Evening Star Newspaper, January 25, 1928, Page 10

FINXNCTTAT SDAY, JANUARY 925, 1928, FINANCIATL.” DIVIDEND IS OMITTED | the first half of 1928 Is planned. Charles s e EONOMSTSES || NEW YO GE | FLOODOF SELING |- - BT EW YORK, January 25 (#).—Di-| at Low Interest Rates | \ NE Y RK STOCK EXCHAN E rectors of Jordan Motor Cm" Co. today | %’mfl};‘r’:d eunll-::in:;mt S | Received by Private Wire Direct to The Star Office. omitted the quarterly dividend of 17 | — Fconamic Conditions | i per cent on the preferred stock due at Tyler & Rutherford Gflnn lms ].RAD[ : Oven High Low Close. Open. High Low. ) b Low. Close, UN SIU[}K MARKET this time. All merger negotiations in- | CHURCH LOANS I ABItiDI Powr(5). 1601 160% 168% 159 | Fisenlohr & Bro. 16% 16 | NYC&SIL(®)... 181 13 3 volving the company have been aban- |{ strmet o tane, o Churencs oad tasiire: 0 " * ' Mais " s i e i ) v Abrahm&Straus. 102% 103 102% 102% | Elec Auto L(6).. 108% 109% e g, Adams Kxp (6). 285 204 285 294 | Electric Boat... 14% % 14% | NY & Harlem (5) doned, and an aggressive program for 1520 K Street Main 475 Adams Ex pE(B). 9% 5% 9514 | Eleo Powr & Lt. 3214 33% 32 33% | NY N H & Hart. % 6214 61 2, : 7 I Y ; 'Edmund BFOWI'I, ]r" Does NO( v Rumley... 12% 14 Elec P&Lt pt (7) 107% 107% NY NH&H pt(7) 4 Abrupt Breach FO"OWS BOOSt . - M;l;ly ‘ '* ::v R\l':" lt] Dflf., Sl:‘: l'.‘!:l/. 9 Il'Illm g{efrlarlerlfilr 12 .;YYOI;HJ; Weslin oan umada Lead. 3 31 27 | IZlec Stor Bat( % allways pt 3 g % = The N % Securaq by first ded of trust on real estate Alr Reductn(17) 194% 198% 189 Em-Brantgm(A) P NY Stm of A (7) P of Redi e New York Lif Pravatiing snjirest e o ]ieston Ex”ect Year to Match Ajax Rubber. 13 14 13w 15nd-John (6). ~. Norfolk & W (8) 2 61 6 discount Rate at Offers e“{'ll“l;;aknce Compally e Albany Papr (2) 2oy 2R 20 | Bquic Bldg (7). 8% 90 Noram Ed pt(7) . Albny Pap pf(7) & 101': 99 101'% | Krle . North Pac (5) 95 5 1st Trust Loans Allied Chem (8) 156i 154% 154% [ Erie 15t p ; 51, | Nor Pac cfs(5 e o7 = Fll'St MOl't age Loans Any Amount BY EDWARD C. STONE. Allis Chalm (6). 1167 115% Erle Stm 8 (215) 3 K 36% | Norwalk T 3 3 BY GEORGE T. HUGHES. e , Amal Leather pf 0 70 70 |Eureka V (ti).. 74% % | of i D. C. and Montgomery County Business during 1928 should be a little | Amerada (2) N 3% 4 5 il Well Sup. 5 | Special Dispatch to The Star On Improved Real Eetate i istri b i 'S S 21 A ... g 9 . . oy o istate in the Distriet of € Large Construction Projects beter than in 1927, but ot up o the | Am Axricu] Chim 1 o |[ReaTisthL a0y, 41 g0 b1y L IeIIAnG: .. 108k 108K 1003 (NEW VORK, January 25— Specula- and Nearby Suburhs in Montgomery "r»u';.iu';m'm abnormal year of mund Brown, | Am Agri Ch p.. Fed Min pf (1) 94 8 Orpheum Cir (2) s e Lt Rl R Md., for 3.5 or 10 year terms on your r. editor of the Brookmire Analyst.Am Bank N(t3). 7 3 . - ‘ G FRED T NESBIT i p- b 2 P Fed MotT(f80c 2 (;lr’nm(olllnuifl) Reserve Bank at Chicago had advanced and former member of the Federal . el e wstlelud ool M. 9392 || Trade Commission. predicted at the [ Am BrSh(i1.60) EADRon Jnatny. 28 081 | OLls Mevate(17) 1514 16234 10014 180% | ts rediscount rate from 315 to 4 per munllhl\' forum of Washington Chapter, | Am Brown Bov. 151 15 % Fisk Rubber. . ] . 16 | Otis Steel © e e i 11vs | cent was an abrupt break in prices AP}""'""" Office Building ; . : e 2 0 Joseph 1. W ,-..“'n'w'#.‘ ,vgthrw 1926 Record. Alaska Junea 2% 2% 2% Engineers Pub 8 3 6 36% NorAm b10%stk 6 6 ’ ': Chicago. A I B, at the Lafayette Hotel last Z 76 | . 5 ouas Lig 11 So great was the flood of selling ! We H {evening.* He also forecast easy money [ Am Can pf (7 187101375 ASTR| Eise LS L (0). (B - Ouwens ot (ore)’ aors Bs B8 T | orders accumulated before the opening | Business Property € Have with no credit stringency. There will, | AmCar& Fdy (6). 107% 107 107 | por Film A (4). 86 i that it was some 10 minutes after trad- however, be shai breaks in the stock | Am Chain pf (7) 101 101 101 A Paclfic Gas (2)., 48 ing started before first sales were re- Money Available ||market ‘and “rapia recoveries, he as- | AmChicle (). 62t 6 g | Freeport (1% | ke OIL Stuba. + 1% corded In United States Steel and Gen- Apply y serted. Am Drug (80 1 314 13% 13% | GabrielSnb(3%) v o Pac Tel & Tel (7} 15 52% eral Motors, This action, coming on RANDALL H. HAGNER & €. ’ {7 Mr. Brown bases his predictions upon | Am Encau « 64 | Garaner Motor, . 13v , | Packard Mot(3). 5wy 58% 584 | the heels of the selling of more than » Icrporses DAPANY For immediate investment, {seven “fl;‘?‘ ‘,‘,“‘,‘2 011“ mmxflwfi = 1 0 18 a8 tE::: ::’:‘nT;;‘:“)' G 7, 5204 " :'::\B::‘.:"x'-ffiéfrfi :12{.‘.:102:030 ilnRGovml;;nw‘l(tdscicurll(i;‘:s MORTGAGE Loan CORRESPONDENT i ive ap- || prices, credit outlook with particul F 4 4 ien As i 4 | Pan- e 2 4 2| by the Federal Rescrve Bank during the . and willibeictall tosweceive p- 111 ! e o Pan-Am Pet (B). 42% 42% 42% 42| past two weeks, indicated a decrease 1321 Connecticut Ave. Telephone Main 9700 g o jreference to the supply of gold. stocks | Am& o Po pf(7) i plications for loans on resi- |/ of goods shown by inventories, building | Am Hide & Lea. ' | Gen Bakg pf (8). F A :::n':;::n\: st B. 19 in the supply of funds that have been 3 1 dential, business or investment |/and other construction, motor industry | Am Hide & L pf. 62 2 62 |(GenCableA(4).. 9 < 3 o 15t 16 Y 16% | gvailable for stock market purposes. R output, foreign and the railroad car|Am Ho P (240).. 66 65 65 | Gen Clgars (4) EArCEAm(B). 113 : While this does not necessarily mean property. supply. The present director of com- | Am Ice (1215) 3 1 31% Gen Elec (15)... 13 B & ‘,a“;‘m}'!' Dt (8) I 21% | an fmmediate upward revision in rates { modity prices is favorable: there is|Am Ice pf (6) 92 92 |GenElecsp(60c) " ‘,‘"kfi’f'”‘m‘n 6 o 85 of the remaining 11 regional banks, the EEVER: 'GO! nothing alarming at present in the | Am Internati( 3% 81 81% | Gen GasA(ol%) 3 Feilsan)(ave) 12 | outcome of the Boston reserve direc- Eaney ervice. large shipments of gold to other coun- [ Am LaFr&Foam 4 6 614 | Gen Gas pt B(7) 6 6 Lo a4 Y { | tors' meeting today and the New York REAT" :S] tries, n}uch of this being used lg sm; 2m {::nsleg..f.. 9 59% :}t;: kllgl‘n;; («1»,) " b 3 Batinc i\-'-'iui ] bank directors’ meeting tomorrow was bilize forel currencies; stocks of | Am Linseed pf.. 87 2 X 7 skl h % | awaited with a good deal of anxiety. Tel. Main 4752 1415K St. goods are l‘gnsuch a state that normal | Am Locomot(8). 10 110 Gen Outdr Ad(2) 9 :.“‘;‘i’! dagtor 4 9 z output, probably increasing, will be re- | Am Loco pf(7). 126% 126'5 12615 | Gen Ry Sig (5).. 119% 1: 914 Lenlcxd Hora & 26% 27 Steel and Motor Off. o - quired; the motor industry is conser- | Am Mch&Fdy (2) 178 171 Gen Refrac (3). 75 [ 5 l‘em:’u&é’!}: 5 G U. S. Steel opened between 146'% and | . M L. vatively predicting an output of 4.-|Am Metals (3).. 437 43% Gillette Raz (5). 2% et olie, 4 2 | 147 as against yesterday's final of 1487.." First Mortgage Loans| ;56 car. the foreign trade situation | Am Metals pfF) 117 3 ais | Gimbel bron. .. o b v B i bk Geneal Mors 2 % Shows no unfavorable signs in the near | Am Piano pf(7). e 83 Gimb) . 96 5 65% 6 carrled the price to where it was | , Lowest Rates of Interest and Commision | future. and no car shortage is expected | Am P& LUT1). o (s mpn QlidteniCo. . 81 2 B gy off more than 3 points, ‘But it was the J oans on Real Estate b until late in the year. Am Radlator (5) 6 13 % 8 8 ohila & R C : industrials of the pool variety which |5 c - Thomas J. Fisher & Company, lnc. | Uiy 0 Tvist declared that the cycle | Am Ry Exp(6).. 1: ; Gold Dust (3)..... § B (EMEE L. 2 s 7' | had been the leaders early in the week 3,5 0r 10 Years method of business forecasting has | Am Republic. .. Goodrich Ru (4) ¢ a Tl Rl “a 16| that had to withstand the bulk of | % ] | been largely supplanted. In the past |Am Safe Raz(4). Goodrich pf (7). 111 Phoenix pt (7). Y liquidation. Such issues as Westing- | WE BELIEVE OUR ECONOMICAL . few vears there have been no such |Am Seating (3). 97 GoodrichRub rts k i/ 2% plerce Oil e _ house Electric, Adams Express, Ameri- PLAN OF MAKING LOANS WILL major swings as formerly. This is|AmShip&Com. 4 Goodyear Tire. . % | B rae Batiaien : ! can Express, Montgomery Ward, Radio APPEAL TO YOU lces partly because the stock market has|Am Smelting(8) 178y 17¢ : : Pilisbury (1.60), 36 Corporation, Fleischmann and Gold | come to move more by groups than as |AmS& Rpf(7). 1 4 Gothm How 5 3 2 gy g 2" | Dust Corporation broke from 1 to a< Residences, Apartments and Business Prop- i | Am Snuff (12).. 17 Gothm new 3. . 10 points. v SR St Saul Building ":nfl‘gl:a‘vflrh(‘i]:ergufi:m:n m:gi‘\,rlg‘r‘;: | Am St Fdys (3) 66 67 651 66%| Gotham H pf (7) " 4 L 4 4 «rrrf‘;x:rrilnx represented @fixn?"f? g'flgmt 2 E"'"”";" the District, and nearby Montgomery Am St Fy pf(D) 14 Gotham pf exwar 10t D 109 | LIS MEW/DEUE). 154 64t 16413 | Ched holders and how much was.for 0, | houses and office buildings, forcing a | 1 z 4 o " Am Sugar (6)... 15 Gould Coupler A short account was a question, but there 925 15th St. N.W. letdown, road construction and the d 4 GrahamcPoic Pitts Ter pf (6). 7 | erecti 9 ¢ utility plants are ex- | Am Sumatra.... Graham-Paige. . PLts&W Va(h b Lo was no doubt that the reserve bank — erection of many y pl Am Tel & Tel(9) X0 a1, | Granby Con Min 421y 4 tS&W Va( e 34 action resulted in the first definite BOSS AND PHELP:; S ‘ e J sirable rooms pected to keep the building industry up et Porto Rico Tob, . \-,s"e,?.];on‘:%;?";m_ Inspec- [ll|to or ahead of last year's record. (Am Tobacco(8). 169 1 6! Grt Northipr t5) Porto Lico To B. change in speculative sentiment. fion invited Eventually there must be & change in | Am TobaccoB(8) 173% 170 GeeNaROi) faos L0Stum (5) ... .. 28% 1264 127 After the Initial outburst had been - 3 foreign trade and exports exceed im- | Am Tobacpf(6). 119 119% 118 119% | GLAGEHES0) 95 | bres St Car (n), 24 s4% 24 24 | completed, rallying tendencies developed Founded 1907 B. F. SAUL CO. lll | ports. but that turn is not looked for | {TACWEEICE 103" 108 GhEan Cans 316 19 Prod & Refiners, 24% 2 41 241, | but they were not sufficient to counter- R e this year, the speaker said. pelbiiodics P Tl Uiw Gulf Mo & ) g > | Producers&R pf act the sharp declines. The fact that PR L.’n«lm Main 2100 925 15th St N-W. | The discussion which followed Dr.| {7l wwoolen pf.. 5as i Gult States Steel w8 EropnyBrush(d) Goid Dust Corporation was able to mave e Invarance Co. Brown's remarks was one of ti t 2 2 - I G c ¢ 4 Pub Serv NJ(2), 42 31, 2 ¥ Vi E Ve - Mai Am Writ Pa ctfs 16% 164% Gulf Sta 1st(7). >, ion- Main 9300 t held. Harold W. Burnside, forum Pub Serv pf(6). vious final just before midday, occasioq: JEWELRY AND FURS ALL Thatrman, presided. and I. J. Roberts, | Am i 4 de% Hanna 1st pt. .. gt | Pub S N pecT), " | ed surprise in view of its recent advance " RISK president of the institute, outlined the | ATaconds (3). e Hrtn Bol0%stk 235 2 3% | Pub S NJ pt (8). 3 but this was merely a case of a special- courses for the second semester. Many ::::::omfun ';,,:- o Helme (17)..... Pullmn Corpi4). X 2 5 |ty in a market position still vulnerable Le Roy Gofl' prominent bankers were among the |, In ;‘: = Hershey Corp. 3 Pure Ol (1) 2515 25 | to the work of powerful pool interests. INSURANCE guests. o i i Hiershey pt > a7 | Purity BakA ) Crossing 95 it sold at its highest since neh et 00 & Co A 2 2 2 Purity Ba 2 p p p sting. e one grouj show 610 Woodward Bundine . M White Urges Greater Co-operation. | Arnold Con & Co 49 48 Hollander & Son ; e A intence was the pupiic utllities and as = Georke W. White, president of the | Avso Dry G(1i0) 2% 2w 25 | Housenold (14). 6 . 67 | RadioCorpofA. o the sescion progressed many of these National Metropolitan Bank, has writ- | Atchison (t10).. 194 193% 193 }}:‘,‘,’:‘%‘3,.?.:5'[35 2 2 m‘etsm:u:.:u:m&:r:a ?Qipgfii u’:o?he‘ ten a letter to the District Life Under- | Atchison pf (5). % 105% 104% ) 2 Reading 1st (2). 4 2 » tionat | A Aetn L ois e | Hud Man (2%5). 53% | Kent e B 4 amendment to the Walsh resolution af- | Piticice O ieo-omevation dhatween s | AU IE A T S Hudson Mot (5), 82 R U8 29 | fecting the powers to be invested in | Smociation and the banks of Washing. | AUl GUITAWI BF. 42 4 45" AENRe MatLAN) . 6% 39% | liom-1ia 1t Ty the Senste investigation committee | E ton in protecting and conserving the | Atl Refining (4) 107% 107% 107 { Lllinots Cen (7). 1 3 3 Reo Motors(i1). b P é’:;":fl; ;?::{i 151"1":‘:%:;31 (i:sr'el::a;nsj O vast capital being daily created in this | Atlas Pow pf (6) 104 102 104 104 | IndepOil (1) 7 Hep Ir & St 4). : e 15 resch higher levels city through life insurance. Atlas Tack..... 11 1 11 [indiandot 1% 21 42 Rep L& S pt (7). : 5 P PR Insurance upon lives grows steadily. | Austin-Nichols. % 5% 5% 4 | Indian Refining. Reynoids Spngs. A 9 Air Reduction Climbs. Prompt says Mr. White, as the people realize | Austin-Nich pf.. 2 2 | Indian Refg cts 9 KeyuldsTobB(5) 157 7 The announcement of the proposed 51/270 tion to Appli- that the capacity to earn is a valuable | Austrian Cr 452, % "72 NE Inland St (2%). E Richtield Ul (1), 2 2 26 | gplit-up of Air Reduction common in | JBVER IR AR G EUT cations. asset which should be protected: that|AutoSalgs pf(3) 32 32 3 Inspiration Copr 2 9 Robt Reis & Co. w6 | the ratio of three new shares for each | ) Cain whilch e Tt At o Sy Tth e e InterboroRapTr. 2 1% 314 | Kossia lus (6).. 77 D . s STE Run for five || ipen '» policy is so much um S e 4 - Intcontl Rub(1) il Koyal Dad.13% . 5 5 | of the "'.fs;fid“? m',":,‘,,,‘fi:;;:; EL & WOOD vears with- ||all the virtues and potential values|52110&0 (6)... 115% 114% 114% | Internat Agri... 11 1 St Jos Lead (13 % G o I Hiahiroudgfor Tt High i Interest tail. || which other forms of capital possess. but | hame s AT 55 ) Teon: her Int Agricul prior 57 57 imaiua) 2 42 e RO Mathices. igh Quality—Low Cost out curtail- ] yien all the infirmities and hazards 10 | bu Corioree 175, 559 Soe [nt Bus Ma (6).. 12 : N 5 Alkall on & $6 annual pasks, as against ment. which such capital is likewise subject. | parnsdi ab23%) 25 25% 2 2 = St L Swn pf (5). g ¥ .44 | $4 paid heretofore, apparently had been Unless the proceeds of life insurance 5 3 S 51 | Savage Arms.,. ted the low of Wm H Saunde by sane and safe investment replace the | bayul orar(7). 1097 108 ] Int Comb pf (7). 105 Sipteamar. oty | discounted in the rise {rom the low of | 9 o Bayuk 18t pf(7). 108 Int Harv (§6) P P . . i Y).ee the year of 1184 to current prices anc earning power of the head of the family | peacon Oil 6 16% Ihtan Hacipt Ci>, 1 : j Seabd Air Line.. 2 the stock was unaffected. | Founded 1887 and provide a steady income for the 4 % 3 3 3915 1, Seab Air L pf... 36 6 36 ‘The rails suffered less than the in- 5 ki3 Intdtch pf(3.20) 2 5 Main 1016 1433 K || beneficlaries of the policy, the insur-| geiding Bros (2) 19% 194 i Seagrave'tel0) 12 12 dustrials possibly because they had not | s sty [t T R neu RecvELL. St 40\ e AR o Seanes Coppt : e ob gher priee The fos.| 605 —13TR STREET " - 5 est & Co (3)... te DAY q - S Copper.,. 2 2 2z | cam) or er prices. ea- | —_— Providess Mutual Life Insurance || In the bankers opinion such failure | pothishem Steci SA i e s | Shell Un 140" 5 { tare" of the group was another sharp | B » N.owW. Company of Philadelphia "bolll unnecessary, umuhfimpm’ Beth St! pf (7).. 4 1207 120% 12 Int Paper of (1) 1070 107 2 | Shubert The (5) 6 6 6' 664 | movement in Southern Railway-Moblle | mf:.nm trust furnishing pro- | Bloomingdale. .. 43 41% 43 ¢ Ry Cent Am. 4 Slmmons (3). 3tz | & Ohio certificates, this time on the faction] o form of capital from | Bon Ami Cl A(4) 69 Int Ry CA pf(5). 4 | SEume Ba ! ? Side of advance. Losses in Hudson, | wastefulness and loss. Borden Milk (6). 170 1694 ! ntl Stiver. ..... 193 ¢ Sinclatr O1l. 2 . Nash, ‘Packard, Studebaker and Chrysler Bankstocks Corporation Offering. | Er!EE3 Mg Co.. 23 22% | (ne Tel & Tel (6) 146 o 15Th 187% | Sinciair pt (8).0 10 US 108 | extended from one to more than two | F. M Offering is of 200,000 British Empire. 3 EY ' Intertype(1134). 3 a8 >~ Skelly o_nl @).. 4 w2 | points. 1 1rst Mortgage [l .aresof Banksiocks' Gorporation of | bty i i O | Towa Centenl 1. { Snlder Fik pt. o T I | it Aot sk e e | g i A 2 C) 3 3 = ied wer ice level ant o Maryland. class “B,” common stock by | Bkiyn-Man (4) 5 Island C } So Por Ric S(f2) 47 ;:mn epmres‘:d good-sized rallles oc- and “,:g“f' .M'fl":{ &S& The stock 15 | Bklyn-Man pf(6 Jewel T 3 4 | South Por pt(s). 4 34's | curred in various directions. Youngs- | o ;u,fpw e aentflnancing | CEYAIUS.ONN(S) Jones Bros Tea. 36% ! & [JOG ORI, dh i | town Sheet & Tube crossed 101 again ¢ o The purpose of the present financing | Brunswick B (3) | Jones & Lau (7). | 3abth DRfrianA. 2 244 | for a gain of more than 3 points. On Improved Pro ert ConstructlonLoan e c«:s ngx v umnlmrummelf Ter.. 18 > Jordan Motor. .. i _vulr: :.lmmu B, wa although there was nothing new at P: P 2’4 land, amounting I::po:‘buu!l‘ :l 200:)‘\’)}0'). Ducviustirle 0) S 20w £ 28% | Kan City South. L :::nu:‘i:“'l'). i |hand regarding merger negotiations to 5 R o) B Ya | Kan C So pf (4). Ain e e {account ~ for the renewed _strenath. £l e, i B anatta) 148% 148% e 65 | Souly M&O cfu 4 1241 136 120 132 ational Biscuit finally worked above We invite applications for loans on im- | " 'The corporation invests its funds In | Bush T . 62 i rigtg et 2 | Spauiding pt (7) 113 s previous closing and Montgomery | pepon | Bush Tern (k2) 624 61 7 I8 8 pL ¢ 4 118 Ward retraced a good part of its early d the capit stocks of the more promi- | Bush Ter de (7). 108% 108% u “ > loss. The market was in a highly PRovedipropenty onk s nent banks, trust and insurance com- | Bush Trm pf (7) 18 17 3 . 1 panies of the United States and Canada. Enm fl'apk Z. s W e Kinney (G R) i S G & h ‘l [TV : e ‘li‘f Lf‘_"’“‘f{“?“" == N 4 [ N 00 | i e ) RS BB 5 SR 5yt R S MONTHLY PAYMENT BASIS OR Applications Invited at Byer & Co. 9¥% 9% 9T% | Kraft Ch (11%) | The total business transacted by Col- | py.p 3 ; e i 5% 63% 64 | §iq Milig pf , - iateral Bankers, Inc. for the month of | oo o s o) ar SUe 09 D L R | Stand0 G ; 5 NEW YORK, January 25 (Special) — STRAIGHT THREE-YEAR PLAN | December amounted to $2.078.880, as | CAllf Packe (). 4 T4 Kreske D8 e b 83 53 | SudonNa(r 9% o | Crude rubber,’ ‘smoked ribbed sheets. | | compared with $1.272,789 for the corre- Calif Petm (1).. 26% 26% 2 Kress (S H) (1). g 9 60). 3 declined 'y at today's noon quotation | sponding month of 1926, The cumula- | Callahan Zine... 2% 2% 24| Laclede Gas (12) 238 2148 2 Std Plate Glass, 27 » Ta.|Of 39%. This compares with 41 a GIOVCI' E", Flathcr | tive total for 1927 was $13,700.660, as | C8lumet& Ar(§. 1054 1 108 | Laclode G pf (5) i | Sterlg Prod(17). 143 ., month ago and 38!, & years ago. | Low Interest Rates 21% | Lago O1l (75e).. i ETIT M| Stewart-War (6) 2 | | against $7.753.016 for the 12 month of 2 2z ] i il 1508 H St. N.W. | 1928, representing an increase of 77 per | GG L s oot o8| Lambert Co(5).. | Strom Car (2)... ‘| CHILDS' DIVIDEND OMITTED. NEW YORK. January 25 O — | cent. 206% | Leo Tire & Rub. Studebaker (5 [ Main 1753 | ~The company has quite @ number of | CaseThreshg(6) 261 261 269 259 | LehighVal(3%) Submarine Lo i Imn}wlam in this city. The latest | Case The pfel). 21127 127 | [ite Sav (1.60). 2% 23 [ SunOil(n)., ¢ | Childs’ Co. omitted the usual annual TN Ny | report shows that the finn now has 64 | CENt Alloy (2).. 0 HR 2% 29K Lige Myrs(f14) ‘ { Suverior 01l 3 3y, | stock dividend of 4 per cent on com- MBRI( :W SE Y branches in operation in 20 States. c:'r‘:”; 'r‘::;"u') , & oot :" | Lig&MyrsB(f4). 12 2 :wuuof Amer, 3y :'mm stock d-"clurvd at the last three! ’ '] i - ™ | Lig Carb (3.60). 2 ymington Cl A, E p anuary meetings. The regular quar- v = e D_TRUST cCOM > 4 Chicago Bank Rate Advanced. Certo Corpn(14) 9 75 | Losw's Ing (13). | Doubl The mm Reserve Board had no | Chandler Mot uf. 16% 17 16% 17 |Lort..... s i explana to make here today over | Shat-P 5 b - A ! 3 i . B ! De: y th: e ey m"y.l W | Ches & Ohlo(10) 9 1ok 190 t::f.'n‘;l'x':l/«‘)“ ! | Tex Gult Sul (4) 75ty i o i Re!l Euate pt. Protected serve Bank's rediscount from 3t to|C& O Coron (3). 70 TN TG T Loone-W Lat(7). f | Tex PC&O(O0GY. 15 <N DIVIDENDS. = 4 per cent, which became effective ieee v 6% 8%l Lorillard Co. ... j Tex Lana Tratn #y : s s Bilwot 15th and Penna. Ave. ' e . ¢ A 5 | 5 | terly of 60 cents on the common and Tenn i 1,:“_’19‘1, ”'; :‘l: | $1.75 on the preferred were declared. e Tat s Sherwin Williams 1 1 . po e . €| Chi & Bant 1NN .. a4 2 0 3 specific move by the Pederal Reserve|ChiGreat West. 124 12 126 12w | (oulsthan'115) 280 : . hatehr pf(3.60) 0 b i . - 324 | LoutsGan ho Falr (2.40). J6% 87 3 ’ 4 ! BRANCHES: e The result at Chicago 15 being watched | 9 20% 20 29 | pigom T AR | o 3 T [ Chi MilastP pf. 4 v Tidewater Uil 80 " el Motor Tr., R ~entral—? g 2\ INSURED outy o he Tt 0s e cpange maY | M a8t Pors.. McCrory B (1.60 K6 Kimken (16)..., 12 n.f].“x.,..‘n.-n Hart” T Y te |t Central—7th and Mass. Ave. N.W. e . 255 | Mack Triiok (8). Tobae I'rod (m 1084 o e ¢ Lo o ) Northeast—S8th and H Streets N.E. ! 5 Ch Rock 110% 109 . 28 7 : the board no longer feels that dis- | G\ {iocK 24 1021 102% 102% | Mad Sa Gr (134) Transcont OIl. .. " Jugen 80 Sl l be uniform. 16 Co (2% ) Al 40% 40% | Mallison & Co... 16 , Twin City R 4)., X Muller Hak AW | Large Earnings Reported. Christl B (1.20). 12 1281256 Mallison pf (7).. LUndrwd-ElI-Fshr 6 o N ';' W [ < improved home property | Co. for 1927 amounted o $35,350,473, | CI1Y Storen (1), 70 10 ) 5 4 i | i ‘ 5 Proa Man £ m g (46) b ’ 1 . RN the District of Columbia equivalent 10 §9.06 & share, the total | ' P | Man Shire (2) 3 4 a H'I‘I,“'.';'.::f::,',_‘ 0 3 h e W T 1§ Is 10 conserva- || of $4.042.781, but in the report for 1926 Unton Tank (5). g X Bonds appeals to co no mention’ was made of this ftem. | & iron. Mariand Q11 ... 3 Utd 1180UIL. 40 vn e | U8 0l Gun & K1 (4) 25 United Drug (9) 196+ 1y ba ut 4 Com Cred pf 6% Maytag Co (2). . USCIP&F10) 2 ) o ‘| West DatryA(4) guard Ins Morigage December earnings of American Tee | vty Il 4 o |y A 18%) e ] i A 5 3 ” . >t Siwtributin Western Datry B 3 e [ Co. before Pederal taxes and depre- | GoulGoy sy, 6 ) Maxican Seab 8 pimbuing ¢ Wastern Oniry & for LOANS on system to tighten the money market | Ch Gt Westpf. 24 2K 2T 27% | Coufe & Nash(7) 149 p ! Chi M1 & SLP. . 4 17% Lo e Idewuter AsOIl, T fe Copper placed on call. A change in rates else- | O M&SU . y A Ll 1 o - S| By R .'\lnrlgagc Where may nov follow &t present. since | M) & Nw Flied Sl A ) Y | Tob brod eraiA) | T e < = L£o04 ? acy ( 1 ! R ; ¥ Southwest—7th and E Streets S\W. Bonds | count rates throughout the system must !0 & 1 bt ¢6) O 45 g | Magma Cop (3). Transue & W(1) | Lamuin & Hih S5 AT o Northwest—1140 13th Street N.W. The diversified security of || woi [oine of the P. W. Woolworth | Chryster Cor (3) bT% h6% Manatt Nuslrvl"f K K 9% | Underwd pf (7). Tratmue €W Man K1 Sup (5). Union Carb (6 S 4 | included a proportion of surplus earn- | ¥ 2 2 behind Insured Mortgage ings of forelgn companies for the year 2 2 - fl:::‘::':«c:n"a:u Un Pacific pf(4) tive investors. Net ncome for 1926 was 328204028, C0) (Han bl U ! Inite 1 . } o 14 ai o | 5 & share on maller num- | (0 AT 2, 3 i . Utd Dyew pt (1) ) As an additional eafe- || OF 8080 & A e . « ed (1), p 22 £a/ 8 ’ U Fruters ) ROIRY APPLICATIONS INVITED Bonds v guaranteed as o || ciaton were 8160083 compared with L), WLk Sen (1) e West Pacifio | IMPROVED PR ; o { 205 n b 26t 2 ! o IEEL 0 8 tomman ¢ ! V| West Pacino L RIS principal a interest by | loss of $71,205 in December the year I 8% Mid-Continent., 2 U 8 Aloonol (6). 0] Wentn Pacifio Pt 60's 0 w e OPERTY the Fede Seeurity & || before B X : Middio Staten. .. i - R Y ~ o . D PYRTY 0 US Leather wi, 2iy . Unton «8), 1720 17 President Charles C. Small says that | 1le Mid States O1l ot 0.8 Lantner As hae A B(2) Mortgage Company with || 4 \ : ! J ) e Washington office made un excel- o1 1aiand pf(113) 2493 | o : de. o ~ - resources of over $1.000,000, || lent record” He says that December Consol Gas(6) .. 8% 128 Mitter Rubber. 3 24 Ua Lea ITh: 1018 W ¢ - Located in "‘3‘ District of Columbia i usually shows small operating losses. ConsolUan pf(6) 102% 101% oo ALl Y P U8t il : | and adiacent Suburbs of Montgomery —and unconditionally guar- || Mid weather this year and inereased | ConltitCuba pf ¢ 6 8 9% | Min B0 PASEM.. 4% A AR e by By . A 3 A ] ands Phinces Gleo: G - z | eficiency In production und sales are Consol Textile.. dn o i o an . an | U8 Rub lecd), ' o " rées Counties, Md. anteed by the Equitable > Cont Hukp A (4) U8 Nmelt (34, White Mot (2). Siay s N | the main factors in making the month & o BT 1074 107% UBSSmpt(3%) b 3 White Rook(t3), urety Company of New || u profitable one Cont ak uf (8. By 80 U8 Hioel (7). 184 140w | WhiteNew Mach \ 3 i it Baking B, . ; Fibi 3 RITTRR York with capital of o | Local Market Strong Today., Cont Can (6), M ! U] b Bisel o (1)L Lo [EINEPUININ B 3 £1.000.000 . National Metropolitun Bank stock ap- | 6)., K 2 2 p AT, Ukt Topial 18 AL Bl 3 i l wision ol | pewrea on the Washinguon Buck Ex- (Miic) : Moon MOtOF, .. e Lo vyl " Nt Sy g | Pt chinge board Wiy for the first time M9 | Mother L (b0c) A RiRe 4 i WilsORCo Rl A SuL A b 0 I muny weeks 1L opened al 402 and .o b . ) Motor Met (3.60) 2 g b P q Winon & Co pf. Muturities 2 1o 10 Years ;‘:’,fi:nnl:n‘r“'-‘,l”,\;luzv.‘mml.n‘.‘"m‘.‘l‘l'v::;w;u‘ % E p :"':;::}:‘,"l",;‘ s f 1 Wonwarth (81 1 INTERE Denominations §500 and $1000 || Klectric common were picked up L 460 2 oo 204 4 Mullins B pfoh), 1075 107 Viok Chom (4) ., & W :::‘n:l‘|.|"‘l'|:“'."\ Sl gl ST Delerred Vayments Arvanged The oo Blectric Vower baues sold | Clan A8 020 Munsingwr (3. 61 o1 Viotor ik e, : 5% | Workh bumwias 6L a THIS COLPON TODAY AL yoa A ,,,.[,',,"",';',,', AU | Curties Aero. ... 69 604w dow | MUY """'I" it L “"r":.":;, i 108 R A SN o et i e st G 61, and Bh% y‘fl 50 shares of |Coshmn's (80 16T 160 167 Nash Mot (16%) KOl Kyl ki Wrikley (13, G0 o 0 G0 " Y ) Nuah & Chat (1) 1n1 e b v Y " . 2. . Mergenthiler ut 108, Merchants Bank | C0vemsl Vrult,. G 64 : G Valo®Town(1d), T8 T4 Tan TN Nat Aome (ata), 104 134 Va-Car Ch of(7) Vellow Truok, ., iy Hd% SIW NN 4 [y ! v to R E e & Trust stock sold st 151V, Davison Chem .. 43% A3 A2 42 1 . Federal Security Ot sk eld ut vecent leveln | Dol & Hud 0).. Ve 11w " yin 117 Netitesnptety oan Vivadou (b10) g | YOURRNINENGEY uu 100 eNN o8y H. L. RUS > fonds were neglected, the only sale | Del L& W (07). 134 184 134 - Y1) Valoan Detin... B8 33 ALy Hourly Sales on N. V. Market, 3 & Mortgage Co, Deltig 85,000 turnover in Washington | DIVG Wet pf by b iy g A i B o4k i § oees 1330 000 o T COMPANY 1412 K Street NW. Ratiway & leciric genaral 6s, which | Duirnit Be (8). , Viz N72 112 | Nad) Datry (3).. ! Wabash B (). P L. FEYNE A R S . . regiotered 103% . . De HilikAwn () Hey Rew Nat D Bt 1at (1) Waldorf (140, 30 20 Jee b Dividona a8,0v8n 1 the awne a LOAN CORRESPONDENT Warhington. 1. €. Levoe & Wiz 4u) an o din Nat Distillera, . . 5 h Walworth (0 200 17 1 aprae Dasel on the The PRUDENTIAL INSURANCE A Bank Women Meet Tonight Deviskit 18tiT) e o v 4 " % y v Tal | Nut Distille w l ). " . iaaa o u pem The Woshington Bunk Women's Clib | Diama Micn8) " i . B i send e l’“‘i:l:"l e will hwld ® alnner mecting Unlght &U| Dodue Sros C) A 1 10 s 4 Wardibaking B 1N " Reipead COMPANY of AMERICA ""' oy pediadesd " e Hugueno, e gest seaker being | Dodue it 1), T 00 Nadinior " V. ' " " Ploe o 1t age Bond Mis febs Burrelt Bmith, genersl N PR 8d TRy ° ‘ T R a " b R S 8 sugerintendent of he Natione Flrene TN N DAL iy an e, done Al 0N HOIG ]S ey eeey ar o 1001 15th Street N.W. Main 8100 Aume ; ve (] CRtONG0n Slacion, R Nat Hurety (10) a0 W PN e . a HH ' Nat Ton (4).,., 165 166 X Ty ¥ SILVER QUOTATIONS Nevada Cl14 ) 1y D | W e K8 0F) 101 102 10l T R R S : 16674 16414 NOTox & Mi1) 1O 188G 18Rt W i WERECT TEG 11 L NEW YORK. Janunry 25 (0 Bas N ETR TR P NYACUE (3, 4 44l 44 40 WestF Po(0)., L0 110 1o siiver, 66%, Mexican dollars, 43%, Mewon Adie(2),, @1 @ U6 6% N Y Cent(8),.. 160ty 160 160 160 Weal ' Fe pf(T) Mk ek 11BN