Evening Star Newspaper, December 7, 1928, Page 14

THE EVENING STAR, WASHINGTON, D. C, FRIDAY, DECEMBER 7, 1928. FINANCIAL.™” HAUTILIIII“ES FARNNGS | NEW YORK STOCK EXCHANGE | (STOCK PRICES OFF [ | PORTLAND, Oreg., December T | 3 2 P! T.— ! :30. 1 . High. Low. 3:30. 1 S Lumber producers anticipate a strong REVEAI_ INBREASES Abttibi Pow c0). o oin “owi %% | misentonraBro.. i To% T1h 173% | Mo K&Tex pf(7) 108 104% | demend oo the Fatifoads o equipment | Aoitibi Pop(6) 86 8 86 86 | Eitingon(23). 391 39% 87% 37% | Missouri Pacific 4 66% 60'% ¥ 4 Mo Pacific pf(5) 121% 1227 120% Adams Exp(6).. 385 389 380 380 | Elec Auto-Lt41; 112'% 117% 112% acific pf(; Mohwk Car 233 . for car building will excced those of the A 3 6% 5 Electric Boat... 124 12 11% & v Rumiey 5F 83 e o4 scroweLt ¢ ans Montgmry W 15 Market Sags in Last Hour| present vear. | Adv Rumley pf. A 54 ElecPow&Lt(1). 40% 42} 40 E Mellon Announces $500,000,- A1y rim'th .. e Fleo PALE pf (1) 106 106%5 106% Moon Motor. ... % B 6% e Alr Redetn (13) 3 6 . Elec Stor Bat(5) 81 83% R‘.Y': Mother L (40c). o Steel. % { 000 Issue—Board Reviews | 4jaxRubber.... Atter- Undergoing Heavy CLEVELAND.—Business in tho steel -6% pracEw 6% 6% 6% Motor Meter A.. Aiaska Junea... A n = Wholesale Trade. Selling Pressure. v dars. ok peratiansiatil A, Secured by In Nearby Virginia | Prudential I 51/2% lns%:n:n:e’ ‘Co. Commonwealth Investment Co. | e e s [l 17 13m st w.w. Phone Matn 2023 || Mortgages Investments JAMES Y. PENNEBAKER Main 5328 1520K St. N.W. seems certain that 1929 requirements i [ i i [ [ i v { Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit Life Ins. Co i 1520 K Street Main 475 End-John(5). .. Eng Pub Ser(1). Eng Pu S pf(5). Equit Bldg(2). 9% 9% | Motor Prod(2). Motor Whl(t21 Albany P 2). - Allled Cham". o5 RIS RUTE last few days, but operations still are Allis-Chalm(7). around 80 per cent of capacity. Amerada(2).... Mullins pr (n) 7 Munsingwr(3) First Mortgages Let us have your applications ' “LOANS ON REAL ESTATE Immediate Action Courteous Treatment Our record of 35 years speaks for itself. BY EDWARD C. STONE. | Gross carnings of 95 of the impor- {tant utility systems reporting to the | Department of Commerce showed gross carnings of $186,000,000 for October, tober 1927. For the first 10 months of 1928] gross_earnings to- taled $1823476.- 481, compared with | Am Agricul Chm {Am AgriChpf.. 671 70 1 Am Bank N(13). 120 | Am Beet Sugar. 17 | Am Bosch Am Br Sh(§1.60) 42 compared with|Am Brown Bov $178,346441 in| September and|Am Canpf(7) $177,734,493 in Oc- | AmCar&Fdy(6). 923, 93 Am Can (14). Am C& Fpf(7). 1201 120 Am Chicle (2).. 46% 46W Am Drug (60c). 11% 12 Bl 84% 280 259 Am & For Pow.. 60% . 14115 141% 141% 141% 92% 93 120% 120% 45 45 11% 11% 81 276 591 Erie R R. i Erie 1st pf.... Eureka V(t%) Exchange(13). Fairbanks(3)... FedLizht(h1.40) Fed Min pf(7).. Fed MotT(f80¢). Fidelity-Phoenx First NatS(1%). Fisk Rubber.... Fisk Rub 1st pf. Fleischmann(3). Florsheim (A).. Folanshee (2). Foundation Ce ‘] 101% 20 100% 100% Murray Corp. Murray Corp | Nash Motrs(t6). Nash & Chat(7). Nat Acme(sta).. Nat Bellas Hess. Vatl Biscuit (17) Nat Bise pf(7).. Nat Cash R A(3) Nat Dairy ($3). Nat Dept Stores. Nat Distillers. .. Nat Enamel &S. Nat Lead(5)... Nat Lead pfA(7) Nat Pow&Lt(1). Nat Radiator... BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, December 7.—After maintaining a good-sized rally for three-quarters of the session, the stock market broke sharply again in the last hour of today’s trading. It broke notwithstanding a reduc- tion in call money from the renewal rate of 10 per cent to 9 per cent. The cut in the rate came in the middle of the fourth hour, and for a brief period the market responded.. Then came a period of hesitation, followed by a de- cline, gradual at first, but gaining mo- mentum as prices went off. | potato shows this Winter in Detroit, with absolute Packing House Products. CHICAGO.—Considering the heavy supply, pork products have stood up well in the last week. Trade in beei, however, is slow and draggy. Safe—Conservative Makevoursavines 41 Vears' and surplus funds Ele | - 1 work for you at Jiy perience the highest inter- est rate consistent TPotatoes. BIG RAPIDS, Mich.—Michigan po- | tato growers are planning to hold big | e homes and in the sale of these se- Cleveland, Cincinnati, Chicago and ‘8 = — Pittsburgh to educate the consuming P e Wm.H. Saunders Co,, Inc. Ship Line Profits Gain. | REALTORS $1.,736011,671 in|AMm&ForP2d7. 96 95% Fox Film A(4).. corfesponding pe- | AM&ForP pf(7) 10715 107% 107t 107's | Freeport (16%). Tiod of 1927 Am Home Pr(3) 7% 7 | ga, | Net carnings for | Am Jee(t2%)... 41 426 | oar o 3w | L18% 118% | 5, SRt g;t:ynbgrs§g:e:§g Am LaFr&¥oam 85 815 1, | Gen Am Tnk(4). 82% # ?|Gen Asphalt. Td% § & Am Locomot(8). L N amounted to $72,- 5 Gen Asph pf(5). 117% 117% A 4 B 500,000, o g ainet | Am Locopr(@). 112 Geean, b ek Nat Radiator pf. United States Steel and General Nat Ry Mex 2d.. Nat Supply (18). Nat Tea(4)..... 3 Nevada Cop (2). N Y Air Br(3).. N Y Central(8).. N Y C & StL(6). BALTIMORE, December 7 (Special). Main 1016 Motors Slumped I e Al SeWn: | —Directors of the Merchants & Miners' the movement, and so was General | Transportation.Co. have declared the Motors as_it broke through 200 and |regular quarterly dividend of 62); cents then tumbled 5 points more. Both ex- |a share, payable December 31 to stock- tended their losses later on. Radio, be- | holders ot record December 15. low 380, was off more than 20 points The company will close the current Percy H. Russell Co. | 1731 K St. N.W. A Machine (15% 168 REAL ESTATE NOTES | Secured by First Trusts Conservative Appraisals Chosen Locations 6% Interest WEA_VEB_EO ‘ REALTORS WJ | 809 15th Street N.W. Main 9486 27 Second Trust Notes We will buy your Second: Trust Note if desirably secured on im- proved property in the District of Columbia. 567,259,727 a year ago; while net for the 10 monthsj amounted to $693,216,654, against| $626,025,369 for the correspondnig pe- | riod of 1927. | Mellon Announces Financing Plans. Secretary Mellon announces that the Eugene Mever. 1928, all maturing December 15, 1928. of the respective offerings. i Meyer on Farm Loan System. during the past 12 months. Mr. Meyer sees several favorable able level. Crops as a whole were There is no_noticeable lack of funds Am Metals(3)., 53 5 AmP&L(I1'.. 78% 79 7% AmPo&Lt pf(6)] 101% 102% 101% 102 Am Pow pf(sta) 83 8313 83 Am Radiator(5) 174% 177 174% Am Ry Ex(6)... 138 138 138 Am Republis. 66% 661n 64% Am Saf Raz(rd 68% 69 68 Am Seating(3).. 36% 36% 36% 36% December financing will take the form | \n, ship & Com. 43 36% 361 364 of an offering of $500,000,000 Treasury | s Syithlag/ certificates of indebtedness in two se- |47 SUPLME(®). oL ol ol ries, both dated and bearing interest | xm Srufr(is)... 208 209 308 300 from December 15, at the rate of 4! | Am St] Fays(3). 5814 60 58 59 per cent, one series being for nive | am Sugar...... 821 s 81 81 months and the other running for 12| x\m Sumatra (3) 531 { months. The offering maturinz in Sep- i | tember 15, 1929, will be $200.000,000 | Am Tel & Tel(9) 1881 18015 1865 /|1 and the longer term issue $300,000,000. | Am Tobacco(8). 1 The Treasury will accept in payment | Am Tobac B(8). 1 2 for the new certificates, at par, Treas-|Am Tob pf(6)... 1 120 ury certificates of indebtedness of | A TypeFo(8).. 1. series TD-1928, TD2-1928 and TD3-|AmWW&El(cl). 65 65 Am Woolen..... 2u% Subscriptions for which payment i5|Am Woolen pf.. 57 5815 561 to be tendered in certificates of indebt- | Am WrPa pfefs 46 47 46 edness maturing December 15, 1928, Am Zine.... 34% 381 348 will be allotted in full up to the amount | Anaconda(4) 101 104% 98% | Andes Copr 76c.. 39 37 Archer-Dan(3)...101% 102 100 1011 Armour I11(A).. 16% 16% 16% 16% Eugene Meyer, chairman of the Fed- | Armour II(B).. 84 815 8y 8y eral Farm Loan Board, reports that the | Armour Il pf(7) 84% 854 84% 854 system has been considerably strength- | Arnoid Con& Co 414 44 41 41 ened during the past year, the 70 mem- [ Art Metal(1%). 30% 30% 30% 30% ber banks being in a strong position to | ASsoDryG(23%). 68% 72 aid agriculture as demands arise. The Asso 0il(2)..... 48 48 48 fact that many banks have made fewer | A'chison(10)... 1 loans is considered a Hieal;.rhi’hs{.atlc. as :L‘f:‘:;&x'lsplr- ‘e&r)u m; mf"' 10?' 2% r loans e many farmers have paid of e ::: g‘”}fl&l“‘v'lw) & }24 tion, ul e 4 4514 5 s Regarding the agricultural situa AU SE)L. to o :};:: g::: aspects. Marked improvement in the fl“tlc Ref(1). 50% 541 50% 521h live stock industry in the West is. ap- [At1an Refpf(7). 116 117% 116 117% | parent and prices are at a more favor- 4% 4 26813 263 84 Am Tel & Ca(5). 1% 17% 1% 136 W 25% 44 3% 4. 65% 65% 195'% 19215 192% AtlasPowder(4). 103 106% 103 103 Allas Tack...... “11% 1% 11% 11% 5 ustin-Nichols.. 6 6 jg:zd during the past year and DPrices |y yscreq(4.4). . i oo Auto Sales...... 22y 23% 22 23% 6L 61 et igf Gen Cable A(4). Gen Cable pf(7). Gen Cigars(4). Gen Elec(15)... Genllec sp(60c) Gen GasA (01%) Gen GasB(el%) Gen Ice Crm(3). Gen Mills (3)... Gen Motors 191 Gen Mot (New). Gen Mot pf(7). GenOutdrAd(2). Gen Outdr Ad(4) % |Gen Ry Sig(6).. Gen Refrac(3).. Gillette S R(e5). G'mbel Bro: Glidden (118 ) Glidden pr pf(7) Gobel (Adolph). Gold Dust (5). Goodrich(4). Goodrich pf(7). Goodyear Tire. . Goodyr 1st pf(7) Gotham($2%).. Gotham nv 1234 Gothm pf exwar. Gould Coupler A Graham-Palge. . Granby-Min(4) . Grand F&W (1). Grand Unon. Grand Un (rts Grand Un pf(3). Grant W T (1).. Grt North pf(5). Gt Nor pf cfs(5) Gt NoOr cfs 2%, Grt Wn Sug 2.80. Grt Wn Su pf(7) Greene Cana (6) Guantanamo Su. Gulf Mo & Nor.. Gulf Stat Sti(4). Hack pf A(1%). Hanna 1st pf..., Hartmn B(1.20). Havana EI Ry. .. 5 100% 761 1147 51 317% 105 N Y C StL pf(6). N Y Dock.sowonn N Y & Harlm(5) NYNH&Hart(4) NY NH&H pf(7) N Y Ont&Westn. Norfolk South. . Norf & Wn(t10) NorAm b10%stk North Am pf(3). No Germn Lloyd North Pac(5)... Nor Pac cfs(5) Norwalk Tire. Nunnally Co.... 011 Well Supply. Omnibus....... OppmCollins(f4) Otis Steel...... Otis Stl pr pf(7) Owens Bot(ct4). | Pactfic Gas(2)... Pac Lightg (3) Pacific Mills. Pac Ol Stubs Pac Tel & Tel(7) Packard M 5% . Pan-Am Petrolm Pan-Amer Pet B Pan-Am Wn B.. Panhandl Paramoun Park & Til(13).. Park Utah(80¢c). Pathe EX....... Pathe Ex(A). Patino M(2.92) Peerless Motor. . Penick & Ford. . Penn C&Coke. .. Penn Dixie Cmt. Penn RR(3%).. Pere Marq(18) Phila Co pf(3). Phila&RC&1. Phil Morris(1).. Phillips Pet (2). Phoenix Hoslery Pierce-Arrow. .. Pierce-Arrow pf from its high and down more than 15| year with net earnings larger than points from the preceding close. Wire houses reported heavy Western selling. However, that may be, there was a lack of support on the decline. The reaction began when the ticker was practically even with the market. on the selling side. Losses were marked up all along the line, in many cases stocks selling lower than at any time yesterday. ‘whis, of course, represented In part the closing out of impaired ac- counts and ‘in part offerings from traders who had become convinced that the turn had came. General Motors at 201 on the initial sale was a new low on the reaction. The same was true of United States Steel at 156%5. Westinghouse Electric on its opening quotation also was peiow any- thing seen yesterday. Radio started in on a 5,000-share block at 381, down 14 points. Radio- Keith-Orpheum showed ~pronounced weakness, opening at 36 for a loss of more than 4 points and at a new low since listing. Many other stocks were down from fractions to 2 and 3 points. After the first half hour, in which, incidentally, the sales of 1,080,700 shares were more than twice as great as in the same period yesterday, the market steadied and individual issues began to move upward. Stocks did not, however, move by groups. Instead, one or two would be picked out in each section for so-called constructive opera- tions. The leader of the coppers was Chile, up over 4 points around 65. Greene R Cananea recovered, ‘but not in propor- tion. to its recent break. Anaconda was up a point or so, and so was Ken- necott. Wall Street Briefs those reported last year, despite the | fact. that gross was lower. Cash on hand is approximately $750,000 above this time n 1927. CHICAGO DAIRY MARKET. | CHICAGO, December 7 (#).—Butter —Lower; receipts, 6,632 tubs; creamery, extras, 50; standards, 48; extra firsts, 481;a49; firsts, 46a4712; seconds, 43a45. Eggs—Steady; receipts, 4,747 cases; extra firsts, 46a47; firsts, 40a47; ordi- | nary firsts, 30a38; refrigerator extras, | 32; refrigerator firsts, 3012a31. Poultry—Alive, steady; receipts, 3 cars; fowls, 18a25'>; Springs, 27 roosters, 20: turkeys, 25a30; ducks, 17a 24; geese, 22. | TREASURY CERTIFICATES. (Reported by J. & W. Seligman & Co.) Rate—Maturity Dec. 15,192 97 30-; 972232 9730-32 FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal gold Selling checks value (o1 var). today. $4.8685 34.35 -0300%, 1390 London, pound. Paris, franc. beiga mark. 9 (1926% Madrid, peseta. ‘193 ‘6i3ia ;Aennl. tu:hlllll’\l. . .. 1418 u crow. Stockholm, crown i 308 | Invest Your Money at 6% with GUARANTEED Safety. First Mortgage bond sponsored and approved by this corporation, anc whose value is beyond question, is your security You have choice of the type and location of your investment. Our $3- 400,000 resources assure prompt payment of prin- cipal and interest. Denominations $250 up Monthly pavments if desired Write for our Booklet REALESTATE MORTGASE & GUARARTY CorRPDRATION Capital Resources § 3,400,000 24 JACKSON PLACE HawanPinap 12. Pierce Oil. . M Pierce Oil pf. Pierce Petrolm. . Pillsbury (12.10) Pillsbry pf(6%) Pitts Coal...... Pitts&W V. PortoRICOTODA . PortoRIcoTobB. Postum(3). .. ... Pressed Stl Car. Pr Stl Car pf(7). Pub Serv.NJ (2). oo s truck producion tn Novemser I T 141,033 total of November, 1927, accord- ing to reports of factory shipments to 82 St St St of| Equitable Co-operative Building Ass'n industry, including Canada. November JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary production was-33 per cent under Octo- Organized 1879 49th YEAR COMPLETED ber’s total. Production in the past 11 months amounted to 4,368,100, compared | A%%t%- -+ +eeee. $5513,05163 Surplus & Profits.......$1,601,704.98 with 3,436,755 for the corresponding B nh - . perod last year ‘and 4338390 i the Subscription for the 96th Issue of Stock Being Received Pullman Co(4).. —_— Stockholders of the Stutz Motor Car Punta Aleg Sus. SO e et U e INVEST YOUR XMAS SAVINGS Purity Bak(3). . NS B - 2D IN THE E IT Purity Bak(rts) % | william Jervis, formerly general traffic QU ABLE Radio Corp..... manager of the Texas Corporation, has . There is no better way 8 Reading 2d(2). . i i % $2o50 [ Real Silk Hos. .. known as Helens Rubinsteln, Inc. is Chey oo e Per Reis(R)& Co. organ| ‘manufacture an i Rels 1st pf(7) disiibute. products of Helens Rubin| '™ Christmes money than Remingtn-Rand. stein. The Long Island City, N. Y., by starting an account in Share Rem-Rd 15t(7).. factory will be taken over by the new he Equi corporation, which will have a capital| the Equitable. RadioCo pf(3%) been elected & vice president of the Radjo-Keith(A). | Marland Ofl Co. of Ponca City, Okla. Reo Mot (11%). Repl&S(4).... of 135,000 no par convertible $3 dividend for farmers, Mr. Meyer says, on tne BaldLocopf(7). 117 117 116% 1 Hej terms which the farm loan system is | Balto & O(6).... 115% 118% 114% 1{{‘4’:‘, éefiifii’y'fiz"ff).. ooy ol oy Balto&Opf(4). 78 78 78 178 |Hershey prpf(6) There are now 50 active joint stock | Bans & Ar(3%). 65 63% 64% 64% | Hoe & Co A..... land banks with three additional ones | Barker Bros(2). 35 35 35 35 |Hollnd Fur 12% {in receivership, and 12 Federal inter- | Barnet Leather. 27 28 27 27y | Household(14) . mediate credit banks and 12 farm land gflm!flelm (2). 42 421 40% 40% | Houston Oil.... banks in the system. Bayuk Cgrs (2). 112 116 112 116 | Howe Sound(4). Payuk 1t pf(7). 105 105 105 105 |Hud Man(2%4).. Board Reviews Wholesale Trade. |BeaconOil...... 21 201 2] 22y | Hudson Mot(5). Wholesale_distribution was in larger | Belding-Hemwy. 134 13w’ 13w 13u | Hupp Mot(f2).. volume in L(‘)_Lcmbfl"s than in sny pre- Sil‘ffiéf,‘(’fi"" o 84 84%| ninots Cen(7). ceding month, as is usual af a- - % 88% = 1004 Vermont Ave. N.W. Son. "An inciease of 2 per cent was | Be'hichem Steel' T3 7Tow 7o 7oy | nd O & Gas (). shown in dollar volume of. combined | B6th Steel pf(7) 1224 122% 122% 122% | Tnatan Mot (1| Main 5833 Salos In nine lines of trade Teporting to | Bloomingdale... 4311 43y 42 i34 Indian Refining. Prompt Attention to Applications National Mortgage & Investment Corporation Whatever your object to make use of your of saving, the Equitable’s ReadingRy (4).. % —_— Sewe ectimetion” oo panY; . 10 be systematic plan of sav- ings will help you ac. cumulate the money quickly. Reynolds Spngs. preference and 750,000 no par common T EE 915 F Street ICE CO. MERGER RUMORED. II!I|l|||Il"|l|||llllll|||||||"fll|"||||||||"|H|"||||"||||||||||||||l||||||||||||||||I||l||||||1||l|||| Richtield Oil(2). Rossia Ins(5)... 2 BALTIMORE, December 7 (Special). —A merger of 17 ice companies in ‘Maryland and nearby States is being arranged by New York financiers, ac- u‘:‘flng to reports in the financial dis- The Federal Ice Co. and Terminal Ice to inspect—phone Real Estate Main 5027 923 NewYork, Ave. Spang Chalfnt. . and 1237 Wisconsin Ave. BIceE M e s Victor Talkg( Victor pr pf(7). Va-Caro Chem. . Vir-CarCh pt(6) Vivaudou Co.... Wabash. . . Wabash pf A(5). Waldorf(1%)... 2315 REALTOR SAFE FIRST tober was considerably larger. Botany Mills (A> 13 166 | Inland S(kt6% and 6.8 per cent over September, 1928. BrownShoe(235) 46% 48% 48 45 Int Ag Ch pf(7). 1927 and 5.4 per cent from September. | 34% 36% 34% 36% | Int Harv pf(7) September. Women's clothing was 15.0 | Burng Bros(B) . 56 56 56 |Int Mer Mar pf Listed and Unlisted nd shoes were down 5.2 per 5 9% 76 Boots @ oo | Bush Terde(7).. 109 109 109 109 |int baver né(1y. A above September. Drugs were 4.5 Der | Byer & Co ... 1ot (43% 421 424 | Inter Paper C... ol St Jos Leaa.t3). Security Mutual s above 1927 and 0.7 per cent above Sep- | CAlif Pack(4). 74% 74 741 | Int Ry CA pf(5). StL&Southw (Investment Bldg.) Bonds drew more attention in today’s | Can Dry (t4%). 176% 764 74% 75 |Intertype(tl%). Seagrave(el.20). sentatives of the New York interests. REAL ESTATE 103%. Potomac Electric consolidated | Cent Alloy(2).. 40 41 381 auy | 1ol Tea (15).. atuck K () e which It Danned 1o ncuce 9215~ Gas 65, series A, sold at 105%, | Certain-teed Pro.” 28% 28% 28y = 24 | Kan City South. Simms Pete B M tew One-hdlf Square from Connecticut Avenue Power 5% per cent at 108'; and Wash- |C & O Corpn(3). 728 71 |Keith-Al pt( Snider Packg USSmpf(33%). 541 54" . 1563 & unusually low price and presents an exceptionally good invest- Business Properties Chestnut Farms Dairy preferred was | Chi Mil& StPpf 52 531 B1% 51 | Kels Whpf(7).. South Dairies B. Unly Plpe® Faa Security & Trust sold at 452. Mergen- (Chi YelCab(3).. 34 34 34 a4 |Kolster Radio. .. Rl . 63 . Maryland-Virginia ferred at 108. Chrysler(3)...." 1274 132 1243 1243 | Kre58¢ Dept 8 i oinact), . 32 With those in the system as & whole by | Goj e o fom 83% 541 53% 544 | Lambert (6%). 124% 120% 5td O of Cal(13) President John Poole of the Federal- | GO Uobia Graph 664 70% 65% 66y | Lehn & Fink(3). StdSanPro(1.68) Ward Bak pEch) W 8 in the interest of the Washington Com- | Gom Inv Tr(147. 199 oo™ 100 1003 | Lig & Myrs B 15 . Studebaker (5 New York Life Insurance Co. Warren F&Pipe. INVESTMENT FOR INCOME If you want to make sure of a West Paciflc pf.. continuous and definite income West Union(8).. Westhse A B(2). our Westinghse(4). . Weston Electric. White Eagle(2). Symington...... Symington Cl A.. Telautogh(80c). Tenn Copper(1). Texas Corpn(3). Texas Corpn rts TexasGulfSul(4) Tex Pac C & Oil. Tex Ld Tr(new) Thatcher Mfg... The Fair(2.40).. Thomp J R(3.60) Tidewater AsOIl TidewatrO(80c) Tide W Ofl pf(5) Timken R B(6). Tobac Prod (8). Tobac Prod A(7) Transcont Oil... Transue & W(1) Trico Prod(2%). Truscon Steel. . Twin City pf(7). Undwd-El F (4) Un Bag & Paper. Union Carb(6). ©Un Of1 Cal(2) Union Pac(10).. Un Pacific pf(4) Utd Biscuit 1.60. Utd Cigar St(1). Utd Elec Coal... Utd El Coal (rts) Utd Fruit(t5%) 141% U S Cast Ir Pipe W 42 West DairyA (4) West Dairy B... West Maryland. West Pacific. 6% FIRST MORTGAGES cl gmze s")u PL(4). ys Ov(1.20). i Willys Ov (rts). S it Wilson & Co.... w::un cocpz A. “ o son & Co pf. %oolwort.h(&) . Contuty ‘orthn Pump. . Worth Pump(B) Ll Wright Aero(2). 250% 261% Loss Wrigley (13%).. 738 173 Yale&Twne(t5). 62% 62% Yellow Truck... 37 39 Young Spring... 51% 5l% Youngstn Sh(5). 97% 98 Hourly Sales on N. ¥. Market. 10:30a.m. 1,080,700 12 m... 2,744,200 1:30 p.m. 3,796,100 2:15 p.m Dividend rates n bove R RN S B. s 'zx’dfu, less than- 5o USCIP ist120. 184 18% . 3 5 U'S Distributing 160 1w ui&"‘{:fi:&q .&.n.::‘!"‘"h.‘.': 138" in ik Main 2100 U'S Distrib pf(7) 80% 80% s year—; - USExpress.... 3% 4 3% R e 5,,,‘:&,;%} S S Hoftman(4). 46% 46% 434 f siocky L& Pids 65 —are certain and secure. Every loan which they repre- sent has been conservatively made, and our check for the in- terest will be in your hands the date it is due. 9014 934 Man El m2g(d5) Man Shirt(z). Bon Ami A(4 78 ! the Federal Reserve System. As com- & 79 18 78 Socsosssssod pared with corresponding month a year | B00th Fisherles. - 9% 9% 8% w4 | [nd Ret ptiry. o 16 ago, wholesale distribution during ‘Oc- | po2c U lst - 80 60 (9% 59% | Indust Rayon: o 164% r In the individual lines increases were 5% 15% 15% 15% | Inspi; 3 Mone to Loan I shown In nearly all, both over Septem- | BFIEES MISFCo. 474 49% 4% 45% | intarbors ey, ber and October, 1927, groc;ems! 912n7- Bk,,n_fiufj;“ gg‘- 232 2;"’ 2;'"" InterconRubber. tober, g T g creased 5.1 per cent over Oc! BKIynUnGas(3). 178 179 © 175 ”5% Internat Agri... 5 Meats were up 2.4 per cent over 1927, i g 2 - Intl Bus Ma (¢5) at % on but down 3.9 per cent from Sepiember. BTt e ook % 304 504} intComent(s).. . Dry goods were of .2 per cent from > A " Int Com Eng(2). 4 2%) 4% 45% 44% 45 Men’s clothing was 22.2 per cent above | g “ Y% | Int Mtch pf 3.20. St 0 cks & Bonds October, 1927 but 9.7 per cent below | g &Susa; ..o 85 55 55 |IntMer Marine, . 33% 33w 33 33 al’g’v?ge;m&:m S TES e ot 3:;;0,;5?;.1(?2))., 195 195k 1944 194% ot Niekd ot(3 ¢ . L] 4 76 | Int Paper(2.40). Liberal Loans cent from 1927 and 1.3 per gcnc mm: Butte Cap e ams Vg 108 109 100 | ine D il DELAY || September. Hardware was 2.6 per cent | Butte & Sup(2). 4 : Y% | Int Paper . fi:’{;fi'fi,fififlw c":.“,..;.l above October, 1927, and 8.5 per_cent | Butrerion G-, 10% 10% 10% 10% | Inter Paper B Rutland pf.. 18135 193% 173 178 p cent above 1927 and 11.8 per cent above | By.p, Int Preg Ink 2% StL & SanF (18). September. | Furniture was 109 per cent | o> o0 (f3%). 95" 99% 944 "95 | Int Ry Cent Am. StL&SanF pt(6) Loan %oml::‘asl':y fember. Callahan Zine. . | e T Savage Arms( Go, of Hagerstown will hold stockhold B i . 115 111% | Interstate chulte ers’ meetings soon, it was reported, to- 1010 Fifteent Heavier Trading in Local Bonds. | Caju & Hecla(4) 35% 38 |IntrDepSpf7.. 1 Seab Air Line consider proposals made by repre- Franklin 1863 Washington, D. C. J| session of the Washington Stock Ex-|Can Pacific(10). 2225 19 222 1 Central, ... Sears-Roe($2 o e ' | change than for some time. Capital | Canon Mijlls 2.80. 5 zf;‘: e 32, | Lsland Creek (4. ! Soneca &é.fn".‘ ) -nmpfinfimfi'f gb:?:;:: - Traction 55 opened the market at!Case Thrpf(7).. 123 123 Shattuck FG(2). those which it is planned to include 70,000 sq Ft of Floor S ace . . 55 came out at 1013, and Washington | Cent Alloy pf(7) 110% 110% 110% 1500, | JoPLS-Manv(3 Shell Un (rts)... 5 5 as the Central Atlantic States Serv- P Gas 5s moved at 1033, and 103%. Rail- | Century Rib M.. 191 19% lor ‘igy | Jordan Motor. .o Shubert The(s). % ice Co. Suitable for LOANS way & FElectric 4s moved at 82 &nd | Cerro de Pas(5). 10014 106~ 100rs 100, | °Fdan Mot(rts) Simmons Co(3). i e S for Garage, Storage Rooms or Warehouse and a baby series B bond sold at 10414, | Chandier-Clev.. 19 = 20! Kaufmn DS 1%. Sinclair Ofl 0. ; fh the Sock division Capital Trac- | Clandier-Cl pf.. 3% i.;a :1‘;'/’ '13 Kayser 3(5). - Stholalirl gglflz“enbnly.:n'.. :gu 81% THIS valuable b_uslncss property is a 4-story brick building l tion sold at 1071., Potomac Electric Ches & Ohio(10) mf’, 200 195 195 |Keith-Albee. Skelly O11(2) USSmnlt(u‘/’.)'.'. §0% 2’-} with two freight elevators, and is ideal for a garage and 2 0 ington Gas Light at 102 in very light ChiGreat West. 15% 171 T | Keny-Spring.... So Po Ric S 1214 ey showrooms, or warehouse and storage rooms, It is offered at an trading. Railway & Electric preferred | Chi Gt Westpf.. 36% 373 36% 37 |Kelly Tire8%pt South Calif Ed. . A 5 ¢ Homes, Apartments and sold to the extent of 70 shares at 99%. ' Chi Mil& StP.. 3 33% 33 33y | Kels Hayes(2).. South Dairies A. Uni L::! "1":(!‘1(3 e active at 1067, closing at 107. Chi&Nwni4).. 8 86 % S Kelvinator Corp. South Pac(6) In Riges National Bank warrants brought | Chi Pne Tool (8. 1491 123?2 Vi 147" | Kennecott (8).. South Ry(8). st IO DishictioliColanin 305. Twenty shares of American | Chi RI&Pac(6).. 125% 128% 125% 1245 | Kinney (G R). B Vanadium (14) thaler Linotype changed hands at 105%%. | Chickasha(3)... 48% 48% 48% g | Kraft Pho(14). Vick Chem(4) and Nearby Barber & Ross common moved at 21 | Childs(2.40) 56% 59 56y b7 | Kraft-Phoe (n). and Merchants Transfer & Storage pre- | Chile Copper 664 611 611 | Kresge(11.60). Spiegel Co ( City St B5% stk 106 Kreuger & Toll. . 34% SG&E (3%). 3.5-10-Year Terms Cofl;::o":sm‘nm;g:'F‘z:;';::"‘;;sme Cluett-Peabis), 64" ‘oa% A “é?,t Kroger Gro(c1). 116% 116% S4GEE D). " i 3 7 Std Milling(5). . Prompt Replies district during the week contrasted | Goca-Cola(6)... 1621 163% 162 163% | Lago Ofl.... 32 ng(5) ’ 6752 69 66% 651 | Lee Tire & Rub. SIOLNICIL) . Qs £ $8.000,000 in 4 Y% i Randall H. Hagner & Co. howing a sharp drop of i ColSoulst(4).. 76 76 75 75 |Leh Por Cmtz% StdO{INY (1.60). Walgreen pf 6% 107 tio from 56.76 to 62.41 per cent. Std P Glass pf Decatur 3600 b pf.. Ward Baking B.. 1321 Connecticut Avenue || | American National Bank has been o oo o e 107 el EReREN) o Staniey Co...... P onn lected to head 3,000 volunteer workers | Gom Cristpf 6% 100 i a8l | DK BEYOTa(15) .- Stewart-War(6) Wnrner-Q‘:(-zf,‘? Mortgage Loan Correspondent D S Ly Goa 12:;3 124 124 |Lima Locomtve. Strom Car(2). . Warrn Bros (15) ‘g'. “{ “‘lool;;orth geo‘ repnrlts s?tggg-: Com Power(13). 917% e Sl Submarine Boat. Web & Heil..... e St Sl | Condoast@)is| Tx B0k 764 6w | Loew's pE(8%).. ENBCHIAED). . o Wesson O11'(4)... 11 months ended with November totaled % 204 26 265 |Loft......coc0er Sweets of Amer. 4 5 Z.% $241,873 941, an increase of $13,023,657 | CON& Cars (5).. 9% k”flf‘g‘é-“’) . W Penn El pf(7) & over' the corresponding period of last| Conley Tinfoil.. 11 elarg oo ';9 7 | year. Consol Cgrs (7). 95 9 95% ouisiana Oil., Con #ilm pt (2 51 281 Lous GasA 1.75. n ea SRR T Consol Gas(3).. ¢ 97 Louis & Nash(7) & New Stores Planned. gun;;)lll%asbpf(éf).. 9 gm. 99% Ludlum Sti(2).. NEW YORK, December 7 (#).—Lane | o0 tCuba D 4 13 McCall Corp(3). Investment & oreromsDemee, 1, kane | Gonsol Toxttie: s - u eleals %1'of 56 units, is to open new stores in | G - 5 23 MecCrory B(2)... Contatner B 60c. 11% 11% McKeespt Tin Pl for )| Atlanta, Jacksonville and Knoxville in | coni4Aact ™ 9l : 8 a1% McKes&Ro 1.60 the next 10 months. _Sites for 7 other stores have been selccted. ey McKsn pf A 3%. v i e O Mack Truck(6). - ; ontl Can (n). Macy Co (2). . SHORT-TERM SECURITIES. Christmas N TR 5 2 ) | Corn Procra ). Mallison & Co. .. ah[llgs ? | Attis-chalmers Co. §s 1037... . 100, Coty, Inc (123) Manati Sugar pt 27 ) CM Tnnll Arrp;r‘gs”l;l;i 101'2 10: ;:‘ro\\'flll.elrxhck)l 2 g; g ) sprel. O e ‘rucible St1(5). % Man Elec Su fiul’plus 4 R TSt CubaCaneSugar. 5% Man EI Sup rts. = 2, | Bell Tel. of Canada { Cuba Company.,. 22y 22 e 1036 198 Cuba R R(4.80) . 828 Maracaibo Ofl. .. Our 0 Ganadian Bov. By, 412 1930 Cuban Am S(1). 17 Market St prior. i sland 4s 1934, 4 ) S Curtiss Aeroc1). 138% 144% 1341 13414 | Marlin-R(3%). % First Mortgage Cushmann pf(8) 110% 110% 110% 110 | Mathieson(6). .. 7244 South Ry pf(5). Van Raalte pf in the cash . o) bills discounted, and & jump in the cash | Col Gas & EI(5). 127% 128 155 105 | LohighVal (5% 1r St Biat e Glane: Walworth(1.20). 95 90% 95 Loew's Inc (13). Superior Oil. Wes O&Sno pt7. , Your Cont Insur(8)... Mad Sq Gar(2).. Mandel(2%).... Batavian Pet, % 9 o 9331 | Cuba Cane Su pf 17 . Cudahy Pkg(4). 64% 63% Marlan Oil.. . Colorado & Sou. Rwy. 4s 1929 Notes In amounts from $250 up. F. SAUL CO. 925 15th St. N.W. 214 May Dept S(4).. 8% Davison Chem.. 54 51% 54 56 p 3 Maytag (12) Debenhms(2.91) 38% Maytag pf(3)... Mengel Co Detroit Ed(8)... 216% 216 216 k}:;‘}‘;?,.’;fi " Detroit Ed (rts) 18% 19% 13% 19% Devoe A (13.20). B4% 64% 64 54 |yargecon@: Diamond M(19). 167 167 167 167 |jiaGont pfer 9 |DomeMines(1). 9% 9% 9 9 |\iagiege = 091 )’ 3 e 195" | Drug Inc(4).... 114% 115% 113 113 | \igfGhlates... 451920 937 99% |DulSS&Atlan. 3% 3% 3% 8% | \rigtand pect1z) 243 250 o 1000 | Dunhill Int(4) B6% 88% 86 88%1griiar Rubber, .. 21% u 103 * | Dupont (t18%). 480% 481 480% 181 | yiinn'e st Louts, 3 2% u U u IN DENOMINATIONS OF $100 AND UPWARD o Pure Oil Corp. 937, SS D PH 55 104 9 %) | Sinclair Crude Oil Co, 525 1938 Sou. Pac’R. R Co s 1029, 00 Realtors % | Siandard Off N Jersey 52 1046 Main 9300 1417 K St [] Alcohol(5).. 120% 131%5 128% 2 THERE IS NO SUBSTITUTE FOR 8 A SLeather.... 3% 34% 33! aquarterly in s SAFETY 198 ) pastman(t8)... 181 182 180% 181 M St P&SSM pf. 75 101% 1iaton Axle(2).. 57% 57 55% G564 Mo Kan & Tex.. 51 5% 20 share 1710 share ‘avarierly in Westinghouse El & M. Leather A.. 60 62 5% common stock. 1 Plus “Vhealing Steel Corp. 5125 1948.