Evening Star Newspaper, October 10, 1928, Page 15

THE EVENING STAR. WASHINGTON. D. U. WEDNESDAY, OCTOBER 10, 1928, PINANCIAEL.” ® 15 CREEN VEGETABLE | o~ oA SUPPLIES GREATER Special Dispatch to The Star. NEW YORK, October 10.—How mun\'! {Kale and Spinach Offered at| FINANCIAL.’ - DOWNWARD TREND | Cox von_BONDS smoce ] IS NOTED IN BONDS UNITED STATES. High- Money to Loan Secured by first deed of tr real eslate. isslon. Joseph 1. Weller 420, Wash. L & Tra DIRECTORS RE-ELECTED. | Stockholders | Show Marked Increase. Directors and officers of the South- | ern Railway Co. were re-elected at the | annual meeting of stockholders vester- |day at Richmond. In opening the| | meeting Falfax Harrison, president, | sald there were 18,280 holders of South- ern stock with an average holding of | 104 shares, comparing with 17,188 hold- Commodity Notes Southern Railway Steel. CHICAGO, October 10.—Some steel producers in this district say that busi- ness at the beginning of the fourth quarter is the best of the year. Recent| advances in bars, shapes and plates by | Western mills has not checked buying. Fruit. women speculate on the stock market? Nobody knows, but there are numbers, | and these are growing steadily. In many a broker's uptown office in New York one the sign “Woman Cus- tomers Only Some women were ve: the recent bull marl (Sales are tn %1 000.) Sales. High. Low. Close Lib3%s... 30 9814 9812 9812 Lib1st4is 22 (011 10031 10031 Lib 4th4%s 252 1013 1011 1013 US3%s43, 11 985 983 985 U S 4s 1944, 10514 10512 105 14 US4Ks52. 78 11026 11022 11026 Atchison adj 4s. Atchison gen 48. .. Atlantie C L st 4s. AtlantieC L et 4s.. Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit Lite Ins. Co. uccessful in One young is re- Convertible Issues, J Grade Rails and Public Utilities Drop. BY CHARLES F. SPEARE. Special Dispatch to The Star. NEW YORK, October 10.—There w a generally reactionary trend to today' bond market. Not only were prices for convertible issues lower in most cases, out fractional declines occurred in high- ., grade rails and public utilities and in a number of foreign bonds. The downward direction of the mar- ket was influenced in the case of the convertibles by a desire to take profits or to failure of negotiations on which advances had been based; also to a degree of staleness in investment securi- ties. Andes Copper 7s, which were around 170 1ast week, declined 2 points, rallied and then reacted early today. ‘Ana- conda Copper f7s opened fractianally higher and lost their gain with “seller” bonds offered 2 points under the regu- lar market. Anglo-Chilean 7s were off 1'5 points on nominal transactions and Public Service of New Jersey. 428 were down a point. The most extreme change is that occurring in Pressed Steel Car conver- tible 5s since Monday, when they sold at 117. Today they broke through par. At the same time the stock into which they are convertible has declined about s 7 points with the denial of the rumored merger. Dodge 6s sold a point higher at 107 and then reacted. ~As they will even- tually be redeemed at 110, there are likely to be rapid up-and-down move- ments until official action is taken to Tetire them An exceptional movement was that in Buffalo, Rochester and Pittsburgh Con- solidated 4125, which rose over 3 points on the announcement that control of the road had passed to the Van Swerin- gens. This assumes that it will develop a larger earning power and that there- fore the bonds which sold at 9015 early & this year should have a better mve&hJ ment rating. Not all of the advance was held to the closing. Among the special issues, Reming- ton Rand 5'>s, National Radiator 6s, Lorillard 5s, Eastern Cuban Sugar 7!2s and United States Rubber 5s were heavy. Local tractions were up a quarter to 1'2 points. In the foreign group'a decline of about a point in Chile Mortgage 635 | was the feature. French 7s, after touching 110 last week, were below 108. Ttalian issues were lower except the industrial convertibles. A subscription to the nmew Treasury , 4%s exceeding three times the amount offered was anticipated when the books | closed yesterday. Government issues were steadier. New Bond Issues Bpecial Dispatch to The Star. NEW YORK, October 10.—A new issue of $6,315,000 Province of Alberta 30-year 41» per cent gold bonds, matur- ing July 16 and October 1, 1958, is be- ing marketed today by Wood, Gundy & Co. at 94; to yield 4.85 per cent. Offering is being made today of a new issue of $4,500,000 Consolidated Gas_Utilities Co. 6'; per cent con- vertible gold debentures, series A, due June 1, 1943, by G. E. Barrett & Co., \ about 6.60 per cent. Mackubin, Goodrich & Co. offer to- day an issue of $3,000,000 National Union Mortgage Co. 5': per cent gold bonds due October 1, 1932, to October 1, 1938, at prices to yield from 5.75 to 5.875 per cent. These bonds are listed on the Chicago Stock Exchange. New financing for the $75,000,000 Shaker Heights Development in Cleve- land is expected in the form of an offering of $5700,000 of the Van Sweringen Co. first mortgage and col- lateral trust sinking fund 6 per cent gold bonds. » CREDIT EXPANSION HELD CLOSE TO LIMIT By the Associated Press. NEW YORK, October 10,—Charles E. Mitchell, president of the National City Bank, said today that any student of the situation must conclude that credit expansion resulting from increasing stock prices is fairly close to the safe limi it. He was of the opinion, however, that the situation would ultimately adjust itself before reaching the danger stage. He saw no immediate prospect of lower money rates. He did not expect the re- turn gold movement to reach large pro- portions, and predicted that such gold as may be attracted by the high money rates will flow back when the rates re- turn to their normal levels. Mr. Mitchell returncd early today from a trip to Europe. “Conditions in Europe are progressively good,” he said, “although not uniformly so. The readjustments in various countries as 4 to stabilization is practically over, and industries are adjusting themselves to the new levels. \ TO SUPERVISE ACCOUNTS. BALTIMORE, October 10 TSpecial). ~—The Baltimore Stock Exchange has taken steps to exercise in some form supervision of the accounts of members and has called upon those holding seats on the exchange to make sug- gestions, The tentative plan suggested is as follows: “That each member or mem- ber firm, except as exempted, shall fur- nish to the business conduct committee on or before January 31, 1929, and thereafter at least once a year, an au- ditor's certificate, which shall state in substance that the firm is solvent and that all securities held by them in safekecping for customers have been checked and found correct and proper- 1y set aside. The name of the auditor is to be selected by the member of the firm and submitted to the business con- duct commitee in advance. The latter committee reserves the right at any time o disapprove of the auditor. The date of the audit is to be selected by the auditor.’ T. 8. CROP ESTIMATES. By the Associated Press. The condition on October 1 and in- dicated production of corn by impor- tant producing States as announced to- day by the Department of Agriculture were: Pennsylvania, condition 78 and production, 54,107,000 Ohio, 78 and 136,506,000; Indiana, 79 and 173,022, 000; Tliinois, 85 and 377,610,000; Mich- igan, 77 and 48,990,000; Wisconsin, 87 and 86,912,000; Minnesota, 83 and 147, 796000: Iows, 93 and 493,611,000: Missourl, 84 and 196,227,000 South Dakota, 65 and 94,792,000 Nebraska, 63 and 195,202,000; Kansas, 82 and 181, 373,000: Kentucky, 66 and 73,570,000; Oklahoma, 78 and 72,119,000; Texas, 12 and 101,462,000 The indicated production of Spring wheat by important producing States is: Minnesota, durum, 4,896,000 bushels; other, 18.743,000. North Dakota, durum, 66,715000; other., 74.158,000. South Dakota, durum, 13,004.000: other, 20,- 528000, Montana, durum, 270.000; other. 63,085.000. Idaho, 20,064,000 Washington, 12,104,000, ‘Workers Get Indemnity. PARIS (#)—Discharged workers now have a legal right in France to an in- demunity based on their length of service, FOREIGN. Argentine 5s. 2 Argentine 63 Ju 69, 15 A B Australia 42485 Australia {Australia 5s 1957., Austria 7 Bank ofChile 6% Belgium 6s. Belgium 6%s. Belgium 7s 1955. Beigium 7s 1956. Beigium T%s. Bordeaux Brazil 6145 1926... Canads 58 1931 Canada bs 1952 Canada 5%s 1929 Chile 7s 1943. Chinese Gov . Colombia 6s Jan 61. Copenhagen 5s ct.. Cuba 5% Czecho Denmark 6s.. . Dutch East 1 6s 47, Dutch East | 6s 62 El Salvador 8s 48.. Finland 5% iinland s £ 109% 105 108% 104 110% 9114 97ty 100% 108 114% 96 107 104% 108% 108% 109% 9014 971y 1004 107% 113% 96 106% 991 103 Norway 6s 1944.... Norway 6%s 1952.. Orlent Dev deb Poland 7s (rcts). Poland 8s.... Porto Alegre 8s. Setne 18°42... Serbs Crot Sld 8. Soissons 6s. Sweden 5%48. 103% 98% 90% 118% UtdKingdm 6%s 37 104 Yokohama 6s wi.. 95% MISCELLANEOUS. Ajax Rubber 8s. 1 106 106% Am Cotton Oil 5; 99 99 Am Smit&R 1 Am Sugar Ref AmT& Teltr . 1076164 19 93% 22 93% Associated Ofl 14 102% Barnsdall 6s 1940..193 127 Bell Tel Pa5sC... 6 Bethlehm Stl pmbs 10 Beth Steel r£ 65.... 3 1 Beth Steel 5%s 63.. 14 Bethlehem Steel 81 Bklyn Union 5%s.. 1 Certain-Td5%srcts 216) Col Gas&El deb 6 Cuba Canecv 7s. Cuba Cane 88, Cuban Am Sug Fisk Rubber §s.... Gen Asphalt 6s 36.. Gen Mot Ac Cor 6s. Hoe & Co 6%s. Humble Oil 68..... Humble O & R 6%8 Illinots Bell 1st 6s., Illinots Steel ¢ % Indiana Steel 5 o Int Tel&Teleg 4 Kan City P & L b: KanG & E6862... Lackawanna Stl - P T 1= T - Mor's&Co 1st 4% 8. N Y Edison bs 44 N Y Edison 6% » cRHABRXEDRONS & 111 100% 101% Nor States Pow 6s.. Paclfio Gas & EI bs. Pac T & T b8 52, Pan-Amer Pete 6s. 1947 Plerce-Arrow 8s. Posta) Tel & C 6% 13 Pressd Steel Car 55 91 Public Service 4%8113 Punta Alegre T 12 RemingtonAr Rem Rud 6% 8 war. Sinclair Crude 6%8 Sin Pipe Line & Skelly Ol 5%s. South Bell Tel b Southwest Bell 6s.. Stand O1l N J 68 46 38 SugarEstOriente7s 14 107% 100 98 Utah Pow & Lit bs. Vertientes Sug 7 Warner Sug Warner Sug West Kleo 6s. Westn Unlon Westinghouse Willys-Ov 6% Wilson & Co 1st Yngata SAT 6s w i, 17 103% 102'% 101% 101% 1004 1004 1004 105% 1085 1154 110% 105 1004 9614 9614 100 1081 101% 104 100% 101% 3 109% 105 114% 96 10684 99% 103 97 99 101 95 96 101% 100 4+ 100 9% 100% 4 10415 93% 103 97 100% 1034 1034 102 99Y: 9945 103% 9018 106 B3 88% Brdway & Tth Brookiyn Blec 6%8 Brooklyn Klev 6148 Bkivn Mannat & Buff R & Pitt 4148 Can Nat 4%s 30... Can Nat 4343 64 Canad North 78 Canad Pac deb 4s. Can Pac 4% 46 Gentral Pacific 4 Cent Pac 18t 68 40, Chesa Corp bs w i Ches&Ocvahs.. Ches & O gn 4y Chi & Alt 3% ctfs CB&Q4}4s71B.. Chi&E L1l gn 8s 51, Chi Gt West 4559, CM&StPgnsy.. CM&SLP ret 414589 11 ChiIMIISP&Pachs 15 40 CMSP&Pacad) 5503171 Chi NW 4148 2037. 16 ChiR1&Prees.. 14 Chi Union Sta 5s. Chi & W Ind cn 4s CCC & St L 6s D. Clev Term 6348. ... Cuba RR Tls. Del & Hud 1st rf 4s Den & Rio G cn 4s. D Rio G West 68 Erie 1st cons 4s Erie Gen 4s. Erleconv 4s A Erieconv 4s B. .. Krie conv s D.. Eriscvt 6867 w1 rie conv ext s irle Genessee R Fla Bast C6s 74 Gr Trunk stdb 6 Grand Trunk 78 Great North 5%: Great Nor gen 7s. Green B & W deb B Hud & Man aj 6s.. Hud & Man ref bs Il Central rf 5s 55. 111-C-C- StL&NO 68 Int Rapid Tran 6s. 44 Int Rap Tr bs stpd. 125 Int Rapid Tran 6s.. 34 Int Rap Trans 7 14 Int & G Nor 1st 6s, Int&GtNoradj és 52 Int Rys C A 5872.. Int Ry C A 6%sret lowa Cent rf 4s.... Kansas City 8 Kansas City 8 6i Kan City Ft S 4s. Kan City Term 4s. Lake Shore 4s 1., Lehigh Val en 4s. . LehiVgen 4%4s 2003 Lehigh Val 6s 2003. Long Is rf 4s 49 Louis&Nash un{ L &N 4352003, Man Ry 1st 90 Market St 7s 40. Mil El Ry & L 58 51 Minn & StL ref 4s. M St P&SSM cn 48 M StP & SSM 6% MK&TprinbsA. Mo Pacific gen 4 Mo Pac 5s A 65. Mo PacbsF 77.... Mob & Ohlo 4%s 77 NRM4%s'51asst NOTex&M5sA. - N YCentLScl3%s = e » . B T -1 L = R e Y = L= T T ISy YW&B4KS... Nor & S gen 68 54. Norfolk & W cn 4i Nor Pao 35 2047 Northern Pacific 48 Nor Pac 4% 2047 Northern Pac 68 Northern Pac r Ore Short L rf: Ore Wash 1st Pennsyl con 4% Pennsyl gen 43 Pennsyl b Pennsyl Pennsyl 6%s. e ~s2 Reading J C 4s 51 RIArk&L 4% St L IM&S 43 29 StL&SFp)4s StL&SFr4%sTs StL &S Fprln bs. . 15 Tol Tr L&P 5%s 30 Union Pac 1st 4 Union Pacific Va Ry & P bi Whash 4%s'78 rets ‘Wabash 2d & Wabash 6 %! West Maryland West Shore 4s 2361 7 = o 8844 110% 121% 101% 105% 100% 90% 102% 100% 103% 80% 98% 99 88 104% 8 103% 108% 109 925 907 893, 854 R0% 83 831y 8% 9oy 1025 1% 85 106% 112 10818 95 100% 68 984 102t 15 1004 904 1027 100% 108% 80% 98% 99 87 100% 904 102% 100% 103% 80t 98% 99 87 SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co.) Alum. Co. of Amer Tel. & Angconda_Coppe: Balto. & O Batavian Pel Bell Tel. of er. 55 1952 el Oo, 4o 108i.. Qudany Packing Co. 518 1937 Duauesne Li hting 4'as 190 Bdison EL 1. no‘-;,on'un gt Gen. Mot. Accep, 4 | Gen: Pet.” Corp. U. 8. Smelting Co. | W 1004 ure orp. 8hell Union Oil Bouthern Pac. R. R. ndard Oll N. Jerse: 8t. L., 1. Mt. & So. R: Swift’ & Co: 55 19 Union Ol Co. Calif, ern Electric 53 1947, R. 45 1029.°°"0 y 58 104 . 45 1926 45635 §158 1935 Co. 85 1944, Westinghouse E. & M. 55 19 Wheeling Steel Corp. 5%s 1948. Bid. Offer. 10214 9015 100% % 103 FOREIGN EXCHANGE. (Quotations furnished by W. B, Hibbs & Co.) Nominal London, pound franc. ... ®old Selling checks value (or par), today. 0! $1 a Bushel in Whole- sale Market. Greens on the country line this morn- ing were more plentiful.and cheaper. Kale and spinach were offered at $1 a basket, turnip tops and mustard salad selling at 75 cents and $1. Dealers reported a slow demand for the several varieties of greens. the demand for other vegetables also being slow. Stringless beans continue in light supply, many of them showing evidences of having been attacked by the beetle, and the demand for them was not strong at §2.75 and $3 a bushel. Lima beans also continue scarce and high, dealers quoting them at 65 and 70 cents a quart, the unshelled stock selling around $4 a bushel. Butter beans were offered at 50 cents a quart. Potato Supplies Moderate. Moderate_supplies of potatoes were reported, a ‘moderate demand continu- ing the market steady. Pennsylvania potatoes, 150-pound sacks, were quoted at $2 and $2.15, No. 1, East Shore of Virginia, barrels, selling ai $2.25. Nearby potatoes were quoted at 75 cents and $1 a bushel, sweet potatoes selling around $1. ; Tomatoes were more plentiful today. There were many not of the best qual- ity, however, and_the seconds or culls sold as low as 75 cents and $1 for 2-peck baskets. Best stock sold at $1.50 and $2. Liberal receipts of carrots from Cali- fornia were offered at $2 a bushel ba ket, the vegetable, according to dealers, being the most attractive ever seen in the local market. New York onions sold at $4 for 100-pound sacks. Dealers reported liberal receipts of choice and attractive fruits from vari- ous sections. New York quinces were offered today at $2.50 a bushel, the few remaining peaches selling at $2.25 and $2.50 a bushel basket. Cantaloupes from the West were fair- ly plentiful and dealers had heavy of- ferings of honeydews, honeyballs, pears, apples and grapes, prices being about the same as prices reported the pust several days. Eggs continued scarce and high. The butter market continues firm and prac- tically no changes in prices of meats and poultry were reported today. Today's Wholesale Prices. Butter—One-pound prints, 481524914 tub, 47158481 ; store packed, 30a32. Eggs—Fresh selected, 40a42; hennery, 52; current receipts, 40; storage, 35. Poultry, alive—Turkeys, 30a35; fowls 28; Spring chickens, large, 30a32; me- dium, 30a32; small, 30a32; Leghorns, 28a30; roosters, 19a20; keats, young, 68a80; old, 30. Dressed—Turkeys, 40a 45; fowls, large, 33a35; small, 30a32; Spring chickens, large, 40a42; medium, 38a40; small, 38: Leghorns, 37; capons, large, '42a45; small, 30a35; ducks, 20a30; { keats, young, 80a1.00. Meats, fresh killed—Beef, 22a27; veal, 25a26; lamb, 25a26: pork loin, 26a28; fresh hams, 25a26; fresh shoulders, 24; smoked hams, 27a28: smoked shoulders, 21a22; bacon, 22a24; lard, 15%5. Live stock-—Calves, 15'2a16; Jambs, 14. Fruit and Vegetable Review. The daily market report on fruits and vegetables (compiled by the Mar: ket News Service Bureau of Agricul- tural Economics) says: Apples—Supplies liberal: _demand light, market steady; boxes, Washing- ton, extra fancy Delicious, medium to large sizes, 3.50; combination extra fancy and fancy Winter Bananas, me- dium to large size, 2.50; extra fancy Jonathans, medium to large size, 2.50a 2.75; bushel baskets, Maryland and U. 8. No. 1, 2'% inches up, De: icious, 1.7582.00; Grimes, mostly 1.25; unclassified, various varieties, 213 inches up, 75a1.00. ‘Cabbage—Supplies moderate; demand light, market steady: New York, 90-100 pound sacks, Domestic, round type, 2.25a2.50; mostly 2.50. Celery—Supplies light; demand light, market firm; New York, 2-3 crates, 2.25a2.50; few fancy higher. Grapes—Supplies liberal; demand moderate, market steady; California, lugs, Flame Tokays, 1.25a1.50; Dela- ware, 12-quart climax baskets, Con- cords, 50; New York, 12-quart climax baskets, Concords, 57'5a60; 4-quart climax baskets, Concords, 20; Dela- wares and Niagaras, 18. Lettuce—Supplies of Western stock moderate; demand light, market steady; California, crates, Iceberg type, 4-5 dozen, 4.7585.00; Colorado. crates, Ice- berg type, 4-5 dozen, 4.25a4.50. Eastern stock: Supplies light; demand light, market steady: New York, 2-dozen crates, Big Boston type. 1.25a1.50; some ordinary quality low as 1.00. Onions—sSupplies light; demand light, market steady; Michigan, 100-pound sacks, yellows, U. 8. No. 1, medium to large size, few sales, mostly 4.00. Peaches—Supplies very light; too few sales reported to quote. Pears—Supplies light; demand light, market steady; New York, bushel baskets, Seckels, No. 1, small to me- dium size, 2.00a2.50; bushel baskets, 1, few sales, mostly 3.00; Washington, boxes Bartletts, fancy, medium to large size, 3.2583.50, mostly 3.50; small size, ripe, low as 1.50. Potatoes—Supplies moderate; demand moderate, market steady; Pennsylvania 160-pound sacks round whites, U. S. No. 1, 2.00a2.15; round whites, 100-pound sacks, U. 8. No. 1, 1.50; East Shore Vir- ginia, cloth-top stave barrels, Cobblers, U: 8. No. 1, few sales, 2.25a2.40. _Sweet potatoes—Supplies moderate; demand slow, market dull; East Shore Virginia, cloth-top barrels, Yellows, No. 1, 2.25a2.50; Maryland, bushel baskets, Nancy Halls, No 1.00a1.25. Carrots—Supplies moderate; demand light, market steady; Colorado, Western lettuce crates, bunched, 3.50. Beets—Supplies very light; too few sales reported to quote. Cantaloupes—Supplies light; demand slow, market steady; Colorado, standard flats, 12s and 155, Salmon Tints, 75a 1.15; mostly around 1.00a1.75; Cali- fornia Persian melons, standard crates, 2.00a2.25; jumbo crates, 2.50a2.75; ponies, 1.75a2.00; mostly 2.00. DIVIDENDS. Regular, e. Pay- Company. Rate, riod. _able. Am Lt & Traction. ;2% Q" Nov. As80 G & E 36 pf_ . *31.50 Do. $6.50 pf ... +§1.6312 Bangor & Aroostock . 87c Do. pf ... 175 Bucyrus-Erie . Do. pf. Hdrs. of ord. 8 Muyirheads Caf Lid 2 | | oo000000000] Extra. .2% Ex Nov. Initial. Pitney Bowes P M_..15¢c Q z Swiss Am Elec $6 pf. 33 SA Nov. Utah Radio Prod....30c @ Nov. Accumulated. w River pf a% Ace Nov. obtn (J & W) pi113% Acc Nov. Resu; National Grocer.... Reduced. U 8 Petroleum.......51 @ Dec. Omitted. Stores A...50c Q Due le in casp or Siock. Am Lt & Tracfion.. Southers PORTLAND, Oreg.—There is a keen | { demand for cranberries from this dis- | trict and carload shipments are going | to Midwest points and to Calgary. | Dealers say it looks as if the crop would | be cleaned up before Christmas. Coal. HAZLETON, Pa—Anthracite mines in this section are working full time and the Fall demand has brought ship- ments to a_point approximating the war-time rush. Some mines closed for long periods have reopened. oil. SHREVEPORT, La—Production of crude ofl in north Loulsiana has in- creased to 39.145 barrels a day, while Arkansas production has dropped 985 barrels to 84,165. Five gas wells have been ught in north Louisiana, with production ranging from 2,000,000 to 55,000,000 cubic feet a day |Washington Stock Exchange SALES. Washington Gas 55—$500 at 102. | Wash. Gas 6s A-—$200 at 105. Wash, R. & E. 45—$1,000 at 923, Capital Traction Co.—8 at 105, 2 at 105, 25 at 105, 10 at 105, 10 at 105. Chestnut Farms Dairy com.—10 at 145, 10 at 145. Chestnut Farms Dairy pfd.—15 at 107%, 10 at 108, 10 at 108!5. Pot. Elec. 5',% pfd.—5 at 1087. Riggs Nat'l Bank—1 at 575, 2 at 575. Col. Sand & Gravel pfd.—10 at 92. Sanitary Grocery Co. pfd.—5 at 1313;. Ter. Ref. & Whrs. Corp.—25 at 50. AFTER CALL. | Wash. Gas 6= A—$200 at 105. | Cap. Tract. 55—$1,000 at 100%;. ler Linotype—20 at 100%, 10 1 at 101, Wash. Gas Lt.—3 at 99, 10 at 99, Wash. Gas 6s B—$500 at 107%. Pot. Elec. 5'2% pfd.—30 at 109, 10 at 087%. Money—Call loans at 5 and 6 per cent. -~ NOTICE. This Exchange will close Friday, Co- lumbus day. Bid and Asked Prices. BONDS. PUBLIC UTILITY. i ked. Amer. Tel. & Telga. 4% .. BiSe S Wash.. Alex. Wash, Wash.. Balto, & Ann: Washington Gas 55 jec. 4. Wash. Rwy. & Elec. gen. 8. MISCELLANEOUS. Barber & Ross. Inc., 6Yas Chestnut Farms Dairy 6! Chevy Chase Club 515s. per Mfg. 65 ! STOCKS. | PUBLIC UTILITY. Nortolk Potomac Elec. 6% pid: Potomac Elec, 8138 pid: Wash. Rwy. & Eiee, co Wash. Rwy. & Elec. pd. NATIONAL BANK. National Capital Columbia . Federal-American Liberty National.. n TRUST COMPANY. Amer. Sec. & Trust Co Conunental ... Merchants’ Bank: National Savings & Trust Unfon Trust........ Wash. Loan & Trust. SAVINGS BANK. Bank of Bethesda Commerce & Savings. East Washington e Vol Savines < ‘ashington Mechaniés. [ !!! FIRE INSURANCE. American . Corooran Firemen's Natioual~ U TITLE INSURANCE. Columbia Title Insurance. o "of Md. co Wash. Cons. Title pfd.. ... .. MISCELLANEOUS. Barber & Ross, Tnc. com.. hestout Farms, Dairy p Gommercial Nat1 Co. pld. Federal Storage pfe Federal-Amer. Co._com Federal-American ‘pfd. *Ex-dividend. Cigars Yield Revenue. TAMPA, Fla. (#)—Cigars manu- factured here during September totaled 46,351,030, and the Internal Revenue Department collected $238,795 for revenue stamps. Historic Fort Damaged. STATIA, Dutch West Indies (#).— Among the structures damaged here by the recent hurricane was Old Fort Orange, where, tradition says, the first distinctive flag borne by an American vessel was saluted in November, 1776. ———— Nash Extra Dividend. CHICAGO, October 10 () —Directors of Nash Motors have declared an extra dividend of 50 cents a share payable November 1 to stockholders of record October 20. g GERMAN BONDS AND STOCKS. Special Dispatch to The Star. NEW YORK, October 10.— Bid. 58.00 ked. Ger Govt Red e 60.00 Loan with dr F 100 R 2 lady, well known for her nerve ported to have run her original invest- | ment of $32000 up to more than $1,000,000. She is still at it. Perhaps she will have her million when she is through. Perhaps not. Who can tell? Most woman customers go into the market to make quick money. The woman speculator s an optimist. She | always plays for the rise in the market. | She rarely knows anything about the | other side. Few women “sell” short. | So many of them must have made | money in the last five years, thinks one broker. (Copyright, 1928. by North American News- paper Alliance.) DEMAND FOR OYSTERS MAY EXCEED SUPPLY Special Dispatch to The Star. i BALTIMORE, October 10.—The de- | mand for oysters will be greater than the supply this season, owing to a short crop, according to Swepson Earle, State conservation commissioner. Oysters taken so far this season, while not large, have been fat and health and are bringing $1.10 a bushel whole- | Because of their fat condition a | bushel is now shucking a gallon of | oysters. The crab season, which has produced an unusually large catch, will aid in| conserving the oyster crop. Water men | in the Chesapeake Bay and its tribu- | tarfes are still making money from crabs, it is' reported. A striking example of the wisdom of | oyster shell planting, according to Mr. Earle, is furnished in the Poplar Island Narrows, where 1.700 bushels of shell were planted in 1924, and tongers have taken 3,000 bushels of fine oysters in | four days. Forty-seven boats are work- | ing in that area, he asserted.” Bank Has Pawn Business. TEHERAN, Persia, October 10 (#).— The newly organized Persian National Bank not only will have separate com- mercial, agricultural and industrial de- partments, but will take over as a fourth department the governmental pawn broking institution established in 1926. It is believed this business will give the bank, capitalized at $800,000, sub- stantial revenues in addition to purely banking profits. f COMIEE.FINANGNG 1st & 2nd TRUST MONEY || On homes, apartment buildings and business properties. No apprai- sal fee. Prompt service. Real Estate Mortgage & Guaranty Corp. 24 Jackson Place Main 1403 * SIS Second Trust Notes We will buy your Second Trust Note if desirably secured on im- proved property in the District of Columbia. Prompt Attention to Applications National Mortgage & Investment Corporation 1004 Vermont Ave. N.W. Main 5833 1111111 Over a Third el of a Century's 4 I Ezperience ) —until months on ahead to seek advice that will put your property on a higher earning basis for the in- definite future...Act today for results tomorrow. Our Property Management Serv- ice will be of hig help. B. F. SAUL CO. Main 2100 925 15th St. Loan withoué doliars per 191 upp b5 1991 . Dusseldort s ( e_Elec) . A E G (Ger Ge Elec) pfd B Jommerz and Privat Bank. o asasasavs 3533383833382 333333388 Liovd. . Austrian A E G (Ges 2333822338332 TREASURY CERTIFICATES. e osisdadsds® ) o fo " the, do a” blow your horn. We'll park your ear for CAMPBELL S i —— ers with an average of 110 shares each ar ago. | In the last three years the number of stockholders has increased 30 per cent, while the number of woman stock- holders hias increased 50 per cent. Imports into little British Malaya last ar exceeded $550.000.000. WRIGHT, SL 1520 K Street _Main 475 F i;t Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. ADE & CO. Members New York Stock Exchange Chicago Board of Trade Stocks and Bonds Bought and Sold for Cash or CARRIED ON MARGIN The Mayflower Hotel Connecticut Ave. at De Sales St. Telephone Decatur 370 Resident Partner Offices New York ‘Warrenton, Va. Paris, Franee Ladies Room Reserved—Complete Trading Facilities UNLIMITED Fu A A nds for, LOANS On Improved ]{(eal Estate Neardy Maryland, Virginis owd the District of Columbia Por Periods ’ X50r 10 Low Interest Rates and Charges BOss= Founded 1417 K St. Yeos 1907 Main 9300 Loan Correspondent i LT John Hancock' Mutual Life Insurance Co. 000 S L + Equitable Co-Operative Building Ass’n JOHN JOY EDSON, President Organized 1879 Assets .............0 ..$5,449,244.49 WALTER S. PRATT, Jr, Secretary 48th YEAR COMPLETED Surplus & Profits......$1,578,070.05 Subscription for the 95th Issue of Stock Being Received Save Systematically in the Equitable Your savings will ac- cumulate more rapidly if deposited in the Equi- table’s systematic plan of savihgs. Come in and let us explain about the plan. No matter what you are saving for . .. w home, old age, your chile dren’s education . you'll find the Equi table’s systematic save ings plan a great help. Start NOW and watch it grow. 915 F Street (T List Your Idle Property With Us : WE HAVE CLIENTS WAITING —and we need houses and apartments in all sections of the city and suburbs—phone. REALTOR ANMain 5027 023 NewYork, Ave: and 1237 Wisconsin Ave. 1 Offer. All or Part $100,000 The Jefferson Apfirtmenfs 16th and M Streets, WASHINGTON, D. & FIRST MO RTGAGE 6% GOLD COUPON BONDS Dye June 20, 1939. Interest Pay®e June and December, These bonds are par mortgage of $665,000, ture serially from 1930 t of a total first part of which ma- t01939. The prop- erty is appraised at a value exceeding one million dollars. Pice 95 and accrued interest to yield 6.65%. Upon application to Tr of Columbia 5 mills tax rustee, the District will be refunded. THOMAS L. HUME COMPANY Two Entrances 1018 15th St. N.W. = 1506 L St. N.W. Franklin 5660 1412 G Street. Main 1346. Main 4733.