Evening Star Newspaper, October 24, 1928, Page 14

FIN - Offices Saul Building 7925 15th St. N.W. rooms at Inspec- Several desirable very reasonable rents. tion invited. B. F. SAUL CO. Main 2100 925 15th St. N.W. First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. Money Available for FIRST DEED OF TRUST LOANS On Completed Properti for Construction U. Reasonable Interest and Commission Rates and First‘Mortgage and Il | Construction Loan ! Applications Invited at 5%% | Glover & Flather 1508 H St. N.W. Main 1753 REAL ESTATE LOANS 519 Homes, Apartments and Business Properties In District of Columbia and Nearby Maryland-Virginia 3.5-10-Year Terms Prompt Replies Randall H. Hagner & Co. (Incorporated) Decatur 3600 1321 Connecticut Avenue Mortgage Loan Correspondent New York Life Insurance Co. Let us have your applications ' “LOANS ON REAL ‘ ESTATE Immediate Action Courteous Treatment Our record of 35 years speaks for itself. ? Percy H. Russell Co. | 1731 K St. N.W. — Mortgages Investments JAMES Y. PENNEBAKER Main 5328 1520 K St. N.W. Understand —just why it is that your property is not measuring up to expectation in the matter of earnings. Maybe inexperience is responsible. Doubtl out. we can help you We put our experi- ence at your service. B:-F.-SAUL-CO. Main 2100 925 15th St. Investment Suggestions Each month The Equitable pre- pares.a list of bond suggestions suitable for business and per- sonal investment needs. This monthly publication sup- plements a Bond List with several features devoted to the interests of Bond buyers. Send for a copy THE EQUITABLE SECURITIES COMPANY ING. A mbsidiary of The Equitabie Trust Company of New Tork 917 Fifteenth Street, N. W. WASHINGTON. D. C. ANCIATS | STOCKS HOLD FIRM | OND.C. EXCHANGE | | Il Washington Gas, Pepco and Mergenthaler Are Featured in Trading.’ LY EDWARD C. STONE. | Stocks held firm on the Washington | Stock Exchangs today, with trading | covering an unusually wide list of se- curities. Washington Gas moved up to 101';, Potomac | Electric -Power 515 per cent preferred | moved at 109 and | Mergenthaler sold | between 101'3 and 10175. Chestnut Farms | Dairy common was rong at 158 and (the preferred 1109. Peoples Drug |Stores preferred | held at 122 on sev- sral small-lot trans- {fers. Riggs Na: | tional Bank stoc | figured in severa! | small s;);shnt 57702, a new high. v | AT e scel. - Maraban. laneous list Barber & Ross common | came out at 22! and Columbia Sand | & Gravel preferred at 911.. ton Railway & Electric moved at 10014. The bond list was also active. Gas 6s, | series A, moved at 106 and the series B | issue at 10715. D. C. Paper 6s sold at ! 96 and Capital Traction 5s at 1011;. Harahan Estimates C. & O. Earnings. President W. J. Harahan of th Chesapeake & Ohio Railway expects | the road's earnings this year to equal | or exceed $20 per share on the com- | mon stock. He says net income for | |the last quarter “should be about the ttle better than the corre- In view of the reduction of last year and a half and considering ! | the compromise that has been effected | between the Northern and Southern | coal roads on lake cargo coal rates it | seems to us that our earnings in 1929 | should exceed those for this year. “‘Our September gross revenues will | show @& decrease of about 8 per cent and |surplus after taxes and charges a’de- | crease of about 12 per cent compared with last year, making the estimated gross for the month about $11.175.000 jand surplus about $2.950,000. The first | 1 17 days of October showed car loadings of 61,799 against 60,619 last year. We estimate that October gross revenues jwill be about $11,200,000, compared | with $11,722,916 last year. “If November and December are as good as last year, final net for the year will b> around $24,695.000. equivalent to $20.87 a share on1.178.105 shares of common. Last year earnings were equal | to $24.19 a share on the common and in 1926 $24.75 a share was earned on ll;:g,sua shares of common outstand- Wholesale Prices Move Upward. Continued upward movement ~ of wholesale prices is shown for Septem- i ber by information collected in repre- sentative markets by the Department of. ubgi Th: ““lnmf index number, | computed on n year, 1926, as . mfl::udinl 550 commodi- ties or price series, stands at 100.1 for September compared with 93.9 for Au- gust, an increase of nearly 11, %. Com- pared with September, 1927, with an| index number of 96.5, an increase of | nearly 3% % is shown. Among farm lucts grains ad- vanced appreciably- in price, while live- stock and poultry showed a still larger increase. The group as a whole averaged | over 11,7 higher than in the preceding | month. Foods also increased in average | prices, due to the continued upward movement of butter, eggs, fresh and cured meats, and potatoes. Flour and | sugar prices were slightly above those | of August. Marston Joins Westheimer & Co. Harmer Reeside, manager of the | Washingion office of Westheimer & Co., members of the New York Stock Exchange, announced yesterday that M. Marshall Marston has become asso- ciated with the local office. Mr. Mars- ton was born and reared in Washington | and is well known in financial and bro- kerage —eircles, . where he has many friends who were today congratulating | him upon his new connection. Wimsett Company to Expand. Charles A. Delmar, regional vice - ident for the. Wi area of the | | National Wimsett chain of small-ioan banks, who has just returned from a conference of ‘company . executives in New York City, has announced that still further expansion in the organization is contemplated. The executives, he said. decided to establish 12 new offices in| various cities. Bond Club Officers Mect. The officers and governors of the Washington Bond Club held their first | meeting of the season yesterday after- | noon, Plans were made for the first | noon luncheon which will take place the last of November, | Amorg 'thoss present were Kenneth 5. Wales, president; Frank H. Ellis, vice president; Sidney T. Thomas, sec- retary-treasurer; and L. M. Proctor, W. W. Mackall -and Charles Carroll Mor- | gan, a past president. Financial District Notes. Pugene G. Adams of Johnson &/ Adams has returned from Chlclgo,’ where he attended the funeral of H. G. B. Alexander, chairman of the board of the Continental Casualty Co. Mr. Alexander had been president of the Continental for 25 years until a few months before his departure, following his election as chairmen, when he was succeeded by H. A. Behrens. The District Lifé Underwriters’ As- sociation will hold a golf tournament at the Seaver Dam Country Club Fri- day afternnon. Many prizes are to be presented and Earl D. Krewson is| chairman of the committee. RAILWAY PROFITS DROP. BALTIMORE, October 24 (Special). —With a single -exception, net earn- ings of the United Railways & Elec- tric Co. of $39,034 in September were the smallest. of any corresponding | according to a report filed with the | Public Service Commission. ! For the nine months endsd Septem- [ ber 30, 1928, gross was. $12,044,670.49, as compared with $12,059,100.54 in 1927. The loss in January and Febru- ary befors the three-tokens-for-25- cents fare went into effect was $24,-| 882.35. The report pointed out that these figures indicate that the company is earning_at the rate of -5 per cent on the value of the property as fixed by the Public Service Commission, as against 6!, per cent estimated by the commission in fixing the present fare and 7'> per cent as claimed by the company. GENERAL ELECTRIC PROFITS. NEW YORK, October 24 (#).—Gen- eral Electric Co. for nine months rej net profit of $38,841,625, equal to $5.12 | & share on common stock, compared to | 845,193,054, or $4.61, in the first nine months of 1927. Sales billed for the first nine months were announced by | President. Swope as totaling $242,676.- 1762, 2gainst $225.959.610 in the corre- sponding . 1927 period. Peruvian Loan Oversubscribed. LONDON, October 24 (#).—Subscrip- tions were so heavy for the £2,000.000 Feruvizn loan of 6 per cent bonds that th: bocks were closed at 10 am. todzy. ‘Washing- | o Abitibl Power (4 Abitibi Po pf(6) Abrahm&Straus Abr&Strasi % nf Abr & Straus rts Adams Kxp (8). Adv Rumle: Adv Rumley pf. Ahumada Lead. Air Redetn (13). Alaska Junea | Albany Papr(2) Allied Chem. lied Cm pf(7). Allis-Chalm (7) Amal Leatner pr | Amerada«2). am Agricul Chm | Am Agri Ch pf Am Bk Note Am Br Shtj1.60) | Am Brown Bov. Am Brown Bo pf Am Cant)..... | AmCar&Fdy () Am C & F pf(7) Am Chicle13) Am Drugi8ie | Am Encau T(2). ! Am & For Pow Am&For Pr 2d 7 Am Home Pr(3) Am lce(T2%). . Am Internati(2) Am LaFr&Foam Am Linseed. ... Am Locomot (8) Am Loco pf(7).. Am Mac&Fy (4). als(3).. 3 Am Po&L pf(6). Am Radiator(5) Am Ry Ex(6) Am Republic. .. Am Saf Raz(15) m Seatiug:3) Am Ship & Com. Am Smelting(8§) Am Snuff(12) Am Stl Fdys(3). Am Sugar...... Am Sugar pf (1) Am Sumatra (3) Am Tel & Tel(9) Am Tobacco(8). Am TobaccoB(8 Am Typeko(8). Am Type pf(7), AmW W&EIcl). AmWW1st pf(6) Am Woole Am Woolen pf.. Am Writ Pa ctfs Am Wr Pa pfcfs Am sine..... Am Zune pf. Anaconda (4) Archer-Dan(3). ArmourDel pf(7 Armour, 1UILA). Armour, 111(B). Arnold Con & Co Art Metal(1%). Asso Dry G(2% Asso OIl(2).. Atchisontlt)... Atl Coast L(710) AtiGult & WI,. Atl Gulf pf(3). Atl Refiningt4). AtlasPowder (4) Atlas Ta Ausun: Nichols. Auto Sales. ... Auto Sales pf(3) Autostrap A(3), Bald Loco pf(7) Balto & U(S). .. Balto & O pf(4). Bambgr pf(6%) Bang & Ar(3%) BankofCom(18) Barker Bros(2). Barker pf (632). Barnsdall A (2). Bayuk Cgrs (2 Beacon Ull. ..., Beachnut(13).. Belding-Hemwy Best & Co(3)... Bethlehem Steel Beth Steel pf(7) Bloomingdale. . Bimingdle pf(7) Blumenthal pf.. Bon Am1A4).. Booth Kisheries. Borden Milk(6) Boston & Maine Briggs MfgFCo. British Empire. Brockwy Mot (4) Bklyn Edisn(8). Bkiyn-Man(4).. Bklyn-Man pf BklynUnGas(5) BrownShoe(21 ) Brunswick B(3) Brunswick Ter. Brun Term . Bucyrus(1) Bucyruscvizi) Buff & Susq Buff&Sus pf(4). Burns BrosA (8) Bush Ter de(7). Bush Ter pf(7). Butte Cop & Z. Butte & Sup(2). Butterick Co... Byer & Co. . Byer & Co pf(7) By-Prod(12.75). Calif Packs (4). Callanan Zinc. . Calumet&Ar«6). Calu & Hecla(4) Can Dry t74%). Can Pacifict10). Canon Mils 2.80. Case Threshs () Cent Alloy(2). . Cent Alloy pf(7) Century RibM. . Cerro de Pas5) Certain-Teed(4) Chandler-Clev.. Chandler-Cl pf. Ches & Ohio(10) C& O Corpn(3). Chi & Alton.... Cht1 & Alton pf.. Chi Great West, Ch1 Gt West pf. Chi Mil & SUP.. Chi Mil & StP pf Ch; & Nwn(4).. Chi R1&Pact6). Chickasha (3).. Childsd2.40). ... Chile Copper (3) Chrysieris). City St B6% stk Cluett-Peabts). Coca-Colat$)... Collins & Aikmn Col & ALk pf(7). Col Fuel & iron. Col & Southn (i) | month in the history of the company, | Col Sou Ist(4).. Col Gas & K(6) Col G&E pfA(6) Col Carbon4).. Columb Carb rts Com Cred(J). .. Com Cristpf 6% CominvTri3.e0) Com Inv ( Con Solv Com Powr(13).. Congoieum-Nair Cong Cgrs (16). Conley ‘1" Consol Cgr ConsolGas pf(5) ConRRCuba pf 6 Consol Textile. . Coutainer A 1.20 Container 13 6ve. Cont Baking A.. POTS | Cont Baking B Cont Bak pf(8 Cont Canth). Cont Insur6).. Cont Mot (¥0c). Corn Prociit ). Corn Prod vf(7) Coty Ine (8). . Crueible SU (5). Cuba Cane Su pf Cuba Company . Cuban Am S(1). Cubsn Dom Sugx. Cudany Pk4). Curtiee Aero(1) Cutti Verorws Open. High. Low. Cless. © 43 4d% 86% 86y 197 107 110% 14 Am Express(6), o Booth Fish 1st.. 1 Received by Private 43a 88 107 LI04E110% 14 340 434 56l 107 110% 9 2811 3 1 Dome Mimest1). 6% 80l 995 7 4% 679 134% 6ls Cuyamel Fruit.. Davison Chem.. Debenhmst2 18) Deere&to pf(7) Dol & Huded). .. Del L & Wit7).. Darroft KA(R) . Detroit Ed (rts) | Devoe A tr3.20). * | Devoe& R 1st(7) I Diamond M79) Dodge Bros A. . Drug Inci4) Dunhill Int4). Dunont 113 50) Dy Pont dehef). Durham Hos. ... KastmantT8). .. Katon AxleiZ). . Srtingon (2 lec Auto Lid4). Electric Boat. .. ElecPow&L1(1) Elec P&Lt pf1 1) Elsc Stor Bat(5) Elk Horn Em Brantgm(A) End Johnis). .. Eng Pub Ser(1). Eng Pu S pfid). Euawit Bidg (2).. Erie R R Brie 18t bf Bureka V(i%). Fairbanks 3. .. FedLight(h1.40) Ked Light pI(6) Ked MolT(180c) Fidehity-Phuenx Fifth Ave(64c). First NatSc1ig) ¥isk Rubber.. .. ieischmanni3) Florsheim (A).. Fox Kiim At4).. Freeport (16%). Jabriel Snub A. Gardner Motor.. Gen Am Tnk(4). Gen Am TC rt Gen Asphalt. ... Gen Asph pf(5). Gen Bakg pf(8). Gen Cable. . Gen Cuble At4). Gen Cigars(4) Gen Elec(16). GenElec sp(6tic) Gen GusA (ol %) Gen tce Crm(3). Gen Mot pte7).. Gen Vutdr Ad(4) Gen Ry S1g(5).. Gen Kefrae(3).. Gillette 8 Rics). Gimbel Bros. ... | Gimbl Br pt(1). Glidden Co Gold Dust Goudrieh(4) Goodyear Tire Goodyr 1stpf(7) GothamiIZ%).. Gotham n v $2% Gothm ptf exwar Graham-Paige. Grnm-Paige cfs Granby Mint4). Grand Stores(1) Grand Uniun Grand Un vt Grant W T (1).. Grant W T rts Graselli (2.68),. | Gri North pf(3) Gt Nor pt cfs(5) Grt Nor Otl4). Grt Wn Sug 2.30 Gri Wn Su pf(7) Greene Cana(4). Guautanamo Su. Gult Mo & Nor.. Gulf States Stl. Hack W pf(1%) Hanna Istpt. .. Harb & Walker. Hartmn B(1.29) Havana Kl Ry Hershey Corp take(717). Houshold(74) Houston Otl. ... Howe Sound(4). Hud Mantz).. Hudson Mot(s). Hupp Mot (£2).. t1linois Cen(7) . ind Ol (13%3) ... tudian Mot 1) tndiun Refiming. Indian Refg ctis Indian Re pf(7). i Indust Rayon... tnland S(k16% ) ration Cop. horoRapTr | onRubber Internat Agri. .. int Bus Mutd) Int Cement(4) int Com king(2). Int HAarve)... intHary pf(?).. Int Mtch pf 3.20 Lnt Mer Marine. Int Nickel (3 Inter Nick p1(6) Intkap cts Int Prtg Ink 2% Int Ry Cent Am. int Ry CA pfib) Intl Salt(s), Int Stlver. int'Tel & Tel(6) isiand Creek(4). iJewel Teatd). Yonns-Munv (3). Jones Tea. . Jordan Motor. .. Kan City South. Kan CSo pf4). fmn D S(1). | Kayser Jib). ... heith-Albee Keith-Al pfe7).. Kelly-Spring. .. Kelly-Sp'g (rts) Kelly Tire ¥%pt Kets Hayes(2).. Kels Whpf(7).. Kelvinator Corp Kennecott (§) Kinney (G R) Kinney pf (8). Kolster Radio Kraftiglia) Kresge( 11.60) Kresge Dept S. . Kress SH(h1%) Kreuger & Toll. Kroger Grotei). Lago O1t......s Lambert (1633) . Lee Tire & Rub. Leh Por Cmt2 Lehigh PC pf(7) LehighValiste) Leho & Fink(3). Lite Sav(1.60).. Lig Myers(15).. Lig & Myrs B 16 Lima Locomtve. Liq Carb (14%). Loew’ Loft. . Loew's uf (6% ). Lorillard Co. . Lorillard pf(7). Louisiana Uil jLaOil pfi6%). . LouisGasA (115 Ludium Stl(2).. McAndrews .60 MeCrory At2).. McCrory 8(2).. McCrory pf(6).. Melntyre P(1).. | McKeespt Tin P} Mackay pf(4) Mack Trucki6). Macy Co ( Mad Sq Gar (2). Magma Coptd). Mailison & Co. Mandel(2'%). Market St prior. Martand Ol ., . MarlinaR(13%). Maruin-Parry... May Dept S(4).. Mavtag(?3).... Maytag pf (3).. n. Hizh. B3k 404 124% 1851y 120% 1934 Gen Motorst 7). 2 int Mer Mar pf.. : 12604 337 181% 23y 46% o8 6313 . Low. Close. ! 51 sl 624 62% e 1240 187'% 129% Maytag 1t of(8) Melville Shoe(1) Mengel Co. Mexican Seab. Miami Copi1). M1d Continent Middle States. Mid States ctfs Midland pf(112) Miller Rubber. . Minn & St Louis Minn StP&SSM . M St P&SSM pf. Missour: Pacifie Missonr Pac of. Mohwk Car 2% . Montgmry W5 Moon Motor. ... Mother Lot30c). Motor Meter A.. Motor Frod (2). Munsmgwr(3 Murray Corp... Nash Motra(t6) Nash & Chat(7). Nat Acme (sta). Nat Beliss Hess tl Biscuit(17) NatCash K A3} Nat Dairy(3) Nat Dept Store: Nat Lustillers. . Nat Knamel & S Nat Radlator. .. Nat Radiator pf. Nat Supplyeis) NatSupply pf(7) Nat Surety(10). 3 Nat Teat4).. Nevada C(1%). N Y Air Bri3).. N Y-Ceniral($). NYC&StL6). N Y C StL pf(6) N Y DocK....... ¥ & Harlm(s Y NH & H (2). N Y NH&H pie? N Y Oni&Westn N Y Stm pfA(7) Nort & Wntriv) | NorAm b10% ati North Am pf(3) orAm Ed pf(7) orth Pac (5).. Nor Paccfs(5).. Norwalk Tire. 211 Well Supply. 1 01l Well 8 pf. Omnibus. . Oppmollins(f4: Otis Elev(11). Ous Steel.,... Owens Bot(ei4) Pacifie Coast ... racine Gusz).. Pacific Mill Pac Il Stu | Packard Ma(t4). Pan-Am Petrolm Pin Amer Pet B Pan-Am Wn B Paramount-Fam Fark & Til (13). Park Utah(80¢). Pathe BX.... Pathie Bx(A) Patino M(292). Peerless Motor. Penick & Ford.. F Peoples Gas rts. Marqg(18) .. Pere Mara pf(5) Phila Co pf(215) Phila Co pf (3).. Phil Morris(1). . PhillipsPet(1%4) Pierce Oll. Pieree Uil pf Plerce Petrolm. Pillsbury(12.10) Pillsbry pf(6%) Pitts Coal. Pitts Coal pf Pitts Stl pf(7) Pitts Ter pf(6). Pitts& WVa(h) .. PortoRicoTobA . PortoRicoTob Postal T&C pt | Postum (3). . Pressed Sti Car. Pr Stl Car pf(7) Produ & Refinra Producers&R pf Pub Serv NJ(2) Pub Serv pf(6). | Pub S NJ pte7). Puliman Co(4) Punta Aleg Su, Pure 011 (s0e Pure Oll pf(3). Purity Bak(3). Radio Corp..... RadioCo pf(3%) RS HICefs(4). Reading Ry(4). Real Silk He Reis (R) & Co.. Remingtn-Rand Reo Mot (11%). Hep L& S(4) nolds Spngs. ReynldsTobB(5) RhineWstphalia Richfield O11(2). Rossia Ins(5)... 2 Royal D(a3.222) St Jos Lead(13). StL & SanF(18). StL & SFr pf(6). StL&Southwi StL Swn pf(5). . Savage Arms.2) } Schulte.(i3%).. Schulte pf(8). Seab Air Lin Seab Air L pf. Seagraveiel 20 Sears-Roe($213) Seneca Copper . . Shattuck FG(2) Shell Gn(1.40).. Shubert The5). Simmons Cot3). Simms Pet Sinclair U1l Sinclair pf(8)... Skelly UI12, Sloss-Shef(6).. Snider Packg Co Snider Pkg pf. . So Po Sug(f21) Soutn Calll K i South Dairtes A. South Dairies B. South Pac($). South Ry (8) Spaulding pf(7) Spang Chaifnt Spear & Co Spear&Co pl Spicer Mfg. . Spiegel Co (3) Std Com To(f1). SWG&B (3l). Std G & B pf4). Std Milling (5) StdUCHNZH).. SWOINJ(T1%4). StdOINY (1 60). Std Plate $td P Glass pf StdSanPro(1.68) Stanley Strom Car(2). Studebaker(6) Suhmarine Boat. Sun Ol (m1) Superior Of | Suverior St Sweets of Amer. Symington C1 A. utogn(8ve). Jopperil). Sorpn(3). ulf Sul(e exas & Puctd). Tex Pac C & Oil. Tex Ld Trinew) Thatcher Mfg. The Fair(24m). Tidewater AsOi} TIAWASOiIpfi6) Tidewater O}l 80 Timkent16). ... Tobac Prod (8). ‘Transcont OIl. . Transue & W(1) Trien Prod (2% ) Twin City RaTr. Udwd BI Fie). Un Bag&Plaper.. NEW YORK STOCK EXCHANGE . Wire Direct to The Star Office.’ 118% 93% 1274 1074 129% 4 228% {1y | Svecial Dispateh to The Star. % | stocks were almost fantastic. % | and to a possible split-up next year. | ran up sharply. | | 221% 56 80 108 470 % 110,000 shares changing hands at 50, up | s | withstanding the violent advancs the n | Claude Neon EI Pd..25c @ ot { Jones W “ | ontle copper... 1 2 | Delt-Maatschappy (Am: | sterdam) .. P * STOLS MANTAN | ADVANCES I PRCE 1Sleel. Crossing 166, Again Is' Leader—Coppers Also | Score Gains. BY GEORGE T. HUGHES. | NEW YORK, October 24.—chks| continued to climb in this morning’s market. Apparently there was no limit to the enthusiasm of the parties com- | mitted to the advance. Thz turnover ' was larger, the “bull tips” were more | numerous and the market was broader. | United States Steel was again the outstanding feature. The price crossed 166 in the first hour, thereby establish- | ing a record high for all time. Th!‘l argument was that steel was "behtnd‘ the market” and that if other indus- trials were entitled to sell at prevailing quotations steel ought to go higher | Whether the logic was sound or not, it had its effeet. | Besides the weekly revicws of the iron and steel industries were optimist- |'fc. The Iron Age spoke of the strength | of the metal market as “emphasized by | continued advance in primary materi- als.” The stress was on the favorable| price situation, as well as the continued | demand. i Other steel stocks shared in the improvement showed by the leader. ! Bethlehem and Vanadium were actively | bought, the first because of estimates of earnings running as high as $6 to $7 per share and the second because of its development along chemical lines. | The copper stocks were as con-| spicuous as the steel. Kennecott shot| forward to the highest for all time| above 119, Anaconda pushed ahead into new high ground since the, war, Chile sold fractionally above anything of | record in the history of the stock. | Green~ Cananea gained 5 to 6 points | and others in the group were in brisk | demand. | Some of the stories heard in the street | with regard to the copper and metal | One re- port had is that Kennecott was to take | over American Smelting & Refining, which in turn was to acquire General | Cable. Kennecott, it was said. would | increase the dividend to $7 from the ||| | present $6 besis. 1 More interest was taken in the tobacco | stocks. ~ More tobacco, both the com- ! mon and the class “B,” moved up in ; response to reports of increased earnings | Consolidated ~Cigar FINANCIAL.S 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 3 Resident Partner Offices New York Warrenton, Va. Paris, France Ladies Room Reserved—Complete Trading Pacilities We take pleasure in announcing that Mr. M. Marshall Marston is now associated with our Washington Branch Westheimer & Company Members of New York Stock Exchange ’ WOODWARD BUILDING, TELEPHONE MAIN 5500 APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY | Amusement stocks were represented by | | of | Paramount-Famous, one block nearly a point. In the oil group At-| lantic Refining was still the star. Not- | stock made the day before, it added | 9 points more todayv. In the railroad list St. Louis-South- western ran up 4 points. The Missouri | | Pacific sold higher on the belief that a | dividend was to be declared on the | preferred next week. Money renewed at 6 per cent and | time funds were a shade easier. TREASURY CERTIFICATES. (Reported vy J. & W. Seligman & Co ) Rate—Maturity. 3145 Dec. <" De 3% 3758 Mar. 3128 Mar: 13 a8 Bept. 3'2s Dec. Company. Am Re-Insurance. ... | Baumann (L) & Ca ist TOD. ¥, Jones & Laugh ' 8t1.1 MelIntyre Porcupine. Norfolk & Western Wiil & Baumer Ca Zonite Procucts. Initial. Extra. hlin Stl.17 Ex Dec. 1 estern. .42 Ex Dec. Accumniated. Gen Bldg & Funding.7% Acc Nov. & Lau, orfolk & ..*53.05 Coupon No. 68 “Dollar equivaieni of payment made on Dutch’ shzres. { Unton Carb(s UnOfl Cali2)... Union Pac(10).. Un Pacific pf(4) | Unton Tank5). | Utd Biscuit 1.60 | Utd Biscurt pf(7 | Utd Cigar 8tu1), Utd. Elec. Coal. . Utd Fruiti1s i) | US Distributing S Distribpf(7; S Alcohol(6).. S Leather.... S Leather A.. S Realty(4).. N s s 1974 2 547a 201 834a 17 Rubber Rub 1st pf. Smeit (3%). U u o u u u u u u U S Steel pf(7). U S Tobacco(3). uni Leaf Tobtd) Unjv Pipe & Rad Ut P&L Avez). Vanadium (4). Vau Raalte. ... Van Raalte pf.. | Vicksbg S&B(5) Vick Chemi4). . Vietor Talkg(4) Va Caro Chem. . Vir-CarCh pf(§) Va'lr C&C pt(5) Vivaudou Co. ... Vulean Detin Wabasn Wabash pf A(3) Waldotfi1lg). . Walworthu1.20) Ward Bak:ng B. Ward Bak pf(7) W Penn K1 pf(6) W Penn El pf(7) West DairyAté) West Pacific. .. West Pacifie pf. West Untonis). White Sew M Willys Ov( Wilson & Co. Wilson Co pf A. Wilson & Co pf. Woolworth(5),. 2 Worthn Pump. . Worth Pump(A) Worth Pump(B) Wright Aerot2) Wrigley75%) Yellow Truck... Younzstn Shid) 93% Hourly Sales ol 1Lam. 1.019,700 Lom. 2,543,700 20 8,250,900 Dividend rates as given in the above tavie are the annuai cash vayments on thy latest quarterly of nalf-vearly declarations *Onit of e sha extra "t Bius 4% 1 stock 't Bius % i stock ¥ breferred stock. 3 Plus 1438 tn ‘stock atd’ this year—no resular rate b nen Carned. " Fasabie in cash o tock. € Plus_10% in k. e Pins A7 |'Hlll & ock % Blus L tock. m rterly 1 arterly in Plus Located in the Disitict of Columbia and adjacent suburbs in Montgomery and Prince Georges Counties, Md. 5% INTEREST Apply to H. L. RUST COMPANY LOAN CORRESPONDENT The PRUDENTIAL INSURANCE COMPANY OF AMERICA 1001 15th St. N.W. Main 8100 "An Opportunity for Experienced Stock and Bond SALESMEN We are desirous of securing the services of intelli- gent, energetic men of experience and ability to repre- sent us in Washington. We spe ze in both listed and unlisted .iunes of the safest type. and are as interested in a salesman’s knowledge of stocks and bonds as we are in his ability. to all whoze letters tisfactory relation. We shall accord intervie hold promise of a mutually Mackubin, Goodrich & Company Bankers E-tablished 1399 111 E. Redwood Street Baltimore, Md. Members New York and Baltimore Stock Exchanges (T RATECIIL Equitable Co-Operative Building Ass'n JOHN JOY EDSON, President Organized 1879 th YEAR COMPLETED Assets . ceevees..85,449,°4449 Surplus & Profits $1,578,070.05 Subscription for the 95th Istue of Stock Being Received Save Systematically in the Equitable No~ matter what yom are saving for . . . % home, old age, your chil- dren's education . . . you'll find the Equi~ table’s systematic sav- ings plan a great h Start NOW and watch grow. " 915 F Street T WAL'{:.I S. PRATT, Jr., Secretary Your savings will ac- cumulate more rapidly if deposited -in the Equi- table’s systematic plan of savings. Come in and let us explain about the plan. 1730 Sixteenth Street N.W. Directly Opposite the Scottish Rite Temple FINE semi-detached residence on Sixteenth street, con- taining 16 rooms and 3 baths, beautifully decorated through- out. 6-car garage with chauffeur’s quarters This property is for sale at-a very attractive price, as owner has leit the city and desires an immediate sale. To inspect 3 —phone Main 5027 023 NewYork, Ave. d REALTOR I237W':‘;luinAve.