Evening Star Newspaper, June 20, 1928, Page 14

FINANCIAL. UNION TRUST SToCK. MARKET FEATURE Bank's Shares Advance in Trade on Local Board. Other Issues Firm. Oven { AbILIB! Power(4) 54 ADitibi Po pf (6) 102 Adams Kxp (8). 200 Adv Rumley.... 37 | Adv Rumiey pf.. 4314 | Abumada Lead. 3w Air Reduetn (2). 614 Ajax Rubber.... 3 | Alaska Junea | Allied Chem Allted Cm pf(7). 12 Allis Chalm (6). 1154 Amerada (2)..., 31% | Amal Leathe: 100 | Am Azricul Chm 19 Am AgTIChpf.. 65% Am Bank Net3), 104 Hizh Low 5 ro 38% bl 3% 6200 " BY EDWARD C. STONE. Union Trust Co. stock figured in a sharp advance on the Washington Stock Exchange today, proving the! Am Beet Sug pf. 53 most interesting issue on the board.| Am Bosch...... The bank stock | Am Bra Sh 1.60 opened with share sale at 319 an advance of 4!, points cver tk last transact Ten shar sold at 106% 30% 4l 16 R0 2% Tia 110 58 Am Chicle (3).. Am Drug (80c).. Am Encau(2.40) Am Express (6) Am & For Po Am&Fo Po pf An & For Pozé, 92 Am Hide & Lea. 11 Am Home Pri3). 714 Am lce (12%4).. Am Internatl(2) Am LaFr&Foam Am Linseed. ... Am Linsd pf(7), 123 1 Am Locomot(8). 9% | Am Loco pf(7).. 116 Am Ma&Fy 121§ 136 [Am Mapfexw 115 Metals b (63 113 Yiano pf. P& L., Am Po&Lt pf(6) 1 Am Radiator (6) 1 Am Republic. ... jAm Saf Ra 143, | Am Seating (3). 33% | Am Smeiting(8) 186+ | Am Snu (12).. 1 Am Stl Fays (3) " AmSu Fy pf () 111 { Am Sugar g Am Sumat Am Tel & Te Am Tel&Tel ris. | Am Tobacco(8). 1 Am TobaccoB(8) 1 | Am Type Fo(8). 115 | Am Type pf(7). Am WW&El(el) Am Woolen..... | Am Woolen pf. . v 32 1064 106 9Ly 924 14 11 \ 105 closed with a 100- 9 share block selling 28, . Bowie Chipman. hares of | ist Co. stock | Am Am Am turno g of Security Storag Washington Gas Light stock registered 951, and 10 shares of Mergenthaler Lintoype sold at 101%. e In the bond division 55 sold at C. tia 6, series B, cha eral more stocks were added to dividend list today. Rank Reports Increased Building. Building activities for 31 reporting cities show an increase of 11 per cent during May over that month 1 year, according to the Fifth Federal Reserve Bank. New construction amounts to $11.- 512,387 and alterations and repairs to $2431.111, or §13.943.508, as compared with $12.566. in May, 1927. The smaller cities in the district have huge gains, not because of ab- normal business, but due to the fact that their figures for the same month last year were far below the average. In ‘spite of drastic steps agreed upon by the Tri-State Potato Growers' Con- ference a deluge of shipments has made the plans ineffective. and growers are beginning to fear that there is no hope of a fair return from their crops. Many acres will be plowed under in the Virginia area, it is indicated, as the prices continue to tumble. Chipman Off for European Tour. Geo: Bowie Chipman. resident pesiner of Harriman & Co., leaves here the last of the week to sail for Europe, where he will join his wife and son on an extended tour. Mr. Chipman’s son was among a limited number of young men who were recently accepted by the State Department for diplomatic assign- ments. Mr. Chipman is one of the veteran ‘Washington brokers, having followed in the footsteps of many other men en- gaged in finance and started his career by putting up stock guotations in a boardroom. That was about 30 years , when he was a very young man. .";Wfl decades ago, after advancing through the various stages of the busi- gess, he was made w:hcofinglf:dm; gentative ol-mrrun:n” oy For many years the was in the Colorado Am Zinc pf. Anaconda (3)... Archer-Dan (3). Armour, 111 (A). Armour, Il (B). Armour.1lIpf(7), Arnold Con & Co Art Metal (13). Asso Dry G(2%4) Asso O0il (2).. | Atcnison (10) | Atchison pf (5). (AUGUIf & Wi, 4514 47Th 46% AUGuUIfpf(3).. 5l b5l 50N Atl Refining (4). 131% 132% 127'5 Austin-Nichols.. 6k 64 6k Auto Sales. « M 94 9y Autostrap 44 4 3% Balto& O (6)... 106 105% 105 Balto & O pf(4). 79 79 9 Bang & Ar (3%) 63 BankofCom(18) 620 Bank ofMan(16) Barker Bros Barnet Leather. Barosdall A 2l 21% 21 Bayuk Ciga: « 100 100 98 Bayuk 1st p£(7). 106 106 106 Beacon Oll...... 16% 15% Beechnut (13). . e Belding Bros (2) 16 16 16 Best &Co (3)... 65% 66 6544 Bethlehem Steel Y 53% 52w Beth Steel pf(7) 117% 1174 1174 Bloomingdale. 34 34 Blumenthal p! 9% 96 Booth Fisherles. % 6% Borden Milk (6). 154% 154% 154% Briggs Mfg FCo 34 34% 33w British Empire.. 5w 54 5% British Emp 2d.. 7 7 % Brockwy Mot(4) 45% 45% 45% | Bkiyn-Man (4).. 59% 604 BklynUnGas(5). 139's 140 BrownShoet23) 45's 46 Brunswick B (3) 4L 414 39% Brunswick Ter.. 33 3s% 31 Bucyrus (1).... 34% 36w 3d% Bucyruscvi2i%) 44 o0y 45 18 10 ' 1884 1861 107 107 30 30 264 26% s partner. H l&!iuoflmc! t quarters, in the Building, nf s, Becurities Building, at 729 Fifteenth t, being occupied on completion of c’nmcmre two years ago. Lacal Dividends Declared. “The directors of the National Sar- fegs & Trust Co. have declared the qQuerterly dividend of 3 per cent, paj e August 2. > .b'll'hc oard of directors of the Distric National Bank have voted the QUAPY Buff Roch&P(4) 66 teriy dividend of 2 per cent due 2t th®) Burns Brosa(8) 114% 114% 1 time. It is pavable on June 30 i} Burns Bros (B). 30 record on June 25. Burns Bros ris. . 7 “The directors of the American Se=fgurns Bros pt7 ot curity & Trust Co. yesterday declared | Burroughs (14). 155% 155% 155% the regular g rly dividend of 3 per | Bush Term (g2) 52 5% 50 cent and an dividend of 1 Der | Bush Terde (7). 108% 1085 108% cent. Both are payable on July 10 t0| Bush Ter pf (7). 116 116 115% stockholders of record on June 30. BuleCop&eZ... 71 Th 6% "The Federal-American Co. directors | Butte & Sup (2). 11% 1lla 11 have declared the quarterly dividends | Butterick Co.... 46 43 46 on both classes of stock, $1.50 on the | Byer & Co...... 91% 95 43 erred and 30 cents on the common. | Byer & Copf(7). 112 112 111% Both are payable July 1 to stock of | By-Prod(12.75).. 66% 664 664 yecord on June 27. Calt Packg ¢0). 694 71 04 eeting. if Petm (1), 25% 28% 25% 'n: ::.y‘d-‘:l 373;.':; the Mer- 8:‘.“""' Zlnf..)-- 9?\. sg‘ ’.114 o umet&Ar(S). 3 chants Transfer & Storage Co. ym Caiu & H oo il e T day declared the preferred qual h}' Can: ”hu.“. fon Tew T dividend of $1.75 per share ‘1”:5‘ : c..‘-""“ CI0). 190 200 IR semi-annual common dividend of p;u - ’1,'5"‘"." 3 S8o% 20 285 share, The books of the company Wi w"“: alloy (8), 82 4 -] be closed from June 23 to 30, inclusive. Cotodo Pas (4)., 684 6%% 63t “The directors also elected the louov\x;f CrralnToeater. a4l 5% €% officers for the ensuing year: John Chandl . e T Newbold, president; Ben L. Prince, first cn-nauur-c'cx Y 1 1% 168 viee president; C. B. Buck, umnq vice | G e & OBlo(10) 178 178% 177% president and secretary. and David P.| g 6 0orpn (3). 66% 664 66 Smith, third vice president and treas- | Gy g Alton,..,. Sis 5% K% urer. At a meeting of stockholders the | oy, @ 4yi0n'pf., 12% 11 entire board of direclors was re-elected. Chi Great West.. 10% 10 Bond Club Outing Friday. Chi Gt West pf. 22 214 Chi & East 1)l pt 60 60 More than 65 reservations have been | Chi Mu & StP.. 31% 324 30% regeived for the outing of the Bond | Chi Mil & StPpf 42 41'% Chub of Washington, which takes place | Chi & Nwn (4).. 734 780 Priday at the Burning Tree Club in|Chi Pne Tool(6). 118 118 11/ Maryland, beginning at 1 o'clock. There | Chi Ri&Pac (6). 110 111% 110 will be golf, obstacle golf, indoor tennis | Chi Yel Cab(3).. 0% 304 30% and a miniature stock exchange. Eiab- | Chickasba (3)... orate prizes have been provided for the | Childs (3.40)... winners in the various contests. ChileCo (2%).. 41% ‘The outing iz the first event of 1 Christ! B(1.20) 9 kind planned by the thriving club, | Chrysier (3).... t6% 65 which was organized in 1925. Winslow | Chrysier rts.... 1% Y 1% B. Van De Venter is president of the | Chrysier pfA(s) 1144 114% 1144 ciub and Kenneth Wales vice presi- |City St Bi%stk. =3 B9 28 dent. The outing is in charge of a|CCC&StLpL(5). 111% 1114 111% eommitiee of which Sidney Thomas is chairman and Charles Carroll Morgan 454 13 2T 12 104 2% 60 vEPIUS(2%) Bl BL BOu viee chajrman luett-FPeab(b). 9w 79 Cocoa Cola (6).. | 156'% 1,4% Baitimore bond men are planning to | Collins & Alkmn 69y b8 be gus of the local el and this | Col Fuel & lron. 69 5% will be the last meeting of the members Col Gas & EI (5) 104% 107% 104 of the Washington organization before the annual election of officers. Notlees Col G&E pf A(8) 106% 106% 106% snt the members indicate that Pri- 5914 % Col Carbon (4).. s 9% ComCred (1)... 39% il% day’s miniature stock market will be a rare session replete with surprises | Com Cr pt B(2). 24n Zi% Com Solvents(8) 140% lj.t Retail Food Prices Higher. Retzil food prices advanced a 9% =5 Close. 58 1 104 n 2813 40 1874 107 465 H0% 131% 6% 93 43% 106% 79 65 620 THE EVENING DNodge Bros pf 7. Bros etfs. pr e Drug Ine (4)... Dui SS & Atlan, Dunhill int (4). Dupont (113.50) Duaq Lt 18t (5).+ EBastman (18)... ISitingon Schild, Eitington (213). Eiec Auto L(8). Elee. Auto L(4)n Klectrie Boat. .. islecPow& Lt(1) Kiec P&LL pf (1) Elec Stor Bat(s) 11k Horn. Elk Horn p! Engineers Pub 8 Erie R R. Erle 1st pf.. e 2d pl....oy Eureka V (13§). Fafrbanks Co. .., Fulrbanks (d).. FairbankApt(7) ‘edLIRDL(NI.40) Fed MotT(f80c) Fidelity-Pnoenx. First NatSc134) Fisk Rubber..., Fisk 1st pf(7)..: Fleischmaun(3). Fox Flim A (4).. nk-S pf(7).., ort (761 Fuller pr pf(6) Gabriel Snub A Gen Am Tnk( Gen Asphalt.... Gen Asph pf(5). Gen Cable...... Gen Cable A (4). Gen Cigars (4).. GenCigars pt(7) Gen Elec (16)... GenElec sp(60c) Gen tiasA(ol%) Gen GasB(ell) Gen Motors (17) Gen Mot pf (7). Gen Qutdr Ad(2) Gen Ry Sig (5).. Gen Refrac (3). Gillette Raz (8). Gimbel Bros. Glidden Co. .. Glidden pr pf(7) Gold Dust (3).., Goodrich (4). Goodyear Ti Gooayr 1st pf. Gotham (32%).. Gothamn (32%) Graham-Paige.. 1154 [ 11 45 934 111% 66l s 250 111% B0 Grhm-Pajige cfs. Granby Min (4) Grand Stores. Grand Union Co. Grand Un cv pf. Grt Nortn pt (5) @rt Nor O (1%). Grt Wn Sug 2.80 Grt Wn Su pf(1) Greene Cana(4). Guantanamo Su. Gulf Mo & Nor.. Guif States Stl. . Hanna 1st pf.... Hartman A (2).. Hartma B(1.20). Hershey Corp. Hershey pt (4 Hershey pr pI(6. Hoe & Co A. Homestake(17) Household (14). Houston Oll.... Howe Sound (¢) Hud Man (2%).. Hudson Mot (§). Hupp (£1.40). 111 Cen Isd 11(4). indep O1l (1)..., indian Mot(13%) indian Refinin Indian Refg ctfs Ingersoll R(16). Inspiration Copr interboroRap Tr Int Cont Rubber, lnternat Agri. .. 1ot Agri pr pf... 1nt Bus Ma (6).. lat Cement (4).. int Com Eng (3) Int Harv (16)... Int Harv pf (7)., int Nickel (2)... Int Paper (2.40). Int Paper pf (7). Int Ry Cent Am. Intl Salt (5) Int Silver, Intl Silver pf(7) int Tel & Tel (6) lowa Central,... Lsiand Creek (4) Jewel Tea (4) onns-Maran( *Jordan Motor. e Kan City South. KayserJ (5).... Kansas City Kelith-Albee. Keith-Al pf (7). Keily-Spring. Kels-Hayes (). Keivinator Corp, iennecott C(6). Kinney pf (8)... KraZt (B1%). 0o Kresge (TL60).o Kroger Gro (c1). Lago Oi1 ‘e Lambert Co (16) Lee Tire & Rub.. Lehn & Fink(3). LenighVal(3%). Lig & Myers(16) Lig & Myrs B tb. Lima Loco (4).. Liq Carb ¢ Loew’s (13) Loose-W (L. Lorillard Co.... Louisiana Oil. .. LouisGasA(1.76) Ludlum St} (2).. McCall Corp (3). MeCrory A (2).. MeCrory B ()., McCrory p(6).. leKeespt Tin Pl Mack Truck (8). Mackay (7)., | Mackay pt(4)... Mackay ctfs (7). Mad 3qGn (1) Magma Cop (3). Mallison pf (1 Man ki Sup (6). Man Klev g147) Man Kl mzgds) Man Sbirt (3)... Maracaibo O1f Market 8t prior. Mariand Ol . Mariin-R(12%4). Marun Parry... Muthieson (6).. ) Dome Minesc1).’ STAR. WASHINGTON, Direct to The Star Office. Open. High. 64 6oy S 12w 66 8% 924 3% 58 3494 101% 319% 101% 1714 \ " Low. Close. 100% luty Al 1055 10% e bily It N 208 Nat Enamel & S. Nat Pow&Lt (1) Nat Radiator. . . Nat Ry Mex 2d.. NatSuoply pt(7) Nat Surety (10). Nat Tea (4).. Nevada C (1%) NOTex & M(7). N Y Air Br (3). N Y Central (8) N.Y. Cent. rts.. Y C& StL(6).. Y C StL pf(6) Y Dock.... N Y Dock pf(5). Y & Harlm(b) YNH&H1). N Y NH&H pf(7) NY Ont &Westn, V ¥ State Rys N Y Stm pf (8).. N Y Stm pfA(7). Norf & Wn(t10) NorAm bl10% stk North Am pf (3) North Pae (5)... Nor Pac cfs (5). Northwn Tel (3) Norwalk Tir Ofl Well Sup. Oil Well S pf. Omnibus OppmCollins(f4) Otis Elev (17) Otls Steel. .. Otis Stl pr pf(7). Owens Bot (ct4) 2272222 =222 P’ag O1l Stubs. ... Pac Tel & Lel pt. Packard Mot (3) Pan-Am Petrolm Pan-Amer Pet B. Pan-Am Wn B ark Utah (80c) Pathe Ex. .. Pathe b Peerless Motor.. Penn Dix Cm(2) Penn R R (3%). People’s Gas (8) Pere Mara (18).. PhilaCo6 % pf(3) Phila& RC& 1., Phil Morris(1).. Phil-Jones pf(7) PhillipsPet(1%) Plerce-Arrow... Pierce-Arrow pt. Plerce Oll.... Pierce Ofl pf.... Pierce Petrolm. . Plilsbury (1.60). Pllisbry pf(6%) Pitts Coa Pitts Coal pf.... Pitts&W Va(6), Porto Rico To B. Postum (5)..... Pressed Stl Ca Pr Stl Car pf(7) Prod & Refiners, Prophylac 13%.. Pub Serv NJ(2). Pub Serv pf (6). Pub S NJ pf(7 Pub SE&G pf(8) Pullman Co (4).. Punta Aleg Sug.. Pure Oil (50¢).. Purity Bak (3) Radia Corp..... RadioCo pf (3% Reading Ry (4). Reading 2d (2).. Real Silk Hos. .. Remingtn-Rand Reo Mot (11.20). Repl&S (4).... Reynolds Spngs. ReynidsTobB(5) Richfield Oil(q1) Rossia Ins (5).. Royal D(al.343) StL & SanF (18) StL&SF pf 1st p, StL&Southw Savage Arms. ... Schulte (23%).. Seab Alr Lin Seagrave (el.20) Sears-R (n2%).. Seneca Copper. Shattuck ¥ G (3) Shell Un (1.40).. Shubert The (5). Simmons Co (3). Simmons Co rts. Simmas Py . Sinclalr Ofl.veee Skelly Ol (2)... Suider Packg Co. So Por Ric S(f2) South Calif £d.. South Dairtes South Dairies South Pac (6 Southern Ry $td Com Tob (3) SUG&E %), Std G & K pf (4) Std G & K1 Corta Std MilLng (6).. StdOCal (2%). Std QIINJ(114) Std OlINY (1.60) Std San Pro 1.68. Stewurt-War (6) Studebaker (5).. Submarine Boat. Sun Ol (B1)eaue Superior Ofly... Sweets of Amer. Symington. n Copper (1) ‘Tezas Corpn (3) ‘Tex Gulf Sul (4) Tex Pac C & Oll. Texas & Pac(b). Tex Ld Tr(new) Thatcher Mfg. .. The Fair (2.40). ~Third Avenu Thomp J R(3.60) TidewaterAsOil. TidWASOIIpe(6) Timken (16).... Tobae Prod (m). Tobac Prod A(7) Tob Prod efs(A) Transcont Oll. .. Transue & W(1) Trico Prod (2% ). Twin City R (4). Udwa-El F(4).. Union Carb (6).. Un O1l Cal(2). .. Union Pac (10). Un Pacifio pf (4) Utd Biscult 1.60, UtdCrrse(C80c) %) USCIP&F(10) 0% 169 [ 125 107 50 51% 110% 9oty 15% 15% 1040 2% 1093 2614 Bavg 1 1 D. C. WEDNESDAY, JUNE 20, 1928 NEW YORK STOCK EXCHANGE Received by Private Wi 10% 0% 1.7 514 110% 9 1394 46% 1904 o STOCK LIST IS DULL Higher Money Turns Market Quiet—o0ils and Coppers Resist Selling. BY GEORGE T. HUGHES. Special Dispateh to The Star NEW YORK, June 20.—The Stock Market recovered briskly at the start today, then relapsed into dullness, losing most of its early gain, and ad- vanced again in the last hour. A real trend was at no time indicated. The ay's fluctuations represented merely | the varying fortunes of one side or the other in the struggle for supremacy. Money went fto G1: per cent after having renewed at 6 per cent but with- oui much influence on the market. The feature at the end was the rapid rise in Radio, amounting to over 11 points as the stock crossed 172, pre- sumably a demonstration against the shorts. The early rise was plainly due to short covering. Although the market has now been reacting With only iater- | vals of recovery for a week or more. | bear operators are still cautious. They | accept small profits, because profits of 1y kinds have been few and far be- een on the short side for a long time. | They bought in their contracts t morning, but when their demand w | satisfied the market settled back into a ran up over 3 points soon after the Steel came back over a point. Special attention was | attracted to American Linseed, which | opened up over 7 points and at a new record high. Atlantic Refining was persistently bought and Delaware | Hudson featured the rails with a 4-point advance, Weakness eropped out in the railway equipment stocks. Offerings of Amer- fean Locomotive and of American Car & Foundry found the market bare of nearby bids and quotations for both stocks dropped to new 1928 lows. Rail~ road equipment buying has been no. toriously slack for several years, so that it was not hard to depress prices. Money renewed at 6 per cent agains the 5', renewal rate of yesterday. Shortly “afternoon money when to 6 per cent and the market weakened. | Expegtation was umiversal of higher | money before July 1. Some predicted | the highest rate since 1921, exceeding even the 7 per cent record made on June 4. In the face of this situation | about all that could be expected for the | present was rallies as the market be- came oversold. Traders were willing to ‘scalp” a point or two on either side. | but outside interest was almost en- | tirely lacking. ‘Two groups of stock that held better than the rest were the oils and the | coppers. “ In each of them the indus- | trial outlook is believed to be improv- | ing. ‘They were unable to edvance against the trend elsewhere, but liqui- dation was not pressing as it was in most of the industrials. Trading dragged along in the after- | noon in dull and uninteresting fashion. | The turnover was extraordinarily small, with the ticker coming to a dead stop | repeatedly. Radio was an outstanding feature up over 6 points. Atlantic Refining maintained its position and so did American Linseed, but the major- |ity of the stock fluctuated back and forth without getting anywhere, General Motor DIVIDENDS. Company. d Am Smelt Am Smelt & & Ref R pf Canada Dry G Ale Cent 8 W 'Utilities Cent Union Trust Chi Ry Equi pf Elmira Water Light & RR 7> 1st pf.134% § i 145 June 18 | June 18 Empire Tr: une 23 Empire Trust Fea Terra Cotfs Fin & Ind Sec.. Fin & Ind Sec Fin & Ind Sec Gotham 8 Hos pf.i Hanover Nat Bk..% Howe Sound 5Fo0fo0 £ £0Opop: TRy o Madison S Garden Marion St Marion ettt Newmont Newton Steel . Newton Steel pi N Y Title & Mort i $3385s 00000000 T00000DOODD00D Royal Typewriter Royal Typewriter Roval Typewrit pf Southern Ind Gas | L& Elec 7% pf ..$175 Q July Southern I nd Gas Elec 6% pf ..31.50 Q July Southern Ind Gas lec 667 pf.3165 Q July Southern Ind Gas & Elec 6% £3.00 SA July »t | Uni Ris of Am pf. 5178 Q Aug S0c Q@ July Westmoreland Co 30n, ! I §1.50 Ex July $3.50 SA July June 23 June 23 July 18 June 37 FOREIGN EXCHANGE. | (Quotations furnished by W B. Hibbe & Co.) ! Nominal gold Selling checks value (or par), tod, London. pound . 14 8665 S4B Nontreal: dolar Panis, franc Brussels, belgas |- | Beriin. mark | Rome, lira | Zurich, ' franc . Athens. drachma Gslo, erown | Stocknolm, crown NEW YORK, June | exchanges easy: quotations (in cents) | Great Britain, demand, 487 9-16; cables. 488; 60-day bills on banks, 484 3-16. France, demand, 392 Italy, demand, 5.25' N Demand: Belgium, 1396, Germany | 23.88; Holland, 40.30; Norway, Sweden, 26.82',; Denmark, zerland, 19.27';: Spain, 16.30; Greece, 1:30; Poland, 11.25; Crechoslovakia 2.96';: Jugoslavia, 1.76: Austria. 14.08; Rumania, 61'.; Argentine, 42.60; Bra- 211, 12,00; Tokio, 46.56; Shanghai, 66.00; 5 eable . | Montreal, 99 PRICES ON PARIS BOURSE. PARIS, June 20 (). —Price changes were irregular on tae Bourse today; 3 per cent rentes, 73 francs 20 centimes 5 per cent loan, 94 francs 55 centimes: exchange on London, 124 francs 19 centimes, francs 44% centime Ovon. Hirh AFTER EARLY RISE & | June 23 | June 23 | 20 (A).—Foreign | 80; Swit- | The dollar was quoted at 25 | CHICAGO LIVE STOCK MARKET CHICAGO, June 20 () (United States Department of Agriculture) —Hogs—Re- ceipts, 19.000 head; market active, most- 1y 10 to 20 higher than Tuesday's aver- age; top, 10.75, paid freely for choice 200-230-pound weights; butchers, medi- um to_choice, 250-350 pounds, 10.00a 10.75; 200-250 pounds, 10.00210.75; 160~ 200 pounds, 9.50a10.75; 130-160 pounds, 8.40a10.50; packing sows, 8.90a9.90; pigs. medium o cholce, 90-130 pounds, 7.50 29.00. Cattle—Receipts, 11,000 head: calves, 3,000 head; bidding 15 to 25 lower on | better grade fed steers; light yearlings | moderately active: steady; grass cow and grass heifers show further decline. | Slaughter classes, steers, good and choice, 1,300-1,500 pounds. 13.25a14.75; 1,100-1300 pounds, 13.25a14.90; 1.100 pounds, 13.40a common and pounds up, 10.00a13.40: . good and choice, 750-0! pounds, 13.50a15.00; heifers, good and choice, 850 pounds down, 13.00a14.75; common and medium, 9.00a13.00; cows. {good and choice, 9.00a12.00; common |and medium, 7.7529.25; low cutter and | cutter, 6.00a7.75: bulls, good and choice | (beef). 9.25a10.50; cutter and medium, {7.2509.25; vealers (milk-fed), good and choice, 11.50a14.00; medium, 10.00a 111.50; cull and common, 7.00a10.00; | stocker and feeder steers, good and { choice (all weights). 11.75a13.00; com- | { mon and medium, 9.25a11.75. | | . Sheep—Receipts, 9,000 head; lambs, active, unevenly steady to 25| | higher on limited supply, sorting con- | | sidered in advance on natives; sheep | | mostly steady, feeders scarce, unchanged, | | lambs, good and choice (92 pounds | | down), 15.00a16.85: medium. 13.75a | 115.00;" cull and common, 11.00a13.75; | cwes, medium to choice (150 pouns down), 4.00a7.25; cull and common, 1.75 | 5.50. | | | | (fat | POTATOES ABOUT STEADY. Br the Associated Prezs |, CHICAGO, June 20 (United States Department of Agriculture) —Potatoes— | Receipts, 112 cars: on track, 303; total United States shipments, 1,137 cars: new stock, demand fair, market about | steady; _Alabama. Louisiana, ed, Bliss Triumphs. best, poorly — graded. sacked, long whit | 1.25; North Carolina, barrel, Irish Cob- | blers, 2.3522.50; Virginia, barrel, 2.7 {old stock, trading very slow, ma weak: Wisconsin, sacked. round whites, 75a85; Idaho, sacked, Russets, 80a1.00, i e R | ‘Texas, | | 1In the vieinity of Noel Bay, in the | upper part of the Bay of Fundy. the 50-foot tide rises at the rate of a little more than 11 feet an hour. First Mortgage Loans | Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. FIRSTMORTGAGE LOANS Whether the amount involved is large or small, we respond with equal courtesy and promptness. B. F. Saul Co. Main 2100—— 925 15th St. First Mortgage ‘nd . Construction Loanf Applications Invited at 5%2% Glover & Flather | 1508 H St. N.W. Main 1753 Mortgages Investments JAMES Y. Péi....3AKER Main5328 1520 K St. N.W. We ES Form of Insurance Y Hmell Bros. & Roesc “Insurance Counselors” Main 805 Write Every 716 11th St. N.W. ; SALMEN Industrial Banking Washington office of & repu. | all Street investment, house re- the services of several repre. sentatives of proven sales experience to <ell the securities of an estab- lished industrial banking 1ssue whose earnings exceed 20% Der annum. Successful applica | be fur. h “excellent leads which should prove immediately remuner- ative. Attractive commission basis. Only men_whose character and personality will stand strictest in- Vestigation will be considered. This is a permanent connection. Apply 931 15th St. N.W. We Are in the Market to Purchase Second Trust Notes —secured on improved real estate in the District of Columbia. Prompt Service Given National Mortgage & Investment Curp'n 1004 Vermont Ave. N.W. Funds to L Large and Small Amounts on P end AU TV W Residences B Apariment Houses ness Property For 3 or 5 Years Without Curtailment Wm. H. Saunders Co., Inc. Loan Correspondent Provident Mutual Life Insurance Co. Main 1016 & Sy 3 w3 MO 4 8 R APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent Suburbs of Montgomery and Prince Georges Counties, Md. 5%% INTEREST ‘ Apply to H. L. RUST COMPANY LOAN CORRESPONDENT The PRUDENTIAL INSURANCE COMPANY OF AMERICA 1001 15th Street N.W. Main 8100 Equitable Co-Operative Building Ass'n JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary Organized 1879 48th YEAR CO! Assels ......eeenn.... $5,387,857.36 Surplus and $1,558,796.60 Subscriptions for the 95th Issue of Stock Being Received JOIN the Equitable’s Systematic Saving Plan Are you living just for today? Will you be independent in your old age, or will you have to depend on some one else? Consider this now and open a svstematic savings ac- count here. Prepare for vour own juture while you are able. Start NOW. 915 F St. N.W. $2.50 SHARE Inherent Qualities of Straus Offerings THEcurrentinvestmentofferingsof S.W.STRAUS & CO,, while differing widely as to type, maturity, and geo- | graphical location of the underlying security, all possess % certain inherent qualities which mark them as good invest- ments. Some of these qualities are: | Safety—These bonds, whether our own original underwritings or participations, represent each ! among the best in its class. Each issue has been carefully investigated and safeguarded. Yield—The net yield on these securities ranges from about 4 to 7%. Diversification—Thelistincludesrailwaybonds, utilities, industrials, municipa's, real estate and foreign bonds—a broadly diversified offering. Our advice and counsel, based on long experience in the investment field, are yours to command. Call at our office, or write today for literature. Please outline briefly your investment requirements, and ask for Congoleum-Natr Z2% Cong Cgra 14%.. 69% May 15, according 1o the Bureau of | ConCig prpf(6% wamt Gilow 3y e i | Gt West Unlon (8). pariment. | Westhse A B (2) Uas Westinghse (4). Weston Electrio Waston A (2)... While Kagle (2) White Motors(1) White Rock (2). White Sew Mach i Willys-Overland 26t Ml 248 Willys-Ovd pf 7, 100 100 100 Wilson Co pf A, 7 204 Woolworth (6)., 1781 179 Worthn Pump. 014 Wright Aero (2 Wright Aero rts Wrigley (16%).. Yalo&Twne(16). Yellow Truc! | Youngatn Sh(s IR Hourly Sales on N. ¥, Market. Hlama, 684800 13 m, 907,600 | L0 1190000 3 pmes, 1417000 | Dividend rat &1ven In the abave table are the anni on the | lateat auarterly gr -yearly rations * Unit of trading less than 100 shares 1 Plus 4% in stock 8 Plus o Plun 1735 tn stook ald Lhis vear—no rexular raie. b Pay- anle'in atock. o Plus B in atogk d Pay. able when earned o Pavable ln casn or stoc) ¢ Com Powr (13).. 72 73 more than 1 per cent from April 15 W | Connot Cgrm (1), 9 9T ere 1 per cent le pwolGas pf(6) 10 Maytag st pf(6) y Mexican Seab. .. Mex Seabd O rin Misn Cop (1)., Bia-Continent,, Middie SLa 4| Mid Blates cif Midland pf(112, Miiler Rubber 1014 6% Ain 26% 115 | 50 4 i 95 #0 1 650 | Bih 145% ear, but she k - Container A 1,20 21 per cent | Container 8 606, oranges, 121 Cont Baking A.. 5 per cent. | 4 per cent. @nd | Cont Buk of (8) cent, Eight articles de- | Cone Can ¢6). uded potatoes, 6 per cent: | ¢, flakes, canned tomatoes ) 1 per cent, and cheese, | Corp KxBnk(20) 650 650 650 vegetable lard substitute and tea, less| Corp pro «13). 68% 69% 6 than one-half of 1 per cent, ‘Thirteen | Corn Prod pf(7) 145 145% 14 arti showed no change, including | Coty ine 1g6) 162% LBive 162% hens, fresh and evaporated milk, bread | ( % 84 % end corn meal | Crueiblept(?).. 117 117% 117 Increases in the average cost of 00d | Guba Cane Bu pf 2 2 occurred in 46 of the 51 principal cities, | Cubs Company . e 2 sanging from 4 per cent in Louisvilie | Cuban Am 8 (1) 10 % per cent in Baltimore. Birmingham | Cuban Am pf(1) and Cincinnati: 2 per cent in Chicago, | Cudany Pk (4) Philadeiphia, ft. Paul, Be and | Curtiss Aero (1) Washington. and 1 per cent in Boston. ' Cushman's (§4), New York, Detroit, New Haven and BL | Cutlr-Ham(s %) Louts. | Davison Chem. . Debentimniz 18) Deere&io plil) el & Hud (9)., Un: Plo 1st pf(£) Uni Pive & R(2) ULl P&L Ace2)., vanadium (14).. Vick Chem (4).. Vigtor Talkg(4) \ BOOKLET 570.G SW.STRAUS & INVESTMENT BONDS . 929 FIFTEENTH STREET Telephone Main S847 WASHINGTON onjons creased butter 9l 0 g 12 T3t 1% T Mo Ka'Tex pl(7) Missouri Pacifie. Missourt Pac pt. Montana Pow(6) Montgimey WATh. | Moon Motor. ..., Mother Lo(30e). Motion Plo Corp, 19 | Motor Seter A, 101 | Motor Whi (3).. G| Mulline Mfg 49 | Muliins B pf. 179 | Munsingwr( 62 | Murray Corp. 45% | Nash Motra(18), 4i% | Nat Acme (sta). 125 st ety 4214 | Nat Biseutt (17) Nat Cash R A(3) v % Va-Car Ch pf(7) Vivaudou Co. , Vulcan Deun, Wabash. .. Wabash pf A ( Waldorf (1%) Walworth (1.20) Ward Cl A (8) Ward Bakiog B, Warner Plo A Warner-Qu (2 Warren Bros(4) Wells:-Fargo,... W Penn 11 A(7) W Peon Kl pf(6) W Penn Bl pf(7) West P Po pf(7) DalryAid) L Dairy B.., " 2 8 Maryland, h Aol West Md 24 pf,, 10 West F'acifio, «on a0 104 1i7% 1% 2% CO. e 19w 19% INCORPORATED 101 101w 100 61 64 63 “n'y “i 19 ET Y 44 ] 104 " anton 99 17 1 62 45% 41 4 4in 125 84 106 105 1025 1025 1083 109 He 1 ¢ Parily extra SILVER QUOTATIONS. W YORK, June 20 %) —Bar sil-| 0011 g (v7). 594 ; Mexican dollars, 45 Datroit 14 (8), - . DevoekR(1280) The Prince of Wales plans an aulo Diamond M (19) {our 1p Africa, Logue Bros A..u -~ g ESTABLISHED IN 1882 106 16y I 174 132 182% 20%% 20 2 N | " b rkfl (l| ’UEII“). 1710 ‘h“'lmlkll‘""lkm " nited Clear 04 ool on atock, B Mus 124 13 W6 20k 0 PN P AR gl B - ol dlali ™ Bon s