Evening Star Newspaper, June 11, 1927, Page 27

FINANCIA TREND IRREGULAR IN BOND MARKET Coming Holiday Slows Down Trading and Session Is Dull. 8pecial Dispatch to The Star. NEW YORK, June 11.—Bond prices were irregular today and in view of the holiday Monday very little initia- tive was shown in the way of new gommitments. Another factor was the tremendous amount of new offerings this week. running up close to $250,000,000 and promising to bring the June record cyy up to that of April and May. ffect of this is constantly seen in the market for old ues which are adjusting their prices to those of the new bonds. It is expected that over the holiday there may be some announcement re- garding the progress of the conversion of the second Liberty 4%s in the 20- year 3% per cent bonds. The cash subscriptions for these bonds were three times the amount available. In the domestic list prices today were slightly lower. No support was shown in United States Rubber which have had a_steady decline fol nearly a month and today sold around 90, or nearly 7 points under the high of the year. There was also more pressure against Dodge 6s. Erie con- vertible Ds lost considerable ground, and Missouri Pacific 4s were off frac- h descriptions were slightly firmer, as were Belgians. The in- crease in the German bank rate had no effect on German dollar bonds, al- though they have failed to recover much of their recent loss. Italians and the Polish issues were heav WHEAT SCORES GAIN IN TODAY’S DEALINGS Wavering Start Followed by Ad- vance—Black Rust and Canada Reports Factors. By the Associated Press CHICAGO, June 11.—Wheat scored an early advance today after a waver- ing start. Black rust was reported in Indiana, the Canadian government crop report was construed as bullish and Liverpool quotations were firmer | g. than expected. Opening unchanged to 3 cent up, wheat underwent a slight general sethack and then rose well above yesterday’s finish, Corn and oats also developed strengt starting at 3 cent decline to later showing a general upturn. visions were easy ‘Word came today from a leading erop expert. who is on an inspection tour of Indiana that from Worthing- ton to Sullivan in that State wheat is below average, that many fields show thinning out of Spring stools, for which the farmers are blaming red rust with some fields very bad. The farmers also fear black rust, and he found some spores on the lower part of stalks, but not promising damage. Authorities here interpreted the Canadian government crop report as indicating a wheat production of 320, 000,000 bushels this season, as against 382,000,000 bushels harvested in 1926. This is on the basis of a present offi- cial condition estimate of 95 per cent and on an unofficial estimate of 19, 872,000 acres under seed. Baltimore Markets BALTIMORE, June 11 (Special).— Potatoes, 100 pounds, 2.00a3.50; new potatoes, barrel, 3.00a7.00;" sweet potatoes and yams, bushel, 1.00a1.75; asparagus, dozen, 1.50a4.00; beans, bushel, 2.50a3.50; beets, 100, 3.00a5.0¢ cabbage, hamper, 1.50a2. 100, 3.00a5.00; celery, cra corn, bushel, 2.00a2.25; kale, “bushel, 50a76; lettuce, bushel, 1.50a2.00; Spring onions, 1.25a1.50; peppers, crate, 3.00a4.50; peas, bushel, 1.50a2.50; radishes, 100, 1.50a3.00; rhubarb, 100, 2.00a3.00; spinach, bushel, 25a75; squash, crate, 1.50al.75; tomatoes, crate, 1.20a3.50. Apples, barrel, 2.00a5.00; bushel, 50a 1.75; blackberries, quart, 8al2; canta- loupes, crate, 1.25a4.50; grapefruit, box, 2.5024.00; oranges, box, 3.50a5.50; pineapples, crate, 2.00a2.75; peaches, crate, 2.00a3.00; strawberries, quart, 6a18; watermelons, each, 25a75. Dairy Farm Products. Live poultry—Spring chickens— pound, 26a38; small, 22a35; old hens, 24a25; Leghorns, 17a18; roosters, 12a 15; ducks, 28a30; poor and thin, 15a20; guinea fowls, each, 50a80; pigeons, 30a40. Eggs—Receipts, 1,427 cases; native and nearby firsts in free case, 23. Butter—Good to fancy, 44a46; cream- ery, pound, 39a44; prints, 44a46; blocks, 43a45; ladles, 30a32; rolls, 28a30; store packed, 28; process butter, 36a37; dairy prints, 28a30. Hay and Grain Prices. ‘Wheat- 0. 2 red Winter, domestic, spot, 1.563%; No. 2 red Winter, licky, spot, 1.63%; No. 3, spot, 1.4934. Corn—Domestic, No. 2, yellow, 1. No. 2, spot, no quotations; No. 3, quotations; cob corn, new, 5.00 per barrel. Oats—No. 2, No. 3, 57a58. Rye—Bag lots nearby, 1.05a1.10 per bushel. Hay—Receipts, 48 tons. The local hay market is quiet under a very light demand, with receipts generally ample for trade wants. Demand principally for top-grade timothy, clover mixed and light clover mixed. Low-grade hay generally slow sale and in most cases it is more a question of a buyer than price. Quotations today per ton: No. 2 timothy, 22.00a22.50: No. 3 timothy, 00; No. 1 light clover mixed, 50; No. 2 light clover mixed, . 1 clover. mixed, 21.00a new, 61 per bushel; 1 wheat, 14.00a15.00; No. f ont, 15.00a16.00. COTTON G00DS QUIET, NEW YORK, June 11 (Special).— ‘otton goods markets closed the week hulnuv with €4x00s print cloths quot- ®d unchanged at 73 and 68x72s at 84. Raw silks were quiet but steady. NEW CLIP WOOL ACTIVE. BOSTON, June 11 (Special). elip Texas wool was in consider inquiry. in today’s market, being quoted at 1.05 to 1,10 for 12 months wool and 80 for 8 months wool. Terri- tory fine combing was quoted at 1.05 to 1.10, French combing at 1.00 to 1.05, half blood at 95 to 1.00, three-eighths blood at 85 to 90 and quarter blood at 78 to 80. Ohlo grade fleece combing delaine was quoted at 43 to 4335, half blood at 42 to 43, three-eighths blood &t 41 to 42 and quarter blood at 41, —_— ¥ CONTRACTS FOR OIL. NEW YORK, June 11 (#).—The Bhell Co. of California has contract- ed to purchase for five vears 8,000 barrels daily oil output of the Hono- “@-om}nea Qil Co. In Buens " s, Calif. Sales. Libist4%s 6 103 Lib2d 4%s. Lib3d4Yys. FOREIGN. Argentine 5s...... Argentine 6s Ju 59. Argentine 6s Oct59 Argentine 6s A. Argentine 6s B. Australian §s. Austria 7s. . Bank of Chile 6% Belgium Belgium 6% Belgium 7s. 5 9 4 99'5 Belgium 8s. Bolivia 8s. Bordeaux 6: Brazil 6%s Brazil 7s Canada 5s 1931. Chile 8s 1946 Christiania 6s Con Pow Japan 7s. Copenhagen 5%s. . Cuba 5%s. Czecho 8s1951. Danish Munic 8s B. Dutch East 1 6s 62. Finland 7s Framerica\ French 7s. French 71s. French 8s. German EI P 6%s. German 7s.... German Agr Bnk Ts o m n Holland-Amer 6s. . Italy 7s. Italy Pub 7s. ... Japanese 6%s. ... Jergens U M 6s 47. Lyon 6s. .. Marseille 6: Mexico 4s 04 asntd. Mexico 5s asntd. .. Montevideo 7s. . Netherlands 6s 72. Nord 6%s. Norway 5%s. Norway 6s 1943. Norway 63 1944. Orient Dev deb 6s. Raris-Ly-Med 6s... tormaRemE R0y Paris Orleans 7s Peru 7l%s. Poland 6s 4 Poland 8s. Porto Alegre Queensland 7s Rhinelbe Un 7s. Riode Jan 8s 47... Rome 61:s.. Sao Paulo 1950 Saxon (PW) 78 Seine 7s 42.... Serbs Crot Slo RmSuawnann o e P = Utd Kingm 53%s 37. Utd Steam Corp 6s Yokohama 6s. 9 S o 9 2 Am Agri Chem 73+ Am Repub deb 6s. . Am Smit & R 1st 68 Am Smit& R 6s. .. Am Sugar ref 6s AmT&Teltr4 AmT&Teltrs AmT& Tstbs.... Am T & T deb 5%s. Am Writing Pap 6s Anaconda 1st 6s. .. Anaconda cv db AndesCop deb 7s Armour&Co 4345 39 Armour Del 5%s.. Atlantic Refin 5s. . Barnsdall 651940, 1005 Boo 8 % Bklyn Ed gen 6s... Con Gas N Y 5% Cuba Canecv £a... Det Edison 5s 40 Det Edison ref 6s.. Dodge 6s..... Duquesne Light 6 East Cuba Sug T%s EmpG & F 61%s... Empire G & F 73%s. Goodrich 6%s..... Goodyear 8s 1931.. Goodyear 8s 1941.. Hershey 54s. o T Galcxran I T Y T e » Inter Paper cv 6s.. Inter Paper fd 6s.. Int T & T 6%s. . Kan CP&L 58 A 53, Lorillard (P) bs, Lorillard (P) 7 Midvale Steel §s. Nor States Pow 5s. Nor States Pow*6s. Pac Gas & E1 5 Pac T & T 58 62. Pan-Amer Pete 6s. Pan-Amer Pete 7s. Phila Corf 6s A. Pierce-Arrow 8s.. Public Service 68 Remington Arms Sharon Stl H 8s. Sinclair Ol 6s Sinclair O11 6. Sinclair Oil 7s. Sin Crude Of1 6s..., Siu Pipe Line 5s Southwest Bell 5t Standard Oil N J 58 Tenn Elec Pow 6s. Toledo Edn 1st 7s. . United Drug 6s. o o WA W O 1SR 1O 19 000 01 19 2 58 TS MO IO O i i 3200 MO Vertientes Sug 7s, Warner Sug 7s 3 West Elec 58....00 Westn Union 61s. Westinghouse 5s Wilson & Co 1st 6s. Youngstn S&T 6s.. IO 104% RAILROAD, Atchisonadj 4s.... 5 Atchison gen 48,5, * 7 sm 1 94% * 98% 102% Orfimp 6s. B&OSW 5s50. Bklyn Manhat 6 Buff R & Pitt 4%s. Can Nat 4%s 30 Can Nat 41658 54 Canad North 7s. Canad Pac deb 4s. Can Pac 4%846... Central Pacific 4s. .| Cent Pac 1st 55 90.. ChesaCorp 5s wi. Ches & O gn 4%8.. Chi & Alton 3%s. .. Chi & Alt 3% sctfs. Chi B & Q gen 4s 53 CB&Q4%STTB ChiB & Q 1strf 6s. Chi & E 11l gn 58 51 Chi Gt West 48 69.. CM&StPev4ls, CM&SPcv4 % s32cts CM&StPcvbs... Chi Unlon Sta 5s... 4 10414 Chi Union Sta 6s 44 10 103% UNITED STATES. (Sales are tn %1 000.) High. Low. (I 103 Tose. 103 Sales. High. Low. Close. 91 99 99 9914 98% 80 100 14 10012 100 14 12 100 29 100 28 (00 29 Lib 4th 4% s 409 103 28 103 23 103 23 91 9914 99Y% 103% 94 97% 1907 104% 10316 113% 109% 104% 98 9l 95 106 101% 102 100% 4 107% 102 96 100% 102% 107% 110% 1025 100% % 1035 MISCELLANEOUS. 100% 100 oL u)&’m 107 110% 120% 102% 100% 102% 1045 100% 99 115% 99% 107% h 110 101% 105% 100% 103 103 105% 7 103% 99 106% YT 1082 104% 102 106'% 108% 107 90% 105% 107 93% 100% 93 4 102% 100'0 88% 95% 941 98'4 1024 101% 106% 103% 110% 103% 1084 | 99 97T%h 6414 6313 95 9% 105% k] 1064 844 90 9344 98 9914 1041 103% 104% 112% 110% 96 106! 10 2% 100 98¢ Y4 = 95 99% 103t 99 15% “ L07% 110% 100% 105 100% 103 103% 105% 108% 991 106% 974 108 104% 102% 106 108% 107 90% 105% 107 99 100% 93 lfIZVA 3 1043 887 95% 94% 98% 1024 1024 106% 103% 110% 99 9% 64% 63% 95'% 98 105% 814 106% 844 90 9314 98 994 104% 103% 'THE EVENI [oxmw vore_ BONIDS srock sxcaance | Received by Private Wire Niect to The Star Office. Sales. Hizh. Low. C&WI5%s62... CCC&StLrf6sA. Clev Term bs. Cuba R R 5s.. Del & Hud cv 65 35 Den & Rio G cn 4s. D& Rio G imp 5s.. D Rio G West 58... Brie gen 4s. . Erfe conv 4s A Erieconv 4s B Brie conv 4s D. Erie cvt 55 67 w FlaEC5s74.. Gr Trunk stdb 6s. . Grand Trunk 7s... Gt Nor 4%s 76 D.. Gr Norgen7s. ... Green B& W db B. Hav E Ry 5%s rcts Hud & Man ref 5. Hud & Man aj 5¢ T11 Cent 4s 111 Cent 4% 66. Int Rapid Tran 6s. Int Rap Tr 5s stpe = =T Sremwe BOmms NG o |'§ 97 97wk M T4 T TT% 80 ROW 99 99 106'% 105% 95% & o RN S Suw @ Towa Cent 1st 5s. Kansas City S 3s.. Kan City Term 4s. Lake Shore ¢s 28. . Lehigh Valcn d¢s. . Lehigh Val 5s 2003 Louls & Nash 7s... Market St 7s 40... MStP&SSM5s38atd M St P& SSM 6%s MK &T st 4s MK&T4sB. MK & T adj 58 MK & T prinbs Mo Pacific gen 4 Mo Pac 55 1965. Mo Pac 5s 77 rets. . Mo Pac 6s 49 D.... NOT&M5%S.... N Y Cen gen 3%s.. NYCrfim4%s13 NYCentri6s.... N Y Cent deb 6s.. . NYChI&StL 51esA NYChi&StL 51sB. NYC&StL6sA. w Hav deb 4s 56 New Hav deb 4s 57 N Hav&H clt 6s 40. N Y State Ry 4%s. N Y W & Bos 4348, Nor & S gen §854.., Nor Pac 41 2047. Northern Pacr | 6 Ore Short L rfs 4s. Ore Wash st 4s... Pennsyl gen 4%s.. Pennsyl 5s 64 Pennsyl 618 Pennsyl gold 7s. PCC&StL5sA.. PCC&StL 5s B 75.. Port RL P 6s 47 Reading gen 41s.. Rio G West el 4s... St L IM&S R&G 4s StL&SFpl4sA. StL&SF prinbs. StL&SFinc6s... St P & KCShL 4%s Seab A Lref 4s.... Seab A L adj 5s. Seab A L con 6s. SBAIl Fla 6s35A SB All Fla 68 35B. . Sou Pac 48 29. Sou Pacific clt 4s.. Sou Ry Con 58 94.. Sou Ry Mo & O 4s. TexArk FS 5%s 50. Texas & Pacific 1st Tex & Pac 5s 77 rts Third Ave ad] bs. Tol St L & W 4s. Union Pac 1st 4s Union Pac 1st rf 4s. Union Pac 4s 27. Union Pac ¢V 6: VaRy & P5s ‘Wabash 1st 5 Wabash 24 5s... Wabash 5s 78 B. ‘West Maryland 4s. Western Pacific bs. West Shore 4s 2361 Wheel & L Ecn 4s. SPALDING PROFIT. NEW YORK, June 11 (#).—Net profit of A. G. Spalding & Co. for the quarter ended April 30 amounted to $427,161, equivalent to $5.64 a share on the common stock, against mnet loss ‘ of $320,860 in the preceding quarter. SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co.) |M er! NO RO NS o 0 B 5 0 E-atnticars & 105% 82% SruneBBee S3ipanabhac-aBaeRom o o LT 2 e e Been NP EnSESBemn DS o oe® Am. Tel. Americ & Tel. Co. 4s 1928, n Thread Co. “’l"‘s"fls L ESRES S Chy Continental G. Cunard S. 8. Co. 58 Gen'l Petroleum_C. R. 58 BPERFE =3 s S X B e e e e 055550550000 00 555005555005 5555 5 23282 R3RR SRR3R ReS333RSRREIZR2S, P & €HICAGO STI)CK MARKET. By Sp« cial Leased Wire to The Star. CHICAGO, June 11.—Following is a repmv of today's sales, high, low and closing__quotations, on the Chicago Stock Exchange: 1ab: fon_Bleasg rboard nt’ 0 hore & Butlor ol om 20 Contiental | Mo ) Elec (Household. . 00 Ernp (G4 K 200 Evani 300 Evan) 50 Fair gom . 100 Fitz gonnell 100 Foote] Gear: Gossakd. 35 Great L, Dred 10 s M 200 Kello 10 Ky U FE [ EEaS08 oS RSt ZERER! o RO B S o) SIDBBE OB IR ISOBOA MBS R RRRNE e § Total -ae&C.R e Chi © 3 ABOROER Cur R du s 10000 Chi Rys b ofs d. 11000 Chi 5000 Chi | Szaapmg E 832! 353! NG _STAR, WASHINGTON, TRADING LIMITED ON CURB EXCHANGE Highly Irregular Price Move-|— ments Shown by the List Today. BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, June 11.—A highly irregular price marked the_trend of transactions on the Curb Exchange today. There were sharp advances in individual stocks but these were ex- ceptions. Activity was limited by the approach of the double holiday. The feature again today was Dun- hill International. The stock opened up fractionally following its rise of over five points in the preceding . sion and_extended the gain rapidly until at 51 it had added 3 points more to the advance. Dividend action is predicted at the meeting on June 15 and report has it that the stock will be put on a $4 annual rate. Another stock in favor today was Financial and Industrial Securities Corporation. The reaction of the pre- ceding session following the dividend declaration was more htan canceled toda. Buckeye Pipe Line was the fea- ture of the Standard Oil group at a new high high for the year. This was probably in sympathy with other recent buying of pipe line stocks based on the large equities these shares show on the bulance sheets. Other oil shares were dull and lower. 2 The general list was inclined to heaviness. Goodyear Tire fluctuated uncertainly and conditions in the in- dustry were reflected by the market for the U, S. Rubber 6% per cent serfal notes. Johns-Manville showed the effects of realizing sales, but Equitable Office Buildings moved forward to a new top for the year. BUSINESS IS 600D IN MOST SECTIONS Agricultural Situation Still Uncertain, but Retailers Are Doing Well. BY. J. C. ROYLE. Special Dispateh to The Star. NEW YORK, June 11.—The trade winds of commerce continue free and favorable. The agricultural situation still is uncertain and it will be some weeks before the prospect is clarified, but there is little indication of a cur- tailment of farm buying power: On the other hand, the industrial outlook is very favorable. Some industries are finding their margins of profit nar- rowing, but leading: lines are in strong positions, wages are high and steady, and employment good. Wise mer- chandisers are notching sales quotas at the same levels obtaining at this time last year. The steel industry is experiencing nothing like the usual curtailment normal for this itme of year. More- over, requirements of steel-using in- dustries are due to expand in the next few months. A large rehabilitation program will be financed in, thé flood zones during the remainder of the year. Tire Plants Are Active. The situation in the automobile in- dustry is plainly indicated by the ac- tivity at the tire plants. The Akron rubber factories are at a high rate of production, and earnings are showing a better ratio to sales owing to the lower prices of crude rubber, The three Goodyear plants—one in Akron, one in California and one in Canada— are at peak production for the first time in history. The automobile situation admit edly is spotty, but the leaders are wos on schedules which are utoniahlr\alv high, and introduction of new models soon to appear is counted on to spur sales for the next three months. There has been little change in the actual volume of mew construction contracts let, but the new permits have slipped in number. Actual work, however, has been at high level. Most building materials are firm except cast iron pipe and fir timbers. Brick is flowing in steadly from abroad. Sales of lead and zinc have been very good and some buyers of the former seem to think the bottom has been reached. New business in lumber has been re- stricted, but unfilled orders have in- creased. The actual volume of crude oil pro- duced has not shown a material de- cline, but a better sentiment now ac- tuates the industry and this is being reflected in strength of some of the oil stocks on the big markets. Coal production is moving along in its nar- row groove. Commercial avlation has received probably its greatest spur in the last few weeks, Further impetus may come from the insurance companies which are considering extension of the all-risk policies and accident and travel policies to cover accidents in- cident to air travel. Aviation also has turned the atten- tion of inventors engineward. Their experiments are not only with en- gine designs, but with fuels. When a designer of the reputation of Charles Kettering of Dayton talks seriously of running motors on interatomic e ergy, the extent of the possibilities for the future can be judged. ‘Withdrawals against contracts in the refined sugar trade have been heavy, 2nd the volume of fruit avail- able indicates a high percentage of use for canning purposes this year. Textile mills continue to feel sharp recoveries from conditions which pre. vailed a year ago. Print cloths, sheet- ings and drills have risen in the last week or 10 days. The volume of trade in agricultural implements and ma- chinery with foreign nations is most gratifying. FOREIGN EXCHANGE. (Quotations furnished by W.B, Hibbs & Co.) Nominil Selling checks London. pound. .. 50548688 44507 Montreal, " dotia 1.00 2 50 Des: potacy zlot; Copenhagen. Oslo. _crown. Stockholm, ¢row! K1 NEW YORK, June 11 (#).—Foreign exchanges irregular. Quotations (in ) Great Britain, demand, 5 5-16; cables, 485 11-16; 60-day bills on banks, 481%. France, demand, 3.91 cables, 3.91%. Italy, demand, 5.51; cables, 5.51%. Demand—Belgium, 13.89; Germany, 23.69; Holland, 40.02; Norway, 25.86; Sweden, 26.76; Denmark, 26.7215; Swit. zerland, 19.23; Spain, 17.2614; Greece, 1.35; Poland, 112 thoxlovakll, 2.96; Jugosla\!a. .75%; Austria, 14.10; Rumanla. 60; Argentina 42.50; Bra- zil, 11.81%; Tokio, 46.37%%; Sh;nghal 63.. ’5 Montreal, 9!’ 98 7-16, IRUZISIELEEZ TREASURY CERTIFICAIEB. uupm-cea by 3. &W. %::m-n &Co. :; 2 flg'n-a! = 100 20.32 100 22-32 D. C. SATURDAY, JONE 11, 1927. NEW YORK CURB MARKET Received by Private Wire Following is the list of bonds and ) stocks traded in on the New York Curb Market today: INDU: S. IN DLST‘“AlI;h Clowe Sall in muulrerxs Close. 80 Barnsdnil deh vis um 13 iae & EI 1 1 4ol Alla e 43 i 41 Bancital Co 2474 0L 401, 5 41 5 54 Cent “Pip Cor. St [ vid &S P Balt n m. 6 Conso! Laund. .. 3% Deere Do o1 Durant Ottt z....:z 32522, FE um Lakes ‘Trani; '} Hapviness %, Hartford . Lurm‘x, i Inter Ciz Ma 2 6 Intern Uil 18 Intern _Util B 18 Johns-Manv n 1 Keimer st 1 Krushal & ur Siro. Chain ‘Strs W Ul ntd 11 Nichols & &hnnh 15 North O Pow C 2 Nor States PCA1 3 Tinmbuit S Truscon Stl_. Tub Art S B Tun Sol Lamp A it A S P 1 Nipissin 4 Xorands . 8 Wenden Cop ..., s-lfia INDEPENDENT OIL undreds ds, 33 Al C Oilfids. .80 4 Am Con oiinds. .90 b RPN L N i ops BE3-a e > ooy FIEEEE S 2028 4 BLismAD AEELE SR EREE, P RS F RSEE, s 1% ‘l‘r G 2 Woodley Pet n 0% OTTON ADVANGES l ONTEXAS DROUGHT 2= Some Southern Selling Ap- pears on Bulge, but Mar- ket Is Steady. By the Associated Press. NEW YORK, June 11.—The couon market opened steady today at an ad- vance of 1 to 4 points and soon showed net gains of 15 to 17 points on further covering combined with trade buying of July and commission house buying ot new crop positions, pro- moted by reports of dry weather in west Texas and continued nervous- ness over the Missisippi Valley floods. July sold up to 16.95 and December to 17.54, but these prices brought in con- siderable realizing and there also ap- peared to be some Southern selling. As a result the market sagged off a few points from the best, but the tone was steady at the end of the first half hour. New Orleans Market. NEW ORLEANS, La., June 11 (®). —The cotton market after opening steady and unchanged from yester- day’s close, became: somewhat firmer after the start on covering due to the continued absence of rain in west Texas, July traded up to 17.03; Octo- ber, to 17.27; December, to 17.44, 9 to 17 points above the previous close. Toward the end of the first hour prices eased off 4 to 10 points on moderate selling based on map indications of possible rain in the west over Sunday. ‘The market appeared to be governed entirely by weather conditions. Direct to The Star Office STANDARD OIL 1SSUES. 1919 [EE L N 1fb R | o3 K. Anglo Am O 1% Ang A O 00 1300 Vacuum Sales in thousande. Allied Pk 6s. . Allied Pk 8¢ 16 Alum_C Amer ‘5 SAm G 18 Am it SETUT R 2 1001, 2 tine Seniia 68 0314 El Refrig Us. Q&R 1 Gatinean Pow 100 20 Gen Invest bs A.119 Geargia Po B8, 1 Inves’ Equit 5% ;KT 0 ot P51as'A Manito P 514 Gas B E o ont W P C 55A 98 15 Mont Pn\\ Be. 1 hy & Phe B DBIID 2 1008 = o ST 24209 Ty o N o Jhio Pow ~,,;dw:{~=« £z 41 Skel Off B¥e 1 Sloe shert” flsm “QOV‘ L o ia. luu. Tun Ma Rai 8%3s 97 —aS TSN D D d Sales FOREIGN BONDS, in thousands. 1Aeri M B s cae 07 2 Antioauia 7s C Bank Prusaia | PEERER pooShosossosssSos0oson 22EREI3RIZVER23R2IBEET FRFFRPNTR SPEE > 53 4 Rio"a: L LI ax S M 9 Stinnes H 18 Stin "Hy Sl g FEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Sons. Closing.) Bote—Mataritr, Bid. > oo 2 ek 3 CEEEEILEEE i S E e g RS ooR! i b2 £353355355555% £3555532353253 E3322333222333, s b 833333333223 223838 Z B B S Foren $ “53 FRERE s e, GERMAN BONDS AND STOCKS. By Special Leased Wire to The Star. NEW YORK, June 11.— (Quoted in doliass per millin, marks) Ger Gen Eleo 43 % Ger Gen Elm:uuh lg o uoted it dollars per muunnd mark- Berlin 4s pre-wi 19 German Prussian Consols 3 Busidiaone 45 Ort 43 preiwar: Frankfort Mp D. BOSTON STOCK MARKET. By Special Leased Wire to The Star. BOSTON, June 11.—Following is a Ust of today's highest, lowest and closing prices for the most active stocks dealt in here: Edison Electric Eederal Water . New Eng T el St unm : hited & it Money to Loan doed of trust on reat estate 55 ‘:;l;.umw,-ulrn and w; T T Potomac Joint Stock Land Bank 5s Dated June 1, 1927 Due, June 1, 1957 Optional date, June 1, 1937 At a price to vield 4.56% to op- tional date and 5% lhereatter un- til maturity. Tax Exempt. fiprulie=> ]nv;s*m:u'r Bankers WOODWARD BUILDING WASHINGTON, D. C, Main 9129 C{r’flb on Request FINANCIAL.® WE FINANCE ~all dlasses of \ncume-oroducing ‘.rxrgnl nt rate - sp.alfl e & Richardson, Tnc. ‘Il “fll St. % Mortgage With Safety Write for Circular FEDERAL SECURITY & MORTGAGE CO. CAPITAL AND SURPLUS $730.000.00 Main 1960 1412 K St. Mortgage Money Loaned At Low Interest Rates Economie Conditions Tyler & Rutherford Loan Corresnandent Mutual Beuefit Tif 1520 K Street Mnn 475 When You Need a Loan Think of Welch, Realtor LOAN SPECIALIST oney to Loan At 51,% & 6% Interest Before Placing or Renewing Your 1t or 2nd Truat GET WELCH'S FIGURES bg Charges RSP, AVEMAS Bt The New York Life Insurance Company Offers to Make First Mortgage Loans On Improved Real Estate in the District ot Columbis and Nearby Suburbs in Montgomery for 3, 5 or 10 year terms oo your 5% Apply RANDALL H. HAGNER & COMPANY MORTGAGE LOAN: CORRESPONDENT" 1321 Connecticut Ave. Telephone Main 97C0 LOANS On Improved Property Office Building Home Business Prcperty .| Apartment We invite applications for loans on improved proerty on a MONTHLY PAYMENT BASIS OR STRAIGHT THREE-YEAR PLAN Lowest Interest Rates /A\MER]ICALN SECURITY 15th and Penna. Ave. Capital, Surplus and Undivided Profits Over $6,700,000 BRANCHES: Central— 7th and Mass. Ave. N.W. Northeast— 8th and H Streets N.E. Southwest—7th and E Streets S.W. Northwest—1140 15th Street N.W. TOTAL RESOURCES OVER $37,700,000 APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia Chevy Chase and Takoma Park, Md. 3: % INTEREST Apply to H. L. RUST COMPANY LOAN CORRESPONDENT Ghe PRUDENTIAL INSURANCE COMPANY of AMERICA 1001 15th Street N.W. Main 6888 What Will JULY Bring You Financially? 'HEN you consider the condition of the financial market today you will realize the importance of placing the funds from your maturing investments in strictly non- fluctuating securities. The First Mortgage Notes offered by Swart- zell, Rheem & Hensey Company have never fluctuated in over fifty-eight years of vary- ing conditions—through peace and war— boom and panie. If you seek an investment with an excep- tionally high factor of safety, write or call for our list of current offerings, No investor in securities purchased through Swartzell, Rheem & Hensey Company has suffered loss in fifty-eight years. Swarizell. Rheem & Hensey Co. mm‘”ow\z.w 88 Years Withoat Loss to An Invester Guaranteed ! H % | | i |