Evening Star Newspaper, March 20, 1929, Page 14

THE EVENING STAR. WASHINGTON. D. C. WEDNESDAY. MARCH 20, 192 FINANCIAL, BANK STOCK ACTVEl [ NEW YORK STOCK EXCHANGE vt ez | STOCKS FLUGTUATE [————— OND.C. B[ A ——r——r e B TS B e A IN Sfl.thG RAIDS st e SR Aoitibt Popf(8). 82is 8213 82 B2 |Contl Mot(80¢). 23 23l 22% 22%|Lima Locom(ve. 2 50% | SouRYM&O efs 4 116 116 116 Adams Exp(6).. 572 572 569 569 ICorn Prod t3%.. 857 86' 85 85% Link Belt (240). 57% h 457 % 457 A 4 ar : Adams Millis(2) 31 31 31 8l [Corn Prod pf(7). 141% 141% 141% 141% Liquid Car t43. 82 & ;oearll‘gL]clu n‘;’a’o’ ret R tedly Rest | L"-;“:ld in the bn;-l:rm q;: Columbia i i in | Adv Rumley. 81 91 81% 91 |Coty, Ine (g2) o 69% Yo 67% | Loew's (13)..... 72 7 pen Kellog 1. 39 " 39% | estol and adjacent suburbs in Montgomery Bapital * Taction | Lieads Win| S Esmar ;- (8L 0l ol | Cor el n 9l Bos Soan Kanot Market Repeatedly res L I L T Ahumada Lead.. 4 Cresley Rad (1). 117 117 112 Bt 3 i | SplcerMfg pf(3) Turnover—Bonds Are Alr Redetn (13). 103 105 105 (L:;:';:;:fs':::-)r 3L als 89w 90 IR NI 2 T 4 K;r,;';e'c;;';(,-;' oTs 108 Trend Upward Despite 1 % T iCubaCaneSupf 128 12% 12 Loose-W 18t(7). 116% jaade ) | ; High Money Rate. 2 0 : Aiaska Junea... Th Also _Bl‘lsk. Albany Papre2). 17 7 7 17 !CubaCompany.. 19% 19% Lortilard Co. 24% [SHUG&EDPI4). Alleghany Corp. 337% 33% | Cuban-Am Sug.. 11% 11% Louisiana OIl. | sta Millg pf (6). Shianyih 64 s | Std O of Cal(13) e Alleghany A 5% 100% 100% 100'a |gu-‘. Cuban-A Sug pf. 65 65! 65 lllml;llsflnsn} 1 zi. % 427 | SteOnNSCT1I8) L RGE T, HUGHES BY EDWA o NE. Alllea Chem.... 285 286 28313 283' |Cuban Dom Sug. 6% 5% 5 5 wudlum Stletfs. 76% 76 1 UGN G R E | BY GEORGE T. HUGHES. | = e TemDE [ Allis-Chalm (7). 185% 185% 1844 184% Icudany PkE(4). B8l 8% 584 58% | Mac And(12.85). 40 SoHNT O 34 | special Dispateh to The Star. INTEREST ank stocks demanded their full {Amal Leather 8 8 5 [Curtiss Aeroi1). 154 154 150% Me Call C By 73 3 Std Plate Glai EW YORK, March 20.—Restori ahive G sttsition dn today’ i | 2 33 3 b Rl Tokn zh - 14 € Call Corptd). 173% 3 Std P Glass p 23 A . g Al share of attention in today's trading on [ Amerada(2).... 33 34 Curtis Pub (6). . 128% 128% 126 1264 | McCrory A(2)... 103 108 e its trend repeatedly, today’s stock mar- pply to e Washington Stock Exchange. inter- | Am Agricul Chm 194 1% 1 CurtisPub pf(7). 116% 1165 116' McCrory Biz) .. 1121 ; [ e e o 9 49| .ct went through a series of erratic 'H. L. RUST COMPANY :n perhaps having been aroused injAm AgriChpf.. 64% 63 %[ Davison Chem.. 6474 65 62% McKeespt Tin Pl 74 B LS R wart Wan (o ; g fluctuations. ‘The opening was sig- . hem by the ;“‘3 Am Bank N(13). 122% 123 ~ Deere&Co pf(7). 120 120 120 Mcintyre P(1).. 20 B omlva (1 nalized by urgent buying of the copper LOAN CORRESPONDENT Moves now taking Am Bk N pf(3), . 0% | el & Hud(9)... 193 193 1921 19214 | McKes&Ro 1.60. 57% 5 i | Stugebaker($5), * | shares and a new high for Anaconda. | The PRUDENTIAL INSURANCE gylncl: ham‘){nghNew Am Beet Sugar.. 1 1 d 7 | DelL& Wit7).s 130 120% 12 Mack Truck(6).. 106 RUURRANG Boat. " | Various pool speciaities among the in- | COMPANY OF AMERICA D DRn naves. LR 0 Den (3G Wn pt 700 @ | Macy Co (e2)... Sun Ofl (§1), 2" 6o 61 6 |dustrials were actively bid up. % Sl ral-American 4 m BrSh(h1.60). & 6 Detroit Ed(8)... 4524 249 Mad SqGar 1%. 224 224 21% 21%|g,n )] pf(6) Then before midday came a wave of | 1001 15th St. NN\W. Main 8100 ational opened Aw Brown Bav. . 217 w2l Devo&Rayn(13). b8% 68l b7 Magma Cop (4 Riparion O clling, carrying prices down well un-| with market, with Am Brown Bo pt 9 Devoe&R 1st(7). 119 Mailison & Co. 26' 2! Suparion Stedl. . a4 der the preceding close. This in turn 30 shares selling at o 1248 127 12 % | Dome Mines(1). 9% 4 Manati Sugar p 3 5| awestot Am(1). 16 s | was followed by a rally in which the | 343 and 30 shares f » 181% 141% 1413 L41% | Drug dneis),. 6 1 | Man Elec Suply. 3 sk | e neton S ¢ |oil stocks starred. Money, which had s 344. Riggs Na- o nn . 13 U 162 E0R | ghaais Bar (900, O Man El mzg(db) 9% | oY mington Gl A, b ; | renewed at 9 per cent, went to 10 per jonal appeared mChicle (2).., 64% 54's 63% 53%a | Duplan Silk (1). 23 23 221 22 | Man Shirt(2).... 307 307 g cent in the last hour, but the tone was | n}:xt. 7 three 10- Am Drug (60c).. 9% 9% 9% 9% Dupontde N(4). 185% 136 3 Maracaibo Oll... 6 Tenn Copper(1). 316 | steady at the end. i share lots changing Am Encaus (2 42% 42 42 42 1y Pont deb(6). 117% 117 Market St prior. 4 3 Texas Corpn(3). 6: " i | o hands at 575. The Am lixpress(6). 314 324's 814 324% | puq Lt 1st(5) 991, Market St 2d pf. 6 6 Tex Cor part pd. 63 63 Opening Gains. l:vnu%x;alksank ,ui i :m&l-‘o; Pow.. 105% 106 105% 105% | Durham Hos. ... Tw 7 ; 71y | Marland Oil 2 TexasGulfSui4) . The opcnk\g gsl;ns were most con- ||| ll'St ee (1) l'llSt oans ashington regis- m&ForPo(rts). 2 2% 2 Malr- 14). 7 T&P C&O (b 2 b spicuous in Anaconda, in National Cash ! tored a sale at 315, : Am&For Pow 2d. 96 96's 95% 95 stman(18)... 181 181 g J\::Irrmg::i\l:o(u:)). " 783 Tex &&Tr(‘:.?.z . 4 9 'Rpegt.ster and in International T(']epgnn: | We place first mortgage loans on District of Co- 10 shares of Union Am HawaSS(1). 28 284 27 7 |BatenAxle(3).. 68% 68% 68 ' 68| Martin-Parry. ; Thatcher Mfg. .. 23 2" 23 |and Telegraph. Anaconda rose with- ||l e bl | Trust moved at 352 Am Hide & Le: 8% 8w 8 u |Biungon(2t).. 334 34 34 | Mathieson pf(7 3 5 out pause from the preceding close of lumbia, Maryland and Virginia real estate. and 12 mere at 353. pu,. g AmHide& Lpf. 323 328 323, 32 |Bitingn pf(§}). 103 103 2% | May Dept S(4) 2 2 . 3 i 314 | 167!, to 174, a new high and up over Capital Traction arry E. Moore. | Am Home Pr(3) 81% 82!y 7y | Elec AutoL t4% . 154% 154% Maytag pf (3)... The Falr pf(7). 4 5 points on the day. National Cash | Also was the most active stock on the board, | Am Ice (13)..... 411 423 2 | Blectrie Boat.... "17w 17 17% | Melville Sh 1.10. 2% 6 2" | Thomp J R(3.60) 49 ; | Register gained almost 5 points and ||| Pasck ik Still selling ex dividend it opened with | Am Internatl 12, 7215 EieclowaLi(l). 6 Menel Co...... 27 | Tidewater AsOil 2 21y 5 | Itternational Telephone soared spec- urchase notes secured by ig shlarest .s;gl!‘ingl at 993, The‘ nexte :m t:;ru-u.n; '™ 4 6 , Fl;eflsol:):s(n-» 5 MetroG pf(1.89 26% 2 2 E‘:,w"o(')"'.'r;"' 3 tacularly over 10 hmian. These levels sold at 995, 14 m rance pf 6! 5 65 2 Mexican Seab. .. 5 ewatrO(80c) 3 35 3 Y when th on_ s P S R R e i e e T o i lnmmeome wow G, e et men sl Second Deeds of Trust Wi.TTre sale at 9914, :m 5\‘(”27-5”:}' ;L’;!. 115% 115% 115% E:; If::"":;"'sfllk 4 3% | Mid-Cont P(2) 3 33 ’lro:; :-o«:‘ :\1 40). 204 2 9% 20 | petter than the average. | {lway & Electric preferred came |Am Ma Y(4). 173 173% s . W Middle States 4 : Tob Pro (n). 21% 2 z Perhaps the outstanding feature of || & : out at 98, closing at 98's, and Potomac | At Metalsi3).. 72 72 RAE SUR L), ¥ $2% | Mid States ctfs 3 3 3y | Transcont OY. .. 10ty the decline was not its extent, but its ||| Consult Us in Regardy to Your Real Estate Finance Electric Power 5l per cent preferred | Am Nat Gaspt7 &7 7 Equit Bldg(2). . = : Midland ptyt12 5 |TMnsue& W(1) 481 5 7's 50 |uniformity. Practically all the indus- Problems moved at 108%. Corcoran Fire In-|Am Fiano... 1L 1i [ ST el 1 5. Miller Rubber.., 28% 287 Trico Prodi2is) 48% 7% 49% | trials suffered. United States Steel be- . 4114 41y |ErleRR, Mo Kan & Terx.. 4 | TwinCityRT (4). 50 low 185 was off over 2 points, Mont- Reasonable Rates Prompt Ser\nce surance Co. sold at 170 and 15 shares|Am Fiano pf.... 4lly 413 Erie 1 % of Mergenthaler appeared on the board | Am P &L «11).. 107 108 105's 106 F""' k"‘l,’ 1 - Mo K&Tex pf(7) 3 Undwd-El F (4) gomery-Ward nearly 3 points, General at 107%. AmMP&LtA(3). 744 74% Ti4 Td% l;vz' : S b Missour! Pacific. ¥ Union Carb(§ 222Y% 2211, | Electric over 3 points, General Motors NATIONAL I\IORTGAGE AND In the bond division Potomac Electric |AMP&LDE stab. 821 21 s21, 82 | fivansAul 32, T Y 92| MoPacific pt(5). : 3 35% | n O11 Cal(2) 5 4« 5% | & point, Bethlehem Steel about as much ||| Power Consolidated 5s changed hands, Am Radiator(s). 150 180 150 180 |Mxchansetliz). : 4%k | Mohwk Car 234.. K Union Pac(10).. 9 yand Consolidated Gas the same. at 101'; and Potomac 6s at 108!5.|AMm Ry Ex(6).., 1561 135 151 15, |[Fairbanks(3)... 46 | Mont Ward 2%.. 131% 132 29' | Un Pacific pf(4) 3% 8 3 Radio new was one of the weakest INVESTMENT CORPORATION Washington Gas 6s, series B, figured in | Am Republies... 56% 59% 56 59% | FairbankMpf(7) 1081 108% 108 108' | Moon Motor.... 6% 5% | Union Tank(6).. 139 stocks on the list. Word was passed ||| a $6,000 transfer at 105',. Washington | Am Saf Raz.ro). 6 7 670 | FedLt&Tra $1%. 79% 79% 79% 79% | Mother L (40¢c).. 5% 6 4 | Utd Biscuit 1.60. around that the pool had dissolved, Gas s, series A, sold &t 1023 on 8 |Am Ship & Com.. 4 FedL&Trac pt 6. 100t 100t 10014 | Motion Pic Cor; 3 “ | 0a Cigar St(1). ok 23% | which: nformetion: wik taken as wn e || 1004 Vermont Ave. Phone M. 5833 $1,000 transfer. Capital Traction 5s;Am Seating(3).. 38y 38!y 38 384 |Fed Mot T(80e).. 18% 18k Motor Meter A 217 Y | Utd Cgr St pf(6) 0 vitation for short selling. Around 93, moved at 100, 997 and 99%. Am Shipbldg(8). 87k &i'sc 87% 87% | Fidelity-Phoenx. 97 97 Motor Prod(2).. Utd Elec Coal 2 T 27 274 | the stock was down more than 16 points Chestnut Farms Dairy preferred, | Am Sm&Ref(4). 119% 1224 1195 1213 | Fifth Ave(6dc).. 11% 11% Motor Whi (2).. 5 Utd Fruit (c4).. from its high of Saturday. Columbia which was called for redemption on|AmS&RpI(T). 136 136 135% 135% [ First N P1st(8) 108 108 Mullins Mf&.... 6 2| Utd Paperboard. 2174 2 2 Graphophone started in very strong. March 15, has been taken off the list. |AmStFdva(3), 74 74 71 TUx[FirstNatS(13). 0% 0% 6915 691 | Mullins pt (7). 94 | US CastIr P(2). 1 53% | The stock was turned over in large vol- Am Steel Fy rts. 3% 8% 27§ 27| Fisk Rubber.... 16% Munsingwi (3) 5 5 US CIP 1st 1.20. ume and ran up almost to 80, coming Moore Joins Eastman, Dillon & Co. | Am Sugar. 80 80% 79% 79% | Fisk Rubber rts, 2 2 Murray Corp, T4 3 i U 8 Distributing 3 down again to show a loss on the day . Arthur Foraker, manager of the(AmSumatra3). 62 52 bz 52 |Eisk Rub st pr. 6 Nash Motors(§). 107t . U S Distrib pf(7) L ! before noon. Consult Us Regardmg Washington office of Eastman, Dillon|Am Tel& Tel(9) 214 21514 213% 215 | Flelschman t33% & 6% | Nash & Chat(7). 192% 192V : Probably the early advance in the | f & Co,, announced today that Harry E.|Am Tobacco(8).. 170 170 170 170 | Follansbee t2%. Nat Acme (1)... 3% 3 copper stocks was too violent to be sus- Your Maturing Mortgage Moore, better known in the financial|Am Tobac B(8).. 172 172 170% 179% | Foundation Co.. o Nat Bellas H 1. 64 : tained. Kennecott in the first hour ur g gag district as “Cy” Moore, and for the past | A quei‘o(l) « 146% 147 146 147 | Fox Film A(4).. 9 5 Natl Biscuit(t7) 180 7 ! US Leather.... 2 2 duplicated its previous best price of rec- :’:’y:l.gagokm;‘eu,d‘flg, t‘:he Rgasfflh :zgrvfgl’g:u.) g;}, ;gyz SZ';, 55‘ Freeport T (4).. Y Nat Cash Reg 14 ‘ gglfiu:nr A4) ord. Greene-Cananea was up close to L T RM REAL ESTATE LOAN n: , has joined the staff of the 9% %" n Nat Datry (33).. 2 ealty(4).. : its best, but both came down afterware brokerage house and already assumed|Am Woolen. 223 21% 22 - | CABLGTERUBA .. Nat Dept Store S Rubber. : 2% | as easily as they had gone up. G ONG-TE : u his new duties. Am Woolen pf. 48's 46 481 | Gardner Motor.. Nat Distlliers. . 31, | U'S Rub 18t pf.. % During his activity in the financial|Am Writ Pa cus 12% 124 12 |Qen Am RO(4) 3 91% | Nat Distillers pf USSmeltan).. 2 Rail Group Heavy. fleld Mr. Moore has made an excellent AT 4% 46 & gt Nat Enamlg (1). 5 Sm pf(3%). 5 55 The rails were heavy. There were Gen Asph pf(5). 3 o 9 U S Steel(7).... one or two exceptions, among them St. 51/2% Teputation for himself in the securities 106 107 106 107 | o oS Pes ;- ) Nat Lead ). ... branch of banking. Entering the Riggs s Cap");fl lggn’ IZ;‘ Ag;:. AZSI,. jen Bakg pf(8). = 56 3 3 Nat Ld pt B(6).. ; 3 g’g g’l“xl pL(7). 3 Louis Southwestern, but standard stocks Bank in 1918, he was advanced rapidly ARehoE Cw(-r'“; it “A ik l- 112% 1123% Nat Pow&Lt(1). 7 . Um'Pel lt.nltl) 8 like New York Central, Southern Pa- through the junior grades to the su- o 1%L 101 167 Nat Radiator. .. pe & Rad cific, Union Pacific and Atchison sold perintendence of the securities depart- :"f,'"" PL(6%). 116% u}g:r. 116% 116% | 227 Pl 4 Nat Ry Mex 2d.. 2% | Ut P&L Ace2). off. Baldwin, which had been a tower ment, which position he has held for A:ne::'opr(n - 86 66l 64la 65w | A8 TIEATRIR). o Nat Supply (18). Vadasco Sales. of strength on the two preceding days, . or. . 484 48% 48% 48W % | Nat Surety (5). 3 Vadasco pf. was down at one time more than 10 We Make First Mortgages on eight years. In his new connection Gen Electr} 2 2 2 ' K Archer Danls(2) 42 424 ric 16. . 3215 29 ‘ : : | i Pty i with Eastman, Dillon & Co. he became | ATCher D3 ”‘:1){ AT l::% ]::L‘ GanElsc sp(80e) i:::“;nél%‘). 82 8 2 82%| vanadium ( 34 points. Homes, Apartments and Business Properties in the District of Columbia dentited with the trading department | ATICDERNDY 1 118 gk 180 | Gen GETIA 134 NO TexaM (1), 13 3 Yot : and Nearby Maryland and Virginia of me“s’om-mm ther junior bankers|ATMOUFI(A).. 1d% 14 14% 144 Gen G & El A(8) 32 121 3 N A ! vfl"k]i',,""” 3 SHORT-TERM SECURITIES. e ullicr Denker® | Armourdli(B).. 2% 7% s 7% |SenCASDIBIT) 110K 1104 N Y Central(8) . i) 2 e g . ey .hélhgfxlam o'r"a.‘“hm Armour Lllpt(i) T81a 80 78w so | Gen Mills 3) 8 78 3 %N Y C & StL( 4% 134% 13 e o 5 brrui sl iblar b Voris - (oo 2 - 304 2 p en s (rt 4 3 3 NYC et g 5 7 “99° . Ghapter,, American Institute of Bank. | Arieid Con&Co S04 S 20% 20%|G8h Noore (3). sma ssis oy a7 | N § SSULPI). 107 1, Viewrprpecn.lni wis ar m | AN G 0 8, 22 RANDALL H. HAGNER & COMPANY, INC. ing. AssoLryGizi). 61% 6% 6u% 61 |GenMotdeb(6). 110% 110% 4[N Y & Harlm(5) Va-Carch § %pE. SR B as Copies Mt 25 19080 18 1321 Connecticut Avenue. Decatur 3600 American Ice Earnings Rise. |AssoOil(2)..... 43% 43% 43% daw|GenMOUpE(l).. 125% 125% 125% 125% | NYNH&Hart(4) 907 . iy H Balto, & Ohlo 4'as 1033, 0. 9 3 : “The report of American Ice Co, and | Atchisop(10)... 201 201 200 200 Gen(;;udsmasu). 37 374 37% | Ny NH&H pt(T) Waldorf(1%)... 24 3 Batavian Pet. Corp. 4lis 10420 gltp 8214 Mortgage Loan Correspondent, New York Life Insurance Company, subsidiaries for year ended December | Atchison pf(5).. 103% 103% 1033 1ogss [ Gen RY SiE(6).. 103% 104 10: 3 | NYOnt&Westn, 28% 28% 2 14 | Walworth(1.20), % | Cullfornia Pet_ Corp. 5is 1038, 16 i}h:m' shows net profit of $3,252,362 | AUl Coast L(110) 182 183 182 183 8 Refrac(3).. 77% 77% N Y Stm pf(6).. 98% 98 14 | Ward Baking (A, Canadian Nat. Rws. I " Gen Refrac(rts) 3l 3% J : Ward B tion, interest, Federal {AUGuIf& W1.. 43% 45% 43% d45% 3% : ard Baking B. o | Gillette SR (3). 116 116 115 Rl Ward Bak pf (7). deprecia! 1930, 4 ; - taxes, etc., equivalent after 6 per cent | At1Gulf pf (4).. 56 56% 556 56% | . Chesa. & Ohlo Rwy. 4%2s 1930. 99 referred dividend requirements 10 $3.02 | Atlan Ref(11%) 62% 64m 614 64 S abe s AR 2 24 | NorAm b10%stk 103 274 | Warner Bros Pic 120% 51 e Co. 58 1947 oL 9 98 & share earned on 600,000 no-par shares | Auan Ref pf(7). 1164 116% 116} 116% u"“m';"’m, fi;“: 5;‘: North Am pf(3). 2 &::::: fami?) ; t £ Borton 413s 1050 B of common stock. This compares with | AtlasPowder(4). 105 105 104} 104'%a NorAm Ed pf(7) . Mot. A Corp. $265L000 or $292 . share on common | Austin-iehols. 84 €% @ i L L) SLILR RaL No Germn Lioyd " Warren F&Pire : General” bt "Chp. 01640 100 f 5 0 dcore acs s o 4 o . Webster-Els rts. Bop 1t 'y SRS S —— A0t maiee o Sa aan 24 |GoodyearTire:l 148w 1457 Sorpasuiats Wesson Oil (2). . 2% 4o 4o | Internat Match Corp: ¢ | Baldw 2 So0ayE IREPEST) 108K 1004 Of1 Well Supply. 25 2 Wesson O pt (1) 725 721, 721 2 - @4l JOHN JOY EDSON. President ~ WALTER S. PRATT, Jr. Secretary Baid Loco DECT): 1170 118 116% 118" | Gothm mv(ti0. or° oot e i 19 100 | rem GaRnapE. 10, gelonn O cb gs L o e T bt gy s ¥ ¥ 5" | Omabon; 8% 9 B / Penn El pt | Sinclair Crude Oil S%:s 1938:: 951 | urpl 5 Exlto & 018). ... 12T 1204 125% 120% | Gotham Hpe(7). 98 95 ;| otis Elev 340 343 5 | Penn k1 A ik Southern Pac R R Ca o (e seseeeess. $5,513,051.63 Surplus & Profifs......$1,601,7 3 raham-Paige.. 47% 48 123% 123 3% 123 est P Po pt(7 5 | 8t. L., Ir. Mt. & So. s inti i i Bambgr pr(6%). 109% 109% 109% 109% | Grhm-Paige cfs, 4215 42% 1s Ste a7 WAt DAlEes 4 > LR e B Subscription for the 96th Issue of Stock Being Received Bang & Ar3%). 69 68% 68% | Granby (6).. 102 102% 95% West Dairy B... Dilon O1f To."of Caiif, 8s'i635 932 Bang & Ar pf(7) 108 8 107 107 | Grand Unoh.... 25 25 West Maryland. 6 United Drug Co. 5s 1953...... 74 Net profit Cr 42,651,090 3:?::2.'37""‘":’;‘ féu fir ':f §§~ 2,3 ey (WRDIEL) - 125 [/RN 3 ;’ “,fi“(;‘ ",,")" 22% 3 West Pacific. ... B Wheeling ‘Brsel Corn. 8's 148, 100 s T % % | Grt North pf(5). 109% 109% 1 | Pacific Gas (2).. 57 ' | West Pacific pf. ? 4 S SR 1 L R R i ) BescunOll..... 2k i 22 23|Gi Norpfotsti) 105 105 Pac Lighte (1).0 80 | WU Tel 5 i it Think of the Future 1 . s o T L 1% rNorOrefs3y. 83 33 acific Mills. ... 3 Westhse A B(2), . 1 PRI e aipins TaST S0 | Belg NRDL(16). 2% B2l 821 B |GroWnSug230. 36% 36% 3% “!Pac Ol Stubs... 1 ! w,.,,,,,h,,“,f. 1 3 b'fl;e l;l’henno}l“: Co.. manufacturer of By Savmg Now Best&Co(3).... 86 87% 86 87 |Grt WnSu pf(7) 116 116% Pac Tel & Tel(7) 189 Weston Electric 2 £ rake-linings. has acquired a controlling $2.50 Bankers Enjoy Sisson’s Address. | Bethlehm St1(4) 108% 109% 106 107 | Greene Cana(8), 195 1975 2" | Packard (13%).. 139 38'4 | White Eagle(2). ; I e s Lay the foundati " for financial YLocal bankers were intensely inter- | Beth Steel pf(7) 119% 119% 1194 119% |Guantanamo pf. 704 704 1 | Pen-Am Petroim 46 3 o N o fl"?{‘;‘{‘:,‘“"“"! . Per ested in the address of Francis H. Sis- | Bioomingdale... 49% 49% 48% 4¥% | Gulf Stat Sti(4). 68% 68y Pan-AmerPet B 46 White Rock (3). | ot e i s | | independence by saving systematically son. New York bank oficial, here yes- | Blumnthi prci). 100 102 | Gulf States(rts). 4 4 Pun-Am WaB.. 15% White Sew Mach : |G in the Equitable. You'll find our plan Share 3 s almost remark- 2 4 4 ¥2% ¢ any id in the business sky. le | Borden’ 6). 3 182, pt Stor., % s Wil TEMENT OF THE admitting that speculation is out of | Briggs MfgFCo. 4714 | Hahn DS pf 634 1051 106% b Wil ae s i Gt i || money. Stop in and let us tell you bounds, he firmly believes that any | British Empire.. pte :-anA (7)., 94% 94 Pathe EX(A).... Willys Ov c1.20. y % 29 Philadelphia National Insur-! about it. business d:hpzmnon due to high money | Brockwy Mot(4) 64}y 64is 62 H'"m'" Mann 25% 5% | Patino M (3.39) Wilson & Co.... e Fould be short lived. He goes farther | BklynMani).. 73 73 Tz 7o | Harimn BiLi). 2 a7i¢ (FRRRR B DM Wilson Co pf A.. ance Company of Phila., Pa. 915 F St. NW. hlnmlnymomurs an nrw fhu; b yn! :A. (I - 180% 1a_|| 180 ‘l."h‘ylc:r . : P:ns. &m(':‘r;u. 9 | wilson & Co pf. s On the 31st day of December, 1928. as re- business will hold up ciear to the end | Brunswick B3) 822 524 si | Ssrgher Corp... 78 EeDIECERELD) Woolworth (6).. 205% 4202 | Smended Iohe 30, 1005, ‘and Aueurt 8. 911 of year and says the prese! runswick Ter. ) Y P! .. B6% enn (3%) 6 7 Worth Pump(A) 84 9 4 b z < co-operation between the Nation’s bank- | Bucyrus(1). 26% 37y | Hershey prpf(6) 105% 105'¢ 105'% Pere Marq (18 152'% Wright Aero(2). 275 269% 27114 | S " . 0.000.00 ers and the Federal Reserve Board has | Bucyrusevi2i) 45% 5% 46y |HollndFu(e234) 48 48 46 | Pere M prior(5). 100 100 Sis honifai L £71.000.000.00 already proved highly beneficial in its | Buff&Suspf(4). 65 65 64 64 |Hollander&Son 19% 19% 18% Pet Milk (1%).. 35 5 Yellow Truck... 42% 41 41n Soilts BurnsBros pf(7) 104 104 Household(14).. 73% 734 7215 PhilaCopf(3).. 53% 53% b53% Yel Tr & Co pf.. 88 u8 $100. ’ Mr. Sisson is one of the leading|Bush Term(g2). 70% 70% 7 Homestake(17).. Td4's 74% 744 | Phila& RC&J. 23% 1 | Young Spriung.. 624 4« 60 60 al 295,24 bankers in the country. He is a former | Bush Ter de(7).. 108% 108% 108 Houston Oil..... 9315 102 9314 100% | Phila&R C&Trts & g | Youngstu Sh(6). 124% 124's 123 123 onsre L 0 A N S president of the trust company divi-|Bush Ter pf(7). 111 111 111 Howe Sound(4). #0% 8l Pnil Morriat1).. 17% Hourly Sales on N. ¥. Market. i uncolie in ion of the American Bankers' Assoc ca | Butte Copmzine g b gn o wx Hud Maniz).. 454 45u 4 Euillipa P1K). 41k ] 10a0am.. 676,800 13m... 2326100 TR o o acaued A public relations committee. Byer & Co...... 153 157 153 156w | Hudson Mot(5)." 0% 91x 3 1:30pm. 3519.800 3:18 pim 4,088,800 | AT qhes asejs; Demgnle i on Bas & COSIcT o aoay 108 16OW | o ppiatirs) 2 72 8% Dividend rates as given in the above tacle s LA Gleaned in Financial District. St AR L e 3t S o ars, the annual cash payments Bused on he | Total assels . X James A. Soper, president of Wash- e 5 | Miinots Cenc?)., 140 140 Pilsbury (1.60).. 65 ¥ Fardy eaira. 1 Plls 4% in sock. 4 Pl LIABILITIES, I REAL ESTATE ington Chapter, announced today that | cuiit Pack(4)... 78 78 77 77 | Cenleslic4).. 80 A)2.88.. 56 ding less than 100 shares |/Net unpaid cialms’ ... the open meeting planned for Friday, |Callahan Zinc. 3% 3% o o) (04 &M"“m- 33 .65 1d this year—no resular raie. b Pas: | Moigiucange ured by at which certificates for the first sem- | Calu & Ariz (6). 141 142% 138% 138% an Mot (1).. 5 | Pitts StI pf(7).. 97 n stock. ¢ Plus 5% in stock Salaries, rents, expenses. taxes. invi icati 1 . Hecla % i69% B indian Refining. 3 - 4 3 % ents, exp We invite applications for loans on improved ester were to have been awarded, has|Cal& Hecla(4).. 58% 59% 57 0% | dlAn Tter (it % PortoRIcoTobB. 48% 48 stock. f Plus_10% in stock. & Plus it b 3 800,00 s ki 5 h been postponed to April 15. Special en- | Can Dry (14%). 87 8w 85 R ). 5% | Postal T&C p£7. 105 ; ; 3 3 Oenar ey Droxers 1002 20000 property in the City of Washington on a straight three- tertainers have been secured, who can- | Can Pacific(10). 246 247% 245 " 404% | Postum(3)...... T0% 3 - Share quarterly Surplus 1.534.038.59 ” hl: b o + > Ind Ref efs(rts). ) stock. m Pavable /10 share terl; P! year or monthly payment bas: not appear until the later date, Canon Mills2.80 42% 43 428 423 | s(rts) 4% | Prairie ON&GH Uiitea Clear Stores' common. stock: & PI | Total Habilities . 2320676 5 The directors of the Merchants|CavDobspf6%. 104 104 103% 103% ’,:‘::::0'}"'{;";-.'; 0 ° 120 " | prair A [iete s s - " Pressed Stl Car. Ch: S N i S 50 atdek e and aihied Hnes. Low Interest Rates ~Transter & Storage Co. have declared | Celotex Co (1), 6% 69 6% 68 | [aEaS(j1E) i 13 130% | Pressed Sti I the regular quarterly dividend of §1.75 | Celotex (rights). ) % 3A4). Y 5 rodu efinrs. 22 W 221y g A k.‘l'he Cen Aguirre(2). 3§ 38y 38y | Inspiration C(4) 62% | Producers&R pf. 5 5 1BIG WALL STREET Amount of risk ssumed dur- 1 x: 332305874, per share on the preferred stocl InterboroRapTr. 4714 | Public Serv 2. Y 83% sustained during By the Associated Press. Asst, Secretary. educational and publicity committees. | Chi & East Ili pt 62 51' | Int Mer tar! 3 6 i 99 ! Radio (new). 991 9214 year was announced yesterday with the | —MY_commission expires March 2, 1929 Thomson presiding. Further expansion | Ghi BIL& BIEOT B8 D80 SE0 Int Paper pf (1) 90 | Real Sk pf(7).. 98 | institution with resources of more than Dann Faber, chairman, will take piace | Chiexasiha () B0 Béts bhis oire|int Preg Ink 2% 56 Bank of Commerce was announced, : | . -Ni o - J N e Weber & H (J4). 73 7 2 2 92 . . . . 02 e tnome ccoun for senr | ncanbiaisss B B S S| Solmust rews Sorh s 0 | Reb 88 8§ g te 80| Egnitable Co-operative Building Assn il dividend is payable April 1. Cent Alloy«2).. 48 4T% ATRI ) erconR. . hairman Charles E. Howe announces | Century Rib M. . 37 #1715 rconRubber . 11t | Pub Serv NJ rt 3 EARM: o IGTER S et lcnm.etl;':g 'of the safe deposit section | Cerrode Pastd). 116% 117 113% 115% | [iernat Agri. .. 18% | Pub®ecy pE(s) 108 BANKS IN MERGER 1928 e TY P E]R!CAN S C ot the District Bankers Association | Certain-teed Pro 22 221 2La 213 | 1t AR CRDICT). 824 824 Pub $ NJ pf(7) z i 122% E ok the year i938 11263198 60 | Intl Bus Ma (5). 135'« l‘fi’g‘h Pullman Co(4). 85 _— ARTHUR H. CLEVENGER RD TRUST COMPANY reports will be made by the com- | Chesé& Ohio( 0 s, | Int Com Eng(2). 88 . 89 5% | P 1 pr(8 1131 = mittees on standardization of safe | C & O Corpn(3). Ll el R Pure Ol pf(8).. 1134 Subscribed ‘and sworn to before me this " % Purity Baking.. 129 21 ; = 11th ds ( . 3 | deposit practices, standardization of | Chf& Alton. 1 6 S R 29 NEW YORK, March 20.—The second | 11t day- of Eebrusty. 198 o eon. | 15th and Penna. Ave. N.W. The advertising committee of the|ChiGreat West. Int Mer Mar : g Radio pf (B). 77 77 b ot by bl : £ : . - Cni Gt West pt.. &) LA MR Ll 314 | Radio-Keith(A). 35% 354 SER SNSTMPINS O KR SN e FIVE 'CONV IENT OFFI bankers' association met this forenoon | ¢, yi1e ¢ p. It Misieican $be: | X syt 10 e of the Hanover National Bank and the FRbE R CLb of the assoclation’s advertising program | Chl & N o Int PAkPOA2.40. 31. 34 ; hi&Nwn pf(7). 139 139 139 13 % Rels(R)& C¢ 12% 12 is being considered with other matters. | CHENR , Int Papr & Po B, 23% 233, els 0525 pf3%). 51 51 50 B, 23% 288 234 I 33, 103 | $670,000,000. ES NN The next meeting of the auditors| g ppecg). 100 100 100 100 | IptPapr& PoC. 1ok ddw 15 | EAMIDECHSLLD) 105K 203 | *"Only recently the consolidation of the JAMES Y. PENNEBAKER E 0 . tonight at headquarters. - Important | Certo (t4) Qg({ 250 | inccement(4). . BORON T W. L. BAMPTON. Vice President. | Ght & Alton of X 4 | int Harv pt (7 P % : y " o 5 safe deposit forms, as well as by the| D Int Mtch pf 3.2 Radio Corp. ..... 495% 493% arge Wall Street bank merger of the Notary_Public at - headquarters, Chairman Eliot H.: h 6% 1 )it Paperis a03. 4 g Chi Mil & SIP pt W B8 a2 sanarieA0) Real Silk Hos. 79% 797 | Central Union Trust Co; forming an|[| Mortgages Investments section of the bankers’ association, J.| = Int Pa&Po pf(7) 9 Chickasha(3). A% AN A1 4, i , Remingtn-Rand. 31V 3 Guaranty Trust Co. and the National " o Tet (T ba BT o Main 5328 1520K St. N.W. at the University Club on March 28. |y oeon (334). 121 125% 121 1255 | Int Prig Ink pt 6 1064 104 104% Rem-Rd 20(8 forming an institution with resources of Other Financial Notes. Chrysier Mot(3) 111% 112% 109% 109y | Intl Sait(s). . S Reo Mot (11) more than $2,000,000,000. Still another g 5 | City Ice (3.60).. 58 58 58 58 |IntlSilver (8 1 Rep 1 & S(4). 7 9 banking consolidation is expected = e e *{:,:&,,{:'"J:,‘ficuy Storesnew. 24 24 23% 23y | Int Tel& Tel(6). 8% | 100 ol Songe # *lin the ratio of one new share for each We are pleased to announce that an investmen s B e |City StoA(3%).. 60 50 B0 50 |Inter Dept S(2).. 9 ! Reynlds (B)2.40. 57\ tional Bank is understood to be com- poration under the name n“ 1&:’:?" StL pe( 105 105 105 105 |Intertype(tilg). 324 32% 32 RhineWI2(1.92). B84 5 leting negotiations with A, P. Gianinni fiuéu";}‘d' yi’}f.;m ":P:rk“n%x; Te0fs | Cluett-Pea pf(7) 114% 114% 114% 1147 | Island Creek(4), 63 63 62 24 Richfield OIl. ... 45'% for the purchase of control of the Bank OW'CT"‘[" L Soing offered privately at $42 por share | Coca-cola (4)... 133 13312 133 133 | Jewel Tea (16).. 161 146% 1415 1447 RioGrande Oli 2. 37 3 gt A A Feperionce Tl MR. HARRY EMORY MOORE i “in Washington by | “ola (A).. 4 49% 49 49 |Johns-Manv(3). 190 190 185% 188's | Rossia Ins t6%. 297% 3 | oL more »800,000,000. " 8 and being distributed in Washinglon B | Colijas @ Atkun 68 68 661 6 |JonesaLaupt?. 12 121 121 121 | Royal Bak P(1). 33 e combination’of the HAmver and (g g oal eonventions of agents of the | Col ¥uel & lron. 78 73 70 72 |Jjordan Motor... 12 124 Il% 124 Royal D(a1.336) ::tgg"t‘;:l t’;’;;“g? :""f{:‘;:;lg o “‘;’KE‘;::‘ A e s (Ao Gol G & EVCBY. 143% 140% 143 ,;3.,“1\(-ncnysguts) ORELOs 8 G, other in forming a well rounded insti- - ng s 2 -+ et . | Kan C So pf(4) T % 675 4 5 tution. While Central Union has de- . i i New Orleans for the latter part of the | O3 BFEIS: B, T o 5] (autmn DB 1%, 80% ame o g0 SEATAY N ton 1ot | veloped a considerable commerclal bank~ | g Be Free has become associated with us Efa'i‘f“éz"l‘i,'é home office, 101 Indiana | Col Carbon t4%. 124 142’y 142 142 o 1;‘9“« 111‘»' 1o " 11 | Safeway pf (1).. ‘2’.}" ’2“‘ ‘} i :Imm;. ‘}:’mfii‘r‘fiy‘?"xifiéfifim’i to Go in our Stock Department yer Ve " il C X 2).. 54 1% 524 7 | St Jos Leaa:13). 47 | has , :a‘,;,',"‘"’o,.{‘g;"‘,.“,fi"g,,egéfi ';’f"b‘au‘f'}ié?:’ff | Com Cr1stpr 100 100 100 KAk 5 ’53.‘.‘ },3." {z g | StL & San Fr(8) 115 1141 | business, both indlvidual and corporate. 0 E Com Cr pfi1% ). 217, 2 5 i 109 109 16 StL&SanF pf(6) 95 94t | The Hanover National, however, is il d h e g bor | Com Cr pf B(2). 2 3 5 % 4 ? .| StL&Southwest. 110 1103 | eminently a_commercial bank. ORI I WA S The United States Bureeau of Labor | Com ©I b7 - ; Keivinator Corp. 5% | g 5 H |~ William Woodward, president of the 1 il i Statistics rotail f00d index shows a de- | Com InvTr(14). 175 | Kendati pt (6). gy |SnvameArma(3) A3 45 45 45 0 ince 1910, will be chairman of plésse—with' nothing' to crease of about one-tenth of 1 per centLom inv (war;.. | Kennecott (4)... 104% 101% e o ot Tiw | the Consolidated Bank, and George W. worry about —after you B e e Tmonth ended February 15, and | Com Solv (n8).. Kinney (G R)... 69% 60% g03 | SOAD AT LAT: o0 4 b 11 Davison, president of Central Union 1 i d an increase of a little under 2 per cent | Com Power(13). 136% 137 134 138 | Solster Radio. .. 6314 64% P e L Tiar | since 1919, will be president. The boards SN I ————— since February, 1928. ~The increzse 1s Congoleum-Nalr 20 20% 20% | Krart-Pho(1%). 36% 36% 36 | Seara-Roe(32%) 166's 1567 155% | Of the two banks will be combined. Coppbecion s oy EASTMAN, DILLON & Co. approximately 59 per cent since CongCers(5).. S5 85 84 fdw|Kresge (160)... 6% Bz, 5 Erelbete S g o " The new company will have capital 5 1ag "1 of $21,000,000, of which $15,000,000 will At regular periods we Members New York, nn‘ud; hia, Chicagoa. a1 10 Tuary 15, 1921. otk 98% 94 94ty 93w \res L9k 194 914 r nd SonCizprof (6% 917k 100 100 e . .. '24% | B0 to Central Union and $6,000.000 to render an accounti Ll o S RCS e C. & O. February Net Higher. grs (7). By oY 1cres e - 3 2 43 o P 39% 3 3 a i o ) o, Hanover stockholders. The consolida- & o With the exception of 1927, February 1 1 H ::":::':"‘z‘;"g; S:;.; ©% | tion will be accomplished through an which gives you full infor- 1512 H STREET, N. W., WASHINGTON gross revenues of the Chesapeake & | : : : 1021 103% o 52, | exchange of stock, stockholders of Cen- i Bhio_ wore the best for any similar | cons wss g ; SimmaPet160) 21 " 21 2 O e tor sbats of concerning every NewYork _ Philadelphia € month on record, while net ‘operating j Cunk i SinalalcOtiisig, 404, 2 42' the new stock and Hanover stockholders detail. . ! Detroit Richmond Trenton income exceeded any previous February | Consol Textile : e s s iy Bl s T % | receiving three shares of the new stock Scranton for the road. Preliminary estimate of | Container A 1.20 f 157 35 | Snider Packg Co 12% 1| SS0EvIng tirepabaramofithe ey coor - gross revenues for last month is around | Container B 6ve. ¢ 3 fLee lire & nun:‘; o1 3y % 2 Snider Pkg :»2: 5 4az_«l held, B. F.:SAUL:-CO 3 come is | Cont Baking A 3 ) Leh Por 1t 2 bR 5 SoPoRSut2y. % 8 g £10,080,000. Net operating incom % g OB T A Main 2100—925 15th St. N.W. expected to reach $2,850,000 and sur-|Cont Baking B.. 104 | Lehigh Val Coal 22 South Cal Ed (2) o Sine Cafter all charges is estimated AL Cont Bak pf ‘A1 g 94 LehighVal(3%). 93% % South Dairies A, 35% 354 Cornell University conducts historical reximately §2,250,000. Cont) Can (2%), 1% 0% 72% Lehn& Fink(d)., €0% 61 South Pac(8)... 129% " 12815 tours of counties.