Evening Star Newspaper, December 31, 1926, Page 26

2% * TORKEYDENAND N MARKET G000 Chickens, Ducks, Geese and | i, auket hud to e f Rabbits Find Ready Buy- there W Contrary to a fairly g morning, sma demand. Due to t ing of the and not anti mand this n bave large There chickens, also were i1 expé mand for d d 1 ones heing dealers hand ducks demand ) 88 ce its of of xllv‘m fi w Roasts o meats bucts were in and dealers veported in steaks demand. | take cur morning ¢ their trade : 'I‘mhl,\\ w niil olesale Prices. one-pound prints : store packed current re alive White rooste: Poultry Turkey \ 127 o moci Live stock- dium, 2 Fruit and Vegetable Review. Today’s market report of fruits and vegetables, complied by the Market e, H\uv\u of Agricultural upmxu liberal; sales reported to quote Cabbage—Supplies moderate, few sales reported to quote. Cele: Supplies lisht; anoderate; market slizhtly lifornia, some fair condition, sttuce—Supplies light market fornia, crate: too few too demand stronger: .00, 5.00a5.50. liberal; demana slightly weaker; Cali- Iceberg type, 4-5 dozen, ates, Iceberg type 4-5 dozen, 2.50a3.00, few high as Onions—Supplies light; too few sales 10 establish mar] Potatoes—Supplies mand light, Michigan, Rurals, U. S. 1 moderate; _market dull, few Spinach Market Weaker. inach. upplies moderate; de- mand light, market slightly weaker: Texas, bushel baskets Savoy type, 90a 1.00; Virgini: orfolk section, cloth- top veneer barrels Savoy type, l.i0a 2.00 Sweet notatoes—Supplies light: de- mand light; too few sales to establish market. Peppers—Supplies light, market dull; crates fancy stocl light; demand Florida, pepper 4.40a4.50, mostly light; demand a, pepper 5.50; some choice mostly Eggplant—Supplies ht, market stead: ates fancy Roall size, 4.50a5.00; 0. String beans—Supplies light; de- mand good and market slightly stronger for good stock: Florida, 7- bushel hampers green, 3.00a4.00, mostly around 3.50, Tomatoes—Supplies light: demand moderate, market steady: California, lug boxes turning, wrapped, 5.00a. Tepacked three-basket carriers ripes, Srapped, fancy count, 3.15a4.00; Mexico, lug boxes green and turning, considerable ordinary condition, best mostly 5.00; poorer low as 1.00. WESTERN MARYLAND'S COAL TRAFFIC HEAVY Collapse of British Strike Has Not Materially Affected Fuel Move- ment Through Baltimore. Spocial Dispatch to The Star BALTIMORE, December the collapse of the strike miners has not as vet caused notice- | able falling off in the movement of soft coal from West Virginia to for- eign countries through Baltimore 1s indicated by the earnings of the West ern Maryland Railway for the wi ended December 21 and the first three | ‘weeks of the month, Receipts from coal traffic for the week ended December 21 amounted to a comparative gain of , or 8% per cent 5 $588,397. 81.—That | of British | ings wer 872.95, or 4 the first | three week received | 21, an in- | per cent. | of traffic r or the year ings from 1l wovement of amounted to 0.880.90, a g $5. 16, 9 per cent. from all classes of traffic to 447,234, an increase of $5,12 27 per cent. Already grc ern Marylund year in 't and_ net income good a showing WILL UNITE SALES BODIES. NEW YORK. De Announcement was m; day that as the situation ember 2 8,904, or ues of the West. ny full of the company makes relatively mlnr 31 e here yi a normal uu.-lopnwm of created by Copper Ex- Inc., in the export market, onda group, Calumet and the United Ve companies, on the one side, and Katanga and ciete Generale Metalurgique a boken on the other, have decided to | -merge their continental selling organ- | izations results of this will be not only a practical economy in the |t Aministra these sales organi- | but will reinforce | co-operation in con- tinental markets between these Amer- fcan and Belgian producers. An; LUMBER TRADE SLBWER. SW YORK, December 31 arp decreases in production, ship-| ments and orders in the lumber movement of the for the week nded December reported by | the Nation! Lumber Manufacturens Association, partly accounted for by the Christmas holiday seuson for semi-annual also appears production suspended or curtailed bec stagnant or uninviting markets. SPECIAL DIVIDEND. NEW YORK. December 31 (&) A special dividend of 60 cents in cash | was declared on the common stock of | United ble | dividend of | authorized | previously 35 cents placing it on a ‘*'I 50 cents a share : on the common, share quarterly .mm Rk today (o ers Also Today. ‘\; hich. ior ood demand for | s, FINANCIAL. THE EVENING STAR, WASHINGTON, D O, FRIDAY, DECEMBER 31, 1926. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. NEW tive YORK, session liquidati w Then 1k wh b Mar Ala ¢ | Many 1w December throughout on market evelopm ) establish d been hich ied in ket today freely the the 1 [ es offered purch were v < upon th borne out by the heass made the list on INDUSTRIA oid oid Co Co uth pi i : A B &S v & Shn Cor & Leh Pow n Leh Val C ot .} W MatE A G t Yarm Ro\ ul Baic Bow sigh 12 i 109 G & Lptd 6 I0PS P& Ly pid 101 u 165 SPRESLREL IR e T Ba Py A 40 il indreds. 1 Anglo MIN Chil a3 den Center M 4 b Hawihorne M 1 cola 8 1 Patino 60 Tr1 “1 Wenden Min ‘Mines Bullion pex Cop 3Am Con Oilfields > Am Maracaibo C ow Srantond O, m Oil al 4061 S0 i oid 150 Gal 8 O pd i & 108 0 0 Vacu Allied um N T wi Ohio um il n BONDS. Pk s § Hood Rub 5ias.. n 11 Ind Liwestone 6s d Ol & G @ Mexic HEFFERNAN. “The the the number of 1ts which nat- ment situ had | Hun md York 3 5 201 44 5oyl .u', a7y, 263 AR 19015 183 910 of until | eached a is, and this no doubt was making itself felt in the shares of companies directly affected and on the market of the future. Filing of a_ bankruptey in automobile sales agency business with prominent automobile manufacturers appeared to be an mith of the overexpansion of the 2d the subsequent decline in ,\H these were influences made themselves felt upon speculative ‘ntiment, and it was not | surpri nat the selling should have hecomne pronounced at intervals Standard Oil of 1 around 68 was down only t. but com pared with the h of rallied sl doing § Mont Wi P i RETGN BONDS 2 ¥ lKrul*“ )ru L 3 Leo Tiets ¢ 3 ww wi 6 b or B Denmk 08 101 Montevideo Gx & 0314 uni’ Medellin & 99 )i 18 10114 101K Jis Bur s 90 084 | Foun'Pom’s §EEKING AMERICAN SHIP LINE New York, Baltimore, Philadelphia and Boston Seek Service in Reallocation Hearing. By the Associated Press. Baltimore as the closest port to the South American market for the Mid- | dle West and the need of New Eng- land industry for an economic outlet through the development of Boston as a harbor, were described vesterday by representatives of those two cities at a hearing before the Shipping Board on the reallocation of the oper- ating port of the American Republics Line. The line, which operates freight ships to South America, at present has its base in New York, but re- | quests for its reallocation have been received by the board from other cities. Philadelphia also is being proposed | as the line’s port, while representa- | tives of New York are seeking that port’s retention in the hearings. While Senator Bruce and Senator- elect Tydings of Maryland and mem- bers of the House from that State spoke in favor of Baltimore's selec- tion, Representatives Edith N. Rogers and Luce of Massachusetts advocated the greater benefit to New England it Boston was named the line’s port. That Baltimore was the most im- portant single factor in the develop- ment of South American trade was claimed by J. Carey Martine, presi- dent of the Baltimore Association of Commerce, while G. H. Pouder, di- rector of the association’s import and export bureau, said the Baltimore in- dustries produce products which were ir demand in South America. s not only selfish interest that urges us to develop Baltimore ship- ping,” Pouder declared, “but a feel- | DB mat the port benefita the entire | West. - The Boston delegation in its presen- | tation of claims asserted that the cost | of shipping from New York, because | of the congestion at that port, was 10 per cent greater than from Boston. FIVE NEW PARTNERS. SW YORK, December 31 ().— Five new partners, all of whom have risen from the ranks, will be admitted to the banking firm of Dillon, Read & Co. on January 1. They are: Robert 0. Hayward, in charge of foreign gov- ernment financing; Henry G. Riter, 3d, manager of the Philadelphia office: William S. Charnley, manager of the Pittsburgh office; Clifton M. Miller, ormerly manager of the firm's Pacific Coust headquarters, and Robert k. Christie, jr. John W. Hornor, who has been with the firm and its prede- me time. PLANS BYIGV EXPENDITURES. ATLANTA, December 31 (Special).- e Southern Bell Telephone Co. will spend $3,400,000 in Georgla, $5,600,000 in Louisiana, $5,000,000 in Tennessee and $3,000,000 each in Alabama and Florida during the coming year in ad- ditions and betterments. About $2,000,- 000 each will be spent in Kentucky {and North Carolina and $1,000,000 in South Carolina. PLAN STOCK SPLIT UP. NEW YORK, December 31 (®).— Reports that directors of Procter & Gamble plan a split-up of common stock, three or four for one, at the February meeting and pay $3 a year on new stock, reach the financial district: from Cincinnati. The last quarterly dl\'ldmlll was $1.75. SC}{ULTE STOCK BOUGHT. NEW YORK, December 31 (#).— Julian Wattley, treasurer of Union & | United Tobacco Co., announced a sub- { stantial block of Schulte Retail Stores (mmxuu.m common stock had beer bought for cash for permanent invest. ment and it was expected the holdings (would be increased further by the offer to exchange one-half share of Union & United*and $5 in cash for one | share of Schulte, DIVIDEN’DS. Pe m e H P it G S E o Eance vy 5 3 Hn"y gu,;( o n! o 7% Tarry N nf'rt 0 S SEEGS TENESY = FSTEERR Ty f'_ petition by : 703 ors for 35 years, will retire at the |« FINANCIAL. COTTON DECLINES INTRADING TODAY Selling Promoted on Belief That Better Weather Pre- cedes Hedge Selling. By the Associated Press SW YORK, December 31.—The cotton market opened steady today it an advance of 1 point to a decline overnight buyir Liverpool cables, but the inand was soon supplied by re combined with Southern selling selling for both Liverpol and conti nental account. By the end of the first arch had’ declined from 1 the general market showir bout 9 to 10 points, ng tapered off after the been supplied and the selling on ‘elief that the able weather now ted in the South would be re ted by increased hedge selling here ¢ week New Orleans Market NEW ORLI ] December 31 (). The cotton market opened hrvegular | here today and disappointing com- | with Liverpool virst | showed 4 points’ down, prices ha during sthe call. T tinued to e oAf after continued goopd \\lux\r r the stari and the de- | in advance | s. ded down | “Mareh and May or 4 to 5 points unde close. There was li ade. New York is ex pected to suspend trading at noon Liverpool Quotations. LIVERPOOL, December 31 terday w).—| Loans at 57 to 5157 initial | Amer. good Cotton—Spot dull ican_strict_good price er; middling, 7.8 strict middlin, strict low muhllxw 5.84: strict ordinar ood Receipt 5,000 Amel wdy; January, 7.00; July December Official ne closing: (1926), 6.69 ELECTED DIRECTOR. YORK, December 31 (#) ha Walker, president and chair 1 of the board of Blair & Co., Inc been clected a director of the Electric nd | on value a vaes Lockhart viee pre & Co Am; estimated @ R. Wilder, Boveri for 000,000 by president o : Your Banker Rnow When in doubt about a consult your banker. It is equally as much his interest ours to protect your You trust him with | your why not frust him with your investinent problems? OIN THE CHRISTMAS SAVINGS CLUB oF THE FEDERAL-AMERICAN “Everybody’s Doing It.” EXECUTIVE ant. Office and Sales Manager, e desires o m: office. Listed stocks and Economical Conditions Tyler & Rutherford Loan Correspondent of the Mutual Benefit Life Ins. Co. 1520 K St. N.W. WE FINANCE [—all classes of income-producing propert: Large Loans a Specialty Ctirrent int. rate and commission Higbie & Richardson, Inc. 816 15th St. N.W. Stocks Bonds 0dd Lots Carriea on Margin Buck & Company —BROK¥RS— Established 1916 312 Evans Building 1420 N. Y. Ave. N.W. Tel. Franklin 7300 Direct Private Wires to New York Provident Mutual Life Insurance Company Funds to Loan In Small or Large Amounts at 57 Per cent, WM. H. SAUNDERS CO., Inc. Realtors 133 K St. NW. Main 1016-7 HOME OWNERS LOAN S HOME FURNITURE fo $200 within one day, furniture up to £118 ir o _your O : 8! Real'Eitate. Small Loan Co. Furniture Loan Procurement Co. t al Bank Blde. bonds bought and sold on commission. Accounts carried on a copservative marginal basis. We {nvite correspondence on * securities HARRIMAN & Co. Members N. Y. Stock Exchange 111 Broadway, New York WASHINGTON OFFICE 729 15th St. N. W. Telephone: Main 1603. The New York Life | Money to Loan Seenred by iirst decd of trust on real estate rewailing_ interest and commission, Trust lJo:eph 1. Weller #20 Wash. .. & Conti;lental 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 Public Service Corporation " of New Jersey Dividend No. 78 on Com- mon St Dividend No. 32 on 8% Cumulative Preferred Stock Dividend No. 16 on 7% Cumulative Preferred Stock Dividend No. 5 on 6% Cumulative Preferred Stock The Board of Directors of Public Service Cor- poration of New Jersey has declared dividends atthe rate of 8% per annum oa the 8% Crmu- lative Pn(znvd S:txl. being $2.00 per share, at the rate of 7% per annam on the 7% Cumula- tive Preferred Stock. being $1.75 per share, at he rate of 6% per annum on the 6% Cumola- tive Preferred Stock, being $1.50 per share, and 50 cents per share on the non par value Common Stock for the quarter ending December 31, 1926. Dividends are payable December 31, 1926, to tockholders of record at the close of basiness December 3, 1926. T.W. Van Middtesworth, Tyeaswrer. Public Service Electric and Gas Company Dividend No. 10 on 7% Cumalative Preferred Stock Dividend No. 8 on 6% Cumulative Preferred Stock The Board of Directors of Public Service Elec. tric and Gas Compasy has declared the regular quarterty dividend oa the 7% and 6% Preferred Stock of that Company. Diwidends are payable | Deceraber 31, 1926, to stockhoklers of record at Lhe close of business December 10, 1926. T. W. vau Mudiesworth, Treaswrer. 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