Evening Star Newspaper, January 9, 1929, Page 12

’ 12 ® CURB SPECIALTIES FIGURE IN ADVANCE Market Displays Strong Re-!s sistance to Selling—Util- ities Strong. BY WILLIAM F. HEFFERNAN, Bpectal Dispatch to The Star. NEW YORK, January 9.—Although features on the Curb Exchange today kere less numerous, the market as a Khole displayed better resistance to sell- g pressure than it did yesterday. A umber of outstanding specialties moved forward into new high ground. Other high-priced specialties which held the prospect of recapitalization benefiting share owners included Libby- Owens Sheet & Glass, which moved up- ward ten points to 200; Safety Car Heat & Light, nine points higher at 186, and Metal & Thermit, up 25 points to 175, all of which established new lODPSub"’: utility holding companies hav- Ing prospects of continued expansion of pperations were among the favorites. lectric Bond & Share Securities gained almost seven points, and United Gas & Improvement at 168 was up 4 points, while Associated Gas & Electric gained like amount. Others which stood out :tmnzly included Empire Power, which reached a new peak around 55, and American Super Power “A,” up more than four points. The new National Bellas Hess com- mon to be issued under the plan for fecapitalization recently announced, reached a new top above 71. The min- Ing division held no noteworthy feature Rithough a better demand appeared for Newmont, Noranda, Roan Antelope and Golden Centre. The oils gave a good account of themselves with Prairie Pipe Line and Standard of Indiana promi- ent. . Among issues which made their ap- rance for the first time were Van amp Packing Co., new preferred and mmon. They attracted little interest, ::)wevel’, sales occurred in the latter nt 29%2. . CAN-MAKING TRADE IN HEALTHY STATE Good Demand in Coming Year Indicated, Conway States. BY CARLE C. CONWAY, President Continental Can Co. Conditions in the can-making indus- '"FINANCIAL. day, prices up to noon s INDUSTRIALS. n hundreds. 35 Acoustie _Prod .. 1Alles & Pishe; ale: 13 Cons Auto Mer vtc... Film .. 8 Curtiss Aero EXp 13 Curtis Flvinz Serv 12De For R.C. .. 1 Doehler Die ¢ C ak Gen Bak pfd . Elec Bd re Fireprig n. 13 Gen T and R 13 Gold Seal Elec 18 Goldman _Sachs. 1 P T C r A & pfd. 2 Hahn_Dept Strs Inc. 53 138 Han D 8 @8 cvt pid 110 try are in a very healthy statc and the outlook for 1929 is distinctly encourag- ing. These conclusions are based on several factors, one of the most im- portant of which is that the 1928 pack of the three chief vegetable crops’ (to- imatoes, corn and peas), of about 43,000,- 000 cases, will be considerably below the average annual pack of 46,250,000 cases for the past five years and will also be Jess than the present estimated annual consumption of these staples of more ! 44,000,000 cases. m wmtln.sure a minimum carry-over next year, indicating that there will be good de- ‘mand in the coming year for cans to be wused in packing these products. T believe that the potential market for canned goods is practically unlimited. 1t every person in this country ate just one more can of food a month it would mean something like 60,000,000 addi- tional cases a year, or an increase of over one-third of the present produc- packing food products. I expect that the de- ‘mand for canned foods will steadily in- crease, as it has in recent years, with the increasing appreciation by the pub- llic of the uniformly good quality and jconvi of canned foods. * " In this connection laboratory work is being conducted by the National Can- ners Association to constantly improve ‘the quality of canned foods. Most up- to-date canners are now preparing and their products under conditions more sanitary and scientific than are available to the average housewife in P oneral ity of th e general prosperity of the coun- an increased demand for ad- wvertised brands of packaged goods have ‘materially contributed to the growth in the general line department of the can companies’ business. The tendency of ithe public to turn to the advertised brands, the adaptability of the tin con- tainer to advertising and its convenience in packaging commodities of all kinds indicate a constantly increasing futurz demand for this type of container. The object of the Continental Can Co. in absorbing a number of other can-making concerns situated strategi- :cally throughout the country, including comj for producing can-making ' mac! ry, was that the company might .give better service to its customers in all sections of the country. IMPROVEMENT NOTED IN CREDIT CONDITIONS Commercial credit has been under sound control in 1928, according to Stephen I. Miller, executive manager, National Association of Credit Men. Failures have shown the tendency, marked in 1927, toward an increase in number, but a decrease in total liabilities. “Fraudulent bankruptcy is taking a heavy toll, but the outlook points to a sharp decrease,” says Mr. Miller. “The campaign of business against dishonest failures has discouraged amateur crooks and has convicted a large number of professional credit crooks. Many more will be removed from the field in 1929. Collections have been generally satis- factory in 1928, with a few soft spots caused by unfavorable local conditions. ‘The new year can scarcely fail to bene: fit by continuance of the fight being ‘waged against credit evils such as the abuse of the cash discount privilege, sale of terms instead of goods, and by the organized efforts of big buyers to take away from manufacturers and ‘wholesalers the dictation of sales terms. P ';Insx.a!lmenv. selling continues in huge volume.” ADVANCE PREDICTED IN PACKING FIELD By the Associated Press. CHICAGO, January 9.—“The past year was fairly satisfactory for the meat evncklnz industry,” declares W. . ‘oods, president of Institute of Amer- ican Meat Packers. runs of hogs in the first quarter and in October and November, live stock re- ceipts were moderate and demand was fairly steady. Live stock prices, except in the case of hogs during the months of heavy receipts, were at relatively high levels. “A decline in hog values that began in September, following a substantial increase in hog arrivals at central mar- kets, disturbed inventory values and re- sulted in somewhat smaller profits for the year than might otherwise have been realized,’ New York Produce Exchange. NEW YORE, January 9 (Special) .- Sales on thé Produce Exchange se- curities market up to noon today totaled 4,242 shares, with 19 issues traded im. ‘Scattered interest was noted in Allied Power, National Aviation, Splitdorf Bethlehem and Union Cigar A gentleman is a man who would 3 Helena Rubenstein wi 24% 18] Hiram Walk G & W. 87% 2Horn A C. 7 Karstadt R. § Kesstone Afrcraft .. 1Michigan Steel 3 Mo 5 Mohawk Hud Pow. 2 Mond Nickel rets. 4% 4 Bros. . 1% % § Seteaten Tndus Inc,. .19% 1992 5 Selected_Ind Inc pfd 100 =~ 100 18entry Safety Control 13% 13% 5 T3 9 Truax Traer Coal ... 6 Trunz Pork Stores.. 4 Tulip Cup Corp . 1Uni Carbon pfd . 10 Uni Elec bond ris “Except_for heavy | gaies ad M 20 First Nat Copper 33 Golden Center M . 6 Hecla Min ... 7 Unity Gold . 3 Wenden Cop Salesin INDEPENDENT STOCKS, hundreds. 7 13 Am’ Con_Oilfids 31 Am Maracaib keep on living just as he does now if he had no neighbors, says the San Francisco Chronicle, = e 186, 5"1’4 121% High. Low. Noon. 1615 16 ' 18 * 1013 101% 101% e Y 90 03 2 85 78 3 1 e T 14 34 28" 28 28 35" 24% 24 1 9! y 517 53 34 24 LI 1 g 20 . 0 ' 8 80 3 39 39 4 14 14 30 9" o T 39 175 9% s “16% o 55 30 ; 0% 73" 73 3 387% % 3" 22 9 50 50 2 17: 1 12 e 082 200 263 e 1 350_° 350 50 50 50 60! t 1 1 5 95 98 98 P | i 71 & 71 1% 1% 1% 28" 24% e I 3% 5% 19% 0 15% 15 € 81% 28% 9 s T 30 42% 29 33 2415 ol THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, JANUARY 9, 1929." FINANCIAL. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office NEW YORK, January 9.—Following is a list of stocks and bonds traded in on the New York Curb Market to- with the volume of sales and 7 Columbia Synd 23 Greole bete - Land 1 Transc Oil pfd... 1 Venezuelan 27y ol n Sales in STANDA] 1 ES ARD FOR- units. MER SUBSIDIARIES-STOCKS. 1 Anzlo Am Oil.. 15:. 1 300 A A O non vtc. 151 700 Chesebr'gh &M’f{t Sales in thousands. Abbott Dairies 6s.... P & P 5s A.. 87 P as 2Cons_Gas Balt_5s ! s A : o F 10 3Contl G & E 5 9 5. 4 Firest Cot Mil 12Fla P & L 58 5Gen Ravon 7Gen Vend 91 Pow 55 .... 95% Corp Am 55 A 99" 4 Kendall 5'2s ... . 971:1 rd Rad 6s . 0 Milwaukee Gas 4 2 N ‘ent Pow ¥ Ban Anton P S 5s B. 962 Schuite R Est 6s X.. 9 W 5las 81% 962 9 931; 931 97 i g vestern Pow 5128 A 1Wheel Stl 4!2s B.... Sales in FOREIGN BONDS. thousands. 1 Agri Mor Ba 7s '47.. 98 Berlin C E 6%s 29 96, 9 111% 111% 882 8812 s A.. 115% 115% AlT18% 18% wi—When issued. —New. Fw—With warrants. Baltimore Market Special Dispatch to The Star. BALTIMORE, Md., January 9.—Po- tatoes, white, 100 pounds, 1.10a140. Sweet potatoes, barrel, 1.50a2.75; bus el, 75a1.75. Yams, barrel, 1.50a3.25. Beets, 100, 4.00a6.00. Beans, bushel, 3.00a7.00. Broccoli, bushel, 2.25a2.85. Brussels sprouts, quart, 20a25. Cab- bage, hampers, 2.25a2.75. Carrots, 100, 4.0026.00. Celery, crate, 1.5083.50. Caulifiower, crate, 1.50a2.00. Egg plants, crate, 6.00a9.00. Kale, bushel, 65a75. Lettuce, hampers, 1.50a2.25. Onions, 100 pounds, 1.50a4.25. Oyster- lants, 100, 6.00a10.00. Parsnips, gasket' 50a75. Peas, bushel, 3.00a4.00. Peppers, crate, 5.00a8.00. Spinach, 1.00a1.25. ‘Tomatoes, crate, Turnips, baskets, 50a75. Savoy cab- bage, bushel, 75a1.25. Apples, bushel, 75a2.00. Cranberries, box, ,3.25a5.25. Grapefruit, box, 2.00a3.50. = Oranges, box, 2.5024.50. Tangerines, per half strap, 1.75a4.25. Strawberries, quart, 50055, Dairy Market. Poultry—Alive, young turkeys, pound, 32a35; old, 28a30; crooked breasts, 25 Spring chickens, 32a38; small and poor, 20; old hens, 20a32; Leghorns, 20a28; capons, 34a40; old roosters, 17al8; ducks, 20a30; geese, 20a26; guinea fowls, each, 40a80; pigeons, pair, 30. Dressed _poultry — Turkeys, young, pound, 32a36; old toms, 28a30; poor and crooked breasts, 25; chickens, young, 30a35; old and mixed, 25a30; capons, 34a43; old roosters, 18a20; ducks, 25a 30; geese, 23a30. Eggs—Receipts, 1,503 cases; native and nearby firsts, free cases, 37; current receipts, 32a35. Butter—Good to fancy creamery, pound, 47a51%; prints, 51!2a53%; blocks, 50%,a52%,; ladles, 38a40; store packed, 30; process butter, 43a44. Hay and Grain Prices. ‘Wheat—No. 2 red Winter, garlicky, spot, 1.26; January delivery, 1.26. Corn—No. 2 export, January delivery, 9 No. 2 yellow, 1.01; cob corn, 4.85 24.9 POWER COMPANIES | PLANCUTINRATE Efficiency Programs Being Tried Out at Electric Plants. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, January 9.—Steps are being taken today to make the men employed by the public utility corpora- tions as efficient as the machines which the companies operate. It is anticipated that as a result of recent changes efficiency in the ranks of the New Edison Co. will be increased at least 25 per cent. The company is just completing what is probably one of the most up-to-date power plants ever constructed. Its president, Mathew S. Sloan, has promised consumers the largest rate of reduction ever made by a public utility if the submetering con- Special Dispatch to The Star. 3 NEW YORK, January 9.—The de- cision of the United States Circuit Court of Appeals favoring the conten- tion of the holders of Wabash Railway class “A" preferred stock that they are entitled to dividends earned, but not paid before any distribution can be made on shares junior to the preferred “A,” complicates the dividend outlook for certain other railroad common stocks, whose position is similar to that of the Wabash. One of these is Erie Railroad com- mon, ahead of which are two_ issues of preferred, first and second. Dividends have not been paid on these stocks since 1907, yet between 1923 and 1928 earnings on the first preferred ranged from twice to five times the amount re- quired to cover its payments, and on the second preferred they ran as high as 51 per cent in 1926. Both of these divi- dends are non-cumulative. So far as the Erie common stockholder is con- cerned, the principle involved in the ‘Wabash decision applied to him. Somewhat the same contentions as have been made by the Wabash Rail- road “A” shareholders were the basis of a suit initiated by owners of South- ern Rzgflway 5 per cent preferred stock 9! cerns are eliminated as middlemen from |y, the electric business of New York. Results Expected. ‘The company also is shaking out the ashes and clinkers which clog the grates of efficiency in its operating and office and executive forces. This trend, ap- parent throughout the electric light and power field, cannot but yield results both to consumers and to stockholders—to the one in the form of better service and possible readjustment of rates and to the other in wider margins of profit. Scores of electric power central and substations are being retired for age and put Into the reserve this year. Thelr owners find it more profitable to sell these stations or leave them idle and buy current from those who produce in large quantities on an up-to-date and economical basis than to run the aging plants. The old stations are far from useless, however. They can be called on in time of necessity. ‘The day has passed when any public Oatsé&No. 2 white, domestic, spot, | & utility can afford to fail its customers, even for the brief space of ‘a few min- utes. It is claimed by insurance men that one street or alley electric light peforms much the same function of protection as four or five policemen. It is not always possible to install big, economically operated central power stations near large citles. It is not usually possible to put them near the coal mines. Even the steam operated units must have a tremendous flow of water for condensation purposes, and plants must be placed where such flows are available. To a greater extent than ever before, the producers of electric current will not only display but sell and service household equipment this year. In a speech today to the Electrical League, President Sloan of New York Edison officially announced the beginning of merchandising of electrical appliances by his company. Aim of Firm. “Our ideal,” he said, “is to manage the affairs of our companies so eco- remically and efficiently and to sell our service so _extensively that we can from time to tfme lower our rates, sharing with the public the advantages which our handling of the‘\.siness brings to the companies. “The consolidation of electrical utili- ties into a system of necessity brings about many changes. Our companies are being unified, branch by branch and department by department, in their operation. One of the changes brought about will be of direct interest. We intend in the future to sell electrical appliances. We shall not cut prices or do anything to place any contractor or dealer under unfair competition. “The more current-using devices sold—by whoever makes the sales—the more electricity will be used and the more value the public will get out of electrical service. 1 CHICAGO LIVE STOCK MARKE CHICAGO, January 9 (A (United States Department of Agriculture).— Hogs—Receipts, 28,000 head; market slow; mostly steady; largely a 9.00a 9.15 market for 150-300 pounds; top, 925, paid for a load of around 210 pounds; butchers, medium to choice, 250-300 ' pounds, 8.75a9.15; 200-250 pounds, 8.85a9.25; 160-200 pounds, 8.85 29.20; 130-160 pounds, 8.40a9.15; pack- ing sows, 7.75a8.40; pigs, medium to choice, 90-130 pounds. 7.50a8.75. Cattle—Receipts, 11,000 head; calves, 2,500 head; yearlings and better grade light steers strong to 25 higher; weighty steers steady to 25 lower; in-between grade medium-weights and weighty kinds showing most slowness; Ccows again very draggy; top yearlings, 16.75. Slaughter _classes—Steers, good and choice, 1,300-1,500 pounds, 13.25a16.50; 1,100-1,300 pounds, 13,25a16.50; 950~ 1,100 pounds, 13.50a17.00; common and medium, 850 pounds up, 9.25a13.75. Fed yearlings—Good and choice, 850 pounds down, 11.50a14.00; common and me- dium, 8.25a11.50. Cows—Good and choice, 8.25a11.00; comnion and me- dium, 6.50a8.25; low cutter and cutter, 550, Bulls—Good and choice (beef), 9,50a11.75; cutter to medium, 7.75a 9.90. Vealers (milk fed)—Good and choice, 14.50a17.00; medium, 12.50a 14.50; cull and common, 8.00a12.50. Stocker and feeder steers—Good and choice (all weights), 10.75a12.00; com- mon and medium, 8.75a10.75. Sheep—Receipts, 20,000 head; mar- ket not established in early indications, 25a50 or more lower; bidding 16.50 down for choice lambs; asking upwrad to 17.00; lambs, good and choice, 92 pounds down, 15.75a17.00; medium, 14,00215.75; cull and common, 10.00a 14.00; ewes, medium to choice, 150 pounds, down, 7.50a10.25; cull and common, 3.50a8.00; feeder lambs, good and choice, 13.75a15.15. Employment on Upgrade. Employment in 1928 was heavier than ever before. Wages showed small changes and these upward, but most important was the increase in working hours made possible for wage earners. Nearly everybody had money to spend as a result and they spent it. Retail sales went to a new high and are be- lieved to have approximated $45,000, 000,000, of which the farmers accounted for almost $11,000,000,000. SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & o) L, Ter. Allis-Chalmers Co. 5s 193’ 100%s olfll mer. Tel, & Tel. Co. 45 Balto & Ohio 41as 1933. . 9 Batavian Pet. Corp. 4'2s 1942, BeloTel of anadi 5 So38 ‘alifornia Pet. Corp. 5% Cinodian Nat. Swy. 4128 13 571,a58; No. 3 white, domestic, spot, Sk 564561, Rye—Nearby, 1.10a1.20. Hay—Receipts, none. While hay is arriving here in limited quantities only, it is ‘more than ample for the demand, which is being supplied mostly by truck from nearby points, few carloads being received. There is not enough business passing to establish prices on the va- rious kinds on merit at a range of 16.00 al18.50 per ton of timothy or clover hay. Straw—No. 1 wheat, 11.00a12.00 per | Swif: ton; No. 1 oat, 12.00213.00 per ton. BEST MAIL ORDER YEAR. CHICAGO, January 1 (#).—“The year just finished has, from a merchan- dising_standpoint, been the most suc- cessful and best all-around year for the mail order industry since this business was started in 1872,” asserts George B. | g, Evgett, president of Montgomery Ward 0. “Naturally, this sales performance, along with plans for future expansion, “|causes me to look forward to 1929 with a great deal of enthusiasm and with considerable confidence as to the " oquomq" Sinclair Crude Ol 5%s 1938 Southern Pac. R. R. 4s 1920 . Standard Ol N. Jersey 55 1946. 8t. Bo. Ry. ds 1929 se E. & Wheelihg Steel Corp. 5145 1045. FOREIGN EXCHANGE. (Quotations furnished by W_B. Hibbs & Co.) Nominal gold Selling checks value (or yar). ay. London, 2 .$4.8685 fra 1 Prague, Warsaw. Copenhize Oslo. crown. . Stockholm, crown, At that time they brought an action to recover $29,000,000 in back dividends which represented accumulations on their holdings since July 1, 1895. The argument was that they had not re- ceived these back dividends, although holders of the common stock were at that time sharing in the profits. A year ago the Supreme Court of Appeals of Virginia VERDICT ON WABASH STOCK AFFECTS OTHER RAILROADS decided that the Southern R.lllwl{ pre- ferred shareholders were not entitled to any excess earnings above the 5 per cent rate. Their stock is non-cumula- tive. As a concession to them, however, they were permitted to subscribe to the last issue of $10,000,000 common stock on the same basis as holders of the common. Nearly all of the older railroad pre- ferred stocks are non-cumulative. This limits the holder of them to a fixed re- turn as in the case of mortgage bonds. Prominent among the preferred stocks in this class are those of the Atchison, Baltimore & Ohio, Erie, Colorado South- ern, Kansas City Southern, Chicago & Northwestern, Norfolk & Western, Reading, _St. Louls _ Southwestern, Southern Railway and Union Pacific. In the reorganization period of the railroads following the war, the effort was made to give better protection to the preferred shareholders—who fre- quently gave up bonds for stocks—as has been done with most industrial preferred issues. So the new railroad shares were put on a cumulative basis. The most conspicuous example, and the one where the new idea has worked un- favorably to the railroad. is Missouri- Pacific, whose 5 per cent cumulative preferred, issued in 1917, has just be- gun to pay dividends after an accumu- lation of back dividends amounting to 50 per cent. The new St. Louis & San Francisco 6 per cent, however, is non- cumulative. “That of the New York, New Haven & Hartford, authorized two years ago, is entitled to 7 per cent before dtlvj?(ends may be paid on the common stock. . COTTON IS STEADY IN EARLY TRADING Some Selling Develops in Re- sponse to Disappointing Cables. By the Assoclated Press. NEW YORK, January 9.—The cotton market opened steady.at an advance of 4 points to a decline of 5 points. Near months were relatively steady on cov- ering, but there was little selling of late deliveries promoted by disappoint- ing cables. and the active months work- ed about 7 to 10 points net lower, with trading continuing quiet up to the end of the first half hour. The South was credited with selling a little cotton. Here and there was a little selling, sup- posed to be for Liverpool account. Pri- vate cables reported that trade calling had absorbed hedging and some Bom- bay selling in the Liverpool market and that there was further buying of cotton cloths by India and China, with an im- proved demand from the continent. Transport Business Increases. Every possible means of transporta- tion and communication was pressed into service in 1928 to help business. Rallroad car loadings were heavy, with larger parcels post and first-class mail movements than in any previous year. Bus routing exceeded 270,000 miles, with trucks operating on even more extended schedules. The waterways carried more freight than in any but the war years. —_—— Men of the Dominican Republic are adopting the American necktie. CORN PRICES REACH HIGH SEASON LEVEL Wheat, Oats and Provisions Are Also Firmer ‘in' Early Trading. By the Assoclated Press. CHICAGO, January 9.—Corn prices jumped today to the highest level which deferred deliveries have reached yet this season. Lively buying on the part of commission houses resulted from unfavorable weather curtailing the movement of the corn crop. Opening 1 and Y4 to 1> higher, corn afterwards scored a sharp further advance. Wheat, oats and provisions were also firmer, with wheat starting Y5 and % to 12 up, and subsequently holding near to the initial range. Advices from various sections, Iowa and Kansas in particular, telling of moist conditions which have made many roads impassable and in numer- ous cases put a complete stop to haul- ing, did much today to increase de- mand here for corn future deliveries. Consequent advances, in which the mar- ket surpassed the season's top previous quotations, were accompanied by word that other cities were outbidding Chi- cago for rural supplies. Wheat values derived firmness at times today from estimates that new ; export business in North American wheat amounted to 1,500,000 bushels. There were also reports current that damage to the domestic Winter wheat crop had been done by recent freeze- ups, especially in Missouri. and in the northwestern section of Kansas. ‘The Government of Chile may build a modern hotel at Antofagasta. JOHN JOY EDSON, President Organized 1879 Assets...................$5,513,051.63 the posits. cumulating money. M e Equitable Co-operative Building Ass’'n Subscription for the 96th Issue of Stock Being Received Start the New Year by Saving Systematically in the Equitable Resolve now to start an account wi Equitable and make regular de- You'll find the Equitable’s sys- tematic plan of tremendous help in ac- Are you one of the thousands of thrifty folks using our plan? Come in and let us explain. 915 F St. N.W. WALTER S. PRATT, Jr., Secretary 49th YEAR COMPLETED Surplus & Profits. . ......$1,601,704,98 h APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY . - Located in the District of Columbia and adjacent suburbs in Montgomery and Prince Georges Counties, Md. 5'2% INTEREST Apply to H. L. RUST COMPANY LOAN CORRESPONDENT The PRUDENTIAL INSURANCE COMPANY OF AMERICA 1001 15th St. N.W. INVESTORS Address. ““On this date we definite date? Or are you merely wishing and hoping? Those willing to invest part of their earnings each month under a definite plan of systematic investing— can obtain an unconditional guarantee of $1,500 to $10,000 or more. For an unconditional guarantee of $1,500 you invest $9.45 monthly for 120 months. Larger monthly investments grow proportionately. Mail Coupon for Booklet NT-10 giving further facts, also our financial statement showing resources of over $25,000,000. Established 1894 Barr Bldg., Washington Telephone Franklin 1879 "ll have $5,000” AVE you the satisfaction of knowing that you will receive the sum of $5,000— or a larger amount—at some SYNDICATE POTATO MARKET STEADY. CHICAGO, January 9 (# (United States Department of Agriculture). — Potatoes—Receipts, 45 cars; on track, 174 cars; total United States shipments, 619 cars; trading fair; market steady; isconsin sacked round whites, 90a 1.05; Minnesota and North Dakota sacked, round whites, 85a95; Idaho sacked russets, 1.50a1.65; few 1.75. NEW YORK BANK CLEARINGS. NEW YORK, January 9 (Special).— New York bank c|esrzgs, u‘.’:u.m)m.- 000; New York bank balances, $170,~ 000,000; New York Federal Reserve credit balances, $145,000,000. Money to Loan Secured by first deed of trust on real estate. Pre g Interest and c | Joseph 1. Weller £33 ¥ First Mortgage : and Construction Loan | Applications Invited at 5Y2% Glover & Flather 1508 H St. N.W. Main 1753 First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. G 5 SHOP Hala SEIBE ALL: LEHMAN’S T 12th & K N.W. 7 Real Estate Financing Second Trust Notes purchased at reasonable discounts, secured on District of Columbia and nearby Maryland property. We Solicit Your Application National Mortgage & Investment Corporation 1004 Vermont Ave. N.W. Main 5833 [ J P Adelightful platinum bracelet made with onyz links and set with 208 pure white full cut diamonds. In the center is a large and magnificent square cut diamond of unusual beauty. MEN. 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