Evening Star Newspaper, June 19, 1929, Page 15

FINANCIAL. THE EVENING STAR, WASHINGTON, D. €, WEDNESDAY m*x: 19, 1629. FINANCIAL VEGETABLE SUPPLY | e o BONDS e |CONVERTBLEBOND | == | e [ mmems sy Received by Private Wire J. LEO KOLI? ‘BUILDING. ASSOCIATION ' . i - " Tth St & La. Ave N.W. i CISPLENTIFUL HERE| ~ wxmeemmmee . lrewosces 3 5.5 | [SSUES ARE STRONG st YOU CAN || swmygigusiewonm || First Mortgages Bal b ose ublic Service 8. 75 422 = . ’ 2 $tio atns % ks e E:V. FIRST TRUST LOANS INVEST Mooy Losnod 1o Musabess || For Sale . b ath 4} 17 9 903 r 001, 99 . s | . Ini ommission I . | | Market Is Overstocked With &% ‘.-.:";: REERUER R : %igi” Market Displays Continued f fev, 't an ity WITH on Easy Monthly Payments JAMES F. SHEA Heavy Shipments and ° FoREIGN. - o 935 Firmness—U. S. Group in ||| THOS. E. JARRELL €O. fIi* CONFIDENCE b K R R PRl ey i Realtors - DU t .3 Prices Tumble. : 2 3%, |Southwest Ben 6 214 102% Narrow Range. 721 10th St. NW. Main 766 S s a 69 |SWnd Ol NJbs4 100% & - e e FI ST o SurmrBatOriencere. |2 R MORTGAGE Helvy receipts of vegetables, many 3 06 95 95 | QiR - 4 BY CHARLES F. SPEARE. 6% | from d others from distant 9 pper 65°41. { . : PR Sy T | P B 8| mmasten a0 B g e NoThS e places, 9 market and sent prices downward. This | Australia 4%8 66 864 864 86l | 0RO 1 94 , Y H M | 4 g 6853.. 94 944 tereq further moderate improvement in DENO, 280 our Maturin ortgage was. especially true about corn and |Austraiis 65 1965 94y, @ pis | e DIEEeY. . 4 & b BB e e e e oy | MIBARONASS g rtgag Sweet potatoes. Australia 94% 9 9 U SRub 7138 1004 100t | s e A “Bweet, potatoes have been coming|Austria 7s 104 3y : : et et B e R s Sacpransiog l PROTECTED S e o, s e, Sy a8 T o %, 000 | DA o B 00 e e S s St | || | Complete o carent appraement o ranes || L ESTATE LOANS > remarked a dealer, “that shippers | Bank of Chile 6%s. 13 95% 9 Utilities Powr %8 4 a0 90 <L’" ;,»Nk_‘ 54 men. | R ik ave te Deely tugh ol 20 3 104 104 1041, | Vertientes Sus e P8 714 7T " aternational Telephone convertible | Investment ) | Nberally ‘glut the market, and prices | Belgium 75 1965... 16 107l 107 bideedich i iy 96k 961 [ 4128 mounted to & hew high American | - on_carefully sblact dropped to $1 and $1.25 a bushel, 16 105% 105% 105% | WAIWOrt § 9S4 B84 90| Telephone 4158, although not far behind | Se . proved real estute in Washington | o Nanéy Halls #elling As high as $2 i 5114 114 Weels ULten T 100w 101 {in the matter of volume, failed to rvice and its environs. | Heavy shipments of corn from several L7 109u 109w 109% | CERE e e 17 a9t | MAtch the gain in the othet. INSURED States in the South, chiefly from Nnrt.'l; 3 1:-{;‘\: 1;“;: 1;[;,‘: Wilson & Co 18t Aa. 29t 1001 | Convertible Group. against oss by Ave by standerd We Make First Mortgages on 9:5;"&‘"',"??};1'& %'J‘"fi%@“?f.'mfif“?n | Qo 09w 9ot | YOUNEStn S & T bs. 16 99% 1 "'“"f,:“{‘,{g;;“’", kf“fi"f{' hst’fl:n% insurance compantes. \ Homes, A’"mm:,‘,"i;'",fi;“fi P’?Tf‘dia"‘?fi?imm of Columbia splendid condition. There was more 7 914 a1 RAILROAD. especially of electric_light an aryland and Virgi > e 1 = 91y 9liy 3 gas companies. Brooklyn Union Gas 0. than dealers could handle, however, 1 8l 914 IR Lol L il LT e GrLeTr & C IRTERRER SHPSRE ARTIR OB b ) "‘,'h::‘::.‘;f;::.:fufu O ains 2 Lors 1050 10 | Atcmison aay 4s. 574 741 eral weeks at an advance of 38 points R BOSSMHELPS RANDALL H. HAGNER & COMPANY, INC. Bremen Stath 18, 2 100% 100% 100:; | Atchison gen 4s. . b above the last previous quotation. Only INVESTMENT BUILDING White potatoes also came in plenti- ERALY ?| Atch deb 4%s '48... 59 1194 118 %41 » few of these bonds remain to be €on- WASHINGTON, D.C. 1321 Connecticut Avefiue Decatur 3600 Mbytonpe LoaR Correspondent, Néw York Life Insurance Company J ul g6 faleppls, Kot s perihanle b Ghatabdt HiR-c1r 08 4080 4013 a8 the 410 §13 eleh moat B e o e ooy WI7KSL Main 9300 ?zo"'fiééfi :‘:; %?fia"’m‘:?’?’..&"mfi?'{‘t %‘hl S Tree 92" 0 ;:g:' displayed fair activity and firm- | | Parxine asa Jear ot e tor $3350 a barrel, No. 2 selling at $1.75] Chile¥a 81 » In general the tone was much better | among other _ vegetables received in |Con Pow Japan MR B v %1014 | Cigted further. Atehison Generel 4 ~EnmeteEh wanaNaan : | Copenhagen ¢% | large quantities and offered at low 2% 95 rose_another half point and Baltimore . . 3y prices. Peas from New York and nearby | Gobenhagen b ct N | & Ohio 4s did likewise, while con- 0_0 eratu’e ssn For a Safe Investment s A s e "41.50 of | Czecho 88 1962 0 siderable Srmness marked a number of qlll aole . 5 the squash a L nadg . 1, ilte 1 Rl LR N e 5 | o gy o i wigms e (||| REAL ESTATE NOTES uas| 5 7 3 Bkivh Ma . at O oere was %0 leniful that dealers | Denmark S35, 89% 09% 89% | Bkiyn Un E1 5350 (eited States Qoyernment And forelBn 1| ppsets o..oio.no,...85,51005168 Surplus & Profik...$1601,704.08 iadly accepted S0 Conte .25 n | DE 8% Mch 53 101% 101% |Can Nat 4% 30. it month the tsues of bongs || SubsCription for the 97th Issue of Stock Being Received Secured by bt Dutch East 168 63.. 15 102% 102% 102% & this S i & bushel, while kale sold at 50 cents a | g 0o 10 93 92% 93 have amounted to. approximately $20 . al " $ bushel: "Carrots and beets also were Fiatane bUs, Su a5y sew | Canada Natltnse 000.000. A very large proportion has | Save Systematlcany High-Class Improved lf’mpemes plentiful, the former "3'“9 d 4 cents | Finland Te 119 99% 99 9uma |Can Nordais1d been of a tax-exempt variety, in all | Competent Apprmsals cents and the Jatter at 312 an Framerican 7% 23 1041: 1041; 10414 | Canad North 7 about $85,000,000. A feature of the e E 0 bl 8 bunch. 4 in larger | Erench 7s. §4 1081 1081 105y | Canada South bs June financing has been the size of the | m thg qmta e u.am‘: :::;rh;:.“re;::\k! P g:a French 734s. . 13 1184 113% 113% . o mdnk::l\mlfi‘x:n‘;zsuuthrr le?u ‘;’ggxr ’2.50 Snd's0 S ornie ol $3 quarth Cutiorin | Qermas BIP 4. 4 02 22e 24 ] Bt T o HE Equitable’s plan of ays- ) 3 more plentiful d Ce Ga5sC’ 3 8 3 nds. 3 i i cher c;%ag:: s‘?;kpr:::r! small’l AR | Germah Baok 6 'L 91% 90% 90% Ce::r:nr‘cn\“. 5 L 54 | different bonds. PER ‘ter\'\atlc savings encourages Interest fities of strawberries to be had around | Greek 631968 8 841 4% E4aCentrai Pacific 4s.. s iy 89 Municipal Insues. SHARE thrift in a manner that if eon- | $5 a crate, and dealers had increased 5 08l 984 981 Cent Pac 18t 68 90 In spite of the fact that prices for sistently followed will eventually receipts of blackberries, huckleberries 5 100% Ches & O Corpn 58 9 municipal bonds are low, compared with £ ial ind Consult and raspberries to offer at lower prices. | Irish Free State 6s. 7 9 % (Cnes & O cv 44s. 3 9 99 |those quoted eatly in the year, there | lead to financial independence. Watermelons and' cantaloupes, re- |ltaly 7s.... 5 Ches & O gn 4% 9 9 9 osition on the part of States | Start now while you have a steady celved in fairly large quantities, were | [talian Pub § 7a Ches & O 4%s'93 A, 9 93w |and municipalities to pay the going | : s Gl . d 1 Ofered at prices ‘that have prevailed | Japanese 4s ChiB & Q 1strf 58, 34 108% | rates for money and continue with thelr | 53"““!] PO“Cb‘“ > ome in t“‘ t?‘ week. The canta- | Japanese 6348 2 ChI&E 1) gn 6§ 51.. 13 79% 7 4y | program of public improvements. The | us explain about our systematic gflu mmir?e‘t‘ gr:zh\;u-:'aeridedh- firm. | Kreuger&Toll §s et 9 S4 [ Chi Gt West 48 59. . 7 basis of yleld of the several municipal | lan, i o REATL Cofonin growers are furhishing local | Lyon és.. 3914 9 %, 28 a1 91 | issues offered this week is decidedly | plan. L ORS dealers small quantities of honeydews, | Marseille 8s - 9 @9 - 78 mnn1 n{!{;;‘n"' mdrhe :m";sko; tshl?nitl s first of the season. 8 was last nter and early in the Spring. | 915Fst Nw 809 15th St. N.W. Main 9486 is expected that shipments of | ¥ v 93 9 i ! A . N . . Main dews will become fairly heavy be- 9 2 q e 101 , e e elose of fhe week, the fruit Motor Merger Approved. | ? tupplanting shipments from Argentina. | & = 3 NEW YORK, June 19 (#).—Directors | ntina fruit is not as good as the & Hd Jof the Pierce-Arrow Motor Car Co. Sl prnis fruit, according to dealers, | & 100% 100% [ 5 547 have approved Studebaker's offer to % s shippers are unable 1o 944 95 34 92 exchange Plerce-Afrow class A for com with growers in California be- 99% 100 (ChiRI& Pac44s.. “ 9 Studebaker common on the basis of "“‘, expense of shipping. 101% 101%,| ChSItPM&O 6s '30.. 7 2, “A" shares for 1 of Studebaker. O alers. reported business only taisly | Norway fe134 4 101% 101 10058 | ChSLEN&O 68 30 9 85| The ntter"company owns all f Plerce- brisk this morning, hot weather prob- | o iy Bl L hey P | 9 9 oW's ] stocl come effect upon the buy- e 5% 85% fi m of most commodities this | Paris-Ly-Med 14 100% 100° 100 |ChiUnlon Bta s dd, cEiba ket A TUR. 1N morning were about the same as prices ( Pers 65 1960, 25 85% 854 854 |Chi& Windends.. & Union Pac 1st4s... 17 82% 921 92 2 Clev Term bs Union Pac 434867, 1 87 97 fepotted yesterday. oo dett o Virginia Ry 1st6s. 88 101% 101 yes! . utter—One-pound rints, 45846 | Peru 7s. 2 100 100 100 = = 4 v o 7 #ub, 44845 store packed, 30. Pirelli 78 ‘63 59 142% 140% 140% | S - 3 . 12t Eggs—Hennery, 34a35; fresh selected, d 90 8 LR T Prreg s : - 79| Wabash 18t s 2 100% 1004 34a35; current receipts, 31a32. 4 St 97 -} SHDBNEERIMETS Wabash 53875, . 12 103 108 Poultry, alive—Turkeys. .hens-o i 3% 103% 103% | pe) & Hud 7s 30. y Western Pacific 58. 4 97 85% toms, 30; Spring chickens, large, 40a43; % 1064 1C6's Wis Cent gn 4s'49. 1 764 76% small, 34a35; Leghorns, 35; flowls, 28a | Q 24 101% 1024 . 1 1 7 i $0; roosters, 21; ducks, 15a20; keats, 3 105 105 9 O ath: | cld. 3840, Dressed— | RhineWst EP Loans on Autos %. 38a40; Spring chickens, 1arge. | RhineWst EP E % . 80 45850 -small,. 40842; fowls, 35236; uET RhineWst EP 7&’ 100% 100 9 7 7 Quick Service— horns. 30; fowls, 37a38: Leghorns, 30; | Rio deJaneiro 63%s, 7 93 93 '98 . Confideatial 3% ducks, 30a32; keats, a;éon. 2a28; vibl, 1 E lgg‘l: xg;n Erie Genesse 1 . 1 Our Only Charge Meats, “Beef, 2 Fia ! . : ;i ki 2326; lamb, 28a30; pork loins, 31832: | Rio Gr Do Sul 8s... . S 105% 105% 105% . anl UNITED LOAN CO. (Bonded) | fresh ham, 26a27; fresh shoulders, {:; ROMO 6480 veeeey 7. 88% S5% 88% & . Retslyn; Vivginla « . 1s. Smoked hams, 27228; 1:‘;. n Paulo 8s 183 1105 105 105 N D. Phone West 2020 L ders,. 17a18; bacan, 26; Sao Paulo 1950 1034 103% | Great North 58 bulk, 12; 4n w?tfl 183, Sazon (P | Great North § Live stock—Chlves, 13! Gpring tambe, Sein Great Nor gen 18 Sty 7 |HavEIRy6s52 Hav EI Ry §%s 61 Hocking Val 4%s 108% 1034 | Hyg & Man ref b1 103 103 11| Cent ret 4 . 1083 1084 T upplies moderate; de- | Tokio 5% 4 1981. 853 8514 | Fht Cans axt s 6 market steady: Cali- | Utd Kingm 6%s37. 10214 102% A w0, 4b, salmon tinis, 450a | Utd SteamCopen 65. 29 5% 4% 954 | 11| " Con il g 475; jumbos, 488, 4.7525.00; jumbo 27s, | Uruguay 6s 1960, 7 ™ 96% 987 yn: Ranid Tran b 400a4.50; jumbo fiats, 9s, 115 and 12s, | Uruguay 106% 106% 1508175 L Balnn Lettuce—Supplies of Western stock " El'alint & G Nor1st 6s.. moderate; demand light, market dull; | Yokohama 98 93 | Int&GtNor adj 6s 63 P R fl’?néfi\b‘igefiyfifipfii MISCELLANEOUS. InCRys C A 68 73.0: 8308700 » [T TorR= =P PP Ne.1 in a series of messages to investors A Safe Investment for trom the President of §. W. Stravs & Co. vour SURPLUS FUNDS moderate, market | Abram&Straus §34s 24 1074 106 Int Ry C Am 6s 41., oderate: o e G IntRy CA6%srct. 12 95 95% 95% ks Weaker: New York, 2-dozen crates; big ™ 3 Iowa Cent 18t 6s... 11 38 w0 : 80; fatr quality and con- i w91 fer. %% o RE has been so much disctssion, on Boston type, 15 qu , A 7 Kan City Ft 8 4s. Y ; ey, Guarane i 1 recently, , 1.18. K [} O oni Supplies moderate; demand AmAgriChem T%s e e i Yeatiinron, & the subject of speculation, that attention has been Hght, market, steady: stand- | Am Chem S 1014 101% | 1 ehign Val en 4s. B Am Int Cor . 102% 102% 1a H 4 S 488, D, B.°NO. | s NatGase¥was 598 78 78 | LORISANAAN unid 2 P SR completely distracted from that important elass of in- .Pelchép—‘stup;:llfi ver)ytuurg:t:cifi;?:’ :;S;::l;:g.xf-: s 8 lggh 199% | Man Ry 16t 48 5 6% carns Boc per nmu:, with v s 26¢ Ve, e e i ;| Am T&T cv 4% 5392013 1274 1274 5 X 84 Interest estors who de beli and cannet be mad @s, early ross, very small size, 2808 ptirely secu »y our 2.35; few sales, 250 . o e ; 6% “;;:n T believe, in risking their principal. ‘Potatoes—Supplies of old stock mod- o dom 105% Totw | MscrassMen o demand _light, market Qul T S T st *We know there are many thousands of thrifty, eare. . 150-pound uckza a\:sset 8 aszlx;&ssmn.a‘:w 4 uomhlz p;z;flmu i 7. 8. No. 1, mostly 2.25; Maine, 3 4 StP & SSM 8%s, esi P ri 3acks Green Mountains, U’ | 10 1004 | 4 . . { ful men and women, who are looking for the highest tock-—Supplies 5 5 d for Booklet, s i 8. No.1, 2350250 New ciock—SuppLes | Armour Dol & s sou : e St e Rnachy S income consistent with safety of prineipal. It has been slightly weaker; North Carolina and B . o1 | Mo Pacfic gen 4a., b L 1 " cloth-top | Bell Tei Pa és B 102% 102% | Mo Pac bs A 85..... & ) our privilege to serve a large number of these prudent 3.75, mostly 3.80. oA i a|MeTaAsE g8 38 s MORTGAGE & GUARANTY investors. Many of them bring all their funds to Stra . ge- | Bethlehem Steel 6 1084 103% | Mo Pac 5%s 43 evt 16 Tomatoes—Supplies moderate: de- | Bethlehem Stes Pl iote mand light, market weaker; Mississippl, su.?“m:"gm:‘ T Mont Trm ref 5s 41. 5 9 cnnnmm for investment; many have been exclusive clients ot and turning, wrapped, NO.| ool Tragi arets % 764 NRM4%s6lasst. 1 Captal Resources $3,400,000 Straus for twenty years and more. fours, ripes 1, 1.1041.26; g\r (‘;x\xx)lflty‘ and :1?0:“1!(;::1. Rite Gonoe \ S0, 95 |NOTex &Ml : Sou arolina, xes, ", Hidy :-rr’wped‘ choiee. count, over- o ovaat e e 83 ain - g 24 JACKSON PLACE | Tipe, 15082.00; Georgla, sixes, ripes, | coR IR RYEL it 9 “KsO? - 'Some of them invest $1,000 or $1,500 at one time; " wrapped, fancy count, 2.00a2.50; choice | Son Gas N ¥ 6348 106 105% > count. 1.5082.00; 216s, 125. uba Ca b 60% 60 : 1084 Others have much larger sums to invest. ‘Watermelons—8upplies &hebml'. g"- ¢ 100 100 |1 | g;w te, market about stea b 3 Drtia Tam Watsbr B 05" 101 101% | I was glad to report to our stockholders that 5. W, For July Florida, Tém Watsons, 32 pounds aver- T 106 10714 3 104 1008 104 ; ; . 85a75; 30 pounds average, 60. Hed 100% 100% | N 3 4 1004 3 . ¥ Siring beant -Supplies liberal: de- 8" 95 95 |NewHaveniisss. 0% STRAUS & Co. has just finished the biggest May in its nvestors 4% 3 mand light, market weaker; North Caro- | gast Cuba Sug 1% 8 ! ew Haven 345 B 2 est, 2:00 NY NH&H db 48 67. 1 4% 75 Tina, bushel hampers, @een. best, 20, 5 103 SEL 264 70 You get 7% history, and that the first five months of this year show One of our officers will be glad ’ P NY NH&H db 6 123% 12 . ygm% 5-peck hampers stringless, g:: S‘n’v‘,l::g:r . LR LL i iy on your investment | a lflfl‘fifl! inerease over the same P"'hd a year ago. :nflnh with.yu and help you o 1 derate; de- | Goodrich 6 106% 106% | N H 1 e eiebdy: HorthiDaro-i| Gosaveussam A 91; 97i | NTStateRy 0} 6i. in this 18.year-old . “This record, a record that I am very pround of, indi. for July iavestment. Call and lina, bushal hampers fapcy. 20080 0, | B O R §is. 11 100% 100% 100 .common stock o clearly that not body, by any.m consult with us, o, if you prefer, Bquash- upplies B . slow, market weaker; very few sales; | ;o1 part 10t 102% 102% 3 a S oo s » DY ALY MEANS, gy for imvestment literature Hial Bk e 14%8.. 1 i s“ hen Y"(';lo'""“‘ lg CTen has been carried away on a wave of speculation. And and our booklet, “How to Invest bpers—Bupplies light: demand lght, | 1A.20% Hadid o | 90400 |ff Service Common Stock at Money.” Mention the type of do- nchet weak | Florids, Depper Crates, | (nIGarnCt oy 25 Ore Wash lst 4s.... its present price, you get it also proves, I believe, that we are making a sound ", L0 <O S O LRy s i el e a net yield on your money appeal 1o more and more of these thrifty, conservative interested, and specify Eggplant—Bupplies light; demand ¢ Pennsyl gen 434 9 s £ ab 7 light, merket steady: Florida, pepper | Peane R RANS 2 of about 7%. o investors every year.” erates. faney, high bush, 3.00; fair| %s. 5 924 92 92% | Pennsyl gen b 0 quality and condition, 2.2532.50; few ; 138% 126% | Pannsyl 58 6 w 102 More than 130,000 people low a5 2.00 | e 104% 104% % S 7 5 recéived ivi Corn—Supplies liberal: demand light, | Kendall5s's8 war 9l Hiw dent . tl}:-e s LR market weaker: Texas, bushel baskets, | Sz 0D 934 984 end on this strong ‘stock, on which total dividends 2.00: fair quality, 1.50; Alabama, crates, 2 % 1021 1023 of more than $100,000,000 best, 2.00; fair quality, 1.75; North &M 100 100 in cash and securities h; e PRESIDENT, 8. W. STRAUS & €0, Cardlina, crates, 1.2582.00; truck re- 105 105 celpts, burlap bags, 15a25 dozen; Flo- 8% 8% been paid in the last 18 years. rlu& bushel crates, mostly around 2.00. 106% 106% t upplies moderate; demand | Louisv G & K 68 53, £ 100% 101 |RIArk& Li%s. INVESTMENT SECURITIES # v ’ 4 INCORPORATED moderate, market steady; Florlds, boxes, | yypeyigug st 7% 90 90 [StLIMaSs29 929 FIFTEENTH ST. N.W., WASHINGTON, D. C. No_ 1, 3.50a4.00; No. 2, 3.00a3.50, Midvale Steel 98 93k | St L IM&S R&G Grapefruit—Supplies very lient: de- Po % 100% 100% | St L &8 F'pl 48 98 98 Telephone National 5925-6 BSTABLISEED IN 1888 BOOKLET 624-G mand light, market steady; Florida, boxes, No. 1. all sizes, 4.50. S oo B3k ‘Blackberries—Supplies very light; de- " gBM 96% mand moderate, market steady; North | Gat PRUT PHE: -2 kel Carolina, 32-quart crates, . 3.5025.00; | N7 Easson 83 en .. aebine mostly around, 4. % 98% 99 ke N 105 105 snbALeo;niu .. 3 L T'% 10974 1097 |S B All Fla 68 A. FOREIGN EXCHANGE. North Am Edis % 994 [ Sou Pacelt 4n (Quotations furnished by W. B. Hibb:i & Co.) | No Am Ed 648 '68 100 100% | Sou Pacific ref 4 Nominal mg'aemrl\;dof“‘ Nor Ohio Tr & L 99% 934 [ Sou Pag 48 rots ondon. pound. .. .54 8068 i Nor 8ta 4 99% 99 99 |Sou Pac 415860 wwl 5 e 193 12 | Nor States Pow 68. 5105 105 |Sou Ky wen u : s | Sou Ry Con bs 100% 109" [ sou Ry 638 1024 10214 | Term Asi 108 1 108 97% 97% 98l &0 8% - RO ROO TR SeabAL ad) is 30 s B nans wERoSan ~