Evening Star Newspaper, February 1, 1929, Page 14

RAILWAY COMMON JUMPS 8 POINTS Sells at 610 on Exchange Today—Trade Reviewed. Bank in New Home. FIN BY EDWARD C. STONE. Washington Railway & Electric com- mon stock sold on the Washington Ex- change at 600 and 610, a new all-time high for this issue. ‘The stock opened 2t 600 for two 10- £hare lots, and it ‘was not until after call that 10 ad- ditional shares changed hands at 610. The last pre- vicus sale was made at 525, mak- ing today’s high a Jump of 85 points. The stock has stood on the stock market theet for some time at 525 bid and 600 asked. Today was the first time that any pur- chaser has }‘:ectxl; anxious enoug i get it to pay such a high price. While the new peak is highly interesting, the turnover of only 30 shares is not con- sidered of any special sinificance. Lanston Monotype also scored a new high mark today by selling at 123. The stock opened at 122 and closed at the high for the day. Railway & Electric preferred sold-at 99%, and there were some_more transactions in Washington Gas Light at 125, perhaps in connection with the scramble for control of the company before the annual meeting, which takes place next Monday. John R. Waller. Other stocks and bonds sold on the | xchange today around recent levels. ;‘exmlesgDrug registered 128 and a sin- gle share of American Security & Trust stock sold at 475 for the first time. Local Bank in New Quarters. The International Bank opened for business today in handsome new quar- ters in the Brookings Building, at 16 Jackson Place, which will now be known' as the International Bank Building. The bank has taken the entire street floor and the mezzanine, has ample space, fine light and ventilation, an ally convenient arrangement in every way. One of the innovations is a ticker carrying the day's leading financial news in condensed form. Flowers from business associates gave the new head- quarters a most charming appearance when the doors were thrown dpen today. Officers and directors are Joh'. R. Waller, president; Austin C. Waller, ‘William L. Symons, J. A. M. Adair and J. R. Guthrie, vice presidents; Thomas B. Lawler, secretary-treasurer; resident and_regional directors, J. A. M. Adair, R. P. Andrews, Willlam T. Brown, Ed- mund D. Campbell, Charles A. Douglas, George B. Furman, K. J. Farup, J. R. Guthrie, W. E. Harman, Dr. B. L. Jar- man, ¥rank Kenna, Thomas B. Lawler, 'W. F. Milligaa, S. A. Nelson, Charles M. Pepper, Eugene A Smith, Benjamin W. Steele, William L. Symons, A. C. Waller John R. Waller, John R. Wallis and ohn R. Auitm C. Waller, got their first bank- ing experience in Iowa, where they or- ganized and directed the Federal & Trust Co. at Dubuque. This bank has grown to splendid proportions. ful with their Washington venture, their annual reports showing steady expan- sion year by year. Reserve Board Reviews Trade. The Federal Reserve Board veported today that department store trade showed greater activity in December : than in any other month of the year, except September, even when allowance is made for the usual seasonal expan- sion of trade and for number of busi- ness days. The total volume of sales during the month was the largest on record, exceeding that of December, 1927, which had one more business day. For the entire yfiou““ the volume of sales increased. t 1 per cent over the preceding year. sduo!n'xmorderhouxesmdn- porting chain stores in all lines ex- cept cigars were larger during Decem- *. ber than a year ago, the largest in- being reported by drug-and ap- parel and dry chains. For the year as a whole sales of chain stores in all of except cigars in- n with 1927, and order houses were 17 per These increases reflect in creased sales of in com mail ' compared with December, 1927, were reported by department stores in the New York, Richmond and Chicago Fed- 4 eral reserve districts, while large de- creases occurred in the Atlanta and Minneapolis districts. + Merchandise stocks of reporting de- partment stores decreased by less than the usual seasonal amount during De- cember, as compared with the pre- * vious month, but were smaller than a | B; year ago, and the rate of stock turn- over of department stores during the year 1928 was higher than during 1927. ‘Washington’s Stock Turnover. ‘Washington reported a higher rate of stock mr:'l:,ver in December, the .57 ' with 53 in December, 1927. For the year ended December 31, the rate of 1927. The turnover for the entire fifth district was at the rate of 3.35 ast year, comparing with 3.33 the year before. Stocks on hand in Washington de- “ partment stores on December 31 were 4.2 per cent smaller than the supply a year ago, and were 19.6 per cent be- low the level on November 30, 1928. In the entire fifth district there was a decrease of 2.4 per cent in stocks on December 31, compared with the same date in 1927, and a decline of 19.2 per cent when compared with November 30, 1928. Banking Fraternity Suffers Loss. ‘The local banking fraternity was shocked by the death of Howard A. ‘Wilson, assistant cashier of the Lincoln § National Bank, who died yesterday from % pneumonia. Mr. Wilson had been very ill for seceral days. Mr. Wilson had been with the bank since 1894 when he started in as a mes- , senger. In the intervening 34 years he had become of greater and greater value to the bank and for the past 10 years had been assistant cashier. He was quiet and reserved in his nature and never took any active part in the Dis- trict Bankers’ Association, yet his as- sociates say that he had unusually sound banking judgment. POTATO MARKET DULL. CHICAGO, February 1 (#).—United States Department of Agriculture: Po- tatoes—Receipts, 67 cars; on track, 162 cars; total United States shipments, 752 cars; practically no trading on ac- count of weather; market nominally unchanged. Steel Prices May Rise. NEW YORK, February 1 (#).—The Youngstown district expects an ad- vance in prices on second-quarter ton- nages of semi-finished and rolled steel. One producer has marked up the price on relled strip steel $2 a ton. Gold Stocks Depleted. NEW YORK, February 1 (#).—Al- though gold imports at New York in January exceeded exports by $47,764,.- ANCIAL,” - THE® EVENING STAR; WASHINGTON, D. C., FRIDAY, NEW YORK STOCK EXCHAN Open. High. Low. Closs. ADitibl Power... 49% b0 49% 49% Aoitibi Popf(6). 85 - 85 85 85 Abrahm&Straus 138% 139 1384 139 Ab&Straus pf 7.. 110 110% 110% 110% Adams Millis(2) 34 34 34 34 Adv Rumley.... 60 5% b58% 63% 67 62 65 3% 3% 3 110% 109% 109% % 10% 10% 10% 9 8% 9 23% 234 61 ¢ 79 Air Redctn (13). 110 Ajax Rubber. 10 Aiaska Junea. .. Albany Papr(2). Am Bk N pf(3).. Alleghany Corp. Alleghany A 5% 1 Allied Chem., ... 2! 295'% 285 Allis-Chalm rts., 4% 4% 4% Amerada(2). 32% 33 32% 33 ' Am AgriculChm 21% 21% 21 21% 234 Am AgriChpt.. 69% 70 63% 69 Am Bank N(13). 124% 127% 124% 126% Am Beet Sugar. 19% 19% 17% 184 Am Bosch...... 43 43 42% 42% Am Br Sh(J1.60) 50% 53 50% 53 Am Brown Bov.. 19 19 18% 18% AmBrownBopf T70% 70% 70% 70% Am Can (t4).... 114 117% 114% 116% Am Can pf(7)... 141% 141% 141% 141% AmCar&Fdy(6). 99 99 983 99 Am C&F pf(7). 117% 117% 117% 117% Am Chicle (2)... 57 b58% 574 b8% Am Drug (60c). 10 10 10 10 Am EncauT(4). 96g 98 96 97 Am & For Pow.. 96F 97% 94 943 Am&ForP2d7. 100 100 98 98 Am&ForP pf(7) 106% 106% 106% 106% AmHide& Lea.. 8% 85 8l Xlg Am Home Pr(3) 81% 83% 81% 834 Am Ice (1233) 39's 40 391 40 Am lnternati( 147'9 147'% 145% 1451 Am Internat(n). T4ls T4l 73 73 Am LaFr&Foam Th ThW W % Am Locomot(8). 110% 111t 110% 110% Am Loco pf(7).. 115% 116 115% 116 Am Ma & Fy(4). 183% 184% 183 Am M&Fpfew7.115 115 115 Am Metals(3).. 1% 72% 71 £(6) 122 124 122 AmNatGaspf? 94 AmP&Lptsta . ! AmPo&Lt pf(6)J 101% Am Radiator(). 201t Am Republics... 5. Am Saf Raz(rs). 7. Am Seating(3).. Am Ship & Com. LE Am Sm&Ref(4). 118 Am Snuff ( 2 82 82 101% 101% 1015 205 201 202% 3% 557 Sin 119% 117% 1194 202 206 721 3% 1125 1124 11215 912 903 905 111 110% 110% 554 55' 55l 220% 217% 219% 182% 181 182y 183 182 182y Am Stl Fy pf(7) Am Sugar...... 9l Am Sugar pf(7). 111 Am Sumatra(3). 554 Am Tel & Tel(9) 220 Am Tobacco(8).. 181 Am Tobac B(8; Am Tob p(6)... 120% Am TypeFo(8).. 153 Am Type pf(7).. 109% 120% 119% 120 156 153 155 109% 109% 109% » | Artloom(3)..... brant. wvyvuler, and his brother, | AmWWE&EIl(cl). 87 AmWW1st pf(6) 102% :m Woolen..... 23% 89% 87 87 102% 102% 102% 23% 23% 23% b1% 650% 50% 14 14 14 42 41% 42 108 105% 105% 127% 126% 127 58 58 56% 117% 116% 117% Andes Copr 75 % 51! Archer Dan (4).. 108% Armour Del pf 7. Armour 1lII(A).. Armour IlI(B).. Armour 111 pf(7) 84% Arnold Con & Co 36% 28% 28% 28W 287% 647 65% - 64% 65% 46 45% 46 208 205 206% 2! 2% 2% 103 103 190 190% 37 38 AssoDryG(23). Asso 011(2). Atchison pf(6).. 103 Atl Coast L(110) 190 AUGuIt& WI.. 37 Atlantic Ref(1). 60 Atlan Ref pf(7). 116% ‘These men have been equally Success-| AtlasPowder(4). 111% Atlas Pow pf(6). 105} 2 Allas Tack..... Austin-Nichols. . Ausun-Nich pf.. Auto Sales...... Auto Sales pf(3) Baldwin Loc(7) % 36 22% 39% 240 Bald Loco pf(7). 116% Balto & U(6).... 126 Balto & O pf(4)., 79 Bambgr pf(6%). 110% Bang & Ar(3%). 69 Bang & Ar pf(7) 108% Bajnet Leather., Barnsdall A (2). Barnsda]l B (2). Beecn-Nut (3) Belding-Hemwy . Belg N R pf(16). Best & Co(3).,.. Bethlehm Stl(4) Bioomingdale. .. Blmingdle pf(7) 1 Blumnthl p2(7). Borden Milk(6. 102 25 44 44% 22 95'% 124 48 10% 192 Botany Mills (A} Briggs MfgFCo. Brockwy Mot(4) Bklyn-Man(4).. Bkiyn-Man pf(6; 681 80 92% BklynUnGas(5;. 195% Brunswick B(3) Brunswick Ter, . Bucyrus(l1)..... Burns Bros(B).. Burroughs(t4 Bush Term (g2 Bush Ter de(7). Butte Cop & Zine Butte & Sup(2) Butterick Co. yer & Co. Byers A M Calif Pack(4).., 32 Y% 60 116% 116% 116% 111% 109 105% 105 124 8l 36 12 % 36 601 109% 105 12% 36 2315 221 22% 39% 38% 39 240 240 240 118 116% 118 128% 126 127% 9% 9 TO% llg% 109% 109% [ 108% 25 92% 6815 108% 25 110% 110'% 102 102 193 191% 92% 68l 1084% 25% 45 44% 21% 94y 124 81% 87% 86l% 9% 92% 195% 19843 1934 52! 634 524 521 39% 39% 38% 38% 874 3T% 3T% Bucyruscv(2i%) 46% 4Th 46% 4714 32 32 2 247 247 247 247 8T 3: B4% 88% 84% 88% Bly 13% 5% . 108% 10:9« 108 35 155% 158% 155% 158% 14% 13% 14% By-Products(2). 120 121% 118% 118% 5% % Calu & Ariz (6). 126% 128% 126 54% 54% 62 9% 9% T8% 8% ratio shown in that month comparing | Can Pacific(10). 255% 264% 255% 2643 Cal & Hecla(4).. Can Dry (t4%). Canon Mills 2.80. Caro Clin&0(4) . Cavanah Dobbs. Celotex Co (3). Century Rib M. . Chi & Alton pf.. Chi & East 111 pt ChiGreat West, Cni Gt West pf.,. ChiMll & StP.. Chi M1l & StP pt Chi & Nwn (4).. Chi Pneu T new. Chi P T pf(3%). Chi R1&Pac(b). . CRI&PpI(6). Chi Yel Cab(3).. Chickasha(3)... Childs(2.40). .., Chile Cop (3%5). Christi B(1.20).. Chrysler(3).. City Stores new. City Stores(rts). City 8t B 5% stk Cluett-Peab(5). Coca-Cula(6)... Colilas & Alkmn Col ¥uel & Iron. Col Gas & El(5). Col Gas&El new. Col G&E pfA(6) Columbia Graph Col Carbon t4%. Com Cred(1).... Com Credit(rts). Com Ci1stpf 6% Com Inv Tr (4). Com Inv (war). Com In Tr pf 6% Conde Nast(2).. Congoleum-Nair Cong Cgrs (5).. Conley Tinfoil. . Consol Cgrs (7). ConCigprpf(6%%) Con £1im pfi2). 000, a net increase of $65,000,000 in gold earmarked for foreign account re- 8ol the month in the country’s stock of 1d. Comsol Gas (3).. ConsolGaspf(5) . Consol Textile. . 45% 45% 45 5% 127% 54 45 o 189% 139% 89% 89y ;, stock turnover here was 3.69, an im- | Car C1&O sta(5). 100% 100% 100% 100% ;mvemenc over the 3.51 reported in |Case Threshg(6) 465 465 4656 465 34% 6% 46 354 6 AT% B4t 74 16 48'% 52% 48% 19 89 88% 14% 21% 62% 28% 62% 38% 61% 9% Chi&Nwn pf(7). 136 34% 55 19 Cerro de Pas(5). 104% 107 Certain-teed Pro 24% 254 24% 89 89 14% 21% 63l 23% 62% 89l 62% 92% 136 34% 55 137% 139 101% 102 CRI&Ppf(7). 106% 106% 106% 330 330 330 19 104% 88% 136% 101% 32% 32% 32% 48%; 48% 481 57% 57 b56% % 110 . 114 25 4% 984 664 173% 51% T4% 1564 634 107 T9% 142Y% 53% % 103 92% 110 115% 25% 5 9814 66% 176% 52% 7% 157 64% 107 B1% 148 653% 4% 103 90t 110 110% 24% 4% 981y 661y 173% blow 3% 1556 633 1062 T9m 142% 52% 4 103 192% 192'% 190 59% 98 88% 32% 83 1% 59% 9l 88% 58 98 Com Solvnts(8). 241% 246 241% Com Power(13). 128% 130 115% 1175 115% 11 99% 99% 99% 99% sulted in a net loss of $17,234,000 fcr|ConRRCuba pf6é 70 5 70 Bt 69% 4% Container A1.20 20% 20% 20 35% T4% 46% 51 330 19 106 25% 69% 5 20 Container B 60c. Cont Baking A.. Cont Baking B.. Cont Bak pf(8). Contl Can (2%). Cont Insur(6)... Contl Mot(80c). Cont Motors rts. Corn Prod t3%.. 88 8915 Corn Prod nf(7). 143% 143l Coty Inc (2).... T CrownWP1stpf7 100 Crown Zelrbck 1 23 Cructble Stis).. 8T% CubaCaneSugar. bin Cuba CaneSupf 17 Cuba Company.. 22% Cuba R R(4.80). 78% Cuban Am 8(1). 15% Cuban Dom Sug. 6 Cudahy Pkg(4). 62% Cudahy (rts).... 1% Curtiss Aerot1). 153 Cutir-Ham(3%) 62% Cuyamel Fruit.. 75 Davison Chem.. 684 447 2215 2218 26 126 04% 207% 131 133% Den RG Wnpf.. 57% 64 Detroit Ed(8)... 250 252 Devoe A (13.20). 59% 59% Devoe&R 1st(7), 115 115 Diamond M (8). 160 160 Dome Mines(1). 9% 10 Drug Inc(4).... 121 121% DulSS&Atlan. 8% % DulSS&Atipf. 6 Dunhill Int (34), 74% Dunhill (rts).... 9 Duplan Silk (2). 2 Du Pont (10)... 675 680 Dupont (new).. 189% 198% Eastman(18). 184% 189% Eaton Axle (3 tisenlohr&Br Kitingon (2% ) Eitingn pf(6% Elec Auto L (4). 169% 169% Elec AuL pf(7). 112 112 Electric Boat... 14% 14% ElecPow&Li(1), 61 64l Elec P&Ltpf(7) 108 108 EP&LDPL 40%(7) 134% Elec Stor B (5).. B9 Em Brantgm(A) 12% d-John(6).... K Eng Pub S(m1). B | | Eng PuS pf(5), 98 515 Equit Bldg(2).. EquitableTr(12) 5 ErieRR... Erie 1st pf. Erie 2d pf, . Eureka Vac (4) Fuirbanks(3)... FedLight(h1.40) Fed Mot T(80c). 18% Y Fidelity-Phoenx 102% 103 Fifth Ave(64c) 12% 12% Filene's Sons. 92 954 First NatsS(1 5:9‘. 687 1 1% 15T% 6215 % 153 155 62 62 % -1 6% 67% 44% 454 223 2214 126 126 204 204 131 133% 57% 64 250 250 58% 58% 115 68% ( 45% De Beers (a97c). Deere&Co pf(7). 915 9ty 120% 121% 3% 3% 6 6 74 4% 9 9 27 27% 675 680 189% 197% 184% 187% 2% 5% 107% 107% 36% 36k 108 108 167% 168% 12 112 14% 14% 61 64% 108 103 134% 134% 86 6 4% 9 pf. - 68 Ristpfev. 77% Flelschman 13% Florsheim (A).. Follansbee 2% . Fox Film A(4).. Freeport T (4).. Buller prpf(6). Gabriel Snub A, Gardner Motor. . 24 Gen Am Tnk(4). 96'% 96 Gen Asphalt.... 73% 74% Gen Asph pf(5). 115 116% 114 115 Gen Bakg pf(8). 138 138 138 138 Gen Cable...... 53 56 53 35 Gen Cable A(4). 109 110% 108% 109% GenCigars(€).. 68% 68% 684 68% GenGaspfA(7) 115 115 115 115 GenG&EIA(8) 129 129 129 129 Gen Gas pf B(7) 107% 107% 107% 107% Gen Electric 16.. 257 2629 262 256 GenElec spi6ve) 11% 11% 11% 11% Gen G&El A(12) 85 85 83 83 Gen Mills (3)... 874 B87% 86% 86% Gen Millspf (6) 97% 97% 9T 97% Gen Mot (New). 837% 83% 824 83 Gen Mot pf(7).. 125% 125% 125% 125% Gen Outdr Ad(4) 51 61 51 51 GenOutdrAd(2). 35 36% 35 36% Gen Ry Sig(5).. 102% 102% 100% 101 Gen Refrac(s).. 80% 83% 804 82% Gillette S R(c5). 123% 123% 121% 123% imbel Bros.... 44% 44% 43 43 GImbl Brpf(7).. 84% 85 84 85 Glidden (11%).. 42 42% 41% 42 Gobel (Adolpn). 59% 624 59% 60% Gold Dust (new) 77% 78% 177 7% Goodrich(4).... 99 101 99 100 Goodrich pf(7).. 114% 115 114% 115 Goodyear Tire.. 133% 134% 130% 131 Goodyr 1st pf(7) 102 102% 1024 102% Gotham H (2%4). 73% 74 1731 74 Gothm nv(2%) 2 1% Graham-Paig 484% 88% % 27% Granby (6).... 1. Grand Unon.... Grand Un pf(3). 51 511 Grant W T (1).. 130 130 1394 Grt North pf(5). 110% 112 110% 112 Gt Nor pf cfs(5) 108% 109% 108% 109% GtNoOrefs2%. 38 39% 37 373 Grt WnSug2.80. 42 42 41 q1y Grt Wn Su pf(7) 119% 119% 119 119 Greene Cana(6) 176% 181 176 180% GuantanamoSu. 4% 4% 4% 4% GultMo&Nor.. 55 57 65 56% Guif Stat Stl(4). 71% 7% 714 71% 26 26 2T% 27% L Hacknsk W(1%) 26 26 Hack pft A(1%). 2% 27% Hahn Dept Stor, 49% 51 49% 5| Hahn DSpf6%. 109 110% 109 109% HamiltonWpf(6) 102% 102% 102% 102% 95% 55 26 94% 94% 51 51% 101 101 28 28 20% 21% 95% 95% 3% 3% 101 101 20% 294 24 2 Hanna 1stpf.... 954 95% Har & Walkr(2) 55 Hartman A(2).. Hartmn B(1.20). HavEl Ry pf(6). Haw Pine(1.80). Hershey Corp... Hershey pf(4).. 824 82% &2 HockingVal(10) 439 439 439 Holnd Fur(2%). 47% 47% 47 Hollander & Son 18% Houston Oil.... 89% Howe Sound(4). 71 Hud Man(2%).. 53% Hud Man pf(5).. 83% Hudson Mot(5). 88% % Hupp Mot(£2).. 78% 80% 78% Tliinois Cen(7)., 143% 152 Il Cen Iss li(4).. 80 Ind O & Gas (2). Indian Mot (1).. 18% 88 0% 524 83l 9 143% 152 80~ 50 80 30% 31% 30% 31y 24% 24% 20% 23y Indian Refining. 35% 37 35y 3615 Indian Refgctfs 36% 371 35% 36% Ingersoll-R(16) 136 136 136 136 Inland Stl (3%). 90% 91 8 90 Inspiration (3).. 48% 49% 484 48y InterboroRapTr. 64% b54% 53% 53 InterconRubber. 124 124 11% 11% Internat Agri... 164 16% 16% 16y Intl Bus Ma (5). 152% 152% 152 152 IntCement(4).. 94% 95 91 94 Int Com Eng(2). 82% 870 824 87% Int Comb pf(7). 112% 112% 112% 1125 Int Harv (2%).. 111% 111% 109% 1095 Int Mteh pf 3.20. 94'% Int Mer Marine. 6t Int Mer Mar pf.. 3 Int Nickl of Can 674 Int Paper(2.40). 173l Int Pa&PoA2.40, 1nt Papr & Po B. Int Papr & Po C. Int Paper pf (7). Int Prig Ink 23%. Int Rys Cen Am. Int Ry CA pf(6).” 76% Intl Salt(5).. 75 Int Silver. . 144 144 Int Tel & Tel(6). 224 224 Interstate DS.. 52 82 Intertype(t1i), 30% 304 Island Creek(4). 56 56 Jewel Tea (15).. 157% 158Y% Jewel Tea pf(7). 126 125 Johns-Manv(3). 232% 238 Johns-Man pf(7) 120% 120% Jones & Lau(7). 121% 121% Jordan Motor..., 13 13% Kan City South. 92% 95 834 83% 55% 6% 5 157% 158% 125 125 232 238 120% 120% 121 121 1314 92% 94% 831 834 40 404 118 123 214 21% 8815 89 534 Bi% 15% 16 159% 161 Keith-Al pf(7) Kelly-Spring... 224 22% Kelly Tire $§%pf 884 89 Kels Hayes(2).. 634 b5i% Kelvinator Corp. 15% 164 Kennecott (8)... 160% 163 Kinney (G R)... 50% 50%, Kinney pf(8)... 97} 97% Kolster Radio... 70% 71 Kraft-Pho(1%4). 35% B85% Kresge St(1.20). 87% 87h Kresge Dept 8..- 20 20 Kress SH(h13%%) 109% 109% 109% 109% Kreuger & Toll,. 4l% 41% 40% 414 Kroger Gro(el), 116% 116 115 115 Laclede Gas(10) Lambert (17)... Lambert (rts).. Lee Tire & Rub. Leh Por Cmt 2% LehighVal(3%). Lehn & Fink(3). Lig Myers(15).. Lig & Myrs B t§ Lima Locomtve. Liquid Car(4%). Loew's Inc (3).. Loew’s pf(6%).. Loft, csecen Loose-W(1.60).. Lorlllard Co.... Loustana Ofl. .. Louts GasA 1.75. Louis & Nash(7) Ludlum S pf 6%. Mac And(12.85). Me Call Corp(4). McCrory At2)... McCrory B(2)... McCrory pt(6).. Melntyre P(1).. McKeespt Tin P1 McKes&Ro 1.60. McKsn pf A 3% Mack Truck(6).. Mad Sq Gar 1%5. Magma Cop (4). Mallison & Co.., Mallison pf(7). Manati Sugar. Mandel(23%). Man Elec Suply. Man El m2g(d5) Man Shirt( Maracaibo Ofl. Market St prior., Marlan Oil...... Marlin-Roc t3% . Marmon Mot(4). May Dept S(4) Maytag (12). Maytag pf(3) Meiville Sh 1.10. Mengel Co. ..... MetroG pf(1.89) Mexican Seab. .. Miami Cop (2). Mid-Cont P(2) Middle States, Mid States ctfs. Midland pf(t12) Miller Rubber... Minn & St Louis. Mo Kan & Tex. . Mo K&Tex pf(7) Missouri Pacific. MoPacific pf(5). 7 | Mohwk Car 2. Mont Power (5) Mont Ward 2% Moon Motor. Mullins Mfg. Mullins pf (7).. Munsingwr (3). Murray Corp. Nash Motors(6). Open. High. Low. Close. 243 243 243 132% 132% 131% 5% 59% 1007 64 100 42% Nash & Chat(7). 1 Nat Acme (1). Nat Bellas Hess. NatBHess pf(7). Natl Biscuit(t7) Nat Cash Reg t4 Nat Dairy (33).. Nat Dept Stores. Nat Distil! .. Nat Distillers pf Nat Enamlg (1). Nat Lead(b).... Nat Lead pfA(7) Nat Pow&Lt(1). Nat Radiator... Nat Ry Mex 1st. Nat Ry Mex zd.. Nat Supply (18). Nat Surety (5). Nat Teat4)..... Nevada Cop (2). N Y Air 8r(3)... N Y Central(8).. N Y C&StL(6). N Y Dock....... N Y & Harlm(5) NYNH&Hart(4) NY NH&H pf(7) N Y Ont&Westn N Y State Rys pf N Y Stm pf(6).. NY Stm 1st pf 7. NorfolkSou 13% Norf & Wn(t10) NorAm b1y %stk North Am pf(3). NorAm Ed p£(7) No Germn Lloyd North Pac(6)... Nor Pac efs(5).. Norwalk Tire. Nunnally Co. 01l Well Supply. Oil Well Spf.... Omnibus. ...... OppenhmCol (4) . Orpheum pf(8). Otis Elev (6) Otis Steel...... Otis Stl pr pf(7) Outlet Co(4).... Owens Bot (c4). Pacific Gas(3).. Pac Lightg (3) Pacific Mill Pac Oil Stubs. .. Pac Tel & Tel(7) Packard Mot(3). Pan-Am Petrolm Pan-Amer Pet B Pan-Am Wn B.. Panhandle. Panhandle pf... Paramount-F-L. Park & Ti1(13).. Park Utah(80c). Patino M(2.92).. Peerless Motor.. Penick & Ford.. Penn C&Coke. .. Penn Dixie Cmt. Penn RR(3%).. Peoria & East..,. Pere Mara(18).. Pere M prior(5). . Pet Milk (1%).. Phila& RC&1. Phil Morris(1).. Phillips P (134). Phoenix Hosiery Phoenix pf(7).. Plerce-Arrow. . . Pilerce-Arrow pf Pierce Oil... Pilsbury (1.60) Pirelli of Italy Prairie Pipe Pressed St C: Pr Stl Car pf(7) Produ & Refinr: Producers&R pf. Pubie SerNJ(2). Pub Serv NJ rts. Pub Serv pf(6).. Pub 8 NJ pf(7). Pub SE&G pf(6) Pullman Co(4).. Punta Aleg Sug. Pure 011 (1).... Pure Oil pf(8).. Purity Bak(3).. Radio Corp Radio (new Radio-Keith(. RSCefs(4). ReadingRy (4 Rensselr&Sar(7) Reo Mot (t1) RhineWE(1.92), Richfield 011(2), Rio Grande Oil, . Rossfa Ins 163 . Royal Bak P(1)., Roya) D(a3.222). Safeway (3) Safeway pf (6).. Safeway pf (7).. StJos Leaa\13). 24% 113% 138% 372% 33 137 28% 246 35% 51% 180 96 104 104 86% 864 88 Received by Private Wire Direct to The Star Office Open. High. Low. Close. StL & SanF'(18). 1% 119% StL&SanF pf(6) StL&Southwest. Savage Arms(2) Schuite (§3%).. Schulte pf(8). Seab Alr Line... Seab Air L pt. Seagrave(el.20). Sears-Roe(32% ) Seneca Copper. . Shattuck FG(2). Shell Trad(rts). 4 | Shell Un(1.40). 04 83% Shubert The(5). Stmmons Co(3). SimmsPet (1. Sinciair O1l. Skelly O11(2) Snider Packg Co Snider Pkg pt. So Por Rico(2) South Calif Ed South Dairles A. South Dairfes B. South Pac(6). South Ry (8) Spang Chalfnt, Spear&Co pf(7). Spicer Mfg. . Spiegel Co (3). Stand Com T(1). StdG&E (3%). Std G & E pf(4). Std Milling (6).. Std Milling(rts). Std Millg pf(6). Std O of Cal(t3) StdOIINJ (t1%). StdOtINY (1.60) . Std Plate Glas: Std P Glass pf Std San M(1.68). Staniey Co.vuu.. Stewart-War(6) Stromberg (3).. Studetakerd5) Studebak pf(7 Submiarine Boa Sun Oil (81) Supertor Ol Superior Stei Sweet of Am: Symington. . Symington Cl A.. Telautogrph(1). Tenn Coppert1). as Corpn(3). x Cor 50% pd. 1ESul(4) c(5). T&P C&O(b2%). Tex Ld Trinew) Thateher Mfg. .. Thatehr pf 3.60. . The Fair(2.40).. Thomp J R(3.60) Thompson(rts). Tidewater AsOil TidWAsO1Ipf(6) TidewatrO(80c) Tide W Oil pt(6) Timken Roll B. . Tobac Prod (8). Tobac Prod A(7) 106% 106% Tob Prod ctfs B. 17T% 1T Tob Prod cfs(C) 17h Transcont Oil. .. 10 ‘Trico Prod(2% Truax Trar 1.60 ‘Truscon Stl 1.20. Twin City Rap’ Undwa-El F (4) Udwd-El F pf(7) Un Bag & Paper. Union Carb(6).. Union Oil (rts).. 1% Unton Pac(10).. 224 Un Pacific pf(4) 83 Utd Biscuit 1.60. 5 3 2ys 63 Utd Cigar St(1). 23% Utd Cgr St pf(6) 102% Utd Dyewood. .. 8% Utd Dyew p£(7). 54 Utd Elec Coal. .. T7% Utd Frult(t5%). Utd Paperboard. US Cast Ir P(2 111% 125 38 219 50% 4 154% U S Distrib pf(7) U 'S Hoftman(4). 8 Aleahol (6). S Leather.... S Leathr A(4) S Lea pr pt(7) S Realty(4).. S Rubber 8 Kub 1st pf. SSmelt(3%).. U S Steel(7).... U S Tobacco(3). Uni Leaf Tob(3) Univ Pipe & Rad Util P&L A(e2). Vadasco Sales. .. Vanadium (14). Vick Chem(4)... ccaccaca Va-CarCh 6%pf. Va-Car Ch pf(7) Vulcan Detin. Vulcan Detin( Vule Det pf(7) Wabash...... Wabash pf A(5). Waldorf(13%)... Walgreen pf 6% Walworth(1.20). Ward ClA(S)... Ward Baking B., Ward Bak pf(7). Warner Bros Pio Warner Bros pf. Warner-Qu(2).. Warren F&Pipe. Warrn Bros (15) Warren 1st pf(3) Wesson Ofl (4).. Wes O&Sno pf7. W Penn El A(7). W Penn EI pf(6) W Penn EI pf(7) West P Po(6)... West P Po pf(7) West DairyA (4) West Dairy B. W, White Mot(1)... White Rock (3). White Sew Mach Wilcox Ol1 & G.. Willys Ov e1.20. Wilson & Co.... Wilson Co pf A. Wilson & Co pt. Woolworth (6).. Worthn Pump. . Worth Pump(B) Wright Aero(2). Wrigey ((13%). Yale&Towne(4). Yellow Truck... 41% Young Spring.. 59% 60 Youngstn Sh(5). 112 114 112 Hourly Sales on N. ¥. Market. 10:30 a.m.. 777,900 12 m... 2.340.200 1:30 p.m. 8,367,700 2:15 p.m 3,923,900 i /en In the above tacle aro g Anukl cash pASIIShIS BAscd. ot Lhe Iatest quarterly or haif-yearly declarations. T Partls extra + Plus 4% In siock’ § Pius * Unit of ing less _than 100 e, $3 In preferred stock. 9 Pius 1/35 in lar rate. D P n stock. d Pay- o £ Plus 6oz i Plus 20" in uar n are quarterly in o Plus 9% 62% —no FEDERAL LAND BANK BONDS Spectal Dispatch to The Star. NEW YORK, February 1.— . 1957. May 1957-37.. July 1936-36. . Bank 4158 May 19420p33. Bank 4 Land Bank 4'4s Jan. 1958-36. .. Land Bank 4%s J.&J. 19530p33. nd Bank 4%s Jan. 1034op34. 100 Land Bank 4%s July 19540p34. Land Bank 5s Nov. 1941op3l... 1 Land Bank 55 May 19410p31 e Leaves from the early blooming mus- tard, a weed that grows in abundance in California, are shipped to the Easte ern markets and sold for greena, » Y% rest Joseph 1. Welli CHICAGO, February 1 (#)—Wheat FEBRUARY 1, 1929. STOCKS IRREGULAR - INLATER TRADING New York Central Reaches High Record Mark. Others Advance. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, February 1.—Strong in the earlier trading today’s stock market turned irregular in the last hour after money, which had renewed at 7 per cent, was advanced to 8 per cent for new loans. The railway stocks, which had been leaders of the rise, came down only moderately, but the motors were weak, especially Chrysler and Packard. Among the incidents of the afternoon Wwere a jump of over 6 points in Atlan- tic Coast Line and a rise in Radio of almost 30 points. The market rallied again at the end. There was nothing new to account for the urgent demand for railroad stocks. Probably the advertising this part of the list had received yesterday, when the movement started, was re- sponsible for the flood of overnight buying orders and the rapid advances. It was a novel experience to present- day traders, who have been accus- tomed to seeing all the big swings in the industrials, to note the extent of the gains and the volume of sales in the carrier stocks today. Central Is Feature. New York Central crossed the 200 mark on a block of 10,000 shares, then added 4 points more to this gain, all before noon, putting the stock higher than it had ever sold before in the his- tory of the company. Baltimore & Ohio pushed steadily ahead, crossing 128, also to a new all-time high. Atchi- son made the same sort of record above 208, Norfolk & Western at 206 and Chesapeake & Ohio above 207. Canadian Pacific_above 260 was at the highest since 1913, and Southern Pacific above 138 was at the best in more than 25 years. Nickel Plate, Pere Marquette, Southern Railway, Union Pacific, Chicago & Northwestern and Lackawanna were all higher in the early trading. Delaware & Hudson, which moved so erratically Thursday and recorded a net loss, moved up today FINANCIAL. We Take Pleasure in Announcing That Mr. G. Fenton Cramer Has Become Associated With Our Securities Department as of This Date WAGGAMAN & BRAWNER, Inc. 1700 Eye Street N.W. Washington, D. C. Consult Us Regarding Your Maturing Mortgage LONG-TERM REAL ESTATE LOANS 5Y%2% ‘We Make First Mortgages on Homes, Apartments and Business Properties in the District of Columbia and Nearby Maryland and Virginia RANDALL H. HAGNER & COMPANY, INC. 1321 Connecticut Avenue. Decatur 3600 THEY YIELD aggressively. ! Among the more speculative issues | the Eries, Missouri Pacific and the St. Pauls were prominent. St. Paul pre- ferred sold at the highest since the re- organization. As a rule, however, the seasoned dividend payers were favored over the lower-priced issues. I Public Utilities absorbed heavy realiz- | ing well, but wera not particularly con- | spicuous, with the exception of Western ! Union. Here buying which might have been for investment trust account ad- | vanced the price more than 8 points to a record high. General Electric bet- | | tered by a fraction its previous top. Johns-Manville rushed up to a new, peak and there were few, if any, cases | l:! real weakness among general indus- | Copper Stocks. Copper stocks were brought on signs of another advance in, the price of th- metal. Kennecott was the leader, but American Smelting & Refining new made a new high for the split-up shares. | |Greene Cananea, Anaconda, Chile and | others of the group were strong. The oils did better today. Standard Oil of New York at 42 was up 2 points from its recent low and there was spe- | cial buying in Barnsdall “A. 1 Markets at a Glance NEW YORK, February 1 (#).— Stocks firm; radio jumps 28 points, then reacts. Bonds steady; Allegheny Corporation 5s again dominate trading. Curb strong; aviation-stocks and util- ities lead rise. Cotton steady; trade support. ~Sugar easy; Cuban selling. Coffee higher; better Brazilian markets. higher; improved export demand. Corn firm; decreased Argentine exports. Cat- tle irregular. Hogs higher. The W. A, Harriman Securities Cor- Pporation has been incorporated in Dela- ware with a capitalization of 200,000 no par common shares. The company will transact a general investment busi~ Tess, and there will be no public offer- ing of securities. Money to Loan Secured by first deed of trust on real estate. Prevailing int d Investments JAMES Y, PENNEBAKER Main 5328 1520 K St. N.W. Mortgages Let us have your applications ‘LOANS ON REAL ESTATE Immediate Action Courteous Treatment Our record of 35 years speaks for itself, Percy H. Russell Co. 1731 K St. N.W. Safe...As the future of Washington Guaranty Mortgages are secured on ideally located fee-simple properties in 0 Washington and nearby 6 ;0 Send for booklet, “The Success Plan."” suburbs. Their safety is guaranteed, because of the MORTGAGE & GUARANTY CoRPORATION future and growth of this great city. ‘We know of no other investment that pays 6% interest and is any safer. You can own Guaranty mortgages on convenient Ppayments. A $250 Mort- gage can be secured on Capital Resources §3,400,000 24 JACKSON PLACE payment of $35 monthly. SIX PER CENT with the regularity of the clock! HANNON & LUCHS, INC,, First Mort- gage Securities are never worth more or less than face value plus interest—and the highest rate of interest which is com- patible with absolute safety—SIX PER CENT. There is never any flictuation in the value of this Preferred Investment, for Im- roved Business and Residential Real Estate in Washington secures each note, and it is to be remembered that there are no strikes, walkouts or industrial dis- orders here to deflate the value of this In- vestment of Proven Safety. This Real Income Producing Security has stood the test of safety for nearly a Quarter Century Telephone Main 2345 1435'K Street Northwese N First Mortdage Investments Ample Funds! O MATTER how large your requirement, you will always find available here the funds to cover your First Mortgage needs on Improved Real Estate, Our service is prompt, conscientious, and thorough. ‘The interest rate is § /4 %. In the case of mortgages of less than $50,000 you retain the privilege of paying off the loan in whole or part on any interest date. First Mortgege Laans ow Homes, Apartments end Busimess Buildings, in D. C. and nearhy euburhs in Marylend. H.LRust Company 1001-15® Street. N.W. SAFE FIRST A FEW HUNDRED DOLLARS —in fact $250 is sufficient to start fortune-building on the foundation — with secured principal and assured soundest interest. Buy our A Third of a 6% FIRST MORTGAGES Century Without a Loss - B. F. SAUL CO. Main 2100 925 15th St. N.W. THERE MORTGAGES In any amount from $250 up— and you will have a worry-free and “generous paying invest- ment. IS NO SUBSTITUTE FOR SAFETY