Evening Star Newspaper, December 24, 1928, Page 11

FINANCIAL. i 14 IMESSENGER BOYS |corron s ater ADEPT AS SLEUTHS, FINANCIAL. MONEY QUTLO * SLOWS UPBONDS THE EVENING STAR, WASHINGTON, Cooe o BONDS s ] |IOVANCE I CURS SSUES CONTINUES NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office Low.. 97 92% 98% 100% UNITED STATES, (Saias are in $1.000.) Sales. High. Low. Lib3% . 104 9915 9910 Liblst4%s 11003 1003 1003 Lib 4th 4%s 138 1007 1004 1004 Sales. High. Atlantle CL 4%s64 2 97 1d 4 92% D44 984 100% Close. 97 92% 98Y% 100% 101 Firm Cables snd Near-Month| Liquidation Increase Early Prices, Special Dispatch to The Star. NEW YORK, December 24.—Follow- ing is a list of stocks and bonds traded in on the New York Curb Market today: Close 99 15 'lkeliho‘od of Firmer Rates ' Prevents Large Buying in Leading Issues. ] ] ¥ BY CHARLES F. SPEARE. +tc:nl Dispatch to The Star. NEW YORK, December 24—With mMoney rates pressing down on the market today and likely to be even ‘mer before the end of the week there as no encouragement to buy high- grade issues. Declines of moderate size dceurred, including those in United States Governments and in the legal rails and public utilities. The market was of small proportions and after midday had a holiday aspect. The convertible issues were quieter than they have been and showed ir- regularity in prices. Following the ad- vance in metal stocks the copper con- vertibles were higher. Andes 7s advanc- ed 3 points, selling more than double the figure at which they are to be redeemed in another week. Anaconda Copper 7s were influenced by the divi- dend action on the stock today. Public Service of New Jersey 4!5s gained 11; points. International Tele- phone 4155 lost a point but rallied. Reports of a merger for the cement companies influenced an advance of over a point in International Cement 5s, but did not help the market for North - American Cement 6'-s, which were within a point of their low of | the yvear. A large number of industrial and rail- Toad bonds are currently quoted at the lowest level for 1928. Among the con- spicuously weak industrials the last few | days have been American Ice 5s, Loril- lard 5'ss, Certainteed Porducts 5!ss, Pacific Coast first 5s, Schulco 6!5s, Victor Puel 5s, West Virginia Coal Co. 6s, Consolidated Coal Co. 5, and of the public utilities, Manhattan Elevated second 4s and Haven Electric 5l4s. A score or more of highly rated railroad bonds were selling today under the previous low level established in August. The foreign list was quiet, but with a distinctly heavy mr;e in South Amer- fcan and European issues. It will be mrcsung to follow the course of the market after the first of January and to see whether year-end Jiquidation or high money rates has been the dominant factor in causing the decline this month. PHILIPPINE QUAKE TOLL IS FOUR DEAD Injuries in Disaster Last Wednes- day Placed at 102—$250,000 Property Loss. By the Associated Press. MANILA, December 24.—The toll of US3%s43, 50 98 96 US3%s47. 23 9816 986 US4%ss2. . 11112 1112 1112 FOREIGN. Sales. High. Low. Close. Argentine 6sJusy. 6 100 99% Argentine 6s Oct 50 8 99% 99% Argentine 513862, 5 95 25 Argentine s A..... 7 100 991 Argentine6sB..... 8 100 Australia 4% 51 13 87% Australia 681955... 2 96 Australia Austria7s..... Bank of Chile 6%s. Belgium 6s.... Belgium 6% s Belgium 7s 1955, Belgium 7s 1956. Belzium 7%s. Bolivia 7 Bolivia 8s..... Brazil 61581926 Brazil 61 1927 Brazil Is. Brazil 8s. Bremen State 7s. Canada 5s 1931. Canada 5144 1929... Chile 65 '60. Chile 6561, ... Chile 781943, .... Chinese Gov Ry bs. Colombia 6s Jan'61. 16 88% Con Pow Japan7s.. 1 97% Copenhagen 414853 20 88 88 88 Copennagen 5sct.. 1 9415 94% 94% Czecho 8s 1951 4 109% 109% 109% Czecho 8s 19 7 1097% 109% 109% Denmark 6s 1 104% 104% 104% DEI5%sN 9103 103 103 Dutch East 1 6s47. 5 104 103% 103% El Salvador 8s°45., 11 110 110 110 Finland 7 3 100% 100 100% 6 10413 10413 104% 7 1067 106% 106% 10 1121 112 112 13 106 106 106 1 %98 98 98 3 101% 101 101 8 1004 100 100 1 100% 100% 100% 27 97 96% 96% 1 91% 91% 91% « 34 100% 100 100% 5 99% 99% 99% 1 99 99 99 23 90 89% 89% 1 101'% 101% 101% 100 100% 93% 93% 9615 96l 96% 10 100% 100% 100% 1106 106 106 4108 107% 107% 43 106 106% 106 4115 115 115 2 W 93% 93% 1025 102 102% 11 9% 94 94 9 94% 914 94 7 100% 100% 100% 4 107% 107 107% 3101 101 101 2 100% 100% 100% 2 100% 100% 100% 92 92y 881 88% 9T 974 Ger Am Bank 7s. Ger Gen Elec 7. Lyon 6s... Marseille s, Milan 63s.. Montevideo 7s Netherlands 6s 54. New So Wales 57 New So Wales 58 Nord 6%s... Norway 5s 1 Norway 53s. . Norway 68 1944. Norway 6138 195! Orient Dev deb 6 Paris-Ly-Med 6s. Paris-Ly-Med 7s... Peru 6s 67 wi. 1% 102% 96% 97 2 1024 102% 1024 10215 103 9614 97 10 99% 99% 99% 5 103% 103% 103% 17 90% 90 90 3 101% 101 101 5 107% 107% 107% 4 80 80 80 7 87% 87 87 Poland 8s......... 26 974 96% 96% Porto Alegre8s.... 1105 105 1C5 RhineWst EP 65'52 31 911¢ 89% 91% RhineWst EP6s'53 5 9215 92 92 Rio de Janeiro 6%s. 5 93% 931 9315 Rio de Jan 8s 1946.. 4 106% 106 106 Rio Gr Do Sul 8s 2 105% 105% 1054 Rome 6%s. . 16 91 of 91 Sao Paulo 8s 2 105% 105% 105% Poland 7s (rets) an earthquake and tidal wave last Wednesday at Cotabato capital of the Philippine province of that name, to- day stood at four dead, 102 injured and property damage of about $250,000. The city of Cotabato was said to have been practically destroyed. The quake came during the night, and many houses collapsed. Fire broke out, but it soon was brought under con- Saxon (PW) 7 6 9974 2 98% 93% 98% 2 104% 104% 104% 1102 102 102 3 1025% 102% 102% 3 109% 109% 109% Toho El Pow 7: 1 98% 98% 98% Toklo 5%s1961.... 11 89% 894 89% Swiss 5368 194 Swiss Confed 8: trol. The tidal wave followed, flooding the city and surrounding area. Although the center of the quake was. Teported to have been in the Celebes Sea, many miles from Cotabato, 1t shook the provincial capital violently. Cotabato, 8 seaport with a population of more than 4,000, was practically de- stroyed in 1876 by an eruption of Ma- caturin_Volcano. An earthquake fol- lowed the eruption. CHICAGO LIVE STOCK MARKET CHICAGO, December 24 (#) (United States Department of Agriculture).— ‘Hogs—Receipts, 27,000; market mostly 25240 higher active at advance; top, 9.00 paid for choice 190-260-pound welghts; butchers, medium to choice, 250-300 pounds, 8.65a9.00; 200-250 pounds, 8.6529.00; 160-200 pounds, 8.50a 9.00; 130-160 pounds, 8.00a8.25; pack- ing sows, 7.8528.35; pigs, medium to choice 90-130 pounds, 7.5028.50. Cattle—Receipts, 7,000 head; calves, 2,000; fed steer and yearling ' trade largely 50 higher; stocks more; largely 2 shipper market; supply insufficient to go around; most fat steers, 12.00a14.00; best, . 15,25; slaughter classes, steers, ood and choice, 1,300-1,500 pounds, 3.25a16.25; 1,100-1,300 pounds, 13.25a 16.50; 950-1,100 pounds, 13.00a17.00; common and medium, 850 pounds up, 9.00a13.00; fed, yearlings, good and choice, 750-950 pounds, 12.50a16.25; heifers, good and choice, 850 pounds 3.75; commen and me- 75a10.75; cows, good and choice, common and medium, 6.75a 8.25; low cutter and cutter, 5.50a6.75; bulls, good and choice (beef), 9.25a 11.25; cutter to medium, 7.00a9.25. Sheep—Receipts, 10,000 head; fat Jambs active, 25a50 above Friday; bulk, 14.75a15.15; top, 15.25; yearlings, 12.00a 12.50; .sheep scarce; steady, feeding lambs nominal; lambs, good and choice, 92 pounds down, 13.85a215.35; medium, 12.50a13.85; cull and common, 9.00a 12.50; - ewes, medium to choice, 150 pounds down, 5.50a8.00; cull and com- mon, 2.25a6.00; feeder lambs, good and choice, 13.00a14.25. Sent Suit to Waxen Effigy. Just before his recent visit to this country, Sir Thomas Lipton went to Madame Tussaud’s museum in London, ‘which is famed for its collection of wax effigies of famous men, with the object of inspecting the figure of himself which had just been put on view. Sir ‘Thomas at once took exception to the manner in which the figure was clothed, and the next day he sent one of his cwn yachting suits down to the museum with the request that the fig- ure be put in it, which was promptly done. The manager of the place said tha':r?he new suit fit the dummy to Good-by to the Beggars of Spain. ‘The whining medicants of the Span- ish cities are doomed, for the authori- ties are passing regulations which are dreving them from their places about the churches and institutions where visitors are likely to frequent. These persons were regarded as a great nuis- ance. They heaped blessings upon the heads of those who responded to their appeals and curses upon those who ig- nored them The steps of the cathedrals and all public institutions are being cleared of these undesirables and the paths of the tourist will here after be pleasanter. The beggars w are found to be capable of working will be made to work and others are being placed in suitable institutions. A Map on Her Back. In the scramble for unique designs for woven fabrics the designer has taken inspiration from the atlas. In Paris récently a woman was seen in a pale silk frock covered with a lightly etched design which was a map of the Gay City. Amid the tracery of the boulevards and avenues with their outstanding features—the Louvre, Notre Dame, Arc de Triomphe and so on-——the pale green Beine looped the loop across her back, winding from the city island to the Bois de Boulogne. . A number of front-wheel-drive cars 4 Xere shown at the recent auto show in Pazls, Utd Kingm 5% 829, *-2 118% 118% 118% Utd Kingm 51537, 8 104 103% 103% Utd SteamCopen 6s 6 100 99 100 Uruguay 8s... 29 108 108 108 Yokohama 6s w 1 6 95% 95% 95% MISCELLANEOUS. AhSmit&R1st5s. 5 100% 100% 100% Am Sugar Ref 6s... 5 104 103% 104 AmT&Tcltrds.. 21 99% 99% 994 Am T & T el tr 5. 6 104% 1043% 104% AmT&Ts!5s. 104% 104% Am Tel & Tel 5% 106% 106% Am Water Wks 96% 96% Am Writ Pape! 83% 834 Anaconda 18! % 106 105% Anaconda cv db 180% 182 220 220 92% 92% 904 904 102% 102% 130% 130% 104% 104% 107% 107% 100 100 102 102 4 101% 101% 5 104% 101% 104 % 10% 370 372 103% 103% 8(54!6 8313 9 95% 2 111% 112 % 99 74 99% 5% 105% kid Associated Ofl 6s. Barnsdall 6s 1940, Bell Tel PaSs B Bell Tel Pa 55 C. Bethlehm St1 pm 5s- Beth Steel rf 5s.... Beth Steel 5%s 63.., Bethlehem Steel 6s. Bklyn Edison 5s. . Bkiyn Union 5% Bush Term Bldg 6s. Certain-Td5¥%srcts Chile Copper 5s.... Colon Oil 6s°38.... Col Gas&EI deb 5s. . Con Coal Md 1st 5s. ConGasN Y 5% Cuba Cane 8s. .. Detroit Edison 6. 74 105% ™% 107 102% 98% 100 107 101% Goodyear 5s ret: Hoe & Co 6%s. Humble Ofl 5s Humble O & R 5% Ilitnois Beli 1st 58 Illinois Steel 4% s Inland Stl 4%s'78.. Intl Cement 58 48... 73 110% Intl Match 63 47.... 8 98 Int Mer Marine 6s. Inter Paper 6s. . 29 Int Tel&Tel 4% s will7 11 KayserJ & Co 5% Kan G & E 6s 52 Kelly-Spring 8s Lackawanna Stl §s. Lorillard 58....... Lorillard (P) 7s... ManatiSug st 7%s. Mid-Con 6%s 40 Midvale Steel 58 Mont Pow 5s 43. Mont Power deb 5 Nat Tub 1st 5s..... NewEnglandTel 5s. NYGELH&Pbs PN Y Tel 4%s... N Y Tel 6s41. N Y Tel 65 49. North Am Ex 0 Am Ed 532863, Nor States Pow 5s. Pac T & T 5s 52 Paramount 6s 1 Pathe Exchange 7 | People s Gas bs Phila Co 58 67 w 7 0 1100t 1 90 2 113 1 97% 22 105 1 99% 2 102% 13 1007 20 101% 3 100% 1 104% 23 99% 1 79% 3 1047 100% 100% Postal Tel & C5%s. Pressd Steel Car 538 Public Service 4%s 287 168 RemingtonAr 6532, 1 101 Rem Rnd 5%s war. 6 94 | Sinclair il 6s. 3 99y i!\'nm\:llr Oil 6%s. (3 nelair O1 78....0 nclatr Crude 5%4s. n Pipe Line 5: Skelly Ofl 5%S..... 5 93 Stand Oil N J 55 46. 29 102% Tenri Copper 6s'41. 2 110% Transcont] Oil 6%8 21 102% United Drug 5853.. 13 96% USRublstrss... 9 90 US Rub 7%s 9 101% U S Steel s f 5: 14 107% Utah Pow & Lt bs Vertientes Sug 7s.. West Elec 5s. . Westn [/nfon 58 51, | Westn Union 6%s.. Westinghouse bs. .. Wilson & Co 1st 6s. 5 103% 103y Yngstn SET 5swi. 8 100% 100 RAILROAD. "AlaGtSoud4s1943. 5 93 Atchison adj a Atchison gel 101 93 9% 10015 101% 9: 102% 110% 102 964 90 5 100% 1 97y 1 102% 102% 3 102% 102% 1 110% 110Y 4 103% 103% 100% 93 93 874 . 1 8T 8T 2 6 92% 92% 92% 103% 100 Brooklyn Elev % | Bklyn Mannat 6s. Can Nat 4148 30, Can Nat 4%s 57, Canad Pacdeb ¢s Central Pacific 4s. Cent Pac 1st 5s 9 Chesa Corp 58 w Ches & O gn 448 Chi B&Q gen 4s 5: CB&Q4%sT7B.. Chi&E 111 gn 68 51.., Chi Gt West 4s 59.. ChiMiISP&Pacss5, 4 CMSP&Pacadj5s08.155 Chi NW 4148 2037. Chi& NW 7 Chi Rys 58. ChiR1&P . CRIPac4lswi. Chi Union Sta 58 44 {Chi& W indcn 4 100% 104% 102% Clev Term 5s. . Del & Hud 7s 30 Den & Rio Gen 4s.. D Rio G West DRG & Wst 5s'78 Det United 4%48.... Erie Gen 4s. . Erieconv 4s B. Eriecvt 5s 67 wi, Erie conv ext 7s. Fla East C5s T4, Gr Trunk stdb 6 Great Nor gen 7 Hoeking Val 4%s Hud & Man aj 5s.. Hud & Man ref 5s. 111 Cent 45 53. (1l Cent 435 66 111 Cent Chi 4% 111-C-C-StL&NO 5 Int Rapid Tran 5s. Int Rap Tr 58 stpd.. Int Rapld Tran 6s Int Rap Trans 7s... Int&GtNor adj 6: Int Ry C Am 6s 41, Towa Cent rf 4 Kansas City 8 3s, Lake Shore 4s 31, Lehigh Val cn 4 LehighVal con 4%s Louis & Nash 53%s. Man Ry 1st 4s 90, Market St 78 4 Erm maSonakeas o = e 18- PR o e RAR N N AR EAD IRA DN AN 5% 974% 87 98 105% 68Y% MStP&SSM6% MK & T 1st s M K & T adj bs. MK & T prin 5s Mo Pacific gen 4s... Mo Pac bs A 65. ~Saald 24 Mo Pacific 65 G '78, 12 Mob & Ohio 4%s 77, 4 MontrealTr 5s B 55, 1 NOTex&M 4%s 56, PeSne v aganfovma~nane e~ Ore Wash 1st 4s Pennsyl cow 4% Pennsyl gen 4% Penna R R 4%8'63. 2 © Wl aremameEe Pere Marq 18t 58. .. Portland El P L 6s.. Port RL & P 5s 42, Port RL P 6s47... Reading gen 414 A Rio G West ¢l 4s. RIArk& L 4%s... St L IM&S 4s 29, StL IM&S gn 68 3 St L IM&S R&G 4s. StL&SFplis St P & KCShL 4%s. Seaboard AL 4s sta, SeabAL ad) 5s 1949. Seab A L con 6s.... SBAIIFlaés35 A, Sou Pac clt 4s & Sou Pacific ref 4s... Sou Pac 4%s rets Term Asso S L 4s. Third Ave ref 4s 60. Third Ave adj 5s... Tol Tr L&P 5%s 30. Union Pac !st ds.... Union Pac 1st rf 4s. Union Pacific 4s 68.. Union Pac 4%8 67.. Virginia Ry 1st 6s.. 10 Whash 4%s 78 rcts, 10 Wabash 2d 5s 1 w 98! Western Pacific 5. 199 99 ANACONDA ANNOUNCES DIVIDEND FROM $4 TO $6 NEW YORK, December 24 (#).—Di- rectors of the Anaconda Copper Min- ing Co. today placed the capital stock on a $6 annual basis, against $4 pre- viously, through declaration of a quar- terly dividend of $1.50. The dividend is payable February 18 to stockhold- ers of record January 12, % Public Utilities 14 | Special Dispatch to The Star. NEW YORK, December 24—With gross earnings amounting to $2,370,398 for November, Penn-Ohio Edison Co. shows a gain of $221,193, or 10 per cent, over November, 1927. The balance for common dividends and retirement re- serves was $442,087, making a propor- tionately greater increase of 46 per cent over November, 1927. For the 12 months ending November 30, the system reports $26,610,625 gross and a surplus balance of $3,678,377, gains of 4 and 34 r cent, respectively, over the figures ?:r the preceding year. Southern Indiana Gas & Electric re- ports gross earnings for November of $280,252, contrasted with $258814 in November, 1927, and gross income of $116,388, against $115,019. For the 12 months ended November 30, gross earn- ings were $3,153,831, compared with $3,033,310 in the 12 months preceding; gross income $1,349,803, contrasted with $1,287,394, and balance, after dividends on preferred stock and provision for re- tirement reserve, $412,540, against $268,928. Baltimore Grain Exports. BALTIMORE, December 24 (Special). =—Grain exports for the week included two full cargoes of wheat, the first of several chartered to load here during the Winter. They were the Greek steamer Irene S. Embiricos, with 272,- 806 bushels for Greece, and the Brit- ish steamer Linkmoor, with 175467 bushels for France. The maritime ex- change repom for the week 1,785 bar- rels of “flour and 941,070 bushels of grain were exported. The grain was SI0305 of barieyy 43081 of corn and 833 of barley, 42,857 of corn an 3,236 Of WAl i Prices Are Generally Higher in Trading—Ford Stock in Demand. BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, December 24.—Today's curb market session, coming between the week end suspension of operations {and the Christmas holiday, lacked the . | aggressiveness that has characterized irecent trading. However, it was not without feature and the line of least resistance still lay on the side of ad- vance. ‘The new Ford Motor, Ltd., dominated the trading, advancing to its highest since listing. More than 1,000.000 shares were dealt in Jast week. This reported practically half the amount of the en- tire capitalization involved in the re- cent financing of the issue. The price opened at a new high record of 177% today, with a block of 25,000 shares involved in the initial transaction. It subsequently advanced well across the 18 level, where it compared with last week’s close of 16%4. Public utilities were prominent on the side of advance, notably Electric In- vestors, United Gas & Improvement, PFederal Water Supply A, Electric Power & Light option warrants and United States & Foreign Securities. North- eastern Power was in urgent demand among the low-priced shares. “The oils appeared to be held back by the current heavy output of domestic crude, but this no doubt was warranted by the heavy increase in the demand for gasoline during the past few months. Motor shares generally moved sym- pathetically with Ford, Ltd. and Ford of Canada gained some additional 5 Included among specialties making new highs were Haygart, Atlas Port- land Cement and Douglas Aircraft. WHEAT PRICES SAG IN EARLY DEALINGS Bearish Reports of Big Supplies From the South Depress Prices. By the Associated Press. CHICAGO, December 24.—Persistent bearish reports regarding big supplies of wheat to come from the Southern Hemisphere gave something of a down- ward trend to wheat prices early today. On the other hand, the actual amount of wheat on ocean passage showed de- cided curtailment. Opening unchanged to % lower, wheat declined a little all around. Corn, oats and provisions like- wise were easier, with corn starting un- changed to !4 off, and subsequently undergoing a slight general setback. ‘Today's wheat trade advices centered a good deal an news from below the Equator, where newly harvested wheat now is beginning the main movement to importing countries. In this con- nection the combined surplus available in Argentina and Australia was esti- mated today as aggregating 330,000,000 bushels, compared with 280,000,000 bushels cleared this season from both countries. As against this showing, leaders on the bull side of the wheat market said today that the apparent deadlock which prevailed regarding wheat indicated full recognition of all bearish factors on one hand, and on the other a current idea among professional traders that these bearish factors were too power- ful to allow the market to advance. Meantime European consumers were buying only for immediate needs, and were not accumulating stocks during this period of heavy world shipments. JOHN M. COULTER, 77, EDUCATOR, IS DEAD Hardening of Arteries Fatal to Former President of Univer- sity of Indiana. By the Assoclated Pre: YONKERS, N. Y., December 24— John M. Coulter, former president of the University of Indiana and Lake Forest, Ill, University, died of harden- ing of the arteries yesterday at his home, Glenwood Lodge. He was 77 years old. Since 1925, when he retired fyom the University of Chicago, Prof. Coulter has been engaged in botanical work for the Boyce-Thompson Institute for Plant Research, in Yonkers. Prof. Coulter was born at Ningpo, China, November 20, 1851. He was ‘aduated from Hanover College and idiana University and was made pres- ident of Indiana University in 1891. Two years later he went to Lake Forest University as president, remaining there until 1896. His widow, Mrs. Georgie Coulter; two daughters, Mrs. Ralph Yarnelle, Easton, Pa, and Miss Grace Coulter, Chicago, and a son, Merle Coulter, a professor of botany at the University of Chicago, survive, ‘The body will be sent to Warsaw, Ind, for burial. COL. HUGHI%S, VIRGINIA TOBACCO DEALER, DIES Was Devotee of Fox Hunting and Former Owner of Mecklen- burg Springs Hotel. Special Dispatch to The Star. DANVILLE, Va,, December 24.—Col. ‘W. T. Hughes, one of the founders of the John E. Hughes Tobacco Co., died here yesterday of paralysis. He was 63 years old. In his earlier life he did much to keep alive interest in fox hunting in Pled- mont, Va. He organized the Virginia- Carolina Association and was its presi- dent. At one time he owned the Meck- lenberg Springs Hotel, at Chase City. He leaves a widow, formerly Miss Clara Davis of Norfolk, and two sons, ‘Willlam Hughes and Mirabeau Hughes. TRADING ON PRODUCE EXCHANGE IS LIMITED Special Dispatch to The Star. NEW YORK, December 24.—Prices moved over a comparatively narrow range in the trading in Produce Ex- change securities today, with tradin somewhat limited. Among issues promi- nent in .point of activity were National Aviation and Andes Petroleum. Early in. the session some 40 shares of State Bank were taken at 1,000, It was reported that of the 48 appli- cations now up for admission to mem- bership, 37 represented stock and securi- ty houses. The security market mem- bership now totals 133. o S A Two Japanese lawyers, one an advo- cate sent by the Japanese government to study the British jury system, re. cently sat with the ju in the King’ Sales in INDUSTRIALS. & For Pow w 1Am Com Alco vt 47 Am Cyanamid B.. .. Dept Stores. 1Amer Gas & El ... 18 2 Amer Hawaiian § 3, Amer Mfg . 10 Amer Nat Gas.... 3 Amer Rayon Prod 4 Amer Sm & Ref n 8 Amer States Sec A 58 Am Sta Sec A rts Wi 1Am Sta Sec B rts Wi 5 Amer Sta Sec W 38 Amer Buperp A 4 Bahia Corp 2 Boeing A & T City R & . 30 Gelan Cor Am 6 Celan C Am 1 pfd For R C.. 2 Det _Motorbus. . i Doehler Die C'C. 64 Douglas Afrcraft, Dubilier C & i Fedders M 169 Federal 6 Pigt_del of Co Eng 105 Fox Theaters A . Frank H H Mfg G 4 Freed Eisem R C 10 Freshman Chas Gen Am T 3 Moore Drop_Forg 6 Municipal Serv 1 Neve Drug.. 4 Neve Drug A! 4 Seeman Br 3 Seiberling 2 Seltr Prov Stores. vic 3 Worth Inc A 3 Sales in MINING STOCKS. hundreds. 1 Carnegle Metals 4 T Min Co Ci 20 New Cornelia 25 Newmont Mil 24N J Zinc. oan Ante] 15 Shattuck Denn. 30 Uni Verde.... 10Uni Zine Smelt Sales INDEPENDENT OIL 700 Anglo_Am Ol n vi 5288823 25! SR oncsnsn B 2o gresgnyn IS 3223552025 SERES R 2=e5a. 553 8= PSS 5 ittt 19 1 51% 21} | dium, 4.0026.00, R Ty SRR NEW 2 |Inland , Steel total clrulcy for cooking 1,800 tons of : coal dally. 12 |per cent preferred stock. 3 | truck: from nearby points, few carloads Tes i1 "ANDARD _OIL IHEH Ag;s 3t f a 5;5: "ro’;u A RS ; xs. nounced today declaration of $1 s SE5 B e ] mer _5: ntersta Pow 55 rstate Pow nda) SER 3 02! & “1Qswego Riv Pow 6s. ac G & E 4las E ac Wn Ofl 6'as.. nn Oh Ed 65 A 90980 2] 5 989015 5 GRS R Dt A h 3 Ot 4 5 13 NSRS A e RN A S A BB A S S DB S pe FERE] 1 1 Western Pow 5 k 4 White Bew Mach 65.. 100 Bales FOREIGN BONDS. in thousands. 7 Antwerp City 58 23 Bolivia 18- 3 Indt M_BK Fin 4 Isotta Fraschini 78. 10 Isotta Frasch 178 ww 61tal Superpow 63 Mor Bk Denm 2 Muni Medellin 63t 5 Russ Gov 5'as cfs wi_When issued. n—New. Ww—With warrants. . Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., December 24.— Cattle—Receipts. 150 head; light sup- ply. market steady. Steers, choice, 12.75813.25; good, 11.75812.50; medium, 10.75a11.00; common, 8.50a10.00; feed- ers and stockers, 9.50a11.50. Heifers, choice. 1 1.00; good, 9.50a10.25; medium, 8.75a9.25; common, 7.50a8.50; feeders and stockers, 7.5029.00. Bulls, good to choice, 9.50810.00; fair to good, 8.0029.00; common to_ medium, 6.00a 1.50. Cows, good to choice, 8.50a9.00; fair to good, 7.00a8.00; common to me- Sheep and lambs—Receipts, 800 head; light supply,. market steady. Sheep, 2.0087.00; Jambs, 8.00a15.50. - Hogs—Receipts, 3,200 I >ad; light sup- ply. market higher; lights, 9.60; heavies, 9.40a9.65; medium, 9.75; roughs, 7.00a 8.70; light pigs, 8.00a8.95; pigs, 9.40; Army of Youngsters Trained by Companies for Many 'Emergencies. Spectal Dispatch to The Star. NEW YORK, December 24.—Car- toonists 20 years ago used to depiot the telegraph messenger boy creeping along, reading a dime detective story. Today thousands of messenger boys have become competent detectives and are engaged in hunting down “wanted” persons, not to present them with a warrant for arrest, but with a’ Christ- mas greeting. Hundreds of thousands of these greetings are passing over the lines of the great telegraph and cable sys- tems at this moment and each must be delivered without delay or mistake. The telegraph companies have built up for this purpose a very efficient, re- sourceful army of boys. One concern keeps 15,000 constantly employed. They must be under 18 years of age, except for night work, since a youth over that age cannot stand the wear and tear of legs and energy. Supplemental Service. The telegraph companies not only are transmitting messages from one point to another at top speed, but are giving supplemental service ‘which is inval- uable. The process of “sending a wire” is about as follows: The message is_telephoned to the branch or main office’ ‘or carried in by messenger. Thence it goes to the main operating room either by automatic telegraph equipment or b Morse method or by pneumatic tubes, In a few minutes it is received at the office of the city des- ignated, and goes to the branch office nearest the address of the recipient. A messenger takes it by bicycle, motor cycle, or on foot, or it is telephoned to the addressee. Theoretically if the addressee is not at home or if the address is incorrect, the obligation of the telegraph company might be regarded as discharged, and the sender could be notified that» the message could not be delivered, but no company fails now to make every effort to locate the proper party. The boy with a message for 131 First street may have to'go to 120, 113 or 131, not only on First street but on First avenue, First road or First place. He may have to hunt through a big apartment house with names on only half of the door bells. Busy Day in Street. Such service has grown up in re- sponse to the speeding up of business. This was impressively shown in Wall Street today, the day before the Christ- mas holiday. The wires were crowded with important night letters and urgent messages involving huge sums. Most of these found their way inside the offices of the brokers and bankers long before the offices were opened by the first clerk. More than $250,000,000 has been transmitted by the leading company alone so far this year by telegraph. It is obvious that mistakes not only a* cost! but may be fatal to the custom: Evei effort, therefore, is made to avo mistakes. For example, a mistake made on the Stock Exchange ticker in cne motor stock recently cost dealers thou- sands of dollars and threw the market into confusion. Just because a friend or relative is In another continent this Christmas will not prevent the usual telegraphic greet- ing from being transmitted over cables or over the air. The most recent cable laid permits the transmission of four messages each way at once, and de- liveries in foreign countries, especially Great Britain, France, Germany and Italy, are almost as efficiently executed as in the United States. ¢ . aenem hogs, 15¢ higher than quota- ons. Calves—Receipts? 275 head; light sup- ply, market steady; calves, 5.00a16.50; no extres. Hay and Grain Prices. ‘Wheat—No. 2 red Winter, garlicky, ; December delivery, 1.30% 2 export, December de- No. 2 yellow, 99a1.00; cob corn, 4.75a4.85. Oats—No. 2 white, domestic, spot, ; No. 3 white, domestic, spot, Rye—Nearby, 1.15a1.25. Hay—Receipts, none. While hay is arriving here in limited quantities only, it is more than ample for the demand, which is being supplied mostly by being received. There is not enough business passing to establish prices on the various kinds on merit at a range of 16.00a18.50 per ton of timothy and clover hay. Straw—No. 1 wheat, 11.00a12.00 per ton; No. 1 oat, 12.00a13.00 per ton. o CLAIMS AIR RECORD. in 90-Horsepower Plane, Aloft Over 19 Hours. Hlyer, TULSA, Okla, December 24 (P).— s |After weaving back and forth over Tulsa for 19 hours and 6 minutes, J. M. Decelles, local flying instructor, landed at the municipal airport here yesterday, claiming he had established a record for sustained flight for 80- horsepowered lphnel. Decelles, ‘Y‘ioung a Spartan biplane powered with an OX-5 motor, took off at 4:46 p.m. Saturday. He landed yes- terday morning at 11:53 o’'clock. Affidavits of the flight will be sent to the Government Bureau of Standards for official recognition, members of the Tulsa Chapter of the National Aeronau- tical Association, who observed the flight, said. i SIMPSON IS RETAINED James Simpson, president Marshall Field & Co., was reappointed deputy chairman of Federal Reserve Bank of Chicago at meeting of Faderal Reserve Board in Washington. William -~ A. Heath was named to succeed himself as cl rcm.n of board and Federal Keserve agent. Oven Contract Awarded. YORK, Décember 24 (#).— Co. of Chicago has wwarded to Koppers Co. of Piftsburgh contract for construction of two bat- terfes, of Becker t by-product coke ovens at Indiana Harbor, Ind., with Other Activities. The detective services of the mes- sengers do not end with the transmis- sion of messages. They meet trains and escort strangers to their destinations. They have delivered no small portion of the gifts which will be distributed tonight and Tuesday morning. They are called on to perform such duties as climbing through transoms to let locked-out tenants into their homes and have been known frequently to discover fires, send in alarms, get word of at- tempted suicides to the police and physiclans and save persons from as- phyxiation or drowning. BALBO PARTY ON WAY. Italian Aeronauts Leave Los An- geles After Day of Festivities. LOS ANGELES, December 24 (P).— The Italian aeronautical mission, head- ed by Gen. Italo Balbo, Italian minister of aviation, left here last night by train for San Antonio, Tex., .after a day of | civic and soctal activitles. The prinei-' pal function of the @ay was a public. reception. Hundreds of citizens, both | Italian and American, attended and cheered the Italian visitor. From San Antonio Gen. Balbo ex- pected to go to Floida to inspect the air base at Pensacola, later sailing for New By the Associated Press. NEW YORK, December 24.—Cotton ' opened 2 to 7 points higher in the New | York market today in response to rela- tively firm cables, owing to some near= | month liquidation incident to the cir- ! culation of December notices estimated : at about 8,100 bales. December sold off to 20.27 during the early trading or about 6 points net lower shortly after the opening and later months sagged in sympathy, although they held a | point or two above Saturday's closing ; quotations at the end cf the first half : hour. Private cables reported con- tinental buying, trade calling and cov- : ering in the Liverpool market, but said a holiday feeling prevailed in Man- chester, with only a small business in cloth and yarns. . MARYLAND TOBACCO SALES. BALTIMORE, December 24 (Special). * —Receipts of Maryland leaf tobacco } continues to decrease each week, total- ing only 113 hogsheads last week, but ! sales increased to 228 hogsheads, leav- | ing a stock in State tobacco. ware. continues good for all the better grade: of leaf tobacco and prices are fairly ! well maintained. Quotations today for Maryland leaf tobacco per 100 pounds: Inferior, 6.00a7.00; frosted, 3.00a4.00: ; sound, common and greenish, 8.00 215.00; good, - common, 16.00a25.00; medium, 26.00a40.00; good to fine red, 41.00250.00; fancy, 50.00251.00; sec onds, common to good common, 6.00: 15.00; medium, 16.00a23.00; scconds, goad 1;“ lflne‘ Zl.nll);:.‘ll&.ooz upper coun= ; ry, Burley, nominal; groun ves, * 3.00a25.00. R i Rolling Mill Operations. NEW YORK, December 24 (). — Youngstown district steel ingot and roll- ing mill operations are at 82 per cent : of capacity, against 80 per cent last : week. Republic Iron & Steel Co. is op= | erating its Warren plants at capacity. * . CHICAGO POULTRY PRICES. CHICAGO, December 24 (#).—Poul- try—Alive, steady; receipts, 3 cars; | fowls, 26; Springs, 29a30; rootsers, 20 turkeys, 25a30; ducks, 24; geese, 21} . Tree Parasite Controlled. NEW YORK, December 24 (#).—New * York Cocoa Exchange has received word | from Trinidad that the government has effectjvely controlled the deadly ; witch broom disease, a fungus growth * that attacks the cocoa trees. H Mortgage Loans Applications invited for first trust loans at 5149 INTEREST No appraisal fees Prompt attention W. H. WEST CO0. Founded 1894 1519 K Street Main 9900 Money “for \Eirst Mortgages As quickly as you make your request for a loan for building or refinancing, it will be passed upon; and if granted, the money, to any consistent amount, will be made immedi- ately available. Low Rate® of Interest and Commission B. F. SAUL CO. 925 15th St.—M. 2100 Invest Your Xmas Money to the York. HELD ON CHECK CHARGES. Toronto Police Arrest Man Want- ed in Philadelphia and’ Chicago. TORONTO, Ontario, December 24 (#)—Wwilliam Moore Patch, 40, was under arrest today on three charges, preferred by Philadelphia and Chicago authorities, of passing worthless checks for -$35,000. Patch is confined to a hospital with stomach trouble. Upon recovery he will be taken to the United States by a Philadelphia detective. Plants Prove Poison’s Presence. The presence of plants in the house oftcn proves a guide to.the sanitary conditions existing within the domicile. If a room is so badly ventilated or dark that plants will not thrive in it, it is certainly not a healthy room for human beings. Plants are very sensi- tive and react quickly to any poisonous gases fhat might be in the air. The begonia is regarded as a guide to, health. It was recently demonstrated when a begonia doing decorative service in a dining room was found to wilt in a few days.. Being replaced by a second Rubber Stocks Increase. NEW YORK, December 24. (#).— Rubber stocks in London on Decem- ber 22 totaled 18,740 tons, an increase of 1,072 tons over the previous week. st DIVIDENDS. NEW YORK, December 24 (#).— Pittsburgh, Pa., Steel Co. directors an- d on the common stock, payable January 2 to stock of record December 26. Previous dividend was $1, paid on January 3, 1927. Directors of Pettibone-Mulliken Co. of Chicago have declared an initial quarterly dividend of $1.75 on the 7 BUTTER LOWER TODAY. CHICAGO, December 24 (#).—Butter lower; receipts, 16,876 tubs; creamery, extras, 48; stamndards, 48; extra firsts, B lower, Tigelia, 6410 cases; extss T 5 ; extra firsts, «m:’;’inu. 37a39; ordinary firsts, 30835, one, the same thing resulted, and it was suggested that there must be some- thing wrong, a leakdge of gas perhaps. An investigation being made, a tiny gas leak was discovered under the floor. ‘The volume of gas was not sufficient to be detected by smell, and yet it was great enough to have an immediate action upon the plants. . Movies and “Squawkies.” ‘There are many persons who are quite successful as movie actors who are very lacking in the art of commit- ting a part to memory. It appears that when they- give their attention to the action they forget their words. al the other way and these per- sons, being fearful of losing their places in the movie world, speak very -con- temptuously of the “talkies.” To show their disgust they refer to them as the “squawkies.” Money Order Service Set Up. BUENOS AIRES, December 24 (#).— The Argentine post office department has established service whereby- postal money orders up to the sum of $100 may be exchanged between in this country and those in the United States, S y* Best Advantage Guaranty First Mort- Bonds. on fee simple properties in Washington and -sub- urbs offer an opportu- nity for safe and very ?urnfi‘lbk ln'utm:i onthly payment you desire. Denominations of $250 upward Send for our booklet “The Success Plan.” REALESTATE MORTGAGE & GUARANTY CoRPORATION Capital Resources $ 3,400,000 24 JACKSON PLACE B T T T e R 6% 6% Over a Third of a Century's Ezxperience —and when todoit "Your property will always be maintained in good con- dition under our manage- ° ment. Our over a third of a century’s experience makes our judgment in such mat- ters dependable. B. F. SAUL.CO..; - Main 2100 925 15th St .. -