Evening Star Newspaper, March 11, 1929, Page 11

FINANCIAL. Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit Life Ins. Co. 1520 K Street Main 475 CONVERTIBLE BOND First Mortgage Loans Lowest Rates of Interest and Commission ‘Thomas J. LOANS Let us have your applications 0Ir.OANS ON REAL ESTATE Immediate Action Courteous Treatment record of 35 years speaks for itsclf. Percy H. Russell Co. 1731 K St. N.W. Money Available for FIRST DEED OF TRUST LOANS On Completed Properties and for Construction Use Reasonable Interest and Commission Rates JAMES F. SHEA 643 Louisiana Ave. N.W. 0“0000000“000“0000000 Auto, Fire, Burglary, Bond. Compensation, Liability, Life. Harrell Bros. & Roesch INSURANCE $716 11th ST. NW. Main 8056 “m“..’."..‘_’.t.“..‘ 900609000 We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington l.qnn and Trust Company 200 F Street 620 17th Street ONLY 4 More Days to Prepare Your INCOME TAX REPORT Phone Now for Appointment and Avoid Tiresome Waifing AMERICAN TAX SERVICE 643 Munsey Bldg. Phone Main 1192 THE IDEAL INVESTMENT Standard Collateral Trusteed Common Stock Shares A TRUSTEED INTEREST in 100 lead! DIVIDEN nts per ghare paid for €' months ending Jan. a YIELD at the rate of '(l'sv 16 the Jow prics of the period nd d of 5.82% for the hllh ($16.50). Continued growth in principal ll\d !lelu over a pericd of years may be b id_in lots as small as 5 shares. For Particulars and Price, Call Standard Collateral Shares Corporation Franklin 8383, Woodward Blds. Mortgages Investments JAMES Y, PENNEBAKER Main 5328 1520 K St. N.W. Buck & Company || Established 1916 Stocks Bonds Grain Cotton Write or call for weekly market letter No obligations BUCK AND COMPANY Evans Bldg. 1420 New York Ave. Franklin 7300 Where progress is a fixed habit At The Service Shop each step tollows a logical path, without contusion, without waste. the heritage ot halt a cen- tury’s Printing cxperi- ence. You are surprising- ly free from bothersome details. BYRON S MAIN 8203 51 FLEVENTH STREETN W 6 ' "1 90 isher & Company, Ine. ward Trend, Despite Drop in Money. BY CHARLES F. SPEARE. Special Dispatch to The Star. NEW YORK, March 11.—It was hard- | Iy to be expected that progress could bz made in the bond market today, even though the renewal rate for money was 9 per cent, compared with 10 per cent on Frida; As prices decline from week to olders of bonds naturally become anxious and potential buyers are less inclined to make commitments. One unfortunate phase of the situa- tion is the necessity of underselling old issues in order to place new ones. This was illustrated today in the decline of a point in the Republic of Chile 6s when a fresh offering at the same coupon rate was brought out half a point below that at which the outstanding bonds were quoted. The same thing happened last week in the Bell Telephone of Canada 5s and in the Texas & Pacific 5s. It is the opposite of the situation a year ago, when new issues “vere offered above old ones—rather too much so for the per- { manent good of the market. New low prices were reached today in several of the United States Govern- ment obligations, as well as in & num- ber of high-grade legal rails and public utilities. The Treasury 3%s of 1947 went below 96. Both these and the 4s and 41;s were quoted slightly under last week’s lowest. Liberty First 4!4s broke through 99. Baltimore & Ohio First 4s, Duquesne 4155, Canadian Pacific de- benture 4s, Columbia Gas debenture 5s, Atchison 4s and United States Steel 5s were among the high-grade bonds to react. In the second-grade rails Wa- bash 4155 lost nearly a point, and were 10 points under the price at which they came on the “board” last year. Frisco 4%zs were selling within a fraction of the prior lien 4s. Convertible bonds were quiet and irregular. Anaconda 7s had an early rise of 3 points, which was reduced to a point later, with a subsequent rally. Public Service of New Jersey 4148 were slightly better after last week's decline of 12 points. International Telephone 41s were lower than they have been in two weeks'. One of the special move- ments was in Hudson Coal 55, which, advanced 21, points to 80, after showing 1a 25 per cent depreciation at their low price of a week ago. There were 115 new 1929 low prices last week among foreign-listed bonds and 35 that made new lows for the year in the outside market. This gave op- portunity for some rally today, espe- cially in the Japanese, Italian, French and German issues, against which the pressure had been strongest. e Washington Stock Exchange SALES. Cll:)l:-ll Traction Co.—5 at 104, 10 at Potomac Electric 6% p!d .—4 at 113, Potomage Electric 5% % pfd—20 at 10833, 5 at 1085, ‘Wash, Rwy & Elec. pfd.—30 at 98, 20 9814 ng% N&fioml Bank—4 at 573, 1 at 5' Federal-American Co. pfd—10 at 103%. Mel;chalx‘;ts Transfer & Storage pfd.—10 at 110} Mr-x;g;nth:\ler Linotype—10 at 108, 2 a Peoples’ Drug Stores pfd.—10 at 121. Security Storage Co.—1 at 125, 20 at 123, 10 at 1221%, 10 at 12215, s 40 121, 10 at 12115, 5 at 121, 10 ‘at 121, 10 at 121, 10 at 1203, 10 at 1203, Ter. Ref. & Whrs. Corp.—14 at 5214 AFTER CALL. Capital Traction 55—$2,500 at 1003, Washington Gas Light—3 at 113%. Bank of Bethesda—5 at 82, 5 at 8115, Georgetown Gas 55—1,000 at 101%,. Potomac Elec, 512% pfd—10 at 108%. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer Tel. & Telga. 4% of Va. Cap. Traction R. R. Gty & Suburban ss. Georsetown Cas 1st 8. . 18! Wash' Rwy. & Elec. gen. 65 MISCELLANEOUS, Barber & Ross, Inc., 6 Gham-vanpl Hotel 12 Chestout, Farms Dairy 6 gheyy Chase Club Mis, D. Pot.Jotnt Stock: Wash. Mkt. Cold storue Wash. Cons. Title Co. 6: Capital Traction C Washington Gas. Wash' Rwy. & Elec. pfd NATIONAL BANK. National Capital. olumbia . ict. Pedeulvlunencnn Liber! Ebcom National RIEES .. Second” . National Bank of ‘Washinigton. TRUST COMPANIES, | American Security & Trust Co. 18 Continental Trus Merchants’ Bank National Bavings & Truist G Union Trust | Washinston Loa SAVINGS BANK. Bank of Bethesda Commerce & Eav East Washington. | Potoma | E2crity Savitids & Com | Seventn _Street United States Washington Mec) FIRE INSURANCE. American Corcoran | Firemen’s National Union. TITLE INSURANCE. Columbla Title, tate Tille. Inv Co. of M Cons. Title pi MISCELLA s, Inuc.. com. Duiry ‘pid. . iiis Mfy. pid. i “Secu ties pid Federal Storuge pid Federal-American C?d com. n genthal Mtze. & Inv. Eeople’s Diug Stores cur TR S Wi Gorp Genoa to Add Raxlway To care_for its growing population, Genoa, taly, is to add another funicular railway. 1t will be nearly 3 miles long aud operated by electricity, part of the equipment being from America, Be- cause of its location among high hills, which reach down (o the sea, Genoa now | has three funicular raflweys and five LISTIS IRREGULAR Remainder of Issues in Down- | THE EVENING STAR, WASHINGTON I N NEW YORK BONDS STOCK EXCHANGEI Received by Private Wire Direct to The Star Office UNITED STATES. (Salen are in $1.000 Sales. High. Low. 112 19 139 10 23 86 Argentine bs...... Argentine 6s Ju 59, 1 Argentine May *61. Argenti| Argentine 63 Argentine 6s B, Australia 4 Australia Australia Austria 78, Bank of Chile 6% Bank of Chile 6% Belgium 63. Belgium 6%s Belgium 7s 1955. Belgium 78 195 Brazil 6148 192 Brazil 6%s 1927, Brazil Ts. Brazil §s, Bremen State 7s. Canada 631931, Cariada 58 1952, Canada 5%s 1929 Chile 6560 Chile 6561 Chile 75 1943, Chinese Gov Ry bs. Colombla 6s Jan'61 Con Pow Japan 7s.. Copenhagen 4%8 53 Cuba 5%s.... Czecho 83 1951, Czecho 8s 1952. Danish Munic 85 A. Danish Munic 8s B. Denmark ¢%4s. Denmark 6s..... DE15%s Nov 63 Dutch East 1 6s 4' Dutch East I 68 62.. El Salvador 8s *48.. Finland 7s. Framerican 7% Marseille 6s........ Mexico 4s 04 asntd, Milan 6%s. . Montevideo 7s. Netherlands 6s 54. New So Wales 57: New So Wales b Nord us- Norway 5 |\0PWIY Norway 6%8 1952. . Orient Dev 5%s Paris-Ly-Med Peru 6367 w1 Rio de Jan 8s 1946.. Rio Gr Do Sul Rome 6%8..... San Paulo City 8s. Sao Paulo 85 1936 Saxon (PW) 7 Seine 7s 42. Utd Kingm 6%s37. Vienna 6s Yokohama 6s wi... Abram&Straus 6% Am Beet Sug 6835, Am Chain 6333 Am Int Cor 5%8 An Smit & R 15t 85, Am Sugar Ref 6 Am T &Teltr 4s. AmT&T cl tr b8, AmT&Ts1bs Am Tel & Tel 5%4s.. Am Water Wks bs. Bell Tel Pa s B.... Bell Tel Pa 68 C. Bethlehm Stl pm b3 Beth Steel 5%s 63.. Bethlehem Steel Skiyn Edison Chile Copper 6s. Colon Oil 6538 Col Gas&E| deb b Com Invest 5% Com Invest 65'48.. Duquesne 4%s 67.. East Cuba Sug 7%8 Gen Cable %8 "47. Gen Mot Ac Cor 6s. Humble O & R 5%!. 11linois Bell 1st 6s.. Inland Stl 4%s'78.. Intl Cement 58 48. . Intl Match 5s 47. Int Mer Marine Int Paper b3 47 Inter Paper int Tel&Teles Kan City P & L b Kan G & E 63 62. 9314 | Lackawanna Stl §s. Laclede 68. . . Laclede G 6%s 52. L1 get&Myerssssl, Loew's 6s w 0 war. Lorillard 5%s. ManatiSug st 7%s. Mtidvale Steel § Mont Pow bs 43. Mont Power deb bl Mor's&Co 15t 4% No Am Ed 5%s '63. Nor Ohfo Tr & L 6s. Nor States Pow bs. Nor Stutes Pow 6s. Pacific Gas & El bs. Pan-Amer Pet People s Gas b8, Phila Co 65 67 w Phila&ReadC&1 bs groups of elevators. The new railway 1 supply transportation to suburban | districts which are expected to be fully i developed within six years. e ' from a spring. [ ] Philips Petro 6%s Por Ric Am Tob 6s. Postal Tel & Cb4%s Pressd Steel Car 5s Public Service 4143 Running water often gets its start'Punta Alegre 7s. RemingtonAs 6a i, 21 106 26 106 FOREIGN. Argentine 6s Oct 69 9728 9829 999 9520 9520 101 10 } High. Low. 90% 903 100% 100 9 100% 13 Allgghany cv bs w 1 248 ) 2 31 18 15 Am Wrtg Pap 65'47 6'1 9 16 34 65 10 6 st 34 Int Tel&Tel 4%s cv 83‘! Kreuger&Toll 5s ct 813 100 86 94% Close 97 28 98 29 999 95 20 96 10 oL 10 08 Close. 90 100% 100 100 9514 99% 994 8514 934 934 e 102 96% 99 99 104 107% 105 % 113% 109% 90 101% % 100 100% 100% 100% 100% 1044 4 99% 103% 86% 9 MISCELLANEOUS. 113% lls‘fi 3 1 13 2 99 Bales. Rem Rnd 6%s war. Stnclair Ol Sinclair Oil 6% Stnclatr 01178 Sinclair Crude 6i4s Sin Pipe Line bs. Skelly O11 5}4s. Southwest Bell Sl‘ . Stand Oil N J 5s 46, [ % TennklecPow 65 47 Transcontl Oll 6%s United Drug 68 53. . U S Rub 1strt 5s, Utah Pow & Lt 5s. . Utilities Powr 5%, Vertientes Sug 7s. . Walworth 65 "45. Warner Sug 78 39, Warner Sug 7s 41., West Elec 58. Westn Union 65 61. Westn Union 63s.’, Willys-Ov 614533, . WinRepeatAr 1 1s. Yngstn S&T 68 w1, ' RAIL| Atchison adj 4s Atchison gen 4s Atch deb 4155 '48. . Atlantic C L 1st 43, Atlantis C Licl 4s.. B & 0 Gold 4s. B&O PLEWY 4s Brdway&7th Av 58, Brookiyn Elec 6%s. Brooklyn Elev 6148 Bklyn Mannat 6s Buff R'& Pitt 43, Canada South 5 Can Nat 4%s 30 Can Nat 43gs 64 Can Nat 4%s 67 Canad North 6% Canad North 7s Central of Ga 6s. Chesa Corp 68 w 1, Ches & O cv 4%s... Ches & O gn 4% Ches & O 4459 Chi B & Q 1st rf bs.. % | Chi&E 111 gn 6s 51.. Ch1 Gt West 45 69.. Chi Ind&L gen 5. CM&StPgn$, ChiM&StP4 ‘AICSQ. ChiMIISP&Pac5s75. Chl & NW 6%s. CRI1Pac4lhswi., ChiStPM&O 6s '30.. Chi Un Sta 4%s.... Chi Unfon Sta 5s 44. Chi Union Sta 6% Chl & W Ind cn 4s.. C&W15%s62 CCC&StL deb 4%s.. CCC& St L §sD. CCC& StLrf 6s Colo & Sou 4%8.... Conn Ry & Lt 4%s. Cuba Nor 6%8 Cls.. Cuba R R bs Cuba It R 651936 cf Del & Hud 1st rf 4s. Del & Hud 75 30.... Den & Rio Gen 4s.. 1 | Den&RI0G 4138 36.. D Rio G West 5s. Det United 4%s Erie 1st cons 4s. . Erte Gen 4s. Eriecvt 53 67 wi. Erie conv ext 7s ’la East C 53 7¢ Fonda J&G 4%48'52 Gr Trunk stdb Grand Trunk | Grt Northn 4%s E.. Great North bs. . Great North 63%s... Great Nor gen 7 3% | Green B & W deb B. Hocking Val 4%s Hud & Man aj Hud & Man ref 6s.. 111 Cent 4%s 6 111 Cent Chi 4348, [11-C-C-StL&NO 6s. Int&GtNor adj 6s 63 Int Rapid Tran 6s.. Int Rap Tr bs stpd.. Int Rapid Tran 6s.. Int Kap Trans 7 Int & G Nor 1st IntRysCA 55872 Int Ry C Am 6s 41., lowa Cent rf 4s. Lake Shore 4s 31. Long 1s deb 5s 34 Louis&Nash uni 4s. Louis & Nash 6% Louls & Nash 7s Man Ry 1st 45 90... Market St 78 40.... M1l El Ry & L 6s 61 Minn & StL ref 4s, MStP&SSM5s38gtd. M StP & SSM 6%s.. MK&T 1stds MK & T ad] b MK & T prIn 5 Mo Pacific gen 4 Mo Pac 5s A 65. Mo Pac bs F* 77, Mo Pacific 58 G ‘78, Nassau E14s561.... NatRyofMex 4s 77., NOTex&M 4%s 66. NYChi&StL 6%sA. NYC&StLG6sA.. NY NH&H db 4s 57, NYNH&H4%s.. 4 NY NH&H cv db 6s. %I N Y Rys 65 A 65. 994 110% 100% 99%, 102% 5% 105% 4 100 1023 99% 105 974 134 81% N Y Rys 68 65 N Y State Ry 448.. | NYStateRy 6%s 62. Nor Pac 3s 2047.. Northern Pacific 4s. Northern Pacri6s. Ore Short L rfs 4 Ore Short L cn 6s. Ore Wash 15t 48.... Pennsyl con 4% Pennsyl bs 64.. Pennsyl 6%s. Pennsy| gold 7s. Peo & 121t 4 40 PCC&StLESA Read!ng gen 4%s Reading J C 48 51 R1IArk & L4%s. St L IM&S 48 29.... St L IM&S R&G 4s. StL 1M&S gn b8 31. StL&SFpl4sA.. StL&SFra%sT78 StL&SFprinb St LS W con 48 32. StL & Sown 63 52 5 SeabAL ad) Sou Pacific ref 4s Sou Pac 4%s rets. Sou Ry 6%s. Term Asso S L 4s. . Tex & Pac 68 B 1977 Third Ave ref 4s 60. Va Southwn con bs. “Wbash 4%s 78 rets. Wabash 5s 76 B.... ‘Wabash 5%s 75, West Maryland 4s. Western Md 5%s Western Pacific 5s. 98% 98y Wilks-B & El lak bn " = mmnm—u‘é:m--u»:muuq smtonrablied vonSasnmmiie High, 94 99% Yoty 1021 95% 9315 931y 102% 9 15 1 3 10 D. s Joy Low. Close. 94 94 987% 99 994 90% 101 108 9914 94% 93 106'% 1030 101 4 108 2 43 ROAD. 2 13 B&OSW5s60...., 23 il Car Clinch&0 6s 52. 25 CMSP&Pacadi5s03.156 - o % CR O S = O 30 B 5 00 Ca N B2 i 56 I 13 ek ek et i 3 e G0 1 e O oyorey » - 5 reunSebal~aSme - R oanwmurSaramm~t » —— Sremnamo wRARUNGD s T} e L LI E e S 25 4 100% 102 107% 100 85'% 90% 113ty 9019 83% 108% 100 100% 99 9874 4| mostly 40; few soft low as 105% 1027 | 42 97% 937% 106 100% 2% B6Ya 120 2% 864 120 19% 117% 86% 93 62 58 117% 864 2% 729: 1 ful\l'“r de ! light, L ARGE EGG SUPPLY IS RECEIVED HERE Further Drop in Prices Is Ex- pected by Washington Market Men. Increased quantities of eggs continue to reach the local market trom nearby indication of | being regis- | Rain, snow k interrupted d \xrgmm roads x tered the n and wind lr’u(‘l On to goL their \Mmhs mm “As a result of the imp tion of the roads,” d a hauler, “hundreds of cascs of cggs had to be held back, and when they reach here the market should be ov 1t is generally believed that increased recelpls” will continue and that heavy D 3 1 be here when the demand for the product, of tho hemhery for the Easter holiday 1 is made. ipplies for the Easter holiday promise to be onable or ers had ample supplies of all com- this morn meet demands dealers in fruits and vege- the active sup=- tention of buyers. A 'm_condition of the butter ported, dealers in poultry t demands and supplies great enough to more of retailer: tables havin: plies to claim continued fi were able to of meats w than meet demand: i ‘Q Prices of most commodities were about the same as prices quoted Satur- day: Today's _Wholesale Market—Jobbers’ Prices Slightly Higher. -One-pound prints, 51; tub, , 38 "l‘l fresh selected, | , 35836, , 28a42; Win- Spring _chickens, Leghorns, 3023 19220; ducks, 25; geese, young, 50260; old, 30. s, 40a45; Winter ls, 24a35; Leghorns, 40; capon large, 45246; small, 38a40; ducks, 32a 23; geese, 25230; keats, 80a1.00, fresi — killed—Beef, 20a24; : pork loins, 27; shoulders, 183 Turkey 17; bacon, 2 packages, 14 Live stock—Calves, 13%2a14. Fruit and Vegelable Review. The daily market report on fruits and vegetables, compiled by the Market News Service, Bureau of Agricultural Eco- (sakes to jobbers except lard, in bulk compound 1521 demand , no sales bu hel’ h&s‘(f‘t& ‘Twigs, 215 *s up. 1.50; Black Twigs, U. S. NOA inches up, tiy scalded, 1.50a . U. 8. No. 1, Staymans, 233 inches up, 1.75a2.00, mostly 2.00. Cabbage—Suppli liberal; demand light, market steady; new stock, Florida, 1i5-bushel hampers, pointed type, 1.50a 1.60; Texas, barrel crates, approximately 100 pounds net, round type, 2.75a3.00, few best higher Celery—Supplies moderate; light, market_dull; Florida, crate: quality and condition, 1.75a2.00, Letiuce—Suppli light, market stead; Iceberg type, 4-5 dozen, 3.50a3.75; Floi ida, 1!5-bushel hampers, big Boston type, ordinary quality and condition, 1.00a1.50, Onions—Supplies light; demand light, market slightly weaker; Michigan and Ohio, 100-pound sacks yellows, U. S. No. 1, medium to large size, fair condi tion, 4.5025.00; Michigan, 50-poun sacks yellows, U. 8. No. 1, medium to large size, fair condition, 2.00. Potatoes—Supplies liberal; demand light, market steady; all U. S. No. 1: Maine, 120-pound sacks yellows, 1.75a 3 New York, 150-pound sacks round | whites, 2.10a2.15; Michigan, 150-pound sacks Russet Rm‘nls 2.15a2.25; Idaho, ! xgos-émund sacks Russet Burbanks, 2.40 | 22.50, Spinach—Supplies moderat light, market steady; Texas, baskets, Savoy type, mostly 1.00, Tomatoes—Supplies limited: demand market steady; originals, Florida sixes, ripes and turning, wrapped, fancy (‘mmt fair quality and conaition, 2.35a mostly around 2,50; few best, 3.50 | choice count, fair quality and | condition, 1.50a2.00; few best, high as 3.00. String beans—Supplies moderate; de- mand slow, market dull; Florida, 7g-bushel hampers, green, best, mostly 2 fair quality and condition, 1.50a 1 Eggplant—Supplies light; demand | light, market steady; Florida, pcpper crates, fancy high bush, mostly 4.00; other varieties, 2.5023.50, according to quality and condition, Peppers—Supplies light; demand light, market dull; Florida, pepper crates, fancy, 2.50a3.00; choice, 2.00. Squash—Supplies very light; demand light, market stead: Florida, pepper crates, fancy whitg, wrapped, few sales, 3.00a3.50; yellows, few sales, 3.00. Strawberries—Supplies moderate; de- mand moderate, market steady; Florida, 32-quart crates, various vari !!‘s, best, 20;" pony mostly demand | 10-inch demand bushel :\3.'IJ rrtn"«'rx\mr various varieties, Pe‘ —Supplies light; demand moder- t firm; Mexico, 45-pound crates, 7.7528,00. ets—Supplies light; demand light, s!(’fld}, TA‘(M bushel baskets, bunched, Carrots pp]h’< moderate; demand light, market slightly weaker; Texas, bushel baskets, bunched, mostly 2.00. Cauliflower—SuppHes moderate; _de- mand light, market about steady; Cali- fornia, pony cratessmostly 2.25. Cuciumbers—Too few sales reported to quote. Oranges—Supplies moderate; demand moderate, market steady: Florida, boxes, No. 1, large size, 3.50a4.00; medium size, 3.0023.50; small size, 2.5023.00; No. 2, all sizes, 2.50a3.25. Grapefruit—Supplies moderate; de- mand light, market *t!’!dy Florida, boxes, No. 1, medium size, 3.5023.75; small size, 3.00a3.25; No. 2, all sizes, 2.75a3.25, GERMAN BONDS AND STOCKS Special Dispatch to The Star. NEW YORK, March 11 Ger Goyt Red Loan with draw ctfs att per R Porn \\uhoul 00 R M Asked. 60.00 4000 Bid. 55.00 wetts n‘QL'” 41%s 101 ambiir 4125 (Quo ol Frankfort Munich «”Eu I G Farbe: Disconto th German Lloye Avsirian A B G (Gen Eiec)! Rudolph Karstad! Slnckhoh.vm of Victor Talking MONDAY, MARCH 11, 3;-dozen, best mostly 2.25; fair | 1929.’ INVESTMENT BANKERS PLAN ANNUAL SESSION By the Assoclated Press. NORFOLK, March 11.—Approxi- mately 125 delegates are expected to gather at Virginia Beach June 8 and 9 to attend the convention of the Southeastern group of the Investment Bankers’ Association. The program includes only entertin- ment features. A golf tournament, surf bathing, horseback riding and other sports are planned for the two da ‘The Association the | United States will hold its annual con- vention here on June 27, 28 and 29, with about 225 expected to attend. A B. Carrington of Danville is president of the association, T. M. Carrington of Richmond chairman of the board '\ndi R. T. Corbell of Richmond is sccrntaryx and treasurer. PARIS BOU’ESE PRICES. PARIS, March 11 (#).—Prices were easy on the Bourse today. Three per cent rentes, 71 francs 20 centimes. Five per cent loan, 97 francs 95 centimes. Exchange on London, 124 francs 24 centimes. The dollar was quflted at 2 francs 61 centimes. TREASURY CERTIFICATES (Reported by J. & W. Seligman & Co.) Rate—Maturity, Olter, Mai 9930-32 100 99 100 FOREIGN Excxmmn (Quotations furnished by W. B. Hibbs & Co.) Nominal gold Selling checks value (or par),” _today. u6es " se820s London, pound. it 039015 36812 Budapest, pen Bratite. crown (om.) Warsaw, zloty Copenhagen Oslo. crow Stockholm, SHORT-TERM SECURITIES (Reported by J. & W. Seligman & Co.) Bid. Offer. Allis-Chalmers Co. 5s 1937 Aluminum Co. of Amer. 55 1952 10 American Tel. & Tel. 4s 1929.. 9 Anaconda, Cobper Min, ‘65 1953 Balto, & Ohio 4155 1933, Batavian Pet. COrp. Bell Tel, of Canada 5% 1968, California Pet. Corp. 515 1085 Canadian 4 Canadien Nor: Ry, 4 Chesa. & 4 Chicago Rock Is Chile Copper Solumbia G Sw Dt on %o ot 'cad United Drug Co. 55 1953, Western Electric Co 55,184 103 Wheeling Steel Corp. 515 1aid 101 A Man You Ought to Know —is in our Trust Department He can help you to lay out a plan to take care of your family when you are no longer here to do it. He knows about wills, estates, taxes and lifc in- surance trusts. FINANCIAL. MARYLAND TOBACCO SALES. BALTIMORE, March 11 (Speefal).— Eoth receipts and sales of Maryland icaf tobacco last week showed large in- cremses over the previous weck, the former totaling 238 hogsheads and the latter 440 hogsheads. Demand co good for most grades of the 19 and prices show little change from last week. State inspectors last week passed 240 hogsheads of the new rop, which makes 1,005 hogsheads inspected so far this season, and makes a total of 5,553 hogsheads in State tobaceo warehou: Quotations _today for Maryland leaf tobacco per 100 pounds: Inferior, 6.00a 7.00; frosted, 3.00a4.00: sound common | and greenish, 8.00215.00; good common. 16.00a25.00; medium, 26.00240.00; good to fine red, 41.00250.00; fancy, '50.00a 51.00; seconds, common to good com- | mon, 6.00a15.00; medium, 16.00a23.00; s , good to fine, 24.00a35.00; up- 317 e e | per_country burley, nominal; groufid leaves, 3.00a25.00. Expnnsxnn Planned. NEW YORK, March 11 (#).—Pro= ceeds from a recent offering of addi~ op | tional stock to stockholders of the Glid- {(l(’n 0. will be used, Wall Street hears, to acquire the Metal Refining Co., Ham= mond, Ind.; Voconutoil Products, Inc., Berkeley, Calif.; Wisconsin Food Prod- ucts Co., Troco Food Products Co., Chi~ cago, and Dunhem Manufacturing Co., Brookl: Glidden's sales in the four | mon ended February 28 increased |$1,100,000 over the corresponding period Hin "\‘ preceding fiscal year. Money to Loan Secured by first deed of trust on real estate, Prevailing interest and Joseph 1. Weller £33 (Denominations Suite 303-307 Invest Your Surplus Funds in Our 6% First Trust Notes Secured on income-producing properties in the District of Columbia and nearby Maryland. Interest and Prmcxpal Guaranteed District National Securities Corp. District National Bank Building of $250 and up) Telephone Main 2994 FOR T0 CLOSE Barr Building, Nine H Bids for same will be the undersigned trustee o’clock A.M. at the office o for $10,000 must accompan All bids subject to approval of Court. Harold C. H. Winshi SALE AN ESTATE undred and Ten Seven- teenth Street Northwest, Washington, District of Columbia received at private sale by on March 23, 1929, at 10 f his counsel, as undersigned. Certified check y bid. Smith, Trustee ip Wheatley, Attorney for Trustee 1010 Vermont Avenue N.W. ‘Washington, D. C. Complete Investment and Brokerage Service Copy of our “Fortnightly Review furnished on request G. M. P MURPHY & CO. York Stock Lxchenge 1508 H Street Connecticut at K WASHINGTON, D. C New York Private Wires and T Telepkone Main 9600 Richmond ‘elephone to New York We wish to announce the removal of our office from 1510 H Street Northwest LIBERTY NATIONAL BANK Fifteenth and Eye Sts. She sold a Law suit After an old lady in Frankfort, Indiana, died leaving a num- ber of valuable business prop- erties, a niece appeared from Allentown, Pennsylvania, and produced papers indicating that she was the only heir. She sold the property and re- turned home telling her five brothers and sisters that the old lady left practically nothing. When the frand was disclosed, the “purchasers” of the real estate found that u:ey had bought a lively law s Title insurance would have ab- eorbed the loss. Capital Title & Guarantee Co. 1425 Eye Street N.W. Representing NEW YORK TITLE AND MORTGAGE CoMPANY chine Co. assenting to the plan and agreement for unification of Victor with Radio Corporation of America represent more than 95 per cent of Victor common shares outstanding, according to an announcement by J. and W. Seligman & Co., depository under the plan, G Capital Funds over 60 million dolla: to the Southwest Corner of H&17t h Streets on Monday, March 18th, 1929 F. B. KEECH & COMPANY Members New York Stock Exchange Washington Stock Exchange Chicago Board of Trade New York Coffee & Susar Exchange, Inc. Rubber Exchange of New York, Ine. Associate Liverpool Cotton Exchange, Ltd. Telephone er, MAIN New York Curb Market Chicaso Stock Exchange New York Cotton Exchange New Orleans Cotton Exchange Winnipes Grain Exchange Members Bremen Cotton Exchange N 245, Will Be Ugchanged S ANE B L R:SIE Owe it those /(7 You on pa ver a Third of a Century Without a Loss The return Main 2100 THERE OPPORTUNITY FOR THE SALARIED vest in our IS NO SUBSTITUTE FOR MORTGAGES plan of purchase makes sible for every one, even of limited income, to in- FIRST MORTGAGES can arrange to buy them rtial payments, as you find convenient. security is the best; the safely high. B. F. SAUL CO. 925 15th St. N\W. SAFETY