Evening Star Newspaper, March 22, 1928, Page 14

e FINANCIAL® THE EVENING STAR, WASHINGTON, D. C. THURSDAY. MARCH 22, 1928 FINANCIAL. CAPITAL TRACTION \l NEW YORK STOCK EXCHANGE | STOCKS AGAIN RISE We Will Purchase WALKER HOTEL CORP. 8% BONDS International Bank Bond Dept. 807 15th St. ] Abitib! Power a] Corn Prad nf (1) 141k | Min st P& 4Tl iy 4o 48 Abranmastraus. 10 1494 10 Kan & ARt 8R4 HTly 88| | I WILL SELL Units Real Estate Mortgage & Guaranty, @ 10. 100 Wardman Mortgage & Discount, @ 85';. Coty tne (g5) ra 103 Adatns Kap 180 February Net $7,507 Over | Atane Bxbris) o 1w | adv Ru, Total for Same Month Last | snunsnasess '3 Year, Report Shows. Mo K&T 106 106 1060 1050 | Missony a4 a0 9 Missourt Pae bf. 1117 112 Montana Pow b 160% 1641 Montgmry Wets 139% 141 Moon Motor.... 6ix 6 Mather L. t60e). Chares Absorb Wave of; Realizing and Then Start } Moving Upward. SALESMAN —capable of selling high- - Alr Reductn(8). 1951 193% 1804 191 ) Cudanve W Air Reductn (2). 64w 64 63 64 | “urtiss Aere (1) 49 F. H. Smith 71,7 Pfd., @ 83'5. 180 National Mortgage & Al Rubber . 11% 1A B 1IN Curtis pf (1715). Motion Ple Corp. TK.2,151 878 SM. / [ laxka dunea. o 3 3u [Cushmn's (841, Motor Aleter A i Sro aTk $8B €31 SH ment Common Old, @ 1. ¢ First Mortgage Bonds £ AR § e [ oton WhT oF 545,363 200 Miller Train Control—Bid. unequivocally guaranteed ST -. STONE. Aibany Papr rts 24 i . Mullins Mee. ... BY GEORGE T. HUGHES. jensocs "y Bucranteec BY SDWARD G ST0 | Allied Cheim 81 160 10 1 158 | Pavieon ¢ Munsingwr (3). o %n"n’mm'Am"u“ o Ask for Mr. Adams. 9715, THOMAS L. HUME 1412 G Street Main 1346 De Beers(a2.90). Deered’o ufii) Del & Hud 19) ., Special Dispateh to The Star. NEW YORK, March 22.—The stock market successfully absorbed today the i heaviest realizing scen n_the present | Toral zrom assets . stage of the advance, Yielding tem- | Deductio porarily, it rallied sharply in the last Hour, demonstrating its astonishing re- cuperative power. The rails took a large part in the late advance, but the in- | dustrial favorites came back readily. The opening had been higher all around, with new peaks for the leaders and all the accompaniments of specu- Jative ferver that have now become so familiar. Then about midday a deluge of sell- itz orders appeared, coming doubtless from both bear operators and holders who had accumulated large profits on | !he the upturn. For a time the market| “Scraphook this for futurs - ference, | wlaxsz(-zmdundrr llwlolx\\asl:uaht.v "1";\“ i ol e | three leaders—General Motors. Un States Steel and General Electric— co' TON PRICE STEADY | came down from their early highs in Murray Corp .. 16674 | Nash Mot ¢1514) Del L& W (7). 1434 | Nash & Chat «7) DRGWstpt... 5 56 | Nat Acme (sta). Detroit KA (K).. 12 182 1801 18014 | Nat Hellas Hesn Diamond M« t4) 1614 NatiHess of(7) roiigan Gl at Biscuit (17) Dodge of 170, Name Mines (1). Drug Ine . Dut S8 & Atlan, DunhiEint (4) Dulont deN¢10) | Net tncome of the Capital Tractin | Atlied Cm bt (7) 12 4 12214 122 : o for February shows A Eain Of | Allis Chalm +€). 1281y 128 1204 129% $7.597.15 over the corresponding month | aAmal Leather . 124 2% 12 12 fn 1927, the monthly report filed today | Amal Leather pf 75 75 75 T with the Public Utilities Commission | Amers ... 80% 81 30% #hows TCRm Nt 194 Iat The traction company’s net this vear | am AsriChut.. &7% 6% was £52.072.84, compared with $44.475.69 | Am Bank Net3). 23 &3 M February, 1927. Operating revenues ( Am Bu D2 21 n February of this year also exceeded | Am B; PEO TN 074, against| Am Browe Bov. 144 14y Am Can 2). fets PER SHARE ANALYSIS. Farel Nhare, Real Estate Mortgage and Guaranty Corp. 26 Jackson Pl N.W. Phone Main 1403 > 3 > % will, o, demrciat Nat Bise pf (7). Nat Unsh H(A)3 Natt Dairy 3) . for common Loans Arranged to Meet Your Requirements 3 Am Can pf (7 v last | AmCar&Fay against Am Chicle (3. gain was re- | Am Drug t P d s operating in- | Am 6l 661y eome which s at $80.033.97, com- | Am Kz 161 1804 IN2 10 red wi 0,086.73 in February, 1927. | Am & For Pow.. 24 240 The number of revenue passengers :”M:‘;I':Lhn 106l 1054 u.»‘»:. 1064 rri s T iy m Hide & Lea. % Firoars of ihis Near was 4800436, | A Hute LuF. st 53| Kleo POLY bt (1) egeinst 4.634.185 & year ago. | Am Ho P 240y, t4'n 64l | Kivo Kefrigeratn e e lamicerzui., | Elec Stor Bat 8y Gain for Two Months. [ Am lce uf 16). BrantgmiA) Nat Enamel &' S NAt Lead (5) NatLead nfB(6) al l'ow& Lt 1) Radiator3) Nat Supply (16) Nat Surety (10) Nevada Cilw). N Y AlBrad).. to 8240, Februar od the compan: t ¥ for fur- hack of this You can’t use one set of plans for every type of building. Neither can vou set up any standard loan form to fit every horrower's requirements. That's why we view every loan problem pre- sented to us as an individual case for particular 1071 165y > S C StL i Comparisons for the first two months | A0 internatie2 1 John 06).... NYC&StL pf rts |the case of the first two to show nef c g o = 2] * of mepix. sent year also show & gain in | AM Lakr&Foum 5 5 » Pub 8 Y I L losses om the day. But support ap- AT SMALL ADVAN E trmlm'f-m,_ And we arrange a loan to fit the bor- the company’s net income. The January | A™ Linseed. ... 95 95 s S pfe2) NY & Hurlem(5) peared, and after a furious battle the | rower’s ability to meet his payments easily. Bnd February net amounted to $108.- | A™ Lucomot(8) 1104 vty 110 110 ‘uupl«“ RS NYNH&Hart(1) decline was checked and the list | - ) ' 7 . NH&H vt ) [ steadied : | Am Men&Fdy (3) 173 172 172 | 113 for the SaME | L\ wgiuis (3)ae 40% 40 404 404 | Erie lat of. Am Metal rts o w w A Metais o) 120 1214 120 |Am P& LLaD. Tsw Gen T8 248.38, against $107. period & vear ago. Oper: YOnt& Wn,. NY Steam vt (8) Niag Fod (1%) orfolk South Trade Buying and Active Demand ' Rest of List Irregular. - While pressure on the leaders was at | From Commission Houses Are | its height the rest of the list moved | B:F. SAULE €O Fairbanks (3) rea LRGNt 4 Fed L&T vf (8). ating revenues for the two 3 B e o e 0b e tn compatieon | AM Rudistor (8) 142t; 1424 140 Fet NorT1 rhve) Norfolk& Wit with remarkable rregularity. _Stocks Reported Today. i Main 2100 925 15th W, with $579.980.44. Operating income was | A™ 127129 1T ¥4 Phoe Insib). NotAm 010% 81K like Victor Talking Machine, Collins & | 2 | $579.9 S 3 Boks il North Am pf (3) Atkman and U. S. Industrial Alcohol e | ' NorAm Kd pf(7) broke badly without stopping advances ' Br the Associated Press. in other issues. St. Louis-San Fran-| NEW YORK, March 22.—The eotton 16326254, compared With $162.450.76 | . EE'S ¢ o I3 * o2 59N 89 | wisk Rubber. ... H ompany reported 8 gross income | o 40 40 39n 3V | wieischmanni3). Nentwian v s .l'rh company -mem n(:sma T | Am Ship & Com. 4% MO it i b Not Pae ~fueb). cisco, for instance, approaching 118/ market opened steady today at a de- | o, i e Awm Smeitingi$) 1790 1 Fox Fiim A 140, 781y | Northn Cent (4) sold at the highest in the history of | against $165.003.62 for the correspond- thg period 3 year ago. The number of | pasengers carried in the first two | months in 1928 was 10001838, com- | 3™ S Y . e pared with 10.151.258 a vear ago. Frchedmgetie i B 0T » comparing the February siatement | A7 SUEaF January of this year. it is noted | the first month of 1928 revealed | ‘aiger net earnings after all deductions AR e operating expenses. taxes and other | (o Tosaceoii. 1 1674 1664 1661 charges. being $56.175.54 against the | ., 1op,ccomi¥) 1671 167 166t 1664 | ‘TN Clars () dbove mentioned net of $S2UT2B4 |\ Tobue pIe6) 119 120 1191a 120i | Gen Clgars pt (7 et Lively Today. | Am Type kot 1200 1234 1213 1224 | 'ien Kleo ire). . B e Iy session of the | AM Tyve bfeTa. 1134 114% 1ls3 1141} Genkiec spiGoc) In an unusilly K Sange prices | Am WWABI(el) o7k oTh obh Gen Fashington Stock Exchan, | 7 5% [ es ey O oy and trading active n | ATW WISUOE6) 103 104 102 104 % the reorganized road. Radio fluctuated |cline of 1 to 3 points in response to \lnh-mly‘.! dipping almost 10 poliits and |rather indifferent Liverpool cables and | then coming back. a favorable view of the weather map. | Volume of business was of record-|Offerings were comparatively light. breaking proportions. In the first three | There seemed to be some trade buying, hours the turnover was at the rate of land the market soon steadied up on a 4,000,000 shares for a full day. The moderately active demand from com- | ticker fell far behind in recording ac-|mission houses and recent sellers. May | tual sales on the floor. advanced to 19.45. while October sold | o et bttt L DL bl Lo bl s as ever at the opening and further [yesterday's closing quotations. The mar- violent advances were recorded in the |ket was steady within a point or two leaders. General Motors, which had [of these figures at the end of the first closed at 177%, opened at 179 for a|hour. block of 7,000 shares. In 15 minutes| Private cabies said there had been it had crosscd 180, both these prices |liquidation and hedge selling in Liver- Am S & Rofi7), 134% 135% 134 Am Snult 12).. dodle 1a%% 15 Am U Fdvs (3) 67ty Frank-S pf (7)., LIS E A RVTTRNY Freeport (131;). Als 8 9| Gminibus fFuller prpfe6). 1034 1034 103y 103' | Oyanibus pf 18), abriel Snub A, 18% 16% Ovpmtolhne: f4) Gardner Motor.. 13% 114 Ousisvarri17) Gen Am T 685 Bry s steel. ..., Otis Sti orior(7) Outler Co (4).., Outlet Co pf (7). Owens Bot 1e14) Pacing Gas 1), Puc Gas & EI rts ac LIl Stubi Pag Tel & Te Pac Tel & Tel pt Sup.... A Long Span The Metropolitan has faithfully served the Capital for well over a century. and looks forward to further years of use- fulness—to individuals, firms and cor- porations, demanding The Best in Woulen..... 2% 34 22w 2% |GenG & ElA) Packard Mot 0 Pt F etk # oead different issues. Washington | A% Sen Mo 5 # being new high records for all time. |pool early, with rallies later on loca 1 ac again was the most interesting | A% Wovlenof . il B Swla 38|00 oiT ) - One'lot of 13,200 shares changed hands | buying and trade calling, influenced by Banking. tock on the board, climbing to 90's. N b o | Gen Vutyr Ad(2 at 180, representing in terms of cash ’lhe strength of tian cotton. which Panhandie .. ... Parmt-Fam(i8). Park & Tilfora. . Park Utah(80c). . 20w 9 9 T B tiv 1" |aenoutdr asier Doy 6% iTa bbly | Uen Ky Sik (b). - 5 S| Gen Refrac 13). A3 13 ] Gillene itaa 5). Am Zime. . Am Zine pf Anacundas «3) | Armour ofiticA) $2.376.600. ‘Thereafter in fast and !showel advances of 9 to 33 points in furious trading the price was pushed up | the Liverpool market. above 181 betcre the reaction set in. United - States Steel and General | PRICED? ?Afl nfnmsr. hot far from its high for the year of on Savings * ° 2 National » | Armour ofli B dla Vathe U | “8in 764 iimbel Bros. ... s . Electric_were the two other early fe | old e e o oAbl Gimbl Br uf (7). Suthekx o tures. Steel started in with 3.500 mar:;{ PARIS. March 22 ().—Prices were | S ihares b 6 cent | Artioom (3).... &2t &2 t;l.dden Co..... riess Motor . at 151, up a point ;A:?ed Eto J(— \stn‘cy m‘;m:',lfonne Wahy. '{Enmsper-! Oldest / i Potomac Electric Power § per ArtMewst (%), 31 Sl 30 30 |Gldden prpti1) Penich B PO point gain of the dey before. .| cent rentes, 67 francs, 65 centimes 5 per Nathdos iweferred was strong, opening at 112100 "5 G A (os 6w 4din dow | B0l Du Penn C & Cok Toor pushed ahead to 152 before thé |cent loan, 88 francs 5. centimes: hr; Ind closing at 1121y The 3i2 Pet 00t | L[ (o) pom ¢ 18ty ISy 187 1884 venn Dix Cnite2) realizing made itself felt. —General |exchange on London, 124 francs 2| ank in § — Atch T&S Xn Penn R R 13%). Electric was brought into line at the centimes. The dollar was quoted at 25 District Capital. Sursius and “Usdrvided Profite; Oves $2.000.000.40 3t 3la om 3k Atchison bt (1. 106% 107 1064 1075 or & | AUUOASELATIO) INL3 1% (NOW Lnbly At Renning (41 111% 1113 110 110 ) B Be 2ok s |Sotham Hof (1) tary Grocery preferred opened at R RO UL S TR | ot 3, and closed at 107. Another trans- | Ausuib-Nichols. o o, g | Granby Con Min Jos Auto Sares 10 106 o for was recorded in Terminal Refriger-| TN SRER 5iis 00 NS ga ase | GriNorth uf 15) gmx&wmmmnw Autostrap & 13). <1 41 46 46 |Gt Norotetas) start and made to sell above 148, where | francs 40!, centimes. it was higher :‘hnn the presl;nl m:l-p:‘:r et by R i vi shares have ever sold, an | ;::‘\::u: higher than ever before in the, SHORT-TERM SECURITIES. history of the company. (Reported by J. & W Selizman & o | General Electric Supported. | AT General Electric came down like | almers 8y 7 Steel and General Motors, but, like | Ani™s %"t the other two, it also received support. :‘u' conda Copper Be 1 In other words, the interests back of the long advance were not to be dis- lodged withoua & fight. ! Hupp Motors was one of the out- standing features. It had opened up 2 noints at a new high, with enormous blocks changing hands on the risc. Two hours later it was back to where it started. with trading in'as great vol- | ume as ever. International Nickel acted similarly. Rushed up to 98 at the open- ing, when the shorts were being driven in, it came down, canceling nearly all the gain when profit-taking appeared. FEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Sons. Closing ) Mattrity Bud. Asked A T 194131 10 Goodvr 18t p1i7) Guthm Hos 12%. Sothm new 12l . by »54 Peaples ias (8) Pere Marq (18). Pere Marq pf(5) PhilaCos % pti3) RCH jan ; chares of Merchants’ 4 i'wue preferred appeared on the| [ L L ey H | Col:v:\bil 15th St., Opposite U. S. Treasury el Atias Tack Y | Phil Morris(1). . Flhullips-Jon 14), Phillips Pet 1% . Phoenix pt (7). Pierce-Arrow. .. Pierce OII. . I'ierce Petroim. 1 Pilisbury «1 80), Pitisbry pteely out. Union Trust GriNerO 1), Smpeiin point o} yajawin Loe 17) 273 2774 273 276N Grt W Sus 1 50 . . 1154 116% 114 116 | Ut West S ptd) i Eight shares of Washington Medical | uajio& Oof (4) »2 53 = ¥2 w3 |iireenCanan... 3ullding stock brought 137. This was | gampgr pre6t%) 108% 109% 108%_1u9% | Guantanamo Sug ihe first tranfer of this issue SiNCe 1|y i 's A 3g) 5 45 75 io |tull Mo& Nor.. jr2s listed on the exchange many months | ..y or Am (123 747 755 742 743 | Gull States Steel igo. In the bond division Washinglon | y .k ordlani16) 607 607 600 600 | yocxn, Sas 6s. series A. sold at 1065 while the | ua 'yl ganer. 56 36 46 36 | acknsy ", i POLO- | 1iyrundl Arbzty) o'y 13% zi% il Electric Consolidated 5s 10 32000 | oy Uk Crgarars, 150% 150 1294 130 | parumn Bi120). ver brought 103%:. Beacon Oll..... Lila 14% ld Helme G W i Two more local issues were quoted|geecnurer3).. ™ 0. 7 79 |00l Fx-dividend today. Norfolk & Washing- | u.iqine Bros «2) 20 20 20 20 |gerchey pf4).. on Steamboat Co. and Merchants'| ygig Rysyf4.12. 57 B7 864 26% | Heruny vr pf(6) nsfer & Storage preferred. Best & Co (3)... 63 63 624 62| oam CoA. February Motor Output Higher. | Setbiehem Steel bih 61% 54 594 | ioilunder & So i Motor vehicle production in _the 1195 119% 119s 1195 | Homentake (17). B T pumenger I G e e fts, of Wl 830w according ¥ g % : Ballo & U 16) "WV 3 Porto Rico To A 1’0140 Kico To B Postum Prod & Refners Pub Serv NJ«2). Pub Serv pf(6). 106 106 Pub SE&G LI(8) 109% 109'% PullmanCo (4). ¥6% 6% Punta Aleg Sug. | Pure O1: (ste) Purity Bak B | Radio Corp ot A Radio Cpf (3%) RS1ICefs (4). Reading Ry 41, Wilk) i : % Grand Trunl Hu ol N « TIIIS Corporation naturally has every desire to protect its own money against loss. When you buy Guaranty First Mortgage Se- Inton i 1 Pac 167 167 164 H Sound (4) ars and 32538 were trucks, i | Borden (rights). 4% 4% 4% 4 ' u::'u.nu-.z'n. #o the Depactwent of Oomumetee. T1te | tosion & 64 64 6L 64 |pua Manpf (b). jtompares W 4 T CATS | yrigke MfE Lo, 5 25% 14 24' | judson Mot 1b) jand trucks in Japuary and 304763 10 | keyian Emove. 3% @% Ba 3| Huuy Mout)40) | Reading 1a 13- ‘ebruary, 7. Com | Briush Empzd. ¥ 5 s 8 3 S8le 13! o 7 for January and February totals 555.- | Hkiyn-Bdisou 8 226% L29% 226% 229% | LlinoisCen (7). 138 l.,;‘h m&: 1381 :ul‘:lf:‘n“’r::"d- 1015 vehicles, against 543,690 for the | .., n sian6). 65'a Go%a €d% 663 | INDEDOIL1)... 250 LB Lok Ib% ® . | | curities, therefore, you may be certain that we have made ample provision for vour safety. For we have placed our own capital, surplus ‘ H { + L4 H H 4 . . i H + + % { + + ; E and reserves of more than $3.400,000 at stake ! + b § 3 05424 i isame period in 1927 Bkiyn Un 150 150 159 150 | indian Mot (1%) 47% R 18T, Canadian production for Pebruary t0- | urownsn.e: W85 i 4T 48 | indian Reniog. 1its 2:::;’1::‘?;::; glhd 12504 motor vehicles, BEAINSL| yrungwick B¢3) 35 18 378 3aw | indin Helk cife ool 463 for January and 18,655 for Pebru- | yrunawik Ter.. 1% 1o ixi 184 | INEersoll Rifs). Repirasu e, ry, 1977, Production for the st 10 | yieyrus krie+1) 31% 3l 30% 3o LI SULTEL ). Revoelds Spass. imonths totaled 20967 passenger Cams|iyucyrusev z'%) 8t Anh 58 sl | (00ANd SU LT e g nd trucks, against 34031 for January | gucyrus Epfe7) 11t 111 311 113 | ‘eswi | Riel . NICKEL PLATE SURPLUS. NEW YORK, March 22 (®.—The % New York, Chicago & St. Louls (Nickel | ¢ in an unequivocal guarantee of full payment of your principal and 6% interest. Denomina- $1.000. $300 and $250. Maturities 1 tion Rets. Itobt & Co. Plate) reports surplus of $215.506 for schilling 10 v s 5 9 | > e to 10 years. nd Peoruary, 1927. ;::: :(uc;:lr::; ; 0 o s H February, after charges, against sur- | hudavest”beogo. 0 ) ; : b Heard in Financial Distriet. { “um.“m A18) "",‘,. "‘,,"l 95 “,",' internat Agi plus of $334,225 for February last year. Descriptive Circulars on Request Gross revenues were $4,197,395, against $4,122,003 a year ago. Stockholm, e NEW YORK, March 22 (#).—Fareign SINCLAIR CONSOLIDATED OIL.— | oychanges steady: quotations in cents: Elisha Walker of Blair & Co. has been clectod @ director_of Sinclair (Consol- | Cu 310" oy R e ban b 4801 s, | idated Oil €o. succeeding Harry Bron-| h ner. also of Blair & Co. France—Demand, 3.93%: cables, 3.93%. ! S1 Jos Lead (13) The Eastern Regional Savings Con-| hrares biosatsy. sow 31 o9 59 |10t Akricul prior gfrm a_two-day session in GerasBrosstil) Wi $3% 99! 1y | Wt Bus M {New York today. Beveral local bankett |, rougnegt4). 159 1591 196%a 1578, | 100 Uomant 1) .. Jpisned s Attend. but sany WeveE ] Suie e BL° “Pow says | IRECICER 09) take in the session of the Bouthemn|,gp Ter TR TR | ey g.o:;fl:r',nu at Richmond on April 5! g iieCop &7 3% 6 b ¢ |inter Hatprat). 3 104 Hiodien ufi3.20) | BuicaaBuperi3) 108 l‘:;\. 1&; 10w | L der Marine. 3 StLaNun i (18). W | SL&SKran(ris) 50 1St L&Southwe: 246% | 81 L Swa uf ¢ 144 | Suvace Armi H2' | senuite (3 4' | Seaba Air Line. REAL ESTATE MORTGAGE & GUARANTY CORPORATION 1" The Mareh meeting of the local Bank | g oAt 0T ¥~omen's Club takes place on the 26th. |, e & ‘e 107% tus's 99 | 1ot Mer M. % 8% focoi e B, Italy—Demand, 5.28; cables, 5.28 {This is aiso the annual meetings, And | gyer & Copf (1) 110% 110% 110 1107 | Lt Nick u 4 R ST ‘”‘:;'.'"5"‘;;'"‘ P i 26 JACKSON PLACE pers will hear reports and (rANSSCt | uy produets 12) 134 34 A ver't 7 e annns e Pty o and, 4023\ (::ii!-l wer vt (1) W6\ Shattuck ¥ (G (2) ) 26.69: Sweden, 26.83',: Denmark, 26.80: lother business i “The Becurity Club anticipates a k- | Caiif Packg ¢ led nouse tonight when its annual play | Calif Petm (1).. U 8 Leather.. U8 Leather A P Switzerland, 19.26; Spain, 16.79; Greece. 1.321;; Poland. 11.35: Crechoslovakia, | 6% 75‘.] 10t ity Cen 26 26 | butl Bilver. 4U% | Shell Un «1 401, 168 | Shubert The (6) Capital Resources, $3,400,000 e —— PSPPI PP S S S : ' P 2 ” . . 1 osented i the Wardman Park The- | Ca) Fetm cfs (1) 26 26 | inuiSiiver ris 29's ! Simmons 12)... U 8 Lea vr pi(]) 109 296%,; Jugoslavia, 1.76: Austria, 14.10: ‘WZ"’""‘ " o Letsanen e, . - 2y 2wl iw Telw Fei i) 1074] Simors Pote US Hewity (4).. 0 Rumania, .62; Argentina, 42.72; Brazil, i The monthly bulletin of the District | Calunjet & Are 977 yily | lowa Central... 41 Sincin O - ool o 12.03: Tokio, 47.00; Shanghai, 63.37':: | Montreal, 100.09%. 80 | Sincluir pf (8), 117% | Skeiiv it 2y L0 21 2l | yewer rea 4). .. L4 61 | sonny-Marani3) 208% 2180 | Jyun tirom Vew. {Raniers’ Association appeared today. It | Calu & Hecls 12) feontains the committees for the coming | Canbry G Aleid) iennual convention and many announce- | Can |'acif ) USSmelt (3%). 4 USSmuf3%) 5 TREASURY CERTIFICATES. | : 3 USSieel (1) .0 150 ments vital W members. | amaThreshui®) 95 306 93 301 | ordan Motor... b I The general convention committee of | Case Thr pfi7). 125% 130% 1 115 b et H:. .“'.:"‘;.'“:"" 1 (Revorted by J. & W Seligman & Co » Yne Benkers' Association holds its first | Cent Alloy (2).. 30 30 244 | Kan City Bouth S0 1'o1 1216 $112) N Rate—Maturity B n T4 South Callf Kd. . i imeeting tomorrow aflernoon at head- | Jen ity NJ (112) 315 317 315 316 Dusriers in the Becker Bullding on P | Jer00e Pascuid) 66 Gulh 65 6 sireet . | Certain Teed 140 L% ibia bals hbh e Establishment and Operation of | Certo Coryni14) 93 73 78 73 | Keith-Albee-rp Credit Buresus” has been selected as Chand Cleve. 6% B4 6 6 | Kelth-Al-Opf(7) the annual essay contest Chandier Mot 30uth Duiries A. South uiries i, South 'ae 1), .. Suuthern ity «8) South ity pf (5). vanadium (14), Vick Chem 4, Victor Talkg(4) Victor @ ul (8. What's Your Average? 16 16 15% 15| helly DU . the Sopie " 2 { Haven 12) . VIRV . URN back over . > for students in Washington Chapter. A. | S5100) 9% S10. 805 819 | KON LA IE). 1ot ) g N back over the years you T B, the three winners being awarded | Chi & Alton..... T% 7% T% 7% | hesnecott Cib). 1y EVERYMAN'S have been making invest- 196% 196% 195 1967 6 6 16 76 1% 12 1% 1% 26\ L6'a Zhw Zih ript 1 the June bankers' convention. | Ches & Onio:l ¢ American Stores Co. Reports, b The annual report of the American |( 484 ments and consider your average profit from specula- tions. Weigh your losses Spicer MK, ... SUU&E %), G & K4 INVESTMENT Vivadou (b10), ., Vulcan Detin. B H) ). AY GEORGE T. RUGHES, | #ones Co. which recently purchased|Chi MU&BIP.. 285 26% 28 26 Kiewetd W) 1) To | S Milt 430 . \Vabesh ‘the 19 Old Dutch Market Btores inthis | Chi Mil & BLP pf 424 42% 4l 42 " *Sndu Cainzig) Waldor 3 ’ R 3 S eity. shows for the year ended Decem- | Chi & Mwn 4y ®h Bhla BE B | Lako ON 1 1be) . B1% | SWOILNI 1) ) \::” ;il.;:n\:t ° Values and Market Prices. against your profits, add in your div W5 | W OUNY (I 80) 18% | S1d la vz |SW G ber 31, 1927, net ineome of $7442.922 | Chi Poe Tool (8) 137% 140 137% 138 |'cambert (1iy). fer depreciation and Pedersl taxes, | Chi Ri&Pac (6). 111% 112% 110% 1104 | Lew Tire & ub, $4.22 n share earned on | CH 1 & P ot (8) 1025% 102 102 1020 | Lenigh\ ul CHiGpotsTi, 109 109 109 109 |iahn& ¥ Chi Yel Cabudy, 0 4% a2 a3 1 Chride (2 4v). . 43ty 44 43 4t People who ask whether the stock | \ieml_s. and compute your net return. ‘l‘;ryru:‘on or u\m:‘ .-Ir wu‘"\ni’t““‘ Has it been more than 6% ? If it hasn® or down can obtain material for an . % investi > g A Y e B you aren't investing your money wisely. cise of a little common sense. In the | - , preceding article in this serles some- | The time, thought and labor attached Ward Hik of (1) Warner P10 A, eguiv $1.761 403 no par shares of stock This eomperes with 87357475, or 8417 & share, in the previous year. After de- » Az Bav i 60). 4N & Myerniib) 1070 Ca Studebnker (h), guction of @ Surpius for the | ChileCo i2W) P9 40 a9 Lak&Myornis 16) Logly 1 ur o7 N - 4 e » ¢ e was §3.362281. against $3.215730 | Christ) B 1200 120 125% 120 | Cin & M oL a7y, 1i0w Aubmarine toat. Weat Wito ureTy 1154 118% b s “,“v‘:‘,‘n‘{',‘,‘:',““af,,“w":‘.';':,:'“'::k; to buying and selling for a profit is W 1976 Grose sales for 1927 were | Uhrvaies Cor 13) 64% ods 63% 63% | Line Locu (4),, Gn'e Sun Ol wul),,,. ‘ A4, B cor N " 3 g Went DAlryAC4) tidy prices. Now let us look at values worth money to you and it should sh $120.068 567 compared with $116962,- iy ®iores (B T »T KT KT |LinCert 13600, 744 Auperion il .., Western buiry B I8 Suppose it Is an automobile stock, for | A ™ 3 t should show 22 in previous 3 | Crearitia sp et RO I LT AR R Symington. .o Went Mary TR tnstance, that is under consideration | up in your return. Otherwise you shoutd o “oew Inc p . $aly We know in the first place that the consider the advantages of buying Firs 18%% | it M Wl . . ving kirst o A 3 " prias renn Copper (1) : motor car Industry is Intensely com- 'ty ) e NEW YORK. March 22 UP.—Rquip- | Coll SR iil B e b (97 R » Gull Bul () st S| an era of Drice cutting w‘mlunu n -‘n’»' Rheem & Hensey Company, where you ' ment inguiries include locomotive | oot y b 7 ' ty 10 consumer being able to get more for his e s s tenders for the Atchison, Topeka & |ColoSoulsi o) T3 9 10 31 ) [ dollar than he has ever been able to Are "’i""fi:“ of a steady 6% return, year Fante Fe. 500 steel underframes for DOK | 0} (8% wf 4165 108 106~ 108 008 | it Beeatosy i ¥ 44 | before. The first question, then, is how in and vear out, without any personal for the Beaboard A line and 300 | " Y " White Hoeki vy, Hls dds this particular company I8 going to fare ont i 9 i bt cars for the Atlantic Coast Line | il 44 W 0 A R 0 White Sew Mach 40 3 under theee conditions, Wil it be able nthmlmn on .\m':r part at all. And you Railroad American Tank Cer has an | ;o0 P TR e o ) Willys-Overiand 28 Uil v to sell the automoblle In quantity and | are also sure that the origin o oréer trom the Proyane Corporation. | ConCSISE WL S8 8 ekl 4 10 110 Avesie, . AR R T Fontably With % many other manufac- | of vour invest 5 L sl Erie, Pa., for three 11000-gallon WnX | Com in Ts uf 6% 96% oty 9% 9t oy bt (8) homp d f13.60) Wilon & Co.o.0 Lit urers occupying the same fleld® Now ¥ ment will be returned to care g fo Ve 1Tats 170 1741 | D0ek Fiuek (8) Vlawa e Aw il Witwan Uo yi A, 18 S5 | that is & problem which special fnancial you intact at a specified time, > sy R4 14 Lh I Vackey ‘:' % Tidewates Ol B0 ke Ll Wi 1 e ‘ml i ;w" WosBocy ; . . 1 o Ay A | ke BT 0, ke V8. WavtRers o187 fa investor, speculator if you ehoose, should | "hie . & e REMINGTON TYPEWRITER. b :f.r.: b aA’r0d (m) . 1004 10w | warsnn b 204 B0y make up his own mind about the selling | Which do you prefer?. We are here NEW YORK, Mereh 22 (&) —Net! 120 1.0 g il i o 4 appeal of the car itsslf before he decides | to serve you if you are looking ‘or sncome of Reminglon Typewrier Go.|* TG TG e L gy i about taking & position i the stock | safety and oo of mi x Tor 1927 wes $2,150.263, sgainst $2.- R B A sl piw| Wi W Rl 1B This fs, of course, only a preliminary, | Ay d peace of mind after your 807348 1o 1036 This ts eoucl afier Cure Py, 102 102% 102% 102 | Man K0 Buw 1hY, Volluw bruok, . S0 G4 40 0% | DUt It 18 an essential preliminary, Aft investment has been made. Preferred dividends. 1w §2157 & share! ConCIEPTULSY, Yl Bt WY b | Man Kok (AB) Udwa-EI ¥ (4), . Wy et BhiB) B0% D0y Nely Mg | that he may consider whether ", 2 1% 1% | Man whi 140 142 BB 141 | Market 81 pyior 1B% 108 1035 1048, 0% % G0 Toy B By A B DT 4 Un Magal Union Carb rly Subem on N Y Mk high priced, medium priced or the lower | WL RO, 10 m e I:rm.o'nn prf‘:a cars which are likely to be in the y : test relative demand, He must give 41000 w3000 | Gibideration o the degree of diversin: R.hm qu’ 0 ut of the company in swnfl'e“‘ 8 CQu o0 ke common, sgeinst $1875 & share | | {the year betore | TIN SALES LARGER, 20 8% 28 280 | Mathiess Ynion Tunk p T 12 " 1 attention should ba wnml i NEW YORK, March 22 ) - Aside | Container 15 69 My a2 P | Moy b Uyitediding 60), i Wl loss 1 meral level of prosperity, a! b \ from en sctive call for Un, Uhe markel Cont Baking A .. Bbn S1% A4 Bbte | Maviax 194) e Bisowr pri1) K LRI ST T O though the experience of recent vears TETA9Mh. Stveet, XX, WashingonRe 1 for non-terrous melals "., rather quiet kg 1 IO L TR i TRERTT 2 G 25 | RS R ) I ! M . shows that automobiles will be bought | the pest week. Sales of tin were larger Wak of 18). U8l WA b4 i ; Utd Cri 81 of(8) [ I anle 1e A stk even 1l other necessities have o be | £0 Yaour N Jins for any week w far ibis year, iom: on B0 Y74 Un nited Deue 19) ot iy 2ot | S, S0 et s Pavalie Waorificed. None of these paits 15 i | y 58 Years I ithout Loss to An Investor igineering & Mining Journsl reports. | Con o wbla KA KR . B i Ut Fruiti by 1l I [ Yoy " @ | 1tself conclusive nor for that matter ave et of copper. Jesd Bnd ppe were I i e 1) " [ USCIPEKI0 | Bk \ they final taken altogether. There vey 0 63 . ook i \he ted wolume, bul prices held on 8 Pais, ; 630 KD Midiand ufi 112y 2 U8 Pmer bt iy ‘1‘,";,,,. i ,,‘“'; A M qup | TPM2 08 the position of the s s T4 Cwin bivd aib),, G0 T8% T 16 Minn & Bt Lous 4 UB Hoinan () iy 3» ‘uy | »