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Evening star. [volume] (Washington, D.C.) 1854-1972, July 10, 1925, Image 17

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PRICES HOLD FIRM
AT CENTER MARKET
Normal Trading Reported
Today In Beef. Fruits
and Vegetables.
Wholesale prices .at Center .Mar ket
today were very little changed from
yesterday. Trading was norma!. The
fruit and vegetable ma'kets reported
abundant supplies in nearly all lines.
Friitt and Vegetable Review.
Today's market report on fruits and
vegetables icomp' l ''' by th» "’t ket
News Service. Bureau of Agricultural
Economics!. s» v s:
Cantaloupes—Supplies liberal: d<*
, mand moderate, market slightly weak
er. California, Imperial Valiev. Sal
mon Tints, standards. 455, 4.00a4.50:
36*. 3.50a4.00; jumbos. 455, 4.50a5.00,
mostly 4.50: flats. 12s and 14s. best.
1 50a1.75: some ripe-soft low as 1.00;
Arizona. Hearts of Cold, green stand
■ ids, 455, 4.f>0a4.25. pen's. 545. 2.75a
*.O<V
> Peaches—Supplies liheral: demand
moderate, market steady; Ceorgia. 6s.
Hiieys, small size, mostly 2.00: medium
size, mostly 2.25: large size. 2.50a2.75:
bushel baskets. Hiieys. medium size,
good color, 2.50a2.75: 6s. Belles,
medium to large sizes, poor color.
2.25a2.50; 6s. Elbertas. large size.
?.«0a3.25.
Fotafo Market Strong.
. Potatoes—Supplies light: demand
good, market strong: North Carolina
and Virginia. Norfolk section, cloth
top stave barrels, Irish Cobblers. IT. S.,
No. 1, 7.00: some slightly decayed. 6.50.
Tomatoes—Supplies of good stock
light; demand good and market Arm
1 for good stock: Mississippi. 4s. ripes
end turning, wrapped. No. 1. ordinary
duality and condition. I.ooa 1.75: poorer
low as 25: good stock, no sales re
ported.
Watermelons —Supplies limited: de
mand moderate, market slightly
stronger. Sales direct to retailers —
Florida and Georgia. Tom Watsons
and Thurmond Grays. 28 and 30 pound
average. 90al.00; Tom Watsons, 24 and
?6 pound average. 60a65.
String Beans —Homegrown, supplies
liberal and practically supplying the
i market; demand slow, market weak:
few Virginia, Norfo'k section. 5-peck
hampers, green, 50aL00, according to
condition.
Lettuce and Com Cheaper.
Lettuce—Eastern supplies liberal
demand moderate, market weak: New
Verk, 2-doz. crates, Big Boston type,
best, mostly 1,25: poor to ordinary
duality and condition. oOal.OO: Western
supplies limited; demand moderate,
market fairly steady; Washington,
orates. Iceberg type, considerable
ordinary condition. 3.00a4.50, mostlv
, 4.00.
Green Corn —Supplies heavy; de
mand moderate, marker weak: North
Carolina, crates, l.OOal.50: poorer con
siderably lower.
Apples—Supplies liberal; demand
limited, market slightly weaker;
Maryland and Virginia, bushel baskets.
Transparent, large size, mostly 2.00;
small size, 1.26a1.70: various varieties,
small size, 1.00a1.00.
ANOTHER DIVIDEND
FOR POOL INVESTORS
Fntnk M. Young Creditor* to Get
10 Per Cent—About. 4.000
Are Concerned.
thapalch to The St**.
BALTIMORE. .July 1 O.—A dividend
of 10 per cent tor the 4,000 or more
creditors of the Franks M. Young
blind pool, which operated in Balti
more, Washington and Philadelphia.
Is announced by C. Arthur Eby, trus
tee. This will be the third payment,
the other two having been for 5 per
cent each. Mr. Eby explained that
there will be further division of assets
for an amount which he cannot at
present estimate.
The trustee has on hand about
, $200,000 now. most of it obtained by |
suits and compromises growing out of
the successful litigation against i
beneficiaries of the {tool.
Payments of the 10 per cent are ex- j
peeted to begin in August.
• *
FORMER STREET URCHIN
HEADS $36,000,000 FIRM
St*ee , .*l Thspateh to The S'»r.
CHICAGO. .July 10. A Chicago'
street urchin a* 12. who had run!
swa.v from home to avoid paternal'
wrath, today Is rounding into shape
the 136.000,000 combine of the Gen
era 1 Motors Corporation and the Yel-.
low Manufacturing Co. Though now ;
only in the 40s. John Hertz is chair !
man of the board of the new com
pany and president of the largest taxi
company in the world.
He has worked himself without pull
or favor into the highest of finan
cial circles, controlling corporations
valued at far over $100,000,000. How
he, did it. Hertz says, is hv hard work,
by courage and by playing fair with
his employes.
Vour Banker Knows
When in doubt about a security j
consult your banker. It is equally as i
much his interest as yours to protect 1
vour savings. You irust him with
your deposits—why not trust him with '
your investment problems?
NEW GAS TAX IN EFFECT, j
AUGUSTA, Me.. July 10 tSpecial).— |
' The tax on gasoline passed by the
last Legislature will become effective
tomorrow, being increased from 2 to
3 cents a gallon. Two cents of the
tax must be refunded, however, where
gasoline is used on motor boats or on j
farm tractors.
POWER OFFERING COMING, i
NEW YORK. July 10 (/Pi.—Public
offering wifi be made early next week
of 0,000 shares of Southwestern Light
and Power Company, no par value
oumulatlve preferred stock, carrying
annual dividends of $6 a share, which
have been bought by a banking group
headed by Ames. Emerich & Co.
i
EXCHANGE SEAT LOWER.
NEW YORK, July 10 (A s ).—The '
New York Stock Exchange seat of
Herbert H. Knox has been sold for
*120,000 to Charles E. Harwell. $2,000
under the recent record transaction.
«
BACK DIVIDEND VOTED.
NEW YORK. July 10 (/P).—Back j
dividends on the preferred stock of!
Holly Sugar Co. were reduced to S7O j
with a dividend of $1.75 in addition j
to the regular quarterly disbursement I
of $1.75. Both are payable August 1. j
BUTTER HIGHER TODAY.
CHICAGO. July 10 <A>\— Butter. j
higher, receipts. 13.236 tubs; creamery
extras, 42; standards. 42; extra firsts. I
40a41; firsts. 3Siia39; seconds. 36a37 ! ?. I
Kggs, unchanged, receipts. 1*,?87 I
, caees.
FINANCIAL.
NEW YORK CURB MARKET
Received by Private Wire Direct te The Star OSca
BV WILLIAM F. HEFFERNAN.
NEW YORK. July 10.—The specu
lative element operating in the curb
market was disposed to even up ac
counts today and this resulted In
heavy offerings under which prices
finally gave waV.
American Rayon Products, in which
trading was suspended several days
ago. was reinstated today. It. had
1 closed previous to the. suspension at
: 47. It opened today at 43 and the
i Price movement resumed a natural
j tendency. It was stated at the time
j that trading was temporarily abandon-
I NEW YORK. July 10. Following
: is an official list of bonds and stocks
| traded in on the New York Curb
Market today:
I sales in Ro\'p«
! thousands Hixk. l/t™ Close.
« Allied Pack 0* 80'* 80% 80 %
\ 13 Allied Park 8s 01 1, pit, »1 %
j 36 Am Gas A E) 0s 98% 08*, 98'%
*A*n 7 * 112 S 112% 112%
to Am Pow A El 6, 07*, 07 % 97';
t 3/ Am PA L6s new 07% 07' 07
3Am Sum Tub 7%» 93% 03 % 03 %
1 Am Ron Mills 0,102% 102% 102%
4 Anaronda 0, , 103 *» 103 % 103‘,
2 Amo r. 4 E 6f 05% 06% 05%
!4As,o Sim H fi%» 00 80 00
50 Atl G&W ISSii 72’, 71 71 %
1 Atl F 8s Tnc .. . 20% 20% 20%
10 Beaverbnard Ss 05 04 % 95
2 Reaver Prod 7% s iO7 % 107% 107 %
1 Bell T fan 5s A 00% 00% 00%
2 Beth Steel 7s ’36 103% 103% 103%
1 fan Nat Rv 75.. 112% 112% 112%
3 fen Par Ry 5, WJ 08% 08% 08
2 Cities bprvtre 7* C 123 123 123
16 Cities Service 7 s D 101 % tots; 101%
12 Cities Service sis . OJ % 01 01 %
30 Cities Ser P 4 1 0* 04 03*, 04
2 Cons Gas Bat 0s A 106% 106% 106%
6 Cuba foofN .1 6s 04 % 04 % 04 %
5 Cudahy 5%s .. 02 02 v 02
2 Deere tr Co 7% 8 103% 103% 103%
1 Pet City Gas 6s . 105% 105', 1 <>.*>%
6 Detrott Edison 6s 124 124 124
2 Dunlop T it R 7s 106 105 105
1 Fed Sue rts 33 06 96 06
llGajr. Robt 7s .101% 101% 101%
1 Gulf O Cons 5a 100 100 JOO
20 Hers Choc 5%s wi 08% OS', 08 %
30 Keys Tof Ph 5%s 01 00 % Oi
5 Lehifh Pow 6s. It", 10’, 10',
4 Libby MrN A L7s 103% 103% 103%
20 Nat Dstl Pro 7s. 100’, 100 100
0 N Or Pub Ser ss. 02 % 02 % 02 %
1 Nor State, P 6',, 103% 103% ig3%
43 Nor SP.M6’,sCII4% lit 114%
1 Ohio Pow 5s B . 94% 04’, 94%
sOr la G A E 5s . 03% 93% 03%
4 Penn P A L 5s 52 98’I 98 08
2PPAI, 6* D '53 OS'« 98 % 98 %
5 Phila Rap Tr 6s. . 58% 58% 58%
5 Pure Oil Co o%s. 101% 101% 101%
14 Stand G A E 6%5138 137 % 137%
12 Stand M for 5%s 95% 05% 05%
I 20 Sun Oil 5 %s. .. 09% 99% 99%
! 34 Swift ACo 55... 06% 06% 06%
45 Thy seen LA-SI. 7 s 94% 04% 94%
I 2 Tidal Osage 7 s 104% 104% 104%
I 3 Tyrol Ht El 7s. 96% 96% 96%
*Pn Oil Calif 55.. 95% 95% 05%
2 tin R of Hav 7%s 112 112 112
! 3IT S Rub 6% s '26 101% 101% 101%
1 7TT S Rub 6% s '27 101% 101% 101%
; 4C S Ruh 6%s 30 100% 100% 100%
I 7IT S Rub 6%s '3l 100% 100 100%
I 0 ITS Rub 6% a '32 100% 100’; 100%
7 U S Rub 6%s '33 09% 09% 99’,
i 6IT s Rub 6%s 34 09% 09% 90%
BIT 8 Rub 6% s '35 90% 00 90
OIT S Rub 6% s '36 00% 09 00
2IT S Rub B%s '37 09% 09 09%
2lt S Rub 6%s '3B 99% 09 99%
2it s Rub 6% s .39 99% 09 99%
6TJ S Rub 6% s 40 00% OS*, 00%
5 Vacuum Oil 7s. . 105% 105*, 105%
. 4 Valvorine Oil 7s. 104% 104% 104%
FOREIGN BONDS
5 Alpme Mont S 7s 01 91 91
1 Cit Berlin 6%s wi 80% 89% 80%
13 City of Graz Bs. 08 08 08
10 Est R R France 7» 84 83% 84
1 French Nat 7s. 81 % 8) % 81 %
30 til Mtg Bk Ft” 7s 96% 06 06%
1 Italian Pow 6%s 00% 90% 00%
2 Kmt Neth 6s o 4 107 107 107
> 1 Mtc Bk Den 6s. . 90 00 OP
I 6M B Chile 6%s wi 97% 97% 97 %
.1 Prov Santa re 7s 96’, 96% 96%
j ft Pv L'p Austria 7 s 02% 02% 92%
1 Russ Gv 6%s nct 11 % 11 % 11 %
7 Siemens-Ha’ 7s 28 05 % 05 05 %
6 Siemens-Hat 7s 36 05 04 05
6 SolvaT Co 6s 34 B 105 105 1 05
- 79 Toho Elec 7a ... . 00 % 00 % 90 %
Sales in STANDARD OIL ISSUES'
units.
200 Ansrlo Am Oil . 22 % 21 % _ ’ /»
10 Buckeye P T, . . 60 60 60
100 Chesebro Mfx 64 64 64
700 Contin Oil n»w 25% 26% 25%
20 Cumberland P L 145 145 145
40 Eureka PL.. 74 % 7.3 74 %
100 Gal Sic Oil .... 55 r>s 5o
10 Gal S O pfd new- 102 102 102
3100 Hum Oil A R 68’, 67% 67%
800 Imp O Can new. 32% 32% 32%
6000 lute Pet C Ltd 25% 25 26%
140 Magnolia Pet . 146 145 146
300 Nat Transit .... 21 % 21 % 21 %
50 N Y Transit . 56 % 56 66 %
600 Penn Mex Fuel. 27 26 27
1300 Prai O A G nes 50% 58% 50
670 Prairie PL... 126% 124% 126
60 South Penn Oil.. 172 17J 172
97 00 S O Indiana ... 66% 66% 66’* ,
300 S O Kansas 36 % ,36 % 35 %
500 S O Kentucky 124% 124% 124%
11(10 SONY. 44 43% 43 %
20 S O Ohio 352 352 352
LO “■ O Ohio pfd . 120 120 120
10 Swan A Finch. 16% 16% 16%
Seles INDEPENDENT OIL STOCKS,
in hdrd*
20 Am Cent Oilfields 7 % 7 % 7 %
58 Am Maracaibo C JO*, 10% lov„
2 Ark Nat Gas 6% 6% 6%
7 Argo OH 5 % 5 % 5 %
20 Cit Serv new 38% 38% 38%
1 Cit Serv ofd .. . 83 83 83
1 Cit Serv pfd B 7 % 7 % 7 %
15 Columbian Synd . 2 2 2
17 Creole Synd 11 10% 10%
2 Crown Cent Pete. 0% 0% 0%
1 Derby O A R pf 18 18 18
6 Euclid Oil Co.. 1% 1% 1%
30 Gibson Oil Cor... 2% 2% 2%
Washington Stock Exchange
SALES.
Washington Gas ss—s6oo at 100%.
*1 000 at 100%
Washington Gas 6s 3.3—51,000 at 103%.
SSOO at 103%.
Capital Traction Co.—to at 100. 10 at
100. I at 100. 10 at 100
Washington Gas Light—lo at 62.
AFTER CALL.
G<*orK<?town Gas o»—SI.000 at 00.
Washington Gat ’33—*300 »t 10\*S
W&abingrton Gas Lig’ht—s at «*>. .3 at
ft*: V . 6 as «'?.
Wash. Rwy. £ Btee ofd —JO at 84
American Q *curit-.? and Trust t’o. —lO at
34 0.
f>*n6»on Monotype--.! at B.Y
f: NLTSTED DF.PA RTMENT.
Chipio-Sack* 8 *'* ofd.—Jo at 08%.
Money—Call loans. 6 and 6 Dei cent.
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY
Bid. Aaked.
American Tel. A Telga. 4s . . 07%
American Tel. A Telga. 4% a. 96%
Am. Tel. A Tel. ctl. tr fts. .. 101%
Am. Tel. A Tel. conv. 6s 134}* .. ..
Anacosti* A Potomac 6s ... . 01 % 9.3
Ana. A Potomac guar. os. . 01 % 03
C. A P. Telephone ss.w 100 ....
(• AP. Telephone of Va. 6a.. 08
Canita! Traction R. R. 55.. . 08%
City and Suburban 6a 84 85
Georgetown Gas Ist 6s . . . 05%
Potomac Elec. Ist 6s ; 100 ......
Potomac EleG. cone. r*» tun 1.00 j a
Potomac Elec. 6s 1963 . . . ... 106 • • • •
Pot El. Pow. g. m. A ref. ,s 10/% 10J%
Wash.. Alex. A Mi. Ver. 6a.. 12
Wash.. Alex. A- Mt. V. etfs.. 0
Wash . Balt. A Annap. os 66
Washington Gas 5s 100 lOJ
Washington Gas 6s 103% 103%
Wash. Rw.v. A Elec, t, 79 % 70%
Wash. Rwy A Elec. gen. 65.. 102% 102%
MISCELLANEOUS.
Pot .loint Stock Land Bk. 5s 101 % 103%
Riggs Realty 6s (long’ 90 100
Riggs Realty 5s I short! 08
Southern Bldg 6%s 10]
Wash. Mkt. Cold Storage os.. 0.3
Wardman Park Hotel 6s. .. 102
STOCKS.
PUBLIC UTILITY
American Tel A Telga *liL’ ** I
Capital Traction JOO 100% j
Washington Gas 01 % 8~ % i
Norfolk A Wash. Steamboat. 245 250
Wash. Rwy. A Elec, com 104% 106%
Wash. Rwv. A Elec, pfd 83% 84%
Terminal Taxi com 90
NATIONAL BANK.
National Capital 205
Columbia . 300 .....
Commercial * 1
Farmers £ Mechanics 240
Federal • A mencan 264 .
Liberty 1»0 102
Lincoln . 300
Metropolitan 300 .....
Riggs *gr 36*
Second ••••••
Natl. Bank of Washmrton,. . 226
TRUST COMPANY.
fmertcan Security A Trust.. 336 342
Continental Trust 86% 88
Merchants Bank 1.33 136% !
National Savings and Trtiat. . 460
Union Trust *lOl
Wash. Loan A Trust 412 416
SAVINGS BANK.
Commerce Savings 240
East Washington 26
Security Sav. A Com . . 326 400
Seventh Street.. 100
United States 300
Washington Mechanics 43
FIRE INSURANCE
American ,
Corcoran in
Firemen s 32 .....
National Union 14
TITLE INSURANCE.
Columbia Title 8
Real Estate Title 146 165 < i
MISCELLANEOUS.
D C. Paper nfd 57
Merchant* Trans A Storage 110
Mergenthaler
Natl. Mtge. A Invent, pfd. . . 0% 0%
Old Dutch Market com 1 % 4
Old Dutch Market pfd 3% 6%
Lansten Monotype 81% 85
Security Storage 300
Washington Market 51 66
Teilnw Cab 2*
•Ex dividend.
THE EVENING STAB, WASHINGTON, U. 0.. FRIDAY, JULY 10. 1925.
i e<j. thßt such action was taken for the
benefit of shareholders following the
announcement of the failure of a
brokerage house said to be long of
the stock. Alpha Portland Cement au
thorized common stock of SIOO par
value also was admitted and opened
up at 139. advancing to 140.
Golden Center Mines, which was ad
mitted Thursday and was the most ac
tive of Us group, was again bought
at its top prices around 6% as against
the initial figure of 5%. The same in
terests tiack of Engineers Gold are
said to hold control of this company.
16 Gulf Oil of Pa . 76% 75% 70
1 Kirby Pet 3% .7% 3%
60 Lago Pet 6% 4% 5 %
3 Livingston Pel.. . I % 1 % 1 %
4 Margay Oil 00 .09 .90
6 Mex Panuoo ... 1 A l % I %
21 Mount Prod ... 21 % 21 % 21 %
1 % Nat Fuel Gas . . 110 116 116
4 New Bradford O. s*, 6% s s ,
1 New Mex Land . 8% 8% 8%
1 Ohio Fuel COrp. 32% 32% .32%
12 Pennok Oil Corn 26 % 74 % 24 %
6 Reiter-Foster Oil. 77 76% 76%
10 Royal Can OAR .70 .70 .70
1 Sait Ck Cons... 7% 7% 7%
1.3 Salt Ck Prod . 27% 27% 27%
1 tO Shrev Eldo Pip L IS’, 16 16
13 Sun Oil 41 % 41% 41%
I Venezuelan Pet 4 4 4
1 Wilcox OAG new 20 20 70
2 Y" Oil . .05 .05 .06
INDUSTRIALS.
6 Adnond Pow. . 87 86 % 87
1 Adirond P 7* pf 102% 102 102
6Am Gas A EL. 78% 78 78
2% Am L A Trac . 170 168 170
% Am L A Trac pf 103% 10.3% 103%
17 Am Pow A L new 62 61 % 61 %
2’ i Am Pow A L pf 06 03% 05
I! Am Rayon Prod 43% 42% 43%
It Am Superpow A 38% 38% 38%
62 Am Superpow B 40% .39% 40
6Am Super pf pf 26 26 26
7 Am Thread C pf 3% 3%
2 Ariz Pow A Lt 30% 30 30%
7 Arm AC B vtc. 14% 14', 14%
66 Assn G A E ... 40% .39 % 40%
% Alpha Port! Cem 140 1.30 140
66 Beiding Bros wi. .30 % 30 30 %
1 Boissonnault G C .76 .76 .76
3 Bridgeport. Mach 9% 9 % 9*,
2 Brit-Am Tob mu. 26% 26 26%
17 Brooklyn Cit RR 8% 8 S 8»,
6 Buff Gen Elec. . . 76 72 75
% Can DGA A ctfdA 190 190 190
% Can DGA B otfd B 100 190 190
18 Can Gin Ale n wi 49 47 47
4f ar Light .3% 3 3%
% Carolina P A 1... 390 390 390
4 Centrif Pipe Corn 16% 16 16%
11 Chapin Sacks Co 46% 46 46
13 Chatterton A Son 34% 34 34%
l Chi Nip A. ..... .38% 38% 38%
1 Chi NIP B T't.. . 16% 16% 16 %
2 Cleve Auto 2,3 23 23
6% Commonwlth P C 167 .165 16,
i Commonw PC pf 84 % 84 % 8$ %
07 Com P c new wi 42 40% 41%
20 Cons G Balt new 44% 43% 43%
SCont Bak A 142 140 142
432 Continent Bak B. .38% 36% 3<%
8 Conti Bak pfd... 103% 102% 103
1 Conti Tob Inc... 17% 17% I<%
lOuha Co 47 46% 46%
7 Curtiss Aero M . 10 10 10
1 Curt Aero M pfd. 78 78 78
17 D For R C vtc.. . 27% 26% 26%
1% DL A W Coal . 120 127% 120
3 Doehler Die C C 15% 15% 15%
10 Dubilier C A R 17% 17% 17%
2 Dunhill Inti I 26 26% 26%
46 Durant Mot ... 16% 14 14
1 Dili Co A. .. 22% 22% 22%
3% Elec Auto Lite 70 67% 70
% E) Bd A Sh pfd 105% 106% 105%
7EI B A Sh nco 70 % 60 % 60 %
30 El Invest Inc... 60% 60% 60%
1 F A W G Strg. 67 67 67
9 Film Inspec M 6 4’* 5%
17 Fox A 56% 55% 56
68 Frank H H Ms C 42 37 % 41 %
2 Freshman Chas . 12’, 12’, 12%
16 Gabriel Sn Mfg A 28 27% 27%
.3 Garod Corn . 5 6 5
.3 Garod Corp rtg. . 30 .26 .30
I % Gen Gas A El . . 70S % 206 207
% Ge G A E con pf 200 205 200
1 % Gen G A E vfd A 146 146 146
2 Gen G A E pfd B 135 134 134
4 G Outd ACv t c 23 22 % 22 %
12 Gillette SR... 79% 78% 78*,
2 Glen AWen Coal 128 127% 128
46 Goodyear Tire T. 33% .32% 32%
2 Gould Con A 20% 20% 20%
J Grennan Bak . . 10% 10% 10%
4 Hall Swit A SC, 4 % 4 % 4 %
20 Happiness CSt A 8 % 8 8
1 Heynen Chen? 1 % 1 % 1 %
6 Horn A Hardart. 67 55% 65%
2 Hunt Bros wi A 26 26 26
6 Int Conti Rub... 14 13% 13%
1 Int! Conor Ind . . 12*. 12 % 12 %
Ift Inti Match pf. . . 50% 40% 49%
1 Int Utilities A. . 35 36 36
2 Int Utilities B . 9 9 0
1 Jones Radio.... .3 % .3 3
15Kelvinator 39% 30 % 39%
1 Keystone Solether .50 .50 .50
1 Kiener Wins St. . 21 % 21 % 21 %
% Kraft Cheese . . 84 % 84 % 84 %
2 Landover Hdg A 18% 18% 18%
6 Lehigh P sec vtc 145% 144 145
10 Lehigh VCNCex-d 48% 37% 37%
% Libbv Owens Gla IP9 I»R% 1984,
. 2 Lib MrN A L n 7% 7% 7%
1 4 Liberty RaChS 7% 7% 7%
6 Marconi Wire Tei 7 % 7 % 7 %
1 McCrory Strs nw 93 93 93
3 Merge’ Box 65 63% 63%
8% Mid Wes’ Util . . 93 92% 02%
% Mid W Util nfd 06% 06% 96’,.
% Mid W U P’ : In 102% 102% 102%
3 Miller Rubber .172 166 172
6 Motion Pic Can C 18% !8% 18%
5 Municinal Serv . 12% 12% 12%
6 Music Master C. 16% 16% 16%
7 % Nat Pow A Lt .342 330 .339
% Nat Pow A Lt of 101 101 lot
20 Nat Pub Ser A. 26 24% 26%
26 Nat Pub Ser B 18 »« 18% 18 %
% N Y Tel Co pfd 117% 112 112
4 Nick Pi new wi . 86 86 86
2 Nick Pnw pf wi 84 % 84 % 84 %
2 Nizer Corp A. . . 52 51 % 61 %
20 Nizer B wi 46% 46% 46%
18 North O Pow C. 10% 0% 9%
% Nor States PC. 110 118% 110
1 % Nor Sta P C pfd 100 100 100
3 Nor Sta P C war 21% 20% 20%
3 Omni Cv t c .. 14% 14 14 U
lOPathe Ex Inc A. 87% 86% 85%
1 Penn Wat Po Co 147% 147% 147%
68 Pow Cor NY.. 70 % 77 % 70
1 Pratt A Lam C . 43 % 43 % 43 %
1 Purity Bak A 40 % 46 % 46 %
1 Pyrene Mfg ... 10% 10% 10%
24 Reo Mot 20% 20 20%
2 Rova Radio . 4% 4 % 4 %
1 Sil G P now vtc 1S % 18 % 18 %
1 Singer Mfg Ltd. 8% 8% 8%
78 Serv El Cor A 18 % 17 % 17 %
4 Sleep Ra vIC. . 12 »i !I <Z I >
2SO Ga, APo A 74 23 % 24
18 Southeast P A 1.112 109 100
2% Sou Cal E .119% IIP lip
11 St Reg Paper 77% 75% 76%
2 Stand Mot 4 % 4 % 4 %
% Stand Tex B D»d 40 30% 40
1 Stand Pub C a. 70S. 20’, "OS
4 Stutz Mot . .. SV * 8
% Swift A C 0... . 110% 110*. 110%
1 Thcmp R 0 vtc 8% 8% 8%
2 Timken Axle .9 9 9
4 Tower Mfg ... 10 8% 10
J - rill G A E new. 4P 47% 48
! Un G A Im C rts 3’, .3% 3%
.34 Un Lt A P A. 113% 111 112%
37 Uni LA P Arts 8 % 7 % 8
3 Uni Pft Shar . . 8% 8% 8%
.3 Uni Pft Shar 8% 8% 8%
10 Util P AL C A 28% 28% 28%
2 Univer Pic C. 31 30% 31
lUSLt AHt pfd 2 % 2 % 2 %
2 U S Rub Reel 6 % 6 5
2 Ware Radio .... 16 16 15
6 Warner Bros P A 16% 16% 16%
148 West Pow 70% 66% 67%
IWh R M Spr new 41 % 41% 41%
4 Wils A C new wi 15% 15% 16%
1 Wils A C A n wt 28% 28% 28%
I Wils A C n pf wi 71 71 71
1 Yel Taxi C NY 10% 10% 10%
MINING.
30 Ariz Globe C. . .26 .26 .26
10 Butte A
22 Canario Copper. 6% 6 6%
10 Chino Ext Minos .40 40 .40
20 Cortez Silver . . .07 .07 .07
3 Cresson Gold . 3 3 3
42 Eng G M Ltd I 80 80 86
20 Eureka Croesus .10 .10 .10
50 First Thot G M .30 .36 ,3P
110 Forty Nir.4 M . .25 .26 26
312 Golden Cent Min 6% 6% 6%
1 Hecla Mine .. 13% 13% 13%
lO.lerome V Devel 111
146 Kay Copper Corp 2*, 2% 7%
lOW Sil Syn Ltd .10 .10 .10
70 National Tin . . . .00 .08 .00
12 Newmont Mining 46% 46 46%
l Nipissing 4 % 4 % 4 %
11 Ohio Cop 87 .83 .87
20 Parmac P M Ltd .37 .34 .37
30 Plymouth Ld M .20 .10 .20
1 Premier Gold M 2 % 2 % 2 %
10 Spearhead Gold . .07 .07 .07
6 Tono Ext HI 1% 1%
7 Uni Verde Ext. 24 % 24 24
10TT s Conti 00 .OR .09
1 Unity Gold 86 .86 .86
23 Wenden Cop .... 4% 4% 4%
,a _—_
BOSTON STOCK MARKET.
BOSTON. July 10.—Following is a
liar of today's highest, lowest and clos
ing prices for the most active stocks
dealt in here:
High. Low. Ctoge,
Amoskeag -72 71 71
Arizona Com 12% 12% 12%
Boston A Maine 10% 19% 19%
Calumet A Hecla 16% 16 16
Conner, .1 T 23% 23% 23%
Copper Range .22 21 % 21 %
Eaat Butte 4% 4% 4%
Edison Electric 2J 1 211 211
Gillette 70% 78% 79%
Hardy Coal 17 16% 17
Hood Rubber 66 66 66
Island Creek 137%* 1.36% 136%
Island Creek pf 97 97 97
Tale Royale 13% 13 13
Maine Central 28 28 28
Mass Gas 94 73% 73%
Mayflower 6 C 1% 1% 1%
Mohawk 32 30% 30%
New Cornelia 20** 20% 20%
New Eng TAT 11l 110% 111
Quincy 26 24 24
Swift Inter 27 27 27
Torrington 58% 66 68
United Shoe M 41 % 41 % 41 %
Utah Apex 5% 6% 6%
Utah Metal 60 55 66
Ventura Oil 22 % 22 % 22 %
Walworth 17% 17% 17%
Warren Bros .38% 48% 48%
Winone 20 18 18
MONEY RATES HIGHER.
NEW YORK. July 10 (/s>).—Call
money firmer; high, low, 3%;
ruling rate, 3%; closing bid, 4b*; of
fered at 4 s - 4 ;/last loan. 4t*: call loans
against acceptances, 3%: time loans
firmer, mixed collateral. 80 to 90 days.
3\a4: 4 to * month*. 4a4s|; prime
commercial pa per , 3\a 4.
HUGE M CROP
IS NOW FORECAST
_ f
Smaller Potato and Apple
Yields Likely—Fruit Will
Be About Normal.
By the Associated Frees.
Indications of an enormous corn
crop, probably the largest ever grown,
slight improvement in prospects for
wheat, prediction of the smallest po
tato production since 19!9 and unfa
vorable fruit forecasts were set forth
In the July crop report issued late
■yesterday bv the Oeparimem of Agri
culture.
With a higher condition than the
10-year average and an acreage 1.3
per cent larger than last year, cord
production was forecast at 3,035,000.-
000 bushels, or 650,000,000 bushels
more than last year. Among the
causes listed for the large Increase
were the high price of corn and a
tendency to increase feed crops for
live stock.
Wheal Is Improving.
Wheat prospects Increased 19,000,000
bushels during June, a forecast of
680,000.000 bushels now being mai%
season. Winter wheat lost
I 3.000.000 bushels during the month,
hut Spring wheat prospects increased
22.000.000 bushels
Production of wheat In 1J countries
or the Northern Hemisphere, in
cluding the United States, which pro
. duce normally 69 per cent of the
| Northern Hemisphere crop and 52 per
cent of the world crop outside Russia
and China, was estimated, on the
basis of latest advices to the depart
ment. a* 1.568,000,000 bushels, or 124.-
000,000 bushels less than last year.
Potato Outlook Very Poor.
Indicated production of potatoes
was 350.000,000 bushels, which would
be 105,000,000 less than the large crop
of last year. A great reduction In
Bcneage. which is the lowest since
1907, was attributed to losses suffered
by producers as a result of the heavy
production a. year ago.
The season has been unfavorable
for fruit production throughout most
of the country, except on the Pacific
Coast. vThe gain In peaches, pears
and grapes over last year in that
region, however, has been sufficient
to offset the decrease in the rest of
the country, and nearly sufficient to
do so in the case of commercial apples.
The total apple crop was forecast at
167,000.009 bushels or 22,000,000 l»s«
than last year.
Big Tobacco Yield Seen.
Production of barley, rice, sweet
potatoes, tobacco and peanuts promised
to be larger than last year, hut smaller
crops of oats, rye, flaxseed and hay
were indicated.
Sugar beet acreage was placed at
776.000 acres, and the condition of
the crop 79.7 per cent of the normal,
with the forecast of production 6,195.-
000 tons, compared with 7,513,000 last
year.
UNFILLED TONNAGE
AGAIN SHOWS SLUMP
Fourth Successive Decline Noted
Today—Steel Stock Hold*
Very Firm.
By ih* Associated Prees
NEW YORK. July l». -I'nOlled
orders of the United States Steel
Corporation on June .30. made public
today, totaled 3.710.458 tons, a de
crease of 339.342 tons, compared with
the end of the preceding month.
This was the fourth successive de
crease In tonnage and brought the
unfilled order at the end of the month
to the lowest level since last October,
w hen the total was 3,525,270. .
The reduction was larger than ex
pected, the general average of Wall
street estimates being about 3,000,000
tons. The publication of the report
had little immediate effect on the stock
which ruled around USH.
-
SHORT-TERM SECURITIES.
• Ouotatioas turmsbed by Redmond A Co.i
, Noon .
Bid. Offer.
Adnon P. A l.t. Co. 0s 1920 102% 103%
Alum. Co. of Amei. 7» 1933 107% 107%
AmeriiJin Beet Sura'- 6» 10.36 10] % loi *.
Am. Tel. A Tel. Co. 4s 1920 97% 97%
Anaconda Copper r 8 1029 . 103% 10.3%
Associated Oil 6s 1036 102’* 103
Baltimore A Ohio 6s 1929 103% 103%
Bethlehem Steel 5s 1936., 92% 93 ’
Central of Georgia 0s 1920 103% 103%
Chi.. Mil A St. Paul 6s 19.34 103% 103%
Chi., R. I. A Pac. 6%s 1926 101 10! A
City of Lyons 6s 19.34 84 84%
Col. Gas A Elec. Ist 6s 1027 100% 100%
Continental G. AE. 5s 1027 100% 100%
Du Pont 7%» 1931 106A 106%
Erie R. R. Co. 6s 1926 .. . 100% 100%
Federated Metals 7s 10.39 . too *IOO%
Goodyear T. AR. 8s 1931. 100% 100%
Great Northern 7a 1036 ... 110% 110%
Gulf Oil Co Pa. 6%s 1928. 101% 102%
Hock. Va). R. R. Co. 5s 1926 100A 100%
Humble Oil 5%s 1932 101 % 102%
Leh. Pow. Sec. Co. 6s 1927. 101 % 101%
M.. St. P. A S.S. M. 6%» 1931 102% 10.3
Morris A Co. 7%s 1930. . . 102% 102%
New York Central 6s 1935 . 108% 108%
Oregon Short Line 4s 1020.. 97% 07%
Penna. R. R. 7s 1030 108 108%
Sincl. Cr. Oil Pur. C. 0s 1928 100% 10)
Swift A Co. 6s 1032 00% 06%
Tidewater Oil 6%s 1031 . 102% 10.3
Union Par. RR. Co. 4s 1927 09% 90%
Union Tank Car 7s 1030. . 102% 103%
U. S. Rubber 7%s 1030. . . 107 107%
Western Union 6%s 10.36 . . 111% 111%
Westinghouse EAM ?s 1931 106% 107%
TREASURY CERTIFICATES.
'Quotations furnished by Redmond A Co. 1
Close.
Bid Offer.
2% s Sept. 15 1026 90 20-32 00 31-32
.3s Der 16. 1026... 90 15-16 100
4%s Dec. 16 1925 100 716 100 17-32
4% s March 16. 1026. 100% 10031-32
3s June 15. 1026. 90 15-16 100
4%« Sept 16 1920 100% 100-31-32
4% s March 15. 1027 101% 10131-32
4% s Dec. 15. 1927... 101 20 32 102
NATIONAL BISCUIT S NET.
NEW YORK. July 10 f/P)._Net
profit of the Natipnal Biscuit Co. for
the first half of 1925 increased to
$6,612,695 from $6,574,532 in the same
period last year. The earnings are
equal, after preferred dividends, to
$2.80 a share on the common stock,
against $2.78 a year ago.
• ' e
PARIS MARKET FIRM.
PARIS. July 10 (I^).—Prices were
firm on the bourse today? 3 per cent
rentes. 42 francs 56 centimes; ex
change on London, 103 francs 60 cen
times; 5 per cent loan. 53 francs 65
centimes. The dollar was quoted at
21 francs 32 centimes. The bourse
will remain closed until Wednesday.
July 15.
-—: • ■—.—
HUPP SALES IMPROVE.
NEW YORK. July 10 </s>!. Sales
of the Hupp Motor Car Corporation
touched a new level in July. The
month, however, was the second
largest in the number of cars manu
factured. June shipments exceeded
those of May by 61 per cent and of
June la&t year by 92 per cent.
"BRITISH TRADE PICKS UP.
NEW YORK. July 10 OP).—im
provement in British trade in the
last year is reflected in total re
sources of Barclay’s, limited, of Lon
don, which amounted to $1.668,849,-
860 on June 30, 1926. compared with
$1,614,364,118 a year ago. Current
deposits and other accounts increased
116,245,822.
Price of Rubber
Takes Another
Sharp V pswing
i
By tbs Associated Press.
NEW YORK. July 10—Crude
rubber prices took another up
ward swing today when spot
ribbed sheets sold at $1 a pound,
the highest since 1916, when $1.07
was paid. The jump reflected
further advances in London.
Sales of future deliveries ranged
from 91 to SStj cents.
EVERYMAN’S
INVESTMENTS
BY GEORGE T. HUGHES.
Watch for Rond C»U*.
The business of investment is one
that demands constant, vigilance to
insure success. 'Fake as a minor il
lustration the matter of called bond*.
When a corporation decides to avail
itself of the privilege in certain cases
reserved of retiring a bond issue at
the agreed-upon price prior to ma
turity thereof the only way holders
of coupon bonds as distinguished f%„Ti
registered bonds can he notified is ».v
an advertisement in the newspapers.
If the holder does not see the ad
vertisement and has no financial ad
visor' to keep Turn informed on such
matters he is likely to lose six months’
-sHfi**" l * ■!. at %—**.
An instance of this kind recently
is that of the Northwestern Bell Tele
phone Co., which called for redemp
tion at 107 ! i on February first of this
tear its entire issue of first mortgage
7 per cent bonds. Ar this writing over
$1,500,1100 of these bonds have not
been presented for redemption, not
withstanding every effort on the part
of the company to get in touch with
the bondholders. Os course, in the
case of registered bonds the holder
is notified by mail, but there
is no way of keeping a record of the
owners of coupon bonds.
<'onsequently, on August Ist next,
when the holders of these unredeemed
bonds present, their coupons at the
hank for collection, they will learn
too late that there is no money to
pay the coupons because the bonds
have been called. They will receive
the face value, but they will have lost
interest on their money for half a
year. This is not a serious matter,
but pretty sure to arouse resentment,
although resentment is unjustified.
iCoo.vffxht. 1925.1
CRUDE OIL PRICES
ARE AGAIN ADVANCED
By *h» Sssnciated P-sss
NEW YORK. July 10.- Prices of
midcontinent crude nil were advanced
today by Prairie Oil, followed by the
Sinclair Oil Purchasing Co., which
establishes seventeen gradings with
a spread of 8 cents a barrel between
each point of gravity. Previously
there were six gradings. The new
price for 44 gravity crude and above
is $2.68 a barrel, an increase of 33
rents over the previous top price for
42 gravity.
The minimum price now 1s $1.40
a barrel for 28 to 28.9 gravity.
WESTERN MARYLAND
STOCK MORE ACTIVE
Specia’ Dispatch to The star
BALTIMORE. July 10. - Western
Maryland Railway common and sec
ond preferred stocks again have be
come active in connection with the
buying which has reappeared in the
low-priced rails. Its possible purchase
by lairee-Harriman in*eres's. in con
nectlon with a project for a fifth trunk
line, has been the subjert of the latest
gossip in financial circles.
Recent buying in Western Maryland
Issues has been coincident with accu
mulation of Wabash and Wheeling
and Lake Erie, also accredited to ill.
Loree's consolidation plan.
GRAIN AND PROVISIONS.
BALTIMORE, Md., July 10 tSpecial).
—New potatoes, barrel. 1.75a5.00; culls.
1.00a1.25: asparagus, dozen, 1.25a3.60:
beans, bushel, 60a1.25: beets. 100, 2.00a
3.00; cabbage, 100, 5.00a8.00; carrots.
100. 3.00a5.00: corn, dozen, 10a30: cel
ery, crate, 4.50a7.00: cucumbers, ham
per. 40a50: eggplants, orate, 2.00a3.50;
lettuce, bushel. SOal.OO: lima beans,
bushel. 3.00a3.73: peas, bushel. 2.25a
3.00: peppers, bushel. 2.00a2.50; onions,
bushel. 2.00a'.’.50: radishes. 100. I.ooa
2.00: squash, basket. 16a25: romaioes.
crate. 1.25a2.75.
Apples, barrel. 1.50a4.00: bushei. 50a
1.25: pineapples. crate. 2.00a4.50:
peaches, bushel. 1.50a2.50: cherries,
basket. 56a65; cantaloupes, crates, 1.50
a4.50: blackberries, quart. ’Oalo; huck
elberries. quart. 15a20: raspberries,
pint, 8 a 12; quart. 15a20; watermelons,
each. 35a75.
Selling* Prices at Noon.
Wheat—No. 2 red Winter, spot. old.
domestic, no quotations; No. 2 red
Winter. garlicky, domestic. spot,
i I.4l}£> No. 3 red Winter, no quota
tions. *
Salesl—Bag lots of new at wharf at
1.26, 1.28, 1.30. 1.32, 1.33. 1.34. 1.35
and 1.37. Cargoes on grade. No. 2
red Winter, garlicky, at 1.41; No. 3.
1.37; No. 4, 1.33; No. 5. 1.30.
Corn —Cobb, new. yellow, spot. 6.25
and 6.50 nominal, per barrel; track,
yellow. No. 2. 1.24 and 1.25.
Sales, none.
Oats—No. ,2. 58; No. 3. 56.
Rye—Nearby, new. l.OOal.10; No. 2
rye. spot, no quotation.
Hay—Receipts, 16 ton*. There is
a comparative scarcity on spot of the
better grades of old timothy and on
old choice light, clover mixed hay and
the market on such types is firm.
Low grades of mixed and poor clover
hay are draggy and hard to move, at
irregular values.
Quotations today—No. 2 timothy,
18.50al9.00; No. 3 timothy, 16.00a17.50;
No. 1 light clover mixed, 17.00a17.50;
No. 1 clover mixed, 16.50a17.00; No. 2
clover mixed, 14.00a15.00.
Straw —No. 1 wheat, 12.50a13.00 pet
ton; No. 1 oat. 12.00al3.00; No. 1
straight, rye. 18.00a18.50.
POSTUM PROFITS JUMP.
NEW YORK, July 10 (*>>.—rostum
Cereal earned $5.40 a share in the
first, half of 1925, compared with $3.76
a share in the same period of 1924.
Net profits jumped to $2,260,172 from
$1,680,692.
FLOUR BIT CHEAPER.
MINNEAPOLIS, July 10 t>P).—Flour
unchanged to 20 lower at 8.30a8.40 a
barrel. Shipments, 45.441 barrel*.
Bran, 23.00a24.00.
TODAY'S METAL PRICES.
NEW YORK. July 10 Copper
steady; electrolytic spot and futures,
asked. Tin easy: spot and near
by, 57.50; futures, 57.26. Iron steady;
prices unchanged. Lead steady: spot,
8.90a8.30.. Zinc steady: East St. laiuis
spot and futures, 7.17. Antimonv spot,
19.00.
NEW YORK DAIRY PRICES.
NEW YORK. July 10 <*>).—Butter,
firm: receipts, 14.304 tubs. Eggs, ir
regular; receipts. 19.288 cases. Nearby
hennery whites closely selected extras,
45a48; nearby and nearby Western
hennery whites, firsts to average ex
tras. 37a44: Pacific Coast whites, flrets
to extra firsts, 39\a43.
NEW ERA FORECAST'
IN HOME MOVIES
Film World Watching Latest
Development in Equipment
and Sales Methods.
BY A. C. ROYI-K.
Special Dispatch th The Star.
NEW YORK. July 10. The movies
have just begun a new invasion of
the American home, and give every
promise of capturing it. That is. if
first day’s sales are a criterion. The
motion picture <-amei> and projector
just put on the market here undoubt
edly- has instilled a new element into
the movies. Wiih this equipment it
In possible for any household both to
make and exhibit its own motion pic
tures at a comparatively low cost.
.Movies Simple to Make.
The manufacturers claim i.hai all
that is necessary is to slip a film
magazine into the loading chamber,
camera and turn the crank,
while the projector works on a home
electric light current and the film is
non-inflammable. The films are de
veloped free of charge at the labo
ratories and return on an exhibition
reel free of cost within a days.
In addition to the pictures taken by
the purchaser, the company proposes
to put into circulation a full library
of films, including humorous produc
tions education films, sport features
and topical news reels. Taken in con
junction with a radio receiver, it is
possible to give a performance in a
living room approximating similar
features presented in the morion pic
ture theaters.
Home Life Pictured.
The makers and distributors of the
equipment declare it possesses a wide
appeal to every class of buyers. They
point out that it makes possible a
permanent record of family happen
ings and of child advancement. The
widespread desire of girls and boys
and young men and young •women to
“get into the movies’’ can now be
gratified without leaving home for
Hollywood. Wouid-be screen stars can
determine without the. danger of pub
lic disappointment whether they can
register despair when the eye of the
camera is on them or whether They
can do so only when they see their
own efforts reproduced.
May Increase Patrons.
Golfers already are becoming en
thusiastic over the possibility of tak
ing pictures of their own movements
which they can study at leisure in an
effort to correct mistakes. This
method has just been adopted by the
Prince of Wales.
Neither motion picture producers
nor theater managers expect this new
factor in the industry to affect them
disastrously. They believe the interest
aroused will bring new patrons rather
than draw away their audiences.
EARNINGS ARE BETER.
NEW YORK. July 10 OP).—Net in
come of 11,060.240 reported by the
American International Corporation
for the first half of 1925 is equal
to $2.12 a share on the combined pre
ferred and common stocks. The sec
ond quarter's net income was equal
to $1.27 a share against 85 cents in
the first quarter.
REPORT OF CONDITION
Os the
UNITED STATES
SAVINGS BANK.
At Washington. >n the Distrirt of Columbia
at the clow of business on June 30. ]P2S.
RESOURCES
1 a l.oan* and discount*, in
eluding rediscounts, sc
'•eptances of other bank*
and foreign bil)« of e\
charge or drafts, sold
with indorsemeDt of this
bank SI .097.4 13.97
2. Overdrafts; ttrurt d.
*362.68: unsecured
*770.17 1.141.76
5. Other bonds, stocks, securi-
Get, etc 002.308.56
« Banking house. *76.000:
furniture and fixtures.
*8.782.07 83.782.07
10 Cash in vault and amount
due from national banks 178.282.84
11. Amount due from State
banks, hankers and trust
companies in the United
States fother than in
cluded in item 101 .... 30.127.06
12. Exchanges for clearing
house 21 089.00
Total of iteme. 10. ]] and
12 *229.408.00
Total 52.014T44 64
I.IABILITIE*.
17. Capital stock paid in . *100.000.00
1* Surplus fund 130 000.00
JP. a Undivided prof
fits *37 127.81
b Reserve 12,739 12
4P.860.93
“3. Amount due to national
banks 2.243.96
24. Amount due to State
banks, bankers and trust
companies in the Uniten
States and foreign four
countries (other than in
cluded in item 231 .... 7.874.06
26 certified checks outstanding 1,783.26
26. Cashier’s checks outstanding 11 475.21
Total of items 23. 24. 26
and 26 *23.377.21
Demand deposits i other
than bank deposits i sub
ject to reserve (deposits
payable within 30 days I
27. Individual deposits subiect
to check 649.243.27
31. Dividends unpaid 7.531.00
32. Other demand deposits. 75.10
Total of demand de
posits (other than bank
deposits), subiect to re
serve. Items 27. 31 and
32 *666.839.37
Time deposits subject to ve
serve I payable after 30
days or subject, to 30
days or more notice and
postal savings) :
33. Certificates of deposit (oth
er than for money bor
rowed! 47.394.90
36 Other time deposit# . .. . 1.436 666 07
Total of time deposits
subject to reserve. Items
33 and
36 *1.484.060 97
41, Bills payahle (including
all obligations represent
ing money borrowed oth
er than rediscounts'. . 150.00f1.00
Tots! 52.814.144 64
District of Columbia
I. WM. R. de LASHMUTT. cashier of the
above-named bank, do solemnly swear that
the above statement is true to the best of
my knowledge and belief.
WM. R. de LASHMUTT. Cashier.
Subscribed and sworn to before me
this Bth day of July. 1026.
(Seal.) Thomas e petty.
Notary Public.
Correst—Attest :
WADE H. COOPER.
WM. D. BARRY.
WU.BUR H. ZEPP
WM R DE LASHMUTT.
W. E. G. PENNY.
R. L. TAYLOR.
WM. F. DAVIS.
R A. DORE.
JOHN J. SHEEHY
CHAS. A. GOLDSMITH
OSCAR BAUM.
Directors.
TO THE POLICYHOLDERS OF
THE PRUDENTIAL
INSURANCE COMPANY OF AMERICA
NOTICE is Hereby given that a meeting of
the poucyholders of TEE PRUDENTIAL
INSURANCE COMPANY OF AMERICA
will be held at the Home Office of said Com
pany in the City of Newnrk, New Jersey, ee
Monday, the Seventh day of December. 1*96. at
tweive o'clock noon, for the purpose of enlees
ing four pet suns to be voted tor by the policy
holders' Trustee as member* of the Board of
Director* at the annual election of Dirdetor*
of rha Company to be held on the Eleveath day
of January, 1926.
At aurh meeting every poheyboJder of the
corporation who i* of th* age of twenty-one
\ sar* or apward* and whoee poiier has bean in
force for at least on# year last past shall be
entitled to oast oae vote in person or by proxy.
EDWARD D. DUFFBSLD, Prmidnt.
I MONEY TO LOAN
ON IMPROVED REAL ESTATE
IN THE DISTRICT OF
! COLUMBIA AT
I Current Rate es Interest
FLOYD E. DAVIS COMPANY
j 733 12th Street Northwest
ji 361 7th Street fSnathweot
I Male 388
FINANCIAL.
REPORT OF THE CONDITION
Os the
DEPARTMENTAL !
BANK.
4t Washington in the District of Colum
bia at the '-lo*e of business on June noth
1926
1. a Loans and discount*, in
eluding rediscounts. ac
'•eptances of other ban Us
and foreign hill* of e*
change or draft*, sold
with indorsement of this
bank *550.608.35 ,
2. Oveidraits. unsecured 20*..24
4. U. 3. Government securi
ties owned:
b All other United .States
Government securities tin- _ .
eluding premiums! .... on \£ 1
6 Other bond*, stocks, eecur) . i
tie*, etc 037 oO
6 Banking house. $111.148 84
furniture and fixtures
97.309.98 119.14**2
10. Cash in vault and amount
due from nation* 1 banks. 7i. 71 I.3*>
Total of Item
10 *77.111.30
14. b Miscellaneous cash items 663.69
Total *717 040.32
LIABILITIES.
17. Capita: stock paio :n *lO3 9'-0.00
15. Surplus fund 24.611.34
19 a Undivided
Diofits *42.389 53
c f. e s s current
expenses paid.. 78.343.27
—— 14.046.20
26 Certified checks outstandin* _ .51??
7*. Cashiers checks outstsndins <.114.66
Total of Items
75 snd 76 *7.136.15
Demand deposits (other than
bank deposits I subject to
reserve i deposits payable
within 30 davs i :
7V. Individual deposits subject .
to check 122.' Ih.l o
28. Certificates of deposit due
le - thin 30 davs iotb
iTYi. for h*> r
rowed i 1.126.00 <
31 Dividends unpa'd 7Hh.o(i
32. Other d*mand deposits doO.iJO
Total of demand deposes ■*
lotner than bank de .
posits I subject to reserve a
Items 27. 28r —'l ana
32 512L033 1O
T’ne deposit® to re
< r*ayahl*“ after *lO
da▼§ or iuVjcot to 30 day®
or morf notice and poua
»*vmri)
33. Certiorates wf deposit »otb
or than for money ho^
rowed» »P. 00» 06
3ft. Other time depo§»r§ 4np «0‘: *9
T.Mat o' time depot! t«
■ubject to ’.eaerve. Item®
33 and 36. . *427.*09.96
41. Bill® pa.rable » including ar
obligaM on® repreaentmr
money borrowed othe r
than rediscount a» . 83.000 oo
4ft Liability® other than fhoae .„
above stated 662. <8
lota! *777.046.32 |
District of Columbia «s
I. H. C. BOCK, cjtsh'er of the above
named hark. do aolemnly ®wear that the
above statement is true to the beat or
my knowledge and belief. _ .
H. C BOCK Cashier.
Subscribed and sworn to before ms this
oth day of July. 1926
PEARLE P. fRAMER.
Notary Public.
ff> rr*f*( A r t ent
.1 T EXNICIOS.
E W. LIRBEY
CLYDE REED
Directors
REPORT OF CONDITION
of the
security savings;
AND COMMERCI AL
BANK.
Al Washington. D. C . in the District o' ,
Columbia a*, the close of business on Jun
-30. 1926.
RESOURCES
1 a Loans and discounts, in
cludinr rediscounts. sc
ceptances of oth»'
banks, and foreign bills
of exchanxe or drafts
sold with indorsement of
this bank . $3.821.789 4 <
Total loans.. 3-821.780.41 ;
7. Overdrafts, unsecured i.JB.Je
4. U. 8. Government securi
ties owned:
b All other United States
Government securities
i including premiums, if
any 1 *47.665.7* . . i
Total 41.666.i4
6. Other bonds, stocks, se
(•unties, etc. 664.107-63
6. Bankinr house $261.-
606.91: furniture and ,
fixtures. 533.973.26. 205.0*0.11
10. Cash in vault and amount „_
due from national banks 471.071.00 :
11. Amount duo from State
banks, bankers and trust
companies in the United
States (other than in
eluded id Item 10 1 16 03 <. < < 1
12. Excbsnre* for clearing 1
house 92.903.1 l
Total of items 10 11
and 12 *610.061.93
i 14. b Miscellaneous cash
items ..... *4.026.84
| 16. Clber assets., if anv 161.147.13
Tola! *6.453,417.70 j
LIABILITIES.
i 11. Capital since naid in *200.000.00 j
18. Surplus fund 126.000.00
! 19. 1 Undivided
profits *78.393.26
20. Reserved for (axes, inter
»*t. etc., accrued 27.206.14
23. Amount due to national
banks 776 00
24. Amount due to State
banks, bankers and trust
• ■ompanies in the United
Steles and foreign coun
tries (other than includ
ed in Items 22 or 23' . . 6. 308.10
26. Certified checks outstanding 6.885.60
26. Cashier’s checks outstand
ing 28.716 86
Total of Items 23. 24
75 and 26. . .540.656.66
1 Demand deposits 1 other
than bank deposits!
subject to reserve Ide
posits payable withip 30
davs 1 :
,71. individual deposit* subiect
to check 2168.035 96
30. Deposits requiring notice.
but less than 30 days . 40.951.66
I 31. Dividend* unpaid . . 8.000 00
Total of demand deposits
■ other than oank de
oosifsl subiect tn re
serve. Items 27. 30 and
31 *2.216.987.62
| Time deposits subject to
reserve 1 payable aUr
30 days or subject to 30
days or more notice ana
postal savings! :
I 33. Certiflratea of deposit (oth
er than for monev oor
rowed) 794.248.19
35. Other time deposits 2.470 896.43
Total of time deposits
subject to reserve. Items
33 and 36.52.766 144.67
Total *5.463.417.29
I Washington. D. 0.. ts.
1. SAMUEL R BALLS 18. cashier of the
above-named bank, do solemnly swear that,
the above statement is true to the best of
my knowledge and belief.
SAMUEL R. BAULSIR. Cashier.
Subscribed and sworn to before me this
Bth day of July. 1925.
1 Seal. t MELVIN M GUSDORF.
Notary Public.
Correct—A Meat
GEO H JUDD.
LAURENCE MILLS.
J. I. PEYSER.
FRED McKEE.
9 W STRAUS.
T A McKEE
F G ADDISON Jr.
Directors.
FIRST MORTGAGES
FOR SALE
Denominations of $250. SSOO
$750. SI,OOO and Upwards
6‘/x%
All l<oans Made on Property
located in the District of
Colombia
JAMES F. SHEA
643 Louisiana Aye. N.W. j
QUICK LOANS
HOME OWNERS
$l5O to $5,000 on
Ist, 2nd and 3rd Traats
In Three Day*
DISTRICT LOAN PROCUREMENT CO..
2*4 Kellogg Bldg., 1473 P St. N.W.
Open Evenings T to 9. Tel. Main 443*.
I MONEY TO |
LOAN
! I —on First Mortgages on ini-
I proved property in Washing
ton. Current rates. Prompt
service.
mmmsmm I
713 A 715 14th St. N.W.
17
REPORT OF THE CONDITION
CONTINENTAL i
TRUST COMPANY,!
A* Washington, in the District of Cnlurfr'
Pi*. At the close of ousines® on -lot®. 30.
RESOURCES.
1 » laosnw snd diacounte. in
cluding redisc ounts ar
ceotanrep of other rank®
and foreign bills of or
chanre or draffs sold
with indorsement of fhi«
oank Ift
2 Orordrafis. wetni.ed PI ft 3
o. s Customers liability ar
count of Acceptances
executed by thi» bank
and by other bank® for
a* count of this bank
and now outstanding J82.36ft o<s
* r. s Government secur*
*»e® owned
b All other United States
Government eecur ties
* including O'-smiuffii if
any » 7ft 1 on oo ■
6. Other bond®, stork*, se
ounce®. etc ... l.nfto.aift.*;
ft Furniture and ftatuies .15,11?
i. Real estate o*ned oto*r
»han banking house 30 ftftO “A
* Lawful reserve with Fed
ersi Reserve Bank . . 144 420 in
R. Items with Federal Reserve
Bank in process o f co!
lection . . *.231 .20
10. f ash.m vault and amouni
due from national banks 361.079 79
11. Amount due from ytatr
banks, bankers and trust
• in the Umied
Stares tother than in
♦ luded in Items 8 B
and 10 • 20 261.14
Total of ii*m® 0 10
and 11 *379.572.13
14. a Checks and draft, on
bulks f including Fed
eral Reserve Bank* 1"
* ated outside of oitv o>
town of reporting osnU 6.12.1.84
16 Othe» assets, if any . 67.1-46 07
Total 54.:466.502.3ft
►, - „ MABILITffi'
11. Capua) stock raid m. *1.009.0nn.80
,9% Surnlu, fund jon.ooboo
LT a Undivided p-oflu 63 478 84
29. Reserved for taxes, lnte
»»t. etc., accrued 7.611 S 4
' “3. Amount due to nation, '■
banks . 260 66" 36
"4. Amount due to 3t, i •
banks, bankers and trust
■ompanies in the United
States and foreign coup
fries (other than includ
»d in Item 23 1 !0.:56.5l
■ °6 Certified checks outsiand
1 mg ....... 1 39* 41
I 76, Cashier s checks ouistand
1 fir 19.511 35
Total of Items 2.3. 24.
75 and 26. V102.P40.3P
Demand deposits ‘other
»lisn bank deposits) tub
lent to reserve (deposits
oayable within 30 dsysi
i !1. Individual deposits subject
to check 1.129.375.14
28. Certificates of deposit due
m less than 30 days
(other than ton tnone»
borrowed! 11,560.00
•31. Dividends unpaid 46.0(>
32. Other demand deposits 61.* 10 23
Total of demand de
posits (other than bank
deposits i subiect to re
serve. Item, 27. 28, .31
and 32. . $1,208,781.37
Time deposits subject to
reserve (payable afte r
30 days or subiect to
30 days or more oot'ne
and postal savings!:
33. Certitir at ea of deposn
(other than for monev
borrowed' ... 62,128.20
! .36. Other time deposits 1 367.019 12
36 Postal savings deposits *n 455.08 _
Total of time deposits
subject to reserve. Item
-33. 35 and ,
36 *1.489.603 90
«6 Aroeptan'-ea executed by
other banks for account h»
of thia bank 197.355 on
j 46. Liabilities other than those
above stated 2.105.37
Tots' *4 366 802.36
I hi, of iTashington. District of Columbia, d
i I. *CHARLES IV warden caahre- of 1
| 'he above-named bank, do solemnly •»«»• »
j that the above statement is true to 'he
i nest of my knowledge and belief.
ctIARLE* W. -WARDEN. Cashier. ’
1 Subscribed snd sworn to before me *his
1 Tth dav of Juoe. 1926.
C. J TARKENSO.N
• Sea! 1 Notary PuHm.
Correct- A"est
WADE H COOPER
BATES WARREN
C E GALLIHER
W CLARK TAYIASR
Director*.
REPORT OF THE CONDITION . ,
Os the
WASHINGTON’
; LOAN' AND TRUST ’
COMPANY
K< Wa-hingion. >n 'he Diatncf of Columbia,
s' the close of business on June 39. ip"V
RESOURCES
1. a J<oan* and discounts, in
eluding rediscounts, ar
'.eptanee* of other
banks, and foreign bill*
of exchange or draft,
sold with indorsement
of this bank *10.734.008.42
I 1. Overdrafts, unsecured . 1.524 83
| 4. U. S. Government seeuri
-1 lies owned:
bA 1 I aof he r Untied
States Government se
curiti'* (including pre
miums) 543.636 00 ,
5. Other bonds, stocks, s'
curities. etc 2.153.758 6.3
6. Banking houses, $1.04i.
711.85: furniture and
fixtures. $26.564 89.
vaults aad safes.
$74,232.47 1.148.509 21 .
7. Real estate owned other _ "
than bankinr house . 285 000.00 ■
10. Cash in vault snd amount
due from national
banks 1 414 098 02
II Amount due from State 1
bank- bankers and
trust companies in the
United States 'Other
than included 'n Item
10 785 0444.27
12. Exchange* for clearing
bouse . 431.844 36
Total of Item, 10. II
and 12 *2 130.506 65
14 a Checks and
dr as t s on
banks I ’ "
eluding Fed
eral Reserve
Bankl Idea'
ed ou f side
of city or
'own of 'e
oort 1 n g
bank ... ..*83.979.43
b. Miscells n e
ous cash
item- 300.00
16. Other assets 76.907.46 j
Total 516.608.220.66,'
U A BILITI<£S
17. Capital stock paid in.. . *I.OO0 poo. not
18. Surplus fund 1.750.000.0 -
-19. a Undivided profits. 306.480 b*
20. Reserved for taxes, inter
est. etc . accrued . 9.368 4 0
33. Amount due to national
banka 233.780.4 8 tr
24. Amount due to Stale
banks. bankers and
trust companies in the
United States and fc *
etgTi countries (other
than included tn Item
23! 171 864 511,.
16. Certified checks outstand
inf 19.168.84-f
28. Cashier s -hecks outstand- n -,
ing - 11.104.1* ~
Totai of Items 2.3. 24
75 and 76.*442.008 06 id
Demand deposits • other
than bank deposits'
subject to reserve (d»
posits pavable with'n
30 davs 1 :
77. Individual deposits suh- ....
ject to ch»ck P.731..17 • 46
i 28. Certificates of deposit due ■«
in lets than 30 days
(other than for money
borrowed! 2.74180 a
30. Slate, county or other
municipal deposits ee
cured by pledge of
assets of this bank or
surety bond 1.394.6 <
31. Dividends unpaid 816 70
Total of demand de
posits (other than 0
bank deposits) subject
to reserve. Items 27.
2 8.29 ,t.l
and 31 . *9.736.280.23 >
Time deposits subject to
reserve (nsyable sfte 1
30 days or subject to > •
30 days or mere not'ce
and postal savings' -
33 Certificate* of dep 0s < 1
1 other than for money »*
borrowed' „?2-2li
136. Other time denosns 3 ,3i 343 ,-i
Total of time deposi', tr
subject to re* er r s
Items 33
and 35 *3 321.317 39 ’6
I 43. l-etters of credit and
travelers' checks aoid
tor cash and outs*snd B
ing 31.166 Wkjst
Toisl *I~6 4 606.220.66
District of Columbia City of Washington.’'?
T. ’HARRY G MEEM. treasurer of 'he'*
above-named bank, do solemnly sweav that
the above statement is trus to the boat,
of mv knowledge and- belief. .
HARRY G. MEEM. Treasurer. *
Subscribed and sworn to before me thi«
Bth dav of July. 1026 ,>?
FREDERICK * GENAN.
iSeal.' Notary Public.
Correct—Attest-
JOHN B. LARNER.
JOHN r LETTS.
ANDREW PARKER. AJ
JOHN H CLAPP
HOLCOMBE G. JOHNSON. .
4LBERT F. FOX.
FREDERICK V. COVILLK.
GEORGE A. KING. >r„
ELLIOT H. GOODWIN
JOHN A JOHNSTON ' >
J. LEO KOLB ,-fr
JOHN JOY ED'ON
DONALD WOODWARD.
* H W WILEY. Ai
WALTER «. PENFIELD.
BEN.I. W GUY.
L. W. ESTES -vtt
imams'
DirectoDi

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