Evening Star Newspaper, March 2, 1928, Page 13

COTTON RECOVERS BAT.TI?AORE.}‘ M:{Fhlz Vsp:cil:’ih.._ FROM EARLY DROP|SHcTrisl s Jarnasd & penn; ‘ December 31, 1927. shows operating I —— i rey nur",' totaling $047,124.25, an in- crease of 1.34 per cent, as compared to ASEENDINGU Moderate Trade Demand Has 1926 et 11.3‘,mr- for the ~,r:( was $116,407.38, an increase of Steadying Effect on the cent compared to the previous ye FINANCIAL, THE EVENING STAR, WASITINGTON, D. ., FRIDAY, MARCIT 2, 1928. TRADINGISQUET | e voree_curs warcer | [SPECALTIES STILL VOLUME OF RETAL IN A Following is the list of stocks and bonds tradcd in on the New York Curb Market today: ol [Sawein INDUSTRIALS e TR AR : “ ;s e 3 I Staple Market. ST i [ . o . =i | Creole Syndicate Has Rise on|Building Being Speeded and . BIG ISSUE GOES QUICKLY. « Eggs Receipts Reported to Be """ por o e Am, o s Y i | - - NEVRA SO e | e ! Alb PP Bar A > A O vie COD = 3 r ! i AMson Dius A Th Nl M & v i teel Industry Shows Some | By the Assaciated Press, $100,000,000 consolidated mortgage 415 Very Heavy—Some Poul- | R TR 1 oo n R Merger Talk—Other S Y NEW ORI, March 2—The cotton | Der €ent ,;,;,;,1?:",,;’,‘,!. 5];‘,' Lnis-£at trvils Hither, i AN ; e ' Oils Are Sold. Improvement. market opened steady today at an ad- | p GUR SR 00 o T he trancaction PR, ! A ) b \com s7w 333221 5m. ice of 5 points on March, but gen- edl B WAl ek e o i Em R e FD STK, 284,552 SH erally 1 to 6 points lower under o ar. i % y !m-! &\‘ Y ‘|‘ 1300 1 n,'. l\;"l\ B BY WILLIAM F. HEFFERNAN. BY J. C. ROYLE. [BONDS $19,707,500 ;n;,h’l, :,t-g‘]h\q (4;1'(]]:- 3 \Ahlé',hv]‘,!-lllm::? Vl,l SEA “_" TR S ‘wholesale imarket was: vers Hivatan S8 163 R KO0 P e i ’ . e~ he for New Orleans ani all Strect | IERT ORI 3 . ‘ ; S Mach 104 : 00 e : 2 Special Dispateh to The Star. NEW YORK, March 2 (Special).— " o ey . e e :‘.m‘ i o ..::.m" Sl NEW YORK, March 2.—Outstanding | Complaints that business has slumped e S et Tk o United States Fidelity & PIy OF eges was repidly accumulat-{ i Am "Ga, i . B0 vk } features on the Curb Exchange today [do not scem to be borne out by the I . e e et | laraty Codosanal with very heavy receipts reported % Am Pow & H0 S 0 Ky . G again were confined to high-priced spe- [ reports of the actual volume of retail ., . ki Ll but the relatively steady showing of | Md In the meat market prices of g“‘_ 10 L Pepand ROD/VRGII S0 clalties, where the capitalizations and | trade in many of the centers of the ' . the early Liverpool cables was accom- |, e showed the grentest change, live ducks, 10 am K 4 a3 . floating supplies were known to be | country. Jesrrvn i detis . panied by some foreign buying here. | ... s Jumping to 4 and 25 cenis per pound. | 1t S i ; : small, There is Mttle doubt that wholesale [ [Sy<ise ard iietir B ile: & indrrate cae doan A Tale o se the Distete while dressed brought 27 and 28 S e Bancitaly Corporation advanced more | buying has been restricted to a certain 759 | was reported, which steadied prices be- s L T s than 5 points to a new high above 189, | extent. The trend s rapidly TeVersINZ | ox, o0 yeron ot : fore the end of the first hour. After SIENGNE & dight Seoxie 1 414 | stil reflecting the recent merger devel- | itself, however, according to late re- | 'L, N selling off 0 18 19, Bay tallied Quotations today were et ! i f . | opments. . ports. ‘This i taken to mean that the | fer” i y {5 1508 Wik Gotoher worked i Trons Butier—One-pound prints > 3 3 3 i Facing its most prosperous Spring | distributors and retail merchants have | 57 « k8 BURB oeiiciiia " 118.12 to 18.13, or back to about yester- tud. 49a80: store, packed, 28 3 8 R Ml 6 L 101% | and Summer season, Tubize Artificial |cut off thefr buying activitics in the e s closing quotations | lected, 3 e - 14| Silk went to a new high record at 520. | fear that the general public and the i “| Private cables reported trade calling. 28a28. et ¥ J - < 1 ¥ i i H Stockholders are likely to benefit in the | consumers will cut down thelr pur- ! Loages ting atid Continental buyfig s in e i AR Sy i3 | § i i ; §'0 103 | near future through a recapitalization | chases. o " ot vaitid suivnt | Liverpool, and sald China was a freer | 3 i Y § » Elee oty [ of the financial structure resulting in a chief Industrial factors, however, - b come ol i buyer of cotton goods in Lancashire, A substantial stock distribution, although | show & 3 oo o fll""‘*-';m‘“;‘l’ ation the et wh’ more 1v.nmr£.».,k,l,;n:.,, : thing along this lne so far has been | What slump’ there has been seems t E ki iy | “Private reports that v s b oy s ke s e Bt oo S il o psychological | |, L e 1ot i | numerous in some eentral belt sections oxee . 20021 : small, 30a33 8090, killed—Beef. 20a24: veal, 30; fresh hams, 18a19: E E Po A {s and | by the Market of Agricultural i Net profits of Campbell Wyant & Cannon Foundry for the year ended December 31, 1927, justified current prices for the stock around the 41 le These were equal to $5.92 a share against the annual $2 dividend require ments. Cash on hand alone, according to the president, amounied to $561,901, exceeding all liabilities other than' the capital stock. Melville Shoe indicated the scarcity rather than an economic and commer- cial condition. Building Picking Up Well. Building 15 picking up splendidly and undoubtedly is proceeding at a higher rate than it was at this time last year. That has lent encourage- ment to producers of building materials and has furnished jobs for many of those out of work, within the last two STEEL BOE)éTS SEEN. higher, but the demand was limited. | & NEW YORK, March 2 (#)-—Youngs- | were not fully maintained as there ap- | town dispatches say the rise of $1 a|peared to be some further realizing or ton in prices of plaies, shapes and bars | Jiquidation. At midday May was sell- ges further advances in lighter | ing around 18.62 and October 18.14, or rips and fender stock. Tt i may have contributed to the mid-morn- ing advance, which carried prices up e to 18.67 for May, or about 5 points net Trading later was quiet. The bulges | embracing all forms of | nét unchanged to 5 points lower, e of the stock available in the market | W¢ alfected, s M R ) L S S LA T jwhen it went to a new high of 181, as| The steel industry not only 18 s WOOL MARKET QUIET. . 46 wen| E o roducts at a rate which is|ized for An inqui POSTON., March 2 (Special). Rome: e : AR . T e possiblities of Ven ey roaching whit may be called | fore the tin-plate trade- for 60.000 box 5 | eistont woobi wassdules tod 2 it e m_‘_““:]\ final of 1gmounced | pormal capacity, but is § ing cut- | from Japanese sources "\,(l.:xnutsI:lx Very Hmited stocks were ! S Ern S hanad 2 : b f dently thossiback of (he buying 1 “| put. shightly each week, The esdgencics [ from the Texas coripany for 100090 |ynedium . grades, although consid | Sl 1 2 T v market in a position wh ““",3! could [OF the stee lndustry arc |r":‘x "n all hoe | fine wool was being n!h-n'd.' Fine er-‘ | 4 ! accomplish anything they set out to do. | Plants coud nof S b itore | s, 4 % halt b . ; § ; Creole Svndicate continued in” de- [ PACILY at ang onc time and (0 PICIL - CHEVROLET OUTPUT UP. | o e e R FRRt i ins . 5 ) : ! "“"“'ih'j."Ig:‘,l‘,’,d1;"1‘"",’,‘“‘,3:.?‘3"}'.,.”’ plans Bigh. | Moreover, prices are aistincly . NEW YORK, March 2 (®).—A new | a1 05 and quarter blood at 93a1.00. Fine 5 ., 2 : 2 ' i BT : merge its properties with .(“r;x’xiv “/\H’nm. 2 L production record for February 5| Ohio flecces were quoted generally at o g S e D Do 3 inches up, 1 ! v tee BN new company to be known as the Creole| The automobile industry is pick made by Chevrolet Motor Co. with an | 50a51 grease basis, although some | i Of Tie = 3.0003.2. - ‘ T I * | Betratonn Corporatine s 18 the Oreole] up steadily, with an increase in em- output of 110500 cars and trucks| neisted the ‘bect bid was not| Equitable Fire & Marine inches up. | PGS 3 R . to take over the combined propertics. | ployment notecd i all the big raan against 91,000 in January and 8: = blood at 51a52. three- “Other oil stocks feit the effect of | turing cente . i February, 1027, the pr 5 recor biood at 51 and quarter blood | Insurance Co. profit-taking, although the | il Indastey Improves. ‘,”"“ month " PROVIDENCE Transit managed to make a new ton. The sloww but steady fmpovement in | d the petrolenm industry has begun to ly-i reflected to the consumers. Ju vario . and condi- | X ) J X he i Wall Street Briefs sections, incre i G | ATEM moderate; demand ' new stock, Flor- . pointed type, | xas, barrel crates. round line have been made in Legal investment in opinion of counsel old st W York, and those in close touch with the s ht. Danish type. AMERICAN WOOLEN CO.—A. G.[ation anticipae additional increascs J for Savings Banks in New York, 3 . 1 Pierce, president of American Woolen | from time to dme throughout ti Massachusetts and Connecticut moderate: demand | { g 1 AN 1t 110 10 1 Co, says the period of drastic losses | month, The improvenient in the posi- 1042 | from operations apparently has ended, | tion of crude il has not been marked t about steady: Flor- } g i Gar RN 4-8_dozen, 3.25a | :-3 dozen, 3.00a | n Lettuce—Surplies moderate: demand moderate. ma ket steady: California. | . Iceberg type, 4 dozen. 3.5083.75: 5 dozen. 325a350: few fair quality. 3.00: Florida. 1'.-bushel hampers, big Boston type, few sales, 3.00. | Potato Market Steady. Onions—Supplies light; demiand mod- | erate, market steady: Michigan and | ©Ohio, 100-pound sacks. yellows, U. S. eltine _Corp No. 1. mecium to large size, mostly 3.25, | e few low 2s 3.15. 1 3 Hyzrade Foo Potatoes—Supplies moderate; demand | 11 jminial T moderate, market steady: Michi el e 150-pound sacks, Russet Rurals, | 1 Intertate DN wi 385a4.00, mostly 4.00: Pennsyl-{ 11t Ruv vt and New York. 150-pound sacks, ST preliminary figures for 1927 indicating the company earned in the neighbor- hood of $2.500.000, and about $300.000 after full depreciation charges. ‘The | company’s financial position at the | close of the year was the most satis- factory in a long time. Bank loans were ‘down to $1,300.000, lowest on record, while cash gained during the year to $8,000,000. Working capital was $64,000,000. AMERICAN STEEL FOUNDRIE! American_Steel Foundries is _retiving 2,130 shares of preferred stock. about one-fourth of the outstanding stock. AMERICAN RADIATOR €O —Net profit of American Radiator Co. for| 1927 $12,057.314, equal after pre ferred dividends to $9.17 a share on the average number of common share: | but it has been sufficient to telieve a | jety of many companivs &s o their ¢ cess stocks. Despite the close ‘h of the spentng of the inland ¥ seasor | bituminous coal is still feeling an | depression_and so are the districts which_coal mining is the major indus- try. The rtocks piled up in [ tlon of the strive which was ¢ April 1, 1927, have never been deple sufliciently to allow production at | thing like a satisfactory 13 First River Cargo. The first cargo of the season to be dispatched on the Mississippi Riv from New Orleans to St. Paul s now making its way northward, and the Mississippi promises to carry more frefght this year than at any tine sin The Nashville, Chattarcoga & St. Louis Railway First Mortgage Gold Bonds Dated February 1, 1928 Due February 1, 1978 (1) Secured by direct first lien on 857 miles of road. (2) Since 1904 Company has paid dividends on its stock, of which over 71% is owned by the Louis- ville and Nashville Railroad Co. (3) Application will be made to list these bonds on New York Stock Exchange. round whites, U. S. No. 1, 3.75 r K a8y e N Tt hATes | the days when the Mississippi packets - i : B Idaho, 110-pound sacks. Rurals, U. S| ) l2h'¢ : : sy s | e e o g hoils | were the medium of transpor for ) i g : Sbumied. _ rteona No. 1. 325; New Brunswick. 120-pound | g i ek all goods destined for the West. Price and details on epplication ; S sacks, Green Mountains, U. 8. No. 1./ el sk AR - ~ 5 Announcement that one of nv‘ n;x- : Shae 8340714 Igw sales, 4.00 | Rk . 3 Sev Cor RAILWAY EARNINOS.—Net railway ¢St consumers Is in the market fof : 173495153 Spinach—Supplies heavy: demand i i 1S W i ara operating income of the first 63 rail- |400.000 tons of iron ore indicates tho e e veas ; slow,-market dull; Texas. bushel bas- 1y b shell Tin [ |roads to’ report. January earnings ag- | ihe lake shippivg seson will b 7pe. 90a1.00: some ordi- 3 K i 5 Ty ha' | gregated $30.960.000, against $32.727- | brisk one this ning pric condition. 75. South Carolina 4 MeKeeant T | e o e A 1 000 for January, 1927. Their December L’l! lxm A;}]t‘ xf‘"r\“h by ;"ll‘ ""_ a"")’v".‘\{""t LEX- ROWN ONS top ver barrels, Savoy tyy g 3 HAY 8 R 4 : t was 0,522,000, anuary gross | fixe ‘There ADEE DeLweer 5 > s SRtk atee ’ p 17 B ot paten f : Rl O Friere | 1026 and 1927, but in \m\“ n‘v! t Oldest Banking House in the United States Strawherries—Supplies moderate; de- | tl Prod D41, By 4 were $40° 000, against $42 ,000 | higher steel prices this vear it V\‘;\u i G z e mand mt‘;demte. market slightly strong- e T 81 1 ! ¥ E M [ in Januar year, a drop of 65 per | sib e Ihin‘l“\l(n'm ore may command a 737 15th St. N.W. Main 1035 er: Florida, refrigerator, 50260 per | g i 6 . &1 . 30114 cent. slight advance. L few bt i U ipes s KB [T - o | Demand by consumers for the non- Tomatoes—Supplies light: demand et Food X ¢ COMMERCIAL FAILURES. — Com- | ferrous metals has been good through- tements, 2h not g od to be accurate. leht, market steady: originals, Florida Na 5 . | mercial fatlures in the United States out the week, but ces were shaded CRESHENT AGENT, 6s, ripes and turning. wra) v 13 Meter A 2 ¥ y : decreased in February to 2,176 from | to some customers, according to reports. INSURANCE — VT BRANCHES. pes and turning, pped, fancy 5 5 oount, 7.00a8.00: choice count, 6.50a7.00; B R ! e T % a0 2,643 in January, a drop of 17.7 per Some refiners are reported to have ac Woodward Bulldmg Tepacked in New York City, unknown "k Snep i ’ 100 ¢ o0 cent, R. G. Dunn & Co. reports, but | cepted less than 14 cents a pound for origin, . ripes. wrapped. fancy count, e ; . i t oo Jon% : 1 was 7 per cent above the 2,035 failures | copper. This week was the first time 3.50: choice count, 2.75a3.00; few 3.25. 3 ; At > 1 B0 C in PFebruary, 1927, and the largest for|that lead touched the low point of Sweet Potatoes—Supplies moderate; 7 : : 1001, 1aav, 1o, {any February since 1922, when 23316 cents a pound since 1923, while zinc | demand moderate; market steady. 100, 1000 100, | were recorded. Liabilities. however, fell | was down to 5.40 cents. North Carolina. bushel baskets Nancy o $45,070.042 from $46940.716 in the i i 5 Halls, 165a1.5: Porto Ricans mostly b CAThiEE VEbE IhdiRtG & wiAller avrs| Easter Already Felt. To the Holders of around 150; cloth top barrels Porto on - d S B age per faflure | The effect of Easter has alteady com- cans r qu: cond! 22 Warner ~ | menced to make itself felt on the ap- P i maalipiend THon, 090 ; ki i B war REAL ESTATE MARKET.—A com- | parel trade, and the producers of mili- i pilation by the National Assoclation of | nery and ready-to-wear goods are ex Peas in Moderate Demand. ity : 3% | suten in FOREIGN BONDS Real Estate Boards from official figurcs | tremely busy ies moderate: demand e e SR VAT M Tin 7e 47 DRI 081 of transfers and conveyances recorded | The textile producers are still far CONTINENTAL PAPER & BAG MILLS gkt seady, SMemkn, B %] plikoe T e Lt R Bt B i CORPORATION ower— st inanemise e | Joalks J : Sty gl [by an index figure of 175, against 163 | duction & i nt. @ se5e e : ccember, 1927, and 170 in January ucts are Increasing sales e E L ey oML Sateway slores i b gifg e e 92t i | materially. * They are running now be- e T gy 4 e tween 10 and 12 per cent higher than 1 Cardolin Ay : : 4 MAYTAG CO.- Maytag Co. earned)ut this time a year ago. ‘This is espe- Tl : $384 n share in 1927, against $4.26 n | Cjally true of cigarette distribution. Thanish Chne ) share in 1926, Net income declined to | 7 $6,153.933 from $6,825,491. about steady: Florida, | rv Ein ' s A ) ! | BUICK MOTOR CO-Buick Moto ‘WHEAT TENDS TO SAG ’ | The undersigned have been advised that International Paper Company has L mostly 400 Mext-| 1 RS 1 : Wi B lco. produced 18600 cars in February | As CORN PR|CES RISE this day declared its Exchange Offer in respect of the above-mentioned bonds 4.50; few | &L AL i 3 * | against 17042 n January and 22188 | | Suuthen PAT. war 1303 1 A 2 ., |In February Iast year. " The Mnxrh‘ AEdlle e DO | —_— effective. Holders of the bonds who have hitherto deposited their bonds in ac- | Argentine Crop Advices on Coarse ceptance of the offer will accordingly be entitled to receive on or before March 31, 1928 the 7% Cumulative Preferred Stock of International Paper Company and cash dividend adjustment provided by the offer. First and Refunding Mortgage 6% Per Cent Twenty Year Sinking Fund Gold Bonds, Scrics “A™ 10 establish market el i i ; ) moderate : ! i | tly weak SINCLAIR PIPE LINE CO.— Net profit of Sinclair Pipe Line Co. for 1927 e stock, 2-| was 5,367,980, ugainst $3898.221 in 1 3.50a3.75; | 3 . 1 Standard Ol of Indiana has a Grain Construed as Bullish er crate;| s i g 1al “150 per cent interest in the company. . e ‘-’H’!fl"fl‘"»i 1 of i T ! . .5 |and fts share of 1927 carnings amounts by Chicago Traders. g " kol , 10 $2,683.994 5 e The undersigned have also been advised that International Paper Company Vet It Tio 3 ¥ N i K SAFE-T-STAT CO.E. F. GIliesple | iy qhg Associated Pross has extended the Exchange Offer to and including March 15, 1028 for the benet & Co. have underwritten n new fssue | CHIGAGO, Marc ; i — — of 55,000 shares of common stock of ‘,,‘:,:”“(.,',\ ,‘..,\.l."",l.", m:}‘:"'“;," PPy of the bondholders who have not yet deposited their bonds. t slen Texa AT 4 the Safe stat Co, organized i 1923, Lypeq higher carly today, whereas busi- . bunched 2 u § - ¢ p T ; {for the manufacture of a patented | pess iy wheat lacked volume and the | vt thermio eleetrie temperature dndleator | parket tended to sag. Argentine crop for combustion engines, The company | advices regarding corn were construed has sinee purchased all of the stock fus bullish and today's receipts here | of the W. G. Nagel Electric Co. of fwere smaller, Opening unchanged to By the terms of the offer, International Paper Company agrees to exchange 8'4 shares of its Preferred Stock for each $1000. principal amount of the bonds, with all coupons maturing after August 1, 1927 attached, and to make an appro- :’ ledo, Ohio, :lll\!‘l\ rives it (~unl|n'| of |1y up, corn later showed something of priate dividend adjustment in cash, so that each bondholder exchanging his bonds | 78% Tty 30 patents and permits it to manutac- fan advanee nll around. Wheat started 7 “h P e - " i v r divi s Nave o / i . ! tire & camplela Clactritally Contsoled | O n e b e i I M for such P rcffl:g«_} Stock will be cux;l!{e\l to receive an amount equ.n‘ f" \.n:drnds gl ' N . A ‘ oin .. | nutomobile dashiboard pancl of gauges [went n general setback. Oats were at the rate of 7% per annum on his interest in the shares deliverable under the stwady. plorida Yo ; / e L i EROGER GROCTITY XN BARING Provisions likewise inelined down offer accrued from August 1, 1927 to the date on which the shares of Preferred 5506600, mostly | s Wa ' 21 by . . CO.—Bales of the Kroger Grocery nnd Stock commence to draw dividends, namely, the regular dividend payment date Baking Co. for the four weeks of Feb- " e = | next preceding the date of the issuance and or delivery of such Preferred Stock. o 2 i W EET: A, i & . i et Wl i :,,,’,“:f,',,,:;:;’,',',:‘",}, ! ‘N]"W qu\ MARI\ET?. | (February 1, 1928 coupons which were detached for presentation are to be treated SAYS U. S. TRAVELERS | 5 et i 3 i - A : U perlod, NEW YORIC, March (M) —Rye as attached within the meaning of the Exchange Offer if delivered to the deposi- No. 2 Western, 1200, 1 o, b, New FAVOR AMERICAN SHIPS & tary with the bonds to which they appertain). ward . INTERNATIONAL SILVER €O - In- | York und 187 o | Loexport, Lard) ;. ; ternational Silver Co. enrned $23.61 o | ° ® ddle st 105, Other | SHORT-TERM SECUR'T”‘ share on the common stock 1927, [ Articles unchange S Sy L ater preterred dividends, - compared oL wIth 1725 w share i 1926 ol | wmounted to $1,857.854, ugalnst $1,470,- Acceptance of the offer within the extended period above specified may be made by depositing the bonds with The Chase National Bank of the City of New York, depositary, at its principal oftice, No. Broadway, New York City. Against such deposit the depositary will issue its deposit receint, exchangeable upon surrender thereof for the Preferred Stock and cash dividend adjustment provided by the offer. Notice will be given hereafter of the day when the de- positary will be prepared to make deliveries of the Preferred Stock and cash Km.‘_"'“ Connecticut volving $20,000,- Sompany ‘\;_\:I' n‘All:l .”:‘w,\'"'.:‘..ufllx'“\‘.'<v.»xh\" dividend adjustment which the offer provides will not be later than March 31, i % i i " y ® fratt crop was looked for. with pros- || 1928. i tor Amer- | A v . o 1 FOREIGN EXCHANGE. prets of belter caritigy Wiy year than ¢ Americsr ok ) y |4 ! G ] Quona A by W " [T 1o ) i WILL AUGMENT FLEET. PNy B Dol | 047 The yewr's net sales were $19 NEW YORK, March 2 (9. - Condi- Aerivnd 3 B40.058, tlons I Central Amerien und the Weat il ! il Indies show much lmprovement and . WATER UTILITIES. - Negotiations | progress 15 apparent, Vietor Cutter, | aredn progress for grouptng water ufiti- | president of the United Pt Co, suid | Hes - Weatehester County and south= {on his return from i bustiess tip The From its inception the undersigned have believed that the acceptance of the offer would be in the interests of the bondholders, and they have accordingly accepted it in respect of the bonds owned by them and have recommended to 1 their respective customers that they do likewise. Copies of the Exchange Ofter, hree big IS "“‘4“ v | . o " [ u% ) 5 ot iz Al . " . SRR I f the Deposit Agreement and information circulars which have hitherto been issued WA ':1 bepub-| SIS 1L ST " i I 81 i ; i M i may be obtained upon application to any of the undersigned. You are urged to ORLI It X 1 i : \ oA Ol give the matter your immediate attention. i | ; i ] i | i ;"n'% | ik i . | wib oL | 1001 o or RN FOUNDRY EARNINGS RISE | : ' g 7 L sty o i : | WEW YOS, Mureh 2 W Catips | 3075 el : + R R LR awil i i 0 LI B MAIOICE (439 W ot Fuuntry Co N - 3 FEDERAL LAND BANK BONDS, BUTTER 18 HIGHER, ed $593 u th 142, wgainet | (unted by Aok Brown & Sons Clusing ) were ubde v sall on | A (e L !N i i Jsrd | e wered 3 . 1 gl i v |1 m Wiy Ll Feplsennent & A ton OWNDe KT R Chase Securities Corporation Bankers Trust Company 84,462,700 Lium 844,169 | f b is 15 N ETTR TP Bl A Vi | CHICAGO, Mareh (1 Batter g Si 4 4 Ralmond & Co, 2 Na ) o % 4 0% | Bigher; r , 004 Lubs; crenmnery TREASURY CERTIFICATES. i T JAWS e by e H Afextrns, 480, standards, 48; extra first, [£0, W0 Do \ Continental National Company ‘\.v’: l:“" 4!"‘"‘." firsts, 44udb iy seconds, 40n o Y i "y 2 ” “ saly 1l ) ! e BURLD GG TR T e V \ The Union Trust Company, Cleveland e 1 i P wf A 1oy oo ul EARU s 4 SILVER QUOTATIONS, Y AN fhin 108, NEW YORK, March 2 i 108§ 87, ., doo'a ¥ e, 87, Mealcan, dollars, 43%, Voster o1 R Y RN