Evening Star Newspaper, June 12, 1929, Page 11

FIN EGG PRICES DROP ATD. C. MARKET Slight Easing of Meat Values Is Also Reported by Dealers. CIAL. (Sales are in $1,000.) Sales. High. Lo 25 967 96 13 9817 98 46 9523 98 25 969 98 5 1008 100 . 110 10315 108 1 1068 106 FOREIGN. Sales. High. . 92 A slight easing of the egg market was the interesting market report this | ! morning. The easing was not coupled | A with anything like & substantial change | in prices, howéver, and dealers think | prices are not likely to change to any material extent in the near future. “Dealers usually look for an increase of about 1 cent a dozen each month during the Summer season,” said a dealer, “but the easy condition of the market at this time may not involve such an increase this season.” A firmer condition of the calf market and slightly easier condition of the market on lambs were reported this morning. Calves, quoted at 14 cents the past few days, sold at 15 this morn- ing, while lambs were offered at 14 to- day, a drop of 1 cent a pound. Fruits and Vegetables. Plentiful supplies of fruits and vege- tables continue to reach the local mar- ket, cansaloupes and watermelons claiming most attention in the fruit market. ‘Watermelons are being received from California, Florida, Georgia and Texas, while cantaloupes are being recelved from California, Florida, Arizona and Texas. Tncreased shipments of tomatoes are being received. The Mississippi vege- table is being received in largest quanti- ties, while supplies also are coming from Florida, Georgla, South Carolina. Hot- house stock still is coming from Ohlo. This morning’s business was reported of greater volume than that during the two preceding days this week. Prices of most commodities were the same as prices quoted yesterday. Today's Wholesale Prices—Jobbers’ Prices Slightly Higher. ‘Butter—One-pound prints, 44158451 ; tub, 4314a4d1.; store packed, 30. Eges—Hennery, 33a34; fresh selected, 33a34; current receipts, 31. Poultry, alive—Turkeys, hens, 30a32; toms, 25a26; Spring chickens, small, 38a40; lafge, 42a45; Leghorns, 35a37; fowls, 30a32; roosters, 20; ducks, 15a20; keats, young, 60a65: :oid, 35a40. Austria 7s. . Bank of Chile Bank of Chile whGcababiowen 100% 99% 9 Brazil 648 1937.... 105% 100 100% 103 99% 1 Chile 78 1943, Christiania . Colombia 6s Jan'é1 Con Pow Japan 7s. . Copenhagen 434 53 Copenhagen be ct Cuba 5% Czecho 8 Cazecho 8s 195 Denmark 4% Denmark 5% Denmark 6s Fiat s war "46. Fiat 78 x war 46, Finland 53s. . o eeseee cRaurLo-nuwcltnnh wars Greek 63 1968 Hungary Ths. irish Free State 5s. (taly 78....0ceune (talian Pub 8 7s. Japanese 4s Close 965 98 16 9819 969 100 8 1036 106 3 w 3 16 19 9 8 [ 8 1044 104% 107t 1075 105% 105% 114 114 10814 10812 844 85 100'% 1054 106% 100 100% 1031 101% 99% 83 + | Canaa North 7 THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY Low. Close. 93% 92 206 Sales. High. Postal Tel & C5%s 14 93% Pressd Steel Car bs 5§ Public Service 448 6 Punta Alegre7s.... 9 RemingtonAr 6s 32, Rem Rnd 6%s war. iSinelair O11 6 Sineclair Oil 6% Sinciair 01l 7 Sin Pipe Line South Bell Te] 5s. . Southwest Bell 68 Stand Ofl N J 65 4 Stand ONIN Y 4%4s. TennKiecPow 63 47 Transcontl Oll 6%8 United Lrug 68 63.. US Rub 1strf b US Rub 7% U S Steelst5 10 Utah Pow & Lt 58. . Utilities Powr 6%3 Vertientes Sug 7s Walworth 6s 45 Walworth 6835, Warner Sug 7s 41 West Elec b Westn Union 58 51. Westn Union 6%s White Eagle O b %8s Witson & Co 181 63. WinRepeatAr 7 %8, Youngstn S & T 5s. RAILRO. Atchison ad) 4 2 Atchison gen 4 10014 106% 99% 86% 5 1004 100% Brdway&7th Av b Brookiyn Elec 6% Brookivn Elev 6%, Bkiyn Mannat 6s Bklyn Un E16 Bklyn Un El 63 sta Bush Term con 58 Can Nat 4%s 30 Can Nat 4%s64.. ‘an Nat 438 67 9 Canaa Pac deb Can Pac 4%s 4 Car Clinch&0 Central Pacific 48 Cent Pac 1st 68 90 Ches & O Corpn Cnes & Ocv 4 Ches & O gn 4% Chi B&Q gen 45 53. 2 [ov ox o BONDS e wves] | (ONVERTIBLEBOND | Received by Private Wire Direct to The Star Office UNITED STATES. 1T SHOWS CAN | New Treasury Issue Is Well Received—Industrials Under Pressure. BY CHARLES F. SPEARE. Special Dispatch to The Star. | NEW YORK, June 12.—Contrary to | statements made be well received, the actual fact is | that it has been oversubscribed two today on a general average of 40 per cent and as low as 30 per cent on the larger amounts, Were it not for the approaching period of high money rates at the end of the month and probably through the first 10 days of July the favorable re- ception given to these certificates would have an important bearing on prices of high-grade investments. Those Wwho purchased them and have the advantage of their tax-exempt feature, which makes the net yield above 5.80 per cent, would not have been attracted to them had they expected a long season of high_call money rates. The results to the Treasury are the most satisfying of any recent issues. Convertibles Stronger. Convertible bonds today had a stronger tone. ‘The Telephone 4155 were both up a point. Public Service of New Jersey 4'¢s gained 5 points and Atchison 4158 were about a point high- er. There has been some reaction in Missoust Pacific convertible 512s and in the new 4'; per cent issue of the South- ern Pacifie, in both of which active cov- er“\fl last week was responsible for their rallies, ' | Several high coupon industrial bonds were under pressure and touched new low prices for the year. Conspicuous in this group were the Cuban-Dominican T1gs, which broke 4 points and below 56, compared with a_high figure of the year of about 98. This company has raw sugar. Lorillarq 55 lost another point and were 15 points under the best of the year and at their lowest. The Philadelphia & Reading convertl- ble 6s dropped a point, selling 615 points under the price at which they were offered in March. Strong features in the railroad list were St. Louis, Southwestern 5s, up 2 % | points, and Kansas City Southern 5s, in some quarters a! week ago that the new Treasury issue ! of 51 per cent certificates would not | | and a half times, with allotments made | | Amer. Tel Washington Stock Exchange SALES. Potomac Elec. cons. 5s—$1,000 at 1014, ‘Washington Gas 55—$1,000 at 99%2, $1.000 at 99'5. Washington Gas 6s B—$500 at 10314, $1,000 at 10334, $2,000 at 1033 Capital Traction Co.—10 at 9373 10 at 94, 10 at 94 Potomac Electric 5,% pfd.—4 at 10515, Washington Rwy. & Elec. pfd—3 at 95, 20 at 95%;. Liberty National Bank—10 at 240. Merchants’ Bank & Trust Co.—10 at 1501, Mergenthaler Linotype—10 at 105, 10 5, 10 at 10 10 at 1047, 4 at 10474, 10 at 104710 at 105. Peoples Drug Stores pfd.—10 at 114. Security Storage Co.—10 at 119. Washington Gas Light—100 at 124, 8 | at 124, 9 at 124, AFTER CALL. Potomac Electric 6% ptd.—5 at 11115 Potomac Elec. cons. 55—$1,000 at 101%;, $1,000 at 101%,. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Telgn 4%..... AT d®l ol e, i, B m. el el. ¢ Antcostia & Pot, R. R Ana: & Pot. quar. 85.. G P. Telenhone bs. G % . Tel of Va. 5 Bid. Asked. & & Telga 4 ! Balto, & Annap. 5s.... hington Gas 5s... h. Gas 65, series A Gas 63, series B Rwy. & Elec. gen 85 MISCELLANEOUS. Barber & Ross, Inc. 638 Cham.-Vanbit. 'Hotel 6} Chestiut Farms Dairy 6 Chevy_Chase Club 5%2s C. Paper Mfg 6s.. Pot. Joint Stock Ld. ‘BK. 6s.... Wash. Mkt. Cold Bforage 55... Wash. Cons. Title Co. 65....... STOCKS. PUBLIC UTILITY. Amer. Tel. & Telga...... Capital Traction Co. ... Washington Gas ..... Norfolk & Wash. ‘Steambon Potomac Elec. 6% pfd. ... ec 5%a% & El Wash’ Wash been seriously affected by the decline in | i Second ' National American Security & Ti Continental Trust Merchants’ Bank National Savings & Trust. DRION TRURE [ toaotia iy Washington Loan & Zrust.. SAVING BANK. JUNE 712, RESULTS OF FARN ADBL DOUBTE Agricultural Authority Ques- tions Ability of Board to Help Growers. 1929. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, June 12.—Progress toward passage of the farm relief meas- ure has brought no smile or rejoicing from the majority of the wheat-growing communities, according to reports re- ceived from a wide territory today. The farmers point out that the meas- ure sets up a board to promote order- ly marketing of farm products and in- vestigate trends of production and con- sumption as a basis for production guidance. It will take months, they be- lieve, to set up the machinery of such a board and get it into operation. In the meantime there is a huge sur- plus of wheat in storage. The estimate of the Winter wheat crop just issued is 622,148,000 bushels. This compares with the 1928 crop of 579,000,000 bush- els. The Spring wheat crop, with fav- orable weather, also is likely to be ex- tremely large. Canada has a large amount to mar- ket and cuts in freight rates have been made there to enable the Canadian growers to market their product ad- vantageously. The Dominion can go further in that direction than the United States, since it operates the main wheat-carrying railroads. Agriculture will be hurt more than it is helped by the relief legislation, according to the Corn Belt Farm Dailles, in a review of the situation. This authority points out that the measure has helped to create an impression that farming is a hopeless business and that farm land is an investment to avoid just when the idea that farms at pres- First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. MONEY TO LOAN On District of Columbia ent prices might prove a good buy was | | gaining a foothold. This analysis de- clares that those who dre gonducting thefr farms as any good business is conducted — keeping books, studying costs and adjusting operations to changing conditions—are winning. It adduces as proof the increase State College and shows the variation between good and bad management by the high farm with a management return of $6,200 and the low farm with a loss of $4,000. O. P. B. Jacobson, chairman of the Minnesota Railroad and Warehouse Commission, asserts that the aims of legislation to bripg about farm relief in wheat sections will be unavailing. He agrees with a recent statement of President E. E. Loomis of the Lehigh Valley Railroad and a director of the Great Northern ohat the solution lies in offering wheat for export to Euro- peans on wheat grades like those of Canada. JOHN JOY EDSON, President Organized 1879 Assets . +++..$5,513,051.63 Subscription te! shown by a compilation made by Iowa | FIRST TRUST LOANS Low Interest and Commission Rates. Prompt Service. THOS. E. JARRELL CO. Realtors 721 10th St. N.W. Main 766 Money to Loan of trust real estate t and commission. L. & Trast Secured by first Prevailing in Joseph 1. Wel Mortgages Investments Main 5328 1520 K St. N.W. Consult Us Regarding Your Maturing Mortgage " LONG-TERM REAL ESTATE LOANS 5Y2% ‘We Make First Mortgages on Homes, Apartments and Business Properties in the District of Columbia and Nearby Maryland and Virginia RANDALL H. HAGNER & COMPANY, INC. 1321 Connecticut Avenue Mortgage Loan Correspondent, New York Life Insurance Company Decatur 3600 Equitable Co-Operative ‘Bldg. Ass'n WALTER S. PRATT, Jr., Secretary 49th YEAR COMPLETES Surplus & Profits. ..$1,601,704.98 for the 97th Issue of Stock Being Received Save Systematically in the Equitable HE Equitable’s plan of sys- matic savings encourages Real Estate CURRENT RATES OF INTEREST FLOYD E. DAVIS CO. 733 12th St. N.W. Main 352-353 thrift in a manner that if con- sistently followed will eventually lead to financial independence. Start now while you have a steady earning power. Come in and let us explain about our” systematic Bank of Bethesda. Dressed—Turkeys, 35a40; Spring chick- & Savin ens, 48a50; Leghorns, 35a36; fowls, 37a 38; Leghorns, 34a35; ducks, 30a32; keats, 80a1.00. Meats, fresh killed—Beef, 22a24; veal, 23a26; lamb, 30a32; pork loing: 31a32; fresh hams, 25a26; fresh shoulders, 18a 19. Smoked hams, 27a28; smoked Japanese 648 Kreuger&Toll bs ct Lyon 6i s Marseille 6s. s Mexico 48 04 asntd. Mexico 4s'10 asnt. . Montevideo 7s. .. .. Netherlands 6s 72.. Chi&ks 111 gn 68 51 ChiMISP&Pacts6. CMSP&Pacadibs03. Chi& NW gn 3%s, Chi & NW gen 4s. Chi NW 4348 2037, {Shi & NW ret &a, Chi& NW 7s... ChiR1&Prf4s which had a similar gain and have re- | cently rallied 5 points. ] New Offerings Larger. The swift pace of the German dollar bond market recently had a tendency to exhaust its vitality, with the result that there has been a reaction of from Potomac _. ) Security Savings & Comi. Bank. Seventh Stree! 3 United States Washington FIRE INSURANCE. American . Corcoran " shoulders, 17a18; bacon, 26. Lard, in bulk, 12; in packages, 131;. 1 Live stock—Calves, 15; Spring lambs, 4. = Fruit and Vegetable Review. The daily market report on frults and vegetables (compiled by the Mar- ket News Service, Bureau of Agricul- tural Economics) says: Cabbage — Supplies _light; _demand slow, market dull; Norfolk section Vir- ginia, 1% bushel hampers, pointed type, To sales reported. Nearby Maryland, barrels, pointed type, few sales, 1.00. ‘Cantaloupes—Supplies moderate; de- mand moderate, market_ slightly weak- er; California_Imperial Valley, jumbos, 455, Salmon Tints, 5.0085.25; jumbos, 36, 4.5004.75; standard 45s, 4508475 jumbo flats, i1s, 12¢ and 15, 1.75a2.00, Tettuce—Supplies very light: demand light, market steady; California, crates, Tceberg type, 4-5 dozen, 5.5085.75; fair to poor quality and condition, wide range prices, 2.00a5.00. Onions—Supplies light; demand light, market steady; Texas, standard crates, Yellow Bermudas, U. S. No. 1, few sales, 2.00;_California, ‘standard crates, Yel- low ‘Bermudas, U. 8. No. 1, 2.15. Tomatoes—Supplies liberal: ~demand moderate, market slightly weaker: Mis- Bissippl, fours, green, ripes and turning, rapped, 140a1.65; ‘mostly 150; South arolina, sixes, green, ripes and turn- ing, wrapped, fancy count, 4.5084.75; | ra Kinie s 37 choice count, 3.503.75. P T Peaches—Supplies = light: _demand | Uruguay 6o 1260 light, market steady. North Caroling, | \eras ga e3 sixes unclassified small size, 3.50; bush- | yiors 80 & el-basket, Early Rose, unclassified, small Size, 3.5004.00; sixes Arps, unclassified small size, 3.00; bushel-basket Arps, un- classified, small size, 3.00. Vir bushel-baskets White Clings early, very small size, 2.50. ) Potatoes—Supplies of old stock light; S enmRereSrenlalita Paris-Ly-Med 7 Paris Orleans 6341, Peru 6s 1960 Peru 651961, o AT Sne Poland 7s (rcts). Poland 8 Prague 73s..... Queensland 6s. Rhinglbe Un 7 RhineWst EP RhineWst EP Rio d Rio de Jan Rio Gr Do Sul Rome 6% RN RaRE NN ARN S B 0D o Swiss 6%8 1946.. Toho E! Pow 7 Tokio . %e 3 104% 44 22 99% Alleghany 55’49 wi 31 99% AmAgriChera 73%s. 2 105 Am Chem l%lev;" 61 102% 9 Michigan, Rurals, U, 8. No. 1 dition, 2,03, New siock, supplies liberal; emand _light, market about steady. North Carolina and Norfolk _section | Am T&T ov 4%#39.761 Virginia, cloth-top, stave-barrels Cob-| .\ mg gt i blers, U, 8. No, 1, 3.15a4.00, very few | AR & T2 LS8 sales low as 3.50. ot ‘Watermelons—Supplies moderate; de- | 47 Y5 mand moderate, market sbout_steady. | A nacon Florida, Tom Watsons, 30-pounds aver- | & resnr&Co4s age, 65; 32-pounds average, 75; 36-40- mnds, average, fine quality and condi- tion, 1.00; 28-pound average, 55a60; 22- 24 pound average, 40 each. String Beans—Supplies liberal; de- mand moderate, market steady. North Carolina, bushel-hampers Green fi quality and condition, 2.0082.25. Nor- folk section Virginia, 5-peck hampers, Green, 2501215 Nearby Maryland, bushel-baskets Green, 2,5082.75. Cucumbers-— Supplies liberal; demand moderate, market steady. North Car- olina, bushel-hampers Fancy, 1.75a2.25, | Chjle Coprer |few best high as 2.50. South Carolina, | SOI9ROMLE bushel-hampers Fancy, fair quality and | Sor Gees §o° | condition mostly 1.50, few high as 1.75. Squash—Supplies moderate; deman Mght, market steady: North Carol bushel hampers, white, 1.2581.50; No folk section, Virginia, bushel hampers, white, 1.501.75. Peppers—Supplies moderate; demand light, market slightly weaker: Florids, pepper crates, fancy, mostly 3.00. Eggplant—Supplies light; demand lght, market slightly weaker; Florida, pepper crates, fancy, 2.5082.75. Carrots—Supplies moderate; demand light, market dull; Texas, Western let~ tuice crates, bunched, few sales, 2.50. Corn—8upplies moderate; = demand moderate, market slightly weaker; Texas, Western lettuce crates, mostly 2.50. Oranges—Supplies moderate: demand Iight, market steady; Florida, boxes No. 1, medium size, 3.5084.00, Grapefrult—Supplies light; | light, market steady; Florid |1, medium size, 3.5083.75; 37504.00. Am Sugar AmT&Toltr 4 9 99% 121% 102% 42 100% 1 102% 4 104% 2 98% 41 102 18 104 18 104 Bell Tel Pabs B.... Bell Tel PabsC.. Bethlehm Stl pm 6 Beth Steel 5% s 53 Bethlehem Steel 6 Bklyn Edison bs Bush Term Bldg bi Certain-Td5 % sre Cul Cuba Cane 8 5o Duquesne %8s East Cuba Sug 7%s 3 79 1 984 demand | | arge size, 4 Int Tel&Tel 4% KanG & E 6 53.... Kendall5 %s'48 war. Lackawanna Stl bi AIR MERGER PLANS. NEW YORK, June 12 (P).—The newly formed Detroit Aircraft Corpo- ration, through which the latest aviation ) merger is being effected, will have a simple capital structure of 2,000,000 authorized shares of no par capital stock, of which 922,745 shares will be outstanding. it was announced today. ‘There will be offered publicly about 300,000 shares, at a price yet to be announced, and ope and one-third shares be offered in exchange for each share of LockBeed Afrcraft Co. of Los Angeles, two shares for each share o Ryan Alrcraft Corporation and one | NewEnglandT share for each share of Aircraft De- | N'y Edison 6% velopment Corporation. FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal gold Selll value, (or par), ” 34.8665 18; ev b1 122% 4 103% ManatiSug st THse.. 9 924 Midvale Steel b8.... 24 98% Mont Pow §s 43. Paramount 6s 1947. Pathe Exchange 7s. Phila Co 55 67. Phila & Read 6549, 4% Philips Patro 5%s.. 41 89 108% 103% 9T k4 Chi R I & Pac 4% ChiStPM&O 68 '30 Chi T H inc 6s 60 Chi Un Sta 4% Chi Union Sta Chi Union Sta Del & Hud 1st rf 4 Den & Kio G cn 4 Den&RiaG 4 %s 36, Erie Gen Erie cv 5567 Erie & Jersey . Fonda J&G 4 %5'52. Gr Trunk stdb 6s, Grand Trunk 7 Great North 6% Great Nor gen 7s. Hav El Ry 6%s 51 Hud & Man ref bi 1} Cent 4% 8 66.... 111 Central rf 58 56 [11-C-C-StL&NO Int Rapid Tr. % | Int Rap Tr 68 MISCELLANEOUS. 104% 1 | StLIM&S ax 2. 9 99 100% 100% 100 100% 99 99% 105% 105% 99% 100 1024 102% 104% 104% % 974 984 78 18 97% 97% Thi 8 ol 4 PoMTRLAR 54830, 5 29% 904 994 93% .89 Int Rapid Tran Int Kap Trans Int & G Nor 1st 6. Int&GtNor adj 6s 63 Int Ry C Am 65 41., Int Ry C A 6%sret. Louis&Nash uni 4g. Louls & Nash 7; Man Ry 1st 45 90... Market St 78 40.... M1l El Ry&Lt 4%s. Mil Kl Ry & L 6881 - MStP&SSMEs3sgtd. - L - R o NY NH&H db 48 67, NYNH&HKs. . NY NH&H cvdb 6s, o Ore Wash 1st ¢ Pennsyl gen ¢ » » mermpamRkCEeR R KOREO R ERAROS~NaN~ S » PCC&BStLEsA.. Portland El P L. Port RL&P 7%s Reading gen 4%8 A Reading J C 48 51.. Rio G West el StL IM&S gn b8 St L IM&S R&G StL&S ¥ pl 4 StL&SPraks StL&SF prinbs. St LS W con 48 33 StL & Sown b8 T aamanTL % | SB ALl Fia 65 35 B.. Sou Pac 4%srots.. 22 9 ww2ss ird Ave ref 4s 60, 1 to 2}, points in some of the issues that made the largest response to the debt settlement. Very good buying of foreign issues has been observed in this market lately from Dutch, Swiss, Eng- lish and Scandinavian banking and in- surance interests. New offerings today were larger in number and in volume than for some time, including over $10,000,000 of 51, er cent basis and a $10,000,000 of- fering of a public utility convertible preferred stock. p Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., June 12—Pota- toes, white, 100 pounds, 1.00a1.40; new potatoes, barrel, 2.5025.00; sweet pota- toes, bushel, 1.25a2.26. Yams, bushel, 1.50a2.00. Asparagus, dozen, 75a3.00. beets, 100, 3.00a5.00. Beans, bushel, 1.40a2.00. Cabbage, hamper, 50a74. Carrots, 100, 2.00a4.00. Celery, crate, 1.5024.00. Corn, bushel, 2.25a2.5¢ Cucumbers, bushel, 1.00a2.50. Egg- plants, crate, 2.50a4.50. Kale, bushel, 15a25. Lettuce, bushel, 25a65. Lima beans, bushel, 3.50a4.00. Onions, crate, 1.40a1.75. Spring onions, 100, 1.00a1.25. Blackberries, quart, 15a18." Cherries, pound, 6al8. Grape- fruit, box, 1.50a3.50. Oranges, box, 2.00 a3.50. Strawberries, quart, 7al4. Watermelons, 25a60. _ Dairy Markets. Butter—Good to fancy creamery, pound, 42a45%; prints, 46a47; block: 45a46; ladles, 35; store packed, 30; rolls, 33a35; dairy prints, 33a34; process butter, 38a39. Poultry, alive—Spring chickens, pound, 30a45; Leghorns, 26a35; poor and thin, 25a28; old hens, 33; Leghorns, 27a30; old roosters, 16a20; ducks, 2 i guinea fowls, each, 50a1.10; pigeons, pair, 35a40. Eggs—Receipts, 602 cases; native and nearby firsts, dozen, 30%2a31; current receipts, 28a29; small, undersized, 24. Hay and Grain Markets. ‘Wheat—No. 2 red Winter, garlicky, spot, 1.09%; May delivery, 1.09%. Corn—No. 2 export, May delivery, no quotations; No. 2 yellow, domestic, spot, 1.09a1.10; cob corn, 5.2585.50. Oats—No. 2 white, domestic, spot, 55; No. 3 white, domestic, spot, 53a54. Rye—Nearby, 95a1.00. Hay—Receipts, eight tons. While hay is arriving here in limited quantities only, it is more than enough for the de- mand, which is being supplied mostly by truck from nearby points, a few car- loads being received. There is not enough business passing to establish prices on the varlous kinds on merit at a range of 13.00a16.00 per ton for timothy or clover hay. Straw—No. 1 wheat, 12.00812.50 per ton; No. 1 oat, 12.50a13.00. Live Stock Market. Cattle—~Receipts, 75 head; light sup- ply, market steady. Steers, choice, 13.50814.00; good, 13.00a13.50; medium, 0.00a11.50. Heif- ers, . 11.00; medium, 9.00a10.00; 7.75a8.75. Bulls, g to choice, stable, 10.00810.75; fair to good, 9.25a10.00; common to medium, 8.00a9.00. Cows, good to choice, 9.50a10.50; fair to good, 8.0089.25; common to medium, 5.008 775, ‘Sheep and lambs—Recelpts, 400 head; fair supply, market lower. Sheep, 2.00a 7.00; Spring lambs, 12.00a16.25. ‘Hogs—Recelpts, 200 head; light sup- gly, market steady. _Lights, 11.85; eavies, 12.00; roughs, 7.50810.30; light plgs, 10.75; pigs, 11.60. Trucked hogs 15 to 30 lower than quotations. Calves—Receipts, 75 head; light sup- ply, market steady. Calves, 5.00815.00; extras, 15.50. . NEW CONSTRUCTION. NEW YORK, June 12 (#).—New con- struction started in 37 States East of the Rocky Mountains from January 1 through to June 7 amounted to $2,598,- 747,900, F. W. Dodge Corporation re- ports. The daily average was $19,539,- 500, against $22,813,800 for the first half of 1928. Last week’s contracts to- taled $113,092,200. TREASURY CERTIFICATES. municipals with 1930 maturitie§ on a|D. Firemen's " . National Union TITLE INSURANCE. Columbia_Title. Real Estate Titie Title & Inv. Co. of M Wash. Cons. Title pfd. MISCELLANEOUS. Barber & Ross. Inc.. com Chevy Chase Dairy pfd.. Gommercial National Co Storage & Whr. Corp. GERMAN BONDS AND STOCKS. NEW YORK, June 12 (Special).— Bid. Asked Ger Govt Red Loan with drawing "y - ** ctfs attached per 100 R M.... 83.00 60.00 er Govt = Re Loan _ without irawing ctfs per 1,000 R M d _in dollars per 1919 230 per thousand rukl. us. pre-war 23.00 24 2 -war. EX 31as & '4s D amburg 3s. Line “4%s. d 4y Hamburg American L isk88218228~, BEEkesssy! in_d A E G (German Ge Elec). A E G (Ger Ge Elec) pid B. Commerz and Privat Bank I G Farbe; 2888422 ! 831338338288 SaEassguanas oBsSABSE: e 83383323338338 & S Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit Lite Ins. Co. 1520 K Street Main 478 ‘Complete ;Investment Service ‘GreeeT & Co. SANKERS ' INVESTMENT BUILDING WASHINGTON, D.C. Telephone, Main 2460 BONDS Months of high money rates have depressed bond prices to levels which now make basis and for possibility of price appreciation in the event of a trend toward easier interest rates. In bur recently published lists of bond investment suggestions the average approximate yield for 71 issues offered was 5.71%. 6% NOTES Becured by First Mortgages Safe—Conservative Make your savings 42 Years® and surplus funds . work for you at EXperience iIn finaneing the highesteinter- est rate consistent homes and in the with absolute sale of these se- satety. curities. Wm H. Saunders Co., Inc. REALTORS Main 1016 Management Is Our Specialty ~—and we have had the experience which be an advantage to apartment house owners. You'll find our service both constructive amd profitable. B. F. SAUL. CQ! National 2100 925 15th St. Send for Current Lists Stawry Camm, Representative 917 Fifteenth Street, N. We WASHINGTON, D. C plan. Toan on your home. They Offer 5 Low Intere: No Renewal We invite Metropolitan Life We Offer and Recommend for Investment &3 Georgetown Gas Light Company. .. (General Mortgage 5%, Due 1961) Potomac Electric Power Company. . .. - (Consolidated (now first) Mortgage 5%, Due 1936) W (6%, Due 1936) Chesa ashington Gas Light Company . . peake & Potomac Telephone Company of Va.. . . . (First Mortgage 5%, Due 1943) Washington Railway & Electric Company. . . (Consolidated Mortgage 4%, Due 1951) Anacostia & Potomac River Railroad Company (Guaranteed First Mortgage 5%, Due 1949) Anacostia & Potomac River Railroad Company (Unguaranteed First Mortgage 5%, Due 1949) CRANE, PARRIS & COMPANY -INVESTMENT BANKERS PhonoM.503 821 15th St. N.W., Washington [ 915 F St. N.W. METROPOLITAN LIFE INSURANCE COMPANY REAL ESTATE LOANS- —should not be overlooked when secking a Loans for fifteen years st Rates No Commission Charges 1 Charges your inquiry WEMR BRO REALTORS 809—15th St. N.W. Mortgage Loan Correspondent Main 9486 Insurance Company All of These Bonds are Listed on the Washington Stock Exchange & Approximate Yield e 4.90% mewesssmimrc- 4,.70% 5.10% 4.80% it 5.05% . “.»,._,...x.;f--u 5.25% 5:35% e een et or—t Est. 1883