Evening Star Newspaper, December 26, 1929, Page 13

FINANCIAL, Will accept F. H. Smith Co. preferred stock at reasonable discount, or its first and refunding bonds at par, in exchange for new detached brick home in Chevy Chase, D. C., having 4 bed rooms, 2 baths, built-in garage, subject only to first trust of $8,500. Address Box 128-J—Star Office TRUSTEED SHARES ENT for in- AFE" -term yestments for . trust funds and funds of organizations. Sold in Lots—$100.00 Up Call or Write Standard Collateral Shares Corporation ‘Woodward Building. Met. 83 First Mortgage Loans Applications Invited Glover & Flather 1508 H St. N.W. National 1753 T— G | RITREE conservative, invest- ment of your funds. .. the safe, convenient security that is the first choice of the experienced investor. * We will gladly tell you more of the 6% notes now available * H. L. Rust Company 1001 15th Street N. W. National 8100 Esablished 1689 First Mortgage Notes Underuriters » Distributors INVESTMENT SECURITIES WasuincTon Orrics 737 15th Street N, W, Telephone, National 1053 Marx Orricz ~ Batrivons National Metropolitan s> Bank Years Oid 15th St. opp. U. S. Treasury 115 Years Oid That Christmas onus Will Grow it’s kept on de- posit in OUR SAV- INGS DEPT. {Why waste it in use- less spending when it'll draw you 3% compound interest? 3% Paid on Savings Oldest National Bank in the District of Columbia BOND PRICES GAIN INLIGHT TRADING Tax Selling Offset by New Buying—Foreign Group Improves. BY F. H. RICHARDSON. Speclal Dispatch to The Star. NEW YORK, December 26.—Bonds made some progress in a dull trading session today. While there was a cer- tain amount of tax selling, it was not heavy enough to carry the list lower against the buying induced by the low levels that some bonds have reached. There were a few instances where the price decline in an issue has already been very heavy, but the tax selling carried it still lower. A drop of 15 points in Fisk 5,s on the Curb Ex- change and a drop of over 2 points in the 8 per cents of the same company were both attributed to this factor. Both issues are selling at their low | levels for the year. Bankers who put jout the 51is declare that the interest due on January 1 will be paid. However, the list generally was higher, the greater activity being shown in the foreign department, where re- ports of a $60,000,000 credit being arranged for the Sao Paulo Coffee In- stitute lent support to South American issues, Union Pacific first 5s were a point higher in the prime list and smaller gains were made by Baltimore & Ohio first 4s, St. Louis-San Francisco “A” 4s and Philadelphia Co. 5s. Speculative types of bonds were quiet. Cuba Cane Sugar 7s were 2 points higher. Pathe 7s were a point higher and more than 10 above their low level of the year. Junicr rail issues were strong, including Chicago & Eastern Illincis 5s, Erie General lien 4s and refunding 5s, St. Louis-San Francisco 41is, Rock Island 41is and Boston & Maine 5s. Tractions and olls were un- changed. Those bonds carrying a con- vertible privilege or stock warrants were higher with a strong stock market. In the foreigns the widest gains were made by Argentine 6s (September, 1960), Chile 6s (1960), Bolivia 8s, Bra- zil descriptions and Japanese and Ital- ian bonds. SALES. Capital Traction Co.—5 at 75. Potomac Electric 6% pfd.—5 at 10915, Potomac Electric 5'3 % pfd.—2at 104%,. Riggs National Bank—10 at 530. An;n;;lcln Security & Trust Co—2 at AFTER CALL. Columbia National Bank—5 at 401. Washington Gas 6s A—$2,000 at 102, Washington Gas 6s B—$200 at 102, $300 at 102, Bid and Asked Prices. & ., Tel. of Va, Capital Traction R. R. C. Suburban 85 T; s Potomac Elec. cons. 5% 195! W, M. Wash. Cons. Tl A Tel. & Capital Traction s Wash. Rwy. & Wash'. Balio."& An NATIONAL BANK. National Capital coln ° . National ‘Metropolitan . Rigzs . Second £ National Ban| 5. TRUST COMPANY. Ameriean Security & Trust Co. 430 Continental Trust. 1 nts' Ba Potomac Security Savini Seventh Street United States t | Washington Mechiric; Columbla Titl Real Estate. ., Title & Inv. of ‘M. om MISC Barber & Ross, Inc., com. Chevy Chase Dairy pfd Columbis Sand & Gra: Commercial Nati. ra. 211 per cent extra. 2 Der_cent extra. 30 Cents extra. TREASURY CERTIFICATES. Sept. 3 ar! 31as Sept. 34is Dec.’ 15, SHORT-TERM SECURITIES, (Reported by J. & W. Sellgman & Co) Allis-Chalmers 58 1937. Alum. Co. of Amer. Amer. Roiling Mills 5s 1948 . . Tel. & Tel. 8z 194 Edison 48 1030, 99% Gen. Mot. Accep. Corp. 88 1937. Gen, Petioleum Corp. 8§ 1640.. 1 5 & R s 1987 of Humble Ofl Internat, Match Phillips Pet. Co. §; e o S B8, Ry. 8 8t 17" Southwestern Ky, 48 1932, Uhlon oI Gor o G mnion Ol Co.. of G United Dr nited Drug Co. 53 1985. Western Eleetric Co. flh 4 ‘Wheeling Bteel Corp. Wheeling Steel Corp. Shaw Play Popular.: BERLIN (#)—Bernard Shaw's “Apple Cart” is in great favor with thes rs. Among those who saw the pro- luction was the former German Crown Prince, who, in contrast to former days, when & box was at , took a seat in the fourth row. He applauded vigorously, ER T e ater- Washington Stock Exchange 1 ! 98 1 Lackawanna Stl 5% 2, 99 T g THE EVENING STAR, WASHINGTON, D. C, THURSDAY, DECEMBER 26, 1929. | (oo o BONDS e waves] (TRADING IS QUIET WX Received UNITED STATES. (Sales are in $1,000.) Sales. Lib3is. . 3 High. Low. 9912 999 215, 999 100 31 10028 100 31 Lib 4th 41 . US3%Hs 4 US3%s. USds19. US4y 52, 1076 107 Argentine b Argentine 6sJu 59. Argentine 65 Oct 59 Argentine May 61.. Argentine 5% 62. Argentine 65 A.... Argentine 6s B.... Australia 448 56. . Australia 55 1955. . Austria ceeea Bank of Chile 6s. Bank of Chile §%s. Belgium 71:s... Belgium 83 Bolivia 7s ¢ Bolivia 8s, Bordeaux 6: Brazil 6135 1 Bremen State 7s Canada 58 19: ‘anada 55 Chile 6s 60 Chile 65 61 Chile 7s 1943 Con Pow Japan 7s. . Copenhagen &s et. Czecho 85 1 Czecho 851 Danish Munic 88 A. Denmark 413s. ... Denmark 5138 55. Denmark 6s....... Dutch East 165 62. Flat 7s war 46..... Fiat 7sex war 46. Finland 5% Finland 7= Framerica; French 7s. French 73s....... German Bank 6s 3. German E1P 6148 German 7s Ger Gen Elec 7s.. Greek 65 1963, Haiti 6s. Irish Fres NBALHRERS s AR an aa 010 Karstadt 6; Kreuger&To'l 68 ct. Lyons 6s Marseille 6s. Mex 451904 as Mexico 43 10 asnt. Norway 6135 1952 Orfent dev 55 68... Paris Orleans 5%4s. Pirelli 78 5 Poland 7s (rets) Poland 8s Porto Alegre §s. Prague 715s. .. Queensland 6s. Rhine Wst EP 78 50 Rio de Janeirp 63 Rio de Jan 8= 1946. . Rio Gr do Sul 6s 48. Rio Gr Do Sul 8; Rome 648. . Sao Paulo 851936 Sao Paulo 1950. .. Saxon (PW) Ts. Serbs Cr Slov 7= Serbs Crot Slo 8. Solssons 65 n5%s. 5431946, Swiss Confed §s Toho El Pow 7s. Tokio 5s. ... Toklo 538 1961. Utd Kingm 5%s 37, Unt § S Copen 65 37 Uruguay 6s 1960 7 Uruguay 8s 1 Vienna 6s 5: 9 Warsaw 75 2 Yokohama 12 MISCELLANEOQUA. Alleghany Cp5s 44. 3 99% Am Agri Chem 7 1 108 Am Chain 6s 33. Am Cotton Oil 5s. . Am Int Cor 5% s 49 B nuoCancanomsmemrma o Raows wWhmoa o oo 2 100 3 93y 1016 1012 1012 9923 9917 9923 1046 1046 1046 1075 1116 1114 1116 95% 96 95 |- 4| Atchison gen ds. 101% 108 90 85 98% 1047 111% 118% 86 5 96% 96% 100 9314 AmChem 5%s cv 49 18 103% 102% Am Nat Gas 6138 42 Am Smit & R 18t 58 Am Sugar Ref 65 2 74 2 108 AmT&Teltr5s.. AmT&Ts?5s. Am Tel & Tel § Am Water Wks 53 Am Wrtg Pap 6s 4 Armour&Co 4%239 66 90 Armour Del 5% 3 81 Associated Oil 6s.. 2 102 AtIGulf 58 59. .. 1 8% Atlantic Refin 6s... 6 100 Bell Tel Pa b8 Beth Steel rf 5s. Bet Steel 5248 53 Bethlehem Steel 6 Bush Term Bldg 53, 4 103 1102 10 105 Certn-Td 6%srcts.. b Chile Copper 6s.... 44 Col G&K1 58 May 62 26 Com Invest 5% s 49, 15 9 56 94% Consumers Pow 58, Cuba Canecv 78.... 29 Den Gasbs........ 1 Det Edison 65 40 Det Edison 6s. Dodge 6s. . Duquesne 4 %5 67 East Cuba Sug T%s Fisk Rub 8. ¢ Gen Cable 535 47 Gen Mot Ac Cor 6; Goodrich 6%s Goodyear 55 rets. Humble O &R 5%s. 111 Bell Tel 6. 111 Steel 4%8 40 Inland St 4% 78 Intl Cement 55 48 Intl Match 5s 47 Int Mer Mar Int Paper 58 47. Inter Paper 6s... Int Tel & Tel 434n. . 8% 98 3 IntTel&Tel 435 cv T4 122% 1214 . 12 104% 104 2 100% 100 108 Kan G & E6s 62, Laclede G 6%s 52.. 13 103 46 80% Ligget&Myers 6u 51 1 100 6 102% 102% Lautarc Nitrate 6s. ', Inc 6 Loew's 65 w0 Lorillard 68, Lorillard 5%s ‘rmick ER 68 34 e Steel 11 100% a Pw deb 55. 1 100 Mor's&Colst4%s. 3 82 NatDairy 6%s..... 11 97% Nat Radiator 63s.. 18 21% NY Edison bs 44. N Y Raison NY Tel 65 49. North Am Edis No Am Ed 5%s Pacific Gas & Paramount 4 92 Postal Tel &Cb%s. 4 94% 2 101% 101% 107 100 18 7 102% 102% 100 2 4 101% 101% t 7 100% 100% 2 1064 105 17 102% 101% 3% 6 100% 100% % 102% Am T&T cv 4%%39.408 139% 136 103 27 103% 103% 27 10T% 106% 3 100% 1004 7 68% 68% 100% 102% 139% 103 108% 106% 100% 88% 80 102 3% 100 3 106% 105% 102 20 105% 105'% 1047% 65 102% 102% 55 98% 9914 82 934 60, 8 23 106% 105% 2 101% 101% 38Y% 98 101% 107 4 101% 101% L 2 108'% 108% 3 904 8714 9314 121% 104 100 108 80% 100 80 102% 99% 100 82 9% 21% 108 12 99% 106% 110% 9934 101% 100% 105% 102y 06 384 102% 99% 82 97% 21 4 9 by Private Wire Direct to The Sal Pressed Stl Car 5s. . Punta Alegre 7 Rem Rnd 5% w Richfield Oil 65 Sinclajr OI1 615. .. Sinclair Ol 7s. Sinclair Crude 51 Skelly Ol 5158 8o Por Rico Sug South Bell Tel &s Southwest Bell 5s. . Stand OIL N J 46. Stand OIl N Y 438, Tenn Cop 65 B 44 Tenn ElecPow6s 47 Tex Corp cv 55 1944 61 Transcontl Oil 61%s. 3 United Drug b8 53.. 'S Rub 1st rf bs U S Rub 7%s. Utah Pow & Li Utilities Pow 5% Vertientes Sug 7 Walworth 68 45. ... Warner Sug 78 41.. Western Elec bs. .. Westn Unfon 6%s. . White Eagle O 5% . White Sew Mach... 8 Wilson & Co 1st 6s. Win Repeat Ar 718 2 Youngstn S & T 5. b7 RAILROAD. 25 93 Atch deb 4145 43... 43 Atl & Dan 1st 4543, 1 B & O Gold 4s. B&Ocviks B&Orf b8, B&O 1st5sct. B &0 582000 D. B&Ortimp 68 B & O Toledo 4 N & Maine 5s. vn Manhat 6s Buff R & Pitts 41 Can Nat 4138 54. Can Pac deb 4 Can Pac §s 44 ret Car Clinch & O 5 CarClin & 0 686 Cent of Ga 58 C 59. Cent Pac 4s. . Cent Pac 1st 5= 90. . Ches & O cv 4%S. .. Ches & O Corpn &s. Chi & Alton 3148... ChI&E 111 gn 68 51.. Chi Gt West 4559, . Chi MIISP&Pachs75 CMSP&Pac adj5s03 Chi N W 4748 2037, Chi&NW conv 458, Chi & NW 6% ChiRT&P4ls. .. ChiUnion Sta 58 44, Clev Term 6%s. Colo & Sou 41;s. Cuba Nor 5% cts. . Cuba R R 651936 cf Del & Hud1st rf 4s. Del & Hud 75 30.... Den&R G W 416536 Borom e DRG & Wst 55 78. Fast Tenn Va&Gabse 0 Fla East C5s74... Fonda J&G 4%s 62, Gt Hud & Man aj 58 Hlud & Man ret 111 Cent ref ds. 111 Cent 48 53 111 Cent 4% s 66 111-C-C-StL&NO 5s. Int Rapld Trans 5s. Int Rap Tr 68 stpd. Int Rapld Trans Int & G Nor adj 6s. . Iowa Central ref 4s, Kan City Ft S 4 Kan City 8 3s. Kan City Term 4 ” - Calcam on mrRarnala - NOROR-NN=O0 BN Ak aDanSomen Lake Shore s 31... Louls & Nash 78... Man Ry 1st 45 90 Market St 7s 40 Mill El Ry&Lt Mil El Ry & L 68 61 Minn & StL ref 4 P&SSM cn 4 p & SSM cn bs. SSM 6%s. st 4 4%s MK&TprinbsA. Mo Pacific gen 4s.. Mo Pac 58 I 77 Mo Pac 58 G 78 Mo Pac 5% 49 Mob & O 4%877. Nat Ry Mex 48 77.., Nat Rty Mex 4%s5... Y Cen gen 3%35.. N Y Cen deb s N Y Cent 48 4 N Y Cen rf 58 Y Cent deb 6s. .. ¢ C & St Ldeb 48 &BULGY%EA Sl 6 Y4n B NH & H 3%8 56 o NY NYNH& Hds 66. NY NH&Hdeb 48 57 N Y NH&Hart 4%8.120 NY Ni&Hart clt 63 23 NY NH&H cvdb és. 3 N Y Ry 65 65. 30 N Y Ry 65 A 66. N Y State Ry 4% x 10 Ore Short L cn b Ore Wash 1st 4 Penna gen 4% Penna 4% s 63. Pere Marq 15t b8 IPort w1 P L Reading gen 4 %8 A, HIArk& LA%S. .o SILIM&S gn 6 31.. 6 HiL IM&S R&G 4. 8 BUL& B FplisA.. 48 SIL&H ¥ 4%n 78., 110 SUL W con 48 32. s San A & Arn P An Seab AL ref 4n SIAI Fia 68 36 B. Sou Pac ref 4 Sou Pac 4% . Sou P'ac 415 69 ww, 16 Bou Ry gen 4n..... 16 Sou Ry con b Sou Rty 6% Term Auno § L 4w. o1 Tex Ark 'S 6 %u 60. x & Pac 6 33 1977 X & Puc b8 © 19, 22 Third Ave ady b 2 Third Ave 1ut bn. Ulster & Del 45 62 Unlon Pa, sxnmmeN Union Pac 4 o B Virginia Ry 1t 6s.., 6 VYRy &Pty .2 Whash 44n 78 rete 20 90/ Wabash 1xt 5, 1 Whash 676 1 1 Whash bign 75, Wi 4 Wik Cont gn Wilks B&E 14 . High. Low. 3: 79'% 56% 03 5% 4 99% 100% 96% 79'% 56' 93 101% 4% 93 87% 104% 80 8714 8214 8214 Q96 4 101% 110% 51 27% 1081 9674 96% 110 TT% 95% 90% 105% 1 ATD. C. MARKET iDemand for Poultry Confined Almost Exclusively to Hotel Trade. There were not many retailers in evi- dence about the wholesale market dis- trict this morning, consumers having put in such hegvy supplies for Christ- mas that demands today were reduced to a minimum. Cleaning up of supplies of turkeys be- fore the closing of the Christmas mar- ket proved highly satisfactory to poultry dealers. Dealers had some reserve stock to hold for today's business, how- ever, but the demand this morning was as light as had been anticipated. Few barrels of turkeys, reached the local market by express from distant places, coming in such good condition that they will hold over for the New Year market trade. This morning’s slow demand for tur- keys.and other poultry was registered chiefly for hotel and restaurant trade. It was difficult for dealers to quote prices during the early morning hours, realizing that later receipts would have an important bearing upon the market. Turkey Prices. Live turkeys were quoted around 30 and 32 cents, while dressed stock was offered at prices ranging from 32 for old toms to 40 cents for top quality dressed stock. Chicken prices also were about the same as prices quoted Tues- day. “There is no market,” was the com- ment of a dealer in marine products this morning. “Receipts are light,” he added, “and the demand is lighter. It's just as well that so small quantities of fish are be- ing received.” Dealers are displaying an interest in the question of receipts of oysters for the Friday and week end trade, receipts the past few days having been just about equal to the demand. “Oystermen will take advantage of the Christmas holiday season,” re- marked a dealer, “and the cold weather probably will mean that many vacations will be prolonged.” Selects this morning were quoted at $2.60 a gallon, standards selling at $2.35. Barrel and bushel stock sold at a wide range of prices, size and quaiity being the determining factors. Green shrimp, received from the South, were plentiful at 30 cents a pound, the cooked shrimp selling at 60 cents. Scallops were offered at $4¢ a gallon and lobsters at 60 cents a pound. Dealers also had supplies of various va- rieties of fish to offer the trade, fish from nearby waters being scarce and not especially attractive, There was almost a complete deser- tion of the farmers’ line this morning, hundreds of Christmas trees and other greens left over from the holiday trade being about the only thing in evidence. Commission merchants had their ac~ customed attractive supplies of fruits and vegetables to offer the retail trade. Business was. not very brisk, however, although some retailers who cleaned out supplies Tuesday were looking for what was needed for their trade today. Lima beans, some from Mexico, re- ceived in splendid condition, sold from $5 to $6.50 a hamper; peas from Mex- ico selling around $5 a hamper, the price being considered by dealers as cheap. String beans were offered at K:lc?s ranging from $150 to $3 a mper. Today's Wholesale Prices—Jobbers’ Prices Slightly Higher. Butter—One-pound prints, 41%,a42Y%; tub, 40%,a41%; store-packed, 30a32. E; Hennery, 55a58; fresh selected, 53a54; current receipts, 48a50. Poultry, alive—Turkeys, young, 32a old, 27; Spring_chickens, large, 28a 30; medium, 28a30 broiler: 32; fowls, 27a28; Leghorns, 20222 20; ducks, 15a18. Dressed goun' hens and toms, 37a40; ; ducks, 2805 capons, 35a40; keats, eef, 20a22; veal, 24a26; ; pork loins, 22a25; fresh fresh shoulders, 19a22; smoked hams, 25a26; smoked shoulders, 18a20; bacon, 25a26; lard, in bulk, 12 213; in packages, 13al4. % Live stock—Calves, 14; lambs, 1215a13. 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 ex- cept where otherwise noted: Apples—Supplies moderate; demand | and trading light, market dull. Barrels No sales reported. Boxes: Washington, medium to large size ex tra fancy Delicious, 3.75a4.00; Staymans and Romes, mostly 3.00; Spitzenburgs, 3.60a3.76. ~ Bushel baskets: Virginia, U. 8. No. 1, 2%, inches up, Yorks, 1.50 8165, Staymans, some fine quality, 2.00a2.50. Cabbage—Supplies moderate; demand slow, market steady; New York, no sales reported; South Carolina, 1'5-bushel hampers, Pointed type, 1.75a2.00. Celery—Supplies moderate; demand light, market dull; few sales; California, crates, 5.00a6.00. Lettuce—Supplies light; light, market slightly stronger; Cali- fornia, crates Iceberg type, 4-5 dozen, 5.5026.00; mostly 6.00; Arizona, crates, Iceberg type, 4-5 dogen, green, leafy, 5.50; Florida, 1!, bushel hampers, Big Boston type, fair quality, 2.50. Onlons—8upplles moderate; demand slow, market dull; few sales; Ohio, 100« pound sacks, Yellows, U. 8. No. 1, me- dium size, mostly 2.00. Potatoes—Supplies moderate; demand light, market dull; Maine, 150-pound sacks, Green Mountains, U. 8. No. 1, 4.50a4.60; 120-pound sacks, U. 8. No. 1, 3.60a3.65. String beans—Supplies liberal; de- mand slow, market steady; Florida, bushel hampers, Green stringless, Flat type, 2.00a2.50; Black Valentin 1.75a 200; 7-bushel hampers, green, falr quality, 1.50. Cucumbers—Too few sales reported to quote. Squash—Supplies very light; demand light, market steady; Florida, pepper crates, White, wrapped, medium size, 4.0004.50; large size, 3.00a3.50. Eggplant—Supplies light; demand slow, market dull; to few sales reported to quote. ‘Tomatoes—Supplies light: light, market dull; few sales. 8-pound baskets, hothouse, medium slze, 2.2582.50; repacked, 8s, ripes, ’wr;ppud. fancy and cholce count, 3.00n roosters, 23a25; demand demand Ohlo, .50, Spinach—8upplies moderate; demand There’s NEW YORK, December 26.—The fol- lowing is today’s summary of important corporation news prepared by Standard Statistics Co,, Inc., New York, for the Assoctated Press. News Trend. Although steel production in the past week showed a slight recession from the preceding week, ccnfidence in the in-, dustry remains at a high level. The automotiVe industry, it is reported, has glnced substantial orders for alloy steel ars for first quarter delivery, while commitments for sheet, strip and car- bon steel bars have been placed by motor car builders and part makers, It is believed that ingot production in the first quarter may average close to 75 per cent of capacity. Domestic crude oil production for the past week showed an increase of 11,550 barrels over the previous week. California district showed the largest increase, about 17,- 500 barrels. Of interest to the railroad equipment industry was the announcement that Van Sweringen roads had decided to spend $100,000,000 for equipment in 1930. Placements will probably be di- vided among the leading ufacturers, The Companies. Assoclated Gas & Electric declares extra dividend of 40 cents a share on class A stock. § Allied products declares initial divi- dend of 50 cents on common stock. President estimates earnings for 11 months at $8 a share. American Cyanamid acquires Ameri- ,can Powder Co. on basis of 1 share class B stock for 3 American Powder preferred and 1 share class B stock for 12 com- mon shares of American Powder. Canada Cement, Ltd., earned 42 cents a share in year ended November 30, vs. 5 cents a year ago. Elgin National Watch declares extra dividepd of $1 and regular quarterly of 621, cents on common stock. New York, Ontario & Western had deficit of $)43,061 in 11 months, vs. $26,413 year ‘ago. Northern Pacific Ry. November net off 37 per cent; 11 months, 12.3 per cent below year ago. Paramount Famous Lasky Subsidiary acquires 15 theaters from Universal Pictures Corporation Subsidiary. Union Pacific November net off 14 per cent; 11 months, 4 per cent up from a year ago. United Hotels passes preferred divi- dend; last payment, $1.75, on Oc- tober 1 Wheeling & Lake Erle November net down 57 per cent; 11 months, 6.5 per cent over a year ago. EARNINGS IS REPORTED B the Assoclated Press. NEW YORK, December 26.—The rail- road earnings reports for November so far made public indicate that the ex- pected year-end falling off will be about as forecast. This trend has been in- dicated by a general decrease in the number of freight car loadings as had been predicted by several railroad offi- cials. Despite the lesser figures for November, earnings for the year are expected to be at or near a record. slow, market steady. Texas, baskets, Savoy type, 1.35a1.50. Cauliflower—Supplies light; demand light, market about steady. California, pony crates, 2.50a3.25. Peppers—Supplies light; slow, market slightly weaker; few sales. Florida, pepper crates, fancy, 5.00. Peas—Supplies light; demand slow, market slightly weaker. California, 40- pound crates, and Mexico, 45-pound crates, mostly around 6.00; Florida, bushel hampers, 3.50a4.00. Carrots—Supplies moderate; demand slow, market steady. California, West- ern lettuce crates, bunched, 3.25a3.50. Beets—Supplies light; demand slow, market steady. Texas, Western lettuce crates, bunched, 3.25a3.50. Strawberries—Supplies light; demand slow, market slightly weaker. Florida, pony refrigerators, Missionarys, 50 per quart. Open crates, slightly green, ask- ing 40 per quart; no sales reported. Oranges—Supplies light; demand light, market steady. Florida, boxes, No. 1, medium size, 4.0024.25; large size, 3.50a3.75. ~ California, boxes, navels, medium size, 6.00a6.25; large size, 5.00a rapefruit—Supplies light; demand lN]lt o. bushel market steady. Florida, boxes, medium size, 4.00a4.50. Money to Loan Secured by first deed of trust on real estate. Prevailing interest Sommizsion Joseplv l: Weller iheiin REAL ESTATE LOAN Made at Low Interest Rates TYLER & RUTHERFORD Advant; Incldent to direet ion resents 1520 K St. N\W. National 0475 ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. & La. Ave. N.W. 63rd Issue eZ Stock Now Open for Subscription Shares of Stock, $1.00 Each Payable Monthly James E. Connelly James F. Shea President Secretary First Trust Notes Now Available 6% JAMES F. SHEA 643 Louisiana Ave. N.W. torelieve Itehing, Bleedin truding Piles of money the hands FINANCIAL. NEW STEAMSHIP LINE FORMED AT BALTIMORE Speclal Dispatch to The Star. BALTIMORE, December 26.—Estab- lishment at the port of Baltimore of a new fast freight and refrigerated steam- ship line to the East Coast of South America, which will begin operations here in January, is' announced by G. H. Pouder, director of the Export and Im- port Bureau, The company, which will be known as the Blavan Lines, Ltd., was incor- porated under Maryland laws several ‘weeks ago and has established its main offices here. It will supply the cargo nucleus for the new steamship afiern- tion and the base of operations will be in_Baltimore. It is the intention of the line ulti- mately to build vessel tonnage for the Baltimore-East Coast of South Amer- ica run, according to Mr. Pouder, but in the meantime the service will be by refrigerated boats. These will be op- erated in order to get the line started at once before carrying out the full program. ‘The line will be operated un- der the East Coast of South American Steamship Conference and will be known as & Class B line. ‘The first sailing has been set for Jan- uary 25, with the 10,000-ton refrigerat- ed steamer Cortona. Bix vessels will be placed on the run for the present. /(¢ ‘We Invite Applications for FIRST TRUST LOANS on Improved Property ARBY nor:;#%l}ll! co. NE. AND_THE DIST!] Perlods of 3. 5 or 10 Tears T SSED PH 0. I 1417 K 8t National 9300 G.M.-P. MURPHY & CO. New York Richmond WASHINGTON Philadelphia London MEMBERS New York Stock Exchange Washington Stock Exchange Richmond Stock Exchange New York Produce Exchange New York Curb Exchange Copy of our “Fortnightly Review” on Request 1510 H Street Connecticut at K National 9600 demand | Private Wires and Telephone to New York That Christmas Bonus Will it go into one pocket or out of another! Or will it stay with you— working and earning, giving you a steady income throughout the year to come? Trea} the bonus you get this Christ- mas as something apart from what you had expected and instead of spending it for something you may not need, invest it in a First Mort- gage Note through Swartzell, Rheem and Hensey Company where it will remain intact and pay you 6%. Many of our clients have done this year after year and have built up a con- siderable.nest egg without having missed it, The First Mortgage Notes sold by this company have weathered the financial storms for over sixty years. The interest, payable semi-annually, comes to you promptly and unfail- ingly. Invest your Christmas bonus this year and the two interest checks you receive in 1930 will give you joy of two Christmases. SWARTZELL, RHEEM & HENSEY CO. MORTGAGE BANKERS 727 1S STREET N.W./ WASHINGTON D.C. THAT ‘‘the race is not always to the swift’’ has been chvn;()my In S);-stematic Management You'll be agreeably surprised at the savings which our management-service can make in the operation of your aparts ent house property; as well as an increase in the revenue—due to the same experienced supervision. More Than a Third of a Century's Experience Natl. 2100 B. F. Saul Co. 925 Fifteenth proved once more. We have consistently emphasized the wisdom of buying bonds, with an occasional selection of high-grade stocks in defer- ence to securities of a specu- lative character. By making such investments constantly available to our clients, we have influenced many to fol- low the more conservative course. There has seldom been a better time than right now to buy bonds. Cheaper money favors an advance in bond prices. We are Continuing to Recommend Bonds for Investment lahed 1840 INVESTMENT BANKERS Garrett Building Baltimore, Maryiand & ‘WASHINGTON OFFIC] E 501 ional Metropolitan Bank Bldg.