Evening Star Newspaper, February 11, 1923, Page 28

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a8 FINANCIALD, - THE SUNDAY STAR, WAbHI NGTO! ). C, FEBRUARY 11, 1923—PART 1. DEMAND FOR STEEL ! i W.EE_K_"YB.QTNDSUMM‘?..“ IWeek’s Price Range New York Stock Exchange| :zv v mes oo Prev. week's were named on fouthern 32;inch dress Ciane. Wok onding Februsey 10, 1903, et ginghams ranging from 17 to 18% | if you have money to " w Argentine s 1937. o o lom e e et ciass Chon. > Div. w.” Gloss. Chie, [CONtS £OF the better grudes. Tho u‘l‘;l invest, we can safely 30 X Adams Expre 15 70 3 u SxCtaR Of 3 conts o yare in any ine Bl'“ it on gilt-edge fi"‘ prin Our Al harias 1% 15% stance. Wide print cloths _sold Mortgages. - steadily for delivery through April. Alr Reduction. 6435 59 46} — Kelly-Springfield. . Woollen goods for fall sold well. In Ajax Rubber. 1284 101 6 Kelsey Wheel. ::nu {nl‘:lnotl ;nllll,:fll be a?ll‘en s, cut down tl ers t sure 8% 38% 3 Kennecott Copper. prompt deliveries of il the goods % wanted. Silks old well. Jobbers re- Am Agri Chemlcal. 30%4 ported a good trade. Am A 1pt. m Ag Chemical p: DELAYS RATLROAD REPORT. Am Beet Sugar..... Am Bosch Magneto. NEW YORK, February 10.—Alvin W. Am Brake Shoe Krech, chairman of the executive board of the Denver and Rio Grande AmCan...... raflroad, today notified the Interstate Am Car & Fay. Lorlllard (P). Commerce Commission, which is in- D fivia CO vestigating the financlal affairs of eal . Am Chcle Co Louls & Nash. u o+ ;3‘ the Denver and Rlo Grande, Missouri n, Una Am Cotton OI1. Mack Trucks... 3 71% + 2% | Pacific and Western Pacific railroads, Members N. V. Stock Exchange § that he would not present his pre- Am Cotton Ol1 pf... Macy Co...... g:”+ 13 |pared statement until late mext week. and Other Exchanges. Am Express Magma Copper. - Am Hide & Loa pt. - Mallinson. :fi_{_ e 11 Wall St, New York AmIce.....oun Manat! Sugar. Am International Market St Ry ptlor, 9% + 2% Room for Rent 2036+ % y 2:;2:::: ve :::::.ap(::—.,, 30 +2% 5th Floor Expert and Sound Ad- Amer Metals....... 53% Mathieson Alkall. 35 69 + 2 . o il vice On All Forms of Am Radiator. 84 Maxzwell Motors A.. 48 :;%i ly Commercial National Investment. 8% Maxwell Motors B, : 4 13: 203 May Dept Stores. B - 1% Bank Building Confidence s the basls of your Am Smelting. ... 641 Mexican Seaboard.. 7% 18% + U4 securities purchases, but con- Am Smelting pf.... 101 Miami Copper. . ayp+ 3 fidence results from Information Am Steel Foundry.. 393 Middle States Ofl. s = % we have all the means to pro- 8 Mldvale Steel.... 3 { 9%+ 1% vide—records, analysis and re- Minn & StL (n).... 8 834+ 1 ports. These facilities are at 71 410 | your gervice. Use them. MStP&ESSM..... $100 to $300 Mo Kan & Tex wi . 4 184+ % giate e ot b o cht b is 3 445+ 2% per cent fnterest. No bre- o Pacif.-oen i) BT WASHINGTON BRANCH Mo Pacific. . Hon Mo Pacific pt. 8%+ 3% WM | Main Floor, Woodward Bldg. Montana Power. 1%+ 6 < Phone Main 2040 Montgry Ward. 25 +3 Mailine Boay. v a1 4 3% Money to Loan Nash Motors. 5 106 +1 by first deed of trust on real estata Natl Bisculit. W%+ % l’n'-fl Interest E‘wfl"fl“;' Nat! Enameling ms 6 + %|Josephl Weller Trom 100 OO Natl Lead.... 181 +3% () Nevada Copper. % 15% - 1% We NOT . 923 + 3% 3 xg.q:::::: 33};+ & ||| —nave ready fm— delivery a Available to Buy Good = 064+ 154 ||| limited amount of T sl 7% 2d Trusts N Y Ontarlo 8 W. 13 2%+ % sorro?knzv..;m i § n + 3)2 Gilt E First M of 1, 2 & 3 year maturity; 113% 4 8 dge First Mortgage ; North American. North American pf. 5 48% + 2% Investments monthly or annual pay- Northern Pacific. .. % 9% +3 ||l In Amounts of $250 Up ments. Private funds. Ly Ofla Heay € Bow.. % ;: Take Advantage of This Orpheum Cireuit. 19%+ 7 . Seaers o WLl e emertanicy to ect oue || Hoyman Schmidt | ¢ Pacific Gas & Elec.. o5 8295+ 25 ||| 7% interest is rapidly passing. PacificOll...ucvaes 45 7 Hr : Chas. D. Sager | 729 15th Street Pan Am Petrol (B). 2% » Lo Main 2611 Pennsylvania.. . Peoples Gas. . Copper and Tin Firm During < o b Week—Lead Market Is A ; é gg z 47% 36 Strong—Tin Lags. 6% v 9 % Copenhagen 5ls 1944.. 2% 3 . Dcuehnulonku 8s 1951.... 2% 0% 7084 e enmark 88 1945. . Spee e e n Denmark 68 1942 o o | S0 T iW YORK, February 10.—The de- Dutch East Indies 65 1947, . (187 178 mand for stecl continues very active Dutch East Indies 65 1962. \ o W g ind prices during the week have T Framerican Ind Dev Tigs 194 205 Mg “hown' a hardening tendency With French Govt 88 1945 ... : 3 omg inotations up to last year's high lev- 7 Holland- :;::Zl?:nlzlt‘c;‘n'u 9 Mz 133 Is. Producers are showing some Japanese 18t 448 1925 Y nesitation about booking orders for e Japanese 2d 438 1925 s 109! “ the second quarter and more or less Japanese 4s 1831 35 9815 iiervousness Is being expressed over Jergens Utd Margarine 6s 194 ‘n 2076 245 he situation because of recent rapid| % Lyons 6s 1984 33 208; ivances. Pig iron is steady but with Marsetlles 6s 1934 Ti20%6 lemand less active as buyers fear a| 7 Mexico 68 1954 5 ] ’ reaction on account of more favorable | 62 Mexico 48 1954 ~>4a 5044 nel conditions. &7 Netherlands 6s 1972 5 %6 Copper has been firm but with omy | 113 Norway 8s 1940... X . 5 # moderate demand for domestic con- 6% 6 Paris-Lyons-Med 6s 1958. Y sumption and it is reported that the e i ge wire drawers and brass mills.| 105 Queensland €s 1947, . particular, are pretty well covered o o danelie B 1048 0814 next sixty days. ttle bet- e >4 export business was reported.| ‘oo ffif Paulo, State of, 85 1936. ... 9 3514 cver, and with offerings 1ight, 2 eine, Dept of, 7s. P have been fully maintained. 4 Sweden s 1929, i ts to France since the begin- ¢ 4 Swiss Confed s f 8s 1940 ¥ 7§ 243 )L the month are estimated at = 3 United Kingdom 5%s 1926. 5 1215 00,000 pounds | A Inited Kingdom 5lus 1937. 4 79 e on ot :1':‘) d‘y !‘unmllrl\‘: - INDUSTRIAL AND MISCELLANEOUS. & o Siofails _ mer Smelt & Ref 1st 5s 194 " Z S 205 s are belleved to have % 5 7% Amer Tel & Tel cl tr Gs 1946. " % cd requirements for the timef Ci imeru'l'elk&c’l‘e:‘zl Ysa‘s‘ 1929 & 8% Tmour & Co 4% » s quiet but steady with little Atlantic Refining deb 58 1937 i [2% o price. X 5 107% Bell Tel Pa 7e 1945. y holds firm. but increased| 8 %% @ Bethlehem Steel p m_ rerings are expected after the turn o { Bethlehem Steel s £ 68 1948. of the Chinese new year. i o Brooklyn Edison 7s D 1940 9 @ Central Leather s 1925 3 4 Cerro de Pasco 8s 1931 BALTIMORE PRODUCE. ors B4 ‘ Chils Copper 6a 193 BALTIMORE, Md, February 10 2% Chile Copper s 193 the ~recent “snow a 7 ConsCoal (Md) 1st ref 58 1950 S ol st intey weatlier re 01 Cuba Cane Sug cv deb 88 1930 ailing the market took on a firiner 63y 2 Detroit Edison ref 6s 1940. part.or the “:"‘ “;‘} & % s Du Pont de Nem 7138 1921 Soicty fhes nas Duquesne Light 7:s 1936.. nd nearby stock, jobbing lots Empire Fuel & Gas 71;s 1937. f iy 0% » General Electric deb 8 195 t a premimn today over this o G e General receipts are light . Goodrich (B F) 6138 1947 emand is good, but it is % 5 944 Goodyear Tire 8s 1931, rly a weather sltuation and con- Goodyear Tire 8s 1941. ered a forced market on this ac- 2 Humble Oil & Ref 535 183 ‘ount only as more liberal recelpts " Indiana Steel 5s 1952, ro anticipated next week. Average 20% 844 Inter Mer Marine 6s 1941. ts and southern eggs will not Inter Paper o8 B 1947. . over 34 ts. With @ good and 1, Kelly-Springfield 8s 1931 ailing on nearly 4 Lackawanra Steel §s 1950, Liggett & Myers 5s 1951. Munat! Sugar 8 f Ti,s 19 iR s Mich State Telephone 5s 1 T i €84 Midvale Steel 5s 193 with choice hens selling 43 to 45 & 2 4 New England Tel &5 19 gz gobblers 38, while old g1 New York Edizon Ist 6158 1941. sor and crovked breasts o2 Y Gas ELH& P 551948, re slow sule at 32 for the former and g ew York Tel 6s 1941 for the latter. Large, fut youngj) ¢ W New York Tel 4158 19 constant de- % 6 or American Edison és 1! . but rough, ¢ m,u sale ut 22 Young | 3 i Pacific Gas & Elec 581942, ‘J"d; G o Pacific Tel & Tel 55 1952 at 35 ane ';f; (F;-'“;;{’ ¢ Philadelphla Co ref 63 1944. Tecenia. Lo X 3 % Public Service s 1959 nelair Ofl 7s 1937 clalr Crude Ofl & 3828858 - $ & N 'S B D ||q|.|1|aa.||||..|,|. 1|.|-,|l|..==.l|ll..l|mmlluqllk'¢.ua, SEERrFEUTSRS RS AT allloaal Il a8 E et L U T Bias a1 ks g ~HEFRER Am Tel & Tecl Am Tobacco..... Am Tobacco (B). Anaconda Aznn Arbor. © X 374§ +104 Asso Dry Goods 2 Assoclated Ofl. Atchison...... Atlantlc Cst Line Atlantic Gulf.. Atlantic Refg.. . Austin Nichols. . b b L Parnesdall (A) Bayuk Bros....... Beech-Nut Packs. . Beth Steel... v Beth Steel (B). Beth Steel 7% pf. .. Beth Steel 8% pt Brooklyn Edison... 1214 1815 + 454 Bklyn Rapld Tran. 314 1235 + 3 Brooklyn R T ctfs. Bklyn Unton G Brown Shoe. Burns Bros A Burns Bros B Butte Copper & Z. Butte & Superior. Caddo Central. Calif Packin, 11 Petrol 214 7 31121- 1, Callahan Zinc & Ld. { B ) Canadian Pacific... u8 + 44 Central Leather.... 303 6% + 2% Central Lea pf.. 3 734 + 138 CentralRROfNJ. 214 %210 +2 Cerro de Pasco.. a8 —-1 Chandler Motors. Ches & Ohto. Cht & Alton. Chi & Alton pf..... Chi & Eastn IIl.. Chi East&n 11 pf.. Chi Gt Western..... Chi Gt Western pf. Chi Mi1 & St Paul Chi M!1 & St P pf. Chi & Northwn Chi StPM & Om Chi Pneu Tool. 5 874 + 23 Chi R I & Pacific. i i 36 + X ChiRT&P 6% pt. 84%4— 2% Chile Copper. 294 1 Chino Copper. ..... Cluett Peabody. Coca-Cola.... Colo Fuel & Iron. Colo & Southern Columbta Gas. Columbla Graph 2 Columbia Graph pf. ( 8% 10 1 185 Comp Tabulator.... 772 N Consol Cigar. . 39 198 8% Consol Gas of 2 2 3 15 8% Consol Textlle. 143 + 2% a4 Cont'l Can (new). 914 487+ 1| 3575 315 Cont Insurance. .. . 1008 — 1% © 9% — Y| 5 40 135% + % & 245 Cructble Steel. i '_ 643 Cuban Am Sugar... 3 30+ 03| 2085 19 Cuba Cane Sugar. 23 15 5434 Cuba Cane Sug pf... 34 39 Davidson Chem. 5 7% 11655 Del & Hudson. + 5 85 Del Lack & West. ! 3 0% Dome Mines. Du Pont (B1) Eastman Kodak Elec Storage Bat. Elk Horn Coal Endicott Johnson. . * 2 S %—40 years' experience serving investors in Pere Marquette. 3 2 " Write for pamphlet “B and of- E. J. LANDER & CO., Grand Forks, ARG iy e S f APARTMENTS Phillips Petroleum. o4y 8 o You Invest- 211 || “DeforeYou Lves No. 1915 16th St. 5% + 134 Plerce Of1 pt. 415 + 1% il New Building s < s Piggly Wiggly. 62 134 Fire-proof Construction X B4 The above dogan is ours. Ve Eletator Service Pond Creek Coal. 43% + 1% "]-‘},?"d AbsuscHt NSt Apartments of 2, 3 and 4 ‘ Postum Cereal.. 1325 + 4% i rooms with bath Pressed Steel Car... 68! 6 +9 DISTRICT GUARANTY | Ready Masch Birst Prod & Refin.. 52 + 2% 2 rubu‘::;:'mcnw: R 130 + 134 CORPORATION | For floor plans and 131 +2 —has been investigated by more reservations Punta Allegre Sug. 55% 543 -+ 53 {|| experts in figures and finance Pure O11 313 + 224 ||| than_ any other institutiton of |f|]| See Ry Steel Springs. 116 5 equal age, and our membership Ry YT Ssal|| 5 componed Targely of these in Thomas J. Fisher Reading. 80 + 1% vestigators. Reading 18t pf. F 75 5 + 1% || and CO., lnc. Reading 2nd pf.. 535 5 + % | Remington Typr... 45% + 675 . Rental Agents Replogle Steel. 9 20 + 285 Rep Iron & Steel. 55 +6 738 15th Street N.W. Rep Iron & Steel pt. 15 92% + 2% = Reynolds Spring. . 3% o A%+ % Reynolds R J (B) 5924 385+ 2% Royal Dutch. . 7 51 + 2§ St Joseph Lead % 19— 4% StL & BanFran 15 255+ o MORTGAGE StL & San Fran pf. 414+ 334 LOANS 8t L Southwestern. 33% 36 +3 8t L Southwn pt.... 62 + 33 :.n..u—m o 28 u + 4| 3 . jeaboard Alr Line.. L 1% Sesmidttoe: U5 0 JStW Andrew Carnegie Wrote in Sears Roebuck..... 1 9114 + 434 o . § Shell Trans & Trad. 37 374 + 1% l!ls Autoblography: Sinclatr Consol Hloas Queligly “I resolved not even to own any stock * * * bought and :::::e::r;'::mi“" sold on any stock exchange * * * such a course should com- Boiihera Raliwes.. mend itself to every man in business and to all professional men Southern Ry pf.... * * * 1o sound judgment can remain with the man whose mind Spicer Mfg. 2 3 is disturbed by the mercurial changes of the stock exchange.” Standard Oil of Cal. Stand Oll of NI wi. Stnd. Oll of NJ pt. South Porto Rico Sugar 7s 1941 l andard Oil of Calif 78 1931 | Union Bag & Paper 6a D ! and poor. i United Drug cv 8s 1941.. ver, but market 5 U S Rubber 1st & ref b8 1947. 25 and 17 to 20 for U S Rubber 735 1930 puor kmc‘h‘1 Kl"‘?::: l S Steel s f 55 196 s pigeons an 2 "Ctendy af 30 to 35 & pAir for Fomer & umn mer and 40 to 60 for the lul!er.l bis of dressed poultry continue p d demand s fair with values Western Union Tel 6158 1936 R oy Wilson & Co 1st 68 1941. O D e s Wilson & Co cv 7%s 1931, demand not poultry, RAILROAD. ock héve Atchison gen 15 1985.... A ) Atlantic Coast Line 1st 451 e Balto & Ohio pr In 3148 1925 Bld. tome and poor and : Balto & Ohio goid 45 1948. asts will not sell for more 4 Balto & Ohio 65 1929.... Straight lots of young 4 i1 Balto & Ohio cv 41,8 1933, chickens will hring 30 to 32; old and 7 Balto & Ohio ref 55 1995, 8% Tased. 35 to 30 and old roosters, 16.| P28 7 % B&QPIeLEL W Va in 1041, 1l . are selling at | 3 to 5. Capons.| g5 & 7 Brooklyn Rap Tran is 1921, pounds and over, are Lringing Brooklyn Rap Tr 7s 1921 ctfs. ety 35 and 3, and % Canadian Northern 6158 1946 AP = % 7 5 Canadlan Pacific deb 4s. Nt nolslo e Central Pacific 4s 1949. i g, bt centered’ on W s Chesapeake & Ohio cv 58 1946 .. sraded stock at 1.20 to 1.35 per 100 Chesapeake & Ohlo gn 4%3s 1992 ‘wunds. with Maryland and Virginia Chicago & Alton 2s 1949.. ks bringing 90 to 1.10, and Chi B & Quincy 1st ref 68 1971 110 to 1.20. No. 2 stock. all Chi & Fastern 11l gen 58 ns. will not bring over 50 to 65 & = 4 Chi Great Western 4s 1959 50 pounds, selling ; % B 2 <hi )s & St Paul ref 43%s 2014 0 2.25 and 90 to 1.10 for o Chi M & St Paul cv 5s 2014 Iitogs e ex;l;rym‘lxl'\‘l. 3 Chi M & St Paul cv 448 19 rie = Chi M & St Paul gen 4148 19| [alc dEmERdsat Tan ;3’&};“ 5 it% Chi & Northwestern 6148 1936. k. Yams in light recelpts and & 764 Chicago Rallways 58 1927, ng readily at 2.00 to 2.50 per bar- | 5 Chi R I & Pacific ref 4s 193 And 7o to 1.00 for bushel stock. | e - 9 Chi Union Station 4128 1964 wtive and nearby garden truck in 5 Chi Unlon Station 6%s 1963 iemand and market rules steady at Chi & Western Ind con 4s the following quotations: Savoy cab- ! < CCC& St Lref 65 A 1929 [age. 1.00a1.25 bushel; carrots, 40a50 { 5 13 Cleveland Term 538 1972, bisket: hor sh. 3.00a3.5 3 H Colorado & Southern 438 1 e a 3 1 8 Cuba R R bs 1952 s\»rulnvl i ¥ % Delaware & Huds 1.40a1.50 2 =y Den & Rlo Grande con 4s 1936 0 bushel: turnips, 35240 basket 2 Den & Rio Grande st ref 5s 19 o nnlulw‘ firm at 2 52200 per. 100 A Detrolt United 4148 1932 D e th DAt ecenit and Erie 1st con 4s 199 With demand only_ fair the market o & 3is SEiEle merviten 45 190 at 3.30a5.50 per barrel for 2 | Erie cv 4s A 1853 cked stock and 2.50a3.00 for Erie cv 48 D 1953. Bushel stock selling mostly 4 Grand Trunk s £ Loose unpacked apples are (6% Grand Trunk 7s 1940 ng 1.50a2.00 per 100 pounds and Great Northern gen per 4-8 baskets. % Great Northern gen e . Hudson & Manhattan ref os 1957 829 % € Hudson & Manhattan adj bs 1957 63% 4 2 Illinots Central 5%s 1934 . 101% Inter Rapid Transit 5 1966..... Inter Rapid Transit cv 7s 1932 s Inter & Great Nor adj 68 1952. Lt 5% Kan C Ft Scott & M 45 1936..... o Kansas City Southern bs 1930... Lake Shore 4s 1928 P . olina Chem 8 f 7s 1947. this week. 3 R llpovalowlwoalalaal lllosal cvwnvan! lawax!l laal el e Bl I Follow this sagacious advice by investing your money in our First Mortgages, which never fluctuate, require no watch- ing, and leave your mind entirely free from your business. Ask for Descriptive Booklet “A"—IT'S FREE. WILLIAM S. PHILLIPS Submarine Boat.... 12%+3 Tennessee Cop. 1 1%+ 35 First Mortgage Investments 49 s+ 31| 1409 New York Ave. Phone Main 4600 Texesd Pacite.... 5 2415+ 2 Texas Pac 2 -1 77, i e T | Timken Bearing: 3 3%+ M Tob Products. . 5%, 5 +2 Tobacco Prod A 82354 2 Transcontinental.. 12+ X Unllon Pacific 1403 + 24 Unlted Druy 154 — . Tarted Wedts, e Why You Should Invest in Our United Ry Invst. 15¥ 15% 4+ 2 Unlted Ry Invpt... 38 363 + 534 First Mortgages 123+ lu, 2014 4+ 155 14% + 1% 8814 + 134 FedMines & Spf... 0% 4615 5045+ 4 Fifth Ave. 83 85+ Y Flsher Body of O pr 10i 8 00 + 1% 1634 + 1 213 + 1% Gen Am Tank Corp. 9%+ % Gen Asphalt.. 465 + 1% Gen Cigar Co. Gen Electric % Lake Bhore 4s 1931 :.eh:.h Valley 68 lqd L . . 9 . ,ouls & Nash unified 4s 194/ One of Most Active Saturdays in o Louls & Nash 1st ref 6148 2003.. 1065 Many Month teel To Market St Ry con bs 1924. . I Al E]ec&Ry & Lt 1st ref b : MStP&SSMé6iks 1931 Report Surprise. ! 4 2 _— i | | 1 tiie Associated Press. fresrd NEW YORK, February 10.—Profes- o 4 Missouri Pacific gen 4s 1975 =ional operations for the rise were '3 N O Tex & Mex inc 5s 1935 conducted with ‘Increased vigor in to- New York Central deb 6s 1935.. tay's briet session of the stock mar- | New York Cent deb 45 1934..... 91 il All groups move: gher cund under the leadership of the s NY ;‘;{k&"fi"é;fii:,"?: o gars and independent steels. Sales, A which exceeded 675,000 shares, made ¢ one of the most active half hollday | <cssions in many months. High prices for Cuban raw sugar «nd the Department of Commerce's iradiction of a shortage In the crops, further increased In the prices of mid- continent and Pennsylvania crude| ;g A a big increase in the divi- : Ore Short Line ref 4s 1329, . end on Atlantic Refining stock fur- Ore-Wash 1st ref 4s 1961.... ‘\he':l l]l\e 1m|iP‘lL\; for Shah advance, Pennsylvania gen 6s 1968... hich also was influenced by reports 1v. H ot expanding business operations and il by Sy AL B e o W e Peoria & Eastern inc 45 1950 weekly mercantile reviews. e g All of the principal sugar stocks Pere Marquette e on) 1950. soared to mew higlh records for the Reading gen 45 1997 vear, some of them to the h[‘hm Rio Grande Wulern cll 43 194’. Dricés In more than two yea s nouncement of an indrease of 155 903 rons in the unfilled tonnage of !ha 'nited States 8leel Corporation, after the market closed, was somewhat of a rise to the speculative community, o mad expected @ SIENt decrease: hecause of the fact that the steel cor- poration was reported to have de- clined a large smount of business 'll( month. SUGAR LEADS BONDS. NEW YORK. February 10—d8u company mortgages e § in mdnyl mn wession of the hons market, advancing several points on nnouncement by the De- partment of Commerce of a sugar shortage. Virginian Ry 1st bs 1962 —_— 2 ‘W-bnh 15t Bs 1939 Silkworme were first reared by a| 6 @ Western Maryland 48 Chinese empress 4,300 years ago. % Western Pacific 55 1945, ... United Retall Strs.. % +5 U S Cast Iron Pip; 3236 + 2% U SCast Ir Pipe pf. 2+ 2% U S Hoftman Mach.. 2246 — % U S 1Ind Alcohol 3 1% + 1% s U 8 Realty. 93% + 3% . These Mortgages return 6}3%. 6134 + 234 \ U S Rubber 1st pf. .. 2% 102 + X% . They meet the requirements of banks, U S Smelt Refin 7% 38 -+ 2% 107% + 1 120 2 Utah Copper. ¥ “zi 2,: . They are secured by first mortgages Utah Sec Corp... 2% +5 0% on improved real estate in the Dis- Vanadium Corp. 3934+ 13 Al trict of Columbia Va-Carolina Chem. 2B 4+ % Quarter c Va-Car Chem pf. 631 1 2 ‘Wabash lflfii li'; of a They are issued in amounts that meet Wabash pfA. 30% + 2% the requirements of all investors and Wells Fargo Exp. .. 9536 + 1% Century i b et 166 + 3361 R can be bought outright or on our ‘Western Md 2d pt.. 2434 + 134 Without convenient partial payment plan. ‘Western Pacific.... 184 + % Western Unlon.... 15 +3 a Loss ‘Westinghouse A B. 1045+ 35 P ‘Westinghouse Elec. 628 — % y ) Wheel & Lake Erle. 1036 + 135 Inter Nickel 7 Wheel & L Erle pf. 18% + 15 Inter Paper. 5134 7§ 3% White Eagle Oil..., 28 + 4% B F SAI l L CO Invincible Ol 9 4 White Motor. 3 % 5 & % 674 — Willys Overlan : B4 — WillysOvisadot... % 4% Main 2100. 1412 Eye St. N.W. W 199% 8 Woolworth.... 23 3% — WorthingtonPump 3§ 83 | % Ex dividend. Gen Mot 7% deb Gimbel Bros. . Goodrich (BF). Granby Consol. Gray & Davli .o Great Northern pf.. %+ 2% Great Northn Ore. .. i 30% 3135+ 3 Greene Cananes. 2 26 + 2% Gulf Mob & N pt. 5 0 42 Guit States Steel. 013 + 8% Hartman Corp. 9374 + 144 Hendee Mg 19% — % Houston Oil.. 753§ 54+ 134 Hudson Motor Car. ! 2%+ 3% Hupp Motor.... 26% + 1% Hydraulic Steel Tlinots Central. Inspiration. Interborough. Inter Agri Chm pf. Inter Cement. 'c.lol|m'nl|ml5|.;lml.-|‘ml|5A°.q~llu|ulmlln§llIlq.lll.- trustees and insurance companies. R H :.'35 é‘;*:'éi:; Seaboard Air Line con 6s 1945 Southern Pacific cv 4s 1929, Southern Pacific ref 8 t3 Ilasaltlall L saan Union Pacific 1st 4s 1947, Union Pacific cv 4s 1927 EEfgatageny 5 5 7 8 8 8 10 2 w L] o 10 8 6 4 5 5 4 [ 5 6 3 6 [ 5 3 6 6 4 9 6 2 8 5 4 5 8 5 16 8 3 6 8 % 7 I 3 7 2 1 7 3 3 5 3 4

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