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Evening star. [volume] (Washington, D.C.) 1854-1972, May 28, 1925, Image 31

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MEAT SELLS OFF
■ IN LOCAL MET
r Slow Buying Brings Prices
Down—Cheaper Chicken
Likely Next Week.
Inactivity in the meat market is
reported by local dea'ers. The mar
ket continues firm, with supplies
enough to meet all demands, but
buyers are not taking hold.
Dealers think continued cool weath
er has aided trade to a limited ex
/ent, fresh meats not being in such
great demand in warmer weather.
Smoked meats soon will be in greater
demand, the calls for such meats
always increasing as the weather
gets warmer.
Lower prices in the New York
market have resulted in diverting
shipments of Spring chickens to this
city and weakening the market.
Prices here have not changed, how
ever, but dealers think a decided
break will come early next week.
Today’s Wholesale Prices.
Butter—Fancy, tub. 51; prints, 52:
store packed, 25’.
Eggs—Fancy, selected, candled, 32;
average receipts, 30a 30%.
Poultry Alive: Broilers, 45a48:
White Leghorns, 35: heavy fowls. 27;
keats. 40a75: geese. 12a15: ducks, 25: ;
turkeys, 23a25. Dressed: Fowls, 30: i
turkeys, 28a32; ducks. 20.
(«' Live stock —Calves, choice, 11: me
dium; lOall: lean. sail. Lambs,
Spring, 15. Live hogs, 12.
Meats—Beef. 17als: veal, 18: Spring
lambs. 30: lings. 2144a22: loins. 31a
32; hams. 2t>a2B; shoulders. isa2o.
Kruil and Vegetable Iteview.
Today’s market report on fruits and
vegetables (compiled by the Market
News Service Bureau of Agricultural
economics), said:
Cabbage—Supplies light: demand
moderate, market firm: Virginia, Nor
folk section, barrel crates pointed type,
best mostly 2.50, some tair quality,
2.25.
Cantaloupes—Supplies light: de
mand light, market steady; California,
Imperial Valley, salmon tints, stand
ards, 455, 7.00a7.50; jumbos, 455. B.ooa
s -50: ponys, 545. 5.00u5.50: Mexico,
anostly immature Salmon Tints, stand
ards, 455, 6.00a6.50; flats. 12s and 15s,
2.00a2.25.
Cucumbers—Supplies moderate; de
mand moderate, market fairly steady:
Virginia, Norfolk section, hotbed stock,
bushel hampers, few sales 6.00; South
Carolina, bushel hampe.s, 4.00a4.50;
Florida, sauare bushel crates. No. 1.
fair quality, 3.00a3.50; No. 2, 2.50.
Potato .Market Steady.
Lettuce Supplies moderate: demand
light, market steady: California, cen
tral district, crates, iceberg type, 4-5
ilo/.., 3.50U4.00.
Onions Supplies lighc demand
light, market firm: Texas, standard
crates Yellow Bermudas, commercial
pack, mixed No. l and 2, 3.50a3.60;
V. S. No. 1. 3.75a3.90.
Potatoes Supplies moderate: de
mand limited, market steady. Old
stock: New York, 150-pound sacks
Bound Whites, I’. S. No. i, mostly
2.25: few higher. New stock: Florida,
double head barrels. Spaulding Rose.
s. No. 1. some waste, 6.00; South
Varolina, cloth top stave barrels. Irish
Cobblers. U. S. No. 1, best. 5.75a6.00:
some fair quality. 5.50.
Strawberries, home grown—Supplies j
light and supplying the market.
Tomatoes—Supplies tpoderate: de- !
mand moderate, market steady; Florida j
r.s. ripes and turning, wrapped, best I
fancy count. 3.75a4.25: choice count, I
2.75a3.25: ordinary quality and condi
tion fancy and choice count. 2.00a3.00.
Watermelon Demand Light.
Watermelons —Supplies moderate:
demand light, market steady: sales
direct to retailers: Florida, Tom AVat
sons, 28-30-lb. average, 1.dia1.25: 24-26-
lb., average. 75a90.
String beans- Supplies moderate;
demand moderate, market weaker;
hampers, green, best 4.00a4.25; few
h*pt mostly, 3.50: some ordinary qual
!*• low as. 2.50: North Carolina, bushel
hampers, green best. 4.00a4-25; few
stringless high as, 5.00.
Pepper Supplies light: demand
moderate, market steady: Florida,
crates. No. 1, 3.00a3.50; No. 2. 2.00a
-2.50.
Dewberries —Supplies light: demand
moderate, market fairly steady: North
t'arolina, 32-quart (rates, best. 5.50-
afi.OO: some fair condition. 3.50a5.00.
Peaches —Supplies light: demand
limited, market weak: North Carolina,
sixes Mayflowers. 2.50a3.5it; Georgia,
sixes Uneedas. 2.00a2.50.
filets —Supplies liberal: demand lim
ited. market slightly weaker; Virginia,
Norfolk section, bushel hampers and
crates, hotbed stock, 5a7 per bunch.
COTTON QUOTATIONS
t HOLD VERY STEADY
Condition Estimate Helps Prices
Keep Above Close of
Yesterday.
By the Associated Press.
NEW YORK. May 28.—The cotton
market was very quiet again early
today and traders still seemed to be
waiting for the Government report
early next week. The opening was
steady at unchanged prices to a de
cline of 5 points under selling in
fluenced b.v relatively easy cables.
The effect of the lower cables was
offset to some extent by a lower
private condition report, and after
easing off to 22.32 for October, or
{allied to approximately the closing
prices of vesterday on covering.
New York cotton futures closed barely
steady at net advances of it to 10 points.
Hich. how. Ranee.
July 23.17 22.82 23.02
October 22.51 22.24 22.46-48
December 22. US 22 4.2 22.H5-U7
January 22.25 22.02 22.25
March 22.37 22.28 22.41) nom.
Openinsr: January, 22.10: March. 22.35:
July. 22.07: October. 22.35: December. 22.51.
f New Orleans Values.
NEW ORLEANS. May 28.—The
cotton market opened easier owing to
Liverpool proving lower than due.
First trades showed losses of 6 to
s') - points. The market soon rallied,
irerpvering the initial losses on buying
f induced by a report that a promi
n«m Southern authority made the
oorfdition 72.3 and the Texas condi
tion 76.
S>w Orl<*an« rotion futures doped steady
at net advances of I*' to 15 point?.
Hisrh. Low. Ran ire.
July *!•{•«♦« -\ : }H 2:L4J45
Of!t«U*r e-l.H# VJ.I‘J-14
Hm*«imber *~!*v:*’ 4
January ***-.ld V.. 00 22.22 bid.
March 22.16 22.16 23.34 hid.
Opening: Januarv. 22.04 hid:
22.14 hid July. 23.18: October. 21.93: De
cember. 22.04.
• ——
What Experts Huy.
Trained investors always buy se
curities that have a substantial loan
value. One of the surest methods of
determining the value of any stock
is to seek a loan on it. If your banker
declines to consider it as collateral
you can rest assured its marketability
k does not amount to much.
f .
' NEW YORK. May 2* <4>>.—An is
sue of ISO, non shares of Sun Oil Co.
recently offered to the public hu
been oversubscribed. ’
FINANCIAL.
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Office
BY WILLIAM F. HKFFEKNAN.
NEW YORK, May 28. —The specula
tive element in the operations on the
Curb Exchange today resorted to the
now familiar procedure of bidding
dp selected issues in which chances
for profit appeared the most favorable.
Some spectacular advances were
recorded and the usual number of new
high records established.
National Power and Light furnished
the feature of the public utility group,
opening at 350 as against Wednes
day’s final of 322 V.. The general be
lief prevailed that a split-up of the
shares would he announced in the
near future. Lehigh Bower securities
were up more than 5 points, while
NEW YORK, May 28.- Following is
an official list of bonds and stocks
traded in on the New York Curt*
Market today:
Sales in BONDS.
thousands. Hish. Low. Close.
5 Allied Pk Ks 81 81 81
1 Allied Pk 8s 93 »3 1)3
2 Alum 7s new '33. 107 S 197% I<>7 V.
70 Am Gas & El os. . 08% 98 08
31 Am Pow ALt its. 07', ilti% DOR
15 Am P & L new. . 07Is 11t.% Oil-’,
1 Am Sumat T 7V, s 01 01 01
5Am Rid I Mill (is.. 102 54 102". 102*4
3 Andean Nat Corn, lift** lit* % 116%
5 And Nat Corp wi. 00 00 00
4 Anaconda tis .... 104 103 Is 10314
2As Sim Hard (i%s 83 83 83
17 Assd G 4: E 6%5. 1014, 101 101 %
15 Atl Fruit 7s tii) *4 00 54 00*.
5 All FBs Inc 22% 22% 22%
10 Bell T Can 5s A.. SION Oil's 00 N
0 Beth Stl 7s ’35. . . 105’4 105*4 105’,
8 Can Nat Ry 7s. . . 111 % 111*. 111*.
5 Can Nat Rv 4%5. 04 14 9!% OIL
3 Chi R I & P 5%5101% 101 '4 101 >4
14 Cities Service 7s C 120 1 lit 1 . 110 1 .
10 Cities Sere ice 7« D 101 *i 101', lnl %
13 Cities Sv P&L 0s OH4* 03'. 03%
7 Cons Ga» Ba! Os A 107% HI7 107",
V Cons G Bal iP,s D 110'. 110'. 110’.
2 Cons Textile- Bs. . 80 85% SO
3 Cuba Co ot NJ 0s 03'. 03 03'.,
11 Cudahy 5'4 s 03 021 s 03
I Deere A Co 7104*. 104% 104*4
O Det City Gas 0s .. 105 105 105
25 Detroit Edison os.. 123 122 123
45 Dunlop TAR 78 104*, 104 % 1"4 •%
1 Fed Silitar 0s 33 00 i'll Oil
I (lair, Roht. 7s. . . 100 100 100
I General Pet Os. . 101 % 10l % 101
7 Grand Trunk t>%sU'B% 108% 108*,
1 Hood Rubtier 7s. . 104 104 104
4 Kans C Tsrm 5%s 101 10l *. lilt %
12 Lehi-rh Pfhv os. . 10l % 101 % 101
121 Mo Pa Ry Os K wt 101 % 101 ", 101%
lO Morris A Co 7 Vis. 103'!, I<>3 103",
32 N Or Pub Ser 5s 03", 03', 03'4
1 Nor Cent R os A 104 % 104% 104%
114 Nor S P M IS'j* C 11(1' a 117', 117',
37 Ohio Pow 5s B .. 00', 05', 00'
JIOk la G A E 5s . . 05 •)»’, 04 %
2 Penn PAL 5» '52 08 1)8 08
2 P P A L 5» D '53 07*. 07", 07*.
2 Phil E 5s 00 .. . 101 % 101 ', 101 ',
3 Phila Rap Tr 0«. . 08 (18 08
5 Pure Oil Co O'-.*.. 102 102 102
22 Shawshcen 7s T... 101',=, 10l % UU',
10 Stand G A E i)',s 1411 138', 13!"«
12 S O N V OVjs. . . 107 107'-, 107',
1 Sun Oil Stis 1)7'4 07'/., 07>,
28 Swift ACo 55.... 00 *4 00*4 00 »,
3 Transeo O 7». . . . 101 % 101% 101',
34 Thysseu lASt L7s 03', 03 03
4 Tyrol Hyd El 7% s 00", Oi! *, !)•)",
15 InO of Cat ss, . 05 *, 95 54 05*,
OB S Rub 0 ', s '27 102 102 102
5 17 S Rub ti%s '2B 102 102 102
or S Rub 0% s '2O 101*, 101", 1018,
51' S Rub o'a s ’3O 101% 101 101%
5 17 s Rub (t’,,s ’3l mo*, 100 100
tor S Rub O'ts '32 100% 01'*. 100
or S Rilh O', s '33 00 OS*. OS ",
71' S Rub o',s '34 08", 08*, 08%
an S Rub o',s '35 08', 08', 08',
2r S Rub o%s '.'to 08% 90 08',
3 1 S Rub o%s '37 08 08 08
5 I' 8 Rub 0% s '3B OK 07% 07",
5 1 S Unit O'. S ■;!<( >lB% 07 % OK 1 4
111 I S Rub o',s '4O 08 07% 07 %
5 Vacuum Oil 7s. .105% 105% 105%
4 Webster Mil li%s. i'B !)8 08
FOREIGN BONDS.
C Alpine Mont S 7s. 01% 01% 01%
3 City Gray. 8s 08 OS 08
20 Esi RU France 7s 83 % M;i 83%
7 bid M Hit Finld 7s 05 04 ', 05
lllKsm Nrtlils (I, 54 lllilA 100% DMi%
5 Krupn Fried L7 s. 03% 03% 03",
20 Mnr B't Denmk Os 00 % 00 % 00 %
I R of Peru 8s 32.100% 100% 109%
I Ru=s G 6%s N es 12% 12% 12%
0 Siem A Hal 7s *35 00 00 00
22 Solvay Os 34 8...104 103% 103%
1 Swiss Govt s '.is.. 102 111]’, I'll’,
OOToho El Pow C 7s 01 00% 00%
Kale- STANDARD OIL ISSUES,
in units.
11(10 Anglo Am Oil .. 23% 23% 23 %
400 Atl Lobos 3% 3% 3%
10 Buckeye P 1 01% 01% ol %
100 Chesebr Mhr ... 00% 00% 60%
25 Gal Sic Oil .... 54% 54*. 54%
10 Gal S O Did old.. 114 114 114
4300 Humble Oil AR . 04% 02% 02%
0000 Inin Oil Can new 34% ,33% 33%
40 Ind PL 74 74 74
3000 Inter Pet C Ltd. . 20% 25% 20%
190 Macnolia Pet ... 148 140 140
40 N Y Transit ... Oi % 00% 00'.,
200 Ohio Oil 07% 00% 06%
100 Penn Mex Fuel. . 32 32 32
1100 Prai O A G new 0(1 59% 59 Vi
390 Prairie PL . . 120% 120 120
100 South l'enn Oil.. 173 17 1 171
10 Southern PL . 83 83 83
GOODS O bid 07-V 00% 00%
400 S O Kansas 30 35 35
00(1 S O Kentucky. 119 118% 118’,
HIS O Nebraska ..247 247 247
300 SONY 44 % 44 44
40 Swan A Finch... 17 17 17
1.300 Vacuum Oil .... 89%, 88’, 88’,
Sales INDEPENDENT OIL STOCKS,
in hundreds.
lAm Conti 0i1... 4% 4% 4’,
58 Am Maracaibo C 8 7% 8
4 Ark Nat Gas... 7% 0% 0%
Washington Stock Exchange
SALES.
Washington Rwy. Sc Elec, com—.*l a! 122.
Washington Rwy. A Elec. pfd.—lo at
sa» t . JO at B.'t >4 .50 a! H:\ ' 4 . 30 at MR 1 4.
00 at 83 'a . Hi at 83 %. 20 al 83 3 *. 10 at
83 •% .
National Mtre. A* Invest, pfd.—.V) at 9 % .
AFTER TALL.
Washington Rwy. At Elec. 4s—sl,ooo at
79.
Money—fall loans. 5 and 6 per cent.
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY
Bui. Asked.
Amer. Tel. A Telsa. 4s 97%
Amer. Tel. At 4 , / *s. .. 94%
Am. Tel. A Tel. ctl. tr 101 %
Am. Tel. A- Tel. conv. Os 131
Anacostia Sc. Potomac* os.. . . 91 %
Ana. Si Potomac aruar. 5*.. .. 91 %
< . Sc P. Telephone 5a 99%
r. S: P. Telephone of Va. ss. 97 . . . .
Capital Traction R. R. 55.... 97V* 98
City & Suburban s*» *, . 85
Georgetown Ga* ls?t 5s 93
Potomac Elec. Ist 5» 100
Potomac Elec. cons. 5s 99
Potomac Elec, tis 1953. ... 10ft Va
Pot. El. Pow. z. m. St ref. 7» 107 108
Wash.. Alex. Ac Mt. Ver. 55.. 1H
Wash.. Alex. Sc Mt. V. ctls . 14
Wash.. Balt. Sc Annap. 55.... 05
Washington Gas 5s 100
Washington Gas Os 103
Wash. Ray. Sc Elec. 4s 78% 79%
Wash. Rwy. Sc Elec, fls 101 Va 102
MISCELLANEOUS.
Pot. Jt. Stk. Ld. Bl:. 5s 101 103 Va
Higgs Realty 5s (long* 98 Va 100
Hitrgs Realty 5s (short) .... 98 JOO
southern Bids:. 0 V*B 101
Wash. Mkt. Cold Storage ss. 93
Wardman Park Hotel Os 101
STOCKS.
PUBLIC UTILITY STOCKS.
American Tel. A Tel*a 138%
Uu|>i(al Traction 95 95%
Washington Gas 57% 58%
Norfolk A Wash. Steamboat.. 247 % 205
Wash. Rwy. A Elec, com *l2O 125
Wash. Rwy. A Elec, pfd *8.3% 84
Teiminal Taxi eom 90
NATIONAL BANK.
Capital National 205
Columbia -JIN} - ■ * • -
Commercial 150 Jb3
District • tiß 200
Farmers A Mechanics .40
Federal-Ameriean 250
Liberty ISO
Lincoln •
National Metropolitan 503
Riyrs ; * ;,s
Second I" -1
Nat. Bank of Wash 224
TRUST COMPANY.
Vmerican Security * Trust... 328 330
Continental Trust.... Jji
Merchants' Bank.. ....... . i,«<
National Savings * Trust.. .. 440 .
Union Trust.. ■ ■ • t’,'?
Wash. Loan A Trust 400 415
SAVINGS BANK.
Commerce A Savings 235
Ea-t Washington -•» in
security Savings A Com 3J>5 4,a
Seventh Street 1-|JJ .....
United States ‘OO
Washington Mechanics 4.1
FIRE INSURANCE.
American j-25
Corcoran
Firemen * -•>
National Union 14'%
TITLE INSURANCE.
Columbia Title § ,
Real Estate Trtle l»5 100
MISCELLANEOUS.
D C. Paper pfd SO
Merchants' Trails. A Storage. 110 120
Mertrenthaler Linotype.. . ... . I<<L 1
Natl. Mtxe. A Invest, pfd... 9% 9%
Old Dutch Market com 1% 4 .
Old Dutch Market com 1% «
Laii! ton MniiotJ'lK ?•. % 83%
Security Storage....: 358 -....
Washington Market o 2 oo
Yellow 23
•Ex dividend.
THE EVENING STAR, WASHINGTON, t). C!„ THURSDAY. MAY 28. 1925.
the Southeastern Power issue rose al
most 4 points, close to the 100 level.
The .short interest in such active
issues as Kelvinator and American
Rayon Products bid the price into new
high ground when they tried to even
accounts.
There was another sharp advance in ;
Chrysler Motor in sympathy with the |
upturn in Maxwell "It on the rito k j
litchange, but this war for techn'oal j
reasons. Following announcement i
that transactions in the Maxwell !
junior shares, which are convertible
into Chrysler, would "be confined to
the certificates as the remit of the I
reduced supply of ”f»" stock, the price 1
came hark over a good ]vu t of the '
ground gained. Slttlz Motor was al !
the best price, for the year. ,
I 1 Can.) Synd .... 1 .'! % '
33 i'll Sf-rv new. . . 38’, 37 ’. 38’,
I City Serv pul. . . h'J .82 82
00 Colombian Syn. . 2 I ’. 2
. 10 Con, Royalties .. i .99 I
79 Conti Oil v t . 20 % 20', 20'.,
31 Creole Synil ... 12% 12% 12 %
7 Crown C pfd wi.. 12 12 12
7 Euclid Oil Co. . . 11 J, 1 %
4 Gibson Oil Cor . 3 2% 2V,
1 Gillil'd Ov t cl, 1 % 1 % 1 %
• I Gulf Oil of Pa.. 07 % (17% 07%
2 Kirby Pel 3% 3% 3%
141 Lar.o Pet 5% 5 5%
2 Marlan l 4 4 4
12 Mount Prod 22% 22 22
9 Mount Gu'f I %. 1 % 1 %
% Nat Fuel Gas.. 114 114 114
0 New Brad 0i1... s', 5", 5%
2 New Mex Land. . 8 % 8 % 8%
10 Noble Oil A Ga, .11 .11 .11
7 Ohio Fuel Corp.. 32 32 32
2 Oil Corp. . . 1 % 11 %
5 Penuoek Oil Corn 21% 24% 24% i
10 Renter Foster Oil 23% 23% 23% I
1 Red Bank Oil. . . 30 30 30
15 Royal Can OAR .99 .90 .98
3 Royal C OAR UR 11 1
1 Ryan Con 0 0 0
13 Sail Creek Prod. 27% 27 27
1 Savoy Oil l % ] % l %
127 Sun Oil wi 41% 39 39'-
1 Tid Osase O NV. !) %' 9% 9',
19 Tidew Oil new wi 37 30% 30%
14 Unit Central Oil, 11% 11% 11%
15 Venezuelan Pet . 4% 1% 4 %
4-1 Wilcox Oil AG 0 5% 5%
0 Woodley Pet 0% 5% 0%
INDUSTRIALS.
15 Adirond P0w.... 79'.. 7.8 79%
% A)hr I’mv '7s pfd fOI " 104 104 I
1 Allied Pack new. 5% 5% 5%
15 Am Gas A El.. 83", * Ml % 82
3 Am Ga- A El pi 90 89 ill!
9 Am L A Tran... 109 105% 105%
in!) Am Pow ALt ii. 05% 04% 04%
1 Am Pow A l.t pf 89 % 89 89
2a Am Rayon 33% 31' 33%
33 Am Superixnv A. 38% 37% 38%
00 Am Sup,-mow B. ,39'. 38 "7 ;|*i,,
5Am Thread Co pf 3’, 3% 3’,
1 Anoo 51fv Co A.. 2 2 3
1 Armour B vie. 13 !2 j»
10 Amo G A E. .. . 33% 33 33%
2 Atlantic Fruit... .97 .97 97
0 Borden Co A vw. 09% 09 (>!)
1 Borden Co new,. 71 7 I 71
110 Borden Co rt«. 2 1% 2
II Botany Cons 51 21 20% 21
Botany Cons M A 45% 45% 45%
1" B Schwartz A wi. 17 10% 17 |
9 Bridgeport sfaeh. 10% io 10
1" Brit-Am Tob Cou 28% 28% 28% ;
5 Bklyn City R R S'. 8 8 1
2 Brown A Wms B 13 % 13% 13% ‘
Bumrru* Co old . lib Ho nil
13 Buff Gen El C, . . 00 4, 05% OO
.Burr Ad M nw pf 105% 105% 105%
10 Car Light 5% 5 51,
1 Can Dry GA A 120% 125 125
% Can DG A B . 125 125 125
1 , (aixdlna PAL. 4,'tO 415 425 1
% Celluloid C pfd 7 s’, 75% 75’. i
9 Cent Ter pfd | % ) 1", I
.. ! !J'Y ntrif •’"» Co l«% 10 10%
.0 Chapin Sa. A Co 30 33 % 34%
a Chatterton A xin "I’. "4% •■4’.
50 Chrysler Mtr wi. 112 105 % 1 lis
9 Cleve Auto . ... 25% ••{, %
_ uoiiimonwltli Ed. 139 J;t!i )39
“"8 Common with PC IT" 10- 105
lUwiin'i.i!, 18' pf,| «< ,83", 83 **
10.3 Commw 18' u wi 4341 \ 1"%
1521 Commw I* c war 7s 7 1". 74
27 (Ynis G Halt nev. 12 . 41 ‘ 4)*.,
49 Continen Bak A 127% l"o'. 1
380 Coniuien bak H. 28% -V,‘.' 8"
34 Conti Halt pfd... 99 f.> * jisi.
■ < ,’, , 3- v ■ 44 % 44 4 4
3 Cuba Co 37 -i7
9 Cot. TU v 1 i 28 -*7
11 Curtis, Aero 5! . 19% is isv
,1 Curt Assets Cor.. 32% :p»% a- .* I
I%D LA D Coal. . . 125 1-4 % t-’*, I
2 Doe tiler Die U C 15% if, ‘ I
I 1 Dubilier C A Rad 15% 14*. 14,; i
O Diuihiil Inti I 28 % -'k ->8 ]
7 Durant Motor 15 I t’. is
2 Dud CAR vt e 5% 51., 31., j
20 Duz Co A 23% 21% 23% >
%Elßo ASh pfd. . Jd4% 103% 1 iV:". i
50 El tl A 8 new Cor 75% 74 ‘ ‘-. ,* ;
10!) El Invest Im- .. . 59% 5.8% is %
%El Auto L . 74 74 7* [
Eureka Va. C. ... 52 50 I
% bml Mot Co Can 485 its its
? r,n a g H Mfsr C 24% 23% 23%
7 Freed Eisem R C 9 u 9
1. Freshman Chas.. 13% toi. )•• %
•> Gah Jinuh A *»7 AS O oS 3
B Gen Outfl AvJ C A 45% 45 4-.. V
3G Outd A C vto. . C l\ s. rti i
Gillptte SR #57 HH %
' L f. ( * w * R 58 58 58
4 Glen Alden Coal. 130 129 ]>p
48 GixMl.vear Tire T. 32 3) % i
to Grennan Bak ik is \h 4
1 Griffith D W.... i . .
00 Grim.'. RACK. 24 22% -3%
IB Happy C St A.. 7« 4 - ’ ~ \
4 ffu/.Htirif* C'orp. 17% ‘ I
*4 H*Mc*nlf»B PowVr. 115 115 115
-llo.n d UarUart. 53 s*» *»*t
4 latl C<»ii4*r likl U. | •„» % j •’» *i.»*
1 Inti Match (' pf. 4*i •% 4*'"- 4**
TJ IntDr Util A 40 37 Ip
• Jonpfl Radio ;»•» »i
5N Kflvinator ( . . . . :|*i. ;ii» x
T w ‘ < ' vt <'. 144% 127 144 ‘
II Lehu-h Val CNC 38% :*B*. J
3L.b MrN AL n. 0% 0% 0%
. Liberty R a Ch S. 8% H % 8V?
1 Marconi Wire Tel 8% s 8%
3% Menpel Box 59 *«*! 5s
» 93% 92 f 1.3%
22 Mid W Ut"rt P s r «" 10 S IW t l" 10 ‘ j 8
8 Motion Pot c )8% it,’ .;t"
»w--- i"!% ,i-‘
: * J^ oxv Ls . . 350 33J1 •* 17
■" Nat Co
i - r V%i
i?‘|:?W?j:: ,iU‘ ,!i’ :
"5 V ,’r B. ta P/- ” ,<1 ! :i !l> "* 98 ' a
■’ A'.r Bta r f war 22% I •>,
"1 9 nt lap 48% 47 47
1 Omnibus C A pfd 93 93 01
-1 Opppenhm A C..1 4-> % 4-. in . '
1 % Pathe Ex Im A. ",f U £
V P ,,w r "'l' <>f N Y 49% 48% 48 %
~ Seepr Cor. . 19% 19% ]i, .*
(Purity Bak A. 45%' 4=, .V , 1
4 Purity Bak B. . 38 % :ts %
4 Pyrene Mtg ... . 1 ) in’! , , *
Reid be Cream . 39% 39% -.in,
7 Reo Mot 19’ .9 U V J
G C pf 48% 48 48
•» G P nw v t « f IP ip id
‘finger Mfg Ltd. 51; 47. 1 2, !
320 80 C A I new 05 04 05 *
30 Southeast PA L 102 98 D)|
1 * S Ol ' 11 ;. K<l 1,0 109% 110
1 2? D Lai Ed B pf 93 93 93
.84 Reg Paper .. . 53’, f>;j a,
3 Stand Pub C A. . 20 •».). an
90 Ptut/. Mot io % "n*. "o i
38 Swift Inti 25% J‘ %
i. w| ft 4Co 111 110’., 11l 3
ii X fniJ Elec Pow . 09% 08 if 08*.
II Thermiod Rad C. 9% 8 4 *B%
•’ Thonm R C vie 8 7
Tob Prod Exp . 3% 1
1 Tower Mfg . . 77 * ~ n
2 Union Carbide .. 09% 09% not.
'7! n ' Lt &P a 09% 08% 08%
3.4 tJmted Pft Shar.. 10 7% S *4
10 1 til PA L C A.. 28% 27% 07*:
8% Universal Pic C "7% ••n*! 3- ii
1 \ Viet or Talk Maeh 78 * 76 78
~ Ware Radio ... j 3 1. j 3 10 ,
7 Warner Bros P A 17*. 17 {Vi 4
3 5 Went Pow 52% 50 c, ii
'Vf‘ 8 ‘ p ‘'"„!’{<) ■ 90% On in)
. White R M Sp n 38 V 4 38 qo 1
!{W* MS nv t e 39 4 38 ’
•I Wllsinif nw wi 1.3% 13% 11
3 W.IsAC Anw w, 29 % 29 % '9l
1 WilsAC nw pf wj 70% 70% 71)’,'
MINING.
lOOArix Globe flop.. "4 •>•> .>4
20 Calumet A Jero Vio in %%.
40 Canario Uopm-r. 5% ' r.' . 5»
24 Chino Ext Mines 1 % ]1 J ,ft
2 Cons Cop Mines.. •> % .. 7* if'
II Os-on Gold .. .3 i, 5, .7 ,*
10 Divide Extens. . . .0.3 o';i *
I Eng Gold MLt I 48% 47 ’ '4-1
40 Eui-eka Croesus p. '
’ IB Flor Goldfield M. .08 oh j.S
20 t,ol-3 State no 05 01*
40 Hawthorne M In. .lit 17 ,!
1 Howe Sd new vte 10% ihi i«i
90 Kay Conner Corn 2% 2 % ”a'
81 Kerr I.ake | * 71* 7]*
20 Lorrain Coll* M.. 7" 7.» * ’
2 New Cornelia.... 19% jai ‘ir,.
! I J| Sf'T Je'wy Zinc 188% 185 4 188%
I Nlpissihr r<7 4
I'iOhio Copper. . 88 so ’ U,| *
| lo Plymouth Is, M. .27 '->7 '!!-
, lo Red Warrior. 25 '.;i
o 2> So Am Gold A p ' 0% ''■>% "o,
30 Spearhead Gold.. .08 07 os a
1 Tono Belmont . .01 oi nt
5 Tono Extens ... 2 «* ’!>
2.7Tono*Min .... 4 3.s 7
1 Unity Gold ... 75 -7 -J
! ,7 U- tah , 0% 0 % '’n s.
11 Wenden Cop ... .3*. -j
YEAR’S FIRE LOSSES
HIGHEST EVER KNOWN
By the A*sociated Press.
NKV\ YORK, May 28.—Property de
stroyed in this country b.v fire In 1924
was estimated at *548.810,639 in a re
port made today at the ninth annual
meeting of the National Board of Fire
Underwriters. This total, according to
the report, is the highest ever known
in any country.
Despite the rapid increase in aggre
gate burnable values, the “curve of de
struction" has risen less rapidlv, it
was stated by H. A. Smith, head of the
National Fire Insurance Co. of Hart
ford, Conn, t
W.. 8.& A. COMMON
IN AMAZING RISE
Stock Soars From 6 1-2 to
12 1-4 in Three Days.
Merger Talk the Cause.
Special Dispatch to The Star.
BALTIMORE, May 28.-—Despite
deni;.ls of officials of the Washing
ton. Baltimore and Annapolis Electric
Hallway Co., as well as of the West
ern Maryland Railroad and J. E.
Aldred. chairman of the boards of
the t’nnsolUlated (’.as, Electric Bight
and Bovver Co. of B; Itimore and the
Bennsylvanin Water and Power Co.,
reports still persist that a deal in
volving a change of control of the
electric line may soon develop.
Common Stock Touches 1254.
The common stock of the company
touched 12’i on the Baltimore ex
change yesterday. This compares
with 6%. on Saturday last and 5% a
few weeks ago. Bidding for the
shares was spirited, and it was re
ported that some sizable blocks
changed hands without records. As
on recent days, buying was chiefly for
om-of-tovvn account, although local
operators continued to add to their
holdings. New York interests are
Bald to have started the buying of
both the common and preferred stocks
of the company last week and have
continued to accumulate them.
“Some Iversons in the finance dis
trict cannot figure out what advan
tage the W., B. & A. would be to
Mr. Aldred.” said one well posted finan
cial man. "They have evidently over
looked the fact that the Consolidated
(Ins and Electric Bight and Power Co.,
which is controlled by Mr. Aldred and
associates, is shut out of Anne Arun
del County through a ruling of the
Public Service Commission of Mary
land.
\V. R. X K. Might Buy Koad.
"That territory is served by the An
napolis Sr Chesapeake Bay Power Cn.,i
which is part of the W.. B. & A. sys-’
tem. The district Is building rapidly.
It is known that the Consolidated
company would like to invade it. It is
pointed out that the quickest and
easiest way to accomplish this purpose
would be the acquisition of the W., B.
& A. railroad.
“The suggestion is made that prob
ably Mr. Aldred. if he acquired the
property, would not wish to retain the
traction end of the business. In that
event he might dispose of it to the
Washington Railway and Electric Co.,
with which the W., B. & A. has an
agreement to use the former's tracks
into the heart of the National Capital.
Most Profitable Division.
"The Annapolis atid Cliesapenke Bay
Power Co. is the most profitable
division of tlie U'.. 11. & A. system
The power company operates under
a f.O year franchise ami its business
is expanding at a rapid rate, ii is
pointed out that the Consolidated
Electric Bight and Power Co., with
its modern facilities and ample power,
a large part of which is supplied by
the Pennsylvania Water and Power
Co., also controlled by the Aldred
group, could develop the territory
more rapidly than the Annapolis and
Chesapeake Bay Co. can.
"Bankers say the logical thing for
the local oomiiany to do under the
circumstances would he to broaden its
field of activities. They add that a
step in this direction would be the
acquisition of the power business of
the Washington. Baltimore and An
napolis Railroad, though, of course,
this could not he done without ob
taining control <>r the system as a
whole and then disi>osing of the
traction end to the Washington' com
pany or (josslbly to the AVestern
Maryland Railway.”
Western Maryland's Rights.
The Western Maryland now hos an
agreement to use the tracks of the
Washington. Baltimore and Annapolis
Railway in and out of Washington
during certain hours. It is known
that the Western Maryland has for
years desired an entrance Into the
National Capital and also into
Annapolis.
In the event the Western Maryland
Railway is allocated to the New York
Central in the railroad mergers, con
solidation of the former and the
Washington. Baltimore and Annapolis
would give the New Y’ork Central en
trance into Washington and Annapolis
sis well as Baltimore.
RAW NIATERIALSARE
LEADERS IN IMPORTS
Kavv materials constituted the big
gest single Item in April imports into
the United States, while manufactured
goods made up the largest item of ex
port.
Commerce Department figures to
day. analyzing the month's imports
and exports, together with compari
sons of materials in the same category
for April of 1924. follow:
Exports—Raw foodstuffs, $36,192,000
against $13,336,000; foods ready for
consumption. *39,386.000 against $42,-
693,000; raw materials for use in man
ufacturing. $84,908,000 against SBO,-
719,000; manufactured goods, $170,-
875.000 against $147,546,000; partly
manufactured products, $60,704,000
against $50,986,000.
Imports—Raw foodstuffs, $36,591,000
against $35,286,000; foods ready for
consumption. $48,426,000 against $58,-
629,000; manufactured commodities.
$62,305,000 against $64,069,000; raw
materials for use in manufacturing,
$140,540,000 against $110,589,000; part
ly manufactured products, $FT9,824.000
I against $54,529,000.
— •
FOREIGN EXCHANGE.
(Quotation* furnished by W. B. Hibb* & Co.)
Nominal Sellfnar checks
uroJd value. today.
London, pound 54.8H05 S4.BUS
Montreal, dollar 1.00 . . .
Paris, frane 103 .0501
Brussels, franc 103 .0494 !4
Berlin, mark *-238 .3381
Home, lira. . . 103 .0307
Zurich, franc 103 -
Athen*, dtachma 103
Madrid, peseta 103 .1448
Vienna, crown 'JOMO .000014^1
Budapest, crown *’o‘!o .00014
Prague, crown H
Warsaw, zloty 103 .1030
Copenhagen, crown... .‘*oß .1883
Christiania, crown *7OB -1000
Stockholm, crown 26H 4 J070
NEW YORK, May 28 Foreign
exchanges steady. Quotations (in
cents): Great Britain. demand,
455 13-16: cables. 486 3-16: 60-day bills
on banks. 481 11-16. France, demand,
5.01 ', z ; cables, 5.02. Italy, demand,
3.97; cables, 3.97%. Belgium. 4.92%:
Germany, 23.80; Holland. 40.12: Nor
way, 16.87; Sweden, 26.74; Denmark,
18.80. Switzerland. 19.35; Spain. 14.r1;
Greece. 1.70*4; Poland, 1954; Czecho
slovakia. 2.96; Jugoslavia. 1.66: Aus
tria, .14: Rumania, .4754: Argentina,
40.75: Brazil, 10.55: Tokio. 41 7 8 ; Shang
hai, 75%; Montreal, 100.
TREASURY CERTIFICATES.
(Quotation* furnished by Redmond A CO.)
r-..—■■ Noon. ,
Hid. Offer.
4%* June 18. 1828... 100 1-16
2%* Kept. 16. 1925... IM) 28-82 100
•J, Dec. 15. 1825... 90 31-32 100 1-Q2
t*»» Dec. 16. 1826... 100 21-32 100%
4%s March 15, 1926.. 1018-32 1017-32
4%» Kept. 16. 1020... 101 1-32 1015a
4 *: * March 15, 1827.. 101 31-32 102 1-16
4%s Dec. 15. 1827.... 10131-32 102 1-16
Abyssinia has a Jewish population
of 50,000.
Steamboat Officials ;
■ ■ 1 •' - ~ i
CEARKNCE F. NORMENT.
First vice president of the Norfolk and
Washington line, who was elected
president at the regular meeting this
afternoon, succeeding the late
\V«K)dburj'.
i
D. J. CALLAHAN.
Second vice president and general
manager of the line, who was elevated
to first vice president, to succeed Mr.
Norment. He continues as general
manager.
HOOVER FINDS PRICE
FIXING GREAT HELP;
Action Saved U. S. Farmers
I
Vast Sums During World
War, He Asserts.
Fixing of prices on wheat by the j
Government during the war with Ger-'
tnanv, far front reducing the return to 4
the American farmer which he might
have obtained in a free market, in-1
creased the selling price, and main ,
tallied lt against influences which !
would have held it on a lower level, i
an official Government publication
put out today and approved by Secre
tary Hoover, declares. The statement
was written by Dr. Frank M. Surface.
Dr. Surface, who was economist for
the i'nited States Grain Corporation,
which handled the war job of con
trolling breadstuff prices and distribu
tion, has revealed some hitherto un
disclosed steps taken by the Grain
Corporation hi carrying out its grain
policy.
Dr. Surface likewise undertakes to
show that by the control of wheat
and the associated dealings with the
price of meat products, the consumer j
was actually protected from extortion- :
ate mulcting in the cost of finished j
products. The study. Mr. Hoover said, j
gave him opportunity to "pay tribute i
to my colleagues in the food admlnis- |
tration. and to the farmers who gave j
so much in exertion to the production I
of a vital supply on which a large ;
I part of the success of the war hinged, j
and also to the American women ;
whose economies in the use of flour i
contributed so much lo the enlarge- ;
ment of that surplus.”
CLOTH MAKES UP LOSS.
NEW YORK. May 28 (Special).—
The Worth street market for cotton
cloths continues quiet today, but 64x60
print cloths regained the eighth-cent
loss of yesterday and were back at
9%. with 68x725. at 105*. But quota
tions showed no material changes.
GERMAN BONDS AND STOCKS.
(Quoted in dollar* per million mark* )
Bid. A*ked.
Ger Gt (win) 5s 1914 18 1 100.00 1175.00
Hamburir 4%s 1919. .. 175.00 225.00
Ger Gt 4-5 s (forced loan I 16.00 18.00
(Quoted in dollars per thousand mark*.l
Ger Gen Elec 4%s pre w 21.00 23.00
G*r Gen Elec 4%» 1919. 2.00 .100
Berlin 4* pre-war 9.50 11.00
Ham -Is. 3He * 4s pre-w 4.00 5.00
Hamhura Amer Line 4%* 20.50 22.00
North German Lloyd 4%* -20.50 22.00
North German Lloyd. . . . 7.00 9.00 j
Prussian Consol* 3%*. . . 1.25 1.60 -
Krupp 5s 1921 2 50 .3.00 -
Dusseldorf 4« pre-war... 10.00 12.00
Frankfort a-M 4* pre-war 10.50 12.00
Munich 4s nr-..war 14.00 18.00
BadUche Anilin . . 00 00 02.00
AEG (Ger Ge Elect.. 24.00 25.50
Commer* and Privat Bk . 14.00 15.50
Disconto Gellnehaft 39.50 41.50
Dresdner Hank 19.00 21.00
Deutsche Bank 29.00 :I1 .OO
Darmstaedter Bank 30.00 oo
Mercur Bank Vienna.... I 50
| — REAL ESTATE LOANS
C \JD] Any amount
JTi APARTMENT HOUSES
•/L BUSINESS PROPERTY
RESIDENCE LOANS AT LOW RATES
FRED T. NESBIT
INVESTMENT BLDG. Main 9393
Real Estate
Loan Man
Open for Engagement
Address Box 45sV, Star Office
Quick, Courteous Action
Money to Loan on Ist. 2nd and 3rd Trastt
Alone; Advanced for Payment of Tax**
Money Loaned for Individual and Corporate
Financing
District Loan Procurement
Company
219-223 Kellogg Bldg„ 1422 F St. N.W.
Tel. Main 8070
1 HOMEOWNERS I
Can Secure
LOANS
l r p to *SOO
In THREE HATB
Fidelity Guaranty Co.
T& Win®
51/2%
First Mortgage Loans
ON
Washington Real Estate
We always have on hand an 1
adequate supply of money to •
loan at lowest rates of Interest;
and we are now loaning our
money at 5%%.
E. Quincy Smith, Inc.
909 15th St.
I Telephone Main 9557
federal-american! !
NATIONAL BANK
RESOURCES, $14,000,000
1315 F Street
JOHN POOLE, President
WE BUY 1
First and Second Trust Real
Estate Notes secured on in
come-producing real estate
in Washington, D. C.
Construe!ion Loans Made
Real Estate Mortgage &
Guaranty Corporation
26 Jackson Place N.W.
Resource* Over $2,000,000.
L. K. BRKIiXINGER
President
t] —=im —ri
"1 WANTED ["
Second Trust
3 Notes □;
This company has funds
available for the purchase
of all kinds of second
trust notes, secured on
real estate in or close to
D. C.
Prompt Service
and
Transactions Co
713-15 14th St. N.W.
Main 3C62
□ r-rr-TIS I—rr-==g j
Public Service Corporation
of New Jersey
Dividend No. 72 on Common Stock
Dividend No. 2€ on 8% Cumulative
Preferred Stock
Dividend No. It on 7% Cumulative
Preferred Stock
The Board ot Dirre.ors of Public berv ee Ov
poration of New Jersey has declared dividends
at the rate of annum on the S% Cumu
late Stock, betng Si.ooper share; at
the
Preferred otoek, being 5 1 .75 per share. and si. 2 y
per share on the non-par value Common Stock
for the quarter ending June 30, 1015. Dividends
are payable June 3a, 19x5, Lu stockholders of
record June s, 1915.
T. W. Van Middlesworth. 1 reaeure
•», , *• !■ tw . . > • ''J L.
-J, ' s
Continental Trust Company 8
Capital
One Million Dollars
14th & H Streets
I -""'a *M
I BUCK & CO. I
Established 1916
We Will
Buy
All or Any Part
of 100 Shares
> Banking Trust
and Mortgage Co.
BUCK & CO.
EVANS BLDG.
1420 New York Ave.
Phone Franklin 7300
Money to Loan
Secured by first deed of trust on real estate.
Prevailing interest and commission.
Jogghl- Writer
7% .
Without Risk
or Worry
EVERY dollar Os interest paid
promptly when due; every
dollar of principle paid promptly
when due--that is the 53-year
record of The 7. H. Smith Com
pany.
Our First Mortgage Bonds, in de
nominations of SIOO, SSOO and
SI,OOO, now enable you to get 7%
for any period from 2 to 10 years.
You may invest outright or un
der our Investment Savings Plan,
which pays tha full rata of bond
interest on all payments.
MAIL THE COUPON NOW
The F. H« Smith Go.
Founded 1573
NoL*ti to Airy hrrntor in 32 Year*
Smith Building, 815 Fifteenth St.
THE F.H. SMITH COMPANY 1
Smith Building, Washington, D. C.
pteaee tend me your booklets about
7% Smith Bonds and your Invest
ment Savings Plan.
Name
Address ■ -
IbasßßaamßnssssßSssßril
FINANCIAL.
MONEY TO LOAN
IN ANY AMOUNTS
Upon First Mortgages on Improved Properties
In the District—Current Rates
Prompt Service
Shannon s lush’s!
REALTORS
And Mortgage Investments
713 and 713 14-th St. N.W.
Main 234”)
aaE®Sia®aJSJa^J?i w Jsaisjaiaisffli^{^^!sMejEjefeia®aiasaiaMEja®s®si^'SH
I The New York Life Insurance Company
® Offers to Make
| First Mortgage Loans
1 on Improved Real Estate
m In the
y District of Coluinhia anti Suburbs
y for 3, 5 or 10 Year Periods
E House* Apartments
Business Properties Office Buildings
s 5%%
I ON APPROVED SECURITY
1 Apply
I Randall H. Hagxer & Compact
i Jlortcaoe Loan Correspondent
® &F/32/ Yocwnecbciit cF'/veruu, n 9700
J Office Suite for Rent
Ideally Located
Especially suitable for
1 Real Estate—lnsurance
Financing lnves
tl ment —or Similar Cnr
fporations. |
SAUL BUILDING
! 925 15th St. N.W.
Reasonable Rent
I B. F. SAUL CO. •
■ Main 2100 925 15th St. N.W.
S* i . ,!T"[ .--.iji'iiiM t.:iiMiiTiniii.;Hiiiii.iM.TrTTTVii l t.TnTtnnfini£oj.^ l tJnn.i.ir. , :muj^l^mL ; ns?rrrTTT'i.iiin.iiiimmnMii^i.iiiiii'niimTmTt^
!
FOR INVESTORS
!
I
MORTGAGE NOTES
i
!
IN CONVENIENT DENOMINATIONS
*
1 ON IMPROVED PROPERTY
in DISTRICT of COLUMBIA
I
I H. L. RUST COMPANY
| 912 15th Street Main 6888
|
) L———i^———— g
Standardized Safety
THROUGH their unbroken record of 56
years without loss to an investor, our
First Mortgages have come to be recognized
as a standard product.
All First Mortgages, offered by Swartzell,
Rheem & Hensey Company, are equally safe:
« they are all negotiated on the same basis
and protected by the same system of safe
guards. • Safe investment has been standard
ized by this organization.
We are now offering First Mortgages, in
, ’ denominations of SIOO and upward, to yield
the investor
6/4%
Swvrtzellßheem&Hensey Got
MHT
CGashin^fonJlC.
56 Years Without Loss to An Investor
\
31

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