Evening Star Newspaper, December 3, 1926, Page 11

At Honolulu, where the pineapple 3 started work for the it broke all previous output recently when 0 cans in 24 pack t ear large, because nd of Lani are being the first time. This hased a few years ago ng Hawaiian pineapple and is devoted exclusively plantatio to this cuiture. COMMODITY NEWS WIRED STAR FROM | | ENTIRE COUNTRY PORTLAND, Creg., December 3.— \ re is a big surplus of < all up and down the Pacific dealers here report a shortage ey Delicious species Spit in extr: low as 20 cents on keeping packs ar as 4 Christmas wde s progress! pace above at of last vear. It is estimated 1,000,000 will be spent in the Loop Mail order business has slowed b down some DETROIT, December 3.—The Oak- 1@nd Motor Car Corporation shipped approximately 7,000 cars in November, compared with in October. Of the November shipments about 5,000 were Pontincs and 2,000 Oaklands while in October €390 were Pontiac were Og nds. OSTON, December 3.—It is expect- ed the United Drug Co. will report % total of $100,000.000 in sales this vear, oxciusive of English and Cans dian’ business, or about $115,000,000 With these foreign sales included. The increase in number of stores from 302 %o 438 accounts for much of the gain. NEW ORI NS, La., December 3.—Orders at Southern Pine Assocla- tion mills in the last week increased 5.4 per cent to 62,479,000 feet. Ship- ments decreased 5.6 per cent to 5. 100,000 feet and production fell off 5.9 per cent to $3,935,000. Unfilled orders total 203,515,000 Zeet, A Quantities | Sales STANDARD OIL ISSU in units. 100 Ang Am O 100 Ruckeve P 2500 Contl Oil 50 Cumt 3 50 Eureka P L. . 60 Gal S O pid old: WALL STREET BRIEFS W YORK, December 3 (#),—Two more seats on the New York Stock Exchange were sold today, each at the recent record price of $170,000, to Wil- liam P. T. Preston and Leonard H. Bernheim, both of New York. n vte 187, L 457, 8 a5y N October net earnings of the Pullman Co. declined to $368,722, after taxes, from $668,838 in October, 1925, and for the 10 months this year to $9,392,970 from $11,592,947 a vear ago. Ahumada Lead Co. declared a quar- terly dividend of cents and a smaller extra of 71¢ cents, in contrast {to previous quarterly distributions of 714 cents and extras of 17% cents. T Hold-ups and burglaries in the last vear greatly expanded the armored car service of the United States Truck- ing Corporation, about 1,400 new cus- | tomers having been added to the pre- | vious 400. Beech-Nut * Pk Butte & Su) Canad Gen E] p Fleischman Co W e et Do. 8t e Do 79 p i 1 Trac. Co pfd Internation Sho 000007 00008 00006000000 AF3722 O i P 101k b S50t bttt 2L B DA A2 53 31 108 Y DR B SN S DD D AAR A DD R AN AR Natfonal _Supnly £2.0 o Nevadn Con Con '§ a7 Bec 014 Colony R R. O 1% % Jan. Dec Oil Well Sun nf.. Q 1 Feb. Jan. Reynolds J R Tob Q $1.25 Jan Dec. Do. Class Q $128 Jan. 1 Dec. Q $1778 Jan. 1 Dec. O $1:80 Feb. 1 Jan. 3 .50 Anr, Q si50 July Q 50 Oct. § B o g Jan. atk Dee: Q1 Dec. Q Dec. & Dec. o 07 Dec. ex 07 ‘16’& 3 Dec. 18 n K1.2 5y Dt sia g 38 Ttah G & Goko 50 81 F Do part pf.... Q & 15 e FEDERAL LAND BANK BONDS. American_Locomotive Co. has sold la tract of 172 acres in St. Louis, in- {tended for a plant that was never | built, for a rerorted price of $258,840. October surplus of the Chicago Great Western declined to $229,211 from $274,122 in October, 1925, but for the {10 months of 1926 was $884,081 against I’S%S&SST in the same period last year. ! public offerings of 10,000 shares of §7 cumulative dividend preferred stock of the Curtis Publishing Co. is | being made at $116.50 a share, to yield 1§ per cent, by a syndicate headed by Hallgarten & Co. The sares were | privately acquired and do not repre- | sent introduction of new money in the | company. | American Steel Foundries is under- stood to have arranged to buy the Verona Steel Castings Co. for cash, ‘i W the amount not being known, and also | Warsas Oslo, Is is negotiating for the purchase of one or two other small companies, FOUNDED 1907 1417 K Street—Main 9300 SAFEE FIRST The (Quoted by Alex. Brown & Sons. Closing.) Bid. Asked"biely . 100 190% el 0015 100 3oal 03" 1034 470 . 103 103 ‘,L . 101 101 ‘.22 101% lo1 101 101 13 101 101 424 . 102% 103 421 D103 1038 42 103 103 426 6y 1038 $13 :loo 165 s FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal Selling checks ®old value. today. $48065 3438 Main 2100 THERE PROVIDING FOR gradual building up of invest- ment resources, is on his way to financial independence is man who chooses our safe 6Y%9, FIRST MORTGAGES Securities such as these—and there are no others with exact- | A Third l_y_}tllellep of o alread) Century absolu Without o And t Loss interest, they help you to gain. In Amounts of $250 and Up B. F. SAUL CO. MORTGAGES PROGRESS man who, through a the same points of preference you to hold what you v have attained, through te principal protection. hrough regular, unfailing 925 15th St. N.W. fl Is. NO SUBSTITUTE FOR SAFETY to 6.25%. BSTABLISHED 1882 S.W.S ) ~ FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, FRIDAY, DECEMBER 3, 1926. FINANCIAL. . i > 0 . IPMENT to Loan . - - BUTTER ADVANCES | [ ~NEw York cure MARKET | |NEWLOWLEVELS |WHEAT SELLS OFF o0 e il Reconos et et i tios | o Compann” Joseph I. Weller4d Wass Lo 87ruet Insurance Compan; . .. 9th & F N.W. pany Recelved by Private Wire Direct to The Star Office IN OHICAGO MARKET Bituminous coal shipments for the — Foadaito Lean week ended on November 20 were the In Small 1 n or Large Amounts stocks traded In on the New umble i _|the American Raflway Association an: s Curb Market today. Hdaie | Ll n g Ay e Liberal Argentine Offerings Weak- ;. .0.\cq"here today. WM. H. SAUNDERS CO., Inc. Sy e U e BB 31 . en Domestic Trade—Corn and The total for the week was 251,842 OB Eote Crriom on Marats Realtors . in Buindreds. High. Low. 116 13, 126 cars, or 14,253,000 tonu,T‘;lvlhlch m-glexg 1433 K St. NW. = Main 1016-7 Ala Pow pfd. 108 108 gla 8013 80 fer. all production records. s excee B k & C Increase of Cent Per Pouna 1 3 139 8% 84 801 |Market Soon Turns Stead! Oats Easier. by 5164 cars the previous recod load- uc ompany = — — 108 108 196 198 3, b s 198 198 30 39 2 Lng lrx;afllegzc;urlng the week of Novem- "—:lon:lxs—. After Chicago Rise—Other 1% % eo% 22| and Less Selling Than | Bv the Asociated Pros. o g St ¥ 3. 108 118 CHICAGO, December 8.—Reports TR 312 Evans Building Prices Are Steady. (R S Yesterday Is Noted. of fine weather In Argentina and of | STATE BOND ISSUE SOLD. 1420 N. Y. Ave. N.W. 51 35& e liberal offerings of Argentina RALEIGH, N, C. Docember 3 o Em yaiabred whea - | —One] ot the $20,000, o g Butter prices received another e By the Assoclated Press. day tto ’&.‘i‘éfi“’i‘-’fi;fi“"v‘iflufi‘"iefi. bond lssue, on wh?ch’all bids were re. Direct Private Wires to New York Guaranteed boost in the big butter centers yes- o4 30 R— NEW_ YORK, December 3.—Re-|Demand for wheat in Chicago lacked | Jected yesterday, was sold today to a terday, according to reports received 0% 1y % 101 :0132 newal of the recent selling movement | snap as compared with yesterday. |Syndicate headed by the First Na- Real Estate this morning, necessitating a boost of Ui oiip .. 100% 1007 | featured the opening of the cotton| Opening 3 to % down, the wheat | tional Bank of New York at an in- = 1 cent in prices here. It is reported g + 1074 107w | market today and prices were barely | market underwent a material setback. | terest rate of 41{ per cent, The bonds | First Mo,-tgage, r'r'x.\li.w 5 v n!ofrc.f cll'iam;ary but- 4533 ‘gvn 1: ]fi;,@. i u’ :te;'?:v at a decline of four to nine | Corn, oats and provisions were also | Sold were divided into $5,000,000 of | of . ter is the reason for the incredse. i ol ¢ 1834 |points. fer, ublic school building bonds and W Will Sell F Thero is & good demand for the fresh Zn 252 P lfii‘: ’fifi?fi R ey e O o s toodbrate | $5,000,000 of the highway fund al- e ell First Choo;e AR e butter, howev e 0, " or the season, January selling off to n investmen chic proach of the Christmas holiday sea- xRy | 1 4 B9 883 1100 under furiher liauidation of old eI, e i s | Mortgage Bonds secured by a first mortgage o, housewives wanting it for cake- o P (8% 88% |long accounts, continued hedging and | emphasis today to assertions that | gag on improved making purposes. 8y o8 13 % 1328 152 local selling. 'The latter was encour- | ho1q the Argentine and Australian | {deally situated. IhE ontinueiTeiiy moaressRnainiEh) a1 Hel 30 ] 143 | Shblen "ama’ rekterated “reporta. of in | Sron® be Eathered sately, ample sup- | $6,000 Alden Apt. Hotel 6%—99 Mt the weakened condition of the mar- g g : - 5’,?\2 £ | creased spot offerings in the South, e G e ron voar and that 4,000 Boulevard Apt...7%—96 Availadle that will meet e tos: of snpot S e ditios. ils 41 1Det Cix G 63 X'/ 1087 10670 1047 | the Southern selling here was % little | States and Canada would have lively o 2,000 Crestshire Apt...63,—96 6 month to 3 years. i S e & 8 § Bilen 8311 2812 *001 | less active than yestorday, and there | SOTPetiion trom the Southern, Hemy Your sa S 1,000 Jefferson Apt....7%—96 Our service to you insures auoted vesterday 4 k| s ESRE % Blu Dy |Was enough coverlng to steady e |advices referred both to increasing of- | ving: 2,000 Fifth Ave. Apt..7%—9 prompt payment of interest Today’s Wholesale Prices. Bu Bhu| SGEmeRTBAN B 818 B |nour. fers from Argentina and to larger 1000 3618 Conn. Ave..6%—96 semi-annually. ey, 1-po 55 17 Gattne 081 951 0%y Vo elds in weste! d Aus- : = i T L ey G R R R Rt vew o queatom | |512 T T et = ) And Be Sure 9% Ame low. Uica %5 ||} Mortgage Bond & kg3 —Fresh, selocted, §5; hennery, 1074 13;8 Beon SR AT R Ry 1Ry | NEW ORLEANS, La, December 8| . __ . 3 s gag C . curre! rel 5 h: av B e opent £) al: current recelpts, 62 storage, GRgh | dE LR B e e | it Eivapoot o farar Guaranty Corpn. 40242, 7% 3 12 Ind Limestone .6 9813 081 0 TOBACCO SELLS OFF. an p Poultry, alive—Turkeys, 43a45; s sk | Iz ofigGa G ood 00 983 |able than due and the weather in the . 006 Vermont Ave. N.W. hickens, " White Leghorns, 22a 1538 2lna® &' an'A1014 1014 1014 | belt reported good. These influences P n— 1319 F St. N.W A 23; fowl ; roosters, 18; ducks, K 08§00 op ww iy 101 méu e o T L, | Poor Condition Causes Lowe: Ph Mai 8847 Main 10444 voung, 20a25: old, 15; keats, young, 17 23] H wi. 100 MY 8 7% | selling, and first trades showed losses Price e of Year. s i Rl 399 7len B Al 88 843 95 lof 9 to 13 points. Prices fluctuated Hodd - 5050 Caons, fanc. Bl L 2 1008 1025 00 A 1S eler 'the start and showed | WINSTON:-SALEM, N. C., Decem: INSURED MORTGAGE smaller, 4 chickens, R £ iy 5 Ma %s: 1031 1038 1084 |little change except for December, ber 3 (#).—The presence of much red N 2 Gl Honaton “E1 8% g BT WEp A 004 004 894 | which aropped to 11.88. Other months |and otherwise undesirable tobacco on BONDS ! Meats. Do veal, 22023 | 1 Garod, Lo S8 x| aaNAPaTles’! saff fnd e |hovered around the opening figures. the marker yestertay cansel the prcq A National Security . . a1 ’ Me3 g 2 4 3 NS 5 3 3% e undertone continued bearish, wit Ve or the day to G lamb, Bams, 280 5B ofR| 18NS B1Ts™ 1as 118 | T Ll infuences disposed to |lowest level it has reached this year. 5149 E l“table Co_o eratlve Bulldm Ass n shoulders ns, 28a30; smoker Glewson Prod ¢! 1y 118 & Oni 90% 90% 90% |favor a lower level of prices. A total of 662,288 pounds of the weed s S ) e Goouyear T & R 1S58 iy k| Qs R 28 B8y PAn Kivesaool (Cstton sold for $135,381.03, an average of T p—— iDire stock Caly , cholee 13 me- Zgrand Brores .. 05 " G5 0 @ I *;“3‘"5"‘9"}' L 3’»3: 0o .| Lives S e 5B $20.45 @ hundred pounds. "l to date of maturity by the JOHN JOY EDSON, President ~ WALTER S. PRATT, Jr., Secretary . 11; thin, 6a7; lamb, 13. 2 T e e ; POOL, — e offerings on the market indi- I , Fruit and Vegetable Review. 1 }fin O 8 A11a ) 113, 13, | Cotton ” spot “quiet; ~prices easier |cated that the best grades of the || ‘Eu% antee of the NATIONAL Organized 1879 47th YEAR COMPLETED Today’s market report on fruits and 1R'EeL o 08 B o004 0% O0Y | American strict good middling, 7.2 (1926 crop have already been sold and ||f| SURETY CO., the world's Assets ... $5,136317.22 Surplus .$1,406,495.36 vegetibies, compiled by the Market 8 bt ekt tong Blonh ot eved i ine: Sriglis et il ing | that iheremmatunl o1y L [ Eo2 S| RSV RS SN CeRnERY Subscriptions for the 92nd I f Stock Being Received egetab d by - : ap. 5 & .77, , 6.42; etrict low mid- | from about the top of the plant, gen- - ubscripliol or [ oc! 1N, ecerve S S S i JBruns W 6yel00% 100 100% | diing, 6.02; low middling, 5.47; strict [erally called “tips,” to be sold. 'This Maturities 3 to 20 years B SRS g = »1-:«; ihplies liberal; demand R leh % 12 10 Ser s 83 AL 2% | good ordinary, 5.12; good ordinary, |tobacco is darker and does not com- D. POPLTPOOSOIPPTPODDOY Tl ErmeetsPemn: | oot 1 VA § Sty i, S0y 30 15 glor 102 133}: 102, | 447, Sales 5,000 bales, including 3,300 [mand the high price that the more . C. Tax Refunded it, marke X atrels = 2% al C Salés. 00% 08% 98 £330 14 merican. Receipts 34,/ ales, Amer- [ mature leaves farther down the plant N 'W sylvania, No. 1, 215 inches up, 3.50. e denSe ity Shft ToR JoR | aiso 1 00% 1099 105% | ican 33,500. Futures closed easy. De- | brings. Price 100 e Strongly Urge Boxes—Washington, medium to large R E"&r{r”\"”f“é 0k llli;;z 988 O 08 ' 7% 08" |cember, 6.23; January, 6.34; March, [J(;D '.réél::; Jnar:]td 2 Yiemant oo’ L S fifi,;“:{,} oo N?:'i"”‘ 1%3.? ‘?':2 g.;g; May, 6.55; July, 6.65; October, t S Systematic Savmg 225, Bushel baskets— 1 Midvale C L 2UY 710014 100% 1008 | WE FINANCE S eln B")S. & Boyce and Virginia No. 1, 2 3 2USR s 30105 102 182 —all classes of income-producing proverts| v A s cx = fvss 51053 103% 1% A Because by saving systematically you ac- THERECRT R : AR A b ad o | FARMERS MORE CHEERFUL. ||| Large Loans a Specialty 211 Woodward Bldg. quire a consistent saving habit, helping you i adbSEL: e . 38002 N Foeres S8 63 1055 103% 108 NEW YORK, December 3 (P).— Current int. rate and commission WkisgRaDh ¢ to, bulli$ up/ & substantial fortune, mand light, market fairly ste: 1348 1343 | satess FOREIGN BONDS Sentiment of the cotton growers is ||| Higbie & Richardson, Inc. B ORp Esbhtide Tork, bulk per ton Danish 117 J1108 | Hoteands. - ¢ miich ‘better than Six weeks ago, when 816 15th St. N.W, Main 3473 el bt ot et odtam size, 23.0028.00; large s 110 110t 3 Bue Afres 75 136 07 96 the decline in prices was so rapid, says b e i b posit part of your Christmas savings. Then f':(,‘ .L‘.’:quiur;. g:]_m;,— .00; larg: e : ; "5'(%,2; “1)%2 ;a;/ R.‘-,'r“x Q:E"f‘rz“g&; “i;‘ §2 1;:1niauflpégfii:z:;e::efiii?t D'B[I‘x make regular deposits. You will be amazed £ Jundon L ) H 10 3 Danish C H st. - ve Jotton Belt). . 2 5 g i s moterie, gt ST U HE R St H By e ol e Tamers Tnouenout || Loans at 57 to 5Y2% A ot the pid srowth of your mane. et A ;e ok Je 1 Bennwa Pow G 1% 180 183 JEee R Enate 28 0 the road’s territory have recovered o 2/ Contlnental Tmst Co 1Phila Elec 49 41, 401, 12 Grt Con El 618 01 01 considerably from the depression they s 1Philip Morris ;10 158 154 15% 3 Hun Con Mun 7s 931 93 had anticipated Economical Conditions ree A gy S5 00 G ik | el gE R e Tyler & Rutherford g Prices Little € d. 16 Rand_Kard 0% Funn, Fried I, 7 o E e e e g | R Y WY B R Tour Banker Rnows. sy Capital $1,000,000.00 market steady. California, | /& Rickenbacker g8 g 22 Miae MUl Ma 70 B0y 1 When In doubt sbout a security Loan Correspondent of the Gorsaiiot 5 Iceberg type, 4-5 dozen, mostly 3 S orp. 24 85 o 2 Russ Gt 8% consult your banker. It is equally as i 4.00; few higher. Iduho, crates Ice- 3 T | e 5 Sads T 85,8 B4 08 mnchihie dntorest B UL o procast - lienefi:( l:f: S Checking A berg type, 45 dozen, 3.00a3.50. 1 20 5 Slem_& H 7 your savings. You trust him with Newark, N. J. eckin; ccounts Onions—sSupplies light; demand mod- bt s 28 & Halds 1st pe 897 0! your deposits—why not trust him |] 1018 Vermont Ave. Main 475 e B ew York and In- 8 AR e i .v with your investment problems? Savings Accounts ., 100-pound sacks Yellows, U. S. ) Stinnes H 78 '3 o huid . . 1.75a2.00; Michigan, 100-pound 86 Stinnes H 78 '44 003 }‘,‘}2 Tu"ne Deposits No. 1, large size, pd Ty Ir & S0 TA102K 1003 Foreign Exchange S Wis s A AT 7U 'St Wks 6%8 C 98% 98% C ial Credit: ligh S The N - ommercial Credits ; - e New York Life Insur pan; . ] — e ance Com, y Travelers’ Credits PROLONG THE *:' BANK CLEARINGS OFF. ]‘1' t M Travelers’ Cheques HOLIDAY SPIRIT! 24.50. 7 NEW YORK, December 3 (P).— s Ol't agse LoanS Acceptance Credits Sweet potatoes—Supplies moderate; %2 | Bank clearings in 126 cities of the Collections Make it last the entire Year! Instead ‘{",f;‘,',:“]‘ “\x",z‘x;;I:;:xr:n:-‘!'nt}:‘;i’»lr\ke:tn\fie%(ly 39 9 U_?:ied ,Smu:,s brtyo\»ember are com- On Improved Real Estate in the District of Columbia 1 Esf of spending all of your “Christmas Sav- il Yalons Bae te Giunrs muay e I e e S b ] and Nearby Suburbs in Montgomery County, Maryland Real Estate Loans ings Check” on femporary joys apply ; Eastern Shore 1 0 "29% | 11473.7 per cent from November last 3 Years, 5 Years, 10 Years Collateral Loans a part of it toward the purchase of a = s y 6 pe! L i ampers Yellows, 1West Dairy Prod 487 12 18 |vear. I Securiti safe and dependable Investment—an in- g 9 White Sew Mach 21 20% 21 |- nvestment Securities vestment that will permanently assure cumbers Cheaper. Sales in MINING STOCKS. il Corporate Trusts your future. e R . o el BUILDING ON INCREASE. b 20 e Individual T mand moderate, market weaker; 30 Ariz Globe Co... .06 ¢ SAN FRANCISCO, December 3 Apartments Estisbesiiousse LDk e FIRST MORTGAGE Flori . saquare l){n:‘l»):'_g (Crates fancy, §gon Cop Mines (i‘pecialh—t—B;Hdlnc permits here for Administrator, Executor : choice, 8.00a3.5 o the vear to date amount to more than . Jint: demand | 3 {he year to date amount to more than || | RANDALL -H. FAGNER«& COMPANY Safe Deposit Boxes SECURITIES orla. pepper entire 12 months of 1925 by $2,500,000. " Incorporated : i — ' MORTGAGE LoAN GORRESPONDENT 4 viies lignt; demand GERMAN BONDS AND STOCKS. ||| 1321 Connecticut Avenue Telephone Main 9700 Continental Trust Co. S ites Avhites. 30048 50: yalow (Quoted in dollars per million marks.) 2 . 3.00a3.50; y s, no od sales reporte 1 Ger Gt (w In) Bs 1014-18 1826.00 1876.00 14th and H Streets Sicing s—Supplies moderate; 0 Hamburg 4%s 1919..... 00.00 ~100.00 i demand moderate, market firm; Flori- 3 bex e e o AT 0 Capital $1,000,000.00 la, “x-bushel hampers. green, best, 4 Wenden Copper. ger"G’ez\ Elec 435 1010- - 200 300 i mostly 4.00; fair to ordinary quality |s INDEPENDENT OIL STOCKS. e AL 0 ad andition. L7eea0 - 1 | e o300 Tomatoe: light; demand| 33 AM Matacaine 8w 8 2o light, n Ohio, 10-pound 3 Ark Nat Gas 7 1850 bikkets medium_ size D : ooy ige G d i S f 2.75; small California, re:| 109 Cariie Bynd © bk g 200 00 { ale packed sixes, wrapped, 5.00a| 1] Cit Serv'n D 0% Dre.war .00 €.50, according to condition. e e oz 933 | Badisehe “Aniiin - 0.00 19000 I t t = 56 Craole Syne 3 i |AE G (Ger Ge Eleci: £ 39.00 e 38 Creole Bend, s ‘;‘i/z 143 |A 5 G (676 E) pla B 98 3098 nVeS m en S Tides and Volcanos. ibien Sl 36 9% | Gonmers Atleran ik 8800 Fioe e nfd vte. “ ¥ = 3 An interesting solution of the| 11Kirby Pet. 13y 13 |Dresdner Bank. 2000 3200 X R e B (A 2t =i Bt By i —selected Washington real € january nvestmen ust heen offered by William Bowie Mex 8 88 IfSrien Chomical 1 of the United States Coast “and Jox Panic 0 | MR £ G Biees 0 1380 estate of known value and the Geodetic Survey. He advances the our 2% | Handel Berliner.. . S o e 1 says iMe Fopular Sclence | 1«‘:“ recommendation of an organi- P ri s ne, that volcanic outbursts i 2 . . . e 0 ls n a . due directly to the pressure 3 Bandem Gl o DIVIDENDS. zation of 19 years’ experience. which twist and wring Reiter-Fosts 0il 171 Pe- Pay- Stock he tides, he adds, mat: 20 Roval Con 0 & R . 23 *1 corp. i, mae, B TECST e Tich e didsrmas | 8RGO L L PR L 6V4% FIRST MORTGAGE NOTES % in bullding ‘oit ] Dec. 5 — Pineapple Pack Larger. g}i“ BO‘SS AND FHELF ; IT is more important to make your January investment selections early than to do your Christmas shopping early. It is only a month to the first of the year and prompt action on the part of investors is advisable. At the present time, we haveavailable a most broadly diversified list of sound first mortgage bonds, secured by a wide range of properties in the principal cities, from the Atlantic to the Pacific, yielding from 5.75 We suggest that it will be to your advantage to make selection at once, while you still can choose the bonds and the maturities you most desire. Call and discuss investments with one of our officers, or write today for descriptive literature. Ask for BOOKLET 433-G - TRAUS & CO. INCORPORATED 929 FIFTEENTH STREET Telephone Main 5847 WASHINGTON 44 YEARS WITHOUT LOSS TO ANY INVESTOR