Evening Star Newspaper, April 22, 1929, Page 10

10 = FINANCIAL.' o 'D.C. BANKERS BACK i Abrahma&Straus. 131% 133% 181 138% 1 4dams kxpi6). . 709l e 0% 730 : . | Adams Millis2) 2 oran, Mountjoy|aav Rumiey.... 96~ 9 94 N g . s T W e Ah 8 + and Walson Report In- Alr Rodotn (#3). 1064 108% 108% 107% i i % Alr Way E1 (2).. 40 40 o9 4o Alax Rubber. . teresting Sessions. Alaska Juneau 6% 6% 6% 6% Albany Wrap Pa 20% 20% 20% 20% Alleghany Corp. 354 36 Sd% BY EDWARD C. STONE. Alleghany pt 3% 100% 101 100 101 President Robert V. Fleming of the | Alliance Rift3). 90 District Bankers' Astociation, Howard | AlleChewn:.o» 288 284 388 88 Moran, representing the savings bank | Alls Cha m(?) Vi section of the association; E. E. Mount- | 0 "y oy o joy, Washington m:u;nduz) Tepresentative of C Am Agrieul e L Auerican AmAgriChpt., 58 b8 58 59 Am Bank N(13), 117 120% 117 120% tion, and George O. AmBKNDPf(3).. 62 62% 62% 62% Walson, _president Am Beet Sugar. 15% 15% 16 15% of the Liberty Na- Am Bosch...... 63 54 53 B53% tional Bank and Am BrSh(h1.60) 56 56 065% Bo% the Washington AmBShoe pf17). 1263 126% 125 125 Stock Exchange, Am Brown Bov. 30 30% 29% 80 were back in the AmBrownBopf 92 93 91 9213 financial district to- Am Can (4).... 136% 140% 135% 140 day after attend- Am Can pf(7)... 1414 141% 1414 1414 ing the Spring AmCar&Fdy(8). 991 100 99} 100 mesting of the ex- AmC&Fpf(7). 116 116 116 116 ecutive council of Am Chain pf(7), 79% 79% 79% T9% the A. B. A. &t Am Chicle (x;;., Sou gen S8u 56k Edgewater Park, m Encaus (2).. % 38 " s. They : Am Sxpress(6), 342 343 342 343 e e Am & For Pow.. 924 97% 924 96% DO teresting 1O Moman. | eFarP pf(1) 106w 106% 106% 108k sual interesting X4 % ‘e :emm}:. ‘When questioned today’ re- | Am&For Pow 2d. 89% 90 89% 90 garding some of the highlights of the |Am Hawa SS(1). 41 42 40% 40% meeting, Howard Moran said: Am Hide& L pf. 321 321 32 824 “On Monday, April 15, meetings of | Am Home Pr(3). 79 81% 79} 80% all of the commissions and committees, | Am Ice (13). as well as the councils ?r tmil dl;llslotr;‘s. RoLieeEL ) were held at different times during the day and matters of interest to each of (Am LaFr&Foam 6% 6% 6% 6% ok Am Locomot(8). 119 119% 118% 119% them were’ discussed, and the reports, Am Ma & Fy(4). 164 164 162 162 thich were to be presented to the first ¢ Tmeeting of the councll to be held Tues- | Am Metalsid). R cay morning at 9:30, were prepared. Pl el o vi Bank Council. [3) 99 104 99 104 it ings bank | AMPOAL pT(8)) 100% 100% 100% 100% “The meeting of the savings AmGALDL ota b, 50% 0% 80% 80% council was held at 9:30 Monday morn- o 5 i ios. Al committees made" their re: [ATUELNRI0r(h) J84% 164w 164 1864 ports, and the one presented by Mr. | 4 Ra&Std San, 45% 46% 45% 46 Jay Morrison, vice president and secre- 174 195 170 170 tary of the Washington Mutual Savings 8 B8 58 68 Bank of Scattle, Wash., was of such |, Seating(3).. 36 39% 36% 29% importance, covering the matter of real | am Shio & Com. 4% 4% 4 4% estate loans, that it took up the best [ sm Shipbldg a1 81 81 81 portion of the time. He particularly | Am Sm&Ref(4). 101% 103% 101% 102 stressed the importance of the monthly | Am Snuff (12)... 196 196 196 196 payment loan, and it was suggested by | Am St Fdys(3). 69 69 67% 67h him and his committee that the savings | am St1 Fy pf(7). 111 111 111 11iL bank division should adopt some par-|Am Sugar...... 79% 79% 79% 7T9% ticular plan of loan—i. e., the amount | Am Sugar pf(7). 106% 107 106% 107 as to appraisement, the rate of inter- | Am Sumatra(3). 474 47% 47 47 ect and other things pertinent thereto.| Am Sumatrarts. % % % % After full discussion, however, it was|Am Tel&Ca(5). 23% 234 23% concluded that this would be impossible | Am Tel & Tel(3) 230's 236 230} 234% 25 different sections of the country re- | Am Tobacco(8).. 166 167 165 165 quired different methods. He was in- | Am Tobac B(8).. 167 168 167 168 structed to investigate the matter |AmWW&El(cl).. 83% 85% 834 85 further and present & further report|Am Woolen. 1919 18 18% at the San Francisco convention. 454 Lo% 43 45 “One of the most important commis- 35!a 36% 35% 364 sions holding meetings during the day 9 99 ?”», 98 was the agricultural commission, with | Anaconda (7)... 138% 1414 138% 1414 a number of speakers on the subject of | Anaconda (new) 116% 1181 116% agriculture and its needs, showing what | Anaconda (rts).. 25 ~ 25% gh - is being accomplished by the younger | Anchor Cap2.40. B6% 56% B6W B8 generation of the country through in- |Andes Copr (3).. b52% ':‘- ol formation furnished by this commission | Archer Danls(2) 37 38 L and the results that have been ub»i-\’ch-Dlfl PL(T). 114%5 114% 114% tained; also, moving pictures of certain | Armour Del pt 7 8-‘; 895 89 of the accomplishments of these young [ Armour 1ll(A).. 1-7‘4 people were shown. At a later meeting | Armour m“:):l' - of this commission, and during one of | Armour 11l pf(7) 7 the sessions of t?e council, some °;Ifi?:"\'feg'{"( o, 2ot thess youn; e were present and | - g . ~ Thnde (alke. ang Mad exhibils of the ex- | AssoDryGizim). §0s 83 B &% cellent work they had accomplished | A%50 OM(Z}obeee” S0 O03 0% SO0 through the co-operation of this com- | A1ERSOR(ICh-e To0 190 170, 1707 ission. It was readily a very interest- oast i o A6 LR i o b AUGUIf& WI.. b3 584 55% 57 ing and instructive meeting. AUGUIfpf (4).. B8 58 BT% bT% Committee Report Illuminating. :tllantl»‘leg'rp‘!) 5}," 5;;‘. 52:, eg: rts. : At each of the sessions of the execu- | Atjan fef pfiTr, 114~ 114 118 114 tive council the committee Teports Were | atjaspowder(4), 96% 97 96% 97 very illuminating, and covered a wide| ptjas Pow pf(6). 101 101 100 100 range of subjects. That of Fred I Kent,| aias Tack..... 13% 14 13% 13% cirector of the Bankers' Trust Co. of [ Auto Sales. L - Mes i B1% Iew York, on commerce and m:lne‘ Autostrap T SNE S e b ;;‘;;e“::x:‘::‘el:yolu}:mn;r?ggéhogxaeci_‘ Baldwin Loe (7). 251% 254% 251% 2541 The one on economic policy, presented | Buid Loco pr(7). 121% 1215 121% 121% by Rudolf S. Hecht, president of the HBalto & U16).... 121 l?l, 121% Illl,u Tibernia Bank & Trust Co. of New |Bambgrvf(6%) 109% 109% 108k 109% Orieans, caused a considerable amount B!nlhAlr pI(T) l(fi"m 1\::: 1227. 12?:‘ of discussion, as, of course, it was one B'"‘;dg“':)'- b it i s that was most appropriate at this time. glyunfi‘"; JE T LR i One of the outstanding talks present- | fa¥uR 150 P ). SN s A ed to the council was by Col. Leonard u‘“’"““ N er- el e P. Ayers, vice president of the Cleve- | Beecn-Nu 9 : 5 land Trust Co., Cleveland, a_noted |Belding-Hemwy. 16 16 154 154 economist, who had charts and facts | Be/E N RpL(16). 81k 814 8l 8l showing the relative position of demand | Sast & Cotfheeo- 880 5% 8 &3 deposits to loans, and also to produc-| o Eaate 55" 56 &5 56 tivity of manufacturing and industrial Bl‘\’.""':“h‘lv“_’- 208 1005 108 108 interests of the country. . 108% 10! 5 105 ““The report of the protective commit- | BORRAI&Br 133 122 123 122 122 tee. by the deputy manager of that;ECoth[isheries: (W % TR 8 division, James E. Baum, whose head- | g, qqn Milki6). 189% 1927 189% 192% in New York, was also very i . 4 192% guarters are In New York, Was 8180 Vi | Bors-Warnr (4). 126% 130% 12642 130% "]"'"mfm'}ns otets members from | BriEgs MfgFCo. 44l 441 43% d3% T ! bl Brockwy Mot(4) B5% 56%m b5k ‘r?".‘An:thee‘;erywtsmndiné sepont -wse | ERIPDSERIAL. . B8 SN lgg}: made by Charles Cason, on public rela- gf‘g";}gfi:"f = ;m; ug}; i ""{‘f‘5,"°£"gd'§“t‘{,‘“,\m§":”bfih";; Brunawick B(3) 461a 46l 46l tin, issued by the A. B. A., e {iou subscription and subjects presented s "cr;"" e %g:’; §§?: 2'5: by well known men of affairs, of great ““""“ (1)eoeee % 2411 by ucyruscvi2%) 434 444 43% 4dk interest to the members. Bucyrus pe(7).. 114 118k 14 114% Insurance Is Topic. Burns Bros(B).. 30% Ve 30% Yy 5 e j nt- | BurnsBros pf(7) 100% 100% 100% 100% ed fi:‘s"gn' fixg‘::::?:gb;u%?c;.pl?:;scr. Burroughs (15). 289 289 289 289 covering surety bonds, which was very Bush Term(B’Z)- 15-;% 13? lggh 1# illuminating, and showed that efforts B"-!h‘l'erduz)-. i 7% o were being made by his committee to Butte Cop & Zine 2 1‘;‘ < fi co-operate with the surety companies | Butte & Sup(2). sz% nh u‘a az% in reducing the number of bonds which e I‘sw. i financial institutions are required to e e covering numerous phases of their | Bver & Co pt(7) . e i consolidating in one form | By-Prodets {2%. 114 119 114 119 all the different bonds, if possible, and | calif Packg (4). 74% 7416 73% 73% at the same time, efforts to reduce the CallabanZimec... 2% 2% 2% 2% cost of carrying such insurance. Calu & Ariz (§). 125 126% 125 125% “The subject of public education and | Cal & Hecla(4).. 46% 47 464% 46% foundation trustees was ably presented | Can Dry (t4%). 87 87% 86% 86% by J. H. Puelicher, president of the|Can Pacific(10). 236% 240 236% 238 Marshall & Iisley Bank of Milwaukee, | CannonMills2.80 38 33 38 38 Wis. He showed the wonderful progress | cur C1&0 sta(5). 98% 98% 984 98% Tnstitute of Banking, and its allied in- | Cavanagh-Dobbs 32 32 32 32 terest in educating the younger genera- {cglotex Co (3)... 64%4 64% £4% 64% tion of bank employes, preparing them [ Celotex pf (7)... 89% 89 88 89% for official positions, as time goes on. Cen Aguirre(2)., 37 37 37 37 “Facts regarding the institute Were|cent Alloy:2).. 47 47% 464 464 presented by Harold Stonier, educational | cerro de Pas (6) 99 99% 98% 99 director, in a very forcible and inter-| Certain-teed Pro 23% 284 22% 22% esting manner. Certo Corpn(3). 63l 64 63% 64k Ches & Ohto(1v) 22:* ?2:;;; 222;1: R:g: C&O Corpn(3).. * 8 “Craig Hazlewood, president of the gy g Alonpf.. 18% 19% 18k 19 Compliments to’ Hazlewood. that had been made by the American |Case Threshg(6) 425 430 425 430 ‘"""Cfi“”' 5% 754 75 officer, and frequently commented UDPOD | cyy Great West. 18% 19 18% 19 the reports that were made, illuminat- | <oy Go Westpf.. 62 53 52 52% ing somewhat the subject, and gVING|cpj Mij&StP.. 324 32% 31% 82% to the members the benefit of his con-| cpi Mi1 & StPpt 53%, 54t 534 53% tact with the committee work, and|cnig Nwn (4).. 841/ ¢4y 84 84 with the subjects presented. Chicago PnTool. 31t 31% 31% 31% " “The important part of these con-|ChnipTpf(3%). 524 524 52 . 52 ventions is the contact made by On%|cpymi&P (7).. 126 126 126 126 with his fellow banker from other sec-| G | & P pf(6). 100% 100% 100% 100% tions of the country and discussing the |G R | & P pf(7). 106% 106% 106% 106% things presented, and numerous other|cpn;yejCab(3)., 33 33 82% subjects which are of interest to us all, | cpjckas 3) A% 4% 4% 41% for in such contact we have the benefit | Cniias(2.40). 58% 59% 58 58 of the methods that are pursued in|chjleCop (3%). 101! 102 101% 101% different sections of the country cover-|cprysier Mot(3) 98% 95% 934 95 ln? the same subject, and oftentimes|gCity lce (3.60).. bdts 5d4% b5d%a b4l information of great value is obtained|City Storesnew. 21 21% 21 and can be put in effect by those|City StoA(3%).. 49% 49% 49% attending. Cluett-Peab(b). - 61 61 6L “The social functions of the councll|Coea-cola (4)... 131% 131% 131% meeting were unusually fine, particularly | Coca-Cola (A).. 48% 48% 48% a dinner, dance and reception at the|Coiiins & Alkmn 63 66% 63 country estate of Rudolph S. Hecht.| ol Fuel & Iron. 68% 72% ‘68% Pass Christian, where he entertained|Col Sou 1st(4).. 7% 7% 7Th 7% about 400 or more members of the|ColSou2dpf(4) 170 170 64 | council, their wives and others in his| Col Gas (2)..... | gardens, which are gorgeous With!Col G&E pfA(6) shrubbery and beautiful flowers, lakes, | Columbia Graoh i Silk Hos. .. association, is a very able presiding|cyie Fastlllpt 55% 56 56% 56 \mhwnnn. 18 18% 17% 17% | Real Silkpt(7).. the entertainment was presented,” said |Com Crpf B(2). 26 26 26 26 Mr. Moran. Com Inv Tr(14 Com In Tr pf 6 Com Solv (h:: % | Container B §0c. ‘mm'rn (16).. 140 “145% 140 1454 | RETnewice1. 92y, ConsolGaspf(5). Consol Textlle. Container A 1.20 Cont Baking A.. 78% 764 Cont Baking 8.. 11% 124 11% 12 |Louis& Ne h(7) Cont Bak pf(8).. 95 96 95 95% | LudlumSti(2).. 78% 179% ContiCan (2%). 77 77 76% 76%|Mac And(12.85). 838 33 Cont Canpf(1).. 126 126 126 126 | Mo Call Corpié). 8% 18k ContlInsur (2),. 83% 86% 83% A2) Contl Mot(80e), 19% 20 19% 20 |MoCrory B(2) Corn Prod (13).. 90% 94 90% 93 | Corn Prod pfi7). 141% 142 141% 142 | Moremmtaim) o oo Coty, Inc (g2)... 61% 61% 61% 64| McKenptA 33 58 58 Crex Carpet.... 214 20% 274 20% Crosley Ttad (17, 11133 113 1113 112 | Maow o oy CrownWPlstpf7 97 97 97 Cruesble Sti6). 91 91 0% e B CeuslblepE(2)., 215" H15. 1B 115 | ansioon arcn. st ath CubaCareSugar. 3% 3% 3% 3% CubaCaneSupf 11% 11% 11% 104 Manat: Sugar pt. 38 38 Manati Sugar... 16% 16% Cuba Company.. 201 204 20 204 | Mandel(234).... 30% 30% Cuba R R(4.80), Cuban-Am Sug, Cuban-A Sug pt, Cudany Pkg(4). 64 | Maracaibo Ol land Ol +70 | Man Klec Suply. 30% 30% 11%| Man Bl m2g(db) 34% 35% . 16% 18% M Curtias Aerot1). 148% 150% 148% 149% o) B 2 Curtis Pub 18).5 119 *119° 119 119" | Mavume oty aon abes CurtisPub pf(7). 117% 117% 117% 117% ne. “en 21 Cushmann pf(8) 110% 110% 110% 110% ::3"::::';(,11) 1;::: 1;!: Cutir-Ham(3%) 61% 61% 6l 61% May Dept 8(4).. 34% 8% Davison Chem... 57% 67% 57 57 | Maytag (12). Debenhms(2.91) 37% 38% 37% 38% | Maytag1stpf6. Deere&Co pf(7). 121% 123 120 123 . | Maytagpf(3).. Del & Hud(9).., 187 187 186% 187 |Melvie Shoe 1.40 Del L& W(t7),, 124% 124% 124 124 | Mengel Co...... Detroit EA(8)... 252 262 252 252 | MetroG pt(1.89) Devo&Rayn(t3). 53l 54% b3 54y | Mex Pete (152). Diamond M (8). 142 1424 142 142 | Mexican Seah... Dome Mines(1). 9% 9% 9% 9% | Miami Cop (4). Drug Inec4).... 116% 116% 115% 115% | Mid-Cont P(2).. 6% 36% Duluth Superior. . 84 8k 8% 8% | Middle States. Dunhill'Int (34). 65% 65% 65 65 [MidStatesctrs.. 3 3 Duplan Silk (1).. 23% 28!y 231 23%|Midland pfi112). 260 265 Dupont de N(4). 179% 179% 178 178 |Miller Rubber.,. 24 24 Du Pont deb(§, Eastman (18)... 175 176 175 175 Eaton Axle (3).. 66% 66% 66 66! Mo Pacific (rts). - % 4% 117% | Mo Kan & Tex.. 47% 47% Mo K&Tex pf(7) 104% 104% Missour! Pacific. 8l% 814 Elec AutoL 1434 | 14754 152% 14716 150% | poacie (rte). | W | % Blec Au L pf(7). 113% 113% 113% 113% £ Blectrie Boat.... 14% 144 14% 14 | MORWEEHTIH - GlecPow&LL(1), 64 651 64 6ot [ Mont Ward: Elec PALLDI(T) 1074 10Th 10T 1074 | Jioon Moter o Em Brantgm(A) 1215 121 125 121 | HOtRer L 000 Emp Capwell(2), 28 28 18 28 | Motlon bis Cor Gna-Jonn(b).... 2% 724 7% 72 | Motor Meter Eng PubSer(31). 49% 50% "49% 50s | Motor Tred i3 Eaquit Blde(2).. 35% 35% 35% 35% 2 EquitableTr(12) 730 730 730 730 Erle R R, : Erle 15t pf Erie 2d pf. Mullins pf (h ¥, 9¢ 91 Murray Corp.... Mullins Mfg..,. 62 61% Munsingwi(3).. 53 53% Eureka Vac (4).. 50% G50% 49% 50% | Nash Motors(§). 99% 101% EvansAuL $2%. 65% 664 64 64 h & Chat(7). 191 194% FairbankMpf(7) 110 110 110 110 |NatAcmedl) .. 3214 32% FedLt&Tra $1%. 81% 86% 814 8% FedL&Tracpf 6. 99 99 99 99 Nautl Biscuit(t7) 183 186 Nat Bellas H3l. 54 55% NatCash Reg 14 127 1284 Fed Mot T(80c).. 18 18 18 18 5 Fidelity-Phoenx. 96% 100% 96% 100 | NatDairy (23).. 131% 136% Fifth Ave(64c).. 10% 10% 10% 10% Filene's pf(63). 1021 102% 102% 102% Sirst NatS(1ig). 66% 68 66% 67% Fisk Rubber.... 114 11% 1% 1% FiskRu50%pd. 11 11 1L 1 Fleischman t3% 72% 73% 72 724 Florsheim (A).. 50 51 50 51 Follansbee 12%4. 66'4 68% 66% 68 Foundation Co.. 66's 67% 64 65 |u Fox Film A(4).. 90% 92% 90% 91% Freeport T (4).. jat Supply(18). Nat Surety (6). 133 133 Tea (13%). &0 8L 45 4 Fuller prpf(8).. 101% 101% 101 101 | Nat Tea (Lk)eee 80 20,0 Motor., 13% 134 13 N Y AIr 8r(3 46 46 Snub A., 22 22% 22 22% | Newport A (3).. 46 6% Gen Am TC(34). 90 90 &9 N Y Centrald; 182 184% Gen Asphalt.... T5% 75% T4% Gen Bakg pf(8). 133' 133% 1334 Y Dock.. 47% 50 N Y & Harim(6) 300 310 Gen Cigars(4).. GenCigars pf(7) Gen Electrie t6. N YC&StL(6), 136% 136% N Y CStLpf(6). 107% 107% N 68% | NYNH&Hart(4) 975 100% 117% | NY NH&H p(7) 116 117% 244+ |N Y Ont&Westn, 27% 28% GenG&E1A(8) 128 128 128 128 (N Y Simpf(é 994 994 GenG&EI A 1%. 76% 76% 76% 76% |NY Stm1stpfT. 111% 111% Gen G&EIB 1%. 96 96% 96% 96l | Norf & Wn(110) 196% 196% Gen Gas(rights) 1% 1% 1% 1% |NorAm blo%stk 105 109% Gen Mills (3)... 75 % T4% 176 |North Am pf(3). 58% 53% Gen Motors (3).. 84% 86 84% 84% | NorAm Ed pf(T) Gen Mot pf(7).. 124% 124% 1245 124% | No Ger Lid 3.41. GenOutdrAd(2). 87 37 364 36% | Norta Pac(b) GenOutdr Ad(4) 52 52 52 .52 |Nor Pacefs(b) Gen Ry Sig(5).. 104 104% 103% 103% | Northwn Tel(3). Gen Refrac 13%. 70% 724 170% 71w |Norwalk Tire pf. Gillette SR (5). 112% 112% 112 112 % G'mbel Bros s | QUL el Buputy. Glidden Co Glidden Co (rts) 2% 2% 2% Giidden pr pe(T) 1084 108% 10gs Gobel (Adolph). 46 46% 48% 45% | Ocis Steel ees s . Gold Dust (new) 65% 67% 65l 66% | Omene Bot (64, Goodrich (4) 85% | pac Coast 2d pf. “; Pacific Gas (2).. Pac Lightg 130% | pag Ot Stu 103% Gotham H (23). 57% BTA 56 56 | boose)d 2o, Graham-Paige.. 334 354 324 854 ek Grhm-Paigecfs. 31%s 3114 314 314 | backar betroim Granby Min (7). - 83% 8i% 83% 84% | pan.Amer Pet B Grand Unon.... 26% 26% 26% 26% |pan-Am Wo B.. Grand Unpf(3). 47 47 47 47 | paramount-F-L Grant W T (1).. 121% 121% 121% 121% | park & T11(33).. Gt Norpfefa(s) 104 104 108% 108% | park Utah(80c). GrNorOr cf . 30% 30% 30% 30%|pathe Bx Grt Wn Sug 2.80. 384 384 38 Grt Wn Su pf(7) 113% 113% 113% Greens Cana(s). 1584 1630 138 Gulf Mo & Nor.. 45% 47 454 o GuIfStat SU(8). 65 66% 65 6% | bems CaCome e Hacknsk W (1 27% 27 3 Pena Dixie Cmt. Al S e Sl Lol Lol sy oy 424 | People’s Gas(8). 260% Pere Marq (18).. 157% 159 z:u Phillips P (1%). 63% | Prerce-Arrow. 543, | Plerce-Arrow pf Plerce O11. Hayes Body . Hersney Corp, Hershey pf(4).. Hollnd Fu(e214) Homestake(17).. 73 731 78% 731 | Pillsbury (1.6 Household( 14 69% 69% 69 697 | Plrelll (A) guunonol;...u 101 102% 101 = 101 g;: Coal. owe Sound(4).. 70% 71% 70% 71 Hud Man(2%).. 42% 42% ‘z: u:: Pitts & WVa(6). Hudson Mot(5), 89 89% 884 881 ) Por RicoToA(7). Hupp Mot(£2)... 54 56% 53% 54y | PortoRicoTobB, Illinois Cen(7).. 136% 138% 136 Postal T&C pf 7. % | Prair! 11&Gas. 20% | prairie P L t3% indian Refining. 47% 48 46% 46 ssed Indian Refg cite. 45 48 441 44 | Croased St Care }ngar:og:;n”:’) 13w 1434 1434 n 3%). 31 92% Inspiration C(4) 49 49% 49 49% 2:‘?»1’;?!0)-1 InterboroRapTr. 82% 33% 32 33% | Pullman Co(4).. InterconRubber. 9 9 8% 9 |punta Alex Sug. 5 Inti Bus Ma (5). 167% 178 1675 171% | bure Ot ofif).. Int Cement(4).. 874 $7% 8% 874 | purity Baking. IntCom Enge2). 73% 74 724 - . Int Comb pf(7).. 109 109 109 109 - | RadioCorpn.... Int Harv (2%).. 106% 108% 106% 108 | Radio pf (B).... Int Harv pf(7).. 141% 141% 141% 141} | Radlo-Keith(A). Int Mtchpf3.20. 84 843 83% 831 | Rand Mines 304. Int Mer Marine.. 6% 6% 6 64 | ReudingRy(4) Int Mer Mar pf.. 4% 49% 48% 487 | Reading 1st(2).. Int Nick,Can 80c 47% G560% 47% 50 |Reading2d(2) Int Pa&kPoA2.40. 30% 30% 29% 30 |Rea IntPapr& PoC. 13% 14 13% 14 |Reis(R)&Co.... IntPa&Popf() 87 87% 86% 87y | Remingtn-Raud. int Prig Ink 2%. 52% 52% 51% b61% | Rem-Rd 1st(7).. IntRysCenAm. 47 47 . 47 47 |Remingtn2d(8). 80% | Reo Mot (11). 260% | Republic Brass. Inter Dept 8(2).. 76% 77 16 76t | Rep Brass A(4) intertype(t1%). 82 33% 32 334 | Kep L& S(4).... Island Creek(4). 55 656 55 55 |ReynoldsSpngs. Reynlds (B)3. Johns-Manv(3). 181% 182 179 181 Jones&Laupf 1. 1214 121% 121% 121% | Riotrow 00 %) Jordan Motor... 10 10 10 10 | BieGrande Oh - JordanMot (rts) % % W AR E F Kan City Sou(5) 83 | Royal D(a1.336) Kan C S0 pt(4) 66 | Rutland pf...... 9% 51 |Sateway8)..\. 16% | Sateway pt (7). 1 51w | Stdos Leaai13), 164 | StL & San Fr(8) 85 StL&SanF pf(8) Savaze Arms(3) 5 W Kinney (G R)... 56% 63 66% o Kinney(G R) rts 2 2" | Schulte (b3%) 2 w Schulte pf(8). .. A l%“ Seagrave(el.20). 354 | Sears-Rae(312%) Seneca Copper. . fish ds, and in which also, is &/ Col Carbon t43. 161 | Shattuck FG(3). beaut Japanese temple. Every.guest| Com Credit (2).. 49% 5L 49% 50% 5 754 | Shell Un(1.40), was seated at o table, surounding alCom Ciistpteth 98 984 96 9% R errotoly. 95" S 9" o) Shubert Thers). dance platform and served dinner while |Com Crpfé1%). 2% 24% 24%. 241 ; Stmmons Co(3). Lambert Co (8. 144 | SimmaPet(1.60) lee Tire & Rub. 18% 18% 18% 18% | Sinclair Ofl 12 L.eh Por Cmt 2% 53% | Sinelair pti8) ..t Lehigh Val Coal 23% R Leh ValC pf(3). LehigbVal(3%). So Po lLehn & Fink(3), 57 | South. Lig Myers(15).. 5 88% | Sou Cal Ed(rts). Lig& Myrs B 16 l.ima Locomt' Link Belt (2, Liquid Car Loew's-(13). Lot sanasssasse EVENING STAR, WASHINGTON, D..0C. MONDAY, APRIL 22, 1929. FINANCIAL. NEW YORK STOCK EXCHANGE Svear & Co..... Spear&Co pf(7). 1754 175% T84 1T6% Soicer Mtgs oy o 3 3% %% |Rise Is Broad, Embracing Al SplecerMfg pf(3) 50 51 50 5L Stana Com 2413, ‘30 ‘3o '35 'sow| - Active Industrials on StAGEEDI(4), 64% 64% 6i% 64% 's Std Milig pf (6). 110 110 110 110 the List. 17% 159% 90 28% 39% 109% 43% 44 384 56% 3 S s s e | BIG BUYING MOVE | Direct to The Star Office ] k Complete Investment and Brokerage Service Copy of our “Fortnightly Review” 3 furnished om request d G. M.-P. MURPHY & CoO. Members of New York Stock Ezchange ' 4 1508 H Street Connecticut at K WASHINGTON, D. C. - Telephone Main 9600 B New York Philadelphia Richmond Private Wires and Telephone to New York SIAG&B(3%). 86% 88 85% 87% . % gl:(;l‘INYull . 43% 14% 43% 43% BY GEORGE T. HUGHES, td San M(168). 49% 49% 49% 49% 5 Staniey Co..... 39 394 39 39 ”mN‘.;,m;p(;:;“A::;] S;;r_.m. in StwartWar(3%) 69 71% 69 Tl | acficany il active industrials, 8 broad Stromberg (3).. 86w 85% 84 84 | RISHER 8 ovement de- Studebaker(35). 82'a 824 81% 82% | a0004"0n the Stock Exchange today. Submarine Boat. 3% 8w 3 3% Tg::, Was no mistaking the trend Sun Oil (g1). 624 624 624 624 | it o N N otly upward, and there Sun O11 p£(6).... 103% 103% 103% 104% | ¥ y @loposttion Yo the GAIS of the Superior Ol LR R Mo g niony o oy fight it. Superior Steei:.. 62 624 61% 6l Professional bear element o Aght U Sl S{Eeth, 3 “iomg a0 an| The DIy (NGNS TOIRISEAENe A0 Sweetor Am(1). 19% 19% 18w 18% [TCTE WS i ” Symington CIA.. 16 16% 16% 16% |APEOREEC 0 0L tne display of Telautogrph(1). 22 [22% 22'% 22% |strength were various and none of them Lenn Copper(1). 18% 18% 17 17% |entirely convincing. It was said that Texas Corpn(3). 68% 68% 67% 67% | the market was pleased with the atti- TexasGulfSul(4) 83 83% 824 82% itude of the administration of farm T&P C&O(b2%). 20% 21 20% 20% |relief, which was doubtless true, but 7 Tex Ld Tr(new) 3 * | that was hardly enough to account for the price movement. There was no talk about European affairs and little refer- ence to the money situation. Instead all the stress was placed on the ability the market itself had shown to disre- gard everything adverse and to be in- terested only in what was favorable. During the forencon trading leader- ship was assumed by such high grade | stocks as American Telephone & Tele- Messrs. Business Man and Craftsman; UNUSUAL— spaces to lease in the most modern loft building in down- town Washington. Units up to 11,000 feet per floor. 24-hour service. Eraph, General Riectrie, Amesican: Ouny 2 fast passenger eclevators—2 heavy-duty freight eleva- and later Unitdd States Steel and Con- vators. Loading platforms in the rear. w%s:‘:::&a?xu"relephane & ‘Telegraph é Light on all four sides. é il = TIAWASOIIDI(8) 884 B88Y" TidewatrO(80c) 34% 34% Timken RB (3).. 82% 83% 1ub Frod (14m. 16 16 Tbacco Prod(A). 19% 19% Transcont Oil.., 11 1% Transue & W(1) 50 60 Trico Prod(2%). 46'% 46% Truscon 8 $1.20.. 47 47 TwinCityRT(4). 45 45 Undwd-El F (4). 116% 117% Un Bag & Paper. 33 233 crossed 234 to the highest in the his- EXCEEDINGLY—- tory of 'zm tf‘omsnny. d'x‘here m ‘:m reason for the demand. Presumiably % o desirable two-story and basement building—2300 square feet to each floor. the rights to subscribe to the proposed Within two squares of Woodward & Lothrop’s and issue of new bonds will be valuable, but that has been known all along. What- on one of the widest streets downtown. Will gell or lease. ever the cause, the effect was impres- sive. A market in which so stable an investment stock as Telephone can ad- vance more than 5 points on top of a 10-polntdez;{n in tme preceding week commanded respect. American sold within a fraction of w mel be?‘ (a‘r the prcsenst shax‘*em wfi;‘no- ' ARDMAN M i eral Electric was up 5 points ¥ Consgicaied Gas & Stedt moved mors 1437 K St. S el ain 3830 slowly, but range igher on the day. . A " Bethichem Steel, which has been inde- ok for Mr. Hi i pendently strong for a week or more, AR EEES made a new high in the first hour. after | em—————— o which it met heavy profit-taking. In | all of these instances the earning out- i look is bright, so bright that no atten- tion is paid to ylelds on present divi- 33 2267 Unton Pac(10).. Un Facific pf(4) Unton Tank(5). . Utd Alr & Trans Utd Cgr St pf(6) Utd Eiec Coal... Utd Fruit (c4) 41 46 132% 133 Utd Paperboard. 20 20% US CastIr P(2). 43% 43% U S Distributing 18 18% U S Distribpt(7) 83 83 U S Hoftman(4). 37 37 A A A A R SRR R A A A S S A SR R A A 74 U S Aleohol (6).. 178% 1617 US Leather..... 26% 25% S Leathr A(4) 47% 47% u USRealty(4)... 95 954 | dend bases. i gg ‘E“l“ fg‘l': | Elsewhere in the list Radio was up Consult Us Regardlng U: N ,gz,;" up some 7 points, Air Reduction was our Maturing Mortgage 185/‘ 132 - ilcflv!lycl;:r\;g{lh ‘l:‘ed ‘a‘tetdhef.uwmnl:n:': 143! r group ler ne rom shol - U Sied (rin) L o 6 Sovering. - aotor stocks 1n generai ex- | | L QNG-TERM REAL ESTATE LOANS hibited a better tone. Hupp rallied from its’weakness of Saturday follow- ing publication of the quarterly state- ment which showed earnings equivalent | to $1.10 a share compared with $1.60 a share on a smaller share capitalization in 1928. it d d 35 IPRICES ARE STEADY Va-CaroChem.. 16 16% 16 16% Va-CarCh 6%pf. 52% 53 52k 53 Va-CarCh of(7) 89% 59% 89 89 ON D' c' EXCHANGE ValrCoal&Cpf. 47i3 47% 47% 47% Vulean Detin.. 71 80 70 uic Det pf(7).. 104 104 104 104 ildi iati i | Mo s S Building Association B.nys.sm for ey, 63 64% 63 6| New Home—Notes in Finan- Waldorf(1%)... 26 26 25% 26 il istri Walworth(1.20). 41% 421 40% 4l% G Do Ward Baking B.. 11% 1% 1l% 1l% Ward Bak pf(7). 5% 75! T5Y 754 - Warner Bros Pio 118 119% 116 116 | 1ot sracs By O o Wasn e Warner pf(2.20) 52 53t 52 53 | week's National Werner-Quidyi. 0% 1% 304 Bl | Bek e e R N Srade Quits) . % fos wl Bank registered a single sale at 575, Waren Bros (16) 149 151 148 14sg | 23,28 the last previous quotation. | e e e s Warren FAPIce. 20 20 104 19% | ol S oa o, Linotype S0ld unchanta |, | Webstr-lalobr’, T8 T4 723 0% | 3 ihe samé figare as last week's clowe, | Equitable C ive Building Ass’n essonOil (2).. 38 38 38 38 O » i W Penn El pf (§) 98% 99% 97% goy | 287e. Potomac: Electric Power 514 per ||| qllltfl e 0-0peratlve ut lng SS nl 3 W Penn Ei pf(7) 109% 109% 109 1097 | Sot Preferred came out at 1073, and U S Tob pt(7)... 140 140 Uni Pic 1st pf(8) 87 ' 83 UnivPipe & Rad 1o% 15% Ut PEL A(e2). 43% 44 433 43% Vadaseo Sale: Vadasco pf.. - 3 ® 8 # 5%% We Make First Mortgages on Homes, Apartments and Business Properties in the District of Columbia and Nearby Maryland and Virginia RANDALL H. HAGNER & COMPANY, INC. 1321 Connecticut Avenue. Decatur 3600 Mortgage Loan Correspondent, New York Life Insurance Company / 4 *| 100 shares of National Mortgage & In- [i| JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary West PPo(6)... 108 108's 108 108}, 3 fose e PPepicl) 116 135 116K 116y | "0E prefered brought: SX. | Organized 1879 49th YEAR COMPLETED Dairy B-5 vin ST S0k ek | Eooe Ameriean comman Aguied i [} T 23| a small lot sale at 15. The remainder | % - i - ::or.;l:::. ;.':: zg:; gg?: ;gl: of the trading was mzlinnds. Ah::,’mol | Assets ............$5513,051.63 Surplus & Profits..... $1,601,704.98 WU Teleg (8).. 190k 193% 190k 198% | Woerinbten, Gas 6, serles Ao changes Subscription for the 96th Issue of Stock Being Received Wontimeimecis) 1434 (49% 49% 4% | turnover in Washington Railway & ghse(4). 49 1513 A g | Westhse 1st(4). 145 145 145 145 | Electric 4s at 86':. | $ave Now and $pend Later av- onEEII-cum 39% 40% 0 Association Plans New Home. | sz 50 w;f:: h;fitt(:z)) g:ss }2'4‘ B The American Building Association ||/ HERE are lots of ways to = O 71, | has purchased as the site of its new ? I’ spend money, but only one way Per 1% 3 home property located on Pennsylvania to SAVE it—and that's the & e i | T s cotiai |l SYSPEMATIGEWAY' Doa't Share gg’,i ;gl(. 5 g’a‘fi“’;\omemyomfmty"bmk build- just live for today...start in now to ing is to be erected for the association. build for the FUTURE. § Wilcox Rich B.. 40% ¢! The American Building Association, Our systematic saving plan will help by | Willys Ov c1.2 % 2 s | Organized n 1874, has assets of $6,900- ||| you to use only a small amount of Wilson & Co.... 000 and a surplus of $350,000. The |} vour weekly or monthly salary, in Wilson Co pf A.. ; officers are Louls Hartig, presiden BUILDING up a reserve for your Wilson & Co pf. 6 & 641 |William A. Hettinger, vice presiden LATER days. Come in today and Woolworth (8).. > 258, 22 Charles H. Kindle, secretary; Guy M. let us explain. v Woolworth new. 92 2 7 | Necly, treasurer. | P atne Worthn Pump. . The directors include: Francis E.||| 915 F St. N.W. Worth Pump(B) 7 7 Smith, Charles Kattelmann, Julius Eg- Wright Aero(2). . loff, George W. Slater, John E. Merg- Wrigey ((13%). ki ner, Clarence F. Donohoe, Chatham M. Yale&Towne(4) ‘Towers and Thomas S. Sergeon. X Young Spgs 12%4 66 67 0 Youngstu Sheby. 128 128% 125 128% Hourly Sales on N. Y. Market. 10:30 am.. 517.900 12m... 1595700 1:30 p.m. 2,425,500 2:15 p.m 2,804,300 as given in the above table e Biiual cash pavinents based on the Oldest National Bank in District of Columbia APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent suburbs in Montgomery and Prince Georges Counties, Md. - 5%% INTEREST Apply to H. L. RUST COMPANY LOAN CORRESPONDENT The PRUDENTIAL INSURANCE COMPANY OF AMERICA 1001 15th St. N.W. al tock. f Plus i stock, u stock. _h Partly stock. 1 Plus 20% ook plus 1/120° shate ' quarterly in stock.” m Payable 1/10 share quarterly in United Cigar Stores common stock. B Plus 1% % in stock. Commodity Notes PORTLAND, Oreg., April 22 (Spe- cial) —It is_bel that as a result of the establishment of regular steam- ship sail to the Hawaiian Islands a large et for Hawalian fruits will be opened in the Pacific Northwest. There is & continued demand for apples with e!rlees at primary points well sus- tained. An Historic ‘Background —does more for a bank than merely confer stand- ing and prestige. (It ygives customers the S hal advantages of policies mfi‘&w The gp&:uh::n::nt&: shaped on experience m Canada . ted to $6,938,703. This compares (rather than on experi- amoun! 'lthp ',’,'u‘flmé‘:'g’%t?‘om ments)—means wider fa- ‘lnl': ‘made by Canadian subsidiaries of cilities—more ‘seasoned American -automobile companies. service. “The ' {This bank’s service rec- ord spans over a century, The 3’“””““(‘)‘[,[‘)’?5“’[" { total may reach 40 per the District's '3:3 in = Nfifigfi%flf‘“’ National Bank. 3% Paid on Savings Packing equal to %afi Share, compared Sea with [ mm&:fih on the common. n the Metropohtan Consult 1814 Bank 192 EARNINGS ARE LARGER. EAVER BRO KANSAS CITY.—The value of live- stock received in the Kansas City mar- ket in the last year amounted to ap- proximately $300,000,000. This was about ~ $50,000,000 greater than the amount sold in any other market ex- cept Chicago. Secured by High-Class Improved Properties Competent Appraisals 6% Interest e NEW YORK Aprl 22 UP—New . REAIT"I‘ORS s e e Brofits Over $2,300,000.00 s LW, Main 94 oo mguzl.zlgflhgfi | 15tk S¢. Opposite Treasury ) 809 15th St. N.W. ‘ lain 9 of last year, .. I : o