Evening Star Newspaper, April 18, 1929, Page 14

THE EVENING STAK,"WASHIN&TOE ‘D: C, THURSDAY, APRIL 18, 1929, Mortgage Money Loaned BANKERS TOHEAR || NEW YORK STOCK EXCHANGE, ierstrrasees | (RECOVERY INSTOCK | Mortsee ons ommed | AWK CONVENTION RIS e e PRICES CONTINUES | Toer & Ratherird AAéfi Low. Olose. Y% 49% 50% Volume of Trading Also Gains as List Takes Upward Trend. Amerada(2).... Am Agricul Chm Am Agri Ch pf. ¢t National Bank in Capital, Surplus & Undivided trict -of Columbia Profif ts, Over $2,300,000.00 3 Am Republi Am Saf Ras Am Seating Am Ship & Com Follansbes 13% . Foundation Co. . Fox Film A(4).. Freeport T (4).. Fuller prpt(6). Gabriel Snub A 64 101% 23 13 884% 5% 65% | NY NH&H pf(7) 9 | N ¥ Ont&Westn, N’ tm 1st p£ 7. 101% | Nort & Wni110) 23 NorAm bl0%stk 13% | North Am pf(3). #9% | NorAm Ed pf(7) 75% | No Ger Lid 3.41. Univ Pipe & Rad 1.5‘5 l:fl- test. Professional Wall Street, more or Utll P&L A(e2). 2 3 less skeptical, offered stocks freely for both accounts on the theory that the recovery had been purely technicai and did not indicate a resumption of the main upward movement. The list hesi- tated, but did not weaken and before || noon it had turned strong again. | The independent steels were prom- || inent from the start. Bethlehem Steel ||} tee, is well equipped to shoulder future respon- lities for you. TE——— = fConsult OUR TRUST National DEPT. about your Will and the service we can . was the leader. Opening above 112, it MetroPOhtan render those you pre- Vulcan Detin(A) ran up to 114, not only a new high for || ' 115 Years decea 6 69 | on well Supply g.u-n E: 1:29. but the %'&m:fi“llkm: i llso}deau Bank 35 : ; 4 R ‘abash pf A(5). strong group was ‘worl 114 1174 | on weil sor. .. waldort(1ig)ers " in the slock "but,sside fom thal i 15th St. opp. U. S. Treasury 3% Paid on Savings .o 9 2 pr est for e first quarter L T 1% 1% | Oppenhm-Col(5) Ward Baking (A ran over $4 a share on the common. Ward Baking B., g 710 | DeereaCo pre7y. 122 1224 122% 122% | Miami Cop (4) i 45 45%|Thatchrpf3.60. 42% 1520 K Street Main 4 Street e 95 | Debenhms(2.91) 3R 38% 874 87% | Mid-Cont P(2).. 35% 35 | The Fair2.40).. 384 1528 14th St. N.W. Doc. 3320 G Adv Rumiey bf. 934 | Oe1 & Hud(9) ... 187 187 | Middle State W% 4% ' 4% The Fair pf(7).. Money to Loan e —— - C. H. Pope Will Report at|Ahumada Lesa 3 |DelLa W 204 128 1204 | Mid Suatescura.. 3 e o | Ehard Avenne. bl G | Alr Redctn (43) 106% | Nen npt. !ller Rubber. .. owater Soonned i : Devo&Rayn(t3). 53 63 53 |MoKan&Tes.. 474 '47% 5% TIdWASOIIDt (63 ""‘i.‘,".'vj“"" 55 Weak L8 ¥ Dinner—Meeting at Co- | Alr Way &1 ) Diamond M (8). 142 142 | Mo K&Tex pf(1) TidewatrO(80¢) Joseph I Weller fi:! ‘o & P N 5 Alaska Junea 6% tl;:‘r:ulmnum. i u:% “ga ;J.mrl:‘:?el(::. ~ Tll:l‘r‘-r:rnl ::).. s i e e i & v & Ine(4). ... rts). Lol VL4 et us ha: ati lumbia Country c'Ub' :l‘lbl.lnl};r;’grfi. Dunhill Int (34). 4 67% 67% | MoPacific pf(5). Thacco Prod(A). mma SERIAL B e T Lo Alleghany pf 5% Dupont de N(4). 179% 179% | Mohwk Car 2% . 2% | Transcont Of1.. . BY EDWARD C. STONE Allaghany@(e. e el i ) e Teieo Prodtain) BY GEORGE T. HUGHES, BUILDING ASSOCIATION . 3 X! urham Hos. ... . o - It was announced this noon by C. Aliea o i Durham Hos pf. 42 42 |Mors&Esk(3%). TruaxTraer 1.60. 22% 22%_ 22% | Special Dispatch to The Star. 7th St. & La. Ave. N.W. . Pope that the annual Spring get-to- Eastman (18). .. 176, 177% | Mother L (4¢e).., Undwd-EI P (4) - 117% 115% NEW YORK, April 18.— With in- sy Immediate Action Bates Axle (3 65% 67 | Motion PioCorp. Un Bag & Paper creased volume, stocks moved ahead | 62nd Issue of Stock Now Open e ot e Do Ritmgon a1 33 O e s Union Carb($).. 224 23 again today. Money was easier, the | ‘for Subscription Courteous Treatment Stk IakaRs® AR Elec AutoL 143 148% 148% fl":f:wm‘”u Un 01 Cali2)... 5 53 | market had made friends for itself by Our record of 35 years . : k Ilectric Boat. .. 1i 15 o L Union Pac(10).. 2 its demonstration in the previous ses- | 7 Loaned to Memb: speaks for itself. saciation will take 3 Mullins pf (1) ' b oney 0 Nembers . ; o1 s boldened to place at the Co- Am BrSh(h1 '“'y?""‘""' o ?v.'.'.':'t'f"fi'i." 1 ;penn' m; :vne;e.c::.“ :!2:411 or”tsung E,“y Mfllfll]y P. nt: P H R “c° 3 m Br &Lt nf(7 0 0 01 nl 3 134 imble Counthy Am Brown Bov. Blos 8tor B (5). | Utd Air & Trans 110% 103% favorite industrials made new highs. - Sy ercy Ii1. husse g e Am Brown Bo pt 7 ik Horn....... R ; Utd Air&Tpt(3). B 77 At the same time the trading was e 1731 K St. N.W. “’}'}m ‘L e dot Am Can (t4)... Elk Hornpf.... 9 9 9 9 33% | U1d Blw:uit 160, 47 46 quiet, the market never showed signs st the iation’s :mc‘;l;"llfl(v;l)- Endicott pf(7).. 123% 123% | Nat B':lln ll-l t’l. Utd Cigar St(1). 2;% zgu ':anhrun&m away, the Jllck;r was up it = 4 s e A Eng PubSer(31). 49% 50 49% | Natl Riscuit(17) . 4% Al 4 ess on the floor prac- most important Am Express(s) Eng Pus = . Pr6Y. 90 | Nat Cash Reg 14 Utd Fruit (¢4).. 132% 133% 132% tically all day, and, except in a few 51'41"1"‘!5“ 0“]'"" Am & For Pow.. Eng PuSpf5%. 96% 96% | Nat Datry (33). Utd Paperboard. 21% 204 high priced issues, there were no spec. w 2d. o RR. i % Ti% : terest because of & Am Hawa SS(1). Erle 1st pf. 59 3m'Nu Distillers pt 18% 18% indicate the establishment of a trend. announcements re- Am Home Pr(3). Eureka Vac (4) 50% 51% | Nat Lead($).... 15! 16% 16% Features in the last hour included 3 o narding the annual Am Ice (13). EvansAuL 22%. 62 62% | Nat Pow&Lt(1). 50% S Nash Motors, at a new high on the re- || 4 a Fope """ generai A LasraFoam s 2 e Aen 7d . 504 36 303 | new and oid, Radio ahd Tellow Toack Z B m ' ‘oam al .. Y new and ol ant ‘ellow ic] 2 Fashion Park. .. 70 70 d / of ofe;e e e X Mo [ P 2R | e 555 224| Sioe rces tor the mis,a Responsibilities large amount of information at th!l[Am M&Fpfew7. 2 Fed Mot T(80¢). % 1% Nat Tea (1%)... 50 49% lguc. ‘were almost mln(ormly higher. || ‘me. 1o Am Ma & Fy (1), O uam | Nevada Cop (3). ; y 9 99 99 Volume increased, showing that the out- || . h > Htarmoon, the ususl prizes being offered. | Am P & L (11) A 6% 86 |y Central(s). ; % Bl S Bhet N S S Nt the provider passes on— ~fternoon, the usual prizes g 3 D.o 963 o e s Uiy A v 4 turnover was 621,600 shares, or more d As the meeting comes on a Wednesday, | AmP&Lpt ata 6. Fisk Ru 50% pd 1 T N e 0% 60 than at any time since April 1. So- as some day you must. {he weekly luncheon at the Willard | AmPo&Lt pf(6). 3 B N Y CStL pfe6). U1 8 Steel(7). ... 1862 1¥4% 185 | called trading favorites advanced under {The Metropolit will be omitted. This will give the!Am Ra&Std San. Pl SRS 9 B0 50 INYDock....... U 8 Steel pf(7). 143% 143 the influence of this demand. 1 i < .E o "-‘i- s cxpert xo‘g:rs tl{:e alfm‘;:ny 'um; ‘lxlm;s Am Ry Ex(6) Fleischman 3% ™y T2 ;{A“H‘:é‘;:z"‘-; Un Plo 1st pt(8) 864 86k Then the market met something of a ||} E your Executor or Trus- prowess before the rings for dinne ) Last year more than 200 of the lea ing bankers in the city attended this dinner. Even those not going to the convention find the meeting unusually cnjoyable. It gives them a wonderful cpportunity to repair their friendship ences, to mingle freely with other hankers wfhtokl:‘ they rarely see during ek ihe rest of the year. 6 3 133 | Nortn Pac(6). The dinner is being arranged by two | Am Sumatra rts. 5 b e £ Gl ;1embers of the association, Mr. Pope & Cas). 4 99 99 |Northwn Tel(3). ising assisted by Lanier P. McLachlen, | Am ;"*T“"’ 2 0 is second vice president. If there |AM T°:'°f5.‘"- ite any speeches at the dinner, they | A Tob p(6) ill be very hrl‘ell.bevae:'Mdhlsh treas it n‘;‘“; ~ry officials wil nvited as special ien GEEI A 1%. ;uests. The committee expects the | jm yW&EI(Ch. Eeaaasicigh ey e | e pLeh). The Street has hopes of a higher divi- m Woolen pt.. " e ceee Ward Bak pf(7) dend, if not at the meeting this month, iargest attendance in years. Am Writ Pa ctfs en Mills (3)... 4% Ta% | Ouis St A Warner Bros Pie then later in the year. Seyboth Manages Bank’s Branch. |Am Zine... Gen Mills pf (6) 97 97 | Owaens Bot (e4). Warner pf(2.20) Optimism toward the steel stocks was Am Zine pf Gen Mot pf(6).. 109 109 J. Karl Seyboth is another of Wash- S LHLRE 00 108 | ocinoans 2. ington’s younger bankers who hes ad-| Anaconda (1) an otoen 19), % H Gen Mot pf(1).. 124% 124% . vanced ;:‘g:glf\z tg“:echm:g‘% manager s ey K 36% 36X Warrn Bros (15) net for the common during the first ¥ 1 1 Gen Ry 8ig(5).. 102% 104 1 arren F&Pive. 19 quarter equivalent to $3.03 a share. anager of " the ~Second, Nationa's e Gen Ry S pf(6).. 105 105 |Packard (13%).. Eis 5 Crucible responded to the intimations ant 0Ol %1 G, Pan-Am Petroim y 60% n O1l (2) 4 38 of a higher dividend also by a 2-point W office building which the bank her Daniels, Gen Refrac 13%. 0% 1% - of s T e B e | Anwaus 11AY: Gillette S R (5). 111% 111y | Pan-Amer Pet B ol on O pt ¢4 64 % LONG WILL ‘STUMP’ New York Stock Exchange Glidden Co 1% . 47% 47% | Pan-Am Wa B, W Penn El pf (6) 974 r. Seyl s al e RIS RS & Washington Stock Exchange Practice of Richmond Stock Exchange 24 Giidden pr pf(7) 104% 104% | Paramount-) West P Po pf(7) 1154 115% i banking. He went with the Second e Gobel (Adolph). 43 1 e | park & TS West DairyA(4) 52 52 ..ational on lanuary 'y g & New York Produce Exchange New York Curb Market Warner-Qu(z increased by publication of the Repub- | Warner Qu(rts) 9 1% 1% 1p|lic Iron & Steel statement showing G. M..P. MURPHY & CO. New York WASHINGTON Richmond Philadelphia Gold Dust (new) 65% 66y | bark Utah(30c). West Dairy B... 28% {iessenger. But he did_not nml: - :‘;;L;:H & Gold Dust pf (8) 110k 112 |Fatne g&. w ot :;r’ydll:!a. i s tg,:tva??:&tsm:épsfll:ntl.ldxe‘égd AssoDryG(23%) el 8 lu | Patino M (2.9 West Pacific. ... el a assistant cashier, in 1919, and was | 4250 O11(2). Goodyear Tire. . 1385 133 | Posrisas Motar. . o Rusitioe % b8l 57 i-ansferred from the main to the UD- |,/ Gule s WI. . Goodyr 18t pf(7) I 103% 104 | CoHe °m~)- b mu:(n’z" 193% 19215 >wn office in February, 1924, later be- [ 41} Guie pe (4).. Gotham H (23). . 58% 684 BT, w“""n“(:))- 50 48l i1z put in full charge. Atlan Ref(11%) Gould Coupler A T % e BATR ;ig 1491 His entire interests center in banking. | 340 i ple 42 e | Graham-Paige. . 37 38 n Electric. 5 8% 17> was born in Washington and edu- | (520000 8- Grhm-Paige ef. D ety bl g e, dox son ated in the public schools. Like 0,10 powaeris) Granby Min (7 % 85% 85W|pore'Marg (18) Eagl Y * rrany other bankers, he has completed " Grand pf(6%) 108 108 M :_lm“')" gle(2). 36% 36 By the Associated Press. +sany courses in the American Instl- Grand Unon. . y 244 264 G : White Bos: 474 BATON ROUGE, La. April 18— ite of Banking. The Gity Club s the Grand Un pt(3 8% 47w Lt WA Frir Preceding every major battle of his e St Nortn pech 103 104 Wilcox Ofl & G 204 230 | carriea his cavee. before the peogle of Fee C Gt Nor pf cfs(5) Wilcox (A) 3% 3 41 e Bt G e Ay o Local Stocks More Active. GrNorOr efs 3% Wilcox Rich B. . 3914 Priends at hte Capitol today said the The return of sunshine to the finan- Grt Wn Sug 2.80. 3TH 37 | pailies B (108 b 6% 264 imj nt case against him would «'al district, or some other equally im- | Bang & Ar(3%). Greene Cana(3) 161 161 et 405 2 UieOvanet. 98 98 be no exception. The governor has not “Srtant happening, resulted in & gen- | Bang & Ar pf(1) Guantanamo pf. 50 ¥ g0t | SRouRIS HENEY Weolworth (6).. 219% 2144 announced the itinerary, but admin- -al broadening out of trading on the | Barnsdall A (3). Gulf Stat Sti(4). R e Woolworth new. 8915 86% et advisers said thy: nest, month - 7ashington Stock Exchange today. The | Bayuk Cgrs (2) Hack pf A1) Pierce-Arrow pt Worthn Pump... 4814 49% 48l 1a rety ~ :arket opened with Capital Traction PLAUIR).. Plerce Ollu.uvas. Worth Pump(B) 2 170 would carry on a speaking tour {selling at 99%. The next bond sale Hahn Dept Stor.. Plerce Petrotm. . Wright Aero(2). 254 249 throughout Louisiana. .as in Potomac Electric Power 6s, AR LIADIIS. Pillsbury (1.60). Wrigey ((13%). 72 721 72 Gov. Long apparently has given up +hich registered 107. 30) . Wi Ha El R Yale&Towne(4) 9% 68 all hope of lt:mmlng‘hve.he tide on im- ashington Gas 65, serles B, moved | Bast & Co(d). ... Hay 6o Body. Yellow Truck... 46% 49% 46% e i e o iBssmfiedsT;Tuc':fi&fiu:;'} %% bonas g:::‘;?:f;:’::z Hershey Corp. 3 Por RicoTOA(7). Young Spgs 1214 62 6i% 6ln sm?——mn'z— REPORTS. <1 at 105 in a $4,000 turnover. Dur- | nioomingda Hershey pf(4).. 5 90 | PortoRIcoTobB. Youngstu Sh(6). 131% 131% 126 K session Washington Railway & | BohnAl&Br t3% Hoe&CoA..... 174 | Postal T&C pf 7. NEW YORK, April 18 (#).—Unfilled F F. i Hollnd Fu(e23) 4% | Postum@d). ... 8 : i 69 orders of Republic Iron & Steel Co. et A Household(4).. 681 | Prairie Oll&Gas. 2618000 2:15 p.m 2958.700 | on March 31 totaled 425,569 tons, com gton 68 We Invite Applications For il : Houston Oll. ... 1 100 101% | Prairie P L 133 Ay with 405,929 tons on Decembe i Cas soid ex dividend at 108 on 8 8300 | Bore-warnr (4), Howe Sound (4)... 704 7L |Pressed StiCar. 221 ocDiridens aten sa civen in che svave tate | BESC UL 1 0T0/671 toms on Mareh 31, | B 1 “jot National Bank stock came OUL &% | iriges MIEFCo, fod Mani3i), @4 43y | er su car pf(1). 79% 7% | Iafest Quttierly G hali veatly decisrations. | 1938, FIRST TRUST LOANS on Improved 31, 50 shares of Columbia Title InSur- | British Empire. . 56% 56% | Prophylactic 4. fa7 preferred a0 | OUrment operations of Betbletiems | Property s IN NEARBY MONTGOMERY €O. AND ¢ Hupp Mot(£2)... o1 . sold at 13, D. C. Paper Manu- | Brockwy Mot (4 - 3&';.%."2:2 R T at 83 and smal | ATyn aanter filinots Cen(7). . 1305 1aen | Cublie ey 200, SEN0 is vear—po 1o ; Eay- | capacity. The directors meet April *Jts of Merchants’ Transfer & Storage | BklynUnGas(5). 1nd O & Gas (2). . HBY - Z8H | Hup R DLLS). . K4S 4 | 2ble ‘When: carned. e Fayi 25 for dividend action and to announce ! 2 us 10% in_stock, & Pi THE DISTRICT OF COLUMBIA AT 51/2 0fp INTEREST (Minimum Commission) Periods of 3, 5 or 10 Years 5 p Indiy PubS NJ pf(7).. %% 1203 | Sock.” { P O | first b | peferred sold at 110%2. BrownShoe(2%) l:ml: ::ntn(l:.)g f;» f;u, Pub SE&G pf(6) 1074 | :’l‘u‘l?el' = quarter earnings. Or, if You Prefer z The Trust May Be Made to Bear Interest at ler Linot the most | B ick B(3) 3 i sl g T -*:f‘fer?&kh.c)x:rthe‘;;’sg%epe:‘\;g at 10775 | Branawiok Ter.. tndian Refg cifs T4 46% 46% L::fl‘:lf:‘!‘u": s * 19 (ae é':;?y;-&‘l:-‘ 12‘1:; -l‘%;n.:éll.n‘ru;lyr 1?:'.’ CHICAGO LIVE STOCK MARKET| stock. 69, toInclude Commission No Appraisal Fee n t 108. The day’s sales | Bucyrus(1).... 35% 137 148 2 E ated 50 sh | e i g CHICAGO, April 18 UP) (United' FURTHER DETAILS ON REQUEST Governor Follows Carrying Cause Before People of Louisiana. Copy of our “Fortnightly Review” om ku_lut 1508 H Street Connecticut at K P 103% 104% | ppyy Morrin(1).. ko 102% 102% 30% 308 | EPllips-Jon(3).. Phil-Jones pf(7) Private Wires and Telephone fo New York Belding-Hemwy. Two Interesting Plans ~taled 150 shares, and during the ses- | Burns Bros(B).. u:x'a the stock reached 108'i. National | Bush Term(g2). I‘:::f';::’:;_‘-‘%’ States Department of Agriculture) 1:ortgage & Investment preferred came | Bush Ter de(7). 4 Fotaiess A"l: . Hogil—fingcei‘pu.t ~:u,m)(; thmd, includ- ‘.E'?g;e?lumsub:e:‘:t 107} 2 > Butterick &. o int Cement(4).. 86% 88 | Radio-Keith(A). at decline; top 11.65 id for a few “The mlrkpg:lmd with Woodward & | Byer & Co. Int Com Eng(2). 78 4% |RSCefs(4)...0 77 By the Associated Press. loads of 180a230 pounds. Tothrop selling at 110 and Potomac | By-Prodets 12%. Int Harv (2%).. 108% 109 | ReadingRy(4).. Chesapeake & Ohio Railway has| Butchers, medium to choice, 250-300 T P ‘51/, cent preferred 1ot Harv p£(7).. 141% 141% | Reading 2d(2)... awarded to the Richmond Car Works, | pounds, 11.15a11.50; 200-250 pounds, . e Calif Packg (4). Int Mtch pt 3.20. 85 8¢ 8¢ | Real Silk Hos. .. Inc. contracts for 577 steel hopper gon- |11.15a11.65; 160-200 pounds, 11.00811.65 H Ya. té:mn.n Zmne... 2% % 2% . 6% 64 | Remingtin-Rand. dola car bodies, to cost about $925,000. | 130-160 pounds, 10.15a11.60. Packing B. & O. Offers Stock Rights. lu & Aris (6). int Mer Mar pf.. 48 48 |Rem-Rd1st(7). sows, 10.15810.75. ‘medium to Radio Corpn “The Baltimore & Ohio Railroad, sub- | Sal & Heclact)... Int Nick,Can 806 - ~ct to Interstate Commerce Commission oproval, offers comtmon and preferred ~‘ockholders of record May 1 the right +1 subscribe to 411,077 additional shares « 7 common stock at $100 a share in the atio of 15 new shares for every 100 « mmon or preferred shares held. Rights ~:pire June 20. Payment may be made 1 full June 20, or 50 per cent at that ‘me and 50 per cent December 2. Proceeds of this issue, approximately #11,000,000, will be used for current re- . uirement and toward an extensive - rogram of additions and betterments, ncluding ungokvmnu at several im- rortant terminals. On basis of Wednesday's closing price ~7 123 for Baltimore & Ohio common, hts are worth, roughly, $3. Heard in Financial District. 4 Vice President John M. Riordon Bank of Commerce & Savings, has “~en entertaining his brother Raymond, ~ho is at the head of his own private <chool for boys in New York State. He +-as formerly connected with the Wash- i>gton schools. ,qst:lesd a new issue of 200,000 shares Third National Investors Corporation a share was Can Dry (t4%). Canad Sou(3)... Can Pacific(10) CannonMills2.80 Case Threshg(6) Case Thr pf(7).. Cav Dobs pf 6%. Celotex Co (3).. Cen Aguirre(2). Cent Alloy:2).. Cen Ry NJ(t12). tury Rib M. . Century R pf(7). Cerro de Pas (6) Certain-teed Pro Certo Corpn(3). Ches & Ohio(10) C& O Corpn(3).. Chi & Alton pf. Chi Great Wes! Chi Gt West pf.. Chi Mil & St P.. Chi Mil & StP pt Chi & Nwn (4).. Chicago Pn Tool. Chi PTpf(3%). Chi Yel Cab(3).. Chickasha(3)... Childs(2.40).... ChileCop (3%). Chrysler Mot(3) City Stores new. Cluett-Peab(6). Coca-cola (4)... the | Coca-Cola (A). . Collins & Afkmn Int Paper pf (7). Int Pa&PoA2.40. Int Papr & Po B, Int Papr& PoC. Int Pa&Po pf(7) int Prig Ink 2% Int Prtg Ink pf 6 intl Salt(s). Island Creek(4. Jewel Tea (16).. Johns-Manvid). Jones&Lau pf 7. Jordan Motor... JordanMot (rts) K C Po&LtB(6). Kan City Sou(5) Kan C So pt(4) Kayser J (5. Kelly-Sp! Kels Hayes(2) Kelvinator Corp. Kendall pf (6).. Kennecott (4)... ney (G R)... ney pf(8)... Kolster Radio. .. Kraft-Pho(1%). Kresge (1.60)... Kresge D S pf... Kreuger & Toll.. Kroger Grolel). 87% 30 184 13% 84 53% 9% 83 251% 6 33% 5%, 138 180 121% 10 % 108% 83 65% 6% 16% 50% 14% 80% B4 69t 102 9% 3% 30 | Rep Brass A (4). 18% | Rep 1 & S(4).... 14 |Rep 1&Spf(7). 874 | Reynolds Spn 100 | RhineWE(1.92). 83 | Richfield Oil (2). 6 % 33% | Royal Bak P(1) 55% | Royal D(a1.336) 138% | Safeway (3) 1 153 | Sateway pt (1).. 122 |StJos Leaa(13). 10% | StL & San Fr(8) % | StL&SanF pt(§) 1081 | StL&Southwest. %3 | Schulte (h3%4).. 66 |sSchultepf(8)... 1 Seagrave(el.20). $7% | Sears-Roe(13%) 503 | Seneca Copper. . 14% | Snattuck FG(3). 8974 | Shell Un(1.40). 843, | Shubert The(5). 5914 | Simmons Co(3). 1023 | SImmsPet(1.60) i Sinclair Ol 12% Sinelair pri8). .. 1 91450 Po R Su 1234+ 32 |South Por pf(8). 252 | RioGrande Oll 2. Ross 2 Power Co. have voted to increase the 4,000; gene Founded 1907 Pigs, Stockholders of Virginia Electric & °hg‘°£&gg§;,mm-m~?°fiu BOSSMFHELPS o ; common stock to 580,000 shares from 480,000. Merger of the Illinois Glass Co. of Alton, I, with the Owens Bottle Co. of Toledo has been aproved by Owens Bottle stockholders. The new organiza- tion, representing a $20,000,000 consoli- dation, will be known as the Owens- go% Glass Co., with headquarters at ‘become company and will split its stock by is- fiye new shares for one outstand- In its new form it will be known as the Corn Exchange Bank Trust Co. Stockholders of the Borden Co. have approved a reduction in the par value of the capital stock to $25 from $50 and also a split-up of the present shares on the basis of two for one. L. A. Downs, president of the Illinois Central, reports that March gross will show a decrease of about $750,000 over the same month last year and that net it over last April and Mr. Downs believes this will continue. ,000; erally steady to strong market; 14.95 paid for both light and weighty steers; light heifers, 14.85. Slaughter classes, steers, good and choice, 1,300-1,500 pounds, 13.50a14.90 1,100-1,300 pounds, 13.50a15.00; 950: 1,100 pounds, 13.75a15.00; common and medium, 850 pounds up, 10.50a13.75. good and choice,¥750-950 pounds, 13.75a15.00. 3 and choice, 850 pounds down, 13.00a14.85; common and medium, 9.75a13.25. Cows, , 6.50a8.50. Bulls, good and (beef), 10.10a11.00; cutter to medium, 8.25a10.00. Vealers (milk-fed), good and choice, 13.50a16.50; medium, 11.00a 1350; cull and common, 8.a11.50. feeder steers, and choice (all weights), 12.00a13.40; com- . mon and medium, 10.10a12,25. Sheep—Slow; fat lambs opening strong to 15 higher, with best wool skins at 18.00a18.10; top clippers, 17.00; later bids lower; sheep scarce, steady; no feeding lambs on sale. Lambs, good and choice, 92 pounds down, 17.15a18.10; medium, 16.40: 117.25; cull and common, 12.50a16.40; medium to choice, 92-100 pounds, 16.25a 18.00; ewes, medium to choice, 150 pounds down, 9.50a12.25; cull and com- mon, 4.7589.75; feeder lambs, good and choice, 15.00a16.75. Loan Correspondent % John Hancock Mutual Life Insurance Co. E 5 417 K 8t Main 9300 4 & A 43 9/ 98 A 2 Reflecting the Universe Work was recently begun on & new telescope which will enable astron- omers to see billions of stars never known to man before. The most im- portant part of this telescope will be ,? 200-inch reflector weighing thirty ons. This mirror will be made of fused quariz instead of glass, because even the infinitesimal expansion or con- Col & ALk pf(7).. 'Col Fuel & Iron. ' uart | Col Gas & Ei(5). Col Gas (2) Col G&E pIA: o [ Son arBaGis 3 Wall Street gets that s 1 Cean N 9 19 ou Tts). a four- Lo Por cant 3% 33 |South Dairios A« 3 i TREASURY CERTIFICATES. 1% Lehigh PC pf(7) ] is being considered. pital | (Reported vy J. & W. Sel Tehigh Val Coal. 25% AT Lebn & Fink(3). and outstanding. :"f' %, 18 1 Lig & Myrs B 15 3 el Lig & Mpf(7).. Spang Chalfnt 3 e 4128 pec- Liima Locomi v 53 | Spng Chal pt Americanizing the World. 1138 get. 38 Through the aid of American labor- e traction caused by a change in the temperature of the room would cause a glass mirror to distort the tele- Co. radio program «'clock. His subject will ) scope’s reflection of the universe. Tollars,” stressing the essential part| Columbia Graph - ‘hich the investors’ money has played | Col Carbon t4%. of the utility industry. | Com Credit (2).. ‘The Interstate Commerce Commission -uthorized the son:hfi/r; Pacific czo.‘ so ‘ sue_$65,166,000 of per cent 40- | Com Inv Tr($4 - exceedin There are many securities which show the same sensitiveness to every change in the business world, mov- 16 b1 the whole world e - Stock of l'ng up or dll:;n lfi'o:!iunm ;‘oun, 1Co (3. . o ot a3 "1 May 'oreign to their intrinsic worth. But Sy e e yaa Store those investors who purchase First Mortgages through Swartzell, Rheem & Hensey Company do mot have to 7 1 Aor.15 consider such exigencies, for these y - investments are at par day in and day out and pay a steady, income at 6%. Link Belt (2.40). 55 55 b5 |Sparks With(3). £19,549,800 of $100 par common stock. | Com Power (14 £ 99% 100% | Smeer Mg..... md American 3 “snds will be sold at not less than 94 | Conde N B i 9% 10 |SpicerMfg pf(3) ‘becoming Pe- st sar cent of par and accrued interest ! Congoleum-Nair . 63 68 |3w nd stock be sold at not less than N " 223 3223 | Stand : ConCigprpf(6%) o Con Flim pf(2).. 26% 264 26% 86 86 86 [SUG&E (3%). y FAS Hunton Again Heads R, F. & P. ' Louisiana Ol 15 15 [StdG&Epfid). 63 63% T e i Eppa Hunton, r, was Teclected | ConsiGampiiiy. S04. 804 T T T e T N 80 8% a z 1 Apr.20 and director of Richme e vruldtnt o 4 Ludlum 8 pf 6%. 100 100 |StdONNJI(11%). : ke StdOlINY(1.60). Me Call Corp(4). 9% 79% | 31 Piate Glass. McCrory B(3).. 100 00 100 |04 San M(1.68). McGraw Hill(2) -4y gl McKeespt Tin PI 67 | Siwartwarcais McKesson&R(2) 55% | geromberg (39. - Malon ot A 83 S8t 38% | Studebaker($5). e o). L 108 100 105, |Stndebak peity. acy Co (¢2). 1 b i ey ubmarine Boat . 4 Magma Cop (5). u{ A1 Malitson & Co. . . & Man Elec Suply . FLH £ i i Contatner B 60c. Cont Bakirig A. 38R 4 35 May 15 Apr.27/ M B BT 175 June 1 May3l 3 g 173 Jgune 1 Mayis ‘1”0‘: imt Superior Stl rts. ¢ 175 May 1 Abr. ’Sweet of Am(1). 20% 3 i"v’H:; 1 ::rrg L t 200 May15 Apr.35 SWAthL. RHEEM & HENSEY CO MORTGAGE BANKERS 727 15 STREET N.W. / WASHINGTON D.C. 60 Years Without Loss To An Investor Coty, Ine ( Crex Carpet.... %l Man £l m2g(ds) Cresley Rad (1) 105% 107 - | Maracaibo Ol E Crown Zelrbek 1 20 2U% | Marland OIl.. . . W 42 bahomren o Cruerble ll;(‘)k 90 % :’l’u m ol Mei(6). O %0 91% | S mEton Gl A Cane Su > = uba y, 20% 22 188 © 190% | Telautogrph(1). 2 22 22% 22% 22% i ). 74 174 ‘17w LISBON, n 41% | TexasGuifSul(4) 83% B85%. ‘84w | leaso &"“ 4| Tapcao 2% 21 M 2% 2% : . Q 13 May 1 Apr.16 g5 May 15 May ‘1 %) A d‘m Vi 60% 61 254" Tex LA Tr(new)." I8%