Evening Star Newspaper, September 16, 1927, Page 14

14 * ‘FIN ADVANCE CHECKED - ON STOCK MARKET Many Stocks Score Gains, A Some Spectacularly—Lead- ers Hold Up Well. BY GEORGE T. HUGHES. al Dispatch to The Star 3W YORK, September 16.—An- other attempt was made to check the advance on the Stock Exchange to- day, and for a time it was successful. Heavy selling for both accounts was encountered directly at the start, and prices yielded all along the line. The best of the day were made in the last hour, when buying in the copper stocks broadened out and became effective. Greene Can- ea, Anaconda, Kennecott, Chile, erro de Pa: d American Smelt- sng and Refinir 1 moved forward, most of them to new highs for the ar. At the same time General Motors rallied briksly, finally pushing h its old top of 270 to a new The close was strong. ellers had for an argument in brokers' loans, which, a by the Federal Reserve ¢ the close of business ves- broke all records. The_total sday night of was an increase of $4 week, and compared 000 in the corresponding week a year ! ago. Part of this increase is due to » amount of money it takes sent high st be the as announ Roard af! Against this it was urged no matter ¢ the total of loans the supply s more than ample, as the 31 per cent call rate testified. And if there was a good deal of profit-taking from holders of stock who hed purchased at lower pri it could readily be Iy other speculators who had a reaction to enter as no sharp break and the selling did not get far. There were numerous instances of stocks moving ngainst the trend, and among them the shares of the retail and mail order s were prominent. _Specialties h had not been active in recent ons were taken up and advanced easily. American Typefounders. which iad The lis were mearly ail weak, those | most affected including Marland, Phil- lips and Pan-American Pete B down a point or more. Third quarter state- ments are expected to prove unpleas-| Atchison pf (5). 103 ant for stockholders and the curtail- ment program in the Seminole Field has encountered new difficulties. The two old leaders, General Motors ANCIAL, Abrahm&Straus Abr&Stras 7% pt Adams Exp (6). Ahumada Lead. Air Reducn (18) 33k fubber. Albany Papr(2). Albny Pap pf (1) Allied Chem (6) Allis Chalm (6). Amal Leather. .. Amerada (2).... Am Agricul Chm Am Agri Ch pf.. Am Bank N (2). Am Bk Not f (3) Am Beet Sug | Am Bosch Am Br Sh (j1.60) Am B Shoe pf(7) Am Brown Bov. Am Brown Bo pf AmCan (2)..... Am Car&Fdy (63 Am Chicle (3).. Am Drug (80¢).. Am Encau (2.40) Am Express (6). Am & For Pow.. Am&Fo Po pf (1) Am Hide & Lea. Am Hide & L pf. Am Ho P (240). Am Homes rts. , American Ice. Am Internati(2) Am La France. . Am Linseed. . Am Linseed pf.. Am Locomot (8) Am Machine (2) Am Metals (3).. Am Plano (3)... Am Po & Lt (11) Am Radlator (5) Am Republic. . .. Am Ry Exp (6). Am SafetyR(33) Am Seating (14) Am Shipbldg (8) Am Smelting (8) AmS & Rpf(7). Am Stl Fdys (3). Am Sugar (5)... Am Sumatra. ... Am Tel & Tel (9) Am Tobacco (8). AmTobaccoB(8) Am Type Fo(8). Am W W (m80c) Am Woolen..... Am Woolen pf.. Am Zinc.. Am Zine pf. Anaconda (3)... Archer-Dan (3). Arch-Dan pt (7) Armouroflll(A) Armourof111(B) an S-point jump, is an illustration. | Armour Il pf(7) 65 Arnold Con&Co ‘Artloom (2 Asso Dry G (2133) AUT&SF (19%) Atl Gulf& W1 pf. Atl Refining (4). Abitib! Pow (5). THE EVENING STAR, WASHINGTON, NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. Open High 106% 106% 88 89N 1124 1124 163 163 1% 11% 34m B4% aw Aw 182% 186 8 8% 26 26 99 99% 166 168 117% 117% 14% 14% 29% Low 106 88 112% 162 107 34% 4 102% 102% 61% 62 13% 13% 44l 444w 156 169% 25 251 105% 10542 10% 10ty 62% 62% 5344 1% 274 b4ty 8 52% 80% 109% 109% 116% 116% 43% 45 35% 36% 654 65 145 147% 4T 49% 98 98 48% 48% 4419 44y 964 964 179% 180% 129% 129% 54 5dl 913 92% 60t 61 177 177% 153 153 162% 152% 135% 145% 57% 581 249 24% 60% 607 7 7 36% 37 47 49% 437 44 108 108 M 9% b b4 65 36% 46% 51 193% 103 195% 195% 35 35% 35% 35% 121 121 1094 116% 36 46 50% 193 and United States Steel, held surpris- | AtlasPowder(4). 64 64 ingly well considering the wild uprush Atlas Pow pf (6) 102% 102% of the past two days. Steel sold off a point or so. General Motors likewise s0ld only a point or two below the pre-| Balto & Oh pf (4) 79% teding close. Most of Rails Heavy. Most of the rails were heavy. striking exception was New York, On- lario & Western, which aggressively bought only a little over a point below the high for the year. The report was revived that the New York Central tvas negotiating for the poperty, con- Irol of which now lies with the New Haven. There were not quite as many %en- gational advances as earlier in the week. They were not entirely lack- g, however, and included Commercial Roller Bearing up over 5 as it crossed 129, and Calumet & Arizona up be- A | Barnsdalla BarnsdallB Baldwin L (7)... Balto & O (6)... Bang & Ar pf(7) Barnet Leather. %) 2%) Bayuk Cigars Beacon Oil. . Beech-Nut (13). Belding Bros (2) Best & Co (3)... Bethlehem Steel. Beth Stl pt (7).. Blumenthal pt.. Bon Ami Cl A (4) Booth Fisheries., Briggs Mfg Co.. BKkin-) ¥ Botvents up' 8 points to 200, Timken | Bl wo er &) Mn Tr (4). Bkiyn Un Gas(5) Brown Shoe (2). tween 3 and 4 and at a new high for | Brown Sh pt (7). the vear. Another feature was the strength in Montgomery Ward follow- Ing published predictions of extra divi- fiend disbursement. Markets at a Glance NEW YORK, (#).—Stocks, strong; New York, Ontario & Western touches #1%: best since 1911. Bonds steady; {"nion Pacific 43 duplicate year’s high. IForeign exchanges easy; Spanish pe- satas rise 7 points, Cotton lower; i yuidation. Coffee steady; importers buying. CHICAGO—Wheat firm; dry weather Bouthwest. Corn weak; Brunswick B (3) Brunswick Ter.. Buff R&P pt (6). Buff & Susq..... Burns Bro (10). . Burros Add (14). Bush Term (b8). Bush Terde (7). Bush Trm pt (7) Butte Cop (50c). Butte&Super (2) Butterick (g2) Byer & Co...u.us By-Products (2). . | Callf Packg (4).. Sugar easy; trade selling. | Calif Petm (1) Callahan Zinc. Calumet & Ar (i Calu & Hecla (2) favorable | Canada Dry (3).. ) rrop reports, Cattle irregular. Hogs | Can Pacific (10). steady. Wall Street Briefs Can Pacific rts. . Car CI&O sta (5). CaseThreshg(6) Cent Alloy (2) Cent Leath.. Century Rib M. .. NEW YORK, September 16 (P).—|Century R pt (7) fmproved domestic demand for copper | Cerro dePas (15) Is reported by all sellers, business |Certo Corpn t3% being done at 13% cents a pound in |Certain-Teed (4) larger amounts than in more than a|Chandlerpt(2%) month. All offerings for the metal at | Ches & Ohlo (10) 131 cents a pound have been with-|C & O Corpn (3)., drawn, and the market is firm at {a ey. Directors of South Porto Rico Sugar Co. are expected to consider a 10 per cent common stock meeting about October 5. Chi & Alton. 1 delivered in the Connecticut Val-| Chi& Alton pf. Chl Great West Chi Gt West p: Chi Mil & St P, CM&StPcfs.. lividend at their | Chy Mil & sg’snt Frank DIl-| C M&SP pf cfs. llng}mm, president, told stockholders Chi& Nwn (4)., ast June such a distribution in No- | Chi Pne Tool (6) vember was contemplated, and esti-| Chi Rock Is (5).. mated earnings for 1927 at 3.50 a share | CR 1 & P pt (6). on the common stock outstanding nfter the stock dividend. Sales of International Shoe Co. are yunning $7,700,000 ahead of last year. August shipments totaled $14,477,000, the best August the company has had. CRI&PDL(T). Chi Yellow C(4). Childs (12.40) Chile Co (234) Christl B (1.20). Chrysler Cor (3) ChryslerpfA(8). Adams Express Co. plans an issue | City Stores (B).. of 100,690 shares of 5 per cent cumula- | Cluett Peab (5). tive preferred stock, $100 par, which | Coca-Cola (5).., stockholders are asked to approve, to | Collins & Afk( be offered to common stockholders for | Collins&A pf (7) conversion in the ratio of one and Col Fuel & Iron. . seven-tenth shares of preferred for|Col& Southn (3) each share of common, The New York Cotton Exchange Col Gas & E1 (5), Com Cred (1).... Com Crpt (1%). membership of Lothrop M. Weld has| Com Cred pf 6%. been sold for $32,500 to Leopold S. Bache for another. Two previous sales in August were at $31,500 each. Subscription books on the public offering of 30,000 shares of capital stock of the International Germanic Trust Co., a new trust company, have been closed. Subscriptions were re- ceived for about 200,000 shares from 1,300 persons, exclusive of European epplications, books for which will re- yaain open until Saturday. The com- mittes has recommended as additional directors James A. Beha, New York Btate superintendent of insurance; Robert F. Herrick, jr., director of the American Trust Boston, and W. . Von Marx, Berlin, Harold G. Aron is chairman of the organization com- mittee, George H. Townsend, president of Motometer, Inc., says the current quarter has slowed up somewhat compared with the two previous quar- ters because of a general slowing down in the automobile {industry. Nevertheless the company will show the proportionate dividend earned for the first three-quarters of the year on the A stock. Prospects are for improved automotive accessory busi- mess in the final quarter, he said. August sales of Piggly Wiggly, Western States, rose to $1,086,038 grom $605,126 in August last year, and for the eight months of 1927 to $8,- 900,370 from $4,806,205, a gain of 81 5 cent over the same period of Com Inv (3.60).. Com Solvents(8) Com Powr (2% ). Congoleum-Nalr. Cong Cgrs(t4%) Con Cigars (7).. Con Cigars pf (7) Consol Distribut. Consol Gas (5).. ConsolGas pf(5) ConRRCuba pt 6 Consol Textlle. . Cont Bakg A (4). Cont Baking B.. Cont Bak pf (8). Cont Can (5).... Cont Insur (6).. Cont Mont (80c). Corn Prod (13) Coty Ing (5).... CrucibleSteel (6) Cuba Cane Sugar Cuba Cane Su pt. Cuba Company.. Cuban Am 8 (1). Cuban Dom Sug. CGudahy Pkg (4). Cushmann pt (8) Cuyamel Fruit.. Davison Chem. . Deere&Co pf (7). Del & Hud (9).. Del L& W (17). DRG Wstpf Detroit Ed (8).. Devoe & R(2.40) Diamd Mtch(8). Dodge Bros Cl1 A. Dodge pf (7).... Dome Mines (1). Dul 8 S & At pt. Wreeport Texas Co. declared an extra dlvidend of 60 cents a share @nd_the regular quarterly dividend ’ §1. both pavable November 3 to stock of record October 15. - Dunhill Int (4).. Dupont (+9%) Du Pont deb(6). Duquesne pt (1) Zastman (18)... 102% 256 120% 9% 108% 55 22% 22% 4% 15 260 260 121% 121% T9% 108% 108% 56 117% 117% % 9 52% 8% 80 667 104 270 272% 28% 28% 1% 17% 13% 13% 80 66 75 49% 50 21% 21% 194 194% 8 3% 8 8 13% 14% 15% 16% | 34 35% 18% 18% 1% 1T% 33 33% 33% 33w 95% 95% 129% 129% 108% 108% 102% 102% 109 109 40% 40% 127% 127% 95 95% 19% 19% 22% 23 84 84 45% 45% 193% 203 192% 199 659% 60 59% 59% 23% 23% 23 23% 66% 67 66% 66% % T % 118 120% 117% 99% 99% 99% 68 68 68 4% 4% 4% 49% 49% 49 5% 6 5% 94% 94% 94% 74 4% 3% 205% 205Y 206% 205% 10% 10% 10% 10% 56% 4T 4T% 4T% 35% 385% 385% 116% 116% 116% 207 208 207 2 133 133% 133 17% 69% 8% 6% 556 340% 115 118 69% 69% 69 8% 8% 84 e 6. 6u 53% 56% 53Y 333 340% 330 18 115 116 118 170 171 169 | Jones & Lau (7). Low 28% 124 9614 9 19 18% 19 Elec Power & Lt 27 27 261 26% P&LDE40% (7) 116% 116% 116% 116% lec PRLLDE (7) 104% 104% 104% 104% lec Refrigeratn 13% 13% 13% 13% lec Refrigrts. Stge Bat (16) 69 im-Brantgm(A) 5 End John (5)... ndicott pr(7). . gineers Pub 8 105% 1 85y 60% 60'% 33% 70% 42 99 146 1214 29 18% 96 b f1 Open High, 28% 29 124 12% 98 Cle 28% 12% 98 %) Bureka Va f141 Fed Lt (h2.40).. Fed L&T pf (6). Fid Phoenix(4). Fifth Ave (61c). First NatS(113) Fisk Rubber Fisk 1st pf (7).. Flsk 1st pf ev(7) Fleischmann (3) Foundation (5). fox Film A (4). Teept-Tex t4% . Gabriel Sn (314) Gardner Motor. . Sen Am Tnk(4). 1% 99 145 12% 29 17 94 00 61% 55% 66 80 99 146 12% T 94 100 61% 56 6614 81% 4 96 101% 61% 55% 661 80% 431 8 57 73% 67 139% 139% 1% 11% 1% 40% 40% 40% 108% 108% 108% 108Y% 1 2 . 43 46 43 46 GenMotors(t GenMotors(w.i.) Gen Mot pt (7)., Gen Outdr Ad(2) Gen Ry S! 8% 67 141 gars (4).. Gen Elee (15).. GenElec sp(60c) 133% 137 124% 125 51% 51% 51% 146% 146'% 145 3% 3% 3% % 145 3% Gen Refrac (3). Gimbel Bros Gold Dust. Goodrich Ru Goodrich pf Goodyear T Gothm S H ( Gotham new Gotham H pf (7) 784% 107 107 7T 115% 115% 115% 115% 36% 374 364 36% 102% 102% 101% 102% 100% 100% 100% 100% 26 28 263 274 427% 43 424 42% 122 122 121% 121% 5l T2% 65 T2 8% 8% % 69 68 110 110 59% 59 23% 23 7 79 9 359% 360 359% 360 33% 3314 33% 83 36 36% 357 3 60 60 148 1. 38% 553 84y 18% 136 136 20% 21 Grt North pf (5) Gt Nor pf cfs(5) Grt Nor O (1%). Grt Wes S(2.80) Gt West S pf (7) Green Canan namo GuM&N pt (6). Hanna 1st p?.... Hrtn B b10%stk. HavEl Ry pf(6). HockingVal(10) Hoe&CoA..... Hollander & Son Houshld P (313) Houston Ol. . Howe Sound (4). Hud Man (23).. Hudson Mot (5). Hupp Mot(1.40). Tlinots Cen (7). Indep Oil (1). Indian Mot (1%) Indian Refining. Indian Refg ctfs Inland St (23).. Inland Stlpf (7). Inspiration..... InterboroRapTr Intcont] Rub(1). Int Agricul prior Int Bus Ma (4).. Int Cement (4).. Int Cement p?(7) Int Com Eng (2) Int Combus rts. . Int Harv (J6). IntMtch pf(3.20) Int Mer Mar p. Int Nickel (2). .. Intl Paper (2.40) Int Paper pf (7). Int Silver....... Int Tel & Tel (6) Int Tel & Tel rts. Intertype(t13%). Jewel Tea, Jones Bro: 110 591 23 i 8414 84% 185 18% 135% 135% 20% 21 2% 2T 2T 274 I 1% 10% 10% 10% 104 10% 10% 52 52 52, B2 17 17 ‘147 19% 181 19% 34% 84 34 12% 1216 121 124 50% 504 50% 501 93% 96% 92% 92y 5% 56% 56% 56% 109% 110 109% 101 49% 49% 49 49 W ked % Y 234% 234% 231% 282% 80 80 78 19 38% 381 38% 38% 6814 684 66% 674 54% 5% 534 53i 103% 103% 10315 103% 171 184% 171 184 154% 164% 152% 164% 6% 6% 6% 6% 34 34 34 34 66% 66% 66% 661 23% 24 28 24 121 121 121 18% 19% 18% 19% 64% 65 64% 644 61 62% 61 62% 27% 28% 27% 28% 84 87 84 87 85% 87 85% 87 W% TT% T5% T6% % % % 79% 78 9% bdl% b54% b54% ba% T4% Tan T4 74 - 115% 116% 115% 115% 100 100 100 100 110% 110% 110% 110% 230 230 230 230 31 31 31 31 7% 9% 7% T9% 18% 14% 13% 14% 108% 107 " 106% 106% 38 38 3T% 3% 20% 20% 20% 20% 125% 125% 125% 125% 124% 124% 124 124 64% 65% 64% 65 45% 4T% 45 46% 54% 55 54 bd% 6% 6% 6% 6% ii‘; -’;a% 52% bi% % g Louisfana Oil... 11% ll:/: :lfilm :l“lM LouisGasA(1.75) 26% 26% 26 26% Loufs & Nash(7) 153% 153% 153% 153%% Ludlum Steel(2) 25% 25% 25% 25% McCrory (1.60).. 80% 80% 80% 80% Jordan Motor. .. Kan City South.. Kayser J (4).... Kelly-Spring Kelly Tire 6% pf Kelly Tire 8% pf Kennecott C (5). Keystone T & R. Kinney pf (8)... Kraft Ch (1133). Kresge (1.20)... Kresge SS pf (8 KressSH (1).. Kupenhm p£(7). Laclede Gas (12) Lago O11 (3) Lambert Co (5). Lee Tire & Rub, LehighVal(33%). Lehn & Fink (3). Life Sav (1.60).. Lig & Myrs(f14) Lig&MyrsB (£4) Lima Loco (4).. Liq Carb (3.60). Loew's In (2) 169 § Norfolk Seuth. .. McCrory B (1.60) 84% 84% 8415 8414 McCrory pf (6).. 110% 110% 110% 110% Mack Truck (6) 106 106% 104% 104% Mack T 1st (7).. 109% 109% 109% 109% Mackay pt (4)... 72 72 72 72 Magma Cop (3).. 38% 40% 387% 39% Mallison & Co. 16% 16% 15% 15% Mallison pf (7. 79% T9% 76 Mandel (213) 43% 44% Man El Sup (5).. 54% 54% ManEImg (d5) 46% 47 ;unn Shirt (2)... 30 30 Maracaibo Ofl... 14% Market St prior. 5:’;4 é:a ;':% Marland Oil..... 35% 35% 34% 85% Mar-Rock(13%). 45 45 4% 44% Mathieson (4)... 116 117% 115 117% May DeptS (4).. 80 81k 80 80% Maytag (12%) 82% 32% 32w 324 4 4 4 Mexican Seab. .. 4 MiamiCop (1).. 15% 15% MidContinent(3) 32 32’% ;g& ;gt 2% 2% 2% 2% Middle States. .. 1% 2 1% 2 !':Hd States Oll ct Midland pf (112) 138 138y Miller Rub (2).. 26% 23\: 122 lgg‘é 3% 3% 3% 3y Minn & St Louis, Min St P& SSM. 44% 44% 44% 441 68 68 68 68 M St P&SSM pf. Mo Kan & Tex 45% 45% 45% 45% Missour! Pacific. 54% 55% 53% b5 Missour! Pac pf. 104% 104% 104 104% Montana Pow (5) 101% 101% 101% 101% MontgmryW(4). 78% 80% 78% 80 T Th Th % Moon Motor. . 2% 2% 2% 2% Mother L (50¢). Motor Met (3.60) 26% 264 26% 26% Motor Whi (2).. 264 26w 26% 264 64% 641 63 63 Mullins Body . Murray Corpn... 24 24% 23% 23% 1% 91% 90% Nash Mot (t132) Nat Bellas Hess. 3414 34% 34 85% 86% B85% NatBHess pf(7). & Nat Biscuit t535. 143 147% 1427% 146 at Cash R (A)3 46% 48 46% 4T% atl Dairy (3).., 61 61 60 60% Nat Distillers... 43% 44% 424 58 58 58 Nat Distillers pt 26% % 26% at Enamel & S. 126 128% 126 128% 111% 111% 111% 111% 24% 24% 24 24 D 1% 1% 1% B4l R4% 844 844 255% 259% 255 256 172% 172% 171 172% 17 1% 168 17 461 4613 45% 46 165% 165% 1644 165% 6 6% 6% 6W 130 130% 130 130 107% 107% 107% 107% 6214 62% 6214 Nat Ry Mex 2d.. Nat Supply (4). NY AirBr (3).. N Y Cent (8). NY NH & Hart., NY NH&Har rts. NY Ont& W (1). NY State Rys. .. NY Steam pt (6) NY Stm pf A (T) Niag F pd (1%). 99% 99% 99y 110% 110% 110% 110% 2815 28l 28% 28% 58's 63% 53% b63% L 51% | Low. Close. 185% 185% 55% 55% Norf & W (8)... NorAm b10%stk North Am pf (3) NorAm Ed pf(7) orth Pac (5)... Nor Pac efs(5).. Northwn Tel (3) Norwalk Tire. .. 0il Well Sup | Oomnibus. . Opnim Col (4).. Orpheum Cir (2) Otis Elevator (6) Otis Stl prior(7). Outlet Co (4). | Owens Bot (Cf3) Pac Coast 1st. Pac Coast 2d pf.. Pacific Gas (2).. Pac Oil Stub Pac Tel & Te Packard (12.90). Palge Motor, Pan-Am (6).. Pan-Am B (6) Pan-Am West B. Panhandle. .. Panhandle pf, Parmt-Fam (j8) Paramt-F pf (8) Park & Tilford, . Park Utah (80c). Pathe Exchange. Pathe Ex A (4). | Patino (1.21 2-3) | Peerless Motor. ., Penick & Ford. . t(7T) PennDix Cmt(2) Penna RR (31) Pere Marq (18).. Pere Ma Peoples G Peoria & Bast. . . PhilaCo6 % pt(3) Phila& RCI... Phila&RC&I cfs. Philip Morris. .. Phillips Pet (3). P’hoenix Hoslery Phil-Jones pf(7) Pierce-Arrow. Pierce Oil....... Pillsbury (1.60). Pitts Coal,..... Pitts &W Va(6). PorRicoTobA (7) Porto Rico To B. ; Postum (6)..... | Pressed Stl Car. Prod & Refiners. Pub Serv NJ (2) Pub Serv pf (6). Pub 8 NJ pt (8). Pub SE&G p£(6) Pullman, Inc.... Punta Aleg Sug.. Pure Oil (12).... Purity BakA(3). Purity Bak B (2) PurityBak pf(7) Radlo Corpof A. Radio C pf (31) Reading (1§)... Reading 2d (2).. Real Silk Hos. Reid Ice Crm(23). | Rem-Rand $1,60. Rem-Rdlst (7).. Rep Ir & Stl (4). Reynolds Spngs. Rey Tobac B (5) Robt Rels & Co.. Rossla ns (6)... RoyalD(al.333%;) Safety Cable (4) St Jos Lead (13) St L & San F'18). St L&SanF pf(6) St L Southwest. St L Swn pt (5).. Savage Arms. Schulte (315). Seabd Air Line. . Seab Air L pf.... Sears-R (n23%).. : Seagrave (el.20). Seneca Coper.... Shattuck F G (2) Shell Un (1.40).. Shuber The (5. Simmons (2).... Simmons pt (7). Simms Pete. Sinclair Oil..... Sinclair pf (8).. Skelly OIl (2)... Sloss-Shef (6).. Snider Packg Co. Snider Pkg pf. .. SPorto R Sug(2) South Calif Ed. ., South Dairies A. Sou Dairies B. South Pac (6). Southern Ry (7). Spicer Mfg...... StdG&E (3%). Std Mill (5)..... StdOilCal (28 ). Std OILNJ t1%) Std OJINY(1.60). Std Plate Glass. . Std P1Glass pf. . Sterling Pro(16) Stewart-War (6) Strom Car (2)... Studebaker (5)., Studebak pf (7). Submarine Boat. Sun Ofl (11) Sun Oil pf (6 Superior Oil., Symington. . . Symington C1 A.. Telautogra (60¢) Tenn Copper (1) . Texas Corpn (3). Tex Gulf Sul (4) Tex & Pacific.... Tex PC&O(60c). ‘Tex Land Trst n | Thatcher Mfg. .. Thatchrpf(3.60) Third Avenue. .. ‘Thompson(3.60) . ‘Tidew Aso (60c). Tide W Ofl pt (5) Timken (15) 1 ‘Tobac Prod (7).. Transcont Oll... Transue & Wil Underwood (4).. Un Bag &Paper. Union Carb (6).. Unlon Oil (1232) Unlon Pac (10). . Un Pacific pf(4). Unfon Tank (5). UtdCgrSt(C80c) Utd Cgr St pf(6) United Drug (9) Utd Dyew pf (7) Utd Frult(15%). USCIP&F (10) USCIPpf (7). U 8 Distributing U S Distr p£(7).. U S Hoffman (4) U S Alcohol (5). US Leather w 1. US Leather A... US Leat prpf(7) U S Realty (4).. U S Rubber. U S Rub 1st (8). USSmelt (314). U S Steel (T)... U S Steel pf (7). Unl Plc 1st pt(8) Uni Pipe (12%). UtI P&Lt A (e2). Vanadtum (3) Van Raalte.. . Vick Chem (4) Victor Tlk Mch. . Victor cv pf (6). Va-Caro Chem. . Va-Car Ch 6% pf Vivadou (3) Vulean Detin. Vulean Detin( Wabash. ... Waldorf (1%) Ward C1 A (8). Ward Baking B. Warner Plc A. Warner-Quin(2 Warren Bros (4) WarF&Pipe Cor. Weh&Heil pf(7). W Penn EI pf (7) | West P Popf(7). West Maryland. West Md 2d pf.. West Pacific.... West Pao pf (6). West Unlon (8). West Alr Br (8). Wsthse AlrB(m) Westinghse (4). Weston Electric. White Eagle (2). White Mot (4). . White Rock (2). White Sew M (4) 96 150% 107% 65% 54% 8% e 8t 120% 120% 134 134 21 197 D. €., FRIDAY, SEPTEMBER 16. THO NEW STOS OND.C.EXCHANGE Columbia Sand and Sanitary Grocery Listed—Bank Shares Still Rising. BY EDWARD C. STONE. Two new listings on the Washing- ton Stock Exchange were voted by the board of governors at today's ses-| sion. The fastgrowing array of im- portant local issues now includes the preferred stock of the Columbia Sand & Gravel Co. and the preferred shares of the Sanitary Grocery Co. The board of governors placed on the board 10,460 shares of the sand and gravel company’s 7 per cent pre- rred, par value $100. The concern also has an issue of common stock, but this was not included in the ap- plication for listing. The company was organized in 1907, has a large plant in Georgetown and valuable proper- ties at various points on the Potomac River. The officers are Clyde B. Asher, president; L. L. Reeves, vice president and general manager; G. L. Bonnet, secretary and treasurer. The direct- ors include these officers, together with Charles C. Glover, C. T. Kingsbury, George O. Walson, Charles J. Bell, Robert V. Fleming, A. C. Moses, L. S. Ulman'and R. J. Whiteford. 26,500 Shares of Grocery Stock. The Sanitary Grocery Co, listing n- cluded 26,500 shares of 6% per cent cumulative preferred, par value $100. The stock is selling over the counter in New York around 102, while the common is_selling on the New York Curh at 235. The officers are Edward G. Yonker, president and treasurer: Harry Hos. | kinson, vice president and assistant secretary: G. M. Meyer of New York, vice president; Howard R. Gerhard, secretary; A. L. Thomas of New York, assistant secrétary, and James E. Anderson, assistant treasurer. In addition to Messrs Yonker, Hos- kinson and Gerhard, the directorate includes E. C. Lynch_and D. M. Bomeisler, both of New York City. It will be recalled that only recently this company took over 49 Piggly Wigsly stores in this territory. Local Bank Stocks Still Soaring. Trading on the local exchange wound up the week today with bank stocks still climbing. The buying wave included a 15-share turnover in Continental Trust at 130, one-half point higher than it had previously reached. Merchants’ Bank & Trust was strong, with 55 shares selling at 156, while National Savings & Trust led the bank stocks in trading volume on a 40- share turnover. The stock opened at 510, jumped to 515 to 520 and closed at 521, a new high mark. After call District National came out at 245%, advanced to 247 and closed at 249, one point under the year's top. Trading was light in other stock issues. Bonds held firm. firm, Crissinger Surprises “Street.” ‘Washington’s financial district was much surprised over the resignation of Daniel R. Crissinger as governor of the Federal Reserve Board to be- come associated with the executive committee of the F. H. Smith Co. His intimates had known for some time that he had such a move in mind, Lut no information of the kind had reached the general public. As fov- ernor of the Federal Reserve Board Mr. Crissinger had come in personal contact with many local bankers, has addressed the bankers’' conventions and been a guest of honor on many occasions. The action of President Ezra Gould of the Washington Mechanics’ Sav- ings Bank and Representative Fred- erick N. Zihlman in becoming direc- tors in the same real estate mortgage firm also aroused much interest in local financial circles today. Local Banks Vote Dividends. The directors of the Commercial National Bank have declared the reg- ular quarterly dividend of 133 per cent and an extra of 3 per cent, both being payable on October 1. Books close on September 22. The Ualon Trust Co. directors have voted the usual quarterly dividend of 2 per cent, payable on October 15 to stockholders of record September 30. The recently declared 2 per cent quarterly dividend of the District Na- tion®l Rank is payable September 30, the books closing on September z3. Oscar Coolican, head of the Wash- ington office of G. M. P. Murphy & Co., has returned from a two-week vacation, which he passed at the home of his wife's relatives, near Montreal. Mr. Coolican turned his attention at once to the brokerage firm’s plans to expand its business in this city in the ncar_future. G. M. P. Murphy of New York, president of the con- cern, was in Washington today for a long conference. It is the company’s intention to branch out and maintain two offices. One will remain in the heart of the financial district and the other in the vicinity of Seventeenth street and Connecticut avenue. Definite an- | nouncement regarding locations will be made soon. Bank Reports Excellent Year. The stockholders of the Woodridge- Langdon Savings & Commercial Bank have just elected these directors for the ensuing year: H. P. Baldwin, J. P. Benfer, R. John Boehs, M. O. Bull, R. S. Campbell, C. M. Chaney, C. Fen- ton Colling, A. E. Cowles, W. J. Dow, C. U. Edwards, Ora E. Haines, J. H. Harwood, A. S. Henderson, J. B. Hig- don, J. L. Knopp, F. A. Linger, T. S. Mallon, Eppa L. Norris, W. S. Plager, W. B. Putnam, John B. Rubino, S. S. Symonds and Kenneth Vieth. The president reported at the an- nual meeting steady growth during the past 12 months. President Silent on Board’s Action. President Coolidge has no special in- formation concerning_the action ot the Federal Reserve Board in initiat- ing a 3% per cent discount for Chi- cago. 1t is stated at the White House that the board functions entirely apart from the Executive, its operations be- ing almost judicial in nature. The controversy over the Chicago incident | is ono that must revolve around in- terpretation of the Federal Reserve act. President Joseph Schiavone of the International Exchange Bank h been entertaining Mayor Fred W. Donnelly of Trenton, leading citize White Sew Mach Wickwire cft. . . Willys-Overland Willys Od pf (7) Wilson & Co. Wilson Co pf A. Woolworth (5). Worthn Pump. Worth Pump (B) Wright Aero (1) Wrigley (13%).. Yellow Truck... Yel Tr&Co pf (7) 94% YungstnS&T(5). 87'4 Hourly Sales on N. Y. Market. + 1,596,800 2 p.m... 1,917,000 Dividend rates #e given In the ahove tanle are the annual cash p: 8 rased on the o4t guarterly or hal ly_declarations othervisa noted, extrs or special divi s are not included. Unit of trading iezs than 100 1 Part'y extrs. 3§ P 56% 56% o . 22 . 189% 4 43 55 57 344 ke P shares. tock, Mtk e R Al My steek. aPald this year—no regular rate. b Ten per cens in common stock. pavable e Plus 5% in stock. d Pay- cash or us 2% i ered stock. o,k Pay n_Cinss A 3 n Pactly stock, 1 Plus ong half o ol 5 ":']“én 2o s 1927. Money Available for FIRST DEED OF TRUST LOANS 67 Reasonable Comm Prompt Replies to Applications JAMES F. SHEA 643 Louisiana Ave. N.W. BOND SALESMAN Financial house has opening in its bond department for ex- perienced bond salesman to sell high-grade bonds. To the man with proper ability, training and with a clientele, we offer an at- tractive proposition. Replies confidential. Address BOX 377-V Star Office MONEY TO LOAN —on improved D. C. property at prevailing rates of interest. See Mr. Field Hedges & Middleton, Inc. Realtors 1412 Eye St. N.W. Franklin 9503 Money to Loan red by first deed of trust on real estate Prevailing _Interest and coi Joseph 1. Weller ‘fi‘.’d‘,‘_,‘?,?;:ii.fiu.r:";}_‘,l,' OFFICES FOR RENT . SAUL BUILDING 925 15th St. N.W. A few desirable offices available In this_modern office building. situated in the heart of the financial and real estate distriet. ~ Convenient to Government De- partments and all-day varking. The lo-. cation and type of building malke it espe- cially desirable to— LAWYERS BUILDERS ACCOUNTANTS INSURANCE BROKERS All Outside_Rooms. Assuring Ample Light and Air Rents. $30 per month for private room and reception room: also larger suites available. B. F. SAUL CO. Main 2100, 925 15th St. N.W. WE FINANCE —all classes ot income-producing oroperty Large Loans a Specialty Current (nt rate and commission Higbie & Richardson, Inc. 816 15th St. N.W. Insurance Co. oans Commonwealth Investment Co. 017 15tk St. N.W Phone Main' 2623 Continental Trust Co. 14th and H Streets Capital $1,000,000.00 Checking Accounts Savings Accounts Time Deposits Foreign Exchanges Commercial Credits Travelers’ Credits Travelers’ Cheques Acceptance Credits Collections Real Estate Loans Collateral Loans Investment Securi Corporate Trusts Individual Trusts Administrator, Executor Safe Deposit Boxes Continental Trust Co. 14th and H Streets WADE H. COOPER. Capital $1,000,000.00 President % DIFFERENCE o f even 1% in interest rate when calculated over a period of years makes an amazingly big differ- ence in dollars and cents, to say nothing of addi- tional income through investment in tax-free se- curities. For larger returns on your investments, come in and talk with one of our officers. C. E. Moran & Company Investment Bankers, Southern Building Main 3628-29. B. Moran & Co., i & R R AT ente. Name Address C. | | Loan Correspondent Mutoal Benefit Life FINANCTAL" | | | Bonds for Anything Consult Experts Geo. H. Price Co., Inc. Deland, Pres. F. H. 815 15th St. Main 4793 Mortgage Money Loaned at Low Interest Rates Feonomie Conditions Tyler & Rutherford Buck & Company BROKERS Established 1916 Stocks Bonds Grain Cotton Write or call for weekly mor. et leiter No Obligziions BUCK AND COMPANY Evans Bldg. 1120 New York Ave. Franklin 7300 1520 K Street ~ Main 475 A Third of a Century's Experience Efficient Property Managemenii— —is the owner’s only assurance of regularly satisfactory income from his property inv ments. Lack of such management invites di satisfaction at every point. Under our care, tested and approved through over a Third- of-a-Century, your prop- erty will return maxi- mum income. B..F. SAUL CO. Main 2100 925 15th St. N.W. st- SE e a0 i 0= FAMILIAR PHRASE “As good as a FIRST MORTGAGE NOTE" How much that implies— SAFE—Secured by Improved Real Estate. DEPENDABLE—Real Estate in Wash- ton is doubly sound, since it is located in the Capital City of the United States of America. REMUNERA ITVE—Never in the history of our Investment Business has any client of ours ever lost a penny in either principal or interest. SHANNON-8; LUCHS 1435 K STREET N.W 'MSPHERSON SQUARE, NORTH THAT ASSURANCE of knowing you possess the finest—when you drive a new Stearns-Knight Stearns-Knight America’s Most Luxurious Motor Car STERRETT: & FLEMING, Inc. Showrovins (CONNI TI"ICIJ'I’( AT 8 . Service Station CHAMPLAIN ST. AT KALORAMA ROAD Diversification Liquidity of Assets Skilled Management Bankstocks Corporation of Maryland Cumulative Convertible 612% Preferred Stock AN Investment Trust holding capital stocks of the more prominent banks, trust, casualty and insur- ance companies of the United States. The Company has earned in excess of Six Times its dividend requirements on all outstanding Preferred Stock. ' We réecommend this issue at $58 per Unit and accrued dividend. Harris-Mooney & Compar INVESTMENT BANKERS Southern Building H. Géorge Thyson Resident Manager BALTIMORE NEW YORK Harris-Mooney & Co., Southern Bldg., Washington, D. C. ‘Without any obligation on my part serid descriptive matter. Name [ Address . Main 10432 o= - = o——n]|e—n| 0| |0 | |0 | ] ~