Evening Star Newspaper, September 28, 1928, Page 15

FIN BONDS INDIFFERENT 10 EASY MONEY Gradual Slowing Down of Convertibles Finds General List Lower at Week End. BY CHABLES F. SPEARE. Special Dispatch to The Star. NEW YORK, September 28—If it were likely that today's 6 per cent re- newal rate for money would continue well into October, more response would have been given by bond prices to what was regarded as only a temporary easing in the rate. Aside from a few scattered transactions in United States Govern- ment issues, the high grade list today was indifferent to the money situation, and on the average was lower at the end of the week. There has been a gradual slowing Sown in the trading in convertible issues. Andes Copper 7s today were about a point higher at one time, and Anaconda Copper 7s slightly above vesterday's closing. Public Service of New Jersey 4.5 rose 1'; points, but Barnsdall 6s and Tennessee Copper 6s were both lower. Small losses occurred in the active industrial mortgages, such as Good- year 5s and United States Rubber 5s. Pressed Steel Car 5s rallied a point after dropping late yesterday from 100 to 98. Eastern Cuba Sugar 7s were at a new low for the year and 14 points under the year's highest. Fractional declines occured in & majority of the Jower grade rails, although the volume of trading in them was too small to suggest a definite trend. Fonda, Johns- town and Gloversville 4'.s broke below 40 for the first time, The recent liqui: dation in them has been significant of pending events. The issue of $10,000.000 Finland Mortgage Bank 6s had the effect of causing a moderate amount of read- justment in the prices of other Finaish bonds. The foreign list in general was dull and unmovable. Investors are confused by the wide range of yields that obtains on bonds of the same iype and carrying similar coupon rates. This is especially true throughout the Ger- man group of city and provincial issues. ‘This week's new offerings amounted to $69.000.000. or slightly larger than the week previous. The total for Sep- tember will be between $275,000,000 and $300,000,000. Washington Stock Exchange SALES. Washington Gas 65 1041 5. Chestnut Farms Dairy pfd Potomac Electric 6% pfd.— Potomac Electric 5>% pfd. 1 at 108%, 20 at 108%. Washington Rw. & Electric pfd—1 at 104 Mergenfhuler Linotype—20 at 100 at 10012, 10 at 100%. AFTER CALL. Potomac Electric Cons. 55—$1,000 at 101%., Capital Traction 55—$1.000 at 1007, Georgetown Gas 55—$500 at 1031, Washington Gas 6s “B"—$200 at 105%. Money—Call loans, 5 and 6 per cent. | Bid and ‘Asked Prices. BONDS. PUBLIC UTILITY. & Telga. 47 el &*i- T s ‘Am. Tel. & Tel. cil. tr. Anacosta & Pot. R. R.S & Pol. guar. 35 % ¥ Teleohone 5 C. ‘& P, Tel of Va. 85 Capital Traction R. R. 55. City & Subuiban 3s... Georzetown Gas 1st 5511 Potomac Elec. 1st 55.. Potomac Elec. cons. : Potomac Elee, 6y igad. . 11l Wash.. Alex. & Mt. Ver. 8s... Wash., Alex ‘& Mt. V. ctfs Wash:” dreads st .. Wash., Balto’ & Annap. ‘Washington_Gas 5s Wash. Gas s, serie: Wash, Gas 6s. series B.. Wash. Rwy. & Elec. 450000 Wash. Rwy. & Elec. gen. 65.... MISCELLANEOUS. Barber & Ross. Inc.. 6%s. | Chestnut, Farms Dairy 6%a: 3 Chevs Chase Club 5%s. . C._ Paper Mfs. 6s. Jolmt Stock Lid B3 Market Cold Storage i» Wath Cons Titte 65 - Waréman Park Hotel 535’ STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel ... Capital Traction... Washington Gas Norfolk & Wash Stesmboat Potomac- Elec. 37 4 Potomat Elec. 51.¢ Wash. Rwy.. & Elec. 5 Wash. Rwy. & Elec. pfd . NATIONAL BANK. “A"—$1,000 at Amer. Tel. Amer,_Tel. Ana. = -, ANCIAL. Sales. 20 Lib3%ys... Liblst4%s Lib4th 4%s 146 US33%s'4 6 US33%s47, 1 US3%s... 20 U S 4s 1944, 130 FOR Argentine 6s Ju 69. Argentine 6s Oct59 Argentine 6s A.... Argentine §s B.... Australia 4%s56.. Australia 58 1955. . Australla bs 1957 Austria 7s. Bank ofChile 6% Belgium 6s. . Belgium 6% Belgium 78 1956, Belgium 7s 1956. Beiglum T%s. Belgium 8s. Boilvia 8 Bordeaux 6s. Brazil 6145 1926.., Brasil 6%48 1927. .. Brazi] 7 Brazi] s Bremen State 7 Canade 58 1931 Canada bs 19562 Canada 5%s 1929, Chile 7s 1943. . Chinese Gov Ry 5s Colombia 6s Jan 61. Con Pow Japan 7. Copenhagen 4% "33 Copenhagen 5s ct.. Cuba 5% Czecho 8s 1951. Czecho 8s 1952. Danish Munic 83 B. Denmark 6s. .. Dutch East | 6s ('l, Dutch East 1 6s 62 Finland 5%s. Finland s f 63 45. 1 Finland 7s. Framerican 7% French 1 French T%s German 7 Ger Am Bank 7s... Ger Gen-Elec 7s. Hungary 1% Italian Pub S 7s. Japanese ¢ Japanese 6148, Lyon 6s Marseille 6; Milan 6%s. Montevideo 7s. Netherlands 6s b4. New So Wales 67s. New So Wales 58 Nord 6%s.. Norway 53 lB‘l Norway 5%s. Norway 6s 1943 | Norway 6s 1944 Norway 6%s 1952.. Orient Dev deb 6s.. Peru 6s 67 w i, Poland 7s (rcts)... Poland 8s Queensland 6s. Queensland 7 Rhinelbe Un 7 Rio de Janeiro 6345 Riode Jan 8§s 1946. Rio Gr Do Sul 8 Rome 6%s... Sao Paulo 1950 Saxon (PW) 7s.... Seine 78 ¢2. . . Serbs Crot Slo 85 Soissons 6s. Sweden 5%s. Sweden 6: Swiss 5%s 1946 Swiss Confed Toho El Pow 1 ToKIO 58..0..0us Tokio 6%s 1961. . Utd Kingm 5145 29. UtdiKingdm 543 37 Uruguay | Yokohama 6s w 1. MISCELL Ajax Rubber 8s.... | AmAgriChem 7%s. Am Smit & R 1=t 63 | Am Smelt & R 6: Am Sugar Ref 6s. . Am T & Tecltr 4s.. Am T & Tcl tr5s, AmT&Tsths Am Tel & Tel 6% Am Water Wks & Am Writ Paper 6 Anaconda Ist 6s Anaconda cv db 78. 1 Andes Copper 7s.. Armour&Co4 %4839 Armour Del 5%s. Atlantic Refin §s... Barnsdall 6s 1940. . Bell Tel Pa 58 B... Bell Tel Pa5sC... Bethlehm Sti pm b3 Beth Steel rf bs h Steel 5138 53. Bethlebem Steel 6s National Capital s Columbia T Commercial Serda 260 | District ... : Farmers & Mechanics Federal-American Liberty ...... Lincoln National Rigzs Nat Second National Bank of Washinzton TRUST COMPANY American Sec % Trust Co.* Contine: A 265" 410 fetropolitan.. . R e 530 Bank 465 Waching.on L Bank of Belhicyda Commerce & Savings. East Washington. . Potomac _. Security Savinzs & Commrrcu. Seventh _Street.... . United States Washington Mechanics FIRE INSURANCT | American % 7 Carco. rem-i's 4 5 Natienal Union e | Co. of #1d. com Title ofd .. 2 l MISCELLANEOU'S Ine . cn Chevy Chase iy pid Farms Daiy com Chesinut Farms Dairy pid Commercial Natl. Co. nid D, C Pinn: 1t Cons e ot ¥ o pid Foderal-American Co. Federal-American pid Lanston, Monoispe_. Merch. Trans. & Storace Merch, Trans. & Stor, Mergenthaler Lingtype Notl. -Mige. & Inv pr Peoples Dru S Sanitary Grocery T Ret & whrs Corp... Wash Cony. Hall ofd Wach Mech Mtze com Wash_Medica) Bidz Corp Woodward & Lothrop pfd Vigend cents extra com Unlisted Department. BONDS Bid Asked Army-Navs Club 3¢ s e b € Cinb 7 = Sietropolitan Clib 4"« 3 Anacos icut Pie Con ch Brew ntal Bank tie Ins Co. anklin National 1 © Tram Coxtrol Mun-ev Trust C Norih Ca 5 R ashington € ashing Washineic Woodridze-! Paris Bours PARIS, S ptember 2% “rices were easy on the Bou per cent rentos. 66 fran 5 per cent Joan. 93 Eschange on London, 11 {5 times. The dellar + < guoin francs 5714 centimes mes imes. 7 cen- rto25 | Norin Am ks Jhree | Bkiyn Union 5%s Certaln Tdjsrets Copper 6s. .. Col Gas&sl deb 58 Cen Coal Md 15t 58 Con Gas N Y 5148 Consumers Pow §s. Cubs Canecv 7s... Cuba Cane ¥s aban Am St Dery v Gy 7 Vet Bdizon 68 Donse s Honner Steel Tx Sug a8 en Asphait 6s 26. . Gen Mot Ac Cor 63, Goodrich 6s. Goodyear bs rets. | Humbie V1l 5s. | Humbie O & R5%s 1llinais Bell 1st 55, 1linois Steel 4143, Intl+ ent a3 48, . ich a8 41, Vst Cub, int A int 1 Iner 'apet 6. . Int Tewv'iees 1’4! J Kayser & (0 3%s KanG & i 63 62. .. Laclede G b%s 52, Lorillard 5s. . Louisv G & E 5352 Midvale Stee! fs. s 43 Lo lower deb as | New kngland el b Jd1%00 53 44. . N Y Edison 6%s. . INYGELH& P4s NY KLH&PSS NYTeinsel ... N Y Tel tis 4y e e ) Not Obio T1 & L fis | Nor States Pow o5, | Not States 'ow tis | Pacine Gas & ki b3 | Pac T & T st s, . | 'an An.er Pete b3 | Patamount 6 1947 | Pathe Eacianze 7y | People s Gas os . Piviia Coas 61w 1 I'hitips Petio s s | Precce Ariow us | Por ttic Am Lob 6s Postat 1el & ahle [ ftenpnzionar 6x 4z Jaem G 2ty e wal Stictan Ui 6 St 1oty s Sinctar N s 3ician Clude o lge Sin Pipe Line 65 .. South Bell Tel 6s.. thwest Bell 55. Stand Ol N J 6346 PennBleci'ow 63 4 Unitea Drug 58 63 U8 Koo Ust i1 b US b s U S Steei st Vtan Pow & 1t B Warner Suz (s 89 Wt Kiec s Westn Union ox 61 | Westn tinon 614 s Westinkhouse b8 | Witmon & 0 1et s WinRepea A1 7% Sales. High. THE EVENING [ w_BONDS o st Received by Private Wire Direct 9 The Star Ofice RAILROAD. High, Low. Close. UNITED STATES. (Sales are in $1.000. High. Low. 9814 9814 1013 1013 1013 1016 1014 1014 9816 9810 9813 99 99 99 1037 1037 1037 1062 10528 10530 EIGN. Close. 98 14 Low. 993 991y 9% 99, B8R Close. 991y 26 99!y 14 993 10: 105% 115% 110% 106% 993 9614 96'% 100% 108% 10113 1001 1041 100% 101% 33 1004 1087 101 10012 1040 100 1015 33 a1 9u15 8814 9614 103 108% 10815 111 1043, 1037 1034 9214 99 100 10615 109t 115 10013 1034 100 101% 33 91 9915 881y 96 103 106'3 991y 103 101 9513 97, 10 100 100 92' 103 100% 94% 94t 101t 97l 100% 102% 1033 100% 94 94 101 97hy 1004 1024 102 ' 10215 110% 8¢ 102% 11 981 97 90% 118% 104% 108% 95% 907 « 1181, 16 104% 104 1 108% 108% 5% 95% ANEOUS. 1 104% 104% 8 1041, 104% 5101 100!y 1 1074 107 10 104 103% 12 99 98% 3105 104% 47 105% 105!y 19 107% 107k 16 991y 10454 104% 100% 10715 104 99 1045 105% 107% 991, 17 13 510 154's 13 16 1 7 101% 101 51 111 10 105 9 108% 1084 7 101% 101 2102 102 8 103 1024 29 104% 1041 2315 809 20 100 100% 17 78 78 31051 14 3 1034 6 7 1% 5 10315 2 0% 1108 26 9nh i 2 9nly 33 uls, 5 1070 15 luzi 5 100 28 i 13 100 27 10,44 610 . 9 4 94 95 4 10 74 i L6 9 3 bla 9 W 1114 114 3 1041 104's 5104 104 1 87 8l 15 103 102is 13 100 Y97 10103 1025 1004 5 100% [0 1041 1 107% 5 104 L1414, 94 94 L1064 106t 10 107 106w L% 1100 399 Yy w2z 102 1015 11 1065 10 401 101 1023 1028 o 102in L0Zia 13y 1041 uy W3ty 128 9974 1025 1005 1041 1140 94 6 1000 9Nt s 1051 0 14 106!y 109 E 10 944 288100 2z v 13 " 0 o it 194k 1 102% 1ozh 1104 104 17 1028 1028 2 1067 106 098 9 w9 1% G0l L0 Ry 3100 2 s9 5 s 102 1o 103 101 2 107 By Ly us e 1 us vy Yty vy 0y 941y W By 100% 08 1001 29 e 0 "o 13 g ANY W& B4algs. .. @ {‘ Lennusyl 6 lgs 1070 | Atchison adj 4s. Atchison gen 48 Atl & Dan Ist 45 43 B & O Gold B&OoCV4%s.. Oref 68.... 0 58 2000 D, O 1st bsct Ort imp 6 OPLEWY 4s B & OSW 6860. Brooklyr Elec 6 Brooklyn Elev 6148 Bkivn Manhat & Buff R & Pitt 4345, Can Nat 4%s30.. Can Nat 43857 Canad North 7s.... Canad Pac deb 4s.. Car Clinch&O 6s 62 Central of Ga 5%s. Cent Pac Ist 58 40. Chesa Corp 63 w 1. Ches & O cv 4}4s. . Ches & O gn 448 Chi B&Q gen 45 63. CB&Q4%s77B.. Chi&E 111 &n 65 61. Chi Gt West 45 59. CM&StPgn8d.. CM&StP ret 4% 589 ChiMIISP&Pac5s b CMSP&Pacadi 503 Chi & NW gen 4s., ChiNW 41432037, Chi1 & NW 1s Chi RYS68..000e0e Chi R1& P gn 4s.. Chi R 1 & Prf ¢ Chi TH&SEss.. Chi T H inc 6s 60. Chi Union Sta 53 44 Chi Union Sta 6%s. Chi& W Ind cn 4s.. C& W 163%362.... CCC & StL rf 63 A. Clev Term 53s. . C&S1st4s29.. B& B& B& B& B& Cuba Nor 6‘6! cts D & Hud cv 5s 35. Dei & Hud 6145 Den & Rio G cn 4s. Den&RioG 4345 36. ie 1st cons 4s. leconv 4s B. Erie Gen 4s. ... e eVt 53 67 W rie conv ext 7s. Lirie & Jersey 6s. Gr Trunk stdb 6s.., Grand Trunk 7s. .. Gt Nor 4%s 76 D... Great North 5s. Great North 5%s. . reat Nor gen 7s. . Green B8 & W deb B Hav El Ry 515551, Hud & Man a) 5s. . Hud & Man ref 5s. 111 Cent 4s52. . 111 Cent 4% 66. . 11l Cent Chi 4%4s. .. 111-C-C- StL&NO s int Rapid Tran 58 Int Rap Tr bs stpd. Int Rapid Tran 6s. Int Rap Trans 7s. . Int & G Nor 1st 6s. Int&GtNorad; 6s 52 Int RysCA5s72.. int Ry C A 6%s ret Kansas City S 3s.. Kaneas City 8 5s. . Kan City Term 4s. Lake Shore 4s 31.. LehiVgen 4%s 2003 Long Is deb 5s 34. L & N 4% 200 Louis & Nash 5s B. Louis & Nash 5%s. Man Ry 1st 0., . Market St 7s 40, Mil £ Ry & L 5% 61 Minn & StL ref 48 Minn & StL cn 55. . M St P& SSM 6%s. M & T st 4s M K & T adj 5s. MK & T prin 55 A. Mo Pacific gen 4s. Mo Pac 6s A 65. Mo Pac s F 77.. Mob & Ohlo 4% 77 | Mont Trm ref 5s 41 Nassau El 4s51... New Or Term 4s. ., N O Tex & M5s A NOTex & M5sB.. N ¥ Cen gen 3%4s.. N YCent4s98..... NYCrrimaks N Y Centrfss. N Y Cent deb 6s... NYC&SULGSA. New Haven 34s 56 NY NH&H db 4557 NYNH&H4las NY NH&H ev db 6s NY NH&H clt 6s.. N Y Oni W Ist 4 NY O&W gen 4555 N Y Hys6s65..... N Y StateRy 4%s. NYSlateRy 6%s 62 - X BT T Nor & S gen 5s 54. Nortolk & W cn 4s. Nor Pae 3s 2047... Nor Pac 4155 2047, Northern Pac 58 D. Norirern Pacr 168 Ure Short Loofs s, Ore Short L 5s gtd. Ore \Wash Ist 48 Pennsyi zen 4%s. . Cenusyl gen 5s. Peansyi o3 64 - Sme | Pennsy o 7s | Peoria & I3 1nc 1., [Portih p o4z, N cen 4lps.. Vest el 43 .. 2 d CasHl. PAKN Latas, ANz, 31 | St LS e s SULSEpisA SUL &S KT 4128 78 SUL &S K prin bs StUP & KOShL 448 St P Un Depbs. . San A& Arn P4s.. SeabA L ad) b5 1949 1 Seab A L con bs. . SB All FFla 6535 A 4,,| Sou Pac 4s 29 Sou Pacific ref 4s. . | Sou Puc 4 s rets Sou Ry sen 4s. ... [ Son 1ty eaams <. ne | FexArk 1°S 5 Y%s 50 ‘ Lex & ac as s 18779 | Third Ave ref is 60 Ihird Ave ad) o8 Ution Pac 18t 4s. . Union Pac 151 rf 45 Cnion Pacinc 43 68 U'n 1'ac 4 4= 67 Virzinia Ky 18t 58 Va Ry & P os.. W bash 41,578 rets Wabash ISUbS Wabash g3 15.. Vioest Maryiand ¢s. West Md 5% 77, Western Pacitic by West Shora 4x 2361 Wis Cen sn 4s 49 100 98 1035 80! 80 821 99 105 92 86 97! 75 100 9l 98 99 99 100% 106 107 100 11 1024 103 X0 987 89 89 9314 5 931 987 1015 10178 10414 1094 924 10314 947% 94% 99 91 9914 97 1% BTy 108 105% 10156 9915 991, 99 1021 116 881, 1031 1007 1080 99t 963 947 102 1044 904 923 904, 86% 831y B0d 945 1024 111 106 13 9814 104 1081 1120y 26 70 891 99 91 100% 98 1033, NN 80 Slik 9915 105 92 861 9T 10315 10012 10814 991, Yo 941y 102 1041 903 923 0 8614 834 801y 941y 1021 111 106 13 9814 104 10814 1121 26 70 891 99 9L 1005 98 4 103% e B0% 80 W 8Lk % 994 105 93 « Bbh 9T . e T5'% 49%, TBlg 995 9015 98 99 99 100% 106 Y% 1074 69 9Tk 10t 14% 484 92 . 8714y 104 100% Tt 100% 10715 102 o 1127 103 | B 864 901y 9% 997 1044 1124 I 105 B9 | 101 107 108 (s 103 01 10014 99 X4 [N TN 125 951 1055 B9n 101 107 1031y 1100 102 40y 100 4y 84 924 T 951y 1007 1004 85 Y5 bR1y BRI Byle B9 1000 100 101 1014 9 94in 93t 10512 1001 100% 96ty 91 10212 “ 1034 T4 T9% 98 98 »% 831a FO){EIGN EXCH AfiGEA (Quetations furnished by London. pound i Cuine. Dengo own (Hom.) - uekhot, Giown W. B 2old Sellin or par) 3. Hibbs & Co.) ehoeks today U. S. GOVERNMENT BONDS (Repoitod by 3 fLiberty Fi a5, June ccriy 1sico v, 404 Fou.th 43,5 Oct Govt. 4 15 Oct 15, Goyt 45 D [s June 1 vt from’ e fiem” Peceral FuTtax. 15, 5. 1933, A v mal 1 & W. Seligman & Co.) Maturity. Pric 1947, 98 14 1047 1013 103 5 1 106 103 7-32 an a3 1 e tax both 52 usly STAR, WASHINGTON, NEW ISSUE LEADS TRADING ON CURB William Filene’s Sons Carried Up—Other Prices Ir- regular. BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, September 28.—Initial |trading in the new William Filene's Sons Co. preferred and common stock made up the outstanding feature of the curb market overations today. Public offering of the $3,500.000 6'> per cent cumulative preferred and 100,000 shares of the common was made today, with the subscription price of the former fixed at $104.50 a share and the com- mon at $38 a share The preferred immediately sold at a premium of 3's points and the com- mon at a premium of 16 points from the subscription figure. The urgent demand indicated the highly suceessful offering of the issue. Representing one of the principal retail clothing chains of New England, the company's earn- ings have shown consistent growth over a number of years. Other Moves Irregular. The movement of prices elsewhere was highly irregular. New high records were established in Chegker Cab, Co- lumbia Graphophone, Libbey-Owens Co., National Rubber Machinery issues, Wayne Pump and United States Asbes- tos, but the demand was not of the same character as that which had ac- companied operations for the rise in the recent past. It was evident that a good deal of distribution had takea place and that stocks had been passing from strong into weak hands. Some of the oils were in better de- mand, notably Lion Oil and Rv‘l"l'ma selling ex the quartely 50¢ distribution. Rise Is Renewed. Reactionary tendencies which devel- oped late yesterday appeared to have sufficiently ‘corrected the technical mar- ket position of various specialties to warrant renewed operations for the rise today. New high records. were established in Columbia_ Graphophone, up over 4 points; Liberty Owens Co., up ovér a point at 141, and Checker Cab, up a like amount to 63. The independent oil shares came in for more attention, notably Lion Oil & Refining, selling ex the quarterly 50-cent dividend, which was more than earned in the month of | August. It sold at what was virtually a new high, taking into account the 50 cents a share deducted from the price today Bancitaly ~ shares had _another characteristic sharp run-up following announcement of distribution to stock= holders of one share of the capital | stock of Bank of America for each 40 | shares of Bancitaly held. | Markets at a Glance NEW YORK. September 28 (#).— Stocks irregular; leaders falter on higher money. Bonds firm: money situation mixes price trend. Foreign exchanges firm; sterling higher: Canadian dollar rises to par. Cotton easy: more favor- able weather. Sugar lower: uncettied refined situation. Coffee quiet and irregular, CHICAGO, September 28 (). — easy; forecast rain Southwest. firm; export b ng. Cattle Hogs steady to higher. Coffee and Sugar. NEW YORK. September 28.—Coffee: December, 16.08; January, 15.85; March, 15.56; April, 15.42; May, 15.28; July, 14.95! September, 14.75. Raw sugar: October, 2.08; January, 2.11; 22; July | Wheat Corn steady. 1.95; December, March, 2.15: May, 2.29; September 19"9. 2 SHORT-TERM SECURITIES. (Reported by J. & W Seligman & Co.) Bid, “Ofter Alumizum Co. | Amer. ‘Tel. & T { Anaconda’ Cobper | Balto, & ohio. ¢ of Amer. at "Ry snadian Nor. Ry Co 4.5 1035 Chesa. & Ohio Ry, Co. 4's 1930 | Columbia Gus & Eiec. | Cudahy Packing Co. 5 | Duquesne Lizhting 41 Edison Elec. 1l Bos | Erie Rwy Co 7s ‘1930 Mot. Accep_Corp Pet " Corp 55 1 Goodyear T. & R_%s 195 | Grand Trunk ‘of Canada 65 1936 1 [ Guit o of penna 5 Hamble Oil 55 10: Co 4! 19¢ 418 1930 10024 1017 10544 10744 rezon Short Line g Bure 0u°Cor. 5155 1931 iell Union Oil G Sou. Prc Std. Oil New b L., Ir. Mt & ‘Co 5% 1932 Unwon_Oil Co of Calif U. S. Smelting Co. 505 1 Western Electric Co. 55 1944 | Westinghonse E. & M. 55 Wheeling St. Co. 5'05 1048 TREASUR‘I CERTIFICATES. by J & W Se & Co Jersey S B fois 10301 . 100 1009 | 5 ; 32 092 99 2 091 9 Buneor Hy Bloom'dale Bros pf Boston Edison Elec DL &WRR | Do" Bhe" Wks Lid Elec Pow & Lt Oct 10 Nov 1 Oct 15 Nov 2200060 Nirt Shops 8 S5 Ine |'New Jersey Zinc Pitts & W Va Ry.. 5150 50c 50c 50¢ 50c s Sierra Pac Eiec.! D" pt iy Steel Co’ of Can’ Lt 3175 Do pf 173 U8 Ind A NE Do pt A Do pi B ohol Co...B i Initial. Colon Uil 1st pf Meial & Mining M B bt A Increase. Liquid Carbonie a1 Resumed Byrnsdgll o' corn B0 Stock steel o Interim. | Lover Bros Lid Due Nov on Dite Nov. omit fed Due Nov. 1 oni Due Nov. L cmitted Tik Rubher 1st pe.sL7 Do 1st pf cov ...51.75 Do od pf.. $1.7 ed Nat. Rudiator pf....§1 Thomas (Richard) D. C., FRIDAY, SEPTEMBER 28 1928. NEW YORK CURB MARKET Received by Private Wire Direct te The Star Office Following is a list of stocks and bonds traded in on the New York Curb Market today: Sales INDUSTRIALS. in hundreds. High. Adams Millis. 1 Aero 17 Aero Sup M! B 1Ala_Gt South 8Acta Rms Co.. 2 Allied Pack 1 Alpha Port Cem. . 2 Alum Co Amer pfd. 13Am & For Pow War. 5 Amer Arch Co... . 5 Amer Br Bov EI F... 4Am Cyanamid B. 61 Amer’ 6 Amer 2 Amer 7 Amer 3, Amer 26 Amer 13 Amer 83 Amer 20 Ravon Brod il 19 Roll Mill... 6 Amer Sol & Chem' 4Amer S & C p prd. . 8 Amer States Sec A 5 Amer States Sec B! 5Amer Sta Sec war. 8 Amer Superp A 3 Amer Superp B!l 3Anchor Cap wi 1 Ancher Cap pfd 1 Anchor Post Fence... 2 Anglo Chil Nitra. 2 Appon Co pid. ... 1's Armstrong Cork ":ll 12Asso’ Dye & Print.. 6 Asso Gas & El xd 232 Atl Frui & Sug 1 Atias_Plywood 7 Auburn_Auto Co . 6 Axton Fisher A . 3 Bahia Corp 13 Balab & Katz Vic 278 Bancitaly . v 14 Bastian Blessing 1 Benson & Hed ‘pfd 2Bird Grocery Strs 19 Bliss E W . 2Blum S ... 5 Blyn Shoes Inc 16 Bohn Al & Br 1Brill Corp A 12 Brist Myers . 5 Brit-Am Tob B ' 10 Brit-Celanese Ltd 14 Bklyn City RR 5 Budd_Mfg . 1Buf Niag & E B 1Buf Niag & E 1Buf N & E P Bullard Ma T xd Campbell Wyant . 45 Can Marconi W 4 Caterpil Tract 1 Cavan Dobb pfd . 7 Celan Cor Am . Celluigid Co n 4 Cent Pip Cor. 1 Cent States Ei 1. Cent Sta El pfd .. 6 Charis Corp .. 186 Check Cab Mfg 1Chi Nipple A 1, Childs Co pfd . 16 Cole_Palmol P i, Commonw Ed .. 6 Cons Auto Mer ' vie 1Cons Auto Mer p{ 8 Consol Film 3 Consol G Balt " 1 Copel Prod A ... 2 Courtlaulds Lid § Guneo 2 Zurtis Pub: 0] 32 Curtis Fly Inc .l 2 Curtiss Aero EXp 3, Deere & CO ... 29 De For R C . il Det B4 is Wi 8 Dochler Die C 31 Dubilier C & R %, Dyke Pow .. DU Pont Mot ! 61 Durant Mot 1 Durh Dup p pid "’ 74 El Bond & Sh Cor. .. 26 El Bond & Sh ris wil 2El B & Sh Co pfd 19El Invest Inc 4El P & L optl war. . 3 Elec Shovel C pt pid 10 Evans E S 5 4 Evans Wall Lead. 12 Fansteel Prod 1Fedders Mg ALl 1Fed Metals ctf .. 5 Federal Water A.. 42 Fiat_deb rts 83 Filens Sgns... . 8 Filens Sng bid " 14 Firestone Tire. 1 Forhan Co A 1 Foundation For Al 67 Fox Theaters A..... 26 Fox Theaters rts wi.. 7Frank H H Mig Co.. 1. Frank H H M C ptd. i Freed Eisem R C.... %3 Freshman _Cha: s 1 Galesburg C & D.... 8Gen Am Tank ris wi 1Gen Am “Inv Laund M Pub Ser pid len Alden C 16 Gobel A 1Gold Seal . 3 Golden Sta Milk .. 2 Goth Silk Hose ris ‘l 37 Goldbers fil‘r' 21 4 Green! Tap & Die... 1 Hall Lamp P 8 Happin C St A"l 10 Hazeltine Corp 29 Holland F’\ n 9 Horn A 2 Horn C pid..... Horn ‘( H.nd oo ZGS H) rade Food...... -l X\. sur’ Co * 5 Tasur Co N A cash 2 il Prod 5 Intl Prod pid. 20 Intl Saf Raz B 3 Intl Saf R B rts (‘d%h E tern Util B pid. . K C PS vtc pfd_A... <imberly Clark ... Kreuger & Toll wi... 2 Lackawan Sec . lm\n Y‘wmd & M fcou Real Did 2 Leh Coal & Nav Libb Owens ‘ih Gl © \\'Arr Lond B Mavis Bottling .. & Robb pi wi 10013 49 Hid Pow deb ris. ¢ Drop Fora Al Municipal Serv... Anrphy G C, ¢ 'El Pow A Food Prod B.... eather Nat Bub Ser A Pib Sor T ; at Theater Sup At Trade Journal el Osear 5 chi Carp eifs wi {sner 15011 Nov iNeve T New Eng P Newion Ste N Y _Hamt i N Y Tel Co ofd:] North Amet North Am Ulthty Northe Pow....... Nor Sta P A xd.. Northwest Enere Pend D 3 3 Penn Ohio Penn Ohio rts Wi Penn Ohwo Rd war Peon Prop Fiieln D P phelp Dogwe . Picl n.-‘.; Co pfd . 1914 Piggly Wiggly........ 407a Piag Wige W A 30" 3 Piitey Bocws PN 97 Piish & Take Piits Pl Glass Pratt & Lamb Peop_SilK Hos Pue S P & L Pig SP & Lpfd .. Pug S P& L'pfs7d 98 Pyrene Mfg Rainbow Luminous . Reynolde Meial 2 Hovnolds Metal Ry hest 08 peal As'n_BEiyn Rep Mot Trk Ve 2 Pich Rad Ross Gear & Tool RO Steres Ruiheroid Mil prd’ ont war 1< 2d pfd Paper Gracery Schulte United .. hult Uni ptd 3", nan Bros r Prov Stores v Bl novie pfd Peny sheafter St Hoop . Gel vte o Mfw th Co (A O) 3 Southeast PSL n xd 4 Southe P & L' tre xd 3 Southe P & L war.. ih_ Ashestos C'E B pfd South._Coast 3 Southw Str 1Southw Stre’ ‘pid; 1 Soald A G & Bor Snapish & ks Within e Kol M Stern pidt 6212 Liig8% 21t Py 293,28, EREPE s gESus! SLEs 2Spleg MStern s 6d., 0 00 90 i8is G & E pr prd Zdag81a 10930 10804 5 Stand Pow & 4913 2 Stroock Co 11 Stutz Mot 5Swed Am 11 Swift Int] 712 Swift & 1Tampa EL n 1 Thomps Prod ‘A 237 Timken Det Axle 7Tishman Reaity 7Tob Prod Export 16Toddy A ... 10 Toddy vic' B! 9 Transcon Air Trsp’ 4Trans Lux Pict . 1Tulip Cub Corp . 2Tung Sol Lamp 2 Tung_Sol L'A . i Biscuit A Elec bond ln’ & Found nl«x 188 Uni 49 Uni 1Uni i 22 9Uni Plece Dye ‘Wia: 0% W ptd: 103 - Asbestos. ... - o S ad. 1 P & L vic B... il Shar.. aitt & Bond A. . ait & Bond B. algreen . valgreen War vayne Pump. 6. esson O & 8'vic est_Auto Sup war. ni Sew M deb rts, flcox’ Prod A. ire Wheel Corp yoodworth Inc. 3 Worth Inc A. 5Yel Taxi C N ¥ n. 7 Young Spr & Wire. 1Zenith Radio.. Sales in MINING STOCKS. hundreds. 50 Ariz Globe C..........0T 2 Carnegie Metals.. 3 Cent Am Mines. ... 10 Com Tun & Di 37 Cons Cop_ Mine: 2 Cresson_ Gold_x 5Eng Gold M Ltd 10 Flor Goldfid M. 36 Golden Center M 10 Golden Cycle M 10 Hollinger ... 33 Hud Bay Min & Sm. 11Iron Cap Copper 11 Mason Val ....... 11 New Cornelia 35 Newmont Mining Xd. 1; N J Zine...... 2 §N Y & Hond Rosar. . 8 Nipissing xd 102 Noranda ... 47 Ohio Cop ' 15 Premier Gold M. 10 Red Warrior 50 San Toy 91 Shattuck D 13 So Am Gold & P 1001 St Anthony Gold, 2 Tech Hughes ...... 22 Uni East Min. 1101 16 Uni Verde Est. 3 Unity Gold . 19 Wendon Cop Salesin INDEPENDENT OIL STOCKS. hundreds. 78 Am Con Oilfids 31 Am Maracaibo C 8 Argo 94 Barnsd, deb 'ris’ 2 Carib Synd ..... 40 Citles Serv n 2Cit Serv ptd 13 Columbia Svnd 52 Creole Snvd ... 10 Darby pete xd . 1Derby O & R pfd 11 Gulf Oil Pa . 3 Houston Gulf Gas. .. 125 Intercontl " Pet 1Kirby Pet 15 Leonard Oil " 28 Lion Oil xd ' 2 Lone Star G De 234 Magdal Synd 9 Mount Gulf xd 15 Mount Prod .. 1Nat Fuel Gas Xd 5 New Bradford O xd.. 4 New Mex Ariz Land 5 Pandem Oil 419 Pantepec Oil * 2 Pantepec Ofl 7 Relter-Foster Ol 8Salt Ck Cons . 48alt Ck Prod . 91 Texon Ol & Land 3 Tidal Osage O.... 405 Venezuelan Pet .. 1l 1Wilcox O & G n Sales in STANDARD OIL 1SSUES AND units. 200 Buckeve P L 3900 Contl_Oil 100 Gal siz Oif. 10 Gal § O pfd i casl 1100 Humble 0 & R 40T PL .- 1000 Imp o (o3 100Ind P L . 2900 Inter Pet’ Ltd.... 300 Ohio Ol ... 800 Prairie 0 & G 150 Prairie P L. .11l 300 South Penn O.... 1 22008 O Ind 13§ Q Kansis 7008 O KY. 6508 O Ohio 2300 Vacuum Oil. 11 Sales BONDS. in thousands. 34ADIIDI P & P5s AL . 4 Ala Pow dlis s 10 Ala Pow Ss ...l 10 Allied Pk 6s 21 Alum Co Ame; IO g235gcadaqanag 203 asts B ca B e séssssis 68, 18% 7 67 17% 7 m Con Alc 6 A . m Gas & EI 55 . m Pow ‘& Lt 6s m Roll Mili 55 ... m Seatiny 6s ... 13 Appal El Pow 55 . 12Ark P & L 3s .. 30 Asso Dye & Pr 65 Asso Gas & El 213 Assoc Gas & El41:s 2 Atl Fruit 8s ... 10 Bates Valve Bag s< 10 Beacon Oil 65 2 Boston & Me 65 M . 58 Boston & Me 55 AC.. 10 Boston Cons Gas 55 sgan cem Ltd 5is A 2Can Nt Ry 7 1 3-Caro P & L 3 2Cent At St Ser. 8 Cent States EI 5s 2Chi Pneu Tool 5 3 Childs_5s. . 21Cinn G & E 45 A 1 Cincin st Ry 5is A’ 5 Cit Serv 5s. Pip £ Cit_Serv Pow 3158 7Cl Term Bldg 6s.... 64 Colon Oil 6s 1 Command Laral Gsnmmnnw ) G &E Cudahy 5.5 Den 4 Salt Lk 6 Det. Ciiy G 6s A 6 Det Intl 6ias ... 1Det Intl 7s .. 6 Dix Gulf Gas ' 19 Empire O_& R 6 Fed Wat Sery 2 Firest Cot Mil 55 . 2 Fisk Tire 5las . TFla P &L S5s i 2Gal Sie Pet 76 30, 13 Getimeau Pow 8 52 Gatineau Pow 6s . 2Gen Rayon 6s 2Gen Vend 6s 3 Georaia Pow 15 Gulf " Oil Pa_5s ‘47 3 Gulf States Ut 55 A. 2 Hood Rub 5! 1 Hood Rub 7 6 Houston Gulf G'6 11 Houston Gulf G 6s A 2 Hverade Food 6s. 2 321Ind Oil & Gas 6s. 2Int Pow Sec 15 E 5Int Sec Amer 1Intersia Pow 3s 3 Interstate Pow 6 10 Tnvest Corp Am 35 1Iovn Neo L &P 5 A& 33 Kelvin Corp 6s.... 2 Kendall Co 1.5 A Kop Gus & Coke 55... 17 Lehigh_Pow 65 A ... 1 2 Libby McN & L_55. 7 Lone Star Gas 5s. 1 Louis Pow & Lt 55.. 5 Manitoba Pow 5las Al 9 Mass_Gas 51.s. 1 3 Met BA Co Pad 5 Milwaukee Gas 4 5 Mont Wer P C 55 A 2 Mont Lt Mt & P 55 A 100 1 Morris & Co 7'.s.. 9 Narrag Co 35 A... 50 Nat Pub Serv 5s, 56 Nat Rub M_6s. 3 Nev Cons Cop 5s. 4 New Eng G&E BNY P LI 9 Niag Falls P 3 Nor Ing b § o5 37 North Am Ed 3 15 Nor States P M 'List Your Idle Property With Us WE have clients wamng for houses and apartments. This is your opportunity to rent your idle property. We need houses and apartments in all sections of the city and suburbs. Don’t delay, list it with us today— phone— Real Estate Loans Insurance FORMER SUBSIDIARIES—STOCKS. 18Y 7 FINANCIAL.™ COTTON PRICES STEADY. Evident | ! Reactionary Sentiment From Favorable Weather Reports. NEW YORK, September 28 (#).— Reactionary sentiment was evident in the cotton market today owing to the extent of recent advances and more favorable weather reports. It was re- flected in extensive realizing combined with local and Southern selling, but after showing net declines of about 25 to 30 points the market steadied on covering and trade buying. Prices were several points up from the lowest in midafternoon. with. the market steady at net declines of 10 to 15 points. EUROPE HOLDS WHEAT UP. Active Demand and Russian Short- age Bolster Prices. CHICAGO, September 28 (#).—Re- ports of active European demand for bread wheat from Canada and for durum wheat .from the United States tended today to uphold wheat values here. The Russian food supply short- age continued to receive attention, and seaboard advices said vessel charters for North American grain were the largest in weeks. On the other hand, Argentine cables intimated that new wheat in Argentina would be available by the end of November. Word that 300,000 bushels of corn had been sold today for export helped to stimulate speculative buying of corn future de- liveries. Wheat closed irregular !; net lower to 1> advance, corn 14 off to 3sa3; up, oats varying from ' decline to 35 gain, and provisions varying from 22 set back to a rise of 20. Wheat, No. 3 hard, 1.18; No. 2 Northern Spring, 1.18%. Corn, No. 2 mixed, 96;: No. 2 yellow, 96a97. Oats No. 2 white, 44a44'%; No. 4 white, 39a No. 2, 1.08%;. 41. Rye, No. 1, 1.1 Timothy seed, 5.30a Barley, 55a70. 5.90. Clover seed, 22.00a30.00. Lard, 11.95; ribs, 14.25; bellies, 15.00. | Erie Names Chrysler. NEW YORK, September 28 (#).— Walter P. Chrysler, automobile manu- facturer, today was elecfed a member of the board of direc of the Erie| Railroad Co. He succeéds George E. Marcy, resigned. Through his election : Mr. Chrysler returns to activity in the | railroad field. He formerly was gen- ! eral manager of the Chicago & North- western. Brokers’ Loans Up. NEW_ YORK, September 28 cial).—The .weekly Federal Reserve statement on brokers' loans today | showed an increase of $54,232,000, mak- (Spe- ! ing a total of $4,524,708,000. Treasury Receipts. were $6.778,497.97; expenditures, $22, 829,214.95. Balance, $248,478,140.93. Rubber Closes Steady. NEW YORK, September 28 (#)— Rubber futures closed steady: Decem- ber, 18.30; March, 18.20; May, 18.40 FEDERAL I.AND BANK BONDS. Special Dispatch to The Star. NEW YORK, September 28— Land Bank 45 May 1958-38.... Land Bank 4s Nov. 1957.37. . Land Bank 4las Jan. 1957-37 Land Bank 4%s May 1957-37... Bank 4%s July 1956-36, Bank 4155 May 19420p32. Land Bank "zs Jen 19430p33. Land Bank 412s J.&J 19530p33. Land Bank 415 J4J. 19350p35. Land Rank 41)s 1956-36, Land Bank 4%4s J.&J 19530p33. Land Bank 4%4s Jan. 19540p34. Land Bank 4%s July 19540034 Land Bank 5s Nov. 1941op31... Land Bank 5s May 1941op31 .. 10 Ohio P 4! s D. 5 0sz00d Co 6. 1Pac G & E 41:5'E. 2 Pac Invest 5. 2 Penn Oh Ed 6s A Ww. 3Penn P & L 55 B '52. 63 Phila E P 51,5 '72.. 5 Pitts Steel 6s...... 6 Potomac_Ed 55 E. 3 Procter & Gamb 41 (2 Rem Arms Sas.. Richfid Oil 1.5 Richfield Pow 3s... St L Gas & Coke 65, Schultz R Est_6s X. Scripps E W 51 Servel o Del 1 Shawin & Shawaheen 7s 2 Sloss Shefl 5. 23 Snider Pack 65 2 Solvay Amer 55 A . 15 Southeast P & L 6s 1Sou Cal Ed 5s '¢4... 32Sou Cal Ed 5s '51. 10Sou Cal Ed 55 52 12 Sou Asbestos_6s 1Southw G & E 5s A.. 9 Staley Mg 6s... 23Stand P & L 65 2Sun Maid_Rais 625 8Sun Oil 5ias 8Swift & Co 3% 4 Texas P & L 5 8 Transeont Oil 9Uni Lt & Rail §Uni Lt & Rail S Rub 5; 2 130 31 B 38 39 e 3h3 o o aaaagaad P Sm & Ref 5i.s. 13 Warner Quinlan 6s. .. 1 Webster Mil 6los. Pow 5ias T4 Wheellng Steel 413s B 8924 Prussia 6s... 12 Berlin 6s.. 5 Bolivia 78 'wi. 5 Buenos Aires’ 75 510 11 Buenos Aires 7'ss. 8 Canca_Val Ts wi 5Cent Bk Ger Sta 6s A 10 Cent B Ger 8t 65 B 1 Cuban Tel 7' 1 Danish Cons 9 Danish_Cons 5128’ 1 Denmark 5'.s.... 40 Dermark 415 3 Eur Mtg & I 1 Fint Mte Bt 22 Gelsen Min 6s s 16 Ger Cons Mun 75, ... 6 Ger Cons Mun 6s 22 Ger Pr & Com 6.5 A 5Intd M Bk Finland 7s 4Isarco Hyd Elec 1s 10 Ttal Superpow 6s ... 2 Jugosl Sta_Mor Bk 75 i Lombard Elec 7s A 1 Lombard El 7s A ww 11 Mansfid M & 'S 7s "41 [ | Treasury receipts for September 26 1 Minas Geraes 6l.s . 10 Montevideo 6s A ... 3 Mor Bk Bogota 75 13 Mor Bk Chile 6s '3i 2 Mor Bk Denmk 5s ix 1 Muni Medellin 7s 1Muni Medellin 615 1Parana 7s ...... 4 Rio Grande 85,100 1Rio Grande 7s ‘67 5Russ Gov 5'us cfs 1 15 Rus_Gov 61us cfs n 1 Saar Basin s ...... 10 Santiago s 2o Serba s B 5 Silesia_Ts 2 Stinn Huzo 7: 3 Stinn Hugo 1Tyrol Hyd Tevs 1 wa '46_wa Elec 7 8Uni Ind 6'as ......0 d—Ex-dividend wi—When issued. n- Nev Ws—With warrants. Main 5027 023NewYork, Ave. and 1237 Wisconsin Ave. * 15 In Nearby Virginia Prudential 51/2% lns\:‘:n:::l::o. | Loans Commonwealth Investment Co. 917 15th St. N.W. Phone Main ml Money Available for FIRST DEED OF TRUST LOANS On Completed Properties and for Construction Use Reasonable Interest and Commission Rates JAMES F. SHEA 643 Louisiana Ave. N.W. | Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit Life Ins. Co. 1520 K Street Main 475 Local Unlisted Stocks and Tonds Bought, Sold and Exchanged BOND DEPARTMENT WILSON REALTY CO., 1036-38 N: Main 7 onal Press Blds. and 7413 INVEST YOUR SURPLUS FUNDS IN OUR First Mortgage Notes —vielding an the investor. trust on_the residential properties unusual return to Secured by first usual high-standard handled by EEVER-MGOSS‘,,,.. EA L 1415 K St. N.W. Telephone Main Ask for Mr. Dean. Mainy| ~ Money to Loan Secured by first deed of trust on real estate Prevailing interest and commission. Joseph I. Weller £ Wask- L & Tray AIR TRIPS Sep— Great Falls, Mt. Ver- non. Arlington and Gettysburg. These His- toric Points of interest from the Sky-Cabin or Open Ship. Experienced Pilots—New Equipment —Safe Landing Field. Travel— Also fast air service to New York, Philadel- phia, Chicago, Rich- mond and other cities. Tariff Reasonable. Potomac Flying Service Hoover Field South Washington, Va. Main 2331 for Reservations Passengers Called for and Returned No loan is too large or too small for us if it is good. We are in the market to lend money on business property, apartments, private dwellings and also for construction. Low Interest Rates and Commission B. F. SAUL CO. Main 2100——— 925 15th St. Buck & Company BROKERS Established 1916 Stocks Bonds Grain Cotton Write o1 call tor weekly market tetter No obligations BUCK AND COMPANY Evans Bldg. 1420 New York Ave. Franklin 3300 Continental Trust Co., * 14th and H Streets Capital, $1,000,500.00 Checking Accounts Savings Accounts Acceptance Cre: Time Deposits Foreign Exchanges Commercial Credits Travelers’ Credits Travelers’ Checques Collections Real Estate Loans Collateral Loans Investment Securities Corporate Trusts Individual Trusts Administrator, Executor Safe Deposit Boxes Continental Trust Co. 14th and H Streets WADE H. COOPER, President Capital, $1,600,900.00