Evening Star Newspaper, December 26, 1928, Page 10

FINANCIAL." Mortgages Investments JAMES Y. PENNEBAKER CAPITAL TRAGTION Received by Private Wire Direct to The Star Office. NEW YORK STOCK EXCHANGE STOCK PRICES GAIN FINANCIAL. Commodity Notes O’FALLON CASE ON COURT CALENDAR FOR JANUARY 2 Special Dispatch to The Star. CLEVE'LAN:; neoe::er 2 Aute e e 2T caie . Kigh. “Low. Close. moblle dealers here look With consld- | of money ‘tha hay coer ot bepam :lr',.bl:l -p?;eh‘znslor{l gn the used car|ihe Supreme Court of the United States uation, view of the fact that most | js now demanding the attention of that of the new cars will have accessories|pody. It is the famous St. Louls & 3 included as standard equipment not|o'Failon valuation case, a fest acti Traders Apparently Disre- | carried by the older models. through which the carriers are going g to the highes - gard High Money; Rate Goes; Steel. termine wi::;xbcrcg:r:xo’t,ntt?:dxexxl;bgt‘:)dd:f to 12 Per Cent. n. High. Low. Close. Open. High. Low. Close. Main 5328 1520K St. N.W. EARNINGS I_UWER Abitibi Power... 35 40% 39 400 |Cuban AmS(1). 16% 16% 16 16 | Man Shirt(2).... Aoitibt Popf(6) 84 8% B4 84% |Cuban Ampf(7). 94 94 94 94 |MaracaiboOil... Abrahm&Straus 104 109% 104 108 |Cuban Dom Sug. 6 6 5% 5% |Marlan Ol . Ab&Strauspf7.. 110 110" 110 110 fCudahy Pkech). 614 1?2‘»‘ ‘fz», L2 “m':iifi'l{f&“m.,' Y i ns Exp(6).. 399 309 399 399 |Curtiss Aero(1). 146% 4 142 2 . Reports Filed for November :g:rr'n:;nflx:::) z 3314 Cushmann pf(7) 126 126 126 126 |Martin-Parry. Adv Rumley. Cushmann pf(8) 110% 110% 110% 110% | Mathieson(6). and Eleven Months—Local | Aav Rumiey .‘if.'.. Cotir-Hamiau) 63 63 63 63 |May Dept (s Securities Steady. Second Trust Notes We will buy your i Second Trust Note if | desirably secured on im- proved property in the PITTSBURGH.—Steel mills resumed | the Interstate Commerce Commission at a fine pace today to meet the demand, |in_determining the value of the rafl- which is undoubtedly stronger than at|roads is correct. A lower court has +| this time last year. Mills are letting | sidestepped that issue, and many of customers come to them, feeling they | the best railroad students feel that the are in a strong position. highest court will do likewise. On ‘BY‘ GEORGE T-s HUGHES. — - January 2 the issue will be argued and Special Dispatch to The ml’n e o ‘Wheat. briefs for both the carriers and the Gov~ NEW YORK, December 26.—Call| qopwies wane wansas wheat con-|€rnment have been submitted. This money touched 12 per cent a quarter | gitions are better than at this time Iast | case will be of far-reaching importance, of an hour before the close of today's | year. The acreage planted has been cut [and if decided favorably for the carriers stock market session. The renewal rate about 300,000 acres, ut the condition |It is believed will result in the greatest had been 9 per cent. Shortly after |of the crop is 7 per cent better. rail market in histary, just as the rails noon the rate was raised to 10 per slumped when the first unfavorable de- cent, to 11 per cent in the last hour, Retail Sales. clsion was announced. Cuyamel Fruit.. 60 60 Femdr B Alr Redetn (13) . Davison Chem. . ! 6o 5T 5T | MANIE I e L -y H Del & Hud(9)... 1-"1vl 7y 12714 | Miami Cop(1)... Alliod Chem. ... 243 = 24615 2425 o e AR gl ol <t 14| Mid-Continent Allis-Chalm(7). 174 175 173 e 2o “how ot s ik . According to the monthly report of | Amerada(2).... 38% 38% 38 Di M (p8) 55 155 165 M District of Columbia. [ the ‘Capitai Traction Co.. filed today | Am Agrioul Chin 20% 2250 204 Do Minen 1), 9% 9% '8 9% LR L | with the Public Utilities Commission, | Am AgriChpf.. 67 7l Drug Inc(4).... 51 115% | Mitier Rubber operating revenues for the month of | Am Bank N(13). 124 124 Dunhill Int (14). 7% 88 | \Minn & St Louls. | November amounted to $354,977.66, in | Am Beet Sugar. 184 184 Dupont (118% ). 4¢ 91 191 | MU P&SSMII(4) | comparison with $367,468.25 in Novem- | Am Bosch . 421 Du Pont deb(6). 118 | Mo Kan & Tex | ber, 1927. Operating expenses required | Am Br Sh(J1.60) 43} Durham Hos pf. 3 3 3 36 | Mo K&Tex pf(7) 102% 102% | $253.059, against $253,285.81 in the cor- | Am Brown Bov., Lpd B Eastman(18) 185 |Missourt Pacific. 627x 62% responding month last year. ; Amnument e AL S Kifon Axlel % 6 61 | Mo Pacific pf(5) 118% 119 and Just before the end to 12 per cent. | PHILADELPHIA. — Philadelphis e N e e . e SR Eisenlohr&Bro. . 90 | Mohwk Car2%. 664 69% otwithstanding, this stringency 1 | wound up the Christmas shopping sea-| ~NEW FREIGHT RECORD. {er reached the sum of $74169.51,|AmCAr&Rdy(6). odia Sl 94 BItingon(2%) ., Montgom Ward. 145% 147% money the market was strong, There|yon with sales far higher than in 1927.| NEw YORK. De | against $83.108.96 a year ago. Follow- | Am C& F pf(7). 116k 1161 1161 Eleo Auto-Lte% Mont Ward(rts) 250 259 55 |was a momentary hesitation when the Noh cember 26 (Special), | ing the deduction of all other expenses | Am c».TJ.»‘izS ). o ;2‘1 fu Blbcteic Dot |+ Moon Motor. 6 6 |rate was raised to 10 per cent around -:\‘nc&wx{);h record for all time was {the traction company reported & total |Am Chicle (2).." 401 404 4o Hrsiiclorerl . Mother L (40¢) . | midday and a little selling at the close.| PQTATO MARKET STEADY. |l in October by the railroads in the | net income for the month of $47,077.81 | Am Drug LU I 4 Elec PELE pf(7) 6v2 106 | Motion Pic Corp. The outstanding feature of the day was nited States in the speed with which /in comparison with the higher figure | Am EncauTil) 82 823, ElecBtoBet(ts), 8 2% 3% | Motor Meter A General Electric. At 210 the stock was| CHICAGO, December 26 (). | freight traffic was handied. The daily | for the same month last year of $56, | AM Lxpress(6). 288 290 : up more than 12 points on the day | (United States Department of Agri- | average movement of each freight car and at the highest for which the pres- | culture). —Potatoes—receipts, 132 cars: | in the first ten months of this year was ent shares ever sold. National Bellas [on track, 224 cars; total United States | also the highest ever attained for any 4 E 3 | Motor Prod(2 115 Am & For Pow.. 73 Em Brantgm(A) 1 2. [1|™he. number_of revenue passengers | AM&FOrP pE(T) 1061 106% 1061 R Ll e e Hess, just under 250, was up more than | shipments Saturdey, 449; Sunday, 19| corresponding period. All this is grati- 30 points. cars; Monday. 370; Tuesday, 57 cars; | fying to holders of railroad securities. BY EDWARD C. STONE. Prompt Attention to Applications | National Mortgage & Investment Corporation 1004 Vermont Ave. N.W. Main 5833 6% NOTES | Am Linseed 186% 186% 186% of 1927. J Am Locomot(8). 103 103% 102% 5 rtos S | Total revenue passengers also showed o o oao 2 112 First Mortgages [a falling oft, the number of fares col- | A Reninn o5 1he 112 lected so far this year being 52,614,162, | against 55,438,569, e S Am Piano.. o 14% 0 144 Local Securities Remain Firm. e Following the triple holiday on the | Am pg" Pagits 401 40 Washington Stock Exchange, business 59 was resumed today, with prices holding steady in rather_quiet trading. In the bond_division, Chesapeake & Potomac Telephone 58 of Virginia figured in a $1,000 turnover at 103. Three small transactions took place in Washington i Gas 65, serles A, at 103%, and 3500 | A7 SaZTiamIs). 674 €T% 674 Safe—Conservativ Make your savings 41 Years’ and surplus funds work for you at Fxperience the highest inter- in financing est rate consistent 10 AN AHEIRE with absolute gyl of these se- safety. curities, 61 Am Metals pf(6) 116 116 Nat Lead(b) ... Nat Ld pf B(6).. Nat Pow&Lt(1). Nat Radfator. .. Nat Ry Mex 2d.. at Supply (18 Nat Tea(4)... Nevada Cop (2). N O Tex&M (7). Am Pow pf(sta) 821, 8215 82w AmPo&Lt pf(6)J 100% 1007 100 Am Radiator(5). 190% 190i» 187 Am Ry Ex(6)... 133 133 133 Am Republies 58% 617 584 Settle Your January Investment Problems Now! OW is the time to determine where you are going to reinvest your January Funds. Thoughtful deliberation, and a decision made in favor of Shannon & Luchs First Mortgage Notes will not only insure you against any loss of income because of 1dleness of your capital—but will assure the safety of your capital, and the income to be derived from it for the next period of in- vestment. We are offering, subject to prior sale, a few selected motes secured by most desirable smaller individual homes and business properties. Issued in denominations of $100, 5250, $500 and 51,000 for a 3-year term—Bearing interest at 6%. Make your reservations mow. HANNON: & LUCH First Mongage (nvestments Telephone: Main 2345 1435 K Street, Northwest Wm.H. Saunders Co., Inc. REALTORS Main 1016 . End-John(5). ... 3 80 | Mullins Mfg. carried during November totaled 4,789,- | AM&For P2d 7. 96% 964 961 Eng PuSer(ml) 47 47% 47 47% | Mullins pt () 059, against 5002586 in November, [ 4™ g’l‘rz!fl”‘- 2% ™ | Eng Pu S pf(5). Munsingwr(3) S 1927. A s (g)~ 3 8% Equit Bldg(2) Murray Corp. 2% 2% Operations for the rise were taken |trading slow, market steady; Wisconsin | However, the point uppermost in the The report also revealed the earnings 2 Erie R R. 69% y 4 t th 1 day about where | Sacked round whites, 85a1.00, fancy | minds of those holders is what the Am Ice(12%) cesee Nash Motrs(16). 1021 1025 100% up af e opening today about where of the company for the first 11 months | /18 DLC6) » Erie 18t pf, o 62 % 62% | Nash & Chat(7). 192 192 192 they were left off Monday and for the | shade higher; Minnesota and North roads will be able to earn over the next of the present year, total met income Eureka V(t%).. 45% 5% 474 | Nat Acmel(sta).. 32% 32% 31% first hour the market was predominant- | Dakota sacked round white, 80a90; | few years. Some official changes in the HajshankeCopt, 18% 19 |NatBellas Hess. 220 216 220 ly strong, although not quite as active | Idaho sacked russets, 1408165 ____ | personnel of the u‘;ld'::sl;:ey Ot merce P X 110% 110 110 |NatBHess pf(7). 117% 118% 117% as in the preceding session. 7 > P T LI 10% 189% 70 | Natl Riscuit(+7) 185 1864 1844 To part: speculstion’ centerediaround | DeAkS & Oliio’ chde; and- he sty af | SIS HEAC s Wilk helanyichanga Fed MotT(f80ey. 19 19% 19 19 |NatCashRegtd 96 96% 94t thiel old favonttes wiidh fi vt mew:mes | i Buprete GOt in (e valtistion | 1 Eheupoey ot hel somilerce ady: 6 176 Fidelity-Phoenx 99 I a Cas s, Lt 14 1] ditnis were sélected): Ationg) the Iatten| Mt Once. (heve uncestuirten: ave | TARs Sre scvarAl Muposcat casom peiie o et Nathi1%), o 126% 129% 126 Air Reduction was prominent, making | €leared away the rails might reasonably | ing before the commission that will P A A a new high as it sold above 93. Tn the | be expected to do better in view of the | have far-reaching effect upon the rail- Fisk Rub 18t pf. a,w: former ciass National Bellas Hess made | 8Tatifying earnings statements now ap- | road situation. The question of valua- Fisk R 1st pf ov. another new top, up over 10 points. pearing. tion is now before the Supreme Court i Flelachian 15% i Money renewed at 9 per cent, the |and the ruling in that case is expected Am Po&Lt A 214 7nn', '7"-; Florsheim (A). Oil Shares Active. banks called $25,000,000 in loans, and | to determine whether or not the . Florsheim pf(6) Standard Oil of New York featured | just after narlm the rate was advanced me!.t;gt::'cetmployed by the commission Folansbee (2).. the ofls with an advance to the highest | to 10 per cent. are e Foundation Co. price touched during the year. The Fox Film A(4).. stock was turned over in enormous vol- Freeport (16%). ume and attracted a large tollowing. In GhbIal b, general, sentiment toward the oils was Gard optimistic, with strength in Sinclair and oni ek e’ W0s5;- PImere RS §2000 | bnentwtoms (v 4 0w e N ZoxkM in Atlantic Refining with others. The ;ge Ssnnm DB; ington Market Col T- | Am Smelting(8) 274 2754 574 Gen Asphalt. . 74 Thw T3 Nyée';":h!') . utilities were in better demand. Elec- 5 mS&RPI(7). 138% 1384 138% Gen Asph pf(5). 114 114% 114 NYC&StL(6). 131% 131% tric Power & Light established a new 1433 K Al Stock trading opened with 5 shares|am snuft pf(6).. 110 110 110 \ » ak at 4 of Chestnut Farms Dairy preferred sell- | Am Stl Raye (o). 693 ‘o1 eois S Al iy ota s ATs BAINY DooK....oe. 614 SE6 R elEnriont St ot ROl ing at 106%, 13 shares of Potomac!am St Fy pe(7). 110% 110% 110t Gen Ci s % 641 SENHEnt (1) 106 X end investment demand. International Electric 5155 preferred moving at 1084 | Am Sugar....., 84 84 83t GenClraratd).. eiu 6i et NTonawestn. 20 . 204 Telephone & Telegraph went. alon ;Fger\rflshmg’fn Rallway & Electric | Am Sugar pf(7). 100 106% 106% Genitienspistey. 1ok Abm To- Norr & Wai1105 1915 191% Standard siocks vere represented by selling a 4. Federal- | Am Su 3 il 4 - A % % 9 ; American Co. preferred sold at 101%s. | am :;;";2;13; 774“ ?;“ .;;‘ (rgen \\,lz‘xlllal A;rzx 69 69 a.vl NorAm bl0%stk 913 91% s 901 g:alnerzul li:leLcsmc'd whl‘:Ch at 200 h;“;xs The only bank stock out today Was|Am Tel & Tel(9) 190t 1925 1901 GenMMGos 01 108, o2t N I B4 | T8 ikie steol hat: Earlenssatied: ‘ae s Riggs National, 20 shares selling at| Am Tobac B(8). 1751, 176 " 17% et ol ol N Sm B 1en 10Tl I il ine bl ol 547 and two 546. After call, Potomac [ Am Type pf(7).. 111~ 111 119% e W NoGermn Lioyd 65 €6 e Lt Unlud | Ch e el s ot Solts cent 'preferied s0ld &t | AmWWARI(cl). 169% €9k 6D GenOuedradcry, 33 NIt 107 00 e e e i b an shares of National Mort- | Am Woolen: 27% 270 269 o N y v v 4 |gage & Investment preferred at 515 | Am Woolen pf.. s01e a0t sonr e AL OO Nor Paccfs(B),« 104 104% 104 R ams Ler e aellgior The list of local stocks now selling ex- | Am Writ Pa etfs 12% 1215 19% Gillette S R(¢6Y, 116% Norwalk Tix Lol il a1y punts iy aa pdlce dividend is by far the longest it has | Am Writ Pa 6 pt 421 43 434 Gimbel Bros.... 48 Doty Cotesg it 4 B e o i i Ll L g o been In many weeks, nearly all the |Am Zinc........ 42 42 375 Gimbl Brpt(1).. 90 Ofl Well Supply. 304 Shioda the figtoe ks Ginerali T stocks on the board being due to pay | Am Zinc pf. 106 106 105 Glidden (t1%).. 35 e L OLECERICIE Bl e Iliie: climsigect (b6 b1t e | dividends in a few days. Anaconda C (6). 111% 113% 109% Gobel (Adolph). L e g o Ghtvslss Bty atids ae Pope Pushes Convention Plans. | Anonoroarypc: e 51 49 o e e A Otls levatr 18, 280 283 2 mand were well balanced in the copper C. H. Pope, vice president of the|Archer-Dan(3).. 102% 102% 102 Goodrich(4) . -+ LUl 36% _36% ] B A o Lual o ate sewe Munsey Trust Co. who was recently |Armour Delpf7. 90% 90% 90% Goodrich pf(7).. 1124 1124 112 CEHSE S RTCT E 110 110 vy m";"b]" e focks Spearedito appotnted general chairman to arrange | Armour INI(A).. 15% 184 13k Goodyear Tire.. 130 135 127% bl (G L R ABon o aean e s sasie . i for the next annual convention of e | Armour IlI(B).. 8 Goodyr 1st 0 0. 1 5 5 erty —apartments, business District Bankers' Association, is giving | Armour Il pf(7) 8L Gomamcrsi ) “otw ‘ot "N Pacine Mie .. 0w 30w O eu nfuencec g of Oreat properties and dwellings and a large amount of thought to the early | Arnoid Con & Co 40 Gould Coupier A 77 PacOli Stubs... 1 1% Soutls Barie Wi Sl sl Tl e - appointment of all the special commit- | Artloom (3)..... Graham-Paige. . 524 50 Packard M t5%. 1504 1524 i wolAU HOR it i Badt Liga® an give them that thorough & tion would benefit the beet sugar and tees. It is presumed that the chairmen | Artloom pf(7) Grhm-Paige cfs. 5 4514 Pan-Am Petrolm i management which will net of these various committees will be | AssoDryG(2%). Granby (6). Pan-Amer Pet B D oy odacrs SENE oW hete named first and that the chairmen will Grand F&W Panhandle. ..... HATDERG e Ol eni pranead then co-operate in the selection of the Grand Unon. . Paramount-F-L Rail Tssues. 'ull commi S, s % 28 Grand Un pf(3). Park & Til($3).. Chairman Pope is naturally anxious | Atl Coast L(110) 1674 1673 167 Grant W T (1).. 115% 116 Park Utali (80¢) . e op e L e AL e to make this year's convention the best [ At Gulf & Wi.. 41% 41% 41% Grt North pf(5). 1087 110% 108% Pathe Ex. . AL e D TR T A | one yet held. He: has been one of the At Gulf pf(3).. 56% 56% 56% Gt Nor pf cfs(5) 106 107% 106 Pathe Ex(A) | oHi T :l!nd lffmesmpem 2 most regular attendants at these gath- | Atlantic Ref(1). 56 58% 564 GtNoOrefs2%. 26% 26% 26% 26% |Patino M(2.92).. | Erie 2 Cw umfl-\'s;’ hdinzslwnl erings and has already served on most | AtlasPowder(4). 103% 106 103% Grt WnSug 2.80. 36% 38 36 Penick & Ford.. 34% 35% 3 ks, Bevave vl Bolh: haex of the leading committees. His experi- | Atlas Pow pf(6). 105 105 105 Grt WnSupf(7) 116 116 116 116 {Penn C&Coke 10% 10% ey bo""’t‘;‘"-d bt st ‘:_h b“cch oy ence will count for a great deal in help- | Atlas Tack... 11 Greene Cana(6) 174% 174'% 170 170% | Penn Dixie Cmt. 207 loubt aboul the decision in the Chesa- ing to plan an unusually strong pro- | Austin-Nich pf.. 33 3 Guantanamo Su. 5 5 5 7215 gram for the business seksions as well | Auto Sales: 24 24 Gulf Mo&Nor.. 504 5% 50% 51k 3% as for the social, golf and other events | Auto Sales 38 © 39% 38 Hacknsk W(1%) 26% 26% 26% Al L e that -round out the four-day gathering. | Bald Loco pf(7). 116% 116% 116% Hack pfA(1%). 238 28 ERIMOEEIRTY s, 8 1R i bl R LS ilioRole) I etk T Phillips Pet (2). 444 447 Tide W O1l pf(5) 96% 96% Bank Votes Dividends and Bonus. [palto & O(8). . 1184 119~ 117 e o N )0 Pierce-Arrow... 20% 29% Timken R B(6). 147% 147% The board of directors of the National | Bank of Com 120 750 750 788 Hartmn B(1.20). 29% T s O s 104 Bank of Washington at a meeting held | Burker pf(61). 92% 92% 92% Hershey Corp. Pierce Oil. 2 2% Tobac Prod A(7) 111% 112% I Organized 1879 49th YEAR COMPLETED | today declared the regular semi-annual | Barnet Leather. 26 26% 26 Hershey pf(4) Hoscomd bl . L v s | Assets et Lo SO dividend of 6 per cent and 1 per cent | Barnsdall A (2). 41% 4l 40% Hollander & Son Eletos Petrg | o Erad (i) - 10 extra op the capital stock of the bank, | Bayuk 1st pf(7). 106 106 Houstqn Oil.... 83% . 834 Pillsbury (12.10) Truscon (£1.20). !Subscriplion ‘or the gsul Issue of Stock Bcinz Re“i'ed —_———— both payable January 2 to stockholders | Beacon Ofl...... 22y 2 Howe Sound(4). Pitts Coal. Twin CityRT (4) Invest Y our December Funds Am Internatl(2) 147 amounting to $563,066.38, compared - l Secured by with $614,202.69 for the first 11 months | o™ LaFr&Foam 7y Management We are equipped to take charge of all kinds of prop- a saving in money and free- dom from worry for th owners. B. F. SAUL CO. Main 2100 925 15th St. Over a Third of a Century’s 4 Ezxperience o ,r" i) ‘II | ,,a‘i i sl g o i g% Property i ) Equitable Co-operative Building . A& JOHN JOY EDSON, Presidlent WALTER S. PRATT, Jr, Secretary | Investment Suggestions Each month The Equitable pre- pares a list of bond suggestions suitable for business ‘and per- sonal investment needs. This menthly publication sup- plements 2 Bond List with several features devoted to the interésts of Bond buyers. of record December 31. Beecn-Nut (3).. Hud Man(2%) Pitts Coal pf 95 Twin City pf(7). In recognition of the faithful service | Belding-Hemwy Hud Man pf(5).. rendered by the employes during the | Belg N R pf(16). Hudson Mot(5). 9 year it was also vofl;d to flve each ’e(tm- ges;]&hcous)..h 5 Hupp Mot(f2).. 76% 77% loye a half month's salary as extra | Be:hlehem Steel % 85 82% Ilinots . Bompensafion. Bioo S‘l:e‘l,plu'l) 122% 124% 122% lndo&%e:u( H) 1;;: l:;g:: 1;2;: The Washington Rapid Transit today | Blumnthi pf(7). 117% 118 117% Indian Refgetfs 275 284 270 filed its monthly report for November | Bon Ami A(4).. 8 83% 82 Indust Rayon... 126 126 126 with the Public Utilities Commission. | Booth Fisheries. 8% &% 8% Ingersoll-R(t6). 118 118 118 Operating revenues for the month | Borden Milk(6). 170 173% 169 Inland S(k16%). 77 b amounted to $47.070.23, compared with | Boston & Maine, 90 90 90 Inspiration((3). 424 $44,166.45 for the same month in 1927, | Botany Milis (A* 14 14 14 InterboroRapTr. 46% an increase of $2,903.78. Briggs MfgFCo. b4 56 53 InterconRubber. 11% Operating income after deduction of | British Emp 1st. 524 32% 32 Internat Agri... 14% expenses and taxes amounted to | Brockwy Mot(1) 69w 69% 69 Int AgCh pf(7). 83 $1,523.50. against a deficit in Novem- ak yn-Man(4).. 70% Tl 0% Intl Bus Ma (c5) 152% THE kilyn-Man pf(8) 88% 88% 881 Int C 3 - ber, 1927, of $1,893.63, which means a datrly A % nt Cement(4).. 93% EQUITABLB gath in operating revenues in November | BKIynUnGas(5). 185 = 183% 185 Int Com Enge2). 68 SECURITIES | this year of $3,624.42. BrownShoe(2%) 46 46 46 Int Harvstr 110, 360 Brown Shoe pf 7. 117 117% 117 Int Harv 123 Revenue passengers carried during | grunswick B(3) 4% 49 ‘ SR - % | Radio-Keith(A) 40 407 COMPANY ING- November amounted to 454,695, against | pruisuick D) - 4% d9% 48 1nt Harv pf(1) 142 1424 80 80 A sabeidiary of SasBe Fn the T e iR muoscyies - hane e dany ol o Dl Equitable T pesy b e affic of 39, Bucyrus ev(2 46% 48 ¢ 54 55% e | fares. B S ek e Int Mer Mar pf.. 381 371 Real Silk pf(7).. 96% 97% Burns Bros(B).. 3 3 3 917 Fifteenth Street, N. W. 5 Int Nickel (3)... 250 252 250 Heard in Financial District. B Int Nicklefs(3) 250 252 250 e TR The annual Christmas party of the | Bush mormchty, “ous 2ony, 220 IntNicklof Can. 42 424 42 Remingtn-Ran WASHINGTON, D. C. party Bush Term(g2). 78% 78% 11% Int Paper(2.40). 584 581 58% SoeL (117 lnfllcefs. directors and employes of the | Butte Cop & Zina 8% 8% 81 Int Paper pf (7). 921 93% 924 Mot (1.70). National Metropolitan Bank was held | Butte & Sup(2). 104 104 9% ] Repl&S(4). ... Monday afternoon. There were gifts | Butterick Co.... 41% 4l 404 IntPapr&PoA. 27la 290 27 Rep Ir & St(rts) T for all and one of the pleasing features | Byer & Co...... 185 185% 180 | was the distribution of the 5 per cent | By-Prod (13%). 96 97 95 PittsFtW pf( 5214 Pitts& WVa(6)., 148 143% Por RicoToA(7). 79% 79% PortoRicoTobB. 37% 38% Postal T&C pf 7. 103 103 Postum(3)..... 69 69 Prairie Oil&Gas. 61% 61% Pressed St Car. 20% 21% PrSt1Carpf(7). 75% 76% Produ & Refinrs. 22% 23 Prophylactic 14. Pub SerNJ 12.40 Pub Serv pt( Pub SE&G pf(6 Pullman Co(4).. 83% 83% Punta Aleg Sug. 19 19% Pure Oil (1).... 26% 26% Purity Bak(3).. 125 127 1 Purity Bak(rts) 3% 5 Radlio Corp..... 369 373 RadioCo pf(3%) 56'% 56! Undwd-El F (4) Un Bag & Paper. Union Carb(§ Syste-matically in the Equitable THERE'S no better way to accumulate money than by saving in the Equitable. Our systematic plan of ings is being used by thousands of thrifty Wa: tonians. Are you one of them? Come in and let us explain. Unlon Tank(5). . Utd Biscult 1.60. Utd Cigar St(1). Utd Cgr St pf(6) Utd Elec Coal. . Utd El Coal(rts) titd Fruit(t53%) US Cast Ir P(2). US CIP 1st 1.20. U S Distributing U S Distrib pf(7) S Hoftman (4). Alcohol(5).. Leather. ... Leathr A(4) Lea pr pf(7) Realty (4).. Rubber..... Kub 1st pf. Rubber (rts) Smelt(3%4). Sm pf(3%). Smé&Ref rts. U S Steel(7).... U S Steel pf(7). U S Tobacco(3). Univ Pipe & Rad Util P&L A(e2). Vanadium (14). Vick Chem(4). Victor Talkg(4). Vietor pr pf(7) Va-Cara Chem.. Vir-CarCh pf(6) Va-Car Ch pf(7) Va Iron Coal&C Vivaudou Co Vulcan Detin Wabash. . .. Wabash pf A(5). Waldorf(1%). Walworth(1.20 Ward C1A(8). Ward Baking B. Ward Bak pf(7). Warner Bros Pic Warner Bros pf. Warner-Qu(2 Warrn Bros (15) Warren F&PIp Web & Heil. . Wesson Ofl (4). Wes O&Sno pf7. W Penn El pf(7) West P Po pf(7) West DairyA(4) Send for a copy 915 F St. N.W. jocgeaeacaac DBupunnnnnnnn APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent suburhs in Montgomery and Prince Georges Counties, Md. 5%2% INTEREST Apply to H. L. RUST COMPANY LOAN CORRESPONDENT The PRUDENTIAL INSURANCE COMPANY OF AMERICA Main 8100 1001 15th St. N.W. 182% 182% Seneca Copper. . 5% 5% Shattuck FG(2). 125% 126% Shell Un(1.40). Shell Un (rts). . Shubert The(5). Simmons Co(3) . SimmsPet(1.60) Sinciair O1l. Skelly O11(2)... Sloss-Shef(6)... 1 Int Papr& PoB. 174 17% 16 IntPapr& PoC. 11% 12% 11% Rev Tob B 100 | = | yearly salary bonus. Charles L. Taylor | . 5 = Ao 5 LO ANS | was master of ceremonies, acting in this e L R e e Richileld O1if2). . e % . e ossja ‘. 3 Int Silver....... 131 131 123 . Brig. Gen. Henry C. Smither, U. 8. A, | Calu & Arin(17). 120% 120% 1160¢ Int Tel & Tel(8) 190% 190% 18814 e | who recently resigned as chief co-ordi- | Calug&Hec (214). 42 42 41% & {pator under the director of the na-|cCan Dry (t4%). 8% B0% T8y Interstate D S.. | tional budget, has joined the staff of | Can Paclfic(10). 285 2351a 234 Intertype(113%). StL & SanF (18) Homes, Apartmen! Island Creek(4). 53% StL&SanF pf(6) s, Api ] devote his full time to the interests of | Case Thr p£(7).. 125 125 SewaliTaa (it W 1% 17 StERSouthwest. 111 Business Properties | the Havoline organization. Cent Alloy(2)... 46% 46% 45% coshey ol o Seysze Arms(3) ‘Thomas H. Gurney, general passenger | Century Rib M.. 20 20 20 2% In agent of Chesapeake & Ohio Railway, | Cerro de Pas(5). 107 107% 105 Jordan Motorsss 145188 8chulte pf(8)... 1154 1154 District of Columbi Jordan Mot(rts) 3 istrict of Columbia manager, efiective January 1 Certo (14),.00r 80 80 80 KanCity South. 87 81 87 Chandler-Clev.. 20% 20% 20% KaufmnDS134. 30 30% 30 an_l Land Values Improving. Chandler-Clpf.. 36% 36% 36! Maryland-Virginia Lessening of the decline in farm land | Ches & Ohio(10) 209 209% 2075 Keith-Albes e .5.10- status of the farm real estate situa- | Chi & Alton 7 Kelly-Spring... 23% 2i% 23% 3-5-10-Year Terms tion, according to the Bureau of Agri- | Chi Great West. S st TR R Prompt Replies cultural Economics. Chi Gt West pf.. Kelly Tire 8%pf 91 fl% fiw Randall H. H &C Farm land values March 1, 1928, |Chi Mil& StP.. sy anaal . rlagner 0 . k gn * | tevel that prevailed in 1917, the bureau | Chi & Nwn(413). 86 873 Mancecuth 3 Amn o D 3600 announced. Reckoned as a percentage | Chi 'ne Tocl(8) 164 166 16415 T ecatur of its 1920 peak, the national average | Chi RI&Pac(S). 13L% 1314 129% . ckasha(3)... 46" 1321 Connecticut Avenue ]| M2rch 1 had come down about a third. - 464 Kraft pf (6%). . Mortgage Loan Correspondent New York Life Insurance Co. 9% 60) 86% 854 money is generally in good supply, and | Chile Copper(3). 694 693 5| EESAERCTE 0k that Interest rates continue Tavorabie, |ChIysler(3). ... 125%; 12 e i i o Int Pa&Po pf(7) 89% 90 89% RhineWE(1.92). | capacity for the eighth time. Callahan Z\ns S 3% 8 1 Int Tel & Telrts 4% 2 0 St Jos Leaa\13). the Indian Refining Co. He intends to | Canon Mills 2.80. 44 44 Johns-Manv(3). 185% 182 Schulte (J8%).. 39% 39% has been appointed passenger traffic | Cortain-teed Pro 261 28% 26% and Nearby 1| Kayser J(5).... 84 84 82% values has brought a more favorable [C& O Corpn(3). 175% 5 Kelth-Al pt().. 1226 12274 122 brought the national average to the | ChiMil & StP pt SRR L B L (Incorporated) The bureau declared first mortgage | Childs(2.40).... 57% 58 South Calif Ed.. South Dairfes A. West Dairy B... South Dairles B. West Maryland. South Pac(6). 126% | West Pacific. South Ry(8).... 2 147 | West Pacific pf.. South Ry pf(5). 99 | West Union(8).. SouRyM&O cfs 4 133% 133% 13 132% | Westhse A B(2). Spang Chalfnt. 49% 49% Westinghse(4). Spicer Mfg..... 46l 49% Westhse 1st(4) . Spiegel Co (3).. 80% 80% Weston Electric. On Improved Std Com To(f1). 32% 32% White Eagle(2). SdG&E (3%). 80% 807 White Mot(1). Real .Esufle StAG&Epf(4). 654 65% WhitRek efs(2). . Std Milling (6).. 134 ~ 140% White Sew Mach 45 3 Nearby Maryland, Virgini 89 - n Std Millg pf(6). 109% 111 White SM pf(4). th’D-‘mi’u of Ccl::ng::-‘ Std O of Cal(t3) 72 728 Willys Ov e1.20. StdOIINJ(T1%). 53% 54% Wilson & Co. At the Lowest Possible Cost " REAL ESTATE NOTES | Secured by First Trusts Financing StdO:NY(1.60). 42% 44% Wilson Copf A. Std Plate Glass. 4% 4% Wilson & Co pf. StdPGlasspf.. 184 18% Woolworth(5).. StdSanPro(1.68) 48 48 Worthn Pump. . Stewart-War(6) 120% 121 Worth Pump(B) Stromberg (3) 86 86 Wright Aero(2). Conservative Appraisals Chosen Locations 6% Interest - Kreuger & Toll.. 38 38% 37 during the past year and there scems | Cluett-Peab(s). . Grote1). 118% 118% 116% to be little likelihood of any marked | Coca-Cola(6). .. 8 WEOEar (anone b ColERIARIOn, Tk GTIN G Laclede Gas(10) 200 200 200 Sossibiity of States ond Tocal evernue | G0l Gas & BIG). 1208 1311 1274 Lambert Co (7). 128 130% 125 s ther than | o) Carbon(4).. 12215 12515 1191 Leh Por Cmt 2% 56'% 56% 65 f,’;";s““]‘}:;f“;‘;’,‘;“L:z‘z‘;’cé’;ed‘fr“"”"" Com Cred(1)... 59% 60% 5714 Lehigh PC pf(7) 108 108 103 Com Crpfi1%). 254 Lehn & Fink(3). 6i% 61l ComORDBIE) . Bbi LifeSav(1.60).. 39 CHICAGO, December 26 (8.—But- | Comm Soly (18) . 22214 2291, Sasy 1 e creamery, extras, 48; standards, 48: |Conde Nast(2).. 80% 804 80 Liq Carb( t43%). 101 extra firsts, 47a47%; firsts, 45846; sec- | Congoleum-Nair 261 267 25% T inai(18), Eggs—Lower; Teceipts, 5138 cases; |CongCers(5).. 81 81 80 Long-Bell(A). .. : Lortllard Co. ... nary firsts, 30a32. ConCigprpf(6%) 97 PgullryvAli\'e. steady; receipts, 3|ConFilmpf(2). 26% 26% 25% Louisiana O : ConsoGaanetey. 90w Louis & Nash(7) 145 Yale&Twne(15). turkeys, 25830; ducks, 34; geese, 21%. ' | ConsolGaspt(E). 99 - Louls Gask 1.5, 88% Yellow Truck... ot 3 y 14 114 Farm_taxes have increased slightly [City StB5% stk 106 = 106 Kress SH(h1%) 114 1 < hts). 1% 1% 14 decrease the next few years. The only | Sollins & Aikmn Kroger (rights) . svstems making something other than | COlumbia Graph 176 71k Lee Tire& Rub. 22 23 21% SR T stpf 6% 102% 10: LehighVal(3%). 95 96% 95 CHICAGO DAIRY MARKET. Comny Tr{¥e). 1 Lig Myers(t5).. ter—Unchanged: receipts, 14.354 tubs: | Com Power(t3). 103 103% 101 Loew’s Inc (13). onds, 43a4415. i extra firsts, 37a38; firsts, 35a36; ordi- | Consol Cgrs (7). 98% lgt;% g;y. Loose-W(1.60).. Studebaker (5) Wrigey ((13%). cars; fowls, 27; Springs, 30; roosters, 20; | Consol Gas(5).. 107 108k msn: LaOilpt(6%). . Consol Textile.. 5% Ludlum St1(2).. 77 9% 10 Young Spring. . 52 Bl B2 5 5 MeAndrews 2.60 47 Youngstn Sh(5). 103% 103% 103 Me Call Corp(ty. 14 Sweet of Am(1). Hourly Sales on N. ¥. Market. MeCrory A(2).. 101% 101% 101% By MUy onsres 10:30 am.. 431,100 12 m. McCrory B(z).. 101 101 100 HymingtonC A 1:30 p.m. 2,541,601 McKeespt Tin Bl 72 72% 71 Telautogh(80¢c). Dividend rates Rt AN Ao SARME McKes&Ro 1.60. 50 Tenn Copper(1). a lm“l.l:’l: ial cash payments McKsn pf A3% ' 60% § Texas Corpn(3). Mack Truck(6). 105 Corpn rts R O Macy Co (2).... 1824 TexasGulfSul(4) 33 0 preferred 0 P Pal x:«:g g;; :‘y; . 2 Tex Pac C & Oll. e e 1417 K Street ok Main 9300 L4 Ti | n Correspondent Mariison & Co Thataner Mrg . 26 358 Wt fared e Eie | | John Hancock Mutusl Life Insurance Co. Mandel(2%). or. 5 The Fair(2.40).. in_stoc ..,:f{ stock. Man Elec Supiy. k™™ & 7 108 aterierly United Clzgar Stores common For Periods of 3,5 or 10 Years BOSSEEPHE(PS Realtors Founded 1907 Container A 1.20 20% Norfolk Southern Income. 4 Container B 6vc. 10 NEW YORK, December 26 (#)—Net | operating income of Norfolk Southern | ont Baking A.. 48% Railroad in Nevember totaled $112,763, Cont Bak yf'l)” 891 EAVER BRO || | against $123.435 in November, 1927. Net | (ont Bak vif)- £5H o D, &f Cvn;ral R:lfl;g:g 22; NerJ(;rS:ivuln c = i .85!: ovember was ,263, agains 2 Y. 1T% REALTORS ||{ 111 in November, 1027. (g..m Pro(13%). }(57)':: | N Coty, Ine (12 3% 809 15th Street N.W. ‘ e Bl Main 9486 Checked Cab Manufacturing Corpor- | Crown Zelrbck 1 23% ation has acquired the Checker Cab|Crucible Sti(5). 85 Sales Corporation and Fisk Discount [ CubaCaneSugar. 4% Corporations, which have handled its'CubaCaneSupf 164 7~ .New Xork bi «Cuba Company.. 22% . 48% The Fair pf(7).. 1 110 110 Man El.m2s(d6), Tidewater AsOll, 21% 21% 214 stock, B