Evening Star Newspaper, July 28, 1922, Page 11

N. Y. Curb Market Quotations furnished by the Associated Press) INDUSTRIALS. 30 Amer Light & Tr. 2700 Atiantic Fruft C¢ kiyn City R R. le Tire....... Heyden Cheml 100 Intercontinent’l Rub Libby MeNeill, new. # 3000 Soutn Coal & ron. 35 #00 Stuts Motor. s, . 3 0% 100 Swift xuum.nonn By 181 181 W 144 14y 14l w1 eoiy 1% 14 00" .09 w° o a1 Pow 4 4 1m Willys Cor I pr it 26 26 STANDARD OILS. 800 Anglo-American Ol 15% 185, 100 o L % Standard 01 Tnd. . 108% 10814 Stan Ol Ken, new. 04 " DENT OILS. ities Bervice pr Creole Syndicate Cushing Petroleum gineers’ Petro. Equity Pet pr...... Federal Oll i Inter Petrolenm Kesstone Ranger Kirby Petroleum. . Meridian Merritt Oil... Mexico Ol Pennok Oil Red Banks O Royaity Prod Ryan Consolidated. Salt Creek 13y Shell Tnion 0il pr 96 Ray 12 30 Simms Petrol South Pet & Ref South States Con Sonth States 0il & La Turman 0il Wileox Oil Woodburn_0il . Y Oil & Gas ... MINING. Alas-Brit Col Met. Amer Exploration.. 1% 1000 Belcher Ext 0 3000 Big Ledge ........ 11000 Ros & Mont Dev. 33800 Blos & Moat Co 300 Canario 1000 Caledonin 1000 Canada Copper . 2300 Consolidated Cop. 7000 Cortez Silver . 100 Cresson Gold 400 Dolores Espera: 1000 Emma_ Stiver ; 12000 Eureka Croesni 200 Am Car& Fdy. Am Cotton Oil. 26 Am Hide & Lenner u AmIce.......... 10 Am In(ermllnnnl . eu Am La Frai 13 Am Linseed. . 33% Am Locomotive. . .. 11T Am Radiator...... 9% 6% Am Safety Razor. . Am Ship & Com..... Am Smeiting. Am Smelting . | Am Steel Fdy. .. Am Sugar... Am Sumatra Am Tel & Teleg. Am Tobacco. . 48% Am Tobacco (B) .. 141 Am Water Wks... 16% Am W Wks 7% pr 87 Am Woolen. 1% Am Zinc & Lead... 18 AmZinc& LA pf... 45% Anaconda. 54 Assoclated 110 Atchison.. 101% Atlanta Bir £ Atl.. 3% Atlantic Coast Line 110 } Atlantic Fruit Co.. 2% Atlantic Gulf. ..... Baldwin Loco. . ... Balto & Ohio .88 Balto & Ohio pf.... 64 Barnesdall (A).... 29 Barnesdall (B) . 24% Beechnut Packing.. 3% Beth Steel (B) . 84 Booth Fisheries. 8% Bkiyn Rapid Trn. .. 25% Bkiyn Rap Trotfs. 2% Brown Shoe Burns Bros (A) . Burns Bros (B) . Butte & Superior Butterick. .. Caddo Oil. s California Pckns. - California Petrol Callahan Zinc Canadian Pacific Case (JI)pf...... Central Leather. Central Leath pf Cent RRof NJ Cerro de Pasco Chandler Motor. Ches & Onio. Chi & Alton Chi & Alton pf. .. C & E 111 (new) Chi & E 11l pt (n) . Chi Great Westrn. . Chi Great W pf Chi Mil & St P. Chi Mil & St P pf. Cat & Northwn Chl R I & Pacifi ChiRI&P6%Dpf.. ChiRI&P 7% pf.. CCC & St Louis. . CCC&stLpt. Coca-Cola. Colo Fuel. . Colo & Southern. Columbia Gas. Columbia Grlph p( Comp Tabulator Cons Cigar Cons Gas of Cons Textile. Cont Can. . Corn Products. Cosden & Co. Crucible Steel. Cuban-Am Sugar. . ! ano0 Fortuma . Cuban-Am Sug pf. %% S Sadaren e Cuba Cane Sugar. 1% o0 veiopmen S0 el Deiomsal. %8 Cuba Cane Spf... % 2000 Hifton Moo Davidson Chem. ... &% San Ind - Lead De Beers.......... 21% 4000 Knox thMe 125% 3000 Lone Star .- 100 Mo Namara “Min 138% i Eastman Kodak.. T% Electric Stor Bat. 47 Endicott-Johnson. . 82% 00 Nipissi 300 Tk u".‘.n 1000 Pitts Mr. Shastl... .22 Erie 1st pt. 1000 Bochester Stiver. . 1 Erle 2d pt % < Famous Players = o o Fisher Body. - 1100 Tonopah Divide s 1 Fisher B of O D! 100 T:-‘x‘w;nbhznenl!un It I g | FskRubber. United Eastern .... s | Free; exas. 100 Yukon Gold -..... 95 .95 .85 pa -~ BONDS. Gen Am Tank Car. . " Gen Asphalt. ... ; fl"a h"'" B :‘3 2 ¥ | Gen Asphalt pt. AR Totmcen 16 % | Gen Cigar. .- 2 Anaconda Cop 00 19 Anaconda Cop 08 1 Armour & Co 3 AT Gue & W1 1 17 Ed z H Great Nor Ore...... 40% 38 Greene-Cananea. .. oy Guantanamo Sugar 2 Ce Gas _Ralt Tn... 05 5 f’:;.nm Power 6s.. M;.; w::.’. Q Gulf States Steel... 8% 3 Harbishaw Cable.. 2 3 Houston Oil. . T = Hudson Motors. .. 5 Gulf Oil Ts . ‘Hupp Motors. . . Hood Rubber 7s Humble Ofl 78 Inter R T Se ctf. Inter R T 7n ter R T S ouBT T nua a0 wn S B o Nllllrvl Pet 1\4,- \r‘r 10 FOREIGN BONDS. 11 Areentine 7r. 1023.. 2 Bare, ug 7l Gian Steam 16 Gy Montevides 8 Kok Netherland . 06! [ 4 King Serbs Croats 8¢ 833 % 10 Mexico Gor 1Th 17 17 5 Hamburg 4tge. .00 2 2 2 7 Russian 6lgs ctfa.. 14 14 14 5 Bwise 58 108 38% FORKIGN EXCHANGE. Selling checks—dollar values at noon todsy: (Quotations furnished by W. B. Hibbs & Os.} 4451 000715 0284 SANTA FE EARNINGS DROP. CHICAGO, July 28.—Atchison, To- peka and’Santa Fe earned a net in- come of $3,009,299.80 during June, as compared to $4,928,171.51 in June 1921, according to statement. Revenues in- creased $36,966.04 during the period covered this year, but operating ex- penses showed an increase of $1,699.- 582.51, leaving a net decreass of $1,918,871.71 in income. The road earn- ed $11,229,357.81 in the first six months of this year, as compared with $12,630.- 066.99 in the same period of last year. Chicago and Northwestern railroad re- June, 1922, as compared with $1,557, Glfl June, 1922, as compared to $1,557,61! for June, 1931. ‘WOOL BIDDING I8 KEEN. LONDON, July, 28.—At the wool auction sales, 14,647 bales were of- fered. There was a full attendance of buyers lnd keen competition. The prices for the b r class of wools were slightly in favor of the sellers. ‘There Wi slow buying of Inferior ‘xn‘o-, but & good clearance was ef- acted. 13 4 | Del & Hudson % | Dupont (B.1).... =2 o llinois Central. . ... IIL Central pfd.. 110% Interboro Met pf... 3% Intl Cement. Intl Harvester. | Intl Mer Marine pf. Island Oil Jewel Tea. Jones Tea Kansas&GulfCo.. 4 Kansas City Bou... 25% Kansas C Sou pf.. Kayser (Julius).. Kelly-Spring Tire.. 47% Kennecott. .. .. Keyetone Tire..... 10% Lackawanna Steel. 79% Lehiga Valley..... 6% Lima Locomotive. . 1067 Loews Inc. 15 Loft Inc. Liggett & Myers. 3 lmue- | Lorilla: Louis & valllo < 181% Mack Truck..s... 58% Mallinson & Co.... 5% Market St Ry 8% Marland Oil. 30 Martin-Parry. W% Mex Seaboard Oll.. 23% Mexican Sebd'ctfs. 21% Minn & StL (n)... ME&ETWI Central. . %% NYCM&S!L::I 8 NYNH&W % NYO&Western.. 26% Norfolk & Western. 111% North Ameri . Pan-Am Pete (B). .z Pennaylvania. . Penp Seabd Steel. NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Open. High. Low. Closs: open. Hign. Tow. Close.| UNITED STATES WAR BONDS. | &4 | People's Gas. ... 87 o on High, Low. m 56% | Peoria & Exstern.. 2% § D m | Libertyske 1maa4r.... s 100 0% 94 11% ) Pere Marqu 34! 34 S4% | Liberty 2ud s 192742... 10074 10070 10074 - 04 8% 68% | Liberty 1st 43¢ 108247, 10174 10160 10168 106% 107% 383 | Liberty 20 43¢ 102742... 10086 10068 10074 P 8% | Liberty 34 43 1025...... 10084 10084 10070 6% 87 10 |Liberty 4th 41¢s 1988-38. 10168 10144 10150 & &% 213 | Vietory 4%s (callea) 10040 10046 8% 59% 79 | Victory 4%s 1023, . 10096 10088 . b :" FOREIGN GOVERNMENT, STATE % it © AND MUNICIPAL. High. Low. Close. e e % | Arsentine 7 . 100% 100 100% o ik 3134 | Belglum ¢ L1010 100% 100% % m% %0 |Belglum 7% 106% 106% ‘m 6% TR 123% | Belgium 85 oo 106% 108% X 98 1004 5034 | Berne 8; S 0% 110% % 6% 28% | Bolivia 8s wi 100% ‘3‘;1' 19% 19% el B% B 0% 614 107 | Brazil 96k 96K 96U o % 29% | Brazil 0% 100% 100% % sk 1% 9% o) 8% 81% % 8% 3% T i WK (2e1sIa 122 12% K %% 1% 1% 83 | Chile 85 1921 102% 1023 102% M1 1414 | Rey 46% | Chile 85 1946 1028 102% 102% 16% 17 | Royal Dutch. . B4 6% B4 Chile 85 1941. 108 102% 102% 8 8 2 ak 9% 9% 91 |StL&SanFran... 281 20% 28% %% %% 18 18 StL&SanFrpf.. 50 5% 5 Wy 9 9 &% 4% | St Louis Southwn.. 2% 30% 23% 109% 109% 53% 63%|StLouls Sownpf... 46% 6% d6% 6% | Dutch EastInd 6s'47... o6% 9 9% 10 12 [Seaboard AirLine. 7 7% 7 7% |DutchEIsf6s’62.... 100% 1018 | Seaboard AL pf... 1% 124 il 12%!French Govt8s 314 8% | ears Roebuck 8% 80% 80% 80% | French Govt 7%s 109% 109% | Seneca Copper. 12 12 12 12 |Japaneseds 254 2% |Shell Trad & Tran: 38% 38% 38 38 | Japanese2d 31 31 |Lyonsés 9% 9% | Marseilles s 91 91% | Mexico 4 6% 6% | Southern Railway.. 25% 2% 25 | Mexico5: 68% 63% | Southern Ry pf.... 68 B7% 7% | Mexico s large o 2 2 |Stand Ofl of Caliz.. 10/% 106K, 104% 106% | Netherlands § W %% 24 24 |StandOllof NJpf. 11T% 7% 117% 17% | Norway 8s m om0 10 84% 4% | Stewart-Warner. 45 4 4 |Queensland 6s. 101% 101% 101% 7 7 |Stromberg Carb 4% 42% 42% | Queensland 7 10 10 10 8% 9% | Studebaker. 2 Rio de Janeiro 8s %% 9% 991 Tenn Copper. . 10% 10% 10% | Sao Pale. State of, 8 e ey % 10w 1%} Sao Paulo, State of, 8s.. 100K 1004 m:: Texas & Pacific, 0t 28% 30 exas & P C & O 26% 25% | Sweden 6: Tobacco Prod A 8% 8% | Swies Cont Tobaceo Prod. st s | o Sz o hio o Fobecon Erodixt 20 2% 2| 51q Kingdom 5%8°29. . 110y 110% 110% 8% Trans Contl OIl. W% % 1% SinEdom 5348 '37. Utd Kingdom 5%8°'37.. 104% 14 104 Unlon Ofl. .. . ® 2% 2 20|Zurichss .2 o uz Union Pacific. 2% M2 1% 12 MISCELLANEOUS. United Alloy Steel.. 89 39 3 39 | Ajax Rubber 8s. . 0% 9% | 9% United Drug... 79% 9% 79%| Am Agri Chem 73%8.... 104% 104 104% United Ry Inv 12 12% 124 12% | Am Smelting 1st 8% 9 % United Retail Strs. 627 62% 62% &% | Am Sugar Ref 6; S108 102 108 UBCastIrPipe... 8% 35% 8% 4% |Am Tel& Telcl tr % 6% ® 0% | Am Tel & Tel cl tr 4s A% N% A% i | Am Tel & Tel cv 6 §3% | Anton Jurgenscvéswi % '&: Armour & Co 4%s. Adantic Fruit 7s. b:" L 12 Atlantic Refining 58 w | m 21 21 |Utah Securities. i el e SO 2% 2 Bethlehem St 8, % | Vanadium Corp. ... 4% 0% % 8% | Central Leatner privg 59% 68 82 u 0% [ Y 13 128 Zht e | Wabashpf (A). 1l a3 am % | Wells-FargoExp.. % 71 ok g | Western Ma. 1% 124 1% 11% |CubaCaneScvdebds... 89% 89 & X 4| Western Md 2d 20% 20% | Detroit Edison ret 6 o 19 15% 19 |DuPontde Nem 73s. 7 T 2% 6lla 61% | Duquesne Light6s...... 103 102% 102% e on 1 18% 18% i Y Tex 1% | WWhite Eagle OIL.. 257 2% B4 5% ‘White Motor. 54 s g | WhiteOil. s Ti % 122 | Wickwire Spencer.. 15% 157% 10 |Willys-Overland... 8% 8% 8% |Goodyear Tire 8s'41 24% | Wiliys-Overland pt. &4 4 4% | Holland Americansf6s. 88% 8 68 107% 108% | Visconsin Central. 2913 2913 2914 293 | HumbleO& R5¥%swi. 100 100 100 o o3 | Woolworth 3 14 174 17 |Indiana Steel1st5s’52. 1004 100 100% g% g9 | Worthington Pmp. 52% 521 524 G2 | Inter Agricul Corp 5 0% 80% St o6 |Wright Aero . 8% 9 8% 8% |Inter Mer Marine %% 97 0% W% | Inter Paper 1st5s B. 86% 86% 8% B 1% Higb. Low. Last. | Kayser (Julius) sf 1 o Eay Call Money..... 3 3 3 Kelly-Springfield 8 HOURLY SALES OF STOCKS. |Lackawanna Steel 5s 4 6% | 1lam..... 227700 12m. 35 ‘:h l;;% 1pm..... 494100 2p.m.....602000 18 189% s NEW BANK FOR MEXICO. |Midvale Steel Gs. MEXICO CITY, July 28. New | Montana Power G| 3o Corresponacnt 'of ihe Baeisor | New England Tl 824 8% |says today he learns that the Banco|NYGELHG&P bs. 16% 17 |Unico de Mexico, to be established | New York Tel 6s 1941. 2 8% next January, will have nominal cap- | New York Tel 6s 194 1% 184 | ital stock of $200,000.000, half of which { New York Tel 434s. is to be subscribed and the other half | North Amer Edison 82 8 [represented by free shares held by | Nortnwest Bell Tel T 108 108% | the Mexican government. OF the 100. hio Tr & L ref 65. .. §7% 8T% [ 000,000 subscription shares, 65 per | Sor Ohlo Tr & Lire 12 18 |cent, according to this account, is to | Facific Gas & El 108% 10% 3% 2 108 72 1% 3% 12% 2% * % !i"i!i:? & a“&iii '551 ii be taken by the Banco de Paris and the Banco de Los Paises Bajos (Dutch), and the remainder by the houses of Morgan and Speyer and the British interests represented by Sir William Wiseman. Each of these in- terests will be represented on a gov- erning board of five members. STUTZ MOTOR SHOWING. NEW YORK, July 28.—Directors of Stutz Motor Car In special meeting here re-elected Willlam M. Thompson as president of the company and ac- cepted the resignation from the board of Alvin Untermyer and W. H. Cover- dale, jr. The two vacancies were not filled. Directors refused to comment on reports that net earnings of the company for the first six months of the year showed a deficit and that they would make a bid for the con- trolling stock interest held by Guar- anty Trust and other banks as col- lateral on loans to Allan A. Ryan, former chairman of the Stutz board, who recently failed for $18,000,000. The directors made public a bal- ance shect as of June 30, 1922, show- ing a surplus of $4,473,352. Good will was listed at $2,100,000, the same as on December 30, 1921. —_— FINANCE AND TRADE NOTES. National Leather directors failed to take action on the quarterly dividend of 2 per cent, due August 15 on pre- ferred. First car of spring wheat received this year in Minneapolis brought $1.59% a bus Jowa corn crop is a week later than last year. Moderate showers recently, have not dela; harvesting and have been generally favorable for crops. New financing for the New York, Chicago and St. Louis (Nickel Plate) is expected to make its appearance shortly. The road has requested per- mission to sell an aggregate of $8, 663,000 in bonds of various maturities. < Net profits after interest and de- preciation, but before federal taxes, of the B. F. Goodrich Tire and Rubber amounted ‘to $1,312,000 for first six months_ of 1922 ' This is about equal to preterred dividend requirements for period. Spe er & Co. and Ha Co. offered $3.600,000 Ha Rallway, Light and Power § per cent bonds at 85 and interest to vield about 6.07 per cent, subject to con- version rights of holders of $1,500,000 7 per cent notes of company called for redemption September 1. Issue oversubscribed before 10 a.m. Philadelphia and Reading has asked bids on 100 standard refrigerator cars for delivery in last three month: this year. Expulsion of E. W. Wagner s an- nounced by the N:w York Stock Ex change. Bcoehnm Packing declared a div- idend of 4 per cent a share on com- mon, payable Au‘ul! 10 m stock of t!col‘fl Au t 1 Cleveland and Pittsburgh declare its regular quarterly dividends ol 87% cents on I’Illrllltnad and 50 cents on’ special guaran( pavable ble S.p%“lllhel’ 140 ‘Stock ‘of recor Au- gust 10. " CANADA CHEESE OUTLOOK. MONTREAL, ;\n pr;d"n«d b:tl{vrk ulvh soon make beuer Duu-h m Dmnll nion daffy commissioner, 28.—Canada, vhleh . in the opinion of ed from Holland with ideas Packard Motor 8i Pacific Tel & Tel b Pac Tel & Tel 5s ctfs. Pierce Oil deb 8s. Philadelphia Co ref 65 A. Public Service bs. Sharon Steel Hooj Union Tank Car 7s. United Drugcv 8s. ... U S Realty 5s. U S Rubber 1st b U S Steel s { 5s. Utah Pow & Li; Va-Car Chemical Va-Car Chemical 7%s. Warner Sugar 7s. ‘Western Union 6%s. ‘Westinghouse 7. Wilson & Co 1sf Wilson & Cocv 6s. . Wilson & Co cv T%s. 104% —_———— TREASURY CERTIFICATES. (Quotaticns furnished by Redmond & Co.) 4158 Beptember 15, 1922. 522. September 15, 1024 s October 16, |38 December s ecembes 13, 102 5 3. wnua'- 10087 00 z 100 316 B ltmber 15. lm 2:‘-‘." h 15, 1935. 4%s December 15, 1i -16 100 15-16 4%s March 15, 1926, 102% (Réported -by Redmond & Co.) ) Aluminum Co. of Amro;lv 1025, umg -an-Tel. American T 6o 1958, ‘Anacos da Copper s Abglo-American_ 0Nl T%s 102 . SHORT-TERM SECURITIES, 7s 1930. of W estinghouse E. -c-nm BEANS MORE POPULAR. ‘We are now sating more beans than we .ralse, says a New York dealer. For months Américan buyers abroad have been scouring the world's mar- kets for beans.. Fur the first time in several years bean shipments have been imed from Mexico. and now Consul it at mrlellle. France, advises that American buyers have been demanding such huw quanti- ‘ties of Rumsnian beans in that mar- ket that local stocks have been ex. hausted. ring April and May 100, 000 bushels of the bean made fllnmu by the historical New England ‘were lhl ped to un lm!ud "States. In 1921 els and in 1920 less ls .came into this Balto & Ohio prIn Balto & Ohio ret 65 Chi Union Station Chi Union Statlon Cleveland Term § Colo Southern ref 4%8. [ov wev vorx BONDS:“_LEI BIIRB lIST Sl Regeived by Private Wire Direct to The Star Office, MII._MAD: 3%, W% 8% 4%s. 2 6%s. m %lw Erle conv 48 B‘ Erie conv 564 m o Erle con ext 'II 105% 1 P Grand Trunk 103% 108% X Great Northern gen 132 :g“ :$% 5 1 2! Great North rm gen § % s e Hudson & Man ref Interborough-Met 4% E " 12! Inter-Met 448 ctfs .. gain of a int, whil - Inter Rapid Transit 5s... 0% 6 g:' ard were fl"a&:o;ll;h}};:e:ndal;fi:n Inter Rap Trés wi . 0 T and Montana again featured the deal- | The Edmonds Building Inter Rap Trov s wi... %% 6% u:@ ings in the mining department, reach- | | Int & Gt Noradj 6s wi.. 51% 2:: :;‘ H‘,‘,‘. 1 .-fl:( on large transactions. 911 15th St. N.W. I ] 3 ers of this did little. i TowkCenteal Fel a8 T T T A apecial mecting of Southern Coal Washington, D. C. ‘ 9% T and Irion Corporation stockholders i Kansas City Sou 5i g9 &% 88% | has been called for August 14 to vote — = Ui FIRST MORTGAGE amenm Glty Terminal s, 8% £ 8 |on an increase in the capital stock | ,000 Life Policy, $57.35 e s W W% | from $1500.000 to $3,000,000. A Send date of birth for illustration NOTES m.mw""“". o B g ex‘\1 ngs were small. 1. R. T. hhll-hm 1865, Assets over $200,000. 000 Lomuunrluh unified 4 ! @ si:n 9; u," ured the trading, getting up to X LE ROY (.:.lr:v, |.I.-r-nre Adviser SECURED BY FIRST DEED L&N 1st & ref 5% 107 107% 107 il Lol S Room 610. Woodward building. M. 340, Louis& Nagh Ta......... 108 18 10 = == - @ OF TRUST ON IMPROVED Market St Ry cons g J A e wn u :ng[]ND “S'I' HRM DISTRICT OF 108% 9% ' | COLUMBIA 82% | el | REAL ESTATE :: Let us manage ERrErreyeey o ' i heotl 5;031;- . Denominations By Special Leased Wire 1o The S i > 100% Speria 0 The Star. = 91 | NEW YORK, July 28—Favorabje ter of a Century $1, 000_5-529-‘%100 E 106% | rallway earning statements and the Experience. oo g w8 heavy offering of call 1 igh- ; e e st meney toreien | 2 GAUL €O, | § James M. Carter & Co,, Inc. NI Comtralrersswl.. %l %% {001 ing in the bond market today. Trans-| -, 111 HStNW. £ 5. . NIRysaasoe, % 3 s factions were largest in the liberty 1412 Eye St. N.W. 8 New Haven cv deb s im e loan, railroad and traction groups, 3 Main 2100 NY West & Bos 4 - ‘:“l l?: llB/‘ and although there was further de- orfolk & West cv ¥ . mand for high-grade investment se- Northern Pacific s, ... 8 B, O™ | curities, particular attention was paid North Bac ref imp 6s. ... 108% 108 108% | to the conservative and speculative Ore Short L con 58 46... 105% 106% 105% | issues. It was apparen v 4 podiiireltireds PP L on every vo ref 4s. 2 =ide, from the federal reserve reports. Ore-Wam lstrefds..... &% 24 £2 1 the easinz tenaency of time loans and Paris-Lyons-. . o p the abundance of call funds, that ex- Pennsylvania 6%s Pennsylvania gold 10 1098 10§ piherty bonds were mod Peoria & East inc 4s 3% 35 | e ear their top levels Thg un: Pere Marq 1st 58 N% 9 T4 gottled condition of the foreign ex- Reading gen 48 - 84 &l 8% ternal loans reflected the uncertain- | RIArk &L 448 Bl 8l 8% |ty which prevailed over the troubled: StLIM&SR&G Southern Ry dev 6 Third Ave adj 5s. . © 1021310 108 510 5 o1s | & Pennsylvania gen 4% Pennsylvania gen 53, %s. g6 s | New York Central securities were & 5 lprominent amonk the rails The & & |debenture 65 were most conspicuous R |al their highest for the vear. Sub- = 3 istantial gains occurred also in other (WhseLE IESrs s 68% 6% | New York Central bonds as well a3 . in the Southern railway first 5s. C. 1 e el ,;:TAL ol v";:z)q;m and O convertible Gs, Northern Pa- Issued Under Our Supervision Are unmf 5082000 cific refunding fs. L. and N. unified 1pm. ssmsow | 4% 5 B Sour e Great North: 1st. Permanently Safe, climinating all worry. S DD 812617 ern 58, the St. Pauls and Eries, New 2 gy al'": S 2nd. Give Maximum Yield, better than other forms of IVIDEND! ndustriais Firm. i D f kot Tap. | Industrial bonds were firm.as a rule equally safe investments. Stock of Pas- {with no features. Consolidated Gas 5 A . A record. . able. | eonvertible 7w after their rise on 3rd. Require Least Attention—we look after every detail 5 : following the increase in ‘AuE- 21 Auk: 31| the dividend on the company’s stock. for you. settled down mot far from the ton. ept. 15 Oct. 2|Lackawanna Steel 58 of 1950 ad- = - > g oy : L nced, and so did the General Electric Let Us Have Your Reservation at Once LD ol gt s 4s. Invincible Oil 8s lost more ground. 1 Aug 13 Loan Department piimut Packing Co i Aug. 10) MONTANA POWER DIVIDEND. National $L75 .. A CINCINNATI, il Cleveland & Pittsburgh E. SEVEN MINES IN MERGER. B7l4ac. 10 Sept. 1 Rept. 1 Sept. 1|js Oct. Aug. 1 Sept. Sept. Sept. Sept. Sept. Aug. $1.50 8ept. B o, a o - <= PRICES IJNBHANGEI] By Special Leased Wire to The Star. NEW ¥ORK, July 28.—Trading on the curh exchange today was quieter and although price changes in most instance were: only fractional, the market displayed a dccldefllv nrmer undertone. Standdrd Oils, as a group, Wwere higher, - the Indiana shares selling Just below 109 most of the session, and a good demand appeared for An- glo-American and International Pe- troleum at slightly higher prlcel. Reports that Mutual Oll brought in a npw well in the cn Creek fleld, flowing one thousand bar- rels daily, caused an advance in that stock. Alcon opened up & Dolnt from Thursday's close, but sup) was lacking and this issue firnppod back a substantial fraction. Citles Service common was lower most of the day. The preferred and bankers' shares ruled lbout n-dr g\"'e' England Fuel Oil again Fensland, New York Oll and South- ern States Oll wers lower.* Afihiounce: |’ ment was made that control of Ver- land Oil and Gas Company is being acquired by the Southern States Oil Corporation. The property consists of 976 acres with twelve wells oper- ating in Osage Nation, Oklahoma.. Radio Rather Slow. Radio common. was again in-supply and receded. The preferred was un- changed. Tobacco shares were in- fluenced somewhat by the announce- ment of the organization in Delaware of the Phillip Morris International Corporation, Tobacco Products ex- ports, Phillip Morris and British- American Tobacco were steady. Durant issues were the active lead- ers of the motor group, holding near eir recent highe. Hayes Wheel at one time showed a pectations of continued low money rates were warranted. Liberties Rise Higher. state ~European _affairs. were unlmverun‘_ dom issues held 'up as well” as any, with the 1930 bonds noticeably firm New York Tractions Firm. The performance of Greater New York Traction bonds was one of the features. Their advance was plainly {a response to the recent reports of i improved earnings. I. R. T. refund- ing 5s got well above 70, as compared with lhelr flnnl price on Thursday of 6§8%: The 7 per cent bonds, dealt in on & when-issued basis, rose about 114 points and the 8s on the curb ex- hange .gained even more. Inter- boro Metropolitan 413 per cent issues also went higher. Rail Bonds Gatn. Montana Power earnings showed up well under ana year, and in consequence Wall street eculating about dividend pros- pects when the directors meet next month. Not a few expect that the rate will be advanced from $3 to $5 a year. dividend reports are most strikingly suggestive. A Pricé changé®=in “this quarter of the Ifst The United King- have s this The bulge in the mmarket on Committee representing holders orl nd e v O EornO R Perie M oren My nd e i Wee Offer for. e unt substantial additional deposi of notes and bonds will Be necessary Dbefore the committes would be wnr-l ranted in doclaring Interborough- Manhattan readjustment plan opera. | tive. o. i Real Estate Notes Of responsible makers secured by 1st lien | P improved property. T0 YIELD % | LIBERTY BOND PRICES . For $100 Bonds Today. 1st Ys .$101.22 24 4% .. . 100.64 34 4%s . . 10152 4th 4%e 101.92 Vietory 4%s . PROMPT FAYMENT OF INTEREST GUARANTEED. Bank of Bethesda, Md. Phones: Cleveland 1919 and Bethesda S1. 100,12 NO DEDUCTIONS MADE. | EQUITABLE Co-Operative Building Association i i Organized 1879 1 424 YEAR COMPLETED | | Bonds Bought in All Denominations. LIBERTY. BOND EXCHANGE 604 14th St. N.W. Hours, § s.m. to 6 p.m. Main 2097, $4,408,620.00 . $1,144,464.60 Gnhfymg Results From Systematic Savings es pian of n lelpful WE PAY ON FUNDS LEFT! WITH THE COMPANY | C}O WE EARN ~—the highest interest | rate of any American | Life Insurance Com- INSURANCE Co:’l"! LESS In the i Union Central. Why pay more? Assets, $160,000,000. Organized 1567, E.S. BRASHEARS, Gen. Agent 710 14th Street’ . Money to Loan Secured by first deed of t; Prevailing interest i l?seph I. Wellerfl Subacriptions for the 83d lssue of Stock Being Recclved Shares, $2.50 Per Month EQUITABLE BUILDING 915 F St. N.W. JORN JOY EDSON. President FRANK P. REESIDE, Seey. st on real estate New York Washington, D. C. E. A. Campbell & Co. | Public Accountants ; i | | MONEY TO LOAN ON FIRST MORTGAG AT CURRENT RATES OF INTEREST A . > 7207 Conneclicet (Renue SHANNON - & LUCHY Main 2345 713 14th Street July 28.—Cincinnati; and northern Kentucky capitalists have created a commercial coal com- ny, in which seven mines are taken | n. with a total acreage of 38,000, a' small line of railway and a potential production of 1,000,000 tons of coal a vear. The capitalization has been fixed at $2,500,000. The name of the new corporation has been selected as the ng Mountain Consolidated Coal Company and its properties are main- 1y in Bell county, Ky. with a small acreage in the strip of Tennessee ad- joining. UNION PACIFIC NET LESS. Unifon Pacific reports net railway operating income of $2,265.672 for June, contrasted with ~$2,618,008 in June, 1921, and $1,574,732 in le’.'l:‘fla Its gross operating revenues totale 'lEl‘r 364, compared with $15,604,253 a year ago and $14,544,798 l-n May, while operating expenses were $468,065° more than those of June, 1921, chiefly on account of an increase of $558,000 in expenditures for maintenance of way and equip- ment, which was partly offset by lower tnnlpurutlon charges. In first six month 922 net operating in- Come of no’sa 145 was uvtud“:n't"qx erating revenues ol B OB oD rved with $11.114,777 in net and $87 2 ‘l I;l’zfrog fol'u corre- nding hal af perating ex- ::on-u for perfod ,799, decreased $3.82! or 5.5 per cent, to a ™tal of $65,122,- 594. MONTREAL, July 28—Exports of cnnmnpnlplndp-urlnmm | valued at 33,522,830, compared with 36, 490,359 in April and $7,929.525 in May, 1921, according to official statement. The United States received the greater share of exports, accounting for $7,034,- e, 'xn-umx To the Holders of I United States Government Victory 4%% Notes Due May 20, 1923 Apprmmtely $1,000,000,000 Victory 4% % Notes, Secries A, B, C, D, E .nd F, have been drawn by lot for redemption at 100 Sndiae interest on December 15, 1922. Gty The Treasury artment also announces the offering of a new issue nf :v‘/.% Tr-:ryq’ Notes dated August 1, 1922, and due Sep!ember 15, Wo ueonmuul the exchange of Victory Notu for the new Treasury Notes and are pleased to offer our services in wnnechon with any sub- scriptions thereto. Should any lnldm of Victory Notes desire to reinvest in other high- grade benlll. we will accept Victory Notes at current market prices in payment for.any securities we are offering, a complete Iut’ of which will be mailed upon request. CRANE, PARRIS & COMPANY ' I Bankers 823 Fifteenth Street N.W. Established 1883 .