Evening Star Newspaper, October 19, 1928, Page 15

*Ist & FINANCIAL, Buck & Company BROKERS Established 1916 Stocks Bonds Grain Cotton Write or call letter. # No obligations BUCK AND COMPANY Evans Bldg. 1420 New York Ave. Franklin 7300 2nd " TRUST MONEY 24 Jackson Place “Popula: MARTIN J. BARRY 1636 Conn. Ave. Pot. 3501 On homes, apartment buildings and business properties. No apprai- sal fee, Prompt service. Real Estate Mortgage & Guaranty Corp. Main 1403 First and Second || Trust Money Available On Homes, Apartments and Business Properties Prevailing Interest Rates Moderate Charges No Appraisal Fees District National Securities Corporation Main 2994. \ 1406 G St. N.W. EXCLUSIVE < DISTRIBUTOR TIRES Proof of Quality” Prompt Service—We Hurry for weekly market GONVERTIBLE {Increased Demand for Low Coupon Securities Also Noted in Day’s Trading. BY CHARLES F. SPEARE. Bpecial Dispatch 1o The Star. NEW YORK, October 19.—Conditions similar to those that have obtained for { the last few days were prominent in | today’s bond market session. An in- creased demand came from dealers who were picking up some of the popular low coupon issucs while the speculative clement was active in various grades of convertibles It is a commentary on the character of the investment demand at present | that the large proportion of this week I new securi | stock warrants attached or straight | issues of common stocks. There was | some expansion in the amount of mu- | nicipal borrowing and also in real estate |1oans, but the outstanding feature was | again the offering of equity propositions | "In the speculative issues the largest | | gains today were in Liquid Carbonic 6s, | Andes Copper 7s and Anaconda Copper 75, which were up from 215 to 3 points. { Barnsdall 6s were off a point and there | was less activity in other oil company | - | convertibles, which have been promi- | nent recently. The feature of the ms ket has been the growing volume of sales in numerous issues rather than | concentration of demand on a few. | Pathe 75 refiected the developments in | the moving picture field, moving up 11 points and approaching their previous hig». 1 Amor.g the foreign bonds Fiat 7s were { most prominent with an advance above 1130. Ttalian government and munici- { pals. Japanese government and public | utilitics, German government and city {issues and French government and mu- ! nicipals were all slightly higher. Washington Stock E)‘(change | i SALES. ,Chzmber)m-vnndcrbnt 6125—$1,000 at |99, Chestnut Farms Dairy com.—50 at 160. Chestnut Farms Dairy pfd.—65 at 10814, 10 at 1081}, { Potomac Electric 67 pfd.—5 at 113, 5 | _at 11315, 2 at 1131}, j Potomac Electric 512 pfd.—20 at 10875, | wmznmn Gas Light—10 at 100, 10 at | 1007, 10 at 101, 20 at 101. | Second National Bank—5 at 270, 5 at | 270. | National Savings & Trust—10 at 505. | Mergenthaler Linotype—10 at 1007, 50 | at 101, 30 at 101, 10 at 101, 8 at 101, 2 | at 101, 10 at 101, 5 at 101, 5 at 101, | 20 at 101. 15 at 101, 2 at 101. | Sanitary Grocery Co. pfd.—5 at 146. AFTER CALL. Capital Traction 5s—$1,000 at 101, $10,000 at 101, $5,000 at 101%, $5,000 at 10115, v Mergenthaler Linotype—30 at 101, 20 at 101, 30 at 101. Federal-American Co. com.—25 at 48, |10 at 48. Columbia Sand & Gravel pfd.—5 at 92. Money—Call loans, 5 and 6 per cent. | REAL ESTATE NOTES Secured by First Trusts Conservative Appraisals Chosen Locations 6% Interest WEAVER BRO REALTORS 809 15th Street N.W. Main 9486 < 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 Continental Trust Co. 14th and H Streets Capital, $1,000,000.00 Checking Accounts Savings Accounts Acceptance Credits Time Deposits Foreign Exchanges Commercial Credits Travelers’ Credits Travelers’ Checques Collections Real Estate Loans Bid and Asked Prices. BONDS. PUBLIC UTILITY. & . & Telga. | Am. & Tel. ctl. tr. 8500 Anacostia & Pot. R. R. 8s.. Ana. & Pot. guar. 5s C. & P; Teléphone Ss. C. & P Tel of Va. 8§ | Cap. Traction R. R. 5s City & Suburban 5s Georsetown Gas_ 1 Potomac Elec st 5s. . Potemac Elec, cons. 5% . Potemac. Elec, 65 1953.. Wash.. Alex & Mt. V. cifs. Wash_! Bait. & An. 5 | Washineton Gas 58 {|| wash. Gas 6s. sers | Wash. Gas 6 | Wash. Rwy.' & Flec. 45 e { Wash. Rwy. & Elec. zen. 65... MISCELLANEOUS. Barber & Ross. Inc.. 6as..... | Chemberlin Vanderbilt 61 Chestnut Farms Dairy 6125 Ghevy Chase Club §%ss.... D.'C. Paper Mfg 6s Pot. Joint Stock L'd Bk Wash. Market Cold Storage 5 Wash. Cons. Title 65........ Wardman Park Hotei $iss STOCKS. PUBLIC UTILITY. Amer. Tel. & Telga Capital Traction Washington Gas. Norfolk & Wash. Steamboat Potomac Elec. 6% DId... Potomac Elec 5i,% pid.. Wash. Rwy. & Elec. com Wash. Ry. & Elec. pfd,... 000 NATIONAL BANK. National Capital. K Columbia . Commercial 3 X 2 District ... % 23 Farmers ‘& ‘Mechanic, . Federal-American Liberty s 5 3 Lincein B e ¥ational | Riges 565 325 Meiropolita) Second 3 i National Bank 'of ‘Wash! ! i TRUST COMPANY. American Security & Trust Co.. Tru Bank. . &' an’ & Trus SAVINGS BANK. | Bank of Bethosda . | Commerce & Savings. | East Washington . Potomac % | Sec. Bav. & Co Seventh Street. . U.'S. Savings Bank.... Washington Mechanics | FIRE INSURANCE. | Continental | Merchants’ | National Savinas { Union’ " Trust | Washington er American | Corcoran Firemen's | National Union TITLE INSURANCE. | Columbia Title Insurance...... 13 Real Estate .. ooiosrarise . 230 Title & Inv. Co. of Md. com... 50 Wash. Cons. Title pfd *50 MISCELLANEOUS. | Barber & Ross. Inc., com., . Chevy Chase Dairy pld. Chestnut Farms. Diiry com | Federal-Americar Federal-American Co. pfd Lanston Monotype ... : | Merch. Trans. & Stor b2 Merchants' Trans. & Sfor. pfd ler Linotype 3 | Natl: Mtge & Tnv. pfd Peoples Drug Stores pid Security Storage..... ... | Banitary Grocery Go. pfd Ter. Ret & Whra. Corp. { Wash. Conv. Hall pfd. | wash. Mecii. Mtge. com.. | Wash. Medizal Bldz. Corp. Woordward & Lothrop pfd. “Ex-dividend. SHORT-TERM SECURITIES. | (Reported by J. & W. Seligman & Co.) | Bid. ~Offer, ! Aluwinum Co. of Amer. 5s 1952 1011y 102 | Amer. Tel. & Tel Co. 45 1929... 99 haccnda Conper 6s 1929 w1z aito, & Ohio 4%ss 1033 ... | Bat. Pet. Corp. 31s5 1943 { Bell Tel. of Ganada 55 19 | California’ Pet. Corp. 5 | Canadian Nat' Rwy. { Canacian Nor. Rwy | Ches. & Ohio Rwy. 4 olumbia Gas & Elec | Cudnhy Packing Co, 5125 10 Duauesne Lighting 425 1967 ISSUES ARE ACTIVE ies, were either bonds with | | Copenhagen 41 '53 .10 at 1005, 10 at 10034, 10 at | | Bethlehem St THE EVENING Received by Private Wire UNITED STATES. (Sales are m $1.000. Sales. High. Low. Lib3%s... 181 9815 0815 Lib ist4%s 38 1012 10028 Lib 4th 434s 108 1014 101 US3d 73 9820 17 3%s... 10 10317 10317 10317 US4s 1944, 28010613 106 106 IR US4Ks52. 14 11117 11113 11117 FOREIGN. Close 48 15 100 31 1012 ate 991 997x 1001 99% 85t 96 964 Argentine 5s. Argentine 68 Ju 53. Argentine 6s Oct59 Argentine 6s A, Argentine 6s B.. Australia 4%s 56, | Australia 58 1956 | Australia 55 1957.. 1001 10015 RRH 96 961 | Austria 7a.. | Bank otChil | Belgium 6 | Belgium 6% glum 7s 1 | Beigium s 1956, | Beigium 734 | Belaium 8, Boilvia 8 Bordeaux 6s. | Brazil 6345 1926. | Brazil 615 1027, | Brazi) 7s | Bremen State 7, Canada 5s 1931, Canada bs 1952, Canada 5148 1929. . Chile 6. . { Chile 61. Chile 73 1943. Chinese Gov Ry 5s. Colombia 6s Jan 61. Con Pow Japan 7s. 108 9% 101 1061 109 10614 6 1150 103 9674 101 1064 109 106 15t 1100 104 1007 967 961y 100 101% 101 104t 10614 1087 105 115% 1000 105% 31011 101 1041 1004 o4 H5% 1024 2 99 885 96 103 109 6 109 1t 110% 105 103% 1084 103% 104 5 90% 98 1007 106 104 11 107% 108 98y 100' Covenhagen 5s ct Cuba 5%s. . Czacho 8s 195 Czecho 851952, ..., Danish Munic 8s A, Danish Munic 8s B, Denmark 6s D E 15%s Mch 53.. DE15%s Nov §3., Dutch East 1 6s 47. Duteh East I 68 62, Finland 5%s. iinland s f 65 45. Finland 78 Framerican 7%s... Frencn French 7%8s..... German 7s Ger Gen Elec 7s. Greek 7s, Haiti 6s. Hungary 7%s. Irish Free State 5s. ltaly 7s..... ltalian Pub S 7s. Japanese 4s. . Japanese 6%s. 100% 108 10813 114 1064 § 103 9514 1001« 1014 100% 1007 5 24 21 Mexico 4s 04 asntd. Milan 6%8...00000 Netheriands 65 54. . heriands 6s 72 w So Wales 57s, New So Wales 58s. Nord 6% Norway 69 196 Norway 5%s. Norway 65 1943.... Norway 6s 194 Norway 6%s 1952 Orient Dev deb 6s. Paris-Ly-Med 6s.. Peru 65 67 w1, Peru 1s.. Peru 7448, Poiand 6s 40 Poland 7s (rcts) Poland 8s Queensland 7s. Rio de Janeiro 6%s 1 Rio de Jan 85 1946, Rio Gr Do Sul 85, Rome 6%s.. San Paulo City 8s. Saxon (PW) ' Seine 75 42., Serbs Crot Slo 8 Shinyetsu 634 Sweden 68....... Swiss 5143 1946. Swiss Confed 83 Tokio 58. 40000 Tokio 5%s 1961, Utd Kingm 6%529, 1 UtdKingdm 5%s 37 61 Utd Steam Copen 63 Yokohama s wi... (7 95% MISCELLANEOUS. AmAgriChem 7is. 2 105 105 Am St &R 1st5s 12 101% Am Sugar Ref 6s.. 9 104 Am T & Teltr ¢ 14 99% Am T & T el tr b 36 104% AmT&Ts68.... 32 1054 Am Tel & Tel 5%s. 29 105 Am Water Wks 6s. 1 99% 1 89% 20 106% 245 148 Andes Copper 78.. 763 164 Armour&Co4'%4s39 3 924 Armour Del 6%s. T 9% Atlantic Refln 6s... 4 101l Barnsdall 68 1940, 244 13415 Bell Tel Pa5sC... 4 108 Bethlehm St pmbs 4 101lg Beth Steel 56%863. 6 103 63 22 104% Bkiyn Union 6%s.. 15 302 Certain-Td5%srets 21 90% Chile Copper 68..., 73 96 Col Gas&El deb bs. 10 100% Cen Coal Md 1st b8, 20 T8'5 ConGasN Y 5% 8 106% Cuba Canecv 7s 2 0% Cuba Cane 8s. 7 724 Cuban Am Sug 8s.. 2 104 Denver Gas 5s. 8 99% Dery (DG) 76 10 Detroit Edison 68.. 2 1084 Dodge 6s......... 146 105 Gen Mot Ac Cor 6s. 13 103% Goodrich 6% Goodyear bs rel Humble O & R 5%s 1llinois Beil 1st 68, Indiana Steel 58, Intl Cement bs 4 intl Match 68 47 int Mer Marine 6s. Int Paper 6s 47, Inter Paper 68. .. int Tel&Teleg 4%s 7 J Kayser & Co6%s 10 114 Kan City P& L bs.. 2 104% Laclede 63, 1101 Laclede G 54 1 106% Liggett & Myers 78 4 120% Lorillard 5s. 2 87 Lorillard (P) 7s 1109 Manausug st 1%s. 1 104 Midvale Steel bs... 14 100 Mont Power 63 43.. 6 1027 Mont Power deb b3 5 1001 Mor's&Co 1st 4148, 18 57 New England Tel 61 4 106% N ¥ Edison 6% 0 116% NYGELH&Pbs 10 107 N Y Tel684l....0. o 107% N Y Tel 6349, 1 110% North Am Edis 5. 15 1004 Nor OhloTr& L 6s 1 101 Nor States Pow 58, Paclfic Gas & K] bs. Pac T & T 1st b Pac T & T 68 62 Lan-Amer Pete 6 100% 105 943, 94 102 97 101 103 100% 8% 1054 701 724 104 99% 70 1084 105 103 107% 93 101% 1045 98 101% 95% 1121 104% 101 1054% 1200 863, 109 104 100 10234 100% 1024 Phila Co6s 67 wi.. 76 Y9% Phila&ReadC&l 6s. 4 93 Philips Petro 6% 9 93 Pierce Oil deb 8s... 2 104! Por Kic Am Tob 63 1 954 r5s 20 9 Public Service 4% s 422 1 RemingtonAr 6832 1 99 | Erie Gen 4s.. | Grt Northn 4%s E. STAR. WASHINGTON, D. C.. Direct to The Star Office BUND ‘ @BONDS STOCK EXCHANGE Sales. High. Low. Close. Willys-Ov 6% s 33, Wilson & Co Ist 6s. 1 101% WinRepeatAr 7143, 3 107 Tngetn S&T 5s w 1. 8L 100% RAILROAD. Atchison adj 4s ‘ Atchison gen 4 Atlantic C L 1st 43, Atlan C L 4145 64.. Atl & Dan 1st 45 43 B8& 0 Gold 4s 59 B&OcCY4ks 3 B & O ref 68 B &0 5+2000D... B&O 1sthsct..... B&OPLEWY 4s.. B & O Toledo 4s... Bang & Aroos 4s 51 Brdway & Tth Av bt Brooklyn Eiec 6158 Brooklyn Klev 6148 Bkivn Manhat 63 Luft R & Pitt 4%s. Can Nat 41830, an Nat 4148 54, 1102' 102 101% 107 100% 8914 93 9315 981y 102% 10244 1043 94 85 8114 16 { Canad North 6%s.. Canad North 78.... g Pacdeb 4s.. neh & O 5s.. 101 Central of Ga 68. .. 1001k Cent Pac Ist 53 90, B . 1652 Corp 68 w 1., Ches& Ocv el ) Ches& O gnds.. 3 ChiB&Q1strfbs. 9 CB&QI3s.... 1 Chi&E U1l gn 5s 61. 41 Chl Gt West 4559, 2 CM&StPgns).. 49 CM&SLP ret 4% 889 33 ChiMiISP&Pachs 76 1 8% 907 Pac 4%s w1, ITH&SES *hi T H ine 6s 60 Cht Union Sta 58, Chi Union Sta 6%s. SC&StL 4148 B 17 >& St Libs D. CCC&StLrf6sA. Clev Term 5. C&S 1st4s Colo & Sou 41 Cuba Nor 6%s ct Cuba R R5S.cvvaee Del & Hud 1strf 4s Det & Hud 5%8.... Del & Hud 7s 30, £ a Den & Rio G cn 4 D Rio G West 6 DRG S Des M & E Erie 1st cons 48 4% 103% 10018 108% 80% B4 83 95% 85 1121 Erieconv 4s A. Krieconv 4s B. Erie cvt 55 67 w 1, Fla East C5s74. Grand Trunk 7s.... Gt Nor 4%s 76 D... 10 Great North 8. 6 Great Nor gen 7s Green B& W deb B Hocking Val 432s.. Hud & Man aj 58 Hud & Man ref 111 Cent ref 4s. 111 Cent 4s 52 1l Cent 4% s 111 Cent Chi 4% Int Rapid Tran i Int Rap Tr 6s stpd. Int Rapid Tran 6 Int Rap Trans 7s Int RysC A 58 72., Int Ry C Am 6s 41.. int Ry CA 6%sret Kan City Ft S 4s... Kansas City 8 s, Kan City Term 4 Lehizgh Val en 4s. Long 1= rf 45 49. Louis&Nash uni Louis & Nash 5%s. Louis & Nash 7. Man Ry 1st 90. Market St 7s 40 Mich Cen deb 4s 29. Mil El Ry & L 5s 61 M St P&SSM cn 4s. MStP&: $38ztd M StP & SSM 6%s. 112% 284 100% 883 98% 93 91 100% 974 818 8% 80 a1 100% 9% 84 96 974 9314 99% 90% 87% 90 106% 103 67 9 99% 101% 887 99% 101% 88 8574 ay 102 104% 8 100 9% 58 80 R RO RAE N GD PE B A A RSN E® SR AEEae G- 1024 1054 8 100 994 58% 9% 9914 10414 91 96 100 107 108 8014 107y . 107% 106% 1017% By Bl Bl% 2014 MK &TprinbsA. MK & T adj bs. Mo Pacific gen 4s, Mo Pac 5s A 65. Mo Pac s F 7. Nassau El 48 51 NOTex&M 4138 56. NOTex & M 58 B.. NOT&M5%s N Y Cent 43 98. N Y Cent deb 4s. NYCrfima¥% N Y Centr f 5t N Y Cent deb 63 N Y CentLScl3%s NYChI&StL 6% sA. NYChi&StL 5% sB. NYC&StLGSA. New Haven 3155 58 39 New Haven 4s 55 NYNH&H 4s 56. NYNH&H44)s. NY NH&H cv db 63 NY NH&H clt 6: NY O&W gen 43 55. N Y Rys 63 65 N Y Rys 65 A 65... N Y State Ry 4%4s. NYStateRy 6%s 62 Nor & S gen 68 54 Norfolk & W cn 4s. Nor Pac 33 2047, Northern Pacific 48 Northern Pacr 1 68 1120 Ore Short L rfs 4; 9 959 Orn Wash 18t 4 89% Pennsylcon 4%s. 102 Pennsyl gen 4%8. 100% Pennsy! gen 5 109 Pennsyl bs 64 103% 103% Pennsyl 6%4s. 110% 110% Pennsyl gold 7s.... 103'% 1 Pere Mar 1st 4s 56. 924 Pere Marq 1st 5s. 104 PCC&StLS5sA.. 108 PCC&StL b3 B 75 3 Rio G West el 48... St L IM&S 4829, StL | M&S zn 68 31 St L IM&S R&G 4s. StL&SFpl4sA o3 95% 1004 107 108 100% 109 925 104 108 108 8% 98% 100 o1 88% 8% 1011s 961n 940y 20 6415 44 824 793 /1 StL S W con 4s 32. P& KCShL 4%4s 20 nA&ArmPds.. 5 SB All Fla 6835 A, SB All Fla 6335 B.. Sou Pac 48 29...... Sou Pacific ref 45 Sou Pac 4%s rc! Sou Ry gen 43 Sou Ry Con 68...ee u Ry 6% TexArk 'S 5%s 60, Third Ave ref 4s 60 pird Ave ad) bs. . Tol Tr L&P 5%s 30 Union Pac 1st4s... Unlon Pac 15t 1t 48 Unton Pacific 45 68. Un Pac 4%s 67. Va Ry & P 68 Wbash 414578 rets Wabash 1st b Wabash 2d 58 West Marylan Western Md 5148, . Western Pacific 68. 651y 1004 94t 91 B 9% 100% 9% 103 101 8013 98 99 100% 9114 103 101 8l 8% 99y 10215 101% 107 100t 204 93 9315 92% 1024 1024 1047 94 8 ¢ | operating 88 101 1001 10 905 Yty 941, 103% 100'% 108% 933 104 103 91 81 8 112% 99 1134 29 100% B9% 98% | 93 91 100% 97 T8l TRN 80 % 96 9% 9314 100 90% 8T% 90 95% 106% 103 61! 99% 10118 90 997 101% 88% 857 94 102 105% TBh 100 99% 58 100% 107 108 801y 10 107% 102 7314 8% 82 90% 112% 9818 90 102 100% 109 103% 110% 103 104 108 108% B4l 9874 100 9415 »87y 90 102 9614 940 641y a1 82% 9% 81 G614 1001y 94 91 89 99 1007 " 103 101 81 98% 991y FRIDAY, OCTOBER 19, 1928. INEW HIGH MARKS - ARE MADE ON CURB Apponaug Common, Huyler of Delaware and Other Issues Score Gains. BY WILLIAM F. HEFFERN { | Special Dispatch to The Star. other active session on the Curb EX- change today. but with the upward movement not as pronounced as it was yesterday. 1t was evident that pools in selected specialties were ! not meeting with the success which ac- | companied previous efforts to bring about higher pricy | were enough strong spots to maintain | public confidence, and the customary | new higher records were established in | & number of instances. The heavy demand for new top, was coincident with the an- innlmcvmrm that the company had re- !tired 1,500 shares of itz 6!z per cent i preferred stock which had been ac- [quired in the open market. Interest centered in the new Bancservice ca | tal stock of no par value, which was admitted to trading on a when-issued basis. Pirst sales occurred at 73. Among the new highs were Huyler of Delaware up almost 2 points, Roan Antelope up almost 4 points to 31, Na- | tional Sugar of New Jersey up 11 to 170, Sydney Blumenthal almost 3 poinis higher around 71 and Galesburg Coult Discounts almost 10 points up at 112, ‘The manner in which the last named issue moved forward was noteworthy. Opening at its previous high of 108 it compared with yesterday’s final of 102%. Subsequently it jumped from 109% to 112 between sales. In the case of Blu- menthal it was reflecting prospects of increased business as a result of the ad- ditions to its plant at Shelton, Conn., which will provide additional handling and shipping facilities. There was little or no Zenith Radio stock for sale around its peak of 230, where it left off Thursday. Annotnce- ment was made of the proposal to in- crease the common capitalization in order to pave the way for a substantial stock dividend. Immediately follow- ing the meeting of stockholders sched- { uled for October 29, directors will meet and decide upon the amount of:pay- ment. Tubize Artificial Silk attracted at- tention because of the activity in such a high-priced issue. At 560 is com- pared with the previous final of 552. New York Transit featured the Stan- dard Oils, while Darby Petroleum ied the independents, both establishing new tops. 'WHEAT PRICES DROP IN INITIAL SALES Favorable Crop Conditions in South and Winter Wheat Section Cause Decline. By the Associated Press. CHICAGO, October 19.—With excel- lent rains over domestic Winter wheat territory and with favorable crop con- ditions south of the Equator, wheat prices averaged lower today during the early dealings. Besides, export demand for wheat from North America appeared to be confined largely to low-grade Canadian at wide discounts under other sorts. Opening at 'i off to 'y up, wheat later showed some setback all around. Corn started unchanged to % advance, but subsequently declined. Oats were easy. Provisions likewise tended downward. Despite upturns in Liverpool wheat ‘quotations, bears had the advantage much of the time this morning in the wheat market here. Large accummula- tions both in Canada and the United States, together with lack of any sig- nificant improvement in export business, were a handicap to friends of higher prices, and so, too, were auspicious crop prospects in Argentina and Australia. Under such circumstances, future de- livery offerings here from the North- west were a feature, and there was further selling of wheat into store here, In the corn market, a disposition on the part of various influential traders was manifest to hold back from pur- chasing until there is a freer movement of the new crop. Weather conditions today were also reported as more favor- able for handling of corn. On the other hand, corn export buying continued, and it was announced the Spanish gov- ernment had authorized corn imports of 6,000,000 bushels. LUMBER PRODUCTION. NEW YORK, October 19 (#).—Lum- ber production and shipments in the week ended October 13 increased appre- ciably over the week end before, re- ports to the National Lumber Manu- facturers’ Association from 865 soft- wood and hardwood mills disclose. Pro- duction totaled 403,387,000 fect; ship- ments, 391,654,000 feet, and orders, 38! 715,000 feet. Automobile body wood or- ders brought hardwood mills 28 per cent increase in business. U. S. TREASURY RECEIPTS. Treasury receipts October 17 were $12,039,822.82, expenditures $32,691,- 747.34, balance $301,556,571.82. Will Vote on Stock Increase. NEW YORK, October 19 (#).—A special stockholders’ meeting has been called for Qctober 29 to vote on an increase in capital stock of the Zenith Radio Corporation of Chicago to 500,000 shares from 150,000. DIVIDENDS. Regular, Pe- Pav- Company Rate riod. able, Allied Inter Inv pt pf.$4.00 sa Nov. Am Nat Gas pf... v Bencon & Hedaes pf Berind Sh Strs pf. Bond Cap Cor pf Brill ()G Do pf 5 Central & South: west Ul pr ol Hldrs. of Tecory & Qet. 19 Qet. 20 Sep. 30 Qct. Oct. T s, e el oS Do pt B ¢ Chem Nat Bank..'. & Clinchid C Corn Exchang . lflnumfl d ov. Nat Bk & Tr (P 5% Q Nov. Derby’ Gas & $1.75 Q Now Do. $6.50 pf.... 516212 Q Nov Farmers Loan & Tr 500 Q Nov Fitzsimns Dree Dk _30c Q Dee. Guardian Pire As... $1.25 Q Nov. Infer’ Comb Engr:. 30c @ Nov. nter Harvester pf. $1.75 Q Dec. nter Rys of Cent 2 $1.25 Am DI i 4 Kentucky ‘Util r pf 13,7 NEW YORK, October 19.—It was an- | Nevertheless, there | Apponaug | common, which carried the price to a e FINANCTAEL, NEW YORK CURB MARKET Following is a list of stocks and bonds traded in on the New York Curb Market today: Salex i handreds T 1 Adams My 54 Aconitic Broa 2 Aero Sup M{ A’ Low. 30 1:30. Pack lied Pk pr pfd lison Dr B e pha Port Cem ... tm Co Amer Jum Co Amer pfd m & For Pow war . & Amer Br Bov El P 2 Amer Chain 2 Amer_Cigar 4 Am Colorivpe 44 Am Cyanamid B 11 Amer Dept Store: 40 Amer Gas & EL 6 Amer 3 Amer 3 Amer ?.:ull'l T TAmer P& L pfd ‘A 5 Am Rayou Prod .. & Amer Roll Mill . 2 Amer Sol & Chem 1Amer S & Cpptd ... 44 Amer States Sec A G Amer States Sec B 53 Amer Sta Sec war . 101 Amer Suberp A 31 Amer Superp B | 2 Amer Superp 1 pid. .. & Anchor Eap” | P19 5 Anchor Cap pid 7 Anglo Chil Nitra M:mmn(:u: Co. 550_Gas & El. 21 Atl Fruit & Sug. 3 Axton Fisher A. . 5 Aviation Corp Am 11 Bahia~ Corp, ; 2 Balab & Katz vie. 2 Baxter Laund '’ li E-l‘l’ TG Pa pfd... ird Grocery St 103 Bliss E W. i sf l; gllum | S yn Shoes Inc. 10 Bohn Al & Br.. 19 Braz Tr L&P n. 1 Brill Corp A.... 1 Brill Corp B. 4 Brillo M. 4 Brist’ Myers. Cit 22 Budd M 19 Budd Mte i ul Niug 15 Buf Niag & 4Bul'N & E P pid 1 Bullard Ma T 62 Butler Bros. 3 Campbell Wya| 858 Car. Marconi W. 1 Carnation_Milk. 9 Caterpil Traet 2 Cavanagh Dobh. Celan Cor Am..... 3Celan C Am p pld 3Celan C Am ist pid.. 1 Celluloid Co 1 2 Celotex A heck Cr b! I:l b Mk, hi Nip B tr ctfs 2 it 8 P & L 6% pid 98 t 8 P & L 7% pid. 107% ity Tee & Fuel 37 3 Club Alum Uten 1 Colg Palmol P 209 Col Graph . 21 Colt's Pat Pire 1 Compania Hispano 4 Commonw P ptd .. 6Cons Auto Mer vic.. 2Cons Auto Mer pfd 65 Consol iry P 1Consol Film .. 2 Consol G Bait 12 Consol Laund 1, Gont 8%k B e bid . E propid. . 1Copel Prod A .. 7Crosse & Black pfe 3 Crowley Milner . 3 Curtis Pub pfd 2 Curtiss Aero Ex 36 Curtiss Plying gf! l‘! &lvt(l‘lncc seenn ere & Co 181 De For R C 1 Doehler Die C 14 Dubilier C & R Du_Pont_ Mot 7 Duplan' Silk 24 Durant Mot 30 East States Pow B 41 El Bond & Sh Cor.. 113 248El B & Sh rts wi. T2 21 El Invest Inc. 15El P & L optl war. 3 Elec Shovel C pt p 2Em Pow Cor. 21 Evans E 8. bt 1 Evans Well Lead pf. 85 8 Fairchild Avia A wi. 26% 34 Fajardo Sug Co. . 1202 10 Fansteel Prod. 18 3 8 25 Fedders Mfg B 1Ped Metals ctf 25 2 Federal Water A. 67 Fiat deb rts. 9 Filenss Sons.. 3 Pilenes Sons pfd 1, Pirestone Tire 1 Firest T 7s pfd 20 Pallansbee Bro: l'd Ford Mot Co Cai 30 Forhan Co A.. P 1 Foundation For A 145 Fox Theaters 1Fox Theaters A 3 1'd 1Frank H H Mfg_ Co. 12 Preed Eisem R C. 108 Freshman Chas 20'z Galesburg C & D 3 Gears Forgings B. 2Gen All s 16 Gen 20 Gen c 40 Gen 13 Gen By 2 Gen 1Gen 2 Gen 7Gen Pub 3 Gilbert . 1t Db g+ 2 Gorham Mfg & 52 Goodvear T rts 3 Goth Knitbac Ma wi. 11 Granite City Stl...... 10 Gran City Stl rts Grigsby Grunow Hall Lamp. Hall Printin Hart “Parr...... 1L Hart Parr’ Tis ' wi. 27 Happiness C St Al 31 Hazeltine Corp... ¥4 Hercules Powd pid. 2 Holland Furn. 8 Household_ Fin 2Horn A C.. 3 Horn A C pld. 304 Huyler's .. 15 Hygrade Fooq 4 Imperial Tob. 2 Insur Co N A, 2 Insur Secur. 12Intl Prod 21 Intl Saf Raz B! 4Int'l Shoe....... 1Intern Ui ‘A" 6 Intern Util B... 12 Interst_Dep Strs.. 5 Inter Dep St pfd 3, Isotta Frasch wai 1 Joske Bros vic.. 4 Kemsley Millb ¢ 6'd.. 23 Keystone Alrcraft. $ Kimberly _Cl 3 Kin Stores .. 4Lackawan Sec . ' 7 Lakey Found & M 13 Lane Brsant 1'Leath & Co . 1 Lefcourt_Real ' 1Lefcou Real pfd ".! 41 29Leh Coal & Nav . . 1463 3Leh Val C cfs COD 30 1Leh Val C Sales 50% 2Leon F P Muel 9 Libb_Owens Sh Gl 29 Lit Bros_...._...... 1 London Fir Rites.. 125 Marc_Wire Lond B 22 Marmon Mot . 7 Massey Harris 26 Mavis_Bottling 9 May Drug Str @l 3 McKesson & Robb ‘wi 4 McKess & Robb pfd 1Mead Johnson 3 Mesabi Iron ... 11 Metro Chain Sirs 1 Metro Ch Str 8 18 1Met 5 & 50c St B.. 6 Met 5 & 50c St pfd 4 Mid West Ul ...... 11 Miller Sons ... 2 Minne Hon Reg 38 Mohawk Hud Pow Monsanto Chem ... 32 Municipal Serv 23 Nat Banc_Son wi 1 Nat Food Prod A .... A Nat Food Prod B |... 4 Nat Mfg & Stores ... at Pub Ser A at Rub Mach Nat Sug R N J at Theater Sup at Trade Journal 1 0 1 1 17 9 1 7 1 1 103 1 Y Tel Co pfd ichols & Shep iles' Bem Pud orth Easiern Pow 2 Nor Sta P A N 1 Novadel Asune wi 1Pac'G & E 1 pf 1 Parke Davis Co 1Penn G & El A 4 Penu Ohlo Ed 1, Penn O Ed 6= pfd ... “’ Penn O Ed p pld . Penn Ohio Ed war 21 Peop Drug Store .. 14 Pepperell Mfz ... 1 Pertect Circle 2 Phelp Dodge Cor & Philip Morris : 29 Pierce Governor. ... 56 Biggly Wiggly 7 Pitney Bowes P M. .. 4 Pratt & Lamb C.... 2 0 i i i i N N N N N N N N L Received by Private Wire Direct to The Star Office 4 Southe P & L war. 12 South Asbestos..... 1 South_Acid Sviph n v 1850 Gt T P . 3 Southern Ice & U B.. 1 Southw Strs cao I‘ sfl";g“flsgnl‘”lul‘ . { Spa 3 100 Spanish & Gen' reg 10 Sparks Withing 3 Sotneee Kellog i s 1§?una'& oY i 18td Com Tab ofd. 1 8iand Pou "¢ BA 1 Stinnes Hugo 4 Stte “Srot 7 8wift Intl wilt & Co 3 Tampa El n. Tenn Prod . . . ‘{ Texas P & L pfd xd. Thomps Prod A Xg;lonh\k;n ?!ll Axle Tod Exbort. 5Toddy A .. . 5 Toddy vie B 6 Transcon Air smiasaBaans B ane putusEuncaSaned, S 5o 2 Trans Lux Plet. con Stl 310 Tubl ATt S B Vic 2 Tulip Cup Corp.. .\ 14 Tung Sol Lamp xd. ' 22 Tunk Sol L A xd 2Uni Biscuit A.. Uni Biscui: B Uni Carbon vi!! i Elec Bond rts 134 Uni 3 . 5 66 Uni 1Uni 3_cuwanc Sa,ume BRI Pt Shar....... Astestos xd. ... 2 Walgreen w 4 Watson J W. 10 Wayne Pump b 7 Weson O & 8 vie 1 West Auto Sup A.. . 1 Wheelinz St .01 Wieboldt Stor Tne ‘Wi White Rock ......... 2 Wms OlloMai Hea 38 Winter B J.......... 40 Wire ‘Wheel Corp. ... 3 Worth Tnc A......... Szomte . ...l 33y Sales MINING STOCKS. in hundreds. 102 Andes Cop . 70 Ariz Globe G ker Hill % Carnegie Metals' . 6 Cent Am Mines Cons Cop Mines Cresson_Gold . Divide Extens Eng Gold M Ltd i Falcon Lead Min Golden Center M. Hecla Min Hecla Min 8'7'd 7 Hollinger .. . t 3 Hud Bay Min & 8m.. 17 Iron Cap Copper...... 3 Kerr Lake Taa Bl & 25280638.832 Toy.... 9 Tech Hughes 1 Tonopah im: 252 Uai Verde Est 5Utah Apex. 1 Walker Mines. 11 Wendon Cop. .o Sales INDEPENDENT OIL in hundreds. 202 Am Con Oflfids. 18 Am Maracaibo Co. 108 Barnsd _deb rts’ 13 Carib Svnd 33 Citles Serv n 4Cit Serv_pfd 1Cit Ser B.. 1Cit Ser B B 4 Columbia Synd 47 Creole Synd.. 281 Darby ~ Pete.. ] 2Empire G & F 7s 3 Gulf Oil Pa.. 3 Houston Gulf 12 Intercont Pet.. Leonard Oil Lion Oil.... 1Lone Star G Del. T Magdal Synd.... 30 Marland Mex 140 Mex Ofl. .. 24 Mount Prod 1Nat Fuel Gi 2 New Bradford 11 Pantepec Oil. .. 6 Reiter-Foster Oil 8Salt Ck Prod.. 43 Texon Oil & Land. 20 Tidal Osage O 28 Tid Os O non- 26 Venezuelan Pet 5 0x O & G n 2 s Oofln..... . 43 A%, Sales in STANDARD OIL ISSUES AND FOR- units. MER SUBSIDIARIES—STOCKS. 100 Anglo Am Oil 18% 18 50 Borne Scrym n. 46 100 Chesl &h Mfg . . 1800 Contl Ofi' ... e 1800 Humble Ofi & R 200 Imp O Can 200Ind P L. . 8300 Inter Pet Lid. 100 Nat Transit 150 N Y Trensit.. 100 Ohio Oil . 2200 Prairie O & G. 2200 South Penn 20008 O Ind... " S 313, ptd 991y . 128 S B BobaRt *5a3! S 600 Vacuum Oil Sales in BONDS. thousands. 16 Abra Strauss 5t wi. 2AbiLDI P & P 55 A. 55 Ala Pow dtas....... 5Allied Pk 6s 11 Allied Pk 850000 1Alum Co Amer ‘55 2 Alum_Ltd ‘5s..... 9Am Con Ale 65 A. 27Am Gas & EI 5s 29 Am Pov & Lt 65 3Am Roll Mill 5s, 8Am Seating 6s... 5Am Thread C 6s 4 Auaconds. 6s A, 10 Cent States El 4Childs 8s . ... 2 Cincin St Ry 538 18Cit Serv 3s ¥ fe) Sias... 9 Cit Serv Gas Pip 6s. 10 Cit_Serv_Pow 3! . 10 Commonw Ed 4' 3Cons G_Balt 6s 2Cons Tex 8s... Cont G & E 5s A Det Intl . Det Intl . eiee Dix Gulf Gas 6ias A 11 Empire O & R §'us 21 Fed Wat Serv 5'as 42Pla P & L 3s . 2 Gatineau Pow_ 6s . Gen Am Inv 5s A ww 87 1Gen Laun Ma 6 10 Gen Rayon 6s 25 Georgia Pow ‘Gdi' T&RC 1Gulf Oil Pen 55 2 Houston Gulf G 6 6 Ind O1l & Gas 6s 22 Indianap P & L 11 Intl Sec Amer 5s 1 [ 5 ] 1 3 a5 4 Nor States P M 13 Ohio Pow_4'a: 2BPac G & E 1Phila Suburba 5 Pills_Sieel 65 1Pot Bd 95 E 2 Richfid Oil 3 iSan Anton P 835 1 Schulte R Est 63 5 Servel Co Del 23 Shawin W & P 120 Snider Pack s Southeast P 2 8ou Cal Ed 15 Sou_Asbestos 1Southw G & E 58 3§tand Invest 5s . 4Stand P & L 6s Y 2 Stutz Mot Tias ... . 108 138un Mald_Rais ‘823 77 . 38un Oll S'as - 10073 10073 1007, 5 Swift & Co 85 10013 100 © 100 18 Texas P & L 1005 100 100 1Ulen & Co 613 9914 99v, 99% 3Uni R of Hav 7.3 1110 " 110 * 110 3 Valvoline Ol 7s ... 108 108 108 5Va Elec & Pow 55 A 90'; 99'; 0% 38 Warner_Quinlan 65 117 * 114'4 113 1 Westy Chior 5'as ‘37 102'2 102'3 102'; Sales FOREIGN BONDS. in thousands 3 Asri Mor Ba 7s '4T. ABaden 7s........ 2Bank Prussia 6s. 8 Berlin 6:..... 1 Buenos Aires 7ias 1 Burmeis & Wain 6s.. 8 Cauca Vallev 75 10 Com & Pri Bk 3 1 Danish Cons 5s.. 52 Denmark 5'.s.. 6§ Estonia %5 23 Free St Pris 1Free St Prus 19 Gelsen Min 6s..... 3 Ger Cons Mun 7% G Ger Cons Mun 6s ... 16 Ger Pr & Com 6'.s A 8 € Hamburg E 5 ... : 86 Lsotta Fraschini s .0 10215 10115 9 Ital Superp Gs ... | 81'; 10 Jugosl Sta Mo Hk 53 4 Lomberd Elec s A .. 99% 5Mansfi M & S 75 '41.. 103 & Mendoza 7ios '51 ... 99 Mor Bk Bogota 7s. | 15 Mor BK Chile 6s '3i.. 8 Muni_Medellin Rio Grande 6s . Rio Grande 7s Si 81 85 997 81 8 9934 103 Russ’ Gov 61 antiazo 7s Serba 73 B Silesia_Ts 7 Stinn Hugo 10 8wiss Govt 3 S 3Tyrol Hyd Elec 7. 10Uni Elec Serv 75 A 10Uni El Ser 75 A ww 2 URI St Wks 625 A.. s 'n ] 1 1 H 7 1 1137 1824 133 A - 90 85% %0 ~yhen issued. n g WwW—With warrants. COTTON IS STEADY IN EARLY DEALINGS Market Reacts to Firm Liverpool Cables—Selling Is Absorbed. By the Associated Tress NEW YORK, October 19.—The cot= ton market opened steady at a decline of 1 point on July, but generally 3 to 6 points -higher in response to relatively steady Liverpool cables and apprehen- sions of lower temperatures in the Southwest. There was a good deal of realizing and considerable Southern selling, but it was absorbed on set- backs of a few points from the open- ing prices, and the market firmed up. with December advancing to 19.80 and March to 19.71, or about 10 to 11 points net higher, by the end of the first half, hour. Private cables said that hedging and some continental selling had been absorbed by trade calling and Bombay buying in Liverpcol, but that the de- mand for cotton oloths was less insist~ ent, with a disinclination to pay cur- rent prices. EXTRA DIVIDENDS. NEW YORK. October 19 (Special).— Among the dividends announced yester- day were three extra distribution . The companies voted stock payments, while three daclared initial distributions. The Kings County Trust Co. declared an extra dividend of $10 a share and the regular quarterly of $15 a share on the capital stock. This makes a total of T‘l:" lg; the year. e Corn Exchange National Bank & Trust Co. of Philadelphia declared and extra dividend of 2 per cent, on the outstanding capital stock. The Pro-Phy-Lac-Tic Brush Co. des clared an extra dividend of 50 cents & share on its common stock. The regular :‘(:nmemun dividend is not due at this The Continental Can Co. declared & 100 per cent stock dividend on the outstanding common stock. X The Provident Bank & Trust Co. declared a stock dividend of 4 per cent on_the stock outstanding. 4 fian(ha? fi‘lx:ldtol dN!lllonll Co. declared ap vidend of $2 a shar clgj'llll stock. $ S thf stocks. Ltd., declared an initial quarterly dividend of 1215 cents on the class A and class B stocks. Julian & Kokenge Co. declared an initial quarterly dividend of 4334 cents a %’:."K‘:i tlh%lcommon stock. s e lel Electric & Manufactu: Co. passed a dividend due at this 3&' f.r;tthe cllsstA and class B stocks. The payment was 25 cenf A“Dlxl“ o ts quarterly on rectors of the Indian Motor Cye Co. took no action on the 50-cent cdyivE dend which is paid everyfour months and which is due at this time. The next meeting will be held late in November, when the matter of dividends may be considered. According to an official of the company. earnings did not warrant payment of a co P common dividend at this FOREIGN EXCHANGE. (Quotations furnished by W. B, Hibbs & Co.) Nominal gold Sellinz ch value (or par). day o Londen. pound. 54.8665 Paris. ‘frane 3 Brussels. belg: Berlin, mark. .. Rome.” lira Zurich. franc Athens. drachm: Madrid, peseta Vienna. schilling Budapest. pengo. . crown (nom | w. zloty. ... Copenhagen. crown. Oslo, crown .~ . Steckholm, yoo crown TREASURY CERTIFICATES. (Reported by J. & W. Bate Maturicy olae iy Vs 3%s Mar. 1 3tas Mar. 3198 Sept. 3 2433 s Dec 24:32 32 9721.32 In Nearby Virginia Prudential 51/2% lm;l:n::eh.Co. Loans Commonwealth Investment Co. M7 15th St N.W. Phone Main 2423 WE FINANCE —all cissses of income-producing oroperty Large Loans a Specialty Current Interest ra! nd commission Higbie & Richardson, Inc. 816 15th St. N.W. 7 Schulte R Est s 'x WRIGHT, SLADE & 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, V. Paris, France Ladies Room Reserved—Complete Trading Facili Collateral Loans Investment Securi | Corporate Trusts Individual Trusts Administrator, Executor Safe Deposit Boxes i [~ 9Pug 8 P & 1 R Bestos 33 Real Assn_ BKivn 4 Reynolds Metal bid 1 Ross Stores . . 3 Roval Bak Pow rts 13 Roval Bak P Brd. . = Ruberoid i 1 Edison El. 1Il. of Bost. 4128 1330 Erie Rwy. Co. 75 1930 Gen Mot Accep Corp. 65 1937 Gen. Petrol. Corp. 55 1940... ... Goodyear T & R. 55 1557 Grand Trunk of Gulf Oil of Pa. 55 193 Humble Oll 5125 1932, Mass. Gas. 5125 1946 New York Tel. 65 1941, 0. . Oregon Short Line 4s ‘1929 Pure Oil Corp. 5'.s 1937... . Shell Union Oil Co. 55 1947 Southern Pac. R. R. Co. 45 1920 and. Oil of N.” Jersey 55 1946 L. 15 MU &S, Rwy. 45 1029, ift’ & ‘Co. 55 1932 5 1100 Oil Co. of Calif; 55 1935, £844 88 &8 30 72 n% 72 2 824 82% 82% NEW STOCK ISSUE. NEW YORK, October 19 (#).—A new issue of 35,000 class B common shares in Louis Phillippe, Inc., a Delaware cor- poration and maker of cosmetics, Is being offered at $30 & share. Class A stock 1s now listed on the curb market. Application is to be made to list the West Shore 4s 2361 Wilks-B & El 1st b8 WisCen gn 4s 49.. Rem Knd 6%s war. 49 95% .. 10 99 « 5100 8 102 20 97T 3 94 11 93 1L 104% 12 104% Kings County Trust.$ Kodel B1 & MI b Mercantile steres. . o. p! Met Chn" Strs pf . Neisner Brosh pf Northwest ULl bt Silver (1) & Bros pf $1.75 Sinelatr Ol 78.. . Sinclair Crude b%4s Sin Pipe Line b: Skelly Oll 5% South Bell Tel 63 Southwest Bell Stand Ol N J 6846 15 1027k SugarKstOrientels 1 98y TennElecPow 6547 1 10614 United Drug 68 63. 973 A Continental Trust Co.J! i.5. 5yt <& %t U5 Ko at 5 claka . Westinghouse E. & M. 5s 1946... U S Rub 74 3 101y el 14th and H Streets e e U8 Steel s f 50 7107 The world stock of zinc on October 1 WADE H. COOPER, President | TR Utah Pow & Lt & 7100t was estimated by the American Zinc Capital, $1,000,000.00 1 s s H H s 000000000 ¥ 13 Safeway Stores. . 18 Safeway Stores n Corn Exchange Ni 1 Safew Strs opt w Bk & Tr (Phil 45 8t Regis Paper. Cuard Pire Acsur 7 Schiff Co. Kings County Tr. 25 Schulte Real Esi. . Erorhylaclic Biugi. 9 Schulle United 2 3 Schulte Uni pfd 2d pd 93 nitial. spbopl 3 Stoviie Rty s 7'd Capltol National... $3.00 .. Oct. 2 Scoville Mfg s Chapman Ice Crin :'nr .I%cn‘ Ger Am Inv wi lstocks c V. Do B 1214 @ Nov. ontinental Can....100% stkNov. 23 Prov Bank & Trust. 4% stkjan. 1 Omitted. xa‘:l.!l & Mfg A' ggg % Sheatter pen .. haron Stl Hoop. . Shredded Wheat An issue of $2.400,000 6, per cent|Vertientes Sug 7s.. 1 95 Institute to total 68,300 metric tons, of cumulative preferred stock of the City | west Elec6s...... 1 102l which the United States had 43,500 tons. Ice & Fuel Co. of Cleveland is to be | Westn Union 551, 17 102% ‘The second largest amount, 6,000 tons, offered shortly. Sales of ice are made' westn Union 64 2 1104 was held by Belgium. England’s stock at wholesale and retail in 18 States Westinghouse 8 103% amounted to 1,400 tons, i