Evening Star Newspaper, December 21, 1927, Page 15

st YW BOND SIS HOLD ATTENTION General Market Easier—Size and Importance of Of- ferings Is Feature. BY CHARLES F. SPEARE. Special ‘Dispatch 10 The Star, NEW YORK, December 21.—The mize and importance of the new issues of b that came into the market today were the subject of more com- ment An investment circles than the fluctuations taking place in old issuc The market generally was easic Not ofily were there evidences of profit taking in the convertible indus- trials, but also in the second-grade rails and public utilities and in some quarters of the foreign list. Andes Copper 7s reacted at one time 2% pointe, with the Street ncw looking - more closely into the possi- bilities of the stock into wheh the bonds are convertible. Anaconda Ts | were steady. The rubber and tire i sues were a trifle soft, as were pack- ing house, oil and coal company is- sues. Sinclair consolidated and Pan- American issues sold lower, There has_been a small amount of liquid: tion_recently in Consolidation Coal 5 Government Bonds Rise. United States Government long ma- turities advanced moderately, but the movement stopped when the 3%s touched 103. Italian goverament sold well above 98, although it denied that there were to be furth loans In this country. The new Pol- ish 88 were again under pressure, and with the terms of Peru's loan an notinced the 7% and 7 per cent bonds declined. Not for some time has there been an amount or a diversity equal to| that in today’s new issues. In nearly ev case the offering represented some significant development in the affairs of the borrower. sold $50,000,000 of the 6 per cent bonds on a 6.80 hasis. They went off quickly. Previously the country had been financing with 8s, 7%s and s and will call some of theke from the proceeds of the new loah The coupon rate on these honds i8 now the same as those of Argen- -tina, Chile and Uruguay. though the price fixed is. of course. well below that of the other.countries. The next largest loan of the day [ was $42,000,000 Sinclair Crude Oil Purchasing Co. B%s, which are to run for 10 vears. This is in the nature of & refunding loan as it takes up the outstanding 6 per cent notes due Feb- rvary 1 in the amount of about $40.- 000,000 The obligation is jointly made by the Sinclair Consolidated Oil Corporation and the Standard Oil Co. of Indiana, who agree to purchase the entire amount of crude oil and tankage on demand at not less than 105 per cent of the amount of the bonds outstanding under the present agreement. Florida Power Issue. The third issue in point of size was the 5 per cent first mortgage of the Florida Power & Light at 9715, or exactly on the market for the out- standing bonds. There are few first | mortgage public utility bonds under ltn;l;z management available today Y. -n.- Central Railroad of New Jer- | y sold a 4 per cent legal bond at| iR nrs: public_offering of the vhl fations of this road in many years. ‘The 68 of the same mortgage were quoted today at 118%. This also was a fefunding operation. An interesting issue was that of the Philippine governments, whose r cent bonds were brought out | . an unusually high premium at wuqh to start an issue. Washirigton Stock Exchange S Lfl 4P Tract. 508300 as 104%. 81 500 at g 000 at 1037 ll!,ta‘izm By—812. a 6. Gus- SC107. o at LB 00 w84 002, :‘ - o; ll'-influlzr Lin—15 at 104%. 10 at n\ )re nv. pfd.—10 at B%. 50 at| Df. 6 at| 108° Store pld.—4 at 122 AFTER CALL. atl, k ]ll\' vld —50 l.‘l 5% a0 at 105%. | BT 168w %‘fm L Money—Call loans. 5 and 6 per cent. Bid and Asked Prices. | Bast Cuba Sus 7%¢ 6 103% 103% 103Y% as 4 gu s weries A as Gx neries B & Flec. 4x @514 PUBLIC UTILITY. el & Telsa . SITRY G Wash, " Sicambodt Ry 300 L nfd. 6 1114 i & "Elec.”com.. & Eec. a0 100% NATIONAL BANKS y Capital i Bank of Wash TRUST COMPANIES 13 o 1 ha ank tosal savines & i v Trust Whili Loan & Trust SAVINGS Bank of Beth wda. BANKS ,A Com Bank . 336 § St-tes it Ston Mecha FIRE INSURANCE 0 {oreoran men 8 . National Unior TITLE apia, Title av"Co ‘ot M4 com MISCELLANEOUS Darber & Ross. Inc.. com "Dty bid Shevie CARE® Nat'] co o <ol sl B Title natar & Stor Stor. nid id 7 1 1% extra. “Ex-dividend, 11% % extra | Tokio 53 19 | Am Writing r-.u t 8 3 | Liggett & Mye * | Lortllara (P) bs... FINANCIALS UNITED STATES. (8l aes &1 000 ) Sales Hich Low. LIb3Ke.... B4 L0130 10126 Lib 1st ¢ 2101 14 Libistebes 13 10812 Lib3da 4%e 137 100 23 Libath 4%e 57 1041 US3%43-47 29 1031 US3%s... 548 10729 US4s 1944, 201 110 25 US4Yssz. 142 115.6 FOREIGN Salos. High. Low | Argentine 8s Ju by 15 uys 99l Y% Argentine 63 Octs9 13 99% 9y% 99% Argentine 83 A.... 24 100% 100% 1004 Argentine fs B.... 14 100 99% 100 19 sk 9N 8% /5 9Tn 123 1044 10 Bnnkof mulu. 6 05% ! Belgtum 68 . A2 | Belglum 6%, 2 103% 103% 103% | Belgium 78 1985... 18 106'% 106' 1061 Belglum 78 1956...122 104% 104 104 18 1l4s 114% 1144 8 109 108% 108% 5 103% 1031 103% < 98% 981 9% 4 95% 96% 96K 6 107% 107 107 20 101% 101% 101% | B Ires 1857 11 96% 96l 964 | | Buenos Atres 7858 2 u6% 96 6% cama- s ln 17 102% 1024 102% | 9 101% 101% 101% 8 100% 1005 100% 2100 10b 109 3109 109 109 21 26 25u 20 2 9% 9% 974 20 95% 95% 9A% 5101 100% 100% | 6 10214 101% 102% | 6 105% 106% 1054 | 31109 108% 109 1 110% 110% 110% 19 110% 110 110% 11524 11526 Close. | Con Pow Japan 7s. | Copennagen s ct. Copenhagen 5% | Cuba 6%s.... | Czeono 7% rets. Czecho 88 1961... | Danish Munic 8s A | Danish Munic s B Denmark 6s. 0 Duteh Kast | 88 47. Dutch East | 63 62, Finland s € 63 45 Finland 7s.. Framerican 7%s.. French 1s. | French 7% 7 w95 95% 1100 100 100 15 105% 1 4 10 I8 106% 105% 10: 15 114% 114% 114% | French 16 110% 110's 110% | German 31 106% 106% 1063 | | Ger Am B 5 99% 99% 99% | | Ger Gen Elec 7: 5 103% 103% 103% Haitl 6s... 13 100% 100% 100% Hungary 7% 102% 10:% Italy 7s. 9TH OBl | | traly Pub 7 94% sm[ | Japanese 4 2 92 92 } | 24 101% 101% 101% | Lyon 6s. 2 98% 9B 9NTA 2 98 98W U8k 25 2% 27% 27w | 10 39% 89' 39% 8L 914 90% 9l% 7103 102% 103 2 102% 1024 102% 13 99 98w 8w 9 101% 101 101% 1102 102 102 29 102% 102w 102% 9 1024 102% 1021 19 95k 05 95% 22 94% 94% 94% 1 100t 100% 100% L189 104 103% 104 1115 107% 106% 107% 71 10/ 106% 107 . 66 109% 109% 109% 10 £0's 80 80% 103 88K 88 88l 4 99 98% 99 1108 108 3 1054 106% 105% 2 1054 105% 106% 1 106% 105% 106% J188 914 904 9lu 1 106% 106% 106% 6 100% 100 100 6 103% 108% 103% | 13 97 9T% 97w 5 964 96% 96k 5 104% 104% 104% 27 104 103% 103% 5 112% 112% 112% 3 9Th YT% 9T 27 8Th BT% 8TY Utd Kingm 6%s37 3 106 106 Utd Steam Copen 6: 12 95 95 95 . 10 109 109 109 wi. 37 94% 94% 4% MISCELLANEOUS. Am AgriChem 1%: 16 106 104% 105 Aw Smit & R 1888 13 101% 101% 101% AmSmlt & R 11 10%) 108% 108% Am Sugar ref & 20 108 105% 106 AmT& Teoltr 32 99% 99N 99% A T& Tcltrbs,. 16 1054 105 105 48 105% 105% 105% 25 100% 108% 109% 4 1005 100% 100% | 39 94 92 92 Anaconca 43 105% 105% 105% Anaconda ev db 78 161 115 114w 1143 | Andes Cop 7s rots. 368 126% 1234 124% Armour&Co 4%8 88 17 91% 91% 91% Armour Del 6%s.. 20 S8% 834 88% Barnsdall 65 1940.. 3 100% 100% 100% [2 Paris-Ly-Med Paris Orleans 7s Peru 7s Peru T4s. Peru 1 3% s 1956 Peru Pm-nn [} Poland 78 (rots) Polana Queensian R10 de Jan 8s 1946, Ri0 de Jan 85 47..4 Slo 8s.. Swiss Confed 8s... L'oho Klec Pow 78, 106 5 110% 110 5 101% 1013 101% 20 102% 102% 102% 23 102 101% 101% 6 104% 104% 104% 5 105 104% 105 3 106% 105% 105% 243 243 2 82 6 106% 106% 106% 1 104% 104% 1044 o 24 93% 93 93 39 96l 96U 96K 1 1073 107% 107T% 5 50 49% 49% 6 104% 104% 1044, 7 108% 108 108% 102 59 ¥9% 89% | Dodge 68 5 118 118% 118% 2 108 107% L0T% T 94N Y4l 94k 13 103 102% 103 3 9714 96% 96% 4100% 100 100% | Humble Ol 8 2 10 1024 1024 Humble O & R 6%s | Ulinots Bell 1st bs. 15 1054 1 105% | | int Mér Marine 6s. 10 105 105 105 | tnt Paper bs 47. ... 13 101% 101% 101% | inter Paper (d 6 104% 104' 1044 | | int Tel&Teles 63 96% 96 964 J Kayser & Co5%a 13 1064 106 105 | Kan CP&L 58 A 52. 4 105% 104% 104% | Kan G & K1 68562.. 8 106% 106 106% Lacl G ref 34.. 10 101% 101% 101% Laclede G b%s b 8 105% 105% 105% 5 1224 12 122% 5 Y8l 98 98K 10 116% 116% 116% 2 104% 108% 1044 5106 106 106 101% 101 101% ! 3 104% 104 104% 7 107% 107 1074 3 1064 105 100% 2 116% L16% L16% 5 10 1015 101% & 108% 108% 108% 1010t 110 1L 21 1017 101% 1017 Lortliard (P) 78,44 | Loulsy G & 1 68 62 | Manati Sug st %8 | N Y lidison 58 44.. !N Y Kdison 68, IN Y Tel s 41, N Y Tel #s 49 | North Am Nor Unio I'& L Nor States Pow bs Nor States Pow 68 Pac Uas & K o a 1 105% 105w 1033 | 9 103% 103 103 5 106% 106% 106% | 6 102% 1025 102% | s 103% | 10 104 104 104 45 104% 104% 10 Phila Co rf o8 A Por Ric Am Tob 6s PPublic Service b%s Public Service s PServiGas dtgs b9 1 105! P ServGass%ass 5 105 o 20 9T4 9T% 974 | S105 97 9% 97 | 100% 100% 100% | 100 100 [ Y3n 2% 92 3 95 45 95 1 104% 104% 104% 1 109% 109% 109% 4105 106 106 31 103% 103w 1084 2 107% 107 lotedo kdn Ist 18 7 108% 108W 1084 U S Rub ist rf bs. 95T 5% USM 106% 105% 106% 19 103% 108's 108% 15102 101% 101% vartientes Sug s 4 100% 99% 99 Warner Sug /s 39, 5 B8 »8 K8 e 1054 105% | 105 105 Skelly Ol 5% Sou Bell Tel § 30 Por Rico Sug s | Southwest iell bs. OILN J B2 Utah Pow & |cB& i Nor 1074 W THE EVENING STAR, WASHINGTON, D. €., WEDNESDAY, DECEMBER 21, Atlantic C L 18l Atl & Dan 3d 48 48, B &0 SW 5350 Bang & Aroos 45 51 Brdwy & Ith Av o BKIvn Manhat fs Buff R & Pitr 448, Can Nat 41gs54... um Nat 414357, orth 614s. Ganad North 7 Chesa Corp §s wi., Ches& Ocv 4448 Ches & O gn 4 14s.. Chi B & Q zen 45 63 CB&Qi%s778B. Chi B&Q Ist rf 53 Q-1113%s. .. C B & Q-11l div 4s. Cht & 1 111 &n 63 61 Chi Gt West 4559 C M&SLP 4n 25 of: CM&StP deb ¢s cfs CM&SPova 4 s3zefs CM&StPensls CM&StPrféks. CM&SP rf aact. CM &St Povbs. C M&St P ov 68 ofs lCMasStpes.. ChiNW 4358 2037, Chi& NW 6%s Cht& NW 78, Chl Rys b 105% FChI R 1 & F g ChiR1&Prta CR I Pac4¥%s Chi Union Sta 58 Chi Union Sta 61%s Chi & W Ind co 4 C& W IAknb2. .. CCC&StLrfésA Cuba Nor 5% sct: Del & Hud %8 Del & Hud 7s 3 Den & R10 G en D& Rio G imp 5s.. D Rio & West b Erie 18t cons 4s. Erie gen ¢s. 'Erie conv ¢s A. Erie Genessee R 6s Fla@Css 1 Grand Trunk ' Gt Nor 4%4s 1 Great North 4% Great North 6%, Gr Nor gen s Hud & Man ref 6s. Hud & Mana) bs... 11l Cent 4s 53 11 Cent 4% Il Central rf 58 65. (11<C-C StL&NO bs. Inic Rapid Tran bs. Int Rap ''r 5s stpd. leng 1s db 5s 3 Louls&Nash uni 48 L &N 4182003, Louis & Nash 55 B, Man Ry Market St Mi) El Ry & L 58 61 MStP&SSMchds MStP&SSM5s38ztd MStP&SSMb%s ME&T ist MK & T ady MK&ToprinbsA. MK&T6sC..... Mo Pacific zen 4s. Mo Pac 58 F 17 Mob'& Ohio 438 77 Nassau El-4s 61 n§4<-.<< z2zzzzzzz NY N Hav&H cit 65 NY O&W gen 48 65 | NYStateRy 6%, INY W& Bos 4%s Norfolk & W en 4 38 2047 Northern Pac 4; Northern Pac 58 D. | Northern Pac r | 88 Ore Short L rfs 4i Ore Short Lien 58, Pennsyl con 4148, Pennsyl gen 448, Pennsyl gen 58 Pennsyl 58 64 Pennsyl 6% Pennsy! gold 78 | Peoria & E inc 4 vere Marq st 58, . PCC&StL5SA |Port RL& Pb6s 42 Port RL Pés47. Reading gen ¢%s Reading J C 4551 R1Ark& L 4% St L IM&S 48 2. St L8 W con 4s 32. StP & KCShL 4 Ws Seaboard AL 48 sta | Sou Pac 4s 29 Sou Ry gen Sou Ry Con 68 V4., Sou Ity 6s 66, Southern Ky 6% Term Asso St L 5s. XACK 'S 848 o0 X & Pac b8 11 rts Third Ave ref 48 60 rnird Ave ad) 5s. ol Tr L&P 518 80 tUnion Pac Ist 4s. . Unton Pag Ist rf 48 Un Pac 4 8 87.... virginia Ry I8t va Ry & P68 Wabash 58 76 | w wentern Pacific bs 1 Snore 48 3361 Wis Cen gn 43 49.. Directors of the west Klec 58 4108 1034 103% tn Unton 6 1 112% 112 1125 Westinghousens.. 7 104 10 104 Willys-Ov 6833, 2 102u 102 102 Wilson & Co 1at s 14410t Winchester A 7%s. 1 106 Youngstn S&T 6s 106 106 Co. Sales. High® RAILKUAL At&S Fovt 48 06-6¢ 1 Can Nat 41830, StL&SFtnoS... 107 Sou Pac 41484 77.. oAl Raceived by Private Wire Direct to The Star Office Low 9% 93% i 94% s 4 % 2 1% 9 100% 100% 4 3 « 11 104 104% 3105 104% 39 109% 109% < 21 102% 102% - 10 111w 111 07 87 70 96'% 97% 23 100% 100% 17 100% 1004 . 31 100% 100% 89ty 80W 6101 101 5 954 95% o 104' 3100 99% 29 100% 100% 4103 102 49 98 11024 1 5 108% 108% 191 & ) sS4 78 59 0% 6 101% 101 71 5 691 21 63 69 2 103% 1037% B 1044 104k 1 H8% 113% 1118 118 1L 91% 91% 3 105% 105% 13 103 102% 8 106% 106% 6 100 9% 8 100 49y 53 984 9T T 97 6k 6106 108 1 106% 106% 47 90 89N 139 ¥54 84w 1 87 87 .97 98% Y8 5 114% 114% 3 114% L14% 28 89% 83k 2 1164 1164 15 100w 99% 115 100 99% 4 1120 1124 17 116% 11bt o 101% 101% 36 92%, 924 1 93 . 91 <20 101% 101% 2 1104 110% 5 107% 107% 7 1% T 40 T4 TTH 19 % 77 87 % 98K 96% 83% 90% 1214 96 78% 7 102% 1025 6 94 93% 181100 99% 19 99% 99% 16 ‘n 9 41114 111% 13 iiac 035 5 104% 104% 20 1084 108% 17 $9 69 2 99% 99 3 102% 102% 6 91% 9w 11 100% 995 2 95% 954 !" 924 924 5 108% 10S% 104% 104% "8 1025 1020 26 82 82% L6 102% 101% 20 99% 99 17 98% 98'4% 20 llfih lth § 107w 107 1103 103 L % 7% 7 864 86 10 114% 1144 2 105% 105K 5 73 18 2) 15% 14 51 60 2 B4% b4% 5 90% 90k 4 98 934 2 gs g 9% 97% 1 1084 10834 18 1164 113 45 99% 99K 7 110% 110% 1 106% 108% 26 104% 104 10 1134w 1134 9 1056% 106k 1 113% 113% 7 106% 105% 3 484 45l 7105 106 4114 114 1210 114 1 97T% 974 1 103% 103% 1 103% 103% 5 96% 964 6 uBY% Y8l 15 9vle 99% # 101% 101% 47 vzl 92 12 1084 103 11 108 102% 41 101w 101% 98% 2 91 11 9% U B2% i 80 95% 94 95 99°% 104 6 119% 119% B 126% 126% 5 106% 106% 11 106 106% 5 102% 10274 0 68 8 58 1101 60 100% 100 UnionPac 18t ref 68 10 114% 114% 56 109% 109% 2 101% 101% 5 104 104 9 105% 105% B6% B6% 36 102 1014 1 100% 100% 5 934 924 3 N8l BYlg D. Pender | Close. | 985 | 984 4% 98 % 974 100% 104% 104% 109% 10:2% 1w w07 87 70 97 o8 100% 100% 100% 121% 116% R9% 1044, 99' 100 1015% 110% 1074 T % ki 98% 96% 83m 0% 90'% 98% 12 97% 1084 16W 99W 110% 106% 104% 1134 105% 113% 108% 119% 1264 105% 93% 88'4 PENDER DIVIDEND BOOSTED. NORFOLK, Va., December 21 (). Grocey have declared a dividend of 25 cents per share on class B stock to surkholdfls on record as of March 15 and also an extra dividend 100% 100% of h cents per share for the same period. This is the first dividend paid 1 104% 104% 104% by She company on its B stock. 'BROAD LIST RISES INCURB DEALINGS New Leaders Are Brought to Fore—Newmont Mining | Une Feature. BY WILLIAM F. HEFFERNAN. | Special Dispateh to The Star. | NEW YORK, December 21.—The main body of stocks continued to ex- | hibit a buoyant undertone on the Curb Hxchange today, and proceedings | were enlivened by switching opera- tions which brought new leaders to the fore. One of the broadest lists of the year was covered in the deal: ings, and total transactions approach: ed peak levels. Spectacular movers of the past few , such as Nrextonc Tire, North- ern Btates Power “A” and Sheaffer Pen, the latter issue being influenced by the announcement of a split-up in stock on the basis of 20 for 1 share, did mot entirely move out of the pic- ture, but fluctuations in them were less broad, However, Quaker Oats managed to register a new high for all time around 290. New stocks brought forth included Mountain Producers, which ruled ex- ceptionally active along with Salt ek Producers, both at peuk levels for the movement. Lone Star Gas sold up to 65, while Gulf Oil, not to be outdone, sold at the record high of 115. Brockway Motors spurted more than 2 points to 52, and on a large turnover Industrial Rayon “A" fluctuated between 21 and 22 Newmont Mining reached a new high record for all time with sales around 131 for a net gain of about 6 points. Yesterday's announcement of the stock dividend accounted for the buying. New Jersey Zinc exhibited strength around 188 and while public utilities inclined toward irregularity at times, many issues scored sizeable advances. Blectric Bond & Share -continued in the limelight, with United Gas & Im- provement doing well. There was a sharp drop in Pennsylvania Power & Light 7 per cent preferred. Mostly fractiopal changes were noted in the Standard Oil group, but severzl of the low-priced independents moved in lively manner. Carib Syn- dicate and Continental Petroleum, which stock will shortly be listed on the London Stock Exchange, were cases in poln( WHEAT HAS SETBAGK ON LIVERPOOL NEWS Free Offerings of Argentine Ship- pers Abroad Have Bearish Effect at Chicago. By the Associated Press. CHICAGO, Déecember 21.—Unexpect- ed lower quotations at Liverpool led to an early decline today,in the wheat market here. Argentine shippers were reported to be offering wheat freely abroad and there was lack of agares- sive support here from buyers. Open. ng unchanged to % off, Chicago wheat prices afterward showed a material setback all around. Corn, oats and provisions displayed weakness, 100, corn starting unchanged to % down an subsequently undergoing a general rop. Among the circumstances which tended to restrict wheat buying today was the fact that another orop re- port from Washington was due after the close. The report was scheduled to tell of the acreage and condition of Fall.sown wheat and rye. In view of a possible surprise exhibit would-be purchasers evinced a disposition to go slow until after t| new official fig- ures were out, especially as the Liver- pool market today was lower than ex- pected and Argentine advices were bearish. Selling based to some extent on an- nouncement that corn receipts in Chi- cago today, 265 oars, were larger than A week ago and about the same as last year had a bearish influénce at times today on the corn market. Be- sides Kansas City corn arrivals today, 270 cars, were far in excess of the cor- responding total last year. On the other hand, export bids for corn today at the Gulf of Mexico were again higher. sl SILVER QUOTATIONS. NEW YORK, December 21 (#).— Bar silver, 571 ; Mexican dollars, 43%. [RER FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal zold Selling chooks value (oF pa London. 110 S R06s o, crown tocicholm, SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co.) Y —Noon ¢ erown’ Allis Chalmers 5s 1037 Tus 1 53 k"Tnl o 4n 103 o ‘meris Thread Co. B8 1928 An-r_oudn LOFDQP A Batimors. & Ohto Batavian Pet, Cor, ug annzme ’4}!‘" 4 Erie Mot Adup 0. be Gemnl Pet. Corp, 8% drich Ce Soodyear . Hershey Choc. Co. Sinclair Sou. Pac Std. Ol o & i .,: @ nnl Union 0 "{£,# 54 Tnign Pac, GERMAN BONDS AND STOCKS. By Special Leased Wire to The Star. NEW YORK, December 21— v Red Loan wil i dra attach” per 1 56.00 60.00 Ger Gov Red an without urnw ctfs per 1.000 B M 30.00 3200 uoted in dollars per millign kg.) Hemburk 4‘5"4;" 019 0845 00 Asked. Krupn Bhebiaors « Munich 4 X 10|mud |n dollars nfl‘ A E G (German Gen El f. AEG (Germ Gen Kl ] { (D‘!.Hll\(fl & Privat Baol Disconto Gellmh aft . Berliner Hémdll! « North German Lloyd .. Austrian A E G (Gen ) 00 | Sales 1927, NEW,YORK CURB MARKET . Received by Private Wire Direct to The Star Office Following is the list of stocks and bonds traded in on the New York Curb Market today: Sales INDUSTR! in hundreds. l: 2 Acetal Prod A 1§ AR08 Bt v 88 4 @ Allims “.ul' h. my ’é i 1 dAm Roitne 3 3 Ameter Trad. ln,\m Jol & © vie 2 Am § & Ch 14 d 1o hread "¢ bt 18 Avso Gas & E1 10 Asso @ & E ris wi AU Frait . lk“ 1 Gk 15"{2 1 i n]m-k;]: Vil T Wi n 20 ‘4 i (s 1 Vo 30 R e 1 Det Cream ..... *5! mp Po: " iniey vu-lm n it pnuu:l Brs 'f" e Meygn < E g o B s F 'grd Mot Co Huylers .. y-grade ¥ wi Ind Ray Cor A Insur Co N A. % Intern Util A Intern U4l B, Johus: n - > - - S St = = et " : = A u S PC FBiaSES e 3 Penn Ohiy N 10 penn wl-'z" S Ty ;a Y BRR OERR SRS, les MINING STOCKS. in hundreds. 5 Con’ Range - . 1 Creason Gold ! 0 venden (‘«n kon Gold . INDEPENDENT in hundreds, 257 Am Con Oilfld: m Con Oilfids y s T Se ool B, 13 Coiumbia Synd o Lone Star G i} Magdal Synd ) Mexico O] C T .._... SR i Iy wbasane SRR TR 1 Transe i Venosuetan "Mex. 40 Venesuelan Pet.. fales STANDARD Of Ao TATR R nmfil 00 a1 hrhn?_ IssuE AR 50 1500 100 4 400 Imp O Canl 100 Ind P L. ?1:3]: Ipter, Pet ¢ al & hmble O il P L a8 Tranali 100 penn_ Sex el 0 &G0 d 100 Swan & Finch 1200 Vacuum Oil. . BONDS. 1 1 1 Pow 4%s. 70 Al [ Allled Pk Ox 3 Allied P % i rerm Blag unm pd L Oe. Gen ¢ i Gea i 0 ALl 39 Georgla Pow 10 G4 8 b5 7 Hood Rub 53 g oyl 1 $iyerade Food i Il Pw&Lt sm-nm. 4 IO G ds. U84 27 JudingpPal. s 65 Intl_Match si e Amer 5s. 9 13 Iterstate Bow 84 § 4 Interstate Pow 05 % 108 106 b ua Ehillips 4 Pitts 8 1Sou Gas Bbye. "1' A Toae Toais 1 Mil 6%5 961 2 Bl o ll! Ihnunl\dl PORRIay Adfixxm Bleo 7s 6 ¢ {31 BONDS. o4 97 01 e A ‘»,n u } Danaie m § us Go cf 548 > Bs n of alls 58 A 103 = bt 10 m Elegs! A ww S Wks 6 A D i ug‘a cxezs EXBIZRE: FIX STOCK PRICE. NEW YORK, December 21 (). —Directors of Vacuum Oil Co. have placed the price at which trustees may purchase stock from the com- pany for its employes stock owner- ship plan for the period from Novem- ber 1, 1 to January 31, 1928, at| $128.45 a share. The figure is the average of the daily high and low sales of the stock for three months preceding November 1 COTTON GOODS ACTIVE. NEW YORK, December 21 (Specisl), ~—Cotton goods markets were active today at unchanged prices. Print!| cloths were quoted at 8 cents for 84x60s and at 9 cents for 68x72s. Raw silks were firm and moderately active. e FEDERAL LAND BANK BONDS. (Quoted by Alex. Brawn & Sons. Cloging.) M . TREASURY CERTIFICATES. (Reported by J. & W, !elllmll\ & Cn ) 1041 1| FINANCIAL. * Equitable Co-Operaive uiling Ass'n JOHN JOY EDSON, President WALTERS P 2 Organized 1§79 Mflflf'r Secretary Assets .. 292,01 : X ss:bscnphom for the 94& que of S(ock Being fl:cllllvl:llh 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 —rvou'll find the Equita- ble’s plan an helping hand to accumulate money. Start now. 915 F St. N.W. Capital and Surplus $3,000,000.! The Best of All Xmas Gifts —for the youngster whom you hope to rear in ways of THRIFT is a Bank Account. { Practically any sum will start an account at this strong, old bank. Why not put your boy or girl on the right road to success This Christmas? &7 Same rate of on large and small accounts. Natlonal ‘Savings & Trust Co. Glst The Oldest Savings Institution in the District of Columbia Year Cor. 15th and New York Ave. Loans on Real Estate 3, 5 or 10 Years WE BELIEVE OUR ECONOMICAL PLAN gsl’dAKlNG LOANS WILL APPEAL TO Residences, Apartments and Business Prop- zniexMi: the District and nearby Montgomery Co., . BOSSEHELPS Founded 1907 John Hahcock 1417 K St. t tual Insurance Co. Main 9300 APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent Suburbs of Montgomery and Prince Georges Counties, Md. 5% ‘INT!REST Apply to H. L. RUST COMPANY LOAN CORRESPONDENT The PRUDENTIAL INSURANCE COMPANY of AMERICA 1001 15th Street N.W. Main 8100 SAFE S 3 0 9 MORTGAGES AGAIN WE SUGGEST —the investment of some part of your Christmas Funds, steadily accumulated through- out the year now almost gone, in our r a Third 69 FIRST MORTGAGES Your principal will be held in- tact and safe. Regular interest earnings will be paid you dur- ing the full term of your invest- ment. And you will be taking' a well-advised gstep toward financial independence. SAUL CO. 925 15th St. N.W. of a Century Without a Loss Main 2100 SUBSTITUTE FOR SAFETY ‘,