Subscribers enjoy higher page view limit, downloads, and exclusive features.
oo 1 AVERAGES AT PEAK. THE EVENING STAR. WASHINGTON. D. €. TUESDAY., AUGUST 2 1 s INANCIAT. [oxsewvon, BONDS soeemeaer] SPEGIALTIES CLIMB | [ New Yorx curs marker | PRICESGOLOWER |. " Received by Private Wirs Direct to The Star Office. |N EURB DEALINGS Do L i Wibe il (e L Su’r O IN EU-I-]-UN MARKE]- ' ,\,.‘;?,‘"; arket is n Public Utilities Come in for, ""fi" e }\.71,'. there 400 Obio Oil . i Seeidereny | President 200 Penn Mex P! 2 i | rail and ir Increasing Attention in Trading Today. FINANCIADRy * TRADING IS ROA N BOND MARKET Interest Centers More in High % Yield and Speculative * Issues Today. mal 200 P York UNITED STATES. (Sales are in $1%)0.) Sales. Hi; Low_ Close. Lib3%s... 100 27 100 27 100 Lib 1st4iin 1034 1021 1034 Lib2d 4%s. 100 11 100 10 100 10 Lib3a4%s. 1002 ot 1013 Libéth 415= 270 10330 10326 103 28 TS3% 4347 110017 10017 100 17 US3¥s 120 1 10519 105 19 US4s1944. 48 10820 10817 108 USdyuss 7 1317 11316 113 FOREIGN. Sales. Hizh, Low. Close Argentine 6s Ju59. 22 9% G4t 99 Argentine 63 Oct59 16 0y 40 192 Argentine 6s A.... 13 100 99% 100 Argentine 6s B Australian bs Austria 7s Bank of Chile 6148 Relgium 6s. Belgium 6348 Belgtum 7s. Belgium Tsct.. Belglum 7%s. Belzium 8s. Bolivia 8s | Bordeaux 6s Brazil 14, Brazil 7s. Brazil 8s. Canada 58 1931 Canada bs 1952 Following s the list of bonds stocks traded in on the New Curb Market tod: INDUSTRIALS o Sun MM B, S bl K Bar vic i B A e id... he up 4ot Fiale S5, Selling Comes Partly From i« Trade Interests and |is< South Today. 116 4 rf imp 6s. PLEWY 4s. O SW 5350.. B & O Toledo 4s.... Bang & Aroos 4s 51 Bk!yn Manhat 6; Buff R & Pitt 4%s. Canada South bs. Canad North 6148, Canad North 7s. Canad Pac deb 4s.. Car Clinch & O 6s. Car Clinch&O 6s 53 Cent Pac 1st 65 90, ChesaCorp 6s wi...219 Ches&Ocv4ls.. . 6 Ches & O gn 4%s., 4 Chi & Alton 31¢s... 30 5 > Chl & Alt 815sctfs 21 65 ChiB& Qren4s63 7 95 CB&Q4'%sT7B.. 10 9R"% ChiB&Qlstrfbs. 5 106% CB& 11318, RS Chi & E Il gn 53 51 146 9 Chi Gt West 4569, .115 2% CM&StP4s . (i C M&StP 4s 25 cfs. 4t CM&StPdbds.. [ CM&StP deb 4s cfs Gt CM&StPev4ls, 645 CM&SPeval;sizefs 64% CM&StPrf4ls, 63t CM&SP rf 41gsct 65 CM&StPcvbs.. 644 CM&SP cv 6scfs 14 64" CM&StP6s..... Chi & NW gen 4s. Chi NW 4155 2037 Ch! & NW ref bs ChiRI&Prf4s ChiTH& S Ebs.. 140 s 10 ¢ 80 RO s 110 148.95, as o1 1 | vear and |The averas i. ounted yes the yea Sales BONDS, i thousands, Allied Pl Sa Allig Chalner 16 Cyan: Gas & F e e i BY WILLIAM F. HEFFERNAN, ‘1’.‘& ’;v‘]n By the Associated Press, NEW YORK, August 2.—The cot- ton market opened steady at an ad vance of 5 points to a decline of 2 points, but seon eased under lquida- tion and selling, which seemed to come partly from trade interests and the South. October sold off to 1 and January to 18, about 21 to net lower, but there was some ng at these figures and prices BY CHARLES F. SPEARE. Special Dispatch to The Star. NEW YORK, August 2.—There wa A very broad market in bonds today. | Nearly every domestle group was taken up and advanced fractionally on a larger volume of trading than for | some time, | The competition with the stock mar- | ket, which has held investment issues | hack, did not appear to be so keen. | While the high type of mortgages | took part in the day's movement, it was in the more speculative and higher-yield issues that interest cen- tered. This meant that Industrials. junior rails and the convertible public utili- ties were most in favor. Not only have they the advantage of returning much more than the so-called institu- tional bonds, but they also flnctuate with stocks, and in the present state | of excited markets the holder has a | ®ood prospect of adding to his princi- | pal as well as of receiving a high rate | of return relative to current money | rates. American Writing Paper. | Among the strongest of the indus- | trials were American Writing Paper | 6=, above 90 for the first time; Kelly 108, compared with Gen 1 Motors Ac- ceptance 6s new high of 10 Rethhelem St s of 1936 and Goodyear 5s. United States Rubber s | and International per fx. There | was a better tone also to the various oil, fron and steel, metal and sugar | company bonds. In the railroad group the features | were Chicago & Eastern Illinois 5s, | Chicago Great Western first 4s, the new Erie 58 up to 94, the St. Paul 4155 and 5138, which rose over a point, and Chicago & Terre Haute income 5s. Improvement amounting to a quarter to half point took place in such high- grado issues as Northern Pacific Southern Pacific new 412 and Illin Central joint 413s. Brooklyn Union Gas had much the . largesp gain of the public utilities. | Marsellle 6s This amounted to over 5 points. Hud- | Mexico 4s 10 asntd. mon & Manhattan first 5s and income | Montevideo 7s... bs again have come hack into favor, | Netherlands 6s 54.. and were quoted at 10@and 903, re- | Netherlands 6s 72.. *, spectively. Nord 6%s. Although the recent statement of | Norway 5%s. the Interborough for the 12 months [ Norway 6s1944 to June 30 showed interest on the | Norway 6s1952.. refunding 58 earned by a very large | Orlent Dev deb 6 margin, the political situation and | Paris-Ly-Med 6s... Jabor uncertainty disturbs investors, | Paris-Ly-Med 7s... The same is true of Brooklyn Man: | Paris Orleans 7s, hattan Transit 6s which hang around | Peru 7%s their low level of the year. Milwau- | Peru38s kee Electric 5s touched par. The |Poland legal telephone issues are back in|Poland 3s.... some cases to within a fraction of | Porto Alegre8 the best of the year. Prague 7%s. ueensland 7s Trading in Foreigns Expands. R Rhinelbe Un 7 An expansion in trading in forelgn | p, a0 72 n'ss 1948, bonds was a phase of the general im- | p.2 88300 o2 (77" provement, though, while the average Rome 6%s.. of domestic issues has advanced Sao Paulo 85 1936 in the past week, only a small recovery Saxon (PW) 7 has taken place in foreigns. Again |geioly Feo? the French 8s, the French City 68, | gerhe Crot Slo 8 Seine 7s and the French railroad 6128 and 7s were all atrong. Belgian Tx were close to their high. Swiss 8s rose half point. A significant feature was the strength in the South Amer- jcan group including Chile 8s, Peru- vian 8s, Brazilian 6148 and Argentine 6s. Cuban 5%s showed some recovery. The new Central Bank of German State 6s were listed and dealt in quite heavily at the offered price of 95. Special Dispatch 1o The Star., NEW YORK, August 2—The de- mand for industrial specialties showed of itement in the Curb oday, despite the fact t recent improvement had carried prices to a level where heavy profit- taking sales might have heen expected. There was nothing in the outside sit ion to encourage further demol i g ms in the issues selected for 1 AT s et Ca oAt the ship and apparently nothing ne B 8 end of the first half hour. needed. The market was moving fi 9 Ll ; . ¥ "5 i The buying at the opening was pro- ward under the momentum gathered B i moted by relatively steady Liverpool in recent sessions. Even the oil shares, cables, but it was in comp 3 where conditions in the industry w small volume, and the market was re anything but encouraging, displ garded by local brokers as reflecting a hetter undertone, r n r technical position after the This mikht have heen a reflection o e e tli6 L1alie® thiar the ecsnt ot F 2 e tallies o or 14 points from the cents a barrel in Pennsylvania_crude 1 E By, 7 1““; : nm']m 1 l'ghx'lun the fore- quotations, likely to be followed by a cast for showers in the Southwest, similar adjustment in midcontinent but the bulge met further liguidation schedules, would have the effect of and there may have been a little s curtailing output. But it was hardly ing on reports that one of the pr | expected to stimulate consumption. wuthorities placed the condition of the Standard of Indiana crossed 70 for a op_at_73.5 : the indicated yield | gain of more th point. Humble 20 THood Ruiy 7 15,045.000 ba Oil was well taken above e S InE December, whic it was up a similac am 56t R C A g 17.27 to 18.41, « Standard of Kentucky moved forward 10 nierst Pow G0 there was covering on the dip and the | a point to 122, Lone Star Gas stood I i market at midday was steady at a | Chi T H ine 6s 60. . ongly among the independents, THno ¢ h To 0a net decline of 14 to 16 points. Chi Unlon Sta 6%s. selling into new high gr d fol h - tie Ly st loAlg T, ground for the New Orleans Market. 16 Lon_ Star G T 1 Clev Term 5%s. he IW ORLEANS, August 2 (#).— Chi & W Ind cn ds The cotton market moved up Colo & Sou 4%}s. today at the opening influenc Cuba R R 6s. better Liverpool eables an: Cuba RR 7%S..... 1ble weather in the helt. showed gains of 4 to 7 points on the g::,:g:g g;fi; 38. strength of Liverpool. ¥ | Den & Rio G cn 4 The market turned easier soon after D Rio G West 58. . 128 the start with selling based on the | Erie gen 4s. 133 belief that ginnings to August 1 have Erleconv 4s A, 7 been large. October moved down to Erleconv 4s B., 17.91 and December 18.14, 30 to 31 Erle conv 4s D. points below the opening and 24 points Erle cvt 53 67 w! under the previous clos Erie conv ext 78. At the end of the first hour prices rie Genessee R 68 rallied 12 to 14 points on trade buying FlaEC5s74., attracted by the low price level. | Gr Trunk atdb s, 10 fan Than Tokn . 1 Gt Nor 4%3 76 D. 100 Great North 5%s.. 33 DEFICIT IS REPORTED. Gr Nor gen 78. ... NEW YORK, August 7 (P).—A defi- Srean BEWOb: cit of $402,614, after charges, was r O T 0 ported by the Missouri Pacific Rail- Hud &Mllfl aj 5 > road in the first six months, against a surplus of $3,031,248 in the same . s period of last year. Net operating in- | M S 5 pened of et e, Nrarnoes - | Men’s Suits, 95¢ 111 Cent 4% 8 66.... ’ I C-CStLit4%s | pared with $10,666,551 in the first ||} For Main 110 half of 1926, | —Ample Funds for Refinancing Your Maturing First Mortgago Loans. mpt Answer, Current Interest Rate, THE COMMERCIAL NATIONAL COMPANY Incorporated. Paid Up ( Commercial 2 Hth and € 10 101% 101 , or 105% 105% 102% 101 11313 1137 109 109 103% 108% 991, 100 ul Bank Bldg. Marconi W Sts. N.W. Corp Am 1 Co A st pll id € 5 of 2 Jelotex € 2 Axuiree 80 Sp & Bum & S P oot Nin 5 P& Col & Aik n Commonwlth 4 Common P 1 & Sol n « « REAL ESTATE LOANS 512 % FRED T. NESBIT 1010 Vermont Av Chile 75 1943 Chile 83 1941, Chile 85 1946 . Chinese Gov Ry bs., Copenhagen G538 Cuba 5%s. Czecho 7% rots Czecho 831951.... Danish Munic 8s A. Danish Munic 8s B. Denmark 6s....... Dutch East T 6s 62, El Salvador 8s 48 Finland s £ 6s 45... Finland 7s Frameric: French 7 French 7% French 8s. GermanEI P 6%s . German 7s German Agi Ger Gen Elec 7s: Greek 7s.. Haiti 6s. Holland-Amer 6s. Hungary 7%s Italy 7s... Italy Pub 7s 4 FTEN ! o i3 1 G 10 142 i 100% 104 105% 1077 110% 111 105% 1041 w 108% a5 100 1031 105'% 6 1125 1Y% aTle 107 101 % 104% 96 9% 100 10219 94 95 90 101'% % 100 100 21% 101% 10319 108 9T 100% 1024 102% 9474 94 100% 100 101% 106 804 96% 105 104% 113% 7% 105 104% 90% 108 102 102% 99% 9T 104% 104% 113 9% 6% 11704 108% 93% onsolDairy ‘ons G Balt n. wsol Laund. . Sneo Pross 1031y 931y = ad rallied from off to 18.29, but 10015 10015 102 051} 108 07 Mortgage Money Loaned at Low Interest Rates Economir_Conditions Tyler & Rutherford Loan Correspondent Mutual Benefit Life 1520 K Street ~ Main 475 FIRST and SECOND i MORTGAGE LOANS " O ’ Busineeu Prop:rlies PHILIP MILSTONE 1305 D St. N.W. M. 19291 ¢ Shop B & Shon Corp Tuvest Ine. public utilities 1sing attention came for in creas under leadership of United Gias & Improvement, which stablished a new top. Eleetrie Bond @ preferred, and Electric Bond ave Securitic ation were ng the favorites. Ities of the an A 1008 1011 ing Powder were hi ground up into new high in_anticipation of revisions of the financial structures which might result in a substantial stock distribution. Johns-Manville new sold at a new high record, with the huying apparently based on the be- lief that higher p were justified a . under the recent recapitalization e A 3 t Al Dl 10B GKE 390 Rer 120 nu3 6 6 128% 94 106" 114 9615 107% 98Y% 110% 114% 30 100% 100 9k 99% 97% 104% 72'5 RY CLEANIN AT WOODRUFE'S of the Hizhest Qu; 70 Slnss Sheft e 16 Sider Pack 6 34 Soueast P&LL 6 and_Invest 580N V 6! 14 Sun Maid R 6 Sun ‘0i1 were subject to rather heav: king at interva ity costs and Strs nfd | You less &PTCo It pid 1 ing, which carried the pr the' 56 level again. ce across timates I 111-C-C StL&NO 5s. Int Rapid Tran bs. Int Rap Tr 6s stpd., Int Rap Tran 6s... Int Rap Tran 7s... Int & G Nor ad 6s.. Int RysC A 6s 72.. Int Rys C Am 6s 41 Kan City Ft S 4s, Kansas City S 3s Kansas City S §s. Lake Shore 4s 28 Lake Shore 4s 31 Louis & Nash 5%s. Louls & Nash 7s... Man Ry 1st 90. Market St 7s 40.... MIIEIRy & L 58 51 Mil El Ry & L 55 61 M St P&SSMecn 4s MStP&SSM5s38gtd M St P & SSM 6%s MK&T4sB MK&Tadjbs.... MK&TprinbsA. MK&TE6sC. Mo Pacific gen 4s. Mo Pac 5s 1965 Mo Pac 53 77 re Nassau E Ry 45 57, NOTex&M5sB.. NOT&MS% N Y Cent deb 4 NYCrfim4%s1s 103% | N ¥ Cent r 1 5 107% | N Y Cent deb 6i 99% 5 90 | NYChi&StL 5%sB. 10 104% |INYC&StLésA.. 4 107% | New Hav deb 4s 57. & 105% | New Havencd 6s.. 3 90 [N Hav&H clt 68 40. 12 89 | NYStateRy 6%s62 2 102% | N Y WA Boa d%s.. 46 9914 | Nor & S gen 68 54.. ] 1007 | Nortolk & W cn 48, 5 9 ot Bl 105% | Nor Pac 3s 2047... 5 Y Wash. Market 1 i 100 | Northern Pac 48..0 72 Wardman Park Hotel 574¢.0 1021 | Nor Pac 4%s 2047.. 3 STOCKS. 100%, | Northern Pacr16s 12 o Ty 103% | Ore Wash 1st 4 % el R 105% | pennsyl gen 4%48. . ion. 7L 10534 214% 106% 1027 93 108% 6Tt 102% 108% 88% 95l 106% 105% 110% 107% 120% 102% 102 102% 104% 98Y% 1041y 100 100% 102% 102 112 104% 106 108 104% 96% 9874 102% 85 103 tes Pow pid 1 Ch A Washington Stock Exchange SALES. fd. 5% 8—5 at 101%, 5 Commircial Bank—3 at_264. Columbia_Titl» Co—60 at' 12, Lanston Monotype—10 at 9914, al & Keus. . Co 1 Hires 0 puSeRam= S Potomac_Electric at 101%. 5 3 The New York Life Insurance Company Offers to Make First Mortgage Loans On Improved Real Estate in the District of Columbia and Nearby Suburbs in Montgomery County, Md., for 3, 5 or 10 year terms on your Apartment 1 Apply RANDALL H.:HAGNER: & COMPANY ;on‘-rc;u:-l LOAN: CORRESPONDENT 1321 Connecticut Ave. Telepone Main 9700 est_Po 5158 A G 33 Wh 8 M s ww 1001 1WE O &R 5158 9614 FOREIGN BONDS. Chevy Chase Potomae Elec Salen i thousands 1 70 at 993 Lodigrehants” Transfer & Storass pfd—10 ai o1ty Washington Rwy. at 8613000 ; Liberiy Natinal J ; 3 s o f iy Druz 1 McCord Rad Johnson 2 Mefv Melv 2 Ber C E 3 Brishane B Ruenos R Buenos 11 Buenos 1 B Washil Co—b5" at 4 Potom Yae—10 at 101 National PId.—100 at & Money- and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Bid a1y il ceee: 9 Swiss 5%81946.... 14 Swiss Confed 8s Toho Elec Pow 7s.. ‘Toklo 5 Utd King: Utd Kingm 5%s 37. 88 Yokohama 6s. 13 MISCELLANEOUS. Am AgriChem 7%+ 2 101% 101% Am Smit & R 1st b8 19 101% 101% Am Smit& R 6s. 1 109% 109% Am Sugar ref 6s. 15 104% 1045 Am T & T el trds. 7 99% 99% Am T & Tcl tr s, 4 104% 104% AmT& T sf 6s. 2§ 103% 103% Am T & T deb 5%s. 21 107% 107 Am Water Wks 5 99'4 99% Am Writing Pap 6s 90'9 89% Anaconda 1st 6 104% 104% Anaconda cv db 7s. 108 107% AndesCop deb 7s 43 106% 105 Armour&Co 4%s 39 9% 90 Armour Del 5% 9% 89 Associated Ol 6: 102'% 102% Barnsdall 99% 99% Bell Tel Pa 104% 104% Bell Tel Pa s C. 1051 1051 Beth Steel p m b8, 100% 100 Beth Steel rf 58 102% 102% Beth Steel 5%s 101 100% Beth Steel 8s. 103% 103% Rkiyn Ed gen 5s. 105% 105 Bklyn Union 5%8..167 215 210 ConGasN Y 6%s 106% 106 Consumers Pow 5s. 102% Cuba Cane ev £s. 98 Cuban Am Sug 8s. 1084 Dery (DG) 7s. 6Tt Det Edison 65 40... 103% Det Edison re 6s 1084 Dodre 6s. 7% Donner Steel 7s 95% East Cuba Sug 7% 3 106% Emp %F6ls... 4 105% EmpLoG&F 7% 110 Goodrich 6%s 107% Goodyear 8s 1 120% 102% Hershey 5% Hoe & Co 6%s 10145 Humble O & R 102% Illinols Bell 1st 104 Tllinots Steel 4348 9814 Indiana Steel bs. 10415 Int Mer Marine 6 100 Int Paper 68 47. 100% Inter Paper cv 6: 102's Inter Paper fd 6s. 101% IntT&T 5%s. 1% Kan CP&L 68 A 52, 104% Kan G & El 6s 52 105 Kelly-Spring 8s. ... 108 Laclede G 5%s 62, 104'% Lorillard (P) b: 96% Midvale Steel 68, Montana Pow b: Mor’s & Co 1st 4%s N Y Edison s 44 N Y Edison 8% YGELH&P4 NYGELH&P bs. N Y Tel 4%s. N Y Tel 6s 41. N Y Tel 6s 49. Nor States Pow 6 Nor States Pow 6. Pac Gas & El bs. PacT & T 1stbs... Pac T& T 6862.... Phila Co5%s 38 PhilaCorfés A. Phlla& RAC& 168 Plerce-Arrow 8 Public Service 6s. P ServGas5%s 64, Stnclatr Ofl Sinclair Ol $%48. .. Sinelair Oi1 7s. Sin Crude O1l Sin Pipe Line So Por Rico Sug oy Southwest Bel . WRIGHT AERO PROFIT. Stanil:rdgll’NJ’h e hagust 2 Sug East Orlent 78 NEW YORK, August 2 B [DIDAC fok BI85 AL (efioa Toledo Fdn 1st hare, is reported by the T Aeronautical Col Office Building Business Property oata Rica 78... 2 Denmark _5%ax . 101 1Free St Pr 613 083 11 Ger Cons Mun F5100% @ Hamburs, St e . 90 % 1 Ml 81 . 330 West Tl 1 id W Uil s bt 16 Lombard EI 78 A 1Mendo 738 5L 6 Morid El 78 A mevideo 6’ A Bogota 78 i Mor Bk Chile fis ¢ 2 Muni Medellin 78 18 Pernambu 78 '47 10 Peru 78 ... 2 Rio Gra i # Rio Grande 7s ‘67 2 Russ G_6l4e ofs 13 8ax S M T 618 158erba 78 B .. 1 Stin Hugo 4 Stin Huko 7s_'30 10 Swies Govt' 51551011, Trondh 5las ‘37 87 Uni EI Serv 78’ A 96% dend. Asked 101% 101% 109% 104% 99% 104% Ana. & Pot. guar. & P. Telephone 3 Cany rac New Bond Issues Sl T 2 Nor Stat P i Xoron P ). 1, Ohio B T 7a pid AP GEE n 1t vtd 3 Penn Fenn Penn 1, Penn 4 Penn 10 Peop Drug Store 10 Phila_ Elec 8 Philip Morri NEW YORK, August 2 (Special).— Lee, Higginson and Co., W. A. Harri- man and Co. and the New York Trust Co. are offering today $5,000,000 Cen- tral Bank of German State and Pro- vincial Banks, Inc., first mortgage secured gold sinking fund series “A’ 6 per cent bonds at 95, to yield over 6.40 per cent. The bonds mature in 1952. The indenture provides for an annual cumulative sinking fund with the first payment in 1929. This fund will be sufficient to retire all bonds at or before maturity. An 1issue of $2,000,000 Buncombe County, N. C., 4% per cent road and bridge bonds at prices to yield from 4.35 for the maturities to 1932 and 4.45 per cent for maturities to 1957 is being offered today by William R. Compton Co., Eldridge & Co., A. B. Jeach & Co., Inc., Howe, Snow & Co., and the Northern Trust Co. of Chicago. —_— CHICAGO LIVE STOCK MARKET CHICAGO, August 2 (A) (United Ftates Department of Agriculture). Hogs—Receipts, 28,000 head; uneven; generally 10 to 15 cents lower than yesterday's average; spots 25 to 35 cents off on weight averages 210 to 240 pounds; shipping demand com- paratively narrow; top, 11.00; bulk 160 to 200 pounds, 10.65210.80; 220 to ' 250 pounds, 9.50a10.50; few butchers, 280 to 330 pounds, 8.7 most packing sows, 7.60a7.90 weights, 8.00a8.25; hest pigs, 10.50; bulk, 9.75a10.25. Cattle—Receipts, 10,000 head; fed steers and yvearlings steady to strong; &pots higher on better grade weigh! steers; vealers, 25 cents higher; other classes fully steady: strictly choice ~~weighty hullocks, 14.60; new high for meason; medium weights on long vear- ling order, 13.85; mixed yearlings, 13.35; part load long vearlings, 14. stockers scarce; mostly 7.25a8.! feeders demand very narrow; veelers mostly 13.50a14.50; few 14.75, Sheep—Receipts, 13,000 head; fat Jambs 25 to 50 cents lower than ves- terday; natives fairly active at the decline; bulk good natives to packers, 12.50213.00; few selected kinds to city butchers, 13.35a213.40; sorting on tives moderate to heavy; no ranwe Jambs sold; asking around 13.7 choice offerings; cull lambs, &. sheep steady: desirable weizht pativ ewes, £.00a7.00; few rangers held around 7 Potomac. Wash. Alex Alex. & Balt. & heton” G ; Gae Gs. serics A An s, sories B . I Rw Tec. 4 Rwy. & Flec. gen MISC! 3 Barber & Ross. Inc Chestnut Farme T Cheyy Chase Clu D. C. Paper Mf Pot To Obtain a Mortgage Loan— 23332 SERERE- F 86 103% I3 o Markets at a Glance W W Come to an organization whose business it is to make loans. We lend money on improved or in- come-producing property and also for new con- struction. We are ready to help and advise you without obligation. NEW YORK (#).—Stocks strong; Timken Roller Bearings rises 17 points before reacting. Bonds firm; invest- ment accumulation continues. Foreign exchanges steady; Japanese yen rally 22 points. tton declined; larger crop estimates. Sugar easy; increased spot offerings. Coffee higher; trade buying. CHICAGO. — Wheat eas: larger country offerings. Corn lower; predic- tions beneficial rains, Cattle steady to strong. Hogs lower. anlinnn\ Capital. ... . 5 n -— oo i ; g CALL MONEY STEADY. Commercial MK oy m]’lw;. Bt ] NEW YORK, August 2 (®).—Call GSOLE & & money steady; all loans, 4; closing bid, | 4; time loan: mixed collateral, {60-90 days, 41 4-6 months, 4%; prime mercantile paper, dad COTTON GOODS QUIET. NEW YORK, August 2 (Special).— Cotton goods markets were quiet again today as print cloths advanced 15 at 773 for 64x60s. The standards 68x72s were unchanged at 9. Raw silks were steady in a slow market. FLEECE WOOLS FIRM. BOSTON, August 2 (Special).—Deal- ers in the Boston wool market are holding fleece wools firmly at the re- cently advanced offering prices. Texas clips in stock here have been heavily reduced, and territory wools are mov- ing well. Ohio grade combing fleeces were quoted today at 46 grease basis for fine delaine, with half blood at 441,a45, three eighths blood at 44a45 and quarter blood at 44a45. Fine ter- ritory was quoted at 1.10al.12 clean ba French combing at 1.08, half S2332520 32223232 “ra @ b ra 1Pug 8P 13 Puliman C 7 Reo Mot 3% Richman 4 Rich Rad mBarrapvaSviEmanss Low Interest Rates Immediate Answers ;::::;} :S*‘.‘ and Commission Peo & E 1st 43 4 Pere Marg 1st 58 PCC&SEL 58 B 75. Port RL & P 68 42. Reading J C 48 51 on All Applications B. F. SAUL CO. Main 2100 925 15th St. N.W. RIATk&L4%s.. St L IM&S R&G 48 20 StL&SFpI4sA.. 46 StL&SFprinbs. StL&SF5%sD. StL&SFadj StL&SFinc6s SIL&SFplésC. StL S Wcon 4832, 17 StP& KCShL 4%s 5 SanA&ArnP4s.. 11 Seaboard A L 4s sts .1 Seab A L ref 4 9 Seab A Lad} 9 Seab A L con 58 SBAIl Fla 6s35A 8 Sou Pac 4829. 6 Sou Pacific ref 48.. 50 SouPac 4%8A 77...173 Sou Ry gen 4s., 27 Sou Ry 68 5 Southern Ry 6% Texas & Pacific 1st 15 Tex & Pac 63 771ts 16 Third Avref 4s60. & 37 | Third Ave 1st 5537 12 115% | Third Ave adf 6s.. 69 ond .. National’ Bank ot Wash. TRUST COMPAY American Security & Tru Continental " Trust erchants’ Bank..', tional Savings & T Capital & Surplus, $3,000,000.00 There Are Any Number of Ways —to lose or misplace papers of importance—but one way to safeguard them, com- pletely. That is to keep them in a SAFE DEPOSIT BOX in our modern vault. TYou'll be surprised to learn how moderate the cost is. Come in and make inquiry. We'll be glad to show you our vault equipment. National Savings & Trust Co. 60th Year i ans Lux Y'ch, 'rumbull_Steel, 3 Fuscon. Steal i'mion Trust... . 2200 4 Tub Art S B vte Wach. Loan & Trust.. 4 Tung " Sol’ Lamp SAVINGS BANK. e 1 UniArt Th Rank of Bethesda Tiseuit Commerce & Saving 1 G Imp © Washington.. | Lt & T on tomae_Savin; : 1v Leaf Tab. Seeurity Sav. & Com. S Freight & Stroet. S Battery ited States . P & L ovie 95 W 95% | L » . t ‘ashington Mechanics L 1l Shopt] way 101 i . yarner Bros Pi 88 3 - 3 Watt & Bond 115% Daivy Prod A § i Dairy P vie B 121 st Md 1st pf 1 107% 597 695 g‘}?“ 4 4 e Sales MINING STOCKS., e % bt VE! hundreds. 3% | Tol Tr L&P 6%3530 5 100% o Chil € N 107% | (7 Pac 4148 6700 155 9T% Globe C.. 9531‘; Un Pac 1st ref 6s.. 10 110% Calum, & Jeromé blood at 1.00a1.05, three-eighths blood | 103% | virginta Ry 1st 68, 17 1064 et Pederal 3 e at 90a92 and quarter blood at 80a8 1104 | wabash 1st b 5 103% pogery Federal-A: i3 reka Croe B o B i 101% 8376 Bonn, 9 1007 4 S o Leat 3 « 4 2 106 ' | Wanash 83407600, 6 10 - GONSOLIDATED CIGAR. 10114 | West Maryiand a. 21 83% NEW YORK, August 2 (P.—The 1047, | Western Pacitic bs. Consolidated Cigar Corporation had a 1021 e net income of §1,280,614 for the six 1041 months ended June 30 as against 10014 788,614 for the first half of 1926, and 95 a net income of $756,985 for the quar- ter as against $461,649 for the same 107 105% quarter last year. 10.00a e S8 aomusnt - S 29% American Coreoran Firemen's .. : National Union..". TITLE 1) | ‘olymbia_Titl SRt T R RE D ARDND AU HNR A MEOO~AHRIING AR N - 106% 10314 100% 105 8344 99% & Stor. pfd. notype. . & Tnv. pfd 13l Oldest Savings Depository in District of Colum Cor. 15th and New York Ave. 7 FRENCH PRICES LOWER. NEW YORK, August 2 (#).—The index of wholesale prices ip France decreased six points for June, due Jargely to a _decline in the index of food stuffs, the Bankers' Trust Co. is informed, the general figura for June heing 636, as against 642 for May and 754 for June, 1826. FEDERAL LAND BANK BONDS. Wagh. Mech. Mtge. com. Woodward & Lothrop pfc *Ex dividend. 2 . GERMAN BONDS AND STOCKS. Special Leased Wire to The Star. NEW YORK, August 2.— (Quoted in dollars per millign marke) 0 100000 Ger Gt (w In) Be 1014-18. 900.00 100 Hamburg 4758 1010 75,00 CiGotd inGottarw et Gor Gen Elec 4 18 pro-w Ger Gen Eleo 4748 1910 . erlin 48 prowars. ... . Hamb e 1 Yon & 48 Dre’ Hambure Amer Line 4 158. N Liovd 4148 FE Rate—Maturity. 2 Mav 104iat 38 Nov A Third of a Century's Experience FOREIGN EXCHANGE. (Quotations furnished by W.B. Hibbs & Co.) Nominal Selling checks May Jan. Jan, July July FEFEEE > - Min nden Cop Sales in INDEPENDENT OIL STOCKS. hundreds. 11 Am Con Oilfids. .84 4+ Am Maracaibo C I:‘ 209 Vacancies In Your Apartment— 100% 9214 1091 104 102 100 106% 108 107% 910 London, pound. Montreal, dollar. Paris. franc. Brusgels, franc Berlin, mark Rome. lira Zurich, franc: Athers drachi —no matter how few— are an annoying drain on income. There is, how- ever, a safeguard against 10214 100% 107 108 TREASURY CERTIFICATES. (Raported by J. & W. Selizman & Co.) g Noun. 107% Ji% g Tt Pragio. crown. poration for the six | y's'Rup 18t T2 6a. s months ended $323,14%, or $1.29 a share, in the first half of 1 Net profit for ihe quar- ter was 1, & gain of $5¥,401 ceding quarter, DIVIDENDS. o7 able. Wing Glase ahic & Ship Ins Bl Vrene Mfg.. . g“" fee Crm b tand Oil of Tnd B Bugdebaicsr Co 1054 108% 994 99% 91% 106% 10274 103% 132 102% 100 108 104% U S Rub 7%s. U S Steel st 6 | Utah Pow & Lt b Vertientes Sug 7s. Warner Sug 78 39.. Warner Sug 78 41.. West Elec bs. . Westinghouse bs. White Sew Mch és Willys-Ov 638 33. Wilson & Co 1st 6s | Winchester A 7%s 10%% 90% 90 P54 v6U 292% 2! 98% 98% Sl 814 At&S F cvt 4s 05-58 Atcnison gen 48... 24 AtianticCLecl 4s.. 10 Atlan C L 4%s 64. Atl&Danlst 848, 1 99 % Rate-—Maturity. w Sept. 16,1 Sept. 15 8 Dec. 15 Bi o 99 31-32 100 1 SHATTUCK INCOME UP. NEW YORK, August 2 UP).—Frank G. Shattuck, Inc., owner of the chain of Schrafft’s candy stores, had a net income of $450,085 for the quarter end- ing June 30, equivalent to $1.50 per share of common stock, as compared with $390, , or § per share for the same period of The net in- come for six months is reported as $340,815, or $2.80 per share, As com- pared with $707,100, or $2,35 per share R ¥ kfort a-M 4s pre-war. AE e Elec) nfd. Commerz and Privat Bank . G. Farben.... Disconto Gellscha Berliner Handels. Dresdner Bank . B.I“lt"ha Bank armstaedter Banl Mercur Bank Vien Heyden Chemical Austrian A E G Norfolk Southern Railroad Co.'s re- port for the first six months of 1527 shows surplus of $516,855, after taxes and charges, equivalent to $3.23 a share on the outstanding stock. This compares with $453,762, or $2.83 a #bage, in the first halt of 1926 BHL, "fi%fl”o&i‘ By ulf Oil of Pa.: Houston Gult G Kirby Pet. Leonard 0Oil 33 Lone Star G 3 Mount 17 Nat. Fuel G 2 New _Bradford 1 Pantepec Oil. 1 Reiter-Fos O ‘é\"l gfln. idal Osage 8Tid Osage O N 4 Transe Oil pfd.. 14 Venezuelan Pet. . Wileox 0 & G 6. 1 Woodley Pet n.. 2Y oil n... Sles STANDARD OIL ISSUES. in nnits, ik i 16%. A8k o) 8 g n: 0 2000 Cont] 200 Gal Sy Hie Warsaw. zloty Copenhagen, ¢ Oslo. crown. Stockholm, ‘cro NEW YORK, August 2 (#).—For- elgn exchanges steady; quotations (in cents): Great Britain, demand, 485%, cables, 485%; 60-day bills on banks, 481 5-16; France, demand, 3.91 7-16 cables, 3.91 9-16; Italy, demand, 5.43%; cables, 5.44. Demand—Belgium, 13.891% ;Germany, 23.78; Holland, 40.0414; Norway, 25.83; Sweden, 26.7714! Denmark, 26.75; Swit- zerland, 10.28; Spain, 17.03; Greece, 1.30%; Poland, 11.20; Czechoslovakia, 2.96%; Jugoslavia, 1.76; Austria, 14.08 Rumania, .61%5; Argentina, 42.50; Bra. all such worry. Our Third-of-a-Century spe- cialized attention to apartment rental prob- lems serves to increase inco.r.ne by reducing va- cancies. SAUL CO. 925 15th St. N.W. Main 2100