Evening Star Newspaper, December 2, 1927, Page 15

FINANCIADL FOUR GROUPS GAIN IN BOND MARKET iPrices All Through List Rise Above Any Previous Aver- age This Year. RY CHARLES F. SPEARE, Special Dispatch to The Star. NEW YORK, December was greater variety in today market than has been shown for sev- eral weeks. The demand for good =e- curities being urgent, prices ull through the list advanced above any previous average this year. Four groups of honds made notable gains. These were United States Treasury long terms, the new public utility and railroad 4% per cent mort- gages, German municipal, industrial and bank issues and the semispecu- Jative rails. | though Governments have ad- vanced steadily until the return is| well below 314 per cent, thg absorpt:on by institutions and wealthy investors goes on. The popularity of the per cent issue, Which sold tod: around 102%. where it yields about 3.15, undoubtedly is due to the thI! that it carries the smallest premium of any of this group. There are many | investors who do not care to buy, the 4%s. which are selling above i, or the 4s, about 110%. Utilities Buoyant. The buoyancy of such public utility | 41, per cent bonds as those of the Philadelphia Electric and Duquesne Light, which were both up to 101. rep- resenting an advance of 2 to 2% points over their issue price. was duplicated in other 4% per cent issues put out yecently by the railroads. In the past | four months there have been sold £350.000,000 par value of corporation honds carrying a 412 per cent coupon Of the 15 separate issues. practically | a1l have gone to a premium, With the | Mobile and Ohio 4328 today about 412 points over the initial price. The Missouri-Kansas-Texas new prior lien 2159 sold at 99% today to retire the 6s at 1021, subsequently went above | ar. Pt may be said that In almost every jnstance where a 4% per cent bond was floated between July 1 and De- cember 1, criticism was made of the | high price at which the issue was offered. ! The subsequent action of this group, however, supports the judg- ment of the houses that distributed them. In this respect they were closer to the buyers' ideas of values than when they sold various European dol- lar bonds. German Bonds Recover. The important incident in the for- elgn market today was the recovery in nearly all of the German municipal, public utility and industrial issues. Some of them were up % to 1 point. The German Central Bank issues rallied sharply and at one time showed | a recovery of 1% points from the re- cent low. There has been excellent jnvestment trust buying of the 6s about 4 points under the syndicate price. ! Italian issues had a tendency to droop as the Street does not like the political situation in Southeastern Furope in which Italian policies are involved. . BUTTER STEADY. CHICAGO December 2 (#).—Butter unchanged; receipts, 6,366 tubs. Eges | higher; receipts, 4,034 cases; firsts, ordinary firsts, 32a40. SILVER QUOTATIONS. NEW YORK, December 2 (#).—Bar silver, 58; Mexican dollars, 44% . Washington Stock Exchange SALES n Gas Gs “A"—S$1.000 at 106%. S nington Rwy. & Electric 4s—$500 at | 003, Baiher & Ross 6% s—S$1.000 at V6. Lo t Co. Bs—S1.000 at 87, . o AT S ovei % s—32.000 at 61 a ” —10 at 100 o pla—b B fih& 2 85 ‘a 106% . Eleciric pid—8 ai enchants: Bank & Tryst Co.—10 at 154. rber & Bost com. o Potd % at 105%. | C & iravel . . PRSREHAR T et Db AFTER CALL. Washington Gas 68 “A"—$3.000 at 106% . $2.000 at 108 Potomac Eléctric cons. 58—$1.000 at O apital Traction 5+—$1.000 at 104%. Money—Call loans. 5 and 6 ner cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY. B id. Amer. Tel. & Telza. 4s 99 % Amer, Tel, & Telza’ Wachi 200 Mo Asked Balt. & Ani ashington’ Gas b n e, series A s, series B . 4 STOCKS. PUBLIC UTILITY. Amer. Tel. & Telga..... ... Cavigal Traction. Rwy. & Rwy. NATIONAL BAN! Capital... g guu- e econd gl Natioual Bank of Waih.,'. Amer. Sec. & Trust Co. Contibental Trust.. ts' Ban c Natiofial Savings & Trust... ngs Bank....... Waskiington Mechanics . FIRE INSURANC American .. Core Colmbia Title Insurance. .. Real Estate Title Insurance. . Title Inv. Co. of Md. com MISCELLA Federal Storage vfd. Federal-American com Federal-American pid. Lanston Monotype . 5 MNerchants’ Tran. & Slorixe Merchants’ Tran. & Stor. pfd Mergenthaler Linotyne. Ntl. Mige. & Inv. pfd Peoples Drug Stores D! Security Storage. .. ... .- nitary Grocery Co. pfd.. . Ter. Ref & Wh. Corp.. . Wash. Merch. Mige. com. Medical Bldg. Corp . dward & 1othrop pid % vidend, (Qaime Lib3%e Lib 1st 45 | Lib1-24%s | Libistase | Lib3aays Libath 4%» US 33 43-47 S3%s. US4s1944. US4yss2 96 2 1 32 Argentine 58 Argentine Argentine s Oct59 Argentine fs A.. Arzentine fs B Austria Is. Bank of Chile §%3 Belxium 63 Belzium & Belgium 1s Belgium 7s Bremen . 18, . Buenos Alres 78 57 Buenos Aires 7s 58 Canada bs 1931 Canada 5s 1952 Canada § Chile 78 1943 Chile 83 1941 Chinese Gov Ry 5! Christiants 6s Con Pow Japan 7s. Czecho 8s 52. Danish Munic Denmark 68 Dutch ast | 68 47 Duteh Bast | 6s 63. Finlana s f 6 46.., German 1 P 6%s. German T7s.., Ger Am Hank Ger Gen Elec Greek 7s 3 Holland-Amer 63 ttaly 7s. Mexico 48 04 asntd Mexico ¢s 10 asntd Mexico 5s asntd Milan 6%s. Montevideo Netherlands 6s Norway Norway 6s 1952 Orient Dev deb 6s. Paris-Ly-Mea 5 Paris-Ly-Med 7 Peru 7s. Peru Ths. . Peru 7%s 1956. Poland 83 40 Poland 8 .Prague 7%s Queensland Rio d 8s 1946, K10 de Jan 8s 47 Rio Gr Do Sul Serbs Crot Sweden 5%s. Sweden 8. Swiss 5%s 194 Foho Elec Pow Is. Tok1o bs. Tokio 5%s 1961 Utd kingm §%s 29 Uta Kingm 6158 37 Utd Steam Copen 6 Uruguay Yokohama Ajax Rubberss.... Am Agri Chem {14 Am Repub deb 6 Am Smit & K 18t b Am Sugar ref 6s.. AmT& Tolu AmT&Tcltrb Am T & T sf §s Am T & T deb 5%s Am Water Wks b Am Writing Pap Anaconda Lst 6. Anaconda cv db 7 Andes Cop 7s rots. Armour&Co 4%s 3 Armour Del b% Assoclated Oil 6 Atlantic Refin & Bell Tel Pa 6 C. Beth Steel p m Beth Steel rt Beth Steel 545 63. Beth Steel 6s...... Brier H St st b%s Bkivn Union 5%s. . Bush T Bldg 53 60, 1 Leather 6s. Goodyear s rets. tershey 6%s Hoe & Co 6 Humble Oil Int Paper bs 41 Inter Paper fd 6s int Tel&Teleg %8 J Kayser £ Co 6%s Kan G & K1 68 52 Kelly-Spring 8s. Lackawa S 58 50. Laclede G 5 s 5 Liggett & Myers 7s Loulsy G & I be 52 Mor's & Co 18t 4% | N ¥ 121500 648 . NYGELH&P4s. North Am K4 Nor Onto 1" & 1’ 6s. Nor States Pow bs. Pac Gas & K1 6 Pac1 & T 1st 5 Pac T % I' 6862 Pan-Amer Pete 6 Phila Co rf &s A Public Service fs. P Serv Gas 514 69 | Punta Alegre 7s. .. | Sinciair 01l 68 Sinclair O1l 68 sinclair Ol 7s. . 3(n Crude OVl s Sin Pipe Line 6 Skelly Ol 5%s. ... Southwest Lell b Sug lust Orient 78 Tenn Elec Pow fis Toledo dn 1st 13 U S Rub ist rf Vertientes Sue 78 warner Sug 7s 41 Wt loc5s ... We 'n Unlon 6t We.iinzhouxe 5a Willys Ov 64833 Public Service 5%s Standard Ol N J 68 " 81 000 Sales High Low 10256 101 12 102 20 108 14 100 27 102 101 102 108 100 104 102 107 110 115 FOREIGN. (1 99% 6 100 Conenhagen ssct.. 1 20 17 . 45 1 10 1 11 107% 6 104% 10 103 4 102% 8 106% 11 99% 7 105% 40 106% 82 109% 21 100% 21 101 66 104Y% 5 105 35 234 2 104% 2 105 UNITED STATES. 4 12 20 12 24 20 15 15 15 9t 99% 100 101 991 7% 97t U 9516 98% 1034 1064 104 14 109% 10334 99 91 96 107 101 961 961 1024 109% 101% 102 110 95ty 105% a9l 102 96 100 Y1y 106% % 107% MISCELLANEOUS. 107 10 & 101% 4 100 196 96% 106% 101 104 96% 107 106 108% 2% 102 1043 4 128% " 64 101% 53 109 11111 104 102 2 102% 2 102% 7 103% 12 104% 1 106% 11 108% 1 106% 1104 1 104% 2 104 18 107% 6 105% 2 108% 16y 23 94 18 99% 1100w 5 98% 13 95 6 105% 8 104% 4 100% 5 107 13 108% 41 94% 1 104% 24 109 1101 5 100% 1t 108 5 101y 31174 LRV 6 1025 104 105% 100 Closs 1024 101 12 102 20 103 13 100 26 104 102 28 107 28 110 26 11528 Sales Hizh Low Wilson & Co 1st fs Winchester A 1%s. Youngstn S&T fs 12 Atchison gen ¢s 6 AtlanticC et 4s.. 4 Atl & Dan st 4s 48 3 Close g 99% 100 Bang & Aroos 4: Brdwy & 7th Av bs Bkivn Manhat As. 55 Buff R & Pitr 4%s. 101 Can Nat4%s30... Can Nat 4%s 54 Can Nar 415857, Canad North 6%s. Canad North 78 Canad Pac deb 48 Can Pac 4%s 48 ntral Pacific 4s. Sent Pac 18t A 90, Chesa Corp 6s wi. . 16 Ches & O ov 4%4s.. {Ches & O gn 415 Chi & Alton 31gs. . Chi B & Q zen 42 53 Q4%s178B. [7) ancanaacaQQan 1 1 1091 1017 102 S Ll en be 61148 3t West 42 89, 96 zzzZIig 3 tP deb 4s cfs 2z M&SPevi thsizels M&SPrf 4%4scf. M&StPev Chi & NW ref 5s. .. Chi& NW 75 Chi Rtys §s.. Chi R I & Pgn 4s. Chi R1& Prfds.. CRIPac4tswli. iChi TH&SES {ChiUnSta4ys. . { Cht Union Sta 61s {Chi & W Ind cn Clev Term 5s Clev Term 5% CCC& St L 4%s Colo & Sou 4% {Cuba R R 6 . De! & Hua Ist rf 43 { Del & Hud 6%s.... Del & Hud 7s 30 Len & 10 G cn 48, | Den&R10G 4%s 36. L Rio G West 5s... £ cons 4s Krie gen ¢s. Erieconv4sA.... 5 | Erie cvt 58 67 wi.. 161 Ty 101% | Great North 5s. 10274 | Great North 5 %: 106% | Gr Nor gen7s .... 106% | Green B & W db B. 80% | Hav El Ry 58 52 98% | Hockiug Val 4148 103% | Hua & Man ref os. Hud & Manaj 6s.. 269 105% | 13 105 [ Ll Cent 4%866... 3 105 | (IC-C-StLit4%s 901 | [11-C-C StL&NO b8 107 | int Rapid Tran 5s. int Rap ‘I'r 68 stpd. int Rap Tran 27 2 24 85 1ot & G Nor ad 6s. int RysC A 68 72.. Int Ry C A 6138 ret lowa Centrf 4s.... Kan City Ft S 4s 103% | 98% | To% | B81g 118 105% 94% i 108% LY e Ba © wenBeom- 107 | Louts & Nash 7s Man Ry 1st 90 VarSAN me MIKIRy & L Mil 1 Ry & L 58 61 M St P & SSM co 4s MStP&SSMbs3sgtd MStP&SSMb%s Mo Pac 58 A 65. Mo Pac 58 K17 4| Mob & Ohio 43877 Nassau El 4851 INOTex& M5sB. N O T&M u;: 1956 104% 105 234 104% 105 ! 95% 106% 104% | 94 96 Crfim 4%s. Centribs.... Cent deb 6s... Cent LScl 3%s YC&StLdb4s YChi&StL 6% sA . YChi&StL 6% sB. Y Y Y : 4 Y 49% 104% 108 8% 108 6 103 | NyStateRy 6%s 62 984 | Ny W & Hos 4 s 100 | Nor & S gen 68 54 102% | Nortolk & W on 4 105% | Nor Puc 38 2047 Northern Pacri 6s Ore Short L rfs 4 i Ore Wash Ist i | Pennsy! gen 4 b Pennsyl geu b Peuusyl bs 64. Pennsyl 6% Penusy! gold P & I inc 4 I3 &3tLLosA PCC&SIL 68 B 76 Port RL & P 58 4: Port R L P 63 47. Port RL&P 1%8 46 Readiug xen 448, Reading J C 48510 St L IM&S 48 26... Stl L M&sS go 65 31 NY NHE&H db 48 67 NY NH&H cv db 63 NY N HavaH clt 6 —re - - R CERm G s r oD TR et a e T RSN e ARG AR L~ e RS | Sun A & Aru P Seau A L ref s Seub A L ad) bs Seubd A L con 63 SB All Fla ;l iSou Pacas2zy .. | Sou 1Pac 41484 77 Sou 1ty gen Sou ity Con Sou Ry 68 56... Southern Ry 88 Sou Ry Mo & O 4s. Lerm AssoS L 4s.. LeXATK 'S 243 50 l'exas & Pacinc 18t Lex & Vue 68 77 rf Ca mws “- —— e Pw SEwmmm Unton Pao 18t 4 Unlon Pac ist rf 48 Un Pac 4%s 67 Union Pac cv Virginia Ry | Wabash 1st Wabash 63 76 B... 129 West Marviand 4s. 13 Wast Md 5%s877.., 9 WisCengn ¢std... 3 1011 100% 106 104% 112% 104 102% 106 105 RAILROAD 8% 95'% 83% 981 100% 1047 2 104% 100% 2 100% 102% 8 4 101% 101% 106 105 9 9% 83% 98 100% 104% 1043 109% 102% 1% 963 106% Bidh T0'% 96" 98% 100% 100t 102% 61% 102% o8 NG STAR. WASHINGTON, [ovmav vou_ BONDS o s Raceived by Private Wire Direct to The Star Offica Close. 101% 106 105 98% 95% 83% 9814 1004 10474 104% 109% 1024 1% 974 io7 86% 70k 9813 995 100% 100% 100% 121% 115% 29% 101 1087% 95% 104% 9974 100% 1024 61% 981y 102% 110 104% 70 Yol 105% 103 91% 1 TRADE IS EXCITED ON GURB EXCHANGE Profit Taking Makes Moves Irregular at Times—New Leaders Rise. BY WILLIAM F. HEFFERNA Special Dispatch to The Star. NEW YORK, December 2.—Follow- ing yesterday's record-breaking volume of business, trading on the Curb Ex- change today continued excited, with speculative enthusiasm keyed to a high pitch. Profit taking, however, caused some selling, with the result that the movement was hichly ir- regular at intervals. The increase of almost $30.000,000 in the latest brokers' loans figures, which brought the total to a new peak, failed to have an adverse effect upon speculative sentiment. Even with the call loan renewal rate up to 41 per cent again, the market failed to be affected. It was moving under the momentum gathered on previous days. Ford Motor of Canada scored an overnight gain of points, but sub- sequently dropped sharply between sales offsetting most of the improve- ment. Firestone Tire lost its place of prominence, but other leaders were brought forward and bid up sharply. One of these was Mengel Co., which went into new high ground on re- ports of greatly improved earnings. Another was United Electric Coal at top prices and the rights to subscribe to_additional stock. The sharp upturn in Borden Co. was predicated on the idea that under the terms of the consolidation with Reid Ice Cream the stock was en- titled to sell at higher levels. Another high-priced specialty that moved forward readily was Libby- Owens Co, despite the fact that net for the common in the year ended Sen- tember 30 was equal to $6.74 a share, against $8.71 in the preceding year. Associated Gas & Electric fea- tured the utilities on the side of ad- vance, crossiing 50 to its best prices. Lone Star gas, on the other hand, suf- fered a sharp break following the an- nouncement that a stockholders’ meet. ing has heen called to vote on an in- crease in the authorized capital stock from $30,000,000 to $50,000,000. The purpose of the increase was not stated, DROP AT LIVERPOOL DEPRESSES WHEAT Bearish Estimates of Argentina Exportable Surplus Factor in Weakness Abroad. By the Associated Press. CHICAGO, December 2.—With Liverpool wheat quotations unrespon- sive to yesterday's advance here, the Chicago™ wheat market averaged lower in the early dealings today. Bearish estimates ‘of the Argentine exportable wheat surplus = were ascribed as a reason for the relative weakness at Liverpool. Starting un. changed to % off, Chicago wheat later held near to the initial range. Corn, after opening at % to % adyance, de. g;T:d“ Lo flhelowp vesterday’s finish, vere firm. 2 e rovisions scored ma- atest estimates current tod: the Argentine exportable surpius’ of Wheat at 168,000,000 bushels, not fn- cluding carryover. Australian ad. Vices were likewise at hand showing a larger surplus than was looked for 60 days ago. Bears also -pointed out that Canada has so far sold consid- erably less wheat to date than usual and asserted that this means further coflnemlfi?‘ from that country, eanwhile the Februar: Wwheat In Argentina was quoted a1y at prices much lower than either United States or Canadian wheat. On the other hand, bulls contended that atistics purporting to show an ex- cess of world supplies do not carr weight, inasmuch as actual supplies and clearances from exporting coun- tries indicate very close adjustment and that with Europe at a full ship- mf JPremium North American mar. n be expect turn in prices. o © lead an up- Wall Street Briefs SHEET INCREASE LOOMS.— ports are current in the steel ":!dee that one of the largest independent makers of sheet steel will announce in a day or two an increase of $2 a ton in the prices of all grades of black, blue annealed and galvanized sheets. Other steel pro Ay producers are expected to MILWAUKEE RAILROAD,.— Chicago, Milwaukee & St. Pu-fi%ua?;?: tributed orders for 50,000 tons of rails, costing about $2,175,000. Illinois Steel Was given 40,000 tons and Inland Steed 10,000 tons. The Baltimore & Ohio fe expected to enter the market this month for 2,000 steel car bodies and is reported to be contemplating purchase of 2,000 70-ton hopper cars. SEABOARD NATIONAL BANK.— Directors of the Seaboard National Bank and the New Netherland Bank have approved a merger of the insti- tutions.. Capital stock of the Seaboard will be increased from $8,000,000 to $9,000,000, with an issue of 10,000 ad- ditfonal shares. PACKARD MOTORS. — November shipments of Packard Motor Car Co. set a new monthly record of 4,372 units, against 4,354 in October, the previous record, and 2,500 a year ago. The first quarter of the fiscal year end- ed November 30 showed shipments of 13,076 cars, against 9,053 in the pre- vious corresponding period, PIGGLY WIGGLY.—Sales of Piggly Wiggly Corporation for October rose to $1 9,273, from $14,260,273 a year ago, and for the 10 months of 1827 to $150,936,249, from $129,911,423 in the same period of 1926. AUTO SALES CORPORATION.— Wall Street hears a merger of vend- ing machine manufacturers, headed by Auto Sales Corporation, including makers of various types of machines for dispensing chewing gum, confec- tions and other automatic devices. may he completed next week. Auto Sales has 150,000 machines in use. BANCACOMMERCIALE ITALIANA TRUST.—Banca Commerciale Italiana Trust Co. declared a dividend of $2.50, payable January 3, to stock of record December 15, bringing divi- dends for 1927 to $10. B FAILURES INCREASE. —R. G. Dun & Co. reports 1,864 commercial failures in the United States in No- vember, which is 4.3 per cent more than in October and 18.5 per cent above September. low point for the year, but 24 per cent below January, high' mark for 1927. The total, how- ever, was the largest for any Novem- ber since 1921. Indebtedness was $36,- 146,573, against $36,235,872 in October. The high level this year was $53,155,- 787, in April. MONTGOMERY WARD.—Sales of Montgomery Ward & Co. were the largest for any November on record, reaching $21,382,264, an Increase of $1,604,453 over November, 1926, and for 11 months thi r, $177.395,611, against $176,159,134% year ago. D. C, FRIDAY, DECEMBER 2, 1927. NEW.YORK CURB MARKET Received by Private Wire Direct to The ‘Star Office Following Is the list of bonds lndl stocks traded in on the New York Curb Market today: INDUSTRIALS. R Vi Sales bid 10 in hundreds. L % Aeolian Co ptd. . 1 ATS B Bar Xt n 0 vie.... B 8Gult Oil of Pa. I 5 Houston Gulf Gas 3 I Pet. .. 2 FRRE FEE TEE 05 % 2l ST P4 # 19% 20 15% is% Sales LTANDARD OIL ISSUES AND FOR- S. in units. MER 3 gnitn MER b'?'vzsmunxlrs—.s}ocx Y 12 TS SETE O REE - FERNFS 3 ‘rflgnnll{vl}!nn”{) 28 50 Sou o 2800 86 anem P L 08 0 K TR 1008 0 Ry Swan & Finch. Vacuum Oil Sales in thousands. 1 Abbof 4 Alli £ 9 Celan Cor Am n. 97 ¥ 1 pid l;(n: § 5 N b5S 2 Colotex Co. 14 Celotex Co v 3 Cent Pip Cor. > Cent Pub S 26 SR 8 8 P 2 perey = REE S BaBE o 5 #3e 1,8 Eluv A 1 col 1 Gol, Grabh, rots 1 Co i S ommon P 1 p ShsSons 22235EERBD =i ; " 2 oomeoDRD 22 s 57 CM&SP bs ' n 164 CM&SP3s A n wi 2 Chi Pn Tool 5% 1 Cin St Ry 5 8 Cit Serv 5 25 Cit ‘Serv SRR i‘#i;&’- T 10 s 95 s 98 4 Durant Mot.. 15 Durn Dup p pi % Bast Daies in 1 kast Koll o n. % Eungon Scbild. e EESeEse S 55sstas ki i 3 SoDORTD! SN ot QDD a3 S32EIS! P 12 Gatinean Pow 53 90 % Gooreln & I A L T095 10 ruiton _sylpnon. . w . b = S i = Do SESE s SeBoco: Z3R3EE: FERTR SRR ) S5 o 4 Tnvest Eauit T Eopiaduaploke 88 e 2! FERRFARNSRSE § ORE # S 332 S5 e Spoono: 33 + ullanu B urbace EESIFSTR: Lo [ S22 4% 8 D wi 1 - ont Pow 58 A, ont Poweds A - 100 arrag Co5e Sonls 23258388 o2 gvb 5 S Lo S oron o R R 13 , 582223 " 22t B2, FERERER i at - 7, 3 Sty o oo! b 1 Loy BCA ¥ID4 L0 & Pt Fo5e e e s 3 [ =3 ) Tt =T & 9020 2922 0555; 97w ¥’ g ¥ 233552 P ?alN e 3 iz £ S PR ESRSER R 528! 3333333 REEE R » & Ya Mass L Corp. 33 mavis Bovling 1 aay Drug turt 7y S3ES 2337 o =2 Sy N SSozox: EREEEEE 2. > 6 Mesabi iron. 1 Metro Chamn & o Strs St 5 Mohawk Vil u’ 1 Mouon Pict pfd. hy G C S055355! 2 SR - :zgu e FIRRRRE E, L L) > -,=_..-=,==m,== oot 323378as" 232333 > 3 FERR RERFRFFRR - 8 . New Amst Casual ' i N Y ‘el Co pid. 118 Nichols & Shep. . " 31 12! 222 22233 ey 2 RERRRRRRRER SF A 000! 223333 P A1 5 Woatv € 534 1 Wise Cont Bu. .. 081 17 Youngst 55 A" wi 1013 10 = ! 233 ) S 2233333333 Sales In thousands. FOREISN BONDS. 2 Adriatic Elee 78, 033 2Ry B'h Ty 61 2Ari M B 78 40 kn l,l! [i] 4 et _~= e ] Hambui B B Jugos S ¥ 2SR2, - 233232238330322525, » < s ot oy s 2 - SRS SRR EEESEE 2L RER o WE FRIFEE SRR TR FR IR FRSEER RERAR EEERRERER R REAS ge 0 H 7s '38 wa H 78 36 wa 89% 5. 1013 ww 021, o st e et S32E3RS3RIR2IREI2 REES RS - » wmad e S-SR 858 - NEW YORK, December 2 (#).— Flou —Fltm': Spring patents, 7.00a 7.40; soft Winter stralghts, 6.15a6.50; hard Winter straights, 6.85a7.25. 1.25 f. 0. b. D) El Coal vtc, Coal rts "‘1 oo o/ L5 = - Rye—Firm; No. 2 Wester: New York and 1.23% c.i.f. Barley—Firm; malting, 993 c. New York. Lard—Firmer; Middl ‘West, 12.40212.50. Hops—Barely steady. States 1927 and 1926 nominal; Pacific Coast, 1927, 25a30; 1926, 20a23. ‘Wheat—Futures opened nominal. — GERMAN BONDS AND STOCKS. By Special Leased Wire to The Star, NEW YORK, December 2— e e e e o xazt e, S ENSEE R SRS BRSS! J R RER £ e s Zpps ] 22, FEs22sc 222! rEmcmsaa e Pt e S hiSewM Wma Oil-0-Ma H 2 Yel Taxi C NY n inles in MINING ' & 22) o %" - B o B mamisisase ! 253 2R B0 SEY Asked 60.00 e Ln with draw per 100 R M. b3y ctfs a‘tac Ger_Gov Loan withoui el tureka Croesus.’. 0 2 Golden Center M 10 Golden_Staf K 20 Goldfid ~ Cons 10 Hawthorne M 1 jules INDEPENDENT OIL STOCKS. u hundreds. m Con Oilfids Maracaibo FINANCIAL. Mortgage Money Loaned at Low Interest Rates Economic Conditions Tyler & Rutherford Loan Correspondent Motou) Bonefit 1520 K Street. Main 475 SAME SERVICES GIVEN WRIGHT, SLADE & CO.| New york Siock Egchanoe 1 e york Siock & ¢ i 4;’;533“"". ,fg;uu: 100 Share or Odd Lots Connecticut Ave. at De Sales St. Telephone Main 1581 CHURCH LOANS ition te handle con- structlon loans 5 Charehes and Insiita. tions—Phone Main 5644. Money for Construction You can get it from us, provided only that the project be soundly secured, without waste of time and at advantageous rates. Immediate Answers on Applications B. F. SAUL CO. Main 2100 925 15th St. N.W. Low Interest Rates and Commission COLUMBIA BUILDING ASSOCIATION 716 11th Street N.W. UNDER GOVERNMENT SUPERVISION 18 Years’ Successful Business Without the Loss of a Dime PAYS 5% INTEREST Compounded Twice a Year and Exempt From Income and Personal Taxes CHRISTMAS SAVINGS CHECKS ACCEPTED Money to Loan, Monthly Payment Plan. Payments Less Than Rent - Harriman & Company TRINITY BUILDING, 111 Broadway, NEW YORK MEMBERS NEW YORK STOCK EXCHANGE TRANSACT ‘A GENERAL BROKERAGE AND STOCK EXCHANGE BUSINESS WASHINGTON OFFICE 729 15th Street N.W. Telephone: Masn 1603 Over a Third of a Century’s Experience —for your apartment or other property is but the beginning of man- agement. In employing us, you command long years of experience in so supervising upkeep and, operation as to maintain high average earning power. B. F. SAUL CO. Main 2100 925 15th St. N.W. $50,000 Insurance Fully Protects You OU can't afford to take chances. It's not good business. It IS good business, though, to adopt the S. O. S. Truck Lease Plan that gives you a $50,000 Insurance Pro- tection and no extra charge. S. O. S. furnishes you with as few or as many, as large or as small Trucks you need to maintain a complete delivery system. S. O. S. eliminates for you all original expense, upkeep and maintenance worries and in- cludes everything but the Driver in its low monthly Service charge. You're protected in every way from needless ex-- Fense on your delivery system. J| CUSTOMER No. 7 's a plan worth careful Shaw-Walker One Truck | . 0. S. Call—Franklin 505" consideration. Learn the par- ticulars. Phone right now— TRANSPORTATION e oIS AL SR, RERAT AT T 30-38 M St. N.E. Franklin 505 E'mucxs FOR EVERY PURSE AND PUIPOSI: TRUCK INTENANCE. o I — e o m——" o R - 3 AAREA Y AR vy s