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Evening star. [volume] (Washington, D.C.) 1854-1972, June 18, 1924, Image 29

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. hen receipts heavy
AT CENTER MARKET
Bather Light Demand Causes Low
er Prices in Today's Whole
sale Dealing.
CALF PRICES ARE LOWER
, Meat Dealers Guard Against Hot
Weather—Vegetable Review.
I.»arge receipts in hens and chickens
yesterday afternoon and this morning
■weakened the commission market In
this product today. Healers were
abundantly supplied with the fowl,
which were not in great demand. The
price was trimmed a cent or two. and
it was understood that pood hens
could be bought for 24 cents, or. in
unusual cases, even lower. No exact
• price had been “settled.” however.
The chicken market was not as
seriously affected, but merchants had
a goe< number on hand with a fair
demand
The live calf market in some in
stances drifted down to 9 cents for
top choice products. Ijambs are en
joying a fair business, as this meat
* is more acceptable in warm weather,
it was pointed out.
The egg market, both with com
mission merchants and jobbers, was
unchanged. Dealers in meats, know
ing the effect of warm weather on
their products, have supplied their
hooks accordingly.
The Department of Agriculture
vegetable report here follows;
Apple Supplies Moderate.
Apples—Supplies moderate: demand
light; market dull; barrels. Maryland,
Virginia and West Virginia. _No. 1,
inches up. Winesaps. 4.75a5.50;
Tellow Newtons. 4.50a5.00; 2**-inch
Winesaps, 3.75a4.25; boxes, North
western. medium to targe sizes, extra
faney Winesaps. 2.75a3.00; Yellow
' Newtons. 2.50a2.75. Cabbage—Sup
plies moderate; demand light: market
steady; homegrown, uncovered bar
rels. pointed type. 1.25a1.50. Canta
loupes—Supplies heavy; demand mod
erate; market slightly weaker; Cali
fornia. Imperial Valley. Salmon Tints,
standard 455. 2.75a3.t*0; few special
marks. 25 higher; jumbos. 36s and 455.
mostly 3.25; ponys. 545. 2_.00a2.25;
mostlv 2.00; flats, 12s and 15s. I.loa
1.25; 'mostly 1.25. Peaches —Supplies
moderate; demand moderate; market
steady; North Carolina. sixes. Red
Birds, bpst. 3.50; some decayed, 1.->oa
2.50; Mayflowers, small, soft. 2.00a
2,25; Georgia, sixes, Pneedas. over
ripe, decayed. 75a1.50.
»w Potatoes Firm.
Potatoes —Supplies light; old stock.
■ demand limited, market steady; Mich
igan. 150-lb. sacks Russet Uurals. I
S. No. 1. 3 00a3.25. mostly 3.00 per
; new stock, demand mode-rate,
market firm; North and South Caro
lina cloth top slat barrels. Irish Cob
bier's. V. S. No. 1. 3.00a3.25. Tomatoes
- Supplies liberal; demand good, mar
, k«t fairly steady; Mississippi fours,
turning, wrapped, fancy count, I.ooa
1 15. few 1.25. Watermelons —bup-
plies light; demand limited, market
dull; Florida, bulk, per 100 melons.
Tom Watsons, 27 and 28 lb. average.
75.n0a.00.00. Strawberries —Supplies
moderate: demand moderate, market
steady; home grown, 32-at. crates,
various varieties. 2.00a4.00 .mostly
*> 50a3 00. String beans —Supplies
moderate: demand moderate, market
firm Virginia-Norfolk section. 5-peck
ham pe rs!gre- e n a,
fair quality at 2.a0;
bu. hampers, pten, l i0a.2.00. Dew
berries —Supplies light; demand mod
. erate market firm; North Carolina.
32-qt. crates, fair condition. 4.00a4.D0.
Cars on Track at 8 A.W. Today.
Bananas —2 unknown freights. I un
broken car on track. Beets-U6 orates
Virginia boat. Cabbage—9o crates
Virginia boat. Cantaloupes—9 Cali
fornia freight. 11 broken and .un
broken cars on track. Carrot. >-■
crates North Carolina express. 144
baskets Virginia boat. Cauliflower
S crates, Virginia, boat. Sweet corn
125 crates. Florida, express. Cucum
ber®-—36 crates. Virginia, boat. Kgg
nlant —70 crates. Florida. express.
Grapefruit—l broken and 1 unbroken
cars on track. Lettuce —137 crates
Virginia boat. Demons —1 broken car
on track. Onions —1 broken and 2 un
• broken cars on track. Oranges 2
California freight, 1 broken and 2 un
broken cars on track. Peas—■> baskets
Virginia boat. Peppers-12.i crates
Florida express. Potatoes —1 South
Carolina freight. 203 barrels North
Carolina boat; 5 broken and 1 tin
broken cars on track. String beans—
-136 baskets North Carolina. 126 bas
kets South Carolina. express; 913
baskets Virginia, boat. Tomatoes—4
v Mississippi freight, 62 crates Florida
express; 7 broken and 3 unbroken cars
on track. Watermelons —1 Florida
freight: 1 broken and ! unbroken cars
on track. Peaches —300 crates North
Carolina, express: 2 broken and 1 un
broken cars on track. Dewberries —1
North Carolina express.
TOBACCO CASES DROPPED.
Federal Trade Commission Finds
No “Price Conspiracy.”
• Federal Commission has
dismissed a complaint against the
Tobacco Products Corporation, the
Falk Tobacco Company of New York
and the Cincinnati Wholesale To
bacco Association of Cincinnati.
Chairman Thompson of the commis
sion dissented from the issuance of
the dismissal regarding the Falk
f'ompanv on the ground of alleged
nrice-fixing conspiracy. The firms
were charged with “conspiracy to
maintain a resale price system in the
sale of tobacco products."
$16,000,000 LAND FIRM.
, Baltimore Men Plan Business Op
erations in Florida.
Special Dispatch to The Star.
BALTIMORE. June 18. —The Florida
Land and Development Company, capi
talized at $16,000,000, has taken out in
corporation papers. The charter fee
of $1,020 was the largest received this
year by the state tax commission.
Incorporators are R. Parks Jones,
•William Tyler Spencer and Paul. Sny
der all of Baltimore. Interests asso
ciated with the Seaboard Air Line are
said to be back of the enterprise.
CHICAGO LIVE STOCK MARKET.
CHICAGO. June IS (U. S. Depart
ment of Agriculture*.—Hogs—Re
ceipts, 21.000 head; generally 10
higher: desirable grades ready sellers;
others slow; big packers doing little;
hulk good and choice 250 t° 350
pound butchers. i.4»at.50. top, 7.50,
majority desirable 170 to 22., pound
weight 7.20a7.40; packing sows
r‘*e,v' 6.40a6.75: bulk better 140 to
J 66^pound averages. 6 50a7,10 ; killing
•"< nieV steady: bulk good_ and choice
strong weights. 6.00a6.25: top. 7.55,
bu I k of sales 7 00a7.4 0: heavy we£ h ts ;
7 35a7 55' medium weights, 7.25a7.5U.
lightweights. 6.76a7.45; H»M Ughts SBo
a7.20; packing hogs «n®oth.
packing hogs, rough. 6.30a6.00. siaugn
Vj"
Un£ numerous; slow, about steady;
mHv top matured • b*u?k
weiehtv Nebraakas held at IL-j. du J k
fed and yearlings %**sss
and condition to sell at
best grades fat stock moving; others
iTow- bulls weak to 15c lower: veal -
era*2s lower; spots more; few heavy
bologna bulls around o. 00; mostly 4.50
aA 85: vealers, 9.00 downward; light
caives around 8.00; stockera and feed
er Scarce; thin flesh and firm.
er Sheep-—Tteceipts. 12.000 head; slow:
sales; fat native lambs
fnliv 50 lower: oulls weak to 1
aa at-ras-ns
FINANCIAL.
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Office
BV WILLIAM F. HEFKERNAV
NEW YORK, June 18.—The curb
market displayed a hesitating tend
ency throughout the early dealings
this morning and the majority of
stocks went fractionally lower.
Several public utilities were in de- j
mand again, notably American Light 1
and Traction common up over two ,
points. East Penn Electric and
NEW YORK. June IS.—Following
is an official list of bonds and stocks
traded in on the New York Curb
Market today:
Si leu in BONDS
thousand*. High. l.ow. Close.
13 Allied Packers 65... 62** *ll' a 61 ta
13 Allied Packers As... 73■* 73 73
a Alum 7s , 25 103', 103'* HKP4
«a Am lias & Klee Os.. W\ Ist 06'Si
111 Am Uolhnk Mills tis lie , Mil’s »"•«
S Anaconda tis 102’, Id-Ds 102‘s i
15 Anulo-Am Oil 7’**.. 102-., I 02 1 , D*2‘t .
12 Antilla Sugar 7*-,5.. i*s>, IM'-, t*44« j
31 Asso Sim Hdw. HUs 78'. 77‘v, 77L j
22 Al U&WI SS 5s 58 57'. 57 L •
67 li A O 6s C 1 sets !•"'•» *""s \
1 Hearerboard 8s 71 71 71
2 Beth Steel 7s •35... 103', 103', 103',
2 fan Nat Kv equip is l(lt*\ D*9\
3 I h;c U I ft. P I'Hl-s I'M-, 1<"'"»
7 Childs Co 6s 102". 102 N -‘i i
7 fit 7> l> ... *.KI 4 !»- ;
3 (’on* Gas Uni 1» lon’S* l«Vi% •
17 Oons tias Bslto 75.. t'*B*. 108 I**B*.
lo Cuban Tel 7Vs s .... to*'‘a l**6'/» I'Sl' 2
•: I’udjhv s '. 83Vj s*', M'-j
lo Deere A t o 7'„s . I**o'. 10** I'*** 1 .
*1 Detroit City Has 6s I**3 102 168
4 Detroit Kd.'aon 6s . PC. 105 I**s
18 Dunlop Tft Bub 7s 82'. a M2's M2 1 -.
. 1 Duq I.t Pi s',s B wi 102 IOC 102
2 Fed Sugar 6s '33s MM MS’, MM
8 Fisher Body 6s ’2*l.. I**l hi *ol'. till'. |
it Fisher Body 6s *28.. P*l t'*t*\ *'**>’, t
I *Jair. Rob* 7s 86'. 96', M6'. i
5 Catena Sig Oil 7s. .. 1*154, P>s', >'f'\ |
7 tieneral Pet 6s M7', M7', M7‘. j
8 Gulf Oil 5s M7S. M7'. 87'S. |
1 Hood Kublier 7s 101 lot', l'*l’L
21 In* Match Il'/nS wi. 84'. !M', !*4'«
2 bans City Term s'js tot *. I"**!* >“l9 |
lo kennecoli top 7s. .. I**s’, Dk>’s P*s’s 1
3 L-iiigli Power 6s. .. PH»"s P6*P*ON
2Ui M liar By 5s wi lot*', P*"'. I"*".
18 lobby. McN ft I. 7s. 86’. 86'- 86\
3 Manitoba Pow 7s. ... 87'. 87 87 !
13 Morris ft Co 745... 85' a !'5 !*5Vv
6 Nat Irf-ailier Bs. . .... 87'i 87 !*7
4 New Orl Pub Ber 5s S*>4 B'H, s,i',
38 North Si Pow 6' a s C 103 102 102
4 North St Pow 6*- s. I*7-’, 87*N. 87*’«
7 Penn Power ft 1,1 5s SCI Vs 83 1 , 83’,
I Phil Ele< s>-s r. 3. M2\ 102", 102-1,
3 Phil Pet 7V.s wl wr 102 102 P*2
10 Pub Servos N J 7s 107-V 107'- 017 4
7 Pure Oil O' 61-js. !'s’.i 85 85'-
18 South Calif Ed ss. 82'. 82 4 82'-
5 SON Y 7s '27.. . 1054 105'.- P*T>4
6S (I N Y 7s *2M . 107 107 P'7
ISON Y 7s ’3O 1074 1074 P*74
12 S <1 N Y 64s 109 P‘B’, loss,
4 Sun Oil 7s 1004 loot- Pt'4
1 Sun Oil 6s MM4 99% ’•*»%
7 Swift ft Co 5s 924 824 824
1 Tidal Osage 7* 1*134 1034 *'«4
BInEII. ft P 54s A 874 874 87%
1 I n Oil Prod 8s 50 50
3 fn Hr of Hav 74s I**64 *o«4 1064
18 Vacuum Oil 75.. . 1074 P*7', P'7%
3 Web Mills 64s wi. 1024 1024 *024
FOKEIGN BONDS.
1 Italian Power 64s 88 88 88
6" King of Noth 6s 54 88% 884 BS-4
} I Hep of Peru ss !H' 88 mm
2 Sol ft Co 6s 34 P. P«'s I"* 1 ’-.- I*»*4
BSw iss Govt 545... Pal MM’, 88',
4 Swiss Govt 5s .... pat P*** Da*
Sales in STANDARD Oil, TSSt’ES.
unit*.
100 Anglo Am Oil?.. 15 15 1>
100 Humble Oft R new 36’, 36’. 36 ,
ItO Imp Oil of Can.. 101 P*l P*l
2100 Inti Pet Co ltd.. 18', 17\ 18
20 Magnolia Pet ... 127 4 *37 *2,
2lKt,Nal Transit 22 -22 22
10N Y Transit ... 71 71 ,1
180 Prairie oil ft lias 213 211 211
50 Prairie P 1 11*34 103 P*34
10 South Penn 0i1... 133 133 133
10 Southern P 1 944 ! *44 ?4\
5000 S O Ind. 57’, •>< ;“Js
400 S O Ky 106% 1064 I|** «
1800 s tl N Y new 38*. 39 38%
10 S I* Ohio 285 28., 285
111 S O Ohio pfd .. . 1184 1184 **B 2
20 Swan ft Finch 424 424 424
1400 Vacuum Oil new... 62% 624 62/*
INDEPENDENT Oil- STOCKS.
2 Barrington Oil 7% 7 *4
30 Big Indian Oil. J*V m
1 Boslou-Wyo Oil 81 .81 -oj
12 Carib Synd ~2,'® ~SV
4 fit Serv I-*.; I*4 ■* 1344
I fit Serv pf B *>4 «“t * '
1 Cit Serv B of* *•’*» j
SSOOO Cit Serv acrif 82 82 8- ,
Washington Stock Exchange.
SALES.
Capital Traction s*—*l.ooo at 97, *.>Bo at
and Potomac Telephone 5a- -
* 1 WaahiDgton. Alexandria and .Mount Vernon
55—1.000 at 30 flat.
Capital Traction s*—• at 924, >'* 9-w.
10 at 924. 5 at 92%. 15 at 92%. 10 at .*-%
Washington lias Light—s at 48%.
Washington Kwy ft Elec. pfd. 3 at ,4 4.
4 at 744. 5 al 744. 5 at 74%.
AFTER CALL
Potomac Elec. 6s 53 *2.000 at ins, *3.000 j
at mo. $4,000 at met. *2.000 at 103. *2.000
Capital Traction Co. —.> at 82;«.
lanital Traction On.—lo at 9_\, 10 a,
92’«. It* at 93. 10 al 93, P* at 93. 10 at 93.
'Va'tional M. ft Inv, pfd.—lo at 8%
Washington Kwy. ft F,lec. pfd.—Jo at ,4%.
Washington tias 5»—*500 at. 97. sl.**oo at
97. *I.OOO at 974-
Lanslon Monotype—2o at
Muncy—Call loana, 5 and 6 per cent.
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY.
Bid. Asked.
American Tel. ft Telga. 4s 96 98
American Tel. ft Telga. 4%5... lt« P*4
Am. Tel. ft Tel. ctl. tr. 5s 100 101
Am Tel. ft Tel. conv. 6* 1164
Ansicostla ft Potomac 5» .... 864
Anacostia ft Potomac guar. os.. 8«4
C 4 p. Telephone 5s *8
r ft P Telephone of Va. 55... 904 .
Capital Traction It. U. 5s 96’, 874
Georgetown Gas Ist os 87 "
Metropolitan U. K. 5s 100 10014
Potomac Elec. Ist 55.. 97 . " n ' a "
Potomac Elec. cons, os 8.4 98
Potomac Klpp. ilcb. ••••••••• *DD .....
Potomac KlPf . . UV\
Pot Klcc. Pow. ni. & rps. i«. I^7*4
Wash.. Alex, ft Mt. Ver. 3s 30
Wash., Alex, ft Mt. Ver. ctf.... 28 .....
Wash . Balt, ft Annap. os 69 . ,04
Washington Gas 5s 9»4 97
Washington tias 6s P>l»,
Wash. Bw.v. ft Elec. 4s •. 72% 73*.
MISCELLANEOUS.
D C. Paper Mfg. 6s —.. 85
Riggs Realty 5» I long! 92
Riggs Realty os (short) 98
Southern Bldg. 6%s 89*4
Wash. Market Cold Storage os. 92
Wardrosn Park Hotel tis *B', j
STOCKS.
PUBLIC UTILITY.
American Tel. rts—
American Tel. ft Telga IJ3-. .....
Capital Traction 8-4 93
Washington Gas 48% 48
Norfolk ft Wash. Steamboat.... 215 220
Wash. Rwy. & com 73%
Wash. Ry. ft FJec. pfd .4%
Terminal Taxi com 80 125
NATIONAL BANK.
Capital 22” •■■■ ■
Columbia -*6 300
Commercial !J?t' ti?
District D 6? -a >67
Farmeya ft Mechanic* .. 239
Federal-American Bant -06 .....
Liberty 160
Lincoln • • • **jrU • ..«.
National Metropolitan 270
Kigga - 95
National Bank of Washington.. 205
TRUST COMPANIES.
American Security ft Trust 302 310
Continental Trust *2 864
Merchants* Bank tod .....
National Savings ft Trust 390
Union Trust >1“ ;>5
Washington Loan ft Truat....,.. 390 410
SAVINGS BANK.
Commerce ft Savings 210.
Security Savinga A Com 2»* 306
§ :::::
Washington Mechanics 30 40
FIBB INSURANCE.
American **o
Corcoran •
Firemen’s 20
National Union #l4
title insurance.
Columbia Title.. 9 »%
Beal Estate Title 10l 180
MISCELLANEOUS.
n C Paper pfd 75
Merchant*’ Transfer ft Storage. 115 125
Mergenthaler Linotype *154 155*. j
Natl Mtg. ft Invt. pfd 8% 9
Old Dutch Market com JJi 8
Old Dutch Market pfd 3% 8
Lanstoo Monotype 7
Security SU«(re; V **>
Washington Market 49 55
▼elltwr Cab. 4ft *****
__ ml
THE EVENING STAR. WASHINGTON. D. C.. WEDNESDAY. .TUNE 18. 1924.
Adirondark Power. Commonwealth
Power reacted over a point at the
start, hut hardened later; It was an
nounced after the close of business j
Tuesday that the ragiilar quarterly i
dividend of $1.50 on the preferred
stock and a dividend of SI.OO on the
common had been declared.
Amonp hiprh-priced specialties. Na
tional Tea new was exceptionally :
strong, fretting up five points over- j
night.
12 Creole Svrul V* 7* S 1 * ;
4 Derby Oft II wi.. 2V, 2V, 2M,
r» Oulf Oil «»f la.. .VO% 7*l \ |
1 <;ulf St O ft U wi R 5 .85
20 lludnon Oil 04 .03 .08 |
2 Kirby Pet p,, iu, 1 %
22 I .ago I’el 3» 4 3% |
7 Livingston Pet ... 1 I 1
3 Mount Prod IS*'S* 1K , «| 18
lo Mutual Oij vot cfs 1«> 0% to
30 New Mex Land .. 77%
Vo Ohio Kantrer 02 .02 .02
3 Omar Oil ft Ohs.. ~%s ..’»s ~*»*»
1 Peer Oil Cor]' 11 IV*
2 P* nno. k Oil 1.7 T M ir.S, 15 \
14 Red Rank Oil new 17 I«T% 17
13 Koy lan Oil ft Kef Tt% ;» ! s s‘-
1 Saif Ck Cons .... s s s
17 Salt Ck I’n»d .. 24241 4 24 V,
40 Suns-tar Oil .. .. 10 .I.’* .10
0 W il.-ox Oil ft Oast :*«, •’* l 4
4 Woodley Pet 10\ \f,V n 10'...
I NDL’ST RIALS.
1 A«nie ( <*al new.. P, I , I\ 1
7*, Adi k Power. ».V% 31 33
1 Allied I*ai-k new ... 3 3 3
1 Am CSaa ft LI pfd.. 3.V‘ 4 35% % 3*'»\
1 Am o ft LI new ui 70 7o ’ill
lAm Hawaiian SS. DM.. D» *. 2‘M,
Am L ft Traet .
‘4 Ajtpalar Pow A Lt 70 71* 70
> 4 Ark L ft P.. 4«» 40 40
*4 Itorden ft f« . ... 11T 1 % 117*4 11T 1 4
4 Itorden ft Co rt.s. . . 11« H IVs
1 Rklyn Bho«*s. Inc. . 0% O’* 0 : %
4 Hrif-Amer *Pob eon 23 22 7 h 22 7 *
1 Hrit Am To!> Co reg 22*Vk 22*Si 22N.
3*» Candy l*roil Cor wi I 11 i l *
4 Car Light ?."» .?•» .70
•» C’entrif Iron Pipe.. 31 ;;I 31
2 Chi Nip new wi. . 34% 31% 34%
% Colorado Pow ft Lt 34 3t 34
4% ('<olllll Pd»v <’<»rp. . 03 !»l 02%*
1 Cuba Co 3333% 33%
1 Detroit Ki K new 103% 10.3% 103%
1 Divider D (’ (’,> wi 10 10 10
22 Diibilier ( ft Radio 37 30% 37
1 Durant Mot 15% |.’»% ls»%
Du Pom Motors ... 3% 3 3
2% Last Pa Lie. 40 3* 30 %
% Klee Homi aV Sh ih! Drj DM % Drj
1 Kie< Ry See (*«» . 17 17 17
3 Lft W t; lo S wi «1 % «1 %
2 (iillette S R 2f.2 270 271*
2 Clen Alden (\*ai I*o OO
7 (bimlyear Tire . . D»% 10% Dt%
1 «ien Mts new wi.. 52% ."»2%
3 Mali S ft S pfd . 12 12 12
10 Maxeltine <\or|» w.i 21% 21%
10 Hud ft Man HR 20 19% 19%
4 Hmlsoii Co pfd... 34% 34% 34%
H Inti Conti Rubber. 2% 2% 2%
lo Soiether 1% 1% 1%.
1 Krespe Dept Slorea 47 47 47
12 Lehigh Power see 157% «7%
120 I.eh Val Cl ne%v wi 34% 32 % l’{%
I MeCrory Stores 11 OS OK Ph
’* .Middlewest Cl pf kk ss xk
\\ Nat Tea Co IR7. IKO 183
% Na Tea Co new Wl. 110% 110% 110%
1% N Y Tele Co f»fd 110% 110 110%
Vj Min 8t Pow 03% 04 99%
1 Pyrene Mfg 10% 10% 10%
12 Radio (*«r|t .... t% 14%
39 Radio (*orf» pfd... I 4% 4%
2 Repelti Candy 02 .(52 .(52
3SI Cel Pr nw vts wi 22% 22% 22%
170 So C ft I new 07 ’ ,04 .(►»
1 Stijtr. Motor ..... 7% 7% 7%
1 'Penn Lie* Power. 35% 38%
2% Tenn KI Pow 2d pf (57*% (5.‘» (i.*»%
2 Tob f*r«H| KiportN. 4% 4% 4 •*.
27. Tot Id Ship 44‘j 44% 44%
I t'nion Carbide . . 7.7% 57% 57%
3 I mted bakeries. «iO% Ho ” »M*%
*1 I nited (. ft L new 37* 34 37»
1 I n Pft Shar new (»% (5% (5%
1 Ward O.hk Co A wi 7»* To T»i
5 Ward p.ak f’or P. wi 17% 17 17
4 Ward Dak Cor pfd. 83% 83% 83%
1 Waring Hat Mfg wi 1% 1%. 1%
MINING.
30 Arizona (Jlub** Cop . .oo .'f. .(*♦»
18 Dla< k oak (Told M. .78 .78 .78
1”. Canano Copper. 2 % 2% 2*V
K Con Cop Mint's new 2% 2% 2%
20 Cortez Silver 31 .28 .28
2 CresMm Gold .... 3% 3 : % 3*\
40 Diamondfl-l Dl Du» .09 .(»«♦ .09
17. Kng O M Ltd Iml 23%, 23% 23%
10 Ktireka (Yoesus .. .07. .07. .07.
20 France Hold Min. .12 .12 .12
20 Forty Nine Mines. .D( .10 .10
100 Hardsell Min . . .02 .«2 ,-»2
50 Hawthorne Mils Ine .47 .44 .44
2 Howe Sound 2% 2% 2%
4 Jerome V Devel. . 1
800 Jib Tons 49 .43 .47
40 Kay (’tipper ('orp... 1 1\ 1% 1
50 Nevada Hills Min.. .32 .31 .32
2 Nipissing fl% «% (5%
13 Ohio Ct.jft 92 .92 .92
13 Ply month I>*ad M . .7*7 .7*o ,7.7
7, Premier Gold M 2 1%
in Red Warrior . 32 .32 .32
12 Rocky Mt S ft R 1% I % 1 %
8 Rocky M S ft R pfd 1 T \ 1 \ 1
40 Spearhead Gold OS .08 .08
lO Standard Silver Ld. .10 .lO .10
20 Teek Hughes . . . . 1% |% 1%
3 Tono Delmont 7»7« .7*7* .57»
.>* Cnitetl Kastern .7.;* .7»<*
T T’nifed Verde Kxt 22 % 22% 22%
30 f* S Pont nw wi . .!"» ,13 M
1 f’nity i;old Oo .*m» .!«»
2tt Vertle Mine ft Mill 7.2 7.t» 7*t>
0 Wenden Copper ... 1% 1% 1%
D» West End Cons... 3n .30 .30
lO West Lnd Ext 03 03 03
20 Went t’tah 2S .2(5 .28
lio Wilbert 02 “1 .01
1 Yukon (iold r»! .51 .7.1
ALEXANDRIA.
ALEXANDRIA. Va., Juno IS (Spe
cial). — Bus service between Alex
andria and Washington will be re
established July 1. according to in
formation griven out by Robert 1..
May of Barcroft. Mr. May has a
certificate from the state corpora
tion commission, which, however, may
be revoked at any time. He purchased,
last February, the rißhts of the old
Blue Bus line. The Washinßton-
Virßinia railway contested his opera
tion before the state corporation com
mission and a decision has not been
made. It is expected a decision will
be made shortly.
A fleet of twenty busses will he
started. This, accortiinp to Mr. May,
will he increased as travel demands.
The lines will serve that part of
Arlinßton County not easily accessi
ble to the Washington-Virginia elec
tric road and which raised such a
disturbance in the bus line-railroad
fiffht last fall.
(ieorpro R. Bucidln, for eiprht years
superintendent of the Washington di
vision of the Southern railway, with
headquarters here, has resigned, ef
fective todav. He is to be replaced
by M. E. Madden of Birmingham, who
has arrived to take up his duties to
morrow
Mr. Buddin would give no reason
for his resignation and said that he
had nothing definite in view. It was
understood, however, he will be re
tained in the employ of the Southern,
although no official announcement has
been made. „.
Mr. Buddin is considered very effi
cient as a railway official, having
worked up to the position of super
intendent from telegraph operator.
Mrs Mart Lee Nevitt of Pohtck,
Fairfax County, widow of George C.
Nevitt, died at her home early today.
Funeral services will be held at Po
hick Church tomorrow afternoon at
2 o’clock, conducted by the rector.
Rev. A. Campbell Tucker.
Alexandria's first year-round pla>-
ground was authorized by the Alex
andria Playgrounds Association yes
terday when it approved the appoint
ment of Miss Gene Smith of Rich
mond as supervisor. The Queen street
grounds are now open and, according
to present plans, will remain open
the entire year.
Funeral services will be held this
afternoon from Wheatley s chapel for
ftergt. Charles McKee, retired, who
dropped dead here Sunday. Services
will be conducted By An Army chap
lain from Fort Myer, and burial will
be in Arlington national cemetery.
Little Mary, three-week-old baby
found Monday morning on the door
steps of 301 North Washington street,
will be adopted by the Alexandria
Hospital, following failure of an In
vestigation to locate the parents of
the child. She will take the
formerly occupied by Sunny Jim, the
hospital baby taken by his parents
after living al the institution for
more than a year.
MOTOR SALES HOLDING UP.
NEW YORK, June 18.—Deliveries of
motor cars produced by the General
Motors Corporation to consumers in
the first five months of this year were
only 4 per cent below those of the cor
responding period of 1923. Alfred P.
Sloan, jr.. president of General Motors,
announced today. Mr. Sloan said that
the corporation hereafter would issue
monthly figures on deliveries in order
to indicate the trend oX the automobile
,-■ - |
BIGGEST SOAP FIRM
VOTES YEARLY EXTRA
Procter & Gamble Company to Pay
Total of 9 Per Cent to Stock
holders of June 15.
ANOTHER UTILITY DEAL
I
Production of Pig Iron Falls Off
in England—Schulte Sales Up.
By tht> AKRO'Matctl Pre»»
NEW YORK, June IS.—The cus
tomary annual extra dividend of 4
per cent on the common stock of
Procter & Gamble Company, larg
est soap manufacturers in the coun
try, payable in common stock Aug
gust 15, to slock of record June 15.
has been declared in addition to the !
regular quarterly cash dividend of 5
per cent. To insure payment of the
annual stock dividend in 1925, the
clireviors plan to inc Tease the au
b "?!"d capita! stock 1.600.*'00 sha.es
r. J5.00ti.000 shares. The company,
it was stated, also plans to increase
the cash dividend on the common to
20 per cent annually.
Another I tility Deal Near.
Another utility deal, in which the
Columbus Railway Power and Light
Company, an Ohio property, may he
taken over by one of the large pub
lie utility syndicates, is reported in
Wall street, Otis & Co.. members
of the New York Stoek Exchange,
having been mentioned as bidders
The stock of the company advanced
yesterday lo 108 bid and 112 asked.
This hid price was 96 two weeks ago.
Probable buyers mentioned were
Stone A Webster, Inc.; Cities Serv
ice Company, and the Electric Bond
and Share Company, a subsidiary of
the General Electric Company.
Production of pig iron in Great
Britain dropped to 618.400 tons in
April, compared with 6C8.600 tons in
March and 652,200 lons in April last ,
year, according to the Bankers’ Trust
Company of New York, while produc
tion of steel ingots and castings to
taled 711,500 tons, compared with
816,900 tons in March and 749,400 in
April. 1923. Imports of iron and steel
were 198,900 tons, the highest figure
since September. 1921. Exports of
iron and steel totaled 336,800 tons, a
rise of nearly 50,000 tons over the
previous month.
Other Wall Street Briefs.
In accordance with liquidation
plans, the Tecumseh Cotton Mills. Fall
River. Mass., declared a cash dividend
of 40 per cent, payable July 1. A
cash dividend of 25 per cent was paid
last April.
Sales of the Schulte Retail Stores
Corporation in the five months of
1924 aggregated $12,799,351. an in
crease of $2,174,524 over the same
period last year.
Stock holders of Northern States
Power Company will vote July 10 on
u proposed issue of 500,000 shares of
new stoek to he known as class B
common, calculated to yield $;»,000,0i*0
for construction purposes. The new
stock will be superseded by the pre
ferred and present common stocks as
l<> assets and will share in dividends
with the present common after the 7
per cent preferred dividends have
been paid.
ARLINGTONEXERCISES
HELD FOR 111 PUPILS
Superintendent of Schools An
nounces Plan for Temporary
High Schools.
Sixv-ial Dispatch to The Star.
CLAUDENDON. Va.. June 18.—One
hundred and eleven boys and girls
were honored at joint commencement
exercises of Arlington County graded
schools at Cherrydale last night.
Prof. Fletcher Kemp, county superin
tendent of schools, presided.
John R. Saunders, attorney general
of the stale and a member of the
state board of education, was the
principal speaker. Mr. Saunders, after
praising the graduates and urging
them to continue their studies, em
phasized the value of good educa
tion He was introduced by State
Senator Frank L. Ball.
This vear. for the first time in the
history of Washington and Arlington
districts, the graded school graduates
will not have to go outside of the
districts for their high school ’rain
ing Prof. Fletcher Kemp having an
nounced that the board of education
had decided to open high school in
temporarv quarters this fall pending
completion of the new high school
building to.be erected jointly by the
districts. Work on the structure is
about to start, he said, and the expec
tations are that it will be completed
about the first of the year. Diplomas
were presented by C. C. Lamond.
chairman of the county board of edu
cation.
The graduates are;
Cherrydale School —-Kenneth Bark
er. John Bell. Edward Cahill. Walter
Croson, Bruce Hise. Carl Livingston.
Krug McCloskey, Cleveland Topley,
John Spates. John Spence, William
Wells, Irmgard Burger, 1-ois Hagarty,
Mary Harrison. Alice McAtee, Helen
Patterson, Katherine Ochershausen,
Elizabeth Rogers, Helen Saum, Ruth
Stalcup. Kathryn Waldo, Margaret
Walker and Margaret Potterton,
Clarendon School—Adele Batcheller.
Elsie Bushong, Jeanette Day, J. Wil
liam Dawson. Linnie Foster. Char
lotte Frey. Ruth Germain, Katherine
Hensley. Margaret Hensley, Charles
Hohein. Elizabeth Kingsolver. Gladys
Lancaster. Mabel I-ancaster, Doris
Major, Elizabeth Mason, Donald
Nevin. Mildred Nicewander, Benjamin
Robertson. Ella Rollins, Frances
Sauls, Hester Stas. Linwood Sparshot,
Beverly Taylor, Charles R. Taylor, jr.;
Albert THlson. Odelle Watkins.
Ballston school—Charles Bielaski.
Fannie Bowers, Paul Bowers. Dor
othea Brent, Elwin Browne. Martha
Cosgriff, Stanley Drake, James East,
Elsie Mae Finnell. Harry Garland.
Robert Gorman. Mary Guill, Thelma
Jacques,. Irene King, Franklin
Mann, Anna Mendel, Virginia
Mikesell, Gordon Payne. Evelyn
Pettitt, Otis Sims. Mary Smoot,
Nellie Spenser. Margaret Vietch,
Fort Myer Heights School—Minor
Furr, Irving Kisseleff. Lewis Shep
herd, James Scott, Lloyd Tracey,
Chester Thompson. Carrie Dertina,
Hazel Hardy, Lola Keys, Josephine
Kisseleff, Dorothy Meem. Marian
Moreland, Georgie McKinney, Susie
Kettner, Dorothy Starke, Helen
Steger, Hazel Swingood.
Columbia School—Joseph Clark,
J6hn DeLashmutt, Charles Harris,
James Harris. Tom Hazel, Bertram
Jones. Walter Kirschner, Karl
Plaugher. Walter Torrance, Julian
Nelson. Richard Lyle, Evelyn Adams,
Anna Pearson, Louise Lyle. > Mildred
Moasburg. Eva Robinson, Hayden
Sutherland. Alice Fulcher, Kathryn
Robberts, Ruth Weeks, Beulah Kid
well. Ida Sher.
GREEN HAY STARTS FIRE.
Specigl Dispatch loThe Star.
FREDERICKSBURG. Va,, June 18
The large frame barn of John M.
Peed in King George county was
burned with its contents Sunday,
while the family was at church. The
fire is supposed to have started from
spontaneous combustion in a quantity
of green hay put in the barn a week
before. The pile of hay was stirred
before the family left for church, in
order that the heat could have an
outlet, but about 1 o’clock neighbors
heard a muffler report and the build
ing was almost immediately envel
oped in flames. Besides the hay, the
building contained twenty barrels of
corn, fifty bushels of oats, binders,
mowers and other farming imple
ment*. The loss is estimated at
LiSJMfe with,
COMMODITY NEWS
WIRED STAR FROM
ENTIRE COUNTRY
PITTSBURGH, June 18. — In view
of overproduction in Pennsylvania oil
fields as well as western areas, local
oil men anticipate h further cut in
crude quotations, following today's
drop of 25 cents a barrel, on Corning
grade to $1.90 per barrel.
SEATTLE. June 18.— Imports of
raw silk and silk goods for the week |
ended June 16 amounted to $6,97 4,000
at this port. The extensive silk
movement is expected to continue to
July 1. when the Japanese exclusion
act goes into effect.
PAW HUSK A. Okla„ June IS. —About
2,000 acres of Indian oil lands wfill be
sold at auction here June 30. includ
ing several tracts in the Burbank
field. Five tracts adjoin those which
brought highest prices at the March
sale.
SHREVEPORT, June IS —The Mag
nolia Petroleum Company will em
ploy 500 expert wellers to join the
pipe 210 miles long for the 16-Inch
gas line- from the northern Louisiana
gas fie lds to Beaumont, Tex. Work
t.f dealing the right of way has be
gun. The total cost will be over $3,-
000,000.
DODGE CITY, Kan., June IS.—With
the exception of scattering fields, the
wheat in this section of Kansas and
northwestern Oklahoma is the best in
25 years, according to Secretary E. J
Smiley of the Kansas Grain Dealers'
Association.
LANCASTER, Pa.. June 18.—All of
the land available for tobacco raising
in this district has been pre
pared for the crop, but only about 25
per cent has been planted. Plants
are ready for transplanting after a
few days of dry, hot weather.
ST. PAUL, June 18.—The new Min
nesota Potato Growers’ Exchange has
acquired title to 300 farmer-owned
warehouses valued at approximately
$7,000,000.
IMPROVEMENT NOTED
IN HARDWARE TRADE
Lawn Mowers. Garden Hose and
Motor Accessories Lead
Week’s Business.
Hpe ii! D.*[K(rh to The Star,
NEW YORK, June 18.— Hardware
Age says;
Reports received from hardware
jobbing centers throughout the coun
try show that there has been an in
crease in business during the past
week Several days of good weather
have done much lo Increase the sales
of seasonal merchandise such as lawn
mowers, garden hose, screen cloth,
etc Automobile accessories are also
selling well, while sales of builders'
hardware continue to maintain their '
high average.
Although conditions have improved
somewhat, there is still much to be
desired. It is the general opinion,
however, that there will be no decided
change for the better until the politi
cal aspect becomes more settled than
it is at present, and until the weather
becomes warmer than it has been.
A few price advances have been
recorded, but the greater number of
changes during the week have been
in the nature of reductions.
NEW 1925 AUTO MODEtS
ARE NOW ON MARKET
Special Ditq«tch to The Star.
DETROIT. June IS —From this
time on new automobile models will
commence to make their appearance
on the market. The Cadillac already \
has exhibited a new five-passenger j
closed car priced at $3,650. making
'he fourteenth Cadillac model.
The Cleveland Automobile Company !
has brought out a 1925 model listed |
at $1,095 for the touring car. $1,195 I
for the so-called de luxe model tour- i
ir.g car. $1,495 for the four-door se- .
dan and $1,395 for a five-passenger j
sedan. All models are equipped with j
four-wheel brakes, balloon tires and i
a new patent lubricating system.
GASOLINE STILL LOWER.
Other Business in Northwest Waits
for Hot Weather.
Special Dispatch to The Star.
ST. PAUL. June 18.—North west
trade conditions are good basically, i
but immediate trade impulses are j
waiting on the weather. Favorable
weather until about July 15 is neces- |
sary to assure large crops in this sec
tion and encourage farmer-bnyipg.
There has been a slight slackening of
railroad shop work, track construc
tion and mining, but the demand for
men on the farms is absorbirig the
spare labor released.
Gasoline prices are on the down
ward path owing to co-operative
| selling by automohilists. The pre
vailing price at filling stations in
the northwest now is IS cents.
EVERYMAN’S
INVESTMENTS
By George T. Hughes
THIRTY-SECOND ARTICLE.
Public Utility Ronds.
Public utility bonds as a class rank
next to those of railroads as.invest
ments. in some respects the public
utility bonds have the advantage.
Both the railroads and the public
utilities are subject to regulation by
the state, but in recent years this
regulation has been more intelligent
and more fair to the companies in
the case of utilities than with the
rails. There are, of course, excep
tions locally, but the rule Is as stated.
For one thing the utilities have been
wiser in their handling of their pub
lic relations than have the railroads,
and the customer-ownership cam
paigns have been a great success in
furthering these good relations.
It Is significant that the corpora
tion which has the largest number
of stockholders of any organization
in America is a public utility, the
American Telephone and Telegraph
Company. Like the railroads, the util
ities furnish an absolutely essential
service. We cannot get along with
out telephones, gas or electric light
Every year the demand for this kind
of service increases. There seems to
he no limit to the expansion of the
telephone service, and continually
new uses are being found for elec
tricity in the house, on the farm and
in the shop. It is not surprising, then,
that conservative investors look with
favor on the bonds and the preferred
stock of well managed companies fur
nishing this service. When there is
a long record of profitable operation
and conservative financing even com
mon stock of such companies com
mands an investment rating.
It is true that some states, such as
New York and New Jersey, do not
allow savings banks to buy first
mortgage utility bonds, but there is
no good reason for this discrimina
tion. It Is a relic of the days when
only government and municipal bonds
and railroad issues were considered
good enough for the savings bank to
Invest in. Some of the states are
more liberal In this respect and their
number is bound to grow.
Railroad bonds of the savings bank
class bring an artifically high price
in many instances, making it still
more advantageous for the individual
Investor to select utilities not legal
investments, but to all practical pur
poses Just as secure.
tOopyn*tn. awMßtea Press as-
AMAZING INCREASE
IN WATER POWER
|
Hydro-Electric Systems Are Gain- i
ing in Popularity With In
dustrial Concerns.
HELD BETTER THAN COAL
_ |
Philadelphia Kove Latest in
World-Wide Expansion.
IIV J. r. HOYLE.
Special IHspalch to The Star,
NEW YORK. June 18.—A renewal
Df the ancient battle between tire and
water as producers of electric power
has resulted in favor of the latter,
although, the fight was contested in
the very stronghold of coal. Drexel
Co,, bankers, of Philadelphia have
acquired a controlling interest in the I
Susquehanna Right and Power Com
pany. and it is believed in financial
and electrical circles that this indi- (
cates the development of a great
super-power system, which will fur- i
nish current of the Philadelphia dis
trict, Bristol, Norristown. Chester. •
Camden. Atlantic City and even Hal- j
timore.
The nucleus of this system will be ,
the Philadelphia Electric Company, j
which already supplies power for the j
electrified lines of the Pennsylvania ]
railroad. The Philadelphia company i
is now completing the first unit of a
600.000 kilowatt plant which will
bum coal. It is in this connection
that the acquisition by the, Drexel
company of the Susquehanna 11
is significant.
Plan Studied for Years.
For some years the possibility of
establishing steam electric plants t
supply power to the Philadelphia
Electric Company, at the. anthra it
mines, has been seriously considered
A subsidiary of the Coal and
Navigation Company constructed su
a power house at its properties, but
while the current so generated ba.
been conveyed to nearby towns
has not been carried to , th , e ‘ ndu i * ll l l |f,
district of which Philadelphia is th
’’ as r the Philadelphia Electric Com
pany now apparently has turned to
water power, it would seem to in
dicate that the concern had determin
ed that the hydro-electric plant
proved more satisfactory than
even at the pit mouth. This cone la
sion has been vigorously contested
bv advocates of coal as a produced- of
electricity. The current produced in j
the United .States in li>23 1 i
hOO.OOh kilowatt hours, hut of j
ibis amount only 35.1 per cent was,
generated by water power.
Steam Plants Increase.
“The more rapid increase in the |
production of power by steam j
plants.” says the -New York state
committee on public utility informa
tion "as compared with hydro
electric central stations is a natural
development in an industry which i
has doubled every - seven years. A |
steam plant can be built at anj )
strategic point, whereas a hydro- j
electric power site is often a long j
distance from the market for its
power. . .
"This is important when it is re
membered that the large modern
steam plants can and do produce
and sell power at as low cost as
rate.® for hydroelectricity transmit
ted” from a plant 75 or 100 miles
away. Furthermore, a steam plant
can be built more quickly and less
expensively than the water power
plant and speed frequently counts
in taking care of new power de
mands.”
great Power Possibilities.
The head of the United States geo
logical survey declares that if all the
power sites east of the Mississippi
were developed they would be un
equal to the task of supplying the
current required. It also is empha
sized by power men that the drought
last summer forced the burden of
producing industrial current largely
on the steam-generated power plants
of New Y ork and adjoining states.
It is estimated that every horse
power developed by hydro-electric
plants means a saving of four tons ,
of coal a year. Germany, it is known,
is preparing to establish immense ,
power plants operated by steam at
the opening of the Khur mines and
to transmit that power by high ten- i
sion transmission lines to other indus
trial centers.
Electrical Boom In Smith.
Italy, on the other hand, producing I
no coal within her borders, has de- 1
veloped more than Sr.a hydro-electric i
plants in the period since the war
with a total capacity of 1,500.000
horsepower. or about the same
amount generated at Niagara Falls
The effectiveness of the Italian system
of power stations is indicated by the
fact that the per capita use of elec
trical energy in that country amounts
to eighty-five kilowatt hours a year,
or about fifteen kilowatt hours more
than in any other country - in con
tinental Europe.
The development of hydro-electric
stations in the south has been a
marked'feat it re of the last industrial
vear. The Hatton Shoals property,
for example, on the Savannah River,
has just been purchased by a sub
sidiary of the Georgia Railway and
Power Company and will be utilized
to supply power to textile mills in
the Piedmont section of Carolina and
northeast Georgia.
A Pool and His Money.
The fact that a stock certificate U
printed in fancy green scroll work la
Bo proof that It is worth any more
than ordinary wallpaper. Thousands
! of people in Washington would have
i aaved their money if they simply had
1 asked their banker to tell them what
he knew of some supposedly wonder
ful investment.
IRON AGE REPORTS
STEEL DEMAND DULL
Mills Still Operating at Only 45
Per Cent Capacity—Pig
Iron Active.
By the Associated Press.
NEW YORK, June 18.—" Another
week has passed without signs of
improvement in demand for steel or
in the operation of rolling mills,”
Iron Age says. “The general average
for active steel capacity about Pitts
burgh is 40 per cent, with Youngs
town and Johnstown mills here 30
per cent. For the country the aver
age is under 45 per cent. The condi
| tions of recent weeks are repeated in
' that pig iron is fairly active and at
the same time buyers of finished
products show less need of steel.
"Further curtailments in consum
ing industries have made it plain that
stock replenishment will be for some
time on a scale well below,- what was
the rule in the first quarter of the
year.”
NINE-YEAR DISPUTE ENDS.
NEW YORK. June 18. —Reorganiza-
tion managers of the Denver and Rio
Grande Western railroad system have
declared operative the plan of read
justment designed to put the Toad hack
on a solid footing after nine years of
receivership. Agreement of the state
of Colorado to raise no more objections
to the plan removed the last obstacle
In the way of its execution.
HIGHER SUGAR EXPECTED.
NEW ORLEANS. June 18 (Special >.
—The withdrawal of price guaran
tees has been accepted here as a
forerunner of another advance in re
fined sugar prices. Considerable bus
iness has been booked by refiners at
8.65 cents a pound, but this price
soon Jumped above 6.9A Slocks are
We - ....
FINANCIAL
W., B. & A. DIVIDEND
ACTION DISCUSSED
Special Hispalrh to The Star
BALTIMORE, June IS—Holders of!
the preferred stork of the Washing- j
ton, Baltimore and Annapolis electric ,
railroad anxiously await action on
the quarterly dividend on the pre- j
ferred stock, which, in the ordinary j
course, would be paid July 1.
Opinion in the financial district is I
that the board is not likely to take 1
action until the F'ublic Service Com- j
mission of Maryland decides the rate |
case wherein the companv has asked !
for permission to increase fares. If j
the decision is favorable, the chances'
are that the dividend will be paid;
on the other hand, if the case "oes
against the company, it is uncertain,
to say the least, what action the
board will take on the dividend
EQUITABLE
Co-Operative Building
Association
Organised 1X79.
Otk YEAH COMPLETED
A wrt. 94,735.1 70.33
Surplus 51.245.320.93
The Benefits of
Systematic Saving
«rf* in erw)em*«* in of
on our hooks. Join tbr Equi
table now and »av* something each
pay day.
Snbnrrfption for fk»
87th Issue of Stock
Being IlrrrtTOl
Shares, $2.50 Per Month
EQUITABLE BUILDING
915 F ST. N.W.
JOBS JOT EDSON, President
FTIA VK p. REESIDE, 9ee»y.
m
?
Arnold Gaaranteed
Certificates
Arnold Gaanatrcd CrrtlfloitM
afford a safe and profitable In
vestment for snrplns fnnds.
They are secured hy first
mortgages on improved Intone
real estate and homes, and are
a direct obligation of Arnold
and Company.
Issued in amounts of
SIOO. SSOO and *I.OOO. to
run for term of 2 to 10
years.
ARNOLD AND COMPANY !
I ncrjrpors ted
Capital and Snrplns, fit. 230.000.
1416 Eye Street 3.W.
Telephone Main 24.34.
FIRST MORTGAGES
FOR SALE
THE TYPE OF SECURITY
CONSERVATIVE IN
VESTORS BUY
IN DENOMINATIONS TO
SUIT PURCHASERS
JAMES F. SHEA
543 Louisiana Ave. N.W.
Specialisms' in
Eye St. N.W.
701 First
7 Mortgages
$250 and Up
William S. Phillips
ISTH ST. AT K IV.W. Main 4000
I INVEST 1
YOUR SAVINGS
In Our
j FIRST MORTGAGES
(I “The Safest Security on Earth”
17% Interest W ■
Denominations SIOO to SIO,OOO
Mill K Stmt S.W. v Main SIT |
Northwest Residential and Business Property Only
for Rent
Long Lease
Reasonable Rents
923-925 15th N.W.
(Opposite McPherson Sq.)
B. F. SAUL CO.
Main 2100 1412 Eye St N.W.
•c
29
! First Mortgage Loans i
Lowest Kate* of Interest and Commission.
Prompt Action
Thomas J. Fisher & Company, Inc.
73S 13th Street
■ ■ ■ . ... . TT„
A
Man
Cannot i
Be
Too *
Careful
In
Navigating
The
Financial
Seas—For
The Siren Voice of
j The Promoter With
Fake Stocks and Promises
Os “Easy Money” Will
Lore the Unwary Onto
The Rocks—
Let Us Advise You
How to Earn 7%
With Absolute Safety
Firsl_ Mortgages yielding
or 7% arc our specialty.
(Shannon r & Lucng)
71H and 715 14th ?t.
Main 2345
I 7
Oklahoma Gas
and Electric Company
First and Refunding Mortgage
6% Bonds Due I'M!
Largest Has and Electric
Utility in Oklahoma
Serves 77 cities and towns.
Total population in excess of
369,000.
Net Earnings of properties
now comprising the system
have increased over 171%
in the past five years.
Properties: Modern electric
power plants, having a to
tal installed capacity of
68.900 h.p., exclusive of a
20.000-h.p. plant now under
construction.
Price 94 and interest to
yield 6.60%.
I Circular Ctn Request
| E. H. Rollins & Sons
Founded 1876
416 Woodward Bldg„ Washington
Bntitn ,Vctr Ynrk PMl'uinlph'O
( O Aim?" Dmvrr Son Fcoo-cmco
Wash., r>. C.. June 10. "24.
Pay to the order of
Mr*. Thrift 935.00 for
i f, months' interest due June
i 10. 1924. on first mortgage
, note purchased through our/
Mortgage Uepartment.
This is a facsimile of the many >
j Checks leaving our office daily to
1 investors in our
7% v
First Mortgage Notes
it-f Note the date dne and time seßt.l
! Once you invest in first mort
j gages no other form of investment ]
will appeal to you. Send for com
| plete details. Note* now on hand
910<i up. v ,
Chas. D. Sager

924 14th St. M"‘n 37
3s
Loan Drpt.
Money to Loan
Secured by first deed of trust on real estate.
Prevailing interest and commission.
Joseph I. Weller a * vw

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