Evening Star Newspaper, May 16, 1930, Page 13

FINANCIAL. FINANCIAL. COMMITTEE PLANS SMITH BOND PROBE THE EVENING STAR, WASHINGTON, D. C, FRIDAY, MAY 16, 1930. NEW YORK STOCK EXCHANGE | (STOCKS IRREGULAR |PRICE DROPS NOTED Received by Private Wire Direct to The Star Office. Money to Loan by - g Kl K K Joseph I Weller S04 ¥ INCOME HIGH wiTH GREATEST SECURITY 83 «RC UL INSURgy, @S\&‘mfi‘efi: Mass.[[[o A Standard l.u: Premium Policy Notice—All stocks -'r:“hll n ome hu: Stock and Second Organization Formed to Protect Investors in Realty Securities. BY EDWARD C. STONE. Another committee for the protection | of holders of bonds sold through the F. H. Smith Co. has been formed. It 15 composed of George E. Roosevelt of | Roosevelt & Son, { investment _bank- | ers, New York City, ? { chairman: B. L. Allen, vice presi- dent of the Irving Trust Co. New York City; Charles E.Newton, formerly attorney general of New York State, and James L. Mal- colm, attorney, Catskill, N. Y. ‘The secretary of the committee is CharlesD. Hilles, jr. 31 Nassau street, New York City, and Messrs. Root, Clark, ¢ Buckner & Ballan- tine, New York, are acting as counsel for the committee. It is announced that the Irving Trust Co. will act as depository for the bonds, but the com- mittee does not wish any bonds to be deposited until some request is made for them It was stated today that this second E‘oucuve committee is busily engaged an investigation of the 43 outstand- ing bond issues sold through the Smith company. The committee states that each issue will be considered and the value of the properties back of it be very carefully studied. It is expected that in about ten days the secretary of this committee will have complete information on the vari- ous issues. In the meantime holders are advised by the committee members to hold their bonds. Naturally the bonds vary considerably in the committee expects that it will be advisable for the holders of some issues to hold them permanently. In short, th:{{_ caution holders not to throw over foe . Hazlewood. securities at any unnecessary sacri- is the same view as taken by merits, they said. brokers have been offering very low ices for some of these issues and ask- tenders on others. One of the aims of the new committee is to prevent holders from “giving away” their se- curities when not acquainted with their real worth. * Haslewood Talks on Banking. “Why Operate a Poor Bank?” was the subject of an address by Craig B. Hazlewood, former president of the American Bankers' Association, before the New Jersey Bankers' Association at Atlantic City today. He declared that the major problems of bank manage- ment are three: . Managing the bank’s rations. Managing the investment of the bank’s funds. the bank's new business activities. “To figure costs and manage efficiency is merely arithmetic,” he said, “but to reduce costs, increase iency and build profits—that is management.” In listing the principles which a banker must observe if his loan ad- ministration program is to be sound, he included the following rules: 1. No excess loans to customers, offi- eers, or directors. 2. No capital loans which enable the borrower to use the bank’s demand de- ?oeu in the permanent capital struc- ure of a business. 3. No loans on second mortgages, sccounts receivable, contracts for serv- ices yet to be performed, or other secur- ity upon which actual realization would be problematical. 4. A refusal to let competifion or the borrower dictate the credit terms. 5. No unsecured loan over $500 ‘without a financial statement. 6. Diversification of loans both as to security and types of business. A 7. Adopt a general policy of requir- annual liquidation. . Insist upon adequate compensat- h‘ balances. . Review large loans with a dis- eount committee. 10. Maintain a consistent follow-up %0 check the position of all loans from time to time. Hamilton on Bethesda Board. George E. Hamilton, chairman of the board of directors of the Capital Trac- tion Co. and vice president and general counsel of the Union Trust Co. has been elected a member of the board of directors of the Bank of Bethesda. accord! to announcement today by the president, George P. Sacks. The inent Washington attorney and ess leader lives on the Rockville pike and the Bethesda Bank directors ‘were icularly pleased to have him Mergenthaler Market Leader, Mergenthaler Linotype stock trading on the Washington Stock Ex- change today, 200 shares changing bands. The stock opened at 106% for ten shares. The other 190 shares sold at 108%, the largest block being 90 shares and the smallest 10. There were ten 10-share sales in ‘Washington Railway & Electric pre- ferred, the entire 100 shares moving at 9813, Two shares of Capital Traction sold at 74%, Potomac Power 6 per cent pre- ferred moved at 1101, and the 51, per eent issue at 106':. Peoples Drug Stores sold at 108. ‘The regular quarterly dividends have been declared on both Potomac Electric Power issues and on Washington Rall- way & Electric common and preferred. Heard in Financial - District. Subscriptions to the Treasury'’s new $100,000,000 offering of Treasury bills ‘was nearly three times oversubscribed. ‘The Washington Stock Exchange will be closed tomorrow and every Saturday until next October. Prince & Whitely, New York Stock Exchange house, is soon to open an office in Washington. The Richard Hatton Cup is to bt of- fered for 54 holes of medal play, low net score, made on Thursday, Friday and Saturday at the District Bankers' Association convention at Asheville, Chairman Robert 8. Stunz of the sports committee announced today. The en- tries for the cup, which is offered by the financial editor of the Washington Herald, will be open to any one attend- the convention. illiam Montgomery, president of the Acacia Mutual Life Association, is sbout to take a two months’ trip, visit- ing agencles all over the country. et g iy Stock Increase Planned. NEW YORK, May 16 (®.—An amendment to its articles of incorpora- tion increasing the number. of shares of no-par common to 500,000 shares from 300,000 has been filed by the New- ton Bteel Co. NEW STOCK TICKERS. BALTIMORE, May 16 (Speclal) — Arrangements for installing high-speed stock tickers in Baltimore hrokerage houses and other institutions using this service are being made by the Western Union. The new tickers, which are of handling a 10,000,000-share excepting those desigu which shows those stoc! 30. ~Prev. High. Low 110 104 23 15 150% 118 36 21 o Am 5 Am Water Wks (n1) y to be sold in Stock and Sales— Dividend Rate. Abraham & St pf (7). 508 Adams Exp (1.60) 26 Adams Millis (2). 11 109% 109% 4 Ahumada Lead. 2 Alr Reduction (3)... 14 Alr Way TI Ap(3%). 10 Ajax Rubber. 5 Alaska Juneau. 1 Albany Wrap Paper. 9 Allegheny Corp..... 119 Alleg Cpf $30w(544) 5 Alleg C pf $40w(5%) 2 Allled Ch & Dye(né). 8 Allled Ch & Dpf (T). 3 Allis-Chalmers (3).. 40 Alpha Port Cemt (3) 8 Amerada Corp (2)... 8 Am Bank Note pf (3) 108 Am Beet Sugar...... 2 Am Brake Shoe(2.40) 9 Am Brown Bov Elec. 32 Am Brown B E pf(7) 10s Am Can (4).. 88 Am Car & Fdy (6) Am Car & Fdy pf(7). Am Chain Co (3).... Am Chain pf (7) Am Com Alco(n1.60) Am Encaustic (2). .. Am European Secur. Am & Forn Power Am & For Pwr pf(7) Am&Forn Pwr 2d pf. Am Hawatlan SS (2) Am Hide & Lea pf... Am Home Prod(4.20) Am lce Co (14). Am Internatl (2 Am La Fr & Foa Am Locomotive (4 Am Locomot pt (7 ) Am Ra&Std San 1% . olling Mill(n2) Am Safety Razor(). Am Ship & Com. Am Solv & Chem. ... % Am Sol&Ch ev pf(3) 4 Am St i Am Stores (2) 1 Fdy pf (7) Am Sumatra Am Tel & Cable (5 Am Tel & Teleg (9). Am Tobacco (3) Am Tobaceo B ( Am Tobacco pf (6).. [ETVIVIVERE - TSR 5% Am Wat W 1st pf(6) Am Writ Paper ctfs. Am Writ Pa pt (4).. AmZinc Ld & Sm.... Anaconda Cop (7)... 16 Anaconda W&C (3). Anchor Cap (2.40) Archer-Dan-M (2).. Armour of Del pf(7). Armour of I11 (A) Armour of Ill (B)... Armour of Ill of (7). Arnold Constable. ... Asso Appl Ind (4) Asso Dry G (2%)... Asso Ol (2) . 1008 Atch To& S Fe (10). 14 Atch To & SFpf (5). 2 AUGUIf&WI)... 2 Atl Gult&W Ipf (5). 2 Atl Refining (12). 8 Atlas Powder (4)... Auburn Auto (34) Aust Nich pr pf A. Auto-Strop Saf R(3) Aviation Corp of Del 54 Baldwin Loco (1%). 6 Baldwin Loco pt (7). 20s Balto & Ohio (7).... 9 Bang & Aroos (3%). 6 Barnsdall, A (2).... 23 Bayuk Cgr 18t pf(7). 108 Beatrice Cream (4).. 2 Belding-Hemingway 6§ Bendix Aviation (2). 24 Best & Co (2 e Bethlehem Steel (6). /20 Bethlehem Sti pf (7) 2 Blu'thal & Co pf (7). 10s Bohn Al & Brass (3). 12 Borg Warner (4).... 6 Briggs Mfg Co...... 111 British Em S 1st pf. .100s Motor Trk 71 Bklyn-Manhat (4)... 2 Bklyn Man Trpf (6). 4 Bklyn&Queens pf(4) 2 Bklyn Union Gas (6) 11 Brown Shoe pf (7).. 108 Bulova Watch (3). Burr Add Mch (1) Canada Dry G A (5) Canadian Pacific(10) Can Pacific(new)w.L Capital Adm (A). Chicago & N W Chi Pnen Tool. Chi R | & Pac (1 Childs Co 12.40) Chrysler Corp (3) City Stores (506. ... City Stores A (3%)..100s Cluett-Peabody (5) i Coca-Cola (§) Coca-Cola A (3)... Colgate-Pal-P (2% ). Collins & Afkman Collins & Atk pf (1) Colontal Beacon. Col Gas & El pf A(8) Colum Graph (¢ ) 1 Columblan Carb (16) Comm Credit (2).... Comm Cred pf (1%). Com Credit 1at (6%) Comm Solvents (31) Comwlth & Sou(60c) Cmwlth & Sou pt (§) 4 Congoleum-Nairn ). Consol Cigar (7 Consol Cigar pf (7).. 1 Consol Cgr pr pf 63 . Consol Film of (2). Consol Gas N ¥ (4). ndred-share lots the letter s (65s) (285) odd lets enly. Prev Add 00. High. Low Close Close. 109 314 a‘.z:on thehs!ock Exlrihln'; '“f‘!m, e 12" ndersiond. that Contl Baking (A).,e Contl Baking (B)., Contl Baking pf (8).. Contl Can (2% Contl Dia Fibre (3) Contl Insur (3.40) . Contl Motors Contl Ofl of Crueible Steel pt (1 Cuba Co. . Cudahy Packing Curtis Publish (163) Curtis Publish pf(7) Curtiss Wright Corp 113 Curt WrightCorpA. 17 Dayvison Chemieal 6% 34 37% 12214 126% 176 171% Bales— Dividend Rate. Add 00. -1;: 6% Dome Mines (1)..... Dom Stores (31.30, Drug Corporatn (4, Dunhiil Intl (34) Du Pont de N (14.7 Dupont deN db pf(6) Eastman Kodak (18) Eaton Axle & 8 (3).. Elec Auto Lite (6)... 87 51 El Auto-Lite pf (7).. 70s Electric Boat. Elec Storage Bat (§) Eng Pub Serv (2.40). Eng Pub Sve of t6).. Eng Pub Sve pf(6%) Equit Office Bldg (3) Erle & Pitts (3%). ErfeRR....... Erfe RR 18t pf (4).. Bureka Carp Cl (4).. Evans Auto Ldg 3%. Fairbanks Morse (3) 4 3 10 . 408 9 4 1 1 Fairbanks M pf (7).. 108 Fash Park Asso..... Fed Motor Tr (80¢! Fed Wat 8. A (e2.40) 1 2 Fifth Ave Bus (64¢).100s 30 Filine's pt (8% ) Firestone T&R( Firestone T&R pf(§) First Nat Stre (3%). Fisk Rubb oo Foster Wheeler (2). Foundation Co...... Fourth Natl Invest. Fox Film (A) (4)... % Frank Simon pf (7).. Freeport. Tex (15).. Fuller 2d p£(17.40).. Gabriel Snub(A)new Gen Asphalt (¢) Gen Bronze (3)..... Gen Cable (A) (4) Gen Cigar (4). . Gen Electrie (1.60).. Gen Elec spec (60c). w. GenG & EIpt A (7). Gen G & EL B (e12). Gen Ital Eds (a2.62) Gen Mills (3 Gen M| ( sen 4 Gen Motors (13.30).. Gen Motors pt (7) Gent Qut Adv (3).... Gen Out Adv(A) (4). Gen Print Ink pf (6). Gen PublicSve (b§). Gen Ry Signal (5) Gen Theat Equip vte. Gillette Saf Raz(nb). Gimbel Bros. Glidden Co (2) Glidden pr pf (1). Gobel (Adolf). Gold Dust (23%4)..... Goodrich (BF) (4).. Goodyear Tire (5)... Gotham Silk H (23) 1 ). Grand Unlon pt (3).. Granite City Stl (4). Grant (W T) (1) Grt North pf (5) Grt North pf t ( GtNctfsO P Grt W Grigsby Grunow.... Backensack W (1%) Hackensk W pt(1%) Hahn Dept Stores. .. Hanna pf (new) (7). Har Wkr Ref (12%). Hartman (A) (2).... (B) (1.20). Hershey Choe (8)... Holland Fur (et2%). Houdallle Her B(3).. ¢ Houston Oil (b10%). Howe Sound (t4%).. Hud&Man Ry (3.50). ‘Hudson Motor (5)... Hupp Motor Car (3). Iliinots Central (7).. Independ Oil & G(3). Ind Motor Cyele. Indian Refining..... Indian Refining rets. Ray (b§% stk) Insurance Sh (46¢). . Interboro Rap Tran, Intl Agricultural. .., Intl Agricul pt (7) Intl Cement (4)..... Intl Combustion.... Intl 2%). 4 Intl Harvester pf(7). Intl Hydro E1 A (e3) Intl ch pf (4).... Intl Mer Marine (1).. Intl Nickl of Can(1). Intl Pap & Pwr (B).. Intl Printing Ink (3) stors Equity(3). Island Creek Coal(4) Jewel Tea (14). . Johns-Manviile (3). Jordan Motor Cat Karstadt (R) (1.02).. Kayser Julius (4)... Keith-Albee-O pf (7). Kelly-Spring Tire... Kelly-Spring 8% »f. Kelsey Hayes (3)... Kennecott Cop (5) Kimberly-Clark(18). Kinney (G R) (1)... Kinney (GR ) pf (8). Kolster Radio Kraft PhCh (1%).. Kraft Ph Chpf(6%). % Rresge(SS)Co(1 60 Kresge Dept § pf (1) Kreuger&Toll (1.34) Kroger Gr&Bak(n1). Lambert Co (8 Leh Port Cm pf (7). Lehigh Valley Coal. Lehigh Valley(143) Lt Liqutd Carbonia (4). Loew's. I (3)..... Loew's. Inc pf (§%). i42.70). Louisiana Ol LouG & El Ludlum 8t McAnd & F (12.85).. McCall Corp (234) McKeespt T P(t43%) McKeason & Rob (3) % Mack Trucks (6).... Macy(RH) & Co(n3) Magma Covper (5).. Man Elec Supply. Man Elev r ‘Man Shirt Marmon M. or (h3). Marshall Field (214) Martin Parry. Michigan Stl (m334) Mid-Cont Petm (3). . Middle States Ofl ef. M StP & SSM 1sd Mo Kan & Tex; pf (). Mohawk C Mills (3) Monsanto Ch ) | 38% Montgom Ward () ww pur-RBuaarnananr a2 @2 ®» » » murnoussunSanewenSes BanaBTaarDuunwmmnn Low. Close. 8% 8% 28% 28% 81% 35 8 28% 81% 331 128% 121 246 29 908, . 109% 5% zz| INDRAGEY MARKET| IN MARKET REVIEW Price Changes Small——Sev- eral Trading Favorites Resist Pressure. BY CLAUDE A. JAGGER, Associated Press Financlal Editor. NEW YORK, May 16.—The stock market virtually surrendered itself to speculative apathy today, and Wall Street was left to comb the business news and statistical studies coming to hand for signs of developments that might cause a market awakening. ‘Trading crept forward at a snail's pace, and price changes were largely negli- gible, save in a few specialties. One of the most encouraging statis- tical analysis making its appearance was the annalist preliminary index of business activity 928 showed a sharp upturn from the 89.5 figure for March. The principal March-to-April gains were in freight r loadings, electric power production, and cotton consumption. It was par- ticularly notable that the month show- ed a greater than seasonal gain in the movement of manufactured goods. The annalist stated, however, that present indications point to a smaliler gain in general activity during May. The forelgn trade figures appearing for April were again unsatisfactory. Exports, at $334,000,000, were the low- est of the year, and showed a drop in excess of $90,000,000 from April, 1929. Imports, at $308,000,000, were approxi- mately $26,000,000 above the low level of February, but were more than $100, 000,000 below the same period a year ago. Imports of gold, however, reached the large total of $65,539,000, and this has undoubtedly been an important factor in the current low credit rates. The major portion of the yellow metal came from Japan, which has been having difficulty establishing a favorable trade balance since returning to a gold stand- ard. As an indication of the abundant credit in this country, the Treasury was able to sell its new offering of $100,000,000 in bills on a discount basis of 2.54 per cent, & record low rate f this comparatively new form of Treas. ury financing. Call money on the Stock Exchange held at 3 per cent, but time money showed aif easier tone, with an abundance of 30-day funds available at 3 to 3% per cent. Warren Pipe and Fairbanks Morse, two falties which are rumored to have attracted new market sponsorship, rose moderately to new- high ground for the year. Reynglds Metals, another specialty which” has shown renewed ac- tivity of late, sagged a little in the early trading, but was quickly suj ported when news tickers carried a re- port that it would soon announce the acquisition of another large marker of metallic foll. This stock has been helped by reports of increasing tobacco sales. American Tobacco B, appeared to /e absorbed recent profit-taking and again surged up a few points. Some of the rails attracted fair buy- ing, such issues as New York Centr: Atchison, Delaware & Hudson a Great Western preferred making mod- erate headway. Auburn Auto rallied 6 nts, then lost its gain. Celotex rallied a like amount on dismissal of petition for a temporary receiver but sagged again when it was learned that appointment of a permanent recelver is still to be argued. American Can, Coca Cola, Pan-American B, United Aircraft and American & Forelgn Power were among issues making mod- erate Seveial of the leaders made the highest prices of the day in the last s hour despite the limited demand and recurrent liquidation in the copper and groups. United Air- craft ran up more than five on the squeeze of the short interest and J. I Case extended its gain to 10. New York Central, Eastman Kodak, Coca Cola and Columbian Carbon made con- siderable headway. Electric Storage Battery dropped five to the year's low. The close was steady. Sales approxi- mated 1,900,000 shares. NEW YORK, May 16.—The following is & summary of important corpora- tion news prepared by Standard Sta- tistics Co., Inc., New York, for the As- sociated Press: News Trend. Wholesale commodity prices moved very irregularly in the past week. Of the eight groups making up the Annal- ist index, four registered increase three were lower and one remained un- changed. The textile index dropped to s new all-time low. Food products group rose 1.2 points, metals, 1.1 points, and farm products, 0.6 point. The composite average gained 0.3 point. Corporation news included several dividend announcements of outstanding interest. Engineers Public Service in- creased its l;mulll ‘wh d!Vlddm‘d to 2.40, formerly paid $1 cash an cent stock. Equitable Office B\lfldfii placed common stock on $3 annual basis, against $2.50 previously, and Budd Wheel declared extra dividend of 75 cents on preferred stock. Sinclair Oil is reported to have completed nego- tiations for acquisition of Plerce Pe- troleum. Lion Oil Refining anngunced urchase of controlling interest in genmylvlnh Ol The Companigs. Acme Steel March q:yter sales 28 per cent below year . American Beverage earned 63 cents on common stock in 11 months to November 30, 1929, against 85 cents in 10 months to October 31, 1928. American Public Service March quar- ter net, before depreciation, off 6.7 per cent; 12 months, 5.8 per cent above year ago. 'Amerlun Locomotive received order for three mountain-type locomotives, weighing 309,000 pounds each, from Bangor & Aroostook. American Woolen advances prices of % | men's Fall suitings and overcoatings -2 to_ 10 cents a yard. 3 dd Wheel declares extra dividend of 75 cents on preferred shares in addition to regular quarterly payment of $1.76. Com.mbh Gas & Electric contracts to acquire Empire Gas & Fuel and asso- clated companies, serving 11,000 cus- tomers in and around Wellesvi and Hornell, N. Y. Consummation subject to approval of the New York Public Service Commission. Enginkers Public Service declares quarterly dividend of 60 cents on com- mon stogk, placing issue on $2.40 annual basis. Fexmerly paid $1 cash and 4 per annually. Directors voted to discontinuet stock dividends. Equital Office Building declares quarterly dend of 75 cents on com- mon stock, 'placing issue basis agal: nge? ipee Co. el ton Engi 126,667 commr:n lhl.ru:’lu:r? sumption of bilities. Winton stock- holders to volle on proposition. Hackensack Water 7 per cent partic ipation prefe: stock called for re- demption Juney 1 at $27.50 a share. Common stockhglders of record June 3 New Jersey Public ‘Commission, subscribe for ome additional common at $25 a sheve for each two held. controlling ning cific, thereby effecting \through line be- Louis and th\* Ocast. 14 | tween St. National Supply (Delaware) earned 40 cents on stock March quarter 3.03 for April, which, at|°f Department of Agriculture Reports Larger Fruit and Vegetable Shipments. During the second week of May, re- ports of the Department of Agriculture, California shipped only one car of cantaloupes, while the past week saw 190 cars rol! from that State. Standard crates from California jobbed at 10.00a 12,00, and Mexican stock sold at 7.00 in New York. Movement of asparagus by rail was fast) decreasing. Only 100 cars last week, mostly from South Carola, Illinois and Californi: Most jobbing sales were within a ra of 1.00a3.00 per dozen bunch ecrate. Watermelon production in Florida this season is forecast at 9,010,000 melons, 1,470,000 less t! last year. Im- perial Valley of California, on the other hand, is estimated to have 7,600,000 melons, compared with 6,319,000 in 1929. Movement of cucumbers began in Alabama- and Louisiana, and shipments were increasing from Texas and Florida. Southern Texas alone shipped 270 of the week's 360 cars. A marked decrease occurred in carlot movement of spinach as the Virginia season waned, but out- put of string beans increased greatly, particularly from Louisiana and Florida. About 60 cars of cherries moved from California during the week, and orange shipments from that State decreased to 765 cars, as inst California and Florida output of 2,645 cars during the same period last season. Grapefrult required only 31 cars, most of which was California stock. About 125 carloads of grapefruit arrived from Porto Rico. Green pea shipments to- taled 435 cars. California decreased to 215 cars of peas, while South Carolina increased to 125 and North Carolina forwarded 85 cars. The Mississippi pea season was nearly finished. Combined movement of 26 fruits and vegetables for the week increased only slightly to 15,815 cars and was still 3,700 lighter than a year ago. Markets for onions and cabbage were rather weak and dull. - Potato prices also declined considerably, as movement of new stock rapidly inereased, but strawberry markets were in good con- dition. Lettuce, tomatoes and celery declined slightly at shipping points. ‘Total cold storage stocks of apples were ANNUITIES Cash Refund—Joint—Deferred Send for Information LEROY GOFF INSUBANCE—ALL BRANCHES 1036 Woodward Bids. Nat. 0340 First Mortgage Loans In Ariingon Ogunty and Commonwealth Investment Co., Inc. 200 15th 81. N.W. Pheme Natiomal 2683 Mortgage Loaw Correspondent for Yhe Prudemtial Imsurance Co. of America Organized 1879 JOHN JOY EDSON, President Assets. . .$5,723,083.61 Come in and about 3 per cent greater than in May, 1929, but were 8 per cent less than the average holdings for this time of year. Shipments were fast decreasing. NEW SECURITIES NEW YORK, May 16 (#).—New se- curities offered today include: State of Illinois $1,000,000 four per cent bonds, priced at 99%, by First Na- tional Bank and Halsey, Stuart & Co. Borough of Maywood, N. J., $369,000 5% per cent bonds, to yleld 435 to 4.80 per cent, by C. A. Preim & Co. | |Washington Produce Butter—One-pound prints, 3815a39%%; | tub, 36%a37%5. ‘nm—xmnem 24; current receipts, . ve—Turkeys, hens, 22 brof 40 + Legl 33; old hens, 23a24' capons, 32a35; ducks, 15g16; keats, 60a65. Dressed— unz, 34a35; old, 30a32; ‘Winter chickens, rns, 36a37; fowls, 28a30; ; ducks, 25a26; keats, Meats, fresh killed—Beef, 20a23; veal, 20a22; lamb, 22; pork loins, 25a28; fresh hams, 24a25; fresh shoulders, 22; smoked hams, 26: smoked shoulders, 20a22; bacon, 26; lard, in packages, 13; e Mock—Cal ve s Ive 8al0; lambs, 1112, it b Vegetables—Beans, Florida, 2.25a2.50 bushel; South Carolina, 2.50a2.75 bushel; peas, Carolina, 50a1.50 bushel; cucumbers, Florida, 3.5024.00 bushel; Summer squash, Florida, 1.501.75; pep- pers, Florida, 3.00a4.50 crate; cabbage, 1.75a2.00 basket; corn, Alabama, 2.25 blllzuoet; lettuce, North Carolina, 1.75a ';mm Callfornia_ oranges, _small, . X rge, 6. .0 small, 5.50; large, 4.50a5. "m REAL ESTATE LOANS Real Estate Investments Nat.5201 1520K St.N.W. Saul Building 925 15th St. N.W. Several desirable rooms at very reasonable rents. Inspec- tion invited. B. F. SAUL CO. Nat. 2100 925 15th St. N.W. 'LQ'OPP Always ‘s;ie i Recommended! Guaranty First Mortgages! 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