Evening Star Newspaper, January 14, 1929, Page 13

FINANCIAL. , : T o ke HIGH-GRADE BOND Of ‘the District of Columbla, to the Comp- SToler of the “Cutrency. ‘a8 Tedulred by Sec- A rove PINANCIAL. .- 3 RAILROAD STOCKS RETURNING | TO FAVOR AMONG INVESTORS - THE EVENING ST\AR. WASHINGTON, D. C. Mdl\’DAY. JANUARY 14, 19%9. e BONDS o wamal] TRAING IS QUET ATD.0 MARKET TATES. Sales. High. Low. Close. ?’-filff.'.’.f $2.000.) PhilaCo5s67 wi.. 67 99% 99% 99% Octobe: Sales, High. Low. Close | Phlla&ReadCal 3 90% 90% d T 1 'mber 31, 1928, :m.ooo,ool [ib1st4is 101002 1002 100 |Philips Petrosiis.. 2 93 934 ,418.31 5 5 |Pterce-Arrow 8s 4 106% 106% Lib 4th 4%s 568 1007 1005 lgg:; Por Rio Am Tob 1929 with seasonable variations. In 14—More | November, the net operating income of the class 1 railroads represented & return on their property investment of Special Dispatch to The Star. NEW YORK, January railroad stocks have been taken out of the market since the break in Decem- BY KENNETH 8. VAN STRUM. r ended including Dece: US3%s43. 25 983 983 . vo | Over 1 per cent more than in November, [nterest paid” depositors: massss | Postponement of Operations USimair. 13 oke 985 936 RoAtATTela Coun: a3 9% Butter Prices Lower—Deal- ¢ week | pesoihan at any time in the past (WO | g5 ‘T record 1s_expected to be Total " amount ot debts. B eiie. 1etivso ids: uies ressd Steel Car 8 5 071 NEW YORK, January 14—Last weel . dnpiioated wDor the Daseabes Tontte i Prsit . US4%ssz. 22 1112 1112 1112 | PublicService 4%s. 7 188 T - the New York Stock Market continued | It was evident when this break oc- | anBear while preliminary estimates for o e ary . veses Is Due to Hesitancy Over BemingtonAr 6 31. 14 1004 ers Take Precautions o meet, resistance to . ;dgn.cde;‘unrg curred that many of the popular in-|jonuary are also highly favorable. HARRY G. MEM] FOREIGN. em Rnd 68 war. 3 413 to dete prices have faile: dustrials had been over-exploited. The JAMES R ELL Sinclatr Of 991 i significantly above the highs estab- |attitude of the banks toward them later les. High. Low. Close. nclair O11 68...... 16 9% y e e banks towas HOLCOMBE @, JOHNSON. Money Rates. Argentine5s..... %5 T91% 1% 91% | Sinclair Ol 6%8.1: 3 1011 Against Weather. liched the latter part of November. For | was rather critical and his compelled C; 8, KEFERSTEIN, Argentine 6s Ju 59. 62 100t 100 mgs. S 13 m‘;vu, t.{\e keu:c weeksd since No;relg:;mf? mnfic;s to margin these stocks at. suclg Money for y . ) 61, & 100% 100 100% 7 97Y% stocks have made no real ss. | high figures that many customers wou GEORGE A KING. BY CHARLES F. SPEARE. ArE e ine Ba et 89" 2 100% 1001 100% 1 94 Cheaper butter was the feature of | While the corrective reaction of Decem- [ not trade in them. On the other hand, - DONALD WOODWARD, Sounta) Dilpitel 6 Frisitar. k Argentine 5%s 62, 21 96 95% 96 :kelly Ofl 5188, 1 93 this morning’s market. Because of the | ber undoubtedly unpr:w:g the lefihni::l there has been greater friendliness F"-st Mortgages IR dotiLLE, NEW YORK, January 14.—Believing| Argentine 63 ... 12 1001 100 3008 | SOL0 Bl TSLBe,s 1 103 107 107" |cold weather, it was stated, trading | POSiion of the THRTRh TG B E, o | o e Tl oot gecause the | il ¢ OHN, qugts-rgg‘l;,l«!\-m. that the period of easier January money | (R o0 4%s56.. 3 88 87% 87% |Southwest Bell 3 104% was unusually slow, buyers not getiing | ang future business prospects are suffi- | yance in the last year and for the Our rule is to give e s approaching its end, as suggested to- | [\ ji aiia 6u 1955.. 15 96% 964 96| Stand OIl NJ 5s 46, 27 103 1028 out during the early morning hours, | clently improved over conditions exist- | reason fhat they are. considered by | T MELVILLE BELL GROSVENOR, |day in the advance in the renewal rate, | ,[\,Jo\ 0 1iq 551957, 96% 96 96 |SugarEstOriente7s. 3 97 yd ing two months ago to warrant the be- | money lenders as § prompt consideration Ve - ! 3 Austra 3 ‘Business seldom is brisk Monday | N S as more stable collateral to ever: lication f I S e e It R G0 Rl e e 14103 102% 102% | Tenn Copper 6s°41. 5 106/ e liet that stocks will rise far above these | than the industrials. every application for ADRERT ¥ FOR. operations in high-grade bonds. The o . o cpiiesies. 7 97% 97 97% | TennklecPow 6547 6 106% mornings,” commented a dealer, “and | jevels, I8 conitinst 1o s Aititeds of ‘comis loans with which to FCEC KOl effect of this was a number of frac-| Bank 0%l " 19 991, 99 9913 | Transcontl Ol 6%s 10 103 the sudden change ir. the weather sifission holines; which for monine: cares undertake new con- Bank of Chile § Market Highly Erratic. tional declines, unimportant, however, Prices last week were more erratic|ly mentioned railroad stocks, is the uni- % 96% L LB. DREW PARKE] 5 90% e, JOHN B LARNER. President: AL- 100 100 100% | United Drug 58 53.. 45 this morning made it very slow.” struction; or to re- « FRED H_ LAWSON. Secretary. o ihe Washington Loan & Trust Company. do hereby solemnly swear that the above is and JOHN | 85 an indication of the market's trend. . JA ) These declines have been occurring in quite & number of inactive issues for the past two weeks and have produced 9 108 23 115% 115 16 106 106% 106 107 108 1 106% 106% 106% 115 101% 107% 4 100% Receipts Lighter. Receipts were about as light as the demand. There were practically no than they have been for a long time, showing distinctly reactionary tendencies Monday and_ Tuesday, then rising sharply until Thursday morning, when versal recommendation of them at pres- ent by brokers in their market letters. The investment trusis have been buy- ing them quite freely and some of the finance a maturing mortgage. The moment it is frue o the best of our knowledge and beliel. | & rather long list of railroad bonds now > 109% 109% 109% approved the money 933 they again met heavy selling pressure, professional operators have formed pools District of Columbia. &5 selling well under the 1928 low prices. 315 108% 103% 4 haulers from nearby Maryland and i becomes immediat el ‘Sworn to_and subscribed before me this 4 9 103's 3% | Warner Sug 78 39.. 10 89% aulers from nearby in them. While there have been no omes ediately oth day of Jamuars, 1038 0 o (fib!n;;s-f;i:;s e Brasl] 6a 105 .. 22 95 94% | Warner Sug 7s41.. 1 106 | virginia in evidence during the morn-| 190 | conspicuous demonstrations in the rail- available. L] w. . = = razi 1] . 4 Aotary Public. D, C. L1595 94 95 t Elecbs...... 11 A 1021 road market, the buying is what is Low Rate of Interest *|ing hours, and slowly rising tempera- if even moderate buying orders ap-| 3 % 1000 100% 5 2 ‘ | LARNER, President. Brazil .3 100% 100 10! tn Unfon 68 51. 5 1025 tes p sood | n IO ENED 1 ATAWSON, Secretary, | peared. | Brazil 8s. 2 108% 108% 108% | Westinchouse 5s... 73 104% 104% | ture predicted for tomorrow may mean emmed J,‘(FEZ".)L S;g:te"qflc e N O ek, German Issues. Bremen State 7 2 1021 102% 102131 White Eagle O 5%s8 8 1031 that haulers will be able to bring in of railrond dividends will be increased | ‘ JaMi- ® ELLERSON. Jr.. In view of the discussion of the|Canada 5s1931 9 101t% 101 101% | Willys-Ov 614s 3 10 102 supplies of eggs and other commodities | this year on the basis of the earnings | B. F. SAUL CO- otar ARTHUR PETER. Direciott fmethod by which Germany can mect | Canada 9 pany. twenty-five her reparations payments, there was|Canadabs 4100% 100 100! | Yngstn S&T 5s wi. 45 100% 100% This report must be signed by the presi; | more than usual interest today in Ger- | Chile 6; .13 93 934 934 dent and a majority of the ditectors. and| man dollar issues. This was academic | Chile 68 61 130 91 93h 94 4 104'¢ 104 104% | Wilson & Co 1st 6s. 3 102 without danger of freezing losses. Dealers in fruits and vegetables, most of them doing business in front of the business houses in the vicinity of Cen- gs |in the second half of 1928, which have been higher than estimated in Novem- ber, with promises of a continuation into 52 1929 925 15th St.—M. 2100 RAILROAD. Sworn tn by the president. secreta 5 15 101 101% Jonat thiges of the directors rather than practical, for trading in |Christiania §s..... 3 101% 8 iaiamou syt 6 95 ter Market, found it necessary to take B them was small. They have had a very | Colombia s Jan's1. 14 01 804 80414 gk vt 43 05 1 91 extra precautions against freezing. O e e e o uiscios | Copenbasen PR ot 10 96% D&% 96w |Atchisonadyis.... 1 874 e of e industri in which s -, e Atchison gen 4. 12 924 ey offer the trade d Mortgage Money Loaned Pousibilities appeas. The trend of the |Caba®ikn..-.c.c.. 2108 103- 103 |Qchisangends.... 12 82 ey Dad o odler e teaas S N hso 2 109% 109% 109% 4 89 #87x 89 municipals, however, have been toward |Czecho 8s 1952, a lower level and with some prices be- | Denmark 4% There Vere some from Mexico, some AtlanticCL 4%s64 15 97% from Cuba and some from California At Low Interest Rates ! . / 9214 i low those of last year. It is obvious|Denmark és... 7 104% 104 s as and other States in the West. which gradually forced prices toward er & Rutherford that, with the German market as it|Dutch East 1 103% 103% ey With the exception of butter prices, |lower levels. As a whole the market n..Z..u.. Mutual Benefit L ce. ||stands today, it will be impossible to|Dutch East1 1 103% 103% m:: according to ,ep‘:,m prices of practi- | was lower on Saturday than at the vo 1 110% 110% 110% .98 171 169 169% previous week’s close. Business Developments. ‘The outstanding news developments of the week were the seasonal easing of call loans to 6 per cent, the small sell any considerable amount of German | ] S8alvador 8: government obligations at the coupon |jrjat 7s wi = rate of 5 per cent unless at a discount | pia¢ 7x x w heavier than the borrowers would agree | ynjand 5% r RE AL EST ATE 3 S Rtiay onves Libias Wersineain promt b o nent, with the Pirelli 7s adding nearly | pramerican 7% NOTES & points to last week’s gain of 18 points, Secured by First Trusts cally all other commodities this mor 10915 10915 | ing were the same as prices quoted at . 56 101'% 9’};'«4 l::(l"s 103 102% 1023 | the close of last week. 4 90% 90 90 | B& O Toledo 4s. 8% 84l 8ik ’ - T8 96% 96% 96% | pagion @It 18y 98 o1 o8 Tndayll’"\::ulselx;:i:&“;’r;:le:‘;:obbe .11 1004 100% 100% | i, b . o i S 305 105 105 | Brosiivn Eres sta. 3 o1t 4o oae| Butter—One-pound ‘prints, 47a4g; [ decline in brokers' loans, the smaller- 73 107% 106% 107% | i 2 6 92 2% 9 | tub, 46a47; store-packed, 30a35. than-usual seasonal rise in unfilled steel 13 1121 112 1124 | rookiyn Blev 6lam 6 92 82u oon N Amery. 44: fresh selected, | orders, and the increase in crude ofl | A 94 94 94 |BKlynUnkl5s'50. 14 9i% 911 9l | 37a38; current receipts, 35; storage, 30a | production to the highest point in his- . 12 106% 106% 106% | Bkiyn Un El 5ssta. 8 91t 91t 9lls | 32. :g'%b Tl‘“" ,:“"”"‘E’ g' :‘"d“‘c" 13 98 9T% 98 |BumR&Pittsks.. 23 92 91% 92 | Poultry, alive—Turkeys, 37a38; Spring | that business 1s going ahead af, a good 12 101% 101% chickens, 35a36; Leghorns, 30; fowls, | Pace, and in New York much attention 18 97% 97 28a30; roosters, 19a20; ducks, 25; geese, "“hu“nhe;ed around the annual auto- L9 95 94w 20; keats, young, 5060; old, 30. Dress- | mobile show. 4 ed—Turkeys, 40ad5; Spring s Dicke Group Trends. 38a40; Leghorns, 30a32; fowls, & $li, T ot lErl_e, 4sad6: _small, 38ad0 duewey predits a. Tecord " geet n 1935, | 17983+ 9815 (0B |1 23RBS RECRE, SREE » 808 | they ‘expect it to be a year of severe 4 2 2 Main 475 1 1520 K Street were lower, 0se with and withou Wwarrants, = The latter have recently | erman I P 6% sold at & premium of 3 points on repeti- | Gor Am Bank 7, tion of the rumor that they were to be | ary 1%, retired, French issues were firmer n:g g m,‘" 2‘;\" was & strong tone to Soul Rsilan Conservative Appraisals 1 92 92 92 |Canad North 6%, 81 101% 101% 101% | Canad North 7s. ,.. 1 99% 99% 994 | Canad Pacdeb 4s.. 3 99% 99 99% | Can Pac 4145 46.... .10 35 35 35 |CarClinch&O 5s.. ""7 %0 90 90 |CarClinch&O 6s52. 3 102% 102% 102% | Cent Pac ist 68 90.. .Cunmfle List. k2 Domestic convertible were duller and moved within & narrow price area. Strong industrials were United States Rubber refunding 5s, which responded to the improvement in the trade situa- (*] tion, as have the 612 per cent notes and N Am Chosen Locations 101% 101'5 101 g7 & , o | competition. During the time the auto- 2108 108 108 Meats—Beef, top, 23; “‘;‘_‘“lm' gl ';3“‘ mobile show was in progress, the prices | 1025% 102% 1025 | 23; common, 17a18; veal, 28; lamb, 30; | o jeading motor stocks, still consider- | pork loins, 23a24; fresh hams, 22a2. ably below their November highs, de- | We'veRounded Qut Another Year of Service Chesa Corp6s wi.. 30 99% 99% 99% o ; orth American ~Cement 6148, e o4 ; fresh shoulders, 16a17; smoked hams, | clined. The exceptions were Chandler. which have now rallied over 10 points. g,’:,‘z‘.‘fi‘: ;,’z: 3 ?3.,‘ ??M 25a27; smoked shoulders, 16a17; bacon, & Chi B&Qgen4s53. 3 919'; 9% 9% %2;22; lard, in tins, 1212, in packages, CBaQius®1B.. 7 99 9% 99 |™iive stock—Calves, 16%alT; lambs, 3a1 e oeming of the farc case petors the reoj of are case ore e Interest Unmmsum Supreme Court today. A majority of the junior rails sold off fractionally. . CB&QIllldivis,, 921 92% 3 U 4. Chi&E 111 gn 6s 51.. 8219 B2 1o Rabbits, 25830, WEA\/ER BRO ChBIPMAO 58 0., 0% 10058 5 9TH 9K HERAD Sx 130, 100% 1004 Fruit and Vegetable Review. e ChiStPM&O 65 '30. . i i i Med $a... 22 99% 99% The daily market report on fruits and | —to the public, increasin, - REAL:'IORS New Bond Issues eans 5%s. 12 95% 95% 8l Tl vegemblesy_(coml)ueflwby the Market P 7 o 5y gour‘cllzentdc,' ?nd g 809 15th Street N.W. Sl S6u. Sgiyinemeeryics BureAw off Aptioubira) tige, all the while—ever providing facilities that ree W 81% 81 e H 2 i Siivimus wTeow. e oF 1018 101k Suis 95" | Avples—Supplies moderate; demand | more than meet the requirements of depositors, Main 9486 i st ot $3:000,600, Thuley Buidding (0| menh o oo, 1 18 W S ok | e L es: Washington, medl- large and small : ; | A . Reaity Corporation) 15-year sink- | Poiand s (réia)... 30 88 87 § 104 139 11%% | um to large size Extra Fancy Délicious, e t;.:nmnfl ;Ir’r“ul;flgd “ebsnlw' flem: 1? x:g',' l:::; 1::% Chi Unfon Sta b8 44. 5 102t 102% 1021 | 3-2583.50; Staymans, 2.50a2.75; Romes, 105 104% 1045, | 2258250, Bushel baskets: _Virginia, 1028 102% 102% | U. S. No. 1, 2'; inches up Staymans, 100% 100 1004 ' 1.6081.75, few best, 1.90. Barrels: Vir- | ginia, U. S. No. 1, 21 inches up Grimes, 5.00; Virginia and Pennsylvania, U. S. No. 1, 2': inches up, 5.00a5.50, few fancy higher. Cabbage—Supplies moderate; demand and trading light account weather, mar- CaWIbH86L. ... U 13 200% 1064 188% | oo o 8t 1L §8 D. .. 6 103% 103% 103% 8310 109% 100% | SO FaeLrfesd. 15 93% 92% Your PAY DAY and other deposits deserve the protection of such a bank as this. Let us get acquainted This Pay Day. | fl | fl 3% on Savings fl\ fl fl fl marketed today by the National City Co. | Prague T%s. and Blair & Co., Inc. bonds are | Queensiand d it} United States M‘u!.;.n Co. as to principal, interest and sinking fund payments. REAL ESTATE LOANS 5%9% Homes, Apartments and Business Properties District of Columbia SAN FRANCISCO ——e Named General Manager. PHILADELPHIA 1113 13 ket firm; New York, sacked per cwt. NEW YORK, January 14 (#).—Jo-|Sao Paulo $s193¢ 4 106 108 Danish type, 2.85a3.00; South Carolina, 10 106 106% barrel-crates Pointed type, 4.25a4.5 4 100 9% 32 106% 106% 2 81w 81 115-bushel hampers Pointed type, 2.25 a250; Florida, 1';-bushel hampers Pointed type, 2.60a2.75. | Celery—Supplies liberal; demand light, market steady; California, crates, 6.00a 6.50, few fancy higher. been ted ager of Radio-Keith-Orpheum nation- wide chain of theaters. He succeeds J. J. Ford, who resigned. ——— OPEN UNTIL 5:30 P.M. JAN. 15th FOR and Nearby Washington Stock Exchange E';':':‘:",'c:::.‘:',.... % ?1‘%3 }l{':":m Tfig&ffi:{jfi“;’"‘% ::;%?sgxi BALTIMORE PAY DAY DEPOSITORS’ CONVENIENCE Maryland-Virginia SALES. Toho El Pow 78.... 4 9814 98% e T oo CINCINNATI « 1 78% 78% ! California, Imperial Valley, crates Ice- PITTSBURGH 11 90% 89% berg type, 4-5 dozen, 4.50,-few higher; 5 N 18 1 e 56 118% 118% 118% = Southern stock—Supplies light; demand 14 100 1034 108i |CreeRB&WdebB. 30 284 28 28% | ot “lnarier steady; Florida, bushel == a lona = "1 97% 974 97%|HavEIRy6s52... 81 81 81 |basket big Boston type, generally good | Cleveland, which is negotiating a merger 3.5-10-Year Terms — el =11 Capital Traction Co.—15 at 106%. Tokio bs..... Potomac Electric 5%% pfd.—10 at|Toklo5%s1961, Prompt Replies 108%,, 10 at 108%. Utd Kingm Randall Hpflu: & Co Weatitglon Gu Ligheto s 1on. | 14 Kink, S 1 ks M‘el’ 3 m "z- & DId—30 At | ne 88752 e e, 8 87v4 874 971 |HAVEIRyS%s5i.. 6 63 624 63 | quality and condition, 1.75. with Hupp; Moon Motors, which has i Mergenthaler Linotype—10 at 104, Yokohama 6s w i. 4 98% 9% f Onions—Supplies light; demand light, | changed its design, and Studebaker and Decatur 3600 4 market steady; Michigan and Ohio, | Plerce-Arrow, two affiliated companies, AFTER CALL. 100-pound sacks yellows, United States | which advanced on talk of their im- MISCELLANEOUS. Abram&Straus5%e 19 118 117% Ajax Rubbe 1 103% 103% District National Securities Co. pfd.—5 Am‘.flch.m' Copital "Traction 5e—$3000 at 103, | A1 SliGus 3 Mergenthaler Linatype—14 at 103%, 10 i o at 103%, 10 at 108%. AmT&T ol tr 4 No. 1, medium size, 4.85a5.00; Holland, | proved position in the industry. 110-pound sacks, yellows, No. 1, 4.65. Almost without exception leading oil Potatoes—Supplies moderate; demand | stocks showed moderate declines for the light, market firm; New York, 150-|week reflecting the possibility that the pound sacks, round whites, United States | industry may again have to deal with No. 1, 2.25a2.35; Pennsylvania, 150-|the problem of serious overproduction. pound sacks, round whites, United | The coppers, which have led the re- States, No. 1, mostly 2.25; Michigan, | cent advance, reacted last week, while Metropolitan Organized in 1814 Mortgage Loan Correspondent F 8 105 05 w York Life Insurance Co. 3 ‘91 ot 18 95 95% 18 101 100% 101 « 22 104% 104% 104% 1 99u 99k 115 Ban Years Old Capital, Surplus & Undivided Profits Over $2,000,000.00 Int Rapid Tran Int Rap Trans Int Gt Nor 5s 1 . . 150-pound sacks, Russet Rurals, United | the price, of the metal remained firm Bid and Asked Prices. ‘3 }gg}z 1“‘;{ States, No. 1, 2.35a2.40, at upa,; cents and the industry awaited BONDS. 4 0% 107 igh, market Bim: Texss, Dushel base | Bhh show the. prosms starotioal potts 15th St., O iteU.S. T = , marke! m; ‘exas, €] = | Wi show e present st o PUBLIC UTILITY. 29 9% 98% Int Ry C Am 6s d1.. 94% 94ia | kets,'Savoy type, 1.25; few high as 1.35; | tion ‘of the Industry. The railfoads +» Opposite U. 5. Ireasury 2 8 85 85 . 61 105% 106 105% 12 192 191% 192 9. 16 92% 92% 92% o 17 92% 91% 9% Atlantic Refin 65... 1 102% 102% 102% Barnsdall 6s1940.. 15 136% 136 136 Barnsdl 6s wowar. 11 99% 99% 4 | Bell Tel Pabs B.... 1 105% 106% ... |Bell Tel PabsC.... 3 107% 1074 103" | Bethlehm Stlpm s 3 101 100% 100% @ Beth Steel rf 65.... 1 102% 102% 102% Beth Steel 5%s 63.. 8 103% 103% 103% 102% | Bethlehem Steel 65, 13 105 104% 104% Bklyn Edison b 14 105 104% 104% 94%4 | Certain-Td5%arets | Chile Copper 5s 5 Colon Oil 6538 1 IntRyCA6¥%srct. 1 97 97% 97% P kgl o Norfolk section Virginia, bushel baskets, | fluctuated over a narrow range Kansas City S §s. Kan City Term 4 Lake Shore ¢5 31 LehighVal con 4 Lehigh Val 6s 2003. Long Isrf 45 49. h uni h 78 Market St 7s 40. MILEI Ry &L 5s 61 Minn & StL ref 4 Minn & StLen §s. AAMQI'A fil'.‘f“‘l‘""‘“‘ mer, ek 4ias. W el e & Pot. e and o dou 0 sevoy e, 100 R A | — [o]———|o|——la|——)| :g :gw 98% To‘x’nll unvue: mn:lhezuu: 7:.2 changes. 15 89 [ mand slow, account weather, markef dull; repacked, unknown origin, threes, Steels and Rubbers Feature. 99% 99% 99% (ripes, wrapped, fancy count, 2.25a2.50; | The features of the week on the up- sixes ripes, | side were the steels and the rubbers. a5. &% £ Toleohons . G & P. Telephone of Va. 8. ity & Suburban Eratiomn. ion "tat 1.7582.25; wrapped, fancy count, 5. .50; choice | Besides a high production rate and firm 26 954 95% 954 | count, 4.25a4.50; originals, Florida, sixes | steel prices, the steel stocks throughout ripes and turning, wrapped, best gems, | the list were helped by the pronounced 3.0023.50; choice count, 2.50; or&emry strength in United States Steel. Heavy 100% 100% 100% conditfon, spotted, wide range prices, | demand for automobile tires and higher P both sizes, 75a2.25. Hothouse stock— |crude rubber prices led to marked im- No_sales reported. provement in the tire stocks. ' The String beans—sSupplies light; demand | features of the tire group were United | slow, account weather, market about|States Rubber, which made a new high steady; Florida, 7s-bushel hampers, | for the move, and Goodyear. The ac- green, 6.50a7.00; fair quality and condi- | tion of these stocks adds strength to 00. the rumor of a merger of these com- Peppers—=Su| ?lles light; demand | panies with Seiberling. light, m:rk:':‘ sl lghtly w,fi,%ex:,; mol;g: ; u:ch pepper, crates, fancy, 7.00a7.50; low the trend of local industry. In De- quality and condition, high as 8.50. troit the many steel, mu“finery and Squash—Supplies very light; demand | automobile accessory stocks were strong. light, market dull; Florida, pepper | The general lists in San Francisco and crates white, wrapped, 5.50; few fancy, |St. Louis fell off at the beginning of 98% 98% 98% | 6.00. the week, but recovered some of the ‘Cucumbers—No supplies on market. | losses later. Prices in these three cities L Eggplant—Supplies very light; de- | have gained most ground since the De- 96% 96% 9G% & mand light, market steady; Florida, |cember reaction. Philadelphia, Cleve- 100% 100 100% | pepper crates, few sales, 8.50a9.00. land and Chicago have also showed Peas—Supplies light; demand light, | good gains, although prices there have 107 108% 106t | market about steady; Mexico, 45-pound | made little progress during the past , 5.50; /s-bushel hampers 106% 106% 106% | fair quality and condition, 2.50. cholice count, Service Isn’t an Experiment Wa: Alex“'k‘:n.l 4 Wash. Baito. & Anni e Make 1929 an Investment Year First, for the proper investment of holiday funds, select a security that combines Safety, Market- ability and Attractive Yield. These are outstand- ing features of the securities of the $800,000,000 Cities Service organization, which are owned by more than 375,000 people. o Our office has the ma- chinery to properly look after property—keeping it rented; preventing deteri- oration; eliminating expense. To which is added the important element of per- sonal inte B. F. SAUL CO. Main 2100 925 15th St. & 18 81% 80% 80% 17 95 95 95 1127% 112% 112% 99% 99% 99%% 106% 106 106% 103% 103% 103% % 1% 1% 8% T8% 8% 102% 102% 102% 107% 107% 107% 1034 102% 103 100 100 MK & T adj 5s. ; tion, 4.5026.00. al stock markets continued to fol- Mo Pacific 55 NOTex&M5sA., NOTex&MbsB. NOT&MGb5%s. N Y Cengen3is. Cuban Am Sug Detroit Edison Dodge 6s. . Donner Steel 7s Duquesne 4%s 67 100' 100% 100% Fisk Rubber 8s. 113% 113% Gen Asphalt 6s36.. 1 109% 109% Gen Cable5%48°47. 5 981 98% Gen Mot Ac Cor 6 57 103% 103% Goodrich 6%s. 17 107% 107% 18 93% 93% 3 86% 86 8 100% 100% 12 101% 101% Second, take advantage of the Doherty Invest- ment Plan through which you can establish an independent income by setting aside each month a part of your earnings for investment in these sound, seasoned securities. (Copyright, 1929.) T e O ’ Strawberries — Supplies ve ht; 1024 101% “":: demand slow, mlrkzt? xundy.r’muugldl. FOREIGN EXCHANGE. (Quotations aa ok refrigerators Missionarys, 35 per furnighed by W B, Hibbs & Co. Illinois St 1 575 | Indiana Steel 2 104% 104% 336" | Inland St1 4%s'78, 34 93 925 Intl Cement 68 48.. 52 110% 109% Intl Match 6s 47. 9 ! 8% 98% AL vold Beline Shecks value (,u‘r “lflrs) today. o iae Second Natfonal ‘Bank of ‘Washington. 310 TRUST COMPANY, American Security & Trust. Continental Trust. Merchants' Bank National Savings & Union Trust. Washington - 485 03003, 104% 104% 104%) TREASURY CERTIFICATES. i By iss i x{fifinfiul?{i J. & W. Seligman & Co.) 9025 993433 992532 9927.32 99 2932 100 T = N e @ We Have Money to Loan Whether you are a property owner or a builder, come to us if you need money. 7 We make loans in any amount for construction or for refinancing | Third, start today by sending for full informa- tion about Cities Service Company and its seasoned securities. The coupon will bring you, without obligation, information which will en- able you to start 1929 with a definitely planned investment program. 6 91 94 wil304111 109% Kayser J &Cob5%s. 27 135 134 1344% KanCity P& LGs.. 1104 104 104 Kelly-Spring 8 110 110 110 m Lackawanna Stl §s. 102% 102% 102% Laclede G 6%s62.. 12 106 105 105 Loew's Inc 6s. + 30 117 116% 116% Loew's 6s w o war.. 18 100% 100 100 et schilling. ‘Budapest, pengo 100, 1 50132 Waa.zq | Rrasue; crawn Northern Pacific Northern Pac 58 D. Northern Pacr1i6s. Ogden&Lake Ch 4s, Ore Short Lirfs 4s. 15 Ore Wash 1st 4s... 2 Pennsyl gen ¢%s.. 10 R4 .10 BAVINGS BANK. Bank of Bethesda. Commerc 977-32° 9713-33 | Gofe - 1932 . 15, 1932, ~RSavann 97733 97 13-3: o i Ha0 3 | Stoekholm, crown: 9713-33 SHORT-TERM SECURITIES. 8 y (Reported by J. & W. Seligman & Co.) i American .. 305 Lorillard 6% 6 B7% 86% 87 |PennaR 1 2 6T 67% 674 \ completed properties. | Eeoray i T 3113 1124 112% | Pennsyl gen bs. ... 13 5 99 99 994 | Alis-chaimers co s 1937, . Siin LY Immediate action is taken on|Tremens ... . 3% Loulsv G & E 5862, 2 103% 103% 103% | Pennsyl 58 64. 12 2 91 91 911 | Alumingm Co. of Amer. 55 idéi your application. Reasonable rate TITLE Mid-Con 6%s 40, 21 105 105 105 |Pennsyl8%s. 8 110% 110% 110% | Sou Pacificref 4s.. 10 924 9214 924 | Balto, & Ohlo 4'4s 3933 of interest. Talk with us first if | columbia Title: . 14 Midvale Stéel 5i 6 100 99% 99y | Pennsyl gold 7 37 103 102% 102% | Sou Pac 4%4srots.. 2 964 96% 964 Batavian Pet. Gorp. 418 you need money. gte i a3 Mont Pow 68 43. ... 1 1084 1034, 108i | Pere Mara 1atpa. .. "2 103% 103% 103% | Sou Ry gends..... 10 88 sfia &0 | Ellyci, SIS 100, g5 e ’ T nv 'ml°' l'laa 4 Mont Power deb 57 1007x 100 10044 ! Philippine RR4s... 5 38% 38% 38% | Sou Ry Con bs. 4 109% 109t 1094 | Canadian Nat. Rwy. 4izs 1930. Without obligation, we shall be | Wash. Cons. o pfd. s Mor's&Co 1st 4%s. 13 8813 87% 87'|PCC&StL6sB756.. 2 1084 108 108% |Sou Ry 8%s. 1 Nor. Rwy. 413 1935 leased to send you further in- Ni 30 96 95% 96 |POFtRLPEs47... 1102 102 102 |p.y s pac5sB1977 1 e i Ottio Rowy i rmation. =] To 75 33% 75 |Portland EYPL6s. 1 1021 102t 102 [ TeX& P68 25 e i 035 10 9 106 105% 106 |Reading gen 4% 3 99% 99% 99% 6 g & Elec. 55 1952, 8 3 91 91 1 ‘udahy Packing Co. 5175 1937. - REALESTATE % B § 100 10 100 Lo ro a2 Eony Koot e . Co. 03 s 4% 114% 114% | St LIM&ES4829... 7 99% 99% 99% | Unjon Pac . . . .Corp- i RS, mapes Mix Bid » NYGELHA&F % 1| 934 931 934 | Sl IM&SEn 6831, 11 100 100 100 o T o R HENRY L. DOHERTY "flmfi[&fiu‘m Pederal Storase pfd 22 N Y Tel4%s...... 21 100% 100 100 |StLIM&SR&G4s. b5 94k 9¢ 94 6 88l ot CONPANY o Federal-American- Cg 8 7 | N ¥ Tel 63 41 106% 106% 106% |StL&SFpl4sA.. 26 87% B87% 87% | Union Pac4 2 Washington, " Name. CORPODRATION Eansion Monotybe it o 1016 1011 100 St a8 Praetis 31 88 ati swa | Vieginia Ry datBe. 3 1004 1004 1044 | M Gentt ey i | Zicnse sgnd e vl © 127 130 | NoAm 8 StL&SFprinbs.. 2 5 E 4 Shor s 45 1920, 107 100 |NorOhfoTr&L6s. 4102 102 102 |StLSW 1stds.... © 3 1015 101% 101% | EREG %iu?:"dn'gé«? Y Ot Capital Resources $3,400,000 : 1037 1043 | Nor States Powlcs - 31064 108 1064 | SuLS Weon qa il 9 0 99 ook (S9% | sinclair Gpiae’ ol 5yas 1638 {5 bbby SO - . 182 134 Pacific Gas & E1 5s. 10 102% 101% 101% | St P & KCShL 4%s. . 4 . R R. " al 24 JACKSON PLACE 12 P AT Iatne .. |0 105% 100t 1000 |San A & Arn B s, 1 90 80 90 | West Maryian 3 814 81 giw|Bisneens Ol N. Jerssy 6 1348 13 e it Wasn: Cony. " Pan-Amer Pete 65, 8 104% 104 104 |Seaboard AL 4ssia 1 75 75 75 |Western Md53 3 986 081 OBY| SWILE & Co. 55 1632 e isssss O Cities Service Wash. Mech. Mige. com i1 Paramount 68 1947. 22 100% 100% 100% 1949. 56 45 43% 43| Western Pacific 5 990 99% 90i | Union O Co. callf. §s"idsd.: Commeon stack Wash. Medical Blds. 'Cors 13 Pathe Exchange?s. 14 B3l 24 R2% SeabA Lcons.... 48 77% 76% 77% WestShore4s2361. 8 87% 86 86 ! westih NeC'pe S 35,1900 Ez"dividend, Rk " Pooples Gan b8, 1 1064 1054 105 SBAUFIa6s3A. 13 6% 08k 69% Wiks-BhEilstbs & 67 67 674 Wheelins leel Corp. 5%as 1048. 1 s . r “