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¢, WEDNESDAY, SEPTEMBER 7. 1927. FINANCIATL, \ 0 ¥ FINANCIAL. THE EVENING STAR. WASHINGTON, D. - INVESTMENT LIST NEW YORK STOCK EXCHANGE | |TAXES WILL DRAIN |First Metfasse Lonn [ nent esmire voans | SREEE £l Received by Private Wire Direct to The Star Office. P T SuRRR 5 / p. ‘70 R e Sk T T Eamilatve Fefer his' Compans. the current quarter. yasabis tetober 15th 1077, to holders of I FRED T. NESBIT 1010 Vermont Ave. Suin 9302 «urd at the close of Checks 1 be Open FAigh. Low Close Abitibl Pow (5) 108 108 108 108 |Flec Power & Lt Abrahm&Straus 903 90'; 90% 90'5 | Klec P&Lt pf (7) 105 Adv Rumley.... 12 12 1 12 | Elec Refrigeratn 1 Adv Rumley pf.. 36 36 86 36 |Ilec Refrigrts. Market Strong and Active|Anumada Lead. 1 Stee Bat (16) % 5% B Alr Reduetn(16) 184 188'4 18312 186 1k Horn pf. 9 9@ /% 9 and Trade Broaden—C. & |iliany Faprc alw ani 20 | End Jonn (5) o o nd John (5)... Albny Pap pf (7) Engineers Pnh 8 0. and N. Y. C. Features. |AledCem () Equit Bldg (7).. Allfs Chalm (6). Open. High. 274 28 1927, s will not clo OWEN “SHEPHERI and’ Treasurer. Mortgage Money Loaned at Low Interest Rates Insurance and Bonds e Conditions Geo. H. Price Co., Inc. §| Tyle:“&" Rutherford F. H. Deland, Pres. Loans Correspondent Mutual Benefit Life 815 15th St. Main 4793 1520 K Sl;z.e't"“ Main 475 @ 121 U Orpheum Cir (2 Otis Elevator (§) 144y Otis Elev pf (6). 121 Otis Steel....... 10 Otis Stl prior(7). 74% | Outlet Co (4). .. Outlet Copf (7). 1124 Owens Bot (C15) 78 « Pacific Gas (2).. 40 Pac Ol Stu ) Pac Tel & Tel (1) 139 Money to loan on Im- proved Real Estate in the National Capital. Applica- tions Confidential. Prompt Service. Interest Rates— 5V and 6% | Bankers dedering About| Next Call by Controller. Trade on Exchange Active. Protect the Family S | Amal Leather 22% \ GEORGE T. HUG \merada (2).... s | Deposits in Washington banks, will e :'T:"‘ = | Am Agricul Ghin Bureka Va ft43% }';?::Ho‘rt,rn" be drawn upon heavily this month Mortgage Dept. oiiapes ne R T L R Eairhanks 3)... Pan-Am (6). o geyoral Kinds o taxer, and bine 1@ [SHANNON. & LUCHS)| { o or the | Am Bk Not (3) o HEou] L sd L (RER NS0 rte s Controller of the Currency plans | e | B . | e s making another bank call, which 1435 K Street ! s Parmt-Fam (j8) 104 Park & Tilford.. 28" Pathe Ex A (4).. 29y | Ifed MotT(fSve) Fid Phoenix(4). rst NatS(1 might show figures far below the vecord results from the June call. Previously the controller used to Main 2315 #tock market today and prices mount- The mark R R iR N S R R R LET US FINANCE «d to new high levels. vus not only strong and active, | 0 isk Rubber. . .. Patino (1.21 2-3) ntro i b At 3 17 make four calls a year, for report- |3 L[ Droad. Stocks of all groups partici- [\ B o8 BT e Sl ing on the condition of national H pated in the improvement Am Brown Bo pf Fox Film A (4) PaDixleCt(3.20) 24% banks. ‘LnTlt A\'e-\r.nllm\g"e? m,';"if sn'u‘;:n:vn n.mm.m:"m.:‘.‘u.. o vas fast and|AmCan(2)..... T 4). 4 Ctpf (7). 9 Wi gl A Hl L . : S ce was fast and Freeport (1414). Pa Dix Ctpf (7). 91 there have been two calls al- | Joseph I. Weller ¥ l,( )A Q AL times the > . 1 65 furious with the ticker almost 20 min- | Am Car&Fdy (8° 104 104 10374 1037 i usiness on the floor. | Am Chain pr (7) 101% 101t 101% 101'% | Gabriel Sn (3%) e more reassuring appearance, | Am Drug (80c).. 13% 13% 13 134 Gen Am Tnk(4). Jt'ls an old rule of speculative prac-| Am Express (6). 157 158 157 158 |Gen Asphait.... tice that when a rising market reaches Am & For Pow.. 24' 26% 24'% 25% |Gen Asph pt (5). o thage of excitement it s time to| AmHide& Lea. 10 10% 10 10% | Gen Cigars (4) 1L, “but whether today's proceedings | Am Hide & L pf. 631 631 634 Eennie fell 'within that classification remained | Am Ho P (240). 54 4 537 é::: C:::(p‘;;\:v ; & matter of opinion. Undoubtedly the Am Homes rts o Gent.‘:&}:: A&) technical position was seriously under- o R mined and vet the Intervals of moder- | i ‘ A : . 5215 5215 | Gendotors(w.i.) W in the buying seemed to nega- 6% 7 |Gen Mot pf (1) e o8| ready. and bankers are “\\’onr(‘ierlr:x | now, whether the controller has in —\ 43 43 | 04 o return to the old practice To Run § Years 135 133 A 5 f four a year, or adhearing to the % 94t 95 | OF (llent of three only established 1 Have a N Aintal Custaid last e, it 1s aamittea wit ve|| Fund of $100,000 5 1 /2 % Penna RR (3%) 66 Peoples Gas (8). 151'% Peoria & East... 454% Pere Marq (18).. 136% Pere Marq pf(5) 94% Phila Co (k4)... 107 PhilaCo5% pf2% PhilaCo6 % pf(3) Phila& RCI... Phila&RC&I cfs. Philip Morris. Phillips Pet (3). % | Phoenix Hosiery drained to some extent by (he pay- ment of several taxes e thir . quarter of the Federal income tax to loan on desirable is due September 15. Real estate taxes for the District of Columbia, Second Trusts are due on or before the last day | American Ice... 28% . 9% Interest Am Ice pf (6). Am Internatl( | Am La France o B e [t | 25" g | Glidden Co. . [BtliasEy ol Exchange Here Metive: | rompt Answers ain 433K out any ozt | ek Lt i) s o [l g aa"neive oy, “witn || J. DALLAS GRADY | | | Pifts &W Va(6). PorRicoTobA (7) Porto Rico To B. 6% €04 461 o not only of the public utilities most in demand, but also of some others, o | Am SafetyR(13) = 44% 45 |Gothm S H ( nce, Chesapeak Am Seating (1) for Ohio ond New York Cenual. The |y s 173+ 174% | Gotham new 0 i i anstor ; Triwr had been strong all throush [\ S e i ASBktaeate | GothamEH B (1) ot el by O fatin: ot (N6 DIsmiettonCo- 1 J.owpreceding day at the highest pr St ) " 145 | Gould Coupler A O i i nkers’ i i e~ 1t “hettered yesterday’s | Am Swam vt (6) o Pr Stl Car pf (1) 881 8815 jumbia_Bankers' Association will be | 0 : b % 02 Frod & ReNaeeN, 24w 23 24% | Issued this week. | Grt North pt 7 Gt Nor pfefs(s) 613 594 61% | Grt Nor O (11 341, 34% | Grt Wes S(2.80) 1707 171% | Gt West 8 pt (7) 145% 145 | Green Canan. ... 145% 145% | Guantanamo +{ Guif Mo & Nor pride today. Chesapeake & Ohio. | \hich had been a laggard for a long | tme, came to the front early in the | forénoon and at 197 touched the high- i 1 time. Am Tel & Tel (93 1707 1 detense for both [ Am Tobacco (8). 146% 146 New York Central | AmTobaccoB(8) 145% 145 Am Tobae pt (6) 117% 117 %1% 41 413| Plans for a merger of at least seven Pub Serv NJ (2) 46'% 43'% 46 chain stores are reported to be mak: First Deed of Trust Pub Serv pf (8). 100% 100% 100% | ing headway, with the J. G. McCro PubS NJpf(7)..114 114 114 114 5 and 10 cent stores as the nucleus, n Notes for Sale Pub SE&G pf(6) 107 107 107 107 was reported today from New York. Pullman, Inc.... 78% 79% 7T8% 79 Formal announcement is not expected Secured by Punta Aleg Sug 291, 39% | for several weeks. Mentioned in the p consolidation are J. J. Newberry, F. & Improved Real Estate in the Producers&R pf. Real Estate Security will earn, it about $1 117 17 B diire is ities in | Am Type Fo(8). 136% 136 1. 13 GuM &N pf(6). Pure Ol (+2). e G i iy 2 . . . . e e e e subsidiaries are | Am W \V (mS0c) 54% 54t 53% B53% | Gulf States (5).. PO T Otang; Jhic: Jletopol e District of Columbia E shall be glad to immediately investi- tnken into account the sum will be | AW \ooten.; -« T 28l 20 | Hannastpt Purity Bak B (2) Bros. & Co, and McClellan Stores Cor- Principal and Interest gate all applications for loans on First Am Woolen pf. . 66 61% 62% ! apr i Am Writ Pactfs 20 20 20 20% u:"“"[‘::[f)r:,i]}‘ AmWrPapfcfs 54 64 54 B4 |Hoe&CoA ... Am Zine... 6% 63 6% 6% Hollander & Son Anaconda (3)... 46% 46% 46 46 | Housnla P (3g) Archer-Dan (3). 45% 45'% 45% 45% | Hoyston OIl. . . n-arer §20. Chesapeake & Ohio, on a basis, ought to net almost $30 ending December about the cheapest high-grade railroad stock, comparing the percentage of earnings tp market poration, The group does an annual . . Bhsiness o about $16.000,000, = | GUARANTEED « Trust security submitted to us. Asked About Exchange. REAL ESTATE Undersecretary of the Treasury MORTGAGE & Mills in a radio talk over a hook-up Radio Corpof A. Radio C pf (313) RSHICefs (4). Reading (5)... Reading 2d (2). mHERE will be no delay either in getting our reply—or in the money being ad- Armouroflll(A) 9% 9 9 ki Real SilkHos (4) prige. : e i §y | Howe Sound 4). oyt e of 38 stations last night to explain GUARANTY 4 On the other hand, the advance in | .o 1pr(7) 67 67 Hud Man (232). Rem-Rand 1,60 the Treasury’'s September financing vanced. Minneapolis, St. Paul & Sault Ste | (TR OGL o 37 a7y | Hudson Aot (5). Rep Irs St1 (4). offer told the story of an American CORPORATION Marie was a distinctly speculative | 1T FENGE- - L 3T 50| Hupp Mot1.40). |l A traveling fn India “who had received |§ 0o 00t ol ey move, founded on the expectation that | \cco' ey G (213) 47 4T 467 Lilinots Cen (7). Reynlds Tob(5). the message of the Second Libertv ain BEREON & Yere azricultural prosperity will resiore o | \sco G Ist (6) 106's 108ty 106' 106'; | Indep OIl (1). .. Rey Tobac B (5) Bonds having been called for Novem- Resources Over $4,000,000 this road the earning DOwer It|\ceaDG2d (7). 107% 107% 107% 107% | indian Mot (133) oSt RS ACe. ber 15 next. He wrote the Treasury, ,000, Robt Rels 1st pf. tossia [ns (6).. RoyalD(a1.33%) { Safety Cable (4) St Jos Lead (13) StL&SanFr 183 St L Southwest. Savage Arm Schulte (3%)... Seabd Alr Li Seab Air L pf. Seagrave (el 20), Sears-It (n213). Seneca (oper Mr. Mills said, asking that he might L. E. Breuninger, President exchange his holdings for any new |l e offering that might be put out in ex- change. *“Here is a man,” said Mr. Mills, “on the other side of the globe —10,000 miles from home—who takes the precaution of writing to the Treas- ury Department months in advance, in order that he may be certain that he will not lose an opportunity to| exchange his bonds.” | The theme of the conventlon of the | National Association of Life Under- | writers to be held during October in Memphis, Tenn., is to be built around formerly enjoyed. Great Northern | \¢Tg& S F (191;) 197% 197% 195% 195% | Indian Refining. preferred was sitll strong, on the same | ychison pf (5). 10215 10214 102 102 | Indian Refg ctfs srgument. New York, Chicago & St. | AtICL (+813).. 198% 201 198'% 198% {Inland St (233).. Louis went along with other railroad | Atl Guif & W 35% 37 35w 35%4 | Inspiration.. Investment stocks, making a new 1927 | Atl Refining (4). 118 121% 118 118% | Intcontl Rub(1). top. AtlasPowder(4). 642 64's 64 64 Internat Agri The twe old Industrial favorites,|Atlas Tack...... 8 84 8% 8% | Int Agricul prior General Motors and United States | Austin-Nichols.. 5% 5% 5% 5ulntBusMa (4).. Steel, started in strong and S0ON | paldwin L (7).. 2634 265% 2 nt Cement (4).. racorded mew high prices for the pres-| pia'Loco'ne (7) 124 & 124 Int Cement pf(7) int shares. General Electric did the | Balto® O (6)... 122% 1231 Int Com Eng same, and so did Woolworth. All| Balto & Oh pt (3) 7% 79 Int Harv (§6).. thege had to absorb heavy Profit | Bane& Ar (31). Inter Har pf (7). X in the session, however, 7 ., | IntMtch pfez.20) laking later in the sessio Barnet Leather. S74 | eI Y| 1415 K Street Main 4752 WE PAY MORE INTEREST ON SAVINGS ACCOUNTS Than Any Other National Bank in Washington Interest on DAILY Balances Come in and let us explain APPLICATIONS INVITED and: came down from their forenoon | BarnsdallA(213) 23 3 > e RS ., ¢ around | 5 o e el E A i v o e ot | Commereial Nat'i Bank for EOANS on ) 85" Sh.ber The (5). Simmons (2). Simmons pf (7 Simms Pet 167% 1674 167 | Sineialr O, - - - b Bayuk 1stpf (7) 109% 109% 109 109 . Better Melues AShrkst Beech-Nut (13). 57% G7% 570 b7 | int! Paber (2.4 There was a better market for some | paetiotgt LTS DI D% 3Lp 2114 | Int Paver pf (7). of the independent motors and inde- | pethlenem Steel 63% 66 21% | Ing Ry Cent A pendent steels than for the leaders. | gerp Seipf (7).. 116 116 116 116 | NEEY CA pf(5). Nash was prominnt :. nong the former | Bigomingdale. .. 40 Intl Silver. . snd Bethlehem and Crucible among | Blumenthal pf.. 8 Ihe latter. Bethlehem sold at the best | Bon AmiCl A (4) 6! « | Int Tel & Tel rts. since 1923. There is still talk of | Booth Fisheries. 5% 5% b% = 5t | Intertype(tiis). Fethlehem initiating dividends on the | Booth Fish 1st.. 46 45 45 45 | Lsland Creek (4) rommon before the year is out.|Briggs Mfg (3). 28% 28% 28% 28% |JewelTea...... Crucible pays $6 now and so gives| Bkin-Edison (8) 163 184% 183 184% | Jones Bros Tea. an .extraordinary high vield .in_ the[Blkn-MnTr (4). 56% 56% B66% 56% |Jones& Lau (7). present market. It has always been | By ManTpf(6). 8 85 85 85 |Jordan Motor... in | erratic performer marketwise, | Bklyn Un Gas(5) 147 150 147 149%{ .. . ] irhich perhaps accounts for its lag-| Brown Shoe (2). 45% 46's 45% 46 K.nc :‘3" South.. ving o far behind the rest of the|BrownShpf (7). 119 119 119 119 |Kayser (4) announcement today. South American Market. | The growing Importance of South America as an_ export market for 4 y American-made _automobiles and mo- e i 145, | Sloss-Shet (6)." 128 128 128 | for trucks is reflected in the increased 83 33° 93 |Sloss-Shfpt (7). 107% 107% 107% | purchases by Colombia alone in 1926. 6612 66 65 |SniderPackgCo. 14l 14% 14% 14%|according to Kissel, Kinnicut & Co. i SPorto RSug(2) 41% 41% 41% 41%| \Whereas, in 1924 Colombia was the First Mortgage South Por pf(8). 130% 130% 127% 127% | market for only 680 passenger cars v g and 252 motor trucks from the United iy e States, In the two vears following the oans Brutaiisen. figures reached 1,645 and 1327, re- phtniERaIR) spectively, a total increase of 218 per Southern Ry ( - Spaulding pf (7) cent, according to the Department of IMPROVED PROPERTY Located in the District o! Columbia and adjacent Suburbs in Montgom- ery and Prince Georges Countiss, Md. 5: % INTEREST 1ith and G Streets Resources, $17,000.000 R. GOLDEN DONALDSON. PRESIDENT ou S5 88y 8gi | Int Tel & Tel'(6) Applications Invited at i ¢, | Brunswick B (3) 33% 33y, | Kelly-Spring.... 4 Commerce. R By | rnewiok Tt S5 10 o _#h|KellyTire6% vf b With present production of electric Utilities were not neglected, the | Burns Bro (10)." 1043 106' 104% 10614 | Kelly Tire 8% pf Std Ml : power reaching new high levels, elecs 1 Apply to most. conspicuous being Consolidated | Burns Br B (2).. 25 25w 23 z5% Numep . Sta Millg pF (6 tric companies are experlencing the 270 Gas, at the highest for the present|BurrosAdd(t4). 112 112 112 112 I gt StdOiICal(12%) . best year in their history, according , : . ‘National Power | Bush Term (58). 62 621 61% 61| KraftCh (11%) i to a study of the industry made by B ol garvice of | o ey Hornblower & Weeks, investment On Improved Property H. L. RUST COMPANY Std OIINY(1.60). Sterling Pro(16) & Light, Public Service of New Jer-|Bush Trmpf (7) 118 118 118 118 Kresge (1.20)... v . Butte&S @ 9 9 Kresge SS pf(8) sey, American Power & Light and AT R Bgv’ Bg oL ] bankers. Since business is increasing steadily, new production records LOAN CORRESPONDENT 3 lifornia Edison were all in | Butterick (2) ewart-War 2 o Byer & Co. 6% 81% 76% 8l% | LagoOll (3) s e should be set by many companies by Conatruction: Loans By-Products (2). 73% 76% T3% | Lambert Co Studebaker (5). . the close of the year. For the first o o i Gh PRUI)ENT'AL INSURANCE Interest Shifts Later. | Canit Packg (4). 67 66% 66% | Lee Tire & Rub . SObRaTHe Bodt. half of 1927 electric power production at Minimum Rates | e TInterest shifted about in the after-| Calif Petm (1).. 22% 2215 221 221, | LehlghVal(3i;). SunOil (i1).... gained 91 per cent and indications f COMPANY of AMERICA noon, new leaders being taken up as | Callahan Zine. .. 1% 1% 1% 1% Lehn & Fink (3) Superior Oil . are that gross revenu: for the year 1927 will be 10 per cent ahead of a Superior Steel Tenn Copper (1). Texas Corpn (3), Tex Gulf 8 t43 . Tex & Pacific..... rex PCLO(60C). | Tex Land Trst n Thatehrpf(3.60) The Fair (2.40). Thompson(3.60) Tidew Aso (60c) TIAWAsOIIDL(6) Tide Wat O (80c) Tide W Of1 pt (5) Timken (15).... 1 ‘Tobac Prod (7).. Tobac Prod A (7) Transcont Oil. .. Underwood (4).. Un Bag &Paper. Union Carb (6).. Union Oil (1215) Union Pac (10).. Un Pacific pf(4). Utd Cigar Stores Utd Cig St pf (1) United Drug (9) Utd Drg 1st (3%" Utd Dyew pf (7) Utd Fruit(15%). the old ones faltered, but the general [Calumet& Ar (8) 7L Tly 71 71y | LifeSav (1.60).. » g 15 tone of the market was still decidedly | Calu& Hecla (2) 16 16 18 16 *| Lig & Myrs(tr4) 1001 15th Street N.W. Main 6888 strong. United Fruit was bid up 4] Canada Dry (3). 56 564 b54% 554 Lig&MyrsB (f4) 123% points, and National Lead continued [ Can Pacific (10). 187'5 188 187i 187 | LB &Mpf (7)... 124 its advance, making a mew high for | CanPacifierts.. 4% 4% 4t - 4% | LimaLoco(4).. 65 the new stock. Wright Aeronautical | CaseThreshg(6) 275% 278 273 276 | Lia Carb (3.60). 49 niso established a record high. and | Cent Al 2%7n 287 8% 287 | Loew’s Inc Savage Arms made its appearance on | Cen It 318 318 318 |Loft.... 14% 14% 143 [Long Bell A (1), 75 | Loose-Wil(2.60). { CerrodePas (15) 65% 66 65% 6% | Lorillard Co ) 4913 50 | Louisiana Ofl. 110 | LoulsGasA(1.75) %, | Louis & Nash(7) 1n, | Ludlum Steel(2) McCrory (1.60).. McCrory B (1.60) 9% year ago, the bankers point out. ) { Operating Costs Cut. Glover &; Flather 1508 H St. N.W. While production figures are incre: ing steadily, operating costs have mained constant or diminished. Water supplies have been unusually abundant this year due to unprecedented rains while coal prices have remained around hottom and labor costs have been constant. Costs of borrowing money, which must be considered as operating costs, have been unprece-| dently low. With gross sales at a ||| maximum, indications point to an even | Today the Call Is for an Ideal f larger proportionate increase in net | f Real Estate Loan plan x | than in gross. WE HAVE IT ‘ NT (i1 the tape for the first time In over a|Century Rib M. week with a net gain of about 3 Century Rpt(7) oints. v'l'berfi was unusual activity in the ‘:CI‘(din-T-gd 4) 49% lower priced motor car shares. Stude-| Certain-T 1st(7) 112 112 110 baker, Jordan, Dodge “A” and Hudson | Chand-Cleve.... 6% fell into line with Nash on a combi- [Chandlerpf(2iz) 21% nation of fresh buying and short cov- | Ches & Ohio (10) 196 ering. General Motors was not so ac-| C & O Corpn (3). 75% tive and ruled under the preceding| Chl& Alton. Bl MeIntyre P (1).. 26% close. Chi & Alton pf. 14 14 Mack Truck (6) 101ls Railroad stocks were still firm.|Chi&Eastlil... 46 47 45% 46 |Madison SqGar. 2215 Traders used as an argument the fact | Chi & East1ll pf 80 ~ 81% 80 80 |Magma Cop (3).. 37% that car loadings in the week ending | Chi Great West.. 16% 174 16% 16% Mallison & Co. August 27, the last for which statis.| Chi Gt Westpf.. 35'; 36% 35'3 35% | Mallison pf (7). 79% tics were available, were at the high-| CHIMU&StP.. 17% 18 17% 18'%| Man El Sup (5).. 55 est for 1927 to date. They ignored the | ChiMil&StPpf 33 33% 32% 33%| Man El mg (d5) 48% fact that this total represented a de- | CM&StPefs.. 16% 17l 16% 17%|Man Shirt (2)... 297 cline from the same week a year ago, | CM&EStP pfefs. 32% 33 324 33 | Maracaibo Oil... Baltimore & Ohio was very strong, and | Ch & Nwn (4).. 924 92l 9% 924 | Market St prior. 56l ®0 for a time was St. Paul preferred. |Chi PneTool (6) 127 129% 127 129% | Marland Oil..... Notwithstanding all the activity, | i1 Rock Is (5). 112% 1123 112 112% Marlin-Rck 13%. 47 Childs (32.40).. 63 63 627 62' | Mathieson (4)... 118 Officfal announcement is made of the .formation of the Massachusetts | Utilities Investment Trust, a holding company organized for the pyrpose of acquiring control of public utility operating companies in Massachusetts. Twelve new trustees have just been added to the board, in addition to the trustees elected during the preliminary stages of organization. These include prominent investment bankers and public utility executives in New York and New England. eales for the first three hours were | o | " i ve | ChileCo (235).. 35% 35% 35% 35%|A USCIP&F (10) " " ol only o litls over 100,000 shares above | SILCO G5 835 30 Ghn 8| MayDastSih.. 8L USCIrpt (). B g e ] As Mortgage Loan Correspondent for the Mztro- v City Stor A (33) 49% 49% 49'5 49% h US Distributing Dreadene or Nationa 0 3 i | CLOSING 1S STRONG. Gy Sires (51 49a on amd g0d) Mia 14 D B DSt motor. trip through New Engiand and politan Life Insurance Company we offer to the people _ (5). T1% T3la. T0%a Continent(3) 30'a Canada. 5 6. 1 "o | Houston Ofl Up 14 Points, and Others | Coriina s Atk in) “sore oo sbrs so. | Saale States. .- oot ool )1 Archibald McLachlen, secretary of of Washington and nearby Maryland and Virginia 5 Collins&A pf (7) 103 1037 103 1037 | Mi sl ool US Leather A e Mpfiuhisy Buuking Cenvoretion) Score Strong Gains, Miller Rub (2).. il has veturned from a vacation in In. | arge or small loans for Col Fuel & Iron. 841 90% 845 %9 s o8 NEW YORK, September 7 (#).—|ColGas&El (5). 95% 96% 95% 9% [ MInECD A AR, 4:.: The closing was strong. The bulls|Col G&E pf A (6) 106% 106% 106% 106% | a1 St P&SSM pf. 67% continued to retain their grip on the|Col Carbon (4).. 76% 77% 76% T7% | MSLP&SSM li(4) 64% market and a number of aggressive K Com Cred (1). 18 18 = 18 | Mo Kan & Tex.. 47% demonstrations were carried out in|Com Crpf (1 Mo K & T pf (6). 107 the late afternoon. Houston Oil rose | Com CrpfB (2). Missourl Pacific. 56% more than 14 points, Colorado ¥uel|Com Cred pf §z. Missouri Pac pf. 104% gotp 7, Endicott-Tohnson 6 and Na.| Com Inv Montana Pow (5) 1023 tional Lead 5. Public rvice of .\.»w"'um Solv MontgmryW(4). T8% U S Realty (4).. diana. s U 8 Rubbe: . U S Rub Ist (8). U S Smelt (333). U 8 Steel (7). U S Steel pt (7). Uni Pic 18t pf(8) Uni Pipe (123). Ut P&LE A (e2). FORMS WESTERN FIRM. NEW YORK, September 7 (#) Firestone Tire & Rubber Co. of Cali fornia has been organized by the par- ent company to handle its Western business, with capital of $20,000.000 common stock. To finance the plant 4 —Fifteen Years B 4 —Lowest Interest Rates RS . w4 s(8) 184% 189% 184% 1 Jersey bettered its previous best fig-| Com Powr (232). 61% 61% 60% 6 Moon Motor. . V. - C re after absorbing & block of 10000 | Congoleum-Nair 25% 25% 24% 24% | Mother L (500).. 2% e R the company has seld $10,000.000 of | _NO Renewal harges shares at 45. Total sales approxi-| Cong Cigar (4).. 67% 68 671 68 ,MotionPic(1).. T Vick Chem (4). . Ti-year 5 per cent sinking fund gold | mated 2,400,000 shares. | Con Cigars (7). #1% 8215 81% 81% | Motor Met (3.60) 28 Victor Tik Mch. . g gt iy o ool || S isf T | Consol Distribut 7 a° % %] Motor Whi (2).. Vietor cv pf (6). o H o (lre\le“l-uu:‘ r(','“",("‘ Pubtic || - —datis actory erms Consol Gas (5)-. 114% 118% 114% 1185 ;}ull::ns!l;m]ry.x. Victor pr pf (7). o aon oo will be made || Wall Street Briefs | |Conitinses %0n 7ia Ton is | Munsingwr (5. VaiCar Ch b pt e i Consol Textile.. 47 4 4x 47 | Murray Corpn 24% 2% 24% Car Ch pf (7) RUBBER DECLINES 1 S NEW YORK, September 7 (P).— | oI BAKEA (0. 43 45% 4Da 43%iNash Mot (ti1s) 90 93% 89 93 |VAEONCoNEC V YORK, September 7 (Special). ||| We Invite Your Inqulry | Common stock of General American | Cont Bak pf (8), 91 92 91 92 |NatAcme(sta). Sk G Bk By io0n Detin —Crude rubber, smoked ribbed sheets, ||| ‘ D i avu i o can (6 L 74 a4 73 73k | Nt prscunt 123, 148 1 tite 14s" | Wabash...... declined Yc at today’s noon quotation | || an_ increased annual divider A 5% 2 A b ol | S RAls Of 31 & @hars With a qu:lrler‘ly Cont Insur (6).. 190 190 190 190 |NatCash R (A)3 45% 461 45w 46y | Wabash Dt A (5) of 34 ,filc‘. This compares with 35%c ||| ; Cont Mont (80c). 10% 10% 10% 10% | Nae) Dairy (3 2% 6 Waldort (1%)... a month ago and 40%c a year ago. disbursement of $1, payable October | Corn Prod (13).. 57% bBT% b7 b1% | Nocoary (3. &2k 68 % 83 |walwortn (1.20) 1 to holders of record September 15. | Cory Inc (5) 91 91 o1 g1 |NatDStist(D. 9L 91% 91 14|y, g Baking B. Woolworth (5).. 186% 192 186% 13 The previous rate on the common ettty Sb%. Bb% o NatDistillers... 41% 41 401 4oy | ward Baxing B, oolworth (5).. 2 186% 1 Tiad Deen $3 annually and was paid | CacibleSteel (8) 931 S8 934 90| NatEnamel&S. 28% ugw 28 284 | warl BELPLC ) Worthn Pump. .. 34% 364 341 o semi-annually. The regular quarter- | Gupa cane Supf, 38 381 88 381 | NatLead (5).... 1204 126% 119% 128 | warner.quin(z) ‘x;}l:\:l\‘-'rau‘;) 514 ggm ggb& gg’& Ty of $1.75 on the preferred also Was | Gops Comansr: 30 231 s ot | NAtPw&Lt(800) 24% 26 244 25%| warrolEros (4) gley .. B5Y % 65T £ NV suthorized. Cuba Company.- 224 20 53¢ 5. |NatSupply ().’ 8T 88Y 874 88%|illwpice cor Yale&Towne(5). 83% 831 83% 834/ Ugy- g gy u k o 24% | Nat Surety (10). 246'% 254 246% 245 | o°F Sk 4 Yellow Truck... 33% 33% 33 33ul|]l . Saunders Norvell, has been elected | Cudahy Pkg (4). 4 48 Nat Tea (4) elIEIE D Yel Tr&Co pf (1) 89% 90% 89% 904 president and a director of Reming- | Cushman's (§). 118 118 118 118 | Nl da'Ci1} West P Po (6). .. ey, a8 aa ane o i Jey, who resigned owing to ill health. | e, " i o4 N Y Cent (8). g Hourly Sales on N. ¥, Market. . 4 He also was made a director of Rem- | Del & Hud (9).. 210 210 210 210 Central rts. West 3 2a.p¢ .m... 597,000 1pm.. 1,115,800 . % P a0 e M hocister Con and all | DelL& W (17). 1364 136 1asx 138 |NFSoaiis West Pacific..... sl e L 809 15th St. NW Main 9486 other subsidiaries of Remington Arms | DR G Wstpt 59% 59% 59% 5% West Pac pf (6). e | Col" The vegular quarterly dividend s 166 3 West Union (8) | of 1% per cent on the first preferred vos & R(2.40) 3T , 374 % I Stock was declared PevoeGT 1st0T). 1117 11T 1L 1117 X X Char v, Westinghse (4). bires et s mee SU0 1 Mortgage Loan Correspondent Charles T. Black has been elected | Dodge Bros CIA 174 18% 173 1wu | N Ontle ¥ (L Weston Electric. o ol T Metropolitan Life Insurance Comgpany s president of 1k New Standard Oil | Dodge pf (7).... ©68% 69% 68 649% orfolk South Wh L 2). in common stock 1Pl Co. of New Jerse! sently incorpor- | Dome Mines (1). 9 8% 9 Nort & W (8). White Mot (4).. Ay yenrene ated in Delaware as a subsidiary of | Dunhill Int (4).. 51% 52 51 52 :;Ammnnk' White Rock (2). the Standard Oil Co. (New Jersey).| Dupont (19%).. 314% 314'% 311% 313% North Am nlf.(i) White Sew M (4) wheo earn which is to have charge of domestic | Du Pont deb(§). 3% 113% 113% 113% .\vo th Pac (5) 9 ‘White Sew Mach st e Willys-Overland production, manufacturing and mar- | Eastman (18). 167 166 166 Jeling. George W. McKnight, C. Faton Axle (2).. 284 20% 28% 28% Willys Od pf (1) lo'.‘érf Py fihefMeld and Richardson Pratt were El AutoLt (f6%) 99 9914 98% 98% Oil WellSup.... 354 35% 35 35% WilsonCopfA.. 2 D rely sk legled vice presidents, .. leciiic Boateevs gu 20l 194 19% OU Well 3 Df.sae 108! 108l 1074 1084 Wilsop &Coples 71% 71h 71h 71% qPlus onedall Nor Pac efs(5).