Evening Star Newspaper, October 21, 1927, Page 15

FINANCIAL : . WAS N. AY. TR_21. 1927 FINANCIAL HIGH-GRADE BONDS NDS soce wncr] [YACYUM FEATURE | [NEW YORK CURB MaARKET | [ ¥ et 1 o Grmoaees Received by Private Wire Direct te The Star Office. | Received by Private Wire Direct to The Star Office Large Loans a Specialty Insurance Co. foa Rign. T .5 l Cureent .t eate ana commission /0 Loans Sales. High. Low. 2:53. 7 Sureen e ."L::TE,? .fl‘,‘_’.fl.fi.s; Warner Sug Ta41.. 1 1061x 106% 106% Following is thé list of honds and "h-' Ry 4i4m 085 b Higbie & Richardson, Inc. Commonwealth Investment Lo. | Sales. High. Low. 285 | Westinghouse bs.. 16 1037 103's 108% stocks traded in on the New York E 2 ERONT 816 15th St N.W. 917 15tk St NV Phone Main 2023 & I R dep 5 g 3 Lib 3y 5 5 10114 10115 § Westn Union lzx.. 2 1123% 112% Curb Market today: Lib 18t 4 312 10310 10310 | Willys-Ov 6158 3: 1024 102% 1002 1002 Wilson & Co 1st 6x. "9 102 102 Sales INDUSTRIALS. High 2 a7 5 2 e Tiis. 2 106 | ’ H i hundreds. 3 Cit Sery G i 4. hEL LI 2 2 | 0 : 13 3 - o H H TR Y419 5 [ 3 E RAILROAD. | 2 2 £ 2 A \ § 03 BN Sisoke--ShorbMintui- | Toiuivil Bitade st ish | et s aee | SWAN EfiGt on Prioss in iR ; . & E 6L | Atchison gen ds... 15 97% 9713 97% | . i mnakc AT e P A ! 3 . o - B b b 8 | FOREIGN. At & Dan 15t 4848 5 2 TOday s Dealings. 2 “ b 5 Gudahy < DEa b li A ties in Some Demand | L oy e | Atantie ¢ et 1. 12 sau 03 i { P ot Cly Atoit 3 q‘“ta € Lo- flefatlve n |fl’ ss i ntine fs . 991" YR 9974 | B & O Gold 4s. 96t ¢ i ‘ Liw TR 4 Argentine 65 0ctsd 5 99% ¢ 4 B % s 9 W *, HEFFERNAN. ¥ S 12 ir 8. 1085 [ WALTER S. "'l“'l‘-'"‘ Secretal BY CHARLES F. SPEARE. | Arcontinoonaco ) 17 loge e 4| BY WILLIAM F, HEFFERNA fie a5 ; 2 bog Inll e ; i 1)":}.&1‘;’591» smmm 4ith YEAR COMPLETED =R Arzentine 68 B.... 17 99% 9 R Spocial Dispatch to The Star. Aoy Hawalisn. 5 8 4 Helri # Assets ...........$3.228,031.94 Surplus $1.469.905,78 NEW YORK, Qctober 21.—Bonds | AUstralia 58 1955.. '8 48 2 5 NEW YORK, October 21.—The spec- k )& R rORK, Dotober 21 --Bonds | sustralins 1957, 89 975 97w 97 5 ulative markets had to contend today [ Reine” i Morse Ba i Subscriptions for the 93rd Issue of Stock Being Received <o WUt Austria 7 s 7 3 with another sharp increase in brok Am & & 3 * > "'-«ve ‘:m r“\l\P wa”vi'xh:-’;bes of - | Bank of Chile 8135, 5 b i |B&O PLEWY 45, . 612 9615 ers’ loans reported after the close of 3 er 1o Gt b $ STEP UP THE LADDER TO portance. The continued ease in | aigiam 6s 9 p e : bustness Thursday. This brought the aam Superow B jhas sir i et e s ment. beneniea Bia o eein oL B asium S1a. 3 314 103% | Bkiyn Manhat 6s..200 9 q total item to the highest on record, but i L i : E' 31; per cent. benefited the low-in | Belzium 115 Buft R & Pitt 413 7 7% | so far as the movement of prices on : i K s 10 - . FINAN L N . jssues and at the same time exeried | gl 130 s e (CUTD IBRAIRAEL. Wik leoncarnad i "o 10013 i A 1311 some Influence on funior bonds wh g i v 7 2 5 ARSI 8 4 5 Baneitaly Corp. . 1143 112 Lo N 655 100 A | Belgium 71. i 11854 1137 | Canad North 7s or in & 3 ; o Geo & Fla 68 ‘A 5 ings account at turn ranges from 4% per cent 1o | pelsium Canad Pac deb 4s littls uneasiness was felt over the T Blicket Val G&E 13813 1 o s Start a_systematic savings 2 e ] 2 s L, 9 2 S | crease in brokers’ borrowings. B Bliss E W 0. 1 3 R o . 4 the Equitable and provide the way for :\"1 ver cent. - Speculative bonds were 1 8a. . Car Clinch&0 6s The important price change : ;gml\“n :1"‘.'1'. i ! o 58l Financial Independence, Our plan of ;::L:xf:lccd by conditions in the stock e % 99 914 :"ent““x ;}a 5‘; 5 curred on the side of advance ¢ % b T2 Ind nvlkL Gas ts 04 nidis saving encourages thrift In a regular arket. 2 9o 2 gn | Central Pacific 4s o ement Mol ik L s s U0 umulate This week's offerings of new bonds | Centieaostsy numerous instances the improvem N e 15 1 Per manner and helps you ace i 5 ke 9 9 2 1st was impressive. The persistent de- E f money. were the second largest of the vear, | Rrasil 8s. a | Chesa Corp 58 w! ' 997 | and for Vacuum Oil carried the price . e a8 s 57 o8 Share St o amounting to $267,000.000, compared | Bremen. Stxte. 74 10214 1027 [ Ches&Ocvaiss 1005 100% | 5 the highest of the year, Coincident atervil IR 1K : A - g JVith & 28N000000 & Weck dgo. | At the CHARR O #0 £ 1 with its strength were rumors of spe ke 1ot 104 1 2 e i vesent pa Stoher - cith | Canada 5s 1931 ; i 0 [ present pace October will rank with | oo ol 530503 % I e on s, A” g cial distributions to stockholders and ) 2 Lehigh Fow du A 1032 1034 103 June and February as a month of % Chi B & Q gen 4353 5 97% 99 | & SSiBity At italizati tex Co ..l T4s 45 excessive production of new secur Chile 7w 1943 CB&Q41577B. b . | the possibility of ‘a recapita 3 . : b o T DA DRI S = " | Chile 83 1941 9 9 |CB&Q-IIT3 9 plan whereby stockholders would bene- &SP owi o S 1054 Overestimating Credit Status. Chile 851946 i | CB&Q-MIdivis. 15 fit_ substantially. [ i e i Con Pow J. is. L .| Vacuum admittedly is in a position o Boa i 1018 1015 3 (Ui 101 | G [ihate a» tuptncr dnsuek S A Kl e T ot il i : 317 | to declare a 10 per cent stock dividend | 1 PloAG 4 4 3 . g 98 Ry h cent coupon under negotiation® | & D! i . Chl Gt West 48 59. . 52 0 | rectarn feul 46 Gligcsat dnd thers ! 38 A s becoming the popular coupon | GOPAIARSN F3 s el R is little doubt that something special -“‘ 3" 24 B &'l oA s S - for refunding purposes, but it is a g“"‘fi‘r;', CM&StP deb 4s cfs 2 6! e Saten e S 3 - B E R UL RaALAA L Al AL A AL Al Al LA A A A A A Guestion how well unseasoned bonds nfiififlfl’;ifi?{ CRL Eans) & £ 0 next month. One report was to the riles Je R~ Sty ';..‘J A at this low rate will stand up during | & g;‘.fi;};‘}:fl;q‘:;’ 9 49 211 | effect that the stock would be split up - Vi s 3 . BONDE, P CM&SP rf 4148 of. in the ratio of two for one, with the iy gl | i o T The New York Life Insurance Company o Czecho 88 52 s RiCing hat Some o ane g CMasP t new ‘shares carrying a $3 dividend Mak M&SD cv 58 cfs il 0 L CMEStPEs. . Another was that a 50 per cent stock L Offers to Make utility managers have been over- | Damin e on 88! estiniating (he status of their credit. . e dividend would be declared, with the | ol Bl g fe Sh i 100 Cni & NW gen dn.. s B4e Ml bew atock on a $4 annual basis. In ™ . " P 2 ¥ The effort to obtain 5 per cent or| o 1} 5138 Mch & E % o] b kNt ¢ R ” S A 963 96k O6W | J036 Vacuum pald $5 & share, $4 reg- &L nd ot A 1 i i oa 2 F M Sivai o o e B8 S ey WO R A irst Morigage Loans e better for the investor is bringing in | A 7. & demand for xome of the good com- | Paton et 7 o8 43 paratively short maturities. " Again t0- | pyniahd's f 63 45. . . day Armour & Co. first 4138, as a bond | fin1ane 2 ¢ 69 ; h and vields | pyamerican 7548 than many Gf the | prartt ze new 413 per cent issues, were in de- | peerdit o i mand. Denver & Rio Grande consol-|peanty e ® idated 43 were taken up and were | oonCH S5 quite active at 93, or slightly over a | Ger Am Rank 75 5 per cent basis. Most of the sec-Gor AT TN ondary type of public utility honds | Greex s ! are coming out to yield somewhat bet- | Fer e ter than 5 per cent in comparison | bt v § 1014 olland-Amer 63. . 3 ’ special strength in Johns Manville a5 With issues of about the same rank, | pungary 75 Abesepid Tty 995 99% and international utility issues, both 4 Haninese: € 600 A5 LG e a Anlv * = but thoroughly seasoned, which are lHtIInMu B o : quoted from about & 5 per cent to a }::;;7?",“;7 5 96 | oy Term O UL o " " i S A " # lower basis. Colo & Sou 4%8 991 991 e i y B3 o Ry e !:' s S RANDALL H. HAGNER & COMPANY & Dodge 6s Are Heavy. i s ool RAW SUGAR STEADY. : i 107 s 1 N p MORTGAGE LOAN CORRESPONDENT Del& Hud Istrfés 3 95% 9 : 43 Tniotn Gl % Heaviness was shown in such in.|Jergens UM 6s47. Den& Rio Gonds.. 62 93 . 92y e Tolmestany » : 7 5 [} 110 ha o . el Sl i | it 994 g i 8 Futures Trading Light and Fluctu- ok e SR s J005 dods 1321 Connecticut Ave. Telephone Main 9700 ¢ Motors acceptance 6s, which were off | Marseille 6s. - - - Erle 1t cons 45 3 i I & Kni : 5 25 ® point from the recent high; Amer- | Mexico 4s 04 asntd. 19 2 Erlegen ds........127 82% stions Are Narrow, ' ican Sugar 6s, Goodyear and United | Mexico 4310 asntd. ‘| Erleconv 4s A..... 21 7 NEW YORK, October 21 (#).—There *s States Rubber 5s, Loew's 68 and In. | Mexico Ssasntd... 1 4| Eirie conv 48 B. 4| was no change in the local raw sugar ternational Paper 6s were 3 higher. [ Milan 613« . 4 % | Erie cvt 58 67 wi. market today, with Spot Cuban held 5 Hudson & Manhattan funding and in- | Netherland FlaRChs 4. at 4.63 duty paid and no sales re- come 58 were both strong. N Gr Trunk stdb fs Gorted i e market for foreign bonds was Grand Trunk 78 i || eolorless. Italian issues were irregu- Gt Nor 43876 y e ey e vy lar, Poland 8s heavy and Argentine Great North 5%s.. 5 e rertons ‘Wab eleay AN iice 6s, series A, strong and at a premium | Orlent Dev deb Gr Norgen Ts %) at midday were 1 to 2 points higher {' of 1% points over the later issues, | Paris-Ly-Med 63 Hud & Man ref 2 %[ br. ‘covering ‘andi trals. busing. pee- i Adast 08N which have dropped down below the | Paris-Ty-Med Hud & Man aj 5 sumably promoted by private advices 58 5 3 A I 1Y | subecription price of the last offering. A i ; i1 InCent 4n 52 9 from Cuba intimating that the start 23 B&n0c Stre B : 4 : 4 g o et market for high-grade rails was of the niaw srap would be delayed until ¥ fal 3 2 oy el b3 Loans on Real Estate s A Int Rapid Tran 9 January 15. Nothing official, how- fohawic bi 3 Al Bila 97l 3 Int Rap Tr bs stpd. m % 79% ever, was heard from Cuba either in i Nat ¥ g : Wan'dtsn™ g for Int Rap Tran 6s % regard to the restriction of the crop V ; ; RCUBK G 35 | 8 = Int Rap Tran 7 9 or as to when grinding would begin, | & 8o Rug ot " 3% of ,k"fi,fij--;;;:; mw Periods of 3, 5 or 10 Years Inc& G Norad 9 ; and until this s definitely announced St Rad ”h-uuwh- o k Int &G Nor 1st ' e trade at large seems inclined to| 3 Nentune et "A ; Ger Conn Aun fige g IntRysCAb6872.. 16 limit fresh commitments and await 4 Norih 0 Po s Daie 1007 |8 WE HAVE UNLIMITED FUNDS 4 Hamburg St [ DET51s Nov 53 The pool in Newmont Mining got 1 a8 % m‘,.;,““r % R husy with its favorite again and ¢ 3 . Lo, Ca 11 Ml Pov 5oes 15 e -~ Sl A SMRIZPands.. 7 D5 90 1% | Y 0D b more thin a polnt to| A FoTalnA el gt On tmproved Resl Estate in the District of Colun.bia ChiRT& p:“_ 5 on1: @ni.| 104, Pittsburgh and Lake Erie led the 4 F-'I-'vm-';”'“vr\‘a; C A8 ] 11 p 0 51 R 15 X and Nurby Suburbs in Montgomery County, ChITH&SE S8, 13 100 10 alls with a gain of more than 2 points G ¥ 10 Hiff G iy i i Md, for 3, § or 10 year terms on your s ips t %. Reo Motor was selling at Bt f p 5 Hodls o1 ractically its highest for the year| © 3 : 15 s A 5 it SNl Untonstoge s n above 26. Reo is looked upon as one s 5 Seime D8 ] Apartment Office Building . 2 of the companies not affected by e wa ;A8 SW&P 4128 A 038, £ A 74 | Ford competition. Industrial Rayon . 181 R Thea o s 3 Home Business Property 5 Gobel (AL 081 2 1 ) 99 st & woundRinn~Tavnn~wRon=aB— CCC &St L ba. g went to a new high and there was H 17 ibbey Qwena oy ] 1 C P& Le B 000 3 Werster Mil 65s 8 o o & b Went Pow b Dis b :;ang'l‘r" 0. ) 1 1 West Ch 58 47 10145 1014 D avis Botthng: | % Sales FOREIGN BONDS, v Hosiel 01, in thougands, 11 Ag M o fxzx:xzz Y Bawn vradioRandSaans = Government bonds were irregular. Wall Street Briefs ; : ta " b 93 i R IntRy C A 8%s ret 15 " % | developments. “ Nor Sta P C X 3 2 Hanover State 68 98" 98" 98 b R o 0 e s Kan City FtS4s... 6 95% 9 The refined sugar market was un- : = IRt N R BRoRe e T 5 Kansas City S 58... s y changed at 6.80 to 6.10 for fine granu- §tl_Boi 2 p « e 75 A B Easf Kan City Term % lated, with demand light and of a : % 8L 98 50,000 acres, with a purchase of 29,000 hand-to-mouth ch acres of rubber growing land in Suma- s ."cm tra from a Japanese syndicate. Sl ), i B Ohio % - n;g lm’\' con l o e e 104% LehighVal % o POSTUM'S BIGGEST YEAR. 1 Pen 4s49....25 98 Corpofation) mint Aivitma Chorks 113% O R atalis 1 NEW YORK, October 21 (£)— to 38,022 stockholders on October 1, pt |..N..n n.n 8 Postum Co., Inc., is experlencing it: 3 . R & 8% its largést number, the list of share: L ] e largest production year, with a $3:000. | 72 bon Cop Q¥ ‘A g 103 o Gove ral * holders having expanded through the | Utd Kingm 5%s 29. 000 expansion program under w: 80 year, despite the depression in the in- [ Utd Kingm 5%837. 06 RAILROAD Next Monday an eight-hour, three- dustry in 1927. The corporate title|Utd Steam Copen 61 94 1 shift basis will be s will be naugurated. % was changed from Texas Co. early 1 ‘Man Ry 1st 90. this year to give its activities greater | Yokohama 6s w % E mfls SHOW G MISCELLANEOUS. MILElRy & L 58 u 4 NEW YORK, AIN. Residences, Apartments and Business Properties the District ng nearby Montgomery 0., Md. BOSSERFHE| PS Founded 1907 Loan Correspondent of John Hancock Mutual Life Insurance Co. 1417 K St Main 9300 SR {R3ESEERr summmoEzer snoD, P2l 0B o ra =RREEISN latitude. NICKEL PLATE.—Net income of [ Ajax Rubber §s.... 1 107% 107% MStP&8SMcnds 3 the New York, Chicago & St. Louls| Am AgriChem 1% 10 M St P&SSM cn bs. Meaiwn gduare Garden Corporation e Lo L To A ww | (Nickel Plate)” for nine months of | Am Repub dei 30 1 MStP&SSM5s3sgtd WORE of T s & T i il : i i SUW B354 97 #1927 declined to $4,517,876, equal to| Am Smit & R 1st 58 u MStP&SSMb5%s. u ol A R L $2 a share in Rt 2 ividend. *$10.04 a share on the common, from | Am Smit& R MStP&SSM6%s 9 period of 1926. Pac E A $5,748,788, or $15.12 a share, in the | Am Sugarref 6 6 9% 2 Sl A 3 iod last . Septembe) .28 % % il i a5t Th-caralogs Wewe Toam Than| A B & o) tehns T4 10 o Washington Stook Exchange| 48 p3rtet i? & New Bond Issues a year ago, surplus of $392,654 con- 2! MK&TprinksA. 20 4 s Vi ) Washington G Pl & trasting wih #6043, 15 Yoo 1004 i H mmm'&: Bl ";m i DERCUA B A i ] NEW YORK, October 21 (Special)— N o hcoemsinthe 27 104% 1043 Mo Pac 58 A 65. 5 Qationgl Bank-—5 at 285. 2 s 139,571,000 of Mortis & Fssex: Rafivosd South Ameflunhw ng lu‘ldlon ‘was 109 108% Mo Pac5sF 77. C airy ptd. at ‘106, 2 st = 6 o st yefurat |dx nroa reported after the meeting of directors | 4 a0y Cop 7s rets. . 12 107% 107% & O SRS, i i 8 ., first refunding gold mortgage of Wilson & Co. in Chicago today, at | Andes ConTs vete . 3% '3 S0 Nassau El 4851 at x‘fi“xf'xo ORLORY Y E0R, 30 Stand Mot n. .0 3% 'per cent bonds, maturing Decem. 3 § whichi only routing buslzies was trand- | 4 ryugur Dl 635 89% 80% NOT &M 6% b APENS CaLz, g Mot. ber 1, 2,000 priced at 85, to yleld 4.15 8 e i 80 o A i Jl ] erica | A ntie Reftn be.., 5 1003 1005 ; ; per cent. ‘Washington Were reported to have been settied and hington Gas ol adAlla s e o SR b ANTICIPATE contracts signed, but an official said | Barnsdall 651940., 15 97% 97% i ia Tew details still had to be worked | Bell Tel Pa bs B... 1z 105% 106% NYCrfim4i%hs... % &uam mf. ‘Gas 0 873400 at 104%, Georgia Power Co. first and refund- THE FUTURE out. 107% 107% NYCentribs..... g 'l}zfl_v [ %“m P ing mortgage gold 5 per cent series / Beth Steel rf 6 102 101% NYChI&StL 63 sA. xi n Co—10 at 110, 40 NEW YORK CENTRAL—The steel | Beth Steel 5 100% 100% NYChI&StL 53588, Ty ety trade hears the New York Central|Beth St 12 101% 101% 1 Money—Call loans, & and 8 per cons, plans distribution of its rail contracts 15 1044 104 H&H db 48 57 B for between 176,000 and 192,000 tons | Bkivn Ed genbs... 2 108 108 NY HatHovdb 6 ONDS. " in a few days. Bklyn Union 6% 'Y N HavaH clt 62 . 5 e Bush T Blag 55 60, 12 103 102% 20 Bid and Asked Prices. CALUMET =& HECLA-R. = I.|CentralLeather 6s. 5 104% 104% . PUBLIC UTILITY. ‘Agassiz, chairman of the Calumet & 50 95 94% 95 4 A Hecla Consolidated Copper Co., has Amer. -_:tilf & been re-elected president of the Cop-| & Amer, T } per & Brass Research Association. £ DISCOUNT RATE_The Federal Reserve Bank of New York has made | no change in its 3% per cent redis e 1. count rate. 83 844 |OreShortLenbs.. ENGINEERS PUBLIC SERVICE. | Donner Biesl 7 5 96 96 96 |Ore Washlst4 { —Frank L. IBIhhott, presldint of the 113‘-:; g-‘:g. bcsr“l" Thy 1: :?gu :?:’6 et rann-y}con :‘{;- i i ‘ on 4%, 4 e e and trastes of several mete | Guodrich C3is.csse 8 10%-10714 107% Eeansyige s Fash as 68, Golden State . < Oftecing Lo el madsModayjofin S Q% 4 politan banks, has been added to the | Goodyear SSTcts... 82 95% 95% 98% | pennayl 5a 64 | Was , Sres & 1 Kerr Lak 3f JF 15 [naw e offJi010.000 Clypof HarC N &—; LucC ' board of directors of Engineers’ Public | Hershey 532 . 5103 108 108 |Pennsyl 6% Wash: Buw b Biec. 4 ¥ 1 T Rae 8 g ¢ INC. due November 1, 1928 to 1943, by, Service Co., which has assets of $160,- J8.10e. 11 99% 99% 994 | Pennsyl gol o S Lr 1 K 1 000,000 and serves electric power to fi‘.’.?n“ifi%'u“sl 1‘5 99% 99% 99% | Peo & E 1t 4s 4 90 MISCELLANEOUS. White, Weld & Co., Eddy Bros. & Co. 435 STREET N.W. various parts of the South. Edwin S.| HumbleO & R 5328 11 10215 102% 10214 | Pere Mar 13t 45 ; ‘E;;;‘;:;u{- Fous. Inc. 6 ‘,;};"m(;;:gos'fi;mg b ,‘-{1?;"&2'2; MSPHERSON SQUARE, NORTH ‘Webster, president of Stone & Web- | Illinois Bell 1st 6. 3 105% 105 105 |PCC&StL “Afl. % " ey O o 3.50 to 8.80 per cent. Z ster, Inc., also was reelected to the | Indiana Steel 58... 97 105 104% 105 |Port RL&P bs " 4 hl.".vo(n.l“srvm-l:' 5 Patnatey board, having resigned for an extend. | Int Mer Marine 6s,. 55 102% 102} 10214 | Port RL&P 7%8 46. * ash. Mkt_Cold An issue of $10,000,000 in 613 per ed trip abroad. This increases the|Int Paper5s47.... 6 101/ 101% 101% | Reading lfl\:’él . Wardman Park Holel 6‘a cent sinking fund gold debentures board 10 19 members. Int Paper cv 68 21 108% 107% 108% RlnG:V:lx!‘li’:: PUBLIC UTH.ITY with stock-purchase privilege of Inter Paper fd 16 104% 103% 103% { R 1 Ar] American Natural Gas Corporation CLINCHFIELD COAL.—C. Led-|Int Tel&Téleg 448 79 96% 96 964 will be marketed in the near future FIRST MORTGAGES - yard Blair and J. L. Stewart have | Kayser &Co5%s 71 102% 102% 1024 -.,',,A',,,a‘"“"“""“"' Gl e by Q. L. Ohratront & Co. This istue I’Mn elected directors of Clinchfield G&El6s 52 1 106% 106% 106% StL&SFDl4BA.. will be followed by an offering of Coal Corporation. Kelly-8pring 8 2 108'% 108% 108% StL&SFb5%sD.. 50,000 shares, no par value, cumula- RO e .. |KanCP&L5s A §2. 1 105% 108% 1064 | gy 7, g 5 5 adj 6s.. 70 : Rwy. & i ¥ 1 tive stock $7 series, convertible into 2 e he Erie Rail-| Lackawa 8 51 50... 15 101% 101% 101% | 5/ 1 g g ¥ inc 6. ... 76 7 23 . 015 | common stock. | road earned $1.05 a share on the com- | Laclede G 5%5 52.. 7 106% 105 1084 | g 1''s'w con 48 32. . L : 2% i OPPORTUNITIES mon stock, after preferred dividends, | Liggett & Myers 58 2 105% 105% 105% | 0" oo 1o 4 10 . X 23 conamb 8 ; In the nine months this year, against | Liggett & Myers 75 8 123% 122% 122% | g\ b & KCShL 4% 8 o] B0 GEry s urm i San A & Arn P 4s.. 45 . 92% 92 }’;‘,‘,{,‘;;_-,‘M i 4 s vm?“vc" 0 0 o™ TO INVEST Federal- S 7 1 23 t PRI - A Bad, 2300 October 21 UP).— 3:%‘&"? Gn;t!l’y e Sherw T T o 43S SRR SO m R B 3SR S E B0, 0n R b B 5o FEFIFESS BESEES maturing March 1, 1967, is being mar- . Kete® 4 XM by Drexsh & Co.,‘ Fon 4 Old age may mean years of delight- bright & Co., and Harrls, Forbes & ‘ ful fulillment if now, in your prime, Co. at 98, to yleld about 5.12 per cent. you are establishing a capital that will ufi"m{_w"; e, of 32, sn.oooccrn: eventually furnish you A DEPEND- arehouse Co. of Toledo first (closed) mortgage 635 per ABLE_INCOME. Our Partial Pay- cent sinking fund gold bonds is being ment Plan has solved this problem for offered today by A. C. Allyn & Co. 1 1 St T A T B8 many ambitious people. It provides ture September 1, 1942 and are priced for the purchase of a Safe, Dependable at par. ot " The National City Co. and Halsey, emunerative Stuart & Co. offer today $3,960,000 Iy Pl Chicsot e bR bonds, FIRST MORTGAGE due serially January 1, 1929 to 1946, INVESTMENT inclusive, at prices to yield from 3.75 to 3.90 per cent. o oz = = ‘3333 A 35 oo = ISaaa; A L3 =SB DR DA B R B DR S352055 S B L) Northern Pac 5s D. iz 255! yt [oren = = - )N:-oua;.r-au;-..u ,_.- 5SS B s Comiiizy orie 28358 = { 92 cents a share on a smaller amount | Lorillard (P) 55... 1 99 99 ~ 99 of common outstanding in the same LoulsvG&E5s52. 5 103% 103% 108% | g 0y 0arq AL 48 period of 1926, L 48 3 3 e Midvale Steel 5a... 11 100 99 Seab A L et X : o PROFIT ON EXCHANGE SEATS— | Montana Pow b LR A BtabA Loongs, ... X7 10 I Yoo {‘I\‘f"pn‘g‘n’fi'§'r§’1§§,°h"§§= 27‘:12;?:‘:;1‘;; —beckon from all directions e or's & Co 18 s 2 p t P . i s et Proiaon hu | Tube dutEs.ol. 1/100% DOHOIG - 29 3 cond 1§ ¥ el 1 Co. Teports net income of $2,293.488 But not all investment opportu- { Stock Exchange for about a quarter of | N Y Edisonbad4... 2 105 104% 105 'TRUST COMPANY. u' 4 e bl o LR T iti bl % { @ million dollars was disclosed today in A American Secuity & Trust., 48¢ , 4 18% | the quarter ended Beptember 30, cocr. IS arcablctaassurSyoiETds lr;:chmo:;\c;r:’;ar::‘a; b??y r;gr‘rl\; 2 108% 109 | Sou Ry gen 4s. H 5 Ba % &6 pared with $2,662,853, or $2.40 a share do our purchase of membecahip by 1. Philip % 110% 110% 110% | 8ou Ry Consa 94.. 8 Matlonad Sarin 8 | 1in the previous quarter and $2,112,694, SoseS SSSE2 SRR PSR 56, A 2oe voy Ol or $1.91 a share, in the correspondin; been the seat of Arthur 8. Niles, who 62 101% 101% 101% | 8ou Ry [ Wash. Lown & Tri ,,fl( e . ; X s in, ponding el 3101 101 101 |SouthernRy quarter of 1926. Net income for the ot i e ke 1102 102 102 |;roxArk FS6%s50. 3 108% 2068% [0 or anSATINGS BANE. “8 4 H first nine months was $7,809,177, & 6% FIRST MORTGAGES 317,000 1o 122,000, or an average of |PacGas&EIfs... 21 108 102% 102% | rex & Pac 68 37 rts. 16 102% 102% | Commerce & Savines s G n 2 which is equal to $6.60 a share, con- Over a Third ! 319,500, Friderick C. Ford of Detroit, | Pac T & T 586 10 105% 108% 103% ) Tnird Averet s 60 59 68 681 68 an a TN ; Uranted with $6.819,254, or $6.16 5 PhilaCob5'%.s38... 1 103% 103% 103% | 7o) Tr L&P 5%830 l()!)" 2 100% 20 01, —_— p 4 2 = when the average value|PhllaCorf6sA... 1104' 104% 104 nion Pac 1strf 48 96 5. ;&.um(um s Gross earnings of Northern Ohlo will remain intact and safe and ; bR 2 x Plerce-Arrow 8x... 8 94% 94% 94% | ' Pac 4%s5 67 99% 3 N NCE. 1200 Inter Pet © Lid September were $1,012,770 and net in- o that they w i ;'.?J:;‘lwor‘-)-ln}y‘u::t\"}\efi;-)r\y proukht Uie) ublic Service 91070 107" 107" | Union Pace 101% cs 300 Nat. Transit. 17 come $105,068, as compared with $1,- Without a y will return to you Firemen’ ! §n 1922 when the average was $73,000, | P ServGas 5% 4 105% 105% 105% | vy Ry & P 58, 100% g National Union. ';i 8 September, 1926. For tho flut nina Loss % = s | G g0 e $13.000 | punta Alegre 7a... 1 106% 106% 108% TITLE INSURANCE, 3900 570 9nd 73 | months ot the current satisfactory earnings. Inquire ©f Magma Copper for nine months “ - come $936,738, which compares with about the mort e ofl'crin s this year leclined to $1,035599, from 5:::3:8?' 3 ou 2t aet w.-zu-ryunu-.m w/. 4 Lo % °‘ = 3 groes of $3,889,136 and mtolui' 853 gag g Sales &.... !hl-vc ¢ B, H. Rolllnlp& Son t.:c.nmnuv FEDERAL LAND BANK BONDS. | g1y 0ir 5355, wn.gul.ucnt . 2 90% 3 1 son & Co. and Parkinson urr are (Quoted by Alex. Brown & Sons. Cloxing.) | Southwest Bell 6s. 1 1054 1084 105% ?‘“m"h Ed,,o,; Co'cemg!'zl"" m.t B 3 F S g U L C O ‘erred stock, series “ per cent \ 103 4.04 | Sug EastOrient7s. 7 101 100 101 . . . “’ e s 3 it | Sl uIMORE D bbeAL BN par value $25, at $24 per share flat. to ; . Main 2100 925 15th St. N.W. S23 value of membership ranged from Pan-Amer Pete 65, 1 102% 102% 102% | 7hird Ave ad) bs.. 147 60 60 e = » 4 | share in the same period of 1926. of a —that your investment funds was around $17,600. Clarence H. Rey.| Phila&RAC& 158 3 100% 1004 100% | jnion Pag 18t 4s.. . 5 98l ;ga'mmrg-"p{_l.:“n b 838 | Bower Co. and subsidy’ compariies for Century $270.000. Francke joined the exchange| P Serv Gas 5% 1 105% 105% 108% | yirginia Ry 1 109 b oo 3 o f Tl 5 001,809 and_$50,280, respectively, in good and regular measure of MAGMA COPPER—Net earnsings | Remington Arms s 3 97 97 97 A - Cotmpia wije 3 f mines sotaled $9.377.478 and net In m- $1,341,774 in the same perfod of 1926, ‘Western Md 5% 02 ICRLLANEOUS. for the eomlwnm‘ riod of 1926. now available. w offering today $2,000,000 of Southern .,,lo_n)::‘ul,;}:‘ o Bvd Auk-d ;’.’;;5 Standard Oil N J 6s 11 102% 102% 102% w. M. Em]nas Dmm i 9 | Toledo Kidn 1st Ta. 2 108% 108% 108% | pytimated earnings of Western Mary- yield 5.73 per cent. e e o 9 107% 107 107%| japq Railway Co. for week ended 28 9t 93% 93% | October 14 totaled §$391,206.81, as com- 18 103% 103% 103% | 1ared 1o $602,196.90 for the same week 10 .. 11 109% 109 109 jag¢ year. Total earnings for current 415 | Utah Pow& Le5x.. 2 100% 1001 100% figcgi year to October 14 were $17,516, 15;6 Vertientes Sug7s.. 4 10 100 100 39361 a decrease of $994.640.90 from 103 WamersugTaita 6 S s sy cu¥ewepdips pefiod in 1926, ¥ The net power output for the month of September of the electric subsidia- e o, o aled Tanisesss sio trie Co., Inc., , lo- ¢ hours. This compares with 121, THERE IS NO SUBSTITUTE FOR SAFETY '"I 913 kilowatt hours for September, 1926, and l. LY ul‘ of ¢ per ceat. 223 2% 33333=233332832 e o 2833338 ® - o —