Evening Star Newspaper, November 22, 1928, Page 14

FINANCIAL. ” WE WILL BUY Real Estate Mortzace & Guaranty Corp. | | COMMON STOCK B. HANSFORD WILLS CO. R Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit Life Ins. Co. 1520 K Street Main 475 Barr B £ Phone Franklin 3133 ) Why 67 Interest When You Can We are offering small prop- erties, well rented and ex- tremely well located that show returns of more than 15% net on money invested. For full information call J. Dallas Grady 904 14th St. N.W. Main 6181 Office open until 9 P.M. | Distributor Wanted To handle bank stocks, in- surance stocks and other issues — as correspondents for New York Invéstment House. Full co-operation on good spread arrangement. Reply to Mr. Reid, P. 0. Box 109, Wall Street Station, New York City. COMPLETE. FINANCING 1st & 2nd TRUST MONEY On homes, apartment buildings and business properties. No apprai- sal fee. Prompt service. Real Estate Mortgage & Guaranty Corp, 24 Jackson Place Mlil’l 1403 LOANS On improved Property in Maryland and District of Calumbia 6% Interest ™~ No Commission Charges EAVER BRO REALTORS 809 15th Street N.W. Main 9486 Mortgage Loan Correspondent Hetropclitnn Life Immncz Won’t Be an Expeme With the assumption of the management’ of your property, we wil| immedi- ately not only relieve you of the responsibility, but our experience will prob- ably effect savings' and re- vise expenses to a degree that will more ‘than pay for our services.. . . . . B. F. SAUL- CO. Main 2100 . 925, 15th St. We Offer Watertown Light and Power Company First Mortgage "59%, Bonds Dated Janvary 1, 1909 Due January 1, 1959 A seasoned security secured by a 1st closed mortgage. Assumed Northern New York Utilities. These bonds underlie $13,600,000 Mortgage Bonds which provide for re- tirement of this issue. Price on Application COLSTON, HEALD & TRAIL 912 Woodward Building Metropolitan 5234 100 Broadway Keyser Bldg. New York Baltimore INCREASE IN NET OF MERGENTHALER Annual Report Shows Fine ‘Year—Lively Session on Local Exchange. EY EDWARD C. STONE. At the annual meeting of the Mer- genthaler Linotype Co., held yesterdny in New York, the report for the year ended September 3r, 1928, showed & ="t profit of $1,903,673, | after depreciation and taxes, equiva- lent to $743 a share earned on 256,000 shares of no par stock. This compares with $1,- 802,555, or $7.04 per share earned {in the previous year. ‘The report further showed that cash dividends totaling 1$1,356,000 were fi\id to the stockholders +during . the . .year. Extensive construc- tion programs:were' gagara L. Hillyer. carried out in financing . interruptions to dividends. | The company has total assets of $13,- 177,007 and current liabilities of $2,918. With the exception of the usual minor | 'bills, the company has no indebtedness. | Norman Dodge presided at the meet- | ing. Edward J. McQuade, president of the Liberty National Bank of this city was re-elected a director. Joseph T. Maekey, former secretary and treasurer, was elected a director and also made executive vice president. Other officials | elected included Frederic D. McKenney, !vice president and general counsel; Conrad A. Hanson, vice president in charge of works; Thomas J. Mercer, wice president in charge of auditing, | and William C. Maguire, in charge of ‘sales: are Ogden Mills, Other directors | Ogden L. Mills, Albert H. Sawyer, Nor- | man Dodge, Ogden M. Reid, Mr. Mc- | Kenney, A. H. Pollen and Mr. Mackay. Busy Day on Local Exchange. George O. Walson, newly elected president, took his seat and presided over a busy session of the Washington Stock Exchange today. Chestnut Farms Daify preferred was especially active, opening at 108% and closing at 109. The day’s sales totaled 200 shares. Another lively stock was Potomac Electric Power 5% per cent preferred, which opened at 108 and moved up to 108% during 10 transac- tions involving a transfer of 172 shares. Railway & Electric preferred sold at 995, District National Bank stock at 238 and Riggs National Bank warrants at 315. Lanston Monotype registered 118 and 118'%. Mergenthaler Linotype reflected the favorable annual report made yesterday by selling at the highest price in many months. The stock opened at 103 and closed with a 100- share block changing hands at 103%. Bonds were in moderate demand at recent prices. Fdward L. Hillyer, who was re-elected vice president of the exchange yesterday, was reported today as holding his own following his recent operation. Mr. Hill- yer is vice president of the Union Trust Co., with which company he has been connected for just 30 years; in other words, since the bank was founded. hen in good health he rarely misses a session of the exchange. Railroad Officials Have Feast. As the result of an €lection bet be: tween Edwin T. Brandenberg and Har- ley P. Wilson, won by the latter, Mr.. Brandenberg gave a dinner to the board | of directors of the "Washington Railway & Electric Co., last evening, at the Wil- lard. Those present included Charles J. Bell, Woodbury Blair, Daniel J. Calla- han, Frederick W. Doolittle of the North American ., New York; Robert V. Fleming, William T. Gallaher, Julius Garfinkle, President William S. Ham, Robert N. Hnrp’r Leonard H. Mitchell ment, Mr. Wilson, 8. R. M. Keyser, ucrttnry of Mr. Brandenberg paid e Let in a royal manner and the direc- wrs had a delightful evening. Auditors in Enthusiastic Session. ‘There was a large attendance, includ- ing a number of prominent bank officers not members of the organization, at the open meeting of the District of Colum- bia conference of auditors and control- lers held at the University Club last night at which an address was delivered by Deputy Controller of the Currency E. H. Gough. President J. Dann Faber of the organization, presided. The meeting was one of the most enthusiastic sessions held since organ- ization. The group is looking forward with great interest to affiliation as a section of the District Bankers’ Associa- tion. Plans for this move were advanced during last night’s gathering. Mr. Gough’s address proved hlgh!y instructive and entertaining. The banks | were unusually well represented. Company to Increase Capital. The Guaranty Co. of New York, the Washington office reports, has taken corporate proceedings to increase the capital stock of the company from $5,000,000 to $9,000,000. When this in- crease in capital becomes effective a stock dlvlaend of $4,000,000 will be de- clared out of the company’s surplus and reserve accounts. As the Guaranty Trust Co. of New York owns all of the stock of the Guaranty Co. of New York, the dividend will be paid to the Guar- | anty Trust Co. of New York. New Insurance Still Growing. A compilation of new business re- cords of 44 life insurance companies which have 82 per cent of the volume outstanding in all legal reserve com- panies in this country, submitted by the Association of Life Insurance Presidents, shows that new life insur- ance production during October was 47 per cent greater than during October of last year. Insurance pro- duction during the first 10 months of this year was 7.8 per cent greater than during the corresponding period of last year. Markets at a Glance NEW YORK, November 22 (#).— Stocks strong; Wright Aero soars more than 40 points. Bonds steady; Liquid ‘Carbonic 6s crcss 200. Foreign ex- changes steady, Canadian dollar at new 1928 high. Cotton firm; trade buying. Sugar higher; steady spot situation. Coffge. lower; easier Bra- zilian markets. CHICAGO, November 22 (#).—Wheat easy; lower Northwest markets, Corn lower; forecast excellent weather. Cattle steady to lower Hogs weak. FEDERAL LAND BA“K BONDS Special Dispatch to The Star. NEW YORK, November 22.— Bid. Asked. Bank 42 May 1950.38. 5y 969 s 3 TaRd Bank 35 My 10diopdh: e An Eastern university is r:aking a collection of permanent phonograph | records of the various forms of speech characteristic of all parts of the United States, BdokIyh ‘arid Chicago without any new | il Adams Exp(6) Adv Rumley. Air Redetn (13 Ajax Rubber. Alaska Junea. Albany Papr(2 Allied Chem. Allis-Chalm(7 Amal Leather. Amerada(2). Am Agricul CI Am Agri Ch pf Am Beet Sug p! Am Bosch. AmCar&Fdy (6 Am C & F pf(7 Am Drug(80¢ Am Am Home Pr(3 Am lce(2%). Anmi Ice p£(6) Am Low m‘lfl Am Fiano pf. AmPo&L pf(8) Am Radiator (5 Am Republis. Am Saf Razr Am Seating(3) Am Ship & Com. Am Smelting (8 Am S & R pf(7) Am Sruff(12) Am Sugar.. Am Sumatra (3 Am Tel & Tel(9 Am Tobacco(8) Am Tobac B(8) AmWW&EI(ch) Am Woolen pt. Am Zine. Am Zinc pf. Anaconda (4) . Andes Copr 75 Armour I11(A). Armour III(B). Armour Il p£(7, AssnDryG(Z%) Atl Coast L(10 Atl Gulf pf(3). Atlantic Ref (1) Auto Sales. .. Auto Sales pf( Autostrap A (3) Balto & O pf(4) Barnet Leather. Beecn-Nut (3). Be:hlehem Steel Beth Steel pf(7 Blumnthl pf(7) Brockwy Mot (4 Bklyn-Man(4) . BrownShoe (2% Bucyrus(1).. Buff&Sus pf(4) Buft R&P pf(6) Burns BrosA (8 Bush Term(g2) Bush Ter de(7) Butte & Sup(2) Buuer!ck Co. yer&:Co By-Prod(t2. 75) Calif Pack(4) Calu & Hecla (4, Can Dry (t4%) Can Pacific(10). (Cent Alloy pf(7 Century Rib M. Certain-Teed (4 Certo (4)... Ches & Ohio(10 C & O Corpn(3) Chi & Alton Chi & Alton Chi Gt West pf, Chi Ml & St P. Chi & Nwn4). Chi Pne Tocl(6 Chi RI&Pac(6) |Chi Yel Cab(3) Chickasha(3) Childs(2.40). Chile Copper Chrysler(3)... Col Sou 1st(4). Col Gas & E1(§ Col Carbon(4). Com Inv Tr(34 Com Inv (war) Comm Solv (j8 Com Power (13, Conde Nast(2) Congoleum-Nal -Consol Gas(5) ConsolGaspf (5 Consol Textile Container B 60 Cont Baking A Cont Baking B Cont Can(5) Cont Can pf( Contl Mot (80¢! Corn Pro(13% Cora Prod pf(1). 142 144 142 Abitibl Pow (4). Aoitibi Po p£(6) Abrahm&Straus 110% 110% 110% 110% | Crucible Sti Adv Rumley pf. Ahumada Lead. . Am Bank .\'(r:l) Am Beet Sugar. Am Br Sh(J1.60) Am Brown Bov. . Am Can(2)..... Am Chicle (2). Am&ForP pe(7) Am&For P 2d 7. Am Internatl(2) 126% 120% Am LaFr&Foam 74Am Locomot (8. AmP &L (11). Am Pow pf(sta) Am Stl Fdys(3). Am St Fy pf(7). 151;1 .o 84 Am Sugar pf(7). 108% 108% Am TypeFo(8), AmWWist pf(6) 100% 100% Am Woolen..... Am Writ Pa ctfs Archer-Dan(3). Atl Gulf & WI.. Atlan Ref pf(7). AtlasPowder(4). Atlas Pow pf(6). 104 Atlas Tack..... Austin-Nichols. Austin-Nich pf, Aus Cred(4.49).. Bald Loco pf(7). Balto & O(8).... Barker Bros(2). Barnsdall A (2). Bayuk Cgrs (2). 110% 110% 110% 110k | Grand F&W (1). Bayuk Ist pf(7). 105 Beacon Oil...... Belding-Hemwy . Best & Co(3).... Bon Ami A(4).. Booth Fisheries, Borden Milk(6). Boston & Maine. Botany Mills (A} Briggs MfgFCo. British Emp 2d. . Brunswick B(3) Brunswick Ter. . Bucyrus cv(234) Buff & Susq..... Bush Ter p£(7). Butte Cop & Zine Callahan Zinc... 3% 3w Calu & Aria(17). 127% 120% 126% 126 Canon M{lis 2.80. Case Threshg(6) 476 485 475 484% [ Int Cement(4).. Cent Alloy(2). . 43% Century R p£(7). Cerrode Pas(5). Chandler-Cley. . Chandler-Cl pf.. Chi & East 111 pf Chi Great West. Chi Mil & StP.pf City St B5% stk 106% 105% 105% 106% Cluett-Peab(5) . Coca-Cola(6)... Collias & Aikmn Col & Aik'pf(7). Col Fuel & Iron. Com Cred(1).... Com Cristpf 6% 101% 107% 100% 106 * Com Cr pf B(2). Com Crpf(1%). Com Invst(rts). Com In Tr pf(7) Cong Cgrs (16). Consul Cers(7). ConCigprpf(6%) Con Film pf(2).. ConRRCuba pf 6 Container A 1.20 Cont Bak pf(8). Cont Insur(6)... "THE "EVENING STAR, WASHINGTON, 'D. NEW YORK STOCK EXCHANGE - o Received by Private Wire Direct to The Star Office. Open. 42 80 Hizh, Low. Close. 43% 41% 42% | Coty, Inc (12%). 81% 80 814 |Crex Clrve! - 3107 376 370 371 | Crucib pI(D).. 51% 49 51% [CubaCaneSugar. @ 62 6 &1 |CubacaneSupr 3% 3% 3% 3% |CubaCompany.. ). 3% 86 8. 86%|Culanamen), . 10% 9% 10% |Cuban Dom Sug. e low 8" '8ia|Cudany Prrchrs 25% 25% 25% 25% [Curtiss Aero1). 2341 237 23415 237 |Cushmann pf(8) 143148 148 143 |Cutir-Ham3%) T0% 105 158 Davison Chem. . 41 43 41 AL Debenhms(2.91) 28% 23% 224 28% | DeereaCo pf(7). 76 7 75 |Dela&Hua)... 131 433 |DelL & W(t7).. 1% 13%)Den RG Wn pr.. 59, | Detrolt Ed(3).. . 4 ). Y f. fi!n getraltEd (rts) evoe A (13.20). 18% 18% | Devoe&R 1st(7). 111% 118% | Diantond M(19). 4 Dodge Bros A... Dome Mines(1). . | DrugInc(4).... 1% 11% | Dunhill Int(4).. ’79 82!4 | Dupont ({18%). A 35 zgn Du Pont deb(6). \ 1 1081 mw. 108% | Sastman(18). .. a6 st PICT).. 3. sa% futon Axle(2).. 42 EatonAxle(rts) 93 Eisenlohr&Bro. . Eitingon(23%).. Eitingn pf(6%). E:ec A!lllgL(H. Electric Boat. .. e e[ REE Bda 5ot | ElecPowaLt). Y9 16% 15% 46'% 46% 7% 8 85'% 85 102% 102% 45 45 13% 15% 112 113% ). 94% 95 ). i18'% 118% 6 42% 93 a 8% 9 ). 100%: 101% 111 100 100% Elk Horn. Elk Horn p! End-John(5) . Eng Pub Ser(1). Eng Pu S p(6). Equit Bldg(2).. 85 186 0 T e 70 71° 70 7o |Erielstof, 2 a2 a2 Lo L et 2 9 | Bureka Vi(tie).. } 217 283 217 288 | Furrbanksta). .. . 1374 137% 137% 1374 | FalrbankMpf(7) 188% 189 188% 189 |FedLight(h1.40) 631 65% Fed Light pf(6). 12 Federal M & Sm. 85% Fed Min pf(7) Fed MotT (£80 Fidelity-Phoenx First NatS(1%). Fisk Rubber. - Flelachm-nml). Foundation Co.. Fox Fijm A(4).. Freeport (1634). Gabriel Snub A.. Gardner Motor. . 47'4- 48y 78% 79 8512 854 . 1024 102% ). 186% 1867 kel 63% 65 110% 110% 83% 85 108'% 108% 5% o8 191 194% 177% 177% 178 179 136 136% 645 65 100% 100% 29% 30% 29% 29% . 624 63% 61% 62% 14 14% 14 14%|Gen Am Tnk(4). o A3 Al Gen Asphalt.... L 99 100 99 - 107 112 107 11z |30 AP pE(E)- 48% 50% 48% 6O% 109% 110% 1094 110 | Gen Gapie's 135" - Gen Cable pf(7). ) ) 57% 58 ) 191 196 . 179% 179% .« 179% 180% 136% 136% . 64% 65 Arnold Con & Co Atchison pm).'. ) 170% 170% 170 GenOutdrAd(2). 47% 4T 47% | Gen Outdr A (4) . - 60 o G"‘ Kytslx( Do . ) #).o 117% 117% 117% 117% (}Iflel:agofi‘(c)fi). 91% 93% 91% 92% | Gimbel Bros 104 104 104 |Gy 12 12 12 et 6 7 ) 32% 33 Gobel (Adolph 62% 624 62% 62% Go|dDult(Bv).).- 19% 19% 184 19 |Goodrich(4).... 38% 39 384 38% | Goodrioh pf(7). . . 44l 444 44% 44% | Goodyear Tire.. 119% 120 120 ' 120 |Goodyr lat pf(7) 118 115 114% 116y | Gotham(123). . . 78 78 78 178 |Gothamnv 32l 29% 20% 29% 29% | Graham-Pai . 24% 254 24% 26% | Grhm-Paige. 4T% 47% 4T% 47% | Granby- Min(4). 105 104% 104% | Grand Unon..., 20% 2% 214, .21% | Grand Un pe(3). . B4% B4y 83% 83y |GrantWT (1).. 13% 14 13% 14 | Grasselll (2.68). 96% 97% 941 96 | Grt North pf(5). 1 80 8215 179% 82 |GtNorpfcfs(s) ) 121% 121% 121% 121%1Gt NoOrefs 23 . 118% 118% 118% 118% | Grt Wn Sug 2.80 8% 80 78% T8y | Grt Wn Su pe(7) 10% 11% 10% 108 | Greene Cana(4). 166 166 168% 166 " | Gult Mo & Nor. . 1% 19% 17y 79y | GUIE Stat StI(4). 16 16 16 16 Guif Sta 1st(7). 52n 526 5L 62 | Hack Wpt(1%). g0 7 | Hack pf A(1%). Y 6B 104 6% 69w Hanna 1st pf.. .. . 661 66% 66% 66% | Martmn B(1.50). BklynUnGas(5). 165% !67\ 165'% 167% | Havana El Ry 46 47 |lershey Corp... b52% 56% | Hershey pf(4)... 41% 41% [ HockingVal(10) . 3 86% 38% |Hoe& CoA..... ) 46% - 47% | Hollnd Fur 12% 59% 59% | Hollander & Son . 59% 59% 59% | Household(t4).. - 102 102 102 102 |Houston Oil.. ) 124 124 124 124 | Howw Sound(4). ) 46% 2% BurnsBros pf(7) 105% 105% 105% 105% | Hud Man(2%).. Burroughs(t4).. 1727172 172 172 | Hudson Mot(s). C S Sow e e | Hupp Mortz).! S 108% 116% 116% 116% 116 | Linols Cen(?) 9 Ofl (1%). 8% 9% 8% . 10% 11 10% 10% | ndian Refining Indian Refg cifs 153 1 7 94Y% 94 54 94% | Ingersoll R(}5)., 8% 77 8% | Inland S(k16%). 3 |Inspiration Cop., InterboroRapTr. ) 44% "45% 44% 46% | InterconRubber. . 79% 8l 79% 80% ! Internat Agri,.. 238% 241% 237% 241' | Int Ag Ch pf(7 44 45 44 45 | Int Bus Ma(5).. 43 42% 43 |IntCom Engi2). ) 110% 110% 110% 110% | Int Comb pt(7). i 19 19 18% 18% | Int Harv(j6). 83% 83% ‘831 '83u'|Int Harv pf(7).. 108 118% 108 112% | Int Mtch pf 3.20. ) 31% 324 31% 32 |Int Mer Marine. 78% +T8% *78% ' T8% | Int Mer Mar pf.. . 19% 21 19% 20% | Int Nickel (3)... 28 29 28 28% | Inter Nick pf(6) ) 199% mw nn 199% | Int Paper(2.40). 71 71% | Int Paper pf(7). 11 | IntPap cfs(z.40) .18 .| In Pap pf cfs(7) 65% | Int Paper (A).. 16% | Inter Paper B oo 35%, g, Inter Paper C... . 35 35% '38% | [nt Preg Ink 2. 53% 53% | Int Ry Cent Am. . 9L 91% 90% 91| Int Ry CA pf(5). . 148% 148 147" 141 Intl Salt(5)..... =\ 133% 132% 133% | Int Silver. 31 34 34 |IntlSilver 50 49 49 |Int Tel& Tel(6) 53% 52% 53t | Intertype(t1%). ). 69% 69% 68% 70 |Island Creek(4). . 126 130% 125 180% | popn e aeo o o Johns-Man pf(7) Jones & Lau(7). Jordan Motor. ... 69% 69% 69 6 168% 168% 168, 168, 6% b57'% b56% 58% 90 90 90 90 |KanCity South. % 77 . 14%, 76% [ Kan G So pf(4). % "% 1T%° 17% [Kautin DS 1% . 129% 129% 128 128% | Kayser J(5) Col G&E pfA(6) 106% 106% 106% 106% | Keith-Albee. Columbia Graph 72 80 © 71% 9% | Kefth-Al pt(7). 103t 104 103 104 |Kelly-Spring. .. 58% 64% 58% 63 |Kelly Tire 6%pf Kels Hayes(2). . 26 26 26% 26 26% 26% 25 25 ). 134 1843 130% 133% 8% 9% 8% 9 |Kinneypf(8) 28% 20% 28% 284 | Kolster Radio 108% 108% 103% 103% | Kraft(g1%). ). 227% 235 228% 235 |Kresge(t1.60).. ). 92% 92% 914 92 Kress SH(h13%) 74 74 74 |Kreuger & Toll.. 28% 27% 28% | Kroger Gro(cl). % 144 | Laclede G pt(s), 934 97t 274 90% ir % 284 | Lee Tire & Rub. 93 | Leh Por Cmt 2% 99% | Lehigh PC pf(7) 5 | LehighVal(3%). 4% | Lehn & Fink(3). c. 10% | Lig & Myrs B 15 s 79, | Lima Locomtve. 7% | Liq Carb (t4%). 88 Loew’s Inc (13). 128 | Loe 128 | Loft ). 4% % 126% 128 126% . 127 128 127 89% 89% 89% 18% 19% 18% 90% 91% 90 ). ). Loose-W 1st(7). 14¢ Lorillard Co...y Lig Myers(15).. " Open. Hisl 76'a 82% 25 !m 114 114 5% 6% 17% 18% 27% 2T% 17% 18% 5% 5% 67% 67% 142% 155 110% 110% 64% 65 61% 62% 39% 30% 125 125 194'; 194% 131 587% 58 201 16% 16% 54 54aY 113 164% 113 164% 27% 118 26% 118 95% 481 118% 118% 189% 126 63% 2 56 36% 108% Elec Stor Blnfi) " 44% 110 56% 100 192 102 21% 105 65% 13% 85% 46% 99% 4% 25 12 83% 80% 120 138 209% 86 124% 111% 92% 102 9% 83% 113% ‘IS 25 114 5% 17% 26% 17% 5% 67 142 110% 64% 61% 39% 125 194% 130% 58 201 16% 53% 112% 164 26% 8% 116% 118% 186% 126 57 1% 56 35 108% 44% 110 56% 100 190 102 20% 103 61 12% 834 46 9814 45% 22 11% 82 8 118 138 204% 83% 124% 111% 8815 162 88 83 111% 82% 25 114 118% 188% 126 63% 2 55 35% 108% 3 109% 108% 109% 3% 114% 113% 114% 163% 170% 163% 169 52% 53% b52% 53% 681 68% .68% 68% 105 105 % 6% 140% 140% 86% 36% 133% 133% . H‘Ji 108 74 4% B9%, 47% 141% 141% 98 99 5% 6% 36% 37% 188% 191% 120 120 59 60 94% 94%, 56% 56% 90 90% 20% 29% 15% 16% % 115 50% b51% 186% 187% 29% 29% 53 53 186 191% 120 120 121'% 121% 13! 13% 1 120% 124% 20% 20% 100 100 46% 47% 16% 17% 143% 125 127 100 100 35% 3b% 131% 133% 20% 20% 56% 57 108% 108% 97% 98 92 92 43 n7 124 9% 10% 105 140% 36% 32% 28% 174% 133% 20 56 \(ISM 51 92 9% 43 105 9% 43 116% 122 62% 62% 61% 61% 102% 102% 102% 102% 9% 10% 31% 31% 381% 31% % T2 121% 122 29% 30% 29% 304 % 121% 2 122 + Lorillard pf(7). Louisiana Oil... 87% 81% 87% | La Oil pf(6%) Louls GasA 1.75. Louis & Nash(7) Ludlum Stl(2).. McAndrews 2.60. McCall Corp(3). McCrory A(2)... McCrory pf(6).. | McKeespt Tin P1 McKes&Ro 1.60. McKsn pf A 314 Mack Truck(6). Macy Co (2) Mad 8q Gar(2).. Magma Cop(3).. Mallison & Co... Manati Sugar. Man Elec Supl Man El m2g(d5) Man Shirt(2). Maracaibo Oil... Market St prior. Martin-Parry. Mathieson(6). May Dept S(4).. Maytag (13%). Maytag pf(3). Maytag Ist pf(6 Melville Shoe(1) Mengel Co...... MetroG pf(1.89) Mexican Seab. .. Mex Petm (12) Miami Cop(1). Mid-Continent Middle States. ... Mid States ctrs. Midland pf(t12) -Miller Rubber. . Mirin & St Louis. Mo Kan & Tex. . Mo K&Tex pf(7) Missouri Pacific. Missouri Pac pf. Mohwk Car 235 . Montemry W 15 Moon Motor. ... { Mother Lot30c). Motion Pie Corp. Motor Meter A. . Motor Prod(2) Motor Whi(t2 % Mullins Mtg. . Mullins pr (n) 7 Munsingwr (3) Murray Corp.... Nash Motrs(t6). ash & Chat(7). at Acme(sta).., at'Bellas Hess. Natl Biscuit(17) Nat Cash R A(3) Nat Dairy (13). Nat Dept Stores. Nat Distillers. .. Nat Enamel &S. Nat Lead(5).... Nat Ld pf B(6). . Nat Pow&Lt(1). Nat Radiator.,. Nat Ry Mex 2d. Nat Supply (16). Nat Surety new. Nat Tea(4). Ont&Westn. Stm pf(6). . NY Stm pfA(7). Norfolk South. . Norf & Wn(110) NorAm b10%stk North Am pf(3). NorAm Ed pf(7) No Germn Lloyd North Pac(5)... Nor Pac efs(5).. Norwalk Tire... Ofl Well Supply. . 1 Oil Well S pf. Omnibus. . OppmCollins(f4) Otis Elevatr 18. Otis Elev pf(6). Otis Steel...... Otis Stl pr pf(7) Outlet Co pf(7). Owens Bot(cf4). Pacific Gas(2). . Pac Lightg (3).. Pacific Mills Pac O11 Stubs. Pac Tel & Tel(7) Pitts Ter pf(6). Packard M t5%. Pan-Am Petroim Pan-Amer Pet B Pan-Am Wn B.. Panhandle. . Panhandle pf. Paramount-F-L Park & Ti1(33).. Park Utah (80¢) . Pathe Ex... Pathe EX(A). Patino M(2.92).. Peerless Motor. . Penick & Ford Penn C&Coke. Penn Dixje Cmt. Pa Dix Ct pf(7). Penn RR(3%).. Pere Marq(18).. Pere M prior(5). Phila Co pf(3) Phila & RC & Phil Morris(1).. PhillipsPet(1%) Pierce-Arrow. Pierce Oil. Pierce Oil pf Pierce Pelrolm .o Pillsbury (12.10) Pillsbry pf(63) Pitts Coal. Pitts Coal pf. Pitts Term Coal. Pitts&WVa(6). . PortoRICOTObA . PortoRicoTobB Postum(3)... Pressed Stl Car. Pr Stl Car pf(7). Produ & Refinrs. Producers&R pf. Prophylactic t4. Pub Serv NJ (2). Pub Serv pf(6). . Pub SE&G pf(6) Pullman Co(4).. Punta Aleg Sug. Pure Ofl (1) Pure Oil pf(8 Purity Bak(3).. Radio Corp kS RadioCo pf(3%) 1 ReadingRy (4) Real Silk Hos. Remingtn-Raud. Rem-Rd 2d(8).. Reo Mot (11%). Rep1&8(4).... Rep [ & S pf(7 Reynolds Spngs. ReynldsTobB(5) RhineWE(1.92). Richtield O11(2). lossia Ins(5). .. itoyal D(a3 2: Royal Dutch rts. Rutland pf. % St Jos Leaa(13). StL & SanF'(8) . StL&SanF pf(6) StL&Southwest . Savage Arms(2) Schulte (j3%) Seab Air Line Seagrave(el. Sears-Roe($2% Seneca Copper. . Shattuck FG(2). Shell Un(1.40)., Shubert The(5). Simmons Co(3). Simms Pete. Sinclair Oil. Skelly Of1(2 Sloss-Shef(6). .. Snider Packg Ce SoPoRicS t214 South Por pf(8). South Calif Ed.. South Dairies A, South Dairies B. South Pac(6)... South RY(8) e .. Spang Chalfnt. . Spear & Co..... Spicer Mfg. Spiegel Co (3).. Std Com To(f1). SG&E (3%). StdG&E pfi4). Std Milling(5) .. Std Millg pf(§). Std O of Cal(t3) THURSDAY, NOVEMBER 29,1098, 90% lOO'm 17 Dl‘: 37% FINANCIALS Low. Close. 991 17% 89ty 37 4 146% 126% 384 57% 104% 52% 29% KE T 834 497 100 17% 89% 3714 146% 84 49% T0% : 105% * |and above 142 was up 6 SPECIALTY STOCKS LEAD IN RECOVERY) Wright Aero Starts Advance.- Radio, Curtiss and Motors in Gain. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, November 22—The stock market today staged an em- phatic recovery from yesterday’s siump. Not only were high-priced specialties | bid up in sensational fashion, but the whole list was strong more or less. In the morning it was the copper .stocks and the airplane shares which were the leaders, while in the after- noon the motors came to the front. The sensational performers were Radio, Wright Aeronautical, Curtiss and Victor Talking Machine. Wright at 269 was up 48 points. Short covering was a factor in the advance and so was buying by outsiders, but more influential was the renewed effort of professional operators for the rise. ‘Wright Aeronautical took the place of Radio today as the leader of the ad- vance. Radio was strong, too, up over 20 points, but the airplane stoci:s were the spectacular performers. Wright left off yesterday at 221 and before noon today it was selling at 253, a gain of 32 points and a record high for all time. Curtiss followed along at a much slower pace. . . . ... Other. Strong Issues. - Then there was Victor Talking Ma- chine, which had been strong the day before: when other stocks were weak. It added substantially to its gain today points net. Its sponsors talked confidently of the value .of the property to some other corpora- tion, presumably Radio. Union Carbide ,'|and Carbon was another stock to move . .| up .aggressively, crossing 200 for a 5- ipoint rise. National Biscuit was stiil another, up from 6 to 7 points, All the copper stocks were actively bought and all made good gains. Andes 'set a mew high since listing. Anaconda wcame . back 4 points, Greene Cananea tmade up about as much and Cerro de {Pasco jumped 5 points. Kennecott, in which the speculative interest is not now so large, recovered, but not so fast. R e ‘Television apparatus invcnied in Ger- many ‘transmits pictures of objects Ly wire or radio without the necessity for first photographin; the objects them- selves. StdOIINJT (+1%). StdO:INY (1.60). Std Plate Glass. Std P Glass pf.. StdSanPro(1.68) Staniey Co. Stewart-War (6) Strom Car(2)... Studetaker(5).. Studebak pf ( Submarine Boat. Sun Ofl (g1) Sun Oil pf(6). Superior Oil. Superior Steel. Sweets of Amer. Symington...... Telautogh (80c). Tenn Copper(1). Texas Corpn(3). TexasGulfSul(4) Texas & Pac(5). Tex Pac C & Oil. Tex Ld Tr(new) Thatcher Mfg. .. Thatchr pf 3.60. . The Fair(2.40) Thomp J R(3.6 Tidewater AsOil Tid WASOIIpf(6) 00, .| TidewatrO(80c) 9K 53 - 4% 113% 125% 364 125% 148 2% 33%. 1 158%: 1% 120% 547 57% 18% 15% B0% 53 95 12% 9 29% 125"/- 374 57% 103% 52% 29% 92% 28% 89% lll lsle ,)2‘*‘ 237 63% T 67 45% 118% % Tide W Oll pf(5) Timken R B(6). Tobac Prod (8). Transcont Oil. .. Transue & W(1) "Trico Prod(2%) Truscon Steel. ... Twin City RaTr. Undwd-El F (4) Union Carb(6).. 1 Un Oil Cal.2). | Utd Biscuit 1.60. Union Pac(10).. Un Pacific pf(4) Utd Cigar St(1). Utd Cgr St pf(6) Utd Elec Coal. .. Utd Fruit(t5%) U S Cast Ir Pipe U S Distributing U S Distrib pf(7) U S Alcohol (5). . U S Alchohol rts USIndAlcopf(7) US Leather. U S Leather A, U S Realty(4). U S Rubber. .. U S Rub 1st pf.. U S Smelt(33). USSmpf(31). U S Steel(7).... U S Steel pf(7). U 8 Tobacco(3). Uni Leaf Tob(3) Unlv Pipe & Rad Util P&L A(e2). Vanadtum (14). Van Raalte. . Van Raalte pf. Vick Chem(4). .. Victor Talkg(4). Victor pr pf(7).. Va-Caro Chem. . Vir-CarCh pf(6) Vivaudou Co Vulean Detin Vulean Détin(4) * Wabash. Waldorf(1% Walwonth (1.20) . Ward CLA(S). .. Ward Baking B, Ward Bak pf(7). Warner Bros Pic Warner Pic A... Warner-Qu(2)... Warren Bros(4). Warren F&Ripe. Web & Hell..... Web&Heil p(7) Wesson Ofl (4).. W Penn ELA(7).. W Penn El pf (6) W Penn El pf(7) West P Po pf(7) West DairyA(4) West Dairy B. .. West Maryland. West Pacific. West Union(8) Westhse A B(2). Westinghse(4). Weston Electric. White Eagle(2). White Mot(1). WhitRek efs(2). White Sew Mach White SM pf(4). Wilcox Oil & G Willys Ov(1.20). Wilson & Co. Wilson Co pf A.. Wilson & Co pf. Woolworth(5) Worthn Pump, Worth Pump(A’ Worth Pump(B) Wright Aero(2). 22! Wrigley (13%). Yaln.(-’rwne( tsl Hourly Sales on N, Y. Market. 100 am., 12m... 2,379,100 1:30 p.m. 3,817,604 2:15 p.m. 5,016,900 Close.....5,837,600 Dividend rates as given in t! are the annual cash paymen: latest quarterly or half-year s Unit of tradi u: his year—no regular rate. able in stock. ¢ Plus 5% t able when earned. o Lfl o Favasle i/10 xhau&zutvh?ln nited Cigar Stores common sf 1%% 10 stock. First Mortgage Lecans Avplications invited for first trust loans at 51/2% Interest No eurtails—No appraisal fees Prompt Attention W. H. WEST CO. Fourded 189} 1519 K Street FOR STORAC OR TRANSFE CALL CENTRA El FE L Main 990y i let us have your application Consult Us First {‘u need money for your Real Estate financing today. Prompt Service No Appraisal Fee Edmonds Building 917 15th St. ated in the center of Pibeeial and Reaity"disericts: eral desirable suites now u-unle. Very low rentals. [SHANNON. & LUCHS)] 1435 K St. N.W. Main 2345 The Commercial National Company Incorporated Paid up Cash Capital. $900,000 1al N Commercal Na G. M.-P. MURPHY & CO. New York WASHINGTON Richmond « MEMBERS New York Stock Exchange Washington Stock Exchange Richmond Stock Exchange Chicago Stock Exchange New York Curb Market h Copy of our “Fortnightly Review” on Request ~ % 1508 H Street Connecticut at K # ’ Main 9600. v Private Wire and Telephone to New York CLARK,CHILDS & COMPANY 120 Broadway New York, N. Y. WASHINGTON OFFICE 1508 H STREET NORTHWEST MEMBERS NEW YORK STOCK EXCHANGE NEW YORK COTTON EXCHANGE NEW YORK COFFEE EXCHANGE NEW YORK CURB MARKET NEW YORK PRODUCE EXCHANGE BOSTON STOCK EXCHANGE ' CHICAGO BOARD OF TRADE CHICAGO STOCK EXCHANGE “Telephone Metropolitan 3020 JAMES SLOAN, Jr., Manager National Metropolitan Bank Oldest National Bank in District of Columbia lSth St. Opposite U. S. Treasury Throughout a Century —and’ more, this bank has kept faith with depositors, and looks back, with satisfac- tion, upon an important role, well played, in the develop- ment of Washington. Are you using “Metropolitan” facilities? The Zodiac The zone through which the sun passes in its yearly path among the stars is known as the Zodiae. It is divided into twelve gns, named from the twelve constellations which coincided with these signs in the time of the astronomer Hipparchus about two thousand years ago. But even here, where calculations seemed constant as the stars themselves, a change has taken place. The path of the sun has moved forward until now each sign of the Zodiac is actually found in the constella- tion which precedes it. The first mortgage notes issued by Swart- zell, Rheem & Hensey Company are not based on any assumption that things will never change. Rather, the selection of the properties which secure them is made to anticipate the changes which our experi- ence of nearly sixty years in Washington tells us must take place. Thus your return of 6% per annum is safeguarded against any change in real estate values or any change in the chara ter of the locality in which the property behind your investment is situated. SWARTZELL, RHEEM & HENSEY CO. MORTGAGE BANKERS 727 15 STREET NW/ WASHINGTION L.C,