Evening Star Newspaper, March 18, 1929, Page 13

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EURB |.|ST WAVERS . NEW YORK CURB MARKET M ! B S0 S Se i COTTON IS STEADY ‘["‘f‘wQ S Received by Private Wire Direct to The Star Office ; % Erratic Call Rates. IN OPENING SALES A Liberty Bonds Suies in INDUSTRIALS. 25 Ghr o Pa N1l 20| "NEW YORK, March 18—Floods in| NEw YORK, March 18—Last week same from one week's bank statement v new Y Little significance can be attached to | il b B o il PR the relatively slight decline of $20,000.- g A & 1ist of sbocks afid bouds treded moon| 3 Cowimba. Bydd’ BY J. C. ROYLE. 000 in brokers' loans, for the general | Liquidation Causes Declines mi / the New York Curb Market today: K R SR - Speclal Dispatch to The Ster. BY KENNETH 8. VAN STRUM. | level of stock prices remained about the Early Dealings—Trade i oy S 5. 3 & t of floods | i i c F f High M R B Rsustic Proa ..., 3 gl | §jomecks off A et ot the Ohlo, the | Was not far different from any of the to the next. Buying Evident. Treasu Notes ear of Hig oney -Rates F A D Daoini 8 4 14 Leonard oft . Uitewoutl. the Tennessce and the Missis- | past three weeks on the New York| Perhaps the most significant develop- 1ASre Ansco ptd: 1l 83 9 dasaal S 1t O ™ ®hy | cippi have drawn renewed attention to- | Stock Exchange. The market fell dur- | Ment was the geclioe of $USDIMNO0 T 5 0 pesociated press. | E tc. Bond Department Causes Traders to Sell B Ao, Tputes: it ioung Brod i 19w 104 3831 |day to Government measures for flood |0 ine early part of the week, became | companied by the increase of .$54.000.-| NEW YORK, March 18—Cotton | : 3 |5 | : a L ; TAR"R For fow wai. BNew Rier KiieCrand _j | e e e G th: | quiet, then rose sharply foward the | 000 by out-of-town banks and §39,000,- |opened barely steady today at a de-| Heavily. 1Amer Beverage ..l 13 aNY Pete Roy ia 23 | Bt it is a question whether the work | close. At this point the high level was 000 by “oth cline of 12 to 21 points under liquida- | 13 Am Gty Pow & 1t A 0 i A i R 3 B ogtosend 1o & stage where de- | reached beyond which the market has| Last week's banking operations wers |tion and rather active sciling, promoted | $4m Gy bov kT4 B ; panicnee Of 1 B T | e et - ta’ Ducitess, o say | been unable to advance since last No- | abnormal, due to the accumulation of |by relatively easy. cables and reports of | y b Very heavy selling was en- |funds in New York in preparation for | better weather in the South. - - S 3Am C w P B.. i Ply; th Oil . v 1 v BY HARRY H. BECKER. 3Am Gom B optl war 2 1 Reller-Foster Ol A 1H nothing of loss of life and property, can | vember. the Treasury offering,-and the call rate | Houses with Wall Street connections dropred to 6 per cent, the lowest in | were among sellers on the decline, which Epecial Dispatch to The Star. | 104m Crsoamid B.... e 8 1 Eich O Cal of w | b2 avoided if the wnlcrqh ronntlnlue m::g\'xpt;:;gdr::d the market made no fur- 4 Amer D s a R W i i R v 30, when the fiscal year 'S8. et 2. v 1 NEW YORK, March 18—Nervousness | 5 Amer Gos & El 5. 1 : 3 il TR 1Y ;::Tgs. lzamdeun&.“%n';o;nwm yardg of| ‘Those groups which have led the several weeks. The ‘negtmgcy n(nflnam: ;-gtsnd»d & 20 ng for May and 281:: f;[r‘ The Washington Loan and S e e Tl F e wil Live. botn compieted, | market I recent weeks continued in |ing the volume of stock operation: | the new Oclober contract. or sbout held speculative operations for the rise 4 Amer Nat Gas . 4 Omse O 2% 1 " | About 20 miles of revetments will be | the lead this week, and most coppers. | whic c greatly 2 to 25 po g ed ?w: uring he cnrxv Trust Complny within moderate proportions on the; 13 Amer Bl My ! e o e % | placed this year. Much of this work is | steels, utilities, tires, amusements and | trading. The decline met considerable ! 2 Amer Sol & Chem 2 oil n 3 | o Ve Curb Exchange today, and at the same | i | radio, and motors showed moderate | trade buying and covering, however, and o | 3 Amer Stores . - | being done by special machines which | radio, s | m g | 4 Sales | ANDARD OIL ISSUES AND FOR- | being | . 7y " :"jlI‘L‘;“;:""'d“n{""“;‘“f:':?‘:‘flfi,’;fl““l‘}h "}{\ T o L T g unite. ™ o | handle an amount of dirt it would take | gains over the previous week’s close. i | e e tvee\ | 7 a8 AYk v <O 5% 8 1o Am Ol ...... an army of men to move by hand. | Prices on the curb and many of t made the list appear extremely irregu-| 29Aret Radio_ Tub wi 25 : esbo'eh Mg (00l 15 | “The revetment work, however, is only | local stock exchanges where tires and | | rallies of a few points from the lowest larsaml at times rather weak ! MAsCas B ELA 14800 Contl Ot CREL T bart of the protection program. The | oils are featured showed moderate gains | Private cables rrw'vflr‘d London, c'-‘q- 620 17th Street ome stocks were strong almost from | $A350 A% Pamer A 501 P L 2™ a1 81 [evees have not been abandoned, but | for the week. The New York Stock Ex- | | tinental and Bombay liquidation in Liv- ;}"’ outset. but the majority scemed 1 TAU Pruit & Bug..... S0 1mp O Oan o..iuo 931 | supplemental devices, the principal of | change, however, is practically the only A e 3 AVinton 8o o™ AN 100 Gt gt Mt - B 8™ &' which is spillways, will aid in controll- | place whose stocks are now as high as curs | erpool, influenced by prospects for bet- Half a dozen or so industrials stood | $AvIation Co af 100 Bend Stex ugt 1020 8 8 85 11" (he waters. By the time the pro- |they were during the first of March. | ter weather in the South. They also 2 Aviation Credit |said_the turnover in cotton cloth was out for their strength and went to viat! Cort 1 3100 South Penn O 1 r | smaller as result of a disinclination 1\ new high record I!;!'mr.& Siaatne <t | K} EA"‘"“"N%“'”U i 300 Southern P L. 8 | gram fs completed in 1938 it will form | The Oils. ! T J 7 one © s s to | [ DETROIT! | pay current prices. Brokers with Liver- R S L g 2 TS 8 R L B and il cost | The ofl stocks were the most mpor- DI pirssmH | | posl connections were among the early f ol \‘\P\f | o has been achieving new pe almost TRlaw Knox n ...... 43 .43 18005 O Ky n ......00.0 41% 4] ks a3 tant features of the security markets daily for over a week, surged upward | 2BIS BW oo 300 @' G4t ) 3808 QR dhe i at least $325.000000. This 18 the sum | (il "the past week. ‘After weeks of | | s il almost 4 points to the best figure in| Bl Corp B.....ll1 0% 1400 Vacuum O 11111103 e exbenditure will reach $500000. | constantly increasing crude ofl produc- | o | | "™ PHILADELPHIA 0il Producti history on the expected announce- 6 Brillo Mfg 2 2 il P : tlon, the industry received the first in- |\ .o/ eomarono- BALTIMORE il Production CLEVELAND | sellers here. Drops. ] = N E P bl 26 | Sales in BONDS Since the flood control bill was pass- | \/G | expansion. Special buying | pur N & & P opid 82 8314 83 | thousanas | 3 o dications of a possible change for the A BOSTON NEW YORK, March 18 (#)—Call- | d in Brillo, Budd Manu- | 20) Bunma Cors -l01111 4% 1% 13 Abitib] PAT, 55 A 53 g3% 51, {ed by Congress,.nearly a year has PG RS T e e of the Standard | forilne . deily: ‘s veraget prodiction of | Haygart, Goidmann Sachs, | 3 Butler, Bros ... S Ba AR RRY (it ab3 4 |clapsed and substantial progress has | %y di0na broxy battle apparently did ST. LouIs crude oil decreased 4.500 barrels last | Consolidated Copper, Anaconda rights | 35 San, Marc - 5 Alim_ Lid 5s 48 971, 97 been made. ..l much to improve public fecling toward | CHICAGO oy 4 revious Wweek and Newmont Mining, while among the | ] Garman & € A .. 3 1 RAm Sow & LB 3008 * gz The work ha been put under the di- | " gictry. Directly after that de-| | ey otine newer favorites Willow Cafeterla was| 2 Caterpil Tra AT 03, 1030+ | rection of the Mississippl R\fl'| oM | eision came President Hoovers_ state- | CINCINNATI 3, 3 exceptionally well taken in appreciation Bl A rataagl 1 4 136 mission. ‘The plants and_organization | FENR FERG PECnaTe Pt Govern- | = SC* Sta Fl conv " b4 of the 76 per cent gain in profits re- 23 Ohe, b M. 41z B 35 (38 ww 5'2 [of this commission had been put on a| SAN FRANCISCO| Ported for 1926, Tho yenrs met was | 1 Childs Co gl H $10,000000 & year basis, but the law ment ofl resources, | 3 B o s & 1 Vi The following day, weekly crude ofl ‘ ‘ . equal to $3.95 a sk the stock. 5 0ity Badio Storss. ... 1 raised this to $24,000,000. It is belleved | 5 JAN | FEB AR STATEMENT OF THE CONDITION Jiviement ithis “year s Andioateatis | o) ConnaiL E . 3 {hat for the next fiscal year $30,000,000 ! produetion gfiuh":“;;.’{’“&.d c:mg:a‘,‘é‘: 2 B OF THE the acquisition of new units, 5 Gons Auto Mer Vie ! I¢ . : will be available. For the present fiscal | Which: SIROMER STELE (0 cOPRIECh | Consolidated Laundries was steadied | 12 GonS, AL Mer P1d-- 33 b San 8 B 57 vear about $9.000000 will be used in | ¥ith the sieRty Wcreadts of Fectldlelose of last week. and the possible Bankers National Life by a trade survey showing it is the| 5 Consel G Bali il 9iv 84 0 ] o 4lgs 8 D4 vsth it | flacing matertal in the levees, $11.000, | WEeKS, | : I | withdrawal of banking funds from New . Jargest system of its kind 1 the world, | Gomsol Jnstra. 111 : i o 180 200 for revetments, $1,000,000 for dredg- | Prices rose toward the week end. e e ixored ne| Imsurance Company of ¥ 1d, L ; L8 Despite the slight_decline, produc- New:Jétsey doing an anuy isiness of belween 3 aters. s 21 ing operations below Cairo and the re- tion is Still over the 2,600,000 barrels a Treasury offering have caused many to | Jl-r“)\' Cit s o * : $CU ser 5 {cennections with the New Madrid, Boeuf, - week. On the 31st day of December, 1928, as $9,000.000 and $10,000,000. Other sirong | o nond Fib Wi : s v Gas By F | mainder in engineering operations in | anticipate a higher call rate early this | features included Sparks Withington. | 1 e 1 3 ¢ b | . Marconi International, Zenith Radio| 3 D’ Dros Al ctfs. 5214 Jomw Ed 4i:s D © 90u i gone Carre and Atchafalaya spiliways. | “Since “others” have become such an| reauired under the District of Co- and Kobacker. | B Red 0l g . ¥ o In Mississippl, the work of enlarg- s important factor in the money markot| lumbia Code. amended June 30, 1902, He “robbed Peter Aviation 'issues lacked their former RN e O i i © ing the Yazoo levees to new grades is | i and the action of the bahks more or - aadise ” buoyancy and the motors, with a few ex- : !in progress in the upper Yazoo distret. less indeterminate, due to the reluct- | Capital stock ... 2025 to pay Paul ceptions, were still unresponsive to fa- ‘D"""‘d‘“,\':‘ BELY | 0%, 80 Tntl 6'ss '52.... 9 | In all, 23 contracts for work have been ! ance of the reserve banks to bring abont In casl - 202.570.00 vorable production news, Ford of Can- | 99E! Bond & &h....... 0 5 Pt o : 802 |let, In Louisiana this year's work in- the sharp liquidation threatened in i « ada came down sharply after its wild 1EI P& L2 pld A 2 Empire OSR 5/34 43 cludes levee work on the Atchafalaya, | L February, the future of the call rate is| . . . ASSETS. ki edvance of Saturday. It broke to 1,040 Ll EeTF LI 3 Fabric Finish 6s ‘30 A 99's the south bank of the Red River and impossible to determine. Call rates will o 8 L S - 1 T Not many years age, sm wit- e Mok o Forest Cot Mil 53 4§ 914 | the west bank of the Mississippl. probably continue to fluctuate widely | Heal estats. morigazes in the forenoon against the provious| Eveny Wi deed o 24 & closing of 1,105 and the record high of 3 Falrehid Aviation ‘A 281s TR e S In general this year's work has been 7 and at the least provocation rise to a | o (first llen) ..ol 80.800.00 standing citizen of Tenmessee Fl: 1,150. Firestone featured the accessory Fandango Corp A 810 13 ey 11 Fla P&L 55 54....". 90 ' 89 largely devoted to strengthening the | new high point. ket valne) ... 251.160.07 built up an extensive mortgage stocks in new high ground. Belief that| 4 pist stk deb ris. . 12% 1§ Oatineau Poy 51 410 8410 | substandard levees and setting back or The general level of stocke closed the | Premims”’ “iinéoieciet ', o bustness. Other and wnswe General Electric. of England will re-| 3 Fire AsnFhialil1l Sisl 410 81 3 Gen o et ok 37 looping _those threatened by caving| |Mon| Tue |Wed Thu week close to the high point, bevond | AnG.\"IAEPhitte: 3D cessful business ventures re- vise its ruling and permit American 4]; ;g&gn;m ’;m. '58% 3615 36%4 ga Ind Oil&GAs Gs '39.. banks. Some of the work comes under which it Has been unable to advance All_other assets sulted in his “robbing Peterto capital to subscribe accounted for a| 214 Ford Mot Co Can 11070, 1088, oy o i E o t the head of emergency rather than per- for four months. As soon as the point Collatersl loans i Panl” A #pirited rally in the stock. 117 Pord Mat Lig ... 1oa o 5Inv Cor Am 55 A ‘47 manent operations. day which experts say must be the|WaS approached, a heavy selling wave Totals asscts. .. $480.073.4 Loy b s morigagers f‘wol-"" Brandes cotninued heavy, de- § Fox Theaters A...... 3 D R limit of production if the mdumyr is | took Dhcfhflnd l:he m‘;fll‘" T;fleh“"w ke paid off their mortgages, he “pite a statement showing the company 1Frank H H Mfg Co. 36% ¥ et < il ot S i P Y progress thereafter. nless the heavy b Tiow has 2,500 dealers snd 13 service| 20 Frenman Chas Cool &% & n) | JLAN G g R 008, 108 30t 1040 SILVER QUOTATIONS. e o chor ot there, | volume of selling orders just above this | Netnpsid claimel. o #5800 | f:"m":'h‘v";;" the precosds stations in the British Isies. Utllities § Gen ize 12 83 oL s 3 3 NEW YORK. March 18 (#)—Bar|fore seem to be not due to a return to | level is absorbed the market can hard- S e e, xS 54,833.00 " fluctuated in a much narrower range,| 19 Gen Eiec Ltd it o 8t T Mass Gas 81t 45, .. 1021 9937 | silver, 5615, Mexican dollars, 42, |normal, but the result of an oversold | Iy be expected to enter into a broad ad- | Ssfaries. rents 678215 Eventnally, when the erash while oils, although generally higher, Real & Util Gor 21% 21 1McCord Rad 6s '43, . J R condition in the group, brought to a |vance. Commissions. brokerage, i AP g G were less active. Indiana Standard Real & uCor pd 83 23 83 Mtk CP 4l D head by favorable indications which (Grdadbh i elc. . 3.166.25 came, it was formd that he had ! £ £ 55 A 46 Ena: o = sh div & s strong, however. and Vacuum frm- | 48l St g & JuLLE S E R B e S s e e GERMAN BONDS AND STOCKS. | cisfal Bt o s i Sl o (e €S 2 Goldman Sacha ‘n " 1311s 19 11 Na Strauss Inc 6s '38126 ° 125 ° 125 (Reported by J. & W. Seligman & Co) Advice to Buy Bonds. N B . | gapltal steck il anagin . 276 o i 2Nat P & d. | “pect 5 Title insurance would have Unifed Gas was helped by announce- | '3 Gounont ‘G Tt scis 8411 88 ° ANaE Bub & & 0T 55 | Allis-Chalmers Co. 55 1937, E ", | Secretary Mellon last week issued a | “Pécial Dispatch to The Sta Surplas .. el b 4 ment of a plan by a subsidi € Grenite City Stl . 1Nat Trade J 6s '33. .. 9 Aliminum Co. Amer. 5s 1952.. 101% statement pointing out to investors the | NEW YORK, March 18- . T saso0naen saved his investors litigation & G5omie fulvay oulie trom fi 230 g e & Mol gt g i1 | At M G T T it T | BRI o aible T the | e cunt e Ty i arew N AN [ oL M SR gy, of sulphur properties to the gulf i Hart Parr. .. 8 2NY & T In 5ias A 'dé 901y | Balto. & Ohio 4'zs 1933... 967 bond market. Coming as it did im-| “ctfs att per 100 R M. (U R R By port of Corpus Christi. This line, it is 41 Haygart . Cof 731 1 Nr States PM 6'25 "33 101% 1013 2% | Batavian Pet. Corp. 4'as 1942, 8t mediately before the Treasury offering, | Ger Govt Red Loan without At or Tk samimec C . l Tit] & apitol e ed materially after initial heaviness.| 1 Gulf Oil of Pennsylvania was strong. o i 5 Osgood Co 88 ; dn ‘541955, O 1 o I . o Sxpected, will connect with efther the zéé’(fi{i“hfi‘x‘""“‘t"{w \ B 1 G i By iai gnea iltornin Chet Corp, as 103 1, | this statement was undoubtedly calcu- | 9gb C4fs, et L00D R M. . 3600 4000 oring the venr 107 €15,082.544.33 -Mexico, the Missouri Pacific or 2 g Pac Inv 5s A 48 ... h the Southern Pacific. 1Horn A C il 1Penn O E 6s A '50 Ww 99 : Canadian Ner. Rwy. 4155 1930 thus facilitate the Treasury financing. | (Quoted in’doll ihi X 1Penn P&L 55 B 52 4 | Chesa. & Ohio Rwy. 473 1930 Ger Gen Elect 4% 5 A HqncnsBinpuce ok o Blu B 5Peo Lt &P 55 * 5 93 * | Ghicagn Rock Island 4z’ 103 9 "The Secretary at the same time pref- | GemGs? daeck 402", Pre-nty “:,du"sflcm Y %o “;m:: g:‘mr;r:',‘x 2,5 10815 P r(}‘hlieh(,‘ogner\ Cn.csx {u': S 51 | aced his statement with the remark |Beriin 4s pre-war. 5 rfume 3 128 % 2 Cudahy _Packing Co. 5lps 1937, that some stocks were too high. This 3 Inte: Ut . 5Qu B G&E 5'us 58.. ‘s 1. 41,8 1930 4 lulrsupeyp?lr ' i 1 Rem Arms 5125 30 .. u 98Y, Gene ';usz. ';&353.“3'.3.». 5 103 announcement followed an earlier state- | North (lerman Lioyd 4'as. .. Ttal Superp deb rts:: 5 Richd. Ol Sias 31 100 General Pet. Corp. 58 1840.... ment to the effect that the Treasury Krupp S 1831. .. 4 355 it 4 48 : o eunk Crvacy 88 i G * | would mot interfere with the Federal | REAUEON (P3¢ R el o' Do " 65 e e % g 2 1 lgs 19 . S toes, bushel, 1.5083.00; potatoes, 1Southw G&E 55 A '57 93 O o b ion 1087 Lo 8 These developments lead us to as-|Commers and Private Bank..: 1, '1.50a3.50; bushel, 1.25a175: § Staley M1 ... 981 9B Shell Union Oif Co. 5 i4i. 93 sume that although the Treasury De- |L G. Farben.. . ms, barrel, 3.0084.50; beeis, crate. 2.75 | | ARG i +: J i y 58100000 850 100 | Smnern Bac. B R Co. 45 1038 | partment 15 not altogether confident | Beifier Mandeis 23.00; beans, bushel, 1.75a3.75; cabbage, 3 Leh Coal & Na 1 Standard Oil N. ey Ss 1946 that the reserve banks will succeed in |Dresdner Bank hamper, 75a1.50; carrots, bushel, 1.50a [ 27 Marcon! Intl Mar St L., Ir Mt & So. Rv. 43 1928 their withdrawal plan, it is aware that | Deutsche Bank 2 t TN 1.75; celery, crate, 1.75a2.75; caulifiower, | 13 M Wire Lond B/, e | the futures of many stocks, particular- | Reyqes chem o crate, 2.00a2.50; eggplant, crate, 3.00a 3 Mavis_Bottling . Union OIl Co. of Calif, §s 1635, ly those selling “too high,” is some- | Mercur Bank Vier 4.00; kale, barrel, 75a1.25; lettuce, ham- § Jormohis Ga. U}"?f"d Drie &b, 35 1"-"5 by 88 | What uncertaln, The Treasury De- R S L R per, 75a2.00. 3 Minne Hon Reg Bub 810e 39,007 ¢ B DB T ment. evidently is fully aware that' Rudoiph Karstadt Onions, 100 pounds, 3.5005.00; oyster | 37 Missouri Kans B : sz-[;u;rl!vg;ys 03% 1 b/ L) e b,‘,;‘;":,m‘jf oy ‘:;: ;gfig:k Hud Pow 1l b | 17 Wheel 58U S B Ben J % 560" Acuhab. tehls e Sales FOREIGN BONDS. pers, crate, 1.50a3.50; squash, crate, 1.50 Jl‘l{‘?&’l:lp‘:{“ Forg A. ’n . 8 |in thousands. i STATEMENT 8’ THE CONDITION [ sTA OF THE CONDITION A350; spinach, bushel, 75a1.00; toma- 1 Namcipal erd: & % Bank Prussia s '30.. 97% O e 4 : toes, crate, 1.00a4.50: turnips, basket, 50 3 Ni 9 Berlin C E 6lus ‘59 93% 8 Bt PR % 2 Re: SDples, hushel-J5a3.00; Sratibesties. :g');:'é"fix..séf,;“ ggxgn&rex,gg"g;: 1% Fire Association of Globe Indemnity Co. of New half barrel, 7.00a8.00; grapefruit, box,| 3Nat Bak...o.oooo 3, 3 1 Burmels " &W, 68 40 1081 or Philadelphia 2 York—Administration Of- 3.00a3.25; tangerines, half box, 1.25a N: t 11 e 2 Cauca_Valley 7s '48. . 390: oranges, gm"' 2.0083.50; straw- 5":{‘?::“5’?!;:‘. e 388 By B 8l i B On the 31st day of December. 1038, as o“fi':?;ll’:wark, N. J. berries, quart, 20a45. Nt ey 1 Frankfort 6138 '53... 93" 93 ulted Jinder ihe District of Columbis st day of December, 1928, as Dairy Market. Nat Th G M 4 required under the District of Columbia e e e 2% 12 13 10 Gelsen Min ©s 34, . Code. amended June 30, 1902, and August e 1C Code. amended b A T Poultry—Au‘ turkeys, 35a4: ’i N‘“h 5:;':*"‘:%" % § Herbore £ 8he s 8 EVE )28 u’ (¢4 )’lC e) BT T o I ve, young turkeys, aubelm 45 38, . Ci Capital stock. Gapital stock.. $2,500,000.00 3 JI old, 25a38; young chickens, 38a4 MNT Tovestment: o TN SRR % s Capital stock . .45,500,000.00 o #mall and poor, 25a38: A 3 s s Mend Tias 51 Capital stocl . in ol B phorns. "s0aid. caponc. 3oa4: oid| ' Nuks e Feaii: b Sparana s 88 s . ™ 5.800,000.00 1437 K Street N.W. Washington, D. C. casn 2.500,000.00 Sug 7s "47 ww . Toosters, 18a20; ducks, 20a32; guinea Ve e L 1 BT e fanos A 53 8 ks fowls. each, 50a1.00; pigeons, pair,| 33 Noru Eastern Pow.. d 0 & B Ot R B T @ Main 3830 g s 35240, 2Nor Sta P A... 154% 154% s 19 ofs n Cash in office. . 5100808 1508934 +* Dressed—Turke: § Northwest Enkre. 375 431 43% s ) Cash in_banl 214883028 ey antsl b = ys, young, pound, 35a 21, 21 2% 58 4 80 Real estate . 1,181,589 ) 73 x ; ¢ : ; 3¢ 16'i| 13 Stinnes H T ‘36 Wa : Real ‘estate ‘mortgages (Arst ool St oetaed, "z‘if."a‘s‘*"d%fi,‘?’ Joad i_s“ @il 20 ?ls%‘or s A ww 8 s0rs m’,?.‘.‘..‘ i resariep DOORITS 27,010,670.00 3 y 'y . a Yal " 8 AN ©old roosters, 20; ducks, 25a30. 1 arem Toan setes Pt 550 §08 94| xg—Ex-dividend, yeliie) e 18520781401 iands of agents. set 3 1 i 5 % | wi_When issued. Premiums uncoliected and in All ot Eggs—Receipts, 1,141 cases; duck 1Parke Davis Co hands of agents e eggs, 38240, ° 15 3°C Penney & Co. » ew. . y BitieroGood to fancy reamery.| TR S, B AL g Won waris. it G ; . ||[ET us solve your insurance problems. The pound, 46a51; prints, 50a62; Iadies, 3¢ ,1; Protol Corp 1 pd: 35, 338 G Total assets store cked, a31; rolls, 30a32; Dod 3 dairy printl.)sn, 30a32; process butter, “) %fi‘:’ e '§ . stk WHEAT PR'GES SA X WARDMAN INSURANCE AGENCY is || s Candian Nat. Rwy. 4'os 1930.. lated to benefit the bond market and | Hamburg 4'us 19 2000 38.00| [Lowes sustaingd during o, Money recetved *during G : c PR R AT e uaranty ompany 1425 Eye Street N.W. _Assistant Secretary. Subseribed and sworn to before me Year 102 this 28th day of Fehruare. 1029, Ew YORK (geal) “ ESAROLF. New Y ‘Notar Public. TITLE AND MORTGAGR My commission exoires December 18, 1930, Joseph F. Randall COLORADO BUILDING. WASHINGTON. D. C. Franklin 3852, H 3 2 S - 5 4 Baltimore Markets J. M. WEBB, ) S 5285 Epecial Dispatch to The Star. BALTIMORE, Md., March 18.—Po- tatoes, white, 100 pounds, 75a1.25; new H = imberly Clark . obacker Sto: 3ot B uos: & 2o 388 PrE BASSBEEE e s25% sassnags=s 3322233332332 3222332338 SR535838.53 3338333333253 T, o 41242, Philippe (Louis) 2 ‘28 Hay and Grain Prices. ek Ber & o ptd : :: i DING : - 11075.605.82 Gommissions 3 Wheat—No, 2 red Winter, garlicky,| 1 piiney. Bowes B i 6% 16% e wLwIm SE,5500 Habatidas cp(ét. 133 March delivery, 1.33'%. f;{,‘,‘,‘ é':.’—p‘c?:{‘a n. 2 262 orn—No. 2 export, March delivery, » £ Do quotations; No. 2-yellow, domestic, = 3 4, 4, 1 |Favorable Weather Reports Cause Spot, 1.10a1.11; cob corn, 5.2585.50. 64.563.73 Prev recognized as one of the foremost Insurance Totat Tbiis D N Al other liabii 5320008 48 g enangracter of business transacted durt . Oats—No. 2 white, domestic. spot, 59; ! ownturn as Selling Surplus .... Driiezean 103 wecldent. nealth. sut Capital stocl 16 Repett] Oas Jurety, Elass, burglary. check alteration B Yhi el o, UL T G o ; Move Starts. moat s ... wowaos || Agencies of Washington and maintains a staff of || ZTomy pronerty dama: Hay—Receipis, none. While hay is| ,,3Roch Cent Power. > Amount of risk msmed oo T ¥ griving here in limited quantities only, 23 Bont Aty Gv o e e e oaser. ash ined e "’u: ;:! g SIeMEsn1e s more than ample for the demand,| 18t Resis Paper p: 14 4 [By the Associated Press. 008,656 g d bl d e d ) 24.158,047.87 which is being supplied mostly by truck | FSEIMIE Fote, o s CHICAGO, March 18—Favorable | J| Moniy fisgived * aonsseon f| t orough y trained, capable and conservative underwrit- i from nearby points, a few carloads be- 8 Selected Indust Inc.. weather conditions in domestic wheat Expended durlng the year o ‘A DUNCAN REID, ;’r:g“r(;)c;l\"e:é ';fhkl‘(l’ é:]. nhut e?ough hl:s}:- ‘; g::'evcxrllnvfll( Inc pld... X (e":ui:'v Snulth\\if‘s(,‘ wgl‘l[h’grdwl([h low?r 1928 .. 12,333,330, P e Presidenit. SS pas establish prices on the ~ ' o uotations af ver, ed to ear] V. L i President. S o . . » 05 , Narious kinds on merit at & range of 312 8, 52 | Gownturns today in wheat valucs here, A, 18 ety o0 Presiden familiar with all phases of the insurance business Subscribed_and _Sworn 1o before me 150021650 per ton of timothy or clover | 1 Southeast P & ¥ Liverpool price setbacks were ascribed Subscribed and sworn io before me this ers, P o this 3600 day of January. 1928 V. 1 South 26th day of Fehruary. 1929 . hay. i o ey i to an increase of wheat stocks at that (Seal) ° EDWARD G. GR! Nofary Public. State of New Jerars My IPFITH. Straw—No. 1 wheat, 11.00a12.00 per 4 South Ashestos..... port. Opening i to 5 off, Chicago Notary Publie. commission expires Feb. 8, 1931. fon: No. 1 cat, 12.00a13.00 per .ton. 2 Southw Strs i 220 23 wheat later continied to decline.” Corn My comimission expirés Pevrusty 17, 1933. Live Stock Market. 10 Sparks. With! ... 183 eveloped pronounced weakness, start- STATEMENT OF THE Cattle—Receipts, 600 head: fair sup-| 255 d Mot <. 3% |ing at % to 3 down, and subsequently STATEMENT OF THE CONDITION SF THE CONDITION ply, market steady: steers, choice, 12, 193 ] Breiret 0 undergoing a sharp further drop. Oats STATEMENT OF THE CONDITION STATEMENT OF THE CONDITION STATEMENT OF THE CONDITION United States Branch of the a13.25; good, 11.50a12.25; medium, 10.50 1 Sterling Sec pfd wilot were easy. Provisions, likewise, tended Liverpool & London & Globe QF THE ity . s OF THE Roval 1. . 11 : 3 4 steln Cosmeddes 100 to sag. Fidelity-Phenix Fire Insur- 01d Dominion Fire Insurance oval Insurance Co., Ltd., al125; common, 8.00a9.75; heifers, 1 Taggert Cory ance Co., Ltd,, of Liv- . ine In- % Chofce, 1050a11.00; good, 9.75a10.25:| 13 Thombs Brod A.. §his & gsss| Declines in wheat prices today that Insurance Co, Ltd, of Liv- | Home Fire and Marine Ir ‘aitea: Cos of Nows Yook of Liverpool, England. i, D00S0 50; S 7588.75, 1 Thomps Starreit pd. 4 were associated with prevailing auspi- erpool, England. surance Co. of California, . PRt sy o redium, 50; ‘common, 7.7588.15; | 4 Fhomps Starret e 83 . 3 0. e, Va. ay of December, 1928, as bulls, good to choice, 9.75a10.25; fair Timken Det Axle 2 26% 2 clous weather conditions for the domes- & Calit. On the 31st day of December, 1928. reauired under the District of Columbis ? 5 S e el o 3 2 | tic crop Southwest and with lower Liv- On the 31st day of December. 1028. as San Francisco, Calif. Fequired under the District of Columb Code_amended June 30, 1902, and August to good, 8:5029.50; common to medium, | 1Trans Am o111l g0 139 1393 | He CrOp Southwes . feanired under he DIstrict of Columbia Code, amended June 30, 1903, and August | On the 3ist day of December, 1926, as | 18. 1911 7.0038.0 oot tonehnices MO |/ yur TEsL SIE, Sewp . S3T0a (374 S2Ys | FrpO0] quORALiGNA caie dn the face of Code. amended June 30, 1902, and August | on the 3ist day of December. 1938 a1 | I, 1311 required under the District of Columbia | pe $:80; fair to good, 6.7587.75; common’| L 5 ass Az DL 2”3 distinctly unfavorable crop reports from 1. Jer Teauired ‘under' the District of'Columbla i Tenilrea uader it Diutrict of CUleMRI] Depont eavitat:.. $400,000.00 10_medium, 4.0085.75. &1 Cont Corp il 11 10324 108 Chicago experts traveling in Kansas Code, amended June 30, 1902, and Aus toc! +$10,000,000.00 . amended June 30, 1902, Sheep and lambs—Recelpts, 850 head: | 4} Tob Raieglinss Lid: 247 aits 24%a One of these experts telegraphed from Deposit capital +..-$400,000.00 | 18, 1911 ™ 10.000.000.00 | & 1911 Gash tn office. 01 noderate supply, market higher; sheep, S Tune Soi L A 3% %% |Hutchinson, Kans, that on a trip Gash in bank 8.00a8.50; lambs, 9.00a18.25. 1union N G Cau', 30, 40 |through parts of Sedgwick, Sumner, Capital stock ;1/000,000.00 .| Capital stock ................31,000,00000 { Real estate mortgages (Arst Hogs—Receipts, 3.700 head; falr sup-| 1§ VBl Alrerate & i #41s 8, |Harper, Kingman and Reno Counties he Gash In ofmce. 4 S RRHS N £ CRpUN yasack, " 1,000.000.00 33.433.99" | Capital stock,paid’"up, 'in shlem eaipr ply, market spotty; lights, 12.45; heavles, 2 Uni Carbon vic 2 §1'% %1'* | found ,wheat conditions very poer to S A oank ket vaiash:. 10%.816.00 5 HH cash .. . 1,000,000.00 | Stocks (mariet 1 12.25a12 60; medium, 12.75; roughs, 7.50 7Uni Chem pr . 58% fair, and that considerable wheat prom- Real estate mortgages (first ... @1075; light pigs, 10.25: pigs, 1165:| 3 Unl EI'S ve 312 .3, o3, |ises'to be abandoned, especially in Sum- ). : o 107220637 . ctooo0 | SOy "aiid bunds avicey | 899090 ey Premiiies incoticied 464 in Western hogs, 10 to 20 higher than| %Uni G 5 % 3331 {ner County. As a whole, the district re- : * 1254891250 | Cash in ofce P - B o 0630038050 | coon 1n wank 3 stanenas | Iiandr of smente’ i 330030000 guotation: $ Uni ferred to averages in condition now Bills receivable. Siiiens | BAITGME) § Qagh Aoy banke. s Bills receivable. oo 870.146.00 § QAR U1 DK ves (Hirat % acerned .. . 2290,992.26 Calves—Receipts, 600 head: fair sup-| 1 U5 a-tpc Becisi‘nid 331° ! between 50 and 60 per cent. Premiiims uneoltected and 1o | RG0S * 1660000 | Premiums uncolicct ply, market steady; calves, 5.00a17.50; 3 "196, D0 extras. i hands of agents. ket 3 ¥ MY siovtiacass.via 994,791.65 M"nfl?':o,;;‘:}.:,, r'a"x;rge,m. i T 13| Friends of higher prices for wheat poiands ot Meenis i PIUGAINAL | stocks”'and"bonds (WArKel o) sy gy | rnlerest due'and sccr Stocks wid " bonds*(market o, other companier for reins. 0 oe H -o-o Ella 61 ella | contended today that accumulation of Relnsurance recoverable on ..o oo | premiums uncollecied and in i iR TI8e5.0%0.75 | Premiums uncoliected and 'in Deposits | with associatioris e 5 Universal Aviation:: 22 * 31 ;' (supplies in North America had its ef- Deposit o A arine i R SR e Gy hancs of asents 250008 | - STiga0 Ohlo tex devoslts aesnne STEEL MILLS ACTIVE. -‘: - ‘;;‘"‘&,M"“ pmxm:‘ ’5"". 100 |fect on values months ago, and that ‘Insurance Syndicate....... 450.00 K]x{—;:;:"m‘x:':&a : 7 [ e lA‘H'é"#pr"l‘fn‘efd a 12/535.00 i . . 3 Walgreen b there could be no reasonable expecta- STTeNTE Seusioiis | Net unpaid claims. . 3240435490 | “‘Market value of bonds over Total assets. .....$25,280,138.68 NEW YORK March 18 (4. Steel 2 Wayne Pump. . W 24' 24y, |tion of materially lower prices until Total assets. -$19,440.768. Total assets ceee 3043707, Reserve as required by law. 22.726,704.31 hook value ... T 4.000.00 nills in the Youngstown district are I niaes Qer ... 1 iz . 28% 28 Westvaco Ghlor 3 113is 11215 | there was definite evidence that 1929 RS Salaries. | rents, ~expens Real estate mortgages (sec- 00 | Net unpaid cliins S st ! operating at 96 per cent of capacity,| 24 Wil Low Caf evidence which cannot be available for Net unpaid claims. ... £1.538.470.64 ond len) ... . Reserve as reauired b Taw’ . 13,525 HEH with 49 or 51 open hearths in the dis-| 3 Wire Wheel Coip... 2335 323 78,0885 Total assets 465,644, Slaries, rents. expenses, trict smelting. Steel pipe operations,| 4 ¥eio% Tax .- HH TH] three or four months vet, if at all. It Eeterve s required 57 Ik 1103338361 | Net unpald Slakmay 1y g 270800342 | capital st 900i0es.00 Gommistions. hrokérage: ot 5018 vev: e ed &t ” Balarles, rents, All other liabilities: however, are placed at only 50 per was further asserted that there was at taxes. ete 607.463.16 | Salarie: Tents, expenses, "Z'“"‘ n’:l:t’l?ln:zl: S % LIABILITIES. fund ... s 46,666.40 Sales in MINING STOCKS. v spet i i 56.900.00 | 't ete..... o aid” A gent, Salesin, present a heavy speculative short in- Commissions. rage, eic. ) axes, etc.... Reins. on" pijd and” inpaid indreds. i 3 ; i 60.378.86 | C lons, brokerage, ete.. Reserve for contingencie: 1.000.000.00 | Net . tr0m0m2 Ee 3 1 506 Aniconda Copper ris. 3% 32% terest in the market, whereas the op- ||| Adjusting expenses ___ 8031886 | commidslons. br 19 Flerve for market Auctids e e 55w . 11194030 | losses due from unauthor- R o or Cah e 10 Ariz Gilobe C.. b3 22" .22 |posing side.was principally made up of ‘Total labllities. $13,786,495.27 | Al other liabiiities St tions in securities. 4.500.000.00 | Capital stoek ................ 1.000.000.00 ¢ i ecord Price for Cur at. 1 Bunker Hill i3 1% substantial domestic and forelgn 8,404.082.00 — | All other liabilities Total liabilities, {xia : 3 Com Tun & Drwin 5. 14 1% iri e —_— Total labilities. 36,404, Total liabilities. $43.336.94181 | * Reserve for reinsurance. 6.007.27 Surplus s B S e Vot Curp | 1 G Hacae s i e Character of business transacted during : Character of business transacted during |~ Pt SORNN i cord price for a New York Curb Ex el R the year 1028: Fire, tornado. lightnina. o ;: B T Total.. 2 25.289.138.66 ange ses p ablishe e - o . a 2 f Cl nsacted duricy tie year 1928: Fire. lightning. tornado. e 465,644.71 - change seat was established toduy with | 30 Falcon Lead Min.. . .3 Coal Tonnage Increases. automoblle. inland marine. sprinkler leak - pSharacter of business LRt ioble ahu | prinkler leakage. inland mafine. ocean by e Character_of business transacted dnr- announcement that a sale had been ar- ¢ First Natl Cobper. i AR DAL xRN, FRE NG SRR 1 matinerihniekice. marine, automobile, registered mall. riot Character of business transacted du g voas HaS e marink o el ranged at $190,000, an advance of $3,000 | 4} Goldgn, Center M 83 NEW YORK, March 18 (#).—Revenue Kiount of risk assum Amount of risk assumed and civil commotion. explosion, earth- | ing the vear 1928: Fire, automobile fire | cius.{ifand navisation. tornado. sprin- .8 Amount ed ,623.921.00 pver the previous Tecord. 17 Hecln Min oo bl coal and coke tonnage of the Hocking i (e, yenr 1098 o 136.684,074.91 | during ihe vear 1928 .. 1833,633.02 T e Ll (T A i Kiot tenkaee. Fioe ‘cvil commotion: oxplo- 25 Hua"may Wi &S 20 30% Valley Raflway, the annual report dis~ Losses sustained during (6 0 ! Lowes sugguined durh 1,212,665 | Amount of risk assumed The The vant 1928, 1. . $5.045,300.00 | 20 ance floater and earthquak o s M 1949,485.00 . year 1928 : s » during the vear 1928.. $5,663.192.846.00 | Leeses sustained during the A t of risk as: d 1M Talie: 5, 5 closes, increased 7.4 per cent last year M received th Money recei the " 2 S : mount of risk assume FOREIGN EXCHANGE. 20 New Cornelin 01100 aTh® 41" to 22.787.000 tons, while other freight ear 1628, 12.62029501 _vear 1 3.062.1483% | Lotses sustained durinc Senr 1038 ® snenan | AT O T T s7,208.020.510.00 928 . 0 ¢ the venr 1938 9.548.402.22 | Maney received dufing the Yained duri TQuotations turniched by W. B. Hibbs & Co | 4] Nommont Min 2323 227 232 | decreased 1.6 per cent to 4,072,000 tons. i Tmnoseer | TS during the O seensen2s | sonerrecer i the Senr 178 & 5o toseomnaz | MORet et 1ge ", WU g agtrron Nominal gold Selling ehecks 60 Ohio Cop ... 4 ‘Total revenue tonnage increased 5.0 = EDWARD_T. GAIRNS, . gg";d:dfla- 31.776.751.09 !:x‘%?;deu during the 103084438 Mcyx;e-yr "f;%‘i“fl‘&«".’." m? value (or par).” today. 3 Pona Creek Poca per cent to 26,859,000 tons. Passenger AR BARNER. Vice President. fixH q traffic decreased 19.7 per cent. 2 H. P. BLANCHARD. nden, pound... .14 4085 $4 803 o8 Rond Creek Poca..... 21,971.832.82 ¥ come) L 1442340831 TR ST £039015 1 Roan,_Antelope Cop.. C. L. PURDIN, "Secretary. - WM. QUAID. H. L. LAWSON, President. Expended @iring He Ve L oar1s ¢ i Manager. Subseribed and sworn to before me | vy w noormy, y C. D. M. SHOWALTER, Secretary. W. MACKINTOSH. Subscribed and sworn to before me this | this 1st day of February, 1920. Bcoretary. General Attorn RE T LU ORI OATE R (Seal) MELEN M. FLETCHER. Subscribed pe* sHoli to before me | | Subscribed and sworn ig before me this | subsrived and sworn, g before ine 1 (Reported by J. & W. Sel!sg?ln & Co.) enl. o g this 6th day of February, 1929. 3 & BEBIAN, n draching : ol 3 Wenion Cob 5 X Publie: R 5 3 = nd : (Seal RJ. sees o183 INDEPENDENT OIL STOCKS. L aen 200 0" ey ol O T R R~ 84 L TR Ao ] (Seal) W. A, WEBER. (Beal) LEWIS 3 MILTON. Notaiy Public. New Jork Gountrs N. ¥. lling. .. 9 e 0. otary Public & P - t dreds. ) 1926 2 No. 9248; New Yok County Clerk's ke ion expires Notary Public. New York County, Co. . County _Clerk's No. 83. Register's No. Crown ncm).. 7Am Con Oilfids ..... 8 d 3 b " No. 583. Register's No 9434. Appoint- &"Eni'lf"t'uo,“' s aes: Clerk's No. 505, Register's No. 9571 My commissin expires November 4, 0-59, Commission Expires March 30, Nareaw. zio . 13Am Maracaibo C 3 o s Dot 99 20-32 ment expires March 30, 1929, Commission expires March 30, 1929. 1931, 1930, enh N, crown . 1Argo Ol .. 25 3 2 3 3 2 96.21-33 96 26.3: . ACPOWR du's 581 o1 3 30 3 icarib Svad LI Sl 31 3t 5 02032 9o 2833 lackholm, CIQWB.Litee 4 .28 Cilles Serv B 1.pucys d2Ye 120% 131 - 3%as Dec. oave -80.20:32 ,0026:33 - wheat production would be abundant, LIABILITIES. LIABILITIES. fes i L . elen. . ; 138814 308an Toy - mark. . 237 5 Shattuck Denn hir 12 Uni Verde Ext 1ranc . 5 Walker Mines ole W08y onide BN NRL T3S

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