Evening Star Newspaper, May 28, 1928, Page 11

FINANCIAL WOOLS ARE HIGHER. bing - half bipod . at 112al.15; three-ejghths “blood, at '1.05a1.10, and guarter blood, 1.00a1.02. Ohio grade feeces Yange from 49 to 56 cents, grease COPPER ADVANCE HELPS. NEW_YORK, May 28 (#).—The ad- put of sulphuric acid this year, its main source of revenue, promises to be the largest in_the company" ry. Unlisted Stocks & Bonds Bousht or SMITH-HENDE 414 Southern Blde. ___ Mortgages Investments JAMES Y. PENNEBAKER Main5328 1520K St. N.W. M LeRoy Gofi Insurance Specialist All Branches Transacted 613 Woodward Bldg. Main 340 First Mortgage Loan Applications Invited —on Washington busi- ness and residential property. Our methods ehmmate red tape and ~delay. * Low, Interest -Rates and Commission B. F. SAUL CO. M. 2100 925 15th St. "REAL ESTATE LOANS 5% & 5%% Homes, Ap-runuu and Business ropmm DislrictolCoh-b'n Exchagpeed ERSON & CO. e || | too, went below Friday's closing. The. in number I umber of high coupon rafls which sold at large | | premiums early in the year has nnw INTRADING TODAY Prices of Best Grade Issues Generally Lower—Higher Money Is Factor. BY CHARLES F. SPEARE. Special Dispatch to The Star. NEW YORK, May 28.—Absence of any general demand for bonds and the prospect of another week or 10 days of 6 per cent call money created an un- settled market situation today. amounted to from four to six Even with the lmprovenLenc in the yleld on these bonds there no greap de- mand for them. The ordinary bluyers of this class of ities are 0.t of the market and are using their funds in call Joans at 6 per cent. They expect to get bonds cheaper during the Summer and to take advantage, as they did a year ago, of market conditions that develop when there is a large amount of undistributed material sight at less than original prices. ‘The break today of 2} points in Aus- tralian 4%4s illustrated the difficulty in trying to sell low coupon issues. These bonds were originally offered three y were avail- has gone well recently has sold at & premium is the German General Elec- tric 6s, which are up a point since they has taken place while a number of the German municipal and provincial bonds have beén declining. An early announcement of the new Treasury financing is anticipated. This June 15 maturities. On aoccount of the stiffening up in the money market the past month - the -terms on which the new Government securities will be of- fered must be more attractive than any during the past lndlutums are tlut long-term bonds on about a 3% per cent basis will be used this time rather than short-term Treasury certificates. There was very uifll change today in the Government list, although legal corporation bonds and tax-exempt issues were heavy. Some of the features of the day were Anmfln Copper 7s and Andes Copper m“ leh advanced early o to 1% m'rhud then lost more than mey 'm Brooklyn Union Gas 5'%s, 2% pomu the loefl J Chicago & Washington Stock Exchange SALES. Wi “B"—{ % ashington Ges .l 1;‘1_3_2500 lOillo.'o Potomac Elctric %% ptd.—5 at 107%, 5 at 10714, 20 at 107%, at 107%, tractions, 1 b%, rd Air Lines, | N Eastern Illinois, %, and | Ne ONDAY, MAY Received by Private Wire Direct to The Star Office UNITED STATES. (Qales are 0 $) 000 ) He. . Libdathels 417 US3%s43- 2 USi¥e 5 2 1092 us 3 US4%s62. 1114 FOREIG 1021 Suigs Hish Low. Clots | Westinghouse bs. . Argentine Argentine Argentine 6s A Australia §» 19 Australia 65 1957, . 73 A Danish Munic 8s B u Denmark €s. issue that | Dutch East | were offered a week ago. This advance | Fra will be required to take care of the | Ger: orway Orient Dev deb $s. Paris-Ly-Med 8. 0 1064 Sales Hizh Low 103 100 15 100 9 101 30 100 4 w025 102 102 1064 1064 Close 10011 10126 101 26 1002 1002 1021 1 10830 108 30 114 91N 100 100 100% 114 | Tngstn S&T 6s wi. 8taiia O N T 60 48" 67 101 Sug Hast Orlent 7s Tenn il 8 Unitea Drug 68 Vertientés Sug 7s. Warner Sug 78 Westo Unton 6%s. 11 110% 9 104k WinRepeatAr 1%s ‘2 1074 64 100% RAILROA D. | Ann Arbor 45..0en. Atchison ad) 48.... 11 Atchison gen 14 Atlantio C Lol AtlantleCL 1 101% 95 99% 101% 102%' 105% Brooklyn Elec %8s BkiynElevated 8 }4= 15 Bklyn Manhat 6s..193 Buf R&Pitt4¥s. 1 Can Nat 4%8 64... 16 Can Nat 4%067... 17 Can Norl%n!u. | 104% 104% 109% 108% 93% 934 102% 102% 100% 100% % 7% 66% 861 108% 108% 9% 88% 70 69% 90% *90% 96 95% % 1 102% 102% 100 100 111% 110% 104% 104% 84% Bd% 93 93 95 4% 9% 94l 10214 102% 116% 116% 91" " 90% 104% 104% 1 Ch1Gt West ¢8 69.. CM&StPgnid.. CM&SLP 68 (new), 154 FMA!IP ldl lll.'l 499 110 98% 9815 99% 99% 108% 108% ® @ - CoannRy a-—-—::—.-n—md;.;m CuMRR'l%l. . Cuba Nor 6%scrs. 3 96% 6% Del&Hud 1strfds 11 95 94 Del & Hud 6%8s.... 9 105% 105 6 93 92% 0% W ¥4 92% 88% 87% Bl Bl 82% 82% 96% 96 2 104% 104% 114% 114% Low. Close. 62 WIK 103% 103% 1 :W‘t 100% INM | ot farm produce have rets RONDS UNSETTLED | o vom - BONDS e scmans] [BUSINESS IS QUIET 28, 1928 INCENTER MARKH ' % | Peak of Berry Crop Delayed. | i Prices Unchanged From Last Week’s Close. Tiring of delay in selecting a site for Farmers' Market and anxious to quit hrunlnm :lonx the curbstone on and mnn nummu haulm and local wholgllg: space they formerly oecupwu brick pavement betwéen the two B and Tenth and Twelfth m-nu This is I-h- space that fc protect vas coverings. Last nh cool and. wet we believed by boen"e expec market would eome last Sad wnflnr conditions caused a 8] lay. This morning's sun gave of ullltln( the growing: crops, expect heavy receipts berrm the next few d.lyn Usual quiet Monday tions prevailed in the day. . Dealers ‘oxpect , condi- the local market to- Eond wn‘l- in trading hm K. | Prices today t the nm a8 um:.npomd at the ckue of last week's market. - ¢ nery, 32a33; current reeelpu. 28, Poultry. alive—Turkeys, 25; Winter chickens, 38a40; fowls, 27a28; roosters, 16; ducks, 15a20; keats, young, 70874 30, Dressed—Turkeys, 30; T old, chickens, 39a40; fowls, um 2!121 broflers, 40046; large, mlll 30a35; duch 20‘25 keats, gy 1aizia; Calves, 136 13%; Spring lambs, 17818, Fruit and qu.nb l«h' Today's' market report on fruts and ¥:l. compiled by the mc ervice, Bares | 0. xm al‘ Western }“m e R i or— arts oChetor & Pittabureh’® *Increased capitaliza tatisagion, %t FINANCIATH mew serles of $17,500,000 Geerman con- solidated municipal loan of German savings banks and clearing association sinking fund secured gold bonds, 6 per - | cent series, maturing June 1, 1947, s be- marketed Bcale gt right § odientes 8.1, gy vyt o 0 “eviliio ned oecarred. PER SHARE ANALYSIS. Property Value of Fach Share. Octol Baltimore Markets | | 8578 5F comn Ascert, BALTIMORE, Masy 28 (Special) —| Poultry—8pring chickens, pound, 43a xc ! | Vaime ot T Hay and Grain Prices. Wheat—No. 2 red Winter, domestic, 183, No. 2 red Winter, garlicky, domestic, 1.83. Corn—No.” 2 _yellow, 1.24; No. g eonu:cl. corn on cob, new, 6.00a6. barrel. Ot'h-;_’l'c. 2 white, donuz 8879; m' 12081 30. e y—Receipts, flvln;hnelntmhqunfl .buttht LT not e is pnllu !o % MM on the yflcuh;bwzu uoop-nmm nod hay in tlmothy and clover mixed. traw—No. 1 wheat, 13.00814.00 wlxzozio 2, 13.00814.00; No. 1 oat, lm al4.00. Country Produce. Pota white, 100 pounds, 1.25 . soes barrel, 2.50a5. A for man Stockc divi; and one of orip vu-v! [ FeiiAn w4 "“T. ko Sommary. Cudal sells fml”d )0 times the net yalue o stock times the aehy sehe ‘xor 18% times last year gl fi s fie annual 4 c;dnhu as vm | return to, the fnvestor I’li % . R et o e e 5, GERMAN BONDS AND STOCKS, NEW YORK, May 28— By Special Leased Wire 10 The Star. é > K w5 o0 ERES wgeBBuas T W , L 3 5-1 ’ii S sesaleie s, 88 wLuE858 932,3 5 nanaEatens & 5523333333383 suss339383- p . & Co., Lee, Higginson & Co., Guaranty Co. of New York. E. H. Rollins & Sons and Equit- able Trust Co. Mackubin, Goodrich & Co. o;u_:_ today $6,000,000 }um‘u;mao:,m of 'exas 10- smk!nq un: % convertible nm’;‘rflu June 1, 1938. ‘?hr bonds are priced at 101, to yleld 5.3 (Balti- approve, at a meeting on | June 21, an increase 1n nuthmud no from OFFERED STOCK RIGHTS. NEW YORK, Mly 28 (). —8Btock- holders of Mexican Seaboard Oil Co ¢|-have been offered rights to subscribe to 52,027 shares of stock at l20 a e. Holders of record June 1 subscribe for 515 lhll’el of new ml for elJ‘cuh x’oo shares held. Rights ex- TREASURY CERTIFICATES. (Reported by J & W Seligman & Co.) FOREIGN zx(muoz (Quotations furnished oy W, B. Hibbs & Co.) ks The Aurora Borealis HE Aurora Borealis makes a great display. Its tongues of colored light rise to a height of from 50 to 200 miles. But how It delights the eye, but its only known effect is to interfere seriously with the stability of radio communica- tion and to tie up electric lines. 88% 87% 107% 107% 115 415 and Nearby 10 at 107%, 10 8t 107%. . o Wi Gas it d_V"m 5, 20 af 98,10 at 95, 0 05, 10 ok Bsre 3-5-10-Year Terms w el "RWy. & Electric com—10 Prompt Replies nhmn, Rwy. & Elec. pfd—10 at Ra.ndall H. Hagner emuu.x Mt o. p1a—10 at 105 P»a Pta—27 at 91. 7um,nu Sean -ru:hnod. o medium, 3.25 to l’ll. ., and IOB 113% 101 924 5% Luge ’| Great Nor gen 7s.. Hud & Map ref bs, 1 114%, 10 at 115, Linotype=22 at 1023 Drug Stores pfa—10 at 114% st xu - e weaRSos mflyxfi few mhuuo Pllhwl)ll. T xlo'n.ln.uu.u; Dew stock, sup- plies moderate; 3 Spumumu U. s_!o 1, :u ww' Gobtlocs U, B Nor 1. 450 Str t: demand gfi l‘nnm-vu- l-qnnmm. 1al) tynndeondltlon Fe Ir , ml J‘ t, 4.00; na;’m ! Int Ry CA 6%sret Kan City 't 8 8., HERE RArEE ® RE Bank—32 at 000 08 :;o%»n 106, o't v al Cojumbia Sand ok Am Agri Chiem 134+ 23 105 Band ‘& Gravel pIA—10 8| 4oy unic & B 10t 88 29 100% Washlagton Gas 6 “B—4500 st 10735, | A® UNLISTED DEPT. Chapin-Sacks 8% pld—5 at 107. Money—Call loans, § and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY, 4 % A far sounder vflnéipleisugulnuvm" and investing in such proved securities as the First Mortgage Notes which may be purchased through Swartzell, Rheem MISCELLANEOUS. a-u-..Su.u has ever suffered loss in fifty-nine years. | American Tel. & e ey ds... - Amer, Tel A Felen. 4% el ol 4 v oe R K e } ‘l'!b#mn Bbe. i Auscontis & j A W-m'nulcm—No supplies on market. moderate; de- e e e e 59 Years Without Loss to An Investor — s Senalne ) FRRRETELAREE & FF aB8 aae o ~ % ; ; §15§i Cagh 97 . 199 o stringless, 3 Lims boun—ouppu- light; demand wmm"rlmhlmmparz uality and oonz} tion, good .qual -nfi condition, :m ; poor qumy and condition, Pea Demand Good. Peas—Bupplies mndanla, s Property present mo prob- lem with which our Over- perience is mot familisr. B0 onr experionse coop erate with you in minimis- s vacansios, ZEAZZXXRXZIZZEZ =T d - Q Workmen’s Compensation INSURANCE Becomes Compulsory July First Next As General Agents of The Aetna Life Insurance Co. WE OFFER TO EMPLOYERS Complete Protection at Minimum Fixed Cost Relieving You of All Responsibility Accid‘elll Prevention and Claim Service Promoting Efficiency and Satisfaction BafeSulBone hampers, M. muy 2.25, few as %flh quality and mmw 175 c“a‘“'x"fi;““ l&l:’u{' do- man mar] 0. l. . 3:0084.00; Main 2100 AUL. CO. 2 - o, 4400 0100% . NATIONAL BANK P LT ek axxCZERR ESS Lot Mer Marine Lot Psj RERFR2ZR2ZZ S » o=k T8, eondmon liu M Pna(onuy no luwll- on ?phnt~lu lies light; demand pepper crates, {.g“ fair \nllm condition, 3.00, mtml 58 5+ Onrrots — Supplies ‘llund Ve ottusa eraten n{nem"'fl': e n 3 o as_bushel baskets MM. ' Beets—Bu| light, 0% | market dull” Worth Gagoline- bushel bu ; Norfolk tock crates, nuuy — ——— LOVISVILLE & NASHVILLE. NEW YORK, May 28 (#).—April net income of the & 10 $1,376,070 from $3,030,- 7 nd for :mn; months ‘months of 1027, D —— Third Ave ref 4o 69 11 'm( o4, 104 & & Wen Nor Pac 48 2047, Northern Pacifio ¢» Nor Pac 4%s 2047, Northern ries Ore Bnort L rfs ¢s. Ore Wash lat hnn-n eon !t 2 L g 13 9 S artEean Bred~ConSaSa pcr cnhl. FRUST COMPANY . L lv ust Co u, Vs sk !.HNI & Trust o lawes & Trom BAVINGS BAVE | pank of R 14~An LAgEoL & Myern T Loriiiard 6 Loriliara (P) Lovisv 0 & £ — First Mortgages on Washington Homes To Yield 67, ST Mortgages on 2. which 106% 107% 106% 100% 3.108% 101% 1u6% 107 106% 160% 108w Pere Mar 1st Pere Marq 4 PCC&SLL b8 B 1I PCC&BLLIsA,, Portland B\ P&L (2] Washing we tuow oMer un ideal se Tieral yield 1o in wow have $250 or T 100% 92n 8o ¥l 9% 1004 I B va% 2 102 102 102% 1021 101% 1014 2 101% 101w 9Ih 7% 96 u6 Y% i G4 G3W luAub‘.c 8t L IMAS 48 Competent Insurance Counsel Making Available a Staff- of Specialists “ . 32 1z , and morigege Aware this’ Cor osion’s wwn diect and un ol inervet ln weriptions of these mprigsgee, snd Zpsge Mue | Pacine Gan & 1 6 irgted bookler shout Guaranty ime, } d %% 40 | Peo k&L Lot be. Seeuritics, matbed upon request Aty 'vu‘um'ru-:’u, REALESTATE CORPORATION Copital Resovsces § 3,460,000 2 JMESON VLIE BLL&BV Dl s BEL&B A% BLL&B ¥ oriubs. BLL&BVo%heD,. BLLasyad) Bt L &S ¥ ino Bl S W con ¢ Bt P & KCBhL ¢ Ban A & Aro P 4, Beab A Liret 4 Seab A L ad) Beab A L oon 6 llAli'lll IIA Hor Ohlo Tr & L & Hor Btates Pow Hor B tesPow! 101% Lo 102% 1084 10%% 100% n H. L. Rust Company INSURANCE, "ARTMENT 3 1001 15th Street i Faramont £ Fhils Cotnsl wi, Pleces Arrow bn Por e Am Tob s 16 HemingtonAr 6s 33 10 Jsom Bnd Svpm war. 71 Slooiatr VI 8. ..o 19 singlalr O 6%, 51 Binelatr OL 18, ./ 122 Sinolulr Crude b%e 9 Sin Pipe Line bu. Bueliy 11 6 Bouth Befl © 2" 8o For Rico Bug Bowtowent Belibs.. 11 5 u6K 96 96 olstrtds 12 00K 0% Diw o Peo 448 87.... 12 9 nPao) L 90 (19% 112% 110% 116 125% 1244 106% 1064 1064 L 110% 110% 4% 1020 L02% 124% 26 I & Paoifio It Tox & Voo bn 17 1t0 * Kb ide