Evening Star Newspaper, December 16, 1927, Page 15

OF GOPPERS ISES Andes 755 Are Feature Again. Ui 8. Issues and High- ~Grade Rails Sag. BY CHARLES F. SPEARE. UNITED STATE! Lib ath 4%s 212 US 3% 43-47 14 US3%s... 4 US4s 1944, 10 110 16 US4Ksb2. 611516 FOREIGN, Argentine 58 Argentine 65 Ju 69. 7 100% Argentine 8s Octs9 17 1001 Special Dispatch to The Star, NEW YORK, December 16.—Buoy Argentine8s A.... 6 101 Argentine 6s B 6 ANey i the convertible honds of the | Australia bs 19 PEr companies, but frregulavity in mme Other industrial issues and a AVY tone in the high grade and Undted States Government issues i?:':ll:::, the features of today’s Andes Copper 7s continued their | Belzlum Ts e and | Belglum 74s. . Progress toward a higher level 30l early at 128%, an overnisht Eain of 11 points and of 10 points compared with yesterday’s openit At this price they met profit-taking and became_dull, Anaconda Copper convertible 7s made an even larser Tesponse to the new high price e lished on - Afaconda Copper stack: into which they are convertible, sel- | Buenos Air MAg ‘at 31614, or three points up for | Canada 6s 193) the day. These two bonds have given | Canada the market the first sensational fea tures jt has had in somc +Chile Coppers " Other strong industiial | Chile Copper 6s, Dodze mallied 235 points; We: ahd Coke 6s, which at A recovery of over 10 points rééent low; Continental and Paper, with a rise of three point i g Jowing the announcement of an ¢ tension of time to exchange for Int national Paper Securities, and Ameri can Waterworks 6s, which sold up to 108. Against this was the weakness 1n R. Hoe 6%s, which lost a point, and in J. Kayser 51ge. The change in the attitude toward the First Liberty 3is was quite abrupt,; The bonds sold off about 1% | noint and at one time were nearly a| point below the high of last w Other ernment jssues were heav and in the high rails and public util tles there was noticeable indifference as compared with the recent urgent d!mnv’n’ for this type of investment. New Offerings Tell. Undoubtedly the better returns that have been available on recent offerings has had something to do with the withdrawal of investors from this sec- tion of the market. The Duquesne Light § per cent preferred stock offer- ed ts was in as great a demand as the Philadelphia Co. 6s sold yes- terday and this stock went to an im- liate premium of nearly a point. ith today’s issues amounting to wbout $50,000,000 the total for the week will be well tip with those of the -weekly periods this yvear. - The influence of more cordial rela- | tion between the United States and v 1o other hand the necessity for closing one of the big Japanese banks which was in trouble last April fiused !::Te -ll(& in Japanese securities, partic- “City o‘v‘f-n!l‘vk(n 5%s which de- clined & point. 'I ‘“WONT CLOSE CHRISTMAS EVE. —Governors of the New York Stock Exchange - have rejected a petition Bordeaux | Duteh El Australia 63 1957. . Austria 7s \ils | Bank of Chile 8 %8 Belgium 63 Relgium A8 Belzium 7s 1 1067 10414 114% 109 10: Belgium 8., Bolivia 8s Brazil 6% 6 102% 108 10234 100% Canada 5% 192 “hile 7s 194 | Chile xa 1946, o Cuba bls..... Czecho 7%s ret Czecho 8s 1951 Czecho 8s 52. Nanish Munie Denmark 8s....... East ] 6362, vador 8s 48 Finland s t | Ger Gen Elec 7s..,.. Halti 6s. . | Holland-Amer 65 italy 7s Italy Pub 78 Japanese 4s. Japanese 6% . Jergens U M Bs 47. Mexico 4s 04 asntd Mexieo 4s 1 Mexico 6s asntd. Norway fs 1952, Orfent Dev deb s Paris-Ly-Med 6s. Paris-Ly-Med 7 Paris Orleans 7s... Queensland Rio de Jan 8s 47 Rio Gr Do Sul 8. Rome 6%s. .. Sao Paulo 8s 1938. . Sao Paulo 1950 by members to close the exchange|Saxon (PW)7s on Saturday, December, 24, for ree-day _recess over Christmas. [embers of the Cotton Bxehatige an the Rubber Exchange bave vated t close the day before Christmas. ‘UNDERWOOD TYPEWRITER CO. —Jtocgmn of Underwood Type- writer Co. approved the merger with Elliott-Fisher Co., makers of office =gu.~., name will be series “B” 7 per cent cumu- h!-lvr: - stock of Underwood ‘callable lltbzl!.’) ‘l:‘: lx:d- dividends, will exchange !u:-“:n share of Elliott-Fisher 7 per cent . and seven shares of common for one share of Elliott- Fisher common of - either class. ~Di rectors were authorized to fulfill the with ayd!':n sl:oru .lu Co. ‘ertheim & Co. for the exchange mmufi’ than 70 per cent of both &w.d Elliott-Fisher stock out- standing. Underwood capital stock ‘was to 50,000 shares of pre- ‘F"m shares of “B’ preferred and 1,000,000 shares of common. PARAMOUNT-FAMOUS-LASKY — Pagamount . Famous - Lasky Corpora- tion %r;:l.fl a share on the com- preferred dividends, in the months this year, against in the corresponding 926 ' period. Net profit rose tog gs.m,m from $3,640,335. WHEELING STEEL.—Whealing | Steel plans construction of a strip mill’ at Steubenville,” Ohio, to cost between six and seven million dollars. INTERNATIONAL HARVESTER. —Difectors of International Har- Co. transacted only routine business at their meeting yesterday. STRUCTURAL STEEL.—Several mizable contracts accounted for an in structural steel awards the last week, which reached 36,000 tons, against 33,000 the week before and 28,000 two weeks previously. STATES CAST IRON | ~Large tonnages are fi}.fi Tor cast iron pipe. . United | States Cast Iron Pipe & Foundry | has taken 1,900 tons for the Beaver Dam project in North Carolina, and ‘American Cast Iron Pipe Co. took 4,500 gons for the Swannanoa water and sewer district of Asheville, N. C. GEORGE A. FULLER CO.—H. S. Black was_ elected president of George A. Fuller Co.., subsidiary of United States Realty & Tmprovement, to sucteed Hugh White, who was made chairman of the board. FIRESTONE _ TIRE. — Firestone mire & Rubber Co. had net profit of $13,780,965 for the year ended October 31, against $7.622.339 the year be-| fore. JEW YORK, December 16 (§ _?{Ed‘fnn & Manhattan Raiir ports November gross of $1.0 Pompared with $1.053521 in the same month of 1926, with after taxes, T1°3628,553, against $550.539, and sur- lus, after charges, of $192,564, con- Pligted with §215,363. : For the 11 months ended November was $11,435,504, compared 969 in the same period of after taxes, $5,090,653, ,274, and surplus, after char! 95,351, contrasted with $1,847.474- esident _of Standard mfl’&lc"'.mu that Mountain Tocer has sold the properties, eff Dogember 31, of the Tacoma ¥nel Co. Olyhpia Gas Co and Sound Gas_Co. to interests identif Sound pited States Electric Power Co. of New York. ue of $20,000,000 Du- The newW, 18RS oF cent cumulative ;;:-mg'm ferred stock, offered today by o e Thalmann & Co: H. M. Seine 7s 43 Utd Kingm 5%s 37 being | g d | Sin Crude Q1 6; Utd Steam Copen 6 4 wi.. 23 Ajax Rubber 8s.... 4 Y Am Agr: Chem 735 Am Repub deb s, Am Smit & R'1st Am Writing Papés 4 Anaconda ist8s.. 40 Armour&Co 4%8 39 14 Armour Del 6%s. 9 Assoclated O1l 61 3 Barnsdall Bell Pa Bell Tel Pa 58 Beth Steel rf 58 Beth Steel 5%4s 63. 23 Beth Steel 6s...... 12 Brier H St 1st h%s Bkiyn Ed gen 5: Bklyn Union 5%s. Chile Copper & Con Coal Md 1st ConGas N Y 6%s.. Consumers Pow 6s. Cuba Cane ov 7s. Cuban Am Sug 88.. o East Cuba SBug 7%= Goodrich 6% . Goodyear Gs rets. .. Flershey 5% Co 6% Humble Oil Humble O & R 11linots Bell 1st 11linois Steel 4% Indiana Steel 5s int Mer Marine 6 int Paper 68 47.... Int Tel&Teleg 4%8 J Kayser & Co 6%s Kan CP&L 68 A 52. Kan G & K1 65 52 Kelly-Sprin Lackawa S 68 50. Laclede G 6%s 562. Liggett & Myers 58 Lorillard (P) 7s. LoulsvG & B 6s 62 N ¥ Edison 65 44. N Y Idison 6ls. NYG L H&P4 VY Tel 4l Y Tel 65 41 North Am £dis 6 Nor Onio T & L 6 or States Pow 6 Nor States Pow 6 Pac Gas & Bl 6s... Pac T & T 1st b1 Pan-Amer Pete 8 Phila Co6%s 38, PhilaCo rf & Ra 11 Por Rie Am Tob Public Service 6% ; | Remington Arms 6 97% 95% 991y 100% 931y 94% 105 Sinclatr O11 68 Sinclair O11 6 % Sinclair Otl 7. Sin Pipe Line 58. Skelly Ofl 5% Standard Oil N J 6» Sug East Orlent 7s |1 esby ., Inc.; Chase Securities Byllesby & Cop (N ceinson & Co. heust Co. of Pittsburgh and Stone & Co., at 97%, 1o yield cent, has been sold. U S Steel sf 6., 158 Sales. High Low. Close 3 92 92 92 4 104'% 8. 101 28 103 8 100 21 108 29 102 24 1078 Ho8 11510 10014 100% 1001 100% 100% 101 100 100 103% 1035 106t 10614 104% 104% 4% 1144 109 109 10315 103% 99 9% 9% 96% 107 101% 9614 964 1024 10734 102 100% 1024% 1077% 100% 101% 1004 101% 10514 108'% 1034 110% 105% 1047 4 1084 (v o BONDS s o] Received by Private Wire Direct to The Star Sates Hieh Utah Pow & Lt 5s. Vertientes Sug 7 Warner Sug s West Klec b Westn Union 8% Winchester A T%s. Youngstn S&T Atchison gen ¢ Atlantie C L 18t Atl & Dan st 48 ¢ B&OGod4s..... B&OcCYaYys. 3 & O ref 6s. Orf tmo B & O SW 55 50. Buff R & Pitt 4148, Can Nat 4%s 54 Can Nat 438 67 Can Nor 4%s 1935, Canad North 6348 Canad North T Cent of Ga 6s..... Central Pacifi¢ 4s Cent Pao 1st 6= Chi & Alt 3%sctfs Chi B & Q zen 4s 63 CB&Qi%s 11 B. ChiB&Q 1strtbs Chi & E 111 gn 68 51 Chi Gt West 48 69. C M&StP 48 25 ofs, CM&StPen8y. CM&StP deb 4s of: CM&StPov 4k CM&SPov4 1 8320fe 4 CM&StPrf4ys, CM&StPovés, CM&StP6s..... Chi NW 41452037 Chi & NW 63 Chi & NW 78 ChiR1&F ChiR1&Prf4s.. CRIPacakhswi. 1 Chi Un Sta 4% 1 Chi Unfon Sta 65 44 Chi & W [nd en CCC & St L 5s CCC&StLrfosA. 106% 1% 105% 105% 105% 106% 1% 105'% 105% 106 20% 106% 107 99% 1031 98 96% 104 108% 112% ST% 8T 117% 106% 94% 109% 94% MISCELLANEOUS. 107% 104% 102 101% 109 105% 99 105% 105% 108% 100% 944 107% 104% 102 101% 109 1057% 99% 105% 105% 109% 100% 94% 1027% ) 105% | 100 105 105% 101% 101% 102% 104% 102 i Northern Pac r 1 63 Clev Term 5: Cuba RR 6s. Cuba RR7%S..000 Cuba Nor 5% sets. . Del & Hud 1strf 48 Erie 1st cons Erfegen4s..... Erleconv és A Erie conv 48 B. 2". evt 6s F Gr Trunk stdb Hav E] Ry 5%s 51, Hocking Val 4% Hud & Mab ref 6s. Hud & Manaj bs T Cent 48 52..0000 L1 Cent 48 53...4.0 111 Cenr 4% 8 86.... 111 Central rf 55 55. 111 Cent Chi 4%s. . [11-C-C StL&NO bs nt Rapid Tran 6s. Int Rap ''r s stpd Int Rep C Am Int Ry C A 6%s ret Lehigh Val 6s 2008 Louts & Nash 5s B, Louls & Nash 5%s. Man Ry 18t90. ... Man Ry 2d 4s 2013. Market St s ¢ MIEIRy&L Mil El Ry & L 6s 61 M St P & S8M cn 48 M St P&SSM cn 6s. MStP&SSMbs3setd © solpBuana Mob & Ohio 4%s 77 Nassau El 43 6! % NY NH&H ab 48 57 NY NH&H cv db 6s NY N Hav&H cit 62 4 9 FPoumi® unlealenrzomnaSEmonmie N Y State Ry 4%s. NYStateRy 6%s 62 N Y W & Bos 4% Nor & S gen 68 b Norfolk & W en Nor Pac 3s 204’ Northern Pac 4s Northern Pac 5s Ore Short L rfs 4s Ore Short L cn & Ore Wash 1st 4s. Pennsyl con 4% Pennsyl gen ¢ % Pennsyl gen b Pennsyl 6s 84. Pere Marg 1st PCC&StL 6s B 75. . Port RL & P 5s42. Port RL&P 7%s 46 Reading gen 41 Rio G W 1st 4s. Rio G West cl 4s.. RIArk & L 4%s.. St L AM&S 4s 2y St L IM&S R&G 48 StL&SFopl4sA. St I.Aanrmlb). E O ) Sou Ry gen 4 Sou Ry Co Sou Ry 68 668 . 64 Southern Ry 6%8. TexArk F'S 6148 60 Tex & Pae 1rts 105 106% 106% 103% 103% 100 100% 107 1074 108% 1084 107% 107% 96 96 105 105% 108% 108% Third Ave ad) Union Pag 18t # Union Pao 1st £f 48 21 7 wi.. 112 1 RPN A~ Be W PEAKSSCORED N EURB EALINES Trade Broad—Firestone Tire One Feature—Sheaffer Pen Another. Close 101% 100 89% 103% 112% 104 101% 106 105 Low 1 101% 101% 1100 100 494 103% 1124 9% 98 8214 974 100% | 104% 105 109% 102% 1% 983 8214 07l 100% 104% 106 109% BY WILLIAM F. HEFFER | Dispatch to The Star. W YORK, December 16.—Opera- tions for the rise were carried forward on the Curb Exchange today and amid gains of able fractions to several points a number of securities touched new peaks for the movement and year, Trading embraced a broad number of issues and the ticker maintained a rapid pace. Conspicuous strength was exhibited by Firestone Tire stock, which sold above 200 for a net gain of more than 10 points following the declaration of an extra dividend of $2 and the action of the company placing the issue on an $8 annual basis next year against a Tegular $6 basis this year. Northern States Power carried off major honors in the public utility grofip, scoring a net advance of near. ly 5 points. It is understood that this company, which pays $8 annually, is earning at the rate of $12 a share. Brooklyn Union Gas, on the big board, Wso pays $8 vearly, and it is under: stood is earning $11 per share. Elec- tric Bond & Share and American Gas & Electric were other public utilities | to show strength, Another sensational advance was scored by Sheaffer Pen Co. stock. which made its debut to the trating list yesterday. On Thursday the issue opened at 665 and jumped to 725. To- day the stock han up to 830, for a gain of 112 points, Demand for the company*s products with the approach of the Christmas holidays was said to be a principal reason for the strength of the stock. Coal stocks were led by United Elec- tric Coal which gained about 3 points | to aroWhd 36 on the announcement that the issue had been placed on a $3 dividend basis. Bahia Corporation oved with the strong stocks, and Ford Motor of Canada cqntinued to sell well above 600. Bancitaly contin- wed its activity and showed price strength above 136. Johns-Manville and Industrial Rayon also moved higher. There were other bullish demonstrations in copper and some of the moderate low-priced olls. New- mont Mining continued the feature in its section, selling up briskly to about 130. Mavis Bottling scored a new high for the year above 16. |CORN AND WHEAT TOP IN CHICAGO TRADING Early Decline Followed by Rallies of Both Grains—Oats Also R By the Associated Press. CHICAGO, December 16.—Corn &cored a substantial advance today after an early decline, wheat rally- ing with corn. Commission house buying absorbed the surplus offer- ings of corn future deliveriese and there was increased talk of export demand, bids of Chicago May price being made for corn at the Gulf of Mexico free on board of ships. Feed- ers in Illinois and eastern lowa were active buyers of Iowa and Nebraska corn, paying fancy prices in many instances. Corn closed strong, 7%al to 1% net higher; wheat, % to 3% up; oats showing %a% to % advance and provisions varying from 2 decline to a rise of 25. An old-fashioned cold wave was hailed by many traders in the corn market today as just the thing to put corn in good condition and to bring about an increased movement to pri- mary centers. Notice was also taken of liberal arrivals of corn today 100% 100% 100% 121% 1 Omaha and Kansas City, the receipts at these points being, respectively, 205 and 251 cars against 58 and 13 cars a year ago, On the other hand, stubborn resist- ance to selling pressure in the corn market showed itself at times. In this connection it was pointed out that the group of hogs this year can be roughly estimated at 10 per cent more than was the case a year ago, that the feed- ing area this season is without ade- quate supplies of corn, and that many points have started shipping corn in. According to a statement by one trade authority, the only way to prevent a corn famine next Summer is to keep the price high and avert waste. WY 1.38 130 By B 581% 10 09% FOREIGN EXCHANGE. (Quotations furnished by W. B.Hibbs & Co.) Nominal gold Seliiag chosks h " vale 91 RA0s 4.8 - erowi . Stockholm. crown 3 NEW YORK, December 16 (A).— Foreign exchanges easy. Quotations (in _cents)—Great Britain, demand, 487%; cables, 488 5-32; 60-day bills on banks, 4837%. _France, demand, 3,93 7-16; cables, 3.93 11-16. Italy, de- mand, 5.42%; cables, 5.42%. Demand—Belgium, 13.98%; Germany, 23.88; Holland, 40.38%; Norway, 26.6012; &weden, * 26.98%5: Denmark, 26.8115: Switzerland, 19.30%; Spain, 16.68; Greece, 1.33; Poland, 11.25; Czechoslovakia, ~2.96%; Jugoslavia, 1.76; Austria, 14.10; Rumania, .62%; Argentine, 42.85: Brazil, 12.00; Japan, 6.05; Shanghai, 64.18%; Montreal, MERGER RUMOR DENIED. NEW YORK, December 16 (#).— “There is nothing of the kind in pros pect” was the comment of C. E. Adams, president of Air Reduction Co. and chairman of United States Indus. trial Alcohol Corporation, on rumors that the two = corporations would consolidate. LEE TIRE SALES UP. NEW YORK, December 16 (#).— John P. Watson, president of Lee Tire & Rubber Co., says its sale8 are run- ning ahead of $1,000,000 monthly, with business better than ever before. Net income for 10 mionths this year ex- ceeded $700,000. Cash on hand Novem- ber 30 was $934,000. “Our crude rubber was bought very near bottom prices and our cotton inventory is far under the market.” SILVEE QUOTATIONS, NEW YORK, December 16 (). —Bar silver, 68%: Mexican dollars, 45. Maryland ds. 14 86% 86% 864 i o 23 83 103 2 fm 96% 964 18 88 8 106u | West 101% '\:utlu % 104% | wfi fllul:ln rtdds 106 WisCengn s 4d..: ' THE EVENING STAR, WASHINGTON, D. O, FRIDAY, DECEMBER 16, NEW.YORK CURB MARKET . Received by Private Wire Direct to The Star Office Following is the list of bonds and stocks traded in on the New Curb Market today: Sales INDUSTRIALS. in’ hundreds. High, 20 Acetal 1AIb Picl Prod..... 31 Kk Bar vie Bar A pfd BHEH 383338388 it 4% L, & Trac. Mix. Mete Pow & ub Ut 1, vtd ot Prod M 9 S 25239533 wi flll, 11 Sl i &0 £ Fhek 1?3 Corom.. 210 Corpn’ § 3 = E2-L R PR PR PSRN BERSSE WS o 22 2 2 o i e B 2 3 3 [P oonismits ® B Gl E S o SEE == 2355 s ) S8 Py kiyn City R R.. ucvrus Erie wi. 3 ucy Er C otd wi o cop 7 ;T T 1Buf Ni & E B s 3t S 4 B G o sen 2o 3 e i = ate Blow . A "JI(PI‘D“‘_ T'r A n. elan Cor S celan CA 1 0td* 8 Celluloid Co n. .. FL U = Do =Daen nee 2 S Sa RN EARS3E R, B8 EREEL U5 B Consol Coal Consol Dairy Consol G Balt iin - wi s o € v it o R C e & Dominion St. 1.4 10, 23 Dinilier € & R 10 Durant._ Mot & East " Dairies A Eact &1 Pow 3 ,l Bond & Sh B & S n C o B. 12 oid l’l"l;‘.f 3 o Bl Jnvest Tncr> 447% FIE &L oo 13 EID& L2 ot A104 n.. 32 E A 10% f. oo m Pow Cor BR 587 - o o s 35E = a3 SR 552 - 5 SRS SRR e bikambR R R £ 32! = ‘] e T, 3o RREZ R R LR ! b2 @ 25 ram Bord® 32353 .a;g 22 30T ELEN 28 - - 900 i g o N B R T i a0t S © a: 20 5100t g S0 e SE3w = = 5523 BRERR RS » rem oo B o 130 s =s25552%! SROER IR PR OaS B oD B 207 29 Svie G0y GO 1 Wosson 0 & § pfd mxr; it b Wheatsworth Inc #31; "3 1Whi S M deb rts 10 1 Worth “A “wi. 4 % Zellerbach Cor. Sales in hundreds. York Low. 1:30 31 23 oo S0 PSS T 135 e B omi: ACRIERS33T 285550 o oo, =SB BEEHER: BN 5SS SRR E 2SR 238 Y gniss 2SO 1t It S satazss e s - R B BN S Sk Rk D DT Do CREEERR PR RERRR B FR AR F FEE FRAAPRE =3 ‘| ela).—Crude rubber, ® 8 Am Maracaivo © 1 Ark Nat Gas. 10 Cardinal Pete 2 Carib _Synd Su,22 2358, 3 2T e x3e- 2Rt e S SRR e x2s~ R0 LA 2 3 M Mex 3 Mount Pi Nat_Fuel Gas'n. ) Pandent O Pante; Foster 18 Salt Ck Prod. . 1 Tidal Osage 1Tid Osage ON 2 Venezuelan Pet! 3 Wilcox O&G n. . 1 Woodley Pet n. STANDARD OIL 188U les .SUBSIDIARI unite. 100 Ang A O non vic il_n 6l S_AND_FORMER TOCKS. sa%a 2Z0emn AT X ot Qhio Oil. enn Mex Fuel rairie O & G n airie P L 1 0 Tny 800 LR W 100 8 1008 0 Ohio n’ 1100 Vacuum Oil’ . Salesin | BONDS. thousande. 5 Abbott Dairies 6s 1011 3 Ala Pow Ba..... 1023 ow 43n Wi 0At 5% s AL 1013 El Pow 53 _00% Gas Elec.. . 102 Bis 0770 . 994 55 Lar s Cons G Balt fis A 108 Cons Bub 83e”. 08 & nt G&E 6 5 Cudahy By 2 Cudany 53 e Det Ciy G 08 sona Db Sosahod [y B DB D195 D DB Bk 2o 33523333 2383833893338338 3: 23 w2 005253, £ - £ S 233D mn SR o 5" 99000 32353 (o SNt u~.~ Ay wr3Ritageg 99U i : Sz A 7 AT 22T 2R " T U0 @ 2 ) oo {444 4 $5353 S LEFEFER NS S D B 20 2 B 8 20 T L DI e y55E3ose g 2 =8 2] 7 2 £=o t oo nider Pack fs. . olvay Am bs A Cal Ed 5s 51 100 o Cal Gy 7 100 $ an theast B & T, 0s. 10+ B e o 250 S - he: S LNRDLDARB! pEaE s B et 33323 E % 678 A. 9 8 Mor Bk Chile 6e. !}‘2 3 Mor Bk Dnmk 6s 1007, 1 Muni Medellin 78 921 1 NorwegHyEl 5% 5 Nuremberg 6s .. 0 2 Rio Grand 7s '86 ¢ 1 Riv Grand 7s '67 us G ofs 5“!1] Rus Gov GH‘,QI cfs .l‘ COTTON GOODS ACTIVE. NEW YORK, December 16 (Spe- cial).—Cotton goods' markets were moderately, active today, as print cloth prices rebounded the .14 that they lost Thursday. The 64x60 print clot| were quoted at 77 and 68x72s at 87, Raw silks were firm in a quiet market. RUBBER DECLINES, NEW YORK, December 16 (Spe- smoked ribbe Sheets, declined % at today’s noon qug- tation of 40, This compares with 37% & month ago and 38 a year ago. CAPITAL BOOST 0. X'D. NEW YORK, December 16 (#).— Stockholders of Zonite Products rat. fied an increase in authorized capita] stock to 200,000 shares, and issue of four shares for each of the 35,000 shares now outstanding. Uty BUTTER IS LOWER. CHICAGO, December 16 (#).—But. ter lower; receipts, 4,259 tubs. Cream. ery extras, 50%; standards, 47%; ex. tra firsts, 474%a49; firsts, “413%a44; sec- onds, 37a39%. Eggs unchanged; re- celpts, 2,250 cases. L . ORDER FOR 10 BARGES, NEW YORK, December 16 (#).— American Co. has from Carnegis Esvel 80 bulta 10 staad: ard steel barges, which will re. quire 2,250 tons of plates and shapes. FINANCIAL. The New York Life Insurance Company Offers to Make First Mortgage Loans‘ Oo Improved Real Bstate in the District of Colun.bis end Nearby Suburbs in Montgomery County, Md, for 3, S or 10 year terms oo your sptli 514%% B RANDALL H. HAGNER & CoOMPANY Incovporated. MORTGAGE LOAN CORRESPONDENT 1321 Connecticut Ave. Telephone Main 9700 An Open Invitation We invite mortgage loan applications covering all classes of Washington realty, both finished and in prospect. No amounts are barred. No red tape will defer immediate consideration and answer. Low Interest Rates and Commission Immediate Answers on Applications B. F. SAUL CO. Main 2100 925 15th St. N.W. Harriman & Company TRINITY BUILDING, 111 Broadway, NEW YORK MEMBERS NEW YORK STOCK EXCHANG= TRANSACT A GENERAL BROKERAGE AND STOCK EXCHANGE BUSINESS WASHINGTON OFFICE 729 15th Street N.W. Telephone: Main 1603 Over a Third a Century's ¢ Cent Income From xperience Apartments —is sometimes sapped by inattention to small details of management that only long and proved experience can be depended on profit- ably to oversee. If you want waste cut out, you will have much to gain by miaking use of us. B. F. SAUL CO. Main 2100 .. 925 15th St. N.W. Equitable Coh«_%rafive Building ’n JOHN JOY EDSO? WALTER 8. PRATT, Jr., Secrefary 48t PLETED Asnse;s eee...$5,202,042.70 Surph - co-‘fll.lll.ll&.l‘l bscriptions for the 94th Issue of Stock Being Received Your Christmas Money Don’t spend all your Christmas money—start a systematic Savings Ac- count with the Equitable! No matter what you are saving for—a home, your children’s education— you’ll find the Equitable’s plan a helping hand to ac- cumulate money. Start now. - A SPECIMEN COPY of eur Preferred Whole Life Policy Will be sent to anyone requesting it This policy, which has met with such instant success since its introduction on November 1st, is issued in amounts of notdess than $5,000 to risks distinctly above the average of those entitled to standard insurance. This . super-standard or preferred group is given through a. re- + duced cost for their insurance the besefit of the fact that they are better risks than the average, NET COST END OF FIRST YEAR FOR $10,000 : Age 25, $141.30 ' Age 35, $195.10 Age 45, $289.30 ! APPLY TO Home Life Insurance Company H. R. BRYARLY & BRO., Managers : 1001 15¢h St. N.W. (Rust Bldg.) ‘Washington, D. C. Phone Main 5391