Evening Star Newspaper, August 20, 1927, Page 13

TINANCIALS TRADE CONDITIONS NOTUPTONORYAL Drop in Money Rates Accept-| Sl ed as Reflecting Slack- | Zf".‘{"é.‘t? s 8 4s 1044, ness in Industry. UNITED STATES. (Sales are in $1.000.) Sales. Higt Low. Lib3%s. 10 1015 1012 Lib 18t 4 3¢ 1039 1038 Lib2d 4%s. Close. 1012 1039 31092 109 1092 FOREIGN. Sales. Hizh. Low. Close. a4ty 991 9974 100 99 94t 99% Vi | Argentine 6s Ju§9. 5 Argentine 63 Oct59. | Argentine 63 A.... Argentine6s B Australian 6. Bank of Chile 6% Relgium 6a. .. Belglum 6%48..... | Belgium 7s. . supplies | Belglum Ts et 1 the | Belglum 7 Bordeaux 8 | Brazil 614 Brazil 7a. Brazil 8s. Canada 58 1931,,.. * | Chile 78 1943. 0000 Chile 851946 . | Con Pow Japan 7s. | Copenhagen 514s.. t | Czecho 88 62....... Danish Munic 83 A. D E15%s Mch 63 | Duteh East 1 63 47. more than Dutch East I 63 62, There are promises, however, for | g) Salvador 8s 48.. the future th 1 s Finland s f 6s 45 in the business of Framerican 7348, closely Erench 1s BY CHARLES F. SPEARE, Bpecial Dispateh to The Star NEW YORK, August 20.—So far ©one may now the progress of the stock and t kets is connected almost exc with the mar of capital over business require cheapness of money. 1t would not be possible to b & stock market fr basis of trade co ist today or as tl next four months mandards, the volume , but busincss atisfactor money rates are end of August inst cates a slac observe, ild up on't ex this le jitions as ness e in the next There has hee to upset the who have beer the Governn ments, T damage Dy Japanese 6% Lyon 6a... Marsellle 63 Mexico 4s 04 asntd. Mexico 4s 10 asntd. | Mexico 53 asntd.... " | Montevideo 7s.... Netherlands 6s 54 Netherlands 6s 72. placed the prevous. | curred in ¥ growing cor of Winter whea the conditions are » ing. As a staple has pound a 1005 ; 1001 nsas to. the \d the late been up y rmer to Profit. The picture +of agricul | tions, therefore, has i it ehades, but all in all, it nc f monieny 0 e Parls-Ly-Med 6s., 15 { world, 1In fact i s been ostimatec | Paris-Ly-Med 7s.. recently that the ; ¢ high level of | BTSNt e rices of farm products will ot g 1,000,000,000 more into the pockets| pOruSscoe-- Slitha American farmer this year | p2and 8% - n in 1926 i The effect of such a potentially large | Rio de Jan 831948, Increase in the purchasing of | Rio de Jan 85 47... the agricultural States is he tome 64S.... Ing shown in the earnings a0 Paulo §s 1936, stores, chain stores and the 1 | Sao Paulo 1960. ... gale merchandising houses, all of | Saxon (PW) 7s. whose ties this week have ad-|Selne7s42.... vanced quite sharply on the prospect | Serbs Crot Sio of an excellent showing for the second | Sweden 6s.... | Swiss 51591946, half of 1 e that business is | Utd Kingm 5%s 37, 1t is no doubt tru 5 ’ poor in some sections of the country | Utd Steam Corp 68 941y Yokohama 63 944 and in a number of the most impor? tant manufacturing industries. Where this occurs it is due mainly to over- | MISCELLANEOUS, i Bt ity | Asax Rubber 8s.... 2 107 107 production or to an inability to bal by T o Bnce effectively the cost of Sabor and [ Am AgriChem 7342 BN 10 - Am Sugar ref 6s. 104% 10414 AmT&Tcltr4 99% 99% of raw materials with the selling AmT&Teltr 10415 104l price of the product turned out. ; There is considerable unemploy- by of anothier thronghs | AT & TREE: 104% 104 ment in one way or another through- | AMT& TSR0 10 100 100, Anaconda 1st 6 10415 104% out the country, and in the conce sions that labor has been making th ol 3 Bt Anaconda cv db 78 108% 1084 year, as compared with other years| AnacontaevdnTa; § 100h Jiew Armour&Co 4%s 39 90y 90% Bince the war, there is ample ev | Armour Del 5%s.. 90% 90 dence that those who have employ ment are jealously guarding them- selves against the loss of it. Barnsdall 6s 1940, 100 100 4 108) Business Organically Sound. b e This overproduction reveals i Beth Steel 11 55. .. 102 In lower rents in many commu Beth Steel 5348 53, 5 102 in a steady decline in commodity | Beth Steel 68.. 108 prices from last September until the | Bklyn Union 6% 204 early part of July and much irregi-| Central Leather 104 Jarity since then as grain and cotton | Gon Coal Md 18t 58. 81 have fuctuated widely, as well as in | Con Gas N Y 6%s.. 3 106 the price concessions that have been | Consumers Pow &8, 2 104 hecessary to move various lines of | Cuba Canecv £ 984 manufactured articles. Consequently | Denver Gas 5s. 99% one may properly diagnose the bu | Det Edison ref 108% rather enervated | Dodge 68..... 88 ness sgituation as after a long period of high ter m, but | EmpG & F 6%s 105% with no serious organic disorders Empire G & F 1%85. 10 110% The result of the slowing up in Hershey 5%8 102% D ies Illinots Bell 1st Bs.. 21 105% business in different the country been to force on the New | [10I8 Sol 1St o8 S | Inter Paper cv 104% York banks, and from them to Inter Paper fd 6: 104 ket for securities, an unpr. int of money. Seldom i Int TereTeles 4% o0% has the percentage ITAT b, i loaned for interior banks been | i Sap o r” g2 ces i #0 high with the New York institutions | ' aciet oS s 5000 1 101 ®s it is now. A compilation just pre-| Caciede G 6%8 62, 2 104% vared shows that within the Locillard (P) 68 i months the net demand and posits of reporting member bar Louisv G &1 5a 53 104 1 eased over $300,000,000, the | Mid-Con 8%s 40 10415 ftems indicating commer Midvale Steel 68 ments have increased less Mor’s & Co 1st 4%s 000,000, The bul N Y Edison bs 44.. 5 available funds has go N Y Tel 6841..... 109% ket for stocks and Nor Ohlo T & L 68 984 estate mo | Pac Gas & EI 6 Stocks and Bonds Compared. | pag.Acer ot 5, The experience of last wec n | Phila Co5%s38 the stock market was upset { PhilaCorf 65 A collapse of eral, weakly protected | Public Service 6 industrial po < week | Punta Alegre s, ROt e X 10 SUD- | ginelatr O11 6 ME S e s o rY'S | ginclair O1l 848, d- | Sinclatr Of) 7s, { Sin Crude O11 65 ! | Southwest B Standard O!I N J 58 3 Tenn Elec Pow 6a. | Toledo Edn ist Ta. ; U'S Rub 1st rf 5s.. 2 : U S Steel &f s betire . Utah Pow & Lt still Warner Sug 7s 41 West Elec bs | Norway 6s1944. Norway 6s 1952 Orient Dev deb s 105'% 9714 104% 105 105% 91 106 106% 102'a 10334 1007 104 104% 10478 powe ready wh 1 104% 1 104% 29 102% 104% 99% 104'% 104 108 104% 108% 106% 90t 90 100 105% 101 102 102 104 224 104 BO% 106 104 981 SoinrenBevoRawn 100% 10415 104 94% 111% mone 10214 1044 106% 107 107 100% 100% 96% 96 6 100% 100% 1004 100% 105% 104% 103% 103 1074% 10T% 108 108% 94'% 94'% 10915 109% 1005 100% 106% 106% 104 105% 103 101% 101% RAILROAD. Atchisongen 4s... 7 Atlantic C L 1st 4s. | At1 & Dan 1st 4542 B &0 Gold 4s..... B&OcCY4%S € B&O . 154'% 104 B&O 1st 5 1074 107 B&OrLt T B&OSW 104% 104 A &8 erate pr now on between ti once or years—th tw Wiison & Co 96% equally poor 6 > 4 nes. : Bonds Cross the Rubicon. ) 99 As for the 1& Pltt 4%, Vat 438 64 4%s 19 nad North T nad Pac deb 48, Pac 4 1 Pac ot Pac 1st 6 Ches s wi &SP 48 25 cfs M & StPev4igs. Peva cfs 5t Predlae. rf4lset - St Pev5s... Pevbscts 14 Cuba R R De! & Hud st rf 48 Del & Hud 5348. ... D Rio G West bs... Des M & Ft D 4s. Irie 1t cons 48 1a B C 5 3r Trunk stdb €s Gr Nor gen 18 Hav El Ry 58 62 Hav El Ry 5%s 51, [ I ON NEW YORK 3 BONDS STOCK EXCHANGE ' Received by Private Wirs Direct to The Star Officaa 7 | Pennsy 63 64 |StL&SF pr In ba. |StL&SFadis S { packed, | quired i THE EVENING STAR, WASHINGTON, Bales. High Low. Close. Hud & Manref 8s.. 1 1004 100% 100% Hud & Man aj 6: 116 91'a 91% 111 Cent 4s 5. . 89% 8914 111 Cent 4% s -~ 1101 0L 101 111 Central rf 55 55. 18 108% 108% 108 111 C-C St L jt 4 %sw. 99 3 Int Rap Tran 7s. 984 984 Int & G Nor 1st 6; w7 ~ Int & G Nor ad 6s. . 5 ' Int RysC A 68 73.. Int Rys C Am 6s 41 IntRy CA 6 Kansas City S Kan City Term 4 MStP &SSMen ds MStP&SSMb5lks M St P & SSM 6%a MK&T6sC.. Mo Pacific gen 48 Mo Pac 58 ¥ Nassau EX Ry 43 67. Y Cent4s 98..... N Y Cent deb ¢s.... N Y Centr {5 NYChI&StL 6%8A . NYCh{&StL 6% sB. YC&StL6sA. New Hav deb 4s 56 New Hav deb 4s 57 New Havencd 6s N Hav&H clt 85 40. N Y Rys 6 85 Y Rys 6s A 65... N Y State Ry 4% Norfolk & W cn ¢s. Nor Pac 33 2047. Northern Pac 4s. Northern Pacr16s Ore Short L rfs 4s. Ore Wash 1st4s... 89y 984% 107% 96 80 95 a1 101 9214 883 89 10014 1034 29 94% a0t 10078 92 814 8714 100's 102 4014 104 112% 1064 110°% 101 B6% 991k 101 94n 88 101% 1011 983 96°a 1044 1124 106 10 8 101 6 8T% 99 1014 9% 8Rin 1017 101% BRI 97 3% 2% 84N 98 6% 96% Pennsyl 6% . Pennsyl gold 7a PCC&StLG8A.. Reading gen 4%3.. Rio G West cl 4 StLIM&S 4829..0 L1 M&S gn 65 31 L IM&S R&G 48 L&SFpl4SA.. 53 1011 tL &S Finc6s... StL S W con 4832, Seaboard A L 4s sts ab A Liref 48...n Seab A L ad) bs. Seab A L con SBAIl Fla 6s35A SB All Fla 65 35 Sou Pac 43 29 Southern Ry 6148.. Sou Ry Mo & O 4s.. TexArk FS 515 50. Tex & Pac 68 77 rts Third Ave adj bs. | Tol Tr L&P %3530 UnPac4%s 67. Virginia Ry 1st & Wabash 5576 B. Wabash 6%s 75, West Maryland ¢s. West Md 5%877... Western Pacific 68. Wis Cen gn 4s 49, — e Baltimore Markets. BALTIMORE, August 20 (Special). Vew potatoes, bushel, 90a1.00; bar- 523.00; beans, bushel, 1.00a beets, 100, 2.00a3.00; cabbage, )0a4.00; carrots, 100, 3.00a4.0 2.00a2.50; corn, dozen dozen, 20a26; cu- 50a60; eggplant, crate, 3.00a 5.00; lima 1.25a1. onions, bt peppers, bushel e apples, basket, crate, fleld corn, basket, a7 lettuce, beans, basket, 30a40; cumbers, hasket, bushel, 4 ; 1.0022.00; c et, jes, quart, 12 ; huckle- 20; plums, bagket, peaches, bushel, 2.00a3.00; bushel, 1 0; melon each, 20a50. 9’ Hay and Grain Prices. Wheat—No. 2 red Winter export No. 3 red Winter export, 1.42 red Winter garlicky, export, % . No. 3 red Winter garlicky, ex- port, 1.35 ‘orn— cob nominal, Oats— €0; 0. 3 berries, quar 2 yellow, domestic, 1.28a old, 0 per barrel NO. corn, No. 2 white, domestic, 59%a hite, domestic, 57 1.05a1.15, o receipts. ~No. 1 wheat, 10.50a11.00. Dalry Farm Products. Poultry — Live — Spring chickens, pound, 2 Teghorns, 5 old hens, 2 Leghorns, old roosters, 14a1f; ducks, 18a20; small and poor, 12a15; pigeons, pair, 20a30; guinea fowl, each, 75al.00. Eggs—Recepits, 657 cases; native and nearby current receipts in free cases, dozen, 29; strictly fresh, dozen, 30. Butter—Good to fancy, creamery, pound, 42a44; prints, 31a34; block, 43a 45; ladles, 33a34; rolls, 32a34; store 31a32; dairy prints, 32a34; process butter, 38a39, .. UNDERSIZED CRABS SEIZED. BALTIMORE, August 20.—A ship- ment of 15,000 hard crabs from West Point, Va., was seized by officlals of the conservation department on the wharf “here as being under the re- length of five inches under the Maryland law and dumped over- board at the mouth of the Patapasco er. Have You Been Stung Yet? Some men have to get stung good | and hard before they learn to be cau- tious in making investments. Before you invest—investigate! —— CHICAGO STOCK MARKET. By Special Leased Wire to The Star. CHICAGO, August wing i report of today's sales, high, low and closing quotations on the Chicago ock Exchange: Sales STOCKS Close. 20 Am P var pt 1960 Am St - iss 300 Am_ St High 8 a1y 34 Low K6, e B r Del pfd. il pfd.. 1000 Ch) City Ry of 5000 W Va Chlo b'ae. 101 91w | | |others were | | the ¢ | Realizing Most Pronounced | made on VARYING PRICES ON GURB EXCHANGE Changes on Wide Range With Unusual Activity played—Features Noted. BY WILLIAM F. HEFFERNAN, al Dispatch to The Sta NEW YORK, hanges on the ( August 20.- i Exchar unasually wide f ind activity in the favorahly with Most of the conspicuous « upward, but little conne discerned between the ind that on the Stock Auburn Automobile up points and was the feature in r group. On the other hand little and Reo was up on ionally. Interest in were oth an the ofl group centered about the stocks of the pipe line panies. 1llinois Pipe set a for the year. » heavy ove ion of il works to the advantage of these corporations the detriment of the producer ard of Indiana was firm of Ohio helld its sharp There were a num £pots among the industrial specialties One of them was Pillshury 1Mlour and hn Aluminum & Brass 1 Aero Supply Manufacturing I \ se made new for 19 United_States ight, which had a perpendicular rise on Friday, sold oft somewhat, The other spectacu former of the preceding ses phy Co., was resting today also, Features of the public utility clags weme American Gas & Electrie, which added to its more than 4-point gain of ¥ before. At 104% it had dupli- cated its previous high this year. Raising of the dividend on Pennsyl- vania Water & Power from a §2 to a $2.50 annual basis seemed to have been discounted in the price of the stock. foss tops 'PROFIT-TAKING SEEN IN THE BOND MARKET in French and Italian Groups—U. S. Securities Hold Steady. By the Associated Press. NEW YORK, August 20.—Weck end profictaking was in evidence in vari- ous sections of the bond market today. However, continued easy mony and the want of competition from new of- ferings, of which there was an ag- gregate of less than $50,00,000 this week, lent prices a firm undertone, and several of the high-grade invest- ment mortgages were again climbing gradually, Realizing was most pronounced in the French and Italian groups. French government 8s, Lyons 68, and Italian 7 were all fractionally lower. Domes- tic convertible liens also inclined to | heaviness, including the D' 4s of the Erie and Brooklyn Union Gas 5lgs. There were few advances of more than a smal fraction. Buffalo, Roches- ter & Pittsburgh 4348 moved up a half, and smaller gains were recorded by Baltimore & Ohio (Southwestern) s, Pennsylvania and Bethlehem teel 528 United Stat tions received s prices were steady COTTON MARKETS. NEW YORK, August 20 (®). Government’s report on the activities of boll weevil and other insects in the cotton belt was followed by active and excited buying in the cotton market today, Prices made new high records for the season on all deliveries, December selling up to 21.20 or points net higher, and closing at 21.12. The gen- eral market closed steady at net ad vances of 62 to 75 points. The market opened firm at an advance of 27 to 38 points, all ac- tive months, except May and July, making new high record prices for the season. December sold up to 20.80 and March to 20.90 on buying which was active and general and appeared to be stimulated by continued unfavor- able crop reports, combined with ex- pectations of a bullish Government re- port today on boll weevil and other insect activities. The higher prices met a good deal of realizing for over the week end, which caused reactions of 10 or 12 points from the best during the first hour, but the setback seemed to bring in enough additional buying to give the market a steady undertone. Private cables said that an early ad- vance in Liverpool on covering and buying on reports of crop deteriora tion had been checked by realizing and hedge selling. Government obliga- nt attention, but High January NEW ORLEANS, La., August 20 () —Cotton prices soared to a new high record for the season here today on the publication of a decidedly bull- ish holl weevil report. The Octoher position sold up to 20.70, 61 points vesterday's close and approxi- $3 2 bale above the highs August 9 when the Govern- ment’s condition report was iss High . 21,07 ahove mately Tanuary March May | Octaby | can strict good middiing. | Amoskeag December 2050 bid: Octobe gust 20 (P).—Cot prices steady 11.80 middling, 11.54; strict middling, 11.19 middling, 10.89 ot low middling, 10.49; Jow middling, 10.14: strict good ordinary, 9.79; good ordinary, 9.34 les, 4,000 hales, including 2,200 American. Receipts nil. Futures closed quiet but steady. October, 10.65: December, 10,738 January, 10.76; March, 10.78; 10.80; July, 10.73 May, BAR SILVER PRICES. LONDON, Angust 20 (®).— Par 54 per ounce: money, I7 discount rate: 4 516243 per cent; 4% per cent. LIVERPOOL, ton, spot quiet il per 3 months' bil NEW YORK silver, 5414; Mexic Tst 20 (). —Bar n doliars, 40%. 'ON STOCK MARKET. By Special Leased Wire to The Star. August Jllowing 1 day's highest, lowest and prices for the mest active BO! | stocks dealt in here: Hieh. ivelow ~Har( o 4 Al & Hecla “opper. Range Fast Steamship Fi 3 e | 15la_Royale . Libbhy MeN & Ll I Pacifie Quiney . Swift' & Co Torrington T'nited Shoe Ui Shoe M pfd Waldorf .. 5 walworth Warren Bros Srriazpris = SA5322354-53 Berizaatoz 355823355 - - v per- | Mur- | Ameri- | good | 1 J | | \ | i | | | Curb Ma D. C... SATURDAY. NEW YORK CURB MARKET , Received by Private Wire Direct to The Star Office Following is the list of bonds and traded in on the New York ot toda INDUSTRIALS stocks Sales in hundreds, Alb Alb P Alum Am-Ar Am € Am Ly Am Pow Am Rave i Am Rolling Gas & Py wood o Auto G Corp 1 ] 1 1 i 1 1 1047y 1047 AUGUST 20, 1927, arn Br Pic 61,5 87 arner Quini §a. N3% ebster Mil 6lzi 0415 West Ch 5lys 37 1011y K White S M s ww 100 18 Whit E O&R 5lps 96 FOREIGN BOND W w w i 1 & Denmark L Free St Pr i T Ger Cons Mun Prondl 18 Unt St *Ex-dividen FORESEE BALTIMORE .| BIG SHIPPING POINTE ,:Tnplin Interests Propose City as| A T&R 1 bl wi Grant. Ca A Grand Stores’ " 1] Fellman R pfd. Hires Ch . ? | route % | Toledo 1 Menge MesabiTron etro. Chain Str i Co Mohawle” Hud Mohawk Val n rohy G O Nat Cask nid L Pab Ser A sner Bros Y NH & H Now Y P Penn’ On Ed Pen Wat P C 0 Sult 5 8 Reo Mot . Rich Rad """ Roval Bl P 1 Shredde h 2 %o Col Pow A Sou B & Ln.. . gon P & L ppfl 9 8ou P & L vie.. i Mot . Swift Intl ken i G Imp € Tm Lt & P oA Ui &L vie B fros Pic. Auto Sup 2 Wenson O&Sn vie 61% Sales in MINING STOCKS, hundreds. . 20 09 a7 13 Ohi 13 8 H0 Plymouth 10 Red War g 1 Sil Lead | ch Hughes INDEPENDENT OIL STOCKS. XAm Con Oflfide Am N + 4C 1Cit S 1Git Sery n_pf 1 Columbia Synd 13 Creole Synd . ... 1 Grown_Cen Pei n G & F Re nf 10 hson Ol Cor. . n ] Bradford O 1IN Y oil 1 Pand. O S iR i 1sa Prod. . . 28 Venezuelan Pet. . STANDARD OIL IS Sales UES. in units. 100 Borne Serym n.. 500 Buckese P L. T00 Chesebr gh Mik 1000 Cont’l Ol 0. Y00 Gal Sig OI52110 K &R 627 1 65 551 11013 1% 500 Humble Oil 400011 P L....... 400 Imp 0 ‘of ‘Can'n 100 Ind P 1L y #00 Inter, Pet’ ©° 14l Transit : 32008 0 b J00 S 0 Kyl 508 O Ohio 1 00 Vacuum Oil: 10 Sales in BOND! thousands. 5 Ala Pow 43 Mont Poi Mo Wa <& Co i iring Co 58 ‘A 1008 WD AT 1055 P Ser Bths A 102 b be U5 0SB N fias G 117K 29 Ohio Pow 4748 D_0it] A Ohio 1 G B2 B100% AP0 Fa G Aww 100 3P P &L onD s 102 1LPh B P bl § Phillipa Pet'd BPitts S & B B 8 Botomac C 1n A ORY 10 Rem Ran 5iks A 100 4 gt 'ee 6 X 80w 1 Snider Pack fn. . 10 Cav Am Bu A OR% 51 100 84 Terminus of New Trunk Line | Under Railway Merger. Special Dispatch to The Star. BALTIMORE, August 2 RBaltimore one of the | ping points along the coast, the terminus of a new trunk line from the Southwest and lake | regions, of which the Western Mary-| and Railway would be an integral, | a trunk line that will be the shortest | from Chicago, St. Louls and to the Atlantic seaboard, is | the promise of the Taplin Interests, which have made application with the | Interstate Commerce Commission fo permission to merge the Wheelir rie with the Pitisburgh & West | inia Rallroad by building a 38-| Connellsville, Pa This statement was made by Touis May. personal representative of “rank K. Taplin, who controls the two railroads, who is visiting cities | along the route with the object of enlisting the business interests to use | their influence to have the Interstate | Commerce Commission grant the re. | quest :\vul“lu oppose control of the | tern Maryland Ba ore | Wester: the Baltimore The Taplin interests contend that it will be of great benefit to business in- terests in this section of the country to have a trunk line wi 2 as its terminus, whereas if the Balti. more & Ohio Western Mar: two trunk lines serving this section. While no mention is made about ‘ashington, Baltimore & Annapolis Electric Railroad, it is be- lieved here such a move would fol. low acquisition of the Western Mary- land, thereby giving the new trunk line entrance into the Capital, COTTON SPINNING DROPS. Industry Less Active During July Than in June. By the Associated Press. Cotton spinning was less active d I ur- ing July than in June, but was above July a yvear ago, the Censu ¥ B X 18 Bureau's monthly report indicated today. | | | | i | i atest ship Atlantic sea taled 8,042 219 hours per spindle in lace, lace, com- pared with 9.191,907,036, or an’ aver {6.770,297,939, or an average of 180 for last yea Spinning spindles in place J totaled 3 8,086, of \\’h':(-h 32, Y 3‘1 were operated at some time during the month, compared with 36,875,872 a :VI 32 1428 in June this year and 84,034 and 31,082,482 in July last year, The average number of spindles | operated during July was 36,399,306, or at 99.1 per cent capacity on a single shift basis, compared with 40,265,932, or at 109.2 per cent capacity in June this year, and 29,657,867, or at 78.9 per cent capacity in July last year. . NEW YORK GRAIN PRICES. NEW YORK, August 20 (#).—Rye i No. 2 Western, 1.101; . 0. b. New York and 1.08% c. i. f. export. Barley wealk; malting, 8815 c. { f. New York. Lard easier; Middle West, 12.35212.45. Wheat futures opened firm; domestic, September, 1.42% bid; December, 1.47. Other articles_ unchanged Real Estate Insurance Money to Loan On First and Second Trust Notes Chamberlin Const. Co., Inc. Main 6347 212 Colorado Bldg. REAL ESTATE LOANS 5% FRED T. NESBIT 1010 Vermont Av Maio 9392 WE FINANCE classes of income-producing roperty. léarga Loans a Specialty 'urrent {nt rate and commi: N Higbie & Richardson, Inc. 816 15th St, N.W. —all FIRST DEED OF TRUST NOTES On Hand Bearing 613 Per Cent and 7 Per Cent Interest In Amounts of $250.00 Up . See WELCH, Realtor h St. and New York Ave. Main 4316 tabilshed 1899 (0 an investor - 6%% First Deed of Trust Notes for Sale Secured by Improved Real Estate in the District of Columbia it Principal and Inte: GUARANTEED REAL ESTATE MORTGAGE & GUARANTY CORPORATION Main 1403 26 Jackson Place Over $4,000,000 h Baltimore | Nation's | Active spindle hours for July to- | 0,747, or an average of | age of 249, for June this year, and | cures control of the | | land there will be only | | | | | Joueeh T Wollo 5 FINANCIAT., % 13 Money to Loan first deed of trust on real estate In Nearby Virginia Insurance Co. Loans Commonwealth Investment Co. 917 15th St. N.W Phone Main 262: When You Need a Loan Think of Welch, Realtor LOAN SPECIALIST Money to Loan At 51,% & 6% Interest Before Pl r Renewing Your 2d Trust S FIGURES Reasonable Charges (No Extras) & N. Y. Ave. Main 4316-4317 Plenty of Mone —for building loans. Ample funds also proved realty in Washingtc 1 sult us It will pay you to con first, Low Interest Rates Immediate Answers and Commission on Applications BE K. SIAUT GO Main 2100 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 51%% Apply RANDALL . H. HAGNER &. COMPANY B e i~ incorporated MORTGAGE LOAN CORRESPONDENT 1321 Connecticut Ave. Telephone Main 9700 Apartment Home Office Building Business Property A Third of a Century's Experience Your Apartment Will Be Under Observing Eyes —when its management is given over to us. Our eyes and experience have been examining into all de- tails of rental, operating and upkeep problems now a full Third-of-a-Century. Our intimate Washington contacts with all phases of Property Management will serve you to good advan- tage when your apartment is placed in our care. B. F. SAUL CO. Main 2100 925 15th St. N.W. APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbis and adjacent Suburbs in Montgom- ery and Prince Georges Counties, Md. 3: % NTEREST AMpply to H. L. RUST COMPANY LOAN CORRESPONDENT Ghe PRUDENTIAL INSURANCE COMPANY of AMERICA 1001 15th Street N.W. Main 6888 Profit Taking TOCKS today are selling at high fig- ures. Are you one of those who have participated in this rise and are con- sidering taking profits? If so, would it not be wise to place those profits in securities which do not fluctuate and which will, therefore, protect the profits you have made? Our First Mortgage Notes are worth one hundred cents on the dollar every hour of every day in the year, and yield an attractive return. we Swartzell, Rheem & Hensey Co,, Mortgage Bankers' - 797-15th. Street, AW, WashingtonD.C. 58 Years Without Loss to An Investor