Evening Star Newspaper, February 13, 1929, Page 10

FI Money to Loan Becured by first deed of trust on real num Prevailing interest and comm| Joupll l Weller F o B~ €T Bide.. 9th Mortgage Money Louml At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit Li 1520 K Street Main 475 WANTED Resident Physician and Dentist at the Maycroft Apartment 1474 Columbia Road Near 16th Street Apply to Resident Manager or T. B. LAWLER 16 Jackson Place Main 864-865 Ius. Co. NANCIAL. - | ANSTON MACHINE | CONPANY EXPANCS ! Monotype Company Acquires Thompson Type Machine Firm of Chicago. BY EDWARD C. STONE. The Lanston Monotype Machine Co. announced today the making of a con- tract providing for the acquisition of the patents, trade names, designs, pat- terns, tools and ma- chinery and mat- rix-making equip- ment of the Thomp- son Type Machine Co. of Chicago. The purchase in- cludes all master and commercial matrices and all work in process, . On Improved Property in Maryland and District of Columbic 6% Interest No Commission Charges EAVER BRO REALTORS 809 15th Street N.W. Main 9486 Mortgage Loan Correspondent Metropolitan Life Insurance Company but none of the cash or receivables and none of the contracts or liabili- ties of the Thomp- son Co. Charles B. Slaughter, president of the Thompson Co., has announced to all users of Thompson machines that they are as- sured a continuance through the Mono- type Co. of mechanical service and Thompson matrices, machine parts and supplies. President Harvey D. Best of the Monotype Co. states the entire Thomp- son plant will be removed from:Chi- cago to the Monotype factory at Phila- delphia, ang that the manufacture and sale of Thompson machines will be con- tinued. Matrices now made for cast- ing type and ornaments on the Mono- type type caster will be made available for use on the Thompson—these now number over 3,000 faces and sizes from 4 to 36 point, and more than 2,000 ornaments and_piece borders. J. Thilman Hendrick of this city is chairman of the Monotype board and George W. White, president of the Na- tional Metropolitan Bank, one of the directors. A very large amount of Lan- ston stock is ownéd here. Dairy Stock Called March 15. Joseph Schiavone. Investment Suggestions Each month The Equitable pre- pares a list of bond suggesticns suitable for business and per- sonal investment needs. This monthly publication sup- plements a Bond List with several features devoted to the interests of Bond buyers. Send for a copy . THE EQUITABLE SECURITIES COMPANY ING A subsidiery of The Equitable Trust Company of New York 917 Fifteenth Street, N. W. A $250 First Mortgage 6% payments of $25 Monthly Your payments and the tgage eamn m| w! have R m":rmfld selety the new finance col pmv i first of both principa est. rties, aatesmaried By our 3,400,000 Tesources. We have several selected First Mortgages Which available. us _explain, booklet. or send I REALESTATE RTGAGE & GUARANTY CoRPORATION Capital Resources $ 3,400,000 . 24 JACKSON PLACE Prudent Men Protect Their Families —many families that should be independent have been the victims of unwise investments and lost practically every dol- lar that was left them. Protect your estate— place it in the hands of the Liberty National Bank to act in Executorships Trusteeships and Other Trusts The same intelligent care we exercise in the invest- ment of our own funds would apply to the invest- ment of your funds. LIBERTY NATIONAL BANK Fiftcenth and Eye Sts. rico, can be purchased on | Fuller, G. Frifoni, J. Heffros Eve 'y a8 blcked L3/ soind, and are Come in and et It was announced in the financial district today by Henry W. Brawner, jr., that the outstanding $1,000,000 issue of preferred stock of Chestnut Farms Dairy, Inc., will be called for redemp- tion on March 15 at $110 per share and accrued dividends. Payment will be made at the office of Crane, Parris & Co., 821 Fifteenth street, the investment banking firm which put the issue out about a year ago. The redeeming of this stock fol- lows special action taken recently by the board of directors and approved by the shareholders. After March 15 the stock will no longer pay interest. The stock is called because of the recent merger of Chestnut Farms Dairy, Inc., with the National Dairy Products Corporation. There is also an outstanding issue of common stock, the shareholders having already been notified of the terms on which they may exchange their stock for shares in the other company. Although affiliated with National Dairy, the Washington concern will continue under local man- agement, President Brawner announced. Carl Officers and Directors. Call Carl, Incorporated, held its an- nual stockholders’ meeting yesterday, at which the following directors ‘vere elected for the ensuing year: Joseph A. B. Bauman, Herman ‘arl, Louis C. Carl, Frederftk Carl, A, W. Langley, H. L. Schuh and Eliot H. Thomson, The directors then elected the follow- ing officers: Herman F. Carl, president; 85 Abrahm&Straus 133 Ab&Straus pf 7. Adams Exp(6).. 395 Adams Millis(2) 32% Adv Rumle!. 66% Adv Rumle; 64k Ahumada Lcld.‘ 4% &ir Redctn (13). 110 Ajax Rubber Alaska Junea 8 Albany Papr(2). 22% 22% Alleghany Corp. 30% 3213 Alleghany A 5% 102% 102% Allted Chem.... 290 300 Allied Cm pf(7). 1227 122% Allis-Chalm(7). 180 180 Allis-Chalmrts.. 4 4 Amal Leather... 9% 9% Amal Leather pf 60% 60% Amerada(2).... 34% 34% Am Agricul Chm 20 20% Am AgriChpf.. 67% 67% Am Bank N(13). 130 132 Am Bk N pf(3).. 61% 62 Am Beet Sugar. 181 18% Am Bosch. 42% 42% Am Br Sh(j 55 58% Am Brown Bov. 224 Am Brown Bopf 71 Am Can (14) 114% 114% Am Can pf(7)... 141% 141% AmCar&Fdy(6). 97 97 Am C& Fpf(7). 116% 116% Am Chicle (2).. 54 55 Am Drug (60c). 9% 9% Am Encau T(4). 92% 94% Am Express(6). 290 290% Am & For Pow.. Am&ForP pf(7) Am&For P2d 7. Am Hide & L pf. Am Home Pr(3) Am Ice (12%5).. Am Internat(n). Am LaFr&Foam Am Locomot(8). Am Loco pf(7).. Am Ma & Fy(4). Am M&Fpfew 7. Am Metals(3). . Am Metals pf(6) Am Nat Gaspf 7 Am Pjano...... Am Plano pf.... AmP&L (11).. AmP&L pfA21;. AmPo&Lt pf(8)} AmP&Lpt sta 5. Am Radiator(5) Am Ry Ex(6) Am Republies. Am Saf Raz\rs). 0% Am Seating(3).. 34 Am Ship & Com. % Am Sm&Ref(4). 119% 120% Am S & Rpf(7). 135 135 Am Snuft (12).. 201% 206 Am Snuff pf(6).. 108 108 Am Stl Fdys(3). 72% 73% Am St Fy pf(7) 111% 112 Am Sugar...... 884 88% Am Sumatra(3). 55 56 AmTel &Ca(5). 20% 20% Am Tel & Tel(9) 216 217 Am Tobacco(8). 177% 178 Am Tobac B(8). 178% 178% Am Tob pf(6) 120 Am Type pf(7). 110 AmWWE&EI(el) 88Y% Am Woolen 24%% 24% Am Woolen pf 52 52% Am Writ Pactfs 12% -12% Am WritPa6pf 434 43% Am Zinc........ 38% 42 Am Zinc pf..... 105 105 Anaconda (7)... 134% 136% Anchor Cap.. Anchor pf (6%). Andes Copr 75e.. Archer Dan (4).. Arch-Dan pf(7). Armour Del pf 7 Armour 111(A).. Armour IlI(B).. Armour 111 pf(7) Arnold Con &Co - Art Metal(1%). ° AssoDryG(2%). Asso D G 1st(6). Asso O11(2).. Atchison(10)... Atchison pf(6).. Atl'Coast L(110) Atl Guif & W1.. Atl Gulf pf(3).. 408 9% 9% 8l 7 1084 T 1157 180 103 178 115 115 8% 8% 128% 131% 14 48 111% 112 7 0 83% 83% 194 194% 141% 147% 51 5 99% 100% 114 114 94y 187% 157% 834 33% 46% 46% Edmund O. Carl, vice president; Louis C. Carl, secretary; Frederick Carl, treas- urer; Chapin B. Bauman, attorney; Jo- seph A. Burkart, general counsel. Schiavone Heads New Organization. Joseph Schiavone, former president of the International Exchange Bank, yesterday was elected president of the new Citizens’ Mortgage Corporation at the organization meeting held at the offices of the company, 475 H street northwest, Other officers elected were Dr. Salva- tore Floria, vice president and treas- urer; John Vacarro, assistant treasurer, and Prank T. Fuller, secretary. Direc- tors are Fernando Cuniberti, Louis Carl, Charles A. Facchina, Salvatore Fede- Dr. Salvatore Flora, ang; é‘ Lnehler, Hilleary O. Offutt, jr.; G. Pan- etta, Joseph Schiavone, Frank J. Sloan, Alfonso Tana and John Vaccaro. The election of President Cuniberti of the International Exchange Bank as a director means that the bank and close business relations, to the advan- mort- | tage of both institutions. It is stated that the mortgtge corporation’s $250,~ 000 capital stock has been more than half subscribed. Heavy Trading on D. C. Exchange. Trading was the heaviest in weeks on °F | the Washington Stock Exchange today after yesterday’s holiday. Riggs Na- tional Bank stock ‘sold up to 578. Onec of the most active stocks on the list was Bank of Bethesda, which climbed from 77% to 85 on a turnover of 70 shares in lo-shnre lots. Two shares of Wash- ington Loan & Trust sold at 525 and a single share at 527. Merchants’ Bank & Trust came out at 153%. Capital Traction sold at 106% on a generous turnover, and Potomac Power 6 per cent preferred moved at 114 and the 5% per cent preferred at 109% and 109%,. One hundred and ten shares of Washington Railway & Electric pre- ferred sold at 99%. Various miscellaneous stocks on the board commanded recent levels. In the bond division Washington Gas 6s, series A, moved at 104% and the B bonds in small denominations at 104. Gas 5s sold at 101%. In the unlisted department Cosmos Club 4155 came out at 90. = ‘In the unlisted department Park Sav- ings Bank stock scored a good advance, It opened at 81, went to 82, 82!z and closed at 83. Financial District Notes. R. W. Hynson announces that Chaun- cey G. Parker, jr., is now associated with the National City Co. at its office here. Mr. Parker is well known in the finan- cial district, having been local manager for J. A, W. Iglehart & Co. for many years, Kenneth D. McRea, local manager of the L. C. Smith and Corona office, re- ports that the executive offices of the company are to be moved from Syracuse $to New York City. The regular meeting of the board of governors of the local A. I. B. chapter will be held in the organization’s rooms tonight. It is expected that final plans for the coming banguet will be dis- cussed. Eugene E. Thompson of Crane, Parris & Co. leaves Washington today for a short visit in Florida. TIGHTER MARGIN RULES. NEW YORK, February 13 () —Wall Street expects the movement by broker- age houses toward more stringent mar- gin requirements to have an appreciable effect in reducing speculative loans. In view of the recent expressions of Fed- eral Reserve authorities against specu- lative loans, some observers regard the tighter margin requirements as indica- tion of a desire to co-operate in solving credit problems. NEW YORK BANK CLEARINGS. NEW YORK, February 13 (Special).— New York bank clearings, $2,083,000,000; New York bank balances, $181,000,000; New York Federal Reserve credit bal- ances, $168,000,000, Atlan Ref(11%). Atlan Ref pf(7).. AtlasPowder (4 Atlas Pow pf(6 Austin-Nichol Aus Cred(4.49 58% 59% 115% 116% 107 104 7 38y 38% 46 46 230 230 n7 a7 1247% 126% 9% 79% 68 23% 43% Autostrap A @). Baldwin Loc(7). Bald Loco pf(7. Balto & O(8, Bang & Ar(3%). Barnet Leather. Barnsdall A {(2). Beacon Oll,..... Beecn-Nut (3).. Belding-Hemwy. Best & Co(3).... Bethlehm St1(4) Beth Steel pf(7) Bloomingdal . Bon Ami A(4).. Booth Fisheries. 8% Borden Milk(6). 192% 192% Briggs MfgFCo,. 54% 54% British Empire.. 5 5 British Emp 2d.. 10 11 Brockwy Mot(4) 65% 65% Bklyn-Man(4).. 75% 75% BklynUnGas(5). 183% 183% BrownShee(2%) 43% 43% Brunswick B(3) Brunswick Ter. Bucyrus(1) Bucyrus cv Burns Bros(B).. BurnsBros pf(7) Burroughs (15). 240 240 Bush Term(g2). 81%..82% Bush Ter de(7).. 108% 108% Bush Ter p£(7).. 115 115 ButteCop & Zine 8% 8% Butte & Sup(2). Butterick Co. Byer & Co. Byers A M(rts).,,- By-Products(2). 118 118 Calif Pack(4)... 7% 7% Callahan Zinc... 3% 3% Calu & Ariz (6). 134% 1356% Cal & Hecla(4).. 59% 59 Can Dry (t43%). 8l% 82 Can Pacific(10). 253 254% Canon Mills 2.80. 44% 45% Car C1&O sta(5). 101 101 Cavanah Dobbs.. 38 Cav Dobs pf 634. 104% Celotex Co (3)... 74 Celotex pf (7)... 92 Cen Aguirre(2). 43 Cent Alloy(2)... 48% Cerro de Pas(5). 112% Certain-teed Pro 23% Certo (t4)...... 84 Ches & Ohio(10) 220 C& O Corpn(3)., 84% Chi & Alton. . 164 Chi & Alton pf. 21% Chi Great We: 21% Chi Gt West pf.. 60% ChiMil&StP.. 37 Chi Mil & StP pf 59% Chi & Nwn (4) Chi P Tpf(3% Chi,RI&Pac(8) CR1&Ppf(6) CRI&P pf(7) Chi Yel Cab(3) Chickasha(8). Childs(2.40). Chile Cop (3%).. Chrysler(3). City Ice (3.60). City Stores new., City Stores(rts) . Cluett-Peab(5). 68% Coca-Cula(6)... 132 Coea-Cola (A)... 49 Coliins & Aikmn. 56 Col Fuel & Iron, 70% Col Sou 1st(4).. 76 Col Gas & E1(5). 148% Col Gas&El new, 61% Col G&E pfA(6). 106% Columbia Graph 73% Col Carbon t4%. 148 Com Cred(1).... bl Com Credit(rts). Com Crpf(1%). Com Cristpf 6% 100% Com Inv Tr (4). 182% Com Inv (war).. B55% Com In Tr pf 6% 2!;6% 92% 122'!- 122!» 48 83 83% 813 A% 32 104 304 48% 112% 23% 84 220 844 Y 134% 102 107 33% 46 55% 99% 105% 24 58 987 105 ‘ll% T4% 148 63% 4 26 100% 55% 235 86 111% 111% 32% 66% 64% 4% 110% 182% 181 48 864 138 Py 85 138 395 408 R 61 61% 6414 641 A% 4% 107% 107% 9% 9% % T 21% 2% 305 31% 1024 102% 290 290 122% 122% 179 179 M 3% 9% 60 60 32% 33 19% 19% 6 65 128% 128% 613 18 a1 55 112% 113% 141% 141% 96% 96Y% 116% 116% 53 53 9% 9% 9218 94% 290 290% 103% 113% 1067 108 994 100 32 32 8% T8% 128% 131'2 92 933 14 H 48 107 71 103 101% 102'5_101% 102% 83% 83% 110% 110%’) 9% | C1 192 192 141% 147% 50 50 681 6814 33% 33% 5 b4 1174 117% 135 . 135 201% 204% 108 108 0% 70% 111% 112 5% 86% b4 5w 20% 20% 214% 214% 175 175 1734 173% 120 120 110 110 83 24% 52 12% 43y 38% 104 104 1334 134y 55 Bb 116% 116% 527 53% 994 994 14 114 94y 16% 8% 88 58| 294, 61% 201% 201% 103 103 187% 187% 83% 33% 46% 46% 56% 57 115% 115% 106 106 103 103 7 7 64 64 22% 22% 38% . 38Y% 46" 46 230 230 17 117 122 0% 9% 67 67 23% 41% 20% L 11% 86 9% 122% 122% 47 47% 83 83 83" 8% 192 192% 52% 63 4% 4% 10 1t 6415 64% 7% 6% 182% 182% 43% 43% 46% 46% 32 32 104 104 240 240 79! 80% 108 " 108 115 115 118 118 76 T6% 3 3! 133% 131% 58 58% 81 8L 248% 248% 44% 45 100% 100% 46% 46% 110% 110% 23% 23% 84 84 216 216 84 16% 20% 58 133% ‘lSSVt 100% 100% 106% 107 33% 33% 46 46 54% 554 98 98 101% 101% 48% 487% b4 b4 0% 0% 2% T3% 145 147 50% 51 3% 3% 26 26 100 100% 181 52 233 233% W 123% 119% 122% 83 83 " 52 96% 96% 96% Cong Cgrs (5) Consol Cgrs (7). Con Film pt(2). Consol Gas (3).. ConsolGaspf(5). ConRRCuba pf 6 Container A 1.20 Contatner B 60c. Consol Textlle. . 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%.. Corn Prod pf(7). Coty, Inc (82). x Carpet. Crue:ble Sti(5). CubaCaneSugar. Cuba Company.. Cuban Am S(1). Cuban Dom Sug. Cudahy Pkg(4). Curtiss Aero(1). Cushmann pf(7) Cutir-Ham(33%) Cuyamel Fruit.. Davison Chem. . Debenhms(2.91) Deere&Co pf(7). Del & Hud(9)... Del L & W(t7).. Den RG Wn pt.. Devoe A ¢13.20). Devoe&R 1st(7). Diamond M (8). Dome Mines(1). Drug Inc(4). Duluth Superior. Dunhill Int ($4). Dupont (new). . Du Pont deb(6). Duq Lt 1st(5)... Eastman(18) Eaton Axle (3 Kitingon(2%).. Elec Auto L (4). Electric Boat... ElecPow&Lt(1). EP&Lpf 40% (7) Elec P&Lt pf(7) Elec Stor B (5).. Elk Horn....... Em Brantgm(A) Emmerson B pf. End-John(5).... Eng Pub S(m1). Eng Pu 8 pf(5). Equit Bldg(2).. Lqul(lbleTl‘(lZ) Eureka Vac (4. Fairbanks(3). .. Fed Lt&Tr(31). Fed Mot T(80¢). Fidelity-Phoenx Filine's (615)... Filene's pf(6%). First NatS(1%) Fisk Rubber. ... Fleischman 3% Follansbee 124 . Foundation Co. . Fox Film A(4).. Freeport T (4).. Fuller pr pf(6). Gabriel Snub A.. Gardner Motor. . Gen Am TC(34). Gen Asphalt.... Gen Cable...... Gen Cable A(4). Gen Cigars(4). Gen Electric t6 GenElec sp(6 Gen G&EI A(12) Gen Gas pf A(7) Gen Gas pf B(7) Gen Mills (3)... Gen Mills pf (6) Gen'Motors (3). Gen Mot pf(7).. Gen Outdr Ad(4) GenOutdrAd(2). Gen Ry Sig(6).. Gen Refrac(s).. Gflle!llBS R(eb). Glidden (11%).. Glidden pr pf(7) Gobel (Adolph). Gold Dust (new) Goodrich(4). Goodrich pf(7) Goodyear Tire. . Goodyr 1st pf(7) Gotham H (2%). Gothm nv(2%).. Gothm pf exwar. Gould Coupler A Graham-Paige. . Grhm-Paige cf: Granby (6). Grand F&W (1). Grand Unon, Grand Un pt Grant W T (1) Grt North p£(5). Gt Nor pf cfs(5) Gt NoOrefs2%. Grt Wn Sug 2.80. Grt Wn Su pf(7) C, WEDNESDAY, FEBRUARY 13, 1 113% 11 ’i'h 99% 67 21% 10% 116% Greene Cana(6) 18214 Gulf Mo & Nor.. Gu M &N pf(6). Hacknsk W (1%) Hack pf A(1%).. Hahn Dept Stor.., ahn D S pf 63, lanna M A (7)., HavEl Ry p1(8, Hershey Corp. Hershey pf(4) Howe Sound (4 Hud Man(2%) Hudson Mot (5 Hupp Mot(£2) Illinots Cen(7) I11 Cen Iss li(4 I lnurboroR«lnTr. InterconRubber, Internat Agri... 1 | Int Ag Ch pf(7). Intl Bus Ma (5). Int Cement(4).. Int Com Eng(2). Int Harv (2%).. Int Mteh pf 3.20. Int Mer Marin Int Mer Mar pf.. Int Nickl of Can. Int Paper(2.40). Int Pa&PoA2.40. Int Papr & Po B. Int Papr & Po C. Int Prtg bnk 2%. Int Rys Cen Am. Int RysCA cfs. Intl Salt(5). Int Tel & Tel(6). Interstate D S. . Intertype(f1ia). 1sland Creek(4). Jewel Tea (15).. Jordan Motor. .. Kan City South.. Kaufmn DS 1%. Kayser J(5)eees Keith-Albee. Keith-Al p£(7) Kelly-Spring K.uy Tire 6%pt. Kresge (1.60)... Kresge SS pf(8). Kreuger & Toll.. Kroger Gro(cl) Lago Oll... Lambert (17)... Lee Tire & Rub. Leh Por Cmt 2% Lehigh PC pf(7) Lehn & Fink(3). Life Sav(1.60).. Lig Myers(5). . Lig & Myrs B 16 Lig &M pf(7).. 53 100% 26 27% 67% 69% 157% 158 219 221 121% 121% 13 13% 89 89 B84% 344 112 m llIVA 28 28 ; 134% 136% 21 2L 62% 64 109% 110 64% 65 31% 314 ©95 95% 93% 94% 17 137 100 187% Ti% 36 158% 100% 26 2T% 50% 155% 210% 121% 13 88% Loose-W(1.60).. Loose-W 1st(7). Lorillard Co.. Louisiana Oil. Louts GasA 1.75. Louis & Nash(7) Ludlum Stl ctfs. Ludlum S pf 6%. Mac And(t2.85), McCrory A(2)... McCrory B(2)... McCrory pf(6).. McKeespt Tin P1 McKes&Ro 1.60. McKsn pf A 3% Mack Truck(6). Macy Co (e2). Mad Sq Gar 1 Magma Cop (4 Mallison & Co Manatt Sugar Man Elec Suply. Man El m2g(d5) Man Shirt(2). Maracaibo Ofl Market St prio; Marlan Oil...... Marmon Mot(4) Mathieson pf (79 May Dept S(4).. Maytag (12).... Maytag pf(3)... Maytag 1st pf(6 Melville 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... Mo Kan & Tex.. Mo K&Tex pf(7) Missouri Pacific MoPacific pf(5). Mohwk Car 2% . Mont Ward 2%. Moon Motor. ... Mother L (40¢c). Motion Pig Corp. Motor Meter A.. Motor Prod(2).. Motor Whi (2).. Mullins Mfg.... Mullins pf (7).. Munsingwi(3).. Murray Corp. Nash Motors(6). Nat Acme (1)... Nat Bellas Hess. Natl Biscult(17) Nat Cash Reg t4 Nat Dairy (33). Nat Dept Stores. Nat Distillers. .. Nat Enamlg (1). Nat Lead(5).... Nat Lead pfA(7) Nat Pow&Lt(1). Nat Radiator. N Y CStLpe(6). N Y DocK.eouuus N Y Dock pf(5). NY & Lack(7).. NYNH&Hart(4) NY NH&H pf(7) N Y Ont&Westn N Y Stm pf(6).. NY Stm 1st pf 7. Norf & Wn(T10) NorAm b10%stk North Am pf(3). No Germn Lloyd North Pac(5)... Nor Pac cfs(5).. Norwalk Tir Nunnally Co. 011 Well Supply. Otis Elev pt(6).. Otis Steel. . Otis Stl pr pf(7) Outlet Co(4).... Owens Bot (c4). Pacific Coas Pacific Gas(2).. Pacific Gas(rts) . Pac Lightg (3).. Pacific Mills.... Pac O1l Stubs... Pac Tel & Tel(7) Packard (131%3).. Pan-Am Petroim ’un-Amer Pet B. Panhandlev..... Paramount-F-L Penick&F pf(7). Penn C&Coke. Penn Dixie Cmt- Penn RR(3%).. People's Gas(8). % | Pere Marq (18).. Pere Marq pf(5) Pet Milk (1%).. Phila&RC&1I. Phila Co pf(3).. Phil Morris(1).. Phil-Jones pf(7) Phillips P (1%). Phoentx Hosiery Plerce-Arrow... Plerce Oil. . Pierce Oll pf.... Plerce Petrolm.. Pilsbury (1.60).. Pirelli of Italy.. Pitts Coal. . Pitts&WVa(6. Por RicoToA(1). Postal T&C pf 7 ) Produ & Refinrs. Public Serv 2.60. Pub Serv NJ rts. Pub Serv pf(6) Pub S NJ pf(7 Pub SE&G pf(6) Pullman Co(4).. Punta Aleg Sug. Pure O1) (1).... Purity Bak(3).. Radlo Corp... Radio (new) ... RadioCo pf(33% ) Radio-Keith(A). ReadingRy(4).. Reading 2d(2) Real Silk Hos. .. Real 8ilk pf(7).. RQII(R)& Co.... 1st pf(7)... R.mlnn’!n-fllnd. Rem-Rd 18t(7).. Roo Mot (t1). 1&S(4). o0lds Spngs. 68 . 140 NEW YORK STOCK EXCHANGE Open. High. Low. Close. 4 48 Open. High. Low. Close. 8% 84 8 8 3L 30% 30% 68 66% 67% 118, HQ': 118 119% 25'% 25% 254 14% 144 144 45 45% 43l 150% 150% T4% 2% 100% 100 43 42% 4 110 112 31 66% 35'% 50": 2y Nh % 108% 34% 205 188% 132 131% 33% 38l 55% 146% 140 109% 107% 34% 33% 205 204 188% 184 1331 128 131% 128 33% 33 38 37T% 56 55% 147% 146% 140 140 58 54l 14 14 3% 3% 126 124 51% 50 49'% 48Y% 195% 193 138 137T% 108% 108% 51% 51 88 88 1065 106 93 90% 118 18 29% 28% 101 100 114 114 4 197% 196% 1037 100% 53% 52% 5619 55% 109% 107% 106%: 105% [ 6 6% 6% 27 26% 104 104 323 320 122 122 4l 40% 102% 102% 90% 90% 98% 96% 20% 20% 61 59 172% 136% 42% 1375% 133% 42% 42% 4 43¢ 11 10% 6515 644 5% 4% 18% 12 13 11% 26% 23% 38% 37% 594 60‘1 8 Nl‘t 140 8215\ 8214 82 41l 41% 40 104% 104% 104% 2% 3% Tl 59% 6l% 59% 564 562 55% 21% 21% 21 5% T5% T5% 19% 19% 19% 89% 86% 1% 14 107 105% 123% 121% 108% 108% 83% 82% 17 24% 23% 136 132% 13:4 373 363 363 4 5% 3% T 561 38 108% 47 108% 82% 17 24% 136 56% 39 110 47 Rey Tob B t6%. 150 Rey Tob A 16 Reynolds B new. RhineWE(1.92). Richtield O11(2).. Rio Grande Ofl. . Rossia Ins t6%. Royal Bak P(1).. Royal D(a8.222). Safeway (3).... Safeway pf (7).. St Jos Leaa(13). StL & San Fr(8). StL&SanF pf(6) StL&Southwest. StL Swn pf(5).. Savage Arms(3) Schulte (J3%).. Seab Alr Line... Seagrave(el.20). Sears-Roe(32%) Seneca Copper. . Shattuck FG(2). Shell Un(1.40). Shubert The(5). Simmons Co(3). % | SimmsPet(1.60) Sinclatr Oil. ... Sinclair pf(8) Skelly 011(2)... Snider Pkg pt. So Por Rico(2 South Calif Ed. South Dairies B South Pac South Ry(8). South Ry p£(5)., 51% 173% 104 104 4 79%. T5% 119% 117% 96 96 110107 90% 90% 4815 4T 50% 170 1 9% 36% 364 34% 46 41 60% 134% 13 132 1324 151% 149% 150 9 99 Received by Private Wire Direct to The Star Office Open. Hich. Lew. Close. Spang Chalfnt.. 45 4 Y% Snicer Mre: oo 54 b54% 52U 52 Spiegel Co ( 110% 110% 106% 106 Stand Com T(1). 34% 33 34 SUG&E (3%). 94% 90 90 Std G & E pf(4) 66% 66% 66% Std Milling ( 129% 129% 129% Std Millg pf(6). 116 Std O of Cal(13) 67% StdOIINJ(113%). 51 StdOtINY €1.60). Std Plate Glass. Std San M(1.68). Stromberg (3).. Studebaker ($5). Studebak pf(7). Submarine Boat. Sun O1l (81)...e Supestor Oil.... Superior Steel. . Sweet of Am(1). Symington. . Symington C1 A. Tenn Copper(1). Tenn Cop (rts).. Texas Corpni3). Tex Corp full pd TexasGulfSul4) Texas & Pac(5). T&P C&O(b2%) Tex Ld Tr(new) Thatcher Mfg. .. Thatchr pf The Fair(2. Thomp J R(3.60 Thompson(rts). Tidewater AsOil TIAW ASOIIDf(6) TidewatrO(80¢) Tide W Ol pf(5)* Timken Roll B., Tobag Prod (8). Tobac Prod A(7) Tob Prod cfs(A) Transcont Oil... Trico Prod(2%) TruaxTraer C. .. Truscon Stl 1.20. Twin City RapT Undwd-El F (4) Union Carb(6).. 2 Un Ofl Cali2)... Union Oil (rts).. Union Pac(10). Unlon Tank(§ Utd Biscuit L. Utd Cigar St(1). Utd Cgr St pf(6) 108% 214 49% 1% 222% 136% 50 23% 4 102% 110% 216% 49% 1% 223% 136% 50% 23% Utd Paperboard. US CIP 1st 1.20. U 8 Distributing U S Hoffman(4). . U S Alcohol (6). US Leather.... U S Leathr A(4) U S Reaity(4).. U S Rubber. . U S Rub 1st Df.. U S Smeit(3%). U S Steel(7).... U S Steel pf(7).. U S Tobacco(3). Uni Pic 1st pf(8) Univ Pipe & Rad Utah Copper(12) Util P&L Ace2). Vadasco Sales... Vadasco pf. Vanadium (14). Vick Chem(4). . Victor Talkg( 5% Vietor pr pf(7).. Va-Caro Chem. . Va-CarCh 6%pf. Vulcan Detin... Walworth (1.2 Ward Cl1 A(8) Ward Baking B, Warner Bros Pic Warner pf(2.20) Warner-Qu(2).. ‘Warrn Bros (15) Warren F&Pipe, Web & Heil. . Wesson O1l (4).. Wes O&Sno pfi. W Penn El A(7). W Penn El pf(6) nn El pf(7) DairyA(4) it Dairy B... t Maryland. West Pacific. ... West Pacific pf. W U Teleg (8).. Westhse A B(2). Westinghse(4).. Westhse 1st(4). Weston Electric. White Eagle(2). White Mot(1)... ‘White Rock (3). White Sew Mach White SM pf(4). Wilcox O11 & G.. Willys Ov ¢1.20. Willys-Ovd pt Wilson & Co. w W W W W Woolworth (6).. Worthn Pump. . Worth Pump(A) Worth Pump(B) Wright Aero(2). Wrigey ((13%). Yale&Towne(4). Yellow Truck Young Spring 60 Youn‘lm Sh(b). 110% 1121\ 110% Sales on N. ¥. Market. 1000 e SR r 2,333,700 1:30 pm. 3,196,300 2:16 p.m 3,584,200 Dividend nus as l|'ll'l in lh. IM'. table are flII ann n_the latest uumeru or h.'fl’,..m declara uom ‘artly e: 4% 1n stock. Plus lts’ 1m°°|n stock. o rate. b Bav- oo Pl 5 /] are ‘tel 1 oD stock b Plus 1% % in stock. R AR CHICAGO LIVE STOCK MARKET CHICAGO, February 13 (#) (United States Department of Agriculture).— Hogs—Receipts, 21,000 head; market fairly active to all interest; mostly 15a 25 higher; top,‘ 10.60, paid for 170-220 pounds; bulk desirable hogs scaling over 160 pounds from 10.35 to 10.55. Butchers, medium to choice 250-300 pounds, 10.15 a10.55; 200-250 pounds, 10.00a10.60; 180-200 pounds, 10.20a10.60; pounds, 9.25a18.50. Packing sows, 9.40 a9.90. Pigs, medium to choice 90-130 Pflunda. 8.00a9.50. Cattle—Receipts 6,000 head; calves, receipts, 2,000 head; most killing classes slightly more active; steers and she- stock higher in many instances; bulls steady; vealers weak; early top year- lings, 14.00; ‘most steers selling at 12.50 down to 11.00; slaughter classes, steers, good and choice, 1,300-1,500 pounds, 11.75a14.75; 1,100-1,300 pounds, 11.75a 14.75; 950-1,100 pounds, 12.00a14.75; common and medium, 850 pounds up, 9.00211.75; fed good and choice, 1750-950 unds, 11.75a15.00; heifers, good and choice, 850 pounds down, 10.50a13.00; common and me- dium, 8.00a210.50; cows, good and chooice, 8.00a10.00; common and me- dium, 6.75a8.00; low cutter and cutter, 5.75a6.75; bulls, good and choice (beef! 9.40a10. '15 cutter to medium, 7.75a9.40; vealers (mflkled). good and _choice, 12.00a15.00; medium, 11.50a12.00; cull and common, 8.00411.50; stocker and feeder steers, good and choice (all weights), 10.50a11.50; common and me- dium, 8.00a10.! al%n Sheep—Recelpts, 16,000_head; prac- tically nothing done; few bids and sales around 25 lower; bulk fat lambs, 16.00 % | dropped to 6 per cent for new loans, a FINANCIAT STOCKS SHOW GAIN- IN MIXED MARKET Coppers and Utilities Lead in Upward Trend—Money Rate Drops. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, February 13.—After a series of erratic fluctuations today's stock market worked irregularly - up- ward. Volume was heavy at the open- ing and the list was very strong. It sold off around midday, rallied again and | left off with mixed price changes. o Money, renewing at 7 per cent, development which had the effect of postooning threatened lionidation. The leaders on the sid> of advance were the copner stocks and the utilities, with Anacanda and American & Foreign Power the features. United States Steel was heavv after earlv strength and so were most of the motors. The overnight orders were nredom- inantly on the buying side and all the leading stocks showed advances on the initial transactions. United States Steel started in at 180 on 7,500 sheres. un over 2 points, New York Central at 195 was up 3 voints and Internatinnal Nickel on a 10,000 share ‘ot up 134 points at 65. Monteomery- Ward eained 31, points at 134 and Consolidated Gas above 113 was up al- monet 3 points. The market had little news on which to act. Attempts were made to exnlain the eorly strength bv the failure of the New York Federal Reserve directors to make any statement after their meet- ing of Monday. was. however. no change in the attitude of the reserve authorities. and while the immediate nosition of rall monev was easy. finda- mental conditions had not altered. What really happened was that shorts who had not covered Monday took in their contracts at the opening today. It was again evident that there is an unusually large contingent readv to put out stocks for the fall on the slightest excuse, but not willing to stay with their commit- ments when the market turns against them, even temvorarily. Two stocks which showed themselves sensitive to selling were U. S. Steel and Chrysler. Before noon steel was down 3 points from its early high and lower on the day. Chrysler came off a smaller amount and vet there was no weakness in either of them: Money senewed at 715 per cent and was in supnly at that figure, with indi- cations that the rate might go lower. AN e A T Sugar Prices Reduced. NEW YORK. February 13 (#).—Al sugar refiners today reduced the price of refined sugar one-fifth of a cent to 4.90 cents a pound. the lowest price BANKER ADVISES WOMEN TO SHUN STOCK MARKET By the Assoclated Press. PHILADELPHIA, Fel Clerks, ~stenographers should keep out of the stock markety Edward C. Bendere of Cassatt & Co, bankers, said here in an address at the annual meeting of Group 2, Penn- sylvania Bankers' Association. “Seventy-five per cent of the people in the stock market today are not go- ing to make money,” he said. - “But the brokers will get the commissions. The 25 per cent who will make money are those who have enough to buy stocks outright and forget about them. “The time has come when bankers should take strong steps to advise these people to keep out of the market. Clerks and stenographers in the stock market now have no place there. The cycle will turn, and I want to issue the warning now. “Woman as a class should be kept out of the market. This is due to a tem- peramental condition. A few of them are better suited, however, than most men for stock market speculation, but there are few.” THREE MOTOR BUS COMPANIES MERGE Special Dispatch to The Star. DANVILLE, Va. February 13.—An- nouncement was made here today of the combination of three large motor bus companies which will soon begin maintaining regular schedules between New York and Jacksonville, Fla., & dis- tance of 1,400 miles, the trip consum- ing 46 hours. The busses to be used will be elaborate and the chairs will be equipped with head rests. ‘Companies merging for this long-haul service are the Greyhound lines, asso- ciated with the Pennsylvania Rapid Transit, which will operate from New York to Washington; the Richmond- ‘Washington lines, carrying the service to Richmond, and the Camel Coach Co. of North Carolina, from Richmond to Augusta by way of this cny. The Greyhound Corporation will carry the service on to Jncksonvflle ‘ Tobacco Conference Hel‘d DANVILLE, Va., February 13 (Spe- cial).—A two-day conference between tobacco growers of this section and bankers on the subject of crop condi- tions and prospects closed yesterday with warnings given C. C. Taylor, 35:- calist in |%r-cultun! economics, that increased tobacco acreage means lower prices. He offered figures showing :normou increases in acreage in Georgia l‘i:d n‘sflo‘nnuu u;nctx;luu in Noflguo m; a with continuing overproduction tobacco. Diversified farming and urgent necessity of the farmer rllsln" his home needs first and a “money crop” thereafter was emphasized. PARIS BOURSE PRICES. PARIS, February 13 (#).—A heavy tone prevailed on the Bourse today. Three per cent rentes, 71 francs 30 cen~ times; 5 per cent loan, 97 francs, Ex~ cbange on London, 124 francs 34 cen since March 8, 1926, when it sold on a basis of*5 cents. times. The dollar was quoted at 25 francs 61 centimes. JOHN JOY EDSON, President Organized 1879 Assets eeeser.85,513,051.63 independence. You'll find able’ and let us tell you about Equitable Co-operative Bmldmg Ass n Subscription for the 96th Issue of Stock Being Received Join the Equitable’s - Systematic Savings Plan . Lay the foundation now for financial systematic plan of tremendous help in accumulating money. Come in 915 F St. N.W. WA!-TEB S. PRATT, Jr., leemn 49th YEAR ertm Surplus & Profits. .. u,m.m.n the Equit- our plan. Consult Us Regarding Your Maturing Mortgage LONG-TERM REAL ESTATE LOANS 9%2% We Make l-‘mt Mortgages on Homu, Apartments and Business Properties in the District of Columbia and Nearby Maryland and Virginia RANDALL H. HAGNER & COMPANY, INC. 1321 Conneeticut Avenue. Decatur 3600 Mortgage Loan Correspondent, New York Life Insurance Company S A\.F'E FIRST Available a16.50; best held above 17.00; sheep and feeding lambs scarce s teady. Lambs—Good and choice, 92 pounds down, 15.85a17. 10‘ medium, 14.65a 15.85; cull and wmmoh, 11.00a14.65; ewes, medium to choice, 150 down, 7.50a9.60; cull and common, 3.75a g.oo: !mer lambs, good and choice, S N NEW YO! Pcbrulry 13 (#).—Do- mmmu cm"mmm hav{ ex- ceeded 12,000,000 net tons for the first time since March, 1927. In the previous woek the output totaled 11,675,000 net in amounts from $250 up. comes larity. SA THERE IS NO 'NEVER A LOSS IN OVER A THIRD OF A CENTURY That speaks comvincingly of the safety of our 6% FIRST MORTGAGES for investment which ‘can be counted upon‘as; somt! and profitable. i In them you always have quite double in security—and no worry about the interest. It MORT®AGES with unfailing regu- UL CO. 925 15th St. N:W. SUBSTITUTE FOR