Evening Star Newspaper, February 9, 1927, Page 15

NEW YORK CURB MARKET Received by Private Wire Direck te The Star Ofice Following is & list wtocks traded in on Curb Market today. the INDUSTRIALS Avolin We “1 Al G S Ala Gt s % Alim ' Co 8 Am Arch Co .. ! Am Cigar 23 Am Gas & F 5 Am Hawailan TAm L & Tra 2Am Seat vic iAm Superpow 2 Am Superpow 1Am Super pr 1 Am Thread C. 1 Am 46 Amo G, 3 Atlas 72 Bancitaly Barnsdall Corp’ . 100 war 8% 0 Blyn Shoes Inc. 4% 4 Brill e 8 Brill 7 Bkiyn Cits R R 1 Can Tnd Alcohol Celotex Co Cen Aguirre Sig 10 ent Lea 3 A vl 22 th wi i I 165 1, Childs Co pf 119 Y Cohn-Hall "Marx. 20 1 Col El Pow n 23 Commonw P ( 1, Curtis Pub a3} Curtis Pub uf De For R € vic + Dixon Crucible Dominion St Lid * Dubilier ¢ & R 4 Dunhill Inti 1 Durant Mot pshmal? Chas en Pub € pf.. 1087 1 Happ C 2 Hires Ch A S int Coner Ind.. 2 Intern T'til B 4 Kawneer & Co Leh Val ¢ 1 Marmon M Mid W Tl pfd. 1111 Mohawk Hud Pw 201y Mohawk V. a8 1007 12 Pan' Ohfo Soc P Oh Fd fe ntd &1 5 Penn' ON FA war 1110 . Far Pow (1813 A 1% Eitas a0 180 Mo & Tak L Pitts Pl Proct & Gimhile iR wi rwin Wms Co 0 Sierra P E ofd 0 Singer V1o 1 %on € % San @ B Swift Int T Tamna L Tex P & 1Todd Shi 17 Trans T Pi | Trombull St % Tuh A S B viel 155 Tni & Tnit Tob R4 Tin Art Thea Cir 95% v Riscuit A adn; n Bisenit B 101 Wi 6 Tmn © Tn if & Pn A 7 Aaglo_Chi 20 Ariz Glob i, Bunker Hill 1 Calaveras Cob 1 Cons Con Mines. Hawthorne M Hecla Min > Hollinger Conper' ‘Cor 1 br ‘mw Goid M. 10 Red Warrior rearhead Gold Am Con Oilfids Am Maracaibo € Ark Nat Gas Beacon _ 01l B synd arib Syn ofs dep ib Sy i Serv n Serv pfd t Serv pfd B 1 Pantepec Oil k. Of STANDARD O1L in units 700 Anglo 100 A A 200 At )0 Conti Am 01l Cumber! P 1. W0 Fureka P 1 W) Gal Sig O 1 S0 pf @ \ <0 600 Humble Ol & 00 111 P BROD Im 100 Obi 00 1'ra 10s 0 Ol s 0« 118 1600 Vacu ! 107 1 lon BONDS B fhousands 34 Alliet T 22 1 Alled px &5 & Al 20 8 Ahm o LAm Gax & E 3 Am Pow & Lt i Am Aon Sl &2 and York | G of bonds 1881 L Ghile Con 5. 66% ‘A | 0 1014 nn Tex R T T Contaiy C A"k BR1, Yas A 1118 1, 93l 0Tin 106 % 100 1087 1047 14 Gatinean 4 Gen Mot 6 Pet T & R Ba - 1 Grand Trak_61yx “ | 44 Gulf O Pa 58 ‘47 | 3Ind Limestone 6 Ind Ol & G Blas Ind P & L be A 3lnd P 1 Int Gr 2 Inter Lehigh Pow 5 Lib MoN & 1. 104 1 Lig Win R Est 108 4 Long Tal 104 om E 04, | rory 'St 081 20 Manito P 5lga A an 1} Mase 5ibs. 1033 5 Nar o Be & a0 D Prod 901, P&L 6sA 0015 P S dpe A 99 Cons Cop By 065 A Wi 10010 < 10! ITEEN s 100 99 15 1004 101 % 1133 1 Ohio P, 11 Ohio Riv 14 Pan Am ¢ | | | 1 | Toty | a0 |81 e i i0a"™ | o | 9 We Union Tel b 10115 FOREIG 10115 | Sales in N BONDS, thousands. 1007, a8 5 | 2 | 100 3% 1007 | tin 01 1.8 1082 it =l Montevideo 6 | or B Chile | | Grande anda Falls axon P W Sax S Mor In s Sie&H 6168 1 ni 1 tate Hamb' tinne. H B0 Stinnes 1 0 s e by 102 | 1 106 100 105% WOOL PRICES FIRM. BOSTON, February 8 (Special).—In- quiry for medium wools continues strong in the Boston wool market and | prices are firm. While some dealers | are holding three-eighths blood terri- | tories up to 93a95, the market for this | grade is established generally at 90a | 92. For Ohio fleece wool, quarter- | | | blood of choice selection is offered at 46, grease basis, but the bulk of offer- | ings are at Fine territory is quoted at 1.10a1.12, half-blood at 1.00a | 1.02, French combing at 1.02a1.04 and ! quarter-blood at 90a&2, clean basi Fine and medium fleece wools are held | at 45846, grease basis, ORDERS BRITISH TANKERS. February 9 (#).—The | g Co. of Pittsburgh has | placed orders in the north of Eng land for six oil tankers totaling in value £1,000,000. (Quioted by Alex. Brown & Sons. Ciosing | Approx Asked BRRaAsARLRS T FOREIGN EXCHANGE. (Quotations furnished by W.B. Hibbs & Co.) | Nominal Selling chec wold v: today London. pound. 5 Montreal, dollar’ franc. . o Berlin, mark Rome. lira Zurich, franc.’..’. Athens. drachma Madrid. peseta..".. crown.., crown., erown openhagen. Crown Oslo. crown. . : | Stockholm. irwn 000014 14 0014 1 of Amer. 7w 1933 & Tel. Co. 4x 199 reud Co. Gx da Conper Bs 1929 ted Oil 6s 1935 00 ore & Ohio 6e 1920 /I of Canada b8 1 C.ilys 19 | Central of Georei 619 3 &St “Copper con Y008 10013 i doodye; [ Great Nord Herstiey O Wimble Of Muns. Ga { Morris & ©o. Y. Alrbrike New York 1 8: St Co Wheeling Steel € DIVIDENDS. Pe- Pay Rate. riod. able Atlas Powder s Krenge (8 81 Co o, pt Mar 31 Mar 31 Mar 4 Mar 1 F Mar 15 ke Mar 31 Mar Mur it Mar Apr Apr ) Mar 31 Mar Mar 31 Mar Mar 15 Fel * Mar 15 Feh Apr 1 Mar Avr 1 M Mar Sherwin Do pt sun 0il' Co Tenn Cop & Chem Wiliiams fooocottottict oil production of B Corporation now exee ) 000 | réls duily, The company has {interesting strike utler [ wade an County narthest of Wichi | realizing {in the | opened 7 to | ping a . | pound average {12.10; | bulls | weighty in | lower; choice Jambs held around 13 jaround 11.75 fo FEDERAL I.AND BANK BONDS | K Mar 3 | | sddall Kan., near Benton ta, where a well h flowing 700 b and. v 0] 8 102 it a6 1% b at one " 100% 5 heen brous foot in the it in THE EVENING VALUES ARE FIRM IN COTTON MARKET Likelihood of Farm Relief Ac- tion Has Stimulating Effect on Prices Today. By the Associated Press NEW YORK, February 9 ton market showe The cot renewed firmness at the opening today, prices advancing on reported prospects for early action on the farm-relief bill in Washington | and the firmness of Liverpool. First prices were 2 to 8 points high er, the market soon showing net gair »f 10 to 13 points on covering, While there also appeared to be trade buy ing to fix prices and lar »mmission house demand. May contracts sold up and October to 14.57. The < within a point or twe of 1t the end of the first hour, lie advance met considerable and a little more hedge ssli- ing from the South Private cables ry | with London | although ported trade calling and continental buying Liverpool market New Orvleans Market., NEW ORI ruary 9 () Realizing cansed cotton prices early today 1o lose 6 to.11 points after they 16 points up. The early advance was contributed to large spot les in Liverpool of 12,000 bales, fa ble farm legislation outlook. good spot_demand and large exports. At the highs March was trading at 14.04, May 14.20 and July 14.33. The market here was active and strong with fa vorable Liverpool cables reported CHICAGO LIVE STOCK MARKET | CHICAGO, February 9 (U. 8. De partment of Agriculture).—Hogs- Re. ceipts, 16,000 head: more active than early, mostly eady to 10 lower than vesterday's average top. light light in fairly broad demand on ship count; selected kinds held 12.30a1 bulk 140 10 200 2.25: bulk 210 11.85a12.10; 10.60a11.00; strong pigs, upward to hogs, 11 2.00 : light, 11 : packing ughter pigs, 11.5 Receipts, 10,000 fed steers strong to r; others steady around to 300 pound butcher: bulk packing sows, weight slaughter heavy- m:m medium, 11.8; light light, 11. 10.50a11.10; s Cattle weighty head: : eutters and common ows steady: other grades strong 10 to 15 lower; ers steady: early top fed steers, higher: numerous | demand 11.75; bulk fed steers, | medium bulls above 12.00a13.50 to packers ald.0o. Sheep-—Teceipts, 15,000 head: | few early sales wooled lambs, desirable kinds, e b best rlings, 8.00a11.25; few 650 vealers, outsiders, 14.00 10 ta lambs, 12.60a12.90; 11.50a11.85; culls, steady; fat ewes holding best ar extren 10.00a1¢ mostiy und 8 asking * choice handy-weight vearling wethers; feeding and shear- ing lambs steady; desirable feeder 12.50a13.00; mdium kind, 12.25. WILL USE PROCESS. NEW YORK, February 9 (®).—Im- | portant producers of cast iron pipe in Australia have been granted u license | to manufacture pipe by the De Lavaud | process on a royalty basis, which will | evert to Centrifugal Pipe Corporation, | ontrolling the vaud. international De La WIRE PRODUCTS DOWN. NEW YORK, Februar) products are a ton lower Pittsburgh d Plain wire nails are $2.40 and $2 Wire fence is unchanged in the wire and a keg TREASURY CERTIFICATES. (Reported by J. & W. Seligman & Co.) STAR 5 high- | slow, | | 9 (). —Wire | WASHINGTON WEDNESDAY, FEBRUARY 5§, 1927. WHEAT HAS SETBACK ON DAY’S CROP NEWS] | Temperatures in Winter Terntorv\ Not So Low as Predicted and | Prices Take Turn Down. | By the As CHICAGO, | peratures not the domestic | wheat underwent : | day. Bears were the fact that the Liverpool | proved unresponsive to vesterday |late advance here. Opening at % to| |12 off. Chicago wheat quently | showed a moderate further decline | Corn, cats and provisions were easy corn starting at % lower to Y% ad-| | vance, and later holding near to the | initlal’ range. In addition to reports It the cold wave over the | wheat belt was turning out | less severe than expect showed timely snowfalls in the outhwest and West. Over western Kansas, in particular, 1% to 4 inches | of snow was noted. affording needed | moisture as well as protection Unexpected relative weakness of the Liverpool wheat market was ac- | counted for here as due to talk of heavy Argentine shipments this | week and to pressure of offering from Australia. Word was received too, t t demand abroad had slowed down. ebruary 9.~ With as low as predict Winter crop terr an early setback to also encouraged by indicating Win to be advices i . | A Fool and HIs Money. Tne fact that a stock certificate 18 printed in fancy green scrollwork is no proof that it f= worth any more | than ordinary wall paper. Thousands of people in Washington would have saved their money if they simply had asked their banker to teil them what he knew of some supposedly wonder- ,‘lul Invesiment Fromnt Action. First Mortgage Loans Lowest Rates of [nterest and Commission. Thomas J. Fisher & Company, Inc. 15th Street. FIRST MORTGAGE LOANS | 51,%-6% Applications for first mort- gage loans prompily acted upon by our Loan and Investment Department. W. H. West Company ed 1891 Main 9900 Money to Loan | Secured by first deed of trust on real e Prevailine interest and commiss| 420 Wash_ 1. & Trust Joseph I Weller {10k -8 iy [ DUDD[_]DDUE!EJDDDDU‘ st Mortgage Loansi | Loans at 5% to 539 “ Economical Conditions Tyler & Rutherford Loan Correspondent of the Mutual Benefit Life Ins. Co. Newarl, N. J. 1520 K St. N.W. FOR SALE OR EXCHANGE 14th St. N.W.. d-story fire proof apt.. containing and one store. Snd ‘trust property subjec MR. NEALE Woodward Bldg. Main 475 HDDDDDDDDDDDDDF HOME FURNITURE LOANS HOME OWNERS Up to 3200, within one day If you are Buying vour hotme. 6% Intarest and brok roeet 3" ed tape. We take 3nd. 31d or et Bring (n what papers you have 1" Vour home. il you domt own your Home we Togw wp & 3118 00 Roseliold Faraitee. “AT money repald small sem: monthly payments "n,uu.. o Real Eatate Small Loan Furniture Loan Procu 1406 G St N.W ROXY THEATER SECURITIES 9% Conservatively estimated returns Bennett, Bolster & Coghill, Ine. Washington Office 824 Investment Bldz. Franklin 281 ooooooooo C Money to Loan trust_on eatate. first deed of Colnmbia Secured by District of Prevailing interest and _commission! Floyd E. Davis Company 733 Twelfth St N.W. Quick Action Brodie and Colbert, Inc. | 1702 Eye St. Provident Mutual Life Insurance Company Funds to Loan In Small or Large Amounts at 57, Per cent. WM. H. SAUNDERS CO., Inc. Realtors 1433 K St | Traditions of | Safety 'OR 45 years, unquali- fied safety has been a tradmon of the Straus or- ganization, and has been our foremost consider- ation in underwriting bonds. We suggest that you writé and inquire into the reasons for Straus safety and obtain our cur- rent offerings, yielding | 5.75 to 6%. Ask for N.W. Main 1016-7 First Mortgade Loans Applications Invited at 5% % | On Improved Property | } BOOK " 454-G Construction Loans at Minimum Rates Glover & Flather fabed 1382 Tucerperated Investment Bonds “TFTEENTH STR elephone Main 5 WASHIN T S Main 10109 I | The Stzaus Hallmark on a bond stamps i 1508 H St. N.W. WE PAY MORE INTEREST. ON SAVINGS ACCOUNTS Than Any Other National Bank in Washington Interest on DAILY Balances Come in and let us explain Commercnal Nat'l Bank 14th and G Streets Resources $§17,000,000 i | R. GOLDEN DONALDSON. PRESIDE Do You Need Money? first or sees lateral bring 16 you have hecurities, frust ‘mortgages or other c it to us for short-time loan. We buy and sell municipal non-taxable bonds pteed and NON- other investment First mortgage i TAXABLE bonds und securities. BankersBond & InvestmentCo., 734 Southern Building Telephone Main 1596 shington, D. . OPPORTUNITY FOR Salesman or Sales Manager To Sell Bonds in Nearby Territory On or about February 2lst, an old established New York Bond House will expand its sales force. This represents an opportunity for some salesman (with experience in securities selling) to associate himself with a live, well organized, reliable bond house, whose unusual co-operation has men in the successful, financially independent class. No no underwriting or other commitment placed many investment of money is required; need be made. We have many successful men throughout the country who established themselves in the bond business in their own commun and, due to the liberal commissions we pay and the real help and assistance we give our men, are making an unusually attractive income themselves with full safety to the investor. If you are one of those who are secking a better and more profitable con- nection this year and for years to come, file your application now. Address D. L. A, P. O. Box 109, Wall Street Station New York, N. Y. @ after three OFFICERS Robert Harper President Horace G Viee P nithy Hilleary L. Offutt, Vice President Charles (", Rogers Treasurer Wharton E. Lester Ralph P. Barnard Attorneys B. L. Colton Necretary DIRECT Ralph P. Barnard Sidney 1. Ressolievie AL P Crenshaw Tohn W, Childress Chas. W. Darr Joshua Fvans. Jv Atwond M. Fisher 0 Gockeler Robert N. flarper W. Chas. Heltmuller W Howe, Jr 1. Miller Kenvon Marshall 1. King Wharton E. Lester Robert Lee O'Rrien Wi, P’ Lipscomb W I Martin Iohn 1. Maury 1. Murphy Hillcary L. Offutt, Jr. Charles (. Rogers N. L. Sanshury Horace G. Smithy Alhart Schulteis L. Thornton S Tyree m S Ulman v Wells Sidney West Richard 1 Wilmer 5,000 Shares THE DISTRICT NATIONAL SECURITIES CORPORATION 7% Cumulative Preferred Stock Par Value $100 a Share Dividends Payable Quarterly January 1, April 1, July 1 and October 1 vears from date of issue, Are offered to the public at par, redeemable at the option of the Corporation on any Dividend Period, at $110.00 a shate and accrued dividend. CAPITALIZATION 7% Cumulative Preferred Stock (Preferred as to Assets and Dividends) Authorized Mo e dtuaed AL AR HHIC. oo v omn s a silses Unissued .. 500,000 Common Stock, 10,600 shares, without par value, held for the benefit of the stockholders of the District National Bank of Washington. Directors of the corporation are BUSINESS Deeds of Trust on real estate, ing as is authorized by the charter. This stock will be tax free as to | one per cent. More tha cent ¢ DISTRICT to allotment. 1 fifty per Stock allotted may be paid for in full or 25% after until fully paid. This corporation is or builders’ loans, underwritings and such other the same as the directors of the District National Bank anized for the purpose of purchasing notes secured by legitimate financ- district of Columbia intangible tax not to exceed 3-10 of the preferred stock has been subscribed by stockholders of the NATIONAL BANK, and-the unsold portion is now offered to the public, subject 25 % upon reque cach month there- Application will be made to list the preferred stock on the Washi Price, $100 a Share (Interest at 7%, to be allowed on all payments from date of payment) Subscriptions Received at DISTRICT NATIONAL BANK OF WASHINGTON 1406 G Street Northwest ] at once as the premier real estate security t l FINANCIAEL, The New York Life Insurance Company Offers to Make First Mortgage Loans On Improved Real Estate in the District of Columbia and Nearby S in Montgomery County, Md, for 3, 5 or 10 year terms on your 5% Avply RanpDary ¥. HAGNER & COMPANY MonrTGAGE LoaN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Home Office Building Apartment Business Property JBUBUEUGUEBUBUBUEUGUSUBUEUBUEUBUTUBUGUBUDY UBU T KISALAS, Equitable Co-Operative Building Ass'n JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary Organized 1879 17th YEAR COMPLETED Assets ..$5,136,317.22 Surplus. .. : .$1.406,195.5 Subscriptions‘for the 92nd Issue of Stock Being Received Start Today Saving Systematically Whether you are " saving for a house SHARES or to complete your $2'50 will in time gr childrer ation, you'll find the Equi- PER % MONTH a small por- tion of your salary 's edu deposited regularly ow to table's stematic substantial sum. ¢ pl aid money. able to accumu late Every Year— An enlarged confidence by a still greater majority—the sale of our First Mortgage Notes has greatly increased within the last few months. Our mar- ket has extended mot only to every State in the Union, but to 33 other provinces and countries. OUR FIRST MORTGAGE SECURITIES ——are recognized to be safe, dependable and remunerative. Annual Return AN ENDORSEMENT BCCQ\JSC hundreds 0{ }JEOP]C have taken advantage of the METROPOLI- TAN LIFE INSURANCE COMPANY LOAN PLAN we feel that this is an ex- pression O‘E COHG&EHCC in what we OHCT tl’le Publlc in Real Estate Loans, WERERREOS 809 15th St. N.W. Main 9486 DOUBLE SAFETY AT THE START Our First Mortgz sent approximately one-half the conservatively appraised value of th _\'HlH‘ property. Consequently, investment funds in our 6, . FIRST MORTGAGES enjoy double protection, plus regular, dependable interes In Amounts of $250 and up B. F. SAUL CO. 925 15th St. N.W. 1S ENO. SUBSTITUTE FOR