Evening Star Newspaper, December 8, 1927, Page 14

§4°'9% FINANCIAL. _THE_EVENING STAR, WASHINGTON, D. €. THURSDAY., DECEMBER 8. 1927 _FINANCIAE.S | ; MOVES AREVARIED [ NEW YORK STOCK EXCHANGE | TREASURY TOISSUE | corumeia sumome association 716 11th Street N.W. Received by Private Wire Direct to The Star Office. M | UN S‘l’fl K MARK ]“ O M e e 5 e s v ‘BUN[]S AI 3 ]_4 PET UNDER GOVERNMENT SUPERVISION ‘ AbILID! Pow(5). 139 _1:91 139 Del L& W (17) 1 3 Nat Blscult(17). 1810y (%45 115 . | | Abranm&Straus 105u@10s% 107 107 |DRG Wst pt.. | Nat Bise pf (7). 140t 142 110 | 18 Years’ Successful Business | Abr&Stras %ot 1110 110 111 | Detrort Ga (X) 614 16 66% | Nat Cash R (A)3 161, 467e 4nle 400 e | & , s Adv Rumley.... 13 13 13 | Det & Mackina | Nat City Bk (20) b 700 250,000,000 One-Y Tax! Without the Loss of a Dime il ivi Adv Rumley of. 404 3 Det & Mack pf. 5 6 Natl Dairy (3) ) b ,00( - outhern Ra"way DIVIdend‘ Ahumada Lead. 4 3 | Devoe & Kiz 40) 3 3 Nat Dept Stores. ] i ne-Year lax Atlr Reductnei?) 181 18 Devoe&R Isti7) 111 i 111 Nat Distillers LINES INDICATE : Boost Slops Selling and List | a1ax jubber... 11% 10w 10, 10 !llmu\d Michi8). 1361, 1364 1 Nat Distillors nt i . Certificates to Cover De- | piowisandavarent |} PAYS 5% INTEREST s neau.. L W' L | Dodg s C 91 18 19% | Nat Enan S g4 1 €OM.STw. 500,000 8! Alaska Juneau 1 1 1ix | Dodie Bros Cl A 1 15 1 amel & 2 20 37n: 590,000 an. ' | Albny Pap pf (7). 99 9 99 99 | odge pf (7). Tl 6um T Nat Leud (6) 2 W 12 i il Allls Chalm (6) 3% 113 1134 | Dunbiil Int (4).. 5 Nt Pwa Lt (Xie a2 == Compounded Twice a Year and Exempt p—— i Amal Leather. .. 2 1 Du Pont (i14'%) 3 P 3 Nat Radtator iy i {} 31 . . = - = x >, E o BY GEORGE T. HUGHES. Amerada (2) SRRl . iNe B | Nt Supply (16) BY EDWARD €. STONE. - From Income and Personal Taxes s The S Ao e Laton Axie (2).. i N L A k 4 Secretary Mellon has announced a | e EPTEL pecial Dispatch to The Star. Am Acrt Chpf. . 54 " 16 ) 8 NatTea (4)..... i 4 5 . itk Y A ratal gress as s il M/ SAVIN ‘s LD : NEW YORK. December S.—With am Bk N pf (3). 8 e Do n TN R Newasvicit i), $230,000,000 public offering of a new | Brdciions " Do | HRISTMAS SAVINGS CHECKS ACC *a large turnover and rapid fluctua 'am BeetSugof. 35 36 | iscibowaribiie . ! an [N Yairsra 4 series of 34, per cent Treasury tax | Eroicrjed stock and bonds tions, today's stock market Went:am Bosch...... 22 215 | itec PALUDE (1) 1074 1080 1074 N Y Cont (8).... certificates, 1o run for dhe year. the | MINOr. inst. and deferred itams Money to Loan, Monthly Payment through a varied seri ovements [ Am Br Sh (J1.60) 40 405 | 1i1eo Refrigeratn 7ix X " NY ¢ b 5 i JiENe. £ res for OB Su i | % : The first two hour tnessed heavy | am Brown Bov. 1 A 134 KoiSigamas by, 24 71 E NYCESIL D). | financing heing done to meet Decem. | o - Plan. Payments Less Than Rent sellimg for both ere | Am Brown Bo bf 66% | 1ing John (6) o 3 NY Dock . §9% | tier Government oblizatione: - | poured out in huge volume and price| AmCan (2)..... 690 70 654 69| ingincers bu da% Shls 80 S8 |INE % HAciem(6) E Approximately $336.000,000 of the vielded all along the line. Uniike the | am Car&Fdy (6 103% 101 103 103 | ngnrs PS pr(7) 1074 1074 1070 NY NH & Hurt Wbl 4 b b & < precoding day. however. there were | AmC& F pf (7). 1284 1385 | Eiratiie i haTh of Y NH&H pt(7) eI cortificates maturing on December 15 nings 6 months 1947 Dividends on basis of present stock NY Steam pr (8 o o1, - ) 4850 e 39 vam pr (8) 1 1 addition the Treasury must provide Ll P S I | $73,000,000 on the same date for inter- | cember 75,000,000 on the same date for inter. hes : as in evidence at con s alll amChic pr pf(7) 105% 105% 105% 105% | irie 24 pr. 0 i VY 8i 2 :’:,_“n“‘;h Gih Gecline. Am Drug (80c). 14 1in 13 135 | rie Fr o ¥ St of A (1) ERTIEN Then, just before noon came the un 2 5 54 5% &4 StmS cfs 2 4 k j g Bibd (V% ) . ih 280 nouncement that the directors of the xpress () 2168 168 | ureka(fidlg). . % 6k SonEeeRnCEIV) 191 Southern Railway had put that stock | Am & For Pow ' h ot o . | NorAm bl0 Ttk on an $8 annual basis instend of the | Am&Fo Po pf (7 106 106 10 d Laglehl40). 59 39 i North Am pt (3) ¢ be uthern Tailwiy | Am Hide & L pf. 5 5715 370, BT | £ed MoUTLdve) I vy i | North Pac (6) .. . | . 5 stock yields 3 47 ll l‘ Y est on ihe public debt. The new| (Consult your hanker or b for fur- | I Ppl’ "lg [Ol‘ financing and probable payments on | !er INformation as 1o values hack of this e ol e . 1| Mortgage Loans 7 being paid 1 ’ e/ 7 ’, now heing 1 and. the | AMIHG P (2403, 6 WTie Bt | I Phoenixa) i Nor Pac efs(b). . to furnish all the funds required at . uN | = ed 5 points immediate 6 o i X s °fs vE 5 TentPet the Tt ardencd. ¢ wadian | American feet2) 0 0t: i T 0| Kt Ave (ete). | i | Sorwalemire... i s JBG. IWHEAT AND CORN SAG! ou may be assured that our standards of se- pproximatels ME(6). .. O StNats. S lon wens e | 1 S : Pacific came back to approximat cer Al K 1iubber ! o ~‘:::"‘I‘”fl‘."""' . ! The net result of the new operation ! | curity are reasonable. Approval is a matter of Wednesday's close. Atlantic Coas! 5 S R oy i | _ 1sa / mathy with the | Am LaFr&Fo 5 5 X Bia | UE(T).. ¢ iy 4 ot | is likely to bring about a reduction | ’ I g ks a ’ . Line rallied in sympath ththe A [ afs S ; Y " " | Ubnhm Col (4).. 5 D the Cothie oo ke g IN T DAY DEALINGS irs—not of weeks—if the security is sound | income tax installments ar | no wid-open breaks. I sup-| Am Chicle (3). . 68 rle 1St pf. ... roh 61 NY Ont& W (1), B Lo By {urr‘ to be met with this te and in 1 1 1 1074, 1997 i | | o1 stration of confidence in b Orpheum Cir (2) & A 7 - 2 ALk & 2 2 :;’11:'1‘:(:“‘:‘(“(\"!‘;):‘(‘ (Vr‘(xrxv'v‘»‘r“in'.-\‘ ven Am Linseed pf .. 86 =6 6% S b 8% 38 | Giye Elevator (6) Luild up the Treasury’s cash balance | wnd the money is made available immediately. e ethern Railway board. Soutl. | Am Locamot (8) 10813 108, 107 107 | . 78 | Guis Klev bE (6). which has been far below the usual | B e S ehich nad Sone up nzainst | AMMCh&Fy(13) 1595 1694 166'5 162 reept-Tex 143 9y ol i e 9 . Twny | lotal for several weeks on account of | Beayich Views of Unofficial Crop FowInterest Rites the trend vesterday was agaia in de | AmMa&Fy pf(7) 221 221 2 Gabriel Sn (31g) oz “ 31 ..;Umlel Co (4) sl's & “‘\{.T”fi'n‘if«?), % 'Ilr;:":‘r:-ixfltnfhno will hni Immediate Answers g Ner stock for which | Am Metals (3).. 411 41 41% | Gacduer Motor., &% 8% sw sl |Owens Bot (ct4 Sh B3N B3 5 | issi icati mand. This is another stock tor Which | 4y ietals D(7) 110 110t 110% 110% | Gen Am Tukia). €0 % <ebi G| {sid no more cash financing before March, Reports Depress Coarse and Commission on Applications a higher dividend has been predicted S R T2l (o) Tout Tag, 4 ORI bRl 5 T “dt. 74u | Uac Coustist 3 but this will not prevent refunding : for a long time. . AmPo&LE(I1) 63 63 60 1| enera: Cabisa Bb b | bacine vas ()., 4% 45 45% | operations before that date on the | Grain Values, Uo S. Steel Dips Lower. | Am Radiator (5) 5 | GeniCighvaig).s A% a1t :.‘;cgfllzy‘p-}-(»f Third *Liberty Loan, provided the | PE— B F S A U L C O The carly selling was most effective | Am Republie. ... 724 1 Tl | Gen kSleo (16)... 1o0% 132 12y% g b 1 Dty eitestlo tdkaauchs dCHON|hce s gt ars b prane 5 5 3 ke SR TR i e e L e R e L T T Paige Motor.... | Peoples Drug Store Sales Up. CHICAGO, ~ December 8 —Grain | Main 2100 925 15th St. N.W. dustrials. 1 teel «h|-|‘w_-_ ."n:“.‘ il ;Mm:“” o . ‘,_:\A efidho ‘m“\l"{"'«wl' van-Am Pet (4) P Sules of P Drug Stores, | prices went lower early today influ- | bbre L avas O O o @ Toss of |AINIS &R DE(7). 130 13 s | KR Pan-AmPetBi4) W [ potated, ¢ s r jenced by a bearish construction placed | ipoints on the day. added to o loss of | AmS & R oter). 1] o L an-Am West B, 1 349, in comparizon. with | {on monthly unofficial erop reports. Ae- B iiee Dait Jnithe] nmalEaRE) .. 67 ¢ g s ; g | Panhandie g y 3 | November, 1926; in of 1 . or | cording to one authority the corn crop | probably plaved a I B e e | A Gunas ot 10 100 < Sl o) | Panhandle pr 8 per cent st of the Mississippi is 241.000.000 | decline..but it logked as if there were, Am Susar of (T) 1065 . el e L R e : m %) ) The company's sales for the first|bushels less than last year, but west | real liquidation going I A lecii 3 b e s b ary W 11 months of the present year amount. | °f the river is 239.000,000 bushels | B e soaret. In Tact, the | Ar Te1a Te) (v W 178 e et el e L A e U SRS S64 ST | ed to $7.208401. against more. Openinz unchanzed to e as the ,M-‘nbf |cfi|vk.yny1.m‘:>n .‘,‘r {‘1;» | ATt R . x ,‘:::.,:‘:, qu“' a8y | bark Utan (3ve) for the me period a year ago, an higher. corn subsequently underwent most discouraging te Tl L | Ao atacetvt 17 [l ] b IS5 Patne Bx A (4). advance of $1.641.661, or over 20 per | decided general setback. -Wheat 1o those committed to the side o e S rs i Lip e . i | Patino «az.10). cent. i 5 | started unchanged to Y%e off and vance was the .nc\'\l;v:“:\.l‘a']\»‘-;: 'E.m Am Type Foc8). 126 ,‘:"“ "“:lfll“m CICE | P'eerless Motor Y 24 7 These reports included the sales |later declined all around. Oats were | Stwel. Colorado Fuel, Bethlehlm Stee’| o lioe a) 1105 150% 110% 110% | Genarich flu (8) ¥2n | Penick & Ford 3| of the stores most recently opened. | Weak. Provisions held about steady. | e ea and Crucible went off more or less AV aNitTINOch Su bRl STl S6e ~iuommcn PECT). I DL DL | PennDix Cmt(2) The company's preferred stock is list. | (eneral selling out ou the part of | e General Mot AmWWks pf(6) 10: v 1025 102 | ¢ u',"-e'" e - & 8| Penna R R (3%) 5 | ed on ”,!,/\,,‘,, 1 lv\rh'ln s, and is now | holders of corn accompanied the is ] 3h; the anGior FToup. e ressure.| A tWoolbn 2 218 e 9o | Leovles Gas (8). 15t 2 15 Hling around 120, after a low mark | <1ance of December private crop est i ‘was atill under the heaviest pressure. | S TONSS...e Bl B2 B 22 fdothm S H oz SR 72| bere Mara pf(5) . g for the year of 1 The common s | mates today. Other grain was affected O n la ' On the other hand, the independents { &M (TOGIER Sitte do% 39W 18 ann | Gotham new i3 E % | Phila Co (k4)... 13 3 | S + he_common ’S1hy corn weakness. Expectations were had intervals of strength. Hupp Motor : . Gould Coupler A 7 T T PhilaCo8%ptid) 52 e B B s timates of corn « IHpp See w St A5 46K 454 G A T 45 2 that today’s estimates of corn yield being the most conspicuous. General | Am WrPepfofs 4l 43 43U 4304 Grunby Con Min 380y 380 | Phila& RC ... 3 [ BEouyd i, would show about 000 bushels, | he i = = ey Am Zince pf. B 1 39 9 | Gy iy S g o i i . Ll:(;!erk;or;\o‘\;:lo;'e&»r\ku ulr:“.x\u’;"slhh\"‘\l\d\p" Anaconda (3) 51 1% ;Lfi\l‘;f;?:‘g::: . :‘: g; | :,m:.m,{;t.&lcls_ Retail Sales in This District. [hut one of the leading experts figured | HEY are fine craftsmen—the weavers of ra as heavy | : 3 one d Eou Y 4 98 | Pnlip Morris, y 9 , 2 cederal TReserve | the total as 2,655,000,000 bus : early in the day. and then ran up two | Archer-Dan (3). 584 5TW 574 | GriNorO (1) 2 28 BB/t (o : . The Richmond Federal Reserve |the total as 100,000 bushels, | India—and they produce rugs of great says that retail sales in October in |Pearishly in contrast with a prelimi- beauty. Their wage varies. In one P ints on a single string of transac- | Artloom p€ (7)., 1LY 111 111 111 | Gre WesS(z80) 364 364 36t Bliosnis Hosigrs Bank's monthly review. just printed,| Inasmuch as this aggresate was ! tions, more than canceling the los: ‘U'm°"'9:'0“’“ 8 8712 BTl | Gt WestSpf (1) 12010 1204 121% | Plerce-Arrow. .. 121y ; ARy fovecant ¢h o Some gelling of the utilities was Armouroflll(A) 10is 102 104 | GreenBay&W(5) 811 81t it s | Plerce Arrow pf. the fitth reserve district, as reflected | f0ry orecas asonof 2,646,000, | £ in Delhi ivele Wil evidence in. anticipation_of develop- | ATMOUE [1l pE(T) 651+ GU 667+ SO |virecn Canan.... 1030 11413 1050, 113k | bierce Fetromme. % 1% % | DY fales of 20 leading department |0 Mushele and aleo with 2647000000 actory in Delhi where they are comparatively well ts at Washington. North Amer- . h o o0% 0% 20% | Guantanamo.... 9% 9ia ¥ Plllsbi 1.60). stor increased less than the usual = P EAS Cah I 2 ’ H B o fcan was freely offered for a time. AsoDry G (2% 50 50 49% 49% | Guif Mo& Nor.. 58e Ser 58" | Billsbey pf(s%) 106 106 amount over September, and averaged | " me depressed. To- | paid they receive eighteen cents a day——about ¥ Asso OIl (13.20). 394 39%- 3% | Guif SeatesStesd 51 51 Bitth e . % per cent below sales in Octber, | 718 Unofficial estimates on the wheat | sixty dollars a year. Specialties Are Irregular. Atchison (110 198 190 192w 1921 | 0 S e “:t:gg;}p . 1926, Mild weather delayed Fall buy- | P Were n‘]ynut as looked for, but | S L cpical industrial specialties, such | AtICoast L(t10) 193 193t 190% 1913 | Hackns % % 22% 32 ¢ £ . 9 ling to n coneiderable extent. and . | ¥heat lacked support in the face of | v A _,",;!;;i:. Greene Cananea, Montgom- [ AUGuUIf& WI.. 41 41 39 3y fi?l’;‘?« Istpeoo. e Tk g6 g::i:l_leerrn;;.?;: E satistactory employment econditions in | CO Price declines, i A thousand-dollar First Mortgage Note purchased i irregular. Montgomery W siste . . 2 i / 3o dnle B 8D e Wb, BT a9 ST g merchants. Cumulative sales | 2 i Vations in- 3 % 4y, | Hershey pf. 0% 707, 0% 707 T i ¢ 3 selling_consistently. National Biscuit | Austin-N rge e O AR R e i i e January 1 averaged 1.6 per cent | YIVAUDOU STOCK DIVIDEND can earn sixty dollars a year for you—and earn it | reacted sharply after its spectacular | Austin-Nich of, g% 78w | Hos&Coa 00k 1004 1004 1004 | BRI Setnara: 25 it les during the first 10 months R 5 i rise. Radio was heavily fold. Greene | Austrian Cr % 5 1 ST I T e s Compared with average oc.| VOTED INSTEAD OF CASH without toil on your part. F e and then | oSales pii3). 38% 40@ 37, 40 | Household (14) 5 EdbSsry ticsy: 108w 108% 103 1un | toter sales during the (hres years.|.| oo canioy en inioh st 0gd ; , came back. p oy - . . 153 *| Pub SE&C 1y 1091 | 1923-1625, sales October this year| NE K, December —A se N vai i inati ! ““In all these movements there was [AutostrapA (3)° 46 46k 4% 45% :::’;‘:7:::1(4) osEsOTLE) g IO | ait increans of ) 1 oo | slocicidIPideRAITE 2360 pericart el i These Notes are also available in denominations Ittle direct relation to outside devel | Baldwin L (7).. 251 251 o | ot (1) ) 42 | bure OIl (11%) ~ | cent. mon stock today was substituted by of $100, $200 and $500. To people of caution it | opments. The unknown factor in the | Balts £ 0'(6)... 118% 118% 1174 117 501 203 F ot e Stocks on the shelves in the report. | ditectors of V. Vivaudou, Inc., for t S e < outlook was whether or not a period | Balto& Ohpf (4° 82 &2 82 82 123::";',::?; ::; ool L e BokA(Y. 5T 1 i ing stores rose seasonally \with the | Fegular quarterly cash dividend of 75 is a significant fact that in fifty-eight years no in- of heavy gold exports was impending. | Banz & Ar (3%) 59 71 9 i s SO A | Purity Bak B (2) T4, 56 86 | receipts of some holiday goods, and |CeNts a share on the common stock. vestor in the offerings of Swartzell, Rh & Founded 2 the rlaing market of the | Bk Comeroe H18. 578 523 573 573 | liinolaCen (7). 1341 134% 133w PurityBak pf(7) W 107% | at the end of the month averaged It i pavable March 31 to holders of . & e .S Sione, Whis. was. tezarded ae VI | Bayuk Creare:. 105% 1084 1047 1047 | Indian Mot (%) # g (I B, : B850, "octoner 31 1657, atocks were " ithoush suiplus and curcent earn. L i e e il T important. Less talk was heard about | Barnsdl A(b2%) 24 24% 24 241 | Indian Mot pf(7) 102% 102% 1024 102 ‘['{“sdl'fx‘épi“*’ 3 3 510 of 1 per cent larger than stocks | INGS Warrant continuation of the pres. politics, and although there were ru- | Barnsdl B(b215) 24% 24% 241 24y | Indian Retining. &% 8% 844 cfs (4). 4 2 year ago and 10.9 per cent larger | Nt €ash dividend, the directors feel Mors that a prominent banker was | Beechnut(t3.60) 69 71 Indian Refgetts & & 8 Loaidin Y than a month earlier. ; that cash should be conserved to fi ell H C a statement warning | Beechnt 4 i ngersoll Rd(15 9 2 3 7 = el R 4 iz Ababuet overspecalation n stocks. T | e & Co k). ‘3o ok ‘3o ‘po | InAma SIS 0o Th T4 oye| Nem S Hon ! da 3 ST g o soes o & Satement Sid and they SR sport was promptly denied at the of- | Bethlehem Steel 53 53 52 521 | lospiration Copr 191 19' 10% 191 oo Crm(3). e : : : i concluded tha Y rigage Bankers Rea'of the banker concerned. It was a | Beth St Bf (1):. 117 1174 117 117 | Iotcontl Rub(1y. 214 51w 2o o | lemingtn-Rand. u . et was 20 Gopes e e o | e var e R wMorlgage k Aay In which most traders were con- | RloomIngdale... 50 50 48% 4s% | interboroRapTr s 34 331 34y | Rem-Rdist(7).. 9 e o Fotal e o L e | stock should be paid in common stock T2715th. Street, N\W., Waskingtor.DC. tent to guide their operations by the | Blumenthal of._ 9315 3% 93 93% | InternatAgri... 13w 13u 121, 12| Kem-RA2d (8).. 95 | o o ot mie® since JANUATY |at the annual rate of 10 per cent.” tape and not to look farther ahead|Bon AmiCIA (4) 63% 64 63u 64 |IntBusMa(3).. 98 99i 98 ke g s BBk [ L o e el 1% "8 | cash_on hand November 30 was 58 Years Wi ve. Bri By 241 24% | IntCement (4).. 564 57 56% o6 S P : he s was 251. A ; ; than the next move. Brigxe Mty Co. Ehko ot s otu 10 Cement (0). 57 Sen R IDR TeL 5 cent, indicating an annual " rate " of o 38 Years Without Loss To An Investor, STOCK AND BOND ISSUES |Eiimmmeser: g 44 i i) intCompotid). 103,108 1020 16| o e one 35 "5 | southern Common B8 - n- son 9 v ( see 2 1y 2 1y 2384 o 2| 8 ¥ Vi 1 Biin Bl %0190 190 " 190 | Int Harv 2444 2444 233 20w | (O8Nl Co.. | s gz | Southern Common Dividend Boosted. | RAJL INCOME LOWER. 9 vn-Man (4) 56 56 56 56 ar pf (7). 135% 135% 135% 13 | Re 1 3 Associated Press dispatches report BOOST BROKERS’ LOANS | srown shos (2% 44t 4d1s” a4y | inthiten pf(320) xord ma g us ' | lo%6la [naCorta 13 [ that the common stock of the South- ey runswick B (3) 1% 31% 31 31 Mer Mar pf. 40% 40% 39% 40% | St Jos Lead (13) aflway Co.. WAk 1 | October Retur: | Brunswick Ter.. 14% 15% 14% 15%|Int Nickel (2)... 69 69 67w 67 | St L& SanFr(8). Lo I oo tanay, ek Dlaced e e Record-Breaking Turnover on New | Buff Roch&P (4) 78% 784 874 78v | Intl Paper (2.40) 7% 774 7ot 76w | St L Southwest. of $8 a share, formerly 57, with a| 488 Per Cent on Investment. PP Buff&Susapf (4) 53 53 53 534 | [0tPaperpf (6). 104 104 104 104 | StLSwnof (5), | quacters: dishursinent of §2 & shitxe, York Exchange During the Year Burns gm.«m 98 98 aTs g8 | IntPuperuf (1) 112, izg Lizn 1124 | Savage Arms. . pavable February 1 16 holders of wee.| A net railway operating income in . urns Bros (B). 174 17% 17% 17% | [ntl Silver. . 186 185 185 186 |Schulte (3 5 5 A A 5 f i Also Contributing Factor. BurnsBros pf(7) 100 100 100+ 100 | Intl Silver pECT) 12615 126% 1964 13015 | Seabd Alr o 2 oty ks Trene t;?:fitl:::)ol Sk e o e ok ancs G710 Amiostafo Bross: Burroughs Ad t4 136% 136% 136~ 136 | Int Tel & Tel (6) 186 147 ~ 14415 141% | Seagrave (1.20) R btk e wv. | Bureau of Railway Beconomics, main- NEW YORK, December 7.—Large|BushTerm (n2). 63 63 624 63 |Intertypeitisg), 27 27 27 27 |3ears-R(nz4).. ; [(the prefersad aledipas avtharised vyl ol vadi by itliol cas here. The re - e Eak >> | Bush Term rts. 4% 4% 4% 44| lowa Central... 3 AR 3%, | S C g p B A S T » Lo (e Epling 7 2 % bonds, which have 3 n 4 - 3% 3w | Seneca Coper... . tirn was at a :l:‘:afln‘":l; e han 2190.000.000 weel. | BUSh Terds (7). 109 ' 1091 109 109u | Island Creek (4) 56 56 56 56 | Shattuck ¥ G (2) Dl 2 TR L cant ,fe",f,r;";‘:"},,:”;;,{‘; B Iy since the first of the vear, and a :;‘.::‘.Tc"x rsruz‘l‘) 111“ m a7 ur | JewelTea...... 77 7g | Shell Un (1.40).. 25 Local Market Strong Today. investment. In October last year the record-breaking turnover of stocks oni| Ruiiaequner (37 101p 1ol 1w 1eng | J0mes Bros T 27..;.28% 26y hSlee 108 (8) S e Securities were strong on the Wash. | Feturn was at the annual rate ot the Bevlv)lx‘nrku::toclk }‘i“i(,?\';f‘;;u”&’. Butterick Co. ... 4 4% 48w 46u J:;\;:n xk;u 121 llev 120121 | Siming Pats, N : ington Exchange today l"i :,2’:; ifi"blahzsn\myneng. The com- responsibie for the almost constant In | Byer & Co .. K3+ R3" o o | ... 14% 1% 14% 4w | Gnoin s on o e 25| of Peoples Drug Stores preferred sold | Pilation is based on reports from 183 ;{:::; I?y ‘fie‘%ga“e, 1 Reserve mem.|PYer&Conf (1) 111 111 111 111 | KanCity South. 624 621 6lu 62 | Skelly Ofl (2) S ay 1_;_»1 :?‘nm\'whhzh fm; ‘};'lf‘i‘l\la'l-‘ ;w. [S3amed et g a total mileage of | ber hanks in New York City Calif Packe (4). ' 69% 69% 69% 6% RANCSOPI(4). Tla 71t Tll 711 | Snider Packg 3 loctric. Power § per cont pre. | Gross operwting revenues for the | Atthoveh carly in the vear loans|Callf Petm(1.. 2% 2 22 23 e o §1%. 614 | So Por RleS(£2) a7 g (eN has] BISCHilS Bonver) 6 mery cont iprer | vt oer Octobar: e mitedll ettt were #--ller than in the correspond- | Callahan Zinc... 1% %% e z o 2600 26% a1 | e, Ay Mersenthader maved | 498.070 compared with $610,384,849 fn ing perio? of 1926, in March they con- | Calumet & Ar (6* 91y, £0% 9% | Kels Wh of (7). 104 108 mfv 12 n ‘soulg-?:u'm”‘ F 2021 at 107 and & i referred | October last vear. Operating expe ! tinued to climb, whereas the drastic [ Calu & Heela (2) 184 EAR O, 61 - 1 9 Rt b il at-103%. National Mortgage & In-|®S D October totaled $399,503, stock market reaction in, the same|Can Dy (434). 514 Kinney pf (8)... »4 89 84 * | Southern Ry (1) f > || vestment preferred sold to the extent | IISTRd, with, $415.802.158 in "ihe month of 1926 brought about a s gl A Kraft Ch (11%) 56 Soutfi fevnt e6Y- 1000 3 | of 150 shares at 6. Ten shares of | e month lnst vear. reduction in the total that year. it CIRORMB(3). Db ot 20 Kresge (1.20)... 9 180 Rwy M&O(4) 4 Norfolk & Washington Steamboat Co. | ‘“ n class 1 roads operated at The $3.000,000000 total was crossed Car CIEOhlo (3). 854 Kresge Dept S : S S0 T o ot kb B 2 lss in October, of which eight were | in June this year, and in the middle| reshz(6) 261 261 Kress (11%).... 95 : 2 SI1G&E In the hond division, Washington | il the eastern district. For the first of November 2 new peak of $3.456.|CentAllov (2)., ~28% 8% 2.1 8. of i ; » 65, and | 1°n months of the vear the class 1| T15.000 was established. . Last year the|Century RIbM.. 121 121 1213 1215 LagoON (7se).. :3 & qon, | SMG&EDI(4). 61 64 Gus f5, seres’ A. brousht 106% and (... jshaaia net rallng operaticg T e & iahtly above $3.000.000. | Century Rof (1) 8615 6% Lambert Co (16) G | Sland G&Elec rts ; | the series B honds, 106 7. come of 804,102,322, which was o€ the 000 in the first nine weeks and then | CerrodePas (18) 63w + | Lee Tire & Rub. i 14| S8 Ml of 6} B . 9% Evans to Speak to Bankers. annual rate’ of return of 4.6 per dropped to below that figure and re. ,_:.:d:"" ';‘2::: 152"- [ Lontgnvanise, 38% | SLA0NICal (126 ). . Vice President Joshua Evans of the | C¢nt on their property investment. mained there for the rest of the year. | L RCrRURE) e 17w 1 o [ L 97§ StdOIlNJ(11%) ¢ | District National Bank will address Cpind S Dl 0-‘2 o | Clsaatrratere i 2 23% | Sta OINY(1.60) il the hankers in the sixth group of the se rts 2 40u 40% | Lis s 4 | Sterling Prod (18 | Virginia Bankers' Assoctation at_their | . 8 4 Lig&N) : 3 3 } n LLALLE | HOUSTON SELLS HIS COAL 2"“:; ;'2":"‘0':“‘“” ‘;% 5%’;“‘ 5";’;, ‘Lllg m’,”;:?.,‘)‘:‘.’ },fl,‘j et | Stewart-war (6) x1° ; nnual meoting at Rappannock Satur- | M SAME SERVICES GIVEN E 1 4 : - %" | day. ‘i ak at the banquet in | c&o0 Lima Loco (4).. 357 557 Strom Car (2)... 4 Iy, Teawiinenesl: o OPERATING PROPERTIES m":&‘;']"'::;:‘- ’:-’:v. ’;“l“ A Lochil) - 351k 5%, 5% | Stndebaker (8) & 5614 | the evening. Following the yearly re- | Q| —to large or emalt deaters: 100 2 2 61 | Studebak pt (7 ports at the husiness sessions during |fl] share or odd lot units Let us aid CINCINNATI, Ohio, Decemher §|Ch!& East Tl pt 72 72 | Loew's Inc (2).. 3 2 60% | S of (). F ie oAl Be a) fi discus- vou in vour investment olans ri06) i 4 | Lofe..... f ¥ | Submarine Boat. | the day, there will be a forum discus (P).—T. E. Houston of Cincoinrfhti, [ Chl Grear West, 131 131 AR £ 5% | gy oil P P ion on “‘Revision of the Virginia State | WRIGHT, SLADE & CO Jast survivor of the 13 pioneers in the :M Gt Wesf'nf.. 291 2914 t}‘““fl-"i:" ('\.:d' 6 6% ;,,z,,:o:'o’.; e Ranking Laws.” George W. Shepherd | 4 # y s field in West Vir-| CRIMI&SIP. " 16y 16 | lwose-Wil(1.60) 51 Wilee 4 G e iice g oRale ! MEMBERS: :‘r:;:h(;‘r!‘l:l m;?a;“ L M:wm”m: LT L R TR : aov; | Lorilard Co .. 391 F gy, | Superlor Steel. .. 2 1| of l‘-.rv:'llvw icksburg {s chairman of the | o york Sock: Hrenange erties in thar field to the Koppers Co | C M & St Pefa.. 16% 161 Loulstana 011, 10 10v 104 | SymingtonCl A, i1% 12 A2y poomeRatice. Enicans: Board "o Frugd® of Pittsburgh. Pa. :!\msm ofefs. 22 1 20 L:u?;:‘vfie:&)g) B8l | Pelautogra (60c) 6 8 15% | 100 Sh: Otld L ts These properties include about 'h! & Nwn . R%% |7 ! 3asA(l.( 6 2 26 : Tenn Copper (1) b 2 Wo10% |y . % are or 0l 000 acres of coal lands. with estimated | Ch1 & Nwn nfc7) 140 149 149 141 o Steans) 'Sha 1B e Comn ) N R : Comnccticus Ave et Deifalenint coal reserves of 300,000,000 ton: “hl Pne Tanl (R) 133 133 13 3 5 T 2 26 | Fex Gulf Sul (4) Vulean Detin 2 3 8 4 3 Virginia reports say that the in- | Ch! Rack Ts 5y, 107% 10714 1 % | MacAndrws 2.60 53 : o1, | Lex & Pacific.... 9 9 e : » Telephone Main 1581 volves somewhere between 15,000 | CRT& Pof (6). 102 102 Metisey mriess " 5241 rex PC&O(B0C). 1 £ Vule Det pf (7). 000 anad £20,000,000, ChilAs (£240).. 59% 59% 511, 504 | Mclntyre P (1)., 96 o5 | Jex ROt 2 Ly ol e T ,r-';‘."x.fifin'?:‘z‘lf\' 2 E E Mack Truck (6) 1084 10815 1074 1073 | .,T:‘d““"""”'g',’ a::lbn:':‘l:rl: ;3; ris P Ly P .| Mackay (7 g | Tidewatr AsOll. 16 ek : g NEW YORK MARKETS. Fhrysler Cor (1) 577 skt o e riie 18 | TiaWAsOlpfi6) 1 « | Ward Baking B. 272 4 2 An O ortunit CEW Y z ber 8 (P).—Ruye. | TInett Peab (5), % | Macy R H (c5).. 238 241 " 9% | Tidewatr Of] 800 22 2 29y, | Warner Plc A... 2 3 rt R N e ) Ve e NGB L 1548 (54 T8h MRS ). oo 2L | Tide W OIl pf (5) 86 6 B, [\WarnersQuinta ) N « pp y o ik AT anost. | CRTMERATRIAY 95 96 ‘gqis ‘95 .| WagumsiConies. VRN 2145 Timken (15). ... 1281 1281, 123 Warren Brs(15). : 5 f l l’f - e o e 5 6 ew | "oMins& A of (73 1085 108% 10 Mallison & Co. .. 17 s 49| Tobac Prod (7). 109: 9% | Warrenist pf(3) 69t A ol a etime York. Lard, easy: Middle West, Col Fuel & Iron. 5 0: % | Mallison pt (7) 3 o4 im Tobac Prod A (7) b 5 3 | WarF&Pipe Cor. 4 3 5 Wheat futures nominal. Other | Col Gas & B1 (5) sa7 ManatiSugar... 39 30 g0 gy |.LranscontOll... oL B L P i S s o T g | a1 BREof A (8) 1074 10 074 Manati Sugar pf 5 4 Transue & W(1) o (o 3 Y , £10.000 each. Their investment to eyt o G fhinoay.. e B Mandel (2%)... 3 25 | TwinCity R (4. W R s, e be secured by a first trust on prop- | com Cren €13 241, o4y ? oav | Man ElSup (5). e i a on s erty worth over a hundred thousand POTATO MARKET QUIET. | Ll LU i D Man £l m g (d5) é l;:";:rr:{godrl‘gl))- Western Dairy B 4 dollars a bonus of 100 shares of CHICAGO, December & (United|Com Cred nf 61, $eii sgq 88 g | Man Shirt (2) : UnBe g & reber, Weat Marylsta. stock o each investor. that will 10, el .oBeig . n Bag &Paper. 9 West Md 24 pf.. States Department of Agriculture).— | Com Tnv (3 &0) &% FG4 F aracaibo Ol Union Cach (8) bl make each of them a $100.000 profit. Potatoes—Receipts. 77 cars: on Com Tn Trpf(7) 101% 1015 101 Q:‘arl‘:et Street Union OIl (12 - 21, \West Union (8). A careful Investigation will satisfy 244: total United States shipment Com Kalwen =7k Teaw |q:‘;x4|" 158 o peior. nion Pac (10), 931 192%% ! Westhse A B(2) g ::r‘:n;'“‘""'",";:":'":_’m'""r‘;'r"'_“'l»m""." cars; no sales account of weather, OE 3% | 33 3 33 n Pacitic pf( " i ) sting - 1 2 L E : 3 R i Com Powerrts.. % % MArRook(12%). 40w Union Tank (50, 1201 '12 bl LUl || meot. address Box 264.5. Star Ofice. Conda Nast(2).. 48 4%% 4R ‘“'-1::"‘"-1 ary (2) 16% 16 3, | UldCgrStiC80e) 3 33Y Weston Electric. . JAPANESE PACK FISH. Conaniai Nal 2 TR B AT DS aa, 6 2o | U Cgr St pf(6) 4 Weston A (2)... e S 5 ong Cars(t41; T REY A S (). 51, | United Drug (9) 4 9 90% White Eagle (2) SAKI, Japan.—An abandoned L : Bl betts Taciory Jast outhide the mats| CIRIENE (). VBV <83 Taru Caak LuLIBE LD oo UsaiDyswint (7). : White Mot (2)... Y d atribn “ % MetroG pf (1.89) 2 v Utd Fruft(t6%) ; A sen converted into a % 5 . 9 139 | willys-Overland bor here has been converted into 2| rancal Gam (6).. 1164 116% 115% Mexican Seab 7 " USCIP&F (10) 212 W &0 Y 6 l/ 7 What Stronger Assurance Could We Give Tou Than This? IN SUBMITTING its offerings of first mortgage &% bonds tor your consideration the Rear Estate Mortcace & GuaranTy CORPORA- TION expresses its opiniop of their safety in anmistakable terms [t places on cach bond its own direct and uncquivocal guarantee ot full payment of principal and interest —a guarantee which means that every dollar of this Corporation’s resources ts behind every dollar you wnvest 10 GuaranTy Bonps And so chat you may appreciate the tull meantng of chis guarantee, we point out that this Corporation has capital. surplus and teserves of $3.738,36981 and total resour of $5-18,511.66 : Let us send you further particulars abous these guaranteed 69, honds hefore you make your next investment. You bave a choice of $1,000, $500, $250 and $100 denomenations and. of one to ten-year maturities. fish cannery. Small fish similar 10| Consemenntrky 1on 1 ane 1161 Mtlami Cop (132 14 R D8 Dl oy sardines are being packed for sale 10| fanpREhA nf 6 c 12071 Mid-Continent. . % sl Us Di:xl;r :H;l ¢ 9 vx::::: goc:'pAt" |lhe lgcmd";‘\)'al ‘Y e Tm:wm s i g 7 m‘:nsl‘smss " | US Hoffman (4) 4 1 9% | Woolworth (5) .. 2 i% pacific. The Japariese *never have | Com Rake & 47 Smr 5 v Mid States Ol et b 0l 9 9% | W w92 y been able ta compete successtully With | cant Rakine B . Midland pf (112) 223, it (O BIHOL (b IR B! S A First Deed of Trust American canned fish products and | ot pak nf ). a4, 911, o a Miller Rub (2)., 3 221 2 Us 4 68" ihe new enterprise is regarded here | mont cap (5) oDl R0 e Minn & St Louts 41y ; Jq,:‘::,';',';,’:,;; Wl GO L £ Notes for Sale as indicating a more determined ef-| ~ont can nf(1). 1931 19210 1931s 19 30 Yellow Truck... u fort 1o obtain a large share of trade | cons fnaur (8).. &4 - sed va) enils o s ; : u u U S Realty (4) £ R Secured by S Rubber. . Youngstn Sh(5). 3 for Japan. cont Mant (R0c) - 10% 11 S Rub 1st (8). % 4 Hourly Sales on N. Y. Market. Im";;:‘:,-::':;’ g;;::b G ——— Corn ExRnk(20) 605 605 5 es.. SSmelt (3%). 45 3 tam.. .600 12 m.... 1,106,000 s S Corn Prod (43 641 65 &, | MoK & T pr (6. 1075, Smpf (3%). 1p.m.. 1,387,600 %p.m... 1,979,700 Principal and Interest & \ NORTHERN PACIFIC DIVIDEND Gorn Prod of (7) 3774 | Missaur (Eacino. ooy 1% 521 | US Steel (1) 38! | Mividend rates as s1ven 1n the ebove table GUARANTEED | R.rGAGE NEW YORK. December § () --|CotvInc(t6)... ¢ 116% of. 113k 2 U SSteel of (7). 137% 138 137 138 | ara the ~nnual cash viyments based on k GHARAN‘I'V > CruethleStes! 3 Montana Pow (5 0215 2 Un Leaf Tob (3) 62 A 62 5: iatest auartsrly or nalf vearly declaratior REAL ESTATE “ CINTOGTDNT DI DG TS 6DV DG DR DG DT DG DN D DN DGO DE DD G DT DG D06 M 0 G M5 6 DN GO “The Northern Pacific declared the res- | TTieas el SentheneyWess. 110s. IlEed 6 1 | {21iess CTherwise mutod. axivs of special Givt Falioate : 4 & . De(12%) 54 L an ular quarterly dividend of 125 a | RS NIGTC b? Moon Motor.... 6l 61 . GUPRLeA (o) e G of *tradii sk than 100 shares MORTGAGE & : share, pavable February 1 to stock of [ cuba Cane Sanf - 200 Zhe 20 2w | ol T huers, ah o o o c 1 garily et Blosd o 19 Uock % Bay. TY 26 JACKSON PLACE record December 30. Cuban Am S (1) 9% 19% Motton Ple Corp. 7 Snailumt .- e I e vt owuiihe (ot GUARAN | ST Cudahy Pke (4). & 52% 52y | Motor Met (3 60) 231 231 223 20y | VAN Raaltepf... 444 41 STen oer sent'in com etock. vayablé CORPORATION tiss Aero.... 53% 5 52 Motor Whi (2) 27 27 27 | Vick Chem (4).. fiol‘- % 69% b 2% % quarterly ¢ Plus £ % in atock | Pay- MEETING POSTPONED. hman's (860 1347 134 1345 ullins Body. 73" 70w . 1 4] Glatas TR HER - (S18 1 o0 ok M T 0% m “inek e Teigs /80 || Main 1403 26 Jackson Place \EW YORK. December _lcushmann of (7) 1165 116% 116% 1161 | Munsingwr (3). 4B 46U 46 B 100, ;108% Share n tock |1\ Sine S1n share in special Tl;‘:k;'\‘:w”\“mm Decemt ,l ) UD‘) i et i L e e [ Murray Corpn. 2% 218 \\/'l:.l‘grr:rg:;';ll % "1‘:3:2‘ 1?2’;«: ‘?5% u:;:; stock Bl t“i’”flcrumg:' rur.ooam cry Ward & o sche re&Canf 71 1100 1140 114 114 Nash Motor(16) ~ 15 4 BN Ve Car Ch A% b bl 46ty 46 4B MUl A stork, mElgp B7n fete sy Del & tud (9)., 138 1 L85t 186 Nat Aeme (sta). K U 6% Va CaiChpl(7) Y0 90 9% SUKI, Pius wne balt i - 7,. ock.