Evening Star Newspaper, October 15, 1926, Page 31

THE EVENING STAR, WASHINGTON, D. C. FRIDAY, OCTOBER 15. 1826.. _FINANCIAL. FINANCIAL, SEAFOOD DEMAN[] NEW YORK CURB MARKET | |(TTON|S STEADY |PALANGE OF TRADE s s . Rocuired by Privte Wive Direc 40 The Sar- Offcn - | FOR AMERICA GAINS e V;;:; - ;;:;;f sz Eqmtable Co-Operative BniHing Ass’n | " NEW_YORK. October 15 (R—Far ||| JOHN JOY EDSON. Presiden e 000,000, Largest for the Month |cent an ounce in the price of silver | Snburipliom for the 91st lasue 0‘ Stock Being Received traded in on the New York Curb Mar- 4 today carried the New York quotation | in Five Years. » oy W s ket today: ’ L v 4 | Prices - Remarkably Cheap. |iiinana, *PVST™ . 120 O AN Lamon ar . How Near Are You to T ] he I rice i Numerous Oyster Buyers ke 55" e T Are About Wharf. Financial Independence? If you had started saving systemati- cally in the Equitable 20 years ago. you We will gladly receive and give prompt attention would have nothing to worry about Start now, and provide for your later to applications for days, that you may be independent. ns on Washington 915 F Street Early Rise Followed by Set- :’rf“fi' l\‘nEPthlNT OIL STOCKS back on Southern se"mg o, : and Realizing. By the Associated Prets. The United States had a faverable trade balance of $150,000.000 for Sep- tember, when exports reached $450.- 000,000, the largest in any September ———— in the last five years, the Commerce Br the Amociated Press. De‘l‘s.nhrltlmrm Announced l;}flld e 0 - v - a le iImports were valued at 19, oy O O 1 cher. | 000000, the Department's preliminary | | 13.60; January, 13.66: March, 13.90; | S5timates for September showed that May, 14.16; July, 14.30. heavy movements abroad of cotten The market showed continued stead- (2nd Wheat accounted for the swelling iness at the opening today, with first | eXport figures. Exports were con. prices firm at an advance of 13 to 20 | Siderably higher than any month of oints in response to relatively firm |the present vear. while imports ex- Eiverpool ‘camien. reporca of further | ceeded tHose for any month since last rains in south and southwest Texas,|APril ~ Taken —together, the twe A figures brought about a reversal of Money to Invest Aant - e acovertg by trade BUY-| . Tirade balance which has been The market sceméd to meet a littie | SiEhtIY Against the United States in [[l *—W€ G20 Qo Glebi b more. Southern: selling on. the ad- | Prévious months. For the vear to || you. Our experience, ex- vances to 13,71 for January, however, | 1ate, however, there has heen a favor- tendmg over a period of while demand from the trade was less :mn:‘t“fl"‘;; o onls l::"%fi'”:n L Thirty-five Years active than yesterday and there ap- e it mi —insures your protectmn. peared to be considerable realizing by | Period last year. Tecent Bugers tor a ratty. "%nis| Th® international movement of gold | Percy H. Russell Co cy k. Rus N 926 15th St. N.W. checked the upturn and caused re-|Continued in September to show the o We Will Loan at 537 actions @f 10 or 12 points from the |drift away from the United States Economic Conditions best by the end of the first hour. |that began in August. Exports were Tyler & Rutherford Privats cables sald Liverpool was |$23.080.553 and imports, $15.932,988. Loan Correspondent of the Homes higher on trade calling, covering and | FOr the vear to date, however. ex- buYing. inspired by the peonessd nold, | Ports. totaled $20.628,266 and {mports Apartments Mutual Benefit Life Ins. Co. Newnrk, N. J. ..“'f T R Efl. 3 L i3 i3, v a 3 Bas B2, S PR E TEE §PE Marine products were much in de. mand this morning for the Fridav dinner trade, buyers being much in evidénce about Municipal Fish Mar- ket during the early morning hours. Dealers offered several varieties of fish at remarkably cheap prices, it 18 reported, the demand for such fish being great. More expensive fish also were in demand, and the demand for oysters was greater than dealers had antici- ™ pated. Warm weather has been a means of decreasing sales of oysters thus far this season, but sales have been comparatively large. Numerous oyster hugeves from the lower Potomac and Kappahannock Rivers and tributaries are appearing at the whar at Municipal Fish Mar, < et and offering their supplies to al comers. prices depending upon size forye, FYv et 1 and quality of stock. 2., C There was a fairly good demand of r all commodities alonz the wholesale line this morning. buciness showing an improvement over the velume of husiness a week ago. and prices to day were substantinlly the same as those quoted vesterday. Today’s Wholesale Prices. Butter —Fancy one-pound prints. tub, 19a50: store packed, 38, Eggs«—Fresh, selected, 35: hennery. : current receipte, 10a4l; stor rank HHMC of reshy Chas “mmon Ei !!5!!'!5 s sttt O e iz Plow & .. & ke - sy BeFwlin FH b Real Estate Current rates of inter- est. Should you have ToU s R Ty B U Sazperees a 1 Panteper 60 Rosal Con O & R idal Usage 0. Osage 0 N'V water Oil ul«lnler ol pf. g n2 B B JEERET oS oo’ FEFE PSP AR Dman Do e 333ngn. Canme: The New York Life Insurance Company First Mortgage Loans On Improved Real Estate in the District of Columbia and Nearby Suburbs in Montgomery County. Maryland 3 Years, § Years, 10 Years RAxDALL K. HAGNER & GCOMPANY MORTGAGE Lm N Gonnmmnn.v'l 1321 Connecticut Avenue Telephone Main 9700 0 \Enezueian * et uinian.. et n. . fporer Salen in units. 1000 Anglo-Am Oil lg'- 32Fema S 3 1300 Ang-Am O nn-vic 181s Oie cal An Buck . A3 184 (Lonlinev;( m‘P“LlfloF i eiang "»3 e GG, o 1% 1adh Hamsie ol h R a0 )0 1mp O_Can 34 11400 Wnter 250 North 200 ghio “Qal . 500 Benn m-x 900 Prairie 200 5 e T oty & T. wi ] t Weite' Cor' & 37 stev Welte ¢ B 13 AP0l Mot Co. 3 Aarge She O 1401 armer Tne [ " L EE T PR Py st D s 2 SRS P mhm PESEE T F (ot L 2391 ' 52 et » SRR SN ERE AR 5. SR E585 'S'n"a young. °0; old, 3 \nunfl. v 5800 S 200 v 13amias: R EEESeR (#).—Cotton_futures opened steady. R October, 13.50 bid: December. 13.70: NEW YORK MARKETS. January 13.77: March, 13.89: May.| NEW YORK, October 15 dium. 11a12; thin, lambs, 1212314 ton spot. fair demand: prices steady.| MONth ago and 94 cents a yvear ago. i A 8 bl Aow. Amerfcan strict good middling. 8:30: loan on business prop Fruit and Vegetable Review good middling. 7.95; strict middling. “'m»ovv.a»‘o-?‘oo:o-u CONSULT US GARDINER & DENT, INC. —for safe inveitment of 14.08. The market opéned firm today | Flour firm: Spring patents 7. - due to batter cables and unfavorable Rye steady; No. 2 Western, 101’/.. 4.2 T k tru % i e oday’s market, report on fruite 3 100 g H 3 4 i ! e VAT 7.70; middling. striet low mid- and vegeiahles. compiled by the Mo e B ! g J ARty O dling. 7.00: low middling. 6.40: strict | 61? Market News Service. Bureau of Ag Mid W = Jlaro P& L se 995 U9 {good ordinary. : good ordinary. | L ol Ineaitment ot Main 4884 1409 L St. N.W. o in the future hy investing | weather in the Western belt. Initial New York, and 1.08%, rienltural Economics, save: Bul b 3 5 I WD 30 10 . Sales, 8,000 bales. inclu @12 i 0o 0 XOW. trades showed gains of 21 t6 22 points. with December at 13.71, January at |c.if. New York. Lard strong, Middle Apples — Supplies liheral: demand U Jue RN e Ciea 3.000 American. Receipts, 24,000 haes: | i moderate. market dull: boxes. Wash i, 3 "n.nfm Mn,e,.,,.a;‘“ . m\_em'; utures r;. de \l{rlll;::ge Wm. Snum]rfl Co. | 13.78 and March at 13.89. The advAnce| West 14.30a14.10. Wheat futures ington. medium to_large size extra 3 C gy B 5 i A = 3 . ’p 5 | steady. Getaber December. sounig 19 i attracted hedge selling by ring | opened December, 1.45%. i il $ : Safet LI il , e it | Continental Trust Co. B X. o The fact that in our twenty years of Investment experience no client of ours has ever lost a penny in traders, which soon caused December | Other articlés unchanged. Jonathans. fane 200, fp\\ h;hm :“0000“040—0“”¢Am¢0“ i $170.851,4: r exports for Sep- [ (B RRDUR tember were $7,237,633 and imperts H New Orleans Market. $7.203,833. 18 Verment Ave. 50 old, 3340, ~ Dresced—Turk lo $are off to 1358, January to 1346 PR $l 50 000 b e S and March to 13.75. Trading in the BT ST IR R A % va - | now contracts phrmitting Houston and RUBBER ADVANCES. " ’ Meats—Beef. 15a19: 2 i | Ind Ravon For'd o . e LT { S Galveston delivery started today. and | npw YORK, October 15 (Special.— | 26a30. fresh hams, 30a32: shoulders. o : 947 | 14.20 was bid for October, 1927, With | ¢pyde rubber, smoked ribbed sheets 0/ 23424 loins, 34a35; q hams. 34a DBaleE R pREE: advanced A quarter of a cent at fo- a /0 35 smoked shoulder: Liverpool Quotations. day’s noon quotation of % cents. Winter Bananas, extra fancy, mostly o o hushel baskets. Maryland, o 2 14th and H Streets 12 auaiits and condition 252 theh De! ToBACCO BoNDS cALLED. | LiheralLaan. Coptink SN Ricipun. 5h, ST RN ana fa . NEW YORK, October 15 (®).—Porto 0 apital $1,000,000. various varieties. No. 1. medium 1o W iy B iy o0 Aok Investigate. | called its $1 800 10-vear S per 3 - | cent hons for redemption an Novem- Checking Accounts en_lller Dflnfll’ll' or I“‘:’“‘;h" ::I:l her 15 at 105 and interest. p, 4 Savings Accounts tainly convincing proof. e s b +me D - reason that we are successful, how= Time Deposits ever, is that we are NEW ORLEANS, La., October 15 —— i Live stock-—(alve: rl]uvr‘e LIVERPOOL, October 15 (#).—Cot. This compares with 40 cents a —immediuely avniluble to Gl e CAREFUL LENDERS 1y Penn Wa Pow ¢ 163 Tenn Dix cem . 42 z & Gnmme I\fi Bab's € X5 1 domestic' round tvpe, 28.00230.00. Clelory—Suppliex light: demand mod- erate, market steady: New York, two- third crates. 2.2502.50, few 2 Pcent ha .‘.‘lfi l:lmb“l‘t!l\: f- X A Your Banker Knows. it ("R . When in doubt ahout a secur 0 consult vour hanker. It ix equally 1Rep Mot THK vt enback Mot RSCo il e sty gany iy Grapes—Eastern supplies heavy: de- mand_moderate. market fairly steady: New York. 2-quart climax baskets, va- rieus varieties, 18a20: Michizan. 12 Commercial Credits Travelers’ Credits much his interest as yours to protect ur savings. You trust him with | your deposits — why not trust him Shannon & Luchs, Inc. is an In- vestment House, organized by cau auart elimax bAskets Concords. 65272, "ea With your investment problems? few 75: Delaware. 12-quart climax bas o : : NuT P & A AR 1 == Lkets Concords, mostly 66 . 5 Lettuce—\Western supplie 1 WE FINANCE ate: demand moderate. mar! : . a 4 o] o o —all classes of income-producing pronarts, California crates, lcehers - lm'p C l‘]’llhm l;‘u 11,1"p. i dozen, heat 4.00a4 v 3 . - n wi Ohiv Pow S- B. 1itk and conditi : i : S 4 Pan Am ors % nzen crates, RBig nx € quality, 100t auality @ nd condition, 3 Onion Market Steady. Onions—Supplies light: demand | light, markel fairly steady; Michigan. | Ve Fan NV 70 tious, skifled and experienced Finan- Travelers’ Cheques cial Authorities. Acceptance Credits Collections Real Estate Loans Collateral Loans Investment Securities Corporate. Trusts Individual Trusts Administrator, Executor Safe Deposit Boxes an house Large Lo‘nu a Spec alty || ¢ e o co. Higbie & Richardson, Inc. B18 15th St. N.W. Money to Loan o Continental Trust Co. 14th and H Streets Capital $1,000,000.00 BECAUSE a Savings Account can be the foundation of a college education 5 3 or a protessional training course. It can Deposltors provide for vacations, for extended trips. o for purchase of a home or a business, or Convenlence for financial protection in case of illness Bk ~ § or other misfortune. For Pay Day Secured by fret deed of trust on real es “!‘l"“"""l "'“_l 1 sacke, yell ' ""l"-'l""v'v'"'""" =5-4.,';=_=3;;:, estate in the D. C. Tndiana, 100-pound_sacks, ‘vellow: ; 4 ose] eller 4 . S No. 1. mostly 2.00: few higher. 3 MINING STOCKS $un o1} . | P! Hldz. I ,.,,,l,“,,' n"'":{"" |,: York, 160-pound sacks, vellows, C. 8. SAm Tin & Tune. 03 K 1 applications. Curren 5 7 fon Cap i i : 2R i o | ,Mfl::”_gvhlm e B a 14 CONSTRUCTION rates of interest. Peaches— tight: = demand | ¥ o ! <o, market weak: New York. bushel : it & haskets. Elbertas, medium . to Jarge | o 0 | s 113 bt E I LOANS BHANNOV LUCE size. mostly ripe. 1 | 2 M 4 i e S el Pears—§ demand light. D. C. and Montgomery Co. 712 buk St market dull bushel has- 1 s A MRS : ol ; : FRED T. NESBIT P . o condition: Nor - ert M. hoxes Anjous, extra faney, D i 2 -!-———_ 3.75a4.00. 0 Red Warrior. Putatoss—Supplies moderate: de- FIRST MORTGAGES mand moderate. market stead: Maine. 5 o FOR SALE 130-pound sacks, Cobblers and_Green | . 1 Ger | o 01 [ ST Mountains, U. & No. 1, :'tew | Washington Stock Exchange : ; 1, 07 . lightly decaved. 4.00: Mic 130. 1 Ay 9 3 Hun 3 7 a7 o nfiv/fv/':uvun National pound’ sacks, Russet Rurals, U. 8.0 cpoqnae Farm Dairy 614s—%1.000 at 3 b it CONSERVATIVE Rank m No. 1. 4.35a4.50. (o) INVESTORS ' BU ; Sweet potatoss—Supplies liberal: de i 33 e the District mand slow. market slightly weaker:| {anial T 3 , e __ Narth Carclina and Virginia, East| Washingion Rav. & Fier $750, $1,000 and upward of Columbia Shore, mostly Virginia. Fast Shore, a0 cured on improved real astate e e | s COMPLETELY will remain EQUIPPED TRUST DEPT. TRAVELERS’ CHECKS & LETTERS OF CREDIT !»d Al-American National Bank—10 at | cloth-top. stave barrels, vellows, No. 1, e m et % sitnated In the e o Co.—t ‘ 103 3022.65 4 3 el DR ha w0 < a6 1 Columb: Corn -Supplies light: demand mod- . YEIEOn, Moneys m-»— at 108, 0 ar i JAMES F. SHEA A erate, market steady: homegrown, | 10 1081 1055 10 at e Govt f. racked, per dozen. sugar corn, 25a30 3 1 Ruee Govt 8 643 Lou 7 Sanda, Falls & A n?u o 08 44 Lk » i It yvou have not a Savings Account at Open Until ] ; mm e 5.'30 P.M. f i reserve fund. o Today DEPOSIT One_Dollar will open a BOXES Savings Account Established 1814 oo | Natioral _isvrion 312 Evans Building 3% Metropolitan Bank NEW YORK. October 15 (Special).— 1420 N. Y. Ave. N.W. Compaund 15th St., Opposite U. S. Treasury TRUE G 6las Nof Tomatoes—Supplies liberal: demand a moderate, market steady: homegrown, half hushel hampers, 75a1.00. GERMAN PRICES RISE. NEW JORK. October 15 (P.— PUBLIC UTILITY. American representatives of German Bid, CASRAA: i iron producers have heen advised | amer. Tel & Tolra. 42 0 5,C o84 Of an advasce of 30 cents a ton, the | Amer. Tel £ S4n third increase in recent weeks. The | Am Tel strengthening of German prices s raid to have given encouragement to eastern pig iron producers here, as the trade considers the completion has held domestic quotations to an| unprofitable level. An advance in! local pig iron prices therefore is an- ticipated. At the new quotation. Ger- man iron. it is said. cannot he de- livered here ) Washincton &ae & Money—Call loans. 3 and & per cent. Bid and Asked Prices. BONDS. Stocks Bonds 0dd Lota Corvied on Margin Buck & Company o0 e S e S o' 3« Second National Bank “The Bank of Utmost Service” 509 Seventh Street N.W. 1333 G Street N 332373 3 -, o | Public Utilities & Stock of Southern California Edison Tel. Franklin 7300 Interest [on October 20 will sell ex-righte to![}| Direet Private Wires o New vork Eald on Savings | subseribe to the new issue of pre- 322333.553328% T - e . | wy. & Elec. ‘gen. MISCELLANEOUS 5 for No. 2 foundry Many Ger: & F GIVING YOURSELF A SALARY RAISE By apportioning a fixed part of your salary to the purchase of our 6% FIRST MORTGAGES —through our partial payment plan—you really give vourself greater income. Unfailing semi-annual interest payments are yvour financial progress. And since progress is unimpor- tant unless what vou have al- Mewmbers New York Stock Lxchange NATIONAL BANK T Successors to JOHN L. EDWARDS & COMPANY |terred. Shareholders of record on | that date may buy the new preferred, man producers have notified their | { which is known as series B and is of mgents that business for delive par value at $24.25 a share in the | after ||-ocemh_n- S ratio of 1 share for each 12 shares of D 1.8 JE'..,.. Itork Lo stock of any clase held. The new | Southern Blde, dfl,;g,, stock is quoted on the Curb Exchange romsorosvz sate SR Ly calforts ™ ion” repors Florida Railway has been set for No. | e D i feverm ";:m*;'pg‘,};{,‘d;"g;:’,;g For |l G M P MU P X ! vember 1 at Aususta. Ga.. the court | Amer. Tel & T8 D103 iddi {,h, far et increased K o =F. R HY & CO. having fixed the upset price at $1.-|GAR N on Gas . seuly 90% | fom $7.578,605, in 19 3 ,390, | 000000 for the company’'s properties. & W i6&"" |in 1926, A Fids must he accompanied hv a certi- | Potomag S fied check for £100.000 or $200.000 face | wasn Kuy Detroft Edison is offering 38,000,000 amount of first mortgage bonds. | additional capital stock to sharehold- > Nanora Capital ... c-c0: | €ers. The new stock may be pur- COIMBIR oo oovonencess chased at par in the proportion of OTIS LEVATOR GAINS. jCommn “.‘ desiinice z u 1| additional share for every 10 b T echanice’.... | now held. Subscription warrants h 3P — o 5 oL e e UONE SElevaty ol ;"”" sl { will be sent to stockholders of record B the first nine months of this vear | i % wmmmm ’Ocmher 29. After the new issue the A Third { made suhstantial gains over the same | Jauonal | total outstanding will he about 358, w9 : 600,000 against the total of mort; i perind of 1925, net income rising te 5 gage || sl skt £36. is ‘“ as \.mm Bank ‘of Wash bonds of $84,484.000. Detroit Edi- of a £4.0°7.161 from $3.441. This "TRUST COMPA. | bonc 3 ‘alent after preferred dividends ity & Tt | son’s statement. just out, shows net i a share on the common stock \m!mu"l“"“l' ;‘r:? ;Y;urxes olb:fi.';‘v 6. aeainst zainst $8.2% a share a vear ago. .759 in September. . while for . : : - e (anay Sax (OIS | the nine months of the vear to date ready attained is assured, the s Dhion Trusty £ the figures are $6,570,202, against bsolut incipal fety of | Do T i k = | absolute principal safety o TRAIN CONTROL CONTRACTS, Tt TR Rl i Lk these securities recommends NTW ORLEANS, October 15 (#.— "M‘""";mm..n iR ....| Commonwealth Power Corporation 3. M. Davis, mvedder‘;t“of the ge‘nl.‘» > fapaicon..... reminds hold;rs of the option war- | ||| | them. an Vestern o . rants that tl vill ' | -, Taan, nmounces that i compliance ‘°““"":‘§§m L Giows. of businses. o “November. b In amounts of $250 and up. with orders issued ‘h.\- the Interstate 4 FIRE :n 3 v;'lhlch tk;ey will be no value. Commerce Commission, contracts | Americat .. - Sy : ¥ Four shares of Commonwealth Pow. have heen awarded for further in- | (orcoran, : er common stock will be delivered for 1~ Union each option upon the payment of gtallations of automatic train con- | Ngtiona = ¢ 270 < TITLE INSURANCE. | b trol to cover 270 miles of main $100. Richmond, Va. e tracke oh the Scranton, Pa.. divi-|columbia Tile ion. making a total of 363 track | Keal FatS N om iles equipped and to be equipped. llm ON PARIS BOmE PARIS. October 15 (P.—Prices moved irregularly on the Bourse to- xsc:u.AM:ous under the commission’s orders. Paper pid. day. Three per cent rentes. 47 francs |35 centimes: exchange on London, 168 francs 60 centimes: 5 per cent loan 53 france &0 centimes. The dollar yas quoted at 3% francs 72 centimes. Century 1416 H Street Northwest Without a & Newport News, Va. B. F. SAUL CO. 925 15th St. N.W. In" =5 INITIAL DIVIDEND. NEW YORK. October 15 (). —~\l|r~ mon Moter Car Co. has declared an initia) quarterly dividend of $1 a *are on the common. 223 Sels o Main 2100 " > 3,55500 3 i 2.2 & e