Evening Star Newspaper, January 23, 1928, Page 12

12 *a TINANCIAL.® MELLON STRESSES | SAFE INVESTMENTS Bankers Are Co-operative in “Thrift Week” Campaign. Will-Making Urged. Abitibi Powr(5). Abr&Stras 7%pt Adams Exp (8). Adams Ex pf(5) Adv Rumley... Ahumada Lead. Air Reductn(17) Ajax Rubber. . Alaska Junea. Albny Pap pfe7) - - il Allied Chem () BY EDWARD C. STONE. et lrldd Amal Leather pt Local bankers were co-operating to- | day in the final observance of the Thrift | }Mevads week campaign, “Safe Investment lndi Make & Will Da; Timely posters call- | Am Bank N(t3), tng nttention to the huge losses which | A™ Bk N e (8 Tesult from careless investments and | B Shoe pf(7) others stressing the need of making a | +r [ Shoe BT Open Hizh 1554 164 i 11 241 265 5 184 3 s 5 156% 126 15% 16 1898 1 3 Received by P Quotations to 2:35 p.m.—Final Quotations in Low 155% 163 Abrahm&Straus. 103% 107% 1034 107 11 241 111% 265 5% 11 3 189 13% N 2 'y 99"y 154% 1564 118 83 12% will were displayed generally through- | (i kiown Bopf 60t 604 60 60% out the city. Reference also was made to the state- ment of Secretary Mellon some time ago that more than $500.000.000 is lost annually in the United States through investments in fraudulent securitie. “It is essential that we learn to save. says Mr. Mellon, “but it is equally important that people generally should also learn how to invest their savings in some sound and productive enterprise. It is estimated that each year more than half a billion dollars is lost in this country through investments in frandu- lent securities. This enormous sum Jargely goes into the pockets of swind- lers. The most unfortunate aspect of the whole situation is that much of this waste of hard-earned capital could have | Am LaFra&Foam been prevented if those seeking invest- | Am Linseed.... ments had taken the trouble to make Am Linseed pf.. proper investigation of securities or ask | Am Locomot(¥). the opinion of some competent banker, [ Am Loco pf(7). lawyer or other adviser before buying. | AmMa&Fy pf(7) “The Federal Government. State au- [ Am Metals pr thorities. banks and other agencies are | Am Piano..... doing what they can to lessen the sale | Am Plano pf(7). of fraudulent securities, but in the end [ Am P& Luil). the solution of this problem depends | Am: Radiator (5) Jargely upon the public itself,” Mr. |Am Ry Expi6). Mellon asserts. | Am Repubie... The local safe investment and make | -\ Sate Raz(4). = will dav committee was composed of | A Seating (3). Thomas W. Brahany, chairman: Y. E. | Am Ship & Com. Booker. B. L. Colton, A. C. Flather, C. | A™ Shibbldg (3) E. Fleming. Richard Hatton, H. G.|[Am3nelunsis) Hoskinson. R. W. Hynson, F. W. Pat- | A 8 & Rpia7). 1 Am Can (2)..... ) AmChic pr pf7) Am Drug (80¢). Am Eucau (2.40) Am For Pwrits. | Am Hide & Lea. Am Hide & L pf. Am Ho P Am lce (1213 Am lce pf (5) A lnternaticz terson. Louis Rothschild, E. C. Stone | AT Suuft112).. end W. J. Waller. A Sy sl Aw Su Ky pre1) Thompson Appeints Committees. Am Sugar (o) Eugene E. Thompson, president of the Associated Stock Exchanges, today named the committees to serve the as- sociation until the annual meeting next November. W. W. S ) Am Tobaccui¥). Am Tobaccuksis) Am Type Foud). Am WWaEl(el) Am Woulen. .. .. Am Wooten pf .. Am Writ Pa cifs AmWrPa pt cls. Am Ziept..... Anucouds (3)... VArcher-Dau (3). Armourbel pri? | Armour vt ltica) | Armouroriil(8) Arour 1 ple7) Aruoid Con & Co ; Irwin F. Westheimer, Cincinnati: J. H. Holmes, Pittsburgh. Membership—W. E. Fox, Cincinnati. chairman: G. E. Williams, New Orleans; C. O. Gamble, St. Lous. Program. E. B. Glenny, New Orleans, chairman: - J. S. Wilson, jr.. Baitimore, and W. W. Washington. A Public | gklrmm wiL C. ‘ 3 . Harvey, Cleveland, | assv Ury Gi2 and Ralph Fordon, Detroit. | Aswo: u-|’1§‘;‘. .h.‘A Revision of constitution and by-laws | Aicuison (110). . —Ralph W. Simonds, Detroit. chair- | atcuison pt (5). man: M. F. Middleton, jr.. Philadelphia; | AuiCoast L(11v) Fred H. Emery. Cleveland. and C. W L.| Au Guif & W1.. Johnson. Baltimore. AU Gult& Wi pt. Nominations—Ralph W. _Simonds, | Au lettuing (4) chairman; B. P. Schoyer, Pittsburgh, | Atlasrowder(4) and Frederick W. Freeman, 6 | Austiu-Nichols. Austin-Nich pf. . | Autosates pri3) | Autustrap A ). | Baldwin Loe (1) Baltimore. Two New Directors Elected. | Bald Loco pr ) 120 Ballo&Ue)... | Bang & Ar (335) © | Bang & Ar pn7) | Bk Comerce 118, 066 066 066 1 Baroet Leather. | Barusdi AL2%) | Buyuk Cigars Beidiug Bros (2) PBei Nat Rys pf 7 |Best& Cutd)... | Bethichém Steel of Tax Appeals and is now counsel for | the joint congressional committee on international revenue taxation. Daniels is a member of the advisory board of the Merchants' Bank & Trust Co. and counsel for the Riggs Market Investment Co. { Wimsett Co. will | op'n its nffice at Ninth strest and New York avenue. Alterations will zmmfle: on this building in a :61;[ ys and = modern banking room | be installed Bou Aui Cl A oot Fisheries. Borden Milk 18 origss Mfg Co. . British Etup 2d. BKiyu-Edison (8 Biiyu-Mau 14). Bkiyu-Slau pie, Bkiyn Un ErowusShoe(2% ) Bruuswick B (3) he | krunswick Te will | { Burns BrosA (8) | Burnssros vrii) Record Forum Attendance Seen. Chairman H W. Burnside announced today that present reservations point | to an attendance of 150 bankers at the institute’s forum dinner tomorrow ning at the La Payette Hotel. This shatter previous records. * be obtained up to 10 o'clock tomorrow from F Bfl.nffl at the Com-! purroughst14 Edmund Brown. Jr.,of the Brook- | sun fer de o1 mire Economic Bervice will arrive here ! guite Cop & %... ©in tme to call on several personal Butte&Super(Z) friends in the local banks tomorrow | Byer& Co.. He is 10 speak on the “Bi - Investment Outlook for 1928, RaiDenake 41 opened at the institute. under Walter | Catlahan Zinc T Dunlap, former ramn o | Catumet & Arcé University of lowa. Forerh i The dinner wmorrow evening will| C4nlrY U Ale(i) £tart promptly at € o'clock. 50 that| " . 120 stais) officers. instructors and students May | oieThremhi:6) be at the 8 o'clock classes at the chap- | coans Ay o) ter rooms. | Cent Alloy pf (7} Transit Co. Shows Profit. i :J "‘fi" “The report of the Washington Rapid | S5 de Lasct Transit Co. for December, 1921, showed | Cortalt T eed (4) increased revenues and more Dassen- | c.qier Mot pf gers carried and st the same Ume | Cylobn ) thowed decreased operating expenses, | Cy. e Gnioi1y) while the number of bus miles oper- | o, Corun (3) 2ted Was considerably increased Cus & Alton ' Total revenues were $47.712.62, an in- | G ‘s bt 111 p crease of 8703276, or 17 per cent, over | o) & wa= I V! the revepue for December, 1926 Pas- | (ip, Gt Went pf. sengers carried for the month were | Cpign WS P 467,550, an increase of 28784, of 65| Gyl ikl pf, per cent. over December of the Previous | ¢ us's we ¢ ctw. , yesr Operating expense for December. | & ygsip pf cfw. 1927, exclusive of interest and taxes. | Cniy Nwn (4),, was $45.475 44, a decrease of $1,560.70, | "y jioek 18 i6). compared with the corresponding month 5002 of the previous year., while bus miles inereased from }29878 in December 1926, v, 149224 In December, 1927, & difference of 19346 or nearly 15 per cent The improved showing s attributec 1w operstion of new snd® more attrac- 1ive Durses. incressed rate of fare and econonies resulting from better masin- tepance methofe Net revenue after de- duetion of vares was $1.97651 for De- cemipr, 1927, us compared with & def. icit of §7.138.48 for December, 1926 Uther Financlal Notes of socke and bonds were otron 6 Guiet trading on the Wash ingion Buck Exchange vdsy Chsrles C Lamborn, treasurer of the National Bavinge & Trust Co, wes re- ported in & favorable conaition today Biter & werious o 1 pertormed at Gartild Hospital last Frid Boys' Deaths Start Probe 1 vestigation rieti B oizu). ryrier Cor (4) y Blores (13), ab (b)), . u1(7) Colium & Alkia) CollinsdA pf17) Col Fuel & trun Com Cred (1) Com Cren pf 6% Com oy (4899, Prices Cong Clears (4) Con Cigarsid), Cansol Insribut is belg made of the mensgement of the Absssl Orphan Asylum 8t Avsssl, Kgypt. tollowing the ceatn by powon of three boy lnmates The isfs had been injected with ® preventive sgeinst disease. und, despite orgers that they test, the director com- pelled e o work, 1t i charged Municipel suthonties had sent ina- verial for new clothes byt U was neves mane up wng the childien were in rage wnd veu! barefoot Bome of the boy: vere ustd me servente in the homes of & Girector and & Leacher Cont Bake A 14) it Baking I8 (Cat pti1) st Ansur (%) . Cont Mont (eve) Corn 'ron (vE) Caty fue 416 iestieel 6 Cliba Cale Bugel Cuba Cane Su pf = GETS $41,000,000 LOAN EANTIAGO. Chile, Juuuary 23 W) government has contracted with the Netions) City Fenk of New Yore fo: 4 ioan of 841010999 Uy consolidate Slyle eiivay debls Ti Cuymmel Frion Viean Chem . 146 ann ot (1) 126 Tle » 1095 101 108 £ 108 S 13% 112 13118 1154 115% 13 20 T3 1374 137y 1085 109 101 101 69% 70 108 108 3 7 8 'y 26% 107% 108 4% 120 u3 13 1154 115! o 64% | Gen Aspr 1810y 132 b | THE EVENING STAR, WASHINGTON., D. C. MONDAY. JANUARY_ 23. 1928, DRG Wst pf... Det & Mackinac. Devoe & 112 .40) md Mich(8). Dodge Bros Cl A Dodxe vt (7)... Dome Mines (1). Dunhill Int (4). DuPont deN(10) Du Pont deb (6) . Duquesne pf (7) Onen. High Low 179% 1 179° 315t mn7 16 . 164 2T 18 L 109% Elec P& L pt (1) Elec Refrigeratn a) -Brantgm (A) d-John (5). .. gineers Pub S quit Bldg (7)., quitableTr(12) et K....... Erie 1st pf... Eris Stn S (2%) Erie Stm 8 p(7) Eureka V (1), rbanks (3)... Ligteh140), ‘ed LAT pf (8). ed Min pt (7)., Fed MotT'(f8vc) . ¥1d Phoe lus(b). Fitth Ave (8ic). First N P 1st(8) First NatSel iy ) Fisk Rubber | Fleischmaun | | ! ! Foundation Cu. . Fox Film A (4). Freeport (i%).. GabrielSnb(31y) ardner Motor. . Gen Am ble A4). Gen U 2 119 ns',:uen Cigars (4).. By 400 4 110 110 16 L4k 153 183 1445 144y [XREN 1140 115 i 11v oz o2 1093 1797 2 167 1193 120 o8 o8 2% odte 1 e ad% oals o0 0Tl BT Bom aY 12 13% L v od'n i 451z 40 o0tz M. Lauderman, St. Louls, | articom pf (7). 110% 110% 110 PYRRRTN sy 5y 13 1w 100t 105% 15 15 a4 don adle 44l 108 iy Bim Bim 38 34 o a8k 251% 252 120 1eks U6 alty ns Bl 13 o - 106t 106k 106 16 16t 6 76 19% 1ym »7 »1 od% 05 oTn o8k | Beth BU pf (7)., 120% 120% 120% 120% Blmingdle pre7) 110% 110% 110% 1oy vl GT% U e 174% 170 P = 214 o7k =4 FERRT odbs 3t 18 19% 2 2y 87 8% ydY Y9 vy Y 145% 149 o2 62l 108' 109 4 4 Y 9 Y9 1007 o 17N (S o8 1 £ a0 4 + 110 11v Lot 146 108 13 1444 1444 0Tt b4 1145 110 %06 110 1le ©; [ obty |G Elec (15)... iElec spusuc) en Gasa(ollz) Gen Gus pr A7) Gen Motors (5). jGen Mot pt (7). | Gen Vutdr Ad(2) Geu Ly 31 (5).. Gen Refrac (3). Gillette Raz (5 Gimbel Bros. Gimbl Br pt( { Glddeu Co. ... ¥ls 1790 | Gliddeh pr pf(7) | Goid Lust (3).... % | Goudrich Ru (4) Ly 120 o5 o8 A ! Goudrich Rub rts svudrich pt (7). Goudyear Tire. . odin | Govdyr 181 pIi7) 1o a4 4dl: ) ook »¥ 14 40 ‘05 | . B Guthm Hos 3219, 4513 | Gothm new 32y | Gotham H pt (7) | Graham-Paige. . 6% | Grauby Cou Min North pf (5) 15w | GUSor prefsts) | 98" | o0 vy 11w PYR) 59 1vs 105 awo 1 18 adh ada 43 4dbe | Wits Wik o4 64 w5 108 TNty o1 on STm 31 34 o w0 aolh 251 251 120 12 ok 115 51 a1 1ias? 113 566 a5 zo'y 8y 15 19% 1v% B6% Bba odd 0a% oin bBk W el A 178's G 170 oz 4 88 Ll Lo o7 Y94 99, YNl Bl 148+ laws, o2l 2% 1u8% 109 4 4% yh o un, Bl 45n S8ta s 2y 87 | nt Com b | 10 idary oy | tuter Har pr ( GrtNorU (liz). Gri Wes S(2.50) iU WesLS pt (1) | Greeu Canan. ... Guantanamo Sug Guan Sug pfis). 194% | Guit Mo & Nor Gulf States Steel | Gulf Sta 1s17). Hacknsk W(13) | Hanua 1sUpt. .. Harb Wik pf (6) Hartman A (2).. Hrtu B ulu%stk | HavEl Ry pt(6). Hersuey Corp. .. Hershey t.. Hershy pr pfo Hoe = CoA. Hollander & Son Houston Oil. ... Howe Sound (4) Hud Man (2%4). Hudson Mot Hupp Mot l.40). | Hlinois Cen (7). iindepLiltl)... | Indian Mot (1%) Iudian Mot pri) tndian Renu; Iniand 5t (24). Lnapiration Copr InterboroRapir. Lutcouti Kubil) Internat Agri. .. int Bus Ma ()., nent (4).. ) It ich pied.20) 3 Labw 164% 163% 168% | s aer Mur ut. ut Nickel | tuu vaperz. {An Paper pf (1) i'lnt Ry Cent Am. { Int Ky CA p1ad). | Inu Sitver...... 1 Inut Silver pfi7) | lutTel & Tel (8) { Intertypecritg) | Islaud Creek «4) | Jewel Te. Jones Bros Tea. 98 | Jordan Motor. .. | n City South. A 26% 6w 6l Zoly | Kan CEo pf (4). L aayserd (4) 2h 1 106 21w 2% 0l o8 207% 1084 1 252 05 1iv 203 06l P 110 08 6% Wby T8l in 17 672 bR 199'% 201 1% 110% oY% 0% 4% 4% 120 181 o 1% 0% 122 186% 1075 107% 105 108 ih B wi% Y2n Y2l vl 122 124% J24%n 1240 12 102 0 W bty i 46, #h 125 v 1Yy e 0z 126 i . 6%y #10, s 22% »i% 62 1600 1 120 ih " hh 4 e Y, Ity b, Corn Fron of (1) 1890, 189 1890 iy, Vb, 1shia B4 ", o wicT) . 118 Lot L16Y 116 Muniey G 2 z1 7% ol 2074 219 Ao | 1y P o 19 03 6h7n bR b0% 40% 20 110% 1oy | | 131 b bws | o BTl on 122 122 186 Y 106 10% 8 e bisty 167 o b1 EL I r2 102 0 . ) iy 6 12 [ 1"y o' % whe, »h 25 7] i he', 2 vy 6l 'y 8% 6 h'a I3 h2% 100t 1h2t i j20 4o | | | | Kelly-Buring. ity | Kelly Tjre 6% pt Kelly Tire 8% pt K Kraft Ch (1 1%) Kresge 11.20)... Kresge 58 pf (%) Kress (8 H) (1), lede Gan (12) Lago LIl Lioe) ., LenighValidig) (Lahn & Finked). Life Bav (1.60). Lig&MyraBi(4) Lima Loco (4) .. Lorillard Co. . Loutsians OI. .. LoulsGasAl.75) Louis & Nash(7) Ludium $teel2) rue! Mackay 17) Macy (IH) 15 Mad B Gr o) Magma Mallison & Co. Mallison of (1) Manati Bukar pf | Mandel « Man M, Man Bhirt 12) .., Maracaibo O1l ., Muiket Bt prior O 1 Bup (b)), 1in & (dh) | Maedin: Hock s Martin-tury 1 2) Muytag Co(2) Metrot uf ol 89) M1 Biat Midland p M Hubber Missuyit | Missourt 1'an uf Montuns Fow h Montgmry Wrh Maun Moter, .., Mother |, (bie) Motor Met (3 60) e ba's [T Motor Whi (2)., Mutline Mfs Munsingw ' e JEIN 34ty 1073, 115 a [ Kt ! 412 [ 6% 36 115 KR S84 443, 16' i o " 101 2% 1115 o7 1% 19t 40 1195 134 84 106% by 53ty 100% 23% s 120 5 n 4 W37 1054 28 82 145 T o8 o2 s 133 4 104 8% oite 1o 144 124 o¥'a ozla Y0 244y 2 1 1060 iin 18y 130 14o% 8T 53 23t 870 1% 'y et LA 179 #H A a0y ol £ 15 Lnte 160 2% Hirhe 1040 214 28% Anly n2! i oty LTEN 124 126 e 2 o “hvy niv, hi oty 183, 17 116 16 1 11 145 BT 1077 12 7n 61 38 116 K% 48y 46'% 164 1021 402 F] [STEN oy 9y Ly 11y 136ty o 1065 LN o4 100% 234 inin 120 21 4 [ 84 4 103t 2¥ly 24y 163 44 b0 il el 1% 10% Yl oo 1v st 19, 140 1244 oY% Lal 1870 LT asle Wby i Ui 7% o3 il sl 12n 62 V2w vhly 24 : 114 e B0ty b2 ECIM 1Y 2Hla 150 30 A% 104 e 211 25% 4 i b 3 blv, [ 0ty 12 126y 120 [N 21n | i 5:30 KEdition. 18¢ 1344 57% 50 sh Mot (151%) Nat Acme (sta). Nat Bellas Hess. NatBHess pf(7) Nat Biscuit (6). Nat Cash R(A)3 Nat) Dairy (3).. Nat Dept Stores Nat DSt 1st (7). Nat Distillers. .. Nat Distillers pf Nat Enamel & S. Nat Enam pf (7) Nat Lead (5)... Nat PwéLt (80¢ Nat Radiator. ... Nat Rad pt(7 Nat Supply (16). Nat Surety (10). Nevada Ci1'%3). N Y Air Br(3).. Y Cent (8)... NY C&SLL(6)... NY & Harlem(5) NY N H & Hart, NY NH&H p1?) NY UNLEWL).. NY Steam pt (6) NY Stm pt A (1) Norfolk & W (8) NOrAW b1V % Stk North rac (5).. Nor Pac efsid). . Northwn T Norwalk Ol Well Sup. omnibus. VppmColl Vrplieum Cir 12) Owens Bot (cid) | vacitie Gus (2 < Il Blubs. © Tel & Tel (7, ackard Mo ). Caige Motor. ... Pan-Am Petroim Pan-Am et (B). Pan-Am West B, Cauliundi vanhandie pt Parmt-Fans) . Paik & Tiltord. . Fark Utn (80¢) Patie lixchange Patus Ex A (4). ) Peeriess Molor .. 1094y 136% 1244 ou0ly C & Cuke. Dix Cung Lix Cupt (). Peno R K (éh). | Leuples Gus 13). Pere Maiyg (18). Pere Maiy pfis) Flillatoo e piis) Philsn&e RC ) Philip Morris Philips Pet ¥ Peuoim. . Piiisbury (1.60). Plllsbry piivis). Pitls Cual. Pilts FUW pI(7). Pitts Su pe i) it Ler pf (6). roito Kico To B Postum (v) Prsucar pt(q) P'rou & Lieuuers, Lroducersa it pt ProphyBrushi3) Pub Serv Ny, Fub Serv pres). Pub S NJ prii). £ub SE&G pLis) Puitin Cotpid). | Funtu Aveg Sug. | Pure Vit (1), .. Furily bukAs Purily Bak B 12) PurilyBak pii) Radio Curp of A. Radio C pr (343) ' Heal Suk Hos. .. o | Heut Stk pE (7). | Bemugtn- Kanu. | diem-Rd lei). | tieo Motors (1. Seb r & SU 4D, tep L& S Pl sichnheid V1 (1) Hossia Lus (6). . Hoyal Dad.lil. St Jos Lead (1) SUL&Sun b (180, StL duutiwest. SUL Swh pI (5). Scuuite 1), | Schulte pt (3).. | svabu Aur Lane | Seab Air L pt | Dvagrave (e1.20) | Sears-at i), Selieca Copper . . Sheil Un (1.4v), Snubert The () Suider g pI... S 1ot ls BUE) Suuth Canit Ed. . Buuth Duiries A, South Dairics &, Buulh Luu (6). | Buutheru Ky o8 Dol 1ty M&U ctty Spearatio pr (7) | Buicer Mfg. ..., S &K ). B & K bl h) B MU0 .. S Millg pf (6). ' SLando Caliz ) [ SWUILNIT] e ) | S VNV (L6u) S Plate Gluss, Sterlg 1 Stewa 1% 60 T2ia o Zista ™ » 4% 1oy »2 0 vib 6 200 iy Strom Car (2).. Studebuker (o). Bubinarine Bos Bun Ol (A1), 1 Bupetior VIl Swewls ol Alner. Copper (1) s Cutpn (4) Tex Uull dul +4) Tex & Vuoilic. .. B0 ) Pax PCKUBIC) . Slh [ Tyx Land Trotn Bl | Phatcuer Mix. . MW Thaehe pr 60 280 | Phig Kuir 12,40). 160 homp J 1 % | iyewuter AnUll #te | Pimikon (1o bac Frod +in) Folua Frod A 1 Tob Piud cfstA) Tranmcont VIl ., Lransue & Wil) Undewd- 1511 K sl Al aper . Larh (#) Un 01l of Cal Unton 1'ag (10) Un Fagine pfos) Utd Bisouit. , . Utd Mincut pfid) VLUK st CaoG ) United Drug (4) Ut Fiuitcni by ) UBCIVAFO0) U8 Hulfman (1) U i Alsuniol (i) UK Healty (4). . UM tubber U B Hub Iat (8) U B Bielt (8hy) U b ) U B teel (1), U M Ntesl pf 17) Uni Leaf Tob(d) Uni g st ufeon) Plye & It V&Lt ALe) Vanadium (14), Viek Chem (4) Vickabe B& ) tor Tik Moh Lo a pt (8) rourpt (1) ara Chem., Var ChoR% 2% Va Cas Chpni) 190 iy aur, 1a 1 13y 200 a7ty 10w, Lithy b 1 od'y alty 10ty NEW YORK STOCK EXCHANGE ate Wire Direct to The Star Office. High HO0in 1Wsta 4 Rt Low. o 2) 1dl e o4 s o I 10idt e od “ 10t 2ide b [ buty (e 4 bt 2:58 0%y w | cally affected. 120 e P o vo 1woy | I wi | e o | E i 1094 | % By Wi [ [N i dity by [ B 1 | Special Dispateh to The Star { 3 1al15, half blood at Ger Gt Red 1. | Wabash | Warner-Quiniz) | Wei w | w | White FINANCTAL. BULLS GAIN HOLD ONSTOCK MARKET Motor and Steel Shares Rise. Hupp Feature of the Trading. BY GEORGE T. HUGHES. NEW YORK, January 23.—Whatever | hesitation was displayed last week to| come in on the buying side of the| stock market was not in evidence today. ‘The market was active and strong, | with the volume of business at the rate | of more than 2,500,000 shares for the | full session. | The most noteworthy incident was | the action of the motor and steel shares. ~ Wall Street now has the highly favorable December sales figures of the General Motors Corporation at hand, but the current demand appears to be based more upon the outlook for first quarter results than upon what has occurred in the past. It is not ex-| pected, however, that anything more than the quarterly $1.25 will be de—‘ clared at the February reeting, al- though well informed interests are of the belief that extra dividends will | then come up for discussion. Hupp Motors Feature. The feature of the motor group was | the heavy turnover at new high prices | since listing in Hupp Motors. This de- | mand is sald to be coming from promi- nent sources, who believe that with its | | | Treasury notes offered in exchange for | | third Liberty loan 4% per cent bonds BOOKS GI:OSE TODAY. NEW YORK. January 23 (#).— Sub- ! today. Pumpkins are members of the gourd | family. e ] Dealers Have Ample Supplies for Light Monday Trading. Early morning busines today was only normal. Business ally is quiet Mon- day mornings and heavy trading is not expected. Receipts Monday mornings also are light, dealers report, because shippers do not do much shipping on Sundays Dealers had ample supplies of all com- | moditics to more than mee: demands of retailers, however, and supplics on hand were as attractive as usual | Pric:s today remain unchanged. | Butter—One-pound prints, 51a52; tub, | 48a49; store packed, 32; storage, 44'; a4d. ’ Eggs—Frosh, nery, 47a50; current receipts, 45 Poultry—Turkeys, alive, 40a42; Spring chickens, 30a32; fowls, 24a25; roosters. 16a17; ducks, 18a20: keats, young, 70a | 175; old, 35. Dressed turkeys, 40aé: Spring chickens, 32a34; roosters, 1 capons, fancy, heavy, 45a46; small, 35a 40: ducks, 25a30: keats, 30a90. Meats. fresh killed—Beef, 20a25; veal, 24a26; lamb, 26a27: fresh hams, 19a 20; loins, 19a20: fresh shoulders, 15a1 smoked hams, 22a23; smoked shoulders, 13al4: strip bacon. 22a23: lard, 12! 13; calves, alive, 16; lambs, alive, 13. | Fruit and Vegetable Review. new models Hupp is in a position to | " | duplicate Chrysler's achievements in the past. Hudson Motor was outstandingly | strong despite the fact that final 1927 | results did not come up to the most | sanguine expectations. | The Steel Corporation has made it | | plain that the $1 a ton advance fs mr: first quarter delivery only. The in- creased demand already noticeable fore- shadows belief that further upward re- vision of steel price schedules are likely to occur. United States Steel was sell- ing & point higher most of the session and the independents were sympatheti- Vanadium was at its highest since 1920. Youngstown and Inland were taken up again following announcement of the tentative plans for absorption of the latter company by the former. Republic Iron and Steel extended its rise of more than 5 points recorded last week. Rails Not Neglected. The rails were not neglected and gave a better account of themselves than they have for some time. The upturn in Nickel Plate which carried it to within a point of the 1927 high, ap- peared to be based not so much upon the merger outlook as it was upon the fact that December earnings brought the 1927 net result to $15.50 a share, without taking into consideration fits equity earnings jn Pere Marquette. New Haven featured the low-priced fssues' with a gain of more than a point. The outstanding weak spot, Southern Rail- way, Mobile and Ohio certificates which declined 15 points following the state- ment by officlals discrediting report: :lsp:nslble for the 33 points rise last Specialty issues that attracted atten- | tion were those of the mail order, dis- tributive and department store com- panies. Montgomery Ward was active again. The statement of Sears Roebuck newed buying in that issue and expecta- “ tion of a favorable Woolworth report | tomorrow was the incentive for the | demand for that issue. Gotham | Hoslery went to a new high for more | than a year and the demand kept on for Julius Kayser and Cluett Peabody. i | WOOL MARKET STRONG. | BOSTON. January 23 (Special).—The | wool market continued strong in m:w brisk trading as the new week started, | | reflecting the active mill demand and | limited stocks of gocd combing wi Fine territory was quoted at l'u.‘l’.ozlafi‘ French combing at 110/ 1.12, three- | eights blood at 98a100 and ' quarter | blood at 90a94. Fine Ohio ficeces were | quoted at 50. grease basis, and half biood. three-eights blood and quarter blood at 50a51. Michigan three-eighths blood and one-fourth blood fleeces have sold at 50. GERMAN BONDS AND STOCKS. | By Special Leased-Wire to The Star. NEW YORK, January 23.— Bid, 58.00 N with draw Aoted R M 100 2.00 | | ey nfd ) Wl Privat Rank 130 00 AR 00 1580 00 M Dise eliwchatt Herliner Handely Diestiwr | ‘Ivadou (b10) ., an Detin. . . “n DetintA) 4% Wahash pf (A (b Waldorf (11g)., Ward Haking R Ward Hak of (7) Warner Pic A Warren Bros(d) Warrenist nf(3) Wark&l" pe Co West I ['o pteT) DalryAd) Wentern Duiry B Went Maryland ont Md out Pacttio. 1001 10ty L Wenthre Weston Westun A White M White New Mach White BM pfed) Willys Overtund Willya Od pf (1) Wilson & Co. Witson Co bt [ Wison & Wanlw Waorth Fump (8 Worthi Pumip Wiliht Aeiocl) Vellow Truck. .. a Vel Tyaco phil) ol Vounkstn Bhid) "Waoush Hourly Sales on N. ¥ Market, O TR T H RN BOO ¥ B, 2 0RE D00 "y tem W Eular tate Ay, a ) s | snadial TRERT o A A e e huncte ¥ A® e wrelonivd Wadk 1oul, | e ———— Today's market report on fruits and | vegetables, compiled by the Market News Service Bureau of Agricultural Economics, says: | ‘Apples—Supplies moderate; demand moderate, market steady: barrels, Pennsylvania, U. S. No. 1. 2': inches up, Yorks, few sales, 6.50. Virginia U. S. No. 1. Yorks, 3 inches, 7.00. boxes. | Washington, medium to large size, ex- tra fancy, Delicious, mostly 4. Rom and Staymans, 3.00a3.25. bushel ba: kets, Pennsylvania, U. S. No. 1, 2. inches up, Staymans, 2.25a250; 24 inches up, 1.50a1.75. Cabbage—Old stock, New York. sack- ed. per hundredweight, Danish type. » 1.00a1.25. new stock, Texas, barrel ' crates, approximately 100 pounds net. | round type, 3.50; Florida. 1!.-bushel hampers, pointed type, 2.00a2.25, most- ly 2.00. i Celery—Supplies liberal: demand mod- | crate, market steady. California, crates. | 5.00a5.50; fair quality, 4.75. | Lettuce—Supplies moderate; demand | moderate, market steady: Arizona, | crates. Iceberg type., 4-5 dozen, 3.50a 3.75. mostly around 3.50; California. | Imperial Valley, crates, Iceberg type. | 4 dozen, mostly around 4.00. | Onions—Supplies limited: demand light. market dull: Michigan and Ohio. | 100-pound sacks yellows, U. S. No. 1.| medium to large size, mostly 2.75. Potatoes—Supplies liberal: light, market about steady: Michigan. ! 150-pound sacks Russet Rurals, U, S. No. 1, mostly 3.25: Maine, 120-pound sacks vellows, U S. No. 1, 2.75a2.90. Spinach—Supplies moderate: demand light, market firm: Texas, bushel bas- kets Savoy type, 2.00a2.25. Sweet potatoes—Supplies lberal: de- mand light, market weak: North Caro- lina, bushel crates Parto Ricans. 1.00a 25; cloth-top barrels Porto Ricans. 2.00a2.25, few higher: South Carolina. | 5-peck crates Porto Ricans, 1.25. | made public “today brought about re- | Tomato Market Duli. Tomatoes—Supplies moderate: de- mand slew, market dul unknown origin, repacked in New York City. 3s, ripes. wrapped. fancy count. 2.65. choice count, 2.00: few higher: Florida. originals, 6s, green, ripes and turning. | wrapped, fancy count. 500a5.50. i String beans—Supplies increasing: | demand - moderate, market slightly ' weaker: Florida, <-bushel hampers. green, best mostly 5.00a6.00: few higher: ordinary to fair quality and condition, 3.50a4.50. Eggplant—Supplies increasing: de- mand moderate. market dull: Florida pepper crates, fancy. mostly around 400; few high as 4.50; choice count.' 3.50a3.75. Peppers—Supplies moderate: demand moderate. market steady: Florida, pep- s, fancy, 4.50; fair quality and condition, 4.00. | Squash—Supplies light: demand mod- erate, market about dy: Florda, pepper crates. fancy, size, few sales. 8.00 Cucumbers—No supplies on market. Carrots—Supplies moderate: demand moderate. market steady: Texas. West- ern lettuce, crates. bunched, 3.25; bushel | oaskets, bunched. 2.25a2.50. mostly 2.50. Beets—Supplies light: demand mod- erate, market firm. Texas, bushel baskets, bunched. 2.50. Caulifiower —Supplies liberal; demand light, market slightly weaker: Califor- nia. pony crates. 1.90a2.00. Strawberries—Supplies moderate: de- mand light. market slightly weaker rkafld-. per quart, Missionarys, 47%: 60, FEDERAL LAND BANK BONDS (Quoted by Alex Brown & Sons Closing 1 My July Jan T Tan Jan July Jan Nov. 10333 | L AN T TREASURY CERTIFICATES. IReportnd by 1 & W Selicman & Co b —Clone — Rate~—Mat, " BN + Money to Loan Secured vy nr eyl Joseph | CH LOANS handle con- en and Instite We 3 Wright, Slade & Co. MEMBERS New York Stock Exchange New York Cotton Exchange Chicago Board of Trade Stocks and Bonda Bought and Sold for Cash or Carried on Margin THE MAYFLOWER HOTEL Connedticut Ave. at DeSales St Telephone Main 1581 ident Partner We Have Money Available For ammediate investiment, and will by glad 1o receive aps plications tor loans on resh dential Property ~~MERIS Tel, Main 4752 1415 K St husiness or investiment selected. 47a48; hen- | 1st Trust Loans Any Amaunt 1. C. and Montgomery County Large Construction Projects FRED T. NESBIT 1010 Vermont Ave. M. 9202 Loans on Real Estate 3,5 0or 10 Years WE BELIEVE OUR ECONOMICAL PLAN OF MAKING LOANS WILL APPEAL TO YOU Residences, Apartments and Business Prop- erties in the District, and nearby Montgomery AN P . BO Siiu:rhl-)d ;‘ELFS LOAN Correspondent dohn_Haneock Mutual 1417 K St The New York Life Insurance Cocmgzany Offers to Make First Mortgage Loans On Improved Real Estate in the | and Nearhy S Apartment Home trict ol Columbia rhe in Mont, Ca or 3.5 or 10 vear terms on yvour Apply Md., f Building s Property’ RAanNDALL H, HAGNER & TOMPANY MORTGAGE LoOAN CORRESFOUNDENT 1321 Connecticut Ave. Telephone Main 9700 STEEL & WOOD ‘High Quality — Low Cost SHAW-WALKE 605 SPECIAL DEPT. FOR LADIES SAFE DEPOSIT BOXES TRUST DEPT. OLDEST —131s« STREET, N. W. Practical Advantages —as well as prestige attend standing at Natl. Bank in Dirtrict a of Columbi COMPOUND INTEREST PAID ON SAVINGS —114 Years Old Nationai Metropolitan Bank tal Surptus and Undivided Profits Over $2 000 & 15th St., Opposite U. S. Treasury ‘How fo Make Safety Pay Profits to You “Making Sefety Pay Profie” to you o e o e e e NUA L coupo*-_-...--.._.-‘ THE F. H.SMITH Co. Smith Building Branch ofes i~ Gentlemen Investment Bankers — Founded 1873 Washington, D. C. (B13- 150D Street, N W, Main 6400 New Yord — and (Nhee (atien Kindly send me copy of vour new ithstrated boakiet which describes 043 % Fiest Mortgage mvestments NAME - -