Evening Star Newspaper, February 2, 1928, Page 15

FINANCIATL, TRADING I3 DULL IN BOND MARKET Moves Unimportant Except in Tractions—Industrial List Is Weak. BY CHARLES F. SPEARE. Special Dispatch to The Star N;‘;W YORK, February 2.—Apart from the speculative buying of junior issues of New York traction companies that cannot be placed in a worse posi- n they are at present. and may g:‘rt‘i?‘lm the fare negotiations un- derway. movements in bonds today were unimoortant. 5 Price changes ,in the kmlgh o technical markel ;::lt:; than any general tendency. Is- <ues of the same type. and with the same income return. are daily moving in opposite directions, depending on "‘? floating supply. United States Treasury 33,5 advanced 14 this morning. \\l\m‘- the 33s were declining an equal! amount. Frisco prior lien s rose ’: point and Missouri-Kansas Texas 4s declined * Atchison 4s have been off recontly while Northern Pacific 4s and Tnion Pacific 4s have been higher. The same conditions obtain all through the list of bonds that normally have small irading markets. New York Tractions Rise. In the local traction group the rise in New York Railway 6s of 1l points was the outstanding mcident. They are up 6 points in less than a week. The prior lien 6s. which are a general mort- gage on the company’s property and a first lien on its real esiate and equip- ment. advanced '». Third Avenue in- come 5 rose 3. Manhattan 4s declined while the Interborough issues were dy. as wer» Brooklyn Manhattan Transit 6s. : th the exccption of & few speciai- like Continental Bag 6',s and Con- colidation Coal 5s the industrial list W&]:m'%k Carbonic 6l>s were off 3. ui 28 were substantial fractional losses S sugar. l\llflmfl«&fl: paencrl bonds. Among spec- ss in Seaboard -grade list conditions interest of 21, per cent, and judg- ‘r:: from their action it is feared that Wednesday's payment may be the last this vear. Denver 5s were more active | than for some time. In general the | Junior rail list has dried up recently. Utilities Demand Better. Public utilities of the 4> per cent| and 5 per cent refunding type were in d. An AFTER EARLY SLUMP 3 i i | | 1 E ] i NEW YORK. Februsry 2 U@).—Rye. | firm. No. 2 Western, 122'; 1.0.b. New York, and 120% c i1 export. Other articles unchanged TREASURY CERTIFICATES. (Reporied by ] kW Dflllm.s!:“l'lVLl win Ofter | - FEDERAL LAND BANK BOKNDS. (Qivted by Alex Brows & Sovs Closeg.) | B )| Humble O & R 158 POREIGN EXCHANGE. vy W B Hiie & Co) vl 2uid Belliug checks SHORT-TERM SECURITIES. Bevutes by & W Beligmsn & 7| Phiie Co on 61 w | Cuba 5tas | Norway s 1952 THE ON NEW YORK BONDS STOCK EXCHANGEI Raeceived by Private Wire UNITED STATES. H (Sales are 10 $1 0000 Sales. High. Low. .55, 147 101 24 10121 10124 10 1081 103 1031 Lib3d4%s 70 10013 10012 10013 Lib 4th 45e 248 10325 10323 10324 US 33 43-4 60 10218 10210 10218 US3%s... 125 10713 1077 1077 US4s1944 81103 1108 1108 US4¥ss5: 13 11584 1153 1154 FOREIGN. Sales. Hieh Low. 2:35% 44 100% 100'< 100% 19 100% 1004 1004 6 1007 100 100% 66 100 100% 100% 66 98% 98 98 23 98 9Tn 9T 4 103% 103% 103% 10 961 961 96 43 100 99% 100 4 1047 104% 104% 26 107! 1075 107% 106 3 115 115 31110 109% 109% 20 105% 105 105 w 111014 101 101% 124 964 95%% 95T 31 98 98% 88y Brazil 8s S 109% 109% 109% Bremen State?s.. 1102 102 102 Buenos Atres s 57 40 99 99 Buenos Aires 7558 25 99 98% 99 S 1024 1024 1024 Canada 58 . 41 1073 107 1074 Canada 5%s 1929.. 3 101% 101N 101% Chile 78 1943 + 16 101% 101% 101% Chile 8s 1941 NIRRT TILY Chile 8s 1946 « 61104 110% 110% Con Pow JapanTs. 7 99% 99% 99% Copenhagen 5sct.. 20 96% 964 6% Copenhazen 5%s.. 4 101 101 101 1 103% 1034 1034 | 3 105 1050 105% 3 111 1114 1114 | 3111 110% 110% | 3 110% 110% 110%% Argentine 6s Ju §9. Argentine 6s Oct59 Argentine 6s A Argentine 6s B. Australia 6s 1955 Australia §s 195 Anstria 7s. Rank of Chile 61s Belgium 8s Belgium 61 | Belgium 78 1955, Relztum 78 1956, Belgium 715, Braz!l 7 Crecho 71s rets. Czecho 8= 1951 . Danish Munic 8s Danish Munic 8s B Denmark 6s. . E 5% Mch DE | 518 Nov 5: Duich East 1 63 47. Dutch East | 65 6: Finland s f 63 45. .oee 22 110% 1104 100% %s. 13 97Tl 97% 90Ty 24 107% 1074 1074 8 100% 100% 100% 6 99 99 9w 5 1004 100 100% Hungary 2 102% 102 102% Italy 7s.. italy Pub 7s. Japanese 4s. Japanese 64 Jerzens U M 6s Lyonés..... Marseille §s. Mexico ¢s 04 asntd Milan 6les. 92s, | ‘s 1024 102': | .« 2105 105 105 23 101% 101 101 3 101% 101 101% | 3 26% 26% Z6% 24 924 9218 824 Montevideo7s..... "2 103 103 103 Netheriands 6s 54. 2 102% 102% 1023 i Nord s, H Norway 5i4s. Norway 63 1943. orway €s 1944 1021 10; Orient Dev deb 6s. 11 ‘753 |97 ls?‘;: Paris-Ly-Med 6s..110 993 69% 99% Paris-Ly-Med 1s. 6 104 1032 103% Paris-Orleans 7: 9 103% 103z 103% eru s 67 w.i.... 52 914 91 38 1034 103 13 1074 107% 107% 15 106% 1064 106% weve 13 110k 1104 1104 1 83 . 83 83 Poland 7s (rets)... 23 ! Poland 8s..... 0" SoamRe. 16 100 99% 100 orto Alegre8s... 1 107% 107% 107" Queensland 7s. s s 8 114's 114'% 114% Rhineibe Un 1s 2 111% 111 111% RiodeJanss | 23 107% 107 107% 6 107% 107 1 1074 107% 107% 4 101 100% 100% | 12 106 106% 106 18 100% 99% 100 20 99% 98k 99 ! 2 104% 104% 1045 | 13 103% 103% 103% | 3 104% 104% 104% | 3112 111% 1% ‘: 3'& "9y ”h} Y B9 89! CUtd Kingm $%8 37 43 106% 106 10(‘. Uruguay 8 1 109% 109% 109% Yokohama 14 96% 95% 95% MISCELLANEOUS. Am AgriChem 7458 23 105% 106% 105% AmSmit& R 1st5s 3 102% 102 102% Am Sugar Ref 6 3 104% 104% 104% AmT&Teltr 87 99% 99% 99| AmT&Telurbe.. 4105 106 105 | Sso Paulo 1950, Saxon (PW) 7s.. Seine 78 42, AmT & T st s, 13 106% 106% 106% 21 109 108% 108% 3 100% 100% 100% 1 92 92 92 59 106 106% 106 25 112 111% 112 Tl 9% 90% 90% 2103 102 103 B0 101% 101% 101% 3 107% 107% 107% 11 11v 1w 110 2 101% 101% 101% Assoclated Oil 6s. Barnsdall 63 1940, . Beli Tel Pass B... Bell Tel Pa 6» Beth Steel rf bi Beth Steel bie Beth Steel 6 | | ! L 4L 104% 103% 104 | 38 105% 104% 104% | 1 106% 106% 106% 3 210% 269 270% 12 96% 6% 964 | 61 100% 100% 100% 3 Bl% BlW BlY 106% 107 95 95 107% 107% 53 63 1 108% 108% 108% Bkiyn Union $%s.. Chile Copper Col Gas&El d Con Coal Md 18t ConGas N ¥ 6% ‘uba Caness...... Cuban Am Sux 83, East Cuba Sug 7%8 Fisk Rubber 88, Goodrich § % Goodyear bs re! Hoe & Co 6% Humble Vil » ce. b 11K L18% 118% % 108 107% 107% 4L 9BY% 95%h 95 20 99% 9T% 99% 23 1014 101 101 1103 104 103 5 105% 105% 105% 1 100% 100% 100% 5 105% 105% 105% 14 106 105% 106 5 101% 101% 101% 1 104% 104% 104% 6% 96y uh Yh'y | 16 108%, 10%Y% 1onY | 7 100% 106 105 | 2106 106 106 | laciede G & 5 106% 105% 105% | | | 11)1nots Bell 1t 63, 1ilinois Bteel 4 %5, Indians Stee! § int Mer Marine 6s. int Paper 6m 47 Inter Faper fa el&Teleg 4 Kayser & Co & Mye .. 14 100% 1064 106% lokget & Myern Ts 2 123 123 123 Loriiard (#) T8, 1 1T 117 117 Loulsy G& E6sb2 1 104% 104% 104% 10 Con 6% 8 40,,. 18 106% 106Y 106% | St:dvale Steel 5 1 101% 101% 1019, Mont Fower bn 43, 11 105 105 106 Mont Power deb bs 17 101% 101'% 1015 Mor'shCo int alhe, 3 *BT% KI% WT% New York ka 6igs. 1 116% 116% 1165 [N Telbu 4l 24 J0R% L0BY 10R% NYTel6ady.,.... 35 111 110% 111 North Am Kaisbs. 70 103% 103k 103% | Nor OhioTr& L.6s 11 108 103% 104 | Nor Buares Pow Le. 2 104% 103% 1034 Nor States Powe 1 105% 106% 106% | | Pacifc Gus & K168, 21 103% 103% 1044 Pacl & T 181 bn, ., 1ac T & T ba b2 Pan-Awer Petebn, 6 1065 106% 106% | 1103 103 103§ Ok W% YK 99 24 104% 104 104% | 111 1ok stenn Cal 2 101 1005 100 Vieice Arrow B 1o04% We W4 5 104% 104 104 23 106 108 Jos 2 107% W07% 107y 6w wns by .10 Wi i, 18 gEn YT% YIn 7 100% 100% 10f 4 9% wh 6 Yb' ubl 4405 106 10% 110 110 1 6 106% 106% 106% 24 10%% 10d% 103% £ 107% 1074 1 7 107% 107 107Y 7 1070 40T 10T 08 Itub 1el r1 b8, B4 WEW 46 964 U8 un T, fO104% 104% 10478 Ihils Corfbs A, .. 1ublic Bervice 6s. . HewingtonAr 6s 32 Hinelatr OV 6 Snelatr Ol 6%8. | Binclair O14 1 #in Pive Line iy O &1y Sou Bell Tel B Puor ico $ug 18 Southwest Iell 68 S1und O N J 6 rennt ow bs 41 ! Tutens an 1ut 1a Unitea g 6» | CM&SPeve o sa i DRioG West §s.. 1 § Tl Cent Chi 431, Kan City Term 4s. 11034 103% 108% | N | Bow Pae 11037 10%% 103% | Direct to The Star Office Quotations to 2:35 p.n.-Final Quotations in 3:30 Edition, h Low. 103% 1124 104% 1024 106% 100% 108% 112% 108 102% 108% 1007 Sales, Higl 13 103% 20 112% t Elec 58, tn Union tinghouse b 17 105 Wilson & Co 18t 6s. 19 102% WinRepeat Ar 7l4s 6 106% Yngstn S&T 5s w.1. 55 101 RAILROAD. 1 Waesi W Atchison ad) 027 Atchison gen 43 Atlantic C L. 18t 45 Atlantie C L el 4s, B& D SW 5850 & 7th Av 58 ‘nElevated 6% Bkivn Manhat s, Buff R & Pitt 41 Can Nat 418 54 Ca Canad North 6155 Canad North 7s.... Canad Pac deb is.. Can Pac 4%s 46. .. Car Clinch&O 6s 52 Centof Ga 6s .... Central Pacific 48 Cent Pac 1st 58 90, Chesa Corp 5s wi Ches& Ocv 4l Ches & O gn 4%s Chi& Alton 3% Chi B&Q gen 43 Ch&E I11 gn 58 51.. Chi Gt West 4559, C M & Puget S 4s. wBlpnmarunin shany CM&StPcvilzs 21 2ef:206 CM&StPrf4tks. 27 CM&SPrf 4l =cf, CM&StPevis CM&SIPev hsefs, Chi & NW gen 4= 1 »” [P ChiRI&Prfds.. CRIPaceYawl, ChiTH&SES5s.. ChiTH incés60.. Chi Un Sta 44s... Chi Union Sta 58 44 Chi Union Sta 6%s Chi& W Ind en BE e R 2 COC&SULrf6sA. Clev Term 5 Clev Term 514, C&Sistas2) Colo & Sou 4% Cuba RR5s...... Cuba Nor 5%s cts. Del & Hud 5%s.... o = nu=EnSan EIET D & Rio G imp 5s. . 2 Erie zen ¢s. Erfeconv4s A Erle cvt 68 67 FlaECHs74. Gr Trunk stdb 6. Grand Trunk 7s... Great North 4%sw Great North 5s.. Great Nor cen 7s.. Hav El Ry 5%s 51, Hud & Man ref s, Hud & Manaj 5s.. 111 Cent ref 4 11 Cent 4%s 6 o BanBuBums8.E 0 <82 11-C-C StL&NO 58 Int Rapid Tran 5s. 129 Int Rap Tr 5s stnd 286 Int Rapid Tran 6s. 13 Int Rap Tran 7x... 79 Int & G Nor ad 6: Int RysCA 58 72.. 12 IntRyCAGY%sret 3 Centrf 4n 4 Towa Cent 1st 58 1 Kan City Ft 8 4s. 9 KansasCityS3s.. 1 KansasCity 8 5s.. 31 2 a Lake-Shore 4s 28. . Lehigh V; Lehig Lonz isrfds4s... Louis&Nash unf 4s 2! Louls & Nash 5 B. Louis & Nash 5%s. Man Ry 1t 90. . Man Ry 24 45 2013, Marker St 18 40. .. M E! 2’ & L G=6) 1 M Mo Pacific zen 4 Mo Pac5s A 65. MoPacSaF17.... Moh & Ohlo 448 77 51 17 65 26 4 91 4 1004 8A% 961 98% 104 108% 107% 102% Crfim4algs... Centribs....168 | 'Chi&StL 6%8A 16 YC&StLésA. 5 New Haven 38 54 NY NH&H 4 56, NY NH&H db ;\"7 H Hav&H cit Northern Pac és. .. Nor Pae 4148 2047. Northern Pac 5s D. 938 105% 104% 112% 104% 13 1054 104% 13% 103% Y% BHY " Pennsyl 814n. Pennayl gold 1n Pere Mara 18t 5 PCC&SL 58 B 7 Reading gen 4% Rio G W st 48 Rio G West e 4 RIArk& L 4% Bt L IM&S 45 29 90% M 2 1010 101 100%, 9HTs 967 TI% i 76% SULS Weonds3?, 2 Bt P & KCRhL 4%® 11 Reah A L ref dn. ... Beaboard AL 4 st Seab A Loadjtn Reab A I, con #n. KB Al Fla 6535 A 29 1038 92 Sou Pac 4% Bou Ny gen Rou Ry Con Hoy Ry 68 66 Southern Ry 8%, Term Anso 8 1. 48 lexArk ¥8 & Union P’as it 4. . Union Pao 1a1 rf 48 tn Pac 4 100% 118%, 100% 108% 108% oY 1024 100% 03 N 100% 118% 100% 109 1084 59, 102% 100% 100% Virginia Ry 109 Wabunsh be T West Maryl West Mdbhe17., Western Pacifio s, Wheel & 1, 15 en 45, 03 Wis Cen gn 4w 49, ny MUCH COPPER BOUGHT. NEW YORK, Pebruary 2 (#).—Wire- irawing interests entered the market for copper rather unnmunly and pure chused about 5,000,000 pounds on the Lusin of 14125 cents a pound. delivered 1) 5 Breel of bm 287 0RO 4 1085 Crah Vow & Ly bm b 1015 015 1017, Verttenies Sug Tu, 1 100% J00' 100'% Warner BugTeds,, 3 ¥l i 81 - In Connecticut, Engineering & Mining Journal reports Moderate business was done in lead and ginc, prices for lead tending to weaken, due W declines n [Ty EVENING STAR, WASHINGTON 'TREND IRREGULAR 42 (have an effect upon the main body of 2 | stocks. % | was not having its reflection in the mar- : | Washington Stock Exchange Capital Traction i wllS. 5 at 115, 1 O CURB EXCHANGE List Is Not Affected by Moves. BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, February 2.—The move- ment of prices was irregular today on Curb Exchange. Bidding up of indus- trial specialties so characteristic of the market of the past month continued to result in new high records in issues selected for leadership, but failed to As a group, public utilities were out- standing because of their strength. American Light and Traction gained 10 points before the demand subsided. American Gas and Electric was a point higher at 125, and Middle West util- itles, United Gas and Improvement and any number of lower priced issues shared in the upturn. Electric Bond and Share at a new high was discounting expected benefits which it is to derive through the con- solidation of Lehigh Power Securities and National Power and Light. If seri- ous developments were exrecled from the proposed congressional investigation into public utility affairs, this belief ket for these stocks. The market for Gobel common was stll responding to prospects of in- creased earnings growing out of the plans for expansion. Around 83 the stock was at & new high. General Bak- ing class “A” was carried up a point or so and Johns-Manville up almost 3 rolnr& At 150 Melville common estab- ished a new high and was 4 points higher. Its. action plainly indicated that the floating supply had been mate- ;Lllly reduced as a result of the recent uying. Others that reached their best prices Included Lake Superior Corporation, Yukon, Alaska trust certificates, Na- tional Transit and National Electric Power “A. The action of the ofls was noteworthy in view of weakness of this group on the Stock Exchange. It was, how- ever, only the high-grade standard divi- dend payers with cash surpluses back of them that did anything on the side of advance. Vacuum Oil was bid up some 3 points. Eureka Pipe gained fraction- ally. and the same was true of Standard | of Indiana above 78. Sales. w:;::!nmn Gas 6s “A"—$1,000 at . Capital Traction Co.—10 at 1147 Washington Gas Light—10 at 86'4, 30 at 86'5, 2 at 865, ‘ashington Rwy. & Elec. pfd.—10 at | 103'5, 20 at 1031, 10 at 103%;. After Call. Co.—10 at 115, 10 at 0 at 115, 20 at 115. Rwy. Elec. 45—$1,000 at 92. Columbia Sand & Gravel ptd.—15 At 104, 10 at 104. Washington Gas 6s A—$1,000 at 106, $3.000 at 106, | Euiomac WEeckie Wik pl10 it | Riggs National Bank—4 at 500. Poluo);l}lc Electric 6s 1953—$1,000 at 2. Washington Gas 6s B—$200 at 109, $2,000 at 1091, o Money—Call loans, 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY . Fese £ 3 < F; R 18t otomac Elec. cons. Potomar, Elec. 6, Ale: t. v be clf 6150 VAsh Cons. Titie, e .o+ Washington Gas b Wash Gas 63 series A 22292228 522, Wash. G 2835528 £] Borber & Ross. Inc. Al5e. .. 941 Chestuut Farm Dairy i3s .. 10510 Chevy Chase Club 5%s . 10 D C. Faver 6 PetJoint Stock Land, W. M. Cold Storaxe by “ee Wardman Park Hotel 5%s. . STOCKS. PUBLIC UTILITY. Amer. Tel. & Telra : Cavital Traction Washington Gas Na W Potom id’ NATIONAL BANKS. Amer Sec Continental s Merchante' Bank " 0.0 N wl Savines & Trist Union' Trust A Wash Loas & Trust SAVINGS BAN of Mettiesdn A meroe & Savin Fust Washineton. . Sotoma Sec Sav & Com Bank. .. Seventh Street Cnited States Washington Mechanics' FIRE INSURANCE G American . Corcoran Firemen Natlonal Vnion TITLE INSURANCE te atte T : Tny''Co_of Md oom Cons Title Co ptd MISCELLANEOUS DG Pay Col“Sand & Gra Vederal Storuge Fedoral-Al 18 1081, RAW SILKS ADVANCE. NEW YORK, February 2 (Special).— Cotton goods markets were moderately active again today. Print cloths quota- tlons were unchanged at 7% for 64x60s and 8% for 68x72s. Raw silks were active at an advance of 8 points. RUBBER DECLINE NEW YORK, February 2 (:peclll),— Crude rubber, smoked ribbed aheets, de- clined 7 at today's noon quotation of #0%. This compares with 41'5 & month 0 and 379, a year ago. . APPLIANCE SALE HEAVY. NEW YORK, February 3 (A).—8ales of gas and electric appliances by sub. diary utllity companies of Oitles Berv- e Co. In 1927 amounted Lo 9,525,700, IS D. (. THURSDAY. FEBRUARY L) FINANCIAL.S ‘2 15 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 toda; Sales in INDUSTRIALS t Am N e m Pow & I, pf t Am Rolling M., 1 TAm S&Ch p pi 11 A P e & Club % Commonwith on B Film pfd wi 1 Cour taulds. Ltd Press p ww. 1 id.. 1 Det Motorbus 2 Dominion_ S 4 Durant Mot. 1D e rief I & B 2 Hall Printing .. 1 Holland Furnace . 1 Huylers ..., .. 4 Hyerade Food 4 Ind Rav Cor A. 1Tneur Co N AR A Int Silver ria wi anv anv of. Kemsley Millb 2 Kinnear Stog Super C ‘and Co Fla 1 Leon FitzP Muel 4 Leon T Inc war. T Owens Sh Gi 1 armon M Mar Casnaliy N Stores. ¥ Grocery Rros Pen v 1 & Heos o Golddd N e | Fore Wanden' oy 20 Wt End 1Yk Alas 4 Vilkoa Gold Nales W Rireds B AN H et 1y ' 1 bt 10b INDEPENDENT O1L STOCKN, DAL ‘J Hy 1% \ bt 10l 1 Gibwon O SAERAR 47 Pandem Oi . antepec i Nor Cent Tex il 11 ol teiter Foster 0 Ry " 5 Sales STANDART: inunite. MER SI 1200 Angla Am- Oil . 800 Cont | OIt D 011, ISSUES AND FOR. TBSIDIARTES—STOCKS. 20000 P T, 300 Tmp_0° Can’ L at Transit 59 Northern P L 400 Ohio 01l 4 100 Pe 0 Ohio' .. 00 Vacuum Ofl BONDS Sales in thousands, 24 Aln Pow 3 Allied Pk 10 Alum_ € G Am 1 El Pow P& 1, 5 | « &1, Cons G Balt Tex S my O&R % tane T&R 5n Fisk Tire 51 at P & 1. s A 1 10 tPub 8 Alas A 104% 14 ex Cons Cor oy $ 1 5 " fot P A ww 1031, 1034 33 104 s 10 T Stalev Mt 1 i 0 1008 100 ASun Maid R 81p8 07 ° o0 AQwift & Co Ba o 1011, 1 5Texas P & Trans-ont Ol "L & Ra Sales in thousands dristic Flee E) SAer M B Te 47 axa 71 Ruenos A 16 Buenos A ha Ats Ta Cans 3154 henmark i e St OB ST A ww Un SUWK s A Vienna fis WP iV iden e OPTION ON STOCK. i NEW YORK, February 2 (.- option on the $3.760,000 of 7 per cen cumulative preferred stock of Jones Bros. Tea Co. Inc, has beon obtained by a banking syndicate headed by Brown Bros. & Co. which, it is said. may be exercised shortly. The preferred has been held by the Jones family since the company was organized. \ 5 - STEEL OPERATIONS EXPAND. NEW YORK. February 2 (®.—Stee! operations i the Pittsburgh district are on a higher basis. Carnegle Steel has ex panded ingot production to 80 per cent of capacity and Jones & Laughlin are operating between 75 and 80 per cent Carneglo Steel put six blast furnaces i operation in January, making 28 active out of 51 -2 e SUGAR AGAIN SLUMPS. NEW YORK, February 2 (#).--An- other new low record for the season was made in the raw sugar market early today with prices down one-thirty-sec- ond under continued liberal offerings ot duty-free. Sales reported and included were 10,000 Porto Rican to an operator for February shipment at 4.37 and 5000 bags due Monday to refiner at 4.4 CONTINENTAL BAKING NEW YORK, February 2 (4 - Conti- nental Baking Corparation earned §3.08 | & ahare on the “A" common tn 1931, againat 8805 a share on the "A" and Cents & ghare an the i 1ee, E s A wi PP o e i o i ool ALLIS-CHALMERS PROFIT. NEW YORK, February 2 (#).—Allis- Chalmers Manufacturing Co. earned $10.02 a share on the common in 1927, after six months’ dividend requirements ion the preferred, against $9.47 a share |in 1926. The preferred stock has been retired. Net profit was $3,182472, against $3,596,891 the year before. Un- | filled orders the end of the year were $10,013,114, against $11,182,568 on Sep- tember 30. Bookings in 1927 were $30,- | 651,807, against $32,170,181 in 1926. | PREFERRED RETIRED. | | NEW YORK, February 2 (#).—Para- | 'mount-Famous-Lasky Corporation has | {retired at $120 a share and accrued | dividends 74,950 shares of 8 per cent { cumulative preferred stock. all that was { outstanding of an original issue of 100,- 000 shares in 1919. Money to Loan Socur;a 'b.YlnI:,f"gw of trust on r!.llh:llll. e CHURCH LOANS We are in & position to handle con- struction loans for Churehes and Instito- tions.—Phone Main 5644. Mortgage Money Loaned at Low Interest Rates Feonomte Conditions Tyler & Rutherford Lean Corresnondent Mutual Benetit Life Ins. Co. 1520 K Street Main 475 Tue CommerciaL Nationa. Bank Capital & Surplus, $1,400,000.00—————Resources, Over $1%,000,900.00 Corner Fourteenth and G Sts. facilities—so wide S our connections, that “Commercial National” service proves more than commensurate with the most varied demands. O complete are our Our officers will gladly give consideration to your banking needs. We PAY MORE INTEREST on han any other National Bank in Washington. Come in and let us show you how we compute interest. The Bank of Personal Service Money for Construction nediately available. out o funds, ready f4r instant dishursemer —is i our own ute your mortgage loan applicat Immediate Answers on Applications . F. SAUL CO. Main 2100 Louw Interest Rates and Commission Applications for Loans —on property the [ Columbia and vicinity our prompt attention—; handled at lowest rate o and commission. € We invite v with us, rel estate loan. ou to ¢ LOWEST INTEREST and Commission Investors can bay Our 6% First Mcrtgage Notes outright, or on the Month- ly Payment Plan. ~ The Commercial National Co. ! Paid-Up Cash Capital, £00,000.00 Commercial National Bank Building, 14th and G Share in the Income and Profits of 98 LISTED STOCKS with a Single Investment Investment Trust Certificates of the Investment Corpo tion of North America, enable both large and vestors to become part owners in this group of secu Each of the stocks has been carefully selected for 1 vestment value—each one is listed on the New York “xchange—and all are deposited in trust with the Trust Company, New York City. The investment value of th 1 may be gauged by the fact 1922-1926, the appreciation in val ion to ha % a year. Rt e B Goulden & Company Woodward Building ~ Telephone Main 2000 Washington. D L. DOMINICAN REPUBLIC Customs Administration Sinking Fund Gold Bonds Repayable at maturity at 101 Dsted Oct. 1, Dxe Qv 5" 192s 1 1340 The issue of these Bonds has ve- ceived the approval of the United States Government requirved by the American-Dominican ~ Convention of 1924, Application will be made to list these bonds on the New York Stock Exchange. Price 99 to yield over'3% ¢ Descriptive circular on request ALEX. BROWN & SONS Oldest Banking House in the United States 737 13th Street N Main 1033