Evening Star Newspaper, September 8, 1926, Page 25

FINANCIAL BUTTER AND EGG - PRIGES AR FIRM Supplies of Produce Continue Good in Center Market. Potatoes Higher. Supplies of produce on the whole sale market continued good today, with a,firm conditlon maintained in hutter and egg lines. Top-grade but- ter is selling for 49 cents, with store- packed varieties at 35. Eggs. best selected, are bringing 48 cents, with current receipts at 44. Potatoes also stiffened price, being quoted today sack for white po are bringing from . flower, which recently market, was scarce today. New York lettuce sold for $2.50 for crates of 24 heads each. Other vege- tables and fruits were steady in price, supply and demand Today’s Wholesale Prices. Butter—Fancy, 1-po 47; store packed, zgs—Fresh selected, 48; 45 current, 44. Poultry, alive—Turkey: broflers, 30a33; White L 26, fowls, 26a27. rousters, yvoung, old, 15; keats, young, 7 80; old, 35a40. Dressed—Turkeys, 40: broflers. 35a40: keats, young, 90a1.00; old, 40a50. Live stock—Calves, choice, 13; me- dium, 11a12; thin, 7a8; lambs, 14 Meats—Fresh hams, 30a32. shoul ders, 24a25; loins, 35; beef, 16a18; veal 25; lamb, 30, Fruit and Vegetable Review. market report on fruits and compiled by the Market e Bureau of Agricultural says: Supplies moderate; demand t steady: bushel baskets | Maryland and Virginia, fous va- rieties, large size, mostly 1.00; Wolf Rivers and Pip. pins, Canta Supplies liberal; de- mand moderate, market steady: Colo- rado Pink Meats, jumbo flats, fs 8s. 1.00; 95, 1.00al.15; i2s. 1.10a standard flats 90a1.00; salmon_ Tint and 58, 1.00a1. CGirapes — Home-growns suppying | the market for Eastern stock. Lettuce—Supplies liberal; moderate; New York, market weaker; dozen crates Bix type, 1.75a2.00; few low as 1.50; Colo- rado and Californfa, market fairly eteady; crates Iceberg type, 4-5 dozen, mostiy 7.00. Onions—Suppli ) to $6. Cauli-| came into the d prints, 49; hennery, Today vegetabl 1.00, few Fall standard flats, demand much Boston moderate: demand moderate, market fairly steady: New York, 100-pound sacks, Yellows, U & No. 1, 2.0042.25: Massachusetts. 100- pound , Yellows, U. 8. No. 1, most Peach upplies liberal; moderate, market falrly stead. 3 land and Virginia, bushel baskets, El- bertas, very large size, 1.75a2.0 large size, 1.50al.75; small size, 1. poorer, low as 1.00. Potato Market Stronger. Potatoes—Supplies mand moderate, market _slightly stronger; New Jerse -pound sacks, Cobblers, U. S. No. 1, 4.50a ; ‘mostly 4.75; Virginia, cloth-top ‘e barrels, Cobblers, . S. No. 1, a5.00. Sweet potatoes—Supplies moderate; demand slow, market weaker; Virginia and North Carolina, cloth-top stave | barrels, Yellows, No. 1, mostly 4.00; some medium size, fair condition. 3.50; Georgia, bushel hampers, Yellows, No. 1, siightly decayed, 1.00 Corn—Supplies moderate; moderate, market stead sacked, per dozen, su, demand moderate: de- demand homegrown, corn, 20a30; mostly 25. Cucumbers—Supplies liberal; de- mand moderate, market fairly steady; New York, bushel basket: fancy, mostly 1.50. Pears—Supplies moderate; demand moderate, market dull; California, boxes, Bartletts, best, mostly 3.00; some ripe lower Peas—Supplics moderate; moderate, market steady pound crates, Telephone: demand lorado, Washington Stock Exchange SALE Co—10 Dl & K Capital Tract Potomac Elee P W A¥ Capital Traction Peopies’ Drug St XNational e Elec UNLISTED DEPT Chapin-Sacks 8s pfd.—5 at 1001, Mouey—Cail loans 5 and 6 ver cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY B Potomac Wiash. KWy & Eiee. gen Chestnut Far T D C. Paver « Soathern B Wash Mkt Wardman Park Hotel 5 lys STOCKS. PUBLIC UTILITY 147 1031, 101 1001, Rl & Elec. vom & Elec pft NATIONAL Capital Wash. Kwy BANK echanics Federal-American Liberty ngoin Wiona Riges National Bank of Wash TRUST COMPANY Metropolitan “onn’r:rn:nl Frust Merchants' Ban Niiiony) s ¢ ion Trust - Washington Loan’ & Triet SAVINGS BANK Commerce & Savings 3, Ban " agnineion Security Savings & Com Seventh Street Jnlied” saice Fashington Mechanics FIRE INSURANCE American orcoran fremen's National TUnion 3 TITLE INSURANCE Columbia Title enl Estate Tl & Inv. Co M com MISCELLANEOUS r pfd orage vfd ‘THE EVENING STAR, WASHINGTON, D. C NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. YORK, September §.—Rais- ing of the call loan renewal rate on the Stock Exchange failed to have any material effect upon speculative sentiment on the Curb Market today. Operations for the rise were carried on aggressively both in this market and op the big board, numerous specu- lative favorites reporting substantial gains. \ So far as the market for oil shares was concerned. special buying made its appearance in shares of South, American companies, notably Carib Syndicate and Venezuelan Petroleum. Renewed activities at advancing prices {1n this quarter appeared to be a re- Sponse to the recommendations and findings of the Federal oil conserva- ton committee. The statement that only a six-vear oil supply was sight left the impression that the future would see active development of foreign flelds, where the potential supply is known to be large. There fore it was not surprising that stocks of companies operating and holding acreage around the Maracaibo Basin .\-hm:lld }vmvo been looked upon favor- ably. Standard Oil issues, however, NEW YORK, September 8.—Fol- lowing is a list of bonds and stocks traded in on the New York Curb Mar- ket today: Sales in hundreds. High Alum Co new a0 um Co n s Ani"Arch G0V P12y 1Am Brown Bov F 201, 1am E INDUSTRIALS Low. 5o Close. 10135 nid 951, ch 11R SE55R5 Superpow A Superpow B. Suvern or of 1Am Thread C 3 Asso Gas & Ele At Frait ... 1 Atlas P C nw Wilcox . atz_vie Sons i CHESS-SetE! FOPTERLRR P hEze L3 suxse @ s E5ESE LTt fen. ... irepr, rt Much b G Ale uw uloid ‘Co pt otex Co 1 G & En pf owi Com P C nw Com P nw pf. om P ¢ war on G Balt nw Cons Cont, Doehler Die € 3 Dubilicr ¢ & Rad D PLAN & Cnwi 156N, i6 Durant Mot L B & S Ford oundation F 3 ROy Thogtors 5 Fr 3 . o 9 Gen Bak Bl 5 Gen Motors Wi illette § R Glen Alden Coal 1 3 Gobal Adolph I Goody T & R eshman fak 11 149 1 Grand Stores 4 Grimes R & C i1 Happ ¢ Stor 2 Hapn € 2 Helln Hood i Horn & Hardart von Cor A or- Util A m_ Ttil B 13 Leh Pow nw | 1Leh Val C of s C Sales 101 & Loaw 10 Lab Owens Sh G1 Lit_Bros West Tl . 9 Mid WU pr lien Midvale Co Mchawk Hud Pw Mohawk Val nw cipal Serv Master €. .50 arragans El Lt. B3 % at Casket new. 778 Casket pf. 10815 at Elee Pow AL 2 P&L T nf 101 Purity Bak Purity Bak Purite Bak bl 0 Ran Kar Bur nw i Real Assn Bkiyn 210 5 Reo Mot * Rep Mot Trig Vte a1 Rickenhack Mot. 1 Seenian Bros Serv El_Corn Sierra Pac E 1, Singer Mig i Son Cal Sou P& L 100 Sou P & 1 1 Stand Mot i StTk € C 1et pf | stroock & Co T Strom Carls Tel 1 Statz Mot Mt ot Steel B vte 1 Lamp mbull Art S * Tung Sol g Sol 50 Tni Bisemt T Tmi El Coal vt Tm G Imp € Pl L& Ponw A 4 Univer. Pie € S Lt & Honw 3 1 TS Lt & Hopf MINING STOCKS 30 Amm_ Tin Tunz 2 Beaver Con 2 10 t i 1 Camegia 1 tCons Cop Mines 5 Cresson _Gold 1 Dolore 1 New Cornelia . smont Mining asing ymouth Lead M TeL X 10 san To S0 Am Gold & P 30 Spearhead Gold 1001 Venle Ext rex Sades 1n INDEPENT hindreds. +Am Con Oiifids aracaibo € Pete 1Bk BT ) et LEREES Pii 60 Leonard Ol 1 Lion Oil ) Lone S G n Del Lone 8 G n D rts Mex Panuco ount Prod at Fuel Gas w Bradford O 2 New Mex Land 5 Nor Cen Tex Onl * Ohio Fuel Cor in 23 3R 3 SoaBts =~ el & b3 o s P 2% 1 Richfield 01l w 1 Pennok Ol Cor. Rank 011 er-Foster (1] i al Con 0 & R 13 Ryan_Con Salt Ci Cons S 19 Salt Ck Pro ... bt Qa5 st tazy = Pt ¥ e in | fluctuated over a marrow range with price changes inconsequential. The ralsing of Montana crude oil quotations 10 cents a barrel appeared to be a local adjustment and passed unnoticed. Declaration of an extra dividend of 20 cents along with the regular quarterly 30 cents a_share on Humble Oil failed to influence the market for the stock, which was fractionally lofver most of the ses- sion. Among specialties Warner Brothers Pictures was given another whirl. Those back of the market for this stock were making the most of the favorable reception of the company’s vitaphone offering at Atlantic City. The company will open in Chicago on September 15, when another favorable response to this latest in- | novation in the motion picture in- dustry is anticipated. Public utilities were featured by | a good demand at rising prices for Pennsylvania Water and Power, Co- lumbia Gas new preferred, and Elec- tric Bond and Share gecurities. Gen- eral Motors new wab taking its cue from the action of the old shares on the stock exchange and at one time was selling three points higher on the day 19 Tid Osage O 15 Tide Water 01 1 Tide Wa- Oil of 13 Venezuelan Pet.. Warner Quinlan. 3 Wilcox 0 & G n 3 § Woodley Pet UAONL S o Sales STANDARD OIL IS in_shares. 700 Anglo Am Oil. . 18% 100 Ang A O non vte 178 100 Atl Lohos. ... . ity 70 Borne' _Serym 100 Borne Serym wi i 2000 Continent Oil n 20 Cumberland P 125 Gal Sig Oil.. .. 10 Gal 8 O otd'f. 1400 Humble Oil & R 3100 Imp O of Can n 2300 Inter Pet C Ltd 100 Nat_ Transit _B0N Y Transit 500 Ohio OMl.... . 0. 400 Prairie 0’ & G 'n 450 Prairie P L. 0. 00 South_Pen 0il | 008 0 Ind.... 1008 0 Net ‘new 58005 O N V.. 108 0 Ohio_ ntd 700 Vacuum Oil aies in & E 6a 1003, Am Roll Mill 6. 103 i Am Seating 00091, 18Am WW 6 AL 08 2 Anaconda 6a 108 5 Appal E1 Pow 5 0% ®0 G & F 6. 102 s Sim Hd 65 1At Fruit 8. Beaverb'd T0Cit Serv 7 D 12 Contain Cor A6 2 Cuban Tel 7% A1 “udahy 51 Detroft City' G & Duke Pr Pw @ “ Fitingn Schild 6 58 Fiat 7 2l Refri at 7 U Fisk Ti 516 Fla P &1, Fla P & L 6 new Gatienau_Pow 5 General Pet 10115 Good'st Blys i 001 2 Gulf "0 Corp 5s 1005 3 Hav EI Rwv 5158 0 Tls Con 4% w1 nd L s or O B 4T NG 08w wi ALeh Pow fn A 1 Carbon Bs 6 Lone 1< Lt 6x 20 Loew’s Tne_ i w 5 lhn A G Nat P L 6s A 081 ex Cons’ Con 53 0414 P Ala 1027 M 619 C 111 410D R0y, Fid 58 953 A8 o I 098, 01 100 1012, an Tr 6s 101 N 3 htoa 7 Pure Oil © t Rand Kar B 5135 Servel Del Ga. 2 Sehuleo Tne 6 ek 10010 061, 1001 a5, 100 * 1003, Sun 0il 5 Swift & Co 5%. . Troy Ldy 8s TS Rub B1as TS Rub Gl.x 1S Rub # i o~ T 333232257 Salesin FOREIGN BONDS. Antioaua 7s | thousands. e Aires e Aires Buen’ Aires B iaa 22 Great Co Bl BLs 19 Thkeder St 7s ITat M B F Ttalian Pun U ATeonh T ¢ ziiugand JLow. Auat Tigs 1 Mn Medellin 8% vt gl Al N o Tale Fe 76 K a1 03 081, 1028 10115 Ir&St 7a 102 n TS 031 s L Gy x dividend. SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co. Bid. Offer. —~——Noon.— 104 Adirond, P. & L. C. s 192 Alum_ Co. of Amer. 7s 103 Am el & Tel. Co; 4 1020 Anuconda Copper s 192 Aremantea OfL s 1988, .0 Haltimore & Ohio 0 1929 Bell. Tel. of Can Gs 105! Can. Nor Ry. Co. 4143 1 Ceniral of Georgia s 192 Chi.. Mil. & St P. 68 1034 | Citv’ of Lyon Gs 1934 Columb. G. & E. 1st 5 Continental G, & Fisher Body Cort Goodyear T. & R, Great Northern Guit oil Corp. P Hershey Choc. C Humble Oil 51y Jan, Gas Co. B} Morris 7 New York Tel Oregon Short Line Penna, R, R. 42 107 ura s 1 2 2335 Se=353x! R23%! TREGPP SPPIIELER CEE air ¢ Pac. T Swift & Co. 5s 1 Tnion Qil of Calif Tnion Pac. R, R, €. da 10 | Uolted L & P, C. B 1 VS0 Rubher @1ae 162, 1) 8 SmeltingTo. 3 Weatinghouse E. Wisconsin C. R. C. 2Z35s0:220552e8555550. EEEEe EEREREER R o (Quotations furnished by W. B. Hibbs & Co.) Nominal Selling checks xold value. d: $4.8665 London. pound ! 1.00 Montreal. dollar.’... Paris, franc Brussels franc Berlin, mark Rome. lira Zurich. ~ franc Athens. drachma. . rid. ‘veseta Vienna. crown. udapsst. crown agile. crown Warsaw. zlots Gopenhagen, <10 3 crown StocHolm. crown . . NEW YORK, September 8 () Forgign exchanges easy }(in cents): Great Britain. demand. '485 1.18; cables, 485 9.16: 60-day | bills on banks, 481%. France. de- | mand, 291: 292, Ttaly, de- 61. Demand— Germany, 23.81: Hol- Norway, 21 Sweden, . Denmark, 2 Switzerland : Spain, 15.15: Greece, 1.14; Po. {land. 1150: Czechoslovakia. 6 Jugoslavia. 1.761;: Austria, 14. | Rumania, Argentina. 40.433, ; Brazil, 15.31%: Tokio, 4%.31: Shang. hali, 68.063:-Montreal, 100.1554e- Belgium, RANGE HORSE MEAT EXPORT PLANNED New Business Begins This Month—Volume of Fish Shipped Is Large. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK. September S§. product which heretofore has ne been exported from America will be- gin to move to European markets this month. Flesh from the range horses of the Western plains in future will be sold in France and Germany. Orders already received indicate a fair volume of business and contracts al- ready signed provide for a continua- tion of the traffic. The first shipment of flesh of th character will go from Portland, Ore., on the Dutch steamer Kinderdyk of the Holland-American Line sailing September 16. 'he Kinderdyk is equipped with refrigerator space and companion ships will also fill their holds with the frozen flesh. The product will be handled in much the same way that Argentine beef and Australian mutton are shipped to Europe. German Capital Involved. The first shipment is consigned to Paris and will be landed at Antwerp. But it is generally understood that the plant already in operation at Portland, which = will prepare the product for shipment. is backed by German capital and that a large pro- portion of the output will find i way into Germany Despite the incredulity movies and fiction hav the public mind, wild horse herd; are a menace to the stock growers on the open ranges of the West. The wild horses are usually small of st ture and not adaptable for either work horse or saddle horse requir ments. Their chief value, so far, has been solely for hides Their danger has been the fact that the bands lured away the more valuable nehers. ¢, according to the De-| partment of Agriculture, the flesh of the horse is not The de partment has just revised the defir tion of meat products, and it sible that this has been done i ly in view of the new industry jus developed. cording to the de) ment, meat i “the properly dve flesh derived from cattle, swine, shecp or goats, suffciently mature and in | good health at the time of slaughter.” No Prejudice in ch e -A which the inspired in still in this | as food | It is even | teade will The prejudice w country st horse does not obtain in Luroy t in the West that the assume proportions - which lead to the raising of hors product. The fishing Const and ¢ to provide irope this Imon in the American increased the revenues British Columbin. fisheries by $2,000,000, 3 ' S ment of marine of the Dominion. The | value of the salme he prov- | ince last year . Pniied | States importers per .cent | Halibut | industry of the is counte of frei shor market he ve o depar ranks second to salmon i producer of the West Coast, where ps alone have 14,000,000 in-| vested in the fishing industry Great Lakes Fishing. The production of fish in the Great Lakes will total more than 140,000,000 pounds this year, and a good portion | of thix amount will find its way into foreign trade. Lake Erie accounts| for a greater tonnage « 5] food | products than any other of the great | inland bodies of water. The output | lake this year, however, has | - fallen far below the averasge, according to the Department of Com- | merce. Pollution of the waters and | intensive fishing are held account-| able. The most important fish captured in the inland waters are herring, blue pike.and perch. Lake Michigan pro- | duces more trout than all the other | Great Lakes combined. \White fish| re among the leading profit sources of Lake Michizan 0IL MERGER RUMORED. NEW YORK. [Z.) Talk of a pending merger of several oil companies operating in South America. or holding ofl lands there Wwith Creolo syndicate as the principal factor in the negotiations, h red interest in the financial district. The Carib Syndicate, Condor Oil Co.. the Colon Development (‘0. and the Ameri- | can Maracaibo Co. are mentioned as| possible participants in the deal, which | would bring several million acres of leased oil lands in Venezuela and Co- | lombia under control of one organi- | zation. | NEW INVESTMENT FIRM. ( NEW YORK. September. & (#).— | American interests Septembey X of are represented in | the proposed formation of a new in-| vestment company to be known as | the London Irish Trust, Ltd. one of | its aims being the care of financial interests in London of a number of leading _Irishmen throughout the world. F. R. A. Shortis, vice presi- dent of the Guaranty Trust Co. of New York, is scheduled as chairman. Authorized capital will be a million pounds sterling in shares of 10 pounds each. — e WILL PAY EXTRA. NEW YORK, September § (&) An extra dividend of $1 a and an _increased quarterly div idend of $1.23 A share have been de- clared by Air Reduction Co., placing the stock on o $5 annual basis. Both are payable October 15 to stock of record September 30. In the preced- ing quarter a regular dividend of §1 was declared ter of the la dends of $1 a shar PRICES ON PARIS BOURSE. PARIS, September § (P).—Trading was quiet on the Bourse today. Three r cent rentes, 49 francs 90 centime: Exchange on London, 164 francs § centimes. Five per cent rentes francs 35 centimes. The dollar quoted at 33 francs 91 centimes. L0SS IS REPORTED. NEW YORK. September 8§ (#). - two vears extra- divi were Federated Metals Corporation reports | months | net loss of $6: 03 for the wild | as a food | s a revenue | ¢ | est share | and in the third quar- | authorized. | WEDNESDAY, COTTON ADVANGES INTODAY'S TRADING New High Marks for Session Set by All Months Ex- cept October. By the Assoicated Press. NEW YORK, September § | futures opened firm. October, December., 18.13; January, 1818 March, 18.43; May The mar- ket opened firm today at an advance of 10 to 14 points, with all months except October making new highs for the session in response to firm Liver- pool cables, further advances in the futures market for Egyptian cotton at Alexandria and prospects further showers in the South. December sold up to 18.15 and March to 18.45, or 14 points above yesterda closing quotations, but these prices attracted a good deal of realizing which probably was pro- moted by uncertainty of the showing of the Government report due at { midday. ‘There also was some spot house selling which caused reaction: of 8 or 9 points before the end of the first hour. Liverpool attributed Cotton 17.93; the ad The weekly report of the Weather Bureau made a bullish impression and there was a spurt of covering which sent the market about 19 to 22 point net higher. December sold up to 18 and March to 18.50, and prices were within 2 point or two of the best when trading was suspended’ to re ceive the Government crop report. The latter placed the condition at 59.6, and the indicated yield at 15,166,000 bales, about 400,000 bales above 1ze of the recent private re 1s report showed gin- bales prior to § compared with 1,886, 99 last New Orleans Quotations. NEW ORLEAD September 8 (#). —Cotton futures opened steady. Oc- tober, December, ary The market although c Near. menths opened irregul today ies were better than due opened 2 to 3 points down and more distant positi to % points up. The ma rallied on buying, October 10 17.97, December to 1 anu- to 18.0 or 12 poin up from early lows and 9 to 10 points the previous close. The mar et lost a points near the of the first hour, but was steady while waiting for the Government re port duc at midd REVENUE FREIGHTS ' REACH HIGHEST MARK the abovy ‘Loadings in Week Efded August 28 Exceed Previous Records by 11,795 Cars. < of rev | the st week ended 4 Railway enue fre k in_history in the ust 8, the Ame n 1tion announced to s the week was 1,1 ight re: 233 s uring the c week of August 2K. 1 wd also represented espond.- The in- ing new an cars over the previous | Loadings have exceeded the million- o mark in 14 weeks this - ves this heavy freight traflic, the tion said, is bel wrried without « shortage. In setting the new record cos totaled 208 49 cars g freight 41 inand grain se of 4,904; 8. increase of 1 products merchand freight 2 produ live stoc 80,425 g incre nd les: : ore and coke SMALL TOMATO PACK EXPECTED THIS YEAR Crop on Delaware Peninsula Is But 60 Pct. of 1925 Yield—Better Prices Are Looked For. Special Dispateh to The Star BALTIMORE. September S, The tomato 1ze in the 14 counties the Delmarvia Peninsula s but per cent of last y ind canners, ticipate a pack of 50 per cent less than 1925, according to reports ceived al packers. Last yea hotwe abnormal and the pack and yield was about 1 - cent above normal. Two hundred will operate on e and the three peninsula canneries thi; canneries in the N counties nd and of the ‘peninsula packed 7.440,000 cases of tomatoes Iast year. A survey shows that 1926 production may be about 3 000 cases. A .few canneries on the Eastern Shore of Maryland started operations last week, while the others opened vesterday. The crop , ripened about two weeks ago. Due to the subnormal production this v canners on the hopeful that the canned goods situation will become more promising | Several operators still have a por- tion of last year's huge stock in storage. and the market at present DIVIDEND IS OMITTED. NEW YORK ptember & (). — Directors of the Jorgan Motors Co. to. day omitted the quam®rly dividend on the commen stock to conserve cash to | inance new developments. U. S. COTTON ESTIMATE. , A cotton crop of 15.166,000 bales of 500 pounds gross weight is indicated by the September 1 condition. which was 59.6 per cent of a normal. the Department of Agriculture announc {ed today ended May 31. 474.130. SRR, T S HAS BIG SURPLUS. NEW YORK, September 8 (&) In contrast to a deficit of $180,467 in the first half of 1925, Rochester and Pittsburgh had sur plus of $520.510 for the first months this vear. —_ o ORPHEUM CIRCUIT INCOME. NEW YORK. September’ § (#)— Orpheum Circuit and subsi port net income of $1,094,925 for the first half of 1926, equal after preferred dividend to $1.53 a share on the com- mon stock, against $1,091,368, or $1. & share, in the first half of 1925, Net sales were $29,-| the Buffalo, | six | S for | there to trade calling and covering. | ptem. | ched | over the previons | the i 2 Address Box 97-V, Star offi peninsula | EPTEMBER 8. 19%6. ON NEW WAGE SCALE 5,000 Employes of Railroad Benefit Through Increases in Pay Over the Entire System. | Special Dispateh to The Star. | BALTIMORE, September 8.—A new | wage scale, effective September 1, in- | creasing the wages of 5,000 employes lof the road, has been announced by | the Baltimore and Ohio railroad. | Increases were granted to machin- ists, boilermakers, blacksmiths, sheet metal workers, electrical workers, men, car cleaners and preparers and apprentices in all classes. Other in- creases granted were to helpers in all crafts, stationary steam engineers, firemen, oflers and coal ers and to all other employes coming within the scope of the firemen and oilers’ agree- ment, except common laborer: In addition, it was agreed to re- |store the time-and-a-half pay. which | was in effect prior to June 30, 1921, | for wor ays and certain legal are 2 cents an hour for all the classes of labor enumerated. The wages of the employes included |under the head of “all others within | the scope of the firemen ahd oilers’ \greement, except common laborers™” will be raised 1 cent an hour. The new schedule is effective over the en- th® Baltimore and Ohio system. | RECORD TIN PLATE OUTPUT. NEW YORK, September 8 (#).— Output of tin plate by American Sheet and Tin months this year hroke all previous rords, and production of sheets approached the volume of the in the company’s his- s against contracts st week were the largest week this vea A Fool and His Money. | he: fact that a stock certifi printed in fancy green s no proof that it is worth any more than ordinary wall paper. Thousands of people in \ shington would have saved their money if they simply had asked their banker to teil them what he knew of some supposedly wonder ful_iny received for any ment. Money to Loan | S et Joseph 1. Wellr re commission. Wash L. & Trust Bldg., 9th & F N.W. Columbia Permanent Building Association 733 12th St. N.W. Pays 59, Interest compounded semi-annually I| Melvin C. Hazen, President I Floya E. Davis, Treasurer || Clarence 1. Gessford. Secretary Prompt Action 'First Mortgage Loans Lowest Rates Interext_and Commission homas J. & Company, Inc. Wh Ntreet. 6 CONSTRUCTION 0O Loans D. C. and Montgomery Co. FRED T. NESBIT 1016 Vermont Ave. M. We Will Loan at 53 % Economic Conditions Tyler & Rutherford Loan Correspondent of the Mutual Benefit Life Ins. Co. Newark, N, J. 1018 Vermont Ave. M. 475 | WE PAY MORE INTEREST ‘ Than Any Other National Bank in Washington Interest on DAILY Balances | Come in and let ‘us explain ||| Commercial Nat'l Bank | 14th and G Streets Resources $17,000,000 . Cigarettes | An_exceptional opportunity is presented to share in the large| profits of the cigarette industry. ||| The increase in the use of ciga- | rettes is tremendou: Profit of | 1]/ 30% ean be realized from large and | Il amounts. Rigid investiga- Details on request. | | " 803 Wilkins Bldg. Main 6189 Bids Wanted On 20 American Coal Corp. (units1 Dikeman Co. of Md. (pf.) 200 Mortgage Bond & Guar. (pf.) ional Mortgage & Inv. (com.) 10 Sterling Mortgage Co. (units) [l 10 Wardman Mortg. & Dis. (units) I Mehlman & Company 1319 F St. N.W. Ph. Main 8847 We announce the removal of our @ Washington Office to 1001 Fifteenth Street, N. W. Telephone Main 7074 Redmendada. | 31.33 Pine Street, New York | Members New York Stock Exchange Philadelphia, Washingtos, D. C. | September 8, 1926 iaries re- | Albany, N. Y. Baltimore, Md. B. & 0. WORKERS GAIN | i i i 1 Plate Co. in the first eight| | i | ON SAVINGS ACCOUNTS || i i | il JOHN JOY EDSON, President Organized 1879 Asseots. . ..$5,136,317.2! Subscriptions for the 91st Issue of Stock Being Received Ra a2 2o 2as Sl Sl o SAVE SYSTEMATICALLY AND BE INDEPENDENT would “not Surplus. ........ SHARES $2.50 PER MONTH So many folks, whe save otherwise, are enthusiastic ahout our sis tematic Saving Pl the throng of happy. men and women who now, and at the same time, I something for tomorrow. 915 F Street oo, can join’ life The New York Life Insurance Company First Mortgage Loans state in the District of Columbia On Tmproved Real ! in Montgomery County, Maryland and Nearby Suburbs 3 Years, 5 Years, 10 Years 5%% Office Buildin Homes Business Proper Apartments RanparL H. HAGNER & COMPANY Tneorporated MORTGAGE LoAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 A Third of a Century’s Experience More Money from Apartments —mor¢ money for vou irom your apartments— can be more than a “wish.” Let our seasoned Management methods make it an actuality. \s specialists we supervise leasing. collections, in surance and upkeep. B. F. SAUL CO. Main 2100 925 13th St. X.W $1,106,195.76 Stability The fact that the improved Real Estate secur- ing each of our First Mortgage Notes is located in Washington, the National Capital of the United States, doubly protects each investor and insures absolute stability of medium. First Mortgage Investments Annual Return 6V, Mortgage Investment Depariment ON-&LUCH TIT 1ith St NWL You CAN DEPEND ON SMITH BONDS YOU can depend on Smith Bonds for safety. For more than half a century every dollar of interest and maturing . principal on first mortgage investments sold by The F. H. Smith Company has been paid promptly and in full. You can depend on Smith Bonds for in- come. The interest rate on Smith Bonds is the highest consistent with our record of no loss to any investor in 53 years. Current offerings of Smith Bonds, se- cured by first mortgages on modern, income-producing city property, com- bine tMe interest rate of 6!;¢, with safeguards that have resulted in our 53-year record of perfect safety. You may buy Smith Bonds outright in 2 to 10- year maturities, and in denominations of $1,000, $500 and $100. Also, you may buy $500 or $1,000 bonds by 10 equal monthly payments. Regular monthly payments earn the full rate of bond interest. NO LOSS TO ANY INVESTOR' N 53 YEARS || Send your name and address on the form below for descriptive circulars and for our two booklets. Founded 1873 SMITH BUILDING: Washington, D.C.--Main 6464 NEW YORK PHILADELPHIA PITTSBURGH BOSTON BUFFALO ALBANY MINNEAPOLIS Name. . Address THE F. H.SMITH Co, I