Evening Star Newspaper, October 7, 1927, Page 14

11 ¥R FINANCIAL, TREND IS LOWER IN STOCK MARKET I'rices Tend to Sag, While Selling Is Not Particu- larly Heavy. £ NEW YOI Oven. Hich | Abitib! Pow (5). 131 1 Adv Rumle! Ahumada Lead Afr Reduetn(17) 1 Ajax Rubber. Alaska Junes Atbny Pap pf Allied Chem (6). 160% 161 Allis Chalm (6). 115'x 116 Amal Leather M 13% Amerada (2) 30 Am A 14 Am Azri Ch pf.. a8 Am Bk N pf (3). 6:7 THE EVENING STAR. WASHINGTON, n o, NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. Low. Close. 1394 130% e = et Y Onen. High. 83la Rbla JuitableTr(12 rie R 1. rie 1st pf. airbanks (3).. IFed Ligt(h1.40). Fed L&T pf (6). Fed Min pf (7). . First N P 1st(8). sk Rubher sk ISt pf (7). leischmann (3) 100 100 157 154 et | Low Close Omnibus. . 4 Opnhm Col (4).. { Orpheum Cir (2) Otis Elevator () Jev pt (6). eel.. Outlet Co pf (7). | Owens Bot (Ct5) Pacitic Gas ( Pac Ol § | Pac Tel & Tel (7) | Pac Tel & Tel pt Packard (1 | Paige Motor. an-Am Pet (4). 1597 158% 2 1140 1180 491 4T 107 100 481 AT . SALES SHOW GAINS | Constitution” Revision Big" Matter to Come Before | Clearing House Monday. E SINTARYSTORES BY EDWARD C. STONE. Ies for Septem: | the first nine months of e ar are well d of FRIDAY. OCTOBER - (B 1927. COTTON ADVANCE | ON TRADE BUYING Selling Encountered, but Of-| ferings Are Fairly Well Taken Early in Session. By the Associated Press. NEW YORK. October 7.—The cot- ton market opfned steady today at| an advance of to 28 points on de buving, influenced | Commerce {he refused the necessary anuthority |t would FINANC TALS NEW CAROLINAS LINE | ADVERSELY REPORTED By the Associated Pr | Proposals of the Piedmont & North- ern Railroad te build 128 miles of new between Spartanburg, S. ., tonia, N. C., and between and Winston-Salem, N. (., disallowed. the Interstate Commission has heen ad. vised by one of its exuminers after an investigation, and the eompany shoul to harlotte hould be proceed The adverse recommendation was made by E_aminer Haskell €. Davis, fis report declared that the construc. | tion of the new lines would result in nted ailroad business operat unnecessarily duplication of impair the ailroads now hrough the tervitory by | diverting traffic and would not render material public servic It is Too Late After the Fire Insurance for Eversthing Geo. H. Price Co., Inc. F. H. Deland, Pres. 815 15th St. Main 4793 Buck & Company BROKEKS FEstablished 1016 Stocks Bonds Grain Cotton Write or call for weekly mam et letter No Obligations ok AR RO i covering and tr the stock ' Am Br Sh (j1.60) Except | Am Brown Bov. and one or two in-|Am Brow VUQ »t trend was bt dy (62 10 49's 48 1R G 1% 9% { Dan-AmPatB(4) Pan-Am West B. Panhandle...... Parmt-Fam (j8) Park & Tilford. . Park Utah (80¢c). Pathe Ex A (4).. Peerless Motor.,, i Penick & Ford Penn C & Coke PennDix Cmt( 3812} Pa Dix Ctpf (7). 11« | Penna R R (31%) 1014 | Peoples Gas (8). 71 | Peoples Gas ot Pere Mara (18).. PhilaCo5 %, p! Wl Phila&RCL. Philip Morris Philip Morrisr Phiilips Pet (3). Phoenix Hosle: | Plerc Arrow. . . | Pierce Arrow pf. 4| Pierce Oil. . 1, | Pierce Petrolm.. Pillsbury (1.60). Pitts C ritts F Pitts St pf (7)., Por2icoTobA (7) ds a vear ago, according | report made since the ferved stock was listed on the Washington Stock Exchange. Today’s ves sales for Soptember compared with $1.393 September, 1926, an incre {of 831 per eent he nine mon 191,791 incredse 1103 110 nilar E5Te 84 5% 111 111% 67 71.‘4 1 e STOCK BLOCK PLACED. YORK, October 7 (P).—A | 00,000 shares of common at Western S holdin A pri led by White market pr by relatively steady Liverpool cables and reports of rains in the South-| west, with prospects for lower tem- peratures. December March to rtin 10t BUCK AND COMPANY Evans Bldg. 1420 New York Ave. hoavy worked [ ' sty cownward to be any b The declin eted with ns repor ket a sold 1 4 o v up to 21.25 and but these prices at- tracted more Southern hedze seliing or pre-bureau liquidation, and ther were reactions of 14 or 15 points in early trading. Trade interests con-|the tinued to buy on the setback, howev and there was considerable covering | and the market held fairly steady at the end of the first hour | meyer. SECOND TRUSTS WANTED WM. H. KYLE, bay buying in the Liverpool market Real Estate Financing. tquidation have | Am Chicle (3) Am Drug (86¢) ... asty mizht the incre 1 by the kb close heen con- in brokers Y vl Reserve | Am Iixpress (6). 170 ursday. It| Am & For Pow ted by the | Am&Fo Po pf (7) 1061 106! wderal Reserve Rank | Am Hide 12 he reserve ratio for | Am Hide 3 whaole ! down and for the Bank down more e ratio for the New w low for the vever, 1 to mount Am Linseed ¢ ns and is so con- | Am Locomot ( t the money situation that | Am ) wtters had nothir h the weakness in stocks. It been that the market was smply “tred.” but whatever the rea- | son, the re same, rs Give Way., AN the leaders gave wi ral Motors, new and old el. American Smeltin en Asph pf (5). 1 en Rakg pf (8). les reached $1 last year, p. The comp “tates that the report in- chides the September sales of the 49 Pizzly-Wizsle Eastern stor were acquired on sales of these araounted to s with 8204692 | thi it Weld involving payment e than $3.000.000. The lirgest individual holder of stock in this npany is said to be Horace Have- Continental Trust Co. 14th and H Streets Capital $1,000,000.00 n er 1 S(T10) 2! nl Motors (n). 1 en Mot pf (7).. L. sen Outdr Ad(2) n Outdr A (4). point Amerte Am In Am La France Am La $237,383, comy For September, gain of 15.9 per cent illed that the com- stock went on the three four weeks | eliing around 101%. on the Southwestern rain repor The market eased later under newed liguidation and Southern selling in part attributed to uncertainty over the probable showing of tomorrow’s | Government crop report. A few stop orders were uncovered, carrying De- cember off to 21.02, or 20 points from the high level of today and within : points of yesterday's cle The market was quiet at close to this [ figure at midday. New York Cotton Kschange members on the ave | expect a4 erop indication around 1 ,000 toda Prevailing interest and commiasion. WHEAT VALUES SAG, | Joucai i' Wallar ie i 4 o CORN SCORES GAINS Snow in Canada and Frost Coarse Grain Belt Cause Early Price Rises. 139 i = 104 be re- Checking Accounts Savings Accounts Time Deposits Foreign Exchanges Commercial Credits Travelers’ C--dits Travelers’ Cheques Acceptance Credits Collections Real Estate Loans Collateral Loans Investment Securities Corporate Trusts Individual Trusts Administrator, Executor Safe Deposit Boxes panv's proferred | local exchange » and is now Clearing Hou The W Associatic Refrac (3).. " tte (1413).. mbel Bros idden Co. Id Dust (3). REAL ESTATE LOANS 52 % FRED T. NESBIT 1010 Vermont Ave. Main 9397 on Clearing _House will mect next Monday | evening ording to announcement [made by the chairman, Lary V. Haynes, and take up a 18t of business lthat is now pending One of the important matters before | {he association is that of revising the | | constitution. Chairman Haynes has | obtained a mass of information about | the constitutions in use by other clear- ing honses and it is expected that | some of their best ideas will be in {corporated in the local governing { document. [ Tt icipated that the pro- posal of forming an auxiliary clearing | house organization which will include voup of nearby banks in Maryland and Virginia will be considered, al-| thogh this matter is too important to | be settled at one sitting. ecretary Deyber has obtained a large amoun of data beaving on the amount of bu: ness these outside banks do directly | | with Washington banks, how they | ahout entering such an organiza- tion, and the probable total daily check clearings. He is ready to place | this information before the associa- cn for consideratio e leral Reserve Bank of Richmond reports that statistics on construetion work revealed the only serious weakness in August in | the fifth district. Total valuation for 21l permits issued in 29 leading cities | of the district was nearly 50 per cent ess than in August a year ago. Th cline has been felt in labor circles, dealers in all kinds of building ! materials, and in retail trade as a re- Cult of the lower purchasing power of the workers in the building trades. | | August was the eleventh consecutive month during which the valuation of | building permits was below that of the | corresponding month of the preceding s Advices today of frost in s of | Lanston Hits Another New Peak. [ Towa ‘and prediotions of frost 1n sther | Jenston Monotype climbed another | States tonight failed to stir up any halt point to a new ak on the great amount of buving of corn fu. | Washington Stock today, | ture deliveries. Most traders were in- 13 shares selling at 109. Potomac clined to regard frosts at this time Flectric Power 6 per cent also made a | a3 a matter of course. No mention e hieh marl when one share gain- | of damage by the frosts was made in led a quarter of a point and sold at reports at hand early. |110%. " Mergenthaler again sold at i = hish' o yesterday—113—on & 25| Washinaton Stock Exchange. | turnover. " ight shares of Riggs National | SALES. © M]?’nf_flnnnn ’R'y. & Elec, Bank stock changed hands at 508, p1d.—10 l| within two points of the best price | lneton o a of the year. Thirty shares of Com.| o Columbia Sand & Gravel ptd.—10 st 101. | mercial National Co. preferred came | omiarcial National Co. pfd—30 at 103 out at 103. Columbia Sand & (;r:n‘t*l at1fston Monotype—s ai 109, 5 at 100 was un to 161 and Merchants' Trans-| 8,g08% o . fer & Storage preferred appeared on | at'lga nie Tramster & Storage pid—10 the board at 102, Two 10-share lots of | - Mergenthaler Linotype—5 at 115, 8 at anitary Grocery preferred came out | &SI S0 T T 0 at 10115, fractionally lower than the 10 at 101%, & i . last sale of yesterday. | One share of American Security & | Trust sta brought 473. Washington | Railway & Electric moved at 987, the closest it has yet got to par. Trading in the hond division was confined to el issues at strong | Yy shing odrich pf (7). 105 odyear Tire, . tyear It pf. '2) | fetyR(13) | Am Seating (14) 41 including | Am Shipbldg (8) 116% United | Am Smelting (8) 171% 1 and | AmS & R pf(7). ];‘#l}‘. 13 and General Electric. Once | Am Snuff pf (6). 1 N Stocl was voiy | AmSNENys (3). ‘50K did rot seem to have | Am iusans). o perative power that other in-| Am Sumatra. 1% F orerc ahie t6 .n'.),'.).:\_ 3 | Am Tel & Tel (9) 150 1 ore affected more | Am Tobacco (8). 151%s 1 a time Missouri Pacifis AmTobaccoB(8) d strong, but it came Am Tobac pf (6) with the rest of the | Am W W (m8oc) Pacific has Am Woolen pf.. made un- | i zood recovery from the set- | Am \Wr Pa pfefs ed by the Valler flood. and there ws of the talk about funding back divldends on the preferred stock, some- thir ie best informed believe is a long way ofi. New Haven reacted and o did Baltimore & Ohio, Canadia Pacific, Union Pacific, and New York Central. There was no_improvement oils. Phillips Petroleum, M Barnsdall and Pan-American “B’ all pressed for sale. It would seem that some day a point would be reach- ed where the oil stocks would have discounted all the unfavorable condi- tions, but apparently that time has| not yet arrived. Perhaps there are | some further dividend readjustments to be made. U. S. Rubber Sells Off. The U. Rubber nine months' earn- fngs statement, did not make a satis- factery showing and the stock sold off sharply. The report owed 71 nts a share for the common against $4.41 a share in the same period a year ago. This does not include earn- ings of U. S. Rubber Plantations, Inc., but, on the other hand, the §8,535,380 reserve set up against inventories at the close of 1926 has been used. There were some strong spots, most of them among the utilities. Abitibi Power & Paper jumped over 6 points, crossing 138 to a record for all time.” Brooklyn Edison and Brook- Iyn Union Gas were in active demand, reviving reports of a consolidation. Magma Copper stood out among the copper shares, and Case Threshing Machine, which had gone up 10 points on the day before, added to its gain. Leads iotham 1 pf (7) : 130% | Gould Coupler A 507 i L-lnm_v)- Con Min. 0% 1 Grt North pf (5) * Gt Nor pf cfs(5) 441 Gre Nor 0 (1%3). 18U Gre Wes §(2.80) 1501 Gt West S pf (7) ireen Canan. 13 | Guantanamo. $9 | Gu M & N pf () 912 | POStum (5) .. .00 | Pressed stl Car. | Prsticar pf (7) Prod & Refiners. | Producer | Pub Serv NJ (2) Pub Serv pf (6). Pub ptet).. w0ty | Pub SE&G pe(6) 131 Pullman, Ine 1083, | Punta Aleg S 41 | PureOil (12). 2 | RadloCorpofA. 6 6 5 ) | |RSTIICets (4). & R { Reading (15) Real Silk Hol Real Silk pf (7). | Reid Ice Crm(3). m-Rand $1.60. tem-Rd1st (7)., Rep Ir & Stl (4). %, | Reynolds Spnzs. 3, | Rey Tobac B (5) 1814 | Rossia Ins (6).. Rossia Ins Co rts | Roval Da ., | Rutland pt 100 | Safety Cable (4) 974 | St Jos Lead (13) 914 | St L & San F18). %, | St L Southwest.. 31, | Savage Arms. Schulte (3%). Seabd Alr Line. . Seab Air L pf. ... | Sears-R (n2%).. 14 | Seneca Coper. ... Shattuck F G (2) Shell Un (1.40).. | Shuber The (5).. € 6 3 | Simmons (2).... i 5 3 Simmons pf (7). Simms Pete. ... Sinclair Oil..... | Skelly Oil (2)... Snider Packg Co. Snider Pkg pt... iSo Porto Rico S., South Calif Ed South Dairies A. | Sou Dairies B. South Pac (6). Southern Ry (7). | South Ry pf (5). | Spicer Mfg 3 2 ISUG&E (3%). 3% | Std G & E pf (4) i Money to Loan Secured by first deed Of trust un real estate 130 | ¢ g 350 343 10113 1001y 100 100 34 1001 100 efinir 1 the pr a FIN o In Nearby Virginia 1 Prudential 5 /2 % lnmunie Co. .oans Commonwealth Investment Co. P17 15th St. N.W Phone Main 26° For . in expects back rece! « | HAVEL Ry pf(6). . | HockingVal(10). 97a | HO®O & CoA...... + | Hollander & 66 | Homesta 24 | Houshld P (313) 51; | Houston Ofl. ..., Howe Sound (4). Hud Man (23 | Hudson Mot « | Hupp Mot(1.40) Illinois Cen (7). Indep Oil (1)... Indian Mot (11%) Indian Mot pf(7) Indian Refining. Indian Refg ctfs. Inland St (2%5)., Inspiration..... InterboroRapTr. Intcontl Rub(1), Internat Agri... Int Agricul prior Int Cement (4).. Int Com Eng (2) Int Harv (j6). .. Inter Har pt (7). | IntMteh pt(2.20) Int Mer Marine.. Int Mer Mar pf. Int Nickel (2) Intl Paper (2, 46% 10 Armourofll1(A) Armourof111(B) Armour 111 pf. | Arnold Con&Co | Artloom (3) | Asso Dry G |AtT& ST (19 lamy | AICL (1833). and: | At Guit & WI. “ |'Atl Gulte W1 pf. 345 | Atl Refining (). 117 AtlasPowder(4). 63' BaldwinL (7).. 254 Bald Loco pf (7). 1 Balto & O (6). X Balto & Oh pf{4) 80 Bang & Ar (3%). T4 Bang & Arpf(7) 110 Bk Comerce +18. 5 Barnet Leather. Continental Trust Co. 14th and H Streets WADE R. COOPER. President Capital $1,000,000.00 Mortgage Money Loaned at Low Interest Rates Economic_ Conditions Tyler & Rutherford Loan Correspondent Mutual Benefit Life 1520 K Strect ~ Main 475 | By the As ated Press. CHICAGO, October 7.—With snow | ling in Canada and some frost re- | ported in the corn helt, grain values | today showed an early upward trend. | | Increased selling developed, however. | |and gains failed to hold well, houses | with connections Northwest offering | wheat rather freely. Opening at I« | |off to 3 up, wheat later kept near to linitial figures. Corn started unchanged | [to 1 cent higher and continued to| average above vesterday's finish. Oats’ were steady. Provisions tended to ad vance, Hea' apolis, w in the 136 136 20% 20 82 3% 100% 100 10% 9% 9 9 521y 524 1813 18%, 361a 351p 12% | 10 474 58% 48 63t 25414 121 123 50 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 514,97 e, Apply RANDALL H. HAGNER & COMPANY Incorporated MORTGAGE LoAN CORRESPONDENT 1321 Connecticut Ave. Telephone Main 9700 receipts of wheat at Minne- | Duluth and Winnipeg, far in ! excess of the totals a yvear ago, did much today to offset the market in- fluence of unfavorable weather in Can- da. It was contended by bears that whenever the weather permits enough | Canadian wheat is available to bring ahout a record movement likely to af- | fect prices the world over. Barnsdl B(b215) | Beech-Nut (13). Belding Bros (2) | Best & Co (3)... Bethlehem Steel. | Beth St1 pt (7). | Bloomingdale... 0) { Int Paper pf (7). ! Int Ry Cent Am. Int Ry CA pf(5). | Int Tel & Tel (6) { Intertype(t132). Iowa Central. ... | Island Creek (4) [ Jewel Tea....... Jones Bros Tea. Jones & Lau (7). Jordan Motor... Kan City South | Kayser J (4) | Kelly-Spring.... | Kelly Tire 8% pf Kennecott C (5). Keystone T & R. Kinney pf (8) KraftCh (11% Kresge S S £1.20. Booth Fisheries. Apartment Booth Fish 1st.. 39 | Briggs Mfg Co.. 21% Bkin-Edison (8) 181 Bklyn-Man (4).. 57 BKlyn Un Gas(5) 137 138% Brown Shoe (2). 45 45 Brunswick B (3) 3214 32t | Burns Bro (10).. 101 101 Burns Br B (2).. 21% 21 | Burros Add (14). 130 132y Bush Term (b8). 67 67i Bush Ter de (7). 107 107 | Bush Trm pf (7) 115% 115% | ButteCop (50c). 4 4% Butte&Super (2) 8% 8% Butterick (g2)... 51 51 Byer&Co......, 84% 86} | Calif Packg (4).. 65% 65% Calif Petm (1).. 21 214 | Callahan Zine... 1% 1% | Calumet & Ar (6) 88 88% F 21% 184%, Home 4 | Std Mill (5). | Sta Millg pf ( | Std0iICal(128) Std Oil.NJ 11%) Std OfINY (1.60). | Sterling Pro(16) Stewart-War (6) Strom Car (2)... Studebaker (5).. T | Submarine Boat. = p- - Sun Oil (11). i R | Superior Oil... .. | Lea Tire & Rub. s i LehighVal(3%). et Lehn & Fink (3 Ewutsof Amer, Life Sav (1.60).. i Lig & Myrs(£14) Bymingfonici As Lig&MyrsB (f4) ‘Telautogra (60c) TLima Loco (4).. Tenn Copper (1). Liq Carb (3.60). 54 Texas Corpn (3). Loew's Inc (2).. 54% | Tex Gulf Sul (4) Loft.. ‘Tex& Pacific.... { Long Bell A (4). Tex PC&O(60c). Loose-W11(1.60) | Tex Land Trstn Torillard Co | Thatcher Mfg. .. Lorillard pf (7). hompson (3.60) Louisiana Oil. Tidewatr As Oil. LouisGasA(1.75) TidWAsOIIpL(6) ILudlum Steel(2) | Tide W OIl pt (3) j Timken (15).... - ¥ shithae Ludily 7814 | Tobac Prod (7). 2 f 85 | Ty Tobac Prod A (7) Mack Truck (6) T | 2 - » ranscont Oil. Mack T 1st (7).. 111 | Transue & Wil Mackay (7)..... 117 ‘.Twmc“ £ () Macy RH (5)... | pap et 202 Mad Sp Gar (1). 2715 | Underwood (4).. Magma Cop (3).. 167, | Un Bag &Paper. { Mallison & Co... Union Carb (6).. Mallison pf (7)., 5 | 18% 1 Union 011 (12%) Mandel (215). ... 79 2% Man £1Sup (5).. Union Pac (10) Un Pacific pf(4). | ManEIlmg (d Man Shirt (2)... | UtaCgrst(C80e) ! Utd Czr St pf(6) Market St p { United Drug (9) Marland Oil..... Utd Dyew pf (7) Marlin-Roc(314) Mathieson (4)... U S Hoffman (4) May Dept S (4).. U S Aleohol (5). U S Distributing | Maytag (+2%) MetroG pf (1.8 U S Leather w 1. US Leather A. Mexican Seab. | Miami Cop (1) US Leatprpf (7 | US Realty (4) Mid-Continent B Middle States. .. LS b It () Mid States Oil et LIS St (3360 Midland pf (+12) U s 8 pe (3%). Minn & St Lous. 'S Steel (7). MINEL P e BSa. Uni Pic 1st pf(8) M St PRSSA pf . Univ Pipe(12%). MStPESSM 11(4) o (s ) Mo Kan & Tex. .. Vanadium (3). Mo K & T pf (6). Vick Chem (4) { Missouri Pacific. Missourl Pac pf. Victor Tlk Mch.. 111'% 109 Vietor cv pf (6).. | Montana Pow (5) MontgmryW(4). 107% 105 Victor pr pf (7). 8514 831 Vivadou (3). Moon Motor. .... 7 2 Mother L (50¢) . 7 Vivaudou pf ( 1% Vulean Detin, ... Motion Pic Corp. 8 Vulcan Detin(A) Motor Met (3.60) Motor Whi (2).., 2415 ghe Wabash Mullins Body. .. Jeatshive A (5 Munsingwr (3). oo Waldor? (1% | Murray Corpn - Walworth (1.20) Ward Baking B. Nash Motor(15). t Acme (sta). 89 Warner Pic A. 3 Warner-Quin (2 Nat Bellas Hess. | Warren Bros (4) Nat Biscuit t5%5. Warrenlist pf(3) Nat Cash R (A)3 Wark&Pipe Cor, Nat City Bk (20) Web & Heil...... Natl Dairy (3).. Web&Heil pf(7). t Distillers. .. W Penn E1A (7) t Distillers pt W Penn El pf (1) tEnamel & S. West P Po (6)... tLead (5). West P Po pf(7). tLead pfA(7) West Maryland. Nat Park BKk(24) West Pacific. . Nat Pw&Lt (80c) West Pac pt (6). Nat Ry Mex 2d.. West Union (8). t Supply (4). Westhse A B(2) Nat Surety (10) Westinghse (4). Nat Tea (4). Weston A (2)... Nevada C(1%).. White Eagle (2) {0 Tex & M (7) White Mot (4) Y Cent (8).... N ¥ Central rt. | White Rock (t NY C&StL (6) White Sew Mach White SM pf(4). NYC&StL pt(6). NY Dock. .. Willys-Overland Wilson & Co... NY Dock pf NY & Lack (7). Wilson Copf A.. Woolworth (5).. 18 NY NH & Hart.. NY Ont& W (1). Worthn Pump... Wright Aero (1) NY Steam pf (6) Norfolk South Wrigley (13%).. 61l s Yellow Truck. 34 N W8)... bttt Youngstn S&T 41 Ho% North Am pf (3) Hourly Sales on N. Y. Market. NorAm Ed pt(7) 1lam.. 571600 12m L 100 North Pace (5) 1pm 1.381,600 2 p.m... 1,604,200 Nor Pac efs(5) .., Y 5 Dividend rates as s1ven in the ahove tania . Nubnply (150). re 0o auyual cash baymeits based on ihe Markets at a Glance : at NEW YORK ().—Stocks steady American T. & T. highest since 1902. Bonds firm; International T. & T. 4138 at new high. Foreign exchanges firm; sterling and francs rally slightly. | Caiu & Hecla (2) 16% 17 Cotton barely stead: pre-bureau | Can Dry (+3%).. 51% -51% liquidation. Sugar lower; easier spot |CanadaSou (3).. 62 62% 6214 market. Coffee easier; commission | Can Pacific (10). 199 199 1963 house selling. Can Pac 1st pd.. 194% 194% 191% CaseThreshg(6) 282 283% 279 CHICAGO.—Wheat barely steady; | Case Thrpf (7). 117 117 favorable ather Canada. Corn ea: | Cent Alloy (2)... 26% % disappointing cash demand. Cattl | Cerro dePas (15) 66% 661 dull. Hogs stead | Certain-Teed (4) 50 ey L Certo Corpn 13% MRS.N. T. CRAVER HEADS CITIZENS OF POTonAc‘cnes&umom) 213% 2131 210 | C&O Corpn (3).. "86% 86 i | Chand-Cleve. ... Chandlerpf(234) Association Holds Election and Ad- | Chi & Alton pt. 13% 144 |Chi& Eastl... 46 47% |Chl& EastIll pf 82 84 | Chi Great West., 16 16% | ChiGt West pf.. 343 4% Special Dispatch to The Star. SRl EE .. LN a8 POTOMAC, Va., October 7.—Mrs. X. | SHESLECEs.. 175 17k T. Craver was elected president of the S Potomac _Citizens’ Association at a| Gpie muh(arr: sow o meeting of that body held last night | cpi pne Tool (6) 129% 130 In_ the council chamber of the Town | Gny Rock 1s (5) % 10 all. | v - P.' P. Clark was named vice presi-| Gmio (o sy dent, Frederick A. Holden secretary (2150 and Mrs. T. W. Jones treasurer. Wal. | Gpemsq e c120), ter U. Va P . R. A. Roseberry and Mayor m Kleysteuber b oyhing named delegates to the County Civie Bureau by Mrs. Craver, and R. L. Berrvman, John C. Page and P. P. Clark were named alter- nate Fivs applcants were admitted to| membership. They are C. T. Macdon- | ald, Selby O. Elimore, Sergt. A. F.! Driscoll and Mr. and Mrs. Walter C. Davis, LET US FINANCE YOUR HOME LOANS To Run § Years No Annual Curtail 51,9, Interest WM. H. SAUNDERS CO., Inc. Main 1016 1433 K - AFTER CALL. ashington Gas 6s “A"—$300 at 1 . ‘,nl){" s 1‘"“ ‘ o lk 4. $700 at 104 1288 National Bank—8 . Merzenthaler Lmot!w&—“‘" a’:ogls American Security & Trust (o.—1 at 473. | Potomac Electric pfd 6s—1 at 110%, Morey—Call loans, 5 and 6 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY. Bid. American Tel. & Telga, 4s... oh5 A Amer. Tel, & Telza. 41 1003 Am. Tel. & Tel. ctl t 104 % Andcostia & Pot. R. 9715 Anacostia & Pot. guar. 9713 . & P Telephone 5s...... 101% . & P.Tel. of Virginia. 5s’.. 102 Traction R. R." 5 0% d_Suburban 0 Gas 1 Potomac Electric Potomae Elec. Cons Potomac s 1 Wash.. Alex. & Mt. Ver: Wash. Alex & Mt V. e 500 Scholastic Efforts Rewarded. ident R. Golden Donaldson yes- awarded gold prizes to Com- tional Bank employes who completed courses at the institute | last year, and announced that the ik would continue to pay tuition fees of each newly enrolled student this year. The awards reached as high “as for excellence in the | standard cou Those who recelved the $30 award for standard certificates were: Aubrey Dooley, F. W. Pimper and G. E. Walker, = Similar awards were made | to Dooley for graduation in trust func- tions; R. Jesse Chaney, investments; | M. F. Showalter, investments and credits, and Miss Ruth Case, account- ing. | hifose receiving awards for comple- tion of the elementary course in bank- ing fundamentals Corder, Pawl-W. B. Rouche, B. G. Cr “urtin, George W 6 515 @ 5 31 3114 Hl'a 495 391, 38 1131 113% 11 11 26% 26 23 22w 79 T8 R ,('“: mereial 50 a: Chat-Ph BK(16). 540 540 540 u7 93 10919 S it mits Five Applicants to Membership. 55 F3 1121 110 111 111 113 117 202 200 28 48% 17% 80 423 42'% Bl 47 T 46l 32% Al 231 45 114 ® I R Equitable Co-Operative Building Ass'n JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary Organized 1 4ith YEAR COMPLETED Assets $5,228,031.94 Surplus 169,905, Subscriptions for the 93rd Issue of Stock Being Received STEP UP THE LADDER TO FINANCIAL INDEPENDENCE! Start a_systematic savings account at the Equitable and provide the way for Financial independence. Our plan of saving encourages thrift in a regular manner and helps you accumulate money. Start now. AR R R . Gas 65 s . Rwy, & Elec . Rwy. & Ele MISCELLANEOUS, | Barber & Rous. Inc were: Herbert O, | Ghestnut, Farms Daify ¥ . Harris, | DU Papeg r ndall, John L. | Pot. Jowmt Stoc 2 Wash® ‘Mkt. Cold_Storage 5s Hurst, Herbert R. | iotags, Se. Glaser, B. J. Nees, W. W. Powell, & | T 0" Tk S S e. | . Racburn and ¥. M. Turner. STOCKS. At the last meeting of the directors of ‘the Merchants Bank & Trust Coo | amer. Tel. & moomre o o701 [ Walter M. MacNichol was elected t0 | gapitil Traction 1061 membership on the hoard, according | Washinzion Ges . .- to announcement by Peter A. Drury, | Boiame SElec nid ga o0t the president. Mr. MacNichol “l;pu-r:-|n§“r:x < nid. Sl serv st ace : < | Wad v. & Elec. com e 3 i NATIONAL BA' The directors expressed much satis- | National Capital faction over the rapid progress in the | Commorcial changes and enlarging of the interior of the banking rooms. The installa- | tion of cageless counters is to take place soon. A condensed statement of the condi tion of the Guaranty Trust Co. of New as of September 30, 1927, shows sits of $601.998,123 and _total re- of $763.128,460. The com- nd undivided profits .084, which repre- | se in undivided profits since June 30, the date of published statement. ~ Total are $10,415,104 more than on 61 16% 1293, 109% 109% 108'5 44 4412 44 60 60 60 - 2 & e 2258 ] 3 | T 5Th - WET®| ChryslerpfA(8). 113 113 Arlington | Gity Stores (B).. 50% 51 | Cluett Peab (5).. 73 73% Coca-Cola (5)... 124% Collins & Alk(4) 91% Col Fuel & Iron., 77% 784 Col Gas & El (5). 91% 917 Col GRE pf A (6) 106% 106 Col Carbon (4).. " 871 om Cred p£6%. 8013 81 Com In Trpf 61 S8 88 Com Solvents(8) 186 186 Com Powr (2%). 78% 78% Congoleum-Nair. 237 23% Cong Cgrs(t4%) 67 67 Con Cigars (7).. 50 80% Consol Distribut 3, Consol Gas (5).., 118 118 ConsolGas pf(5) 99% 99% | ConRRCuba pt 6 704 70% nsol Textile. . 4'y 4'3 Cont Bakg A (4). 50% 50% {Cont Baking B.. 5% 5 Cont Bak pf (8) 945 Cont Can (5). % Cont Can pf(7) | Cont Insur (6).. | Cont Mont (80c), | Corn Prod (t3) Coty Ine (5). # CrucibleSteel (6) Cuba Cane Sugar | Cuba Cane Su pt. 1 Cuban Am S (1), Cuba R R (4.80). Cuban Dom Sug. 14 Cudahy Pkg (4). 54 ushman's ($4). 14113 1411 141% ushmann pf (7) 112 1 Cuyamel Fruft.. 53% Davison Chem. Del & Hud (). Del L & W (17). Devoe & R(2.40) Dsvoe&R 18t(7). Diamd Mtch(¥). Dodze Bros Cl A. Dodge pt (7).... Dome Mines (1), ol S & Atlpf. Dunhill Int (4).. nt (19 ne pf (7) Eastman (18) an pf (7).. 126 Axle (2) E enlohr & Bro. 1 AutoLt (16%) Electric Boat Elec Power & a4 i3 913 901y 76% 9% 106% 817 8015 88 184 76 23 664 79 % 1T 995 0% 4% 49% 284 27% 2% 21 R Sy 1o 1% 164 162 VOTE ON STOCK INCREASE. a3 W YORK. October 7 (#).—Stock- 's of United Gas Improvement will vote December 7 on a pro-| posed increase in authorized capltal | stock from 2,130,058 shares to 6,000 hares, §50 par, and issuance of 1,854 061 shares in exchange for capi stock of Pliladelphia Electric Co. on | the basis of one share of U. G. L. for two shares of Philadelphia Electric, 7 65 68 467 461 107'% 106% 58y 56 . neoln ational Meiropolitan: Ruzgs . Second Nationa Sl 915 F STREET ‘ e HARNESSED POWER INANCIAL Progress depends large- ly upon thriit and, Safe Invest- ment. Our trained financial experts will be only too glad to help you solve your Financial Problem and profitably advise you, whereby you may easily amass a Financial Surplus and safely invest that surplus in a dependable and remunerative First Mortgage Note. TRUST COMPANY, mer. Seenrity & Trust Co. ..*465 ontinental Trust. 1 Merchants' Bank 941 2 account® is $ sents i i of $8 tha 1s resou June 30, Meard in Financial District. Several local bankers expressed hope today of getting ats to see the Fair of the Iron Ilorse, as President Willard of the B. & O. has announced that the pageant will be given twic daily next week. Moody's Weekly Reviews says that present” money conditions “ousht to mean a_continued wpward trend in | sy Title bond prices. Stocks might react at | Real Estate Tifla’" |any time in response to a temporary | Title Inv. Co. of Md. com.. . shor of funds in New York, due ! MISCELLANEOU! to_financinz the .\mvnm:d'mlle !Inimw(.;i Rosg, Inc. TLoecal banks have agread to co-oper- | Chevy Chase 3 ate it e Diemlied Versrans: Awso. | So, oand & Cravel’ b ciation on Forget-Me-Not day on Oc- D . Pi tober 15, Praetically all the banks in | kede g shington will allow the sale of | A * lobhies on that date. | Lanston Monotype the indorsement of | Mcreh ind Director Hines | 3 of the Veterans’ Bur DIVIDENDS. 06 206 10 5814 95 8% SAVINGS BANK. Bank of Bethesda. Commerce & Savingi East Washington Pay of Rate. abie q 7 venth Street. .. 334 | Umted States. . D1 Washiogton Mechanics 81 145% 144 46% 461 49'% 46% 617 58 TITLE INSURA: /74 67 8615 260 167 6% 16% 144 144 168% 166% 66 6% 131% 130 107% 107'% 6% 61 R6 86 107% 1074 54 52% 39% 39 100% 4814 139 16% 139 16% 66y 10'3 O6iy 24y Y2 116'3 " 168%4 1 al FOREIGN EXCHANGE. hed by W. B Hib N pte) Trans. & Storage. nts' Trans. & Stor. nf. haler Linotype . Mige. & Invest. pid s Druz Stores pfd &Co) Phenomenal in_Internationat Progress was the Lindbergh New York-Paris fight in May, 1927, It precedented what authorities believe will be the greatest era of International Harmony that the world has ever known. The perfection of the aeroplane is another exam- vle of harnessed power. Shannon @ L\lChS. Inc. 1135 K Street N. W. Main 2345 latest _quarterly or half Unless otherwise noted. dends are not included, ° U iess than 100 shares. 1 Plus 4% In stock. 1§ P 1 Plus 2/60 6614 = — 5 laration t xtra ot evecial divi- | Witk Nadlial Bldg. Co Woodward & Lothran i YEx dividend. 127 extia. DRI A sea turtle with a curious beak full of sharp teeth curving inward was vecently brought into port at Monte- video, Uruguay, by astonished fisher- men, who had believed, with the rest of the world. that turtles as & species are toothless. . 1% 94 16% 91y 16% 284, 28 10615 106% 1% 2% 3 6l 1v extra, o in _common stock stock. & Paid this sear—no_rezular rate h'Ten per cent in common stock. oayable auarterly. ¢ Plus 5% 1 stock. d Pay- when earned, e Pavable 1o cash or TPlus 10% in stock, € Plus 1/50 o'tn stock b Plus $1 a share in special {'Plus 8 in stock. | Plua 2% in I Payable 1740 of a share auarteriy A atack m Plus 87 gin stock nParty stor i.u,m,. in 6414 5314 10415 10414 96 45u a4 93 100 10w c Refrigeratn Stze Bat (16) m-Brantzm(A) nd John (5).. . nzineers Pub S ° E Epkgis FS e 109 100 104% 950 a3t 100 ve good roads W Pine % in o el a Plus une balf of cummon ato