Evening Star Newspaper, January 9, 1929, Page 10

. 10 ¥ . FINANCIAL THE EVENING STAR. WASHINGTON, D. C. WEDNESDAY. JANUARY 9, 1929. FINANCTAEL. BANKERS TO HEAR NEW YORK STOCK EXCHANGE | |STOCKS INRALLY: [P O Rmeron res| ™ ™™ mmoms g ggromof ™ 2o 2 oF Recelved by Private Wire Direct to The Star Office. Spectal Dispatch to The Star. National Bank of Washlnglon CLARENDON, Va., January 9.—Dr. In the Distri s Prank T Stoge, president, and ail other n the District of Columbia, at the close of business on December 31, 1928. Open. High. Low. cxou,’ Open. High. Low Close. Open. High Low. Close. officers and directors of the Clarendon RESOURCES. 5 Abitibi Power... 42 43% 42 424 /Cutir-Ham(3%) 631 6213 627 | Mathieson(6)... 178 17815 175 178 Trust Co. were re-elected at the annual | 1 yoane and discounts e . : H 2215 120% 12 7,160,678.11 Abranm&Stra 144% 151'%s 144% 151% | Cuyamel Fruit.. 63 64% 63 64% | Mathieson pf(7) 122% 122'4 122% 122'3 meeting of stockholders of the institu-| 3° Querdrafts $7.160, - w01, " . 3 cessen 349.19 Adams Millis(2) 32 32% 32 32 | b, yison Chem. . 6415 63% ) . tion here last night. The other officers | 3 United States Gio R Board Authority | Amumada eag. 3t °40 ‘0 0| Debankmactai) 132‘: R R T Motor Group Prominent inibt ine bosrd: Givde e mond, Arst| 4 Qther bonds, stocke, and securities owned. . i s s eserve Board Authority Is R e 5 8 W | EEER ISR h O e 0 : ) ; first| 6. Banking house, $445.000.00; furniture and fixtures, $86,616.06 531.616.06 el 30° 710" ‘e mu|DeNLewil e . Melville Sh 1.10. 6% vice president; Peter J. Latterner. sec- | 7’ Rea] estate owned other than banking house © 17915605 § b y : ¢ 9 69 ¢ : ; . |ond vice president; T. E. Scbrell, Jr..| g Reeerve it 829, Coming Here—Bank Stocks [aiaska Junea... s 10 812 9% Dairoie Ears). .. 22 5 zas | MACEE Cos oo L 1 | Operations for Rise—COp- |fccretary.(reasurer: . H. Plegott, as. | 5 Heterve with Federal Reserve Bank (Slosss . . ) N D Bh iz ups |MALGUIBTEAE) S 25 (o 5 Go Forward ;‘:::‘r‘:l“:‘;::s':{ ‘gfl_egg:;le:r;“‘ Jessg: 110, Outside checks and other cash items. 2o "19,553.83 Quite Active Today. Allis.Chalm{i}. 180 187 150 187 | DrooehR lst(T). | Mexican Seai . S 61 3 ¢ pers Go . Bl Dk Do . & Coatey, | 11 Redemplion fund with U. 8. Treasiter and due from U. 8. il - D 1 4aee 5 A e £ aa b g , 8. He 3 . 3 ), a BY EDWARD C. STONE. Am Agricul Chm 21 21 DOISS & Atian, s 8% % a%| Mid-Contprd), 12 BY GEORGE T. HUGHES. ‘Ashton C. Jones, C'C. Lamond, Peter Am Agri Ch pf.. Dunhill Int ($4) 7 PO S { Special Dispatch to The Star. J. Latterner, Arthur C. McMilien, J. K $12,620,144.87 v : H . 25 i . , | Mid States ctfs. w4 5 S e o e | pan A Rl a #1 Midland ptctiz) 245 24 NEW YORK, January 9.—Sharp ad- | Thomas Manning B. J. Massey, J, E: Beders) Resarve act willinddress Wash= ! A Biisch. 420 2 3% | Dug Lt 15052 ve :':'-”"&Rs"ht"" 4 4| vances characterized trading on the|ier T E. Sebrell, ir.; C. C. Smith, Frank | 15. Capital stock paid in . $1,050,000.00 ington bankers at the January meeting, | Am Br Sh(J1.60) 46% 47% 462 46| - 2 183 > | MStPASSM 114 3 % Stock Exchange today. The improve- | T. Stone, Dr. R, N. Sutton and Dr. W. |16. Surplus ... 1,050,000.00 40755 hald ab dhe Wi BiowaBov. % 161 15% 16 | Enstmanct8)... MStP&SSM li(4) 63 T & C. Welburn. Stockholders expressed | 17- Undivided profits—net 118,946.69 Willard, President < . Am Brown Bo pt 52 52 52 |EatonAxle(d). 3% | Mo Kan & Tex. . 51% | ment was partly at the expense of the (G, WERKTR. SHOCKAOEES Brb e | 18, Reserves for dividends. .. 73,500.00 Fleming of the Di . AmCan (14).... 117 118% 1164 117 |Eisenlohr&Bro.. 508 A05QfiMD R Tex pELTISLIER. 10343 | short Interest, but there was a certain | pIECHLES 2 BEG THC O R T onduieted | 20. Circulating notes outstanding 691,900.00 ict Bankers' Asso- {7 = AmCar&Fdy(6). 102 1031 102 103 senlohr pf(7). 9 9 Missour: Pacific. 66% 6 66 7 |amount of new buying also. Coppers, | b FELEL 1 f the year. 21. Due to banks, including certified and cashi 453,480.94 trict Bankers Asso. 4 Am Chicle (2).. 47'% 48 47' 47%|Biungon(zi).. 9 9 | MoPacifie pf(5). 1 2214 1224 | motors, varlous _Industrial ' speciaities |and the business of the vear. =~ 12, Demand deposits 4,583,636 83 the date from the } B [ Am Chicle(rts). 1u 1% 1 1| Eitinenpf6i). 110% 1117 | Monwk Car 23 . 7t and some of the rails participated | o CRCNGEE B Or Cherrydale held | 23. Time deposits 3503,174.11 St e Am Drug (60c). 10' 103 10t 10% | Elec Auto-Lt4ls 1374 1 37'a | Montgom Ward. 140'; > 143% | Southern Rallway was the leader In the | People’s State Bank of Cherrydale held | 98 B JEhe? 11000,000.08 e Am EncauTil(3) 83 83 83 83 | Hlectric Boat 24 12 L = v Isst-namied ik TR AMEOWER TUO Ing ali officers and directers; who are |31. Other liabilities. .2 " 549730 T, = : i Am Expres L 295 296l 295 296! B 4 Mother L ( e ooh § larger than on the day before, but s b ¢ ke PREISE sk ey ettt Ll : Am&ForP pf(7) 1064 107 106% 107 | ElecStoBat(fs). 864 6% s newed at 7 per cent, but dropped to 6 |y n N LG vice resident; A, B, RS e e = AmEForP2a7. 98 981 98l 9§ | Eik Horn ; e ; 2. |per cent in the afternoon. Honts, cashier; W. F. Robey, assistant | City of Washington. District of Columbia, ss: st s ) Am Home Pr(3) 175's 75% 75'2 75lgi End-John(s).... 9 A & 4 Traders were impressed by the way o " ng manager of the Ballston 1. J. FRANK WHITE, cashier of the above-named bank, do solemnly swear Y Eng Pu Ser(m1) 5 Mull'ns Mfz . 9 vl had resisted yes- # v serve Boar i e e e g eumibt o6 - Mullins pt (7). 102 10: : ‘t:r;‘";‘,ihsmfn:“‘;;fi,m‘a o ting out | branch: J. H. White, assistant cashier | that the above statement is true to the best of my knowledge and belef. o o 4 3255 3215 351 85161 Sl . ; : and manager of the Arlington branch; J. FRANK WHITE, Cashier. fé;d":flni l"lh "1‘2 B Am LaFr&Foam 8% 84 & 8% :‘«?iue"p. B;'xd““' 3: 3 3 "‘""“ Corp. '}°‘ 1% % | real liquidation on ‘*{e ldec“"e hf“‘i Clarence 1 Ahalt, Samuel F. Cooper, Subscribed and sworn to before me this 8th day of January, 1929, G Am Locomot(8). 110% 112 1103 111 | - 5 4 . bt | Nash Motrs(16). 103t 1054 10314 demonstrated the market was A. B. Honts, T. H. Jones, A. L. Kelley. (Seal.) SALVADOR J. COSIMANO, Notary Public. of the act as it wasfg Am Locopf(7).. 115 115 115 115 |Erlelstpt. : : Nash & Chat(7). 189% 1893 much stronger technical position than " finally passed Dy A Machine (15% 177 177 177 177 |Eureka Vit Nat Acmelsta).. 297 T sppoeed. Ge ils ownigie DR NG J 1 MESEEE J S e A 7 d | S May, Mrs. Ruby Lee Minar, E. W. CLARENCE F. NORMENT, CLARENCE F. NORMENT, JR. Congress. He is Am Metals(3).. 64 65% 64 647 | Fatrbanks(3)... 45 Nat Bellas Hess. 207 22 orders were predominantly on the buy- | gty YHton"Rila D, R. Rose, J. L. GEO. I. STARKEY, FRANK R. JELLEFF. » mow professor Of Georee W. White. | Am Plano. . 13 13 18 FairbankMpf(7) 110/ 110% 110% NEne I e o 9714 | ing_side and prices responded ac-|gioomiiler, E, M. Shreve, B. A. This- JAS. TRIMBLE, JOHN M. BEAVERS, ' bia Tnivecstty aniiedltor/otithe Sournal | AF B i Bikis.. vote eon ok [ Feduighich ah) i Netcatanerte ote cordingly. sell, Glegge Thomas and Frank W. Up- GEO. P. SACKS, P. J. WALSHE, e ojany e ASMDREET | ATerenT | ey e e e 1 - e 1% Credit Situation. man, directors. G. W. FORSBERG, RICHARD E. PAIRO, - 3 | 2 2 100'3 100'5 | Fed MotT(f80c). 19% 19'5 b Nat Dairy (33). 127% 2 i he time being there was not so = = MAX FISCHER, ARTHUR MAY, known as an author than educaor. =~ | Am Radiator(s) 2024 202'4 200 202~ Fidelity-Phoenx 10315 103 Nat Distillers... 38t 3 3 38| For the time being thiere waS ot s E. C. BRANDENBURG, MORRIS E. MARLOW, AT Lo e e DTS s 60| First NarS(13%) 684 63h 63 et bixate (e 60 70 Al wea 'm0 longer neard sbout any| ROCKVILLE BANK ELECTS. ODELL S. SMITH, JOHN SCRIVENER, resent money situation S - Am Sa Az 1) T0%, 71 sk Rubber.... 6 B 5 Nat Enamlg (1). 607 g 6 vas 21 ~ o > Riscuss the outlook. His views at this [ Am Seating(3).. 34 34% 1 Fleischman 13 % g Nat Leadeb).... 158 158l immediate rise in the rediscount rate,| ROOKVILLE, Md., January 9 (Spe- CHAS. SCHAFER, Directors, time are sure o be of sur{rmlfi:‘al;rl‘éolto Am Sm&Ref(4). 94 T 4 Florsheim pf(6) 99 o9 5“};1"'!;;;‘6‘)“ Tt g;‘g’k:’"‘? h]‘(’\l;;‘w""‘:‘;’él:x‘;::‘t"‘ ‘;‘:;"‘:; cial).—Stockholders of the Montgom- all bankers, The progrem for the meet- | Am Stl Fdys(3). 6% 56 Folansbee ( 6415 53 « [ NatLd p . : s 8 ery County National Bank of Rockville ing is in charge of W. W. Spaid. Am Sugar... 833 8B4 84 | Foundation C 3 3 Nat Pow&Lt(1). 43 454 43 5 afternoon would show a decrease. ¢ | held their annual meeting here yester- Re: District No. 8, Miiak Siink IOFFanes. Am Sugar pf(7). 107% 107% 107% 107'3 | Kox Film A(4) 947, 4 e Nat Radiator... 15'2 15% 15 Call money renewed at 7 per cent| i afternoon and re-elected directors, REPORT OF CONDITION serve et No. 5. Metropolitan b o Am Sumat (n3). 54 54 54 Frank-S pf(7).. Nat Ry Mex 2d.. 3 3l 3 and was in supply at that rate. as follows: Dr. Robert W. Vinson, ? to The directors of the National Metro- | Am Tel & Ca(5). 18'a 181 18% Freeport (1615). 5 i | Nat Supply(18). 133 ,138 133 136 | Motor stocks did better under the|wijian’ T Griffith, George M. Hunter, of the politan Bank met carly this afternoon | Am Tel & Tel(8) 193t 19415 1: 4| Fuller pr pf(6). 3 3 3" | NaSupply pED) 1151 % 115 1'-aderm|¥‘ of stuz::gaker‘ tthe SPONSOrs | Mercer Jones, Dr. J. Thomas Kelly, Lee | MT ERNON SAVIN S BANK d for the coming year by | Am Tobacco(8). 175 177 1 6 56 s | NALTeatd) ... 560 3 for which expressed great confidence, . Dr. Benjamin C. Perry, Judge w ‘; o o the folloging omers: Am Tobac B(8), 176 177% 176 177% oo ek g 3 Nevada Cop (2). 42 +|and of Chryster and General Motors S B e hies Samnh Rer - George W. White, president; O. H. P.| Am Tob pf(6)... 120% 120% 120% 120% | ;. T & N Y Alr Bri3).. 3 i The last named gained 2 points in Otho H. W. Talbott, Hattan A. Waters Johnson, vice president: A. A. Hoehling, | An TyveFord). 1 130" 1o 138 1o S T N ¥ Centralib).. 156% 150 383 early trading. Hupp was well supported | and Charles L. Watkins. The directors Of Washingtory | DO,y atiths closel f usicas: o Decambers 31510366 Vice president and general counsel: [Am Typepf(7).. 108 108 108 108 AL, N SNy C (6). 1363 36's | just above the preceding close, and | re-elected George M. Hunter, president: Erederick De C. Faust, trust officer: K. aRitcl). g 0 68 10 ionle b i : N ESatvr). 108 1097 1097 105 there was no weakness anywhere in the | Lee Offutt, vice president; 'George F. || 1 Loans and discounts 1$2.100,123.91 cort Ssis st HE st pf 99 9 9. 9% ! Gan 6 . 89 < . g 8 1t st. son, ; J. Gardner Darby, ' = T B o et . B Bright | Am Woolen-.... 23t 26 285 g |Gon CADIeA(r). 82h 83 gy | N T & Harim(6) 336 336 33 *The coppers moved_ahead briskly. | bicistant cashier: J. Paul Brunett, as- || 3 Querdrafts .. e A H. Bedford and C. L. Eckloff, as- | Am Woolenpf.. 511z 35% 51's 55% | ompiree cor 800y’ E i i o3 Kennecott, above 158, was up 4 sistant cashier; Mrs. Charles A. Beard, || 3+ Onited States Government securities owne o e sistant cashiers. AT 3% 4% 39% 1% Gen GREIB(2) 77 ko ol 2% 114 115% | oints and Anaconda, above 120, nearly | Reuben Riggs. Mrs. Lottie Goldsboro || & purniture and fixtures 48/204.82 ALFUVHI(iEas Ebten. ol the iran oty T CRE B 1085 1225 108w 10w | Gen Gas pt B 10915 343 | N Y Railways pt e R | oD BRI Gt " Real estate owned other than banking house .... 268,217.40 the Metrgpr;‘hl:m' Bagk roirt I:xbou.t s, . sha eewdlue Seh] GenanInis),. i8¢ N Y Stm pr(6) ;flfl sl.sa:dgnnn:i::és Gt N et s . Cash and due (rog: h:nlu i e s;g,gg}’.oa years, ant as played a vital part in = sl » 4 22" | Gen Mills pf (6 99 99 99 9 N V o) et E b % . Outside checks and other cash items g .20 {he institution's steady growth. The |Anchor pe (61:). 119 ° 119 119" 119 [ Gen Yoo R'e5) 196, ; 9 e el 94 191 191 |0 G Cerro de Pasco were higher.| WINCHESTER BANKS GROW S e e directors did not fill the position cf au-|Andes Copr75c. 50% 51 = 4974 50%| Gan Mot (New). 78% 82 NOEERATHEE). 8 : Among the industrials the features in- | WINCHESTER, Va., January 9 (Spe- sl s ditoc Heft vacant by J. ‘Gales Moore, oo DA T LKL LOM Geoutamaae) ] an s NorAm Ed pti7) 1024 102 e ‘flmfemfi e Total .$4,230,400.10 who recently retired because of his age. | Arch- 7)c 114 114 4 {Gen Ry Sig(5).. 99% No G Liaya ‘6 . Natfonal Bellas Hess, | dented were made Priczs Steady en D. C. Exchange i::‘é‘d:fifl:i’ ";l-:' ?‘1: 5}'—," ?‘5\ Gen Refrac(s).. 75 i Bors Vecisy. 3 Union Carbide and Car- | Winchester banking institutions holding ey Froad on the Washe | Armour LII(B).: &1s ot ot gt | Glllette S R(e5). 119% 12 : Nov Pasifa(b) 4 faberelal] Co A CR R S sk ,meeu:%smlzsét;gagfi;g; . Capital stock paid in ... réing was Lroad on the Wash- o D 9% 9% OWiGimbelbros.... 43k 3 434 | Nor . a Columbia Graphophone. | cording to reviews s : . Surplus ingto Stock Exchange today, bank ::n"“:';fc“”g‘c” . 82% | Gimbl Br pf(7). "8 B 8 \:,..',‘1':;,",1;;' 6% 61s 6 > | “Assoclated Dry Goods was another |of three of the largest banks, the only . Undivided Drofits—net . ..... 878 stocks drawing considerable attention. Anloo:)m &"' 0 E ;"‘“- Glidden (11%). 3 3 o f : favorite. In this case the buying was ' ones holding elections. Altogether, ther . Reserves for dividends, contingencies, ete . 66715.64 Ten chaves of Federal-American Na-|RTHOOM(S-r-- B8, 29 28 294 Gobel (Adolbh). 01 b connected with reports of some im- | tvo national and five State banks o . Reserves for interest, taxes and other expenses accrued tional cold at 340. Riggs National sold AssoDryG(2%). 67 'G.‘”"' Gold Dust (new) 7 5 e 0""“(“"]" o) L portant development in the affairs of | Winchester and Frederick County = ti and unpaid ...... £ 2l v 9 b D oodrich pf(7). 113 3 E . 8 utstanding . 2 ,463. o s Archison(10) 197 199% 197 199Y% | ¢, Otis Steel...... 3 Amusement Issues Strong. jal dividends declared sold at 51715, After call, 11 shares of 5 4| Goodyear Tire. . 1313 creased and special divide . Demand deposits . 1,156,260.17 v Atch T&SFerts 1% 1 1% . Otis Stl pr pf(7) 102 2 2 k. Elections were /362,789 National Bank of Washington changed " - e Goodyr 1st pf(7) 103 103! e s Amusement stocks were strong as & |on the capital stock. ections wel . Time deposits . . 2,362.780.98 hands at 313, ~ele R U L 76% 778 | OWens Bot (c4). group. Fox Film A and Loew's stood | held by the Shenandoah Valley Na- || 31’ Other liabilities . L 326198 Bonds, which were so popular yes- | At Gt e Wi arn ‘3'87' “4"{7' 103% | Gotham n v 323 6945 racific Gas(2).. 55 alout. The latter gained more than 4| tional, the Farmers & Merchants’ Na- et terd~r, were quite active again today. | At Guif pri3).. S0t sou sorr son | Gould Coupler A 94y Pacific Mills. 5 31 points. Paramount Famous did better, | tional and Commercial & Savings IO <o evsgondas assaseusatssnscnons YBIANOTH Washingion Gas 5s figured in a 31,000 | Atlantic 'Pe!(l') 62»,: s 521. 64 “ ! Graham-Paige. . 5 50% 3 | Pac O1i Stubs, % 3 1% but was not so actively bought as the | Banks. No changes were made in their gty e sale at 1027,. Washington Railway & jan Rer’»fu 2 1170 117%‘ u7 » 17 Grhm-Paige cf: 47 Pac Tel & Tel(7) 161 other: th directorates. Other banks elect later. District of Columbia, City of Washington, ss: Electric 4s sold at 91 in a $1.000 turn- | ;jasPowder(4). 106% 109 106% 10‘6&. Granby (6) 8744 854 Packard M 1t5%. 5l 140% 5| Railroad shares were quiet, but the —_— - 1, ROBERT T. HIGHFIELD, cashier of the above-named bank, do 5 Ao over. Washington Railway & Electric -~ = 28%, s | Pan-Am Petroim W 'z | important changes were on the side of | . ion. solemnly swear that the a General 6 moved at 102 and 10212, | Ausomcicnes, 3 O % 95, | Grand Un prid). 52% 531 | PAD-Amer Pet B advance. New York Central was the| Hyattsville Bank Election y bove statement is true to the best of my knowledge 8% | G P 2 5 4 5 b- g || and belief. Capital Traction stock sold today at N - Grant W.T (1).. 118 Panhandle...... 2 1274 | Jeader. Pere Marquette gained sul HYATTSVILLE, Md., January (Seal. e e, oo Siock S today s usunciNioh pt. 39 404 3% 40% | Grt Norcn pr (). 109 109% 109% | Paramount-F-L 59 59% 587 stantially and Chicago & Northwestern | (Special).—All directors were re-elected | s s ok i b Dy E;,“.,’,Gm' i preferred at 108% and 10815, and Wash- | Autostrap A e S =loriNorinEelas) 6% 106% Park & Ti1(33). . responded moderately to an optimistic | at"the annual meeting of the share- A ERANDEI b A ey, 1929, ington Railway & Electric preferred at D) > ML WL Sl 8L G NoDrereRl. 28 281s| Park Utah(80e). 12 123 12 12 |statement by the president of the road.) holders of the First National Bank of || Gorrect—Attest: : g Ty . 991, Four shares of Peoples Drug|B2ld Locopf(7). 118% 118% 118% 1184 | Grt Wn Sug 2.80 3 3% Pathe Ex.. 3% w13 Hyattsville held yesterday. They are A. O. WHARTON, WM. H. JOHNSTON, Stores preferred came out at 133%. Balto & O(6)... 121% 122% 120% 122% |Grt Wn Su pf(7) 118 Pathe EX(A).... 2 High. Low. Close. | Dr. H. J. Patterson, Charles H. Welsh, R. GOLDEN DONALDSON, C. H. WOODWARD, " Fifiy shares of Natiqusl Unlon Fire |} SNRE RIS EORI08K 108 1081 Sudete Canath) aTo 178 L7z asis | DRLOMURAS) : 6% 36% | 1 oo Corpn(3). £4on 6b% 64 65 | William P. Magruder, Charles W. Clag- JAMES H. BADEN, . FRANK W, - Insurance Co. stock changed hands at|Sans& Arii). 681 €81 68l 68l | Guantanamo Su. 4% 4% e MDtor. S TesCopn Tt 3% a% | ett, Joseph W. Aman, Arthur Carr, FRED HEWITT, B. L. RINEHART, 2515\ and 100 shares of National Mort- | Batnsast A (2). 19% 4ok aom o] Sulf Stat SU). fiidy EHERL R TexasGulSul(4) 7 e e o E. C. DAVISON, W Diréctors g " al . T 45% % | Ha v " @ ’enic] Pr(7). George H. nhare - 2 gage & Investment preferred at 5%. /parnsganl B (2). 46 40 44 40 |HACKWDL(L%). 28k 20 284 29 pann CaCoke... A T e % Gude” All officers also were re-elected, Foreign Issues Compared. Bayuk Cgrs (2). 109% 109% 109% 109% | taremn 8120y, 3978 3 26% | Penn DixieCmt. 25 FL ey e : as follows: Dr. Patterson, president: Foreign securities issued in the United | B2YUK 1StDf(7) 105 105 105 105 | Helme Geo(11). 4 Pa Dix Ct pf(7). Thatcher Mtg. 3 | Mr. Welsh, first vice president: William States during 1928 totaled $1,426,487,- | 5e3CONOIl...... 28% 28% 24 25 | yursney Corp. .. Penn RR(3%).. 7 Thatchr pf 3.6/ t « | P. Magruder, second vice president;| Charter No. 3625. Reserve District No. 5. 580, being exceeded only by the foreign | Beeca-Nut (3).. 95 = 9702 95 974 Hershey pt(4) 3 6 Bl 101 1 5 | The Fair(2.40) . C. J. Parkinson, cashier, and F. C. Lit- REPORT OF CONDITION issues offered in 1927, amounting to | Belding-Hemwy 12i: 126 124 12% | Holng Fur 2% 43 5 ;m M prior(s). Yo 970 9TV 1o § R(3.60) tle, assistant cashier. oBiha $1,502,505,760, according to the Com- |perp B Co@dec 81 87 81 87 Homestake(17). 5 | etaun s 437 | rdewater ASOII e y A 3 [ L) A op | ! . . T otes Sered during the last half of e R R Houston OlL. v, 9375 93 o 93 |EoiaaRCAL: 500 5 | Taewairotioe 347 2 BT TS Columbia National Bank 1928 totaled $379,000,000, lowest for any | Bloomnnaca'ess+ 447 4% 44 41| Howe Sound(4). 3 53% | bnfl Morris(l) . 1 ] Tide W O11 pf(5) 96% 96 PARIS, January 9 (P)—Prices fluc. corresponding period since first half of Blumnthl pf(7). 117 117 117 117 | Hud Man(24%).. hil Morris(1).. Timken R B(6). tuated feverishly on the bourse today | Of Washington, in the District of Columbia, at the close of business on 1924 period. “The decrease s attributed | BOOth Fisherles. 9% '10% ~ 9% 104 | f1ua Man pf(5).. & ¢ s | Enillips Pet (2). Tobac Prod (8). 9 owing to the political situation. December 31, 1928. 1o high level of interest rates in this | boosh Fish 1st.. 55% 50k 554 565% | Hudson Mot(5). 83 EISICS Aiow .. Transcont Oil... 113 4 Three per cent rentes, 66 francs 70 ey S Borden Milk(6). 178 180% 176% 180 Prerce-Artow pt Transue & W(1) ? centimes. Five per cent loan, 95 francs RESOURCES country. In the first half 1928 foreign | gogton & Maine. 101% 101% 1015 101% | LUPP Mot(f2).. 778 7 Pierce Oil. . 28, 1 4 2m | 5 2% | Briggs MfgFCo. 57'» 60% 567 394 | 1linols Cen(7).. 141% Pierce Ol pf. EEico LRomIzaD 008 124 1. Loans and discounts Z .$3,312,542.93 % 71.32 10,030.05 iones Towmlcn more Shan SLOV0D0RIN. Twin CityRT(4) Exchange on London francs of which nearly two-thirds were brought | prockwy Mot(4) 681 69% 68!s 69y | 1nd O & Gas (2). 3214 34 p Pierce Petrolm, . 5% Wimeany . at | 2. Overdrafts ....... out in the second quarter. Bklyn-Man(4).. 76 77 76 76 | Indian Mot (1), : 57 |Pillsbury(t2.10) 5 Undwd-El F (4) 92 % o2y |3 centimes, The dollar was quoted &t 3 o iiC iR Eietes Governiment sccurities owned 11 46049275 Peoples Drug Sales in 1928. gklyfl‘sl:‘m pf(6; 901 90 90k 90% ::g:-u fi:r’lmnl;r. 2 F T 3 :{ll-béy r;uflhl 6 5 5 Un Ba%& EIID“ 35 COMR R e Other bonds, stocks and securities owned ....... c.oo.. 565,015.00 ; i foMUBNGA(S%) 48 48 45 M6 an Refgcifs 29 o 3¢ sCoal...... Bl% 83 Union Carbi(8).. 20 2 — Banking house. $169,091.82: furniture and fixtures, $35,888.41.... 204.980.2: Sales of Peoples’ Drug Stores, Inc., of Reserve with Federal Reserve Bank ..... :mmwg Brunswick R(3) 52t 53% b2 53! | INBersoll-R(16) 1 3 2 2 Pitts Term Coal. 33 3 3 Union Oil (rts). Corporation of Cincinnati in 1928 in- Cash and due from banks HA . 533475 against $8,142,241 in 1927. 397 Inlana S Pitts Ter 78% o 2 24 2 Po! it . oeen . . ,475.63 tributed * Christmas bonuses totaling | gucyTustile oo 9% 4 394 dote | 00O D0 G 53 5lia Sute| POrtRICOTGbE. 4l% 44% Uth Cigar St(1). i M GHNE AT NI TYchiert i e i e e ey oS $412788, compared with $372,109 inipufhc'Broa(B). 34% 34% 395 83| InterconRubber, . o 12| Postumay..... 6 7To4 75%, Utd Elec Coal. . 1 681 .:;fip:fisg'asgsg‘.,‘;.,gfi' gt g ¢ < <ees 12500.00 1027. Of the 1928 distribution. $379.- ( BurneBros pe(7) 104 104 104 104 | Intl Bus Ma (c5) 1517 5 % | Prairie Oil&Gas. 60% 61% 6 Utd Fruit(t5%) % 141% S - :;: tZen!t“w store employes and $32.- | Burroughs(t4). 243 243 243 243 |0t Cement(4).. 2 Pressed Stl Car. 22 221, | US CastIr P(2). 4 k44 Reserve District No. 5. (Z ice emp cyes. Bush Term(g2). 77 ™% 77 771 | 10t Com Enge2), 2 Pr Stl Car pf(7). 4 US CIP 1st 1.20. % 4 REPORT OF CONDITION Schulte Retail Stores Corporation has | g/ Copw Zing 9 9 9 9 |Int Harv t23%. “ 96 4 14 | Produ & Refinrs, 2 2 3 | U'S Hoffman(4). of the declared the regular quarterly dividends | 5o £ Qunc2). 10% 10% 10% 3y | Producers&R pf. 2 42 U S Alcohol (5) ) 5 D rt tal Bank 3 . 250,000 of 87! cents in cash on the cOMMON | ;.\ eriok Co 39 39 39% Prophylactic t4 511 6 2 33 33% ICIIREREIE TIEt Surpls - and 1 of 1 per cent in common stock | pocl e 178 18%% 197 182% 4 4 4 P+ | Pub SerNJ t2.40 83 8 1 Of Washington. in the District of Columbia, | 15 RS “roeerre: - oot . 400,000.00 on the common, both payable March 1 By-Prod (131 . i 2| Int Mer Mar pf gl Pub Serv pf(6) - at the close of busine December 31, 1928. 18, R fp ivid . i <.. 14580465 to stock of record February 15. y-Prod (13%). 112 114% 112 114% = ! . . Reserves for dividends, contingencies, etc. 7,500.00 Int Niekliof ¢ 4 Pub S N. 4 2 82 RESOURCES. e q R nectias | OF e Doak mulitors | caut Baskes) 6% 1% 6 P l::;;c‘;:;zt:: s 360 5 ; P:ui:n"cvaf::))' 6 5 ] . 32 - TP naarld ’w‘_.‘"’:_u . Reserves for interest, taxes and other expenses accrued and ; - ; naid ;i : . 265000 section of the District Bankers' Asso- |CallahanZino... 314 3u 3 3 |inipasroAZdl. 28 . Pure Otl (1) : : Seraral urna 50000 . o, - 2 2 . . % 9 . United St 20. Circulating notes outstanding . e 246,745.00 clation, which was to have been held | Calu & Ariz(17). 124 = 127% 124 124% R, 67 2t OF 0%k d States Government s> o o0 ; / D 2467450 tomorrow night, has been postponed | CalukHec (215). 45% 46% 45% 46% | 1o pabr& PoC. sl I 2 - {iier bonds.stocks and s 21. Due to banks, including certified and cashiers checks outstanding _595,375.38 Int Pap &Pw rts. Purity Bak(3).. 1347 3 627 6 3 A i . Demand deposits . 5 until January 17, J. Dann Faber an-|CanDry (t43%). 78% 79 18 78% : 5 % QUL v 19731808 1 rok - 2.711,837.19 nounced today. Can Pacific(10). 238% 242 2375 240 | {nt P& Lk 2% 80 3 | Radiacomeie s St A P Eniture * ena * Bt FIHEIGETCR e, - 1056.568.03 e Canon Mills 2.80. 46'a 47% 46': 47% Ry = 9% e % 5 i * 27.399.98 ... .. 3 ——— Other Financial Notes. e e oA ws“.}::ll(s)“(‘:&rns). 7 % 9% Radio (new).... 731 ¥ 5 :;::t"'l"'"‘z”' o % 162 . Cash and dite from banks .. 3 cercececrsasesesss . 95,440,330 i p 3 gl | Radio-Keith(A) eel pi . | 10. Outside ~checks and other The malority of chain stores report- | Cen AguirreAs. 38 38% 37% 38% | |0t Tey & Tel(6) ‘ Y U 8 Tobacco(3). £ bt v v year. y Stores | Cerro de Pas(5). 105% 4 105% 107 3 7 6 2).. % ;i 2 s % 3 Corporaticn reports sales in the month | Certan-teed Pro 274 273 2T 2714 | [Miermiate DS 3 Real Silk Hos... 59 62 al PioapLiy: 1004 1000 101% At e T St (o ier of, the sbave-named: bank, do/smleninly éwear of December of $7,215,955, as compared | a 7 B0 80 80 | ertype(tlis). &0 30 Reis(R)& Co 3 lEeE a0 4 5 $106.040.00 e best of my knowledge and belief. with $6,857,307 in the 1927 period. FOr | Certo (14).. 7 79 70 |!sland Creek(4). 5as Remingtn-Rand. %3 . s 4l% 18" Surplus . 30.000.00 A.N. MITCHELL, the 12 months aggregate sales Were | nandier-Clev 21% 214 21% |Jewel Tea (15).. » Reo Mot (11.70). 2915 297, | Vanadium (14).. 967 101% 96V i Nesstves. foc. mumnegs: ‘fasay o Cashier. $41,103,418, altzn‘n;st $39,336,101 in 1927, | Crandler-Cipf.. 37 35 37 38 |JewelTea (rs.. $ 0 | :S:?:nél’zdfl:). g ::ar;lt}:al(c.; o F 2 .:3 o‘m;r“edxnenm aceried e Subscribed and sworn to before me this 7th day of January, 1929. an increase of 4.5 per cent. Ches & Olio(10) 216% 216% 216% 216'; | Johns-Manv(s). 581y | ey s Spne; » E : ick Chem(4)... . Y o LEr x4 o . (Seal.) J. HA The Stable Money Association an-|(goOCorpni3). 82w 8% 82% & |Jones& Lau(7), 121 121 121 121 |Rey TobA t61,. 90 14 Victor Talkg(4). 5 - Due to banks. inciuding cer- b il ar nounced yesterday that Myron T. Her- | Chi& Alton..... 12 12 Joirdan Motor... 13 3% % | Rey Tob B 1615, 5 Vietor pr pf(7).. 112 3 2 3 s i 2.853.47 | Gorrect—Attest: » Tick, Ambassador to France and chair- | Chi & Alton f.. 17% 1T% 17% | ganCity South. 93% 93% 93% 93u | HrumeWE(Lyz). i 58 Va-Caro Chem.. 19} 4 B Pie deporne = o ks HARRY BLAKE, man of the board of the Society for|ChiGreat West. 20y 3 19% T lt‘chflelld OHcEys ‘V’_lr-LnC_h pr(6) 59 [ RIile. nusabic FORN JO¥ EDEON. GEORGE M. LEIMBACH, Savings of Cleveland, has accepted ap- | Cn! Gt West pf.. 46% T 46% Kayser J(5) y SORBIN ne 16%. 2. va-Car Ch pf(7) P r:un(x i 00 1 NN 3 JOSEPH H. MILANS, pointment as an honorary vice presi- | Chi Mil & St P.. 347 35 Bl 4 L‘“”}.‘i“,‘:‘»’)' 4 48% #8% | Vivaudou Co. . Other liabilities 2, Am&%‘r%-')s}m' g}i&:ms.s;gllfl. Jr., t s 8 ) . 2 3 oyal D(ad.222). b4 4 RTRTIXTE - L L YKER. dent of the association. Chi Mil & SIPpf 58% 58% Keith-Al p£(7).. Wabash.. 7 Total ..... coees 31,387,713 ERNEST C. GUY, JOHN N. SWARTZELL, The Miller Train Cov'rol Co. an-|Chi&Nwn(4%). 7% 884 87% Kelly-Sprin oy 214 | Sateway (3).... Wabash pf A(5). = i nounced yesterday the signing of con- | Cin Ri&Pacis). 131% 133% 13132 1334 | Kelly Tire 05 i o oalSidos Leaa 13). 65% 657 g3v | Waldorf(1%)... 25% 25 2 e O SRIIOR: piesident of the above- DAVIDIJS EAURNEAN, tracts for the installation of traffic-|CR1& P pf(8). 100% 100% 1004 100%s | kots Hayonte) % 500 SUL & SanF(18). x Walworth(1.20) naied_bank, do solmenly swear that the regulation systems in Upper Derby, Pa.; [CR1&P pf(7). 107 107 107 107 < . 5 StL&SanF pf(6) Ward Cl A(8)... above statement is true to the best of my West_Philagelphia, Everett, Pa.; Staun- | Cni el Cab(3)-. 3% 33% 31% 32 | manmeosts Gy, B * | StL&Southwest. 5% | Ward Baking B. ‘ KHeY R AN DOl e ton, Va., and Danville, Iil. Chickasha(3)... 48 s 48 ey (@R, 5 5 StL Swn pt (5 b % | Ward Bak pf(7). & 06| i President. | | Childs(2.40) 6% 58% 56% 8% | Kinney pr(8). : v, | Suvage Arms(3 5 Warner Bros Pie 95123 | ubscribed and sworn to before me this | | FIRST MORTGAGES Chile Copper 2 gk Bne L e s Schulte (J3%).. Warner Bros pt. seal) ° T*"BEARLE P, cRAMZR. . CHESAPEAKE BAY BRIDGE |ERDSITey g 155 (257 1225 120 | rattrnoctidy! goit o gon g : L S 308 10| Mty commission exvires Ocioner 13, 5. BIDS TOBE'OPENED SOON | Slustemearin . 0% 1L 110, 10 | Kreas SH(HI%) : - Warcen F&Pipe. 31 5 314 32 orrect—AUESL snory ¢ 4 Y1 ~ Washington totaled $11.348 645 in 1928, | B:0Wn Shoe p{7. 118% 119 1154 119 Indust Rayon. 3 3 2 P.tts Coal 94 UIn O11 Cali2)... Sales of Kroger Grocery & Baking | Lt ot of o ot o -$5,440,330.25 Special Dispatch to The Star. Coca-Cola(6)... 168% 165% 168% 168% | 1 . Jin 38 ) Sears-Roe(32%4) 172 2% 176% | WebdHell pf(7) BALTIMORE, January 9—Bids for | Collias & Alkinn 55 55 ° 54t "54% SE iy Seneca Copper.. 6t 6 g% | Wesson Ofl (4). . 2 SRR R ToHARDS bridge across the Chesapeake Bay will Col (E-’IH& Elth). 139 139 139 l(lg',’d Lflml?ll'l Co (7). ‘s 132% | Y% | Shell Un(1.40), 2 2 2814 \‘\: Penn hil A(7). 105 Reserve District No. 5. be opened on January 12 in the offices | CO! G&E PfA(6) 107 1073 107% 107% | Lee Tire & Rub. % Shell Un (rts). 5 W Penn El pf(7) 109% 4 4 REPORT ol f WlTH MONEY When the plans were sent out to con- | Col Carbon t41¢. 130 13215 130 131% | Lehigh PC pf(7) ) ) Simmons Co(3). r West P’ Po pf(7) 115 L 3 Park Savmgs Bank tractors throughout the country it was |Lom Cred(1) 58 567 Lehn & Fink(3). 2 ‘s | SimmsPet(1.60) 2215 > 21% 2 West Maryland. 3 Of Washington, in the District of Columbia . bids by January 8. Due to the holidays, | Com C1Istpf 63 1021 103 1024 1021 | Lig Myers(15).. 9 Sinclair pfi8). : . | West Union(8).. 1 313 185% 185% e s —‘fmd without effort or worry. however, the bridge officials decided to | Com Inv Tr(34). 4 1 1;7‘,. 1491, | L1z & Myrs B 15 9 9 Skelly O11(2) 35% 85 3 Westhse A B(2). 3 1 Lo o s2537.070 11 When you buv one of our hich | C 2815 2 ) Snider Packg Co 3 Westhse 1st(4). 13 36 13 3 5 The plans for the structure, which | Comm Solv (§8). 22815 23414 Liq Carb( t4%). ) Sni ackk ) 3 st ) a # o | Com Power(13). 110'; 113 169% 1 Loew's Inc (13). 9 Suider Pkg pt... 36 Westhse El rts. . 4 will run frem a point south of the C ] 20 e “ Lo g ‘ o Ric's Whte Kaxien ) 315,230,358 6:)/o FIRST MORTGAGES County, to a point near Tolchester, in | Consoleum-Nair 30% 303 300 30% | Loft. ... * | Soutivts = E v S = i R N /4 ‘ Kent County. have been approved by | Cong Crs (5).. 801 8213 8015 g214 | LODE-Bell(A)... 32! 2SI Sou DA B s L ’ BGIT e 12150200 —you are putting money to > ~ 2588 2 S H v n cieens 21,382.51 3 5 “ ) " ssion. The financial set- | Conley T N1 Lortilard Co st e sMptce). ; Cash and due-t 3 13.075.85 1 work at “sure pay. .’};‘,’“Sf.f?n“fi'?’;i‘u”sn be approved by the f-..',;‘ffiv.l:‘“.'.:“"_};,' e e | Loutstana Oil. spang Chalfnt, 4 13| Willys Ov e1.20, 3 % 33 I ek anomnke . IR A Third pay . s Louls GasA 1.76. 377 Y Spicer Mfg Wilson & Co pf, 65! " 4 . Other assets 63.15 . struction can begin. SowsolGashIiE). 90 90 90 99U | yiouisy GRiris. “ 1% | Spiegel Co (3). : Woolworth(3).. ? Total . ... 93,682,501.48 Century A¢ regularly as the interest BALTIMORE PORT BONDS. | Coneol textiles Bh oh bl BhrfuglumStcrts). % % % SG&E 3%). % | Worth Pump(A) P i TABILITIES, Without a dates rolf around the check will s 13| Wrizht Aero(2). 2 2 . Undivided profits—net . . 64,749.07 Preparations have been made by the | Cont Baking A.. 51% Me Call Corp(4) ol T Walses Cerare) Referves (of dividends con- 'y o0 5 3 . % 3 214 . ks, inel - e : < sell to the highest bidder on Thursday | Cont Bak pf(). v 2 | McCrory B( 214 102 : 2% b9 ol v tined and cashiers' eheck ffered in amo $3.749.000 worth of port development | Contl Can (n)... 63% 635 Melntyre P(1)., 21% | 30N (113 ). Yellow Truck... 3 shiers’ checks (@) unts from $250 per cent. Contl Mot(80¢). 20% McKes&Ro 1.60. 2 o e L 5 5%|youngstn Sh(5). 1084 112 1084 1 the voters last November, with a stipula- | Corn Prod pfe7) 144 Mack Truck: ) : £k ; 10:30 am.. 451, ST T tion that the commissioners of finance | Coty, Inc (+233) 731 T 3 | Macy Co (2).. AL Nan Y lanet e 2003 : IR Rt 0% ¢ oo & < 4 . Studelaker(5).. 82 5 ' Dividend rat n in the above tabi : STU nt and this form was approved. ‘The lower |CrucibleStlta). Kl 90 Ki'a §9i| MagmaCop (4). 67 08 R A are he ANRUAL eash BavIEnts Besed. on the | cashier of the above.anrsed wan. da solemns | rate was adonted to make the bonds|Crucible pf(7).. 110 110 110 110 {Mailison & Co Sun Oil (g1) N 7 14 | atest quarteriy or half-yearly declarations. | ly swear that the above statement is true to more marketaVle and to save interest | CubaCaneSugar. § 5 5% | Manati Sugar... y 2 o ngm Partl Plus 4 tock. & Plus | the cest of my knowledse and beliet . . . 116% 116% 115% 116% | Krevser & Ton.. Seagrave(el.20). 16 4 16% 16% | Web & Hell. . A 'R X il the . construction of the $12,000,000 | Col Fuel & lron. 68% 71% 68t 714 |LAROOMl......0. 30% 31| Snattuck FG(2). 1261, gia 128 | W Penn El pt(6) 100% : " Directors. MAKE MONEY of the bridge company here. Columbia Graph 86% 88% 8Gls 86% | L»h Por Cmit 2% & o 9 | Shubert The(5). 72 2 West P Po(6) 107% specified that they must send in their |ComCrufil®). 25% 26 257 LifeSavil60).. 3 29% 30 | Sinciair O1l 2 43| West Pacific.... 36 36 36 |at the close of business December 31, 1928 Dostpons the time limit, Com Inv (war).. Lima Locomive. 491 4915 915 | Sioss-Shef (6)... 1 Westinghse(4). 46.850.00 mouth of Back River, in Baltimore nde Nast(2).., B2y B2t 8284 82 Loew's pf(6ig). > 5 | SoPoRicS 2% 2 2 215 | White Lagle: the Federal Government and the State | Consol Cgrs (7). 95 95 w5 95 | lwose-W(160 e | SOCRu R 4 30 | White Sew Mach e Public Service Commission before con- | Consol Gas (3).. 104% 107% 1047 107 | 2Ol pf(6%) > Siear & Co i ag Tze 1o Viison Coipt A . er dsses 04080 of a Louts & Nash(7) Std Com To(f1). 39 3915 | Worthn Pump. .. BALTIMORE, January 9 (Special).— | Contatner B 6ic. i McAndrews 2.60 4 N Ry TN " e 156.000.90 Loss be in your hands. municipal commissioners of finance to |Cont Baking B.. & 4 McCrory At2) Std O of Cal(13) . ST tingencies, et bonds. to bear interest at the rate of 4 |Cont Insuri6)... 91% 4 93% | McKeespt Tin Pl 72 2 iy | SIOIINY(1.60). 42 2 | Youns Spring..” 54 55 54w 5an |23 Dema dmu' Cpamese: up. The loan proposal was resubmitted to | Corn Prod (t3). 89% 893, 9 McKsn pf A 3% 5 Nk 58% | SiiSun ol 1.68) - Hourly Sales on N. Y. Market. o fix the interest rate, and the proposal in | Crown Zelrbek 1 24% Mad £q Gar 1%. Df"rlnl"')nn!{kgol‘:mh i outlay. Cuba CaneSu pt 174 17% 17% | Man Elec Suply. NZ.% ‘Practically all the proceeds from the | Cuba Company.. 221 2213 221, 2213 | Man EI m2g(d5) e / x| 3 el i 5 regl 'o'Bav: | Subscribed and sgorh to before me this 8th Main 2100 925 15th St. N.W. pending sale are to be used to carry |Cuba RR(4.80). 79% 79u 79 | Man Shirt()... A T e "’ Plu day ot Januacy g "0 e forward the harbor-improvement pm_}- Cuban Am §(1). 12:. 5 164 u.u:(ex (S’l"wlor. 9 9 Bivhakiib il o | flock 1!1:- qf o ar "';', oF B bk ' ect. It s anticipat~d that another sale | Cuban Dom Sug. 5% 5| Marlan Ofl...... nstock. 2% plus 30 in | Correct— Attest: i E will be held diter dnytht year to com- |Cndahy Pkz(4). 62 2 6215 | Marmon Mot(4). Symington C1A. % 5 ock. lus 1/120 quarterly in GEORGE A. PREVOST. l THERE IS NO SUBSTITUTE FOR SAFETY . g tock, m /10 share auarterly in EORGE F. WALKER. plete the project, which, according to'Cudahy (rts)... 1% | Marmon rts. 5. Telautogh (80c) United Cia common stook. '@ Plus S JORES, 1% 1% N 8 21 estimates, will cost about $5,000,000, Curtiss Aero(l). 153% 157% 153% 167 Martin-Parry 17 17% 17% Tenn Copper(1). 18% 1% % in stock. Directors.