Evening Star Newspaper, August 17, 1927, Page 11

FINANCIATM D. €. WEDNESDAY. AUGUST 17. 1927. NEW,YORK CURB MARKET Received by Private Wire Direct to The Star Office .FINANCIAL, " WORE NEW HIGHS IN BOND MARKET 'HE EVENING STAR, WASHINGTON, e v BONDS o] [({RB DEVELOPS S HICHER PRICES. v MADE ON REAL ESTATE 05% a7Ti 5 103% 1 Phillips Pet it Potom Ed 5a 10 P Cor N Y e 05Y ' iae 0% UNITED STATES. (Sales are (n $1990.) ales. Higt. Low 1 the list of honds and Buff R & Pitt 44w, n on the New hrrl\] Closa Lib3%s... & Liblst4%s 1 Lib2d 4(s. Lib3d4%s. 116 Lth 4th 4%s 465 2 47 #verage of Domestic List| Close to Best for Year. Trading Slow. BY CHARLE Special Dispaten NEW YORK high prices for the in bonds tr the domestic 1927, mately Trading wew of the Been made Keenness in dem Tuesday, Atte heen drawn to t formance since { month, and w Wearing its end farge number absent for som active again, r ine fs Oct o Ok zentine 3 A X . . entin 5 ntine 6s B.. ist cle and the fo; the higl was not | Brazil Brazil 85 “anada s 193 | Canada 5s 18 [Canadasuet | Chile 7a 1943, 1o 831941, 831946, on Pow Japan 7 Copenh 648 Government \nunouncemen Announcemer 1 new vernment fir made shortly Reserve Bank preliminary vising them 1 in the near fi the 3 nds at around 101 point over w tme of issue as put on thes urys are olso closing, The best and the @ Soon | Finland 7s Framerica | French 7s.. | French 7148 | French 8s.. | German 11 P 6 43. . - | German s | German Acr Bnk 7a n | Ger Gen Elec 78 | Greek 75 | Haiti 6s. Hungary 7% | 1taly 78 | Italy Pu Japanese 4s. | Japanese 6148 Tergens U M 6 Yie utility ments in 1} Union Puc 1% points ov Raltimore & refundir above 115, night advance which m Istand refine first time () jssues of ) Telegraph « Indust and Utility Group. Tn the industrial and util prominence was siven te in Brooklyn-\Ma best rally in Dodge fis, wh 3 point. Jul par, Hudson s were back to ! there was an a market in O Steel 6s : some dence of Rubbes recove up to Tuesd 5 In the fo ature w advance in New South Wales 95. This represents points from level wi bonds broke the synd dissolved durin 5 of the and B s all fr: i Med 6s... ted 7 Parls Orleans 7s... Peru 7 Peru 8s Poland 63 40 Poland 8s.... s the | Porto Alecre « | Prague Ti4s. Rhinelbe Un 7s. Rio de Jan 8s 1946, Rio de Jan £s 47 Rlo Gr Do Sul 8 Rome 61s. . . | Sao Paulo 1950, | Saxon (PW) 7s. Seine 7s42... Serbs Crot Slo 8s. = in Un ken this bond was made 155 5163 1946 : . | Toho Elec Pow 7, At Assoc rtion i 17td Stea Yokohama 6s... nkin; Rollins & . Inc., and G. Rond & | ace, Inc. | Am Agri Chem 7% are priced to ‘yield | Am Smit & R 18t b8 ahout 33 per cent. | Am Sugar ret 6s - Am T & Tel tr 4 tes are marketing the | aAm p & T st s he original Of] Am T & T deb 5%s. of Miami, Fla. & per|am water Wks bs cent bonds due seria February 1.} Am Writing Pap s 1929 to 1 at pric vield 4.80 | Anaconda 1st 6s per cent. One syndics e UP | Anaconda cv db 7 of Kountz Bros, R. M. & Co., | AndesCop deb Ts 43 and A. B. Leech & Cn., . offering | Armour&Co 4128 39 $2.369,000 of thé bonds. J. Van| armour Del 5%s. . ldredge , Guardian rolt Co., Stranahan, Harris & -Co., | Barnsdall 631940 Fastman, Dillon & Co.. and William 1. | Béll Tel Pa5s B : - ise the other | Bell Tel Pa5sC. Compton’ Co. comprise the other Exs group marketing the remaining §2,-| Beth SteelrfSs... 369,000, | Beth Steel 5%45s53. g Beth Steel 6s. Bklyn Ed gen § Bklyn Union 5%8 "emr'll Leather 6s monwlth P n Coai Md 1st 53, nGas N Y 5348. . Consumers Pow5s syndics $4.145.000 City Two S isst v of §389,000 of Hacken J., 4% pe funding bonds Leech & Inc., and ¥ Inc. 1st od to 3 cent Co. ar cent, m to maturity. Cuban Am § Denver Gas 53 Dodge 68 |EmpG & F 6% eG&F offering iture th Publ near 1 Weeks of tion per 1 Firepre Goodrich 6%s joodyear 83 1941. 1ble O & R 5% ois Bell 1st bs. Int M BOUBSE PRICES IRREGLL‘\R :lx PARIS st 17 _UP). — Prices EVERYMAN'S INVESTMENTS Loriliard (P) Loutsv G & E 58 6 BY GEORGE T. HUGHES. Stoeks for Invesiment tn Unton honss b, . n & Co 15t s heste Young MISCELLANEOUS. AT%s. tn SET 6s.. 1015 103 6 1011 102 6 100 9 i 2 1041 100 1005 103 6 100 10 1014 104 2 100 21 31 1054 ) 109 2 ni 01 042 | Cent Pac 15t 65 90. Can Nat 4%830... 3 Canad North 6%s.. 1 Canad Pac deb 4. L Can PRo 438 46... 20 g 9 1044 & 186 987 U183 118% 1L 6% 9R'y 98% « 100% 190 ChesaCorp 53 wi Ches&Ocv4ks... 6 100% “hes & O gn 4l9s.. 3 100 h1 & Alton 3tgs 6 64 hi R & Q gen 43 53 CB&Q4%sSTIR Chi B& Q Ist rf 6. Chi & E 111 gn 68 61 Ch! Gt West 4869, 18 73 % StP4s 25 5 StP 43 25 cfs StPevalgn, :SPeva 1 s3zefs CM&StPEn4%s. 15 9715 97 47 ¢SP ev 11 640 65% 6h% 1& StPés..... 1034 ChINW 4155 2037.. 4 10074 10013 10015 Chi & NW Ts . 105% 105% 1057% Chi Rys 6 2 83 83 641y 9 46 W7 1070 904 65 0hly [ 05 65 85 63 65 {CHITH&S | o 1051 101% 104 106 anv 1064 10214 103% 101 98% 100% 103% | 101 984 104% 1045 6 102% 102 12 103% 1034 9 104% 104% 9 09% 99% 22 104 103% 108 1084 100 100 92% 91 10415 104% 3 10313 108% 20 107 1061 i06% Log0% 90% 904 | 10 9015 9 83 100% 9105 1 105 1 106 Ga 1067 1 8 10815 | 105 1051 224 1 L 103% 10 104% 104 B0l K0 106 106 103% 103% 986 95% 10813 1081 9915 99% 10 1H0% 1104 1181 11%% 107 1 | 120% | 102% 102% 192 10 102'% § 105 105 1004 1004 99% 99% 1031 104% 103 102% 9% 91 112 1 105% |1 105 108 168 108 101% 1011 101 " 104% 104% | 97 97 116% 116% 102% 102% ) 105 10214 105 10014 998, 102% 9% 111% 10514 106 108 1027 100% 106 014 RAILROAD. At & Dan 1st 43 4C Atl & Dan 2 Atchison gen 4s. Atlantic Atlantic C L 15t 48 uw)cvun B &O8s B&Orfimp6s. B&OSW 5850, d4m 48, 811y Lelds.., 04’y 104'% 8T 871 - 88 72 714 L% . 89 BT* 96 97 10419 1 Great North 534m.. | I1-C-C StL&NO bs. 5 1 Int Gt Nor 5s 14 | M&Lrfex Ku Stp IMK&T | NYCHIESIL 5 5haB. | Nor & S gen 58 54.. {Port RL&P5s 4 |stLiM& {StL&SFpl4sA. | Southern | West Maryiand 4s. 5! ChIRI& Prfds.. ST S I8 ba. a9ty U0 Chi'T H tne 6s §0.. [N Chi Un Sta 4%s 1001 Chi Union Sta 55 44 104 Chi Union Sta 6%4s. § 117 Chi & W Ind cn 4s. 89 CCC& St Li4igs... C tLrf6sA. uba R R 68,0000 Del & Hua 1st rf 43 Del & Hud cv bs 36 Del & Hud 6148 Den & 10 G cn 4s Den&RioG 414 s 36 DR Det United 4% Erie gen 4s. econv4s A, o conv 4s B aconv4s D ecvi 58 67 wi, @ & Jersey 6a... EC5374...000 Gr Trunk stdb 6s.. GtNor 434876 D., 25 90in Great North 5s.... 1 105 18112 Gr Nor gen 7 104 115% reen B& W db B, 2 25% | It Mo5s BEO.... 1 l0l's | av ELRy 53451, 15 B8 7 Hud & Man ref §s.. 25 100% Hud & Man aj 8s... 308 917 111 Cent 4s 53.. 1 89% 11 Cent 4% 866.... 45 101 UIC-CStLjte%e, 83 9 1054 1071 G 1001 IEN Int Rapid Tran 5s, 4 Int Rap Tr 6s stpd. 10 Int Rap Tran 68... 5 Int Rap Tran 7s... 21 56.. 4 100% Int & G Nor 1st 6s. i Int & G Nor ad Int Rys CA 63 72.. Int Ry C A 6lisret Kan City ¥t S 48 Kansas City S 3 Kansas City S b3 Kan City Term 4 Lake Shore 4s 28 Lake Shore 4s 31 Lehigh Valen 4s Louts&Nash unt Louis & Nash 7 Man Ry 1st 90. Market St 73 40. h “endeb 4s29. 1 99% MU EIRy & L5361 5 101's 6% 9% ien 5s. Mb%s M 615 d) 58 MK &T prin buA. MK&T6sC . Mo Pacific gen . Mo Pac 55 77 rets.. 7 5t P By | 1004 100 | 103% 1034 | 10 G West 53 b 861y b B | | eation | prices in R 1004 100 |c farket toda No Weakness Found in Main " Body of Stocks—Pool Manipulation Seen. | BY WILLIAM HEFFERNAN Special D NEW YORK, Au nt favoring vihing on th itive patch to T m aver ation cti skepticism dently came wed upon 1 appr Cmarke since ition « thought to b ts proposition, The 1 Gobel par undervalued | all ane | what « e for mtinued bu Tow disgcor There appeared (o be ample ju the siren at new ichard Hel Inc the acquisition Postum Caneo Press common 69 wag at new hizh prices and ¢ pared with Tuesday's of § | Here again inges which apy the for high , pre hetit erred the of the wners thr FREIGHT LOADINGS DROP. Decrease In«t WPPk of 21.403 Ca Below | Freignt ¢ | roads agg the week of 21,403 helow the week and a decline of 51,17 low the corresponding week last yea the American Railway Association an nounced Loading with the mdin year follow Merchandise { toad lot freight an increase ¢ ous_fre Preceding Week. todny compare corre week i car 19 scellane coal, 1 and grain produc 091: live stock, orest products . 62,053; dect , 1,938 N Y Cen gen 3%n.., N Y Cent 4s 98. N Y Cent deb 4 YCrfim4%s13 Y Centri6s. L1 106% 6 106!y NYC&StL6sA. 6 103 New Havdeb4s 56 2 82 New Havdeb4s57 10 73 N Hav&Hclt 6s 40, 5 104% N Y Rys 6s65..... NYW&Bos4% ‘Washmgton Stock Exchar‘qc SALES Metropalitan i 110 10 4 i Nat'l Riges Natl Bk Barber & Ross, com Lanston Mon 10 at 100, 3 Y AFTER CALL. Pot. Flee. cons Nor Pac 3s 2047. Northern Pac 4 * | Northern Pac b8 Northern Pacr18s | Ore Short L rfs 4s. Pennsyl gen 58 Pennsyl bs 64 Pennsyl 6% Pennsyl gold 7 Peoria & E inc PCC&StL5sA.. PCC&StL 6s B 75.. 4 110% 95% 10 100 96% 92 8674 Port RL&P 7% 5 46 Reading gen 4% RIATk & L4%s RioG W 1st 48.... Rio G Westcl 48 StLIM&S 4 B S R&G 43 100 | 102% | 1015 | L &S F prinbs. tL&SF6%sD.. L &S Fadjés.. tL&SFinc6s... 1.S W con 48 32. t P Un Dep 5s.... SnA & Arn P 4. | Seaboard A L 45 sts Seab A Liad) 68.... eab A L con 6 SBAIl Fla 6 Sou Pac 4s 29 Sou Pacific re iPac 4138A 17 | Wash { Wash. Rwy Sou Ry Mo &0% 930 Texas & Pacific 1st 1 107 Tex & Pac 58 17 ris 23 1007 Third Av ret 4560, 89 Third Ave 1st 6837 1 9i4 Third Avead bs.. 5 6ia Tol Tr L&P 5%330 18 100 Union P'ac 1strf s 6 ud% Cn Pac 4145 67 2 Y8 Virginia Ky 1stbs. 1 107 Wabash Ist 58..... 17 101% Wabash 2d 5s. 7103 Wabash 5576 B.... 18 101 Wabash 5%876.... 2 1044 Bl 5 1007 B9y 81 1070 100% 69 998 64l 1007 9% ik 981y B8l 107% i | 04 104 103 103 | 101% 1ol | JUSEANTITEN ST 1005 100% sl 64 | West Md 515 West Shore 43 2361 WisCengndsay... 4 (:ERMAN BONDS AND STOCKS. i Leased Wire to The YORK, August 17 ars yer millic 50 101418 101y, s8'a sl i st NEW (Quote marks) 000 00 1300 o0 Her Own Idea. m the Philadelphia Ledger. cms o’ be the custom of most It se Manhattan noontime eating places to | s the patrons with paper nap- v for the reasons of econ- lunch place in the finan- cial section a pretty young waitress, who has sensed the fact that many of her patrons object to the paper de- viees, has her own private stock of kins, which she supplies to er regular customers and to such as «ha thinks will appreciate the luxury She Jaunders them herself, but she In one 100% | & Bid and Asked Prices. PUBLIC € 'IH.:T\'.’ relza. 4 H Teiennon Gaftn o R MINING STOCKS 104 10 Potom f Poton Potoma i Wahi.. Alex & Mt.. Ve Widh, Alox. & MU V.o Wasn Bait, & Aupap Whshington Gas Wash. Gis 6 Wash: Wash. MISCELLANEOL Barber & Ross, Iuc.. Glas. .. . LRt 3 Utah A i INDEPENDENT 0 Joint Stock 1. o Squthern Bldg. 6 Wash. Market 5 Wardman Park Hotel 5758 STOCKS. PUBLIC UTILITY Amer. Tol. & Telga... Capital draction Wikhington . Gas Norfolk & W Potomac Ele Potomac B Rus. & & ¥ NATIONAL BANK & "Mechanicd strict Tmers B 01 Metiaholitan Foster ¢ Second ’ Con 0 & National Bank of Wash TR UST COMPANY 1000 1 b Lion (0 11 500t O i Yo 1t C Wl al Fil DIVIDENDS. Voo Paye ate. T, able 3! 3 ln) 10 Det City G 68 A 1074 1071 20 Det City Ge 68 B101 .~ 100 nbu Iufl% Wi.. 101% 1014 ] ‘f frie TRU T 1y 00 s s, of Recor & 2 Wy Beck | Borg . | . H&R Coxl | Bo. o uf . 27 Certo Corp HIIU 8 0k ¢ 17 m|-0 R& BT St Seb. 40 Sep. 1 2 ¥airh Morse E 30 Sep. 16 Y ilk Tire 814 1 Sep 15| 183 Fla P & 1 B3 1 Auk. 10 Gatieati Pow 1 Sep. + o2 Gatineau 1 8ep. 10 Ve 1 Sep. 0 Sen M 0 Sep. 10 08 &. "uss Do pl.... Mergenthaler says she does not mind, for the extra |Ti gratuities she receives compenlltel hes gov the effort, e, -0 | ‘| CHICAGO GRAIN MARKET. 1o By 0% bhage 002400, , dozen, 3 20a30; cucumber ket, 1.00a 1, hushel, 40a50: squash sket, t, 14a1 i damsons, huckleberries, qus melons, aloupe basket, each Hay and G Wheat—No. 2 red Winter : No. 3 red Winter export ved Winter garlic No, 3 red W No. 2 yellow d 5.50 rier white 3 white dome limit , | 1.38% <,,nu1 1 S Corn | eol ¢ barrvel non i ont domest | 60: No, only entirely and condit imited dam; at e and clover mixed at 15.00 o 18,00 0. 1 wheat, 10.5( 1.05a1.15. at a Glance W YORK (P).- ach new &ian kroner cady: trade bu opean covering demand ~Wheat firm; hetter mill Corn higher: poor crop CHICAGO {ing demand. i freports. € lower, Hogs CHIC -\ after pri th 18he AGO, A errat i fluctuate ) today lently 1 wheat on offering « | dips late rally was duas hort o frost over tures I * { buying, much for { based on fears of E [and because of low temper * {ing over Alaskn | Whe ed sty Lonts ower 0 10¢ down, Weather e west we While s - Wi cro; the belief tions, to th h was not ¢ | damage Tradin early deaiings | selling 1S quickly { action’ of the market more « ind the { was evident ment from ve i feent down Stocihoim, NEW YORK. August eign exchanges ca cents): Great 17 (P).—For- Quotations (in Britain—Demand, 60-day bills on ance-—~Demand Italy—Demand 3.91 23,77%; Holland, 40.04% 26.9514; Sweden, ZM'I!i Switzerland, 863; Greece, 1.30'4 oslovakia, .flsla; i Austria, 14 Rumania, .621;: Brazil, 11.81; Tokio, Montreal, ks irregular: $ST0PHE REPRESENTING BO LPS Life lnsuran ce Company INTEREST 5 1/2 PER (ENT APARTMEN PROPERTIES 1 ) NEARBY MONTGOX SIDENCES, BUSINESS COLUMBIA MAIN AN 9300 TG TG YUDSACADSATS Real Estate Security wl will he glad to immediately investi- gate all applications for loans on First Trust security submitted to us. HERE will be no delay either in getting our reply—or in the money being advanced. CKEEVER#GOS [REALTORS | HMaxim ervice 115 K Street Main 47; APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent Suburbs in Montgom- ery and Prince (,eorgu Counties, Md. 5: % Apply to H. L. RUST COMPANY LOAN CORRESPONDENT Ghe PRUDENTIAL INSURANCE COMPANY of AMERICA 1001 15th Street N.W. Main 6388 PR Y ZYEN % % Equitable Co-Operative Building Assa. JOHN JOY EDSON, Organized 1 WALTER & PRATT Jr. 4ith Surplus Subscnphom for the 93rd Issue of Stock Belng Received President Assets Let Your Saving Be Systematic —Join the Equitable Don’t just save now and then ke it a regular thing each day. The Equitable will help you get ahecad finar Join Today! 9158 B S =) SAFE RSAE INVESTMENT OPPOR- TUNITIES ARE MANY —not all of them, however, lie along the paths of safety. Nor are all of them to be depended reasonably desirable These uncertainties vou avoid when you invest in ouf FIRST MORTGAGES upon for returns. Our selection of climinates all elem properties nts of risk. Your principal is safe. Your in- terest income is sure. SAUL CO. N.W. B. Main 2100 F. 9285 - 15¢h Sty THERE IS NO SUBSTITUTE FOR SAFETY