Evening Star Newspaper, August 11, 1928, Page 10

FINANCIAYL. THE EVENING STAR. WASHINGTON. . C., SATURD. ¥ Y, AUGUST 11, 1928. FINANCI AL STOCKS ARE FIRM: STEEL ISSUES Market Steadies After Initial| Activity in QOvernight ' i Abitibi Power(4 Abitidi Po pf(6) Adv Rumley. ... Adv Rumley pf. Ahumada Lead. Reduetn(2). ' Ajax Ru K ™ Agr 18% 19 Received by Indep O11(1). Indian R Indfan Ingersoll R(15). I intand S(k163). ) Inspiration Cop. InterboroRapTr Int Cement(4).. Int Com Eng Indian Mot pf(7) 109% 109% les. High, 6 26% 33 Low. ¢lose. to The Star Office. Onen US Rub Ist pf.. 60% U S Smelt ( U S Steel(7) U 8 Steel pf(7). Uni Leaf Tob(3) Ut P&L A )e Vanadium(t4).. Vick Chem(4).. Vietor Talk; ) Va-Car Ch pf(3) NEW YORK STOCK EXCHANGE Private Wire Direct .. BUSINESS GAIN -SEEN DURING WEEK Bank Clearances Show In- | crease Over Previous Week. ‘dnzen eggs, as & result of the candling of 12 cases. Strictly fresh eggs are re- | ported scarce and consumers are willing to pay high prices for them. | Butter prices have undergone very PRIGES HOLD FIRM ] an upward tendency. Meaf. prices also | Fruit and Vegetahle Receipts Large—Meats Steady. the week. The principal demand is for best cuts of beef, according to re- ports, and that is not brisk ’ Municipal fish market supplies of | marine products this week have been exceptionally heavy, most supplies com- ' fng from the North and Chesapeake | Bay shippers. Lobsters were . excep- | tionally searce and high and prices | have remained abouf. stationary during | application with the | subsidiary of GAS MAIN EXTENSION. BALTIMORE, August 11 (Special) The Consolidated Gas Electric Light & Power Co. of Baltimore, which con- trols the Washington, Baltimore & An- nopolis Electric Railroad, has filed an Public Serviee Commission to extend its gas mains from Linthicum Heights in Anne Arun- del County to Annapolis The extension would be 20 miles, and will be the longest single main in the State. The cost is expected to be sev- eral million doilars. The Consolidated already has control of the Chesapeake Bay Power Co. a the W. B. & A, whi Egg Losses Heavy. Vivaudou Co.. Declines Elsewhere. Vulean Detin... 3 2y 32 20 | i e Vulean Detin(A) 2 BY EDWARD €. STON | Wabash. .. > This week's bank clearings indicate | Waldorf(1g). Ward Baking that business in the Capital has been | v i ks | better than last week and also ahead | [Tom nearby and distant States. Deal- | yyng more fish from other places than | Warner Pl n 4 . tha 7 i | ers received such heavy consignments, | Warner-Qu2). - 41 of the corresponding week in 1627 Shtlecially or reathie; cantaloupest and lh:_y;a;:nb‘t’:r;fl;d and soft. have bren | CHICAGO DAIRY MABKET' Warren F&Pipe. 16 { weok ended August tomatoes. that they were scarcely able | o (R (e week, the hard crabs sell- | CHICAGO, August 11 (& —Butts W Penn EI pr(6) 101 4 9 amounted to | to clean up at the end of each day al- | PO 04 as"s3 a barrel, a low level | unchanged: recelpts, 12410 tubs, West Da 280 $25.811,000, com - % | thoush prices were 'way down. | tof The crustaceans for several years.| Eggs unchanged; receipts, 1098 West Maryland. 40 pared with a fotal ) | | Continued firm conditions of the but- | gory crabs sold as low as 25 cents a | cases. West Md 2d pf.. 40 {of $24.801,000 for jfer, cgg and meat markets were re-| joyen for the small ones to $1 for the| Poultry alive, very firm; West Untonis). 1di Lk ported this morning, prices having un- | 1500 A | cars; prices unchanged Westhse A B(2) 431 et 3, sadtane dergone very little changes during the | 8¢ ON€S Westinghse(4). 954 e { week. Pouitry prices were but little White crease of 6.1 per “/| | affected. Pish prices took a decided i drop about the middle of the week, White M cent over the same Willys-Ovi VIR & VERE 8 some varities selling at less than a cent 3 period a year ago. | 3 pound. Wilson & Co. ... Most of the other o B Woolworth(s).. 152 arge cities in the i oft Worthn Pump.. 0% country showed: tiful Wright Aero(2). 150 loss in clearings Yellow Truck... 31% 313 3 5 the previous Youngstn Sh( L Ithough the Lambert Co (16) Dividend 5 1 was ahead i > & Rub. are the annual ¢ c : ¢ lof the same time . p. Lehn & Fink(3). 50% 50 5 Guarterly ‘r hall: y B [ fwat. verr The Liq Carb(3.60). it of irading less, than 19 SPares | Richmond ciearings showed a decline o ; ; 1 6915 B0 ‘\-ni\‘nnh bt 3. ) llN‘\"w were not. quoted nt Mer A o, . Int Mer Mar pf.. 3% Int Nickel(: 9614 Inter Nick pf( 18y Int Paper(240) 1ot Paper pf( IntPap efs(2.40) [ tn Pap pf efs(7) In 1005) . Int § Johns-Manv ( ToRs s vvoe n Motor. .. Selling Orders. | Am Azrs Cb of Bk N pf It was suggested that the storm In | SCTVeS BAS % well as electricity in the Florida probably would interfere with | ATDAPOUS XeA. 0 oottimore the fishing industry. Local dealers are | By (8 S8 EON0eG 0t | Scenes of unusual activity in the BY GEORGE T. HUGHES, fruit and vegetable market this week s interested in the Florida ! R e resulted from receipts of products | 1% especialy inferestid (b e CILET | Annapolis gas power plant Iver D receipts v South. Albee Kennecott C(5). ney pfis)... er Radio.. (71.60).. 4 S pf(s) 1\, | Kroger Grotel). Laclede Gas(10) crabs became exceptionally running prices as low as 25 n for the smaller ones to $1 dozen f the Jargest of the crabs. 1 Hard erabs also became more plentiful and cheaper | | _Retailers were on hand early this { morning looking for ti4 first pick of ¢ | fommodities and also to get supplies | to their stores in time for the shop- | pers doing carly buying because of the | early closing of Government offices and | some of the larger store Motors Show Heaviness To Apartment House Owners The services of this Company are offered, with the advantages of fifty years of experience in property man- agement, with an adequate personnel. and facilities for prompt and efficient MeLachlen. + Partly extra, 1 Plus 4% i stock & Plus ) A5 & Myrs B stock. % Plus 1/25 in stock. | abe 000,000 over the previous week ma Locomive. nd also behind the same week a lar rate Y stock mhie | vear | able , . - able 1o stoc L0ew's(i) ... 5 & ble e Carned A | Loew’s pf(63s tock." f Plus_10% (0 _stock { Loft in ‘stock. h Partly stock (54 stock. k Plus 1/120 share auarterly in | Loose-W(L.6 Stock. m Payable 1/10 chare a in | Loriliara € United Cigar Stores commop stock. B Plus | Louistana 011 P11 in stoek LouisGasA (1 { Ludium Stl(2).. * | MeAndrews 2.60 * | MeCrory A2 L'} McKeespt Tin Pl ' | Mack Truck6). * | Mad Sq Gar | Magma Cop ago. 'was well ahead of the previ- k, but slightly behind the same 1927, Atlanta was behind the | week, but slightly ahead of oday’s Wholesate Prices. One-pound prints, 4715a : tub, 45'.a46',; store packed, Fresh, selected, 31a32; hen- 2233; current receipts, 28. alive—Turk 25; fowls, small, 23. Spring chickens, medium, 32a33; small, 30. roosters, 16; keats, week in previou 1927, Credit Losses Heavier Than Fire. Lister T. Watts of this city, national director of the National Assoctation of | | Credit Men, issuied a statement today showing_that the credit losses in the | 1ATBe. < United States throughout the year are LeEhOr A e R 30; Spring chickens, large, 40a42; me- gures taken from the fire under- |30: SP pota- | writers' records show that the fotal |§ium. 38240: small, 35a36: Leghorns, 35; : 25 capons yams barrel, es nationally by fire were $561.980 - 7581.25; beets, the 1026, which are the ; ducks, 20a ? a5.00. | 125t available. At the same time the 100, 3.00a5.000 | jiabilities 1n failures through bank- | 40" ki ruptey courts alone for the past fisca 124; lamb, 30: pork loins, 33a34; ar reached the total of $885.567.006 {resh hams, shoulders, 19° Not to exceed of smbked baoy Wkruptey total was s 19 Hacon 4 ximum percentage would show a | | Live stock.-Calves, to creditors totaling $661,167,- | 1ambs. 13a131; Butter 481 performances. Thos. J. Fisher & Co., Inc. Real Estate Brokers 738 Fifteenth St. NN'W. Baltimore Markets hie large, Md bushel 1.25a2.25 August 11 75a80; new sweet BALTIMORE, Potatoes, white, | potatoes, barrel toes, barrel 2.00a6.00, | 4.0025.00; beans, bushel 100, 2.00a3.00;, cabbage, carrots, 100, 3.00a4.00. Cucumby basket celery crate, 3.50a6.00; lettuce, ¢ 1.50a2 .50 pe crate, 5.00a6.00; peppers, cet, | b a35; onions, bushel the n basket, 25a40; tomatoes, net los 6 1.50; basket, 20a50. 755, the mmary points out 0 this, | Vegetable Prices Near Bottom. Apples, bushel, 2. however, must be added the loss and | Especially large displays of vegetables quart, 10a12 charge-off of compromise settlements, | have attracted attention of buyers this 30a85; crate, 100a1.50; huckleberries, | which in itself runs into millions each | week, most varieties having been re- | quart, 12a15; peaches, bushel, 75a1.50; | vear, plus all other losses by assignment | ceived in large quartities, their quality | watermelons, 100, 15.00a45.00. |and so-calied friendly liquidation and | giving evidence of ideal growing condi- the urn o0 5 o - | ¢ rice i Hay and Grain Prices. e oot e shounial omt | tions, and prices being about as cheap Wheat—No, 2 red Winter, domestic, | The combined total figures of all |cluded in the list were white and sweet | no quotations; No. 2 red Winter, gar- | losses entailed by the business of the | potatoes, tomatoes, sugar corn, string- | licky, domestic, August delivery, 1 tion in credits, says Mr. Watts, will | less beans, lima beans. , 8 September delivery, 1.26'2; spot. 1 reach the staggering figure of a bil- | cucumbers and eggplants. Bag lots of nearby, wharf lion dollars annually. | “Dealers have been recelving corn sales. . Mr. Watts asserted that at least half | from distant points the past several Cargoes on grade—No. 2 red Winter, | of this loss could be avoided by the | weeks, but its quality, it is stated, is garlicky, 124%; No. 3, 1213; No. 4, |proper organization of credit depart-|nothing to be compared with the corn | 1.18% No. 5, 1.15% ments to work out and investigate ac- | that is grown nearby and offered for | Corn—No. 2 yellow, counts before taking on the risks. |sale a few hours after being gathered No. 2 contract, expol | Sacks of five dozen ears of the nearby | corn_on cob, | | product were offered the past few days per_barrel The American Security & Trust Co p Lo | from 50 cents to $1. | Oats—No. 2 white, new, 64a65, nomi- | has one of the best vacation policies | Tomatoes, as fine specimens of the nal; No. 3, new, domestic, old, 52a53, | of any bank in the country. Any em- local dealers have ever | nominal ploye of the institution from the cha ndled, reached the market the past | Rye—Nearby, 1.10a1.20. man of the board do¥n to the fanitors | few days in largely increased quanti- Hay—12 tons and elevator men gets a month’s va ties, and the choicest stock was offered Straw—No. 1 wheat, 11.00212.00 per | tion with pay after he has been with |as jow as 50 cents a two-peck basket. | ton; No. 1 oat, 12.00a13.00. he bank 20 years. Those emplived |Culls brought much lower prices. | Daley Ieotinets. over 10 vears get three weeks' vacation | Dealers expect. prices will be stul lover | 36; small, 30a32; Leghorns {hat time are granted the usual two|in the m-mm:}' ,‘,,”J:éi“i,3{,‘ 3,?“11',(:;: hens, 19a28; poor and thin, weeks. Such a liberal policy has natu- | beans from nearby farms. Such beans | roosters, 14a17; ducks, 21a23; poor and | rally obtained a strong grip on the | have been in market most of the time | thin, 17a18; old, 15al8; pigeons, pair, bank's entire personnel and many are i 25: guinea fowl, each, 90a1.00. the words of appreciation heard, espe- ‘Eggs—Receipts, 521 cases: native and during the past vear, some coming from | Mexico, later cially among those longest with the o S e nearby _current receipts free cases, 20; | trust company. firsts, 31 from States between Texas and this Butter-Good to fancy creamery. Bank Prestdent Returns Home. city. Few home-grown limas appeared | ‘hg “I'N;k. Ir’arls receipts bringing $2.50 | . a bushel.' Low o 3 pound, 451:a48: prints, 48a30: block: Lanier P. McLachlen, president of the ' soon. by i “"“dpm": 47249; ladles, 35a38; store packed, 31a | McLachlen Banking Corp, is another 011 Well Supply. : . |32; process, 41a41%: | local banker who has had a month’s 011 Well 8 pt... | vacation and returned to his desk. He OppmCollins(£4) | spent his annual outing in Connecticut Otis E1ev(17)..s { on the cool shores of Long Island Sound Otis Steel. | about miles from New London. said that “bankers do not 5: small, 3 1.00a1.10. Meats, fresi killed-—Beef, 22a24: veal, 50065 tilities Advanee ate 13'2al4; Spring bushel, 1.00a British Emp Brockwy Mot( Brockway pf(7 Bkiyn I Bkiyn Ed 1.50; blackberr ataloupes, basket, APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent Suburbs of Montgomery and Prince Georges Counties, Md. Per 5&1“5 —lz- Cent 3 Years or Longer H.L.RUST COMPANY 1001 15% Street NW. Main 8100 Middl Midland pf(f1 Minn & St Louis MSLP&SSM 1i(4) Mo Kan & Tex.. Missouri Pacific Missouri Pac pf. | Montgmry W (15 Moon Motor Mother Lo(3 Motor Prod (2). Motor Whi Munsingwr(3) . Murray Corp. Nash Motrs(16) Nat Acme (sta). Nat selias Hess Natl Bisc(16%). Nat Cash R A(3) Nat Dairy(3). Nat Distillegs. .. Nat Enamel'& § Nat Pow&Lt(1) | Nat Ry Mex Nat Surety (1 Nevada C(1% N Y Air Br b . 4 N Y Central(8). Ch 12% 12NN ¥ Cent (1ts) Chi Mil & StP.. : 5 N Y C&StLi6). 11.—The stock ' Chi Mil & StP pt 5 g |NYCSILpfi6) nis week to shake | Chi & Nwn(4).. ¥ & Harlm(3) infiuence of tighten- &Pac(s). 3 L INYNH&HD) but without ap- 3 501 ¥ NH&H pf (7 N Y Ont&Westn N Y Stm pfA(7) Norf & Wn(110) North Pac (5).. | NorAm b10% sth Norwalk Tire... Sucyrus cv(2} Butte Cop & Butte & beets, carrois, - o No o e domestic, 1.20: no_quotations 75a6.00, nominal TIGHT MONEY HOLDS (it o Is Restricted During Week | Bank Has Fine Vacation Policy. pound, 5 ; old al8; old the general list d by frequent | City rates, which | Cliett-Peab(5). erd: and by | Coca-Cola(6)... ne money rates to the | Collins & Alkmn July, 1921. ‘Trad- | Col Fuel & Iron. t in volume, in- | Col Gas & El(5 absence of any extensive | ComInvTr(3.60) of speculative ac-|Com InTrpf 63 Pottering Paracelsus Stringless Beans Arrive. Stringless beans, home-grown, reached market this week in quantities suffi- ciently large to meet demands at $1.25 | and $1.75 a bushel. Beets were so plentiful that prices dropped to 3 and 5 cents a bunch; carrots, even more T WAS the aim of the alchemists who pre- ceded Paracelsus to transmute into gold the baser elements of the earth. But he pottered Commodity News Exchange_failure | Com In Tr pf(7) the week, but the | Com Solvents(8) largely in odd lots | Com Powr(13).. vely identified with any | Conde Nast(2).. Pacific Light (3) Pac O1f Stubs. Packard Mo(14). Pan-Amer Pet B Pan-Am Wn B.. Steel. CHICAGO, August 11.—Steel activity | in the Chicago district continues active | While it i live by golf alone,” yet Mr. McLachlen did improve his game considerably. But what is more remarkable, he ar- rived in the Capital at the height of the hot wave and actually declared that plentiful, selling at 3 cents a bunch, or $1.25 and $1.50 a bushel for cut-off | stock. Eggplants sold at about $2 a crate | around with other mixtures and concoctions. The strange liquids which were brewed in his retorts were the forerunners of modern medicines, but with prices firm. Sales are large and | mills are operating at a high rate. | Fish. | ¥ MONTEREY, Calif —The sardine | | Congoleum-Nair Consol Cgrs(7). 90 ConClgprpf (613} s o force & Te- | on i Leca), the past few days, peppers were 75 | cents and $1 a bushel and cucumbers | ad to be back." Public Service Company Reports. | sold at 50 and 75 cents for two-peck | | baskets. There are very few home- | The earnings statement of the Vir-| 133 784 9% 6% Parmt-Fm(j8).. | Park & Til (13). Park Utah(80c) Pathe Ex.. because of the little knowledge of the brewers they often proved fatal to the patients who took them. tes were generally re- growth of the 2 2315 70 Although | Gon s G 80l Gas(b).. scceeded in TedUCing | GonsoiGas pees) n account by nearly | Congol Textile. n loans for | Container A 1.20 €orpora- | Container B 60c. ed the | Cone Baking A.. $14.000.000. | Cone Baking ocks centered largely t;n; ‘nr;.hvB': t. motor and m§|’1 Cont Can pt(7). bidding for the | Cony fusur(). . based on Tumors | cony Mont (80c) new “talking DICtures.” | Corn pro(133 ). A leading the advance | Cr,chie st 1 rise to new high | &upa 1443 100 3 24% Cuban Am §(1). Cudahy Pkg(4). Curtiss Aero(1), 50% | Davison 501 Davison r " 188% 18815 18815 130 130 130 b4 b4% 54l & Rubber Co., Buffalo, crease of 97 per cent er the same mi cent higher than Sales for the half n in Del & Hud(9). th | Del L & W(17) Den RG Wn pf.. Devoe&R C1A 13 484 484 4Ry Dodge Bros A. . 18% 18% Dodge Bros pf 7. 924 g 0 2 | Dome Mines(1). A National | Drug Inc(4). 5% 96% Pathe Ex(A) Putino M(2.9 Penick & Ford Penn Dix Cm Penn R R ( Phila & RC& L. Phil Morris(1).. Phillips-Jon(3). PhillipsPet(1%) Pierce-Arrow. .. Pierce Oll...... Plerce Petrolm. . Plllsbury (1.60). Pillsbry pf(6%) Pitts Coal...... PortoR1coTobB. {Postum (3)..... 100% | Produ & Refinrs, Pub Serv NJ(2). Pub Serv pf(6). Pullman Co(4)., | Pure Ol (50c) | Purity Bak(3) | Radio Corp. Reading Ry(4).. | Rets (1) & Co! Kemingtn-Rand Reo Mot(t | Rep 1 & S(4) 261 325 shortly. 1 | | with $1.4 fishing season’ has opened here with | prospects of a large catch. The boats | brought in_about 465 tons of fish the | first day. The fleet will be augmented | Tobacco. | ATLANTA --The better grades of Georgia bright leaf tobacco will be of- | fered at the auctions next week, and | prices, which have been unsatisfactor. are expected to advance. Automobile Accessor] | CLEVELAND —The automobile ac- cessory plants here report a continua- | tion of heavy business and the com- | (panies making parts for airplanes are increasing pay rolls steadily. . [ BUSINESS FAILURES. | NEW YORK, August 11 (#)-A sharp rise in_commercial failures in the United States the last week 1s reported | by R. G. Dun & Co., 470, the week before and 393 a year ago. | the three months against 424 | ginia Public Service Co. and its sub- sidiaries for the second quarter of the current_year, received by Washington stockholders, shows gross operating | revenues of $1471,807, as compared 013 for the corresponding | Net income, after charges for taxes, interest and provi- sion for retirements, was $195.317 in nded June 30, 1928, as against $108.925 in the like period of the previous year For the 12 months ended June 30, the statement shows gross oper- [ ng revenues of $5.844.502, against| $5.481,308 in the preceding 12 months. | Net, income, after charges for taxes interest and provision for retirements, | aggregated $643,056 in the 12 months to June 30, 1928, compared with $302,044 | in the previous year | period of 1 Money Stringency Held Unlikely. | Pointing out that the bank reserves of the country are sufficlent to preven any money panic or permanent strin- | gency of funds for regular business, | Robert ~ Garrett & Sons, _bankers, | in a discussion of the financial situa- |and recetved in ]rown peas to be had, dealers delrend-' ing upon growers in the West and New York. Moderate supplies of lettuce and light supplies of onions were reported. Moderate supplies of potatoes are be- ing received from the Eastern Shore of Virginia and Eastern Shore of Mary- land. They sold at $2 and $2.25 most of the week. Sweet potatoes, mostly from Georgia and North Carolina, have been selling at $6 and $7, ordinary stock selling as low as $2. Heavy Fruit Receipts. Recelpt of large quantities of black- berries from the vicinity of Hammond- ton, N. J, the past few days was an interesting feature of the week's fruit market. The berries, of good quality splendid _condition, brought $6 a crate the middle of the there not been other fruits to be had. The price dropped about $2 on the crate before this morning’s opening. Continued liberal supplies of peaches | | kept the market fairly glutted with the popular fruit, Georgia and North Caro- | lina_growers have been supplying the | Lack of knowledge means uncertainty, danger=. as surely in investing your money as in taking unfamiliar medicines. For this reason, you should invest your money in the First Mortgages issued by Swartzell, Rheem and Hensey Company, be- cause you know that for over fifty-nine years they have been safe—and during that time have cured the investment ills of thousands of investors. ‘These notes pay interest at 6% now, and ar available in as small amounts as $100. e Swartzell, Rhkeem & Hensey Co., plentiful supplies of | NMortgage Bankers | T2T15th. Street, W, WashingtonDC. 59 Years Without Loss to An Investor 180 Reynolds Spngs. 150 Ad% 434 43% BR1G BBl BRI Auto Lid). 78 5 79 Powdlt() ] B4 c Stor Bat(5) 7% Horn pf.... 14 zineers Pub n convpf(5) it Bldg 180 | tion, declare that activities of the Fed- | puf, B0 R0 e Way down, and the | eral’ Reserve Board have been aimed | [t o three Ghot honearawn sttt Hidrs of | chiefly at stock gambling | appeared. Dealers this morning offered Bep'is | As soon as the situation 15 adjusted | ipe homegrown peaches as low as $1.25 {1t is reasonable to suppose. say the |, “hyghel basket. The largest and | bankers, that the Reserve system will | & oioaitor the shipped-in peaches the relax its pressure and become an equally | padi“fow “days bronght $1.75 important factor in helping to restore, " yomegrown cantaloupes and large | ? | normal money rates and easy accommo- | spioments of the fruit from the Eastern | | dation for all legitimate business needs. | Shove of Maryland and Eastetn Shore | . ot Gl | of Virginia have followed the extra Financlal District Gleantngs. | L,/ "oceipis {rom the Ridgeway sec- _June automotive exports totaled $45.- | on of North Carolina, Orates of the | 851,775, against $30.640,140 in June n | 1O8 S GG roduct, contain a greater | 0 | year ago, and §21,860.537 in June, 1926, | ;,mber of cantaloupes than those from | Department of Commerce reports e Statss, acecrding to repacts of | i Exports of leather manufactured | qealors, and bring slightly higher | 5 | goods during first £ix months were val- | hrices Municipal Fish Market dealers | | ued at $8,893.724 and imports at $11,- | 5ve " recelving shipments of the fruit . Dopartment of ~ Commerce | . » Nor . FEDERAL LAND BANK BONDS. s Durike ouTnGaing SeTia I | TO W Northern Nec ; of Virginia, Special Dispatch to The Star 11027, exports were $9,572,274, and \m-" Melon Market Steady. | NEW YORK, August 11 | ports 88,709,035, Dealers the past few days reported 4s May 1998-38 At times during the past week New | roceipts of moderate sugplies of water- 4 Nov 10837 York Stock Exchange quotations came | pejons from Georgia, North Carolina | dlan Jan "1087-41 into Washington offices over the bond | ynq South Carolina, no melons having | S0 T 1o8e anis a9 | tape. 'This method, used to keep up|yey heen received from Virginia. Re- 3155 M 19 Bats 100 | with a lively market, has not been |coipts met a moderate demand that ;o8 jan, AR 14 BlasmaTy since the wild days of last | continued the market steady. Prices J 100 1004 | Jun anged from 20 to 50 cents jo0ts 1001r | The New York Stock Exchange has “UUikht supplies of huckleberries from 1o0a; foi1) | ruled that transactions in.certificates | North Carolina and Virginia have been ifis 101 | for Dodge Brothers, Inc. preference | eoived, and merchants have received {00s 1011 | and common shares, class A, may be | airly Jarge quantities of apples, some 2! ® | settled by delivery of elther the cer- | ot iha sooking variety, very large, sell- » | tifieates of deposit or certifiontes of fng at §1 and 135 & bushel i | GERMAN BONDS AND STOCKS. | stock of the Chrysler Corporation, tnto [ " N AL ANE B® & i given & hint Bpecial Dispatch to The Star | e e e e ooyt | bY dealers that now is the time to start NEW YORK, August 11 wikocal savings bank offielals xeport | their canning and preserving, especially Ger Gt Red 1 e snvings account e K, ik Mo [ of peaches and tomatoes, believing late er GU Red Loan with dinw s accounts. e Tece \« at ; ctfs att per 100 R M also Indicated the same thrift interest “'l‘.'"”("l"" ;;".“,"hh By Rat be a0 | aer Govt 'Ted Lonn srevailing here plentiful and cheap | L d Egg dealers have had their troubles i during the long period of torrid Electrical Equipment Demand. | weather endeavoring to supply patrons oot b fresh products of the hennery. Many NEW YORK, August 11 (4 —De-| gismal failures are reported and dealers | mand for heavy equipment in the elec- | (o]l of heavy losses resulting from the trical industry the past week was well | hoat One patron questioned the cor- above the average, considering the sea- | vactness of a reported price of 39 ce [ son of year, with orders from the utl- | for current receipts. probably knowing ities predominating, Ele al World | hothing of the losses he might experis | | reports. Sales to industrials were i | ance oo | Tl volume, originating Iargely with | “"A"denter quoting such a price verified 1100 | steel mills, chemical plants and the pa- [ the printed report and made an offer pergan Jhon a0 | per industry of a delivery for 28 cents, which, he sald, was as much and possibly more | ReynldsTobB (5) 3 DIVIDENDS. | Richfield O11(2) . 6 Pe ? | Royal D(a3 5 Company Rate. riod & F Pow. . 30 tJos Lead(13). ¢ @ Sth & Sank'(1¥). 2 2 \1{ ',:v’m» 3 SUL&SK Zd pd(6) California Pet | StL&Southwest, Case J ) T M Q hulte (R3%).. - Do pf Seab Afr Line Cleve ~Stone 31% | Sears Roe(1 Col Inv Bhares G M & N 6% pld 50% | Shattuck K . Inter Bec of Am A 5% | Shell Un(1.40).. shubert The 1 Do B Do 6% pf 1 $1.630 on 1 immons C ! Simms Pete. . 9 Do 6iut ol Do 7 B' $1.15 Sep Metro-Gi Pie pt 47 Sep 10 Phoenix Hos b 31 Bep Sinclalr O1l Shippers C 1L pf 1 Aug .V‘ Iy 01l (% Q Sen Snider Packg C 50 Por Rie 8(12) outh Por pf(8), Unon_Mills Sep 1 Aug South Calif Kd.. Do pt b Dairies A. South Dalries B, uth PPac(6). .. South Ry (8) ..., $pang Chalfnt. . Htd Com Tob(3). td Milling (5).. 2%, SWONNI(T15) . StdOHNY(1.60). 5td Plate G StdSanPro(1.68) 867 MRy 00, ey ! A7 rt-War(6) o tudebiker(5). . 71 Superior Of). ... 8 Bweets of Amer., 14 1 445 8% Pay able ot 1 oct 1 oct Nov ‘i act 1 Ot 18 1 1 Qct Sep Aug 13 J Oct Sep 1 1210 Sep 1 3150 Sep 6% | 98 b2 $1.50 85c bl 63% 204 26% 3% 164 610 1 A HUNDRED CENTS ON THE DOLLAR Whatever your investment in our 6% FIRST MORTGAGES —it is at all times worth the full amount invested. Con- sider the reasonably high in- terest yield these mortgages command and you will find it easy to understand why so many of our first-time in- vestors become reinvestors at the first opportunity. Available in Amounts of $250 and Upward F. SAUL CO. 925 15th St. N.W. ort (164% ). Snub A, ner Motor.. 10 u Asphait. . Gen Cable...... Gen Cable A(4) Gen Cigars(4).. 60 Jlee(t5). .. 14 (he) Bid Askes 050, D8Th AL 06t 9815 081} oaly 09 607 Land Land Land Land Land Land Land Land | Land Land Land Bank Bank Bank Bank Rank Bank Bank Bank Bank Bank Bank 149% 147 1% 114 B4l haly 69 6 188 182 4 J. 10530p33 | Land Bank 4% Jan. 19840p34 Land Bank 4% ‘fuly 198dp34 Land Bank os 'Nov. 19410p3 i Bank 5s May 1941 Qver a Third of a Century Without e Loss Bid. Asked Tenn Copper(1). Texas Corpn (3). If Sul(s 55.00 60.00 without 40.00 mark 5.00 Goodrich(4) 200 Goudyear Tire millio; Der marks) ars per thousnn Ger Gen Elec 4)q5 pre-war 200 Ger Gen Elect 4125 1019 .28 Berlin 45 pre-wer 400 Hamburk 3 & ds precw n Hamburg American Line 4':5. 3000 North German Lioyd 418 30 00 Krupp 8 1921 138 Dusseldort 45 pre-wai 100 Prankfort w-A 45 pre-wir 100 Munich 4s pre-wa 100 Quated in dotlars per sha AE G Ger Ge Blec) 4300 A F G (Ger Ge Fled) pld B 000 Commers and Privar Hank an 00 18% 124% 1 T 25 00 1.00 00 | | | | 300 | | | 1 ranscont Oil, Trico Prod(21a) 9% Udwa K1 #c4). . 68 Un BagkVaper, . a7 Unlon Carb(6).. 1 160% Union Puc(10). ULd Biseult 1.60 UtdCErSLCEle) Ut Fruit(1h%4) o U8 Distributing H9 U 5 Aleohol(h) USIndAlcopt(7) Nor O(1 Gulf Bat B. Main 2100 . 641 He Cory 1 19% 49 Hershey pfid).. w Ta% 1 o b Co A ’ 0% hold(14),. ) 0 ton O 13% 140 ) ound(4). he A% 9 Man(2) . 7 2 Leather A Hudson Mot (s 9 Henlty (4) .. Hupp Mot (£2),. U B Jiubber, oo s Disconto Ciel aft 57 00 50 00 | . 1di 113 Rerliner Handels 125,60 13500 | s than the eggs were worth. So-called 1200 1200 Rreacnar _Bank 0o W0 N. Y. BANK CLEARINGS. current receipt eggs, the dealer ex- a4 Daimstaedter T R me | NEW YORK, August 11 (Rpecisbec plained, are eggs that have not been eyden Ohem 1109 1300 | Nev o1 ank clearings. 37, | candled and are subject to heavy losses. [HERE "UTE Ry Q 0 0% forcur Bank Vieni 180 i New York bank balances . 1020000001 Only one day this week. he explained. THERE TITUTE FOR SAFETY oMt Lot e M0 '100 N. Y. Fed. Res. balances.. 81,000,000 he experienced & loss of one case, 30 bl bn bba DEM AESL X T T . o A < 7