Evening Star Newspaper, January 18, 1929, Page 14

FINANCIAL. NG STAR, WASHINGTON, D. C., FRIDAY, JANUARY 18, 1929. TRADING HEAVIST | " NEW YORK. STOCK EXCHANGE /i Open. High. Low. Close. : Open. High. Low. Close. Open. High. Low. Close. _ , —Open,_High. Low._Close. IN MERGENIHA[ER 45 46% 45 46% | Cructble St1(s). 933 90 93 lMucyCa (c2)... 179 179% 178 179% | Stromberg (3).. 54% 54l bd 831 83% 83% 83l [CubaCaneSugar. 5% 5% | Mad SqGar 1%. 20% 20% Studebaker(5).. % Abrahm&Straus 143% 143% 141 141 | Cuba Cane Su pf 17% 17% | Magma Cop (4). 69% 69% Studebak p£(7).. Ab&Straus pf 7. 109% 109% 109% 109% 22 22% | Mallison & Co. 37% 3% Submarine Boat. Prices Are Firm on Exchange | Ady humiey-c. 51 bi% 0 504 & he: '3 ' Supacior Gil.c. 10 ,|Steel Becomes Leader as Selected Groups Are : g h Steel Here—Pe: ople’s Insures Adv Rumley pf.. 60 60 60 60 |C " A 53;1;’:{,,,.‘? 850 Employes—Notes. Pushed Higher. We Will Buy F. H. Smith Ce. G. L. Miller Co. Bonds & Certificates MEHLMAN & COMPANY i Woodward Bldg. Mainsst? We Pay You 6% With - Guaranteed Safety 6 Our first mortgages over a Tnira (I 0 represent the highest of a Century’s S Imu 'J Ahumada Lead.. 3% 3% 3% 3% 3 34% ‘ Alr Redctn (13). 109% 109% 107 108 | Cutler Hammer. 6. E 39 Symington Cl A.. Afax Rubber.... 104 10% 10 10 |Cuyamel Frult.. 70% 70% Marlan Ofl. 35 4 Tenn Copper(1). e e ah i 2% " |iDavienichem:. ‘e6u 167 s T o Texas Corpn(3). —_— Alllance Rity 13, 105~ 105 106 105 |Do|&Hud(8)... 1954 197% Marmon rts..... 5% G% o, Alliod Chema,.os’ 272 276 270 270 |DelL& Wit1).. 126~ 128 Muthieson (6) 189% T aTinew) S DU 1. RO Allied Gm pEci). 329 123 T3t 1221 | DM BG Wnpf. 58 68 Ma. it TRRicheE Megss Heavy trading in Mergenthaler Lino- | Allis-Chalm(7). 1854 187 DoveedRaaiety: 118 - 115" The Falr(2.40). . type featured today's session of the |Amerada(2).... 37% 37 Dome Mines(1). 9% 9% Tideéwater AsO! Washington Stock ~ Exchange. The [Am AgriculChm 21% 22% 21% Drug Inc(4).... 121% 121 LW ESGIRece) stock opened at 104, dropped to 1037 (Am AgriChpf.. 70 TI% 170 Dunhill (rtsyooe 10 10% TidewatrO(80c) mnd closed at Am Bank N(13). 125 123% 1264 120%s | Dubont (11).. . 503t 50515 PGS 8. e largest m prEd).. 61 61 61 1 - 87 imken R B(6). block to change Am Beet Sugar. % 18% 18%4 el S s e Tobac Prod (8). 5 Eaton Axle (3).. 66 70 Tobac Prod A(7) hands was 100 Am Beet Sug pf. 59 shares and the to- Am Bosch. . h 46% Eisenlohr&Bro.. 108 , 112% Tob Prod ctfs B. tal turnover was Am Br Sh(J1.60) Eisenlohr pf(7). 98 100 Tob Prod cfs(C) Eitingon(2%)... 37 38 Transcont O1l. .. 202 shares. Am Brown Bov. . Potomac Electric Am Brown Bopf 57% Eitingn pf(6%). 111% 111% Trico Prod(2%) Truax Traer. . Power 51 per cent o AmCan (14).... 115 115% 114t 114% | Elec AutoL (4).. 158% 165 preferred” " opened AmCar&Fay(6). 101 101° 100" 100 | Electric Boat... 1% 15 Truscon St11.20 at 108%, sold an AmC&FpI(7). 118 118 118 118 |BlecPow&Lt(l). 47i 48% Twin CityRT (4) 3% towss and then Am Chicle (2)... 49% 49 48% 48 | Elec PELtpf(7) 107 107 Twin City pf(7). Undwd-EI F (4) closed at the open- \ :',:gh'°l°(;;’:' X e 1k 1 R ol ing price. Forty Drug (60c). 10% 10% 10% 10% [ End- e n Bag & Paper. The opening was higher, but it was : shares of Railway Aui BbcauT(a). 80 S92 se 91 flSHEEUDSURL). Union Carbi) 1ot until well toward noon’that United 5 —always with the & Electric pre- o RO T R S Sl Un Of1 Cal2). States Steel, coming to the front, view of serving the owner's :cnréu:nzolgh::_eggé? Am Hide &L pf. 35; :m; lg;,, 13;,7 EquitableTr(12) Union Oil (rts crossed A74 to a new record high. Once best interest in the long run. National’ Siortgat Am Home Pr(3). 76% 76% 76% 76%[LriORR... & Investment pre- AmIce (1236)... 404 40% 394 40 |Erie1stpf...... e~ pitores g Am Internati(2) 149% 150% 147 1473 | Bureka Vac (4). 5%, Am Internat(n). 76 76 T4% 74% | puirbanks(3) Th the bond division Chestnut Farms | Am LaFr&Foam 814 8% 8% 8% | paqiiont (ni40) Dairy 6155 sold at 107, Washington | Am Locomot(8). 109% 110 109% 109% | pederal M & & Railvay & Electric general 6s at 102Y, [Am Ma&Fy(4). 180 180 178 179% | wed Mot T (800 . Chesapeake & Potomac Telephone of | Am Metals(3).. 697 69% 68% |-m e m( W a5 at 10375 and Potomac Elec- | Am Metals pf(6) 121" 121 121 121 | pisencs Sone co. g or Tt 5 at 100, Only one |AmNatGaspe? 97 97k 97 97k | ien warmii o) Sock In the entire list is now_being | Am iy 15% 1o% 14% 1e% BRI, o, quoted ex dlvid%ng. that I;Pr‘l?g( wa:sh; Ao EaL ?m.. A ;‘l):: & 8| Fisk R 1stpf ev. ".‘gt;’n Al e, AmPELpstas. 81 81m 81 s1% | Lioichman {3 80 whole was u y quiet. AmPO&L pf(6)) 1004 100% 100% 100% | Euorsnelmn (Ade- o2 &8 66 Peoples Insures 850 Employes. Am Radiator(5) 2051 206% 204 205% | otamsnee 12y ). a5 - Gt M H. Gibbs, president of PeoplesAm Ry Ex(6)... 132 133l 132 133 | poyndation Co.. 48 48 Drug Stores, Inc., reports that his com- 59% 59:/‘ 59 59 | mox Film A (4 9% 99% pany has_entered into an agreement o SRiobE - 89% Tl% 69% T1%|prank-S pf(7).. 110 110 Tith the Equitable Life Insurance So- A Shipbldgi8). 93 93~ 93 98" | freaportT (4).. 51 524 ciety to provide life and total dis-|AmSm&Rer(h). 6% 97 95 Fuller pr pE(8).. 1024 103% ability insurance to employes by a group | Am PI(T). 187 137 137 insurance contract under which the |AmSnuff (12)...205 205 205 Gabriel SnubA.. 26% 26% drug chain underwrites a_substantial | Am Stl Fdys(3). 72% 728 71 Gardner Motor. . 16 portion of the premium. The plan en- | Am St Fy pe(7) 1113 111% 111 Gen Am Tnk(4). 9714 ables employes to obtain insurance | Am Sugar. 89 89y 88 3 8% Wwhich might otherwise be too expensive, [ Am Sumat: 58% 584 b7 57 4315 48 or for physical reasons impossible to ob- | Am Tel & Tel(9) 200 200% 199} 199% | Gen Cable . 89% 95 tain. The offer was made as a token of | Am Tobacco(8). 177 178% 177 178%4 | Gen Cable pf(7). 106 106 appreciation of the work done during [Am Tobac B(8). 178% 179% 1781 179% | Gen Cigars(4).. 674 68% the past year. Am TypeFo(8).. 148 148 147 1474 | GenCigars pf(7) 115% 1154 sistent with utmost se- curity. Every dollar you invest earns 6%. Prompt payment of 1 interest and principal. N1 Our books include type of investment con- Ezxperience BY GEORGE T. HUGHES. Special Dispatch to The Star. 8 il NEW YORK, January 18—With f ktide ‘stf::d 0;: ':hesmvlestm;n; callb;?r ?: I"V"tw“ ) | 6 Q‘;‘:‘!‘s‘ny%fn hg;:mw;n? mite ates teel an ennsylvani 0 \/l ° realize the soundness of J\‘,"" Apprecnate 0 Guaranty First Mort- Railroad selling at peak prices, the former at the highest for all time and the Ret\ll'l‘l g;gles an&: h?:l‘; d:uwci:g their surplus the latter at the highest in a quarter of a century, traders in the stock mar- ket resumed operations for the rise on a huge scale today. smls:)u l!ha le;der Wnll the nrura —on the property you noon. p loss orders were uncovere on the way up and at 2 o'clock it place under our mamage- :ll.! lup nlm}m I pc‘imst.h Alm::hsr sxpec- ment. We know when it acular performer in the late dealings i was Vanadium. Money held at 6 per || i® economy to spend, and cent all day. is profitable to Maytag (12). Maytag pf(3). .. » | Melville Sh 1.10. Mengel Co. MetroG pf(1. Mexican Seab. .. us to earn 6%. How about you? Denominations from $250 up. Short ma- turities. 0 Send for Booklet, “The i 1 Mid-Cont pf(7). 120% Middle States. 45 Mid Statesctes.. 3l Midland pf(t12) 250 Miller Rubber... Minn & St Louis. Minn StP&SSM. M St P&SSM pf. MStP&SSM 11(4) Mo Kan & Tex. . Mo K&Tex pf(7) Missour! Pacific. MoPacific pf(5). Mohwk Car 2%. Montgom Ward. Moon Motor.... Mors&Esk(3%). Mother L (40c). Motion Pic Corp. Motor Meter A.. Motor Prod(2) Motor Whi (2) Mullins Mfg. Munsingwr (3 Murray Corp. Success Plan” REALESTATE MORTGAGE & GUARANTY CoRPORATION Capital Resources § 3,400,000 24 JACKSON PLACE Union Pac(10).. 219% 9 217 4 | the movément got under way offerings Un Pacific pf(4) 312 | seemed to disappear. More or less this Unlon Tank(5).. was characteristic of the market. A Utd Biscuit 1.60. buying wave having appeared imr any Utd Cigar St(1). one stock, rail or industrial—mostly the Utd Cgr St pf(6) latter—traders made haste to “get Utd Elec Coal... e aboard,” and few were so daring as to Utd Fruit(t5%). fight the advance. In other words, the Utd Paperboard. bear element retired from the field. US Cast Ir P(2). et Fo) Large Blocks Change Hands. U'S Distributing U S Distrib pf(7) Dealings in various specialties were in U S Alcohol (6). extraordinarily large blocks. For in- S Leather.... stance 12.000 shares of Postum were S Leathr A(4) 3 taken at 76, and then a block of 5,000 S Realty(4).. shares changed hands fractionally S Rubber..... higher, after which the price crossed 77 S Rub 1st pf.. for a gain of some 2 points on the day. SSmelt(3%).. Gold Dust was put up in similar fash- U S Steel(7).... 1 jon. In the first hour one lot of 7,73 88teel pf(7). . shares was bought and later one of Uni Plo 1st p£(8) 6,800 shares, in each case at higher Un'vl}zt-&lfnd quotations. Johns-Manville performed util Gl sensationally, jumping nearly 13 points Vanadium (14) 77 214 106% 1117% u; til}nle en-‘ly trading and holding most Van Raalte. . 34 34 |of the gain. L sncfi (énemu 2 W 91% 91% mrne sttr;lkindz feutgr? Inpthe x?urnfli Nat Ry Mex 2d.. icksbg S&EP(5) . 100% 100% | list was the demand for Pennsylvania. Nat Supply (18). Y% 13 Vietor Talkg(4). 148% 149 | Recommended publicly by one of the Nat Surety (5). Victor pr pf(7).. 112 4 112% | largest investment houses in the Street, 1;»: Tdea::l)..“.). a 3 ¥ ar(o:;?rsl;m = 3 2;&. the afick ngs;ledlwduy at 82, tllile high- Nevada Cop (2). Y 2% | Va-CarCh 6%pf. 6 637 . It was ver: ME Gibbs said that new employes will | AMWW&EI(el). 73 75% 731 754 | Gen GREIA(12) T4 74% N Y Alf Bri3). - Va.Car Ch p(1) 51" | inder this level.cogisnw;yw:; ;:ef-‘!“:; be eligible for the insurance after a AmWWIst pf(6) 9915 991 991, 991 | Gen GEEI B(t2) 100 100 N Y Central(8).. Vivaudou Co.... 13 3% 13 13 |around to the idea that the Pennsyl- brief period of service. At present over Am Woolen..... 25% 25% 25% 25%|GenG&EIA(8) 124 124 2 N YDoCK.eososs Vulcan Detin. 54 | vania would offer rights to shareholders 850 employes have been insured and the [ Am Woolen pf.. 55% 55% 55% 554 | Gen Eelectric 16. 239% 242 N Y & Harlm(5) Vule Det p£(7).. ; % 95 |to subscribe to new stock rather than Sotal amount covered by the plan is in | A Writ Pactfs 125 12% 12% 12w |GenElecsp(6oc) 11% 11% NYNH&Hart(4) Wabash 3 73 |sive them a higher dividend. excess of $2,000,000. Am Writ Pa 6 pf 43 43% 43 437 )| Gen Mills (3)... 87% 89% NY NH&H pf(7) w‘b :n"t'k'('s‘)' . 57 Other Rails Ad Peoples Drug Stores, Inc., was estab- | Am Zinc. 40% 421y 40% 404 | Gen Millspf (5) 98% 981 N Y Ont&Westn WAMBEECL iR s. =5 o Mshed by Mr. Gibbs in 1905 and has | Am Zine pt 105% 106 105% 106 | Gen Motors (5). 199% 199% N Y Railways pf Wakn ot 65 2o » . Other ralls which worked higher at steadily grown until today the com-|AnacondaC (6). 121% 122% 119% 119% [ Gen Mot (New). 79% 79% N Y Rys part cfs WalwoLtn 1.6 : 12 1041 | one time or another included Baltimore s bperates 97 stores. located in | AnChOr Cap..... 564 56% b5% 56 | Gen Mot deb(6). 109 109 N Y Sim pt(6). . L ey & 24% | & Ohlo, Rock Island, Norfolk & West- 915 F St. NW. ashington, Virginia, Maryland, Penn- | Andes Copr 76e.. 504 51 ~ 49% 49%|Gen Mot pf(7).. 125 125 Norf & Wn(110) Ward Baking B 2 20:" ern, Erie first preferred and Missouri sylvania, Ohio and West Virginia. It is [Archer Dan (4).. 105% 105% 104 104 |GenOutdrAd(2). 33 334 NorAm b10%stk Ward Bak BE(7). 86 v, | Pacific preferred. There Were ,no sud- = = ertimated by officials that the volume |Armour Delpf7. 93 93% 93% 93%|Gen Ry Slg(5).. 95% 97% North Am pt(3). eree S b 1 56% | den uprushes in the rails as there were of business for 1929 will reach $14,-|ArmourIll(A).. 16% 17% 16% 17 |Gen Refrac(3).. 76% 17% No Germn Lloyd Watnér Broa 5t 2 Zow|in the industrials, however. ©00,000 Armour Ili(B).. 8% 9 8% 8% Gillette S R(c6). 119% 119% North Cent(4).. i : 4w Sh| In the metal group International 1 e 4 ¢ 38%!| Nickel was the star performer. The Armour 111 pf(7) 84% 85 84%% 85 ‘mbel Bros.... 45% 454 North Pac(6) 2 Undersecretary Mills to Speak~ |Arnoid Con&Co 37% 375 37 37%|Gimbl Brpf(7).. 89 89 Nor Pac cfs(6) Web & Holl: 1o 2 28 [new stock opened at a new high, up b over 5 points. It continued to Chairman I. J. Roberts of the insti- | ASsoDryG(2%). 65% 67% 65% 66% |Glidden (t1%).. 43% 44 Norwalk Tire... ” tute forum committee announces that|AssoOil(2)..... 45 45 45 45 |Glidden prpf(7) 104% 104% 4 (b LR 1014 | forward as the day progressed. THE RETURN TO Ogden L. Mills, Undersecretary of the | Atchlson(10)... 199% 200% 199 200 |Gobel (Adolph). b4% 56% 0f1 Well Supply. d il e 107 | only explanation offered was Canadian Preasury. will be the speaker at the|AtchT&SFeris 1% 1% 1% 1% | Gold Dust (new) 79% 81% Ofl Well Spt.... LS L e 109% | buying. SAFE INVESTMENT ext meeting to be held on Wednesday, | Atl Coast L(110) 172% 1723 172 172% | Goodrich(4)-... 1004 101 omnibus. ...... o bl 115% | ¥ Gopper shares were steady around the A bruary 6, at the Raleigh. His subject | At Guif & W1.. 41% 41% 40% 40% | Goodyear Tire.. 1314 133% OppenhmCol(1). o s : 8% | preceding close. Expectation that Ana- and 6%—the Highest Rate of Interest will be “Federal Financing” Instead of | Atlantic Ref(1). 63% 64 62% 62% | Goodyr 1st pf(7) 103% 1034 Orpheum pf(8). o aarlang. conda would make an offer for the Compatible with Absolute Safety. The usual dinner the meeting is to begin | Atlan Ref pf(7). 116 ~ 116 116 = 116 |Gotham H (2%). it Ti% otis Elev (6)..... bk g minority holdings in Chile was the in- oF SOHSR at 8 o'clock and be followed by a buf- | AtiasPowder(4). 108 111 108 109% | Graham-Paige.. 50 50 Otis Steel...... est Pacific. . centive in the copper group. St. Joseph ILD and vivid stock speculation al- . & plan that has been adopted | Atlas Pow pf(6). 106% 106% 106% 106% | Grhm-Palgects. 46% 47 Owens Bo L Lead, which had gone up more than ways attracts thousands of othérwise ers’ mee with marked suc- | Austin-Nichol &% 8 8% 8% | Granby (6). 8 Westhse A B(2). 10 - points _yesterday, soared 4 more conservative le—but al: ith Doltife. (0, sl naw: penk: nserv peop ut always witl the inevitable return to SAFETY. It is far better to take 6% return on your investment, and get s¢, than to tamper with B: F.. SAUL. €O. Main 2100 925 15th St. Ogden L. Mills. Nash Motors(6). u Nat Acme(sta). U Nat Bellas Hess. 2 3 u u Natl Riscuit(17) Nat Cash Reg t4 103% NatCash Rrts.. 1% Nat Dairy (33).. 130% Nat Dept Stol Nat Distillers Nat Distillers Nat Enamlg (1) Nat Lead(5). Nat Pow&Lt( Nat Radiator... JOHN JOY EDSON, President WALTER S. PRATT, Jr.,, Secretary Organized 1879 49th YEAR COMPLETED Assets ................$5513,051.63 Surplus & Profits......$1,601,704.98 Subscription for the 96th Issue of Stock Being Received Join the Equitable’s Systematic Savings Plan Lay the foundation now for financial independence. You'll find the Equit- able’s systematic plan of tremendous help in accumulating money. Come in and let us tell you about our plan. Paclfic Coast Pac Coast 1st Pacific Gas(2).. Pac Lightg (3) Pacific Mills. . 88 8 cess. Working with Chairman Roberts | Ausun-Nichpf.. 41 41 41 41 |Grand F&W (1). 80% 80} Vi on the committee are Fredericz H. Cox, | Auto Salespf(3) 39 39 39 39 |Grand Unon.... 28',: 29” el L L Money renewed at 6 per cent, and Commercial National Bank; Harold W.| Grand Unpf(3). 51 rnside. Riggs National; T. Hunton | Bald Loco pf(7). 119% 119% 119% 119% | Grant W T (1), 119 g‘\th. Security Savings & Commercial, | Bulto & 0(8) 121% 122 121 121 |Grt North pf(5). 108% 108% Westhse El rts. . White Eagie(2). there appeared to be concern on that account among traders. They paid no White Mot(1)... wmz: Rock ()3)4 attention to the increase of $71,000,000 and Miss Ruth Lau, Riggs National. Peyser Again Heads Corporation. ‘The annual meeting of the stockhold- ers of the Bankers' Consolidated Cor- poration was held at the office of the eompany, 1518 K street northwest, on Tuesday. These officers were elected for the coming year: Julius I. Peyser, president; Fred Mc- Kee, vice president and trust officer; Milton Strasburger, counsel; Benjamin . Adams, treasurer, and Jerome P. tary. ‘The foregoing, together with E. Stuart Poston, were elected as the board of directors for the ensuing year. Bank Mails Dividend Checks. ‘The Bank Bnei Brak, a commercial bank in Palestine, through its Ameri- ean office of the People's Life Insurance |. Building in Washington, has just mailed eut dividend checks to 1,000 stockhold- ers throughout the United States for the second successive year. Arthur M. Schiller, the secretary, is also sending out a statement comparing the state- ment of condition on September 26, 1928, with that of September 26, 1927. The bank reported an increase for the year of $41,267.18. Cash on hand, Soans, securities held, capital, reserve #unds, deposits and profits all showed marked gains during the year. Railroad Valuations Discussed. An interesting pamphlet on the *Valuation of Railroads” has just been Pac Ol! Stubs. .. Packard Mot (3). Pan-Amer Pet B Pan-Am Wn B.. Panhandle. Paramount. Park & Til(13) Park Utah(80c. Pathe Ex Balto& Opf(4). 79% 79% 79 19 |Gt Nor pf o s 1067 Bank of Com 120 870 880 810 876 |Gt NoOw cte2ac. S sor Barker Bros(z). 30 30% 29% 29%|GrtWnSug2.80. 40w 407 Barnet Leather. 25% 25% 25% 25% | Greene Cana(6) 174% 178% Barnsdall A (2), 43% 43% 43% 43%|GuantanamoSu. 4% &% Bayuk Cgrs (2). 106 106 106 106 |Guif Stat StI(4), 73 7375 B iy, oy M 3 2 |Guirsatsn. 108 1084 Belding-Hemwy. 13% 13% 13y 13y | Hacknsk W(1%) 26 26 Belg NRDI(16). 8314 831 8315 83y | Hack Wof(1%) 28 28% Best&Co(3).... 86la 61, 86) 86l |LahnDeptStor.. 54 54 Beihlehem Steel 83% 86% 83% 86t | HahnDSPL6%. 113 113% Bioomingdale... 43 43 43 43 |HartmuB(lz0). 33 33 Bon AmlA(4).. 8% 86 85% R roedne e SR Helme Geo(17). 111% 111% Booth Fish 1 60% 63% 60% 63y [Elershey pfid).. 83% 83% Borden Milk(6). 194 195% 194 194 |HondFur(2%). 49 49 Briggs MfgFCo. 58 68% 56% G6% | Homestake(tl). 75k T5% British Emp2d.. 6% 6% 6% 6% | Householditd).. 77 Brockwy Mot(4) 67% 681 67y 681 | HoustonOll s Bklyn-Man(4).. 74% 74% 73% 74 |HoweSound(4).. 70 BklynUnGas(5). 185% 186 185 185% [ Hud Man(2i4).. 5d% 54% BiownShoepf7.119 119 119 119 (HudManpf(5).. 84 8¢ Brunswick B(3) 54’ 55% 53% b3y | Hudson Mot(6). 86 86 Bruswick Ter.. 43% 444 42% 43y [HUPPMot(f2).. 80% 8% Bucyrus(1)..... 39 39, 3814 39 |[IlinolsCen(7).. 142 142 Bucyruscv(2%) 475 4T% 47% 474|Ind O&Gas (2). 31% 32 Buff&Suspf(4). 57 57 57 57 |Indlan Refining. 33% 33% Burns BrosA(8) 121% 121% 120% 120% | Indian Refg ctfs o31% 311 Burns Bros(B).. 33 34 33 34 |IndustRayon... 135 135 Burroughs(t4). 236 236 234 2354 | Ingersoll-R(t6). 126 130 Bush Term(g2). 8l 81 79% 80 |Inland S(k16%). 86% 89% Bush Ter pf(7).. 116% 116% 116 116 |Inspiration (3).. 4% 45%n ButteCop&Zino 8% 8% 8% 8% | InterboroRapTr. b2% 52% Butte&Sup(2). 10% 10% 104 10% | InterconRubber. 124 12% Butterick Co, 39 38 39 |InternatAgri... 16% 17 Byer & Co... 160% 168% 169% | Int Ag Ch pE(7). 8415 8i% Byers A M(rts). 15% 15 15 |Intl Bus Ma (5). 150w 151% By-Products(2). 121% 121% 119 120 |IntCement(4).. 91% 9% Callf Pack(4)... 5% 76% 75% 75% |intComEnge2). 79% 8214 Penn Dixie Cmt. Penn RR(3%).. People’s Gas(8). & East... Marq(8).. Pere M prior(5). Pet Milk (1%).. Phila Co pf(3).. Phila&RC&]1I. Phil Morris(1).. Phillips P (1%) . Phoenix Hoslery Pierce-Arrow. .. Plerce-Arrow pf Pierce Oil. . Pierce Ofl pf. Pierce Petrolm. . Pilsbury (1.60).. Piuts Coal...... Pitts Coal pf.... Pitts Ter pf(6). Por RicoToA(7). PortoRIcoTobB. Postum(3)..... Prairie Oll&Gas. Prairie Pips L... Pressed Stl Car. Pr Stl Car pf(7). White Sew Mach Wilcox Oil & G.. ‘Willys Ov c1.20. Willys-Ovd pf 7. Wilson Co pf A. Wilson & Co pf. Woolworth (6 Worthn Pump. . Worth Pump(A) Worth Pump(B) Wright Aero(2). Wrigey ((13%). Yellow Truck... Young Spring.. 59% 59% Youngstn Sh(5). 112 116% 112 58% 114 Hourly Sales on N. ¥. Market. 10:30 am.. 771,800 12m... 2,095.400 1:30 p.m. 3,196,300 2:15 p.m3,699,600 Dividend rates as given in the a d he above table he annual cash payments based on the latest quarterly or half-yearly decla: * Partly extra. I Plus 4% in stocl * Unit of tradins than 100 Plus 1/25 In, sto ahle Whencearned, e a j mix.;u Plis. 10% 1h st n_stock. stock. k Plus 1/1 tock. Unitea Clear Stores common s 1%% in stock . R of ke, iy m Payable 1/ s ook, b PI tions. Plus ares. tock. BANKERS MEET HERE. Prince Georges County Organiza- tion New Association. in brokers’ loans reported by the Fed- eral Reserve. Probably they paid no attention to the increase in the reserve ratio both of the New York Bank and of the reserve system as a whole, al- though that was favorable regardless of what view might be taken of the loan situation. ‘The only thing speculators were in- | terested in was the story told by the| tape. Up to noon the turnover was| larger than on any day in a week. NEW YORK BANK CLEARINGS. NEW YORK, January 18 (Special) New York bank clearings, $1,610,000,- 000; New York bank balances, $152,000,- 000; New York Federal Reserve credit balances, $130,000,000. Money to Loan Secured by first deed of trust on real estate ing interest and commission. Pre Joseph 1. Weller 5iril ' 4 5 _—— In Nearby Virginia 51/2% ln::Eg:::u(l:o. Commonwealth Investment Co. the possibility of quick wealth. SHANNON & LUCHS, INC. First Mortgage Securities Always 100% in Value Always Yield 6% First Mortgage Investments Teleohone Main 2345 1435 K Street Northwest 46 We Will Lend | You Money On Improved Real Estate in Nearby Maryland, Virginia and the District of Columbs At the Lowest The newly organized Prince Georges | |[| 917 15th St. N.W. County, Md., Bankers’ Association will have a dinner tonight at Hotel Hamil- ton in this city, at which representa- tives will be present from the Bank of Bowle, Brandywine; Southern Maryland Trust Co., Eastern Shorg Trust Co,, First National of Southern Maryland, Clin- ton; First Nnuogllkofmmnu]x}t “R-ll:‘lerr. Prince Georges Bank, First National of . Hyattsville and the Citizens' Bank, Grain Cotton Riverdale. Write or call for weekly market 5 letter. ‘W. S. Hill of Upper Marlboro is presi: etter. Woioliiaticis dent of the association and C. J. Park- inson, cashier of the First National at BUCK AND COMPANY Evans Bldg. 1420 New Yor: Ave. Hyattsville, is secretary. GERMAN BONDS AND STOCKS. Franklin 7300 Possible Cost Interest 5%%% For Periods of 3,5 or 10 Years BOSSEFHELPS Realtors TFounded 1907 Producers&R pf. Pubic SerNJ (2). Pub Serv pf(6) Pub SE&G pf(6) Pullman Co(4).. Pure 011 (1). Pure Oil pf(8 Purity Bak(3).. Radio Corp..... RadioCo pf(3%) Radio (new).... Radio-Keith(A). brought out by the Washington office . 8 31, | Int Comb pr(7). 111% 111 of the National Assoclation of OWNers | Calv & A (6y. 125" 120 1200 1200 | Int Harv 2380, 96" " dim of Railroad and Public Utility Securi- | Caluatiee (21). ~48% 451 2o aor | 10t HArv pec7). . 144% 145 ties. It is a non-technical discussion |Can pry (t43). 80 80 79% 79% | [NLMChDL3.20. 98 984 of the development of a great regula- | Gan pasific(iny, 238 244% 238 243 | Int Mer Marine.” 64 6% tory problem and is inspired at this | Ganon Mills 2.80. 41% 477 —47% 47 | Int Mer Marpt.. 3744 87% time because of interest in the O'Fallon | Gase Threshe(8) 480 - 4895 480 - 48ge. | Int Nicklof Can’ 63 64% ease, known as the million-dollar 1aw- | Cage Thr pt(7).. 125 125 125 125 |INtPaperpf (7). 90% 9l suit. The case was given oral argument guirre(2). 38% 39 s 387 | Int Pa&PoA2.40. 29% 30 Defore the United States Supreme Court | Cent Alloy.2).. 475 48% 47 47v |Int Papr&PoB. 16% 16% only a few days ago. Bankers and |Cent Alloy pf(7) 111% 111% 111% 1117 0t Papr&PoC. 11% 11 others interested in the valuation prob- | erro de Pas(5). 1047 105~ 103 1033 1Nt Pap &Pw rts. m can obtain the new booklet from | Certain-teed Pro 24% 24 247 2414 | Int Pa&Po pf(7) . P. Artaud, head of the research office, | Cyandler-Clev.. 2213 23 2215 223 | Int Rys Cen Am. the Mills Building. Chandler-Clpf.. 39% 40% 39% 40 [IntRyCApf(5). Mount Vernon Elects Officers. sl M) ok . o Organization of the directors of the S e o e, % " Mount Vernon Savings Bank for the | Ches& Olo(10) 213% 218 213t 210% | [0t Tel SISt e coming year, late vesterday, resulted in | S O COrbn(3). - s 34 2 fgv‘ Intr Dep § pL7- 140 Rem-Rd 15t(1) the re-election of these officers: R.|Ghi g Alion o Tow | intertype(t13). 29 29 Reo Mot (1) Special Dispatch to The Star. Golden Donaldson. chairman of the|cy, qro, 19% % 20 |lowaCentral.... 4% % NEW YORK, January 18.— board; Claude H. Woodward, president | Gy G Went pr.. 487s 2oy |1sland Creek(4). 54% 55% 4% % 1% 11 ;i e E C. Davison and Frank W. Lee, vice |SPiMI&StE.. 304 5% | Jewel Tea (15).. 1474 149% 146% 1’}35‘!’;’.35':3; Ger Govt Red Loan with drawe e e e ChiaNwn (4),. ‘201 80 80" 60 |somaa ANy s 3% 10 120" RhineWE(1.92) . o o0 B ot 5 g ler; 3 ohns- 1(2). i nuflngmlfi.flgggef: assistant cash- | SRI&NWA DI 136 136 136 136 |Jones& Lau(7). 121% 121% 121% i fers, and Hayden Johnson, counsel. Chi Pneu ":‘en‘e:v). 1;’3 yfi l;fi l;i b e S e S Rossia Ins 163 Continental Employes Insured. ChiPneuTlpf.. 55 554 55 bow|KanCitySouth. 93% 95 93k Royal Bak P(1). Chi RI&Pac(6). 133% 135 133% KanCSopf(4).. 68% 68% 68% Royal D(a3.222). An increase of 50 per cent in the | CI (6). 133% 6 186 ) e DS 1%, 30 30 29 amount of group life and accidental [CR1&Ppr(6). 101% 100% 101% 101% | iayner 3(5) 84k Bdl 3% Sateway (3). death insurance provided for employes | Chickasha(3)... 47 47 47 47 | o8, T, a2 of the Continental Baking Co. was an- | Childs(2.40).... - 874 87% 86% 87 | ge)iy gprin 2% 20% 22 22 ; nounced today by William Jorg, mana- | Chlle Coppert3). S Ao B - B8 | Cels Hayes(z).. 48% 495 SUL&SanF pf(6) ger. from the Washington office. I o LRl wivindtoeicory, A5/ 1) StL&Southwest. The cost of the additional insurance | €1y Stores(ris). B4 Bu B4 8| Kennecott (8)... 155% 156% (| Savage Arms(3) will be borne entirelv by the company, | Cluett:Feates). 714 Thu T Tl 1 \inney (G R)... 6% 564 Schulte (§3%) wnd it will be available to all employes Cocl-Co‘l‘-(?]:... 161 5:/. 5} 171 | inney DL(8)... 96% 96% Seab Alr Lin of one year's service, as well as to those | GRS EEWID 82, 03 08, OF, | Kolster Radio. . Ti% T4 Seagrave(e1.20) . insured in the previous group insurance | Col & ANCDI(T). 204 35 90 984 | iratt-Pho14). 36% 374 Sears-Roe(123) plan, under which the company and the C"l&"s'omh;‘(’”- 148 ats ais “,"' Kresge St(1.20). 85% 8bl Seneca Copper-. . jemployes share the cost, the announce- | &8 ¢ BO8te o) 109, 148 146y 146% | Kresge SS pt(8) 112 1124 Shattuck FG(2). "ment stated. et ney Y50m oox 60w 'Gow |EresgeDepts.. 22 a2t Shell Un(1.40). i “Under our new insurance program, |29} GRSA7E ON. (OO Fe | U8% 1053 | Kreuger & Toll.. 421 424 Shubert The(s). 3 s o ARG e smctioauie’ of ‘benents ie based or Columbia Graph 8w 85% ot goig | Kroger Gro(e1). 115 115% el RUGCIR Rarstaat i ries, W e : 5 mmsPet (1. ":;;éflaym]s:‘maxlmum of $2.500. and the (zolCIl'bol‘l 14%. 131 l:llW 130 lfl():[. Ltgooll....l.. .. ?g’/u :’:‘I‘h 4 | Sinclair Ol .. e mounts Tor accidential death and | Com Cred(1)... B6% 56% 66 56u |Lambert ({7)... 1203 1 4 | Sinoiate DE(3), SHORT-TERM SECURITIES. Skelly O11(2)... a . g:ou-g::u‘n_’.).. 3 e e R i - L said when we are em- 08s- pI(7). 2 v i & . Snider Packg Co Allis. Cléal.mo;x' Co. : 55 H‘I!'l‘.._ 100 }33-; pow ered to act in ‘Tel. Co. 4s 1 s Vg " | Com Cristpf 6% 102 102 102 102 |LeeTire& Rub. 24 24 ismemberment benefits,” Mr. Jorg sald. | SEREIIR G "o To7 o7 o7 [Len PorCmtzt 60 60k Snider PKg pf. .. y er. Tel. 99 . vith ne " . | Soror Ricaid)., 4on Balf & ohio $as"igd3 gg:;; Executorshlps Frigidaire far greater than any previous year, South Calif Ed.. Bellnel of Canada b¢ 1 s 103 || Trusteeships and Buck & Company BROKERS Established 1916 Stocks Bonds 1417 K Street Remingtn-Rai Mein 9300 Loan Correspondent John Hancock Mutual Life Insurance Co. 278 Hamburg 4%as X . (Quoted_in doliars ‘Der thousand marks.) German Gen /28 DI T 22.00 35, SELLING FRANCHISE Frigidaire Sales Corporation offers an A E G (German Ge Elec.) AE G (German Ge Ei) ofd B unusual sales franchise to a few high-grade men, preferably married. The automatic refrigeration business is the fastest growing large industry today, and its growth is exemplified by Frigidaire Corporation, a subsidiary of the General Motors Corporation, which has sold more equipment than all other makes combined. Our “definite 1929 expansion program is now formulated. New and improved products with new low prices make the demand for HE LEFT HER IN SAFE HANDS —that may be truly o b on BaBu528285! $3333333333338 5233333333 83233333333333%51% ., Heard in Financial District. Com Inv Tr($4). 150 151% 150 150% Lehigh PC pf(7) 109% 109% Galitornia. Pei.’ Corp with a potential sales market almost without Com Inv (war).. 39% 39% 39% 89%|LehighVai(3%). 99 ‘The class in credits at the AmHICAR | Gom Solvats(8). 234 236~ 234 236 | Lehn & Fink(3). 64% It hdwara J. McQuade, with a 126% 124 125% | LifeSaviLg0).. 3ls 3L - > . t 83% 3t 84 g Myers( Y handsome fountain pen desk set at the | SRl n Rair bos 30% 29% 29%|Lig&MyrsBt5 93% i M ‘ CGanadin Rwy. %48 Oth imit. 74 g o8 er lrusts 7 : o & Ohio h A The Washington Branch will now inter- Golorado & So. Ruy. 4 —the same intelligent view men who are really sincere, aggressive Qudahy Packing Co. sigs 1037 98! care we exercise in the and ambitious in their desire to effect a per- Gen. Mot Accep. Corp. B | investment of our own manent and profitable connection. Stand Com T (1). Goodyear T. & R. o funds would apply to final examinations ending the first . | Liq Carb( t4%). 109 semester. Congiograis).s 81 82 (41 gp |LINESsBUIRAD. LD, v 5 SWGEE (3%4). ; i ik Cands the investment of your Apply in person to Mr. Watson, Std G & E pt(4). o s funds. : W W Marlow, cashier of the Second | Consol Cgrs (7). 95 95% e b 7| 8td Milling (8). National Bank, who is confined to his | ConCigprpt(6%) 95 95 Std Millg pf(6). NATIONAL BANK v ia, has passed the | Con Film pf(2). 27% 28% B v esna sta) 10 111% 109% 110 9914 Std O of Cal(13) e Onien o Fifteenth and Eye Sts. SouRyM&O cfs 4 8 8 0% 0% Spang Chalfnt. proving. ConsolGaspf(5). 99% - William H. Baden, trust officer of | ConRRCuba bf § 68 i the Washington Loan & Trust Co.. will | Consol Textile. . 6 R Sddress group 3 of the Virginia Bank- | Container A 1.20 22 e g ¢ Association, tomorrow morning on | Container B 60c. 10% e L “Life Insurance Trusts.” Cont Baking A.. Lo Luodlum St1e2).. 84% David Baer was added to the direc- | Cont Baking B.. 13 19 s e i ance | Cont Bak pf®). 94k 94t 85. torate ol Hhe e e "annusl | Contl Can (25). 61% 60% | Me Call Corp(4) 76 Cont Insur ). 93% 92% | McCrory A(2).. 108% Service Corporation at the ek 27 B(2).. 105% 2 . M. P. Murphy | Contl Mot(80c). 27% 27% | McCrory B(2).. &Co R e nand indicating that | Corn Prod 13% . 87% 8T 87% | McKeespt Tin Pl 73 Frigidaire Sales Corporation 511 14th St. N.W. most_critical point and is slowly im-|Comsol Gas 3).. 1 99% 99% | Lortilard Co. il Co. 5n 1 StdOIINI(t1%). Sinclair Crude Oll S%:s 1934.. s 1929 StdO{INY(1.60). fouthern Pat. R. R. 4 8T ass pf. i o." 58 w3 - apf(7). 143% 143% 143 143 | McKes&Ro1.60. 49% StdSanPro(1.68) Union Ofl Co._ Calif. ‘85 '1935.. thfip;' °::;grrlfl"¢|rfi°}x‘;eg;\ke‘:a ’:n g::: fn'é’ (2'3__,)_ 71% 178% 76 76 McKsnpfA3l%. 57% b67% B7% 574 Stanley Co...... 40% 40% 40% i‘v’:fiffihoflf‘i‘.‘ ‘Cn‘.‘ l‘- 1944 1 i'u Diesel engines for arplanes, CrownWP1stpf7 101% 101% 101% 101% Mack Truck(s).. 106} 306% 106% 105% Stewart-War(6) 140% 142 138% Wheeling Steel Corp, 5