Evening Star Newspaper, August 11, 1927, Page 15

FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, THURSDAY, AUGUST ]l; 1927.° FINANCIAL." BOND PRIGES IE | o v BONDS s (STOEKS UNSETTLED| [ NEW Yome cums wamer | (o e s | ~rwrsezor Received by Private Wirs Dirsct to The Star Ofica. it i i Dl B Ui i i On Washington nN EAS'ER MUNEY UNITED STATES. Sales. Hich. Low UN CURB EXGHANGE By Special Leased Wire to The Star. 300 Gal Six Ofl...... 6 8% I manories of Blick: Riist Damige _Residences (Salea are (n $1 0.1 B&O Toledods... 22 6% Kbl & NEW YORK, August 11.—Following | 1§00 Humpie Oil & R. 8 s e & Business Properties 50 [, Sales Higt. Low Close |Brdwy&T7thAvSs 1 T7l% T1% “ is a list of bonds and stocks traded in| 900 Imp O of € 4 5 Wh i i 10030 10030 10030 | Bang & Aroos4s51 3 B&% 86 85 on the New York Curb Market today | 1300 10’ ret C ¥id." ? a8 Carry Wheat Values Higher in | PHILIP MILSTONE . 3 1035 1036 | Bklyn Manhat 6s. 96 93% . with the volume of sale and prices up| 100 N'¥ Tran: o nr 8 Today’s Dealings. 1305 D St. N.W. M. 1929 Stock’s Strength Has Bullish| Lizasus 5510010 10010 10010 |BurRa Pittews. 25 7 1w 574 | Break on Big Board Has Re- | to and including the close of the mar-| 208 ohio Gfi.::: y's Dealings. o b Lars Bl S0 cantavoriee 5 2 kel 1000 Prattie 6, i Effect on Speculative 3NS5 100 15 100 1n 10g 14 | Canad Pacdebdall 4 st 4G flection in Smaller Mart, |85, _ ™PUSTRES Ly e | USSR Renn R S S 2| eHICAGO, Augue Car Clinch & O 5s h gh. - 3 4 CHICAGO, August 11.—Reports of (US4s1944. 1 10822 1082 10822 | Car Clinch&O 68 6 5 7 AR Pire 187t 1% i 03 0 Kenfiicky... increasing b - ; . 18 41084 2 2210822 | ¢ " b Pic vie 137 2008 0 Ke 3 g black rust damage to do- List Today. US44s52. 10 11320 11320 11320 | Central Pacifc 4s... a3ty ¢ Some Shares Gain. AR Bl 8% i 22 @] 1860 Valulin G5 R o g g FOREIGN. Cent Pac 1st 6390, 2 103 3 o Sales in 5 prices upward fast early toda At b - Salea Hizh Losw Closs | (@™ Corp 63 w 3 98Y 95 m Arch Co. o |thousands. the same time corn and oats advanced and give prompt attention | 5 0, 10 P JES F. SPEARE. Argentina s Ju 59. 10 10y .5 yus [ Ches&Ocevals.. 11 100% 100% BY WILLIAM F. NAN. & 5 b Ap o Ag i 2 y 981 to new high-price records for the sea- teats BY CHARLES F. SPEA ATgentine as00i3s '3 100 4o 10, |Chen& O gn slgm.. 4 o3 99 o ] HEFFERNAN. m an ; | 52100 sou, (5 GUvernment ciog report ap to applications for 2 Special Dispatch to The Star. Argentine 63 A.... 10 100% 1004 100% | Ch1& Alton 33s... 1 654 65% €54 | Special Dispatch to The Star. e parently indicating future heavy aban- ||l Loans on Washington NEW YORK, August 11.—Easier |Argentine 6s B. 5 19% 993, 094 [ChIB&QEendssy B 94w 91% NEW YORK, August 11.—It is L donment of corn acreage. Opening at m Ldy ris. 1 o P .| Australtan 6s. 21 98l 98y Coxususilb 100 9 4 % A - 15 off to 7 up, wheat later showed Real Estate time money rates and the announce- | Austria 7s. . 2 10215 1024 CB&Q-I3%s, 881 traditional that the Curb Market al e Rl 9 b P & L 5e gain of about 3 centa. Corn started i Clitentkratin b e o o8 Sim Har 6 20 ment of a definite program for taking | Rank or Chile §%s. 36 610: 9an 03t | Chl & E 11l &n 120 904 90 90 |ways moves sympathetically with O L o to 1% down, sagged a little more and up the remaining second Liberty 41is| Relgium 6s. 9 D Chi Gt West 4969, 89 735 73 | developments on the Stock Exchange then jumped rapidly. Provisions av-|[| €st. Should you have 2 o i consury cer- | Belglum 6155 10t 10215 103 |CM&StP4s25... 1 654 i eraged lower. with short maturities of Treasury Beletur ¢34 RN ko SO and the action of the market today o o e Money to Invest tificates encouraged the purchases of [ poEWM 18 o o o ik |cMastPensns 7 974 9 proved no exception to the rule. The from North Dakota today were given ||| —we can also take care of 4 Tl 4 igh-grade corporation bonds today, | 114% 1141 114y | CM&SPrfd4lksct 1 66 outstanding developments in the Blsn Shoes T . 1 Buft Gen El 58 A 1 special attention, and in particular - i E B ook ‘murket activities improv: | g 104 1037 1037 | Cht NW 41432037, 16 100 speculation was the drastic break in oo . “an Nat Ry 4 Word that soull fions Mot easty you. Our experience, ex ed the position of numercus spec dordeaux 6s 21 100% 190% 10014 | Cht Rys 6s.., 2 the highly speculative Manhattan Bord Y aro P ‘fis'n Mls“‘; wheat is damsged from 50 pec-cent to tending over a period of o 5 1. Y Masp) road and industrial is: Brazil 6148 99% 921 ChiRI&Prfas.. 25 ui% 94'¢ | Electrical Supply shares on the big b B % &SP b vi 58T, almost total. Some flelds were re- Thirty- - i ported as being in such bad condition irty-five Years bonds and Treasury Brazil 7s. 96w o6 a3 |CRITH&SESs.. 13 91 99 99% |board. g ] from rust that they will not pay tolf —insures your protection. ot long maturities were firm. Ti Brazil 8s 108% 1065 106% | Cht T Hinc6s6o.. 2 ¢ s 9 The abruptness of the decline un- t-Am Y Con gument for this was that in the ab- Chi Un Sta 43s... & settled speculative sentiment and 3 Biocia ot cut. ‘—rm,,,6 reports, together with samples shown here today from P cy H R u C Raleigh County, N. Dak., upset belief er . lusse 0. e o further supply of long-term | 101% (1% 101% | Chi Unlon Sta 83%s. 11 113 117'% caused anxiety as to whether or not & Bucrtue Government bonds to replace ithe out- | 5: 105% 105% 105% | Chi & W Indcn4s. 2 89 ¥9 speculative excesses had been com- ] that rust damage in North Dakota is confined to the Red River Valley and 926 lth St. N.W. ™ 3 Do 25 33%' e 225353 & EEERTESE S305uzo0252 B =333935335 R 532" 3 " 328225853 S ) DroEDe Serv s Serv Gas 5% El_Tlum 78 Larabee 6 ns Pu 6% L. s ) oo2mn 3 B2R0I3REGE2ET 2 $1,276,000,000 of second 4% 9.. 1 101% 101% 101%} C& \W 15%s62... 2 105' (05% 105 | mitted in other industrial specialties. f;;’;“:::rk(-t bosition for the old i < | Chile 75 1943 B lfynf l\‘l‘ 1‘1‘ CCC&StLbs..... 13 104's 104% 4| Stocks like Johns-Manville, Cuneo weuld be much improved, and conse-) Chile w1941, B Moo loomjcccaBtLrt6sA. L 103% 103% 103% | Press and others which had been to quently institutions again would l»o;r‘hllv S 1946 129- e lg;x- Cuba RR 58 v 8 98 98 8 the front in the campaign for higher buvers of them. It is the Tre; r r‘fl“ Pow Japan 7s. 25 {y. |[vo-: IOD‘: Del & Hud 1st rf s 10 9% 91% prices were freely offered, but the policy to time the maturity of t r Fflf‘e""aw' 5tes. '\1‘{: o oo | Del & Hua cv 6885 15 135% 135 1 manner in which the main body of \ ot posed short notes to coin St e Cuba 5%s. S :;1?,\: :0,\‘- }2;: Del & Hud 7s 30 1 107% 107% . 'smr.ks iwithstooa the selling was (it $r L 78 pT103 14 quarterly tax payment da: and to c! d s 5 91% 91 mpressive. Ele: P Tetire them in part from the procceds CEsnD BN S i {R:w, 2 86 mlu; The ofl shares were freely supplied s oW hee of such recelpts. : et DANIENMIGESA. 1 131% 111% 1118 | EFleist colisdn % S3% #5% 857 | Whenever bids made their appearance, Commonw P n of {6% A good feature of the day's market | Danish Munic §s A 1 Ao L e s o but H6cing it riost taEtenced: were ‘om Sol n was ‘the continuing demand for the | Danish Munic 85 B. 1% L% e oA B Jinsiten o, il eaetoms. . Hupible 3 new 412 and 4% per cent |:||1|-1uxd!nn£r::rk fi: T :w“.mh |‘n"’: Erteconv 4s B 1 3 3 Oil at 607 compared with the previ- i mortgages, such Union Pacific If%sMen 3. , 024 t02w f T Cons Ao Pt ah 1 ous final of 61%, and Standard of In- 7 purties Aoro) over their DEI5ts Nov 63 102% 102% 27 94% 9 9 diana dropped below 73% again. 614 Dee: 1 3 i CRIRISEEAR WSS 29292209 35552 333323235 3502232224 3323230338 3%32235 R I S s ks o = territory adjoining. B — In connection with official comment that there is much corn acreage which is %o late that only an unusually late Fall will prevent considerably more than usual abandonment of corn G. M.-P. MURPHY acreage, leading unofficlal authorities here asserted that frost must hold off & CO. until November 1 if the whole acreage include n the overnment estimate is to mature. It was also contended e nt'mt there are se\'eri'xl million acres Stock Exchange of corn now so small and late that frost before the middle of October Suooessoa e would be destructive. JOHN L. EDWARDS GASOLINE REDUCED. &SCOMEANY NEW YORK, August 11 (®).—The i Texas Co. today reduced the tank GGl L BEGy L wagon price of gasoline 2 cents a gal- Review sent on request lon, meeting the reduction made Tuesday by Standard Ol of New 1416 H Street ork. R E oomoa05D SEEEREER ® 53300z 3323333% &2 pr Cus ¢ C Curtiss Aero 33382555222333 5332252832 . today a point 3 ) . 96 | Erlecvt 6367 wi... a X 4 S price; Buriington 4%s, lllinois Central | Finland s £6s45... 5 9 6 96 | Erieq Jersey 6s... 50 114' 113 114 | While this selling was in progress ReForRC vt o 3 en | Finland 7s...... 5 101% 101' 101% oint 4l%s and 4%s, and Southern FlaEBC6874......170 98 9T Y the senior obligations of electric re- 3 Doshler Di Pacific, Oregon Lines 414s. now selling | Framerican 7}8.. 9 104w 1044 104% | Gr'reunicstdb 65,1 1 107% 1074 107 | frigeration _companies continued to Dominion at a premium of nea French 7%# 3t 11215 11315 | GUNOT 416876 D, 28 991 97T% 'm:‘:mx:’:fidgsf\l:;l{“(«C(:;I:x’?fl;ae:: e par. All of these bonds Prehch s, Sk 112 11214 | Great North 5s, 3 103% 105% 105% | C0Y d § as very full priced when originally = = 5. iop “| Great North 6% 4 1107 110% present recovery when they 13 & Sh n fered. The market supply has been | GOTRATIE P o%s. . & 00, 08 03 |Or Norgenta o1l 28 liaw 114 ianged hande at 31, compared with DEL BAE ot war well absorbed in the past thrl(;:‘:lx‘\‘cvnré G e B as 10115 1014 | Gulf Mo 58 B 50 1102 102 2 | Wedn sfia}'s final of 28%. Elllectflc 1% Euyv“v‘vex'u’e ot A Other strong bonds were Baltimore | JPUre 100 105" | Hud & Man ref 5s. 34 1007 100% RefijEeration 8 pen Lonis Mntold o0 B Faoo N i ris rior i ' b o ¢! N fi?@‘;‘ofin l‘rreldcnonno: their recent loss; e lg_l‘é lg}“/i lllxl] gen:';efslz 95 95 Richmond Radiator maintained its = o v brilliant 95 93% ent 45 52. 9 9l | p1; rominenc: z e o e Dtk to | Ttaly Pub 7a, 95 95 w 1O e o S T their recent high, and Chicago & East- | Japanese 4 @07 907 | 11l Central rf s 65. 1 108 ulation on the buying side had not ern Tllinois 58. Japanese 6 100% 1003 | I C-C St Lit 4%s, 23 984 93% 98% | heen carried to extremes recently. At The industrial list was e;]uauy Lyon fs..... 100% 100% {’"'fif S_;,L%NQ :; 11 105 35 it eatablishe;i & now high, with lit- r for new and old issues. | Marsetlle fs 5 100% 100% 100% ap Tr §s stpd. % | tle stock for sale on the way up. e o ilhin a pewall aarIsowR D REie. A 224 Spey { LOE RAn THanian, . 16 B kT ot A i par. Goodvear 5s sold free- | Netheriands 6s 54, & 4 10344 10314 | Int Gt Nor 58 19 4 100 ] T O P pared with below 92 after | Nord 8% gy 9@y | Int &G Nor 1st6s. 7 107% L07' WOOL PRICES FIRM. the syndicate dissolved. United States | Norwav £3%s 100% 101y | Int & G Nor ad 6; 7 96% 9 g BOSTON, August 11 (Special).—The Rubber 5s touched 93 again. They|Norway 6s19 102% 102% | [Nt RysC A 68 73.. 27 ° 7% 19 tone of the wool market is more drag- are comparable in ue with the |Norway fs 19 102% 102y | Int RysCAm6s41 4 94% 9 gy than it has been for some time, but Goodyear -5s, and_with reports of a|Norway #s1952... 18 1051 102% 1034 | KanCity FtSds... 1 91 24 prices are firmly held. Fair volumes I L combination of the two companies |Orient Dev deb fs. . 95 95 |KansasCityS3s.. 2 "{- 75% of fine and fine medium territories are 1 Glen Alden Coal. 1 these bonds should sell at parity with | Parfs-Ly-Med 6s. . 104 917 93 | KansasCity S5s.. 10 100% 1004 Heine w0l ‘sonis, trémnisstions 3 Goben each other. Bethlehem Steel "fiPafl:-Lv-Med 3 1014 101% | Kan City Term 4s. 2 91y 915 9 Australian spot wools are reported, 4 Gold 8 1 Go 1936, Anaconda Copper 6s and Smelt- | paris Orleans 7s. 100% 100% | Lake Shore 4s28.. 9 93% 99% 99% | yne territory was quoted today at }_Qr;n' i ] 96" 93 i k : fan IR 15 n'fl’é = . 1 h 8 first 5s all were higher than for | Peru 7%s... 101% 101% | Lake Shore4s31.. 3 19 99 1.1021.12 clean basis, French combing 7 Grand Stores .. 041 0 5 Pbot Fd 5s E . 087 1 t t L vishs Solard Bhan 315 saw 3% | Lehigh Valends.. 26 90w 90 at 1.05, half blood at 1.00a1.05, three- 1 Stores b 1 120 BSEE 108 ; rs 01' a e Oans 5 5% Y 08 me time. & = g 9% 80% olghths blood at 90a92 and quarter 2 2 C B 22! T2 S S3SE! e CC. 17 St Ltd 818 Durant Mo SRS DR FECEERE g To e SIS DR RPN BT T e Northwest SOUTHERN PACIFIC. 52 Broadway, New York NEW YORK, August 11 (#).—Net Income of the Southern Pacific for Richmond, Ve. four months ended April 30 was $4,330,329. R P FRRR 82332 SEE FORARR F RER R RS r Sta P s 1 Nr P M G35 C 1181 kla Nat G 835102 hio Po 58 '52 B 00 % E 08 A ww 10015 %109 s 10 The New York Life Insurance Company Offers to Make =g 00: 3 i The public utility group developed | Poland Rs. .. 9 a7y 974 | Lonz Isrfds49... 8 1 D features among Brooklyn Union Gas, | Porto Alegre 8s. 5 105 105 |Louls&Nashunlds 7 97 07w blood at 80as2. Ohio grads fleeces 3 Hall printipe 00 27 first up 31, points and then down 2 Prague 7i4s.. 104% 104y | Louls & Nash 5s B, 11 106% 106% were quoted at 45a46 grease basis for 3, Hartt'a Bl Light 390 © and the bes i ¢ Kmde Hemry 106 105 |aniRySER0 .. 13 1% L fine delaine, with half blood at 45, o Hellman.” B 5. "2 in New Orleans Public Serv 1 s + 115% 119% | Man Ry 2d 4s 3018, 1 625 624 three-eighths blood at 44a45 and quar- Beiman, R s Public Service of New Jersey collateral | Jueensiand 15, - 116% 116% | Market St 7s40... 12 100 994 ter blood at 44. Texas 12-month wool 2 Huviers 2oi 1 513s and North American ’f""»“"‘l < | Rio de Jan 8s 19 105 105 | MIIEIRy & L5561 2 100% 100% was quoted at 1.08a112 and S-month 25 Indus Ragon €A Demand for all of the foreign 15U | nig de Jan 72 47... 03% 105 105 |MStP&SSMcnds 8 83k 8% at 50a92. 1Intern Uil A" was Tioad, ‘Wb N Ity of this|RioGrDoSutss.. ! 205% 1058 MIBUBIRSMIGIER 1 0078 100 = B ot recognition of the el in a| Rome6ks.. g 907 90% |MK&T4sB. 2 S8% 834 83 ATRTES i group and their attractiveness in a| S0 I0%yy 215 102% 102 | MK & T prin 6s A. 26 103% 103% SOUTHERN D. . B DD ey e ne - nd | SSIReTaNY ... 1 103 103% | MK & T 6sC. peL0BE A0S NEW YORK, August 11 (P).— ians, Norwegians, Barte GrotBiose. . 100% 101 | Mo Pacific gen 4s.. 12 775 7T% Solitnarn, DitIes dne. - teponte, mek ] French all were higher. Solesbniibn. % 93% ©84% 99 |MoPachbs77rets.. 50 99% 99% profits for the second quarter of $265,- L Poh Yal o cnui o 305 = Sweden 51, 5 105 105 |MontTrmref6s41 1 98% O98W 98% | 330 anq net sales of $3,322,712, the| b Mavie Comp w... 211 DIVIDED ON RADIO. Er e % 104 104% | Nassau B Ry 4861, 3 G8% 58% 85 | highest of any quarter in the com-| 104 Mayie Dottiine .. J} AL 3 —_Re. | Swiss Confed 8s 5 113 2% 1127 | New Or Term 4s... 8 89% 88% pany's history. M on NEW YORK, Auguet 11 e | Toho Elec Pow s, 12 95% 9% 984 [N OToxa M6sB. 13 10015 100% ekl A 7 cent disc! l’s.““esth sibilities of the TokI0BS..0.vavare T6% T6% | NOT&M5sC1956. 2 104 104 RUBBER ADVANCES. are considering the post 1Jtd Kingm 5% 37. 104% 104% INOT & M5%s.... 5 106 106 = ;xi:' Ztcg:;oih:smfllcrg&::j“flwg‘;j Utd Steam Corp 6s. W 94% 94% IN YCengen3%s.. 5 82% 82% NEW YORK, August 11 (Special).— Uruguay 8s. t 1% 1% N 1 93% 924 : veloped two schools of thought in| gy, gl . 94% 944 | N 1 5o o7k Crude rubber, smoked ribbed srefiu. Wall Street—one believing radio will G LT advanced 1 at today's noon quotation be of primary importance for trans- MISCELLANEOUS. H ;m”’: lloflnlh of 3;;;/., T:::d %‘;,,_:p.::: :vl;h 34y a oceanic communication and the other | om Agrt Chem 7% 7 102%.102 102 NYChI&SEL 6% 5A 16 107 106% month ago b4 80, regarding it merely as an auxiliary to | Am Cotton Oil 5 97 ST 9T | NyChigStL 5148B 21 106% 108% = 15 Buenos the cables. AmSmIt& R 1 6 102% 102% 102% f Thare is agreement, however, on the | A SUCL trr 6a. oo 11 104% 1043 104% | N CESLLESA. 1 103 103 Washington Stock Exchange K a5 04y 05 ; 18 Binos i bk 0 SELF-PROTECTION belief that development of transoce-| am T & Teltr P 99% o9y | New Havdebés56 6 81% 81w 2 J " SALES. t C 2 " b anic radio communication may result| am T & T ol tr§ 54 105% 105% ;G;“:;;:glgg_‘:i 1; '1102;: }‘l]g:: T R TR T 2l enn 101% 101 COMES FIRST in a change in company line-ups and| Am T & T sf 58 19 103% 103% 103'% | N v One W 1st 4s.. 6 78% 78 Washington Gas Os "B —$100 at 108%. 4 3 1007 1. f the possible development of one or|amT& Tdeb5%s. 9 107% 107% 10T% | Nv 0o W gen 4565 8 75% 754 L ?mfin-’f"}:’xi'cmr pid. 5% s—10 at 102. 3 » more concerns having world-wide man- | am Water Wks 68. 6 100 99 99 | XU Quate ey 4%, 10 45% 5% o Wasiinzton Ry & | Flee pid 10" a¢ % A8 5 o Hamburg St 65 8 7% 08" bty ibsetectisnlopiitatand ufacturing and communicatigns SYS-| om Writing Pap 6s 16 92 II?I:: ]g:‘: NYW&Bos 4%s. 12 83 824 2%, 'if{"a?‘?fl"\.fl u.’.A. at . o 1 i Juos B 7 8aa TR 3 Yy P : e O il Anaconda av ab 7a. - 108t 108 10814 % Ries Rational feck o0 0SS L [ 2 dn 2 SMendena A b gl limb, but the safeguarding of Y pt 1 Savi & Trust Co.—5 at 508%. i 5 25 Mo 0K 7s 05% . CROP OUTLOOK EXCELLENT. |AndesCopdeb7s43 19 106% 10002 1083 | Nor pac 35 2047... RORBE ot S R RO O e CTIIeR et ple Do IR S the investment funds upon OTTAWA, Ontario; Avgust 11 UP,— | ATmoorece daéa 2?13 00 30% 00w | Northarn Pas i 1% 101 101 h”v':zgis'mow-’;-‘;"hrtz Slorase com—10 14 berayue 72 87 0 hi 3 . e .. 1 g Nor Pac 4%s2047. 5 101% 1 155,10 : . et The crop’ Teport cf the Dominion | Assoctated OMs.. "2 103 107103 | Nghuorn e b ln;’? nthafer Linotspe—10 at 1128, 5 at 53,‘3“’}.5‘"34?._ 9Bl G'-"'*:{‘;'" a8 which you depend for regular i on condi- . 2%, 5 . . . bureau of statistics, base Atiautia Ratle OreShortLrfsds. 21 99% 99% oWaihingion Market Co.—3 at 50%. 5 at income. Such protection is pro- '8 x i : 7338 b ity A Third vided, absolutely, by our 78 A ww 91 tions of all field crops Bn July 31| o 10y 6e1940.. 26 99% 99% 99% | Ore Wens tet uer. -3 904 90% 5 e of a 6% FIRST MORTGAGES t crops b o 2 :rt\::::x!gh‘o):g!C;?ad:ol';me‘:‘;:lle(;lt. Tfie Bell Tel Pabs B... 4 105 1041 105 | penngy)con 438., 2 (04 104 AFTER CALL. FOREIGN EXCHANGE. Century (Quotations furnished by W. B. Hibbs & Co.) < 3 Bell Tel Pa§8C.... 2 106 106 106 4 s s condition of Spring wheat is numeri- | BRI ERIT ST C 100y, 100 100% e v e Bines Notional Ranko10 gt 48%0es;. mfi}'fi%fl&' Saling checks Without a They take no risks. They as- bt e sume no hazards. They are ex- f. th Nati . % | —] A e areutiugian s SESEERE D I Norchante” ranster’ & Siorage “eom.—10 65 3 . clusively and wholly secured by values about twice the amount 5 101% 101% {Dlh 1 at 132, of the loans they represent. ticipated yield of 15.6 bushels an acre b Steel 68, a1 104 - 103% foaw ] Pennay} KolE¥R.ee 12 100 0% Morshants' Bank & Trust Co—2 at 157. 3 pilieh B ' = : B F S A U L C O NEW YORK, August 11 (#).— - i o and a total forecast for all wheat of Pillsb_FI Foreign exchanges irregular. Quota- = Bklyn Ed g 1 105% 105% 105'% .s 3110 110 UNLISTED DEPT. P Corp N 337367000 bushels from 22,335,777 | PXivD BAEIRSa- ) SO0 [0 107" [PCCASILERA. 8110 110 1) Ghavlosaca B B A d00%, 10 8 7 Sm‘(} o tions (in cents): Great Britain, demand, : : < 485 19-32; cables, 486 1-32; 60-day bills Main 2100 925 15th St. N.W. on banks, 481 1116; France, demand, acres. 2 2 Bush® Bldg 5s60. 8 102 102 102 Aty 2100, 195 4, Brov Gag 2110 Con Coal Md 1at6s. 2 B0% 0w 80w | Reading ger abba.. 3190, 200 Money—Call loans. 5 and 6 per cent. e S P .91 cables, 3.92; Italy, demand, 5.44; cables, 5.44%. EAT AT TOP MARK. GasN Y 5%s.. 16 106% 106% 106% | o'l Atk & L 43 T 96% BONDS. 1 Pyrena M \‘F\s\' YORK, August 11 (@.—A g::’“.'.""“’"' 1104101 104 . h y ey P’m“"dixgfi;‘n‘g.’“' 13:”°*?¢°§2’:}"‘:3§;; THERE IS NO SUBSTITUTE FOR SAFETY @ R o 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 v 0 297 30 'y Coal 6s i1 5 i 1vay y 9715 97 8o cal 245 3 00 S %1 l Office Building . 3 : § 0" ¥ e 104 g R 9 Mt Readig g™ 1084 103 2 0 Business Property Swite & "Co 10054 100 Ind 8t 6 ) SoBaZnomr. 0034 971 07 7 114 315 114 Apply o SernanZaii zZ” 23 % Landers Fra 1 Land” C £ RANDALL H. HAGNER & COMPANS MORTGAGE LOAN CORRESPONDENT o 03 v 5lam 10 . o1 0 . Sew M 63 ww 100 90% 1321 Connecticut Ave. Telepone Main 9700 FOREIGN BONDS. ‘Mor B 78 '46 971 07 t 103% 2018 K 100 “oay T 061 Prussia " is 971 07 fgfggf;. iy 0 FIRST MORTGAGES =k Sarts ousSusom moSou St o FRASR AR et Pt Sr dend. e London. pound. Montreal PESASREE Loss Db )i Sis D e iz TR, 98% 935 9815 |StLIM&S4s329... 3 9% 99% . e 14 fieal fom B new high record for selling prices of | Suca Cane sy £ 10 o oa|StLIMES REG4s & 94% i Bid and Asked Prices. 4 Reo MO0 S0 memberships in the New York Stock | Darver Gas 58 1 99% 99 99% |StL&SKDI4BA. 64 88 B8 PUBLIC UTILITY. | 167 Rich " Rad, Exchange was recorded today, when | pe; gaison ref 5109 109 103 |StL&SFprinss. 3 101% 101% 10UA | onor el & Telgn. 4s,. s : Max Reichenbach paid $222,000 , for 16 87 86% 86%|StL&SF6%sD 4103 103 Am""r-{fll&'r'fehfu t‘ H the membership held by Neil G. Finch, 1 95% 95% 95%|StL&SFadi6s.. 8 101k L01% Am el & el cll 105 The previous high was $220,000 and 15 105% 105% 105% | St L& SF inc 185 95 V86 Al ot. guar. B the last sale was made at $218,000. | Empire G & F 7%8. 25 11015 110% 110% | St LS W 1st & 18 89 89 % B Teienhins B T B T D S aenpin. 1 ibn oon bow | el diin §, 8 TV 107% al ol u MORE CARS SOLD. Goodyear s 13iis '8 120% 1201 120% | SeabA Lrets...l 2 T2k T2 Setreriau G NEW YORK, August 11 UP—The | gorspay ys...... 12 102% 10214 1025 | Se20 A Ladife--- 53 (b (ol n Willys-Overland Co. and_subsidiartes | FoTaney S, el 12,03 (0508 1050 | Seab a Locon Suo... 27 367 5% reports for the first six months of 1927 | 1);ino1e Bell 15t bs. 4 104% 104% 104% a0 403D, enne b 9% 90W net profit, of $6,055,553, as compared | })inoioSteel 4148, 5 986 981 981 | S aoifio rer 7 Wi 95k with $7.348,126 for the first half of | 1aiana Sreel Sn... 12 104% 104% 104 | Sou Paciie re0Es«« o 0% 101% 1925, Sales totaled 123,665 cars, against | 17008 an Mo 12 1000 100" J05T0 | SouPac 4%sA T7... B 101 101 98,000 for the first half of last vear. | yit 8% TECiED 7100 99% 100 | Sou Ry Gon 6894, c \\!he new total setting a sales record | jneer Papercv 68.. 37 103% 103% 103% | Sou Ry 6868, . sns | 2 It & 3 .9535; Sweden, s 1 = & F R it i pahans 2252, 5232222082 SIE MRt~ 1 =% 83 & for the compan: Toter Paper fd 6s.. 16 103% 103 103% | Southern Ry 63%8.. 1 122% 122% 122% o 5% ok % Switzerland, 19.27%: Spain, Int Tel&Teleg 4138214 93% 93% 934, 5oy Ry Mo&Ods.. 1 92% 92% 9% | Chestout Farm y 03 . Gypsum Greece, 1.30%; Poland, 11.20; (T &T6%s. . .. 67 112 1110 111% ‘ Chievy Chase Club 5 % L Batters Czechoslovakia, 2.96%; Jugoslavia, YMAN’S Kan CP&L 68 A §3. 13 104% 104% 104% | Tex & Pac5s77rts 9 100% 100% 1004 (D, C [ 03 7 § L Batterly B 116 Austria, 1065; Hamants, 0% EVER 1 107% 107% 107% | Third Avref 4360, 2 69% 69% S e 63 "1 108 ek “Bron Bie Argentina, 42.62%4; Brazl, 11.84; Tokio, MENTS 25 101% 101 101 [Third Aveads 00 l6ile 04 01 | Was. Market o 4628 47.50; Shanghai,” 60.00; Mcntreal, INVEST Laclede G 5% 62.. "1 104 104 104y | Union Paclstds.. 21 S04 374 b 4 Doy S 99.93%. AR EAE . Unlon Pac 1st rf 482 [ o T g Lorillard (P) b O s TR B tAtio Sh gt % o P 1 116% 116 G o t : :Z' S' BY GEORGE T. HUGI'ES. T DS I e 9 101 i . PUBLIC UTILITY. ; e 58 ; CHICAGO LIVE STOCK MARKET he eco”d Flfty ' ears . 2 0 00% 104% 104% | LirE!nia Ry latos (e Capital Traction - v X CHICAGO, August 11 (United States ——r Return for Security. | MIA-Con8,s40... 1 104% 104% 104% | wapash 24 6 1029 1027 i 1 Smaller y of e 3 99% 99% 99% | wabash 8s 7 101% 101% % | Norfolk & Wa Department of Agriculture).—Hogs— Continuing the discussion 103 103 | west Maryiand 81 83 Potomac ‘Elec: et 20,000V b A e u kot 2 tiveness of stocks and . ‘r’:"i‘l;;‘zsa;:‘r‘i‘;‘m”“' e iR o Nhel L A S o it € 214 | steady; big packers indifferent; bear- " o L Yo be made concerns the return on |y g S 50" Whel& LErf4%s L 93 93 93 3 umicer Hiny 103 103" | ish: top, 10.90; several loads 160 to 200 HERE may be some people who be- A 5 A NATIONAL BANK. 14 Cons Cop a 1 averages at that price; bulk 1i oh. “Ordinarily the bondholder is |\ ¢ BT HeD b o iop iy - ¥ 5 Cresson Gol . 2 %5 | pound averages a at price; eve that the FIRST fifty years are :'a(lling to take a smaller income be- 17 100% 100 100% PRICES ON PARIS BOURSE. National c_nnlul. e ..xlr Divide, Fw ¥ 4 good to choice 160 to 200 pounds 10.50a alwnys the hardest. Yy FEe =28,25 BRz33953 I 25 i - ConiEbis 5 > : : 20 to 250 pounds, 9.50a10.40; 260- cause of the greater security he en 2 48 109% 108% 108% | paps, August 11 (@).—Prices | Commercial ' prr z 20 c 4 i 2061280 D 3 % R knows 3y : ARIS, : ounds, 8.8029.50; big weight joys over the stoc‘khgld%r. “glebken;:‘ezl NYTel6s49...... 2 110% L10% 110% |, 00q frregularly on the Bourse to- il . iden, Stata .. . o e e masé:mckmg But hi i e ;merxe}:;r:na}r‘:n:; dividends Tor | Nor Oates mow 86, 17 1014 101% 1014 | 033: Three per cent rentes, 57 el : g R i Goia 218 sows, 7.40a7.75; light-weights up to ut we think differently. The first fifty e tockholders or not. For this 1 105% 10515 105y | 80 centimes; exchange on London, 124 | f; ; (e 8.00; bulk pigs, 9.50a10.00; heavy- years are hard. Yet the second fifty years o e S 24| francs 3% centimes; 5 per cent loan, | National 5 P 19, Inerin ool & 40u0gs: madnm, Sciia priority, of S T L G 1034 103 103 176 franca 45 centimes. The dollar | Mices, . ! X J 9.90; lightlight, 9.15a10.90; packing i °ftin H‘:RDER' For these may be :;exr:mm i onasativeanot| Ao o) 5 102% 1021 102 | a8 quoted at 25 france 52 centimes. | National' B B sows, 7.0028.00; slaughter pigs, 8.75a yea!i! wten the remorseless tedium of work ¥ 5 102 2 2 i K K 10.35. is almost overpoweri: tions. Phila Co5%s 3! 2 102% 102% 102% g Bon.-o... Y i ng. Stocks sell on a smaller income basis | Phila Co rlgl&Al.‘ : :gfl; 1\3‘:-/‘ {g.m N Bond Igsues &r::m‘::rlxmse%aw & Trust, Barmac PN L 42 . 43, 'm(,::(le;;lec;:g;ls’.nsl:,og?m:;adt,o 'fig han . For e le, take | Phila & Rd . G ew Merchants' Bi 3 I 1d ; ; e : ahe 3 Ty o R ehison, Topeka & | Publle Service 8s. 21 107 105% 107 :::ron‘;:l‘_ “Savings B TechHueh ; el dheale ot Lo hOn the other hand, they may be years Santa Fe Railroad, perhaps the mm'lllPunu Alegre T 1106 106 106 Unlon euat. g Bio 1 0nl v 3% g 3 when every dollar you have saved in your 5 5 9 6 TEW vealers steady; best medium-weight % prosperous railroad in America. Al Remington Arms 61 5 Y74 UY6% Y6% NEW YORK, August 11 (Special).— SAVINGS BANE Sales INDEPENDENT OIL STOCKS. and weighty steers, 14.50; well finished younger day.! is working for you-—so that £ its bonds sell in the present SharonStiHB8s.... 1103 100 109 |Dillon Read & Co.. the International in_ hundreds. steers scarce; bulk, 13.00a13.90; choice j i Rt to yleld less than 5 per cent, and | ginciair O 68..r+. 9 100% 100 100% | »ccentance Bank. Inc.. and J. Henry | Comasceo & Sarti o 138 Am Con Oilfids. H fed and grassy kinds, 12.00 downward ym]l] can enjoy the leisure that you have so some of them less than 413 per cent. | ginciair o1 $3gs.or 16 97% 97 97 | ACCePts ol Ll e East | Washingt 30 2 Ark Nat Gai to .00 and below: pragtical top well earned. The common stock, f'nsl"" other hand, | ginclatr 11 7s 18 100% 100% 100% | Schroder Bnnk’inz (;(:)rpor;\'unndm-e of; _ Servn. o weighty sausage bulls, 6.85; vealers, 3 returns better than per cent, as-igip pipe Line 13 93 92% % | fering today $4,225,000 United Steel h e Serv n pid. 14.50a15.50; stockers and feeder trade 0 . a Tuming that the extra dividend now | Sumtnoest Bell 65, 21 104% 104% 104%| Works Corporation 25.year 6% per o Git Serv n otd B Seaanenine ; . Consistent saving and regular investment Sheep—Recelpts fair; lambs .fairly in the First Morigage Notes offered by being paid is continued it ‘T"h',“"x\'lsug East Orlent 1 100% 100% 100's | cent sinking fund mortgage gold g : monly understood it will be. is 13 | Tenn Elec Pow L 106w 106% 10G% { bonds, series 1927, due June 1, 1951, active; strong at yesterday's best wartzell, Rh prices, asking 15 to 25 higher than , Rheem & Hensey Company have : bul enabled thousands to re- sain financially in- Dative. ':.5:;.?'351"1‘:?;;: esiatiic dependent during the SECOND fifty ys;nrs. tions, 14.00; culls, 9.0029.50; early sales ) good rangers, 13.75a14.00; choice West- And our First Mortgages can do the same erns held above 14.25; sheep steady: for you. most fat ewes, 6.00a7.00; feeding lambs unchanged. JORDAN MOTOR PROFIT. | NEW YORK, August 11 UP).—The Swarlzell.mfiem & Hensey Co. Jordan Motor Co. had net profit for the| second quarter of $86,773 against net .M loss of $112,672 in the preceding quar- T27-15th. Street, LW, WashinglonDC. b D RS oS \d Em G h’; 8 fa l:; the normal condition. Toledo Fdn 15t 75, 2 (08% 108/ 108% | without stock purchase warrants, at [ Americ 208 1 Gult Ol of Pa-e 90% There comes a time, however, al-| ypjred Lirug 6s 3 10T% L07% 107% | 9712 and accrued interest, to yield | i n's ' ouston Gulf Gas ways after a prolonged advance In|gg Rub @ -trt6s 21 43 92% 93 over 6.70 per cent. National Union. - the stock market, when this or is|{ U S Rub 7%s.. 31105 105 105 g TITLE INSUR. 3 rever: that is, when the bond re-| [ § Steel sf b 22 109% 109% 109'% An offering of 60,000 shares of Cnllml{?il Title. 7 ‘G n Del o GBS 3B eaz 503 B R P AR RN R SR R AR 2 /ield than the stock. | Ui 3 h 7| tional Radiator Corporation $7 cumu- | fonl "Futate. T 1 8ynd. o Etineaithis et s bl bt 2 1(:0 A 99 90| Ve convertible preferred stock is|Titie Inv. Co. of 3d; conn 17 Margay O n dividend on the stock | WarnerSug?s39.. 6 90 90 = 90 | heing made today at $97.50 per share MISCELLANEOUS. o o e s Simply & recult | West Eleoba...... 11 1034 102% 103% | and accrued ‘dividends by J. & W.| . 4 ’ of speculative excosses. Whenever | \esDENousaSa,- 35 100 1034 (034 | Sellgman & Co. Charles D. Barney & | fievy” chae Bugr Gegii 3 - W] ver re: o - - = jon. "0, o 5 Comerct it happens and for whatever reason | wyivon g Cn Ist6s. 2 101 100% looy | ©% 2nd ackson & Curtis B Paper pfd. <. " Pandem caution is indicated Youngstn S&T s.. 15 104% 104% 10i%x| Hambleton & Co. offered today $1,-| Federal S Pantepec If it is the rule among any group | ¥ 4 700,000 Central Cities Telephone Co. | Feu ot Fennok, Oll ¢or5 ks 'ilsw"p'h“l"l';‘“@';"’"‘;;'w’;“‘;;:;‘&” RA"-RI‘:AD‘ o et Alen collateral sinking fund 6 per on Monotyve, by s ob M i 5 96% 96 1t gold bonds. series 1927, due Au- | Merchants’ Tean. 3 b 3 sponding bonds the ,v,,,,l, 0% 0% T0% st 1, 1942, at 9814 and interest, to i.{.:m;x:?"flhfiyfi?" e 7 Veneauelan Pet. " fer. Th.e Sospaar B W o A B BADOuIS \Z Uaw gha SN yield over 6.12 per cent. Stk Mure & Inv. 3 Wilcox O & G B new 8-cylinder model. . S prices has been reached and A cviles 9% 99% Y% B, o . turn is near. Keeping this principle B & O ref58....... i 104 103% 103% | The National City (o. 18 oftering | Washington M aske Salesin STANDARD OIL ISSUES. SILVER QUOTATIONS. ears Without Lose to An Investor in mind will help investors avoid the|B & O 552000 D.... 15 103% 103% 103% $633,000 City of Bayc ne, N. J., 41 | Wash. Mecl com 200 Anglo Am Oi... 19% 104 19% error of buying stocks when they|B&O6s..... 1103% 1034 103% per cent gold bonds a' orices to yield Madical Didx - oii 0 200 Bome Seever no: 03 89 NEW. YORK, August 11 (P).—Bar onght to take bonds.. ' B&QSW6s60 12 104% 104% 104% fromm & per cent to 4...5 per cenly _ *Ex dividend, ” 800 Contl %’T 17% 17% % sliver, #3; Mexican dolars, 40s s R BorlEeaSu5m, PO FORTO 2