Evening Star Newspaper, September 22, 1931, Page 13

More Informative Public An- nouncements Suggested by I* Convention Speakers. BY EDWARD C. STONE. More informative bank advertising and a greater volume of it were among the keynotes of the national conven- tion of the Financial Advertisers' As- sociagion just held in Boston, according to Eliot H. Thomson, advertising man- ager of the Washingtcn Loan & Trust | Co.; who represented the local bemking | fraternity at the meeting. . A higher type of salesmanship inside the bank:; was also stressed as a vital need after the newspapers have pictured in detail banking services to the public. It was said at the convention that the task of advertising men and salesmen is a little different today from what it was 1Wo years ago or even 10 months ago. Earl Newman, who is particularly in- terested in investment trusts, spoke of Lhe changed conditions in this way: “I am not sure, for example, that our problem at the moment is not one of confidence building in all of our ad- vertising, and all of cur sales activity. People are in that hysterical condition where they quote the price of every- thing, but know the value of nothing. The mere fact that some of their favo- rite stocks have found one new bottcm after another has made them forget that the physical assets back of these stocks are much the same as before. “You may be sure that the public is taking its cte from us. Tt is we who need to remind them that behind Amer- ican securities lies, not only earning power, managerial ability, snd enter- prise, but physical prcperty, plant ma- chinery, railway systems, timber lands, raw materials, that make up our wealth and resource as a nation. “It is reliably reported, for example, that if one of our many railway sys- tems were forced to liquidation today, the proceeds from the sale of timber land owned by one of its subsidiaries would, even at present prices, alone pro- vide a sum of money sufficient to make a4 most substantial distribution to stockbolders. And yet this physical value does mot show on the balance sheet of the parent company; nor is it reflected in market quotations on that company's stock! “It must be made clear to people that | securities are more than scraps of paper, that they afe inextricably tied up with the demand of 120,000,000 peo- ple for the things of life. Perha) we were to deyote our time and adver- tising allowances to describing the phy- sical assets behind the securities, peo- ple are now wary of buying, some of that, ¢ that has been burled under the apple tree in a kitchen pot would be returned to circulation.”. Carpel Corporation Raises Dividend. At a mesting of the dkm of the Carpel Corporation late & dividend of 50 cents per share was de- clared payable October 1 to stockholders of record September 24. This declara- oAl busks, agatnst 31,80, plus. extras, nual basis, agal plus e: Der annum, previously paid. rry"l ‘Carpel. grulden“: o'X the lJocal corporation, reports excellent progress sales for the first seven ing $1,138,606, as compared | with $1 062871 for the correspon: m{ period of 1930, in spite of the fact that prices of merchandise sold show a de- crease of about 20 per cent. The entire dividend for the year has been more than earned in first seven months of business. John F. Brawner, of Waggaman, Brawner & Co., Inc., was electel treas- urer of the corporation-to fill-the va- cancy caused by the death of the late Arthur Foraker, The stock is listed on the Wasl ton Stock Exchange and is widely heid by local investors. B. & O. Dividend Discussed. In view.of the fact that other car- riers, such as New York Central, have reduced their dividends lately, it seems likely that the Baltimore & Ohio will do likewise when its board of directors meet on Se r 30, says today’s Wall Street Although !t u dtmeult to predict what acticn the will take, it would not be -urprulng for the road to declare a dividend of $1 against a payment three months ago of $1.25 a share, in view of earnings shown thus far this year, Up until a short time ago, it seemed that the road would most likely have to be drastic in the dividend reduction, bb‘e" conditions are bsginning to look tter. It now seems ?oulble that the Balti. more & Ohio will earn as much as $3.50 ‘a share on its common stock for 1931. A 10 per cent increase in freight rates, it is estimated, would add $I.- 000,000 a month to the Baltimore & Ohio’s revenues. Active Session on Exchange. Trading was again active on the ‘Washington Stock Exchange today, con- fined largely to stocks. The first five transactions were 10- share lots in Potomac Electric 6 per cent preferred, followed by two 5-share sales, all made at 11212. The 5); per | cent preferred also came out during the | i day, selling at 110, Lanston *Monotype, which recently changed from an 8 per cent basis to a 7 per cent basis, opened today at 77 for 10 shares. Ten shares then sold at| 7615, 10 more at 76, and 20 at 76. | Washington Railwey & Electric pre- ferred changed hands today at D7’h| and 12 shares of Riggs National! Bank ! stock sold at 370. This was the Xl!fle.!t: block of Riggs National stock that has appeared on the board for some time. Capital Traction figured in small- lot trading, ex-dividend, at 30, after last week's close ex-dividend at 32. While very little stock is coming out, the lower quotation is due to the taxi- cab competition which has recently | dented earnings. Holders of the stock are now hoping for a more rigid con- trol of the taxicab business by the Pub- lic_Utilities Commission. i Recent additions to the local issues now quoted ex-dividend are Norfolk & | Washington Steamboat Co, and Fed- | eral-American Co. common and pre- ferred. | Washington Clearing House figures | for today: $3,226,086.78. NEW EFFICIENCY ERA HELD PROSPERITY KEY' Marc A. Rose, editor of the Business ' ‘Week, warns that American business during this phase of its recovery is en. | tering an era of competition more severe than any it has previously known. not mean the brutal { bare- | Rose explains, “ petition will consist of the relcnt.ug pressure of efficiency. “Note the corpcrations reporting im, | proved net profits despite smaller gross volume. This means modernization of equipment, modern facilities for gov- erning efficiency of personnel. Pirms which fail to adopt the best will take a licking. OIL OUTPUT GAINS. TULSA, Okla, Secptember 22 (#).— The recently opened Texas areas ac- counted for 21,654 barrels of an increase of 41,704 barrels dally in the crude ol.l‘ production of the United States the week. ending September 19, the Oil and Gas Journal estimates. Total produc- tion was 2,179,594 barrels daily, as com- | pared with 2,137,890 barrels in the pre- | ceding week. Total average ;rflducllon from East ‘Texas was 419,425 barrels as compared with /397,771 barrels, 120% 124% 129% 1624 38% 88 48% 21% 141 16 331, 51% 90 9% 10% 8 30 64 31% ’171 M' THE EVEN NG STAR, WASHI GTON i s 0 ~NEW YORK STOCK EXCHANGE 100-share lots except those designated by letter “s.” | 193] Stock and Bales— Dividend Rate. 2% Abitibl Pwr & Paper, 8 Adams Express (1).. 8% Adams Exp pf (5). 224 Adams Millis (2) 11% Addressograph (1). 2 AdvRumley.......s 67% Alr Reduetion(t4%). 1% Airway Elec Appl 7 Alaska Juneau (4! 815 Alleg Cp pf w $40 w. 24 Allegheny Steel 60c. 861 Allied Ch&Dye (n6) . Allied Ch&Dye pf (7) 1415 Allis Chalmers (2 1 ‘14% Amerada Corp (2). 7% Am Agrl Chem(Del), 20% Am Bank Note (13).. 54 Am Bank Note pf (3) * 1% Am Beet Sugar, .. 24% Am Brake Shoe(2. ‘0. 110% Am Brake Sh pf (7). 78 Am Can Co (16) 140 Am Can Co vf (T) 9% Am €ar & Fdry (1 54 Am Chain pf (7). 36% Am Chicle (13). 6 Am Colortype. 5% Am Comel Alcohol. . 5% Am Encaustic 'l‘fllnl' 9 Am European Secur. 14% Am & For Power.... 501 Am & For Pwr pf(6). 25 Am & For Pwr 2d pf. 4% Am Haw St'ship (1), 1 Am Hide & Leather. ., 10' Am Hide & Leath pf. 45% Am Ilome Prod 4.20., 12% Am Ice Co (3) 6% 9% Am Locomotive (1) 65% Am Lo'motive pf (7 17% Am Mch & Fay 1.40.. 5 Am Metal Co. 421 Am News (13%). 18% Am Pwr.& Lt (11). 75 Am Pwr & Lt of (8) 58Y% Am P&Lt pf A st(5). 714 Am Radiator (§0c).. 3% Am Republics....... 15 Am Rolling Mill 341 Am Safety Razor (5) 3% Am Ship & Com..... 19% Am Smelt Ref (2).. ' 100 Am Sm & Ref pf () o 13% 295% 2% 20% 69% 53 29 Am Snuff (13%) 102% Am Snuff pf (6).. % Am Solv & Chemi 1 Am Solv & Chem pt 91 Am Steel Found (1) 37 Am Stores (12%)... 42 Am Sugar Ref (5)... 96 Am Sugar Ref f (7) 6 Am Sumatra Tob. 135% Am Tel & Telex (9) 85% Am Tobacco (16 89 Am Tobacco B ( 124% Am Tobacco pf (6).. 82 Am Type Fy pf (7). 31% Am Water Wks (3)., 30 Am Wat Wkpcts(3). 89% Am Wat W 1st n!(l) 5% Am Woolen Co. 20% Am Woolen Co 8 Am Zinc & Lead. . 26 Am Zinc & Lead p! Anaconda Cop (l*). Anaconda W & C (1), Anchor Cap (2.40) 20% Armour of Del pf (1) 1% Armour of II1 (A)... 7% Armo 3% Arnol 11% Art Metal (80¢)..... 4 Associated Apparel. 12% Asso Dry G (2%).. Atch To&S Fe (10).. Atch To&S Fe pf (5). Atl Coast Line (1) At] Guit&W I pt (5) Atlantic Refining (1) Atlas Powder (4)... 515 Atlas Stores (1)..... 101% Auburn Auto (£4)... 1 Autosales. 2 Autosales pf. 23 Aviation Corp (Dei) 8 Baldwin Locomotl 31 Balto & Ohlo (5) Barnsdall Corp'n. . .. 'Il Bayuk Cig 1st pf (7) 48 Beatrice Cream (4).. 44 Beech-Nut Pkg (3).. 1% Belding-Hemingway 14% Bendix Aviation (1). 29 Best&Co (2).... 32% Bethlehem Steel (I). 94% Bethlehem 8t pf (7) 8 Blaw-Knox (1)... 16'4 Bloomingdale Bro: Bohn Alumn (1%).. Bon Aml (A) (16)... 4 Borden Co (k3). Borg Warner (1). Botany Con Min ( Brizgs Mfg (11%).. Briggs&Stratton(2). Brockway Mot Trk.. Bklyn-Man Tran (4). Bklyn-Man Tr pf (6) Bklyn Union Gas (5) Brunsw-Balks, Bucyrus pf (1). Budd (E G) Mfg Budd Wheel (1) Bullard Co. .. 6% Bulova Watch (80c). Burrough A'M(t1%) 17 Bush Terminal(2%) 6815 Bush Term deb (7). Butte Copper & Zip % Butte & Superior Butterick Co 1% Byers (A 315 allt Packing (2) alumet & Arizona. Calumet & Hecla. Camp W&C Fdy (1). Canada Dry G A (3). Canadian Pacific 1% . Case (J 1) Co. Case (J 1) pt (7). Caterpillar Trac(3). Cavanaugh-Dobbs Celanese Corp. .. Celotex Co. .. Celotex vtc ctfs Celotex pf Cent Azuirre (13). Cent RRof N J (8). 4 Century Rib Mills. ., ‘entury Rib M pf(7) Cerro de Pasco (1).. Certain-teed Prod % Checker Cab Mrig Ches & Ohlo (2%) Chesapeake Corp(3). Chi Great Western. . Chi Great Westn pf. Chi Mil StP & 4 Zhi Mil StP & Pac pf. Chi & Northwest (4) Chi Pneu Tool Chicago R 1&Pacific. Chi R1& Pacpf (8). ChiRI&Pacpf (7). Chi Yellow Cab (3).. Childs Company.... Chrysler Corp (1)... City Ice&Fuel (3.60) i City Tce&Fuel pf 6% City Stores Clark Equipment(1). Cluett-Peabody (3) . Cluett-Peabdy pf (T) ol 6) Collin & Afkman. .. Collins & Afk pf (7). 15 Colonial Beacon...,. 8% Colo Fuel & Iron. .. . 204 Colo & Southern (3). 19% Col Gas&Elec (2).. 92% Col Gas&El pf A (6). 3% Columb Graph (56c). 49% Columb Carbon (5) .. 11% Comm Credit (1.60) 30 Comel Credit A (3).. 76% Comecl Cred 18L(6% ) 21% Comel Cred pf B (2). 17% Comel Inv Trust (2) 99 Comel Inv Tr pf 634, 79 Comm Inv cvpf(es). 9% Comel Solvents (1). 4% Comwith&Sou (40e) 77 Comwlth&Sou pf (6 .. 25% Consol Cigars tl) .ed 4 10s o o PP PR T T T ) wuBumaBanmms 8 2% Recelved by Private Wire Direct to The Star Office. Net. | High. Add 00. High. bv Close. Chge. | 80 118% 5% 8! 112 41 23 1~ Stockana Tow. _ Divident 6414 Consol Cigars pf (7). 308 53 Consol Cgrpr pf 6%:. 1(]); Gl‘i 5!\6 5 78% Consol G 101% Consol Gas NY pf (5) 10% Consol Laundries(1); 20 ConsolRwys pf (6).. 5% Contl Baking (A). 1 Contl Baking (B 44% Contl Baking pf (8 38% Contl Can (2%). 51 Cont Diamond Fibre. 25 Cont Insur (2.40). 1% Contl Motors. . 5 Contl Ol (Del) 1% Contl Shares. ... 445 Corn Products (t4) .. 143% @orn Prod pf (7) 4 CotyInc.... 20 Cream of Wheat 315 Crosley Radio. . 18% Crown Cork (2.40) 30% Crucible Steel.. 65 Crucible Steel pf (7) % Cuba Cane Products. 24 Cuban-Am SUgar.... 14 Cuban Domn Sugar. . 35% Cudahy Packing (4). 617% Curtis Publish (4)... 100 Curtis Publish pf (1) 1% Curtiss Wright. .. 3 Curtis Wright (A) 95% Cushmans pf (7) 1215 Cutler Hammer. 5% Davison Chemical. .. 13% Deere & Co pf (1.40), 96 Delaware & Hud (9). 2915 Del Lack & Wn (4).. Detroit Edison (8). . Devoe & Ray A(60c). Diamond Match (1).. Diamond Mtch pf 1% Dome Mines (1)..... Domn Stores (1.20).. 214 Doug Alrcraft(t1%) Drug Corp (4)...... ‘Dupont de Nem (4).. Du Pont de N pf(6). 4% Bastern Roll Mills. . 113% Eastman Kodak (18) 128% Eastman Kod pf (6) &% Eaton Axle (1.60). 3% Eitington-Schild 35 Eitington-Schild pf., 27 Elec Auto Lite (4)... 98 Elec Auto-Lite pt(7) 2 Flectric Boat....... 214 Elec&Musical Instru 23% Elec Pwr & Lt (1)... 79 Elec Pwr & Lt pf(6). 86 Elec Pwr & Lt pf (7) 30 Elec Storage Bat (4). 15 Emerson-Brant (A). 30 Endicott-Johnson(3) 25Y% Equit Office Bldg 2% 10% Erle RR... 1815 Erle RR. 3 _Evans Auto Prod 7 Fairbanks-Morse. 57% Fairbanks M pf (7).. 2% Fashion Park Asso.. 82 Fed Lt & Trac pf (6) 314 Federal Screw Wks.. 11 Fed Wat Sve A(1.20) 26% Fid Ph Fire In(2.60). 13 Firestone T& R (1). 56 Firestone T&R pf(6) 41 First Natl Strs (2%) % Fisk Rubber. 96 Florsheims p! 7 Follonsbee Bros. 13 Foster Wheeler (1).. 4 Foundation Co.. 18 Fourth Nat Inv msbe 9% Fox Film (A) (2%3.. ' 67 Franklin Smn p£(7). T ) 25% 65 484 =%|n7" 54% 13% 207 51% 179% 12% 6214 57% B0% 315 6% 24% [27% Gamewell Co (3 2% Gen Am Inv 62% Gen Am Inv pf (6) 4714 Gen Am Tank Car () 11 Gen Asphalt (2)..... 16% Gen Baking (2). 4% Gen Bronze 3% Gen Cable, . 7 Gen Cable (A). 21% Gen Cable pf. 2914 Gen Cigar (4). 107% Gen Cigar pf (1). ... 29 Gen Electric (1.60).. 11% Gen Elec spec (60c).. 39% Gen Food Corp (3. . 3 Gen Gas&El A(e30c) 23% Gen Gas&E cv pf (§) 3914 Gen Gas & FilecA (7). 35 _Gen Mills (3) 6 Gen Mills pf 27% Gen Motors (3). 95 Gen Motors pf (5)... 4 3% Geh Outdoor Ady, ... 14 6% Gen Outdoor Adv(A) 3 14 Gen Prtg Ink (2%).. 1008 50 Gen Prtg Ink vf (5).. 2308 4% Gen Public Sexvice.. 24 32 GenRy Signal (5)... 2 1% Gen Realty & Utll... 48 23% Gen R & Ut pf (e6).. 28 Gen Refractories (3) 11 Gen Theatre Equip. . 10 Gillette Saf Razor. 48 Glidden Co pr pt (1). 4 Gobel (Adolf). 184 Gold Dust (2% . 105 Gold Stock Tel (8. 6% Goodrich (B F). 304 ,ood)urT&Rd). 63 Goodyear 1st pf (7). 4% Gotham Silk Hoslery 50 Gotham S H pf (7).. 2 Graham-Paige...... 8% Granby Con Min (1). 7 Grand Sil Strs (h1).. 10% Grand ('nion 34% Grand Union pf (3). 25% Grant (W T) (1) 5 Great Northn pf 4% Great Northn Ore(2) 615 Great Western Sug. . 2 Grigsby Grunow.. 18 Gulf Mobile&Nor pf. 4 Gulf States Steel % Hackensack W (1% ) 26'5 Hacken Wat pf A 1% 80- Hall (WF) (1.20 Hanna pf (7) 4 Harb & Walker (1). Hayes Body Corp. 10 Helme (GW) pf (7)., 108 Hercules Powder(3). 1 Hercules Pow pf (1) 1208 Hershey Choe (5)... 12 i Hershey Choc pf (16 6 Hoe (R) & Co. * Holland Furn (12%) 2 Hollander Sons..... 4 Homestake Min (18), 10 Houdallle Hershey.. 13 Household Fin (4. zo) Houston Ofl.... Houston Oil (new).. Howe Sound (2).... Hudson & Man (3%) Hudson Motor (1)... 41 Hupp Motors. ... Tllinois Central (4).. Illinois Cent11 (4).. Indian Motor Cycle.. Indian Refining . Indust Rayon (4). Ingersoll Rand (4).. Inland Steel (2%)... Inspiration Copper. . Insuranshares Del A. Insur Shr(Md) (40c). Interboro Rap Trans Interbo Rapid Tcod. Interlake Iron 1% In. Agricultur 10% Int Agriculture p! 117 Int Bus Machine(né)x 5 “arriers,Ltd b0c. Int Hydro El A (e2). int Match pf (4) int Merchant Marine. Int Nick of Can(40¢c) Int Nick Can pf (7)., Int Paper & Pwr C... int Printing Ink Int Rys Cent Am int Salt (3) int Shoe (3). ... 18 IntSliver,. 16% @int Tel & Tel (1) 11% ot Dept Stores (2 58 interst DS pf xw(T). 3 Tnvestors Equity. 38% Jewel Tea (4). 33‘& Johns-Manville ll).‘ 31 Jones & Laugh pf(7) 130s lw,u KC P&L 1st pf B(6) 1208 8% Kansas City Southn. 51 10% 8% 11% K'mann Dept Strs(1} 1 111 11% 9% Kayser (J)&Co(1). 15 9% 9% (Continued on Page 14.) fi?" 115% 113% STOCKS IRREGULAR | [w g g g NUGHT TURNOVER - - % General List Holds Well After Losses During Early Trading. —‘A BY GEORGE T. HUGHES. % | Special Dispatch to The Star. NEW YORK, September 22—In striking contrast to Monday's exciting trading, today's stock market witnessed only minor price changes. There were sporadic advances in the rails and riods of heaviness in the utllities, neither movement carried far. In the main the market held well, Prices were not subjected to the test of offerings for short account, as such operations were still interdicted. There did not seem to be much forced liquidation, so that about the only con- clusion to be drawn was that stocks had discounted the abandoning of the gold standard by Great Britain, tem- porarily at least. Commodity prices moved uncertainly, but there were more advances than declines. The sterling exchange mar- ket was a tentative affair. The pound A " |'was quoted at $4.215 in the afternoon, + % | against $4.30, the previous close. %! "The fact that the startling interna- —1%| tional developments had been taken s well by Monday's market quieted appre- hension before the opening today. In +1% the first half hour only 400,000 shares changed hands, compared with 1,100~ — 14 | 000 shares the day before. At the start, — w | prices were down a_ point or so, but before noon the loss had been made up % | and the list as a whole ranged higher. ‘The ban on short selling ordered by the exchange authorities was continued. Meanwhile, those already short put in Z %|some anxious hours. Reading, Which % |was the feature Monday, being up at one time 25 points on frantic covering, moved over a much smaller range but 4 5 | held firmly. - % Today it was Western Union that dis- —g |tressed the bear interest. There was a % 14 |spread of five points in the bid and + % |asked guotations before the first sale. — 14 | When the stock finally opened, it was —6 |up 6 points, with an additional 3 points —7§|added on succeeding transactions. +2 Reading was still loaning today at 1 — % |per cent premium and Western Union at 1 per cent premium, meaning that the speculator short of 100 shares of Reading was forced to pay $100 a day to borrow the stock and that the one short of Western Union had to pay $50 a day. Buying in the railroad stocks was partly stimulated by the “squeeze” in Reading and partly by buying for in- vestment account. Northern Pacific was taken on the expectation that the stock would be put on & $4 dividend basis at Wednesday’s meeting against the present $5 rate. Atchison, New York Central, Lackawanna and South- ern Pacific all rebounded from their recent lows on the theory that they had discounted everything unfavorable that % could happen. “NEW YORK BANK ST STOCKS NEW YORK, September 22 (#)— Over-the-counter market: 1 5 0% — % FESFER FF O FEEF -] o > CL ™ wesdBysyl ofas T ° TRUST COMPANIES. g3 % .. 5833:-".:2&3 3 VR FE NSNS FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co. Nominal zoid Selling chec Zurich, frane Athens, Madrid, pes vmm-‘ ehiliing: SHORT-TERM SECURITIES (Reported by J. & W. Beligman & Co.) Bid, Offer. 105 —8M | Allis-Chalmers Co. bs 1937..... 10134 1013 7 =1 |American Chain Co. 6s 1933... 97 97% 32 —1% American Te. & Tel Sts 1943 110% 110% 4y 1% | Amer. Wht. Wks. & EL 55 1934 99% 597 . Baltimore & Ohio 4%s 1933.. 0% 93 Belding Hemingway Co. 65 19 Bethichem Steel Corp. 55 1936 Canadian Nor. Rwy. 4'as 1935. I. Northwestern R. R. 85 1933 ..... 20% +1% —% + 't ~1% Y 4 —1% 7 n. Mot. Accep. Corp. 65 General Petroleum Corp, 85 1 General Public Service '35 d Trunk of c'&"‘u‘:" TS g Portiand” Gene i Republic Iron l fltul 55 1940. . Sinclair Crude Oil Co. 5'as 1938 Southern lclflc St. L. IM.8. Ry Union Elec. Lt. & Po Union Oil Co. Virginia Rwy. & Power ss' 1 abash Rwy. Co. bs 1939 TREASURY CERTIFICATES. (Reported by J. & W. Sellsman = by J. & man - 100 1032 Most of the bathing suits Mexico this year were bought in Mexico City, which has no beaches. PROPERTY Apartment House TUESDAY, SEPTEMBER 22, 193T. m,-og..pouml prints, 34; tub, Eggs—Hennery, 30a32; cepits, 20a22. Poultry, _alive—Spri poundswund over, n- 8; unds, 25a27 horn.l, 22824 small, 21a22; Mfl, lll Dressed—Spring broflm. 3 pounds and over, 32a23; 2 to 2% pounts, 29a 30; 1% to 2 pollndl 26a28; Leghorm 7“27 hens, * large, 35; 1, 15; Long Island ducks, 2!.22 Meats—Beef, prime, 16a16%; choice, 15a15%; good, 14a15; medium, 11158 13%; cow, 8l,a9; veal, top, 15115‘ medium, 12i5a13; lamb, top, 17 medium, 14a16; pork loins, 8 to 10 pounds, 20a21; 8 to 12 pounds, 18a19: 12 to 14 unds, 15816; fresh hams, 19; smoked hams, 21; strip bacon, 22a 23; lard, bulk, 9; puckues, 91%a10. Live stock—Hogs, heavy, 5.10a5.90 medium, 5.8026.00; light, 5.80; 5.50; ro\lxlu 3.25a4.25; calves, 9.00; 00a7.50. Prum—wnermzlonl 15a35; canta- loupes, Colorado flats, 1.25a1.35; honey- dews, 1.75a2.00; Persian melons, 2.00a 2.75; oranges, 3.50a5.50; lemons, 10.00a 12.00; limes, per 100, 1.75; apples, bushel baskets, 50a1.00; box stock, 2.25a2.50; rars, 3.00; Seckels, per bushel, 1.00a 00 ll-pound baskets, 35a50; peaches, pes, Concords, crates, 1.00; bmhel huk!tl 7581.00; Tokays, 1.75a 2.00; Thompson, seedless, 2.00; pine- apples, 4.00a4.50; prunes, 1.00; figs, 4.50; damsons, two-peck baskets, 1.00a1.25; grapefruit, 5.00a5.50; bananas, 1.75a 34_510; persimmons, 1.00; cranberries, Vegetables—Potatoes, per barrel, 1.75a 2.00; sweet, per bushel, 50a75; toma- toes, 50a75; string beans, 50a75; limas, 2.00a3.00; cabbage, 50a75; kale, 50; spin- Ach 50a75; corn, 75a1.00; cucumbers, ; celery, 3.75a4.00; letfuce, Iceberg, !25!‘ 00; New York, 1.25a1.50; carrots, r 100 bunches, 3.00; beets, per 100 nchex 3.00; lrslpllnt 5; okra, two- current re- broilers, 3 3 to 2% 7.00a luuuh 50a7! ‘mushrooms, 60a1.00. g SILVER QUOTATIONS. NEW YORK, September 22 (#).—Bar silver easier and % lower at 28%. Money to Loan red by first deed of 1 :lh“".: .nrlll on rul estate. "" Prev; Joseph 1. Weller &5 Pure Hot Wuter " fromthe Copper-Lined Merion Heater Mede in 3 Sizes—20 Gals., Priced as Low as $120 Plus Installation Always Insist on “Schafer Quality” Materials E. G. Schafer Co. 4100 Georgia Ave. : Tclcphna ADams 0145 | Feddedded gk ke ok Aok o HARRIMAN & Co. New York Stock Exchange New York Curb Exchange Washington Office 729 Fifteenth St. N.W. G. BOWIE CHIPMAN, Resident Partner ek ek A ek ek ek Aok Sk s e e ok st ke o i ek s ke ok § Established 1888 We Buy and Sell Sccurities On Commission Basis Only Odd Lots Purchases and sales will be charged only ‘the regular commission of the l-xch:ngc upon which lhe ordzrs are executed, with a minimum com-! mission charge of $1.00 on New York! Stock Exchange securities and $2.00 on New York Curb,Exchange securi- ties. MAIN OFFICE 111 Broadway, New York —Executive Type man we want is nuleulslyt trained man she readily adapt himself to our work. The man selected will be given entire charge of and will eny salesmen. H and sales manai future advancement in our organiza- We offer a thoroughly sound, con- sgrvatve modern plan for, the em- i xtending safe- o recogn thnted hational expansion. If you believe you are the man who can success{ully handle our rep- resentation, write fully giving all data possible about yourself, experi- ence, education, etc. Address Box 342-E Star Office MANAGEMENT MANAGEMENT FTER a consultation with us as to our ways and means for the management of Apartment House property you will quickly see why owners find it so decidedly to their advantage to employ our service. The fee is moderate; but the benefits are many and profitable. B. F. SAUL CO. ~1% 0 —-% MWK — U 11315 - 1% 925 15th St. N.W. MORTGAGE 50a2.00; peppers, 63a75; pigs, | | LOANS FINANCIAL ¥ A—-13 mmmmm* Money Available’ for Mortgage Loans UR adequate facilities, plus attentive service, will simplify your refinancing problem. Upon your application for a FIRST TRUST LOAN we will go to work immediately upon the necessary prelimi- naries—givin(dyou as prompt report as is possible— and if approved—the money becomes available at once. Apartment house, office building, residential and business properties in Washington and nearby Maryland and Virginia consid- ered for loans—for 3, 5 and lo-year penods, and at only 5]/2% RANDALL H. HAGNER & GCOMPANY Ml_amw': LoAx CORRESPCONDENT 1321 Connecticut Ave. Decatur 3600 | *m||||||nnmummmn||||m||mmuuu||um||||lmlnmmmummmmmlnmuullmlmmmnmmmmm* _—— F. B. KEEOGH & COMPANY Members of New York Stock Exchanse Washington Stock Exchange New York Curb Exchange hi Liverpool Cotton Asmel-uon. Ltd. New York Cotton Exchange New Orleans Cotton Exchange New York Produce Exchan Wilinipeg Grain Exchangs . Y. Coffee & Sugar Exchnnse Inc. nu»uer Exchange of N. Y., New Fork Cocon Exchanee. York Hide Exchange, Inc. Rinneaporis Smmber of Commeree National Metal Exchange, Tnc. Bremen Cotton Exchange (Assoc. Members) STOCKS BONDS COMMODITIES DIRECT PRIVATE WIRES We are eql;ipped to handle promptly orders on the leading exchanges of the world. H CORNER 17TH ST,, N. W,, WASHINGTON NATIONAL G245 New York Chicago Philadelphia . ‘Brooklyn Detrolt Winnipeg Providence National Saving & Trust Co. Oldest Savings Institution in the District of Columbia s Cor. 15th and New York Ave. Companions in School {To better equip youth for life’s battles, schobl books should be supplemented by a Bank Book, Thrift cannot be ingrained.too early. fThis Sixty-five-year-old institution ‘invites deposits in any amount— A Banlu'ng’ Connection With any American Security Office affords ‘a valuable contact with all de- partments of this strong bank and with executives who are capable of inter preting its broad policies in terms of your individual need Every Banking and Trust Service 15th and Penna. Koo * Branches: 4 Northeast— 8th and H Streets N.E. Northwest— 1140 15th Street N.W. Surplus—$3,400,000 Central— 7th and Mass. Ave. N.W, Southwest— 7th and E Streets S.W. Capital—. Refinancing at offers the advantages of a longer loan term, and a lower interest rate . . May we prove to you, in detail, the substantial savings possible through five and one-half per cent financing. Loan Correspondent. for ““The Prudential” Prompt approvals — Valuable prepayment privileges — Three year loans on newer properties without amortization. H. L. Rust Company 1001 Fifteenth Street National 8100 BAUTTARILE B IED e