Evening Star Newspaper, May 14, 1926, Page 31

FINANCIAL. W. B. Moses & Sons KEstahlished 1861 e 14, 1926 PULTRYLOWER FINANCIAL THE EVENING STAR, WASHINGTON, D. C., FRIDAY. MAY 1 Received by Private Wire Direct te The Star Office | Furniture Linens IN CENTER MARKET Fowls, Turkeys and Ducks| Degline—Rain Is Great Aid to Farmers. A further the wholesale Price of turkeys was registered taday Live turkevs were quotad at 30 cen while dressed stock hrought Re ceipts of turkeys continue heavy for | thie season of the vear, dealers state, and there i= a fairly good demand for them There was a weakening of the mar ket on fowls also reported. a flat price of 32 cents heing quoted for ihe iiv < stock. Price of ducks dropped to for voung siock. while old stock were quoted at 15 cents. Last night's rain was hailed with de. light on part of growers and deal ers, though 1t did not continue ng to do much good Additional | chowers in the near future will be of much assistanee ta growing erope. Market Prices Today. Rutter— Faney, 1.1h. printe, tub. 45246, store packed. 3. Fi ‘vesh. selected. “9adl ner. 32283 current receipts. 28220 Poultry. alive—Turkexa, 30: Spring broilers, 30a33: Plymouth Rock broil are. 11, to 2 Ibe.. 35: smaller, 10a43: White Leghorns, 0. Winter chickens. 3 lhe. and over. 10ati: fowls, 3:add: roosters. 22 ducks. voung. 30: old keats younsg. £0a%0. old. 432530 —Turkeys. 35 br 55260 . 35A36; Keats, 40a1.00 ald. 50260, Live stock -3 Afum, 10all: thin, and medium, 3% lambe, 18, Meats veal, 20a23 pork loins. 3 hame. 30237 shoulders, 22123 Tedav's market report on fruits and vegetahles (compiled by the Mar- | ket News Service Burean of Agricul tnral Beonomics) says | Apples —Supplies 1light; barrels, no} salec veported: hoxes. demand light: | | Arap in 48247 hen 1y me heavy 15; Ives, choice, as: hogs light, choice. 16a17; lamb. pork. heavy Wastern, 3 thof. Aressed market steady: Washingion. medinme large size. extra fancy Winesaps and Yellaw Newtowns 23.00 { \ Asparagus—Supplies liheral: demand moderate, markat_steady: Maryland. East Shore and Delaware erates, creen. very large 430, mostly 450, medium si: South Carolina. dozen-bunch cra green. medium to large size. 1.50a2.50. | according to quality and condition Cabbage—Supplies liberal: demand moderate, market steady: South Caro. lina, pointed typé, barrel crates mos: 350, few 2.75, some fair condition .1522.%5; 113-bushel hampers, 1.00a according to condition Cantaloupes —Supplies moderate: de. mand limited, market weaker: Cali fornia. Impe \'alley., Salmon Tints standards, ] 00; ponys, 5.50a5. 75, few 6.00: jumbe 458, 7.50a 200 flats, 12 and 14s, 2 Mexico, Salmon Tints, standards, 455, 5.00; | flats, 125 and 158, 2.25. 1ettuce —Supplies moderate: demand | moderate, market fairly steady. Cali 1 fornia. northarn district, erates, Tee. herz type. 4-5 doz.. mostly 5.60; North | Caralina. 5-peck hampers. Big Boston | type. 2002250, few 2.75. ordinary | anality and condition low as 1.50 Onione moderate. ard crates, No. 1. mnstls Potate duli; Texas, etand. | mudae, U. § 1 market Yellow Market Dull. Potatoes—0ld stock; supplies mod- arate, demand slow, market dull; Michizan, 1391b. sacks, Russet Rural 1. § No. 1., £.50a7.00. New stock Supplies moderate; demand moderate, | market firm: Florida. double-head | | harrels Spaulding Rote. U. S. No. 1, 10.50a10. Strawbherries demand .good. market Carolina. 32.qt. crates hest mostly 8.00: ordinar; ity and condition, 6.00a Virginia, | Norfolk sectlon, 32.qt. and 60-qt. | erates, varfous varieties, fair quality | and condition 230 per qt | Tomatoes—Supplies moderate: d mand moderate, market steady: Florida, s, ripes and turning, wrap ped. faney count. 7.50a8.00: fair qual jtv and conditlon. £.30a7.00: choice count, £.3027.00. few higher; poorer, Inw as 3.30; 2168, 3.50a4.00 | Peas -Supplies moderate; damand moderate, market steady: North Caro. ! Mna. h-peck hampers, large pod vare. | ties, hest. mostly 2.00: poorer, 2.00a 2.50: emall pod varieties, wide range | in prices, 1.5022.50, { L Reets Supplles very light: nn sales reported String heans Suppliss light: de. mand moderate. market ahout steady Florid “i-hushel hampers. green wide range quality and condi A8.50: mostly around 5.00: Georgia and South Carolina, bushel hampers, green, £.5027.00. Cucnmbers - Supplies light: de- mand light. market slightly stronger Florida, 7x-bushel hampers and square bushel crates, fancy, 3.50: choice, 250 SOUTHERN DAIRIES. Income Totaled $678.121 1925, Account Shows. Supplies moderate; | steady: North Missionarys, to fair qual I B Ik | € | Georzetown Gas 1st Potomas Potomac Potomae Elec | Pt | Wash.. The consalidated income aceonnt of | wash Alex Wash Washington just submitteq | Washin Net in the Aarfae for the vear 1925 to the New York Stock Fxchange, fol Inwe Not sales Fxoenzes atr nthern Dairies Co. and subsidi Balance % S Othar income ] Total income Dapreciation and interest aderal taxes. astimatod Other dedu-iions 21 income LR Profit dus Palm Reach reamery pHor 10 ! conaniiAatinn i $635 0 ories, Assets : accounts re. | ¢ reivable $8R.3T1: inve laneons notes Bble and claims. Cas $3 19.391; miscel. | and accounts ete.. $73.075; fnvest. | $i.195.943; real estate pment afrer sinking fund. $ ents, formulas, ete., Bi: deferred item, $287,180; total. $12.247.400, | Liabilities Notes pavable, $348.000: | 3 accounte pavable. $177.128: acerued | expenses. $:3.883: equipment notes, BR4T.775: real estate mortgages, $641 RI3: warrants ontstanding. $906: v serve for taxes, stc.. $%6,780: honds ;”1 5.00. acquisition of ®370,000; affiliated accounts payabl B116.650: minority interest in subsidi- | nrips. $1.5 3: capital stock. repre- | #ented by 110,000 shares of no par |y tlase A, $1.957.200 and 200,000 no par of class B. $2.610.000; surplus. total, $1 400, 000; American L0Ss IS REPORTED. Sorcoran NEW YORK. May 14 (#). nlds Spring reports net loss of $17,658 'or the first quarter of 1926 after de- preciation, interest and taxes, in con. firet quarter of 1825, — Your Banker Rnows. When in doubt about a coneult vour banke: 1t is equally as murh his interest as yours to protect | vour savings. You trust him with |1 #your deposits—why not trust him with your investment urobldms? \ 4 | the manr i= an afMcial list of honds | thousande Sales in ' Washington Stock Exchange | Rl A mer Anacostia & Pot Ana & Dot | Wash. Rwy. & E C. Pt Dot gmmt Stock L Bk Wash | Wash. Rw receivable. | wath. Rwy. receiv. |\ depreciation, | Pistrict, PAL. | Federal-American $34.190; good will, | Liberty American Security & Trust. . | Merchants’ Vationa! savings property, | Union Trist | Washington Washington Rey- | National ralum'gu:m'!‘nl- trast to net profit of $6.826 for the | e & Ine. n. C. Paper ptd.. ederal Storage Bid. security | Merehants Mérgenthaler Natl Mt Waghington BY WILLIAM F. HEFFERNAM NEW YORK. Mav 14.—The speeu- lative market having failed to re spend fo the declaration of an extr dividend of 24 a share on the junior Siock of General Motors, there ap- | peared to be nathing today in tne shape of impending good news upon | Which operations for the rise could be hascd. _The trading element on the Curh Fxchange merelv sat hack and let| et take its natural course. The public also displayed an utter lack 5t interest in the proceedinga and the volume of trading was At A mnimum, with the market at a| standstill -at intervals. The price | movement waz extremely narrow. | The bulk of transactions accurred | in oil shares, but even in this quar- | ter little change took place either one way or the other. Galena Signal common continued under pressure. | hut selling of the new preferred and | T per cent honds appeared to have | NEW YORK. Mav 14.—Following | nd stocke ded York Curh Market in on today. the New . in BONDS High B 100 nRYy Close. a6 Low, AR 997 DR 1, Ry &l in | o k| 0 2y, 23 1003, City Duke Pt P ingon 3ch Refris As PEPEEEE IS8 T&R 3 N PO Rubher’ 3 1 A A Lonz 1a Lt 19 Loews Tne’ 1 Manitoh P 51,4 A Sl 12 Pan Am Per 6s 18 Penn’ Ohio e 323300 335533 1 Phil Elae 3P E P 51,y 1 Phila Ramd Tr So Cahf E4 SelE 533 32322338333337 Séé"“_ 3IIIJ2TBIR333V388T Fr 300 2 22309335555503 LS 203 753323 Ih S A DDBIRT 2 MBI IBDT for Stz Motor 3Sun 01 Alas ... 7 Swift & Co Ax 18 Texar ¥t S Al a'A Transcont 01l %s.. Un 00 Prod §a. . 3 'S Rub Rlgs 37 29350300 D= ET e S 1 1 1 i 1 ih B13e AR 1 Rub 615+ 30 10! FOREIGN BONDS fige 33333500 333333wy! usands 1 Baden Buan A Buanos Airas 1 Rer) ¢ B Ber) Gorm Con 7 Great [ Ham xind M Leony Thetr Kk Denmk Netherland 6 3 Prov Santa Fe 3 Rhine M Danu thha B FEPRE 2223 3 Thyssen 1 & 1 Westph P 1. 6133 2 Un S0 Wk Bur 78 STANDARD OIL ISSUES, 5 FFE PR T ingle 3400 Anglo Am Ol . . 1100 Ang Am O n vto Capital Traction he Wachington Gas s Wachington Rw —$1.000 a1 103 & Fiec. $4—$2.000 at 1 BNy Colmihia Titla aton e- Merchants Trans. & Stor AFTER CALL Linotspe- Mo Power pld 0,3 ®- 10 a0 831 | oA =10 at 99, | at 107. Mergenthal 4 Int, otfs —: Potomac 1 103% CLoVAl Traction Co.—10 at 104, 5 at 104 Wakhington Rey. & Elec. 48— %1000 ai Maney—Call loans. 5 and 6 per cent. BONDS. . Bid and Asked Prices. PUBLIC UTILITY H id 2R, 1005 j02% Telza. 4a. R. R Tat lac. Elee. Pow Alex Gl Ralto. ton ash MISCELLANEOUS. r Co. Mfx. 6 Bigs. . .. ‘old’ Storags STOCKS. PURLIC UTILITY. & Telga.. e authern Bld Mkt & Elec NATIONAL BA tional Cavital - pumbia . smmercial ® Mechanicw Ok ot WAnhiNELoR D TRUST COMPANY. “1‘)‘\{:!. e & Trisi Toan & Troat.". ntinent SAVINGS BANK o & Savings... Savines & Com. Stroet . ..ooo - ommer: N Sventh Stn L Shston Mechaniés'. FIRE INSURAM en's 5 rem i TITLE INSURANCE. St tle 1178 Co. of Md. com.. 53 MISCELLANEOUS. Trans. & ants’ Trans. & Stor. of. Tinotype & Tnv. pld. Briag Storee D14 fonotyne ... ... | & Peoples omrte torage on Market tEx eurits *Ex dividend. {tions sa heen completed. at least for the pres- 1 ent. The company has been able 10| maintain payment of the full & per | cant dividend on the new preferred since the fssue was put out in 1918, but discontinued distribution on the | common after June 30 last year. when $3 a share was pald. Earnings have not eome up to expeetations 50 far this vear. Gibson Oil rontinued active around the 6 level and a fractional ad- vanee was recorded in Imperial oil of Canada. One of the features among low-priced issues was the sudden renewal of oparations for the rise in Golden Center Mines, although there was nothing in the outside news to account for its activity, The recovery in Singer Manufac- turing. following the recent weak- ness. kept on. but improvement was not as pronounced as vesterday. It was A market in which little or no teature developed. with the stock ticker at a standstill for a gbod part of the session. > 200 - Sig OiL.. i’ old whle Ol & R 1 mp Qof Can 1 Inter Pet C Lid.. Transit. | 30NV Tranait A00 Prairie O&G new 200 Sou W Penn P L 47005 O Ind 2008 0 Xeb nw wi 17800€ 0 N Y 20 0 Ohio pf 2 AGA Tacuum Ol 98 % NDENT OIL STOCKS Marscara € & Maracat Nat Gar ] 1 Reacon o0 13 Cardinal BESS T 20 Do n s s E Do ¥ > SERATIITBEL2RT 258 D=2 E D RI2IBRLIERN2RTE ir oot 3ales 18 Am 1 Ark o i 9! Columbia Synd. . recle 3ynd O col thaon On Cor uif Ol of Pa eonard 01 on 01l ; vingaton Pet ex Pantico (ount Prod Mount Gulf v Mex Land eer 0] Corp ed Bank Ol Reiter-Foster 011 Roval Con O&R Sl Gonk 1 Salt S o 2z Dm0 e 43S » PP RRLCCTOD: 230535 Ra 200, 3. 25T ey s FErEEY 284 Venesuelan Per 1 Warmar Quinlan “ 10T o ., o INDISTRIALS fhere PR vie 104 um Co naw " A3, Tum Co naw id 898 % Ipha Port Cem. 130 m Cranamid R 3874 m Pow & L pfd A2 m Rason Prod = M 253383 % 35 RaZ 2 A A 1A R A Al Am Ribernow 4 Am superpaw R A Super pr pf :m Thread € pf : i 4 3 i 3 o ndian Cor war 4 Amo_Gas & E o Prunt Ahenck & Wile Rlackst V G & F Bloomingdale Bro rac Firenronfing | orp A Brill Coro R #n Oty ST el uf Nia & Bast an B Gin Ale n ar Lient ent Bin Cor Chic Nip A 1Gni’Nin B T 1 Collina'& Aikman 2 Com P C new. { tha American Dapartment 0 RISE IN PRIGE Cuban Export Curb Pointed to as Factor to Advance the Value. BY J. C. ROYLI Srm; Dispateh to The Star. NEW YORK, May 14.—The speed | with which the handsome soda jerker has to work this Summer will have | much to do with the sum the Amer-, fean housewife will pay for sugar. Summer is the heaviest sugar.con- suming season. The amount nsed has Already been curtatled by the late Spring and cold weather in many sec- tions of the country. It is fairly safe to say, however, that the price will he higher than prevalled last year. 1 The cause for this, according to domestie producers. will he largely | artificial. Cuba has definitely pass- | ed legislation for restriction of ex- port€ by 10 per cent. This action is along the same lines employed for the raising of the price of ruhber. coffee And other raw products which hrought such severe opposition from of Com merce. Instead of having around 5.500.000 | tons of raw sugar to sell thiz year, Cuba will have ahout 4.950.000 tons. The production of the Philippines. | Hawali. Porto Ttico, Louisiana and the sugar beet fields of the West. which is counted on to act As A restraining in- fluence against effort of Cuban pro- ducars to advance prices, probably will he from 7 to 10 per cent less than last vear, Beet Crop Smaller. The domestic beet erop for 1425 and | 1926. which marketed as sugar in the first part of this vear. ran 7 per cent under the preceding vear. The out turn of the Philippines, Porto Rico and Hawall s estimated at 20 per cont less than last vear. Counting in the Cuban erop resiricted, the agare gate outside the ful) duty sugars will probably he 10 per cent less than in the preceding season. Sugar consumption is more veadily reaponsive than nearly any other toodatnff 1o price fluctuations. The normal gain in world consumption 8 AhouUt 4 per cent above lasi vear. when prices were low. the gain shot up ta 13 per eant. The presant ea =0on {s expected to show a gain of ahout 3 per cent United States consumption in 1928 was equivalent to 5.924.000 tone of raw sugar. A 5 per cent increase would bring this to 8220000 tens Production of domestic and duty-free heet and cane sugars is expected to hé about 2,495,000 tons, while the| 1025 carry-over was 475.000 tons. Taking this total from estimated re. quirements leaves 2.250.000 tons to in from Cuba. The Cuban export ahout 4. 570,000 tons, leaving tons available for export to countriés ot h than the United States aftér Cuba own requirements are satisfied. 100 Com P C war 2 Cons G Bal new o Conaol_Laund 2 Contl Bak 10 Contl Bak 1 Cont] Bak nfd. 10 Contl Tab Inc sas 5De For R € vte 1 Den Tram nw pf I Dosh Dre ¢ ¢ 2 Bk R Am A Durant 33,3253231355888:85 5 o aaai | | | lec 2322233,5252 4 2 n cor 1ac Tnvest Tne ng Pub Servire ink Pub Serv nf uh & EP uh Weite A Firestone T 7a 2 Foundation Fa A —oas33D0uads 25522338 7 Gillstte S R 2 Glen Alden Coal. 10 Goodvear T & AGrimes R & C 4 El & Tt vic Rason Cor A Int Coner Tnd 1% Johns-Manville 2016 Pow new 1Leh Val C cfs 1y Lin Omens Sh Gi 15 ¥id Weat Ttil 100 Mid W Tul ol 1§ Mid W T pr lien 1 Midvaie - 34 Mil Run nw pf iy Mise Riv Pow Bt 5 Mon Hud Pow 11, Nat Pow & I ntd 1 Nat Puh Sar'A. . 1 Nentune Mater 4 % XY Tal Co otd. % North 6 Pow . 18 Nor § PCA i3 Nor Sta P ¢ ptd. 18 Northe Pow n 1 Pac St1 Boiler T Pender D Groe B. iPenn P &L ptd 3 Penn Ofl Sen.... 1 Phila_Elec. 2 Pow Secur Corp. 1 Ren Mot Trk vte. 2 Reo Mot 00" Rickenbackar ‘Mo 2 Rosal Bak P of 1 Sav Sugar pi 5 St $1e °17 F 325255.53-3 sl I 2 Siem32-CieneR3mn S Ra w2 T v Ty ooy P53 B R RS DR S D R SRR SE S 3 i85S~ 2, PEirtirhe t e & Sie—30ulemp1IDD-n o0, 2w 9= 013B 3= DR me! 2 e e 5 RFSEEEE & » Sio-—3: i 5353225350 533558% SRR o =3 M20323 = e 323 - ERE SR ¥ Lol Son' P &L, prd. . 700 Sou P ‘& 1. wa '3 Sou Gal B # Sou Cal B wil Sou Citien THI. St Rec Pap. .. Stand” Puh €A Stand Tank € € Stuty Matar A Swift Infl 1y Swift & Co Tampa Fl nw —aaias 3o w5 _,__ ST —amion Thomp Rad ll-;'"y:k.?‘ Axle ob " Pr " Expori 10 Tran Lix Do o 1 Trambil Sta) s Tubize A S R vin e =9I 33352089 RN3 S un—-a e noon A3 » 355 = s miuzmDenim P 1070 Lt & P nw A TU0P & 1, vin. Tniver Pl € TS Dairy FEESRE R RSSO AR RR ISR RIS SRR A AR DA ISR AN D DS IA AL DR BRI R I DS DI D B FEEEEE = Taxi € N MINING STOOKS. 1 Chief Cons Min. 3 50 G 'xl‘; s in 190 Eureka, o] 20 Forty Nine 24 Golden Cen dfield Cons ) Hawthorne M Heela Mine . Jerome V' Deval. . I b o F wmont - Mining pissing randa : 3 Premier Gold M 80 Spearhaad Gold 98 Teck Hughes. . A Ton - x> > 5 R IIP AR e F B BN R 3342 o AEF o Dtah Apex. 4 Wenden Coy 2 P g o BANK LOANS EXPAND. NEW YORK. May 14 (#).—Moody's Weekly Review of finanefal condi- bank loans in New York and in the country as a whole have heen expanding faster than deposh-l in spite of the exiating plethora of hoth money and capital. Analysis in- dicates that thiz expansion may be due to the decline in the profits of some industries, to a rather general extragavance, and to the still unpaid loans against the late real estate booms and otber speculations. CALL MONEY STEADY. NEW YORK, May 14 money steady: high. 4: Jow. 3%: ruling closing bid, 4: offered at 414: call loans against accept- time loans steady: mixed last loan ances, 314 prime mercantile papar, & Want Ban Removed. Last vear Cuba exported ons 1o such countries, This wonld indicate that with the cut of 10 per ent made in Cuban output the huge Cuban crop hae caased to he a factor in the depressing of prices. \With a reduced production. domestic suga | producera say they face a serinus sit atfon, The cane has hesn grown ih uha. Much of it has been ground The raw sugar represeniad hy the lagislative reatriction of shipmen still is hanging over the mar American cane and hest men would be just as easy for « remove the han asyto put it on Cuban producers now are asitating at Washington for a revision of the reciprocity traaty 1 give more favorable terms (6 the island re public. Hawailan and Louisiana cane growers and beet producer that should such terms ba made absolute control of the sugar price situation might pass into the hands of the Cuban producers. Domestic producers therefors are 1aking every possible means of pre. venting Cuban sugar from dominating Midwestern and Eastern markets. The Hawaiian Sugar Co. started & shipment of 2,000 tons of refined augar today from San Franciteo by way of the Panama Canal to New Orleans for Missiasippi barge line tranaportation 16 Chicago. The freight rate by this route ix declared to he 10 centa A hundred pounds less than from the Atlantic seahoard 6 Chicage hy rall. The Cuban sugar men have coiintered hy shipping three shiploada of refined from Philadelphla | ts Chicago through the St. Lawrence River, the Welland Canal and the Graat Lakes. — e WESTERN MARYLAND SETS COAL RECORD! Fuel Goes From Mines to Ship, 350 Miles Away, and Is Loaded in 43 Hours. 1,413,000 sy Special Dispatch 1o Tha Star. RALTIMORE. May 14.—Officials of the Western Maryland Railway have just announced anather record move. ment of coal for export in the dis- patch of a cargo from the port of Baltimore 43 hours after the last ear had been loaded at the mines near Fairmont, W. Va. Loading of the emergency order for 7.300 tons of gas coal. 146 cars. was completed at 4 p.m. Monday, accord- ing_to the report. The trains were moved over the 350 miles to Baltimore, and at 11:15 a.m. Wednesday the cargo had been transferred to the Italian steamer Al- herta and the vessel had cleared port for a Mediterranean destination. The coal was transferred from rail to ship at the Port Covington coal plers. Tast week the Western Maryland announced a record movement up to that time in the transportation of 5.000 fons from Fairmont to a vessel at Port Covington in 100 hours. The time mentioned in that fnstance in- cluded time of mining the coal. 1t was explained in the case of the former record that no effort out of the ordinary had heen made to ex. pedite the shipment and that the raliroad did not realize a record had heen established until notified by a coal broker in New YVork. Tn the latest instance. however, the shipment was expedited, being an emergency order. NEW YORK PRODUCE. Special Dispatch ta Tha Star. ‘ NEW YORK, May I4.—California cherries were in moderate receipt to- day. Tardians in eight-pound boxes sold at 155 to 3.65. Roval Annes brought from 1.45 to 2.75. Receipts of barreled apples were moderate. Western New York grade A, 2%-inch best Baldwin peddled out at 4.50 16 5.00 per barrel. The limited supply of Florida celery sold well. Goldep self-blanching packed in crates of 2% and 3 dozen stalks wholesale at 4.50 1o 5.50. Strawher trading was a trifle more active. North Carolina, Klon- - | eollateral, 60-90 days, 4: 4-6 months, 4; | dykes and Missionaries jobbed nut at 15 to 28 per quart. | would develop in the Seuth REAL ESTATE LOANS ANY AMOUN “ 51/2% APARTMENT HOU! LOANS AT LOW RATES RUSINESS PROPE FRED T. NESBIT RESID) Investment Blde. Main 0397 35,000--5429] at Age 30. Send Dafte of Birth for Full Information. LeROY GOFF Ipprance- 810 Wondward Ridg Main 140 FROM 3703 POINTS Early Decline Offset by Un- easiness Over Weather and Cable News. Life Insnrance Conts Br the Associated Press NEW YORK. May tures opened steady tober, 17.37: December. ary. 17.35; March, 17.4. The cotton | market was steady today at a_decline of 5 to 7 pointa under small offerings, promoted by relatively easy Liver Pool cables, and reporis of favorable overnight weather in the South i Thera was some Southern selling here attributed to hedging. as well as further liquidation of old long . ac counts. but after easing off to 18.30 for July and 17.42 for December prices rallied on covering. | More favorahle labor England had a while traders that unsettled 14.~Cotton fu , July. 18.33; O | 17.43; Janu Stocks Bonds 0dd Lots Carried on Margin Buck & Company —RROKERS— Fatablished 1916 312 Evans Building 1420 N. Y. Ave. NW. Tel. Franklin 7300 Private Wirea ta New York advices from sustaining influence, ceemed apprehensive weather conditions Sunday ulv rallled to 1839 and Decembar to 17.55 hefore the and of the first hour, net advances of about 3 1o i points on active positions. New Orleans Quotations. NEW ORLEANS Mav 14 Cotton futures opened steady 18.00; July, 17.71: October. 17.02 cember. 17.07: January (1927) . e o ey 20 1% First Trust Money first trades showing losees of 1 to 2 ON HAND p;dmn on o:d crop monthe and gains | of 1 to 3 points an the new crop posi o o tione. The market showeA hesitation Av;lllnble for Both for a tima after the onening and lost Building Loans and 1 t6 2 points from the initial figures. | o but 1ater rallied an the rold weather | Completed Properties Reasonable Interest 10 17.79, Octoher ta 17.13 and Decem and Commission ber to 17.15. or 5 1o 10 points ahove | vasterdny’s ciose. The Cencns rureat | JAMES F. SHEA in the helt and on private reports nf rain_ In the West. July traded up makes domestic consumption of lint cottan during April 575,709 hales, 643 Louisiana Ave. NW. Direet ) Ma: Da | 17.08 POTATO MARKET DULL. CHICAGD. May 14 (). —Potataes Racaipte. &% care: total ['nited States shipments, A38. Canada. | on track, 218 trading slow. markdi Aull; Wiseonsin sacked ronnd whites. 2.5043.83: few. 3.23: Minnasata sarked round whites, 3753500 few 200 1dahn sacked ruseste, 3733300 in ferior, 3.50: sacked rurals. 3.80: ne stock Texac slightlv weaker. Florida firm: Texas sarked Blies triump} 7.00a7.25; mostly 7.25: Florida ha Spalding rose. No. 1, 10.50a10.75 2. 8.25m8.50. We Will Loan at 5} % Economic Conditions Tyler & Rutherford Loan Correspondent of the Mutual Benefit Life Newark, N. 1018 Vermont Ave. o, Ins. Co. . = BONDS ARE CALLED. NEW YORK. May 14 (P, -The American Gas Co. has called for re demption on July 15 its 10.vear 7 per cent convertible honds due January 15, 1928, at 102 and accrued interest M. 475 OTICE 1 REREBY GIVEN THAT A meating of (he atockhnldars of Edmonston & Company. Incorporated. for (he purpose at considering and Pane of ‘the capital stock q carporation Wil he held at the office nf the compans A12 13th atrect northwest Washinzton, s triet of Columhia. on Saturday. the “8th dav of Mav. AD 107 a1 11 e clock am HARRY G KIMRALL ANDREW WE BUY First and Second Trust Real Estate Notes Secured on Improved Real Estate in the Dis- trict of Columbia. FEDERAL SECURITY & MORTGAGE COMPANY 1412 K Street Main 1509 WE FINANCE < of ineome. prodicin Large Loans a Spec: ll!yv Currant int. rate and commission Higbie & Richardson, Inc. R16 13 Prompt Loans Action wwithin 24 hours on requests for loans on Construction - ork, Busi- Propertics, Apartment Buildings and Residences. Lowest cwrrent rateg! g NESS Consult Us if You Contemplate Refinancing OSSEPHE| PS Founded 1907 1417 K Street Main 9300 Temptation i The possibility of huge 612% profita attracts —but the wiser choice it known secur- Convenient, ity and an equitable return, K T A hoth assured in First Mort- gage Notes sponsored by the Foundod 1887 1433 K Street—Main 1016 The New York Life Insurance Co. Offers to Make First Mortgage Loans On Tmproved Real Estate in the District of Columbia and Nearby Suburbs in Montgomery County, Maryland. FOR 3, 5 OR 10 YEAR PERIODS 5% ON APPROVED SECURITY Apply RANDALL H. HAGNER & GCOMPANY, MORTGAGE LOAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Apartments Office Buildings Houses Business Properties Carpets Upholstery F St. at Eleventh BUSINESS FURNITURE AND EQUIPMENT Either in Steel or Wood A phone call will bring a representative at your convenience Main 3770 JOHN JOY EDSON, President WALTER PRATT, Jr., Secretary Organized 1839 16th YEAR COMPLETED Assete ..$5,031,814.86 Surplus PO Subscriptions for the 90th Issue of Stock Being Received SYSTEMATIC SAVING is the mozt effective means of ac- cumulating money. Results have established this fact. Join the Equitahle and save systematically and you will accomplish in a financial way more than ever. sin today. 915 F Street A Third of a (entury's Experienca Rental Property Management s a highly developed service of this organiza- tion. \We know property conditions and tenant de- mands. During a third of a century’s experience we have perfected the policies and practices which prove most pro- ductive for vour profit. See us today. B. F. SAUL CO. Main 2100 925 15th St. N.W. Dependable Income First Mortgage Notes are an ideal Investment Medium for people whose capital is a limited one. and when every dollar must produce an assured amount. And, unlike many mediums of investment. thev're never affected by fluctnating markets and industrial disorders. They Guarantee an Annual Income of 62 % Twentu Years of Serviee Without Loss to a Single Customer MORTGAGE INVESTMENT DEPARTMENT HANNON & LUCH 713 14th Street Over Capital & Surplus, $3.000,000.00 | Banking Service That Meets the Requirements of 46.000 —depositors can be de- pended upon to give you satisfaction, whether you are a checking or savings patron. ¥ Pay Day affords an excel- lent opportunity for you to “join hands™ with this big, old bank. Extra hours for your accommodation, Sat- urday, May 15th, and Mon- day, May 17th. Same Rate of Interest Paid on Large and Small Accounts Deposits of Every Size Welcome Open Until 1:30 Saturday 5:30 P.M. Monday DIRECTORS: Woodbury Blair Walter Bruce Howe James A. Buchanan Refinald 8. Wm. A. H. Church Huidekoper Walter C. Clephans Vietor Kauffmann H. Rozier Dulany. Jr. Charles Minshall Wm. E. Edmondston Edmund D. Rheem Franklin H. Ellis Frank Stetson Frederick A. Fenning Frank W. Stone H. Prescott Gatlex William H. Walker William D. Hoover Henry K. Willard OFFICERS: William D. Hoover. President Woodburs Blair. 1at V. Pres. Erank W. Stone: 2d V. Pres £rank Statson. Trust Offcer ghas_ e Tambern. “Treasurer "Parcival Wilson. Secrgtary R Ullmer, Asst. Treas. aird, Asei. Tr v 1. T, Officer A at. Treas rank John Asst, Alexander I, Jobn B Bajel Zac ‘Auditor Audley A. P. Nafiofial Savings & Trust Co. 59th I Oldest Savings Depository in Washington Year Cor. 15th and New York Ave.