Evening Star Newspaper, August 25, 1926, Page 25

q MEATS IN DEMAND IN GENTER MARKET Lower Temperatures of Past Few Days Bring About i Heavier Sales. Lower temperatures the past fm-Qm_ days have resulted in increased activ- 11y in the meat market. heated period the very great and retailers were afraid | Plctures, which was moving forward During the | sympathetically with the A shares on demand was not | the stock exchange. FINANCIAL. Received by Private Wire BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. | NEW YORK, August proceeded cautiously on the Curb Ex- 25.—Trading change today. Operations for the rise in a few selected industrials were intermingled with further selling in many other directions. Tt was evident from the action of the main body of stocks that the mar- ket had reached the stage where the speculative element was exercising caution in making new commitments either w; The outstanding feature was the eat strength of Warner Brothera At 40 the price | was at a new high for the year. and i compared with last night's final of to take on heavy suppiies because! 323" Some time ago the company of danger of losscs. A different con- | offered for public inspection its new Qition has prevgiled the past fow | Siaphone product. The success with aye however. Md thers is a gairly | Which this new development has been | good demand for meats | meeting is expected to result in great- | A slight advance in the price of Iv increased earninges for Warner | veal is the only change in prices of | Brothers, and this was what upma!‘cd; meats reported this week. Packing | ¢ e back of the buying. i houses made only small shipments | ing Company shares raliied during the excessively hot weather, | SHENty under leadershin of Contl- BT e e mve” inereased | the | Mental Baking clasa A. which was up past few i E— . Sloppy weather and early closing | NEW YORK. .agust 25.—Following | made a short selling perlod today.: 8 an offictal ' » .7 bonds and stocks There were ample supplies of fruits and vegetables on hand, and peaches, not so plentiful earlier in the week. were more plentiful and cheaper. Dealers report some of the Virginia peaches as being slightly under size possibly bhecause of the hot weather, but what they lack in size, ft i stated. is made up In quality. Prices | of mast commadities this morning were substantially the sime as those reported the close of yvesterday's market Today’s Wholesale Prices. Butte, ney, 1-pound prinis, tuh. 45 store packed. 30 Lggs—Fresh selected current, 30 . alive—Turkeys. 133: White Leghorns 26a27: reosters, 22; du young. 20. old, 15 keats, vouns, 80: old, 35240. Dressed—Turkevs, broilers. 35a10: keats. young, 9 old. 40a50. Live stock—Calves, 162 45 hennery, P Spring 25a 26. fowls, choice, 13: me. dfum. 11a12: thin, 7a8: lamb, 13 Mea esh hams, 30a32; shoul ders, Toins, 31a34: beef, 16al7; veal, lambs, 25230 Fruit and Vegetable Review. Today's market report on fruits and vegetables (compiled by the' Market News Service Bureau of Agricultural Lconomics) savs Apples—Supplies moderate: demand moderate, market steady: bushel baskets, Maryland and Virginia, vari ous varietles, medium to large size mostly around 1.00; few high as 1. small size, 50a75: boxes, Washington. Winter Bananas, medium to large size, 2.85. Cantaloupes upplies moderate demand _moderate, market about steady; Maryland, East Shore and Delaware, Salmon Tints_and Pink Meats, standards, 36s, 1.75; jumbos, 868, 1.75a2.00: mostly 2.00: flats, all sizes. mostly 65a75: few low as 50: Colorado, Pink Meats 128, 86a1.00: mostly 1. standard flats 0. Grapes—Supplies light: demand Nmited, market steady: (alifornia, crates, Flame Toka. 50, Lettuce—Supplies moderate; demand moderate, market steady: New York, 2-doz. crates, Big Boston type, fair quality and condition, 1.50a1.75; Colorado, crates, Iceberg type, 5-dc 4.50a4.7 Onions—Supplies moderate: demand light. market steady: Massachusetts and Ohlo, 10-pound sacks. Yellows, U. R. No. 1, best, mostly 0, some fair condition. 2.00a2.25 Peaches—Elbertas. supplies liberal demand moderate. market steady; Vir- ginia. bushel baskets, large to Ve large size, 2.50a2.75; medium size, few, : few condition low ize: fair 1.50. sixes, medium to large A2.50: Belles, supplies heavy: moderate: market slightly weake: a 2.00 demand Vir- ginla, Maryland and Pennsylvania, bushel baskets, medium to large size, 1.00a1.50; few Virginla sixes. Belles, very large sizes, 2.00; Virginia, bushel n«k'ts, Hileys, medium to large size, .80, Potato Market Steady. Potatoes—Supplies light; demand Nght. market fairly steady; New Jer. sey rs, 078 No. 1. Sweet Supplies light: de mand moderate, market steady: North Carolina, cloth-top st ols, vel ve lows. No. 1. 7.00a Watermelons — Supplies moderate: | demand very light account weather, market dull: no sales reported Corn—Supplies liberal: demand moderate, market steady: homegrown, sacked. per dozen. sugar corn, 10a2i mostly 15a20. Peas—No sales reported Cucumbers—Too few sales to estab. Ush market. USE MORE ELECTRICITY. NEW YORK. Aux P fnereasing use of electricity trial operations he integration of public utilit are outstand the electrs and plani ing developments in power field, says the National Bank of Commerce 1 New York. Sixty per cent of Amercan indus Already is manu etur to electrified | Capital Traction 5s—$500-at 1001, | Washington Gas s | Caital [RUIEN in indus. 1 3 Am | 3&m | 1 Penn Bak A " i 1 Stromb Carla Tel i Washington Stock Exchange; traded in on ket today Salea in INDUSTRIALS reats - Ala Gt sourn Ath Piek B TAm Brown 13 AM Gan & NAm T 4 Am 5 Am 11 Am New York Curb Mar Vi Bost Seating” pfd Suerpos A Smernow B Sunern 15t nf § 3 Am Sinhe Bige Hart( Co Rorden Co. . Brad Fireprfs Bridgeport Mach Brit-Am Tob Cou DG Car Light Crlotex " Co 5Cent Pip Cor .. RC G Sp & Bump Chilas 'Co pf CG&E nw Awi 1C G&E n pf wi 18Com P C nw 1Com P nw pfl 2 Cons Dairs P 1 Cons Laund a6 Cont Bak A 180 Gont Bak B 1 Cont Bak nf ADe For R C vt “ Doehler Die € € I Dunhill Intl 1 2 Durant Motor i Dupont Den n wi 1 1Duz Co A v te, 197 =1 El Bond & Sh pf 108 NEIB &S ncorp 717 El Invest Ine i 1 4 1 1 1 1 8 1 1 il 1 # Foundat For A AECH OH Mg ¢ LFr O H MEC pf 5 Freshman Chas T Galv Honston Ei § Garod Cor iGen Bak A 15 Gen Bak B Gen Elec Ger Gen Motora wi. 1 Gillette S R 4 Gillican ~Chipley 3 Glen Alden Coal 1 106 ¥ Tire & Ruh 2Grimes R & C R Fanp © Stor A 2 Hellman R nf i Horn & Hardart 2Tnd Ray Corp A iLand Co Fla i 61 Lol Pow _nw 174 17 Leh Val Cof . 441 {Teh Val C Salea 00 sh G131 1 111 ) 4 1 1 Moh Hud Pow 1 Motion Pict pfd 3 Municipal Serv. Nor Am Cem 0 Pow St P C A 5 Northe Pow 'n I Ohio Brass B 1 Ovington Bros 1 Pac St Boiler: | 133 P & I pfd 109 Seeman Bros . 1 Sherwin Wms 'Co 1 Silica Gel vte .. 3 Stand Mot. . 1 Stand Pub C'A L i Stroock & Co 2 Stutz. Mot SALES «—S500 at OO $1.000 at 104% .| at 104%. 5 at Grorgetown Gas Traction—20 AFTER CALL Capital Traction Co—10 at 1043, 10 at 1043%. 10 at 1043, 10 at 104%. 10 at 1043 Mones—Call doans, 5 and 6 per cent. Bid and Asked Prices. THE EVENING STAR, WASHINGTON, D. NEW YORK CURB MARKET Direct te The Star Office a half point to 83. Public Utilitles on the other hand failed to resume the upward movement which started in the early trading yesterday, but was suspended when the general market turned reactionary. United Gas and Improvement, one of the most promi- nent of the group, was offered down fractionally, but selling Wwas not heavy. ’ The ofl shares again acted disap- pointingly, with losses of small frac- tions eccurring in most Standard Oll of New York, Interna- tional Petroleum, Humble Oll and Tide-Water Associated shared in the decline. The market for newly listed indus- trials of the type of General Motors and du Pont railied a point or so on what was evidently covering of short contracts put out recently. Glen Aly den Coal, which established a new high record Tuesday at 175% was offered down a point. Franklin Man- ufactuting continued in demand and Durant Motors gave a good account of itself. The market gave every indication of being @ highly professional affair and one easily influenced by outside Aevelopment L J R 1 Sl 2l {1 1Tex Gulf S n wi 413 41 41 2 Tharmiod Rad C. 50 © 50 B0, 4§ Timken Axle. gy 124 1 Tob Prod Fyport E 174 }Trane Tnx Ple A R B 8 A Trumbull St ... 1114 “,l'l R’l" 5 Tung Sol Lamp. A% 8% AN i Uni Biscuit B 1 ‘.1 12 {1 IIIN. 155 G lmp Gl 1l4% LR i a7Un L ‘nw b i Un Shoe Meh C 3. 53 11 Shoptl way iver Pic 8L & Ht nw 153 Warner Bros Pic MINING STOC! a0 Ariz Globe C.. 13 1 t Thoue G M 0 Flor Goidfid M. 1 Golden Center M 10 Golden State 1% Kar Con_ Cor 2 Mason Val hio Cop 0.5 . Plymouth Le M. 58 50 Spearhead Gold. . . 20 Teck Hughes 10 Tonopah Ext 10U S Contl . 7 Utah Apex 10 W 10 W Sales in hundreds, Am Maracaibo © “ Beacon Oil 4 Caritina) Pete 3 #4 Carib Svnd 151, 20 Cities Serv new 4410 $Cit Serv pf. . B0y 7 Columbia Svnd . 2% 12 Creole Svnd 145 Crown Cent Pete 2 Euelid Oil Co. .. 15 19 Gibeon 0Nl Cor. 38 GGl O vte i R Kirhy Pet 18 2 Lion Ol 1 1 Margay O nw 34 Panuco ount " Prod & ew Bradford ‘0 % Northwest Oil 8N Y 0l 1 Xor Cent Tex 0 3 Ohio Fuel Corp 1 Pandem 'Ol 3 Peer Oil Corp Reiter-Foster Oil % Riehfield Oil wi 113 Royal Con 0 & R 5 Salt_Ck Prod. 1 $hrevep EID P'L i1Tidal Osage 0. 1 Tid Osage O N'V 3 Tide Water Oil, 1 Tide Wat Oil ptd 11 Venezuelan Pet 13 X 0 & G HUHD Qo B Sales STANDADRD OIL I1SSUES in_units. 100 Anglo Am Oil 17% 700 Ang A O non vte 111 100 Atl” Lobos. . ... . 10 Borne Scrymser. 285 150 Buckeye P L.... "487T K00 Continent Oil hew 208, 10 Cumberland P L. 11 125 Gal Sig Oil.. . . 30 Gall 'S 'O pfd'new 70 500 Humble Oil & R 607, 0 0 of Can n. 368% v Pet C Ltd. 337, thern P 1 7 g Q& G'n b 500 prairie P L 25 50 Solar Refin. 400 South Penn Oif 00 Southern P 20005 O Ind. 400 So Kaneas. . 3008 O Neb new. 80008 O N Y. 50 Swan & Finch. . 100 Vacuum Oil.... BONDS. Sales in thousands. 30Am Gas & EI 621002 ' 1Am Roll Miil 68103 13 Am 2 Am 15Am W W 63 A 31 Am Pow & Lt 68 2 # Seating @s. 00 Thread € 65 101 o8 T Anaconda fs ; an 01y 1 Boston & 3 10013 10025 I Cudahy Blas [’ 94 12 Duke P Pw 65 A 1028, R EI Refriz 6s .. 104 T Fed RB1, 3 ORI 111 isk Tire 5ts. 07 LR AT O AR 23 Fla P& L3s nw 031 G Gal Sik Pet 78 G927y 0% ATt 10l ab 5 07 i BT hart 104 2ty Uicar 03 R ) 48 Gat_Pow 5 4 General 686G Y _The ! BONDS. PUBLIC UTILITY. 4 Asked TS R W | Amer. Tel & Telga 4128 A, Tel & Tel ol tr>5s. Anacostia & Pot R nacostia & Pot gy P. Telephope 3 L& P Tel of VA Capital Traction R__R. 58 City & Suburban Bs. . 97l or Ba B 041 h s wi 112 §Keith BF 6s A, 001, 26 Lehigh Pow s A 04 1quid Car Ba i Long Tel Lt 6s | 10113 0817 08 1023, B Mont WP C B A 08 A instances. |+ DAY OF AMATELR MOVES ARRVES Home Motion Picture Maga- zine to Be Published in Near Future. BY J. C. ROYLE. Special Dispateh to The Star. NEW YORK. August 25.—The day of the amateur movie maker has ar- rived, and this is held by many men closely allied with the motion picture business to account it Some measure for the remarkable pulbic interest shown in Rudolph Valentino's illness and death. There are now more than 20,000 amateur operators of motion picture cameras scattered throughout the world, and the Amateur Cinema League has been organized to co-ordi- nate their activities. Under the auspices of the league, which owes its existence largely to the initiative of Hiram Percy Maxim, the inventor, a_home movie magazine will be published, an amateur film exchange established and local motion picture study clubs organized to help amateurs generally in having more fun in their own movies. Increasing 100 a Day. The increase in the number of ama- teurs, which Mr. Maxim estimates is going on at the rate of 100 a day, has had a distinct effect on a dozen dif- ferent lines of business, but the league is entirely independent of any of these interests, according to its di- rectors. Tremendous progress in the mak ing of amateur movies has been made since the write on July 22, 1925, re- ported that “home movies would seem to have been brought to complete re- alization.” Amateurs have made mo ies of everything from the Swiss Alps to the old swimmin' hole, and from bables 18 hours old to grand opera stars. In San Diego, Mother Goose has been flmed by amateur: The first amateur play has been w ten, filmed and produced successfully by the motion picture club of the Oranges, N. J. Turn to Movies. Professionals in other fields have turned to the movies for relaxation. Among the members of the new league are Amelita Galli-Curel, grand opera star; Charles M. Schwah. George Ade. James R. Rand. jr. Will Ha Walter A. Strong and Arthur Bris- bane, while Mr. Maxim is president of the league and Mme. Galli-Curci is one of the ploneer directors. Professional producers and distrib. utors have been watching the ama- teur movement closel; Carl Laem- mle, president of the Universal Pictures Corporation, said just before his de- parture for Europe that the Interest shown by amateurs in all branches of the motion picture business cannot help reflecting itself in motion picture theater attendanc “That, as evervhody kno added, “is the life of the business. 's," he Jesse L. Lask vice president of Fa#mous Players-Lasky (orporation! safd: “This amateur interest is likely to become more and more an influence in the practical motion picture world as time goes on. Encourages Amateurs. “Our sincere wish to encourage eligi- ble young people to think seriously of motion picture acting as a career took definite shape last 1all when we established the Paramount School. Anything that will foster or increase interest among young people in tech- nical work of making motion pictures is bound to be of ultimate benefit to the industry as a whole.” The amateur movie maker is going into a multiplicity of lines. In New York Stephen F. Voorhees, architect and bullder of skyscrapers, takes mo- tion pictures of his workmen, both for their amusement and as a means of developing worker efficiency. The New York Fire Department has a photographer take scenes of firemen fighting the flames, which are shown on the walls of the engine houses for the amusement and instruction of the men. TIn Philadelphia the Police De- partment Is using small motion pic- ture cameras to take pictures of traf- fic congestion so traffic tie-ups may be avolded. OUTLOOK OPTIMISTIC. Iron Age Sees Steel Mills Main- taining Their Present Rate. NEW YORK, August 25 (#).— Cur- rent activities of manufacturing con- sumers and the continued high rate of rolling mill operations confirm the general expectation of early August that the month would depart but little from the remarkable performance of July,” Tron Age says. “Shipments from the mills have been well dis. tributed over the full range of ulti- mate consumption, and the fact that meanwhile there has been no build- ing up of mill stocks in the lighter lines in which such stocks are carried leads some producers to plan for sev- eral weeks of the present scale of output.” For the tenth successive week the Tron Age composite price of finished steel stands at 2,431 cents per pound, being about 11z per cent above that of one vear ago. For seven weeks the pig iron composite has been $19.46 per ton, or 2.1 per cent higher than a year ago. BIGGER CROP REPORT. New York Exchange Figure for 1925-6 15.655.471 Bales. NEW YORK, August 25 (#).—The New York Cotton Exchange’s annual crop report, compiled from records of the exchange, puts the commercial cotton crop of 1925-6 at 15.655471 bales, compared with 14,962,955 the previous year. World takings of American are fixed at 15,120.320 bales, against 14,768,749 a vear ago, and exports 8,233,425 bales, against §,251,459 last year. PLANS HEAVIER RAILS. ATLANTA. Ga. August 25 (Spe- clal).—The Southern Railroad an- nounces that it will lay 85-pound rails_from Macon into Florida be- fore Winter in order to assure main- tenance of faster train schedules with heavy passenger trains WILL REDEEM BONDS. NEW YORK. August 25 (®).— Holders of Tennessee Electric Power Co. 10.year 61 per cent debenture bonds of 1933 have been notified by the National City Bank of New York that the company will redeem on Oc- tober 1, at 100 and accrued interest, $38,500 aggregate principal amount of the bonds, which have heen designat- ed by number. The drawn bonds must be surrendered by October 1. - —— - — EARNINGS INCREASE. | NEW YORK. August 25 (#).—Net earnings of the Philadelphia Co. and affiliated corportitions for the seven months this vear were $12,553,208 after depreciation and taxes. before C. EVERYMAN’S \ INVESTMENTS BY GEORGE T. HUGHES. Features of New Bond Issues. Technical features of new bond | issues are of great importance. Prominent among these is.the re- demption price, if any. Some bonds are issued without the corporation retaining the privilege of retiring the issue, but they are exceptions. Particularly when the coupon rate is a high one is it rare to find a non- callable bond. | | Many circumstances might arise | By the Associated Press. which would make it advisable for the company to pay off its bonds, and | fytures opened steady: October, 17.73; so they usually make a stipulation | December, k H Ao this effect when the new loan is | Aarch, 18.09; May, 18.20. The cotton Now this callable price is, | market made a very steady showing of course, over the par value of the | {n today's early trading. owing to bonds and the higher the figure IS |the tropical storm threat along the floated. fixed the more advantageous to the |G buyer. The important point, how- ever, is the spread between the| [ price at which the bond is sold and | the market there firmed up before | the callable price. This spread meas- | trading here started. | ures fairly accurately the possibility | of market price appreciation of the bond. For example, a 6 per cent bond is offered for subscription at 95 and the callable price is 105. The best then that the buyer can hope dor is a profit of about 10 points on his purchase if everything goes well. The bond will not sell much above 105 at any time because the buyer ‘would not care to pay more | than he would receive if his bond should be called. Redemption prices .are often ex- pressed on a sliding scale—that is, thew may be called at one figure for | the first half of the life of the bond and then at successively lower prices as the maturity date approaches. It is especially desirable when buying a semi-speculative bond on a high vield basis that the call price be sub- stantially higher than the offering price. ‘hen one assumes thte specu- Iative risk one should he entitled to a speculative profit. It is not so important in the case of a high- grade investment security. Notice carefully sinking fund pre visions. If these provide for: call- ing bonds by lot at a designated price, that in itself is a speculative attraction. If bonds are to be bought in the open market it serves to sup- port the current quotation, but that is all. The larger the amount the | sinking fund is-calculated to retire | prior to maturity the stronger the | position of the hond. | HIGHER BEEF CATTLE [ PRICES ARE FORESEEN | | By Dy ito |t S Al Three Years Probable, U. S. De- partment of Agriculture Predicts. Higher prices for beef cattle within the next 18 months, with an upward trend probable over the next two or| three vears, are predicted by the De- partment of Agriculture. tions are for smaller supplies of | cattle on the markets during the next in m Little Selling Except Realiz- showers in the belt. Early cables from an advance of § to 13 points. Buying | on was stimulated by reports from the cotton goods trade.| and, except for realizing. there ap- peared to be very little solling.. ary to 17.97 before the end of the first_hour, net advances of about 16 to 19 points on the active months. today as prices approached the 18- | cent level and after selling 17 or about 20 to | | the market reacted. Traders seemed | to find more favorable features in | the market at midday was quieter, ac- points net higher. H Cotton futures opened steady: ber, \”'”: March, 17, | weather in many sections, particular- | out the past | tained, according to the reports from Se—— | the Upward Trend Over Next Two or market the month of August probability equal or exceed that of the same period a expected that prices during the bal- nce of 1926 will show no marked de- parture from prevailing levels. ANl fndica. | Prediction is based in part on the fact | St [that in steel production and the pro- duction of other basic commodities a | WEDNESDAY, AUGUST 25, 1926. COTTON ADVANCES ON STORM REPORT ing Noted in New York Market Today. NEW YORK, August 25.—Cotton 17.82: January, 1 ulf coast and reports of further iverpool were lower than due. but The local market opened steady at weather news | unfavorable more favorable the October sold up to 17.88 and Janu- T SovepiWeler S VR LR i We Will Loan at 5} % Economic Conditions Cities Service Company herty & + 803 Wilkins Bldg. Main 6189 We mg-su Stocks &Bonds Tyler & Rutherford Loan Correspondent of the Mutual Benefit Life Ins. Co. Newark, N. J. 1018 Vermont Ave. M. 475 | Metropolitan Life | Insurance Company | Real Estate Loans | —in the District of Co- ; WE PAY MORE INTEREST ON SAVINGS ACCOUNTS in Washington Interest on DAILY Balances Come in and let us explain Realizing became very heavy again up to! .97 for December in the forenoou, | 25 points net higher. weekly report of the TWeather | ureau than anticipated, and were . |1ls0 influenced by prospects for clear- ing weather in the Southwest. ecember sold off to 17.73 or back vesterday's closing quotations. The ve months ruling about 7 to 9 N2w Orleans Quotation: NEW ORLEANE, August ). — y: Octo- 17.86; December, 17.82; January, May, 18.09 bid. ALES OF HARDWARE ARE WELL MAINTAINED NEW YORK. August 25 (Special).— Ithough hampered by unseasonable | the East, hardware sales through- week were well main- | wholesale hardware | “Business during | Hardware Age, its weekly hardware market sum: ary, will say tomorrow, “will in all various centers. It is year ago. This few months and the number of breed. | MEh peak has been maintained, even ing stock, cattle on feed and young during the Summer months. | perity is also indicated by the marked stock seems to be materially lower Pros- than for several years, so that a re. decline in the number of commercial duction in the market expected. No competition from forelgn sup- | plies of beef or cattle which would | affect the situation is foreseen. ent indications are that consumptive | demand for becf during the mext 12 | months will continue good. although | no better and possibly somewhat be- | low that of the past vear. Increased | competition from hogs. especia during 1927, also is expected to have some influence on beef prices. ALEXANDRIA [ | movement s | ALEXANDRIA, Va., August 25 (Spe- cial).—As a vesult of the appeal made some weeks ago by the Citizens’ Band to raise $1,580 for the year. only $284 has been contributed by 28 per- sons. Letters were mailed out to 400 residents. The City Council made fallures |ago, | those of a year ago. U extras, IV | firsts, 392395 | 33085, —Receipts, total cars; very little trading account light offering: market firm: Kansas and Mis- souri sacked Irish Cobblers, 2. heated. 2.60a2.70; Colorado, sacked Round Whites, 2.90a3.05. as, compared with a year while bank clearings ~exceed | “Collections are reported as gen- Pres. |erally favorable.” BUTTER IS HIGHER. CHICAGO, August 25 (#).—Buiter higher; receipts, 6,022 tubs: creamery | 4012; standards, 40: extra firsts, 3612a38: second: unchanged; receipt: Eggs 154 cases — e POTATO MARKET FIRM. | CHICAGO, August 25 (#).—Potatoes 39 cars; on track, 13¢ United States shipments, an appropriation of $300 to help the band. This leaves to be collected $996. The Citizens' Band is com- posed of 35 members, who donate their servic leader A drive has been launched by City Manager Paul Morton to collect the delinquent_taxes, ing to about €8,000. These tax due on real estate. There also is con- siderable personal taxes due. From the office of the city manager Police man Bayliss has been detafled to no- tify all delinquents and make an effort to collect such taxes. There are many delinquents on city automobile licenses who will be founded up later. The formal opening of the new municipal swimming pool, set for Saturday, will be deferred, due to mud, according to an announcement by Paul Morton, city manager. Tt will require several days to finish the work. After an {nvestigation of a false alarm of fire believed by the police to have been telephoned to headquar- ters from the Norfolk and Washing- ton wharf early Mon Judge Snow today dismissed the case against a colored suspect in court. Mrs. Helen Bowman Brooks, 35 years old, wife of Rosser L. Brooks. Rosemont, died yvesterday at the Homeopathic Hospital, Washington, following "an operation. She is sur- vived by her hushand. The body will be sent to Greenville, Ohio. The Washington Boys' Independent Band will give a concert Friday eve. ning at 8 o'clock at the corner of Washington and Prince streets. This | band is eomposed of 65 pieces. i RUBBER ADVANCES, | NEW YORK. August 25 (Special).— | Crude rubber, smoke-ribbed sheets, ad- | vanced 1; cent at today’s noon quota- | tion of 411 cents. This compares with 41 cents a month ago and 82| cents a year ago. free of charge, only the are is BANK CLEARINGS. NEW YORK, August 25 (Special).— ' New York bank clearings, §800,000,00 New York bank balances, $86,000,000; New York Federal Reserve Bank credits, §83,000,000. | i . : WOOL DEMAND EXPANDS. BOSTON, August 25 (Special).—De- | mand for wool expanded today in the case of territory and Texas sorts.| Twelve-month Texas was active, mostly around $1.08 per scoured pound. Varlous grades of territory | wool moved fairly well. particularly mediums. Prices were steady, based | upon quotations which have prevailed | for some time. This means about 80 cents clean for quarter blood and 90 cents for three-eighths blood staple in | [ ! | medium territory and around $1.05 and $1.07 for fine and fine-medium staple. § e g g PRICE OF SILVER. | SW YORK. August 25 (P).—Bar | silver, 62%: Mexican dollars, 47%. A Fool and His Money. | The fact that a stock certificate s printed in fancy zreen scrollwork is no proof that it is worth any more than ordinary wall paper. Thousands ' of people in Washington would have saved their money if they simply had interest and other deductions, com- a growing disposition purc e e electric pawer rather than ta gen | Botoman e T B *" 19 Nex Con Con.Ba. 951 s it themeelves in private plants { e o v’::'?)r‘-(‘!’:lvi'g"nfi:.’r‘: 103 “ " - o X Mt 29 Ohio Pow 41,8 no 807y COMMODITY NEW Ralt. & Annap Fo0ne i ol 257 08, e | Washington Gas hs 79 Pan Am Pet s, 102 10212 WIRED STAR FROM | | 7eninetan Gas 8a i Penn O Ed. 107 1081 = 4 | Wash. Ruy & Elec. ds. 1 00 0 N O TN | Wash Ruy. & Flec. gen. 8 R A, R 1y ENTIRE COUNTRY | | 10R 1L 10813 : | MISCELLANEOUS 1 1068 10asd | Chestnut Farms Dat 101 ¢ 10215 1021y 7 £ D Paper (o, M RY /% U 0912 09 * | CHICAGO. August 25— Range con- | Pot. Joint Stock T, 09 r il & 10815 1031, v Sllithern Bl 6l4e 101 13 Rand K Bur 51501133 il ditions are_none too good over the | Sputhery Mg, 8 96 ic s Seah A T fs A pA1) a31; West and Northwest, with dry areas| WammmE et hioia ¥%a. 00 1003 | S carvel Dol Re. 100 108 el - | B Sehulen Tne R1.6 1007 10 in eastern Montani. western Dakota, | | 1 Schulte P fe DR, 081, nartheast Wyoming and eastern ol STOCKS. [ dlom Snem e 1001 10 orado, as well as western Kansas and | 5 3 uGalEENaRE S a01 s 101 Nebhraska. The Northwest States and ELICRE i oL Al B AL Ak 28N intermountain area have suffered | Amer. Tei. & Telga ! 1S0N Y Giaa. . 10810 1081} from drv weather with water short |{antal Traction | G Smes ey Tiesl ToRe 1035 and feed cured early. This >il:\w|v‘n;r§' riolk & Wash, Steamboat | 1 Transcont Ofl s 073, ata) as resulted ir i rlv market | Potoma.: Elec, nfd n_Oil Prod Rs 40 - :,‘ ';‘\‘“"’ dpdi bl A s ""“;\n <h. Rwy. & Elec rom | R'af Hav Tias 110 At : Zis {Wash Rwy. & Elec. pfd | S it 101 G . g ol SACRAMENTO. — The wine grape | S 3 101 101 crop. of Californta now is expected to | Sational, Capital 4 2 apas 100y equal or exceed 426.000 tons. while | Commiercial s 101 101 about 418.000 tons of table erapes | Puinee & Mechaics FOREIGN BOXD: and 1 0 tons of raisin grapes | Faderal-American 3 Antioqua s B. 013, will be gathered | Liberty National . & Baden' 78 FThY | L0 Stetrovotitan : 5 Bue Atres fa ! 2 SPRINGFIELD. Mo.—The poultry | RifEs | g : 14 Ruen “Aires h'v'n} and dairy interests of the Ozark re- | \ar Bank of Washinzton | o Rl A0y glon have contributed §2.500.000 to TRUST COMPA | 37 Denmark o the total of agricultural products in |y ercan Seenrite & Trast ann ZAFr St Bay e the last four weeke. 1t is expected | Ciimenial Trust 83w |, Z}Ceidon o i faal the last part of 1926 will see greater | Werchante, Bank. . .. 158 | 7 T8 Famhurs E s o1, production in this region than ever | rnjon Trust . o Loy a before s [ Wash Loan : ‘mm ol m;( Tiaeder St e § AV 2% Ital Pub 1 BOSTON —It is reported here that | commarce & Savings 288 | 21 Kruep Erisd L 7e 2t the new oil electric losemotive which ehinKlon. . om. o 338 8407 TNTA N A Te 4] DRt BN 16 to be installed at Bingham. Utah, g5 a2y a2 by the Utah Copper Co. will save 808 R i 4 cents a ton on the ore and waste 3% @ a3n hauled by it as compared with the 3 } 00 100 steam engines of the company. The | american 98 . TR concern now operates 57 steam loco- [ Corcoran 3 | 13w 13y i3 motives. LRI 2 : L LN . = Aa, pasl fa ATLANTA —Vinegar plants are " | 01t 1a01s 1hart being established in the apple sec- R IE R LI tions of Georgla to take care of fruit : | b ars In2e 1ade which cannot he advantageousiy | a7 a2* qae ™t 0e ™ | PR SR it 5 bay e fbRn pager ofd s [T T S WiaTre A Boty PR ARm | in 1925, i Pedera) ‘Linrace nia 101 P Wi wis e ona] anel goa | LONG VIEW Wie —Ti t | erchants Erans. & ST ine. 1001 | AeEhaen e ohemn 0y R NG e ie —This city 18 [ Merchants’ ‘tran Stor. pfe 8 | SEx-dividen | P ergent “otspe 106 | %o have a new industr. Pulp will ) Mergentigier Tigotne ) 1% — — | manufactured here to supply the | paomles Druz Stores nf 104 | Ppl) Peonles Dru . Pacific Ktraw and Paper Board Co.|Lanston Monotrpe 90 “'l.‘l\e!mnre ahcan kno;\;l:h‘;en:le‘r The pulp mill company has been in- | {eoUHE 50 Mariet. . ¢t s for some of them to.hold their W tongue, says the Office Bay, porporated for $600,000, o pared with §10.822.243 in the preced- ing corresponding period, asked their banker to teil them what | he knew of some supposedly wonder-| ful investment., s Prompt Action First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. T s T e 1 6 CONSTRUCTION O LoaNs D. C. and Montgomery Co. FRED T. NESBIT 1010 Vermont Ave. M. 9392 BUY Real Estate Gold Coupon Bonds * Secured by First Mortgages GUARANTEED By The United States Fidelity & Guaranty Company Regources. §46,000,000 TO YIELD 6% Plus tax refund up to 435 milla Descriptive circular upon vequest CHAS. D. SAGER ““Since 1906." 924 14th Street N.W. Main 36 “An extra pre- caution that may mean Investment Satisfaction ‘to you.” UR Financial Spe- lists are always ready to guide inexperi- enced men and women in Investment— And never in the twenty yesrs of our “Service” has a single client lost a penny in principal or interest. 1f.vou desire the best in Investment, we suggest vou uss vour prob- lems /with us. rtrage Investment Department SRR, & T 713, 715 and 717 14th St Main 2343 Commercial Nat'l Bank 14th and G Streets Resources $17,000,000 Than Any Other National Bank R. GOLDEN DONALDSON, PRESIDENT lumbia, nearby Mary- | land and Virginia. \\/EAVER BROS | W REALTORS | 809 15th St. N.W. | Phone Main 9486 JOHN JOY EDSON, President Organized 1879 Assets. .. ....$5,136,31 .22 You Whether seldom pOs The New York FOR 3, 5 OR Houses Business Properties Equitable Co-Operative Building Ass’n Subscriptions for the 91st Issue of Stock Being Received SOPPDOPODPLDodD SAVE SYSTEMATICALLY AND BE INDEPENDENT So many otherwise, are enthusiastic about our sy tematic Saving Plan. the throng of men and now, and at the same time, laving something for tomorrow. How Often Do sion is of sufficient importance to merit your izestigation of onr doubly sccured 6%:% First Mortgage Notes. venient amounts of S 0 PHE FOU! 1417 K Street—Main 9300 %% ON APPROVED SECURITY WALTER S. PRATT, Secretary 16th YEAR COM “TED Surplus. . ... .$1,106,195.76 folks, who would not save You, teo, can join carefree savers lifa ide happy, women who are enjoving 915 F Street Invest? or frequently, cach occa- Azailable 1 con- $100 and up. NDED 1907 Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real Estate in the Dis- trict of Columbia and Nearby Suburbs i Montgomery County, Maryland 10 YEAR PERIODS Apartments Office Bulldings Apply RANDALL H. HAGNER & COMPANY Incorporated. MORTGAGE LOAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 A4 .Third of a Century Without a their 6V:% Loss B. Main 2100 Learn the investment-impor- tant facts about our safe 6%2% FIRST MORTGAGES For a third of a century these preferred securities have pro- tected investors’ surplus funds with the sound security of im- proved local real estate. to them: give vour principal annually—without fail. In amounts of $250 up. F. SAUL CO. KNOW THESE SECURITIES Turn safet) And earn full interest, paid semi- 025 15th St. N.W.