Evening Star Newspaper, February 28, 1929, Page 15

FINANCIAL. THE EVENING STAR, WASHINGTON, D. C., THURSDAY'. FEBRUARY 28, 1929. FINANCIAL. 15 v vou_BONDS swoee sxenwves] |ARINE PRODULTS |WALL STREET DISCOUNTS RISE _ IcOPPER AT HIGHEST | LOANS irect to The Star Office IN FEDERAL RESERVE RATES| POINT IN 10 YEARS A Received by Private Wire Direct to The Star On Improved Property High. Low. Close. By the Associated Press. H H 3 d | 1781 8754 G751 | RemingtonAr 65 100 99 100 the ust. weos’ during Feopaary. that | the Tate will be raised & second time | scramble by consumers to buy copper|| nearby Maryland. ! 5 9926 9 9926 |Rem Rnd 8%s war. 13 94% 94 94 — Wall Street has approached the Thurs- | during the Spring. Sl avetaeaitos today had sent the price of the metal o 10 10018 10018 10015 ! ginciair Of1 6 + 9 100% 100% 100% | New York Federal Reserve Bank with- % 5 " o . Utlmy and COpper GPOUDS‘ S 70 10314 10813 103 14 Igi::::::v‘nn;‘.. 15 1034 i = oles | out anxiety as to what may happen |of the March 1 disbursements, nmognrt“ gxa;_;ifip:::gl(e:fi;‘caxinmm!l:‘ Hedges & Middleton, Inc. US4yusb2. 41 10812 1085 1085 | Sinclatr Crude 5148 3 97t 1 F S {to the rediscount rate. The general |ing to $400,000,000, and to preparations | that price, the highest in 10 years mdl 1612 oo 8¢, W, Bealtors. 7. 5008 h St th—T| ver | S Pipe Line 5s 2 Repopt Supplies From Sev- | 50 e e e Sli ot e (ot must fe mate. s tig: in ad at price, the highest in 10 , and | 2 . N.W. iz Show Strength—Turnove BORRION e BlellyiOlita. s B | changed, at least not untl atter” the |sance for the huge turnover that wil|a Tite of 11y conts this week " | les. High. Low. Close. | = . A | . & has | iake vis Aarc L W s s = — Becomes Heavier, [awraisnss... ™ 8% 5, O SRR 2y eral Distant Sections. | sy, taagene "on barcn 13 o G, e g MATeh I e S ol P bR il | i % | argenine s 100 100100 | Gl InA O NS bs 48, 7 102 el o would be imost unfortunate 1 the | be retired and the Srst payment of the consumers here and abroad were bus- First Mortoage — | L 100 4 100 [Bland O N ¥ 4358, 16 96w Government had to carry out a refund- | 1928 income tax is due. the produicers short of the metal and gag | 4 100% 1000 100% | 5 garkstorienteTs. 1 904 Three fillets, cod at 20, haddock at 22| jng " operation with the bond market| A canvass of Stock Exchange houses T e el and BY CHARLES F. SPEARE. 8 96y 96 964 | Copper 63°41. 11 110 and sole at 35 cents a pound, claimed | stagnant, yields on Government issues|today indicated that the February oo The advance waa expected o Money 8 1 Dispatch to The Star. 12 100i4 100% 1004 | rennisiecPow 6547 3 106% 5 % t Municipal | much higher than the rate on the cer-|charge for money to carry debit ac- i i1 Jevel ‘of stanilit "NEW YORK. Pebruary 28.—Specu- 8100, 100 100 | Transconti O/l 63%8 11 89 e e aeming. The flet of | Ufictes 10 be retired and the handicap | counts of customers Will be about 8% | continie Jntt new level of 8 - 3 7 R’ S 4 b reached. JJative conditions outweighed those of 95 | United Drug 58 83.. 7 Fish Market this morning. The illet of | or 355 %or” ¢ ‘per cent bank Tate mo | per cent. This is o avnaua | No Tecessions were expected until June You needn’t hesitat d were responsible - it 5 |USRub1strtés. 4 cod has been in the local market only & | boot. There are already enougl ary or in December, w] t the earliest. ate money rates today and were resp Australia 17 95 94% 95 B 7 ller. |culties in its way with acceptances at|was 9 per cent and 10 per cent, respec- | 8t the earliest. because of the size of {?r an :lncrease_r r|‘r'x the vt;l.llrr':t;VOfinb(:‘;‘fl!Au-lrln s . 3102 102 102 3:'51"::'7:':’ 7 short time and is pro\-md' good! ;e 'd S% per cent, commercial paper at 5% | Hass Pt ard 1R aree this month MT{\; A‘r\n:rc%:‘r:’ -B?:;pgo'iwfimd‘e? the I you want_ for ansactions. s was y q 5 514 | o le cod were quoted at an D 3 t T3 per cént| Ve His beriod of 6 and e loan " " nt | Bank of Chile 6%s. 15 96% 96 96% | Urah Pow & Lt 58, . ‘Who! v .| per cent, time money at T3 pt is due to a considerabls p aised 1 P construction, or - B e B s orCaliset e 10 90 98 ooie| SimEows L 5% whole haddock at 10 cents a pound. |7 4\ enewal rate for money at the | g1 !t cont money dering the middle raised prices on tis products 1y to 13 & Mo, Lor re- ‘han they have been rnover in Inter- | Belgtum 6s 14 100% 100 100 | yertientes Sug 7 | Jumping mullets, product of Flori Iend of the month up to 8 per cent and | or%pepryary. . — e Mot | 2 2 There was a heavy tunover in Inter- | Belgtum . 19 106 105% 106 |y s Sus fers, were in demand at 15 cents a end of the month up o 8, pet cent and | ¥ last statement of brokers:| CUAtInG quotations o e refined | amount is large or mational Telephone 4'. at an advance e £ e 18 08 10tk “’__..:\.Alvu)rtz gs 4 | pound_and sheephead and trout, nl.;g; The domestic money rates are very | Since the :;e statement R metal. et daleayat . a small—we have ample e L T | Baleim e 10B6. .. 6510541065 1054 | e from Florida waters, were quoted at 20| 4, &u% COTEN HG Sarkors, Tor they | loats ‘wastmide up {he'sion: manat ke ot D e funds available — and ered all but 1'% Wf" & s. The | Belgium 73 I1 114% 1143 1148 |l S Sl o { and 30 cents a pound respectively also" are 5o much above what they can pay i 10 points. "This would ordinarlly indi- | Ti°ath totaled 63,000 ta V\'hile o e we make prompt report February decline of over 8 points. s | Betann 3 100% 109% 109% | wArD ot ug 78 41.. ¢ : King mackerel and redsnappers, 50+ 10 their depositors that English lenders points. i e d pmn feanc.) ot on all apphicaticns werd fi"""é’é‘ \‘r;f» fi’:;:cf:é n‘;xnlmt;:‘r;m;s [Bolivia 78 2 90% s0ty ”“",u-:::nL(f:-g;'s'q 510 4 102% 10214 102 | from flOr{fi: “”"920"_",3 ?}f:“,‘,‘{‘,’g,‘,fi‘mminue to put their funds in ‘i)lcu New 5:‘33.-,‘2{2, nin‘cnrem it (w0 i | Pmases m; i pes h‘:f:ekot"fc led pp! . WOIREROUSTS O it to the | Bolivia 8s. 9 1014 1014 10U { et rhion 630" 5 1084 108 51y | former selling af { York market, which also has been re- | A X K ket and contributed quite a bit to the ooty 12 100w 100 100 | \Westn Hinion 8% 8. 2 10 108 1O |30 cents a pound. celving additional capital supplies from | of $192000,000. The situation ms e e el e b o e bes f tha speculative bond | Brasil $s 18 33 954 9% M%|wigondColatés. 3 101 100% 100% Other Fish Supplies. the Continent. Althoush (e BaIE bll| b e ancial Dperations that occurred | peon s fastor Sorii present rise, in list. Brasil Toreooi e 34 1000 100 1004 | Tn85tn SATEawi. 28 1004 100 100%| gpag from both Florida and North e rCava 1o 815 per cent. it 1s | during January and in the early Part|spite of efforts of producets to pre- Anaconda Copper 7s rallied eight 3 107 106% 107 RAILROAD. Carolina, always a good seller, were re- | rate, from Fia, 0 Pz BOC SO % yis | of this month. vent it. Points Souctinis: e imew high rs’g; o 1 100% 1007 100% | 510 gt Sou 48 1943, 6 934 sg |ceived in quantities r;-}xgg::tgn (et R e year. Public Service of v 2 e - & 2 85 515 | to supply the demand, t v forei; 3 gained 3 points and there vere frac- |Canada §a1981..... 2 9% 907 04| Atchisonag)ds.... 1 &ais 802 | latter place bringing higher prices than market, Since the a‘l(ll(l-:mcefl?(lt orelgn Use for Peanut Shells. tonal advances in Alleghany Corpora. | Canada 6a 1962, 31 1014 103 1041 | Atehison gen 4s.(. 21 903 (9% | the Florida stock. North Carolina roes B e Ao o il areat’ | In the manufacture of concrete for ton 5s, American International 5':s |Canada 5%s1929., 100 l.‘",' 100 e Al 90. 90 | were offered at 50 and the bucks at 40, xp’nccr'asz their loans In the near fu- |use on some floors where strength is = R e e hmies e e ‘o i1, | the Florida stock selling at 40 and 30 y increas ot required and lishtness s desired. | THE IDEAL INVESTMENT | Ttalian convertibles moving in'sy Chile ¢ 8 93 92 3old ds. 5 0 91N | cents, 3 ere has been made use of a combi- with Americans. o CUIBERAINE i =RDZGRI0 1L vty Lo | Croakers were in fairly plentiful sup(;? E Fu;e‘;ll‘l';\:;(]lxr:’rdzehzun‘gg:‘sd;ufalrsfl}m IMOReY | nation of wood chips and concrete whieh ||| Standard Collateral Trusteed More favorable business conditions | Colombla 68 Jan'61. & Siu 6 23 100% > 1091 ply from North Carolina packers at 20 {arer fimnished: by e O | uswers: & great meny: o) BaX Comanics Stochi Stiree Delpe Such e t‘y“h‘.“;m 21‘6; ;(L:'Z:e‘n‘r‘n:xhl:nw;‘é: s 96" " 3231?‘.;}1, :::“- i oy T8 pm“:-xd' m‘gfl q arhgiy\!»:"(lr?);' | Sources and are awaiting the time when | the m;ubflalb was more ("“"";“" ";“" A TRUSTEED INTEREST in 100 nd Deery 7s, the latter advan = Ly o Lol & S “ | tive and in demand, were receive | g s - bt o RS 2 ) vels | it need be by reason of the fact that Teadis C :elrly 6 points from their recent low.|Czecho x‘s 19 B !1 II\‘; A 1005 1004 | B & 0 SW5s 50 North Carolina and lower Potomac ne}s BY KENNETH S. VAN STRUM. 5 }c‘ugsthx;ncec.;n:‘x‘]llflfxntlrl‘:gcl:héxp_lc\;:: the chips had to be especially prepated | eading American C?fi:;j:"'e"e':.'u s On the other hand, the heavy tone in B:gvs:n‘i x‘u;'lc. sB. o 1:;‘ . lva‘ h.{: g&u; :leao& : . | weighing from 1 to 10 pounds and sel -\ NEW YORK, February 28.—Since the :’camy pr{ces Tise the amount of money | for the purpse. Peanut shells have| ;{.',.;. Paid for 6 months ending Jan. SR S LT L e L i T | ™ Pt "of them, very | Federal Reserve Board's initial warning | SeCEY BCes F5e (08 "l SO | been experimented with for the purpose ||| e 1s s TIELD. at the rate of | e, A o emea Jease. by | Duich Eaati 6547.. 1 1034 1034 1084| Beasereh av il e3ught ih Winter seincs in creeka |that It could not countenance the use | (L Wecelerates the Tise. fnd have been found to be quite satis- || 743 tor the low price of Thpberied | offered at par. o 3 i 3 7 7 97 s In, > 5 . Serve k it facilities for the ra- , A & the Missourl Pacifio of its subsidiary LIRS ar:ts... 8 07 87 97 S TR | atong the lower Potamac, sold aslaN &5 gipfi;&ec}}agmfgy loans, it has been |, ThUS, Investment Qp;fy\l’::: e e — | "Continuct srowth tn princial and e e K e eierhe | EramucicanTks. - 1 106% 1054 106k | Bk s menca b B e O, o desahy aiso ffom |SnATply criticized ok our N8 0 107CC | stockholders or investing themselves, | Dry Sleuth's Lie, Question L e iiaiadag may make s ssue: 5 i 107 7 P g ket, liquidation. vh it can & 1d_in lots 1l as 8 shares. tional Great Northern adjustment 6s. a [EFrench7s.... . }‘;fl: }‘1’{?: i i 3 tributaries of the Potomac, many M'S“’Lf:nmf‘{"cek_ e ity ek gls:ge t;n%r‘:l;y‘gg"c:elléu:mgemm could | Should a dry sleuth lie tn obtatning | e Ea il Al an. & shares direct obligation of the parent com- 75 105 105¢ 10314 | Can Nat4i4s 30, 1 them alive, were quoted at 1:) cents. over the responsibility of . SuppIyINg | po™ 0\ renaced outright. Foreign banks | evidence against bootleggers, was the Price, Call pany, and thereby materially improve 9T 977 95:4|Can Nat4tzsse, 4 ters were plentiful, 55‘5‘: ';‘1{2,‘,‘ onough money not only to keep back | oG, Purcha S iDplsd Sitn mn“%y Amer- | question raised in Glasgow. Seotland ! s 5 ol their status. 301401015 d015 | CAR NSt Sa bl 2 e g mastly around 43 and |stock priccs rising, but to fill the gap | eyt PSS SRR WU VRS WAl | Bentral Police Gougt sscentie T tandard Collat High money rates at the end of the 21 0B SRy JgyjGanad Northifign,, 1 stock selling mostly around 3 avee | caused by some liquidation on the part | £A% IVes(ors which are belng loaned 10 | CotTN ol beailen sy focently. beer ||| Shares Bunih Eept the beer geade leeuce 2 Sl e e oL alstay |of the hanks, The sdvisability of &1 o G LPeOE TR T ST e | o Y fheht & r | Prankiin 3783, B i 500k oo o |lCananipacideidn. . |6 S DoUnd, e a0 centa, | lowing “others” to Iend such large sums | sorves, had asked him if “the coast was clear” | = == group of bonds and for forelgns at the 7 oo 0% JoM|CanPacausds.... 8 By e e sciling_at. 60 cents, |In the call money market is becoming | ™3inte the American fnvestor elther |and he had replieq it the apciee ESmeet e s edns inuad i stes 30y | BRIVES- < oc2 S5 e I s S e e tnogked Bhirimp relling 60 8 “|a very important question. | owns or is responsible for most of the | “So you were guilty of a terminological B e | arie e TR IS 904 (Cenumipacineita., 12 | ecaiars s momning were han- | If the future trend of security prices | SuroiScs being loaned by “others” and | insxactibude. which io the wa i oical some of the Libertys higher and some 18 d2m 92 924 |Cent Pac 1st 68 40.. 21 e iics o tha |i» to e iupwardiithe ‘market williap=| SEENSIC IS DSREG B S SaT S0 [ ERA e wHlehs @ iha phitauien sty EXPERIENCED of the Treasury certificates lower, but 14 101 100% 101 rp b8 w L dling quantities of cnn;mod_x d“bug\ncss parently be completely at the mercy of | Loty "G RES P UER ALt o ETCant attorney. The judge ryled that the lie BUSI PROPERTY small transactions in both, S e e ek ol Ancicinating. hoavies busimess | ‘other” lenders, since further loans will | Feveis "o “some it Jooks &s. though the | did not. absstve tae mace, uat, the lie NESS The first bond issues of the week 25 100% 100 100 |Ches&Ogn 4l 6 and are anticipating heav;ler :;; To | be needed if security prices continue to | {o1eco % 29Me, £ AIONE A8 by own | fined. SALESMAN were offered today, one $10,000,000 ¢ 5 19 19 19% Chi B&Q gen 4s b 1 L tomorrow and Saturday. dl’g :"re rted | rise, and banks probably will efuse fur-'pocc siraps. State of Touisiana. highway 55 and.the | Mexico (a-10 15 390 30 son|ChiB &G atrtan o log lom 19 |SCarclty of any commodities reported | {iC: Iou % the markat. (Copyrisht, 1920 AN excoptions! oppor- e Ve o ibatavides 1 o 100 101 | ok e ra b & g 103 824 .‘,’,‘é‘,é;‘;’:é‘“;fi,?{‘f‘f; eggs, according to Use for Brokers' Loans. [ R tunity _for man who On::r':::‘ b‘x?r' tax-exempt securities is | Netherlands 2 99 99% 99%|ChiGt Westds69., & 67 66% 67 |reports, prices were about the same sl L. every one knows, brokers' loans BILLION-DOLLAR AGE SEEN. knows business properties et i [s};?ngmx:xylslxdex:gtmfi 12 108" 100 10 M BP AL ssts. | pr:;i‘li‘l’;logdhz;::;dg'nuch here with |include not only loans made against| NEW YORK, February 28 UP)—Im-| Spapeadiinifrat dend ot | ';::n':‘i‘_":“"“ ol“‘;'v.‘:;‘ Louisiana bond. A 3 : 214 ¢ e tock: bo; but' loans made nk ' rs and P 5 » Vs iRSnek ety wilch makes soms e Smffifiv““i‘-:“'“ Aot o eusm! e 2“::?5 lfe:a:-:f against :122 m‘:gsbt securities as well, | Pressed b}; hugec Pegk r::;:: wai | Joseph 1. Weller &9 ington’s largest and oldest of the legal bonds and many of the 15 1004 lot)b 10¢ Chia NW l:ln G without enc?unter g‘?e(::ci ts of the |In other words, brokers' loans are used |8rowth of great corpol 3 established real estate second-grade rails and public utilities | Ni 16 102% 102% 1 » d B . sulted in increases i s f |not only to buy and sell securities al- | Street is heralding the true arrival of allae. ite of the decline that|Norway és 3 1024 102% 1025 | Chi NW 4%a8 2037., product of the hennery and lowering o ¥ = Rnl Elhle LOIIIS O e i Norway 6 4 10214 102% 1024 |Ch1 & NW 63s.... prices. Hennery and fresh selccted stock |Teady cxisting, but also fo carry Niew | the billion-dollar age. The billion dol- e ) Lotate Loans | Rxneilene: listiogs ' and it i OrlentDev 5148 '57. 20 87w 861 86l Chi& NW 1 were, afferel avia and 43 cena higd SeHEt, 8 D permanent investors. 1In | laT or more list now includes 10 cor-|| Sooerisd Br QR deeds of jfrust, on leads. Extensive adver- Paris-Ly-Mea 6s... 4 100% 100 100% | Chi Rys 6 morning, while current receipts dropped 5 facilitate the | Porations and banks—the New Guaran- aryland. We can refinance your ma- titing € aason Bunie: Lived Million Years Ago. Paris-Ly-Med 7 5 104% 104% 104% |ChI R1& P gn ds to 38 cents. :‘nher'c‘-nseesx:g::-c alpo‘ml!ll I ;fol fidusm ty-National Bank of Commerce com- || turing “loan. Prompt and courteous || 4. Comm 2 pard 5 Chi R1&Prf4s.., 9 @ > Al ok Ay ety , United States Steel, Consolidated | i One of the most, remarkable and most| AFis Orleans 3ia. s ‘gois ‘95 CRIPac4awl., { 9: 62° 9:"| Todays Wholesale Prices—Jobbers' |The opinion is widely held, however,| bine. United stales Steel, Consolidated | “yiigg *JARRELL CO. Call or write fossil specimens in existence has [ Leru 6367 wi..... 31 86l 854 ChiTH&SHbs 2 98% 98% U8 Prices Slightly Higher. that loans made against stocks and 3 O ks Chase Bealiien Mr. Chas. W. Steers, x':g:fiy ‘Some info the possession of the FosNpLts 4 ChiTHinc6s60... 1 9l olk 914 Butter—One-pound _ prints, bonds already in existence do not fulfll | 41 Bank sq-":fip:,rmeo& elograph, Tn: || 721 10th St. NW: Main 766 Manager, Business ey rersity. | Peru 7a. 2 2 3 | 1 g ; 5 Pesbody Museum of Vale Unlversity. p;ron;zyiy 82 138 1 4|ChiUntonSta bs... 4 102 102 102 |4yp 5015a51; store packed, 30 aslte ':’;‘&“een‘;‘:f‘:;‘fl‘;‘cz‘?"s:c;r’;:;f ternational Nickel, General Motors and - Properties Department ;: m}:fifl{mx fxfihqfngn?,‘,mgleslgtlcée:: Poland 6s 40 2 82 g:: l..‘nvxfi"?’x::%-. g 15: l;;b: l;{;‘) Eign‘zs-flennery, df)-tn;ulrub Since many have felt that there is & 9.:"3“.‘;?'5'3’2%0 (‘slo‘alnuo% sc:anm;'efl is M M L d N. L. SANSBURY CO. of 3 Poland 7s (s¢i8)ass 15 87 > s B S Ia| 40242; current receipts, 38. - e 500,000, Z X . times from 500,000 to 1.000.000 years|po,27d o% ¢ D) 20 97% 97 CeWLbW862.... 16 102% 1024 1024 | “pouitry, alive—Turkeys, 35a36; Spring ;‘fffidégso fi?f,‘;{"&,"‘:;’;‘,fl:fi":,; esrGes s g ortgage joney Loane: 1 . The fossil is described by Prof. | pot0d (e 11054 10575 1051 | COCRSUL e BT 29 96 06 96 | chickens, 35a38; Leghorns, 30a35; fows, |1t 1 Imp {oseerialy Whethetithe ¢ tible Stock Called At Eawi likarastiRites ne. chard 8. Lull, director of the museum | [opio a1 11074 1075 1074 | Clev Term s ;3 100% 106% 106% | 28220: roosters, 19a20; ducks, 25; geese, | AP inicrease in brokers’ loans during GUFSEINIe. WSS SR, 1418 Eye.S¢. N.W. faniliiesting Mp itesbr fo1 eciebrate | euis 2 1034 103 103y | CoRRRVALANmata. L 974 9TW 974 | 20; “iceats, young, '5060; old, 130" |due %o the increase in new security| NEW YORK, February 28 (Special). T ler & Ruthgrford x ':*,9 4 paleontology, as being in a most unusual | p, Cuoa 8. .ecene % s37 | Dressed—Turkeys, 40a45; Spring chick- T (0 o o more credit is being | —Directors of Public Service Corpora- y National 5914 state of preservation, for not only is| g, Cuba Nor §%s ct: 6 86 85% B854 ens, 42a45; Leghorns, 40; fowls, 301 e o carry stock on margin, tion have called for redemption on May | | gepresenting Mutnal Benesit Life Ins. Co. the entire skeleton present, but the gy, Del & Hud 75 30.... 5 102% 102i4 102'; | capons, large, 45846 all, 3640, 1 at 110 and accrued dividends the en- 1520 K Street Main 475 bones are held in articulation by the| g,y Dena&RioGends., 1 90 90 90 | ducks, 32a33; geese, 25a30; keats, 802 | Main Influence on Brokers’ Loans. |i(ire outstanding convertible preferred tree == griginal tendons and Mgamients. “There |, gg 5 DRioG West5s... 26 974 97 97 (100 y . It is only necessary to compare the |stock. This stock is convertible up o e are also several patches of the hide.| iy Gr'Do Sul 88 3106 106 106 |DRG&Wst5s'78 7 90W 90% 90% | Meats, fresh Lilled—Beef, 22a23; veal, | g, ot ations of three series of figures in | April 22 at the rate of five common & The hair remaining is dense, rather Jong | Rome g3 54 90% 804 89'4 | Det United 4% 25; lamb, 30a31; pork loins, 24a25; {resh | ordor to get @ good -idea of this Situs- | shares for each preferred share, Of the The Careful Preparation q and straight and of a pale yellow color, | 5,0 payio 17 105 165% 103 |Erie1st cons hams, 23a24; fresh shoulders, 16a17:|4ion guch a comparison will show that |total issue of 160,000 preferred shares Of Your :Which gives & falr conception of the!sao paulo 1950..... 3 106 105 106 |Erie Gen 4 smoked hams, 25: smoked shoulders, 15| thare 45 a much closer relationship be- | 120,000 shares already have been con- | » “clothing of the entire body. Saxon (PW) 1 99% 991 99 | Eriecvibs sl wi 816; bacon, 20322; lard, in tins, 1372 | tween-the:trend of brokers' loans and | veried intg common. INCOME TAX I RS ATS, Seine 78 43. . 81 107 106% 106 | Erie conv ext 7: in packages, 14',a15. the prices of stocks on the New York BRI e On 1,"’,”,‘ p,,‘,ny i Serbs Cr Siav 1s §04 79% 80’4 |Fla East C 5874, 6% 764 | Live stock—Calves, 15; lambs, 131:a14. | 5ic K Exchange than there is between | 2 perty s 17 0% A 80% GERMAN BONDS AND STOCKS. Maryland and D; Washington Stock Exchange|seruscrotsioss.., 15 i 94~ 54 |Gr Trunk stdb 6s 1054 105~ 105 b brokers’ loans and new security issues. i REPORT in Maryland and District SALES. Shinyetsu6%4862... 5 894 89y 891 |GreatNorthbs..... 1100 101 101 Frult and Veg . This would indicate that brokers’' 10aDS | special Dispatch to The Star. 1 of Columbie ALES. Solxsons 2 99 99 99 |GreatNorgen7s. .. 60 110% 1104 110'% | The daily market report on fruits and | ore more closely associated with margin | NEw YORK, February 28.— Is Our Specialty. . ik Sy . 2 2 4 News Service, Bureau of and bonds. Ger Govt Red Loan with d ; . ; Waahingion Gas 65 “A'—$1000 at 105 | SCiLyS kuisitiers 3 10ats 10 Logw | HAmEl SV e 5 Saa &34 64| peonomics), said’ (sales to jobbers ex- | “Hopio 1uws nave seen fit to give | Ot Tt Bt fovn witn araw © 0 T G e Us Now and Avoid the Gclpolgl‘l ’l;l’;ct&r:nc‘oA—lgnnulsg?’u, 10at 1000 E) Pow 7 1 99% 99% 994 Hu‘;&h‘hn a1t 8rs 18 794 79 79 | cept where he;lwhe noéed)‘:k a— business px;obectlon hngmgis:m%sssble Ger Govt, Red Jieis Last-Minute Rush 0 2, 15 a 2, 2 Tokio 538 196 88 7. 7! » 516 93% ) Apples—Supplies moderate; del absorption of too much cre: e se- S s e R Utd Ki ‘::'n 5%s29, : 99% :9’: 9;: filu (u::a{uo.;: esr‘s 5 o a8 321: slow, market dull; barrels, Virginia, U. | curity market by refusing to extend to 90 . o asuL S on By S leo. pI0-—0 ME09. Lioed K ingm Bl naT, 51201 1000 106 | Eiee b aats.... 1024 101% 101% | S» No. 1, 2%, inches up, Staymans,|prokers' loans the privileges of the o merican Tu Serv]ce Totandit 10 at 8 Uruguay $8........ 19 108% 105% 108% | Int Rapid Tran bs. . 78 771 78 |scalded, 5.00a5.50, mostly 5.00; boxes, | Federal Reserve system. > ,,.,, Marchants' Trmnfer & Storage com.— | o, 00 20 86% 861 863 | Int Rap Tr 68 atpd 7% 71w 77% | Washington, medium to large size, extra | In the past three years, however, a| 95 Gy A 20 at 124 Yokohama 63 w i S 98 93 93 |int Rapid Tran os 8215 8213 821, | fancy Deliclous, 3.50; fancy, medium |new development has taken place which | » No Commissien Charges Mnrgnelx:tham Lll:’l:},vpvl?w Iltoalf& ;g l: Int m: et 99 93¢ ,,;.: size, 3.00; extra ran(-yh}?,lnrg:sk Ted{yl;fl | the mnk&rs oi]nur ba‘r;glmz Xav\"lsrdng"x:’o"i Jg 0 | 10813, 10 at 10814, 10 at 1083, 30 & MISCELLANEOUS Ini &G Nor 1st6s.. 1 106% 1065 106y | Lo large size, 250 bushel baskets. Vir- | anticipate. Always before o 200 10813, 10 at 108%. (.| Abramastraus B4y 13 1% 113 1157 | Int&GiNoradd gsE6128 93 © 95 954 | @inia, U. §. No. 1, 25 inches up, Wine- | resources have been placed in a com- 1% Executive Wanted EAVER BRO Iationel BLIEEIds AV. PIdol00 At N, | N it tie T HY ot abais sooh | D thoradligEinice (WE - 0s 01" | sapn, few alen, 175, 2% Inches up.|mon reservoir in the cystody of the 138 A% DI o EROALL L molat| AllseRasvie Ss w1198 L2k 102 102° | IntRy C A Sarct. 5 g6 96w 9 5%:3;“‘%,1"’,‘,’5‘1‘110" Reunnyhanin. | s e e et T e | 00 4300 Permanent position open REALTORS g 7. 3 ! AmAgTiChem 7%s8, 3 9 05 ansas City S b8, .. 0 1y | Ble L -00; h | i P : 883, 3, |AmIntCorbisa’4ast 1084 103% 106 |KanCity Termda.. 1 89% 80% Son | 2% inches up, Romes, few sales, 115, | loans, preference always being given wi 000 @0l to salesman or executive 809 15tk Street N.W. ot R e O 8 1012 1 A N o 1o 1004 | hasboreind. .. <5 197K 9Tl 91141 o ConaseMUEEaS Iotersies QA | DIEE o the security markets have | B @ 2% M with banking and real | | Main 9486 R P g N 7 Lehigh Valcnds.,, 3 85 544 Sdh! 11;-bushel hampers, 1.35a1.50. tapped another source of credit, and se- | 40 42.00 i M | at 54. ., |AmBugar Ref#s... 9 104 104 104 Florida, 1)2-bus such | 400 4300 @ estate. experience. - Must Federal-American Co. coin~—10 8t 53%%. | Am T&Toltrés.. 3 994 99k vow |Lon€ lart=d T e e vl 10 | tovels that Eaany, consatastive people be- e 8% #SH nave a successful record Mortgage Loan Correspondent Bid and Asked Prices. |AmT&Tcliie.o il 104s 1000 1064 | Louls & Nasn 1100 101 1017 | LR e e S0ns.80. | Iieve the general level of security prices | HEFCE? Santvic % 38| 254 cash or securities -of Hetropoltan, Life Insurance . " o -~ s . 748 : ve mer- jerman_Llo; ? X e o, ny AmTel& Tal $4s.. 9 1084 108w 106w | UACKCCEER 10, o0 10 B0 AN 1o, | Lottuce—Supplies T s A i e AurianA'E'e @enwicei 1 408 %0 (0 §15000. Forward financial " Am Water Wksds. 4 98k 97w 981 | M IRy £IL ss 2 109% 190 190% | moderate, market stendy o et sttt oo vt to | Rudolon Karstadt. 100 23.00 it ¢ “with. brief bi Am Wrtg Pap 6547 1 83 83 53 :‘""&S(L“’fs‘,‘;z” ¢ 2% 35 26 lcrates, Iceberg type, 4—5du i i s e comparison | — statement Wi rief bi- e ey MR L0tk [y Stivamhsicn dss b B0 Ak IERH |y, oo o SDDL s modestie; demand | M RE DR It DIVIDENDS. ography. 11 91% ) % o A o, 100- SACKs, 3 3 B xpansion s. -C, of @ Century's . 12 94 S0 o1 [MK&Tlates 4 80 Bl 84%|giates No. 1, medium to large size, 8.75 me o it the | ASCEIMIRC, P mate. par, SR | A Box 208-C. Star omee | fof a Contury 5 | Associated 011 7 1020 102% 102 | MK &TARE...c0s ] B N O e St 1ol of st o e o b | AL psearicayt =GR oy b i At Gult 8 58 AL 70 70% 71 L lows, United States No. 1, mediu : oy . A ‘ K & T prin 6 5 maintained, brokers' loans must remain N Q350 Apr Sribucls Stin 3 1004 1004 Lo |36 o2 TR O 18 g e Sumplies moderate: demand | cloge to present levels. - And if the gen- g B K 2 3 100" 108 1064 | ago vac Be 71,00 20 Ught, " markes steads: Michigan, 150 | eral level of securities ' is going sl e 8 dard M Consult Us First 7 100 99% 100 Mo Pacifio 58 G ‘78, & wpcun‘d sacks, Russet Rurals, United | higher brokers’ loans must tcra‘;eé s“;lfi) :%; g ’s g Y '2.00a2.15; New York, 150- | The market must turn again to PR ] If you need money for 1 10244 102i% 10235 | NatRyofMex 4s 77., 2 States No. 1, 2.00a2.15; 3 31 | principal source from which it has ob- F%] )1., ,} » 1 13 102 102 102 |NOTex&M5sB.. 1 pound sacks, round wmus,l U\;ttfi)‘ o ke 'R e ezt e your Real Estate financing - 288 8. seri 25 105 104% 104% 4 States No, 1, 2002215, mostly 2.00; | ™ ince 1026 brokers' loans have in-|Del L & W Coall: & 1250 Mbr 13 i||| let us have your application 3370 370 37 3 Idaho, 100-pound sacks, Russet Bur- a Q 2% Apr 1 15 y - Ry o Klec. s 870 3 2 g 1.40a2.80. | cressed $3,200,000.000. About $2.100, 8 i} 3 ) Rwy. & Blec. xen. 6 b 1025 102 102% 37 banks, United States No. 1, 1408280, 41000,000 nas been furnished by “otiers: 3 R4 1Ml today. Certain-Tdbarcts 12 73% 73 C 3 Spinach—Supplies fl"}flfl",i_":x: b‘\?nhfl $900,000,000 by out-of-town banks and T8 g0 Abr 1 Bl Prompt Service —to give attention only to a 95'% | Chile Copper b: 8 96 954 INYCentdebés. ... 9 light, market mnhyvt by $200.000,000 by New York banks. Since g H¥H pe. § B No Appraisal Fee periodical stat t ouch as &) 4714 | Colon Oil 68 '38 1109 109 NY C&StL 4%5C.. 6 baskets, Savoy type, best, 1. ? further expansion of loans by banks is 3 $1.3713 May 1 10 103 ° | Col Gas&El deb 58. & 99% 993 NYChi&SBIL bsA. 3 dition, 75; South Carolina, 113 improbable, and contraction more likely, s128 Apr 1 11 - i wé render when we have D 97 | Con Coal Md 15t 53, 16 €65 6 NYChi&BtL b%4s B, 4 hampers, Bavoy type, 1.00. 1 as long as busipess is active, “others § N4 Ml The Commercial National management of property— ® ©iConGasN Y 6%s.. 5 105% 105% 105% | NYC&StLEsA.. 1 Tomatoes—8upplies r_nndef?é must supply the funds if the market is | mnter Cement Gor: olop My i1 Company e ik th ‘Wash. Cons. Title Co. 6: ol 103" | Consumera Pow 68, 5 103's 1034 103's [N Y NH&H 4%s.. 10 895 884 881 | mand slow, market weak; Flori to go on. Titinots Bell ‘Tel Co. $2.00 Mar 30 29 P an to worry witl . . ST CKS Cuba Ci 1 72 72 72 NY NH&H cvdbés 26 122 122 122 ripes and lumfln‘. eryped - ‘l\"ordr '“ t‘:”i:é .. $2.50 Apr lelr 16 Incorporated thousand and .one m“" O 4 Cuban Am Sug 1100 100 100 |NYNH&Heit6s... 6 1044 104% 104% | count, 4.00a4.35; fair quality, 3. “Others.” s Onid, Binal “_l"g; ns Nes 20 Pald up Cash Capital, $900.000 3 PUBLIC UTILITY. Dery (D G) 75 3 69k 690 6915 |N Y ONtWistds... 1 69 69 69 |chojce count, 3.0083.35; fair qualdty,| ne “others” who appear in the week- | ay. tock 107 Apr 1 Mar 20 Commereis! Nationgl Baok Bids. ing details? DatroitEdison! 13 1014 1014 1014 [X 9 214 21 21 |200a2.50. . ly bank statement as large lenders are | Math Alk Worke. Q #150 Apr 1 Mar is 18Yent's! - D 33 1004 100 1004 L 842 84w B4 " siring beans—Supplies moderate; de- | corporations, foreign banks, individuals : T W s Our management service 2 10013 100% 100% L 82 824 82 | mang light, market steady; Florida, 7s=|and investment trusts who have been si8 pays for itself. 26 100 9914 100 5 90m Yl 90%|yshel hampers, Black Valentines, few |jonqing in the call money market. 9 iBA = 3 87% 87 B8T% ; :gfi :gfi g;;\- sales, 2.00; ;lunen and Round String- cm-penmmm uzxge ‘\;lhen th;y ‘:o no't fi "fg fi The CO ercinl & Elec : 1 113% 113% 113% |3 . 89 89 liess, '2.5023.00. s need money own_businesses. D mm: NATIONAL BANK. t6836., 3105 105 105 1 98% 984 964 | T pogpiant —Supplies very light: de- | This type of lending would normally be o2 i W 3 8 M s 5 B. F. SAUL CO. . | GenCableb%s 'e7. 17 ups 95% 9414 | NOTthern Pacry 9 111% L1k 11l | and light, market steady; Florida, expected to decline when husiness 1s|g; 5 Rles sugar. @ &30 A 1 Natlonnl Bank 5 Hational Capital o e o 102 10105 1010 | Ore Short L rfs 6y 0'n 99| pepper crates, medium size, 4.00. good and increase when it is poor, un- | do ..o xtra $28 A 1 Main 2100 925 15th St. 382 | Goodrich 6'%4s. 11 107'a 10735 1071, | BONNSYIcon ¢} 1 109' | " peppers—Supplies light; demand | Jags corporations are lending large cor- Wotah B taes S A0 A 1 330 | Goodyearsmrcts... 13 w2 92 g | Panasylgen 4 $ 9% tignt, market dull; Florida, DEPDr | norate surpluses in the call money mar- | Waldort Svs 'Inc..l @ 371z 4 0| Pays interest on DAILY BAL- 2 | S0 84 - 7 | Penna RR ¢4 2 9341 crates, fancy, 4.00a4.50; choice, 3.50. Egz_ In such an event they are lending | westineh Ei & Miz. Q@ $100 A Tl ANCES omSavings Accounts. 5 | Hoe& Cobls 1 8T 8T% 87wl p H crates, 3 g 3 ey Q £100 ADr 1 h on Savings Acc | Humble 011 8s. 8100 ogow oy, | Hennavifede, Squash —Supplies light; demand slow. | funds which they formerly invested in | (A0 PL-. ... @ 4100 Ab 1 380 | Humble O& K 5%a. 14 101% 101m 101 | EENN2YI 642 L “ | market steady; Florida, pepper Cratet. |bonds and other securities O&BCew.. @ 4304t I Mar13|[ Interest starts from DAY of 30 | iinots Bell 1at63.. 1 106 106 104 |LeRRSYIROIdTa.... B white, wrapped, 3.00a3.25. Forelgn banks have also been lending 178 A8t 1MAT || deposit and Is earned to DAY g # il msel n. .0 7 1076008 103 ||EecEBICIRAD ... Strawberrics—Supplies moderate de- | jarge sums in the call money market HREEREE 2l - of whitdvewet This investment | : 3 ar 1st 43 56. [ooser bl X | Intl Cement 6@ ¢8.., 100 118% 112" 1134 P 1ot 58 3 mand moderate, market weaker; since a great leal ter. 2 ] ' - | MMRIST A o ge o7 | Pilopie R 3 fon, quers coue, sageus St acporsshy been pased a their lepoml i Come in and let us explain. || SOOM gives you an 3"" | Int Mer Marine 004 1004 100% 3P 2 SL, & . 3 0 | inc Paper ba 47 2 95 98 e tion, 12ai3; pony refrigerators, various Resources Over $19,000,000 independent income i | Inter Pape \L B4 944 945 ReadingICARBL.. 1 LRI R 14th & G Streets Int T, . 11 14 % 9 as—8\ § Int Tel&Tel $7a5 v 804 11818 11605 11000 | StL IMAS 4820.... 7 erate, market steady; Mexico, 45-pound R GOLDEN DONALDSON, Presitent ||| When you put your money in 0 | anG&E 5% 105% 105 | Stl IM&S gn badl, 12 crates, mostly 5.50. Cides Company on {KanG & E6sbh2.., 1 105% 105% 105% 15 light; demand light, . 417 [ Kelly-Spring 8s.... 1110 110 110 23 Beets fi‘;p{’“:;.é‘ LB, g i = stock you put it to work at good i [Fasieqe b dans., §§ e atmais ! pay. In the last 18 years ownets 700" | Loew's 83w 0 war. R R Ul modeate; [demand Is Made of the Formation of ! of this sound security have been Al enlrane C 9 85 85 4 |StL&Sownbs'sl.. 6 Western lettuce crates, bunched, 3.00. : | rnd 196 monthly dividends total- 30 | Louiey G & 66852, 1 103w 102% 103% |3t P Un Dap e : Caulifiower—Supplies light: demand . tA | ling over $100,000,000 in cash or 5 .l::!dvlail" Steai b, .. 25 903 Lt 90t g::nfia‘:a‘fl, . H :xr%\:véln;-zrgez weaker; California, pony waggaman’ Brawner & Co.’ lnc, C ¢ isecuflna. ont Pow 68 43. ... 2 5 101% , 2.25. g ‘ : 3 g ' P SeabAL ad) 5s 194 Cucumbers—Supplies moderate; de- l vesting regularly in this security I;i::‘-:g:.xr-? ::fi“ € 3’;" 23.‘2 ;:"’ !“!;\?1 ;]co;l:;‘- 1 (3’ « | mand_slow, market weaker; fllx;'ghml Investment Securities omp € € Jfl‘:a‘;fl“m capital that \ gt w o5w|8B a d Ohio, 2-dozen cartons, hothouse | pni o Nat Dairy 5%s 49 95 95 95% an . will work hard and soon peovide for you R:arn’no:ufi 9 71 18% 76ulg 3} stock, extra fancy, 3.00; faney, 2.50a This C Continuss: the Bustiase of | Investment an independent income. ewEnglandTel 58, 2 1031 108k 1081 H .75. e et ompany 1 W NY Edison 6%s... S 1154 114 115% | 00 peSlnt 15 Ow-l'l!fl’—lflr’l’m“"lfl"Le . . At the presene price B e "L 19 1000 132“ 199“ Sou Ry Con 2 gg)?eti x’i?'i“’}nefimfi. v.osla‘;gz'size 03 508 B ervice Cnnn::-n&.:‘nflifl?:athln N . 19 106Y 'n 106% 3 L & - a N N e s e . : O il ioe 3 o0 Waggaman & Brawner, Inc 7ou & et yield o il 20 101 101 101 16 pefruit—Supplies light; demand at 22 1014 101 101 H IRTkel Ay o o, boxos, Securities Department | HENRY L. DOHERTY & COMPANY trict Natl 5108 1021 10215 2 sizes, 2.50a. 3 réé. i Storase” i Nor States Fow s, 1 103% 105% 103 | ] 4 ol e GrLLer & Co. ! Southern Bidg., Washington, D. C. | Pacific Gas & E1 5. 10 100% 100% }fmx‘umon -'e‘u]q'” 1o Preduction of Lead. Under the Same Management and at the Same Address | BANKERS ! pTleessend me withoue oblguion, perin s PaoT & T 1aths... 1 102 102 10.% | Cirzinia Ry 2 YORK, February 28 i INVESTMENT BUILDING sbout Cities Service Common stock and LR L B B S T | rid prodiction of lead in January in- 1700 Eye Street N.W., Washington, D. C. WASHINGTON, D.C R ! Gl 05 sh 2d 5 1 0 compared w E ) NRO- s csesammme rsnescssscnsesems sasocasnsessane 55 '9%% 95 98| Wapaah 1 150,641 tons in January, 1928, but de- Telephones Main 4804—Franklin 7485 ! Tl hons; Mt 2469 |y . B BetroBids.. 8 80k 90! 180 3 creased r;\mpnrrds with [;;remhar pro- | Snilips o S NaeiL st 6 »0% | duction of 163,205 ton: omestic pro. ek R o EOHRIEA Fon Ay, ARt MiIn IR 08 = H 7% duction waa 56,897 togs, against 87225 P dviaded, " P Pressd Ste 2 95% 954 95) Wilks-B & El1st5s 10 72's in December.