Evening Star Newspaper, October 28, 1926, Page 31

1 = - PRICES OF OYSTERS HIGHER IN MARKET Other Marine Products in Good Supply, With Excep- tion of Live Crabs. Gooler weather and the splendid quality of oysters have increased the demand for the bivalves to such an extent that the supply arcely great enough to meet demands. cause of their slight scarcity, prices have slightly inc reports of dealers at Market this morning. quoted at $2 and selects at $2.2 stock selling at $1.50. Both wreen and cookes i s Municipal Fish , shell were a means of increasing sales. Green shrimp were quoted at 20 cents Be- eased, according to Standards were rimp were more plentiful today, and lower prices FINANCIAL. Received by Private Wire BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, October 28.—The up- ward movement, which showed signs of broadening out in yesterday's ses- sion, continued through most of the session on the Curb Exchange today. _Oil shares played a prominent pa in the operations, especially South A\merican issues, which have been muore or less to the front recently. In- cluded among these was Pantepec Oil, one of the latest additions to the group. which sold at a new high rec- ord when it ssed 1214, stood that approximately 900,000 acres of Pantepec’'s property are being developed by the Union Oll of Cglifornta, and its affiliation with this latter company probably is an incen- tive for the current. American Maracaibo was another in urgent demand, responding to the belief that increased pr@uction in this territory naturally will work out beneficially for the company in view of its extensive holdings. The 1,000, 000 sharés of §1 par value common bonds_and New York Following is a list of Stocks traded in on the a pound, the cooked stock bringing 50 | Curb Market today. cents b Practically no live crabs are being | e, INDUSTRIAL received in the local market, there be- ing no demand for them in cool weather. Crab meat continues plenti- ful and cheap, however, but the de- mand for it is mnot Dealers quoted the meat at 5 pound. Scallops Not So Plentiful. Scallops were not so plentiful this morning, dealers reported, and a price of $3 a gallon was quoted. Dressed catfish, much in demand. were fairly plentiful today. dealers quoting them at 25 cents. Live cat- fish sold at 10 cents a pound Cooler weather and strong north- west winds are reported to have affected the catch of haddock, re- sulting in increased price for the filat, regarded as one of the best sellers, to 20 cents. The whole fish sold for 10 cents a pound. Boston mackerel, quoted at 5 cents three weeks ago, were quoted at 30 cents this morning. Rockflesh fromn the lower Potomac were plentiful at 20 cents, while bluefish from North Carolina, not so plentiful, sold at 18 cents Hallbut was plentiful at 25 cents A pound, while salmon sold at 23 ents. Other quotations included e following: Spots, butter fish and ecroakers, 1213 cents. Wholesale prices of practically all commodities today were the same as yesterday's prices. Today's Wholesale Prices. Rutter—Fancy, one-pound prints, tub, 49a50: store packed, 38. Eggs—Fresh, selected, 45; hen- merv, 50a55: current receipts, 40a4?; storage, 3% roosters, young, 20; old. 15: keats, voung, 50 a60; old, 34n40. Dressed—Turkeys, 45a50; chickens, 32a33: keats, young, £0a90; old E Meats 18a19; veal, 22a24 lamb. frexh hams, 2! shoulders 4: loins, 36: smok hams, smoked shoulders, 2oat Live stock-—Calves, choice, 15; me- Alum, 13ul4; thin, Tad; lambs, 123 als Fruit and Vegetable Review. Today's marlket report on fru vegetables, compiled by the Ma News Service, Bureau of Agricultural Economics, says Apples—Supplies liheral: most car- lot stock going into storage: demand . moderate, market steady: barrels, No. 1 Grimes, 21, inches up, 3.0 Washington, medium to large s tra fancy Delicious, 3.00a3.5 8.25. Jonathans. °.00a2.2 burgs land and Virginia. No. Grimes and Siavmans. 1 2.2522.50: bushe] basket: 1 varieties, medium to large 1.25 Cabbage —Supplies liberal: demand lght, market steady: Pennsyivania, bluk, per ton, Danish type. medium aize. mostly 30.00 Celery Nupplie liberal demand moderate, market stes : New Yurk two-third craces, 2500300 Grapes- Supplies liberal; demand | lght, market slightly weaker; Mich gan and New York. 12.quart clim baskets Concords, New York, clin askets ~ Concords, few Lettuce Western supplies moder- ate. demand moderate, v Slightly wenker: California leeberyg type. 45 dozen, best, 3.00a3 some ordinary qus and condition, 2.50; Norfolk section of Virginia. bushel hampers, Big Boston type, few sales, Potato Market Firm. Onions—Supplies light: _demand Hght. markst steady: New York and | Michigan, 100 pound sacks vellows, . 8 No. 1, 2.00; few large size, 2.10a | 215 Pears- Supplies light: demand light, market steady: New Yorl les from cold storage, bushel haskets Bartletts No. 1. ripe, 1.50a2.00; overripe low as 50: Oregon, boxes Anjous, 4.00; New York. bushel baskets Bartletts, 1 5002.75 Hght demand all U. 8. No. 1. Michigan, 150-pound sacks Russet Rurals, 4.75; Maine, und sacks Green Mountalns, 4.7525.00 Cobblers, ordinary auality and con. | dition, _450: New Y 150-pound sacks Round Whitez. 4.65a4 Sweet potatoes—Homegrowns most- Iy suppiving the market Caulifiower—Supplies liheral: de. mand moderate. market slightly weaker: New York, Long Island, crates. 1.50a1. String heans—Supplies liberal de- mand moderate, market steadv: Nor- folk section. Virginia and South Caro. lina, 5-peck hampers green, 1.50a2.00; téw fancy higher. Tomatoes—Supplies ligh:: demand limited, market dull: Californta. lugs boxes, ripes, wrapped, hest. 2.50; quality and condition. 1.50a2.00. SRR : Are You a Sncker? Too many people put thelr money in day dreams and wake up broke. Never put your name on the dotted line until you have inquired of some oné in your bank what he knows about some stock issue that is of- fered to you privatel: BIG FOUR BOARD RE-ELECTED. CINCINNATI, Ohlo, October 28 (®). —The present directors of the Cleve: land. Cincinnati. Chicago and St. Louis Railroad Co. and the Cincinnati North ern Railroad Co. were re-elected for periods of three vears and one year, re- spectively, at the annual stockhold ers’ meeting here yesterday. GERMAN BdNi?S AN}) STOCKS. (Quoted in dollars per millign marks 1 Gt (w In) 5s 1914-18 170000 1 $ombure 4 an 1 I 2000 Sheenttl Stree oted_in “dol ; R Statesy: e e Gan Elce 4lys precwar Widilaeton “Mechanics’. Ger th; lec 4138 1919 FIRE INSURANCE e Wt : E obE 35 Siax & 44 1w American ... 300 amburg Ar:ll‘l,f.ll\s : Ay . | ';\?:::‘::‘. z‘ Noreh German Lioyd 41 e Rl Norih German Liovd. .. o | Kitionar® Unlon = Prussian ae Krup 21 Dusseldor{ 48 pre-war Frankfort a-M 4s pre-wai Munich 4s pre-war. ... n.%m he Anilin Consals s 192 v A E G (Ger Ge Eiec) AFG(GGE pldB Commerz and Privat Baok Diseonto Geliachalt Tiresdner Bank Deutsche Bank Darmatagdter Bark . Norgur Ban nna... . exden Chemical Bei*a £ 6 (Gen Flee) Berliner Handel fair | % Ala Gt South pfd 118 Alb Pick Bar vte 131 1Alpha Port C n 3% B0 15 2 Alum_ Co ne. & F Rayon Prod. Roilins M. .. Seating pfd. ating vie m Superp let B m Suverp pr pf W P onovie wi 14 Ariz Plow & L T An Gis & Elec. . TAU Pruit_...... 1Atias P Cnew.. 4074 2 Automatic 1st 510 17Bliss E W n 3 Rorden Co .. BBrill Corp A 18 Brill Corp B, 3 Bklyn City B 'R 5 Buf Niag & E: 14 Celluloid Co . 3 © Cn % Celotex Co’ pfd. 1 Cent Pip Cor.... 1Ch Cab M ol G&E G nmopy P C n e B C war' ‘onsol G Balt n “onsol_Laund. Contl Tob Inc.. . Curtise Aero M. Curt Aero M vfd Toehler Die C C. Dunhill Intl T Durant Mot . Bond_& Sh'nf 1 B & Sh n cor. El Invest Tne Pow Cor 0 33 Est Welta Cor A 1Est Welte C B A Fageol Mot Co. 2 Fan Farmer Tne ‘ord Mot Co Can § oundatn For A 3 Fox Theaters A Freshman Chas. . Garod_ Corn. a e RREE e 4 Home T a1nd Ra 2Int Concrets 5 Tatern’ Ttil A 11 Leh Pow n 10Leh Val C wfe TEib A Ch Sura 1 MarAnd & F O M Weat Tl 3. Miller Rub nf i Mohawk Hud Py 1 Nenriine Meter A 1N Yoy North 0 Pow ¢ No Ont L & P uf 1 N0 States P ¢ A 10 Philin 9 11 Reo Mot ; | 4 Ren Mot Trk vte 2 Rich Rad pfi 2 Rickenbhack Mot | L \ | L aa g o g8 P 1 13Seu P & Ln o291, 091, 200 Sou P A& T, war R1g Q1 2 St Ree Pan 2R 2R Sanipuae A A 3, 1 Stand Qanit Mfe. 01 % 215, 3 Stutz Mot 183 188, 1 pa El new 457 457 - 1 Timken Axle 11% !;‘l. o | 1 Todd Shin 3 A o0 i 113 3 Tubize A S Bvic 1603 A1y 1 Tun Sol Lamn A 1813 1815 4 1'ni Biscnit B.. R R 1Uni G Imp € 107 % 07 0ln 1t & P o A 12% 12 ?ni R & El.. 20% 20r [ AWE s 1ok i 1V Taik Much. 10° 102 bird Bros Pie 363 34 g { T Wh & M.... 181, 16% 16 | Sales MINING STOCKS. hundreds i 1 Calaveras Cop. . *v. ! HCons Cop_ Mines 7 1 Eng M Ltd 1 % . ! Falcon Lead Min .69 K Washington Stock Exchange SALES National Metronolitan Bank— at 403. Rizes Nafinnal Bank-—4 at 446 nfl&.,m(mv Monotype—1 at 97%. 5 at :lorrhlh Transfer & Storagé com —86 at Merchant: rancfer & Storage nfd.—5 at Peonles Drug Storee nfd —3 at 108, H AFTER CALL. i {'Wush\nnun Rwy. & Elec. pfd.—20 at o LT A 0 | 7 Potomac Elec. Pow. nfd —5 at 1081 { Money—Call Joans, 5 and 6 par cent Bid and Asked Price: BONDS. PUBLIC UTILITY Rt Awked Am U D e Americat Tl &' Tolen 13103 04d | Amer. Tel. & Tel. etl. tr, 02 | ARacostin & Fot R R.ba.. 83 Ancostia & Pot. aiar. ba.l. 98 | €. & V. Telephone 5a. ... [ 100 & P Tel of Va 5e.000 100 Caplea Traction B, R. 5a100 1014 Cire & Suburban 5k a0 G Georgatown Gas 1st Ba. B a0 Potomac Elec. 1st ba. 111 1001, Fotamas Elan Cona hal 1 1003 i6ii otomar Fleo. @n 1053 Toag { Pot. El. Pow. gl & rfd 105 Warn. Alex. & MU Ver ? 10 Wash' | Akt & Mt V. cife 3 ! Wash Ball. & Annap. Be.. @0 4 washington Gas 5s 100 Washington Gas 6% 101 A"Rwe. & Flee. 4 83 Wash. Rwy. & Elec. gen. e 10215 MISCELLANEOUS hevy Chasa Cluh 31s <t Farms Dairy 83 { e aper Co. M{E. fn. W Joine Stack T, Wardman Park Col ‘ld - L.l 2 e Hotel Blee. STOCKS. PUBLIC UTILITY. { American Tel. & Telra..... 1461 Capital Traction ... Potomae Wash Ru Wash. Rwy National Capital Cotnmbla : commercial” - - Farmars & Méchanics Faderal-American ... 1iberty =5 ! | Ko *Metiapoitan National e 32 SZEEES 33823335853 13883 | Second | Nat. Bank 380 | American Security & Trust.. 3 dontinenta) ruat... - Wi, Loan & Trust.. SAVINGS BANK. & Savings. hirefon... .. ashireton. ool isd"" 490" omme, | fam vy Savine | Seeurity Stheet” TITLE INSURA Yorcanihater fanotspe .- 108 1083 Natl_ Mtge. & Inv. ofd, £ W eoples Drug_Stores pid. 1 n;"‘as”m ® 1 i ridend NEW YORK CURB MARKET It is under- | THE. EVENING Direct to The Star Office stock of Magdalena Syndicate were admitted to trading for the first time. and changed hands in fair volume at Venezulean Petroleum and Mex- h Panuco went fractionally higher. Standard Oils were featured by con- tinued ithprovement in Humbie and Prairie Oil and Gos despite the feeling of uneasiness expressed over the continued increase in domestic output, which is now at its peak of the vear. New Jersey zinc responded to publication of third-quarter reports | and declaration of a. dividend of 2 per cent with a raise of 2 points | when it changed hands at 184. Net income amounted to $1,673,823 after taxes, depreciation, depletion and so forth, which was equal to $3.41 a Sshare on the $49,081,600 capital stock, against $1,607,538 or $3.27 a share in the preceding quarter and $3.58 a share in the corresponding period in 1925. . Another drive against the market for Warner Brothers Plctures re- sulted in a further decline of almost 3 points when the stock sold at 34%. 6 Golden Center M ° . 30 Hawthorne M I. . 1 Hecla Min 19 Kay Copper * Cor 5 Yason Val, Newmont Mining ni_East Min . tah “Metals. | Wenden Cop. . Sales INDEPEND! in hundreds, 0 P R T o U OIL STOCKS. 10 Allen” Oil 00 09 Am Con Oilfids. 70 165 103 Al aracai Co a 4 Beacon_ Oil. .. 30 Carih Synd Cit Serv ne 2Cit Serv pfd 10 Cit Serv pfd Bl 6 Columbia Synd. © 14 Creole Sy 7 Darby Pete 7 Fuclid Oil Northwest Oil Ohio Fu Cor Pandem Oil . 29 Pantepec 0il 5 Pennok Oil Cor. Bank Oil . Sales in wnits 1800 Anglo Am Oil 100 Chesebr'zh Mfs 6000 Continent_0i] n 1100 Humble 0il & R. 200 Tmp O of Can n 100Tnd P L..0.. .. 1R00 Inter_Pet €' Ltd 100 Xat Transit . 200 Ohio Oil . g 100 Penn Mex Firel 700 Prairie 0 & G 0 100 Prairie P L., .. 200 Sou Penn Oil'n 1200870 Tndiana . 1008 0 Kansne 2008 0 Kentucky. 46008 O N ¥ . 208 0 Ohio 200 Vacunm' Oil Sales thousarads 1 Allied 4 Alum 7s n i 20 Am Gas & Pk rit P 0 T Anaconda General Pat e Hav Fl R: Cont Nor SPA 617« 1 Ohio Pow 41551 0 14 Qhio Tow Re'h Ohio Riv 10fx Stl 6 A° ] 041 10 Pan Am_ Pet ' G017 1Pk A (610) BEs 100 P Dix _Cem R Penn 0 A 2 Ph E P 0 Pab G&F ¢ 41 0l 13 Richf'd 0i Rs A 29 Servel Dal_6s 15Schulte R E_Ae® 1 Shawsheen o1 Silesian Amar 1Sou Cal F B 4 ASou Cal E e '§ iSon Gas 61 43 Sont & 1050 % 7 Qun 0i 13 Swift LS Rub flos Flae 001y ‘0 B1a A 1021 A10a1g as:. a8 7 1 33339250939303 a6 Sales FOREIGN BO i thousands. +Anfioqna 73 A 19 Antioq 11 Baden 5 Bue Aires 75 13 Buie Aires 7 Bie A Ber C E 6lhs Burmei ‘& Wa fis 3 Denmark 51 R Finland 61y¢ 8 Free St Pri 6158 5 Ger Cons Mu_ 78 Great € El 6ia¢ 3 Hambure ¥ 78 THULd M 7laa A 977 3Ttalian P U %s . 89 10 Krup Fried L 7a 0014 7 Leon Tie C 71481011 2 Tow Aust Tlas. 06 R Mia Mill Mac B 01 ¢ Y 1 1 5 1 3 bty 10 a6’ 98 12 Saxon P'W 6lsn 051, N4y 108ax S M T 78 45 0RY, 084} 5 Siem & B 78 '28 10074 1007 4 Siem & H 7a 35100% 1008, sadle & | Balatp 00 " an ambE 6a w a4 4 Thys Ir & 5 st st %8 2 aas 16 05Tni S W Als'A 981 a7y, Tni St W 6158 C 0813 0714 20Uni St WA ww 011 911, *Ex-dividend. GREAT N(;RTI'HERN PROFITS. ¢ NEW YORK, October 28 (#).—The Great Northern increased its Septem- !ber net operating income to $5,006,648 |from $4.334.355 in September last {vear. and for the nine months of 1926 to $18.764,154 from $16,410,319 a vear ago. September net of the Chicago and Northwestern was slightly less, $3.095,987, against $3.109,273, but for the nine months rose to $18,052,168 from $15,631,170 a year ago. y i PAYS PAST DIVIDENDS. ’ NEW YORK, October 28 (#).—Di- rectors of the Fisk Rubber Co. today declared a cash dividend of $35 a share on the second preferred stock, wiping out ail accumulations on this issue. The action leaves the company free of all past-due capital obligations, and it will also close its fiscal yvear at the end of this month free from bank indebtedness. RN RUBBER UNCHANGED. NEW YORK, October 28 (Special). —Crude rubber, smoked ribbed sheets, remained unchanged at to- day's noon quotations of 4733¢. This compares with 42%c a month ago and $1 a year ago, STAR, L 1$2.092.66. L [revenue was 82 1001} a7 TR | A Reaverbonrd Rx oK, 1RUT Gen A 10911 A Can B Rw an D Caro D & anre 31 Cal Petp 6125 wi 981, 173 Gt Serd fc 05 1301 ?a: 0 1 Con G Balto s A1 . e S At 1t 100 5 Cuban Tlas 1 1y 1 Tcudahe” s> 0aal aasl oA Duke Pr Pw 2 2 2FI Refrie O =1 P& L 5s 2 Sig Pet T8 Iatineat Py be 2 GatineanPw 8r COTTON ADVANGES ON TRADE BUYING Smaller Southern Offerings and Steady Cables Are the Factors Today. By the Associated Pres: NEW YORK, October 28.—Cotton futures opened steady. December, 1 January, 12.33; March, 12.63; May, 12.90; July, 13.15. The market was steady during today's early trad- ing on reports of smaller Southern of- ferings and relatively steady Liverpool cahles. First prices were 8 to 13 points higher, and active months sold 16 to 18 points above yesterday's closing quotations by the end of the first hour, January advancing to 12.43 on cover- ing, which appeared to be combined | with trade and investment buying. Private cables from Liverpool said there was less hedge selling in that market, prices advancing on trade buying and covering, and also reported an improvement in demand for cotton cloth from India. The smaller volume of Southern hedge selling here at the opening was attributed partly to the progress being made in plans for financing and stor- ing cotton in the South. New Orleans Market. NEW ORLEANS, October 28 (#).— Cotton futures opened steady. Decem- her, 12.35, March, 12.58; M Ju .98. The market opened today in sympathy with better Liverpool cables. first owing gains of 8 to 11 points. Prices continued to improve after the opening call, helped by a better under- tone and progress of the movement to finance the holding of 4,000,000 bales of the present crop. December traded up to 1242, January to 12.49 and March to 12.64, or 15 to 17 points bove yesterday's close. Liverpool Quotations. LIVERPOOL, October 28 (#).—Cot- ton spot, good business; prices steady. American strict good middling, 7.66; good middling, 7.31; strict middling, 7.06; middling, 6.71: strict low mid- dling, 6.31; low middling, 5.75; strict &ood ordinary, 5.41; good ordinary, 4.76. Sales, 10,000 bales, including 7,600 American. Receipts, 26,000 bales; American, 22.300. Futures closed ver: October, 6.63; December, 6.6 6.74; March May, 6.9 9; September, 7.05. M. & P. R. R. INCOME GAINS $2,596.34 IN SEPTEMBER Management Bringing Down Cost of Operating Property, It Is Shown in Ratio of Expenses to Earnings. Special Dispatch to The Star. BALTIMORE., October 28.-—Total operating revenue of the Maryland 1& Penr ilroad for Septem- | ber was $96 an_fncrease of $2,596.34 compared with the corre- spondin mont year a Xpe totaled $61.755 comparative of $503.68, leaving net operating revenue $34,944 an increase of Deductions amounted to increase of $954.95. 11.644.86, an Net rail operating income was $23.34 For the nine-month period total operating revenue was $718,421.60, a comparative decrease of $861.94. Oper- | ating expenses were $501.289.90, a de- of $9,69. et operating . an increase | of $8.831.30. Deductions amounted to | $78,700.77, an_increase of $2,368.73, leaving net raliway operating income, $138.430.93, a gain of $6.462.57. That the management is bringing {down cost of operating the property is indicated by the ratio of operating expenses to gross earnings, which, for September was £3.83 per cent, a re- duction of 1.22 per cent, and for the nine-month period 69.78 per cent, a decrease of 1.26 per cent. | crease SILVER QUOTATIONS. EW_YORK, Ottober 28 (#). cican dollars, 40 Money to Loan Secured by first deed of trust on real estate. Pf."llll!wllirre" and commission. el Joseph 1. Weller 4505wt 15 6 19" REAL ESTATE LOANS 519 FRED T. NESBIT 1010 Vermont Ave. Maln 9392, Provident Mutual Life Insurance Company Funds to Loan In Small or Large Amounts at 514 Per Cent || WM. H. SAUNDERS CO., Inc. 1433 K St. NNW. Main 1016-7 G. M.-P. MURPHY & CO. l Memberd New York Stock I Exchange i Ruccessors to JOHN L. EDWARDS & COMPANY 1416 H Street Northwest 52 Broadway, New York Richmond, Va. WASHINGTON, D. C. COMMODITY NEWS WIRED STAR FROM ENTIRE.COUNTRY NEW ORLEANS, October 28.— Bankers and cotton men here are in the midst of forming a $1.000,000 credit corporation to make loans en- abling cotton growers of Louisiana and south Mississippi to hold their cotton for 20 months—if they so desire. ATLANTA—Georgla bankers are perfecting $10,000,000 credit corpora- tion to retire 300,000 bales of Georgia cotton from the miarket until after next year's crop has been produced. PUEBLO, Colo.—The Santa Fe Rallroad has purchased 115,000 tons of 110-pound rails from the Colorado Fuel and Iron Company and between 30,000 and 35,000 tons of tle plates, Jjoints, bolts and spikes. ROIT—H. C. Moore, potato expert of Michigan State College, is urging farmers not to delay harves ing their tubers. Owing to heavy rains potatoes this year are nearer the surface than usual and more susceptible to frost damage. MINNEAPOLIS—The British coal strike is hurting the wheat farmer of the Northwest. Due to the scarc- ity of ocean tonnage freight rates have been advanced, and wheat ship- ments cost 2 and 3 .cents a bushel more than in 1925. This added ex- pense in transportation is taken off prices paid by foreign interests. FORT WORTH—Daily average crude oil production in west Texas has gained another notch in the last week, rising nearly 8,000 barrels to a daily average of 356,240 barrels. SACRAMENTO — California rice growers are looking forward to good profits. The ecrop is exceptionally heavy and of good quality. Harvest conditions have been excellent and the bulk of the crop Is expected to be in warehouses by November 1. STINNES BOND ISSUE T0 BE OUT NEXT WEEK Halsey, Stuart & Co. Underwrites $25,000,000 Loan for Two American Companies. By the Associated Press. NEW YORK, October 28.—To finance the transfer of the Stinnes in- dustrial interests from German control to two American corporations a bank- ing syndicate, headed by Halsey, Stuart & Co., announced that it had underwritten $25.000,000 of securities for both organizations. Public offer- ing of the bonds probably will be made next week. An issue of $12,500,000 20-year 7 per cent debentures will be sold for the Hugo Stinnes industries, which will own or control majority stock interests in the vast coal properties of the Stinnes family, together with their related enterprises, comprising gas, electric power and chemical plants, A like amount of 10-vear 7 per cent notes will be marketed for the Iugo Stinnes corporation, which will own all the stock of the Iugo Stinnes in- dustries and also acquire control of a group of diversified manufacturing companies not related to the coal in- dustry. POULTRY UNSETTLED. CHICAGO, October 28 (#).—Poul try, alive, unsettled: receipts, 10 ca fowls, 2312; Springs, 23: turkeys, 3 roosters, 18: ducks, geese, 19a21. FIRST 537 rresr LOANS ON DISTRICT PROPERTY Provident Mutual Life Insurance Company Funds THE McLEAN CO. T . AN OPPORTUNITY to acquire a valuable business property in exchange for an apart- ment house. WE offer a valuable business property having an equity of $110,- 000 subject to only one trust for a desirable apartment house carrying Saly onal i business property is lo- cated on a 14th Street catner: in thes pricigl autompbile sales section. trust. Congult Our City Central Property Department 713 14th St. N.W. Main 2345 6:% First Mortgage Serial Gold Bonds N Provision made for payment Newport News, Va. Exceptional Opportunity —for a high-grade, serious-minded salesman who wants to make a per- manent connection with one of the largest Public Utility Corporations in the United States in their Stock and Bond Department. Only listed Stocks and Bonds handled. and the opportu- nity is a real one for the right man in the vicinity of Washington. Only a real salesman can qualify, and he must be able to furmish unimpeach- able references as to past business experience, character, and knowledge of selling. Address Box 213-Hy Star Office. of District of Columbia Five Mill Tax - MATURITIES: 2 TO 11 YEARS THURSDAY, OCTOBER 1926. STOCKMEN'S TILLS FATTER THIS YEAR Will Have $50,000,000 More to Spend in 1926 Due to Bet- ter Prices for Animals. 28, BY J. C. ROYLI Special Dispatch to The Star NEW YORK, October 28.—Approxi-{ mately 70,150,000 cattle, calves, hogs and sheep will have been con- verted into meat and meat prod- ucts before the year is over. That is the estimate made to- day by packing house authorities, based on the slaughterings of the first 10 months of the year. This total will approximate closely to that of 1925. when 9,853,200 cattle, 5,553.200 calves, 42,950,000 hogs and approximately 12,- 000.000 sheep were dressed. The number of hogs dressed so far this year has not been so great as in the first 10 months of 1925, but their weight has been greater, owing to the relatively large corn supplies available for feeders. Beef, veal, mutton and lamb have shown slight increases. The figures above are based on slaughterings in plants under Federal inspection, which account for approxi- mately two-thirds of the meat pro- duced. Hog Price Average Higher. The average price for hogs today is about 12 per cent higher than it was a yvear ago. But god and choice heef cattle are lower than in October, 1 when the supply was smaller. The sum paid to the producers of live stock this vear has exceeded the amount distributed during the cor- responding period of 1925 by about $50,000,000. Wholesale meat prices now are approximately at tae same levels as obtained a year ago. Good and choice grades of beef are lower, but some _pork cuts, including fresh loins, are higher. Exports of meat products have fallen off about 10 per cent, according to Government figures, for the first eight months of the year and values have shown a similar decline. For example, total meats and meat prod- ucts shipped to September 1 amount- ed to 333,300,106 pounds, valued at $70,262,783, as compared with 429, 63 pounds, worth $80,852,156, in Conditioning Cost Less. These figures in the main are satis- factory from the point of view of busi- ness throughout the country. The forage crops in general do not indicate as high a return to growers as they did last year, but when turned into wheat the profit side of the ledger looks much brighter. Not only has $30,000,000 more than last year been paid to live stock growers, but the conditioning of the animals they have marketed cost them much less than in previous seasons. However, the improvement over the returns of last year will not be so large as to be startling, though it would seem to in- dicate « stability of buying power in the West and Middle West, which is most encouraging. The satisfaction with which the Oliver Goldsmith 1728 - 1774 ALES of Goldsmith's profligacy with money abound. At twenty-three after numerous escapades, he resolved to study law. A gen- erous uncle advanced £50. Goldsmith went to Dublin and lost his stake in a gam- ing house in one night. His famous novel “The Vicar of Wakefield” is the subject of an amusing tale by Samuel Johnson. Goldsmith, according to the story, was being ousted by his landlady and applied to " Johnson for aid. Johnson took the manu- script of “The Vicar of Wake- field,” went out and sold it for £60 and returned in time to save his friend. Gambling and easy living have been a menace to finan- cial success in all ages. Today the wise man invests his sur- plus earnings so that he may have an independent income during his later years. And if he invests in our 61%4% First Mortgages, he is assured of safety and a liberal, regular return for the rest of his life. Swartzell Rheem & HenseyCo., Bankers 721~ 15’;' St.NW. ‘WashingtonDC. Without Loss To S y«:r: Investor FINANCIAL. outlook is regarded extends to the packers. Meat supplies in storage are somewhat heavier than last Fall, but the outlook for immediate slaughterings should tend to stabilize values. Owing to the heavy weights of the hogs marketed, supplies of lard are very large, and the European situation is such that litJe ald can be expected in that direction toward reduction of stocks. Industry Is Confident. F. Edson White, Chicago packing house executive, says the industry looks to the future with greater con- fidence than at any timé since the war. Belief that the packer can charge any price he chooses and force the consumer to pay it is ridiculous,’™ Mr. White said. “The packer stands be- The New York Life * 31 tween the producer and the con- sumer. He feels the pressure for high prices for live stock from one and the pressure for low prices fo meat from the other, and final prices are almost automatically adjusted for him."” He added that the so-called hand-to- mouth buying had invaded the pack- ing industry and that many of the packers had now found it of advan- tage rather than disadvantage. “Many of us”' he said, reached the belief that the policy the quick turnover is the foundation of continued prosperity. BUTTER IS UNCHANGED. CHICAGO, October 28 (#).—Butter, unchanged: recelipts, 3,414 tubs. Eggs, unchanged; receipts, 2,796 cases. 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