Evening Star Newspaper, December 15, 1927, Page 15

TINANCIAL. THE EVENING STAR. WASHINGTON, D. C. THURSDAY, DECEMBER 15, 1927. FINANCIAL. S 15 Money to Loan TOPPERS LEADERS | [~ wonx BONDS sios exuwva] TRADE IS IGHTER | [ NEW YORK CURB MARKET - | [LcSime e st i Raceived by Private Wire Direct to The Star Office Received by Private Wire Direct to The Star Office tions—Fhane Blig.. 9th & F N.W. ITED STATE Sajes Hieh L =5 ; Yales Hich Low Close |US Hubils..... 105% 1054 105 ("M Xet Proa ... . 0% % Pantepec Oil Lib3Ws... 1510212 102 1025 | U S Steel sf 5a. 109 108% | AT Bk Bar v ] 1 Pennam, on Corp Libist4%s 46 10310 1039 1089 |Utah Pow & L 1024 100% Alleon Brue £ Lib3d 4%s 142 10022 100 19 10020 | Vertientes Sug 7o. 15 100 100 Allson Brus & :: 1 * ich Oil Cal pfc Andes Convertibles Feature.| Livs ks 96108 10330 108 |\arnersus7s41.. 2 106w 1054 106w | Developments More Favor-| A zert § Ran o 21 Ipha Port Cem B | 4 Rvan Con US 3% 43-47 101 10225 10220 10220 | \wait'tieo 58, ... 104 103% ch'co: [ BB ; Tidal Osage, 0 . o 220 10715 10717 10717 | \westn Unton Aiss. 1127% 1120 i . ) Tid 0s O N V.. I Big Utilities Issues Are FOREIGN Westmanonseter. 1 1044 104 able Than Otherwise. | aidmmisfevc gu i u| i;oldeed o Willys-Ov 618 38, 2 1024 102 28 | . % " D $9 ¥ : Well Absorbed. Argonein 5™ g15 $1% OG. | wimona'co 1o as 12 101 100 Ford, Canada, Rallies. | PR S 12| ith, STANPARBGHISSEES ARBRO | Argentine 6s Ju b 100k 99% 100l | ToUnRstn SAT 4a. 13 1054 103 8500 Contl 0il n | Argentine 63 Octs 12 100% 997 100 RAILROAD o R ‘ i kX et 3 083 5 N 3 thdl The Telephone Number BY CHARLES F. SPEARE. ity 100% 100 | gccntsonadi4s... 6 94 .oeu o4 | BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star | Austraiia 58 195 ONW 18 [Afchison gen ¢s .. 33 9K ot | ecial Dspateh to The Star [ | Argentin NEW YORK, December 15.—The | Austral oTn 97, |AtlantioCL 1t 98l NEW YORK, December 15.—Trad-| i Yine M 0875 108% 102 i i fuit i of o a7 arket b8% | 1 Amster Trad ... 1 4 - 4 b aplei ; he | Austria 7 y 037 10414 B4 OG0 4n ... 19 47w 97 | ing on the curb market today was less | Amer 'S | “: ndia public reception given m; g o= e L TR A N | e Dovay 1004 active than it has been during the| o}Am ol &Ch ve | X : 3 'W-public utility bond offerings today | g,y m 9 99 99 E 20 1047 ke past week, and movements were not as| 1 Superp B A 3 | ° . . *nd. the advance in the convertible | Relgium % R ol 105% 105 impressive. Prices alternated over an | i A% fark Bl 0 | adio SO : i : GRS | ~ =g L S toon toh © 1L 109% 1090 109% | jrregular to steady trend, and with the 1008 6 K 1 1841l 4 “ . d8 of copper-producing compa 4 08 0 Onic 3 1 Has Been Changed were t atures of the investment | Belgium 7s 1958, .. 3 1041 104% Os.......... 2 102 1024 exception of a_ few specialties, net it e, © 1300 Vacuum O Jyere the features of {SaEumiets “tpfalpi efimoss L. 7 U 111 ‘hanges were circumscribe R el sl Both the $60.000,000 issue of Phila- | BeiRlum fs, E 109% 1091 | WY 4s, 9674 967, There was little in general news to | . Baheock & Wildox 12 2 Tanlewin delphin Co. secured 5s at 98 and the | Bollvia & 3t 103' 103% S s 50.. 106% 3% | stimulate activity on either side of the | hia Corpn i | ORI pow 4 to . | dordeaux 93% 983 | B¢ O Taledo 4s... RO 9% | aecount, although in the final analysis | 231 Bancitaly. Cor, o 3 6 Allied Pk SeL TR Duks Power $s st 1he |y et 31 93 938 93%, | Brawy & 7th Avae o 6 dovelopments were more favorable | i Bl £ W mo.. 3 5 A {The :2'":'""5,’:""..51“«‘1"’0.'."‘3.. Stock | Brasii 7 96% 964 | BKIvn Manhat fs 97 9 Y than otherwise. A note of caution per- | S s E @ Am B S « 108 Exchange and sold at a premium of | Brasil & 107 107 |Bif R& Pitrays, 15 9y ited trading circles, however, and & Borden Co... Anaconda about 14 point. Dealers had very few Bremen. Stat h 101'5 101% | Can Nat ¢1s57... 100% f the business > | % pril] Comm 4. App Py i) PR ,:‘ bonds 10 give their customers and | Buenos Ares7s 57 % 96'% 96% | Canad Pac deb 4s.. 8% r character. T Rritlo M1sF A . 4 2 Pa A 10803 B aiiann:. were deeply disappointed in the size Buenos Aires 7s 53 164 96% Can Pacdlpsds. . | 1000 100% | ation that Bancitaly Corpora- | ?xhl'v'\ Am 'rua g of their aliotments. This is another | Canada 6s 1931.... 102 2 | Car Clinch&O 6s 52 109 109 | tion officials would raise the dividend ¥ evidence of the demand for attractive |Cunada 68 1952.... Centof Ga fs..... 102 10z |rate along with the recently announe 19 By bonds with a fairly good rate of re- |Canadabts 1yzy.. & Central Pacific s 93% ed s in Bank of Italy and| 3 Buf & turn and also for the present strong | Chile 7s 1943...... Cent Pac 1st 53 99. 3 1045 ;| Bancitaly Co. stocks was not realized, | a1 Huf N'EE ris wi swing on the part of investors toward | Chile 3s 1941 = “hinese Gov Ry 53, P 2 514 {Ches & Ocv 4 44m. ., i 100 ular quarterly disbursements of b It ol - e the obligations of electric light and [Chinese Gov Ry 5s. 1 2.% 25 s Gam o ; 103% 1041 | cents per share. Apparently, traders y . o5 : 35 XMAS CASH X Open Untl] Chesa Corp 58 wi.. 99 99 |for the corporation declared the reg: 3 7 BN power companies. Con Pow Japan s, Rensntant % 95 57 | Cht & Alton 38, 73w 74w | had anticipated just such action for b ] ki oY g0t i n o . e (Sotenk mun kn ot y I 61y S| the stock “today Muctuated montly | 21 " L gl 5 TH&';?%'I;ED L 5:30 PM Ry Coppor r 3 5 9 around 135, at which figure it close i Con Azuirre 3 : S s 4 | £ = > _ The rise in Andes Copper convertible | S16Cho i s rets R e o | Wvadnsatay. hicloans ent Pip Cor.. ... 8 BOLE Tigm Se AL 1003 BY CABLE A0 IIL JIL TTRC) - ey 8 was sensational. Following the | S26Ch0 b8 1961. : Chi & K Lign 5861 27 > Ford Motor of Canada checked its | & "Sonthw. . 03 ; ; 9514 : R TODAY Jump yesterday 4 points on u : Chi Gt West 4564, 124 b decline and on more active transac 3 hleg e : 3 : F moderate turnover the honds today 4 MRSt e b ors. 3 tion' 801 up_ to 800, thereby cancellng M &% i : . i ) TRUST went up 9 points, selling just 30 points 3 e : 5 not only a_ 20-point decline of yester. SP 0 o Cudahy =5 : DEPT. ) 3 for the special con- over the price in 1926 with better than | 191's e *hio 5377 A P e iy, biit adding 10 polnts toilis calie % N 5 2 Det It 6w 1007 1 L1} venience of the man: A 25 per cent appreciation on the cabi- | ) 1 | 51as Nov 8. CM&SPevd psizers 3 vt | Nilés Bement Pond ran up more thap | S p VBt or i s 100 1 1 s tal originally invested in them. The | g oo 8 ROE S8 SM&SUPenils \ point and Midland Steel continued | ] i \ 63 1 Refriz 0 7 OLDEST departmenta’ cIpOyes bonds are convertible at any time iInto | puien tast 1 4a 42 L &SP rf 4158 cf 7 its forward movement with a gain of | 3 Consol v . RO &n 1 Natl. Bank and others who are pa- 44 shares of the stock of the Andes | yy'Saivador 85 45.. 1 | 108 10: 1& St Pev 36 6 4 pproximately 2 points. Tubize Silk, onsol . | BFirestg T & R 58 0615 X in District trons of OUR SAV- Copper Mining Co. y y 4 M&St Pcv 5s cfs 9 on the other hand, dropped sharply. %3 K 8 I Fisk _Tire 5% 3 of Columb: 2 | INGS DEPT. Tnasmuch as tbe control of this ; CM&SUPSs... . 16 105% 103t 107 Newmont Mining, a recent spectac: fotrta 10 e TRl s i : ) is held by the Anaconda Cop- A 5 Chi NW 4158 2037, 2 ular strong feature, ruled heav bt % Gal Siz P 801, [ ] 1 One Dollar or more benei:'s of its operations | D33 115 ( Chi & NW 68 274 | profit-taking and an easier undertone & C 3 3 i : will open a savings ac- whould reflect not only in the Anacon- | grench 8. e ..« .. . |Ch1 Rys 8s.. prevailed in Fox Theater “A" and 1R g BS 3 | 136 i = count copper stock but in the 1 per cent | German £ 96 9 ;i |ChiRI&Prtls.. 5 ‘ Gold Seal Electric. Public utilities were 1 Dom &F 5. 6 convertfbles, both of which were| German 7s.. 5 Y 6 CR I Pac4%sw.l. . frregular with Electric Bond and Share, 3 Dubilier € & R... 3 g1 | e e 5 bt Organized in 1814, $irone, toaay. ' The bonds advanced |ier am Bank J ] y s e 24 103% | the recent feature, selling off. Un 1 BurA™bin " nid 5 4 T s to a new high level. Ger Gen Elec 1 3 315 | C ne6sB0.. 5 96% 96% 9 rtainty over the outcome of the 1. East Dairies Inc.. a 3 | 1 -t Aside from these two issues the | Greek 73. ... s pe Chi Un Sta 4145 .. el il ls s kR . e tom i it | - IS mar 113 Years Old tone of the industrial list was heavy. | Haiu 6s... 100% { Chi & W Ind cn 4s. g 91% | in issues of this class. Glen Alden| 1 ontl war. 13% ? a8 7 Ind Oil bt There were substantlal declines in | Holtan 1004 | C & W 1 14e 2. Tk ol isatly 3 poiots: : el 34 3% i pel. G o Porto Rican Tobacco s, Goodyear 5s. | Huns 34 102 Clev Term 5%s 3 ! nter : s : Argmur & Co. 5%s_ Sinclain fs and pros s g Y4y p CCC& StLbs ... W g 1 i i;’:” ate B | ?grsggs": e )T@p@ ]1 an an and a lgss of 1 point in Dodge Italy Pub 7 31 Y UCC&SILriasA 3 ; 3 : i & 1 i S iRurate fou : R, BrEnt e oo e T " > Ca S s is P Wall Street Briefs Vaer o 48 41y Hop 6"8 03 i PAID ON e Ciha R R 58 9 T4 4 15 Lenigh Pow de 4 10¢ g SAVINGS Capital. Surplus and Undivided Profits, Over $2,000.000.00 : Cuba R R 7iss. s ire - o8 Lib M . Speculative Rails Heav | Lyon ea. 3 ute sonn s fcuTa R Tage: o 4 3 NATIONAL TEA 00— National Tés § Ford Mot Co'cs i 20 Lone Siar G o 15th St., Opposite U. S. Treasury The tome of the speculative rail list | Marseille . Y Chicago, plans the sale of an ad- 5 E | 4 was also heavy es ) Mexico ¢s 04 L 2 :"e:: e e ditional issue of $750,000 of 7 per cent 1Chas ";’)nd';.ufE.thec board :\;l; Llln:(\: n :}:;:::;:l_m" b I_:n“':n~‘g: 2o 8 preferred stock, ‘;'"‘ m,.r.»o»a to be o !MF.,."“ 2 ction: SReS - - b > » : o i y chase of stores 3 rod E 2 e nc:;rred l;lre(?::tl\' v\rr:’ul:\or 4ufl and | Milan 6%s........ . Den& Ri0G 448 36. 8 ¢ o4 Et:x’:- N u‘oh:::n]';‘::: Co. of \\'i‘u(‘uns&‘ilr’l'.” 7 don” Bak A % %7 i FEC “ . . . - o o ils | Montevideo 7 D& R0 G Impbs.. 5 100% 100% 100% 3 b il 3 e B SN ] ; ; RPN Jawmge. Migh soede :ML | Netherlands 6s 1 3 | D Rio G West hs § 6L IR ¢ (i i | ea 1 a lnancmg were off from the best of the week b, g 13, 4 4 iidoard e o*| MOBILE & OHIO.—The Mobile & Gen Fireprie . 3 b0 5 1 There was a sharp reaction in 1. S. | Norastgs......... 8 99% Erie 3t cons 4s. .. 9 89 9% | onio has inquiries out for 25 x 1 80 Loud Mo E : : aes A 108w ' el Liberty 3%s and further evidence of | Norway 5%s. 100% riezen 4s.. . 88! | cars, 250 gondolas and 200 flat c G s } ] b on DAL K i oncern o esponsibl it liquidation in the third 4%s whicn | Norway ¥s (443 Erleconv iz, .. T4 8T |ana s in the market for 6 passenger Tow 103 3 i mature next year. way 65 1944, .. 2 aaSemt. . s S ches. Southern Railway also is in- i y h p . : French, German and Polish hopds | Norway 6s 1952, .. 1: Erie & Jeraey fs .. 14 f“::,‘flf: for 55" panacamer oirt unier 3 Gold Seat E1. . ] 8% | ch & IR UL VR | MONEY —when you have maturing mort- SN S Seentel fhe | VRS Ly RS, 3 S BB L .fEeiedTu) ol ain. b e 101% | frames and the Delaware & Hudson | 1} Groent Tan & Di o | Gd Ner 2108, 104 104 gages to renew, or want to raise a feeling that Lindbergh's flight has es. | Uaris-Ly-Med 6s ¥ Slamonent ..o X1 5T | has revived its inquiry for ¥ baggage | 3G R B X- S0 - % 10 TO LOAN loan on your home, apartment tablished a permanently cordial rel ’ Grand Trunk 7s. “% | and mail cars. Hanniness ¢ St ; 7 ] R . tion between Mexico and the United 0 O% |Gt Nor 44276 D . 1 101 e 0 Hiee OB A 4 5 1 Pac G&E 4 0 on Real house or business property States and. thereby improved the posi- 0 103t 103 " 1035 | Great North 4}ssw 3 100, 19 | GeNgRAL ICE C 10 Holland Pura 3 G asu | TnEarFam L s 4 ] ; tion, of g1 Mexioan, government and | Larh T s oo : 3 Hiedsdadaul SRS N 11%a | holders of General Ice Cream Corpora- 2 Horn [ 5 ] s ! 3 | Estate in lis company is - under the same railroad-issues. P:::!::- " e % 101% | tion will meet in Schenectady Decem- 2 Huslera . 7% AT T Phila Sub'n 3348 § | iership and management as The e ‘ ! o & anaren 3 i v 920 X2, Yol on ap Incrase ifcomy auTy Lol B ! D.Cand | ommerda Nauion Bk, s sharges o Sats. DR -~ - - 11 Cent 4852, .00 94% | shares and an issue of 50,000 no par 4 g B e Ey Vicinity Lopel Siteest ARt couot et From the Weekly Scotsman Postedlecre s : i Cent ret ol @ AT "% 974 |shares of $6 cumulative preferred. i a: v Pub S E . 09 99 Prompt service—talk over your prop- On the screen were two heads very | Frusue 7%s. 5 10d% Ul Cenr 4% 5 66 1 101% 1 228 |, Rem Arme ! LOWEST osition with us. close together. The adjoining hero w ithiuelbe Un is 4 { U1l Central rf 58 55 Wo110% BRNATIONAL ACCEPTANCE i 4 "4 Servel Dol i 1» kissing the blonde heroine, to the ac- | 1o de Jan ¥s 47. 5 Il Cent Chi 4 35 100% | — ‘International Acceptance e -~ L SR - |l INTEREST Our 6% FIRST MORTGAGE NOTES companiment of sentimental music. | 5% | L11-C-C STL&ENU. i 107% 107% | Bank is shipping $240,000 in gold to en Pow p. e 15 SoeNALsen w100 and are Excellent Investments. Sold Out- A man in the cinema nudged his | e 5 0 0 int Rapid Tran 6s. 7 7% | the Straits Settlement o Teh Val € Saies 3 6% % k" Commission right or on the Monthly Payment Plan. neighbor. Suo Paulo 8s E Int Rap I'r 58 stpd 1% A Lib Owens S G b | Conference and Correspondence Invite po! “My life has been wasted according | Suzon (PW) 7s 2 int Rap T S 7% | STERL INDUSTRY.—Iron Trade L 3 B1102% - 4 » Cor % 1 . . dpwge sl i w' ) The Commercial National Co. te £5at.” be whispersd, nodding (o the [Saine 1s s2.. 4 '103% | Int Rap T 8% | Review reports increasing confidence M - Mavis Botting | o . o Paid-Up Cash Capital, $700,000.00 screen. “I've had three wives. but I |SerbsCrot Slo . {Int & G Nor 1st 107% | in the steel trade. Consumers of s Commercial National Bank Building, 14th and G never kissed any of ‘em the way that ' Soissons 6: 3 5% | tnt & G Nor ad & 974 | heavy finished ~steel not only have 2 McCall Corp n. . feller’s done it.” 5% 103 int RysC A b 12.. Bdbs e R D “Jt's never too late,” remarked the |3 0 $Ta | Int Ry C A 6%s ret been specifying more freely against all, Corn e -on Ao R omantiamSamxe .25 12 Texas P & I 5 # Transcont. Ofl 75 10 Uni Bis Am 6e. . 10 T Tnd "64e. 120ni L & R & US Rub 615 31 101 318 Rub A1 10055 10015 solisa o R AT S 3 - low-priced contracts, which producers d other man, who had a sense of BUmOr. | rong wiee Low ¢ o 98% $ms Gent of 45 threaten to terminate December 31, | 'i Moneel Bok “It is.” was the sad reply. “I'm $0{ poy,o 5y Kan City Ft S 4s. but also have been covering liberally 1 Mesabi Tron shortwinded these days.” | Lokio 5% 3 1961... 13 7 Kan City Term ¢ for first quarter delivery. With pig- 3 Metro Chain ‘$(ra . | Utd ningm 633829 2 Lake Shore 4s 2%, , iron contracting for first quarter and 1 K DEBT 1S REDUCED. | Uta Kingw o %5 37 6 Lake Shore 48 31 | first half shipment continuing sati @y | Utd Steam Copen 6: Y Long I rf & factorily, the trend toward strength in NEW YORK. December 15 UBi— | Uruguayss... : Houlskniamh vl steel prices is more pronounced and SMid W U 6s pid Glidden Co. reduced its outstanding | yogonuma fswi.. b 4% ydl o | L&N 4%s production a few points higher in some 1 Midvale Co..... p 5 25,000 in the year ended Octo- 3 produ i Mohawk Hud Po E 503 1004 100 I’,Z‘“d"';a'me company will continue MISCELLANEOUS Man Ry 1st 9 % 69 (;;mm.-l. Xrng ‘mm steel markets are T Rl ah 0. 28 4 e el vt . > | 2 P stinctly confident. i 881, 3R AR 1 L a1, o B e 17 | am e oot o o tovs WIS 1, | el cont i Bl gheliiie G b EXCEPTION Adtian D. Joyce. president. It Is ex- 24 1024 | Afii E1 Ry & L 68 61 15 103% 103 INDUSTRIAL ACTIVITY.—The rate Nat_Food Prod. -8 3§ Wenster Mil #145 : : ONAL VALUE R ar tne | MBSt & R (s bs 4 h MSLP&SSMcnds 51 91% of industrial activity in the United - A , 13 West Pow 33 4 : s anpmiamte.. ] 2100 10k MSP&SSM58382ta 4 100 States in November was 3 per cent N J : . : end o — S 8, : 5% " MStP&SSM5Ys 95 g higher than in November last year, W 1 o 4 e e s {AmTaTcluds.. Y% Y [3 102% but showed a seasonal decline of 3.8 A - x el S IN THE HEART OF THE STOCK ISSUE 0. K.D. [AmTaTolubs.. 12 1057 10 105 | 3 k o : 4 per cent compared with October this Nilew Be A B0 . Ag Mor_Ba 0s 4zf0N son s RETAIL DISTRICT g ! I x & vear, Electrical World reports. The 'C.! a ST g NEW YORK, December 15 UP.—|AmT4& 1'deb . ! & ‘ rate of activity is based on the con- : soumw'l!h‘erine?\:lv ‘{‘;Erg:fi;l“ec fg:-‘_\!;i: }.:: :VV:‘I:';;V::’ A | &TorinssA. sl:m[\ll(:n of electric n{l ~‘n¢'x"§:_\‘ by ulhmn Eac Gae &\ EI S017 | 8 gm‘,“ bin s 6 18,000 large ma ct ants | almolive Co. .. ox 4 e g 3 2 e e aston of Missouri 1o issue and | Auaconda ist 6s.. 24 105 el 65 : | rbtgtons the bopmers T TAn| sEmmteiadicd fo o G i A i HE .revenue on this remarkable property is approx- oT"™$20,000,000 common stock on | Anacondacv db 7s zoz 11: gt s - St ; ety 5 17, Penn O on pid : 5D i imately $20,000 per annum. Slight remodeling Jasuary 1. | Andes Cop s rcts. 996 27 | Mob & Ohlo 438 77 2 NEW YORK TITLE & MORT- iPenn O Ed b pId10714 107% 3 Free St Pros 2 Ll ol g . Armour&Co ¢%s 39 18 GAGE.—Under a ptan of profit-sharing S '!'!“'}g;' . ¢ !,'m; M;",‘;é;‘y;"y" ¢ materially increase this income. p ol S 3 Armour Del 6%8.. 32 ) | Nassau El 4851, 6 £ 56 | with employes, begun four years ago, 3§ ponn Wat P £ & S BIG FORD ORDER. | Atiantio Refin5s.. "4 2 NOTers iss : | payments totaiing $704,000 will be ar- | 11 Peodereli Mg | i i Lombard ¥ b i | At present the property is improved by a substan- NEW YORK, December 15 (P).— | Barnsdall 6s 1940, 199 100% ol “ |ranged tomorrow tor 1,700 employes 3 Thaip Dadse ‘Cor 1 [ e s s tial brick building with daylight on three sides. It Wwall Street hears the first important | Bell Tel Pa bs C. en 4s 71, |0 the New York Title & Mortgage by 5o 4 Mondor T | s h ' i ¥ fer for automobile steel by the Ford | Beth Steel p m 2 10z 2y, | N ¥ Cent 48 v8 7% 1Co. and its affiliated institutions, s fd 54 1 Momteviqe . i is, however, ideal for A DEPARTMENT STORE or Co. 32,000 tons of sheets, has been | Beth Steel rf5s... 198 | American Trust Co. and National Fur S P & L.. 30% 3o § Mo e s 21 any business demanding a DOWNTOWN LOCA- wed with the American Rolling Mill | Beth Steei 643 63. 0% | Mortgage Corporation. Kach employ : : £ MO Ml 5s 0 8% 0%, 9% TION, P e hich has plants in Middletown, | Beth Steel 6s... v P = 5% | will receive half of his share in cash. 2 Rock ; 10 Netherland 6 5. 107 A : IN. Cofumbus and Zanesville, Ohio. Bklyn 4 gen 68 st | NYC&StLdb4s.. 97% | The other half will be paid for his ac. e 2 1 Rio Bracas % 1% ol Sizarabout 705180 P Ol el w | 235 2 NYChI&SIL 6 15 8A 107% | count into an investment fund used : o 2 Rio Grande i ize about 70x150 to a wide alley. | Bklyn Union 6% Al S 3 =¥ | s...i. T Bldg 63 60. 5% 105% NY N Hav& H3ys 77% | for the purchase of New York Title & 0 Serv g . : 15 Rues Gov 5% 1 TRUCK MERGER NEAR. | 1 105 105 103 | NY N HavaH 4s 56 86% | Mortgage stock In the open market. 2 S Fn W fmme : A Chite Copper b8 lf“);: GENERAL MOTORS EXPORT.— 18 e : i e iy l- : : SACRIFICE pRICE < S ~ : 4 = - NY NH&H db 4s 67 NEW YORK, December 15 (P).— | Chile Copper b NY NH&H cv db 6 Nt o s S mierger of Inde: [iee Seatis e 7 | NY N HavaH e 105% | The American automobile is creating 920 ' EE wealth and prosperity in foreign coun- 4 b ; : $40.00 per foot | tries through its instrumentality in the s s ‘ ) development of the economic growth adent truck manufacturers are re- | Con Gas N Y b% N YO W istes. . horted near completion, the companies | Consumers Pow 63 % | NY QLW gen 49 65 of those countries, =aid J. D. Mooney, 1 Bros B 3 3 president of General Motors Export | 7 m, Bros B vic ] s Constant Increase In Value "5id to be involved including Brock- | Cuba Canecv 1 3 Y3 Y85 | N Y Rys 68 85, way Motor Corporation, Diamond Mo- | Cuba Cane cv 8s. 5% | N Y Rys 68 A 65 tor Car Co., Indiana Truck Corpora-|Cuban Am Sug & 3 w107 5 tion and one or two others. Com-|Dery (DG) T skl Co., on his departure for a two-month 1 Syrac W Macl ST bined assets of the companies total | Det £dison ret NY W & Bos 4348, tour of inspection of General Motors |;..§fu-n Axie PENNSY TO BUY CARS. operations in Europe. Everywhere in o 3 2 i g - % | the world the automiobile i building 2T g The Phoket e ,L'”i’f:’,;,,’ 10 3% | economic growth, he asserted. ceon 'S0 il Halratiet oL $15,000,000. with plants in Chicago. | Dodge 6s.... % Norfolk & W en Goodrich 6%s. L N L _,GERMAN BONDS AND STOCKS. |Seoorich64a .. 13 0%, Northern Pac 63 D. TN g t0 500 passenser cars, costing $10.000- Coal v 349, 8 o e =T e, O Y Marion, Ind., and New York. | Donner Steel 7 95 95 95 |nenes PR | East Cuba Sug 7% Nor Pac 4 %8 2047, . i Northern Pac r 115% CLEVBLAND TRUST CO.--“W cuit 15% %000 to ) | Mg SRR Loarmd 1 o R My Hershey o %8 ; |OreShort L rts 4s. 99% 99 are in a new era of business that Bise Am ptd 11513 ¥ i s 0 andi poeniDivRKtime | Realtors NEW YORK, December Hoe & Co 6% 9 Pennsyl gen 448, 104% v aracterized by stability, but only rel- TUME & B = § | . ¥ 1554 a5 Bid. Asked.| Humble Ol 5 4 Hennmiis B ative stability; of industrial activit i iy ‘;“"" Nie i —_— | 1435 K Street Main 2345 Ger Gt % s " Humble O & K 5 102 234 | yi6 3 f credit rates and of commodit 3 n A 133 13& 1 r or00" R M 5500 60.00 Pennsyl 6%s of c i Shay B *103 G B LET" Lomn withoui Lilinyis Bell 15t b % % E’ennavlz;‘ld 7 prices,” says Leonard P. Ayres, vice e WEST PENN ELECTRIC. | G ctfs ver 1000 R M. 26.00 tlinots Steel 4%35. vere Marq 1st 58.. president of the Cleveland Trust Co. A NEW YORK December ®).— | a . tQuoted in dollars per million marl 1ot Mer Marine v - o - = -4 fewi busi “The credit st i IS 5 ] Vet 4 s o Y 2500 35.00 | 1 PCC&SLL 53 B T5.. : | reviewing business. cre n Freiaht ’ 4 . | Net income of West Penn. Electric, HAmbaE 4 doliars | int Paper 5s 47 Port RL&P 1%3 46 6 " gencles that formerly came in business L o % | which controls electric propesticy: o \Ger Gen Elec 4 eI 28.00 inter Paper fd 6i G % 104% | Reading xen 4% 4 cycles is still with us, but it no longer " Util P&L vic B % % | American Water Works & Electrie, | Ger Gen Elec 45 3 Int Tel&Telex 6 96 | Reading J C 48 61, 5% 95 runs through the old wide swings from e NG WAy | for the year ended October 31, was | B e Bl & anprewar 25 150|J Kayler &CoS%s 108% | Rio G W 15t 48.... profound depressioa to feverish pros- 7 Bros Bic 1 s an increase of $1,032,359 I e R Estate Loan Hamburs Am Line 4% 0100 | Kan CP&L 68 A 62. 5% 1054 105% | 1o G West ol 48... 28 &: perity and back again. Its irregularl- 3 Wamer Gear AL 3 3 23 viou | North Germen Ldoyd e B Kan G & £16852.. 1 105 L0578 1057 | 'y Ark s L 4 8. |ties have been in large measure i, i | Krupp Bs 101 . | Lacl G rer 33 4 1011 Lo 1 7 d no longer fear v | dort 4skire-war Lacl G ref 101% | 8¢, ) ‘M&S g0 88 31 smoothed out. We need no longer Bwes o M He 407 ¢ b P,‘,?‘.‘:F‘{."'.'.‘;,i‘e 45 pre-war Lacleds 0 s s 52 3t |51 S et 4n 1 | the severe times of unusual business Wheatess* e 1 i PIPE LINE DELIVERIES on our ome unicl ed in dollars ber-share 1ggett y 2 224 S . 2y 92 27 | activity.” B Worth A wi.... 23 5 LG8 = J ey s ver- o’ 40.00 | Lorliiara (P) 68... & T t:;::: s . VA s : pNEW YORK, December 15 (P).— : & . AEG e R an dom SN G S e 08K 100N | e o erin s 3% loan| ASSOCIATED GAS & BLECTRIC.— | o * o0 Deliveriese by i1 Standard Oil pips Consider these important factors in o oo . - .. 13 00| siavate Steel 6. % 101 10115 1St L& S ¥ ad) 6s.. Output of clectrical encrgy of Assock | i Rindras, > ‘.‘,.:{:w" paovember amounted a4 seonto_Gellschaft. ... 500 | A ”y : | ated Gas & Electric system touched a 1 Am Explora. . AL S barrels = Dariiner Handels. . sl 00| Montana Pow o3 101% apus | WL & S Wige e new high point for the week ended | 130 Arix Globe ¢ .0 ily, compared with 14, lacm our 103!) ik 100 | Mor's Co It 4% 57 n6n 87 |StP & KCShL 1 3 | October, or Drondhe B 4000 | Now tong Tel 5a. .. 54 106% 1085 | San A & Arn P December 3, with production of 1 ) b ober, or 454, i Darmstasdter Hans ] 2500 | N ¥ idison 5s 44,0 13 105 105 |Seah A Ladibs.... | 237,578 kilowatt hours, a gain of 4 1 Sl | Heyden CA0R v 0| N ¥ mdison $%8. - 116%, 1165% 116 | Seab A Loon ... 55 5" 5i | per cent over the same week in 1 f : 3 = Interest Rates NorGer Lioyd 1800I N ¥ G EL HEP Sn. 2 110 110 |SBA!Flaés3sA. 95 | The highest weekly output in 1926 wz diie 1 i Austrian A E G oo | N Y i 101% 101% | Sou Pac 48 29 9% 99% 99% | 17,562,349 kilowatt hours in the week ] : Length of Loan Ny 9 108w { Sou Pacitic elt 9 94 |ended December 10. : A - ] £y " " 'PEDERAL LAND BANK BONDS.|N ¥ foi s 4000 e T e | ronk mrie. | e 5% _ Chion Nor ' Ed 5 Sou Pac s AMERICAN S R REFINT i | (Quoted by Alex. Brown & Sous Closioe » | SOTE B TRD L Sou Ry gen 4 9 g | 1ames . Brownlee, general sales man- 1 Hecla Min.... 0 Approx | N 2 : | ager of American Sugar Refining Co..| 13 Mason Val Our firm offers a plan which shoul, sked: vield. | N aten P g ou Ry Con 58 9. . 1 |ager of Ames g C a1l i shoul ¢ Agked vieid, | Nor Sttes Pow HE o 3;: I'“" S a 2 |has accented an executive vpusnm: ] Min Co Can. . FRED T. NESBIT . P dis: he - 4 Southern Ry 6148, 26% 12 2 with Postum Co. Both buying an Newmont Mining 1 | 1010 Vermont A Main 9302 ]! ype you desire. g | E e T SRR ... 106% | selling of American Sugar Refining 1 N°Y"& Ha Rosar 10 scmany AV, Main 9302 408 Pan-Amer Pete 8s. i | rerm AssoS L 4 2 b | Go. hereatter will Le in charge of kd. LIl R DR )| Pan-Amer Pete Ts 5% 105% | l'ex & Pac 68 77 rus 10 10 3% | ward A. Weber, vice president. e Can 2. A 3 T Lowest Interest Rates 07| Pnita Codigs 88 31 107 s JNInd Avs tekR) E Charles H. White, jr., sales manager Shattuck Deig 4 First Mortgage Notes | . 03| Phils Corrasa. I'nird Ave adj 5s.. 18 57% 58 | Mp imore, will come to New York SooAm Gold & || BEARING INTEREST AT 6% | Three to Fifteen Years b | Plerca Arrow s y Tol Tr L&P 6% 30 e e L ey ol i ¥ 5 - e B s I g raboporwt EP- W | Por Ric Am Tob 6s 82 105 Union Pac 1st 48 }| Public Service 5153 ! Union Pac 1st rf 48 y PRATT & WHITNEY.—One of the ] i ; CEEVER DS Public Service #s. . 3 Un Pac 4%s 67. g largest foreign shipments made in re- ; s M mEArToRs IO —_— PServGashigshy 2 1 | Union Pac cv 6 cent years by an American manufac- Member Mortgage Bankers, Asen. P Servas5ls 64 3 5 Virginia Ry 1st turer of machine tools on a single con. | i7'fs INDE of ‘America, ' o FOREIGN EXCHANGE. Remington Arms 6¢ va Rv & P68 b 3 tract=16° mflwal, of 'machine “tools | dede a7, : Washington, D. C. d W.B Hibbs & Co.» 5 and auxiliary equipment worth a quar- 18 Am Maracatbo Co 3% i EE (Quolapions (WSS, %, foid” elling choeke | SI0OIA N S8, for of a million dollars—has been kent | 0 Caranal Pete... 10, A0 10" — % value (T O 50880 | Sinclun M) 10 5 € 5| Wabash o%e 1 3 to Japan, it was announced, by Pratt | 3 Gi" sol¥ “ 2% 522 |l Mo e Money Loaned - < - 4 d. . lome, 3 14 , | 3inCrude Ot 6s West Marviand 48 by [ TOITRY, eV ne bl B ; rtgag y . Loane Parla 1 . | 3in Pipe Line 5 % 93% [ \yest MA 5 Y8 17. 1017 . —_— e —— .. 1 R ‘ | Sorsaers ] n Del aa et | WeR ST % 10 100 16, | NEW YORK MABKETS. (TpaTa e B Sn ] o Lo Il Rates -809 15th St. N.W Main 9486 Rome. lira. - 4 ] | Sou Bell Tel 5s. 3 St s R el ) Rl e il o B o » Zurich, Aranc.. .- | So Por Rico Sug 7s ) £ RIS - g G T l & R fllel’f d e el E il A 3 16 B OB, i Amaient, BT it | A RN e S :x'r'-'n':n'«'-?»’v;-uou"f"-tei 22 s i || 1yler ul ord ||| Mortgage Loan Correspondent Biaupest. . Deno f Sug Eust Ortent 78 100t Heine, ~Beethoven, 'Sir Humphrey | Winter straights, 6.60a7.00. Rye steady; | 7 o0 'Sac 6 s b ¢ 1 Tona:: Coleuphaos SENTaAN, Masieny Metropolitan Life Insurance Company frazue cowh Trenn Klec Pow fs. © 107 Davy, Whittier, Carlyle and Gladstone | No. 2 Western, 1.20% f.o.b. New o Mex 01} p ‘ ! 1520 K Street Main 475 . e <rown. a8 Toledo £dn iat Tn. 1081 were among the December-born nota- | York and 1.19 e.i. {: export. Barley & Mount Frod.. .. United Urug 107% bles, i steady; No. 2, 1.00% fALf. New York. 8 New Mex Land.. 10 P ahAaRbaRARSS ® RS ERE