Evening Star Newspaper, March 8, 1929, Page 14

FINANCIAL : TAR,. WASHINGTO FRIDAY,. MARCH. 8 FINANCIAL. STORE SALES SHOW [ NEW YORK STOCK EXCHANGE &serzasowe | (RADIO LEADS RALLY | GAINS'N__JANUARY e S o o e e (i ey T IN STOCK MARKH : —_— ’Yi‘;“rosrurg}y:’s ——— Ab&Straus pf 7. 110% 110% 110% 110% | Cudahy Pkg(s). 584 58t 58l 58l | Mad Sq Gar 13. 35 22 224 Texas Coroncd). 5Tn 68 1 Adams Bxp(6).. 520 525 520 525 |Curtiss Aerocl). 153 135% 151 -155 | Magma Cop (4). 7% 74 Ton|TexCorso% pd. 5T o7 5 : 3 Federal R Bank| Adsms Millis(3) 8z 83% 82 33% Cushmann pf(T) 120% 120% 120% 120% | Mallison & Co... 28 28% | TexasaultSulid) 72, Tl ’ First Trust Notes edera eserve ank i 4v Rumiey.... 684 73 |Cutir-Hami3%) 617 6l 604 60% | Mandel(2%) 5 aHi| TARCROIEL ). 166 ion|Gains Occur After Opening i : Monthly Review E ing. | Ao . PO TN S LT RN e el T T 3R Thatcner Mg, . 18 . 18 | (Denominations of $250 and up) Ahumada Lead.. 3% 3% % 3% i g Man Ei m2g(ds) b1 T Sty . ; . D p—— ncouragmg. Al Redetn (13). 107 * 1075 107 s Dol & Bud (). 190 198 194 D 3 3 LW ol & Brop—D0il Shares Are Secured on income-producing properties in the ; Ajax Rubber Sw oo G 9w [DeEHUER)... 198 10 100w 1801 | Marncaibo " oah 3 . Se 0 Local Market Active. Aiaska June Bg 8 s Tl os LA e 23 173 Marland Oil. 5 | Thomp J R(3.60) 49% Taken Up. District of Columbia and nearby Maryland. . mai 7 Tidewater AsOil 19 L & gl AllsgahyCorD: 30 e oraius [DStOIBAIR). 4 2401, 2404 2401 | WaTmOn Mot (4 o TIAWASOIIDI (6 3 Interest and Principal Guaranteed ¥ Allaghany A b be" 297 287, 284 e e 59 ¢ “| May Dept S(4). - 94 | TidewatrO(80c) BY GEORGE T. HUGHES. . s < sae BY EDWARD C. STONE. o o - S 'q Mamond M (8). 521, | Mas . Gavy ue Tide W OIl pfib & 90% - o s : STONE. | A3 ShSmec. T2om Laaw 12ow 12dn | Hamond M (&) |y (1) 110 e b o [ e mishe District National Securities Corp. Detailed information culled from the | Allis-Chalm(7). 181 182t 180 182% 1y, 0 e gy , Maytag pead). .. 4| Tobae Prod « NEW YORK, March 8.—Disregarding | - [ Pederal Reserve Bank of Richmona's!Amerada(z).... 3L 3l 304 I |puiSS& Atian: | Maytas 1stor® s N sTe sl pobeg P () A P ot b Suite 303-307 Telephone Main 2994 monthly review shows that total sales|am aor i B e e gy |Devontds N). Sien. | Tobac Proa A«7) {market today rallied impressively. Ra- District National Bank Building H Am Agri Ch pf. Dug Lt 1s145). " 5| Tob Prod A (n).. 21% Y fo had th folent ! fa 31 leading department stores in the| Am Bank N(13). 122% 127 122% 127 | Durham Hos. Y 9 | Miami Cop (3). £ %! Transcont Oil. . ?ngmt.rlsl.sngler:rl:t?vee?y Eo“figfl{fdclfi‘s?fié Fifth Reserve Dis T e [DiswwiHGsr 3 iR e 1 4| &'W() z 2 | around the best of the session. =Money, o gy | omntiieh). B0k b e leoet|Enatminfisy A 5| Mia States etrs.. 2% 2 274 | TruaxTraer C... renewing at 10 per cent, dropped to 9 1970, were 8 per Rl frowsitoy 2t 2% 20t~ is Matenihxle (5) 3 Midland pfeti2 % 254% 2. 2 Undwd-El F (4) per cent in the last hour. vent greater than A, fie 1o 11s A 2. Miller Rubber... 24 24 23% 23% | Un Bag & Paper. The advance in Radio amounted to total sales in_the v AmCAr&Fdyees. 91l 9T 975 ot ® 3 3 3 | Minn & St Louls 3 | tmon Carb(8). 5 % |more than 32 points as the stock same stores in Jan- q | i Chain prc1). 77 19 7 S| Mo Kan & Tex. . 7 7 Un O11 Cali2) crossed 439 for the first time in the uary, 1928, due Am Chicle (2).. -b2° b2 62 52 [ElecAulpf(). u % | Mo K&Tex pf(7) s | Union Pac(10 2 3 314 | history of the corporation. At this figure chiefly to increases i Drug (600). 9% 9% 9% Electric Boat. .. 3% | Missour) Pacific. 82 2 % | Un Pacific pf(4) 4 it was 70 points above the close last veported by Bich- . Am Encaus (2).. 421 421 40% 405 | ElecPow&Lt(1), y 61 | MoPacific pf(5) . ; 215 133 | Unlon Tank(5). . 1 | Wednesday. Consult Us Regardin Egm; grrl:“Wnsh- 3 Ain & Kor. Pow. . 106 1095, 106 108 I;::ic fi&Lanfin % 108 5% 108% ~i‘~‘x“"¥"€x°“~5§2' 57 g:g g‘lscuiél.lo. 7% % There was nothl:g xm the overnight | ¥ g 4 gto) & A & , | Elec Stor B (5). % % ont War o 04 3 26% 130% | U gar St(1). o 22 % | news to encourage buying. On the con- M Sales in January R EmaEniD.. . Moon Motor. ... 6% 6 Utd Cgr St pf(6) {rary the increase in brokers: loatis was Your Maturing M origage everaged 6.2 per ca SS(1). 28l 281 281 28| I5M Brantgm(A) Y 6 Mother L (40¢). Utd Dyew pf(7). 5 much larger than had been anticipated. cent above aver- DEiS) 577.‘ ri 77:: ;7,: End-. 4 b Motion Pic Corp, Utd Elec Coal. i In fact, many authorities had predicted g e e Qi An Bremus; e o e SR Sh O ey KMarihIl 1y 30 151 130 | UAS baperbebet. gt oh St o e peaeat amerve sonts| | LONG-TERM REAL ESTATE LOANS} yeors 1923-1925, in- s R R TR & PuS pf(5 g % | Motor Whl (2) 4 43% 43% | US Cast Ir P(2). : was one of continued money strain and, the gains Sk Ancoweti®s. 107 100 10aw tavis ] ENE PuB of 5 7% 97 % | Mullins Mfg. % 664 65% 66% | USCIP2d 1.20.. [ finally, there was the frank talk by Mr. again occurring in s o el el B T T T | Mullins pf (7).. 94 9414 941 | U S Distributing 7 Warburg about the need of restricted Richmond and charies M. schwab. | Am Ma & Fy(4). 176% 177% 176% 176% | EHERR..evenn 5 : Murray Corp. ... 6% | |1 S Hoftman(4). : measiites an' speculative: excesses. 1 Washington. Stocks Am Metalsi3).. 67in 68 67ia 677 | CTI® 18t pL. 3 ; 2% | Nash Motors(6). U S Alcohol (). 0 7 2 The market paid this budget of news of merchandise on the shelves on Janu- |yt yei 28ty %50 %5, Ol 6] Erle & Pitts ‘ Nash & Chat(7). 193Y% 31 ;| US Leather.... 6 26 | the compliment of opening lower. Ana- 2 0 ary 31 this year were seven-tenths of | A Nat Ges pf2 99" oo™ 9" oo | Bureka Vac (4. 49 NatA e e I): b ; U S Leathr A(4) conda was down over 2 points, General 1 per cent smaller than stocks at the | y\n, p'g 1 (g1).. 1077 107 106% 106% | EYAnsAuL 1234, 684 Nat Belias Hest b oore | VS llealrvy(n,, w927 4 92%| Rliotrio more thant'd audSteer ssme- end of December, and 6.8 per cent 16sS| AmpgLpfsta 6. 511 5l 8l Blty | 1 irbanks(d)... 47 Nutl Biscuit(17) f . 1787 HS Realty rts. w8 4 | thing less than 2 points on the initial than/Stocks on Sannary; r:*;éeé%g.a asa';gg AmPo&L1 pf(6)) 102 103 1025 103 | FedLt&Tra 1175 [80 Nat Cash Reg t4 : 2 e ° ) CIE Gl e B = We Make First Mortgages on = = R ; . Am 7 12 182 |Fed Mot T(80e). 18% 13 ] N iry (33). 3 oo o SDR Thi covi poitionately. s phase notlasf i fes i istri cont. of Stock carrisd during he month, | A ‘!};dé;g&r)tsj 1s }E: 180 B2 e o Jlan ¢ S| Rt b’:;,’sié, e 2 E:Sym:mm. 7 6 5 " |long. The same interests that have been Homes, Apartments and Business Properties in the District of Columbia Collections totaled 31.1 per cent- of | \m Republie 4714 524 4T 49 |First NaiS(14). 69% 6 Nat Distiliers D o) e active in Radio resumed the bidding up and Nearby Maryland and Virginia receivables outstanding on January 1,{am saf Kaz.1 67% 67% 67% 67% | Fisk Rubber. ... Nat Enamlg ( it 9% 99% | process. The old stock, which had closed I-:énJ’P;C;gta&;;hfxg}t:afl“:;;‘: h‘};;);; Am Seating(3).. 34% 34% 34% 34% | Fisk R 1stpfev. Nat Lead(b).... 15 3% Oiife ;fi;:‘."&'.,’ at 407fyesurdnly. h;dlt:uct;xe&ns :d"“ i s Am Ship & Com. " Fleischman 3 4 72% 731 | Nat Lead pfA(7) TtahCe o noon for a gain o points and this than in January last year, while the | Am Shibcaesty. 83% 8o Sepr 8o | Floraneim tAr 63 83" 63 Nat PowlL()). 557 5 bt it ‘, “{a% | on tep of & rise of 37 points yesterday. | § RANDALL H. HAGNER & COMPANY, INC. other cities reported a slightly 10Wer | am Sm&Ref(4). 115% 117:a 115 116 | Follansbee 1214, 64% 65 : Nat Ry Mex 2d.. 2 2 iiene ;i | The new stock went along to & new top . percentage of receivables collected 1ast | aAm snuff (12).. 199 199 199 199 undation Co.. 52 3% 52 3% | Nat Supply (t8). 119% 1: , Vadasco Sales. . 3 2 4 since ssue above 85. 1321 Connecticut Avenue. Decatur 3600 month. Am Snuftpf(6). 112 112 112 Fox Film A(4).. 3 Nat Surety (6). 136% 13 3 35 |Vadascopf..... 5 75 Western Union, which was another | R\ o . Wholesale Trade Spotty. | AmSti Fdya(3). 68% 695 68 69 |FreeportT (4).. 4 Nat Tea (1) Sl R o (19), b : s g b oo ortgage Loen Correspondent, New York Life Insurence Company 5 ¥ Am Sugar . 81 8t 81 Gabriel Snub A 755 Nevada Cop (3). Vick Chem(4). .. 5'4 850 | session, forged ahead again today into : Seventy-eight wholesale firms, rep- ) Am Sugar p! 4 avdbes Mator. . . N O Tex&M (7). 185 135 | Vietor IhIKE(0): 16 j new high ground as t sold at 216, The <o g si <, - | Am Sumatra(3). 91 A 3 ' a N Y Afr 8r($)... 4 W 47% |V advance in Radio was connect e Tesenting six important lines, sent con- | Am Sumatra(). Gen AmTCG4). 81 9% 9L 931Ny Ceniratini: 191t | Vict Talk M efs. 160% 168 16 gossip of the day with that in Western fidential reports on their January busi- . o . b i Va-Caro Chei P " %4 i The low-priced Radio-Keith- AmTel& Tel(9) 213 215 2121 214% | G e L NYCase). 188 1 % » Chem. | 200 1 Union. The low-priced Radio-Keit ness to the Federal Reserve Bank af | am Tobacco(8). 171% L71% 171% 171% | Gen capia To0): 08% 106% 1N ¥ CStL ufe6). 106% 106% | Va-CarCh 6% pf. 55% a6 56 | Orpheum went along sympathetically. Richmond. All lines reported upon |Am Tobac B(8). 174's 194', 174' 174'% | Gen CnbleA’({ N Y & Harim(5) 3 A 5 \Wabash... » . 7 Aan)er xprldenb of the_ early deal 4 p ahired Sehionnl dntreases in Tanusryl AMWVWARIUS). 88lc £6 85 |Geh Cigars(d).. 80 8 r NYNH&Hart(4) o : E Waldorfilig).., 3" N 3 ings was a sudden display of interest ) [ & AmWWist pf(6) 99) s 99 sen Elect 2 N Y ont&Westn 29 Walworth k 5 in the ofis. For a time nearly all the ||| Lo . L4 . i soles in comparison with those of De- e o6 e ot 2 2l E30m [N Y Ratlways pt 1 Ward ClA(E) g (AL H DD i T L qlllta e O'OPeratlve ut lllg SSn cember, but the gains in dry goods and on D! Gen G&EI A 115, 88 { : f:;‘\é" vfu" 4 b 4 4 \:Ilan] Baking B. 13 3 g?riocm;{kdl h'.;“,‘,’é,'f';{,';;‘:; “fié’é‘fi?{é . % - | Am Writ Pa ctfs 2 Gen G 4 3 ', | Nor nirio) X Warner Bros Pie 1 eaboard gained o 3 : o With ol .| Am Zinc pt..... 104 104 Gen G&EI B(12 NorAm bl % st i 10 Warner pf(2.20) b 23 other sf 100 S e ey ah | ADaconaa (1)... 166 159% L65% 169 | GonGus pf BuT) 104 5 | North am pf(3). 52 b2 B2 | Wurner-Quit).. §2% | Marland, Sinclair and Standard Ofl of ||| Assets ................$5513,05163 Surplus & Profits......$1601,704.98 e s ble, i Anchor Cap 2.40. 57% b57% 57'%s 57% | Gen Mills (3 82T B2 21 | NorAm Ed pf(7) 101 1 Warrn Bros (16) New York. : iy i R ol RN Lo Anchor Cap(ris) 1 1% 17 1) Gen Mils b o avi, [ pio e Eniioya g Warren F&Pipe. Pt et L G Subscription for the 96th Issue of Stock Being Received oo = ' 2 ndes Copr (3). 61% 63% 61% 63% | Gen Motors (3). K 5 | Nortn Pa % eber & H (j4). 5 v E of 4 e Y J00. liarelier D (4). . 424 40k 40 43 |GenMotbetlsss 1550 | Norwajk Tire! 1 Web&Heil 0f(7) strength In the leaders. It was well an the shelves of the reporting firms |Arch-Danpf(7). 114 114 114 114 |GenOutdrad(2). 3614 | O11 Well Supply. :\ ebster-Eis rts. 4. 1Y abu;‘rbedi’ hcl'(wtzvel;mgrx‘ldteme ree!ctd';:fg ot the end of January, 1929, showed the | ATmour Delpf7. 89 89% 88l 88% |Gen Ry Sig(5).. 106% [ Omnibus. c % gg | Ve ORSHORE 7. 0 b gl gt e grovnd et Think of the Future Ssual incrcase over December 31, stocks | AFmour II(A).. 14% 143 14% 14% | Gen Refrac(3). . % 4 « 80% | OppenhmCol(4). 79% & 7 W Penn EI pf (6) close as the opf nr':‘x‘h‘ ed ground that in every line for,which figures were |ArmourIli(B).. 7%« Ta 7h 74 |GilletteSR (5). 115 | Urpheum pf(8). u Al LU v ldbe. offoved would be more gener- By Saving N available, but were smaller than stocks | Afmour HIpe(7) €0 60~ 80" 80 | Gimbel ras. .. 40% | Otis Elev (6).... 5 A O Mo it e i de Dl et y dauving Now hand on ‘January 31, 1928, in T i 5 14 30 - 30% | Glidden (t1%).. 42y | Ouis Steel 5 ¥ 5 2 posed. o ot Ar7 | AssoDryG (2% §2is o3 G2i o Gidden pr pecd) 4 105 105 | Otls St pr pE(7) 108 103 103 108 | o PR B o i e o Bous rallod: Packary Lay the foundation mow for fsancial llecti in Jan- 5 ol olph). 58% | Outlet Co(4).... . I % o = % 2 S -mgli(? “J&’I“éfiia?ififls’fi§°3‘;‘nfl.,y 1 30% 30% 30% 30% | Gold Dust (new) 70% | Owens Bot (c4). West Md 2d of. ' came back after an early drop and so independence by saving systematically ; 2 3 West Pacific. 381 | did Stewart Warner. ¥ were higher this year. than in 1928 in - 200% 201% 200% 200% | Goodrich(4).... 94 .. - 6 3 = 3 v 1 7 itable. o 3o b ol s and ruge. but grocery, | AU Coast L(110) 188" 150 180 Goodrich pf(7).. 113 113y, | Facine Gasizy 6% | West Pacitic p! Money renewed at 10 per cent. Call: in the Equitable. You'll find our plan 915 F St. N.W. re , Shell’ Union O FIVE CONVENIENT OFFICES Investments Located in the Distriet of Columbia and adjacent suburbs in Montgomery Pacific Gas(rts). 2% 7 W U Teleg (8). 7 & 213 ing of loans was nominal during the of tremendo help in accumulating - were lower last month than in January, AuasPowder(4). 98 99 98 89t |Gotham H (235). 8 103 | pac O1i Stubs. Weston Electric. 25% | small withdrawals wolld force an ad- abcut it. The behavior of the stock market|AUtostrap A(3). 47% 48 474 48| Gotham H pf(7). 100 | pan-Amer Pet B 42 White Rock (3). Zof the board of the Bethlehem Steel|Bambgrpf(6%) 108% 108t 1087 108% | GTRRDY (O)..... 0 90 | park & Ti1(33).. Wilcox (A) 23 nwarranted. Returning from his an- E:mn.umr. .20 20 20 20 |GrandUnpf Pathe Ex(A). 3 Wilson Co pf A. market activities to conform with 8 |BeaconOll...... 22l 23% 2215 221, |Gt Nor pfetsts) 10 109% | Penick & Ford.. 467 ' Worthn Pump. . Hares ¥ o Bl ¢ ago, he sounded a warning note against | Best & Co(3).... 8! 85% | Grt Wn Su pf(7) 119% | Pa Dix Ct pf(7). Wrigey ((13%). o SKOB_T-TEiM. SEC:URiTIES. Sare” Yesterday he stated that he had | Bimingdle pt(7) 110 110 110 110 |Culf StatSti(4). 717 | Pere Marq pf(5) Yeltrhcas o i a5 $%What T ‘viewed with alarm’ never 181 188 3 | Hack pt Ac1%). 37 |phimaRC&! 3; | voungstn Shis;. 110t 131 110" 110" Imade money except us old-timers, who | Brockwy Mot(4) 622 63 611 63 | HamiltonWpf(6) 102 102" | Phoenix Hosiery 1:30 p.m. 2,551,900 2:15 p.m 3,062,700 . Rws, 4125 1930 90 | property in the City of Washington on a straight three- « ferred stock in the Bethlehem Steel Brunswick B(3) ¢49% b52's 49 52% | Hartman A(2).. h 26's Plerce O11 . I'.Plnly 'ltr:. a‘m‘-’:‘"'u"’&‘l? stock. ©one wants to own something. Huoyrus Out). 4on (0. 46 o Horanes Corpe S5% | pirenls, Italy (A) . Eay: 77 |H06&CoA. ..., 20 | Pitts SUpr(7).. toc i ol F1u8, 6% | GoAnd’ Trunk Canada 6s i s 10802 || el 1937 9 will continue to. Who can compete|Bush Term(g2). 72 721.72 721 | Hud Man(24)., 5015 | Postal T&C pf 7. Sincleir Crude Oil - N Lively Trading on Exchange. ButteCop&Zine - 8% 8% 8 Hupp Mot(£2).. ~ 70% 72 . Tiy |Praizie P L 13% X 5 LT e ing feature in lively trading on the | BultéFiekCo.... 32 . ‘327 32 I1i Cen Iss 1i(4).. 79% 791 Lol piLoatAR St i gyl 25 g Westetn Blcetie. &b Tor the day of 130% and & closing price | Gallates Fome 3% 3% 3% | inaian Mot prei) S0 | CiDsRRG DTS e | e BiBTeNt S peRie e asyel, [y s | 344 | Pure U11 (1). strong, the 6 per cent preferred moving | Caro Clin&O(4). 921 921 9215 9215 | Inland St (3%). Merchants’ Transfer & Storage common | Cavanah Dobbs. 371 38 3715 373 | [nterconRubber. 34 | RadioCo pf (3% ) 55 Inc., Wilmington, Del, is reported to American Security & Trust Co. stock | Celotex. (rights) . % B e 1y 5, | Intl Bus Ma (§). 157 5 Real Silk Hos 78s, , lose caps for scaling bottles. out at 104 and District National Securi- | Century Bib. 16% 16% 160 e |int Comb pr(1). '3 | Reo Mot (11).. Sore 3 terday totaled $1.597,000, compared with ||| Mortgages Md. In the bond division, Capital Tractioh | Certain-teed Pro 22y 22t 221, 22y | W Mich pf 3.20, Reynolds Tob B. % 5 54 | ports, $1.500000 came from Canada AUGUIf& WI.. 40 ' 2 § hardware and furniture percentages |, . per(t13) 65" H . s ; 5 132 Westhse A B(2). 5607 51 | morning, but supply and demand was § Tom. . ] Atlan Ref pf(7). 116 117% 116 117% | Goodyr 1st pf(7) Schwab Cheerful Over Market. | Austin-Nichels. 6% .6% 6% 61| Gothm nvi2i). 6374 | Packard (13%).. st Whits Eeglecay. i 36 364 | vance in the rate. S % during the last five weeks has con- | Bald Loco pf(7). 116% 1164 116% 1161 | Graham-Pa; o 4T 47% { pan-Am Wn B. . y 5| White Sew Mach 5% 87 TREASURY CERTIFICATES. % Corporation, that his worries over a Na- | Bang & Ar(3%). 68. 68 68 68 |Grand F&W (1) 92 | park Utah(80c). 215 2 | Wilcox Rich B.. # nual vacation abroad, he declared that 38%_ 41 38% 41 [GramtWiT (l).. 12 Patino M (3.89). % 42 Wilson & Co pt. more modern business man’s view.|Belding-Hemwy. 13% 13% 13 13 |GrNorOrefs3y 3214 | Pentck&F pf(7). Worth Pump(A) 83 8 2 214 i 9620-32 & inordinate speculation and said that he | Bethlehm SU(&) 993 101 98 101% | Gregne Cana(s). 176 5% 177% | Penn R R(3% ) Allis-Chalmers Co. 5s 1937. 9 9974 3 decided that 'his ‘opinions were thosé | Blumnthl pf(2). 103 108 103 108 [Hacknsk W(1%) 27 | Pet Milk (1%).. YelTr& Copf.. 80 80 i " of Amer, 5 o R E AL E S T A ’I' E e er Min. 1045, ¥ 42, 9 ¥ materialized, and I think now. that per- MfgFCo.) 47% 49 47% 481 | Hahn Dept Stor. 4 481 | Phil Morris(1).. A Hourly Sales on N. Y. Market. were afraid of the high prices in the | Bkiyn-Man(4).. 75% 76% 75 75% |Hanna MA (7).. 9214 | Perée-Arrow. . . 4 3 arD'Tidend rates as eiven in the above tatle | G, R " 9 ' 99 year or monthly payment basis. Corporation is owned by employes. Gen-. Brunswick Ter. a::t 34 33% 34 |HartmnB(1.20). 2 3 9 | Plerce Petrolm Jear—no « 3 “As long s the people remain en- | Bueyruspl(7).. 14k 116" 1145 115 Hershey pf(4).. 3 831 | PrusCoal. . e Wt carmed. e Favabieh cash o 2 3 M K. . Remember, the United States|BurnsBrospf(7) 106 105 105 105 |Houston Oil Per R1coToA (7). United Cigar Stores common stoc to time. 8 % In stock. TRUST COMP. > with us?” ¢ Bupb Ter ae(7).. 109% 109% 109% 109 | Hud Man'pf(5).,. 7 731 | Postum3). . Y W Southern Pac. R. R. Co. 4s 1929 Lanston Monotype was the outstand- | Botte & Sub(2). 104 10w 97 11linots Cen(7).., 142 e Shion o1t Washington Stock Exchange today, 88 |BYer&Co...... 150 156% 146%156% | Ina O & Gas (2, 79 | Public Serv 2.60. 3 Plasit production and profits of the | 1) I R A A L TTH of 130%. - Mergenthaler also appeared | Calu & Aris 67 180 1900 135" 135" | Indian Retining. Puilman Co(4).. 2 » history, said President E. J. Kulas. Its and 10 at 108%%. Can Dry-(1434). 81-. 83 81 8 |Indust Rayon. .. = St ine P“uo"m”‘; ! 23% | cent over February, 1928. Operations | A¥ Liow Intesst Rates Purity Bak(3).. 1235 T l & R tl‘l I’f d at 112}, and closing at 113 and the 55 Inspiration C(4, " 52 Radio C« o . Du Pont Cellophe - g 5 | Car C1&0 sta(5). 101 101 101 101 piration C(4) 0 Corp 3 u Pont Cellophone Co., subsidiary of yier utherior APPLICATIONS INVITED came cut at 126. Ten shares of Capital | Cav Dobs pf 6%, 105's 105% 105% 1051 | Internat Agri. .. i Radio-Keith(A). 54% Y 34% have purchased the business of Capes 1520 K Street Main 475 for LOANS on sold to the extent of 40 shares at 470.| Cen Aguirre(2). 40% 40% 40 40 | IntCement(4).. s % | Reis 15t pe(7). ties preferred figured in a 10-share sale | Century RD£(7). 79 79 74% 74y | Int Harv (23y) 4 Rep 1 & S(4). 2 % 9 exports of $262,000, the New York Fed- 4 55 moved at 100'. on a $6,000 turnover | Certo (14)...... 62 62 62 62 |!nt Mer iarine. 5% 3 Richtield O11(2), 42 Y s, | and §97,000 chiefly from Latin America, - and the Washington Gas 6s sold at Te- | Ches & Olo(10) 217 2211y 217 221y | 1Nt Mer Mar pr. Rio Grande Oi., 5 g6 | While $200000 of the exports went o} Majn 5328 1520 K St. N.W. 2 ] § Goodyear (rts) .. Westinghse(4). . 152 3 | so evenly balanced that it was admitted mon Stop in and let us tell you S | Pan-Am Petroim 3 3% | White Mot(]). . 3 vinced Charles M. Schwab, chairman |Bulto & O(6).... 130% 132% 130t 132y | Grhm-Pai 42% | paramount-F-L 6 6 3 Wilcox Ol & G.. 23 p (Reported by J. & W. Selizman & Co) % tion apparently speculation-mad, were | Barker pf(6%). 96% 96% 96% 9615 | Grand Unon.... 2 % | Willys Ov c1.20. he had revised his opinion of stock | Bayuk m:tg:'. 105% 105% 105% 1061 | Srt North pf(5). o Peerless Motor. , Woolworth (6).. % Prior to going to Europe five - weeks | Belg N R pf(t6). g2 |Grt WoSug 2.8 ) ' 37% | Penn Dixie Cmt. 2 3 Wright Aero(2), % was worried “as all good business men | Beth Steel pf(7) 120 120 120 120 | Gulf Mo & Nox 52% | People’s Gas(8). 262 265 262 Tale&Towne(4). 3 (Reported by J. & W. Sellgmap & Co) 9 fof an “old-timer.” Bon AmiA(4).. 81% 82 3 Hack W pf(1%) 31 |Philacopt(3).. Young Spripg.. 69% G69% b7k : haps the public is right. ‘Every one has 4! 4% 41 41| Hahn DS pf6%. 103% 3% 1061 | Phillips P (1%). 10:30a.m.. 457.700 12m... 1.531.800 | B £ c i98s:: .. 1007 101 "} We invite applications for loans on improved stock market. One-third of the pre-|BklynUnGas(5). 178% 178% 178% 1784 | Har & Walkr(2) 5914 | Plerce-Arrow pf oS ausl cash payments Gased on ‘i:"}"‘: eral speculation is akin to that—every | Bucyrus(1),. 37% 26% 37| HavEl Ry pf(6). 58y | Pllsbury (1.60).. 52 i 5 8 Bretorred stock. 1 Plus 1 u. focx. g e ;om_ec. i 10 55 | Low Interest Rates thusiastic and interested, the market | Buff &Susq.ss.. 75 7 does half of the world’s business, and | Burroughs (15). 269 269 268 268 |Howe Sound(4). 76 75% | PartoR1coTobB. 2 g | 1%% In s e Bush Ter p&(?). 115~ 115% 115~ -118% | Hudson Mot(5). 87 §0ve | Prairie Olld all Street Briefs Siagdand ?a"‘.’.t‘é':.'"fi.}.i i 1 1 15th and Penna. Ave. N.W, Union Oll ?;o.fl:(lg’% 55°1935] ‘ shares changing hands at 130, & Digh | cans Packisr... 76 77 176 77 | Indian Mot (1), i9% 31 |PubServNirts. 1 } Otis Steel Co,, Cleveland, have reached on the board, 10 shares selling at 108%; | Cal & Hécla(4).. 55% 066% b55% 567 | Indian Refgeifs 3 e 4% 35'% | Punta Aleg Sug billings in February increased 15.67 per | Morlgage Money Lonned The Potomac Power issues Were|Can Pacific(10). 246 248 46 246 | INBersoll-R(t6) 1271 12 129 I L6 AT LUTE RTINS N per cent issue at 108%. _Fifty shares of | €ase Threshg(6) 460 460 460" 460 | InterboroRapTr. Radio (new the E. I du Pont de Nemours & €0, || ¢oproentine Mutust menent Lite tns. o ‘Traction sold at 104 and five at 104!2. |Celotex Co (3).. 67 68% 67 68% | INt A8 Ch pf(7). Reading Ry (4 % 109 Viscose, Inc., manufacturers of cellu- IMPROVED PROPERTY Commercial National Co. preferred came | Cent Ajloy:2).. 46% 4% 46% 48 |!ntCom Engez). 8y ! Remingn-Rand. 32% 382% 52 i Gold imports in the weck ended ves- 2t 102%5. Cerrode Pants). 110% 112% 1094 112 | Lt Harv pe(i 2 312 110% | Reynolas Spng . {eral Reserve Bank reports. Of the im- ||l JAMES Y, PENNEBAKER andSEe s Cedites; cent levels. W. R. Scott, secretary of |G &0 Corpn(3).. 84% 85 B4tk 85 |IntNick.Can80c 61% 63% 521, | Rossia Ins 163 . 257 2 263 | Venezuela and $62,000 to u""“‘“}; o : Sibasas st decrease of $2,500,000 the Kansas City Board of Trade, attend- | Chi & Alton. . 16% 17% 167 175 | 101 Laver(z.av). Royal Bak P(1). Iheres wast s i —_— ed the session today and was granted | Chi& Alton pf.. 22l 284 21% 23y, | Int Pa&PoAZ.40, } UY=L DOaLINE) i xog’w::ggg;esdgrfl " éi‘"x'c‘r“og'é?‘a’?éeery privilege of the floor. gmghut I Pt 62's 621 624 6214 i::*;::::‘ljflf 2 Safeway (3). = INTEREST J t 2] 2 Bies 3 3 6 = Starts New Business Campalgn. | Chi Great Wes H% 2n 2ou | TAEATeC A : Sateway ot (6) & Baiog Co, Cncinnat, have w-|| Byck & Company || The Security Savings & Commercial | Cni M1l & St P. . 377 36 g66 | 10t Prus Ink 23 b St Jos Lieaa 13) . 5 | mon stock to 3,000,000 shares from 2,- P Apply to Bank has launched a campaign for new | Chi Mil & StP pt 59% b84 59y | Int RysCA cfs.. StL & San Fr(8) 1000,000. February sales of the Kroger Established 1916 business which is to be participated in | Chi & Nwn (4).. 89 88v, - g8Y, | It Ky CA pI(5). StL&Sank pf(6) chain increased 65 per cent to $22,- H. L. RUST COMPANY by the officers, directors, stockholders | Chicago Pn Tool. 3 33% 32u 38u [ InUSalus). . StL&Southwest. 108 4 867,818. Combined January and Febu- Stocks Bonds LOAN CORRESPONDENT and employes of the bank. The drive|Chi'P T pf(3%). - 514 b1% 51l 5l Silver (8). .. : 4 3 | Savage Arms(3) | rary sales increased 59.5 per cent to . The PRUDENTIAL INSURANCE is to be carried on as a contest he- |ChIRI&P (7).. 130% 132 1301 132 | !nt Te:i & Tel(6). 2 E Schulte (h3%) 30% 4 $47,562,613. Grain Cotton tween 16 teams along lines which have Cab(3 32y 323% 82 ' 32 |Inter DeptS(2). 8 Schulte pf(8 106 6 ————e Write or call for weekly market letter COMPANY OF AMERICA DIVIDENDS. | Nofatiiantians 1001 15th St. N.W. proved successful among large banks in 45 45. 45 .45 |Intertypecilis). several other cities. Childs(2.40). 58% 58% 57% 57y | 1s1and Creekiq). 20). Pay: Stockot | BUCK AND COMPANY 63 63 63 Team captains who will lead the | Chilé Cop (i) 113 1185 113% 1154 15ICreekC pf(6). 105t 105% 105% 106% | sears-Roe(32% ) contest are Julius I. Peyser, Francis G.|Chrysler Mot(3) 105% 109% 105% 109: P E i 3 S o 19 ‘addicon, ir.; Sol Herzop, Fred McKee, | City Tce (3.60).. OB 59 BBy 58a | Johns Man o) 100t 1oirs 1otrs 1ours | Shatiwok BG(2). oo Bty oo B Edward C. Baltz, Samuel R. Baulsir,|City Stores (B). 24 24% 24 24% | Jordan Motor... 121 13 125 125 | Shell Un(1.40). Am Fo Pr 874 bt 1420 New York Ave. Dion S. Birney, T. Hunton Leith, J.|Coca-Colat6).:. 132~ 132% 130% 130% |, . o g % " ™! Shubert The(5). 66} 51, | Am Sl Fdries Franklin 7300 William _Roberts, Francis R. Bishop, |Coca-cola (4)... 49 49% 49 49y | KanCity Sou(s) 88% 90% 88% Simmions Co(3). ; BKCAm Natl Ai Oswald Lehmann, Vincent P. Boudren. | Coliins & Alkmn 62% 64% 62% 641, | Kap CSonfa).." ¢ 7% 6% | SimmsPet(1.60) " Cent 'States Elec V7. J. Shipman, J. Hanson Beall, Newell | Col Suel & Iron. 75% 784 5% 771, | Raufmn DS 1. v 30% B0% 30% | gynorair (1235).. 3 o T. Stiles and Frances Mac Bronson. Colo Fuel pf(8). 133 133 133 133 | layserd(s). 7 A 3 108 | Baen e The following committee will make | Col Gas & El(b). 144% 145 144 4 | Keith-Albe ) 3 . Stre | DS Cantsi: final decision on all matters pertaining | Col Gas&El new. 59% 59% 59 | Kelly-Spring ! 3 131 | Ghat BFENE AL to the contest: Julius I. Peyser, chair- | Col G&E ufA(6) 105 105 105 Keis Hayes(2).. 55 56 SolNer BREL. .., s b | ghat P 2 man: Francis G. Addison, jr.; Laurence | Columbia Graph 173 ~ 75% 7213 4 | Kelvinator Corp. 5 5 |80 Po R Sut2i. 3 38% a8 Mills, J. William Roberts, Oswald Leh- | Col Carbon t4%. 140% 140% 140 Kennecott (4)... 4 93 South Por pf(s) b i mann and T. Hunton Leith, executive |Com Credit (2).. 49% 52 49% Kinney pf(8) 0 e Gl B ()6 e secretary. : Com Ci1stpf 6% 100% 100% 991y | Kolster Radlo. ... South Dairi . 4 i ComCrpf B2). 27 27 27 27 |Krait-Photll). p o Increase in Discounted Bills. | Gom Inv Tr (4). 178 177% 173 Kresge (1.60). 3 53% | 3 A 3 Rt b The consolidated statement of con- [ Com Solvnts(8). 258's 269% 25815 266 | Iiresse Dept S 18 18 South Ry(8).... dition of the Federal Reserve Banks|Com Power(13). 127 133 127 1 Kreuger & Toll.. 43% d43% 43 43%|goutn Ry pf(5). on March 6 shows an increase for the | Condo Nast(2).. 79% 81 791 Kroger,Gro(el). 104% 107%s 104% 106% | 3pauiding pf(7). week of $36,700,000 in holdings of dis- | Congoleum-Nair 274 2% 274 Laclede Gas(10) 240 240 240 240 ) Spang Chalfnt.. | Nl counted bills and decreases of $29.400,~ | none cers (5) 8474 8314 +| Laclede G pf(5)..160 100 100 100 -, Spen Kellog 1.60 % & 3 Qla Colony R E.. 000 3n bills bought in. open market ang | Gor¥ yCiorerts. il koo b 30° 2Ry o | Miimeriity o 39 | Bt Plate i of $3,400,000 in United States securitles. | conio) Cgra (7). 90% 90% 90 Lambert Co (8). 130% 143% SpicerMfg pf(3) pBo ot Member bank reserve degosits declined | SORGO TETREL)S galt o0 931, g | teeTire & Rub. 2 p Sprexel Co (3).. 103 2 103 | Reys RJTT h $16.800,000 and cash reserves $8,600,000, | i3on Simoptez). © 27 21 21 2 ¢ 26 24% P Stand Com T(1). p while Federal Reserve note circulation | cgnyol Gas (3).. 106% 108!: 105% - ). 95% 964 4| SIG& B (3%). increased $12.600,000. Total bills and | ConsolGaspf(5) 913 995 993, | Léhn & Fink(3). 5 60 S1d G & E pf4). socurities were $4,000,000 above the | GonRRCuba pf 6 66% 66% (LiB& Myrs B 15 90% 90% % | 8td Milling (6). 1 A amount held on February 27. Consol Textile. . A ' 4 lima Locomive. 46% 464 46' 6% | Sta O of Cal(13) 61, 671, | Timken Det Axie R & Container A 1.20 Link Belt Co 5 5 StdOIINJ (1% ). 44 i . 9% | Ut Prof 8h B .. EERRUGISUNY kol 1) eex. Contatner B 60c. + | Liquid Car t4% . KL | SIAOIINY (1.60). 3 39% | Union Toh Ao The Southern Railway has declared | con: Baking A. . . % g1 | Loew's (13)..... 73 3 Std Plate Glass. 5 |U 8 Trust.. the regular quarterly dividends of $2 e £ 7 IRE 8 |Std PGlasspf.. E o ! 1 cn common and $1.25 on the preferred | ,,ny Bak pf/%). % 4 947y | 1:0050-W(1.60).. “ Std San M(1.68). OSSLN_Q FHELP profit—at a rate of Six Per Cent. . stock, the common payable May 1.t0|cont) Can (2%). 6 Loritlard Co. 2 Stantey Ct . WP Pr 1 Ponnded 19 stock of record April 1 and the prefer-{ o1 Tnsur (2). 3 | Ldutstana O’ Stewart-War(6) ' e oy, pt : _ Fonnde A . A rod payable April 15 to stock Of TecOrd | Conti Mot(80c). 22% Z4% 22ta 2414 | 10UIS GaNA'L7h. ' 21 | Strombarg (3).. ; 6 |- n B stock of tme| | 1417 K St. Main 9300 Available in dexominations of SI00 and up. March 19. Corn Prod 13%.. B4% B4% Ludlum Stl ctfs. h Studebaker (16). cosDividend in pavable in, B, stock of the | & Safeway Stores, 1Inc. which has|corn Prod pfi7) 141% 1415 141% | Mac And(12.85).. 42 42 Eul\uiselts Soat. 3 Bl of B stock for each share of convertible | ) Loan Correspondent - Mitations with one of the local chain | Goty. Inc (g2).. 61% 64% 61% 63| Me Call Corp(é) 7T4% T4%° 74% Sun Ol (g1) lass A stock. or. at (he option of the John Hancock Mutual Life ol '\ vi sh at the +iore groups, reports February sales of | Cresiey Rad (1) 106. - 109% 109 | McCrory Biz).. 104%, 104% 104% roi. K v B e tden oo = Insurance Co. ANNON E ¥ LU(:H £14,088,996. against $7,175,509 in Feb- | Crown Zelrbck 1 22% 22% 22% 22% McGraw Hill(2) 44 44 44 o . 4 tNew stock will not “participate. in divi- | "5 NC. e- .|, Company. riod. Rate. : Am Citles P&L A Q M Evans Bldg. 2 000D 2 2 : gIniey 00000 WASHINGTON THE SEAT OF SAFETY AND PERMANENCE £3 222, o0000: Jo: 2 & 1We Will Lend You Money In Any Amount At 23233 5358 2inin: a2 THROUGHOUT the universe, Washington, the capital city of the United States, is 51/2% Interest |g recognized as the seat of safety and pere S manence in economic and political values. 3,5 or 19 Years in Nearby Maryland, Virci | ¢ % . . i l)iv,;,r:"r:mnf Columbia |B | strategic location—in Washington. = Of course, privately owned Real Estate ene jovs an added element of safety because of its g And First Mortgage Investments secured by this improved Real Estate and issued by Shan- non & Luchs, Inc., offer the investor the privilege of purchasing safety and permanent 2 00000DOLODOD! ! i Apartments, Residences or Business Properties 2, BLBLLLLTT yuary, 1928, a gain of 96 per cent. 87% 89 87 88% Mchkeespt Tin PI Tit 4 8% T4Y € R bk 10 et abask b, ine wate /of Cales for January and February totaled 4 4 8% 3% McKes&Ro160. 66 57 56 567 J /10 ey S 2 4 r n h share of £20,978,395, against $14078,746 last!cuba 19 19% 19 19% McKsnpfA3% 59 59 584 VIR SN 18 R S b Toar, a gamn of 91 per cent increase. Cubuan A SUg pf. 620 64 _625 63 Mack Lruck(8). GlO6 - 105% 1054 108 - Telautogrpndl). ) 5