Evening Star Newspaper, June 24, 1929, Page 14

D. C., MONDAY, JUNE 24, 1929. FINANCIAL, STOCKS IRREGULAR INHEAVY SELLING Market’s Upward Climb Is Crgg s __THE EVENING STAR, D.C. BANKERSHONE FROM CONVENTION Annual Meeting at Montauk WASHINGTON, Stock and ividend Rate. Minn Moline pf 6 Mo Kan & Texas 59, Mo Kan & Tex pf(7). 4 Missour] Pacife. ... 4 Missouri Pac pf (5). 2 ¢ Mohawk Carpet t2% 42 - 173% 135% 65% 584 Stock and 3 Dividend Rate. 25% Shell Union (1.40). Simmons Co (3). Simms Pet (1.60) Sinclairoil ( Prev. Close. Close. Dividenc 16214 164% 61 Curtiss Aero (1 Cutler-Ham (3% ) Sales— Low. Ad 4 Abitibi Power & Pap Abraham & Straus. Adams Express (§ Adams Exp pf (5)... % Adams Millis (2). Advance Rumley. Add 00. High. Low. . 80 16614 162 Sales— o Addw.)fl;h Low. 6 61% 61% 49 24 2613 69% 4234 2074 182 26 50 16 201'% Davison Chem 48% Delaware & H . Sloss-Sheffield p! “Point Proves to Be Big Success. : BY EDWARD €. STONE. Not since the days when the Indians yoamed Montauk ~Point, occasionally scalping some financier or other early md’. has a better banking conven- tion been held in that region than the one just concluded by Washington bank- ers, in the opinion of those same bank- ers who reached home this morning, arriving at the Union Station an hour late on account of a bit of engine trou- ble. The dis on bank manage- ment were of both local and general interest and the reports of special com- mittees brought out many intensely in- teresting facts on business and finance in the District. Robert V. Fleming, wnho gave ited time-'to the association’s affairs during the year, retirea_smid a blaze of glory and Wilmer J. Waller and the yest of the new officers were escorted 1o the platform amid vigorous applause. The attendance this year was not quite up to last year—219 against 244—due to the fact that about 20 bankers’ wives, who looked Montauk over thoroughly last year, basked in its bracing ocean air and viewed its charming scenery, were not aboard the special this year. There were, however, 18 bank presidents at the conclave, probably a record. Contests on Links Very Close. Owing to tie scores some of the con- | tests for gold cups were not decided | until the last day. As the scores finally | unlim- stood the “Pop” Fleming Cup went to | 103 Robert V. Fleming, with a second prize to_Clyde B. Asher, third to Henry W. Offutt and fourth to Herbert T. Shan- non. . ,_ The W. B. Hibbs Cup was won by Raymond L.. Schreiner; second place itaken by Charles H. Doing; third, Wil- mer J. Waller, and fourth, Raymond |Wise. The Herbert T. Shannon |was captured by Walter W. Schneck- Advance Rumley. pf. Ahumada Lead...... Air Reduction (3)... Air Wal E1 Ap(2%).. > pvanea-debusranninanenban Alleghany Corp. ... 9914 Alleghany Cpf (5% 100% Alleg’y pf rets(534) 241" Allled Ch & Dye (6) 125 120% Allied C&D pf (7). 247 166 Allis-Chalp Mf (7).. 42% 22'4 Amerada Corp (2). 28% 10% Am Agricul Chem. 73% 40% Am Agricui Chpf... Am Bank Note (13).. 106% 100% 311 e e Am Brake Shoe 34% 15'a Am Brown Bov E| 49% Am Brown B E pf(7 107% A Can (t4). 139% Am Canpf (7)..... 92 AmCar & Fdy (6). 116 AmCar&F pf (7). 46% Am Chicle (2). 43% Am Com Ale (k1.60). 23% Am Encaust Til (2).. 15% Am & For Power. 104'% Am & For Pw pf (7). 88 Am& For Pw2d pf.. 30% Am Hide & Leapf. .. 64 ° Am Home Prd (3.1 38 Amlce (13)... 52% Am Internat (32) 4% Am La F & Foamite. 60 Am La Fr & Foam pf 20s 16216 Am Locomotive (3). 29 & 113 - Am Loco pf.(7 3 147% Am Mch & Fdy 50 Am Metal (3).. 113% Am Metalpf (6). 25 Am Pianopf... 8% Am Pow & Lt (11 984 Am Pow & Lt f (6). 40 Am Rad&Std San2% 43 Am Republics. . Am Safety Raz (1 Am Steel Fdy pf (7). 65. Am Stores (2)... mfin Second prize went to Roger oA teford, . W. and fourth to N. N. Wrigh H. Cox on ley tied for third. The ladies’ outdoor Eumn contest was taken by Mrs. Her- ‘T. Shannon: Mrs. Clyde B. Asher second. - The contest was cap- by Mrs. Jobn Poole, with Mrs. ‘A. L. Baldwin and Mrs. H W. Offutt tied for second. £ ‘The gentiemen’s putting contest was ‘won by Nathan Poole, with second prize to Charles C. Lamborn. The 238% 193% Am Tel & Tel (9 8) 1156 Am Tobaceo pf (8).. 107% Am TypeFdry pf(7). 108 674 Am Water Wka (c1). 58 161 Am Woolen. . 5 42% Am Woolenpf... . 9 Am Writ Paper ctfs 44 Anchor Cap 12.40). 44% Andes Copper (3)... 29 Archer-Dan-M (2). 854 Armour Del pf (7). 191% 169 Atl Coast Line 66% 3214 AtlG & W Indles 59% 45% tlas 1061 100 Atias Powdr pf (6). 307- 221 Auburn Auto (j4) 10 5% Austin Nichols. 35% 22 Autosales....... 43% 36% Autosales pf (3). Two particularly interesti events me the election of a mu:ln:er from to serve on executl emmeuo!l.heAlmeflunme e most hearty mm associates as the convention closed. 4 The other incident ntlmod to was rece] xrompeh‘fi According to the association’s Eumz ggllcy. the vice president of the Munsey Co., will at the top in a sur- prisingly short time. As general con- vention chairman this year he served the association ‘most satisfactorily. Much more might be said of the con- vention which has now passed into his- tory. Since last year $2,000,000 more has been spent on "the Montauk develop- ment by Carl G. Pisher. New water mains, indoor tennis courts, a swimming pool, progress on a yacht club and completion of the Island Club :z.rlz blmn‘t . changes. The Island lub was thrown open to the visiting bankers and proved a revelation, annual meeting of the stock- holders of the American Fire Insurance Co. of the District of Columbia, at 511 Seventh street, on Thursday last re- sulted ‘in the election of the following as_trustees of the company: Charles Schafer, Victor B. Deyber, Max Walten, Harry M. Packard, Francis A. Blun- don, Carl J. Bergmann, A. F. Jorss, :H.Asl. :fi’mlmn!d oihu' !fllm&“fll::l mee or the reorganiza- tion of the company the follot day Charles Schafer was elected t, Francis A. Blundon vice president. H. H. Bergmann treasurer, G. M. Em- merich secretary and F. P. Ehlers as- sistant secretary. Small-Lot Sales in Market. Small-lot sales predominated on the ‘Washington Stock Exchange today. Capital Traction in eight trans- actions involving about 100 sl , the stock opening ex-dividend at 92!’ and closing at 92!5. Potomac Electric 6 per cent stock moved at 112 and the 5 per cent preferred at 107';. Mergenthaler sold ex-dividend at 1:: for 60 shares. 50. 40% Auto-Strop Raz (3) 271% 210 Baldwin Loco-(7) 126 . 114% .Baldwin Loco pf (7). 138 151 80% 1 7% 64% Bang & Aroos (3%).. 26- Barker Bros (2).. 384 Barnsdall (2 Bayuk Cigar (2). PBeacon Oil. . 11% Belding-Heminwa; 81 Belg NRyptpf (16). 78 Bendix Aviation (2). 75% Best & Co (3) 8214 Bethlehem Steel (4). 116% Bethlehem St pf (7). 3% 49% 110% Bohn Alum&Br(t4) 6 Booth Fisheries 83% Borden €o (3) 107 Borg Warner (j 856 Boston & Maine. . 30% Briggs Mfg.... 42% Brockway MT (3). '60% Bklyn-Manhat (4). 170 Bklyn Union Gas (5). 38% Brown Shoe (2%) Bruns-Balk-Col(3) 44% 18 BrunsTer&RyS... 42% 25% Bucyrus Erie (1).... 50 38% Bucyrusevpf (234). 53% 46 Bullard Co (1.60) 329% 234 Burr Add Mch (15) 89% 56 Bush Term (g2). 25 110% 108% Bush Term deb (7).. 20s 118% 110 Bush T Bldg pf (7).. 1 138 104% By-Prod Coke (13). 1 81% 72% Calif Packing (4) 30, 26% Calif Petroleum. 135" 124% Calumet & A1z (10). 13 61% 36% Calumet & Hecla(4). 35 90% 78 CanadaDryGA (5). 58 81% 55 . Canada South (3)... 108 265% 218 Canadian Pac (10).. 17 48% 36% Cannon Mills (2.80). 331 308 Case (JI) ctfs (6). 79% 52 Celotex (3). 93% 87 - Celotex pf (7)... 48% 30 Cent Aguirre (2). 9 52% 40% Cent Alloy Steel (2). 24 112% 105% Cent Alloy Stpf(7).. 408 38 508 1 7 116% 116 7. 7 10 331% 325 330 5 100% 1 308 305 305's 121% 121% 121% 252 2434 251 24% - 24% 244 121 §124 12% 45 45% 130 130% 15 15 i 146% 148% o 139% 139% 97 97 ur 1 60% 121% 1217% 113 115 165 165 5 127 100 “ 46% 47 117% 117% 63 631 63 3% 33% 34 4 . 4 3% 84 #3% 4 107% 108% 106% 674 67U 6 110% 110% 112% 6 66% 65% T6% T6% T8 37% 37% 39 217 - 217% 217 170% 170% 170 170 170 170% 115% 115% 115% 108 139% 1% 42 B56% 56% B4k 1% 0% 0% 107 106 105 101 101 101 324% 309 324% 6 6 6 248 244 244 116% 116% 116% 126% 124% 124% 76 7% 7% 6% 76 6% 28 28 28 41% 40% 40% £ 9 £ 28% 28 28 11% 11% 11% 821 82% 824 89% 86 86% 91% 88 89 108% 105% 105% 118% 118 118% 47 454 47 105 105 105 116 7 89% 89 89 118% 116% 117 106 106 105 1 35% B4% 34w 52% B51% 51% 63% 62!y 63% 206 206 44 46 39% 394 39% 28% 26% 27 30% 304 304 41% 41% 1% 4874 47 48% 303 302 302 5815 5815 585 104% 104' 104% 116 114% 115 130% 130% 130% 6% 76 6% 27% 2T% 27% 132 129 129 44% 43% 20 28 55 55 233% 2:\ 301% 60 104% 115 130% n% 25" 130 48% 44 89 87 59 59 59 85% 854 85% 31% 31% 31% 46% 45% 45% 183% 120% “Del Lack & W (17).. 8215 87% 3% 101 54% 387 48% 115% 112 391 44 197% o Denv&R G W pf. 4 Devne & Ray A (13). Diamond Match (8). Dome Mines (1)..... Dominion Strs (134). Drug Corpn (4). . Dunhill-Inter (34). Du Pont de N(143%) Eastman Kod (18).. Eaton Axle & 8 (3). # EIPwr&Ltpf(7).. Elec Stor Bat (5) .. Emmerson-Brnt A Endicott-John (5) . Eng Pub Serve (11). 4 EngPub Sve of(514) 7% 5% 5T% 808 3% Equitable Bldg(2%). ErieR R E i Erie RR 2d pf.. ureka Vac CI ( Evans Auto L(# Exchange Buf ( Fairbanks Co pf..... 30s 14% Fajrbanks Morse (3) 1 41% Fisk Rubber 1s Fisk Rub 1st pf cx. Fleischmann (13%). Follansbee (1214) Fox FilmA (4)..... 11 Freeport-Texas (4). 13 Gabriel Snub A..... Gen Am Tnk Car($4) Gen Asphalt. . 5 Gen Baking pf (8).., 308 Geri Cable. 4 Gen Cable 9 AT 81l 131 Elec apec (60¢). Gas&El A (e135) G &Elpf A-(7).. GEEIDrA(5). Mills 3)....... (13.30). Gen Motors pt (1) Gan Gutd Adv A (4). Gen Outd Ad vte (2). Gen Ry Signal (5) Gen Ry Sig pf (6)... Gen Refrac (13%4)... * Gillette Safety R (5) Gimbel Brothers. ... Gliddén Co (t11%) Glidden prpf (7).... Gobet (Adolf) Gold Dust (2% Goodrich BF (4). Goodyear Tire (5). Goodyear 1st pf (7). 2 % Gotham Silk H (2%) Gould Coupler . Graham-Paige Graham-Paige ct. Granby Consol (7).. Grand Stores (1).... Grand Stor pf (6%). Grand Unfon..... Grand Union pf (3). % Granite City St (3) 101 100 28% 326 1364 Grt North pf (5).... Grt North pfet (5).. Grt Nor Ore (al1%). ., Grt West Sug (2.80). ‘Greene Can Cop (8). Guilf Sta Steel (4)... 333 Hahn Dept Store: Hahn Dept S pf(63% ) Hanna {M A) 1st(7). 10s Hayes Bdy (b8 % stk) Helme (G W) (1’ . Hershey Chocolate. . Hershey Choc pt (4). Hos (R) &Co....... Holland Furn (e23%). Houd Hersh B (1%). Howe Sound (1433). . & Man (23%). n Motor (§) Hupp Motor (£2) ' . Ilinols Central (7). Independ Oil & G (2) Indian Motor Cycle.: Indian Refining. . Indian ning et. Industrial Rayon. Ingersoll Rnd pf (6). 2 Inland Steel (3%4)... Inspiration (4)...... Interboro Rap Tran Intl Agricultural. .. Intl Agri pr pf (7) Intl Business M (5). Intl Cement (4). . Intl Comb Eng (2)... Intl Cmb Eng pf (7). Intl Harvester (23 Intl Harv pf (7) 3 139% 13 34 4 Intl Mer Marin Intl Nickel.Ca: Intl Paper pf (7). Intl Pap & P A(2.40). Intl Pap & PwrB.... Intl Pap& Pwr C.... Intl Pap & Pwr pf(7) Int] Print Ink pf (6). 40s Intl Ry Cn Am pf(5). 108 Intl Tel & Teleg (2). 516 Inter Dept 8t (2). 1 Intertype (£11%). ( Laugh pf(7) 40s 121 2 Kan City Sou (5).... % KaufmannD 8 (1%) Kayser J &Co (5). . Keith-Albee-O pf (7) 139% 115 102% 108% 105% Chi R & Pac pf (7). 50 62% 105% 26% 28 195 62% e e, CHICAGO DAIRY MARKET. CHICAGO, Jun': Q:T(flé-mt"fi—un- o e 88% Cerro de Pasco (§ 12 16% Ci 38 ChiGreat Westn pf., % 80% Chi&NW (4). 134 120% Coca-Cola (4). 121% Columbn Carbn t4%. 131% Com Inv Trust (f4). 110% 110% 110% 100% 99% 24% 24% 24% 226Y 225 226% 92 0% 9% 14% 19% tain-teed Prod. 15 24 28 12 27% Chi Mil St P&Pac. .. 46% Chi Mil St P&Pac pf. Chi & N'W pf (1) 28% Chi Pneu Tool... . 48% ChiPneuTpf(3%). 3 51 ChiRI&Pac (7).... 981 98% ChiRI1&Pacpf(6). 1 99 99 3 106'% 106 38 37% ATw 69% 66 ’ kd 72% 49% 49 21 20% 2 60 60 60 13215 128% 130 4 AT 4T 4 381 ChickashaCOil(3). 3 447 Childs Co (2.40)..... 165 66 Chrysler Corp (3)... 399 50 City Iee & F (3.60) 20% City Stores (1).. 56 Cluett Peabody (5).. . 110 06 1 6% Couml Graph (29.1c) 286 57% 5ba 56% 56 198 188 43 Tom Credit (2)...... 130 50% 95% Com Crd 18t pf(6%). 50s 100 24 ComCreditpf (1%). 10s 26 25 Com Credit pf B (2). 80s 27% 27% '21% 27 29 166 1621 165% 163% 10 B1% 50 51 61 1 411% 411% 411% 411% . 24 227 221 227 228K 59% Conde NastPub (2). 5 65% 65 85 65 19% Congoleum-Nairn... 86 20% 20% 20% 20% 69 CongCigars (15%).. 2 714 TI% 7i% 73% 76% Consol Cigar(7).... -1 77% 77% 1% 712 84 ConsolCErprpfé%.10s 89 87 89 89y 95% ‘Consol Gas (3)...... 312 125% 123% 128% 1241 1 98% 98 - 98 98% 27% Com Inv Tr 98 Consol Gas pf (5). 1 19 3% 3% 8% 5 T 7 7 Corn Prod (13). Coty Ine (§2). 22% Crex Carpe! 852 Crosley Radio (11).. 12 93% 943 Crown W P 1st pf(7) 40s 100% 1 85 Crucible Steel (5)... 71 101 5% Cuba Cane Sugar pf. ) 00t 10015 og&. 8y 2% 52 b2 1 i 1 122% 122% 1221 AB3% Kennecott (5). . Kimberly Clrk(2%).. Kinney (G R) (1)... Kinney (G R) pf (3). 50s Kolster Radio. 71 Y . 6 1223 75 Kroger GraBak(cl). 28 Lago Oil & Tran Lambert Co (8). Lee Rubber & Tire. . Leh Port Cem (2%). 19 38% 26 187% 127% 26 10 Lehn & Fink (3) . Liggett &My (15)... Liggett & My B (15). Lima Locomotive. .. Link Belt (2.40). . Liq Carbonic (t4%). » Loew’s Inc (13) « Ludlum St} pf (6%). M. 4 McCall Corp (4)... McCrory B (2)..... McKeesport T P (4). MeKesson & Rob (2) McKes & Rbpf(3%). 91 Mack Trucks (6).... 186% 148 . Macy Company (13). ‘24 174 Madison 8q G (1%).. 82% 60 Magma Copper (5).. 106% "95%_Mallinson pf (7). 50% 35 -Manati Sugarpf. 37% 25 Man Elec Supply. 663 Marmon Motor (4).. Martin-Parry. i Mathieson Alk (e2). May Dept Strs (4)" Maytag Co (72).. Maytag Co pf (3) Mengel Co........ Mexican Seaboard. Miami Copper (4) 31 A07% 85 Michigan Stl (2%).. 12 739% 30% MidContinentP (2). 19 8% 3% Middle States Of) ©3 28% 19% Miller Rubber. . 40 36% Minn Moline Pw, 1 178% 121% 121 % 93% 25 811 985, 15% 49 15 85% 497% 364 100% 32% 180% 121% 121 % 94 25 8114 98% 15% 494 Mont Ward (2%) Moon Motors. .. 4 Morrell J (3.60). Mother Lode (40c) Motion Pictu! . Motor Products (17). Motnr Wheel (2) Mulling Mfg........ Munsingwear (13%) 3 Murray Corp (a3)... 103 N- Nash Motors (6) Natl Acme (1). Natl Air Trans . Natl Bella Hess(1). Natl Biscuit (16%) .. Natl Biscuit pf (7) Natl Cash Reg (14 Natl Dairy (31%) Natl Dept Stores Natl Dept St 1st Natl Distillers. ... .. 2. Natl Distillers pf(7). NatlEnameling (2).. Natl Lead (5)....... Nati Lead pf A (7). Natl Lead pf B (6) Natl Pwr & Lt (1)... Natl Radlator....... Natl Ry Mex 1st pf. . Natl Rys Mex 2d pf.. Natl Supply (18) Natl Supply pf (7) Natl Surety (5). Natl Tea (1%).. Nevada Copper (3).. N O Tex & M (7) 40 12 43 40 19 1 119 NYNH&Hpf (7).. NYOnt& West..... N Y Steam pf (6).... % N'Y Steam 1st pf(7). Norfolk&Wstn(110) . North, Am (b10% stk) North Am pf (3).... North Am Ed pf (6). No Ger Lloyd (3.41). Northern Pac (5).... North Pae ct (5) Norwalk Tire & Oil'Well Supply. Oliver Farm Equip. . Olivr Fr Ep ev pt(3). Omnibus Corp.... Oppenheim Col (5).. Otis Elevator (6).... Otis Steel...... Outlet Co pf (7)... Owens 111 Glass (4). Pacific Gas & E (2) Pacific Lighting (3 ) Packard Motor (15). Pan-Am Pete B. .. Paramount-F-L (3). Park Utah (80c) Pathe Exchange Patino Mines (3.89). Peerless Motor Car. . Penick & Ford. . Penick & Ford pf(7). Penn Dixie Cement. . 4 Pennsylvania RR(4) People's Gas Chi (8). Phila Co 6% pf (3).. Phila & Read C&I.. Philip Morris (1).... Phillips Pete (1%4) .. Pierce-Arrow A. . Plerce OILpf........ Plerce Petroleum. Pillsbury Flour (2). Pirelli Co A (2.88) 3 Pitts Term Coal pf.. Poor & Co (12)...... P Rican Am To (A)7 4 P Rican Am To (B).. Postal Tel & C pf (7). Postum Co (3).. Prairie Oil & Gas. ... Prairie Pipe L (14).. Pressed Steel Car. Prod & Refiners. Pub Sve NJ (2.60 4 Pub Sve NJ pt (6) Pub Sve NJ pf (7 Pub Sve E&G pt(6). Pullman Corp (4). Punta Alegre Sugar. Pure Oil (13%). Pure Ol pf (8) Purity Bakeries (3 4 Radio Corp... Radio-Keith-Or: R R Sec IC stk C(4) Reading (4). Reading 2d pf (2). Real Silk Hosfery. .. Real Silk Hos pf(7). Reis (R) & Co... 5 Remington-Rand. ... Reming-Rnd 13t (7). Reming-Rnd 2d (8).. 4 Reo Motors (11.60).. Rep Iron &Stl (4)... Reynolds Tb B(2.40). % Richfield Oil (2)..... Rio Grande Oil (k2). Ritter Dental (2%).. Rossia Ins (2.20).... Royal Bak Pwadr(1 Royal Bak P pf (6). . Royal Dutch(a1.336) Safeway Stores (3).. Safeway Strs pf (7). St Joseph Lead (13). St L-San Fran (8)... St L-San Fran pf (6) St L Southwestern. . Savage Arms (2).... Schulte Retail Strs.. Seaboard Alr Line. .. Seaboard Air Line pf Sears Roebck ($2%). Seneca Copper Sharon St Hoop (1). Shattuck F G (2).... 154% 102 62 109% 9214 82 195% 108 94 125 9615 115% 517 41% 21% 241 181 10% 43% 172% 108 17 35 4 41 123% Southes Spang- # Sparks Spicer Spence: Studeb Spiegel-Mav-St (3).. Stand Com Tob (1), Stand Gas & El (3%) 161 Stand G&Epf (4).. 2 Stand Oil Calif (+3) Stand Oil Stand Ofl » G Stewart Warnr(3%) SoPorto R Sug t2%. % Southern Cal Ed (2). rn Dairies A.. Southern Pacific (6). Southern Rwy (8)... Spalding A G (1.60). Chalfant..... Withgtn (n). Spear & Co pf (7) Spicer Mfg. .. Mfg pt (3) r Kelg(1.60) 5 22 22 51 J(12)... 195 Y (1.60). 81 49 aker (13). 9 Sun Oil (g1). Superior Oil Superior Steel. Tenn Cop & Ch (1). Texas Corp (3) Tex Gulf Sul (4). Texas P C & Oil (bb). ‘Texas Pac Land Tr Thatcher Mfg. . The Fair (2.40) Thompson J R ( Tide Water Oil pf(5) Timken Det Ax(80¢). Timken Roller (3).. Tobacco Pr (1.40)... 2038, T 144% g 0 bace nsc Tobacco Pr A (1.40). PrAct. ontinental Trico Prod (2%). Truax Traer (1.60) Truscon Stl (31.20). . Utd Bl Utd Ci Utd El U S Ca: U S Cs Virgini Virgin| Waldo Warne; War: 4 Warre: 4 Westn Westn, 122 83% 53% 794 White White White White Wil Young Young Vulcan Detinning. Wahash. . 4 Wabash pf A (3) Walworth (1.20) Ward Baking B ‘Webster-Eisenlohr Wess Ol & Snow(2). Wess O & Sn pf (4).. West Penn El pf (6). 20s West Penn El pf (7).320s Wilson & Co. Wilson & Co A. Woolworth Co. & Worthington A Worthington B Wright Aero (2). . Wrigley W (ct3 !6'} Underw-El-Fish(4) .. Union Carbide(2.60). 191 Inion Oil Calif (2) Union Pacific (10)... Union Pacific pt (4).. Union Tank Car(s).. Utd Aircraft&Tran; Utd Aircraflt&T pf 3. Ttd Business Pub Stores(1). Utd Clgar St pf(6) Utd Corporation. Utd Corp pt (3) Utd Dyewood. . ectric Coal(3) Utd Fruit (c4)...... st Irn Pip 2). t 1P 1st(1.20) U 8 Distributing. U S Ind Alco (6 i US Leather. U S Leather U S Realty (5).. U S Rubber. . U S Rubber 1st pf. U S Smelt Ref (3%). % U S Smelt Ref pt 3% U S Steel (7). . U S Steel pf (7) U S Tobaceo (3). Univ Leat Tob (3)... Univ Leatf Tob pf(8). 10s Univ Pipe & Rad. 5 Util Pwr & Lt A (e2) i Vadsco Sa Vadsco Sa! Vanadium (t4) Van Raalte. . ia-Car Chem. . ia-Car 6% pf.. 2 1208 15 1 rf Systm (1%) 15 140 r Bros Pict. % Warner Bros Pie (n) Quinlan (2). Warren Bros (15). n Fdry & Pip 17% 8974 Dairy (B).. 3 Western Maryland ‘Western Pacific. Western Pacif pf... Western Union (8).. gh Air Brk(2). Westngh EI&M (4). . Westngh E 1st pf(4). Weston El Instru.... Weston El A (2) Westvaco Chlor (2). Wheeling & LE pf. . Eagle Oil (2). Motor (1).. Rock M S (3). Sewing Mach. Wilcox Rich(A)2%.. Wilcox Rich(B)e2. .. 60 Over (c1.20). 28 1 i Yellow Truck & C. Sp&W (2% Sheet & T (5) RIGHTS 1 53% 3 162% 105 1617% 105 EXPIRE AmTel & T..July 1 610 Ches & Ohlo..July 1 160 City Ice.....June 25 Th Colum Gas&Elec ... 676 Col Graph ...July 10 193 Int Tel&Tel ..July 5 244 Loft ... Julys 43 Mex Seabd...June 25 456 503,900 Dividend cash payments laration. sUnit ; oo, (ol jPlus 8% In stock. 165% trading less S T as given sed on the latest than 100 shi n preferred lar rate. eatned YePlus"6h in ‘stoe XFlus’ 3% 0" stock. HEAVY FARMLAND SALES ARE REPORTED Fathers Pay From $8 to $70 Per Acre for Sons in West- ern Canada. Special Dispatch to The Star. WINNIPEG, Manitoba, June 324. That youth is not everywhere forsak. ing the country for. the city is indicated by a report of the agricultural depart- ment of the Canadian National Rallways that an unprecedented interest has been manifested in this Spring's auction sale of reserve school lands in the western provinces of Saskatchewan and Alberta, by farmers buying land adjoining their own for their sons. Many of these pur- chasers were new settlers who had pros- in the West. At some sales the attendance reached 1,000. In all, some 738,000 acres of ¥ ld at a total price of e nPru:e: paid ranged from price being sold, the ave land were sold, gy et 12.81 acre, and in :'ll w:r!: sold at an average price of $13.53 per acre. Two of the viest were in Saskatchewan, at Assini- bota, where $1,400,000 changed hands, and at Rosetown, where the amount of payments came to $1,216,000. PARIS BOURSE PRICES. PARIS, June 24 (#).—Prices weak on the Bourse today. e per 75 francs 25 centimes \3 102 francs. Ex- ‘were Markets at a Glance NEW YORK, June 24 () .—Stocks | irregular; Pennsylvania Railroad high- | est in more than 20 years. Bonds ir- | regular: International Telephone and Missouri Pacific Convertibles touch new high, Curb irregular; Middle West Utilities at record prices. Forelgn ex- change steady; French francs gain slightly. . Cotton steady: f favorable weather. Sugar firmer spot market. Coffee lower; Eu- . ropean selling. { frost in Canada. Corn easy; inc visible supply. }_l_m strong to higher. Wall Street Briefs | | By the Associated Press. ing in Wayne County, West Va., is un- derstood to be planning a $1,500,000 is- sue of first mortgage bonds, the pro- ceeds of which will be used in acquiring the company’s present facilities. Five tri-motored Ford airplanes have been ordered by the Pan-American- Grace Airways, Inc., for its regular mail and passenger service between Talara, Peru, and Santiago, Chile. chines will have a capacity of 12 pas- sengers each, Trading in class A common stock of the Berliner-Joyce Aircraft Corporation was started today on the Baltimore Stock Exchange. —_— More than one-third of the linen laces and drawnwork received in the United States comes from Czechoslovakia, GO, June 24 () —Wheat firm: 5™ | . CHICA The Wayne United Gas Co., operat- | additional properties and expansion of -~ The ma- ' A MARYLAND TOBACCO SALES. BALTIMORE, June 24 (Special).— | ‘While receipts of Maryland leaf tobacco | 1ast week showed an increase over the previous week, totaling 935 hogsheads, sales decreased slightly, 954 hogsheads being sold, compared with 1,044 hogs- heads, leaving & stock in State tobacco | warehouses of 3,893 Market continues active under a good demand for practically all grades and values are higher at the following quo- tations, ds: Inferior, 7.00a Cattle weak and lower. | 13 uj country Burley, nominal; ground lupv;p:e, nominal, i GERMAN BONDS AND STOCKS. | Gor. Gor. Red Loan with drav. | _ing cifs attached per .M 355, X Ger.” Gov. Red n Wit 00 $60.00 drawing ctfs. per 1,000 R. M... 26.00 30.00. (Quoted in dollars per million marks.) Hamburg 4%as 1 % . 35, (@uoted in D T 83858 ¥i83384333°3 23A55 . | Disconto | Berliner Handles. Dresdner Bank. ) Deutsche Bank staedter e oree onas3S; 333333 Nor. Ger. Lioy Austrian A, E. G. ( | Pollowing_recent im extensions Brasil now of improved highway. ove! 47, & B prs ey Temporarily Checked by Large Selling Orders. BY STANLEY W. PRENOSIL. Associated Press Financial Editor. NEW YORK, June 24 —Beginning of the midyear call money stringency to- day brought a flood of selling into the stock market, which retarded, but failed to check completely, the recovery in stock prices which has been under way for more than a week. ‘Trading showed | @ marked expansion in volume, due to increased activities of pools which are |counting on a huge reinvestment de- mll:r;(d next month. cept for a sharp increase in i~ fornia crude production, most cfofl"e week end trade news was favorable, Steel operations in the Youngstown district were reported to be at prac- tical capacity, retail trade was reported to have received considerable stimulus from the warm weather of the. past 10 days and the demand for copper was reported to be increasing. Many of the popular shares sold well under Saturday's close when call money went to 10 per cent in the final hour, -}thel'll Electric, Goodyear Rubber, Johns Manville ‘and United Aircraft {lost 3 to 4 points. Southwestern Rail- road and a few specialties rose smartly, Rock Island gaining more than 3 and Peoples Gas 5 points. : | rveemar poi The. close was Recovery at Opening. The recovery in prices which carr through most of last week was. reuun::: at the opening. Wright Aeronautical opened 3 points higher and Frank G. Shattuck 27;. Auburn Motors .advanced 2%, points to a new high at 309! ,. Missouri Pacific, Radio and New York Central each opened a point or so higher, and Union Pacific advanced éonmd:onc-;lpy to a newdhlx‘h record. Ana- per opened with 10,000 shares -tpleu'., up % 255 Operators for the advance appar- ently were not worried over the possi- bility of a “money pinch” this week, taking the attitude that credit condi- tions definitely had turned easier and that any flurry in call money rates was likely to be temporary. With the dis- tribution of several "hundred million dollars in dividend and interest pay- ments around the first of the month, a huge reinvestment demand was looked for, and it was widely believed that a substantial percentage of this would find its way back to the stock market. Several blocks of 5,000 to 10,000 shares changed hands in the early trading. Buying orders were fairly weil distributed. with the coppers, rails and public utilities again showing manifes- tations of group strength. Peak Prices Attained. Marmon Motors, which is expected to report record-breaking earnings for the first half of the year, quickly ran up 4%, points. Mexican Seaboard opened 2% points higher on the eve of the ex- piration of ~the stock subscription * and early gains of 2 points or more were recorded by Uni Air- craft, Corn Products, American Rolling Mills, North American Co. and Hayes ly. Auburn Motors quickly extended its gain to 77 points, United Aircraft to 5 and Columbia Carbon and - Corn Products to 3 each, the last two attain- ing new peak prices for the year. Bald- win Locomotive dropped 5 points. Gold produced in the Union of South Africa, in a recent month, was valued | at nearly $20,000,000. ||, Noticz to the Bondholders OF The Chesapeake and Potomac Telephone Company Pirst Mortgage Bonds of this 1, 1899, mature upon_ presentation at the l.tl’.‘.% the Treasurer of the " ted for pay-. urity and Company. Street and Pennsylvania Avenue N.W. he sapeake and Potomac Telephone Company On Improved Property 6% Interest No Commission Charges | REALTORS Main 9486 Mortgage Loan Correspondent Metropolitan Life Insurance l’ 809 15¢h Sereet N.W. Safety of Principal Prompt Payment of Interest when you invest in Guaranty First Mortgage Notes and Bonds Besides earning 6 these excellent in m absy Monthly payments if desired Send for Booklet, “The Success Plan” REALESTATE MORTGAGE & GUARANTY CoRPORATION Capital Resources $ 3,400,000 24 JACKSON PLACE