Evening Star Newspaper, April 11, 1928, Page 12

FINANCIAL. " THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, APRIL 11,° 1928. FINANCTAT. Morgaee Mones Losed] PRESS CLUB LOMN NEW YORK STOCK EXCHANGE | |LIST STAGES RALLY At Low Interest Rates First Mortgage I‘Oans Tyter & Ruthertord | GONTRACTS SIGNED NI\ ae s i ol ON STOCK MARKET f = = vt gt s s 1520 K Street Main 475 Oven, High. Low. Close. ¢ Low Close High. Low. Close. : s : Money to Loan Refinancing of Building In-|A%y Rumley..." "18 "33 “inw “au | Eisenior s i 2 NY NH&H nf (1) 150 115 High-Money Rate Without| Prompt Replies I Secured by first deed Of trust on real estate. | Adv Rumiey pf. 431 47% 43% ec Auto L(6) 6 N Y Ont & Weat. d0 Prevailing intercst and commission Ahumada Lead. 4% ' 4'n al © Boat. .. o[ N Y Ratfiways pt 10 Albany Papri2). 273 21 Elec Stor Bat(5) 80t 82 9 v North Pao (6), . ) 100% 98 Leads Recovery. Apartments Stores | Will Issue. Allied Chem (6). 1574 160 156 160 | Em-Brantgm(A) 9 9 o' | Norwalk Tire., RIGHT, SLADE & CO Allis Chalm (8). 121 128% 12 \d-John (5). 2 Ol Well Bup, . W . . { e tzvul‘l.‘vm!:'r [T :jzntflnflnlr,s Puh § :m:. 39 L1000 et el 4 ] AT i SV RDWARD ¢ SPONK. merada (2).... 845 iawe | Isngnra PS ne(7) 1104 L0 Gppmcollina(f1) BY GEORGE T. HUGHES. Randall H. Hagner & Company | | New York Stock Exch Contracts providing a loan of $8,450,000 rerevAy T f?m "?“.' T | EquithbleTr(12) 499 Otim Klevatr(11) L 5936 | Special Dispateh to The Star, lew Yorl oc! xchange ontracts pro alo 8,450, { g hpt.. 7 2 3 sa 2) 499 [ 98 Otls Stes! G Star. Chicago Board of Trade. for refinancing the National Press Build- | A™ Bank N¢13). a5 93 1WRR.. 5814 Otis Stel prior (1 DY & 4 NEW YORK, April 11.—Traders in Mortgage Loan Correspondent Am Beet Sug pf. 40 40! Erie 1st pf 4 4 i ing in this clty ‘were sighed Iate yoster- | A Deic S PCe 40 404 40 B st ie Owens Bot (014) stocks recorded from their fright New York Life Insurance Company Stocks and Bonds Bought day in New York by the buiiding cor- | Am Bra Sh 160, it Fairbanks (3).. 4415 447 g - g o §1OVER S e KATABUICES SBRie Y 1321 Connecticut Avenue Main 9700 and Sold for Cash or poration officers and Harris, Forbes & [ Am Brown Bo 141 13 4% | FodLicht(h140) 53 b > b G oL g 1% | rates today. The renewal charge for Do £ Tows, AMRGHEbAT 81 0. DLINEW |18 s Gan o3 s (AN ER 8L 5% | Fed Min&S(10). 130 13 ATRBet (B 4 74 | call funds was 6 per cent, the highest CARRIED ON MARGIN | Cun pf (7).. 145% 146 Fed MotT(f80¢) 19 y 2 that and the same e York and Faxon, Gade & Co. of Boston. | AmCar&Fdy (6). 1054 106% B | 28 Phod Tns(hy. 211 an-Am|West Bt 24% for the more than a year, THE MAYFLOWER HOTEL Under contracts, $6.250,000 in 51, per | A™ Chain pf (7) 1008 100% First NatS(13) 29 : soulioneage. sl 14% | rate which had brought out the wave ~ cent first mortgage bonds will be sold by [ A Chicle (3).. 82 84w Fisk Rubber. ... 15 o | Parmt-Fam(18) 8 of selling that had carried prices down Conmecticnt Avenue ot Do Sales 8L | Forbes: & Co. and other firms, | AM Drug (80c). 14% 15% 5% | Fletschmann(3) e b i 20w |50 sharply vesterday. It had no effect Telephone Main 370 | 00,000 in 615 per cent general [ A Kncau(40) €6i 71k 664 TN | Fox Film A (4). 24 | Pathe xehanua W 8w Ay |today. On the contrary, stocks rallied. mortgage bonds will be sold by Faxon, | AN & O oW, . 24 250 Freeport (15%). 82% S 82% S44 | paiino(a 97 1-3) Whatever the opinion of economists | 2 W 108 may be, or whatever the statistical po- ]/2 0/0 Resident Partner | Gade & Co. in Boston and Love, Ma- | 4m&0 Po pr(7) 10 & b absalSnub A, : : Beeriuan Matar b | | comber & The proceeds wili be | ‘::;l.l(l<:;:;ltf:fll ::. iz.\’ 56 i, | Gardner anfi.. 1 | Penick & For k 30 4 | sition may show, speculators were con- used to pay off outstanding bonds and | (\' oo l.n‘ e REr e Gen Am Tnk(4). w7 Penn Dix Cm 315 | Aident that money would be easier before | O e 95501000 Natloria) [ AT 1S [HRlA) (e 5 M| Gen As ; 8 Pa Dix Ct pf(7). 9 it was higher. The n’u‘;;l‘v’:/'nl:l r';om;?gé The new issue of 6.2 ational st 3 4 : 3 Sk \ et Jiaw. The y was Press Building first «losed) mortgage | A 1o b (6)-0 S i b ey Hoeneabte. . 30 an | Poopte'a C 5 6 Plentiful early fn the day with no sign | Loans on Real Estate sinking fund 5', per cent gold bonds | \y vk Foam : e , X N Peoria & i g 45 | of calling of loans. Banks, especially L was placed on the market tc The |\ Linseed. . y 3 Pe A 3 |those in the interior, found the 6 per 3,5 or 10 Year bonds are dated April 15, 16 nd due |y Linsd pro7) 4 214 1 € thy: . 5 § Phila Cotkd).... 15 55 cent return attractice, as well they in 1950, being priced at 100 NLET- | Am Locomot(S) 105ty 108% 105 9 C Sp(60c L Phrla & RC : might, and shortly after noon the ratc, OUR ECONOMICAL PLAN OF MAKING est, giving a yield of §'; per cent Am Mch&Fdy (2) 156 161% 136 161 | GoN (iasA(ol14) rls 3 3 for new loans opened to 5'2 per cent. | LOANS WILL APPEAL TO YOU e : S i Am Metals (3).. 44% 443 Fen Motors (5 g H s ularity. | securca by First Mortgage. | A0 NS00 ! T Gen Outdr Ad() : . 200 29% 2 e e e Residences, Apartments and Business Prop The bonds will be secured by a firs| 4 Gen Outdr Ad(4) 53ty | Plerce-Arrow... 124 There was still iregularity, some s e e !rlwod mortgage on the land. buildi: Am Radiator (5) 14 s11, 1 Gen Ry Sig (5). ‘ Pierce-Arrow pf clines and many quotations practical- ¢ %) # . -' arby gomery land fixtures owned in fee. The Real| X\ jrabubiie » Gen Refrac (3). }| Plerce OII... ‘ |1y unchanged on the day. Neverthele ounty, Md., and mearby Virginia. | Estate Title Insurance Co. and the | Gilletie Raz (5). 74 105 7u, | Pier e the market gave a good account of Columbia Title Insurance Co. will issue c (3 Gimbel Bros. ... U Yy Pierce Petroim. ., self. e ’lk:clr title guarantee policy in the | Sy . H GImbl Br pf(7). 96 g 3 Pillsbury (160) 1 v9 General Motors led the rally today. as S AN PH 0 amount of $6.250000, the fotal ISSUE | Am Smelting(8) 1850s 1874, i v Pillsbry pf(6%) 112% 113% 1121 113% | it had the reaction on the day before. AND ‘{undel‘ this mortgage, guaranteeing that Ams& Ry k«n uxl; i?]x“ Gold Dust (3).. 9 Pitts Coal 4 g 48 Opening fractionally higher, it advanced | the mortgage securing these bonds is & | Am Suuff ¢ e . 0% | GoodrichRub(4) . Pitts Coal pf. 3 $1% | until it showed a net gain over the pre- Founded 1907 first lien on the real estate owned in fee. | A Stl Fdys (3) 63% 65 Su | Goodrich pf(7). Pitts&W Va(6). 15 3 ceding close of between 4 and 5 poln!la. Yo NDEN a 792,335 | Am Sugar pi ™ LS 5 9 stum (5). ... s i it S 08 WD DRI D0~ | ATk Bl adia s Ha A 3 Pr St C 71U tlons on the floor. The confidence 1417 K St Main 9300 o 000 general mortgage 6': per cent|am 3 9 v y I’rod & Refiners 2 shown by the organized supporters of i - Money Available for {bonds, $200.000 unsecured motes. | Am b . ; am 26 126 126 126 | PubServ NJ(2). S had the effect on the rest of ' 181,260,000 preferred stock and cn‘i,o(:» Am TobaccoB(8) 167% | 7 Gitahan s \'] LAl the list w}l;irh wufic':;l:ll;t'l:fl l;:::l!:d;:- i V! ck. | 4 0 g P - - am- Le. 4 39 NJ pfe?). v 2 S S - FIRST DEED OF _Jiaacs ot o pe e o i | Am yas bois) B35 i |armmhen ans A aci 2k 125 | Bomeof (ha s couramsout ool o TRUST LOANS !set as $893.624, and allowances for| Am WiV& ; 6 o8 | Ot Nertn pf (8) 100 Pullman Co (4). 6 5 | the decline retreated. operating_expernses, maintenances, in- | AmWWIStbf(6) 103 105 105 GrtNor O (1%) L G 2 Electric Auto-Lite was 4 feature, up (¢4 | surance and taxes other than deex:l m Writ Pacifs 14l 144 Grt Wtn Sug 2.8( i g over 12 points as it cros l - e © taxes have been estimated at $215.202. | Am Zinc. 29% 30w . fadio Corpor ks Manville was taken in large bloci Il 7 G ‘ - ll|Net available for interest, Federal | Am Zinc pf. Pl Radio Co pf (3% American Can worked higher and Gen. easonable Commi Itaxes, etc., but before depreciation, | Anaconda (3)... B8 3 $ 7 N ' | Reading Ry (4). 1 3 4 eral Electric came back from an early Pro e el ta Amplications ||| would be §676.422, And the annual in- | ArmourDel pr(7) sgt fon | Gulf Mo & Nor.., Reading 24 (2) 5 2% | Secession. It was not diffcult to at-| este nvestments — - terest charges on ihese bonds, $343.750, | Armouroflli(A) 13t 13% 13t 131s] Gu ek N PL(6). 6106 | Real Silk Hos : tract a following in the low-priced JAMES F. SHEA | The mortgage will provide for a|Armour. lil(B). 31 e i |t Stes Bted) x 61| Remingtn-Ran stocks, such as Middle States Oil, once | : : & o |cumulative sinking fund to begin | Armour LI pf(7) 6% T6% 7 26w | Hartman A (2).. 26y ¢ 3 .| Rem-Rd 1st(7). Y o they displayed activity on the side of | For the Consideration of Those Who 643 Louisiana Ave. N.W. October 15, 1931, which it is estimated | Arnold Con & Co 4o% 46 | Hartmn B(1.20) % i Reo Motr(1.20). 25 . advance. American Ice responded to| Value Their Money. A A | will retire over $1.000,000 of these ::T.Eg Gz 3 mu‘:vlmhed W (3). n | Re 1e4). 24 | the optimistic statement of the presi- JORNER N Bty Atch T8 Fo ri “"lfl. 3 g Horshey of (4). 74 Reynolds 2:"‘1;; ? At A UIIECE youe: Luveitmcats vo the ackl fast vl Gould Reports Bank’s Best Year. | Atchizon pt (5). 10% 10 108" | Hershey pr pf( Y 3+ | ReynldsTobB(5) » $ Brooklyn Edison Stands Out. | R I“"锑 as F"'" ;i. ‘d"“‘".: return. Invest in ¥y 3 # _ | At Coast L(110) 151y Ix2 s 152 | Hoe & Co A Richfield O(g1). 3 P Pt Brooklyn Edison stood out among the eal state First Mortgage Notes on improved Flrst Mortgage i 'v%:%‘gmnnr e AUGuire Wi, i din 2., | Hollander & Son ; Reis Robt & Co. 10 utilities above 256 at the highest for all | Washington property. Here real estate values are : Savings Bank was held yesterday at A:l ":’\‘;:fi«?‘);. :n:. 57 3 ::::!::h(;‘l:‘t:!‘l. :{zm]unm.- 6).. 1 . 9% 2 time. Speculation was renewedhl.n q:-‘ sound because the ‘m,‘.h ofs Washington i:' based Applicatians Tisied ll| Alexandria, Va. and the following | Atlec ~a§m,' 120% 124 | (fRe— un' ). 6 5 ol oo 4 5 local tractions, Intf‘r:orguchk: ‘( on the constantly expanding business of running the directors were re-elected to serve for : Howe Sound () BIN ; E e Brooklyn-Manhattan, with the stocks o Covartiishi | the ensuing year " 5 - Hud M st bt s St Jos Lead (13) 3 3 9 both at the high of the movemen' | Ov iod of PO 4 6 e ). bot4 StL & SunF (18) Other utilities were more or less strong, ver a period of years, banks, trust companies, I 5 6% i | wfig‘:mfi. meml;: 1’-‘,;(,,'::5"{ | Austin-Nic 3 240, | Hudson Mot (5) 904 Y & P notably Columbia Gas. lawyers who invest for estates, have bought millions at Hupp Mot (1.40) 53 3% 5 h f dollars of Sh & Luchs 6% Fi | Groom, George Hayes, Charles J. Kap- | < doi 20w o : . The copper stocks which were of dollars of Shannon uchs 6% First Mortgage 57 Dler, Charles H. Kindle, L. Hoyt Lamb, | AUioSales pt(3) ' 33% 35 Ulinois Cen (7). 1404 Swn pf (5). 4 X prominent earlier in the week met Notes on Washington real estate. The careful || Sesse B. K. Lee, Bdward F. Pickford, | +'%%'P2P & (3) v 4ok 11l Cent pf (6).1 St 13X 1384 | Savage Arms profit-taking, but absorbed it _fautly judgment of these experienced men can well be 3. C. Pyles, Edwin E. Roberts, E. Hume | Baldwin Loc (7) 273 273 273 273 | !ndepOil (1)... 3 | s 34 6 2 well. Some reaction would not be sur- | vour guide to safe investment and profitable return. Talbert John P. F. White, E. P, Wil- | Bald Loco pf (7) 123% 124% 123% 124% | ndian Mot (135 : Se prising, in view of the rise these shares | y Al liams and E. S. Woife, Balto& U (6)... 116% 119% 116% 1191 | indian Retining. 3 4 ¢ 24 |have enjoyed. United States Steel w More detailed information is contained in a On Qualified Properties [[f| The president reporied to the stock- [Bang & Ar (3%) 74 G4~ 74 74 | [ndian Refy ctis 1 ’ % . ; more irregular, fluctuating in a narrow | valuable free book entitled “An Investment of holders that the bank had shown steady | 547K 0f Am (12)1425 1428 1330 1330 | iDBersoll R(r6). ula v ¢ 2%). range around yesterday's close. Nor| Proven Safety.” A copy should be possessed by in the | progress throughout the past year and | BABKofCom(18) 650 650 645 649 |iMId St (DT6X). 5 5i% biv | Seneca Copper.. 2 2 24 | was much interest taken in the rails | every investor, large or small. Write, telephone or | that there had been a gain in deposits | Bank ofMan(16) 627 650 637 o4y | \nspiration Copr : 224 3 Shattuck I G (2) during the first half of the session call for your copy. x District of Columbi | the i Barnet Leather. 27 27 2% InterboroRap Tr Shell Un (1.40)." = 27 | * Stimulated by the drop in call money ’ pY- ke — $230.777.43 &sjstunl:n“mu“ mfi‘ O | Barnsdall A.... zd% ziw #3w Sge| Intcontl Rub(l) 13 Shllbe: T 3.8 to'31; per cent, the market became in- | oaadb o g ggrmmaciion'idber mng‘m Beechnut (13).. 79m 79% 794 791, | ANternat Agri... 17 9% {.Stmmons Co (3). 6 creasingly strong in the afternoon and | - s - Glover & Flather [|| T ot csons o wo s | B bros &) 133 1wn ou 1on | I dsrissivrior 61" o | Simma Pere 21 28 iy grew. General Motors extend: N & LUCHS | 482, He reported that the bank had | BEIERYS DLd1z syh wow v sy | IDCBUS Ma (8). 1264 12D 1 26% | 2 ed its gain and other stocks fell into| A0 bt | " | Best & Co (3) 66% 66% 6 6 o 69 . dltg E ice of New Jersey was | . 1508 H St. N.W. pad 22 per cent dividend 1o 115 S0k~ | goihicham Stesl - 621k 4 sor con | 0t Com ing e 50 | Slos 120w 12 | e o & newshigh: Tor First Mortgage Investments holders during the year and there had . W bW 63011, Comb 4 . in urgent demand a igl e - been an increase in undivided profits | Beth Steel pf(7) 120% 1.0% 120% 1z0% | {at Gomb pET). 103 3 : 5 16 |the present no-par shares. | Telephone Main 2345 14357K Street Northwest of over 20 per cent. The bank now has | ploommgda T 3T ITe 870 g i 1 ; 3 4 2% 40 National Dairy Products was likewise | a capital of $50,000, surplus of $50,000 | JoS AW CIAU) 79 70 0 70 | (Lisceh urd.20) 104 ou Cal Ed(rts) 2 e 2| Ebeding @ onwlet et 40" S | and undivided profits of $36,575. Nordea Al ey 100 1™ 1o e Sh itnt Mee Marine 14 | South Duiries A : s | e e e | At the annual meeting of the direc- | ;o (rights R “- % | in Mer Mar pr. i | South Dairies 8. % Ward advanced 5 points. hn . h‘m; | tors, held today, the following officers | LO0 ™ (TN ao aa o LRt Niokel (3. .. y outh Pac (6)... 12 : 3 | priced group: Oase’ Threshing, Mac | were re-elected: Ezra Gould, president: | up., oy \yro'inco v 24 2% T2 g puperc2.40) " sthern Ry (8) i was conspicuously strong and so was | R. H. Bagby, vice president; Thomas | pritih iR Ee 25 208 8 29| (ni Puper pf (7)..106 outh Ry pf(5).. Union Carbide and Carbon. | J. Groom, vice president and cashier; . 4 7 7 | | | | 1 | | sty St vl MORTGAGES Bkiyn-Edison(8 251 255 251 2574 | ANt Tel & Tel (6) 157 15 picer Mfg..... A. S. Offutt and Joseph M. McCarthy, . : . s - - it ST W, Davh 7+ | Biiyn-Man (4). “70% 74 701 72y | 181and Creek (4) ;:;'(‘;’&“L‘;&‘;)-‘ 3 BUTTER IS LOWER. Bkiyn-Man pf(§ 90% 91% 90 v | Jewel T . : | ant cashier, and M. H. Buckingham, . 9L ea (4)... 5 2 b4 ik 11 (#).—Butter assistant secretary g BklynUnGas(5). 149% 149% 149% 1497 | Jonns-Maran(3) 12 127 4G &E 'm‘fil;’,‘c;‘oopku,AT -3 Are You Sure BrownSh %) o 2 . 29% 24 y s f e i s EBERRSSON, S W S o [ ria e, S e 3 oGl i | i, T andras il o STEADY INCOME 2 ‘ of $5.000?. e .l | | Washington Gas stock led lm;lh!l’ 2 ] s ‘l‘:"\;‘fi'"cs"’ gy I8N % [ 8td OLINY (1.60) sou A is th isf ould vou like 1o sure | surprisingly lively trading session of the | g 2 2 E R | Kayser J (5) 7 | Std Plate Glass. § 21,708 case Y —1s S S ; of receiving $5,000 in 120 { local Stock Exchange (oday, 545 shares | Burns Brosa sy 95" 95 4o 44 | Keltn-Albee § Stewart-War (6) | firsts, 26: storage packed extras, 2 s the most satisfactory ke e e S [ | Sloci openca ot 50 and the day The BushTerm(g2) 62 83 . 6l 63 |ioiiy.Soring.... siw - Sie 2|8 ). 62 60 &2 | firsts, 203 return that any investment antee is amount en an || | & eVt | ButteCop&Z.. 6% 7 . E S 7 o — | - | mace el s i the o | BULSESIAE 10 10w 103 Ligr S | Sun ot ) a T o » WOOL TRADE QUIET. can be asked to make. Let i when 10 shares got the r price of Dosis: BT 3 Cor ) 8 3 b m i ! . o 8% - Kennecott C(5). ; Superior Oil. E E BOSTON, April 11 (Special).—Trad- 2 '3 inc - Then mail the coupon be- || |90, Includedn o Sues wore 8 | : ot et Kinney (G R). uperior Steei .. 2 ey et Bty {a (o Bokion wool | safety of principal be as low for details of this |l | 27800 B0 0 | Calit Packg (4). 5% 6% Tom T6% | Kraft (8la) : e 684 634 | Sweets of Amer. 5 market, reflecting the inclination of sured and the investment is thaler again drew attention, | Sl Petm (1).e 270 2T 278 -t o L S Tenn Copper (1) 2 mills to wait for more favorable con S opening st 103 and ciosing up % of | CalllarARE loiw 102 1008 fi::'"u‘s):i")l ?1‘)'. O2te 1023 1031 102 | TexaR Corpn (3) diffond I LR o B e Over a Third ideal. In our . ‘There re seven transactions pr P ! i~ Tex Gulf Sul (4. A 3 ritory was quoted at 1.17a1.22 clean | P Cohimbia Sand 4 Gravel preterred, | g :,m"r e Tox & Pacitio. 37 13 basis: French combing at L10a1.12 ; i ving being recorded b mbert (1513). % 108% 119% | Tex Pac C & Oil. 3 half at al.15, three-eighths of a You may invest larger or [ [S005 Bank siocks were out Com- | Cananeriouacas S0y $327 208 212 | Les Tire K. it '1813 | Tox Land Trat n % e 3% Dlooa st 1030107, and quarier blood 6% FIRST MORTGAGES swialler waewets —av'Siitle - || | Sorpiat: Motlomal selling st 300° 10 the | con ‘_m"“l_”' e B f:-i“ Lehigh PCmt.. 62l 621y 524 | The Fair (2.40). 9 4 8 at 95a1.00. Fine Ohio fleeces ‘r-:r‘rl 1 Century shar tional 3 B S X : 4 108% 1048 39 3 s s: { as $630 monthly. Mail | extent of 35 shares, and National Bank | Cent Alloy (2).. 30 30 2% zi»vL:::::\"-Ll«’;ru; I 100w o 100% | Mhemey Rio A 5 h'::a'gdn.;on‘sglsthrsf'fl:mtffiwd il b ; . PP Coupon "WS.L3" siaey. e i e 1 J(112), 828 328 324 323 | Lehn & Fink(3) Sl Wiy Bl% | TidewaterAsOil, 6 6t | 5152, and quarter blood at 5: 1 Without a safety of principal and L b - g&MyersB(15° 100t 107% 106% | Tidewater OII 80 221y = 22 i oss BEEC) 4 gS § e !‘u;.:t:;;fi:.;:;aimm Sy (L:;ri\;;:-.-?mic; .n;: 53: m;?: t;"hfi‘ ,,;.1',,‘,, 1 147 | Timken (15)..., 20 2% COTTON GOODS A(J‘I‘IVI;:.X | hisids i hend Uncbrtainty { & (G i 3 " ma Loco ( 6 ¥ 56 | Tobac Prod (m), 4 3 ( al). — o ' 4 3 Barr Bidg., Washington Commercial National Co. preferred sold | Chandler Motpf. 17 18 17 A0 Car IR, AW Tk 1R il Etaneron - A A BTG el el Sy Telephone Franklin 1879 at 105, National Union Fire Insurance | Chat-Ph Bk(16), 665 670 640 Loew's Inc (3).. 0% 69% 707 | Transue & W(1) " | of activity today. Print cloths were | and instability are mnever |Co. at 24, Pederal-American Co. com- | Ches & Ohio(10) 195% 199 195% Loewln pi64) 10: 102 | e ? o 1%t s%. for €8x13, and re- | 8 ¥ 1 b6 Raw silk gained 10 points in an mmi\ est degree. | Seven shares of Peoples Drug Stores Long-Beil (A) . 4 1 4 preferred moved at 127%. Sanitary | C ! Loose.-WiI(1.60) &2 r - Union € 6). 1607 § s Grocery preferred, which reached & new | Ch! & East J1L,.. 40 Lorillard Co. ... Un O1l Cal( [ market. high yesterday, recorded two five-share | Chi & East 11l pf 69% 71% Lorillard pf(7 2 Unlon Fae (10) % it ias sales today at 109, off a pojut. Bonds | ChiGreat West,. 124 12% 12 g 'Louislunn 01 U kagide pi ¢£) RUBBER DECLINES. « p Chi Gt West pt.. 76% 214 26% & LOuING 3) . : 1 Union Tank (5). 2004 120% 12 i ere quiet, but firm T i s e T oy oo B4 | United Bis(160) 4% 383 34t 3 NEW YORK, April 11 (Special) — B F l , I Second’s Branch Opens Aprll 30, | Chi M & StEpE 44" 41o ¢ : BL AL | udCreStcs0e) 31 1 B0t 0% | Crude rubber, smoked ribbed sheets, de- o . 5 Lud) 2) o Victor B. Deyber, president of the |Chi& Nwn (4).. 86 &8 A WIESY) & Utd Car Stpr(6) 114 clined %y at loday's noon quotation of | Becond National Bank, announced to-|Chi e Tool(6), 136% 136% 134 11 SATAIINIRGY.. AR 4y Utd Fruit(1i 44 ) 4 | 18%. This compares with 26 a month | Main 2100 925 15th St. N.W dny that the handsome new office | Chi Ri&kPuc (6). 115 115% 114% o g b et ol il HE P TN e - st 29 1oth'St. N.W. street branch will be thrown open nilds (2.40) 2 2 o : 2 s X 4 Famacs the'publlc on Mondsy, April 30. Spe- | Chile Co (11430 1zn izn 4zn 4 e S STV 28 D K Sl MERGER PROGRESSING. | . cial invitations are sent to prom- | Chrysier Corp(3 71 71% 70 e e TR o ey 44 2 CITY, N. J., April 11 (®).— "HERE \ U 3 3 N Business Home fnent bankers and business men, and | City Stores (B). #4 B4~ k3w K3y | MadBaGn 1) b US IdAIf pfC7) 121 121 1. JERARY OITY. N. 4. Apetl MY o-|lll THERE IS 2 FOR SAFETY Magma Cop (3 I 3 John A. Topping, P the occasion will be made & gala event, | Cluett-Peab(s). 104 104 1003 104 | MAEMA Cop (3). v ld G 84% | jje Tron & Steel Co., informed stock- forin It Is necessary to have the opening on | Coca-Cola (6).. W66l 169% 156w 169 | Malllson & Co... 26u 2 PR LeRtHIEA. - - holders at the annual meeting today {the first business day of the week in(Collins& Alk (4) 9415 96 94 96 | Manal Bases P “ 1 7 7 :J Reulty (4)., ! 5 | that progress was being made in the .. lorder that the branch may be moved | Collina&A pr(1) 107 1074 106y 107% | Sandel (24). .. ; AL merger with Trumbull Steel, and trans- Wholesale Organization back from i temporary location on | Col buel & lron. 14 "1 70w 7em | MUL Bl mi (035 B8 Bests 8], ¢ actions would be concluded in a short ew York avenue late - | Co 3 I Ul 5% Y6Y Shirt (2 a5 e 4 S * sets. l4ay. Incidentally the housewarming |C 100% 100" 10gra | Man Shirt 2).... 3 M 47 | US Steel (7) Sia 148 time for taking over its asset will come on & Government pay day, | C %8 88 88 y X ey iy : 48 85 B8 | Market Street. ., y ¥ 3 X Only ’4 It-‘;/‘mahor; Will Attend Richmond Session, Com 1oy Tr 960, 7% :Z,‘ 7;;'4. f;: Market 8t prior. 4 el Unt Loaf Tob(3) 81 3 NI‘:BSD“‘SE fx‘(llflfifl(fl:l‘. el APPLICATIONS INVITED squares from 14th an Among the Washington bankers who | Com Solvents(8) 174 1741 174 = 174 | Mariand Oil.... Unt Pipe & R 2 . Apr —Rye | F Gtreets N.W.—Im- |will attend the annual meeting of the |Com Fowr (13).. 7% 4% 2% T4 fi:::,"f.‘f“"n‘fl:"; Wi Ut PALLACe 8 4 : ;,‘::,d{imr':n: 1‘;:’:’:'.';‘,\‘[:3:‘ 1‘:;?1! for LOANS on g e | Btockholder® Association of the Ped:|Conde Nast(2).. by B0 B0 s g Vanadinm 8 (4 5 ; D . proved by a 3-story |SOPROCTIT mank of Richmond next | Congoleum-Nair 26w 27y og% 27 | May Dept8(4).. ' 4 | Vick Cham (431 8 i steady; Middle Weat, 11 9881203, Other | IMPROVED PROPERTY fireproof building In | Priday are H. H. McKee, president of | . ot Maytag (13).... 31 Victor Talkg(4), articles unchanged. { . 8 1% 5% 77% | MetroG pf(1.89) which there is over |the National Capital Bank: Robert V KB (7). WO KG% 6% RO% | Mexican Seab... Viator pr pr (1), . Shes | Pleming, president, and George O, Vass, | col® Al J ] vaOurs Cnex 150 are fee | vies o prpfe6ly; 101 101 101 101 | Miami Cop (1) 9 4 e Sy 4 SILVER QUOTATIONS. 15000 square feet Of |yjce president, Riggs National, John R pEcT): 104% 108 106w 108 | 18 Contiasnt Va-CarCh 6% pt floor space.—Building |Poole. president. and W. J. Waller, Vice | Gouo) Disteibur 1w 1% 1% 1% | Middle Btate Vivaudou (h10), 2 2 o NEW YORK, ‘April 11 () —Bar| Located in the District of Columbia faces 429, feet on a | Bomam of St B e i (), A 1AM LA (4B saolist oA :v".‘ 'l""" ey " SIVRrEOT s MR IS T | ., and adjacent Suburbs of Montgomery fine street and goes |District National: Vietor B. Deyber, | couir 0dia 104% nd pe(113 219 abanh........ 7 i e S baekc €0 828100k ugved | president Becond Nationsi; Ployd E.|Comeinern 130 20w : : 2 N | Wabash pE A () PHILADELPHIA CO. INCOME. | and Prince Georges Counties, Md. by Davis, president, and John W. Brawner . W) alley e Loty srational 1% ! 1055 | Walworth (1.20) NEW YORK, April 11 _(#).—Con-| lley. [ vice president, o ncoln’ Nationa < . 3 B " | Ward Baking B, 21 24 21% 241, | solidated net income of the Philadelphia | ‘ Heard in Vinancial Distriet, o 7% | Minsour Pao pf. 113v | Ward Bak pf (1) P Co. for 1927 was $11,526,008, equal after " y 2 | Montans Pow (b) 1 165 | Warner Pio A, a2 | preferred dividends to' $8.87 A share of 1 . j Most desirable for RE- |peopaiman Joho ’,'f,,,,l?.';;.d:f,‘,,,,,,'m,'f Cont C vp0s 1084 Montgmry W (18) 1209 1ty | Warner-Quin i on the common stock, against $10,109,- | TAIL or WHOLESALE en- | hss called a special meeting of his gont dnaur (8., 8¢ i Moon Motor. iy | Warner Quin ? A 392, or $8.33 a share, in 1926, | | : ) TS| Cont Mout (806) 124 18 12w 1274 | Mother L (be).. i Nl Ay | Warren Brow(4) | committee for Priday afternoon at head-| oo oq ¢ Motion Plo Corp, WarF&ipe Cor terprise where a large | quarters oty Ine (gh). . " Motor Meter A 7 L Dairy Add) Public offering is being made today of | Albert 8. Gately, vice president of the eter ] | tock must be contibuously | iy i icibiesieel (6) Motor Whi (2)., i DI the $6.250,000 National Press Building stock mu tnuously | Lincoln Natonal Bank. has received | opyg / Muilins Mg ... ontob (Washinglon, D. ©) first (closed) INTEREST | Fix Dosttion as Boy oo Executive ut 4 Murray Corp.... i 0 4 ' mortgage sinking fund d1p per cent gold Qerrn Haute, Ind, and going o Keno ne Hu pt 26 | nagh Sot (16%) ’ Went Pacifio, 3 g 47 [bonds due April 18, 1930, by Harris, ” "at Terrs Hautle, he s ":mu;nx,r.. i3 28% | Nut Aome (sta), 1f West I'acitio pt, I\ i I'\nrluml.l ‘Sn.‘nm\ Love, Macomber & | , _ m ), 2 p 24 7 1 West Unlon (§), 16 i 4| Co. The bonds are priced at 100 Can be bought at an AD- | had briliant siccess W incressing the e ydeg 14 17| Nat Loitun e Waathae 4 8.(4) R | Nat Wisoult (i Westlehie t4). . v ) | A fi fi , v to | | | i carried H. L. RUST COMPANY | Hunton Jeith of Washington Chapter, | curiis Aero rix w | NutDuiry (3) White k) b ' Yellaw o RN dE A L B, are motoring 0 PUshirgh 1| Guyamel Kruit, , i b Gaw | Nat :'"’::I:I",“:" b Y Whie Motora(1) i Youngstu Sh(6). Nin N NGy | attend the annual banguet of the Pitts Nat i White lock (4), 3 3 i ] Y. Market L”"""-':/'ff B";':k"tj; ’A:";":",'",’/I"fl o DG Waept 6% 60% 604 * 60% | NatParkBk(24), 3 :;’::‘_fm pen ' " she avgve sanie || The PRUDENTIAL INSURANCE ew Yo gxchunge for U kol Vet Powk i 26% 4N 284 4 ) aro tho 0 ¢ R NON &L CH Uime, has muny personsl friends i this | §omg iy 189 8L AR0 .« Th) LE L (it ; A 48 | wilkon M e s uartety halt'. i }?fi.{flm‘- COMPANY OF AMERICA SHANNO? _& LUCH] city. The eleetion comes on May 14, | peiteflitia®s Jon 20% Nat Ry Mex 2., % W g Wilson & Co pf. , y Tr‘ L lln-"{“ T "sack 1 B i VANTAGEOUS FIGURE, | 70 3, Raberts, Sames A Boper and T.| Curilsn Asro (1) T2 10 T Thw | N0L S0 RIANS 614 | Wenton K CALL MAIN 2345 FOR | b ) o Juvinon Chem., A4% 4% A4 4h | Nat Distiliers pt 4 LOA S urgh Chapler Dol & Mud (9).. 151% L82% 178 182% | Nat lnamel & B, a6 | White Hew Much 4 1441500 OAN CORRESPONDENT FURTHER DETAILS E. M. Bimmons, who bns Just been | B0 W 000" 146y, 148 146% 146 | Nat Lead (6). ... W20 i Willys-Overland " 2hin , SHH00 ¥ pome, 2948700 21 p d 21% With the new stores included, sales | Dodge pf (1).... 1% 13 Nat Bupply (16) Woolworth (h),, 1 s 185 In etock. | Business Proyerty Department | of the Childs Co. for March snd the | Drug Ing, y NatUTaw (4).,.. 2004 2004 ) Worthn Pump.. A PN 0 i 1;4"'.'“ Jate "t:; 1001 15th Street N.W. Main 8100 | rst quarter decressed 93 and 1.5 per| Dui S8 & Atian, Nevade © (1%), 21w 214 3 | Worth Pump(i) avahle Tn oash | 1435 K Bueet NW. | centrespectively. Bales in March were | Dunhfl Int (4), bAd A A ook b B S T T \ | 82286424, sgainst $2,522429, and for | DuPont deNc1h) 579 ax4 479 W INY ), 177% 180 riwiey . P ] N ve | the nm.g'uum were $6,619,922, sgainst ' Du Pont deb (8) . 120% 120% 1204 120 | N Y CABUL(6), 140 1401y YalekTown1h), Tl Tl 70 0 $7,479,1 Dupontdeb (rig) % % W % NYCBULPEA) 1004 1004 1004 YalesTownerta 1 A 1 1} NYAIRB (1), 48 4% o | Wriaht Aero (¥) 4