Evening Star Newspaper, June 25, 1926, Page 31

THE EVENING STAR, WASHINGTON, D. C JUNE 25, 1926. DAIRY PRODUCTS. NEW YORK CURB MARKET BALTIMORE, June 25 (Special).— Received by Private Wire Direct to The Star Office FINANCIAL. FISH ARE PLENTIFUL | market appeared to be undergoing w {test today with the element work- {ing for higher prices. gaining little Abundance of Supplies of e R DT FOOdStUflS on Hand 'Or {70 new incentives in the outside situ- Week End Trade. FRIDAY, REAL ESTATE l.O]ANS ANY AMOUNT sttt 511 % RESIDENCE LOANS AT LOW RATES FRED T. NESBIT 1010 Vermont Avenue N.W. Main 9392 The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real Estate in the Dis- trict of Columbia and Nearby Suburbs in Montgomery County, Maryland FOR 3, 5 OR 10 YEAR PERIODS = DYo%p ON APPROVED SECURITY Apply RANDALL.H. HAGNER & COMPANY MORTGAGE LoAN GORRESPONDENT 1321 Connecticut Avenue lephone Main 9700 Poultry—Live Springers, pound, 30a45; Leghorns, 26a35; old hens, 30a33; Leg- horns, 26a28; old roosters, 20; ducks, 28a32; old, 18a23; guinea fowl, each, 75a85; old; 40a50; pigeons, pair. 30a40. Eggs—Receipts, 763 cases; native and nearby firsts, dozen, offered 2914a30. MButter—Good to fancy creamery, pound, 39a42; prints, 42ad4: ladles, 33a34; ‘store packed, 31; dairy prints, 3lad2i ‘process butter, 35adf; rolls, Kay Copper were somewhat more active, but at unchanged prices. South American Gold anl Platinum around the 5 level was within a small fraction of the bast of the vear. April production of the last- |named company approximated 2,000 ounces of platinum valued at $200. 000, according to advices received from the property today. Among specialties which came in for more attention at fractionally better prices were Trans-Lux, well wbove 8; Goodyear Tire at 38, Serv-El Corporation certificates of deposit around 24, Herman Nelson above 23 and Silica Gel at an advance of a half point. The special operation kept on in | United Biscuit class B, the stock re- | sponding to a report that the com- pany was planning the acquisition of | an important interest in the indus- try {ation upon which to base further at- tempts to bring about higher prices {in the main body of stocks. But at the same time there was | @ noticeable reluctance on' the part | of the element favoring a reaction | ! 1o take advantage of absence of buy- ing power. The result was that tading fell off in the volume with the price movement without definite Your Banker Rnows. When in doubt about a security consult_your banker. It is equally as | much his interest as yours to protect your savings. You trust him with your deposits—why not trust him with vour investment problems? Apartments Office Bulldings rine products were in demand at M pal Fish Market this morning for the Frid 1 trade. While several varieties of fish were scarce and high. other ties. especially | tendency. oston mackerel, were plentiful and| Mining shares, which have been rea Receipts mackerel have | comparatively neglected for some heen heavy this weel. and. according | time past, came in for more atten- 1o dealers. prices veached a low tion. but without material change in abs and vari Utal Apex continued to feel ) 3 en- | the effect of the cutting of the quar prices | terly distributions to stockholders UHard | With offerings making _themselves crabs were scarce and high ! felt under the § level. Wenden and ' Buyers of meats. pouitry. butter.| == eggs. fruits ables for today's | NEW YORK, June 25.—Following and tomor vade were out! is an official list of bonds and stoc Iy this mornir The cool weather | traded in on the New York Cu sring early morn hours was fa-| Market today: vorable to merchants, and buyvers INDUSTRIALS, ger purchases s was an abun e of food I.fll ‘G:. South.. . stuffs of all kinds on hand. and retail PN ers had a wide rauge frum which to make selections. es of most com the same Are you satisfied with your present connec- tion? Does it offer a real future for you? Are you rewarded for your sales ability? Money to Loan d by firet deea of trust on res! sstate ailing interest and commissis 1. Weller'3?, "ot vary Secuy Here Is Your Opportunity Ours is one of the oldest bond houses in the busi- ness, noted for its high-grade securities as well as its policy of protecting the interests of its clients and employes. We are enlarging our sales force and those who are eligible will have a real future. We offer a grad- uated plan of compensation based on a liberal draw- in account. If you are convinced of your ability of meeting our requirements, this is an opportunity warranting immediate investigation. andard of New York new and New Mexico and Arizona Land gave the best account of themselves in the oil group. able dealers to o they considered reasonal Ready Money to ., Loan in Any Amount on 1st—2nd—3rd Trusts We provide suitable and satis- factory solutions for your finan- clal problems. Immediate decl- sions and settlements. You will find our charges tne lowest. Realty Loan Co. 1417 F St. N.W. -M. 9411 Open Evenings 6 Bell T Can ox A 10 1 Beth St 58 35 10: 6 Bost & Maine Uk, TEE TN Sales in eds e JOHN JOY EDSON, President WALTER Organized 1879 61 02 46th 31,811.86 Surplus 0542 Reirig 0, 108 % K%y 1007 3388 11 Dukc Pri Pw 4 3 Ejtingon Scii I 1Fed 1 Assets Subscriptions for the 91st Issue of Stock Being Received SYSTEMATIC $AVING s £ 5550302200 05E 0! FOSD = B DEGED 33! b Pow & L pfd i Ravon Prod #Am Superpow B 1 Am Superp pr pf K Ass0 Gas & Elec. 1 Auburn Auto Co. 1 Bancitaly Market Prices Today. Faney e 2 Tpound prints, 46a P es a ulf Oil Corp DRI TR ) et el BN AMass G Plymouth > pounds, 4 i 18a50; | old | choice, 111:] hogs. heavy | choice. 15 10a11 ium Meats—Reef, 17 20 ssed pork Western. 3 20a oins. *; hams. 36; shoul 24a25. fresh hams, 33a34: fresh shoulders, 25 L Fruit and Vegetable Review. Today’s market report on fruits and vegetables, compiled by the Market News Service Bureau of Agricultural Supplies moderate; de- te, markei steady; Cali- . Imperial Valley, Salmon Tints, ] 00: Jumbos, 0045.50: flats, 12s and 158, most- v 200, Lettuce—Supplies moderate: demand light. market slightly weaker: Wash- dozen crates, big Boston type. mo: 1.00; few higher. Onions-—Supplies light: Demand light, market firm; Texas. standard crates. vellow Bermudas, U. S. No. 1, best, mostiy 2.00; ordinary condition, 1.50; California. standard crates, vellow Rermudas, U. 8. No. 1, 2 Peaches—Supplies moderate. mand moderate. market steady xia. 6s. Early Red Rird, Ppack, 3.50a3. 5 poor color. asking ported: bushel b small 1o medium [ de. ] Geor-} . 2.50; 6s. . To sales re- Early Rose, 23.00. : Supplies light. et firm; North cioth-top stave s, Cobblers, U, S No. 1. mostly few higher; few poorly graded, .. Tomato Market Steady. Tomatoes—Supplies liberal; demand moderate, market fairly steady; Mis- nissippi, 4s. ripes and turning, wrap- ped. mo 1.00, few higher: South arolina, 6, ripes and tur - ped. faif qualite. fancy coms: oA 2 choice count, 1.50a1.75 gt atermelons s eniand light, mar! - ste Florida, Tom Watsons, 26-Ib. avéfa‘flv 75a50; 28-30 1b. average, 90; 32.1b, aver- age, 1.00a1.10. String beans—supplies liberal; de- mand moderate, market weaker; North Carolina and Virginia, Norfolk sec- tion, 5-peck hampers, green, 1.00a1.50; homegrown, barrels, 8.00a3.50. Cucumbers—Supplies limited: de- mand light, market steady: North Carolina, bushel hampers, fancy, 2.00: Virginia. Norfolk section. hotbed 3ok, “sbushel hampers, faney, 3.30a 00: choice moderate; e by demand market slightly weaker: home. grown. barrels flat and poinied type mostly 2.00. Tennessee. pony crates, pointed type, mostly Asparagus—Supplies light: demand | light. market fairly steady; Delaware, crates, very large size. mostly 4.50: medium size, 2.00a2.50: few 3.00; small to very small size, 1.50a2.00 Corn—Supplies liberal; demand mod- erate, market steady; Texas, bushel baskets. mostly 2.50; few higher; North Carolina. crates, ordinary qual- ity and condition, 2.00; South Carolina, crates, poor quality low as 1.00. Blackberries—Supplies light; de- mand moderate, market steady; North Carolina, 32-quart crates, best, mostly 4.00 BUTTER IS LOWER. CHICAGO, June 25 (#).—Butter- Lower; receipts, 19,561 tubs; creamery extras, 38%;. standards, 39%; extra, firsts, 371,a38; firsts, 35%a36%; sec- onds, 33a341;. - . DIVIDENDS. Sales Stock of | in he Period. Rate . Q = Stock recor ell Tel of Pa. June 26 © June 26 June 26 Refrac or Cent R R o Milling pf co cllccceece as NY Docks pf Raumive 3 of. ading (o Do st nf 94 pt Sieel Co of Canads, Do, of Trancue & Wil Aug Sept July July July July June 21 ©0 cc ccoo? oly part of. Q GERMAN BONDS AND STOCKS. (Quoted in dollars per willion marke) id. Asked. Ger Gt (w In) s 1914-18. Da00D Hamburg 3345 1019, . 0. 13090 ' 199.99 (Quoted in dollars per thousand marke ) r Gen Elec 4138 prew.. 25.00 - 94.00 er Gen Elec 4348 1910. . 0 rlin 48 pre-war. . am| 3l%s, 48, pre-w amburg Amer Line 414s. o Ger Lioyd 4%s... .. 0 Ger Lloyd. .. . ssian Consols 3lgs 58 1921 . weont resdner Bank..... utsche Bank . armstasdtier Bank ercur Bank Vienna. . evden Chemical... ... ust A E G (Gen Eiec) ! rliner Handels TREASURY CERTIFICATES. (Quotations furnished by H 182 PSS i R Dz 4 Durant Mot 13 FI Bond & JAEIB& S 2%a 23> & e s R R DB TR T S D S BT BT e D - Er Co Can 41 For A w30 ous i CEERE SRR PIPE & SivE 5 Tk tkdat] Ry Int TH B o S Fred Key Sol Kruskal Kruz wi Leh Pow nw .. Ceh Val C_cts Leh V' C T (28581300 8 1eerlh 10 o oz PSR LA L OO -k P S 3 R S S & Py D113 D e D5 - F23 [ Sis miicaanmma R D B DA KIS BBO T SO DE B BB BOD 5 s BB DL EE 2 2 T = SRS B rmes: 3 198 O % 1—i3h 10 oI a1 CEFLRR TESETEFE & 78 &8 Cmish bid @100 1913 Ceida ko it PN e T P SR PR PN A o a F S SR P S POy - T E E RS mS e Ziom 2O D Doy LIS an C_ Pk e fort ‘Dairy Brod. 46 § Wolrerine Po €8 9% IYel Taxi € N Y 189 1 MINING ST( 3 I oy SRS RBRDRS 3 a ispkoom i LI o BN S B BN dom da . 15 AR arhead [kfid .05 HBI!] nt. 3% il 3 G 2, 2 @adauia = S 3 4 x ‘enden " Cop : DEPENDENT OIL STOCKS. 10 g;g -y oy O ici] > 33% 3 20, ® & * Z; 3 O ] “ari e o e Buboudnadanm: s R DRI DD SRS SR i Ve % % % 1 ma cemid R8RSR BaS SR R Hwe Do & FSe & ) BER1 30023558 8 B Rone .3 I B ORPERR I RERSORETY E28. 3 nBa3aEls B nsBonsubisadnataans EELEAEEPE e o o ) s o FERFER & it iagne @ isene Sales in STANDARD OIL ISSUES. 0 Buckeye P L . S Mlll‘:l'!':)il P L .. 134 Im O of Can 6 B $323333 >3 >o2>>5E 3 yod , EEEERErEES 00d Rubber d [ comocac 2555030z > de Gas b Tenigh Po 6s X: o e = 3 Serx EEREFS 255000505 oS 35505 S00s 0523 & RPERE TP 5 FAAL PE LTI © 8225533 aR8R22353203233332320a522ER FEE FESE T FFERIE S e e s 2 Shawshen 18 8o Cal Ed CE o FIPE BT £ 0P e DO OSSP DS DODDL S T DBDD: BRSNS R8RSR BRS2nESRS3223RARRRERE i S0 b 6128 1 Webster Mil 8 FOREIG o Sales in d "+ G ISE SRR P 3583 2 B ] 3 Buen Aires 7% 6 Brazil Blge n Wi Packard Sedan —famous 3-26 model — re- varnished and looks new. Has new type steering—low pres- sure tires—oil rectifier, etc.— complete extra equipment. Packard — 1707 Kalorama Road. Stocks 0dd Lots Carried on Margin Buck & Company —BROKERS— Established 1916 312 Evans Building 1420 N. Y. Ave. N.W. Tel. Franklin 7300 te Wires to New York WE FINANCE —al! classes of income-producing property Large Loans a Specialty Current int rate and commission R Setssotsacoes 022 | SE33330BIRZ AR 12DBN FEFISTYD "5 FEFEE TR eBrnsie mmiom BESDRD D105 BRI 5DDBe B 120 e 2052000-D5009555002x 2D 2DOBHDDED 555300 %: NEW YORK, June 25 (#).—Call| money steady; high. 4%: low, 4%; ruling rate, 4%; closing bid, 4i; of- fered at 4%; last loan, 4% call loans against acceptances, 3%. Time loans ; mixed collateral, 60-90 days, 4%a4%; 4-6 months, 4%; prime mer- cantile paper, 3%ad Washington Stock Exchange | SALES. Washington Gas 6s 33—$1.000 at 104% 5,000 2t 104 1= | Canitol Traction Co—20 at 1041, Gonunental Trust Co.— at 41 5%at 01, 5 | Real Estate Title Invest. Co—10 at 181, 'Nationai Mtge. & Invest. ofd —10 at § Lanston Monoiype—10 at 887 APTER CALL. National Mtge. & Investment ptd—50 at 5;%. 20 at 83, 10 st 8% e National Back—3 a 369,73 at 463 5 4% 463, 5 ot 463 Money—Call loans. & and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY. oy e 10, s 2o PPocoy s SR s ooy IR BOOBADS DI, s 85, Wash., Rwy. & ‘Wash, l']{ & fiec &en. MISCELLANEOU! .M & wflmu 3822 ®EE R A P o = gez=t TRUST COMPANY. ity & Trust.. 380 Higbie & Richardson, Inc. 816 15th St. N.W. Representative perienced in the loca vestment fleld as manager of W branch of ore financial firm. nerntion will be on » partnership ba such assistance as may be necessary for velopment of elientele will be furnished. Ap- | plicants will please state age, qualifications and approximate present earnings. | _ Address Box 359-C, Star Office We Will Loan at 53 % Economic Conditions Tyler & Rutherford Loan Correspondent of the Mutual Benefit Life Ins. Co. Newark, N. J. 1018 Vermont Ave. FOR SALE 6'2% TRE TYPE OV S CONSE 14 INVESTORS BUY In denominations of $250, $500, $750, $1,000 and upwards, secured on improved real estate situated in the District of Columbia. JAMES F. SHEA 663 Louisiana Ave. N.W._ M. 475 The number of Packards you see on Washington streets is proo? of Packard goodness and popularity. Many of them were bought used. Why not look over those traded in? Good Packard and good cars of other makes at low prices and falr terms. 1707 Kaloama Road. Prepared to Accommodate the Most Conservative Investor with First Mortgage Real Estate Gold Bond Coupon Certificates Payable at Any Bank Guaranteed by United States Fidelity & Guaranty Company (Resourees, $46.000.000) Yielding 6% Interest Plus Tax refund up to 4% mills Call or Write for Cireular CHAS. D. SAGER Since 1908 924 14th St. NW. Main 36 OANS We will gladly receive and give prompt attention to_applications for Loans on Washington Real Estate Current rates of inter- est. Should you have Money to Invest —we can also take care of you. Our experience, ex- tending over a period of Thirty-Five Years —insures your protection. P 0 00000000000000000000000rrrrrrrrrsrtetetstsssssessssoses Percy H. Russell Co. .~ 926 15th St. N.W. Kindly write B. F. D., 815 15th St. or telephone for an appointment, Main 6465. Before You Start Away On Your Vacation— rent a Safe Deposit Box in either one of our conveniently located banks and be iree from worry about the possible loss of vour valuables and important papers. I'he cost is indeed small for the com plete $3.00 pays for one for an entire vear. service rendered. and upward Second National Bank “The Bank of 509 Seventh Street 1333 G Street N.W. ['tmost Service W. “He that lives upon hope will die fasting.” Beniamin Frankiin. Days of forced idleness are inevitable—but they may be Days of Joyous Fulfillment if you begin now to plant the seeds of Financial Inde- pendence, for surely that is the blessing of Old Age. Our Investment Specialists will be pleased to tell you of the merits of our Partial Pay- ment Plan; and will endeavor to help you solve any personal investment problem. FIRST MORTGAGE NOTES ANNUAL RETURN 63% Mortgage Investment Department 717 14th St. N Main 2345. 00 000000000000000000000000000004000000000000000000000000000 000000000000 00000000000000000000000000000000000 Main 2100 TEMPORARY CAUTION; PERMANENT SAFETY Before you commit your in- vestment funds to securities of any nature give us.the oppor- tunity of explaining our 6% FIRST MORTGAGES A Therd _ofa Century Without a Loss The few minutes or an hour of your time thus taken is real- ly a provision for years of safe- ty. These preferred, protec- tive and productive securities have been the choice of judi- cious investors for a. third of a century. B. F. SAUL CO. 925 15th St. N.W. SPELLS SUCCESS - SHARES You've heard time and time agair ot people telling how they suc ceeded. Saving a part of their pay the most important factor in helping them attam their goal. You too can have a substantial fortune a few years hence ii you make a regular deposit the Equitable Jom today and save systematically 915 F Street was NEW ISSUE $3,800,000 502 Park Avenue N. W. Coraer 59th Street and Park Avenue NEW YORK CITY First Mortgage Fee Sinking Fund Gold Bonds Priced 100 and Interest to Yield 6% Due: October 1, 1941 —A first mortgage on 502 Park Avenue, a 30-story apartment hotel building, containing stores, with 46 offices on the second, third and fourth floors, and 178 apartments of one to four rooms, and land in fee 100x 140 feet, to be erected at once on the north- west corner of 59th Street and Park Avenue, New York City. Completion of the buildingisguaranteed. ~The building will occupy one of the best corner sites on Park Avenue, close to the high-grade shop- ping districts of Fifth Avenue and 57th Street, within a short distance of the Grand Central zone. ~The property has been appraised as follows: Abppraiser Land Land & Building Douglas L. Elliman & Co.,Inc. $1,850,000 Wm.B.MayCompany . . . . . . . . $5576,360 There is, therefore, an equity of over $1,750,000 above the amount of this mortgage. ~—Net annual rental earnings of 502 Park Avenue are estimated on a conservative basis at $458,334, more than $125,000 in excess of the greatest com- bined interest and sinking fund requirements. —There is a strong demand in this neighborhood for the three types of space to be offered by this building, assuring the success of the operation. ~—The property is in strong and experienced hands. Interest coupons g-vnble April 1 and October 1. Bonds in de- nominations of $1,000, $500 and $100, registerable as to m:l. Title insured by Title Guarantee & Trust Company. able for the sinking fund at 101 and interest. Callable, except for the sinking fund, at 104 and interest on or before October 1, 1931; and at 103 and interest after Ocjober 1,1931, and on or before October 1, 1936; and at 102 and interest after October 1, 1936, and on or before October 1, 1941. United States Federal Income Tax up to 2% paid by the Borrowers. Kansas 2% mills tax; Minnesota 3 mifi:lu; California, Con- necticut, Pennsylvania and Vermont 4 mills taxes; Maryland 4% mills tax; District of Columbia, Kentucky and Michigan 5 mills taxes; Vb%nh 5% mills tax; Iowa 6 mills tax; 'f:l:w Hampshire State Tax up to 3% and Massachusetts State Income ‘Tax up to 6% refunded. We recommend these bonds. Write for circular de- scribing this issue in detail, and ask for CIRCULAR 112.G S.W.STRAUS & CO. 1802 4 INVETMENTBONDS % INCORPORATED 929 FIFTEENTH STREET Telephone Main 5847 WASHINGTON 44 Years Without Loss to Any Investor