Evening Star Newspaper, February 4, 1927, Page 15

H home we oan up to $115. on honsehold Furaiture. Al money repaid small sem ooocoooooood Donoooooooooo FINANCIAL. THE EVENING STAR, WASHINGTON, D. C. FRIDAY, FEBRUARY 4, 1927. FINANCIAL. * ¢ ! | sesssssess e aaad | | BU'I""]N IS S‘[[AI]Y |A Safe Place for Your Money| noooooooooonoo 2 8 Money to Loan { MARKE { “Finst. Mortange, Notes, $180 and Upward 1 CONSULT US | Secursa oy e sess ot i IRM]ING IS BRISK | NEW YORK CURE M T R are PP pLi 0 HOME FURNTWRE 2 615% T | Joseph| Weller o 0h 4 A0 ; | Recelved by Private Wire Direcs io The Star Office . |4 vanited Amodpt Seil AVl Bearing ! First G Nl e Co. | ——— INFISHMARKET s s e INTODAYSTRADING ™~ %555 e Nl i o [==pRsT DIl g s st of nds and Foune st |} | St tndaye” % New Yok | abHl ¥R K 2tk B8 ¥ ‘ e HOME OWNERS st MONTUAGE S Bleicth il e R 7 ‘ | Louis P. Shoemaker L A LOANS 9 o o NDUS LS. 0 S Sietp 7 30 ) g Bag fel - 1407 New York Ave. N.W. e S e e \Storage Eggs Virtually Off ‘il ot soun. fHE% JAan 00| spiinct” 52 % 82 18 Wi Prices Hold Well in Earlyl M“.Ii-:"‘x_ws" | 1Alb Pick Bar vie 13 £ 3 2 O W | & . 1st_Year b Stands Today as Nearby 4 Al For o 100y b0 s ik 13 24 | Trade Buying and Covering. | — T (AT, WOODRUTES, e st paacpy betad voon J i %A rh o 10 Rl 40G P 5y 4 : 100 4 + | WE FINANCE P g 1w rracereTiens S Quailty und 1¢ conts by our Loan and Investment Receipts Show Gain. ; State U 2 hay Business Active. il o i i Wowietin niouri ol Mens Sultnr 05e Department. ! Gun & Ein BR R : 1" Lamestons ; = e Large Loans o Snecialty ||| 00000000000000C] o7 1,5 gise fym W, W. H. West Company T S R 3% 24 + Current int -ate and commiasion G DG T ) o AR $ Main 1400, 1401, ounded 1894 Fish houses were actively engaged| 3 St A" B30 & 4 I G ot ki ""\Eg;“*.""":‘(";,;';\_‘l’"m”m_‘_ +—7he | || Higbie & Richardson, Inc. B o wndiow: this 38w order [l 16 15en St Main 9900 in supply the Frid trade in u-: m ; cotton market opened steady to f'! ,“."' s ‘.w‘ ‘?"od’ the \\'u:4 . h“'-v:} -nmr‘:’:i\; 19 Bancitaly ¢ 1014 0 Lom E 70 A wi 031 044 01 'd;ly x: :m‘&d":nn‘(-flror‘] to b ];(fll\(;iliv\ | = Sftering ties of fresh fish from N 5 a5 MecCrory St 5%s D81 % | response to higher Liverpool cables orth Carolina and Flor da of 5029r:‘1 medal] war .. b e e ¢ dnd i very »‘Ie‘m!y in early tradin i 50 10 4F 0|~ ppsmVcatw o | DR Rl R0 Gl on At iving B covecine: Sie | The New York Life Insurance Company 2 921 } Nat B & L 65 A Stocks Offers to Make I 1 o DRY CLEANIN 51,%-6% cents a pound 2 polt Corn #h 2B : 2 of prospects for early action on the 2 98 receipts of eg mm{mfll to ¢ Biien RR 3 G : ¢ Tran 8 McNary-Haugen bill, which some 0dd Lots Carriea on Margin and stor- S P 4 P rth Sret e T 02 1 trades here pelieve would havt:( al ° lly off the market| . Geluloia 7 18 i D 2 builish effect on the immediate market. | B k & C | F R 5 <h selected czgs | 48D G “Aeirre % 6 o P Business was tairly active, but there | uc ompany or e“t lrs or a e Oans § remained at 35 36 cents at whole- | JHERN Jean ; was considerabie Southern selling on | pEhestind iy eteitann, in Cevitor MaTket OIher | : ) § Pen O 015 1 {ho savancs, whicn carrlen sthe e | Established 1916 Surrounded by 72 On Improved Real Estate in the District of Columbia commodities remained practically sta i [ ¢ of May contracts up to 13.73 and sV a tlonary in price. Smelon P Sord o bR 3 572§ October to 14.14, or 4 to 6 points net | 312 Evans Building New Homes and Nearby Suburbs in Montgomery County, Md. fq,wi 93 3 4 58 bR 1B 5T e higher. for 3, 5 or 10 year terms on your 3 ] : 1420 N. Y. Ave. N.W. 4th & T Sts. N.E. Today's Wholesale Prices. 1 X )] ; Sy o ’g ;;X",‘,“Q‘:,r TR g 3 } FOREIGN NEWS GIVES ]| ..., ro. mrankain o0 S 51/2 i ppl: s Aero’ M : Pub bid 2 De For R C vie 1 DFRE e ofs p - 1 4 14 Dixor 5 A 4 Pou ¢ t v 42 3 Dubllier C & Ro: %3 £ NY4% i Shickens hite L . Duinhicr 1tk 1 of 4 vay C s A wi § EEEPE R 2S00 WHEAT PRICE B0OST s 2} sk, iy et s pave s giuts Motor 735s 04 3. 108 h your business | Apply Money Available For || *avDArLL H. FAGNER & COMPANY Sun_0il wift & Values Hold Near Initial Advances 4 et H. R. Howenstein Co. MORTGAGE LoAN GORRESPONDENT 1311 H St. N.W. | 1321 Connecticut Avenue Telephone Main 9700 ) Glas DO 091, ot ot Be e’ in Today’'s Dealings on the First Deed of Trust 3 3 \ 10 Ei % 7 2 ats, y s “old, 5 : :'3 -“’:A‘ =Y 'R"":"Q"Z\ ot | 30: chicken 5 Mot o 4 % R Biis 102 Chicago Market. il l OANS | Meats—Reef, 15a17; re < Do, 18 8 . 2 War By S o) F o | = lamb, fro % £y et V. i g FaT | shoulders. Reasonable Interest and By the Associated Press. n n % d shoulders, 20. Freed BC. 3% 3 Bt oD, ol Se101% 204 % | CHICAGO, February 4.—Reflecting Commission - - 1 s 15; . 39 3 Satei S firmness at Liverpool, wheat prices ¢ Sy L] C o} Jo H medium, 11a13; thin, 7as: lambs, 13. garod” cor "0 1 17 |Salesin . FOBEIGN BONDS, here tended tpward early today. Prompt Replies to Applications q“lta e peratlve ul lng sSn g etable 4Baden 7a ... 101 Higher freight rates from Argentina | and Vegetable Review. ub : ; § Bllenos 4 G 0R 54 | were a bullish factor. starting at 4 || JAMES F. SHEA JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary s markat report on fruit 2 Gleas 1 3 ] 25 Buenos , 84 888 | to 1 advance, wheat held near the f 47th YEAR COMPLETED i gl e ores .- 81 - 18) .8} s & Tas 000 8RR MR | initial figures. Corn, guts and provt 643 Louisiana Ave. N.W We will gladly receive s .$5,136,317.22 Surplus. ...... $1,406,49 News Service 8 Agri ef L 1 8 slons were steady, corn opel - 5 b . ! 3 BARERA o . T Bht Tater roedis & and give prompt attention Subscriptions for the 92nd Issue of Stock Being Received m;:l:r'engm L b 1 r i ‘ to applications for [ Ist Mortgage Loans Start Today Organized 1879 4 il AL } . # fylvania, A :3-inch Yorks, 00; ) 80 3 o 535 Oait b3 948 | kets int he face of liberal world o P Loans on Washington ashington, - &% Biee. s 3 shipments attracted particular notice X S 1008 ship a ! Qfl k Act Real E xtra. fancy Winesaps, ; Z - Free & ; . ve eal Lstate ‘ny ?T»um-(-i?’m }':tx‘» s Leh v o 81, 38 e % 10114 fflflfiiveu“':‘f{“fhfl“fi?}in’?fi{‘ an‘dt A“ufl: lc Ion Current rates of inter- = S = dipes, 3.5024.00, best mostly 3.73a4.00; Leonh T T war. 1 95 : o100 080 90 toiln tinvel nUtEafioRe more than 5. Brodie and Colbert, Inc. Should h av. yStematlca y ushel baskets, no sales reported. MacAnd 0% 30 Joonh TN C 7hs 118k 000,000 bushels this season, compared g est. Should you have Delbase_tupplles moderat % i 1 AN WS i170% with only 20,000,000 bushels in the 1702 Eye St. Main 10109 Money to Invest Whether you are ik i nd moderate, s 2 aeafe! o W w @ corresponding’ period last vear. De | e ust a small por- stock, Florids, ST b 45 4 2 05 55 1 08% (20 spite the contrast wheat during this [ 0a t 59 ¢ S —we can also take care of saving for a house el e P pointed type, 1.50a1.50, hoe ... 80 3 Toww wi'eg G time shows 3 to 4 cents a bushel ad- ns a b L0 0 Il you. Our experience, ex- or to complete your tion of your salary : 3 3 dition low a. ; Texas, barrel A 9 5 6 i T W CPERE 14 vance. ) | el g : i ’ i di ited 1 erates, approximately 100 pounds net, 3 Bl 11 Mo i\fiim.\'yfin“';x. 058 193 3 | Inferences drawn in some quarters Economical Conditions 'l tending’ over a period of children’s education, eposited regularly u k{ round type, 2.75a3.00; Louisiana, bar- 5 5 111 3 edellin 7. . 4 41§ fare that European requirements of T & R h r‘ | you’ll find the Equi- will in ti 5 » o H X n tim w S feniss, ppproximately 00 ponnds ]« 3h Momawyo f 3 Sanda Fala'se A 10012 . wheat have been greatly under-esti- Yler uthe ord Thirty-five Years t)able’= B stem{;tic o net, round type, 3.00; T 7 xon P’ 99 mated. Reports continued to indi- R A —insiives. yonE protection le’s ¥ a substantial sum. York, sacked, per hundr ght, cate no enlargement of foreign stocks Loan Correspondent of ¢l Yy & saving plan a valu- Start now and stick Danish type, 1.25a1.50, few 1.7 except of wheat now afloat. Under Mutual Benefit Life Ins. Co. Percy H' Russe“ Co. able aid to accumu- Cele: upplies ; demand such circumstances bulls were in- late money. light, market E Vi California, elined fo i 2. A + pin faith on ste further Newark, N. J. STaten (4:5065.00 4 e demand for wheat from North Amer- || 1520 K St N.W 926 15th St. N.W. tea. b 33232 BT mamo D 10-4nch crates, few 8.00. a Lettuce—Supplies ' liberal; demand moderate, market steady; California, crates, Iceberg type, 4 dozen, 3.50; few high as 3.75; 5 dozen, 3.00a3.50; Arizona, crates, Iceberg type, 5 dozen, 2.50a3.00; Florida, 1%-bushel hampers, Big Boston type, 2.00a2.25; few 2.50. Onlons—Supplies light; demand light, market steady; Michigan, 100- Te © 103 pound sacks. yellows, U. 8. No. 1, o 7Y Aol &PL';’}Q'J large siz Indiana and Ohio, 100-| 3¢ Satewny Staver . 534 3 U. 8. No. 1, me- 1 Sesman Bros dium' size, 3.25; mostly 3.00. Potato Market Steady. S Vi Potatoes—Supplies liberal; demand P& airly steady; Michi- Russet Rurals, .25; mostly 4.2 Maine, 150-pound sacks, Green Moun- tains, 4.50; 120-pound sacks, 3.50a3.75. Spinach — Supplies moderate; de- mand modérate, market fairly steady; South Caroli cloth-top ~ barrels, Savoy type, 2.75, few high as 3.00; Texas, bushel baskets, Savoy type, 1.00a1.15. & Sweet potatoes—Supplies li . market duli; , bushel hampers, yellows, h as 1.50. applies light; de- B stock, market pony refrigerators Mis- mostly 85, few high n D Uni 8§ JARUn S W Ex-alvident G New Bond Issues ! FRANCE MEETS INTEREST | ~mw yoRK, Februars & Speciah— The syndicate headed by H. M. Bylles- ON UNFUNDED WAR DEBT | by & Con .. Ladenburg, Thaiman : & Co, and tho Union Trist Co. of / H Pittsburgh, offering the $24,000,000 Pays $10,000,000 Installment De-|standard Fower and Light Corporation Attention T ] ave Us Manage J 6 per cent debentures due February 1, U spite Fact Agreement With U. . {157, ‘announces that the Issus ni f I Your Rentals S. Is Not Yet Ratified. been oversubscribed and the books . [ L closed. The debentures are priced at HATEVER your financial prob- Although the new funding agree- |99% to vield over 6.03 per cent. it rius Bas-wi araiahlys tip ment between France and the United | A dispatch from San Francisco AL methods which we have States has not yet been ratified, the |states that an offering of $10,000,000 willing to help you make a profitable French continue to pay fnterest on | 108 Angeles Gas and Electric first and decision regarding the establishment Y employed f'or satisfied thelr $400,000,000 war supplies obliga. | CT2RAInE 58 is expected Monday. of A Financial Surplus and the In- | owners dun:mg the past tion, a cash payment of ‘$10,000,000| Public offering is looked for within vestment of Capital. il Third of a Century. We having been received this week at the|a few days of a new issue of $3,000,000 : i i ituati Treasury. of 7 per cent l0-year agricultural Never jn-the history of our busi analyze your situation; Secretary of the Treasury ‘Mellon | bonds of the Hungarian Central Mort- ness has any investor lost a penny [TANKLIA s apply the system that and Finance Minister Berenger sign.|gage Credit Institution by Marshall in capital or interest through invest- BPYY : that ed an agreement here April 29, 1926, | Field, Glore, Ward & Co. . % will correct it; and give for funding the French debt, includ- — : ment in our Fy & ing the $400,000,000 war supplies, sAhm-\w issue of $2,300,000 of the e 55 you permdlcal statements over a perlod of 62 years. The agree- | gouthern New England = Telephone First Mortgage Securities £ % ment has been approved by the House | fiTSt mortgage 61 per cent series A of progress. of Roprostrtatios hoa by ihe Holse | maturing February 1, 1942, Is belng - A_DEPENDABLE er the American Senate -nor the | gered by Taylor, Ewart & Co., C. D. ARNEN. X Parker & Co., Goddard & Co., Inc. and French Parliament. The total prin- % . String beans—Supplies light; de- !tllfutl:‘d!he only large war debt yet and are priced at 99%% to yield 0\';‘ B‘Z 5 unfunded. o " mand moderate, markets dull; Florida, L % t ] . 3 ly ordinary quality and condition, | Sales MINING STOCKS. — e gl 4 ; Main 2100 925 15th St. N.W. %-bushel hampers, green, 6.0026.50. | In hundreds. S SR ushel hampers, green, 6002680, oty 1w sy WOOL QUOTATIONS. PLANS BIG EXPENDITURES. fand moderatc, market sicady; Texas, 3 BOSTON, February 4 (Special—| NEW YORK, February 4 o s B | e e s e . T e s Ganraein operstion, ot ool vl | mapenaiture o neaty "85 oo T | 05 2 tion at the moment, with reports cur- | Island & Pacltic on property improve. £ Shares THE COMMERCIAL NATIONAL COMPANY, INC. 7% Cumulative Preferred Stock (Par Value $100 a Share) will net $1 clean basis at Boston or less, o Dividends Payable Quarterly Medium and low grade wools were in JAPAN SHIPS GOLD. January 1, April 1, July 1 and Octaber 1 % [the best demand today. For cholce| N z, A0 8 . NEW YORK, February 4 (#).— 3% ‘oay |Wools, Quotations for fine territory |The Japanese government 1s shipping This Stock is free of the District of Columbia intangible tax of 5 tenths of one per cent, making it a net seven per cent investment. 186 4} 1.10a1.12; Frenck bing, 1.05a | g Redeemable at the Option of the Company, On Any Dividend Date, After Three Years From Date of Issue, At $107.00 a Share and Accrued Dividend n‘i & elghths blood, 90p92, and quarter | $6,000,000 since the first of the year b CAPITALIZATION blood, 80a82, clean basis. Fine half blood' and_three-eighths blood fleece | ment poman. 000 Since the move- 7% Cumulative Preferred Stock (Preferred as to Assets and Dividends) Outstanding g 3 £525500 [ Frrry s ERRE R A S R iri # 20808 w0 eelnroms.a = BEREE SRt ettty g —with the successful S5 8xs! P ORERES FRRaaE P Pt Sian ot {et SO IBIS B D0 IS Fr - FEE R A EEPEE - B o DR DD - ] &3 R R R R s A S R Bor 3 REI3: S [ttt o R - re ® «. SHORT-TERM SECURITIES. (Beported by J. & W. Seligman & Co.) i oer. 105% ! SER SR # Alum_Co. of Amer. 7s 1933. Am. Tel. ‘& Tel, Co. 4 % Amer. Thread Co. 6s Anaconda Copver 65 19 aeociated Oil 68 1 altimore & Ohio 1l Tel. of C: P == i wwas Sbb bb Z3E.8853 * ARE & Le: ; i m‘e'iaeux&?a e on 1Tone. Min- o e ot PR 4 Uni Verde Ext.. Jiah - Avex. ... wool of Ohio quality is quoted at Metal 45a46, grease basis, and quarter blood 7 Wenden C 3 ¥ ( N 10 West End Corsol 15 13 48 |16 held at 45 minimum. ‘COLUMBIA GAS EARNINGS. §jilea i INDEPENDENT OIL, STOCKS. 3 ANEVZM"ORK- February 4 (@).— e GETS STEEL CONTRACT. tentative sttement of Columbia o 4m Sgon_ounay Gas & Electric Corporation for 1926 {aracaibo Co NEW YORK. February 4 UP).—The | shows gross earnings of $92,253,446. Railway and Industrial Engineering | Net income applicable to the common Co., affiliated with American Brown | stock, after preferred dividends, was Boveri Electric Corporation,. has _re- | $20,627,337, equal to $6.87 a share. ceiveq from the Public Service Produc- fs e Ak tion Co. a contract to furnish the en- tire switching equipment and steel| TREASURY CERTIFICATES, work for the Marion outdoor substa- tion of Public Service Electric & Gas Co., New Jersey, which will be one of the largest in that State, L as PR, il LIVINGSTON IS ELECTED. NEW YORK, February 4 ().— Noms: Bestier Ruows Milton L. Livingston has been elected| When in doubt about a security | president of the Continental Baking|Cconsult your banker. It {s equally as Corporation, succeeding Wade D. Hol. Much his Interest as yours to protect land. Directors were re-elected. . .Sl st Ao N your deposits —why not trust him with your investment problems? E Goodyear T. & @reat Northe. genvm Choc. R R FEFRAF, SSaneS 5000 8338 constom 205 e S G o BEOT 21 Columbia Synd. . 3 Creole S, 7 FEERTGETE TP s TR FEESEIITE FIES U, §. Smelting Wheeling Steel C. ) X 3 1 Lone Star GERMAN BONDS AND STOCKS. | ,j ¥acds) Sma (Quoted in dollars per million marks.) s i ma Authorized . i..coivvecsiviveiossoneesssSHONDD00 T oicaivines vidarsineninsponvans DD $500,000 Common Stock, 10,000 shares, without par value, all owned by the stockholders of The Commercial Na- tional Bank of Washington, D. C., sold for. .$100,000 Ger Gt (w In) 5 Hamburg 43¢ 1 (Quoted i1 r G RaE SR S8 ied: COPPER IS WEAK. oNEW YORK, February 4 P.—| 9 “opper was weak in the domestic mar- | co | ket today, the metal being obtainable | ntlllentfll Tmt 0. at dlz%! i;ms Itlhpulllnd delivered to the end of May, the lowest quotation in tree two years. 'A decline of three-clghts 14th and H Streets of a cent a pound in the last three - i ; . |days was the sharpest slump in sev- Capital $1,000,000.00 300 Ang A O non vte I g | eral months, 00 A" & 2" d § i e ] 100 Atl Lobos nfd = . POULTRY PRICES EASY. Checking Accounts o b R0 Combe 151 "1 cHICAGO, Feb 4 @ A ol -2 0 | g ber . " "HICAGO, February .—Poul- i n s 130.00 { 1300 Humbl il 129 try, alive, easy; receipts, two cars; Savings cco!lnh — | 1200 Imo'o 51" can'a fowls, 25; Springs, 27; turkeys, 30 Time Deposits FEDERAL LAND BANK BONDS| 173 tig' : 2% §1 | roosters, 30; ducks, 20a32; geose, 22. Foreign Exchange 10ULLeG by Alex Hrown & Sous Closing 1 100 Northern P L... 74 74 Y god e mmerci i AP e Gn o eid euh 841 Africa Copies U. S, Theaters. Co rcm'l Credits ot (1! ) After an extensive study of Ameri.| Travelers’ Credits $ 2 can theaters a_company will bufld a | Travelers’ Cheques | §43Tn play house in Pietermaritzburg, South Credi | 5200 Vacuum oi « s | Atrica, along the lines of those'in this | Acceptance Credits Sales in DS ecountry. modern ‘improvements H Shousands, S will be installed, including a restau. Collections H0Aed PR B (rant where patrons may have meals Real Estate Loans Alum 78 n 5 & after the entertainment. 18 Am ""3% axiop 1088 1084 Jo - Collateral Loan: Paris Spurns Radio Puffs. Investment Securities Loud speakers which boldly an. Corporate Trusts S P 3 G & E 0s. FOREIGN EXCHANGE. ke R e o nounce the merlts of tooth pastes and Individual Trusts AR A 35 Ba ¥ " other articles are being condemned by . Ouotation D ot D08 & Gt on Ol be” 10810 102 people of Paris, who declare that the Administrator, Executor “averbo; ‘ latant praises that cannot be ignored | Deposi on, - pound ik 105 103% 104X | Jre bothersome. The loud speakers Safe Deposit Boxes ¢ 3 Ban"v have been established at a number of important traffic points and despite | | their unpopularity, continue to “puff” 2 commoditios. Continental Trust Co. s { American Brown Voveri Electric! 14th and H Streets Corporation has discontinued produc ; tion of structural steel at its Camde., Capital $1,000,000.00 penhager 99 8% D8 N. J., plants due to necessity for added /| et m‘éknmm crown. ... . 5 7 Det City G 68 A 1074 107 tacilities in other departments. ’ PES R PEEST age O 4 Tid Ogage O N 'V 6 Tide Water Of oisisiss i s D 92 Dusseldor! 1 pre-war Frankfort « M 4s pre-war S EEEEE SR ¢ FEE RN No honded indebtedness. The Commercial National Company, Inc., is controlled by the stockholders of The Commercial National Bank of Washington, and the Officers and Directors of the Bank are also the Officers and Directors of the Commercial National Company. The Commercial National Company was organized during the early part of 1926 and commenced operating about June, 1926. Its principal business is the making and selling of Deed of Trust loans secured by First and Second Trusts on improved Real Estate located in the District of Columbia and the vicinity. A large volume of business has been transacted during the seven months the Company has been in business. A large amount of this stock has already been subscribed for by the stockholders of The Commercial National Bank, and the unsold portion is now offered to the public, subject to allotment. Stock allotted may be paid for in full or in monthly instalments of $10.00 or more a month a share. Application will be made to list on the Washington Stock Exchange. Price $100 a Share (Interest at 79, to be allowed on all payments from date of payment) Subscriptions Received at THE COMMERCIAL NATIONAL BANK Fourteenth and G Streets N. W. » Elec id | Privat Bank ft. : PO 100% 00 000 WITTHETHTHOTHAT