Evening star. [volume] (Washington, D.C.) 1854-1972, July 03, 1925, Image 15

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Evening star. [volume], July 03, 1925, Page 15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 03 July 1925. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1925-07-03/ed-1/seq-15/>

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PRICES HOLD FIRM
AT CENTERMARKET
Pre-Holiday Trade Quiet
Early in Day—Poultry
Prices Lower.
The anticipated early morning ac
tivity on part of merchant's in quest
of supplies for the Fourth of July
holiday trade failed to materialize
today. Business improved later,
however, and dealers' hopes for a big
day’s sale, especially live poultry, re
t ived. There will be a lapse of two
days before reopening of the market.
.l*ate closing of retail markets to
night accounted for slow business
during the early morning hours, ac
-0 cording to wholesalers.
Everything in the pork market was
reported high. When poultry is high
consumers often shift to the pork
market for supplies. This was not
• the case this morning, although there
was a fairly brisk demand for hams.
Live hogs were quoted at 15 and
dressed hogs at 22, highest price this
season. Fresh hams were 30, and the
smoked product 32. Shoulders
brought 20 and 22 cents, while bacon
prices went up to 36 and 38.
Butter and egg prices remained un
• hanged, and there was very little
change, in fruit and vegetable prices.
Today’s Wholesale Prices.
Butter—Fancy, tub, 51; prints, 52;
store packed, 28a30.
Eggs—Fancy, selected, candled, 33;
average receipts, 31.
Poultry—Alive: Spring chickens,
t large. 40; small, 35; Leghorns, 35;
heavy fowls, 27; ducks. 25: keats, 40
to 75; turkeys, 25; geese, 12a15.
Dressed: Spring chickens, large, 45;
small, 40; turkeys, 30; ducks, 20;
geese, 15.
Live stock —Calves, SLalO; lambs,
Spring, 16*4; hogs, 15.
Meats—Beef, 17al8; veal. 15: Spring
lambs, 30a32; hogs. 21%a22; loins, 31
a 32; shoulders, 20a22; smoked hams,
32: smoked shoulders, 20a22.
- Fruit and Vegetable Review.
Today's market report on fruits and
vegetables, compiled by the Market
News Service Bureau of Agricultural
Economics:
Cantaloupes—Supplies limited; &e
--* mand moderate, market firm; Cali
fornia, Imperial Valley, salmon tints,
standards. 455, 4.75a5.25; mostly 5.00;
jumbos, 455, 5.00a5.50; few higher;
ponys, 545, 3.50a4.00; mostly 3.75a4.00;
flats, 12s and 15s, 1.75a2.00; mostly
* 2.00; soft overripe, all sizes, con
siderably lower; honey dews, trading
slow, standard crates, 2.50a3.00.
Cucumbers —Supplies liberal; de
mand slow, market weak; Virginia,
Norfolk section, hotbed stock, bushel
hampers, fancy. 1.75a2.00: No. 2. 1.25a
1.50; few low as 1.00; North Carolina,
most stock ordinary quality and con
dition, refused.
Peaches —Supplies liberal: demand
moderate, market fairly steady;
Georgia, 6s, Hileys, small size, 2.25a
2.50; medium size, 2.50a2.75; large size,
* 3.00a3.25; some small size, ripe, low
1.75; bushel baskets, Hileys, medium
sizes. 2.50a2.75; small size, 2.00a2.25;
North Carolina, 6s, Carmans, best,
mostly 2.00; slappevs, 2.50a2.75; Hileys,
medium to large size, mostly 2.75.
Potatoes —Supplies moderate; de
mand moderate, market dull; North
Carolina and Virginia, Norfolk sec
tion, cloth-top stave barrels, Irish
cobblers, U. S„ No. 1, 4.50a4.75.
Watermelons Cheaper.
Tomatoes—Supplies moderate, de
mand moderate, market steady; Mis-j
sisslppi, fours, ripes, wrapped, 1.25a)
1.35; South Carolina, sixes, green and i
turning, wrapped, fancy count, 3.50a |
3.75: choice count, 2.50a2.75.
Watermelons—Supplies heavy, de-1
mand moderate, market weak; sales;
direct to retailers. Florida, Georgia and ,
Alabama, Tom Watsons, 30-32-pound i
average, 70a75; 28-30-pound average, I
65a60; 26-pound average, 40a50.
String beans—Supplies moderate, de-1
mand moderate, market weak; Vir
ginia, Norfolk section, bushel hampers,
. green, fair quality, 2.00a2.50; some or
dinary quality and condition low as
1.00.
Peppers—Supplies limited, demand
light, market dull; Florida, crates,
mostly 2.50a3.00; North Carolina, bush
el hampers, 2.00.
Lima beans—Supplies light, demand
moderate, market dull; Florida, bushel
hampers, 3.00.
Apples—Supplies moderate, demand
good, market steady; Virginia and Del
aware, bushel baskets, transparent,
2.50a3.00.
Lettuce —New York supplies liberal;
demand moderate; market steady; 2
dozen crates big Boston type. best,
mostly 1.75: ordinary to fair quality
and condition 1.00a1.50.
GERMANY TO FIGHT
POLAND IN TRADE
Economic War Declared by Heavy
Duties Placed on Many
Products.
B.' th« Associated Prc«%s.
BERLIN, July 3.—Economic war
between Germany and Poland has
been declared with issuance of a de
cree by the Reichsrat imposing pro
hibitive duties on Poland's main
agricultural and Industrial exports.
The modus vivendi governing trade
relations between Poland and Ger
many expired on April 1, and no steps
have been taken for its renewal. This
temporary agreement had been in
force since the lapsing of the period
, provided for in the treaty of Ver
sailles to care for post-war adjust
, inents. •
Negotiations for a regular commer
< ial treaty were begun last Autumn,
but they were abandoned after
lengthy efforts to reconcile the views
of the two countries.
LUMBER BUSINESS NOW
AHEAD OF LAST YEAR
Reports to the National Lumber
Manufacturers’ Association in this city
for the week ending June 27, from
375 of the principal softwood mills of
tlm country, as compared with 367
noils reporting for the previous week,
indicate a decrease in new business
* stud shipments.
faking the week in comparison with
last year, all three factors show a de
cided gain.
DAIRY PRODUCTS.
BALTIMORE. July 3 (Special).—
T ,ive poultry—Spring chickens, pound.
35a42; Leghorns, 26a36; old hens. 22a !
28: Leghorns. 22a23; old roosters, 16: I
ducks, 14a20; young ducks, 24a26;
pigeons, pair. 25a30.
Eggs—Receipts, 1,897 cases; native
and nearby firsts, dozen, offered at
33.
Butter—Good to fancy creamery,
Pound, 40a45; prints, 45a47; ladles, I
32: store packed, 29Via30; dairy prints, j
30a32; rolls, 30a32; process butter, 35. j
• •
BUILDS $1,000,000 PLANT.
9 NEW YORK, July 3 (>P). —'The Amer
lean Can Co. is building a new plant
a! Vancouver. British Columbia, to
cost |1.000.P00.
FT N A NCI A E.
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Office
BY WILLIAM F. HEFFEKNAN.
NEW YORK, July 3. —Wall Street
today was chiefly concerned with the
failure of Dean, Onativia & Co. Al
though the announcement came as a
complete surprise, it had no material
effect upon the movement of prices on
the Curb Exchange today. Special Is
sues, however. In which the house is
said to be interested, naturally were
affected. The committee on listing and
securities ruled that the Rosenbaum
Grain preferred and American Rayon
Products Corporation were to be sus
pended until further notice, and that
houses having contracts with the firms
| NEW YORK, July 3.—Following
Is an official list of bonds and stocks
traded in on the New York Curb
Market today:
Sales in BONDS.
thousands. Hisrh. L-ow. Close.
1 Allied Pack 8g.... 01% 01 % 01 %
t Alum 7s new '33. 107% 107% 107**
10 Am Gas AEI 6s. . 98% 08% 08%
8 ?A» Ice 7s 110 114% 115%
dAm Pow &Lt 6s. 07% 07% 07%
6AmPi LBa new 97 % 07 07
6Am Sumat T 7% s 94 03 03
1 Am 801 l Mill os.. 103 103 103
1 Anaconda (is 103% 103% 103%
‘ Asso Gas &El6s . 95 % 05 % 95 %
2 Asso Sim H 6 % s.. 80 80 89
37 At GAW ISS 55... 70% 70 70%
4 Beaverb'd 8s 94 % 94 % 94 %
. Beth Steel 7s '35.103% 103% 103%
1 Botany Cons 6% s 95 95 95
3 Can Nat Ry 75.. . . 112% 112 V* 112%
pit Serv 7s C. . 123 123 123
l or.‘E |en- 7s D. . . 101 % 101% 101%
2 Cit So,- 6s 90% 90% 90 %
l-Lit Serv P & I t!s 93% 93% 93%
10 Cons G Bal 5s F. 100 100 100
10 Cons Tex 8s 85% 85 85
la Cuba Co N J os. 04% 04% 94%
, L Cudahy 5s 93 % 03 % 03 %
13 Cudahy 5%s .. 03 02% 92%
4 Deere & Co ?%s. 103% 103% 103%
32 Detroit Cit Gas 0s 105% 105% 105%
3 Detroit Ed os. .. 124 124 124
2 Dunlop T & R 7s 105 105 105
3 Fed Sug 0s '33 . . 00 90 90
1 Gair Robt 7s .... 101% 101% 101%
10 General Pet 0s . . 102 102 102
5 Gulf O Cor 5s .. 99% 09% 09%
3 Hood Rub 7s . 104 104 104
5 Kaufman D St 6s 96 % 90% 00%
2 Lehigh Pow Hs . 101 % 101 % 101 %
1 Lib MoN & L 7s 103% 103% 103%
2 Lig Win re es 7s 107% 107% 107%
1 Manitoba Pow 7s 103% 103 s ]O3S
5 Morris it Co 7%5102% 102% 102%
5 Nat Distil Prod 7s 100 100 100
8 New Or Pub S6s 92% 92% 92%
30 Nor S P M 6Vi s C 115 114% 114%
28 Ohio Power 5s B 04 % 94 % 04 %
25 Okla G& E ss. 03% 93% 93%
1 Park A Tilford 0s 97 V* 97 V* 97%
12 Pa P A L 5s 52 98 97% 98
IPaPA Lss D '63 98 Vi -98 % 98%
7 Phila Rapid Tr 0s 90 08% 98%
7 Pure Oil Co 0%5102 101% 101%
5 Shawsheen 7s . . 101 % 101 % 101 %
50 Schul R E Ist p 0s 100 100 100
1 Sloss-Sheff Hs ... 102 102 • 102
19 Std G A E o%s. . 138 136% 136%
1 S O N Y 6%5. . . 107% 107% 107%
1 Sun Oil 5 % 5... . 98 % 98 % 98 %
BSw ift A Co 55.. 90 % 00% 90%
1 Transco O 7s. ... 100V* 100% 100%
32 Thys LASt L7s 94 % 94 % 94 %
2 Tyrol Elec 7%5. . 90% 90% 90%
OUn Oof Cal ss. 95% 95% 95%
1 Un Oil Prod Bs. . 34 34 34
4 Un R of Hav 7%s 110V4 110 110V*
17 U S Rub 0% s '27 101% 101% 101%
1 U S Rub o%s '2B 101% 101% 101%
4 U S Rub 0% s '29 101 100 % 100%
10 U S Rub o%s '3O 100% 100% 100%
0U S Rub 6%s '3l 101 99% 99%
31 U S Rub B%s '32 99% 99% 99%
BIT S Rub it % s '3B 99 98% 98%
7U S Rub o%s '34 99% 98% 98%
7U S Rub o%s ’35 98% 98% 98%
12 TT S Rub o%s ‘3O 98% 98% 98%
11US Rub AU; '37 08% 98 98%
(US Rub o%s '3B 08% 98% 98%
6U S Rub OV, s '39 08 % 98 % 98 %
15 U S Rub o%s '4O 98% 98 98%
8 Vacuum Oil 75... 105% 105% 105%
FOREIGN BONDS.
3 Alpine Mont S 7s 91 Vi 91% 91%
2 Cit Brlin o%s wi 89% 80% 89%
5 City Graz Bs. .. . 98 98 98
69 Est RR France 7s 84 83 % 83 %
4 Tnd M B Fnld 7s. 96 05 % 90
33 Kruop Fried L 7s 91% 91 91
1 M B Denmark Hs 90 % 99% 99 V*
3MB Chile 0% s w i 97% 97% 97%
5 P Canta Fe 7s wi 90% 90% 90%
15 Russ G 6% s n c. 13 13 13
1 Siem A Hal Is '2B 90% 90% 90%
3 Siem A Hal 7s '35 95 94 % 95
3 Swiss Govt 5%5. 102% 102% 102',
12 Toho El Pow C7s 90% 90% 00%
Sales in STANDARD OIL ISSUES,
units.
300 Anglo Am Oil . . 22 22 22
600 Atl Lobos 3 % 3 % 3 %
20 Buckeye PL... 61 HI 61
120 Chesebr Mfg pfdlll% 111 111%
12855Contin Oil new.. 20% 25% 25%
20 Eureka PL ... 73 73 73
125 Gal Sig Oil .... 55 54% 5? 1
20 Gal S O pfd old 107% 107% 107%
5200 Humbld Oil A R 07% 65% 60%
180 111 P L 137% 137% 137 <
1800 Imp O Can new 32% 32% 32%
10 Ind P L 70 % 70 % 70 >
2500 Inter Pet C Ltd 25% 25% 25%
100 Magnolia Pet . . 140 140 140
1000 Ohio Oil 08% 68 08
100 Penn Mex Fuel . 26 26 26
3200 Prai O A G new 58% 58 58%
310 Prairie PL .... 126 Vi 125% 125%
10 Solar Resin 224 224 224
110 South Penn Oil . 171 171 171
14100 S O Ind 66% 05 05%
400 S O Kansas ... 35 *4 35 35
Washington Stock Exchange
SALES.
Washington Gas 6s—sl,ooo at 100%.
SSOO at 100%.
Washington Gas 6s '33—5300 at 102%.
S2OO at 102%. SIOO at 102%.
Capital Traction Co.—lo at 100%. 10
at 100%.
Washington Gas Light—3 at 63. 9 at 63.
10 at 63.
Washington Rwy. A Elec. com.—lo at
103 %.
Washington Rwy. A Elec. pfd.—s at
83%.
Riggs National Bank—2 at 353. 1 at 363.
"Lanston Monotype—2o at 85. 10 at 86.
Mergenthaler Linotype—4_at 178%.
National Mtge. A Invest, pfd.—loo at
9%. 100 at 9%.
AFTER CALL.
Anacostia A Potomac R. R. 55—52,000
at 91%.
Washington Rwy. A Elec. 45—53,000 at .
79 Vs .
Washington Rwy. A Elec. g. A r. 6s —
$2,000 at 102 % .
Washington Gas 6a '33—5600 at 103%.
SI.OOO at 103%.
Mergenthaler Linotype—s at 178*4.
UNLISTED DEPT.
Chapin-Saeks 8% pfd.—l7 at 98.
Money—Call loans. 5 and 6 per cent.
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY.
Bid. Asked.
Amer. Tel. A Telga. 4g 97%
Amer. Tel. A Telga. 4%» 90
Am. Tel. ATel. ctl. tr. 05.... 101%
Am. Tel. A Tel. conv. os.. . . 134%
Anacostia A Potomac 55.... 91%
Ana. A Potomac guar. 55.... 91%
C. A P. Telephone 5s 100
C. AP. Telephone of Va. 65.. 98
Capital Traction R. R. 55.. . . 98% 98%
City A Suburban 5s 84%
Georgetown Gas lßt 6s 95 96
Potomac Elec. Ist 6s 100
Potomac Elec. cons. 5s 100 100%
Potomac Elec. 6s 1953 100
Pot. El. Pow. g. m. A ref. 7s. 107% 107%
Wash.. Alex. A Mt. Ver. 55.. 12
Wash.. Alex. A Mt. V. ctfs.. . 10
Wash.. Balt. A Annap. 55.. . . 60
Washington Gas 5s 100 101
Washington Gas 0s 16.'i% 103%
Wash. Rwy. A Elec. 4s 79% 80
Wash. Rwy. A Elec. gen. 65.. 102% 102%
MISCELLANEOUS.
Pot. Joint Stock Ld. Bk. 55.. 101 % 103%
Riggs Realty 5s (long) 99 100
Riggs Realty 5s (short) 98
Southern Bidg. 6%s 101 .....
Wash. Mkt. Cold Storage os.. 93
Wardman Park Hotel 0s 102 '
STOCKS.
PUBLIC UTILITY.
Am. Tel. A Telga *140%
Capital Traction 100 100',
Washington Gas 02% 03
N A W Steamboat 245 258
Wash. Rwy. A Elec. com ... 103 104%
Wash Rwy A Elec pfd 83% 84
Terminal Taxi Com 00
NATIONAL BANK
National Capital 205 1
Columbia 300
Commercial 176 177
District 193
Farmers A Mechanics 240
Federal-American 253
Liberty 188 192
Lincoln 200
National Metropolitan 310
Riggs 351 354
Second i oft .....
National Bank of Washington 225
TRUST COMPANY.
American Security A Trust.. *331 340
Continental Trust 87 88
Merchants’ Bank... 134 137
National Saving A Trust 450
Union Trust *lB4
Wash. Loan A Trust 403 420
SAVINGS BANK.
Commerce Savings 250
East Washington 25
Security Sav. A Com 325 400
Seventh Street 190
United States.. . 360
Washington Mechanics 43
FIRE INSURANCE.
American 225
Corcoran
Firemen's
National Union lo ....
TITLE INSURANCE.
Columbia Title 8 9
Real Estate 145 156
MISCELLANEOUS.
D. C, Paper pfd 57
Merchants' Trans. A Storage 110
Mergenthaler Linotype 177% 178*.
Nat). Mortg A Invest, pfd.. 9% 9%
Old Dutch Market com 1 Vi 4
Old Dutch Market pfd 3Vj 0 %
l.anston Monotype 85 80%
Security Storage 300 .....
Washington Market 61 54
Yellow Cab 23
•Ex-dividend.
THE EVENING STAR. WASHINGTON, D. C„ FRIDAY. JULY 3. 1925.
Involved should settle same without
delay.
The general market was naturally
disturbed for a time and there were
heavy dealings in particular stocks
“under the r jle." Included among
these were Freed-Eisemann, Nlzer
Corporation and others that had been
prominent in recent sessions.
Motion picture stocks were prime
favorites under leadership of Pathe
Exchange class A, which shot forward
spectacularly to a new high. The re
port that merger negotiations were
pending between Nizer Corporation,
Kelvinator and another prominent
manufacturer of household machines
caused heavy trading in the first two
stocks.
900 8 O Kentucky .. 124% 124 124%
1700 8O N Y 44% 43% 43%
20 S O Ohio 348 348 348
1300 Vacuum Oil 90 88% 89
Sales INDEPENDENT OIL STOCKS,
in hdrds.
4Am Cont Oilfields 0% 6% 6%
00 Am Maracaibo C 10% 10% I** •
2 Argo Oil 0% 0% 0%
18 Carib Synd .... 4 % 4 4
252 Cit Serv new .. 38** 38% 38 %
1 Cit Serv pfd ... 82% 82% 82
1 Cit Serv- pf B. .. 19% 10% 10’
18 Columbian Synd. 2% 2 2%
11 Creole Synd 11% 11% 11%
2 Crown Cent Pete. 10% 10% 10%
1 Derby O A R pfd 20 20 20
9 Euclid Oil Co.. . . 1% 1% 1%
31 Gibson Oil cor... 2% 2% 2%
0 Gulf Oil of Pa... 77% 77 77%
95 Lago Pet 6% 4% 5%
20 M array Oil .... 11 1
2 Mex Panueo 80 .80 .80
11 Mount Prod .... 22% 21% 22
1 Mount Gulf .... 1 % 1 % 1 %
0 New Bradford O 5 % 6 % 5 %
12 New Mex Land. 8% 8 8%
3 Peer Oil Corn... 1 % 11 %
4 Red Bank Oil. . . 30 % 34 % 34 %
35 Reiter-Foster Oil. 30% 28% 28%
20 Royal Can O A R .75 .70 .75
1 Ryan Con 5 5 5
2 Salt Ck Cons... 7Vi 7% 7Vi
18 Salt Ck Prod... 27% 27% 27%
12 Sun Oil 41% 41 41%
12 Tide W Oil n wi 35 34% 34%
2 Venezuelan Pet. 4% 4% 4%
2 Wilcox O A G n 29% 29% 29%
2 Adlrond Pow . . 85 84 84
2 W ooilley Pet... 6% 0% 5%
INDUSTRIALS.
2 Allied Pack new 7% 7% 7%
1 Allied Pk pr pfd 51 51 61
14 Am Gas A E1... 79 70’, 70%
lAm Gas A F,I of 90’* 90 % 90%
lAm Hawaiian SS 10 10 10
4 Am L A Trao. . 171 169% 109%
34 Am Pow A L n 02% 60% 01%
%Am Pow AL pf 92 % 92 92 %
2Am Supe#ow A 35 « 35% 35%
20 Am Superpow B 30% 30% 36%
lAm Thread Cps 3 % 3 % 3 %
05 Armour C B vtc 14% 14% 14%
3 Armour A Co pfd 90 88 88
1 Armour Leather 4 % 4 % 4 %
20 Asso G A E... 34 % 34 % 34 %
1 Atlantic Fruit . . .85 .85 .85
14 Belding Bros wl 39 % 39 % 39 %
1 B Schwartz C A 17 17 17
1 Boissonnault GC .00 .HO .00
4 Bord A C new... 84 82 82
3 Bord A Co 85... 82 79 82
1 Botany Cons M.. 23 23 23
1 Botany Con MA. 44% 44% 44%
2% Bucyrus Co 144 14.1% 143%
2 Buff Gen El C.. . 07 67 07
20 Can G Ale nw wi 49% 49% 49%
0 Car Light 4 3 % 3 %
% Carolina PAL.. 397% 396 397
1 Celluloid Co 22 22 Vi
4 Centrif Pip Cor.. 15% 16 15
6 % Chapin Sac A C.. 45 44 44
13 Chatterton A Son 33% 32% 33%
12 Chic Nip A 38% 37 38
2 Chic Nin B T t.. 10% 10 10%
1 Commonw Ed... 139 139 139
6% Commonw P C. . 104% 160% IHOV4
1 Commonw P C pf 84 84 84
16 Commonw PC n 41 40% 40%
100 Commonw PC wt 78 78 78
37 Cons Gas Balt n. 44 % 44 44
9 Cont Baking A . 141% 140% 141
461 Cont Baking 8.. 37% 30% 37
5 Cont Baking pf.. 101 100% 101
31 Cuba Co 48% 47% 47%
11 Curtiss Aero Mot 20 19% 19%
1 Curtisg Aero pf.. 77% 77% 77%
12 De Forest Ra vtc 27% 27 27,
2 Doehier Die Cast 10% 10% 10%
15% Dubilier CAR. . 18% 18% 18%
2 Dunbill Inti 1... 25% 25% 25%
10 Durant Motor... 12 V, 12 12
1 Duz Co A 22 % 22 % 22 %
% Eiec Auto Lite. . 70 69 70
% Elec Bd A Sh pf 100 100 100
53 Elec BA 9 n cor 71 69% 69%
21 Elec Invest Inc.. 69% 69 69
6 Eureka, Vacuum. 62% 62 52
S Fam Play n wi.. 102 102 102
1 F A W 5-10-25 S 00 00 00
% Ford Motor Can. 500 497 497
10 Fox A 52 61% 62
60 Frank H H Ms C 34 31% 34
% Fra H H M C pf 90 88 90
10 V* Freed Elsem R C 12% 12 12%
7 Freshman Chas.. 17 16% 10%
22 % Gabriel Sn Ms A 27% 27% 27 >-•
1) Garod Cor * 6 6 % 5 s
1% Gen Gas A E! . . 180 179% 179%
1 % Ge G A E con pf 180 173 173
2 Gen G A E pf A 147 142 147
1 % Gen G A E pf B 135 133 135
4 Gen Outd Ad C A 46% 46 45’
0 G Outd A C vtc 22 21% 22
81 Gillette 5R.... 80 78%
18 Goodyear Tire T 33 % 32 % 32 V
16 Grennan Bak .. 19% 18% 10’
2 Grimes R AC R 20 V, 20 20
IHa El new rc wi 19% 19% 19’
3 Hall Swit ASC 4% 4% 4%
1 Hall Sw A S C pf 24 24 24
14 Happiness CSt A 9 8% 9
5 Happiness CSt F 8% 8 % 8 %
3 Hazeltine Cor .. 21 20% 21
6 Heyden Chem . . 2 2 2
1 Horn A Hardart 49% 49% 49’
6 Inti Conti Rub.. 12% 12 12%
31 Inti Conor Ind C 13% 12% 13%
20 Inti Match C pfd 48% 47% 48
2 Inti Util A.... 36 30 36
5 Inti Util B 9 % 8 % 8 %
9 Jones Radio ... 4 % 4 4
32 Kelvinator C. . . 43 40% 41%
19 Leh Pow see vtc 149% 146% 148%
% Lehigh Val Goal. .84 84 84
21 Leh Val C N C. 41 39% 40%
6% Libbey Ok Glass 201 % 200200%
o Lib A Ch Stores 7% 7% 7%
1 Marc Wire Tel C 7% 7% 7%
2 MeC R A M vtc 22% 22% 22%
1 MoCrory Sirs war 56 56 65
2 MeCrorr St new 93 92 93
4 % Mengel Box . . 00 % 64 % 65 %
36% Mid West Util.. 99 91% 92
% Mid W Util pfd. 97 97 97
% Mid W U pr lien 102% 102 102%
1% Miller Rub .... 105 100 105
3 Motion Pic Cap C 10 18% 18%
1 Motion Pic C pf 25 25 25
6 Music Master C. 17% 17% 17%
1 Nat Grocer .... 6 6 6
1% Nat Pow A Lt. . 330 334 334
1 Nat Tea Co. . . . 370 375 370
11 Nat Pub Ser A. . 20% 20 26
5 Nat Pub Ser B. . 18% 18% 18%
2 Nick PI nw wi. 80 86 86
2 Nick Pnwpf wi 84% 83% 84%
17 Nizer oCrp A. . . 52% 31 32
122 Nizer Corn B wi 48% 46% 47%
12 North O Pow C. 101% 97% 101
1 % Nor States P C. . 118 116% 116%
% Nor States PC pf 99 98 99
2 Nor St P C wts. 22 21 % 21%
12 Omnibus Ctr cfs 14 12% 12%
64 Pathe Ex Inc A 84 % 81% 83 V.
2 Penn Water Pow 152 160 150
67 Power Corn N Y 78% 76% 77%
6 Pratt A Lambert 43% 42% 43%
7 Purity Bak A\* . 40 46% 46
1 Purity Bak B .. 40% 40% 40%
% Reid Ice Cream.. 38 38 38
3 Rem Noisel TCA. 42% 42 42
16 Her, Mot 19% 19% 19%
13 Rosen mGr C Df. 46% 30 36
1 Eova Radio .... 4% 4% 4%
4 Sii G P new vtc. 18% 18% 18%
32 Serv El Corp A.. 19% 18% 19
6 Sleep Rad vtc.... 10 0% 0%
ISo Gas Pow A.. 23% 23% 23%
32 Southeast PAL... 101 08 100
2% South Calif E... 119% 118% 110
% Sou Cal Ed B pf 03% 93% 03%
% Southw Bell pfd 110% 110% 110%
25 St. Reg Pap ... 74% 73 74%
3 Stand Pub C A 20 20 20
3 Stutz Mot 8 % 8 % 8 %
17 Swift Inti 27% 27 27
% Swift A Co 110% 110% 110%
1 Tenn E P cf dp 00% 66%. 06%
1 Thermiod Rad C 12 12 12
14 Thom RC v tcf 10% 0% 10
3 Timken Axle . . 0 % 9 9
3 Tob Prod Export 3 % 3 % 3 %
1 Tower Mfg ... 0% 0% 0%
1 Tub Art Silk etc 165 105 105
20 Union Carbide.. 60% 05% 06%
21 Uni G A E new 48% 47% 47%
380 Uni LAP A rt wi 7% 5% 7%
17 Uni Prof Shar. . 8% 8% 8%
10 Util P A L C A 28% 27% 27%
2 Univer Pic C... 31% 31% 31%
1% Vic Talk Mach.. 70 08% 08%
2 Ware Radio .... 16% 16 16%
3 Warner Bros P A 16% 16% 10%
1 Wes Pc RR nw wi 20 20 20
3WPRRnwpf wi 70 75% 75%
lOWest Pnw 01% 59 60 %
% West Pow pfd. 94% 94% 04%
21 Wil A C new wi 15 14% 16
•: Wi AC A new A 29 % 28 % 28 %
4Wi A C new pwi 71 70% 71
6 Yel Taxi C K Y 13 11 13
MINING
30 Ariz Globe C . . .20 .25 .26
27 Canario Cop ... 6 % 6 % 5 %
3 Chino Ext Mines .06 .60 .60
1 Cons Cop M . . .. 2 % 2 % 2 %
1 Cresson Gold . 3% 3% 31
7 Eng G M Ltd I 55 % 64 % 55
20 Fortuna Mines. .00 .06 .06
20 Hasbrouck Div. .02 .02 .02
10 Hawthorne M I .16 .15 .15
1 Jerome V Devel 11
30 Kay Copper Cor. i!U 2% 2%
3 Kerr Lake 1% 12, 1%
10 Knox Divide ... .01 .01 .01
10 National Tin . . .08 08 .08
6 New Mont Mine 40% 40% 40%
1% N J Zinc 185% 185 185
12 Ohio Cop 80 .78 .78
40 Parmac P- M Ltd .37 .34 .37
10 Premier Gold M 2% 3% 2%
10 So Am Gold AP 2% 2% 2%
B 0 Spearhead Gold. .07 .07 .07
5 Tono Ext 1 % 1 % 1 %
0 Tono Mining.... 3% 3% 3%
1 Unity Gold 86 .85 .85
1 Utah Apex 5-% 5% 5%
61 Wenden Copper.. 4% 3% 4%
1 Yak Alas tr cfs.. 15% 15% 15%
10 Yukon Gold 35 .36 .36
Your Banker Knows.
"When in doubt about a security
consult your banker. It is equally as
much his interest as yours to protect
your savings. You trust him with
your deposits—why not trust him with
your investment problems?
NEW OLDS MOTOR HEAD.
NEW YORK, July 3 (A*). —l. J.
Reuter, general manager of Olds Mo
tor Works, has succeeded A. B. C.
Hardy as president of the company.
Mr. Hardy recently resigned.
BALTIMORE RECEIVES
2,940,202,000 BANANAS
Special Dispatch to The Star.
BALTIMORE, July 3. —Since Janu
ary approximately 2,940,202,000 ban
anas have been brought to Baltimore,
shipping men estimate.
The number of bunches was 1,470,-
101, with an average of between 180
to 200 bananas to a bunch.
BIG COALSTtE
IS HELD UNLIKELY
Fear of Electric Power and
Greater Use of Oil Are Re
straining Factors.
BY J. C. ROYLE.
Special Dispatch to The Star.
NEW YORK. July 3.—Despite the
loudly raised voices and vigorous
gestures of both operators and miners
there Is very little probability of a
Nation-wide coal strike. If there
should be a suspension of work In
the anthracite fields. It would be
short. That is the way fuel men,
both on the producing and consuming
sides, size up the coal situation today.
They base their opinions on the new
trends In business which have re
duced the chances of a strike to a
minimum through economic pressure.
Coal I/ess Important.
In the last two years there have
been tremendous gains In the use of
oil fuels, in the development of hydro
electric power, which has replaced
coal-burning units, in the utilization
of gas and the processing of coal.
Diesel engines and other Internal
combustion motors have gained a
strong position, not only in marine
engineering, but even for railroad
locomotive use. Combination gasoline
and electric drive is being tried out
on r half dozen railroads where
steam engines formerly were used.
Neither operators nor miners can
afford to take action which would
tend to turn over to these competing
factors a large portion of their
markets.
Business Poor Just Now.
Dealers and large consumers here
point out that if the United Mine
Workers should call a strike in union
ized mines they would simply be do
ing a favor to the non-unionized pro
ducers, whom they are especially anx
ious to drive from the field. Few of
the operators of union mines would
object to a close-down, since they are
not making appreciable profits. Many
of the mine workers in consequence,
curred the attacks of President Lewis
of the Mine Workers in consequence,
as is shown by the controversy be
tween union leaders and the Consoli
dated Coal Co., of which John D.
Rockefeller is a shareholder.
Anxious to Hold Markets.
If there should be long suspension
in the anthracite field, the markets
for anthracite not only w„uld be in
vaded by the oil distributors but by
the bituminous producers, and what
was lost probably would not. be re
gained for years, if at all. The opera
tors naturally do not want to see
their markets get away from them
and neither do the miners, since a
smaller demand means smaller pro
duction, fewer men at work and fewer
union dues collected. A long strike
undoubtedly would hurt the anthra
cite industry in all its parts, and
union leaders, it is believed, will think
long before they deal any sort of
blow to the only part of the coal in
dustry which is prosperous.
Both Sides* Must Yield.
The union delegates from the an
thracite fields have voted on what
they will demand of the operators.
The operators already have decided
on what they will demand of the
miners and will meet in the next day
or so to make the decision officiai.
These demands represent what each
side hopes, or would like to get. They
do not necessarily represent what
they are willing to accept. Neither
side has left out anything, the idea
being to yield a point here to gain
one elsewhere.
They have loaded the guns for the
opening of the battle over the wage
agreement, but those guns have been
aimed high on purpose.
Even if there is a suspension
September 1, there will be stocks of
anthracite sufficient for demands well
into the Fall. It is claimed by the
operators that they have now reserve
stocks of 12,000,000 tons. Consump
tion during July and August should
be light and production may rise to
around 7,500,000 tons a month up to
September 1.
< Copyrirht. 1925.)
VICTOR DIVIDEND
WILL BE OMITTED
Talking Machine Firm Needs
Funds to Carry Out Special
Improvements.
By the Associated Press.
CAMDEN, N. J., July 3.—Stock
holders of the Victor Talking Machine
Co., today received notice from the
board of directors that the dividend
customarily due July 15 would be
omitted. The company had been pay
ing $8 a share annually. The letter
said:
"Importent improvements in the
product wh'ch your company manu
factures will take place within the
next few months and will require con
siderable outlays of funds. Therefore,
pursuant to the policy of the com
pany, your directors deem it desirable
to conserve the cash resources to
finance the company’s needs and de
velopments.”
The letter added that arrangements
had been completed whereby the com
pany will have the co-operation in the
field of acoustics and sound reproduc
tion of the Western Electric Co., the
General Electric Co., Westinghouse
Electric and Manufacturing Co. and
the Radio Corporation of America.
BOSTON STOCK MARKET.
BOSTON, July 3 —Following is a
list of today's highest, lowest and clos
ing prices for the most active stocks
dealt in here:
Hirh. Low. Close.
Amoskeaer 71 71 71
Arizona com 11 11 11
Boston & Me - 18 18 18
Calumet 4 Hecla 14 13% 14
Conner J T 23 *4 23 <23
Copper Range 20'. 20 20
East Butte. 3% 3% 3%
Edison Elec 21215 211 211
Gillette 80 % 78 % 78 %
Hardv Coal 17 17 17
Hood Rubber 56 % 54 % 66
Island Creek 132 131 131%
Isle Roylc 12 12 12
Libby McN 4 McN.. . . 7% 7% 7H
Mass Gas 73% 73 73%
Mohawk 30 30 30
Nat Leather 4% 4 A 4 A
New Cornelia 10% 10 Va 18 V,
New Eng T 4 T 110% 110% 110 V,
Pacific Mills 58 V, 58% 68%
Quincy 23% 23% 23%
Swift 4 Co 110 100% 110
TorrinrUm 64 54 54
United Fruit 218 216 218
United Shoe M 41% 41% 41%
Uni Shoe M old 28 28 28
Ventura Oil 22% 22% 22%
Walworth 17% 17% 17%
Warren Bros 40% 48 49
Some girls’ idea of a flatterer is a
man who is always saying nice things
•bout other girls.
FARMERS TO GET .
FAIR CROPRETURNS
Will Come Out Better Than in
Most Years Since 1919,
Reports Indicate.
Good financial prospects for farmers
this year are seen by the United
States Department of Agriculture,
which says in Hs July report on the
agricultural situation that “given
strengthening live stock markets and
fair feed crops, plus fair returns from
wheat and cotton, farmers would come
out of 1925 better than they have in
most of the years since 1919.”
"Taken as a whole, the main crops
promise fairly well except in the case
of Winter wheat. The present nice
balance in both live stock and crop
production is a tribute to the readjust
ments made by American farmers
since the Fall of 1921.”
The central fact in the present out
look is that while production will be
ample to meet consumption needs,
agriculture will not he In the market
this Fall with any large surplus of
the major products.
Wheat Crop Short.
“Wheat harvest is in full swing,”
the report continues. “The grain
ripened prematurely over much of the
Western part of the belt, and harvest
is early. Threshings so far have
turned out unsatisfactory yields, but
the grain is of fairly good quality. It
appears evident that the Winter wheat
crop Is decidedly short of last year’s
crop; so much so that the chief con
Jecture throughout the wheat-growing
world is how the shrinkage in this
country will balance up against better
crops abroad. The .Spring wheat
region from Minnesota to Montana
has high hopes in spite of some local
floods in the East and minor setbacks
elsewhere.
Corn and Hog Outlook Good.
“The outlook in the corn belt is ap
parently good. Hogs are relatively
high priced and may go higher. The |
pig survey shows a decline of 11 per i
cent in the number of Spring pigs, j
compared witli last year. Corn prices ;
are not so high as to prohibit feeding,
and everything points to a profitable
feeding season ahead. It is from con
ditions like this year, when price
ratios furnish a stimulus to feeding,
that the corn belt can usually hope
for some degree of prosperity.”
The department's price index of 30
farm products is placed at 147 for
June, compared with 146 in May. the
five-year period, 1909-1914, being used
as a base of 100. Present tendencies
in the general business situation point
to little change in prices of non
agricultural commodities, and conse
quently no marked change in the pur
chasing power of farm products need
be expected at present.
CUSTOMS RECEIPTS GAIN
IN YEAR AT BALTIMORE
Special Dispatch to The Star.
BALTIMORE. July 3.—Customs re
celpts at Baltimore for the fiscal year
ended June 30, show an increase of
$307,017 over the receipts for the
previous year, according to C. H.
Holtzman, collector of customs. In ,
the year just closed $14,139,961.69 I
was collected.
The greatest increase in receipts in 1
any one month was recorded in Sep- ;
tember, which showed an excess of ;
$481,940.09 over the receipts in Sep ,
tember, 1923.
HEADS TIRE COMPANY.
NEW YORK, July 3 </P).—S. Woll
ner, jr.. has been elected president of 1
the Kelly-Springfield Tire Co., succeed
ing Arnold L. Scheuer, who resigned.
REAL ESTATE LOANS
£ 1 fi? ANY AMOUNT
S+V/i APARTMENT-HOUSES
- V BUSINESS PROPERTY
RESIDENCE LOANS AT LOW RATES
FRED T. NESBIT
INVESTMENT BLDG. Main 9393
WE FINANCE
—all classes of income-producing property
Large Loans a Specialty
Current int rate and commission.
Higbie & Richardson, Inc.
816 15th St. N.W.
Applications Invited
for mm
13 Real Estate Loans £
"Tj on
Improved Property
Unlimited Fund « Available \
For Refinancing and
Ist & 2nd Trust Loans
3 N. L. SANSRURY CO., INC. □
~ 1418 Eye St. N.W. j
Main 5004 \
Bang!
Just like a firecracker. A flash, a H
crash, and it's all over! Busted! H
How often just this sort of thing: Q
happens to the “gilt-edge" speculative
investment. . _
Some different with our First
Mortgage Loans! They're "bang"-
proof. Absolutely safe and sane.
No one ever lost a penny here—and
they never will! Convenient amounts
from s2s# up, earning per rent.
Chas. D. Sager
924 14th St. Main 36
———Mk*
————————l
SAFETY SUPREME
For jour July maturities and dividends is assured in but
■ one form of investment,
FIRST MORTGAGE NOTES
It is an authenticated fact, as reported by the National
Realtors’ Association, that in the investment of over a Billion
and a Half Dollars in First Mortgages on Real Estate the loss
was but a negligible fraction of one per cent. Where can you
find an investment record to compare with this?
Take no chances with your savings. We have these notes
in any amount from SIOO up. The current rate is 614%.
Consult Our MORTGAGE INVESTMENT Dept.
[Shannon - &• luch^
713-15 14th St. N.W. Main 234 S
ARMOUR EMPLOYES
PAID TO KEEP STOCK
NEW YORK, July 3 (A 3 ).—Armour
& Co. announced today that on July 1
20,000 employes finished making week
ly payments on stock for which they
had subscribed in November, 1923, on
the partial payment pliyi. As an in-1
ducement for employes to hold their
stock after they have acquired posses
sion of it, an employes’ stockholders’
bonus of $2 a share will be paid an
nuallv for five years beginning Janu
ary 1, 1926.
lAPAN’S SILK EXPORTS
LARGEST YET RECORDED
NEW YORK, July 3 L4>).—Raw silk
shipments from Japan for the silk
vear ended June 30 reached 408.700
bales, or 94.700 bales in excess of the
largest shipments previously recorded
In a single year. Os the total ship
ments the L T nlted States took 390,000
bales.
RAILROAD TRANSFERRED
TO ILLINOIS CENTRAL
GULF PORT. MI BB., July 3 (A>).—C. j
11. Markham, president of the Illinois
Central Railroad Company, has been
elected president of the Gulf and Ship
Island Itallroad. A. E. Quist of Chi
cago, another Illinois Central official,
was elected vice president. The di
rectors have completed transference of
the railroad to the Illinois Central
officials.
Money to Loan
Secured bv first deed of trust on real estate
Prevailine interest and commission.
Joseph I. Weller * r SE
♦ WANTED! ♦
SECOND TRUST NOTES
♦ Funds available for the pur
chase of all kinds of second trust
A notes, secured on D. C. or nearby A
* real estate. Prompt action in
every case. A
Washington Investment j
and Transactions Co.
715 14th St. N.W.
Main 3662 ♦
Just Real Good
I nvest merit s
CAFRITZ
6V,i%
First Mortgage Notes
Wp take rare of all minor detail* and
ruaranW* payment of interest and princi
-1 pal. Write for booklet
T. L. O’DONNELL. M*r.
Mortgage Department
REALTORS
14th & K Main 9080
I FEDERAL-AMERICAN ‘
NATIONAL BANK
RESOURCES, $14,000,000
1315 F Street
JOHN POOLE, President
MONEY TO II
LOAN
—on First Mortgages on im
proved property in Washing
ton. Current rates. Prompt
‘service.
{Shannon &• luch^
713 & 715 14th St. N.W.
1
Main 2345
Dean
Onativia
&Co.
Stock Exchange Building
NEW YORK
Stocks & Bonds
Cotton Grain
Coffee Sugar
MEMBERS
New York Stock Exchanre
Chicago Stock Exchange
New York Curb Market Associa
tion
N. Y. Cotton Exchanre
Chicago Board of Trade
N. Y. Produce Exchanre
Minneapolis Chamber of Com
merce
Washington Office
Main Floor, Woodward
Building
Phone Main 2040
JOHN CALLAN O’LAUGHLIN
Manarcr
FINANCIAL'.
HUGE SUMS INVESTED
IN COMMON STOCKS
Preferred Shares and Bonds So
High That Funds Seek
NeW, Channels.
By th« Associated Press
NEW YORK, July 3.—Brokerage
houses report that investors are put
ting huge sums of money Into common
stocks in view of the fact that pre
ferred stocks and bonds are at high
prices and the shelves of bond brokers
are virtually bare In the last month
one firm invested for clients more
than $3,000,000 in common shares of
■various industrial and railroad com
panies.
The financial district takes the view
that the dearth of freight car and
locomotive buying does not indicate
lack of prospertiy. inasmuch as class
one railroads increased their net op
erating income for May more than
$13,000,000 over May last year
. ‘ “ '
Equitable Co-operative Building Assn
| JOHN JOY EDSON. President FRANK P. REESIDE Secy.
Organized 1879 43th YEAR COMPLETED
, Assets $4,943,133.68 Surplus $1,317,011.44
Subscriptions for the 88th Issue of Stock Being Received
SAVE ♦ jr
ystematically I
1 A , WiththeE - iteble shares!
Always bear in mind, it s not what
| ; you earn, but what you save that
| counts. .
So start an account with the *• 1
Equitable and save systematically. , MOXT H If
! | The results will be most gratifying. V- —■ ■ / t
915 F St. N.W. i r
II
i "— ——— —
1 |pi3iaiEJßJfiEisjei®fcJs®aiajc!ja®jaMSia r ai2MS®iEiajsMSie. r a r^jcj'ajMa®ais®fflar sjsjaE^
IT he JSew York Life Insurance Company j
Offers to Make
IB G
First Mortgage Loans
on Improved Real Estate
\ & In the
1E I
District of Columbia and Suburbs
for 3, 5 or 10 Year Periods
Houses Apartment? &
|: iHj Business Properties Office Buildings
5%% !
OX APPROVED SECURITY
(3 Apply H;
I Raxdall H.Hagxer & Compact I
Loam GosmESPOXDENT
jr *A~S32I cPfve'nut, 9709. |j
■ ■ ■■ 1 - - -
11 i
I I
I
APPLICATIONS INVITED
for LOANS on
IMPROVED PROPERTY
Located In tho
District of Columbia and adfacont
Suburbs In Montgomery County. Mi
51%
INTEREST
pply to
H. L. RUST COMPANY
LOAN CORRESPONDENT
PRUDENTIAL INSURANCE
COMPANY of AMERICA
912 15th Stmt N.W. Main 6ftM
i
|
YOUR INTERESTS-AND OURS
|
Our long and intimate con
tact with Washington Real
vL @ MSf®/ Estate developments fits this
organization to render a serv
-1 1 ice really helpful—the more so
q because we regard our patrons’
Quarter
, success.
of a
CeCHtitpy lir • •
We specialize m
Without _. __ - . ,
SAFE 6>/ 2 %
a Loss
FIRST MORTGAGES
B. F. SAUL CO.
Main 2100 925 15th St. N.W. .
15
REFRIGERATING MERGER
INVOLVES $20,000,000
Kelvlnator and Nlzer Among
Manufacturing Concerns
About to Combine.
Special Dispatch to The Star.
NEW YORK. July 3.—Negotiations
are under way between New Tori,
and Detroit banking Interests toward
a $20,000,000 merger of Independent
manufacturers of commercial and
household electrical refrigerating
machines which would Include the
Kelvinator Corporation, Nlzer Cor
poration and another manufacturing
company which sells chiefly through
public utility companies. Net earn
ings of the proposed consolidation
are now about $5,000,000 annually.
Since the first of the year the com
panies involved In the amalgamation
have shown a large increase in earn
ing power. Kelvinator’s net earning?
jumped from $30,000 in January to
about $200,000 in June, and Nizei
showed an increase from $35,000 to
$220,000 in the same period.

Evening star. [volume], July 03, 1925, Page 15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], July 03, 1925, Page 15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972