Evening Star Newspaper, February 15, 1928, Page 15

FINANCIAL. rst Mortgage Loans Lowost Rates of Interest and Commission Thom Mortgage Money med At Low Interest Rates Tyler & Rutherford | Representing Mutnal Benefit Life Ins Co er & Company, Inc. oney to Loan Secured by first deed of trust on real estate Prevailing interest and commission Joseph I. Weller 820 Waeh- 1c Let us have your applica- tions_for LOANS ON REAL ESTATE Immediate Action Courteous Treatment Our record of 35 years speaks for itself Percy H. Russell Co. || | sues. | ury, | there were several of the low coupon | raiis and public utiiities that exhibited HIGH-GRADE BONDS TREND UPWARD Advance in Renewal Rate of Money Has Little Effect on Market. BY CHARLES F. SPEARE. Special Dispateh to The Star. NEW YORK, February 15.—The ad- vance in the renewal rate of money | today to 4> per cent was not a factor in the market for high-grade bond is- United States Government Treas- certificates moved upward and considerable strength. The effect of a fairly high money rate seems to be more in the way of re- ducing the volume of transactions than in distributing prices. Most of the trading is n semi-speculative domestic (v v BONDS s e Lib3deys Lib 4th 41 s US 3% 43-4 USiuss: 12 Argentine 6s Oct59 Argentine 6s A Argentine 6s B, Australia 58 19, Australia 6s 1957 Bank of Chile 6% Belgium Belgtum 17s Belgium 73gs, Belgium 8s Bolivia 8s. Bordeaux 6s. Brazil 6%s Brazil 7s Brazil 8s 11513 FOREIGN. Sales. High. Low. i Argentine 63 Ju 69. 51 100% 100 1001 100 100% 094 97y 97'e YT 11511 11513 5. 100 100 100 100 110% 105% Raceived by Private Wire Direct to The Star Oflss Quotations to 2:35 p.m.—Final Quotations in 5:30 Edition. UNITED STATES, « Sin Pipe Line 6s... Skelly Ol 6%8,... Sou Bell Tel 6. Southwest Bell Stand OII N J Sug East Orient 7s. TennElecPow 68 47 Toledo 5dn 18t 7s. United Drug 6s. U S Rub 1st rf 61 U S Rub 7%: U S Steel of Utah Pow & Lt 5i Vertientes Sug 78, Warner Sug arner Sug West Klec b Westinghouse §s. Wilson & Co 1st 6s. WinRepeat Ar1%s 3 Yngstn S&T s w.i. 60 101 RAILROAD. 93'% 97% 94'% Atchison ad) 4s... Atchison gen 4s... AtlantigC L cl 4s. AtlanticC L 1st 4s Atl & Dan 1st 43 48 B& O Gold 4 12 Sales. High. Low. 59 05k 95w 2:65, 94% 104% 108% 103% 100% 107% 107% 107% 95% 104 108% 102% 100% 85 4 106% 104 104% 103% 4 106% % 1007 93% 97% 811 971h 10074 1007 1041% 104 5% 4% 1044 104% ACTIVITY RENEWED | INLOCAL MARKET Wholesalers, However, Note No Material Changes in Food Prices. usual mid-month period of activ- ltmgfln to manifest itself in the lo- cal market this morning, although prices remained virtually on the same scale as has prevailed for the past few days. 11 roducts showed considerable mlg“l‘egen‘;. while meats and fruits were sluggish. Government pay day falling today was expected by the market men to react in a marked stimulus to market conditions tomorrow. Today's Wholesale Prices. Butter—One-pound apzrmts. 49a50; tub, ‘73?:; g‘f‘;&fln:olfimd. 35a36; hennery, 36a37: current receipts, 33 a34 EVERYMAN’S INVESTMENTS BY GFORGE T. HUGHES. Bank Rates Here and Abroad. When the sales of Government se- curities do not correct undesirable con- ditions in the speculative markets, the next step of the Federal Reserve Banks is to raise the rediscount rates. This was what was done in January. It was the reverse of the operation of last Au- gust, when rates were lowered to effect easier conditions abroad and permit the unsettled currency situations there to return to normal. The Federal Reserve Banks of the! United States stand in the same rela- tion to the money markets as do the great banks of issue in England, France, Germany, Belgium and elsewhere. Be- fore the Federal Reserve system became operative there was no such thing as a national gauge of money conditions. For generations, however, the redis- c.unt rate of the Bank of England, of the Bank of France or of the German Reichbank was the guide for all bor- rowers and lenders to follow. This rate could be adjusted to meet the require- FINANCIAL. FINLAND GETS LOAN. New York Banking Syndicate An- nounces $15,000,000 Deal. NEW YORK, Pebruary 15 (®).—A banking syndicate headed by the tional City Co. has announced a loan of $16,000,000 to_the ment. Public offering of the issue, which 1s in the form of 5% cent, sinking fund gold bonds, due February 1, 1958, will be made today at 9272 PP . s 0 v joan Wi n money for the republic, as it will be used to retire a 6!, per cent issus brought out in 1921 in Norway, Den- mark and 8t 3 Roercan Teeroone o Teesuie Coupary 154th Dividend The regular quarterly dividend of Two Dollars J) and Twenty-Five Cents g ($2.25) per -share will be paid on Monday, April 16, 1928, to stockholders of record at the close of business on March 15, 1928. H. BLAIR-SMITH, Treasurer. MORTGAGE LOANS ANY AMOUNT Secu Ly real estate n D. C., arby " and Va Prevailing Interest and Commission H Applications Invited at 5%2% Glover & Flather 1508 H St. N.W. n 1753 = —— ' Real Estate Loans s, 37038; Spring On Improved Property 5%% Interest Bremen, Sta Poultry, alive—Turke; Buenos A Buenos Alr. Canada 53 1931 Canada s 1952 Canada b3s 1929 Chile 7s 1943 102t Chile 8s 1941 28 111w Chile 83 1946...... 11 110 Chinese Gov Ry §s. 2 . Con Pow Jspan 7s. Covenhagen §sct. . Covenhazen 5%s Cuba 5ts. Czecho 7138 Czecho 8s 1951 Czecho 8s 62, issues or in foreign bonds whose re- | turn is so high that this group is not | prejudiced by money conditions. i Important Development . One of the most important of the | day's developments was the declaration | of the first interest on the adjustment bonds of the new Chicago. Milwaukee & St. Paul and Pacific Railroad. This ' was declared today at the rate of 1'. | per cent, covering a period between | ]Pebnury 1, 1925, and June 30, 1927, ‘wim an additional payment of half of one per cent for the last six months of last year. The adjustments are non- Money Available for ||| cumulative prior to January 1. 1930, | but cumulative thereafter. The mem- FIRST DEED OF | bers of the old St. Paul defaulted bonds TRUST LOANS || S mdiiad g 6% " !followed _the stock and_gained 21z Reasonable Commission | pomnts. Pathe Exchange 7s declined 3 Prompt Replies to Applications || | points. Brooklyn Union Gas 5lis were JAMES F. SHEA up 1'; points and Liquid Carbonic 6s about & point. There were fractional 643 Louisiana Ave. N.W. gains in the sugar and iron and steel _—————— % 108 4 111% 9619 105% 891y 88 97 96% 108% 111 97y ol o 6; roosters, 18 | ments of banking and of business. In- g““k‘;"“fb::o".“k',.'&‘fl;'oang, %0a75; old, | vestment and speculative markets were ducks, 18020; KeRts, 3O Gaac: Spring | very sensitive to its changes. 1t was hickens, 33a35; fowls, large, 2¢a25; | frequently necessary, in the interest of Chlckens, Sosters, 20 capons, fancy, |deflating a market sitution, to draw in small, 38840: ‘small, 30a32; ducks, 25a | funds through the medium of a higher heavy, lBD.I (g di t rate, or, when trade was de- 30f\fk:l.sts‘fresh Killed—Beef, 20a23; veal, (pressed, to release funds in order to Meats, Ireol dazo: fresh hams, 10820; | accommodate commercial requirements. 12‘13 P 0a20. fresh shoulders, 15: This automatic adjustment has arioh d hams, 20a22; smoked shoulders, woven into the operations of the Fed- smoked hams, 20422 SR lard, 1215: |¢ral Reserve Banks and has been em- 14al5; strip <0 lambs, alive, 13%. | ployed frequently in the past five years. calves, alive, 16; lambs, 3 | The mntrotl“thnt thesehbunks and thc;r Fruits and Vegetables. JOVernors ve over the monetary af- " f the country makes their respon- s lies moderate; demand [fairs o m&‘l‘:’}.’fififfiec “teady. Barrels: Vir- | siblitles very great, and there are al- Toee U. 8. No. 1, 214 lnches up, Stay- | ways those in Congress who are wateh- = i | Bans, fine quality and condition, 8.00a | I8 out 1o see that these powers are :‘:!” Coromm.. 2 0%, | 8.50, few higher. Boxes: Washington, |5 5.ty nnaura) that one section e o 2 103 | medium to large size extra fancy Dell- | o0 the’ country at times feels that it is Chi& Alton 3%s.. { clous mostly around 4.25. few higl being sacrificed to the interest of an- B other section, but when the charges made since the war regarding the ad- | ministration of the Federal Reserve | system have been sifted down - they have contained little to justify real crit- icism of it. 13 991 14 995 1 102% 73 10T% 5 101% 926 15th St. N.W. Tailors to _Gentlemen B For Mortgages Investments 3 Generations, JAMES Y. PENNEBAKER Member Washington Real Estate lnard 1520 K St. N.W. Bang & Aroos 4s 51 Brooklyn Elec 6%s BklynElevated 6 BKklvn Manhat & Buff R & Pitt 41 Can Nat 4%s30... Can Nat 4158 54... Can Nat 428 67... Can Nor 4'%s 1935, Canad North 7s... Canad Pac deb . o an Pac 4%s ¢ o sy Central of Ga §3:5. 107% DE15%s Mel 5 i 3 Central Pacific4s.. 3 9 | DEI5%s Novb3. Duteh East | 62 62, 20 ! Salvador 8548 . . Finland st 6s 45 Finland 7s. .. Framerican 1 4s The designing of Gentlemen’s Clothes is a fine art. Heiberger de- signers are masters of their craft. 96% “ 100 % 100% 101 101 100% | 1157 Main 5328 101 101 100% 11578 90Y 101t 1044 1054 3 111 7 110% Satisfactory Terms | WEAVER BRO | REALTORS 809 15th St. Main 9486 S — e M N Y Y Vo Y Y incastrial (list. The feature was the rise to a new 1 high price in J. ser 5's, which o el 30: Romes mostly 335 winesaps, 3.75. Bushel baskets: Penn- syl\'am‘: U. S. No. 1, Staymans and ! Black Twigs, 2% inches, 2.5082.75. Cabbage—Supplies moderate; demand | moderate, market about steady. New stock: Texas, bulk, per ton, round type, 60.00 Ch&E 111 gn 58 51, Chi Gt West 43 59 CM& Puget S 4 975 | C M&StP 48 25 ¢ 1073 | CM & St Pdb 4s 104% | CM&StP deb 48 ¢ 99 |CM&StPcvey lili)'h CM&SPeve 1832y CM&StPgnates 2 CM&StPrfdals. 2 CM&S 1 The New York Life Insurance Company Offers to Make German 7s. ... Ger Gen Elec 7s. Greek 7s. Haiu 6s. Hunszary 74s. H Italy 1s... i Italv Pub7s... 65.00; Florida, 1'3-bushel ham- | pers pointed type, best, 2.00; “"LOCOMOTWE PLANT DSl Tose, et ol oW 1097 PROFITS, First Mortgage Loans | On Improved Real Estate in the District of Columbia derate, market steady: g\"gu?sr mostly around 5.50; Florida, 10- | i i [ and Nearby Suburbs in Montgomery Coanty. American Corporation Reports Net D e e ey Cae Income of $6,391,278—Figures inch cratss, 2.75a3.00. Drop Below Record of 1926. 51/2 7 Lettuce—Supplies _heavy: demand | Apply light, market dull: California, crates. Iceberg type, 4-5 doz, 2.75a3.00; mostly RANDALL H. !l.ggn‘zn & CoMPANY 3.00: Arizona, crates, Iceberg type, five MORTGAGE LOAN CORRESPONDENT dozen, 2.25a2.50. 1321 Connecticut Ave. Telephone Main 9700 | issues, with lower prices in the metals, | | rubbers and in several of the local trac- | = — | tions. ! Money to Loan i on Dugquesne 4'¢s a Feature. | A broad movement occurred in Du- ! e T et s | {over freely at h phia . D. C. Real Estate | 515 were close to par, and New Orleans Public Service 5¢ touched par. The vari- 60] lnterest jous issues of the American Telephone 0 |& Telegraph Co. and its subsidiaries | were well taken. i ! In today's new issues, amounting to Columbia {over $36.000,000, the Republic of Fin- Permanent Building | iand 5::s attracted most attention. Of e the $15.000.000 amount offered over Association $4.000.000 were reserved for sale abroad. | > 733 12th St. N.W. 52.353 Chi Rys 58 {ChiR1&Pgn4 IChiR1&Prr CR1Pac+ [8 ChiTH fnc 6s60. . Chi & W Ind cn 4s. lcawisuse CCC&StLA%s. .. CCCRStLrfs A, 101% | Clev Term 5% Milan 6igs. Mexico 5sa Montevideo 7s Onicns—Supplies moderate; demand moderate, market steady; Ohio and Indiana, mostly Ohio, 100-pound sacks, yellow, U. S. No. 1, medium to large | size, 3.00. Potatoes—Supplies moderate; demand moderate, market unsettied and slightly weaker, Michigan, 150-pound _sacks, Russet Rurals, U. S. No. 1, 3.35a3.50: Minnesota, 150-pound ~sacks, round whites, U. S. No. 1, few sales, 3.40; Idaho, Ho-pmand sacks, Rurals, U. 8. No. 1, 2.75a2.90. Spinach—Supplies liberal; demand light, market slightly weaker; Texas, bushel baskets, Savoy type. 1.25a1.5 South Carolina, bushel baskets, Savoy type, ordinary quality and mndmon‘l 1.00a1.25. Tomato Market Firm. § ‘omatoes—Supplies moderate; de- .m;rnd light. market firm; originals. | Florida. sixes, ripes and _turning. | Apartment Home Office Building Business Property By the Assoeiated Press. | NEW YORK, Pebruary 15 (#).—Net | income of the American Locomotive Co. for 1927 was $6,391,278, equivalent to $16.67 a share on 383896 shares of 05 | This is another refunding issue, but of | > 3 {‘N"; iln internal rather than an external oan. | “A significant evidence of the change {1n investment distribution methods was given in the caption over another new issue today, which stated that ‘“sub- | scriptions from investment dealers have been received in excess of the amount 3 : Invest in Guaranteed of this offer.” and that bonds were still |available to the private investor 6% First Trust i S o o e pove oot ai- otes Secured on District of Co- lumbia and Montgomery Norway bls. Norway 63 194 Norway 6s 1944 Norwuay 6s 1952 Orient Dev deb 6s. Paris Ly-Mea 6 Paris-Ly-Med 1 Paris-Orleans 7, Peru 6s 67 Peru7s Peru 71 Peru Tis Cuba RR 7%= ! Cuba Nor 5tas e | et & Hud 5%s. i Den& RioGen 4 Den&RI0G 4 %5 36. D R0 G W Erte 15t col Erie cen Erie conv Erte conv 4s B | Eriecvt 5367 wi e Genessee I 63 The Sun Life Insurance Company of America Will Finance Mortgages on Residential Property (In the District of Columbia and Nearby Suburbs in Montgomery County) Without Commission or Bonus holders that continued on_ in the railroad equipment industry had | been especially acute during 1927 and | that drastic curtailment of expenses | had been made. Economies thus effect- ed, in conjunction with the more stable | carnings of the Railroad Steel-Spring { Washington élock Exchange i Sales. Wash. R. & E. 45—$2.000 at 927, 1,000 &t 927, $2,000 at 9 Queensiand 6s. County, Md.. dwellings. Denominations of $250, $500 and $1,000. Title &‘ Investment Co. o 1512 K St. N.W. Phone Main 2676 Wright, Slade & Co. wEsBEgS New York atock Krchange Aew York Cottom Erchange Chirago Roard of Trade Stocks and Bonds Bought and Seld for Cash or Carried on Margin THE MAYFLOWER HOTEL Connecticut Ave. at De Sales St. Telephone Main 1581 1st Trust Loans Any Amount D. C. and Montzomery County Large Construction Projects FRED T. NESBIT 1010 Vermont Ave. M. 9392 Mortgage Notes Safe—Conservative 40 Years’ Experience funds or yon e highest ue W;l. H. Saunders Co Inc. e ALTORS Main 1016 1433 K Texas and Pacific Ry. 4% Equipment Trust Certificates Series A PHILAUELPHIA PLAN FPrice ot market, yielding shot 4100 425% Cernfuates 15 wore than inent. Texns o8 Pacitc Halway i on integral part of Misoun Focific System tyiy by Senwl watunities, S & CO P | wow HIRIEENIY wee B A e ESTABLISHED IN 184 | Chevy Chase Dry. pfd.—5 at | Barber & Ross 61:5—$1,000 at 94%, | $3000 at 94 $1.000 at 94. Pot. Elec. 5% pfd.—5 at 112. Wash. R. & E. pfd—10 at 102%, 10 at 10 at 1027 10 at | Uniou Trust Co.—2 at 315, 108 {Col. Sand & Gravel pfd.—5 at 105!, | Merch. Tfr. & Stge. pfd.—5 and 110. i After Call | Barber & Ross com.—25 at 32%. 3C2’Dls Tract Co.—10 at 115! Pot. Elec. §% pfd.—5 at 1121, Sanitary Grocery Co. pfd—5 at 107. | City & Suburban 55—$1.000 at 997, Wash. Gas 6s “E"—$100 at 108. Wash. Gas Lt.—10 at 88%,. | Sanitary Grocery pfd.—i0 at 107. Cap. Tract 55—$500 at 104!5 { Pot. Elec. 65 1653—$1,000 at 109. | Money—Call loans, 5 and € per cent. Bid and Asked Prices. BONDS. PUBLIC CTILITY e Tel & Telea 45 Queensiand 7. Rio de Jan 8s 1946, Rio de Jan Rs 47, Rio Gr Do Sul 8s., Rome 6'ss. ....... Sao Paulo City 8. Sao Pauio 83 1936.. 340 Pauio 1950. Sazon (PW) 78, Seine 78 42. .. Serbs Crot Slo 8s. Sotssons 6s. . Sweden 51 Swiss 58 1946 Swiss Confen Toho El Pow 18 Tokio 53 Utd Kingm 6135 29 Ctd Steam Couven 6 Uruguay 8s Yokohama 6s w Ajax Rubber§s... Am AgriChem 7%s Am Cotton Ofl bs. Am Smit & R 1=t §s Am Sugar Ref 6s AmT& Tecltr4s., AmT& Tl trbs.., | Amer_ Tel & Tel:a 4 Am. Tel. & Tel ctl tr | Anarocun & Pot. R R & P ar. 5 P Va3 Traction R R 7 & Suburban Gar 18t 5 st Gy Arcade G | & Annap. 5 162 105% 1004 iy AmT& Tslbs.... Am Tel & Tel 6%, Am Water Wks bs. Am Writ Paper 6s. Anaconda Ist 6s. .. Anaconda cv db 7 Andes Copper 7 Armour&Co 4 %839 Armour Del 6% 8 Assoclated Of] 6s. Atiantic Refin 5s. Barnsdall 6s 1940, . 61 1044 MISCELLANEOUS Burber & Ross Ine. 6w . Chestiue Farm Duirs 6 s Chevy Chase Club Bi,s D €. Paver Mfz Gn Pot_doint Stock 14 WM Cou Was - axt, 04y o 9 107 : = [ | Bx be 16 PUBLIC CTILITY 1 ek 1 1 i THUST COMPANIES 4170 TIELE I0st KA R Liamine Pitie Vatote Titie Tov Co of Ma Tille b1 MISCELLA rovs ary Groery i1 L Wit Cargy alin W canned wsparsgus from America is idered u greal dellcacy on Chinese Bkivn Union 6% s Bush Term Bldg Gs Chite Copper b3 ol Gas&kFl deb b Con Coal Md Int ConGasN ¥ 8% Fisk Itubber Gen Mot Ac Goodrich 6% Goodyear by rets o & Co 6% Humble Ol b ;. Humble O & R 6%® 1Hinols iell 181 bu. Hiinois Steal 4% n. 10t Mer Maring 6 Int Paper 6 47 Inter Iuper 10 68, Int Tel&Telex 448 J Kayner & Co 6% Kun City 1 & L bs. Kan G & 1516362, . or 63 ireit & Myers Loriiiard b | Loulsy G & K 6 Manat) Bug of 1% Mig Con 6% e 40, slidvale Hiesl b Mont Power bs Mont Fower deb 68 Mor's&Co a1 4%n. NatTub Ist bs. Newlngland Tel b N Y Fdison be 44, New York 150 6%8 N Y Teldlhe. N Y Tel6u41.... NY Teltnes, .. ... North A kd1s bu. Nor Blates Fow be, Pacinc Gus & K) 68, 1 Por His Am T Publie Servie Publie Bervic ReminktonAr 8 32 Hinclair O 6 Sinelalr O 6 Sinalatr O 7a Ginier Labies, - Minclaii Crode bln Cta Kingm 5%s8 37 123 1065 197 3 109% 13 960 1 1084 14 105%W 1 102% 71024 104 997 105% 1064 109 100% 100% 2 108% 111% 100 10614 1010 i 104% (e 4% 1054 106 104 7 10z 106 1064 1067 106 1014 106 1024 Py 1048 1to 1055 1169 108% AT 110% 10 10i8% 10b'y 6y % 104 100 ey 10 1064, Wi oy Yrhy 97 10074 L 96% MISCELLANEOUS 31 101" 100 108% 1001 1024 103y 1004 1064 1010, 104% 100 1015 106 102 L) 1047 1044 1165 e e 1oy 1021 103 10 ELEY 110 107 934 § 118% 107 107 101% 106 101 991y 104% 1084 (28PN 995 9| 89 118 1064 | 100% 1084 111 1001 50 1064, 1001 102% 106% 10014 1064 1011 104% 9ily 1% 106 106% 1050 1015 106 102 [e) 10474 10 1050 104 100% (71 ! Great North ¢4 'w i Great North 5s.... | Great North § | Great Nor gen 7s.. | Hud & Man ref & | Hud & Manaiss | 111 Cent Ch1 435s i Int Rapid Tran ss, { Int Rap Tr $3 stnd. | Int Rapid Tran 6. Int Rap Tran 7 Int & G Nor ad 6s.. IntRysC A bs72.. Int Ry C Am 6s 41. Int Ry CA8%sret Kan City FtSds... Kansas City S 5s.. Kan City Term 4s. ~ | Lehigh Valends.. LehiechVal con 4% 3 Lehizh Val 5s 2003 Lone Is rf 4 o | Lonis&Nash uni 4s L&N4%82003. ., Louin & Nash 61 Man Ry 18 | Market St 7340... LM E1 Ry & L 5861 | MSIP&8SM3s2821d MSUP&SSM 6148 [ MK&T 15t 4s. {K&T4sB. 1 K & T ad) bs. Mo Pacifie cen 4 1o Pac hs F17... 1ob & Ohlo 4 %8 77 2sau £ 48 81 New Or Term 48 NOTex & M 58 NOT&M5ls. ¥ Cen gen 334 Y Cent4s 9 ¥ Cent deb 4 104% 109+ 9% 991 1023 100% 951y 921 N N N SPQEOPA- I NY NH&H cv b 6s NY H Hav&H cit 6 NYOnt W ist as.. N Y Rys6sA65... NYStatg Ry 4158, NYWRPR 4%, Nor & 8 gen 68 64. . Norfolk & W en 4s, Nor P'ac 3s 2047, Northern Pac 4s. .. Northern Pac r 1's Ore Short Lrfs | Ore Short 1, i Pennsyl gen 4148, , Pennsyl pen bs. .. Pennsy! 6 6 Peansyl 6s Pennsvi gold 7 Pere Mar 18t 48 PCC&SILGNA.. Port RL&P 7% 46 Reading gen 444, . 10 G W Intds.... Rio G Went ¢l 48, RIATKk& Lays., Bt L IM&S 48 2 Sth IM&S REA 48 IStL&SKpIanA, SUL &SP prin HULES I 6Kl St L& S 1 ad) | BUL&S 1o o Bt LSWist SUL 8 Weon HUP & KCShLL 9% Ban A& Arn Pas,, ‘ 108t 102% 101 101 0ty oty %y [CETWN SIS AL Fla 65 36 18 Hou I'no 48 29 Hou P'acific olt Bou I'acifio ref Sou Ity ken 4 % Sou Iy Con 68 94, . Hou Ity 68 66 . V7% 024 it 1o 126% 1064 1084 ) 1014 o 1040 UKl 079 100 i 1009 1001 [ 102ty w2ty ey ety Third Avetad) b Tol Tr L&P 6%a 80 Unfon Pao 1ss 4s. . Unlon Pac 18t rf 4n Un Pao 444,887, Untont Unfon Pan ov he rginia ity 181 Marviand 4s. nMA 6w Wani Bhare 4 2181 Whel & 1, 11 448 WinCon gneadd,, Vi w 1023 i 100% 95% 91ty 1078 KOty 101% 9874 5 | 1.7582.75; WTa| , fancy count. best, 5.506.00, mcsflp;dlro\md 5.75. fair to ordinary quality and condition. 3.50a5.00; choice count. best 4.7585.00: poorer, wide range prices, 2.50a4.00; repacked in Baltimore, unknown origin, sixes, ripes, wrapped. fancy count, 7.00; choice count, 6.00 Te- { packed in New York, unknown, sixes, | ripe, wrapped. fancy count, few sales, | 6.00; threes, no sales reported. | Peppers — Supplies light: demand | light, market firi Florida, pepper crates, fancy, mostly around 5.00: few nigher ‘glrro!s—supplivs light. demand light, market steady: Texas, Western lettuce crates, bunched, a3.00; bushel baskets. bunched, 2.00. Beets—Supplies light; demand mod-i erate, market steady; Texas, Western | Jettuce crates, bunched, 3.50a4.00; most- | ly 350a3.75; bushel baskets, buncl.xd.‘ 250, | smxlmm\rrfsupplies liberal; demand | light, market dull; California, pony | crates, 1.75a1.90; poorer, low as 1.50. Baltimore Markets BALTIMORE, February 15 (Special). —Potatoes, white, 100 pounds, 135a 225; barrel, 1.50a3.75; sweet potatoes, barrel, 2.50a3.50; yams, barrel, 3.00a 350; beans. bushel, 3.50a650. beets, crate, 1.75a2.00; cabbage, hamper, 125 al.75; cauliflower, crate, 1.5082.00; car- rots, bushel, 1.25a1.50; celery, crate, eggplants, crate. 1.50a3.50; kal~, bushel, 35a40; lettuce, hamper, 1.50a2.75; onions, 100 pounds, 1.75a2.75; crate, 8.7505.00; parsnips, bas- | ket, 25a30; savoy cabbage. bushel, 50a | 60; spinach, bushel, 1.15a1.50; tomatoes, crate, 2.50n4.00; turnips, basket, 20a35. Apples, bushel, 1.25a3.00; barrel, 3.50 X 1074 | 1 E | | Bl | | | 0o, BOY, LULN N 94 " " ISRy 1104 126 1084 1084 i 1064 1084 1000, 109 B 102 [an By [T 0oty Nt 10 ity 0ty [T a8.00; cranberries, box, 6.00a7.00; grape- fruit, box, 3.50a5.00; oranges, box. 3.50 ; tangerines, box, 3.50a5.50; straw- berries, quart, 55a65. Hay and Grain Prices. heat—No. 2 red Winter export, No. 3 red Winter export, no quo- 2 red Winter, garlicky, do- 8. No. 3 Winter, gar- estic, no quotation. Corn—No. 2 yellow, domestic, 1.07; No. 2 contract, export, 1.05; cob corn, new, 4.60a4.75 per barrel. Oats—No. 2 white, domestic, 64a63; No. 3 white, domestic, 63a64. Rye--Nearby, 1.00a1.10. Hay—Recelpts, none. Hay 1s arriving here in falr quantity, but the demand for hay locally i1s very limited, and not enough actual business is passing to establish quotations on the various kinds of grades. Range of prices about $14 to $17 per ton for good hay in timothy and clover mixed Straw—No. 1 wheat, 11.00812.00 per ton; No. 2. 13.00a14.00. Country Produce. Livé poultry—Turkeys, pound, 38a43: old, 35; poor and crooked breasts, nter chickens, 38040 young chickens, 43; leghorns, 27a21 and thin, Wh 147; tation; No cn: 227 capons, 28u38; old roosters, 15 ducks, 25u28, poor and thin, guinen fowls, each, 40add; pigeons, patr, 30a35. Dressed poultry—Turkeys, pound, 38a 45, old, 3586, poor ‘and crooked breusts, 26n30; young chickens, 30a32; old, 24n26; roosters, 16a17; due 30 capons, 30a40. Eggs —Recelpts, 1,203 cases, and nearby current receipts, cunes, dozen, 27a30; strietly doren, 33n33. Butter—Good native i free fresh, (o fancy creamery, pound, 44a4d; prints, 49a81; blocks, 48ub0. ladles, 37038, rolls, 34ud6. store packed, 32833, dalry prints, 34a36; Process, 42udd 0il Company's 1927 Profits. HAN FRANOISCO, February 13 (#).— Richfield Ofl Co's net profits for 937 rone o §3,942,884, equivalent to $3.70 on the e . from $3.004.400, or $2.94 w share in 1020 Sales wero $39,- 612,000, ngainst $32,071,000 In 1936, an Worease of 40 per cent. Wbiiis Cotton Broker Suspended. NEW YORK, February 18 (.- Wal- ter O Hicks, member of the New York Ootton Exchange, was suspended today for inability to meet his obligations, it was announced from the rostrum of the exchange, Co. and income from securities the company owns. the directors said, were reflected in the net profits for the year. It was explained that although the equipment business formerly the trend of general business, increased efficiency of railroad operations through movement of heavier train loads on taster schedules and by longer loco- motive runs has disturbed the coinet- dence. The directors expres the belief, however, that when the general busi- ness growth of the rc‘o‘llmtn hnsu:xugh: up with present road equipment capacities, more locomotives will be needed. BYRD ACCEPTS DATE. Governor Will Attend Monroe| Shrine Dedication April 28. Special Dispatch to The Star. FREDERICKSBURG. Va.. February 15.—Gov. Harry P. Byrd has accepted an invitation to represent Virginia at the dedication of the national shrine to President James Monroe. which will be held here April 28, instead of April 18, as had been announced. That will 70th anniversary of Monme‘s’ be the 1 birth. - Theodore Douglas Robinson, Assist- ant Secretary of the Navy. a descendant | {5 nroe, will be ! of a brother of James M among the speakers. President Cool- | idge has been invited. and the principal address will be delivered by Representa- tive R. Walton Moare of the eighth Vir- i ginia district. Arrested on 0ld Slaying Charge. i BAYONNE, N. J., February 15 (®.— | Major Clement, alias Charles Williams, negro, 33, was arrested yesterday at the | home of his sister on a warrant charg- | § ing him with slaying Olin Thomas in Monticello, Ga.. in 1916. Clement confessed, police said. that he had shot the man, but did not know he had died. Aerial Party Forced Down. WILMINGTON, Del, February 1§ (P).—A five-passenger Fairchilds ajr- plane, en route from Curtiss Fleld. N. Y. to Florida, was forced to land here yes- terday to await favorable weather. Be- sides the pilot the plane was occupled by Willlam A. Winston, Miss Margaret Bartlett and Miss Edna Franks of New York and Miss Norma Diets of Rich- mond, Va. The party will resume the flight today if the weather permits. Real Estate Man Dies. MIAMI, Fla, February 15 (#) - man Monroe Swetland, 79. multimil. lionaire real estate owner of Cleveland, Ohlo, died unexpectedly yesterday aft- ernoon in his apartment here. Death was caused from cerebral hemorrhage, [T s | ok | wor T e AR\ SC— 80( STANDARD OfL & INDIANA [ ot bvear PER SHARE ANALYSIS, What ts Back of Kach Share otal gross assole for oy e " W for [WET earn autte 350" Sl oo v s i tearation Stoek dividends have been pald TRo0 s [OOSR L R L T L ™ Viekds 3 0% o telal cass et (Y Evranbobh this o futue reterence, vanker ar hiok pabivi ws (0 values bac ar 5§07 Interest Life Insurance for full amount of loan is required to be at the time loan is granted Net cost completely commission esta In event of death of the Insurance pays the mortgage and so you Leave Your Family a Home—Not a Mortgage YOUNG & SIMON Authorities on Insurance Leopold V. Freudberg, Manager Life Insurance Department 3rd Floor, Woodward Building—Telephone Main 5180 General Agents for SUN LIFE INSURANCE COMPANY OF AMERICA Incorporated 1890 Co., Md. BO 1417 K St 1% Loans on Real Estate 3, 3 or 10 Years WE BELIEVE OUR ECONOMICAL PLAN OF MAKING LOANS WILL APPEAL TO YOU. Residences, dpertmen:s and Business Prop erties in the Distridt, and nearby Montgomery SSERPHE Founded 1907 LPS LOAN Corresnondent ¥ John Hasewch Mutwal Life lasurance o Main 9300 APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District ot Columbia and adjacent Suburbs of Montgomery and Prince Georges Counties, Md. 5%2% INTEREST H. L. RUST COMPANY LOAN CORRESPONDENT The PRUDENTIAL INSURANCE COMPANY of AMERICA 1001 15th Street N.W. Main 8100