Evening Star Newspaper, January 21, 1927, Page 15

FINANCIAL THE EVENING \STAR, WASHINGTON, D. C, FRIDAY, JANUARY 21 FINANCIAL. ‘ l | NEW YORK MARKETS. Your Banker Rnows. e [TNEW Y MARKET | |, oy voms e oo e St o i st & e [ Position Wanted - | frm: No. 2 western, 1.1514 f. 0. b, New | consult your banker. It is equally as | =g st 132 i f.. export. Barloy much his interest as yours to DYD‘QCI‘ —By man, age 28 married, fair { Received by Private Wire Direcs to The Star Office \'c"‘k“‘ nd 'l-',- G S SN ow | Your mavings. You trust him with (| squcation, good health. Proven | Eomiviadie-lap / your deposits —why not_ trust him || exccutive and selling ability ana fl | Our Fi 1 B ! o . \ with your investment proble: general office experience. o har inanci UN BRUAB UEMANDJ '\“ WILLIAM F. HEFFERNAN. i P el Woud e aoai "Tallow firm; &n ::'n;qmm:ui‘?‘n““')’1:‘,;"’»u:':xu’:.l;r‘,\r‘ — a xperts iunni htie G e fRn. B AR | ot vl o) e eie niay; monetary return is oftered. Re- Specialize Your were less interesting than they had Niptesing ; 1.43%. Other articles unchanged. HOME FURNITURE Lok Individual Case 3 been on sessions earlier in tha week .3 Noranga . % A R SR t EODDL CRRIBS And| (54 s o n eaear In LHe ek | L b iy 12 L ; » SA?dy Lwef pSo thern Sell | i e heiion Tnien | S 0 WILL WAIVE VISR SA0 HATEVER your fnancial sence of Southern Sell- | &roun was confinedto a few Standara | | | onopan Ext NEW YORK, January 21 OP).— issues, and event these moved over a | ot Verde Ext ' An Tuyers visiting the British ‘ l ans at 57 to 51/2% | r{n]’v]em may be, we can help comparatively narrow range. There | R ey s gl g rias fair, which opens February HOME OWNERS 0 you make a profitable decision re- | | v . 6 Yuk Alus indus > 5 0 : : ing Are Factors. . | was nothing new in the oil trade sit- | O YUk A8 L SR 217 \wHI ot have to pay the usual $10 e e o SR i T T et uation to stimulate further operations | $alesin INDEPENDENT OTF T | palegin s Visa fee, N was announced today. Ar turnltira " to a . $01" the ine AT o ey (e | Tupdteds. s ko 23 | rangemengs® have been concluded | o Intecest s T ler & Rutherford | nancial Surplus and the Investment 0t pre Eroup. however, remained unchanged, Beacon Oil E 5 ereby \thet buy may be relieved of | trust. Bring I “{ Ca ".L BY the Associsted Pre T s inchar = 3 s 5 whereby \the he Brit-| ust. x [ i i P NEW YORK, Janunry 21.—The cot- | bt .h..,pq was a disposition to take e 5 18 | the pagme "‘r\‘"'”:’\ e ity ihd "';‘;l"'a“ pleian el e | Loan Correspondent of the N ey P i .. 'n profits in recent favorites, . 4 sh consul. he fair - sta m; ol F7 # ever in the history o - ton market opened steady today at an.i Tmperial Ofl of Canada and Inter 9.0 Sery Liteoal. L1 | London and\ Birmingham. i Furniture Loan Mutual Benefit Life Ins. Co. it Sy T et ”l our bust rdvance to 2 to & points and showed | national Petroloum were exeeptions, 3 i Procurement Co. Newark, N, i 8 any investor lost a penny romewhat Incrensed activity in_early | bt their rise wa« confined to narrow 1) Gropa S i i o TLEAD LRICE REDUCED. | 1520 K St. N.W. Main 475 || i in cnp_m.l or interest through invest- trading. Prices advanted to-13.50 for | Niits. Wilcox Oil and Gas came in| § ‘ b 2 SR A N Y Y Y e ment in our March and 13.00 for July, or about 9 | for attention among independent is. | in i | Nmw yoru, Jandary 21 0P —The i 6 10 points net higher on covering by | sues, while South American shares | ; American Sma ‘ting_anc ning ¢ - | ; o racent sellers. a renewal of trade buy- | were left to drift for themselves. | I Laona s reduced (1 o price of lend from First Mortgage Securities ing and a somewhat broadening com. Public utilities iseue, especially the | on Ol ... 7.66 cents to 7.5\ cents per pound. | < mission house demand low-priced members of the group, were Tk 3 G i QSN A The New York Life Insurance Company Steady Liverpool cables and con- | hought around previously prevailing | 1 Mex Panuco e 2 =\ | off tinued absence of selling pressure from | pricos. United Light and Power was | 12 Mount: Prod : 2 "114 | ANNUAL_REPORT\ OF THE MERCHANTS | ers the South appeared to be the fac:|one of the most active, while Electric | 1 ottt d BANK AND TRUNT ACO0 2 Blirrenty, as re H 3 1 va ” to the Combrrollér yh tors on the advance. Bond and Share came in for attention, New Bradford O duired. by seotion: Jiy 8ek COrEran . D" | b . Private cables attributed the steadi- | Sugar shares were influenced by the | e AR 3 proved Osgobar 1. 1\ for the year ended Flrst Mort a e oans nese in Liverpool to trade calling With | better tone to the market for raw | oo R con o & R | : Drcemner st Todn: N 8k dntae l " continental buving of laté months, and | sugar Fajardo Sugar, at 1601, | Laalt Ck Prod. .. 3 1§ Nkt inG (00,000.00 reported a fair , business In €Oton | gained a point. Safeway Stores | e O NV 2ou Sy N 1" i . : il i cloths in Manchester. | featured the high-priced speciaities v ot o Total cxprmse” (or 1A P On Improved Real Estate in the District of Columbia - - - % advancing to for a gain of 4 L R 3 PETER A. 1 WORY and Nearby Suburbs in Montgomery County, Maryland X : 3 W New Orleans Market. s, f a ga | 61 Wileox O & G n E Hary B Allen 2 et 3 Years, 5 Years, 10 Years < 2 FIRST MORTGAG NEW ORLEANS, January 21 (#) g . §aies . STANDARD OfL, | Bay B Amold. 3 ) / @ood Liverpool advices and continued | Following is a list of bonds and | onn Am Ol 20% 2% | g M Biadle ) ) 2 unfavorable weather caused prices in|stocks traded in on the New York R Al e e 2 3 Holte k& Touime ) B Hom: 1 Office Buildings the cotton market today to advance | Curl, Market toda 1808 Eheasorgh Mz Peter M. Dorach Rolar 4§ 2 0 £ : B o NeTHas by Shoxis cavering, which 30 Cimprlan” oas | dar usiness Properties | ?)I;TER ENTURY i K i « - | and July, 13.81. or &to 10 points ahove LAl co im0 tia | 7008 Imn 0 5 gGhi 4 A Cdha Ti0n (B E A, ?\v”‘,\ AL RANDALL H. HAGNER & COMPANY A CENTURY brought March 13.48, May. 13.67.| 3Alb P Barth vte 13 ? | 10omn P L the previous close. Trading was held | 2 Am B B | 105 | 3400 Biee ol : 2% | ROk Jofth zm Ner. o Incorporated When this firm first began its in check by the uncertainty of the | i3 AW fhaar oo 1] . 100 Ponn Mex Fiini . 1 R. ¢ Marshall, J Ojrecto ™ or Trustees | —— ] E ) g E ginings total o be fmeued Monday. | 4 AR Gty 8 g {2600 prajrie O' & HENRY WHITE Dty i RANK % MoRTGAGE LoaN GORRESPONDENT | : service to conservative invest- First trades here showed a loss o Am Gas & Elec. . 7 | Ko Solar' Renn i 3 GHISELLI E. IRED NER (diie . . 4 St e 7 . point to a gain of 4 points. . ""FWI”‘ g < !,-’!;[l’:i.“n‘.mlium 0w 10Fs or trimess of the MERCHA ynly e 1321 Connecticut Avenue Telephone Main 9700 /[ ors—over a Third of a Century 3 A = 2 100 8o neas . ' he above statement fue ‘o the bes 4 e . . Bow &'1 34 “a8 {on §% Raneas. . . B e e e . 3 ago—a policy of double safe- Rolling 2008 O Neb'n 3 Wall Street Briefs [ | 4% £, :, LI AR o ) " BT A A W, | O . guards at every step was adopt- i 2100 Gal Sig Ofl bl ) g L s e Apartments 1400 Fumble O & R 0 : Y 20 Vit sme s S55EB323, 1927, Ford Mot € €. efriz 4 x Theaters i %8 Fod Sug 681 RNy i HHC & 4. i SFEE a5 A oty i 2 Am Superpow . | 108 O Ohio nfd 120 y: 2 FRANK E GHISE i 4 o . o] 3¢ ) P . NEW YORK, January 21 (P).— Tee B'C'n: 387 b i, BONDE Digtrict of Columbia, st | Il guided by the same policy. And o Now York. Sto ohiiEs T a5 g , pusands. RO Sworn. ta and. subscrihed hefore m ¥ this q p g | - 2 CEN The New Yor ok Exchang Banciiale Corp e {y 1§ Allind Pk 200 At o Jannary 199 | uitanle 0 el'a lve ul "1 SS n | today the successful experience ord figures, four traneactions totaling | 1 e 15 Am e £ g $725,000. Philip W. Smith and Alden b Jiill Corp A Am Seating. 6 M Available F f d 94m W8 A 1o: gnilipnisaedbind bscriptions for the 92nd Issue of Stock Being Receive e SR 8 | of a 6%,% FIRST MORTGAGES . i Century - Sonto 10 Aseo G & F 8e 1031 i » 3 e ? his membership for $175,000. 13 Coneol'G Bait ) 17 Ae Sim fard 8% 0500 19218 300 ll ¢ —your principal is safe, your oneel, Lawig, " 81 e e A | LOANS ave dystematically Without o Fouss peitcp y Bangor nn:‘l ‘Arm\slnnk R;«‘{hnnd, ml;i o T Bld. DBeaverv'd 8s. ... 083 0Rs eRN ! Reasonable Interest and . t .t no dividend increase on the common 3 ¢ 3 an . | i \ h S ®tock was contemplated, and the e.. 163 ; ¥ ]‘l B Tur & Eqa 7%8 80 8 Commission ln e ul a e investment 15 .V)lmd. rertaintien i - : 35 Cal Pile 9.] 07 4% . i March. The principal uncertainties in d an B Rws 4345, bas Hundreds of Wash- | In Amounts of $250 and Up 8% 4 o 3 "ons Te: & i ,awaiting Aeclsion, and the meeting of 1 Fageol Mot co 8 Coban T Ta A 100 1) I T T —for_safe investment of | . 9z 12 S Rt 40 A b+ 8 oy surplus Tunds. . Look | Main 2100 v 925 15th St. N.W. Directors of the Federal Reserve it Blseman e 01Y i | io the future by investing I vesterday in its rediscount rate of 4 a1 J Iy Be 007 on < i & R 4 Y Fereent, "The fingncial district has il G B 6 101 | M;"G'B" finda s e (il THERE 1S NO SUBSTITUTE FOR . SAFETY e 21 BT | otes n.w. Washington, D. C. 5 Am ‘Sunerow s E 1406 Vacutm O+ 102 % 109 i | FRANE e INER | | R : ed. Today our service to you is vealed yexterday the identities of r Birnsd HARRY 4. DONOH{'E. Notars P at 19 Am Pow Organized 1879 47th YEAR COMPLETED of these many years increases H. Vose, both of New York, each p 1 Butler “Bros 1 5Am Writ Pa 6s n entino, New York, paid $180,000, and | ik ohuHall Marx: Percy R. Todd, president of the Curtiss _Aero : Batavia Pot 5] 961, i interest is paid exactly on 58 But Gen Ei 88°A 103 » X fa1o8 Sawv ortion of the raflroad situation in Maine, he | B.& ; ; Gan ToRwy 4%e. ool 004 904 | Save a p : ! #aid, was the application bf potato . : 2 " Chite 'cop e 100k Tong 2ok Il JAMES F. SHEA || New ingtonians have adopt- : s ] z e, urnings sys ic: o X | the Maine Legislature. The road's 1y Fajarao Sug Co. 1 of Qudahy 2. 2918 0 ¢ - - : fpys ommend it highly as earnings were good and should be bet- §§;‘I';""-‘"fl~;r1'§ . 206 2 23 uanty D g 00 L4 cr B ly in the Equitable. a means to accumu- . o . reshman Chas. | 30 017 First o been anticipating a lower rate. ig oon Bak 5Gea “Trume a0 1084 4 Aseo Gas & Fi Salee in Direciors or T. wetees. | cent purchasers of memhership at rec { 43 Total number of directors of this o™ || JQHN JOY EDSON, President WALTER F. PRATT, Jr., Secretary 7 4Am o Suiff $ 104 Assets .$5,136,317.22 Surplus. ... 2 06, A Third your protection. In our the record figure of $185.000: G. Flor- § Cont Pip "G ; 5 Anaconda 8s_A. 1 Harry E, Collins of Toledo, Ohio, zot 3 Common P 1 pfd 1Ark P & 1, 58.. ¢ | Fll‘st Deed Of Trust (’ i Pub pfd. 1 Beacon Oil_6s... 1021y b schedule. And you know your ugual payment would be authorized in g I 1 Can Nat Ry 7e. 111% 111 Prompt Replies to Applications I N P oot 1 b . yyour shippers for reduced rates, which la » 643 Louisiana Ave. N.W. b ed our plan, and rec- ter, he believed, in the first halt of | i Forhan G0 A 20 Dike PP 65 3. 10850 61/ 7 " CONSULT US Wa¥ch how quickly late money. Start to- 2/0 Bank of New York made no change 3 Foaman ow Bs 97 wm. H. Saunders Co, Pt e g 4 1R Gulf Pa 5s '47.. 1008 New construction outlays in 1927 Gitlette "SR5 B 3 ;i 16Gult St T be A 0BG -o - - s ke v 1 Gleason Prod ¢ 1 Hood Rub s 0 e e —— for the Fitkin properties managed by 1 Gien Aiden bt 7Ind Limestone s 0R7% the ‘General Engincering and Man-| 4 o e (o i 1 Ind BB 0T 080 1hA% WE FINANCE ! agement Corperation will approxi- ] grand Store. 3 (RN Gr Nor oo B ans] o B s e ol AR S s ts ’. mate $28.000.000, C. A. McCullough, o LR A G 17 Tnter Paper Gn. . 081 ¢ L: L Specialt: | i ager, told the annual © Happiness ¢ 8t A 49 Lehigh Pow fx A 08 arge Loans a Specialty 2 convention of the corporation ut As | & Habeinets € & IRAET A 1 rent Int. rate and commission All of This Stock Has Been Sold bury Park., N. J. About $20,000,000 3 Reveaed: [oredne ; 33 o 8 lh 4 100 - Doy | Higbie & Richardson, Inc. will be spent for new power houses, 2 Hirea Ch A 0. YoLep e R aan God oo 816 16th St. N.W. hydroelectric deveiopment, transmis:|. ] fopart Mie . Yor &ce Tige 10 10 | - 5 Sh sion lines, substations and oth ' Raycor AL q ARel IS 08 A7100 | Box 2 41 ,000 ares major improvements. 5;23 Si o ok § re Y B pRil ~ ST Qo PoBe 52 B 0810 oAy i€ SPECIAL FUND fign o & g iy iy il Qe e s s Victor Talking Machine Company PR e Wor s Jiey Structural steel’ contracts placed in 32 Johne-Man n' ‘wi, 67 INTEREST the lust week aggregated 22,000 tons, 15520 Sosl & Hav WM. H. NA}"N{“I’)"I':.RS CO,, Inc. Common Stock in contrast to 60.000 tons the week be. 7Leh Val € fore. Pending contracts total about b SalC gtles 1233 K Street N.W. (No Par Value) 8000 ¢ § 250t S, 500 tons. b Oyweng Sh 7 B = 2 4 Macan & ¥ © The inflow of gold from Canada 3 Marmon Mot " #inee the first of the year was brought 18 M Al T o 1 to $26500.000 with a shipment of $3.- 5 Monawk vain 000,000 to the Canadian Bank of N:{l;\_;‘ ;4::;1. IIAI') Commerce in New York. e Tl A A — Nat P & L 78 nf 1023 2S5 sa 22358 e TS PEREE FEE < 1335 Slere e i P ERE EES FEE Ser B. 164 Washington Stock Exchange 3 W% ™ SALES i B ot -, TE ™ rs 00 108, orthe Pn_‘ n.. 178 ThnER B AT 000 Wal%8i000 at % parke Dav o Co; 130 TG0, Lt Sz Ol o 75 233 P iS55 E s 2 Sehiilte R Fe s sifo 88 Bl o i I?nr inferest and eommisston: Janwary 17, 1927, cepies of which may be obtained from the undersigned, as follows : O N Y 4 pAwie e Cogi 2 ; g Authorized To be outstanding®® ah Tract_Co—10 at 1085 8 at 100%, SEen 0B 0% 88 <RI Coma von Stock (No Par Value). ... e . *819,015 shares 575,685 shares B st 485, 2 Philip Morris A —RROKERS— 975 shares Convertible Preferred Stock, 4,599 shares Common Stock. n Mon.—10 at 94 " 5 ’IZ%"«? ?'oé'- ble s & T & Stge. com—10 at 114%. ‘\] IR A le *1 Unlon Tel 5& 10: 2 312 Evans Building CALL. 5 R and Kar B war 61 o 12 Raden 7e ’ gt | recapital\s tion approved by the stockholders January 17, 1927, and do not represent new financing by the Company. AMER P! Wash, Rwy & Elec. 6s—%1.000 at % Roy Ba Pow pfd 101 ancton—10 at 94 58erv E1 Corp Danish Con' 5155 mm From the beginnia, itk Company has maintained a position were ds falitay B Fin 74. 10013 5 . ; - el it : % Southw DAL We will gladly receive contitiite & oliectio ny the warld's greatest music interpretec 1916 8,679,251 1922. 6,408,841 b o L1001 give prompt attention Somericas Tl 1 Stand Fu ( 2K Mia Mi0 M 7e. 10670 and g I pt at been one of the best kaa wa trade marks throughout the world. 1018 31150627 1024 1.227:426 5 il % o8 Sorva) e e o A 1R = My i Lons i kel bl A L loney to an e i 3 9 134 i 1 lowe Sneft e" 50 b frc et of it o aat etat, Edavard E. Shumaker, Esq., President of Victor Talking Machine Company, has summarized his letter dated £ 14 420 Wash. I.. ® Trust 53 Sonihea p k1 b . Weller 501506 F N AT O G ; | : 5 CAPITALIZATION 180 SuTsls 02k Thy - 0N | : In addition to $6,900 par value non-callable Preferred Stock : 4 A\ Tien & Co Blga: 064 y 7%\ Cumulative Prior Preference Stock (Par Value $100) . $20,934,000 $20,934,000 It na 81 3 A 5 5o 7 benn Gae & J 0, of, I s wi e g 0dd Lots Carriea on Margin $6 Q\ mulative Convertible Preferred Stock (No Par Value). .. . uz.n! shares 122,115 shares % o Sec. . % ‘. 18t 703 5 at 103% 4 at ol 5 1 Peov Drug Stor *Including 244,230 shares of Common Stock reserved fe rsion of ible Preferred Stock. g Yot £ adel R sond | SR T i, ||| Buck & Company s oo b 30 Fr e e Merch_ Bank & Tr. Co—10_st 180%4. 13 Pitteb & Lake E 1 Pic 645 10° ; | i e e et A oh el 6008 10dx, 102, S . The Company has no funded debt. Bach share of stock has voting rights. g i 110. rush G E F = Py £ rrenthaler i e Yo at 7%. SRS R . By 3 4 |falesin ~ FOREIGN BONDS 1420 N. Y. Ave. N.W. The Prio, Preference Stock, Convertible Preferred Stock and Common Stock are issued in aceordance with the plan of __, E? Real Asen Bklyn 3 Buenos A L 3 i «h. Gas 6s '38 B—S$1.000 at 103%. 1 # uénos L] Tel. Franklin 7300 il % . = P YR 1 DL g et i : lienos & é ; aids ittviie Whide 06 Mow itk . BUSINESS:\, Victor Talking Machine Company, EARNINGS: Net earnings for the 12 years ended Georgetawn Gas Ba—80.800 at 8%, kMot s A 3 o incorporated in W01, is the largest manufacturer of talking December 31, 1926, after reserves for depreciation and Cap. Trae. Co—10" at %mm a0 21 Safeway Sir. D81 machines and recards in the world. Federal taxes, as certified by Messrs. Price, Waterhouse & Co., aipethaler-S80 41 210,740 2 F0« Seeman Brok 4 urm & Wain 6s ' ware (including the Company’s estimate for the last three months) Moser—Gall Jgubo by nad i per Fon 3% Singer iy e Comar 073 2 1030 of leadership throwg h the excellence of its instruments and T Vi Bid and Asked Prices. 3 Bou gl Ui A % 3 cone E 8142 gse Tabi ToAK records and througlyyits success in securing the services of the e A { e - BONDS. Jgou P e Lo pt h»“" "_/-7""\]:": i greatest artists undlr exclusive contracts. Victor records 1915 7,388,600 1021 $4,100,415 o 11: PUBLIC ET!L‘T\'““E“: 9 15td Com Ton . o A by the world's greatewt artists. “His Master’s Voice” has long 1017 51451027 1023 6,568,850 Y DR i M 7 ww.. 971 it Amer, Tel, & i 5 1 8iroock & Co .. e A el || to applications for » Amer, aely &l i § arpack & 3 Mendgza 7in . i : PI The Orthophonic Vigtrola and Electrola, introduced in the 1919 4,611,171 1025 5,532,253 Sreit P olisae 1350, H e ot. R R ' SRR to 10 Mor Bk Den 8. 1011 100% . ki ST 800, **8,000,000 Anacontia, & Dot T, 2] pAme e Moy Medeifln 2 1038 108% 1044 |l Loans on Washington latter part of 1925, andyt e Orthophonic Victor record, placed b I . Ay Pot, puar g Tamog Eln Montevideo 6s A D315 9318 paty | h ket in the GaRl of 3926, e ter extraordinary charges and adjustments. ¢ & . Telephone of 5 : Tod &xp. . TPeru Tips. ... 1001 Real Estate on the market in the fal , embody the latest *including Company’s estimate for last three months. & B Telemhone o1 02 e prans s Pre 'k 2 Rio Grande 78 wi 98 1y developments in reprexdicing and recording sound, and Citr & ‘\Ih!l;!'nll X ung_80 Lamp A~ Georgerow! 8 M 1 3 Uni Bh t B 3 g =5 > B e 3 Rue G 3 SR , ! . - ; 3 15008 Rans g .cf8 1 | Current rates of inter- represeént the greatest walvance in the industry since the Net earnings for the 9 months ended September 30, 1926, HRE SN In g db 1% i est. Should you have | invention of the talking mwawhine. The Company also combines after reserves for depreciation and Federal taxes, as certified, Shom A "2y B8 1081 4 i I | in a single instrument the M)rthophonic Victrola and Electrola were $5,195,054. For the entire year, net earnings, after BAN 1 e 8160 1028 e | Money to Invest with the Radiola, manufact wed by the Radio Corporation of reserves for depreciation of about $1,140,000, but before Stinnes H 7k 30 1 —we can also take care of America and its allied coapanies. The instruments range Federal income taxes, are estimated by the Company at oy 0 S e in price from $1,000 for the ka rgest combination machine down $8,400,000 and, after such taxes, at $8,000,000, taxes being A e s to $17.50 for portable Victrod1 models. reduced by about $749,000 through allowance for losses in the tending over a period of preceding year. The net amount for 1926 without this tax Thirty-f Y. ASSETS: Current mt!\ n_September 30, 1926, as reduction would be about $7,260,000, equal, after deductin, irty-iive Xears shown by the conalidacedy, balance sheet certified” by annual dividend requirements of the Prior Preference a prlct. Waterhouse Co., including $12,971,138 Convertible Preferred Stock, to about $8.90 per share of 2 St P R Sooams MtV 8 Dist N pfd Faeh . & Annav. i " Gypsum. ... Washington Gas 5 t ¢ n'x Ht n Washington Gas . ) P & L vie Gas. 6= B Warner Bros Pic 3 Rwy. & F 2w Datry P vte B Ry & Elec. gen & 3 West Md 1st pfd MISCE! FOU! "&flq:\‘ .M:A“h”" g g vy O i B s T Yoon D i —insures your protection. Messrs. 1 --m‘;hl‘.":‘l}“ Dairs 0%e. 10 : e 4 : REe in cash, Liberty Bonds, Truasury Certificates and other Common Stock, and after deduct also the annual oS0k T BK 5% fille iieds + INING STOOKS, marketable securities, were $.4,129,013, as against current Prior Preference Stock sinking fund, to about $7.80 per share. M indrea ercy ussell Co. - hem Bldg. B1&8. .o 4 g b CHICAGO, Sinis ¥ " = liabilities of only $2,817,249. T o\ al net assets, including land Since organization in 1901 the Company’s business has been i Cold Storage Am Tin & T.ung . . January 21 (United ly ” g ga L P aibark Hotel s . 07 nelo Chil € N States Department of Agriculture).— | as appraised by James F. Baker (1>., and buildings, machinery ofitable in every year with the single exception of 1925. In Wardman ans & ure). t! t. N.W. pp! y Ing: Ty pr pt STOCKS. Saesit gt Ay 3t 13, | Hogs—Receipts, 26,000 head; fairly ac- | and equipment in Camden, *W. J., the pnncipal plant, that year net earnings were $931,358 before writing off . Bme cla M §o tive, generally strong to 10 cents high- | as appraised by The American®, Appraisal Company, were depreciation, losses due to the abandonment of old models, and PUBLIC UTILITY jipeka s Droneye. .03 Ordthnn yesterday's average: medium | ! $51,093,812, equal, after deducA ng the par value of the extraordinary expenses incident to the development and American Tel, & Telga i st Thought G K {03 :"’(‘sl’:‘r&"'finf“gfih" hl"(‘:):'r ’g;fl;'m i Priot Preference Stock and the Ca nvertible Preferred Stock introduction of new instruments and processes. e SHlon . s + - : top, st ] - - . = Waeploetony G4 oL iioat. 273 cholce light hogs held higher: bk ds. | Continental Trust Co. at $100 per share, to about $32 per ¢h\ e of Common Stock. B e o ey ooty i 0T cals e e ptd i . e 5 veights, 12.00a12.15 5 " -~ e Briomac e Bl IRR COMMODITY NEWS sl e MR dath sl g The valuable patents, rights and tn 1d names are carriedat Stock in every year except 1926, and on January 17, 1927 Wach, Rwy. & Eleck pfd. .. 90% TAR F| demand narrow: bulk, 11 12, one dollar; the master records and’ matrices for its entire dividend of 8% was paid on approximately $35,000,000 par S RtIRAL BANE. WIRED STAl ROM vyweight hogs,11.75a1 i " collection of records are likewise can ied at one dollar. No value of Common Stoc! oumnn«!_)in;priono recapitalization. A ”:x‘al‘(;hu‘fl s 3 ENTIRE COUNTRY : s 11.751215; lig Capital $1,000,000.00 valuation is included for goodwill. stock dividend of 4163¢ % was paid in 1911and of 600% in 1922. S . 2 f d : packing sows, e .: % y & £0n11.50 & 'u;xhler pigs, n.sn.w; 10 | i mers & Mech p E MINNEAPOLIS, Ja ey 21— attle—Receipts, 4,000 head: & . " st ock Excha e ; 203 k. ‘n”\.‘,)l(:x:' .‘.f..,ff Credit 4‘.;;':Anralnnl'11 }:; steady trade on most knn::(.-m ke Checking Accounts | This Stock has been apy roved for listing on January 21, 1927;on the New York St nge. Minneapolis through rediscountin, market on a catch-as-catch-can b 11 e Hederal L stmedinte Croatt | Dullc ateers find sne ¥1ook of 1on’ Blsin Savings Accounts | All legal matters are subject to g the approval of owr counsel, Messrs. Cravath, Henderson & de Gersdorff and N et Wasn, | Bank of §t. Paul has made more than | Quality predominating: most fat steers Time Deposits Messrs. Pitney, Hardin & Skinney, , and of counsel for the Compawy, Messrs. Hughes, Rounds, Schurman & Dwight. nATHA O TRAR; - - £500,000 loans to livestock producers. | Of value to sell at 9.75 downward: ab Eassi Exch TRUST CONPANY | The rate is 6% per cent. sence of shipper demand weakening oreign kxchange 1 few loads of good steers, with weight Commercial Credits | Wewffer the above Stock for subscription at CHICAGO. SEE Sl for | INcluded in run; feeders and stockers scarce; steg stiy 8. nice i i BRI s allronds have | 1carce; teady: mostiy 7.00a8.00; choic Travelers’ Credits \ ‘38 per share. L3 St A BT~ £t Enion Trust i < ol i gt G vealers, 50 cents to $1 5 Washlngion Loan & Bl o in ihis districr. Out ot 1121 lower: mostly 12.00a13 00: few 13.50. I""Ele“ Cheques SAVINGS BA . on fistrl £ (ot AL wep—Receipts, 9,000 head: low; cceptance Credit 3 S e = , B { Bethesds Cors GRiared Hince Pre anidlle of i | It tamibie st Sosedy: J0p 5 Ship eptance < We reserve the right to close the subscriptions 't any time without notice, to reject any application and to allot a smaller amount e ;vafl.‘4?.f’"': g o b A Ittt - fi‘g{,’;‘-e‘%,fsmf“;;d”:"’m gt T Collections than applied for. Temporary stock certificates wal | be deliverablein the first instance on or about February 1, 1927. v Gavinge & Com 3 trom olce 92 verages to shippe! ' . G P P the cigar | 1230: bulk wooled offerings, 12.25s | Real Estate Loans cron Mashanios ] 3 rers of York County are | 12:30: 800d natives and most heavy of | Collateral Loan: . e L York County are|forings around 12.25; extreme weights | : . Fies 2 : us complaint against 11.26a11.50: Fall clipped lambs held | Investment Secu J w seh an& CD k Y 4 re are unfair practices | ground 12.95; strong.weight wooled C e Tousk | . . gm o s : competitors. Some makers. they | Gutla. 10.06a10.50 oy Encaans e orporate Trusts |allege, are selling the alcohol they are : ML ewes, early, 6.00a7.00; no choice me- | Individual Trusts L et e Bermmiien T . foc neIn' aKing | e weieiin (037,00 Mo cholce me. | : H &C Haydeay, Stone & C Chas. D. Barney & Co. s 5 g | Jfor bootiegging purposes and [ Steady to weak: butk - i¥asarsss || Administrator, Executor arten 0. ay ‘. ne 0. as. U. y 8 3 |Wih those profits as a backgroun ; . : ; 2o 5 | e able to ‘undersell competitors, in | Ciolce) jfanse feeding ' lambs held ‘ Safe Deposit Boxes . 3 o [ihe cignr trade : Jackson & Curtis emp oyes & Co. | production, when 57,506 Oaklands and | against $7.57 a share in 1925, Nei | : T i b i01% {76499 Pontiac cars were turned out. |profit fell to $1.957.5%9, from $1,601, | The statemeits contalned hereina - s P et 546. | 14th and H Streets : are not teed, and are in 2o ex 2nt to be construed as representations made by us. : | Pontinc.+The Oakland Motor Car| Artloom Corporation earned $5.57 a | o |co.in preparing to_exceed”its 1926 |share on the common stock in 1326, || Continental T"ut Co. 111 Mige hv. BOONVILLE, Mo. The weather so Paoples Drug Stores nfd 10 - ‘ 3 co. | P’y Jenuary 21, 1927 ey A rant 3 ... |far this Winter has been most favor-| Net profit of Purity Bakeries Co. i 1,01 00. g Wl on ST b4 !,ms for the 1927 apple output of the [fer 1926 rose to $2,433,826 from | Capital $1,000,000.00 = 430,336 the year bet " " » ¥ Qzarks. ; lk % or ~