Evening Star Newspaper, January 19, 1929, Page 21

i\ . ‘0 t ASHINGTON, 1. C., SATURDAY, JA UDARY 19, 1979 . CONVERTIBLE BOND | Cexox o BONDS o scave] ISSUES ARE HIGHER Market Tone Is Firm in Light Trading—Anaconda 7s Gain. BY CHARLES F. SPEARE. Bpecial Dispatch to The Star. NEW YORK, January 19.—While trading in bonds was in relatively small volume today, the undertone was firm and the trend slightly upward. Convertible issues, as they always do, moved with their respective stocks. The feature was the buying of the new In- ternational Telephone & Telegraph 41s selling on a when-issued basis. They moved up over a_ point in the early dealings, with a large turnover. Anaconda 7s started in today at 197, up 4 points, responding to the rally in the stock. In the foreign list Pirelli Co. of Italy convertible 7s were in ac- tive demand, gaining 3 points. This issue is convertible into the corpora- tion’s series “A” stock at $40 per share. Interest was also taken in Fiat 7s without warrants, which sold again above par. There have been uncon- firmed rumors from time to time that these bonds would be called for re- demption. Good buying was secn also in certain of the more speculative domestic rails. The leader was St. Paul adjustments, selling around the best since they were issued. It is expected full interest will be paid on these bonds this year. Sec- ond grade rails such as Western Mary- land 4s and the Chicago Great West- ern 4s were moderately higher. So were the Towa Central 5s. in which there has been active speculation of late. Probably the market has been helped Received by Private Wire UNITED STATES. (Saias are tn $:.000 ) Sales. Hizh. Low. Close Lib3%s.... 12 98912 994 994 Liblst4%s 151001 1001 1001 Libdth4%s 89 1001 100 1001 US3%s43. 9 9712 uUss 1 9718 9714 9714 uUs 61108 110 1108 FOREIGN. Sales. High. Low. Close. Argentine 6s Ju 59. 4 100's 100 100 Argentine May "61. Argentine 6s Oct 59 11 100% 100% 100% 6 100% 100% 100% Argentine5'3s 62, 2 9T 96% 96% Argentine 6 1007 100'3 1004 Argentine 6s B..... 31 100 100 = 100 Austialia 4135 66., 13 58l 88 BRI |Australia 68 1955... 16 97 96% 96 Austialia 58 1957.. 12 96% 964 96 Austria 7 Bank of Chile 6%s. 29 99 9% 99 Bank of Chile 6%s. & 99% 9912 99% Belgium 6s.. .. 18 100% 1005 100% Belgium 7s 1955 11 108% 108 108 Belgium 7s 1956 26 106% 106 106'% Belgium 7%s. 8115 115 115 Belgium 8s. 3 109% 109% 109% Bolivia 7s. 3 94 9 94l Bolivia 8s. 14 104 10315 103% Bordeaux 6s. 99% 99% Brazil 618 1926 Brazil 615 1927 Brazil Is.. | Braz 8s.. Bremen State 7s... Canada 58 1931.... 1 100% 100% 100% Canada 68 1952.... 41 104 104 104 Canada 515 1929... Chile 65 ‘60 Chile 6361 Chile 7s 1943 Christiania 6s. ' i 3 5 95 5 100% 100 1 108% 108% 108% 7102 101% 101% 10 1004 100% 100t 93% 934 930 9 5 5 4101 1014 11011 l(‘l » 101% 9; 10itx Colombia 6s Ja: 50% 90% Copenhagen 4%s53 5 88 88 Copennagen 5sct.. 4 96% 9 96 Cubab%8......0ue l 103% 103% 103% Danish Munic §s B, 2 110% 110 110% Denmark 4138, 12 89 89 89 Denmark 6s. Dutch ast 1 68 47, Duteh East 1 6s Fiat 7s x war ,46 18 104% 104% 104% 4 1034 108% 103% 1 103% 103% 103% 4 100'% 100% 100% this week by the comparatively small amount of new bond financing. The total was $33,449,000, which is much above that of last week, when it was only $13,652,900, but is far below the corresponding week of 1928, when a total of $120,457,000 of new bonds were floated. Washington Stock Exchange SALES. Potomac Electric 6% pfd.—5 at 111%, 4 at 1113;. Potomac Electric 5! pfd—10 at 10815, 5 at 108, 5 at 108, 10 at 108. Riggs National Bank—5 at 578, 5 at 57812, 3 at 57812, 2 at 5787z, 1 at 580. Da.;:‘rm National Sec. Co. pfd—7 at 115 Federal-American Co. com.—10 at 55! Federal-American Co. pfd.—10 at 102, Mergenthaler Linotype—20 at 104}, 10 at 10415, 10 at 10435, AFTER CALL. Mel;g?nthaler Linotype—10 at 1043, 5 at 104} Potomac Electrlc 6% pfd.—10 at 112, 5 at 112, 4 at 112, Capital Traction—2 at 1063}. Wuhlngwn Rwy. & Eleclrlc 45—$1,000 at 893, UNLISTED DEPT. Commercial Club 1st 55—$500 at 88. Park Savings Bank—20 at 75, 10 at 75. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel, & Telga. 477 Bid, Asked. x%:’ < 03t 8 108" 102% 163 7 103%; Botomac Elec. cons. Potomac Eiec. ash., Alex. & M t. V. h. Ballo. & Amun 55 Washington Gas 5s. 0534 2 Ch hm !m Jomt Bkoei Title Co. 65 dman Park Hotel 5035 STOCKS. PUBLIC UTILITY. Amer. Tel. & Telga ital Traction Co *Rtccmboai Potomac Elec. 6% pid. Potomac Elec. 5'3% pid.. Wash. Rwy. & Elec. com Wash. Rwy, & Elec. pfd NATIONAL BANK. National Capital Columbia TRUST COMPANY. American Becurity & Trust Co. 460 465 Continental Trust 13 o Merchants' Bank. iso National Savings 530 Union Trust. 385 Washington Loan & Trust 540 SAVINGS BANK. Beeurity Sav. & Commercial Seventh Street. United States... .. Washington Mechanics. FIRE INSURANCE. " Md. ‘com ‘Cons. Title otd i ‘Wash. £ MISCELLANEQUS. Barber & Ross. Inc.. com. 5 Chevy Chase Dairy pfd.... 107 110 Chesinut, Farms Dairy com.... 217 = 227 Chestnut Farms Dairy pfd Col. Sand & Gravel ptd Commercial Natl. Co. pfd D. C. Paper Mfg. pfd.. Dist. Natl. Securities pfd Federal Storage pld. .. Federal-American Co 'com. Federal-American pid.. Lanston Monotype & Stor Finland 53%s. 6 90k Y0 90% Finland 7s. 2 100% 100% 100% Framerican 734s 3 106% 106 108'% French 7s. . 13 1075% 107% 107t French 73s.... 22 112% 112! 1123 German T7s. . 12 107% 107 107 Ger Gen Elec 7s., 100% 100% 100% Greek 7s... 1 973 97% 97l Hungary 7% « 110l 101 101 Italy 7s. 1L 97U 967 96k Italian Pub S 7s. 5 94ia 8 940 Japanese4s....... 12 92 92% 924 Japanese 6148, « 15 100 100% 1004 Lyon 6 T 99% 99% 99% Marseille 6s. 27 99% 9915 HoY, Milan 6ls. . 9 90 89% 90 Netherlands 6s54.. 12 100 100 100 New So Wales578.. 5 94% 91% 914 New So Wales58s.. 1 94l 91% 94l ord 6%s 8102 102 10 orway 53 1963. 8 9% 97 9 Norway 53 s, Norway 651943, orway 6s 1944, 6 101l 101'% 10115 5 102% 102% 1023 1 102% 102% 102% Orient Dev deb 6. 6 9TH 9T 9T4 Paris-Ly-Med 6s... 33 99% 99% 99. Paris-Ly-Med 7s 20 104 5 !03“ 1()4% Paris Orleans 5138, 10 95% 95% 95% Peru 6s 67 w1, 4 893 B9% 89% Peru 6s ctfs. Peru 7s.. Pirelli 7s " Poland 6s 40. Poland 78 (rets) Poland 8s. Porto Alegre 8s. Prague 74s. Rhinelbe Un 7.. RhineWst EP 6s'52 13 92'y 92 RhineWst EP 68’53 2 9675 96 967 RhineWst EP 7850 4 1015 101% 101% 89‘ 90 13 98y 984 1 106% 106% 106's 2 105% 1056% 105% . 1 103% 103% 103% RiodeJaneiro 6%s 7 95% 95 95y Rio de Jan 8s 1946 3 106% 106 106% Rome 63 36 9l V1% 91 San Paulo City 8 1114 114 114 Sao Paulo 881936.. 2 106 106 106 Sao Paulo 1950 Saxon (PW) 78 Seine 7s 4. 5 106% 106% 106% 14 99% 9y 99 « 10 1064 106'% 106% Serbs Cr 7 8L B0% Bl S01sS0ns 68000000 5 98Y% 983 Y8l5 | Sweden 6s 6 1023 1023, 102% Swiss bls 194 32 103% 103% 1038 Swiss Confed ¥: 1110 110 110 Toho El Pow 7s. 3 98% 98% 984 Tokio 5%s51961.... 6 89% &9 89% Utd Kingm 5%s 29, 11 118% 118% 118% Utd Kingm 5%s37. 7 104 103% 104 Utd SteamCopen 68 3 98 974 98 Uruguay 8 1 108% 108! 108% Vienna 6s°52...... 19 87% 8T% 87% MISCELLANEOUS. Abram&Straus 53%s 30 1165 116 116 AmAgriChem 7%s. 105% 105% 105% Am Chain 6s°33.... 9% 97N YT Am NatGas 6138’42 95% 95'% 95 An Smit & R 1st 3¢ 1013 101% 101% Am Sugar Ref 104% 104% 104% 99% 99% 99% 104% 104 104 10475 101% 104% 107% 107 1075 Y8t 98% 98k 105% 105 10b% 1973 196% 1967 92 91% 9% 924 91% 92 102y 102'% 102% 136% 135% 135% 99% 99% 99% 105% 105% 105% 100% 100% 100% Anaconda cv db Armour&Co4%s 39 Armour Del 5%s. Associated Ol §s. Barnsdall 6s 1940 Barnsdl 6s w 0 war. Bell Tel Pa5s B P r_we EL TS - ST S e Y Bethlehm Stl pm 58 Direct to The Star Ofice Sales. High. Low. Close. Utilitles Powr 5%s. 5 93% 937 93% Warner Sug 7s39.. 1 84 84 84 Warner Sug 7s41.. 2 106 106 106 West Elec 58,..... 8 103% 103 103% Westinghouse 5s... 10 105 104% 104% Willys-Ov 6145 33.. 5 102% 102 102 Yagstn S&T s wi. 3 100! 100% 100'% RAILROAD. At&SF evt4s05.... 1 90% 90t Atchison gen 4; 92 92 B&Ocviys 984 wR% B&Orfimpss.... 109' B&OPLEWY B&OSW5s50... B & O Toleao 4s. 81 Boston & Maine 5s. 9TH% 9Tm 0N Brdway&7th Av bs. 44 5 Brooklyn Elev 6138 Bklyn Mannat 6s Can Nat4%s30.... Can Nat 438 57, Canad North 7s. Canad Pac deb 4s. . Cam Pac 4%s 46. Car Clinch & O 5s.. Central Pacific 4s Cent Pac 1st 5s 40 Chesa Corp 5s w Cnes& Ocvilss Ches & O gn 4%s Chi & Alton 3s..... Ch B&Q gen 43 53. CB&Q4%s77B.. Chi&E 111 gn 6s 51. Chi Gt West 45 59. . ChiMiISP&Pac5s?5. 31 CMSP&Pacadj5s03. 194 Chi NW 4355 2037., 1 Chi & NW ref 5s... 2 Chi Rys 68........ 11 Chi R1&Prf4s... 79 CRIPacaleswi., 10 ChiTH&SE5s Chi Union Sta 6%s. Chi & W Ind cn 4s.. CCC&StL5sD. .. CCCa& StLrffsA, Conn Ny & Lt 4%gs. Cuba R'R 5s. Cuba R R 73%s..... Cuba Nor 6%s cts. Den & Rio Gen 4 D Rio G West bs. .. DRG& Wst 5s'78 Det United 415 astTennVa&Ga 55 Krie Gen 4s. . Erieconvds A, Erie conv 4s B.. Eriecvt 58 67 w 1. 5 101% 925 " monta=Sn Hrate s Fla East C 5s 74 1 Gr Trunk stdb 6s 1 Gt Nor 413876 D 2 Grt Northn 4%5s K. i Great North 5s. 1 Great North 5 4 Great Nor gen 7s. 11 Green B & W deb B. 35 Hud & Man aj s... Hud & Man ref bs. . 11 Cent ref 4s 111 Cent 4s 53. Lli Cent 4% 66 Int Raptd Tran §s.. Int Rap Tr 5s stpd. Int Rapid Tran 6s.., Int Kap Trans 7; Int Gt Nor 58 1956. Int & G Nor 1st 6s. . Int&GtNor adj 68 52 | IntRysCA5s72.. Int Ry CA 6l%srct. Iowa Cent rf 4s. lowa Cent 1st 5. Kansas City S 5s. Kan City Term 4s.. LehiVgen 4125 2003 Long Is deb 55 34. . L &N 4155 2003... Louls & Nash 7 Man Ry 1st 4s 90 Market St 7s 40 Minn & StL ref Minn & StL en bs M St P&SSM cn 45, MStP&SSM5s38gtd M StP & SSM 6%s. MK & T 15t 4 M K & T adj 5 MK & T prln 5s A, Mo Pacific gen 4s.. Mo Pac 55 A 6 Mo Pac 5s F 77, Mo Pacific 55 G '78. Mont Trm ref 53 41. New Or Term 4s. .. NOT&Mb%s . N Y Cen gen 3348.. N Y Cent 45 98. NYCentrtb N Y Cent deb 6s. ... YChI&StL 5%SA. NYChi&StL 5%s B. NYC&StL6sA. NYNH&H 4556, NYNH&H4%s.. NY NH&H clt 6: NYOnt W 1st4s NYR NYS S-cuCnun~aRenaen - w0 omwe rEaGeon = - [ = P PP TSSO S S g P e Northern Pacr i 6s. Ore Short L rfs 4s. Pennsyl gen 4 %s. . Penna RR4%5'63. Pennsyl gen b Pennsyl 5s 64 Pennsyl 6%s Pennsyl gold 7s... Peo & Elt 48 40 Pere Marq 1st 5s... Reading gen 4%s A St L 1M&S 48 29.... StL&SFpldsA.. StL&S Fra%ss. StL&SFoprinbs Seaboard AL 4s sta. SeabAL ad) 5s 1949. 5 Seab A L con 6s. S BAll Fla 6535 Sou Pacific ref 4s. . Sou Ry gen 4s Sou Ry Con 5s. Sou Ry 65 56. 103% 103 103 103 102% 102% Bethlehem Steel 6: 105'% 105 105% Certain-Td5 % srcts 80'3 80% Chile Copper bs. 9. 94% 94l Colon Oil 6s'38. 117 116 116% 26 99% 99% 99% 2106 106 106 104 104 104 2 8% T8 8 1 100% 100% 100% DatroitEdisonbs40. 3 102% 1023 102% Detroft Edison 6 2 107% 107% 107% Dodge 6: 109 104' 104% 104% Duquesne I*l l7. 1 100% 100% 100% Gen Asphalt 6s 36 5 107% 107% 107% Gen Cable 513547 5 984 98% 98% Gen Mot Ac Cor 6s. 7 103% 103% 103 Goodrich 6%s. 4 107'2 107 - 107% Goodyear 5s rets 18 93% 93 934 Humble O11 5s. 7 100% 100 100% Humble O & R5%s. 1 101% 101% 101% Illinois Bell 1st 6s.. 7 104% 104% 104% 11linois Steel 4% 7 98% 98 984 Inland St1 4%s'78.. 5 93 92% 93 Intl Cement 55 48., 19 112 111% 112 Intl Match 5s 47 17 98% 98 98 Int Paper bs 47. Inter Paper 8 96% 95% 96% Int Tel&Teleg 4%s. 8 94% 944 94 Int Tel&Tel 4345 wil216 114 113 113y 1 104% 104% 104% Kan City P & L. 6s.., Kan G & E 6s 52 2 105% 105% 105% 1110 110 110 Kelly-Spring 8s Laclede 6s. . 2 100% 100% 100% Sou Ry 6%s Term Asso S L ds.. Texas & Pacific 1st. Tex & Pac 58 B 1977 Third Averef 4s 60. Tol St L & W 45 50. Tol Tr L&P 5%s 30. Union Pacific ¢s 68 Union Pac 4%s 67. Wabash 5%s 75. o e hAR ERERBEE SR, S0 mEeaBAR R AEa AR O West Maryland 4 Western Pacific 5 1 99 West Shore 432361, 1 87 87 81 1 83% 83% 834 Wis Cen gn 48 49 BOSTON STOCK MARKET. Special Dispatch to The Star. BOSTON, January 19.—Following is a list of today's highest, lowest and closing prices for the most active stocks dealt in here: Sales. 250'Aero Underwriters 250 Amoskeag 803 Andes Pe 26 Bingham * Mines 80 Boston, & Alb Calu & Hem Copper R :u amnn 7 Sectir Swirt mnn ugg Unlied Shde M 0 United Twist Dri) 100 Utah Metal NEW YORK PRODUCE EXCHANGE. Special Dispatch to The Star. INDUSTRIAL AND MISCELLANEOUS. Sales. High. Low. Close. 600°Allied P & L com..... 38, 3% 900 Andes Pet Corp com 300 Assoc Gas & El 300 Columbus Auto pfd... 31 60 P non vt com ‘05 210 Iro; 1! Merch. Trans. & Btor. ‘pid. Loew’s Inc 6s. 5 120 118% i3 Merpenthaler Linouype Loritlard 5s. 5 86% lfls'z ‘;:.; Peopies. Dras Btotes o1d Lorillard 5%s. 2 89 83% 89 Security Siorae . ManatiSug st 7% 99%; 991 991 Wash Cowy ThiorRy- Mid-Con 6% 40. 105 105 105 N Wash. Mech' Mtge. com Midvale Steel 53. 100 99% 995 Weodward & Lolhrop pfd Mont Pow 58 43 102% 102% 102 S t Dafry 5%s. . 96 95% 95% . e Nat Radiator 6%4s.. 1 75 75 75 Unlisted Department. NewEnglandTel 68. 6 106's 106% 106% | sty 3 104% 104% 104% 3115 114' 114% {Armr-Nexy Clab 85 1 93k 93k 934 csmos Club ¢ 3 107% 1074 107% g’v—m(v( al Club” 38t "58° 3 1001 100% 100% Meiropolitan Club ‘4138 14 107 106% 106% STOCKS. 12 101% 100% 101%4 Anscostie 325 + | Nor Ohio Tr& L. 3 1024 102% 102% Shaoin ns.'(u = Nor States Pow b: 1 101% 101% 101% sy, Nor States Pow 6s. 1 106 106 106 Pac T & T b8 62 14 105 105 105 Pan-Amer Pete 6s.. 1 1044 104% 1044 Paramount 65 1947, 6 100 99% 100 Pathe Fichange7s. 7 83% S$2% 834 People s Gasbs.... 1 104% 104% 104% PhilaCo 5867 wi.. 40 99% 99 99% Philips Petro 6% 2 93% 93 93 Pierce-Arrow 8s.... 2107 107 107 Public Service 4348 20 192% 192 192% Punta Alegre 7s. 2 861 BG4 86l Rem Rnd 6%s war. 12 941 944 943 e Sinclatr Ol 6s. 6100 995 99y e Sinclair Oil 6% 1101 101 101 Bank Officers Elected. Sinclair O1l 7s. 11021 1021 102% MOUNT AIRY, Md, January 19 |Sinclair Crude6 3975 97% 97y (Speclal) —Officers of the Commercial | Sin Pipe Line 6s 1 931 93% 934 State Bank here were elected Thurs- |Stand OIINJ 5846, 5103 103 103 day as follows: J. Windsor Williams, | SugerEstOriente7s. 1 97% 97% 97% president: Edgar H. McBride, chair-| TennElecPow 6547 2 106% 106% 106% man of the board of directors; Herman | Transcontl Ofl 6%s 7 102 102 102 H. Young, vice president, and Harry | ynited Drug 68 53.. 7 96% 96's 96% L. Bushey, secreta D. Edgar Smith. |1 S Rub 1strt 5s 33 9215 92y 924 M. L. Nusbaum. Nathan G. Dorsey and | U S Rub 7%s...... 3 102 102 102 the '\ffl"ers compose the board ol U S Steel s f 58, 24 10T% 107% 107% | recto: - ialg o Ltfil:. +3 +99%h -99i4 B0l nite . 15% monu anl 5 Expiora.. 129 m; [ 36 2" 750 Bfllflflo 83 8 1 uuu co 3% 3 700 Union Clgar 9% % 100 Suburban EI deb...ll 26'3 261 BANKS, 65 Bank of United States 227 222 2 Chno Na'l'\nll Hlnk 864 858 NCE COMPANIES, 0P EI Tetr o A N W | diana opened down almost a point on a CURB PRICES GAIN AT SHORT SESSION Specialty Favorites Again Score High Records for Year—Utilities Rise. BY WILLI F. HEFFEIH\AV. Special Dispatch to The Star. NEW YORK, January 19.—The week on the Curb Exchange ended with the upward movement still predominant. New high records for the year were marked up in a number of specialty fa- | vorites. | Standard of Indiana, which has been | | the spectacular feature of the oil group | this week, lost its place of prominence and International ~Petroleum was brought to the front. Standard of In- block of 2,000 shares, while the latter issue was carried to a new high for the year at 63, as compared with Fri- day’s final of 607 Electric Bond ‘& Share Securitizs and United Gds featured the utility | group, the latter making a new high. American Super Power issues, which are to figure prominently in the proposed new Eastern utility combine, lost a good deal of their buoyancy, but prices were fairly well maintained. Among specialties Taggart Corpora- tion common was strong, advancing to a new high, up some 4 points. Declara- tion of an initial dividend on the pre- ferred late” last year was thought to have paved the way for early inaugura- tion of common dividends. National Rubber Machinery, Goldmann, Sachs Trading, General Bronze, Nichols & Ghepard and Checker Cab Manufactur- ing were all at new high prices for the year. The market for Marconi International appeared to be bare of offerings around previously prevailing prices and the stock was carried to a new high above 27 as against yesterday’s close of 2515, CHICAGO STOCK MARKET. CHICAGO, January 19.—Following is a report of today's sales, high, low and closing quotations, on the Chicago Stock Exchange. Sales in hundreds. 1Adams Rovalty High, Low. Close. 23 1. ;m 2 All 142 Som B4 Ph t H u ar 30Am Sve Co . r..r 1 ... 9! B EH EH g8 H e S5 £53 s B 2 5 Commonw Util Co' B39 2 Consumers Co war. }2 Davis Indust A 1 D G & F 640 Dld F 70 bt e} 18 Houdalile' Cors Al 60 80 38 Houdaille Corp B... 60 80 1oIniand Wire & Cable 8215 81 81 nv. . 399, 31, 38 5, 1957 192 198 Fireman ‘Mfg.[] 32 301 31% 7 Kalsmasoo Stove..... 138 123 120 fand Bank & “Bonk 1 Ao Pieg 1 Bros Theale i 0 7 7% Y Morrell 3" % Cn tne 15 T e 2 Morgan Litho. 483 4815 4834 1 Monte ‘dear 203 28 2813 24 Muncie Gea. B. 20% 26 28% 4 Muskegon Mot 32'2 32 3212 5 Nachman Sprg, /L BT 1Nat Elec Pow 31 at G & 1. 95 9 Nat Leather. ' 8Nat Standard. 51° 50 sl 3 Nobiut ‘pars 51y 4ot 19 North Am_Ci 1z Ontario Mfg. 1 Pac_western 3 Pulienanl phoduet 17 Utan Rldl'onFrad Wes PL& i Wicboldt Stores . Rich A 13 Wood:iufl & Ei 18%ates vl-chme 33 Zenith Radio Total sales, 174,000 ‘shai BONDS. 5Am Serv 6s '30 8 Pt Tave 2 Pettibone Mul 6 " FEDERAL I.AND BANK BONDS Spectal Dispatch to The Star, NEW YORK, January 19.— Bl Lang Bank 4s May 105838 % Land Bank 4%s Jh-’ lflb W Land Rank 4%s Jan. 1954op: Land Bank 4%s July 19540p34. Nov, 19410p31 85 ) Following is a list of stocks and bonds traded in on the New York Curb Matket Sales in hundreds 1Acetol Prod A. 8 Acoustic Prod INDUSTRIALS. 14 Amer Superp B! 1 Amer Super 1 pid Anchor Post Fen a mstrong Cofk..... 3043 Ao Gas e B . 13 Ao Gas & s war 4 Asso Ravon. 1'Asso Rason ptd. 13 Atl Frult & Sug 19 Curtis Flying sen 1 Daniel Reeve Donner 8 564 Donring Mrl:rln 10 publlier C, & ¥ 12 180 191 m M 3 T % ith: 18 Gramoph o Ld'rots 78 2 Granite Clix 8t a ar g 2 Hiam Walk G 1Holt Henry A d ‘Rub i Horn A C pf 2 Huvtern eu-- of ‘Del. fiuu Prod.. 40 2 Karsta ¥ ; ayn 3 2 1 lark . 5 80 2 Klein (D il Co, 28's 10 Klein Henry bt vid 21 B 2 1Krusl & Krus . 28 P 2818 Slv 4 3 ; e % SRR ) 5 8 2 Municipal Serv. 4 Nathan ‘st = IS o ioB R asaace bt 53 a Fiec. 2 N¢ A ner Aviation: “-: Norrth“ n Uty Seo 15& ] 1054 105!, 44 4435 201!4 20! y n‘ 21 19 9 64 64 4 shie g0, H % 3;11 H ie dow : ’!t 1? k| 43 Raglo Corp 78, '3 Bafnbow ° Lurminoo . o lll"hell s T2 £ 2 Real Assn Bikisn. '\’ 355 ° 530 830 10 Real Assn BKlvn'n'wi 581, B3ta 83% QTRADUBUC Beash.ovine 0 Wlla &8 NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office ¥y Sherwin Wms C c E. 13 Siforsky Avistion 2 Silicn Gel erts. 12 Smith Co,A O 3 Sonatren: Tube. . = 13 Southeast P 6 L E uthe P & L wa b 37 3 S0uth Asbestes ; 3 southw Dairy Prod . 1% 1 % 13 Southw Strs .oo21 a8ta 3T 5 Spanish & Gen’ rets.. 3% 8% 8 4 Sparks Withing . 1 Thombs S surrelxt Bid VIRGINIA BANKERS’ CONFERENCE OPENS Alexandria City Manager Wel- comes Members of Group Three. Special Dispatch to The Star. ALEXANDRIA, Va, January 19.— The twentieth annual meeting of group 3 of the Virginia Bankers’ Association opened here this morning with an ad- dress ‘of welcome delivered by City Manager Paul Morton following invoca- tion by the Rev. Dr. E. V. Regester, presiding elder of Alexandria district, Baltimore Conference, M. E. Church South. The response to the address of wel- come was made by C. Russell Caldwell of Staunton. The reports of the presi- dent, J. T. L. Jones of Berryviile, Va. and P. W. Anderson of Marshall, V: secretary and treasurer, were made at the morning session. S. W. Keyes of Glade Springs made a talk on “City and County Organizations,” and D. W. Durrett of Richmond talked on “Bank Costs.” An address was also made by Willlam H. Baden of the Washington Loan & Trust Co. of Washington, D. C., on “Life Insurance Trusts.” A banquet was to be held in the George Mason Hotel, where the meet- ing is in progress, at 12:30 p.m. today and it was expected that 150 persons would attend. Rev. Dr. W. Ham- 4" mond, pastor of the M. E. Church |f rans Transcon Alr Trap o FARER AL P54 Tia 8 i g“: Yo 8 o il Milk ] B53ia 7% 43%s 51 heelivg Stl hitenight Inc . lidar Food Prod’ illiams (R C) & Co. 1 Worth 5 Zenith nndm 51 Zonite Sales in MINING STOCKS. 38 Cflm Cop Mines .. ‘ Mng & Smeit 2eb.3 o8z g8 oy RS T el S0 Newmont. Mmmx 3z An: BNV E Hur 2 Nipissing ands 1281 Ohio _Cop. 9 Rea’ Warrio 1 Boan,_Antelope’ Gop.. 57 Wendon Con. 1Yukon Gold Sales INDEPENDENT o STocKs n hyndreds. 2 Am Con Oilfids 23 Am Maracaibo- . 67 Barnsd_deb war oton "Gull Gas 1! tercont Pet .. 17;‘ STANDARD OIL 1SSUES AND FOR- e MER susamumm—s'rocxs m unm p O Can 26300 Inter, Pet d. TIAnsit . hio Ol Sules . BONDS. ks an " CAbisle ap seA e g7 g 8 184l Fow Ta0308 10002 abrs Al e R il A dod : “', 481 ‘! Alu m:: 10134 1013 A W8t A SEES LW 1300 130, 1350 Am Gas & 5 i , 1 Am Bow & 1S 1083 Am } o i Am 1 -1 v B Am Bt Ap] Arl Asso 55 Asso 63 A G As 51 ) Abas iy an Na 58 Doy ::fif 3 gons 95% 993, 5 "3700 Brussels sprouts, quart, 15a25; 35 ‘| assume control of 12 feldspar phnn in South, was to make the principal ad- dress, with J. T. L. Jones presiding. Invocation was to be offered by Rev. Ernest M. Delaney, pastor of the Sec- | ond Presbyterian ‘Church. Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md, January 19.— Potatoes, white, 100 pounds, 1 ooal 3 sweet potatoes, barrel, 1.50a3.2: barrel, 2.00a3.5 bushel, 1. Oflal 7! beets, 100, 4.00a6.00; beans, bushel, 4.00 cabbage, hamper, 2.00a2.50; carrots, 100 4.00a6.00. Celery, crate, 1.50a3.00; cauliflower, crate, 1.50a2.00; eggplants, crate, 5.00a 8.00; kale, barrel, 1.40al.65; lettuce, hamper, 1.00a1.75; onions, 100 pounds, l:‘)Oaa 00; oysterplants, 100, 6.00a10.00. Parsnips, basket, 60a70; peas, crate, 5.75a6.00; peppers, crate, 4.00a6.00 spinach, bushel, 60a1.00; tomatoes, | crate, 75a2.75; turnips, buket 40250; Savoy cabbage, bushel, 1.00a1.25. Apples, bushel, 75a2.00; cranberries, half barrel, 9.00a10.00; grapefruit, box, 2.0024.00; tangerines, per half strap, | 1.50a3.00; oranges, bozx, 2.5024.00; straw- berries, quart, 62%2870. Dairy Market. Poultry, alive—Young turkeys, pound, 35240; old, 25a30; Spring chickens, 32a 38; smail and poor, 20; old hens, 20a30; Leghorns, 20a28; capons,33a38; old roost- ers, 17a18; ducks, 20a30; geese, 18a26: Guinea fowls, each, 40a80; pigeons, pair, 30. Poultry, dressed—Turkeys, young, pound, 32a38; old, 25a30; chickens, young, 30a35; old and mixed, 25a30; capons, 34a42; old roosters, 18a20; ducks, 25a30; geese, 20a26; eggs, re- ceipts, 904 cases; native and near-by | s firsts, free cases, 36; current receipts, 30a35. Butter—Good m fancy creamery, pound, 45a48!5; prints, 4815a5013; ladles, 34a38; swn packed, 29; prooess butter, 41a42. Hay and Grain Prices. ‘Wheat—No 2 red Winter, garlicky, spot, 1.3334; January delivery, 1.33%. Corn—No. 2 export, January delivery, 1;)83‘. No. 2 yellow, 1.10; cob corn, 5.00 a Oats—No. 2 white, domestic, spot, 60a61; No. 3 white, domestic, spot, 58a59. Rye—Nenby, 1.10a1.20, Hay—Receipts, 11 tons. While hay is arriving here in limited quantities cnly. it is more than ample for the demand, which is being supplied mostly by truck from nearby points, few carloads being received. There is not enough bu!l- ness passing to establish prices on the varfous kinds on merit at a range of 16.00a18.50 per ton of timothy or clover ha; Straw—No. 1 wheat, 11.00a12.00 per ton; No. 1 olt, 12, 00:13 00 per ton. COTTON CLOSES SES STEADY. NEW YORK, January 19 (#).—The cotton market opened steady today at an advance of 2 points to a de- cline of 3 points. Active months sold l‘nz point ‘::‘ twombetlg: yell';rdn)'s clos- uotations 'rl?ere ap) to be sommumt{:em selling and week end realizing, but it was absorbed by covering and trade and commission houu buying on the relatively steady cable: Futures closed sbeldy, 2 Foinu ‘Thigher to 3 lower; Janua 16; March, 20.22-23; May, 20.2: 3 July, 19.88-89; Oocmber 19.52. Spot qulet, mlddnng, 20.40. FELDSPAR FIRMS MERGE. TRENTON, N. J, January 19 (®).— Announcement was made here yesterday by Herbert P. Margerum, president of the Goldings Sons Co. of this city, of a $6,000,000 merger of five of the largest feldspar companies in the United States. By the consolidation Mr. Margerum will nine States. The new company, which is incorporated in Maryland, will be known as the Como]\d‘fad Feldspar Co. It was announced also that the new concern will have by the merger mines in Maine, Connecticut, Delaware, Mary- land, North Carolina, Georgla, South Dakota, California and in Canada. Bankruptey Schedules. BALTIMORE, January 19 (Special). —The Chevy Chase Laundry Co., Inc., of Bethesda, Md., has filed schedules in United States District_Court showing $31,145.09 assets and $30,039.92 lllbl.ll- ties. The company was adjudicated a voluntary bankrupt on December 20 last. o X awsheen kX ’n “‘z’n % 23" 0014 1801 12 3 100 l’I‘fl # . Trans Ia Unt Lt & Yas. Uni g & Rail 63 u ub s 129 4 U S Rub 6l2s '36 U 8 Rub s '38 U S Rub 6133 '40 U 8 8Sm a8 fest Pow A SAtr! Mor Ba 7s 1% Bank Prussis 65 ' Bolivia 78 Buenos Al EHOO § 4 s g ankfort s e St Prus 05 51 ons Mun 7347 fesenTy e L 5 G 9 fa Pow 53 '67.. 98t 98ty 98% Grond “riunk 8ig, 136107,° 10834 1065 Guif Ol Pen 8¢ 47.. 10113 1013 10113 Hood Rub 5'2s 81% 8l% 8l% Tous Gulf G 6ts 43 91 91" o1 Tnd Ol ‘& Gas. 66 39, 107 106% 106% \pfndenae £ & LA ST 802 500 siid ni % o Intersta Pow 9815 98" 96l lnternltu P I8V Corp okz- Al 1081 o Lehigh Pow 85 A am xw, :w Lib MeN & L'8s Lon Lo Ma: 11 Me: H" un: Nat Co Na Nat Pub Se 82 11 NAL Rub M G tas, 103 “ 1831, 1630 Nelner Realiy g0 /48 10712 10724 107% Rk Xéew En as 10610 N N 100l ol e e 33T o S 0 D s e D 98310 413 D 1 1 10 5400 89 0110 B0 1 303 A00) Jelel oo Mun lm-x s E Y S 10 et R lesia T8 . - !’:‘ 33 2 onen S o B 13 191901 10 et B 00 19 0 s r e §s | were qui WHEAT PRICES DROP. CHICAGO, January 19 (Special) — After moving to new highs on the pres- ent movement during the first two hours of trade today, wheat weakened as a result of heavy realizing sales. The close was % to 1; lower, and for the week 175 to 23 hl(her. March, 1.21 :g 55 May, 124% to %a; July, 1.26 3. Corn closed 114 to 13 lower and for the week 174 to 2‘; higher. March, 8 to 13; May, 1.00% ghh.J\llY.lM% Lo 2 Oats h{oke with corn. Provisions Markéls at a Glance NEW _YORK, January 19 OP)— Stocks firm; United States Steel again touches new record high for all time. Bonds quiet; International Telephone convertible 4!2s at new peak. Foreign exchanges easy; Japanese yen up 10 g:(nt! h%otton ?lliiet n.n% steady. Sugar sy; hedge sellin, offee higher; firm spot snultlon,g ¥ INVESTMENT TRUSTS Special Dispatch to Tne Star. NEW YORK, January 19.— Bid. o 2 5 Amer & Gen Secs B. Bankers Financial 7T ru: Basic Industry Shares. Brivsh Type Invesior Colonial Invest Share: Continental Securities Divers 1rustees Shares A Livers drusices Suaress Financlal & Ind Se ¥ HOLDING AND FINANCE com’ANua Amer Founders Corp xd xits.. 8313 86 Amer Founaers Cp 140ths 58 .63 Amer Flnv Corp rts e 3 INSURANCE COMPANIES. Aetna C & 8. 1130 1600 G50 850 W 123 F 3. & 31l 3% 7] Cosmopolitan Firemen's Ins Globe & R { dunover 93 { Rurttord Fii 1015 { Hartford S B " 25 880 omo 620 Homestead ", 50 { Lincoln Fire . 108 | Majestic” Fire 0 Insurance Companies. Maryland Cas 160 Rep (Pitts) Sylvania ‘Iranspertation 45 Trans Ins 5 2 Irans Reins 1 33 Travelers 1830 1870 Fire 130 1 Wesiciester 89 BALTIMORE STCCK MARKET. Spectal Dispatch to The Star. BALT]MDRE Janlml'y 19.— az; g:xlatnm n;pml‘uén 4 i0 Ealtimore 17ust Co 300 Black & Decker com 60 Consolidated Gas cor 50 Consolicated Gas 5s ¢ Last sale 33 2 Consolidated Coal ptd 53 10 Fidelity & Depasit Co . 309% yland Casualty Co. 18543 nd Mortgage CO'Com 38 Mer: Miners T 47 S0 United. Porto Rican Sugar 4% ‘75608 Fidelity & Guaranty mew... 92% TREASURY CERTIFICATES. (Revorted by J. & W. Seligmen & Go) Rate—Maturit: Bl 395 Mar. 13, i9 37 Mar 13 39 20-32 183 991833 89 -32 97 1! &4 practy 9634-32_97 F. H. Smith Ce. i| G.L.Miller Co. Bonds & Certificates MEHLMAN & COMPANY Woodward Bldg. Jaines rlgage Moneed At Low Interest Rates Tyler & Rutherford Bevresenting Mutual Benefit Life Ins. Oo 1520 K Street Main 475 Consult Us First ou need money for your eal Estate financing le:l us have your application toda; Prompt Service No Appraisal Fee The Commercial National Company Incorporated Pald wp Cash Cavital. §900,000 National 2 CompLETE FINANCING Ist & 2nd TRUST MONEY On homes, apartment buildings and business properties. No spprai- sal fee. Prompt service. Real Estate Mortgage & Guaranty Corp. 24 Jackson Place Main 1403 and | Construction Loan Applications Invited at 5%2% G_lover & Flather 1508 H St. N.W. Main 1753