Evening Star Newspaper, March 10, 1929, Page 35

Kb, FINANCIAL. U. 3. CREDIT BANKS ASSIST MARKETING Federal Institutions Extend! Aid in Moving Crops and Live Stock. “Through their co-operative market- ing organizations and local lending in- atitutions such as live stock loan com- | panies, credit corporations and State or national banks, farmers secured from the 12 intermediate credit banks dur- {ng the calendar year 1928, $157,139,712, olen” was. approximately the same amount as they borrowed from these Federal banks during the previous vear,” says the recent report of the [ Low. 97.12 Lib 335 1932-47. 99.14 Lib 4th 413 1933-38. 966 US3%s1940-43 968 US 338194347 103.17 99.20 U S 3% s 1946-56 106.17 102.4 U S 45 1944-54 111.26 107.0 US 4381047 FOREIG) 100. 108.3 ——1929— High. Low. 100% 99% Argentine 5= June'SS.. 101 99'x Argentine 6s A ‘57 97 931 Australia 55 '55. 103 101% Austria 7s'43. 95 Bank of Chile 63857 99 Belgium 655 512 113% Belgium 714845 108 Belgium 8s'41. 99 Bordeaux 6= '34 3% annsl«,n'ms» 105% Brazil 8s° 103 Canada 99% Canada 35 Chinese 10 ceves 10 10 SN Farm Loan Board. “Of this amount, $53.571,351 was ad- | vanced by the banks directly to the cn-' 1 and $83,568,361 | operative associations, ! notes given to represented farmers’ Jocal lending institutions and discount- ed with the intermediate credit banks, the proceeds of which were used by thel farmers for agricultural purposes, or for the raising, breeding, fattening, or marketing of live stock. These figures include both original loans and re- newals. “From the creation of these banks by congressional act of 1923 to the end of 1928 these banks have advanced to farmers’ co-operative marketing asso- ciations upon the security of warehouse receipts or shipping documents, repre- senting staple agricultural commodities, $266,409.125, and has renewed loans| amounting to $160.237,224, or a total of | original loans and renewals of $426.-{ 706.350. These loans were made to 35| co-operative marketing associations which had at some time a combined | membership of 1,250,000 individuals | and which included 16 associations en- gaged in marketing cotton, 10 wool, 13 wheat, 2 rice, 4 beans. 7 tobacco, 22 fruits and vegetables, either canned or dried, and 11 handled other miscel- laneous products. “During the last year original loans . were made to co-operative marketing associations on the following commod- ities: Canned fruits and vegetables, $3,- | 1 raisins, $2,015.000: wool, $1. cotton, $24,300.343; rice, $1 wheat, $2,553,467; barley, $21 $5,171; flax, $28,576; beans, ;' honey, $83.641; alfalfa seed. 3144 630: red top seed, $45,230; making a total of $34,807,324 against $34,140,619 in original loans to co-operatives in 1927. Renewals in 1928 amounted to $18,784,027 and a year earlier, $16,646 - 71. In addition to the commodities upon which loans were made last year other commodities on the list upon which loans may be had included broom corn, peanuts and other nuts, olives and olive oil, hay, maple sirup and corn. “The number of institutions which have discounted farmer's notes with | the intermediate credit banks up to the | beginning of this year, according to the board's report. is 642. “These banks serve the same dis-| tricts and are located in the nme cities as the Federal Land Banl capital stock of each bank, subscnbed by the Secretary of the Treasury, is $5,000,000.” Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md. March 9.—The market for native and nearby eggs con- tinues easy under liberal receipts the past week, although demand continues fairly good and all offerings on the | exchange have kept fairly well cleaned up from day fo day. The situation is unsettled at this time of the year. however, and prompt and | frequent shipments are advisable to bring top values. The market closed to- ! day at 37 and 38 cents a dozen for firsts in free cases, a decline of 4 cents a dozen from opening prices Monday, and 32 to 36 for current receipts. Un- der light receipts market for duck eggs | holds firm at 45 cents a dozen, with nearby stock being given preference over | shipments from the South, 8 to 42. Pouitry Prices. ‘The live poultry market continues fira under light receipts and espechllyl of small broiling young chickens, 2| pounds and under, cf which there is a scarcity on the market here, and this class of stock frequently brings a pre- mium over quotations. The active sea- i1 | 108 son for turkeys is drawing to a close, however, and while receipts are show-i ing a decline they are generally ample for the demand, which is fairly good for | medium sized young hens amf gobblers, | but heavy old hens, gobblers and o!d toms arc generally slow sale. Young | hens, 9 pounds and over, are bringing | 42 and 43 cents a pound, and gobblers and old hens 35 to 38, but old toms| will not bring over 30 to 32, while poor | No. 3, white domestic lpcl 55!, and 57; I and_crooked breasts are slow sale at 25. Young broiling chickens sell readily | at 43 to 45, and iarge, smooth chickens, | 21, to 3 pounds, 38 to 40. OIld hens in better demand and the market shows | an increase in values of 3 to 4 cents a ! d at 30 to 34. Leghorns selling at e prices. Capons, especially birds veighing 7 pounds and over, meet with rcady sale at 42 and 43, but smaller stock will not bring over 35 to 40. Old roosters in better demand at 18 to 20. Market for ducks holds firm at 25 to 32 for stock weighing 4 pound end over, but smaller fowl generally slow sale at 20. Guinea fowl in better demand and the market shows an increase in values at 90 to 1.00 each for stock weighing 3'4 pounds and over, but smaller fowl | ot 80 active at 50 to 75, while pigeons s0 show an advance at 35 to 40 a pair | both young and old. The season for dressed poultry fast | awing to a close and only choice to | cy dressed young turkeys and fancy cressed capons bring a premium of 2 3 cents a pound dressed over live. Vegetable Market. Receipts of white potatces have been running more liberal the past week and tmder a generally slow demand the 1arket rules eAsy with values a shade er on McCormicks and reds. There a fairly good demand, however, for vell graded round potatoes at 1.00a1.25 per 100 pounds, but McCormicks and r°ds will not bring over 75a1.00, while »sted stock has to be sold at sharp counts, and No. 2's and culls are not nted atl any price. Sweet potatoes ams in lighter receipt and mar- Ids steady under & barrel, but ed rough, dark stock is slow sale 2.00 and bushel hampers of cts and yams sell mostly 1.25a to size and quality. nand for nativ & and nearby garden is easing off under increasing { Southern vogetables and ket holds fair] in the buyer tions 0 hamper; kale, onicns, 3.50 to 5.50 , 8.00 ‘o arsnips, 75 basket; ¢, 1.00 bushel, and turnips, | " favor | 50 to 60 basket The live cattle market, generally quiet, holds steady under a fairly good demand for first quality stock, but most of the arrivals m the wharves consist of common to cattle, which is slow sale at prices. Handy weight veal in light .eceipt and under, a vd dem.\nd alues are a shade higher. 2 t Light stree pound, 111, m, 8 to i0 cows, choice quaiity, common to e 7 to 0 12 bulls, as to quality, to fancy, 7 to 9: common to fair, 4 6. oxen, as to quality, 6 to 8; calves veal choice, 16 1o 16, large, fat, 14 to 15: large. rough, 10 to 12 to 10; rough and common Bheep, 6 to 7. old bucks. 4 to 5 choice fair to good, 15 to 16; 14; common, thin, 8 to 10. 12 to Hogs, steady | 94 Copenhagen 5s 109 Czechoslovakia 88 *51. % 1031 Denmark 6s42... 5 103 Dutch East Indies 647 103 t Indies 65 '62 148 46 war 106 French 7s 4u. 110% French 735’41 105% German 7s'49 951, Irish Free State 58 '§0. 9414 Ttaly 78’51, 99% Japanese 6148 '3 19's Mexico 4s 1904-54, 88 Milan 648 '52 10384 Netherlands 6: 987 Norway 63gs. 5% Orient Dev 51 93 Paris-Lyons. 8514 Peru 65°60. 100 Peruis... ¢ 119 Pirelll Coof | Ita 96% Poland 855 1 103% Queensland Pt 108'2 Queensland 7s '41 102's Rhinelbe 78 105 Rio de Janel £915 Rome 6145 '52 5 105 Sao Paulo State of 8536, 105 Seine Dept of 7s 9115 Serbs Croats Slov 85 °62. . 101% Sweden 68 '3 1014 Swiss§iss 48 984 Toho Elec Pwr 78 103 Utd Kingdom 5138 " 93 Yokohama 6s'61. MISCELLA] 104% Am Agri Chem 73%s '41 86 Am Beet Sugar 6s’35.... 100 Am Sm & Ref 1st bs'47.. % 103's Am Sugar Ref 6s°3 99'4 Am Tel & Tel cl tr 4, 103% Am Tel & Tel s f 58 81 Am Writ Pap 6547 103% Anaconda Cop 6s '53 187 Anaconda cv deb T: 90 Armour & Co 4%s 904 Armour of Del 555’43 100 Atlantic Ref deb 58'37. 2 104% Bell Tel (Pa) ref 548 9915 Beth Steel p m 58 '36. 104 Beth Steel s f 6548 94 Chile Copper 58'47. 105% Colon Oil 6 g 6515 Con Coal (Md) 15t ref 5s. 70% Cuba Cane Sug cv deb 106% Detroit Edison ref 65 2 100 Dodge 68'40.. 82 East Cuba Sug 7%8'37 101% Gen Motors §s°37 5 106% Goodrich (BF) 615847, 2% 100t Humble Oil & R 515832, 102 Indiana Steel is 'S 1 % 109'% Inter Cement 58 9515 Inter Match 5s '47 9915 Inter Mer Marine 6s '41 94 Inter Paper 58 A '47... 109% Inter Tel&T cv 4135 3. 110 Kelly-Springfield 8s . 99% Lackawanna Steel 5 102 Laclede Gas 51;s. 99 Lizgett & Myers 58’51, 113% Loew's Inc 65’41 war. 8 Lorillard 5128 '37 987 Manati Sugarsf 98% Midvale Steel b 934 Nat Dairy Prod n‘1! ‘4l 105'% New England Tel 5852 113 N Y Edison 18t 6138 '41. 99 N Y Tel 4245°39. 735 106 N Y Tel 641, 9914 Northern States Power 5s 100 Tacific Gas & Elec 5842 . 104 Pacific Tel & Tel 5s’52. 102 Pan-American 6s '34. 97 Philadelphia Co 58 5 5 90 Postai Tel & Cable 55 '3 4 180% Public Service 415848 98% Stnelair Oil 65'30. . 4 101% Sinclair Ol 78"37. 9515 Sinclair Crude Ol 5355 101% Stand Ol N J 95% Stand Oil N Y 475 ‘51 Transcon Ofl 6128 '38. 971 941 T nlted Drug 58 '53. 92% 89'% U S Rubber 1st & ref 55 102% 100% U S Rubber 735°30...... 109's 107 U S Steelsf5s'63.. : N 1041 BOND SUMMARY FOR THE WEEK UNITED STATES GOVERNMENT. Migh. .. 983 99.3 LibIst 43(81932-47.. 99.28 993 9'21 ’2“ 99.14 103.17 102.4 High. Low. Close. 00 95 96% 114% | 104% Am International 53s'49 1 91 1011y 1088 THE SUNDAY STAR, WASHINGTON, Net Close. Chge. 9% — 4 MU — % 92 = 99 108% 1084% — % 1014 101 101 — % . 100% 100 100% Low. 99% Utah Power & Light bs. ko 98; Utlities P& L %8 47 97.26 97 28 99.3 Western Union Wilson & Co 18t 6 Youngstown Steel RAILROAD. ¥ 1034 100% 3 99.20 99207. 01 100 102.4 8 107.0 107.10— High. Low. Close. Il 9y 9% 0% 92Y 9R12 . 101 Atch T & S F gen 48’95 Atlantic C L 1st 48°52. B & O gold 4s’48. Net Chge. 00'z 100 00V 99% « B & O ref 550 B&OPItLE& B&OS W Div s "5t Bangor & Aroos 4s '51. Boston & Maine 58'67.... Broadwy & Tth Av 58’43, Brooklyn Manhat 1st 6s A Canadian )\atl 4158 °87. 02% 00 Chesapeake Corp 58 47 Ches & Ohfocv 4148 '30. .. Ches & Ohlo gen 415892 ChiB& Q4%sB'T7. Chi B & Q ref 5871 5 Chi & 111 gen o 51. 4 Chi Great West Chi MStP&P -'75 ChiMStP& Pndj 5s Chi&NW6 Chicago Rys § Citl R 1 & Pacref 4534 ChiR1&Pac4l3sw Chi Union Station 4% Chi Union Station 6%4s. .. Chi & Western Ind con 4s. CCC&StL5sD. CCC&StLref6sA'2 4 Cleve Terminal 51¢8. Colo & Souref 41353 Cuba R ¥ Cuba Nort SEEEEN I+ 4 Den & R G West 5s " Detroit United 4%s Erfe 1st con 4s'96 Erie gen lien 45'96... Erie ref 58 i 103k 1107 1034 + 105% 90 107 106 e 1023 1011 991, 101% 3% 10319 10519 8919 106 2 10574 Nk 101% Fonda Y&G(‘al 52.... Grand Trunk s f deb 6s... Grand Trunk 7 Great North 415 vana Elec Ry 514 Hudson & Man adj Hud & Man ref 585 4 Tllinois Central 4% '66 Inter Rapid Tran 55 '66 Inter Rapid Trancv 7s... Inter & Great Nor adj 6s. Inter Ry Cent Am 6lz8... Kan City South 38 1950 . Kan City South 555 Lake Shore 45’31 Louis & Nash uni 45 '40 Mil El Ry & Lt 1st ret 5s. 4 Minn & St L ref 4s 3 MAtP&SSM 61831 Mo Kan & Tex 1st 4590, Mo Kan & Tex adj 5= '67 Mo Kan & Tex pr In5s A. & StLref 58 A Y &St Lref 5128 B N Y NH&Hecvdeb 6s. Y Y West & Bos 412 orfolk & Wcn 4s orth Pacific 3s 204 orth Pacific 4s'9 North Pacific 5s D 204 North Pacific r i 68 2047 Ore Short L ref 4529 Ore Wash 1st ref 4s 1361 Penn gen 4125 '65. 715 Penn 435 '63 Penn gen 5s Penn 6135 '36 Reading 4138 - % ltN‘u | 113% % 68. StLIM&SR&G 4 StL&SF prin és A 50 StL&SF 4%s'78 St Louis S W con 4 StPKCSLine %841, Seaboard A L ref 4s . Seaboard A Ladj § Seaboard A L con 6s '4! South Pacific cv 4s '29 South Pacific col 4 South Pacific ref 4s Southern Ry gen 4s '56 Southern Ry 1st 5% '94 Southern Ry d Third Ave adj Tlster & Del 58 2! Union Pacific 1st 4s Union Pacific 45'68 Virginfa Ry 1s Wabash 1st 58 Wabash 5138 Western Maryland 45 'S Western Pacific s '46 West Shore 1st 45 2361. 102%; R0 9812 9TY 86 108% — i straight, 1012 to 1115 sows, 8 to 9; live pigs, 10 to 12; shoats, 8 to 10. Closing Grain Quotations, ‘Wheat, No, 2, red Winter garlicky spot, 1.3313; March delivery, 1.33!3; corn, No. 2 yellow domestic spot, 1.11; cob corn, 5.25 and 5.50 per barrel; oats, | No. 2, white domestic, 58'; and 59: 1.10 and CHICAGO LIVE STOCK HARKET CHICAGO, March 9 (#) (United States Dep‘npr't‘mx;z of Agriculture) — | Hogs—Rece! 000 hecad; market fairly active, largely to shippers, 10a15 higher than Friday; top, 11.40, paid for & short load of around 200 pounds: shippers took 4500 head; es.imated holdover 3,000 head. Butchers, medium to ch» pounds, 10.90a11.35; 200-250 pounds, 10.90211.40; 1€0-200 pounds, 10.63a 11.35; 130-160 pounds, 9.75a11.25. Pack- ing sows, 10.00a10.40. Pigs, medium to choice 90-130 pounds, 8.50a10.50. Cattle—Receipts, 100 head: compared ago nflmn and light steers, 50a75 hij hm little yearlings scaling 850 pounds downward showing most, uj Tye, nearby, after an uneven set of markets weighty | steers closed 25840 higher: fat cows and heavy heifers, 25850 higher; cutters and bulls steady; vealers, 50a1.00 high- er; stockers and feeders, 25a40 up: small runs the principal stimulating factor, making upturn at least partly a forced affair; extreme top, 14.60, paid for yearlings; best heavies, 14.25; mixed yearlings, 14.00; heifer yearlings, 13.50, nd yearling stockers, 12.00; most fat ltfln and yearlings, 12.00a13.25 Sheep—! ts, 7,000 head: 2,100 direct; light receipts, active trading | an comm fe‘:ttlured 1] week's with & week ago, faf lambs, 50875 higher; yearlings sieady; fat ewes, 50 up; feedings lambs, strong. Top prices for the week: Fat lambs, 17.65; yearlings, 15.00; fat ewes, 10.00; bulk prices for the week, fat lambs, 16.75a 17.25; fat ewes, 8.2529.50; feeding lambs, 15.25a15.85; top, 16.00; few shearing lambs, 16.00216.50. U.S. Bsnken Buy German Gold. NEW YORK, March 9 (P).—The Ger: man Reichsbank is reported to have | sold 46,000,000 marks of gold to New York bankers, the first movement of the metal from that country to New York since 1927, This follows a 200,000, :000-mark loss in foreign exchange caused by recalling of foreign short- although | term loans and by repnrntion transfers. to firm | BAL’I‘IMORE b’l‘o('Ks. 8pecial Dispatch to The Star. BALTIMORE, March 9.— 24 Baltimore Prust Co.. | 126 Fidelity & ty rvland Mortgage Co com | 1o Verson-Woodbury Mills pfd. Sugar com . & Guaranty....... nonns 7000 Black & Decker M ko 0 8138, .. 159 3500 Bita Ruiware & ectrte tet 4 '8 ce 250-300 | for the | week 68 doubles from feeding stations, | Financial High nghts of Past Week Brought Out in Nutshell by Statistics | Special Disoatch to The Star. NEW YORK, March 9, 1929. This Week. Last Week. ; High. Low. High. Low. | Stocks (average of 50 fssues). 24693 24240 24727 24291 | This Week. Last Week, | Bond.s (average of 40 iseues) 89.39 reign bonds (average of 10 issues). 104 75 105.08 | This Week. Last Week. Year Ao, | | Federal Reserve ratio.. | Money rates in New York: | Call . | Time veressssssssscsncanesss 69 ‘ This week. Last week. i ..8 to12 6‘» to 10 REA L | Month of Month of Dec., 1928. Jan. 1928. | 3,976,712 4,275,947 108,912 92,573 Month of Jan., 1929, 4,109,487 Unfilled steel orders. 111,044 Pig iron production | Building permits: |~ Number of cities. 3 576 Amount . $239.074,441 el rcial failures (R. G. Dun & Co. reports): r}r'rlxlr:‘eb“ . . 2,535 1,043 2,643 $53,877,145 $40,774,160 $47,634,411 Liabilities ‘Week of Feb. 23, 1929, Previoul week. Year ago. 907,337 ,05! 870,¢ 540 576 $251,036,904 $266,293,500 Revenue car loadings: | All commodities. . | Grain and grain producm. | Coal and coke. Forest products Miscellaneous products | unchanged to % higher and for the| | week unchanged to 1% lower. March, | 47‘;. May, 50; July, 49'z; Scpumber,. OTTON PRICES HIGHER. NEW YORK, March 9 (Special).— | The cotton market ended the week at | lh! highest point of the year, with | Mmch and May contracts only a few points from 2115 cents. A large vol- ume of business was transacted, an | the strength of near deliveries con- tinued the feature of the situation. Spots were unchanged at 21.65. i | PLANING l(lLL SUEVEY The Department of Commerce an- nounces that, according to data col- lected at the biennial census of manu-~ facturers taken in 1928, the total value of products made by planing mills in 1927 was $1,116,412,119. Of this total, which represents a decrease of 11.5 per cent, as compared with $1,261,138,020 reported for 1925, the last preceding census year, $581,633,737 was contributed by planing mills not operated in con- Junction with sawmills and $534,778,382 by planing mills operated in conjunc- tion with sawmills. Those figures rep- resent decreases of 18.2 per cent and 2.8 per cent, respectively, as compared “th $710,861,267 and $550,276,753, re- ! ported for 1925. The products of planing mills are dressed lumber, flooring, ceiling, siding, sash, doors, door and window frames. plywood, portable houses, tanks and vats, silo stock, inside trim, stair work, moldlnl and miscellaneous mulwors. Ford Issue Oversubscribed. | NEW YORK, March 9 (#).—Although e books will not be opened until i March 15, the issue of 80,000 shares of | Ford Motor Co. of Belgium, subsidiary of the British Ford Co. Ltd., has been | oversubscribed more than elzhh times that country, Wall Street hears. his country has not been settled. Ameri- | ican investors have shown keen interest | n the foreign Ford issues. WHEAT MARKET RALLIES. CHICAGO, March 9 (Special) — Prices rallied in the wheat market dur- ing the last hour today when shorts tried to even up after Eastern buying had taken the surplus out of the pit. The ciese was 1% to 2l higher. March, 1.237:; May. 1.28% to 1.28%:; July, 1317 to 13114 to 13 Sep- \lembtr, 133!4. Corn followed wheat, . | clostng 7y m 1’y higher and for the ‘i weck 114 higher, 17, lower. Mareh, ; May, 1.00% to 1.007; July, 1.03%, September, 1.047% to 1.05. Rumored as 0il “Czar.” NEW YORK, March 9 (#).—One of the rumors floating about Wall Street is that important interests in the ofl industry are seekirg to set up a “caar,” as has been don> in the mo.ion picture and ctacr ndustries, ond that Gen. John J. Pershing is un: -~ considera- tlon for th= post. Strenuci - ~Torts are b ing made by certain sec icns of the | Oats were affected by action in other | inc:<try to get together » sulve the | graips. A feature was the tightness in crucial problem of controlling produc- | the March delivery. The close was tion, D. €, MARCH 10, NEW YORK STOCK EXCHANGE Studebaker Co pf (7). Submarine Boat Sun Ofl (g1).... Sun Ofl pt (6). Superior O1]. Superior St Sweets Co of Symington. . Symington Class A. % Telautograph (1).... 73 Tennessee Copper (1) Texas Corp (3). Texas Corpn Texas L‘orpn[lull plld) Texas Gulf Sulphur (4). Texas & Pacific (5)..... Tex&Pac Coal&0(b2%4). Texas Land Trust Thatcher Mfg. . ‘Thatcher Mfg pf (3.60). The Fair (2.40). ‘The Fair pf (7). ‘Third Avenu ‘Thompson (J Tidewater Asso Oll. Tidewater AssoOll Dfll). Tidewater U1l (80¢).... Tidewater Oil pf (5).... Timken Roller B (3).... Tobacco Products (8)... Tobacco Products (new) Tobacco Products A (7). % Tobacco Prod (A) new. . Tobacco Prod div ctfs C. Transcontinental Oil.... Transue & Willlams (1). 4 Trico Products (2%4)... 4 Truax Traer Coal. Truscon Steel ($1.20)... Twin City Rapid Trans. . Underwd-Eltott F (4).. Unlon Bag & Paper. 4 Union Carbide (6) Union Ofl of Cal (2) Unlon Pacifie (10).., Union Pacific pt (4) Unfon Tank Car (5) United Biscuit (1. (D e United Cigar Sto: United Cig Stores prtt). United Dyewood pf (7).. United Elec. Coal (3) United Fruit (e4). United Paperboard. U S Cast Iron Pipe (2).. USCIrP1stpf (1.20). 78 U S CIr P 2d pf (1.20 U S Distributing U S Distributing pf (7).. US Express... U S Hoftman (4) U S Alcohol (6). USIndustrialAleo pe(T). U'S Leather.... U S Leather A (4). Sm nn-mmlm Smeit R&MpL(3%) 8 Steel (7). U S Steel pf (7).... 4 Universal Leaf Tob (3 Univ Pictures Ist pf (8). Universal Pipe & Rad... Utah Copper (16). . Utl Pow & Light A(e3). 4 Vadasco Sales. ..... Vadasco Sales pf (7) Vanadium Steel (t4). Van Raalte. .. Van Raalte Co p! Vick Chemical (‘) \ icks Shrevpt & Ple(l) 340 474 11 90 1"[1‘ 98 1929—PART 1 Joseph FINANCIAL.” Money to Loan ccured by first doed of 03 real estate Prevailing intsrest and commision, . Weller §i5.7 W (Continued From Page 34.) Net Chge. - 1% 1 High. Low. 103" 103 17215 143 172 153% 4 110 18% Low. 103 154% 13578 112 Close. 103 i Stock and dividend. High. Vicks Shrevpt&P pf(5). 103 Victor Talking Ma (4).. 172% Victor Talking Ma ctfs.. 172 Victor Tik Meh pr pf(7). Virginta-Caro Chem Va-Caro Chem 6% pf. Va-Car Chem pf (7). Vulcan Detinning. In Nearby Virginia 1 Prudential 5 /2 % lmu{lnce Co. Commonwealth Investment Co. 917 15th St. N.W, Phone Malin 2023 Vulean Detinning (A) Wabash..... Wabash pf A (5) + Waldorf System (1% Walworth Co (1.20) Ward Baking (A) Warner Bros pf (2.20) Warner Quinlan (2).. Warren Brothers, (15) Warren Bros 1st pf (3).. Warren Fdy&Pipe Corp. Weber & Heilbronr (j4 Weber & Heil pf (7) ¢ Webster-Eisenlohr... Webster-Eisenlor pf(1). Wells-Fargo kxpres: Wesson Oil & Sn (4) 2 Wesson Ojl pf (7).. WestPennElectricA (7). West Penn Elec pf(6. West Penn Eles pt (7) + Fi+t+11 4« W U Telegraph (8) WestinghouseAlrBr(2). Westinghouse E&M(4). Westinghouse 1st pf(4). WestonElecinstrument. White Eagle(2). White Motors (1). White R M Springs (3).. %4 White Sewing Machine. White Sewing Ma pf(4). 5 Wilcox Oll & Gi Wilcox & Rich (A) 2%.. Wilcox & Rich (B)... ‘Willys Overland (c1.20). Willys-Overland pt (7). Wilson & Co... Wilson & Co (A).. Wiison & Co pf. « Woolworth F W (6). Worthington Pump..... Worthington Pump (A). Worthington Pump (B). Wright Aero (2) Wrigley W Jr (t3 Yae & Towne (4).... . Yellow Truck & Coach. . Yellow Tr & Coach pf. Young Spr&Wire(12% Youngston Sheet & RIGHTS—EXPIRE. Am Metal, Mar 15. i B | PhtH T+ 4++1 4% 68% 66% 44 80 Celotex Co, April 1 Eng Public Serv, Mar 15 Goodyear Tire, Mar 16... Pac Gas&Elec, Mar 20 Public Service, Mar 30 Radio-Keith-Or, Mar 7 U S Realty, Mar 20.. 3 Warner Bros Pic,Mar 20. 4% 15% Webstr Eisenlor, Apr5.. 17% Dividend rates as given in the above table are the annus payments based on the latest quarteriy or hal Unit of trading less than 100 share in stock. iPlus 33 in | wnumd ghock. b Payable i lPlld llut year—no regula; Payal bl. whcn ezmed. l cash o] ‘Ogl artly's ok qu. ltock n Phll 3% in stocl 10 2% * % % sErFy £ I e O S ) E - *1 L T ) 5 e tock. % in stoc] /5% s ‘Siare o siock” | WASHINGTON STOCK EXCHANGE YEAR 1929 TO DATE (Reported by W. B. Hibbs & Co.. Hibbs Bullding, Washington, D. C.) OCCURRING ON THE WASHINGTON S8TOCK EXCHANGE FOR 1920 UP TO AND INCLUDING FRIDAY, MARCH, 8. BONDS. PUBLIC UTILITIES. Anacostia & Potomac River R. R. 1st 55, 1949 Capital Traction 1st 5s, 1947 . C. & P. Telephone 1st 55, 1929 . C. & P. Telephone of Virginia City & Suburban Ry. 1st 55, 1948 . Georgetown Gas Light 1st Bs, 1961 Potomac Electric Power 1st 8s, 1920 Potomac Electric Power cons. 58, Washington Gas Light gen. 5s. 1960 .. Washington Gas Light series A 6s, 1933 Washington Gas Light series B 6s, 1936 Washington Railway & Eleetric cons. hington Ratlway & Electric gen. 6s, MISCELLANEOUS. Barber & Ross, Inc., 6las. Chestrut Farms Dairy 6! Chevy Chase Club lst Dist. of Col. Paper Mfg. Washington Cons. Title 6s. Washington Market Cold Stor 1997 .. L 1941 . P PUBLIC UTILITIES. i Capital Traction .. Potomac Electric Power pfd. . Potomac Electric Power pfd. Washington Gas Washington Railway & Elec. com. Washington Railway & Elec. pfd. NATIONAL BANKS. Capital Pederal-A: Riges Becond Washington TRUST COMPANIES. American Security & Trust Merchants’ Bank & Trust . National Savings & Trust Unlon Trust Washington Loan & Trust SAVINGS BANKS. Baak of Betkesda . East Washington FIRE INSURANCE. American .. Firemen's National Union TITLE INSURANCE. Columbia s Real Estate Title & Inv. Co. of M Washington Cons. Title Ins. pfd. MISCELLANEOUS. Barber & Ross, Inc., com ..... Chestnut Farms Dairy com. Chestnut Farms Dairy pfd Chevy Chase Dairy pfd. ... Columbla Sand & Gravel pfd. Commercial National pfd. D. C. Paper Mfg. Co. pfd District National Securities pfd. Federal-American Co. com..... Federal-American Co. pfd. Federal Storage Co. pfd. Lanston Monctype Merchants' Transfer & Btg. com. Merchants' Transfer & Stg. pfd Mergenthaler Linotype ...... National Mtg. & Inv. Co. pfd. Peoples Drug Stores pfd. Terminal Ref. Whe. Corp. . Washington Mech. Mtge. Com. Washington Medical Bidg. .... 1,456 269 1,103 1,664 3 999 100 12 130 469 30 100 100 100 100 . None UNLISTED DEPARTMENT. Cosmos Club 4'as (retired annually) . Commercial Club 1st 58 ..... . Metropolitan Club 4'as, 1038 . STOCKS Chapin-Sacks pfd. Departmental Bank Park Savings k Washington Savings 19} Potomac Electric Power gen. 6s, 1953 . 5. 1038 STOCKS. valie. rate Open . $100 $7.00 Gas Systems Sold. NEW YORK, March 9 (#).—The Georgia Power Co. has sold gas manu- facturing and distribution systems in Atlanta, Decatur, Macon, Athens and Brunswick, Ga., to the Central Public Service Corporation of Chicago. Approx. Open. Righ. Low. Close. matusity, 96 96 96 96 100'2 100z 993, 100 1 WILL SELL $4,000 Corcoran Courts, 1%, 1035, @ w0 20 rson Apt. 1st 6%, 1939. 35 \lllml pMort. & Inv. Com., . _Old. 55e. Units e Morigage & Guaranty @ 14, 15 United Wardmas Mort. & Dis- 96 1014 99, 10112 108%4 101% 104 1048 g Bise Ball @ 64, 102 Tasurance Tnen’ 95 107 1021 96 100 9 ate Glas: sinia Plate Glass V. Pi cet- it U8 S curitios valts @ 6%, THOMAS L. HUME Diy. 1412 G St. Righ Low. Close. 107!z 105'2 104 14 Mm% 13 109%: 108 108% 128 105'a 110% 610 520 610 90% 98% 1057 12 1082 10813 520 9% 6.00 5.00 3.60 .00 5.00 250 340 550 255 12 265 345 581 256 3 LEHMAN'S TIRE SHOP 12th & KN.W. NG LI L7 LT 2T A 20 T T oo Money To Loan On 2nd and 3rd Trust and for Home Improvements Quick Action No Red Tape D. C. Property and Maryland and Virginia Property Apply Penn Improvement Co. Inc. 911 7th Street N.W. Main 512 45215 155 507 355 528 415 185 570 360 7 85 » 39 40 40 21 14 230 14 N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N 141 120 Broa 1508 H STREET ‘Warning a Day. NEW YORK, March 9 (#).—Some of the bolder stock market “bulls” have come to regard bankers' warnings as to the expansion of credit with non- chalance. The first admonition from the Federal Reserve Board caused gen- eral concern, but after a few more| warnings from various sources, some “bull” wag coined the phrase, which at once taken up by his fellow: rning a day keeps the panic awa; Big Equipment Order. NEW YORK, March 9 (#).—The Illi- nofs Central Railroad has ordered equip- ment to cost $1,000,000. wi More Days to Prepare Your INCOME TAX REPORT Phone Now for Appointment and Avoid Tiresome Waiting AMERICAN TAX SERVICE 643 Munsey Bldg. Phone Main 1192 BOSTON STOCK CHICAGO STOCK 5020 Telephone Metropolitan 555, 000000“ 1900000000000000000000. *5% LOANS 5% On High Class Residential Property Write for Booklet Jos. W. Brooks & Co. Insurance—Frank. 2913 212-213 Transportation Bldg. The Commercial National Bank Pays interest on DAILY BAL- ANCES on Savings Accounts. Interest starts from DAY of deposit and is earned to DAY of withdrawal. Come in and let us explain. Resources Over $19,000,000 14th & G Streets R. GOLDEN DONALDSON, President Loans to Salaried People “Character Plus Earning Ab Our Basis of Cr:’:iel . REASONABLE RA’ EASYCFATMENTS WASHINGTON WIMSETT COMPANY 903 N. ¥. Ave., 2nd Floor. Are You Holdin; These Stocks? Our latest special report covers these stocks, whether to Buy, Hold, Sell, or Exchange— Inacond Fox Film A? arner B Loew’s? Pan.-Am. Pet.? Send for sample copy, free. Write name and address on margin send to— AI!RICAI SECURITIES SERVICE 266 Norton-Lilly Blds.. New York First Mortgage and l Construction Loan Applications Invited at 52% Glover & Flather 1508 H St. N.W. Main 1753 Money oLoan —for construction and refinancing. Prompt considera- tion. Low rate and commission. B. F. Saul Co. 925 15th St. N.W. 900000000000000 90000000000000000 Over Third of a Century’s o Ezperience y Property on Productive Basis As soon as we assume responsibility for your prop- erty we analyze it critically from every angle—and adjust where B. F. Main 2100 SAUL CO: 925 15th St. CLARK,CHILDS & COMPANY dway New York, N. Y. WASHINGTON OFFICE NORTHWEST MEMPERS NEW YORK STOCK EXCHANGE NEW YORK COTTON EXCHANGE NEW YORK COFFEE EXCHANGE NEW YORK CURB MARKET NEW YORK PRODUCE EXCHANGE EXCHANGE CHICAGO BOARD OF TRADE EXCHANGE JAMES SLOAN, Jr., Manager