Evening Star Newspaper, November 29, 1927, Page 14

13 ®» STOCK LIST STAGES FIN RECOVERY TODAY Ford Influence Felt—Rail Shares Slow to Respond to Bullish Moves. BY GEORGE T. HUGHES. atch to The Star. YORK. November 29.—The stock market gave another demonstra- tion today of the recuperative power which has distinguished it after every nd minor, during the me back for the , over all the and in some lost ay than the loss was re- °s more covered Outside co rame today nost effective T the Ford situntion to reckon with and (lvvvn‘ was still the firmer tone in money. It was on these two develop. ments he attack of the bear ha 1 based. The difference ions were exactly the vesterday- that today the market refused to | be intimida Money Goes Upward. at 41 per cent, t renewal rate 6. It was [\OlllIPfi out s was a temporary hardenin Money renewed known just as for Ford, the es which have wern and more sign ocks of producers expected | the fest competition were irrezular, but not | only reasonable infer- ence was that the market had yielded | mede because stocks had been | hing up too fast and not hecause of ooy ehange in the financial or indus- A ataitiona! were. yenswed rious specialties. These, Radio, the highest for all time; Stew- rner, above 82, at a new high for the vear, adding two points to the gain of the day before; Greene Can- anea, also at a new high for the year, above 41, and Montgomery Ward. Which sold above §$100 per share, the highest for this no-par stock. There but the foregoing are | with Ford weak. The in | representa The onl of which could throw these advances any light on the | as that in Mont- s was explained a due to the success of the company chain store system added to its mail order busines: | Electric Stocks Prominent. | Stocks of the electric manufacturing companies were prominent, General Electric and Westinghouse Electric moving forward easily. Mack Truck made a new high, on its present recov s it eouched 112 Then there were Rossia Insurance, waich had a six-point jump, and Mid.| land Steel Products, preferred which showed a gain of 13 points at 225, the first time this price had been touched nce the stock was listed. 2ailroad stocks were slow to respond to the improvement elsewhere in the list. The poor showing in the Octo ber statements was a restraining in fluence. This cannot continue if quo-| tations for industrials are to be main- | tained at their present level. Not withstanding the recent falling off in railroad earnings, the railroad stocks | as a group give larger returns and better protection than the industrials. | Washington Stock Exchange SALES. Washington Rwy. & Elec. conv.—10 at o 5i4s D1d—10 at 108% a'?nfl'rfftrnl""; 5“5'1 com.—T0 at 460, | B Sand Bl pi—10 VAT J05 18" 105 10t 103, 3 \(Prrham- Tran. & Stor. pido—5 at Sanitary, Gr o 310 bt 0 b S U PO TR R O e at 1023, AFTER CALL. Washington Gas 6s “A"—S$500 at 107, l]an 2t 107, S R eion Gas Be Bs300 at 1074 Jasmineton Gan 65 A—8500 at 1067 Bington Rwy. Fnll"lmr!;f'flgand & Gravel n(d—‘fi at 1 Mopey—Call loans, 5 and 6 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY. Bid. Americsn Tel. & Telea, 4s... 605 Tel ¥ Asked . Telenhone 54 Tel. of Va. 58 tal’ Traction K, R & Suburban Georgetown Gas 1st Electric 1st_ 48, I s MISCELLANEOU! Barber & Ross, Inc.. 6145 Chestnut Farms Dajrs 61 Chevy Chase Club 515 Wash. Rwy. Wardman Park Hotel 7 STOCKS. PUBLIC UTILITY. American Tel. & Telsa. Elec, & B oo NATIONAL BANK h. RwY. Wash. Rwy 1 National Cal alumbia ‘ommercial Amer Conur. s & Trust. ' ' nion Wash Loan & Trust SAVINGS BANK Bethesda Savings Sav Ba Pank of Commerce & Fast Wash Savings Banic. Washingion echame TITLE INSU R\\r} Incnrance 2 | Chrysler Cor (3) ANCIA Onen. Hich Low Close 137% 137% 1394 113 1 96 Abitibl Pow(5). | Abrahmé&Straus | Abr&Stras 7%t Adams Ex pf(5) Adv Rumley.... | Adv Rumley pf. | Ahumada Lead. Alr Reductn(17) Afax Rubbe: Alaska Juneau.. Albany Papr(2). Allied Chem (6) Allis Chalm (6). | Amal Leather | Amerada (2). | Am AgricutChm | Am Agri Ch pf.. | Am Bank N(t3). | Am Bk N pf (3). | Am Beet Sug . Am Beet Sug pf. Am Bosch.,..... Am Br Sh ) | Am Brown Bo' | Am Brown Bo pt | Am Can (2)..... Am Can pf (7)., 136% 136% | Am Car&Fdy (6 103 103 10213 10215 Am Chain pr (7) 100 100% 1002 10015 AmChicle (3).. 70 70 70 7 | Am Drug (89c). 145 Am Encau (2.40) 50 | Am Express (6). 174 | Am & For Pow. Am&Fo Po pf (7 1 Am Ho P (240). American Ice(2) | Am Ice pf (6)... | Am Internati(2) | Am LaFr&Foam. | Am Linseed. ... Am Linseed pf.. 115% 11'% 295 13% 50 6974 301y %0 691y | Am Locomot (8) 107 | AmMch&Fy (13) 1544 | AmMa&Fy pf(7) 201 Am Metals (3).. 4% [emuenaprii0 Am P1ano (3)... Am Piano pf (7) Am Po & Lt (1) Am Radlator (5) Am Ry Exp (8). Am Republiic.... Am Saf Raz 4% | Am Seating (14) Am Shipbldg (8) Am Ship & Com. Am Smelting (8) AmS & Rpf(7). Am Stl Fdys (3) 107 156 201 131 13115 131 109 109 109 B T0% j0u 20 2% 116 109 T4u | 58 10 116 | Am Sugar (6)... Am Sugar pf (7) Am Sumatra. ... Am Tel &Ca (5). Am Tel & Tel (3° Am Tobacco (8). AmTobaccoB(8) Am Tobace pf (6) Am Type pf (7). Am W W (m80c) AmWWks pf(6) Am Woolen. .. Am Woolen pf Am Writ Pa ctfs Am Wr Pa of cfs Anaconda (3)... | Archer-Dan (3). Arch-Dan pf (7) ArmourDel pf(7) Armouroflil(A) ArmourofI1(B) Armour 11l pf(7) Arnold Con&Co. Art Metl (1%).. Asso Dry G (2% Atchison (110).. Atchison nf (5). AtlCoast L(t10) At Gult & W1. Atl Gulf&WI pf. Atl Refining (4). AtlasPowder(4) Atlas Pow pf (6) Austin-Nichols Austrian Cr 4.5 Auto Sales. . Autostrap A (3) Balto &0 (6)... Balto & Oh pf (4 Bang & Ar (3%) Bang & Ar pf(7) Bank of Am (12) Barnet Leather. Barnsdl A(b2%) Barnsdl B(b21) Bayuk Cigars. . Bayuk 1st pf (7) Beacon Ofl. Beechnut(t3.60) Boenhnt oI B (7) 174% 177 173% 177 7 117% 117% 117 117% 12 112% 112% 11 61% 61% 60% 60% 101% 101% 101! 22 5214 19 48 51% 591 112 89% 12% T T4 191 50 52% 604 112 881 19 48 511 59 112 6l 4 190% mow ls-lu 190 104% 1047 104% 104% 42 41% 115% lG‘u Iah 116% 117 8 46% 116'% 114% 8l4 8l% 81y Sl 9% 70 69% 70 1124 112% 111% 111% 392 392 390 390 46'% 46l 4615 46% 25 5% 25 25% 25 25 25 25 101 101 101 101 1084 103% 108% 108% 15% 154 15%. 15% 70 1% 70 T0% 115% 115% 115% 115% 21% 21% 21% 21% 56% 57 56 57 54 . 55% b54% 55 111% 117% 117% 117% 1 Bethlehem Steel Beth Stlpf (7).. Bloomingdale. .. Blmingdie pt (7) 111 Blumenthal pf.. 85 Bon AmiCl A (4) 64% Briggs Mfg Co.. 24 26% 244 25% BritishEmp2d.. 3% 3% 3% 3y Bkin-Edison (8) 195 197 195 197 Bklyn-Map (4).. 56% 57% 56% 57% Bkin-Man pf(6). 84% 84% 843 84% Bklyn Un Gas(5) i45'% 150% 145% laO Brown Shoe (2% 44 447 Brunswick B (3) 34% 341 33 Brunswick Ter.. 15% Buft&Susq pf ( 53% 534 Burns BrosA (8). 100% 101 Burns Bros (B). 18 Burroughs«d 14 133 Bush Term (b8). 68% 68% Bush Ter de (7). 109% 109% 10 64% 64% 64 100% 10[ 18 109% | Bush Trm pf (7) 116% 117% 115% lllm Butte Cop (50¢). Butte&Super (2) 9 9% Butterick (ll).. ISW lah 44y Byer & Co... 82 " ByarhCnnl(T) 110"4 110 " 1107 1107 Calif Packg (4). 67% 684 67% 68 Calif Petm (1).. 22 23% 22% 22% 1% 1% 1% Calumet & Ar (6) 94 95% 94 94 Calu & Hecla (2) 18% 19 18% 19 Can Dry (¥3%).. 51% 51% 50% 51 Canada Sou (3).. 64 64 64 64 Can Pacific (10). 1974 199% 197% 198% CaseThreshg(8) 272 74 270 Cent Alloy (2)... 29 29 28% Century Rib M... 13% Century R pf (7) 85 Cerro dePas (15) 675 Certain-Teed (4) Certo Corpn(t4) 4m dm 4 9 | Chand-Clev Chase Nat 569 Chat-Ph Bk(16). 542 Chfilfiuhln(l“) 207 C& O Corpn (3). 824 Ch! & Alton,... T Chi & East il pt 7214 Chl Great West.. 127x Chi Gt West pf., 29% ChiMIl&StP.. 17l Chi Mil & StPpf 33 CM&StPefs.. 17 C M&StP pf cfs.. 321 Chi & Nwn (4).. 90% 9 Chi Pne Tool (6) 132 1-15’/5 132 135% Cht Rock 1s (5). 106% 107% 106t 107 CRI&Pf (6). 103% 103 103% 103% CRI&POf (7). 110% 111% 1104 111% Chi Yellow C(4). 43% 43% flh 43% Childs (32.40).. 556 55 ChileCo (2%).. 374 37% Christi B (1.20). 66 69 584 58% BTw 5T Chrysler pfA(8). 114% 114% 114% 114% City Stores (B).. 55'% 554 b54% 55 Cluett Peab (5).. 79% 79% 791, 9% Coca-Cold (5)... 125 125% 125 125% Colllns & Alk(4) 93% 9414 93% 94 Collins&A pf (7) 106% 106% 106% 106% Col Fuel &Iron.. 756% 78% 75 77% Col & Southn (3) 124% 124% 122% 124% Colo Sou 1st (4). T6% T6% 764 Col Sou 2d pf (4) 75 75 75 Col Gas & El (5) 91% 92 911y 2 208Y% 82 T 2% 13 29 18% 34% 18 344 90% 208% 207 825 81% Tm T 2% 2% 13 12% 20% 29 18% 17 34 32% 3 n.n MISCELLANEOU R'i» In: it Titie Inv 351, 108 108 joai 110 10 Rarber & vy Chase onotspe : I Lflwaml & Stor. 3 1 tpe. . wm; 13 102% ‘i4 108% r & Tnv. pid Stores vid Ballroom on Air Liner. A dance floor is part of the air liner which is being constructed for the proposed service betweepr Eng- land and Australia. This lype of ship now being built for the Im- . perial Alrways will carry 100 ypas- sengers in the utmost comfort Col GEE pf A (6) 108' 108% 1084 108% Col Carbon (4).. 96 9613 o |ComCrpt (1%). 234 | Com Cred pf 634, 86 | Com Inv (3.60). % 5T | Com Solvents(8) 1% ‘Com Powr (2%). | Com Power rts. . Conde Nast(2).. | Congoleum-Nair "rung(‘:n(uw Con Cigai Consol Dtnrlhut 4 Consol Gas (5).. 1184 120% 1184 1293 ConsolGas pf(5) 101 101 1007% 101 ConRRCuba pf6 71% 71% 7l Tlu | Consol Texttle.. 3% 3% 3% 3% Cont Bakg A (4) 57 57 57 57% Cont Baking B.. 7 7 6% Cont Bak pf (8). 96 974 96 Cont Can (5). 9% 80 Cont Insur (6).. 234 :36 Cont Mont (80¢) 11% 117% Corn Prod (13). 647 66 Coty Inc (16)... 114 114 CrucibleSteel (6) 577% 877 Crucible p£(7).. 114 114 114 114 Cuba Cane Sugar 6% 6% 6% 6% Cuba CaneSupf 31% 31% 304 304 Cuba Company.. 2i% 244 24% 24% RT% RT% + | Gulf Mo & Nor.". Household (f4). 67 i Kresge Dept S.. THE Open. Cuban Am S (1). Cudahy Pkg (4). 537 Curtiss Aero.... 46 Cushman's (§4). 140 Davison Chem.. 34 Deere&Co pf (7) 114 Del & Hud (9).. 182 Del L& W (7). Devoe & R(2.40) Diamd Mtch(8). Dodge Bros Cl & Dodge pf (7).... Dome Mines (1). Dunhill Int (4).. Du Pont (t14%) DuPont deb (6). Eastman (18) Eastman pf (7). Eaton Axle (2).. S1senlohr & Bro. El AutolLt (16%) Electric Boat. Elec Power & Lt “ Slec P&LE pf (7) 10*' High 21 54% 46% 140 34 14 1824% 138 3814 1414 381y 1411 18 673 17 115% L1681 10% HT Em-Brantgm(A) 5nd John (5)... Endicott pf(7).. Engineers Pub 8 Erie RR..... Exchange (1%2). Fairbanks (3).. Fed Ligt(h1.40). Fed L&T pf (6). Fed MotT(fsuc) Fid Phoenix(4). Fifth Ave (64c). First NatS(1%). Fisk Rubber.... Kleischmann (3) Foundation Co. . Fox IIlm A (4). Frank-S pf (7). 1107 Freept-Tex t4% 95 Gabriel Sn (3%3) Gardner Motor.. Gen Am Tnk(4). Gen Asphalt. . Gen Bakg pf (8)., General Cable A Gen Cigars (4) .. Gen Elec (15). GenElec sp(60c: 341y 384 98ty 1 12 | Gen GasA(ol1%s) Gen Mot (1715). Gen Mot pf (7).. l.. 3 Gen Qutdr Ad(2) o5 Gen Ry Sig (6). Gen Refrac (3). Gillette SaR(15) 954 394 19% 95 69% G Glidden pr Gold Dust (3). Goodrich Ru (4) Goodrich pf (7). Goodyear Tire. . Goodyr 1st pf(7) Gothm S H (2%) Gotham new 23 Gould Coupler A Granby Con Min Grt North pt (5) Gt Nor pf cfs(5) GrtNor O (1%4). 234 Grt Wes S(2.80) 374 Gt West S pt (7) 119 897 9 8% 55% s 51t 20% 400 .mv. 363 3o 99 100 97 375 8% 55% b2 6215 20% 403 B0% Gulf States Stee) Hanna 1stpt.... Hrtn B b10%stk HockingVal(10) Hoe & CoA..... Houston Ol ... Howe Sound (4). Hud Man (2%). Hudson Mot (5) Hupp Mot(1.40). Illinots Cen (7). Indep Oil (1)... Indian Mot (1%) Indian Mot pf(7) { Indian Refining. [ Inland St (23) . Inspiration Copr Intcontl Rub(1). . Internat Agri... 11% Int Agricul prior 53 Int Bus Ma (4).. 100 Int Cement (4) IntCom Eng (2) 52% 5d% Int Comb pf (7). 102% 102% Int Harv (§6)... 23815 243 IntMtch pf(3.20) 90 90 Int Mer Mar pf. 38% 39% Int Nickel (2)... 67 67 Intl Paper (2.40) 774 81 Int Paper pf (7). 108% 109% Inter Salt (6) 68 70 Intl Silver... 190 190 Intl Silver pf(7) 126'% 126% Int Tel & Tel (6) 151 151 Jewel Tea... % Jewel Teapu'l) 119‘4 119% Jones Bros Tea. 28% 29% Jones & Lau (7). 121 12i Jordan Motor. 14% 4% KCP&L1st(7) 116 116 Kan City South., 62% 63% Kayser J (4). 63 64 Kelly-Spring.... 29 30 43'% 524 685 29 30% 134% 134% 24 25 854 35 96 9 3% 194 % 100% 6% 5 Kels-Hayes (2). Kels Wh pf (7).. Kennecott C (5). Kinney pt (8)... KraftCh (11%) Kresge (1.20)... 2 % Kresge SS pf(8) 115% ll ‘s 15 16% 57% 57% 94% 944 35 85% 3% 83% 13% 14% 96% 97 24 26% 108 - 106 B1% 82 ’UA Kresge DS pf... Kress SH(h1%3). Lago O1l (76¢; Lambert Co (16) Lee Tire & Rub. LehighVal(3%). Lehn & Fink (3) 39% 39% LifeSav (1.60).. 23% 234 Lig&MyrsB (f4) 121% 122 Lig &M pf (7)... 133% 133% Loew's Inc (2) 564 5T% Loft....cceo00es 6 6 Long Bell A (4). 27% 2% Loose-Wil(1.60) 53 554 Loose-W 1st (7) 120 120 LorillardCo .. 40% 41 Louisiana Ofl... 10% 10% LouisGasA(1.75) 26% 2 Louis & Nash(7) 1543 154% Ludlum Steel(2) 3% 25% MacAndrws 2.60. 48% d48% McCrory (1.60).. 82 82 McCrory B (1.60) 86% 897% McCrory of (6).. 110 110 | Mack Truck (8) 108% 112% Mackay pf (4)... Macy RH (5). Mad Sp Gar (1). Magma Cop (3)., Mallison & Co. Mallison pf (7).. Manati Sugar pf. Man EIl Sup (5). Man El m g (d5) Man Shirt (2)... Market St prio; Marland Oil. . Mar Rock(t3%). 49 53 Martin-Pary (2) 17% 173 Mathieson (4)... 128 128% May Dept 8 (4).. 88% 89u Maytag (13). 30% 30% Mexican Seab. 6 6 MiamiCop (1).s 16% 16% Mid-Continent. 28Yy 284 Middle States... 2% 2y Mid StatesOfllet 1% 1% Midland pf (+12) 211% 235 Miller Rub (2).. 244 24% Min St P & SSM. 47 MStP&SSM 11(4) 6! it M St P&SSM pf. 7 % Mo Kan & Tex.. 42 42 Mo K & T pf (6). 106% 07 Missourt Pacific. 524 53% Missour! Pac pf. 113% 114% Montana Pow (5) 103} 1037 MontgmryW(4). 98 1024 Moon Motor...... Th Mother L (50 Motor Met (3.60) Motor Whi (2).. 2l 49% 5216 55 46Y% 324 33w 52% 524 35 3a% 5209 4 | Munsingwr (3).. Murray Corpn.. Nash Mowr(vb) . s. 2 Nat Biscuit(17). 156% 164 NatCash R (A)3 45% 46% Nat City Bk (20) 731 1732 Natl Dairy (3).. 634 63% Nat Distiilers... 50 51t Nat Distillers of Nat Enamel & 8. 26 2Ta EVENING STAR, Low. Close 21 b 140 3315 114 182 69% 8219 .fl 161 140 334 [ Nat Lead (5)... Nat Pw&Lt (80c* at Radiator (3) Nat Surety (10) Nevada C(1%).. N Y Atr Br (3).. \\C&SKL f(6). NY Dock. . Y Dock pf (5). Y NH & Hart.. Y NH&H pf(7) NY Ont& W (1). "IN ¥ Ratlways pf | NY Steam pr (6) NY Stm pf A (7) Norf & Wn(110) NorAm b10%stk North Am pt (3) North Pac (5)... Nor Pac efs(5) orwalk Tire. Nunnally (1.50 Oll Well Sup Omnibus. . Omnibus pf (8). Opnhm Col (4).. Orpheum Cir (2), Ous Elevator (6) ,' | Otis Steel. | Otis Sl prior(7)” 34| Owens Bot (C16) « | Pacific Coast | Pac Coast 1st | Pac Coast zd pt. | Pacine Gas (z).. #| Pac 01l Stubs. 109% i Kelly Tire 8% pf 924 92% 631 6314, 63l 26 Packard (3). Paige Motor, tan-Am Pet (4). Pan-AmPetB(4) Pan-Am West B. Panhandle. .., Panhandle pf rarmt-Fam ( Laramt-§ pt (3) Park Utah (80c) | t'athe kixchange, Pathe Lix A (4).. Patino (az.10). DPeerless Motor Peunbix Cmu(2) Ponna R IR (34 ) Leoples Gas (¥). Peoria & kast. Pere Marq (13).. Pere Marq pt Pere M prior (5) PhilaCob % pe(s) Phila&RCH... Phila&RC& cfs. Phillipa Pet (3). Phoenix Hoslery | Plerce-Arrow. .. Plerce Arrow pt, Lierce Oll. Plerce Petre Piilsbury (1.60). Pitts Coal. , Pitts Ter pf (8). Pitts &W vas). PorRicoTobA(7) Porto Rico To B. Postum (8) . Pressed Stl Car. Pr Stl Car pt (7) Prod & Renhners. rub Serv NJ (2) Pub Serv pt (6). Pub SE&G pr(s) Pullmn Corp(4). Punta Aleg Sug. Pure il T1.87%. Purity BakA(s). Purity Bak B (2) PurityBak pf(7) Radlo Corp ot A. Radio C pt (3%) Reading (15)... Real Silk Hos Real Silk pt (7). IRe1d 1ce Crin(i). ReidlceCr pf( Remingtn-Rand. Rem-Rd 2d (3).. Kep Ir & 5U (4,. Reynolds Spngs. Rey Tobac B (5) Robt Rets & Co. . ROSS1a Lus (6). . Rossla 1ns Co rta Royal Das.13% . Rutland pt.... L Southwest. Savage Arms. Seagrave (eL.20) Sears-R (nzlg)., Seneca Coper. Shattuck I G (2) Stmmons (2) Simms Pete, | Stnclair 01 Sinclair pt (8). | Skelly O11 (2) Sloss-Shf pt (7). Suider Packg Co. Snider Pkg pt. So Por Ric S(f2) uth Calif Ed.. South Dairfes A. Sou Dairies 8 South Pac (6). Southern Ry (7 | Spicer Mfg. | Spicer pt (8 |G & B 3%). | St G & E pt (4). Std Mill (5).. Std Millg pf (6). StdotiCal(128 ). StdOILNJ (T134) 4 | Std OLNY (1.60) Sterling Prod(16 Stewart-War (6) Strom Car (2)... Studebaker (5).. Submarine Boat. Sun 01l (11), Symington, , Symington Cl A Telautogra (60c) Tenn Copper (1) ‘Texas Corpn (3) Tex Gult Sul (4) Tex & Pacific. .., Tex PC&O(60c) . Tex Land Trst n Thatcher Mfg. ., Thatchrp?(3.60) Third Avenue. ., Tidewatr As Oll. TIAWASOLIpf(6) Tide W Oil pt (5) Timken (15).... Tobac Prod (7). . Tobac Prod A (7) Transeont Ofl. . Transue & W (1) Underwood (4).. | Un Bag &Paper. Union Carb (6).. Union O1) (123) Union Pac (10). Un Pacific pf(4). Utd Cgr St p£(6) United Drug (9) Utd Drg 1st (3% Utd Dyew pf (7) Utd Frutt(t53%). USCI1P&F (10) USCIPDL (7)., U S Distributing US Dist pf (7). U S Hoffman (4) U S Aleohol (5). U S Leather w1, US Leather A.., | U'S Realty (4)., U S Rubber. . U'S Rub st (). USSmelt (3%). USSmpt (3%). U S Steel (7)... U S Steel pf (7). Un Leaf Tob (3) Unt Pic 1st pf(8) Univ Pipe(t23) Utl P&Lt A (e2) Vanadium (t4) Van Raalte Vick Chem Victor Tlk Mel Victor ¢v pf (6). Victor or pf (7). va.Caro Chem. . va-Car Ch 6% pof va-Car Ch pf (7) Vulcan Detin. ... Vule Det pf (7). Wabash...coees Wabash pf A (5) Waldorf (1%)... Ward Baking B. Warner Plc A... Warner-Quia(2) D, TUESDAY, Oven 1304 94 obte 1074 il ST [ ). 1oy 5l St L& SanFr(8). | NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. High WASHINGTON. 13112 130% 23 2 Kl 1070% 124% 105% __NOVEMBER _ 29. 1927 97 ; \ B 424 | Liow 1981 63 il 99y 970 | 3 | 9 fl.’i‘.‘ 1| 865 | 6 | U6y ! [EE) 1074 st | 83y | 275 1104 B0 { uniform all over the countr; | right “| which | ent | tomac Savings Bank; « | Moran, | number of hardware stores are adding 4than ever in the past. 4 | W Penn El pt (7) | West Md 2d pt W.R.&E. COMMON REACHES NEW T0P |Climbs 20 Points From Pre- vious Sale—Gain for Year Is 279 1-2 Points. BY EDWARD C. STONE. Washington Railway & Elcl'lx'i(‘\ :ommon skyrocketted to a new high | mark on the local |today when 10 shaves changed hands at 455 and 10 more sold § noinls| higher at 460. The 460 quotation rep- resented an upward bound of zvy points over the last sale a few d: g0, As the low n in Railway common is 1801 idvance meant a gain of 279 ver the minimum quotation corded early in 1927, The company’s preferred stock also appeared on the board today, but to the extent of only five shares, which sold at 100. Columbia Sand & Gravel preferred on the list, in volume of trading stood Grocery preferred with an | r ex-dividend at| Electric Power 51; | rred maintained its | strength, moving at 106%. | Merchants Transfer & Storage pr ferred sold at the high mark of 105, One share if Lanston came out at | 106 Once again Washington Gas Light bonds got all the attention in that lepartment. Gas 6s, series A, opened with a $300 sale at 107, followed by a $1,000 sale at the same price an fer at the close at 10 s B bonds figured in a mn turnover at their yesterday's peak price of 107%. Seaboard Karns $1,487,941 Net. ard Air Line earned $1.- after fixed charges in the first 110 mlvll(hi of 1 , or 5. per cent on the adjustment bonds, thus more than {covering a year's requirements on issue. ‘But a sharp decline of | suffered in compauson‘ October m: me ’l\:hLIMP for the ad- 4 justment bonds 24, icom.| pared with $437 the month of 1926. Gross uperatlng oy enues for the month were down $3580, 090 to 34,893,830, and for the 10 months amounted to $51,909,816, com- pared with $56,388,585, Fixed charges were $1,541,793 above the fitst 10 months of 192 Discount Policy Is Changed. It is understood in financial circles that the Federal Reserve Board has changed its discount policy si recent meeting of Gov. Roy A. Young 1and the heads of the 12 reserve bank: No formal statement h; but it is reported that Gov. Young f: vors letting each bank, with the ap- proval of the board, fix its own r discount rate. This means that the 1ate does not necessarily have to be | been issued, New York will naturally make or | ask for few changes, as any readjust. | ment there would affect Iuropean | bank rates. At the same time the | present Reserve Board does not feel | that Western hanks should_be bound by the rate policy in New York. The policy of giving each of the Federal ‘Reserve Banks a larger in dictating discount policy— was thrashed out at length in the Fall meetings of the govern- ors of the reserve banks and the | Federal Reserve Advisory Council— Stock Exchange | What Is Back of Each Share. Total gross assets .... Deductions. 26 Satimated earninza Stock pays dividend of Dividends have been paid since organization Stock yields 5% at 100 (Consult your hanker or broker for more complete information as to valucs back of this stock.) Scrap book this for future reference. If the people of the earth could <tand side by side they would encircle s, the_globe about 15 tim: continuously FINANCIAL. FORD TO AID STEEL. NEW YORK, November 29 (#).— vYoungstown dispatches to V7all Street steel makers feel the trade in zeneral will be stimulate by the new ©ord car, primary steel producers holding the opinion that Ford orders will develop in a large way for first-|' marter Makers of flat olled materials, it is thought, will be enefited especially. Much optimism evails in the ‘area regarding first ter business, Makers of fire- ofing metal materials are eaid to|| e hbenefiting from the prolongation of the construction season in the| Northern States, CHURCH LOANS We are in a_position to handl uction, loans for Churehes and Tnstivn. tiona—Phone Main 56 Wy IF YOU WANT MONEY —to refinance maturing real estate in the ia or vicinity, We have amp |ow- it interest THE COMMERCIAL NATIONAL COMPANY (Inc.) Faid-up Cash Capital. $700.000 Commereial Bank Bidz.. 14t deliveries. on us. funds—charge FIRST MORTGAGES SECURITY LIES CLOSE AT HAND —being represented by care- fully selected improved prop- erty in the District of Colum- bia—in the case of our Overa Third ™, FIRST MORTGAGES A We Will Finance Your First Trust Loans To Run 5 Years No Curtail 5%% Interest Wm. H. Saunders Co., Inc. Founded 1887 Main 1016 1433 K VA of a Continy Our experience of over a Third- of-a-Century has guided us to safe selection. None of our in- vestors, in this long span of vears, has lost a dollar of prin- cipal or interest. B. F. SAUL CO. Main 2100 925 15th St. N Without a Loss N.W. THERE IS NO SUBSTITUTE FOR SAFETY O National Metropolitan Bank Capital, Surplus and Undivided Profits, Over $2,000,000.00 15th St., Opposite U. S. Treasury—113 Years Old OLDEST NATIONAL BANK IN THE DISTRICT OF COLUMBIA D O it is said, will prevent any disputes | = |such as was raised last Summer in the Chicago rate case. Local Bank Women Have Dinner. | i Miss Lois A. White presided at| the monthly dinner~ of the Bank Women's Club last evening at Club St. Marks. There was a large attend. ance of the membership. Guests pre included Miss Marie Bohrman, Beulah Coleman, Miss Lavinia and_Miss Margaret Buckle n Security & Trust Co.; Miss White, ~ Federal-American | Mus. Helen V. Reed, Burk . Alexandria; Miss Etlan Shotwell, Talls Church Bank, Falls Church, 'Va.; Miss Lula T. Carey, Po- Miss_Catherin C. Barrett, Miss Harriet L. Potte Second National Bank; Miss Edith M. Whitton of the Public Service Com: mission, Alexandria; Miss Betty C. Security Savings & Comme cial, and Mrs. Arnold L. Engel, Com- mercial National Bank. It was decided to have the annual [ Christmas party on December 19, Miss Ellen Crawford of the American | ; & Trust Co. being made | hairman. | Hardware Outlook Brighter. With Thanksgiving over, the hard- | ware trade is looking for a very active holid: and Winter trade, Hardware Age will say tomorrow, in its weekly market summary. Reports from the West and Middle West indicates very favorable conditions in respect to Christmas business, which is already under way in good volume. General | observations show that an increasing Nationa toys and other gift items more freely Reserve Bank Borrowing Up. The Federal Reserve Board’s con- lition statement of = 659 porting member banks in leading cities as of November 23 shows increases for the week of $19,000,000 in investments, $42,000,000 in borrowing from : the Federal Reserve Banks, and of $24,- 000,000 in time deposits and declines of $36,000,000 in net demand deposits and $204,000,000 in Government de- D Warren Bros (4) WarF&Pipe Cor. Web & Hell..... 169% West P Po pf(7) Westn Dairy A.. Western Dairy B \West Maryland. West Pacific.... Westn Pacific pt West Unton (8). Westhse A B(2) Westinghse (4). Westhse 15t (4). White Myt (2).. White Rbck(3). White SM pf(4). Willys-Overland Willys Od pf (7) Wilson & Co.... Wilson Co pf A. Wilson & Co pf. Woolworth (6). Worthn Pump. . Worth Pump (B) Wright Aero (1) wrigley (13%). Yale&Town(15). Yellow ‘Lruck. .. Yel Tr&Co pf (7) Youngstn Sh(5). »7 Hourly Sales on N. Y. Market. 11am... 579.900 12 m.... 1,183,500 1p.m..1622000 2pm.. 2,024,800 Diidend raies as eiven i the chove table aro the -nnual cash vayments ba fitest auaricrly OF naif vearly deci Unless ¢ therwise nuted_extra or svecial di dends ' are not_tnclud s 0mis of tradine iess than 100 ehares rpartly extra | Plos 4% 10 sock , 3 Pay. 7 305 87 Unts vear—ne renla n’ conimon stock. basatie | ¢ Plus £ 1n Stuck | P alrl»?‘ I“un a.nwl T can stocl as | 6% 1n ‘orote'® 1 Piue 81 2 hare Successful Financing of Your Old Age You can face the advance of years, and attend- ant impairment of your earning capacity, without apprehension, if you maintain a grow- ing Savings Account, in a strong, old bank such as this. fThe dollars you're careful to bank now, as regularly as Pay Day comes ’round, will be “on the job,” ready to take care of you when future needs arise. OPEN UNTIL 5:30 P.M. TOMORROW and DEC. 1 3% Paid on Savings ONE DOLLAR, OR MORE, WILL OPEN A SAVINGS ACCOUNT Trust Deét.—Safe Deéosr’t Boxes—Forer’gn Drafts HE TOUCHSTONE that transformed the physical face of America and changed the economic bases of American life, turning deserts into farms and building factories in wildernesses, was the iron web of railroads which money, enter- prise and courage spun across the continent. The great age of railroad building was between 1865, the year the house of Hambleton turned to banking, and 1880. It was hard labor—so hard that only Mexicans, Indians and Chinamen would endure it—that built the railroads. It was engineering genius that pointed the way over prairies, around mountains and across mighty rivers to the Western Sea. But it was the faith and money of the great American and English banking houses that called both genius and labor to work. HAMBLETON & CO. Established 1865 SOUTHERN BUILDING—WASHINGTON, D. C. BALTIMORE - NEW YORK - PHILADELPHIA - CHICAGO