Evening Star Newspaper, December 15, 1927, Page 14

- T - A AT ™y THE EVENING ‘STAR. WA m.\‘r;Tn.\‘L 15 Iy \\CY_L 3 1227, PRICES G0 HIGHER MARKET ‘ Loans on Real Estate 3,5 or 10 Years WE BELIEVE OUR ECONOMICAL PLAN OF MAKING LOANS WILL APPEAL TO YOU Residlences, Apartments and Business Properties in the District and nearby Montgomery Co., Md. ROSSEEPHELPS Founded 1907 Loan Carrespondent John Haneock Mutual Life Insurance Co. 1417K St. Main 9300 i()pening Rise Fcllowed by Reactions, but Values | Come Back. Columbia Sand & Gravel and Union Trust Reach Tops for the Year. 115" 166 130 254 991y 1% 29m 107 1135 BY EDWARD STON wo more record high m: were chalked up on the W change today, Columt Nand & Gravel preferred hitting 106 for the first time, and Union Trust Bank stock registering 303, Trading in Potomac lect Power cent pre rred led the market s changing hands at 106% two shares of Washington & ¥ preferred came out | Sanitary Grocery preferre ently been so stron; w6 30 recovery 127% L last to st since re e ReSY 314 584 Tk ! 66% 87 108 Kisk 1St pE (7) Fleischmn(13%) Foundation Co Kox Kl A (4). Freept-Tex t4% Gabriel Sn (3%) Gaidner Motor Gen A Tuki4). Gen Asppait. . .. Gen Bakg pf (8). | General Cable A Gen Uigars (4).. uen Elee (16).. Genlsiee sp(§Uc) Gen Mot (17%). dien Mot pf () Uen Lutdr Ad(2) | Gen Quidr A (4) Gen Ky Sig (5). | Gen Rrefrac (3). | Gillette SaR(15) Gimbel Bros Gudden Co..... Glidden pr pf(7) { Gold Dust (3)., oudrich Ru (4, vodywar Lire. . oodyear 1st pf. Gollin S H () Potomac Elec $500 turnover in | Power 6s w just under the corded at 1081, price of the year. Bank Votes Six Per Cent At the meeting of the bos p 3 e Washington Mechanics | ‘am piano pf (1) nk, held vesterday the | awnpog Lt (1) ular quarterly dividend of 4 per | am Radiator (51 cent was declared payable January 1, | am Rewpublie 10 stockholders of record of December | am Saf Raz 143 At the same time an extra divi- | A Seating (14) dend of 6 per cent was declared pay- | Am Ship & Com. able Decembe khols o | Am Smeiting (8) record of December The bank 15 | Ao S & R p(7). now on a 22 per cent dividend basis. | op, Sti Fdys (3) which follows the policy established | am Sugar (). Am Sugar pf (7) Ezra Gould, president of the bank. | am Sumatra. ... reported to the board that the bank | s Tel & Tel (9 was completing its most ful | Am Tobacco (8). year, having shown . a | AmTobaccoB (8) ain in deposits of $350,000. | Am Type Fo(8). al Trust Conference Planned. | 4™ x’,o\o"le :'lflc) E. D. Sampson, general agent of | ‘(i \wojan'sé” the Connecticut Mutual Life Insur-| o0 ance Co., announces an important | sm zine'pe. conference Friday at 3:30 at the City | xnaconda (3) Club between life insurance men in | ‘arsnarin n'(3)" Washington and the trust officers con- | {n LIl elss nected with the local banks and trust | xrme oeiia) companies. ; Armourofi1l(B) The aim of the conference is to dis- | Armour 111 pf(7) cuss ways and means of bringing | arnald Con&t'o. about closer co-operation between the [ Art Met] (1%) insurance interests and the trust de-|‘assa tiry G (2% partments of the banks. Insurance eX- | Aseo 011 (13.20). perts have learncd that vast sums pald | Archison (110). . in life insurance pdlicy settlements | aichigon nf (5). are often lost in an amazingly short| sy Coast L(t10) time by the beneficiaries. Theé figures | o¢ Guitg Wi pf. they give to back their statements are | 11} Refining (4). bewildering in their size. | AtlasPowder(4) Insurance men all over the country | Atjas Pow pf (6) are now trying to get the banks 10| austin.Nichols. s o branch out and secure the handling | yustrian Cr 4. o of these large estates to the better ad- | auo Sales. . . . a vantage of the holders. Much actual | AyioSales pf(3) % a0 poverty is repcrl‘:d from bad manase- | Autostrap A (3) SR & nt of estates by those who al S ‘ o :‘r];ir:ed in such responsibilities. It is EA}dulnL ). 252 252 % ] advantage of | Balto &0 (6).., 118% 117% clearly to the mutua oo S LT e the banks and the insurance concerns | g% and | Bang & Ar pf(7) 111% 111% to check these losses if possible ey T 111N tomorrow's_conference will take up|paTRed A s the matter from many angles with the | Fera5q] 1 £ hope of practical results. iy sn. ciih Union Trust Declares Extra. i Ol e The board of directors of the Union | goty o0 foiooe 58% 57% Trust Co. yesterday declarad the reg-| gy gel pt ¢7) 18 117% ular quarterly dividend of 2 per cent,| giooninoga1e o0 50- - 50 payable on January 15 to stockholders | Bimingdle pt 110% 110 _of record on December 31. | Blumenthai pt. 921 92 The directors also declared an ex-|gon‘amiC) A (5) 6% 66% tra dividend of 1% per cent which is| grigge Mfg Co 24 23% to.be paid on December 19. British Emp 2d. . i am Commercial Distributes Bonus. Bkin-Edison (8) 195% 191 The Commercial National Bank has | skiyn-Man (4). 56% 56% joined the growing list of local finan-| gkiyn Un Gas(5) 145% 144% clal institutions which are remem-!Brown Shoe (23 46% 45% bering their employes with extra conl- | Brunswick B (3) 331, 321y pensation in connection with the holi-| Brunswick Ter. . 184 16% day season. Yesterday afternoon a|Buff Roch&P (4) 7 T Christmas bonus of 5 per cent of | Burns Bros (B). 17% 17% the vearly salarries was distributed 10 | BurnsBros pt(7) 99% Y93 all employes of the bank. Burroughs Ad 14 140% 139 ush Term (g2). 2% 62 Takes Position in Boston, Bush Term sts . o Miss 8. Winifred Burwell, who long | Bush Ter de (7). 1084 107% has been an employe of the National | Butte Cop (50c) . 4% 4 Metropolitan Bank, has resigned and | Butte&Super (2) 10% accepted a secretarial position in | Butterick Co. 46 Boston. Miss Burwell has been one|Bver&Co...... 8214 of the most enthusiastic workers in | By-Products (2) 69t Washington Chapter, American In-| Gant Packg (4). stitution of Banking, and at present | Calif Petm (1), is chairman of the publicity commit- | Callahan Zino tee. The important duties of this|Calumet4& ar (6 office fall upon the shoulders of Rob- | Calu & Hecla (2) ert H. Lacey, assistant cashier of |Can Dry (13%), the Columbia’ National Bank, vice|Can Pacifio (10). 214 216 chairman of the committee. | CaseThreshz(6) 260 260 Cent Alloy (2).. 284 28 Regular B. & O. Dividends. | Contury B ot 17y G3° 43¢ The_directors of the Baltimore & |Cerode Pasco(4) Ohio Railroad have declared the reg-| Certain-Teed (4) ular quarterly dividends of $1.50 on|Chand-Cleve common and $1 on preferred stock.!Chandler Mot pf Both are payable on March 1 to stock | Chase Nat R(1¥) of record January 14. | Chase Nat Bk rts The Nunnally Co. today declared®a | Chat-Ph Bki(16). dividend of 25 cents per share at a | Ches & Ohlo (10) meeting of the directors in New York. | C & O Corpn (3). The previous semi-annual dividend | Ch!& Alton pt.. was 50 cents per share paid on|Chl& Eastlil... June 30. | Chi & East 111 ‘pt Chi Great West. Ch1 Gt West pf. 90 6574 1313 74 57 405 31 Y draw safety 404 3 1724 129 67 654 744 8% 106' 106% 66 64% W 18274 I181% 1724 172% 128 60 2% 50 Th 43 524 59 85 Century Without a 83 401 120 Loss 42y 1038 117 their income returns neither de- L] layed nor defaulting. B. F. SAUL CO.. Main 2100 925 15th- St. N‘.\V‘ low pr Light w at 581 9% ite 1074 2% on 192% 19’ 106% 106% 187% 1874 391 89y 1L 107% 63 63 103 102% THERE IS NO SUBSTITUTE FOR SAFETY Hammer It Into Shape T IS an old Chinese belief that Panka, the fist man, who was a giant in build and brawn, ‘hammered the world into shape with an adze. | Baltimore Markets BALTIMORE, December 15 (Spe-| | cial).—White potatoes, 100 pounds, | 1.50a1.90; barrel, 1.25a3.00; sweet po- tatoes, barrel, 2.00a2.40; yams, barrel 2.00a2.25; beans, bushel, 1.50a | beets, 3.00a4.00; brussels sprouts, quart, 12a20; cabbage, 100, 2.00a4.00; cauliflower, crate, 2.50; carrots, 100, | 0a3.00; celery, crate, 1.00a2 bushel, 20a30; lettuce, crate, onions, 100 pounds, 1.00a2 0 | erate, 1.25a2.25; parsni 50; oysterplants, 100, bushel. 2.25a2 75; spinach, bushel, 40a | 90; Savoy cabbage, bushel, 20a30: squash, crate, 1.00a2.50; tomatoes, crate, 2 50a6.50; turnips, basket, 20a30. T S CEADRT . €., THURSDAY. . DECEMBER e — et i | i NEW RECORDS | NEW YORK STOCK EXCHANGE | . ! Received by Private Wire Direct to The Star Office. i | i | i s i o High. Low Close. | Open High Low Clnlf . “I!h Low 1,!:\.p FAlRLY UN EXBHANGE HERE AbIUIbE Pow(5). 145 135 149 138 |DoAgeBrosClA 19 19% I1¥a 194 Nat Tea (4). 175 1740 174 | 2 > M : | 96 | Dodge pf (7) 71 T0% 70% | Nevada Ci1%).. 19 Adams Ex pf(5) 96 96% 9 | i . { Adv Rumiey.... 12 11 3 fDomeMines(1). 13 1% 13 [N LB ) e < 5 | o a3 Dunhiii int (4) 6% I N ¥ Cent (8 6204 [ o : : i - | Du Pont (1141 ) 3184 8 NY C&StL (6) « Rails Join Climb in Last S \ Duguesne pf (7) 1ok NY Dock. .. | Afax Rubber. 104 { NY KB & Hoer o E . Alaska Juneau.. 1% iastman (18). .. 168 ' NY NH&H e 9%l Hour—Trading a Little | Albany Paurez). 24 | Bastman pf (7). 130 Ny NnRBot e | Allted Chem (6) 152% Enton Axle (2) 26y N R | : | Amal Leather... 124 1 AutoLt (1614) 100% Ny e 100% | Lower in Yolume. Amal Leather pf ¥7% Klectric Boat... 16% Norf & Wn(t10) Rie | Amerada (2).... 22“ Klec Power & Lt :;l\i 20 3 :\JflrAvx) bING stk a0 o ST e nae e o g ooan) et North Am pf (3) BY GEORGE T. HUGHES, Bl e £ o lam Choof .. | ttec zerat North Seg18). .. ol e ? ORK, December 15.—An Am Bank N(13), 151 Stge Bat (16) NorBaictalls . | Special Dispatch to. The Star | upening advance in the cotton marke! | Am B N pf (3). 15 Jonn (5).... Nectin ol (89 NEW YORK, December 15.—The | today was followed by reactions under | i e et Norwalk Tire. .. “tock Market registered a fairly gen-|realizing and Southern selling, but | | Am Br Sh (11.60) SquitableTr(12) Ot Well Sup.... al today. Business was a [ HECSh Gred ub ”7{‘4”,’4-{‘”’..[vl:.‘.d\fu‘x'“-\‘}\ Am Brown Bor. Erle K K. .rs 011 Well Spe. 1 1 ittle lower in volume, but, price | d on the bullish view of veste own Bo " 3 ‘ us J pied i o e SR Opnhm Col (4).. Thu | changes were predominantly upward. Sonsumption figures and_re | Am Carswd 103 R e Orpheum Cir () 25, %| The ralls lagged most of the session iass e sotie {npbiVerpoal AnGicleit) ki Al s o g |only (D teptn e hour. | g to 11 points net higher. . m Chicle (3). 1% tureka (£14% ). s Sti prior X z 6 - Qi Ao DTUE(E0s) . i F'““v“ bl CHI oSt e K3, | Now Haven was the feature above 60| = The = markel openid steady a at 1001 Am Encau (2.40) 53 8| e E L o Outler Copf (7). 114 114 |at the t 1916, testitying to| 87 fcvahee of 3 to 16 points on o which has re Am Express (6) 4704 17 fo uium s Owens Bot (ci4) 837 831 | wall Street’s hope of dividend action [ SORERUAtIoN of ot o again sold at 1 iy five shares | AT & For Pow 0% 300 e Veam S, .- 5 [next vear. There were none of the [N svidently found further en s Hutgeed and alghis five shates | AmsFo Po pf 11 108% 108 Ked MOUL(ESUD) Pac Il Stubs. 14 wide opevt by i the speciafty cluss | SELCAESERE (. Hie relatisely, i tonal Mortgage, & Invesiment | Am iide & Lea: (IS K s Logieson o TR Upset the market Wednesday and | S1SNINE of the Liverpool cables. — it S 4 4 Fifth Ave (64¢). Packard (3).... b6l while most advances were moderate, | JHEUATY sold up to 1 ! / I fer of 13 shares of Se Am Ho P (240). 67 pegosiniey el Paige Moto 16 inspired more confidence from |2 1Y%, recoveries of about 65 to B Ok siisn’ o | Ambsioan H0413) 3ou van-Am Pet (4) 45 fact. Money renewed at 4 |Boints from the low levels early Tues- fivershassss of Foderal Amency -| Amdnterpaciiay BN Pan AmPetB(4) ad% per cent and held there all day o o i attrasoq. R common moved at Am an ['&l‘;?‘;::’f 62"' Pan-Am West B. 20 Copper shares were easily the lead- | ITHPEE. DAETINES, n:imrt‘ ”::;*L‘L‘:f;;' HE Am La Fr&F 65 Panhandle 16% The demonstration in this group uang by 1ece buyers and s AR Ginmed e Parme-Fam (8 1071 the most vigorous in many days I“"“v'"l‘\,"-L“‘I‘l']:‘,’l'i‘l";" e “‘fl"'g‘ SAFETY IS T ot | - 7 ParamountJts., . 1% p b | ctically every copper stock listed | !5 tHaulcatio e market ease 1| Am Locomor (83 107 iurk % Tiford.. 374 {64 lon the exchange advanced more or |9 15 or 16 points, but was holding | KEYSTONE Aol 1 Park Utah (80¢) 10 Wl I Kennecott, approaching 84 was | /o’ 4 10 8 Points net higher at the AmMagFy pfc1) P'athe Iixchange 4% % & lutanew high for all time, Anaconda|®"f) of the first hour. | ¢ S 7i m Metals (3).. Pathe 9 A 14). . ve 55 was at the highest since| b pues. atribiteds thes sl —of all wise investment. With- patinoarin) - | 1922, Others actively bought inc some_ Continental and Bombay by, 1 Panick & Ford.. ISl Ouppen G delBinco. (he a0 Bl e o et DU and the whole phucpecrh iy b AT Eeipiit % |in cotton cloths for India- at low | 2 T Penna R R (33) o4 % e e recent yanid movers | Drices, with ‘improved demand from structure of your investment Pooples Gas (8) 1t ot Cananca & Calamer ana | South’ America’ and a fair mmnos‘f s 2 . LnCD k) Arizona went along. So did American | P*P4INg: ! invites eventual loss. Our l_,::":‘_g;;f‘f’tff:f Smelting & Refining. | — | < : | ’hila & RC 1 Speculative Energy Outlet. ‘CORN AND WHEAT SAG' A R TS Strength in the copper stocks did | | e o Fhiil 62, FIRST MORTGAGES 2 : 2 not seem fo be ed on any de- | ’ oie Davee A | velopment in the market for the IN TODAY S DEAI.'NGS of a . S el : metal. In fact, prices were said to | I Plerce Arrow of. 9% el los =S P A ? Pierce OIl.. . n 5 T s el ol Tt maee | Il —are, first and most important, s R {ulative energy had to have an ou'- | Farly Rise in Grains Followed by || Fir e let and it found it in the copper | vl Eacdd 1lv- absolutely safe Bliea aavava e stocks. It is an old tradition in \\':111] Speculative Selling and tundamentally, absol y 3 Lo 4 . | Street that advancing quotations for | = 2 A et iiiooTiehd (1) copper stocks signal the end of a | Profit-Takin And this means, besides, that Gotham hew 24 Pt i R bull market. Whether this had any | g ; Ba ; Gotham H pf (7) Prod & Refiners. ILieakins on the prdsent clbuation re T their earning power is sure and :::?\b:r:‘f“(“? Pub Serv NJ (2) maun"::r ‘rl:nrxt;fx«linr By the Associated Pres e ther & at c | Gt Nor pf ofs5) Pub S NI or the utilities, especially the | CHICAGO, December 15.—Specu- Uridoruis). Pullmn Corp(4). ones. Electric Power &|] selling of corn today and sell- dre Wes S2.80) Punta Aleg Sug. taien: lo lirge spime |ing to realize profits made corn treen Canan. ... e op around 31. anc s i Bl i [ Face OUL (115 jcan & Forclan Power: Amer.|Drices here average lower in'the late | | Guan Sug pt(s). | Purity Bak B (2) 913 jcan Power & Light. Common. | dealings de: the fact that com- Guir Mo & or .. | ParityBak of(7) 107% wealth Power and North A"X‘"_““” :nn houses were steady buyers 3w & N pta6) S | RadloCorpof 4. 8l fyene. all ationeitime, erianoiier Uik, tehint the amhe o Ritedahl sex. Gulf States Stesl | Radio C of (3%) 5 In eome degres, Fhiladelphla, CGoy | ion, An overnight bulge: of 24 cents Guif Sta 1st(7). Sadiodit 5% a_minority stock, set a new high for [ 190, £ overnight hulge of 25 cents Hanna tst pt Beatlis - i A W ot A1, Teoples Ges 0 ORF |l fibed ke Lol and B e Hareneha (1), ARAIaE nariay. o go improved on a small turnover. | 4 1¢8 [8led to hold and this ciren | Havana £1 Ry Hoal itk Hos_ . 24 fthirig’ was heard of the proposed| Golfe NS B8 S ¥ o are was b | Hershey Corp..! | Real Stk pf (17, 86 | utility ‘investigation at Washington. | ;30 (058 0P ratr old: weather aver | Lershey pi. .. Reld los Crm3)” 7 Airplane Shares Rally. the domestic corn Delt, ‘a_conditior ershy prpf(6) Remingtn-Rand 23% Goniing ity i much desired to promote ctibbir yming to the specialty class, the | MUuch romote : z‘;:n";‘:,“ = }"‘"“,;l“""' 7). 94k | stocks which created so much excite- | _ “‘L";: i ""»“"_‘}‘1 it ety o5 i ol i | ment_yesterday were not quite so [ het lower: wheat, % to 14 off: oats, Household (14). Rop 1 & 8 pf (17, 104 conspicyou. * The alwlane Jelires. | 1L 0 1€ 00D, ST RS HEins] Houston Oli.... Revnalda Spnen’ 115% Wrigh: and Corties, rallied after their | "y, "ol ohny i Rore, Recnsumnond| Howe Sound (4) Rey Tob B(1634) 157! severe break. Porto Rican-American | yonsth” of corn values at Buenos| Hud Man (2%). Richfield Oil 28, [afedce dinne 00 was futer sl taken as reflecting mear | Hud Man pt (5). Rossia ins 8).. 179% bt mimeh less active. Insteall Gothams | . pqystion of the Argentine’ pid rop. | Hudson blot o) { Rossfa InsCorts 22 | e s e atos"sS: | the shipments from which have been UpD Mat(1.40). Royal Da3.13%. 474 dustrial Alcohol came to the front. X% qh_e“‘f’“"“';‘l"afi Ll ;“,"5“,}‘\’ 1liinots Cen (7). St Jos Lead (13) 41 | The two last named made new high | Na3 asserted that Burope had ab | :::ou oll'l ). ;: !LA:SSM;Fr;!). ;03 records for the year. “-(:.;;fl p,\—px\\fpe‘ka :‘Anda lm\‘:' am’n:rernolxl'\] i 10 Mot (1 anF pf(6) 100% ¥ | moan X llnghnjl:.:nln‘:.) St L Southwest. 78 ;.‘;:;“u’}‘f“’iug;)u‘Jf United States for ndian Refg ctfs Savage A 214 Stuff s 5. Ingersoll B (147 Sohulte (3%y..s Fan Aside from the effect of stremgth | e Sihnice of (D). 100 in the corn market, wheat today Inspiration Copr ! Seabd Afr Lin 29w, showed independent firmness at Lntcontt Rubl(1). Seab AlrLpf... 384 times. Rains in Argentina, causing | Internat Agri. .. Seagrave (el.30) 13 deterioration of the wheat harvest| ririy e P Ul L I o AR outlook there and likely to interfere Int Bus Ma (6).. 102 2 | Seneca Coper... 21 with the Argentine wheat crop move- lut Cement (4)., 1 ment, acted as a bullish influence. | The unsettled weather in Argentina was reported to be general and w predicted to last eral day PRAIRIE PIPE DIVIDEND. INDEPENDENCE, Kans., December | | 15 (®).—Directors of the Prairie Pipe Line Co. today declared a dividend of 0 per share on stock of the com- . Tke dividend is payable Jan v 31, 1928, to all stockholders of | record December 31, 19 Sometimes when you get started on a spending splurge it requires some good hard blows with the adze of common sense before you can hammer your financial program back into shape. Shattuck F G (2) iut Com Eng (2) | Shell Un (1 40).. Int Comb pf (7). Simmons (2) Int Harv (38) Simma Pete Al::n‘:‘zcn&n:.zm Sinclatr ol ler Marine. i Sinelalr pf (8) | Lnt Mer Mar pr. Skelly Of1 (2) . int Nickel (2). Snider Packg Cn intl Paper (2. i So Por Rlo S(f2) iat Paper pf (1) South Por pf(8). Intl Silver pf(7) | South Calif EA Int Tel & Tel (6) South Dafries 4. Intertypectiig), Sou Dalirles B. Island Creek (4) South Pac ¢6) | Southern Ry (8). 1454 AN T [ShlcorMre . 2% ) el S0 8B (3% 0% Apples, basket. 1.00a2.50; barrel Kan City South. |Stana Gemiearts 5 1 ‘/' 250a7.00; eranberrioe, box, 4 NEW YORK, December 15 6P). securities as the 6% First Mortgage Notes offered Kan C 8o pf (4). KayserJ (4). {aa filrlllnmqiéi' 100 93 | hox, 4.00a5.50; tangerines, hox, 2.7 l{‘;‘,.‘e”m‘ ib;?:l:iu-?rfiz‘de;loo?fxml‘elr:s-' through Swartzell, Rheem & Hensey Company. |s 2 Df (8). % 3.15. : et s o d 42 & ohs Kelly-Spring. e ol ;;lleu(‘o(:;(:::nmfl dend of §2 a share on | | Kenneeott C (6). | StaoN.NT(1135) 9% e g Jai e ncreas Kinney pf (8)... | Std OINY 1 &0) Y Hfiml“ gfi re{!};}fllj v enf! e 1o 38 Kraft Ch (1 13§) Sterling Prod(16 134y 154% AR s D EECIORY Hiest. {0n Kresge (1.20)... Stewart-War (8) 814 811 dividend action this afterncon. | Kresge Lept S. . Kress S H(h1%) | Strom Car (2)... 41 421 e — STEEL SCRAP HIGHER. | Lago O11 (78¢). . | Studebaker (5).. 0% | Studebak of (7). 124 e s Submarine Boat. 4% 414 b . December 15 (#).— Lamhert Co.d8) Sun ON (11),.... 32 10 Prices of steel scrap are higher in | bl Supertor 0N [* “a, : the Pittsburgh district, sales of heavy | jenEVaIG. | Sweets of Amer. 101, 11% Dressed - poultry—Turkeys, pound, |melting No. 1 having been made at | LifeSav (1.60) Symington Cl A, 3% 13% 40a45; old tom: 35a38; poor and | both §15 and _$|5 50 a ton. Other | Lig & Myrs(£14) Tenn Copper (1) 104 11% coooked Ureasts, 35 youns, chickenny|gvadssiare in. 60/ cents a)iton., | Lig&MyrsB (24) | Texan Coron (3) 525 5k dhatnaoa. sipinold roostens, 10al7; e i ! Litq Carb (3.60). i Tex Gulf Sul (4) 764 77u dughs. 20080 ecse, 22030, ; native| ROSSIA INSURANCE PROFIT, | Loew's Inc (13) Tex & Pacifie.... 99% 99 Rlctinty 28 coeabativ | e ol A ToRDI). 1 and nearby, current receipts in free| NEW YORK, December 15 (). LonpBaiAS cases, dozen, 40; strickly fresh, dozen, | Rossia Insurance Co. of America Pl ATy 41a42, ed $23.48 a share on 64,000 shares $25_par in the finst eight months of | | 12% But you'll find that a well-formed and faithfully followed plan of monthly expenditure that calls —_—e for regular saving and investment works out best RECOMMENDS EXTRA. | . . . especially if your investments are such sound 10815 108% 106% 20 24w 20 53% 5 Dairy Farm Products, | Live poultry—Turk pound, 40a 4 | 42; old, 35a38; poor and crooked breast, Spring chickens, 25a26; Leghorns, 23a24; poor and thin, 18a20; old hens, Leghorns, 17al8; roosters, 15a 16; ducks, 24a26; small and poor, 18a | 20 geese, 20a25; pi pair, 20a30; | {guinea fewls, each, 40a 214 59% 28 87 65 ,i Swartzell, Rheem & Hensey Co.,, " * 1 NMortgage Bankers i T27-151h. Street, N.W., WashinglonD.C. 59% 124 4% 32 A 10% 13 10% 5254 58 Years Without Loss To dn Investor' - 41% 42% 4% 570 570 A70 204% 206 204% 2 821 824 Bl 11% 115 42% H Tex Land Tratn 25y Thatehrp?(3 60) 48 i | E Butter—Good to fancy creamery. e DRI A8 pound, 48a54; prints, 54ad¢; blocks, 53 LoulsGasA (1.1 ladles, 37a38; rolls, 34a36; store- Third Avenne... 21 | Thompsn JC(74) 64 4 ¢ Ludlum Steel(2) ed, 32a33; process butter, 4la MacAndrws 2.60 Tidewatr AsOfl. 164 TIAWASONINF(6Y 90 Tidewatr Ofl 800 22 L A | Tida W O of () 8774 « | Mackay (7)., | Mad Sp Gar (1), { Timken (+6).... 130% Tobac Prod (7). 114% Sait | imgme Cop cay: Tobae Prad A (7) 1171 11 78w | Mallison & Co. 594 | Mallison pf (7) Transcont O 9% Transue & W(1) 49 1131 | Manati Sugar p 574 | Mandel (234).., Ly | (Inderwond (4), 6T4 7% | Man EI Sup (). | tIn Rag &Paper. 43 | fInton Carb (6).. 1474 123 | Man Elev gtd(7) 124% | Man K1 m g (d5) Unton Ol (+234) 44 | tInion Pao (10). 1934 991 | Man Shirt (2)..., Maracaltbo Ol1. | U'n Pacifio nf(4) 81 |flMl‘.er|1(‘RflM 2 Marland O11.., .. | Tnited Drug (9) 192 | Marlin Rock (14) 11714 Dre 18t (3% 0 | Marun-pary (2) TThd Fralt(45%). 142 { Mathiesan (4).. | Utd Paperhoard. 20 | May Dept 8 (4). | 1S C 1 PR (10) 218% Maytag (13).... USCIPpf (7). 122 MetroG pf (1.89) 1S Distributing 1814 Mexican Seab. .. 11§ Aleohol (5). 106k Miami Cop (1), US Leather wi, 22 Mid-Continent. 1S Leather A.. 5%% Middle States. .. | 1S Leatorpf(7) 104% Mid StatesO1l ot Midland pf (113) 1S Realty (4) | 178 Ruhber Miller RRub (%), . JU.8 Ruib 19} | Minn & St Louts 3 B ’HBSmR" 3%). 4 Min Bt P& BEN. 61 | D8 Steel (1) 16k M St P&SSM pf. 84'% 84161 1S Stealnf (1) 138 Mo Ran& Tes.. '41% 415 | Un Leaf Tob (3) x5 MOK & T pf (8). 109% 109 | Inl Pie 1st pf(8) 100 MiaourtEeaiRDL Fin 513 | Ut PRLYA (a2) 2 Missouri Pac f. 13% | vanadtum (t4).. 5 Montana Pow (5° 106 Y vick Chem (4).. h1'c Montgmry W (4). U6 Nietar Tik Mok 2% Moon Motor- .. . i Vietor cv pf (6). 108% Mother L (50¢ | Vietor pr of (7). 101 Heard in Financial District. PRI W. W. Spaid, president of the Dis- &8 P, trict Bankers Association, was back | Sh! Mil & StP pf t his desk today at W. B. Hibbs & ;g:}‘f‘sfi;‘;f:r. Co. | The Federal Reserve banks' final | Ch! & Nwn (4).. reports show that subscriptions to the | Ch! Pne Tool (6) issue of $250,000,000 Treasury certifi- | Ch! Rock 1s (5). of indebtedness, dated Decem- | Ch! Yellow Ct4). er 15. total $1,200,117,500. The total | Shilds (32.40).. of subscriptions allotted was $261,761,- S,’.‘l,.f:;'c’:,‘{g; Vo0, | Howard R. Norton. Alpheus E. |Chryslerpfa ). Riddle and Fred A. Smith were elected | Gty Stores (B). directors of the Columbia Permanent | Cluett Peab (5). Building Association, each for three | Cluett Pea pt (7) vears, at a meeting of the stockholders ingflrfi?(.i'm' yesterday. |C The “Big Four” Railroad has asked | €0l Fuel & Iron. the Interstate Commerce Commission | Col Gas & El (5) for authority to issue $15 in | Col GRE of A (6) mprovement mortgage 4% per com!g::ncérb:nx«:n.. % red ( he Washington Bank Women's | ComCrof (1%). Club will have a dinner and Christmas | Com Cr of B (2). t the Huguenot next Monday | Com Cred pf 6. ing. A Christmas tr 1d several ‘(;0"' lgnl‘l",r:lf"l.l t to the Com Solvents:: € | Gom Powr 13 %), Com Power rts, . | Conde Nast(2),. | Conzoleum-Nair Cong Cgrs(t41z) Con Clgars (7). Ohio, December | SO1 Clgars of (7* DUQUESNE LIGHT INCOME. SW YORK. December 15 (#).— | export, | Net Income of the Duquesne Light | | Co. for the year ended September 30 rose to $8,624,490 from $7,067,747 in| the preceding 12 months:. MONEY for SECOND MORTGAGE LOANS Homes and Business Properf Investment Trust Shares of the . Investment Corporation of North America Wheat—N red Winter, 36% red Winter, export quotation; No. 2 red Winter, garlick domestic, 1.36% 0. 3 red Winter, | garlicky, domestic, no quotation. Corn—No. 2 yellow, domestic cob corn, new, 3.70a3.75 b Oats—No. 2 white, domestic, 62} 63; No. 3 white, domestic, 613a62. Rye—Nearby, 90a1.00. Hay—Receipts, 10 tons. New hay is arriving in only limited quantity. Q ia ‘arrliing i oty PHILIP MILSTONE t iy, therefore, not being officially | : : graded and wells strictly on its merits, | ji_1104 Vermont Ave. Decatur 1681 within range of 14.00a17.00 a ton, tim- - — g |:¥%E§Zh&,uuuu.so ver || Monay Availsbla fox : nl FIRST DEED OF TRUST LOANS 0/ 6l Wheel & L Ior | Reasonable Commission Willke Englers ln % : Prompt Replies to Applications Vit i JAMES F. SHEA White Rock(13). C43 Louisiana Ave. N.W. 60% 114 58 594 1133 570 8% T 123 123 124% 124 9% 99 82 80% 9214 91 108% 108 964 23 ' a2 23% 284 23% 281 8815 881 102 100% 168% 1674 69% €8l 1w 1% 48% 48% i8% 28 831, 82 85 g2 100% 100% Trustee: Empire Trust Company, New York City 'HIS investment trust was organized to provide a sound investment, in which both large and small investors may participate in the annual profits and steadily increasing capital values of a widely diversified selection of common stocks of America’s leading corporations. All of these securi- ties are listed on the New York Stock Exchange. The trust is sponsored and managed by the following bozrd of directors: ROLFE E. BOLLIN dent and Director First Vice-President. Mer- chants Bank & Trust Com- vany, Washington, I C. WILLIAM W. BRIDE, Vice- President and Director Corporation_Counsel of the District of Columbia RALPH D. QUINTER, Treas- wrer and Director The Referee in Bankruptey for the District of Colum- bia L 37 36 61% 61% 1697 169 Waest Pacifio, Wes(n Pacific p West Unton (8 Westhne A B2 Wastinunse (4). 61 1697 1 - Presi- PHILIP DE RONDE, Dire¢- tor- Director, U, 8. Fidelity '« Guaranty Co., Baltimore, Md.; " Director, Empirc Trust Co., New York City GEORGE A. GARRETT, , Director Partner, F. B. Keech- & Company, Members of Neir York Stock Exchange, New York City ALLYN S. GOULDEN, Di- ractor Partner, A. 8. Goulden & 100 Consol Distribut 3 roved buving from | Congo) Gas (5),, 117 manufacturers is be-| Gonsoiias ofe6) 103 t itselt in this dis- | ConRiCuba pr 6 72 equent strengthen- | Gonaol Textile. . sheet prices. An increase in | Gony Rake A +4) s sheet prices from 4 to|Gont gaging B. . predicted for the not distant | Gone Bak pf (8, | Cont Can (6). 100% ur 102 30 .. | White Sew Mach | Willys-Overland Willys Od pf (T) | Wiison & Co. Wilson Co pf A Wilson & Co pf.. 844 Woolworth (6).. CHICAGO.—The volume of trading n grain in this market is not as heavy as that of a year ago. Deal- ings in wheat have been particularly restricted. Corn trading been sdightly heavier than last year, but the was a falling off in the buying and selling of cats ATLANTA.—Ford dealers here re. port heavy on the lan of new cars to be delivered siy months hence. Prospective purchas ers are already turning in their old cars and commencing their monthly payments. oo ol by KANSAS CITY.—There is trade in pork products repor packers here. This is especially good in the case of fiesh pork cuts. There rl=n is 2 rond call for d 1t meats 16nd rtocks showed a substantial de- sreasc. installment | [ Cont Insur (&), Contl Insur (n) Cont Mant (suc) Corn Prod (13). ,Colv Inc(t6)... | CrueibleSteel () Cuba Cane Sugar Cuba Cane Su pf Cuba Company. | Cuban Am S8 (1) uban Dom Sug. udahv Pke «4) Curtiss Aero Cushman's (84 { Cushmann of 17) | Cuyamel Frute.. | Pavison Chem .. | heeresCo pf (1) | Del & 1ua (9).. | Deri.& W 7). |DRG wstof, . Detroft B4 (8 Devoe & 1t Devoe& R 15t Liamad Mich 110% 138 202 275 86% T4% 10% 10% 64'% 64 18% 117 87 854 5 301% 50 4% 41 15 114% 187% 186 13 527 16615 166 42% 41 50 138 188 50 a1 14 187 139 527 166% 41 138 Motor Met (3 60) Motor Whi (2).. Muilins Body... Mullins B pf (8) Munsingwr (3). Murray Corpn.. Nash Motor(ts) Nat Acme (sta) at Bellas Hess Nat Biscuit(1? | Nat Bisc pf (7). Nat Cash R (A)3 Nat City Bk (20) Natl Dairy (3) Nat Distiilers Nat Distillers tlead (5)... at Park BK(24) At Pw& Lt (R0e Nat Radtator(3) Nat Ry Mex 1st. Nat Ry Mex 24 Nat Supply (16). 1101 109% 109% Nat Suply pf(7). Nat Burety (10), 14% 47 /9% 36 20% 95 27% 24% 65% 93 19% 17% 21% 224 32 1A91 671 19% Va-Caro Chem. . va-Car Ch 6% of | Va.Car Ch of (1) | va Iron Coal & C Vivadou (3) Vivaudou pf (7). Vulean Netin... Vulean Detin(A) waldorf (1%).. \Walworth (1.20) Ward Bakine B. Warner Plec A. Warner-Quin(2) Warren Brs(15). Warrenist fé3) WarF& Pipe Cor Webh & Hall 69% Wells-Fargo. T W Penn E10f (7) 1114 West P Popf(7) 116 West DalryA(4) 55% Western Dairy B 26 West Maryland, 50% Worthn Pump. . Worth Pump (B) Wright Aero (1) Wrigley (13%). Yellow Truck. . Yel Tr&Co pf (7) Youngstn Shi6). 90 2% 3an 91 95 tlam.. 600.700 1zm.. 1pm..1647.200 2pm... 271 224 | 32% 169% 67 vearly declaration: fatest uarcerly ‘or i lal ¢ Unlegs ciberwise noted. xtra or sp. are not_included *Unit of trading less than * Partly extra £ Plus 4% in etock. able in common stock 9 Plus 2/50 stocs aPaid (hie vear—no rexular cate Ten ocr sent i ecmmon stock, 7 quarterly o Flus bls “ahay carned. ock { Plug 10 stock. € Plus 1 hare in stock lua $1 a share in speci n%n- stock " Blus 2% P stock 1 Plus stock _k Pavabie@}/40 of a <hare o asolue 8% in atock Clase A Partl; % 3 in o Bis 0 BRI rm y %3 in oreferred ,vw‘c.k Dividend rat+s as 7iven In the abuve table ars che annual cash payments based on_the oasable % in gtock d Pay- & vagable 'lo_cash ol eriv 6129, First Deed of Trust Notes fcr 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 Company,Tivestment Ban): sraWaskingto, D. C. JULIETTE V. TARTER, Secretary Washingtam, D. C. of the Trust Kae been b & oy Vg EPAed b Circular giving full details, including a list of the companies represented in the Trust, will be sent without obligation. Ask for Circular A -3. A. S. GOULDEN & COMPANY Investment Bankers ; ROWLAND C. RINGGOLD, Director Sharpe & Dohme, * more Balti- Al legal matters incident to the creation Messzs. Elis, Harrison, Ferguson Telephone : Maps 2000 Woopwarp BuiLsing Wasameron, D. C