicles were trans. ported across the Delaware River, The effect of the opening of the new Delaware River hridge will depend Inraely on the bridge tols, as vet un- xed. h e 1320 RainE3- 8553222, Find Traces of Ancient Race. Special Dispatch to The Star. LO8 ANGELES. Aprfl 3. new @incoveries, throwing adamiem) light on an ancient race, have heen made, at Pueblo Grande de Nevada, the buriéd city of Nevada. Ths archeological finds were deseribed :“Itl: })y G(:v'; ’&:hrukmm. who has following with interest the Vi work in his State., e ‘They include the. remains of the worke where these ancient people ob. tained their 2,000 ' years ago, ledges' where they mined for orna- ments and remnants of elothing in- Aleating famiMarity with the use of cotton. ] RAILROADS IN EXCELLENT | {3.005 tocomotives retired in 19 inew lacomotives have been installed in WASHINGTON, CONSTRUCTION % LOANS FRED T. NESBIT Investment Bldg. M. 9392 rust ON HAND —Auvailable for Both Building Loans and Completed Properties Reasonable Interest and Commission JAMES F. SHEA 643 Louisiana Ave. N.W. WE BUY Second trust notes secured on income producing Wash- ington real estate. Money available for first mortfa(u and construc- tion loans in any amounts. Resources Over $2,500,000 REAL ESTATE MORTGAGE & GUARANTY CORPORATION 268 Jackson Place L. E. Breuninger, President. PHYSICAL CONDITION Rolling Stock in Best Shape It Has Been for Several Years—10,105 New Locomotives Installed. Due to the enormous capital ex- penditures which have been made dur- ing the past four years. the rallroads of this eountry are now in the best physieal condition. a0 far as rolling atock i concerned, they have heen in recent years, according to 8 summary of reports just received for the year 1925 frem the carriers by the Bureau of Raflway Economics. During the past four vears st oney 10,106 service, whereas 10962 were retired. While this was a decrease in the number of units installed, compared with retirementa, the average tractive power per locomotive in 1925 was 40,625 pounds, compared with 36,935 pounds in 1922, or an increase of 10 per cent. In 1925 3.006 locomotives were vetired from service, while 1,733 new Incomotives were installed. The had an average tractive power of 32,394 pounds, while the 1,733 locomotives in- stalled had an average of 52,798 pounds, or an increase of 63 per cent Approximately 43,000 more freight cars were installed in service during the four-year period which ended with 1025 than were retired. The aggre. xate freight car capacity in 1925, how- ever, was 44.7 tons, compared with 42.5 tons in 1922, or an Increase of 5.2 per cent. Money to Loan Secured by firet desd of trust on real sstate. Jonfiwm“’?, .t:‘; 4 Third of a Century's E.xperience Your Rental Property Can Earn More —in all probability. For a third of a century we have bheen active in Jeas- ing, supervising mainte- nance details and collect- ing rents for an ever- growing list of clients. l.et us put this expe- rience at your service, for vour profit. B. F. SAUL CO. Main 2100 925 15th St. N.W. Back of the Gold Edge of our First Mortgage Investments Each Loan is made on Real Estate lo- cated in Washington City. the seat of the U. S. Government—a feature that insures stability of values and Dollar Protection. They are safe. dependable. and vield an annmal return of 6 % Mortgage Investmemt Depr. 713, 715 and 717 14th Street N.W. Main 2345 SPECIAL DEPT. FOR LADIES SAFFE DEPOSIT ROXES TRUST DEPT. TRAVELERS' CHECKS AND FTTERS OF CREDIT Up to Par High conception of our duty to de- positors is what has kept Metropolitan service “up to par” throughout the cen- tury and more of this bank’s existence. Your business ss mmtetl. National Metropolitan Bank 15th St., Opposite U. S. Treasury Organized in 1814 —112 Years Old COMPOUND APPLICATIONS INVITED for LOANS on ! IMPROVED PROPERTY Located in the Distriot of Columbia and adfacent Suburbs in Montgemery County, Md. 2 ..Apfilr te H. L. RUST COMPANY LOAN CORRESPONDENT ®4¢ PRUDENTIAL INSURANCE COMPANY ¢ AMERICA 912 15th Strest N. W, Main 6888 D. C. THURSDAY, APRIL 8, 1926, NO LOSS Te Any Investor IN 53 YEARS THE F. H. SMITH Co. Firee Mortgage Bonds 915 15¢h 8., N.W. . Washingten, D.C. 7% First Mortgage Notes Recnred on N.W. residontial properties, reads tor immediate delivery. $358 mp. Clarence L. O’Donnell 1010 Vermont Ave. N.W. COLUMBIA PERMANENT BUILDING ASSOCIATION PAYS 5% Assets. Over $700,000 733 12th Street NNW. Melvin C. Basen, President Floyd E. Davis, Treasurer Clarence 1. Gessford, Secretary Loan Secured by first deed of trust on Real Estate in the Nation's Capital. Current Rates Prompt Reply 713. 715 and 717 14th Street Main 2345 | Mortgage Notes 6'2% Secured on the Choicest of District of Columbia Residential Properties You have only to see these properties to know that no other guaranty is necessary for the protec- tion of our investors, | William $. Phillips & Co. INCORPORATED il 1432 K St. N'W. Main 4600 VIRTUES - A S after FINANCIAL. The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real Estate in the District of Columbia and Nearby Suburbs in Montgomery County, Maryland. FOR 3, 5 OR 10 YEAR PERIODS 9Y2% ON APPROVED SECURITY Apply RANDALL H. HAGNER &-COMPANY MORTGAGE LoAN GORRESPONDENT I 1321 Connecticut Avenue Telephone Main 9700 I A Safe Investment | Convenient, trouble-free and providing a rate of income that recommends it to every, investor URCHASERS of securities for invest- The Company will thus af- ment find in Bank- ford its shareholders a par- stocks Corporation features ticipation in a carefully se- that make lected and this offer- properly d&- ing a most versified desirable group of outlet for Bank and sums of any Trust Com- size. pany Stocks ANK- and the STOCKS sharehold- C O RPORA- ers will in TION is a effect be- holding come in- company vestors in all f o r Banks, of the in- Trust Com- stitutions panies and Financial In- whose stock is held by the stitutions throughout the Compeny. United States and Canada. Housen Business Properties Apartments Office Bufldings T T | ST T AT I R ) BANKSTOCKS CORPORATION T S TR S TR S Price, $50.00 per share and accrued dividends carrying one- half share Class “A” Commen Stock as a bonus. WE RECOMMEND THE ABOVE FOR INVESTMENT B. A.HARRIS & CO. M.P.DRAIN & CO. Citizens Bank Building Insurance Building BALTIMORE WASHINGTON, D. C. Calvert 5467 Main 10350 COUPON Please send me full information regarding issue of Bankstocks Corporation, without obligation. Address ... PERSONAL 4vp BUSINESS NATHAN HALE lay dying, being captured by the enemy, he uttered the words which will ever remain undying: “T only regret that I have but one life to lose for my country. He expressed to posterity that unswerving loyalty which is at the heart of every true patriof. The loyalty which Swartzell, Rheem & Hensey Company has shown toward ite investors through over a half cen- tury in business, is best exemplified by its record of fifty seven years with- out less to an investor. Today, we offer this loyalty to and to the care of the investments you are about to make. - Swartzell, Rheem & Hensey Co., Mortgage Bankers TT-15th. Street, LV, WashinglonDC. ARG Do 11,1 o UL, JR R 8 L F= VU WEPPY TR 6%% Fifty-seven Years Without Loss to An Investor 6%% '