Evening Star Newspaper, November 30, 1926, Page 15

FINA FURTHER SELLING INCOTTON TODAY Reports of Larger Spot Of- ferings Keep Market in Weak Condition. By the Associated Press. i NEW YORK, November 30. Re- newal of S 2o selling and red the cotton mark v v, hr- latter pro- moted by of freer spot. offe h and rela- tively easy The openi in corseqt deal of co 1he 12.3: the market h end of the first heurs Additional December notices amount- ng to about 5.000 hales were reported. but December held a_premium. uf some ln‘n|\yuml~u\1l. ry. cables said there h: in Liverpoo nd that report Manchester were discouraging. New Orleans Quotations. NEW ORLEANS, November 30 (®).—The cotton mark here today, due to lo eables than due, the tional Decem bales in New Yor general husines showed losses of market cased of ber trading to M lower A good 1a buying on ling off to for May, from . and the | with Decem- | January to 12.40 | 5 to T points | ‘will not be pick Jiverpool Cotton. LIVERPOOL Novemb Cotton—Spot quiet; prices American rict ;_nud middling, 85 good middling riet r\ml(i'\m» 7.20; ll\l‘IiiUl.r. lu\ low mid dling, 6.45; low ling, 5 od | o v, 5.5 ;“m ordina oo ” il s, Including 4/ 4(!(\ . 600 bales; May, 6.85; Official noon o ¥ March, 6.75 tober, 7.00. vembc TOBACCO SALES BRISK. ‘Winston-Salem Reports Extra Lively Auction Market. WINS LN ber 30 (#) floors of the tured t g ing yes at an averaze dred About one v on the floors of rooms. The market after a three-d giving with cents high sales A conside tobaceo came vesterd W follow- 72 pounds 36 a hun- n I“ inds were the four auction reopencd vesterday s - over Thanks- ces about 30 thap in the pre-holiday able amount of storage on to the auction floors NEW STOCK OFFERED. W YORK, November 30 (P).— offering of $300,000 cumulat sont preferred stos Kinnear Stores Co. Pu conve is being made at $120 per on the w00 wrr & Co G 1 dividends unit accrued preferred. LIVE POULTRY STEADY. CHICAGO, Yov Washington Stock Exchange SALES. —§ at 103%. 10 at TER CALL. Power $100 at 1023, L5500 at 83 7000 at 100, e. & Invest. pfd.—100 at 8. 5 and 6 per cent. BONDS. Bid and Asked Prices. pld—5 at D 100% a9l 1008) 10014 108 * 831, 104 - of preferred and | NCIAL. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. NEW YORK, November 30.—The element favoring the side of higher prices was partly successful in check- ing the selling movement which began on the Curb Exchange in the late trading Monday and continued for a time today. The main body of stocks, however, assumed no definite tendency and the main operations centered ir individual issues which were eithe being carried toward higher levels o offered down for special reasons. bonds_anc New York Following is a list of stocks traded in on the Curb Market today. Sales in INDUSTRIALS | Ami i ‘Corp Bll Gorn & Am_ Tob ¢ n R R 2105 it 1 Sou Cit ULl A 5 South Tee & 04 TSou P & L n 4 Sou P & L'p pi. 0¢ P L war AR Sales in hundreds 10 2 Apex. NDENT OIL wrorm 01l lex Paniico 8 Mount Prod. [1! 0 Mo ) [ T Woodley Pet n." 6% 6% Sales in twy. & F iR Rwy. & 20% NATIC nal Capital & Mechanics erican Metropolitan. k' of Wad TRUST COMPANY. t x Wash. Loan & Triist 7 SAVINGS BANK £s FIRE INSURANCE Md. com MISCELLANEOTS. \qomm 1s t'flexu'e & Provles 1 & {units. STANDARD OIL ISSUES 100 Atl Lobos. .. Atl Lobos Bfd. - ) Continent” il n. ok 100 Gal Siz 0T B up | Joseph 500 Vacuum' O 'L | sales in al BONDS | in'thousands L 106% g “m_l[‘.[: e i Sogir TAR b o G T&R C5 \ S Y iHav El Rwy 5%s 894 THE EVENING STAR, WASHINGTON, D. Hood Rub 78, 10%‘3‘“’-‘“ r;.on‘:v'flu % e W P gL ge B an siom S s 7 B aom s B B! o 0 T bswi. FOREIGN ousands. B An Nat C 68 ww .," 3 Bue 95 2 Rie Airea 73 89 e Aires 7148 er B R 6%8 wi s G G nda Ealle 5o A Bhw n PW Gls 964 R 9015 MTG%s Wi 978 in 78 36, 7 St Hamblirg ! ohxal dend MICHIGAN TURNS D6WN STINNES NOTES’ SALE .|/ 61% CONSULT US —for_safe investment of Four eurplus funds. {o,the future by inves! wm. H. s.nnden Coy 1887.° 1438 K ot. {““""v?v"..mnn & Mortgage Notes We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of inter- est. Should you have Money to Invest —we can also take care of you. Our experience, ex- tending over a period of Thirty-five Years —insures vour protection. Perev H. Russell Co. 926 15!h St. NW. ‘SALESMEN Ours is an investment proposition of the first class, supported by lead- ing Washington people. Our stockholders in- clude bankers and busi- ness men of high stand- ing. Can use two men of experience and char- acter, prepared to mas- ter our proposition and follow instructions. Sat- isfying results now being secured by our carefully selected staff. Effective leads and full co-operation. Sales Manager, 206 Hill Building. State Public Utilities Commission Holds Underwriters’ Payment ‘Wotulld Be Excessive. By the Associated Press. SING, November 30.— ters for the proposed $2 000,000 issue of notes and debentures by the Stinnes interests of Germany were denied permission to sell the curities in Michizan by the S Public Utilities Commission ye day. According to H. N. Duff, securities commissioner, the proposal calls for the issuance of $12,500,000 against the Hugo Stinnes industries, and a like amount against the Hugo Stinnes R ti The plan, as outlined by . representing the under- led for a bonus or commis- sion of 500,000 shares for the under- writers, which they proposed to sell 20 a share, plus certain other con- cessions, Duff said. The proposed payment to the agents would be excessive, the com- ion h afall tted, Duff sald, that Ed- ward Stinnes, one of the sons of the lo.e Hugo Stinnes, had incumbered the Stinnes estate by venturing into the automobile and motion picture in- dustries. German banks furnished the money, Clafall was quoted as say. ing, with Stinnes holdings as secur- Duff asserted the plan to rai $25,000,000 in the United States ap- pearcd to be a plan to transfer the loans to this country. The underwriters were listed as Hal- sey, Stewart & Co., A. G. Becker Co. and Neuman, Saunders & Co. of | Chicago and New York. i Governor’s Leg Removed. MEMPHIS, Tenn., November 30! (P)—The left leg of Gov. Henry L. Whitfield of M ippi was am- putated above the knee here tod: The governor, who is 58 years old was said to have stood the operation well. He suffered from a bone dis- ease that followed an injury while playing tennis several years ago. . GERMAN BONDS AND STOCKS. (Quoted in dollars per mllllrmdmxrks o \ ke Ger Gt (w In) Bs 1014-18 1875.00 1925 00 ' Hamburg 4%s 191 .00 “115.00 (Quoted in duxm- Ger Gen Elec 435 pre-w. Ger Gen Flee 41ys 1010 T 5} rupy 5 % I T 45 pre-wa A E Commerz and T Disconto Gellsc Dresdner Bank Deutsche Bank Aust en’ Berliner }hndel- FOREIGN EXCHANGE. a nished_bs W. B, Hibbs & Co.) {Quotationsun - Nomnal”Selling checks | Lendon. pound. . 1P doltar 134 | Brasic” % ;s.cnxnd by trst deed of trust on re crow Bindapsst, Money to Loan re\mhn: interest lnq, Com. T, Weller 439V, FIRST MORTGAGES FOR SALE 1 6Y2% THE 1YPE OF SECURITY €0 RVATI 'ORs BUY In denominations of $250, $500, $750, $1,000 and upwards, se- cured on improved real estate situated in the District Columbia. JAMES F. SHEA 643 Louisiana Ave. NW. “TONNAGE LIFTER Mechanical Movements Patent No. 1512486 ‘Aror sale or lease, in part or outright. hment ‘of tonnage lifting through lse of this device when suitable power 18 applied to operate the movements. sides being a very efficient tonnage 1ift: ing device 1t is sultable for many other puFpozes cither for use by haud or pow. The working model has to be {0’ tully appreciate the value of this ia- vention. . E. WHITE, Paxentee and Owner. Diversification Insures Safety You Can Now Invest Any Amount in 80 Corporations Representing 19 Industries Which Are All Paying Dividends. CIRCULAR ON REQUEST. ] HARRIMAN & CO. b waflmmmmmmmmmrmmm?— gu]fl&] a OMPAN [nvesTMENT Securities WOODWARD BUILDING WASHINGTON, D.C. Continental Trust Co. 14th and H Streets Capital $1,000,000.00 Checking Accounts Savings Accounts Time Deposits Foreign Exchange Commercial Credits Travelers’ Credits Travelers’ Cheques Acceptance Credits Collections Real Estate Loans Collateral Loans Investment Securities Corporate Trusts Individual Trusts Administrator, Executor Safe Deposit Boxes Continental Trust Co. 14th and H Streets Capital $1,000,000.00 First Mortgage Serial Gold Bonds TZ‘;“BSW: of @;lwnbia Five Mill Tax MATURITIES: 2 TO 12 YEARS Established 1904 Capital & Surplus Over $9,000,000 17th and H Streets, N. W. 7 Z C., TUESDAY, NOVEMBER 30, 1926. Real Estate Board Appraisals Will give you confidential unbiased and thoroughly dependable information on values. For . detailed information, g fees, etc., write or call the lembers: N. Y. Stock Exchange 111 Broadway, New York —Now occupying their new Offices— 729 15th St.N.W. WASHINGTON, D. C. Telephone Main 1603 For the convenience of customers, Offices are & open, daily, from 8 a. & until 6 p.m. Board Offices, Main 4495. Washington Real Estate Board 1417 K Street, N.W. 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, 5 Years, 10 Years — B%% Apartmen RANnAm. H. HAGNER«® COMPANY Incorporated MORTGAGE LoAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Office Buildings Business Properties SAVE MORTGAGE DELAYS Take advantage of the quick service with which we respond to your application for First Mortgage Money ih any amount. Low rate of interest and commission B. F. SAUL CO. Main 2100. 925 15th St. N.W. Good, Safe Investments —selected Washington estate of known value and the recommendation of an organi- zation of 19 years’ experience. 6Y2% FIRST MORTGAGE NOTES ROSSEEPHE(PS real FOUNDED 1907 1417 K Street—Main 9300 INVEST IN KNOWN SECURITY ‘The factor of chance has been obliter- ated in the purchase of our First Mort- gage Notes. Our reputation—“Never has an investor lost a penny in either principal or interest” The fact that _the presence of governmental enterprise is a stabilizing influence on medium values—are obvious proofs of the safety of our Securities. FINANCIAL. Capital, Surplus & Undivided Profits, Over $2,000,000 For Payday Depositors’ |||| |||; l} Convenience I —this bank will remain Open Until 5:30 P.M. TODAY & TOMORROW One Dollar will open a Savings Account Metropolltan 112 B 112 Years Years old Oold 15th St. opp. U. S. Treasury INTEREST PAID ON SAVINGS Increase Your Income > 6%2 SmrrH Bonps it has been your custom to confine Il;our major purchases to railroad, in- dustrial and pubhc utility issues, real estate bonds give you the opportunity to increase your averageyield, without sacri- ficing any element that makes for safety of principal and assured income. Smith Bonds combine the yield of 6%% with the security of first mortgages on modern, income-producing city property and with safeguards that have resulted in our record of No Loss to Any Investor in 53 Years You may invest in $1,000, $500 and $100 denominations, outright for cashorunder our Investment Savings Plan which pays the full rate of bond interest on regular monthly payments. Mail the form below for copies of our free booklets, “Fifty-three Years of Proven Safety” and “How to Build an Indepen- dent Income.” THE F. H.SMITH CoO. Founded 1873 SMITH BUILDING: Washington, D.C.-~Main 6464 [NEW YORK PHILADELPHIA PITTSBURGH [BOSTON' BUFFALO ALBANY MINNEAPOLIS Name.... .Address. The Apartment Rental Field ~ —is one in which we have specialized for a Third of a Century. Have us man- age your property to your ‘real, regular profit. We save you time, attention to details, worry and unnec- essary expense. B. F. SAUL CO. Main 2100 925 15th St. N.W. Get ALL the Facts About Straus Bonds Now? It is a daily occurrence for a new customer to say, in effect, “I wish I had known as much about Straus Bonds ten years ago as I do now.” Many investors confine their purchases to one general type of security. Sometimes the choice is wise, sometimes not." In your case might it not be worth while to be thoroughly informed regarding a security so satisfactory to tens of thousands of other investors — whose in- herent soundness is attested by their record of “44 Years With- out Loss to Any Investor” — whose yield of 5.75 to 6.25% may make a gratifying increase in your investment i‘ncor'ne‘ The whole story is contained in an interesting booklet which you can read in a half hour or less. We suggest that you send for your copy today. ASK FOR BOOKLET 432-G S.W.STRAUS & CO. BTABLUNED 1882 N INVESTMENT BOMDS % INCORFORATED 929 FIFTEENTH STREET Telephone Main 5847 WASHINGTON 44 Years Without Loss to Any Investor