Evening Star Newspaper, November 1, 1926, Page 31

FINANCIAL., THE EVENING STAR, WASHINGTON, D. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. NEW YORK. November 1.—Today’s Curb Market session, coming as it did between sesslons of business over the week end and the election holiday, dld little one way or the other. There was a decided tendency to await elec tion developments before renesving | group. vperations on either side. The result [ican Maracaibo and Tidal Osage non- fractionally following publication of the statement. w the persistent buying at slightly bet- of Indiana, New was of more significance than the movement of prices in the in- dustrials of the specialty class was ter prices of the oil shares. Standard York and Humble Oil were favorites in the Standard while Carib Syndicate, Amer- vas a mixed movement of prices, |voting trust among the independents th gains and losses in most in- |reached higher prices. ces fractional. but with gains in| American Gas and Electric gained than a point at one time, but at the higher price down more ran into profit taking level which carried the majori W liss Co. shares cbunged Lands at 25, the price at whih they 1oft off last week. Thg 1ise of 3 a point below the Saturday final. points in the &hares fast week ac- | Other public utilities were quieter companied the rurgr that negotla- | than they have been recently. tions were under ¢ay for the absorp- ! reported after midday that tion of the comMny by the American |the Standard Ofl of Indiana direct- Can. The report, however, was de-|orate had declared the usual extra nied by the president of the latter | distribution of 25 cents in addition to company. Bliss common sold down the regular quarterly 621 cents. DEPENDENT OIL STOCKS. It was Followi = s a list of bonds and | stocks traded in on the New York PN %on onfis.. 80 78 80 curb Murket today. 394N Maracavo ¢ 73 7 7% Bals ~ Argo_Onl é'- .l‘:'g ’l‘ s i Moy o ¢ Rlndyce “‘ D) AL L G S5 Al Bek Bar vt 1 > 18 ! i Serv . 4 483 48 B ll Serv Illd . 9. #idy ol o g 1007 RS i L& " TYac... 210 * it S 1l 3 omtine B 40 i i ‘Asa \.ll: & Fier AW Fmes o o Fuiel St ravenid BVie E s & TRk Bl .= FEIFE FEIF It 4, al 1 1 FEETIES A BEGDE B 0 Gal g 1800 Humole 01l & K 100 1mp 0 of ¢ 130 Pet R ey e sa ous 2225%, Ger <G E B ropis 2 Gillette s b Glen Kiden Lo Gobel l“!{m} < nd Con 91008 O N°Y 7 Intern Ut ) Vac lv Jones. & Laugh's W b y,h N S BONDS. in thousands. i lxn\«m s 8 A S faro%na s 2 Beaverbid *Ss. “orp 7 Sharon ~u E (,...' GSou B & Lon . 100 Sou P & Ty Southw “peit "pi 1 Stuta Motor ©.. | Swift Il % Swift & “ Trans Lox s P& 10 Gatinean Pow 58 1313 4 Gauneau Pow 83 07 % 6 Geueral Pet d, - odyear 54 1101l Corp Cen ¥h M«.-A 89 ch Pow 03 A U3% e at 2o uvml.u:'; ina § MINING STOCK fosin, MINING sTOCKs fons Cop Mines Min. W Cornelia | New Jersey Ziric. o \ipissing North Butte y 4 Warrior Rt Am Gold & P Gold . .08 Washington Stock Exchange SALES. ashington Gas 5 "60—$1.000 at 100 1 ? at 1081, - Tptd—10 ai i ton Rvu & Elec. ptd—10 at at 00, 6 0 Roime 101 ok Stor. pid—L0 at 101, By C Bovhi 1D =y ner B P 56 1067 1007, m.m ! W ebster Mil 6138 97 ° 07 ° 07 AFTER CALL | el 08 We s 100% 100% 100% Jolptomas Electric Cons - , FOREIGN BOXDS. 2 surands, 3 Andi Nat ¢ 6 we will be closed tomorrow Mony —Call loans. 5 and 6 per cent Bid and Asked Prices. BONDS. PUBLIC UTILITY. Tl gl n 'n R 5 Pot & sar & 1001 101 s " < *Ex dividend. iogy | Tl BANK CLEARINGS 102 03 NEW YORK, November 1 (Special). V Bk B 101 New York bank clearings, § e s 101 | 000: New York bank balances, $Ue" 88% 100 |000000: New York Federal K credits, $44.000.0 . $66,000,000 . STANDARD OIL DIVIDEND. CHICAGO. November 1 V& Elec dom Directors of the Standard Oil Co. of Ruy. & Flec. p the regular NATIONAL BANK. dividend of 62% cents a Caital _an extra cash dividend of 5 s both payable on - | December holders of {record on November The extra {is the third such dividend declared | this year. « & Mechanios’ American 450 385" | DRY GOODS QUIET. [ NEW YORK. November 1 (Special). 380 | —Cotton goods markets were quiet % at the start of the week with prices unchanged. Print cloths were quoted Ilat 7 cents for 64x60s and 7% cents | tor 6 Raw silks were quiet at unchanged price: sA mmerce & Savings. Tas Washir gton B Security Savings k <0m = % B RUBBER DECLINES. NEW YORK —<rude rubber, smoked ribbed sheet 13 WWiifiheion Mechanics’ FIRE INSURANCE ned J; cent at today’s noon quo- i1 ltaton of 42 cents. This compares Fireme : = Flremenis oo : ;\I!:}:; a month ago and Xl TITLE INSU] RAV(‘F ———— i mbia ‘Tum ie s ‘“I“ ESRGt Mo com £ | C. & 0. BUYS RAILS. MISCELLANEOUS, NEW YORK. November 1 (P).— Pager pta { Heavy buying by many P Graze ofd v Fadath "N ted by peake & Ohio for 45,000 tons estimated requirements for . Ilinois Steel and Inland Steel each got 16,800 tons and Bethlehem Steal 11,200 tons. November 1 (Special) i State tobacco warehouses and 35 hogs- heads of ground leaves. tinue in good demand. Quotations to- greenish, fine red, $35 to §: onds, common to medium, $6 to $20; seconds, good to fine, $21 to $40; upper countr; leave: mnur unsettied: Spring patents, 7.60a New 37.00; Middlewest, domestic 1.49% TOBACCO RECEIPTS DROP. Mayyland Sales Double Arrivals for the Past Week. Special Dispatch to The Star. BALTIMORE, November ceipts of Maryland leaf tobacco con- tinue to show a decline, only 576 hogs- heads being received last week, while sales amounted to 1,217 hogsheads, leaving 20,001 hogsheads with the the Desirable grades of leaf tobacco con- | 6281 pounds: Teat, 83 to $5: $9 to $14: good common, $15 to $24; medium, to $34; good to fancy. $52; sec- | air cured, $7 to $35; ground nominal. NEW YORK MABKETS NEW YORK, November 1 (#).— soft Winter straights, 6.40a6.80; | d Winter straights, 7. . Rye No. 2 Western, 1.06% f. o. b. ., and 1. e, L & Barley steady; malting 8134 c. York. ~ Pork— Dull; _mess, family, 40.00. Lard—Weak; 13.65213.75. Tallow— pecial loose, 7%; extra, 75%. Futures opened barely steady; | December, 1.44%; May, First Mortgage Loam ' Lowest Rates of Intercst and Commission Thomas J. Fisher & Company, 738 Secured by firet drud of trust on real estate. | .loleph \Weller mpt Action. Ine. 15th _Street. EARNINGS ON DECLINE. NEW YORK, November 1 (#).—Net earnings of American Cash Register Co. for the third quarter declined to $1,678,394, from § quarter last year and for the nine months of 1926 to $4,745,974 from L—Re- | $5,766,511 in the same period of 1925. 896,780 in the third CRUDE OIL PRODUCTION. NEW YORK, November 1 (#).— Crude ol production in California in week ended October 30 averaged 500 barrels daily, an increase of 9,600 barrels dally over the week be- day for Maryland tobacco per 100 |fore. The daily Increase in the Los Interior and frosted, firm | Angeles basin was 6,600 barrels, with sound common and | a daily output of 315,500 barrels. We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street Provident Mutual Life Insurance Company Funds to Loan In Small or Large Amounts at 53¢ Per Cent WM. H. SAUNDERS CO., Inc. Realtors 1433 K St. NW. n 1016-7 Money to Loan nisrent and commission, The Mutual | '~ Serial Building I Association G. M.-P. MURPHY| & Co. Members New York Stock Erchange Successors to JOHN L. EDWARDS & COMPANY 1416 H Street Northwest 52 Broadway, New York Richmond, Va. Newport News, Va. ., Oreanized October. 1892 i Under Government Snpcnlnon | Subscribe NOW for stock in | the 35th Series Shares $1 Each, Payable Monthly 5% Interest paid on your savings Joseph Goldenberg I 1 President ] Thomas E. Petty Reeretary 1421 U Street N.W. | J. Walter Stephenson ‘Treasurer | 306 7th' Street S.W. | " !i il | I il il \u\m\\um | \ ll!‘ IR Honoré De Balzac 1799 -1850 ITH a dim lamp burning in his garret, Honore de Balzac early learned the habit of start- ing to write at midnight, after a few hours’ sleep. He would continue almost indefinitely—sometimes teen hours on end. six- His keen observation and fertile imagination—and, above all, his tireless perse- verance—proved victorious over a family that tried to starve him out of the writing profession by cutting him off with a meager allowance. Perseverance is the keynote of many a fortune today, but | ce is useless: unless persevel there is a safe way to preserve the fruits of that hard toil. Our 6 First Mortgages are the popular investment, because they lutely, ings and pay a liberal return as well. protect, abso- vour hard-earned sav- | Swartzell Rheem & HenseyCo., Bankers -15% S§t.NW. T%zlaslemgton_nf Years Without Loss To 7 an Investor on Monday morning, November First 54 Wall Strest New York Members New York Stock Exchange Bar silver, 40%. NEW C., MONDAY, NOVEMBER 1, SILVER QUOTATIONS. | NEW YORK, November 1 (#).— 533%; Mexican dollars, — GOODYEAR OUTPUT GAINS. YORK, November 1 (P).— Goodyear Tire and Rubber had record production in the third quarter, the output of 3,721,209 tires contrasting with 8,455,022 in the second quarter & and 3,493,164 in the first quarter. | 1926. Insurance Company Realtors 1522 K St. N.W. 537 2=t LOANS ON DISTRICT PROPERTY Provident Mutual Life Funds THE McLEAN CO. ANNOUNCEMENT The National Life Insurance Co. Montpelier, Vermont Announces the Removal Today of Its District of Columbia Offices to Suite 501-2-3, Wilkins Building 1512 H Street Northwest WM. C. WORTHINGTON, John T. Worthington Charles T. Tittmann General Manager Associates Frederick A. Johnson 8. R. Campbell Equitable Co-Operative Building Ass’n JOHN JOY hl)SOV Presldenl WALTER S. PRATT, Jr., Secretary ‘5 138 317.22 thunphons for the 91st Issue of Stock Being Received Organized 1 Assets J.&W.SELIGMAN & CO. announce the removal of their Washington office from 1409 H Street N. W, lo the Securities Building 729 FIFTEENTH STREET, N. W. 46th YEAR COMPLETED Surplus You Can Breathe More Freely— a few years hence if you start saving It's not how much you make a week, but how much Think of the money you've wasted foolishly—think what you would have had iIf you had saved that delay the Equitable’s sys- tematic plan of saving and STICK TO IT. stematically in the Equitable. vou save that counts most. money in the Don't another day, Equitable. Join 915 F Street 729 Fifteenth Street ‘Washington Telephone Main 3606 Today’s smoker wants natural tobacco taste, no doubt about that! +.$1,406,495.76 Liccerr & Mrers Tosacco Co. I Th i e New York Life Insurance Company First Mortgage Loans On Improved Real Estate in the District of Columbia and Nearby Suburbs in Montgomery County, Maryland Homes Apartments FINANCIAL. 3 Years, 5 Years, 10 Years Incorporated OLD National Bank in the District of Columbia COMPLETELY EQUIPPED TRUST DEPT. TRAVELERS’ CHECKS & LETTERS OF CREDIT 3% Compound Interest [2 The Manager of our Loan will be glad to advise you. 1514 K Street Our Financing Service Ample funds immediately avail- able for approved new construction projects. Money to loan on completed build- ings where refinancing is desired. Assurance of prompt investigalion CKEEVER=dGO Depositors’ Convenience —this bank will remain Open Until 5:30 P.M. Today Dollar mll open 2 Savings Account National One Istal Metropolitan Bank of all propesitions submitted to us. with funds quickly available on ceptance. ae- Department EEALTORS. | Main 4752 blished —112 Years Old RANDALL H. HAGNER:® COMPANY MORTGAGE LoAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Are You Going to Build? Comprises Three Main Features— 1814 15th St., Opposite U. S. Treasury Known Values ONEY invested in our First Mortgage Notes. secured by Improved Real Estate located in the Na- tional Capital, 1s money truly INVESTED—for Washing- ton Real Estate 1s a medium practically immune from In- dustrial Depression. since the enterprlse n Was]nng— ton is in the main Govern- mental. A Third securities. Approved Wash ofa ington realty safeguards your . principal; experienced manage- Century : ? Y ment methods assure vour in Without a terest. Loss In Amounts of $250 and Up B. Main 2100 THERE PAY PARTIALLY; INVEST THOCROUGHLY Absence of sources for investme aitiated with as extenst \n nt wnd extends conveniently period of ten months enables vou to acquire these proved-safe 925 15th IS NO SUBSTITUTE FOR F. SAUL CO. St as handicap to the man who wishes to gain the features of our 6,9, FIRST MORTGAGES A payment plan which can be little &5 over