Evening Star Newspaper, November 19, 1928, Page 15

Beal Estate Mortgage & Guaranty Corp. | COMMON STOCK B. HANSFORD WILLS CO. Barr Building _ \ Phone Frankl Money to Loan Secured by first deed of trust on real estate. Prevailing Interest and ¢ /s Joseph 1. Weller PAR VALUE FOR YOUR STOCK Listed or Unlisted Issues An excellent opportunity for you to realize full value on your stock holdings in the purchase of a new home. We are in a position to ac- cept in a limited quantity stock at par value as cash payment on a selected list of new homes and investment properties. A real opportu- nity for a limited time only. Address Box - 31-J, Star Office. Buck & Company Stocks Bonds Grain Cotton Write or call for weekly market letter. 4 No obligations BUCK AND COMPANY Evans Bldz. 1420 New York Ave. Franklin 7300 We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street Real Estate Loans Prevailing interest rates and co missions. Prompt replics to all a plications. We can assist you in_refinancing Thos. E. Jarrell Co. Realtors 721 10th St. N.W. Main 766, Money Available for FIRST DEED OF TRUST LOANS On Completed Properties and for Construction Use Reasonable Interest and Commission Rates JAMES F. SHEA 643 Louisiana Ave. N.W. OVING Your ? OFFICE o When you are moving you can instail new fur- niture and office equip= ment with no_incon- venience at all. A visit to our show- rooms will repay you. ‘They con= tain the most complete assort- ment of office furniture in W ashington. £ THE W. D. CAMPBELL COMPANY Two Entrances 1018 15th St. N.W. 1506 L St. N.W. Franklin 5660 2009850832 22 InsureYour Savings where it will earn the Maximum Interest We Offer You 69, Guaranteed ranty first mort- Jashington in vestment, or $1,000 to invest Each mortgage principal and interest, Write for our booklet the “Success Plan” REALESTATE MORTGAGE & GUARANTY (ORPORATION Capiial Resources $ 5,100,600 24 JACKSON PLA( National Mtge. & Inv. pfd.—2f { bears | Merch this corporation’s un- | Merke equivocal guarantee of | Peoples Drug Stores pid. LIGT LESS AGTIVE General Market Develops Narrower Trend During Most of Session. BY CHARLES F. SPEARE. | Special Dispatch to The Star. NEW YORK, November 19.—Less activity today in convertible bonds, which represented over 25 per cent of last week's trading of $60,000,000 in | listed issues, had the effect of narrow- | ing the general market. This group of bonds was heavy during the greater part of the session. Mem- | bers of it opened quite strong and then imlhrr lost nearly all of the initial ad- | vance or went under Saturday's prices. } Some of the declines at midday were | 4'2 points in Public Service of New Jersey 4!us, 2 in ‘Andes Copper Ts, 2 in J. Kayser 5lys, 1 in Anaconda 7s, 14 in Barnsdall 65 and % in Colon Oil 6s. Liquid Carbonic 6s were up 4 points. The Italian convertibles acted better than the domestic list, gaining from 2 to 415 points, but subsequently losing a portion of this. Aside from the convertibles there were |a few issues that exhibited strength. | Among them were U. S. Rubber 58, | Walworth 6s and Interboro Rapid | Transit 5s. Certainteed Products 5128 | had another sinking spell, and at their | low level were off nearly 10 points from | the best of the year. | Bond dealers report a very good de- ‘mand “off the board” for high-grade |rails and public utilities. The pur- chasers are mainly insurance companies and banks. They have been steadily accumulating these issues in spite of the | high rates for money and the new level at which bonds have established them- selves since the turn in the market came in September. In quite a few in- stances banks show a disposition to be- gin building up their bond accounts and to release funds that they have had on call for this purpose. Several railroad issues of considerable size are in prospect. The Chesapeake | & Ohio has made application to the i Interstate Commerce Commission to issue and sell $30,000,000 of 4! per cent refunding and improvement bonds. The, company has $3,698,000 5s that are due’ on January 1 and $31,390,000 conver- | tible 4155 which mature February 1, 1930. It is expected that a portion of v «THE EVENING STAR.” WASHIN( CONVERTILEBOND | e _BONDS 7o e TRADING IS DRAGE UNITED STATES, (Sales are in $1.000.) Close . High. Low. Lib3%s.... 59 9931 9925 9931 74 1012 10031 10031 1 9925 9912 9925 155 9926 9916 9926 181 1052 10424 1052 66 10727 10725 10726 43 1132 11227 1131 FOREIGN. 100 100 99% 99% 961 100 99% 96% 884 96% 4 103% 9% 100% 4 105% s Argentine s A.... 10 100% Argentine 6s B..... 33 100% Australia 5s 1957. . Austria s, 5! Belgium 78 1956 Belgium 7 Bolivia 8s. Canada 551931 Canada 5s 1952 93% 93% 102% 9014 987 88% 96% Chile 6s°61. Chile 7s 1943 1 Colombia 6s Jan’s1. Con Pow Japan 7s. . Copenhagen 4% 53 Copenhagen 5s ct.. Cuba 5338, Czecho 85 195 Czecho 8s 1952 Danish Munic 8s A, Danish Munic 8s B. Denmark 6s. DEI15%s Nov 53. Dutch East 1 6s 47 Dutch Fast 1 6s 62. Finland 5;s. Finland s £ 6s '45. Finland 7 Framerican 7%s. French 7s. French 7% German 7s.... Ger Am Ba Greek 7s. 102t 109% 109% 110% 110% 104% 103% 104 1 109% 1 110% 6 110% 2 104% 17 103% 3 104 1 108% 1 918 110% 110% 104% 47 1067 3 99 Holland-Amer 6s. Hungary 7% Irish Free State 5s. 14 96% Italy 7s. .. 974 Italian Pub § 7 5 96 the proceeds of the new loan will be | employed for capital purposes. The long-term Treasury issues were | firm following the trend of the 9 and 11 months’ notes, which have steadily moved up in the face of higher money and make possible a large December issue by the Government, with a 4 per cent coupon The price at which :}:e New York City issue of $55,000,000 | 4% | will indicate the immediate trend of th | market for tax free obligations. 5 per cent bonds is sold tomorrow Washington Stock Exchange SALES. Capital Traction Co.—20 at 10613, 20 at 10612, 5 at 106%5. % Wasningion Gas Light—10 at 106, 10 at Riggs National Bank warrants—35-265 at 315, 85-265 at 315, 210-265 at 315, 239-265 at 315, 85-265 at 315, 1 at 315, 90-265 at 315, Columbia Sand & Gravel pfd.—10 at 92, 10 at 913%. Lalnlsg?p Monotype—35 at 118 10 at Mergenthaler Linotype—10 at 1007, 10 at 101, 20 at 101, 10 at 1007, at 5%;. AFTER CALL, Riggs National Bank—6 at 570, 2 at 570. Riggs National Bank warrants—1 at 315, | Potomac Electric 6% pfd.—5 at 11115, National Metropolitan Bank—10 at 405, uflsgt?n Monotype—50 at 118!%, 5 at | Peoples Drug Strs. pfd.—60 at 126. UNLISTED DEPARTMENT. Cosmos Club 4!s—$1,000 at 90. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tl & Telga. 4%. & Pot. guar. 55 C. & P. Telephone 5s. . & P. Tel. of Va Wash., Alex. & Wash.. Bal . & Elec. 45, Rwy. & Elec. gen. 6. 'MISCELLANEOUS. Barber & Ross, Inc., 6%s. ... Chamberlain-Vanderbilt 6izs. .. Chestnut Parms Dairy 6! Chevy Chase Club 5ias . C. Pape i . Pot. Joint Stock Ld. Bik..'55." Wash. Mkt. Cold Storage 5s... Wash. Cons. Title Co. 6s... Wardman Park Hotel 5%s . STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel Capital *Traction, Washington "Gas Norfolk & Wash: <. 84t Dl & Elec. co & Elec. ptd NATIONAL BANK. National Capital | District . | Federal-American Liberty Lincoln . National ~Metropolitan. TRUST COMPANY. | | American Secur. & Trust Co. | Continental Trust. Merchants’ Bank Union Trust Washington Loan & T SAVINGS BANK. Bank of Bethesda. & Savings 1ngt ates s Washington Mechanics'. FIRE INSURANCE. | American { Corcoran ... | Firemen National s 4 Union v TITLE INSU Title P Real Estate. . L : Ti‘le & Inv. Co. of Md. com.. Wash. Cons Title pld......... | MISCELLANEOUS. RANCE. umpbia Chesti { Cheston Col. C Whether you have $100 | F: anston_ MoOno Mereh. Trans. & Storage ' & Storage pid . Linotype 1 Inv. pfd ans nthaler Mige. & .| Security ~ Storag | Baniiary Gioeer In Market for Cars. NEW YORK, November 19 (P).— Chicago, Rock Island & Pacific Rail- way is inquiring for 50 steel cabooses |'with four-wheel trucks and for two | all-steel parlor car: ‘ Rights Admitted to Trading. | NEW YORK, November 19 uP).— Murray Corporation and Royal Dutch Co. rights have been admitted to trad- ing on the New York Stock Exchange, Y | AmAgriChem 7%s. 16 92% . 31102 « 13 100% 3 100% 5 234 16 221 Marseille 6s. Mexico 4s 04 asntd. Mexico 45 '10 asnt. Mexico bs asntd. Netherlands 6s 5. Norway 6s 1944. Norway 6135 1952.. 10 101% Orient Dev deb 6s.. 32 97% Paris-Ly-Med 6s Paris-Ly-Med 7s. Peru 6s 67 wi. Peru 7s. Poland 6s 40. Poland 7s (rets) Poland 8s. Prague 715 Queensland 7s. Rhinelbe Un 7. . RhineWst EP 65’52 RhineWst EP 68’53 45 94 Rio de Janeiro 6%s. 5 96 Rio de Jan 85 1946.. 7 106 Rio Gr Do Sul ... 19 106 Rome 6%s. 15 924 S0 Paulo 851936.. 3 106% Saxon (PW) s 5 100% Seino 78 43.. 140 105% Serbs Crot Slo 8s 5 98 Shinyetsu 6%;s Swiss 5151946, Swiss Confed 8: Tokio 538 1961. Utd Kingm 5%;837. 38 104% Utd SteamCopen 65 2 97% Uruguay 8s. .. 2 108 Yokohama 6swi... 3'96 9% MISCELLANEOUS. 5 105 An Smit & R 18t 65, 24 Am Sugar Ref 6s. .. 24 AmT & Toltrds., 37 AmT&Ts(5s..., 47 Am Tel & Tel 535, 10 Am Water Wks bs. 2 Am Writ Paper 6s.. 6 Anaconda 1st 6s... 42 Anaconda cv db 7s. 221 Andes Copper 7s. .. 144 Armour&Co 47 Armour Del 5 Barnsdall 65 1940, Bell Tel Pa 55 B. .. Bell Tei Pa 58 C. Bethlehm Stl pm 58 Beth Steel rf 5s. Beth Stecl 535 5 Bethlehem Steel 6; Eklyn Edison 5s Bush Term Bldg 5 Certain-Td5¥%srets Chile Copper b Colon Oil 63°38. . Col Gas&l deb is. Con Coal Md 15t 55, Con Gas N Y 5%s, . Cuba Cane cv 7s Cuba Cane 8s. 108% 9% 108 i Dodge s e Duguesne 4% 67. . Iiast Cuba Sug 7%s Fisk Rubber 8 Gen Asphalt 63 36. . Gen Mot Ac Cor 6s. Goodrich 6% s Goodyear 58 rot; Humble Oil 5s Humble O & R 53 Illinois Bell 15t 55. . Ilinois Steel 4 i 108% 102% 107% o 935 100% 102 4 104% 4%, 5358, o5 104% 105% 110 1041 1021 121 85 10614 1037 105 Kelly-Spring 85 Laclede G 5%8 5 Ligget&Myersissl. iggett & Myers 78 Lorillard 8. iliard (P) 7 | Louisv G & E Mid-Con 65 40 Mont Power deb Nat Tub 1st LH&PIS Y Tal 4348 Y Tel s 4 North Am Nor Ohio Tr & L 6s. Nor States Pow 5&. 1054 102% 102% 106 100% 9% 106 @ 99% cific Gas & El 5. Pac'T & T 18t bs Pan-Amer Pete 63 Paramount 6s 1947. Pathe Exchange 7; People s Gas 5s.... Phila Co 53 67 W Phila&ReadC& 1 Por Ri Postal Tel & C 5%s Pressd Steel Car 58 IPublic Service 4% 156 Punta Alegre 7s. 3 RemingtonA 6s 32, 2 100 97% 1644 9; 99 99% 2% | Cuba R R 55. TON. Close. 93 102 102 991 99 Sales. High. Low. Rem Rnd 5% s war. 14 94% 93 Stmms Petm 65 '29. 5 102 26 99% 69 101% 104 98 96% 943, 101% Sin Pipe Line 5s. Skelly Ol 5% South Bell Tel Southwest Bell 5s.. Stand Oil N J 58 46. SugarEstOriente7s. Tenn Copper 6s°41. Transcontl Oil 615202 United Drug 58 53.., 17 9 Utah Pow & Lt Vertientes Sug 7s.. 16 West Elec 5s. ..... Westn Union 58 51. Westinghouse 6s Willys-Ov 618 33. 102% Yngstn S&T 5s wi. 21 100% RAILROAD. Atchison adj ds.... AW&SF cvt 4805 Atchison gen 4s. : Atlantic C I 1st 4s. Atlantic CL 4145 64 B & O Gold 4s. . B&Ocv4lks, B & O ref bs B & O 5% 2000 D, B&OPLEWY ds.. s | Bang & Aroos 4s Brdway&7th Av 5s Brooklyn Elec 6% Brooklyn Elev 612 Bklyn Manhat fs + | Buft R & Pitt 424 Cuan Nat 412830, Can Nat 4725 57 Canad Pac deb 4s.. Can Pac 4%s 46.... Car Clinch & O 5s. . Car Clinch&O 6s Central of Ga 6 Central Pacific Cent Pac 1st s Chesa Corp 55 w “lcB&Q1%s 7B, Chi B & Q 18t rf 5s. Chi&E 11l gn Chi Gt West 45 59, ChiM&StP41;sC89. ChiMilSP&Pa Chi & NW gn 3135, Chi & NW 6155 Chi& NW T Chi Rys 5s. Chi R1& P gn 4s ChiR1&Prf4s... 39 CRIPac4%swi., 44 ChiUnSta 43s.... 4 i Union Sta 6155, 1 Chi& W Ind cn 4s.. 10 C&WIBY%E62.... 1 CCC&StL s D... CCC& StLrf6sA. 13 Clev Term 5 C&S1stds? Colo & Sou 415 e manwla Cuba R R 718, Cuba Nor 5l;s cts. Den & Rio G cn 4s Den&RioG 475 36. D & Rio G imp bs DRG & Wst 5s'78 Erieconv4sB..... i Erie conv ext 7s. Erie & Jersey 68, Fla East C 58 74. Gt Nor 413876 Great North 5128 Great Nor gen 7. Hocking Val 4 Hud & Man aj b: Hud & Man ref bs Il Cent 4353, .., 11} Cent 4%s 66 111 Central rf 58 55, 11l Cent Chi 4%s... Int Rapid Tran bs.. 97 Int Rap Tr 68 stpd. 33 Int Rapid Tran 6 Int Rap Trans 7s... 30 Int&GtNor adj 63 5% 15 IntRys CA 5872.. Int Ry C Am 65 41.. Int Ry C A 6%sret. lowa Cent 1st b Kansas City S 3s... Kan City Term 4s.. Lake Shore 4s31... o3 97 1023 111 8204 9% 110 1127% 101 B8ty 97 90 100 107% 1023% 111 8 Louis&Nash uni 45, Louls & Nash 7s... Man Ry 1st 48 90... Market St 78 40. ... Mil Kl Ry & L 68 61 M St P&SSM cn 4s. MStP&SSMbs38ztd M StP & SSM 588, M StP & SSM 6%zs. MK & T 1st 48 MK&T4s B 95 101 6815 967 101% 89%y 99% 91 100% MK &Tprinis A, Mo Pacific gen 4s.. Mo Paé 53 A Mo Pac b8 F' 7 73 NOTex& M3sB.. 10 N Y Cengen3is.. 24 N Y Cent 45 98 NYCrfim4%s NYCentrth NYChi&StL 5% NYC&SLLEGSA.. New Haven 3% 64, New Haven 3155 56, NYNH&H1% NY NH&H cv db b5, 23 NY NH&H clt 65 g N Y State Ry 41 14 Nor Pac 38 2047.... & rthern Pacific 45, 10 Northern Pac5s D. 5 Northern Pacri6s. 9 o | Tol T L&r Ore Short L rfs 4s, 6 Ore Wash 1st 4s... 16 Pennsyl con 415, 1024 Pennsyl gen 43ex. . 100% Penna RR4%s'63. 25 99% Pennsyl gen 8. ... 108% Pennsyl 55 64..... 1045 Pennsyl 6%s 5 Pennsyl gold 7s. .. Peoria & I inc 45 1024% 100% 9914 108% 104% 110% 102% 40% Rio G W 1st 4s SUL IM&S gn 58 31. St L IM&S R&G 43, SIL&SKpldsA.. StL&S Frals 8. StL &S F prinbs. San A & Arn P 4s. . Seaboard AL 4s sta. 2 SeabAL ad) 55 1949, 24 Seab A L con 6s.... 14 Sou Pac 4 2 L2 Sou Pucelt 4s..... 56 Sou Pacific ref 4s.. & Sou Lac 4% s rets. . Sou Ry gen 4s. Sou Ry Con 5s..... Sou Ry 65 56. . TexArk FS 5128 50. Tex & Pac 5s B 1977 Third Ave ref 45 60 Third Ave ad 52 2 Y 5 16 14 9% 102 1 a1 8% 993 917, 931 16 1001 943 B9 984 108% 6 106% 93 1004 1L, 894 98% 108% 105% 927 1024 9114 B, 98% 108% 106Y; 93 103 Union P Union Pac 48 67. . UnionPaclst ref 5. Virginia Ry st 48 78 re s Wabash b3 76 B. ... West Maryland 4s. Western Md hlae Western Pacific 5s. West Shore 4s 2361. Wis Cen gn 4s 49... - Turkeys. CHICAGO, November 19.—Stocks of turkeys in storage should be ample to supply the Thanksgiving trade this year. The total is now 4,803,000 pounds, as compared with 6,208,000 on October 1, and 4,170,000 at this time last year. The supply of broiler chickens is over 2,000,000 pounds heavier than a year ago. 100% 100% 821y 100 100ty B8Rl 82 1023 100% 89 8B4 82 82 D. C., MONDAY, ATI.C AR Warm Weather Held Cause of Small Business—Tur- key Receipts Light. A -generally draggy condition of the market was reported this morning, not an unusual condition the first trading day of the week. Continued warm weather has had its effect both upon shippers and city wholesalers, and not until there is a decided change in the temperature do merchants expect busi- ness to pick up. ‘Turkeys for the Thanksgiving holi- day market continue to reach here, but not in large quantities, and many of them will be held over until next week before being dressed. Green vegetables, some from nearby and some from distant States, were as plentiful this morning as during the past several days, prices continuing about the same as those quoted at the close of last week’s market. Fruits also continue plentiful. Ap- ples, most plentiful of fruits, were of- fered around $1 a bushel this morning for country stock, selected and graded from distant States selling at higher prices. Practically no change in prices were reported today. Today's Wholesale Prices—Jobbers’ Prices Slightly Higher. Butter—One-pound prints, 51a52; tub, 50a51; store-packed, 30a32. Eggs—Fresh, selected, 48a50; nery, 53a55; current receipts, storage, 33a35. Poultry—Alive: Turkeys, 40a42; Spring chickens, 26a28; Leghorns, 25; fowls, 26a27; roosters, 19a20; keats, young, 60a80; old, 30. Dressed—Turkeys, 48a 50; Spring chickens, 36a38; Leghorns, 35; fowls, 32a35; capons, large, 40ad5; small, 30a35; ducks, 30a32; keats, young, 80a1.00. Meats—Fresh killed: Beef, 18a27; veal, 22a27; lamb, 20a25; pork loins, 26; fresh hams, 22a24; fresh shoulders. 20a21: smoked hams, 25a27: smoked shoulders, 21a23; bacon, 22; lard, 1312a14. Live stock—Calves, 15a16; lambs, 13. Frult and Vegetable Review. The daily market report on fruits and vegetables (compiled by the Mar- ket Service Bureau of Agricultural Economics) says: Apples—Supplies moderate; demand light, market steady; boxes, Washing- ton, medium to large size, extra fancy Delicious, 3.25; Staymans and Romes, 250a2.75; Jonathans, mostly ~2.25; bushel baskets, Maryland, Virginia and Pennsylvania, U. S. No. 1, 2% inches up, Grimes, 1.25a1.65, mostly 1.40a1.50; unclassified, 23; inches up, Staymans and Romes, 1.00a1.25. o Cabbage—-Supplies light; demand light, market about steady; New York, 100-Ib. sacks Danish type, 1.90a2.15, mostly around 2.00. Celery—Supplies moderate; demand light, market steady; California, crates, 5.2585.50; few 4.75a5.00; New York, no sales reported. Lettuce—Supplies moderate; demand moderate, market steady; California, hen- 46a47: crates, Iceberg type, 4-5 dozen, 5.00a 5.25; few 5.50. Onions—Supplies light; demand light, market steady: Michigan and New York, 100-b. sacks, Yellows, U. S. No. 1, medium to large size, 4.25a4.50. Potatoes—Supplies liberal; demand moderate, market steady; Pennsylvania, 150-1b. sacks, Round Whites, U. S. No. 1, 1.80a1.90; few 2.00; Michigan, 150- 1b. sacks, Russet Rurals, U. 8. No. 1, branded, 2.10a2.25; Idaho, 50-lb. boxes, Russet Rurals, bakers, 2.50a2.75; 100- Ib. sacks, Russet Rurals, U. S. No. 1, 2.75. Sweet potatoes—Supplies light; de- mand light, market dull; East Shore Virginia, cloth-top barrels, yellows, No. 1, mostly 2.50. String beans—Supplies light; demand moderate, market about steady; South Carolina, bushel hampers, green, best, 4.50a5.00; ordinary quality and condi- tion, 3.00a4.00; = Florida, 7s-bushel hampers, flat type, fair quality, 4.00a 4.50; best stringless, 6.00. Cucumbers—Supplies light; demand light, market dull; Florida, 7-bushel hampers, fancy, 5.00a6.00; choice, 3.50a 4.00. “Eggplant—Practically no supplies on market. Squash—Supplies light; demand light; white, wrapped, 5.0085.50. market; no shipped stock in market. Cauliflower—Supplies moderate; de- mand moderate, market firm; New York, Long Island crates, 2.75; other | New York poney crates, 1.75. 4 ‘Tomatoes—Supplies light; demand light, market dull; California, lugs, ripes, wrapped, medium to large size, best, mostly 3.00; fair quality and con- dition, 2.25a2.75; repacked in Pitts- burgh, sixes, fancy count, few sales, | 6.00; sixes, green, wrapped, few sales, | 5.00. Oranges—Supplies moderate; demand moderate, market steady; Florida, boxes, No. 1, medium to large size, 4.00a4.5 No. 2, medium to large size, tangerines, ! straps, medium to large size, 4.00a4.50; mostly 4.00; small to very small sizes, 3.00; satsumas, Ala- bama, '.-bushel baskets, few sales, medium to large size, 4.50. . Grapefruit—Supplies moderate; de- mand light, market steady; Florida. boxes, medium size, No. 1, 4.00a4.50; No. 2, mostly 3.50. SILVER QUOTATIONS. NEW YORK, November 19 (%), silver, 58. Mexican dollars, 4 TREASURY CERTIFICATES. (Reportea by J & W. Seligman & Co.) > Mat Bld. Of Bt pae 15 100, 992832 993032 28 99 3032 100 g3 68191 100 9-32. 100 10-32 100 20-32 100 22:32 o 98 6-32 98 6-32 98692 | ~Bar 98 98 FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Neminal gold Selling checks value (or par). _today. London, pound. $4.0665 Paris, franc Brussels, beiga Beilin, mark... Rome. i Zurich, Athens. drac} Madrid, peseta 2 Vienna schilling 98 [ Budapes et g . CIOWT i Stockholm, crown 26721 SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co.) Bid: Offer 1937, .. 993 100! 551953 10154 lo29.. 9913 Allis-Chalmers. Co. 55 Aluminum Co. of Amer. & Tel. 4 an Tel Anuconda Cop Bilihyan et corp utavian Pet. Cor| Bell Tel. of Canada 8g 1955.. .. California_ Pet. Corp, $'as 1938, Cruadian Nat Rws. 415 1930 Gannaian Nor. Rwy. 4z 1935 Chesa. & Ohio Rwy. 4128 1930, Chicego Rock Island 45 1034, Colorado & Sou. Rwy. 45 1939 Columbia_Gas & Elec, 55 19 Cudahy Packing Co. 55 193 Ed. El Illum Boston 4i:s 1030 Gen. Mot. Accep. Corp. 6s 1937. General Pet.” Corp. 55 1940 55 1957, 1937 55 1947 C Shell Union Co. 58 I Co. 5%9s 1938 1929 Sinclair Crude OI Southern Pac. market steady; Florida, pepper crates, Peppers—Trucked-in_stock supplying | NOVEMBER 19, '1928 REAL ESTATE EXCHANGE PLANNED IN NEW YORK By the Associated Press. NEW YORK, November 19.—A new exchange handling only carefully in- vestigated real estate securities, is to be established in New York soon, the Real Estate Board of New York, Incorporated, has - announced. ~ The exchange is described as the first of its kind estab- lished anywhere. The 250 initial members of the Real Estate Board of the New York exchange, who will pay $1,000 each for their seats, will perform the same functions to- ward real estate finance as now are per- formed by the Stock and Curb ex- changes in financing industrial, com- mercial, transportation and public utility enterprises. Peter Grimm, president of the Real Estate Board, called attention to the protection offered investors, through careful investigation of all securities before listing, as the most significant feature of the new board from the pub- lic's standpoint. Real estate securities of all types, issued in any part of the country, may be offered for listing. Daily quotations will establish current market prices of sound securities, with an attempt made to prevent excessive appraisals of the properties backing securities. EXTRA DU PONT DIVIDEND. WILMINGTON, Del., November 19 (#)—The E. I. du Pont de Nemours & Co. today declared the regular dividend of $2.50 on the common stock, an extra dividend of $4.75, and called a meeting of stockholders to split up the stock on the basis of 315 to 1. Ot the extra dividend $3.75 repre- sents the proceeds of the General Mo- tors dividend received by the company, the other dollar coming from the Du- pont Co.'s earnings. Both dividends are payable to stock- holders of record December 1. The regular dividend of $2.50 a share is pay- able December 15, and the extra divi- dend of $4.75 on January 5. The special meeting of the stockhold- ers was called for December 14, when they will be asked to authorize a new issue of 15,000.000 shares of stock with a par value of $20 a share in place of 5,000,000 shares. Record Price for Exchange Seat. NEW YORK, November 19 ().—A sold today for $490,000, a new record price, and $10,000 above the previous sale and peak price. New Record for Curb Seat. NEW YORK, November 19 (#).—A membership on the New York Curb Market has been sold for $160,000, a new top price and an increase of $10,000 over the previous sale. SAN JOSE, Calif.—The California Prune and Apricot Growers' Associa- tion will make payments to members totaling $750,000 early in December. The association already has pald some $2.500,000 as first payments on prune deliveries. - ily increasing about 7% %. HENRY Steraard Ot N Mt St. L. Ir. Mt. Bwilt & Co. 55 1932 . 3 Unicn Oil Co. of Calif. f5 1935 U. 8. Smelting Co. 5'ys 1035... Western Electric Co. 35 1944 Westinghouse El & M. 55 104 Wheeling Steel Corp. 5'as 1948, S 1011 101% seat on the New York Exchange was | FINANCIAE.? WRIGHT, SLADE & CO. 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. Resident Partner Offices New York Warrenton, Va. Ladies Room Reserved—Complete Trading Facilities Telephone Decatur 780 Paris, France LOANS On Improved Property We invite applications for loans on im- proved property on a MONTHLY- PAYMENT BASIS OR STRAIGHT THREE-YEAR PLAN Low Interest Rates | AM]EMCAN SECURI IIY | " AND TRUST COMPANY ° Real Estate Dept. 15th and Penna. Ave. BRANCHES: Southwest—7th and E Streets S.\W. Northwest—1140 15th Street N.W. Northeast—8th and H Streets N.E. Central—7th and Mass. Ave. N.W. Dividends paid on Cities Service Common stock pass $100,000,000 mark On November 1, more than 90,000 inves- tors located in every state of the union and in foreign countries received checks repre- senting the 193rd dividend paid by Cities Service Company on its Common stock. Total dividends paid in cash and securities on Cities Service Common stock have now passed the $100;- 000,000 mark. ¢ This unusual record is made possible by the stead- earnings of Cities Setvice Company. In the twelve months ended September 30, 1928, net earnings were $32,529,000, the largest for any year in the history of the company. Net to Common stock and reserves for the same period were equal to 24.61% on the average amount of Common stock outstanding. By investing now in this 18-year-old, seasoned se- curity, you can still get a net yield on your money of L. DOHERTY & COMPANY 635 Southern Bldg. @ Washington, D. C. Branches in Principal Citics Clip and Mail the Coupon Below