Evening Star Newspaper, January 21, 1930, Page 10

A—10 w———- EG, PRCES DRTP ATO.E MARKET Lower Temperature and Slow Demand Given as Cause of Recession. Decreased temperature and slow de- mand for eggs has resulted in prices of the product of the hennery taking a de- cided drop. “It is not that receipts are heavy,” said a dealer this morning, “but there is not the usual heavy demand for the eges. “There is not much likelihood that prices will again go higher this season,” the dealer added, “prices already being too high for thjs season of the year.” Current receipts this morning were quoted at 42 and 43 cents, with indi- cations of prices going still lower tie next day or two, according to dealers. Prices of hennery stock were quoted around 44 and 46 cents, fresh selected stock bringing about the same prices. Turkey Receipts. Appearance of a truckload of live turkeys, chickens and eggs from the northern section of Virginia this morn- ing was suggestive of a return of Christ- mas holiday season. “Looks very much like the Christmas season,” said a poultry dealer, pointing to a number of coops of turkeys. “And,” he added, “they will bring more cash than they would have brought had they reached here at Christmas.” Beoause of the higher temperature this morning commission merchants and the few dealers in evidence on the farmers’ line were able to make better displays of commodities than during the freez- ing weather yesterday morning. Slippery pavements this morning, however, made the going difficult enoug to keep many retailers at home, mak- ing the market a trifle siow. mmission merchants continued with plentiful supplies of most vegetables, while receipts of several varieties of ‘vegetables from Florida and Texas were reported light. Both peas, from Mexi- co and string beans from Florida, were in light receipt this morning. There are few peas from California to offer the retall trade. Cucumbers and beets were very scarce, cabbage were in liberal receipt and dealers reported moderate receipts of onions, lettuce and potatoes. Florida strawberries were not so plen- tiful this morning. The choicest berries ‘were quoted at 50 cents, some not quite 80 good selling as low as 35 cents. Oranges and grapefruit, products of Florida growers, were in moderate re- | bo; ceipt, and grapes, pears, bananas, alli- ,lwr pears and persimmons were other ruits offered the trade. Bel grapes, bunches weighing about 11, unds, ‘were offered at 60 cents a L “Low price for the Belgian fruit,” commented a dealer. “Years ago,” he added, “I sold many of them at $1.25 and $1.50 a pound.” Poultry and meat prices today were ‘l;hut the same as prices quoted yester- y. Today's Wholesale Prices—Jobbers’ Prices Slightly Higher. Butter—One-pound prints, 37',a38%%; tub, 3615a3715; store packec. 25a30. -Hennery, 44a46; fresh selected, 44a46; cuneunt rm‘x::rpku. 42a43. Sias Poultry, alive—Turkeys, young, i old toms, 27a28; Spring chickens, large, 28a30; medium, 28a30; broilers, 32a33; fowls, 27a28; Leghorns, 20a23; roosters, 20; ducks, 15al Dressed- 3 ens, large. 3 3 3 ers, 38a40; fowls, 32a33; Leghorns, 26a 27; ducks, 28a30; roosters, 23a25; ca- pons, 35a40; keats, 50a60. Meats, fresh killed—Beef, 20a22; veal, 28; pork loins, 28; fresh hams, 25; fresh shoulders, 32; smoked hams, smoked Bk, 3% th packages, 131z: caives 124 ., ; calves, 16; lllfl;‘x top, 13; thin, 10a12. Fruit and Vegatable Review. ‘The d market report on fruits and vmhhl:"(comvmd by the Market News oniliefl)‘fi:e Bureau of Agricultural Economics), says: Apples—Supplies liberal; demand mod?nfe. mg et about steady: barrels, New York, U. 8., fancy, 2% Rhode Island Greenings, bushel baskets—Virginia, U. Ko 135 inkes up. Sraymans, 328 0. 1, 2% inches up, 3 ; _unclassified, 215 inches up, Stay- ADVERTISEMENT. TBeneficial Advice: Given by Aunt | inches up, mm.og: | No. 1, 1 86.25; 15 crates, 3.00a3.25. FINANCIAL Y oot mans; 1.75; U. 8.; No. 1, 2% inches up, Yorks, 1.75; few 1.85. lies liberal; -demand moderate, market steady. Texas, barrel crates, -wmx!mnulg 100 lrunds net, round type, 4.00a4.25; bul ger ton, round type,-75.00. Floridg, 1l2 bushel ‘hampers, ted type and round type, z.og:lz'xai_s ulf "1’1:}\[ demand light upplies 3 ne s market s teady, Callfornia, crates, §.00 Lettuce—Supplies moderate; demand moderate, mlrtkel lnuflg Al‘\mb\l. crates, Iceberg type, five dozen mostly, 5.00; few low as 4.75; six dozen mostly around -4.00; ordinary 1unllty low as 3.50. Florida, 1}2 bushel hampers, big Boston type, fine quality and condition, 4.25. Onions—Supplies moderate; demand light, market steady; Arizona, crates, Iceberg type, 4-5 dozen, mostly 5.00, few lower; 6 dozen, mostly 6.00, few lower; Caiifornia, crates, Iceberg type, 4-5 dozen, few sales, 6.00. Potatoes—Supplies moderate; demand light, market steady; Maine, 150-pound sacks, Green Mountains, U. 8. No. 1, 4.90a5.00; New York, 150-pound sacks, round whites, U. 8. No. 1, 4.65a4.75. Sweet potatoes—Supplies moderate; demand light, market dull; North Ct lina, bushel baskets, Porto Ricans. No. 1, fair quality, 1.00a1.25; East Shore Maryland, bushel hampers, yellows, No. 1, best, 1.50a1.60; poorer low as l,flfi:l Tennessee, bushel hampers, Nancy | Halls, No. 1, 1.60; few slightly deuyeu,i 40. String beans—Supplies light; demand light, market firm for good stock, mar- ket dull for ordinary stock; Florida, bushel hampers, flat type, fine quality and condition, 4.50; fair quality and condition, 3.50a3.75; coarse, large, 2.25 82.75. Eggplant — Supplies light; demand light, market slightly weaker: Florida, pepper crates, fancy, some fair quality, 4.00a5.50. . Squash—No early sales reported. Tomatoes — Supplies light: demand slow, market dull; unknown origin, re- packed, 3s, ripes, wrapped, fancy, count, 5.00a5.25: 'choice, count, 3.75a4.25. Spinach—Supplies light; demand light, market firm; Texas, bushel bas- kets, Savoy type, 1.75; fair quality and ordinary quality, 1.25a1.50. = Cauliflower—Supplies light; demand light, ~market firm; California, pony crates, 2.75, Peppers—Supplies light; demand light, market slightly weaker; Florida, pepper crates, fancy, 6.50a7.00; few 7.50. Pels—supglles liberal; demand light, market slightly weaker; Mexico, 45- pound crates, 4.25. Carrots—Supplies light; demand light, market ; Texas, Wesiern lmr% crates, bunched, 3.75; few high s 4.00. Beets—No early sales reported. Strawberires—Supplies light; demand slow, market slightly weaker; Florida, 32-quart crates, -various varieties, 40a 42; pony refrigerators, various varieties, mostly 45 per quart; 25 per pint. Oranges—Supplies moderate; demand slow, market sf + Florida, boxes, No. 1, medium size, 4.50; No. 2, medium size, 4.00; large size, discounted, 25a75 per liberal; demand Florida, boxes, No. 50a4.75; No. 2, me- mostly, 4.00, RAILROAD INCOME. NEW YORK, January 21 (#).—The net operating income of 180 class 1 rail- roads in this country from January 1 to November 30, 1929, was $1,201,336,285, as contrasted with $1,099,795,745 in the corresponding period of 1928. X Grapefruit—Supplies light, pl:llrket durl? , medium , dium size, 4.00a4.2! NEW YORK, January 21.—The fol-{ lowing is today's summary of important corporation news prepared by Standard Statistics Co., Inc, New York, for the | Assoclated Press. News Trend. Preliminary estimate of daily average crude oil production for the week Jan- uary 18 totaled 2,662,807 barrels, a de- crease of 22,065 barrels from the pre- vious week. Reflecting the price reduction of a number of large producers, the average price of crude ofl in 10 producing fields dropped sharply last week to $1.57 a barrel, compared with $1.62 in the pre- vious week. Outstanding corporation news was the offer of B. F. Goodrich Co. to purchase the assets of Miller Rubber Co.: ac- ceptance of offer has been made by directors of latter company, subject to approval of stockholders. The Companies. Aviation Corporation reduces New o Angeles passenger fare from $223.51 to $156.05; rates between other points cut as much as 58 per cent. Fox Film Corporation class B stock- holder also files petition asking Izpoln'v- menz‘oo(equmnedv«mrth cor- n. General Motors Chevrolet increases production schedules for the Winter 30 per cent over prelim! A month ago, because of increased de- mand by dealers. B. F. Goodrich Co. offer of 113,504 shares of common stock for assets of ).gutl;r Rubber Co. accepted by dlrect‘m'; of that company, subject to approval of stockholders, Jewel Tea makes management con- tract with Club Alumin Utensil Co. for period of three years; has secured options on sufficlent Club Aluminum stock which, if exercised, will give Jewel Tea control of company. Kansas City Southern December, 1929, balance, after taxes off, 21 per tl:;l’:: 12 months, up 4.5 per cent from National Bisciut declares initial divi- dend of 70 cents on new $10 par stoc! action subject to approval of stockhol ers to split stock on a 215 for 1 basis; meeting March 12, 1930. ‘Tennessee Copper & acid output sold to middle of 1930: ou As soon as you realize you've taken cold—take some tablets of Bayer Aspirin. Almost before your head can stuff-up, you fee Your cold is conquered. Those aches and pains you fel Relief ‘is t coming on will soon. subside. most instantaneous! Even if your cold has gained headway, and your temgles throb and your very bones ache, these tablets will ring prompt relief. It is better, of course, to take Bayer AsFirm at the v first sneeze or cough—it will ‘head-of f the cold :fi spare you much ‘discomfort. 'Get the genuine, with proven directions for colds and headaches; neuralgia, neuritis, sore throat, and many important uses. BAYER ASPIRIN mb&mfi-&flmhfluflndl‘mflw UPITER’S “The Elder Cato invested his capital in business that was safe and sure. He required his followers to form a large company; and when there were fifty partners and as many ships for his security, he took one share in the company himself. In this way his entire security was not imperiled but only a small schedules et | SATed .| time than at any time so far this year Chemical has THE EVENING STAR, WASHINGTON, D. C, TUESDAY, JANUARY 21, 193& nonnss oA it in 1929 highest in history; indica- -4, ure this Teae Wil b 8 present NEW._SECURITIES. rate. -Dfilfili- Hon“d:fllru in; in stock md’w cents in cash g;’e?::l‘— mon stock. Union Stockyards of Omaha, Limited, .33 in year 1929, against $8.67 security offerings today include: T cent. LARGE “SHORT” INTEREST. |, ties Corporation, Bankers NEW YORK, January 21.—The “short” interest in the stock market is reported to be larger at the present & Co. and Lee Higginson & Co. NEW DIRECTOR NAMED. RICHMOND, Va., January a t deal and great deal larger than at any C. Bowshall = of time last year. “Bear” traders were | Thomas said to be selling stocks steadily, with | Dieoiqn’ irginia, the so-called “blue chip” stocks bear- |of directors of the Morris Pl ing the brunt of the liquidation. We Solicit the Rental Management of Your Property Whether Apartment, Residence or Business Prompt Collections RENTS REMITTED THE DAY RECEIVED Our Rental Department is Most Complete and Efficient. We offer co-operation at all times in the solution of Ownership Problems. Randall H. Hagner & Co: Mortgage Loan Correspondent New York Life Insurance Company 1321 Connecticut Ave. N.W. Phone Decatur 3600 | A Good Friend —often turns out to be a poor executor. Better name a COR- PORATE EXECUTOR or TRUSTEE, such as this bank to carry out YOUR Will, Capital ttlement of fidu- & Surplus ience and $3,500,000.00 judgment of s ¥ Talk it over with us. National Savings & Trust Co. The Oldest Savings Institution in the District of Columbia Cor. 15th and New York Ave. Year NEW YORK, January 21 (®).—New New England Power Association, $25,- 000,000 5% per cent gold debentures, dated December 1, 1929, and due De- cember 1, 1954. Priced at 95 and in- 3 Offered .; Chase Securi- Co. of New York, Baker, Young & Co.; the First| National Old Colony Corporation, Bodell | 21.— Richmon, | of the Morris Plan Bank of has been added to the board an Bank of Washington. The Washington bank INANCIAL. F. B. KEECH & COMPANY Members of NewYork Curb Market Liverpool Cotton Exchange, Ltd., (Assos. Mombere) New York Cotton Exchange Mew Orleans Cotton Rzchange Bremen Cotton Exchange (Assos. Members) Winaipeg Grain Exchange N. Y. Coffee & Sugar Exchange, Ine. Rubber Exchange of N, Y., Ine. DIRECT PRIVATE WIRES H CORNER 17TH ST,, N. W,, WASHINGTON NEW YORK cntcaso eniLavELPTL enovivenen MORTGAGE SECURI Famous Finan- ciers are all agreed on this point—that the safest form of investment for all time is a well se- cured Mortgage. First Mortgage Notes Prompt 61/2 % Safe Our Latest Booklet—J-3—Upon Request 1435 K St. Nat. 2345 & If you think you can’t afford an automatic refrigerator, U can operate Electrolux a month on what you probably pay for ice in a week. A few pennies a day, never more than 75c a week even for the largest model, that’s all it costs to run this auto- matic refrigerator. No other piece of equipment in your home will save you so much money, and 80 on saving it every day you live. If you had to borrow the cash to buy Elec- trolux and pay interest on it, you'd still come out ahead on what this marvelous refrigerator saves you. Liberal purchase terms But you won’t have to borrow. Purchase terms are so liberal that almost any home with a steady income can own an Electro- lux. Prices range from $235 to $455 in- stalled—about the same, size for size, as those of other automatic refrigerators. ' read these facts QUICK FACTS! 1. Permanently noiseless. 2. Absolutely safe. 3. Onlyafew centsadayto operats. 4 Lasts 3 5. No mechanism to wear, to vi brate, to need oil. 6. Free from trouble. 7. Perpetual, steady cold. 8. Plenty of purefice cubes. 9. Tested and endorsed by national authorities. —_— ey It never needs renewal. Even the gas flame is safeguarded by an automatie shut-off. Should the flame, by any chance, g0 out, the gas shuts off. And it stays off until you turn it on again. part of it, and his profits were large.” The Hostess Model Fleciroluz, a And not only is Electrolux the world’s y apace; makes 45 large ice cubes. most economical refrigeration system, but also the simplest, safest and most depend- able. Electrolux is absolutely silent, not merely quiet. There is no noise at all as long as you have it. And you should have it indefinitely, for there are mo moving parts, no machinery, and hence no fric- tion, no vibration or wear. A tiny gas flame and s slight trickle of water do all the work. They circulate the Constant, steady cold The cold in Electrolux is constant. There is no stopping and starting. The temperae ture never varies more than a degree or two from the ideal point. Ice cubes freeze ina jiffy; and as for frozen desserts, chilled salads, ices, jellies, you can make all you want of them. At our display room, you will see a wide range of sizes and models. Or if you wish complete illustrated information by mail, use the coupon below. ~—PLUTARCH'S Lives. b et of ook The ancient Romans knew that the wrath of Jupiter might touch one ship, or two, and send them to the bottom of the sea—but an investment that was divided among fifty ships was safe. and profitable, because only a fraction of each investor's capital was risked in any one ship. MRS. M. C. ANDERSON. | [ Mrs. M. C. 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The first bottle of Miller's Herb Extract helped me so I bought the | second one and before I had fin- ished it the improvement, in my gen- eral h ‘Throug! refrigerant that makes the cold. No power is needed to turn machinery, because there is no machinery. That is why the operat- ing cost can be so unbelievably low. The cost of the gas and water used is very small compared to the cost of power re- quired to turn machinery. The refrigerant is hermetically sealed for life inside a rigid one-piece steel unit. ELECTROLUX ng A4 rErricERATOR Phone or Write—Our Representative Will Call Washington Gas Light Co. REFRIGERATION DIVISION NATIONAL 8280 APPLIANCE Diversified Trustee Shares, Series C divide what trace of risk exists among fifty widely diversified railroads, public utilities, industrials, oils and mines. Improbable as it is that disaster could come to any one of them, it becomes a practical impossibility that an investment divided among the fifty can fail to produce impressive security, marketability, income and appreciation. A certificate for five Shares, involving a small total investment — or one for thousands of Shares— places the investor's capital “beyond Jupiter's wrath.” is 4 CLIP AND MAIL TODAY! AS) TON_GAS LIGHT CO. o Temn SN Waohinrion: D. €. ENTLEMEN: Without obligation. please send com- plete information about Electrolux, the Gas Refrigerater. ealth was wonderful. its natural action this medicine soon relieved me of constipation and | once the system was cleansed of | the poison waste the old aches and soon left me. food instead of s7in i i ey paine soon left, me. food instead of Diversified Trustee Shares were the original ““Shares in America.” Write today for complete information. WAGGAMAN, BRAWNER & CO., Inc. : Investment Securities i | 1700 Eye Street N.W. 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