Evening Star Newspaper, June 27, 1926, Page 35

FINANCIAL. THE SUNDAY STAR, WASHING [ RT 1 FINANCIAL — e —— l \ B y et 1018 9 . | iy 102416 377 | 35 Cents a Pound. assistunce as 2-26 101-21 Liberty 15t 1148 19 , 9 100-16 100-17 Liverty 2d 433192742, 6 100-27 367 | " ) ik s : 1 istunee s iy e o) -2 3441 2 16 - rr Meel ag S, N B s NEW YORK, June 26 (®).-Rayon P iisas “, b d. Al : DB O C pEARUEY LSRRI R s ORI JaER i View—TFar Cry From First Gathering Held - [t trade looking for a decline of 53 | Address Box 359-C, Star Office || —availabia for 1 l're\ week's Tose I Low. Last. Ne 7 T Conre S oo o Eight Years Ago at Deer Park, W, Va. 150 Denier rayon. Cotton goods we Tradir: Listless and Reagc- . " 200" oov- Ecior. Lt e 2 103 i n : ina 7 i AR s ]:::‘,‘ 1::}1:‘ 1::}“‘ | somewhat more active i the gray MAHOGANY OFFICE FURNI- tions Are Noticeable Dur- 11 sax 1021 100 - 3 SRR 1W01% 101 101% A FLEMING. ity Nty Cowan T e e ""L‘\\\.:.',;d":.'I‘,,::_'::"“';“] {{ TURE AND EQUIPMENT Real Estate Mortgage and : ¢ Belgium 6s 19 WAL e s 3 84w i o ol 1 toran Lored goods lines » . i 5l as some convention and Victor B. Deyber, n president | Crec S00C8 Aed. 100 B eor an Desig, 1 P e the Week. }(’“ Kty Dol ;",".h“ ¢ 7 107% 107 o it of View. from | with a past fficlal on elther slde, did 4 t '\.,“": ol M o ot . AW e B L R Guarantee Company 8l elgium 8s 19 Sy ¥ 7 % L | om | L et b ditey quiet. Silk goods fo appear to (§8 d Typewriter Bordenux 65 1934 5 g4 8ou (Lhe Tt at iieinl ublectriols VAN S5 o o e O el o | P In better deniand, especially many d Tvpewiter ¢ 26 Jackson Place BoMse | cussed, the spesches delivered BY | ine convention under éhe escost of B. | o€ 1he Mieayier Brals. . St Co L. E. Breuninger, I 105 |2 e cditor « Nation lier. Cutters of linen knickers [§ 87 & - Washington, . €. N. Harpe i g e e 3 s o ion of {#re mow buying for Spring in a lib. practical hanking study, of the vari . the new offerings heing of ancier character than cents a peund from a basis of $2 for | _ any amount. tion . : g0z 102% | Business, and se § ove i i 101 [ mor of the Federal Riserye Tank Chile 85 1941... 1074 | Richmond: the paper read by the e it fealires 109%°107 " Chile 85 1946, . X 109 | Juniors of the Americn Institute o ‘I“'"Im’"j"""\}“m"::;{ i e 'to shown. 404 4N 39% Chinese Gov Ry b 5 , o i ,".“"” & o "”' hapter, he LOVES | four fine full days and evenings with SL 100 B e e aer 100 10 omamitices of tho Diatrict| §erything ‘passing off smoathly cnd | STEEL ACTIVITY BRISK. - e s ¥ 5 | S Sl U anjoyably, with full recognition of the Dean p 5 & calilon Annanal el lumenfise andidigviity ot (hajeatnte ) REVWCIORES (ianeszs (il 00 Dutch 7.0, FRAPONS svery one seconded the verdict | tverages rted in operations of Dutch ast Indies ‘|.. congratulations offered hing on 1 e s steel mills in the Chicago district, he French Govi 7%s 1941. | covery from his serious ill e b tween &5 and 90 per cent, compared e | prevented his attendance on The First Convention. with about 80 per cent for the entire man 7319 » nvention, the convention wus 1t 15 a far cry from. the first tothe linaustry, Hilnols Steel, subsi@iary of and-American 5 £ 63 19 ] 1| suecess. efighth annual convention of the Dis- | the United Stutes Stecl Corporation Japanese $5 1951 g s B34 N8| From s Al standpoint i was “the | trict Bunke ation, but not us | is operating 21 out of 27 blast Tapanese 645 1954. 9 ¥ | best ever.” Many receptions were held | far as Tipperary. naces; Carnegia S 3 + 4 Al ; nces; gia_Steel, 38 out of ‘ens Utd Margarine 63 1947 24| ¢ evening and there was an in-| Memory, however, holds that firft fand Jones and Laughlin Steel, 9 out 1 65 1934, %= ‘ semingling und fellowship leading up | conventions fresh and green, but with- | ¢ Mills in the Vittsburgh district to the grand fi the family ding out especially pleasant memories, if {,re trying to get 2 cents a pound with the entire personnel of the con'|one may except the strenuous efforts | for small lots of plat o addtad | vention guthered together in the big|of the new secretary, Mr. E. E. |tjons below 1.90 cents are available, 055 }xg_,nnm room, where i program of rare | Thompson, to secure sfactors £ St July 1st! Assured September 1st ~---7 Your semi-annual interest is coming due. In many instances your investments are ma- turing. Vacation approaches. Of course, you can conveniently use your surplus toward making it a success. i DRI Paris-Lyon 0 65 7ia 101% 5 ensland 6s 1947. 112% 1 3% censland 7s 1941. | excellence was carried = ining car servl A 03v | ¥ ce was jed out under the |dining car servi e a aneiro 8 1‘;4;. - . ;“d leadership of the entertainment com Deer Parls, V e Al A teacher ';" ‘n city school asked a 0 L, GURLRIO s 59 o 5 o te 1 the pri of the | the place for holding the firs SR e QJ““ m 1&'" Aides there 2pnes s events were awarded | tion. The idea met with strong oppo a circ wo,” said he, hip and sociability | sition on the part of some of the con- . servative element & the T — = Sk 5 84 118 | the same story every | opposed to going out of the f e e e \ | vear, eac ntion i o master- | The younger bankers had dete 2 WE FINANCE ‘“m“m“ i wse | piece o Wl management, each | to carry out the the i 11l =a1 crasses of tncome-producing property 108% 104 |reaches w little vee of | joined in and the first attempt, . Large Loans a Specialty m our 10342 stecess th 1 il ruide the way 08 5 x 100% 100% ess than its predecessor anc h| 1y milestones to guide tl ; : 99 I\ . w ! Ko PO Al 1d its record # Current int. rate and commission , ] ke Pl FIRST MORTGAGE NOTES 107 Loee 108% | Ko0d report pussed trom fortu- | enviable one. Higbie & Richardson, Inc. i 9%k ORi |Date enouzh to have be cesent | ‘There were three sessions the first ok o « s ot inaagie. B oot 1031 103% |10 the unfortunates that were absent | day—wm., pm. and gn; two day 816 15th St. N.! Th.e fact fhfl.t you have a surplus to raconda Copper 65 1953 . 10 103% 104 | that when wnother vear rolls around | s and a short evening session use is due entirely to safe investment.” Anaconda Copper cv deb 7s 106% 106% | the attendance incre ond day and two on the t‘mm Armour & Co 4% 18 K 9lts 91 917%| There §s no question but what in|da here were no social functions, \:;:x(;\.xr ll(-!(l)nhw, deb 1owlnm next few y hundred n attempt at a family dinner, Ready Money to Bell Tei (Pa) ref bs 1948. 103 103 102% | people will n etice to at|partially successful. Sports were ta- Bethlehem Steel p m 65 193 7% 97% | tend each recurring gathering of the . Incidentally it rained oll the Loan Bethlehem § Steel s £ 65 1943....... 997 9 100 | bankers, more especially if- Auch 109% 105 “opper 65 1932. ... .. 107 % 1064 107 |an at tve spot as Hot Sprir 5 ‘porting the convention was next T M Aol o 86 s Coal (Md) 1st ref 55 1950.... 81% s chos as the meecting place, '|to impossible. No telegraph office, no i seiiat 100 S e g cv deb 83 1930, 95 95% 3 or nothing missing, nothing | telephone connection, save after much 713, 715 and 717 14th St. N.W. Main 2345. 10 Detroit Edis : . 108 want in the location or in the|eff 1 accommodating operator We provide suitable and satis- 9i% 974 92% Dodge 94% Ydba 9d% | hotel. iving reports from Cumberland to ||| factory solutions for your finan- PR A RRE RN R SRR RERE 97 1034 Empire Fuel & E 10274 24 108% | At | Washiniton. ciwl problems. Immediate deci- Goodrich (BF) 6 10 5% 106 5% 106¢: | W 5 * | M. D. Rosenh was then pr sions and settlements. Youn will 110% 110% here 2 ent nventic dent, N. Harper first vice president find our charges tre lowest. Have a vacation. Spend your “Vacation Budget” and reinvest your available funds nd_outsi LERREREARERRER YRR AR R o PR Mortgage Investment Department LR RIS R 11 9 . 2 y: H ear Tire 121 2 “ 121 "Y: = i and J B B s . 5 3 101 e T - : D tOnne Tni v T T o Realty Loan Co. The New York Life Insurance Co. 105 i { et here it i stum. 94 3 2 rpe carried away 1 onvention was al i - 1417 F St. NAV.—M. 9411 Ofbrs to Make 95 4% [honors in a studied addvess, fin t h so. It g Open: Bvenfrigs g R e T T e, e First Mortgage Loans yo% 99% : e art of a r und well received 1024 103 o 1 i i | iy i are pasi masters oaew 914 96 % | and a well prepared speech t ot il | What 18 known as “the I WE PAY MORE INTEREST | On Tmproved Real Estate in the Dis- s 2UBa 108 H applause and laughter par | group,” is really the pulsating he | ON SAVINGS ACCOUNTS trict of Columbia and Nearby Suburbs ;1o 10w [ sufticient. amon i e "x"w’w‘z“’e‘u' ocitA officials meeting ||| Than Any Ofher National Rank in Montgomery County, Maryland X Tol 45481930, vnnveeceeeeser U8 98% 97% 98 SR iste de el eehay ates proposing debat. Gialiar “.:“'m"‘g‘m',‘."“ =l FOR 3, 5 OR 10 YEAR PERIODS l&‘l . . . 108% 169 . M e 3 1 st s ing call afly i ; Kdison 65 1962, 103t 108 _The youn e A n e Sficiul lino 1s alwavs ||| Interest on DATLY Balances ciic Gas & }23.' 't\vlm;v:u. AL with their priz | present from neesia nt 1o secretary. ‘ Come in and let us explain Ho 1 Apartments o Corel Loez. it h s piainiy indiciued that therd i e PRICES DOWN o I Nat| Bank Business Propertles 2 0 Offico Buildings = , | S R Commercial Nat'l Ban b3 Y > U136 147% 3 e ; i WH 1ith and G Strects i ON APPROVED SECURITY Sugirasisi.. 108 ] the family . his aid ON LARGE ARR'VALS, Resources $17,000,000 Apply s 1944, . 107% | an 1 de a e E. GOLDEN DONALDSON, PRESIDENT Power & Light os 1944.. Grain Elevators in Southwest Re- MORTGAGE LoaN GORRESPONDENT R e : ¢ el = ported Overflowing and Still 1 & Co 1t 65 19 iy an More Is to Come. 1321 Connecticut Avenue Telephone Main 9700 1 ; K. :Il :\U\D % h guest Atchison gen e 3 s 5 man_was 1 1l day Sun Bthic & 1 Press ¢ i At oast Line 1 ((sl . b3 2 Y © ’ i 56 Boy ; Talto & Ohio gold 4s 191 v y 3 LA | Jirtie g s rien o CHICAC June Z6—Grain ele 'y Baito & Ohio cv 4%s 19 . 96 5 AR 2 3 varv. | vators in the Southwest reported al- 1‘ i i;-‘“”&i fo ref 58 1996. ...« L ¢ 1 B ready overflowing .m.\ still larger ar- oc a} e 341to & Ohio 65 1929 % 4 | e en " .. under | rivals there for on Monday B&O Pitts L W Vi 45 1941 91% % ¢ ) 2 - |gave a downward slant to wk A 93 page cloth bound book written I & O Southwestern Div 5 cfs 50 [ o B Sy G e uss 1 by @ leading financial authority. ““\&»rn MM\"}I«“ ba’bn\l}‘-‘:‘ K s g or M wothing | sure fi ar 2 Containe many llc(ennfic‘hcts of i adian Northern 6165 1946. ... 8 I 118 it UIE L July delivery of wheat at only t great value to you. s an investor, itral Pacific 4s | : LD EE - ‘ t cen re- ‘'omplimentary coj i beake & Ohlo cv 4143 " 987 49 % 1 . attend_a convention et St ey s whilo limited sunply lasts | AT ITS BEST (n‘e\kuk()n.l»;,(.n 415s1992.. 96 6 once more t he radiated smiles. S R net lower Ask s 51 | pelie & Ohio ov 55 1946 o 134 L o brand of weather served, bu ) corn unchanged | | ¥ Richard D. Wyckoff Analytical Staff, Inc. £ to o and % | |§ 42 Broadway New York £ crowd ¥ 10t t t e . 3 riving and | off. provisions varying from 20 | gy One security may provide hindrance in |I1|'L4!|u~'l./ul cline to an eq 1 B Wester ete e T merO LR AHA.| L WIEh DrimaT ipts today more iull protection, another will M St J'aul ev 4128 - . 2 = 0 . SlGEETe: han double those of a week ago, the w WI" L 5 [/ e A % - ‘{22%%:3%.‘5:’3;,. Lo 94 ua ; i oAt matket soon: began io give e oan at 70 pay exceptionally good inter- . 3t | Personal Mention. ay after an early upturn, The im- T iy - s 3 M & St.Paulev p o 02l B Hiavie i s e i | entite etk Tartr Gk an) Eeconomic Conditiors est, another may be backed by & Northwestern 614 s v v nz Y 2 f 2 e Vi ¥ , o pl he three-year term as|nouncement of liberal sales of whe: - e neo stz s Pacifio re i e o het o ot | it Kansas City to be sent to Chica lyler & Rutherford || a house of long standing. | membe e exec » council ¢ “hi U ation 4145 1964. the Americar Coclation. | as @ measure of rvelief fo e _ 1‘1’:‘:\ ::v’:'::s::m.ns : ll*J\iZ Every one would like to have it, but [reom at Kansas City. S n 3 Loan Correspondent of the doimiii ey 952 81 % 86 4 s three-y terim hetween elec. | was also taken of word that Wichita 5 a But all three factors—prin- 104 :7l{!ff4\n\:?‘1':‘.nl : e ; 4 :f:: “: ek \ l..‘.,,,.m- o Kans., had received tod 161 - Mutual Benefit Life Ins. Co. || ! Third sinal protection, intere l] 107 5% 108 + Cleveiand Term 5151 8 one deserved the honor loads of wheat, the biggest sin Newark, N. J. ! cipal 1 s erest as- ve | 46ia £ i Colorado & Southern 4 : . sio | than did the active, enerxetic - | day’s total on record for that markct, 1018 Vermont Ave. M. 475 | of surance and the supervision of A b 5% 195 93 9 0514 | dent of the Farmers and nd that 730 « ‘lwul\”\\"m"t' expected | g i I establiched & 1000 | 104 % Delaware » Hudson 5%8 1937..... 105% 2] National Bank and of the Clearingz [at Wichita Mond utchinson and | = i s old-established firm—are 104 Den & Rio G i 5. WD, 9% 90% | House Association. Mr. Haynes' rec- | other harvest centers in Kansas were FIRST MORTGAGES i Century S e iR 5 ke D& R G West s 66% 6 6 71 | ognition was for both positive and |likewi porting receipts of unusual | offered for your safety in our Gz 88 g Detroit United 4155 1 . A ¢ diplomatic worl magnitud. FOR SALE 9ue ® Nk > : > ok 3 Wilmar i it of | Advices telling of rains causing de - 1 : 2 e |the TFederal-An r . v”m mr]mhum 4«]\ \\M‘I ]c‘ Alzu;m};n- 61/20/‘7 | 08 6140 F]RST MORTG G t ie cv 48 A 195 75 reason to be proud g to the quality of wheat had but little 50/, ES cvis D19 ;82 that met him with open arms . | lasting effect toward lifting values in THE TYPE OF SECURITY ! /2770 Al TCE8 T, 99% P lighted from the train on w of indications of yields hoth in CONSERVATIVE Grand Trunk s f deb 65163 107% ovening. It was @ splendid tribute | Kansas and Oklahoma way ahove re. v : Grand Trunk 7s 1940 ceeee 115% 4 5 5 and a tine prelude to the march to the | cent estimates telative firmness of ted the next | Liverpool quotations appeared also to In denominations of $250, $500, at Northern gen 538 ceer. 1070 1 & presidency which he st Gr at Northeérn gen 7s 1936 4 3 3% | day, Saturday. in the election to the | be \num]l\ fgnored, export demand | $750, $1,000 and upwards, secured t stepping- orth American wh on improved real estate situated Iiudson & Manhattan ref s 1 716 & post of Secretary, the fi vears will put comparatively slow, despite > in the District of Columbia. Hudson & Manhattan adj 58 3957. : 1 | stone which in three k o linois Central 53gs 1934 B 3% the purple on his shoulde (a-k of emaller world shipments. HE - r Rta - : lett. to mention the splendid| Cool weather tended somewhat to JAMES F. SHEA | I-Q SA l , I ‘ O Inter R Cransit ¢ 9 9 72| work of Jdohn M. Riordan of the hotel | rally the corn market. ~Oats lacked % . . . 643 Louisiana Ave. N.W. Inter & 3 j 6 18 2% A o aittee and Hillary Toskinson of | support, and fell to the lowest level Jan C Ft Scott & M 4s 1936. . . 9214 92 the transportation committee would | yet thid season I it e ¢ L v Southern 3s 1950. 744 Bl Toth worked like troop- |~ Provisions reflected the weakness of We Are i Main 2100 925 15th St. N.W Kansas City oSuthern 55 1950..... %] ers and both made good grain. i Lake Shove 45 128 aen ¢ Prepared to Accommodate the 2 ds 1931 . 59 b unified 45 1940 4514 Most Conservative Investor 3 h 1st ref 5% 2003.... o with lec Ry & Lt 1s . & 6 ¥ 4 | e L P& S S M6%s1931..... 274 | i First Mortgage Real Estate an & Tex 15t 45 1990 y Gold Bond Coupon Certificates : i : : » oney to Loan & MarinoPuaonb.. ... o 0" | Guaranteed by s % 9 ew York Cent deb 45 1934 . U ds Fideli 5 99 ew York Centref imp . 105 nile tates Fidel ty 1 . . 106% 7% 10 jew York Central deb 68 1935 . 1’ g S 11 S R 2 N RSN ? & Guaranty Company ||| |~ 111 Large or Sma ums for | U84 oo ) SRt 2 et (Resources, $16,000.000) | < 4 : 9 S AR T s T 7 ! Yielding i \ o + 90% Norfolk & Western con 4s 1996. ... : % Norfolk & Western ev 65 1929, .., 6% Interest Plus on Corthern Lacific 3s 1947. ... < §Gs% 40 | Tax refund up to 415 mills Call or Write for Cirenlar Sl e 8 ¥ | cuas. D. SAGER | Business Properties 75 Ore Short Line ref 45 1829....\. ; Ore Short Line gtd 55 1946. . B ABO' Since 1906 ash 1st ref 45 1961 . 5% . r | a N o a1 I8 S 4 A i 024 1th St NW. | Dwellings Pennsylvania 6%s 1936 i | Peoria & Fastern inc 45 1990 | - - b - i & D Marquette 1st 5s 1 . o pme— ) %6897 o e 7 S8 ACTIVITY for (he country as a whole, indicated by bank Apartl l lentS Reading 418 97. GENERAL BU; Rio Grande Western cl debits outside New York, compared with the same week of lust year. SN G a s : o U4 ACTIVITY BY FEDERAL RESERVE DISTRICTS o I i | L & San Fran pr In 45 A 1350... % Check fransactions compared with the corresponding week of last year: SRy | 1ce uiidiz ]gb 3 shel, ; 9% 93 S ppriniGa 19505 ... @ g : e r_-l——‘_*_'—_l-—'—' e will gladly receive | o ¥ ' 2 I 3ia r ‘55’:"’319;1 . % e T ERlIRde e ¢ "‘;’:d‘*‘"’mm' “M"—fi and give prompt attention w telepho . : t St 1 & San Fran ad) 65 1956. .. . G - 3 . 1 and squash, sk 9114 B o31. 823 St L & San Fran inc 651960, . ... .. 3 . v \‘Mrugo —t Louis | Minneapoli; to_applications for | Cons bou our . : e ooy ] dchie) | 98 75" 69w Scaboard Air Line ref 45 1959, .. .. e p32% | ENER . = Loans on Washington | ult Us A t Y Problems R 3 . ¢ 76 Seaboard Air Lineadj 55 1949..... 79 g DING BAROMETERS Real Estate ly on 91 Seaboard Air Line con 6s 194 6% = , actors. " & i & qu ciberries, 13 i X < 7 Shots Pacifie av 44 138 h g b trendi ol jmiorcat fscore o Current rates of inter- METROPOLITAN LIFE INSURANCE uthern Pacific col 4s 1945 presentiiend - from yeasago. || est. Should you have COMPANY LOANS 4 s uthern Pacific ref 43 1955. Business in dollars (checks cashed) ... Steady Money to Invest < b0 aidional. o - 4 & suthern Ry gen 4s 1956. 5 Employment (Department of Labor) Steady i a quart, as to quality & contiagn. \ puthern Ry 1st 55 1994 Wages (Department of Labor) . Steady. —we can also take care of you. Qur experience, ex- EAV tending rweir. a period ofe ffil T tden - H REALTORS i 1 0044 aons 100 P puthern Ry dev 63s 1956 " Coat of living (Industrial Conference Board). . Declining —insures your protection. g Western Maryland 15 1952 Bond prices (Annnllst) 5 l‘,| n;a Mix¢ 106% = Bond s’ (Ansiai Per:z H. Russell Co. ‘ 809 15th Street N.W. ‘Phone Main 9486 " CLEARINGS ( a1a 1008 Ry ird Avead) 55 1960. .- . lo prices (Fisher's Tndex) 7 Declining SANECTRS SERASIUATN, s Son hion Pacifc 15t B8 | e e es. (Dept, o1 Agriculture Nteady s y " | Stock markgt volume (shares traded) 18th St. N.W. 90% 95 Unjon Pacific 15t 4s 19 York City gained 2.7 i mpiled and copyrighted by Cambridge Associates. Boston.) i b g t June 24 E | 98 Union Pacific cv 4s 1927 ¥ 4 H Movement of goods (car loadings) ... Steady clpari g ek ho 95 5% Virginian Ry 1st is 1962, . 2 Retall trade (Federal Reserve Board) . Steady " ey compil e C i ‘00“ i Wabash 1st 6s 1939.. Wholesale trade (Federal Reserve Bna Steady ! 3 ‘Wabash 5%s 75. Failures (Dun’s) . . Steady frel L)+t -t PRI o e