Evening Star Newspaper, January 28, 1929, Page 11

FIN i " First Mortgage Loans ; Lowest Rates of Inferest and Commission f'l'l'lul J. Fisher & Company, Inc. Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutusl Benefit Life Ins. Co, 1520 K Street Main 475 Money Available for FIRST DEED OF TRUST LOANS On Completed Properties and for Construction Use Reasonable Interest and Commission Rates JAMES F. SHEA lJ I.c-idau Ave. NW. Let us have your applications ‘LOANS ON REAL "~ ESTATE Immediate Action Courteous Treatment Our record of years speaks for itself. Percy H. Russell Co. 1731 K St. N.W. 35 " We Buy and Sell il'.ibert'y Bonds | Treasury Notes. Etc. Bond Department The Washington Loan and Trust Comipany 900 F Street 620 17th Street % nununu‘!m Stoch Bonds . Grain Cotton Write or eall for weekly market letter No6ditpations BUCK AND COMPANY Evans Bldg. 1420 New York Ave. Franklin _73“ New York Stock Exchanre Baltimere Stock Exchanse Cinelanat! Stoek Exchanse Chicabe Béard of Trade WOODWARD BUILDING Telephone Main 8500 Private Wires to Al Important Points " REAL ESTATE | NOTES Secured by First Trusts Conservative Appraisals -.Chosen Locations % Interest x REALTORS- 809 15th Street NW. Main 9486 S Your Family A Home Not 2 Mortgage Our Mortgage Plan Is a Most Economical Plan of Home Purchase 3% Jos. W, Brooks & Co. Insurance 212:213 Trausportation Bldg. Franklin 2913 Martgage Correspondent Sun Tife Infutance Oo, of Americs | coupon | for all of the anthracite coal com ANCIAL. RAIL BONDS GAIN IN MIXED MARKET |Lower Priced Issues Influ- enced by Decision in Central Case. i BY CHARLES F. SPEARE. | 8pscinl Dispsteh to The Star. I | | 1 NEW YORK, January 28—A new the advance in the issues of some of the small railroad lines, whose ‘posi- tions has actually or sentimentally been imerce Commission in the New York Central case. Of these the most conspicuous were the Fonda, Johnston and Gloversville 4138, and the Ulster and Delaware 5s. Cloted a8 30, ey opened. today at ¢l a 3 'y apéne al 41 and later showed a net advance for gain of 14 points. ‘The decision also strengthened the position of the Minneapolis and St. Louis and Iowa Central bonds, which were active last week. They rose 1 to 2 points. Des Moines and Fort Dodges 4s were up 2 points. The fact that only a limited number of such bonds have a listed market probably prevented a demonstration in this group. In contrast with the rapid advances in these decidedly inferior bonds was the heaviness in high grade issues, and especially in the new 41; per cent rail- road mortgages created last year. Some during the Summer of 1928. This was one of the comparisons that made the price of the ipeake & Ohio 41,8, which were brought out today, look high to prospective purchasers, These are also above the market for such bonds as St. Paul 4';s and at about a pnmv with Great Northern 41 * The convertible issues gave account of themaelves, especially the International Telephone “zl Wwhich advanced 1l2 points to & new high price, and the flrem 78, whose gain was nearly 5 points. Industrial Mortgage issues have been 'showing & heavy trend, with renewed liquidation in several of the ' high Sugar issues, a “thin” market fl)’ bonds, particularly those of the Lel and in the issues of paper and m-cm ' col tions. . ri:;undlnl‘ lol French internal onnn Wi & 4'; per cent coupon 'signified the 'improvement in, 2?,, | French credit condition and suggests an explanation of the strength recently in French dolhr bonds‘ The 78 were at & new m&h the, year todey and the 'Il,n 12 points over Baturday's . CHICAGO DAIRY MARKET. unchanj creame: extra higher: recei) firsts, 41a4112; firsts, ry. firsts, 32a36. e—8teady; receip's, 5 lowh. 27%a28; Springs, 31; roou.eu 22; ‘turkéys, 25; ducks, 30; geese, 23. Washington Stock Exohange n Security & 'K?uxt Co.—10 at ool 1umm°' i Sand & & Gravel ra o, 0 et oele L Al & Merehints' Transier & Storage pfd.—10 ,Mergenlflgler Tinot; 5 at 104%, 10 at 1041510 at. 0 at 104, 10 at 104, 25 at 104, m AN National Mtge. & Inv. ptd.—140-at 8%. ‘AFTER CALL. .- c Electric 5148 pfd—~20 at 10815, 10 lt I“h 5 at 108'%, 10 at 108 Che ‘hesapeake & Potomac Tel. .'ns—s;/’ 000 ' at 100, » Cons. 1,000 - at 102, 84,000 at 102, i £ Washington Rwy. & Elec. P1d.—30 at Columbia &nd & Grlvel 1d. —7 at 94, Washington Gas 6s “B". t 108, Potomac Eleetric 6% pfd.—8 M. 1121, Lanston Monotype—10 at 1211;, Mergenthaler Linotype—10 at 104%. Bid and Asked Prices. BONDS. PU'II.IC UTTLITY. Amer. Tel. Amer. Tel K ' Am. Tel, Anacostia & Pof Ana & g . L s tr. R.R. g Con Wardman Amer. Tel! & Telga Ghoial Tru'&on b lee T 'NATIONAL BANK. , TRUST OOMPANIES: émmun Securlty & Trust Co.: Washineton Lokn & Frist. SAVINGS BANK. it érm t Md. 0. of o ‘Cons. Title pid.. ..t MKICILLANIOU!, Barber & Ross, Inc. com Chevy Chase Dajry ofd.. Ghestnut iry com. Tms lrydp'd ravel ot Natl [ old B;,C Baper Mte. bfd. st 8 Fed deral-A nston, lerch. Trans. Merch. Trans. & v L & glns. PIg eoples tores pfd ey Storage . 4 ot s’ Corp Hail prd g ins. com. & Lothrop pid. .. *Ex dividend. flmun pfd. feature in the bond market today was |4 nnpnve% by Saturday's decision of the | Ba of these are now lower than they were | CHICAGO January 28 f’)—numr ~“HumbleO.& R 5% ’i'HE'-‘ EVENING STAR. WASHINGTON "UNITEQ STATES. (Aniee are h 8a Lib4th 4%s US3%s43, i 2 FOREIGN. “Sales. mn: Low. 2 91k 9% Argentine 63 Ju 53, 9.100% 100 Argentine May ‘$1. <9 100i 100 Argentine 63 Uct 59 14 1001 100% Argentine §14s ‘62, 961y Argent, A 100% 100% 87 95% 95t 102% 98 98% 100% 1085 106 108% lflfl‘m Australia Australia the day of nearly 20 points. Ulster & B0 Delaware 58, closing at 63 on’Saturday, opened at 70 today and later had a net | g Bremen State 7s. Canada bs 1931, 1014 100% 1041 100 Chinese Gov Ry bs. Colombla 6s Jan'é1 Con Pow Japan 7s. . Copenha, ‘Copenhagen As ct. . Czecho 851951, Caecho 8s 1952 981 110% 110 10874 1098 894 “104% 103 1085 110 1834 99 0% fiita 100'% 108 114 93 107% 98% 108 100 102 1004 285 Duteh East Dutch East Ei Saitvador Fint 7s war "46. Fiat 7s ¥ war 46.. Finland 51gs. Finland s f 68 103% 2 114 164 57 8915 90 C 9w 100t 1085 118 2 93 107% 3 981y 103 1004 2 102% 100% 954 Haiti 60,000 Holland-Amer 6s. Hungary T%s Irish Free State Italy 78,0000 {talian Pub 8 7s, 94'a Marseilje §s. Mexico 48 04 asntd, 12 Maexico 4810 asnt.. 10 Milan 6%4s8., Montevideo 7s. Netherlands 6s 54. . Netherlands 21'3 108 100 “98% 1014 102 1026 1034% 9% 998 102 . 98 " 88y mat 15214 824 Norway 6148 1952, Orlent Dev deb 6 Pa; 108% ‘97 100 NN e s oe 8% 106% *103% 109% RhineWst EP Rhln.wn EP Rie Gr DO llll Rome 8348 Sao Paulo'ds 1 Sao Paulo 1950 Saxon (PW) Seine 74 42 Serbs Cr Slav 75 Serbs Crot Sto 8s.., smnyauu %4852, 1065 1067 Y8 1965 79% My Nl 99 & 1045 102% 1027 110% 0% . 3T 1184 1034 9o, 87% 9 - e 9, e LIS e Utd Kingm Utd Kingm 6348 l'. Utd SteamCopen s Vienna 6s 52 98 T 98% 95 Romchm 1p) Beth Steel Mn &3 Bethlehem Steel ¢ Skiyn Bdisen bs. Bklyn Union 6% E Certaln-TdS % srcts ‘Chile copur'l 1085 1034 106 104% 10445 104% 400 396 80% 80 95% 95 115%.114 99% 99% 2% 125 105% 1084 3 103:3 103l5 8 8. Con Gas N Consumers Pow 58 Cuba Cane 8s. Dery (DG) 75 72 Detroit Kdison 8s. . . 72 1074 107% 1044 104 100% 100% 9. 931 ue 14 99 99 1031 103 107t 107 934 928, East Cuba Bug 7%s Visk Rubber 8s. Gen Cable 8% Gen Mot Ag Cor 8s. Goodrich 6%4..... Goodyear 58 rets. .. Inland Stl 4%s 78, Intl Cement b8 48. it] Matoh Ba 47 Int Mer Marine Int Paper 63 47.... :mo_; l"; lr; n‘“ nt Tel&Telog 4168, 42 Int TelkTel 4348 widdl Kayser J.& Co 5%, 41 Kan City P& L 58, " 2 Laclede G 5348 52 B4 LiggetAMyerasas]. Liggett & Myers 7a Loew's Inc 6s,..... 12 i3 2% 92% 102 102 9% 954 5 9l 934 117% 118 132 181 10874 104% 119 995" dS" 118% 99Y 86 88" 8% 10814 703% 100: ° ~80% 99% " 993 1025 1024 100% 100% Bly. o ManatiS: Midvale St o Mont Pow.bs 48, .0 Mont Power deb 58, Mor'sfCo 1t $i4a e % SR ER SR D 1063 1004 106% 110 101% - Nor Ohio Tr & L 6! Nor States Pow 5: Nor States Pow 65. Pacifie Gas & El 5. PaeTATHso2,.., Paramount §s 19477 Pathe Exchange 7s. 101% 100% 108 i 108 101% Lo 824 14100 3 8 8715 105%° 1002 1002 1004 50 9728 9728 9728 9730 9730 9730 611012 11012 11012 Close. 911 100% 100 100% 96! 100% 1008 4 87 954 950 1024 98 984, 100% 106% 108% mm 101% 1000 1041 1004 93 93t 31 8914 994 88% 96% 1105 110 1097 110 R9% 1041 103% 1084 111 184 99 90 a7l 1004 1081 110 93 107% 9844 108 100 102% 100% 95 22 108 1004 96 1014 102% 102% 108% 96% 997 104 96, 19 102% 152% 8214 8T% 98Y% 106 108% | 108% | 10'% 106% 107 981 107 9% 9ds 9% 99 104% 1025 102% 110% N 4 118% 1084 99% 87% 9% 108 98 9514 100% 1004 3 1010 lfl&!fllk 112% 111%°11 My - ; 100 99% 102 1004 ll [ 5% 81 W 1147 106% 100% 106% 110 101% 101% 1014 100 83 PwplllG . PhllnCal Twi Plerce Oll aeb § Por Rie Am Tob Postal Tel & C 5 Public Servic Punta Alegre RemingtenAr Rem Rnd b%s w: Sinclair O11 Sinclair O1! Sinclair.0il Sin Pipe Line 1South B I ) Stand Ol N J SugarEstOriente7: Tenn Copper 6841, TennElecPow 68 47 ‘Transcont! Of1 United Drug 58 53 U S Rub 1st rf 5 US Rub 7%s. U B Steels 5 Utah Pow & Lit b8 Utilities Powr 5% 8 71 Vertientes Sug 7s,. White Eagle O 5% Wiison & Co 18t 8s. WinRepeatAr 1135, Yngstn S&T ss wi. At&SF cvt 4s05. ... Atlantie C L 1st 4s. AtlantisC Lcl 4s.. &0 Gold ¢s. & 00V 4% B &Oref 58 B&OPLEWY 4 B & O Toledo 45 Bang & Aroos 1 Boston & Maine 5a Braway&7th A bi Brooklyn Elec 648, Brooklyn Elev 6148 Bkiyn Mannat s. .. Buff R & Pitt 4%s. Can Nat 4% 8 47..., Canad North 6%4s.. Canad North 7s.... Canad Pac deb 4s. Cent Pac 1st 53 90, Chesa Corp 6s wi., Ches & Ocv 44 Chas & O gn: 4348, CB&Q4%s77B,, ChiB & Q 1st rf 5s, CB&QHI3Y%s..., Chi&E 111 gn bs 99% 99% | Ch8ItPM&O 58 '30 ChiStPM&O 6530, 21% 2% | ChiStPM&D 5 sta. 89% B9% |Chi& NW gen 4s.., Chi NW 4348 2037.. Chi & NW 7s. » 106% 105% | Chi Rys 5s..... 1015 101% |CR 1 Pac 4%s w i CRMTH&SEDSs., Chi T H inc 6s 80. CCC & StLrf 68 A, Colo & Sou 4348 Cuba R R b8, Cuba RR 681 SubaRR7 | Cuba Nor 5 Del & Hud 5%, Del & Hud s 30 Den & Rio U cn 48 Den&RioG 4148 38, D Rio G Westbs. .. DRG & Wat s '8 Das M & FtDds... Det United 4%, Eie conv 48 A, Eirie conv 43 B, Erie Gen 4s. ... Kriecvt 55 67 wi... Erie convy ext 7s. Kla East C5s 74 Gr Trunk stdb 6s. Grand Trunk is.... Grt Northn 43¢5 K. Great North 5. . Great Nor gen 7s. Hud & Man aj Hud & Man ref s 111 Cent ref 4s. . 11 Cent Chi 4148 Int & G Nor 1 Int&GiNar ad, IntRysC A Int RyCA8%s u‘t‘ Towa Cent rf 4s lowa Cent 1st Kan City F't llalu 1L5% Knnuu. ty 844106 Kan City Term 4a.. Lake 8ho Lenigh Val o O-I n4s, .. x 100'/. 100%- 10034 Lom:nvu con 44 % | .ong 4 | Louls&Nash unl 4 Minn & StL ref 4s Minn & StL on b 107% 11 100% RAILROAD. 5 92% 4 9l 1 89% [ s BONDS o s ueuumwnnmums-on- Low. . Close. 10474 9% 92% 107 4 102 94 1085 4 1110 1 Minn&StL fd 5s 62, Nassau Bl ds81..., NatRyofMex 45 11. N Y ContLS cl 3%s. INYC & StLdeb 4s.., NY C&StL 4%aC.. NYCRI&BIL b14sA. NYChl&StL § %8s B, NY Sus&Wn gen &3 New Haven 48 55 NYNH&H N Y Rys 68 A 65 Nor & 8 gen 5s 54, Norfolk.& W on 4s. Northern Pacific 4 ‘Northern Pac 53 Nortnern Pac r Ore Short L rts 48, Pennsyl gen 4% Penna RR 4%8’6 Pennsyl gen bs.... Pennsyl 58 64 Pa Ohio & Det 44 Peoria & B inc 4 Pere Marg 1st Port RL& Port R L P 68 47 Port RL&P 7%8 6. RIArk& L dks, St L IM&S 48 29 StL IM&S gn 8831, StL&SFpl4sA StL&ASFre%sTs StL&SF prinés StLS W ist4s, St L8 Woon 4s SUL & Sown 58 '52.. San A & Arn P 4s. Seaboard AL 4s s 101471014 | Seab A L ref 4 104% 1044 104% 'Sou Pae alt ¢a Sou Pacifie ref ¢ Sou Pac tiasrets., N Y State Ry {348, a | NYStateRy 6148 62. c—-'&:&;mnua_.fi-u e a=fex~N0 w8rum—SaSumuRr 2 834 9Tl 96 D. €. MONDAY, Common Industrials. Show Advance of 2 Per Cent. Trading Heavy. Special Dispatch to The Star. NEW HAVEN, Conn., January 28.— | Common industrials listed on the New | York Exchange rose 2 per-cent in price last week. The index of 1829 netted & 3-point rise over the previous week. Stores ‘alone of -the stocks groups showed a decline. Coppers and miscellaneous metals; led by 8t. Josephs, Calumet and Hecla, advanced to 263.6 from 251.6. United States Steel and Inland drove steels to 159.0 from 150.4. Lesser gains were evidenced by motors, accessories: and ofls. Stores were drawn down to 217.0 from 2185, largely by National Bellas Hess and City Stores. The price index for the week’s luderl gained 4 per cent. Rises were brought on in spite of ® contraction ‘In Federal Reserve credit outstanding, money rates, nevertheless; holding steady. The compact survey of New York Stock Exchange movements of common industrial shares is given below in price indexes (1926 = 100) for aH shares out- standing and for the week's 50 most active stocks. The last column of the table gives the rate of return on the week's 50 leaders at current prices.’ aders Rowrn 733.8 700.5 6960 93.0 > RIoCeR 223R3828 TSt o ORo s RO an s W08 R azas! EEET F L e s s sttt ui3e) ¥ adsh 832 SR 3 S i nooansosnawa [ < 5 Low (26-29) .. 4 " (Abr'3e) (Apr' Semi-Speculative Tssues. indicated some partiality to semi- speculative issues with a 2.2 T over the previous week's level. First grades or investment issués rose | to 186.1 from 183.0. Chile Cogzel’ and National Cash Register led the’ semi- speculative issues to 168.4 from 164.8, | while speculative issues Tose to 181.8 from 179.1. Last week's distribution of emphasis was accompanied by an ample flota- tion of new stock issues, accompanying the growth in brokers’ loans. Below are shown index numbers for prices of. three ;oupa of stocks traded on the New York Stock Exchange, graded in accordance with their season- ing, dividend history, credit strength and size. First Second Third grade. ~rade grade (invest- (inter- (specu- ment). mediate). lative). 1861 1684 3.0 8 (1926 =100 Week ended - anuary 25 i 18 5522522 25 B s i D Lo s Bt v 55 {aor 28} (Apr.5 m_ny‘fq= Trading Reaches New Heights. STOCK PRCE VOB VEGETAB CANSDURNG WEEK, uargu Rateof | Prices of graded industrials last week | 28e! r cent | 138 VECETABLE SUPPLY SPLENTRUL ERE Dealers Report Trading Quiet at D. C. Market This - Morning. Snow on the roadway. and tropical fruits and vegetables covering: sidewalks In front of commission houses on B street was the interesting scene pre- sented during the -early morning hours: Buyers were: not out in large numbers during the early hours, Monday morning trading seldom being heavy. Vegetable displays included almost every vegetable that is found here at any time during the year, the list in- cluding tomatoes, potatoes, onions, let- tuce, string beans, peas, eggplants, en- dive, kale, spinach and several varieties of green vegetables from the South. Fruits, chiefly fram California and Florida, included oranges, pears, [upc- fruit, papaya, honeydew, strawberries and tangerines. Dealers also had. ba- nanas, pineapples and cranl A continued fitm condition of , the butter and egg market was reptmed prices of meats, poultry and other com- modities being about the same as prices quoted Saturday. Last night's light snow did not inter- fere with the movements of trucks haul- ing commodities here from 'Marylant and Virginia. Very few trucks appeated here this morning, however, ‘most of the early week haulers seldom coming be- fore Tuesday. Today's theule Prices—Jobbers’ . Prices Slightly Higher. Butter—One-pound prints, 49a50; tub, | 48a49; store packed, 30a35. Poultry, alive—Turkeys, uns cglckom 33-8 28; old 30. 40a45; Spring chickens, 38a Leghorns, 30a32: fowls, 30a32; ca- ‘pons large, 4524 mb, 30; pork loifis, 20; fresh 21a22; fresh shoulders, 16; smoked _hams, 25: smoked _shoulders, 1 b-;:gfn 22; lard, in tins, 13; in pack- ges, ’Live stock—Calves, 1612a17: Game—Rabbits, 30a35. Fruit and Vegetable Review. The dally market report on fruits and | vegetablés (furnished by the Market News Service Bureau of. Agricultural Economics) -says: Apples—Supplies moderate; demand light, market steady; barrels, no sales reported; boxes, Washington, - medium to large “sizes, extra fancy Staymans, 2.50a2.65; Deliclous, 3.25a3.50; bushel baskets, ‘Virginia, U. 8. No. -1, inches up, Staymans, 1.85a1.85; inches up, 1.7522.0 U. 8. No. Grimes, 2! Inches up, 1.85a1.40. Cabbage—Supplies liberal; = demand 11 t, market slightly weaker; Florida, | 1}3-bushel hampers, pointed type, best mostly 2.00; fair quality, lml.ll llm 1.50a1.75, mostly 1.75. | Celery—Supplies moderate; demand | moderate, market steady; California, crates, fair quality and condition, 5.00a 5.50; few best, 6.00; Florida, 10-inch crates, 4-6 dozen, mostly 3.50. X Lettuce—Western, supplies moderate; demand llght market steady; Arizons, crates, Jceberg 45 dozen, fair quality and condit! 3,00.3 50; Cali- fornia, Imperial V: crates, Iceberg type, 4-5 dozen, 40014 25; ‘Southern, supplies llght demand light, .market | 115-bushel . . best mostly 1.50i lambs, The lvan!e daily value of tradings in common industrial stocks on the New York Stock Exchange n-chefl $330,- 700, ooo showing an 1 nt rise over the previous week. e erage datly value of tradings In all stocks rose to $389,000,000 from $288,000,000, ‘showing A 33 per cent gain. Olls, stores, puhu u'.flmes ils and preferred show ins ranging from looo 000 to u 000 000 in daily tradings, 8t. Joseph's Lead, Anaconda and Chile were large factors in a doubling of trads ings In copj Psn Steels rose 87 per cen with large increases in the turnover . | U. 8. 8teel, Bethlehem | loy. QGeneral Motors, Na: baker helped to force motors up to an average daily turnover of $41,700,000, . ‘Two groups fell off, auto acceuom by $3,300,000, with & heavy decrease in U. 8. Rubber activity. Foods dropped to $12,400,000 from $14,400,000. Ameri- can Sugar and .Pilisbury Flour were much less active. Last week's actlvity represented a fairly complete return of the wmarket.to the higher volume of dealings frequent until & few weeks (Copyright, 1920, by Trvirie Pisher.) - BALTIMORE TRADE GAINS Special Dispatch to The Star, BALTIMORA, Janyary . 28.—Trade authorities in the Baltimore district. are well satisfied with the progress industry has made the first month of .1929. Nearly all of the leading lines show improvement compared with the cor- responding period of 1928, More than ordinary importance is at- tached to the fact that factories have increased their activities earlier this year than in the past after the holiday shutdown. As a matter of fact, some plants in and around Baltimore omitted the usual January shutdown for over- hauling and others curtailed the perhfl for that purpose. * Advance orders indicate that plants % | Wil be fully employed during the entire nm uarter. As a matter of fact, some “have sold their output for the pmnd and are’ accepting additional busineéss subject to delivery. A few plants have sufficient orders on hand for later delivery to ke€p them in full operation for the first half of the sec- ond quarter. Orders Locomotives. NEW YORK, January 28 (#).—The Illinois Central Railroad has ordered 17 locomotives ‘and the Missouri Picific 28 from the Lima Locomotive Works,-Inc. Lima, Ohio. TREASURY osxrchm (Ireported B’J & W. Seligman & Bg: & 3‘ H ! 29 Ln‘Mrlt\i if Sales. High. Low. a7 Close, .- aTh B'lh 108 Hl 122 384 Sou Ry gen 4s Sou Ry Con s Sou Ry 61 56 Sou Ry 64s Term Asso 8T, 4s.. Tex & Pac5aB 1077 6 ‘Third Ave adiga... 7N Tol Tr L&P b 0 Union Pac Union P Unton Pacifie Union Pac ¢ % Virginia Ry Whash ¢% Wabash 1 Wabash 5%; Wen Maryl ern Md m ern Pacifie Shore 43 236 Wheel & L Ecn s, 144 RECORDED DURING MONTH | 1013, ! igh: | g £ r. Mt & umon mhm 5 ¢ llo-pflund ncks. yellows. No.'1, 5.25a5.50. Potatoes—Supplies liberal; moderate, market steady; Pennsylvan: ia, | 150-pound sacks, round whites, United States, No. 1, 2.25: New York, 150- und:. sacks, - round wmm, United tates, ‘No. 1,'2.3542.40. - Spinach—S8upplies modsnte démand light, market about steady; ‘Texas, bushel baskets, ‘Savoy type, 90al.18, mostly around 1.00: poorer Iowas, 15. ‘Tomatoes—Supplies light; demand llaht. mlrket ltndy. Plorkh. 68, ripés Wrapps fancy oount, !WIS so ( T to ardnlry qum& an ;andmon wsdg range in prices, 1.5 String beans—Supplies ligh n~m.. mlrkar. sll(h b -bu-hel hampezs, d lfhlly wuker Florida, ptpe;ocnm. ancy, 5.0085.50; _ few es! plant—Supplies very“ light; de- mnlxfl moderate, market dull;,. Florida, P:”" crates, llncy. 6.00a6.50; few ney high as 7. Squash — suppllel llxht demand | light, market steady. Florida, gxepper crates, fancy white, wrapped, Cucumh-u—aupmm very, ught too few sales reported to quote. |® !tnwberrle-—-s:zpplm moderate; . de~ mand llgm -market slightly ker. Florida, 32-quart crates, various varie- ties, mostly ?round 35: r quart. Flor- ida, pony refrigerators, uo per quart; 20a22'5> per nint. cnunflown—auppnen Uberal; demnd moderate, market steady. California, pony crates, 1.50a2.00. Carrots—Supplies Jight; demand mod- erate, market steady. Texas, bushel | baskets, bunched, 2.50. Beets—8upplies light; demand light, market steady. Texas, Western Iettuce crates, bunched, 3.2583.50; bushel bas: kets, 2.60a2.75. Florida, pepper f-l’llel. few sales, 3.00a3.25. ) Oranges—Supplies modera light, mlrket steady. Florida, boxes, No. 1, large size, 4.00a4 l.! medium size, 3.0083. mall sige, 2.5 0, ur-pelrult—au mand light, mari boxes, No. 1, medi few fancy, 4.00a4.2! lies mnderlu. size, 3.5083.7 No, 2, 2.75a3.25. . ——— ‘ FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal gold Sgliine ehecks orpary. _todas, Londcn, pound. Paris, franc. .. lrl’uull. Delss.. e Stockholm, crown SHORT-TERM SECURITIES. (Reported by J. & W. Seligmian & Co.) STIEESEE ! G per e i b fi'y 4‘«. lfig .E . Rwy. ¢8 h fiu 33532352825 S S 5 Power ‘hands of the Morgan group seéking donfinate 'the electric fields” along, !ht'"‘""“ fyroaces. Atlantic Coast. The' scope of Zimmerman's power | Bgainst 231420 tons in_the correspond- extends into the Southern ‘field. where | ing 1928 period. power ‘systems have been worked out | to include the Broad River Co, serv- .ing_Columba, demand | ZIMMERMAN,M N UTILITYS] QCK DEAL |, ™ smm Dispatch to The Star. BALTIMORE, January 28. Zimmerfdan. * eHa the Philadelphia Electrie Co. is seen in_finanélal circles here as the power behind the fight to get'a large of Consolidated Gas, Eleetric Ll‘hl &' Co. of Public senlce 180 m! Westtea, ‘heeli; & i 3 We make first mortga, ness property in ‘th Maryland and Virginia. -RANDALL H. HAGNER & COMPAN 1508 H: Street New York FINANCIAD.. . TIONED okhers nave often talked mulus given to the merg- Imz movemmf is the Pennsylvania Rail- s 2! ogram. . It -isjre- —John s‘ e .Jm raiiroads will board ol' SN | cheme, ; ahout 8 1 nndm\-npennmmn e of the ‘volame of power. Iron O;e_ Shipments. s the! NEW -¥ORK, January 28 P —Tron ‘to | ore shipmernts from Lake Erie docks to block Baltimore stock in the first - three week{ of January totaled 280,722 tons, NEW YORK BANK CLEARINGS. NEW YORK, Jantary 29 (#).—New | York bank clearings, $606,000,000; New 8. C. and the Florida Co., which extends over | Bncked it’ 15 said, by the J. P. Mor- York bank balances, $130,000,000; New gan group. Zimmerman is regarded as the real director of the York Federal Reserve credit bal: hole hook-up ' $114.000,000. Long Term Real Estate Loans ‘or 6% (Which Includee Commission) - Eliminate the Cmit":nnd' ‘Un- . certainty of Frequent Renewnls nd Busi- and nearby on Homes, Apartm ict of Columbi s IN 1321 Connecticut: Avenue. Decatur 3600 Mortgage Loan Correspondent, New York Life Insurance Company. Comp_lete Investment Brokerage Service - Copy of }«r 'F;nmm, Review” . furmished om request ‘M.°P. MURPHY & CO. Membsrs 61 New York Stock Exchange Connecticut at K WASHINGTON, D.C. Telephone Main 9600 . Richmond Private Wira and Teleohone to New Tork 'O MATTER how large your requirement, you : will always find available here the funds to-cover : your First Mortgage needs on tmpmvnd Real Estate. Our service is promipe, conscientious, and - thorough. The interest rate is § 13 %. Ir'the case of mortgages of léss than 590.000 'you' retain the pnvukp of paying off the loan: in vhole or part-on" any interest date, * First. Mortgage Loans on H-«. Apsrtments end Business B-fll)-n. in h. €. end weathy’ owhurhs in an"nl . LRust st Company 1001‘15' Street. N VM For Your Peace of Mind Tune in on yoar favorite station. Get your favorite orchestra; then sit back in your easy chair, light your pipe and prepare to enjoy yourself. When the orchestra has “signed off,” think for a minute of the months of careful planning and painstaking rescarch which made it possible for you to enjoy ‘ the peice ‘and pleasure which radio has brought to your home. That is the sort of planning it . required to make the record held by the First Mortgage Notes sold . through Swartzell, Rheem & Hensey Company. The ..peace of mind which_investors in our 6% Notes enjoy is hased on the knowledge that for over fifty-nine years no client of ours has ever suffered loss. SWARTZELL, : * RHEEM & HENSEY CO MORTGAGE BANKERS 727 15 STREET N.w./ . WASHINGTON D