Evening Star Newspaper, March 21, 1929, Page 15

‘FINANCIAL.} Union Insurance Society of Canton, Ltd., Hongkong On the 31st day of December, 1028, auired under the District of Columbia amended June 30, 1902, and August 18, 1! Capital deposit ... e $400,000. Cash in office: . . . Cash in bank 7, Stocks and bonds (market vaive) 3,109,104 Promi uncollected ~and in hands of agents e LS Interest due and accrusd All other assets: Due {rom other companies on s Tmpoundca Brate of Ohio-- tax case (since refunded)..... Tofal assets 3 ABILT lflSA Net urpald clalbs Reserve as required b Eainties, "Tents. expenses, 546,964 taxes, e missions. " hrokert o other liabilities s ottt ‘Total liabiliti Character of b the vear 1028 aprinkler leakage. explosion, automobile. inland _transportation. Amount of risk u:nmee during, the year Loshes " gustained ’ dufing Reserve for bu Fire. i riot. *'the Year 183 780,481.36 | 1,845.476.38 | 2.763.342.75 | received duri 19 D th 1] Expended during a‘:;s“fih ‘M'L’E‘fg“’;“ i es e L nriinlw‘g" LPi uditor gsfubscribed and aworn, to before me this 70t Februpre. taealy °F TTETarAV A, STAATS Rotary Public. My romm! An expives Mi 11 op THE CONDITION F THE Standard Llfe On ‘the. 315t day of December, 19 Suized inder the District of Columl amenced June 30, 1802, and Ausust Canltal stock .o Capieal stock, paid up. in cash.] 3 . g opn, ash in Bank . Real !Bll!? | Real es': mortgages ( Sipoke and bonas (ma Rills_receivable and a| ances ... Pretniums _ ubcoliscted hands u agents. L lye and accrue Foiiey loahs And motes. Ofh#r assets ... Total asvets and 'in LIABILIT Net:unpaid cluims. .. e a5 required bs Tents, expenses, taxes. Rembive Too- denrec r Othpr labilities. 4 frotal Labilitie ehncur of busin tha'yeer 1008; Life and accident and heslth. mount. of gisk assumed. during, A Teur I tained 2 g ident. esident. ELGIN, HILL, &CYGYIYY bed and sworn to before me this ril 27h day of February, 1029 ki MARGARET E. TULLY. Notary ruum. My commission expires March 6, 193 —e {§FATEMENT, OF, THE CONDITION British American Assurance Cb. of Toronto, Cimdl On the 3ist day. of December, 1038 r SR o, 505, ane Auwut 18, 1 Capital stock . o LI Net unpaid claims ... Reserve as required by Salpr ense: 1,794.270.76 mis i st other labilities urplus over ail Total liabilities . f business transacted during Sar Thas ;. Myto carthquake. tors the Jear 1928: Fire. nage, hatl, sprinkler leakage, Tiot, b Robunt of fisk assimed dur: ok the sear nfl Lowses susteined dui Money _received 'during uu' =3 ‘:o ¥ 3 BRAIDWOOD. Aot Treasirer: nd _sworn, Bth ga3 o rebruaty. 18 W. H. Walker Mfi Puble Richmond Ce Estate—Loans—Insursnes 73 13tk St “Conveniently Located on l4th Street” 1529 14th St. N.W. Dec. 3320 in_KNew York A Host of Arguments —against appointing an Individual Executor .or Trustee under wills, can be mustered. THowever honest, faith- ful and experienced a friend may be, he is lisble to become ill or incapacitatedy: and he will die, even, predeceas- ing you, mavbe. TA: talk with Our S alur fiowsll Bin o i Wiy obligate vou, “Call and find out how our TRUST DEPARTMENT can serve you. National Metropolitan 1814 Bank 1029 Cagital, Surelus & Undivided Brofits, Gver $2,000,000.00 N 15th St. OpposlteTre ury re- £ ISUES SHOW GAI . $886.831.00 7 s, transacted during tning. tornado, civil - commotion, earthquake, marine | $540,408,636.00 | Insurance Company of Pittsburgh, Pa. | 1o ! L 35.450,684.34 $26.232.36 4,906.819.3¢ .28 8.042 u:.mg Sa0ns: ,767.88 transacted during +93,835,026.00 ear 167,722.52 180,046 1 ] 3358, mm 00 878,476.08 2284815 48 337.78 before me this REYNA! ounty, Certificate CommISion expires o Learen dn 1900, Main 1680 | IHIEH-PRICED BOND Increases in Value Shown Despite Tight Credit Situation. - 17 BY CHARLES F. SPEARE. Special Dispatch to The, S NEW YORK, March 21.—In spite of the fact that money renewed again to- day at 9 per cent and bankers' accept- ances were advanced and that there 'Was more positive talk concerning a rise high-priced bonds showed considerable strength. Atchison 4s, which were 908 l;:u:ex were traded in up to 9215. & Ohio refunding 5s were | back to 10115 after droppln“below par ion the recent decline. The nrst 5s, atter this week’s rally from their low of 1% ints, were today off a point. Central issues were steadier. Chicag ;&)‘o mblorthuwl;ltel;n 4128 dtofiped a !ulol sel P'ij‘"';t":‘"""‘ ractionally under . their ni States Government quiet, without much c! e i pear to have stabilized at a level where the certificates are 1 to 112 points u«;‘ver quotations of a week ago. secondary ralls, which have 55 _lower than they have been heretofore. U. 8. Rubbe: int on Limiied tcansactons. * " were comparatively dull p‘:me ik 1 ve and rang ’umun the BBAllecs peide ‘Compase” o several days. Atchison 4!3s, American International 5l>s. Walworth 61,8 and White Eagle 5'3s all made small ad- v-#:u ere was enough selling in a number of the foreign issues to affect vnc‘: Chile 6s were off half and quoted a int under the recent issue of new 6s. lian 8% vian | Washington Stock Exchange SALES. ‘Washington Gas 65 “A"—8$500 at MI” Capital Traction Co.-~10 at 98%, 3 . Potomac Elec. 5‘, % pfd.—4 at 10834, Washington Gas E t—30 at 115, - Wuuuwnuwy &lhc pid.—10 at 98. American Security & Trust Co.—5 at 469, National vm Fire Insurance Co.—50 Are | Union }. cific, Pennsylvania and New York | & UNITED STATES. e are in $1.000 Sales. High. Low. Close Lib3ys... 17 0314 956 983 Libistas ¢ 9828 9825 9825 Libath 41691197 998 9528 9840 US4n1844. 20 10215 10258 1028 USeys62. 11 10620 105 1086 FOREIGN. Sales. High. 991 994 v. Close. Argentin Argentine May '61 In the rediscount, rate, a number of | B Brasil 6343 193 Brazil 8% s 1927 DE15%s Nov 63, . Dutch East | 6847, Duteh East ] 83 6. - Y=V T V) V0PI PP~ ) SRR OTUIURE~ W Py J0) - Pa r;l-Ly-Ilod Paris Orleans § o m'g Dairy pfd—10 at 110, ul“‘ ints’ Trans. &‘lmrue pid—5 at fl\lll' WNI D“ —2 at 126 rs. Corp.—10 at lll/:’,6 10 Gas 55—3$500 at 101, $1,000 Co. Md, eom.—10 at | netionat &n —50 Washington :v- &b pu,_“ A Bid and at § Title = . | Serbs Crot Slo [} | National Bank ‘of Washington.. TRUST COMPANIES, American Security & Continental Trust. . oo 198 Merchunu Co. ; “Illhlfllm Cons. #fl m . H MISCELLANEOUS. | Barber & Ross, Inc.. com | Chevy Chase Di i { Chestouy Farms Datry. deral-American Lanston_Monotyi Merch. Trans. & Merch. Trans. & Bto: thaler Ein L Lo *Ex dmfi‘nl (Reportes by J. & W. Seligman & Co.) A&hl Chllllul Co. ll lx‘ t “Tel. 27, £ B A n. 6 1 on 7 M} Pyl Tig e | Batavian Pet. Corp. 4} Tel. of Cansda 8 Ellitoraia et orp € an ik Enaainn gu.filv‘v D b S Rock- Ialspd 44 235, Ssezae 222223 o353 | Midvale Steel Peru 7s... Poland 7s Poland 8 Queensiand 7s RhineWst EP $5'53 3 RhineWat EP RbineWst EP Peown Saxon (PW) Seine 78 432.. Serba Cr Slav 1s.. !hll’ll:u 6%u62.. ronmSRoon - 1o B on MISCELLANEOUS, Abram&Strausb3%e 2 1l1% 111% Alleghany ev s wi. 94 102 1024 AmAgriChem 7348, 104% 104% Am Chain 633! 98l 984 Am Beet Sug s ‘35, 8% 88 Am Int Cor 5% 49 80 106% 106% Am NatGas ¢ 40’43 884 88 AnSmit& R 13t bs, 100% 1008% Am Sugar Ref 104% 103% 9% 99 Bkl’l Edison Certain-Td5 % Chile Copper bi Colon Oll 638 e Bl N Srmnilno-—marant o 1o BT inter Paper Int Tel&Tel Int Tel&Tel 63 KanCity P& L §8.. KanG&E6sbr. . Kreuger&Toll 55 ct 119 Lackawanna Sti 8s. Laclede G b%s H M. Lorillard $%8. Lortllard (P) 18 Louisv G & E 6252, ManatiSug sf 7% - Mont Pow 68 43 = P o N | SHORT.TERM SECURITIES. t Woim BreeT Cor. Bhas Théa. J00s o 8RR < 0355 12 1 103% 103% 4| Sinclair Oil + | Tenn Copper 6s°41. 210 S Steal s f b8 % | Canad Pae deb 4 % Ches & O gn 4 Sales. Pan-Amer Pete7s.. | Paramount 6s un 14 People s G: Phila Cobs 67 w it . Phila&ReadC&l Philips Petro 5% Pierce-Arrow 8 Por Ric Am Tob Postal Tel &C§ Pressd S Public Service 4348 Punta Alegre 7s. Rem Rnd 6% Sinclair Ol o k- o BuRann Sinclair 011 7 PR PEre- 4 So Por Rico Sug 75, Southwest Beli §s. . Stand OI1 N J 58 46. Stand OIIN Y 4%s. SugarEstUrienteis. » Baloenr ~almnana TennKlecPow 63 47 Transcont! O!l 648 United Drug b8 6 U S Rub 1strf bs. . US Rub 7% 2 Utah Pow & Lt b Uiilities Powr 6%, Vertientes Si Walworth 68 Walworth 8% Warner Sug 78 .. West Elec bs. Westn Union bs 51. Westn Union 8%48. . White Eagle O 5%» Willys-Ov 6% Witson & Co 18t WinRepeatAr 1% Yngstn S&T s wi. 17 E e 100 Arn Arbor 4 Atchison ad) Atch deb 4% 61 Atl& Dan ist4s43. 9 AtlantieC L 1st4s. 3 Atlantic C L 418 64 Boston & Maine Brdway&7th Av bs. Brookiyn Elec Il‘l Bush Term con §i Canada South bs Can Nat ¢34 57, Can Nor 414 s 1935 Canad North 6%, Canad North 7s. > aeelB-wand o Can Pac ¢%3 46. Central of Ga b%s. Central Pacific 4s.. Cent Pae 1st § Chesa Corp 68 w Cnes&Ocv 4 o NS S-845 ;‘-..-..-. - Ferea=aZ-Tal~ oa S SrrnoanSuad Int Ry CA 6%aret. towa Cent rf 4 Kansas City Kan City Term Lehigh Val 582003, BuZea-Trnes o Louts & Nash 7s. Man Ry 15145 90.., Man Ry 2d 432013, Mil El Ry&bil‘l 2 1 2 E Mo Pacific gen ¢s.. A G Mont Trm ref bs 41. NatRyofMex 48 77. NOTex&M 4%a 66. ‘\OTOX&M b8 B.. INOT&Mb%S, N Y Cent deb ¢8 % NYCrfim¢ NYCentrt Northern Pac 58 D No-tnern Pac r 1 6s. Ore Short L rfs 48, Ore Short L 6s gtd. Ore Wash 19t 48 Pennsyl con 4%48... Ponnayl gen 4 as. . Penna RR4%5'63. Pennsyl gen Pennay| 58 64. Pennsy) 6}48. .. Pennayl gold 78 Pere Mar 1st 48 Pere Marq 1st PCC&StLSs Portiand E1 P L 63, % | Port R L & P s 42. Port RLP6s47... Reading gen 4345 A Reading J C 4551 RioG W 1st StLaSForin B(L & Sown bs 107 RAILROAD. THE EVE\I\G STAR. WASHII\GTO.\. [ vo BONDS o ] Received by Private Wice Direct o The Star Office High. 9% Low. Close. 104% 104% 99% | 104% lOl 87 101 100% | Unton Pacific 43 . 1954 Tol Tr L&P 5 %8 ATD. C. MARKET :Supplies Are Reported Plen- tifu—Butter Values Show Decline. ‘With prices steady and supplies plen- titul, the lecal wholesale market for butter, poultry and meats was featured today by cautious buying. apparently | Ji mth the view to meeting only immediate ous‘nu prices of butter showed L3 lllc line, other items listed with produce and meat dealers showed only . | minor alterations over those in effect here all week. Today's Wholesale Prices. Prices Slightly Higher. Butter—One-pound mnu, 47248; tub, 4673847, nare packed, 30a33. Eggs—Hennery. 30; frnh selected, 202 29; current receipts, 27. Poultry, alive—Turkeys, 35a38; Win- ter chickens, 38a40: chickens, 43a45; fowls, 32a33; Leghorns, 30: roosters, 32; ducks, fl. m 20; keats, young, 60a70; old, Dressed— Turkeys, 40a45; wmur chlcum 408 45; S rJllckflu 47a48; fowls, 34a 5; Leghorns, 3 'capom large, 45a46; small, 38a40; ducks, 32a33; geese, 203 35; keats, 80a1.00. Meats, killed—Beef, lamb, SMI‘ veal, IBIM 30831; fresh hams, Jobbers 20034; lotns, , 26 shoulders, 17; bacon, 33; lard, m , 1315814, packages, 14%5; compound lard, 13a13%. Live mnk—c:lves, 17; lambe, 18. Fruit and Vegetable Review. and vegetables( compiled by the Mar- ket News Service Bureau of Agricul- tural Economics), says: Sales to jobbers except when other- wise noted. Apples—Supplies moderate; demand l ht, market steady: barrels, few sales ln U. l No. 1, 2!z inches 0; U. !. No. zg,. chu up. "Black Twigs and Romes, alightly scalded, 4.00a4.50; unclassifiea Romes, 3% inches up, poor color, 3.00a 3.50; boxes, Wi , extrs fancy ‘Winesaps, medium to large aise, 3.00; small size, 2.5082.75; extra fancy Romes, large llle. 2.50; extra fancy De- liclous, medium to large sise, 4.00; ex- tra fancy Staymans, 2.75; bushel bas- kets, inia, U. S. No. 1, Romes, 3 inches, 190a2.00; U. 8. No. 1, 2‘ inches up, Romes, 1.75; 8. No. 1, 2l inches up, Romes, 150-1“ 0. No. 1, 2!& anhn u Paragons, 1.90a 2.00; U. 8. No. 1, /;-2% inches, De- lieious, 2.0082.25; Virginta, U. 8. No. 2% inches up, Delicious, 2.50; U. 8. Ne. 1, ?’Vz inches up, Winesaps, few Cal pplies liberal; demand moderate, mnkfl steady; new stock. Florida, 1!2-bushel hampers, pointed m)e 14 lonous fair quality and condi- n, Asparagus—Too few sales reported to quote. Gelery—!upnuu lum. demlnd lighs, nnnt asteady: Florid: h crates, to 4 dozen, 275:300 vm lew sales 2 so 5 lies moderate: demand lllht mlrlfl ; California, crates. Toeberg type, 5 dosen, 4.00a4.25 3 3 g Onions—Supplies it market lllll Ohlo, 100+ yellows, U. No. 1, size, eondmm 4.50; some AL 3 ly sprouf Potatoes—Su No.l 1, 2150235, Dmund_ te, market Sasrely, Spauiding i o o Eror o 5890. mnnuel—eu pplies moderate: de- mand L ‘market may.’ Florida, l:, :’-‘: 6.00; mr qu.n! and_condition. .00; cholee %un fair quality nnfl turning, 'wrapped, fancy and r,lwiee go\mu. ordinary quality -nfl condition, String beans—Supplies moderate; de- mand moderate, market steady; Florida, 74 -bushel hampers, Green lum.na and stringl M mostly 3.00; fair quality and cone , 2.0022.50. hnb—mnlnlly no supplies on market. d, 3.28. les light; demand light, market firm. Filorida, 32-quart m nrwua varieties, na.uy lo. few market dull. Meneo, “-mnl crates, 7.0027.25. Beets—Too few sales reported to quote. Carrots—Supplies moderate; demand light, market steady. Texas, Western ll;mxcz crates, bunched, 2.25i 2.50. Caulifiower—Supplies moderate; mnnd ket dull, Calif pon , 2.50a2.78. Cucnnhn—snppliu u;ht market dull. Tlline Massachusetts, hothouse stock: urwm. extra fancy, 4.50. pplies moderate; demand ulht market d\lll Florida, boxes, No. 1, large size, 3.2583.50; small to medium % size, 2.50a3.00. FOREIGN EXCHA]G]‘.. (Quotations turnighed by !.v. 2 .m‘m ace) t; ek Jowa and , 3-dosen focknoim, ¢ Tnusuu CERTIFICATES. (Reperted by J. & W. Selisman & Co.) Rate—Maturity Ofter s June 18, 1 ‘Term Asso S L 4s.. Term Asgo St L bs. TexArk FS 5% 60. n'l‘.lll & Pacific 1st. Tex & Pac 638 1977 Third Ave ref 45 60. '/- “ Union Pac st o ammNavanSunaRanBi-ann REvon-nD D. €., THURSDAY. MAliCH 21, S U | MILLER TRAIN N CONTROL The dally market report on fruits | ganisa 1,| .Ioupll I 1929. PRODUCTION TRADING IS QUIET 5T, R Spacial Dispateh to The Star. NEW YORK, March 21.—Steel mills re reported running almost at. eapac- ity. Not only is home demand for steel increasing, but so is foreign demand. The exports of iron and steel prod- uets in January, according to the Cur- rent Iron Age, ‘totaled 274,206 gross tons, an increase of 52,486 over De- cember Such figures really show that January's record is the highest export of the pheture being n «s tons as against 53 199 t amounts? . The countries, in American-made machinery is being including a $857,000,000 in 1927. Business, not onl is showing re- ditions do not seem, up to date, wmn of steel in eight years—since February, 1921, excepting only last August. On the other side there was less foreign steel entering thl United States, the imports for Decem| hwm bought the steel exports in the of size of purchase, are Canada, leln. Italy, Venezuels and Argentina. sold abroad in increasin It mdu!m&l machinery o utomobiles, is value exported in the calendar year o( 1928 totals $1,035.000,000 as against Nazunuy steel products are directly affected by such y in copper and steel, but in all lines, ‘markable on. High credit con- hun bullneu mumlly. except the Present indications mzm-drwornurlyn,eremnn ding activity for the first quarter rbd"” lunuer the corresponding pe- 928, (Copyright, 1929. by North American News- paper Allllnu HAS NEW STOCK PLAN Special Dispatch to The Star. STAUNTON, Va, March 21.—Reor- tion of the capital structure of the )‘lltldr Train c:mtrol tion share of the riew. One pro mmninuon n proved very pop- ular;. that is the issiing of rights to | stockholders to purchase a limited pro | rata amount of the new stock. H B. Miller, vice president n{ the v said: “The response of the lhc holders in exercising their rlghu was very satisfactory and far beyond expectations. By reason of this the company is amply financed to take care of its popular tnflle-contml business. !IVA CIAD. . Boft Coal Output:Drops. £ NEW YORK, March 31 (. —Another shnrp decline in domestic soft coal pro- ductlm took last week, the Na- Coal mhtm:! rcpom esti- mlt\nl the output at about 9.600.000 net tons, compared with 10,274,000 in the week ended March 9, and 11,154,000 tons in the week ended March 3. 5% * LOA] On High Class Residential Pnpcny Write oklet Jos. W. Broaks & Co. Insurance—Frank. 2913 212-213 Transportation Bldg. G. .M..P. MURPHY &-CO. WASHINGTON - Richmond Philadelphia New York MEMBERS New York Stock Exchange Washington Stock Exchange Richmond Stock Exchange New York Produce Exchange New York Curb Market Copy of our “Foriniphtly Review” on Request 1508 H Street Conu.etim ot K Main 9600 d Telephone to New York FOR SALE T0 CLOSE AN ESTATE Barr Building, Nine Hundred and Ten Seven- teenth Street Northwest, Washington, District of Columbia Bids for same will be received at private sale by the undersigned trustee on March 23, 19{5 at 10 o'clock AM. at the office of his counsel, as undersigned. Al] bids subject to approval of Court. Certified check for $10,000 must accompany bid. Harold C. Smith, Trustee n may not be generally ::dng?od, as wuhflul same pflnelplsl employed in the Miller in- duction train-control system to stop a rallway train in case the engineman overlooks a danger signal is used in trolling traffic signal lights. The controlling element is buried in the street so thl'. the top does not extend above the street level and operates without any action on the part of the driver and without any kind of appli- ance on the car, the presence of the Atmmou,h being. sufficient to cause the g.ntul to operate in accord- Anoe vl any predetermined timing ent. Therefore, its operation is en novel as well as spectacular. system has attained unprecedented popuhm having been introduced less mn months ago, and is now in service in seven cities. “This system eliminates the delay caused by the usual cyclic changes in Pivces. he. regulation of the sl in Pl n of the the hands of the motorist.” Money to Loan dood of trust on real estate. THE IDEAL INVESTMENT - . Standard Collateral Trusteed Common Stock Shares ATROTTVE O adine + Gerverations, interest to investigate. Sh-dn‘ Collateral Shares Corp. Woodward Blds. Comnlt Us First need money for your ienl Estate financing let us have your application today. Prompt Service Ne Appraisal Fee Company Ineorporated Paid wp Cash Cavital. $906.000 Cc-lnlnl‘ | ComeLeTe FINANCING Ist & 2nd TRUST MONEY On ' homes, apartment buildings and business properties. No sppraissl fes. Prompt service. eal Estate Mortgag & Guaranty Corp. 24 Jackson Place Main 1403 At Law Interest Rates Tyler & Rutherford Representing Matus] Benefit Life Ins. Co. 1820 K Street Main 475 LOANS On Improved Property in Maryland and District of Columbie 6% Interest No Commission Charges w BR REALTORS 809 15th Street N.W. Main 9486 Mortgage Money Loaned ; H Winship Wheatley, Attorney for Trustee 1010 Vermont Avenue N.W. Washingten, D. C. We Take Pleasure in Announcing | the Appointment of MR. R. BASCOM BROUN, JR,; who has been associated with us for nearly ten years, ‘as Manager of our Washington - office. -BAKER, WATTS & COMPANY, , Members New York Stock Exchange T, 3 * Baltimore Btock Exchange Associate Members New York Curb Market Calvert & Redwood Sis, 815 Woodward Bldg, Baltimore, ‘Md. Washington, D, C. 20.000 The Commercial National ||| Your New Car lnvestment I?NGER life of your car; your plmun i in driving it as long as you keepit,and its greater ultimate trade-in value—all of these are simply added features of service that go hand in hand with the Dual-Bal- loon’s outstanding low-pressure efficiency, coupled with greater mileage and non-skid safety all the way. Only the Dual-Balloon can give you this luxurious riding comfort and maximum protection for the car to- gether with big mileage economy. Let us tell you how to get the DUAL-Balloon “8” on your New Car Washington’s Leading Tire Shop GENERAL TIRE CO. (OF WASHINGTON) 13th and Eye Sts. N.W. National 5075 and 5076 _ "GENERAL Dual~-Balloon & Mortgage Loan Corre: t ‘Metropolitan Life lm Company sped || . Advancing Beyond the Balloon Tire of Yesterday