Evening Star Newspaper, August 10, 1927, Page 11

WL EVENING STAR. WASTTINGTON, BOND PRICES RISE INTODAY'S TRADING Financing Resumed on Active Scale, With About $33,000, 000 in Issues Offered. SPEARE BY CHARLES F. Rubber Bonds Hizgher. Wes ¥risco ir Bank s a small Nhine-Westpha . riew the effect for o cured honds The United € continues dull the easy money moven: iberties will come when for r e remainin, are made ates Go: nd condit the econd 4 kne Bond Issues NE The National ¢ £15,000,000 Rhi Power Corporation direc per cent gold honds due 1 and interest yi was announced these bonds had been marke outside " the Un Principally in Holland and Swede mort 2000 ¢ 1 1ni An issue of $4.6 cent bonds es was & Co. ing 5 pe at today by H yield 5.20 per c A group composed of the Bankers' Trust Co., J. & W. Seligman & Co.. the Continental & Commercial Co. of Brown Bros. & Co., D and the Marine Trust offering $12,000,000 or Corpor cent sinking fund gold debenture: August 1, 1947, at 100. . of Buffalc Stranahan, Har ing $736,000 City 41 per cent sewer 10 yield 4.10 per ce of St. o Joser! bor a DECISION ON RIGHTS. NEW YORK, A 10 (®).—The New York 'k Exchange committec on < D 1 transac tions in prote the Bangor F) all be ex-r Railroad and that led s in rights will be 2 s to subscriba expire & Oatis are offer- | mmon stock | UNITED STATES. (Sales ars in $1990.) pa High Low 100 Lib3ks... 4 Lib Lib2d 4%s. Lib3d41s Libath 41is US3% 43 _US3%s... US4s 1944, US4Ysi2 FOREIGN. Sales. M 9 Argentine 6sJ Arzentine fs Oc: | Arzentine 6s A.... Argentine 6s B. Australian 5s. Bank of C Belgium 6s | 2ordeaux 6s. Brazii 6148 Canaa Chile w1043 ile 85 1941 { Chile 851946 Chinese Con Pow Japan s, Juba Sl French 743, French 8s... German 7s Ger Gen Elec Ts. | Haiti 63, Montevi Netherlands 6. Nord 6%s Orient Dev deb fs. . Paris-Ly-Med §s Paris-Ly-Med 7s Paris Orleans 7s. Peru Poland 65 40. Poland 8s Porto Al Prague 7%4s.. Rio de Jan 8s 1946, 0deJan 2547, Gr Do Sul 8s Rome 6l4s.... Sao Paulo 19 Saxon (PW) 7s ine 7 rbs Crot S sons 69.... 104% 10474 104% 115t 1040 1045 9915 94% MISCELLANEOUS. | Afax Rubber 8s.... 3 107 107 Am AgriChem 7% 2 10 102 {AmSmit& R1st5s 8 103 102% Am Sugarref 6s... 6 1041 101 AmT&Tcltr4s Al AmT& Telrss, AmT& T st 5s Am T & T deb 5%s. | Am Water Wks 5s. Am Writing Pap 6s 45 0 Anaconda 1st 6s... 14 104'3 104' Anaconda cv db 7s. ' 103 AndesCop deb 7843 57 107 )| ArmoursCo 43839 65 " aut, Armour Del5ls.. 19 903 4 102'% N 2105 1 13 103% 10 141075 107 2100 100 201, 20%, 10: Barnsdall 63 1940, . { Bell Tel Pa 5s B, Bell Tel Pa 53 C 3 Beth Steel pm 105% 1054 | . 16 100% 10013 | Beth Steelrf5s..." 5 102 101 | Beth Steel 5%3 53, 13 101% 101 | Beth Steel 6s. 1 104% 10375 Brier HSt1st5%s 1 106 105 Bklyn Union 5%4s..120 2 Con Gas N ¥ % 106 Consumers Pow 58 5 103's Cuba Canecv £s. Dodge 6 . Donner St . East Cuba Sug T%e EmpG&F 6 : Empire G & F 7 | Fisk Rubber 83 | Goodrich 6148 Goodyear 851931, Goodyear 8s 1941.. Hershey 5%s Hoe & Co 6%s3. 1613 11615 DT 107% Bell 15t 5 Steel 4158 Int Mer Marine 63, int 1 29 1004 _ | Inter Pa GERMAN BONDS AND STOCKS Wire to Th SosErgas ‘Rubher 7 g 1 1 1 | Wheeling Steal C. Bae 1618 954 Inter P’a Int Telk IntT& T 5%, Kan CP&L 5 1067 105'3 16700 107 104% 10 lede G 5148 " 14 104 Lizgert & Myers 55 Lorillard (P) bs... Loulsv G & E 5852 Midvale Steel 6. Montana I'()W 5, 17 10 6 100 1o Edn 15t Ts, 4 Drug 6s. bistrtbs., T2 10 109% 109 100 997 5 100% 100 3 102% 10 10325 103 148 147, 102% 1027 1004 100% 1065 10 4 1037 104% 105 h Pow & Lt 5 Vertientes Sug 7s. West Elec 58 . Westinzhouse 58.. 5 White Sew Mch 6s. 11 Wi w1833, 1 Wilson & Co 1st fs 1 | \\w hester A 714s. Youngstn S&T 63 FAILT‘OAD Dan Ist 48 47 Dan 2 43 48, 1 & O Gold 4 B&Ocv4%s. B & O ref 6s. B & 06582000 D.. B&O1stbsct... ia 103% 10719 1071 61034 103 Received by Private Wirs Direct to The Star Office Closw 108% i 10113 a9% 10254 101 1001, 10 " | West Shore 4s 2361 103% 1037% 107 103! popes, $%ak “|chi Nw BULLS ENCOURAGED - INCURB DEALINGS | Sales, Mizh. Low. Close. iB& Ot Impes T e 11 {B&OSW & L3I0 104 104 | Bklyn Manhat 6s. ‘mrrum-mlv.m 18 { Can Nat 4%330,.. 15 100'% | Can Nat 41%s54.., anad North s 81 nad Pac deb 4., 970y 15 Serv-El Bonds One Fea- ture of Market. WILLIAM F. Dispateh to Tha IW YORK, Au workir tofGasVa. “ent Pac 1st 53 90, ChesaCorp 5s wi. .. hes & Oov 4148 458 ) 100 Alton 31es... 19 B & Qrendssd 7 43 10% &Q-11131%s. price & 1111 gn s ound numerous CM&StPend CM&StPreaty CM&SP of 4158 &StPe .- scfs 14 | t > M & St P Chi & NW gn 4148 2037 hi& NW 7s. Cht Rys ChIR1&Prfds., ChiTH& Chi Un Sta 4% Cht Union Sta 5s 44 | Chi & W Ind cn 4s.. CCC& St Lbs.. CCC&StLrf6sA. Clev Term 58...0.0 “lev Term 5%S.... 3 bee maintained was the t of the (tion on howin 76N tons over steady de duction in the an indic ting with ighly fa iited Stat nfilled tonna nincrease e. and t ease in erude Seminole ficld, which jon that the latest the u Wle of the 4 1 1 1 1 ba a R T Del & Hud cv el & Hud s buying wppeared in down profits where nd were of hurry these had opinion that the re which became pronounced Jast | week had materially strengthened the position the market the outstanding in urn in cent honds whic ost 4 no 3 West 10 1st co; action ecvt 55 67 wi.. ie & Jersey 6s. i Genesses R 63 1 6 per forward al oy ed the dem s improven > ve *inted than they Bunker J1ill wed its previous t cen B.& W db B. 1£ Mo 58 B 50 & Man ref bs & Man aj 6s. Cent 43,3 66. Central rf 5 1d e Minin to was dchmond Aiivan point this had (o do with 2 000,000 National pid Tran 5s. | Int Rap Tr S acpi: Int Rap Tran 7 { Int Gt Nor Int & G Nor 1st 6s. Int & G Nor ad 6s. 4 that Kansas City S3s... 5 ¥ sas City S 3., .ake Shore 43 28., | Lake Shore 43 31.. i Long Isrt 4s 49 | Man Ry 1st 90 Man Ry 2d 4s 2018 | Market St 7s 40. stod ont when eks known ful hank ints to have the backing of powe ing interests maint ed the of prominence, notably Johns-Man and Glen Alden ¢ 101 100'% 9 1% N8l MStPESS {MStP& 971y 1004 89 8 i ¢ K3 vas 106 | at 305 ; 103 109 | " wath, s 6o 10% n Mot % st 109 3 L'lli 10 16%s IMK&Tistds. ... MK&T4sB | MK&Tadiss.... o |MK&TprinssA. 1% MK Mo I’flrihcfienl Mo Pac 5s 1965, | Mo Pac 5577 ret New Or Term 4s. O T&M 65 C 18 NOT& M5%s... NYCrfim4%s13 N Y Centri5s \ Y Cent LS cl 3%s NYChI&StL 5165A. NYChI&StL §%sB. INYC&StL6sA. Sew Haven cd 63 N Y Ont W ist 4s. N Y Rys 65 65. N Y State Ry 4 NYW&Bos4% Nor & S gen 58 54 | Norfolk & W cn 4s. Northern Pac 5s D. Northern Pacr 1 6s Ore Wash 1st 48 | Pennsyl con 4%s. | Pennsyl gen 4%s. Pennsyl gen 53, | Pennsyl 6348 Pennsyl gold 7s | Peoria & B inc 4 PCC&StLbisA., l» | PCC&StL 55 B 15 ,vmuu,r-ssn. Reading gen 4%s, | Reading J C 4551 | R1o G Westcl 4s.., |RIATk & L 4%s.. 10 Farm 35 e—%1.000 1 <1000 100 pid—5 at at at 1081, IS 5 110 110 Money—C ans. 5 and 6 per cent. BONDS. Bid and Asked Prices. PURLIC UTILITY. Telga, < b jital Traction 93y 9674 1050 [REEN a0 101 11 4 110t 2 112 106% 51 110 109% | 10003 | 100 93% B6% 96 9914 9% 947 58 88 1016 10Ls 101% 101% YL 981y 1017 101% 9474 95 | 106% 105% 1 STOCKS. PUBLIC UTILITY, 170 99 tL&SFpI4SA. 6 tL&SF prinbs. & tL &S Fadj6s. St L & S F inc 63. .. SFplésC. t P& KCShL 4%s t P Un Dep 5 nA&ArnP4s ab A Lref 4 A Ladj5s seab A L con 6s 11 Fla 6535A. ou Pac 4s Sou Pacific ref 43, SouPac 414 5A 77, Sou Ry gen 48, u Ry Con 53 %4, 100 109 ou Ity 63 56 115% 115% uthern Ry 6%8.. o 122 122 | Sou Ry Mo & O 4s. . e 92% 5% 50, 17 ris NATIONAL National Cavital. . PANK. TRUST COMPANY American S 101% 101% #8% BKYy 150 1o Mot Nitional Sav | Union ‘Frust 510 19 1055 105% 105' £ 100% 100% 1001, 5 69% 69% 6914 15 63 61% 6% 797 ST ar nion Pac 1strf 48 10 U4'i 91 4% | Cn Pac 4%s 67. 32 98% 98 984 | Union Pac cv 6s. Wi t0l's 1011y | Virginia Ry 1st68. 9 107% 107% 107% bash 8s 76 B 3 101% 101% 101% Wabash 5%s 76... W04 108 1047 West Maryiand 4 B1la K3 Ki4 Western Pacific 3100 99% 99% Tex & I A-f‘ M. MISCELLANEOUS Paper i A I Mt s 10 P quotations | 1in, demand 60-day bills | France, demand, | ; Ialy, demand, | German Villagers Frightened by Falling Ball of Fire. August 10 (#).—The vil lagers of Gluesing in the province of srunswick were much frightened re cently when a ball of fire came tear {ing through the adjacent forest and exploded with a _loud report. Headed by the chief fore a party set out for the place where the fiery ball seemed to have tonched the ground. They found a meteorite of considerable s Izium, 3G Holland, SQweden, 26,80 Switzerland, 19 ece, 1.30%; T 14.08 13.901 40.05; many, Norw Denn Sp and, 11.20; Jugoslavi Rumania, 621 vl 11 Demi 3.74% ’ CAR LOADINGS GAIN CALL MONEY STEADY ‘ ' TWOYORK, August 10 () eady; all loans, ; closing | time 1« steady; mixed L 60-90 14ndy; 46 43a4l3; mercantile of freight can railvoads aggregated 1,04 621 cars, an increase of 33, over the preceding week, but a_drop of 50,376 cars below the corresponding week last year, the American Railway Association qn\wno'd today, - Toadi Ame svenue on —Call | months, prime sradual | oil pro- | of- | n Lo 1 T TWEDNESDAY, AUGUST 10, 1957.': . FINANCIAL, NEW YORK CURB MARKET Following is the list of honds and stocks t J‘ urh Market today: 51 Am 1Am 1 Am P Am 1iAm Received by Private Wire Direct to The Star Office raded 101 in on the New York fira it 183 q, b JaD ””” 11 Ih..w Con Ga: 1B T & n Nat i cin Nat 40 Care P Balt 0 60 i t o1 It st P& o 4 i i Fra K 10 = Leo Lon 2 pen 1 pen i Phil 10 Phil Phill I Pitis s S pult Rick i sal Seif 2 Tun Tun, 7 Wost W Wi Wi Wi Yol INT I Vi Am Am Atk 1 Cant G R 100 Anglo Am O1l 50 Huie 100 i b’ Fm 400 Thinois L pon fmn 0 of Cin'i 100 Indian 600 Inter 50 N Y 200 Ohic 1000 Prasel 100 Sou W P S0 100V Ailien ATl 10 Am G 11 Am 20 Am 1Am 1 Am 4 A5 & Lamh ¢ =S P &I 12 Rem R 156 Servel > St 4 idar nic T MG e TEHM G shman Chas Teon Syl FOREIGN BONDS nhard < I Lt p Stk A Char > Hun LA o Hyd' El 1 Bk Denkc 100 100 ke Davis Ohio Ohio E n P& 1 Wat Pw ¢ n Drug Store Ak ih Morris in Morr - Rl 08 INEN 8 1y o W YORK Elevator at rm: convertible weign excha tled; gar—1ligher; ffee—Lower; CHICA ;dmn.w P —s new h mortgages adv: Spani b evelopmen, spot ma Rio receipts. 1t — Firm Corn—1 | er: small “attle—Stead { lower. 11 Declined. W | ) crop) better S PSL easic cony o Stores Storea \ R «)"v‘u re ong: | Bonds strong. | Cotton—U ket. rust WOOL TRADE SLOWING. BOSTON, August 10 of Ohio delaine at 45 cents today ex ished a price slightly under the el mcently prevailing in the Eoston | wool market and reflected the slowin down in the general market. Mills are | said to he covered on duplicate orders heavy weight goods manufacture but are not buyin: for light welght ods. Ohio combing flecces were quoted today at 45a46, grease basis for e delaine, with half blood at 45; | three-eighths blood at 44245, and quar er blood at 44, Fire territory was juoted at 1.10a1 ean basis, French ombing at 1.05. half bloc 1.0021.05 FIRST and SECOND MORTGAGE LOANS On Washington Residences Business Properties PHILIP MILSTONE 1305 D St. N.W. M. 1929 pecial).—Sales for FIRST \IORTG AGE 7% BONDS Sccured by Completed Bailding MEXICAN RAILWAYS. V YORK. At 10 (#) ional Raiiways of Mexico had May s of 664,508 pesos, Mexican rinst 1,238,128 pe Mex in Net ear the first ha of compa rst fiv et Denominations $1,000, 8500, $100 Call or Write for Circular five mol “ Marlow-Beech Corporation 1615 Conn. Ave. Pot. 6167 COTTON GOODS SLOWER. NEW YORK, Au « ds m 10 (Spec wed de Funds wanted to invest in trust notes with annual return of 8 to 10% and principal guaranteed against loss. Will stand ri gation. Local investments only. Address Box 209.K, Star Office 6'2% FIRST DEED OF TRUST NOTES WILL INCREASE STOCK. NEW YORK, Augt 10 P « | Stockholders of the Bowery and Fast { | River Bank have voted to increase ¢ | the capital stock from $3.000,000 to $4 000,000 by 0,000 shares A4 e to }nM rs of record 1t A Money to Loln iged b real eatate . 9lh & F N.W. Prompt Action F irst Mortgage Loans Lowest Rates of Interest and Commission | Thomas J. Fisher & Company, Inc. | Let your money earn Mortgage Money Loaned at Low Interest Rates e Conditions Tylell & Rutherford Loan Correspondent Mutunl Benefit Life 1520 K Street ~ Main 475 you a good income. Call Wm. S. Phillips & Co. Incorporated Main 4600 WE PAY MORE INTEREST 1516 K Strect N.W. ON SAVINGS ACCOUNTS Than Any Other National Bank in Washington Interest on DAILY Balances Come in and let us explain Commercia! Nat'l Bank 11th and G Streets Resources, $17,000,000 R. GOLDEN DONALDSON, PRESIDENT REMEMBER —a 6% return on a safely inveated grincigal makesloss but noise than a 1007 los: it's more satisfactory. Choose Your Investment With Care. First Mortgage Securitfcs Money Available E are equip- ped to give prompt service on il all applications for loans on Real Estate Security. Secured by Real Estate in the National Capital. Assured Annual Return. SHANNON_& LUCHS] 1435 K Street sh | n- | s | 1415 K Street Main ‘ ALTORS ], | | | 4752 ! BUTTER IS FIRM. NEW YORK, August 10 (P firm: < 0 <her than extras extras (92 o1 receiy creamery hi creamery fir Eggs, { fresh score), sts (S8 to firn gathered ery score), 3813 Tt Intl ken A e : E E 9; frosh gat bl 11 2 g nearhy 5 Sol La - 2 closely selected extr G Imi and nearby cifi " a “ | Cheese | State | 2812 { A N MIDLAND STEEL EXTRAS a1 5 cipe] > ki 3| NEW YORK, Au ().—1 e { rectors of the Midland s tod 0 & declared extra di O g ferred and 48 cents on ¢ Taxi €N Y n 14% Quarterly dividends of NG Yo and $1 on common also were BLER G STORKS: All are payvable October 1 im record September 20, Coast “ady whole : do., whites, receipts milk, flats Lvers run, extra Bond ] teel Co. nmon stoc declire RUBBER ADVANCES. EW YORK, le rubler, smoked rdvanced at aquotati Goldfisld M 10 (Spec ribbed today's m a month PROFIT DECREASES. | YORK. Au 10 (@ STOCKS | Butte & su i Y profit for first half equal to 60 cents a share $214,024, or 73 cents a share, first’ half of 1926 B aye | NEw L NT 011 Con Oflds Maracaihy Co 1 Synd & n n pi - (e Rl L0SS IN SECOND QUARTER. NEW YORK. Au California Petrolenm ¢ P ports net profit for th 3 SO, equal to 45 cent 12,060,017 of par * L SLATR065, or $1.8 it | shares for the fivst half of ! for the second quarter | as sora12 net profit of 331,180 for the d quarter of 192 Poosty rporation ot 1o 2 GO R A o O« it of Hloss tin. SILVER QUOTATIONS V' YORK. August 10 (#) 412; Mexican dollar | | | PANDARD Ol ISSUES, 0% 104 Mg TREASURY CERTIFICATES. S (Reported by J. & W. Seligman & Co.) s Ol (L 1501, htin 1 et Js M Transit . s ) Oi o i 5015 181 (Quoted by Alex. Brown & Sons. Closing ) Rate—Maturity. Bid 194 I Asked. T EE Rt W Pk 08 % 54 100 s 106 Pow & Tt ta 108 Roih 3 mm <u!" S HREH 106 105 ;fii’z B 2o 0es 0! 8 R e package hennery 4345 Western hennery 2242 6 hoxes nds of $1on pre > on preferred o holders his compares with | 10 (). —Th |u!r'f.’(j | fOl’ LOANS on cainst FEDERAL LAND BANK BONDS. Apnrox Vel A Third of a Century's Experience The Owner-Manager ; of an Apartment l frequently unsuc- cessful in his manage- ment if he lacks good measure of cither time or experience to devote to the task in hand. The contrary is the case when our Property Manage- ment service is employed. It is our business to spend on details the sufficient time that our Third-of-a- Century experience di- rects. B. F. SAUL CO. 2100 925 15th St. —is ) 1y APPLICATIONS INVITED IMPROVED PROPERTY Located in the District of Columbia and adjacent Suburbs in Montgom- ery and Prince Georges Counties, Md. 5:% INTEREST Apply to H. L. RUST COMPANY LOAN CORRESPONDENT Ghe PRUDENTIAL INSURANCE COMPANY of AMERICA 1001 15th Street N.W. Main 6888