Evening Star Newspaper, September 1, 1927, Page 15

FINANCIAL. FOREIGN BOND LIST MARKET LEADERS Possible Action of France Has Advertising Effect on Other Like Securities. BY CHARLES F. SPEARE. Special Dispatch to The Star. NEW YORK, September 1.—The effect of the widespread discussion concerning the possible redemption of the high coupon bonds of the French government has been to advertise the remainder of the foreign list to attract buying to that part of the market. Today mnot only were the French issues strong, but also the Belgians and Germans. At one time the 7 per cent bonds of France, Belgium and Germany were selling at the same price. It is realized that it will be months before refunding operations can be put through. In the meantime the French 7s and 8s, which are the only ones that may be called, offer an attraction to those who want short- term paper. Long-term investors, however, are buying the' 6% and 7 per cent French rails still under their call prices. Artificial Appearance. The old Argentine issues sold today under the price of the new 6s, which were at a slight premium. This was true also of the original issue of Aus- tralian 5s, which were below 98, while the new 5s were above that figure. Inasmuch as old issues that have been well placed usually sell higher than new ones, these price differences had an artificial appearance. Dodge 6s were at a new low level, without much activity. This bond is widely distributed and its action is a great disappointment:to those who subscribed to it in 1925 at 99 and did not take advantage of the substantial advance in the price to par to sell. Of the original $75,000,000 authorized $15,000,000 was converted into com- mon stock between 30 and 40. The next $5,000,000 of bonds are con- vertible into common at 50, but with the stock around 17 the conversion privilege -is of no present value. Mixed movements occurred in the junior railroad and industrial issues. Erle convertible 4s declined 13 points early and then rose sharply. The new 5s rallied half a point to 95. Third Avenue adjustments were firm. er following Wednesday’s heavy liquidation. The new Lorillard 5%s dropped down to 97 and R. Hoe 614s were soff and offered. well under par. The retirement of $10,000,- 000 International Paper Co. 6 per cent convertible debentures on Oc- tober 1. at. 1021 did not affect the price of* the ' listed bonds much. Humble. Oil. 58, Anaconda Copper s, Bethlehem Stpel 6s, United States Steel 58 and Goodyear 5s were all strong. Government List Strong. The market for United States Gov- ernments was strong with the new 3%s above 101. Some announcement should come from Washington next , Week on the refunding plan. - A notable feature of the day was the re- covery in most of the new 4% and 4% per cent railroad bonds, which :dc!:‘x’h last w‘;ek!.’ and l!hs activity ngth ennsylvani & Detrojt 4%s. ¥ . o, ONlo The average of the bond market in August advanced three-q ers be- ‘t::en ::1: 1st m:ld 20th of the month uen! . 0&]5\“"- seq! ly declined three. uring August the forei; bo touched & new.- high Avefa“;o n:g domalflc bonds g;mue-.uy duplicated heir previous high of last May. —— Washington Stock Exchange s ALES. n Gas 63 B—$500 at 105, Capital —] 2010854 5% en"fl;‘izzb-):'.'Tooo-'t‘ fii& 235 Light—25 7,10 477, 6 at 77,700 a0 Washington Rwy. & Eleetric pfd.—10 at 1%, % 3?%'.'5".;‘6115." 01%.5 at 91%. 4 ArTER CALL. ederal-American Cor"eont 250 0 %5 10 gs N Bienogonn pe ot pon 3 ot gy apital Traction Co. at 1051 . g ashington Gas Gs ~B"—3$1.000 at 105. Money—Call loans. 5-and 6 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITIES. Big, 09 00! Asked. o o e 23552, . 5Roesssasse & Market 5a 10 an Park Hotel . Rwy. & Elec. com.."” 288 ash. Rwy. and Electric pid. gl% NATIONAL BANE. SAVINGS BANK. Bank of Bethesda . .. Commerce & Savings. ast Washi American Corcoran olumbia Titl al Estate itle Inv. Co. of Md. com. MISCELLANEOUS. i’ 39 105 Ses - 234 3 . C. id. ederal Storaxs leral-American - com ‘ederal-Americ a5 04 01 30 03 of [£3 11 25 % 3 \s' Tran. & Stor. ofd. Mercenthaler, Linotype . ... atl. My inv. td. eovles rome E5555w 50! & - bt 3EXZIZE3R2243T SILVER QUOTATIONS. NEW YORK, September 1 (). Bar silver, 54%; Mexican dollars, 40%. NEW YORK Received by Private Wire UNITED STATES. (Sstes are in $1.000.) Sales. High Low Lib3%s... 190 10120 101 14 Lib1st4%s 27 10312 1039 Lib2d 4%s. 52 10010 1008 Lib3d4%s. 12 1015 1013 Lib4th 4% 176 1044 1041 US3%s... 105 106 10531 US 451044 105 109 109 US4%sb2. 105 114 114 FOREIGN. Sales Hizh Low. Close Argentine 8s Ju59. 43 99% 99% 99% Argentine 63 Oct59 35 99% 99% 9914 Argentine 6s A.. 3 100 99% 99% Argentine 6s B 3 99% 99% Australian 58 1 97% 97X Bank of Chile 614s. 75 94% 94% Belgium 6s.. 99% 99% . 17 104% 104% 104% . 47 107% 106% 107% 56 105% 104% 105% 8 114% 113% 1144 7 110 109% 109% 1 103% 103% 103% 10 100% 100% 100'% Brazil 6%s. .28 92% 924 92% Brazil 7s. . 7 96% 96 96 Brazi] 8s. . 13 106% 106% 106% Canada 5s 193 10 102 101% 102 Canada 5s 19 . 21 105% 105% 105% Canada 5125 1929.. 8 102% 102% 102 Chile 78 1943...... 3 1017% 101% 101% Chinese Gov Ry 5s. 2 26% 264 264 Con Pow Japan7s. 6 98% 98W 984 Copenhagen 534s.. 3 101% 101 101 Czecho 7%s rcts. 7 105% 105% 105% Czecho 8s 195 3 108% 108 108 Czecho 8s . 23 108% 107% 108 Danish Munic8s A. 1 111% 111% 111% Danish Munic 8sB 1 111% 111% 111% Denmark 6s. 9 105% 104% 105 DEI5%sNov53 2 102% 102% 102% Dutch East 1 6s47. 2 104% 104% 104% Dutch East I 65 62, 2 104% 104% 104% El Salvador 8s48.. 1107 107 107 Finland s£6s45... 26 97 96% 96% Finland 7s. .. «+ 2 100% 100% 100% Framerican 7%s... 48 105% 105 105 87 107% 106% 107% 5 1156% 115 115% 81 111% 110% 111% . 94 106% 106% 1067% 14 101% 101% 101% 1 96% 96 96% 7 100% 100 100 5 101% 101% 101% 5 102% 102% 102% 99 96 95% 96 .. 48 954 94% 94% 23 101 100% 100% 9 103% 103% 103% 5 100% 100% 100% 6 100% 100 100% 23 106 105% 106 13 100% 100 100% 3 101% 101% 101% 9 102% 102% 102% Norway 6s 1944 4 102% 102% 102% Norway 6s 1952 7103 102% 103 Orient Dev deb 6s.. 22 96% 95% 95% Ly-Med 6s.. 157 97 96% 97 Ly-Med 7s.. 29 103 102% 102% Paris Orleans 7s... 14 102% 102% 102% Peru 7%s.... 18 102% 101% 102% Poland 6s 40. 4 83% 82% 82% 40 98 97% 98 1105 106 105 6 104% 104% 104% 3 104% 104% 104% 3 105 104% 104% 43 91% 90% 91 1 106% 106% 106% 10 106% 106% 106% 2 102% 102% 1024 57 105 104 104% 11 100% 100% 100% 32 99% 99 99y 8 104% 104% 104% 2 104% 104% 104% 2 113% 118% 113% 6 98% 984 98% Close 101 14 10311 100 10 1013 1044 105 31 109 114 Bolivia 8s. . Bordeaux 6s. Japanese 6%s Jergens U M 65 47. Lyon 6s. . Marseille 6s. Netherlands 6s 72 Norway 6s 1943 Porto Alegre 8s. . Prague 7%s.. Rio de Jan 8s 1946 Riode Jan 88 47. Rome 61 Sao Paulo Sao Paulo 1950. Saxon (PW) 7s. Seine 78 42... Serbs Crot Slo 8s.. Soissons Sweden 5%s. Sweden 6s. . . Swiss Confed 8s... Toho Elec Pow 7s.. Utd Kingm 5%s29. 8 117% 117% 117% Utd Kingm 5%s 87 21 105% 105 105% Utd Steam Corp 6s. 6 94% 94% 94% Yokohama 6s...... 19 94% 94% 94% MISCELLANEOUS. Am AgriChem 73%s 39 103 102% 102% Am Smit&R 1st5s 10 102% 102% 102% 8 109% 109 109 10 104% 104% 104% + 25100 99% 100 g + 15 104% 104%-104% S.... 60 104% 104 AmT & Tdeb5%s. 3 108% 108 Am Water Wks5s. 1 100 100 Am Writing Pap6s 3 92 91% 91% Anaconda 1st 6s... 35 104% 104% 104% Anacondacvdb 7s. 18 109% 109 109% AndesCop deb 7s 43 6 107% 107 107 Armour&Co 433839 10 90% 90% Armour Del 53,s.. 60 90% 89 Associated Oil 6: 4 102% 102% 102% Atlantic Refin 5. 1 101% 101% 101% 98 984 Barnsdall 65 1940.. 18 98% Bell Tel Pa5sB... 3 104% 104% Bell Tel Pa5sC... 106% 106% Beth Steel rf 5 1 102% 102% Beth Steel 518 53, 5 101% 101 101% Beth Steel 6s. 17 104% 104 104 Bklyn Ed gen 55 3 105% 106% 105% BklynUnion 5%s.. 40 224% 223 223 Bush T Bldg 5560. 1 102% 102% 102% 103% 103% Central Leather 6 Chile Copper 5s. 94% 95 Con Coal Md 1. ConGasNY5% Cuba Canecv 7s i3 Donner Steel EmpG&F 6%s. Empire G & F 7% Fisk Rubber 8s. Goodrich 63%s . Goodyear 5s rcts. . 485 Goodyear 8s 1941.. Hershey 5%s. Hoe & Co 63%5. Illinots Bell 1st 5s Illinois Steel 435 Indiana Steel 55 Int Mer Marine Int Paper 55 47. Int Paper cv 6s. Inter Paper fd 6s.. Int Tel&Teleg 4%s 138 Kan CP&L 58 A 52, Kan G & El 65 52. Lackawa S 55 50 Laclede G 515 52 Lorillard (P) 7s.... Louisv G & E 55 52. 1 Manati Sug sf T%s. Mid-Con 635 40. .. Midvale Steel 58 Montana Pow 58 New Eng Tel 5s. Mor's & Co 1st 4%s N Y Tel 6s 41. N Y Tel 6s 4 North Am E Nor Ohlo T & L 6s. Nor States Pow 5s. NYGELH&EP ¢s. Pac Gas & El 5s. .. Pan-Amer Pete 6s. PhilaCo5%s 38 PhilaCorf 6s A Pierce-Arrow 8s Public Serv Elec 6s Punta Alegre 7s. . . Remington Arms 63 Sharon St1 H 8s.... Sinclair Ol 6%s. .. Sinclair Ol 7s. . Sin Crude Oil €s PORRRAHAS Ao L EX T 108% 96 100 100% 93% 95% 110 105 108% 108% 96 99% 100% 93% 95 110 104% 103% Southwest Bell 5s. Standard OfI N J 5s Tenn Elec Pow 6s. . 3: Toledo Edn 1st 7s U S Rub 1st rf b U S Steel sf 5s. Utah Pow & Lt Vertientes Sug 7s.. 2 100% Warner Sug 7839.. 1 90% Warner Sug 78 41.. 5 107 West Elec 58... 5 103% Westn Union 6%s.. 6 112 Westinghouse 6s.. 12 103% 103% White Sew Mch 6s. 1 137% 137% Willys-Ov 6%833. 4 102% 102% Wilson & Co 1st 6s. 15 101% 101% Winchester A 7%s. 1 106 106 Youngstn S&T 6s.. 1 104% 104% RAILROAD. chisonadj 4s.... 9 89% [& Dan 1st 4s48 2 81% Gold ¢s 59 95% 104% 89% 89Y% 81% 81% 95% 'THE EVENING STAR. NDS stocx excain Direct to The Star Office. les Hieh Low. Close . 1 87% 87 87% . 103 97% 9% Bklyn Manhat 6 Can Nor 4148 1935 Canad North 6% Canad Pac deb 4 Can Pac 4%s 46. Cent Pac 1st 53 90 &StP 48 25 cfs. 11 StPev4ls. 10 PcviigsiZefs 9 StPgnils. 2 StPrid4s.. 1 M&SPrf4%sct., 1 CM&StPcvbs... 1 CM&SPcvbscfs 14 10 CM&StP6s. ws Chi NW 415 2037.. 49 Chi T H inec 68 60. . Chi Un Sta 4%s.... 17 Chi Union Sta 6%s. Chi & W Ind cn 4s. . Del & Hud 1strf 4s 11 Del & Hud.cv 58 35, Del & Hud 75 30.,. Den & Rio G cn 4s.. D Rio G West 5s... 1 Det United 4% Erie 1st cons 4 Erie gen 4s. Erie conv 4s B Erie conv 45 D Erie cvt 53 67 wi Great North 5%s.. Gr Nor gen 7s. Hud & Man ref bs.. 27 Hud & Man aj 5s... 20 111 Cent ref 4s. 111 Cent 4% s 66 Int Rapid Tram6s.. Int Rap Tr 58 stpd. Int Rap Tran 7 Int & G Nor 1st 68.. Int & G Nor ad 6s.. Jowa Centrf 4s.... Kan City Ft S 4s... Kan City Term 4s.. 1 Lake Shore 4s28.. 1 Lake Shore 4s531... 1 Louis&Nash uni 4s. Man Ry 1st 90. Market St 7s 40. MIIEIRy & L5851 1 Mil EIRy & L 58 61189 M&StListrfds.. 5 MSt&SSM5s38gtd. . 10 2 MStP & SSM 6%s. MEK&T1st4s.. Mo Pac5sF 77.... 57 Nassau E Ry 4857, NOTex&Mb5sB.. NOT&M5%s.... NYCrfim4%s13 NYCentribs.. NYChi&StL 5% NYChi&StL 5% NYC&StL6sA New Havcd 6 N Hav&H clt N Y Rys 6s 65. N Y State Ry 4%; NY W& Bos 4%s.. Norfolk & W cn 4s. Nor Pac 3s 2047.... Northern Pacri 6és Ore Short L rfs 4s. Ore Short Lcn 5s.. Ore Wash 1st 4s. Pennsylgend }%s. Pennsyl 5s 64 Pennsyl 6%s. e NHRBONAD HRARARRR AN RO NEONND - St L IM&S gn 5531 StLIM&SR&G4s, StL&SFplisA.. StL&SF5% StL&SFadj StL&SF inc 6. StL&SFplésC.. Bownn Sou Pacific clt 4s.. Sou Pac 4%sA 77.. Sou Ry gen 4s. Sou Ry Con 68 94 Sou Ry 6s 56, . Third Av ref 4s 60.. Third Ave adj Union Pac 1st 4s. Union Pac 1st rf 4s. - 'S - . WO W~ Virgls Wabash 5376 B. ‘Wabash 5%s75. West Maryland 4s. ‘Western Pacific 5s. o B. & 0. FIGHTS FOR PLACE ON BOARD OF W. & L. E. By the Associated Press. Denial that control of the Wheeling & Lake Erle Railroad through fnter- locking directorates of the New York Central, Nickel Plate and Baltimore & Ohio, would lessen competition among Eastern railroads, was made in a brief filed with the Interstate Commerce Commission today by the Baltimore & Ohio. The three major lines already own 51 per cent of the stock of the Wheeling & Lake Erle, and officers of the New York Central, the Balti- more & Ohio, and the Nickel Plate, have applied for authority to serve as_directors of the Wheeling. The Pittsburgh & Lake Erle and the Wabash opposed the applications an the ground that such a four-system operation would be destructive of com- petition, while the former has sought aut{llonty to acquire the Wheeling itself. 2 84 2100 99% et MEETING POSTPONED. NEW YORK, September 1 (#).—A special meeting of stockholders of American Hide and Leather Co., to act on a proposed change in par value of the common stock from $100 to no par, scheduled for today, postponed to September 15. o WOOL DEMAND SPOTTY. BOSTON, September 1 (Spectal).—De- was spotty today, although a slight hardening tendency brought some buyers into the market. Fine territory wools are fairly active and worsted mills have purchased moderate quantities of Montana wool. Choice Ohio delaines were quoted to- day at 45%a46 grease basis. French combing territory wool was quoted at 1.05; three-eighths blood, at 90a92, and wools were quoted at 90 and best Fall grades at 85 clean. CALL MONEY STEADY. NEW YORK, September 1 (#).— Call moncy steady; all loans, H closing bid, 3%. Time loa mixed collateral, 60-90 days, four-six months, 41 ; prime mercantile paper, 3%a4. o 95% cvihs 9 100% 99% 100% ref5s....... 4 104% 104% 104% 552000 D.... 45 104% 103% 104% st s ct. 107 107 103% 103% 111% 111% 104% 104% WEEOEEEE> RRRPRRRRR 00000000 SALES DROP SLIGHTLY. NEW YORK, September 1 (P).— Sales of Jewel Tea Co., Chicago, for the first 32 weeks of 1927 were $3,- 738,400, against $8,871," °3 in the previ- ous eorresponding pei. .d. v Cuban, has been | Anaca mand for wool in the Boston market | Chi. in prices has | b 1.0021.50 clean basis, half-blood, 1.00a | g quarter-blood, at 80a82. Texas Spring | §tapd 0 WASHINGTO! SPECIALTIES AGAIN ADVANCE ON CURB Royal Baking Powder Fea- ture—Several New Highs Are Recorded. BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, September 1.—The now familiar process of bidding up one specialty after another gave the curb market a strong appearance again today. The improvement in the issues where the floating supply is small was pronounced in several in- stances and carried not a few to the highest prices under the present capitalizations. One of the outstanding incidents was the overnight jump of 20 points in Royal Baking Powder, following the 17-point rise yesterday. The in- centive here was the prospect of a recapitalization plan whereby share owners will benefit in ‘the form of a substantial stock distribution. Melville Shoe, at new high prices, was respond- ing to reports of highly favorable sales, while Celanez and Celluloid common shares went into new high ground, with buying based upon ex- pected benefits to be derived through the recent consolidation. A new high record also was estab- lished by Insurance Co. of North America, Singer Manufacturing equal- ed its previous hest of 400, Brillo Manufacturing issues reached new tops and Firestone Tire gained an- other 4 points to its highest at 167 before the demand subsided. Low-priced public utilities which were thought to be entitled to sell at higher prices in the present market were carried up, with the demand urgent. Large blocks of Lehigh Power ‘were taken close to the high for the year, and there was special strength in Consolidated Gas of Baltimore, Southeastern Power and United Gas & Improvement. Interest in the bond division cen- tered in newly listed issues of the type of Boston & Maine series “A” 6s and Kemseley Millbourn 6s. The former, crossing 94, sold at their best prices. The spectacular uprush in the latter issue overshadowed anything else that has happened in a new bond offering for its listing in many months. Offered for public subscription at 991, several days ago, the price was bid up yester- day to 114. The bonds were selling at close to 120 today. The explanation commonly given for the unusual rise was a growing realization of the value of the conversion privilege which the bonds carry. SUGAR ADVANCES. Renewal of Covering and Outside Buying in Futures Market NEW YORK, September 1 (#).—The raw sugar market was slightly more active today and prices advanced 1-32 of a cent to the basis of 4.77 for duty paid. Salcs included 28,000 bags of Cuban at 4.74 and 14,000 bags of Philippines at 4.77 late yesterday, and today about 14,000 bags of Philippines and 23,600 bags of Cuban at 4.77 for all September ship- ment. The steadier spot market and high- er London cables were responsible for a renewal of covering and outside buy- ing in raw sugar futures. Prices showed net gains of 4 to 6 points. Of- ferings increased on the upturn, how- ever, and partial reactions followed under realizing, with the market at midday 1 to 4 points net higher. Refined sugar was firmer, influenced by the higher cost of raws, with prices unchanged to 15 points higher, and ;Inc granulated quoted from 5.90 to .00, —_— W. L. ROSS RETIRES. Has $197,000 Profit on Exchange Seat—Plans “Good Time” Abroad. NEW YORK, September 1 (#).— Walter L. Ross of Philadelphia re- tired from the New York Stock Ex- change today with a profit of $197,000 on the seat he bought in 1899 for $29,000. He sold it to Malcolm C. Falk of New York for a new high recu. . price of $226,000, which is $2,000 above the previous high mark for Stock Exchange membership. Asked about his future plans, Mr. Ross said: “I'm going abroad for a good time.” CHICAGO LIVE STOCK MARKET CHICAGO, September 1 (#) (United States Department of Agriculture).— Hogs—Receipts, 24,000° head, uneven; 10 to 25c higher; mostly 15 to 25c up; top, 11.05; bulk good and choice 160 to 200 pound weight, 10.70a11.00; 220 to 260 pounds, 10.55a10.90; grassy and half-fat kind, 180 to 230 pounds mostly, 9.50a10.50; butchers, 260 to 300 pounds, 9.85a10.40; most 310 to 374 pound weight, 9.35a9.75; bulk of packing sows, 8.40a8.85; most pigs, 8.25a9.50. Cattle—Receipts, 9,000 head; good to choice fed steers and yearlings strong to 25c higher; others uneven; mostly steady to strong; she stock fully steady; bulls slow; vealers strong; strictly choice long yearlings, 14.80; medium-weight, 14.75; light year- lings, 14.40; most in-between grades fed steers selling at 11.25a13.50; bulk i';nsloers. around 14.50; few at 15.00a Sheep—Receipts, 25,000 head; fat lambs fairly active; steady to weak with yesterday; bulk good to choice range lambs eligible at 13.50a13.75; choice offerings held above 13.85; few sales downward to 13.25 and below; bulk of native lambs with moderate to light sort, 13.25a13.50; load lots downward to 12.75 and below; heavy buck lambs around 12.00; culls, 9.00a 9.50; few at 10.00; sheep dull; weak; fat native ewes, 5.50a6.50; few heavies, 4.5024.75. SHORT-TERM SECURITIES. (Revorted by J. & W. Sellgman & Co.) ——No Am. Tel. h‘l’el. Co. 48 1920, American Thread Co. s 1028 Anaconda Conver 63 10! ated il 6s 1935 ..\ ore * Ohio Bs 1926 Batavian 1 it C. 4%s 1042, Bell Tel of Canada 5s 1055 Nat Rwy. J i s FRERRRYR R SECEN s .8 s 1927, & Hud, Rwy. 7s 1030. Y 0T 1030 B hey Choc.. Cy H ‘;ll. Gas. Co. Bewvor T8, Pure 0il Co. 2333332333333333! FREEFEISFPPER SN B SR SRR SEEREEES & as 553 eSS ooy 52335533223223373335322232232232332! SIR32333383 - 5322333 ‘Wheeling Steel C. 5%: 1044 BOND OFFERINGS SMALL. NEW YORK, September 1 (#).— Public offerings of new securities in August are calculated at §410,446,896, of which $374,382,000 consisted of bonds and $36,064,896 of stocks. Bond offerings in August, although larger than in July, were less than the total for either of the three preceding months. Bonds for redemption in August totaled $33,032,600, against nearly $182,000,000 id July, — ___ _ At e bt bttt 5 83535335353555333553333233553:52333% ponmoRny D. C. THURSDAY, SEPTEMBER 1. 1927. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office Following is the list of bonds and stocks traded in on the New York Curb Market today: Saleg in INDUSTRIALS. hundreds. High! 1Ala Gt South. ... 14 Alb Pick Bar vic Aot o i L~ . e SRR ARt 8 - 2 oy e osem e ot 2 o EE o lyn Shoes Inc. iyn Sh _Inc D len Co 892030 00 ~J00s 3 e RS ] ey o @ uf Niag & E an Marconi W.. PFFAFEE 2 2 o a1 QowL 3 G e R R Db S SR # Celluloid Co rts. 9 Celluloid Co pfd. 1. 2 Colluloid Co n. 3 Celotex Co.. % Celluloid n Cen Aguirre Cent Pip Ce oy sy oo 2 3E5% FERRE SR e S D 3520 #ORRER B RARR AR oD SRS e o ("8 oxgeg el e it £ ) g 9, = ™ " 2% Bl e 2oERRAE2., 23852 Fedders Mg A ed Metals T.. 1 ‘ederal Water A 'irestone 1 . e o B s o oncazman B 3B e O EE R ret Fulton_Sylphon .. 3 Galv Houston El & S #EFOF B R R TR RS SRR E RRNER S R 8Gillette 8 R. .. 11 Gleason Prod C.. 4 Gobel 2 Gold Seal 2 Grant Co. o appiness C &t. . Hasrls Sesboldpid - 03 @uhus Sramom REAROIABE IR IR DD 1 Hobart Mfg..... 8 Holland Furnace i 17 Ind Rayon Cp A 15 Insur - 2 S ooy B TRty EHHo0 B&BO0C St id‘Wo:Um" nich t P & L 78 pt 1 2 Nat Pub Ser A.. Nelsner Br pid. 3 f )’g wherry J New Process 3 T LT ‘.'];_n:f Pow A i 35 North 0 Pw C. 1Nor Sta P C A 62 Northe Pow n. Oneida_Com Ltd Pac_Stl Boiler. . fo Sec.... g nsscno: e nzaon3 D58 i AEREARIT LS % b ai®icr s B 0 S R FREES 2335 e 253, 35055 it 815 R 300 RS 2, o r €Corp,. . 1 Sieberling R €.. 32 7 Silver I & Bros. 4 2% Singer Mg .... 4 20 Sou P & P 22,52 RS o % S G 0S53R ST FRRRSR TR F - e 3 % Do - - i # - sl 333 = RRSREE SRR SRR SRR R T S s oD o Orona b o1t SRR S o St - J=! 1 gt 2 e k1 R C... WSTBh A H% ng F. D., 50 Py b 3 o gt Do S 555555393 25353538 SR e S aggg! 3 o o goSgad o ESontomn uatS e, RSZERRIINLEREE RRARE R e FRFER b rts.. 14 ING STOCKS. . 95 Am Explora . 5 Beaver Cons 4 Bunker Hill 30 Cons Nev Ut: 50 Divide Exten §ales in INDEPENDENT OIL STOCKS. indreds. “Ié7Am con oilfas. .72 .62 m Mai e oobs; - » BOWDL BB O D 13 S BS B w020 ® R Eosximwa He Rt SRR S R . 4700 8'8 Tnaan 1008 0 Ki L3 o e e ) SEESREEEREaSR2: 3 e Pt o ety ST Baliea! & - - P B RRERSoRE [PRrooy EREEs e AR AR R R SRR Py SR o3 33 L i =SS S 23533 i 225 - Solmnsa et g DS BB D DA SO, D0a6000w x3% o e 222 b = S28323%, - [orey - 7790002 ¥7E208s == oS00 o e P 1t 2ER3535 o © b 1225 DA 1O S Pa B Gulf St Ut G Ind Qil & Gas 6 L5, o s =oe: SN e S2S2ER3E! e FSRRR 22SSISIES S g H @ : : ¢ — = SR3EERILRS3T0E = S nasron o s, 22 B ] @ e &, 3 FERE o 3228335 i b 555505 RSSIES, i 50555000 3 SO I B 2S33: b s by 5555500! 3 & b S BAD D190 g’ T 3 s WERRRR A " oeSo > 2383333383332 WRRE o 035 SEIESHE: £rEs 3, 33 ... A 2 RO ATS LS 1A P - 2 932300 Yy = gggaqay L RIS F soDo0omsnoos: 28233253228 PR O RS e S Sosa: > 8283 - FER bR 233233232232733 &t - =300 EEIEEY 2 3, - or B_Chile s 97 i Medellin 88103 eriand s B105% a—. f 5 i3 [ O I o o am Gha2eiEEd LaPaa 22ag aag [ w0253 oo oesSann=t 2355532533333832238533 FEEE B8 < - R ) 253 [ S T 3 2 Ll 2 H 3 ! £3 o 2 # 222 *® COTTON GO00DS QUIET. NEW YORK, September 1 (Speclal). —Cotton goods markets were quiet today at unchanged prices. Print cloths were quoted at 9 for 64x60s, and at 10 for 68x72s. Raw silks were a shade higher in a quiet market. girting POTATO MARKET STEADY CHICAGO, September 1 (#).—Pota- toes—Receipts, 25 cars; on track, 100; total United States shipments, 818 cars; trading very slow, market steady; ‘Wisconsin sacked round whites, 1.75 21.90; mostly 1.90; Nebraska sacked Irish Cobblers, 1.75a1.85; Idaho sacked russets, 2.25. NEW YORK MARKETS. NEW_YORK, September 1 (#). — Flour—Barely steady; Spring patents, 6.85a7.40. Rye—Steady; No. 2 West- ern, 1.10% f.o.b. New York and 1.08% clf. export. Barley—Barely steady; malting, 92% c.i.f. New York. Lard— Steady; Middle West, 13.10a13.20. ‘Wheat futures opened steady; domes- tic September, 1.36, and December, 1.40, both bid. Other articles un- changed. CK SALES UP. NEW YORK, September 1 (#).— August sales of Sears, Roebuck & Co. rose to $23,969,681 from $19,604,621 in August last year, and for the eight months this year to $174,856,950 from ;llsg.zn.ozl in the same period of ‘RUBBER IS STEADY. NEW YORK, August 1 (Special).— Crude rubber, smoked ribbed sheets, remained unchanged at today’s noon quotation of 34%. This compares with 35% a month ago and 40 a year ago. St NEW_YORK, September 1 (#).— Paige Detroit Motor Co. shipped 8,025 cars in August, against 1,090 in_August last year. s 1 o o e X Insurance Money to Loan First and Second Trust Notes Chamberlin Const. Co., Inc. Main 6347 212 Colorado Bldg. OFFICES_ FOR RENT | | SAUL BUILDING 925 15th St. N.W. g 5 See i et i frosilie el LS WYERS BUILDERS ACCOUNTANTS INSURANCS BROKERS B. F. SAUL CO. Main 2000. 925 15th St. N.W. ! | Life Insurance Company WILL LEND YOU MONEY ; oN RESIDENCES, APARTMENTS. BUSINESS PROPERTIES IN DISTRICT OF COLUMBIA AND NEARBY MONTGOMERY CO., MD. AT 1 5h PER CENT INTEREST THROUGH E BOSSEMELPS FOUNDED 1907 FINANCIAL. LET US FINANCE YOUR HOME LOANS To Run 5 Years No Annual Curtail 51,9 Interest WM. H. SAUNDERS CO., Inc. Main 1016 1433K 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 Office Building 2 0 B ss Property Apply RANnAu,f H. HAGNER &.COMPANY MORTGAGE LOAN CORRESPONDENT 1321 Connecticut Ave. Telephone Main 9700 Apartment Home TODAY IS PAY DAY The man who thinks he can’t “get ahead of the game” usually can't. There is no reason now-a-days for such limitation of success. It is true that the first few dollars are always the most difficult to amass—however, with the realization “that you are able to save comes a financial self-confidence and an increased incentive to work to- ward inevitable financial independence.” Our partial payment plan of purchase has enabled many people to own our safe and dependable FIRST MORTGAGE NOTES SHANNON -&; LUCHS 1435 K STREET N.W MSPHERSON SQUARE, NORTH LOAN CORRESPONDENT 1417 K ST. MAIN 9300 3000000000 BANK STOCK TRUST SHARES THE FRANKLIN NATIONAL BANK, Trustee gives you an interest in ten of Washington’s lead- ing banks included in our series “A” which, during the past five years, in cash dividends, stock divi- dends, market price and rights, have shown an Average Gain of More Than 20% Yearly Your ownership of bank stock trust shares, based on the past successful operation of these ten banks, should give you a net profit of approxi- mately 20% per year. BECAUSE Washington’s future, including the one hundred million dollar building program, should assure the continued gx)zperity of the banks included in our Series Price at the Market $21.25 Per Share Equitable Investment Trust, Inc. Suite 216, Transpertation Building, ‘Washington, D. C. Main 5641 Wli,'by Wait to Answer a Later Advertisement? Mail the Coupon Without obligation please send me circular S-3. Address ..... * 13 SOPPPP089000000000600