Evening Star Newspaper, June 22, 1928, Page 15

FIN TRADING IS LIGHTER ON BOND MARKET S. A. L. Adjustments Drop. Rubber and Tire List Has e Better Tone. ! BY CHARLES F. SPEARE. @pecial Dispatch to The Star NEW YCRK. June 22.—The strength displayed by money rTates today Te- duced the volume of trading in bonds and had some efiect on prices. Dealers look for another weck or 10 days of sdff rates. With this in prospect and |'ge, the market for many issues up 1 to 2!y points from the low level of Jast weel they are not disposad to increase thed commitmenis. The only movement of prominence oocurred in the Seaboard Air Line ad- Jjustments, which dropp“d 5 points in Tesponse to the decision‘to pass the ad- justment interest due August 1. At 45 these bonds were a point under their us lov of the year, and compared with 8214, the high around February 1, when the last interest was paid. The refunding 4s and consolidation 6s were two points lower. By its policy of canserving its cash in & period of de- | hi\mg ecarnings the Seaboard Air Line as it needs to do is to establish a reserve for its fixed charges and postpone pay- ments on its conungent obligations. There were smaill fractional in other junior rails, among them Chi- cago & Eastern Illinois 5s, Erie refund- ing 5s and St. Paul adjustment 5s. The market for high-grade rails and public utilities was dead, and little change oc- curred in the Government issues. The announcement of the Treasury that it | would continue buying the third Lib- erty 4145 had no market effect. In the industrial list a beotter tone was exhibited by the rubber and tire bonds, as well as by some of the sugar and iron and stee] and ofl issues. Dodge 6s imvoroved along with Dodge stocks on the Dbelief that the merger plan Local traction ry strong in the afternoon A new low price was made on the Irish Free State 5s about 2 points un- «er their original offering figure. Aus- tralians were also lower. Italians im- proved. - Elsewhere there was not enough change from Thursday's closing prices to indicate a definite tendency. The total of new bonds and stocks this week was $67,000,000. While dou- bie last week's amount, this was mu.h under the average for the season. far this month the total of new oflet- ings has been about $350,000,000. DEVOE & RAYNOLDS. NEW ronx. June 22 (#).—Devoe & ples Drug Stores pfd.—10 at 108, 90 at 108, 25 at 10715, AFTER CALL. ‘Washington Gas 6s B—$500 at 1063 $500 at 106% Potomac Electric 65 1953—$2,000 at 1073 Money—Call loans, 5 and 6 per cent. Bid and Asked Prices. i Botpmac 7 Wk Rey. & e via NATIONAL BANE Nasonal Capitel Columbia mercini s & Mechanics' [ ’ez‘ll American . L.Nf" » .o fl"’fiux Meetropolitan ! n:ogm Bask ‘ot Washington. 313 TRUST COMPANY. rity & Trust t T Wagniogton Losn & Trust BAVING BANK. of Bethesds Bommerce & Baving ity Bawings ‘& Commerciai*412 Bili Bfeet % b ‘Mechanice FIRE INEURANCE 200 156 0 il Union 25 TITLE INSURANCE aah Cona Tile bid MISCELLANEOUS gher & oy Inc. com By Dery vid 13 213 (4 H Fui Btoraxe prd ral-Americen Co val-Americas pia v..m Lpore Tny. pfd X stores i o1 ge M, Hrdk'l Blds Corp urd & VLothiop o1 ved its credit standing. What | ‘| stiavaie steei bo ANCTIAM, UNITED ST1ATES, Qalee qre 10 8 0000 Sales High Low Lid 3%s.. 19 1008 1007 Libiste%s 6 10117 10117 Lib3AeKs 22 1002 1001 LIb4thales 263 10130 10128 US 1%s43 6 10126 10126 5 105 29 10529 66 11319 11515 FOREIGN igh. 9% 9% 100% 804 8% 974 0% 1031 97 2 100% 106% 108% 1067 114% 1143 1105 10 2105 105 997 997 93 5% 100 108% 10t 101% 104% it Low. 99ie 494 99w 9% 834 9ile 96ty 103% 961 100t 105% 19: 106% Australia 4= | Austran, F Australia 58 1957 Austraa 7s.. Bunk of Chile 6% Reixium 88 Helgium 74 Belgium & Bolivia 8s Bardeaus 68 Brazil 814 1926 Brazil R158 1927 ©6'% 8 100% 109 10t 101 105% 100 Bremen Canada 6s 1931, Canuda b8 1962, ... Canada 6%s 1929. . Chile 78 1943 | Chite s 1941 Chinese (Gov [ Columbia 6s 19 Con Pow Jupan Conennagen s ct. Copenhagen b1, Czecho 88 1961.... Danish Munic 8s A Danish Munic 8s B Denmark 8. { Duteh East 1 & 2. El Satvador Finana st § Finiand 7s. ’ 100t Framerican 1%s. . 106 108 116% 106 Hungary 7%s | irish Free Sta: | ltaly 8. | ltaly Pub 7s. | Norway 5a 1963...." Norway 6%s. Norway 6o 18481 1 Paris-Ly-Med & Paris-Ly-Med 7 Paris-Urieans 7s.. Serbs Crot S10 88, Shinyetsu %8 '52. ronunn 1961... 49 Utd Kingm 634837 13 Utd Steam Copen 6 2 Yokohama Sswi.. 23 HI‘CCLMHIM 104 104 ludiy WAV. 105% 105% Am Tei & Tel 6 8. wits 107 Am Water Wks Bs. Am Writ Paper 6s. Anacouda I8t §s... Anacunda cv ab Andes Cupper Armour Del 6%s. . Barusdall 6s 1940, Beth Steel %9 3. Belh Steel 6s. Humble U & 1t 68 ilinows Beil ist 1iituors Steel ¢ intl Cement bs "43 inU Match bs 47 Lot Mer Marine $s, int Paper és 47 inter Paper td 6s. . 0t TeidkTeles § %48 J Kayser & Cob%e KaoCity P& L bs. Keily Bpriok s Laciede G & | Lorillard 6s. Loritiard Louisv G & Kb H 104% 95 10 Wwin 1?7 104 wi Wik 110% 1005 w2 s Lodss 10z 108 104% i 99% 100 wem Lovk i wi wi L% wo (U L0dm 101% w3 104% 104 9% 0% vihe yBYy 1udle Mont Powe: deb Mout Po NYTelsssl, N Y Te tsey. North Aw KN | Varawont 8 1a47, evpie 8 (ius b Phiilips Peun 106 Yin YB% Yo 1005 Wby . | e Knd 5148 war Sivelair VI Blucimir Wi sinclair UL Binciair Crude b e siu Plys Lan Southwest tell Sana Ul N J be 46 Utiten Drug os 68, U B Hub st rtbe. USHUb i%e. ..., U 5 dieel of b | Uan Pow & 1.1 | Vertientes sux | ern Union 55 Westn Unium & e Wentinghouse on. . Wiliye v 8%e 83 Wileon & Co 18t o8 WinltepestAr | s 1074 | Yngwtn S&T bs @, 994 RAILRUAD ALESF oVt 48 06 66 Alunisn Kol 48 Attuntie € 1 15t 48 AUy s | 188 Oreron A Obe 2000 D, .. 16 BAOimpee ... 10 BEOVLEWY 48, | BaOSWenby... 30 105 108 19 164k 102% 101 " 1020 Close. 994 9% 100 105 #5 Y% 9% e v Yin Wi e 97 e 102 W7 100w 1U0% 108 1o 1044 102% 101 107 vi% 9 4 -t 102 i) 108% 93y 102 'i"HE EVENT [oxsew vore_ BONDS oce s Received by Private Wire Direct to The Star Office Sales High Low. Close. Broo\lynmaelu- [ 94% BkiynElevated6i4e 4 94% Bkiyn Manhat ll.. 88 9% Can Nat ¢%4830... © 99%, Can Nat 440 57... o8y 931 9% 1% +8 9% 108% 934 L01% 984 108% 93 1% 9814 9% 990% 9 ¢ 99% 70 70 634 63% 43% 934 9% Wiy uh'l 864 67% 4 Y . Car Clinch&0 8s 63 Central Pacific 4s. . Cent Pac 1st 62 90. Chesa Corp bs w CB&Q4WsT7B.. Chi&E 11l k0 ). CMeStP ad) (new) 423 Chi NW ¢%s2037. 5 Cht Rva 6s. . 99% Yith 94 CRIPicolaaw 934 ChiTH&SEbs.. ChiT H nc 6 0., Chi Un Sta ¢ 4 Cht Unton Sta CCC&StL deb ¢ %, CCC&StL 68D, 1004 102% 9% 102% Del & Hud 6 ¥ D Rio ) Wes Det United 4%4s... Erie 1st cons 4 14 12 3 Kriecvi 6s 67 wl., 88 Fls KastCBs 74... 25 Gr Trunk stdb 6s.. € Grand Trunk 7 1 Gt Nor4%s 16 B Grt Northn 4 s B, 38 2 10 Great Nor gen 7s.. 14 Hav K| Ry 6%8 61. Hocking Val Ll Cent ret 4s i Cent 4% 6 111 Cent Chi 4 %8, 111-C-C StL&NO 58 int Rapid Tran 6s. Int & G Nor 1st 6s. int & Nor ad Int RysC A int Ry C A 638 ret Kan City Ft 8 Kansas Uity S38.. Kansas City S 68. . Lake Shore 48 38.. Lake Shore 48 31 Lehizh Vaicn 4s.. Long Lsrf 4s Louis&Nash uni 48 L& N 4%s 2003, Louis & Nash 6448, Louls & Nash Ts... Man Iy 18901000 Market St 18 & MU EIRy & L6851 Mii B Ry & L 5861 Minn & Stk ref 4s. M StP&SSM co bs. MSU'&SSM5s3831d M StP & SSM 644, Mob&U 4 %8 "Ml Mont Trm ref 63 41 NOT&M 6% N ¥ Cent del NYCrfim N ¥ Cent ¢ NX(.!II.SILI”A.. NYChi&SLL 6 jsB. NYC&StLesA. ee Tcare s Naam Penusyi os 64. P'ennsyl 6448, SH AL Fis 68 Sou P'ac 48 29 Sou Pac gt 4 Sou Pacilic ret 48, 30U Fuc ¢ 1018, Sou Ry gen ¢ Sou ity Con Sou Ry 4% LexArk S 5 60, . Lexus & Pacitic 18t Lex & tacballrs Unicy Ave ref s 6V 1045 Livke 100% 108 wi 104 Bl 9914 Y8% 9dY L New Bond Issues NEW YORK, June 22 (Special)—A new issue of ,000,000 Consolidated Gas Utilitles Co. first mafll:&“ lateral 6 per cent gold bonds, se: maturing June 1, 1943, and priced at 98% to yleld about 6.15 rumu being offered today by Co., Battles & snd’ Hnle w-un & Co. Straus & Co. and Industrial lccurluu Oo? an issue of he: land Hotel (Novl York City) t offer today -Nether- rst mort- un old -y to' yield over 5%. An additional issue of $0,000,000 ! European Mortgage & Investment Corp. first len 1 estate sinking fund gfl bonds, serfes "0," 7 per cent, due tember 15, 1067, is being marketed to- day at 90, to yield over 7.30 per cent, by Lee, Higginson & Co. and J. Heory Schroder nktna Corp. Offe: is_being mm today of an fssue of $4,000,000 Palmer Corporation of Loulsiana first mcrzur 6 per cent sinking fund gold bonds (closed issue) maturing June 1. 1938, by Taylor Ewart & Co. and Continental National Co, The bonds are priced at 99, to yield 6.13 p(‘r cent, PRODUCE EXCHANOE NEW YORK, June 22 (#).. casy: No, 2 Western, 131 fob. New York, and 120Y, clf. export, Other articles unchn.ea a | new high record of 95 before the de- G LIST IS IRREGULAR ON CURB EXCHANGE Puget Sound Power Feature on Market—O0il Shares Are Lower. BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, June 22.—The outstand- ing feature in today's Curb Market deal- ings was a further sharp upward movi ment in shares of Puget Sound Power & Light, which carried the price to a mand subsided. At this figure the stock was up 10 points on the day and almost 25 points in the past two weeks. Rumors that American Power & Light interests were seeking to acquire control of the company and that share owners would be offered a price for their stock considerably above current market value was the basis for the buying. Reports along this line have been heard for the past week, although nothing offi- cial so far has-been forthcoming. Market Is Irregular. Eisewhere the market was highly ir- regular. _Bancitaly. Corporation was freely offered again, but was receiving better support. At 111 it compared with the previous final of 114% and the low established on the recent drasue break of 10214. The oil stocks failed to be helped by the tendency of crude oil output from the important domestic fields to decline and the hardening of prices for the re- fined product. Standard Oil of Indiana, one of the most prominent of the Stand- ard subsidiaries, dropped below the 74 level, and the demand for Vacuum Oil appeared to have been satisfied, for ti time being at least. At 72!\ the pricc compared with the previous final of 733, | Melville Has Drop. Among high-priced specialties Me] ville Co. scored the widest move, dre ping from yesterday's closing of 2071 to 195. Evidently the rise of 271, poinis during the preceding sesslon had encournged profit taking by those who had purchased the stock earlier in the week. There was nothlng new in the affairs of the company to account for the recent buying, which was set down in most quariers as a correction of a technical ‘market position. Elsewhere prices moved over a com- paratively narrow range without definite trend. The latest decrease in brokers® loans announced after the close of busi- ness yesterday was thought in some quarters not to have been of sufficient amount to em:uurace operations for the rise on a large scale. CHICAGO LIVE STOCK MARKET CHICAGO, June 22 (# (United States Department of Agriculture). — Ho‘,s Receipts, 22,000 head; market active; mostly 10 higher than yester- day's average; light lights and pigs, 10 to 25 higher; racking sows steady: top. 10.90, paid for choice 200-260 pound ts; butchers, medium to choice, 250-350 pounds, 10.20a10.90; 200-250 gounm. 10.20a10.90; 160-200 pounds, 60210.90; 130-160 pounds 8.60210.65; o NEW YORK CURB:- MARKET Following Market today: INDUSTRIALS. 8% 3t Al Alphs Port, Ceim Co . Am A Al mer_Cigar Am- Colortype '} iihation M " a : 2 Cavan' Dobb D D +; Ghias Co, pLd iCity Ice & Fuel 3 Golmyus E1 P 11 Consol Dairy P Cross & Blekw 1 Curtiss Aero EXp. §Davess “Inc R C vic 3 Boehior bie &G 2 Dominion St Ltd 1Dubllier ¢ & R 1Du_Pont Mot. 4 Durant Mot . !y Educat Pict_pid 22 El Bond & Sh Cor. 8. 90-10 85, medium £ o Piiaso 30 pounds, omu—mtpu, 15,000 head; ulve! 1,000 head; very dull market on zrusy oow: selling at 7.50a9.75, weak to un- lower; some sales 75 to 1.00 off wr t e week: strictly -fed heifer yuru:zxs up to “d 75. Slaughter classes, an good 1,300-1,500 Youn& 13.40814.75; 1,100-1, o et 850 pounds ; common and medium, 5813.50. Fed % good X medium, 10.00a11.50; cull and common, 7.00a10.00. Stocker and feeder steers, good and choice (all weights), 11.75a 00; common and medium, 9.00a11.75. 'p — Receipts, 6,000 head: fat lambs active on moderate supply; most- ly steady to strong; spots 15 to 25 higher; sheep slow, 15 to 25 lower; Lambs, good and | pou: . 15.50817.15; | medium, 14.00a15.50; cull and. common, | 11.25a14.00. Ewes, medium to cholce (150 pounds down), 3.50a7.00; cull and common, 1.7585.25. % ifiL‘fl—ls(Orl"{E ;'\‘lmk‘ 22 (Bmi:fll) oultry—Spring chickens, pound, 40a42; 32a38; I« pou old hens, ters, 14a17; ducks, 23a25; poor and thin, 20; old, 15a20; pigeons, pair, 25a30. s—Receipts, 1,161 cases; native nearby current recelpts, free 8% firsts, dozen, 29%. r——oood to fancy creamery, poun 43'%046; prlnls‘ Mau blocka, 45a47; ladles, 3638; store packed, 31; process butter, 40a41. Wheat—No. 2 red Winter, domestic, no quotation; No. 2 red Winter, gar- hcky, domestic, August delivery. 1463 Corn—Nu 2 yellow, domestic, 1.17a 1.18, nominal: No. 2 contract, export, no quotations; corn on cob, new, 5.75a 6.00, nominal, per barrel. Oats—No. 2 white, aomoauc. 77a78; No. 2, 76877, Rye--Nearby, 1.20a1.25. Hay—Receipts, 39 tons. Hay is ar- riving here in ample quantity, but the demand for local hay is very limited; and not enough actual business is passe ing to establish quotations on the vari- | ous kinds of grades. Range of prices ' is about 14.00a16.00 per ton for good hnz in timothy and clover mixed. traw—No. 1 wheat, 13.00a1400 per :o‘no:oNo. 2, 13.00a14.00; No. 1 oat, 13.00a Country Produce. white, 100 pcund.s 1.25; new potatoes, barrel, nasparagus, dozen, bushel, 1.25a2.25; beets, 100, X cabbage, hamper, 50a75; catrots, lno 3.0085.00; cucumbers, bushel, 50a1.50° celery, crate, 2.503.50; corn, bushel, 2.5082.75; e;’m-m. crate, 2.00a3.25; lettuce, bushel, 26a27: peas, bushel, 50 al.25; ppe! crate, 150a3.50; rad- ishes, 100, 1.50a2.50; rhulmrh 1 2.00 a3.00; Spring onions, 100, 100‘125 spinach, bushel, 50a75; squash, baskef. 7581.00; tomatoes, crate, 1.00a3.50, Apples, bushel, 1.60a3.25; barrel, 3.50 06.50; blackberries, flunrl. 9al3; canta- loupe: crnle 1.25a3.60; cherries, pound, Gall rlrull box, 3.00a5.00; peaches, crate, 4.00; strawberries, quart, oa 12; watermelons, 20a40. WILL RESUME DIVIDEND. TOLEDO, Ohio. June 22 (#).—Di- rectors of the Willys Overland Co. at thelr meeting heie yesterday au- thorized resumption of dividends on the common stock of the company at the annual rate of $1.20 and voted the first quarterly distribution of 30 cents o share payable August 1 to holders of record July 18. There are 2,523,684 shares of the 85 par common ' stock outstanding upon wvlhich the dividend distribution on Augy ml 1 will amount 5 t dividend pald on the stock was November, 1925. The regular dividends on preferred stocks have been pmd rur scveral ye;rl TREASURY CERTIFICATES (Reported oy ) & W Seligman & Co fabe sMatgity, Potatoes, v 4 Municlpal Sarv.. i SRS 4 2 Sy SRS i3 285 - 2= Balinn ! o8 &N 88,2 o7 g ,g:s:jsi" S8usRT 1900000 5, SPTITE 4388 If.’.’f-’ 5 e 9 Spanis] 18pier M Stern p! 1 Stinnes Hugo FES sl xs:;::;;g::s.a‘ FEE T L ST P b BT T s B s g 1 Wesson © % 8 viel 7 th West Md 1 1 3 Zonite Salenin = MINING STOCKS: hundray onru Globe C. 2 Carnegle Metals | 4 Cent Am Mines 13 Chief_Cons M 10 Com Tun 2 Enz 140 Flor_Goldn s 10 Golden Center M.. ollinger ud Bay Min A llm 30 H) 2 fron Ci Sion TalC 3 New” ornelin 0 Newmont. M Mlnm a Ir Lm Tay ; Nmml\rvck Dom\ iy 13 Uni 3 Wenden Oop Sales INDEPENDENT OIL sTocIs n hundreds 38 Am con olifds . 17 Am_Ma 19 i :1 Sitfey R«n n 2 Cit Sery pi e Synd . umbin cole’ Bvn l:mn Yo' Enbire ) 2 Giihson HI 2 Gult 101 b § Houston Gl cia 51 Intercont Pet 2 Lion § Magdnl” Syid exicg Ohlo. 104 0x 3 Mowny Gt 6 Prod 7 22 Tox | Woodley Vet Sules in ta, ! , 1933 . 103 00 F SIS 1\. mercantile paper, 4%. is a st of stocks and bonds traded in on the New York Curb High. Low, Ologe. 0% Received by Private Wire Direct to’ The Star Office [T T 8% El 1‘«1! wv’ 1 1l Prui 8 Atlas Plyw 5las. . 101 2 Bates Valve qB.' 6s. . 0: 57Chi M & 1Chi Pneu Tool . 1Ehi Rys cfs dep Gs.. § Commony Ed 4! § Cons & Balt. 65 A... 1Gons Fub 6 5 un 13?52 o B vl 33 OPUI’KI“ RPO‘ 58. 106 5 ha" Trunk 8 3 Gii Coin pen Ss 9 Gulf ‘States Ul 58 1 Hood R“V‘ cair 18 Housin S, 1 ROJD‘ 24 Indianap P & L 1unl-nd Steel 4125, 9 Intl Pow Sec s ntl Sec Amer 55. . & Tnterstate Pow 8 d 6s 13 Me EdCaPa:z‘D 93 OM' “!sl'(&o'g’\s JI'ATS 9934 e ek B 58 A 1007 \‘ns J( Cgl lA'zs . 10115 3 3 Nat hllt Serv 55.. o Copper 5% 5 Nev Cons : 2 o §New Rz @ Giss.. . o 555 €. Souf 5 Southw G 3 Southw P i Stand Invel 1l Stand B & 2 Stutz_Mot 7%as Sun Maid Ral Sun, Ol P oo B €1 Brion Fac ni Lt & R ' b 8% 1014 | 1 D4 1041 3% %0, 1 . 18 1 1 K 3 1 H -3 3 b The das B. FOREICN BONDS. T Mor Ba 78 47 1] Western 8 Whee! b 5 10 Minas Geraos 8'4s. 1 Montevideo 6 A 98 1 Mor BE Rorota K 37Mor Bk Chile 6s '6l.. 93, 13 Mor Bk Denmk 58 1x.. 3 Muni Medellin 85 108 16 Muni Medellln &3 1 North Ger Lloyd s § Norway 8 ‘61 4 Paran 4 Rlo "Grande 7s ‘671 1 Russ Qo 5%s cfs 0. Russ Glov € cts n = 8 H H 1 6 Sar! % Stin Huro { Sun Huse I8 Fror'Hva Blee 80 10 Unt Kleg Serv s A 1 Ser 75 A avv.nn- (% N wmnnn\ unx EidS A S0 xd—Fx_divl wi—\When levued. e DENY STOCK OFFER. NEW YORK. June 22 (#).—Detroit dispatches to Wall Street say neither wnunm A. Fisher, his Bmthem. nor | Fisher & Co., Inc., offered to CALL MONEY FIRM. NEW YORK, June 22 (#) —~Call munev firm: all Joans 6la; closing bid Time loans, firm; mixed collateral C -90 days, 534; 4-8 months, 5%: pflme Bankers' ac- a‘ ceptances unchanged. mflr;&w.u&u il 8 0t 621 STOCK EXCHANGE SEAT.—Ar- rangements have been made for the sale of a seat on the New York Stock Ex- change for $350,000, & drop of $40,000 under the pr»kus transaction. WOooL FUTURES.—A petition is be- ing eirculated on the New York Cotton Exchange u*qucslln,n the a) nuum of a comimttee to and port upon the (enlblmy o! dul\n( wool futures. TEXAS & PACIFIC.—The Texas & Pacific had a banner month for reve enues m May, Ym being estimated at $4,400,000, an Shsy was!in 1030, with gros o $3103 was in ), with gross. ,183,« 366, Estimal mmmoru.ooom OOID EXPORTS.—Gold oimfl week ended June 30 were 1 000 of wnlch m.iluoo WAS marked” MI by the Small amounts Sl ot S aad. 3 $103,000 came France, FINANCIAL. WHEAT TURNS DOWN IN, LATE DEALINGS Houses With Eastern Connections Sellers on Early Bulge and Prices Flatten Out. By the Assoclated Press. CHICAGO, June 22—Big export business, estimated at 2,000,000 bushels, together with unfavorable harvest weather and black rust developments had a bullish effect on wheat values| today. Houses with Eastern connections were sellers on the bulge, thou;h nnd the market flattened out, owing also prospects of clearing skies sauthwelt Some corn Gulf of Mexico was in evidence. ‘Wheat closed easy, % to % net lower, corn unchanged to %al; off, oats varying from Y decline to !; advance and provisions 2 down to 2 up. 139" 1420 July” (o), . July (new) . Sentem ner e Decem! R July .. Septemb 118% ecember 116% Markets at a Glance NEW YORK (#)—Stocks strong; Southwestern rails lead upturn. Bonds quiet; Seaboard Air Line 5s weak. For- eign exchanges mlxed Spanish pesetas rise 13 points. Cotton higher; too much rain in central belt. Sugar easy, dis- appointing spot demand. Coffee higher; commission house buying. CHICAGO.—Wheat easy; improved weather. Corn steady; better cash de- mand. Cattle weak. Hogs active and higher. INVESTMENT TRUSTS Special Dispatch to The Star. NEW YORK, June 21.—Following are 2" | today’s bid and gsked quotations on se- curities of Snvmgnt trusts, holding and finance companies and insurance companies: i id. Asked. } Am & Brit Con Bg Ay | Am & Brit Con mb pnur i un 'm 1 Am & mll Con ’& | Bihues Fusancial s 14 10 5easE | By Special Leased Wire to The Star. Refining Co., nor co’ ncrease of 40 pvr eent 2 | ot S684EBE: & HOLDING AND FIANACE COMPANTES | Amer Pounders 'hu‘sl | Gontin' #n Corp un redit Alllance. Fin dus. ir’ Fin & Indus Secur 2o 2t 8oz ularatelels et T8 gEac o, 258! Li | Maryland l#: Qasuaity at Fire New Amsterdiami New York fire. muor!fi Nortn America: Northwestern . g5 852! fi§si§z§!n=§§§sq§§xssn!ass§a§g§ ti 1 & Bauge Bt ) e Trayelers - U S Fidelity & G U 8 Mer & Vlrlml Pl!' &ML 5805 NEW YORK, June 22. Ger Govt Red Losn with draw & aevy "E’ed‘wm.n without Ve 1000 R A pr e Jted i, dollafs BéF s jec) svee O AEQ (Ger Commers and Privat ( lhzw: fil R HM‘I ""r: \l nnl Creur o Amln "Eo udemm Eleh FOREIGN EXCKHGE (Quotations furnished by W 8 fiobs & Co ) a1 gold Selling checks °-“ O o R 8323828388882 2238834282 8 2 ) u Socknatm. erown | NEW YORK, June 22 (P exchanges mixed. Quotations cents)—Qreat Britain, demand, 487%: cables, 487 13- ‘O-dly Mlh on banks, 484. Prance, deman 92%; ocables, :. 2%, Italy, ma, 5301'. cables, and-—Belgium, 13.96; Germany, Holland, 40.38; Norway, 26.76; Sweden, 26.81; Denmark, 26.78; Swit- , 16.54; QGreece, Czechoslovakia, i Austria, 14.08; business by way of ||| We Every EY nmll Bros. & Roesc mem’ 716 11th St. N. Write of Mortgage ey l.otned At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit LI 1520 K Street “We close at 4:30 SALESMEN Industrial Banking Washington office of & repu- e Wil Bitest imvestment. nouse ire ices of several rem: the securiti lisned tndustrial earnings exceed Buccessfut ts will be fure nished” with, "Phceilent leads which Id prove immediately remuner- M rm ve commission basis. racter and Only f'“‘ pervonallty “will st pitand strictest, in- vestigation will be ‘This ermancat Connection Apply 931 15th St. N.W. WE FINANCE —all classes of income-producing ‘oroperty Large Loans a Specialty Current interest rate and commission Higbie & Richardson, Inc. 816 15th St N.W. 515% .:::‘Z..-é'*-'%; Commonwealth llvutnelt Co. 917 15th St. N.W. Phone Main 2623 E | T | Mortgages Investments | | JAMES Y. P ENNEBAKER Main5328 1520K St. N.W. * Money Available for FIRST DEED OF TRUST LOANS We Are in the Market Trust Notes —secured on improved real estate in the District of Columbia. Prompt Service Given National Mortgage & Investment Corp'n 1004 Vermont Ave. N.W. Let us have your applications ” Our record of 35 years spctos Percy H. Russell Co. 926 15th St. N.W. REAL ESTATE : LOANS 5% & 5%% Homes, Amm and Busi- ness Properties In District of Columbia and Nearby Maryland-Virginia 3.5-10-Year Terms Randall H. Hagner & Co.; Inc. Main 9700 1321 Connecticut Avenue Mortgage Loan Cerrespondent MYuliol—uch. Continental Trust Co. 14th and H Streets Capital, $1,000,000.00 Checking Accounts Saving Accounts Time Deposits Foreign Exchanges Commercial Credits Travelers’ Credits Travelers’ Checques Acceptance Credits Collections Real Estate Loans Collateral Loans Investment Securities Corporate Trusts Individual Trusts Administrator, Executor Safe Deposit Boxes Continental Trust Co. 14th and H Streets WADE H. COOPER, President Capital, $1,000,000.00