Evening Star Newspaper, March 16, 1929, Page 25

e — ; FIN ANCIAL. THE EVENING STAR. WASHINGTON, BONDS SHOW GAN (=== BOND N QUET NARKET Mellon Statement Beflected“ in Better Demand for Standard Issues. BY CUARLES F. SPEARE. Bpecial Dispatch to The Star. NEW YORK, March 16.—Some re- #uli from the recommendation by Sec- retary Mellon that the purchase of bonds was timely was seen today in | issues on which the return ranges from | 514 10 6 per cent on domestic issues | and from 6!; per cent to 7'2 and 8 per cent on foreign dollar obligations. Obviously the low income returning bonds are still too much in competition ! with money rates, and the taxable bonds | in competition with non-taxable issup.s“ to make it worth while taking them on with the idea of future appreciation. | The convertibles have a market of | their own which is no more related to | money rates than are prices of stock: The recovery in United States Govern. ments is a natural snap back after the severe decline in the second half of last week and the first half of this week. Today's movements indicated the above tendencies in a moderate number of issues. The more quiet conditions in &tocks reduced the volume of trading in | convertibles, whose prices were only | slightly changed. There were fractional advances in the junior rails, but no out- standing feature. Dodge 6s at one time | were up half and then reacted. A fair- Iy active market in Walworth 6's car- red them to about par. Some of the German and French| obligations that had a substantial raily | Priday lost ground, while others made | small gains. United States Government issues weze stead, Stores Expnnsioil Vm;r;ored. NEW \ORK $March 16 (®) —First | [National Stores, Inc., is negotiating for acquisition of 'the 'Economy Grocery | Chain, with headquarters in | artford, Conn., Wall Street hears. CHICAGO STOCK MARKET. pecial Dispatch to The Star. CHICAGO, March 16.— les STOCKS. B hundreds. High. Low. Close. | o1 Acme Steel . 91 81 81 1; Adams (JD) 1”" Co. Amer Monawk. Al Mot Ind 3 Allied Prod A . 1 Amer Colortype 6 Amer Com P 14 Am. Cflm A 7Am Redio Tele . H Service Co. ! 2Am Yvette Co .. 2Am Yvette Co pft 2Ad Metal . 7 Ass Inv Co 2 Assoc Appar Ind 5 8 Asso Tel Util. | lfillfis Elores . 9 4o Wath pid. 1Baxter Laun A, 3 Bendix Corp 2 Binks Mfg. 33 Borg Warner 6 Borin Vivaton: 1 Bright Star El A 32 Bright Star El B! 3 Brown F & W Co, 2Brown P & W Co 1; Bunte Bros. 17 Butler Bros. 19Camp W & C Fndry. 3 Canal Constr pfd. g 1Cent & 8 W U pr + % Chain Belt 2 Cherry Bur. 35Chi City & C R. ’l Chl O"Y &CR g!d y & C l\ 8. 3 Glub Aluminum 2 Commonweaith Ed Comm Tel Co Pt. lc\mnmu Mat _Corp st Mat Cor pf vis Indust A Dayton Rub A et Ine lec Hous!hnld & D G&E 18 pid: 98 D 0 & F 6s ptd H 8 13! 3 3 ezgvg;"v T O Qo STy Q! Gerlaca- 1 Gerlach-Barkl_Co pd. 13 Gleaner Com Harv 2 Goldblatt Bros A6t Lks Arerati 5 Grigsby Gruno 2 Ground Grip Sh § Houd-Hershey A 12 Houd-Hershey B 5 Tiis Brick 7 24 Inland Wire & ‘Cabl 11 Insull UMl Inv . PRIl B I el akh 21ron Pireman 8% 3 Trving Alr 83 Jeflerson Elec . Kalamazgo Stove 18 Kellogs Switen oo 12 Kendall Radio Tube ¥ Keystone 5il Lane Drug 10 Lane Dru 1La Salle Ext . 8Leath & Co 1 2 Libby MeNeil . 2 Lindsay Light ,3Lion oll Rer Co gz‘ 5 Lincoln Pty . 14 Lincoin Prig pid a3t a5 1 Lincoln Pur war 2 1 Loudon Pkg 4 Lynch Giass Mig Co 1 Marks Bros Thea pid 33 McCord Serv Corp. 3 Meadows Mig Co |3 Merch & Mirs pa pid 3 M Cont Laund Inc A 3 Midi Ut 7s pr in.. Mid West Util. Mid West Util prin Mid West Ul 8 pid 12 Mi fd. . My M 581 Ay, 118 uw. 143 18 2 3t ;'31‘ 7 :1 5 24‘7 N‘ ;1‘. 7 d21 2 28'% 2¢ 28 2 41 it} . B ézt‘ \'l"l 1 2 12 12413 124% }" % m‘i 121 “EYHL Hm“ n5-Honeyw ki Miss Kan Pipe Lme 3 Modine Mf 9 Mo Muncie Gear A egon Mot A 13 Nl Seg Inv ctls ndara Robitt Sparks 3 North Am Cer. I Norinwest Eng s S0 108 1 Oshkosh pfd_¢v 35 Pac Public Serv. 3Parker Pen Co Ipeopies L & P A 1Pertect Circle. 1 Pines winterir 4Fotier Co 1 Process Cor, 1, Pub Serv 3160 com 13 Pub Serv no par. 1Q R S Music . 2 Raytheon Mfe cvill.. 2 Rellance Mtg Co # Ross Gear 1Ryarson J T Son 1Eally Frocks Inc. . 2 Saunders Strs pid 18 Sotictron Tube . % Southwest L&P pld '3 Stana Dredsing Co... ,48tana Dredt Co prd Stetling Motor Truck '3 8iand Bub & co' 5 Sieir 4Stid 2 Super Maid ;) 1 4 1 7 1 3 H 3 2 1 i (N 3 a3, 23 2t L2i0 " 2361, 240 159 80 23 5515 4210 35 Tweiih 8 United Chem pfd 4 Drv Docks Inc EYSe Ny ,-u—»“..i».-uu 1 R chel ‘Corp chel Corp pfd ikesha Motor . ayne Pump pfd ... Grocer...... PL&TA Tk Radio Stores : Reb ... Stores. 15 Wilcox Rich A.. 1; Wileox Rich B 3% Wil-Low Cafterias Inc 2 Winton Engine....... 3 Yate Machine 40 Zenith Radio .. Total sales, 122,000 shares. les BONDS. n thousapds 1Chi City CR 531 12 Ifi Chi Rwy 1st 8s '37 81! ’Common Ed 1st 55 '43 N! g 5:“! 15t B8 44 Wriati Lion 8 38,100 | French 7148 | Japan | Paris-Ly-Med 6s. .. | Com Invest 6s'48.. | Intl Cement 55 48. . | Loew | Lorillard bs .|USRHD7%! (Saime are Lib3%s... & Libistays 21 Lib4ath 4ls 51 US3%ser. 2 USeuss2 12 as a9 106 Sales. Argentine 5s A ! i Argentin Argentine May '61. 1 Argentine 6s Oct 59 10 Argentine 5138 '62. Argentine 6s A Argentine 6= B Austt 44856, Australia 6s 1955. . Australia 58 1957. . Bank of Chile s, Bank of Chile 6%8. Belgium 6s. Beigium 6%s. . Belgium 7s 195! Belgium 7s 195 { Belglum 7%s. .. Belgium 8, Bollvia 7 Bolivia 85 Bordeaux 68 Brazil 6%s 1926. Brazil 63%s 1927, Brazil s Brazil §s Bremen State 7 Canada 5s 1931 Canay s 1952 Canada 5%s1929.., 9 Chile 65°60....... 160 Chile 6s | Chile 78 1943.. Colombta 68 Ja Con Pow Japan 7 “openhagen 4%s 53 Copennagen be ct.. Cuba 5%s Czecho 8s 195 Czecho 8s 1952. Danish Munic $s A. | Denmark 6s....... Dutch East I 65 47 Dutch East I 6s 62 Fiat 7s war "46..... Fiat 7s x war 46... Finland 6%s.... Finland 7s French 7s.. German EI P6%s.. German 7s. . Ger Am Bank 7s. Ger Gen Elec 7s. Greek is... | gaiti 6 ish Free State 5s. taly 7s. . ltalian Pub S 1 Japanese 4s, 6%s Lyon ee Marseille 6s Allan 6%s... Netherlands 6s 72.. New So Wales 57 Nord 6%s..... rway 5s 1963 Norway 5%s. .'\or'ly 6s 1943 o - BeomBrrmmEgarcmn v 61%8 1953, . Orlent Dev 5% ‘37 Paris Orleans 5%s. Poland 7s (rcts). Poland 8s. Prague 7%s. Queensland s Rhinelbe Un 7 RhineWst EP 6s'53 1 Rio de Janeiro 6%s Rio de Jan 8s 194 Rome 6% Sao Paulo 1950. Setne 7s 42.. A P T Serbs Crot Slo 8 Shinyetsu 6345 52 Soissons 6s. Sweden 6s. Sweden 5%s. Swiss 5%s 1946 Swiss Confed . Toho El Pow 7. . Tokio 5%81961.... Utd Kingm 5%s 37, Vienna 6s°52...... 9 3 5 3z Alleghany cv5s wi. 26 AmAgriChem T%s. 1 Am Chaln 6s°33.... 12 Am Int Cor 5%s 43 90 Am NatGas 614842 5 Am Sugar Ref 6s... 10 AmT&Teltrés.. § AmT&Tcltrés.. 7 AmMT&Tsfbs..., 29 Am Tel & Tel 5%s, 11 Am Water Wks 55, 13 Anaconda 1st 6s. 18 Anaconda cv db 7. Armour&Cod % s 39 Armour Del 535 Atl Gulf 8 5 Bell Te1 Pa 53 B, Bell Tel Pa 5s C: Bethlehm Stl pm 63 11 Beth Steel 53%s53.. 1 Bethlehem Steel 65. 10 2klyn Edison b 9 Bklyn Union 6%s.. 1 Certain-Td5%srcts 18 Chile Copper bs.... 11 Colon 0i1 63'38.... 1 Col Gas&E| deb §5. 10 Com Invest 533849 72 2 10 H 5 5 Cun Coal Md 1st 6s. ConGasN Y b%s.. Cuban Am Sug . Denver Gas §s o 1 DetroitEdison5s40. 2 . 17 .o 5O East Cuba Sug T%s 1 Fisk Rubber 8s.... 8 Gen Mot Ac Cor 6s. 10 Goodrich 6%s. 3 Goodyear bs rets... 17 Humble Oil § 3 HumbleO & R5%s. 1 lllinois Bell 1st 5s. 1 1ilinois Steel 4% 1 Indiana Steel 5: 2 Inland Stl 4%s°'78. 1 17 Intl Match bs 47. Inter Paper 6| Int Tel&Teleg 4%5s. Int Tel&Tel 4%s cv 174 KanCity P& L 5s.. 2 Kreuger&Toll 5s ct 26 Laclede G 5%s62.. 2 Ligget&Myerssssl. 7 Incés...... 2 Loew’s 6s w o war. 10 2 Lorillard () 18... 4 Louisv G & Ebs 52, 4 ManatiSug st T%s. 1 Midvale Steel 58... 6 | Nat Dairy 5% Nat Radiator 6%3. N Y Edison 6%3. ... NYGELH&PSs N Y Tel 6541 6 Y Tel 654 1 orth Am E 3 |NoAm Ed5%8°63. 5 Nor States Pow 6s. 6 Pacific Gas & El bs. & PacT & T 1st5s... 10 Pac T & T bs 1 Pan-Amer Pete 2 Paramount 6s 19 2 Pathe Exchange is. 4 | Phila Co 5867 w1 3 Philips Petio 6%s.. 15 Por Ric Am Tob 6s. 8 Postal Tel & C 5148, 17 Punta Alegre 7, . RemingtonAr Rem Rnd b%s war. Sinelair O11 6 Sinclair Oil 6%8 Sinclair 01l 78 Sinclair Crude 51 Skelly Ol %8 South Bell Tel 5s. Stand O11 N J 58 46 20 Stand OIIN Y 4% 10 SugarEstOrlenteis. 1 TennElecPow 68 47 14 Transcont] 011 6'%s United Drug b8 53.. 17 2| US Rub 1stre bs... l; 15 8 4 U S Steel a ? 5 Utab Fow & Lt bs. . 991 96 10 20 FOREIGN. b 100% MISCELLANEOUS. 59 250% 2 104 20 15 9912 9610 10519 106 20 Low. Close. Il 91N 99 99% 99 99 High 914 109 904 102 100% 1004 104 99% 934 934 101% RT% 9818 8% 96% 102 110 109% 1087 103% 9613 100 9814 100% 5% 96 a2 924 100% 9644 | 100% 100% 881y 99% 103 924% 92% 102 94 994 S STOCK EXCHANGE Received by Private Wire Direct to The Star Office UNITED STATES. Sales. Hilh Utilitles Powr 548 Vertientes Sug 7s.. Walworth 6148 '35. West Elec bs. Wesin Union 6= 51. White Eagle O 5 %8 Willys-Ov 618 33.. Wiison & Co 18t 6s. 101 Yngstn S&T s wi. 100 RAILROAD. Atchisonadj 4s.... 4 85 Atchison gen 48 5 91% Atchdeb 4138 '48... 99 115 Atlantie C L 1st 4s, 927 AtlanticC Lel 4s. . RR'y Atlantic C L 4135 64 91% B&Ocvay o114 B&Oref bs. .. 1004 B & O 53 2000 D. 107% B&O 1stisct. 1024 B&OTfimp 68 1094 B & O SW5s 50, 100w B&O Toledo ¢s lang & Aroos 4s 51 Boston & Maine bs. Brookiyn Elec 6% G3kiyn Mannat 6s. .. Bklyn Un El 5s sta. Buft R& Pitt 4%s.. |Can Nat4w%s30.... | Can Nat 4145 57 Canad North 61%s.. Canad Pac deb 4s Central Pacific 4s. ., Cent Fac 1st 55 90., Chesa Corp bs w 1.. Ches & O 415593 A Chi B&Q gen 4s 5 ChiB & Q1st rf 6s. Chi&E 111 gn 55 51. . Chi Gt West 4s59.. ChiMIISP&Pac5s?5. CMSP&Pacadj5s03. Chi& NW gen ¢ Chi& NW T7s. Chi Rys 5 Chi R1&Prf4s... CR1Pac4k%swi., ChSitPM&O 5s '30. . ChiStPM&O 6s '30. . ChiTH&SESs... C&WI5ks6s CCC& StL 6sD. Conn Ry & Lt 4%s. Cuba R R6s....... Cuba It R 65 1936 cf Cuba Nor 5%scts.. Tiel & Hud 1st rf 43 Del & Hud 5%s D Rio G West b3, DRG & Wst bs Erie Gen 4. Erie conv Erie cvt 5567 w1... Grand Trunk 7s Great North 5s. Great North 6% Great Nor gen 7s. Hocking Val 41%s, Hud & Man a; Lii Cent 4% 65. . 111-C-C-StL&NO §; Low. Close 89 X(‘nfl 102% 101 102% 102 1004, « 1024 4 108% 100 ] B emae-S~Sanuanoan 9% 89 91t 991 914 114 B4 90% 10015 98l 100% 95t Rty T6ln 80 Y2 111w 100% 107 109% 100% 95 K8 { Int Rapid Tran bs.. Int Rapid Tran 6s., Int Rap Trans 7s... Int & G Nor 1st 6s. Int&GtNor adj 6s 52 Kan City Ft S 4s.., 101 102% 101 8674 99 9474 8614 86l 8% 97y 107 103 110 102% 91y 93 9374 105% 904 106 106 8 93 854 981y 1034 103w 1023 109 984 86% 104 864% 100“ 94% 86 8644 B85 97 11\7‘,4 103 110 1023 863 85 103 105 98 108 89 104 994 103 103% 1064 98% 104% 1024 105 97 105% 89 103% 9% 102% 103 105% 981 104 248y H0% 904 0% 100% 102 104% 1028 35448 1 95% 1067 98% 105 9% 6819 105% 100 98 101% 100 1003 102 105 103 354% 2% 95% 10674 9874 105% 943y 69% 105% 100 98 101% 1004 984 81 111% 1017% 107% 2% 99% 101 1027% 98 102% 91 109% 2% 997 101 9% 108% 954 101 109 95% 101 954 931y 116 1015 981 102% 100 1157 | 9% 8514 | 1094 101 97 116% 102 98% 1021 100% 115% 98 e 110 101 97 98Y 106", 1100, 100 100 105 100 10415 1051 110% 1101, 997, 100 100 100 105 100 10115 103% 100 804 97iy 8, 1034 Y01y 51 98 1034 100 B0 971y a0 1037 9078 81 93 100 RO, 97% 90 103 907% Bl 9% 94 99 99% 102 102 96 93 106 102% | 81| 1031y | Kansas City § 3s... Kan City Term 48 Lehigh Val 5s 2003, Long Isrf4s49.... Man Ry 1st 45 90.., Minn & StL ref M StP & SSM 6% MK & T ad) 6s. Mo Pacific gen ¢ Mo Pac 5s A 65. Mo Fac 58 F 77, Mo Pacific 55 G NRM4% 57 N O Tex & M 5: NOT&Mb6% N Y Cent 45 98 N Y Centdeb 4s.... N YCentrt s, . N Y Cegt deb 6s NYC & StL deb 4s.. NY C&StL 4%sC.. NYChi&StL b4%48A.. NYC&StLEsA NYNH&H 4s 66, N YOnt W ist4s.., Norfolk & W cn 4s.. Jorthern Pacific 4s. T Pac 4148 2047, Northern Pac 68 D. Northern Pac r 1 6s, Ore Short L rfs ¢s.. Ore Short L Gs gtd.. Pennsyl gen 4% Penna RR 4%s Pennsyl 6%s. .. Pennsyl gold 7s, Phiiippine RR 4 PCC&StLbsA PCC&StL 55 B 75 Portland EIP L RIATk& L 4% St L IM&S R&G 4s. StL&SFpl4saA.. StL&SFra%s7s, StL&SF prIn b St LS \Wcon4s 32, Seab A L ref 4s. SeabAL ad) bs 1 o Seab A L con 6s.... SBAIIFlaési5A. Sou Pac 4s 29, . Sou Pacclt 4s.. Sou Pacific ref 4s. Sou Ry gen 48...... Sou Ry 6s 5 . Sou Ry 6%s.. Term Asso S L 4s. TexArk FS5%5 50, Tol r L&P 5%8 30, Union Pa it 4s. Union Pac 1st rf 4s. VaRy &P Whash 433 e e e Y TYUPR DAL CPRUN s - ) PR i P C P S - | Wabash 1st bs. Wabash 5376 B Wabash 5% West Maryland 4s. ., Western Pacific 5s. Stock Exclmnge Selt Sale. NEW YORK, March 16 (#).—The first 10714 | sale of a New York Stock Exchange seat | since the decision to increase the ex- change membership was announced to- day to have been arranged at $438,000, excluding the right to one-quarter of a membership that accrued to mem- bers with the increase. The purchaser | was not disclosed. Befcre the membership increase, the I cluding the anticipated seat dividend. Recently memberships obtained through purchase of four seat rights sold at | around 8428 000. e Special Certo Dlvndend ROCHESTER, N. Y., March 16 (#).— { merger with the Postum Co., it was an- | nounced today. This will be in addition i to the 75-cent payment, recently au- thopized by the board of directors, Apfil 1. A special meeting of shareholders has special payment and the merger with Postum will be voted on. It is the in- tention of Postum to give 87.75 shares of Postum for each 100 shares of Certo ; outstanding. ‘ New York Stock and Bond Averages. SATURDAY, MARCH 16. STOCKS. Total sales. 260 shares Fifty indusirials averaged aln. 05, “Jilzh."1999. low. 2015, Twenty !l averaged o) " uich, i low, 198.1. T, 1o BONDS. Total hond sales (par value), .- 03,000, Ten first-grade ralls averaged 92.13; et doss, .15, Ten --»nnurv rails avera ne_chan "1 pubile utilities averaged 95.8%: net_gain, .12. Ten Industrials averaged 99,5 gain. a3, i met %97 RO 100 100 108% 108 99 99% Combined averages, 95.50 net rain, rerages meonth ago, ago, 99.35. | record seat sale price was $625,000, in- | A spectal dividend of $1 in cash will be | C | paid to stockholders of Certo Corpora- tion before the consummation of the | been_called for April 4, at which time the | CURB SPEBIAHIES {AVER IN SELLING, | Profit-Taking Appears After‘ Gains of Yesterday—In- dustrials Gain. BY HARRY H. BECKER. Special Dispatch to The Star. NEW YORK, March 16—7Pmflt-f taking, although natural after so violent | an advance as occurred yesterday, held further gains on the Curb Exchange | within more modest proportions today. | Although realizing was not particularly | heavy, the trading element was not disposed to push up their favorites so | aggressively. The only excitement was furnished ! by Ford of Canada, which in response to news of the 20 for 1 split up went to $1.025 a share on the opening sale of 400 shares. This represented an overnight jump of 224 points. This was followed by a sale at $1,150. Irregularity was evident in other re- | cent leaders, more especially those which led the previous upturn. Special de- mand developed for Goldman-Sachs Trading, lifting it Half a dozen points to the highest price so far reached. ‘The best prices in their history were also established by Pond Creek Poca- | hontas Coal, Grigsby-Grunow Radio, i Ground Gripper and Humble Oil. Avi- | ation shares were either unchanged or | slightly lower and the same was true of the mining and utility favorites, with | the exception of American Super- Power A. Among the prominent Industrials to] show gains were Firestone, American | Cyanamid B., Bohn Aluminum, DPPN'! Hazeltine Radio, Transamerica, West- | vaco Chlorine, Trans-Lux and Sparks- Withington. Strength in the oil shares was con- fined to a relatively few of the standard members, although Gulf of Pennsyl- vania spurted rather sharply. Standard was unaffected by the state- ment for 1928 showing net profit after preferred dividends nearly double the 1927 result. Illinois Pipe Line made a { new 1929 top. Further improvement in the copper metal price situation helped most of the producing company shares but gains were fractional. Among the sfocks which moved lower were Kolster Brandes, Gold Seal Elec- tric, Lehigh Coal & Navigation, Tubize Sflk, and Pokker. Washington Stock Exchange SALES. | Barber & Ross 61:5—$2,000 at 9515. Capital Traction Co—20 at 993, 20 at 9935, 10 at 99%;. Norfolk & Washington Steamboat Co.— 2 at 308 Potomac Electric 5'5% pfd.—3 at 108%. Potomac Electric 6% pfd.—1 at 113 Washington Rwy. & Elec. pfd.—10 a 9775, 10 2t 977, 5 AL 977, Bank of Bethesda—10 at »;. Columbia Sand & Gravel | 92%, 3 at 93%. Federal-American Co. com.—20 at 53. | Federal-American Co. pfd—10 at 103. Merchants' Transfer & Storage com.— 10 at 131, 1 at 131, Mergenthaler Linotype—2 at 1071, ! AFTER CALL. Federal-American Co. com.—5 at 53. Potomac Electric 512 % pfd.—5 at 108%, 2 at 108%;. Capital Traction 55—$3,000 at 1003;. Ter. & Ref. Whrs. Corp.—10 at 52. City & Suburban 55—$1,000 at 93%, Washingtor. Gas 65 B—$500 at 106. Peoples Drug Stores pfd.—11 at 124, UNLISTED DEPT. Chapin-Sacks 8% pfd.—5 at 108, 50 at 1082, Bid and Asked Prices. BONDS. PUBLIC U & Telga pfd—10 at Amer. Tel. Amer, Tel. & Telga. Am. Tel. & Tel. ctl. tr. 5s. Anacostia & Pot R. R.'Ss Ana. & Pot. guar. C. & P. Telephone B5s. C & P Tel of Va. 55 Cap. Traction R. R, 5t City & Suburban 8s. town Gas Ist 55. Elec. 18t 5s. Potomac Elec. cons. 3% FPotomac Elec. 6¢ 1953. 4n Gas 65, series A . Gas 6s, series B . Rwy. & Elec. 45 S . Rwy. & Elec. gen. 65... MISCELLANEOUS. Barber & Ross. Irc.. 6'4s.. Cham.-Vanblt. Hotel 635 | Chestnut, Parins Dairy 6133 | Chevy Chase Club 5'.: D. C. Paper Mfg. 6s. .. Pot. Joint Stock L'd BK.'5: Wash, Mkt. Cold Storage 5 Wash. Cons. Title Co. 6s STOCKS. PUBLIC UTILITY. Tel Capital Traction C | Washington _Gas. Norfolk & Wash. Steamboat Potomac Elec. 8% pfd. . Potymac Elec. 5 pfd Wash. Rwy. & Elec. pfd Wash. Rwy, & Elec. com... NATIONAL BANK. National Capital. Columbla 1. | Commercial District ... Federal-American Liberty . Lincoln National Metr | Rigs Second I National Batik 6t Washington. TRUST COMPANIES. American Seurity & Trust Co. 468 Continental Trust . Merchants' Bank National Savines & Trist Co!! Union Trust o+ Washington Loun' & it SAVINGS mm\ Bank of Bethesdn : Commerce & Savings | East’ Washington. .+ Potomac Seeurits Sav Washinston Mechai FIRE INSURANCE. Gorcoran, . Fireme, National Unfori, TITLE INSURANCE. Columbia Title. . e Real Estate Title. : Title & Inv. Co, of Md. com.. Wash. Cons Title pfd.......... MISCELLANEOUS. Barber & Ross. Inc.. com Chevy Chase Dairy pid Chestnut Farms Dairy com ol. Sand & Gravel pid .. Commercial Natl. Co. pfd D, C. Paper Mg pld Dist.’ Natl. Securities pfd. Federal Storage pfd..... Federal-American Co. ‘¢om. . Federal-American pid...... i onMonotype. . . SATURDAY, MARCH 16, 1929. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office Following is a list of stocks and bonds traded in on the New York Curb Market today: Sales in | mindred on _Dr B pha Port Cem im Co Amer. im_Goods_ Mg & For Pow war 1Am Brit & Con Corp 2 12Am Cit P & L A 122Am Cit P & L'B 2Am Colortype 57 Am Commonw P A 4 Am Commonw P B 12 Am Comm P optl war 92 Am Cyanamid B 4 Amer Dept. Stores 4Amer Gas & El n 14 Amer Mfg 19 Amer Nat Gas. 2 Amer Nat Gas § 7 D 35 Amer Roll Mill 2 Amer Sol & Chem i Amer Stores. .. 30 Amer Suerp A 1 Amer Superp B 2 Anchor_Post Fence aglo Chil Nitra.. k Natl Gas... ct Radio Tube wi Asso Dye & I‘nn‘{ 10! 6 15474 a4 1674 161 94's 38° 851a 11077, L1043, 37'2 343 251 80is lo% 25 4 5512 1 Atlas 50 2 Auburn Auto Collll1711; 5 Auto Reg Mach 2 Auto R M cvt pr pi 2 11 Aviation Co of Am.. 6474 3 Aviation Credit 22 . Corp wi....... 22 1 Axton Fisher A wi.l. 37 5 Bahia Corp 1470 § Bellanca Airc vic 197n 5814 Bl Bliss Bohnck 1'C Co.. Mfg... T Bkhn Gl R R Budd Mfg. . But Niag & E'P. llard Co s Bui*Va Waier Bul Va n pfd wi..l arma. Corp...... utler Bros... ... n Marconi W pital Adm allot cif 7 Carman & Co A 15 Casein Co.... 2Celan C Am n'‘pfd. 1Geian C Am 1 pfd 2Cent At St Sr vic.. dCent Pun s A 5 Cent States EI ent 8t fd 3 Cent St El conv pfd 122 38 Check "Cah M. a8 12 Chic Jeflersop F . 17 City Radio_Stores 1City Sav Bk Ltd. 1Club Alum Uten 1 Cohn-Hall Marx 15 Commonwealth Ed 1 Commnonw P pfd . 2 Cons Alrcraft 3Cons Auto Mer vic!. 3 Cons Auto Mer pfd.. iConsol Datry P ... 15 Consol Film . 1 Consol G Balt . 4 Consol G Bait rts wi 9 Consol Instru 11 Consol_ Laund 1Cons Ret Strs ...l §Cons Theaters vic.. ICont, Dig Fib wi.. rocker Wheeler 1 Grosse & Black pid.! 2 Curtiss Aero 62 Gurtiss Flving Sevi.! irtiss Rad Afr pfd. . 1 Bucca itecord ¢ 2 Deere & Co .. 4De For R_C 11 14 Douglas Afrcraft. 3 Dubiller C & R. 13 Duke Pow 5 Durant Mot 1 East States Pow B 155 El Bond & 8h n 2Fi Invest Inc 1El P & L optl $Em Pox Cor. 1Evans Wall Lea 2 Fabrics Finish 1Fageol Mot Co.. 53, 4 Fairchild Aviation A w 1 Fajardo Sug Co.... 12 Fandango Corp A'. 1Fed Metals ctf 4 Federal Water A 6 Fiat stk deb rts. 4 Fire Assn_Phila 2Fireman Pund Ins 93 Fokker Airp Am. 9 Ford Mot Co Cen. 152 Ford Mot Ltd... | Foundation For,'A 21 Fox Theaters A 2 1 9 1 081z 110 167 44ty 146 112% L s i 4 Freshman_Chas Co 1Gears & Forgings B. 5 Gen Tnv. 40 Gen Elec Ltd reg Fireprig n 3 Real & Ut Cor pf 95 Gen Tire & Rub.... 2801s 2 Gilbert (A _C 231 33 Gold Seal Elec. . 8 1562 Goldman Sachs i, " 12014 10 Gotham Knith Mac 1 Gramop Co Ltd rcts. n' 4 Granite City Stl... 2 Green! Tap & Die. 7 Grigsby Grunow n. 7Ground Grip Shoe.., 437 3 Ground Grip Shoe 5i 40, 2 Guardian Fire . 66: 4 Hart Parr ... 34 Hart Parr pfd A 9 Haygart Corp ... 57 Haygart Corp rts 'wi 2 Hazeltine Corp 5 Helena Rubenstein 1 Hormel G Co” 2Insur Co N A 2 Insur_Seci iIntl Pro 11ntl Project 1Intl Saf Raz B. 36 Intern Util B... 6 Intern Utl war, 21Inl Hos wi... 2 Irving Air’ Chute 1 Investors Eq Co. 6Iial Superpow A 11tal Superp deb ris 3 Jonas & Naumb pfd 14 Joske Bros vte 1 Karstadt R.. 5 Keystone Afrcra 1Klein (D Emil) Co 1 Kobacker Stores. 64 Kolster Braniles & 15814 Leh Val Coal Gorp %d i Lerner Stores. 2Ley Fred T. 2Lily Tuly 2 Loews war 1Long Isl Lt 6 Louisinna 1. 2 London Tin 1% Ludwig Baum' pf 41 Marconi Intl Mar 3 20 Marc Wire Lond B.. 19% 2 Marion Steam Shov 1 357n 2 Mavis Bottling . avis Bottling r d_Johnson 2 Meadows Mg 2 Memphis Gas 2 Mercantile St _ 1 Merritt Chap & '8 1 Mexabi Tron” le Co id West ULil id WUt 78 inne Hon Reg. ... Missouri Kans _Pipel g Mock J V oh Hud B’ist pf ontecal deb rts. Morrell (J) & Co 1 Mtg Bk pfd 77 Municipal Se 2 Nachman_Spefid 1Nathan Straus 7Nat Aviation. 2 Nat_Bancserv’ xd. 13 Na Dalry Prod AR 'wi 8% 3Natl Fam Strs...... 317 3 Natl Fam Strs s 2 1Nat Food Prod B 2Nat Pub Ser A 2Nat Rub Mach 4Nat Sug R N J..1000 31 Nat “Theater Sip.... 4Nat Trade Journa 6 Nat Toll Bridge A. 1 Nouheim Phar J_J b Newton' Steel n N Y Hamburg. .. N ¥ Investment T R e g YD ferch. Traus. & Storake pid Mergenthaler Linotype .. & Inv. pfd. Stores pfd. rage & Wir. Corp.. Wash. Conv. Hall prd Wash. Mech Mige. com Wash' Medical Bldg. Woodward & Lothiop *EX dividend. Security Ter Ref. Unlisted Depar!men!. BO! Army-Navy Club 57, Cosnios Club_ ‘413 Commerclal Club” 15t in Chapin Sacks 8 Connecticut I Chr. Heurich Br'y... Departmental Haik. District Tj Franklin A Miller Tie 4 Nori i “capits Northenst & Park Savinss Ralelgh Hotel C Washington _§i Washington T Washinaton B Woodridge-Lan SILVER QUOTATIONS. NEW YORK, March 16 (#)—Bar sil- ver, #%; Mexican doliars, 4235, 2 Nichols & Shep. 4Niles Bem Pnd 44 Nor Amer Aviai 9 North Eastern Pow.. INor Sia P A.. T n Equip wi 4813 ar E pr pid A 10 19 Oliver, F E conv part 6 2Pac Tin Cipn 5w J C Penney & Co 1Penn Ohio Ed 2 Penn O Ed p pfd 2 Penn O Ed_optl war 3 1Peop Drug Store 1. Pepperell Mig 58 Petrol Corp 1 pd. . 2, Phelps Dodge W d 134 Phelp_Dadge Cor n'. 2 Bick Bar, & Co ptd 1Pie Bak A i 1 Blerce Gavernar.. 9 Pitney Bowes P 1 2 Pitts Scr & Bolt n @ Pow Sec Cor pfd... 1Pratt & Lamb 11000 !4 Prudence Co pfd .1 10414 #Pug B P & L opfdl [ 100! 1Pug 8 P & L pfS'7'd 99! 1Pyrene Mg ......... 8! 142 Radio Corp n 'pfd 2 Ruinbow Luminous i3 3% 2 Ritter Dental 1 Roch Cant Pow .00 2 Rool Rfe Cv pr pfd.. 1her ilte Rea Esf T chulte Un Sc-s1"8ir :u Gen Am Inv Gen Am 18V ot 120t ected Indust Tnc. . 26 lect Ind Inc pf 6'as 99 INDUSTRIALS. High. Loy, Close. 154 4 1612 18 23 281, 851 106 1043, 251, 601a 55 50 1710 1 241 Bl 2814 BEiN 3%, 28 53 44, 445 44" a4 13014 170 381e 37 857 85 8 85 40 391, L 231, 23'% O . 17078 17814 asty by 2 Selfr Prov Stores 28 Serv El vte 1Seton_Leathe 2 Sheaffer Pen . 2 Sharon Stl Hoop 3 Sikorsky Aviation 57 Silica Gel_ctfs 1 Skinner Organ '3 Smith Co (A 0. 4 Sonatron T . 13 Southenst P & L .. iSouthe P & L vic 13 Southe P & L war.. 22 South Asbestos .. 1 South Col Pow A . 1 Southland Rovaity 6 SouthW Dairy Prod 1Spanish & Gen rcts 14 Sparks Withing 4 Spies M Stern cum pt 90'2 3ta 203, 1u~ 1Stein Etein Bloch pfd Stein Cosmetics : tewart Warner Co 1 63's anes Hugn . 13, omb_Carls Tel [.. 263 it Intl .. 343, ggart Corp 5214 2614 s 5 2 Timken Det L. 2% 3 Tishman Realty & C 58's 58 1Tob & Allied S .... 34% 54% 24 Trans Am ... 1114013 140 10 Transcon Aif Fisp!: 27% 2T 12Tri Cont Corp . 3 | 321 8Tri Cont Corp_ pfd. 1055 10512 ,3Triplex Safe GI Ltd 14 Tubi Art 8 B . 1Tunz Sol Lamp . 2Tunk Sol LA .. 1Union N G' Can ! 5 Union Tobacco ... . 5Uni Aircraft & T 2Uni Alrer & T ptd 1Uni Carbon pfd 39 Uni Chem pr pfd .. 2Uni Elec_bond rts .. 1Uni El Serv wi. 9Uni Gas Co . 3Uni G Imp C': 44Uni Lt & P ALl 2Un{ L&P B pfd xd.. 3Uni Frt Shar 13t 2814 343, 5114 i ) 541 0% s11 6210 f103% 1 S 221 4, 3Nra 2210 Aty 25 5615 116 16 4 27 3634 H 13 333, 54 10! 512 6214 02 60%% 29 22 4 ity 21 (] 2 5615 S Treiehi of Del. 8 Gypsum.... 7 'S Rub Recl.. ... niversal Aviation... 2 Watson J W, 1 Wavne Pump... 2 West Auto Siup Al 19 Westvaco Chlor.. 2 Wh¥enight Inc... 2 Wieboldt_Stores 1 Widlar Food Prod 2 Williams (R C.) & o 35 Wil Low Caf 1 Winter B J 5 11 Wire Wheel Corp. . 4 Wright Aero 15 Zenith Radio.. 507 Sales MINING STOCKS. in hundreds. 1289 Anaconda Cop rts... 130 Ariz Globe C 5 7Com Tun & Drain'n 83 Cons _Cop Mines...... 2 Cop Range ... 10 Cresson_Con " Gold 110 Falcon Lead Min 6 Firs. Natl Copper 33 Gold Coin M. 7 Golden” Center M 34 Goldfid_Cons 1Hecla Min ... 1 Hollinger Gold . 23 Hud Bav Min & Sm. 2Iron Cap Copper 3 Kerr Lake § Mason, Vel 3 Momticans ‘N © 11 New Cornelia” . 74 Newmont Mining 3N J Zinc n 2 Nipissing .. 38 Noranda ... 31 Ohio Copper 8Pond Creek . 1 Premier Gold M. 30 Red Warrior . 5 Roan Antelope cow 100 San_Toy . . 10 Stand Silv’ Laad 208t Anthony Gold 5 Tech Hughes 18 Uni Verde Ext 1Unity Gold 2 Utah Apex 18 Utah Metals 3 Walker Mines 2 Wendon Cop . Salss INDEPENDENT OIL STOCKS. in hundreds 12 Am Con Oilfids 11 Am Mzracaibo C 1Argo Oll.... 4 Carfb Synd g8 Cities Serv 1578 45% a7 36 2815 13 3315 3 Colon Ofl. 1 Columbia 'S 27 Crenle Pete 1Darby Pete 34Gult Ol Pall 2 Homaokia Ofl. 2 Intercont _Pet’. & Leonard Oil... 27 Magdal _Svnd 1 Mount Prod xd .. 10 New Bradford O 3 New Mex Ariz Land. . 5N Y ete Roy 5 3 Pac Western Ofl . 7 Pandem Ofl ... & Pantepec Oil ' 6 Pennok Oil Corp. . 2 Plvmouth Oil Relter-Foster Ol Ryan Con .... 1Salt Ck Cons . 38alt Ck Prod.. ... 23 Tex Ofl & Land n... 4 Tidal Osage O 2Tid Os O non-vi 3 Venezuelan Pet ... 2 Woodlev Pet Uy ot . 8 27 in units. 100 Anglo Am Ofl 23209 Cont Ol 4500 Humble O & R 2001 P L. 3400 Imp O Can’ 300 Inter _Pet Lt 400 Nat Transit. 600 Ohio Ol. .. 300 South Penn’ 'O’ 200 Southern' P L 308ou W Penn P L 5! 71008 O Ind. 1008 O Kan 1812 2TV 2674 10613 104% 316 ~ 312 9814 5610 2510 1 115 ° 115 5600 Vacuum Ofl 129% 128 Sales in BONDS. thousands. 13 Abitibl PAP S5 A '33 833 2 Ala Pow 418 '67 4 Alum Co Amer 8§ 2 Alum Ltd 5s '48.. 85 93 A G & B 1As Sim Hard 1 Atl Fruit 8s 3 Bales Valve 23 Becon' O 6o 6Bell T Can 55 A 1Beil T Can 5s B '57T 2 Bell T Can 5s 57 n 2Can Nat Ry 4'as 1 Capital Adm C 5 4 Cent Stat El s '4 5 Childs 5s '33. Cig St R H 51 855 4 1081 10 s 065 106'a 38050 118, 201y BCit Ser Gas Pip 6 '43 95 it Serv Pow 5138 '52 95 & Gom £d §om D812 1Cons Pub 6us 3¢ 5Cont G & E 55 A '58 1Cudahy B8 87 .. SDenv & S'L 6s IDet Cily G 65 A Det City G TDet Intl 6lus 152 Det Intl Ts " 3 1 Paso N G 6'zs '43 IM 2 1 Paso N G 6':s '38105's 105 & R 5iis (42 809 Pirestone T&R Bs Fisk Tire 8'as . Fla P & L 58 '84.. 1 Gatineau Pow S5s 2 Gatineau Pow _6s 7Gen Laun Ma 6 2Gen Rayon 8s . 1Gen Vend 6s '27 . 1Georgin Pow 55 '61. 1 Gulf Oil Pen 5s '37 6Gult Oil Pen_ 5s 1Gulf Sta Ut 58 A '56 !ll 5 Harpen ' 6s 49 . 3 Hood Rub S'ss '36.. 'll' 70Ind Oil & Gas 6s '39 107' 3 Indiana P&L 35 A 57 9 7 Intl Pow Sec Ts E '57 2 Intl Sec Amer 55 '47 1Intersta Pow 5s '57 1 Intersta Pow 55 '57 n 9 2 Kimber Clark 55 A '43 1 Manit Pow 23 Mass Gas 815 '46 7 Memp Nat Gas 65 '4& l”\lt|l E E F(Q‘; D 1 Milwaukee G 41.5 67 3 Morris & Co 7'z5 B0 1IN|'1 Inn' 3 Narrow EI Cp fs A '57 9811 98 ANat D Prod 6'.s_'25100': 1001, 13Nat P&L 6s A "l\'-smu. IO'N 5 Nnt Pub Serv 55 '78 2 Nebr Pow 6% A 2022 m»u lI\R' S New Ene GAE 5 nfl 'I.‘ 1087 ac Wn it «l s '43. B o e SEEES 39! hila Suburh s 5145 30 ichfid, Oil iys 7310 och Cent P 55 A O Gae s co oy 1 ervel Co Del 85 '48. . Sha W & P 4l.s A ‘67 0 Snider Pack 65 '32. .. 98! 6§ Solvay Amer 53 A '42 951 #8ou P & L 63 A 2025 1034 1031 15 Sou Cal Ed 85 'S1...100 ° 60% 8 South Cal G 85 '37. " 94% 6 South G & E 5s A 'ST 03 18ou P & L 6s A 20221041, 104'4 4 Southw Dai P g1:5'38 903, 091, 18taley Mg 65 42 28tand P & L 65 & i8un Maid R 15un Ol 81as '3 2 Swift & Co 5 11 Thermoid "6 3. 31ay Ra 65°A 521007, Ay Tias 136110 © 110 ef Sigs 3510002 100 Lss 'S0 . o8 Row g AEs o8 8 00 atn san %D T T 20! 1 1 9234 1 100t | 2914 22 43 s 22's 8 2 6 16 46 27 122 1127 36% 287 13 3334 487, *9’<‘ndded gain. That is true bot 2 2% | Sales STANDARD OIL ISSUES AND FOR- MER SUBSIDIARIES - STOCKS. 1612 PERTLEEE TP TETY 96 1 180% 1407 1403, 91, 9915 47 100% 1003 1008, H | points rrNANCLAL. * 25 BUSINESS 1S 00D, SAY TRADE EXPERTS : Dun and Bradstreet Report Better Outlook in Most Industries. Special Dispatch to The Star. NEW YORK, March 16.—The trade | reviews issued for this week by Dun and Bradstreet report business in gen- | eral as “fair to good,” and their state- | ments reflect better conditions in most flelds, with steel still setting new records for production. Bradstreet'’s review stated that “the weather this week has improved in a few areas, notably the Southwest and on the Pacific Coast, and in these areas Spring trade has expanded, but in the Central West bad roads, rains, thawing weather and swollen streams have been checks on farm work and country buy- ing, while at the South generaliy, but { particularly in the Southeast, the | weather has been bad and distribution checked. A measure of the quality of the weather this Winter may be had in the returns of bituminous and an- thracite coal production, which for two months have exceeded a year ago by 154 and 234 per cent, Industries Active. “In industrial lines, the steel indus- try and kindred lines, such as auto- mobile, machine tool and agricultural implement manufacturing either main- tain their earlier pace, or in most cases have set up new high records. The activity in all kinds of electrical mate- rial is reflected in still higher prices for copper, which have reached the 20%2- cent mark, with lead also partaking of the red metal's strength. Steel prices have maintained all their recent strength, with a new high dally record | of production for March is indicated. “In the lumber industry, the advent of warmer weather in the Pacific North- west has resulted in a speeding up of work in logging camps and saw mills, and a consequent gain in employment, but, because of the Winter's curtail- ment, firmer prices. The February ex- hibit of permitted-for building, how- | ever, shows expenditures behind a year ago at most of tise larger cities. “An example of the relatively greater activity of distributive trade in the larger centers is had in this week's re- ports from New York City trade, which, as a whole, class as good.” More Gains Found. The review of R. G. Dun & Co re- + | ports that “with only two weeks of the first quarter remaining, the business record for the period shows points of of the ! volume of dealings and factors which | make for constructive trends. The con- fident opinions held at the ogening of this year have geen largely fulfilled, and in some instances surpassed, and expec- tations of further progress have a tang- ible basis. Preparations for the new season that is soon to begin are steadily widening, an early Easter is giving a | special impetus to retall trade, and un- usually mild weather in some sections. notably in the East, also has stimulated | Spring activities.” COTTON PRICES LOWER. NEW YORK, March 16 (4).—Cotton to- day opened steady at an advance of 3 to a decline of 3 points. There | was buying on the relatively firm show: | ing of Liverpool, but the effect of this | feature seemed to be offset by prospects for clearing weather in the South. The market eased off after the opening un- der week end realizing or liquidation. May contracts sold off to 21.14 and new October to 20.53. with the general list showing net declines of about 3 to 10 points at the end of the first half hour. Private cables reported that Bombay selling had been absorbed by trade call- ing, covering and buying on reports of rising waters in the Mississippi. They also reported more cloth sales to Egypt and the Near East. The amount of cot- ton on shipboard awaiting clearance at the end of the week was estimated at 111,000 bales, against 121,000 last year. Futures closed easy, 12 to 19 points lower; March, 21.06a21.10; May, 21.06a 21.08; July, 20.55a20.58; October, 20.43a 20.44; December, 20.45a20.47; spot, quiet; middling, 21.35. PARIS BOURSE PRICES. PARIS, March 16 (#).—Prices were firm on the Bourse today. Three per cent rentes, 71 francs 65 centimes ex- interest; 5 per cent loan, 90 francs 95 centimes. Exchange on London, 124 francs 27 centimes. The dollar was quoted at 25 (nnu 61 centimes. POTATO HARICET DULL. CHICAGO, March 16 (#) lUnlwd States Department of Agriculture).— Potatoes—Receipts, 94 cars; on track, 238 cars; total United States shipments, 914 cars; trading rather slow; market steady on russets, dull on other stock. ‘Wisconsin, sacked round whites, 75a85; Minnesota and North Dakota, sacked round whites, 80a85; sacked Red River ©Ohios, 1.00a1.10; Idaho, sacked russets, 1.60a1.80. Tobacco Expom High. ‘The year 1928 marks one of the greatest vears in the American tobacco trade, data collected by the Department of Commerce indicate. Total exports of leaf tobacco climbed to nearly 584, 000,000 pounds, which is the highest for any year save 1919, and which brought | more than $154.000,000 into the country. Exports in 1919 were approximateiy 777.000.000 pounds, but that year was not regarded as a normal year, as it saw the movement of large “stocks which piled up during the war. Export Copper Advanced. NEW YORK, March 16 (4#).—Refined copper for export was advanced 'z cent a pound today to 21!y cents, follow- ing a l,-cent rise late yesterday to 21 cents for domestic copper. Several weeks 8g0 copper prices moved up in !4-cent strides, but in the past week the pace quickened and three !,-cent advances were made. The peak, it is predicted in trade circles, is )et to come. Ford Stock Offer Delayed. NEW YORK, March 16 (#).—Cable advices have been received in Wall | Street, that a public offering of stock in the Ford Co. of Belgium, which has been set for mext Tuesday, has been postponed temporarily. This is inter- preted here as a move to hold down speculation in the stock. Brokers al- ready have received many orders for the stock from American m\eslors Sales in thousand 1 Bad FOREIGN BONDS. 95 w 4 Buenos Aires - 100, Buenos Atres Tlay 4710212 m' 2 Cauca Valley 5B Ser e o B s 2 10 Gom % Br 5 1Erc M E Mf 6 1 Finland Res 6 Frankfort 6'.s '53 2 Free St Prus_ 6s '52 7 Gelsen Min 65 '34 5 Ger Cons Mun Ts 47 § 2Ger Cons Mun 65 '47. 8 3 Hamburg E 5'us '38. . 2 Hung Ttal 7iss AC 03 10 Isarco Hyd Elec 7s '52 2 Ital Superpow s |63 2 Jugo St M Bk fLima R Peru glas - u 91 4 Manst M&S & Mendoza 1 Montev gs A 0.0 3Mor B Chite 6s 3} ppon_ Elec 6135 14 Ruhr Gas 6'zs A 4 Russ Gov 81,5 21 11 Russ G 6125 19 cis 0 1Santa Fe City 78 45.. 24 Stinnes H 75 ‘36 wa 19 Stinnes H 78 48 wa. x4—Ex-dividend. wi—Whén issued. n—New WwW—Wilh warraats, respectively. | { STATEMENT 8; 1};}? CONDITION American Union Insurance Company of New York On the 31st day of December. mireq under The Blsioier af Coramn amended June 30, 1902 Gapital stock . Capital stock. paid up, in ‘cash ASSETS. jcash in bank Real estate mortgages (first lien) Stocks ~and bonds (market v 1.403,330 00 Premiums uncollected hands of agents 204.389 44 In 21:282 83 ceried Deposits with 150.00 29.51 2.066.348.53 LIABILITIES. npaid claims. .. e as required by la . ‘rents, expenses, asset, Total assets Net Res Commissions, broker Capital stock . All other liabilities: Reserve for undetermined liabilities Estimated _expenses of investt tion and adjustment of losses Total liabiliti ..$1,013,729 Character of business transacted during the year 19238: Fire, Tornado. Automobil Hail. Sprinkler Leakage, Earthquake, Civil Commotion and Explosion. Amount of risk assumed dur- ing the year 1928 $212.536.350.00 sses sustained d Tont 12 v - duclsat Uhecic Ly 30153 Money _recéived " diring ' the year 192§ 268 Expended, duriiig the vear 28 EEH Nt N Ea AR fesident |, Subseribed and sworn to before e h J1SL day of Januars, ipanc CCrOre me this (Seal)) WALTER P. ELMER, Notary Pubic. Riot, STATEMENT QJt THE CONDITION Girard Flre Marine Insurance Co. of Philadelphia, Pa. On the 31st day of Dec: auired under 1ha Blstrice of Cotimania ot amended June 30, 1902, and August 18, 1911, Capital stock PRV Capital stock, paid 100050850 Cash in offics. Cag) in bank Redl estate lien) $35,401 85 697.264.04 162.500.00 4.743.177 50 3.186.55 334915 45 54.000.12 6.160 55 mortgages (frst Stocks and b gl"! 'fef!".bol"d. (mll’l!l 'l]ll!l remiums uncolls (s nands of agents Lot lnmm due lnd a 5 All other assets. in Total assets . Net unpaid_claiane L Reserve as required by Taw rents. expenses, Commissions. ‘broker: | Capital stock . All other liabilitie: Total labilities 023013 2.455.038.02 | 8: Fire, ocean hicles, earthquake, ml.ndm‘nr. transportation, tornad cline, hail, sprinkier | motion and expiosion. regl Amount of risk_assume ing the year 1928 i Losses 183 ained during " the a .. 903.996.8¢ 1928 { i 5 iacie 3,150,858 88 d ‘sworn o ‘before me this h day of Februar Se c&vhov.s BAYER, | s Public. STATEMENT op o "l;gl CONDITION U. S. Branch Scottish Union & National Insurance Compan | of Edinburgh, Scothynd On the 31st day of siired under the Districs n Gots: Cod dciended June 30, 1903, and Augist 18, 131 | Deposit capital Depostt capital, Cash in office Cash In vang Real estate eal estate mortgages (first lien) _89: 0 Stocks and bonds (marke ) Fros,and tans fnarketinlly) o G008 yoJands of agenis. nierest due and ac irance on pa Deposits with underwriters' ciations Total assets , . LIABILITIES. claims erve as required by Stiaries, rents, expenses, .93,922,983.2¢ $418.784.00 4.942:502.83 247.000.00 35.000.00, 200,000.00" expense of investigation and adj. of losses . A Reserve for undetermined Ii- abilities ....... Total Habilities Character of business transacted during the year 1928: Fire, tornado. automobile. hail, sprinkler leakags, riot and eivil com- motion, explosion and earthquake of risk assumed dur- Alee the vear 1638 $1,166.480.608.00 Losses sustained during the T e e 1,820,868.62 oney recel urin, year 1928 4.960,084.31 5.214,079.56 .'H_ VREELAND. (i U. 8 Expended dllr"ll‘ the nlr 1928 Subseribed and sworn fo before me thi Nth day of Pebruary, » W r Notady Pul 18,383.00 L of the Mechanics & Traders Insurance Company Of New Orleans, La. st day of December, W15 feauircd under the Dis: trict of Columbia Code. smended June ‘30, 1903, and Ausust 18, | 1011 i capital stock .........$300.000.00 | Capital stock, paid up. n cosh .. .+ 300.000.00 ASSETS Gash in, bank Real estate Stocks and (market value).... Premiums uncollectec and in hands of agents Interest . $161.706 80 4y 30000 bonds, 3.918.373.10 & 433.912.35 i 27.645.48 from other insurance companies — rein: ance on losses paid Total assets .. 3.261.24 LIABILITIES Net unpaid_claims. 21230014 f Reserve as reauired by 0 o0 4 86,000.00 7,000.00 300.000.00 Ia Salaries fents. " éx- Dpenses, taxes Commissions age. etc. Capital stock Al other Contingent fund . Surplus ' December’ ni\mimr\" Teser 150.400.00 ‘3% 2.004.907.31 Total liabilities, $4.568.297.87 Charact: { b ess _trans- acted during the year 1028: Pire: automobile, earthquake. inland navigation. tornado. windstorm and cyclone, hail, sprinkier leaks age, riot, civil commotion and explosion insuran Amounld 0‘! rlllk - Timed during the mn"-"r "' :fl. 4614,095,215.00 XSer sustained diir- "m: the Sear 1928 ao1.2207 ones teceived dir- s """:'"d’ o mhu 191042743 <pended during the ear 1038 .o 170371934 MAXWELL. Vice President. R. M. ANDERSON, Secretary. Subscribed and sworn to_ before i';;' this 27th day of February, (Seal) J @ CONKLIN. Notary Public. R, SHANNON_;& LUCH S General Insurance 1435 K St. Main 2345