Evening Star Newspaper, November 17, 1927, Page 15

FIN * GILT-EDGE BONDS -~ INGOOD DEMAND Government, Rail and Utility Issues Urgently Wanted in Today’s Trading. BY CHARLES F. 8pecial Dispateh to T NEW YORK. Novel Ing in bonds tod w &t rising prices SPEAR —Trad 1 active werage of the for domestic issues shows a rease from day to day and wds 314 points over the lowest > vear The demand for all fssues was urgent Question of price consideration. In Wher he he gilt-edzed Apparently the 4 secordary ates dvanced m which and the ds - the 3% the past week have risen a full mark lemon t which the fully rty 31 put the 41,s to 110 At the #old close to 10274 three issn 1t which v were buoyant Redemptions Are Heavy. Treasury Department today estimated the total redemption « gecond Liberty 41,5 at $350.000.000 on the part of public holders, which is in excess of the amount anticipated and Wwill probably result in further Govern- ment financing in December Conditions in the Government mar- ket were paralleled in high le rails and pu utilities, n- spicuous 1 roup today were Union Pacitic Refund 43 at an nd- vance of 1% points. Buffalo. Roches- ter and Pitts ch which touched par. a4 sain of 1 point: the new Mobile & Ohio %25, at M ris & Issex at 86 a full poir over the price at which a_ block of about 10:000.000 w few week ock Islahd Refunding 4s, at 86 ago & Northwestern 41, nhove and Duquesne Light 41as, just & shade under 100 The demand was among the The including o & Eastern nd 4s and Kansas City Southern 5s and | 8« International Great Northern Ad- iustment ew Haven s and New York. Wesichester & Boston 4ls dvanced a point to 90 ! New Financing Pending. Considerable new financ is in spect. Tt _includes some Japa- Cuban, Chilean and Italian is- | and a number of important | American public utility and industrial loans. Among the former is one to the Public Service Electric and Gas | €o. of New Jersey. which will bring out for the first time a 412 per cent bond to retire existing per cent tssues, This is the trend of the times. There was a little recovery in Ge man municipal bonds. but a further | loss of 32 point in the new Cent | Bank of Germany 6s, which sold points under the issue price, | PUBLIC UTILITIES. svember 17 (Special). wric Co. in its shows | 38, com- | 87 in the same month alance after tax n sues statement Rross 1 pared with $425 of last year, ehin a’depr contrasted with §1 months ended (¢ pmounted to $4,850 938 in the same hefore. and, balance eharges and depreciation was $1,168,- 229, compared with $1.358.363 i Gross _earnings Commonwealth | Power Corporation and subsidiaries for the month of October were $4,54 and net earnings were $2,110,463, increases of $240 or per cent, end $127.570. or 6.43 per cent. resp tively, ber last year. For th 10 months ended Octol 31, 1927, | gross earnings were $43.549.459 and | net earnings 4483, compared | $18.341,403, re- | made 31 gross against 84,638, of the year after tax of the first 10 months of Am AgriChem 7%: 18 104% Blrote Sudio 0l RUBBER DECLINES. NEW YORK. November 17 (Spe- de rubber, smoked ribbed | wheets, declined % cent at today’s noon | of 37% cents. This com- | 16 A month ago and 407 COTTON GOODS DULL. NEW YORK, November 17 eial). —Cotton goods markets wer today, with pric generally un- | changed. Print cloths were quoted at $% | cents’ for' 64x80x and 9% for| 68x72s. Raw silks were quiet but | steady. | PIPE PRICES FIRMER. ! NEW YORK, November 17 (#).— | Castiron pipe prices show a end. Some makers are still quoting | rimin tender (Spe- ton, torv, with obtain $25. | interests have quoted at ad- < of $2 a ton for each quarter on deliveries for next vear. A firmer n the Middle West, | ) a ton for G-inch | y for 24-nch delivered equal to $26.70 and $26.30 | a ton, Pirmingham WOOL DEMAND SLOW. 1 n mark the loe: ite slow wbing wool 112 115 105 to 1.0%: half | three-eighths blood | ter blood at s3a fal— | ed | w wool | mand. | clean | To French blood, a1 93 to 4 Ohio At 47 1 heavd cents 0% to 105 ind qu we fleece, groase sold | ons we = high as &re Dasis is and predic 4 g0 0 COAL OUTFUT”UP. YORK, Nove 17 ).~ on of dinous coal in th week ended No- | 3 ited 9,300,000 net tons in tional Coal Assoc before HIHRRE D NEW Prodne A. C. L. EXTRA VOTED. | CEW YORK @— | ad declan extra divi- aend of 8154 on the common wiock with i ¥ semi-annual dishursement 50 a share, both | pavable J 10 to holders of rec. ord Decemt EXPECT MERGER TERMS. NEW YORK 17 (P).— Announcement of the te of merger > pat-Fisher Co. with Undde tér Co. The ti unde mber 17 A ol a1h vembeor in 1 of W 1o Under nzed 1 400,000 st be chairms Wagoner isher Co I man erearcd to give revresen Yatt-Fisher and the hanking sroup that bou interest in Lnderwond Trpewriter Co. will be | Nord s, . and | ANCIAL i | Rec (Sales_are Lib3%s. 2 Libist4ls Lib3d 4%s, Lib4th 4%s US 3% 4347 1 US3%s... 161 US 451914, 6 US4yss2. 201 Argentine 5s...... JArgcmme 6s Oct59 | Argentine 6s A. | Argentine 63 B. | Australia 5819 | Australia 5s 1957. |Austria?s..... | Bank of Chile 63s. | Belgium 6s. . Belcium #3%s. | Belgium 7s 1 | Belzium 7s 145 | Belgium 7%s. | Belzium 8s | Bolivia 8s. iRordoxux 63 Brazil 63s.., Brazil 7s. < | Brazil 8s. | Rremen, State, 7s. | Ruenos Aires 7s 57 Buenos Aires 7s 58 Canada 5s 1 | Canada 5s 1 Canada 5 | Chile 7s 14 | Chile s: | Chile 85 1916 | Chinese Gov Ry 5 Con Pow Ja Copenhagen 55 ct., Copenhagen 51;s.., | Cuba 515 Czecho 7145 ret Czecho Rs 1951. Czecho 8s | Danish Munic 8s B | Denmark 6s. IDE151%s Nov DEI5%sMch 5 Dutch Kast 1 6s 47. ! Duteh East § 6s 62, | El Salvador 85 48. . | Finland s £ 65 4 | Finland 7s. | Framerican 71s. | French 7 | French 71 French 8s German El P 61%s. | German Ts. Ger Am Bank 7s. Ger Gen Elec Ts., | Haitl6s..... Hungary Italy 7s Ttaly Pu Japanese 4s. Japanesd 6 Lyon 6s Marseille 6s ‘ Mex1co 4s 04 asntd. Mexico 4s 10 asntd. Milan 61s.... Montevideo 7s. Netherlands 6s 54. Netherlands 6s 72. NOrway 5165, .nons orway 6s 1943 | Norway 6s 1944 Norway 68 1952 Orient Dev deb 6s. Paris-Ly-Med 6: Paris-Ly-Med 7s Paris Orleans 7s Peru7%s.... Poland 6s 40 Poland §s. Prague T%s Queensland 6S..... Queensland 7s. Rhtnelbe Un 7s Ri0 Gr Do Sul 8s. Rio de Jan 83 1946. Rio de Jan 85 47.. Rome 61%s. .. Sao Paulo City Sao Paulo 8s 1936.. Sao Paulo 1950. Saxon (PW) 7; Seine 7s 42. . Serbs Crot Slo 8: Swiss 51431946 Sweden 5%s Sweden 6s. Toho Klec Pow 7s.. Toklo 5. Tokio 5% 1961 Utd Kingm § % Utd Kingm 6s 37 Utd Steam Copen 6: Uruguay 8s....... Yokohama fis w 1. MISCELL., Am Smjt & R 1st b8 Am Smit& R 6s.... Am Sugar ref 6s... AmT&Teltrds AmT& Teltrbs.. Am T & T sf §s Am T & T deb 51s. Am Water Wks 5s. Am Writing Pap 6s Anaconda 1st 6s. Anaconda cv db 7s. Andes Cop 7s rets. Armour&Co 4%s 39 Armour Del 5%s. . dull | Barnsdall 6s 1940, 247 101 Bell Tel Pa 5s C. Beth Steel p i 5s.., Beth Steel 5%s 63. Beth Steel 6s . Brier H St 1st 5%s Blilyn £3d gen 5s... Bklyn Union 5%s. . Central Leather 6s. Chile Copper 5s. . firmer | Con Coal Md Ist§s. 10 ConGas N Y 6%s Cuba Canecv 7s. .. Cuba Cane cv 8s. Davison Chem 6. Dodge 6s i East Cuba Sug 7%s Fisk Rubber 88 Goodrich 6%s Goodyear 5s rets, Hershey 5ls. Hoe & Co 6 Humble O] 5S....a Humble O & R 5%8 [llinois Steel 4343, Indiana Steel 5s... Int Mer Marine 63, Int Paper 6s 47 Int Paper cv 68.... Int Paper cv 65 sta Inter Paper £d 65.. Int Tel&Teles 4% Kan G & Bl 6s52., Lackawa S 5s 50... Laclede G 5%s 52 Lizgett & Myers is Lizzett & Myers Ts Lorillard (P) 5s. Lortlard (P) 78... Louisv G & 136352 M1d-Con 643 40. .. Midvale Steel 53 Montana Pow 58. Mor's & Co ISt 4 %8 at Tube 1S 68, 0. Y 1dison 6%s. .. Y G ELH&P 4s. NYGELH&P ss. Y Tel 4%s. N Y Tel 6s 41 N Y Tel 63 49 North Am Edis 5s. Nor Ohio T & L 6s. Nor es Pow 53. i Nor States Pow 6s. | Pac Gas & k1 5s. .. | Pac T & T 15t b | Pan-Amer Pete 6s. | PhilaCorthsA. [ Phila & RAC & ) b8 | Plerce-Arrow 8s | Public Service €s. . P Serv Gus 5%s 59 P Serv Gas 5138 64 | Remington Arms 63 Sinclair Ol 6s.... Sinclair Ofl 6%s. Tenn Elee Pow fs, Toledo £dn 1st 78, ‘ N NEW YORK Sales. Bigh Low. FOREIGN. Argentine 6s Ju 59, ees.101 . 13 103 : i .36 106% 106% 106% ham, in this terri- | Consumers Pow §s 4% 104% 104% 104% 11 103% 103 240 | J Kayser & Co 51%s 39 10 .10 109% 108% 1087 ed by Private Wire Direct to The Star Office UNITED STATES. US Rub 1st rf 5. U S Rub 7%s. U S Steel st 5s. Utah Pow & Lt 5s.. Warner Sug 7s 39.. West Elec 53. Westn Union 6145.1 Westinghouse b Willys-Ov 638 33., Wilson & Co 1st 6s. Winchester A 7%s. Youngstn S&T 6s.. in $1.000.) Close. 101 24 10121 10124 103 10 103 10 2 10030 1 104 102 11 1079 11013 11512 104 1028 079 108 155 10 1 1 15121 Sales. Hizgh. Low. Close. ¢ 6 911 1% 8 1L 5 100 Atchison cen 4s Atlantio C L cl 4s Atlantio C L 1st Atl & Dan 1st 45 48 Atl & Dan 2d 1s 48, B & O Gold 4s. 39 14 100 100 3 91, 103 103% 106% 1067 10474 104% 104% i 114% e 1097 1045 104 5s 2000 D.‘- 3 1st 68 ct. Bkiyn Manhat 6s Buft R & Pitt 435, 107 | Can Nat 43%s 30 100 | Can Nat 4133 o0 95% | Canada South 55. to 215 1021 10214 | 8 107% 107'3 107% | 10 1015 1015 1017 3102 Jol 102 | San Pac4%s 46... 110 1094 116 {Car Clinch&O 6s 52 } 109% 1095 109% | Central Pacific 4s. . 14 | Cent Pac 1st 58 90 Chesa Corp 55 wi. . Ches&Oov 4%4s.. Ches & O gn 4% Chi & Alton 33s. Chi & Alt 3% s ctfs. S 1001 100 * 109 *1Chi B & Q gen 4353 ot CB&Q4%s77B.. ChiB&Qlstress. 6 ; Chi & 1 Ll gn 5851189 15 105% 104% 104% [ Chl Gt West 4869, 12x 1087 {C M&StP 4s 25 ofs. 3 10312 {C M & St Pov 4148, 16 CM&StPgnilys CM&SLPe ’Cul‘\' W gen 4s., 965 96 9613 | ChiNW 4155 2037 14 100% 10013 100% | Cit & NW ref 55 2 104% 1047 104% | Ch1 & NW 625, 1067 106% 106'2 | Chi & NW s, 115 1157 | Cht Rys 5s.. 85 1107 110% 110% {Chi R 1 & P gn 45, 951 941 5. (ChiR L& Preas 106 106 |CR1Pac4lsw 9819 9815 | Chi T H & S 13 58,0 1013% 101% 101% | Chi T H inc 6s 60, + 10 100% 100% 100% | Chi Un Sta 43gs. .. 1 1015 101% 101% | Chi Union Sta 5. 64 981 97w 25 93 9% Chi Union Sta 63 1 S1% 917 917% | Chi& W Ind en 45, 9 101% 101% 101% (C& W 1 Air 62 . |CCC& StL 4%s o1y { CCC & St L rf 65 A 51 | Clev Term 5. 54 |C&S1stas 5154 | Colo & Sou 4155, 104 | Cuba RR6s.. 103 | Cuba Nor 5 i « 'oars | Dot & Hud 15t rt 48 2 S ook 1ol B0 | Del& Hud bl 100% 100141004 | ola Hud 730 5 1027 102% 102% 4 S fon 102% 102% | Den & 110G en 4a. “lomar 1921 b tio G west s 10 ‘o8 ‘96" ‘oev | Det United 4%, .. 89 98 0% our i Erielstcons is. 6 101% 10L% 101% | Eriesen ta. . & 101istthon 1o, | EESeony 4na, 2104% 104 1043 | Seranminy o iy S i rie conv ext 7s... 105 108% 10414 Lirle & Jersey 68 4 106% 106% 1063 | Erie Genessee It 63 £ A MM e | ERSIER) SRICNS. 15 108% 107% 107% | Gr Trunk stdb 6s. . 10 10615 106 % Grand Trunk 7s... 5 105% 10 { Greau North 125 L 105% 105% 105% | Gt Nor 4%3 76 D.. 61 91l 91'» 91'2{ Great North 5s. 111l 111 111 | Great North §%s5. 6 106% 106 106% | Gr Nor gen 75. 5 106% 106'5 106% | {1uq & Man ref 58, 9935 99% * Loy 1oy, | Hud & Manai 68 9l 99 99 [ ll1Centref 48...00 i, 10213 102 1044 101 10 i 1 5 103 10; 05 1 %105 105% 1981 1081y 1084 24 a1tk 101 103 107 91% 2 104 ) 103 ' . 10 103% 103% 103% ' 111 Cent 4s Swiss Confed 8s... 7 1123 112 112% | 11 Cent 4s 53 104% 104% 104% | L1 Cent 4% s 104% 103% 103% { 111 C-C-St L jt 4% 4 98 | 111-C-C StL&ENO bs. 2 6% | Int Rapid Tran bs. . Int Rap ‘L'r 55 stpd. | Int Rap Tran 7s... 20 106% 106% 106% | Int Gt Nor 5s 1956, ~ 94% | Int &G Nor 1st 6s. 5 109 108% 1043 | Int& G Norad 6s.. 14 91% 91% 94 | IntRYSCABST2.. | Int Rep C Am 65 41 ANEOUS. | Int Ry C A 6345 rot 104% 104’5 | lowa Cent 1st 5s. 8 102% 102 { Kan City FtS 4s | Kansas City S 3s. + | Kansas City S 5s.. Kan City Terrp 4s. | Liake Shore 48 28, 105% 105% | Lake Shore 4s 31.. 108 109 109 : Lehigh Valends.. 9 100 100 |Longlsrf4s49... 13 9115 | Louis&Nash uni 48 6 5 105 | L&D 45 109% 109% 109% | Louls & Nash 6s 58 1071 107% 107% | Louis & Nash 53%s. 4 90% 897 8974 | Louis & Nash 7s; 2 w6% uov 56% | 26% 86l 8% | yprker St1840... 1 100% 101% | M| 451 Ry & L 5861 7 11 T08% 108% 108% | il 1 Ry & L5561 6 5 100% 1004 100% | 51 St P & SSM cn4s 2 22 102 101% 1014 | \isipeSSMssasgt 5 15 104% 108 104% | \'S; p& SSM 5%s 4 2 104% 104% 104% ¢\ & 7 1t 48, 8 WL “IMK&Tadsbs.... 5 {MK&TprinssA, 4 105 (MK&T6sC : 94% | Mo Pacific gen 4s. 84 Mo Pac 5s A65 Mo Pac 55 ¥ 17 Nassau £l 43 51... 145 New Or Term 4s... 2 NOTex&M5s8.. 6 10 95 81 4 95 94w Y5 6 98 97 u8 5 101% 101% 101% | N O TeX 97 86w u5is. 86w | NQTEMSUS 4104 m;y. 104 |9 YC:deeb b 4 119% 118 113 13 b " 1075 | N ¥ Centr15s 1 I o 107 | Nz Cantaeviea... N Y Cent LS cl 3%¢ 102% | NYChi&StL 5%sA. 3 99 98 98 | NYChi&StL 6%sB. 30 100 99% 100 | NYC&StL6sA. 4 102% 102% 102% | NY N Hav& H 3%S 16 100% 100% 100’ | NY N Hav&H 48 56 5 105% 105% 1054 | NY NH&H db 4557 39 81 105% 104% 105 | NY NH&H cvdb 63 10 100 ~ 100% 100% | N Y Ont W 1st 4. . 16 110% 110 110% | NY O&W gen 48 65 15 110% 1104 110% | N'Y Rys 65 65, 17 104% 103% 103% | N ¥ Rys 68 A 65 96% 96l Y6% (N Y State Ry 448, ' 1051 105% | N Y W & Bos 4343, ® 106% 104 106 | Nor & S gen 68 54.. 187 1102 102 Norfolk & W cn 4s. 105' 106 Nor Pac 35 2047... 1047 104 Northern Pac 4s. 23% 123% 12%% | Northern Pac 6s D. I | Northern Pacr 1 6s SUBRTLL ST Ore Short L rfs 48 5 104 1 ~ . | Pennsyl con 4%s.. 10 4 105% | pennsyl gen 414s.. 0 100% 100% 100'% | pennsyl gen 58, 103% | pennsyl 58 64. | Pennsyl 63%s. . | Pennsyl gold Ts... {Peo & B1t4s40.., Uere Marq 15t bs.. PCC&SLL b8 B Port RL& P 68 42, { Readinz gen 4%s.., Rio G Westcl 4s... RIArk& L4%s.. 4829 4 116% 1 955 Y6 110 110 1% 10114 101 110 101 0 111% 111 111 7 1012 101% 101% 101% 101 101% 6 1027 1024 1 1 104 104% 10 31030 103% 1 20 1047 104% 10 8 1021 1017 10 29 9% 96% 19 107 105% 107 2 105% 105%: 1 974 P & KCShL 4%8 San A & Arn P 4s.. aboard A L 4s Scaboard AL 4 sta. Seab A L ref 4s, Seab A L ad] b Seab A Licon 6s... SB Al Fla 6385 A, Sou Pacific clt 4s, Sou Pac 45 29. Sou Paclfic ref Sou Pac 4%5A 77 Sou Ity gen 43..... 2 100% 100% 100y Sou Ry Con 6s 34, 12 107 107 107 SouRy6sse.. 28 109 5 105% 108 Southera Ry 6%4s 97 97% , 98 @ 1007 100 93y 93% 934 9 95 101% 104% 104% 105% 105 105% 1040 104 1041y 981 100'% 1 11 931y 104% 109 101% 0% 1044 112% 105'% 102 1024 106 7 105% RAILROAD. 9814 96 981 81 6% 99 100% 1043 105 110% 102% 1% 9714 1063 90 9614 100 10044 100% 110 100% 121% 102 105% 1047 109% 115) 1005 100% 109 72 9T 109% 115% 997 107% 120'% 1154 89 100% BONDS oo ] T6% 984 100 . 110% 162 111y 97 106% 0 957 997 1005 1007 140 1001 121 100% 1084 105% | 99% 100% | 10418 “ 107% Y7 B4 97 92% 4% | 957 80 103 94 9974 91y 93 9245 Y8% 1051 108 109% 104% 100 103 102% 90% 100 94 92 107% 1047 103 804 102% 1015 53% 91l 107% 1054 114 105% 1134 106% FICN 1043 114 964 | TRADING 1S SLOW ';Turkey Receipts Reported and Birds Are Moving at Unchanged Prices. weather made b | municipal fish market this morning anything but satisfactory. Dealers had ample supplies of marine prod- et demands, but buying was Warm uets to m reported inactive. t week, dealers reported, rices were higher, white meat at 65 and the lump at 90 a pound. Only very few soft or hard crabs are being received and are not in demand Scallops were in fairly good demand $4 a gallon. Clams rce and high, a price of $2 a hun- dred being quoted. Two weeks ago they were plentiful at §1.2 Dealers received falrly large quan- |tities of white catfish for the Friday trade and found it an easy matter to «cll them at 10 cents a_pound. White perch from the lower Potomac were plentiful at 15 cents a pound, while vellow perch were searce at 20 cents. | Rockfish From Carolina. | Carolina netters furn | market small quantities of that were offered at 25 cents. | were quoted barr | cents a pound, ¢ at $. rel or 11 cents a pound | at $24 a barrel or 12 cents a pound. ot fis re quoted as follow alibut Trout or 10 22 a bar- . frozen. 1l cod, 10: haddock, 22, green shrimp, 20; cooked anged nd se- stock | Oyster prices rem ned unch | Standards 2 f; 2 . at a bushel. Poultry dealers continue to receive pplies of turkeys for the Thanks- ing holida ade, no change in prices heinz announced. The buttes and egg markets continue firm and dy. Prices of most commodities were substantially the same as s quoted yesterday Today's Wholesale Prices. Butter—Fresh, 1-pound prints, 54; | tub, 51a52: store packed, 30a31 ‘resh selected, 50a ; current_receipts, 48 Shell fowls, small and mediu! pring chickens, 26; roosters, fancy, 40a43; fi Soef, 18a20: fresh_ham, houlders, 18a moked shoul- : lard, 14%a 15; calves, 1 : Fruit and Vegetable Review. Today's market report on fruits and vegetables, compiled by the Market News & » Burcau of Agricultural Economics, s upplies moderate; demand light, market steady: boxes, Washing- ton, medium to large size extra fancy Delicious, mostly Staymans, Romes and Jonathan; 3 3.00; few higher: bushel . unclassified Yorks and § 215 inches, United Sta up., 3.00. light: ~ des slightly weaker: E per hundred-weight type, 1.00: few higher. ry—Supplies liberal; demand te; market steady; New York, 00 Lettuce—Supplies _light; moderate, market firm; . Iceberg type. 4-i Cabbage—Supplies demand lifornia, dozen, 4508 475 Onions—Supplies light: demand mod- erate, market about steady: New York. 100-pound ¢ Yelloiv: States No. 1, medium s medium to large size. 1.60a1.75; gan, 100-pound s: Yellows. U | States, No. 1, 1.75a1.85 Supplies liberal; demand ew York cked mostly mode: and around 3.2 Russet R mostly sacks Idaho, 1, upplies t slightly w hampers, green, flat stringless, few high : South Carolina, bushel ham- pers, green, 2.23a2 50; poorer low as 1.50. 110-pound Flor hest. Tomato Market Steady. fornia demand steady: Jugs moderate; _market ripes, wrapped, best, mostly ordinary to poor quality and condition, 50a2.50; Ohio, demand lim- i et slightly weaker: 10-pound hothouse stock, medium size, 42.00; few high as 2.2 4175, small size, 1.50al. high .00 Sau Supplies made market ates, f light; demand i dy; Cucumbers—Supplies mand_mode da. 7-bus Jimited te, market steady hampers, fancy, de- Flori- el 4.00a light; demand Florida, pepper 5.00a3.50; choice, 2.50a market fancy light, crates, 3.00. Okra—Supplies light; market dull; Florida, pers, 2.50. demand light, 7s-bushel ham- TexArk FS5%s50 10 106% 106% Texas & Pacific1st 4 111% 111% Tex & Pac 5s77rts 8 103% 103% Third Avaref4s60 2 68 68 Third Ave adj 5. 53 4 Tol St L & W 4s 9 927 Tol Tr L&P 5%s 30 100% Unlon Pac 1st 4s.. 98% Union Pac 1strf 4s 11 98 UnionPaq 1st ref 58 7 116 Un Pac 4%s67.... 4 101% Unlon Pac cv 6s 101% Virginia Ry 1st 6: 109% 101 105% 104 106% 86% 1024 99% 83 1 Y 100% 98% 99 118 101% 101% 109% 1015 10514 104 106% 100% 98% 99 116 101% 101% 109% 101 105% 104 106% 8634 103 100 88 3 1 1 7 Wabash 1st 6s. Wabash 6s 76 B. Wabash 6%s 76 West Maryland 4s.347 87 West Md 5%s77... 31 103 Westarn Pacific 5s. 18 luf; 7 8 Money to loan on Improved Real Estate the National Capital. Applications confi- dential. Prompt service, In- terest rates in and 6% Mortgage Dept. HANNON: & LUCH 1435 K Street Main 2345 AT FISH MARKET at| Crabmeat was nothing like as plen- | continue | rockfish | nd flounders | S. A. L. LOADINGS DROP. Road's Early November Traffic Forecasts Unfavorable Earnings. | Special Dispatch to The Star. | _BALTIMORE, November 17.— | Smaller carloadings of the Seaboard | Air Line Railway for the first nine days of November forecast unfavor- {able earnings for that month com- pared with a vear ago. During the period the Seaboard moved 57,620 loaded cars. This com- pares with 64,088 for the first nine days of November. last year, a de- | crease of 10.1 per cent. RAW SUGAR STEADY. Futures Market Moderately Active in Narrow Range. NEW YORK, November 17 The raw ). — ar market was unchanged with spot Cuban offered at 4.71 duty paid. The only sales re- ported were 7,000 bags of Philippines for March shipment at 4.68 and 17,500 bags for April shipment at 4.75 The raw sugar futures market was | moderately ac and while prices | moved within narrow limits the under- tone was steady. The market opened 1 to 2 points higher on covering and some commission house buying, prob- ably promoted by the steadier show- of the London market and to rep: that a leading Fu- stat soon issue aropean heet sugar crop outturn at 200,000 tons |less than his previous report. The demand was soon upplied, however, | and reactions followed, with midday prices net unchanged to 1 point higher. A fair inquiry was reported for | refined sugar at unchanged prices, which ranged from to 5.50 for | fine granulated. e | CALVES GET BIG PRICE. | Record Paid for Feeders at Kan-| sas City Stock Show. KANSAS CITY, November 17 (). —| A world’s record price for feeder | calves was established at the Ameri- can Royal Live Stock Show here to- day, officials announced when the grand champion ¢ bred by Johnson Workman, sold at $26.50 a_nund The calves, ead of Aberdeen- | Angus, averaging 4:2 pounds each, went to A. H. schmidt, Randd Mo. They were the fir: Angus cilves ever win champlonship in feeder ropean ¥ to the EITECTED TO BOARD. NEW YORK, November 17 (P).— Thomas 8. Lamont, son of Thomas W. Lamont, partner in J. P. Morgan & Co., todee: was elected a director of the Texas Gulf Sulphur Co., to suc- { ceed Willlam Boyce Thompson. 1 o WILL P.AY EXTRA DIVIDEND. W YORK, November 17 (#).— An extra dividend of 50 cents a share on the common stock of Internation- al Cigar Machinery Co. has been au- thorized, payable December 15 to | made all over the BIG HOLIDAY SALES SEENTHIS SEASON Farm Country in Better Shape—Charge Account Drives Help Merchants. RY J. C. ROYL Special Dispatch to The Star. N holiday retail trade is getting into full swing. The first appearance of Win- ter weather in some districts has given sales the impetus they needed, but some sections 1l are sorely need of this encour T all in all, however. holiday sales seem 1 those of 1926, A record-breaking gement. the 192 volume of busi ness in the agricultural communities | s likely, owing to the fact that the buying power of the farmers as rep resented by the amount received for their crops I8 at least 6 per cent higher than a year ago. Few Poor Spots. Sales prospects range from fair to poor in only a few of the most geper- ally recognized trade centers country. Of the cities where trade is expected to be poor, two are in New Zngland, and due to floods or local disruptions of manufacturing. One is in the less-requentel tourist section of Florida, one in the Middle West corn belt, one in the Southwestern oil country affected by low oil prices, two are in the intermountain countr where poor management has been ap. parent to many observe the Pacific Northwest, where purely local conditions dominate the situa- tion. Outstanding feature of the holi- day trade is the ed efforts heing untry not only to tomers, hut to keep them sold. in the last two years have a determined drive for They have been ve ul and this kind of customer has seldom been found to pr a through failure to pay. Today stor all over the land are offering to place items for goods purch this month on January bills, This has been a custom for some little tim But the bane of the charg business is the returns. Charge ac- count customers buy an article and have it delivered and then lose their enthusiasm for it or see something they like better elsewhere. Immediate- ly they call up the store and have the article taken back and the price credited to their account. This involves seli ¢ not one delivery but at least two, and | | 5,9 = creates endless expenses in the book- | keeping and stock departments. Using the “Yes” Methods. Conscquently store owners are using the well known old “yes” methods on customers in order to keep them sold. Seldom does a charge account cus- tomer in a New York store make a purchase today without at least three or more of the sales force making opportunity to compliment her on her selection, on her taste and on her holde: December 1 business acumen. Thy ing can ely to equal or exceed | in | zoods. ken | depends on how you make the sale.” of the| nd one in | account | |in% to his force. { “But did yo FINANCIAW, readily be estimated if these methods are successful. The writer, for example, personaily knows of the delivery of nine fur coats from New York stores to one Larchmont _resident before the sale “stuck.” Not all the coats came from different stores, but at least five stores paid to have a truck run 20 miles from New York to deliver a coat and again for a truck to journey to Larch- mont to carry one back.” The coat finally selected cost $350, and all of the stores wanted that sale, but of all the salesmen and women involved only one kept the customer sold. 0 expensive is this failure to keep a,_customer sold that one of the most efficient sales managers of the coun- has just sent a circular of warn- “I just sold another,” lesman as saying. he asks in turn. He he quotes th 3W YORK, November 17.——The |goes on to impress the salesman that 1d unless he stays of the horse and wagon is gone,” he concludes. “So are the old-time methods of selling Much of our and your success a customer is not sold. ““The day Handbags in Demand. There is always one leader during the Christmas holiday season which cemingly is not subject to the usual {laws governing turn-backs, but is in constant demand—so constant as to make it difficult for stores to main- tin adequate stocks. This year, ac- cording to New York department store is pandbags. color, mate- emingly are in active demand. The shopkeepers explain the de. mand by the fact that the bag no longer is a mere utility, but has be- come a part of the costume. with which it must harmonize both in color and material just as do gloves and millinery. | s el CANADA GETS GOLD. November 17 (P).— The gold movement to Canada has been revived, owing to the present premium on the Canadian dollar, which makes it profitable to_transfer the metal. A shipment of NEW YORK, stockings, ,000.000 | has heen made to the Canadian Bank | Secureq by first deed of trust on real estate *% 15 GREAT PETROLEUM TRUST FORESEEN IN MEXICO Standard of Indiana to Be Nucleus of Great Combine, El Uni- versal Says. By the Associated Press. MEXICO CITY, November 17.—Fl Universal says that a great petroleum trust, headed by the Standard Oil Co. of Indiana. is being formed in Mexico with the holdings of the Huasteca Petroleum Co.. Mexican Pe- troleum Co., East Coast & Gulf Oil Co. and the Transcontinental Petro- leum Co. The Standard Oil of Indiana will ac- quire the Mexican holdings of the Standard Oil of New Jersey. The trust negotiations will be con- cluded in New York, the paper says, when H. Lieb, general manager of the Transcontinental Co.. who now is in Mexico City, returns with con- cessions for the release of lands, for which he has applied to the Depart- ment of Industry and Commerce, LIQUID CARBONIC. NEW YORK. November 17 (#).-- Liquid Carbonic Co. earned $5.90 a share in the year ended September 30, against $11.34 a <hare on 25,000 fewer shares in the preceding 12 months. SURPLUS CLIMBS. NEW YORK, November Surplus of Cities Service Co. for the year ended October 31. available for common dividends and reserve. rose from $14,169.423 the ».— ER_LINOTYPE €O, Y. November 15. 1027, cents upon each of the ares of resent outstanding stock of no par valuo of Mergenthaler Linotype Company will be pajd on December 31, 1927 to the stockholders of record as thes app At the cloas of business on December 3. 1927 The transfer books will not be closed J.T. MACKEY. Treasnrar. Money to Loan of Commerce, Montreal by “its New York branch. On Improved Real Esta Apartment Home 1321 Connecticut Ave. Apply RAanNpALL H. HAGN Incarporate MORTGAGE LoOAN CORRESPONDENT Pravailing_ interest and commission, & Tro Joseph 1. Weller 50, Wash - &7 The New York Life Insurance Company Offers to Make First Mortgage Loans the District of Colun.bis and Nearby Suburbs in Montgomery County, Md, for 3.5 or 10 year terms on your Office B ER & COMPANY Telephone Main 9700 e/ 1&' INVESTM! offered and guaranteed the Reaw Estate Morte are the officers and direct ing safe and profitable L. E. BREUNINGER President PresiorwT L. E. Breuwincer & Sons Constavetion ot FForuer Presioent Cimizen R. L. NEUHAUSER Vice-President Mewaee o THE BaR oF TE Distaict of Col Vice-President PRESIDENT THONAS SOMERVILLE COMPAN PLUMBING SupPLIES PRESIDENT PARK SAVINGS BANK DiRecTOR NATIONAL METROPOLITAN BA PRESIOENT WASWINGTON TERRA COTTA Wol Treasurer HoreL Surruies DisTaict OF CoLuMBiA Division oF NATIONAL GUARD AssocikTion W. F. STICKLE Secretary MrMstR OF THE BAR OF THE DisT) AND T STATE OF NEw FRED DREW Prsioewt Faeo Daew Co CONTRACTORS AND BULLE DiRECTOR SECOND NATIONAL BANK HAYDEN JOHNSON DONALDSON & JowNsO. ATTORNETS. ser e. Bank DirzcroR Taust OFFicER AND ComnsEL. ‘CoMmERCIAL NATL. BANK ‘WILLIAM MUEHLEISEN DONALD WOODWARD Paesipext Wooowano & Lotaoe, DepARTMENT STORE CHARLES A. CARRY Dircror NaTionaL CAprTaL BAnk Caray Propearies, Inc DirgcToR NATIONAL CAPITAL DisTRICT oF CoLuMDA T. C. DULIN SecaeTARY AnD Trasurer, Coupawt, HoreL SuppLies FRANK H. EDMONDS Opricun Dirzcror ContimewtaL Taust Conpant C. 8. DUNCAN THE CHAMBER OF COMMERCE OF UNITED STA ANDREW LOFFLER Presioewt A. Lorree Provision Coupany, Directon Lincoun NATIONAL BANK ARCHITECT AND BuiLo! Miruste L. E. Breonin ‘CONSTRUCTION CONPANY SOL LANSBURGH PREsiDENT Lanssunci & Brothee, DEPARTMENT SToRE HORACE G. SMITHY Sons CouPANY, INC., ReaL EsTaTe Dieecror DisTeicT NATIGNAL BANK Forute Cuaimman, ArpRAISAL CouwiTTer /ASHINGTON REAL ESTATE BoarD. Direcror Park Savines Bank EDWARD C. ERNST | ELECTRICAL ConTaAcTon MICHAEL A. WELLER Duntcron, Dinecror Natiokat Ci DisTaICT OF CoLummm CApiTAL BANK of the Corporation, in select- vestments for your funds: GENERAL MANAGER DULIN & MARTIN CoupaRY COMMANDING GENERAL NATIONAL GUARD OF i % COMMANDING GENERAL OF TWENTY-NINTH Tomatoes—Supplics moderate; Cali- PRESIDENT MERCHANTS AND MANUFACTURERS or CoLuusm DIRECTOR AND COUNSEL MOUNT VERNON SAViNGS PResioNy MouN VERROK SAviNGS BANK DirEcToR WASKINGTON LoAN AND ThuST CoupARY IRANCE COMPANY 0F ™ & ManTin DIRECTOR FEDERAL AMERICAN NATIONAL BANK HENRY L. BREUNINGER ' VICLPRESIOENT AND TaeAsuRER N. L. Sansavry ‘THOMAS SOMERVILLE, Jr. THOMAS ScuERVILLE COMPANY, PLUMBING SoppLITs * VicePresionT, FEoerAL Loan a Discomr Cone, ENT in the first mortgage bonds by AGE & GuaraNTY CORPORATION gives you the benefit of the combined knowledge andex- perience of these men, who tors in- LuMBA THOMAS SOMERVILLE v PRESIDENT WASHINGTON BRAss WORKS. Maj. Gen. ANTON STEPHAN W as of August 31, 1927, this Corporation had— Capital, Surplus and Reserves of . . $2,413,613.78 Total Resources of . . . . . ... . $4,654,210.72 The guarantee on cach bond is given to you as evidence that the officers and directors of the Real Estate Mortgage & Guaranty Corporation have provided every nceded safeguard for your funds. Among these safeguards are: THE TRUSTEE is the Commercial National Bank, of Wash- ington, D. C., which has capital resources in excess of $1,500,000 and total resources in excess of $17,000,000. EconoMIST ASsgciaTion oF RATLWAY EXEcuTives MEuseR Aovisony CoMMITTEE % MAKOFACTURES OF res ne. These 6% guaranteed bonds are issued in denominations of $1,000, $500, $250, $100, and in one to ten-year maturities. Further particulars will be mailed to you upon request. REAL ESTATE MORTGAGE & GUARANTY CORPORATION or PRLsDOXT WiLLer' CousTaicTion Coupany, lac. AL TSURANCE CoNPANY oF Dingcron MErcAnTS BANG AND TausT Coupant 26 JACKSON PLACE C/%\D Invest Now aT 6% IN FIRsT MORTGAGE BONDS THAT ARE UARANTEED HEN YoU invest in bonds sold by the Real Estate Mortgage & Guaranty Corporation, this Corporation gives you on each bond its direct and unequivocal guarantee that every dollar of your principal and interest will be paid in full.” The strength of this guarantee is shown by the fact that, as certi- fied by William Gordon Buchanan, Certified Public Accountant, THE TITLE to cach mortgaged property is guaranteed by one or more title insurance companies of Washington or by some other large and responsible title insurance company. THE LEGALITY of cach issue is approved by Messrs. Donald- son & Johnson, Attorneys at Law. Mr. Donaldson is President of the Commercial National Bank and Mr. Johnson is Direc- tor, Trust Officer and Counsel of that institution.