Evening Star Newspaper, April 19, 1926, Page 24

"ENING STAR. WASHINGTON, D. ¢, MONDAY, APRIL 19, 1926. BUITUN |S EAS'ER DeePeSt s ” S SH'PBUII_DIN b e e D e | assert that a ship is essentially an |compete successfully with low-priced Biggest Producer « U {export commodits and must compete | foreign_ labar through mass produc with free trade ships built under low | tion cosis The building of the ships for the W rn Coast | Shipping men explain that ship | San Franciseo Hawaiian run is taker On este building is one of the industries not [to indicate heyond question a deter subject o mass production methods. | mination upon the larze interests to NEW YORK, April 19 (#).-What resort a would still he large enough noi to Kach ship is essentially individual, | make of Hawail a tourist along 18 helieved to he the deepest com- |Cables, Weather and Mill invite competition of companies oper | and varies aceording to the purpose | the lines already followed in Southern mercfal ofl well In the world is ating on this side of the horder. Ford ! . tor o & Outlook in South Are for which she is designed In a ship | California and Florida reported from Ios Angeles to like the Malolo, it is pointed out, only | have heen completed by the As- Motor of Canada closed Saturday at | 460, 1t sold well below this figure g Factors in Drop. PTNANCTAT.. L3 FINANCTIATL NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office 24 TRADING I QUIET INCENTER MARKET Potatoes Continue High. Dairy Product Prices Are Unchanged Today. Street took the view that such action would react “infavorably for American companies with plants'in the Domin- ion, but the sounder view was that if the proposal was acted upon, the margin of profit for these companies BY WILLIAM F. HEFFERNAN, NEW YORK. April 19— Withont | new developments in the news ove the week end to encourage public | participation in the market. the voi- | {ume of husiness today was nnusually | small, and price changes were (oo sight 1o he of significanc The autside public could on for coming in on eithe market and was awaiting further de. velopments in the industrial situation. The way the stock ticker recorded actnal transactions was entirely dif: ferent from that of the early davs of March. when it was running 15 and 0 minutes late in an effort to kesp pace with the large volume. At in tervals today the tick s at a standstill for time. | Ford Motor da. which had dropped spectacularly lasi week fol- Actual Shortage of Workers in Some Yards Reported at Present. 11 of the 15 public husses operating in the PDominican Republic are American make. every other line of plates on her sides | . * l can he placed without special fitting. Sosisted OILICo. " 88 \'"“’n",;'w',',h The plates of the lines between must a flow of more than 6,000 barres he hent and punched separately to fit of 29 gravity oil and 3,000,000 cuble today, and substantially vallied. | feot of gas during an 18-hour test. Rickenhacker Motor, among the |uv\" priced members, reached a new lw“" when it changed hands at 4. Baking company shares showed N SORK April signs of recovery at the outsel, but | T eed bavily sty there was no disposition fo follow up | e Cotober:.id Be the improvement. Hazeltine Corpora | dembar. 16.88: January.-16.64_ The tion was a weak spot in the radie|pmpels FRAC SERCAY At a decline Rroup. “Aroppiik to, MEw. 1o AL oE3 1o & polmis under selling promoted [ for ‘the year well helow 8. 0l 1P0" 8 C RO el rables, talk of lowing announcement of the proposal | shares did little. but some recovery | opable inereased Southern mill cur 10 reduce the Canadian import taxes. | accurred in several of the prominent | {niiment and a more favorabie view of fuctuated widely again today. Wall | public utilities. [Ruliment Adin o - Some sellers of last were disappointed uation, owing to continuance temperatures, and while the outlook was for generally fair over the belt. Lago O A there was covering and trade huving onard ON ... Y new crop months, This steadied e b 20 Lorlces around 17.04 for October. with Mount *Prod rallies of 5 or 6 points from the low 4 New Mex Land est. May selling at 1836 and Decem her at 16.74 at the end of the first 0 Roval Con 0 & honr. or ahout net unchanged to 4 point's lower The well in 5.925 feet deep and is producing from 1,346 feet of sand. 1t f= sald to he the largest pro- ducer in California since the close of 1923, WALL STREET BRIEFS ®) BY J. . ROYLE. Special Dispateh to The Star NEW YORK, April 19 auirements at the the Atlantic Coast cided improvement work heing done. Activity is lengthening materially the period of employment of shipyard | workers. { Shipvard aetivity is | factor for the seaboard communities | lalnnn, In some degree the number | market | By the Associated Press. quiet Dealers in the twholesale teday experienced the nsual onday. There were ample supplies of all products on hand. potatoes con tinuing scarce enough to Keep prices hizh Other more pl ay's p meats markets Market Rutter—Fancy ub, 45a16; store packed. 30 Szgs—Fresh selected, 29a3l 134, current veceipts, 28a2f , alive —Turkeys, hens, 40 ‘ing broilers. 5360: Plym Rock broilers, 113 to 2 pounds, smaller, 40ats; White Leg horns, 40a5. Winter chicken pounds and over, 40ads. (owls, roosters, 22 ducks, young, 30: old. keats, youns, $0a90. old. 452 Dressed—Turkevs, hens, 43 toms. 4; broilers, #0a63, fowls, 33a36: keats, young, 802100, old. A0af0. Live stock—Calves, choice. me dium. 12. thin, 7a%; hogs, heavy and medium, 1315; light, choice, 15; lambs, 15 Meats——Beef, 16: lamb. 22a24; dressed pork. heavy. 3023 Cotton fu May 19. njoy Your Home aMore This Summer More than 700,000 families b it e month by the practical mg%{nfiqu[ A Better Homes and Gardens Start reading Better Homes and Gardens this month. Get new pointers on how to raise flowers and vegetables of which you'll be proud. Sce how skilful arrangement of shrubs can convert a common-place yard into a wonderful home setting. The contents printed here give you only a few of the high lights of the hig May issue, justout. It's packed witharticles vou 1l enjoy reading. with ideas you'll be glad to use. Get your copy today. You'll agree with R C. Whitaker. of Portsmouth, O., who savs “It’sindispensableto amateur gardeners like myself."—and with Mrs obinson of Bloomington. I1l., who writes "I take several home magazines but I find Better Homes ahd Gardens best of all. Sorry I didn’t know about it sooner.” Read the May number of RHOMES B GARDENS Out todsy — at all news stands — only 1 ()C By subseription — one year, 60c; tro years, 81, abor shipyards along | indicate a in the amount Thiz increase in re de of a e hecoming and cheaper. Satur the hutter, egg and remained unchanged. Prices Today. Ipouad prints, 46a | NEW YORK. April 19. Following an official list of honds and stoc! ded in on the New York Curb Mar- et today: vegetahles YORK of Wall the pure Financial together consaolidating the two publications under the name of the former, A. Newion Plummer. owner and publisher of the News will retire from the publishing field to devote his time to other husiness interests Richard D. Wyckoff will he publisher and editor of the enlarged magazine. The has an of the April 19 street <o NEW Magazire nounced National with plans for week, however Sios Ionaeehn the weather sit of low 1 Ser 1 Citien 2 Cro 25 Ed ] ! ntd R € serin n Cent Pete d 0N Co O Cor and character of ships beinz huilt affecis the pocketbooks of every busi ness man and worker The volume of raw heing consumed in vards is extraordinari requirements are heavy ferrous metal trades also. Shipyard labor and the inerease in adding 10 the boving Nation as a whale For o vears shipyard jusually have heen emploved for 30 to 60 days and then laid off. Now the eall has gone out for ship fitters, ir stallation mechanics, air hammer men shipwrights. small hoat huilde calkers and hely with sieel experience, hen RONDS, Kirby pet High 10% a8 1, a8 materials American high and the henefit highly paid emplorment i power of the now ship housands. 1 ANum_7s new 17 Am Gas & EI 6s 21 Am Paw & Lt Be 2 Am Thread ¢ 6x AAm W W Bs A EEEFSEAER cos of stocks are inereasing the shareholders of several represent ative corporations, it ix shown in a | survey by Dominick & Dominick members of the New Vork Stock Kx Alav. | change. Of ten ccmpanies whose 17.80: .m 17.37: Octobey 16.38: De stock widely distributed f\%‘dlp d L Lo i | por an increase stockholders {cember. 16.37: January (1927). 16.35, | ported an in in \'".“’ . T The market was jier owing te nn during ‘ebruary and 4I|i4|1)| ‘,YIhH trades showed losses of 4 to & points, | AUATier-vear perio Liades Ahonel Jomics of oo LRINE | of monthly changes iand only one| (he’ colrBe=of T.\veryool. The rarkat | réported a decrease for_ a period of soon, Heodrme. steady owing to the | 18 months and evidently bad nathing weather map showing signs of unset "'v:Vr- with the 1y\r.1~n>-nv l.r;’avl ot Rk tled weather. andafter trading 17.80 The companies reporting an for Mav. 17.37 for July and 16.38 for | (vease were American Telephone and | October. vallied 3 to 4 points. While | Telegraph Co.. -’-'3: Ll ql:fihru sentiment appeared bearish traders | Ar 1 and March 19 iic Service {failed (o sell owing to the possibill. | Corporation of New Jersey. 3,003 dur % | ties of A return of had weather. The |ing March: New York Central Rail market war quiet and steady the | road. 3.241 hetween February 1 and end of the first half hour ’ | Mareh 26 Studebaker Corporation, 2000 hetween January 1 and April W., B.&A. PREFERRED |17, iy "m0 PRICE UNEXPLAINED 2,856 in the first quarte tandard Ol Co. of New Jersey, 18.0 bhetween Shares Selling at Two and a Half Times What the Common November 25 and Fehruary 75 ast Shares Bring. man Kodak Co.. approximately 300 Low p are poor xR is 10 Royal Con 0 & A Ryan Con Salt Ok Prod 2 Tida) Osage Oil 3 Tida) Osage O nv 11 Tidewater Oi} 2 Tidewater Oil Venezuelan Pet Rie Sales in INDDSTRIALS hundreds 2 Alim Co new E) vie Gas & FI L & Trac. . 204 Pow & L nw Pow & 1. nfd Roll “Miils p Sunerpow B Am Superpa pr n At Fragt Blise E W n wi Rorden Co Brad Fireorfs Bridgeport Mach Brill Brit-Am “Toh Cou Rklyn Cits R R Bu Nia E Pow Can'D G Ale Car Licht Cent ‘Pip Cor. .. Colline & Atkman Col & ‘Aik nfd Com P C new Com P new ptd Cons G Bal new Sonsol Lannd Contl Bak A Contl Bak B Contl Toh S Curtiss Aaro De For R Dubilier 10 Dura Dy Eitingan Sehild El B & Sh nfd EI B & 8 n Corp Ei Inveat Ine 22 Fl Refrig Empire P Corp n Engineers Puh € P S F 1 Belga Can Pap #s 7 Bell T Can hn A ABrun T & Fa_ 758 48 Caro P & L b . 4 . O Serv e ain @ " BRI Serv Be new 100 Serv 7a D 5 Cit Serv P&I Re 4 Con Tex Rs 2 Cuban” Tel 8 Cudahy 2 Det Ed A Det Fd 7n 1 Ettingan’ S L EI Refrie ‘o g W 2 Fed Suz 6 A3 Fruit and Vegetable Review. Fiek Tire 5igs. . Today's market report on fruits and AFia P& L vegetables compiled by the Market Goniral Bet Ba News Service, Bureau of Agricultural Ind 0 & G 61y Foconomics, say Laclede Gas Bls o omics, s Lehigh Pow 6s A Apples—Supplies moderate Cong 1s Li Bs moderate, market steady. barvels, Manito Maryland and Virzinia 21z-Inch vellow Newtowns and Winesaps, most Iy 6.00: A 21,-inch Winesaps. $50: A | J1y.inch Romes, some scalded. 4.00; A 2%.inch Ben Davis, 3.00. boxes Washington, medium to large size, ex- tra fancy Winesaps, 2.75a3.00 Asparagus—Supplies limited mand moderate, market firm dozen bunch rcrates, 4.50a5.00. large size, 2.0022.30 Supplies liberal moderate, market fairly stead: Carolina, 113-bushel hampers. type, 1.30: Florida, 11;-hushel hampers. i pointed type. 1.75. Texas, bulk per ton. o round type, 70.00 = Celery—Supplies light erate, market firm: Florida 3-4 dozen. few sales Lettuce—Supplies moderate: demand moderate. market steady: California, Imperial Valley. 4-5 dozen THad.00; & dozen. mostly 3.00: Arizona. crates Iceberg tyvpe, 45 dozen. 4.50: few, 4 South Carolina dozen crates Rig Roston type. 2.00a2.2 2 Hamhuie Onions. old stc Supplies light: de. Ttal Pup i Denm mand lizht, market steady: New York | % and Massachusetts, 100-pound sacks | yellows, U. 8. No. 1. 3.25a3.50. New | tock — Supplies moderate: demand | moderate, market slighti weaker; Texas, standard crates. vellow Ber-| mudas. commercial packed, mixed No.| 1 and No. 2. 3.30a3 | Potato Market Steady. | Potatoes — Supplies mnderaie; mand moderate, market steady stock — Michigan, 150-pound sacks, Russet Rurals, U, 8. No. 1. 850a8 few low as £.40. New stock—Florida, double-head barrels, Spauldinz Rose U. §. No. 1. 16.50a13.00 Spinach—Supplies moderate; demand | 100 Ohin 011 moderate, market steady: Texas, 00 Drairie 0 & 6 1 bushe] baskets, Savoy type, few sales, | g0 Prainig B L. .- 12.00 300 "0 Cal new strawberries —Supplies 2300 S © Ind demand limited, market S0 Nebill ida, pony refrigerators, 47008 O N Y 60 per quart. Louis RE S 0 Ohin 300 Washington 0 'n crates, Klondikes, 10a per quart INDEPENDENT OIL. STOCKS, Cauliflower sales reported Tomatoes—Supplies moderate; mand moderate, market steady; {da. sixes, ripes and turning, w best fancy nt. £.00a26.25 count, 5.00a3 fair quality count, 5. String bea New Orleans Quotations. NEW ORLEANS. April 19 ption futures opened steads ®) t warkers CONTENTS FOR MAY Succeed with Perennial Phlox A Pleasifg Garden Path Rose Laddera Plan Now for Winter Bouqueta The Advantage of Pan- eled Walia When @ Woman Plans & Home Adding Comfort to the And 104 pages of other articles and departments. is Am Am Am Am Am Am Am P 25a28; 19; veal, | pork hams, i te thousand men employed on the steamship Malolo, i the Cramps vard alone. This the largest ever bhuilt in an Americar vard. will be launched in June In ad ditlon 10 a cost of more than $7.000 000 for labor and material, hundreds of thousands of dollars will into her furnishings and fittings. those benefiting ranging from carpet ufacturers to silversmiths and makers of toyvs and zames, The new Navy cruisers der construction shortls Navigation Co. will let a large vessel to enter the inter-i trade in the Pacific. and man vessels will be built. In addition near 1y all the vards are working on hydre. electric or other heavy machinery Considerable difficulty is experienced in some in securing ool and makers, engine vertical borir radial he and milling maehine ope as well as pattern makers, molders and vi and bench hands Shipbuilders from the country will meet May 10 sider American merchant will cansider the Pepper {fore Congress designed | American shipbuilding throush protection The bill pro vear 4 per cent Government honds equal fn amount to the duty which would have heen collected on the con ponent parts of the vessel if they had been brought in from a foreizn mn try in fabricated form Rut this amount will not in any case exceed 30 per cent of the cost of the which shall he huili so as 1 availahle for Government of war 93 BR2RILER demand n at man; IS R P e o 001 Steel A Pan Am Pet & 2 P& L e a3 e 301 39 1018 i g bhe 1 Mats: f wil) The a contraet A Pure 01 Co 6lys. 1031, Rand Kar Bu 50us 10815 5Schulte R Ext 65 031y Schulte R Est 6 X 8312 Seast Pow & aaa] SONTY 6lgn .. 108 2 Switt & Cn demand Tex & F S So dal Osaze South 1 DoatDeare; pointed I S Run a13n 21 S Ruh 8%3a Rub A1 Ruh & Ruh 6 FOREIGN 7 Antioaua s B wi i de South very 3500 in the first quarter af 197 Mondy's Weakly cial conditions ina e size small size, Review of finan savs that notwith <tanding the more optimistic senti | ment. ®he lowest price level v yuched this yvear in the stock marker fe ahout 17 points above the bottom | | of the March reaction of 1925 and 19 | points ahove the extreme peak of the | hull movement of 1918 and 25 points above the peak of the upward swing | 1922, The erratic movements of | money are characteristic of a yeaction. “Our expectation major upward swing in hend prices heginning around Midsummer or a little la is based on the plethora of capital. the present redu tions of operating costs and the ah sence of any present or prospective impairment of industrial ma chinery 4.00 Cabbage- yards sufficient die and horizontal Arill press, turret oot 2 Cruel to “Physic Your Child upsets the most nonnnn Special Dispateh to The Star. ors BALTIMORE, should demand mod 10-inch BONDE, 211y 19, Why ind | April Raltimore n 100 (2 call sections in Philadelphia huildin marine. hill ates. 3.30 i Washington all o Electric sell at 3 Foundation_ F Kreshman Chas Garod_Corp Gen Rak Gen Bak B Gillette < 'R Goodvear T & R AGrimes R & C R L Happiness C St F T Hazeltine Corp Hellman R nfd Imperial Tohar Ind Rayon Co A Intern TUtil B Kraft Cheese Lambert Co 6 Leh Pow nex. Lib NcN & N 'n Mengel Box Mid West Utif Mid WUl ofd Mid W 17 rie Mohawk Hud P Naut Lerther.. .. Nat Pub Ser ‘A Meter A R Pow € o . " N States P ¢ A 3 Nor Sta P € nfd orthe Paw n Pende D Groc B 1t & Lamh € P ferved | hatf |, a Annapolis Railrond the They 9 Cologne & 0 Danish Co: » and L tock a price tv a times the price for the common stock? That propounded | jover and in the financial distriet here. but has heen | satisfactorily value of each At 23 the preferred is selling at 46 per cent of par. while the common brings only 18 per cent of par. Neither class of stock receives a dividend Roth dropped from the dividend lisi | in the Summer of 1924, and jundging from the earning power of the com pany it will be long time before divi dends are restored Al 23 or 46 per cent preferred atock aving no selling within 223 per cent of the| Py mpany’s first mortagage honds pay EUTT N <A ing interest at the rate of 5 per cent | Rand Kard B o A vear an: selling at fx3, '!'hmn’h 0 Motor another phase 1o the trading in the e Cxenhaiior, Mo jssies of the Washington, Raltimore Serv E1 € A of d and Annapolis Klectrie Railroad A South P & 1, which is mystifving the financial dis triet, Buvers as a runle confine their erations to a, single issue. that is w4y when the preferred is in demand he common is neglecied and vice versa. or if the honds are heing | | auired hoth issues of stocks ave rele e gated. This plan has heen consisten < Ruth Reclaim 3 Iy followed ever since the name of .J. e 5 F. Aldred has heen linked with the AL T purchases, i Talk Mach For many weeks the quotation of 8wh eew M _the preferved has not varied an eighth 2 Wila & C A of a point. Apparently it is peszed Satesho Yl Taxi €3 At 23, and it makes no difference Eaeniny whether 5 shares or 500 shares are 'Ens Gid M_Ld T offered at that price. it is quickly ST iniechd sorbed. For a shorter period there L has been a_standing bid of 3 for small | Val .. amounts of the common. | 'T“‘n'v» Nearly all the buying orders have ! e been execnted by three house. helief in the financial dist these honses are acting for Some of the buving orders e New York, but most of them here., tecently more interest has heen dis played in the common shares than for a long time. and during the last e Fther been ariff question has DR. W. B. CALDWELL AT THE AGE OF 83 over Dr. W. B. Caldwell, of Monti- lll. a practicing physician for it scemed cruel that so infants and child- kept constantly half sick. not The Kine e up o date it s 3 Kinon k1 : A 3 Leipzie 7 o315 5 Mor Bk Denm’ &x 10013 osio oslo Rhe Rhine Westph Sand Falls 5 S M_In Sie & Hal 5Sie & Hal 2 Solc & © 6e 1S Govt aripes, sickens or delicate system. Besides, it is ab solutely harmless. and so pleasant that even a cross. feverish, bilious, sick child gladly takes it. our To cello. 47 years, many constipated ren had to be “stirred up” and answered pat Issue is $50 a share There is nothing in sight to justify expeciations of anv imminent im provement in zine conditions through the world, in the opinfon of A Sharpe. foreign correspondent American Zine Instiinie. “The | | «afery valve is probably the fact that the present selling price in Europe ix little. if anvthinz. ahove the cur cost of production. Indeed. some works hadly placed are for the time heing operated at a loss.” Despite the pronounced fall in St. Louis, Mr. Sharpe reports that markei has con tinued 1o have little or no infuence on the Londen Metal Exchange. JUDGE GARY FORESEES STEEL STOCK DIVIDEND Says It Would Not Be Advisable at Present. But Indicates fi 2540 o an " : i, g 1 Slan 10 STANDARD Ofl, 1SSUES Buy a large 60-cent bottle at any store that sells medicine and just see yourself. Dr. Caldwell's SYRUP M of the While he knew that constipation was the cause of nearly all children’s little ills, he did _not believe that a sickening “purge” or “physic” was necessary. v he o nee in time Sales in of par. the Not Mass Production dividend. is rent In Dr. Caldwell's Syrup Pepsin he discovered a laxative which helps to establish natural bowel “regularity,” even if the child is chronically consti- pated. Dr. Caldwell's Syrup Pepsin not only causes a gentle, easy bowel movement, but, best of all. it never s The interest on such hends would he charged againat the receipis of the Panama Canal, and fund would he established each vear a sum eq Aifth of the valie of the R00 Imp 01l Can new 1300 Int)_Pet 00N Y Tranmt © rid an amertizatic whereby al to one.twenty i 200 Humble O & R n Londs wonld moderate: | steady: Flor- | hest, mostiy ! na. 25-pint mostiy 20a | Sales s on 10 FESTER R S Stutz Mot Swift Tntl Swift & Co Supplies SkEht; 1 Am Maracaibo € 6 Beacon O1l 3 Cardinal Pete. 3 Caribh Svnd 1R Serv new 16 Serv pfd n Lto& it & ki Flor- | < Future Possibility. apped. | chaice | fancy | Ry the Asociated Press F 1 NEW YORK. April 19. -Elbert H. rhairman of the United States Steel Corporation. today notified stock holders at their annual meeting in Ho- boken. N. .. that no stock dividend could he safely declared at this time hut indicated that such a payment | was possible in_the future “I may sav.” he added. “the may come when it wonld he legal. just and proper toward all interests. and safe 1o the cash requirements of the eel corporation. to issue additional mmon stock as a stock dividend to common shraeholders against a part of new improvements heretofore charged to capital expenditures. of conrse, if this were done it would add to the amount of cash dividends on [the common stock. it and when de two weeks a house not heretofore | clared. and might possibly in times nf identified with purchasing movement | depression interrupt their continuity has been biddinz for the stock. This| ‘It ghould not be done without pains. house was one of the principal sellers | (aking and conscientious —consider- several months ago when the quota- | tion. It cannot he done with safety at tion was nearly twice as high as it is | (he present time." AMERADA EARNINGS. VISIBLE SUFPLY OF GRAIN. NEW YORK, April 19, The visible MW YORK. Aprll 18 (P Net| 1o of smeriean grin shows the earnings of the Amerada Corporation| oo ing changes, in hushels: Wheat and subsidiaries for 1975 were $2.498, | qocreased 1,828,000 hushels, Corn de 425, equivalent fa $4.24 a sh | creased 1,584,000, Oats decreased 479, | the outstanding stock at the close of | ?00. Rye increased 50.000. Barley de- the vear, and a gain of £2.20 a share | Creased 143,000, over earnings for 1924. The increase | was attributed to larger produetion of erude nil and natml gasoline, im proved conditions within the indus try and the sale of storage oil a profit. Current assets were $2.57 386, equal to more than twice fhe Washington Stock Exchange' SALES Fapital Traction 5s—$300 at 99 % . %100 a1 1021y e he 51608 at demand moderate. market dull: Flor ida, 7s-bushel hampers, green, fair to avdinary quality and condition. 2.00a 3.00; some poorer, low as 1.00; few good quality and condition, high as 4.00 Eggplant few sales Beets- moderate of | i Supplies moderate: | | | | $2.000 ington Rwy 4000 At K] time squash Tan market moderate: steady hushel peppers establish Supplies market Capital Traction at PN, | 31,000 at 997, Wasiington 100 s, | $500 at demand Texas. ou haskets, Gas Ae t $1.000 at 10015, 001, Ga 53,000 100, Waehington 5 5200 at 10° > e | MRiets Nationa! Bank—1 at 43 steady. | Capital Tracton Co——10 at 105 g \hacostia & Potomae R. R. s A3--%500 at 103 Mones—Call loane. 5 and 8 per cent. Bid and Asked Prices. BONDS. PUBLIC UTLITY. 2 60, A3—-$300 a1 102, Supplies mand . moderate Texas, bushel baskets Cueu limited, square hampers, Tono _ Belmont riginate tnoderate Tonopah Ext el 21,000 at Ashinzton Gas 6s bers—S demand market lorida bushel crates and 7x-bushel | No. R.00a7.0h i upplies light steady EVERYMAN’S INVESTMENTS COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY American Tel. & Telea BY GEORGE T. AUGHFS, erican Te el Amer. Tl & Tel_ctl: tr. 5a. Amacostia & Pot. R R. 5s & Pot. zuar. 35 2 Telepnone Sa- ‘ i A SPECIFIC EXAMPLE Suppose we now apply 1o specific securitfes the rules given in preced- ing articies for common stock invest menis. Take first (nited States Steel common. generaily considered an in- vesiment stock. In the firsi piace, represenis a share in of America’s largest industrial organi zatlon. 1t i3 not a small or lncal organization. The stoek it known the world over. It has a ready mar. ket and collateral value at any hank | where loans are made on securities. | e : ral. ol Va o racton R 12, dealers | Oty & Su cent put of at CHICAGO. April ome here declare the per drop in scrap prices ha heavy melting steel below the cost roduction. Prices are quoted 1325 and $13.30 a ton ron to on Flee Pow. &, & rel. Tn... Alex. & M1V bs. Alex. & ¥i. VO dif Ball. & Annan. Bs.. Gas o : Washington - vaeh Rws AL T WanRey gon. Ba 10780 Petomar pot. El Wash.. Wash Steel common the husiness | A Britons Drop Bread. wheat harvests increased cost of hread compelling British - work people to economize in Its consumption. 'This CLEVELAND. — Cleveland's posi Hon as a center of stee! production for automobile compa e heing strengthened by its accessivility to De troit. Overnight shipments are now Kuropean of 1925 o | were poor, MISCELLANEOUS MtE B5.... - being made to Detrott the vear ‘round In Summer much of this is done by boat, while at other times: trains of trucks carry the steel DETROIT. — Retail _deitveries by | dealers of the Buick Motor €o. dun ing the first 10 days of April totaled 8,639 cars. This was 1584 move than were shipped from the factory. indi-; cating reduction in dealers’ stocks. SAN FRANCISCO. — Shipment of Spring lambs thus far have heen con siderably lighter than last vear, large. 1y owing to weather conditions.” The movement of live lambs.to New .Vork Boston and Philadelphia. torals about 5,000, compared with. 15.000 last. year. MACON.—Final spraying of Georgla peach treez has been completed, and the peach cron is.safe. exrept for. ex traordinary weather conditions. The new orchards in hearipz will about offeet the loss pausad by Aarch | freeze. An increase in north Georgia | apple production is predicted ROSTON.——Suncook Mille eook. N. HL. are operating with 8a per cent of the force and aperating some looms at ght | DEL RIO, Tex.~The increasing | prices being paid for mohair in Texas this Spring are attributed (o the.de- mand for this commodity (rom aute- mobile manufacturer: S R PORTLAND, Me. Maine potatoss have advanced to $1.25 per peck in the Boston market, and dealers are | predicting higher - prices hefore the Southern crop is available to relieve the shortage. | of Sun . Before You Invest—Investigate, It's queer how careful a man can be after he's lost his money. Abe Martin saye that a man who is not satisfied with 6 per cent and his money are soon parted. n.c. Pot_ Jt Southern Bid Wash. ) v Cold Storake Br.. Mk STOCKS. P er: Tal Ametal Traction Whashington Gas Norfolk & Wash Patomac Elec. nid Potcmas Fiee, otd Wash. Rwy. & EI Wash. Rwy. & Eler & Telxa it com . nta orfa ‘Steamboat 110 UTILITIES. 148 1033 NATIONAL BANK Nationa! Capital Sderal Am tean Bington.. . TRUST COMPANY. an Sheunty A al Trugt Contment erehants Bant | National Savings & Tnian Trust T . 2% & Trust.. i Waehington Loan & Trusf.. SAVINGS RANK Gonmerce, b Sarin o " Washington Lty Savines & Seventn Street United Statege . | Washington Mechanics'. FIRE INSURANCE. American Corcoran Frramena 1.l cational Union.. . TIT. Columbia Title Real Estate Ti Title & Inv. Co. o, MISCELLANEOU! Federa! Storage nld hants’ Trans hiants Tran Mergenthale: Natl. Mtz & Inv Peoples Nruc Store; Lanston Monotype Security Storage Washington Marke *Ex. dividend. ' om. & Stora Df nfd i 1hor & Stor, pfd Linotype. A%y 1 496 30 i o Cl1ad0 1200 300 50 200 £l Tn the second place. it is not a new organization, having heen in husines over a quarler of a century. It has been tested by financial depres sions of every degree of intensity. Next we notice that the shares hav N enormous equity in the proper The book value of tha stack on e cember 31, 1925, was more than $: A_share. Again, Information about the current operations is obtainable at regular iIntervals in great detail is a very important noint. In vestment is safer in shares of a cor- voratfon which makes public earnings | | statements and production staristi quarterly rather than in ene which gives out a report oniy ence a vear | No investor 'in United States Steel common need ever -he in the dark | ahout the status of his investmen, | When statements are made annnally | anly there i always a possibility of | a change in the affairs of the com.| pany. which ‘will he known on'yv i the insiders. This is not the ease| with U. €. Steel. | Taking up the natnre of the husi. | ness. the product of the Steel Cor- | poration is & necessity in medern ciy- itization. As far ahead as any one can see steel will always be necded Finally, the honds and the preferred stock of the Steel Corporation, securi- ties which have a claim on earnings ! prior 1o that of the common siock, |are high-grade investments. as the | market price eloquently festifies. Observe now that nothing in all the preceding guarantees anyv stabil- {ity in markei price. Quotations for Steel common vary over a very wide | range. - There is nothing static ahout | the steel business, nor is there any guarantee tha. investors In U. S, | Steel common stock will he able to| dispose of their holdings ai any iven ! time at the price they originally paid. | | That dspends upon the general indus trial outlook when the sale is made, but, taking it over a period of years, the equity hehind the stock increases slowly but- steadily, 1 amount of all liabilities. Swrplus available for dividends was $4,105.416. The company's ofl production for the year there has heen a bountiful wheat arrival at English ports, and flour has diminished in value, but the demand vear was 3.919.158 barrels net. BAR .SILVER PRICE. SW YORK, April 19 (). BRar Mexican dollars, 485. i S Hareld F. Ritchie & Co., lnc. 171 Madison Ave., N. Y. Toronte Sydney Wellington Prepated only by ].C. FNO, Limited, London, Ensland remains slack. On the other hand. bacon, butter and eggs are largely con- sumed by British work people. as well as other classes, and in 1925 Britishers paid the farmers of Denmark $22 000,000 for such foodstuffs. «il A “dash” of ENO in a glass of hot or cold water tends to promote that comfortable, invigorating feeling which results from inner cleanlinese. Make thisoneof your rules for health- ful living. Start the day right with THE WORLD FAMED ervescent Salt At All Druggists 75¢ and $1.25 Three days’ personally-conducted motor tour through the Enchanted Empire—a region rich in history and mystery. Only $45 extra, with everything provided—meals, lodging and motor transportation. Under expert Santa Fe-Fred Harvey management. Three days and three hundred miles of sunshine and mountain air, in a land of unique human contrasts and natural grandeur. This unusual tour comprises visits to old Santa Fé, also the inhabited Indian Pueblos of Tesuque, Santa Clara, San Juan, Santo Domingo, and other places in the Upper Rio Grande Valley, as well as the huge ruin of Puye, a cliff pueblo, twenty centuries old. ‘Westbound passengers leave trains at Las Vegas, New Mex., and join them again at Albuquerque, New Mex., three days later. Eastbound is just the reverse. Service begins May 15, 1926. * There will be optional side trips and “land cruises” in charge of specially trained couriers for those who wish to extend their travels off-the-beaten-path. May I send you folder giving details?. R. C. Smith, Gen. Agent G. C. Dillard, Dist. Pass. Ageni. Santa Fa Ry: €01-607 Finance Ridg. Phila a FPhones: Rittenhouse 1