Evening Star Newspaper, October 20, 1926, Page 31

FINANCIAL. NEW YORK CURB MARKET Reccived by Private Wire Direct to The Star Office E_————————----————-————‘—_‘—————’—————j——___'_"'_—,"'__—'_—_____'— OFFERS COTTON LOANS. SILVER QUOTATIONS. - Equitable Co-Operative Building Assn Egyptian Government Acts to End COTTON IS STEADY D. C, WEDNESDAY, NEW_ YORK, October 20 (#). silver, 517%:; Mexican dollars, 393% OCTOBER 20, 1926. LOANS FINANCIAL. ! Crisis in Staple Market. M On impmved real \ loney to Loan ; s NET : % CATRO, Egypt, October 20 (P).—In .,z ot lrust on real estate. estate in the D. C. I JOHN JOY EDSON, President WALTER 8. PRATT, Jr., Secretary W YORK. October 20.—Foliow: order to end the cotton crisis, the Prenm {nterest and commismion. Prompt: attentions 1o i Organized 1879 46th YEAR CO! ED Ing s a st or bonds and stocks D L en. tomy i 1. Weller i o (f] Assets ......... 8513631722 Surplus .... 1106,495.76 aded in the New York Curb Mar- = v a) ications. urrel | Booa ot today: nounced it was prepared to advance pplicati ] i ket toda 3 19Tt groven” sb00060 Bavaiian PR R Eiithca & Subscriptions for the 91st Issue of Stock Being Received Sales INDUSTRI 1 ahy ds or more, which will loane | ot Ry parc i s § | Pen bk thnovghaut. the ‘coun: Lower Cables Are Offset by Construct]on | — ! 2 try. The banks will arrange for stor- | | 1 | o ne, cotio, epaion whion he| Govering and Trade LOANS s gl You Can Breathe y . s 106 The growers will pay a moderate o . C. | 3 701 nL A \.'. §'n:" rate of interest. The plan will enable Buying Today. D. C. and Maryland | Main 2345 More Freely_ A LSRN N e s e ot FRED T. NESBIT ] e 'LE,, 5B meet their obligations. The COtton | By the Associated Pross. 1010 Vermont Ave. /M. 9392 —a few years hence if vou start sav 2 will be held for disposal under more 2 . Prompt Action. systematically in the Equitable. T 1 favorable conditions. NEW YORK, October 20.—Cotton S First Mort & Loans! how much you make a week, but how much [ futures opened steady; December, 1rs! origagt you save that counts most. Think of the '1 12.70; January, 12.77; March, 13.02; l 50 000 _Ifl’wm n.Janlhlnuninc.nd Com\nlil‘lon money you've wasted foolishly- i o i ompany, Inc. y ve had d that s COMMODITY NEWS May, 13.20; July, 13.40. The market ’ a1 e e e 5 H opened today at a decline of 1 to 3 . another day, join the Equi S- 3 81003 WIRED STAR FROM points in response to relatively easy ||| | tematic plan of saving &nd STIC 1 annm' ENTIRE COUNTRY Liverpool cables, but soon steadied a 0 1 on trade buying and covering, the lat- || WE PAY MORE INPZREST 915 F St t ’ i i f enmmpegremramd b 3 g "R BN L RN LR e e ree ros T 6% 8 HELENA, October 20.—) | —i iately available to ¥ FOREIGN BONDS Spring wheat crop s now placed at gorts of smaller apot ofterings in the y | ON SAVINGS i 000 bushels, as compared with | South and of a falling off in hedge|| loan on business property. | /[l mhan Any Other Nationsl Bank 7 '000 bushels in 1925 and the |selling in the futures market. 5 | plistis i ol 34 20 average of 308000, The | January eold up from 12.74 to 12.70. || GARDINER & DENT, INC. n Washing! 23 total wheat production, Spr:‘nlg and | the gobnn-al mark;t r\llhlm ‘a.nf;ilnt or Interest on DAILY Balances 1 Winter, will be 43,853,000 bushels. two ‘above vesterday's closing figures | f| ne o oos T SN ' Coio 1y ardilg s eSphitE 3 g — at the end of the first hour. X t. The N York Life Insurance Compan 2 NEW ORLEANS —Cotton exporters | “'mpd (el report of the Weather e New Yor e pany 4 Doehler Die . 9 o are asking the United States Shipping | p, idered favorable ex- C N 4 ';::m Fiura o Sent & number of exra ek | CLIEG, T SR et v | ~ | Commercial Nat'l Bank | irst M I 3 1 Dinhiit. Intt 1 to move cotton . z 228 Dee s ot 1B SM.':M“}" e N | e M CKIRNOmE (Gt parts of Provident Mutual Life | 14th and G Streets ll'St Gl'tgage oans {all space on vessels sc ‘heduled to sail. i i Market Insurance Company | Resources $17,000,000 | Foreign spinners are buying cotton as New Orleans Market. ||/ 8. GOLDEN DONALDSON, PRESIDENT On Improved Real Estate in the District of Columbia extensively as thelr funds will allow | NEW ORLEANS, October 20 (#).— Funds to Loan and Nearby Suburbs in Montgomery County, Maryland during this slump. Cotton' futures opened ‘steady. = Oc. In Small or Large Amounts P S e 10 Ve BOSTON.—A apecial meeting of the | (oher 12:58; December, 1218 Jqal- at 515 Per Cent ears, e NEW YORK, October 20 (#).—The stockholders of the Salmon Falls Man- ufacturing Co. will be held Thursds to consider liquidation of the property, owing to the unprofitable situation in tire fabrics. Fears that the tropical storm centered around Cuba would now reach the cotton belt and lower cables than due caused the cotton market to open steady here today. First tions that the storm had struck Cuba, WM. H. SAUNDERS CO., Inc. Realtors 1433 K St. NW. Main 1016-7 $5,000 to $10,000 Yearly men and women, 1 have Office Buildings Business Properties 1321 Connecticut Avenue Telephone Main 9700 ; 3 t - do 26 40 FORT WORTH.—Better prices for |trades showed no change to 8 points o Life Insurance salesmen do 3 034 advance. The favorable weekly not wait for prospects. i i mohair, heavy sales of lambs and good e Loan at 5%7 3 oin “Ex.aisidend. range conditions are spreading opti- | Weather and crop report caused the © Every one has been sold QANDAIJ‘ n- HAGNER & COMPANY [ 3015 S - mism among sheep and goat raisers of m:.rket tio e and g\{lce.d Jost Economic Conditions on 'nsurance ages ago. Incorporated. i 6313 Oremy mem are mot in a |# few points, December trading down . 2 PREFERRED STOCK OFFERED, | PCrL, Texts: Sheep men are not in u & (G folnts, Decenber, irading doun Tyler & Rutherford 1f Tou can sell your own MORTGAGE LoAaN GORRESPONDENT % prices are offered. market later raliied on map indics- y utherior individuality to prosperous ] 3 tional City Co. is offering today T recovering 7 points from the lows. Loan Correspondent of the - 2 ¥ - s & . - o something of interest to offer. i 25,000 shares-of cumulative preferred | CHICAGO LIVE STOCK MARKET Liverpood Quotations. Mutual Benefit Life Ins. Co. : xlo;‘l{ of the New York Steam Corpo- “(-m:-_u.?, n;-m:wr.fl'\!lll né:od‘;\r:m : ]‘Atlvfinpo'()]«f np,?i.,,, §|n P — Newark, N. J. George E. Keeler ration at $ about | Department of Agriculture)—Hogs— | Cotton—Spof air demand; prices 6.45 per cent callable | Receipts, 14,000 head; slow trade; gen- i Amerfcan strict good middling, 1018 Vermont Ave. M. 475 Investment Bldg. whole or in part on 30 days’ notice at iy, with best prices yvester- S5: good middling, 7.53; strict mid b bt 105 % 105 and accumulated dividends. The by % : dling. 7.28; middling, strict_low :Ommm‘. Siinlies ktewn Sheat o on finished, medium weight | middling, 6.58; low middling, 5.98: buildings in the commercial and resi- s around 10 cents higher: top | strict good ordinary, 5.43; good ordi- A Third of dential sections of New York. — e 0; bulk desirable 210 to 280 pound verages, 13.60a13.90; most 160 to 200 pound weights 13.26a13.75; lightweight nary, 4.78; sales, 8,000 bales, including 4,800 American; receipts, 8,000 bales; a Century’s Experience Yida |” “x ‘|,-«nn Ko 2081375 lightwelght | American 6100, Futures ~ closed | ohaw Hnd Pow packing sows active; bu all.? October, 6.78; December, 6.82; i POULTRY PRICES STEADY. finished heavy sows, mostly 10.50a- | ] v, 6.88; March, 6.96; May, 7.05; Rentals Paymg CHICAGO, Ootober 20 (#)._—Poul few strongweight _slaughter | July, 7.10; September, 7.14. 1y dy; recelpts, 13 cars; 0a12.76; heavy weight hogs, g AL turkeys, ‘medium, 13.25214.00; lig} = 3 geese, 18 light light, 11758135 FOREIGN EXCHANGE. yot a regular, full prof LOSS IS UNNECESSARY Sla p?ckml,,; “;;‘]\;homnom? 0; slaughter | (quotations turnihed, by V. B, iivhs & 0o it. Facts gathered and pigs, 11.25218.00. ominal Selling checks NEWS Pl}{lgfl‘ PR'ODUCTI%. ‘1<,{,1nleTn‘i;e;g(«:;:E,ugz:mg;:e;t:g Lo "’"."‘Z.“"." 5! W mc;l]o;is fperfected (_lurmg ' Tiieitectan ot chiasicei s beca ebiitess N YORK, October 20 — | grade of fed i d | Nontreal.” doila sl P 2 s spe- g ¥ News print production in the United | slaughter Western, strong to 15 |Fa ‘o2 94 ‘{t 1rd of a Cefi“"’_‘ pe | ated in the purchase of nur.FIrsl. Mort: States in September declined to 1 cents Mghflo “‘“'"""f“’k sue-:; cialized .experience are at | gage Notes. Our reputation—“Never 167 tons from 1 mostly steady to strong: stockers an B0 sy ) 2 Shipments were 133, teeders active; fully steady; early ’A‘,';,';,',‘, Gt a0 vour service in our Prop- has an investor lost g in either 3 ey T, 1% S, 84. Canadian mill top vearlings, 12, several loads of | Madrid. peseta . 1516 erty Management Depart- principal or interest.” The fact that & Rana Krd Burnw 4113 4i% 4i% (3 against 1 in August, | heavies, 11.00; she stock and vealers | Yienna’ crown 00001414 M g P h " talenteroul 3 : 3 Budapest, rrown | 000141 . the presence of governmental enterprise j ) S hminolel DO A 38 384, T8i | While shipments were 40, against | about steady; bull$} strong; bulk of | Prague. cro 0208 1" ment. Come in, or phone 7 ) = 5 . 11, | 160,031 tons the month )efore. vealers to packers, 12.00a: : few (!Vnn- 4 V is a stabilizing influence on medium i 45 Ag}z e chnigesoshippers to outsiders, upward k"‘“" Geel us to come to you. Use us! | values—are obvious proofs of the safety ! to 1350, ook, erbwn " | Y NEW YORK MARKETS. Sheep—Receipts, 16,000 head; ac- Sl O S of our Securities. I Bin 380 | NEW YORK, October 20 (P).— r‘;“‘-'h fat lar;ba_ &t onE to :a ;fg;s A Fool and His Money. ! n< PAL 2 277 | Flour—Firm; Spring patents, T.f igher; goo esterns, up to 14.50; "“P &) n';?«‘f: 577; 3 &y straights, 6.35a6.75: | choice matives to small killers, 14.7 D;{,*“f,d“fi };‘:c",“f.';‘n“ e ID" Sou P & ar. Rl 8l 84 i some hel above; packer top, 14.65; ¢ that it f 4 . . d . 7 Soutnw Beil pia. g% 1dy 1148 : < cull h dint | o PEOOl KN s worth any more P, Sl | Hmn Western, 1-”"’-l Y-FO- b. o e dyichanged 2% |than ordinary wall paper. Thousands a8 3 and 1.085 c. i. f. expo: rd—Eas: steady; most fat|of people in Washingt : : 4 - s e Middle West, 14.25a14. Wheat— : choice ewes, absent: | saved thelr money If they simnly Lag Main 2100 925 15th St. N.W. 15 Futures opened firm; domestic De-|feeding lambs, strong to cents | asked their hanker to tell them what 5 | cember, 1.49%. Other articles un-!higher; early bulk, 13.23213.50; cholce | he knew of some supposedly wonder. | % | changed ferder: ree. ful investment. an In After We Recommend vestment to You In Making Real Estate $1,055,000 Straus Bonds Called At 102 and Interest NOTICE is hereby given that all outstanding bonds of the Chastleton Apartment Building (Washington, D. C.) first mortgage 6% serial bond issue have been called for redemption as of November 15, 1926, at 102 and interest, in accordance with the provisions of the trustfmortgage. This issue, underwritten May 20, 1919, has been reduced to $505,000 by serial payments. All holders of these bonds are requested to present them with coupons attached on or before November 15, as interest will cease on that date. ties for investment is but the beginning of our service toinves- tors.When youpurchasesecurities from us, we keep watch over them for you. We keep in touch with the Companies issuing the securities and report any changes in their financial status. We keep in touch with economic condi- tionswhichmay affect these Companies. When changing conditions make it advisable to increase or to dispose of certain of your holdings, we advise you accordingly. Weshall be glad to review the securities you now own, to offer suggestions that may tend to strenghten your investment position,or to assist you in placing current funds to your best advantage. You may feel free to consult us at any time with the assurance that by doing so you incur no obligation. CRANE, PARRIS & COMPANY Investment Bankers since 1883 823 15t ST, N. W, Telephone Main 593 Loans. Consicler : LENGTH OF LOAN | INTEREST RATE RENEWAL CHARGES R&:commmm’noxofspccific securi- 10 Forty Nine 2 Golden lnvvlm M St o e v\nrm\m und m"Con_Oilfiel N 2 | Metropolitan Life Insurance i e | ; ‘ Through arrangement with the | [ Company we can serve your I needs to your satisfaction at a v i minimum cost. WEYERRROS | 809 15th St. N.W. Notice is hereby given that all outstanding bonds of the Chastleton Annex Apartment Building (Washington, D. C.) first mortgage 6% serial bond issue have been called for redemp- tion as of October 15, 1926, at 102 and interest, in accordance with the provisions of the trust mortgage. This issue, underwritten October 15, 1919, has been reduced to $550,000 by serial payments. By = =YY= = PP = = =T =T =T =T T=TT=TT=FY= Y= r=Tr=TY=Ty=-7v=ry 1 8 3 g ] § 1] § 3 3 3 8 8 8 § 8 3 2 8 2 1] § § § [] § [ 2 § 1] 3 ST LTI TY=Fr=2 =T r=Pr=ty=s¥~3¥=Fr=Fr=pr=rr=ry=yr=} Phone Main 9486 W. . Moses & Sons Established 1861 F Street and Eleventh Importers Retailers All holders of these bonds are requested to present them with coupons attached at once, as interest ceased October 15, Here is an opportunity for you to fit your office with strictly high-class furniture at an extremely moderate cost. As we are replacing our floor samples with new ones we are offering for sale at once our present samples which are slightly shop-worn at a remark- able low price. BN 60 Humble 0" & R G. M.=P. MURPHY & CO. Members New York Stock Exchange If desired, we will be pleased to suggest other bonds for the re- investment of these funds combining safety and an attractive interest yield. 20 Solar R 100 South 5 6300 <%0 Tnd One combination walnut double pedestal type- |l g’:‘:?: é‘ g\‘:n " writer desk, regular price, $89.00, special price $65-00 i"i Buccessors to T30S 3 Bnin i One oak doubl destal I e R aonieoii & The two P"OPC":}:; above 'ldvchlenel: refi.nanczd bya lnan. of sone ook double pedestal desk, reular QAR ()() | T — o Ronsands. sl | $1,100,000 at 5 by one of ¢ rge insurance companies. One oak typewriter desk regular price, | i i A $58.50, special. o $40.00 || ; One combination mahogany typewriter desk, regular price. $45.00, special................. One oak pedestal desk, regular price, $45.00, special....... B SN One solid mahogany leather-back chair, regular $60.00, special. (Formal legal notice of call appears today in one of the newspapers of Washington, D. C.)* S.W.STRAUS & CO. . ESTABLISHED 1882 INVESTMENT BONDS INCORPORATED 929 FIFTEENTH STREET Telephone Main 5847 WASHINGTON $35.00 $38.50 $40.00 $35.00 $17.50 $175.00 $62.50 1416 H Street Northwest One oak leather-back chmr, extn large size, regular $46.00, special. . side One oak special ... One mahogany finish all- steel closet nnd safe, regular $245.00, special. One combination all-steel sevtmdnuer card index cabinet. regular $94.50, special One combination all-steel card index and let- regular 821 00, chair, 52 Broadway, New York Richmond, Va. Newport News, Va 5 oR 1y one Ss 07 ter file cabinet, regular $71.00, special. . $47.50 44 YEARS WITHOUT LOSS TO ANY INVESTOR o e o 1001 102 pRia ok ] 90 Plan Inquire About Our Deferred Payment