Evening Star Newspaper, December 16, 1926, Page 11

FINANCIAL. } NEW YORK CURB MARKET Received by Private Wire Direct fo The Star Office FISH SUPPLY G0OD 25IN MARKET TODAY yWaters From Canada to Gulf of Mexico Yield Marine Offerings at Munic h Market this morning for the Friday trade in- cluded o fish from Waters ext en Canada and the Gulf of nost of the fish being included £almon o3 cents, and Boston macke: 15 ts. There was sapply of Chesapeake I and Potomac River cold th o cateh, and pri Me. naving afrected t quoted were what dealers termed Bushel stock was standards at $2.20 and Rockfish from points along Chesa- peuke Ba wught, were quoted at 30 cents. Fancy spotted and bay trout from the Carolinas were in de- mand, the former at 25 cents and the latter at 20 cents. Kingfish, also a product of Carolina water 18 cents. Included in the list of fish were the following: Spanish mackered, sea bass and red snapper, 25 cents; haddock, 1235 cents; tilet of haddock, 22 cents; cod, 20 cents; small croakers, 10 cents; green shrimp, 30 cents; cooked shrimp, 60 cents. ! Supplies of crab meat from the Gulf | proted a of Mexico, , fresh picked, a pound. good seller at 75 cents Cold weather this morning put added life in the general wholesale market, but price of practically evel commodity was the same as that quoted yesterday. . Today’s Wholesale Prices. Butter—Fancy, 1-pound prints, 59 60: tub, § store packed, 38. Eggs—Fresh, selected, 53; hennery, $5a58; current receipts, 50a31; storage, 38. alive. — Turkeys, 40ad43; 23a25; White Leghorns, 22a 16a17; ducks, ; keats, vounm sed—Turkey: young, 20a2h; 60a70; old, 30a40. Meats—Beef, veal, fresh hams, 26a28: shoul- oins, 28a30; smoked hams, 28; smoked shoulders, 16a22. Live stock—cCalves, choice, 13; me- @ium, 22; thin, 6a7; lamb, 13. Fruit and Vegetable Review. Today's market report on friits and vegetables, reported by the United !Sunes Department of Agriculture, fol- ows: Apples—Supplies - liberal; demand light, market dull; barrels, Pennsyl- vania, No. 1 Grimes, 21; inches up, 8.2583.50: Dboxes, Northwestern, .me- dium to large size, extra fancy De- licious, 3.00a3.50; Spitzenburgs, 2.00a 2.25: few higher; busbel baskets, Maryland and Virginia, No. 1, Stay mans, medium to large size, 75al. unclaseified Staymans, medium to large size, 60a75. Cabbage—Supplies moderate; de- mand light, market steady: New York, bulk, per ton, Danish type, 35.00a 88.00. Celery—Supplies liberal: demand moderate, market firm: New York, two-thirds crates, 2.50a2.75: ordinary 22a28: s {change in sold at | | { BY WILLIAM HEFFERNAN. | NEW YORK. December 16.—The {demonstration in the oil shares in the | Curb Market today left the impres- |sion that interests heretofore unwill- {ing to follow prices up were becoming jactively committed to the long slde of the standard issues. |, One of the chief incidents was the manuer in which Humble Oil was taken at advancing prices. Accom- {panying the rise was the rumor that ! Standara Ofl of New Jersey would of- {fer an exchange of its stock for { Humble in the ratto of two New Jer- | sev sha for each of Humble Ol Th port_ appeared to originate in | speculative quarters but it served to | increase participation on the buying | side of Humble Oil. | Standara Oil of Indiana was bid up {to a new high for the move at the same time that substantial advances i wei taking pls on the Stoc] 3 oils resumed their upward under leadership of Amer- rndicate, { Tropical tendency {ican Maracaibo and Carib § bonds_and | Following is a list of _ 4 New York the INDUSTRIALS. hundreds. High 50 Aero Sup Mix B 4% lied Pack n... 2% Co 1 Seat pfd. Seat vte. 14m Supernow B Am Superp pr p Atto Gus & EL. . ) Atlas P C n Balab & Kats, vie Beaver vic pfd. Ami_A! Brill Corp A0 Buesrus Co.. .. Can” Tnd Aleohol 2 2 Consol Dairs P. 4 Consol G Balt 1 1 Courtlauds Ltd.. 2 Fre S5aD55555! oS Do PE R R S o S8z & ) 13 20miSi0D 819D 63! 15258 S0 % BN BB D: @ F e s » 2R3 wwo 5a 85 R & SRR PR " = = o b PP et = SR 193 290 e s B i s o e & FAER - 1 Dwain wies D! 2 £] 25 z Dionbn w5 S EEE PP I P B e et heoiom S gt > 3 ot = 2 3 T az% ) 2 P o 7 Corp’A 4% htern U1 A. - Intern_Util B Johins-M IR 1 I T g - S o105 D 293 ZASRD DAL 1 or s D & F - BORRFREE & S e e229uu D5 0cs! 5 condition low as 2.00; California, ‘emtml. large size, 5.00; medium size, .50. Lettuce — Supplies moderate; de- mand and trading light; market steady: Florida, 114-bushel hampers Pig Boston type, 2.00a2.25, few 2.50; California, crates Iceberg type, cen- tral district, 4-5 dozen, 3.50a4.00, few 4.25; Imperial Valley, 4-5 dozgn, 4.00a 4.25. Onions — Supplies light: demand Yght, market steady: Michigan, 100- pound sacks _yellows, U. 0. 1. 2.75, few high as 3.00; New ‘pound sacks vellows, U. S. No. 1, large size, 2.50a2.75. Potatoes—Supnlies liberal: demand Yight, market firm; Michigan, 150- pound sacks Russet Rurals, U. S. No. 3, 4.5024.65: New York, 150-pound sacks Round Whites, U. S. No. 1, 4.2584.40. Spinach—Supplies light: demand light, market dull; Texas, bushel bas- XKets, savoy type, mostly around 1.00. Norfolk sections, Virginia, no early sales reported. Sweet potatoes—Supplies light; de- mand slow; market dull; North Caro- lina, cloth-top stave barrels, yellows, No. 1, best mostly 2.50: fair quality and condition, ‘1.75a2.25: Fastern Shore Maryland, bushel hampers, yel- Jows, No. 1, 1.00a1.25. Cucumbers—Supplies very demand light, market dull: square bushel hampers, fancy, 83.50. String _beans—Supplies light; de- mand light; no early sales reported. VN A T e SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co.) g e Adirond. P. & L. ©. 6s 1929. 103 Alum_ Co. of Amer. 1033 S light; Florida, 3.00 = FEEEE W Cofumb. 3 tinentai G. & E. bs ar T. & R. bs 197 Northern_7s 1936 f Oil Corp. Pa. 8% i rahey Choc. Co. Bids 1040 umble Oil 8% sss, Gas Co. bls 10450 & Co. 758 1930 o yAlforake 8s 1931 New York Tel. 6s 1041 . Qregon Short Lige 49 100" 5928 58332R3288 = 23033353 =3S322322323352: ISR SeesEEE555 0552532353555 2555238328 5 Soeszeses ey Sro5e3500535335: IS S2R33ES3E2ETR2222R, 8228358383255 * 2555 FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) IO‘E‘ ,'::I !-Plll:{l‘: checks roday. 4. ),05“ $4.85 1 A2AZ 222, SEzEee & Pl 2 gum3se &= 222 o Do R Penn Sec 07 Sh Bl o 150 S BBI S ABOBEA S AN D 50353500 S P FERS ™ Washington Stock Exchange |« BALES. o0 ion 5s—$1,000 8t 1004 . .?L#u%fi& Come, 5.—&!.030 -;c:‘x'?:. g{&&"‘;"fi'fi"fi».‘ 41,000 a 2083 51,000 "% shing 8s '33-81.000 at 104, l;:fix 1775800 at 103, 5300"0¢ S0% #0 at 1035 . Washirigton Rwy & Elec. 49—$1,000 at 60 a8 8346 or “flzfi&-x‘f"w" on 8—10 at 103%, 10 at El lj pid.—10 at 107%, 10 LR TR i 108 otomi i) :"'v..xhnm Waspineton, Rwe. & Elec. pa—20 at ) e 20 i s National Bank—1 at 450. finental Trust—50 at 10%. lon Frast Coos at 2519, 1 at 231%, 20 at %81 Emumhh Title Tnsurapoe Co.—100 at 11. ton Monotype—I12 at %. AFTER CALL. g ationsl Mige. & Investment pfd.—100 at Potomac Electric Power ptd.—S5 at 107. organthaier Litio 1 et 107 Sahington Rwy. Bf‘ fd—2 Capital Traction Co—i% &t 103 Money—Call loans. 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY. American Tl & Telga, 4s Am."it&l‘.'lh T ) SSestesy R s s 55550ad 292.583328882388888 oy = &8 FE - & Elec . & Elec. gen. 6s. MISCELLANEOUS. Chevy Chase 8 g 1 St ot Joint, Stock uthera Bl STOCKS. PUBLIC UTILITY. ican_Tel. & Telga. gfié;fi“ ‘rraction: . Nor(olnk‘ & Potom Wash. Rwy. ‘Wash. Rwy. NATIONAL BAN] National Capital. " Columbit Commercial .. e i TREASURY CERTIFICATES. (Reported by J. & W. Seligman & Co.) -Noon SILVER QUOTATIONS. NEW YORK, December 16 (). — Bar silver, 53%; Mexican dollars, $0%. S Are You a Sucker? TRUST COMPANY. can Security & Trust.. 3 33’-'33&':«;?’ (it Srereryy #:3‘23313.‘ g & T Bhion, Trust - Wask, Lown & P SAVINGS BANK. 25 25 American . A TITLE INSURANCE. columbla Title.. . .. tate Title. ?}:fi'. ot it MISCELLANEOUS. id....... .. ESem Too many people put their money in day dreams and wake up broke. Never put vour name on the dotted line until you have inquired of some one in your bank what he knows about some stock issue that s of- A fered to ypu privately. [ Merch. Tri Merchants’ m[-nwmrF At d v ity Storage. Dividend. i e 2S5 BSES S AL an-American es. | the rumor the latter influenced by acquired that new interests had control. o Selling came into the market for Central Aguirre Sugar following pub- lication of the enrnings for the year ended July 31 last. which equaled $5.90 a share on the 180,000 shaves outstanding. This compared with $9.72 a_share on the 150,000 shares outstanding in the previous year. These, however, were considered in most_quarters satisfactory, consider- ing that many producing companies operated at a deficit during the period Vietor Talking Machine had an- other run up, advancing almost 5 points at one time, but still was some distance from the high established yesterday. In view of the current high seiling prices it is to be expected that the fluctuations from now on will cover a_wider range. Serv-El Corporations 6s, which | have featured the bond section for . encountered substan- ) d PR itz Mot. . wift Intl D 00® 2 D05z e Siis Eaa SR 19p 28258 o BowaisD oo 235555.5552 B 18 h2y LR Sales MINING STOCKS. in hundreds. 11 Golden Center 250 Hawthorne M 1 1 Hollniger . . 4 Tron Cap Cop. .. 50 Kay Copper Cor. 1 Newmont Mining 70 Nipissing 1 Noranda . % North Butte 23 Ohio _Cop a1 Lo & @ Wenden _Con A 10 West End- Ext.. .03 INDEPENDENT OIL Bungrede. ndrede. USEAm Con Oilfds Suminadst e STOCKS. P isiasma E3 3 o s S B RO @ B BT B i B ©pasiazoe FESEE 3 » B3 15 0019830808 Bt o1~ I 5o ° 3 ii‘&“#} PP FSEEST ) & F& f&rdif;”a‘ o 23 - oDyt Bo BaEled8h8en B! i ia 238 [E3 FR Dasidins _wae BSINE =3 o Banw: & ® FEe - Wi D! elan Pet. ilcox O & G n » 3 [ @ 0% SaasaD FREER S PRETR ZognEtesisnas 2 BEE A5 DB DND FEEREE TR 202522 St FER REEE = 333333 2 S » B esBaons ORISR P T LD B GBRIE I B DA DD ST BED ES e SR SR o o s S B Za 3 prerores Sooaliomoat: R2IRIS5RSS SRRRI83NTRI5EE2 BR e &2 7 5 H 2 I ] B3 S B oI RS DB oottt e Sut e b e o e e 2 Szzss SR RIS SVARSGTERNR &R F ST EE B F SRRESEE SERIENGESRIER §8 F SRR g==8 CEELE 8 s S ® FS e >3320 >> 000> > 22 T E S fohleey =, R P 3232-223853R2BSI2]SIR - " 205 0m S onRESSn05502 - oy £5 33C2238%332]82332533 - ) - o5 onSo0neS0Sme 50059 £2029200; 0 SSsspenneostonnasos TGN BRSNS s SEEERERRER R = % Q000! § 3 eons SEEED o) (e oD 000000 E0o0 F & RAREATES =poteoonSsSons. Soo3 020355550000 r0s5000: PR RoRoeRR 02323328588 223833238 EEEEEE AR 2i0a IS Bow Sl o gees - £ S = 2 - SR~ =P (e zoz oo " 2EE35%3S 10002022 g3gcsses SEEX 5 33 oy 335 ® 3533333353233333832 BEE R R e e 3553 S2o2523 [ 2cHoo53! T =333 o 22235223 P 5235523525 55e5523! 2352283323 5 Dok 3 ™ 2335283 a5 ottt ! 2 ¥ o8 o o ¥ o g 33 28, @Az d Ze, B3~ L3 P 2®, o it . g g = & 2 R SSE SN SRR BEESoras! 237 aes, P Salesin | FOREIGN BONDS. o, ""'{'}\nm-n Nat C 64101 Baden 7 22 o0 's 136 08 COTTONISSTEADY; - SUUGHTLY LOWER Market Eases Off a Bit on? Southern Hedge Selling , and Realizing. | By the Associated Press. NEW YORK, December cotton market opened steady to a decline of 1 to 4 points under § ern hedge selling and realizing, which appeared to have been attracted by | vesterday’s advance. | old off to 12.16, w1 d the end of hour, s of about were absorbed by | a little trade Liverpool were vely s ade calling and covering and also ma have been in- fluenced by an advance in the nmrkf>l| for Egyptlan fatures at Alexandria, | but the English market eased off se\ eral points after the local opening. + New Orleans Market. | V ORLEANS, La., December 16 —Although Liverpool cables were able, the cotton market here to- day opened easy, with first trades showing losses of 3 to 7 points. The weather outlook was favorable and in- duced realizing by recent buyers, Ja uary dropping to 12.20, March 12.35, | and May to 12.52. Liverpool Quotations. LIVERPOOL, December 16 Cotton, spot, prices American _strict middling, 7 z00d middling, strict middiin,z, 7.15; middling, strict_low mid. dling, 6.30; low 5.75; strict good ordinary. 5.40; i ordinary, 4.75. Sales, 6.000 bales, including 4,400 bales American. Receipts, 5,000 bales; American, 4,700 bales. Futures closed quiet, December, 6.48; January, 6.52; March, 6.58; May, 6.69; July, 6.79; Oc- tober, 6.87. ARGENTINA'S CEREAL CROPS IN 600D SHAPE ‘Wheat Harvesting Is Intensified in North and Has Started in the South. By the Associated Pross. BUENOS AIRES, December 16.— The present general condition of the cerealsown area of Argentina was de- clared good in a report made public today by the ministry of agricuiture. The report says that the period be- tween November 15 and December 15 was marked by partial intensive rains and other meteorological phenomena that caused local damage in the cereal belt without greatly affecting it. Rains in the Pampas and the Southwest sec- tions of the Province of Buenos Aires mitigated the effects of frosts, tillage reacted favorably and the present condition may be considered good. The ministry reported that wheat harvesting has been Intensified in the Northern bélt and has started in the Southern. The harvesting was made difficult in some places by partial rains and hail but the, damage was stated to be more in quality than quantity. Harvesting of linseed suffered the samo handicaps as wheat. The linseed has been attacked by “isoca,” but dam- age from this plague will be of im- portance only if its invasion should L pread. The condition of corn was reported good, rains having been beneficial. Great activity is being shown in the Chaco and a second crop is being sown. The condition of oats, barley, rye and canary seed also was reported good. The general favorable conditions seem to be reflected in the market, which has been virtually inactive and tending toward lower prices, ——e DIVIDENDS. S Do. ! ol W pindler 18 e o 819 b B2 Satannn: g§§a;z E gv-na'tg Cent T1'P'8 Clev € C & % & 8 2 AR TR ¥ Comw_Banw Cond Min & S et B Tun Co odge Bros Fideliy Ty, o Firestone T & -t 8 S oee ZRGRSEIBR et 323 Sresnn e SEFERRS d H_l)-—ugh TITIYINTY 32 S s s S8EE5S, 3 B L) o % Ly e SGZ333ER BE3hag o ERR Tae> 25 » 3 o 1 2 S BB s ¥ FEEREREEYEYEY 2, 200 33; 38 # grag 88355 Prairie ¥ L. Shaf Oil & Do. pf.. i EEE 228 EERRLNEEEERE.S atstatamiaisacemisa 8 @ b o g jenes YITYEY Doy e EEREEES 13:5300 1018 Sk SEESEEEAES-- ERSE R = essssseany e el e e EQUIPMENT ORDERS. NEW YORK, December 16 (#).— American Locomotive Co. has an or- der for 35 locomotives, 25 of the mikado freight type and 10 mountain type, from the Chicago, Rock Island and Pacific. The Pennsylvania has ordered 60 passenger cars distributed among Standard Steel Car, Pressed Steel Car and American Car and Foundry. e £y ™ e O e Do TS oD D b S Do 5o e Sons £323352323305382883833 VRRRRE RS R R AR e FERE F IR B 2=S: POESEE EERRE oy ™ WESS>E ot - 8222 - EBR2222523%55325832388 23 >5E [ % I3 S sl CONSULT US —for safe investment of your surpius funds. Look 1o the future by Investing NOW. wm. H. Saunders Co. Mortgage ne. ! 7 33 K ot. Notes Founigt,iiion B € | 4400000000000 000s0000s00l MARRIED MAN with 15 Years’ Experience in al ranches of the REAL ESTATE BUSINESS —desires _connection in_an _executive y with real estate or finance Box 491—YV Star Office - FIRST MORTGAGES FOR SALE 612% ;. OF SECURITY VESTORS BUY In denominations of $250, $500, $750, $1,000 and upwards, se- cured on 1 situated Columbia. JAMES F. SHEA 643 Louisiana Ave. N.W. Secured by first deed of tr Broviting, interest and commisalon L. Weller 5001700 6 ¥ X 6% First 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. Percy H. Ri 926 15th St. N.W. Forl mmedi'ate Delivery $50,000 3-Year—61>% 1st Deed of Trust Real Estate Notes Secured on centrally located, modern,* improved, income- producing _business property Amounts, $2,500, $5,000, $10.000. | Interest payable semi-annually. | A safe, satisfactory investment. 1416 H Street | | Apply Loan Department Northwest | 52 Broadwa, | Gardiner & Dent, Inc. Richmond, Va. Main 4884 1409 L Street N.W. Over 8Y2% Yield SAFE and DEPENDABLE Collateral Trustee Certificates ol ¥ THE NEW ENGLAND INVESTMENT TRUST, Federal National Bank a{nlo-t-n. Trustee rif it resel lnl”o'w::nhl?li‘ acoresent o purticipat- rutions—stocks N orke Riock” Exchange—embracing every Industry, such as: fail to consult this of- 8. Steel Amer. Tel. & Tel. General Motors ~ Amer. Tobacco fice for results. Consolidated Gas Eastman Kodak First Trust placed on D. C. Standard Oils N. Y. Central v tt Atchis . R. and Maryland properties and !f.:"’;z"z.‘...‘:"':. P 5. i tions, which i de in thels second trust motes purchased |||} Hie ol 1, 1, BRERS Ralph G. Robey | |55 ‘l'fi‘:nux:"?h‘l:enmlnzfi@ N entuing iators 1010 Vermont Ave. tion of t_to the investor Main 10252 G. M.-P. MURPHY & Co. Alemders New York Stock Ezchange Successors to JOHN L. EDWARDS & COMPANY Attention Property owners— Have you properties Ie. you wish to sell or ex- change? If so, don’t "~ xo0d viel Gond 108 vour 5008 today. Mo Jded - [omean {nvegTMEnT Securities WOODWARD BUILDING WASHINGTON. B.C. waAn T eue EDWARD B.SMITH & CO. Members N. Y. 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No investment of money is re- quired; no underwriting or other commitment need be made. ‘We have many successful men throughout the country who established themsclves in the bond business in their own community, making an unusually attractive income them- selves with full safety to the investor. 1f vou are one of those who are seeking a better and more profitable connection next year and for years to come, file vour application now. o Address J. J. D., P. O. Box 109 Wall Street Station, New York, N. Y. Convert Your January Funds Into 6%2% First Mortgage ' Notes OUR January funds, invested in First Y Mortgage Notes, purchased through Swartzell, Rheem & Hensey- Company, will earn you a steady, assured income. These Notes combine the two essential characteristics of sound investment—high margin of safety and attractive yield. Their safety is attested by the fact that no investor has suffered loss in over fifty-seven Manager Life Insurance Company Offers 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 = D%y —~ RANDALL-H. HAGNER® COMPANY MoRrToAGE MmmGonmsmm 1321.Connecticut Avenue Telephone Main 9700 The New York YOUR MORTGAGE We have the facilities and the service that will mean most to you in obtain- ing your First Mortgage. Depend on us. Low rate of interest and commission B. F. SAUL CO. . Main 2100 925 15thSt. N.W. years; their yield, 6% % per annum, speaks for itself. Ask for List of January Offerings Swartzell Rheem gHensey Co. e pase 57 Years Without Loss to 47: Investor. SOLVE YOUR JANUARY INVESTMENT PROBLEM NOW! THE new year brings heavy demands upon the investment supply. Released principal and semi-annual interest checks produce a financlal surplus that must, of course, be safely and remuner- atively reinvested. If you wait until January 1lst to reinvest your surplus your sclection of a medium will be re- stricted. Choose your medium néw—and avoid hasty and unwise investment. Reservations are now being made for our safe and dependable FIRST MORTGAGE SECURITIES " Mortgagh Tvestaont Dept. 713, 715 and 717 14th St. Main 2345