Evening Star Newspaper, June 15, 1929, Page 25

5 \ less than a § y " BONDS IRREGULAR AT SHORT SESSION U. S. Issues Sag Slightly After Advances in Yes- terday’s Market. BY CHARLES F. SPEARE. Special Dispatch to The Star NEW YORK, June 15.—Today’s short #ession of the bond market was a fairly | active one, with irregular price changes pnd few outstanding features. The United States Government list| had a tendency to soften after yester- day's advances, ranging from 13 to % in the various Liberty bonds and Treas- ury certificates. There has been & pro- nounced improvement in the short-term Government notes since the new 5!a per cent certificates were first traded in. These are now quoted on slightly per cent basis. or the equivalent in yield of the 41 and 43 per cent notes, due in December. Foreign issues were steadier. after having had yesterday the largest aver- e o o T ernment, 7s an m - sues were fractionally higher. French municipals rose from int. igher as well as the government and eity obligations. Tn the convertibles there were frac- |C tional declines in some of the public utilities, but higher prices for the rail- road equity bonds, Several of the legal rails were lower. In the misceilaneous list a new low ice on International Paper 6s, a small oss in Goodyear 5s and continued strength in National Dairy Products 8% were features. This week’s offerings of new bond and stock issues were the largest for & month and represented a wide range of securities. It is expected there will be additional financing by corporations and municipalities next week. SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co.) RateMaturity Bid. . Offer. Allis-Chalmers Co. 55 1937 ... 0% 89, Aluminam Co. of Amer. 53 882 101 = 101% American Tel. & Tel. 4 1920... 9% ... ‘mour & CO. Del, Bas 1043.. 88 altimore & Ohio 4128 1933, atavien Pet. Corp. 4%s 1043 1) Tel. of s 1955, . L, Ir. Mt. & So. RY. t. L., Southwestern Ri & Co. s 193: nion Ofl Go. Calif. 33 et Biectri Co. eeling Steel Corp. 8 BALTIMORE STOCKS. $pecial Dispatch to The Star. BALTIMORE, June 15.— Stocks. de] Corporation..... 400 Black & Decker com 7 0&P Telephone Balio 178 Consolidated Gas com 1Cons Gas 5s cum pfd 210 Delion Tire & Rubber com 28 Eastern Rolling delity & e Y2 844 . 10214 Vs 1048 '90%% L com . Waodbirs " : pid o M ibury. T i Wi D8 S - BONDS. Black & Decker M Tni Railw & Elec CHICOGO STOCK MARKET. Svecisl Dispatch to The Star. CHICAGO, June 15—Following is a report of today’s sales, high, low and closirig quotations-on the Chicago Stock Exchange: les in hundreds. Co 88 come 45, 1% ki " | BTOCKS. High. Low. Close. .. 100 L7833 33% 53% 453 4 45 35 Allled Mot Ind o % Allied Mot_Ind pid. . 1Am A... 3 to nearly a! The Italian convertibles: were Chil UNITED | | us USiussz. 3 Bolivia 3s. Bordeaux Brasil 6348 193 Brasil 6348 1937 Brazil Ia, Brazil$s..... Canada bs 1931 Fiat 7s war ‘48 Fiat 7s x war 46 6% Kreuger&Toll Lyon 6 Mexico ts Mexico 5s asntd. Milan 6%s. . Montevideo 7s. Norway 65 1943. Norway 65 1944. Peru 6s 196 Peru 651961 ‘at EI Rlo GrDo Sol és Rio Gr Do Sul 3s. Rome 6% Sao Paulo 3s Alleghany Cp 5 °44 Alleghany 55 ‘49 wi 1 AmAgriChem 73s. ‘3 v'e9 49 Am T&T cv 4 48'39 AtiGulf 8 Atlantic R Bell Tei Pa bs B, 24 Bors_ Warner 1 Borin Vivatons pi pid 4 VR S E R ¢ Star W Cen PB....... 4 + &S WU pid. in Bl R rry B num 1L 9 Commonwealth Ed... 285!z Co pt.. .. xter 00 ... 7)1 T Elec Housshold 3 Empire G & F 6% pfd BEmp Ber A......... e2t L Dredge igshy Grunow art Certer pid ih Spen B & C 1G A & Co ooy, v asdlt B oy on Fireman Mg amazon Stove. van,uisngsBaragnyiy Q0 2 3 & o g3 L R EoER, CocEe 8% gl o 2 B 5 € pi h Gla 14 sdows Mt 6o, 3 d*%west Ol e s RREE FE PUE N WP, (N = I o e SRR wk ‘Rubher onighan Mg Corp. nsanto Chem egon B! 2 “s £ &N it o BB BEERSRLA2R! § 2 TR L] gk ¥ e Baus 4 sgsvsssed 7, L o e oy veseeEs s5ies 3 usfggomusygTIRey 358 :"i'nn Qe ggaad pEER -1 kk:' 44 e 3358 - ri RER] P renaiaiaaBes e a0 o o ol 00 s oansrazsiaasrstansrans i B, EUCEREEEE T E o Bethlehm Stl pm 63 Beth Steel 6348 63 Bethlehem Steel Skiyn Edison b8 Bush Term Bldg Certain-Td5. sns 4348 67., Gen Cable 634847, Gen Mot Ae Cor Goodyear b rets. Humble O & R §%: (1linots Beil 1st b8, Inland Stl 4% (nt! Cement Int Tel&Tel 4348 ov Kan City P & L b KanG & E 63 62. Ligget&Myerssas) . Lizgett & Myera is Louisv G & £ 53 52, A K No Am Ed $%s Nor States Pow 63, Pacific Gas & £) Phila Co bs 67. . Phila & Read 65 '49. Pierce Oil aeb 38 Poatal Tel & C 6% RemingtonAr 6s 3 Rem Rnd §%s Stnelair Of! nelate O11 netatr Crui Sin Pipe Lin Stand OIL N J SugarEstOrientels. TennElecPow 6% 47 ‘Transconti Ol 6348 Walworth'$j4s Willys-Ov 6345 33.. Wiison & Co 18t 6x. WinRepentAr 7348, 6% Youngatn S & Ton. 12 99% 99% 99% | nitierll St MISCELLANEOUS. :: 9% 545 124 101 STATES. (Sales arein $1.000.) Sales. Hizh. Low Y Close 9610 9610 9610 9831 9821 9824 L » 5 994 28 100 28 100 20 100 26 10331 108 31 (0331 107 FOREIGN. Bales. High. 106 21 108 21 2 7 H 1 2 4 3 4 3 S 94 103'a 103% 96% 96% 98 98 »HPe~ 1034 104 107% 1074 105 106% 114% 114k 109% 109% 5 B4t I » »B5 PP~ % 96% 105% 105k 100% 100% 102% 1024 99% 9V 2 o 1034 103 1023 102% 140 140 924 924 i 99 108% 1081 108% | 1134 113% 1135 904 90 90 108 105% 106 91% 91 91w s4lg 99 95% 95% 95% 927 92 9 928 928 100% 1004 98 98 8 99% 99% - 99% T 1Ti o uwnw-pltossbnonanste - N e D e e L 100% 100%4 1 1015 2 102 9 4 84% 84y 7 96% 98 2 103% 103% 2 102% 1024 86l 5 105% 105k 1054 4 88% 88% 1 105% 106% 3 9% 97w 8 1064 105% 1195 .90 12 99 98% 38 99 98 99 9 1054 105 105 96 95 964 63 102% 101% 101% 17 103% 10334 102% 5 102% 102% 102% 9% 29% 123% 124% 1017% 101 1024 % 88% | 101 T4 | 160 79% | 9o | 97| 95, 02 8% 100 97 1085 | 1005 98 984 100% 9l 100% 102% 90 108 95 100 888 858, 3 100% 1 104% 108% 108} l!» 9% 94% " 94ia | _ Le n 1005 100% 108% 1084 96 - 96 1% 102% 1 100% 100% 1014 101% 100 100 39 1085 108% RAILROAD. Atchison gen 45 .. Atch deb ¢ %s (8 E ) 1 -101ng 101% 1017 D10 wik 9aw DaK % | ChiM1SPAPacSeT! ' | M1l EI RyaLt 4% Corp, fod. 3 % | Aeolian €o ot TE R i THE EVENING STAR, WASHINGTON, - [ox e soux BONDScxseawea] | IWPORTS OF GOLD [TRADING IS QUIET Received by Private Wire Direct to T Bales. High. Low. C! : 9 . vty lose. 9% ata. 84 Buff R & Pitt 4 %s. Can Nat 4% 30 Canad Pac Centrai of Ga Ches & O Corpn Cnes & Oev 4 CB&QIlldive Chi&E 111 gn b8 61 Chi Gt West 48 59 P T T =IO CMSPA&Pacad)ss0d. IR ] .58 Chi'T H ine 63 60, Chi Union Sta bs Ca W 1bba6i. Clev Tarm 63 Cuba R R 7348, Del & Hud 1at rf & Del & Hud 78 36. . Den & Rie G en D Rio G Weat bs. DRG & Wat 6a'78 EastTennVa&Ga 69 Eriecv 58’67, L = Rosrons = e RN DS U Al 08 S e R e e Man Ry 1st 48 30 Mt K Ky & L 68 61 M St PASSM cn 4a. M T - Nassau €1 48 b1. NRM 43 '57 anst ol PSP NPAN Hennsy! bs 64. Pennsy! gold 7 Port R L& P 6s 43, RioG W 1st Rio G West el St L IM&S ¢5 29 1M TexArk FS 6348 60 Tex & Pae bs C'79 Union Pac 1st 48 Union Pacifie 48 ‘68 Union Pac et rf 48, Virginia Ry ist bs. VaRy &P 5 West Maryland 4x Western Pacific és. 3| AIRPORT REPORT SHOWS LARGE GROSS INCOME Special Dispatch fo The Star. . NEW YORK, June 15.—What is. be- lieved to be the first income report made public by an airport makes its ‘appear- ance today in the statement of the newly formed Roosevelt Field, Inc., cov- ering its operations for th:' month of May. income amounted to $46,- 734.64. The report shows that out of fn"tmt’m umn:hwlh?_l;mm't:‘nn field dur- - mont ! went into the air, than 1 person out of e: 11 who entered the gates of the fiel ASSETS SHOW GAIN. Chesapeake Corporation Filgs. Re- port With Exchange, NEW YORK, June 15 (Special).—' Chesapeake fon statement of peake Corpora filed with New York Stock it of April 30, 1929, shows total $110,474,402, comparing with .mo:{ 484 on December 31, 1928, while surplus ;ll'l;oun'-ed 1o $7,774,405 against $7,424,- Condensed balance sheet of Chesa- e Corporation as of April 30, 1929, compares as follows: Assets, Apr Investmenta (. Eygtiments pleegre) 164 9105.856.000 398,467 1,502,528 2/358,492 120 000 1,277,419 518,416 3,890,507 . $T90,474,402 $109,109,484 | PR Lisbitities. sCapital stock. ... $54,000,000 Collbtera tust Gollatere “ulflbo?:.. 47,389,000 . 3 54,000,000 47,389,000 verest, Surplus’ 110,474,402 Total T “Represenied by 900, 000 no-per shi Pe- record. June 20 July 18 AU & Pac In ek Auz. 1 e 1e iR 1 15 July 15 140 Get. 13 50 July 16 178 - July 18 50 Juny 5 uneR June 50 JuneZy 25 July 18 1 1 1 1 Derby Pei ‘Corp... Doehler D Cast- ing Co 1% pf. 7% July 175 * July, 30 Aust - Aug. e 1 A'l' s Q 17 July 15 init 0. @ 80 gy 1 @ 150 Aus. 3 Lo Pinal 20% 1928 Sroral ‘SHAxt : n 198 28 July 1 Jumels . @ 80 Juy 1 June2t . Int, 0% ¥ 28 8w : 178 July . Q *Equal to 3s 6d. 200 po03 0005 .am o Lanston Moris- SEnbst t7pe Macl Aug. 21 glan Ry C 3 National Bane- Com.... @ 1. 1 June 1 June 21 | 1s just ahead of it. folio of the Federal reserve showed not only the smallest holding of Govern- | 4 | slightly .| and on 28 July 1 June 22, EXPECTED 70 GAIN Easier - Credit May Follow Continued Takings From Abroad. BY CHARLES F. SPEARE. Special Dispatch to The Star. NEW YORK, June 15.—Imports of gold from Canada on a considerable scale are expected following the receipt yesterday of $2,000,000. A continuation of the imports from the Argentine is also probable. It is doubtful, however, whether there will be much gold per- mitted to be released by the Bank of of the level to which sterling exchange has declined and the present high ratio of gold holdings shown by this insti- tution. e Canada has been a heavy lender of funds in the New York market during the period of extreme rates for call money. Her willingness now to let gold come this way after having, raised a barrier against shipments of the yellow metal across the border, coincides with the longest period of relatively easy call rates this year. It is of interest to note that in the last three weeks there has been s steady shrinkage in the account, of brokers' loans for “others,” aggregating $131,000,000. Imports Figures. In the first five months of 1929 total gold imports into the United States were $150,000,000. Excess of gold im- was $143,000,000. With the gold that has besn received so far in June the ;flfllflm !‘o the American stock since anuary 1 amounts to approximat $150,000,000. and since AII:\?EQ 1, ll';!ly. to nearly $200,000,000. - compares with a loss of about $225,000,000 in gold Rrueriea i the quariee entics ag- o1 uarter en W;_fi'flau q July 31 e statement of the Federal reserve banks at the close of busis B indicates that their loldnw T that day were $2,875,630,000. This fig- ure was nearly $300,000,000 greater than that of June 13, 1928, and is an important factor in the comparatively high ratios of reserves of the 12 Fed- eral reserve banks in contrast to the low reserve ratios a year ago, when the policy of steadily increasing rediscount .| Tates was being carried out. At another point this week's Federal reserve .statement shows a decidedly stronger situation than s year ago, Damely. in the item of bills unted. lese are now approximately $934,000,- 000, having decreased in tm»,y wmek $43,000,000. They are $109,000,000, or 10 per cent smaller than a year ago. for the system as a whole. In New York alone the contraction within the 12 months amounts to $172,000,000, or nearly 45 per cent, in spite of this week's gain of $16,000,000. This fact, together with the reduction of $258 - 000,000, or about 25 per cent in the brokers’ loans of the New York insti- tution. makes it difficult for borrowers on: speculative col'aterals to understand why money rates here should have been and still are so high, United States Bonds. Further advances in Government bonds and Treasury certificates sug- gested that the Federal reserve may be inclined to use the market for Govern- ment securities rather than that for bankers’ acceptances as a medium for lifting the strain on the money market, over the period of unusual demand that Recently the port- ment securities, but of acceptances, in many months. The accepted t! in banking cireles now is that both wiil be l;ulltk»'up substantially in the next few ecks. By the Assoctated Press. NEW YORK, June 15.—The- United Gas Co. has contracted with the Smith Bros.. Construction Co. of Dallas, Tex., for the laying of a 12-inch gas line from Jennings' Field, Zapata County, to ‘Mexico, a distance of 125 mies: - T 1 miles. e Youngstown Sheet & Tube Co. will furnish the pipe. Some ‘New York clearing house banks are reported as ruvnr&ng an increase in the interest rates payable on so-called thritt accounts from 3 to 4 per cent. The total melt of 18 United States sugar refineries from January 1 to June 8 was 2,240,000 long tons, against 1,- 925,000 tons for the same period last year. Deliveries for the' same period this year amounted o 2,025,000 long ;%%, compared with 1,790,000 tons for The Allegheny R nal Advisory ‘::‘rél rené.r;nttfiudfreu L car require- | lor the juarter will - 000 more than last year. koo Graham-Pate Motor Corporation for- eign ments for May totaled 1335 | cars, ma 2 total for the five months of 6,262, more than three times .the Ims figures, and comparing with 6,239 Y:;;z shipped during the entire year of Eleotrical Apparatus Sales. NEW YORK, June 13 i—Presen indications are that uluuo? eleclrlu} | lnggrr’n:mmwu; hold at a satisfactory { r the Summ lectrical W er period, ical | Mill Schedule Reduced, NEW YORK, June 15 (#).—] - ning the first week in July, all %:Eglxr I'mills at Unlon, 8. C., will operate on a |$lmxeek;‘:fimgm 'ugedule for four s oL onditions were BRADSTREET'S REVIEW. NEW YORK, June 15 (#).—Brad- street's says: With weather MMIL!::! more seasonable a alight im- provement in the tenor of distributive trade and erop reports is visible. Over against this are signs of some further tapering off in some industrial activi- ties, which tends to shorten the marg of gain in current operations that, this year, as a whole, has steadily shown over the like period a year ago. Even Wwith full.allowance for these variations, however, the situation still continues to present & more uniformly active ap- pearance than was shown a year ago. Higher temperatures the country over e 20 | have made for better growth in cro) 0| areas, desplte a continuance of cool T in parts of the Southeast e lower Pacific Coast. In most markets the change in weather has fa- vored a larger distribution of seasonable wearing apparel, with more mention of buying of Summer and vaeation goods and with women's wear leading in most areas. A In. industry, despite the tapering off reported in some metal lnes, the iron and steel and related trades seem to be_displaying unexpected activity. Weekly bank clearings, $11,108,571,- 000. a decrease of 8 per cent from a year ago. FEDERAL LAND BANK BONDS. NEW YORK, June 15 (Special).— o, B Askad. wet wea T Th = 22392dzreessees: £ Teserves on | England on American account in spite | this ports over gold exports for this perfod | 1000 B ATD. . MARKET Dealers Expect ‘Increase in Business for Approach- ing Holiday. Higher temperature the past few days | has not had the effect of increasing the volume of business among wholesalers, according to this morning’s reports. It had been hoped by dealers that meore seasonable weather would be profitably reflected 1 ‘nsales of commodities, buf such reflection had not materialized morning. FHot weather latér in the season usu- ally brings decreased demands, it is stated, but the decreases seldom affect the market until the beginning of the school vacation season. Then the exo- dus of children and mothers very ma- terially lessens the number of consum- ers in the city, which necessarily re- duces demands. Plan for Holiday. Dealers are looking forward to the Fourth of July holiday, when a tempo- rary increase in business is expected, and later dealers naturally expect a de- This Summer, it is stated, busj- bers of Congress an mean an additional several h mouths to feed and this will necessarily mean an .additional consumption of It is expected that Washingtonians who have cottages, bungalows, and shacks in the woods and along the water front in nearby Maryland and Virginia will leave the city on Fourth of July outings and many are expected to re- main away until early Fall. Those planning to leave early in July are ex- pected to make heavy purchases in the loeal market, even to the purchase of live chickens, to take away with them. Decreased receipts of vegetables were reported this week and with continued warm weather, it is stated, dealers ex- ect Spring greens will become scarce. g‘hny ve been particularly plentiful and cheap most of the Spring season, but recipte fell off early in the week. especially spinach, increasing the price to as much as $1.25 a bushel basket. Kale continued plentiful at much cheaper prices. A change of & fraction of a_cent in butter prices, and egg prices continue unchanged, was a report of dealers of the condition of the two markets during the week. There were slight changes in_poultry , the chief change in- volving a slight increase in the price of turkeys, both alive and dressed. 'Receipts of turkeys-since the end of the Winter season have heen greater than usual and the demand has con- tinued correspondingly heavy, most of king of the barnyard fowls at this sea- son being used in hotels and restau- rants for salads and sandwiches. Pruit and vegetable displays con- tinued' to attract much attention 'of retailers during the week, receipts of watermelons and - cantaloupes -belng much heavier than last week and both fruits being of excellent quality. Retailers were on hand early this @ morning looking for the choicest re- ceipts of commodjties, many wanting first pick of vegetables that were re- ceived late yesterday or early this morn- ing. Many of the meat purchases, more especially those of smoked meats, were made yesterday. Prices of commodities this morning were the same as those quoted yesterday. Today's Wholesale Prices—Jobbers’ Prices Slightly Higher. Butter—One-pound prints, 4415a45%3; tib, 43%a441;; store ked, 30. Eggs—Hennery, 33a34; fresh selected, 33a34; current, receipts, 31, Poultry, alive — Turkeys, hens, 33; toms, 30; Sprin 40; large, 42a4f 30a32; roosters, 21; ducks, 15a20; keats, g, 60a85. old, 35a40. Dresse Turkeys, 38a40: Spring chickens, 48a50; Legohrns, 38a40; fowls, 37238; Leg- ?4‘;’::1" 34a35; ducks, 30a32; keats, , fresh killed—Beef, 22a25; v 23a26; lamb, 28a30; pork loins, 3la: fresh hams, 26227; fresh shoulders, 18a 19; smoked hams, 27a28; smoked shoulders, 17a18; bacon, 26, Lard, in bulk, 12; in packages, 13!5. “lee stock-—Calves, 15; Spring lambs, Wholesalers and commission “mer- chants continue to stress the necessity for care in the handling of chickens and eggs. Their reference to chickens is in connection with their shipment during the heated period. “There are some shippers who fail to exercise proper care in filling coops with live chickens,” commented a com- lon merchant, “and overcrowding means losses. “Shippers are more carefyl than for. ' merly,” he added, “realizing that suffo- cation of poultry means losses in dol- lars and cents. Very few chickens have perished in coops this season as a re- sult of the weather conditions.” . It was stated by the dealer that not more than a dozen fowls should be put in a coop for shipment. Twenty Spring chickens weighing from 1 to 1% pounds | and from 15 to 18 weighing from. 2 to 23, pounds, he stated, ought to come ‘through without any casualties. . In the matter -of safeguarding eggs, the dealer stated, farmers and poultry raisers who permit their hems to réam about in the open should eggs Several times a day an out in the hot sun should not shippéd. Demand for Poultry. - Dealers report a continued good de- mand for poultry, consumers using chickens in preference to certain meats during the Summer season. 2 Fruit displays this week have ‘been unusually attractive, dealers reported, including practically every variety found here at any season. The straw~ berry season has extended over a much longer .period than ustal, it is stated, dealers having anticipated a virt: closing of the season the middle of week. Thursday, however.- increased ship- ments of the fruit were received, some full ripe, and late in the day dealers gladly accepted $1 and $1.50“a crate of 32 quarts for them. Therée “were fairly plentiful supplies of the berries on hand this morning, prices being determined according ‘to the size and condition of the berries. Retailers goosel 1o the list of small fruits received the past few days, the lst of the small fruits also including blackberries, rasp- berries and cherries. . Increased quan- tities of the several fruits were offered the retall trade this morning, the Cali- fornia cherries, most expensive, selling at 30 and 35 cents a pound. Thurmond Grays, the Georgia water melon about which Ge ‘Wednesday varieties also are being Georgia and Florida, the fruit being of all sizes and of splendid 'quality. Prlc':s, as to size, ranged from 40 to 80 cents. Increased. receipts of cantaloupes from Florida, California, Arizona and other States gave local dealers about s many as they could handle this week. of the late receipts were fully ripe and had to be of ‘without delay. splendid condi -SATURDAY- '-yn.nmmhp-thumm | porte Al lual this JUXE 15.. 1929. 'that is not B(M A Supplies grapefruit have been com 33::, light the past few d.y‘lfi 'y have been heavy and $4, wl $4 and $4.50. OtHer Frait Receipts. Nerth Carolina growers have supplied local dealers with peaches this week. The fruit has not come in large quan- tities, however, and much of the fruit has been small. Prices ranged from '$2 t0 33,50 most of the week. Some particularly large-size bananas ceipts were fairly heavy, cealers re- led, and & wide range of prices was ey . Retailers sold the largest of | the fruit at 40 cents a dozen. i Alligator pears, grapes from Argen- | tina, pears from California, pineapples m apples were other fruits dealers to the trade during the week. Liberal receipt of tomatoes from Mississi] was the interesting feature of the vege- table market the past few days. Many | of the tomafoes from Mississippi, extra | large size, were so green that whole- salers had to hold them for ripening. Heavy receipts -weakened the market and lowered . Dealers also reported liberal receipts beans, receipts being heavy enough to weaken e market and lower prices. Receipts were from Mary- land, and South Carolina, prices ranging from $1.25 to $2.75 a bushel, according to variety and con- dition. Green corn is coming from as near as North Carolina, dealers reported, while Texas and South Carolina ship- pers also are sending supplies. Dealers report a decided improvement in the quality of the popular vegetable. Prices ranged from $1.50 and $1.75 for bushel hampers to $2.50 and $2.75 for Western lettuce crates of the vegetable. Moderate receipts of cucumbers, squash, carrots beets were reported the past few . Many of the car- rots are coming from the Norfolk, Va., section, the squash from North Caro- lina and Vi and the cucumbers from the same States. Peppers, eggplant, onions and cab- bage were reporied in light receipt the past. few days, while lettuce supplies were reported very light. Nerth Caro- Una and Virginia gro are mpPlylnl local dealers large quantities of new potatoes, receipts being heavy enough SOUTHERN DAIRIES’ NET. $144,488 for Quarter, | NEW YORK, June 15 (Special).— Southern Dairies, Inc., in statement to New York Stock Exchange, for quarter ended March 31, 1929, shows net, loss | of $144,488 after depreciation, interest, minority interests, etc., comparing with lll:;-’losl of $165,124 in first quarter of Consolidated income account for quar- ter ended March 31, 1929, compares a3 follows: 1939 1038 ey Sales. .. .. 32.403.300 $3313.720 Exrenses, etc. 21226828 2156128 Balance .. Other' income tal income 3198445 Depreeiation .. 1l 213883 Tiisiatary charger .21 Miscellaneous deductiony 4,541 Yoty amort of disc, cic. 35802 Net loss... $144,488 3 134 *Includes interest, amortizaton of dis- count, ete. . POTATO MARKET WEAK. CHICAGO, June 15 (#).—United States Department, of Agriculture.—Potatoes— Receipts, 47 new, 36 old: on track, 235 new, 84 old: total United States ship- ments, 1,120 cars; new stock trading slow, market weak: Southern, sacked, Bliss Triumphs. 2.30a2.60, mostly around i A S e barrel, Irish cobblers, 3.00a3.25; fancy hi r; stock trading slow, market about steady: Wisconsin, sacked, round whites. 1.0021.15; Idaho, ked, russets, 2.00a2.25. 1. T. & T. PROFITS. NEW YORK, June 15 (F).—The In- | Cem‘tlfl:l;! 'relep:nne'- & ‘l“ :]‘:hl Corporation earned net profit of $4.- 187,031 for the first quarter, to 3251 a share on 1670462 shares. This| compares with $3.408,374, or $262 a share, on 1302054 shares outstanding omMirch3i d08 Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutus! Bemeft Lite Ins. Co. 1520 K Street Main 478 First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. BUILDING ASSOCIATION 7th St. & La. Ave. NW, 62nd of Stoek T Money Loaned to Members on Easy Monthly Payments R A g ey 4% You get 7% on your investment in this 18.year-old common stock When you invest in Cities Service Common Stock at its present price, you get a net yield on your money of about 7%. -More than 130,000 people received the June 1 divi- dend on this strong stock, on which total dividends of more than $100,000,000 in cash and securities have ‘been paid in the last 18 Years. | trutes ||| 923 N. Y. Ave. i, Florids and South Carolina ||| to weaken the market and lower prices. | || Report to Exchange Shows Loss of Mortgage Loans STORY & CO. 812 17th St. Met. 4100 First Mortgage Loans Fair Rates of Interest J. LEO KOLB Dis. 5027 P!oney ‘l‘o l:‘o.n { on real estate. SeebT Wil B o | Consult Us First If you need money for vour Real Estate financing et us have your application today. > First Mortgages For Sale JAMES F. SHEA Prompt Service 643 Louisiana Ave. N.W. 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You can start your savings fund now with purchase of a Note as low as $100—the nucleus of an ever-growing sum ‘whose un- failing interest is assured through good vears and bad, by our record: Sixty Years Without a Loss To An Investor. " SWARTZELL, RHEEM & HENSEY CO. . MORTGAGE BANKERS 727 15 STREET N.w./ * '\ WASHINGTON D.C,