Evening Star Newspaper, December 17, 1927, Page 14

W FINANCIALS THE EVENING STAR, WASHINGTON, D. C., SATURDAY, DECEMBER 1 1927. FINANCI AL. FAVORITES LEAD * STOCK LISTS RSE {Large Outside Following At- tracted—Coppers in Van Most of Time. BY GEORGE T. HUGHE 18pecial Dispatch to Th NEW YORK 17.—With enother large turnover selected stocks were again bid up in today’s market The spectacle of had follow r. December racted for A few many quotations evidently at Jarge the most which h: Is participated outside g. Interest confined ve long been favorites. but not appeared to be that had not demonstrated their to absorb offerings in the way the industrials have done Copper shares were the leaders most of the time. Cgpene Cananea nother sensationas upturn, ga some seven points just below 134 ar at the highest for which this st has ever sold on the e: nge. Chile Copper at Peak. Copper crossed 40, where it ablist high record in part was of nd they ability the reason Chile has est its ry. 1 Digh of new Chile sold at within a nelud & ilumet rnational N Juded: € ani o ada orro d wit Cons went a The mail ;v'a]r‘ 'lzul‘:m K high marks | ot only for t for the Ipresent form of capitalization. Ameri- | con Can did the same. There must have heen a good deal | of short covering and the technical position _was probably m: terially | Weakened. It was noticeable that | industrial speciaities which had been wwidely advertised as entitled to reac- | 2ion because of the extent of the rise | avere among the strongest the list. This is not to say that the market was uniformly strong today fThere were recessions, but they gen- lerally escaped notice. L oY Motors ranged higher, while | \Sicel was down about as much. Thes two leaders were evidently resting Motor stocks in general were quieter, although Hudson ran up over a point and there was unusual activity in the Jow-priced Gardner Motors. 0il Stocks Are Firm. Oil stocks were firm. Simms Petro. Jeum, which had never been affected "y the depression in the trade a: Tave the others, made a new high for the vear at 25. Marland had a rw ks were active Ward and order st new this vear t set < stocks on iup, £o did Pure Oil, while the buying 4n Sinclair which puzzled the Street ithe day before continued. The only NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. Abitibl Pow (5). Abr&Stras 7%pf Adams Ex (6). Adv Rumley . Ahum Air Reductn(17) Afax Rubber... Albany Papr(2). Atbny Pap pf (1) Alaska Juneau. . Allled Chem (6) Allled Cm pt (7) Allts Chalm (8) Amal Leather pf Amerada (2).... Am Agricul Chm Am Agrt Ch pf.. Am Bank N(13). Am Boseh...... Am Br Sh (11.60) Am Brown Bov. | Am Brown Bo pt | Am Can (2)..... Am Car&Fdy (6 1034 Am Chicle (3).. Am Drug (80c). Am Express (). 167 Am & For Pow. . Am&Fo Po pf (7 1074y Am Hide & Lea. Am Hide & L pf. Am Ho P (240). American Ice(2) Am Ice pf (6)... Am Internati(2) Am LaFr&Foam Am La Fr&Fo pt Am Linseed. .. Am Locomot (8) AmMch&Fy (13) AmMa&Fy pt(7) 246 Am Metals (3).. Am Pia Am Piano pf (1) Am Po & Lt (§1) Am Radiator (5) Am Republic. Am Saf Raz 141 Am Seaung (14) Am Shipbldg (8) | Am Ship & Com. Am Smelting (8) Am Stl Fdys (3) Am Sugar (6)... Am Sumatra.... Am Tel & Tel (9 AmTobaccoB(8) Am W W (m8oc) Am Woolen..... Am Woolen pf.. Am Writ Pactfs Am Wr Pa pfefs Am Zine pf . Anaconda (3)... Archer-Dan (3). ArmourDel pf(7) Armouroflll(A) Armourof111(B) Armour 111 pf(7) Arnold Con&Co. . Artloom (3). Asso Dry G (2% Asso Ol (33.20) . Atchison (110).. 1947% 195% 194% | Atchison pf (5). AtlCoast L(t10) Atl Refining (4). 109 Auto Sales...... Autostrap A (3) Balto & O (6). Balto & Oh pf (4; Barnet Leather. Barnsdl A(b23%) Bayuk Cigars Beechnut(13.60) news was an advance of 5 cents in | Belding Bros () Pennsylvania Crude. " There was a slight reaction toward ithe close, but it did not go far. The Tails were heavy and the airplanc etocks lower. Greene Cananea lost : ipart _of its early gain. On the other hand, Sinclair Oil, most of the coppers | and the industrial specialties left off well up to their best of the day. | Wall Street Features NEW YORK, December 17 (Special). «~—The estimated earnings of the Sea- board Air Line in 1927 are at the rate of about $2.50 a share on the preferred stock, or less than half as much as in 1926 The coman the regular semi-annual interest pay- ment on the adjustment bond Best & Co (3)... Bethlehem Steel Bon AmiCl A (4) Booth Fisheries. Briggs Mg Co. . Bkin-Edison (8) Bkiyn-Man (4). Bklyn Un Gas(6) i474 1474 14 Buft R&P pt (6). Brunswick B (3) Brunswick Ter. . Burns Bros (B). Bush Term (g2). Bush Term rts. . Busb Ter de (7). 110 | Butte Cop (5uc). Butte&Super (2) Butterick Co.... Byer & Co. | By-Products (2) ¢ this week declared | Callf Packg (4). lif Petm (1).. They | Callahan Zinc. .. failed to respond to this action and | Calumet& Ar (6. 109% 110% 109 subsequently sold at the lowest of the | Calu & Hecla (2) year. : to Florida this Winter is satisfactory, The outlook for tourist traffic | Can Dry (t3%). Can Pacific (10). 217 but it will be late in the Winter or (CaseThreshg(s) early Spring before the earnings of | CentAlloy (2).. the road will reflect this business and | Cero de Pasco(4) the expected freight. New York Central. There are many stocks that had sharp advances this week on less basis than New York Central, who: response to the 50 per cent cash divi- dend by the Michigan Central has| heen comparatively small. This ¢ dend equals about $2 a share on New York Central capital stock. Consolidated Gas Common. At its present price Gas common stock vields 4% per cent. Holders of this stock, | C the price has advanced 25 points since the new shares were issued early in | the year. larger movement of | Certain-Teed (4) | Chandler Mot pt. | Chase Nat B113) 348 | Chase Nat Bk rts have | Chat-Ph BKk(16). 573 Ches & Ohio (10) 207 C & O Corpn (3). Chi & Alton pt Chi & East LIl i- | Chi Gt West pf.. Chi Mil & StP.. | Chi M1l & StP of CM&StPets c Consolidated | Chi & Nwn (4).. less than | Chi & Nwn pf(7) “h1 Rock 1s (5) however, refuse to sell, even though | CR1& Ppf (6). 1024 CRI&P pf (7). 108 108% 105, Childs (32 There is always the hope | Chile Co (2%) M&SLP pf cfs 40) that the dividend will be increased to | Chrysler Cor (3) 6 or 7 per cent after the company has | City Stores (B).. completed its expansion program and | Cluett Peab (5). possibly brought about a merger with | Coca-Cola (5)... other light and pewer corporations. Col Fuel & iron.. | Col Gas & E1 (5) Baltimore Markets | Col G&E pf A (6) 1074 107 107! | Col Carbon (4).. Com Cred ¢1)... | Com Cred pt 6% BALTIMORE, December cial.—White potatoes, 100 pounds. 1.50a1.90; barrel, 1.25a3.00; sweet po- tatoes, barrel, 1 vams, barrel 1.75a2.00: beans, bushel. 1.5023.00 beets, 100, 3.00a4.00; Brussels sprouts quart, $a18; cabbage, 100, 2.00a4.00 caulifiower, crate, carrots, 100 2.00a3.00: celery, crate, 1.0022.00; k bushel, 20a30; lettuce, hampe 2.50; onions, 100 pounds, 1 peppers, crate 522.00 baske! 20a25; spinach, bushel toes, crate, 3.5026.00 20a30. Apples 17 (Spe- 1 turnips bushel, 1.00a2.50; barrel 2.50a7.00: cranberries, box, 4.2a5.75 grapefruit, box, 3.50a4.30; oranges box, 4.50a5.75. Dairy Farm Products, Live poultry—Turkey 43; old, breasts Leghorns, 21a old hens, 20a roosters, 14al thin, 18a20 each, 40asi Dressed 40a45; old breasts, 25 voung cf 20a25; roosters a16 geese, 22a30, Egge— Receips and native cur cases, dozen, 35 dozen, 41, Bufter—Good pound, 48a54: prir a55; ladles, 37a packed 2a33; dair ess, 41ad pound pour and 1 horns, 1 3a26 guinea fowls Turkeys poor and ducks pizeons poultry pound 1217 cases; ne; in free| nt receipts to creamery 136; store v prints, 34a3 6 proc Prices. Hay and Gr: Wheat—No, 1.363; No. 3 re quotation; No. 2 domestic, 1.36 garlicky, domestic Corn—No. cob corn, Oats—No. 2 63; No. 3 white Rye—Nearby. Hay—Receipts, arriving in only therefore. not 1 .ed and sells within range timothy and cl grades Straw—No. 1 wheat, 11 ton; No. 2 oat, 13.00a14.00, W Winter export, no red Winter, garlicky No. red Winter, no quotation llow. domestic, 1.05 70a3.75 per harrel ite, domestic 613 wi domestic, 90a1.00. 10 tons. mited qua ing 14.00217.00 New hay is tity. It ficially grad te merits a ton er )0a11.50 per g e i | SILVER QUOTATIONS. | EW YORK. Dec 7@ silver, dollars mber 17 5814, Mexican =A% Som Cr pf B (2). Com Cr pt (1%) Com In Tr pf(7) Com Soivents(8) 1 Com Powr (21%). Conde Nast(2).. Congoleum-Nair Cong Cgrs(t4lz) Con Cigars (1).. Consol Gas (5).. ConRRCuba pf 6 PArsnips, | Consol Textile. . , '40a50; Savoy cabbage, bushel, | Cone Bakg A (4) 40a80; toma- | Cont Baking B. . basket, | Cont Bak pf (8). Cont Can (5). Cont Insur (6).. | Contl Insur (n) | Cont Mont (suc) Corn Prod (13). Coty Inc (16)... CrownWP1stpf7 CrucibleSteel (6) Cuba Cane Sugar Cuba Cane Su pr Cuba Company .. Cuban Am 8 (1). Cudany Pkz (4) Curtiss Aero. ... Curtis A pf (7).. Davison Chem Deere&Co pf (1) Del & Hud (9).. DRG Wstpf... Detroit Ed (8). . Devoe & R(2.40) Diamd Mtch(8) Dodge Bros Cl A Dodge pf (7).... Dome Mines (1). Dunhill Int (4).. Du Pont (114%) Duquesne pf (7) Eastman (18)... Eaton Axle (2) Eisenlohr & Bro. Bl AutoLt (16% ) Electric Boat. . . Elec Power & Lt Elec Refrigeratn £ Stge Bat (16) Em-Brantgm(A) tnd Jonn (6).. . Engineers Pub 8 quitableTr(12) Brie R R....... Erte 1stpf..... Erfe Stm S (23%) ErteStmS cfs 2% Bureka (f14%) Exchange (1%). Fairbanks C Fairbanks ( Fed Ligt(hl 40) Fed L&T pf (6) Fid Phoenix(4) First Nat8(1%) sk Rubher Fleischmn(13%) 108% 187 114 1765 181% 1064 106% 189 118% 106 701y 198 5T% 1435 149 107 129 Collins & Atk(4) 100% 101 10 300 178 11T 116 Open. High Low Close | 140 140 139w 139% ! Foundation Co.. 11215 1121 1121 11215 | Fox Film A (4) 192 192 192 |FreeptTex(73%) 134 13% | Gabriel Sn (3%) il Gardner Motor. . i | Gen Am Tnk(4). 10% | en Asphalt.. .. 24 | Gen Asph pf (5). 100 | Gen Cable A (4) 1% H 154% 1210 114% 7 1545 21 114% Gen Elec (15).. 1140 | GenElec sp(6ue) 142 Gen GasA(o1%4) o it | n Gas B(el13) ot (t714) n Mot pt (7). . 824 | Gen Outdr Ad(2) )% | Gen Ry Sig (5). 21% | GGen Refrac (3). {asl Guiete SaR(15) 17% 6 4 16% ! 62 | (iiiaden Co..... 31 % T4% | Glidden pr pf(7) 10 Giold Dust (3)... podrich Ru (4) rodyear Tire ioodyear 1st pt thm S H (2%) jotham new 214 11% | Gotham H pf () 59 | Granby Con Min 6% | Gre North pf (6) 31% | Gt Nor pf efs(5) Grt Nor O (1% ) Grt Wes S(2.80) Gt West S pt (7) ireen Canan Guantanamo St Gulf Mo & Nor. Gulf States Steel ;1 Hacknsk W (1) Hartman A (2). Hrtn B bl0 % stk Hershey Corp... Hershey pf Hoo & CoA... Houston Oil.... Howe Sound (4). Hud Man (2%). Hudson Mot (5) Hupp Mot(1.40). Indep Of1 (1)... - Indtan Mot (1%) 65% Ingersoll R (14). | Inland St (2%). 5% , Inspiration Copr 60 94! [nterboroRapTr 21% “1% | Intcont] Rub(1). 433 49% | Internat Agri 19 19 | Int Bus Ma (5) 44 44 | int Cement (4) 4:‘ | Int Com Eng (2) 57 | Int Harv (6) 61 | IntMteh pf(3 20) 5% | Int Mer Marine. 1L | Int Mer Mar pf. 6% | int Nickel (2)... 63 | intl Paper (2.40) 54% | Int Paper of (7) 44 | Int Tel & Tel (8) £0% | [sland Creek (4) 42 195 |JewelTea...... 1063, | Jones Bros Tea. 189 109 9 14 301, 1075 113 59 67 317 a0te 107t 11% 664 1 [ ¢ 11% 59 0/ 313 651 108% 614 1085 187 246 475 221y 65% 30% 44 ?ff 2 61 Bils 118 i 65 H4% m 0% 42 1064 189 189 109% 1087 M 9 4 45 | Jordan Motor.. KCP & L 1st () 45 | Kan City South. 118% 118 118y | KayserJ (4).. 8113 8li 511y | Kelly-Spring.. 51 5L 51 |Kelly Tire8% pf 5 5y | Kels-Hayes (2). 1054 Kennecott C (5). 70 | KraftCh (113%) 20 Kresge (1.20)... 3 Kresze SS pf(8) Kress S H(h1) Lago Ot (76c) .. Lambert Co (16) Lee Tire & Rub. | Lentzghvai(33). Lehn & Fink (3) Life Sav (1.60).. Lig & Myrs(ft4) LIg&MyrsB (f4) Lima Loco (4).. Lia Carb (3.60) . Loew's Inc (13). Long-Bell (A).. Lioose-W11(1.60) Lorillard Co . 9~ -10 | Loulstana Ofl. 454 La Ofl pf (6%). 5% LouisGasA (1.¢5) i Ludlum Steel(2) 73 McAndrws(73%) McCrory (1.80). McCrory B (1.60) Mack Truck (6) Mad Sp Gar (1). Magma Cop (3). Mallison & Co. Mallison pf (7). Manati Sugar pf Man Elev gtd(7) Man El m g (d5) Maracaibo Oil. .. Marland Ofl.... Marlin Rock (14) Martin-Pary (2) Mathieson (4)... May Dept S (4). Maytag (13).... Mex Pete (12)... Mexican Seab. .. ! Miami Cop «1).. 31k Mid-Continent. . 175 Middle Sta n 3 3 “| Miller Rub (2), 871 M St P&SSM pf. Mo Kan & Tex Missouri Pacific. Missourt Pac pf. st 45 81k 51 5% 2 106 70 20 591y 65 66 5 5 2344 A 23% 19845 1974 58 57 59 98 98 347 187% 98 bdly 18 % 62% 62 4 dh 4% 1104 110 4l 4% 10 o 45l o 838 3% w4 i 1% o4l 23 2150 2. 728 2 28% 28% 678 674 54 ba% bdb 16 15 15 54913 548 45 44 573 207 4% B2y 1% 424 290 17% 53 40% 40% 40% 61 6l 60% 68 59 58 T 4 1T% 129 1284 1004 824 91ty Montgmry W (4). Moon Motor. ... Mors&Esk(3%). Mother L (50c). Motion Pic Corp. | Motor Met (3.60) | Motor Whi (2) Mullins Body Munsingwr (3). Murray Corpn. . Nash Motor(76). Nat Acme (sta). Nat Biscult(17). Nat Cash R (A)3 Nat City Bk (20) | Natl Dairy (3) .. Nat Dept Stores. Nat Distillers. .. Nat Distillers of Nat Enam pf (1) Nat Lead (5). .. Nat Park Bk(24) Nat Pw&Lt (80c; Nat Radfator(3) Nat Rad pf (7).. ., | Nat Ry Mex 2d. “ | Nat Supply (16). 4| Nat Surety (10). | Nevada C(13%) INY AIrBr (3 N Y Cent (8). 11| NY C&StL (6). 64% | NY Dock.... 117% | NY NH & Hart.. 93% | NY NH&H pf(7) 34 NY Ont& W (1), NY Steam pf (6) NY Stm pf A (7) Norf & Wn(110) NorAm b10%stk North Pae (5)... Nor Pac cts(5).. | Norwalk Tire. .. | 011 Well Sup.... Omnibus........ Omnibus pf (8). Opnhm Col (4).. Orpheum Cir (2) Ous Elevator (§) Otis Elev pt (6). Otis Steel....... Owens Bot (ct4) Pacific Coast . | Pacitic Gas « Pac 01l Stubs. .. | Pac Tel & Tel (1) Packard (3). Paige Motor. Pan-Am Pet (4). | Pan-AmPetB(4) | PPan-Am West B. | Panhandle...... | Parmt-Fam (§8) 5v¢| Parame-F pf (8) 70u | Paramount rts. . ‘l,“' | ark & Thitora. . $'% | Park Utah (80¢) 411 | Pathe Bx A (4). 61 | Patino (az.10).. 83, | Peerless Motor.. $1% | Penick & Fora. . 34% | Penick&F pf (1) O™ | PennDix Cmt(2) | Penna R R (3%) Pere Marqg (18) 'h11aCof % pf (3) Phila&RCl... Phillp Morris. .. Phillips Pet (3). 28 28% Plerce-Arrow. .. 15 i6 Plerce Arrow of. 06 Guxs Pulebury (1.60). 524 91% 8315 917 94 23 Ss% 94 E5l nsla 53 50 8l 8519 82 119% 83 118% 73 3 51% 96% 84 96% B4t 965 841y 300 26 Bl 80 1% 11 65 6a% 117% 934 28% 81% 11% 654 93% 8819 6% 0% 116 1 116 187% 1874 53's 53y « 165'5 16, 3 0% 41% 40'z 4l 138% 138% 138 138 19% 19% 19% w1 T4 ity 13% 13% 319 169% 163 107 10 100 100 16% 16 31 41 116 110 164 100 49 16 300 169 107 99% 31 764 354 411 [ 62 241 EYEN 76 19% 11 a1 4l 3% 34 195 2 35 vy 4% 1941, 16 0Tk 11 3374 43% 4 9815 Y814 1941 1841 144 1941, 285 6 07l | Jones & Lau (7). 1 Montana Pow (5° i Open 4219 =0 1037 274 High 421y K0 104 Low 414 80 16313 125 604 59 1131y 33 100 : 110% 193 59 Close. 42 80 103% 13 6019 20 3474 14 0% 1057 9% 21 T4 943 59 951 84k Bly 119% 421 291y 159 44 24% B3y 115 96 348 833 165 96 38% 30% 12200 .« BR 58% 50% 87l | Open Pitts &W Va(6) PorRicoTobA (7) { Porto Rico To B. | Postum (5)...... | PrstiCar pf (7) Prod & Refiners Pub Serv NJ (2) | Pub SE&G ot (6) | Pullmn Corpc4). | Punta Aleg Sug. | Pure Oil (11%) . | Purity BakA(3). Purity Bak B (2) Radlo Corp of A. | Rand M (a3,04). ieading (15). . | Real Silk pf (7). | iReld 1ce Crm(3) Kemingtn-Rand | Rem-Rd1st (1), | Rem-Rd 2d (8).. Reo Motor ( Kep Ir & SU (4. Rep 1 & S pf (7) ! leynolds Spngs | Rey Tob B(1614) RichfieldO(i1.15) Itossla Ins (6).. Royal Da3.13% . | St Jos Lead (13) St L& SanFr(8). Savage Arms. .. Schulte (3%)... Scnulte pf (8) Seabd Air Line. Seab Air L pf... Seagrave (el.20) Sears-R (n23). Seneca Coper-.. . Shattuck F G (2) Shell Un (1.40).. Shuber The (5). | Simmons (2).. | Simms Pete. sinclair Oil. ... | Sinclair pt (8)., Skelly il (2). .. Sloss-Shet ()., South Calif Ed.. outh Dairies A. Sou Dairles B... South Pac (6)... South Por pf(8) . Southern Ry (8). | South Ry vf So Rwy M&O(4) SUGEK(3%). Std G & E pf (4). Stand G&Elec rts Std Ml (5).... Std Millg pf (6). Std0iiCal (128 ) StdOILNJ(1134) Std OHINY (1.61 erlg Prod(17) ewart-War (6) Studebaker (5).. Submarine Boat Sun Ol (1 1).... Superlor Oil. ... . Sweets of Amer. Symington..... Telautogra (60c) Tenn Copper (1) Lex PC&O(60c). l'exas Corpn (3) Tex Gulf Sul (4) Tex Land Trst n | Thatchrp?(3.60) The Fair (2.40). Tidewatr As Ofl. | TidWAsOtlpf (6) Tidewatr Oll 80¢ Timken (15).... Tobae Prod (7). Tobac Prod A (7) Transcont OMl. .. Transue & W(1) Twin City R (4). Underwood (4). Union Carb (6). . | Unlon Ol (123%) Union Pao (10). | Un Pactfic pf(4). | Union Tank (5). UtdCgrSt(C80c) Utd Cgr St pf(6) | United Drug (9) Utd Frult(16%). U 8 Distributing U S Hoffman (4) S Alcohol (5). Leather w 1. Leather A.. Realty (4).. Rubber..... Rub 18t (8). Smelt (3%). Sm pt (3%). Steel (7)... S Steel of (7). Un Leaf Tob (3) Unt Pic 1st pf(8) Univ Pipe(t2% ) Unt Pipe pf (7).. Utl P&Lt A (e2) | Vanadtum (t4). Van Raalte pf.. | Vick Chem (4).. | Victor Tlk Mch. | Victor cv pt (). | Vietor pr pt (7). Va-Caro Chem. . | va-Car Ch 6% ot | Vivadou (b10)... | Vulean Detin... Vulcan Detin(A) Wabash. .. Wabash pf A (5) Waldorf (1%).. | Wara Cl A (8) Ward Baking B. Warner Plc A. .. Warner-Quin(2) WarF&Pipe Cor. Warrenlst pf(3) Western Dairy B W Penn Kl A (1) 2 3% 120 AT 20ty 43 110 ¥l S S S S s s Bl S U u u u U u U u U u 2| W Penn Ei pt (1) 6l 161, 291 62 3 627 91 130 643 384 97% 93 342 20% 43 164% 125 60% 60 1185 33 100% 1107 West P Po (8)... | West P Po pt(7). West Maryland. | West Pacific. . i Westn Pacific pf 1091 116 5l 36l 61% 170% 4 | Westinghse (4). White Kagle (2) | White Mot (2).. | White Sew Mach ! Willys-Overland | Wilson & Co.... i Wilson Co pf A.. | Woolworth (6).. \Worthn Pump. . | Worth Pump (B) | Wright Aero (1) | Wrigley (13%). | Yellow Truek... | Yel Tr&Co pt (7) | Youngstn Sh(s). | Dividena catee 821y 70 354 59 9474 High 144'y 1444 82 T 121 7% 25% a3 110 X1 30 Low Lials 3% 201 N 6% 90 5% 59 89 29 94 Close 144'% | 52 120% 124 110 Bite 109% 011 14 467 s1ven In the abuve table are he annual cash payments based on the Late, s are not included Un:t of tradiog 7 partly extra. avle (0 common stocs. a Paid this pur eat b common quarterly carned, "lus 107, sTock, e stuck S avle " wo, stock. snare’ in -t L Plas % - stock flock K Payaple 1/40 of i Class A stock.' @ Plus 0 Partly stock. o Plus $.3 1 1 Plus uneshalt Rate—Maturity Bid |#s Mar. 15 Blys Mar 3138 Sept §i55 Mar 1998 192% 1 100 15. 100 (Reported by J. & W. Selix Allis Chalmers 5s 1937 lum, Co. ol Am. 0% m. Tel. & Tel. Co. 4s American Thread Co. L a Copper 4 Ol & Ohio Per Cor Corp, 5% Ry, 458 10530 Ry. 4355 1035 Co. 415% 1930, 1. Mit Paul s 1934 Dela & Hud Rwy. 7 0. Duguesne Light 434s Erie Rwy. Co. 7s 103 Gen. Mot Accep General Pet. Corp |B. F ich Co. C. 10 s 10 Line 45 Mass. Gas Co New York Tel Oregon ' Short Sinclawr €. Ol _P. C. s Sou. Pac. R_R.Co. 4s Std Ol of NUY. Bigs St 01 ot N Jersey StLodr Mt Ry Swift & Co 5s 1032 < Union Oil ‘ot Cahf 5¢ 1935 Tuion Pac R R " Ribher 7155 TS Smelts Wheeling less than I Plus 4% 10 stock 3 Plus vear—no _rexular rate , vayable c Elus 5% 10 sluck. d Fuy e Payavle stock. n stock b'Plus 31 a share 1 A <hare preferred of common stock n 2/50 Quarieriy Or Dalf yearly declarations. Unless clberwise noted, extra of special civi 100 ehare § Pay- in Cash r | % Plus 1/0 1 Plus n p & Co 01 28.32 oy 30-32 n & Co % auarteriy tock tock TREASURY CERTIFICATES. (Reported by J. & W Seligm SHORT-TERM SECURITIES. ——Close.- Bid 101 % 101 o 99 % 1015 1013 103 1001 a4 1001 ot 102 SAVINGS CLUBS UP 2070 80 PER CENT New Members Flocking Into | Local Banks—More Bonuses and Dividends Voted. STONE. in BY EDWARD (. Information gleaned local hanks shows that the number of mem the 19 going So f Christmas vd savings and hers in Clubs is hounds, by leap from per cent to as high as 80 per cent has bheen noted. In the closing the number of members in Joea clubs reached 78,000 According to th present rate of increase the clubs dur ing the coming vear will have at leas 90,000 members, and possibly many more. The District ankers' Association | has just startedga series of advertis ments picturing the benefits to the | community and the individual deposit ors derived from this method of sav- |ing. These advertisements are so con vincing that they are no doubt playing an important part in starting many new members toward the bank win dow: Bank Elects Lee Vice President. P. Blair Lee of Silver Spring, Md., has been elected a vice president of the First National nk of Philadelph and ill assume h new duties January 1, it 18 announceq yester day by Livingston E. Jones, president of the bank Mr. L son of States Senator Blair Lee of He has had extensive banking experi ence and at present is a director of the Silver Spring ational Bank, Silver Spring, Md., and of the Takoma Park Bank, Takoma Park, Md. Heis alsoa | director of the Birdsboro Steel, Foun- | iry & Machinery Co., Birdshoro, Pa.:| treasurer and manager of the Silver| Spring Building Supply Co.: vice presi ient of the North Washington Realty | and a member of the Maryland- | National Capital Park and Planning | “ommisison He w make s future home 1 Philadelphia and resign from the Parks and Planning Cox Three assistant vice presidents were elected by the directors at the same | (i time, all of whom have been connected with the bank for more th 25 years. | Liberty National Votes Di The hoard of directors of the Liberty National Bank at a meeting yesterday \fternoon declared the regular semi annual dividend of $3.50 a share. Tt is payable on December 31 to stockhold- | ers of record at the close of business | December 23. The books will not be clos 10 Per Cent Bonus Distributed. Vice President John D. Leonard an nounces that the hoard of directors of the Washington Savings Bank at a recent meeting declared the regular | semi-annual dividend of 3 per cent, payable January 1, and at the time voted a Christmas bonus per cent of the salaries of all ployes. New Assistant Cashier Elected. John M. De Marco was elected assist- | int cashier of t seventh Street Sav ings Bank by the hoard of directors |at its meeting December 15, to Al | the vacancy in that position. Mr. De Marco has been an emplove of the hank tor a number of years and | is well qualified for his new dutie It was in appreciation of his qualifica tions and meritorious service that the appointment was made, according to | John D. Howard, vice president and cashier. ‘. Represents Local Clearing House. President Robert V. Fleming of the [ cmaller spaces, preven Riges National Bank has been ap-|er display to attrac pointed District representative of the |} clearing house section of the Ameri- | can Bankers' Association, by Thomas R. Preston of Chattancoga, A. B. A president. Mount Vernon Adds Yule! The Mount Vernon Savings made its annual distribution of Yule- tide joy vesterday when a 5 per cent salary Christmas bonus was given to all employes of the bank. President William Muehleisen, in presenting the | gift, expressed the hope that business growth during the coming vear would warrant the distribution of an even Jarger amount next Christma Local Firms in Bond Award. Parris & Co. of Washington White, Weld & Co. and the Fletcher Savings & Trust Co. of | Indianapolis, were the successful bid ders vesterday for $1,405,000 of the 415 per cent bonds of the Philippine Is-| dhinned stock lands, dated July 1, 1927, and due July | ¢ 1,50 a hushel 1, 1957, with a bid of 107.81. The pro- [ gy o5 ceeds from the sale of these honds | will be used for improvements in_the | various States designated as a loan r use rovinces for use in the provin | it Initial Dividend Is Declared. I ‘Zaia Bankstocks Corporation of Mary land has declared an initial dividend | eap of 15 cents on the common stock, Pay- | zpeen c able January 1 to stockholders of rec- | ' hychel. | ord December 17. H. George Thyson | thiy rising is the local manager of the Harris Mooney & Co., which company han- dles the securities of the Bankstocks | Corporation of Maryland. | year now the P BLAIR Of Silver Spring. Md president of the First of Philadelphia. He wil as a member of the Ma Capital Park and Pl sion. on former > is a Weather tables Are P mission to s turk mas 1Zgest a o for th holiday A c lutting of ard mirke fowls n s practically for suppl distant prices end. | the | Whe busine from week termined Monday xpress Just w ng factors A local wholesale de: zested the possibility Christmas market on nd 48-50 wholes: suggested a ents for live turkeys 15-48 ¢ whole Plenti and fowls have hi Iocal market eving prices, and t The bu an reported. same R h its em e ping. er ma tirm, heing Meat prices have little changes. | meats continue fairly exception of pork smoked pork product much more reasonable his season of the ve: Thousands of CF hanked on all sides of | ket the past few vegetables and other ers this mitted that nothing li being received will b stated, Some shipp tities of ha trees, pruce pine and tr today, wreaths of hemlock selling dozen run dition of suggesting off for the { tables ¢ rccordin lout m tha Winter due, ontinued warm weatk Bette by Maryland and said to he in the market that buyer holiday to dealers ch season longer Crane. bidding with anc; $1.50 a bushel. in Good rices prevail scarcely it is eno Radishes. quoted at grown from 83 to Local Bank Clearings Reported. Bank clearings in Washir the week ending December $28,364,000 compared with §30,018.000 | during the previous week, according to Bradstreet, and algo lower than last vear for the same week. The country 1s a whole also reported the same | small declines. A. 1. B. Banquet Date Selected. | also reported light re The hoard of governors of Washing. | fvets and eeplante ton Chapter, American ]ns'_lm(e of Banking, last night selected February 18 as the date for the annual banquet, the big event of the year among junic bankers. T. Hunton Leith is chair- man of the committee. el iw 'nts and $1 a bushe on Jfor | white turnips sold as 1 $1. Flori the local market, been anything but ple: the past few days holiday giving kins, the what | son sending pr INTERNATIONAL PAPER. YORK, December 17 ().— | Internatio Paper Co, is expected to offer common stockholders the right | to subscribe to additional 7 per cent preferred stock on the basis of one hare of preferred for each 10 shares lof common held. This will amount to an offering of ahout $10,000.000 of additional 7 per cent preferred. NOT SEEKING SUPPLY FIRM. NEW YORK, December 17 (®) Denial is made by Youngstown Sheet & Tube Co. that it is seeking acquisi tion of Associated Supply Co. at this time. a harrel. Apples Not So Country apples plentiful ‘as last vear were almost willing away, sold at from {a barrel. Most of t been converted into | erage selling at 50 « plus a charge for con: Dealers reported me of oranges, grapefru grapes and pear: NEW ample to supply the d Dealers at have had supplie: of all kinds and s week, the smalles | Maine at 30 cents a | largest, sturgeon, fi aters, at 43 cents, | week's receipts, { been no sturgeon MAY SHOW PROFIT. NEW YORK. December 17 (#).— Officials of American Rayon Products Corporation report current operations are running at a favorable rate, and that the annual report may show a! small profit, as against a deficit of $837,328 last year. Recént improve- ment in the company’s business is said to be due to the readjustments and economies effected by the new man- agement and the generally healthier conditions in the rayon industry the last six months. COPPER OUTPUT DOWN. NEW YORK, December 17 (f).— The world's output of copper in No- vember is estimated at 144,975 tons| by the American Bureau of Metal | Statistics, against 148,278 tons in Oc tober and 136,291 tons in September Production for 11 months this year 1s put at 1,542,385 tons. he Oysters from the demand. d receip improv in_fairly ge With ina has come quality of crease in price. £2.50 and standards at out the week. Shell lower river sold at $2 Lobster Receipt in interesting feature market plies and met a good cent; he probably receipts and weath- er conditions being larg advance of 1 undergone days have commodities prop. ntinue plentiful greater the bhest of them selling was quoted at $1 and $1 unde they were earlier The old-fashioned pumpkins tk morning were quoted at $2 and $2 nothing Municipal of marine products zes throughout the bivalves, Selects have sold at $2.25 through- stock Goes to Philadelphia EE, S Nati I resig ryland- at o OO0 MARKET “ FORTURKEYS SEEN - Biggest Factor in King Bird Sales—Vege- lentiful. sh ack Nei to suggest probable L ppr asor ot PYaR! a1l day ies b il Pl prevail will be detern aler t of a 55 dressed ale price, P of and a probs st il supplies of Spring chi inz the he egzx 1 th prices dr rket contin cent a p: Meats Change Little. high, 30th s are than & hristmas t Farmers’ choi with fresh epol usus ting their t attention morning frankly ke all e sold the and zretted that the forests are being dev ers sent q rees from nning pine at $1.25 and $1.50 Market dealers reported a dull con- the past s are season and w hold usual stated n her 1des of potatoes from near Virginiz farms demand stock se Red potatoes were quoted at £1 Hall and Jersey sweet potatoes this morning were quoted at $1.25 and Supply. cabbage and spinach continue to be received in plentiful supplies and Both white bbage and kale sold at 50 cents ugh to pay tated, while spinach a bushel. glass, w a hun 1 basket, oy w 1s Florida peppers and cucumbers have ntiful. Dea ceipts of plies of cel | lettuce and string beans were reported Buvers during and since the Thanks- season well cleaned up the supply of pump- above have pre ices far in the Plentiful. like when to give t $1.25 to he culls cider, the cents tainers. wlerate it h recel emand. Fish Ma smelts pound, and rom Prior to it is stated, there had re for sevi 'y lower Potomac and Chesapeake Bay points continue to come in plentiful supplies and are pts, it is sta rement in but no from a hushel | blue points at £1.25 per 100. Heav, Receipt of lobsters from Maine w3 week's They came in plentiful sup of the demand at Eoth gregn and cooked shrimp director two local banks, has been elected v onal Bank tional anning Commis- king of sug- 4243 very New England were quoted at various prices “heap. supplies holding cauli farmers a gallon cranberries, Rectipts the com ing week probably will be more than Southern | ARGENTINE REPORT SENDS WHEATDOWN ‘Larger Crop Estimate Has Bearish Effect—Corn Prices Have Ascent. CHICAGO by vt ntine cr marke general Corn devel fracti later 1 ngth were Provisions arain houses here | ct at times today | Argentine gover 1id much to counter e bearish effect of nent figures which suggeste A gentina would have an export it surplus of as much as 16 | bushels. Unoffic information vas to the effect that the governm figures were too tic and t of available for other countries would be below estimate government forecast to the Argentine official unfavorable conditions his season's wnd id deci pon th in 000 onee optim <hipment substantially based on the amount wheat the ording yort luring t uetific oot Or vheat growth tion did not have the On the et today 1 utfered, hand th ed stead Argentine offi dispatches phers were other 1 mar the face of ‘tement and verpool said g an erpe ss in 1 st ome n h decline in wheat values Have You Been Stung Yet? Some men have to stung good an hard before they in making investment vest—investi 1 i OUTLOOK IS GOOD. NEW YORK. Decembe 17 H. E. Byram, r piver for the Chicago. iHwaukee Paul. expects venues and net operat about the same as 15 December loadings were running lower than a year “The outlook for earnings in the first few months of 19 is good While we have not made up any capital ex- penditure budget for next vear, vet I cxpect our rail program to be about the same as this year.” iin the ng income to he ror- 20, the de- hin- GERMAN BONDS AND STOCKS. v Special NEW He Leased Wire to The Star. 17.— Bid. YORK, December Asked. | 1 with draw 100 R M 55.00 66.00 Loan without | 1000 R M. 2000 31.00 dollars per milli 1919 B dollars per " thov 4158 pre-war 1158 1016 4s pre-war 25 famb 3e 1,5 & de precw Hambure Amer Line 415 North German Lioyd 4%s Kropp 5s 1921.. . Dus f 45 pre-war Frankfort a-M 4s pre-war Munich 48 pre-w (Quoted 1 doilars A E G (Ger Ge Elec) A E G tGer Ge Elec) pfd Commerz and Privat Bank . I G Farben............ Disconto Gelischaft . Rorliner Handels esdner Bank Ahl Gt Red . Gt R k- W ctis per i i Guot Lo 00 marks. ) 27.00 | op ued nd the and rted 1 at rees Mar crowded to i FOREIGN EXCHANGE. Quotations furnished by W.B. Hibbs & Co.) 1 gold Selling cheeks ad re pound al. dollar franc belg ‘mark lira ira i drachma pesata schilling. . pengo erown oty erown uan- | font: Brissels. Iin, Rome. Zurich Athens Madrid and a eek, ling ege- crown YORK exchanges Grea 188 3 4837, NEW Voreign cents) »ecember easy; quotations Britain—demand 16; G0day hills France—demand. Italy—demand I»r\k\.k 3 7-16; cables, 3.935¢ oo | 5.4214: cables, 5.42 than ' ™ 5. mand: Belgium 3.8815; are 3 13.95: Germany, g at 25,6015 26.81 16.6712; Greece Denmark , 19301 Spair 1.33; Poland, 11.2 schoslovakia, 2.9614; Jugoslavia, Austria, 14.10; Rumania, .62 Argentina, 42.81%: Brazil, 11.98; To-| kio, 46.03; Shanghai, Montreal, 99,907 FEDERAL LAND BANK BONDS. Closing.) Approx vield and for (Quoted by Alex. Brown & Sons. wvere Home-grown lettuce is off the mar Parsnips and earrots ave selling at 7 hile cents | the vellow vegetable bringing 75 cents ymatoes from the Bahama Tslands and California are to be had in have been plentiful this week, the former selling at 20 and the latter at 30 cents a_pound. Clams today were quoted at $2 per 100, scallops were $4 a gallon and there was plenty crab- meat at 50 cents a pound. Fresh - caught Spanish mackerel from Florida found ready sale at 23 cents. The same price was quoted flll“ red snappers from these waters, while Boston mackerel, frozen, sold at 20 cents. Fairly large quantities of ling were received from the Jersey Coast. A price of 20 cents was quoted ior them. Tilefish, product of New York waters, were in demand this week at 1S cents, while fresh-caught cod from the Jersey Coast also were in demand 1t a similar price. Halibut and sal- mon were quoted at 25 cents. Had- dock were in demand at 10 cents, the filet of haddock, always a good seller, finding ready sale at 22 cents, Small perch, hoth white and yel. low. from the creeks along the lower Potomac, were fairly plentiful this week, selling at 15 cents a pound, while rockfish were quoted at 35 cents. The t varieties of trout sold at from 15 to 28 cents a pound, kingfish from North Carolina bringing 15 cents. Carp and catfish, products of the Potomac, have been’ plentiful the past few days, the former quoted at 18 and the latter at 20 cents a pound There has been a particularly active demand for the catfish. Croakers sold as low as 15 cents a pound. Wholesale Prices Today. Meats, fresh killed—Beef, veal 24a%6; lamb, 13al9; loins, 21a22; fresh shoulders, 16al7; smoked hams, 20a22; smoked shoulders, 14a16; strip bacon, 22a24; | lard, 13a131; calves, alive, 14al5; lambs, alive, 13. | Eggs—Fresh selected, 44a45; hen nery, 48; current receipts, 42, Foultry, — alive — Tureys, 40a42; | fowls, small and medium, 20a21; large, | 22a23; Spring chickens, 24a25; roosters, | 13; ducks, 18a20; keats. young, 70a75; | ld, 35, Dressed—Turkeys, 43a46; | Spring chickens, 27a28; roosters, 18; capons, fancy, heavy, 45a4s: small, | 33a40; ducks, 23a30; Keats, $0a90. lers lery etty sea as hem 2.50 ave bev ipts rket rom the this eral > 20a25; 27; fresh ha tex hams, the in- the and Mortgage Money Loaned at Low Interest Rates Economie Conditions Tyler & Rutherford Loan Correspondent Mutual Benen ife ins. ¢ 1520 K Street Main 475 Money to Loan Secured by fiat deed of trust Joseph I Weller # s WE FINANCE —all classes of tncome.prod e Large Loans a Specialty Current Intarest rate and com. Higbie & Richardson, Inc, 816 15th St. N.W. In Nearby Virginia Prudential 5 l/ ‘70 Insurance Co, 2 Loans Commonwealth Investment C D17 15th St NW. Phone Main 252 CHURCH LOANS We are i a_position to handle con struction loans for Churches and Instity. REAL ESTATE LOANS 5% FRED T. NESBIT 1010 Vermont Ave. Main 9392 mas be brouzh be held at tay. Jannary ween the hours of 12 H ©. s M oney Available for FIRST DEED OF TRUST LOANS 6% Reasonable Commission Prompt Replies to Applications JAMES F. SHEA 643 Louisiana Ave. N.W. | | First Mortgage and ConstructionLoan Applications Invited at 545 % Glover & Flather 1508 H St. N.W. Main 1753 Safe—Conservative Make your savings and surplus funds work for you at the high- est interest rate consistent with absolute safety. 40 Years’ Experience In financing homes and in the sale of these securities Wm H Saunders Co , Inc REALTORS 1433 K Main 1016 ' Is That Mortgagu; | Due Soon? We're ready to attend to any refinancing yon many find necessary. fLoans made on Real Estate in District of Co- lumbia and vicinity. Ample funds available Lowest Interest and Com- mission. Prompt Service THE COMMERCIAL l NATlONAk\CCOMPANY | Paid-Up Cash Capital, $700,000.00 Commercial National Bank Bldg. 14th and G Sts. Second Trust Money If you want a second trust loan to refinance vour property see us. Loans on D. C. real estate made at low rates and on convenient terms, W. H. WEST COMPANY 916 15th St. Main 9900 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