Evening Star Newspaper, September 27, 1926, Page 21

FINANCIAL, THE EVENING STAR, WASHINGTON, D. 0. MONDAY. SEPTEMBER 27, 1926. " PROES UNCHANGED | eV, vor.cums wwameer | COTTONDECLINES "™ A0 MoNex AVAILABLE ||| 7he New York Lite Inrance Company Received by Private Wire Direct to The Star Office \ (Continued from \mne-nth Page.) N CENTER MARKET . sz voms s rome e ON HEDGE SELLING e g oo 1 for development ||| First Mortgage Loans break at 40. traded in the Ni -y - % vigor unlfl 65, bexln to 2111 acres, between et okl e ‘;’,“.‘.!.3:3 k! “‘ ! As a business proposition, an am: oge Park - and On Improved Real Estate in the District of Columbia 1 Sales i INDU | bitlous man will’ eschew, retirament extending | and Nearby Suburbs in Montgomery County, Maryland Traders Welcome Cool| Minigh, = I™PUsTRIAKG, o n I Market Unsettled After First .“",‘li”h."‘:n.‘,'.“i"fg"n’w;‘h""J,‘.;I:'c‘."::“éi} [ e enen | 3 Years, § Years, 10 Years Weather—Business Expect- | ed to Show Improvement. the legitimate needs of himself and son Road, now offered e 0 2 3 Faed orthwes: Oil Nor Cen Tex Oil Fuel Corp Hour—Killing Frost Ab- | his family. for sale. % Prosperous men are just beginning || & Office Builds 3 — to develop a philosophy of retirement. HIS tract of land. about ten omes b ‘C. ings sent in South. Charles M. Schwab believes that | gt o Lmptaletel oo Apartments :! Business Properties every individuat- reac ing and in the heart of a rapidly his career when it is wise to step growing section. offers an excel- Ry the Associated Do« aside and give yvounger men an op- |l "o unity for a profitable | hy W YORK, ity suburban developmenty RANDALL H. HAGNER' & COMPANY - business men of certain tem- | 3 Uiet busiheasimer The property has a frontage of bk ; §2: a1 {1'se | perament are ready to qfit thelr il emmner oz A Wi ieivities naiore 1 is || 1436 Uleet o Washinsion MORTGAGE LoAN GORRESPONDENT 4 3 i ! it 3 b 10 retire. Moved Boulevard and is intersacted by - % e N e endie pbi sarvite the lines of the City and Sub- 1321 Connecticut Avenue Telephone Main 9700 imperatures down to the ! render pul ot e ot i the Texan Fam. . men of thix viewpoint give up their urban Blectric Railway and the HANAIE InOUIITAE ToAL: i o | Active business careers after they Baitimore & Ohio Railroad. The : 1 cobion gTowing Hett: i1 'the | have amassed great riches, and mere Riverdale 8tation of the Baltimore g Nip B Tt s 1 f X Celinbd ptolbl se e hanll sl AU B 2 ~ei<es 1o grip them as & Ohlo Railroad is about one- SRR RN LA : S j1 103 | market opened steady ; hanged | Acumulatlon « Half mills! oM (HaproaKty. . THe Sandé 1430 Humbie Off & R 3814 prices to a decl ) ! moving ideal. g 3 e, e - 100 Ty O Cany new 38 k Shie Blging A o e g the last war lesading husi trontage on Edmondson Road 1s Consol Laund . 1 1 e s e ST wlnk T e e cecutives closed their desks and adjscent to the lines of the T Ay i K00 Drairie &6 3o were though 5 S 2l \Lushington to sarve the GOV Washington Interurban Electric ‘ Ll reds the nominal salary of $1. Railroad “urt Pun pf bil 9 R 3 5 B0 Praiie ovemes o " ho e of - P fnt.'v;hr“n Wials 16 o] : e e e R A The idea was not dropped A plat of this properts and E . . o1 9 nt Motor B . p oo, ! \With the armistice. There remains @ t t i NS 0 Ky 1 bt SoulHers HE e % articulars concerning the terms ety B8 L SR AR B St e M T i armi, et et | et S quitable Co-Operative Building Ass’n 8| 0 O N 3 & & s an = & RUE t dolla ear m f - - . T 98 16 Vaduum il of Saturday, and also vome s D e e " ||| 0N so¥ EDSON, President WALTER S. PRATT, Jr., Secrétary oy WaTenng Sales in NDS on the easier tone of the late cables | goinang M. Baruch, Eugene Myer, | Mercant]le Trust i Organized 1879 46th YEAR COMPLETED ool Mor” ch 3 thousanthed Pk | S R s L {o< . and Bdward Bok. These men Assets .. ...$5,136317.22 Surplus................$1,406,495.16 o Sie Co1403 ; 1 Alumy 78 new " eased off from 14, : ve arvanzed their affaire so as to 3 C ey Am"Gar &7E1 a 1007 i cember contracts, ar about § peints o Refovéives: Masiices foEa guBte eposnt 0. e " % re ; - 0 el lawer: The marker wis untaiiled | perviee, : ! | Subscriptions for the 91st Issue of Stock Being Received Today’s Wholesale Prices. i P at the end of tie first hour, Although there is some tendency in | CALVERT & REDWOOD STS. ficyl 8 poind tmeinte, 51 2 p Conslderable price fixing and addi- | prosperous Ameriea to retire younger. BALTIMORE, MD. FOL2000000000004 et liont g ke 2 3 37 tional trade orders were reported in {the (rend is ihe rveverse in Germany |, E . e L I T A bl 1 the market for execution on a scale |and other Ol World countries where - - Are You Saving 5 . . &) Asso G T down, but this demand was hirdly | average folk were deprived of their|.— - e . . 5. o ceipts. Port ¢ E H Z 5 , & DI oo e s 2 L T 3 E] ‘(fi" iR ufficient to offset the selling fron the | investmenis through legalized cheat- Systematlcally mn broilers. 3% White " . Prod 2 [ I outh. A ing in the form of infation. As & Money to Loan R Ects ble? Powin | ; - duck ors R - . 38 i . | reault, men whe vonld otherwise ro. Secured b first deed of trust on real estate. the Equitable! young i S i; A Stores .. 82 " 1 ’ ) : 1 $temmoul Quotation s | hust continue on the job, cog | o BN piest o GRS B rruat Think of the comfort—saving a little G0 ol 33840, Ca-—Tirkevs, o Te s 3 P " g i 1 ; an alicady overérowded tavor | Joseph I. Weller *30,5'%03 3 each week systematically—will provide 42: rs, 33a35; keats, young. Sta ? ay Corm & i e Bery i LY n A 1 5 when you are old. What a jov it is to 90: old. 30a50. ' IR : i 25 - i . In this country the sagacioua indi- gSlance’ over your savings a few years Rl T Wme 8L 8T z o B lling, 827 s -| vidual will begin providing azainst old | hence and learn that you have a’ sub- 30; fresh ham i i 2 b v in his productive stantial fortune. Don't let another day loins, 3335: smoked hams. 341 . s X ""“""'" lee CimLa o ik pass without joining the Equitable's sys- 35 smoked shoulders, 2 5 B 'q huke Pr BiA 1 Eg B . hich add mpuision to ordinary tematic saying plan. Once started you'll Live stork—Calves. choi . Gy tingon Sch 6 07 Rk i inctading 5700 will power. I'ensions constitute a plan | = 11 never stop. dium, 11a12; thin. 7a8; lambs, 14, Marmon Mot. ... 8 ! ) rec L futuee v accompiishing the same objectives | i 5 Yensel' Box e & ¥ e . X In_ & spirlt of pacetnallsnt, | 5F Fruit and Vegetable Review. 16 Wi, S, Prod } ; December, 7.89: Tanus [y, | A L LAt | m 91 Street il Today's market report on fruits and A ic y E § . s § 8.00; Mav, 8.06; o 806 = s . Segstaties. complied by the Max A ; ; : Columbia Permanent u Illi m Enats RS indumn = D & i 29msi 2200 3 B9t S i 222200005 Cool weather this morning was wol~| ©omed by both dealers and patrons at the wholesale markets. Hot weather last week made business sluggish, and Vi while dealers sald they noticed no ma- el Corp terial improvement in trade this morn- iy e % R ing it is confidently expected that the AR change in temperature will help busi- nees. There was the usual slow Monday morning trading. dealers reported. consumers usually putting in supplies the last day of the week to run them over Monda Attractive displays of fruit claimed the attention of buvers this morning, more particularly those who are _gO- ing Cling peaches. very scare the past few vears, are on hand in the local market and are in demand for sweet pickling. Prices of practically every com. modity this morning were the same ax those quoted at the close of Satur- day’'s market. _EREEESES utures open 1 Vanezueian sndiey P | [ Salesin STANDARD OIL ISSU | Celotex Co pf . o 0 HpitRG o ! O P ik p P " Ang A O how v’ | RN ) Rhieye PL, i g’ E & Bump § 5 200 Chesedren A1ig | b Sa Gamaa =) I P P - 3» DA et News Servie nreau of Agriculiu N Laancs)lRal Bee ‘m. T oy Sias e R o ST e © i T o sLanity DEPQ“T“ i Building Association ] u; :u| Feonor saye : ; 3 Apples — Supplies liber demand NV Tl €6 ot 114 9 NEW ORLEAN * "7 B odcrnnie. minikel. Sealy: Wbkes North 20/ ¥ 20 IinaGe Mol 4 A depos P e Ig“ 5'1' N.W. Washington. medium to large size i . . L 2 \ 17 | Homestsad bufldin 1l loan aseoc 0/ combination” extia faney and fancy 3 1 y 2 35 | tions of Louisiana increased $11,800, | ays 5% '}lerefl Jonathans and Grimes, msoily 2.5 e piolur. e g p ;| 900 in the haif year ende, compounded semi-annually Winter hananas, 2 v fancy Phelp Dodee Cor 1; ; N P . k sding relimina Melvin €. Hazen, President Winter hananas, hei haskets, Phil Morrie . 13 b 2, o res given out the State bank Floyd E. Davis, Treasurer Marviand and Virein us vari T T e H S HERH |aminer. The resources of these asso- Clarence 1. Gessford, Secretary BiiEs e Eive: 10050 rimes, v b - E - % < i dations now - total S141,514.00 a2 O ized 1814 1.50: small 1o medium . size burits k. ptd BRI g which $103.000.000 is held in_this city. rganize e el el Saemand |3 A LIS o M 4 You're Offered e g .|<...,:4.( Yound. type, 25.004 } : Timin w12 3 First Mortgage Loans ) 0.00. i 0 ! ‘ Lowost Rates_of Intercst and Commizsion | i st romme ol oo HE 43 B3| AEFEEA B B AR oo e S | ) A SACRIFICE mnrlm,ufl market steady: New York. e ey . A \ : I 15th Street. We will gladly receive 2 era ¥ L. L. b ) Kap X toas Ty 1 . i & | a pes—Eastern supplies moderates| 130 & &1 K i es WAt o |~ FIRST MORTGAGES andigivelprimpliattction —that has been_stand- ) The rule is invariable. To demand lighi, market steady: New | U Soh ot € g™ pla 11y 111 " 113 2 b G 3 F to applications for stledl Bo over ancens & 3 b 2 i York. Z-quart climax bask A : Lopan . OR SALE Loans on Washington | 2 S ‘ i 2 gain principal protection and a G sl bbarate ieana : LB : oy © { 6Y2% Real Estate tury’s experience by this conservative rate of interest, supplies moderate: Export market steady: er Mat: x P s ! T Stoo shet 2 107 T™HE TYPE OF , CRITY Current rates of inter- bank, such service has the wise investor "sacnfices gas, mostly flame Tokays, . . 8 : 5 ST S _ - b . i mand moderate, : d 4 ; A =Rt EIRLIRY $750, ‘,",‘_’5‘.‘)‘6‘ ‘_‘:’d‘ Sowarde se —we canalsoltike canatob 1l BESTEUCtivERHEIps for naUnT of his funds. That is sound N l'v..y\'\fl\;..\"Jm. - N - soln 10du 10} (1 R B a7 .| cured on improved real estate you. Our experience, ex- erable business con- A Third investment judgment. By sac- condition 1.25n 1150, mostis : Ve N 1 ahan R A a0 4l dnedT BT ST tending over a period of || cerns and will prove of |}! o rificing principal safety also, it ulo. cra g vy 2 sales in MINING STOCKS. < | T Thirty-five Years advantage to your or- i b dozen, best, mostly 475 s rdi- | pales U, Is FOREIGN BOND 4 c | c is si Sew ain a P quality and condition tow as 100, | Baver cone a1 T : JAMES F. SHEA || --insurcs your protection. Century is possible elsewhere to gain a & 5 o 3 Carherin Motals { < Ruden oo 5 gamzauon. g se of high st. B \Dmous s Eunnies ¢ lights * demand 3 i IS oy 4 P H R “ c e promise of higher interest. But i arket dull; Mic ani In Jesson G M ant; oo 2 = 4 ] ==L K1 e 7 hi: mariet ull: Michizan and 10 fretion Mo VR ¢ : . ercy ussell Lo. || Let's get acquainted for 11sthout we do not counsel that. We diana, 100-pound =acks yellows, U Yolores Esper 4 4 CE 8! § h | 2 i = Gld M Ld i - 926 ISlh S! N W. Jlfgmucueitaiacesenen recommend our No. 1. mostiy .00 mand moderatc, merket firm: Penn- 1derome V' Devel 50 syivania hushel b 13 ek'hertas, 4 Knr Copper Cor medium o larse - 10 Blymantn L8 . on, LTRSS 7 e o fom 2 - Watrior. ... 43 B xvfi,fl' [t Tz % D. C. and Montgomery Co. bnfr De, fm‘xl Boxes 0 Ger Con N Peachos - Suppties moderate: de-| . ° E rer N i fe oo GWCONSTRUCTION — 3%, Paid on Savings ||| Loss meatun, o 1 We Buy and Sell 6% FIRST MORTGAGES 1.60a2.00, most! ura New i East Min. . 4 Ttal Pub il 3 York, bushel Luctota Elbertas, me XN Vesdo et . . Krupp Fried I " 1010 Vermont Ave. M. 9392 ¢ . dium 1o lar wstly 1.75; Roches. e %, pust, : ters, large size. 1.75a2.00. ) Va p o ] . P e T A o = | e ropo an ears Supp Jderate; 1s 2 o A Bk Den 6 100 e et L Sales INDEPENDENT OlL STOCKS. i Meariln #8104 ] reasury Notes i New Jersey, 150-pound sacks, cobbier: Serv vfd, . Aition ; 5 ol ol Fatoblished 1916 . mostly 4.00; some falr condition, low . < The Washmgton Lnn 3 ROt e, - Washmgton Rwr. & Elec pfd —7 lfiB‘ Corn. supr JEht: demand mod. | Rost Nanional Hank-=10 2t 148 A at 448 erate, market firin home crown AFTER CALL. dozer, sugar corn, 15a2i, Lanston Monotype—10_at 00. Py wiaBER R 00— oderat riet st ew York, |} ¢ - 2 2 e e Bty e 1. gk | P AT RERA Stocks Bonds v Bank e B. F. SAUL CO g : Biglier-ome o, 3 Am Maracaibo ( C Hal 76 : 0dd Lots Carvied on Margin Etc. old old . . . Potatoes—Supplies moderate: de-| g0 PRBEP Jg: 11 I [ Capital, Surplus & Undivided s ik Buck & Company Bond Department | || “Profits over. szanos00.0 Main 2100 925 15th St. N.W. U. 8. No. 1. mostiy’ 4.25: Maine, 150. ,!"."‘.",,Q.Y,‘.g“l'lng . as 3.85; Michigan. 1»0-pound sacks, 312 Evans ‘Building ¥ & . 1, 4.00a4.10 usser ,":,.. “ S i | Washington Stock Exchange ANTERS URGE[] 1420 N. Y. Ave. N.W. and Trust Company Worih Carolina, clothiion stave bar:| saLEs H B et 500 900 F Street mand moderate ket about stead Serv e G West Un E 825 1 LT | 15th St. opp. U. S. Treasury pound sacks, cobblers, U. 8 i 1 Cous Rovsities i el ve ho 1 me meditum | . Washington Gas Licht—10 at 70. T at| Direct Private Wires to New York | 620 17th Street (nnnnomn 'T\\l‘! Co.—10 at . 10 at Peas— Suppiies very light: too few ynenty sales reported to quote. Cabital Tracfion Co—30 at 103%. 10 at » Tomatoes ppties lights demand | 880 0. Electrie Power ntd.—3 at 105 12 Bankers of South Taking moderate, mavket firm: home grown.| Geor oo ar B half bushel hampers, 75a1.00, few low | Rotomas Electric it £.781,000 at 18 Steps to Help Farmers. LO ans On Money—Call loans. 5 and 6 per cent. FOREIGN EXCHANGE. Bid and Asked Prices. Affects Whole Nation. e BONDS. i Suburban Homes ”I} il etk Shouks PUBLIC UTILITY. BY J. C. ROYLE. ponnd SN sl rican Tel. & Telga. #s.. 88 %L | Special Dispatch to The Star. i 7 dotlar L : A:E:r;i:l‘{l:r’f; " ‘g ; - W YORK, September —in-D. C. and ncarby Maryland, u 8 AT R e B 22001 [ DRgent Sppeais wie eisg mide to ihe made promptly at lowest current Al & 1""‘ °0s e s cotton planters of the South to hold V8% ; St F..&N{,‘m":_.:‘ " 0% 1.0 | their cotton. Bankers in that section rates. Also building loans and ; CAYR' Shimursan Ba. h rowr Srgetown Gan 180 58 e taking steps to aid them to do so. Lalen = o e i FI‘:';“'.’".,.‘.A,’.“" B \ fainEne i S| ey say it Iooks as though the fa re-financing of maturing trusts. At the dawn of history, when man- Waat. iy gt 5 22210 | mers may pay dearly for their deci ! kind was emerging from savagery, ) nhagen. “orosn . r g & rid. ; - | sion to increase cotton acreage in the a 2 khotm. erown : n Al MU Vor “i6"" | tace of the most earnest financial ad security was found only in the pro- ; . : Cice, and thAt if they do, the condi- ] u / TREASURY CERTIFICATES withinzton ga' 82070 N SR Wit ety e the OSS PHEL tection of the big club in the hands R RV 4 Blec. een. 4 16311 3 {h"i"*'n:‘:'\;’ls“:.-::: ;:[.:L: \;‘ilfu"l . Tex., FOUNDED 1907 | of the strongest man. With the H“FHM“H’U‘ vith th romise of aid from the . S - 3 —— T il heginsoniee ft AR EEE e RO — | bestial instinct still predominant, Nt Stan Bk a8 "7 _|started a_movement to take a million / beet—Mamn 9. men fought for what they obtained Pnl Joint Sto q H - E r i Il Southern Bld . . 0 e bales of the Texas crop off the market . . 10 1516 100 1518 3::.’:......“'».5’&"‘!53' i AR e o I Erowers 851 and only retained their treasures by .. . a bale. In addition it is asking hank . . p o SHORT-TERM SECURITIES. STOCKS. ',r_",,, oilae JSoURh i AR chtes, to solb fighting off their fellow-plunderers. 1Reported by J. & W. sehigman & ¢ PUBLIC UTILITY the mn':'elmem and la:" ;,flfln.“"fl bales 5 ;| American Tel. & T'lll 'l 6y from their sections off the market. 2 L o Afirond, P g1 g pen 1 b i ifi AToE “BECbREK. d'fl?m‘ today, sccuntz is found in a s &P ia §07y jas | There scems little doubt that the - (e ifferent manner. Men still fight Anaeonda, Copper @ L020 3 R Ry ' lgg,‘ South will get a terrific setback if it [ | : and struggle in the business world Raliimore & Ohio &s 103 el continues to market its chief money ; o T R e i i crop under existing conditions. This : : to procure the money to protect niral of Cearsia 68 Nationa i po +-++1 will affect the purchasing power of 1 7 . A TS LR Y R *| the Nation ax a 'whole and Wil react We Ave Livine Us & g them against want in their old age, - on praducers of everyining the South : e Are Laving Up to | but, now, they find security for their uys from other sec R ot 'Ll T Columh E lat Bs !g i = 2 Y 1 “Middling ‘coton now is selling at | SR Our Reputatlon | hard-earned treasure in First Mort- New Orleans around 14.68 cents a | gagcs Thrnugh CVO]U(IDI‘I SCCuri!y . : % A pound. In the rural distriets the price ’ : “iional Bank of Wash. 2 %> | cents. Sales of spots at Southern | [ For over 21 years we have has finally found a safe and con- (Renorted by I »33833% 2235223, 5333 s Xational knum«l-un. oy N»--b- Humble 1 Mase Gas €o. 33225523 vy P X Pure Oil Co 61, Sinelair €. 0i1 P Son. Pac R g Std Ol of Swift & Co S Tnfon 01l of Kmon Pac RoR Dued I & P« Riibher ti'ye TS R 4 Westinghouse F ul Wise Cent. Ry ( Z33zer3:352033335 2E5R232238323 e gzz=3 Fisher Body Corp. As 1928 TR 5 is conservatively placed at 13 to 13 1-3 SERDAT DM T | markets are running 150,000 to 180,000 successfully furnished our : : venient form. e ABRRN . o purchases from growers at a Qnion Tl weust.. . 468 to cover expenses of shipment from customer of ours has ever It has cost farmers at least 15.3 pal or interest. & Hensey Company, are not only partment of Agriculture. which e - Ous First Mortgadc Notes yield 6145%. Exrnnrs INC“A!Z. i IF.-mr"Hn‘ Sl - | ton values since September 8 has heen Saf e the Maritime Fxchange reflacted a | KOMT e 10000 3 Government Estimate Large. 6 EH an Sequriiy & Trust 3 GRELEEY i g 1oy i 1 1 d o Rat Hrus. ... .0 enss ;... |bales a day. Buvers will only K clients with worth-while in- ‘ Sav. & Trust # cii v rkei 7 k 1 . 2 | @ TR sufficiently under the futures markel vestments. In that time no And the First Mortgages, put- e c interior. reho other o S 5 & SAvaNe 5 interior, warehousing - and . other \ost &' oanny of githier prineis chased through Swartzell, Rheem cents ound to raise cotton for the e reni - e St i el e Ll Sl ; | safe and convenient, but they now cently reported the cost would be about | IES g e the same this year. The drop in cot- are Natonal Union. 5 about $30 a bale, or over $£300,000,000 BALTIMORE. September 27 Spe- | 3™ Ty 0 qugan for the crop as vet unmarketed. : olal).—Exports last week reported by | | g Dependable Jarge increase in the shipments of | Title & Ins. Co. Md. com’. “11| The cause has heen the advance of B Remunerative | foodstuffs. There were § barrels | MISCELLANEO! 44,000 bales in the Government esti-| K S “ he 8H Co., of flour exported. which has been the iy, « 4. i = .]mu- and the disposition of spinners w Wa‘rlze > em ensey largest week's export of that article rl t { to put off buyinz in the hope of even | [ 17 for many months. Grain sent out in- | 3o F I s | lower prices. The crop predicied by | f 855 i JforigageBanken cluded 134,400 bushe!s of wheat. Other | ) the Gavernment. plus carrvover and B 8. ! y Jeading articies were 3408 nl-uudnlMN" i, % | linters, promises the largest vear's | > ; 727-15th. Street, N.W,, WashinglonD.C. of eopper. 455,479 pounds of cop) onotype. ... . 9 supply en record, aggregating 22.400.- | [ rods, 2,022 tons of steel rails .na 100 lFflfl" o ai | 000 bales, or 2,000,000 more than last terces of lard. S g TTRAETEY season.