Evening Star Newspaper, December 13, 1929, Page 13

FINANCIAL. Real Estate Investments JAMES Y. PENNEBAKER Nat. 5291 1520 K St. N.W. THE EVEN NG STAR, WASHINGTON, D. C., FRIDAY, DEC BONDS DEPRESSED First Mortgage -Loans for, 3, 5, and 10 year periods on houses, apartments and busi- neess property in Washington, nearby Maryland and Virginia Randall H. Hagner & Company, Inc. 1321 Conn. Ave. N.W. Decatur 3600 Mortgage Loan Correspondent New York Life Insurance Co. FIRST MORTGAGE NOTES The outstanding non- Ahrinking investment —always fulfills your expectations. Full 67 Yield ISHANNON,;& LU(;_HS 1435 K St. N.W. Nat. 2345 THERE IS NO LOSS —of principal or curtailment of alvidends in ‘these high character investments. Because Guarant; mortgage notes and bonds ire amply Secured on 'Da: fne Droperties in Washing- suburbs _and our $3,400,000 first N 6% ‘Why not invest some of your Christmas money to earn 6% in these safe notes and bonds? Available in denomina- tions as low as $250, with short maturity. May be 6% 6% g:;:::nu: on monthly J Send for Booklet, “The Success Plan” REALESTATE MORTGAGE & GUARANTY ' LORPDRATION « Capital Resources $3.400.000 24 JACKSON PLACE 1929 Reo Sport Coupe Like New $1,285 iy more, equally as active, on our floor DICK MURPHY, INC. 1835 14th St. N.W. Continental Trust Co. 14th and H Streets Capital, $1,000,000.00 Checking Accounts Savings Accounts Acceptance Credits Time Deposits Foreign Exchanges Commercial Credits Travelers’ Credits Travelers’ Cheques Collections Real Estate Loans Collateral Loans Investment Securities Corporate Trusts Individual Trusts Adnministrator, Executor Safe Deposit Boxes Continental Trust Co. 14th and H Streets WADE H. COOPER, President Capital, $1,000,000.00 | extras, U. S. Issues and High-Grade| Rails Quiet—Foreign Group Lower. EY F. H. RICHARDSON. NEW YORK, December 13.—The downward movement was resumed on today's bond market, but trading was not as heavy as on Thursday, and the recession was slow and orderly. Con-! vertible bonds, under the influence of the higher stock market opening, shot rapidly up to their highs of the week, and then receded as fast when stocks declined. ‘The stock market exercised some in- fluence in the mortgage list, in that buyers at recent low levels were inclined to take profits. Also there was an amount of seiling necessitated to hold up margin accounts. But this was readily absorbed, and since bond prices in the past three days have again reached profitable levels for purchase, there was some buying, on which a few issues recovered lost ground and a few made gains. The increase in brokers’ loans was not followed by a rise in time money, although the approach of vear-end re- quirements has caused a slightly firmer demand. This, also, has had its effect on the investment market. Traders predict continued irregularity in bonds until after the new year. U. S. Government issues and the high- grade group of rails, industrials and public utilities were quiet. Atchison general 4s, New York Central 51 and Columbia Gas 5s were fractionally higher. Liberty bonds were strong. ‘There was some activity in the trac- tions at slightly lower prices. Oil bonds shared the weakness, Pan-American Petroleum 6s dropping a point, €olon 6s nearly 2 points and Philips Petroleum 5%s a fraction. Declines of a point or more in the second-grade rail list were general. Chicago and Great Western 4s were an exception, up 1 point. The foreign list was again quite ac- tive compared with the domestic section. Brazilians continued their recession of Thursday. On the other hand, Peruvian Colombian, Uruguayan and Bolivian bonds were fractionally better. German issues were quiet pending settlement of the cabinet crisis. but what sales there were showed a firm tendency. Other European descriptions were irregular. French rails were strong. CHICAGO DAIRY MARKET. CHICAGO, December 13 (#).—Butter weak; receipts, 8,262 tubs; creamery 361;; standards, 3612; extra firsts, 35 to 35%; firsts, 331 ‘to 341, Eggs steady; receipts, 4,684 cases; prices unchanged. . Eleven Seek Memberships. NEW YORK, December 13 (4).—Ap- Pplications for 11 proposed new member- ships in the New York Stock Exchange are pending before the membership committee. Most of the applicants are seeking membership through the trans- fer of rights from present members. SILVER QUOTATIONS. NEW YORK, December 13 (/).—Bar sllver, 49; Mexican dollars, 36Y. Washifigton §tock Exchange SALES. Anacostia & Potomac R. R. 58 guar.— $1,000 at 9015, Capital Traction 55—$500 at 921, $3,000 at 927, Washington Gas.5s—$500 at 9914. ‘Washington Gas 6s A—$500 at 102, $500 at 102, $100 at 101. ‘Washington Gas 6s B—$100 at 1023, $100 at 1027, Wl;gl;l/h‘lgwn Rwy. & Elec. 45—$1,000 at Potomac Electric 5% % pfd.—5 at 104. Federal-American Co. com.—50 at 32. AFTER CALL. Commercial National Bank—10 at 255. Anacostia & Polomac guar. 55—$4,000 at . Washington Gas 55—$2,000 at 99%;. Washington Rwy. & Elec. 4581000 at 84. Washington Gas 6s A—$300 at 101, $200 at 101. Federal-American Co. com.—50 at 33. Nuteo‘nal Mtge. & Brokerage pfd.—50 at 4. Bid and Asked Prices. BONDS. PUBLIC UTILITY. IN HEAVY SELLING UNITED STATES. 99 5 10025 10113 99 26 99 26 104 50 107 28 11128 Lib 4th 4%s 515 10117 US3%s43. 3100 . 4100 126 104 30 310 108 4%852. 313 11180 FOREIGN. High. ysty u8ly $8in Low. Close. [T Y8l UBle Y8l 4ty 95 Sal Argentine 6sJu 69. Argentine 65 UCt 69 2 Argentine May ‘61. 52 Argentine b1 8'62.. 1 Argentine 6s A. Argentine 6s B. Austraila 4%s 56, Australia 63 1965, Australia bs 1957, Austria 7s. .. 5 Bank of Chile 6%s.. Bank of Chile 6%s.. Belgium 6s. Belgium 6%3.... Belglum 75 1966 Belgium 7 1956 Belgium 7% Belgium 8; Boltvia 7s Bolivia Bordeaux 6s. Brazil 6% 1 Brazil 63s 1927 100% 100% Bremen State 7s. Canada 6s 1931. Canada 5s 195! Chile 63°60. Chile 6561, Chile 78 1943 Chinese Gov Ry 5s. Colombia 6s Jan ‘6 Copennhagen “openhageh bs ‘zecho 83 1951 Czecho 8s 1962 Danish Munic 8s A. Lanish Munic 8s B.. Denmark ¢%s. Denmark 5%3 '65. Denmark 6s...... DEL 6%s Mch 53 Duten East 1 6s 47 1 3 100% L04'g 101% 101% Finland 7s. ... Framerican 7% French 78 French 73%4s. German Bank 6s '3 German E1 P 638, . German 7s. Ger Gen Elec Greek 63 1963 Hait 6s. Hungary 4 104% 110% 117% 8414 91% Karstadt 6s 1 o 4 ireuger&To't bset 1 86% 100%9 Norway 6%s Norway 63 1943, Norway 6s 1944, Norway 6% 195 Orient dev 63%s 68 Paris Orleans 5%s Paris-Ly-Med 6s. Paris-Ly-Med 7 Peru 63 1960 Peru 651961.. Peru 7s. Poland 65 40. ... 'oland 7s (rets) 2 Rio Gr do Sul 65 48. Rio Gr Do Sul 8s. Rome 6%s. Sao Paulo 8s 193 Serbs Cr Slav Serbs Crot Slo Swiss 538 1946.... ‘Toho El Pow 7s. Tokio 5s. Toklo 6%s 1961..., Utd Kingm 5%s 37. Utd Setam Copen 63 Uruguay 63 1960, Uruguay 8: Vienna 6s 77 96 MISCELLANEOUS. Abram&Straus 6%s 16 101% 100% Alleghany Cp 68’44 48 101 1004 Alleghany 6s 49 wi.105 1¢1% 100 AmAgriChem 7%s. 30 103 Am Chain 6533, 5 96% Am Chem b%s cv 49 18 104% Yokohama 6s. $5% . Capital Traction 9314 City & Suburban 82 100 100% Gas 65, B Rwy. & Elec. 4s 5 ‘MISCELLANEOUS. Barber & Ross, Inc., 6ls. Cham.-Vanderbilt Hotel 6! Chevy Chase Club 5! Wash, Cold ock’ Ld. W, Storage s: Wash. Cons. Title €s. STOCKS. PUBLIC UTILITY. Amer. Te] T ct . Federal-American x TRUST COMPANY. American Security & Trust Co. 530 ust 153% e Security Savings & Commerci Beventh_Street United States. . Washington Mo s o FIRE INSURANCE. Fircimen's National Union . TITLE INSURANCE. Columbia _Title. .. Real Estate ..." Title & Inv. of Md. com. . MISCELLANEOUS. Barber & Ross. Inc., com. Chevy Chase Dalry ptd.. Columbia Sand & Gravel Natl Co. pfd. s 1% extr ‘There are 2,330 ta: ers dn Amerl- can Samoa. S AmIntCorb%s49. 4 Am NatGas 6%s42. 4 AmSmIt& R 1stbs 17 ! Am Sugar Ref6s... 17 Am T&T cv 438 391703 AmT& T cl tr & 2 o 1 Associated Of] 6s, Atl Gulf 68 59. Atlantic Refin 6 Bell Tel Pabs B.... Bell Tel Pa 65 C. Beth Steel rf 6 © » o B 00 S e e 1o N e i o1 alaa Gen Cable 6%s 47.. Gen Mot Ac Cor 65 Goodrich 6%s. ..... Goodyear bs rets. .. Hoe & Co 6% Humble O1l bs. ... Humble O & R 6% 111 Bell Tel Inland St Intl Cement 5548 Inul Mateh bs 47 Int Mer Mar 6s. Int Paper 68 47 e =8 103% 112% 105 9914 W 107 110% 10154 99 1024, 105% No Am Ed 6%s'62. Nor Ohio Tr&L 6s. Nor States Pow Nor States Pow Pacific Gas & Kl by 1 1 106% 16 1024 102 @BONDS STOCK EXCBANGEI Received by Private Wire Direct te The Star Gffice s | Gr Trunk st db | Mob& 0 4% Sales. High. Low. Close. Pac T & T bs62. 3 102% 102% 102% Pan Amer Pete 6s.. 7 104 1034 Paramount 63 1947. 8 Pathe Exchange 7s. 12 Phila Co 63 6 . 47 Phila & Read 6549, Fhilips Petro 6% s Por Ric Am Tob 6s. Postal Tel & C6%s. Pressed Stl Car 6s. RemingtonAr 6s ievn RnA %8 wi Richfield Ofl Sinciair O11 6s 94% 94 9% 954 9314 98% 997 % 100% 101% 101% 974 97 54% 9% 94 94 10214 101 108% 103% 103% 102% 97% 97 101% 101% 98% 984 95% 95% 84 B3 5 100% 1001 2100 99w Sinclair Crude Sin Pipe Line s, Skelly Oil 6%s South Bell Tel 5t Southwest Bell bs. Stand Ofl N J 46 Stand OII N Y 4% Tex Corp cv s 1944 ‘Transcontl O1] 6%s United Drug s 63 U'S Rub 1st rf 6 1] S Rub 7%s. Utah Pow & Utilitles Powr 5%4s. Walworth 63 *45 Walworth 6% War Quinland “s 39 Warner Sug 7s 41. West Elec bs. Westn Unfon 6s 51. Westn Unifon 6%s. . White Eagle O 6%.. Wiilys-Ov 6%s 33 Wilson & Co 1st 6s. Win RepeatAr 7%s 2 103 103 Youngstn S& T 5s. 13 101 100% RAILROAD. Atchison ad] 4s. AS&SF cvt 45 05 Atchison gen 4 Atch deb 4148 Atl & Dan 1st 4s Atl & Dan 24 4s 48 Atlantic C L 1st 43. AtlanticC L 4s. B & O Gold ¢ 102% 102 102 1091 109% 100 100 100 100 100 99% 99 987 1021 102 102 102 104 10314 109 109 86 85% 91% 91% 98 9TH 45 42 87 86% 951 94% 9% 97% 944 93% 9414 93% 100% 1004 ! 111% 111 54 B4% 981, 10214 101% 101% 101 107% 107% 100 9914 9% 9% 1024 1024 B&O PLEWY Boston & Maine Brdway & 7th Av 5 Brooklyn Elev 6%8 Rklyn Manhat Bush Term con 5i Can Nat 43%s 64. Can Nat 4%« 68. Canada Natl 58 Can Nor 7s. Can Pac del Can Pac 4%s 46. Can Pac 58 '44 rc Car Clinch & O bs. . Car Clin&Ohlo 6s 62 Cent of Ga 6sC 69.. Cent Pac 4s . Cent Pac 1st 68 90 Ches & O Corpn Ches& O4%s93 A, CB&QII3%s.... Chi B&Q gen 4s 63.. Chi&E Ill gn 6s 61.. Chi Gt West 4s69.. 38 Chi Ind&L ref 5s. CM&StPGen8d.. 29 Chi MIISP&Pac5s76 6 CMSP&Pac adj5s03 124 Chi & NW gn3%s.. 5 Chi&NW 4% s 1987, Chicago N W 4%s..207 Chi & NW ref 58 : 86% 864 927 92% 3% 3 % 1% 100% 100% ! 100% 100% 105% 1051 101% 101 76 6 958 95% 93% 934 1001 100% 98% 97 104% 104% 103% 103% 115% 1156% £8% RSl 104% 104%, 96% 96% 107 107 9% 98 73% T3% 81% 81% 103% 103% 101 934 9214 894% 9% CCC&StL4%s B Clev Term 5 Colo & Sou 434 Cuba Nor 6%s ¢ Cuba RR 6s. . Del & Hud 5%s. Del & Hud 7s 30. Den & Rio G cn 4 D Rio G West bs. DRG& [2 Det United 43| Frle 1st cons 4 96% 96 101t 101% 65 53 104% 104% 110 110 105% 105% 108 108 5 110% 110 98 97% % 17 97 96% 9% 9% 881 88% 99 981 63% 62 62 Fla East C 68 7. Gulf Mo 58 B 60, Hud & Man aj bs. Hud&Man ref b 111 Cent ref 4i Int Rapld Trans Int Rap Tr 6s stpd.. Int Rapld Trans 6s. Int & G Nor bs 1956. Int & G Noradj 6s 6 Int RysC A 6s73.. Int RysC A 6%srct Kan City F't 8 s, Kan City 8 3s. Kansas City S 6s. .2 Kan City Term ¢ Lake Shore ¢s31... Lehi Valcn 4 . LehiVgen 4%s 2003 Long Ia 53 37 Louis & Na: Louis & Nash 6%s. Louls & Nash 7s. Mill El Ry&Lt 4%8 Mil El Ry & L 68 61 99% 9974 M StP&SSM en 4s. . 884 88% a. 99% 99 86 86 99 99 88 87K 941 94u 101% 101% 6% 5% 1014 101% 281, 8B 103% 103 99% 99% 99% 9914 109 108% 96% 96 9T% 9T% 89 89 99 99 105% 10414 1054 105 99% 97% 96% 96% 106% 106 101% 101% % 174 84% B4% 94% 76% 5100 100 88% 88K 99% 99% 88 88 94% 76, 108% 103% 105% 105% 100% 100% 99% 994 M StP & SSM 6%s. MK & T 18t 4 MK&T 4%878... MK&TprinbsaA. Mo Pacific gen ¢s. Mo Pac 6s A 65, MK&T4sB M K &T adj bs. Mo Pac 6s F 17 Mo Pac 53 G 78 Mo Pac 538 49 evt. N Y Cen deb 4 NH NH&Hart 4%5 NY NH&H cv db N Y Ry 6s65. Ry Nor Pac 3s 2047. Nor Pac 4s. B Nor Pac 4%8 2047.. Nor Pac rf 6i s M Orden&Lake Ch ¢8. Ore Short Licn 6s. . Ore Wash 1st Penna con 4%s Penna gen 4 %8. Penna 4%s 63. Penna 6s 64 Penna 6%s. Penna gold Pa Ohlo & Det 4% Peo & E1t 4s 40 Pere Marq 18t b Philippine RR 48 Port E1 P L 6s. Reading gen ¢%8 A RI1Ark& L 4% Stl, IM&S gn StL IM&S R&G 4 8 112% 112% To% 76l 103 108 89 89 100% 100% 98% 98 98% 984 103% 103 109% 108% 103% 103% 2 28 |SIL&SFpldsA. [ 102, Seab AL ref ¢8e. SIL&SF4Y%s St L& S F or In 6 101% 101% SIL'S W con 48 32.. 18 984 7% SILS W6862....0., 7 99% 994 StP & KCShL 4% 1 -94% 94% 94 8 b1 bl & | MARINE PRODUCTS DEMAND 1S LARGE !Wet Weather Interferes Somewhat With Trade at D. C. Market. Wet weather early this morning de- layed retailers in their visits to the wholesale district and Municipal Fish Market. There was the usual increased demand for marine products for the Friday dinner and week end trade reg- istered, according to reports of mer- chants, and supplies were greater than demands. Receipt of fairly large quantities of fish from the nets along the Potomac River below Alexandria gave the mar- ket much the appearance of the Spring season, the chief missing of the Spring not in evidence being shad and her- ring. Quantities of both white and yellow perch, Winter shad, roach, rock, sun- perch and other varieties of fish to be found in this section of the river were among the receipts. Dealers also had reckfish from the Potomac. Oysters in Demand. Oysters, not so plentiful, were in good demand, both shucked and shell stock, and retailers also demanded shrimp, scallops and crabmeat. The Biloxi, Mis: crabmeat, in greatest demand, was quoted at 75 cents a pound, re- ceipts from Maryland and Virginia sell- ing at 50 cents. Lower turkey prices was the inter- esting feature of the poultry market, suggestive, according to merchants, of still lower prices before the beginning of the heavy trading for the Christmas holiday season. Chickens also were more plentiful and cheaper, Receipts the past two days were so heavy, it is stated, that some haulers refused to accept low prices of- fered and returned their shipments to' the country to hold them for better prices. ‘Wholesalers also reported the receipt of large quantities of ducks, the prices for which seldom undergo much of a change, Keats and geese were not re- ceived in such large quantities, but re- ceipts of all varieties of poultry were more than ample to supply demands. Commission merchants and dealers on the farmers’ line had supplies of fruits and vegetables this morning to offer the retail trade. Receipts on th~ farmers’ line were very light, howe due to the continued wet weather, but in- creased receipts tomorrow probably will be greater than the demand. On the commission merchant line there were immense quantities of fruits and vegetables of every kind and de- scription, received from Mexico, Cuba and several sections of this country. Florida strawberries, said by dealers to be as large and in as good condition as any ever offered the local trade, was the day's show fruit. A week ago the berries were quoted as high as $1.75 a quart box, while this morning’s show fruit was offered as low as 75 cents. Pint boxes sold at 40 cents. Probably the most interesting feature of the day’s market was the appreciable drop in the price of butter, prices dropping all over the country. It was said by dealers that the drop probably resulted from the fact that immense quantities of the dairy product in stor- age have not been moving very rapidly this Winter, Prices of most commodities this morning were about the same as prices quoted yesterday. Today’s Wholesale Prices—Jobbers’ Prices Slightly Higher. Butter—One-pound prints, 4015a411%; tub, 3915a40%%; store packed, 30a32. Eggs—Hennery, 55a56; fresh selected, 53a54; current receipts, 48a50. Poultry, alive—Turkeys, young hens and toms, 28a30; old ‘toms, 26a27 Spring chickens, large, 24a25; medium, 23a24; broilers, 28a30; Leghorns, 22a23; fowls, 25a26; roosters, 20; ducks, 15a20. Dressed—Turkeys, young hens ana toms, 36a37; old toms, 33a34; Spring chickens, large, 32a33; medium, 32a33; 4 broilers, 35a36; Leghorns, 28a30; fowls, 28a30; ducks, 28a30; roosters, 23a25; capons, 40a45; keats, 70a80. Meats—Beef, 20a22; veal, lamb, 24a27; pork loins, 22a25; fresh hams, 20a22; fresh shoulders, 18a22; smoked hams, 25a26; smoked shoulders, 24226 in_packages, 12. Live stock—Calves, 15; lambs, 12} al3. Fruit and Vegetable Review. The daily market report on fruits and vegetables, compiled by the Market News Service, Bureau of Agricultural Economics, says (sales to jobbers except ‘where otherwise noted) : Apples—Supplies moderate; demand light, market steady; barrels, no sales reported; boxes, Washington, extra fancy Delicious, medium to large size, 3.75; bushel baskets, Pennsylvania, U. S. No. 1, 2% inches up, Northwestern Greenings, 2.25; Yorks, U. S. No. 1, 2% inches up, fair condition, 1.50; Black Twigs, fair condition, 1.75; Virginia, U. 8. No. 1, Grimes, 2'% inches up, slightly slack pack, 2.00a2.25; U. 8. No. 1, 2% inches up, Staymans, mostly around 2.00; few fine quality, high as 2.50; U. 8. No. 1, 2! inches up, Yorks, 1.50; U. 1, 2%, inches up, Yorks, 1.75; 34 inches up, Black Twigs, Cabbage—Supplies moderate; demand moderate, market steady; New York, 0 d sacks, Danish type, mostly . pound sacks, Danish type, mostly 1.75; South Carolina, 115-bushel hampers, pointed type, 1.50a1.75, most-~ 1y 1.50a1.65. Celery—Supplies moderate; demand moderate, market steady; New York, 2-3 crates, mostly 3.7 California, crates, 5.5026.01 o crates, fine quality and condition, 3.75a4.00. Lettuce—Supplies moderate; demand moderate, market steady; California, crates, Iceberg type, 4-5 dozen, 5.00a 5.50; 6 dozen, fair quality, 4.00a4.25. Onions—Supplies moderate; demand light, market steady; Ohio, 100-pound sacks, yellows, U. 8. No. 1, medium size, 2.00a2.15; Indiana, 100-pound sacks, yellows, U. S. No. 1, medium to large size, 2.25a2.35. Potatoes—Supplies moderate; demand light, market steady; Maine, 150-pound sacks, Green Mountains, U. S. No. 1, 4.50a4.65; 120-pound sacks, Green Mountains, U. S. No. 1, 3.65a3.75; few low as 3.50; Idaho, 100-pound sacks, Russet Burbanks, U. S. No. 1, 3.75a4.00: New York, 150-pound sacks, round whites, U. S. No. 1, 4.25a4.3 Sweet potatoes—Supplies light; de- ;‘ mand light, market steady; East Shore, Md., bushel hampers, yellows, No. 1, 1.50. String beans—Supplies moderate; de- mand moderate, market steady; Florida, bushel hampers, green, best, mostly 2.75a3.00; few fine quality stringless Seab AL 4» sta Sean AL adj s 49 Seab AL con 6 SBAIlFla6s35A. San A& Arn P & Sou Pac ref Sou Pac 438 rets. Sou Pac 438 69 ww £ Tex Ark F'S 6%s 50 Texas & Pacific 1st. Tex & Pac bs B 1977 Tex & Pac 58 C . Third Avead) s. .. Tol Tr L&P 6%s 30. Union Paoc 1st 48... Union Pac 18t rf 48 Unlon Pac 4%s 67.. Union Pac 4s 68, virginia Ry 1st B Wilks B& E 1stb68., 5 656 . 65 18a20; bacon, 25a26; lard, in bulk, 13; ; EMBER 13, 1929. higher; 2.00a2.5 Cucumbers—Supplies light; demand slow, market dull; Florida, bushel hampers, fancy, mostly around 4.00; choice, 3.00. Squash—Supplies light; demand moderate, market steady; Florida pepper crates, fancy, 3.50; ordinary quality, large size, 2.50. Eggplant—Supplies light: demand light, market steady; Florida, pepper crates, wide range in prices, best, 3.00a A,gg: holdovers, ordinary quality, 2.00a ordinary quality and condmon.] 2.50. Tomatoes—Supplies light; demand } light, market steady; California, lug | boxes, green, ripes and turning, wrap- ped, ~ 3.50a4.00; repacked, unknown origin, 3s, ripes, wrapped, and 4s, ripes, \\;ggned, fancy and choice count, 2.50 23.00. Spinach—Supplies moderate; demand moderate, market steady; Virginia, Nor= | folk section, quality and condition im- gmvins!: bushel baskets, Savoy type, est, 1.25a1.35; poorer, low as 1.00; ‘Texas, no sales reported. Cauliflower—Supplies light; demand light, market about steady: California, pony crates, 2.75a3.00, few higher. Peppers — Supplies light; demand light, market dull; Florida, pepper crates, fancy, 6.00; choice, 4.00. Peas—supplies light; demand moder- ate, market slightly weaker; California, 45-pound crates, 8.00a8.50; Florida, bushel baskets, best mostly 5.00; some slack pack, some small pod, 4.50. Carrots—Supplies moderate; demand moderate, market steady; California, ‘Western lettuce, crates, bunched, 3.50a 3.75; Texas, Western lettuce, crates, bunched, mostly around 3.00. Beets—supplies light; demand light, market steady: Texas, Western beets, crates, bunched, most 3.50. Strawberries—Supplies light; demand light, market slightly weaker; Florida, pony refrigerators, Missionarys, 35a45; mostly around 40 per pint; 70a75 per quart. Oranges—Supplies liberal; demand moderate, market about steady; Florida, boxes, pineapples, No. 1, medium to large size, 4.00a4.50; No. 2, medium to large size, 3.7524.00; California, boxes, Navels, 6.00a7.50. Grapefruit — Supplies light; demand moderate, market steady; Florida, boxes, No. 1, medium size, 4.2524.75; large size, | 3.75a4.25; few fancy high as 6.00. Bus Service Authorized. BALTIMORE, December 13 (Special). —The Public Service Commission yes- terday granted permission to the Penn- sylvania General Transit Co., affiliated with the Pennsylvania Railroad, to op- erate a bus service between Baltimore and the Pennsylvania line via Towson and the York road. The permit was granted with these restrictions, how- ever, that the company shall not transport passengers between Hereford |and Baltimore on the southbound schedule, or between Baltimore and a point 1 mile north of Towson on the northbound schedule, to prevent compe- tition with existing bus lines and street cars. o HEAVY COfiSTBUCTION. NEW YORK, December 13 . ().— Heavy construction projects that reached the proposed stage throughout the coun- try in the past week were valued at $66,- 588,000, which compares with $99,96¢ 000 in the previous week and $125,300,- 000 in the corresponding week last year, the McGraw-Hill Construction Daily reports. Apartment house and hotel construction, which comes under the residential buildings classification, showed a slight gain over the preceding week. On the whole, despite the drop fzcm last year's figures, when a $35,- 000,000 nitrogen plant raised the total above a normal week's valuation, the past week represents an average seven- day period in contemplated heavy con- struction_operations. First Mortgage Loans In Arlington County and Alexandria, Virginia Commonwealth Investment Co., Inc. 806 15th St. N.W. Phone Natlonal 2623 Mortgage Loan Correspondent for The Prudential Insurance Co. of America Money to Loan Secured by first deed of trust on re Prevailing_interest and comm! Joseph I. Weller #20Wast & Frust Blde., 9th & F N.W. We Buy and Sell ALL’ ISSUES Bank and Insurance Co.'s Beneficial Loan F. H. Smith Co. Investment Trusts S. W. Straus & Co. Mehlman & Co. Woodward Bldg. Dist. 8848 CONSERVATIVE INVESTMENTS iyt viwitad STROUD, KURTZ & CO. Incorporated TRANSPORTATION BLDG. WASHINGTON FIRST MORTGAGE NOTES —in convenient denomina- tions, secured by carefully selected, conservatively appraised residental and business properties in the District of Columbia and nearby Maryland. We offer the facilities of a competent organiza- tion eager to counsel you in the profitable placing of your investment funds. i H. L. Rust Company 1001 15th Street N. W. National 8100 Established 1889 FINANCIATL, INTEREST RATES. By the Associated Press. Collateral interest rates prevailing last week in American financial centers, to- gether with like ‘figures for comparable periods, the Census Bureau as follows: , were averaged out today by Time money—Week ending December 7, 4% per cent; preceding ‘eek, 5 per cent; same week last year, 7% per cent. Call loans—Week ending December 7, 41, per cent; preceding week, 42 per cent; same week last year, 9 per cent. CONSOLS OF 1930. In view of the many inquiries re- ceived at the Treasury with respect to the 2 per cent consols of 1930, which by their terms are redeemable at the pleasure of the United States after April 1, 1930, Secretary Mellon today announced that these bonds would not be called for redemption on April 2, 1930, which is the earliest date the op- tion reserved to the United States may be exercised. ——a e Ttaly's available coal supply is esti- mated at 13,000,000 tons. 5% Interest on Savings Compounded Semi-Annually U.S. TREASURY SUPERVISION COLUMBIA PERMANENT BUILDING ASSOCIATION 733 12th St. NW. Equitable Co-operative Bldg. Assn Organized 1879 JOHN JOY EDSON, President Assets $5,662,549.55 50th YEAR COMPLETED WALTER S. PRATT, Jr., Secretary Surplus & Profits. .....$1,705130.78 Subscription for the 98th Issue of Stock Being Received _ SAVE AS YOU EARN THE Equitable’s plan of sys- tematic savings encourages thrift in a manner that if con- sistently followed will even- tually lead to financial inde- pendence. Start now while you have a steady income. Come in and let us explain about our systematic plan. 915 F St. NW. F. B. KEECH & COMPANY Members of New York Stock Exchange We have prepared a list of securities which we recommend as investments, both from a viewpoint of capital en- hancement and dividend return. We shall be pleased to furnish this circular upon request. H CORNER 17TH ST., N. W., WASHINGTON NEW YORK CHICAGO PHILADELPHIA PROVIDENCE BROOKLYN CONSIDER THESE FACTORS IN FINANCING YOUR HOME Interest Rates Terms Length of Loan Our Plan Will Materially Aid You in All These Ways. Consult v 809 15th St. N.W. REALTORS District 9486 Mortgage Loan Correspondent Metropolitan Life Insurance Company SEANEE FIRST —but Over a Third of a Century Without a Loss May be purchased in amounts from $250 up. B. F. SAUL CO. National 2100 STOCKS FLUCTUATE fixed and secure. you'll find such a satisfactory investment in our 6% FIRST MORTGAGES The principal is amply sus- tained by real estate — and the interest won’t vary throughout the period of the loan. MORTGAGES First Mortgages are That’s why 925 15th St. N\W. THERE IS NO SUBSTITUTE FOR SAFE1lY