Evening Star Newspaper, August 3, 1928, Page 12

12 * FINANCIAL,® G STAR, WASHT D. 0., FRIDAY, AUGUST FINANCIATL." NEWTON STEEL CO0. In Nearby Virginia Prudential 5 /2% Insurance Co. Loans Commonwealth Investment Co. 817 IMb St NW. Phone Main 2623 Received by Private Wire Direct to The Star Office. , _Tepo net income of $610,852 for the half NEW YORK, August 3 (Special).— | year, equivalent after preferred divi- United Light & Power in its report for | dends to $5.50 a share on the common Low Close the six months ended June 30 shows | stock, more than twice the present an- 19414 194% net income of $2,469,748 after depreci- | nual dividend of $2.50 a' share on the Abitid Po pr(6) 88', 89% 89 88% | Knd-John(5)... 78% 79% 78K T79% |Otis Steel., 224 224 ation, interest, taxes and subsidiary | common. Net income for the full year Adv Rumley.... 40% 42% 404 41% [ Kingineers PubS 7' Pacific Gas(2).. 47 47% 47 47% preferred dividends compared with | 1927 was $417.663, equal to $2.83 a AdvRumley pt. 54 54ix 54 54t | Eauit Bldg (2).. 314 Pacific Light (3) 8§3% 83% 83'% 83% $1.569,398 in the first six months of last | share on the common. The large in- Preferred SOOTCS New High’f\‘f:".?l'&‘?.‘ml.‘.“"' EquitableTr(12) 486 Pac O1l Stubs. .. General MOtOfS, Sileel ang ! vear. Net income for the 12 months | crease reflects a reduction in operating | Sales High. Low. Close. ! Sales. .. | Abitibl Power(4 49% 50% 49 49 |KmpCapweli(2) 80 80 30 30 |Otis Elev(i7) EreRR.. Ve Are 1 Ajax Rubber. irie 1st p! . Pan-Am Petrolm after above charges, contrasted with | facturing S ion of new P o h" t CS ar dfl I at 119—Chestnut Farms Alaska Junen. Bureka V(113). panAmer Pt B Montgomery Ward Sell $2.718,076 in the preceding 12 months. | cquipment. : 0 Purchase Decon N Fairbanks(3). . an-Am Wn B.. h e e < . Allied Chem. . o, a Panhandle. e report of Federal Ligl Tac- | Trust Notes Issue Active TOdaY- Amal Leather :::;rlb‘.;;,kz}w:u); Parmt-Fm(i8). . off TOdaY- tion and subsidiary companies for the | COTTON IN EGYPT. o = Ameradaca). ... 8 ™| Fed Light pf(6) Park & Til (13). |month of June shows earnings of| ALEXANDRIA. Egypt. August 3 () cured on improved real estate —_— | &m Agricul Chm 18% 188 18% | 00 S e ) Park Utah(80c). TR | 8612487, against $528,316 in June of | _Government estimates place the cot- 1 the District of Columbia EDWARD C. STONE. Am Agri Chpf.. 681y 68l 68% 684 | pge1iy.Phoenx Pathe Ex..... BY GEORGE T. HUGHES. 1927 and net income of $148.054. against | on acreage at 11,738 472 acres. of which BY A Sank N(13 % 116 115% 116 $101,120. For the 12 ths ended | 7o 5 P Servios Civ = ’ N s sy LN 118 N L [ iR () Pathe Ex( Spectal Dispatch to The Star T 2 months ended | 739573 are planted with Sakallarides, rompt Service Grven Grocery preferred scored a| AmBkNpf(3). 61 62 61 62 | g iipinnen Patino M(2.9 e : June 30 gross earnings amounted 10768411 with Ashmouni and the bale National' M & new high on the Washington Stock Ex- | Am Beet Sugar. 20 204 19% H e L Beerieun:Mblor. NEW YORK. August 3.—A series of | $7.415269, compared with $6.845.123 in | anes with Doy imount iNationa ortgage © 'rhm{p (Vnr:‘n,\', \l'hkfn l;l nmlnw share | .tm :1-!( pf. .=-o|( (; ;? Fox Film A(4).. Penick & Ford. . disconnected movements in individual | :’rbnr’rv-sunnd!lnw n)v-rmd of lfls"l 55';3?.‘ e . , - ~ 3 blocks of the stock sold at 116 | Am Bos "% 3 B 16% ). Pann Dix Cm(2) t Ik of the|and balance after charges was $1,683,- | Investment Corp'n Potomar Savings _ lamm 0n 40 40 SHeSpart (164 Penn R R (3%). e s M Codas. | 803, against §1,688.667. | COTTON GOODS ACTIVE 1004 Vermont Ave. N.W. Bank stock alsc T} | Am Brown Bov. 13% 13% 13% Gabriel Snub A.. People's Gas(8) ., trading on the Stock Exchange today. | s | . \ | recorded « | |Amca 9% 84 91% 94n | Gardner Motor.. I The most spectacular of these move- | Sales of electric current by Public| NEW YORK. August 3 (Special) — | nigh mark . | an pf 1404 1404 140t 140t ::an;\m':lv;ku). Phila & RC& 1. . 1 it b i 1 o VI B Bkt | ;‘n‘r\:;(; El:rnbrirdp vGars :‘;i principal | Cotton goods markets were moderately T ————— T e 91 eng 91 92y | Gen Asphalt, BRIEACETR " o il 4 in im. | CPerating subsidiary of Public Service active today, with prices steady. Print REAL ESTATE LOANS | since the last sale &\\ 3 |AmC&Fpf(7). 114 114 114 114 | Gen Cable. .. PhillipsPat(114) here were many declines, an Corporation of New Jersey, for the six | cloths were quoted unchanged, at 7% 20 share. X Am Drug(80e).. 11% 11% 1% 11% | Gen Cable A(4). Plerce-Arrow. .. portant stocks. months ended June 30 totaled 627.645.- | cents for 64x60s and 9 cents for 68x72s. On tmproved pr Prevailing in when 3 8| [ams W0y 62 65 |Gen Cigars(4 it The market was not impressed by the | 529 k.wh., against 606,160,633 k.w.h. for | Raw silk teady in a sl Ket. on improved o Prevaiiing . = 1] | Am Encaucz 2 65 |GenC Al : y 5 7 st 606, ¢ silks were steady in a slow ma; BT nnivemon st B 08 SO 00 liham GenCigars pf Blérse dreow ot developments In the credit situation. | the same period of iact seat an i | A S e Gen Elec(15). .. GenElec sp(6ic) g a7 AW 5 | Gen GasA (ol %) v h 9% 110 108 109 | Gen Gas pf B(7) Bt sale tn 028, 9l 9215 904 921 | Gen lce Crm(3). Trading W a {Am Loco pf(7).. 118 118 118 118 n Motors(17) Beavy in- Ghsetoi . Am Mac&Fy(4). 150 150 150 150 n Outdr Ad(4) 92 v 46 43% last sale was mad some time ago & an even 300—it Refinancing Done THOS. E. JARREL CO. REALTORS 721 10th St. NW. Main 766 Measures taken to control loans on call | crease of 10.9 per cent. Saies of current | for account- of corporations were not| for power purposes aggregated 383,149, | regarded as an obstacle to speculation. | 412 k.w.h., a gain of 11.6 per cent com. at least for the present. This judg- | pared with the first haif of 1927, when ment may be erroneous, AS many SNap | sales aggregated 342,250,064 k wh| Prerailing iaierest and commissten. judgments are, but it was clearly the | gajes of electric t opinion of the trading fraternity today. e e Pierce Oil pf. ... Pietce Petrolm. Pllisbury (1.60) Pillsbry pf(613) Pitts Coal. . Pitts Term Co PortoRicoTobR. 7Money to Loan | iecured by first deed of trust on real estate. months ended June 30, 1928, aggregated | = Unconditionally tdcular stock and its market position. CUARANTEED) Electric Power per cent preferred came out at 1074 i . Am Republic ::\d”{ll shares of the 6 per cent l&(!]?‘t\m Seating (3 Pub S >ub SE& Puliman Co(4). Punta Aleg REETIRN - » Am Ma pfex-w. 116 116 116 - 116 |Gen Ry Sig(5).. 984 Postal T&C pf 1. Nor was much weight attached to the | 378134718 kwh., a gain of 11.7 — — f;omz;mgrc“fs‘:? |‘Am Metalstd).. 47 4% 475 48 | Gen Refraci3).. 48 i rise in brokers' loans revealed in the | cent compared with saies of 293,823 301 Raff o e | Am Piano. 161 16% 161y 16 | Glllette Raz(5). 100% Pr Stl Car pf(7) Federal Reserve weekly statement. All|y b reported for the June quarter a ty 3 AmP & L(11).. TR 78% 78w 7814 | Gimbel Bros.... &34 Produ & Refinrs the talk was about this or that par-|jq year. thares of POOMAC jonn B. Larner. | Am Po&L pr(6). 1021 102ty 1021n 1021, | Glidden Co. 21% . 1 Am Radiator(3) 144% 148% 144% 147 | Gold Dust(3) 64 | Goodrich(4). 30 |Goodyear T et us have your applications Strength of the Oils. | wrLL ; AKE As far as there was any consistency | . 63 64l 30 30 for PLANE MOTOR. | LOANS ON REAL . | | . g ; [AmShipbldg(8) %8 8 &8 88 | Goodyristpf(7) 3 NELE in the proceedings it was In the strength | NEW YORK, August 3 (P—E. E.| Merchants' Bank & Trust sold at| i GiiieeeR) 00 08 00 o8 tham (123 ) Eos oI, in the oil group. Here Atlantic Refin- | Bliss Company, New York, which doe n : . S(8) 2004 201% 200% 201% Pure Oil pf(8) Sroup. ESTATE D I AT 00% and T00N A B ). 5 135 135 tham ni2 BUEIS BT ing was the outstanding feature, soar. an extensive foundry and machine busi- | h . . “hes S uld Coupler A { s o ing nearly 6 points to 169, the highest ness here and abroad, plans to manu- | i t s 30 s - Granby S 111 C ¢ i & in this stock was ' British airpl. mot S| $ ccneinyin oG 11y e el A sy SR b opltun, Buyne i P s s | = Pt Sty in large volume. Another strong oil | with American airplane engine makers. was Sinclair, the demand for which | Operations will be confined solely to was based on merger reports. Mexi- | motors. Officials have not disclosed the noted when the unlisted stocks were teal Nilk pf7). called 4 - mgtn-Rand The price of a 2.cent t North pfti) pefcy H. Russell Co. 1731 K St N.W. nk President Has Birthday 1% 161 ~ 161 [ Gt Nor f efacs) em-Rd 15107 can Seaboard. Pan-American Pefroleum | name of the motor, The deal probably | by st """""’ "'l" Jjohn B. Larner, president of the 161% 161% 161% 161% | Ut Nor Otli). nsselr&Sar(7) B and Texas Corporation were also| will be concluded in a few days, it fs Il fala o = g B. L X S a Sitigrds ) o 7 lGrtwns 0 Ma 20). said. Y = e Washington Loan & Trust Co., is cele- | AMTOLPIE).. 117 117 117 117 DM atUrL S0y bought In somewhat higher prices sald. | & tion on AmWW&Elel). 5y t Wn Su pf(7) 1 % 56 Shattuck FG( Shell Un(1.40).. Shubert The(5). Simmons Co(3). Simms Pete Sinclair Oil. Sinclair pf(8) kelly O11(2). der Pkg pf o Por Ric S( ; R E In the mining group International P - i | the 6% First Mortgage brating a birthday anniversay today at | {7 CCRIERS O 0 o 0 reens Cana(4). vag the star. The way in which Notes speciali: i [his Summer home in Mifintown. Pa. |7 \COIS I AL A0 101 0 | EHS TGS TR FUE, wu . chtssing. 100, an WOOL QUOTATIONS. ot i 24 {Qfficials of the banks wited SULEIBW- | s Woolen .. 43% &b 43% 45 | QUlt Mo Nov., Royal D(a then jumping to 102, gave evidence of | BOSTON, August 3 (Special).—New Not ecured by ations and it we: expected that many | (/% (02 0 i s 1 | Guif States Stl. ? K. B i ol BO8S A 5 cial) . | Notes are secured by friends in the vicinity of his Summer | {in X% Paprels 40% 40k 404 i St Jos Lead(13) nnE:\fl';cmg: hor i i r{m \:m;s from ]Tnas l;nnlmufl to ar- | high-type, owner-oceu- h Zine. 25% 26% 25 25% | Hanna st pf... L&S pd (8 S S C S | rive in large volume, but prices have | i i Rl Dlar Sk oall Sn him Smong Mim | amBiopt..... (866" B0 64w W6 | tartmh SIS0 Hiadd Manville and the recently listed Trico | been adjusted to lower levels. Twelve | pied properties in near- American Security & Trust Co. who is | Ataconda «4) 66lz 66l 65% 662 | HavEl Ry pf(6). avaze Arms(n) Products were bid up vigorously. Vietor | months is quoted 1.12 to 1.5, clean, | by Maryland and are B S d assing a month’s vacation in the same | ATcher-Dan(3). 834 8&3% 82 82 [Hoe&CoA..... chulte (g3%) Talking Machine was another favorite. | and' eight months is selling in range | unconditionally guaran. n v_ffllfa v Locatel 3’;‘,“ i3 . 8 ArmourDel pf(7 94 94% 94 94% | Hollander & Son eab Alr Line. .. But much of these gains was lost 5| 1.05 to 107. Fine erritory combing, | teed as to principal Business Property For a man of his advanced years, Mr. | yomour: HI(AX. 10% 205 194 204 | Houshold(14)... eagiuve el realizing made itself felt. clean basis, was quoted today at 1.5 | and interest. 5 Larner is one of the wonders of the lo- | AfmolIEE) (o L 1w 11 T R ears Roe(( Heaviness in Steel and Motors. to 1.18. French combing, 1.08 to 1.10; | cal financial district. He turns out an | immense amount of work, is as energetic | as he was at 50, and his advice is ' On the other side of the picture was ' D00 110 fo 112; three-eighths | {the persistent heaviness in United guarter blood, 1.00 | | States Steel, in General Motors and in ;‘a’"’g'gg- (Ohio giade fieece, grease basis, | Montgomery Ward. Steel dropped be- | i low 140 again, notwithstanding the ad- ———— mitted Immm;emr.-nl in the u;;dc out- EARNINGS UP. look. General Motors was sold, seem- | | ingly on a revision of opinion as to the | NEW YORK, August 3 (#).—Willys- | chances of an extra dividend. In Mont- | Overland Co. earned $2.01 a share on Arnold Con & Co 38% 39% 381 39 | Hudsan Mot (: Asso Dry G2 451, 48% 46 47%Y Hupp Mot ( Atch B 877 " 7 widely sought on financial matters, Achizon T (6y. 103 Iop teats 18TM L ritinatuCent?) The past year has been one of the | a1} Coast Lt 6. - 1, | 111 Cent pti6) most important in his career as a m'iAll(iu‘l;‘& Wies e 1t i (i | mdeportin 1 addition to the trust company bullding | s Guit p(3).. 5 53 521y 51 | Indian Mot(133) made it one of the largest banks in the | at] Refinig(4). 164% 16915 163 163 | \ndian Mot pf(7) city and one of the most attractive. MI. | Ausun-Nichols. 4ty 415 414 41 | \ndia ;‘eflnmx- % . | Indian Refg ctfs 5% Interest 27 1031y Larner was naturally a vital factor in | AusCred(4.49). 62% 62% 625 62% | S, o) Sl ery Ward It was the normal profit- | the common stock in the first half of iy the expansion program. {Autosaies.. o 0 09" TN O Ing Ratprcty el S Eiking after so large an advance that 1928 against $183 in the first haf of | Bank Changes Progressing Rapidly | Baldwin Loc(7). 249 249 249 249 | Inspiration Cop. South Pac(6)... brought about the renclu)n‘ | s sg 23?‘;5“3“85 were $5,641,517, | i | The extensive changes being made by | Ba1to& O(6)... 106 106 105% 105% | InterboroRapTr South Ry (8) f T": "'l‘;'m ‘t‘l‘\:‘? b 3‘:’;"‘;"&53 FrEy | EAVER BROQ /e ctlimbia- SutoseiBant on, o | hato& O becoy. s 1o 18 10 | Iiarsonpstoe South R P P AmeT I mE . s W oo treet are ressing rapidly. The | Bang & Ar(3%) 7L 7 1 71 | Internat Agri... SouRyM&Ocfs | A | REALTORS new front is practically finiened and the | Bans & Arpf(1) 111 111 111 111 | ine e Orut (i), ne Chalfnt. 7 i o e A S b work on the nterior is going forward in | Barker Bros.... 264 284 264 28% | Int Bus Ma(5s). ., vicer Mfg..... til the rails are bmuq‘ |:’d‘ ine al | CHICAGO, August 3 (#)—Butter un- 809 15th Street N.W. a satistactory manner. Wnen the addi- | BATker pf (61). 9615 96t 96%. 961 | Int Cement(4). . td Com Toh(3). of that there was no sign today. changed: receipts 10.538 tubs. Eggs un- Money renewed at 7 per cent and | o, ts 0 12| was in good supply at that rate. changed; receipts i Money Goes Down. In the afternoon money went succes- sively to 6!> and to 6 per cent. The tions and alterations are completed, the | Barnsdall A. bank will have a great deal more floor | Bayuk Cizars | space, be most conveniently arranged | Beacon Oil. 16% 15% 164 | Int Harv(i6)... 267 and join the long list of local financial | Beachnut(id).. 4% 744 T4 | Int Mtch pf 3.20 104% + institutions which have recently made | Be!ding Bros(2) 13t 13%» 13 131 | Int Mer Mar pf. 36 large outlays on their plante. Best&Co(3)... 69% 704 694 69% | Int Nickel(2)... 97 . U 24% Ve 24 int Com Eng(2) 108 108 108 108 |Int Comb pf(7). 104 1d G & B (315). 14 G & Epf4). Std 0 ¢ StOINI(11%). StdOINY (1 80). Std Plate Glass. casse. i Main 9486 UNLIMITED Fres] . s | Bethlehem Steel 56% 56% 55% 56% | Int Paper(240). 66% Std P Glass pf. . list hardened and pool operations were the ufi"wwn‘:a‘.s‘{gffim;’;fig Beth Steel pf(7) 107 117 117 117 | Int Paver pf(1). opn StdSanProt1.68) resumed in favored stocks. At the | = FUNDS some time in October, © [ Booth Fisheries. "7l 7% 74 7% | Int Paperctfs.. 66ly Stewart-War(6) same time the volume fell off. In the | s 2 Borden Milk(6). 160 1604 15915 160% | Int Ry CA pf(5) 80% Strom Car forenoon it had been higher than in FOR Reserve Discounts Increase. Botany MillstA) 13 13 13 13 | IntTel & Tel(6) 172 172ty 171y 1721 | Studebaker(5).. some time, well over 1,000,000 shares The consolidated statement of condi- | Bri#2s MfgFCo. 35% 364 36% 36i | Isiand Creek(4). 4915 491, 49 49 |Submarine Boat. tion of the Pederal Reserve Banks on | Brockwy Mot(4) 531 54 53W Bdia M 7 Faue OlER) || August 1 shows increases for the week | BKIyn-Man(4).. 62 62ia 62in 6una|JOVel Tea() ... 116 1T 116 11T | Superior OIl. ... ugus ases BklynUnGas(5) 139% 139% 139% 139y | JOBRS-Manv (3). 1267 131% 126% 130% | gemin 280G AY Il | of 360,700,000 in holdings of discounted % 130 1 p - 7 2 bills, of $4,000,000 in Government se- | BrownShoe(213) 48 481, 48 ' 4gy, | ones & Lau(h). 13 | menn Copperia). 101, | Texas Corpn(3). changing hands in the first two kours. whereas from noon to 1 o'clock trans- actions totaled only 324.000, shares. ‘Warner Bros. Pictures class A ran up 4 points to 65. Johns Manville was E I A LO AN S taken in hand once more and numer- LOANS On Impr(;;;d || | curities, of $43,600,000 in member bank | Brunswick B(3) 4% 451 44w 45l Real Estate [ reserve depostts, an in | Brunswick Ter. 42 423 42 421, | JOr9an Motor ous other specialties. South Porto gl Pedleral Rearve oo b a00/000 a0 | Bucyrusti). ... 3% 38m 35 S4| KayaerdiB).... TN TN 70% a1k i Qult Bulte Rico Sugar, which, because of tariff on D. C. and nearby Maryland and Virginia froperty In | creases of $3,200,000 in bills bought in | BUCYTUSCVIZL) 44 45 44w 45 | K o 19 19% 19% 19% | rey pag c‘:lon:' protection, is able to operate profitably Nearby Marsland, Virginia and {| open market and of 5,600,000 in cash | BI Roeh&P(t) 69" 69" 60" av ' |Kalth KIpt(i).. 40 0 80 80 | 7ok LaTrinews | notwithstanding _the abrormally low WF- are prepared to make loans on real estate - . | . Total . R urns BrosA 2 20 120 120 y-Spring. .. 19% 4 | 7 rices for the commodity. was in de- : (e . i INEREL S meh B o Eoo00, ke and securities Were | giray Brogis). a8 0% 38 35 | Kelly Fire skt . 8% 68 | Tnpee ot Tnand. Steel stocks, however, lagged, in the District of Columbia, nearby Mary- July 25, gurnlflrg-nrn) li';n\. 106% 105 105% | Kels Hayes(2).. 82 321 32 824/ { inei urroughs(f4). 173 174 173 174 | Kelvinator Corp 104 discounied D 501 the week wers i | Bush Term(g2). 50 504 50 50| Kennecott C(5). creases of $29,500,000 at the Federal] BUsh Ter pf(7). 112% 112% 1124 112% | Kinney pf(8).. Reserve Bank of New York, $31,800,000 | BUsh Ter de(?). 1083 108% 106% 106 | Kolster Radio.. although there was some buying of Re- public Iron & Steel. The oils held their | g | B Thomp J R(3.60) Tidewater AsOfl Tid WASOIIpL(6) Tidewater O1l 80 For Periods of 3,5 or 10 Years Low Interest Rates land and Virginia, at 514% for periods ranging from 3 to 10 years. Your application invited. ains. The feature in the last hour was 1417 K St. Main 9300 Loan Correspondent John Hancock Mutual Life Insurance Co. C Phil | Butte Cop & 7 7 ™ 7 T | Krafug1%) Timken(i5)..., :Ezhryfl;r C:Jdrpolr‘lth::, ug_ slpo=nts. at ! t Chicago, and $7,000,f it - Reatprreg 2 3 e T Tobac P . . and eviden! e object of group | and Charges Dhie, ana s decrease of $0400000 at | BULe&Sup(). 11 110 91 0| Kresge(1160).. 2% Transoons O support. s | Real Estate Main 5027 - oo Phary ButterickCo.... 42 42 42" 42" | Kroger Grotel). 109% Trico Prod (2 %) 033 New York, Ave M g . 9% 9 95 96 N 2 2 3 hnrand { 3 i BOSSEFHELPS | Brokers' Loans Reveal Increase. G TR T R e sl T Uawa k1 k). INVESTMENT TRUSTS | | /nurance and Founded 1907 Loans on stocks and bonds to brokers ).. 1% T1% 714 70% | Lambert Co (16) 105k 108% ntel Coanie) . ! REALTOR 1237 Wisconsin Ave. . and dealers by reporting Pederal Re- | Calif Petm(1).. 31 31% 31 31% | LeeTire & Rub. 19% 19% serve member banks in New York City | CallahanZinc... 2% 2% 2% 2% | Leh Por Cmt 2 on August 1 showed an increase of | Calumet&Ar(6). 94% 96 931y 934, | Lehn & Fink(3). $75.477,000 to a total of $4.520.396,000, | Calu & Hecla(2) 23 23% 23 233 | Life Sav(1.60).. 295 | compared with $4.183919,000 on July|CanDryGAle(3) 72% 75 2% 75 |Lig& MyrsB 16 91 31, and $3,171,845,000 on August 3, 1927. | Can Dry (rts):.. 1% 1% 1% Lima Locomt New York Stock Exchange reports col- | Can Pacific(10). 206% 207 203, 2 Liq Carb(3.60). Un 01l Cal2). .. Union Pae(10). . Un Pacific pf4) Utd Biscuit 1.60. UtdCgrst(Csoe) Utd Dyewood . 4 NEW YORK, August 3—Following | are today's bid and asked quotations » | on securities of investment trusts, hold- | | Ing and finance companies and insur- ance companies: H O Tl U Rruers ) Bid. Asked. lateral loans to members at close of | Case Threshg(6) 327 334 325 Loew's(13)..... " W 53 Bl 2 | business July 31 totaled u.szv.umm,! Cent Alloy(Z).. 33% 33% 32% Loew’s pfi6%). 101% 1011 100% 1005% :;'g KTJ(:T.‘?‘:?"" | Am & Brit Con com 307 T3y a decrease of $61,003,908 from June 30, | Century R pf(7) 78% 78% 781, Loft. 6 T4 W Tw]ire e U 8 Dist bpl(7) when loans were $4,898351,487. On |Cerrode Pas(5). 176 78 7514 Loose-W(1.60). 48 i BEEEEY B %uilable Co-Operative Building Ass'n. . | . 3 , U S Hoftman(4). Bankers Inv of Am el | (T ¢ {July 30, 1927, loans totaled $3,641,- | Certain-Teed(4) 43% 44 43% Loose-W 1st(7). Bankers' Inv of Am deh 8y 10 - " . - Money for Bll’lng | 895,290 o Carshetey TI% Yh A, L - U S Aleonolcs).. bR 33 |l somy sox EpsON. President WALTER ;iaAggi’Jr.. Scretary K 2 v 9 andler-Clev 10 10% 10 Louistana Oil... 14% 15 3 e A i b | i MPLET! or Bllildillg Young Visiting in New York. dler-Cipf. 21% 22% 211 298 | La OL 0f(63).. 0% llJJ:II,‘:u ‘m pICT) Continental 5"";'"5" L 3 Surplus & Profits. ... $1,578,070.05 Roy A. Young, governor of the Fed-|Ches & Ohio(10) 183 183 182 183 | Loulst sA(1.76 4% el A | eral Reserve Boahd, has returned {rom | C& 0 Corpn(3). 65% 65% 6B 5% |Louis & Nash (1) 141 141 140 1313 | U S Rubber Subscriptions for the 95th Issue of Stock Being Received 1/,0, nd 9, | his vacation in the West and 18 now | s & Ajton 010 10 Ludlum Stl2).. 574 U5 Bub Létpe.. First Tnvest St k| 5 /2 /0 @ 6 0 |in New York. No significance is at- Cm&flw,,',;,,': WA 14% :c’u :"',’ s T 8 Amalt 1), Fised Trist Snares. 1101 )| [ tached to the governor's being in Wall | Chi & East 111 pf b9 50 50 5o | McADdrews 0 48l " U S S pr(3). Qreenwar ‘Corp’ 1 i Come to us for Mortgage || |street at this time .At the New York|Chi Great West. *13 19 13 i | MEUaD Corp(d). 0% oD Tntercont tnv 8% | Pederal Reserve Bank it was stated|ChiGt Westpf. 25% 26% 25% 261 | SCGrOFY A(2).. 1011 102 2% | U S Steel pf(7). Insur Shares A | that Mr. Young was merely carrying out| Chi Mil& StP.. 35 36% 35 3ge | MECTory B(2).. 104k Univ Pipe & Rad i n Loans on both business and ] McKeespt Tin PI 67% K 67 Ut P&L Acez) 2 £ H | a previously announced plan of making | Chi Mil & StPpf 46l 48% 46% 46" . residential property. Here | |3 personal tour of inspection in the | ChiPneTool(6) 115 115k 115% 1181 | Mack TFuck(). Pt Vanadium(i4).. you will find a staff of men who have spent their lives with real estate. Prompt decisions. Mortgage Loan Department SHANNON & LUCHS, Inc. Van Raalte. .. .. | Vietor Talkg(4) Vietor pr pt(7). ‘a-Caro Chem. . Car Ch pf(3) Va-Car Ch pf(7) Vivaudou ¢ Wabasn. ... Waldorf(1%)... Walworth(1.20) ward Baking B. Ward Bak pf( Warner Pie A SAVE /5.5 Sousie Lay your plans now for financial in- dependence by open- ing an account in the Equitable. Start o O now, today. Sl mones. various Federal Reserve Board districts. | Chi RI&Pac(8). 116% 116% 116% ns-..l”“k-yl'n... 52 Bl 3 2 Mucy (R H)(ch) 369% Largest Group Insurance Policy. ‘é:fi:::;:u‘;"“ 52 81 | Alag 8o Gur (3). \1 The largest group insurance policy | Cuidei%a%) 47 48% 47 | Mallison & Co. .. 4 44% 44% 44w | to approximate- | 1 Man El 8up(6). | ever issued, amounting | Christi Be1.20). 80 Hy o Y Iy $400,000000 n life siekness and 8c- | Curyiercis- . 1 wyu T ey | MARSIR . cident coverage, will be (aken by the|ciymeBimath 86% % % 86 | bnaca oo Ol | General Motors Corporation for the | CiiY i pare o) §7 BT Bem gl | benefit of its 200,000 employees UNder | Coca Gota(8). . 164 1e3% 103 a contract signed with lhed Melrlopuln:n 3 | Life Insurance Co., yesterday. In mak-| Co\ puel & iron. 605 ge ing the announcement, Alfred P. SIOAN, | Coj Gan & KI(5) 1101 nu):: i 173-‘: Mathieson(8). .. Com Cr No matter what you are saving for—a home, your children's education — you'll find the Equitable’s sys- Collins & Aikmn 59% 61% b9% | May Dept 8(4).. | General Motors, as- | jr. president of | sy Deot 5 ed(1).... 82% 32% F% 31% |eribed a large part of the success of | 24% 24% 24% 24% | Muytag p (3). Wurner-Qu o 1435 K St KW, Phone: Main 245 || | FE3 Chrporation 10 the relationship ex- | Com cras 1aisss cary ad 24t 24% | Mayuug pt (3). Ll . 91 5 F St t mmlg between the company and its' Com Solvents(8) 147% 147y 1475 mt Mengel f;u; o \\\":l.;"nl::fm) FINANCE COMPANTES } ree employees | Com Powr(13).. 16 6% 751s 76n Bl U 5 ! This life policy is more than double | Conde Nast(2).. 60 60~ 49 o9" iy b b Rt g g oy # 8 — = = e |the face of the largest previous one, Congoleum-Nair 22% 22% | 14 Continait. e WA Corp units i : '"’:J'l’u”.‘ifh’l?’zh‘.’?fn'vf,";"nfi“n‘.’,','ft,':'.‘,wvn-mrn 72 Middle States. .. West P Po pf(7) 1164 cur . o i . . . €e, E R H * Honor the previous record. The plan fs | Son%ol Cgrs(1 29 Mid States ctfs. West DaltyA(4) 68 eur bt N 8 z - MORTGAGES Continental Trust Co.J tme the, ore . Toe plan 15| Con'Fiim priz). - Kl ks Weal papa f— e | G, T the premius, 8 | Consol Gan(s).. 143% L&k 162 Minn SUP&ESSM . West Maryland. TERUNANGE COMPANING I a substantial p d }t'm.mla ADPICE) 100% 100% 100% 100% | MStPESSM 1i(4) Aetna mv § b S Y 14th and H Streets | Heard in Financial District. {SonRRCubupte 73 78" 78" 73 |Mo Kan&Tex.. if Westinghse(4). R;“:‘"",“ Fance Newark. .. e S DEPENDABLE Ernest E, Herrell, president of the In- | Consol Texts A% A% 3 4 | Mo K&Tex pf(7) 1034 10314 10 o | Weston Klectrig Am” atliance ) s e . 1 000.00 5 tak. Container A 120 24 24 23 Missouri Pacific 604 White Kagle Am Rein : : - | f Capital, $1,000, {emational Pinance Corporation. s tak-| Coniainer B f00. 134 124 1o 1av| Miscousi Fas e, 115 Altomablle 2 | INCOME | £ tions of Virginia. Just now he is in Roa- Cont Baking A.. 28 28% on Montgmry W15 my. v ‘(_:Am mn‘ Fire - b 2 i f Checking Accounts | noke vt ym s 7r-S Sl O MooaMotor.... T White Cliv of Naw York . 00 | is the assurance that at- | f Edward J. McQuade, vice president of | Cont Bak pf(§), 17% 1774 17% 77% | Mother Lo(30c). 24 2% | White SM pfi4) Colonial 8t . i u . z i Savings Accounts |Cont Cantb).... 103% 106% 103% 106 | Motor Meter A.. 16% 15% 156% 15% | Willys-Ov(1.20) 0 a tends your investment in our | & the Liberty National Bank, leaves here | ¢ p, fo 0l ey 79% 9% 79% 79% | Motor Prod (2). 130 133 130 130 | Wilson & Co e 7 Time Deposits Sunday for & month's vacation, most of | Cont Mont (80} 115 114 11w {14 | Motor Whi(2).. 37% 30% 374 0% | Wilaon Co pf LI | S *| CornExBank(20) 639 645 639 645 | Munsingwr(3).. 51 51 61 51 ) Wilson & Co pf. 0 18 69 FIRST MORTGAGB | Foreign Exchanges A% Eisey Waters, partner in the in. |SOFB Pro13%). 77 78% 164 18 | Murray Corp. .. Woolworth(5). . R ‘0 | . di yestment banking firm of Townsend, | ooy, 1o (&%) 186 16 186 | Nagn Motra(18) Won R, - | Commercial Credits Beott & Bon. visited the Washington of- % ™ | Nasnacnaun). WoRh Pumbis) mérican temnte AR Y Let vour investment be | ': Travelers’ Credits ?r'x:m';:flspnmfiw “Rfia..'é‘.fli"’m';(’mi"'.&'r' bl L Nt fi::“.‘.'fi:’fl' Wright Asee 14 Haritord Fire g w40 either small or large, you will | $ Waters still recalls the recent bankers' | c,ia FHBPAIY - 20 28 284 | Nutl Bisc(i6') . Wriglayitd i), . Home M0 8RO g ! £€, ) v i Travelers’ Checques convention at Montauk Point most | Guash AT - JRe 1 Iws 18| Nat Cunh A3 bRl e fme T, M a0 | receive twice a year vour in- PaKa v 'l o biad “ ry(d i s 188 18 | £ & as x { Acceptance Credits B R, Leeby, manager of the|CUrtise Aero(1), 1021 103K 102 1024 | Nag Depy Stor Younkstn $hs) "H‘.‘"E‘..'}.'.‘..fi‘i B come of interest in amounts H Collects Washington office of John Nickerson & | cyth"inn bIcT) e Nat DLIN(T). Hourly Sales on N. . Market, Ny c,.'.f.mumn R Oter o Thivd exactly in accord with vour H ollections Co., s leaving the city for & trip W the | Guyamel fruit,, 0% 60w 50k By | oot OIS heirgerd hoot 1,08 e : 6 | i cati i 2 . i o . ho's 0% r 2 3 N Y Fire g N 26 S hartS . A H West Coast. He will be away aboul a A B0k Nut Distiliers p L6200 2 pom. 180 S doaw | : expectation. And vou'll have g Real Estate Loans month. Davison Chem.. 60% 524 60 61% | Nat Knamel & § Dividend rutes as given in the abo ROSATR, coi : M e of a I > 5 H | "William E. Fowler, formerly president | Davison s, W w4 1| Nat Lead pfA(7) frs, e wnnual cash bayinents based oo th E‘" Rwestern : oo | Ceutury no worry, between-times. . Collateral Loans of the Guaranty Co., of this city and|Debenhmacz18) 42 42 4z 42 | Nat Pow&kLt(l) T 0F Wrading ~iosa than. 100 ahaces | Reliance Gas N 3000000 w30 3 ? PP e, R D i concerning the safety of 5 one | now living in Los Angeles, is visiting the :)-l-vl-:&a’pr;n. 124 124 | Nat ::-dl-:ur...].. ol 1gRartly gxtra, 1 Blus i .;;9?, ¢ Plus | Sprinefield e as s Without a mg d b £ Investment Securities i‘.u‘:n:ltul n'h;[l:n\ He still has real estate ‘:7_" ot w‘"'":»- ';:f‘ '1:: ::t. .H“'I:l:l‘l'“l: . ) t‘n‘. r‘u.l‘-l-: u';"'";?'" R..m.'.'? {:;‘3: ln:x:':n::_ 1"{1":,.’.?:“ SEeeysinesd =fi :m Tl every investment or cer- interests here. v . able in stoel o Plus A% in sl Ay v . soy ? | i : £ 3 v Dovoe& It C1A {3 19 0% b J b 30 400 ' o orest. £ Corporate Trusts Other Financial Notes. Dodge Bros A, 15% 164 b 7'%32:;"1'6 " ':n"-u'\' ':'rg:"ofi'g' Ry : an e tamnty of interest F Individual Trusts Joseph W. Brooks & Co., general | Dod 3 T0% K3 10 iloek b Partly stock <) plus S8 “In | g FMer N 8 o O H agents of the Bun Life Insurance Co.,! Dod W 18% 16 16w Siock m Payable 1710 sha Hedly in o v | Available in Amounts i | Administrator, Executor [ of America announced yesterday thay| Dodue v T O AR PR Mo ot Commen Mok RPN | ppp ASURY CERTIFICATES. | of $250 and Upward ¥ ) ‘ W : Bun Life will enter the mortgage fleld| Dome Mines(1), K4 K & " 5k ? an W H Safe Deposit Boxes 1 the District of Gokumbis 618 nearby Drug Inec4). L b g b o |NYC IRICO PRODUGTE T neavy| malReRalica 2y o & W Solmun & o | Kl d 1 Jul tlan B A k] b y ate- Maturity sked | [ MArYIanG. of crowded conditions in the | Duponti 113,500 4715 #71% 470% $70% |N Y N H & H(1) buying which carried Trico Products to | 31" Re¢. 13 1438 F T H real estate department, the insurance | v Pontdebif). 114 114 114 114 [N \{{Nlin:;vmfl a new high for !I;e year ‘ml‘l‘nwrl the % ?‘.'z? :g‘filh n ’1: ’gl 1 i t of the A curity & 2 a3 1ng s | N Y Ont&Wentn recommendation of one of the largs: h 13-32 901433 ¢ |Continental Trust Co.| ccvuriment of eien Saining SEoung | ommentiby... 1M 188108 M| Paiewss. i Wire. houses to purchase the isue on ita i HiEi . » ‘) H fioor office space at 130 Fifteenth street. | iiingn pfi6 1), 101% 101% 101% 101 | N ¥ 5tm pees) . 100% 100% 100 | gield, rates of earnings and outlook for . 1032 983 o | - Lt i ¥ : 14th and H Streets | William T. Ree ager of the de- O o N1 7ot Rl | NorAm bi0% st e T 10| the future. Paying $2.50 annually and - § i Main 2100 925 15th St. NW Willism T. Reed is manager lea Auto Led), 704 K1 704 Riaa| N 3% 53t BaY . » E North Am pfid) bty Al Bl gelling around where the stock was - ¢ partment Electrio Boat. ., 11k 114 1w 1] o0F (] 100% 101% 1015 & BETHLEHEM STEEL. -Paul Mackall : WADE H. COOPER, President ) T, Peiton and George T, Crosswell, | GiecPowsLi(1) 84l 441s 34 A | NorAn K pf(7) oo oan Tasi | vielding approximately 6 per cent with [ has been apointed vice president of | 2 o | 0oth weil known in the financial disteict, | Bieo PALLDF(T) 107 1070 1075 1075 | NOTth Pas { AR e A aaming %‘;;m';ymzt":":“tmd% o .'mhhmm::." ;n“ehaelaf seneral THERE 1S NO SUBSTITUTE FOR SAFETY i 000 10 the securities staff of Wag- | Elec Stor Bat(h) 77% 784 77w 78 9 3 b sales, sucel g E H ley, who 1a ‘RE o N SUBS } S ' Capital, $1,000,000.00 | e e 0 s v norin: | Bk Marn L g% 134 TR 9 Merwalirin B4 S B fhelarget on record for Uhs seasan of | Teitin. o 1o active duties Wi the 13% 13% 13% 19% Of Well Supply. 220 224 2% year, 3 corporation. west, Eik Horn pt,, ? " Q s