Evening Star Newspaper, January 12, 1929, Page 15

FINANCIAL. BONDS ARE HEAVY IN PROFIT TAKING Pirelli 7s Score Advance. Domestic Convertibles Show Mixed Price Changes. BY CHARLES F. SPEARE. 8pecial Dispatch to The Star. NEW YORK, January 12. market today had a listless character and with this there was some irregu- larity in prices. A moderate amount of profit taking occurred, after the de- cided strength in some quarters of the list recently. Pirelll 7s made another substantial advance and have risen 10 points in the last two days. The Montecatini 7s were in supply and reacted 2 points. Among the domestic convertibles Anaconda 7s showed & loss of a point, and Interna- tional Telephone 4!>s were dealt In mainly around yesterday's closing level, with not much change in the oils. Some of the Cuban Sugar convertibles | were higher. Following yesterday's strength in United States Government issues there was a reaction which amounted to 13 in the long term Treasury 4s and to smalier fractions in other Treasury issues. ” Some of the speculative railroad bonds improved slightly on small trans- actions. Others, like Seaboard adjust- ments, were lower and then recovered. St. Pail adjustments were =again a favorite among bonds of this class. Only $13.652.000 bonds were sold this week, which is the smallest amount since last August and about 10 per cent of the total in the same week a year ago. There is quite a good deal of municipal financing in prospect if the borrowers and the bankers can come together on terms. Markets at a Glance NEW YORK, January 12 ().—Stocks irregular; Wright Aero within 10 points of record high. Bonds dull; St. Paul adjustment 5s advance. Foreign ex- changes easy; Japanese yen down 10 points. Cotton higher; firm Liverpool cables, Sugar quiet and steady. Coffee higher; European support Washington Stock Exchange SALES. ital Traction Co.—20 at 10635, 20 at C.ID!)C’ 10 et 1065, 20 at 1065, 20 at 06 1063, 10 at 10651‘ 50 at 106%. hut:;‘u'. Farms Dairy pfd —10 at 109 Potomac Electric 6% pfd—5 at 112, it 112. Wlshiniwn Gas Light—2 at 107. Amerlcan General Insurance Co.—! —18 at l"edeul-Am«rlc&n Co. com.—1 at 54, 3 at 54, 20 at 55. Federal-American Co. pfd—10 at 103. Pederal Storage Co. pfd.—10 at 125, 10 at 125. Mergenthller Linotype—10 at 104, 20 at 104, 80 at 104, 10 at 104. Wl@h&ngwn Con. Title Co. pfd—10 at wnshmgmn ‘Medical Building Corp.—10 at 141, 90 at 143. AFTER CALL. ‘The bond ; ! I ON NEW YORK Argentine §s Argentine s Ju A9, Arzentine May 61, Acgent:ne 6s Uct 59 Argentine 51gs ‘62, Argentine 6s A | Argentine 6s B. | Austialia 445 56 Australia 58 1955 Australia 58 1957 Austria 7 Bank of Ch | Belgium 6s.... Belgium 6%s...... Belgium 75 1955, ., Belgium 1956, Belgium { Belgium 88 i Bolivia 7s. 1 Bolivia 8s. Bordeaux §s Brazil 6%s1927.... Brazil 7 Brazil 8 Bremen State 7s |Canada 5s 1931, | Canada 5%s 1929, Chile 63 '60... Chile 6s°61. Chile 7s 1943. .. Colombia 6s Jan'61. Con Pow Japan 7s.. Copenhagen 4%s 53 Copennagen 58 ct.. “uba 5les zechio 8s 1 Dutch East 1 6s 62. Kinland 53%s Finland s f 65 French s French 73s. German EI P 6%s Greek 7s. Haiti 6s Hungary 7%s. Irish Free State 5s. ltaly 7s..... Italian Pub S 7s Japanese 4s. Japanese 6%4s.. Lyon 6s... Marseille 6s. Montevideo 75...... Netherlands 6s 54.. New So Wales 57s., New So Wales 58s.. Queensland 6s. Queensland 7 RhineWst EP 6s'52 Sao Paulo 1950 Wnshingwn Rwy. & Elec. pfd—35 at WI-Eh.nan Rwy. & Elec. 45—$1,500 at 90, $4,500 at 90. Potomac Electric Cons. 55—$1,000 at 102 Clp)t.ll “Traction 55—$500 at 10215. Mergenthaler Linotype—20 at 104, Bid and Asked Prices. BONDS. PUBLIC UTILITY. & Telga. 4%. Telga. 4! Asked. Amer. Tel. - Georgetown Gas_ 1st Potomac Elec. Ist ‘Wash. Rwy. & Elec. ge 'MISCELLANEOUS. Barber & Ross. Inc.. 6'as Cham-Vanblt Hotel Chestnut Farms Dairy” 9‘25 Biase Clun, 5%s 02" 105 Wardman Park Hotel 5'%: STOCKS. PUBLIC UTILITY. Tel. & Telga. . Rwy. & Elec. ptd. /! NATIONAL BANK. National Capital Columbia oAl Mnmnumnn 7 Belina’ S National ‘Bank of Washington TRUST COMPANY. American Security & Trust Continental Trust. Merchants' Bank. ‘i National Bavings & Trust Unton Trust.... 375 Washington Loan & Trust. . 540 SAVINGS BANK. Bank of Bethesda 73 80 Commerce & Saviigs MW ... East Washington.. 39 Potom: 315 Becurity 500 Seventh, Street. 320 TUnited States Savings Bank.... 600 Washington Mechanics. .. 50 FIRE INSURANCE. American 308 Corcoran 150 remen's > National Union....." 26% 28 TITLE INSURANCE. Columbia Title ... 14 Real Estate Title 225 238 Title & Inv Co of Md.'com... 45 ... Wash. Cons, Title pfd. .50 s MISCELLANEOUS. Barber & Ross, Inc., com 20 23 Chevy Chase Dairy pid 108 110 Chestnut Farms Bairy com.... 210 = 222 Chestout Farms Dairv ptd..[1 1087 10914 Col. Sand & Gravel pfd 92~ 93 Gommercial Natl. 103 : D. C. Paper Mfg. pfd .. 83 District National Securities pid Pederal Storage pid Federal-American Co. com Federal-. Amrn:m pld Inve ores pfd ity Storage . Sec Ter Ref & Wire Corp Wash. Conv. Hall pid...0. Wash. Rech, Mipe com. h. Medical Blce. Gorp Woodward & Lothiop bid *Ex-dividend. Unlisted Department. BONDS. Army-Navy hCluh 5s. Cluh aat B8 snes City Club % S rosolitan "Giub "4iLs STOCKS. Anacostia_ Bank. Chapin Chapin Sacks 8 Connecticut Pie Co... Chr Heurich Brewery! Departmental _Bank District_Title Insutarce Frankiin_National Ban Miller Train Control Munsey Trust Co North Capitol Savines aleigh (AmT & Tel tr 4 RhineWst EP 6s'53 14 96 UNITED STATES (Saime are in $:.000.) Sales. High. Low. Close Lib3%s.... 5 9918 9918 9918 Lib1st 4 5 1006 1006 1006 Lib 4th 4%s 46 1007 1005 1005 UB3%s47. 5 9818 9810 9810 US3%s... 2810310 1034 1034 US4s1944. 27 10610 1066 1066 US4uss2. 3111110 1112 1112 FOREIGN. Sales. High. Low. Close. 91 81 91 12 100% 100% 100'% 4 100% 100% 100% 7 1004 100% 100% 14 98 9 98 2 100% 100 100% 4 100 100 100% 14 8815 88 88 96% 96% 96 96 1021 97'y 98 100 100 106% 106 108 108 106 106 115% % 169% lm\'v 93% 103% 1027 10; 99'% 98'- 94% 94N 21 91n 954 1 100% 100 100 13 107 106% 1067 4 102% 102% 102% 6 101% 101 101% 2100 100 100 11 93% w34 93% 16 91 93% 98k 5108 14 S0% 3 99 6 874 5 96'y 2 103 41025 10215 16 98 3 100 4 106 2 108 7 102% 103 90% 90% 99 99 8744 1103% 1 3 1031 103% 103% 6 9013 901 1 96% 964 964 3 105'% 105 105% 11 107 106% 10674 11 112% 112 112 2 9415 941 9% 16 106ix 106% 1067 2 97w 97 2 97 9T% 9T% 3 100% 100% 100% 2 100% 1005 100% 5 95% 95% 39 974 97 2 95 95 4 92% 92 22 1017 1 99 97 95 928 101% 101% 99 29 99 90 1 102% 102% 102% 5 100% 100% 100! 2 94 91 91 4 94% 94% 94y 10 97% 96% 9674 3 101% 100% 100% 103 12 103 103 N 2108 Norway 6% 1952., 4 103 Paris-Ly-Med 6s... 36 99% Paris Orleans Sl,il. 11 96 96 96 Peru 6s 67 w i, . 14 89% 89u 89y Peru 6s ctfs. 32 9% 8919 893 1 101% 101's 101%: 21 88% 88 83% Poland 8s... . 21 99 9i 98% Prague 7%s. 2 105% 105% 1054% 2 103% 103% 103% 2111 110% 111 7 93% Riode Janeiro 63%s 9 95 95 95 Rio de Jan 8s 1946 3 106% 106 106% Rio Gr Do Sul 8s. 2 105% 105% 105% Rome 6%s. 10 91% 91 Ok Paulo City 8s. 2114 113% 114 Suo Paulo 8s 1936. 1106 106 108 2 10b% 106% 105% Saxon(PW) 78.... 3 0% 99% S9% Seine 78 42.. . Serbs Cr Slav 7s, 21 8l's 80% 81 Soissons 6 3 99 99 99 Sweden 53 10 104% 104% 104% Sweden 6s. Swiss 5%s Utd Kingm 5%s 29, Utd Kingm 5%s 37. Uruguay 8s........ Yokohama 6s w i... MISCELL. Abram&Straus 5l3e AmAgriChem 7%s., Am Chain 6s°33.... An Smit & R 1st Am Sugar Ref 6 AmT&Tecl trb AmT&Ts{ 5s. Am Tel & Tel 5% Am Water Wks bs. Anaconda 1st 68 Anaconda cv db 7s Armour&Co 4 %s 39 Armour Del 53s. .. Atl Gulf S 5s.. Barnsdall 68 1940. . Barnsdl 6s w o war Bell Tel PassB... Bethlehm Stl pm 58 Beth Steel rf 5s. Beth Steel 5%s 53., Bethlehem Steel 6s. Duquesne 4%s 67 East Cuba Sug 7% Gen Asphalt 63 36.., Gen Cable 5%s"47. Gen Mot Ac Cor 6 Goodrich 6%s. Goodyear 58 rets. .. Hoe & CO 638, 1. .. Humble O11 5s. . Humble O & I 5 %s. (llinofs Bell 1st b Inland Stl 414878, Lutl Cement 5s 48.. Intl Match 5s 47, Int Mer Marine €s. . int Paper bs 47, Inter Paper 6s. int Tel&Telez 4 Kayser J & Co 5% Kan City P& L 5s.. Ligzet& Myerssssl. Loew's Inc 6s. . . Loew's 6 w 0 war. { Lorillara 5s. . | Lorillard 5% { Louisv G & h L1 nl. ManatiSug st 7%s. Mid-Con 6% 40. .. Midvale Steel o8, Mont Pow 55 43.... Power deb bs. £C0 15t 4%s. Dairy 5%s \ 'lbl fii 41. 0 Am Ed 534863, States Pow 6s. Pacific Gas & I 5s. Pac T & T 535 Pan-Amer Pete 6s. Paramount 6s 1947, Pathe Exchange 7s, People s Gas 55. ... Phila Co 5867 w1.. Philips Petro 5%s. . Por Ric Am Tob 6s. Postal Tel & C6%s Pressd Steel Car 58 Public Service 4%s Rem Rnd 6% war. Sinclair Oi1 65..... Sinclair Oil 6%, Sinclair Ol s, . Sinclatr Crude, Pipe Line 5 Southwest Bell 8. Stand Ol N J 55 46. SugarEstOriente7s. Tenn Copper 6s'41. b ashington Savings Bank | 15 Washington Title Insurance Co. 11 MWashington Base Ball Club, 55 Wesdsdse tanzdon Bouns Bk D5 4rime TennElecPow 6s 47 Transcontl Oil 6%s 4%s Int Tel&Tel 4%s \vlllK 110 2102 102 102 3 103% 103% 103% 1 110% 110% 110% 22 98% 98% 984 8 TR T 1 89% B89% 89% 26 118% 118' 118Y% 20 104 103% 104 5108 108 108 3 96 96 96 ANEOUS. 5 117% 117% 117% 6 105 10. 1 985 98% 98‘» 6 101 100% 101 8 101% 104% 104% 18 99% 99% 99y 7 104% 104'% 104% 16 105 104% 105 3 107% 107% 107% 2 99% 99%m 99 12 105% 106% 106'% 30 195 190% 193 6 92% 925 92% 11 92 9% 91 1.5 W33 1136 136 136 3 99% 99y 99y 6 105% 105 105% 1101 101 101 1 102% 1021 102% 14 103% 103% 103% 17 105 10: 105 Bklyn Edison bs 4105 105 105 Chile Copper 5s.... 26 95 941 95 Colon Oil 6s°38.... 21 113 112 112% Col Gas&Eldebbs. 4 99% 99% 993, CunCoal Md 1stbs. 4 73% 734 ConGasN Y 5%s.. 6106 105% 105% 2 % TT% 1% 5 Bl T84 78l 7 103§ 103 103 1101 101 101 17 103' 103 103 27 100% 100% 100% 2 94 93% 934 10 109 107 109 3 98Y 981 98! 24 108% 103% 1084 | 2 107 107% 207 16 93% 93%x 93 1 8 86 86 1 100% 100% 100% 1 101% 1012 101% | 1 104'% 104'% 104% 13 93 927 93 19 110 110 110 5 984 98K 98Y% 5101 101 01 2 95% 95 9514 96 96% 9ih 91 94 % 1097% 11133 132 133 2104 104 104 3103 103 103 10 117 115% 116% 4 100% 100% 100% 2 834 83U B3Y 9 a7 86'5 86l 2 103% 103% 103% 15 100 100 100 7 105% 105 105% 1100 100 100 3 103% 103% 103 3101 101 101 9 88 88 88 13 96 96 96 2 T T4 kEl 3 1041 104'% 104% 1 115% 115% 3 931 93y 7107 106% 1067 25 101% 101 101 1106 106 106 4102 101% 101% 5 104% 104% 104% 8 104% 104% 101% 9 100t 100 100% 8 B4 €34 834 2 105% 105's 105% 18 997, 9914 99 2 9313 93% 3102 102 102 6 94% 94 94 10 978 97% 97% 35 187'% 126': 187 11 91% 944 9 99 991, 9 9 1013 101 101% 4103 1 7 @ 9 1 103% 103% 1034 2 104% 104 104% THE EVENING STAR, WASHINGTON, D. €, SATURDAY, JANUARY 12, 1929. BONDS o s Received by Private Wire Direct 8o The Star Ofice Sales. High, Low. clou United Drug 68 53.. 29 97 96% .18 90% 90% 90% 8 101% 101% 101% 8 107% 107'% 107% Utah Pow & Lt 1 100% 100% 100% j Utilities Powr 54s. 11 94 93% 93% Vertientes Sug 7s. 197 97 97 Warner Sug 78 41 3106 106 -106 West Elec 5s. T 1024 102'5 102% Wesin Union bs 2103 103 103 Westinghouse 5 17 105 104% White Eagle O 5%s 6 104% 104 Ov 6l4s33.. 3102 102 n & Co 1st 6 1102 102 WimnRepeatAr 714 1 107% 107' 107% Yngstn S&ET5swi. 4 100% 100% 100% RAILROAD. Atchison gen4s.... 11 9% 93 Atl& Dan Ist 4s43. 1 75% 5% B&OGold 4 « 9 924 92% B&Ocval .0 10 981 w8l B&Oref bs.. 1 10i% 101% 101% B&Os 00 10 101 100% 1007 R&OT l 109% 1095 1091 Boston & Maine 5 9 7% Brooklyn kilev 648 I 92y 92% RKIvn Mannat 6= 4 58% 93 Bklyn Un El js 6 92 91% Bklyn Un El 5ssta. 4 92 91’z 2 92 92 Can Nat 4%s 30 g 99% 994 2 9 1 5 Chi & Alton 3s... 1 Chi B&Q gen 4s53.. 6 91% CB&QIlldivds. 2 92% CB&QII3%s.... 1 ChI&E 111 gn 58 51.. 10 Chi Gt West 4859.. 2 ChiMilSP&Pac5sis. 10 93% CMSP& Pacadiss03.153 78% Chi NW 4%52037.. 4 97 Chi R1&Pgn ) Chi R1&Prf4s... 11 95 6 93 1 98% 2 90 90% 20 104% 104% 4 103% 102% CCC&StLrfésA. 3 1004 100 ConnRy&L4lissta. 11 97% 97% Cuba RR 7Y%s, 6 101% 101% Cuba Nor 648 11 92% 92 Del & Hud Istrf4s. 1 92% 92% Del & Hud 5% 4104 108% D Rio G West 6 9% 94% 1 983 924 1 97 97 9 86'% 86% Erieconv4sA..... 2 82% 8% Erie Gen 4s 5 9% 9% Erie conv 4s 2 82w 82% Eriecvt 68 67 wi. 5 964 96 Fla Bast C6s 74 4 73 8 Gr Trunk stdb 6 2 106 105% Grand Trunk i 4 112% 112 Grt Northn 4% s 3 9T 9T% Great Nor gen 7s, 1 111% 111% Hud & Man aj 5s 8 83 82% Hud & Man ref b 6 96 95% 11l Cent ret 4s. 3 92 92 1liCent 4% 66, 16 100 100 Int Rapid Tran b: 19 78% 78 Int Rap Tr s stpd. 4 78k 1784 Int Rapid Tran 6 15 81 8L Int Kap Trans7s... 1 99% 99% Int Gt Nor 58 1956 4 95% 95% Int & G Nor 1st 6s. 1 105% 106% Int&GtNoradj 6552 1 95% 95%% IntRysCA5872,., 1 80 80 IntRyCA6%srct. 2 97% 97% Kansas City S bs. 1 99 99 Kan City Term 4 4 89% BO% Lake Shore 4s 31 2 9T% YT LehighValcon4%4s 1 96% 96% Long Island 58 37.. 5 98 98 Louis&Nash uni 6 954 94N L &N 4%s2003... 99 99 Louls & Nash 5s B. l 104% 104% Man Ry 1st4s90... 1 ®7% 67% MILEI Ry & L5s61 1 100% 100% Minn & StLiref4s.. 1 19% 19 M StP&SSM cn b 1 98% 93% M StI> & SSM 6%s. 4 100% 100% MK&T4sB...... 3 85% 8b% MK & T adj 5s. 4°104% 1038% Mo Pacific gen 6 764 76 MoFacssF77.... 25 98K 98% Mo Pacific 58 G*78. 17 98% 984 Mob & Ohlo 4%877. 4 94% 94% Nassau El 45 51 4 59 59 NOTex&Mb5sB., 5 99 98%4 NOT&M5%s...0 2105 104% N YCengen3hs., 2 8|V: 814 N Y Cent 4s 98 N Y Cent deb NYCrfim44s N YCentrfis N Y Cent deb 6s 9% 4 1 106% PRICES ARE FIRM ON GUR EXCHANGE Market Appears Able to Ab-| sorb Profit-Taking—Plane Stocks Active. BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, January 12.—Prices were fairly firm on the Curb Exchange at the close of the week. Here and there realizing made itself felt, but it was more than offset, so far as the market as a whole was concerned, by new buying in various specialties. Among the features on the side of advance were the airplane stocks, in which there is always a large specu- lative interest. Universal Aviation and Aviation Corporation of America both made new tops in the early trading. Niles-Bement-Pond went along, with a gain of 5 points in active trading. E. W. Bliss was nearly two points lower. In the motor car gréup Stutz opened at an advance of more than 3 points, regaining Friday's loss. Auburn was bought at higher prices, responding to the unfilled orders’ statement, which| showed an increase of more than 100 per cent over that of a year ago. Ford Motor, Ltd., was fractionally lower. Activity in the Standard Oil group centered about Vacuum and Standard of Indiana. Vacuum was strong around its recent high, but Standard Oil of In- diana was heavy and worked lower. The latter was adversely affected by the con- test for proxies between the Rocke- feller and Stewart groups. Buckeye Pipe was in demand for a time. Further profit-taking came into the public utilities. United Gas Improve- ment, opening higher, more than can- celed the gain later. Mohawk Hudson lost 2 points. American Super Power o w;.s down, but the “B" stock gained n Strong spots among the industrials included Hart Parr, Libbey-Owens Sheet Glass and McGraw-Hill. All three were at new highs. PARIS BOURSE PRICES. PARIS, January 12 (#).—Prices were firm on the Bourse today. Three per cent rentes, 68 francs 32 centimes; 5 per cent loan, 97 francs 40 centimes; exchange on London, 124 francs 15 cen- times. The dollar was quoted at 25 francs 59% centimes. CHICAGO STOCK MARKET. CHICAGO, January 12.— Special Dispatch to The Star. Sales in hundreds. CKS. 2 Al STO High. Low. Close. Amer Mohawk.. 33 32 33 Prod A YChi&StLG%SA. 3 106% 106% 108! YChi&StL 5%s B, 3 108% 106% 106t NYNH&H4s56. 1 82% 82% NY NH&H db 4857, 35 77 * 76 NYNH&H%s 2 90% 90% NY NH&H cv db 6 7 119% 119% NY NH&H elt 6s 9 105 104% N Y Rys 68 65.. 13 2% 2% YW&Bdéks. 1 E3% 83% Nor&Sgenisbd.. 16 90% 89% Norfolk & Wends., 6§ 91% Yl Nor Pac 35 2047.... 5 67% 67 Northern Pacific 48, 42 89% 89% orthern Pac5sD. 1 104 104 Northern Pacr 1 6 4 113% 112% Ore Short Lirfs 4s. 13 99% 98% Ore Short Licn 58.., 5 106% 105% Ore Wash 1st 4s, 5 89 884 Pennsyl con 4% 101 Pennsyl gen 4148.. 9% Penna RR 4%38'63, 53 98% 98% Pennsyl gen 58..... 2 108 107% Pennsyl 5s 64. 2 104 103 Pennsyl 6%s 1 110% 110% Pennsy! gold 7 1 102% 102% Pere Marq 1st 5s 9 104% 104% |PCC&StLGsA 1 168% 108% Portland El P L 3 102% 102% Port KRL&P5s42, 4 99 99 Port RLP6s47... 1102 102 Reading gen 448 A 6 99% 99% RioG Westcl4s... 2 84% 8i% StL IM&S gn 5831.. 2 100% 100% St L IM&S R&G 4 5 94% 93% SIL&ESFplisA. 6 874 874 StL&SFr4%si8, 41 K8% 83 StL&SFprinbs. 6101 101 StLSWistds.... 3 87 87 StLSWeonds32,. 4 96% 96'% ‘\'ll'&K(‘ShT.l‘AS. 1 95% 95% |3t P Un Dep5s..... 1105 105 Seab A Lref 4s... 2 b8 584 SeabAL ad) 58 1909 18 44% 43% Seab A Lcon6s.... 23 T7% 76 %BAI]FIHG!JSA. 19 67% 67 Sou Pac 4s 29, 6 99% 99y Sou Pac clt 4s. 2 91 914 Sou Pacific ref 22 92% 92 Sou Pac 4%s rets 2 96% 96% |SouRygends..... 7 88 &% Sou Ry Con 5s. 47 109% 109% 109Y% Sou Ry 6s 56 o 3 114% 114% 114% TexArk FS5%s50. 7 103% 103 103 Tex & Pac 58 B 1977 24 101% 101% 101% Third Averef 4s60, 2 65 65 65 12 63% 62% 624 2 9ly 94% 94% Union Pacistrf4s. 1 90% 90% 90% Union Pacific 4s 68, 2 88% 884 gxi Virginia Ry 18t 58.. 2 104! 104% 104% Wabash 55 76 B 7 99% 59% 0974 Wabash 5%s 75..., 11 1034 103 103 Western Md 6%e... 22 98% 9814 98Y% West Shore 4s 2361, 87 2 B1% 87w CHIC;GO DAIRY MARKET. CHICAGO, January 12 (#).—Butter lower; receipts, 9,005 tubs; creamery 45; standard, 45; extra firsts, firsts, 43'2a44; seconds, Eggs lower: receipts, 7,853 cases; ex tra firsts, 34a35: firsts, 33a33!; ordi- nary firsts, 30a32, DIVIDENDS. Corporation. Per. Rate, Allig-Chalmers ... @ 'Sl & E. 6% DI, 5o, $6'%0 *ptd! Bloomgd. Bros. Braz. T L. & P. Calif. Fr: Stock of ‘ecord, "Sf’e 5103 102% 1025 3 9y 9 97 2 107 106% 107 9 106'3 106% 106% 3103 103 103 oonnot»n:»obonb 0000003 25 ‘The diamond minu of Dlluunfim. Brazil, are vew famous riet 2 Brown Fence&W 3 Brown Fencetw Go B 19 Butler Bros. 4 W & ¢ Foundry 48 u émle A i E ptd !Z Snt Thd Pow monwealth %, Curtis Mfg C 1Devis Indust Al 1 W rl 12 Hart Carter pfd 2Hershey A 1 Hershey B 25 Houdwitie "Goip A" 19 Houdalls Corp B 9 Inland Wire & Cabe 81Iron Fireman ll!nlllm‘p Mg an_Car 1 Ty Ryerson s Soni ‘Tie 3 Flec an 2 Steinite C_Rad 6 Storkline Fur pfd 1R Studebaker Mall [l 11 Studebaker Mail Al A Corp ... 0 ptd 12U S Gvpsum ptd. . 1 4U 8 ngmmpor pid Fadin & Tel o Pro 10 Walaresn sk nur war A 15 Waukesha Moto 175 1 Wavne Bumn pfd, 1> Western P L & 1 Wieholdt Stores 86 Wextark Rad 41 Wis Parts. ... 1 Woodrft & Ed R7 Yates Mnc‘-ine . 13 Zenith Ri Total sales, 160 Oflfl ‘shares. Sales in thousands. ‘BONDS. S 1Cn|t St U 6s '38. 97 81 81 81 3 P 9 99 99 93 93 99 99 99 1 Te W 2. 100 100 100 2VHIP &L R!nl fls 8 |0ll 100 100 NEW YORK PRODUCE EXCHANGE. EW YORK, January 12— Special Dispatch to The Star. STOCKS—INDYSTRIAL, AND MISCEL- m h. Low. Close. 60 Atrway E1 App com. R oA 3 600 Assoc Gas & 100 Arsoc &% El 200 Col Bek:, 100 Colum Auts B cvi pid 400 (‘on\olldnlefl Ihs com 600 La Explora.. 0 Moradder Pub com 570 Natl_Aviation. 130 No Buzte Mining com 200 Thea Corp com 1008 Soijtdord Bech com Trént Process cor com gt 100 300 Union Cigar ... 318 ANK k of Dnited. 5:‘;“’:2%%" 72 20 OhlusfiluonulAN(l_% By EL Received by Private Wire Following is a list of stocks and bonds traded in on the New York Curb Market today: Sales in hundreds, 1'Acetol Prod A 9 Acoustic Prod 7 Allied INDUSTRIALS. CHigh. 17’. 1 . Close. o8, Ot 17ie 173 I 173 its D 12Am Com Alco vtc 8 33 Am Cyanamid B ... 5% 30 Am Cyanamid risi. 187s 2% Stores. El m B ) 1Amer Sta Sec war .. 372 3 1 Amer Stores .. 203 92 5 Amer Superp’ A 759 b 8 A i g An s 8 A 2l g 14 B 15 Abto Rew MB wi: (3 18 Aut” "Meh conv wi 287 28 9 A b e th b 3, Bal 2 # 3 9% 20% 1 1% 0% 8214 8 88 1313 i G 1) hi i 512 5 e 6l7a 601 61! e i o 2L d0is 400 1 Buzza_Clark. . 1412 14 1402 32 Can Marconi W 935 8% 8% 2 Cavanagh. Dobt 31° a2 2 Gelan Cor_Am. 80 50 3 3 3 Cons ocker_ Wheelei Curtls Flying Serv. Dane Reeves. 3 . Duke POW 3 it Pont. de N n: gnunxnn silk. 257, 1 1 9 9 5 2 3 0 2 2 Fi 1 foc* Y 223 Gen Elec Lid ek, 5 Gen Launy 2 Gleaner comb 7 Gotham Har: Knitbac u. bt 7Klein (D Emil 1 Klein !Henncm pld.. % Long Isl 58 Mareom _nl w 1 Marion Steam 8 ssey Harrls, 3 3ass "Bottling : 8 McGraw Hill Pub wi. 3 Miller 18 Minne Hon 34 Mohawk Hud P 1y Moh Hud P 2 pfd 1 Mond Nickel rets 18 Monroe Chem 5 Municipal 1 Nat Bancserv H“.l! B"I ‘Hess n'w 3 Nah Fam Sus 8 Natl Fam Strs | 9 Nat' Food Erod H it SR N 3RS Sheater Bup 38 Nehi Calg o Newtoy Stedi i 7New York Mtl‘ch 1 Niagara Shares h Ami 187 b Ng:h‘ im tUMl\l'y Sec 1’2" 1y h astern Pow s % Nor Am "Warren Btd. dv 4l BA . 18778 137 & Penney & Co. c Pum!ymn(d 3 Gen Am nv. Se¢ Gen dov pid g n gou}‘l‘lwAPol‘b pfd 15nsldA o & NEW YORK CURB MARKET FINANCIA * 15 Direct to The Star Office ps Prod 1 Thomps Starrett 13 Timken Det Axle 170 Prod Export 3 Tod 30, 30% 10 Toddy vie B T 1% 1% 8T 13115 13114 289 Tr. on ASr Tidp 26" 26's 33 Trams Lux DL B'8 9% 10'3 :'rrum Fork Stores 03, 50 5913 1 Tubi 520 520 iIu I 1Tung Sol La 13% 18% 13% 1Union Amer Invesi:. 0 80 60 1Union N RNE-¥E M 5 Union Tobacco 17, 1% 17% 1Uni Bisouit A 6 " 6 ' 65 7 Uni Biscuit B W 2 2 13 Uni Carbon vté §1 55 56% 3 Un! 3% 33 2% 6Uni G Im 7038 16710 163 51 Uni 262 26%a 26'2 a1y B a N Bt BB ig 5014 5U 881s 6 U 624 2y 963 97 3y +70% 0% ro 18U 23%5 23% 260 Uni; e 2300 3 Univ ,r‘n id e v Fic, bid rig; 4 R ctt ‘ 30 Snar - 1Van Cam mn J w ! w!!! Aulfl Sup 1 White 'Sew 3 "ach it 12-' 2 Whitenight -Inc. 1 wildar. Food Pr. od 6 Wms Oilo_Mot i, 2 Willame R C & = 5Yel Taxi C N Y.. 6 Zonite 32 Sales in mm«um MINING STOCKS. M &M Ld.. 6 202 Afli 0|o|.w a4 Com Tun & Drain’. 1% 4 Cons Con’ Mines.... 137 10 Cons Nev Utah.. 08 3Cop Range 26 2 Cresson _Con > - Ba eddie 81 S8 5855550 ity Gol 22 Wendon " Cop Seles INDEPENDENT OIL i hundred: 26 Am Con_OnNds 13 Am_Maracaibo Oil L T o 9 Carib Synd 103 Cities Serv n' 7 Cities Serv n STANDARD AND PORM!:R S BTt AR B S TOGKS. 700 Buckev Sales in units, O Kentucks 00 & m'!, i 6200 Vacuum Ofi. Sales BONDS. in" thousands. IBABUBL P & P 0s A 8 As s S ATon T & 8 Fe 410 5gtlnl Plyw 5l48 ineau_Po 15 Gen Am Inv 55 A 1Gen Laun Ma_ 6iis w 5. 4 Interstate Pow 85 . 96 37 nvest Corp Am b A101% 101 To 5 Joddo Hi hl 10 Kendall 5'as 8 Kop 93 Narrag_Co 5s ia 4 Nath SQulu.tsu Inc s«un' ton P S 5s B. ""X R Est 6 x. N pu)qA‘r‘a' gacaadadgg g;umwnnmn FH L 8% POREIGN BONDS. ‘48 Sales In lholll nds. 4 Agri Mor ll iz, o K 55 J.P. SCHICK HEADS | Company Reports Many “Frozen Real Estate Assets” Freed During Year. James P. Schick, vice president of the National Mortgage & Investment Co. 1004 Vermont avenue, was elected pres. ident a% the organization meeting held this week, succeeding H. Rozier Dulaney, who retired at his own urgent request. Mr. Schick has been with the company less than a year. Clarence F. Donohoe was elected vice president, William D. West treasurer, Col. M. C. Buckey secretary and Maj. Gen. William A. Holbrook chairman of the board of directors. With these offi- cers, the following directors were re- elected: Hugh A. Thrift, H. E. Doyle, W. W. Stuart, George E. Walker, H. Prescott Gatley, Frank J. Hughes, Dr. McPher- son Crichton, John J. Hamilton, Irving O. Ball, Henry W. Offutt and W. O. Peirson. Four new directors were also added t> the board, Ashton C. Jones, Maj. Gar- fleld Riley, Crandal Mackey and James W. Beller. The resignation of Mr, Dulaney was reluctantly accepted. On account of his age he is withdrawing from special activities and did not wish to carry the responsibility as head of this company for another year. It is stated, however, that he is retaining his full financial interest in the firm. The annual financial report showed that marked progress has been made during the past year in g"tmng free | many “frozen real cstate assets,” which | have for some time been hindering the company's progress. The outlook for the coming year was stated as highly favor- able. The question of resuming dividends was discussed at length, and it was de- cided to add all earnings to surplus for the present and until real estate condi- tions have become still more favorable. It will be recalled that the National Mortgage & Investment Co. recently took over the Capital Garage Co.’s prop- erties on New York avenue. It was re- ported at the meeting that the firm is deriving_a large income from this ceived offers for the property, but re- fused to sell as the offers were con- sidered not large enough. COTTON CLOSES STEADY. NEW YORK, January 12 (#).—The cotton market opened steady at an ad- vance of 12 to 15 points in response to steady cables and more favorable re- ports from the Southern spot markets. March contracts sold up to 20.24 and July to 19.87 right after the call, making net advances of 19 to 20 points, but these prices attracted somie week- end realizing. There was also :ome Southern selling which caused reactions of a few points by the end of the first half hour. There were reports of a steadier basis in the South and of a better demand, particularly in the Southwest. Private cables reported lo- cal and continental buying a< vell as trade calling on the advance in Liver- pool and said there was an active de- mand for cloth chiefly from India end China. Futures closed steady, 9 to 12 points higher; January, 20.08-10: March, 20.14; May, 20.17-19; July, 19.79-80; October, 19.59. Spot, quiet; middling, 20.35. GRAIN PRICES RISE. CHICAGO, January 12 (#).—Corn and oats jumped today to a new all- around high price record for the season. ‘Wheat also scored sharp upturns. Pros- pects of farm relief legislation acted as a stimulating factor, and so did increasing seriousness of drought reports from Argentina. Opening un- changed to !> cent higher, corn soon showed decided general gains, with oats following. Wheat started unchanged to Ss up and continued to advance fast. Provisions were firmer. BALTIMORE STOCKS Special Dispatch to The Star. BALTIMORE, January 12.— Sales. STOCKS. 50 Baltimore Trust Co.. 113 Consolidated Gas comn . 8 First tl‘lat.onnl Bank vlai Last Sale. BOSTON STOCK MARKET. Special Dispatch to The Star. BOSTON January 12— High. 39 24 Low. Close. S5 ero vrdnwmers 3815 381, 40 Bingham “Mines 10 Boston & Alb Butte 200 Ot Domiion: 50 Pacific Mills 100 Pond _Creck. niney 300 Victoria 25 Waldort FEDERAL LAND BANK BONDS Special Dispatch to The Star. NEW YORK, January 12.— Land Bank 45 May 105838 Land Bank #1345 N Land Bank 45 Nov Yast. Land Bank 47ss Jan. 195 Land Bank 4i.s May 195 Land Bank 4'is Ju 56- S g 1934 k 4l Sy 1058 s Nov. 19410p21 ik 33 M0 1o4lops Isarco Hyd Elec 73 Isotta Fraschini Iial Buperpow Jugosl Sta Mor Bk 75 81 5o Tiets C 7igs ww 103 t R 1Santa Fe City 7s. 18ilesia s, . Stinnes H'7s "38 Wi s 46 war "—WAII warrants, i Joseph 1. Weller e s e INVESTMENT FIRM source. The company has recently re-| Money to Loan Secured by first deed of trust om real m.‘ Prevailing interest and .--m ot % % 1 Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit Lifo Ins. Co.' 1520 K Street Main 475 In Nearby Virginia Prudential 51/2% lmunnce“.Co. Commonwealth lnvestmenl Co. 017 15th St. N.W. Phone Main 2628 Money Available for FIRST DEED OF TRUST LOANS On Completed Properties and for Construction Use Reasonable Interest and Commission Rat JAMES F. SHEA 643 Louisiana Ave. N.W. Let us have your applications for °LOANS ON REAL ESTATE Immediate Action 1 Courteous Treatment Our record of 35 years speaks for itself. A Percy H. Russell Co. 1731 K St. NW. - Consult Us First If you need money for your Real Estate financing let us have your application today. Prompt Service No Appraisal Fee The Commercial National Company Incorporated Pald up Cash Cavital. $900.000 ] Bank Blds. Ses First Mortgage Loans Lowest Rates of Interest and Commission* Thomas J. Fisher & Company, Ine.: Ist & 2nd TRUST MONEY On homes, apartment buildings and business properties. No apprai- sal fee. Prompt service. Real Estate Mortgage & Guaranty Corp. 24 Jackson Place Main 1403 First Mortgage afld Construction Loan Applications Invited at 5Y2% Glover & Flather. 1508 H St. N.W. TO HOLDERS OF WARDMAN PA“ HOTEI C., FIRST MORTGAG) INKING FUND GOL BONDS DUE FEBRUARY 1, 1941, The Wardman Park Hotel, Inc, accordance with Section 5 of Artigle 3 of its Mortgage to the Pennsylva; Company for Insurances on Lives andi Granting Annuities dated February 1, 1926, hereby gives notice that it l:l: clected to vedeem on February 1, 19: all of its outstanding First Mortgage 515, Bonds secured by said Mortgage, at 105 and accrued interest to the date of redemption. Said bonds will be redeemed at the office of the Pennsylvania Company for, Insurances on Lives and Granting Af< nuities, Trustee, at the redemption price, upon surrender of said bonlll for payment on or after February 1, 1929, after which date all interest on said bonds will cease to accrue. THE PENNSYLVANIA COMPANY. FOR INSURANCES ON LIVES Aa'n GRANTING ANNUITIES, C. S. W. PACKARD, President “ ot __15th & Chestnut Sts, Phila, Pa. ~* oy Over a Third ofa Cmtury's Ezperience iy qp Facilities to properly look after property—keeping it rented; preventing deterioration; eliminating needless expense. Our office has the ma- chinery to do this—to which is added the important ele- mont of personal interest. B.F. SAUL CO. Main 2100 925 15th St.