Evening Star Newspaper, October 25, 1928, Page 14

14 #% TRANSFER COMMON REACHES NEW HIGH v - | Abitibi Po pf.§) | Abrahm&Straus 108% 1134 108% 113% Storage Stock Up to 129 on| - Exchange—Gas Shares Gain Fractionally. FINANCIAL. | | Open. Hizh Low. Close. 434 43l 42 42t 87t Bih Kdly 85y CubaCaneSugar Cuba Cane Su vf Cuba Company . Cuban Am B(1). Cudahy Pke(4). Curtiss Aero( 1) Cushmann pf(7) Cushmann pf(8) Cutlr-Ham3%) | Davison Chem .. Debenhmst2 18) Deere&Co pf(7) Del & Hudi9).. 1% 2% 329% 530 55 53 Abr & Strausrts 1 Adams Exp (8). Adv Rumley Adv Rumley pf. Ahumada Lead. Air Redetn (13). 2ty 340 63 83% u 9t 281 0 Albany Papr(2) Alb&Susq(i11). BY EDWARD C. STONE. Merchants Transfer & Storage com- | mon led trading on the Washington | Stock Exchange today. selling at 129 for the first time. The last previous sale in this issue was made at 126. Just | 100 shares changed | hands today at the 5 ! new high mark Thz preferred sold ! at 108. | Fractional gains i pushed Washington Gas up to 102. The stock opened at i 1013, the day’s | turnover including three 10 share lots | and one 20 share i lot. Mergenthaler | Linotype moved. in | small lots, opening| | at 101 and closing | at 1013 C. B. Hazlewood | Two 10 share | sales were recorded in National Metro- | politan Bank stock at 400. It was the first sale in this issue in a long time, the | last having been made at 405. Another | bank stock appearing on the board was Federal- American which moved to the | extent of only 10 shares at 336. Seventy shares of Potomac Electric Power 5 per cent preferred stock moved at 109'. The 6 per cent issue . moved at 113'. Firemen's Insurance Co. came out at 37 Peoples Drug ‘Store. again changed hands at . onds maintained their recent levels in moderate trading. - The largest sales! were in_Capital Traction 5s at 10115 and. in Railway & Electric 4s at 9212/ Stock Purchaser Issues Statement. Relative to the reports that outside | interest: are endeavoring to obtain | Co. by securing a majority of the stock, D. A. Pearson. a New York financier, who has been accumulating | the shares, made the following state- | ment today: “Several months ago. as the repre- sentative of a small group of investors, of which I am one, I undertook to buy a block of Washington Gas Light Co./ stock. which was then selling in the | Am Stl Fdys(3). control of the Washington Gas Light| Am Sugar % Am Sugar p! Am Sumatra (8) Am Tel & Telt9) 179% 179% 179 Am Tobacco(8). 171 1 Am TobaccoB (8 Am Tob pf(6).. Am TypekFo(8). Am Type pf(7). AmWW&EI(cl) Am ‘VrPa pf cfs Allied Chem. B Allied Cm pf(7). Allis-Chalm (7) Amai Leather. . Ameradac2). Am Agri Ch pf. Am Bk Note (2). Am Bk N pf(3). Am Reet Sug pf. 5 Am Bosch. 37 3Th 86\ Am Br Sh(j1.60) 4% 42 41% AmBShoe pf(7). 122% 122% 1224 L Am Brown Bov 15 15 13% Am Brown Bo pf 50 50 50 Am Can(2) 110% 110% 103 109 AmCar&Fd 91h 91% 90l 90K AmC& Fpfe7). 1145 1144 114% 114% Am Chain pf(7). 83 B3 3 Am Chicle(3). 3 Am Drugi80c) Am Express(6). Am & For Pow. Amé&For Pr2d 7 Am Hide & L pf. Am Home Pr(3) Am lcet12ig).. 400 39'% 40 Am Internatl(2) 125'; 125% 123" 1234 Am LaFr&Foam 9 e Am Linseed.... 126 130 2 ) Bert Am Locomot(8) 90 913 90 9l |08 PuS pfih). Am Locopf(7). 107 110 107 109 |LuvitBids 2):. Am Mac&Fy(4). 174% 174% 173 173 | EQuitableTr(12) Am M&Fpf ew 7. 1134 1134 118% 113! B.R Am Metais(3). . 5lia 51 Am Metals pf(6) 112 112 112 Am Piano, 1814 13w Am Piano pf.... 494 494 Am P& Li12).. B5% Bain B3a Am Po&L pf(6). 1 102 102 102 Am Radtatori) 1597 157'% 157% | Ked Light pl(6) Am Ry Ex(6) 2 120% | Wed MotT'«180c) Am Republic... Y 7 Eidelity-Phoenx Am Saf Razi15) First NatSc1%) Fisk Rubber. ... Fisk Rub 1st pf. Fisk R ist pfev. rielschimanni3d) Florsheim (A).. Florsheim pf(6) ¥oundation Co Fox Film A(¢).. Freeport (16%). Fuller pr pf(6). Gabriel Snub A, Gardner Motor Del L& Wir7). Den RG Wn pf.. Detrott Kd(8). . Dianiond Mi79) Dome Mines(1). Drug Inci4). ... Dul §S & Atlan. Dunhiil Intg4).. Dupont (713 50) Durham Hos... Kastmantv¥)... Kastman pf(7). Enton AxleiZ). . Erseniohrd Bro. isenlohr pf (7). o | Bitingon (2%).. Eitngn pf8). lec Auto Led)y Elec Au L pf(7). Electric Boat... ElecPow& Li(1) Elec Stor Bat(h) £1k Horn. d JdonniB). L a " | Endicott pfi7). . 130 | Eng Pub Ser(1). 142 13 . 60N 60% i 135 [ 601, 5 5% 36% 42 144 50 126 2 Kureka V(t34). Kxchange(1%). Fairbanksid;. . FairbankMpf(7) 49'% B4% 4918 Am Ship & Com. 4% Am Smelting(8) 267 2675 266% 266% Am Snuff(12).. 170 170 169% 169 Am Snuft pf(8). 105% 105% 105% 1054 | 56 56h bdh a3l 15 15 Tan ) 1065 106% 10G% 1067 61 61 603 604 179 " 4 170 171% 170% 170 1174% 1170 1168% 1165 181 131 131 131 TO e T 60% 60% 60 60 481s 4Bl 48 48U ;‘;:’,'.::fi:‘;};s . 136 VING STAR. WASHINGTON. D. €. THURSDAY. OCTOBER 25 Open. It 13 20 High. Low. Close. An % an 13 13 13 20% 20 200 1T% 176 17% 175 6iin 67 6T 6T 184' 1384 133 135% 130 130 130 130 110% 110% 110% 110% 60 60% 60 60% 6213 6213 61 615 4z 42 42y L2470 12004 1280 1861y 137 - 136'2 187 12 129 128% 12 55 . & 19115 1914 Ay 8% Bly B 116 116% 114l Ltk 4 4 4 4 897k 439 5% 18544 185 5l 1 B9in 431 5% Auly 431 434 % B 4 181 e 126% 591y 593 86 b 9Bl 93 934 E 36 3b% 3l 109% 109% 109% 109 115% 115% 112% 110 110 110 12 12 EYin 89's Bla T8in 1240 1 454 9y 297 456 56 Rac 18! 1 60 56y 934 36 B0% 56 895 4% EIC 29i 456 A4l 9Nty 284 Ny 24% AT 44 1% Ul 115 1% 98 98 98 124 682% 6% Bala 504 991, 38 38 . 100% 100% 46 46y 106 106 24t 24% 10 10% 4% 106 »4 T3 4 | McCrory B(2).. Meclntyre P(1), . McKeespt Tin PI Mack Truck(6). Mackay pfi4). y Co (2). Mad Sa Gar (2). Magma Copt3) allison & Co. Manati Sugar... Man Elee Suply. Man Shirtez).. Maracaibo Oil. Marland Uil . Marlin:R(13%). Martin-Parry... Mathieson(6). . Mathieson pf(7) 1 May Dept St4) 1 Miami Con(1).. Mid Continent.. Middle States. Mid States ctfs Biller Rubber. . Minn & St Louls M SIP&SSM . MSUP&SSM 1i(4) Mo Kan & Tex. . Missour: Pacific Missourt Pac pt. 1 Mohwk Car 2% . Moon Motor.... Mother Lo(3uc) Motion Pie Corp Motor Meter A.. Motor Frod (2). 1 Motor Whitz).. Mullihs Mfg. .. Mullins B pf(8). Murray Corp. .. Nash Motrs(18) Nat Acme (sta). Nat Belias Hess 1 NatBHess pf(7) Natl Biseuit(17) 1 Nat Cash K A(3) Nat Dairyi3) 1 Nat Distillers pt Nat Knamel & S Nat Lead pfA(7) 1 Nat Pow&Li}) t Radiater. .. | Nat Ry Mex 2d. Nat Supply(16). 1 NatSupply pft7) 1 Nat Surety(10) Nat Teat4).. Open. 0.2% 22 21 2 Mo K&Tex vf(7) 104% 4 Montgmry Wi 333 [ 3t 10 200 72 394 91ty 110% 16 i 109 69 Y604 bty 44 42 17 4% 5! 1264 1074 50!y Harlm(5) 265 64'% NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. 47 104 18% 3 ni 115 305% 3 37% | realizing. STOCKS IRREGULAR INHEAVY SELLING' ;Market Turns’Reactionary in' Late Trading—0ils and Rails Gain. BY GEORGE T. HUGHES. | Spscial Dispatch to The Star. NEW YORK. October 25.—Except for today's stock market was a reactionary | affair. | General Molors, selling at 224, made | a new high record. but most of the in- | dustrials were the objects of heavy | However, the losses were | | small and there was no weakness and | no sign of an impending break. Money renewed at 62 per cent. went to 7 per cent at noon, to 7', per cent in midafternoon and to 8 per cent ‘a | the last hour. Attempts to ascribe the selling to the hardening of money were not. convineing. | The oil stocks were taken up direct- | Iy at the start. Atlantic Refining made | a new high for the old stock. and there was an active demand for the new shares, trading in which was begun on a “when-issued” basis. More signifi- | cant, however. was the demand for the lower-priced independent oil stocks. | Among the leaders were Mid-Continent | Petroleum, which made a new high for, *ithe year. above 38: Shell Union, Sir- | clair, also at a new 1928 peak. and Phillips. The turnquer in the last named was especialy ‘large. one lot of 11.600 shares changing hands at 45, after which the price went throuch this figure, and so made. by a frac- don, a new top. Optimism Toward Oils. Optimism toward the oils was in- creased by the publication of the quar- terly reports of Marland and of Phillips. Marland reported a net profit | for the third quarter of $569.367, against | | a net loss of $1,040.311 in the third quarter of 1927, Phillips made a profit | of $5,846,156 in the third quarter this | year, against $4,014,286 in the third quarter a year ago. | The rails had the benefit of favorable | September earnings statements and of the belief, widespread in speculative circles, that any reaction in the indus- trial list would be accompanied by a | bidding up of the carrier stocks. Mis- | souri Pacific preferred was actively | bought on the assumption that the ! directors were about to initiate divi-| Billions of Dollars 1926 FINANCIAL. We can assisl you in reAnancing Thos. E. Jarrell Co. Realtors 320 10th SL AW Billions of Dollers 1928 Main 366, Miller “Train” Control Bought and Sold Thomas L. Hume 1412 G St. M. 1346 On Improved Property im Maryland and District I TR R 0 of Columbia 6% Interest No Commission Charges | W EAVER BRO REALTORS 809 15th Street N.W. Main 9486 \| M/ ] mmmm BY CORRINGTON GILL. The ratio of brokers' loans to the value of all listed stocks on the New York Stock Exchange increased one- | 8 & E’.’AL‘.--- mmmmmmm Mortgage Loan Corréspondent Metropolitan Life Insurance Company Gill according to the figures just released | by the Stock Exchange. On October 1 the ratio was 9.20 per | cent, compared with 8.80 per cent on | September 1. | 116% 116% 116% L16% [Ny N 39 39 36% 87 G 80t 80% T8y 9 61 6l 59y 60 1710 1720 169% 1704 1 e A o Am Woolen. 19 194 18% 194 S 48% 46 Aot ddTh 42 AmZincpf..... 106 105 101 B9y B9 ST 38 38w 3T 95% 96 95 Hlin 9ln Ylin 1% 17 17% neighborhood of $90 a share. It was not - our intention to. buy control. nor have we made any attempt to do so. 1 would have it distinetly undersmod. that I have not purchased this stock | 4 on behalf of any holdings company. | “My interest in the management of the corporation is merely that which might be expected of any other stock- holder, namel; that the company should be managed with the highest possible efficiency, which would rebound | not only to the advantage of the stock- holders, but also of the consumers. who are the Washington public. I may add that my friends and I, after | careful investigation. placed a certain valuation on the stock and set that as the limit of the average price we were willing to pay. = “The fact that we accumulated most of our stock at lower prices enabled us to pay higher prices for certain large blocks. The stock we now own has already reached the average| valuation set by our experts. We are investors and not speculators. In local banking circles today the opinion was expressed that it would take a long time for any individual or group of outside interests to obtain voting control of the company. Thef stock is distributed amoag some 1,700 holders, who are so widely scattered | that 1t would take a good while for | purchasers to get in touch vith the largest investors. Another reason is that many large blocks ars tied up in estates and the sale of this stock would involve extended negotiations. A. B. A. President Once Messenger. Craig B. Hazlewood, the new presi- | dent of the American Bankers' Asso- ciation, started his business caieer as a messenger in the First National Bank, | Chicago. He has been vice president of the Union Trust Co. since 1917, hav- ing first gone with the bank as ad- vertising manager, later taking charge of the credit department, and m'nmz-‘I ing the new business department. In| 1910 he was made assistant secretary | and then assistant to the piesident, He has been a director since 1921. Mr. Hazlewood is chairman of the board of the Lake Shore Trust & Sav- ings Bank. He has been active in the American Bankers' Association for many years, as a member of the executive council from Illinois, chairman of the State legislative committee and serving " Club of Chi- G 3 - 27 president of the Bankers' CI i Burns Bros(B). 36 37 86% 37 cago and of the Reserve City Banl rsi‘ | Burfoughs(i4). 171% 171 171% 17i% n::eh::: :Tser:cusmm;e{; mcmcuafg"::; n;u.‘,z: z;». 1% 69 70 Chapter, American Institute of Bank- | gutte copd .. — 9% 104 o ing: has a degree from the University | gyrie & Supi2). 11% 13% 114 born East | L A1 K < O e i A 5 yer & Co . 158 15 Auto Production Slightly Lower. ‘BY-PNG('Z-“L 88% 89% allf Packg4). 76 76 Production of motor vehicles in the u,,{ an Zinc. % 3% 3 Bl United States in September was 413,722 | Cajumet&Ar«6). 119'a 1197 117 117t of which 358962 were passenger Cars Caju & Hecla(4) 44 44% 4204 3% e s win | byt (Ja s (i8 TI 3 anad Sou . 461,356 passenger cars and trucks in|cCan Pacificil0). 217% 219% 217 A% August ard 260,387 in September, 1927. | Canon Mlls 2.80. 47% 4% 47- 4T In August 400,503 passenger cars and | ase Threshg($; 390 390 390 390 gg,v&a bIQNCK?Q":erElhEpl‘M‘:\cel“n lzx;:‘}\; Cent Alloy(2).. 412;: 404 :-lb 10% ptember, 1927, e were 443 | 2% 22% 21% 21% passenger cars and 33944 trucks. | 106'% 106% 102 104" Canadian production in September 34% 34% 33 33w totaled 21,193 passenger cars and trucks. | 13 18 H sglmstbzl.zls in August and 11,262 1n}gl’:-ndler;.‘l ';‘u 126‘1 September a year ago. & Ohio(10) 136 For the first nine months, production } C&UCorpn(3). 67% in the United States alone totaled & Alton 1% 3,469,075 cars and trucks against 2,906, 16% 672 in corresponding period of 1927.| 134 ‘There were 3,064,237 passenger cars and | Unt' Gt W of. 334 404.838 trucks produced, compared | Chi Ml & StP.. 344 with 2,540,312 passenger cars and 366,- | Ch! Mil & StP pf 50% o0 360 trucks in 1927. i(:n :N m:l‘.; lh’glh l%}. - | Chi Pne Tool ¢ 26% 126% 126% 126% Heard in Financial District. g Nikbaois). 13 136 134" 134 Eugene E. Thompson. president of > PIAR)s oL - w 101% the Associated Stock Exchange, has|Uhickasba (3).. B5lia 51% 50 Bl |yuurmn DS). been i Montreal to visit the exchange Chid8(2.40).... 53 33 5l ¥ 5 4 “Kayser J1o) there. It is an exchange that does an | .. e (o5 38l | Keitn-Albe immense business. ¥ ) 1350s 136% 132% 13825 | ! ¥ 3 | Ketth-Al pf(7). In observance of the twenty-first an- It7 St B 6% stk 195 1057 104 | Kelly-Spring.. .. niversary of the Bank of Commerce & s Sk Kelly-Sp's (rts) guests at a dinner at Harvey's on the | ; 0 A el | Col & Southn(3) 111 111 110 The regular monthly dinner and open | SO Ga%& El6) 12w 1284 125 meeting of the Washington Bank | Sof S&E pIA(E) 106% 106% Women's Club will be held at The Par- | (ojoarconié). = 93 rot this evening. President Lol A.|Gon Grege . White, who has recently recovered from | com criutat a severe fllness. will preside for the | Com Gr ' first_time in some months and there | o will be several prominent guest speakers. The U. S. Shipping Board has ap- | proved the application of the American | s‘%;‘no’fllmlflm lmnls totaling about $4500000 with which to build four | o - passenger-cargo vesscls to operate be- | Gonoaon Al tween New York and Mediterrancan “U"R0ieum ports. The loan will be three-fourth | Cong Cgrs (16). of the cost of the ships | Contey Tini Clarence Saunders, founder of Piggly Cousol Cgr - Wiggly Corporation, plans a new na-|<on Film vf(2). tional system of chain stores, to b2 con- | Consol Gastb).. trolled by Clarence Saunders Corpora- | ConsoiGasbf(5) tion, a holding company. { ConRRCuba of 6 Joseph Schiavone. former president | Consol Textile. of the International Exchange Bank of | Sontaine: A 120 this city, who is now in the steamship | Container & 6ve ticket and insurance business, has|Cont Buking A opened a_branch office in Baltimore. Comt Bakiug B The District Bankers' Association | Cont Bak pfe¥ council of administration will meet to- morrow afternoon. The most important | matters o com2 are further plans for: Con the organizing of the new fidneiary | - and sefe depsit sections of the asso- ciztion. dends. Canadian Pacific, Union Pacific | and Atlantic Coast Line were higher. | buying eared in Chh:nsn‘ talk of a ' ( half of 1 per cent during September.|™The total ‘value of all listed stocks | now stands at $59.332.123511. an in- crease of 31,046242.048 for the month of Septcmber. while brokers' loans in- | | creased $462,202,280 to a total of $5,513,639,685 for October 1. H&H pre? 1120 RURAL' RATS PROVE OBLIVIOUS T0 NOISE [ ey e At Low Interest Rates to Yield 69, YUARANTY First Mortgage Notes, secured by completed properties in and near Washing: ton, provide an excellent medium of Cnvestment for banks and h vestors who require a high-grade, short term securil Notes are available in maturities Tyler & Rutherford | from ane to e sears 1o vieid ¢ 6%, and each Note bears this gl e Corporation's ~ direct and un. equivocal guarantee of principal and interest, | Special app Northwestern, where there is higher dividend. i Profit taking in the industrials af- jfected .nearly all the groups which bave been prominent of late. The cop- | pers hold off, notwithstanding another | fractional rise in the price of copper metal. Anaconda, Calumet and Arizona, | Greene Cananea and Kennecott lost ground. Steels did little more than | hold .their own, but taey had been | | unds t the el f the cay .. before. " S LT gt City Brethren Develop Bad Case of Nerves, Tests Reveal. Gen Klec(15)... GenElec spt6uc) Gen GusA (ol 1) Gen Gas pf B(7) Gen 1ce Crm(3). Gen Motors(17) Gen Mot pf(7).. utdr Ad(4) Norf & W pf(4). NotAm 010% sth North Am pfi3) North Pac (5).. 1011 Northwn Tel(3) 50% 51 51 BL 51 |O1 Welt Supply. 30 31% 34la 34 4 Suf... 100% 105% 106t 104 105 <1 2% T2be 7% 32 | UppmCothins(fs’ ¥l 118% 119 118t 119 |Orpheum Cireuit 7y 5% 524 53% (Urpheum pf(8). 94’ G4 93ix 9dm | VIS KleviTT) ... 236l 2 28 ugle 27i 278 | OUs Blev pf(6). 1. 106% 107a 105 103l | VUS Steel...... 32% 83ls B3% ¥2la a2y | OUSSUDFDIT) 9Tin 112 112 112 112 |OutletCopf(7). 113 35l ®8% 8ok ¥5% | Uwens Botierd) 53 100 104 Pracifia Coast. .. 28y Pac Coast 2d pf. 27 Pucing Gasi3 Pac Lightg (3).. Pac Lightgrts) Pacific Mills Puc VIl Stubs Packard Mo(14) . Pan-Am Petroin 50% Pan Amer Pot B 52i van-Am Wo B.. 7% Pamnandte..... 15% Panhandle pf... 88 Paramour.t-Fam 50k tark & Til (18). 9213 Park Utah(Sve). | 56% 56l 56 105 106 105 99 103 49 2k 224'% 219% 220 1245 124% 124% 124% Archer-Dau3). ArmourDel pf(7 Armour, NI(A). Armour, 1LI(B). 8l ix Bl Armour,lll pf(7) 85 85% 85 85 Arnold Con &Co 40 41 40% 4u% ArtMetal(1%). 30t 304 29% 29 ABSo Lry Giz% 48le 484 4T 4T Asso DG 1st(6) 101 10U 101 101 As30 OIl(2). 48 474 4T Atchisonc10). 1964 192t 1924 Atchison pf(5). 104 104 104 104 Atl Coast L(710) 165 165 163% 16: AUGUIT&E WL, 51 5l 48% 4 AUGUIf pf(3).. 57 50 57 bAW AU Refiningi4) 235 239 Atlan Ref (n).. 2% 63w 38 AtlasPowder<4) 99 90 . 90 Aulas Tack 1 1% 1% AuloSales pr(3) 3ik Bi 34 Bak Autostrap A(3). 46l 4612 464 464 Balto& O(6)... 113% 114 112% 1124 Bald Loco pfi7) 116% 116% 116% 116 Bambgr pf(6%) 109 109 109 109 Barker Broll:). 294 29% 294 i Barker pf (6%). 95 95% 9% 95|, Barnet Leather. 25h 23h 250 2o% l&r::': &"-1-"51','_', Barnsdall A (2). 43% 44l 43% 43%a|Gr, Bayuk Cgrs (2). 102 102 ° 102 102 Bayuk 1st pf(7) 107 107 107 107 22% 22% 22 224 40% 40% 40% 40% T T e 1TH 13t 16% 144 4% 92 9245 914s 91N Belg NRDf(16) 8m 84 Sdn 84 Betulehew Steel 65 b8ly 67 b Beth Steel pf(7) 120 1204 120+ Bloomingdaje.. 144 4dls 43 43 Blumenthal pf.. 1144 116 114% 1i6 Bon AmiAte).. Tin T4% T4 TdW Booth Fisheries 9h 9% 9 Borden Milki6). 165% 165% 164 Boston & Maine. 74 Téwm T4% Briggs MIgFCo. b4'% 55la bl 52 British Emp 2d. 6% 63 " 6% 6% Brockwy Mot(4) - T3 73% T2l Ts- Brockway pf(7) 146 146 146 Bkiyn Edisn($). 2 Bkiyn-Man(4) 6 BklynUn¢ (5) 160 BrownShoe(2%) 48 Brunswick B(3) b6l bols b2 Brunswick Ter, 40% 420 40k BrunTermrts.. . % A . % Bucyrusi1). 34y 34 34 Bucyrusevizlg) 43% 43's 43'a 100 i 50t sty Gen Ry Sig(5h).. Gen Refrac(3). . Gillette S k(c5). Ginbel Bros. . Gimbl Br pfui). Ghidden Co. Symington C1 A, lelautogni3oe). eun Copperi1). ‘exas Corpni3). Texas Gulf Sul(« Goodrich pf( Goodyear Tire. . Goodyr 18t pf(7) Gotham(3zis).. Gotham n v 323 Gotham pf(7).. Gothm pf exwar Grahuni-Paige. Gram-Paige efs Descriptions of these Notes, and illustrated booklet about Guaranty Securities, mailed upon request. S8 90 114 i 100 100 W ¥Ih T4 Bl B0 wlly 793 82 114 115 114 116 104% 105 104% 105 460 47 4l 2 43% 3% 4l WBle T T B9% 29t BY 37 38 08w 6% 89% 9% BTW BT 119 119% 1184 11 3 3 3 3 85a 7% BBa Bote 101% 101% 101% 10115 9 9 99 Consult Us First If you need money for your Real Estate financing let us have your application today. HAMILTON, N. Y. (#).—"Ci Tex Pac C & Oil. and “country” rats are being rais Tex'Ld Trinew) 240 2 2 "Colgne University, and the “city” rats The Fair(2.40). | are_developing nervousness. Thomp J R(3 60) Ya 6 3 531y | The effect of noise on health and ac- Tidewater AsUil 2 23 | tivity is what Dr. Donald Laird. head | TIdWASOLDL(6) Y 7a [ of the psychology department of the | Tidewater OIl 80 5 3 4 university, wants to discover. Al the Tide W Oil pf(5) rats are free from molestation by cats | Cimken(16). ... and the consequent nervous strain. | Tobac Prod (8). By exposing the rats-to varying con- | Tob Prod efstA) ditions of sound. or lack of sound. Dr | Lranscont Oil. . Laird hopes to determine definitely the | Transue & W(1) effect of noise on human beings. | Xrico Prod(2%) 4 39'> | Rats are used in the experiments be- Twin City RaTr. cause, Dr. Laird explains, they live 33 Udwd Bl Fie).. times as fast as men and in one year Un Bag&Paper. their growth parallels the growth and | Union Carb(§).. | development of a human being in 30| UnO1l Cale2)... years. The rats in this experiment are Union Pac(10).. white. Un Pacifie pf(4) The “country cousins” are kept in a Union Tank(5). sound-proof room while the “city” rais ‘ | REAL ESTATE ' MORTGAGE & GUARANTY CorRPORATION Capital Resources $ 3.400.000 24 JACKSON PLACE Prompt Servi No Appraisal Fee The Commercial National Company Incorporated Paid up Cash Capital. $900.000 1 Bank Blds. G Grt North pf(5) Gt Nor pfcfs(3) Grt Nor O(1%). Grt Wn Sug Greene Canat4). Guantanamo Su. Gult Mo & Nor.. Gu M &N ptes). Gulf States Stl. Hack W pf(1%) Hapna Lst pt Hal Br1.20) Havana El Ry.. HavEl Ry pf(§) Hershey Corp. . Hershey pfi4) Holland Furn... Hollanger & Son Homestake( 7). Housholdt1%). . Houston O1l. Howe Sound( Hud Man(2%).., Hud Man pf(3). Hudsoh Mot (). Hupp Mot (£2).. Lliinols Cenit7). I1id LIl (135) tudian Motu1% ) Indiun Kefining. Indian Retg ctfs Lngersoll R(15). injand S(k16%) Inspiration Coy. interboroRapTr InterconRubber internat Agri... (nt Bus Ma(5).. tnt Cement(4). . lut Com kn; int Comb pf(7 ot Harv)$) Int Harv pf(7). int Mtch pf 3.20 int Mer Marine. it Mer Mar pf. Int Nickel (3)... Inter Nick pf(6) uL Paperz4v). Int Paper pf7) IntPap cfsi2.40) 1o Pap pf cfs(7) int Prig Ink 2% . Int Ry CA pf(5) AntSilver...... Int ‘Tei & Tel(6) Inter Dept Store In Dept Sto pf 7. Lutertype (11%) Jewel Teag4)... Johus-Manv (¥) Joliet & Chi Jones & Laut7). Jordan Motor. .. Kan City South. Kan C S0 pf(4). Lie 6 26 34% Peeriess Motor, 19% Penick & Ford.. 7% Penick&F pf(7). 108 Penn C&Coke... Y% Penn Dixie Cmt. Penn R R (3%4). People’s Gasi8), 185% Peoples Gas rts. Peoris & East Pere.Mara(18). thtla & RC& 1. Phil Morria(1).. PntllipsPet(1%) Phoenix Hosjery Plerce-Arrow. .. Prerce Oil..y.0e Pierce ULl pf. 9 Pierce Petrolm. h% Billsbury(12.10) 50 Pillsbry pf(6%). 124 Pitts Cosl. Pitta Coal pf. Pitts SUpPL(7). Pitts Ter pf(8). Pitts& WVa(s).. 15 PortoRicoTobB. 24 Postal T&C pf 7. 102, Postum (3) 68Y Pressed Sti Car. 2k Pr St Car pf(7) . 80k EroducsroaR bt 5 roducers&R pf 45 b Prophylac(133). 60 Ut Cap S Pub Serv NJ(2) 66 6 Vanadium (14). Pub Serv pf(6). 106 g s Puliman Co(4).. 828 Beachnut(13) Belding-Hemwy Best & Co(3)... Al &3 B2 1425 136% 1364 3% b A 46 9y % 6Bl 686 31 3l 31 ¥ 8% 225 22l Y 104 | Commereial 14th and | 1 | e STORY OF THE METALS 69y 31 Utd Btsouit 1.60. ! are housed in a room containing a tun- L ing fork operated by electricity. The Utd. Elec. Coal. . | tuning fork is said to produce sounds | Utd Dyew pf(7) approximating the noise of a busy citv | Utd Frutces ) 14 2 | "Food containers and food are the | ytd Paperboard same for both groups, so that differences | e, |'in_feeding may not account for any | L DiE Lok T 1 | differences which develop in the natu:: | 13 Sniupiets . 2 | of the two groups. The heafth of the H g § rats is carefully guarded. Both grouts ,_,v‘::,' bl are given an ultra-violet ray bath once oo a week to prevent rickets. i Lea pr pr(1) The rats have been under observation e TR | for eight months and Dr. Laird reports | Rubber... .. that the “city” rats. exposed to noise. | Dty have shown signs of nervousness and | Rub ist pf.. 3 B ia | Smeit (3%). 5 loss of appetite. SSmpf(3k%). U S Steelt?). ... U S Steel pf(7). U S Tobacco(3). uni Leaf Tobt3) uni Pic Ist pte8) Univ Pipe & Rad frg 4 67 T o7 1% 6% 8% 18 8L 4Tk 4% 41k Adn 26 6 28 26 T T8% 1% 1 T 70w T 1790 142 142 139 140 6% 6% 68 66 53 o4 bdt b3k | Bhin A6t Hen sl | 86 b4 wi B2 | " k) B | 139 139 139 130 | 2% B4k 2% 3w o 4w 24 24 s ad w2 9% 95 WH % TN Sl 50w 30 4 ar @l Y Y4 Y 1Wh 14 L4n 148le 1507 148 149% ot iok 144 T4 61l 60 67% 69 105 105 105 105 820 S22k 820 Bezw Uz 4z Lz 142 108 lo4 103 108 5% bla ota 3T 974 Y 17l 174% 115% Lot 116% 1lo% 61% Al 6ln Yila Wia YTn ol 95 0% 0 1oz 152 152 180n 8L 130 130 65 67 6ita 65 180 131 130'a 130% 4% 26 245 26 156% 160 1556 159 11 172 167% 69 136 136 135 136 20120 a2 e 163 16% lgw 16 2% 70 0% 0% 0% 00 0% 3 B0 s U 38 AW g2 ddle 104% 104 1001 101 2z b 22 22l L wwun cceececee www LTHOUGH Silver has been known to man since the Bronze Age—six thousand New Bond Issues 5 e years ago—it was first used only for 109 1045 13k 43 154 Special Dispatch to The Star purposes of ornamentation, and it was not NEW YORK, October 25.—A new issue of $9,000,000 Bellows Falls Hydro- | Electric Corp. first closed mortgage 5 per cent gold bonds maturing October | 1, 1958, and priced at 98 to yield over | Punta Aleg Sug. 21 2 F 1| 5.12 per cent is being marketed today | Pure Oll (b0e).. 26% 2 T . a6 374 | by Harris, Forbes & Co.. Chase Securi- | Pure Ol pfl:l. . n:-. . | ueakcor% B.nk:z"cco' of New York, and | Purity Bak(3).. 129% % | Baker, Youn 'y | R axuc r) 2241 Halinarten & Co.. William R. Com- | RadioCo pLii) 66 ton Co. and the Bancomit Corp. offer | Reading Ky 4, today an issue of $2.700.000 Hungarian- Honi Bilk Hoa. - Ttalian Bank, Ltd., 71 per cent thirty- Reis (R) & Co. . five-year sinking fund mortgage bonds Hemingtn-Rand priced at 983, to vield more than 760 Remingtnist(7) 113 per cent. Reo Mot (T1%4). 0% AN Wara Baking B. Rep 1 & 814). ars Bak pits POTATO MARKET STEADY. Reynolds Spngi 5 5 | ReynldsTobB(5) 1467 Warner Bros Pio 2 | CHICAGO, October 25 (#) (U. S. De-! RhineWstphalia 51% Warner PicA... 3 1134, | partment of ,Azrlculmre).—l’ouwen——_ i AISRIRAG LI | 404, | Recelpts, 133 Cars; on track, 417 cars: | R 145 | total U. S.-shipments, 1,113 cars: trad- W) DOaEad) 50 |ing fair, market about steady: Wiscon- | Jos Lead(13). 46 331, [sin sacked round whites, 70a85: few | gll.o:u ll‘:vn llu'r: 67 | fancy shade higher: Minnesota North “l &S;‘n £66). 965 1004 | Dakota sacked round whites. 70a85; | S\LAiSouthwent. 121 {10 | few fancy shade higher; sacked Red A Vatin 10 * | River Ohios, 90a95: South Dakota sack- | 1144 |ed early Ohios, 80a90: Idaho sacked | rurals, 1.40a1.50: sacked Russets, 1.65a | 1.85, mostly around 1.80. ) g - Tod SILVER. QUOTATIONS. NEW YORK, October 25 (#).—Bar | ailver, 58';. Mexican dollars, 44. Automotive Accessory Industry. until the age of Ancient Greece that it was Yet, until the sixteenth century that t it was not “metal of the moon” reached the height of its pop- back to Europe laden with bars, and it was used for first minted into coins. ularity when Spain sent her galleo Va Ir C&C pf(5) Vivaudou Co. Vulcan Detin. .. Wabash.. Wabash B(3) Waldorfilig). . Waiworthi1.20) almost every purpose. One church in Spain, ; even today, still has an altar rail made of | solid silver. 21 1868 1 65 1% 17 13% 331y 348 So general was its use, that craftsman's guilds inaugurated a mark of identification called ‘Sterling” in order to distinguish the Warrenlst pf(3) Warten F&Pipe Web & Hell. . W Penn Kl pf(6) W Penn Kl pfe7) West P Fo(6). . West P Popf(1) | West Dattyacs) { West Dairy B.. v | West Maryland. West Pacific. from the many imitations genuine metal which were manufactured to look like it. Seagravetel.2l “Sterling” stands not only for gen- Sears-Roe(12%) 153% Seueca Copper.. 6% Shattuck FG¢2) Shell T&Ta2.425 2213 | Shell Unt1.40).. 84 | Shubert Thesb). 50% | Simmons Co(3). 126 16l uine silver, but that name also is used to That is why many investors have applied it to the & i %N First Mortgage notes issued by Swartzell, | NEW YORK, October 25 (#).—The automotive parts and accessory in-, dustry Jast month closely approached the record made in August, the Motor | and Accessory Manufacturers’ Associa Y% | tion announces. Operations this month | 1% | are peing maintained close to the Sep * | tember level. 135 a6 29% 66 i i i id worth. | Westiugnserd). identify anything of real solid Westhse |st(4). Weston A(2)... White Eagle12). White Mutorat White KHuckt2). White Sew Mact Wilcox O & G A. Willys Uvil.zuy Willys-Ovd pf 7 Wilson & Co.... Wit Co pt Wilson & Co pf. Woolworthtb).. 2 Wortho Pump. . Worth Pump(A) Worth PumptB) Wright Aerocz) Wrizley(16%).. Yale&'Iwne(15) Vellow Fruck. . Youngstn She) ¢3 Hourly Sales on 1lam. 937,800 12 uoon169.7.600 Lpm.. 2395400 2 p.m. 3,465,400 Dividend rates as given in the atove table are the annual cash oayments pased on e latest quarterly or nalf-yearly declarations S Unit of (radin: .ces <hares 1 Partly extra t Plus 4% 'In stock § Plus $3 in preferred stock % Plus 1/25 (n stoct a Pald this vear -0 reaular rate able in stock ~ Plus 5% in stoc able whep earned stock. 1 Plus_10% h P 301, 67 Ketvinator Corp 11 Kennecott (6). . 1165 1 2% 6l 60% 6l% T8ia T8's T84 < 114 114 114 hresge Dept S.. 204 20 20 20 Kress SH(h1%) 110% 110% 110% 110% Kreuger & Tall. .37 3813 370 384 wroger Gro(el). 127 127% 126% 125% LagoOlt....... 33% 344 334 Lambert (18%2). 132% 1335 130% Al LesTire & Rub. 22 22 22 Leh Por Cmt 2% 45l Lenn & ¥ink(3). 59 Life Savi160).. ATt 86 Lig Myers(15).. Y0% 90% Lix & Myrs B 76 50t 391, Lig Carb (14%). 877 Loew's(td)..., 20 Bl Loew's DE(6A) . 105 108 Loft. . 1 10% Long-Bell(A).. Loose- W (1,601 . Loose-W 1s1(7) Lorillard Co. ... Loulstana OI... “17% 17 LourstiasA¢l 75 367 37 15" | Lous & Nash 17) 142 1 a1y Lmdlum Sthz).. 85 T THE 276 McAndrews 280 50 50% 50 A0 194 MecUrory Ag2).. 98% 99 98 99 9 Rheem & Hensey Co. to distinguish them Because ex- Sinclair pfi8).. Skelly UIZ9. . Sloss-Sht (7). Suider Packs Co IS0 Pu Sug(f214) Svuth Canf Kd South Dairies B. South Pac($). | South .ty () | SouRyM&Oers ¢ 133 Spang Chaifnt.. 50 Spear & Co 12% Spicer M1g 4l Spiegel Co (e std Com To(f1). 24% Sl G & B.adis). 0% St G& Bpfid). 66 Std Milling(5).. i13% Std QO Cal(2i4).. 63 SWOINJ (T134). 46% SWOIUNY (1 60). 36 Std Plate Glas! W StdSanProc168) 37h Staaley Co LY Stewart-War(§) 1 Suom Car(2). Studebaker (h) Submarine Boa Sun Ofl (m1) yuperior Of Superior Ste Sweels of Amer. 93 2 from other first mortgages. i perience has proven that for over fifty-nine nv om Inv (war).. Com in Tr pf 615 Com Sulventstd) Com Powr(73) 16 vears these investments have assayed pure— i Two Stock Offerings Made. . NEW YORK, October 25 (®).—Two, stock offerings were made today. The | Paramount- Cab Manufacturing Cor- poration of New York 15 marketing 45.- | 000 shares of common stock priced at; 93% | $34. A limited amount of 7 per cent | participating _preferred and common ' stock of the Empire Bond & Mortgage . Corporation of New York i3 being é o % SWADTZELL, PARIS BOURSE PRICES. | “HFFM &Hl‘ NSEY (‘O .PARI& October 25 m.—mm} moved e G MOPRIGA\GE BANKERS T27 15 SIKIET N.W./ WASHINGTION D.C. safe—and lucrative for the investor who has purchased them. You too can get 6 per cent with the ‘Sterling” mark on your investment. EEIN Bl 998, " o 23 100 a8 120 28l 28 28 17% 367 142 17% 360n 142 79 60'w ‘ont Insuri6). . t Mot (%¥0¢c) n Proodig oty Inc (8) Crucible SU (5) Plus 30, er cent loan, 93 francs 95 centimes: tock 4 }2420, Shax u“"'?"'l : wchange on London. 124 franes 11 stock. [ Parable share auartsrls In coptimes, The dollar was quoted at Umited Cisar Stares common stock. -0 Plux a5 tiie. 551" centimes, I