Evening Star Newspaper, September 10, 1926, Page 31

FINANCIAL. COTTON DECLINES INTRADING TODAY Southern Hedge Selling Fac- tor in Falling Market—Ses- sion Is Active. M he Aggociated Pres NEW YORK, ton futures 17.40: December, 5; January, 17.67; March, 17.86; May, 18.01. Renewal of liguidation and more Southern hedge seiling featured the opening of cotton market today First prices were of 10 to 14 points. was encouraged by relatively easy Liverpool cables combined with a more favorable opinion of the weather outlook. Stop orders were uncobered on the break. which extended to 17.51 for December or about 17 points net Jower, but at this figure the market stoadied on coveri Trading was fairly aetive at the stari, but taper- ed off after rallies of 4 or 5 points, The market was qiiet at the end of the first hour After Decernber's the early trading. the cotton ket became comparatively quiet and steady, There appeared to be a little trade buying as well as covering as prices approached the 171y cent mar while offerings were light later the morning. Favorable comment followed the Western belt for for partly cloudy and warmer weath- Cot- oher. September 10.- opened e Oc asy at a decline and local selling 1 51 mar- decline to in or. At midday December held around | the market 12 to lower. 1754, with about 18 points net New Orleans Quotatio NEW ORLEANS eptember 10 ). n futures opened steady. Octo- December, 17. January, 57; March, 17.77: MaVy, 17.87. The market opened stendy to Lh'e!“ pool was lower than due and as little yain was reported in the westernihalf of the belt first trades showed a loss of & 10 12 points. ease off with October trading at A7 December. 17.52 and Japuary 17 or 13 to 14 points down from Yester- day's close. At this decline the market recountered support from trade buying and prices rallied a few points from the lows. Liverpool Market. LIVERPOOL, tember 10 (A). Cotton, spot, fair demand: prices eas fer. American strict good middling, 11.36; good middling, 11.06; strict mid- Ming. 10.76; middling, 10.16: strict Tow middiing, 8.41: low middling, 8.46; viet good ordinary, 7.51: good ordi- nary, 6.76. ales, R.000 bales, inclnd ing S00 American. Receipts, bales: American, 5.800. Futures closed aniet and steady. September, 9.53 October, '9.39: December, 9.26: Janu- 9.2%; Nlarch, 9.33: May, 9.36; July, RECORD AUTO SHIPMENTS. NEW YORK, September 10 (#). August shipments of Chandler-Cleve. Jand Motors were the largest for any August in the company’s history. ex- ceeding 2,600 cars. while shipments in September are reported to be running ahead of August. Washington Stock Exchange 5e—$300 at 101%. 500_at 99 Washington 100 at 1021, K300 at 1027, Capital Traction Co.—-10 at 10; 0020 at 105 1051, 2210 a1 10 Potomae Fl 05 i torage pfd.—5 at 10, my‘n:-mm!-r Linotype—10 at 105, 30 at Peonles Drug Stores nfd. 5 at 105, AFTER CALL ington Rwy. & Elec. ntd —7 Monotyvs— 10 at 90 Call Joans. 5 and 6 per cent, ™ at 90 L Mones Bid and Asked Prices. BONDS. PUBLIC UTILITY & Telga. 48 & Telga. 4 ot Anacostia & Pot. R, R Ana & Dot guar. 5. % T Teleohone & P Tl of Va Capital Traction R v & Suburban 53 wtown Gas ist Elec. 18t 5% E el ‘el & Tel LT & i Fa T MUV & Au G i & Viec Flec. gen. 08 MISCELLANFOUS Chestout Farme Dairy 615, T e o Wie 6 ForCadnt ok Yamt Wi ity Rldg. 6y ash. Mkt Eled Pow Alex Alex Balto Lk ton ¢ W ashington Wash. Rwy Wash, Rwy. e Cold Storage Wardman Park H Blae STOCKS. PUBLIC TTIL & Telza apital ashington G Steamboat +eam ptd et NATION. National Capital olumbia Gmmereial et : Simers & Mechanics ederal- American second fonal Banik of Wash TRUST COMPANY ecurity Trust Rank American ontinental Serenania G ol k™" Washington Loan & 1 SAVIN Commerce & Savings.. FAn W ashineton e Savie & Com onih Street Yhred Staigs Wathington: Mechanics FIRE INSURAN merican S A earan TLE INSURANCE Colymbta Title : oal " Feiate e & 9 178 Co. Md a6 MISCELLANEOUS com ntd Thants Tran. & Storage {orchants Tran & Stor. nfd Mergenthaler Linotyve Narl Mtse. & dnv. pfd Proples Drig Stores nfd T.anston Monotyp. LUy Storae Washington Marky Unlisted Department. BONDS Tast 100 «105 STOCKS & Navs Club b Arm Clun 4lae Oty Cluh G Matropolitan Club 4%5s Vaiitan Heurtch Brewars Tnarimental Bank D Ratle dna: Co Pkt National Bank kiR Control Mimien et 0 YT capiol Savings Northeast \nlvsssk“n\k Nari" Gevinge Ban e Savings Bank Hotel (o n “Title Bank ing. Co Rare oh. AR Rall Woodridge & Langdon S. Bk. 12 the | cast ! Prices continued to | 12,000 | THE EVEN NEW YORK CURB MARKET Received by Private Wire BY WIL F. HEFFERNAN. | NEW YORK, September 10.—Fx. | cited trading in the 634 per cent three- vear notes and the junior stocks of Warner Brothers Pictures, Inc., over- shadowed everything else in the pro- | ceedings on the Curb Exch i - ik ange today. | whe market as a whole was active, | ulth the ofls and other industrial | specialties scoring substantial ad- | sances én'lhni renawed wave of huying | v ained moy | o e mentum as the e | n the case of Warner | CIn issues buy ing right along has Teen hased on the ':m fit ex)fo()m! to he derived from e new Vitaphone end of the com- pam’s business, but heretofore has heen confined mainly to the A shares | listed on the Stock Exchange. Today | t was the bonds which commanded most attention. Spectacular rise of | more than 10 pointe in this issue nc. companied the unoffic report that A plan was under consideration for | retirement of this obligation, along | With the A siock. According to the | Pl of the company bonds are pay- | able at maturit: or receivable at any time on 60 d135 notice, either at 105 or at 100 plus 71, shares of the com- mon stock. Tr. view of the conversion privilege it was natural that they should have moved forward sharply ' NEW YORK. Septem 10.—Fol- :u\\:n’;{' le a Irw‘u of bonds and stocks raded in on fhe New York Curb Mar- | ket today: i Sates in ndreds, 1A0h p Al K 1 2 Pk 45 Am L& T Pw & L pt. Pub Tt ' o Seating pr" Seating v Superpow Am Superpow B 321 Am Sunow of pf. 255 Apco Mfg Co A. 128 Awo Gas & Elec 3713 Eelt o o, Atlas P C hei 441 Auburn Anto G | cock & Wil | LY | i > 353008 B E W on. Rordan’ Co Brad Firenr(e | ‘;l“(llv m Tm\R-.... vn City 1 Celotex Ca pid Cen Aguirre Sug Pin Cor G & ¥ n'ptd wi mmonw P € n mmon P n nfd mon P € war nsol G Balt n onsol Taund nt'l Tob Ine M rt Co rt Pub Co pld 1 De For R € Doehler D dominion 8. or & D P de N&C ' wi 17 Durant Mot . T huz Co ‘A uz_Co ‘A R & Shootd B & Sh n cor El Invest Ine.. 4 gin Nar W o 91 ) Pow Cor new ‘o1 o o et Forhan Co'A. Foundatn For A < "Theaters. 4 mewell Co 55 Gen Bak A 65 Gen Bak B Gor loe Cream b wi 1 Grimes 2 Thabir K i Hazeltine Cor 1 Hires Ch # Tnd Ray 13 Inforn_THti 2 Johns-Many evsto Solether. Landover H € Leh Pow ne 14 Leh Val C ofa.’ 31, Leh Val i Lih Owena i h & Fi Mot Rad R Meneel Tox Mercantile St ¢ ohawk Hud P Moh Hi P 1t f 1 Valley nw Moore 1 Municipal 2 Narrang El Pow 0 Boiler [ R Northe Pac Steel a1 Penn Ohio L Penn Oh S n Wat | established in ¥ Direct to The Star Office in sympathy with new high prices for the junior shares. Oll shares were featured by fur- ther heavy buying at advancing prices of South American oll shares. Cre- ole Syndicate reached new high prices for the year on reports that merger plans have been completed for the acquisition of the Condor Ofl Co. of Venezuela, thereby expanding the scope of the company’s activity in South America. It is understood {hat bankers prominent in Lago Oil recently have hecome interested in Creole Syndieate. Carib Syndicate and Venezuelan Petroleum also game in for Attention. Revival _ofg the much-talked-of merger befweén Public Service of New Jersey and United Gas and Im- brovement resulted ip much higher prices for the latter shares at the ame dime that the former was sell iz at new ‘high prices on the Stock Sxchange General Motors new continued to be hought and sold within a fraction of a point of its best prices reached since the stock was admitted to trad- ing. A new high for the year was eshman Radio when the price got above 321z, while Glen Alden Coal retraced most of the Amount which came off the price as 4 result of the stock selling ex-divi- dend. 7 Venezuelan Pet .. STANDARD OIL 1SSU; 800 Anglo Am Oil. 300 Ang A O non vie 180 Borne Scrymser.. 180 Borne Scry 1t 600 Chesebrigh Mg 2500 Continent_Oil n. 350 Gal Sie Oil. ... 160 Gal § O pfd’ oid 50 Gal S 0 pfd ne 1800 Humble Oil & R 101 P L... L 100 Imp 0 of Can'n 2000 Tnter Pet a 100 Ohio_Oil 300 Prairi 10 Sol 100 Southern 13008 0_Ind 100 S0 Kansas. 10080 Ky . 5008 0 Nebr new 008 QN Y, (v 208 0 Ohio pld’ . 1100 Vacunm Oil ... 1 ~BONDS thousands. T AIm_ 7% new ‘33 106 : 46 Am Gas & El 6210015 100% 51 Am Pow & Lt fx 100 © 893 . 5 Am Roll ‘Mill 6s1 20 Am Sesting 6s. 8 Am U6e A 3 Anaconda 68 ... 10 Appal El Pow’ br 16 4ss0 G & E 6510 18 As Sim Har 6158 9 £ AU Frait A 19 9 Beaverboard 5 Belgo Can_Pap 65 101 7 Buf Gen EI B8 A 10 1 Can Nat 7 25 Caro_P 39 Cit el Cit Serv. C G Bal By Cons Tex 88 . # Cont Cor Am Am | in units. Sales in & [ 1 i TE 1 El Refrig @ Fiat e . 6 Fink Tire J0Fla P & 1. 2 Gal Sk Pet 114 Gatineau Pw 55 Gatineau Pw T General Tet 6n. 10115 1GY J&RC‘«?'u‘A‘JI ‘3:;;‘,3 BGr Trunk, 61581085 T @&uif O Corn ba 1005 1 Ind Lines 6a 0 28 1Ind O & G 5ind P &1 5 Int Gr No 10Int N G Bs. ... K 1ot 3igd 3 Lehigh Pow A ews Ine fig s S8 of St ir Wi al tic col tu at m s na T in in; sil sV St of to {of of I p | {of [in @ [an 100% i 111 4 Ohio Riv Ed b8 100tis St 62 4 a4 50k NG 6las wi 4Pan Am Pet 6s 74 Pern Ob E 684 4 Penn P&1. 5s 32 E 7 2% 1023 FEEN i3 Pure 0 C 104 Servel Del Cs. . 1 Schulte’ R % Shawsheen 5 100 101 971 Southea P, 5 SO N Y 6158 2 8tz Mot 71 15 Swilt & Co by # Transcont Oil 75 BONDS, 100 101 { B o TS Rub 6158 b 10015 100 Phil Morrix i Pillsl F1 Ml BPug S P& L VPRug s P& Ll Bak i Bur uw P&L new P b nfd [ T Southw S R 5 Stand Mo 181 Pow & 2 Stand Pub C i Stroock & Co istutz Mot Tntl t LUAn A Riscuit. B.. G lmp C P onw A ii-Shoe Mch € T Reclaim, Ll P& Lt B ( Mch 1045, Bros Pic 3613 26 141 5610 STOCKS 11 U 17 Uni [ in hundreds 03 10 10 Am Tin Tung . 1 10 Calumet&lerome | 1 Dolores K oeaus Min K0 o4 Cons. . ™ ol Hawthorar Hecla Min 5 Kay Copper N7 Zine Inissine S0 Am Goid & Spearhead Gold 3 Tono_Belmont 1Uni Verde Ext I Itah Apex 1 Wenden Con 10 Yukon Gold 3 Am Con Oifids, 6 Am Maracaibo ¢ 15 Atk Nat Gas. " 48 Reacon Ol . X Candinal Pete pib Synd Serv new ¢ pld. Er et - 9 Creole Synd 2 Crown Cent Pete 4 Derby O & Ref.. 1 Derbe O & R pi. 4 Euelid Ol Co 10 Gibson Oil Cor 16 Gull 0l of Pa 5 Kirby Pet 21 Leonard = Onl 1 Lion Oil Mex Panuco 1 Mount Prod 2 New Brac R New Mex Land # ORio_Fuel Corp 4 Pandem 01l 4 Peer _0il Corp. ! i Red Bank Oil 1 Retter-Foster Oil 10 & R SEPRESRE ST T & rE 48 Tidal - O R Pid Osage O N ¥ Tide Water 011 © Tiue Wat Oil pfd® L Beasi e s CEICE R R T g B |® | London | Parisy [ steady. FOR 10 And Nat_Cor Fand N € 68 ww T Antig B i Bader: o Buen Ajr 14 Buen Alr 5 1 Al 11 Burm & W 1 Dan Conw 5las i Aie & 1w Fr St Bav B1ys Ger Con Mun in Be171 151 [ a1y '™ | pate next and unchanged at ton. 0 s o Ty a0 fin 13 RC € 13 Buse Govt uss Gov 3 Sanda Falls bx A 12 Sax Pu Wk 6 S M1 3 Siem & Ha 18 Siem & Ha Thyssen I & S T 81l _Wks Bil 45T St Wks 618 A BT St Wha Blox C 0 Westp U El 6158 ix dividend. FOREIGN EXCHANGE. (Quotations furnished by W.B. Hibbs & Co.) Nominal Selling checks rold value. 3 4 R0B3 §4. 05, 0R AL aR 1y 0L 00k pound Montreal. dollar franc Rrussels, franc. Berlin mark Rome. lira Zurich. § Athens. d; Madrid. peseta Vienna. crown. 0 September 10 (&) Foreign exchanges steady: quotations Quotations (in cents): Great Britain—Demand, 485 1.16; cables, 485 9-16; 60 davs on banks., 481 116, France Demand, 2.8613; cables, 287%. laly—Demand, 3.59: 3.60. Demand—Belgium. 2.72: any, 23.811: Holland. 40.05; 1.9 Sweden, Switzerland, 19.311g: ireece, 1.1413: Poland, slovakia, 2.96; Jugoslavia. 1.77: tria, 14.1213: Rumania, .50: Argentina, 40.50; Brazil, 15.31%: Tokio. 48.95: Shanghai, 68.871: Montreal, 100. CALL MONEY FIRM. NEW YORK. September 10 (£).— Call money firm: all loans, clos- ing bid. 5. Time loans firm: mixed collateral, 6080 davs, 4%a4%: 4.6 months, 47a5; prime mercantile paper, 4% Norway UNFILLED STEEL ORDERS. NEW YORK, September 10 (4).— Unfilled orders of the United States Steel Corporation on August 31, made public today, amounted to 3542335 tons, a decrease of 60,187 tons com- pared with the end of the preceding month, fol | th | tn o Spy | trial needs of the country creasing demand for the manufacture |of material for export to the United are engaged sources felt that the needs of the power had been provided for year 1942, for this end is already in evidence, the agreement whereby on the Ottawa River, are to be de- ! veloped. forms the inter provinecial bound Under terms of the agreemant power ported to Ontar | states | regarding opment consumpti : ing evidence of the industrial act used | populated been at least 7 | corresponding | her shoulder ous burdens she lifted during t and to recover from the slump which and | opment NG STAR, WASHINGTO CANADA HAS HUGE |EGGS TO ADVANGE, D. C.. FRIDAY. SEP POWER PROGRAM, TRADERS PREDIGT Billion and Third to Be Spent in Next 20 Years in Land to North. BY J. C. ROY cial Dispatch to The Sta MONTREAL, Quebec, & LE. Canada. Development on such a scale ptember 10.—Within the next 20 years a sum approximating $1,300,000.000 will be wpent in developing the water power will be (uired to keep pace with the indus- nd ates. It is certain that the ibuted by American care?alis in exploiting of the Dominion orld meeds for pulp and uminum produc s and other n When me. Now Niagara appears puny stream compared with the bined tons of water which are turn rbines in Canadac” the to ggara was harnessed it w North for the in- greater portion of this vast sum wil be _con- ts. who re- meet paper, ashestos fabrica- s to but a om- Chat Falls Development. Experts here feel that it ble Ontario will have ost of her avallable strea auxillary supplies. Prog having the, ster provinces reac The river at th by Quebec may on equable The agreement between the and the the emendous r the Bay sert a new tuation in stems inferloc ot needed utilization of Fundy factor into the the Northeast ing into gian prom ates But apart from Walatka presents a limite Chat ix prob- ms Then Quebec will be looked to | ress 1o hed an Falls point be ex- terms. United maritime provinces of e and fall of the tide to | the ises power . with t pewer lines running in a network over both Edstern Uanada and Eastern United ¢ Quebec Ontario and the maritime provine power development of the remainder d field. British Columbia’s Possibility. ™ British Columbia, of be utilized, but apart utilities and public cities, the Columbia the Dominion. A greater electric power per inhabi in this country for \rposes than in most more tereritories. The generated in Cana 7 per cent great the corresponding period ad 38 per cent higher than period of 1923. beginning te current Canada s just llowed the post-war boom 1920, One factor in of electric current o—fiecessity of compensati e tremendous loss of man ffered by the Dominion dur war. | ar a | so mi of se I jof it i in fu n | tons. [in | B | Ba Bank of | Be: | ca Ce .. ofd, .. Clueti; Peah ‘fd. Cor |er In: | I Bk Cal T Kr Li | National Tea' [ NY | Pr Pr Quabec Reelsilk Hoy Reid | B3 s ¥ Wis Riv Pr ol eables, | | SHORT-TERM SECURITIES. Ger- | veloped an increase of manu for export and the fou also means that Cana {an ket heavy Americans Investing. he plans ro-electric plants und basis for ent. Tach unit menng also additional man power. seem to industrial of water Do the empl I ttlements, Wwith a owth in agricultural populat da will asingly power! the United States in worl for manufaciured and s¢ products, as well as in iner hed and agricultural exporis. American eapitalisis are n indful of these factx and ar « themselves in a position t inv ' & An prosperity. ture Canid tments 1o participate course, there are milllons of horsepower yet from coastal streams entering the Pacific atter supplying power for mill tories British Co the s, fac- the West of t province is not expected here to develop sufficlent current for ex- port purposes for years. 'he growth of hydro-electric devel- | in Canada and the domestic ! on of current gives stri vit portion tant is industrial thickly amount da has er than of 1 for the o shake free from the tremend- | he wa of 1919 the devel- has been ng _jpr per ing the regarding Canadian hy. form a | devel - wer de- oyment means factured products nding of new corresponding | fon. Tt become | tul competitor d ma mi-fin- n grain ot un- re plac hrough in IRON INQUIRY BETTER. eptember 10 n in NEW YORK. quiries for pig t_ show ness exceeding Owing to reported low consumers’ hands, dealers an expanding demand o few monthe. Prices Bastern Pennsylvania, a iffalo, for No. . DIVIDENDS. Pas- able. oct Qet Pe Corp riod. Rate. nic of Am Man mirice, Crm nr"u;fl 0., 7 at St Elec Do. 1d. nt G & Elec. Do.." part ofd.. Do’ part pfd Do 7 RART3 2. AT own Fi e RS D AT & T oo, Haoaani ess & Co pfd on Oil . 2 3 D1y Do.. P o Air B att & W1 i Do.. hack div em ‘Gold Min Power. . nid ake t AR i Do. > nid. Tee Crm feway Stres uthern R 0. id 4 Gas & D Do 1 175 1 0000CODO0C | £OODO0CO0C | £0EDO! ¥ 19200 com Oct. Q S0.75 Oct Q1% Elec audou ine .. AL (Reported by J. & W. | Adirond, P. & L. C. 63 1820 Alum, Co. of Amer. s 1933 | Am. Tel & Tel. Co. 4x 1824 Anaconda Conper da 1920 Anaconda Conper da 1976 Assomated Raltimore Rell el of C Can Conral ot Georgia e 192 Ch [t Fi b | ) I Coiumb. . | Continental G oodyear T. & R Great | Hershe: | Humble 0il, New York Tel | Orezon Short Line 4s 1920 Penna_ R. R. 43 Sinclair € Son B sid.oil of N. V. 6 Swi | E'nion Ot of Calit. Union Pac Tnited 1. Westinghouse F &M Wisconstn C. RC, Jas 1927 0il & O igm 1 Nor. Rs. Co ni.. Mil. & SU P Ha 1y of Lyon s 1033 & E. 1st 5% 09 & E_5« 19 rp. Be 1998 5e 1098 orthern 7s 1936 orp. Pa. 5lpe 1928 Choe. Co. 5is 1940 518 1037 Slas 1046 w1830 G 194 sher Body C nlf Oil ase. Gas orris & Co. 1931 ire 01 Co. 615w 19 Sil P! €. B jid 4e 19 . 19 5e 1942 o Pac. & Co &P, S Riihher 810x 1828 & Smalting To. 513s 1935 1931 32233325352 FrerEY Y X the Seligman & Ca 1 Bid Offer. | P) improvement, 10, stoc] antlel- ver the are firm the hase of $21 a nd §19, 2 foundry grade. Butter Unchanged—Heavy Sea Food Sales Reported Today in Center Market. A further stiffening in the wholesale price of eggs was in the offing when local commission men opened today. Tocal retallers said they momentarily expected to have to raise their whole. sale offerings from 38 cents to 40 cents or more in order to attract the best quality of the product. Fresh selected or candled eggs t day brought from 36 to 38 cents dozen and top grade hennery eggs |40 and 42 cents. Butter remained firm at 49 cents for the best creamery brands, | Th usually heav was evident today, with wholesale prices as follows: Soft crabs, plentiful and large size, $1 a dozen; hard crabs, also plentiful, 60 cents a dozen; crab- meat flakes, 40 cents a pound; salmon, 20 cents a pound: halibut, 25; bass, 15: croakers, 10; trout, 36 a barrel of 200 small fish and 15 cents a pound for large trout: butterfish, 10; mack- {erel, 8, and cod, 10. Potatoes went up sale, selling tod; 5 white potatoes, but sweets came down from 5.50a6.00 to 5.00 straight. To- matoes went up to 1.00 a half bushel, whereas y sold for as low as 50 cents. Today’s V Butter—Fancy, 1-pound pi 47; store packed, 33a35 Eggs—Fresh selected, 36a38: hen- nery, 40a42; current receipts, 34a3f. Poultry, alive—Turkeys, 35: Spring roilers, 28a30: white Leghorns, 24 fowls, 26a27: voosters, 20: duck young, 20; old. 13; keats, young, old, 35a40. Dressed—-Turkeys, broilers, 33a38; keats, young, 80a90; old, 40a50. Live stock—Calves, choice, 14; me- dium, 11a12; thin. 7a8; lambs, 14. Today's market report on fruits and vegetables, compiled by the Market News Service Bureau of Agricultural Economies, says Apples—Supplies fish buying 25 cents whole- 00 a sack for le Prices. ints, 49; liberal; demand market dull; bushel baskes land and Virginia, vavious vari- large size, 151.00, mostly 1.00; few Wolt Rivers and Fall Pippins, .27al Cantaloupes—Supplies liberal: de. mand slow, market slightly weaker: Colorado, pink meats, jumbo flats 60265; 85, 75: jumbo flats 9% and 1.00; standard flats 12s and 15 Salmon tints, standards 36s and . 3.00; jumbos 36s, 3 standard flats 12s ‘and 15s, 90; jumbo flats 1.00a1.15. Honeydews Colorado, standard crates 5% and s, 1.75a2.00. Grapes — Homegrowns practically supplying the market for Fastern 125, Lettuce—Supplies moderate; demand light, market dull; New York, 2-dozen crates, big Boston type. ordinary qual- ity and condition, 1.00a1.50. Colorado, crates leeberg type, 4-5 dozen, mostly 7.00. Onions— Supplies moderate; demand light, market slightly weaker: New York. 100-pound sacks, yellows, 1 No. 1. 1.50a2.00. most 2.00; Massachu setts, 100-poun sacks, vellow u. No. 1, 2.10a2.2 Peach Market Weak. Peaches - Supplies heavy: slow. market weak: Maryland, ginia, New Jersey and Pennsylvania, bushel haskets. Elhertas. very large size, best. 1.50al.75: fair aeondition medium to large size, 1.00a1.23 ew Jersey, bushel baskets, Hales, very large size, 2.002.25; Mary land, bushel baskets. Hales, ripe, medium to large size, 1.00. Potatoes—Supplies moderat mand light, market firm; New 150-pound sacks, Cobblers, U demand Vir- de- ersey, No. 1, —Supplies Nberal: de- mand slow. market dull; Virginia and North Carolina, cloth-top stave harrels | vellows, N | ; ungraded, some small size, 3 | early sales reported upplies light; demand light, | market dull: homegrown, sacked, per dozen, sugar corn, 15a2 Cucumbers —Supplies liberal: demand lieht, et dull; New York, hushel ets, fancy, 1.00a1.25. Peas—Supplies moderate: light. market dull; Colorado. 50-pound erates, Telephones, 7.00a7.50. ! demand | | B | | ACTIVITY EXPANDS. I NEW YORK. September 10 (#).— ctivity in iron in the Youngstown {atstrict for fourth this expanded, sales in a leality the {20,000 tons, i | quarter nearby lo- amounting _to $17.50 A a h: last week Prices vary from o 18 ton for No. 2 \nd Basic. Rooks are being opened for fourth-quarter business in mer- {chant steel hars and plates, makers {aceepting plate tonnages at $1.90 per 100 pounds, but xeek 2 cents | for hars, WILL SELL EX-DIVIDEND. NEW YORK, September 10 (#) A ruling of the New York Ntock | Exchange that General Motors com mon stock shall sell ex 50 per cen stock dividend on Monday will end transactions in have been seeking profit through urchases on the Stock Exchange and sales of “when issued” contracts on the Curb Market. PRICES ON PARIS BOURSE. PARIS 10 (P).—Price: September Three per cent rentes, 49 francs centimes; exchange on London, 169 francs centimes: 5 per cent loan, 53 francs 40 centimes. The dollar was quoted at 3% francs 99 centimes. dav., DRY GOODS MARKETS QUIET. NEW_ YORK, September 10 (Spe- cial).—Cotton goods markets were quiet today, with prices steady at 77xc for 64x60 printcloths and at 68xT728. ! changed in price. | §0 | 1. 'some medium size, 3.50 | Foundry | pound | which some traders | 87¢c for | Raw silks were quiet and un-| TEMBER 10, 1926. Your Banker Knows. When in doubt about a security consult your banker. It is equally ax much his interest as yours to protect vour savings. You your deposits — why with_your_investment Mortgages Shapiro-Kats Realty Co e ey o 9111, Ask for Mr. Abrames not—trust_him roblems? WE FINANCE | —all classes of income-producing proverty | Large Loans a Specialty il Current int. rate and commission | Higbie & Richardson, Inc. il 816 15th St. N.W, Money to Loan Secured by first deed of trust on real estate. Prevailing interest and commission. 0 Wash 1, & T Joseph 1. Weller e Bids Wanted On Il 20 American Coal Corp. (units) | 50 Dikeman Co. of Md. (pf.) | 1200 Mortgage Bond & Guar. (pf.) | {200 National Mortgage & In: Il 10 Sterling Mortgage C: [l 10 Wardm | . (com.) (units) & Dis? (units) Mehlman & Company 1319 F St. N.W. Ph. Main 8347 n Mortg. Cities Sewigg Company Menry/{/Dvherty pary. 803 Wilkins Bldg. Main 6189 D. C. and Montgomery Co. FRED T. NESBIT 1010 Vermont Ave. M. 9392 conomic Conditions Tyler & Rutherford | .oan Correspondent of the 'l Mutual Benefit Life Ins. Co. | Newark, N. J. 1018 Vermont Ave. M. 475 | RENTS REDUCED DOWNTOWN OFFICES 1313 H St. N.W. | Adjoining Times Office . ROOMS } $15 to $60 Fireproof Choice Locations Available Open for Inspection H.R. HOWENSTEIN CO. 1311 H STREI NORTHWEST = Continental Trust Co. | 14th and H Streets Capital $1,000,000.00 delivery | Checking Accounts Savings Accounts Time Deposits Foreign Exchange Commercial Credits Travelers’ Credits | Travelers’ Cheques 1 Acceptance Credits | Collections i Real Estate Loans 1 Collateral Loans | Investment Securities Corporate Trusts | Individual Trusts Administrator, Executor Safe Deposit Boxes moved irregularly on the Bourse to- | | | || Continental Trust Co. ! 14th and H Streets Capital $1,000,000.00 Equitable Co-Operative Building Ass’n JOHN JOY EDSON, President Organized 1879 Assets. .. .....$5,136,317.22 SHARES $2.50 PER MONTH the thro men and now, and at the same time, laying aside something for tomorrow. WALTER S. PRATT, Jr., s«'r:lary 16th YEAR COMPLETED Surplus.................$1,106,495.76 Subscriptions for the 91st Issue of Stock Being Received AOIOEICAPLELOE SAVE SYSTEMATICALLY AND BE INDEPENDE, So many folks, otherwise, are enthusiastic about our sys- tematic Saving Plan. who would not save You, oo, can join ng of happy, carefree savers—- women who are enjoying life 915 F Street trust him with | ! 6 CONSTRUCTION | s O Loaxs | FINANCIAL. Stocks Bonds 0dd Lots Carried on Margin Buck & Company —RROKERS— tablished 1916 312 Evans Building 1420 N. Y. Ave. NW. Tel. Franklin 7300 Direct Private Wires to New Vork ® Wa have for sale severa excellent second triust note secured by high.grade resi dences in m.w. Wash some for one vear, longer. All ments. BETTER HOMES CONSTRUCTION CO. 1030 Investment Bldg. LiFE INSURANCE COMPANY OF BOSTON, MASSACHUSLTTS —is making prompi iouns on I ashington real estate at lowest currvent rates, through its local correspondent. BOSSEPHEL PS 1417 K Street-—Masn 9300 The New York Life Insurance Company First Mortgage Loans On Tmproved Real Estate in the District of Columbia and Nearby Suburbs in Montgomery County, Maryland 3 Years, 5 Years, 10 Years 5%2% RANDALL H. HAGNER: & GOMPANY Incorporated. MORTGAGE LoAN GORRESPONDENT Telephone Main 9700 Homes Apartments Office Buildings Business Properties 1321 Connecticut Avenue A Third of a Century's FExperience Increased Income from Your Rents . —does not always neces- sitate raising the rents. By having us analyze and Manage your rental prop- erty, we probably can ef- fect savings in operating cost that will leave yvou a wider margin of profit. B. F. SAUL CO. C_’.’S 15th St. N.W. Quality Dominance The quality of an Investment is de- _termined by its proven safety, its abso- lute dependability and assured annual return. First Mortgage Investments Secured by Improved Real Estate Located in the District of Columbia Convenient Banking Service Our two banks, ene in the heart of the finan- cial district and the other in the downtown business section. are admirably located for big business or the individual. If vou become identified with the uptown bank on “G” street, the privileges of the down- town bank are yours, and vice versa. Your account—commercial or checking—is solicited on the basis of convenience plus a helpful banking service. Second National Bank “The Bank of Utmost Service”