Evening Star Newspaper, July 24, 1926, Page 25

FINANCIAL, WEATHER AFFECTS . TOMATO MARKET Berries Also Higher Because of Damage by Heat—Po- tatoes Plentiful. ¥iffects of the hot weather were re- flected in the local market yesterday and teday, tomatoes and blackberries being the chief products affected. To- | matoes, quoted and §2 bushel Thursday. terday and t found buyers eager the advanced price. Blackberries, sold at $4.3 Thursday, this morning brous and §6, the wild berries $2.50 and $3. Huckleberr from nearby and distant pl tinued plentitul at $6 and crate. Potatoes continue _plentiful, sup- plies coming from North Carolina, Virginia and Maryland, nearby grow- ers also contributing large quantities. Prices ranged from $4 for top quality to $2.50 for ungraded stock. Plentiful supplies of cabbage, string beans and cymlings are in market and prices gre reported at figures considered by dealers as Cymlings are so plentiful, dealers re part, that almost any offer for them is accepted. Melon Receipts Heavy. Receipts of watermelons continue 2 rices are in the descend- and South Carolina ng most of the sup. no more melons Florida, the crop at $1.50 went and to get a to rducers them at P or; growers furnishi plies. | Practically are coming from there being about exhausted. Dealers are in receipt of shipments of cantaloupes. They coming chiefly from Arizona, Ca fornia and North Carolina, and Vir ginia and Maryland soon will their fruit in the local market LIAM F. HEFFERNAN. NEW YORK, July 24.—The closing session of the week on the Curb Ex- change was ene of the dullest two- hour periods in many months, This was due in large part to the very small attendance on the floor and the absence of the trading element which ordinarily is responsible for 2 gopd | provortion of the volume of bisiness. The dullness was emphasized by the comparatively long intervals between rded on the ticker. es as a group moved over W range, but were receiving upport than on the preceding Prairie Pipe Line, Imperial of | Sales in cheap. | liberal | m‘e" have | Reductions in_poultry pri reported during the past few da exg prices also unde, duction. Butter about stationary, the market reported as being slightly firmer near the close of the week. Slight ebanges in meat prices were reported during the week, dealers reporting a demand that made the market continue draggy. Early closing of the departments and allday closing of some of the larger stores caused retailers to seek supplies early this morning, many be- | ing in evidence on the wholesale line | Business was fairly | hefore sunrise. brisk, dealers stated, weather conditions and ab the city of thousands of p their vaeations. Today's Whelesale Prices, Fancy, 1-pound prints, 46: store-pack resh selected, considering ence from 46a 30: hennery, | ; Spring broilers fowls, young, 80: old, broilers, old 40a50. Live stock—( dium, 9; medinm, 131 13a14. | Meats—Beef, 17a18; lambs, 30; veal, 15: dressed pork. heavy, 19; pork Ioins, hams, 32a34; shoulders, 24a25: fresh hams, 32a34; fresh shoulders, Fruit and Vegetable Review. | Today's market report on fruits and | vegetables. (Compiled by the Market News Service Bureau of Agricultural FEeconomics.) Apples—Supplies mand very slow rket few sales stablish market Supplies lber market dull; salmon . standards, 2.50a3.00: ordinary quali 004 immhu%. 43s, best, 3.00! ordinary qual Ly, 75a1.00: ordinary Carolina, green mears, and 45s, best very 4 . 50, andards, 36s Lett ow, market dull: erates Big Boston 5 | Onions—Supplies moderate; demand slow, market dull: Texas. standard erates Yellow Bermudas. U1 8. No. 1, 2.00: Virginia, East bushel hampers, Yellows, U. . 1.00a Supplies liberal: demand market dull; Georgia, bushel medium to large size, : wasty, 1:2521.50: fs, Flbertas, large size, 1.75a2.00; few | Potato Market Steady. Potatoes—Supplies moderate; de. mand moderate, market steady; North | Carglina and Virginia, Bast Shore, cloth-top stave and slat barrels. Cobblers, 1. S. 1, 3.50; slightly | | Watermelons—Supplies liberal: de- mand moderate, market slightly | stronger; carlot sales, Georgia and | South Caro bulk per car Tom Watson: pound average, a | - 30-32 pound average, 325, Excells, 1144 pound average. bulk per 100 melons Tom Watson 32 pound v 20.00a50.00; inferior stock, 5.00, Corp-—-Supplies light: demand mod- evate, (market dull; North Carolina, , 1.00a1.50. Cuogmbers—Supplies liberal; de- mand slow, market weak: Virginia and North Carolina, bushel hampers, | fancy, 1.00 4 | Pens—Supplies” moderate: demand light, market steady: New York, hushel baskets, Telephones, best, 2.00 2.25; poorer, 1.50a1 Tima Beans -Supplies mand slow, market dull: bushel hampers, quality, 1.00. MIDWEST MAY HAVE AIR PASSENGER LINES Air Transport, Inc.. and Ford Com- pany Reported Ambitious to Start Service. By the Associated Press. CHICAGO, July 24.—Both the National Air Transport, Inc., and the Ford Motor Co. are ambitious to put airplanes in passenger, mail and ex- press service on a number of routes in the United States. said a statement from the former company today. The eight-passenger plane recently ordered by the National Air Transport from the Ford Interests for experi- mental purposes has not yet been de- livered. ““Ihis atrplane,” said the statement, “represents the latest development in safe, fast air travel and soon will pass over the air mail route operated by the Nutional Air Transport, Inc., in a series of experimental flights, start- ing from Chicago to Dallas, with stops’ At Davenport, lowa, St. Joseph, Mo.; Kansas City, Wichita, Kans.; Okla: homa City, and Fort Worth, Tex. liberal; de- h and 1.50 Climbs 9,000 Feet (n;Votc. REDDING, Calif., July 24 (#).—As a eandidate for district attorney A. F, Ross at least is energetic, He climbed a_9,000-foot: mountain in the interest af his candidacy, only to learn that went a slight re- | remained sons on | the single resident there wouldn't leave his post td.vote, ] Canada and Standard of New York, INDUSTRIALS High 04 3 4% 0 % kS hundreds. TAm Gas & BI 1 Am Gas & EI pid A Am L & Trac.. Am Ravon Prod. e woamt, =332%22. S 7 3= T SmiaBo PPN ot~ 3 AR .,._ CRrr FEPEOREE & ) g 1 Purity Bak A 1 Rand K Bur n 3Reo Mot. . », wp Rad Vi Todd Ship, Uni Ris Unt G Imp C. 1 Tonopah Ext... . . 1Utah Apex. ... INDEPENDENT OIL dreds a Sales in hune 1 Am Maracaibo Co SERSEs & B SEFRE 1 Columbi; 47 Creole Synd .. .. A Crown Cent Pete 13 Euelid Oil Co. .. T4 0il Cor i P " NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office THE EVEN NG STAR., WASHINGTON, D. €. SATURDAY, JULY 24. 1926 were unchanged most of the session and this was typlical of what was go- ing on in other prominent issues. Fur- ther liquidation made itself felt in the market for Mexican Panuco and Carib Syndicate, but this was a natural re- action foilowing the recent attempt to bring about higher prices for these stocks. American Rason Products and Standard Publishers, class "A" were readily offered whenever bids made their appearance, but there wes no pronounced weakness. Motor shares were under pressure, notably Durant, Yellow Taxi and Stutz Motors. Federal Motor Truck was an exception, getting up more than a half point. 16 Mex Panuco . & Monnt Prod 4 4 $ i 82 it 26 4 Wilcox 0 & 0 il ... 8 1 G STANDARD OIL 1SSUES. Salea i units, 50 Buckeve P 300 Continen Oil 200 100 Crescent P 1 17 60 Cumberiand P 108% 200 Humble Ol & 801 300 Imp O of € new as ! 00 Inter Pet C 1. 100 Ohiv_ OI 50 Prairie P 126 1500 South Penn 0il n 300 8 0 Ind I 3ln i BONDS. " El 65,101 % 17 Ain Pw & Lt 68 0% 4 P& L 6sn, 998 BAm W W s A 95 5 Anaconda _8; 5 Appal E §Amo G & E 6 Gas & TR ERETEE SSEESTRISRREEIE TR se323E0e Tue arosorst FEEE REERSSEESS Lo 20! % 11 1 106 4 Ru ster les FOREIGN BON thousands. R Antioqua 7 941l 14 Buenos ‘A 7s ‘36 99 0815 0T | H & H C 8n & W 30 Thy 0 Un S 0 RS Wke B 61x Westy U El Glgx 8 RBY STUART P. WEST. Special Dispatch to The Star, NEW YORK, July 24.—A generaily sagging market on the Stock Ex- change during the last week Fas heen the result of inside, rather than out- side, canses. A good deal was made at one time of the collapse In the French franc, as If it were an impor- tant Influence. But Wall Street in its operations of the last three years has never really been affected by condi- tions abroad. It simply was a colncl- dence that francs broke to a record low of 1.93% cents at the time when the market for other reasons was go- ing down. During the latter part of May, pret- ty much the whole menth of June and the first week or so of July ef- forts were made to stir up a general campaign for the rise. These efforts were concentrated upon a few stocks, notably General Motors and United States Steel. The appeal to the out- side public did not succeed. Profes- signal traders found that they were selling to one another, and that little or no spontaneous buying was coming into the general list. Investment Situation Unchanged. This discovery produced a change in sentiment, turned the habitual trading element to the selling side. Accord- ingly stocks came down quite sharply where there had previously been a considerable advance. In cases where the rise had been small the subse- quent reaction was small. In a word, the market of the last month has dis- played no great inclination to ‘move either way. It has not followed the big stock up, and It has not developed weakness when the leaders were dropping. vestment conditions have con- tinued about the same. When time money had its advance in the early part of the month, a definite check was given to the higher grade bonds. They have not sold off much but the changé has come in the shape of 2 cessation of the buying. The opinion on the part of institutions and trust tund managers is that these firet rank bonds have seen their high prices. that they overdiscounted the easy money conditions, and that now \while money rates may not go higher, there is no likelihdod of their coming down. Hence, the investment demand has directed itself more to Govern- ment and short term issues. Frane's Weakness Adwitted. The curious ' feature about the break In the French franc is that everybody Is now admitting the wenknesses in the French financial situation, whereas three and four years ago many maintained that “bear manipulation” was what was putting down the franc. The inter- national financial community toward the close of the week was inclined to take a somewhat more hopeful view regarding the new coalition govern- ment and what it might be able to accomplish. But in the meantime the French paper note circulation, as shown in the latest figure: the Bank of Fran continues toV¥expand. legal t fixed cember : INSIDE FACTORS ARE THE CAUSE ks ““" Fall of Franc at Time When Shares Are Weak Only | | The ¢ for advances by the bank to the state has almost been reached. | Use of the remaining $25,000.000 of the Morgan loan of 1924 is one last | expedient which cannot possibly carry | far. 'The new government will have to | demonstrate what its predecessors had | failed to demonstrate, namelyt a cour- | age (o tell the French public the facts and make it reconciled to the idea of sacrifice. Only when this happens and when a new fiscal program is drawn up which will balance the budget and take care of the American war debt, will there be any prospect of better- ment. 1f this is not done, then France faces the same situation as Germany three vears ago—worthlessness of the pres- ent paper currency and repudiation, in part or in whole, of the internal debt. Business Gains Shown. The business reports at the week end have not fitted in with the action of the stock market. There appears to be an unusually large volume of business in certain lines. At the same | time commodity prices have improved, the Dun's list showing a total of 35 advances as against 29 declines. Wall Street, however, is walting to see whether this trade expansion will be followed up. The Government report on cotton indicated a crop of 15,368,000 bales, | almost as high as last year, and with- | in 700,000 bales of the big harvest of 1925. Under these circumstances the difficulty of maintaining any lasting recovery in the price of the cotton staple is easy to understand. Under the worst possible conditions between now and harvest, ‘the Department of Agriculture reckons an out-turn of 13,476,000 bales. Under favorable con- ditions it puts the possible total at 16,628,000 bales H. A. Moody, Financier, Dies, NEW YORK, July 24 (#).—Harry Anson Moody, financier and former vice president of the F. W. Weol worth Co., died in his suite at the Hotel Biltmore yesterday of heart fallure superinduced by the heat. He was 68 years old. A Charges Misuse of Trade Name. Application for an injunction ha been filed in the District Sunl‘!m: Court by the Sanitary Grocery Co., Inc., against Oscar Dis grocer and meat dealer at 446 Rhode Island avenue, The company seeks to pre- vent the use by Diskin of the title “Sanitary Meat Market” and ‘o stop the use of a color scheme for the front of his store similar to that used by the company. Attorney M, D. Rosenberg appears for the Sanitary Grocery Co. . - B (SR CRo] DIVIDENDS. E $0ien ot B ol ~tapho) Corp. — . Do. = 284 | volume of busin ! is counterbalanced by th IRETAIL BUSINESS | HASGO0D OUTLOOK Weather Has Been Dominat- ing Factor in Trade in Past Few Days. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, July 24.—The weather has been a dominating factor in busi- industry and trade in the last few days. Terrific heat waves, spread- ing over wide areas, undoubtedly have affected Industrial production and ac- tivity in many lines. On the other hand, they have stimulated the sale of seasonal goods. Retall trade, that backbone of the business structure, not only has heen good, but the outlook for its future in the next three months is bright. Chain store and department store or- ganizations are making preparations to expand sales in even larger ratio, as compared with last year, than ob- tained in the last three months. KFoot- wear and:apparel sales are mounting steadily and the volume of bathing suit distribution in the last week was tremendous. Prices in general are stable, and while selling costs have mounted somewhat, profits are better than a year ago. Ice Companies Benefit. None benefited to a greater extent from the heat wave than the ice and frigeration companies. New York ty ice consumption ran up above 70,000,000 pounds a day. Officials of the American Ice Co., which makes, uts and distributes ice from Washing- ton, D. C., to Maine, state that people are using more ice per person this Summer than ever before. No short- age developed, but it was necessary in some areas to draw on storage sup- plies, Electric and refrigeration is actively employed. Sales of electric refrigerators advanced sharply, while use of current for refrigeration be- came a noticeable current load factor. It is estimated that over 150,000 elec- tric and gas refrigerators have been sold %o far this year. It is probable that this has had something to do with the strength of the nonferrous metais, especially copper. Stocks of copper are sufficient only for about half a month’s supply, but production is going on at a rapid pace. The radio business is running at a higher rate than a vear ago. with specially sharp gains in parts and ac- cessories sales. It {s belleved the s next Fall will be exceedingly heav; Automobile production is falling off at some factories, as is usually ex- pected at this time of year, but others are doing a remarkable business and the industry seems more and more to be passing Into fewer and stronger ands, Steel operations ure continu- at surprisingly high levels in the veland, Mahoning Valley and Chi- tricts, und in most districts lules call for heavier production thun during any summer since the w. Cal d Goods Production. Tin plate has been aided by growing size of canned goods duction. In California, output this season ix expected to exceed the record production of 24,000,000 cases in 1925. Two hundred cars of fruit are moving dally to canneries in the San Francisco and peninsular region alone. Actual construction econtracts are running about $2,000,000 a week high- er than at this time in 1925. This has stimulated lumber sales, orders and production, but has not served to _raise lumber prices. Railroad freight movements are ex tremely heavy, and owing to the con- gested lines farmers in the Southwest have checked wheat harvesting oper- ations. Crews have been laid off tem- por all through Texas, bul this stutement that 53,000 American harvest hands will be required to gather the Cana- jan wheat crop, ‘he Government cotton report did little to stabllize the market for the raw staple or for textiles in view of the fact that much uncertainty existed as to the “pars” on which the Federal' figures were based. the pro- = 'VIRGINIA GOVERNOR MAKES TRIP BY AIR Byrd Combines Business and Pleas- ure, Emulating Brother, Pole Conqueror. By the Associated Press. NORFOLK, Va., July 24.—Gov. Byrd, not to be outdone by his brother, who flew to the North Pole, yesterday became an aviation enthusiast after his first flight, a hop of 55 minutes from hmond to Camp Harry Flood Byrd, Virginia Beach. He was delight- ed with the trip, and as a further ex- periment, combining business and pleasure, he later flew from the vamp to_Washington. ‘When Gov. Byrd, after reviewing the parade of the 91st Brigade, Vir- ginia National Guard, under command of Brig. Gen. Samuel G." Waller, was ready to start his trip to Washington he was presented a facetious order, ordering him and his pilot to make a trip over the South Pole. Capt. F. E. Galloway, operation of- ficer at Langley Field, who piloted Gov. Byrd, declared the chief execu- tive “took the air like a veteran and looked with interest out of the plane upon the Old Dominion from a point of view never before attained by any of its governors. “If my brother could fly over the North™ Pole,” Gov. Byrd said in an- swering a question, “I think it would hardly be consistent for me to be timid about flylng from Richmond to the camp. It's fine and I enjoyed the trip and the scenery very much., And the trip is so much quicker and nearer by afr than it is by automobile, and so much cleaner. bt e SCORES PENNSY'S CHARGE PLAN ON OIL SHIPMENTS Seaboard Midland Petroleum Ce. Alleges Discrimination Against It in Baltimore Section. Special Dispatch to The Star. . BALTIMORE, Jul; 24—A com- plaint against the freight charging system employed - by the Pennsyl- vania Railroad on oil shipments about Baltimore has been filed wth the pub- lic service commission by the Sea- board Midland_Petroleum Corporation. ‘The oll company alleged discrimina- tion agalnst it and requested the com- mission to require the rallroad to re- duce rates and render barge service for carload shipments, Freight rate reductions of a similar nature were asked last year by a group of oil companies operating in this vicinity, " A decision in the case still is pending, and representatives of the commission say that additional | testimony probably will be taken be- fore a decision can be reached. s AT R L One should“hever put one's worship into words, v i3 i EVERYMAN’S INVESTMENTS BY GEORGE T. HUGHES, Foreign Defaults Uncommon. Granted that sound Investment practice requires that only a com paratively small proportion of one's funds he ploced in foreign securitles, the question arises what is the proper percentage to be employd in that manner. Authorities differ on this matter, but perhaps 20 per cent would be regarded as conservative, Some would regard this as too liberal, but they are probably over cautious. As far as foreign government honds are concrned defaults are uncommon. They have happened and it is almos# certain that they will occur again, | but a government Is. or most of them are, in chronfc need of money and 1f it does mot keep its pledged word | vith old borrowers it is unable to’| secure additlonal credit with new. | The Furopean nations had this fact | brought forcibly to their attention | when they ran up against the policy | of the United States to discourage | loans to countries which had not | funded their war-time obligations to | America. | So it takes an extraordinary com- | bination of clrcumstances to force a government even to defer {nterext payments on its bonded indebted- ness. Probably the most notorious instance of failure in this respect in modern {imes was that of Russia. | but revolutions such as overthr | the Czar do not take place except, at long intervals, Minor political up- sets (0 not necessarily mean any interruption in bond service for the same reason already alluded to, name- if the old debt is not cared | ew one cannot be incurred. | The record of the foreign dolla loans, which were floated in this country In the past 10 years is re markably - clean and reassuring. ve been wide swings in the | et price of these foreign issues, | holders have continued to col- | lect interest semi-annually in pr tically every ease. There is risk in | many of these high yielding foreign | government bonds, but with a good | many of them the risk is over esti- mated in the market quotation. Nor is there any need of the investor | who has only a small capital assum- | ing the larger of these ris He need not go to extremes. but l tiremes.” " IMEXICAN RAILMEN DROP STRIKE ORDER Government Promi tice Done if General Walk- out Is Averted. | By the Associated Press. M 1CO CITY, July 24—Official notice withdrawing the general rail- way strike order was issued.late yes- | terday by the Confederation of Rall- road Unions. The calling off of ‘h!“ strike, which had been threatened for | wday, is believed to have been largely due to the intervention of President Calles, Earlier in the day the federal gov- ernment had issued an edict that sus- | pension of railway service would be considered illegal. { The order from the Confederation of Rallroad Unions also instructs the striking raflroadmen on the Isthmus of Tehuantepec, which local strike caused the threat of the g neral strike, to return to work. The order was fssued after a series of tonfer- ences attended by railroad union lead- ers, Secretary of Commerce and In- dustry Morones and President Calles. Tt was promised that if the strike | order was rescinded the department of labor, which had declared the Te- huantepec strike illegal, would give | new and careful consideration to the | demands of the workmen t the di-"| vision superintendent the workers dis- liked would be dismissed, and that the department would see that “wnple | Jjustice be done.” The rallroad unions consider this a moral victory. It is understood the | unions also were influenced consid- erably by the government's argument that a general strike would do the | country great economic harm. DE ZEUW TRIAL ENDS. Court Adjo:rns C:ot Accused Coast Guardsmen. SAN PEDRO, Calif., July 24 (P).— The general court-martial trying Boatswain John de Zeuw and six members of the Coast Guard patrol (G-259 on charges of eonduct detri- | mental to the service, adjourned late vesterday without announcing a ver- dict. Under naval procedure, an an- | | nouncement usually is made only when the verdict is acquittal. It was alleged that the coast guardsmen falsified the log of their vessel and | failed to account for liquor confis- cated by them. © BY | Government | around 17.50 for October last night, | scattered COTTON ADVANCES | ON WEATHER NEWS Scattered Showers Send Price Upward—Volume of Business is Large. KORGE DEWITT MOULSON. Special Dispatch to The Star. NE YORK, July tered showers again repor the river and at points in Georgla and South Carolina, a sharp advance oc- curred in cotton again today. After recovering a quart following the decline on report, and closing prices opened up 10 points and within half an hour had advanced into new high territory for the movement. October sold above 17%, and after ab- sorbing the cotton heretofore for sale on a basis of 17%, all three active near positions, October, December and Ja , sold on a basis of 17%. he volume of business was the largest in some time and reflected n increasing degree of nervousness | over the progress of the crop in the great producing sections of the Southwest. Action of the market indicated that the trade was at last disposed to attach more importance to evidence from the plant itseif than to hypothetical theories of the porting board in Washing- ton. Though the department esti- mated the indicated yield at 15,368, 000, private reports Indicate disap- pointing fruitage up to date. After cutting the yield figure about 750,000 bales from June 25 to July i5 last vear, kept estimates down all through 2 gust and September and*then raised them perpendicularly neatly 2.000,000 bales. Reliable private® estimates were for 14,250,000 to 14,500,000 and weekly weather bulleting showed absence of insect damage. The de- partmeni, however, failed to come out frankly last year and confssed the par figures being used were those for weevil vears. Tredictions of fair w homa and Texas over realizing just ose and a setback of 10 to ther in Okla points. ton was in demand in final trad- ing with the tone nervous. Spots 2 up 12.10, NEW ORLEANS, July 24 P .— The cotton market had a firm opening in sympathy with good cables and’ due to reports of ghowers in the | belt and uneasiness over the tropical; storm now reported mov north- tward. rst trades showed gains of 11 to nd the mark n- tinued to adv: during the hour until October traded to 17.70. cem t H and January to or points above the close of esterd: Should the tropical storm move into the Gulf of Mexico it would! bring widesp d rain which would be a bullish argument as the crop bad! needs hard, dry weather. New Orleans cotton futures closed steady | | at’a net advance of 15 to 36 points. Low July 1R50 ober mber January Mar WE FINANCE —al" classes of Income-producing property Large Loans a Specialty Current int. rate and commiasion Higbie & Richardson, Inc. 816 15th St. N.W. Real Estate Loans Business Properties 5 1 /2 Apartment Houses Long Term Loans on Dwellings Low Interest Rates The Capital. Realty Co., Inc. Insurance Illa..":ll;!;‘ and Eye N. Financial Sales Manager WANTED To diract the distribution and eale of A large stock and bond issue of an eetablished firm. Must axperi- enced and have good reputation. Give detailed aualifications in_letter. Address Box 302.3. Star Office the department | Small House Market I _you have all house to SEL o Tih to BUY—for quick service con- sul Frank A. Gibbons Realtor Expert Appraisement of Small Property Mortgage Loans Insurance 308 Insurance Bldg. Main 218 CHICAGO LIVE STOCK MARKET | CHICAGO, July 24 (United States | Department of Agriculture).—Hogs— | Receipts. 2,000 head: market generally steady -to 10 higher than yesterday's | average; bulk. 210 pounds down. 13.60213.85; most desirable butchers averaging 240 to 300 pounds, 12.40a | 15.00: few packing sows to shippers upward to 10.75; odd lots pigs, 13.75a | 13.85; shippers, 1,200; estimated hold- over, 2,000, heavyweight hogs, 12.00a 13.10; medium, 12.50a13.75; light 13.10a13.85; lght light, 13.10a13.8 packing sows, 9.90a11.00; slaughter | pigs, 13.25813.85. Cattle — Receipts, 1,000 compared | with week ugo: all grades weighty steers weak without reliable outlet at season’s low levels; vearlings ac-| tive, 25 to 35 higher: grass steer: heavies excepted, steady to strong; with stockers and feeders strong to 25 higher; better grades sharing a extreme top heavies, early, | .60; hest, at close, 10.25; blg welght on peddling basis at 9.25a9.75: best yearlings, mixed steers and heifers, 65: grass and grain fat cows 25 up: butcher helfers 25 to 50 higher: all cutters 15 to 25 lower: bulls 25 higher: vealers largely 75 higher. Sheep—Receipts, 6,000; ~generally | odd lots fat native lambs, | mostly 14.25: cull natives, 11.00: 116- pound fed Montana wethers, 9.00; for 9,000 direct and 97 doubles from feed- ing stations; far lambs 50 to 75 higher: culls mostly 50 higher: sheep and yearlings ~ strong: feeding lambs | around 25 higher; week's top fat grange lambs, 15.15: native lambs, 14.75; fat yearling wethers, 12.00; fat ewes, 7.00; feeding lambs, 14.00: bulk fat Western lambs, 14.40a15.00;, na- tives, 13.75a14.25: cull natives, 11.00 | all.50; fat ewes, 5.00a7.00; feeder lambs, 13.30a14.00. Gl Ul Your Banker, Knows. When in doubt about a security consult your banker. It is equally as much his interest as your to protect your savings. You trugt him with deposits—why not trust him m vonr (nve-tm!n! problems? [ REAL ESTATE LOANS ANY AMOUNT APARTMENT HOUSES BUSINESS PROPERTY RESIDENCE LOANS AT LOW RATES - FRED T. 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