Evening Star Newspaper, December 1, 1927, Page 14

"FINANCIAT. THURSDAY, DECEMBER 1, 1927. WASHINGIUN B Q4w < VESTMENT LT FINANCIAL." THE - EVENING STAR, WASHINGTON NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. REAL ESTATE LOANS 5% MONEY for SECOND MORTGAGE LOANS Homes and Business Properties QF STOCKS CLIMBS ! “gh-Grade Rails in Demand I’ew Highs Frequent—Mo- tors Is Uncertain. BY GEORGE T. HUGHES, wial Dispateh to The Star. V' YORK. December 1 1ot quite so wild in today’s the pri ntion was paid to the which | cted in favor of lhe‘ wl_been ialties vostorday The feaiure of the early Atchison, { AmChicpr p£(7 | Am Drug (80c). 1!“- railrod vil. Or snah the $10 A]‘\“]"]‘(l payer ou"hl rapidly into line today with a some 4 points. ex Hn" $2.50 di made Ilh laggare “and. finall Pacific was the lian re Confidence 1s Restored. done more | han this dive: \tehison, for instance. 1s falle Atchison’s nzs for the trading | was the demand for the high-grade | Union - | | Am Express (6) | Am & For Pow. . | Am Ho P (240). Union Pacific, | | Am Locomot (8) | AmMch&: Oven. High, Low. Close 141 141% 141 141 195 195 195 195 131 13% 13% 13 42% 42% 42 42 4 4% 1854 186 8% % 1% . 1% Abitibl Pow(5). Adams Ex (6) Adv Rumley.... Adv Rumley b Ahumada Lead. Alr Reductn(17) Ajax Rubber. Alaska Juneau.. Albany Papr(2). i 4% 185% 187 % 1% 1% 29% 29% 28 28 98% 98 U8 153% 150 150 117 115% L15% 18% 127 12% 81 81 18 30% 304 304 iy 14% 14% 51% 5lly 95 407 Allls Chalm (6). Amal Leather. .. Amal Leather pf 81 Amerada (2) 804 Am Br Sb (J1.60) Am B Shoe pf(7) 12: Am Brown Bov. 1 Am Brown Bo pt -u‘ Am Can (2). 24 Am Can pf (7) -47‘& 137% ldt’q 137 Am Car&Fdy (6 104% 104'% 103 Am Chatn pr (7) 100 100% 100 Am Chicle (3) 71, 717 0% 106 ° 106 106 15 143 14t 6la 5Tls 56l 56l 1720 T2 1720 1720 281, 284 8 284 1064 107 106'5 106% 68le 685 68 68% 304 30% 30 30 09% I HTW BT 6n 64 5 U 7 70 106 Am Encav (2.40) Am&Fo Po pt (7 american Ice(2) | Am Internatic2) Am LaFr&Foam Am Lakra pt (7) | Am Linseed. ... Am Linseed pf 7 107 Fy(t3) 1 AmMa&Fy pf(7) 221 Am P1ano (3)... 24% Am Piano pf (7) £9% Am Po& Lt (11) 64k Am Radlator (6) 137 Am Ry Exp (6). 110 Am Republic 14 Am Saf Raz 141 58 584 58 53k Am Seating (14) 40% 40'9 40k 404 AmShip&Com. 3% 3% 3ls 3k Am Smelting (8) 174% 1775 1730 1741 894 HJ\. BO% 64% 6din bdl 138% 1361 136% 110 109t 109% % 67 6T .| AmS &R pI(T). 130% 130% 130% 1304 vield, the stock ine with in As than 5 per cev »bviously out of of equal th the | e lead- | re Wabash and l rie, . ing to the industri . 1 Biites 1ncindea: the c bad gone up so fast on the ‘h ey mr‘ludt‘d Ray Americ: Iry with others. | B There was nothing new in the affairs | f of any of these corporations, as f: A5 the general public knew. But the | =tocks of all of ()an made new hig Coppers and Tobaccos Strong. Coppers and tobaccos were strong. The first named class represented by Kennecott and Greene Cananea,| while the leaders of the tobaccos were | yuk Cigar, American Tobacco and | ‘Eorillard i In no respect did the market differ | {from vesterday more than in the ac- | ion of the motor accessori Some wf the stocks which are expected to tenefit by the Ford resumption con- “‘inued their advance, but others re- cted and there was great irregularity In the shares of independent pro- ulmcers. Nash was strong. while Hud- don was declining. General Motors ffluctuated uncertainly around the -previous close. Timken Roller Bear-| Ing added to its gain, but Stewart| {Warner sold off. Baltimore Markets BALTIMORE, December 1 (Special). ~White potatoes, 100 pounds, 1.50a 1.95; barrel, 1.25a2.75; sweet potatoes, Marrel, 1.25a1.75; yams, barrel, 2.00a . §3.00; beans, bushel 1.00a1.50; beets, ¥ 2.00a3.00; brussels sprouts, quart, 10a 18;, cabbage, 100, 2.00a4.0 crate, 1.50: carrots, S celery, crate, 1.25a2.00; kale, bushel, 15a25; lettuce, crate, 4.50a5.00; onions, 100 pounds, 1.00a1.75; peppers, crate, .5022.50; pumpkins, 100, 10.00a2 rsnips, basket. 35a40; Apples basket, 35a7 .00; cranberries, box, box, 3.50a4.50; oranges, pears, bushel, 50a1.00. poultry ys, pound, 40a 42; old, Jo poor and crooked breasts, #25; Spring chickens, 23a25; Leghorns, 1#20a22; poor and thin, 16a18; old heln: a 'mall and poor, 16a18: Zeese, 18a23: pigeons, pair, 20a30; (Zuinea fowls, each, 40as: Dressed poultry—Turkey: pound, " 88a42; old toms, 35a36; poor and crook- fll breasl 25; young chickens, 24a25; old ters, 15a16; ducks, 5a28; geese, 20a25. Bggs—Receipts, 357 cases; native Jand nearby current receipts, in free ses, dozen, 43; strictly fresh, dozen, Butter—Good to fancy _creamery, 2: prints, 54; blocks, | 5: 37a38; rolls, 34a36; store rocess butter, 41a42 Hay and Grain Prices Wheat—No 2 red Winter, export, 38%; No. 3 red Winter, export, no = dv'uomflon 0. 2 red Winter, garlicky, mestic, 1.38%: No. 3 red Winter, sariicky, domestic, no quotation. Corn—No. 2 yellow, domestic, 1.00; 2 hob corn, old, 4.90, 5.00 per barrel, }numln.u 3 Oats—No. 2 white, domestic, 60a 3 white, domestic, 59a59%. ¥, 90a1.00 Hay—Receipts, 24 tons. New hay ?" arriving in only limited quantity. i1t is, therefore, mot being officially {graded and sells strictly on its merits, i'«llhln range of 14.00a17.00 a ton, tim- 10.00a14.00 per 13 00a214.00. OBANGE PRICE DROPS. VALENCIA, Spain, December 1 (®). oranges has dropped 5 gs (roughly $6) to 14 ishillings 4$3.:lul a box on the export Kn'mrket. The drop is attributed to excessive shipments, which averaged more thans one million boxes during the last two weeks. Straw—No. jton; No. 2 oat, BAN. KRUPTCY DISMISSED. 3 ‘W YORK, December 1 (#).—The ‘v nkruptey petition A. L. Ful- "l r & Co., the Stock Exchange firm placed in receivership last August fafter a break in the stock of Man- ihattan Electrical Supply, was dis- imissed yesterday by Federal Judge Knox. STEER PRICE HIGH. OMAHA, Nebr.. December 1 ().— 4 shipment of d of yearling Hereford steers put a new top on the south Omaha market vesterday. The steers averaged 1,023 pounds and sold for $17.75. Not since 1919 have steers sold for more than $17.50 on this market. 72 h AUTO SHEETS DROP. December 1 (#).— i $4 a ton have been made in the h_district on automobile body sheets, which are now quoted at 4 cents to 4.15 cents, | Baldwin L (7).. | Barnet Leather. | Col Fue1 & ron... Am Snuff pt (6). 104 Am St Fdys (3) t.l. Am Sugar (6). 104 101 104 ). Am Tel & Tel (¥ Am Tobacco (8). 179 AmTobaccoB(8) 180% Am Tobac pf (6) 1163 Am W W (m80e) 61k 984 21 523 183 Am Wr Pa pfefs 18 Anaconda 3) W Archer-Dan (3). ArmourDel pf(7) 88% 359*, 891, ArmourofliliA) 12 1% Armouroflil(B) K 6 6 Armour [l pf(7) 72 Kt Arnold Con&Co. Artloom (3) Artloom pf (7) Art Metl (133). Asso Dry G (2% Asso Ol (23.20), 1814 177% 1774 1824 176% 176% 117% 116% 117 61% 61 61 93% 98% 22 224 52 blin 181 184 48 53 613 617 Ti 527 0 110 3 25 51% 51% 50' 50% 3un 38% 383 384 Alchison (T10).. 193% 1964 193t 1947 Atchison f (5). 1044 105 104 104 AtICoast L(110) 1921 194% 1921 194 AUGUILE WI.. 404 401 395 39k AUGUI& WL pE. 391 391 8913 Sy, Atl Refining (4). 114% 114% 113% 114 Atlas Pow pf (6) 103 103 103 108 Atlas Tack. THh O TH T Austin-Nichols. 5 5w Austin-Nich pf.. 29 2 29 129 Auto Sales, 9% 9% 10 AutoSales p 39% 4ln 39% 41% Autostrap A (3) 45% 46% 454 46 253 255% 253 2544 124 124 121 1243 118 118% 117% L17% Blly Blyn 814 8liy :g': 46'y 62 46% n 25 24% Bayug Cigars 102 104 lé:h Beacon Oi1. 16% 15% 15% 15% Beechnut(13.60) 71% Tiw 71 7L Beechnt pf B (7) 1164 116% 116% 116% Belding Bros (2) z1% 21% 21 21 Best & Co (3) 56% 5T b56% 56% Bethlehem St 564 B5Y% 54l b4y Beth Stl pt (7) “7"’ 7% 117% 117% BloomIngda 5l 52 51% 514 Blumenthal pt. 87 Bon AmiCl A (4) Booth Fisheries. Booth Fish 1st. Botany C MilisA Brigga Mfg Co. British Empire. British Emp 1st. gzfllhuhmp 2a. 6 n-Edison lfi) 1964 196‘ Bklyn-Man (4).. 56% 56": lggt lggt Bkin-Man Dfl‘). 84% 84% 8dly 84ty Bklyn Un Gas(5) 149% 149y 148% 148% Brown Shoe (2% 44 44 43% 43y Brunswick B (3) 34% 34% 34 34 Brunswick Ter. 154 154 1414 14% Buft R&P pf (6), 99% 994 993 99% Burns BrosA(8). 100'4‘ 100% 100 100% Burns Bros (B). 1T% 17% 17% 17% g::aflr: f,('l) 99 99 99 99 oughs Ad t4 1333 4 3 Bush Term (n2) GB" lg; lé‘;“/‘: x2‘7‘& Bush Ter de (7). 110 o 11 Butte&Super (2) 9% 9 Butterick (g2).. 46 6 Byer & Co, 82l 67 Bald Loco pf (7) Balto & O (6) Balto & Oh pf. Barnsdl A(b3%) 11 9% 464, 824 67 22% 1 96% sees 82 Calif Packg (4). Calif Petm (l)).- 22% Callahan Zine.., 1% g}ulz-‘li& Ar (6) 95% u ecla (2) 18 8 gfiul:lgry"(,'lfi). 5[” il? 5 acific (10). 204% 206 20: Can Pac 1st pd.. 200% 2014 Zl)g:l/: f&}: CaseThreshg(6) 271 71 -67 267 Cent Alloy (2)., 28% z8% 28% 283, Century RibM.. 131 1314 1314 CerrodePas (15) 67% 674 Certain-Teed (4) 53% 53% Certo Corpn(t4) 170 70 Chandlerpf(2%) 17% 17% Chase Nat B(18) 574 Chat-Ph Bk(16). 542 542 Ches & Ohio (10) 208% 209 C&OCorpn (3), 81% 82 Chi & East Ill.., 42 Chi & East 11} pt 73 Chi Great West,. 1i3% Chi Gt West pf, 29% Chi MI1 & St P. Chi M1l & StP p! CM&StPets., C M&StP pf ofs~ 3315 Ch1 & Nwn (4).. 90 Chl & Nwn pf(7) 148 gm l';kaim ;e) 135 134 134 ock Is (5). 108% 1097% Y CRI&P ot (7). 11% 1155 1110 oo Chi Yellow C(4 43% 43u 52% 534 .ms 37% 67 69% 5T 574 11a% 1141 114% 51% 51% b1y 542 542 206% 207 81 2 12% 29% ,28% 17% 17 344 33y 1T 16% 88% 148 148 12’6 284 17% 33% 16% 33 8874 17% 2%). Christ! B (1.20), Chrysler Cor (3) Y Chrysler ptA(8). 114% City Stor A (3%) 5l City Stores (B).. 55 55 56 55 Cluett Peab (5). 79% 804 79 Coca-Cola (6)... 126% 125% 124 Collins & Atk(4) 103 103 99 100% Colllns&A pf (7) 107% 107% 107% 107% 20% 80% TT% 178y ColGas & EI (5). 91% 91% 90’!: 93'& Col GEE pf A (6) 108% IWA% 108 108 Col Carbon (4).. 96 19% Com Cr pf B (2). Com Inv (3.60).. 57 Com InTrpf6% 9l Com In Tr pf(7). 99 Com Solvents(8) 158% Com Powr (2%). €6 5% Com Power rts.. 1 1 Conde Nast(2).. 47 47 47 Congoleum-Nair 8% 9% 284 Cong Cgrs(i4%) 78 179 18 Con Cigars (7).. 19% 79g 79 Consol Distribut % Consol Gas (5).. 119% ConsolGas pf(5) 101% Consol Textile.. 3% Cont Bakg A (4) 56% Cont Baking B.. 6% Cont Bak pf (8). 96 Cont Can (5).... 80% | Cont Can pf(7).. 124 Cont Insur (6).. 243% Cont Mont (80c) 11% Corn Prod (13). 6614 67 Corn Prod pf (7) 138% 139 Coty Inc (16)... 1154 117 66% 1 47 29 8% 79 % llS"/- 118% 1184 101% 101% 101% 3% 3% 3% 56% 64% 65 6% 96 80% 80% 124 124 124 249% vA3Y 249% 11 1% 66 87 the lowest point thi sheets are 2.75 cents to 51 a ton, and galvani conts, also down $1, CrucibleSteel (8) 8774 6 3 6 30% 30% 304 B0% 2 WL, 22 2 Cuba Cane Su pf Cuba Company.. ICuh-n AmS (). Cuban Dom Sug. Cudahy Pkg (4). Curtiss Aero. ... Curtls A pf (7 Cuyamel Fruit.. Davison Chem. . Deere&Co pf (7) Del & Hud (9).. Del L & W (17). DRG Wst pf, Detroit 130 (8) Devoe & R(2.4 Diamd Mteh(8). BrosCl A Dodge pf (7).... Dome Mines (1). Dul S S & Atl pf. Dunhill int (4). Du Pont (114%4) Kastman (18)... Bastman pt (7). 5uton Axie (2).. Isisentonr & Bro. 1 AutoLt (16%) Eilectric Boat. .. tSiec Power & Lt lec P&LL pf (1) i5lec Refrigeratn £ Stge Bat (16) Em-Brantgm(A) 1d Jonn (6)... gineers Pub S Iingurs PS pf(7) Equit BIdg (7)., EquitableTr(12) isrie K K. Erie 18t pt trie 2d pt, Eirie Stm § irieStms ofs 2% Erie Stm S pf(7) isureka(£r4 %) .. Fairbanks (3) ked Ligt(hl40). Fed L&l pr (8).. Ked MotT(f80c) Kid Phoenix(4). First NatScl4). i3k Rubber. . K18k 1SUPE (7)o IFleischmann (3) Foundation Co. . Fox KIlm A (4). Freept-Tex T4% Gabriel Sn (5%) Gardner Motor Gen Am Tuki4). Gen Asphalt. . Gen Bakg pt (8). General Cable A Gen Cigars (4).. Gen Kleo (16).. Genlslec sp(60¢) Gen Gas pf B(7) Gen Mot (173%). Gen Mot pt (1) Gen Qutdr Ad(2) Gen Ry 818 (5). Gen Refrac (3).. Gillette SaR(75) Gimbel Bros. ... Gimbl Br pt (7). Glidden Co..... Glidden pr pf(7) Gold Dust (3)... Goodrich Ru (4) Goodrich pt (7). Goodyear Tire. . Goodyr 1st pf(7) Gothm S H (2%) Gotham new 2% Gotham H pf (7) Granby Con Min Grt North pt (6) Gt Nor ptefsi6) GriNor O (144). Grt Wes S(2.80) Gt WestL S pt (7) Green Canan. Gult Mo & Nor Gulf States Stee) Gulf Sta 1st(7). HacknskW (1%) Hanua 18t pt Hartman A (2).. Hrin B DIV % sLK. HavEl Ry pt(6). Helme G H(111). Hershey Corp... Hershey prior pi | Hershey conv pt. Hocking Val(1v) Hoe & CoA...... Hollander & Son Household (14). Houstwn Vll..... Howe Sound (4). Hud Man (2%). Hud Man pf (5).. Hudson Mot (5) Hupp Mot(1.40). 1llinols Cen (7).. 1l Cen 1sd 11 (4. Indep Oil (1).... Indian Mot (1%) Indlan Refining. Indian Refg ctfs Inland St (2%).. Inspiration Copr. Intcontl Rub(1). Int Agricul prior Int Bus Ma (5).. Int Cement (4).. Int Cement p£(7) int Com Eng (2) Int Comb pf (7). nt Harv (§6) Inter Har pt (7). intMtch pfe3.20) int Mer Marine.. Int Mer Mar pf. Int Nickel (2)... intl Paper (2.40) Int Papgr of (7) Int Ry Cent Am, Inter Salt (6). Intl Silver pf(7) Lat Tel & Tel (6) Jewel Tea. Jones Brot Jordan Motor Kan City South, Kan C So pr (4 Kayser J (4). Kelly-Spring Kelly Tire 8% ptf Kels-Hayes (2). Kels Wh pf (7).. Kennecott C (6). Kinney pf (8)... Kraft Ch (11%) Kresge (1.20)... Kresge SS pf(8) Kresge Dept S Kresge DS pf. Kress SH(h1%). Kuppenhelm(2). Laclede G pf (5) Lago O11 (76¢) Lambert Co (16) Lee Tire & Rub. LehighVal(3%). Lehn & Fink (3) Life Sav (1.60).. Lig&MyrsB (£4) Lig &M pt (7)... Loew’s Inc (2) Loft. Long Bell A “4). Loose-Wil(1.60) Lorillard Co Loulstana Oil. La Oll pf (6%). LoulsGasA(1.¢6) Louls & Nash(7) Ludlum Steel(2) MacAndrws 2.60 McCrory B (1.60) Mclntyre P(1).. Mack Truck (6) Magma Cop (3).. Mallison & Co... Mallison pf (7).. Manati Sugar pf. Mandel (2%).... Man El Sup (5).. Man El m g (d5) Marland Oll.... Mar Rock(t3%) Martin-Pary (2) Mathieson (4 May Dept 8 (4). Maytag (13).. MetroG of (1.89) Mexican Seab... Miami Cop (1).¢ Mid-Continent, Middle State: Mid States Oll ct Midland pf (112) Miller Rub (2) Minn & St Louis. Min St P & SSM. M St P&SSM pf. MStP&SSM l(4) Mo Kan & Tex.. MoK & T pf (6). Missour! Pacifio, Open. 110% i 345 40%s 964 201y 170% e 6% 91ty o84 50 103% 225 6% 23 103% 1034 240 242 134% 135% 126 126% 149% 151% 8 78 29% 29% 17 17 63 634 % T1% 64l 46% 46% 102 102 s4% 34l 82% 83% 14 14 97% 9T% S9% 39 23 23% 122 124% 133% 133'% 25% 26% 48 43 8T% 8T 2T% 27w 111% 111% 116 116 70 + 70 2% 24% 48%% 49m 16% 16% 2% 4 574 58 46 46 35 35% 1% 227 231% "d’fi 28% 3 um 49% %6 8 69% Missour! Pac pf. Montana Pow (5° Montgmry W(4). Moon Motor. . Mother L (50¢). Motion Plo Corp. Motor Met (3.60) Motor Whi (2).. Mullins Body . Munsingwr (3). Murray Corpn. . Nash Motor(15). Nat Acme (sta), Nat Bellas Hess NatBHess pf(7). Nat Biscult(17). Nat Bise pf (7). Nat Cash R (A)3 Nat City Bk (20) Natl Dalry (8).. at Dept Stores. at D St 1st (7). Nat Distillers. .. Nat Distillers pf Nat Enamel & S. Nat Lead (6)... Nat Lead pfA(7) Nat Pw&Lt (80c Nat Radiator (3) Nat Rad pf (7).. Nat Ry Mex 2. Nat Supply (16). Nat Surety (10). Nat Tea (4)..... Nevada C(1%).. NY NH & Hart. NY NH&H pf(7) NY Ont& W (1). N Y Rallways pf NY State Rys. .. NY Stmof A «7) Norf & Wn(t10) NorAm b10% stk NorAm Ed pf(7) North Pao (5)... Nor Pac ofs(5).. Norwalk Tire. .. { o1 well Sup.... | Omnibus | Omuibus p ‘! Opnhm Col (4)... 110% 3T 70 126% 150% % 28% 16% 62"1- bm 29 91 24% 106 82% 88 56 T2% 116% 18 574 94 46% 102 43 824 14 96 39 28% 1224 133 56% 53% 539 5% 28 Orpheum Cir (2) Otis Elevator (§) | Otls Elev pf (6). Otis Steel....... Otis Stl prior(7) Owens Bot (Ct5) Owens B pf (7).. Pacific Coast.... Pacitic Gas (2).. Pac O1] Stubs... Pac Tel & Tel (7) Packard (3). Paige Motor Pan-Am Pet . Pan-AmPetB(4) Pan-Am West B. Panhandle Parmt-Fam (j8) Paramt-F pt (8) Park & Tilford.. | Pathe Ex A (4).. Patino (a2.10).. Peerless Motor.. PennDix Cmt(2) Penna R R (3%) Peoples Gas (8). Peoria & East... Pere Marq (18).. Pere M prior (6). Phlla&RC Philip Mori Phillips Pet (3).. Plerce-Arrow. Plerce Petrolm. Pilisbury (1.60). Pillsbry pf(6%) Pitts Coal. | Pitts Coal pi PorRicoTobA(7) Porto Rico To B. Postum (5)..... Pressed Sti Car. Prod & Refiners. Producers&R pf. Pub Serv NJ (2) Pub Serv pt (6). Pub SE&G pt(6) Pullman (10)... Pullmn Corpt4). Pure Oil (11%). Purity BakA(3). Purity Bak B (2) Radlo Corp of A. Radio C pf (3%) RSIUCefs (4). Reading (15).... Real Silk Hos. Reld lce Crm(8). ReldloeCr pf(7). Remingtn-Rand. Kop Ir & Sti (45, RGDIESDK(’I . I Reynolds Spngs. ey Tobac B (5) Robt Rels & Co.. Rossia Lns ¢6).. Rossta Ins Co rts Royal Da3.13%. St Jos Lead (13) St L& SanF'r(8). St L Southwest, St L Swn pf (5).. Savage Arms.... Schulte (3%). Schulte pt (8) Seabd Air L1 Seab Air L pf Seagrave (el.20) Jears-R (n2¥).. Seneca Coper.... Shattuck &' G (2) Shell Un (L.40).. Shuber The (6).. SImmons (2).eas ) Simms Pets Sinclair Oll. Skelly Oll (3),.. Sntder Packg Co. So Por Rie S(f2) South Por pf(8). South Calif Ed South Dairies A.. Sou Dairtes B. South Pac (6)... Southern Ry (7 South Ry pf (5) SUG& B (3%). StdG & Ept (4). Std Mill (6). Std Millg pf (6). StdONCul(12% ). StdOiLNJI(T1%) Std OIUNY(1.60). Std Plate Glass. Sterling Prod(16 Stewart- War (8) Strom Car (2)... Studebaker (5).. Studebak pt. (7). Submarine Boat. Sweets of Amer. Symington...... Symington Cl A.. Telautogra (60¢) ‘Tenn Copper (1) Lexas Corpn (3) Lex Gulf 8ul (4) L'ex & Pacific. ... Tex PC&O(6 Tex Land Trst o Thatchrp?(3.60) The Fair (2.40). Third*Avenu Tidewatr As Ofl, TIAW ASOLIDE(6) Timken (16).... Tobac Brod (7).. Tobac Prod A (7) Transcont Oil... Transue & W( Twin City of (7) Underwood (4).. Underwd pf (7). Un Bag &Paper. Union Carb (6).. Union Ofl (12%5) Union Pae (10). UtdCgrst(Csuc) Utd Cgr 8t pf(6) United Drug (9) Utd Drg 18t (3% Utd Dyew pf (7) Utd Frult 16%). Utd Paperboard. USCIP&F (10) U 8 Distributing U 8 Hoftman (4) Alcobol (6) . IndAlf pf(7) Leather w 1. Leatprpf(7) Realty (4).. Rubber. . Rub 1st (8), Smelt (3%). us us us us ven. High Low. 114 » L14% 113% 1027 1027 102% 110 110 106% % 7 3% 8n 7 K/ 23 92% 7 4615 95 165 139% sl | 5314 65% | X 9 3084 620 103% 9974, 1095 1207% 364 )3 120% 0% 1034 110% 185 82% 25% 59% 90% 954% 564 81% W07 101 81% Wk 24% 1Y% 110% 70 9% 57 384 (o T9% 89% 58% 5l 120% B0% 89 12 8 17 97 4"‘0 40% 8 119% 139% 100% 6144 6% 8 99 55t 39% olby 249 i35% 831y 45 58 128% LA 3 8 120 120% 140 140 100% 100% 6L 61% 15% 99 63% 704 100 13% 2 34 32 16% 88 127 107% 1484 43% 34 L07% 194 59% 43% 141 20 220 197% L49% 87h 1174 234 53 104% 654 Hav HEsy 1621 18% 41% 162% | usually 122 0% a2 434 103% 110% 169 83 594 0% 97 56% 81% s i 103 9% 1574 3874 110% 9% 89% 59 5L% 120% B0 39 12% B5bn 2% 9T 264 | 21% 8 119% 140 100% 6L% 64% 89% 9 H5% 397 Bl% 1354 B3% 456 b8 123" A | 15% Yk 3% 0% 100 13% 24 49 34 82 16% 884 127 7% 45 149% ash m uma 1 T 43% 141 20 220% 20% 49% 8844 117% 23% 53 1044 6 K 99 | | penses and taxes |a year ago. nmoumed to $50,930 this year, against INCOME SMALLER !| Heavier Expenses This Year Cause Net Earnings to Drop Below 1926. BY EDWARD (. STONE. Net corporate income of the Wash- ington Gas Light Co. for October amounted to $25,829.58, compared with | $32.239.57 in October, 1926, according | to the monthly reports filed with the | Publie Utilities Commission. Operating revenues for the month were $435,336.07, against revenues of $415,605.32 for the same month in 1926. Operating expenses were slight- Iy heavier this year, being $317, 7 compared with $311,519.50 last yea Taxes took $37,192.13 this October, against $32,139.17. Deduction of exi and gross operating inc to be compared wi of $8 The higher revenues for the month were cut down by the larger expense: taxes and other deductions until tb above stated net income was $6,429.99 taxes me of the Heavy Expenses Reduce Earnings. Summaries for the first 10 months of the present year show revenue of $4,381,169.73 T with $4,305,671.08 for the same period last year. The 10 months’ operating expenses amounted to $3,816,644.74, against $2,912 37 a year ago. Taxes were $366,434.77, in comparison with $316,209.33. 2 The larger operating revenues were more than offset by the heavier ex- the net operating income being $977,149.01 as against $1,099,672.51 a year ago. Other un- heavy deductions leave a net income for the 10 months of 01.34, while this figure last year was $630,201.34. Study | shows much heavier depreciation this vear, heavy expenses for the cost of the valuation survey now in progr as well as the considerably hed operating expenses, These sums, to- gether with the expenditures for expansion of mains, etc., explain the drop in net earnings. Georgetown Company Also Reports. The Georgetown Gas Light ports operating revenues of $ for October, compared with § Operating _expen: er while taxes were $3,102.82 rison with $2,750.29 in Oc tober, 1 Deduction of expenses and tax left an operating income of $11,803.44, compared with $8,479 a year ago. Subtraction of all other items left the company with a net October income of $8,040.84, which was well ahead of last year, when the amount was $5,181.09. The 10-month summary shows a net corporate income after all deductions of $77,205.51, an_excellent gain over the same period in 1926, when it was $53,87! Operating revenues amounted to $6: in compari- son with $549,877.. Operat- ing expenses wer 66, com- pared with $440,935.54 last ye: The company paid out in taxes $27,958.06 this year, against $24,335.11 a vear ago. Deduction of expenses and taxes left the gas company with an operat- ing income for the 10 months of $113,- 821.77, compared with the lower figure in 1926 of $84,606.99. $6,000,000 in Christmas Savings. Approximately $6,000,000 in Chris mas savings checks was being dis- tributed today by 26 local banks to 78,000 club members. At the same time the same banks were opening the 1928 club accounts. Releasing of such a large sum of money will be felt in every avenue of trade in the National Cipital and give Christmas shopping a tremendous boost. The clubs during the past year were the most successful yet conducted in Washington. The largest club was reported by tha American Security & Trust Co, which with its four branches had 7,200 members, who de- posited $504,25! Of the banks operating without branches the Mount Vernon Savings topped the list with $388,007, closely followed by the Security Savings & Commercial with $354,069. Other in- stitutions distributing Jarge amounts include Riggs National, $313,63 Franklin National, $231,000; Park Sav- ings, $228,000; Washington Loan & Trust, $222,000: McLachlen Banking Corporation, $210,000; Washington Mechanics’, $208,000; Second National, $204,000; Federal-American National, $197,800; District National, $195,000; Bank of Commerce & Savings, $1 000; Farmers & Mechanics’ National, $113,000; Fast Washington Savings, $101,000; Lincoln 1 only, $100,000; Savings & Trust, 5,000; Washington Savings, $95,000; Columbia National, $80,000: Commercial National, $75.000; North Capitol, $69,000; Bank of Brightwood, $66,000: Anacostia Bank, $53,000, and Chevy Chase Savings. $45.000. USSmpt (3%). 50% U S Steel (7)... 146 U S Steel pf (7). 138% 139 Un Leaf Tob (3) 62 64 Unt Plc 1st pf(8) 9% 98 Univ Pipe(t2%) 26% 27 2644 Ut PELt A (62) 304 30% 30% Utah Copper (6) 140% 141% ]"19 vanadium (14).. 57 _57T% Van Raalte. Van Raalte pf.. in comp 50% 50 146% 144 50 1444 63 98 26% 30% 141 -5y 62 98 6L 3 61% 60% 604 50% 50% 49 49% 106% 106% 104% 104% 100% 100% 100% 127 12% 2% 44t 43% 8w 873 2% 2845 30% 25% Victor cv pf (8). Victor pr ot (7) Va-Caro Chem.. va-Car Ch 6% pf va-Car Ch pf (7) Vivadou (3).. Vulean Detin. Vulcan Detin(A) ) Ward Baking B. Ward Bak pf (7) Warner Pio A... Warner-Quin(2) Warren Bros (4) WarF&Pipe Cor. Web & Hall...... Web&Hell p£(7). W Penn El pf (7) West P Po (6).. West DairyA (4) West Maryland. West Md 2d of.. Westn Pacific pf West Union (8). Westhse A B(2) Westinghse (4). Westhse 1st (4). Weston Electric. White Eagle (2} White Mot (2).. White Rock(13). White Sew Mach White SM pf(4). Willys-Overland Willys Od pf (7) Wilson & Co.... Wilson Copt A.. Wilson & Co pf.. Woolworth (5).. Wright Aero (1) Wrigley (13%). Yellow Truck. .. Yel Tr&Co pf (7) Youngstn Sh(5). Hourly Sales oo N. 11am., 662900 12 m...e 1,200,400 1p.m.. 1,751,500 2 p.m... 2,170,100 Nividend rates as ziven n the cbuve “DR'I‘I lene ro the ~nnusl cash vayments on yearly declarations <f erw‘u.' num:d axtra or special divi no! 65 G54 195% 192%-194 59 56% 656% 67% 65% 67% 313 _30% _30% 88 88 90 89% 9% Y. Market. t Pl ‘*lhln “’lo .lh.Pm in common l‘“ f f\u 2760 EI stock, J Pe « Parlly sira uble stock i Plus 6% in st « Pavanie 40 tv?rc Class A _stock, 3 Partly sioek - 2 5 44% 44 y Plus one-ball of of the different expense items | 138% 138% | ¢ | Pref Unpaid current il Plantation accounts, eic | common arnin, *Owing 10 competitive v | outlook somewhat speculative, (Consnlt_your banker or broker for moro complete. information as to valucs back of this stock.) Scrap book this for future reference. |WHEAT SCORES GAIN IN TODAY’S DEALINGS | Deliveries on December Contracts | Lighter—Unsettled Weather | in Argentina Factor. | By the Associated Press. CHICAGO, December 1.—With d ! liveries on December contracts light than were looked for both here and at Liverpool, values showed an | ly upturn y. A contributing | tor was uns eather in Ar -ntina and a falling off in shipme there. Opening at wheat subsequentl )il‘\h' more Corn, oats visions were also rmer, ing at % to % gain, and later continu- | ing to point up: In every to fill December grain in | Chicago were of less volume than ex- | { pected. This circumstance, with higher quotations on wheat than || were due at Liverpool, had an imme- diate strengthening influence on the | wheat market here and with rains over the harvest district of Argentir tended to give confidence to buyers. Meanwhile Argentine wheat ship {ments for the week amounted to hard- ! Iy cnethird of the previous week's | total. In addition to the fact that Decem- ||| | ber deliveries of corn were well below | { the liveral aggregate that was pre- || dictedy reports of good cash dom:md‘. arters attracted | attention. sas City highest | prices on the crop were noted as be- | ing bid on Kaffir and Milo for export. | NEW YORKYARKETS. NEW YORK, December 1 (#).—R firm; No. 2 Wes 1.21% f. 0. b. Ne York and 1.19% c. i. f. export. Barley | steady: malting, 981 c. i. f. New York. | Lard easy: Middle West, 12.10a12.20, tallow e pecial loose, 8%a8l: e tra, 8% wheat futures opened normal; others unchanged. FERRO-MANGANESE. NEW YORK, December 1 (#) ferro-manganese trade expects carly advance in price, which is now $90 a ton, duty paid, tidewater. important British producer has with- | drawn from this market, it is sai Large consumers are reported to have | recently placed contracts for substan- | tia] tonnages. —_—e TREASURY CERTIFICATES. (Reported by J & W Seligman & Co.3 Bate—Matnit 5 Dt. 548 SR% FEDERAL LAND BANK BONDS. (Quted by Alex. Brown & Sons. Closipe.) Rate—Maturity. Bl Aked. y:reliu | 1941 400 1 101 2 4.05 i 35253558 22 ERGIS B prosceees T SHORT-TERM SECURITIES. (Revorted by J & W Seligman & Co.) Allis Chalmers AlumT C s Armcnmh; Copper tis Associated Oil 6s 1935, Baltimoro' & Ohio 4a5" 1 Batavian Pet. € 418" 1 Oregon_Short Line 4 Sinclair PHILIP MILSTONE 1104 Vermont Ave. Decatur 1681 FRED T. NESBIT 1010 Vermont Ave. Main 9302 together | = LOANS We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of interest. Should you have Money to Invest —we can also take care of you. Our experience, ex- tending over a period of Thirty-five Years —insures vour protection. Percy H. Russell Co. 926 15th St. N.W. First Deed of Trust Notes for Sale Secured by Improved Real Estate in the District of Columbia Principal and Interest GUARANTEED REAL ESTATE MORTGAGE & GUARANTY CORPORATION Main 1403 26 Jackson Place Resources Over $4,000,000 L. E. Breuninger, President The New York Life Insurance Company Offers to Make First Mortgage Loans On Improved Real Estate in the District of Colunbis and Nearby Suburbs in Montgomery County, Md. for 3. § or 10 year terms on your 5%% Apply RanNDaLL H. HAGNER & CoMPANY MORTGAGE LOAN Eonn ESPONDENT 1321 Connecticut Ave. Telephone Main 9700 Apartment Office Building Home Business Property Burglars Are Busy “Your home may be the nexl to receive a nocturnal visit from some prowler. A disturbing possibility., of course, but one that should make you more prompt to rent a SAFE DEPOSIT BOX for the protection of your jewelry, important papers and similar valuable fOur minimum_priced boxes are 23%; ins. Ionf(ab ins. \\bxde by 2 ins. deep and rent by the vear for only.. ’350 We PAY MORE INTEREST on Savings Accounts than any other National Bank in Washington. Tre Commercia Nationar Bank Capital & Surplus, $1,400,000.00——Resources, Over $18,000,000.00 Corner Fourteenth and G Sts. ne. FiTReS T MORTGAG INVESTMENTS OF TODAY —must be considered in the light of their value tomorrow. Possible depreciation must be absolutely forestalled. With this in mind, we recommend Owi er a Third of a our 69 FIRST MORTGAGES Century Without a Loss —as representing fon-depre- ciable values and regular and unvarying income yield. SAUL CO. 925 15th St. N.W. nE Main 2100 THERE IS NO SUBSTITUTE FOR SAFETY i & Co. bs 1 on il of ¢ oF Bae & GG §- Rubber 335 1950 Want to Borrow $20, for one year at 7% to be secured on Maryland Property that can be sold for $80,000 Will pay 5% commission W. R. TAYLOR 907 15th St. N.W. 0 7 LIBERTY $1,000 CLUB —Pay $20 Monthly for 46 Months, and Receive $1,000. This save. event of emergency. at any timel Liberty National Bank 15th and Eye Sts. plan makes you Funds available in Start 30 Unexpected Dollars Every Six Months 'HEN you find in your mail some morning an envelope from Swartzell, Rheem & Hensey Co. and upon opening it a check for $30.00 tumbles out, it is a pleasant surprise to remember that it represents the inter- est on the money you have invested jn First Mortgage Notes through them. It is a surprise because you didn’t notify them and had forgotten that it was due on that date. You can receive $30.00 every six months by investing $1,000.00 in First Mortgage Notes through Swartzell, Rheem & Hen- sey Co. with the satisfaction of knowing that you can forget about it entirely. This company will see that your interest check comes to you when it is due, gnd will look after your investment for you with the same care and consideration which has protected each of its clients from loss for over 58 years. Mort§age Bankers mmsnm)u.vnmgnu 58 Years Without Loss To An Investor s .