Evening Star Newspaper, August 21, 1928, Page 10

TINANCIATL, . THE EVENING STAR, WASHLAGWLIUN, D C. TUESDAY, AUGUST 21, 1928 FINANCIAL, —LOANS | SOUTHERNDARIES || NEW YORK STOCK EXCHANGE | STOCK PRICES SOAR Received by Private Wire Direct to The Star Office. <‘ Complete Investment Let us have your applications j for | | LOANS ON REAL || SmBK []H:ER MAI]E‘.. powerct B 55k 00 OB mnginers puns SRR S0 U fous s proreny SR 98 |N BRflAD ADVANBE gae Brokerage Service Abitibi Po p(6) o 89% 89N 8O% Outlet Co(4).... 9% Abrahm& 103% 101% 102 | E . 4 31% [ Owens Bot(ci4) 78% SRR dams Exp (6). 2:1.1'» 305 R 9 % l:g: Puciflo Codst. . . S Kraft-Phenix ~ Cheese Co. AMimisyyi: 2 & o ; h 87| et £ | WG BER—— T il v | Ahumada Lead 3 %y ‘ % | Pacific Light (3) ; i P i Il | Announces Plan for Trad- |ir Reducinc). > i v Pac Ol Stubs. .. A ing Upward Movement. Coby of anr “Forinighily Réview” ercy . hussell Lo. . Aluska Junea. .. 3% | praoltiy-Fhoens 81 Pl Mot o Steel | sh : furnished on vequest 1731 K St. N.W. f ing Issues. Albany Papr(3) S i S LA ; eel Issues Show Gains. \ | Immediate Action Courteous Treatment Our record of 33 years speaks ESTATE ; ilied Chem. . 0% 4 189% | pirat NatS(1%) 40% A2 214 | Pan-Amer Pet B 4 4 o it () R 1o | Bra i 1 exoNaRdly. . I 3 BY GEORGE T. HUGHES. ' G. M.-P. MURPHY & CO. RY EDWARD C. STONE. jinRl Eunther : Fisk 15t pf(7). . | Amerada(2).... Fleise! 72 4 { The long awaited offer for the stock | &m Agricul Chm 197 9 ,L'x",ff‘,',:‘"'{‘:“‘,“ ¢ 4 3 < a5 181 | special Dispateh to The Star Members of New York Stock Erchange of Southern Dairies, Inc., by the Kraft- [ Am Agri Ch pf.. 6t Freeport (16% ). 6 $31 6 NEW YORK, August 21.—Ignoring 3 ’ o1 ) S i ovel ; e b 2 4 | 15 5 o Phenix Cherse C0 Wi “(;m”ml.r‘:?n.;‘.\“ iy " 9 | Gabriet Snun A, Pathe Ex... entirely the credit stringency, stocks | 1508 H Street Connecticut at K trol of the Washington concern throug m Bk N pf(3). 3 r athe Ex . E 2 ik s aw o i 1T purchase of a m Am Beet Suga ‘(‘eni\:n;ll‘.l:ru). 9 9 | Patino M( 4 k § initiated a series of sweeping agvances WASHINGTON, D. C. 1 jority of the stock Am Bosch. P s as v Peerless Motor 5 ! % | in today's market. The gains were not | S| N Cf os 60 61 . ors has been announc- Am Br Sh(j1.60) Gen Cigars(4) 14 | Penick & Kord. . pi 4 confined to a few favorite issues, but | Telephone Main 9600 1 Realt ‘ k| S NW. Main 366 . . Am Brown Bov. Gen Elec(15)... 3 &C. q B q esabbieriie fain 766 Jled in Chic : A DchaBoT GenElec sp(80¢) 111 Feancacoks. .. %' | were sprinkied liberally over the entire | Nowiom Yidad Gen Motors( 7). BN Feun B a) : spicuous than the rails, but the latter B o ot ' Am Brow Bo pf § 59 - 5 e s b et ; Gen GasA (01%) Penn DixCm(2) 154 1 4t 10| jis” The industrials were more con- Gen Mot (7). . L o 3| were well represented. i Am Can(2) fers one share of t - Phenix _ for AmcE ;:rl:r.()” s o7 d 60— | \ Am Chicle(3). 5 By RS 5 y Sig(5).. 9 i . 3 in recent sessions. It was io longer a 5/2/0 an /o class A stock and { AmChic pr pt(7) Gen Ry 8 pI(8). “,’:“:l‘“{' oot 20 A | professional affair. With imagination one share of Kraft- ) Am Drug(80c). . E 2 |Gen Refrac(3).. 4 Phil Morriatl), . stimulated by the diSplay the market R ea l E state || tenix for every s Am Express(6). 9 o1 195 |Gillette Rax(5). 101% 101% PrillipaPet(134) 3 *| had given on the day before in the face | six shar of h Am & For Pow.. 3 ; 3 Gimbel Bros.... 54 Adls it BHGERTxToRIery . | of higher rates for call money, there | puthern s Am&ForP pf(7) Gimbl Br pf(7). 95:/; 981 9 A oiting T4 was a rush to buy from the outside Capital and Surplus, $3,000,000.00 Loans S [ Amsrorrraan it 9314 | Clladen or pE(T) 1000 1007 Plorce-Arrow of & ; fe | f e tor Gold DuSt(8)... 91% 92% § szia | Plerce Ol .. 2! 3 Shorts Driven to Cover. ; B 3% | Goodrich(4) 6% T8Iy el : of se. the technical condition S 4 . . ve vour time and X 3 Am Internati(2) 2 9 3 . 6 ; cour he technical condition . 7 Bave sour it holders . of A LAREAFony (6% 1o 23 | Goodrich pe(7). 112" 112 11y " | EMlisbury (1.60) was serlously impaired by the H “1nancin wiE SOE: i lén | Am Linseed. ... 7 gy, | Goodyear Tire. . b 9 . ¢ 4 i " | proceedings. ~ Shorts were driven to g y energy by coming first . IO Georse 3. Sear. | AT 1000 L8 Goodyr1stpf(7) 981 99 4 99 cover without mercy, and debit balanc i ey ¢ Ex-|Am Mac&Fy(4). 1477 15 s | i) . i 4 2 of the buyers were heavily increased. ' 2 & where vou know the B 3 . | Am Metals(3) Gotham n($3% .. 2 PoraRicoTobA, 68 1218 | A few more sessions of the kind and | a ac > ! ; gh ¢ : AD Planb bf AR Graham-Paige. . ) e & 1 the total of brokers' loans will be back &3 V ation bhey eanthe tanad 1 for {AmP &L .. 8 : Grhm-Paige cts : : bortal TAC DT, where they were when the Federal Re VAT ¥ ey i 1 Jdose at noon on Sep- | Am Po&L pf(€). g Eh i L % SIS i 69 '#1v | serve authorities inaugurated their v . P desint Sanber y St “Mr. | Am Radiator(s) . el ol PO Pr Stl Car 1) campaign to reduce them. 0 : A respite from work, now rompt decisions. i = X i Am Republic. 6 érLNormI;cm ¥ Produ & Refinrs 2 . There were many features. One of | ) 3 and then, is something for i S : | a : Am Saf Ta (44 GuNor pfefs(s) 9T ¢ b9 | bub Serv NJ(2) 6 ? G R i’nlsmlnlc'e”\:";lfim\“nd1’5‘(’)’ | A Lt e | 3¢ which we're all better off, lortgags Loan Departmen S 5 101 Am Ship & Com. i 5 : < pub Sar 6). v carrie g o i v v v R . : E | Am Shipblags) ¢ OrtNorD(134). D { with huge blocks changing hands on o by physically and mentally. SHANNON t is is most importa 25 { Am Smelting(8) 213% 2 R b b e g Puliman Cot4).. 19 the way up. At 150 the stock was only - Tams Ay You can have a vacation : ass of Southern Dairies § | Am Snufr12). . § o B ! Punta Aleg Sug. 31" 31| 4 points under the 1928 top. Steel has | : el B next Summer, by saving for & LUCHS, 1 8 idend return. The letter | xm Stl Fdys(3). 53% 5 52 e in:a"-‘su)' 0Lt 1004 1018 | o'y (50¢). . . |a wonderful trade background at pres- L it in the meantime. We , Inc. : | Am St Fy GUItBia TAlT), 1050 1600 10an 100k | Pure Ol pI(R). . |ent, but a good deal must have been T ST invite deposits In any 1435 K SLN.W. Phone: Main 2345 | rust indenture entered into by | Am S g 0% ). 108% 108% 108% 108% | b oy Bak(3).. 95 9 discounted by the rise so far. Bethle- 4 amount—Pay Same Rate of R— 2 | and officers of _Southern | Am S z §5% 64 641 | HACKNSK W(113) 25 26 26 25 | Purity Ba pf(s). 119 4" 11, | hem Steel, Otis Steel, Republic and . i B Tt o muathandiarge the time the $2,500,000 of { Am Tel & Tel(9) % 176% 18 Hartmn B(1.20). 17% 17% 175 ke " other independents went along more - M nteres all and larg: debent were sold precludes any | Am Tobacco(8). 16 161 Hershey Corp... 51 5114 8§21, | Radio Corp. 8 81 184 | or less. ¥ accounts. possibility of dividend being paid on | Am TobaccoB(8 160t 160% 162% | Hershey pf(4).. 74 7o% 73% 7oy | RadioCopt(zia) 564 aue Montgomery-Ward set a new high for class A stock for a number of years, TypeFo(8). 109 91 109 o ' | Houshold(f4) 691 70 9y, 70 | Reading fi‘dy‘u“v : all time, crossing the 200 mark, which ] . and th rpe pe(7). 9% 10814 Houston Oil. ... 139% 1405 139 ““‘“}'fk-fl‘”” 8 9 | had been set as a goal in speculative ahona avin S rust 0 stock under the pres- | AmWW&EI(el) 5 & 57§ Howe Sound(4). 57% 57% bl 5715 | Real Stik Hos. . 8 8% 4 circles. Sears-Roebuck jumped 4 points - ass B s { t rate . VW 1s e 2 Real Silk pf(7). g 9 1 ent corporate structure of Southern | AmW Wist pf(6) 100 Hud Man(2%).. 59% 587 = N - to 139, the highest for the present » a | Dairics seems to us almost negligible,” | Am Whise p£(7) B 308 Hudson Mot(6). 179 79% * | Reis (R) & Co... :| shares. American Can, at 108, bettered | 62nd The Otdest Savings Institution in the District of Columbia | Mr. Kraft states | Am Woolen. ..., t , | Hupp Mot (£2). 62% 6 Remingtn-Rand o by a fraction the previous best. Postum | The mdenture |\rn\£dcs nxx‘:: | Am Woolen pf 111inots Cen(7). 2 fi:: .. tn . fi;’ as pLushed updzbovc 71 early in Year Cor. 15th and New York Ave. inless Sou 3 airies make a | Am Zinc. ... 2 2’ 2 27% | Indep Oil(1).... iss. - e day, also a record. rofit of $1.200000 per year no divi- | Am Zine p ‘ ] s MO'-\’U&) - e g:}:;’;‘:,‘rf;’;f;; The leader among the ails was Texas | dend can be paid on the class A stock | Anaconda (4). 66 66 | Indian Refining. 3l 2 | B onataonesy.. 4t y & Pacific, which, above 188, was up and such dividends as may be declared | Archer-Dan(3). Indian Refg ctfs 0% 295 sy bty g A5 more_than 5 points on the day. and at | must be made over and above the|Archer Dan rts. 3% | Inland S(k16%). 64 65 6 4% | Royal D(a3.222) 4 . a price never before equaled. Rock | $1.200000 per year. Such an earning | ArmourDel pr(7 ¢ 94% 94% | Inspiration Cop. 21 210 i Island, at 124, duplicated its previous | | nns?blyizt'SI‘l\' (‘O:‘}:hll]nni is very im- | Axll‘l"l,l‘(:'l:ll;. l[l|l|‘(?3)) " 2 9 B :nurqump'r,- 46'% 48% f::‘::“fl”:; 1 h‘ghl_d It wusiplredlcu;.‘d (h!“lh‘l:iflck [Sangl | proba to say e least | Arn B nt S Sank'( 1 i 3 Vi earn 5 a share year an . s R e e rmour 111 pe(7) 8 et T L R T SCL&SK 2d pd (5) Ty ‘97, '571s | that s ncrease of the dividend to 7 \ The SEAL of SAFETY Insurance Convention in Session. Arnold Con & Co 39 9% | Int Bus Ma(5).. 124% 1231, 12315 | Stl&Southwest. 5.4 v ly a matter of time. St SOLID : { . The m‘m\;al (‘cmcngon n!h the r:‘(‘ld .:\rllno[r)n(l‘)). S 3 Int Cement(4).. 647s flLSwnpna) i § 9 s vestern set another new - tional Life Insurance Co. is being hel sso Dry G(2% 9 Int Com Eng(2). 5 Savage Arms(2) 39 high, and so did St. Paul preferred Mortgage /. N B I a) r COMFORT !in this city at the Mayflower Hotel. | AssoOil(2).... Int Harv(j). 2843 282 2821 | Schulte (83%).. 39 6 30 | From time to time other carrier stocks Bonds / A SURETY COMPANY 1t boosts your efficiency when ! The business sessions opened Monday | Atchison(10)... 192 2 1925 | Int Mtch p£3.20 10 Seab Air Line were in demand. e you are comfortable. and your | and will be concluded tomorrow. About | Atl Coast L(10) 5 Int Mer Marine. b5 4 = (‘ l/ 4R 4 \'TEE Ao s g B 300 delegates, representing the com-{ Ati Gulf & WI.. 9 49 |IntMerMarpf. 35% Al p e Utilities Advance. 25 Al pany’s leading agencies all over the | Atl Guif pf(3) 5 Int Nickel (3). 1. 100 areraucizi) 397 136 The utllities. fell in line, American | country, are in attendance | efining(4). 1652 5 62 1621 | Int Paper(240). 69% 6! 5 6 attuck FG(2) Telephone & Telegraph, which, because chi o A . 4 OFFICE Kenneth Mullins of Chicago, presi- | Atlas Tack. .. B e lint Pagargtit). 56 Shetl Uni1.40) . o 3o | of ‘the “wide distribution of shares, al- ~ Behind cach 6157% Insured Mortgage Bond of the FURNITUR dent of National Life, Is, presidicg at | A3araondls. : Int Paper pr7) 99 991 R 8. . | ways attracts attention, was bid up 3| Federal Security and Mortgage Company is the uncon- the main meetings. Mahy important | Aus Cred(4.49). 2! 214 2! 4 n Pap pf cfs(7) 99! 9 mmons Co(3). 617 points. 'ublic Service of New Jersey TR Z i i 2o . Eroup conferences are being held, insur- | Auto Sales. ... Sht RYCMIL AN, 48 Simma Pece.... 0% : Was in urgent demand, adding to its ditional guarantee as to payment of |Zn||c|p|e and in- Shee problemms of national scope. 85 Well | Baito & 0(8). . - o TR in Sales) 56 56 y \; | Sinclatr O11. . 20 large gain of the day before. Consoli- terest by the Equitable Casualty and Surety Company, | as matters of particular interest to this | Bang & Ar(314) 5 Int Tel & Tel(6) 179% 181l Skelly Oil(2 3 dated Gas was higher, and so were the with capital. surplus and reserves of over $3.500,000. rticular company, being thoroughly g & A » Island Creek(4) 49% 49% 3 | So Por Ric S( local tractions. | o A S e et bl L . South Calif E | Money renewed at 7 per cent. and under the supervision of the New York State Insur- | Barker Bros(2). 29 2 Jowel ces 3 3 P e : | “Stany aecgates ave trom poinis on | Birmsdaii s | Sohms-ntame 3 123 e #irs| during the morning was reported in ance Department. ; o the Pacific Coast, Portland, Oreg., being | Barnsdall B. " i £ i 2 12 good supply at that figure. early ain the pocketbook especially well represenied, The West- Biy ik 1sioiin 5 i [ereantiote, 3k 9 [ rut Berm 1 ] Attarnoon the banks called 315,800,000 Secured by mortgages on owner-occupied homes representatives came from Chicago | Beac H ; 2 2y v (8). in loans. Time money was just as tigh e bt it s ety o : | \fi?a special Pullman train. hhu the n::;;’,',"fl‘,';&;:- 6 it "Cffil' xgml,n_, mo SouRYM&OGTS 4 1 2 ‘| as ever. Without nnyhc‘h.}ngvlm quota- in the District of Columbia. deposited with a large ¢ has ever held an | Belding- : ty South, 53 4 5 paulding pf(7) tions borrowers were having increasing ati i = o O e e ot utiide: of (Chicago, ES Ny 1 : KanCSoptid). 675 61 A LA AR I ] Rl sl g National Bank as independent trustee. these bonds are | The officials report steadily expanding | Bethlehem Steel 6 4 Kayser J15) 0% 0% Spicer Mfg..... i % 34 Speculation shifted to the rails in the the direct obligation of the Company. with total | business during the past year. Beth Steel pf(7) i Keith-Albee.... 20% 20% Std Com Tob(3). 3 E afternoon. Southern Pacific was taken resources of over $1.000.000. Maturiti to 10 vears. i C Into Limelight Bloomingdale.. 36% 361 3 Keith-Al pf(7).. 80 80 SUG&E (33%). 6 67 |in large blocks at an advance of 2 = : SRS o 10 years. f] Gov. Seay Comes Into Limelight. | Boomingdale; . d6i; g, Kelly-Spring... 19 19% SWG&EDI4). 67 47 67 |points. Rock Island bettered its fore CAMPBELL Through his recent waming against | lumenthal pf 0 Kels Hayes(2).. 32% 3% 824 St O Cal(2¥).. 57 57% | noon high, putting it to a new top for further expansion of credit, Gov. George | po0 AT A(4)- - A ivinator Corp 9% 9% SONNI (113 ) - 5 45% |all time. Atlantic Coast Line recovered COMPANY J. Seay of the Richmond ‘fl‘edmll_flgifaoam P, : e e UL 2 SUOINY(1.60). : 5 3543 points, New York Central, Baltimore N e S o haas: coms Into the Himelight | Soou Plati Tat. : ( : 3 td Plate Glass. «"onio and awchison ail worked w- | Federal Se d M TN 50 L st Nw, all over the country. The substance of Ssvhey el Kinney pr(s)... 92 2 92 i ward. B e (¢ CUrlty Or tgage . et sen| e any Mi o e s £ 8 . . era1 ‘Reserve banks. in this district 15| Betegs Mtence. : Krafu(glt) 6 . 664 6 . BTh 384 1 trin Het, gaining between 4 and 3 x&s MIgFCo. Kresge(11.60).. 74 2 Stewart-W 3 93 9 “on the other hand Manhattan 15§22 K Street N.W. being printed far bevond the boun-|p 4 : < ints. g e o % 3% | Kresge Dept S.. Strom Car(2 3 | Bectrical Supply took another nose dive. daries of the fifth district area. In| groci - . < ———————————— e e ettt concluding his remarks Gov. Seay said: R’(’&;::’y‘g}l‘f;}) 1 l&rou (SH)(1). IOEK 9 ; Studebaker(5). B i 73 sinking over 6 points as it touched 32 CAp lTAL G s URPLUS OVER. 5750 000 oo “Increases in bank loans have been | Bkiyn-Man(4).. : roger Gro(el). 112ia 113% SunOil(n1).... 9% 49% 49 48 The banks called $15.000,000 MOTe i | e —————————————————————————— caused by loans on securities and real | BklynUnGas(s 2 2 9 Lago Oil... . 31 31 H_llfl‘l'lol" Ol ... 3 3 3 6% |[loans in the afternoon and call money ¥ ) estate. The situation has forced many | BrownShoe(21;) Lambert Co (16) 10715 110 Symington..... 4 |went to .7'. per cont. banks to borrow heavily from the Fed- | Brunswick 1() LesTire& Rub. 19 21 19 S Counee i) ol g , eral Reserve Bank on eligible paper in| Brunswick Ter. 3 .eh Por Cmt 2 v 45 5 xas Corpn(3) . 6: 1 order to avoid a sudden and severe|Bucyrus(1).... 34% LehighVal(3%) 100% 100% + | Texas Guit Sui (s «| POTATO MARKET STEADY. | 3 100.000 f"""fl;“:" of mg“- ‘;"hwh . fi"cyru;cvl'_"/z) " tr:.ns&‘:‘llxnl:‘g)- 3;. ful)f, as & Pac(5). CHICAGO, August 21 (United States | = 2 | panded by loans of a character which | Burns BrosA (8) 2 2 i59)sa 200 4 E 0% | Tex Ld Tr(new) > ;| Department of Agriculture).—Potatoes. | 3 Pec Gent are not eligible for rediscount. 1f the | Burroughs(t4). r Lig& Myrs B 16 88 88l3 Thatcher Mfg. 7 recelpts 90 cars, on track 339; total | F. B. KEECH & COMPANY o er Len esent expanded condition had -been | Butte Cop & Z.. 7% | Lima Locomtve. 40 40 39% | The Fair(2.40). 38 | ciatis thiomants, 411 cari suib: | pre aihat's this et on el brought about b D:‘derl\‘ ‘;mndumd(;(ifiut::&:;lgnl_). g L;S,-.r(%l).(o). 72 2% | Thira Avene, -l | Sies literel; drmnndd “‘,‘,,"‘,;;“‘,' m",:wé . | commercial business it would be a dif- [ Butterick Co... 5 saees n omp J R(3.60) 600 ) steady. Kansas an souri sacke New York Stock Exchan; New York T 51100 000:000 e ferent matter, but such is not the case. | Byer & Co. ... 9 L S0 Tidewater AsOll 22 x| Irish cobblers, U. S. No. 1. generally Whihlagten Stk Rialinee Citags Denrh of Toame e e 0 & Ehrnt e | "“A very marked degree of credit ex-|can Packg(4). s s TN AstvEee) . slightly dirty, spots heated, 60a75; Wis- | Chitage Stk Exehates New Teeh Cotten: Knchanags tional survey. Figures pansion exists and that is still going | Callahan Zinc. . 3 Loose-W 18¢(7). ooy i MR consin-sacked Irish cobblers, U. §. No. | New York Curb Market New Orleans Cotton Exchange 3 on concurrently with a decrease in the | Calumet&Ar(6). ety omh o tmken(15).... 1 1, 1.05a1.10, mostly 1.10; Virginia cloth- | New TOR Colice ant Sugat it g B Mie those clearly prove gold base. The credit structure, there- | Calu & Hecla(2) 2 259 | Louisiana 0. .. v 145 | Tobas Prod A(T) [ o B e il : First Mortgage Notes to fore. is not as strong as it was and it | CanDryG be among the safest of i i e v il e B i i 1 LoulsGasA (1. 6 367 | Transcont Oil ; SO S 1 3 2 y | Can Pacifie(10). 211 s boutess - 1 i ., | all investments for sur- further expansion of credit without|Case Threshg(6) 1 u“\s'l'u 1“‘“';)(1) Trico Prod(2%4) 39 ' § CHICAGO DAIRY MARKET. | 1510 H STREET N.W. WASHINGTON, D. C. Descriptive Circudar Sent on Request Private Wires to Baltimore Chicago Providence plus funds. We special- : - : » i penalty. One of the penalties is a rise | Cent Alloy(2).. " Udwd E1 #(4).. CHICAGO, August 21 (#) —Butter— | i ‘ e e in interest and discount rates. It is|Cerro de Pas(s). 7 . | McAndrews 2.60 g Un Bag&Paper,. 384 8% i Unchanged; receipts, 12,161 tubs. | New York Philadelphia Providence S s 10 g not an artificial situation by any mes Certain-Teed (4) MoCall Corp(3). 2% 4% Union Carb(6).. i’ Fggs—Unchanged; receipts, 10,334 | 52 Broadway The Ritz-Carlton Grosvenor Building erytent. Principel snd it is the natural result of acts which | Certo Corpn(t4) iR Un Ol Cal(2) cases. | et gl o ooyl | have preceded it and led up to it. The | Chandler-Clev.. i, 1ons 1ok 05% | Unton Pac(10).. 193 3 Poultry, alive—Hens, firm: Springs, | Chicage tionally guaranteed. purpose of legal reserve requirements|Chandler-Clpf. 2 Y% IloKo;_lpt InP) 67 67% Unton Tank(5). weak; receipts, 2 cars; fowls, 21a28; $el Rdmmation by is to limit expansion within the bounds gn:notcomouo) ::; u;u}'il;‘(:;} a:‘nj 33: :Jld Biscuit 1.60. Spring: ,s:n‘; broilers, l:xgn_ Spring ducks, 231 So. La Salle St. 4 of safety.” orpn(3). 6 551 66 Ttd Clgar St(1). 26% 5 1, | 17a22; Spring geese, 19. < gty Jf\:&fn. B kil KO OcTDnR). A Mad Sq Gar . "2 24 UL Dyawood. . - 1 5 1| b . ashington Gas Stronger lay. 1& Alton pf, 1 - . 50% Utd Dyew pf(7) 7 ] Washington Gas Light Stock showed | Chl & East 1li pf 62y Mailison & Co... 21 21ia 1% ) Utd Fruit(1b%) 4 SHORT-TERM SECURITIES. i more strength on the local Stock Ex-|Chl Great West, o | LRRISIIN).... 82 3% 42 | U S Distributing 7 (Reported by J. & W Seligman & Co) E"INVESTME"T change in today's trading. The stock |Chi Gt Westpt. 29% 2 MR s, S Wk M 38 | DaAlseel(s), " 114 3 A G A s T | Boston New York Richmond Co (| |openea at 93% for a 10-share lot. The | Chi Mil & StP.. 3 o e O 24%% 12403 1244 | Ammerioan Radintor 31z 1947 4 Philadelphia 3 . next sale of 10 shares registered 94 :':l:{hl&stl’-‘ pf 5ls F unnatht‘(‘zl)“) f 5 50 | Amer. el & Tel. o, 40 1929 while, another 10 shares closed the mar- [ Chi & Nwn(4).. 2 2 s 4| US Leather A.. b 3 2 Dsccads Qrpuer S8 R8¢ . Telephone Main 245-6 “ " ket at 945, up 7, of a point from yes- | Chl RI&Pac(6). 12: | o OlL 16 US Realty(4).. 5 8 | Baties W QR0 S8 1082 iauy: 17 -4 i Calle “ensios | terday’s close Chickasha (3). arisnd Oll.... 3%%: 3% s TP T T Bell Tel. of Canada 85 1956 51 . - 40). Mar-Rock 12% .. b68% b58% California Pet Corp. 5'.s 1938 Capital Traction came out today at| Martnores il of. Collrornia Pey. Sor 17 04, the same as yesterday, the turn-|Chile Co(2%). ok ARl 18% 1 S Smelt (3%). eI o e 4 ver being very light. A single share | Chrysler(3).... 9 9 9 e D'."'";‘: . , 38% | U8 Sm pf(335). & 5 s & ohio Railway & Electric preferred register- | CIty St B 6% stk Meviag 18) A U S Steel(7). ... 3 & Elec ed 99, and 20 more shares of the same | Cluett-Peab(5). 73 4 U 8 Steel pf(7). Duauesne tine 4128 1 Id at 9% ! L 967 Cluett-Pea pf(7) 12 0% 12 . Maytag 1st pf(6) A Univ Pipe & Rad 19 9 4 Edison El 11 of Bost "4'4s 1930, In the miseellancous list Mergenthaler | Collins & Aikmn 551 5 20 294 204 29X | yo) PaL Aced). [ Eela Rwe, o, Ts 1800, o 0 1 1BW y . OR " Linotype sold at 100%, Sanitary Gro- Gor& aienci). o 9% 93% | M . S . A Gen w"u.%i‘u;;"‘:w:&'P;"_[mo t : : MORTGAGES ery preferred at 129 an ward & | & . i 621 9 g3 M oo T i 2 Goodyear 35 195 1 . '11:1):1’:»1’:1’;:'??!-;:(—(11 at 110 0"1":\» bond | Col Gas & El(6) 9 Mid-Continent. . 2 % 28% | Vick Chem(4).. 6 3 68ty | Grand Trunk of Can_6s 1938 division was negleeted, Capital Traction | ol Carbon(4)... e 4 Vistor Talkg(4) n 9913 9% O N i 5c moving at 101%, and Washington | Gom Cred(1)... 3 3 3 E Midlan 35 o {ctor Tal pf(8) 2004 | Mass. _Gas Co 94 3 ! Gas 65, Beries t 105 “om Ci 18t 6% and pf(t1z) Vietor pr pf(7 New York Tel 6s 1941 1 Gas 05, Wotien' B, Al 108. Cominvar(s.80) Minn & St Louis 2 2 Garocnemr, 14 A% 1 fron Short Line 4 194 R » DEPENDABLE Gleaned in Financial District. - kit R ! ' | Minn StPESSM. Va-Car Ch pf(3) 50 5 1l i i1 Co, 8% 19 28 President E. J ’?f"',i;”“""k of v;u- Com Powr(13).. 82 ) s :3'&25‘1-‘&",‘:‘(13 p :,wl udo‘I)JL'u..u R R 4 98% O INCOME Uni Trust Co. wil » back at the | C [ o) b ulean Detin EU 6 firat of nest week. The #l-| conbarar ool Missouri Pacifia b I8 Co. Bs 1932 9%, o i 5 CongCgra(t4%) Wabash. .. i wift & Co. Bs 1982 ..o io0y S0t I'his is the assurance that at- 935 1 orat 50 o y o P Misso 4 s erations are now so nearly completed | COTECEES(T4%) I ey RS 0 | Waldorf(1%)".. T | G8" dmertine Co. Stia Banlung SCI‘VICC | that he will hardly know urround- | Cop Iflm pf2). 26% 26% 251, 26 | MontgmryW (16 2 2 Walworth(1.20) B o | Western Blectric Co, o5 1044, ¢ 103 ° ~ tends vour investment in our | 7 Tix 1048 100 3 B Consol Gas(b).. Moon Motor. . .. e AL, 98 3 ! | Wheeling Sicel Corp 5 . At Parris & Co. has returned | ConRRCuba pt 6 Mbtor Atatbe k. 5 Warner Plc A. Bl i ! F | 6%, FIRST MORTGAGES e E. Thompson, senior PArtner | GonsolGuspf(s) 99 991 Mother Lo(30¢). ¢ 4 o4 WETE NERINR R ) L gt - trip to the Pacific. It was the | Gongol Textile. . 2 Motor Prod (2). 1: 2 s 123, | RmE-Quis. il TREASURY CERTIFICATES. n in years. | Gontainer A 1.20 y ? i Warren Bros(4) 160 UrPhY | Gontainer s §00. ::m;:l’:lft‘z) 4 , 4% | Warren F&Pipe. 16 Bs 164 (Reported by J. & W Seligman & Co» || let vour investment be Every kG oy N-""'Xlll':b Cont Buking A.. ! 3 3 Munsingwr(3).. " B v“”""" :f:vf'?fl) 19 3 c. 18, 19 28 132 o / ik stnall 1 : o | tiv sk 16| Murray Carp, L Wu:.i;‘llly?l‘lv)b e 3 3 - N33 08 . b ‘-l ! “- DIVSIRR: 395 “.I” B l( Offi George E. Fleming, vice president of > a0 [0 A :::"Au‘“""'_‘,’ 4 West Dairy B... 27\ 270 | 3 5. 4 9 | recetve twice a year your in nion Trust Co., is planning a trip % 4 5, | Nat Acine West Maryland. Bl \ 9 o af inte SR an mg ce surope, starting early in September. | Cant Mont (80c) 13 24 t‘:‘::l“;llll:(.fl%) B o West Pacifio pf. 53 9 i come : m» mterest - amounts Robert Jones, floor manager of | CornkxBank(20) 674 2 o 40 .. West Unlon(3) - { sxactly accor 3 * _ 2 Murphy 4 Co.'s downtown office, 18 the | Corn Pro(134 ). 4, | Nat Cash 1A} ; ! DIVIDENDS. o exactly in accord “"!‘ yuut Commerci napplest broker in the city. 1Us a girl. | Coty Ine(g5). 9 N:g&';l’s‘(':;; s ng! 9 | A v Aoy expectation. And you'll haye Treasury Bond Purchases Slow. . 9 1 r Company Rate riod. able e o : Savings Purchase ot third Liberty bonds under | CubaCaneSugar v y 2444 | D Pon R 40'%0 @ Bep 13 | Witheut AR l»(‘l\ne!\ bl Pbe Treasury offer have been rather s ! ADe Bu pf | 1 1 1 :n;owamu) 6% | White Motora(1 6 oo I c R concerning the safety of The purchases were at par and 1-32 at Radiater.... - White Rock(2). § lorsheim Bhoe Co o | 1088 oV OT ag PR Real Bstat il August 15 and at par and accrued | St . 1% X Nat Ry Mex id. 0| Whltenee Mach . . all o B A @ | every investment or certainty cal Lstate terest until September 1 huy:l{m be- | ¢ 1 4 :n:uwvm:. ; %% | White SM pf(4) Jovest, Trust of N of mterest. 2 - done through Federal Reserve Fiam (84 at Surety . 2 Willys-Ov(1.20) ay Hos s pr. 0 Foreign Exchange ks, The Treasury belicves that the | Gutir-Fam ) 8 % | NatTea($)..... 21 13 Wilson & Co. ... N n Detroit) 3% Q Bep. 13 4 : . Sate Divos small holders of the bonds remain un- . Ay, ; Nevada C(1%). u 4 Wilson Copf A. s 2 Phillips Pete 3ihac Available in Amounts Date Deposit aware of opportunity to sell their hold- | Davison Chem . 3 | N Y Atr Br(d).. 42 245 | Wilson & Co pf. 69% Rolland Paper Lid »f, f $250 The amount of the bonds pur-|Debenhms(2.18) 42 4 2 N ¥ Central(8). Woolworth(6).. 1bd's : il oo o . of § and Upward Cent (r18).. Worthn Pump. . 0y ~ e Dcparxmtms { hased before the expiration of the | Deere&Co pf(7) ) 4 . P ; offer will piay considerable part in de- | Del & Hud(9).. & BtL(6). 12 Wright Aero() 160 161% 16 o | United Cizar Stores NY NY 0 Q Sep - termining the amou Treasury | Del L 1. AINY . s 29| Westinghouse Al B 30c Q Oct. 31 p . | EZRO RS T COMIART = | 4 Detroft £d(8) 200% 2 :Yy:::.::\;:(:,p( 9 [ ung T, 4 900 B0l FOREIGN EXCHANGE. | 3 5 l I g 5 15th St. N.W i Commodity Prices Gain. DevoskH C1A 13 51 Quotations furnighed oy W B H) Prices of commodities during the | Hiamond M(19) o 1667 N Y Btm ptA(7) 11¢ 8 11 am, 770,600 | s & Ce.) . 15th and Penna. Ave week ended August 18 m-m-d‘..-d seven- | Dodke Bros A R VT T Norfolk South., F Lpm.. 1866900 2 p | sl enld, Seliing Sheeks Main 2100 of 1 per cent, according to the | Dodge Bros pt 7 Y 100 Norf & Wn(110) Y 4.8 Five Banking Offices » price index of the National| Dome Mines(1). A% NorAm b10% ath R s Ted ae "t | Mogtees: Assoctation. This 18 & vever- | prug Inc(4).... ¢ 994 981, | NorAm £d pe(7) atent quarterly or hall-veatly declarations < SALR B PRE e “Unlt "o : 2 THERE IS . FOR SAFETY ; Capital, $3,400,000 {sal of form from the decline of the | Dupont(113.50) 3 376 3 3 North Pas (6).. i 9 it 1 Partly rx’:r 4 tock. 't P 4 ia I preferred slock " 1 by ) London. pound | Montreal, dollar . 2 | previous five wee Of the 14 groups, | Hurham Hos 1% Nor Pac efs(b Rt Surplus, $3.400,000 8 showed advances, 1 & decline and 5| Baton Axle(2).. e Norwalk Tire Fi Siinien: Tang. remained unchanged. The largest ad- | gigenlohr&Bro, 164 Omnibus. ouvvee 10% - el uA WASHINGTON'S LARGES] nces were 18 per cent in coreals, | Gleo Auto L(4). BN OppmColiina(ts) o ""‘r‘“x sohiing 112 eds and livestock, 1.3 per cent in the | gKlectrie Boat. .. 10 epheum pt(¥) n K b artly F255, - 2 TRUST COMPANY fue) group, 12 per cent in fats, Nve- | GleoPowaLt(1). A#% A7Th 36% 474 ' Otis Blev(17) 201 & ;"u- {710, Mhare ' ousttariy o’ it w : d * Lenths per cent in foods and fve-tenthis | Giee Stor Bat(b) AI% TV Otis Bley pe(8). 1264 1264 {ifitia Sluarlores’ common wock. & Pk | Q0L SO g Xpeflen(.‘e vertisersrrerer I nedtar per cent in textiles End John(b)... 1% 7% U 280 e A Desetn