Evening Star Newspaper, June 22, 1928, Page 14

T YOU MORE HAVE DAYS In Which to Cansult Our txper's About Your COMPENSATION INSURANCE Howard W. Phillips & Co. | Edmonds Bldg. i NANCIRLY " (CAPITAL TRACTION EARNINGS DECLINE | Net for May of $67,728 Com- | pares With $73,248 for the Month in 1927. COMPENSATION INSURANCE M. Le Roy Goff ALL SRANCHES TRANSACTED 613 Woodward Bldg. Main 340 EXECUTIVE AVAILABLE Desires position as _secretary to Woman of aflairs, or as man- EXCHANGE YOUR HALL BEDROOM . a room and all the comforts he & airy_room will give vou the laugh on mugey midsummer. and the Qining_room menvs will _tickle vour palal Buck & Company BRORERS Established 1916 Stocks Bonds Grain Cotton Woite or cali for weekiy marker koo No Obliganions BUCK AND COMPANY Evans Bldg 1420 New York Ave. Franklin 3300 Money to Loan Secured by first deed of trust on real estate. Prevailing interest an ymmission. Joseph 1. Weller 1% Wash. L & Trast . 9th & F N.W. Compensation Insurance Rates and Information without obligation. EAVER BRO REALTORS Main 9486 80915thN.W. WRIGHT, SLADE & CO. Members : New York Stock Exchange Chicago Board of Trade Stocks and Bonds Bought and Sold for Cash or CARRIED ON (ARGIN THE MAYFLOWER HOTEL' Connecticut Avenue at De Sales St Telephone Main 370 Resident Partner FIRST & SECOND TRUST MONEY Complete Financing —of both FIRST and SECOND | ‘trusts on | —HOMES —APARTMENTS —BUSINESS PROPERTY No Appraisal Fee Prompt Service Real Estate Mortgage & Guaranty Corporation Main 1403 26 Jacksdn Place Taiors to Gentlemen For 8 Generations SRS srget the ther- Hei- Suit. than Cool, lored SRR igger Po¥ouNisil Money We Have Unlimited Funds to Lend at 5 /2% Interest For Periocds of 3,5 or 10 Years In Morylond, Virginis and the District of Columbia % Nearby [’1 fi, Quick Service Economical Plan Courteous Attention B (OSSE2PHE| FS 2] Founded 197 ? 417 K St. Main 9300 { Loan Correspondent fotn Hancock Mutual Life Insurance ( ! excellence of BY EDWARD C. STONE. Earnings of the Capital Traction Co. for the month of May and for the first five months of the present year were filed today with the Public Utilities | Commission, and |both revealed a { falling off in not {incom? when com- I'pared with the cor- | responding period a year agd. Operating reve- {nues for May of this year amountea to $386.038.63, as |compared with 91.344.19 in May, perating d taxes the total $201.457.38. as lazainst the slight- | ly higher figure last ;\t’lr of $291,764.30. | The wusual «.- ductions from the operating revenues lleft a net income from operations of IS’N 581.25, in comparison with an op- | erating income of $99,579.89 in May-a | vear ago. Other deductions left a net income for the month of $6 8.27, | while the net income in May, 1927, | amounted to the higher figure of | $73.248.36. | The moderate falling off in net in- rcm- for the month was largely due to a slump in the number of revenue pas- | | sengers carried on the company's lines. | Revenue passengers in May of this year | tetaled 5.197,016, while in May. 1927, | number of passengers using the | | strect car service was 5,334,935, Net Earnings for Five Months. Net carnings for the first five months (he prcsem year amounted to 9.999.73, in comparison with a net | of $329,277.05 in the corre- | <pondlng period last year. t The report to the Utilities Commis- | sion shows operating revenues of $1,- 1889,950.50 in this period, against $1,922,~ 100422 & year ago. The company paid out in expenses and taxes the sum of' | $1,447,143.49, while this figure a year ago stood at $1,464,218.99. This left an .opcnun. income of $442,807.01, com- | | pared with the return in May, 1927, of | $457.785.23. 4 With the lower net income for the | five months it is to be expected that | the number of revenue pnvnqm would show a decline. The Traction lines were used by 23,50! W{ revenue passengers in the first five months of this year, while the number a year ago was 26,240,979. | In April of this year the company reported net income of $71,504.85 and passenger traffic of 5,140911. note that while the Whliam H. Baden. Address Arouses Wide Comment. The address on “Fiduciary Rehuon- md pmmled ‘Oo‘umbtl bankers’ convention, is mn | being t-wnbly commented upon by ! members of the association. Mr. Baden, | who is trust officer of the Washington Loan & Trust Co. has given fiduciary | functions a vast amount of study. manner. The field Ty conceivable serv- ’ ice in connection with the administra- tion of property. Mr. Baden touched upon a score of the most difficult points and in conclusion said: “Let us never !or‘e! that' death is | mevitable! " The rich as well as the | ]poordle thntheneed!orfldumny ice will continue as long as death the | C & O Corpn (3). | its mission to the public is service. Excel | such service is not in lowering fees to || an” unprofitable degree, but tendering fous tration so that its service will be a | | benefaction to the public.” More Dividends Are Declared. yable June 20. Firemen's Insurance Co. of this lty will ptcy l.'suelmlilnnunl d‘vmld:nd o: T cent on July 2 1o stockholders o reoofd June 23. The National Union Insurance Co. of The directors of the Potomac Savings Bank, in Georgetown, have declared the/| | regular semi-annual dividend of 5 per | | cent, payable June 30. | Land Bank Dividend Also Vpted. At a recent meeting of the board of directors of the Potomac Joint Stock |Land Bank, after setting over to re- ! serve the amount required by law md adding a substantial amount to earned surplus, declared the usual 3'; per cent semi-annual dividend, ylblem.luly 1 to stockholders of re {une <A o1 $500,000 ‘The bank is offe Childs & Co. a new 141, per cent farm loan total resources of the bank are now in excess of $7,000,000. The capital was recently increased to $400,000. New Broker Office to Open Here. Westheimer & Co. will open brokerage offices on_the first floor of the Wood- | | | ward Buflding next Monday., The of- fices, which are being fitted to furnish a_complete_service, will be in charge !lof Harmer P. Reeside, who is a member of the Wash! Btock Exchange, | and has been active in the local finan- cial district for the past five years.|C Westheimer & Co. are members of the New York Stock Exchange, Baltimore Exchange, Salt Lake Mining Exchange, Chicago Board »f Trade, Cincinnati Btock Exchsage and associate mem- bers of the New York Curb. They are correspondents of J. 8. Bache and Har- ris Winthrop. | Local Securities Steady Today. | Washington Gas and Peoples Drug | | \were the features on the local stock | exchange today. A block of 100 shares | of Washington Gas moved at 95%. One share of Peoples’ Drug sold at lfll M\dx 25 more at 107%. Chestnut Farms Dairy preferred came 1 out at 104, Potomac Electric 5'; per cent preferred at 107 and Pederal- American Bank stock at 338, Wash- ington Gas 6s, series B, changed hands | at 106'; and 1062, and a $2,000 turn- | | lover in Potomac Electric Power 6s was | recorded at 107%. The ex-dividend ist is the longest it has been since the first of the year Heard in Financlal Distriet, Beeretary Mellon announces an exten- | igiseirio Hoat. .. sion in time for the purchase of Third Liberty loan 4'y per cent bonds at 100 1-16 and accrred interest The Washington Bond Club is having it frst annual outing this afternoon fat the Burning Tree Club, with & party of over 70 financlers, | Am Locomot(8) , | Ch1 & Aiton pt.. in | Chi & East 111 pt NEW YORK STOCK EXCHANGE Received by Private Wire Direct to. The Star Office. Open Abitibl Power(4) 5% Abitibi Po pt (6) 102 Adv Rumiey. . 3% Adv Runuey of. 19 Ahumada Lead. 37 Air Reductn (2). 6 Ajax Rubb TN Alaska Jun 3a Allfed Chem (6) 168% Amerada (2) 31y | Amat Leather.. Am Agricu) Chm Am AgriChif. . Am Bank Nit3). Am Beet Sug Am Boseh Am Bra Sb 1.60,. Am Brown Bov, Am Can (2).... AmCar&Fdy(6). 1 Am Chicie (3).. Am Drug (8vc). Am Express (6) 16 Am & For Pow.. 33i Am&ko Po pf(7) 105t Am Home Pre3) (5 Amlce (t2h).. 36a Am Iniernatiz) 92y Am LaFr&Foam ok [ Am Linseed.... 113 941y 461y 145 53 T3t 1% 19% Bile 105% 16 32% 4la 15% 83l 76 12 Am Metals (3).. Ath Piano. . Am Piano pf. ... Am P& L., Am Radwtor (6) 153 Am Ry Expi6).. 118 Am Republie b84 Am Saf Ra 14y &% A Ship & Com 4 Am Smelung(§) 159 AmS& Rof(7). 131 Am Stl Fdys «3) 514 Am Su Fy of (7) 1104 Am Sugar. T Am Sumatr: Am Te! & T Am Tel&Te Am Tobuccots). 164 | Am TobaccoB(8) 154 Am Tob vri8).. Am WW&Eliel) Am Writ Pa cifs Am Zine. At Zine pf. Anaconda (3). .. Archer-Dan (3). Armourbel pf(7) Armour, 111 (A). Armour. 1l (B). Arnold Con & Co Artloom pf (7)., 108 Art Metut (1%). Asso DG 1st (6) 105 Atchison (10).. 1874 Atchison pt (5). 108 At Coast L(110) 170 AUGUI BT (3).. 5i% Atl Reflning (4). 129% Atlas Tack..... 14 Aus Cred (4.40). 64 Austiw-Nichols.. & Balto& 0 (6)... 106% Bambgr pf(6%) 1084 Bang & Ar (3%) 664 Bank of Manc16) 778 Barker Bros.... 3l BarkerBr pf 6%. 101 Barusdall A..., ¥ Beacon Otl..... Beechnut (13).. Beiding Bros (2) Best & Co (3)... Bethlenem Steel 10 N 1ty 231y B3 645y 83 Haie 185 4 334 Sla Bom 47 240 British Kmpire. British Emp 2d. Brockwy Mot(4) Bkiyn Edisni8), Bkiyn-Man (4). 59% Bkiyn-Man pf 6. 29% BrownShoet2%) 46 Brunswick B «(3) 41 Brunswick Ter.. 3l% 1.... 8o ceviZig) 44 rosA(8) 113% Burns Bros (B). 2w Burns Bros rts... 3 Burus Bros pf 7. 108 Bush Term (g2) 514 Bush Ter de (7). 109 ButteCop & Z.. Tl Butle & Sup (2). 11% Byer & Co. . 9 By-Prod(t: )e. 69 Callf Packg t4). 79 Cailahau Zinc 3 Calumet&Ar(6). 94 Calu & Hecla (2) 22 A DryGAle(3) 177 ‘an Pacifio (10). 200 Case Tareshg(6) 251 Cent Alloy (2).. S1% Cent Alloy pf(7) 109ia Cen Ry NJ1112). 310% Cerode Pas (4). 70 Certain-Teed(4) 454 Ches & Ohio(10) 180 664 9in 140 Ch' & Alton..... ChiGreat West. Cht Gt West pf. Chi M &SLP.. Chi Mil & StP pf Chi & Nwb (4).. Chi R1&Pac 6), 111% CRI&PPI(T). 1074 Chickasha (3)... Childs (3.40)... ChileCo (3%).. Christ! B(1.20).. Chrysler (3).... Chryaler rts.... City St B5%stk. Cluett-Peabis). Cocoa Cola (6. Coliins & Afkmn 0 8 Col Ga B (6) 106% Col G&I& of A(8) 1075 Com Cr pf Bi2). 26% Com Cr pf(1%). 26% ComCred 1st 6% Com Soivents Com Power (3).. Congolenm-Nuir Conley Tinfoil.. 1 Cong Cgrs 14%.. 69% Consol Jas (b).. 143) ConsoltGas pfb) lulh ConRKCubs pt § Consol Textil Contatver A 1.20 Container & 6 Cont Baking Cont Baking B.. Cont Bak vf (¥) 22'% 3l The | Cont Can (6, Cont insur ¢ Lont Mout l(uc) Corn Prod (73). Corn Prod pf(7) l“\ Cruciblesieel(8) Cruetble pf(7) Cubs Cane Sugi Cubs Cane Su pf 23 Cuban Am 8 (1) 19% Cuban Am pf(7) uuv- Cuyame) ¥Fruit.. 61l Vavison Chem.. 44's Deere&Co 0f (7). 124% et & Hud ()., 191 Law (). 136% Denv G Wn pf. b3 Detroit ta 198 Devoe& it 12 490 Viamona M Dodke Bros A | Dodge pf et/ (7 Dodge Dome Minestl) Drug ine (4) Dui88& Atian, Dul 88 & At pf. Dunmily tot Dupont (113.60) 856 Du Pont deb «8) 118 Dua Lt ist (6),. 101% Kastman (18)... 1704 Katon Asle i2). 3b% Wiseniohr & Bro 16 Eitingon Sehiid, 35% Eitington (2%). 104 Klec. Avto Loi)n B4t 1% A 127% 1 il wk L)) KIPok Lt £pd(7) i51e0 Hior Hatih) 131k Horn . 1k Horn of , Hoan-Hrantemi ) En@inssis I'ub 8 7 Am Po&Lt pf(6) 104y 1 Aigh Low 60l 59 102102 37% 86 49 4 R%h 3% 62 60k 3 T 34 34 168% 160% 31ls dl4 1y 1Y% 19% 194 67'9 66'% 106 105% 1 16 83% 106 106 7 Boia 91 sy 1330 132 s s 1t 1844 1501 154 15813 120 120 5ol bd 1y 1% 243 2319 B 83 6ol 261 FTI 86 18 10 9% 375 36% 109 109 280 284 105 105 IaT4 1874 108 108 1324 170 alt b1% 130 12s0 %, 1 61 64 .. 56 107%- 106 1084 108t s 4 1b6% 155 T4 T4 *3ta lfll'a 1094 3104 310% Tl 694 4ol 45 1804 179% 67w 684 100 9% 16 14 61% 60 1L 104 244 224 3 3l 434 4l Bl 9% 1124 1113 107% 1074 46 46 4% a4 6N 105% 106 1074% 1074 26% 26ly 26% 264 0% 90k 1434 143 3% 78 22 224 1 1 70 69 143% 141% 101% 101% 105% 108% 9% Y 64 64 98 95 174 174 52 b2 b1 b0 A% 43w 120 124% 191 1884 1354 1300 134 664 13% 67 [ 1 18 1% o1 1704 170% abn @b 15 (bW 854 Bk 104 1044 6 63 i 1% B5% 4% 1274 IH' Close 594 102 364 62 T sl 187 8114 1Yy 19% 63k 1054 16 1544 1541 143 101% 6 3% EquitableTr(12) Erte R R Fairbanks Co. .. FairbankMpf(7) KedLixhtinl 40) Ked Mot TifRUc) Fidelity P (2)... First NatS(1%) Fisk itubber. ... Fisk 18t pf(7).. Fleischmann(3) Fox Film A (4). Freeport (16%). Gabriel Snub A.. Gardner Motor.. Gen Asphalt.... Gen Cable. Gen Cable A (4). Gen Clgars (4).. Gen Klec (15)... nkles spi6ic) Gen GasAtol ) Gen GasBrel ) Gen Motors (1) en Mot pf (7). Gen Outdr Ad(2} Gen Ry Sig (5). Gen Refrac (3). Gold Dust (3). Goodrich (4).... Goodyear Tire. . Gooayr 1st pf(7) Gotham ($2%).. Gotham pf (7). Gutham n (3215) Graham-Paige. . Granby Min (4), Grand Un cv pf. Grt Nortn pf (§) Gt Nor pf cfs5) Grt Nor O (1%). . | Grt Wn Sug 2.80 Greeue Cana(4). Gulf Mo & Nor., Gulf States Sti Hanna 1st pf... Hartwn Bi1 30) Havana El Ry.. Hershey Corp. .. Hershey pf (4). Houston Oil.... Oper 439 524 65 10% 109 b3l 18% 734 334 12 82 6% 51y 64%h 14 4ih 7 STl 4y il 48'y Yl 6y 11y 75 % N 43% 990 96l =0 Al 5l 1244 Howe Sound (4) 56 Hud Man (2%). Hudson Mot (5) Hupp (£1.40).... Lliinots Cen (7) Indeb Oil (1) Indian Mot(1% indian Mot pt(7) indian Kefining. ind Ref uf(7). 6% 8l 56% 1 indian Refg ctfs |nx soll R(t5 ration Copr lnurborolhv Tr Int Cont Rubber. Interuat Agri, int Bus Ma (5).. Lot Cement (4). int Com Kng (3) -5 int Harv 1i6)... 1ot Harv of (7).. Int Mteh pf 3.20, Int Mer Marine. . int Mer Mar pf. lut Nickel (2)... Int ;:lnr (3‘410). lat ot (7 intl s-‘fi'm. Int Tel & Tel island Creek (4) Jewel Tea (4)... Jonns-Maran(3) Jones & Lau (7) Jordan Motor... Kan City South, Kan C So vf(4). Kansas City Sou t\-y-r J (5) Ketvinator Corp. Kennecott Ci6). Kinuey pf (8). KraZt (g1%) Kresge (11.60).. Kroger Gro tcl). Laclede Gas( \0) Les Tire & Rub. Lehigh P Cmt. . Lehigh PC pt(7) LehighVali3i). Leho & Fiak(3). Lig & Myers(15) Lig & Myrs B 16. LousGasA(1.76) Ludlum 8tl (2).. McAndrews 2. o McCall Corp ( lckeespt Tin o Mack Truck (8). Mad Sa Gn (13%) Magma Cop (3). Man El Sup l::. Mathieson (8).. Mathieson pf(7) May Dept Si4).. Maytag pf...... Maytag 1st pf(6) MetroG pr(1.89) 101% 104% 121% 120'% 120 Mexican Seab... . Mex Seabd O rts Miami Cop (1).s Mid-Continent Middle State: Mid Statescifs. . «Midland pf(112) Mitler Rubbe Ill Nat Bisouit ('1) Nat Biso pf(7) NatCash R A Nat Dairy (3).. Nat PowdLt (1) Nat Radiator. . . Nat Ky Mes 2d.. NatSurey (10). Nevada C1%). NoTer & M), N Y Air Br (). Central (8). ‘ent. rts & SiL8). Dock urlm(lfi) ta y N Y 8un vt 1‘].. Norf & Wnur NorAm % .Ii North Am of (3) NorAm Kd pfe7) North Pue (6 Nor Pao cfs « Ol Well 8 pf, winniby OppmCollina(£4) Otis Klev (17) Fag Coast 2d pt. 1weino (iae (4). . Pacific Light (3) Paa L1l Btube. .. Pao Tel &1 (1), 100% 176ty Ha% b i I Vil 9% 1Y% ew n High 469 b3 blis 65 Open High 13 734 2% 42% Low. Close. 1% 2% 42% 19w Low Close. 469 469 ol% 82% bl Packard Mot (3) Pan-Am Petrolm Pan-Amer Pet B Pan-Am Wn B 14% 8) Park & Til (13). Park Utah (80¢) ) Penn K R (3%). Peorla & East. .. PhilaCo8 % pf(3) Phila & RC& 1. PhilllusPetti i) Plerce-Arrow. .. Prerce-Arrow pt Plerce Oll. . Pierce Oll pf.... Plerce Petroim. . Piilsbury (1 80) Pl IAYY pfi6i) Pitts Pitts Coal pf Pitts Ferm Coal. Pitts&W Vai§) . Porto Rico To A -Porto Rico To B. Postum (6)..... Pressed Sti Car., PrStl Car pf(7). Prod & Refiners. Prophylac 131 Pub Serv NJ2). Pub Serv pf (6). Pub S NJ pf(7). Pub SE&G pf(6) Pulimun Co (4). Punta Aleg Sug. Pure Ol (50¢) Purity Bak (3).. Rad1d Corp. ... Radio Co pf (3% RS HICels (4). Reading Ry Real Silk Hos. .. Real Silk vf (7). Remingtu-Rand Reo Mot (11.20). Rep 1 & S (4). Rep 1 & S pf (1). Reynolds S . ReynidsTobis(6) Reis Robt & Co. Richtield Oil(ql) Rossia ins (5).. Royal D(a1.343) St Joa Lead (13) StL & SanF (18) StL&SF pf 1st p StL&Southwest, Schulte (£3%).. Schuite pt Sears R (nzi). ShellTradayic) Shell Un (1.40). Shubert The (5) Simmons Co (3). Sinclair Oll. ..o Skelly 01l (2) Snider Packg.Co Snider Pkg pf. .. So Por Rie Stf2) South Calif Ed.. South Dairres A. South Dairies B. South Pac (6)... Southern Ry (8) SouRyM&O cfs ¢ Spicer MIg...... Std Com Tob (3) SHG& K (3KW). Std G & El Corts Std Mulimg 8).. Std Mullg pf(6 Std ULt (2% St OUNJ(11%) Std OINY11.6¢) Std Plate G Std P Glass pt Strom Car (3).. Stewurt- War (6) Studebaker (5}, Studebak pf(7). Submarine Boat Sun Ol (al).uus Superior OIl. Superior Ste Sywmiogton Cl A, Tenn Copper (1) Texas Corpn (3) Tex Gulf But (4) Texas& Puc(5). Tex PacC & LN Tex Ld Trinew) Thatcher Mfg.. The Fatr (3.49) 6 Prod ( Tnbla Prod A(T) Transront Oll. .. Trico Prod(2% Udwa-El Fi4).. Un Bag&Paper. . Union Carb (8).. Un O11 Cal(3)... Union Pae (10). Un Pacifie pf (4) Utd Biscuit 1.60. UtdBiseult pt(7) UtacCgrsucsoe) USCI1PpIT).. U S Distributing Smelt (3%). Steel t7)... 8 Steel o2 (7). U S Tobacco(3). Ua: Plo 1st pt(8) Ual Pipe & R(2) Unl Pipe pt (7). Util P&L Ae2)., Vanadium (14).. Van Raalte. .. Van Raaite pf Vivaudou Co.... Vivaudou pf ( Vuican Detin. Vule Det pf(7) Wabash.... Wabash pf A (5) Waldorf (1%).. Walworth (1.30) Ward Baking B. Ward Bak ot (7) Warner Pl A... Warner-Qu (2). Warren Bros4) Warren F&Pipe. Web&Hell pf(7) W Penn Kl A(7) W Penn Kl pt(§) W Penn K1 pf(7) West P Po of(7) West Dairy B, .. Maryland. t Md 2d pf.. t Pacifio. ... Union (8). Weston Blectrie Weston A (2)... Wheel & L Erie. White akie (2) White Motors(1) White Rock (2). White Sew Mach 3 White 8M pf(4). ' Willys-Overland Willys-Ovd pf 7. Woolworth (6). Worthn Pump. . Wright Aero (3) Wrigley (16%). Yellow Truok... &2 83 Younssto Sh 85 85 Hourly Sales op N. ¥. Market. tam.. 391,200 13 m 100 071,000 ¥ om. 1,047,000 llun n ; ve mn- 3 g s n Methods of making plnu glass being tried in Belglum permit continuous operation In turning out a thinner glass. 1w (LU L Y |a16‘ 5 | and pal | the Pittsburgh & West Virginia case. 14 | Over 5 poin | 1$1.78 @ share in the first quarter on | the “A” and “B" stocks, against $1.61 RALS TAKELEAD N FIVAL TRADING Lower - Priced Carriers’ Shares Features of Market. Industrials Irregular. BY GEORGE T. HUGHES. Special Dispatch to The Sta.. NEW YORK, June 22.— Railroad | stocks again assumed the leadership in (today's market. The turnover was small, and the industrials at their best | | were only irregular, but the rails v\rre: uniformly firm and some of them strong, especially in the last hour. The lower-priced rails were the fea-! tures. Western Maryleand had a spec- tacular rise of some 6 points. Mis- sourl, Kansas & Texas was taken in large blocks at higher pric: Missouri | Pacific, New York, Ontario & Western, St. Paul preferred, Wabash and others were in demand. In the dividend-p: ing grcup Delaware & Hudson was con- spicuous. Texas & Pacific jumped 5! points. Opening__quotations were slightly | “ | higher. The reduction in brokers’ loans of $158,000,000 was about in line with expectations. It brought about | some short covering at the start, but| when this had been satisfied the list relapsed into dullness. The continuing | high rate for call money, which renewed per cent, was a damper on specu- | lative sentiment. Higher Money Outlook. ‘ With heavy interest and dividend | | disbursements to be cared for on July| 1.a higher charge for day-to-day funds | is not improbable, and until this date | is passed there will b2 nothing in the | money outlook to encourage operations | | for the rise. { Scattered strength in independent | motors was due largely to merger de- velopments, actual and potential. Ap- proach of the time for deposit of Dodge | Bros. stocks in ratification of the merger | with Chrysler induced buying of all the | stocks concerned. Chrysler at one time was up over 3 points and Dodge preferred 2 points. | Then the story was renewed that Stude- | baker and Pierce-Arrow would be com- j bined. Pierce-Arrow common and pre- | ferred responded with an advance-and | Studebaker itseif was somewhat higher. General Motors fluctuated uncertainly. | first up and then down, on a small | volume. Rubber Shares Weak. | Rubber stocks were weak, especiaily | U. 8. Rubber, the common and pre- | ferred of which went to new 1923 low: | Goodrich and Goodyear sold off sym ‘pathelicsll) Steel opened higher but | came down afterward. Some of the | | copper_shares were in demand, among | them Howe Sound, but others reacted. | There was no renewal of the attack on the railway equipments, which had (en- tured the markets the day before. Railroads were relatively firm. West- |ern Maryland stood out among the | the lower priced stocks, partly because of the retirement of short contracts rtly because of the decision in Delaware & Hudson was well taken around the high of the day before. | Texas & Pacific gained, but Southern | Pacific, Erie, Chesapeake & Ohio and | others weakened. { Flurry in Tractions. After noon the market was enlivened | by a flurry in the traction stocks. Third Avenue was the leader of the demon- stration, avuncin: from 32 to 37!s, up Manhattan made symnnlmlc gains. | The general market was much mixed and very -dull. Up to 1 o'clock sales were not much over 900,000 shares, or below the volume of Thursday at the| same hour. Radio was outstandingly strong. up over 6 points, but Generai Motors and Steel held under the pre- | ceding close. v stocks - were | stmng noubly Chile Copper and Greene Cananea. Features in the railway list were still Western Maryland and Texas & Pacific, ur‘:llll of which added to its forenoon gain. FOX EARNINGS RISE. NEW YORK., June 22 (#).—Fox Film Corporation and subsidiaries earned a share on a smaller amount of stock outstanding in the first quarter last year. The inérease was due partially | to acquisition of the Wesco Corporation during the period. WOOL TRADE SLOW. BOSTON, June 22 (Special). ——Ar—( rivals of new elips of territory wools, especially the medium grades, are be- | ing accumulated here, but u'wlnx was | slow today in the Boston wool market. ! Pulled wools remained firm, although inactive this week. Fine territory was quoted at 1.18a1.20, clean basis, French combining at 1.08a1.10, half blood at 1.12a1.15, three-eighths blood at 1.08a 1.10 and quarter blood at 1.00a1.05. Fine Ohio fleeces were quoted at 50a51, | grease basis; half blood at 51a52, three- | el:htns blood at 56a57 and quarter | | blood at 5 DIVIDENDS. Pe- Pay. Rate riod Scs- . 8300 Hidrs. of Compa: rd, %0:c00053 seeres 5 ap {in} | Byers M £ Commonweaith Pr ICcnlmem.l!‘l o hy " Packing, elity & Ph Fire ns nev (in) Pulion Trust. -3 ::_,!,_,, 2255 < 0, £.C00; g5z coer see S, £ eet 1 TRaTganee -s.? o3 3 %2 ) i ST e~ R R R SRNE e’ ;fl:nllnier Gons G M B Muuvlar & Nash'. MacAnd & Fo 2R ,§.§._ » o5 02 2000000000, 3 EE2 = 3 Feung E2EE by 1 £E £ Do. pi....'0 Pagkard- Elec gzm.m'xm. Co . ers & Scov . ot o, o, > % et Eusions! £ Do.. ‘ot Seagrave Corp' . Selby 8hoe (in) Do, $8 pt (ini. Union Metal. ... Uy Sery Gar (in} l Q July 3oc L) Fing nrul Y Wetton Elec (n'A 0 doc Woo e Ao galle & B o .m. in cash’ or stoc! SKOBT-TE“ “cunITXE& (Reported by J. & W !elumlnmd co Aluminum Co. of Amer. 53 1952 lfl American’ Rudistor T 1hed American T8 ¥ do 6 i ‘331\ 20000 > Yol rewon Short ..:h &mn Ku Itx G% L) 3 ....,wm. b, lf“ :n oline inl“ 'oo--':g s nr | By the Associated Press. ‘total United States shipment, 1,387 ca DISTRIBUTION BY D. & H. couogAztg g:;:.j::::;s TALKED IN WALL -STREET NEW YORK, June 22 U916 was re- anld ported in Wall Street today. that & plin Bullish Private Crop Reports,| Showers in South and Good would be submitted to the stockholders of the Delaware & Hudson Railroad n | a special meeting Tuesday for the dk- |t el the Wal and the Trade Are Factors. ] ‘Although officials of the-line derlincd to confirm this report, apparently on the strength of it, the stock was bid up | nearly 10 mlal"ils ox;)t:lxe New zor)}:{‘;l;ork = tton | Exchange e aware Ison o ioupe 22— The 0NN | i its holdings in the Wabash and market opened stcady today at an ad-|pe 1ehigh to the Pennsylvania for vance of 5 points to a decline of 1|$63,000.000, realizing a profit of more point. Realizing and some selling, pro- | than $20,000,000. moted by the extent of the recent ad- | vance, relatively easy cables and rather | | better crop reporis from Texas, was | absorbed at declines of about 3 to 5| points, however, and the market firmed | up again. Active months soon showed | net advances of 5 to 10 points on ap- prehensions of showers in the South, ‘ the bullish character of most of the | private crop advices and more favor able reports from the cotton goods trade. October sold up from 21.26 to 21. and was holding within 2 or 3 points of the best at the end of the first hour. The market sagged off again during the morning under continued realizing. but steadied on the forecast for showe: over the greater part of the Sou Trading was much less active than yes- terday. but the market showed a stea: tone toward noon, with October selling’ up to 2143, or about 14 points net aigher. Late Winter and Spring months wera rather slow to follow the advance. Prices generally showed net gains of about 3 to 12 points at midday. | POT;TO MARKET DULL. CHICAGO, June 22 (#).—(United Slates Department of Agriculture)—Po~ tatoes—Receipts, 53 cars; on track, 189 PRICES ON PARIS BOUBSE PARIS, June 22 (P).—Prices were | weak on the Bourse today. Three per cent rentes, 73 francs 40 centimes: 5 per cent loan. 94 francs: exchange on London. 124 francs, 20 centimes. The dollar was quoted at 25 francs 467 centimes. SECOND TRUST MONEY See us if you want a second trust loan to refinance your property. Loans on D. C. real estate made at low rates and convenient terms. W. H. WEST COMPANY Founded 1894 916 15th St. Main 9900 Over a Third of a Century’s Experience new stock, trading very slow, market dull; Alabama, Louisiana, Texas, sacked., Bliss Triumphs, 1.40a1.60; poor, 1.00 up: "Jnrth Carolina, barrel, Irish Cobbiers, 2.40a2.50; old stock. very light trading, 100 few sales to establish a market. SELLS WAREHOUSE INTEREST ATLANTA, Ga.. June 22 (P).—Sale by Asa G. Candler, Jr., Atlanta clpilallst,‘ of a controlling interest in the South- | eastern Compress & Warehouse Co. to | Anderson, Clayton & Co., cotton factors | of New York, Houston and Atlanta, was announced yesterday. A cash considera- tion of approximately $4,000,000 was in- | volved in the deal. Prcmptness is an essential factor in han- ing all rental problems. Delay is indulged in at costs that cannot be quickly made If you—as an owner— SILVER QUOTATIONS. NEW YORK. June 22 (#)—Bar sil- ver, 59%; Mexican dollars, 543, i rience, you will find it profit- able to turn the problems of management over to us. RUBBER ADVANCES. NEW YORK, June 22 (Special).— Crude rubber, smoked ribbed shs advanced one-fourth of a cent at_to day’s noon quotation of 19%. This! compares with 18% a month ago and | B..F. SAUL €O. Main 2100 925 15th St. Downtown property specialists "ORTHWHHNLE values, in investment properties and business locations, that characterize the activity of an organization with an enviable record of accomplishment in this field. Equitable Co-Operative Building Ass'n JOHN JOY EDSON, President W:\L“I S. PRATT. Jr., Secretary l)rnnhd 18 h YEAR COMPLETED .. 85,449.244.49 'i-r)lu and Profits. . .§1,578,070.05 Assets...... Subscriptions for the 95th Issue of Stock Being Received JOIN the Equitable’s Systematic Saving Plan Are vou 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 systematic savings ac- count here. Prepare for your pwn future while you are able. Start NOW. 915 F St. N.W. COMPENSATION INSURANCE 8 DAYS LEFT THE U. S. EMPLOYEE'S COMPENSATION COMMISSION WARNS YOU TO INSURE BY JUNE 15th “as the Law does not excuse anyone from having everything done before the 1st day of July. All you havé to do is secure the policy from any authorized insurance company.™ AN ORDER GIVEN US NOW WILL SECURE YOUR FULL (‘O‘\i- PLIA IAN( E WITH ALL REQUIRE- MENTS OF THE LAW. INSURE NOW “Phoenix Service" BRADLEY, BEALL & HOWARD, Inc. 1512 H St NW. Main 2660 ’