Evening Star Newspaper, September 12, 1928, Page 15

FPINANCIAE, LOANS Let us have your applications for ‘LOANS ON REAL ESTATE Immediate Act Courteous Treatment Our record of 35 years speaks for itself. Percy H. Russell Co. 1731 K St. N.W. r B8 | l ‘\ THE EVENING STAR. WASHINGTON, D.. C SPECULATIVE BOND MARKET 1S STRONG Trading Influenced by Activ-T ity in Stocks—Anacon- da Copper Active. FIRST & SECOND TRUST MONEY Complete Financing —of both FIRST and SECOND trusts on - —HOMES —APARTMENTS —BUSINESS PROPERTY No Appraisal F Prompt Service Real Estate Mortgage & Guaranty Corporation Main 1403 26 Jackson Place First Mortgage Loans Lowest Rates of Interest and Commission ‘Thomas J. Fisher & Company, Inc. BY CHARLES F. SPEARE. Special Dispatch to The Star. | { NEW YORK, September 12.—Large | | operations took place again today in | | speculative and semi-speculative bonds. These were influenced chiefly by the | movements in stocks and by the cur- | rent craze for “equities.” In the rest | of the list there was irregularity and a | moderate volume of trading. | _ The day’s feature was Anaconda Cop- per 7s. These bonds had an early ad- vance of 2 points, with a heavy turn- over. Eonds sold for five and seven | day deliveries were quoted 2 points | | under regular sales, reflecting the oper- ations for short account based on the prospect of the convertible price for | the stock being raised very quickly with | | the completion of the conversion proc- ess at the present limit. It is ex- pected that the next statement of the trustees will show that $20,000,000 of | the total authorized issue of $50,000,000 has been converted into stocks. Andes Copper 7s were up 2 points, | but Anglo-Chilean Nitrate 7s moved against the trend in the mining con- vertible bonds and sold under par. Pub- lic Service of New Jersey 45s had an early rise of 1!2 points, but by noon had lost all of this. Barnsdall 6s were 12 higher and Pathe 7s a full point. There was some weakness in the local tractions, especially in New York Railway mortgage 6s, which lost a | U s. US 45 1944, US4kss2. Argentine 5 Argenuine 63 Ju 59. Argentine 6s Octs9 10 Argentine 6s A Argentine 6s B Australia 4%s 566.. Australia 5s 1955. . Australia 55 1957.. Bank ofChile 6%s. Covww o BONDS e ] Received by Private Wire Direct to The Star Office UNITED STATES. (Sales are tn $1.000.) Sale: Lib1stdls Lib 3d 4%s. Lib 4th 4%;s U 47, 11 1056 1065 FOREIGN. Sales. High. .1 9l% 5 Low. 9l% 99% 99%s 99% 99% 3 100 99% Boiivia 8s. . Bordeaux 6s. Brazil 6%s 192 Brazil 645 1927. Brazi) 7s. Brazil 8s. Bremen State 7 Canada 58 1952. . Canada 5% 1929 Chile 7s 1943. Colombia 6 5 Con Pow Japan 7s. Copenhagen 43 '53 Copenhagen bs ct. . Czecho 85 1951. Danish Munic 8s A. Danish Munic §s B. Denmark 6s DI 15%s Mch 53.. Dutch East 1 6s47. Dutch East 1 6s62. Finlana 5%s. Finland 7s. . Framerican 7%s. 6. 100 1051 2 101 104% % 100% 1014 924 938 89% 96% 109 111 110% 104% 103 108% 103% 9% 1007 106 6 5 11111 11110 11110 Close. 9Lk 9913 99% 995, 9814 100% 105% 1077 105% 115 111 105% 100t RAILRO2D. Sales. High Atchison gen 4s... 21 ¢ AtlanticC L.ct 4s.. 1 Atlan C L 4735 64. Low. 991y 99% 102% 102 102% 2 101% Orf imp 6s. 1087 108 & O PLEWY 4s.. ' B & OSW 63 50. Brooklyn Elec 6 Brooklyn Elev 61, Bklyn Manhat 6s.. Can Nat 4165 54. Can Nat 445567, .. Can Nor 4%s 1935, Canad North 612s.. 11 116 Canad Pac deb 4s..101 61k Can Pac 4%s46... 8 99% Car Clinch&0 65 52 3 108% Centialof Ga 5%s. 4 105 Centrul of Ga 6s... 10 100% 100% Central Pacific 4s. Ciresa Corp 5s w 1. Ches& O cv ks, . Chi B&Q gen 4s 53. {CB& Q1 diy 1s CBXQ4%STIB Chi&S t1l £ 65 51. L Chi Gt West 43 69. 94% 948 981 94 94% 9T 98 5 4 9TH 1167 86 99% 108% 99% 108% 105 948 98ty & 5503291 IChI NW 4152037, 6 Ch1& NW 7s Chi Rys 5s.. 5 Chi R1&Pgn4s.. Chi R 1 & Pref4s.. CRI1Paceteswi, Chi T H inc 6s 60.. Chi Un Sta 43s. .. Chi & W Ind cn 4s. CCC& St LisD... Clev Term 5%s. Cuba Nor 5%s cts. Del & Hud 1st rf 4s Den & Rio G cn 4s. D Rio G West 5. Krie Gen 4s. Erie conv 4s A Iirie conv 4s B 91% 91t 91 9134 80t * |lower when the full effects of one of . |come fully felt. VEGETABLE SUPPLY 1S INCREASED HERE iLarge Apple Receipts Are Expected Soon; Canta- loupes Still Plentiful. If it were not for the expo.t market apples could be obtained here at any price, it was stated today by one of the leading wholesale dealers. The very { finest fruit is now available at from $1 to $1.75 a bushel, he pointed out, with a possibility that the price may be even the heaviest apple crops on record be- It is expected that more apples will be exported this year than at any time in the history of the industry. The fruit is of an exceptional quality. | Peaches offered on the local market | are considerably higher than previously. This is due to the fact the Virginia. | West Virginia and Maryland crops are practically exhausted, whereas the New York crop is not yet ready for the mar- ket. Peaches were being quoted to- day at from $2.50 to $2.75 a bushel for firm fruit. . Vegetables of all kinds, with the ex- ception of string beans, lima beans and various varieties of squash, are plenti~ ful and cheap. The string bean crop was practically obliterated by the bean beetle and the wet weather spoiled the local lima bean and squash crop. Cantalopes are still plentiful and are selling at from 90 cents to $1.50 a crate. The quality is good. Grapes are selling at from 50 cents to 60 cents a basket. Meat, butter and egg prices . WEDNESDAY, SEPTEMBER 12, | booked at prices $2 a ton below the 5533 on fourth quarter delivery. 1928.° Commodity News Oil. GUTHRIE, Okla, September 12.— McCully No. 1, known as the wonder well of the Midcontinent field, may set a world’s production record. Coming in with 2,800 barrels 14 months ago, it has made an average of 2,300 barrels a day with the tools in the well. When these were removed last week produc- tion mounted to 2,600 barrels. Wool. HELENA, Mont.—Montana this year has shown the largest wool clip since 1915, and with 25,370,000 pounds re- tains third place in wool production among the States, Texas holding first place with 35,591,000 pounds,” and Wyoming second place with 26,550,000 pounds, according to the current issue of the Agricultural Analyst. Montana’s 1928 clip represents a gain of 58.5 per cent compared with 1920. Airplane Equipment. POTTSTOWN, Pa.—An order for 600 six-cylinder radial type airplane engines complete has just been received by the here. The plant has been practically closed down for eight months and the new order will keep it running for a year and a half. Steel. YOUNGSTOWN, Ohio.—Steel prices are somewhat lower in this district. Considerable sheet business is being nominal fourth quarter market. Sheet bars are moving at $32 for third quarter, while makers are adhering to CHICAGO LIV;E STOCK MARKET CHICAGO, September 12 (4#) (United States Department of Agriculture).— Hogs — Receipts, 12,000 head; market mostly 10a15 higher than Tuesday's average; spots showing more advance on packing sows; top, 13.40 paid for Light Manufacturing & Foundry Co.|* FINANCIAL. WARNER BROS. BUY STANLEY CO. INTERESTS By the Associated Press. NEW YORK, September 1> —Warner Brothers. Pictures has acquired control of the Stanley Co. of America through stock purchased, it was announced to- day. An offering to the minority stock- holders will be made on the same basis for which control was acquired. Details will be announced later. PHILADELPHIA, September 12 (#).— The Stanley Co. of America, control of which has been acquired by Warner Brothers Pictures, is largely a Phila- delphia enterprise. A representative of the company said today that it owns or is interested in 260 motion pictures and Vaudeville theaters. Of these about 50 are in Philadelphia. The others are scattered through Pennsylvania, south- ern New Jersey, New York City and State, Delaware, Maryland and the Dis- trict of Columbia. NEW YORK PRODUCE. NEW YORK, September 12 (Spe- clal).—Upstate New York very finest Big Boston lettuce commanded 1.75a 2.00 per crate. Most of the sales, how- ever, were made at 1.00a1.50. Pickles wholesaled at 2.50a3.00 a bushel basket. Dills realized 2.25a2.50 for the best and 1.25a1.50 on the poor. Cucumbers ranged from 75 to 1.50. Sales of Orange County, Long Island, yellow onions were reported 3.25a3.50 per 100-pound sacks. Hudson Valley black grapes sold in 12-quart climax baskets at 50a75. Offerings from Delaware sold at 40a60. Most sales of Bartletts and Clapps, favorite pears, were made at 2.00a2.25 per busnel basket. Seckles brought from 2.00 to 2.75. Bushel baskets of green, sound string flat, 2.50a3.75; wax, 1.00a4.0f T cranberry, 2.00a3.00; limas, 4.00a5.00. e DIVIDENDS. beans jobbed out at 2.0083.25; green | ed COTTON IS STEADY. Market Reacts Somewhat to Con- tinued Southern Selling. NEW YORK, September 12 (#).- The cotton market was less active te- day, but had rather a steadier under- tone, although advances met continucd Southern or local selling and were not fully maintained. Showing net gain3 of 10 to 16 points in early trading, prices reacted to about yesterday's clos- ing quotations, with the midaiternoon market quiet and no better than steady at net gains of 3 or 4 points. gt WHEAT PRICES DROP. Market Reacts to Reports on Ca- % nadian Crop. CHICAGO, September 12 (#).—Wheat went down today to within Jg of the lowest. price which the December de- livery here has reached yet this season. ‘The ‘setback resulted chiefly from Ca- nadian government figures, showing the largest crop on record, sufficient to al- low 2,000,000 bushels export every day in the year from North America as a whole. ~ However, ‘the failure of the market to break more severely than it did led to rallies toward the last, and so, likewise, did reports that Russia would be forced to buy foodstuffs on ac- count of near famine in the Ukraine. Wheat closed mrvugus%nt '&1; same as terday’s finish , coin T T Vs decline to 173 advance, and provisions remained unchanged today. Today's Wholesale Prices. Butter—One-pound prints, 50a51; tub, | 19a50; store packed, 30a32 Eggs—Fresh, selected, 38a40; nery, 42a44; current receipts, storage, 35a36. Poultry, alve—Turkeys, fowls, - |1arge, 28; Spring chickens, large, 34a3: * | medium, 33a34; small, 32a33; Leghorn: 30; roosters, 18a19; keats, young, 50a6! .lold, 30. Dressed—Turkeys, 40a42; fowls, large, 32a33; small, 28a30; Spring French 7s.. French 74s German 7s. Ger Am Bank 7s. Greek 7s. point. Cuba Cane Sugar 8s were off | I nearly a point and U. S. Rubber 5s | i half. " Lorfllard 5s showed some recov- | ery after selling below 90, with Lig- gett & Mevyer 5s down to par. | * The announcement that the Treausry {412 per cent nctes had been oversub- | | seribed did not prevent declines in_the Government list except for the Lib- lerty 31y, which rallied moderately | after touching a new low for the year | vesterday. There were opposite move- ments in best grade of mortgages. | Atchison first 4s were off 3, while Du- | choice 185-215-pound weights; butch- ers, medium”to choice 250350 pounds, 12.30a13.10: 200-250 pounds, 12.4ca | 13.40; 10-200 pounds, 11.85a13.40: 130~ 160 pounds, 11.50a13.25; packing sows, | 11.15212.10; pigs, medium to choice 90- | 130 pounds, 1.25a12.25. Cattle—Receipts, 11,000 head: calves, 3,000; choice steers and yearlings active; | strong top-weighty steers, 18.35; in- between grades draggy: fat she stock, bulls, vealers, stockers and feeders strong; slaughter classes, steers, good Erie evt 55 67 W Gr Trunk stdb 6s, . | Grand Trunk ¥ Gt Nor 4%s 76 D. . Grt Northn 4'3s E. eat North 5%s. eat Nor gzen 7: 21 Ry 58 Hud & Man a) 6s. . Hud & Ma HiCent 4%866.... int Rapid Tran 58, Int Rap Tr 5s stpd. Pe- Pay- Hdrs. of |3 : Rate. riod. able. . M o Acme Steel .. -..31.25 Q Oct. 5 Aluminum Co 'of ‘ADE31.75 @ o < 13 10615 100 106% 100 RELN 991 1011 ' 106% 13 1061 113 Wholesale Drug Merger. BALTIMORE, September 12 (Spe- cial).—Fifteen wholesale drug firms in various parts of the United States will be consolidated under the name of 4 | McKesson & Robbins, Inc., which has . 14 | just been chartered under the State - 14 [laws of Maryland, including the Con- - 20 | necticut manufacturing firm of that On Improved Property in Maryland and District of Columbia hen- 35a36; | < Italy 7 30; Italian Pub S 7s Japanese 4s. . Japanese 6%8. Lyon 6s, 1347 Q Oct. 147% Q Oct. Do 1st pt E Canadian Lo, 6% Interest { No Commission Charges EAVER BRO! REALTORS 809 15th Street N.W. Main 9486 Mortgage Loan Correspondent Metropolitan Life Insurance Company | | Investment ;\ Suggestions Each month The Equitable pre- pares a list of bond suggestions suitable for business and per- sonal investment needs. This monthly publication sup- plements a Bond List with several features devoted to the interests of Bond buyers. | Send for a copy THE EQUITABLE SECURITIES COMPANY INC A subsidiary of The Equitable Trust Company of New York 917 Fifteenth Street, N. W. 'WASHINGTON, D. C. ERLIN ALLTREADS LEHMAN’S TIRE SHOP | 12th & KNW. Jainge, | Main 14 UNLIMITED FUNDS FOR LOANS || On Improved Real Estate Ins Nearby Maryland, Virginia and the District of Columbia | For Periods of 3,5 or 10 Years Low Interest Rates and Charges SSTGPH POSTNELPS 1417 K St. Main 9300 Loan Correspondent John Hancock Mutual Life Insurance Co. | | | | | | | | | | Over a Third of a Century’s Ezperience Holding Old Tenants —is just as important as attracting new ones. Noth- ing keeps tenants so well satisfied as does efficient management. With this in mind, we urge your use of our long-experienced and successful service. SAUL CO. 925 15th St. B b Mergenthaler Linotype—10 at 100%;, 10 Capital Traction Co.—2 at 109. Riggs Nat'l Bank—1 at 526. Com'l Nat'l Co. pfd—2 at 105. Money—Call loans, 5% and 6%. | National Capital Bank. a ; | Union Tru: | quesne Light 4!>s were up nearly as| much and about 4 points above their low of the Summer. approximately $20,000,000. Among the nearby offerings are $22,500,000 of the of Bolivia 7s and a moderate-sized is- sue of City of Lima, Peru, 6l;s, and several public utility offerings. Washington Stock Exchange SALES. Wash. Gas 6s A—$1,500 at 104,. 10274, $1,000 at 10234, $2,000 at 102%;. Capital Traction Co.—5 at 1081; Marseille 6s. Mexico 4s 10 asntd. 1 Milan 63%s.. The day’s new issues amounted to | Netheriandsés5s.. Netheriands 6s New So Wales 57s. | Rochester Central Power Corporation | New S0 Wales 68s. | debenture 5s, $20,000,000 Government 6 1011s 2 104 17 au Nord 6%, Norway Norway 5%s. Norway 6s 1943 Norway 6%s 1952 Orient Dev deb 6s Paris-Ly-Med 6 Paris-Ly-Med 7 Peru6s 67 wit Peru 7s. | Wardman Park Hotel 5!2s—$2,000 at| Peru? 9215 | 1014 1041 | 94 | 943, 1021 97 4 100% 1024 103 99% . 994 104 90t 1025 5% 105% Poland 6s 40 Poland 7s (rets)... Chestnut Farms Dairy pfd.—5 at 107, | Poland 8s.. 10 at 107, 40 at 107. Pot. Elec. 6% pfd.—5 at 11215, Wash. Gas Lt.—5 at 98, 10 at 9814, Barber & Ross com.—25 at 25. Com’l Nat'l Co. pfd.—1 at'104. AFTER CALL. Cenital Traction 55—$500 at 101. Pot. Elec. cons. 55—$4,000 at 102. Wash. Gas 55—$500 at 103%;. Ser W:lz.;gwm Park Hotel 5)25—$1,000 at|g; Y2 Wash. Gas 6s A—$400 at 1031;. Nosr.fglk & Wash. Steamboat Co.—5 at at 100, 10 at 100%, 10 at 100% 10 at 100%5. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Telga. 4 Amer. Tel. & Telga. 4'5% Am. Tel. & Tel. ctl tr. 3 Anacostia & Pot. K. K. 85 Anacostia & Pot. guar. Ss. C. & P. Telepho: C. & P. Tel. of Va. 5s. Gapltal Tractlon . R.'5: e i04i4 i0g 102} Ajax Rubber 8s.... 13 104% AmA Am Smit & R 1st 58 Am Smelt & R 6s.. * Am Sugar Ref 6s. AmT & Tcltrds.. \Queensland 7s Rio de Janeiro 63%s Riode Jan 88 1945, Rio Gr Do Sul §s. Rome 6% Sao Paulo 8s 1936 Sao Paulo 1950. Saxon (PW) 7s. Seine 7s 42 hinyet. Sotssons 6: Sweden 6%s Sweden 6s. . Swiss 514 1946 Toho EI Pow 7; ‘Tokio 5%s 1961 Utd Kingm 5%s 2 UtdKingdm 54%3837 16 104% Yokohama s wi.. 104 98% 907% 118% 104 9 964 95% MISCELLANEOUS. 103% 105 100% 1074 1035 IChem 7%s. 3 105% 101% 107% Am Tel & Tel 5%s. Am Water Wks 6s. Am Writ Paper 6s. Anacor Anaconda cv db Andes Copper 7s. . Armour&Co4 %39 25 Armour Del 5% E Assoclated Of1 68 Atlantic Refin 6s. .. Barnsdall 6s 1940.. 1 Bell Tel Pa 53 B Bell Tel Pa isC. Bethlehm Stl pm is Beth Steel 5135 53, Bethlehem Steel 6s 18 Certain-Td5 % srets Chile Copper bs. . Col Gas&El deb 5s. Ccn Coal Md 1st bs. 9 4 4 40 21, | Con Gas N ¥ 5%4s. PUBLIC UTILITY. American Tel. & Tele Capital Traction .. Washington Gas . Norfolk & Wash. 8k Potomac Elec. 67 i Potomac Elec. 5%2% pid.. Wash. Rwy. & Elec. com. Wash. Rwy. & Elec. pfd. . NATIONAL BANK. 093y 987 iod Columbi; Commerciai trict .. Farmers & Mechia) Federal-American Liberty Lincoln TRUST COMPANY. American Security & Trust Co, Continental Trust. erchants’ Ban| National Savings st Washington Loan & Trust.. i SAVINGS BANK. Bank of Bethesda.. Commerce & Savings East Washington. .. | Potomac _ .. FIRE INSURANCE. American ., Corcoran Firemen's . Natioral Union. | TITLE INSURANCE. Columbia Title. . %cfll Esm] . it Wid. | Title '& Tov. Co. o | Wesh Scony: Fucbla MISCELLANEOUS. Barber & Ross, Inc., com Chevy Chiase Dairy bld . Chestnut iy 5 Chestnut 'ms Dal Comm%eul Nat'l Co. pfd. D. C Paper % ple .o District Nat'l Securities pfd. Col. Sand & Gravel pfd. Federal Storage pfd. ederal-American Co. com | Federal-American ofd. f orc] s Mergenthaler Linotype. Nat'l Mtge & Inv. pfd.. Peoples Druz Stores pfd. Security Storage Sanitary Grocery Go. pfd | Te: "Ref Corp. | Wash. Conv. Hall ofd.. Wash' Mech Mtge. com.’ Wasih Medical Bldg. Cor | Woodward & Lothrop pfd. | " *Ex-dividend. b t25¢ extra SECIR85.888 | SOUTHERN PINE EXPORTS. ‘The southern pine export trade was reported today by the artment of Commerce to be “in its position in | years.” % The 1927 shipments abroad wera | about 25 per cent greater than those ol 11926 and seven-eighths of that gain | has been maintained to date in this year. SILVER QUOTATIONS. Main 2100 NEW YORK. September 12 (4. silver, 57%. Mexican dollars, 43%. Bar Consumers Pow 5s. Cuba Cane 8s...... Cuban Am Sug 8s. Detroit Edison 6s. . Donner Steel 7s. . .. Liast Cuba Sug %3 Fisk Rubber §s. ... Gen Asphait 6s 36. . Gen Mot Ac Cor 6. Goodrich 614s. Goodyear 5s rets Hoe & Co 6%4s. Humble 01 o, Humble O & R | Ilinois Bell 1st 5s. Lllinois Steel 4%s. intl Cement 5s 48. . Intl Match 55 47... i Lnt Mer Marine 6s. int Paper bs 41 Luter Paper 6s. ... . Int Tel&Teleg 4%s J Kayser & Co5%s 2 Kan G & E 6s 52 Laclede G 518 52.. Liggel&Myers5s51 Lorillard s. . Louisv G & I 55 52 ManauiSug st 7%s. 2 Mid-Con 614 40. Midvale Steel Mont Power deb Mor's&Co It 434s. 110% 105 1043 100 90 5 10215 104% North Am Kdis 5s. Nor States Fow 5s. Nor States Pow 6s. Pacific Gas & 1 bs Pac T & T Ist bs... Pan-Amer Pete 65, Pan-Amer Pete 7s. Paramount 6: People’s Gas 5s.... 3 Phila Co bs 67 w 1.. 3 Phila&ReadCé&l bs. Pbilips Petro 0%s. Por Hic Am Tob 63 Postal Tel & C5%s Public Service 4 14 4 ReminglonAr 6s 32 Kem Knd 5%s war. Sinclair Ol 6s. . ... Sinelatr Ol is. .... Stinclair Crude 5%s Sin Pipe Line bs. .. Skelly Oll 6%s.... Southwest Bell 6s. Stand OIl N J 68 46 SugaristOrientels TennElecPow 6s 47 United Drug 58 53. U S Ruo 1st 1 bs.. US Rub7ys . U S Steel sths.... Utah Pow & Lt bs. Vertientes Sug 7 West Elec 5s. Westn Unton 6s b1. Westn Union 6%s. Westingho: Willys-Ov 6%s 33. Wilson & Co 1st 68 WinRepeatAr 7%s Yngstn S&T Sswi. 26 k103 1024 98y 106 96 89 101% 1067 100 9874 104 102 110% 1034y 102 101 1074 1004 6s.. 107% 100% Bty 89 100 112% 103% 105 101% 107% 104% | Wabash 101 1074 1004 Int Rapid Tran 6s. 8074 | Int & G Nor 1st 6s. 074 107% IN&G: 9 Int RysC A 5872, Int Ry C Am 6s41. Int Ry C A 6%4s ret Kan City Ft S 4s... Kansas City 8 3s.. Kansas City S 6s. . Kan City Term 4s Lake Shore 4s 31. LehiVgen 4145 2 Long Isrf4s49... Man Ry 1st 90 Market St s 40. Mich Cen deb 4s 29. Mil B Ry & L &8 61 M St P&SSM cn 4s. M St & SSM 6%s. MK&T4s B MK & T adj & MK &Tprin.sA. Mo Pacific gen 4s. . Mo Pac 55 A 65.... Mo PaB 53 F 77.... Mont Trim vef 55 41 Nassau El4s § NOTex & M 55 N Y Cent 45 98 N Y Cent rieb 4s. N Y Centrtos. N ¥ CentLS ¢l 3% NYChi&StL 51sA . NYChI&SLL 5% sB, NYC&StLGSA. NYNH&H s, NY NH&H cv db 6s NYOntWistss.. N Y ys 63 6 3 NYRys6sA65... N Y State Ry 4%4s. NYW&B4%s... Nor & S gen 55 54.. Norfolk & W cn 4s. Nor Pac 38 2047... orthern Pacific 15 Northern Pac 5s D. Northern Pacr 1 fs Ore Short L rfs 4s. Ore Short L 55 gtd. Ore Wash Ist 43 Pennsyl gen 4 Pennsyl gen 5s. Pennsyl 58 64..... Pennsyl 6%s. .. Pennsyi gold Ts. Peo & I3 1t 4s 4 Pere Marg 1st s Port R L & P 58 Fortland Kl P L 6s. Reading gen 4%s. . RioG W Istds.... Rio G West cl 45 RIArk&Lats.. StLIM&S 432... St L IM&S R&G 43 Stl 1 M&S g0 68 31 StL&SFpl4sA. SUL&S Fralss 18 StL&S ¥ prin bs. SUL &S Finc 6s. .. SUL'S W 1st s, StL S W con 4s StP & KCShL 4 SUP Un Dep 5s.... San A & Arn P 43, Seab A L ref 4s. SeabAL ad) 53 1949 Seab A L con 65 SB All Fla 6535 A. SB All Fla 65 35 B. Sou Pac 4s 2 Sou Pac cit 48 Sou Pac 4% r Sou Ry gen 4s Sou Ry Con 58 Sou Ry 6%s.. Term Asso S L s “Texas & Pacitic 15U ex & Pac 5s 15 1971 hird Ave ref 4s 60 Third Ave ad) 5s. . Tol Tr L&P 645 30 Union Puc Ist4s. .. Union Pac 1st rf 43 Union Pacitic 4 68, Un Pac 443 67..,. Virginia Ky 1st6s. |vaRy&Pos.. Wbash 4%s'78 rets Wabash 1st bs 971k 9T 9T 9% 93% 7474 100% 9814 91 91 9Ty 973 100% 100% 0% 90% 69% 694 99 991, 101% 101 RO 8B 1005 100 6% 863 1045 1045 100 1004 90 781y 26°100°% 100 5 4 99% 1004 TRY 100 994 99 8% 9 8ik 9% 91N 9olx 984, 1067 1063 80ls 80 107 10G% 106% 106% 101 101% 9 B9% Y07n Q0 891y B9 100% 100 A\ L10% 1054 103% 86 5 103108 99% 994 10010 1011 99% 9 9Liy 833 95 945 100 945 100 B8 TN 897 89% 5 100% 1004 101% 101% 8Rly 881y 104% 10 0% 90 60 60 41 as 01y ko3 T4 9% 90' Y9'y 0% 97 97 89 89 1104 110 1207 120% 88 87 108% 108% 101ty 101 65 674 907 88 978 1054 100% 9k 101% 100 99 1033 9% 974 9T 10574 1053y 100% 100% 1% 91% 1015 101% 106 100 991 9915 1034 1035 8O 79% 984 9T% 98l 9Th Western Md 5 %s. Western Pacific 5 SHORT-TERM SECURITIES. (Reported by J & W Seligman & Co.) Bid. ~ Offer. Aluminum Co. of Amer. 55 1952 1 02 American Rediator 4%ss 1947 2 American Tel & Co. 45 1929 99 Anaconda_Cobper 65 1929.. 100 Balto. & ONlG 4bus 1033 Batayian Pet. Corp. 4'a: Bell Tel. of Canada 55 California _Pet. Col Canadian Nat s 1942 1955 1937. Duauesne ‘Lighting 41.5 1967 Edison EL 11 of Bos 4lss.1930 Co. 15 1930 5 10: Accep. Corp. ‘65 1937 5s 1940 55 an. 5. 10 Humble Oil 5145 1032, - Mass. Gas, Co” Sty ii46 New York Tel_ gs 941 Oregon Short Line g3 193 Bure Oil Corp. ‘Stux 1987 Shell Union Ofl Co. 85 1947 SR Oi b ey 90046 16 ahderd Oiy N. Jersey '8 SULLTr, MU & 8o Rwy. 4 1929 “of Cal S smelting Co. 845 133 Western Electric Co. 85 1044, .. 1031 Westinghouse E, & M. 55 194, 103 Wheeling Steel Corp. 5125 1048 100% POTATO MARKET STEADY. CHICAGO, September 12 (#) (U. S. Department of Agriculture) —Potatoes —Recelpts, 33 cars, on’ track 148, total U. S. Shipment, 605 cars; trading slow, market steady; Wisconsin sacked Irish | cobblers, 1.00a1.10; bulk, 90a1.00; most- 1y, 1.00: Minnesota sacked round whites, .00; sacked, sand land Ohio's, 90295, * | broken cars on track; supplies light ,de- chickens, large, 42a43; medium, 40; small, 38; Leghorns, 37; capons, large, 44a45; small, 30a35; ducks, 28a30; keats, young, 80a1.00. Meats, fresh killed—Beef, 22a26; veal, 22a28; lamb, 28a30; fresh hams, 28a29; fresh pork loin, 40; shoulders, 22a24; smoked hams, 26a29; smoked shoulders, 20a22; bacon, 24a26; lard, 15a15%:. Live stock—Calves, 16a16!2; lambs, 14al5. “Fruit and Vegetable Review. ‘The daily market report on fruits and vegetables, compiled by the Market News Service Bureau of Agricultural Economics, says: Apples—Supplies moderate; demand light, market dull; barrels, no sales re- ported; bushel baskets, Virginia, U S. No. 1, 2'; inches up, Grimes, 1.50; va- rious varieties, 1.25a1.50; unclassified, 215 inches up, 1.00. Cabbage—Supplies moderate; demand light, market dull; Virginia, barrel crates, domestic round type, 2.25; New York, 90-pound sacks, domestic round type, 2.00. Cantaloupes—Supplies moderate; de- mand light, market steady; Colorado, salmon tints, standard flats, 128 and 15s, mostly 1.50; pink meats, jumbo flats, 9s and 12s, 1.35a1.50; 6s to 8s, 85a1.25; miscellaneous melons, no car- lot arrivals, three broken and one un- mand light, market dull; California, Turlock sec'son, Persian melons, jumbo crates, 3s to 5s, 2.25a2.50; standard crates, 2.00a2.25; few low as 1.75; pony crates, 1.50a2.00. few low as 1.25. Celery—Supplies moderate; demand light, market slightly weaker; New York, 2-3 crates, 2.00a2.25. Lettuce—Supplies moderate; demand light, market dull; California and Colo- rado, crates, Iceberg type, 4-5 dozen, 3.75; some fair condition, 3.50. Onions—Supplies moderate; demand light, market steady: Indiana, 100. pourd sacks, yellows, U. S. No. 1, me dium to large size, 4.00a4.25; New York, 100-pound sacks, yellows, U. S. No. 1, medium size, 4.25; Spain, Valincia, crates, 50s and 72s, 2.00. Peaches — Supplies light; demand light, market firm; Maryland and Penn- sylvania, bushel baskets, Elbertas, U. S. No. 1, medium size, 1.75a2.00; large size, 2.00a2.25; mostly 2.25. Pears—Supplies moderate; demand light, market slightly weaker; Oregon, boxes, Bartletts, fancy, medium to large size, 3.50a3.75; New York, bushel and choice 1,300-1,500 pounds, 15.10a 8.35; 1,100a1,300 pounds, 15.10a18.35: ,100 pounds, 15.10a18.15; commor: and medium 850 pounds up, 9.25a15.10; fed yearlings, good and choice, 750-950 pounds, 15.25a18.15; heifers, good and choice 850 pounds down, 14.35a17.50; common and medium, 8.65a14.50; cows, good and choice, 9.25a13.35; common and medium, 7.65a9.25; low cutter and cutter, 6.15a7.65; bulls, good and choice (beef), 9.50a11.00; cutter to medium, 7.0029.50; vealers (milk fed), good and choice, 17.50a18.50; medium, 14.25a 7.50; cull and common, 8.50a14.25; stocker and feeder steers, good and choice (all weights), 12.00214.25; com- mon and medium, 9.25a12.00. Sheep—Receipts, 25,000 head: early trade on fat native lambs about steady; not much action on Westerns; holding for steady prices; broad demand for feeding lambs early trade strong; sheep unchanged; lambs, good and choice 92 pounds down, 13.85a15.15; medium, 12.35a13.85; cull and common, 8.75a 12.35; ewes, medium to choice 150 pounds down, 4.25a7.00; cull and com- mon, 1.75a5.25; feeder lambs, good and choice, 13.85a14.75. 100 Per Cent Stock Dividend. NEW YORK, September 12 (#).—A stock dividend of 100 per cent on the common stock of Continental Can Co. today was authorized by directors, which stockholders will be asked to approve at a meeting on October 16. — 700 Shares of Stock Stolen. NEW YORK, September 12 (#).— Seven hundred shares of Montgomery Ward stock, valued at $183,400 at the hour of purchase, were stolen by a bogus messenger who called for them at the brokerage firm of Edward B. 18 @, 9 e B e B B B e e s B 'p. 22 Bank. . - 25 Pi rities Sep. 25 General Baking pf. Gen Tirelh 8% 7.1 en_ Tire, of.1%4 Island Creek Coal Do pf ... Mertimas ohemical e Chemical, Midl'd Ut 7% pr In.: Do pEA . Q0000H00R0R0000Z02 ¥ o i ice pi.iiac Newh(JDR 6% Dt 3163 Northeastern Powe! Do A Northeastern Panama_Pow & Phelps Dodge .. Rigney & Co pf. St Resis Paper. Deins ... Southern Cal Troy Sunshade . ot . 7 Union Trust (Chi). Universal Leaf Tob S Western Elec . Western Union Willys-Overland Do pf ... arrrrrrrrlrBrrinsrrrss RS ot it R R EO0BO0000000R00ZA ARPRrRr T rrrerrRrra® o, 2 PR e Lake V Tr & 8 Bk (Chi Nat_Biscuit Troy Sunsh Tnitial. Calambra Sugar Est...40¢ Do pf ... Auburn Automobile Bingham Mines . NEW YORK, September 12 (#).— The National Coal Association reports | that preliminary car loading figures in- dicate a very substantial decline in bituminous coal production on Labor day had been offset to a large extent by increases the rest of last week. Out- put was around 8,600,000 tons against | Smith, it became known today. Search for the messenger was fruitless. | baskets, Bartletts, No. 1, 2.25; No. 2, 1.25. . Potatoes—Supplies moderate; demand moderate, market steady; East Shore cloth-top stave barrels, Cobblers, U. S. No. 1, 2.25; Pennsylvania, sacks, Cobblers, U. S. No. 1, 2.00. Potato Prices. i Sweet Potatoes—Supplies moderate; demand light, market steady; nearby Maryland, bushel baskets, Nancy Halls, No. 1, 1.50; Eastern Shore Maryland, bushel hampers, yellows, No. 1, 1.25a 1.50; Eastern Shore Virginia, cloth-top, stave barrels, yellows, No. 1, few sales, | 0. .00. i Grapes—Western supplies liberal; | demand moderate, market about steady; California, lug boxes, Malagas, 1.25a 1.40; Flame Tokays, 2.25a2.50; mostly 2.25; Eastern supplies moderate; de- mand light, market slightly weaker; Delaware, 12-quart climax baskets, Con- cords, 55a60; 2-quart climax baskets, 18; few Delaware, 20c. Cucumbers—Supplies light; demand light, market dull; New York, bushel baskets, fancy, 1.50; poor quality and | condition, low as 75. String Beans—Supplies light: demand moderate, market stcady; nearby Mary- land, bushel baskets, green stringless, | 2.0082.25. i Carrots—Supplies limited; demand light, market steady: Colorado, Western lettuce crates. bunched. 3.2: Peas—Supplies moderate; demand light, market firm; Colorado, 45-pound crates, 6.50. i Raybestos Earnings. NEW YORK, September 12 (#).— Raybestos Co., Bridgeport, Conn., earn- ed $4.66 a share on the common stock in the first half of 1928, against $4.49 in the first half of 1927. Balance after all charges and preferred dividends was $540,791, against $521,519. . — NEW YORK BANK CLEARINGS NEW YORK, September 12 (Spe- cial). —New York bank clearings, $1,427,000,000; New York bank bal ances, $130,000,000; New York Federal Reserve balances, $108,000,000. o GERMAN BONDS AND STOCKS. Special Dispatch to The Star. NEW YORK. September 12.— Ger Gt Red Ln with drawing ctfs attached per 100 R M., 55.00 60.00 Ger Gt Red Ln without draw ing ctfs per 1.000 R 40.00 42.00 dollars per mililon_marks.) 1019 g 2300 35, Bid. Asked. Ge: n 4s pre-war...... amburg 35, 31as & 45 pi [amburg American Line orth German Lioyd 4! Kruop 55 1921 usseldort 4s pre-War. Frankfort a-M pre-war Munich 4s pre-war. (Quote d AE S (S & sioes ot B er ec. Bomumers sne Briva Bank (G Farben...... DiscontoGelisch Berliner Handels Dresdner Bank..... Deutsche Bank: . . Darmstaedter Bank. Heyden Chem. Mercur_Bank Vi North Ger Llo: Austrian A E e aoi i QT SO | 2233333383388 535383538273 a i o 822333328238 sonaaal oFur2gsass aFangassel Virginia and East Shore Maryland, | 150-pound | 9,483,000 tons reported by the Burcau of Mines the week before. that our name. The new corporation, which will have oul some 300,000 shares of preferred stock and 650,000 shares of common stock, looms as the largest }|single factor in the wholesale drug 20 | trade, not the com- are re- FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal gold Selling checks T). _today. $4.84% Oslo, crown. tockhol longed drought has done much je_in Jamaica this 3 Money Available for FIRST DEED OF TRUST LOANS On Completed Properties and for Construction Use Reasonable Interest and Commission Rates JAMESF. SHEA 643 Louisiana Ave. N.W. ALERT BUSINESS MEN ASK Business Property Specialists CALL ON THEM REGULARLY'! Because alert Business Men are aware of the acute activity in the Business Property Field in Washington. They want “up-to-the-minute” in- formation on latest developments. Because during the past few months any number of large trans- actions made by Shan Business Property Specialists have been most lucrative to Because Our Specialists know the field; it is their job, always on the lookout for transac- tions which will work out to ¢ profitable advantage. The Largest Transactions made in the Real Estate field in Washington City during the past year are the thoroughly informed men. SHANNON ING. Because to non & Luchs A8 @ regular clients. Capital; and any one of and they are o condiu worked out Thoroughly have Shannon & Luchs Business Property Representative caller is to have advan- tage of all vital information regard- ing development in The Business Property Field of the N ional an opportunity to grasp the hundred and ome money - making transactions which tly being originated, and presented by our Informed Business Property Specialists. to products of these Shannon & Luchs, Inc. 1435 K Street Gentlemen:—I would _like have one of your Business Property Specialists call at my office. Date .ee..e..q.. Time.... & LUCHS Name e Address ..