Evening Star Newspaper, July 1, 1926, Page 29

CRABS PLENTIFUL IN GENTER MARKET Swordfish From Boston on Sale—Mackerel in Abun- Swordfish from_Boston has made fts appearance in Municipal Fish Market, where it was in demand for ctail trade this morning. Deale s one of the cimens of ered sh weigh m 100 to for bhakir Today s her 10 pou 1l steaks for broil ind Soft s were more plentiful today, They were from nearby points and of wrious sizes. Price d from $1 " Increase of hard ) ) points on Potomac, ind Solomons Island nedict on the Patuxent, ulted in * lower abmeat also is more plentiful, and dealers ar ni shipments large mect Lump quoted at ilon_this lawine: ht $8 o s a dozen "Mackerel Plentiful. off the Massachusetts mtinuing their immense Joston mackerel, and sup fish received here, it i S d, ive been lar; enougl to keep down prices of other fish. The < 1 were quoted at 8 by waters are more st due, it is to improved ther * condi = Prices of w River stock were quoted Trout, 2 buttertish, 8: kfish, pan, 18; la sturgeon an Other quotations were as_follows: haddock, 8 5; flounder, 10; 1dock appe salmon, sea bass, tilet E red : a gallony cooked llon; green’ shrimp, 25 cents ims. $1.50 per hundred; live ) cents a pound 12 bluefish, arket Prices Today. 113, Plymouth Rock broil- ers, 114 to 2 pounds smaller, 38a 40 White Leghorns, 5; fowls, 30; duck ng, 20; old, vouns, old, 35ad s urkeys, brotlers, 4 50: keats, young, ; old, 40a50. " Live - Calve choice, 1 medium, %al10; thin, 6a7; hogs, heav and medium, 131 light, choice, 15; Beef, 17a18; lamb, 30; veal, ; dressed’ pork, heavy. 19; pork ern, 30a32; ham: fresh hams, W. Today’s market report on fruits and vegetables, compiled by the Depart- ment of Agriculture, sa. ! oupes—Supplies _liberal; de- mand moderate, market slightly weak- lley, Salmon 0, mostly 4.00a5.00, s and 15s, California Imperial V nts, standards, 45s, 3. around 4.00: jumboe: mostly around 4.50; flats, 1 Lettuce—Supplies moderate; de- mand moderate, market dull; Wash- ington, crates, Iceberg type, 4-5 dozen, a2 w Yor 3 2-dozen crates, Boston_type, 1.00, few higher. Onions—Supplies light; demand light, et dull; Texas, standard sllow Bermudas, No. 2.00; poorer low as 1.2 —Supplies mod moderate, market steady Carmans, large to very large 3.00: bushel baskets, Early Rose, 0: small size, 1.50a2.00, medium to large , bushel bas-. vflowers, small size, 2.50. Supplies moderate "de- mand light, mar| orth Caro- lina and Norfolk Virginia, cloth-top, _stave Cobblers, U. S, No. 1. mostly around 5.00; part: 1y graded, 1.00a4.50. Tomato Market Weaker. Tomatoes—Supplies liberal; demand mod ket slightly weaker; Mississippi, 4s. ripes and turning, vrapped, 60a85: few higher: South | Carolina, 0=, ripes and turning, wrap- ped, fancy count, 1.50: few high as 2.00; choice count. 1 Watermelons — Supplies moderate; demand moderate, market fairly “lovide and Georgia, Tom | 28 1b. average, mostly Ib. average, mostly around ‘ans—Supplies liberal; de- ate, market slightly weak els Valentines bean pods, 3.00a Cucumbers—Supplies moderate: de ¥ d light, market steady; Norfolk section Virginia, hotbed stock, 7a- hushel han fancy, 3.00; North tar . bushel hampers, fancy, 1.50a . Supplies liberal: demand light ket dull: homezrowns, bar- rels, flat type. 1.00; few higher. Corn—supplies liberal: demand mod- erate f good stock, market steady: ushel baskets, 2.0022.50; North Carolina, crates, ordinary to fair qual ity and condition few high 0. FOREIGN EXCHANGE. fQuotations furnished by & Co.) 7 checks Hadria: Ho30 o 00001414 014 14 01, 1 Dest YOR Towe (). —Foreign jons n demand, 48014; bills on bank, . demand. Demand: Helgium, 23.80: Holland. 40.121s; Norw Sweden, Denmark, rland ;B 1.22%: 2.96; tina, 47.0¢ 100 Are You a Sucker? Too many people put thelr money in day drenms and wake up broke. Never put your name on the dotted line until you have $nquired of some one in your bank what he knows ubout some stock issue that is of- fered to you privately. RECAPITAI;IZATION 0.K.'D. NEW YORK, July 1 (#).—Stock- holders of Otis Steel Co. have ap- proved the recapitalization plan in- volving exchange of the present 7 per cent cumulative preferred stock for 7 per cent prior preference stock, which will liquidate, accumulated divi- dends on the old preferred, It is sold in | American Security & Trust. 481 ** | Continental Trust 51 Merchante, Bank. 186 tional Savings & Trast . 495 U 3 224 Montreal, | Received by Private Wire BY WILLIAM F. HEFFERNAN. B Dispatch to The Star. YORK, July 1.—Improvement yin prices wus not as pronounced to- | day in the Curb market trading as it | had been on previous days, but op- [( utions for the rise still’ predom- | inated. Oil shares were not as prominent as they had been heretofore, but no attempit was made to offset the recent vement in this quarter of the of the so-called issues continued firm at - better prices, notably Stand- lard of New York, which was being in- fluenced by talk of a high dividend in | the near future. Among the inde- pendent issues heavy selling of Pan- m carried the price off a half point {or so, although there wus nothing in | the outside news to account tor the | sudden offerings. Stocks in the dividend-paying class | were the favorites in the buying. Le- high Valley Coal sales shot forward | Several NEW YORK, July 1.—Following i a list of bonds and stocks traded in on the New York Curb Market today, with the volume of sales and prices up to and including the close of the market: \ i INDUSTRIAL S'Alb Pick Bar vte Allied Baiue nt ‘7’“5‘:? Port, Cem Seating bfd = vie i Continen’ Bak * 26 Continen Bak BI Bak ptd Tob Inc. AP A WW or R C vitc 2 Devoe & Ran B 4 Dixon Dreade w 1y 4 Crucible. 141 = 14 Bic ber a0 40 Inc. R Secure Co i Pub_Serv. Fed Mot Truck Film Inspec M. Firest T 7s pfd 0 Forhan Co A. Fox Theaters A 3 Freod Eisem R 13 Freshman _Chas ) & d_Corp . Bk A B. c_tr. rto en Alden Coal 163 Goodyear T & R 57 3 Grimes R R 5 Happiness C § A 4 Huzeltine Corp. 1 Hollander & 1Hom & Har 57 Ihd Ryon 1Iutern Tul Ttl A n_Util B... R Johne-M 20 Keysto > Landay o oS Etea] 3 114% 3 37y, e D BB R S B A DS o S R i~ =y - Pow 21 Penn Ohio _Se P&l Te 0l%y ‘) Nat Pub sor A 18 10A% at Pub_Ser 1 H 2 % 11 %12 N R TIEN ort] N L1 0 Qvington Bros ¥ 0y 47 Pann Wat Pow * 1a b i Eiee v .S 183s, 13 % Piush & Lalié 'E 14714 13734 bPuc S P &1 203 9 Pyrene Mie % 111 1 Rand Kard B hew 3814 381) 34 Real Assn Bklyn 2! 22; BReo Mot ... 4 107% 1 Rep Mot Tr it 4 i 1 Rich Rad .. .. 1847 13 Richenback " Mot Y 18wart (B) Cig A FE v 2013 e % T A et dp - | Sson ek i new 9% Sou P&L br pfd L 100800 PEY, "ol 914 |7 Southw Bell pta114% 1131 | Washington Stock Exchange SALES. JFarmers & Mechanics’ Bank—3 at 303. polontinental T 7 at 90%, 5 at Merchants' Trans. & Storage pfd.—1 101, 10 at 101. il PAs AFTER CALL. Rwy. & Elec. ptd—i_at 88%. ton Monotype—10 at 02 THE EVENING STAR, WASHINGTON, NEW YORK CURB MARKET Direct to The Star Office more than § points, Gillette Safety Razor was bought at an advance of almost & point, while Pyrene Manu- facturing featured the low-priced div- idend payers, getting to a new top for the yoar at 11%. Included among these were o num- ber of public utility issues which were thought to bo selling out of lino in view. of their earnings. United Gas and Improvement extended its gain almost 2 points when it sold at 112, United Light and Power A gained fractionally, Mohawk and Hudson took on another half point and there | was an urgent demand for Northeast- ern Power. . Baking company shares failed to be affected by the congressional proposal to reopen the investigation to de- tormine whether the lurger companies were operating in violation of the anti-trust laws. Reports of increased output affected the market for South american Gold and Platinum, which equaled its pre- vious high for the year. troock )y Superaeat” Co 10 Swhit int 13 Swift & Tomna "T_Ull en AX| 19 T, Lix 3 AR §'% v 1o % Tun 1 Uni N 68 Unt Bi 3 5 T ¢ 8 i Univ Tie C . 43 ; S l;\&k““( I)hi[, ’,}‘l;y G'ashow pi 0310 o faxi ¢N ¥ 150 1% Cons Cop_ ines:: 17 Ete Gl Lul § 0 Eureka_ Croesus.. 20 Forty i 73 Golttn Center M. Hawthorne M . Heat Siine 1 Jeroine V" Doyel 3 Ray Copper Cor Noxon Yl ew Cornelis .. Y & Hond Ros J Znc...... 19 poarhend ek Hughes Sales INDEPE! in hundreds. 1 Am Con Oilfields .00 00 00 Am Margeaibo C 6% 6% 0% 1i Beacon Oil .. 174 17 1744 09 Canb Synd 1744 10% 17 :‘ 1 it Serv n . 417 413 41% Cit Serv_pld 80 851, R6 Yot Sermcrs 0 20n 2N 20N 110 Columbia Synd J" 2 L 8 Cons Rovaities n 9 i 2 Creole Syid 14 3 13 6 Crown Cent Pet. 24 "2 3 0 Gibson O A 1+ i 15 guit Oll gt Pa LA a 0 Leonard Oi 3Lion Onl . 2 28% 2% 1 New Mex Land. 13 13 e 2 Mex Papuce - 4% ih 5 Mount Prod 2Bk 251y 4 New Bradfora 0. 6% 4y 3 Ohio Fuel Corp. 38 = 38 2y Panders O 8% 74 1 Peer Ol Corp . .00 .60 28 Pennok_ Oil Corp 16 147 S Reiter-Roster OIl. 21% 20 13 Royal Con O & R .80 8 20 Salt Ck Prod. 34 .’i.LlAlz 3 Tidewater O .\ 24% 2415 7 Tidewator Ol b 9714 17 Venezuelan Pet. e 7 Warner Quinlan.. 28 B X G n.. 31 % Oil ....... .2 4 Sales in STANDARD OIL ISSUES. units. 1600 70 Borne Sery; 400 Chesebr M 13700 Continent Oi n 2: 60 Cumberiand P L 108 30 Gal S O ptd old 75 8500 Humble Ol & R 001 P L 134 1100 Tmp 0 ot "¢ 200 Ind P L....... 2000 Inter Pet ¢’ Ltd 100 Northern P 100 Ohio 01l 700 Prairie O & 130 Prairie P L.. ha 130 Solar _Refin i1 pe—| 3 Gas Light—10 at 69%, 10 at 69%. Money—Call loans, 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY, Ameriean Tel. & Telga. 48 American Ter: & Toee: 4% Am. Tol. & Tel. ctl. tr. bs. Ancostia & Pot. K, R. bs Ana. & Dot. guar. 8. (. & P. Telephone B C. & P Tel. of Va. 5s. . Capital Traction R, R. 5s. City & Suburban 5s. Georgetown Gaa 1t 5h otomae Elec, 1st 5s. Potomac Elee, cons, Potomiac Elec. 68 Pot. El. Pow. &. & r. " Wah_ Alex. & MtV V. . Alex. & Mt, V. ¢ b Balt. & Annap Washineton Gas 5s Washington Gas 68 . w . . & h. Ri 4 Wash. Rw. en. Os. MISCELLANEOUS, D. C. Paper Co. Mix. Os Pot. Joint Stock L'd Bk. Bs. thern Blds. 6l4s... Wash. Mkt Cold Storage 5e.. Wardinan Park Hotel 51, STOCKS. PUBLIC UTILITY American Tel. & Telga. Amer.Tel. & Telga, ris. “gig Traction . 105 ° lon Gas. | Z 70 " I“I‘\nnnm\'l amboa Rl otomac Elee. & Potomae ot Wash. Rwy. & . Wash. Rwy. & Elec. pfd.. NATIONAL BAN; s & Mechan | Federal-American ... - Liberty g icoln National Riegs o cond ational Bank of 'Wash. i TRUST COMPANY. Seventl United Washington American . Kirsmene National Uni TITLE INSURANCE. Gammpia Tt . state TII.IB & Inv, Co. Md. com.. * MISCELLANEOUS. B ederal r pfd. . HeoHante Kran. & (erchants, Lran. Merchants: Tran: & Stor. pid. Mergenthaler Linotype. Gl M. &\ Iny. DId.; - beoplos Drug Store pfd. Lanston *Monotype Security Storage .. Mark 50 W Gividend T10% ‘stock dividend. 3 1300 Sou Penn Oil n 37% 100 Sou W Penn P L 51 00870 Ind...... 5% 64% 6Bl 100So Kanshs ... 25% 26% 254 4008 0 Ky ......120% 120 ' 120 5008 O Neb riew.. 487 4R% 48% 00 Vacuui % 103 10 Alljed '“k LD . ga & 80 29 Am Gas & EI 83100% 100% 100% 43 Am Pow & Lt 68 99% 001y 99 HAM'P & 1, fa nw 00 % of iy 9 1Am Roll Mill '6s 1084 1031} 103 41 Am Heat 68 wi.. 100 9% 100 12Am W W 6s A _03% 08i 954 T Anaconda @e ... 103" 108 ¢ 103 91'Appal E] Pow Bs 00% 0% 804 11 Asso G E 6 097 18% Do 6 As sim Hdw 0 025 0 0510 108 & OR'R ba. 038 97 1 Beaverboard 9Bty 9 081y 1 Bell T Can_5e A 100% 100% 1005 2 Boston & Me_6a 100 100 100 1Brun Tr & Tlas K71 BT BT o P & 1. L T e it Serv 6s.... D3y 9 314 Serv 6 PRV 35 Cit Serv 7s D.. 10587 105 1058 BCon.G Balt s A1074 10714 10714 1Cons Tex 8s.... 80% B0y RO01, 4Cudahy Blow. " 927 018 p1%) 1 Detroit C G 6. 108% 10033 10614 @ Detroit E 8s 1. 1020 10810 10210 43 Duke P P fs A. 1023, 10215 1033 El Refrig Gs,.. 104 1041 104% Fed Sug s '33. "85 851 851, 0633 061 061y 957 o4m 0ia 02 018 p2 2 y 048, 98 B0 G T&RC 5ls '31 081, 98 08 11 Gr Trink 68l%s. 10015 1003 1001 2Gr 0 Corp 5. 1008 1004 100% 51nd O & Gas 6%a D81 0RLy ORI TInt G N Bs B wi O56% H5 051 IRelth B F 6s A. 007% 90% 00% LIOKeyTC Phls A 86 un\, 81y 7 Kresge Found 6s 100 100 1008 11 Lehigh P 6s A. 048 0430 0434 2 Lig Win r es 78 108 108 101 1 Tone Tel Lt 6s. 1031 103% 1031 18 Loews Inc 6n... 0813 001 01 9 Manito P § o 9 063 1h B fig i 33 Nev Con' Con'bs 04> R312 g 2 Nor Stat P 018 1031% 10334 103 INSPM 6KaC1]114 1115 111 9 Ohlo Pow 58 B. n 08 n 170hio R Ed 6s.. N5% 05 5% JROtia St Gs A0 ORY 0R1) pRAG 78 Pan Am_Pet Gz 1031 102 1031 ]‘T‘ Ohio_Ed 6 A 1021 1021 1 2P P& Bs 5O 00t 001 60 IPnil E Bl%s '47.1071) 10712 1071 TPnE P Blos 731053 10410 1081, BPSN I Rlae wi 00% 09K ofay 9 Pure Ofl Co'ftin 10314 10914 1031} & Rand K Bur 534 1 110y 11017 60 Servel Del fia-. 1 108% 1071 7Sch R Est Ga.. 0B N6, l!f):z D8h R E 68 X.. KR, RR1, KR4 18 Shawsheen 7a 00100 0013 0014 B Slogs Sheff Os. . 11!3‘2 GIIQ 103% 48°Cal A 55 'id 1008 1004 100 58 Cal E Be '81 wi 084, 8 R 10 Southea P & L 6 043 041, 04 5 Southe PEL s nw 95 ° 05 08 " 3 Y d1an. 1063 106% & Co Bs. 7% DTN S oA 100 1047 1035 «. 381 AR gA1 Hav 738118 0 1911 113 0 101 % 101 o1 1101% 101 o1 1101 3’ 101 01 IR ’IH S 101 01 Violy 101 1 ub A6 '10 102 02 2 8"Sm&R 538 101% 101 i Sales in tllh\llnnds.vonn‘oy S f 7Antloqua 7s A..102% 102% 1021 18 Antioaus 7o 8. 930 1078 1034 9 Raden 7u 040 043 043 7 Buenos' Alr 7w i 01l D80 Db 10 Buenos Alr 7s 52 08% oA, N1y i uenos Air 7ie il 1% 25 Brall 6 new wi 00T noT 19 Rer Cy El 144 '2f DR "1 Caldns Tths .70 % 057 28 Cologne 0ls . ANty } G0 Denmark Rien"" D0% DOAL 0oy 24 Furon M & 1 7%s 00 0 m B0 Germn Con Mu 7a 07 0% 07 1‘1 Great Con Fl 8148 871, AAL Ri% 2 c7ien : o3 Jpdt 31 B Finid"7s fns po% Aah 25 Tleeder 8t) 7 084 DAY AL 61 Tralian Pob © RRY /71 RA1, SKrupn Fried L 7a 07 - 048 07 7 Leonh Tie € 71 PR, AR R 4 Man M &S 7s '41 100 0 9 Mor Bk Denm 6= 100% 100 100% w0 B3n . DR DRI, pR v Sania B 7a 938 AN HAN @ Rnine M Danu 7 00 00 9 RoCCBA%s A 92 [ ] 2 SRS G ofa Bl n 148 138 134 18an Falls Bs A.- D1, e ey RSax S M 178 ‘45 07 0gN 07 Sax PW Glis wi 01% 01 % Siem & Ha 78 '28 9N& op o A Qiem & Ha 72 '35 00y 08 nn Thasen T'&'8 74 1008 10014 1001 BTl 18 i1 n s 068 P Westp U EI'6%s 80% 8% 8o% CALL MONEY EASIER. NEW YORK, July 1 (®.—cCall money easier; high, 4%: low, 414; rul- ing rate, 43%; closing bid, 414; offered at 4%; last loan, 4%; time loans steady; mixed collateral, 60-90 day: 4%adl; 4-6 months, 4%; prime mer- cantile paper, 3%ad, . BAR SILVER PRICE. ‘'NEW YORK, July 1 (#).—Bar sil- ver, 66%; Mexican dollars, 503, v ‘| another season of improvement {write one which is. JUNE INSURANCE BUSINESS LARGE Greatest Drive for Life Poli- cies Just Wound Up. Sales Enormous. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, July 1.—The greatest drive for the sale of life insurance in the history of this country has just wound up. Not all the life insurance companies joined in this drive, but agents of those companies which did not were forced to strenuous efforts in order to prevent competitors from taking the business a v from them. The special inducement offered by some companies was the willingness to write additional insurance during the month of June without additional medical examinations for those al- ready holding policies in their con- cern Two decades ago such a proposal would have -been turned down by nearly every careful insurance exe cutive in the country. The risk would have been considered too great. But health protection and the mode of living in the United States have bet- tered to such an extent that such a proposal is no longer regarded aseven verging on the unsafe. ‘Amount Can't Be Determined. The exact amount of new life insur- ance business written in June cannot yet be determined. Policies have been written for a total ranging around a billion and a quarter dollars, but the premiums have not been paid on all these, a step which is necesary to make them effective. In some instances these premiums will not be paid. This ts one of the sore spots of the insurance business. Agents are prone to have policies written on a chance rather than on a definite assurance from the prospect. It costs just double as much in clerical and bookkeeping expense to write a policy which is not_accepted as to In the first case, the policy not only has to be written and entered, but it has to be canceled and removed from the books. It Is sure, however, that more than a bil lion dollars of actual business was written in the last month. There are today, according to insur- ance men here, between 95,000.000 and 100,000,000 life insurance policles in force in a population of approximately 115,000,000 people. These policies as sure to thelr beneficiaries the payment of $70,000,000,000. From these figures it is evident that insurance has be- come a rednsurance business rather than a struggle to convince new prospects of the value of insurance. This applies to fire, accident, theft, weather and other risks as well as life. Agents say that not a little of the new business written is due to the in crease in costs of inheritance taxes, administration costs, burial expenses and doctors’ fees. The public, they say, has commenced to realize to what an extent these factors cut into the volume of an estate. Accident and Liability Policles. The trend toward automobile trans- portation has done wonders for the accident, liability and theft insurance lines. One company has on its books automobile liability and damage in surance totaling more than $17,800,- 000. Greatly increased attention has been given earthquake risks by West- ern insurance interests during the past six months. The Santa Barbara disaster last year wakened by in- surance and business men to the dan- from this source. Under pressure from the banks the “fallen building” clause is being erased from fire poli- cies covering industrial and office structures, This clause relieved in surance companies of responsibility if the bullding were destroved as a re- sult of partial or complete collapse. The word earthquake was not men- tioned, but was understood as the only probable cause. The Western banks are now insisting this clause be elinfinated before mortgage loans are approved. This has increased pre- miums materially. D. C,. THURSDAY, COTTON ADVANCES ONLIGHT OFFERINGS Disposition to Cover Sales on U. S. Report Tomorrow Shown in Trading. By the Assoclated Pross. NEW YORK. July tures opened steady tober, 16. 15.9° 1.—Cotton July, 17. December, 16.20; Ja 2 March, 16.16. The market was today at a decline of 1 to 5 points un- der further liquidation inspired by continued favorable weather and crop fu- advices. Offerings were lighter than | resterday, however, and the opening tone was steady, prices later showing moderate rallies on covering. July sold up from 17.82 to 17.9 December from 16.19 to 16.31 before the end of the first hour, net advanc of about 4 to 9 points on active months. The early action of the market w regarded as indicating that the specu- lative long interest had been fairly well liquidated on the decline of the previous day, and thut there was a disposition to cover recent sales in advance of the Government crop re. port tomorrow. New Orleans Quotations. NEW ORLEANS, July 1 (P).—Cot ton futures opened steady. January, 15.81; March, 15.84; July, 17.15 bid; October, 16.00; December, 15 The market was st 3 sympathy with better cables than due, firmt trades showing ns of on October and no gain on Deces Prices eased off in the early trading on the good weathe trading to 15.95 and December 84, or 3 to 4 points under yester day’s close. Later in the first hour -5 rallied on short covering in ad in I vance of the Government report and | the triple hollday at the end of the week, October advancing to 16 and December to 15.91. | Covering continued in the forenoon and prices worked up to 18.00 for July | *" | ing s | n the beit, Oc. | JULY 1, 1926. ¢ and 16.35 for December, net advances of about 12 to 16 points on active months, There was a little more rea- lizing or liquidation at these figures, and prices reacted 5 or 6 points from the best, with the market quiet and comparatively steady at midday. CLEARINGS OF BALTIMORE BANKS EXCEED RECORD Total for Half Year $3,014,192,- 181.49, Against $2,742,870,916.- 86 in 1925, Previous High. BALTIMORE, July 1.—Local bank clearings for the first half of 1926 were larger than for any correspond- ing period in the history of the Clear- House Assoclation, it was re ed by figures made public today The total was $3,014,192,181.49, 1 against 742,870,916.86 in 192: best previous vear. ‘Phe gain in 1926 was $271,321,264.62. Clearings in June were the largest of any month thus far this vea ing $364,032,119.08, against $5 £92.13 for June, 1925, an increase of 1539,104,125.87. | here is no more reliable barometer »f business than bank clearings. The |record volume in 1926, therefore, | would secm to indicate that trade in ve; | the Baltimore district during the first | halt of the year was substantlally wrger than a year ago despite the dullness prevailing in a few lines and the curtailment of the operations in others due to_the prolonged cool & PsYCHOLOGY yOF THE 1 point | nber. | A 93 page cloth bound book written by a leading financial authority. | Contains many sclentific facts of 1 great value to you, as an investor, [{I Erader'or Sasiocss man- Compl: ntary copy furnie while limited sunply lasts | Ask for 8. 512 Richard D. Wyckoff Asalytical Stalf, Inc. | |§ 42 Broadway New York | od ECONOMIES PRACTICED. NEW YORK, July 1 (®.—A report 1 sent to stockholders of Continen Baking Corporation by G. G. Barber, chairman, shows net profits of $3,296, 267 for the 25 weeks ended June 19, against $3,507,246 for the correspond- ing period last year. This was a complished, the report said, through operating economies, although creased flour costs absorbed over $90° 000, enabling the company to main- ‘ tain its level of profits without in- creasing the average price of its prod ucts. Sales in the period increased $1,422,391 over a year ago. We Buy &-Sell Unlisted Stocks &Bonds | dences, BO3 Ready Money to Loans on Real Estate —such as apartment buildings, business properties and resi- arranged promptly. Also refinancing of loans ex- piring, probably at lower rates. S EEPHE| FOUNDED 1907 1417 K Street—Main 9300 REAL ESTATE LOANS ANY AMOUNT APARTMENT HOUS BUSINESS PROPERTY RESIDENCE LOANS AT LOW RATES FRED T. NESBIT Loan In Any Amount on 1st—2nd—3rd Trusts We provide suitable and satls- factory solutions for your finan- clal problems. Immediate deci- sions and settlements. You will find our charges tne lowest. Realty Loan Co. 1417 F St. NW.—M. 9411 Open Evenings PS THE : FIELDS WAY — \Y CASH AND JAVE HALF What Have You On for the 4th? Fields Will Help You Celebrate Fire and automobile collision rates in some sectlons are being sharply re- duced. This is due to better municipal fire protection and careful driving, which in some districts has reduced accidents 15 to 20 per cent. WILL MAKE AUTOS. Australian Firms to Manufacture Six for That Country. SYD Australla, July 1 (P).— Four large engineering and electrical equipment manufacturing firms in New South Wales are planning to form a company capltalized at £1,000,000 to produce Australian- made motor cars. They intend to build a six-cylinder type car suited for Australian condi- tions and apply in its manufacture the mass production system. Repre- sentatives of these firms have ap- proached the Australian government with the suggestion of a_ subsidy to ald the new industry. The minister of trade and customs promised that any reasonable recommendations would be sympathetically considered by tite cabinet. g Australia is the largest importer of American automobiles. GOOD FARM YEAR. Season of Improvement Is Seen by Department of Agriculture. “This year may well prove to }‘m n agricultural conditions,” the Depart- ment of Agriculture announced today in its July report on the farmy situa- tion. “The stage is set for strong hog prices well into next vear, prospects for wheat growing are moderately good, cattle are ‘coming back’ in the West and the dairy industry is pick- ing up in the tast.” Cotton, corn, potatoes, and even | wheat, are largely a speculation at this date, the department said, be- cause of backward weather. Abun- dant fruit crops were declared in prospect, with hay apparently a short crop, except in_the Far West, and low* stocks of old hay. OOTT‘ON GO0DS ACTIVE. NEW YORK, July 1 (Special).— The cotton goods market was fairly active today at unchanged price lev- els. Print cloths were quoted at 71 for 64x60s and 8 for 68x72s. The raw silk market was quiet. - GERMAN BONDS AND STOCKS. (Quoted in dollars ver milliog marke) | 014-18. 1025.00 1075.00 e fxi{ {900 i-s\'ho:-‘fi;goml.— 200 e en zg'g‘c '$34% pe. 2200 2 §:r“um‘; Bie rlin 5. 3 mbe-Aierl pre-war. 48 pre-war.. s Bran Nunich 4y pre war. adische _Ani E G lin . (Ger fmo % SR resdner Banl stiedicr” B T armst. S B ercur Hersen S in Style and Comfort--- methods Mohair Linens For Dress Occasions Always correct, a Fields true-blue serge—and dressy for all occasions—extra smart when worn with a pair of our whiteé flannels. All Alterations Free 4th and New York Ave. N. 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