Evening Star Newspaper, August 15, 1928, Page 14

FINANCIAL THE EVENING STAR. WASHINGTON, D. €. WEDNESDAY, AUGUST 15 FINANCIAL." st [ WASHINGTON LEADS| [ NEW YORK STOCK EXCHANGE | STOCKS GOHIGHER [™"'Svac or sicicn oee oo oo L Joseph I. Weller 120 Wash. t. & Trum | Recelved by Private Wire Direct to The Star Office. BALTIMORE, August 15.—The Roths- Yield This Year. Bldz.. fth & F NW | {child interests of London were the \)u\; ei. of the block of 80,000 shares o IN SIURE BUSINESS‘ Open. Righ, Low. Close Open. Hish. Low. Close s Open 1 IN BRBAD RE[}DVERY Silica Gel Corporation stock recently hnfi“q“;‘:‘?flm(}: l:o“» "l‘ l s Flrs‘ | | Abitibl Power(4, 51 Bl 51 51% | First NatS(11) 37 3 Pere Marq pf 94 9 E sold by the Davison Chemical Co., it is highly encour: | | Abitibi Po pe(8) & : 89% | Fisk Rubber. .. . %S Peerless Motor. 16 : understood. ‘The price was $24 a share | &R €7F ¥ Adv Rumley.... 2 41 | Fisk 1st pf(7).. 6 I'hila Co pf(234) 48 N J e A Sl net. or a total of $1,920,000. The pro-| ™ If vou need money for S Adv Rumley pf. Fleischmann(3) 69% 7 i Phila & RC& 1. y 29 ceeds will be used by the Da Chem-+ 27 e vielda Gty o oA " Eats b : : K s E 3 o ¢ Co. . A Phillips-Jol % i H ! vel e 505 | b = i s 4 your Real Estate financing || Sales During July Are Highest | {xmada Lead- Biinanionce. : {Eneston) | Well Sustained Bullish Move- |ical Co. for development purposes. | " iomice af a bis eattor fer us hav ficati | Air Reduetn(2). Fox Film A(4) Ri 4 8 Phil Morris(1).. 16 1t is said that the deal will prove of oty p have your application i N Ajax Rubber. TS T Freeport (16%). 6 s PhillipsPet(114) 404 0 mutual interest, since it is_probable | 2ady 277 HUmELH today. | Among Cities of Fifth Alaska Junea... 31y 3 5 | Gabriel SnubA. 18! N Dierce-Arrow.... 13 13 13 ment Is Led by Advance thatthe parent company will supply all { ot 4% pe closi Prompt Servife | AllL83 Chom. s, 2 Gardner Motor. . R s il L § the siiica gel used abroad, The Dasi- | 120G oy ich 4 Cl . G T ¢ ! . son Co. owns more than No dppraisst Fos | District. Amal Leather 1 1% ol Sl b , | Plerce0ilpf.... 200 in Motors. S iitca Giel slock and, after the ale | o : it | Allis-Chalm (7). 1277 126 Gen Asph pf(5). 113 36 1131, | Plerce Petrolm. ' ks P of the 80,000 shares to the Rothschild The Commercial National i e Amerada(2) 3 3lla 31 8! | Gen CableA4). 98t BHISULY CRELYER T R the Davison Co. will still hold in its| 00 b0 ATE0T TG Cowpany | BY EDWARD C. STONE. by :;;;i:"“lpr"‘ 8 Gen Cigars(4).. 60 G0y | DltsCoal.. ... 481 4 4 BY GEORGE T. HUGHES. treasury over 104000 shares of Silica | tXPEES LY DR AAE (O halt exp Incorporated | Washington led all the cities in the | Am Bank N(13). 1157 115% 1 GenEles 0 W 1% | PortoRicoTobB. L 14 23 | Special Dispatch to The Star. ‘hen the 80,000 shares of stock Paid Up Cash Capital. $900.000 ‘ fifth reserve district in department | Am Bk N pf(3). 61 6l G::’("L:{‘;fi;,’ : Lo | Postai 1 f WALL STREET, N. Y. August bbb ERGABIE AR (Avesty’ aTe Gen Blec(15)... 147% 1514 147% 1513, | FortoRicoTobA 5 G*! Corporation stock | store sales m July, according to the | Am Bosch...... 3215 331 Gen leas Crm(3). \ ‘ostum (3 L. 64 Stocks went uniformly higher in today's ; ered, the total fr ‘} Steel Scrap Reported Scar 7 YORK, August 15 (# c is scarce mer: Commercial National Bank Bldg. [ latest report of Federal Reserve j:m Br ‘hu;‘fi'j) ]“)‘y“ :{,‘j‘ 9 40| Gen Motors(17). 177\ 1845 2 . car. g « 22| market. The recovery was broad, well| ment of that group in the Silica uel | Bank of Richmond. | \m i wn m,f 1% i Gen Outdr Ad(4) 49'c 491, 49 g 4 5 . | sustained and impressive. It was led by | Corporation in this country and abroad | Sales of 44 depar {Am Brown Bopt 801 30t . B4 33 r k 2 | the motor stocks, but other industrials | will agaregate $4,500,000 ment stores in the & ree el SRR LU B LB L 2(6).. 95 0T 4 it o swung Into line and the rails, whiln b | ifth district a 3 Can p 0%y 2 3 5 50 5 E 4 SEEIRE S - comparatively inactive, were decidedly averaged [AmCaraFdy (6). 20 80 90 % 9 @ ltman Co4)... '@ P y s 0IL FIRMS MAY UNITE. iy el - R m Chicle(3)... 85 85 84} 3 : ‘ure O11 (h0e).. 224 2 2 fars_ in_July than (@ 3 |4 e pf (1) 110% 110% 110% Glidden Co. 224 2 15 f DUROLEDOERY .. L) 21| midday the rate for new Ioans had been | of an ending major consolidation & Towne Earnings. 927, altl 3 BD T S oo ol 3 Gold&StekTel (6 Y 2 12315 1234 | sl ® | figure funds were in supply and further | rpe paj ays that o ! ORK. A t ot SEIB ; majorit \ 107 107 g Goodrich(4). ... KELE A i 21y 18314 | easing was anticipated. It went to 6 per | gyestar i s the oil trade. c ¥ stores $ld fewer amile " ois A e, L Read! (4).. 991 99', 100% | cent in the early afternoon. . | Her ering ctor cral < READS }.wn_d\l in 9 AT TOReERN U CS) 98 b+ ‘:m”;;mv 4 () ‘ 3 There was no change in the credit | the ‘Royal Dutck roleum_Co., a ALL ‘T period. 1 - T R A o # b | G $234).. T6W T 5% | Real Silk Hos. .. 5 5 | situation as far as borrowings for fixed | walter G. Teagle, president of the Near | % & sales d . & i . gtn-Rand 2! riods were concerned. Time MONEY | gast Devel ent Cor tio e EHMAN'S TIRE SHOP C1tios oW fh Am Linseed.... 100% 110 109% G <BRigd. . % i 4 Ihe e sal 2 pe ' | Ea velopment Corporation, ar 2 3 lleF‘H& K N.W. Y tat i Am Locomo((§). 921 904 B EhBr alde ot e A 93 93 lloaned at 6'; per cent, the high of {he | journing at Anchacarry Castle vacht club at Belfast, Ireland, re- t SWoo Nl IS s Am Piano.... 174 17 Granby Min(4) ‘ 1&8 - e | et e s 7ai Am Piano pf. B8 BRY% 5 18 Storencl) i e that some $100,000,000 in time loans hteen of th Am P& L(f1 8018 vand Union s 107 would have to be renewed this mnnlh.} = = orting st o Am Po&L pf(8). 1025 102 2 - ' : iLs e and that the outlook was for contirued | 4 5 2 3 o REAL ESTATE S more N Am Radiator(5) 145 s 146% | Grt North pf( 4 ) 132 2 4 stringency. The stock market, however, S / S MOR T month than ir Am Republfc. .. 63% 6478 | Grt Nor O(114) 4 3 ! 464x . < 15% | was not concerned with that phase of | in leading all | Am Saf Ra 1415 : < : |the subject. Traders were impressed LOANS reporting s Teported. @ gain of 74 | A Seatius 3): A T A b 530 Dol viataia) S ST S04 ST ealy with the eser o driea] oncy Il STEADY INCOME | Am Smelting(8) 1995 2021x 1995 201% | GreenBay&W (5) Motors Show Strength. 1 ain of per ¢ t . 160 160 160 ecne Cana4). 4 e e 3 ] / 0} A he t 1 r S . Bl 2% B B Guantanamo Su. 61 3 ' b ) Aok 96% Chrysler and General Motors were | /0 2 /0 s T10% 1105 110% 110% | Guif States Stl. 63 3 | bl 4 92% 9 headed in the same direction today. In “ 5 Money renewed at 7 per cent. Before | [ONDON, August 15 (F).—Reports Your income will be steac when you invest in our P other recent sessions General Motors FMnEs MEDLC - had been going down about as fast as| ek . ted of 2 ) Am Sumat LGt s LApsiEsEtstand ra 6 Helme G W(5),. month last Am Tel & T 1550 1 Business Properties Fight chains of & and 10 L By Hershey pf(4)., | Seab Air L pt Chrysler wes going up, . Whey B0l 1581 1381 15 17% : k v, General Motors more || . + £ . T 4 Houston Ol 3 ; Seas gained today, Gen Hli eport a gain of 6 > Am Tobaceco [y 160 ] . Seagrave( 14 5 : the In fon’s average compiled from 484 stores | Am Tob pf(6).. 117 i :}:::";f’;,‘“:‘.““”' > A nioe }q'ff'r'r"'é?lé n'.'li'.’ :2:\:“?;"&:‘;::‘;%{“""91 b . s 3.1 per cent AmWWEEI(cl). 561y 2 56Y > B%. Shattuck - 114 . v at the open- District of Columbia 'he Middle Atlantic States, which | AMWWISt pf(6) 100 1005 100% 100% e OO, o T 3 ;:,m“é‘h:;‘vls {l:’ a‘:'t:l(!\r‘:?l“:d:tnrs e : and Nearby include Virginia. Maryland and the [Am Woolen.. 161 16% 16% 18 | HUPP Mot (f2).. 3 512 | torcover and the stock above 181 v-as up | |ff = . ANy District of Columbia, made a record for | Am Woolen pf.. 43 43 43 43 | I'lnoisCen(7). (DTHOLE SO ‘ ' | nearly 5 points from the preceding close. To the investor who seek Maryland-Virginia construetion. contracts in July. accord- | A™ WritPactfs 13 13 % 11% | Indep Oil(1).... 26 (IR s e ) | The retreat of the bear interest was ac- P 1 ing to the F. W. Dodge report. The | AMm Zinc... 4 2 277% | Indian Refining. 28 7 'x 26%| colorated by what was termed “good | absolute safety and an ade- 3-5-10-Year Terms Southern States. which include the two | A™ Zine pt 5 Indian Refg ctfs el 3 buying” in the Street vernacular. iy . Prompt Replies Caralinas, also had an increase in July | Araronds (6 o6k 6 vttt a ainee s ; : Practically all the rest of the auto- quate return on his money, B ArniobEey Sl e e e | Snider PRg pf. .. 41 44 {ix | mobile stacks were strong. Packard was | we can suggest no form of Randall H. Hagner & Co. Committee Holds First Meeting. | Armour, 111(A). 19% 1 a5, | Inspiration Cop. G 0] otw Res ; e eemeat. but Hupp and Stude. | | : o o Incorperated) The local bankers® association’s com- | Armour, II(S) . [AnaraRapTT Al A5k 5% | Sonch Dalrise & : 46k | Daker were not far behind, while a investment worthier of con- mittce on_standardized banking forms | Armour.Iil pt(7 8 er BT 5 5 5 1 oo8 e E tive newcomer. Brockway Mot- : z e Decatur 3600 held its first meeting yesterday after- | Arnold Con & Co : Int Bus Ma(s).. 2 T e e : ore Pactablished at 62 A new high || sideration. It is of equal ap- noon at headquart hairman Fred. | ATtloom(3)..... 32 N Int Cement(4).. | South Pact6). i ek # o SO B ’ P41 South Ry (8).... 146% 1168 146 since listed. Stocks of the motor ac- i R i 1321 Connecticut Avenuelf | erik . cox prsiding. Other mombers ooty e, s L 5T S | O RYM&OrH 4 12 198 cessory companies were in demand. the peal to surpluys funds large of the commiitee. most of whom were S > > ray C¢ ration, Mortgage Loan Correspondent | present. include Thomas J. Groom. J.| AtenOi(Zh. --. 4% Int Harv peid). 1 oet Chs : 31| (eatare - baink - MITERS e Thakers | and small. " Dann Faber, Joh Ik = chison( 89 g Mteh pf 3.2 b S S 2 . ok Bi ’ | New York Life Insurance Co. § 2"Linn. Rasmone 6. Mane. & 1 Mew | ALehison pry” 204 101 dod InChur Marine. ShirNite . e Qusne Frink O¥ingk C. O Ratcitmel [ Al Eam L R0 a0k 1880 ThE d6e B MET AL vE y Bl 51 8 The short covering in General Motors Available in Amounts | Baymond L. Schreiner. Chiarles W. | X4 RANRIE ). 200 i0e 1o 1o | IfaE NI (> 20 13 3 (3%4).0 5 a1, | was paralleled by that in Montgomer: H . [War . SWan an ames A 3 o - SR1 h 6 = Mortgage Money Loaned | T AutoSales...... Sn 8% @ x| [ntPaperi0) AT e : i cioe o of $250 and Upward At itw Aeticat Slites The committee had an informal dis- | Balto&O(6)... 105k 1054 105 i oy ate ety ik {Std 0 Cal(zy). day. Montgomery-Ward shot forward cussion of some of the work it intends | Bang & Ar(31%) 72 today as previous sellers for the decline & i s & = 2 2 2 |in Pap ptefs(7) Tyler & Rlltherford to take up during the year. 1";,':&,';*_,',,‘“'1:’ 1 HA e Int Tel & Tel(6) hurried to take in their contracts 2 Radio had one of its characteristic ad- || vances amounting to some 7 points as!| it neared 180, Other strong industrials | 3 X X Represcnting Mutnal Benefit Lite ins. Co Bank President Back From Trip. | BarnsdallA.... 24 24% 2415 2414 | Jewel Tea(4)... included American Can, Allied Chem- | |f 1520 K Street Main Wade H. Cooper, president of the|BarnsdallB.... 24 24 | Johns-Manv (3). “We close at 4:30 p.m. until Sep E{x\uled States Savings Bank and of the fi"fflfl 0)*(' . 164 164 184 jones&haufln ntinental Trust Co., is back on Amer- | Beldinz-Hemwy 13% 13% 13% 13% |Jordan Motor... 9 8 4 s 3 ohns Man- 2 1%h < Rt ican soil after an extended trip in Eu. | BESt& Co3). . T0n Ton 70n ki e e [ SUbmarme b e et tas |l Main 2100 925 15th St. N.W. | Tope. He is expected back in the city | Bethlehem Steel 56% 58 56!y Kan City South. | Sun Oilent) ... tionally higher and ranged above the ! i Investo alio ik tomorrow. While away Col. Cooper | Beth Steel p{e7) 117% 1174 117w Kayser J(5).... 6 [ 71 | Superior Oil., previous close during the early trading, | e estors o buy, loured England, France, Germany and Sl ORI 36 36 | Keith-Albes. [ 218 2 {Sweetsof Amer. 13 13w 13 | but was not especially active. 1l | : UBSTITUTE FOR AFETY G | | Switzerland, traveling with his son, who ming| 0 ) Kelly-Spring. .. 8 Symington Cl A. 10% e vdl ' = 8 § THERE IS NO SUBS UTE F APE {bonds can eliminate |is a teacher in Vanderbilt University, | Blumenthaipf.. 97 100% 97 Keis Hayos i), . g | Tetautoghisoey. 1% Copper Stock Strong. | Lala ; | 679, FIRST MORTGAGES iguesswork in the se- || The banker returned on the Empress|BonAmiA().. 71 TUm 7in Kels Wh pf(7). . e Conoa S g An important development was the || ! s et of Scotland, landing in Quebec. So de- | BOOth Fisheries. 8 R i | Ketvinator Cor; T L e 1% 1 of the Kennecott Copper div lection of their invest- | |lizntrul did he fing the picturésque od r SRS R Kennecott C(3) exas.Gulf Sul(s Bi o fond from ' 5 i ments by making use || ity that he decided to remain there a | 5oiany Minsca) 13 13 ~ 4 964 9 | Texas,Gulf Sul(s 67t s | dend from a $5 to a $6 annual basis. 13 fi:":'y“{{{,"" i 37 37| Tex PacC & Oil. 1 3% 13 | The stock was strong. selling ;ro';mdll 2 » & F a8 nfiey pf(8)... 3 a ex Ld Tr v 1 its high for all time, but a goo eal / of | “Another banker returning from his| BrisEa MEsFCo. 3% 361w Kolster Radio : e 238 | 0F fealizing followed the dividend an- N\ The SEAL of SAFETY | vacation is Frank Owings, cashier of et el 6 6 Kraft(gl%) . 6 3 5 hird Avenue. . i 3 nouncement. American Smelting & Re- = INVESTMENT MEMORANDUM 100k A sea trip to Jacksonville, On | Brockway pf(7) 124 1256 123 Kroger Gro(cl his return he spent the remainder of 5‘;};;:}‘13:?::.): 245 245 245 RS 4 5 ::Z)gfiif;f{\',\.;?sli 4 m;:ilnor features were the strength in : G[/ARANTEED SAFETY tarting i 6413 65 T . 3 rous kgdfi;mi;h:hefimhrfi: gry& WESks &t Ds cottige down G thelip win b (1) 432 u: :'-'4:: Lambert Co (16) {.““k“ Oll pf(3) ;| the amusement stocks. under leadership VHuru; ; g : Aibert S. Gatley, vice president of | Brunswick Ter. 411 421 41% s | Les Tire & Rub. 4 g imken(f5). % 12 2 of Paramount-Famous, and the rally o 41‘\D 61/ 0, 1 IELD dum we will cheerfully make a | | 112" Cincoln National Bank: leaves here | BUCYTUS(1).... 341 35% 344 LehighVal(315) Tobac Prod(m). 94 9 g 9 in some of the sugars, notably South £ 270 careful study of the Values of | | Friday for a month's vacation. which | BUCSTUSCY(2%) 4dl 450 41 R B |t g B Shdehst piiecatéadly abibaits of || 3 s 3 B = : e h Lite Sav s b Ae Ky T % 3 e market pushed steadily ahead in " i Current Bond Issues and submit .:’:ll":r‘,‘li‘e"’:’}?,’:,,gl%‘pfiszid}%&mfi: Burna Bros(s). 824 324 3o Lig Myers(15).. s . ransue & W(1) 48 k] s afieidons.. The voume: was' not Insured Mortgage Bonds of the Federal Security and those which will be suited to | | the sam had & | Butte Cop & .. 7 same cottage he had a year ago. T 7 |LIs&MyrsB 15 864 8 Trico Prod(3%) 374 375 3815 | large, but there was no mercy shown Mortgage Company embody all desirable safeguards for . Butte & Sup(2). 9% 91 9% 9y | ima Locomtve. Udwd El F(4).. 67 to the short interest. The feature was S P 7 B your requirements. Deal Revives Historic Memories. Butterick Co. ... 45 45 45 3 | Lia Carb(3.60). 7 Unlon Carb(6) : = | American Can, which reached 98 for the protection of the investor’s principal. Purchase by Crane, Parris & Co. of | Byer&Co...... 95% 96% 954 Loew's(73)..... 5 8% 6 5 Un Ol Cal(2)... 5 2oi. | the first time for the present shares 3 2 Send for a copy : the hbui]dlnzma;‘ B2l Fifteenth street | cayye packs4).. 71% 705 713 ,ll.:’elw PL(6is). 00%x | Union Pac(10).. 1921 }‘:nr::%nul Cash Rms;\u nkpkmse ps‘:l&- Secured by mortgages on conservatively appraised 3 northwest, which the investment bank- | .\ b e et I i * | Un Pacific pf(4) 2y, | lished a new top as the stock crosse - Rans f C : THE EQUITABLE crs will oocupy on September 1 hss i Rl R D S ST : ¢ 312 | Utd Biscuit 1.60. Sk 4 | (pU:S. Steel ad been neglected during owner-occupied homes of the District of Columbia, they . rawn attention to this historic section | » va - 2 . - =W 0) s 55 4% | UtdCgrSt(C8oe) the forenoon, but it was taken in large - = vati ~ il "] of the financial district. The corner | Cal & roateczy E Looge-W 15¢(7). 11 1855 1181 | Utd Cr St pf(6) 106 blocks in the afternoon around its re- are the direct obligation of the Company with resources SECURITIES site on which the Liberty Bank NOW | canDryGale(3) 7 e S Utd Fruit(islg) 135 34 135 | cent high, reviving the stories of some of over $1.000,000. COMPANY INc. || 300y rmmnt home of ot | Gaacieis, ot olld st st Eouimetisy. 10 4% 1o 4% yf biieionthe ' Tt Y "l |l diveopmet, s | s & Co., an on which | Gase Thresh, 1 oplil e B X b S Hoftman(4). 50 5014 | the company. ehem Steel an S A R s Nt ki pesie | stands ‘their’ future home, are among m"u“;ys(‘x(-c)a;gl: 18 3 LT&'R.&;?.I",‘" i % | 08 Aleohol(b). . 1115 %% | Republic Tron & Steel benefited from | ]nr.h pe nd(nll_\. trusteed by a ldr;(‘_ -.\Al(lnl’hll Bank e ; ot o T D rews ? 8 J S Leather 60 5 er independent to find favor was | P 5 5 45 of New Torh | cavalry escort was encamped on_ this CatoT Ry oo 3 ThM ER | afeckiCotn(d). i0ra | U S Liea pr pi() 10714 Central Alloy Steel. | teed by the Equitable Casualty and Surety Company of t 8 C C) 2 9 L tealty v] v - > s - 917 Fiftcenth Sreet, N. W, (| Eround, Later ine famous place of | Corivn'Tesal) 4 gdn ign b | NeCOY ALY T TRl G . %°|, Stocks which had been strong earls | Ney York, with resources of over $3.500.000, wiider the WASHINGTON, D. C. erected there and probably more inside | Chandler-Clpf. 22 22% 22 el U . Do abuarmti. 60k 61 | just under 182, was up 9 points. - Gen- supervision of the New York State Insurance Depart- political deals were put over in his|Ches& Ohfo(10) 180% 182 180 Macy (R H) (¢ E IS Smelt (3%). 3'y | eral Motors and Packard worked high- % : | hospitable rooms during half a dozen|c &0 Cospn(3). 64 65% 64 . | Mad Sq Gar (2). U S Steei(7). 2 er, while Kroger Grocery and Eastman ment, they present an unusual investment with a liberal administrations than in any other|chig Alton..... 104 10t 10w Magma Cop(3). 4 A B 5 abh ceny 3 | Kodak did better in the specialty group. vield'df 614% net | meeting place in Washington. The ad- | Chy & o p 51y | Mailison & Co. .. Unt Leaf Tobi ‘2 693! The close was strong. Westinghouse vield of 6157 net. G _ Tailors tosuccessfulmen vance of the financial district is grad- | Cp & East 1l pf 58y ; 3" | Man El Supt5).. : : 0l Pic 15t pf(8) 97 | Eleetric was taken up in the last hour | At 3 - ‘ since Pennsylvania Avenue ually displacing the older historic build- | Ch Great West. 3 an; | Man Elev gud(7) - 80 [T me e & and above 97 showed a gain of 4 points Descriptive Circular Sent on Request THE EQU . 4 < 5 3 } i el the Bank of Commerce & Savings, who [ Brockwy Mot(4) 604 62 603 Kresge(11.60) Tidewater Oil §0 261 fining worked higher along with Kenne- { e e ings and nothing but the memories of | Ch; Gt West pf. p ” - Man E! m2gdi) 2 tah Copper(6). 165 8 Inland Steel featured became the Nation's Main Street | | 2 Tow ol timere romain TRV S ol | Man Shirt(2)... : Tl X el socks. wile Unied Staes St F deral S ity ¢ o Mergenthaler Active Today. Chi Mil & StP pf 46 f | Marland 011 3 3 vanadium(i4) 701 and American Can left off at the besl: e el' eCUl'ltY Ongage o Mergenthaler Linotype stock came to | Chi & Nwn(4).. 80 Mar-Rock 12%., ¢ | Vick Chem(4).. 6 9 i1t | for the day. So did Radio. 1522 K Street N.W. o /st ww_ g | the front on the Washington Stock Ex- | Chi PaeTool() 111 111 111 Martin-Parry... 174 o4 Vietor Talkg(4) 94 CAPITAL & SURPLUS OVER $750.000.00 = v vise | Ch! R1&Pac(6). 116 116% 116 Mathieson6). .. 132 Va-Caro Chem M 134 £ o E RIRIDE Lo e ng:gv:mrendth:;mdtultl“gsrs‘:::? Childsy2.40) 6% 4TH 46% el ] Fiveunacol. ie 16 16 New Gas Officials Elected. i The market opened with a sale of 100- t‘:hnecer:l;.) 43k 4du 43w 43% |y ;’l:g‘p" ": - . Vulcan Detin... 3 E At the meeting of the board of di-| share block at 100%;. The next 100 Chrysler(3).... 98 98% 96 9 Maytag 1st pf(8) 981 b Vuican Detin(A) 5 | rectors of the Washington Gas Light | The shares sold at 10012 and 30 shares then | Cluett-Peab(5). 0% 173 70 Mengel Co. . Wabash. .. 9 Co., Monday, the vacancy caused by | changed, hands at 1004, The trading S‘é‘ififii‘fl&. 4 1;2 159 159 MetroG pt(1.89) s | Waldere(133).") : the recent death of Rawlins Hume, as- 2 ended with 120 shares selling at 100Ys. 561 hit i Uil . Wil e o sistant treasurer, was filled by the elec- Nahonal Mortgage The day's turnover totaled 351 sharer, | GOl Kusl & Iron. 59 G 59 | et Gy Ward Babiee B 5 | tion of A. Gray Dawson, the second as- the heaviest trading in this issue in § 3) 513 105 105 2 3 Warner Plc A. 3 sistant treasurer. Frank R. Holt was o1 G s : ¥ 1 Mid-Continent. . and many weeks. b c::r.a;n%lo[f.,. e TNk A Middle States. .. Warner-Qu(2).. 3 3 : 3% | elected second assistant treasurer, vice Capital Traction came out at 104, | co EAT0an (9l :::: 8% 85k Mid States ctfs. Web & Hell..... 621 62 s2s, | Mr. Dawson promoted. while Washington Gas, the recent|Com Cred 1st€% 881 BRu 88\ SASlent seLITe 2081, | W Penn Bl pf(§) 101% - e Investment market leader, sold to the extent of | (oM (rpECI%). 2 240 Minn & St Louis 1 27 | W Penn ELA(T) 110% DIVIDENDS. only 5 shares at 93%, fractionally above ‘.nmh'w}l:”_‘ 5 o 254 “| Minn StP&SSM. 9 West P I'o(6),. 108 = the close yesterday. Potomac Electric | Gomin ] o A e 3t 1 ton 38 | West DalryA () : Pe. Pav- Hidrs. of Corporahon Power 6 per cent preferred came out | Com Solvenia(s) 146% 153 150% | Mo K&Tex pECT) 101 West Duiry B... 2 W Alompany. | cp Bate: misd | able, . revard at 11175 and 20 shares of Merchants | Gom Powr(13).. 76 5% | Missoutt Pacific 2 S| West Maryland. = P00 ke Auk. 23 Aue. 13 —desires to purchase good | ' Transter & Storage common moved at | “O% i 8% | Missour! Pag pf . West Pacific. .. 291y Alwbania’ & Vick Ky 384 91 Seb e tes ‘securadl by ascomd ] |12 : A Y‘l‘un,'\: '|'mh;n.. MohawkMillsine : 3 West Pacifie pf. 54§ 591, | Bankets Security Traste _ oo 39 Seo L & Another transfer was shares of | CongCgra(14%) 0% 7 Montgmry W (15 § West Unton(s). 142 Ser A 8¢ cum pf 1t; rusts on improved real | cpectnut Farms Dairy preferred at 10« | Consol Crs(1). %0 Moon Motor. ... Westhse A B(x) 43 b LA e estate in the District of | | Only one bank stock appeared on the | Con Film pf(2). 2i% Mother Lo(30c). p " o2 shse(d). 93t 97 4 5 Yl Columbia board, five shares of America y | Consol Gas(5).. 1445 1467 1445 Motor Meter A.. 16 1 Weston Electrie 21y Can Pacific Ry lumbia. & Trust changing hands at 456 ConsolGaspf(h) 99% 993, g Motor Prod 2 2 White Eaxle(2) | colling & Alkinan o Bonds were considerably more active | ConRRCuba pf 6 7o T Motor Whis), ; . White S 3 oliind” s, oy H today. Gas 6s, series B, figured in 2 | Consol Textile.. 2% 2 Mullins Mfg White Rock ( § 3 Con Gas of N Y Prompt Attention to $6.500 turnover at 106, Anacostia & |Container A 1.20 237 Murray Corp.... 51 n . G5t - SRICE L ek e Applications Potomac Railroad 5s brought 9815, Container B §0e. 2% 11% Willys-Ov(1.20) 205 weatiails’ Maaiiciat Pp! $3000 Capital Traction 55 mov Cont Baking A.. 2 2 271 Nash Motrs(16) Willys-Ovd pf 7. 5 9 Galland Mere Laun ety of B at Acme (sta). A no par (In) . 101!, Another $1.000 transfer Cont Baking B % 4 x byl : 11 | Wilson Co pt A, , National Mortgage & place in Washington Railway & Electric [ Cont Can(6)...0 1114 115 1111 115 - | Nap e 642 65 Woolworth.(s) 1864 13 Mooy oG red, i, 10 . | %5 at 923 Cont Insur(6).. 77'a 784 771 N“D.Im““' 4 Worthn Pump.. a9 407 39 | R e Q Aus Investment Corporation Other Financial Notes. S M 1) un ua Nat Distillers... 1 . WortiPump(R) 8 48 48 [ 18 Rax oy n iimiane Q' 88 1004 Vi, Ave. N.W. M. 5833 With employment in Poland now at |Crucible Stl (5), 8 T2 Nat Enamel & S 0% 4 Ml : ik (18 s il | BBk B s 2 the highest figure in several and | Crugible pf(7). . 15 i1 t Pow&Lt(1) w 3 ale&Twne(1b). (5% 65% 65W Do 1% pf current output of raw materials in ex- [ CubaCaneSugar 5 Yellow Truck... 314 31% &8li Kuppen B % 1 Aug Sep D L0000 >>2 e 2 s cess of that for the same period in | Guba Cane Su pf T Nat Supply(16). 9 9 90 Youngstn Shid) sty BNy 8Nly Kvberey & 1927, current economic conditions in | Cuba Company . 25% 2 By les on N. Y. Mai i ol Bl Poland are continuing the progress of | Cuna R R(4.80). 89 at Burey(10). b 2 noon Rem Rand 1st pf 2d ot the first three months of the year, ac- | Cuban Am S(1). 9 | Nat Teac4),.... 2 2704 . ot o Rat Compound e B Tt monthe of the vear ar- | Cubanam (1. 37 18 11 gy |NatTete.l e o ; : o 18700 | B0 ot rdi: ) the omi 0 Cudahy Pkg(4). 2V 2 NO Tex & M(7 3 = Dividend rates as given in the apove tabie | Texas Corp s third quarterly report of Charles Curtins Aero(1). 99% 102% 9 b M(7) 4 are (he annual cash payments based on the | U S Freight our ividaends Dew ne adviser to the Polisii | Cuyamel Fruit.. 50 50 N Y Air Br(3).. 1 \ latest quarieily or ball-vearly decinrations | United oo 5 ernment and member of the council N Y Central(¥). . 162 , pnit ot trading eis ian “Tod ' Shates | Yarns cor of Am, ¢1 1 the Bank of Poland NYCRB 2 ” | * ) | i e s » & SUL(E) | s a tmd (his ' vear exula Sy . i - Monthly at 7%% ! Water Service Co, | Davionria . e (N YCusiLiE! 1 } sl e ealces omin? coie “ TR 65 Slecping Rooms—15 Baths—4 Acres o midiary ‘of Fedeoal Water. Sor otn(E18Y g0 4 4 ¥ Dork i) 3| Sl AT (Y | SHORT-TERM SECURITIES, . ' Sorporation, reports gross revenues ol 24 [NT2 ‘ stoc Plus_10% 1 stock, ® Plus 60 4 v The scientific Doherty Reinvest- | Cubetation. FEONE F70NG 4 iine” 4o, | Dol & Hude).... 1861 192 11 et 0 | B ik, 5 Parih, nage Tikedic || (nearied by . W sesag B o | FISHE house s Suitable for ment Plan enables vou to reinvest | 1928 as compared with 727,176 for the | Pl L& W(1T). - 1800 180 11 “ N:;:I:‘:I:n?l':;:;.“m 4 : ! o | poek: n Puvable 1710 share auarierly in | Alumioum Co, of Amer. 3s 1952 "¥i l00! modern Béarditia Scl each month, with no effort what- preceding 1 months. Operation. %= | Goage tiron pf 1 9% 901, 97 : dodl 3 United Cigar Stores common stock. Plus [‘Aiterican, Rudistor 41,3 1947 ] e e oarding School e 2ol “ pense n nance an xes, othe ome Mines " i1 ‘ Anuconua Copper 64 1939 N e ition 4 4 ever and without the loss of aday | FT{ Y diral income tax, totaled $435.- | pome Minestl). a4 8 00) .. Balt, & Olto 4l 1933 p steanit Bent: elu¢ Sanitarium or an odd cent, the monthly |865, as against $446820.° Gross income | Uil R ERC -8 %, p ey 3 & i o e R L S [ Fricitw Wi rasand Hotel dividends you receive from Cities | amounted to 8329781, which compares |y, o, 43 3681y 3611, o New Bond Issues California Pet’ Corp. 5%, 193 b Rk or Hote! $280,657 for the year ended June g | Oll Well Supply. : . Cinadian Nt Ry: Co 413 1080 8 : is situated in the Seryice Common stock, * This. | Y20 82 Dug LUIst(s).,. 102 102 101% Ol Wei 8 ot Ganadian Nor. Ky 41 T ¢l Norti A s c g 4 0 : S pr. / Tesapeake & ODlo 4113 1930 ortheast section of the city, A nd office room neans that at the present price | The Nunnally Co. has decided to omit | Gastman(18)... 180 184 180 Omnibun, ... .. 109 N aNE | Colmanaathh SWRho T8 1D Bh rooms it !:" ‘Mp 0 the dividend on the common stock due | Katon Axlecz).. 44% 464 &3% 454 | Otis Elev(17). .. 195 2 NEW YORK, August 15—A syndi- | Gidahy Packing Co. 5.8 1937 on a high elevation with4acres mber of vears a fashi of this 17-year-old security you tEie fie. The iast, 1 s o a1t il Otts Baat " cate composed of Chase Securities Cor- | Duauesne Lighting 4'us’ 1967 N are compounding a 7% % return nt was the 25 cents semi-annual | Eiingn pfesls). 1015 101% 101% Owens Hot(c14) poration, J. & W. Seligman and monthly—a short cut to financial | dividend on December 31, 1927 e Auto Le4). B0 Bla 79% tndependence Unusually Large Property in the Navtheast Section D DDELELDORDOLODD. Edison Kl 1. of Host. '4'ss 1930. of ground. In addition to 63 oarding school for Erie"Ruy. co”s B’ 3 r st il e Pacific Coast... 2 p Hayden, Stone & Co., announced the|Gen Peirgleum Corp.. s 1940 . For s . 23 @ F as Pacine Gam(2). . b ' y v Klvi < Ve \ : | ElecPowaLi(1) 30 3 4 offering today of $10,000,000 Brooklyn- | Goodyet i & R 38 VT gog - (30 Si2 | small first payr Forms Holding Company ELUDET) 1074 107 Rasifo RN ) Manhattan ‘Transit Corporation one- [ Guif OIl of Pg 85 1037 pection cordi Mail the coupon NEW YORK. August 15 UP)—Allied | EP&LDI 407 (7) 122% iy et oA . 4 year 6 per cent secured gold notes, Ma- | Mass Gas Co. dlas 1046 % —— —emememememen | Chemical & Dye Corporation has or- | tiec Stor Batib) 6% Pan-Am Petroim turing August 15, 1 The issue is|New York Tel 6s 1941 Henry f/fi)oheny ganized a holding company. Aldyco Cor- lil:l'f!’::l:\m 3 34| Pan-Amer Pet B o| priced at 100 and accrued interest to | RIEKCS,SAGH, He, Gy 2 ' p’"’"“ & Compéany poration, with authorized capital of PanoAm Wo B, vield 6 per cent Shell Union 011 Co 85 1941 Wash. D. ¢ | i 4 » i . 7 principal € ’ t owns, or may acquire. ‘The balance | Frio R R....... ¢ 5 PArk & TH (13) . ston has authorized the Portland & |Swirt' & Co. 8s 1933 s Loans O23New York, Ave. l l odyent T & K58 1957 stocks and bonds of other compantes | Kaiit Bldg ( S b Parmt-Km () v The Interstate Commerce Commis- | g P ' U4t ¢'So Ry, 4 1030 cheet showed the company held Gov- | krie lstpf... b8 BBk Park Utah(80c). 0% | Ogdenbury Rallway to issue $2,119,000 | Union Ol Co. of Calif N Insurance and ernment and other marketable securi- | I5rie 24 pt. 524 Pala BE. .. . Slof 41, per cent frst mortgage gold | Welrermgiin® A'os 1% : . Tes valued at $86,337,748 at the close | B L3 bl - AN ‘ Bonds 'to'be sold &t not lea Lhan 86 per | Wesvionous MO A M ‘5. idis I REALTOR 1237 Wisconsin Ave ot 192 Reports have been current r:nxlmerph’l) 111 111% 111 111% | Patino M(2.92). " 5 8 cent of par and accrued interest, Pro-) Wheeling Steel Corp 3'as 1048, 100 __ of & probable four-for-one split-up of | FedLight(h1.40) 51% 51% B51% 51% " Penlck & Ford.. 28% ceeds are to be used to refund maturing s » common stock and retirement of the!Fed MotT(f80c). 174 174 1714 174 n DIz Cm(2) 18 " bonds. ‘The Maine Central Ratlroad! Base ball is the only thing & woman | ——————————meds i Fidelity-Phoenx 80 80 80 Peon R R (3%4), 834 was authorized to guarantee the issue. ever admits she doesn't understand. Tyear divi ' i | ] 1 | i $a i [}