Evening Star Newspaper, December 19, 1928, Page 15

FINANCIACL. SPECULATIVEBOND SSUES AEACTE Trading Featured by Demand for Convertibles—Other Issues Lag. BY CHARLES F. SPEARE. Special Dispatch to The Star. NEW YORK, December 19.—A large | part of the transactions in bonds today was in issues that have a speculative character. These were mainly higher. | Strictly mortgage bonds were dull, and distinguished by the widening margin between bid and asked prices. At this time of the year there is like- 1y to be liquidation by dealers who have carried bonds along for some time and are desirous of taking either their * profits or their losses before they make their inventories. This is having some effect on the present market, over which are hanging a number of fairly good sized blocks of corporation, mu- nicipal and foreign government issues. The money situation does not favor buying by the institutions except ab prices well under those on the list. These conditions may be cleared up in the next two weeks, or may continue until & cefinitely improved money situ- ation becomes visible between the mid- dle and end of January. Today's prices for high-grade issues showed little change. Some of them were up a fraction; others down, de- pending primarily on the supply. A rise of & quarter point in United States Liberty 31,s was an ‘unusual feature of the Government market, which has been heavy recently. The last issues of 41, per cent Treasury certificates are both off a quarter on the bid side and selling to yield around 4%, per cent. Bolivian issues were stronger, the 8s up 1'% points and the unlisted 7s back | to 93 after touching 85 Monday. Among the other South American bonds there were numerous small losses and a few gains. Italian issues were distinctly heavy, especially the municipals, with City of Milan 615s at the lowest of the year and on about a 7! per cent basis. Electric Power of Germany 6l2s also touched a new low for 1928. French municipals showed a good rally. Japanese descriptions were heavy. The copper convertibles again led their section of the market with Ana- conda 7s up over 5 points and Andes 78 4 points. International Cement 5s were quite active above 105, Loews 6s gained 2!, points and Barnsdall 6s, 2 points, International Telephone 41is mh}l fractionally above their previous The feature of the speculative rails was the decline in Seaboard Air Line Florida division 6s of 4 points to the lowest of the year, which was 29 points under the year's best. This affected the older Seaboard issue First Mortgage Loans Norway 6%s 1952, Reccived by Private Wire UNITED STATES, (Saiae are (o $:.000.) Sales. High. Low. Close Lib3%s.... 89 9931 9912 9912 Lib1st4%s 1009 1005 1005 Lib 4th 4348 219 10017 10011 10011 US3%s43. 9811 989 989 US3%s... 10330 103 12 10312 US4s 1944, 168 10515 106 ~ 106 US4%s52. 38 1119 111 111 FOREIGN. \ Sales. High. Low. Close. Argentine 6s Ju by. 17 100 99% 100 Acgentine 63 Oct 59 22 100 99% 100 Argentine 6s A. 4 100% 100 100% Argentine 6s B 16 100 994 99% A 36 8 Belgium 6s... Belgium 6%s. Belgium 78 1955 Belgium 7s 1 Belgium 7% Belgium 8, 2 105% 105% 10 48 108 107% 107 8 106% 105% 105's 5115 114% 115 109% 109% 93 95 100% 101 9% 99% 93% 94l 93% 941 100% 100% 108% 108y 100% 100% 100 100 103% 103% 99% 100 92 92% 9265 925 101 8% 98 88 95 100% 100% 109% 109% 109% 109% 110% 110'% 110% 110% 104% 104% 103% 103% 103% 103% 90% 90% 100% 100% 104 104% 107 107 112 112% 9215 9244 105% 108 98 98 101 101 981 98% 100% 100% 101% 101% 100% 100 96 96 964 96% 95 95 100% 100% 9914 99% 991 991 21 21% 89% B9% 4 101% 101% 100% 100% s 93% 93% 93 93 102 102% 96% 96% 100 100 102% 102'% 024 102% 102% 6 Brazil 6%s 1927 Brazil Is Brazil 8s. Bremen State 7s. Canada 5s 1931.,... Canada 5s 1952. Canada 5%s 192 Chile 6s'60. Chi s '61..., Chile 7s 1943 Colombla 6s Jan'61. 7 Con Pow Japan 5 98% Copenhagen 4%s 53 10 Copenhagen s ct. i Cuba 51s. 4 101% Czecho 8s 1951, 5 109y Czecho 8s 19 6 1093 Danish Munic 8s A. 1 110% Dan Munic8s B. 1 110% Denmark 6s. ... 28 104% Dutch East 1 6s 47 4 103'% Dutech East 1 6s 62.. Finland 5 Finland 7s. Framerican 7%s. French 7s French 7%s...., German EI P 6%s German 79......4 Ger Am Bank 7s Ger Gen E! Greek 7s. Haitt 6s. Holland-Amer 6s. Hungary 7% Irish Free State 5s. ltaly 7s...... Italian Pub § 7 Japanese 6%s. 11 100% 1 108'% 11 100% 7 100 69 103% 6 100 sees 41 924 11 934 5 112% 2 92% 99% 9914 New So Wales 57s. New So Wales 58s. Nord 6%s. .. Norway 55 196 Norway 5%s Norway 6s 1943, Norway 65 1944 Lowest Rates of 1nterest and Commission ‘Thomas J. Fisher & Company, Inc. REAL ESTATE | NOTES Secured by First Trusts Conservative Appraisals Chosen Locations 6% Interest Orient Dev deb 6 ll:lrll-hy-Med 6s. Queenslard 6s glw dG. Jan Bs 1946.. 0 Gr Do Sul 85.4. 3 105% 105% Rome 6%s.... 91 e Sun Paulo City 8s. Sao Paulo 1950 Saxon (PW) 7s.... ° Seine 7s 42., Serbs Cr Slay Serbs Crot Slo 85 Shinyetsu 6148 52.. Soissons 6s Sweden 53s... Swiss 5358 194 Tokio 5s. Tokio 5% Utd Kingm 5%s29. 10 118% 118% 118% Y61 97 99% 99% 103% 108% 885 89 101% 107% 107% 88 889 96% 97 106 106 104% 104% 102 102 90 90 921 93 101% 1017% 93% 93% 108% 107 aris-Ly-Med Poland 8s. Porto Alegre 8! Rhinelbe Un 7. RhineWst EP 6 Rh; EP Rio de Janeiro 6%s. 15 93% 3 107 . 26 90% 91 1 113% 1134% 113% 3 105 105 105 L 99%._ 9934 997 « 20 105% '105% 105's . 88 82 8lu 81% 6 95 94n 9% 1 90% 90% 90% 2 984 98% 984 6 104% 103% 103% 3 102% 102% 102% 1 7% 7% 7% 11 88% 884 83% EAVER BRO 809 15th Street N.W. Main 9486 69 Notes Secured by First Mortgages Safe—Conservative J Utd Kingm 5%s 37. Uruguay 8s... Yokohama 6s w 1. Ajax Rubber 8s. An Smit & R 1st 55, Am Sugar Ref AmT & Teltr4s.. Am Tel & Tel 5%s. 514 107 Armour Del 5% Bell Tel Pabs B.... 3104 104 104 2108 108 108 15 95% 96% 95% MISCELLANEOUS. 1 103'% 103% 10315 15 101 100% 100% 30 104 103% 103% 3 99% 994 99y o 12 104% 104'% 104% 9 105% 105% 105% 106% 106% 8 9T% 97 97 1 87 87 87 25 106% 105 105% 80 176% 172% 175% 78 217% 211 217% 27 924 92% 12 90% 66 131 90% 90% 129% 131 4 105 104% 105 Barnsdall 6s 1940, ‘THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, DECEMBER 19, 1928, [ v _BONDS o ] Direct to The Star Office Sales. Hich. Low. Sinclair Crude 5%s. 16 974 97 Sin Pipe Line 5s, 3 %% 9% Close 974 9% 934 103% 102% 106% 101% 103% 102% 106% 101% 96 B9 101 i 1074 100 97 TennElecPow 6s 47. Transcont] Oil 6%s 7 United Drug 5s 53.. 2 U S Rub 18t rf 6s... 4 U S Steelsf Utah Pow & Lt 5s.. Vertientes Sug 7 West Elec §s...... Westn Union s 51. Westn Union 6%s.. Westinghouse 5s. .. Willys-Ov 6%s33., 1 Wilson & Co 1st 6s. 17 103'% Yngstn S&T §s wi. 10 100% RAILROAD. At&SF cvt 4s 05 10 90% Atchison ad) 43, 884 Atchison gen 41 92% Atlantic C L 1st Atlantic C Ll 4 10 Atlantic C L 4148 64 21 Atl & Dan 1st 4s 43, 10 B&OGold 48,0000 49 B&Ocviaks. 11 107% 100 41 110 103 102 102% 100% 8 1 0 8 Y 4 1 2 10 103% 100% 90 88 92Y% 92 90 88 92% 92 90 6% 4% 92 98% 101% 100'% 103% 103% 109 109 934 93% 83% 83l 97% 93 92% 98% 9% 96% 85% 98 100 100 90 102% 96% T 9214 98le 101% 103% Boston & Maine is. Brooklyn klee 6%s. Brooklyn Elev 638 Bklyn Mannat 6s... 32 Can Nat 414530, Can Nat 4%s 57. Canad Pac deb 4s.., Can Pac 4%s 46. Car Clinch & O 5s.. Central of Ga 6s Central Pacific 4s.. Cent Pac 1st 5s 90. Chesa Corp 58 w 1. Ches & Ocv4'g Ches & O gn 4%s Chi & Alton 3s Chi & Alton 313s. . Chi B&Q gen 4s 53. 100 100 99% 103 12 92% | N CB&Q4%s77B.. CB&QII3Ks. CB&QIldivis., Chi&E 111 gn 68 51 Chi Gt West 48 59, CM&StP gn89 7 ChiMilSP&Pacss75. 20 CMSP&Pacadj5s03.151 Chi& NW gen 4s 1 Chi NW 418 2037., 12 97% 97 Chi & NWref 5s.... 1 105% 105% Chi& NW 7s.. 6 102% 102'% Chi RI&Pgnis... 5 Y Chi R1&Prfds... 31 941 94 CRIPac4lsswi., 19 934 93 Chi Union Sta 58 102 102 87TW 8i% 103% 103% 102% 102% 100 100 104% 104% 99% 99% 97% 9% 97!y 9T% 103 103 0% 90% 89 881y 94 93% 845 Bk 95% 95% 103% 103% 80% 9% 105% 105% 110% 110% 112% 112% 67 67 84 97 20 6 15 CCC&StL s D... CCC&StLrfésA. C&S1stds29., Colo & Sou 435, Cuba R R 5s... Del & Hud 7s 30. Den & Rio G en 4 Pen&RioG 418 3 D & Rio G imp 5s. Erie 1st cons 4s. Ertecvt 5s 67 w 1, Erie conv ext 7s. Fla Bast C5s 74, Gr Trunk stdb 6s Grand Trunk 1, Great Nor gen Hav El Ry 5158 51.. Hud & Man aj §s. Hud & Man ref 5 111 Cent 4s 52 1li Cent 4% s 111 Cent Chi 4% 111-C-C-StL&NO Int Rapid Tran bs.. 12 Int Rap Tr 5s stpd. 17 Int Rapid Tran 6s.. 1 Int Kap Trans 7s 15 Int & G Nor 1st 6: Int&GtNor adj Int Ry CA 6% Iowa Cent rf 4s Kan City Ft S 4s Kansas City S 3s. Kansas City 8 5s Kan City Term Lal 108 90% 884 93% 844 95'% 103% 9% 105% 110% 112% 67 83% 97 9l 100 83% 96% 9L 99% 8% 8 8% T8 9 9 100 99 105% 105% 9% 9k 97% 97 1% 1L 925 92% 4% 5% 99% 98% 89% 89% 98 984 95% 954 93% 98% 104 104 L &N 4%s2003... Louils & Nash 5s B. Man Ry 1st 4s 90 Market St 75,40, Mil El Ry & L 5 . M St P&SSM cn 4s. 103% 103% 100% 99% 6% T6% 100% 100 98% 98% 9% 9% 5% b5% 80 M Sti MK MK MK MK & T prin 58 As Mo Pacific gen 45 Mo Pac5s A 65 Mo Fac 6s F 77 Mo Pacific 5s G "78. 21 Nassau El 4s 51. 100%: T6% 100% 985 98% 106% 106% 9 8% 100% 106 101% 101% 90% 90% s | sell from door to door. 4| ity birds, and there were market deal- 7% | selling at 40 and 42 cents. Dealers had *| poultry to offer the retail trade, but PLENTIFUL TURKEY SUPPLY PROMISED Dealers Say Plenty of Birds Will Be on Hand for Holiday. Retailers making purchases of sup- plies this morning continued to make anxious inquiries as to the probable | prices that are likely to prevail in the turkey market later in the weck and the eve of Christmas. They have been assured by wholesalers that there need be no fear as to the supply of the king fowl for the Christmas market, “ealizing prices will depend upon supply, demand and weather conditions. Local dressing plants already have begun operations, wholesalers realizing that shipments of live turkeys will be heavier than usual should the weather conditions continue as during recent days. Complaint is made that many turkeys received this week have been of the thin or undesirable stock, some being too thin for street hucksters to Prepare for Market. ‘This morning wholesalers had coops of live turkeys piled high on sidewalks in front of their places of business, most of them to be killed in their own dressing plants, although in numerous instances, it is stated, sales of live turkeys were made to grocers. Turkey raisers in nearby Maryland and Virginia and States a little more distant today are dressing their tur- keys for the local market or starting shipments of live turkeys, and dealers this morning predicted turkeys will be so plentiful that prices will drop and also that there will be large quanti- ties left over when the market closes Monday night. Many grocers announced the taking of orders for Christmas turkeys at 50 cen's a pound, guaranteeing top qual- ers this morning who predicted a re- tail market below that price, some suggesting that the close of the market will find prices at 45 cents or less. Government, reports from Fort Worth, Tex., told of prices prevailing there Monday. Prices of young toms were re- ported steady at 22 and 23 cents, hens selling at 18 and 20 cents. Old foms were quoted at 15, No. 2s selling as low as 10 and 12': cents. It is now too late to start shipments from Texas to markets in this section, however, shipments from there already being on the way. Live turkeys here were offered at 35 and 37 cents this morning, dressed stock large quantities of chickens and other the demand was only for turkeys. Rab- bits also continued plentiful. in the fruit and vegetable markets, prices continued without much change, and butter, egg and meat prices also were substantially the same as prices quoted yesterday. Today's wholesale prices. prices slightly higher: Butter—One-pound prints, 51a5213; tub, 5014a51%; store packed, 30a35. Eggs—Hennery, 48a50; fresh selected, 43a44; current receipts, 38a40; storage, 32a33. Poultry, alive—Turkeys, 35a37; Spring chickens, 28; Léghorns, 25; fowls, 26; roosters, 19a20; keats, young, 60a80; old, 30. Dressed—Turkeys, 40a4: Spring chickens, 30a32; Leghorns, 28a 30; fowls, 28230; capons, large, 45a48; small, 38a40; ducks, 30a32; keats, young, 80a1.00. Me: fresh killed—Beef, top, 25; medium, 2115a23; common, 17a18; veal, 25a27; lamb, 28; pork loins, 19a21; fresh hams, 20a22; fresh shoulders, 16a 17; smoked shoulders, 17a18; smoked hams, 25a26; bacon, 22; lard, in tins, 12%; in packages, 14a15. :‘L{ve stock—Calves, 16al7; lambs, 13al4. Games—Rabbits, No. 1 grade, 25; No. 2 grade, 15a20. Fruit and Vegetable Review. The daily market report of fruits and vegetables” (compiled by the Market News Bureau of Agricultural Economies) says: Apples—Supplies moderate; demand light, market steady. Boxes—Washing- ton, medium to large size extra fancy Delicious, 3.25; Romes, 2.50; Staymans, 2.50a2.75; Jonathans, 2.00a2.25; bushel baskets, Virginia and Pennsylvania, U. 8. No. 1, 2V, inches up; Grimes best, 1.50; poorer, 1.35; Staymans, 1.50; U. S. No. 1, 2% inches up, mostly around 1.75. Cabbage—Supplies _light; demand light, market steady; New York Danish type, 90-pound sacks, 2.35a2.50; 110- pound sacks, 2.65. Celery—Supplies liberal; demand mod- erate, market steady; California, crates, 6.0026.50; few fancy high as 7.00; some ripe, fair condition, 5.0025.50; Michigan, Jobbers’ There was no scarcity of commodities | Washington Stock Exchange SALES. Wash. Gas 6s A—$1,500 at 10512, ‘Wash. Gas 6s B—$100 at 106%5. Pot. Elec. 515% pfd.—10 at 108%4. Fed. Storage pfd.—7 at 120, 10 at 120. Lanston Monotype—9 at 118'3, 1 at 11814, 10 at 118, 10 at 117%, 30 at 117'%, 10 at 117%%. Mergenthaler Linotype—20 at 104, 10 at 104, 20 at 104, 1 at 104, AFTER CALL. Wash. Gas 55—$500 at 10315, Cap. Tract. 55—$500 at 1037. Cap. Tract Co.—10 at 106, 19 at 106. Pot. Elec. 6s '53—$100 at 107%%. Wash. R. & E. 45—$1,000 at 92, Wash. R. & E. com.—1 at 428. Wash. Gas 6s A—$300 at 104. Wash. Gas 6s B—$500 at 107. Chestnut Farms Dairy pfd.—5 at 106%. Chevy Chase Dairy pfd.—30 at 106%%. Peoples Drug Store pfd.—10 at 127, Merch. Tfr. & Stge. com.—6 at 130, Merch. Tfr. & Stge. pfd.—3 at 108. Riggs Natl. Bk.—2 at 550. Pot. Elec. 515% pfd.—2 at 10814. D. C. Paper pfd.—10 at 88, 15 at 88. UNLISTED DEPARTMENT. Chapin-Sachs 8% pfd.—5 at 107. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Bid Asked. Amer. Tel & Telza. 47 By e 99V, Wasi Wash! Rwy. & Elec. 4s. Wash. Rwy. & Elec. gen. MISCELLANEOUS, Barber & Poss, Inc., Chestnut Farms Dairy 6 Cheyy_Chase Club 5as. . B Park Hotel 51 STOCKS. PUBLIC UTILITY. Amer. Tel. & Telga Capital Traction Co Wardman Wash. Rwy. & Wash. Ry. & NATIONAL BANK. National Capitol . Columbia . Commerctal T 4 National * Metropolitan. T ) TRUST COMPANY. Amer. Sec. & Trusi v Continental Trust. Merchants'_ Bank National Sav. & Trust Union Trust ........ Wash. Loan & “Trust SAVINGS BANK. Bank of Bethesda. Commerce & Savin East Washington Potomac ... Sccurity Sav. Seventh Street United States i Washington Mechanics. . FIRE INSURANCE. American ........... Seun Corcoran Firemen’s National Ui TITLE INSURANC Columbia Title. ... Real Estate Title Title & Inv. Co. of Md. com Wash. Cons. Title pfd.... MISCELLANEQUS. Barber & Ross, Inc., com. Chevy Chase Dairy Pfd.... Chestout Farms Dairy com.. iConsolidation Approved. NEW YORK, December 19 (#).—Di- rectors of Arctic Dairy Products Co. of Detroit have approved consolidation with National Dairy Products Co. of New York. HOLIDAY TRADE GOOD. NEW YORK, December 19 (Special). —Practically all important market cen- ters report this year's Christmas holi- day trade to be exceptionally good, Hardware Age will say tomorrow in its weekly market summary. The Yuletide season finds American workmen well employed and the agricultural districts in a prosperous condition. Large sums of money recently released by the in- creasingly popular Christmas clubs are having their effect upon the hardware trade. Jobbers and manufacturers are taxed to the utmost to fill orders. As the year draws to a close, the in- dications are that 1928 will show a favorable total business when compared with previous years. The outlook for continued good business during the Winter months is encouraging, as the present industrial fabric is sound. Prices are continuing firm and fairly steady. What changes are noted are tending to slight advances. Collections are fair, SPINNING ACTIVITIES. The Census Bureau's report today on cotton spinning activities for November showed active spindle hours for the month totaled 8,524,399,388, or an aver- age of 211 hours per spindle in place. Spinning spindles in place November 30 totaled 35,373,996 of which 30,596,840 were operated some time during the month, compared with 30,315,086 for October this year, and 32,314,114 for November last year. ‘The average number of spindles op- erated during November was 38,232,864. DIVIDENDS. Regular. Pe- Pay- Rate riod. able. $175 .. Dec. 22 50 Q Dec. 31 Hldrs. of Company. record My Dec. 1 Sus rety. $2. Barnet Leath pf... Bliss (€ W 54 Do. 2d pf B. ... Cen & 8 West Utii Cen Union Trust.... 8% Craddock & Terry..31.50 . 1st pt 3 Do. 2d pf et Do. pf C. 53.505-a Dixon (Jos) Gricible. .32 Edison Elec il 3 Empire Trust. .. Fidelity Union Tru: 2 Q Gotham 8ilk Hos pf.$1.75 Q Fe Gt Northern Ry pf's250s-a ] e 1.75 Lord & Tayior 2d pf..3% Marion Steam Shovei.75¢ Do. pf.... . 1% Do. Mid West Ut 7% bt Do. 8% Pf..... National Carbon’ pf Mint St_Joseph Lead Do. Thompson Prod A Treas Hold 7% pf. United Biscuit pf. Viveudou (V) pf... Westmoreland _Coal Will & % @ .8 Baumer C pf..52 @ Am Lace Mfg.... Am Surety...0 .. s o] Empire Trus: Fidelity Unios Title & e S388 2! Sweets Co of A Increased. Lumberman's Ins...3135 @ ;gtltchll T (Yonk).3'3% Q cCallum Hoslory...30¢ .. De Resumed. Elec Househeld Util..31.. Decreased. Madison Sa Grdn.37%c Q Jan. Am Spinning. . Bluemont Mining. Steinite Radio Do. . Do. . E Snaaad I L. Capital Ad Lid pf..11% Q Jan. 1 Dec. 19 “Prhe T'e preserzed is entitled to an addi- tionel 1% dividend in any calendar year be. fore any cash dividend over $6 & share sha FINANCIAL. Commodity Notes Steel. SAN FRANCISCO, December 19.— The iron and steel industry is expand- ing manufacturing facilities on the coast to take care of increasing demand. Profit margins are being enlarged by increased use of by-products. Turkeys. PORTLAND, Oreg.—The turkey mar- ket is sagging, with a record made of birds shipped east from the Willamette Valley. Most birds are being sent on consignment with a 30 to 32 cent a pound guarantee. Co: WILKES-BARRE, Pa.—Shipments of anthracite in the last month have been about 340,000 tons heavier than in the corresponding period of last year. Live Stock. CHICAGO.—Range reports indicate that cattle are going into the Winter in good flesh, although they are thinner than a year ago west of the continental divide. Tobacco. YORK, Pa.—Local manufacturers are waiting with anxiety the result of the hearings on the proposed tariffs on tobacco imports from Sumatra and Java which will be held in° Washington January 23. The cigar makers here declare they are vitally affected. There is a movement on foot for a Federal department of fine arts. ® 16 Money to Loan Secured by first deed of trust on real estate. ailing interest and commission. Joseph I. Weller 558 % § Nw* Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit Life Ins. Co. 1520 K Street Main 475 nnd | Construction Loan Applications Invited at ‘ 5% Glover & Flather 1508 H St. N.W. Main 1753 | e ——————mem = JOHN JOY EDSON, President Organized 1879 Assets.....oeuns $5,513,051.63 Equitable. | Equitable Co-operative Building Assn WALTER S. PRATT, Jr, Secrelary | 49th YEAR COMPLETED Surplus & Profit: $1,601,504.98 Subscription for the 96th Issue of Stock Being Received Invest Your December Funds Systematically in the Equitable. THERE’S no better way to accumulate money than by saving Our systematic plan of sav- ings is being used by thousands of thrifty Washingtonians. Are you o them? Come in and let us expl in the of in. 915 F St. N.W. Interest Financing On Improved Real Estate Nearby Maryland, Virginia nd the District of Columbia At the Lowest Possible Cost 514% For Periods of 3,5 or 10 Years BOSS=HE(PS Realtors Founded 1907 1417 K Street v Loan Correspondent John Hancock Mutusl Life Insurance Co. Dupencwasoniveass s soos smmawesmomasmse sasesapesessemsesssn il Bethlehm Stlpm 55 9 100 100 100 116 116 23 crates, 3.25a3.50; mostly 3.25. UNIQUE JEWELRY Make your savinss 41 Vears’ and surplus funds work for you at Experience in financin the highest inter- ‘est rate consistent homes and in the with absolute suie of these se- satety. curities, Wm. H. Saunders Co., Inc. REALTORS 1433 K LOANS Let us have your applications for ‘LOANS ON REAL ESTATE Immediate Action Courteous Treatment Our record of 35 years speaks for itself. Percy H. Russell Co. 1731 K St. N.W. Investment Suggestions Each month The Equitable pre- pares a list of bond suggestions suitable for business and per- sonal investment needs. This monthly publication sup- plements a Bond List with several features devoted to the interests of Bond buyers. Send for a copy THE EQUITABLE SECURITIES COMPANY ING. A subsidiary of The Equitable Trust Company ~ of New York 917 Fifteenth Street, N. W. 'WASHINGTON, D. C. Cuba Cane 8s, Detroit Edison Gen Mot Ac Cor 6s. | Int Tel&Tel 415 | Phila Co 55 67 w 1. Beth Steel 5%s 53.. 10 101% 101% 101% Bethlehem Steel 6s. 17 104% 1045% 104% Bklyn Union 6%s.. 22 370 360 370 Certain-Td5%srcts 8 85% 81% 85% Chile Copper b: 15 954 95 95% 4 111% 111% 111% 7 99% 99% 904 15 75% 5 T5% 3 106 105% 106 1 5% Toh 5% 2 B 1102 102 2 70 70 5 107% 107% 107% 29 1024 101% 102 5 99% 9915 9915 9 95 941 95 4112 111% 112 13 99% 99% 9915 18 102% 102% 102% .1 106% 106% 106% 11 92% 92% 927 ees 1 BT% 8T% 8T Humble 01l 58 10 100% 100 100% Humble O & R5%s. 12 101% 1¢ Illinois Bell 1st 53.. 46 103% 10315 1031 Illinois Steel 43%s.. 18 99% 97% 994 Indiana Steel 55.... 13 104% 104 Inland St 4%s°78. 20 92k 91% Intl Cement 58 48.. 373 105% 104 Intl Match 65 47.... 40 974 97% Int Mer Marine'6s.. 9 10115 101 Inter Paper 6s.. e 1 Int Tel&Teleg 4% Colon Oil 65 °38. Denver Gas s Dery (D G) 75 Dodge 6s. Duquesne 4%s 67 East Cuba Sug T%s Fisk Rubber 8s. Gen Cable 534547 Hoe & Co 618 33 ‘95 390 112! 110% 1124 Kayser J & Co5%s. 12 130% 130 13013 Kan City P& L 5s.. 9 10: Kan G & E 6552 Laclede 5s... Ligget&Myersisbl. Lorillard 5s. . Loulsv G & E 5s 52, ManatiSug st 7%s. Mid-Con 6125 40 Midvale Steel 5s. Mont Pow 55 43 Mont Power deb Mor's&Co 15t 4% 8 105% 105% 103% 2 101% 101% 101% 6 102% 1024 102% 91 103% 104 97% 97% 105 105 1 99% 99% €9%% 4 102% 102% 1024 3 10 100% 100% 17 87% 87w 874 Nat Tub Ist 5s..... 18 104 103% 103% ewkinglandTel 55. 5 106% 106% 106% NYGELH&P4S 1 94% 94% 94% N Y Tel 4%s. 28 100 99 99% Y Tel 6s41. 8 106% 106% 106'% Y Tel 65 4 o 1 111% 111% 111% N Y State Ry 4%s.. North Am Edisfis.. 3 100% 100% 100% No Am Ed 5%s°63. 22 101's 101% 101% Nor Ohlo Tr & L 6s. 2 102% 102% 1 Nor States Pow 53, 16 100% 100% 100 Nor States Pow 6s5. 2 106% 105% 105% Pacific Gas & El 6s. 11 102% 102 102 2 102 102% 102% 16 104% 104% 104% 4104 104 104 2 104% 104% 104% 17 99% 99 994 5 8% 78 18 11 104% 104% 104% 21 98% 98 98% 52 93% 93 93 13 101% 101 101 .22 94 3% 934% 79 98% 96% 983 Pan-Amer Petefis.. Paramount 65 1947, Pathe Exchange 7s. People s Gas 58.... Philips Petro 5 s. . Por Ric Am Tob 6s. Postal Tel & C 5%s Pressd Steel Car 58 Public Service 4%s 138 163 161% 162% Punta Alegre7s.... 7 92 92 92 RemingtonAr 6832, 2 100% 100% 100% Rem Rnd 6%s war. 32 94% 93% 94% 23 99% 994 99% 5 100% 100% 100% 13 102% 101% 102% T 3 2 23 3 21 113% 113% 98% 98% 88% 88 101% 100% NYW&B4® Norfolk & W cn 4s. Nor Pac 3s 2047, Nortnern Pacific 4: Northern Pacr i Ore Short L rfs 4s. 23 Ore Wash 1st 4s... 12 Pennsyl con 4%s... 36 Pennsyl gen 4%4s. .. 14 Penna RR 4%s'63. 16 Pennsyl gen 58 11 Pennsyl 58 64. 35 Pennsy) 6%s 6 Pennsyl gold 12 Peo & E It 43 40. Pere Marg 1st 5s. Portland EI P L Port RL&PGs 42, 10 Port RLP 6s47... 2 Reading gen 4%8A 4 Rio G Westcl 4s... 6 StLIM&S 4829.... 7 StL IM&S gn 68 31, 2 St L 1M&S R&G 4s. StL&SFpl4sA.. 12 StL &S Fr4%s 8. 10 StL&SF prinbs. 12 St LS W 1st 4s. 2 St LS W con 4s 32, San A & Arn P 4s. Seab A L ref 4s. 5 SeabAL ad) 55 1949. 32 Seab A L con 6s.... 11 SBAlIFla6s35A. 64 Sou Pac 4s 29 Sou Pacelt 48..... Sou Pacific ref 4s. Sou Pac 4%s ret: Sou Ry gen 4s. Sou Ry Con 58, . Sou Ry 6%s. TexArk FS5%s 50, Texas & Pacific 1st. Tex & Pac 58 B 1977 Third Ave ref 4s 60 Third Ave adj 58 Union Pac 1st 4s Union Pac 1st rf 4s. Union Pacific 45 68. Union Pac 4%s 67 Virginia Ry Va Ry & P bs. Wbash 41%s 78 Wabash 1st 5s. ., West Maryland Western Md 5% Western Pacific 6s. West Shore 48 2361. Wheel&LE rf 4%s. WisCengn4sdy... o $35 EXTRA DIVIDEND. CLEVELAND, December 19 (#).~—An extra dividend of $35 a share in ad tion to the annual $4 dividend was de- clared today by the Midwest Refining Co. The checks were dated December 14, Shareholders of the Standard Oil Co. of Indiana will benefit most from the dividend, the Indiana concern own- ing 99, per cent of the Midwest stock. 107% 107% 103 102% 110% 110% 1024 102% 85% 85% 102% 102% 103 102% 98Yy 88% 9% 90y 6L 38% 4% €5 99% 90% 9% 96% 88 109% 109% 1224 122% 104% 104% 109 109 101% 101% 655 65l 62 62 9% 941 89% 59 884 88l % 97 104% 100% 100% 9l 91t 10 102 101% 5 1 9 1 T A plan for broadeasting in the Irish Pree State with one mg:pwer station is o be placed before the government. 4 | 2:0082.25. Lettuce—Supplies of Western stock liberal; demand light, market steady; California, crates, iceberg type, 4-5 doz., fair quality and condition, 3.50a4.00; Arizona, crates, iceberg type, 4-5 doz., soft, poorly headed, 3.0023.25. Southern stock—Supplies light; demand light, market dull; Florida, 1}-bushel ham- pers, big Boston type, fair to ordinary quality, 75a1.25; few 1.50. ‘Onions—Supplies light; demand light, market steady; Michigan and Ohlo 100-pound sacks Yellows, U. S. No. 1, medium to large size, 5.00a5.10; mostly 5.00. Potatoes—Supplies liberal; d moderate, market steady; Michigan, 150-pound sacks Russet Rurals, 8. No. 1, 2.10a2.15; few 2.25; Idaho, 100- pound sacks, Russet Burbanks, U. S. No. 1, 240; Pennsylvania and New York, 150-pound sacks, Round Whites, U. S. No, 1, mostly around 2.00. Spinach—Supplies light; demand light, market steady; Norfolk section, Virginia, veneer barrels, Savoy type, String beans—Supplies light, good stock scarce; demand good for good stock, market about steady; Florida, 7-8 bushel hampers Green Black Valen- tines, 3.00a3.50. Peppers—sSupplies very light; demand moderate, market about steady: Flqrida, 17-8 bushel hampers, fancy, 10.00. Squash — Supplies light; demand moderate, market steady; Florida, pep- per crates Whites, wrapped fancy, 6.00. Cucumbers—Practically no supplies on_market. Peas—Supplics light; demand mod- erate, market steady; California, 40- pound crates, mostly 6.50. ‘Tomatoes—Supplies light; demand moderate, market steady; Florida, sixes, ripes and turning, wrapped, fancy count, 4.50a5.00; few fine quality and condition, 5.5026.00; threes, ripes and turning, wrapped, 2.50a2.75; some fair condition, 2.00. Strawberries—Supplies very light; de- mand light, market dull; Florida, pony | refrigerators, Missionarys, fair condi- tion, 1.00 per quart; pints, 50 cents. Caulifiower—Supplies light; demand moderate, market steady. California, pony crates, 1.75; Long Island, crates, 2.75; some fair quality, 2.00a2.50. Beets—Supplies light; demand light, market steady; Texas, crates, 5.00. Carrots—Supplies light; demand light, market steady; California, Western lettuce, crates, bunched, 3.25. Oranges—Supplies liberal; demand moderate, market steady; Florida, boxes, various varietles, No. 1, medium to l;rze size, 3.50a4.00; small size, 2.50a .00. ‘Tangerines—One-half straps, medium to large size, 3.2533.50; small size, 2.50 43.00. Grapefruit—Supplies liberal; demand light, market steady; Florida, boxes, No. demand 1, medium size, 3.50a4.00; No. 2, me- dium size, 2.50a3.00. Nearly 4,000 girls went from Scot- land to Yarmouth, England, to help: during the present fish-curing season, 1516 CONNECTICUT AVENUE GIFT SEEKERS WILL PROFIT IN A BIG WAY IF THEY EVERYTHING IN THE ORIGI} ATTEND THIS SALE AL J. F. SHAW & CO. STOCK 1S INCLUDED IN THIS REDUCTION SALE AND EVERY PI ‘E CARRIES THE ORIGINAL PRICE TAG, FROM WHICH YOU MAY READILY MAKE YOUR OWN REDUCTION. NORTHWEST. 20% diamonds...pearls...precious stones THAT INDIVIDUAL PIECE OF JEWELRY, THE EXQUISITE GEM YOU HAVE ADMIRED IN THIS STOCK MAY NOW BE PURCHASED AT ONE-FIFTH OF ITS FORMER PRICE. THAT IS THE PENALTY PLLACED UPON US FOR MOVING INTO A ] AT THE CORNER OF CONNECTICUT AVENUE AND Q STREET REDUCTIONS VEW LOCATION SOON 20%