Evening Star Newspaper, August 9, 1928, Page 14

14 * FINANCIAL THE EV. Money to Loan (@ecured by first deed of trust on real estate Mmmm-fi-m Joseph 1. Weller 0 Wash. . & Tewn Ride. 9th & P AW IPRICES AGAIN FIRM ey netace o ]| OND. . EXCHANGE FIRST DEED OF - TRUST LOANS | Capital Tracnon Scores f On Completed Properties and [l Fragtional Gain—Power for Construction Use ‘V Stocks Hold Steady. JAMESF A Commission Rates 643 Louisiana Ave. N.W. | Prices held firm again today on the | Washington Stock Exchange during | | trading in a good variety of local issues. {Capital Traction made a fruucnnl‘ gain on the day, opening at 104 and | ’cmlng at 104'c, 50 shares changing | /3_"\. Nwmm: Electric Power 5'; per cent nrr(em:fl again sold at 108 and Rail- and Electric preferred com - manded 993, Chevy Chase Dairy or Building S‘f % llld 6 70 Abitib) Power (4 Abitiby Po pf6) Abrahm&Straus Adv Rumley... Ahumada Lead. Air Reductn( Ajax Rubber. Alaska Junea | Albany Papr(2 Allied Chem Amerada2).... Am Agricul Chm Am Azri Ch pf.. Am Bank Ntv3). Am Beet Sugar. Am Br Sh(i1.60) Am Brown Bov. Am Brown Bo pf Am Can(2). .. .. AmCar&Fdy§) | Am Chicle(3) .. Am Drug(80c). Am & For Pow Am&For Pr2d 7 Am&ForP pfi7) Am Hide & Lea. Am Home Pri3) Am lce(r23). . preferred moved at 106 and 100 shar of Barber & Ro: common came o) at 25, same as re- cent sales. The only bank stock appearing on the board todav was Merchants' | Bank & Trust, two small lots of this| issue being picked Come to us for Mortgage Loans on both business and residential property. Here you will find a staff of men who have spent their lives with real estate. Prompt decisions. Mortgage Loan Department SHANNON & LUCHS, Inc. 1435 K St N.W. Phone: Main 24S pronmng pricz of Frederick H. Cox. Gravel preferred sold to the extent of 30 shares, opening at 943, and closing at 94':. The first sale this year in Washington Hall Co. preferred took place, 10 shares selling at 85. The last sale was made at 98 many months {. Money for Buying | Ag0. - | “National Mortgage & Investment pre- {ferred made a new low today, when {two 100-share blocks changed hands |at 4. The bond market was very much | neglected. Debits to Individual Aceounts, In its latest report on debits to in- | dividual, firm and corporation accounts |in the fifth district, the Pederll Re- seno Bank of Richmond sa: | _“Aggregate debits of $1.: !09233 000 in | the reporting banks during the four | weeks ended July 11 show a seasonal . | increase over the total of $1,214,121,000 Ireported for the oreceding like period. ! jended June 13. the semi-annual and ! quarterly payments occurring on and around July 1 increasing debits totals | materially. The increase during (hr‘ more recent period was about the sam i tincul theso | reporting cities showed higher figures. | “In comparison with the corresvond- ing four weeks in 1927, ended July 13, | when debits totaling $1.269.484.000 were | reported, the total of $1,309.233.000 for | the four weeks ended July 11, xsza[ shows an increase of $39.349.000, 13| of the 23 cities reporting higher figures ] this year. ‘“Total debits for the first half of 1928 amounted to $8.137,248000. com- | pared with $8,004:180.000 reported dur- | ing the first half of 1927. - Fourteen | | cities showed higher figures while nine | | citles showed lower figures during the | first half of this year in comparison | with the corresponding six months of | 11927. Five of the six largest cities in the district reported larger 1928 figures. reporting the only decrease | centers. In view of | y of those participat- rket operations during recent months, it is doubu\ll whether the increased debits flzures for 1928 reficc@ eny increase in ordinary busi- | WIRE YOU WAITING? e .!:=-"‘ time to ll.l..ll arment and 7 o | | OFFICE FURNITURE Even if Jou. are pet in the ot for deske. chaizs. safen THE W. D. CAMPBELL COMPANY Two Entrances W, 1018 15th St N. .&Xj st .“' ‘.‘“.‘ BaRE Every standard forms. to the front in the association’s affairs last June, when he did so much work on transportation in connection with u\cmnnumn mh Hemh.b;;n wfllflmtmfl e local ¢l T ‘otthe Institute of Banking for some Associated with Hr c«x on the com- mittee are Thomas J. Groom, J. Dann Banking Service At Every Banking Office Commercial Savings Trust Real Estate Foreign Exchange Safe Deposit Departments e 15th and Penna. Ave. Five Banking Offices Capital, $3.400,000 Surplus, $3.400,000 WASHINGTON'S LARGEST TRUST COMPANY npon. that the banks here still have long way to go in this important American lee Earnings Gain. Sales of American Ice Co. for the six months ended June 30 were $8,594,703, | which compares with $8,246,269 for the same period last year. Net Ineolne tor the six months, after expenses, tenance and interest, but before dcm- clation and taxes, was §1,607.582, a gain of over 26 per cent over the first six months in 1927. Current assets, after | deducting cash of $5,184,270 held for redemption of the compan: real es- tate mortgages of @) xzmlelv the rent labilities. New Committee Chalrman Named. James A. Soper, pmldem of the Washington Chapter, A. 1. B, has pointed H. W. Burnside, assistant ca: ler of the Farmers & Mechanics’ Na- tional Bank, chairman of the standin | | committee on public education and public affairs. The chairman of the publicity com- mittee, Miss Catherine Krieg, has added three members to her committee—Mrs. Judith M. Pishburn, Commercial Na- | tional; Miss Ruth Gochenour, American | Security & Trust, and Miss Esther Lau, | RY; Natjonal. m board of institute governors dis- | cussed only routine matters at its meet- |ing late yesterday. | A T. & T. Shows Dectine in Net. | The American Telephone & Telegraph Co. reports ating income totaling $18,924,770 for the six months ended June 30, compared with $20.167,424 for the correspanding 1927 period. Gross income for the six months was $48,- 495536, compared with $48,538,651 rating income for June was 037,034, against $3208,181 for June, 1927, June gross was $8,329.665. com- | pared with $8,218,168 for June, 1927. Insurance Officers Named. Directors of the Aeacia Mutual Life Association have made four appoint- ments in the organization’s personnel, announcement. of which s made by | Willlam Montgomery, president. | The appointments are: Maj. J. C. King, assistant secretary: W. B. Irons. assistant secretary. R. B. Montgomery assistant treasurer, and B. A. Harlan, executive secretary, Gleanings in Financial Distriet. | Clarence F. Norment, chairman of | the board of directors of the National | Bank of Wuh‘n’mn, has returned from a six week's vacation at lh?‘; Chamberlin-Vanderbilt, Old Point ! Comfort, Va. First Mortgage Construction Loans F you contemplate the eree tion of a new building, la small, come here for vour Large capital make possible prompt isions and low rates on loans in any smount consistent with sound security. Without obligation on your part we shall be pleased to send you forther information. In request ing i, please specify the amonnt of the loan desired, and give » brief deseription and the approxi wmate valuation of the property President Robert V. Pleming of the REALESTATE Siges Nabions) Rask, w3e bagc ol the a two jo MORTGAGE & GUARANTY ltmn o "t New Bnain snd anade, making rip CORPORATION ber, president of the Becond National Bank, is takin two or Caprtal Resources $3,400,000 Yew e 26 JACKSON PLACE three week's motor trip ’hmulh i SILVER QUOTATIONS. NEW YORK. August 9 (A —Bar sil- ver, 59 ; Mexican dollars, 447 1| | same amount, were nearly six times cur- \(, Am Internati(2) Am LaFr&Foam Am LaFrance pf Am Linseed. . Am Locomo! ¢ Am Metalse3). . Am P& L., Am Republic Am Saf Ra 141, Am Seatingii) Am Ship & Com. Am Smeiting(8) Am St! Fdys(3) ‘rec | Am st B Sy ¥ Ty up at the recen (‘ g | Am Sumatra. 158. Columbia Sand & | Am Tel & Cat ) Am Tel & Tel(9) Am Tobacco(8). Am TobaccoB(§ Am Tob pf(§). . AmW WE&Ei(ol). Am Woolen. ..., Am Writ Pa ctfs Amzinc. .. ..., Am Zine pf..... Anaconda «4) Archer-Dan(3). Arch-Dan pf(7) ArmourDel pf7 Armour, 111(A). Acrmour, 111(B). Armour.11l pf(7) Arnold Con & Co | Artloom pf(7).. Asso Dry G Atchisoa10). .. Atl Coust L At Guif & W1, At Gulf pfe3).. Al Refining4). Aulas Tack Austin Nichols. Baldwin Loe(7). Balto & O16) ... Balto & U pf), Bang & Aredl3) BankofCom(18) { Barnsdall A.... Bayuk Cigurs Bayuk 150 pf(7) Beacon Uil. ... Beachnut(1d) .. Belding-Hemwy BelgR pt(15.98). Best & Cot3), Bethlehem Steel Beth Steel pf(7) Bloomingdale. . Blumenthal pf.. Bon AmiA).. Booth Fisheries Booth Fish 1st.. Borden Milk(§). Brizgs MfgFCo. British Empire. British Emp 2d. Brockwy Mot(4) Bklyn Edisn(8). Bkivn Ed cfs(8) Bklyn-Manc4).. Brunswick B(3) Brunswick Ter. Bucyrust1).... Bucyrus cv( BurnsBrospf(7) Bush Ter det?). Cop&Z.. Butte & Sup(2). Butterick Co... Byer & Co By-Prod(12.15). Calif Packg(4). Catif Petm(1).. Callahan Zine Calumet&Ari6). Calu & Heclat2) Can Pacifict10). Case Threshg(8) 8"!‘4 3 2% Cent Alloy2) [ tury Rib M. vo de Pas(5) Certain-Teed (4) Certo Corpnti4) Chandler-Clev. . Chandler-Ci pf. 2. Ches & Oh1o(10) 181% 182 C & O Corpni3) Chi & Alton pf. (‘M & East 11 ChiMil&StP,. Chi Mi! & StP pf Chi & Nwni4). . Chi Pne Tool (6) Ch RI&Paci§). CRI1&Ppfi6). ICRU&PPIT). Chickasha (3).. Childs(2.40) thll(.ol"’/:l Christi B(1 Chrysler(3).... Cluett-Peab(). Coca-Colat$). .. Solling & Aikmn Col Fuel & tron, Col Gas & i(h) Col GEE DfA(8) Com Cred(1). .. m Cred 15t 64 minvTr(3.60) Com Solvents(8) | Com Powr(v3).. Congoleum-Nair CongCgrs(14%) Consol Cgra(?), Con Film pf(2). ConRRCuba pf § Consol Gas(b). . ConsolGaspf(5) Consol Textile. . Container A 1.20 Container B §0c. Cont Baking A.. Cont Baking B. Cont Bak pf(8). Cont Cant5) Cont Insur(6).. Cont Mont (80c) | Corn Proctsie). Coty Incigh). Cruetble pf17). CubaCaneSugar. Cuba Company . Cuban Am 8(1). Cudany Pkgc4). Curtiss Aerof1). Cutlr-Ham(3%) Davison Chem. , Davison rts eere& o pfi7) Dol & Hud(9) ... De) L& W(17). Den RG Wn pf. ., Detroit £d(8). . Devoek)t C1A 74 Sales, Hizh, Ln!w Close. 4Ry 88" s 42 3 3'a fifi’\ 66% 2 1075 107% 10 10 W T3 4w 94 9b% Bla 6% W0 11 9014 197'. l’)fl’ 52 110% 60 . 26 173% 161% 161 52 110% 69 6h'% 26 196 183 1635 n7 5 55 167 129 8ia Rty LU Han 11 94y 18 ) 165 249 w.m T8 13% 8 9% b5 118t 36 9615 694y 240 240 bd'y 41 34 44 106% 107' 774 a 64 16% 404 13 26% a5 461 822 114 116 102 107% 51 45 59% 1124 107 Bite B8y 69 1450 KES 22% 71 24 Ta%m 1450 1000 | Crueible 8ti (5). .1 260 18 % 108% LI b0 128% 1858 132 55 196 48 14 . 156% Dodze pf ctfs. .. Dome Minest1), | Drug tnece) DUl 8B & Atlan | Dunhill intes). Duponicsiho) Du Pont dehih) Dua Lt 18146) EaaLmancis) ., antman pfi7), Finton Axlei?) . . Kileo Auto Li4). tilectric Boal. .. KlecPow& Li(1) Kilec Btor Batib) Bnd-John(b). .. Kngineers Pubh 8 Fauit Bldg (2) ., Erie iatpf, Forekn Vii15), Fairhanksd) Fedlightinl40) 167 ah 165 m‘. ws- 1»5‘ 410 1144 101 181 140 39 kL] 1% M L 1 LLa) Bl 1 941y 1874 165% 106% ki3 k{1 627 2443 108 106 73t 131 8bl4 K 561y 1184 34 9615 70 41 4% Ad's 106's 107% ki i 10% 23 64 15% 404, 13% 26% 3Bl 46% 821 114 16 102 1070 b1y 46 e 60% 116% 107 By BEly 70 145% 147 100'4 1% 1% 2 1085 101 b bl b1 80 e 180% 182 b 196 8% 114 1hid 188 470 14y 101 181 180 a1 9% 1y ah 8% T .l’l' 105 G STAR. WASHINGTON,..D..C. THURSDAY. AUGUST 9. 1928. NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Ofce. 49 d MotT« t80c) 88'3 | Fidelity-Phoenx 95 | Eirst NatSt1%) 41% | Fisk Rubber. ... 3t | Eisk 18t pf(7).. Kisk Lst pf ev(T) Fleischmann3) Foundation'Co. . Fox Film A(4).., Freeport (164 ). Fuller pr pf(6). Gabriel Snub A. Gardner Motor.. Geir Asphalt. ... Gen Cabla. . Gen Cable A (4). Gen Elec(7s). GenEilec sp(8i¢) Gen GusA(o1's) Gen € Brelly) Jen lce Crmi(3). Gen Motors(+7). Gen Mot pfi7) .., GenvutdraAd(2). Gen Ry Sig(5) .. Gen Ry S pf(6). Gen Refrac(3).. Gillette Raz(5). Gimbel Bros. ... Glidden Co. Glidden pr pf(7) Gold Dust(d). . Goodrich(4) . Goodyr 18t nnn Gotham12l3) ., Graham-Paige. . Granby Mini4). | Grand Stores(1) Grt North pf(5) Gt Nor pf cfs(5) GriNor O(13g). Grt Wn Sug 2.80 Grt Wn Su pf(7) Greene Canai4). Hacknsk W(1%) Hanna 18Ut .. Hartmn B(1.20) Hershey pf(4).. Hollander & Son Houshold (r4). Houston O1l. . Howe Sound (4). Hud Mant2)., Hudson Mot (i), Hupp Mot (£2)., 111 Cen Isd 1ic4). indep Vtitl). ... tndian Mot(1;) Indian Refining. Lndian Refg ctfs Ind Ref pf(7)... Intand S(kT65 ). Inspiration Cop. InterconRubber InterboroRapTr Internat Agri. .. int Bus Mat5).. Int Cement(4). . Int Com Eng2) Int Harv(js) . Int Mech pt 3 Int Mer Marine, Int Mer Mar pf. Int Nickel(2). .. Inter Nick pf( L Paper(240). Int Paper pf(7) IntPap cfs(2.40) In Pap pf cts(7) Int Ry Cent Am, Intl Saltes).. .. InL Tel & Tel(6) Istand Creek(4). Jowel Teut4). Jonns-Many w Jones'Tea. . Jordan Motor. KCP&L 1st(7).. Kan C S0 pf(4). K J Kelly-Spring . Kels Hayes( Kelvinator Kennecott Ci km ey (G R) ey pfiX). l\ ster Radio Krafugliz) Kresge(11.60). . Kroger Gro(el). Lago 01t Lambert Ce ) Lee Tire & Rub. Lehn & Pink(3). Lig Myers(15).. Lig & Myrs B 5 Lima Locomtve. Lig C rm.« 0). Loose-W (1 Lorillard Cy Louisiana 0! Lou Louis & Nash (1) Ludlum Sth2).. McAndrews 2.60 MoCull Corp(3). MeCrory A(2) McCrory B(2) McKeespt Tin P Mack Truck(6). Mud Sq Gar (2). Magma Cop(3). Mallison & Co. .. Mallison pf(7).. Manati-Sugar pt Mun £l Sup(s). . Man Elev gtd(7) Man Shirt(2). .. Mariet St prior. Murland Oil. ... Marun-Pu Mathieson(6). .. May Dept 8(4).. Maytagid). ... Maytag pf (3).. Maytag Lst pf(6 Mexican Seab, .. Miami Copt1).. Mid-Continent. . Middle Stutes. .. Mid States cifs. Minn & 8t Louis Minn SUP&SSM . Mo Kan & Tex. . Mo K&Tex vf(7) Sissour Pacifio Missour) Puc pf. Montgmry Wrh Moon Motor . Mother Lot3 fl Motor Prod Motor Whi(2).. Mullins Mfg. ... Mullins B pf(8). Munsingwr(s).. Murray Corp... Nasn Motrati$) Nat Acie (sta), Nat Beliun Hesn Nutl Bisc(16'%). Nat Cash 1t A(3) Nat Duiry (i), .. Nat Distillers Nat Distiliers pf Nut Enamel & § Nat Pow&Lt(1) Nut Ry Mex 2d. " n 1280 Novada C(17%). N Y Air Brid) .., N Y Central¥). :Lnnl (i), 166% n ¥ Oni&Westn 17 | N Y Sum pf6). Norf & Wn(vi0) NorAm h10% sth North Am pfid) NorAm Kd pf(7) North Pue (b),. Nor Pag ofnii). Norwalk Tire 01 Wil Supply Qmnihus Ous Klevi17). Oin Bteel. Qutlet Co pf(7). Puc Coant 2d pf, Facilc Ganid) ., Pacific Light «3) Pao U1l Buba, ., Packurd Mo(v4) Pan-Ani Petroli Pan Amer Pet B Panhandie pf Varmt-Bmyj8 Park & Tl (11), Park Utuh(80g) Pathe Bx. . .. Mathe Bx(A) 51 Puatino M(292)., Midland pf(v12) 2 104 An 2N . Low. )7\1. Péoria & East. Phila Co pf (3). . Phila & RC& I.. Phil Morris(]).. Phillips-Jon(3) enillipsPet(11) Phoenix pf(7) Pierce-Arrow Pierce-Arrow Df Plery o Plerce Patroim. Pllisbury (1 80) Pillsbry pft8%) Pitts Coal ... .. PortoRicoTohR . Posta) T&C pf 7 Postum (3). Produ & Refnrs Pub Serv NJ(2) Pub Serv pfi6). PubS NJpee7). Pullman Cot4). 807 Pure Oil (5le). . 3 28% Purity Baki3).. ' 20 W 178% 105Y 126 Reo Mot 71.20). ep | & Sc4) Reynolds Spngs ReynldsTobB(5) Richfield Of112). Rossta Inses). . 1 Royal D(ag.222) St Jos Lead (1) Stl & Senk'(18) SLL&SF 2d pd (#) StL&Southwest Savage Arms(2) Schulte (83%).. Schulte pf(8). Seab Afr Line. .. Seab Air L pf. Sears Roe(32%) Neneca Copper . . Shattuck FG(2) Shell Un(1.40) Shubert Thes Simmons Co(3). Simms Pet, ELIA 39% 1120y 984 92in 3% 59% 120% 13% Por Ric8(f2) South Por pf (%) South Calif Ed. . South Dairtes A. Sauth Dairtes B South Pact6). South Ryt South Ry pf(> Spang Chaitnt Spedr & Co Spicer Mg Std Com Tob(3) SUG&B (3. SIG & E pnu. Std Millng(s). Std 0 C: SUWOIN (7135) SONNY (1.60). Std P Glass pf. . StdSanProt1.68) Stanley Co Stewart-War(s) Strom Car2). Studebaker(s) Suniltnl). Superior Ol Telautogh(80c) . Tenn Copperl). Texas Corpn(3). Gulf Sul(e us & Pucts). Pac C& 01, Tex Ld Trinew) Thatcher Mfg. Thatcher pf 3.6 The Fair(2.40). Thomp J R(3.60) Tidewater AsOf! Tid W ASOIIDf16) Tidewater Oil §0 Timken(15).... Tobac Prod(m). Tobac Prod A(7) ‘Lranscont Oil. . Trico Prod(214) Udwd Bl F(4).. Un Bag&Paper. Union Carb(6).. Un 01l Cali2). Union Pae(19). . Utd Biscuit 1.60. UtdCgrst(Csve) Utd Fruitvsls) U S Distributing U S Hoffman(4) U S Alcohol(8). US Leath . US Leather A.. U 8 Lea prpf(7) U S Realty(4).. U S Rubber. .. U S Rub 1st pf U S Smelt (3%). U 8 Steel(7). . U 8 Steel pf(7). Univ Pipe & Rad- 19% Uul PEL Ace2). 39% Vanadium(14)., 70 Viek Chem(4) 687 vmur Tatkg(4) 941y rpr pfe7). 107% Caro Chem.. 13k Va-Car Ch pf(3) 53 Va Ir C&C pt 50 Vivaudou Co 140 Vulcan Detin... 31 Wabash....... Wabash pr AN) Waldorf (1) .. Walworth(1.20) Ward Baking B. Warner PicA. .. Warner-Qui n Brosi4) Warren F&Pipe. BrA) 0 151 pees) P Popf(7) West Dairy B. . West Maryland. White Motorat1 White Kock (). White Sew Mach White SM pti4) Willys Ovi1.20) Wilson & Co..... Woolworth b) Worthn Pump Wright Aero(2) Yate&Twhne(vs) Yellow Truck.., i Youngstn Shib) NN B8 Hourly Sales on N. Y. Market. . 24,900° 12 noon 700 zpm 1,231, Diyideud cates an grven i the avuve Ladie ar sed on |h gl é‘l‘ h!" i Blfl -Mn anmlr’I; in PR ook FOREIGN EXCHANGE. (Quotations turnished by W. 8. Hibbs & Co.) wold Selling checks ) today, o Svow Locknhoim srown nwvu 0“’1‘"’!0‘1‘!! {T ‘Three hydroelectric projects along the Danube are heing considered by the Austrian government, | Special Dispatch to The star " | sors for the: STOCKS STRONGER = BUT TRADING LIGHT Market Apparently Firm De- spite Money Situation. Holds Steady Trend. BALTIMORE, Md., August 9 (Spe- cial).—Potatoes, white, bushel, 70a85; new potatoes, barrel, 1.25a2.50; beans. bushel, 90a1.35; beets, 100, 2.00a3.00: cabbage, 100, 3.00a6.00; carrots, 100, 3.00a4.00; cucumbers, basket, 40a60; cel- ery, crate, 1.00a3.25; corn, dozen, 10a25; eggplant, basket, 1.00a1.25; lettuce, crate, 2.00a2.50; lima beans, bushel, 1.50a2.50; peppers, basket, 25a40; onions, bushel, . 35a75; squash, basket, 25a40; tomatoes, basket, 25a50; bushel, 75a1.00. Apples, bushel, 25a1.00: blackberries. | quart, 12a15; cantaloupes, basket, 30a60: | crate, 50al. huckleberries, quart, 12a16: peaches, bushel, 75a1.00; water- | melons, 100, 15.00a50.00. Dairy Market. Poultry—Spring chickens, pound. 36a 38: small, 30a35: Leghorns, 25a32: old | hens, 19a28; poor and thin. 17a18: old | roosters, 14a17; ducks, 21a23: poor and | thin, 17a18; old, 15a18; pigeons, pair, | BY GEORGE T. HUGH! NEW YORK. August 9.—Prices were moderately higher in today's stock market, but trading was very low. The fact that prices held as well as they did, with the moncy situation so un- certain, was impressive. | Eggs—Receipts, 314 cases: native and Early strength was not fully main- |nearby current receipts, in free cases, tained in the atternoon, but there was|dozen, 29a31: small, 24. Butter. good no weakness. Volume did not increase :‘-’,.{;n?b:{“::::‘y 11.‘5'1;;‘;5‘33 r;“u‘y: on the decline. ; 41, acked, 31; process, Industrials monopolized attention, the g o rafls being neglected. Montgomery | Hay and Grain Prices. Ward and General Motors were the | wheat—No. 2 red Winter, domestic, | leaders. The former made a new high|no quotations; No. 2 red Winter, gar- for all time. when it sold at 198 in the |licky, domestic, August_delivery, 1.2615 fourth hour. Chrysler did better also|September delivery, 1.27%,: spot, 1_25!2, in the latter part of the session. What-| Bag lots of nearby. at wharf, sold at ever the fate of the general list. spon- | range of 1.00a1.20. stocks seemed to be surc Cargoes on grade, No. 2 red Winter. of their position. garlicky, 1.26; No. 3, 1.23; No. 4, 1.20; The markel had its most confident | No. 5, 1.17. appearance in the last hour. General| Hay—None. Motors made its best price at this time.| Straw—No. 1 wheat, 11.00a12.00 per | 25230. | Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit Life tns Ue 1520 K Street 4“5 “We close at 4: 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 1519 K Street Main 9300 Consult Us First If you need money for vour Real Estate financing let us have your application today. Prompt Sery No Appraisal Fee The Commercial National Company Ineorporated Patd Up Cash Caital. $800.000 o.m. ulllm:- "y St. Leuis Southwestern extended its early gain until above 93 it was up more than 6 points on the day. Discussion continued as to the proba- Bank raising the rediscount rate at to- day's meeting. There was a good deal of nervousness apparent in brokerage bility of the New York Federal Reserve | ton; No. 1 oat, 12.00a13.00. | Eesmmten o - i Oats—No. 2 white. domestic, old, 65a 68, nominal; No. 3, domestic, old, 64a67, | nominal. Rye—Nearby, 1.10a1.20. Corn—No. 2 yellow, domestic, 1.20a 1.21: No. 2 contract, export, no quota- tions; corn on cob, new, 5.7526.00, nom- offices on this account. Time money |inal, per barrel. was firmer, with 6!4 per cent bid against 6 per cent, whlch has been the | ruling rate for weeks. Iy Prices Higher. ! Notwithstanding these discouraging | conditions, prices - worked higher in | CHICAGO POTATO MARKET. CHICAGO. August 9 (/) (U. 8. De- partment of Agriculture).—Potatoes. re- e | CEiDts 73 cars, on track 268, total U. S. Let us have your applications “LOANS ON REAL ESTATE mmediate Action Courteous Treatment ,.rnrcet, that Mr. du Pont wuuld recon- | sider his decision to resign. 1 Westinanouse =, the early dealings. Perhaps it was th | way in which liquidation had not been |3 brought out on similar occasions in the | ! past or perhaps it was the conviction | that business interests would protest | against any long period of high money. | but in any event opening prices were | higher all around. Montgomery Ward again was the leader in the industrial Darv of the list. At 1971, it duplicated its previous high record for all time. Sears Roebuck was| well supported. Radio ran up over s‘ points at 175, responding to the account of the air transmission of moving pic- ;ture: ‘Warren Brothers gained more than 7 points. Traders who had sold General Motors | short Wednesday took in their contracts | | today, as the report spread through the ! moved up and most of the mdel‘)enden'I automobile stocks were moderate! er. Republic Iron & Steel was !hz fa- | vorite in the steel group, although United States Steel crossed 140. Spe- | clalties went along to a greater or less | extent. | | - A little more interest was shown in | the railroad stocks. St. Louis South- western went to new 1928 high above 91. For the most part, however, trans- ; actions in the carrier shares did not result In much change of price. There | were one or two strong spots among the utilities, notably Consolidated Gas and Columbia Gas. The former was bought because of the improved prosect of the merger with Brooklyn Edison. {Cowrriah 1028) nnom l‘l“ susrmsn NEW YORK. August 9 (#).—Suspen- sion of the firm of W. D. Moore & Co. for failure to meet its engagements was announced from the roster of the New | York S Exchange today. ‘The st spension apparently was H\ld!‘ automatically when the firm announced | it was unable o meet engagements. H. M. Curtis, a member, said that the com- pany was not in a position to make a statement until later. Spencer W. Aldrich represents the company as A member of the Stock Ex- change. Other members of the firm are ah-neu V. Clark and Norman W. Halli- | ay. DIVIDENDS. Pe- Pay- Hldr! n( Rate.riod. abl \ Our record of 35 years speaks tar itself Percy H. Russell Co. 1731 K St. NW. shipments 553 cars: supplies liberal. demand very slow, market dull and weak: Kansas and Missouri sacked ‘| Irish Cobblers. 70a80. mostly 75: occa- sional sale, slightly heated, d Minnesota sacked early Ohio | few sale: Compound Interest Maid on Savings 3% National Metropolitan 114 Bank 114 Years Years Old Old Standing at a Veteran Bank —such as this, has defi- nite value to the busi- ness man. The Metro- politan’s clientele is rep- resentative of the eity's best interests—the sort with whom it pays to be identified. TYour account is invited Oldest National Bank in District of Columbia MILLIONS ARE LOST ANNUALLY —in speculation, simply be- cause investors with an eve for unusual yield forget to look out for safety first. Our FETENaR DODODOOD, H 5 i, rln-'rhumn on ey B i) Exgtman Kodak f§E§§§ gis : 8% BEEERERNE:: 224 OZRZE0? 000 5 EEL L 23EERET 0Z2 %2 R00% 2 % - % 88822 B e BERenmte e =, 2% S0 nooooo»mnpooo 00D; i iy n) b T TR Rer | u‘u rlow Wiz B Boxy Thi i Timken Det Axie pi Bnuo& Amusement. v ) § 5288585988 NSNS o Waleh Grape Juice Do. pf . D (38 Wesson Oil & Sn’ ' s1'% West Ohin Gas pf A 134 *Pavaole in cash or pee SSEA 3 538! SHORT-TERM SECURITIES. (Reported by J & W Seligman & Co. Aluminum Co. of Amer. ,« 1052 1001, 1001, Ameriogr, dadistor das igel. . 81 Alaconda I & n Nor Ry Co ‘" ”g.i ‘:::' hes. & Oo. fl.l S'Z':m %‘.}3“: i ..a:§’ i d Nt Ry o) oodye: R8s 194 grend 1 'rnmk Cajinda 3& 1936 o u\blu“l)ll s 'Todd) 2 it S0 & Wheeling ll«l c«rn'{‘ flElIAlV BOHDS AND STOCKS. | Speciul Dispatch (o The Star NEW YORK, August 9. Ger Govt Red Loan with draw att 100 R aer Govt "Red Lown without draw ctfs per 1. 1, dollaes” per “milliog arks) dollats per ‘thouiang murks) Ger Gen Elec 4143 pre-war... 23.00 Ger Gen Elee 4143 1919 l! Dre-war % 35, 3'u8 & 43 DI I American Line m- rfnmm tova 4%, Bid 35.00 Asked 60.00 | 2 weweBla B B S 5! k \’vnmn orth i Llovd Austrian A E O (Gen Elae: 22323323223338732312353 2EEEEES Lt 5333332323323 3523352222 3 = 69 FIRST MORTGAGES —hold out no lure of fabu- lous returns. They are in- herently and fundamentally safe, however, and the in- come therefrom is the high- est consistent with absolute safety. Over a Third of a Century Withont a Loss Available in Amounts of $250 and Upward B. F. SAUL CO. Main 2100 925 15th:-St.” N.W. THERE IS NO SUBSTITUTE FOR Pottering Paracelsus I' WAS the aim of the alchemists who pre- [ ceded Paracelsus to transmute into gold the baser elements of the earth. But ke pottered around with other mixtures and concoctions. The strange liquids which were brewed in his retorts were the forerunners of medern medicines, but because of the little knowledge of the brewers they often proved fatal to the patients who took them. Lack of knowledge means uncertainty, danger— as surely in investing your money as in taking unfamiliar medicines. For this reason, you should invest your money in the First Mortgages issued by Swartzell, Rheem and Hensey Company, be- cause you know that for over fifty-nine years they have been safe—and during that time have cured the investment ills of thousands of investors, These notes pay interest at 0% now, available in as small amounts as £100. Swartzell, Rheem & Hensey Co., 39 Years Without Loss to and are . dn Investor | LOANS