Evening Star Newspaper, January 24, 1928, Page 13

FINANCIAT, NEW BOND ISSUES ARE HEAVY TODAY Most Offerings Foreign. Armour Obligations Rise. Some Rails Gain. BY CHARLE Epocial Dispatch to The Star. NEW YORK, January 24 —Invest- ment houses Were active today in dis- tributing the new issues offered for ption in the amount of 000.000. of which vepresented foreign loans. This is the largest addition to the 1 list in some time. The recent new bonds was favorable, com- ing after & period of strength in South American and Ita issues. There was some competition between the new loans and the w, which affected prices for the I Chilean 6s Decline. shown in the decline in the compared with 93'> igure at_which the new This undoubtedly repre- fting of inevstments on 'EARE. Jast week, the 6s were sold. d an 8 per o sbout $25.000,000, to be redeemed out the proceeds of the new loan for 00, both sold above the call f 110, and Y PR ENS at 110 one at ucture of the new er Corporation, whose ures m the amount of e offered at par, is sim- dozen holding in the Al an public util- h have also issued long- b This is in . with | Armour Bonds Rise. Several movements of importance oc- i curred in the domestic bond list. Ar- : were bid up about & point ection with rise this week in nour stocks. The first mortgage aiter breaking from 93 last year to again back to about the former ure. There was a revival of specula- “ tion in Andes Copper 7s above 124 and . & little better tone to the sugar issues. The Jargest turnover in the railroad ! Gepartment was in Frisco adjustment ! and income 6s_above 101. with Inter- * national Great Northern 5s approaching he call figure. Seaboard adjustments vanced a point. Erie refunding 55; Chesapeake Corporation 5s were | . h stron| bfll‘mlcd gu'.(-s Liberty third 4'; de- ' ed to about the lowest since the call | was issued. Around 30 per cent of the - outstanding bonds were exchanged un- der the recent offer from the Treasury Department. High-grade ralls were + fractionally better in response to the low % renewal rate for money. Wall Street Briefs PARAMOYNT-FAMOCSC-OLASII’(‘K; -amount-Famous-Lasky Corpo: -t o 3 ofit for 1927 at $8.- | 4 050.000. its undistributed ! shares of 8 subsidiary of which it owns 63 per . This is equal after preferred divi- 'nds to $12.83 a share on the com- In 1926, net profit was | 850, or !1518’.;11; sha‘;c.‘::m: smaller pymber of shares outst 3 Fuu.'c!.-q,::\m profit is estimated at $2.400,000. against $1960,000 in the fourth quarter of 1926. TRUMBULL-REPUBLIC _ STEEL— Youngstown dispatches to Wall Street say more than enough stock of Trum- bull Steel has been deposited by share- hoiders 1o permit the merger with Rc-' public Iron & St NDARD PUBLISHING CO.—In STQ",: w0 net Joss of $44,063 for 1926, ndard Publishing Co., publisher of azines and newspaper feature serv- came through 1927 with an oper- | 2 profit of $110,555 and net profit 50.560. This represents an increase profit from operations of $126.905 G a net improvement for the period The directors reported the ndition of business was such provide steady progress with in- creased profit from now on.” | INITED STATES DAIRY PROD-| UCTS —Bnareholaers holding large nited States Dairy Prod- Corporation first and second pre- nave agreed to exchange “A" common for class basis of two shares of | ch share of preferred, John A. | announced. This | be plan o simplfy | S Among holders Ted sLOCKs consent. 4 et with the ysvem LIFE —Assets fe Insurance | per cent and the sale | repored at o exceeded surance The CORPORATION. — Art- ned 8381 a b ares, atber a STOCKS. GERMAN BOKDS AND $66,000.000 | it | & | Donner Steel Tx | Goodyear vy re | Indiana THE FEVENING STAR, WASHINGTON, T, €, TUBSDAY, ANUARY 24, 1928, I NEW YORK BONDSEK: Quotations to 2:5 UNITED STATES. (Sales are in $1.000.) Sales. Hich. Lew 256, Lib3%s... 49 10121 10118 10121 | Lib3d4ys 54 10017 10015 100 16 | Lib4athaiis 106 108 25 105 26 | US 3% 43te 10219 10221 | k 15 6 11016 110 16 6 11516 11516 1 1 FOREIGN. on. Tih, Low Argentine 65 Ju 59, 24 997y 993, Argentine 65 Oct3d R 100 09% Argentine 6s A 36 10015 1004 Argentine 65 B.... 11 100% 100 Australia 58 1955., 18 9 A lia 55 1957.. 38 A 7 Bank of Chile 61s. Relgium 6s. .. Relzium 614 Belzium 7s 1 Relgium 7s 1 | Belgium 7%s...... | Belgium 8s | Bolivia 8s | Bordeanx | Brazil 64 Rrazil Ts.... Brazil 8s Bremen, State 7s. . Ruenos Aires 7s 57 sty Buenos Aires7s58 4 98% Canada 55 1931.... 10 102, 102! Canada Canada Chile 781943 Chile 8s 1941 2 111% 111 Chile 83 1946 . 110t 1109 Con Pow Japan7s. 6 9 Copen! Cop: Cuba 51és. Czecho 714 r Czecho 8s'1 Czecho 8s 5. Danish Munic s B Denmark s DEI54%s Dutch Eas Dutch East 1 6s 62, 1 1 1101 1151 ( 5 a9, 9974 100's 100% . 35 1071 ‘ + 31 105% 105 105t 4 114% 114% 114' 6 109% 109% 109% 3 1047 104% 1047 11 101% 101 101% 4% 95 M 95 44 98 9Ty 17 108 108 i 1024 101 my 1104 f 3 10214 102 4 1017 101 T 110% 110% 1 110% 1104% 7 1057% 105% 5104 104 16s47. 14 1054 105 5105 105 ramerican 713s... French 7s ench 7T13s. French 8s German EI P 6%s. German 7s... Ger Am Bank 7s. 116'4 116 110% 110% s 1071 100% 104% 104% 5 98 98 + 8 100': 100 17 102\ 102 « 52 994 99 109 97 967 5 93 2274 99 10214 1024 20 101~ 101 Marseille ..o 11 101% 101 Mexico 4s 04 asntd. 11 27 2714 Mexico 410 asnid. 10 261 261 Milan 6%5s. X 923% Y 8 102 1028 2 108% 1084 7 102% 101 3 102 101% 9 1034 103 11 105 Jons 3% 10314 Orient Devdebés.. 19 98 97is Paris-Ly-Med 6s.. 90 951 98 Paris-Ly-)Med 7s 103's 1034 Paris-Orleans 7s.. 6 1023 102'; Peru 6s'67 wd.... 50 91t 914 44 1034 103 8 107% 107% 15 106% 106% Pern 8s.. 8110 110 Poland 6s40...... 5 83% 83 Poland Ts (rets).,. 22 913 91 Poland 8s.... 69 100 99% Porto Alegre 8s.... 1 106% 106t Rhinelbe Un 7s.... 10 111% 111% RiodeJan8s1946. 1 1087 1087 Riode Jan 8s47... 40 109% 109% RioGr Do Sul8s.. 4 107 10 Rome 61s.... 92 93 923 Sao Paulo 851936, 1 106% 106' Sao Paulo 1950. 2 108 10714 Saxon (PW) 7s.... 14 101 100% Seine 75 42........ 18 106% 105% Serbs Crot Slo 8 18 100% 100 Soissons 6s. 8 99% 994 Sweden 53 6 105 105 Sweden 65 11 103% 1034 Swiss Con: 1 112% 112% Toho El Pow 7s. 31 9% 99 Tokio 5s. 4 7T TN Tokio 53;81961.., 15 894 &9 Utd Kingm 5% 37 10 106' 105% Utd SteamCopen 6s 3 96z 964y Uruguay 8s 2110 110 Yokohama 6 6 95% 95% MISCELLANEOUS. Am AgriChem 7%s 6 1055 105% AmSmit& R 1sts 6 1021 102% AmSmit & R6s... 1 108z 108%; A 2 99% 16 105 28 106z 10 109 4101 106t 11214 8 12473 48 3 92 90% 4108 2 1034 47 102% 1003, 104% Hungary 7%s, Italy 7s.. Italy Pub 7s. Japanese 4s. Japanese 6 Lyon 6s 4. Netherlands 65 72. 3 Norway 53;s. 1 Norway 6s 1943 112y 99 105% 1024y 1084 99% 105% 106% 109% 101 106% 112% 124% 93 90ts 103 103 102% 107 109% 102 103 105 06% 270% 964 106% 1094 100% 106 1115 Andes Copper 7s... 1238 Armour&Co 4%839 Armour Del 538, , Assoclated O1l 6s. Atlantic Refin 5 Barnsdall 6s 1940, , Bell Tel Pa 58 B. Bell Tel Pa is Eethlehems: Beth Steel 5348 53, Beth Stee] § Con Coal Md 15t & Con Gas N Y G, Cuba Cane 8. . Cuban Am Bug 8s. Denver Gas 4. Dery (DG) "7 Detroit Edison 65 Dodge 6s. 16 961y 3 1087 11010 5 53w 4 10K%, 2K K9y 3 94% 6119 109 95% b2 101 10 103 3 105% 4 101% 7 105% 7 106 Fixk Rubber §x Humble 01l %, Humble O & 1L 5% filinots Bell st 4y, Lilinots Bteel 4% n, eel Gn. ., Int Mer Marine 6. Int Vaper &s 4 Inter Paper £ 6 Int Tel&Teleg 4% J Kayser & CobYs 3 ity ¥ & L 101 103 105% 101% 106% 106% 101 106t 104% 96l 108% 104 105% 106 109 105% 104% 96 16 1061, 195% 101 100'% Hi% B 1047 1047 106 10hY 105 10k 4n 191% 16 TRty 10w 1 b |1 Myers ih | Loriltard s, . | Loriliard (¢) 75, anati Bug =f 1% 8 a4 Con 6% s 40, 8106 11055 .27 1015 1 1007s 14, 6%, 1104%, ewkingland Tel bn 1 1oh'a NY Kdison Ge 4., 4 L0, NYGELI&PAs 6 9 10z 4 dum, 105 101% N Y Tl 6540 |N Y Teibnan. | Borth A btin i | oy | N : ! ales luwer 6 i Gan & 121 P& It v T e Ou b2, .. i Aver ele b, b 10 9 1085 2 104 2 g 4 ity 41040, : duy 16 1040 L8 10% 104, b 0 00y, s Alexre Tn 2 101 CunEtouAT B8 82 2 Yy, 10T i 10 1 104 Jod 101 joy 104 go4 1047 105 ILYRTIPEN [yt 4 4 Shimeon 8oL 1 N Wi 107 W 108 106t 06, L 1045, 10l PR 407 107 100 0, B0 e, Yo we Foant Ovient Ts Vel w s 41 wan Vi Lkt Te 1 g by Ui dtub dat ol ba. . 4y - Raceived by Private Wire Direct to The Star 2:55 p.m.—Final Quotations in 5:30 Edition. XS|CRIPac4kswi. 30 11n74 | Pennsyl gen G, 106 feab A L ref 48, Sales. High. Low. 8 1056 14 109% 3 1010 1 1064 5 1044 1 112% 6 1047¢ 109 101% 106% 1044 1124 104% 101% 106% 101 Utah Pow & Lt Warner Sug 7s 41 West Elec bs. \Westn Unlon 6% Westinghouse 5s \Wilson & Co 1st 6s. 4 1017% WinRepeat Ar 7368 5 1063 Yngstn S&T s w.d. 54 101 RAILROAD. Atchison nd) 4s 18 9315 Atchison gen 4s... 17 AtlanticC L 1st4s 5 AtlanticC Lel4s.. 1 AtlanC L 4%s64.. 1 AtI& Danist4s48 5 B &0 Gold 4s..... 18 34 31y 101% 841y 97ty 100% 10414 104% 108% 111 106k 106% B9 Brdwy & 7th Av. BkiynElevated 6 Bkiyn Manhat 6s. Buff R & Pitt 4% s, Can Nat 43,8 57 Can Nor 4148 19 Canad North 6135, Canad North Ts. .. Canad Pac deb 4s. Can Pac 4% 48. .. Car Clinch&0 6s 62 Central of Ga 514s. Central Pacific 4s. . 19 Cent Pac 1st 55 90, 17 Chesa Corp 6s wi. . 193 Ches & O cv 415s. Ches& O gn 4yys Chi & Alton 3s. Chi B&Q ken 45 53, CB&Q414s77B., Ch&E 111 gn 58 51.. Chi Gt West 4s 59. C M & Puget S 4s. . C M&StP 45 25 ofs. CM&SLP deb 48 cfs CM&StPgn8d., 37 CM&StPevely CM&SPcvd4 13 s32¢fs250 CM&StPgnatys 4 CM&SPrf 4138 cf. CM&SP cv 58 cfs. 14 C M &St P 6: 3 Chi & NW ges 101% 102 121t 116 91% 100% 108% 108 95 104% 99% 100°% 103 9515 104% 100 100% 103 Chi Rys bs. oee ChiRI&Pgnds., ChiRI&Prf4s.. 28 ChiT Hinc 6s60.. 11 aw Chi & W Ind cn 45, C&WIS}%s62 CCC & St L 55 CCC&StLre Clev Term 5s. CubaRR 74s.... Del & Hud 1st rf 4s Soaw wn=amt - Det United 4%s, Erfe 1st cons 4. 3 0 PP Erie conv ext Erie & Jersey 6s. FlaECG5s74... * Gt Nor 415876 Great Nor gen 7s. . Hav El Ry 5%s 51, Hud & Man ref Gs. Hud & Man aj 5s.. ® e 4] Int & G Norad 6 Int RysCA 58 72.. Int Ry CA 6%srct Kan City F't S 4s..., Kansas City S 3 Kansas City § §s. . Kan City Term 4s. Lake Shore 4s31. ., Lehigh Valcn 4s. . Lehigh Val §s 2003 L&N43%s 2003, .. Louis & Nash 55 B Louts & Nash 7s. Market St 7s 40. MIlEIRy & L 53 51 Mil El Ry & L 58 61 M St P& SSM cn 4s. MStP&SSM5s18214 2 MStP&SSM 518 MK & T aqj 5: . MK&Typrinbs A, MK&T6sC. Mo Pacific gen 4; Mo Pac 5s A 65. Mo Pac bs ¥ 17, Nassau El 48 51 N Y Cen gen 314 N ¥ Cent 4s 98 N Y Cent deb 4 NY (.:rl’ im 4 1044 99% 105 104% 99% 105 NYC& St Ldb4s., NYChI&SIL 614 sA NYChi&StL 5488, NYC&StLGsA. NY NH&H db 45 67 NY NH&H cv db 65 NY H Hav&H cit 6 2 32 1 Nor Pac i 2047 1% Northern Pac 43, 9 Nor Pac 4348 2047, 3 Northern Vacr § 63 Ore Short Lcn s, Ore Wash 18t Pennsyl gen 4%, 0 110% 9% 10414 1 1 Ponnsyl 5 64, Penneyl 6%m. ., Pennsyl gold 8., I'ere Marq 1nt b PCC&BULIn Port R L& P 6n rort L Ieading gen 110 G W Int 4, 1o G West el HIATK & Li4%s.. Bt L IM&S &G 48 StL&BKFpl4sA, BLL&B K prin bs., BLL&BKOY%sD, . StL &S Kad)6s.. 117 BLL&BWinces., 6 BtL&S ¥ prin HUP & KCBhL 4 %8 101 am 100% w7 14 Kl Heub A L nd) 6 Heab A L con 6s 190% | 515 AL 1 65 35 A, B15 AN Bl 65 86 18, Bou 1ac 48 29, Hou la Hou lacifc ref 4s. Hou lao4%w A 77, Hou Ity gen 4n. . ou Rty Con b 94, ou Ity 68 66, Bouthern Ity 6%s, erm Asso B 148, TexArk WH 6%8 00 Texan & Pacilic 1st Tox & Fac Third Ave Third Avecsd) by. . Tol Ur L&E 6 Yn 80 Jon Fao Ist 4s, . Union frac 1st o 4s Un 1ao 4 %n 67, Union Pac ev b8, 10l 9ty % 1001 100 100% s | Western Pacing bu. Gt T West Bhore 4 2561 e 1000 Funty 107 1074 ity s Tk, 1014 1011 FOA 0, 206 10, o, pozn, T, 1001, [ZZNTIN Virginia ity 1st Vi Ity & 1 s, Wabush bw 76 I Tk, Went Md L iyn 7 0 BUTTER 18 LOWER, CHICAGO, Juruary 24 (4).— B iits, 10,403 Lubs 1 Lo slundurds, 4dly; Nrots, 44udd’ ) firsts, dlud2iy, S8ud0, Euph Laower . receipts Cream BeCONd, 10,082 canes : ] EXCHANGE ,B Ofiic | LR 1047 109 101% 1064 104 1124% 104% 101% 106% 101 i | 1024 9dh 100 923 1104 104% 1083 104% 997 105 116 10y Y3ty 104% 128 1001 1003, 10k, 10114 10 Tonty s Tty W, ey extia "|and Staymans, 3.00a3.25. UTTER AND EGGS LOWER IN MARKET Liberal Supplies of Vege- tables Reported—Poultry Also Is Cheaper. Cheaper butter and eggs were offered retailers today. Still Jower prices in the near future are expected. Liberal supplies of various vegetables and increasing supplies of others was reported this morning, prices being a trifle lower than last weck. Dealers reported only a light demand for a moderate supply r° strawberries from Florida, making the market weak and lowering prices. Prices dropped to 471, and 60 cents, Poultry dealers also reported fairly large receipts from nearby and distant points, and lower prices were quoted. Today's Wholesale Prices. Butter—One-pound prints, 50a51; tub, 472481 store packed, 32. Eggs—Fresh, selected, 45a46: hennery, 46a47; current receipts, 42a43. Poultry—Turkeys, alive, 4 chickens, 29a30; fowls, 24a2! 16a17; ducks. 18a20; keats, young. 70a 75; old, 35. Dressed turkeys, 43a48: Spring chickens, 32a34; roosters, .13; capons, fancy, heavy, 40a42: small, 30a35; ducks. 25a30; keats, 30a90. Meats. fresh killed—Beef, 20a25: veal, 24a26; lamb, 26a27; fresh hams, 19a 20: loins, 19a20; fresh shoulders, 15a16; smoked hams, 22a23; smoked shoulders, 13al4; strip bacon, 22a23; lard, 12'¢a 13; calves, alive, 16; lambs, alive, 13, Fruit and Vegetable Review. ‘Today’s market report on fruits and vegetables, compiled by the Market News Service Burecau of Agricultural Economics, says: | Apples—Supplies moderate; demand moderate, market about steady. Bar-! Pennsylvania, U. S. No. 1, Yorks, Virginia, U. S. No. 2, Staymans inches up. good quality and condi- 6.0086.50. Bo: ‘Washington, | medium to large siz xtra fancy De- licious, mostly 4 ra fancy Romes Bushel bas- kets: Pennsylvania and Virginia, U. S No. 1, 2': inches up, Staymans, 2.25, few higher; Virginia, U. S. No. 1, Stay- mans, 2% inches up, 2.60. Cabbage—sSupplics moderate; demand moderate, market about steady. Old stock: New York, sacked, per hundred- weight, Danish type, 1.00a1.25. New stock, Texas, barrel crates, approxi- mately 100 pounds net, round type mostly 350: few low as 3.25; Florida 11:-bushel hampers, pointed type, most- ly 2.00; South Carolina, barrel crates. approximately 100 pounds net, pointed type. 2.75. Celery—Supplies moderate: moderate, market steady: crates, 5.00a5.50; Florida, crates, 3.00. Lettuce—Supplies moderate: demand moderate. market about steady; Arizo- na, crates, Iceberg type, 4-5 dozen 3.25a3.75, mostly 3.50; California, Im- perial Valley. crates, Iceberg type, 4-5| dozen, 3.75a4.00. { ‘Onions—Supplies light; demand light, | market dull; Michigan and Ohio, 100- pound sacks yellows, U. 8. No. 1, me- dium large size, mostly 2.75. Potatoes—Supplies moderate: demand light, market steady. Michigan, 150- pound sacks, Russet Rurals, U. S. No. 1, mostly 3.25. Maine, 120-pound sacks, ;lsr;en Mountains, U. 8. No. 1, 2.75a ext demand California, 10-inch | Spinach—Supplies moderate; demand moderate, market firm: Texas, bushel tzm‘.;kfls. Savoy type, 2.25; few higher, ‘Tomatoes—Supplies light; demand light, market dull; unknown origin, re- packed in New York City. 3s ripe wrapped, fancy count, 2.65a2.75; choice count, 1.75a2.00. String Beans Weaker. String beans—Supplies limited; de- mand light, market slightly weaker: Florida, “.-bushel hlmrrfi. green, wide range quality and condition and prices, best, 5.00a6.00: poorer, 3 00a4.50. Eggplant—Supplys ~ light: demand light, market dull; Florida, pepper crates, fancy, 4.00; very few higher; cholce, 3.00. Peppers—Supplies light; demand light, market slightly weaker; Florida, pepper crates, fancy, 4.00; few higher. Squash—Supplies very light; demand moderate, market slightly weaker: Florida, pepper crates, fancy white, wrapped, medium size, 6.00. Cucumbers—No supplies on market. Carrots—Sypplies moderate; demand moderate, market slightly weaker: ‘Texas, bushel baskets, bunched, 2.00a 2.25; Western lettuce, crates, bunched, 3.00a3.25. Beets—Supplies light; erate, market steady. exas, _bushel baskets, bunched, 250a2.75; Florida, pepper crates, loose, 2.00. Lima beans—Supplies light; demand light, market steady: Florida, 7,-bushel hampers, 5.50. Caulifiower—Supplies liberal: demand light, market dull; California, pony crates, 1.90a2.00; fair quality, 1.75. 5t berries—Supplies limited; de- mand light, market dull; Florida, pony refrigerators, Missionarys, 40-60, most- ly around 50 cents per quart. demand mod- T NATIONAL ACME § éo?awmv. NEW YORK, January 24 (®).—Op- erations of National Acme Co. have in- creased recently, with some depart- ments working on night shifts. Fred Chapin, president, says renewed activ- | ity of Ford Motor Co. has stimulated the automotive industry and a good part of Acme’s Increase may be traced | o the pick-up In the automobile di- viston. The company’s forelgn bus ness 13 improving. INSPIRATION COPPER. NEW YORK, January 24 (4) —Pro- duction of ation Consolidated Copper Co. totaled ubout 89,- 500.000 pounds, against 81695000 in 1026, Costs last year were substan- Ually lower than in 1926, the company reports, AN_ACTIVE. STOCK o e AMERICAN INTL CORP. \]li'i"' TMIARE ANALYSIN, What 1a e o Invidond va o T e I ) 1010 10 1 el wpain Dividenda wein patd g W dimcantined b ey s In i COTTONISLOWER | INTODAY'S TRADING Some Selling Inspired by Easy Showing of Liver- pool Market. By the Associated Press. NEW YORK, January 24.—The cot- ton market opened steady today at an advance of 2 points to a decline of 3 points. A few overnight trade buying orders were brought in by the slight rally late yesterday, but offerings in- creased after the call when there was a renewal of liquidation with local and Southern selling inspired by relatively easy showing of Liverpool. Prices eased off to 1 for March and 18.36 for May, net declincs of 7 to 9 points on active months. but cover: ing steadied prices at the lower levels. Tiverpool cables reported hedging and continental liquidation in the market there, with a generally bearish average of sentiment. Some trade buying developed as prices approached 1830 for May con- tracts, and there were rallies of 8 or 10 points from the lowest on covering. Offerings, however, creased on the bulges and the market was barely steady within a point or two of the low- ost at midday. or around 1833 for May. Continued talk of prospects for a substantial increase in acrcage and reports of a trend toward increased curtailment of yarn and cloth output in France, continental countries and Japan were probably factors on the de- cline. Baltimore Markets BALTIMORE, —Live Poultry—Turk old, 30a32; poor and 25; Spring_chickens, 2 726; poor and thin, 2 21a25; Leghorns, 20a2 old roosters, 14a16: ducks. and thin, 20a22; geese, 18a26: guinea fowls, each, 40a85: pigeons, pair, 30a35. Dressed poultry—Turkeys, pound, 40a anuary 24 (Special). ; old. 24a25; s, 25a30; geese, 20 5, young chickens roosters, 16a17; du a28: capons, 31a40. Eggs—Receipts, 1.462 cases; and nearby current receipts, cases, do: 41a43; strictly dozen, 45246 Butter—Good pound, 45a50; prints, a51; ladles, 37a38 packed, 32a33; da ess, 42a43. Hay and Grain Prices. Wheat—No. 2 red Winter, export, 143'.: No. 3 red Winter, export. no quotation; No. 2 red Winter, garlicky, domestic, 1.44',: No. 3 red Winter, gar- licky, domestie, no quotation. Corn—No. 2 yellow, domestic, 1.03; No. 2 ct, export, 98';; cob corn, new. 4.25a4.35 per barrel . 2 white, domestic, 642 . 63°:a64. Rye—Nearby. 1.00a1.10. Hay—Receipts, 47 tons. arriving in only limited quantity. therefore, not being officially and se! in_ free fresh, to fancy 52: blocks, 49 65 New hay is It is grade clover grades. Straw—No. ton; No. 2 oat, 13.00a14.00. Country Produce. White potatoes, 100 pounds, 1.00a 2.00: barrels, 1.50a3.25° sweet potatoes, barrel, 150a3.00; vams, barrel, 200a 75, beans, bushel, 5.00a7.00: beets, 0, brussels sprouts, quart, bage, h: er, T5a2. . crate, 1.50a2.00; kale, bushel, 30 lettuce, hamper, 200a 3.00; onions, 100 pounds, 1.50a2.75: s, _crate, 250a425. parsnips, a30; savoy cabbage, bushel, spinach, bushel, 240; to- . crate, 2.00a3.75 T, cr 3.00a4.00: Apples, bushel, 1,00a250; barrel, 2. a7.00; cranberries, box, 6.50a7.50; gra fruit, box, 3.75a4.75; oranges, box. 3.75a 5.00: tangerines, box, 2.75a4.25; straw- berries, quart, 50a65. . +800” INCOME GAINS. NEW YORK, January 24 (P).—Net income of the Minneapolis. St. Paul & it Ste. Marfe system for 1927, in- cluding the Wisconsin Central, was § 541,904, against net income of $15860 in 1926. The Wisconsin Central had net Joss of $478.297 for the year, against net loss of $105494 in 19 Net in- come of the “Soo” system, exclusive of the Wisconsin Central, was 82 )1, against $121,354 the year before CHURCH LOANS We are In a position to handle eon- ction loans for Churchics and fastitu. —Thone Main 561 - Wright, Slade & Co. MEMBERS New York Stock Exchange New York Cotton Exchange Chicago Board of Trade Stocks and Bonds Bought and Sold for Cash or Carried on Margin THE MAYFLOWER HOTEL Connecticut Ave. at DeSales St. Telephone Main 1581 lent Partner For more than 80 years . . . Tailors to particular men of this and other nations. 20 17™ STREET NW SROCK Are You Seekinga | Loan On Your Home | —place of business or rartment hous Washington or vicinity? We invite your applica | tion, insuring prompt | consideration, Towest | Interestand Commission. | 1 Our officers invite con- | ference and correspond ence. THE COMMERCIAL NATIONAL COMPANY LON) | Paid-Up Cash Capitar, $750,000 00 | Commercial National Bank By ! Nunly 42,083, ordiiary fists, SUadl, ) Wuiapbouk thie 1oi Butuie deluive, Hih and G St | T ——————— 28: poor | old, 30a32; poor and crooked breasts, | native | creamery, | range of 16.00a17.00 a ton, timothy and | 1 wheat, 110021200 per turnips, basket, « s | GOLD FROM CANADA. NEW YORK, January 24 (#).—A shipment of $1,000,000 in gold was re- celved from Canada today by the Bank of Montreal, bringing the total to $33,- 500,000 since the movement of the metal back to New York began last De- cember, induced by the discount on Canadian exchange. WILL INCREASE STOCK. NEW YORK, January 24 (#).—Ameri- can Power & Light Co. has notified the Stock Exchange of a proposed increase in authorized preferred stock from 500,- 007 to 2,000,000 shares and in common stock from 2,300,000 to 4,000,000 shares. J FINANCIAT. = 13 TOOL TRADE BETTER. NEW YORK, January 24 (#).—~While automoblle manufacturers still lead in the buying of machine tools, additional impetus has been given to the market In that iInquirles from rallroads and large industrials have increased in vol- ume, American Machinist reports, Most of the business placed during the week was closed in the Middle West. GAS WELL BROUGHT IN. NEW YORK, January 24 (#).—Okla- homa Crude Oil Co. has completed a 17,000,000-eubic-foot natural gas well on it property at Tulsa. NEW YORK MARKETS. NEW YORK, January 24 (#).—Rye barely steady; No. 2 Western, 12374 fob. New York and 121%: cif. export. Barley steady; No. 2, 1.08 c.it. New York. Lard weak: Middle West, 12.3021240. ‘Tallow _steady; _special loose, 8%. Oother articles unchanged. PRICES ON PARIS BO' PARIS, January 24 (P).—Prices were firmer on the Bourse today. Three per cent rentes, 67 francs 30 centimes; ex- change on London, 124 francs 2V, centimes; 5 per cent loan, 83 francs centimes. The dollar was quoted at 25 francs 44 centimes, UST before the dawn of this Centwry an isswe of bonds of the Republic of Mexico was under- written and subscribed in the United States. Within four years later American investors had financed the English victory over the Boers and the Japgnese victory over Russia. Thus, for the first time in financial history, American money ‘entered into active competition with the money of London, Paris and Rotterdam. As everyone knows, America now does the banking for virtually the entire world. The volume of American money represented in civil and private foreign issues—not counting those of Canada—is scarcely less than is represented in domestic public utilities. The House of Hambleton, because of its elaborate and far reaching mechanism for the dis- tribution of foreign bonds, has earned a favored place upon the syndicate lists of the most notable houses engaged in foreign finance. HAMBLETON ¢&° CO. SOUTHER IIs’ strictly on its merits, within | Established 1865 BUILDING—WASHINGTON, D. G BALTIMORE - NEW YORK - PHILADELPHIA . CHICAGO e/ 207, =50 only 4.4 GU T presidents. a2y ca $£3,700,000. P ference between +H42¢ and 652 and near Washington. merchants, lawyers W6 WU O TN 36V (72 [ Guaranty Bonds Offer You An Extra Yield of 1%% —and Guaranteed Safety OTWITHSTANDING their unusual strength and safety, and the unequivocal promise of the Real Estate Mortgage and Guaranty Corporation to make good every dollar of principal and interest, GUARANTY BONDS offer the investor a yield of 6%. They are available in maturities of one to ten years. Compare this with the prices now offered in the general bond market, where, according to a computa- tion by Standard Statistics, based on 60 representa- tive bonds, the average yield of high-grade bonds is crifice such a considerable portion of your yearly income as the - Is it worth your while to & ARANTY BONDS are secured by first mort- gages on completed, income-producing properties in These mortgages have been accepted as security only after a threefold inquiry by the officers and directors of the Real Estate Mortgage and Guaranty Corporation. also directors of Washington banks. The others are widely known capitalis and engineers. The Real Estate Mortgage and Guaranty Corpora- tion has capital, surplus and reserves of more than Write to us, or stop at our office, for fur particulars about Guaranty Bonds ReEAL ESTATE MORTGAGE & GUARANTY CORPORATION 26 JACKSON PLACE Rt S Ten of the directors are Two are bank PRREDIDRE 0 DRE 00 BN 12 AW 03 B Ve SN 00 W G WU Da w«.-.ww.)