Evening Star Newspaper, October 6, 1927, Page 15

FINANCIAL - SOME BONDS SAG ON PROFIT-TAKING Others Continue Speculative Rail Issues Are ' Bought in Today’s Session. BY CHARLES F #oecial Dispatch to The Star. NEW YORK. October 6.—The force of the buying movement in bonds has been so great this week that prices have been advanced day by day to new hish levels, with an averas domestic issues of nearly since the middle of Septembe urally, thersfore, there is some dis- position to take profits on semi-spec- ulative bonds. This was reflected in more regular market today with ctional declines in issues that have ently been popular. However, ‘there were others which continued their gains, so the general the list was not much changed tructive efforts being made in the local traction situation have changed the market aspect of all the members of this group. At their hizh- st prices today, the Interborough onds were 5 points average above the low of the year. New York Tractions Up. _Even the Brooklyn-Manhattan Tran- #it 6s showed strensth and at one time EARE. Gains. | iy rage of | prazii s L. | Bremen, State. Received by Private Wice UNITED STATES, (Sales are in $1.000.) Salos Yigh, Low a4 10116 10115 101 L1035 1035 103 a4 100 100 6 3 100 25 100 25 O% 108 07 103 25 101 19 10119 A 114 FOREIGN. Sales. High. Low. Argentine S 8 0l 905 Argentine fxJu i, 4 991, 99% Argentine 63 0ct59 4 99% 991 Argentine 6< A, 1001 ArgentinafsR... Australia 5% 1955 Australia bs 1 Austria 7s.. 3 Rank of Chile 14 Relcium 68 m s 11 91l 991 99 1001 e Belclum 7% Relzium 8. Rolivia 8s. . Bordeaux s Prazil RYs, Brazil 7s 1075 103 102 108 102 101 & 10914 109' 9% 100% 102 106 2 108 10%% 102 106 102 101 109% Canada 58 1931. Canada 5s 19 Canada 5% 192 Chile 75 1943, Chile 851941, Chile 851946 Con Pow Japan Conenhagen 5%s. Cuba 51s.... Czecho 7% s rets. were a full point higher, as were Man- hattan Elevated 4s. Market Street Railway of San Francisco 7s were un- usually active up to above 101, the best of the year. The inability to eobtain railroad bonds of higher rating that yiell | even 43 per cent is forcing buvers | into bonds of a cheaper quality Such non-lezal 5 per cent issues : those of the Southern Railway and | Texas Pacific *are now selling to; yield around 41; per cent. Today Missouri-Kansas-Texas_prior licn s0ld up to 195. One of the few re- maining first mortgage 5 per cent rails under par is that of the West- | ern Pacific, which was quoted around 9315, The General and Development 4s of the Southern Railway, which are the last mortgage on the line, have recently gone above 90 and are | now selling on about a 41 per cent | basis. The 6s of this same mortgage yield better than 4.80, as do the 6’:s. The recovery of the issues of ‘he Minneapolis, 8t. Paul & Sault Ste. Mari~ the crop conditions turned | in the Northw averaged over points. The consolidated of this road. which are guaranteed as to in terest by the Canadian Paclfic, have lagged for a long time, but in the past day have been bid up above 99. Best Rails Climb. After a turnover of mnearly $5.000,- 909 this week in_the.ltalian group there were some signs of reaction to- day, although early in the session the Rome and Milan 6!3s established new high prices. There are no signs of early financ- ing, either by the Government or its municipalities. Negotiations have been going on for some time with sev- eral important city governments. Ar- wentine 6s were firmer and there werc slight gains in a wide list of Euro- pon and South American dollar nds. In the very high-grade railroad group. the best prices of the r were quoted on Union Pacific_4s, Canadian Pacific 4s, Atchison 4s, Northern Pa- cific 3s, the Canadian National 4lge. showing a further recovery. United States Government 3%s advanced . New Bond Issues NEW YORK, October 6 (Special).— Guaranty Co. of New York, Alex Brown & Sons, and Brown Bros. & Co., offer today an issue of $5,000,000 American Cynamid Co. 15-year sink- ing fund 5 per cent gold debentures, maturing October 1, 1942. The bonds are offered at 94 to yield about 560 per cent. Blidden Morris & Co., Edmon Sey- mour & Co., Inc., and Faxon, Gade & Co., Inc. are offering at 98 to yield over 6.75 per cent a new issue of $1.- 000,000 Peoples Gas & Fuel C Ine., first mortgage 614 per cent sink- ing fund gold bonds, series “A”. due October 1, 1937, with stock purchase warrants. It was announced the issue bad been sold and the books closed. An issne of $3,200,000 new Jefferson Fotel Co. (St. Louis), first closed mortgage 6 per-cent serial gold bonds, due semi-annually April 1, 1930, to October 1, 1942, is being offered at prices to yleld 5.50 per cent to 6 per cent by the Continental & Com- mercial Co. and First National Co. of 8t. Louis. Baltimore Markets. BALTIMORE, October 6 (Special).— White potatoes, bushel, 1.00a1.25; bar- rel, 1.50a3.25; sweet potatoes. barrel, 1.50a2.40; yams, barrel, 1.50a2.00; beans, bushel, 65a1.10; beets, 100, 3.00a 4.00; cabbage, 100, 2.00a4.00; caulifiow- er, crate, 1.25a2 r 4.00; celer: dozen, 20a35; cucumbers, bushel, 1. 35a40; kale, bus ; lettuce, crate, 2. 2ima beans, basket, 65a1.00; onions, 100 pounds, 1.00a1.75; peppers, bz , 25a 40; parsnips, bas Savoy cab- bage, bushel, 40a50: spinach, bushel. 30a50; tomatoes, basket, 25a50; packing stock, bushel, Apples, basket, 2 §.50; cantaloupes, grapes, common, hasket, 5 sons, bushel, 2.50a2.75; peaches, bushel 1.00a2.50; pears, bushel, 1.25a3.00. Hay ‘and Grain Prices. Wheat—No. 2 red Winter, export No. 3 red Winter, export, 1.36 red Winter, garlicky, export, .36; No. 2 red Winter, garlicky, ex- port, 1.33 Corn. 2 yellow, domestic, 1.12; cob corn, old, 5.50 per barrel, nominal. Oats—No. 2 white. ‘new, 5813a59; No. 3 white, new, a 0ld oats selling 2 and 215 bushel over new oats. Rye—! Hay—Receipts, 12 tons. New hay $ arriving in only limited quantity and in somewhat irregular condition It is, therefore, not heing officially graded and sells strictly on its mer within range of 15.00 timoth pound hens ers, poor, nea fowl, each, 403 Eggs—Receipts, 1, s native and rrent receipts in free o strictly fresh, dozen, small a 20428, gui- Butter—Good to fancy creamery, pound, 45a50; prints, 2 blo 49a51; ladles, 36a38; rolls, 32a35; store packed, 32a33; dairy prints, 3 process butter, 40a4l. Two Kinds Enough. From the Outlook. A doctor was finishing his rounds of the links when his sinall negro eaddie remarked: “Doctor, ain't you got some shoes up yonder in yo' Jocker you don't want? I needs some bad.” “Perhaps,” said the doctor. “What gize do you wear?” | French | Mitan 61 Czecho 83 1051. Czechn 8252, ..... Danish Munic 8s B Denmark 6s...... ol Dutch Fast ] 6s 47, Dutch East ] s £2. Framerican 713s. French 108 SN 105 10615 | 1145 i 111 9% 107% 101 95 100% 1027 9914 9615 917 101% 100 99% French 8: e German Bi T 6%s., German German Agr Greek7s.. Hait! s . Hungary T%s Ttaly 7s.. italy Pub 7s. Japanese 4s. Japanese 6% Lyon 68 Marsellle 6s. Mexico 43 04 asntd. Mexieo 43 10 asntd. Montevideo 7s. ... Netherlands 63 54. Nord §48. .. Norway 5148..... Norway 651943, Norway 63 1944,.. Norway 65 1952... Ortent Dev deb fs Paris-Ly-Med fs.. 10014 1015 {Centof Ga5lzs. THE EVENING STAR. WASHINGTON, D. C. THURSDAY. OCTOBER 6. 1927. [ v BONDS o] Direct to The Star Offica. Sales. High. Low. 6 98% 81 2:55. 98% 871 991 107 1024 9413 104t 100"« 101% Can Nat 41,8 54... Canad Pac deb 4s.. Can Pac 4%s 46. 102% 9415 1044 100'% 101 1011 637n Centof Ga Central Pacific Cent Pac 1st 58 90 Chesa Corp 58 wi. Ches& Ocv 4%s. Ches & O £n 4143... Chi & Alton 3%s Chi B & Q gen 4s 5 CB&Q4%sT7B.. ChiB&Q 1strf 5s. CB&Q-13% CB&Q-llldi4s. .. Chi & ETilgn 5551 22 Chi Gt W 48 59.... 10 C M&StP4s25cfs. ! CM&StP deb 4scfs 8 CM&StPgndlys. 2 CM&SPcvalssiefs 19 CM&StPrf4tis. CM&SP rf 418 cf. lchestpevss CM&SPev 5scfs 14 45 CM&StT6s. 5 Chi & NW gn 3 Chi & NW gen 4s. Chi NW 4158 2037 Chi RyS58......00 ChiR1&Pgnds.. ChiRI&Prf Chi TH&SEbs. Chi T H Inc 65 60. . Chi Union Sta 5s 44 Chi & W Ind cn 4s. C&WIb51%862, CCC&StLS5s..... CCC&StLrfésA. Clev Term 58 C&Sistas?2 Colo & Sou 4% Cuba R R §s... Del & Hud 1st rf 48 D & Rio G imp 5s... D Rio G West 53 Erie 1st cons 4 rie gen 4s.... Lrieconv 4s A rie conv 4s B. rie cvt 55 67 wi rie con ext 78.... & (Pa) cit tr 4s. Fla EC5s 74 5 Gr Trunk stdb 6s.. Grand Trunk Gt Nor 41,8 76 2 Great North 6%s.. 7 Gr Norgen7s..... 17 Hud & Man ref 5s.. 39 Hud & Manaj 5s... 10 111 Cent 4s 53 5 Il Cent 4% 566.... 9 Int Rapid Tran §s..184 Int Rap Tr 5s stpd. 150 Int Rapid Tran 6s.. 75 Int Rap Tran7s... 69 Int & G Nor ad 6s.. Kan City Ft S 4s,, Kansas City S §s. Kan City Term 4s. Lake Shore 4s 28 Lake Shore ¢s 31 Long Is rf 4s 49 L &N 41552003 Louis & Nash 51s. 105% 10474 102% 1 105 8 991, 994, 9™ 953 100 W 85 8TH 8119 8% 87 964 107 5 1011 9 941 1 108 1084 a 1147k 9914 1118 1147% 101% 3 92% Paris-T.y-Med 7s.. Peru7%s.... Poland s 40.. Poland 8§s Prague T4s.... Rio de Tan 8s 47 Rio Gr Do Sul 85, Roma 6%s........195 Sao Paulo City Rs., 1 Sao Paulo 85 1936.. 2 Sao Paulo 1950 3 Saxon (PW) 7s. 1 Seine 78 42. . 19 Serbs Crot Slo 8s.. 10 Solssons 6s Sweden fis. Swiss 5145 19 Swiss Confed Rs Toho Elec Pow 7s. Tokl0 58..0u.n Utd Kingm §1,s37 17 Utd Steam Corp6s. 1 9513 95% Yokohama 8s... 70 96 94% MISCELLANEOUS. Am AgriChem 7%s 16 104 1037 Am Cotton Oil 5s.. 16 100 100 Am Smit & R 1st 58 13 102% 102% Am Sugarref 6s... 5 1047 104% AmT&Tcltr . B 997 99% AmT & TeltrSs.. 12 1047 104% AmMT&Tsfbs.... 55 105% 1054 AmT & Tdeb5%s, 6 109 108% Am Water Wksbs. 3 100% 100 Am WritingPap6s 16 94% 9 Anaconda 1st 6s... 70 Anaconda evdb 7s. 33 Armour&Co 4839 5 Armour Del 5%s... 9 Associated Oil 6s., 1 Barnsdall 6s 1940, Bell Tel Pa 5s B Bell Tel PassC. Beth Steel p m 5 Beth Steel rf 5s.... Beth Steel 5148 53. Beth Steel 6s. Bklyn Ed gen §s. Central Leather 6 Chile Copper 5s. . Con Coal Md 1st & ConGasN Y 5% Consumers Pow 55. Cuba Cane cv 8s Cuban Am Sug 8s. Denver G Dodge 65. Donner Steel 7. Fisk Rubber 8s. Goodrich 6%s Goodyear 5s rets Goodyear 85 1941. . Hoe & Co 6% Humble Oil 5s. HumbleO & R5%8 Tllinois Bell 1st fs. Int Mer Marine 6s. Int Paper bs 47. Int Paper cv 6s. Inter Paper d 6 Int Tel&Teleg 4%s 51 Kan CP&LSs A 62, 6 105% Kan G & Fl 6s 52, 2 106% Lackawa S 5= 50 Laclede G 518 52 Louisv G & E 55 52. Manati Sug sf 7348 Midvale Steel s NYGELH&P 4s. NYGELH&PS N Y Tel 414S...... NYTel6s4l.... 2 North Am Edis5s. 38 Nor Ohio T & L 6s. 40 Nor States Pow fis. 4 Nor States Pow 6s. 1 Pac Gas & El is 12 PacT & T st s s Pac T & T 58 52. Pan-Amer Pete 68 Pan-Amer Pete 7s, Peoples Gas Phila Co5gs PhilaCorf6sA... Phila & RAC & 158 Public Service fs. . Reminzton Arms 6s Sinelair Ol 6%, Sinclair Oil 7s Sin Crude Oil 63, Sin Pipa Line 5s Skelly Ofl 534s. .., Southwest Bell 58. 4OIINJ5s 1 ¢ Pow 65, Toledo Edn 1st 7s. U S Rub Istrf 5. U S Rub 7%=, U S Steel «f 5s. . Utah Pow & Lt s Vertientes Sug 7s Warner Sug 7s 39 Westn Union 63%s. . Westinghouse 6s. Willys-Ov 61533, Wilson & Co 1st 6. 3 Winchester A T%s, Youngstn S&T 6s.. 15 105 RAILROAD. Ann Arbor 45 Atchison ad) 4 Atchison gen 4s. AtlanticCLcl 4s.. Atlantic C L 1st 4s. Atl & Dan 2d 4s 48, B & O Gold 4 1001 99% 51 10%% 105% 105% 106% 112% 106 106% 102 103% 106 106% 102 103% 101% 983 OR14 1041 1044 104' 104 113% 113% 9915 99y % TT% 1054 105 103% 101 100% 102 102 104% 105% 103 101% 106% 104% 101 101 10214 106% 5 103% 103% 105 1024 4 105% 103% 1033 1045 1007 107 97 1051 103% 107 10814 911 1047 109 101 100% 90 12 101% 3 103 5 101% 106% 106% 83% 93 97% 927 98 73% 98 73% 96'4 1004 100 105 100 105 105 108% w 112 |B&OI1stssct. 3 & Ot imp 68 | Seahoard A L 4s sts Man Ry 1st 90..... Market St 7s 40. MilEl Ry &L 5s 51 Mil El Ry & L 5s 61 MStP&SSMcn és MSt&SSMEs38gtd. MStP&SSM64%s M&StListrf s, MK&T4sB... MK & T ad) 5s. M K&T prin5sA.. MK&TésC.. . Mo Pacific gen 4s.. 178 Mo Pac 5SF 77.... 147 sau Bl 4s°51... 3 NOTex&M5sB.. N Y Cent 45 98, N YCentri5s. N Y Cent deb 6s. NYCentLScl3%s NYC &St Ldb4s.. NYChI&StL 632sA. NYChI&StL 5%sB. NYC&StL6sA.. NY Helt6s... NY NH&H cv db 63 Y Ont W 1stds.. N Y Rys 63 65 . NYRys6sA65. N Y State Ry 4% NY StateRy 6%s 62 N Y W & Bos 4%s. Nor & S gen 55 54.. Norfolk & W cn 4s, Nor Pac 3s 2047. Northern Pac 4s. Northern Pacr Ore Short L rfs 4 Pennsylgen 4% Pennsylania gen 5s Pennsyl 8%s. . Pennsyl gold 7s.... Pere Marq 1t 58... PCC&StLIsA.. PCC&StL s B 75.. Port RL & P58 42, Port RL P 6s 47. Reading gen 4%s.. Rio G West ¢l 4 Rio G W 1st 4 RIArk&L 4 St L IM&S 2n 55 31 StLIM&SR&G4S. L&SFopl4sA.. StL&SFprinbs. StL&SF5%sD.. St SFadj 6s. St S Finc6s. St SFplésC, StLS W 1st 4s t P& KCShL 4%s ab A Lref4s.... 115% 99% 103% 112 112 106% 105 111% 111 9645 'S - L& L& L& ° Seab A L adf5 Seab A I con 6s SB All Fla 6835, SouPac 4s29...... Sou Pacific clt 4s.. Sou Pacific ref ¢4s.. Sou Ry gen 4s. Sou Ry Con 5s 94 TexArk FS 5%s 50. Third Av ref 4s 60. Third Ave adj 68 Union Pac 1st 4s Union Pac 1st rf 4s Union Pac cv 6s. VaRy&P 5s Virginla Ry 1st West Maryland 4s. Western Paclfic 5s. West Shore 43 2361 Wis Cen gn 4s49.. o o4 o T T e R T R L 0 & 98Y; 96 101% 100% h 108% » 88% 991 907, 844 3= 3 10 14 14 3 5 1 84% 84% WOOL PRICES FIRM. BOSTON, October 6 (Special).— Raw wool sales have been checked by the tendency of dealers to hold for higher prices, but the tone of the market continues firm. Medium-grade domestics are in the best demand. Fine tervitory combing, clean basis, was quoted today at 1.01a1.15, French mbing at 1.05a1.08, half blood, 1.00 @1.05, threeeighths blood at 92295 and quarter blood 82285, Fleece wool, Ohio grade in the grease, wns quoted at 4515a46 for fine and 4ha 45 for half, three-eighths and quarter blood. e " BUYS MILK PLANT. NEW YORK, October 6 (#).—Kraft Cheese Co. has acquired the milk plant of Southern Dairfes, Inc, at Selma, Aia., and will convert it into a cheese manufacturing plant, GERMAN BONDS AND STOCKS. By Special Leased Wire to The Star. NEW YORK, October 6. (Quoted in dollars per million marks) Bid Asled. Hamburg 60.00 70.00 (Quoted Ger ¢ Ger Gen Flso Berlin 45 pre-w % Hamb 3x. 1w & 4 pro-war Amer Line ¢ ! . North German Lioyd 43gs. Krupp Bs 1921 Dusseldort nkfort a-M 4s pre- ¥ 9613 | Muni h 4« pre-war. (Quoted in do A E G (Gen Ge Elec) A B G (Ger G Elec Comm G Disconto Berlmer B&O6s. 1027 | B& O SW b8 | B & O Toledo 4 Bdy & TthAve “I dunno, sah, 'cause I ain’t never tbought none dat-er-way—I either kin @it in ‘em or I can't, 195 25 . 10 101 - 954 98 100% Bklyn Manhat 6s. Buff R & Pitt 434 Can Nat 4%43 30 100% Dresdner Bank Dentsche Bank Darmstasdter Baik Vienna . . Ger Ger | rise made further headway. “BULLS” CAUTIOUS INGURB DEALINGS Early Rise Followed by Slack- ening of Demand—Dan- ger Signal Seen. BY WILLIAM F. HEFFERNAN, | Dispatch to The Star. NEW YORK, October 6.—Through- out the first half session on the Curb Fxchange today operations for the Little at- tempt was made to fight the advance, although in the afternoon the desire to take on new commitments was not as urgent. Many believed that the market had definitely entered the dan- and they were reluctant to rranted. One incident that attracted atten- tion the action of Bancitaly Cor- poration shares. Heavy selling at the outset ied the price down more than twe points. Before offerings had heen absorbed the price recorded a loss of more than six points on the day. Support was encountered at the low level and the price rallied several points, Sp Warning by Official. The desire to liquidate was a di- rect response to the words of warn- ing of the executive vice president of the corporation. He characterized as unwarranted the recent speculation in the issue and called the attention of the investing public to the danger in- volved. He intimated that should the stock continne as closely held as at present, it is likely to be removed from trading by the Curb Market. e added that such action would have the approval of directors of the corpora- tion. Another spectacular upturn oc- curred in Johns Manville shares. They were bid up some two points further today on a heavy turnover. Having the support of the strongest banking interests in the State, it was not a difficult matter for the professional speculative element to bid the price up, especially in view of the fact that the stock thought to be closely held. A rise from the low of 55 to the cur- rent quotation of 121 in less than a vear has caused considerable comment amcng the more conservative ele- ment. See Rauk Speculation. Close students of market pyro- technics characterized the present operations in industrial favorites as the rankest sort of speculation, while those disposed to increase their hold- ings were equally emphatic that con- ditions affecting the movement of stock prices and developments pending and prospective within the companies themselves warranted higher prices. Stutz Motor was taken up and given a whirl. The oils were more active, but with the price tendency irregular and confined to narrow limits by com- parison with other industrials. Public utilities fluctuated uncertainly and the rails were less prominent on the side of rising prices. . CORN SCORES GAINS AS WHEAT DECLINES Predictions of $1 December Deliv- ery Have Bullish Effect on Coarse Grain in Chicago Today. By the Associated Press, CHICAGO, October strength in the corn market developed early today, whereas wheat tended lower. Buying of corn was largely based on predictions current in some quarters that December delivery of corn would soon be selling at $1 a bushel. Starting unchanged to % off, corn later scored gains all around. Wheat also started unchanged to % off and subsequently showed a general sag, with selling from the Northwest. Oats held steady. Provisions were h a statement today that ituation has been completely reversed in the last six weeks. He sald that under present conditions there is a big profit in feeding and that corn may also he employed profit- ably through industrial ~channels, whereas six weeks ago there was not 1t was also cited that December contracts are now based on delivery of number 2 corn and that lower grades are no longer deliverable. Large receipts of wheat northwest despite unfavorable weather had a bearish effect on the wheat market. Arrivals of wheat at Minneapolis and Duluth today were respectively 891 and 674 against a total of only 408 cars a year ago. Winnipeg ar- rivals today were also large, exceeding both last week's figures and those of a year ago. the corn CHICAGO LIVE STOCK MARKET CHICAGO, October 6 (United States Department of Agriculture).—Iogs— Receipts, 23,000 head; early market steady to 10 higher: most advance on good and choice butchers 220 pounds up; top, 11.85; bulk, good to choice, 170 to 200 pounds, 11.10a11.60; 210 to 240 pounds, 11.50a11.80; 250 to 32! pounds, 11.15a11.75; most packing sows, 5210.15; big packers now talk- ing lower on packing grades and light light; most 140 to 160 pound averages, 10.25211.00; bulk desirable slaughter pigs, 9.25a10.00; strong ‘weights, 10. Cattle—Receipts, 9,000 head; fed steers and she stock slow, steady to weak; stockers and feeders scarce, firm; no Western grassers here; bulls relatively few fed steers here of value to sell 16.00; bulk eligible to 12.00a heavy sausage bulls up to 7.25; vealers largely 14.00; few 14.50; out- siders buying sparingly at 14.50n15.00. Sheep—Receipts, 20,000 head; fat lambs opening slow, 15 to 25 lower than carly yesterday; steady to weak with low time Monday; early sales native mostly 13.00a few 13.50; well finished ewe and wether lambs to shippers, 13.75; 110 to 130 pound buck lambs, 11.00a11.50; culls, 3.50a bulk rangers eligible, 13.5 choice rangers held above 13. sheep steady: most fat ewes 5.75a6. feeding Jambs unchanged, 13.25a13. Uit i Watching the Ships. From the Philadelphia Ledger. The market for visibility, which has its most active exchange on the Bat- tery sea wall, does not seem extraor- dinarily brisk, except on such occa- sions as one of the great passenger lines goes down, or comes up the bay. Between saflings and arrivals the hawkers of field glasses seem to do a languld trade at best, but let a war- ship, a Coast Guard cutter, or a big ocean liner appear and the vender of visibility immediately does a thriving business as he drones his wares: “Great British liner coming up the ba; or “French line going out,” or “See the United States cruiser setting out for .China.” The {dlers throng about to rent a pair of glasses and until the vessel passes out of sight they follow its movements as though they were taking a last look at some departing beloved, or scanning the decks for a sight of some eagerly awaited arrival. . People who live in glass houses should not even wear a stony look, v Curb sales R 1 3 Y i R i 203 B F) 3 K + b1 118 1 1 ) pA i 3 7 5 e 1 5 1 3 i Sales ) 1 5 20 46 3 4 10 28 io 7 1 5 Sales B i 1 a5 ] 15 3 i 9 1 4 1 R 15 | 80 5 1 20 1 3 Sales | units 100 200 1600 00 1800 700 00 400 200 700 Sales | thousa “ 3 i 60 Golden 50 H: NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office Market today: dreds. 1 Pick Bar A pt Alum C ¢ Am Am B B EI F vie Am Cyanamid pf e D S o Am Gas & B Am Hawajian § S m I & Trac m Po & L pf m Rolling M. m Superpow A m Superpow B Am Super 1st pt Am Superp pr pf kL & Popfd. 1 w0 Gas & F Atl it 4 Auburn Auio " €o 1 Bancitaly _Corp. . 1 Ban J & S 78 pfd 1 Barnsdall deb ris Belgo Can Pan M o 1, Cit, t Ser P&I, 78 1 \;m & Fuel.. Tl . Laund.. el Prod A’ irttaulds i irtiss Aero’ M s Tne & Co N Crucibie ler Die ( lier C & R nt Mot ur Dup » B8 o) Gen Laund Mach Gleason Prod Gold_ Seal Elec. . G A&PT C 1t ptd Great La Dredge Hall Printing o Hawaiian P rts. Hellman R pfd Hireyg Ch "A. Hood Rub Horn il AL Intern Utl B Intern Util pfd. John Keim Fitz Pat ATV A SR Long " Tel” Lt. acA & F C & n arc Wire Lon. P 1at pfd 1 B P 5 Dfd 1 h Hud war El Pow t Rad . t Sug R N ewberry J J orl_Gr No w Process ... Pac Lt n wi.... Penn Ohin See. Denn Oh E4 68 bf enn 5 b D Penn Wat Pw C n Peoples Drug Sto Phila_Eloc Pieely Wigelv AL Pizzly Wigzlv n. Pratt & Lamb ¢ Proct & Gambl # Remington Arms. Rea’ Motor . Jich ad - e Wire pid’ " Sanitary | G fridce Prov Fervel Corp ' Sjeberline R © Silica Gel vt Simer Mg Sou P & T w SuP &L ou P & T, war. Sou P & I, ntd Todd Ship . B g Prod ze A S B Sol Lamp. Lamp ‘A ypsum Battery n. Battery & L oo ! NDUSTRIALS. : High. e misa s S EE L DIttt FERE SR t& 08 09 01 0% 68 421, 3 ocery. 228 e B 2 is West Dairy Pro A W Dairy P vie White S'M de rts in hundreds. Am_Explora. . Anelo Chit © unker, Hi Cons Cop. Cortez " Silver. Eureka Croesus: Golden Center M State wthorne M New Cornelia . Newmont Mini} # Nipissing 1 Noranda® Ohi Shattuck Denn. So Am_Gold & Tech Hughes 1% Cops oo Premier Goid ‘M MINING STOCKS. INDEPENDENT OIL ISSUES. in hundreds, Am Con Oilflds. Am “Maracai ¢ Earib City_Serv. n it Serv n_pfd. . Columbia Synd. . Creole Syne E G & F 7 pld E G & F 8 nfd1 Gihson' Oil cor. . Gult Oil ot Pa. Houston Guit G Intercoptl"Pet. by Pet T.eonard * il Tone Star G 1 Magdal Synd Margay Oil n Mexico Ohio. t Fuel Gas n, w Bedford O v‘ Mex l(,;flf Reiter-Foster Gil oyal Con 0 & R ] S o e Sal P Tidal &luxe 0. Tid Osage O N Venezuelan Pet. \l‘lluinl‘l'l\\‘/_dl"lé n i eras ‘Wenden Cunx n STANDARD OI Ang A O stectd Buckeye P L. Cont1” Oil n. Nat Prajre § 0 Indian S 0 Kentucky’ 8 O Nebraska Vacuum Oil. . Ala’ Pow 5e Allied Pk K 7 Allis Chalme, ARG P e, R EESE AR 08 0T 352 SRinREZREREE: AR ERER 3 "' o 08 7 160 107 Following is the list of bonds and stocks traded in on the New York % SRR | tion. LAm Thread C 6s.1011% 10115 Anaconda 6s A..102 7 1017 Appal El Pow 58 H8% TKP &L e . DR1L 0 Sim Har 6158 90 ° 00 oo Ol T 1001 100 ey tineat Pow 5 tin'u \""‘vl n ,\_\y ean Po 6 Yoat"Ba "X 14015 110 BN @5 1001k 100 0313 05 1001 0T 3 Interst Po B y Jed Highl Coal e 10420 1 8Ke 1 5 i 0170 74 Kon s 08 O8 alede S 100% 100% h 1007 &1 e i 3 1158 001y 16 Mont Po Bs A... 993 & Mo W Ba A onay 1 s 0813 1001 Sinelair Cons Sloss Sh nider P: 3 Sou Cal Fy Sou Cal E 11 8 Rub Glhs 10178 Rub %x 3 War Br Pic 6 s West Pow FOREIGN 0915 Sales BONDS. in thousands 1 Adriatic Elec a1y 2 Ag Me B 78 Bk ni14 a1y 4 i Rtz 0714 06 8 06 057 38 her 100 A 0% i Bue Aires 21 Bue_Aires 7% 10 Bk G § 5 Copenhagen 4 Danish Cons Denmark 20 Dentache 80 Ham State 68 3 1 Hanover State_ils 8% 14 Tsarco Hy Fl 7s. 8 2R Jnxos St M B Ts 8K Leonh Tie € 7155 131 W 10215 20) Tombard = Mendosa Meridion EI' 7 Mohtevides 68 A. 9 Mor BK Bogot 74 07 Muni Medellin 8s. 100% 1003 T Muni Medillin 78 948 “042] 31 Nuremherg Gs .. R 18 Perelli 7., ’ 1 Peru_7s 5 Rio Grand 2 Ru Go cfs 5 BRu Go 118 1 cfs 10 1 Sanda Falls 65 A 100 > Santa Fe City 78 0 0 Serbs 78 B..... 8 R Stinn o4 @ Stinne A Swiss Govt 58 10 B0 Tni El Serv 78 A 1 11U EiS 7e AUn SUW 6158 A *Ex dividend Wall Street Briefs SHEET STEEL TRADE.—Opera- tions in the independent sheet steel industry during September averaged 69.5 per cent. Total sales approxi- mated 250,000 tons, an increase of 79,- 000 tons over August. Refilled tonnage the end of the month was about | 000 tons. F. W. WOOLWORTH.—September | ales of F. W. Woolworth Co. were | 5 per cent higher than in September ast year, $20,740.350 against $19,339,- 149, and for the nine months this vear, $170,082,814 against $164,954.220 in the same period of 1926, a gain of 8.57 per cent. PERE MARQUETTE.~Frank_ T Alfred, president of the Pere Mar- quette, estimates September gross at 8 per cent below the $4,363,364 for September, 1926, and surplus after charges and taxes, somewhat below the $959.981 a_year ago. “I am not enthusiastic about the business out- look in our territory for the last quarter, although I do not expect our ecarnings to be off much from thé same period last year,” he added. SOFT COAT, MINING.—Bituminous | coal mined in the week ended October 1 is placed at about 10,350,000 net tons by the National Coal Association, the largest quantity in any week since the first of last April. AMERICAN CONTROLLED OIL.— American Controlled Oil Co., subsid- jary of American Controlled Oilfields, Inc., has bought 2,000 acres of oil and gas leases in De Soto and Sabine Parishes, Louisiana NEW YORK CENTRAL.—The New York Central is inquiring for 176,000 tons of steel rails, orders fof which are expected to be distributed in a day or two. United States Steel subsidiaries probably will receive about 84,000 tons and Bethlehem about 75,000 tons. AMERICAN WATER WORKS.— Net income of American Water Works & Electric for the year ended August 31 was $3,206,493, equal after pre- ferred dividends to $3.10 a share on mon stock, against $3,833,184, 0, the year before, Gross rev- enues were $4,017,077 larger. J. J. NEWBERRY. ales of Newberry Co. for the nine month year were per cent larger t year ago, $9,061,284, against $5,958, ACOUSTICS PRODUCTS.—Forma tion of the Acoustics Products C corporation to manufacture and s phonograph and radio_equipment, was announced today by Hayden, Stone & Co. E. L. Deutsche of Chicago is president and Harris Hammond, chair- man of the board of the new organiza- The company has taken over the Sonora Phonograph Co., the Bid- hamson Co., and the Premicr Labora- Good Vanilla Frosting. Put one cuptul of sugar, four table- spoonfuls of cold water and one un- beaten egg white into the upper part of a double boiler. Have the water in the lower part boiling. Commence beating the mixture at once and beat constantly while it cooks for about eight minutes, adding a small pinch of salt and one-half a teaspoonful of vanilla. It should then look just like ordinary bolled frosting, and should be almost thick enough to spread. Take it from the stove and continue to heat for about five minutes, or until it has thickened. This is enough to frost a three-layer cake on the top. 1t the frosting is not sufficiently cooked, place it in a double boiler and recook for a short time, or if it is too FINANCIAE? Mortgage Money Loaned | at Low Interest Rates [ Economle Tyler & Rutherford Loan Correspondent Mutual BeneBt Life Jos. Co. 1520 K Street Main 475 POLICYHOLDERS OF THE MUTUAL BENE- FIT took 127 million of additional life insurance in their company last year—52% of the tota new business. Apparent- ly they like their com- - pany. So will you. G. M.-P. MURPHY & CO. Members New York Stock Exchange Successors to JOHN L. EDWARDS & COMPANY The Mutual Benefit Life of Newark, N. J. First Mortgage Notes secured on Improved Real Estate in the Nation’s Capital. The loans on these properties are made only after i analysis by our Ap- A copy of our Fortnightly Review sent on request 1416 H Street Northwest —are 52 Broadway, New York Richmond, Va. stiff add a small quantity of water and co.k again. N mittee of special- First Deed of Trust Notes for Sale Secured by Improved Real Estate in the District of Columbia Principal and Interest GUARANTEED REAL ESTATE MORTGAGE & GUARANTY CORPORATION Main 1403 26 Jackson Place Resources Over $4,000,000 L. E. Breuninger, President HANNON_ & LUCH 1435 K Street N.W, Designed to Serve Those Whose Standards Are High Barr Building Farragut Square We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of inter- est. Should you have Money to Invest —we can also take care of you. Our experience, ex- tending over a period of Thirty-five Years —insures your protection ' Percy H. Russell Co. 926 15th St. N.W. Any Bize Suite ATTRACTIVE RENTALS WM. CORCORAN HILL CO. Rental Agents Offices on Premises Franklin 6773-4099 The New York Life Insurance Company Offers to Make First Mortgage Loans On Improved Real Estate in the District of Colun.bia and Nearby Suburbs in Montgomery County, Md, for 3, 5 or 10 year terms on your B14,0p i, Apply RAnNDALL He HAGNER & COMPANY incorporate; MORTGAGE LOAN CORRESPONDENT 1321 Connecticut Ave. Telephone Main 9700 Ap;r!nnl Home CITIES SERVICE COMPANY Preferred Stock Dividends Are Free From Normal Federal Income Tax Cities Service Company is one of the largest public service organizations in the country. Dividends are payable monthly and are being earned over 375 times. Traded in on the New York Curb Priced at Market to Yield Over 6%% fififluldfll o OMPAN [nvesTmenT Pankers CITIZENS BANK BUILDING WOODWARD BUILDING BALTIMORE, MD. WASHINGTON, D. C. How Would You Invest $1,000? In securities, most likely, which offer the soupdest protection for your principal— yet offer an attractive rate of interest. On the list of a few securities that you would have under consideration, the First Mortgage Notes offered by Swartzell, Rheem & Hensey Company would surely appear. For these notes represent a conservative percentage of the value of new, improved Washmgton properties, and behind them is an .organization whose reputation for integrity and service is of the highest. T}us safety of principal and the high yield of 6% should place them high on your list. These First Mortgages may be purchased in denominations of $100, $250, $500 and $1,000. Swartzell, Rheem & He_nsqy(.’o-, Mortgage Bankers 58 Years Without Loss to an Investor