Evening Star Newspaper, April 4, 1929, Page 15

FINANCIAL? BOND MARKET SHGS) Lo e _BONIIS o e e e satsen| eros o s ' UNITED STATES. Sules. Hin. l:&'-. Close: ; -tls;-;-”u the month Mflml ! ) T e Thensl H i Passing of Lenten Season Results | $10.00500, a5 compated 4 febe T Lae: previous s y Livthe.. 85078 416 018 S v 98w om in Renewsl of Demaid ; . Standard Collateral 5 ! ath4¥s 227 392 9827 9827 |PeoplesGa i for Beet, Tar Sxae February Trusteed Common Weak Situations Developad| JS3%:43: % 360 8en seit working da Stock Shares Tth St & La Ave. NW. S VT8N lnceiet Rotm 8 63 10220 102 18 10220 L 90% 00k j i 110614 10614 108 14 BY J. C. ROYLE. Jevenues show : in Industrial and Public - 914 91 Epecial Dispatch to The Star. - for Pebruary shot SR Nomme af Rocks o Opes ’ fi‘:‘",? ,,":m,“._m”;‘.' Tyler & Rntllerford Utility GI‘DI‘DS. '°'L'.33'-‘6n Low. Close. " 7 NEW YORK, Aprll 4—The cattle of Representing Mutoal Benesit Lite Ins. Co. which have been on the ranges through- | the two months frelght ' reverue Money Loaned to Members ||[| Sronin stse. " wovtuces siit- 1520 K Street Main 478 93% |out the Winter are now commencing a passenger ‘ E M thi t :g:: migration to the pastures and feed lots and 7. o P.y-‘ ths. This ames E. Conmell ames ¥. Shea T estient 5y uor'mn National Bank in et of Columb Capital, Surplus_ & Undivided ol Eala Profits, Over $2,000.0¢0.00 - BY CHARLES F. SPEARE. Special Dispatch to The Star. . NEW YORK, April 4.—Aside from Sinclair Crude 5%s. price readjustments in a small group Sin Pipe Line bs... of domestic iIndustrial and foreign gov- Skelly O11 6 %, ernment and provincial bonds, there 955, 13 94 was little in the investment market 7 9% 94 today to command attention. k1 8 l% 1024% 102% xu::;l volutme tl'x):. tgatn‘xh r:z been s ;. 31 :7 SugarkstUrients contract since the turn- 24 3% 98% over of a week ago, when International 32 103% 10% 103% | TeansonciO! Telephone 4'3s were representing about | B 14 107% 107% 107% 20 per cent of the total transactions. 10 105 104% There have been a number of weak situations the last few days in a group of industrial and public utilities bonds, including American Natural Gas 6s, International Paper 5s, American Writ- 8% ing Paper 6s, Certainteed Products § 18 RN National Dairy 5%s and Co: Walworth %8s '35. Investment 5158, Efforts to sell blocks 55| Weant K1eo Ba voes s of these bonds have produced an ap- Westn Union bs 51, £ ,:m poses have been falr, but not extraordi- h 401% [nary. The newest trend indicates that " k instead of sel the cattle to the feed increase in ‘ { 4 i ) EASTER WEEK e raisers are renting i o . ke VISITORS tisfactory returns on the cattle mar- 1 B R e L LT e PR - P R T A~ n o e 1 medux 3 4 5 S —will find just across the m;%"m‘wmg’ el m lut:r'unud r ] street from the Federal ;fion is still falrly favorable to the pro- pared with $3,690,000, ; Treasury Building, the The top has been cut from around e Our facilities in- : - OLDEST National. Bank 1SN0 EIAN0 S0 D de U chRL sure prompt serv- d in the District ‘of Co- 100y | Quality. The general run of beef m' ice. Ample funds | = lunrbia — “The - Metro- 108 " |by most people has pretty well refle cents available for con- politan.” ts : pearance of greater weakness than act- | Bremen State 7s Westn Union 63%s.. . ually existed. The sequel has been o3 | White Eagle 0 6%8 102% | 1ok ok Tt e Pvery g Ty oesen first two months struction or refi- o 3 e eul 2 " . some sharp rallies when bids have been Wiison & Co 18t 63. THI Do B 15 s on i Toatier, SR nancing. I : fWe have been serving put in the market. 3 Toswi. 23 10 9% e Z There were, however, today continued 4 Y s e 2}:-:.‘1’1'; m‘i‘n:’mn?’:e?w.fi:l l‘x: Low rate of in- the Capital City for well offerings on a large scale in the com- RAILROAD. v S Merclal investmeny rust 5%s, which Atchison gen 4 9t A1 e T o e terest and com- » over a century, and vision broke to & new low price nearly 10 0% | Aton aeb o34 e i e basienopmiyel TSRV Toi O Fo by Meh‘O °lltan greater usefulness to the Wm\srt‘lxlx;ld"'?r: l&tc:'kflfl‘::"- Atlantic C L 1st 48, 15 91% | Jile to hold their cattle for &vantageous 5% LOANS 5% | p city in time to come. conve mg‘s‘ nflegwd & mdem B&OGoId 4 914 | prices, and there is little chance of the < 3 a 115 Years 115 Years ugar B & Oev ek 964 | Parkets belng flooded. On High Class Residential Property . I'. DAl 0. oo Bank 1 e Deid- o Savi B & Oref bs The situation has begun to show im- Write_for Booklet 3% Paid on Savings .2 B &0 6352000 D..us s - ) ; 15th St U. S. T . : BNt e St Haeots | Jos: W. Brooke & Co. ||| ‘M- 2100 925 15th St. i have not shown increases, but have re- ce- mained about stationary. Moreover, the 212!;:;";"-!;::‘;:"!’]“. - tlons, with prices quoted at nearly the lowest figures in the history of the in- dustry. United States Government issues were quiet and steady. A specialist in these bonds says, in a circular, today: “At times scarcely any recognizable market exists and sales or purchases | Dutch East must be arranged to the best possible | Duteh East 1 momentary advantage.” About $7,000,000 of new municipal loans were offered today at prices that would have startled the municipal bond dealer a year ago. e METAL DECREASE. NEW YORK, April 4 (#).—MNMetal sales have exhibited a marked slump in the past week, though lack of demand has had little or no adverse effect on leather business is sho improve- ment along with . the activity in shoe | == — factories. The period of poor hide o Brookiyn Elec 2 4 ty is now past and those in close ich > Y \ Brooktvn Ei with the situation feel that leather and l OANS | Bhirn Onr ¢ iRyt "the it Sevply b s : ' Tt o Vit hmueg " "oe PPV 1 S\ Let us have your applications An ELASTIC MEDIUM Can Nat 4%s 30, G e L for n Vs W al xas live stock ustry, = A h " [since ‘the northern Mexican ranchers LOANS ON REAL were spending no small sums for ani- ESTATE | of mals to build up herds. depleted for political conditions. e BB RN BN RO A e — 2o pweadn years by disturbed Immediate Action b’r‘?yemgrasem fighting has stopped this Courteous Treatment . There is no oversupply of cattle. Inifl Our record of 35 years | 2 FINANCE r Cent Fac 1st ' fact, there is less live stock on farms|[| speaks for itsclf. he pronouncecietaup i actvity. with ‘ Shesa Corp b3 : iodsy than s usoal ut tois tme o1] Percy H. Russell Co {he Easter holldays a conmbu:l'nhi face ; : B e R ear. This is an argument in favor of €rcy Ii. nusse o tor. Some copper business went throug! e e at 24 cents, delivered Connecticut, thus g 7 1731 K St. N.W. The most elastic medium of FINANCE for the jobber, whole- mam!&lnm( t}kludp‘flce t!:t the pnlk figure | u, T DIVIDENDS. - recently reached In e current move- | up, 2 st » . " . g 7 :2'?.:%:0 s ng_ By i saler and manufacturer is one that will expand and contract t] la 3 3 ‘pid. 1 y . . . Erie docks 1o Interior furnaces Increased | New oo Wa ey : B e s i | CompLeTE Financing with his seasonal requirements. to 787,815 tons, compared with 417,384 | New So Wales §8: s dfil(‘“fln . ¥ =l! tons in March, 1928. N 1 X a il T ) ‘ 1 " —— — May r = : . bl P e principles of our plan meet just such requirements. POTATO MARKET DULL [\raty the. e Ist & 2d v % AR, TRUST MONEY Wire or write for our refresentative g ay 1 Apr 19 R My 1A D J i CHICAGO, April 4 (United States De- | Norway 68 1944..., 2 3 Amerada_ Corp. partment of Agriculture) —Potatoes— | Norway 638 1952.. 5 2 3 %?.'&'lfyg‘}i Receipts, 72 cars; on track, 262 old, 45| Orient Dev 5148 °57. 12 CRIPac4%swl.. new; total U. 8. shipments, 588 cars; | P 9 1 Chi Union Sta 5s 44. trading almost at a standstill, due main- Ly-Med 1y to controversy between jobbers and | Paris Orleans §3s.. receivers regarding adoption of invoice | Peru6s6? wi..... weight “instead of outrights; market 5 CCCaStLrtesh, nominally unchanged; slightly weaker 5 Clev Term b8 on new stock, especially barrels. Wis- 2 12 Suba RR 7% x consin sacked Round Wh'lr:h{ewl')‘sl:lfi. Cuba Nor 548 cts.. 55265; Minnesota and No ot Y 3 sacked Red River Ohios, 75; Florida, |F s Del & Hud ist rf 45. barrel, Spaulding Rose, No. 1, 6.50; Texas sacked BI Triumphs, No. 1, Rhinelbe Un 7, —_—————— :mnnw-l EP és's2 9 A hineWst EP 65'63 3 A Washington Stock Exchange| romewst £piss0 2 Duluth 8 & At 6. -~ SALES: i et oL 93 | Erie Gen 4s. “pn o Gr Do Su 5% 105 w?ganf;oo (‘;tasmzs‘s A"—$1,000 8t/ pome 634s. .. 89% 89% E::: g:’:‘;-‘:fwl 2 2- . | San Paulo City 8s 3 Erie conv ext 78.... Washington Gas 6s B—$1,000 at 10434, | 550 Paulo 88 1936, Fia East C 38 7 $500 at 10454, $2,000 at 108. Sazon (PW) e Potomac Electric 6s 1953—8$500 at 108. . - Giand Trik Firemen's Insurance Co.—100 at 40%. S Great North 6348 ”“:"tl'fi)’;efic‘““ ls’g' ptd.—8 at 108, % Great Nor gen 7s. a 3 a . Merehn{n.s' Transter & Storage pfd.—10 Hav El Ry §%s 51.. at 111. rgenthaler Linotype—10 at 1071, 5 at 10714, 20 at 10715, 5 at 107%. AFTER CALL. Potomac Electric cons. 55—$1,000 a Int Rap Tr 6a stpd.. My i h (b)u“ildlil:;‘:nd.pb.:;:: ey - ies. No appraisal 2 . : 3 ‘4 . i idn| | R e The Finance Company of America May 1 Apr 18 i s Real Estate Mortgag AT BNLEIMONE 180 May 15 Apr 30 . % susen|| & Guaranty Corp. COMMERCIAL BANKERS 24 Jackson Place Main 1403 Munsey Building . Telephone PLaza 8450 S oo 5 Bavaux o 00 Yoo oo oop 000 OO - 4 Apr 30 Apr ‘i ; T ’.§h No7 a8 201 150 May 1 Aor 20 125 May 15 May 4 .13% May 1 Abr 12 @ R M AR B | vaw ey AN R 125 May 1l AB!“ 100 May 1 Apr Bt do ptd. Mandell Bro: McCrory _ Stor ‘oD Nat'l Suppl Srmmmplanwiczao o Spiegel er, e Waler Co §% conv b Viek Chem Ce. o 00 00 0 o0 |00 o0 You Get c.m‘,};won Co.—45 at 98%, 1 at| 7 o Int Rapia Tranda. 19 77 76 :“ o i et :““ 50" I wfiM Rwy, & Elec. pld—45 at : Int & G Nor 1st 6 : | ! : M\*“‘n‘ pof i 100 nvestments e 0 L 191179 97%. Int&GNor adi 3 43 SALE_ OR_LEASE as n Gas 000 at 101, 2 ] Terminal Ref. & Whrs.—20 at 51, 20 at Abnmu;"r.lSCELLAN‘E‘flus{om Kapsad Oy B8, +. build "a business home to sult your Y < ¥ o ut ; u&“. o8 ok 3 [ ] ' 51, 30 at 51. Ki 8 96 AFRI ; G k Washington Rwy. & Elec. 45—$1,000 at | 412X Rubber AT AUSK 103 Kan City Term 7 1016 1en o i e Main 9080 meric® T e 86 Alloghany ev 68 w1474 101% 1004 Lake S| 3 b M Potomac e, 5% % pfd—2 at 1071, | AMAETIChem 7%s. 10 104% 10415 s Bhose dad) — jo' aed? ° mec Fec. 318 % PId—D Y 1077 | AmChain6sta.... 19 98% 98 LehiVgen 4%8 3008 o (sess°P Am Cotton O 5 9814 - Bid and Asked Prices. et gy A i Lehigh Val 68 2003, S. ‘Am NatGas ¢ %8'42 Louis&Nash uni 4s. & v ey Louis & Nash 63%s. ' Bid. Offer. 2 % Man Ry 1st 45 90 9 Market St 78 40.... M!IEI Ry & L 68 51. Mil EI Ry & L5 61 Financial editor points Minn & StLref 4s.. “Conveniently Lu’gud on 14th . $ K - Azseonda i E At 1529 106 50 FeW. Dec. 30 || 50 i ot out remarkable diversity Armour&Co4%839 90% 90% | M St P & SSM 5%s. : Armour Del 5% 2 MK&TI1st ie8: o o{” “fl\' F . Atlantic e MKETprints Ty et e in single purchase o Bel) Ter Pa 80 B Mo Facite gen .. Money Available for ‘”W L e . g P f Bell Tel Pa68C. ... g FIRST DEED OF 5 : “Mw:;‘. (% Cities Ser‘l/ice CQmmo" o eel rf 5s. il o s iaiL s o . 3 TRUST LOANS e wiod i Stock ‘| Bush Term Bldg 6s. 1 100% NR M % 57 anat. 4 On Completed Properties and || Amer- 2 Certain-Td§' s 12 70 N Y Cen gen 3%8.. for Construction Use’ g 8 954 NYCentdsd2..... Reasonable Interest and 107% Commission Rates of apwipsper' i | JAMES F. SHEA S aats 643 Louisiana Ave. N.W. Wasbington Gas . BN Eist : 1 P Elec. %% Y DetroitEdison5s40. y 8 Detroit Edison 6s. the above newspaper clipping a financial expert has illus- IN tntedl by di-lo&s: go un% diversity obtained through in investment in Cities Setvice Company Common stock. It is a fact that when you invest in Cities Service securities, {ou invest, not in one enterprise, but in more than 100 located n many sections of the country. It would be necessary for to invest ‘many thousands of douaninchemufiduofgzym to obtain the geo- : phical and industrial diversity which you may obtain by an £ i investment in this one company. An investment in Cities Ser Furthermore, because of the centralized management of the protects you Cities Service organization, you are p: 3 loss of -phndnhr‘-kpf 'Y-u, lnypcnofymyfindpfl;tinmm:fiyd. :l:-dnl;m one of J00e s th o mfl':‘:‘x ; Z;ud(:ol;myqum 2 oum| adepen: oper- i A 1 s:?d:fi:?lfi‘l:.dz;‘:‘:l As an owner of Cities' Service Common stock you have the over 33 States and doing s satisfaction of kwmni:u you are a profit-sharing partner day-and-night business in in an organization that has steadily grown until its assets.now modern necessities—in elec- rank among those of the ten largest industrial concerns in the It o ) products.’ : '’ HENRY L. DOHERTY & COMPANY ; Fiscal Agenss for Cities Service Company Southern Building, Washington, D. C. Branches in Principal Cities s s i G o G G G G 2 S G S G G s S ) . D © ‘describiag the lavestmeat possibilices of Cicies Service : . 1 SR S AT TR | W”d-‘—“-a{-—‘.—‘-.-- euHLaN T~ - National g ? trict coln ion o Nortnern Pacific Northern Pacri Ore Wash 1st 4 Pennsyl gen ¢ . Penna RR 4%3s'63. 1209 [ DT Sadrons & TRUST COMPANIES. American Security & Trust Co.* Continenta] Nitiom Bavings & frist " Tnion Trust Washington 96% | Pennsy) goid T; Philippine RR 48 PCC&StLb6sA.. Read!ing gen 4 RIArk & L4%s. StLIM&S 4s29... StL 1M&S gn 6831, St L IM&S R&G 48, StL&ESFplésA.. SPra%sis. BAVINGS BANK. Bank of Bethesda Commerce & Savingi, East ngton. . Potomae _.. Securlty Savin Seventh_Stree 0nS rreelBeSs S canumabBrar~ suZBrolunmnnls G&EB . Kendall 5%s'48 - uadt sBEZSo. BEEEEE E=C P - T~ ardz H 00 100 1004 % 5 i g 02% 102% 1029 , o4 a0 ST s : g i. :si 4 100% 100% 4% 104k 104 | U0ion 100 100 100% 100% H