Evening Star Newspaper, April 3, 1929, Page 15

Trading ‘s Slow—Fonggn : List-8dgs After Recent ~Rally. BY CHARLES F. ll'lm. Special mm o The Star, 3 NEW ”Hl 3.—8ince t.he bresk i Sand price 1o ihe. low level yoRr & 'lok ‘mor| & colorless one. lwn the convertibles were uninters International Telephone ¢/ ot an early rise of 1% points net decline. American Interna- i%s llm:d a point and Atchison Inyestment back getting disaived, " Ausconds. Gopper 18 88 ve ‘Cuba Cane Sughr were both lower and mtive convertibles une changed. In the morigage group there were small fluctuluonl and no donnlw \-ndeney of board, bonds in ks umd well “\mdfl'tm naarket” 'lth difficulty In dis them. Foreign issues that ha nuy were inclined to sag % orders were completed and & | Co Oq:nponry investment demand was tisfied, Cs Two incidents today illustrate m m difficulty in .negotial eing under the hlndlcl;;hg :g. money rates. One was the sale by Oity cf Chicago of $40,000,000 6 per cent tax anticipation warrants at par. The warrants ‘will mature during the Sul mer of 1930. The other was the offe: lunxmooommrumo«a tion "l’ cent one year notes at 99. In both instances long term financing would hlvl been preferable to the bprrowers if it could hlve been arranged on 8 l‘thhg}g? th..| Sent. borrovers verdlct of the market, which at present is against long mortgage loans. A canvass of the situation new stock issues indicates th put of these during January and Rb- Tual finally exceeded the lblm.y of the market to absorb them, have e “sour,” others are ba held up syndicate bids and, in all, there is a goodly supply of these new common and preferred stocks around ‘the.Street. . e at 1113, Pot. Ele Elec. 3%,% pfa.—10 at 107, § at 107 Wash. Gas Lt.—! at Wash. R. & pl&——sunw/. Nal ..—w& 3.6%6?5. Sec. pfa.- 10114, Fed.-Amer. Co, pm.—-m lc 103, § at | p, 102, Mereh. Tir. & Stge. pfd.—5 at 111, Peoples Drug Store pfd.—10 at 120%. AFTER CALL. !:llpo Tract. Co.—1 ll ll"fi, 40 at 98%, nll { !d !01% 4 lt 101 Oap. Tract. u—-slooo at 991 Wash. R. & E. 45—8$1,000 at 8'%. Bid and A.k.g' Prices. N 0 65, o-'.'u nfl m- lvy. & lke i and in the first half of ‘March H: @Esoms::: PLAN m cuaamt fw«'»fimw Wummmbmum ymi‘lo l'u‘rll. guien. High. Lo o0 Pr'odi:om Are conlrontod by« * State and Federal Laws. Ruult in Doubl. . ‘BYJC lo!la!. Sphelal Dispatch to The Star. NEW i P taplished f"n‘ 15 % 2¢ 944 93% 9, 1102 10215 1084 | oo 19 .8 97 | Remingtonar Rem Rad § Sinclair O} 1 | Stnclalr Il Sinclajr M) Sinclajp Cru ittee from E“ n Board met 7108% der the Bherm: 'I 107% um« l 14 '105% 104% lom 6 114% 116 111% 8109 1 t 2 87% 87% 87 Beigium 78 1958 Belgium T%s... Belglui Bolivia Bollvia Bordea States woul to | Bras! 91! 4 06 08 1olu 106% 106% | Transgontl 99% 99% | United Dr Westn Union 6% 24 109 1987 104 1030 | white EagleOb¥a 8 oo titute and the Men Wi Ilhinc'on out the leul polnu involved carrm-Mun is d!urmlned that the ll‘fn' limit production would be of Interstate trade, it Ilk.l! be unde untary. fl ld of Ollflurdh |lrel¢y ex'\'uuce h voluntary setion. They 1 While the attitude of the general in ¢! he matter has mot been 1, | made thoroughly plain, it would seem, according to some oil men, tha mflo. could be raised to A jween American. and 101':#:. ducers in Mexico, Central and America Holland-Amer irish Free State 68, Italy 7s Itallan Pub at 20,000,000 barrels. Ca . Car Clinch & 0 bs., Central of Ga Central Pacific hthl vnl?ed balance. to restrict production 5 ofl in resulted to no small extent rts from Mexico, Venezuela and Co- If the pmdu:uon from those | d roduction Other Questions Involved. ‘The Federal oil ':onurvmon board is strongly unregula 20 Ches & O 4%3°93 A 92'6 m« Chi B&Q gen 4s 63 92 92%(ChiB&Qlstrf 99K 994 | Cni&E 111 gn b8 101% 1014 | Chi Gt West uge waste of natural gas, Norway 633 198 pen e 8-Ly-] drilling :nrlvlq-utd of State's rights. 10 lzll‘ CR1Pac4 79% | Chi Union Sta ll sd)fi 84 |Chi Union Sta § 16 96% 95% 96% C.Wll“lll 5 104% 104% 104% |CCC& St L ~m % 103% CCI:'B(L" 108% | Colo & Sou 4%4s. 1 .89 101 81w 82 . 102%° 1024 101% 101% 85 88 mm. g pu 44 | shares of capital stock Bankers' drulln. new wel this policy increases dl uction but because it leads to huae value in an lncrminu number cities and industrial centers. &u;e ll:o whcuufm the Meu\ o o 0 ""..““m"“’"; ans tavasion | |- Main 5328 1520st NW. It s a olln.ne STOCK OFFERING PLANNED. Southern Securities tion, “drt'g{l 'L-‘A'ke public_offering lhl Jatter pa week. corpora- it Dehl..: to te along ware ral :nl lines of an “l:‘vesunenl trust. . Rl ‘The uldflfin laws, New Building Increases. NEW YORK, April 3 (#).—An inerease Utd Kingm H‘-ll. b l‘ 1034 103% 108% | Hav E1 Ry 6% 861,/ !a 5 109% 109% 109% | tian & Mad a) 68° 12 '85% 85% 8o 16 921 92 92 Hud & Man ret 5 LANEOUS. Abrama&Straus 63%e 15 1104 109% 109% Ajax Rubber §8.... 6 108% 103 108% | |, Alleghany ov b m 100 1904 100% Am Chain 638 98% Am Catton O11 Am Int Cor 5358 49 Am NatGas $348°¢3 lll Conl Chi 4 102% 102 21 106% 104% 105 98 Kansas City 8 Is, ‘Kansas City 8 Kan City Term 4s. ooy ...< DG e IO 0 - ag e 0O o . Il s . o .u‘.‘.:"emu--zn.-.- '.fl.'l .C M v '-‘Mu!lll. l 864 85% 834 4 80 REPORT 8 1124 111 6 1054 105 1% T 84, 86% 104t 1065 108 u 116, LIS 118% a5 EEEN % Tl TN 82% ' 82 B2 54 s gegiyeat; 5 21 9Th 974 19 106%" 1 8 108 1m 12 101% 10t " B 1014 101% 11167 107 United States Savings " Bank . B B PR | ,;i%;. sits t no ob- | 24. Urlud m-un shent 36. B ble States | " Tyler & Rutherford .thé: Center. of Flnanchl ‘New York Ou&mmmnumf» cilities by wire with our main office in. the center of financial .lnl' chn llwh'-vlud' “‘Mo]&' ul-l-:: Properties —— BOSSEMELPS 1417 K 8&. Mnn 93«! BYRON - § -ADAMS Bhe dervice Tfcp S “Main 8203 512 ELEVENTH ./ STREET N.W. -rfls T little life entrusted to your care~what will its future be? It all depends upon the provision you make for its later years TODAY. In 120 months, through the Investors Syndicate Plan, you can provide from $1,500 upwards for the education of your child, or you can have the same amount for your own use by merely investing $9.45 or more during this period. | Hereis atested, guaranteed plan of systematic investment which you lhou]d investigate. ‘It may mean your child’s future happiness. 1um 10 26,000.00 +502,007.80 Y iR .éfifi th- Itll. ’-g“n 'té':e‘u thisTise )BINSON, Notary Public, Mail the coupon below for our illastrated booklet showing how this plan' is GUARANTEED and backed by our own resources of over $25,000,000. INVESTORS SYNDICATE Established 1894=———————————————————— BmBuildlng, Washington ‘Telephone: Franklin 1879 At Low Interest Ratés Taiviottes Oyaflonini Gentlemea: Kindly send ms & copy of your Compound Interest Booklet which describes . your plap of GUARANTEED investment.. Name.... Address. Bus. Address . c..eeeesccecacescasasasasesccssrsstonser assceeeessessseessassece R eaessscsaresssacaasen: assd e Representing Mutua) Bemefit'Lite 1ns, Oo 1520 K Street Main 478 “I want to invest $700 more— What is your_opinim of 'CITIES SERVICE? And the financial expert replied — “Buy to hold” Y the cippiog-reprodaced e fsncl Stock—and he recommends it 1 not. flotw ulation but “to hold* - 'An investment ‘in Cities Service Comp-ny Common stock is an investment #o hold be- cause it means sharipg not only in a great or- - ganization; but in the growth, progress and pmdacrumlg mengdrof the counwy lene; oils and other pefroleum products. - the' business from which earnings are ob. > ' -tained, they are not subject to the fluctus. tions_common to less essential enterprises. “They. continue to increase with the growth of the 4000 communities served hydm or- " ganiizition. Wehen you buy Cities Service Company Common, you become a profit-sharing part. - mer'in one ofithe ten greatest industrial mpmulnAmu. Onthzehdsof 3 /,.3 ¢ y: z -‘J‘-‘Md—-—_—-———q_"——. ot B, i B G 1 oot s