Evening Star Newspaper, September 13, 1928, Page 14

" THE EVENING STAR.” WASHINGTON. D. C. THURSDAY. SEPTEMBER 13. 1928 FINANCIAL. NEW YORK STOCK EXCHANGE | |STOCK PRICES GAIN| | SUPPLIES OF WOOL 3 Received by Private Wire Direct to The Star Office. Soecinl Dispateh 1ol THe B | | NEW YORK. September 13.—West Open. High. Low. Close. ! open Low. Close. ¢ Open Virginia Water Scrvice Co., a subsidiary ¥ | Abitibt Power(4 51'a 51's 51% 5li | Dodze Rros pf7 103l 105's 106 | Nat Aeme (sta). 174 of Fedcral Water Service Corporation. | I s t 88% | Dome Mines(1). 9% 9% | Nat Belias Hess' 9 Teports gross revenues of 200 for | 5 Abitibi Po pf(8) 9 bitibi Po pft the year ended July 31, 1928, compared e Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit Life Ins. Co. 1520 K Street Main 475 b 5%% and 6% | Real Estate| Loans Public Utilities AdsmsExp(8), 3 % 360 | Drug Ince4).... | 123 1% 1131 cuit(+7) i 5 t 5 | P s KOsRUDIey. .- Dunhil intid).. st | Nat Cash s Jarket Becomes) Activetand with 73615 for the preceding 12} Do o pante 13 & 2900 7 i air y ! | months. Operating expenses, mainte- | Treasury Head Announces | iy terd: Dug 11 13145). - At D Slores arke months Qperating emence G [ BRitiShE ManufacturersEUOHE - o Air Reductn Kastman(1¥)... Nt DIstiliens. o Bulli R : income tax, amounted to $433.242, con- | " | g | Al , Nat Enamel & § ullish After Recessions |irasted with $430.97 < | Not Expect Big Advances | Siaxwmiiober o \ asted with $430,976, and gross income ot Expect Bi $1.019.699,800 Subscribed e :'*l-v::':‘;,:' : Nt = A | totaled $335,939, against $291,639. p 9 | ! for Certificate Offering. | Aniea hem-... 196% 198 | EisentahreBro. 20| Nat Radator. .. in Forenoon. The report of Detroit Edison Cp. in- in Prices. ! Sl Chintn 1761198 1| L iolL LD, 8 99% o] Nat Ry Mex 2d. e . cluding constituent companics, 25 ¢ BBy Ain) Lishiher, i il : 4 37 :a;s;r:‘x:‘.‘un. i L .113’13 31. shnv\ds '-?n'r?] ’a’i.;r;sfing $245,517 ’ — — RY EDWARD C. STO Amérasaiz). .. Ih | Blec PaLturiT) 106w LSV B et s e e e R B IS C5 RONEE: % BT Am Agricul Chm =0 Stor Bates) & 2 8T | N ¥ Ce = Special Dispatch to The Star {elai ataits g Al ks sty Cecretary Mellon announced_today | Am Asri Ch of 0% | Em Brantzm(A) ; i b L | ‘NEw: YORE, September; 13— Tuen: | $15 018504 comparedf HtlIISILASRALL B Setie b The St ¢hat final reports from the 12 Federal | Am Bank ) '« 128 | gnd Johnia). .. : S e |ing _abruptly about, the stock market | CUTTCNT AsSots amolnee to $14.334.6%%| BRADFORD. England, September 13 Reserve Banks show total subscriptions | Am Bk N pf(3). KEngineers Pub § : = 08 | farted upward again this afternoon nd current labilitics = $13.63%.142. | _rpere will be an ample supply of raw | for the new offering of 41: per cent | Am Beet Suzar. i : o 7 p Ea e JL: [ afier o mommg of irreguinr reaction, | SSAlnst $148L134 and S18.3563081 0 o ins the ne i withi] Treasury certifi- Am Reet Sug pf. : .. 82 108 260t | o reversal was due first to a drop | Fespectively, on July 31. 1927. | Moolduriugithe ne x months. with | sates agzrogate S1,- Am Bosch. .. w38 3T 3Ta| e RR 583 NYNH&HO) 62 63 incall ‘money from the rencwal rate | vVice President H. Heinke of United |Prices steady. but without the immediate 019.699.300. T Y ke 5 Bhle L. 60ty 6 N ¥ NH&H pf(7 us D e e aiene and. | Light & Power Co. denied reports that | PT spect of sensational advance. That | s L v . 13w 1% rie 24 pf. : econd. fo an optimistic_st e o ol bl o T&ed e‘}g:‘(fl;\[' ATH BrOWRBOOL 5L ADaTExh "v”,“_ 274 ih:ml\msm';fi ';“(Emk b\'cScc?c(;:;i'nt\’lr‘"{: 1[: company is to acquire Brooklyn | is the way woolen manufacturers in this the total_amount AmCani2). .. .. « 108 anze(liz). Norf & Wnir10) 152 k17 | lon : ‘ é::nantzgd R Gam“;’l’: n‘uldl SN e $102,321,390 repre- e e NorAm bin% ath A favorable impression was ulso made | OO P e e the. United States usss more) sents subscriptions 4 e by the fact that such good resis ance wool than is produced within the coun- | i North Am pfe3) 2 5l s in payment of the o ey NorAm Ed pf(7) 100 100w | to the decline was in evidence. When | RIG PROFITS MADE try, the situation will have a material Third Liberty Loan | Nor Pacefsif). 951, 954, | the selling was hcaviest in the morn- effec: on the prices American manu- it Wt i | BY FEDERAL BANKS 5 ™on Bt 5 2 Save' vour tihe 2nd energy by coming first where you know the money can be found. Prompt decisions, N Y Ont&Westn N Y Stm pfi6).. 101% Fairbanks3). . FairbankMpf (1) Fedlizhtihl 40) Fed Mot fR0c) Fidelity-Bhotus. 8 Norwalk Tire... 3t A First NatSi115) Ofl Well S ... 100 100 Fisk luhber . OppmCollins( f4 Mortgage Loan Drpartment SHANNON maturing on_Sep- e in the case of the amusem~nt shares. : Buying Is Resumed. the West. Sellers of raw wool here are rafusing 1 lrvlv;b:‘l; =3 Tn“r;fl | Am Hide & L pf. 1 larhi 3) subscriptions Wi | Am Home P1i3) 7 34 Flersehmann Confidence once restored. buying was | e 4 Florsheim (A) [ resumed with animation. Chrysler went | Twely s | concessicns. despite the very mader & LUCHS, Inc. ‘welve Institutions Together Show | demand for woolen fabrics. Comp: Phose: Main 2345 1 ove: Main 234 b alloted in full. [ Am 1cecr2 1) | _ Houndation Co L to the highest for the stock of 5 tin among woolen manufactuers is| | N.W. extramely severe. since most of them | L] have larce amounts of idle machin=ry. | ‘-\D—‘ 3 . . 4 427 ”0n the bflg‘r:! | Am Internati2) 11z 114t 110 1 |aunnetionco allotments, Secre= Am LakFr&Foam Bl hly 6le . " | present company at 107. Packard in i H g Freeport (1614 ). treased its early gain, General Motors Million a Month Increase b i for Six Months. but it is anly the weaker concerns which | Vi Hoteh are makiny drastic price concessions. Pan Amer Pet B Pan-Am Wn B.. Panhandle. .... tary Mellon said. Am Linseed. thie ptar: i Am Locomot (8) Gabriel Snub A came back for gain on the day and | of certificates 10 be 5. W. Metntosh. | Am Mac&Fy(4). 163 163 GhranerMoior. fhete wis = mptd sdvance i Gerro de issued will aggre- ! Am Ma pf ex- 13 113 13 | Gen Am Tnki4) Pasco, which put the price above 91, 3 B r gate_approximately $330.000000. ' The . Am Metal . 490 4R 19 | Gen Asphalt. | nearly 7 points and at a new high. Exports of worsteds in the last six details of “ellotments in the various | om Piano yf. 5 5% | Gen Cable Other strong stocks in the later trad- BY JOHN F. SINCLAIE. months from England hav: been nearls ing included Johns-Manville at @ New | o1 pispstch to The Star and North :p(fi:yd?gg 'r’)?;x':;:lsr:?l;sly;z‘ax{n;\xx?cn:g‘drfl-3 Federal Reserve districts will b2 8n- | am P& Lef1). Gen Cable A(4). American Newspaper Alliance. H nounced shortly. Would “Service” Mortgages. For the better protection of the in- | vesting public, E. D. Schumacher of Richmond, president of the Mortgage Bankers' Association, now in session in Cleveland. advocates the “servicing™ of mortgages by setting aside huge sums in order that intersst payments may always be met. | Such reserve funds would be used to! #zervice” mortgages in the event that! the organization handling them suffer- | Am Po&L pf(6) Am Radiator(y) | Am Republic. ... Am Saf Am Seatingi3). Am Ship & Com. Am Shipbldz(8) Am Smelt Am Am Am Am Sugar Am Sumat Am Tel & Gen Cigars(4) Gen Elec(15). .. Genklec sp(60c) Gen GasA (ol lg) Gen Ice Crm(3). (Gen Motors«i7) en Mot pf(7).. Gen Outdr Ad(4) GenOutdrad(2) Gen Ry Sig(5).. Gen Refrac(3).. Gillette Raz(5). Gimbel Bros. ... Gimbl Br pf(7). Parmt-Fin(js).. Park & Til (13). Park Utah(80c). Pathe BX....... Pathe Ex(A). Patino Mz 92). Peerfess Motor. Penick & Ford. ., Penn Dixie Cmt. Pa Dix CUpf(7) . Penn R R (3%). People’'s Gasi8). Peor1a & Bast. . Pere Marq(i$) high since listing, above 143; National Dairy Products, which sold abqve 100 once more: Brooklyn Union Gas, West- inghouse Electric and Bethlehem Steel. | With regard to strength in Westing- house Electric, the story was revived of a merger with Baldwin. Opening prices were iower all around, and.in nost cases the losses increased in the ficst hour. Warner Bros. Pictures A at 116 was down over 13 points, and | the other class of stock off more than 110 points at 1 Smaller declines were recorded by i'ox Film A. by Keith-Al- NEW YORK. September 13.—Only three times in 30 years has the rate for long time money been quoted at | 7 per cent: in October, 1907; August. 1914, and Midsummer of 1920.. World- wide money stringency in each case was the cause. But this week, when| money in New York was quoted at 7| per cent. the London rate was 4'; per cent and Paris 3y per cenf. mand for piece goods for home account | is excellent. i “Fholesale clothiers report that condi- | tions are unsatisfactory and this is be- | ing reflected in the orders of the cut-| ting-up trades. The Lecd: market is| feeling the effect of low purchasing power in Great Britain, but. it is boyond question that the British woolen manu- facturers are in a position to compete with a very fair chance of success in world marko against American | weaver: In neither the Uinted States nor " GUARANTEED Modern Maryland Homes Secure You Investment Amonz Washington's outstandinz suburhan communities e Chevy bee-Orphetim and by Stanley Co. of | Some people ascribe the high rate to | e b & Amcrlcg. Once the stocks started on |the loss of $700.000.000 in gold during | Great Britain is the woolen industry in ~.Iu -; ‘“v'll;v- T‘ & Iver the downward path there was a rush to | the last year. but this is only one-third | @ satisfactory condition. This is due to ool LGN U bd get out. | of the amount of gold the United States | the excessive number of mills and the Park. Md. Numerons Phillips-Jon(3). & E E 320y The sctback in the standard indus- |has added lo its pile since 1920. The | huge productive capacity. which is hizh fine modern homes in PnillipsPets114) trials 5 more moderate. General | United States still has a huge surplus | above demand. Morcover, must of the these splendid residential Pierce-Arrow. .. Electric below 170 was down a little | of gold left. Basic credit conditions | cquipment is antiquated. but owners seetions are among the Pierce Oil. ... over 2 points, while Steel and General |do not warrant any such figure as at | have not had the courage to scrap it. sepurities which Prerce OIl pf.... Motors ranged only fractionally under | present quoted In one respect, however, Great Britain ek Fives Pierce Petrolm. | the preceding close. Columbia Gas was| The 12 Federal Reserve Banks to- | has a distinct advantage in the world guard . oup N L Pillsbury (12.10) off from the dav before and Loose-Wiles | acth~r made a million dollars a month | Woolen trade. She has a dominating o otes. h Pites Coal. ....... sold down readily. for the first six months of this vear over | Position in the “preference” trade.| §j nd interest on Pitts Term Coal A fow issues stood out against the|what they did a vear agn. *How? A | World distributors both here and on the these notes are uncondi PortaRicoTobA . i trend and were more noticeable on that | year ago the total rediscounts of all continent say there are three classes of vionally guaranteed. An Postal T&C pf 7. account, One was Davison Chemical, |the Federal Reserve Banks were less | foreign trade—that in which price is a interestiny illusirated Postum (3)..... Which above 62 was at a mew high | than $450,000,000. No thev stand at | dominant factor: that in which quality BRGNS - daure foe e Pressed St) Car. for the vear. Another wes Packard | $1.080.000.000. or more than double | is sought without rezard to price: and heaRineas: yauts: fosi;tie PrSu Car pf(7) Motors, which crossed 86 to a new top | those of last year. These 12 banks | the preference trade in which customers akinz. RRaouiR s Salin e and that while the other automobile | in 1928, will show the largnst net profits | buv a certain article irrespective of EST 4 Producers& R pt stocks were being sold. Graham-Paige |of anv year since the deflation year | Price and without regard to whether [{,lNV ME" i Pub Serv NJ(2) B oes yent b lto: to thebest sinve | of 1921, another manufacturer has an article of “l' Co Pub Serv pr(6). | isting, In the ofl list speculation for | The Federal Reserve Banks are not | equal or superior quality for sale. T ; ) | Pub8 NJ pfe1) i the rise kept up in Barnsdall A. organized and operated for the purpose | The third type exists in nearly every Pub SE&G vt (6) & b o making profits. but as the Federal|line. For example. American typewrit- Puliman Co(4 Rails Neglected. | Reserve act says. ' the discount rate |°rs command a preference in England | With one or two exceptions the raiis | duall be. dotermined “with a view to! English cotton goods have a certain « | were still neglected. New Haven was |accommodating commerce and busi- | Preference in America. In each country | .,;ncnvel_v"bougm and Baltimore & Ohid | pacan the shoes and hats made in the other | A% was well supported. ention, however. o esetve. of - o - | find eager customers. But in the woolen 130 | cointinuied to b soncentrated on the in. [ g cOoaL Reserve officials haye ot 81 | jyader Great: Britain aimost dominatee OF =] dustrials. etation ot thi moted clause. but bei- | this preference trade and is sure of 2 M Am AND 923 15th St N.% . araq pfis) Phita Co pt 3). Phila & RC& 1., Phil Morriscl).., ed from death or failure, or discon-| Am Tel & Teli4) 1%0% 181ix | Glidden Co. .. . finued business, Servicing a mortgage ( Am Tobacco(8). 16X 16X 167 167 | Glidden prpf(7) means seeing that the mortgagee gets!Am TobaccoB(8 169%: 1691 166% 1 Gliddenrights) his interest. that the borrower pays his | AMWW&EI(el). 59t 58t 3R Gold.Dust(3). faxes and keeps his property m good |Am Woolen..... 1 16 16% | Goudrich(4). air so the property will not depre- Am Woolen pf. . 41 41 Goodrich pf(7 t the value of | Am Writ Pactfs % 5 14% 15 |Goodyear Tire.. the em:l:saa‘ghec.mme i | Am Wr Pa pf efs 44 45 |GoodyrlIstpf(7) The creation of such reserve funds by Am Zine . A 324 Gotham(12%).. the membership of the Mortgage Bank- Am Zine pf... !:lI :hll o1 ers’ Association of America would mean Anaconda (&) % 8% 77 e setting aside mullions of dollars for this | Archer-Dan(3). 79 Graham-Paize purpose. Mr. Schumacher stated that | Archer Dan ris. e 3% Grhm-Paige cfs Armourbel pf(7 951 91, nhy Mint4) ent. as : the firm of which he is presid Armour. 111(A). 224 Grand Stores(1) o o n | ;62 as others, use such a reserve pla | Armour. 111(B). 10 104 105 | Grand Union. . Armour.111 pf 90 90 90 40 |Grand Unf (3) 5 umacher suggested a pro- 4 gr:‘n‘; nslmresenrch 1o “ascertain what | e gfim oot L. = 2). 284 3 28% Tras would be a standard fair reserve 10 S|\ qu Ury Gizts B0n 50 49 ' 49 | GriNor o up out of each loan made by Asso DG 1st(6) 1011 10115 101% 101% | Grt North pf gage bankers. {Asso DG L1090 109 109 109 or bl efsii) Local Dividend Announcements. | Asso Oil 50 50 50 Wn Suz 2.80 t monthly meeting of | Atchisca« 10 194% 1943 1928 192% | Grt Wn Su pf m?!b;::d "ot directors ot 'the Conti- | Atl Coast Li710) 169 169 169 | Greene Cana4). nental Trust Co. the regular quarterly | Atl Gulf & WL.. S bit Gult Mo & Nor.. gividend of 1'; per cent was ordered | Atl Gulf pt(3). 5 Guif States Stl. paid September 29 to shareholders of N enminne s - Visie | Hack W onfels) record September 25. » < Y B2l | Haniltn Wpf(6) Th= directors of the Federal Storage | ::,':l' P‘m . ';5' 5 104% l"f;'.‘ Hanna st bt Purity Ba pf(§) Co. have declared a- regular quarterly | ABFHG Fenols. 1 b [ Hartmn Be 181t Radio Corp..... . 210 . y r | dividend of 2 per cent, according to il = ll e i JL% | Hershey pfi4) 5 784 | Reading Ry(4). Joar, | Money renewed at 7!2 per cent, but | ness service. and not profits. was what certain amount of orders. no matter announcement by the president, F. K. g v = ;a Hoe& CoA... 1 18' | Real SiTk Hos. .. fdle 3 36 | Was in good supply at that figure and | congress had in mind when the act how dull or lethargic the market rnr: Morris. The disbursement is payable e . Houshold( r 3 4% | Real Silk pfe 3 93 | Just after noon the rate for new loans | was passed. goods in general may be. October 15 to stockholders of record | Balto & Ui6). .. Houston Oil. ) 140% | Reis (R) & Co 2 12 | Was reduced to 7 per cent. The easicr | copyiiene. 199 by North American News- el > on Seplember 29. Bang & Ar pf(7) Howe Sound(4). g 59% 59 | Reis Ist pf (7). % 7113 tone in morey had a tonic effect on the 2 paper Alliance.) Japan is having many bank mergers.' Barker Bros(2). Hud Mant2%) Remingtu-Rand g+, | market, which hardened at once. Beth- 2 g Controller to~ Address Bamkers. | 2t 00 FENNC) 30 |Hudson Mot Remingtnist(1) 110" | lehem 'Steel was prominent on - the NEW YORK PRODUCE Joseph W. McIntosh, controller of the | Barnsdall A.... Hupp Mot (£2) Reo Motet1.20), a1, | comeback. The tave fell behind. but # not as much as on Wednesday. nor was | NEW YORK, September 13 (Special) | the turnover as large as on that day. —Sales on big Boston lettuce were made | currency, will be one of the speakers| Barnsdall B.... 3 11inois C 9 Rep | & St4) .. at the coming annual meeting of the | Bayuk Cigars.. 114 114 1Hdep f).nf:';“ Rep | & S pt(7). as high as 175 and as low as 25 cents | DIVIDENDS. per crate. Most of the business was| REGULAR Gotham n(12%) Gould Coupler A Pure 01l (50¢) Pute Oil pf(8) Purity Rak(3) .. CAREFREE INVESTMENTS Chief among the many tors recommending our 6% FIRST MORTGAGES 1o o 8 B e o e o e e DR o s 1 S —is the fact they release the investor from all care and worry concerning them. They require no attention—no su- All you need do is pervision draw vour interest every six months., Century Without a Kan City South. | Kayser J(5). Keith-Albee. . Keith Al pf(7). Kelly-Spring... Avzilable in Amounts of $250 and Upward B. F. SAUL CO. Main 2100 925 15th 'St. N.W. FOREIGN EXCHANGE. (Quotations turnishea by W B Hibbs & Co.) i Nominai edid Selling checks value (or par) todav London. pound ..... $4.3665 $4.84% Paris. franc : 0391 Brussels. beiza. Berlin. mark Rome. lira .. Zurich. franc | Athens. drachma ! Madrid. peseta vienna. schilling Rudapest. penzo crown (noy Warsaw. zloty ZSopenhagen. ciown fo. crowi ockholm. _crown American Bankers' Association, accord- | Beacon Oil..... 17 17 Indian Mot (1) Reynolds Spngs. ing to announcement just sent out from | Beachnut(#3).. 774 7% tniin REA g, ReynldsTohB(5) New York. The controller will speak | Beldinz-Hemwy 1fl ik $N1aK b RO LTS Richfield Ol(2). transacted at 75a1.25. Western_icebe; b-fore th» national bank division in| Best&Cot3)... &4 Inland Sikv63% ) Rossia tns(5). . type lettuce peddled out at 2.75a4.5 Phitadelphia on the afternoon of Oc- ! Bethlchem Steel 64l Inspiration Cop. Royul (a3 232) Rate. rhea. By Hldre ot | gceasionally as high as 5.00. tover 3 on a subject yet to be given | Beth Steel pt(7) 115 InterboroRapTr Rutland pf..... Air Reduction Soe O Oct. 15 ‘Sep 78, Upstate New York green round strinz ' | out. Mr. McIntosh has addressed | Bloomingdale.. 10% 44 = 40% 44 interconRubber St Jos Lead(13) | Am Dist Tel of N.'J...t1 @ Oct. 15 Sep. 15| heans wholesaled at 1.50a2.75 per | | Washington bankers at their annual |Bon AmiAtd).. 72 T2 G2 T2 nternat Agi... St & Senk'(18) o o] Ao & Eleetric. % @ Ot 1 &ew 17| buchel basket: green. flat, 2.00a3.00. | conventions and on several other oc- H:g:: :‘I'::tlr:! 5;\ e '1'" ',‘;‘ Cl;ln';”- SUL&SF 2d pd (§) 9612 A%ePhs Book Hne rg‘:“, Oct. 10 | and wax beans. 1.00a3 casions. | Borden o T 23w 23% | Int Bus Mat6)., 1 30'a 1301 | StL&Southwest A T e $1QOct. 1 Sep 14| State celery in the rough sold within Board of Governors Meets. Borden Milki6). 165 166 185 166 |int Cementid):] G G, 68% 68 |SILSwn pris). . Am T Founders... 529 Qct.13 Oct. 81 the price range of 1.25a2.00 per two- f Washing- n Ty 2 742 T4% | Int Com Knge2) L 67'% [ Savage Arms: 2) 3 u g Do 1st pt $1.50 O Dec. Nov 10 | thirds crate. Some extra fan well The board of governors of 2shing- | Briggs MfzFCo. 50's 51 |int Comb pf(7). 5 10, St Do 2d of . $1.75 Q Dec. Nov. 0 " i v ton Chapter, A. I. B, made further Brockwy Mot(4) W 62 e 1 5 [Schulte (g3%3).. | Sank of H.¥ S Qe L Nov. 10| hlanched offerings, however. reached Onns at a meeting last evening for | Bkiyn Manis). 71 St ATV 94 204 | Schulte pfcs). Bk O Noate 5130 § St 3 82 23| 3,00, while some green worked out as e opening of the school year. To- |Bkiyn-Manpf(6) 914 92 91 AT R by o+ §“§A"tmm . 175 | BRIUB&SpdIr 15t Bf.17,7 @ Nov. 1 Oct. 20 low as 75 cents. | 2] " bers of the faculty will | BKlynUntGas(s) 149%s 162 - A% 4y |SeabAir Lpf... 03 | o Dog30 Bf -.....5.1%% @ Nov. | Oct Western New York unwashed Muck- ' night the mem Int Mer Mar pf. 55 | Seagruveiel.20) 8 »- 22 | 1and ts sold at 1.30a1.40, whil be_the guests of the educational com- | BrownShoe21) 501 Int Nckel (3).. : % 128 | Sears Roe12%) 152 153 O.C € & 8 Lhili 41y @ Cot. 20 Sep:28 | tond CafOS SO SH oit at 1.7522.00, mittee and the officers at the annual Brunswick Bi3) . 54a 54 Int Nickel (rts). " . o | Sanieca Cow-" Gity, Paknetai i BG 35k ~s:; °4 stoc! 1 .75a22.00 inner. Harold Stonier, national edu- | Brunswick Ter. 44% 44% Int Paper(240). 67% 6 ! N G2) Cons Retail Stores ...25c Q Oct. 1 S State Copenhagen cabbage sold | e | Hirector. will be present and | Bucyrus(l).... 37 37% 1L Emmir o 90" | She Uairany . DolSaunt oty manaioe: 1 e 1| chiiefylanithebacisiof 35 0T ReTore make an address. He has been heard [ Bucvruseviziz) 46m 465 IntPup ofs( 40) 4 " smmmn'rn'.?gi' Duplan Sk &7 pf ..352Q Oct. 1 Sep Cucumbers sold at 100a2.00. prin- it here previously to splendid advantage. | Buff&Suspts). 41 Int Printing Ink. Simmons Co(3). Dt L naee glogk b Sib 5 | c(DAIGEETISR1 15 mer Dushiel EaRket r a Third Is. | Burns BrosA(8) 121 Intl Salte3) 6 | S P X Gilbert (A" C.) 'Co. 87':c Q Oct. Sep. 15 | Dills realized from 1.75a and pickles ! Financial District Personals. BGrIE BoviB) e . o imins Pet Ind Pneumatic Tooi....S1 Q Oct Sep. 2.50a5.00, according to size. President John B. Lamner of the ! purnsrospf(7) 104% 104% Tt Tal & Telid) Lée 13 17 | Skeity Otess Thdustsies Devel "pi: 377 & Set- o) Sem. e —— G Washingion Loan & Trust Co. has gonc | Burroughe: 1) " 181" 155 Intertype (71%) 31y 2414 | Sloss.Shefi6) Legn. Fitz & Mulr's 97" ¢ @ Oct. CHICAGO DAIRY MARKET. B N Harry G, Meetn. | Bush Teraecis. 105" 105 i ki g “5fiiitfi?§brm i 1";‘?’35‘!‘ CHICAGO. September 13 (P).—But 3 2 ) . ainks - A 3 (P).—But- vice president of the same nSHUHON. | ute Cop &7 B el 0 st o | Mahag Con) BR 3 Rot ter lower: teceipts, 5,819 tubs; creamery has returred from a month’s o 30 - a1 South Ca i -Rockwell 5 extras, 48; standards, 4615 extra firsts ur Ed.. Mid West Utilities.. $1.75 = 8t Atlantic City. | South Dairies A. T3l 1 R 1 sts, 44ad5; seconds. 42a43!, Lass Albert S. Gatley, vice president of | By-Prod( South Dairies B Do 36 pf 2 Eggs high=r; receipts, 8.75 cases: firsts. 9 e o o er & months va- | 2l Packutd). South Pact8). .. la. 1251 | Bropnotactie vish (Al By S0 ey Sno 1o e desk e A the | Callanan Zinc. . South Ry(8) 5 521 | St Rezis Paper 1 | Arsts. 27a30. | cation at Old Orcha acl AR AT SouRYM&OCrs 4 3 i 5175 Q Oct Poultry alive, weak: receipts 4 cars: Moine coast. ol ety Sfty Car Heat ‘& Light 52 Q Oct. | fowls. 20a2 ; s, 907 Georze P. Sacks. viee president of the C‘"mwuled" SUORTIE (i, . 3 g;r“':r:“"«i m(x:n‘ ”’& C"_:z Q Oct. National Bank of Washington and| .. 'bocitci10). Kelly Tire 6% pf Spear&Co pf(1). BUY ) rona Typewriters . Q oct president of the Bank of Bethesda, has | -\ CFy 0o 0 Kelly Tire 8%pf Spicer Mfg. . . TR0 B! produets P13 Q Get I ey om R extended motor triP | ;e Threshs (6) e Splegel Co inc Thempen (). R) €0 a0 3 et 3 Cent Alloyi2). . 11 | K Std Com Tob () txsnatect oo s 00 MR NOY: Oscar _Coolican, head of l!;m&m&;“ Cen Ry NJ (1 316 316 316 316 | 'Kennecott (6). SWG&E(3%). Teade Biof N ¥ 3% B Dec broker offices of G. M. P. Murphy . | Gentury Rib M. 1% 11% 11t 111 | K!nney presy. Std G & B pf(4). United Shoe Mach. 62izc @ Oct ic back in town after five weeks spent | Century Rpfe7) 76 77 76 77 | Kolster Radio. Std Milling (5) Do_pf . 1137 Q Oet. in Canada and other points north. :Cerrode 1'asib) 85 Rin myie) Kraftlla).. Std O Cal23).. 2 59 | Uy & Poreisn Sec A. E_Waters of Townsend Scott % | Certain-Teed(4) 45% 441, Kresge(71.60 SWOIUNI (T13) . i LT £1.50 Q Nov. - e ) 5 d Bl £130 @ Nov Co. of Baltimcre, was a visitor in the”| Cpandler-Clev.. 11 1n Kresge SS pf StdOINY (1 60). 3 E 3 Wabash Ry pf A’ sl local financial district today. Chandler-Cl pf. v Kresge Dept S.. Std Plate Glass. Wst. Pa. Pr. 67 pf 8150 @ Nov. $1.25 Q Nov. Arthur Foraker announces that|Ches & Ohio(10) 1s6t 187 186 18 | Kress (SH(1). ) Std P Glass pf. . | oY & Baunhes ‘Gadnl ™ Q Nov THERE IS NO SUBSTITUT Fasterman, Dillon & Co., have Jusl}c&u(:nrym:m i 67 6 Krogzer Gro(el) 9 StdSanProc1.68) of EETER, opened broker offices in Richmond and | Cn) & Altou. ... 10% 104§ Lago O11. o 3 3 3 Stanley Co..... Air Reduction Detroit. Elmore G. Hotchkiss, ir.{Chi& Atron pf.. 16 16% | Lambert Co (16 P | Stewart-War(6) 2 | Marlin-Rockwell manager at Richmond, is quite Well | Chi Great West. Les Tire & Itub Strom Car(2 53% 1, | Nat. Bancitaly known here. “cmm West pf. Leh Por Cmt 23 S orunEkenh) o : +| omted Shoe Hisch,. 0% " N Chi M1l & St P.. LehighVal(3%) tudebak pf(7). : 2 ! May Change Company's Name. | CpMII&SUE. Lehn & Fink(3). un O1lnt) . Am. London & Empie Peter A. Drury, president of the|ch;& Nwni4).. Hb% 86 Life Savil.60).. Superiot Ofl A b % | oo P ity oL Merchants Bank & Trust Co.. and 0f | Chi Pne Tool(6) 130 Liz & Myrs B 15 Superior Ste v | Maey (RO R & the Federal City Securities c; will | Chi R1&Pact6). 12 Liq Carb(3.60). Sweets of Amer. 2 Y| W . i sk the directors of the latter firm 0| Chi Yei Cabi3). Loew'st13).... 4 kb | Perfect Circie .. change its name at their next meeting. | Chickasna (3. Loew's pf(614) . e Postal Tel & " Cabi, The company is often confused with |Childs(z.40 5 Lort 8 Corpni3). other companies using- the .word. “fed~.| Chile Co 5174 | Lioos 60). Gulf Sul(s Wabasn..... eral” in the name. It is also desired | Chrysiers). Loose-W 15t(7) Texus & Pac(5). ! 5 185 | Waldoif(1%) w2 Y | CUBIC inch of aif at sea level that the name should show the close | Cluett-Peubi5). 4 Tex PacC& OIl. 13 s Walworth(1.20) 13 ... R ; ins a good " connection between the finance com- | Cluett-FPea pf( Tex Ld Trinew) 20 I Wataibe ) i pressure contains a good many nn'r_lv and the l‘;ankihns the vm";: °r5;'"“‘c°fi'"hl‘l\‘fl o Donikammacns, Thatcher Mfg. Ward Bak pf(7) P molecules, in fact as many as zations are under the same directors. | Collins & Aikmn Louis & Nash ( The K £ W T 5 A bl : The Securities Company was organ- | Col Fuel & 3 Ludlum Stz).. i | Entageee, o PO el represented by the figures at the head {zed in }1‘92‘ with a capital of 3250‘1;:10. CO:L_:“: r”‘ 12645 1240 McAndrews 2.60 o 5 Thomp J R3 60) Waurner Quiz).. of this advertisement. But yvou have Since that time its capital stock has | arbon4).. 06 SIECHONS A Tidewater AsOll Warren Brosi4) 176 not the time to be bothered by a few heen increased to $1.000,000. of which | Com Cred:1) 3 2 Tid W AsO1Ipf(6) Warren F&Pipe. 20 S et e = - McCrory d(2) 14 v quintillion molecules, or by attempting to estimate the number in a given amount of air. Money to Loan 1 Sccured by first deed of trust on real estate. Prevailing interest and commission | Joseph 1. Weller {5538, ' § 441,000,000,000,000,000,000 Molecules amount $600.000 has been subscribed | Com Cri=tpf6l, x6l, 861 56l 864 | yjeintyre P(1).. Tidewater OU 80 b Ll ¢ 6 Melnty and paid for and has paid a 6 per cent | 188Uy 1121121 1085 109% | MoK eespt Tin P Timken(15).... West DatiyA (4) ] . " dividend since it was organized. CO OV B4 A UL 12 HeERhRmrickTs) . Tobac Prod(m). WL s gt Officers of the company are Peter | COm Solventaid) 210 2147 209, 2100 | yicy (R @) ch) Tobac Prod A(7) West Maryiand. 451 A. Drury. president and Rolfe E. Boll- | Com Powr(rd).. nets w6 85 %3 | \lud Sa Gar Do ST AL s ing. vice president. Directors are Frank | .. 84 6L .64 64 ltspmaiCop(3)- ransus & W¢1) Eetin Bl b7 (6h 100 B Harmin i Feank B Ghiselli. H, | Conzoleum-Nair 253, 21 27 |igrgiiisoni@:Co. | Trico Prod(2%) West P Fo(6).. 107 1 Donoghue, L. E. Schreiner, J. L.|ConkCgrsii4}) 73 Man EI Sup(3).. Udwd 61 ®4).. Wuat B Pour(?) 116 Sherwood and Ernest Gerstenberg. | Consol Carst7). 9l 4 931 Man Elev gtd(7) West Unton(8). 153 Local Securities Active Today. el e R TR o . o 28% 2 2% a reed .. Local stocks were more active today, ! Consol Gasi5).. 80% 80% Maracaibo Oil sharing interest with bonds in a busy | ConsolGaspf(5) 98 98 | Marland ON .. srl‘_ls:;&r; «ancth‘et I}J:frmr&mn mk EX- | ConRRCuba pf 6 77 77 Mar-Rock t2%. . el apital action s came | Consol Textile. | Ma to the front with 14 different sales, in- | Contuine: & | 20 R volving a total of shares. e | G @ 4 $ stock qnponed at 108', and closed -Li‘?.::'n’f:.i'..z P ifl‘.‘;‘;:'." '\.'”'.’ 10834 | Cont Bak pf(¥). e f (3. Mergenthaler Linotype was slronger‘ ont Caned). ;.:m: ‘I’m pe6) today. opening at 1001. and advancing | Cont Insur(6). Mengel Co.... .. U S Aleohol (6). on small lot sales to 101. Washington | Cont Mont 180c) MetroG pf(189) 08 Leather. ... Gas Light was also stronger. 10 shares | CornExBank (20 2 Mexican Seab. .. US Leather A.. selling at 99. A single share of Sani- |Corn Pro(i3% 713 | Minmi Cope1).. U'S Realtyed).. us A Higher Yield With Safety Un BaghPaper. 9. " 5 WaHEEATE e T o Guarantee(l i make by speculating in the stock Nor should you be bothered in attempt- ing to figure out how much you can Union Carbi(6).. Un 01l Cali2)... Uuion Pac(10). . Un Pacific pf(4) Utd Biscuit 1.60 Utd Cigar St(1). Ctd Cgr St pf(8) Utd Fruiti 1) Utd Paperboard U S Distributing U S Hoffman(4) market. Such figures are less as a basis of estimating your income, for anty First Mortgage S you can never be sure whether they ties with the v will represent a profit or a loss. grade offerings in the general o) investment market, and we think White SM pfi4) vou will decide to invest right Willys Ovel 20) here at @ Willys-Ovd pf 7 h tv guaranteed oy Combany Wilioh BiCat . i e AR zell, Rheem and Hensey Company n_ee(l Witson Copf 4. backed by resources of never be bothered about anything. Wlkos & olpf. han $3.400.000. hes s safe: i 5 tary Grocery preferred changed hands |Corn Prod pf(7) 1404 140% 140% 1401, | Mid-Continent. . A Woolworths) ., el hyabadie 3-}1 P,;]f‘ ."me‘\.l alre .\a'fe, lh‘e '.":."‘ht' Worthn Pump. . Denominations: $LOO. $300, §250 eck is mailed to you automatically so that you will receive it on the day at 130, Several other stocks also @p- | Coty Incigd)... 202 204 202 204 | Mid-Cont pfi). 110 1104 110% 1100 | U'S Kub 18t pf .. peared on the board during the session. | Crucible Sti (5). 80% 80% 7a% Middle States b S Smelt (3%) R AUEE L R 8 and $100 Maturities: 1 to 10 7 it is due; and your principal is avail- able intact at stated periods. You may One issue, which rarely comes out. was | CubaCaneSugar 4% Aid Statesctfs. U 5 Steel(7).... 1584 13 . Washington Medical Building, which |Cuba Canw Su bf Midland pf i 112) U S Steat pi7). ’ Vale&Twas(15) i e Glnin L D Lo Rl B RS e, | S fompny Miller Rubber. USTobpfi7).. 135 133 133 133 | vellow Fruck.. about Guaranty Securities maile n the bond division Potomac Elec- | Cubun @y, s Milwaukee EI(6; Uni Leaf Tob(3) Younustn Shis) 93m 95 upon request. : A f : tric consolidated 5s brought 10213 | Cudany Pks4). 73 Mo Kan & Tes. Uni Pio Lst uf(8) i) e well profit by this peace ‘of mind. Washington Gas 6s, series A, moved al | Curtiss Aeror1) 149 Mo K&Tex vf(7) Umv Pipe & Rad Hourly Sales on N. Y. Market. 1043;: Railway & Electric 45 at 93'; | Cushman'si§4) 209% Missour: Pacific Ut PRL Ate2) Tl 1281800 10901825 100 REAL ESTATE g!.\d War‘fl(mng l;nork Hou}rslh h;t 1053 Cushmann pf(7) 1347 13 Missourt Pac pf Utah Copper(6). Lom. 2.295.200 L 2,977,000 esapeake tomac Telephone 55 | Gurir-Hame31%) 58%a 58l Mohawk C 6215¢ Dividend cates as Give: sold at par. There was one sale in|Cuyamel Fruit.. 53 55 Montgmey W (15 ik o the ARnuR) cash DymEnts puscd. on he MOHTEAGE&GUARAHTY Capital Traction 5t at 100% sbierity 584 611, | Moon Motor Van Raalte pf Do of " irading " tess thao 108 Sharin Department Store Sales. 5y 421, | Mother Lot30e Vick Chem4).. T3k Td £ Orelered ek S Bt T in Wi CoRPORATION zmmr ‘l‘-lkfnl414)> i'lléu :u{c.lifln "r::'a'u".: D, Semulay cate "o R 3,4 Lor pro . Atoe us v I 5 4 Motor Prod (2). M | Va'CiroChem.. 15 18% 13 1o | bl 'Whel Saraed e Pavabis in cash o CeplaliReanceasy 5400 007 sock 26 JACKSON PLACE fPlus 10% i stock o Plus Ko stinghsed) Westhse Ist(4) . Weston Electrie Weston A(2)... White Eagle(2) . White Motorsel White Rock(2). White Sew Mach OMPARE the yield of Guar Those investors who have purchased First Mortgage Notes through Swart- Swarizell Rheem & Hensey Co, NMortgage Bankers 727-15th. Sireet, N W.. Washington.DC. : 33| Motion Pic Corp August sales of 419 department stores = 1241 \iotor Meter A . reporting to Federal Reserve System | Dei & Hud(Y) vere about 5 per cent smaller than in | Den RG Wn pf. Motor Whit) % 1 August a year ago. Sales of mail order | Datrott Ed(%). . Muilineite ... n;l g9 | Vet Ch ofl 52% 2% | in stock b Partly stgek ' Plus 1o 0 heuses were 22 per cent larger and | Devoe& 1A %3 5 Sdin ) ’c Roves . sir‘ Vivaudon Co.... 18% 15 3 Stalstock &k Plus 1 120 {hare auarterly n sose of 5-and-10-cent stores were 5' Diamond M(19) 3 160 188% 160 Murray Corp... 614 " * Vulean Netin... 31 3 5 ;;:f‘lzd é"n::"s'w:u'&'.:.,3}6;".;3&""",«.‘" wer cent larger than last year. Dodge BrosA.. 20% 2l% 20} 2l h Motrs(16) 95l 95% Vule Det pf(7).. 93% 14T in stock Ll 39 Years Without Loss to ‘dn Investor