Evening Star Newspaper, June 26, 1929, Page 13

NG STAR, WASHINGTON, D.. C. WEDNESDAY, JUNE 26, 1929. FINANCIAL. ‘ } f : 3 s 2 !RAILROAD MORTGAGE 314 per cent interest. The se;‘nnd!.l ::f‘ . ' ! SPECULA"V[ CURB NEW YORK STOCK EXCHANGE | |case unoer aovisement o e, inrs s | FIRST TRUST LOANS || First Mortgage Loans | By the Associated Press. Mortgage & Trust Co. of New York. Rates. Prompt Service. Recelved by Private Wire Direct to The Star Office. CHICAGO, June 26.—Federal Judge| A mortgage for $45,000,000 loaded | ||| Thomas J. Fisher & Company, Inc. ; THOS. E. JARRELL CO. : George A. Carpenter has taken under |onto the road when it was purchased Roaltors - Sele:in INDUSTRIALS. High, 1 Novadel Agpe... 1 Gatineay Pow 6s '41. 97 _ A i Bundreds. R ey W 1 GA AR In se A5z wer 8% % | adviscment the report of a master in | bY F. H. Harrlman, New York financler, | 75y 1o, g¢ N.W. Main 766 s Aceiol Prod A . 1% 10kla G & & pid. 20Gen Ind Ale 618 34108 chancery recommending the foreclosure | i WAS Dl SO e Appli i fi § ASetic Prod. s 3 Stitoontd Matars 1Gen Laun Ma 01,537 95 . 40,000,000 on | {on since interest of 3 per cent has pplications for 24 Aero Sup Mi B n i | 2Outboard Motors B 5 Gen Rayon 6 . of mortgages totaling $40,000, been paid regularly. Real Est: L 2 Agta Ansco., . 38 ! 2 Oversens Sec. . 5., 52, | the Chicago & Alton Railroad. It was °° 5 &l eal Estate Loans § Atnsworth Mig. . 11l 5 33 Eackarg Motori i Wi within tie province of the court to| s il fecptve, promut -abtention and i iliti i 1 Aified ‘Aviat Se¢ b AR L Y su i v Industrials, Utilities and Rails| i &esavsdste o0 i % Bafam Cab At 3G ’ AT Ml 100 | order sale or reorganization of the| O. W. Add'man recently completed | Mortgage Money Loaned fvolsing® Carerat” ot “complete 5iAllied P & L. oe O 4 g 2 Parmelee Tran: JHexmen e 0 road and such action has been pre- 62 years' service with a cutlery firm lysis of the problem involved and i i inh - SAliied P & L pfd. . 3 i il G s 3 alys d Bid Up, Despite High 1Allled P& L lst pfd 13 7 3 R ek ton G ; f 9 | dicted. jonEleng | At Low Interest Rates R Ty T Y 25 5 13 Grand_Trunk 3 1 Allison Dr B, 5 o 157 C Penney ptd iy i n A One of two mortgages concerned in 1Alum Co Amer. ... 400 2Penn G & El A 2 the case has received no interest pay: ‘ ia : - = EEVERGOS! Money Rate. Alun fosiy Mie: .. Jol I AL [Riee © el it g R o | it fon oyt pears; Aceirding v T Tyler & Rutherford e\ ot Ty S 9 . 5 4Penn Wt P C... 001 B g atl Pow Sec 75 L X - f repert, while the other has been with- " i S Y 3 3 1058 Pennroed Corp vie H (1_Sec Amer 58 R fsitavett ? vas ||| Mortgages Investments Representing Mutual Benefit Life Co. National 4750 1415 K St. a e R A e g S e sye . 1520 K Street Main 475 Ask for Mr. Dean 1Am pe] & 13 5 it & w BY HARRY H. BECKER. Amer Br Bov BE ° 3D, ihn 4 13 Berheet” et © A A EE RN 8 Ni" | Disced on the toed I 1012, 7 Amer Cities P & 5 5 Perrymen Eioe > 0 197 | lvin Corp €5 36, 2 The first mortgage, held by the Cpecial Dizpatch to The Etar : & .f}«‘.'n“‘?o.’.}(;n;" L 8. z‘n;;r”;xdm“:‘v pd 262 i & ‘f")» 3 a %5 | Farmers' Loan & Trust Co. of New JAMES Y_ PENNEBAKI:.R NEW YORK, June 26—Indifferent to| 23 Am Commeuw 'A% £ 20| 4pick Ba o g 3 Leh s A d0ze. giti 102° | York as trustee, was for $22,000,000 at i : continued firm rates for money, the | iiAn SSmmGNER Bl 28 L : [ 5 s s g o3 _— — Main 5328 1520 K St. N.W. epeculative clement on the Curb Ex-| 1740 OSEmia 5o 82 3 Bltes “Bonen B0 30 Y 100 : Money to Loan change resumed the process of bidding 2 Amer Gas & El... 3 1Pittsh & Lake & 3 2 B 1 4 by first deed of trust 1 est: up numerous issues in fairly active | mer RilSing o1l y e ¢ = i O resalling nferest and: commission. 4 i 1 ! T o Hah : incon 68 T 6 5 Joseph L. Weller 40 Wat &L REAL ESTATE trading today. Leadership, however, Enenix joroada) SRR \ was po longer in the utilities which| ) Superp fone 20 o S S| e A o o [ e Nat Rub M 68 43, s First Mortgage Loans || |/ NOTES eliance Mariasement | | superp pid nevertheless continued to present the 3 Eupern ¥ pid vholds Metal B.... % 30 3 New Eng G & E 5548 9 9 | Fair Rates of Interest it i evnolds Metal A 9 : 1 ‘ J. LEO KOLB Secured by FirstTrusts terest was shown in a varied list of in-| 134Tk Nat ges A dustrials, some of which rose aggres-| ‘g fix‘: NEPWG..- - sively to new high records and gave the Ak Nau Gas'A general tone a_stronger appearance than | i oork in some time. Elec ing, i 50 Ga. 2 . - | 12Ass0 G Bl deh Tis Early Features. kBl e g Among the features early in the ses- |y AN0 & BN Tis vl 0" : sion werz Pennroad Corporation. the | — 2asso Ravon pfd 9 3 Shupir, Fever : 80, 130 Fhila E P 5ias 42, .. 3 holding company formed by the Penn- | RS EE T 9 18chulte ©f SCE S 11 PRie Steel"es*ia 07 05 10 | sylvania Reilroad interests. It opened via Sec 080 saTh b 155 G AR B i PR v, "o0s | o on a block of 20,000 shares and was | ¢ x 1§ Seteet TaduscThe. . 19+ " 1 TR ( omplete turned over in large blocks reaching the 3 y Beiieping: Ine pid.. B o 82 itjehfid Ol Gy 9 917 99 7 best. price on the recovery. The activity viasion oS, . Y LTI B SR 3 Richild Ol 5as '31.. 1 0 1 was based on unconfirmed reports that e g% 3 45 Berv BT Ve, . . g och Cent P 3 4 7 i Investment nterest the issue would be transferred to the e Kz 1. oo ngflonr:'x;lh\n\;:;ér(‘n g 2 : 1 s '35 9 23 ai | stock exchange within the course of 2Sierra Pac E . | BRI ey g | PEERTLE o RPa e 8 8 P B s WEAVER BRO < 3 fon. ... 5 5 3 9a1a ‘9ot | SE AL S . : e | REALT EL-T Chil Nit usual quota of strong fssues, Wider in- B 1 Reynolds Metal B. 1Rich Rad 1Rockland L & P Co n 3 3 F | 923 N. Y. Ave. Dis. 5027 | 3 Roch Cent Power. 2 98 b L 4 ZUnd Rz Bat ate 7 1+ ooty 9an L = . . § Role Rovee Ltn ointe i 2 s 43 Conservative Appraisals R R L ape Aty a1 Chosen Locations 1 Russek's Pifth Ave 3 b n 0 1 Safe-T-Stat aab im0 Bilver I & Bros . laved by Marconi International Marine R0 i Al A Bllver T& Bros L Dbove the 25 level, which compared with : a1 : Sontheast B & L ORS is year of 19. Important gains | ki & v S i ied p by a score of more o Biad Aife T : : X 5 3 g 809 15th Strect N.W. unrelated industrials and there was| 7 Hul Pl 1000 @ ] aii I R G & E os A i : ! § e s spurt in e Timited mumber of f NS R gt 3 18nd B Fsaiare o | S : G':ff:;fi BCO- { Main 9486 I 2 listed railroad shares in sympa 5 i e 33 ,1Sou New B T&T 2 i 5 { the buoyancy of carrler stocks else- 4 Burma Gorp, ..~ 1 ; 3 Boanioh & Gen oA 1 3 Snl iy & iml Bl : INNESUMBINT BT | ‘V‘/ \N OLD . Shere, New: Orleans, Great Northern | gy om0 oy ohi? . s 3 3 UNi Lt & Rail 6s A ‘32 4 . 4 15 W ima A waeen S Rub 6izs '40.... M . at slightly higher prices. A Sap ayont W 2 s 3 Snd’ Mot T 4 TP AL 5o 50 L H Telephone, Main 3460 trength of Crocker Wheeler | 4 Caplia] AS i . : E Ivoline ON 75 37" 104 5 e ained by declaration today of %g:s’n'."\‘.?’.‘.:fl'.?k‘ i B ARSI RS 2 Jest 5?‘3& “;’559 Y 3 | @ A well-known economist recently asserted that & 2 pet cent dividena ‘22:'5#1“.‘33;25 gc?\f-:mcor”k':.‘ b B Sietng ety o g 3, waind : under our fiercely competitive system, the average e Gont, Tho stock 15 very closely | 11 Cent Slates Bl 1.0 . 131 1 2 sterling Sec pfd 0 i i |6 ; : S | man is ripe for retirement at the age of forty-five held and the floating supply is there- | ,JZ0ent States El. ... 127, 1i3te 127 S BB MOG | aBerin C'E 615 3 e g 7, — the very age that old-fashioned people spoke it iin Jin e Inter- | Lo ESE & o AR i R ; § Bliencs Alres 1. : ! YOU CAN of as the “prime.» ment failed to inspire - : ‘. 13 Switt & coll 5 Buenos Alres il v : " k& wt in the junior issue, which made a | 17 Cent States El.0.1l 1004 18 18wiss Am I vid # L B 1oy e 8 oah B ! BUY GUARANTY Although this means hardship for many who, new high yesterday. One of the infre- | i cent Bia %1 67 nid: 130 1 1Thita Nat ot en Bk G st 65 B 51 83 ; INVEST JIRST M taken unprepared, find the means of livelihoo quent rumors in gonnection wil | 12 Cent Sta_EI conv pid 254 2 Tawgert Corp A i 3 A F MORTGAGE dinising b -thaie hasd F in itself i fecent advance was that one of the o3 Gent 8t E'c%’;?v'};?d'n B3 83% ”33?; Prod " [ 8 WITI‘I NOTES AND BONDS slipping from their hands, it is not in itself an evil leading electrical goods firms was in-| s Ghaln_ slofe sibck 138 b1 i3 3] Trang Am 136t 1, 3 ARy b that PAY 6% thing. Those who have foreseen and prepared ufiggug;,‘{‘;g{ggfl;n’ “the utility sec-| 9 Oheck Gab Mg .. i3 ') | GTans ok DLPEA ¥ g LI YA 5 CONFIDENCE B for their retirement often find the late forties and stions was on a more restrlcbeeg ;utl‘:o 123 3}::53 Efi ';'«i 3o i 27 Te Gone Eoan. 1L 35 bl 1 3 b i Invest in these excel. the fifties the happiest years of life. ashion. es Ser pi y 8 Tri 2 i 5 9 ¢ . ent sect at & {;L%‘K:&”i."m‘é‘n‘:“é;‘:éfi‘fi'& Whichon| 1Clues ser ®oidiilll 8% 8 1 Truns ok Bloves t | iliardyd s 8 N OUR igsued o vield €70 wlin Let us tell you ebout our simple, common-sense an active turnover advanced further into | gt Se oL B vid 01 3 Tune 2l fame n 2 Lims & Per 6138 36 FIRST l of principal and interest, plan, whereby small sums, systematically invested new high ground. Columbia Electrici g &57 WGheh & gool - ; 1o R A 1 | A ota, T 4 ] 3 O | bonds are secired "o will be returned to you greatly increased by the 1Union N G Can 3 4 Power made a notable gain, also estab- Gommonw & Bou oot ATaion Pooharaen os e Mor B Bogota 7¢ 471 MORTGAGE income-producing prop- el & bstantial Jishing its peak for the year in the fore- Cleve Tract v i 33 i3 1 1250 Ui Corp 115w . Mor B Ben bs''r2. 3 0 0 crties s T Wathineion magic of compound interest, in substantial. annu- noon, while American Light & Traction, Lt gl 1 23 Ui Carban vic e & Rumani 105t 78 '3 6312 NOTES | backed by our £3,400,000 ities when you have chosen to withdraw from K DENOMINATIONS OF $250 01 e diow gni’ how active business. If you will follow this plan we will iy becaise of the appreciation of| 1 i 2l TR Satbon i 1 i 1Rues G 6145 '19 cfy 1 o ie appreci lon - " " 1 Uin® Corp rts wi . 31 s . ¥ i 4 Py et vl of its securties, was actve | g Plebures 1! 38 SO : T A TR yoi can’ wuifd up ' 10 UNCONDITIONALLY GUARANTEE the income. strong. Shares of the holding com- 8 Columbus _E1 1,80 8 90 G Imp C 23, 1 8 v S 21 ECTED and 5 il T e TR e Ko gt h o 2 Godmp € Hii et ant : i M"lull;:;::smmt S B i e Write today for full details and for our latest they are to acquire did nmot do| 273 Commonw & Sou ontl 9is 9% -9 3 s 3 ; e - i 5230 Up financial statement showing resources of more than % Gons Auto Mer vie: |l 8 : A= Pl : % e 5 much. 3 Cons Auto Mer'pfal 25 28 28 g R B Plus 10 per cont in stock. SECORED Tonthly payments ‘if $25,000,000. Other Active Issues. ,?'gormtle DEA::.P P ¢ 1 :max-mvm-wc o Cariiy deTetet ant ey desired onsol Dairy e 7 Ui 93% | ied. d im- joniied Biates At e lfga“;‘;{lf_- 4 Gonrol “Film. 20% : aiin b ; proved real estate in Washington i of D at lasrs Sy B b L i and its environs. | 1 ing the boom n issues, cam : ; : : K S INSURED 1Cons Ret Strs Jife with a rise of substantial extent. N e % pid i | —— 5 o l J Consolidated Gas of Baltimore fluctuat- | 1 Gont G & B pr bl i < 2*% 192 | CHICAGO LIVE STOCK MARKET. | | oyinet toss 1y ire by standard REALESTATE | —= Established 1694 ed in a narrow range following an| 3 G00NC SOHRI A" 100 10 B, | _CHICAGO, June 25 (United States| il insurance companies. { Barr Building, Washington pid | Department’Agriculture).—Hogs—19.- | [l rvremest cnrcws recEvED BY HDKTEAGE&GMY sl ) g ) clephone: Metropolitan 1879 nouncement of the formation of a vot- 1 Growley Milner . 000 head, including 5,000 direct; trad- INVESTOR THE DAY THEY ARE DUE (| forsp o vt el B | BOSSEPHELPS CORPORATION | e | | | ‘ ‘ ing trust for the protection of the pres- 1 Curtiss Aero Exp . 1 g very slow; carly sales unevenly, 15 cents lower; early top, 11.15; butchers, Investors Syndicate: Name. sment. 45 Curtiss Alrport_vtc et Gorporation, Swift & Co. and 13 Curties Fiying Serv the other packing issues, U. S. Finish- 3 Davega Inc ..... ing, American Cyanimid B and the In- 50 Det Aircraft. mn;l‘i,u;é\ "2’ choice, 250-300 pcunds, 10.40 | Cepital Resources $ 3,400,021 4 i 200-250 ds, 10. 15; i < - Kin f vour | 150-300 ‘pounds. 1050 1o 1198: Ja0-100 | | 1417 K St. bl 24 JACKSON PLAC st e Dot it 1| Addsess % | pounds, 10.25 to 11.10; packing sows, Parkirg sgace In rear of office for S o vour plan of GUARANTEED investment. B A BEL ¢ 9.00 o' 10.00; pigs, medium to choice, | ecr clients b & Indusi’ Coip) 5 21+ 90-130 pounds, 10.00 to 11.00. & Tnd Corp pid 30'a 301 Cattle—6,500 head; calves, 2,500 head: ick Fingncial Gorp market very slow: very slow trade on eyt Slates’ 4 EEE Dt P ‘all prices; finished steers and yearlings | NEW YORK, June 26 (Special).—| 474 El Bond & Sh.. 1111115 ¢ 731 2314 | about steady: others unevenly steady With the pressure removed from the | S El Bond & 8h pfd i 7w, . x to 25 cents lower: general rpnliment] July position following motices yester- | 11 plpvget Ine 11 18 E g s R 2,, | bearish; she stock at standstill; top, -day, July quotations on the Cotton e o B T o s 3 Wayne Pumo 110l : 182 15.60; slaughter classes, steers, good and . 4 West Anto Sup A | choice, 13.00; 1500 pounds, 13.75 to| N H 1 Exchange stiffened today, while new | = 7Enz Pub Sery op ; : 2 Westn Alr Exp its. [ | 7 S0 s A ; 5 & e 39 $ Evans e 3 Whiteniem, Tap Its , {15.60; 1,100-1,300 pounds, 1275 to 0us i e W I crop deliveries were set back $1 a bale. 12 Fabrics Pinish. : T Widlar Fond Prod 3 57 | 15.60; 550-1,100 pou!{dx, .25 to ‘xafio; % .o d O : O Or Se o0 lC ? as e ls e ternational Projector new were other ;6162";“-%}!03 issues to do better in the general run of | 1 Dixon (J) Crici ) ties.. Ols continued ‘heavy, with 2 Doebler Die C C exception of Cosden & Co. 3 Douslas Atrerati 5 Draper. Corp. 2 Dubllier C & B JULY COTTON GAINS. | ziBitise rorsorulBiamsan—ndmad << a result of today's business July 2 Pageol Mot Co villiams > = Fained 10 points, with positions about| 3 Esndangs Corp LT R MR common and medium, 850 pounds up. 10 points lower than vesterday. Spots| g Fanieel Prod Fwimter'm 3. | 10.25 to 15.50; fed vearlings, gocd and S o were advanced 10 points to $18.55. 3 Pedders Mfg A [1111 31% Swintan Eneine ;' 1% | cholee, 750-050 pounds, 1525 to 15.25. . ‘Cotton range: 3 Feceral Water A o et SN 33 | Heifers. good and choice, 850 pounds | . ltles ervlca lnvestor ge: o Eifantlal av i gt i | down, 13.00 to 14.75; common and - e July .. 5 i i 353 Fleischmann' Ro: 3 BTt ats G STOCKS. | medium, 9.50 to 13.00: cows, good and October "1l i 78| 14 Ford Mot Co 24 Carnesie Metals . | choice, "8.75 to 12.00; common and| October. % 10 Fokker Airp Al 51 15 Con Tun & Drain 11 | medium, 7.25 to 8.75; low cutter and! 193 18 » ord Mot Co o 7 Cons Con Mines .. cutter, 575 to 7.25 19 Ford Mot Ltd 5 4 4 Golden Cente~ M.\ f ool v b L 7.25; bulls, geod end| 1 Foremost D irs 3 2 Hollinger Gold xd. .. 5 | choice (beef), 10.25 to 11.50; cutter to| — lQ;umn Fisher 3 s 3 3 28 Hud Bav Min & 8m 1 | medium, 8.00 to 10.25; vealers (milk WHEAT IRREGULAR 5 Fox Theaters ALl 3 3 R : | fed). good and choice, 13.00 fo 16.00; . Freshman Chas 814 1 Mohawk Min . % E 55 - | medium, 11.00 to 13.00; cull and com- 12 Gameweil Co. 1New Quiney . 215 > |mon, 8,00 to 11.00: stocker and feeder| 7 Garlock PKe.. % 5" a s CHICAGO, June 26 (P).—On late| 23 Gen am Tav Fis. " v fa| TN Bmen steers, good and cholce, all weights, 4 £ et : 1 N {1225 'to_13.26; common end medt upturns in price today heat went Gen Bak..... : a e Wiplsstng ...\ 0000 2 2 i um, s}?:rpl_v above yesterday's finish, largely | . § Ge B ey 38 Norants | Dlel sy gt | 0195 to 1225 because of adverse crop rsports from! 1Gen Fireprig n Al 1 Premier Giold M 3 Sheep—Receipts, 12,000 head; mar- the Southwest, but quickly reacted. One | 2 Gen Indust Aleo vie 34%a 341 17 Posn Antelone Cop 477 ket steady; fat native lambs, 14.00 to ul . 1Gen Print_Ink.. As% A 2 Shattnek o ) 3 e ; Sy Teport said that an account of exces-| b Cen pupge R 2 Shatneic penn. L AT T .25; rangers, 14.00 to 14.50; grassy sive rains mold was found in wheat A il ‘Go 5 % Tononah MinTooU yma 1 yearlings, 11.00 to 11.25: fat’ ewes, 6.00 shocks and that the probable maximum | o fd 93%s 93 3 11Wendon_ Crp 0 13 3! pad | to 6.50; feeders, quotable steady; lambs, vield in Oklahoma was 35,000,000 bush- 1 p it % 28..!_1Yukon Gold % % | good and choice, 92 pounds down, 13.75 s and in Kansas 115,000,000. The {gtisin,, EPENDENT or‘srocks. | fo 1465 mealum, 1235 o 13.15; cull forecast for Canada. though, and for s Oon it | and common, 9.50 to 12.25; ewes, medi- | stic territory Northwest inted | 2 Al Maraceibo. o, .. | um to choice, 150 pounds down, 5.50 to S editions] moiture, and the break- | AGE T C Hon vi¢ 283 8 G *stia.” 2 i 4, 675 cull and common. 250 fo 5,50 ing of the drought became the domi- | tham Raibee Ma 2315 (1 Salen Of of'*| feeder lambs, good and cholce, 12. nant influence at the last, as was the moph 2Creole Pete....... . . | ol case earlier in the day . | sebz iDarby Pete : | Wheat closed nervous, at the same | ohin O as yesterday's finish to !5 cent down, | 2 Derby O & Ref { = . = = 7,Emn G&® &% cum pfd 106! MONEY MARKET. corn ;¢ to 1'sc up, oats unchanged ;B to #%c off and provisions unchanged evden Chem i2.Guit O Pa 1733 i to a setback of 12c. iram Kalk G} uatis b, B3t 1 Homaskin * Oit a3 NEW YORK, June 26 (P).—Call| ;}mg;'g‘v_v. ,;X’}.l Gas 185 1hd 15, (moncy steady, 10 per cent all day. TR 337 331 | Time loans eacier; 30 days. 8; 60-90 Close. | fousehold Fin ptd Tiav | Bu g 18 iImp Chemical .... 1Insur Co N 1Lion il 21%2 3422 days, 8; 4-6 months, 7%. Prime com- 2 Insur Secur ..... 5! : 251 1 Mount Guif 4 Lo o mes A R o it mercial paper, 6, Bankers acceptances 3 Lone Siar Gas rts [ unchanged. 1 Mariand Mex S ur £ A 17 Mo Prod . . 3t heer Navine 50 2 AR B TR METAL MARKET. ¢ Fe L ey o 2 i .3 ; 7" NEW YORK, June 26 (P).—Copper F 3F e G steady: Electrolytic spot and future, 18. | o fosoy mehand, T sy « incom ; o . 1B¥an Con 3 i7a | 8 } future 45.25. Lead steady: If b h f h d ll by 58 A 180"k Bons 110111 513 | spot New York 7.00: East St Louts you Oug t I0Or 1nc €, there 1s no need to seil. Sepemse, R ‘ ! 18Salt Ck Proa i1l 2074 , | 6.85. Zinc steady; East St. Louis spot A 3 &abd and future 670. Antimeny 8.70a8.75. I Pe oo o e 233 - S s R . st INANCIAL editors, as this clipping from a leading newspaper e 5 e 'RUMOR OF AIR MERGER shows, recommend Cities Service Company Common stock as a good QN OB i IS REVIVED IN STREET| investment to buy and keep. AT P L e e ik s A Markets at a Gla=2 i b 2 Sy mp QUCaR 1l qe NN NI‘EW";’S;S '3""’ X ! The high investment character of Cities Service securities makes them I ets at a =8 || I - 4 2 5 K, June 26.—Meeting of | 2 B i . ar b 51 L 3 i 1100 Toter Pei Lid n. 22% 2 Wright - Asrontition] mrporaunngdx-w desirable to hold for l?oth income and investment. During the past i Ex.. 9 L L 12 :‘;Cw's‘]m?aytrmn:d persistent rumors twelve years, net earnings available for common stock and reserves NEW YORK, June 26 (#)—Stocks F 8 Son L 3 all Street that a merger of Wrigit e o strong: United States Steel leads up- | : TR P R and Curliss Aeroplane & Motor Cor- have never been less than 13% on the average amount of Common ,ward march. Bonds irregular; several | Sioze: 2 [ 1008 O Indiama ... 5214 837+ poration into the largest aviation or- stock outstanding. For the twelve months ending February 28, 1929, convertibles at new tops in enormous | i Mant - - 1008 O Nebraska... ..’ gafiization in the world was pending. they were 23.39% tarnover. Curb firm; Electric Bend > amERD oS e 21 HGC.C!\g‘."!I{'\);s,lprrsh;cnt of r(l:u.wuss, had Y 3970 v i . t B b - > ient to make on tl 't, . . . . . aid fim?l';:;e giidi‘f“m},’éfi?ge !;";:lflgaxmr;s 4 E . BONDS. | was stated at his office, . Lo 5 Since Cities Service Common shares were first nssuefl in 1910, dividends 10 points.. Cotton lower: favorsble have amounted to more than one huadred million dollars in cash weekly weather reports. Sugar easy: Cuban celling. Coffee steady; better Brazilian markets. CHICAGO. Junc 26, UP).— Wheat | steady; bullish Kansas estimate. e Ror digs (61 4t | SHORT-TERM SECURITIES. SafetyofaCitiesServiceinvest- and securifies. » (Reported by J. & W. Seligman & Co.) ment does not depend on im Ltd 5% &0 | v onaimiers Go. 5 1997, % conditions in aoy Dne ins Dividends on this security are being paid at the annual rate of 12% o 3 = e 9814 . = AR e & Tel. A 1953 1001 101% dustry, because Cities Service on the par value of the stock—one-half in cash and one-half in stock. GaseE "5 oos B | Armour & Co. Dela. 5is 1043 a8 " - enterprises are diversified. ot 5 . y Seatine €5 3%, o : - He Ol Sian Toly, . sk a7y ykewnsei, because of the in- Because the value of the stock” dividend increases correspondingly e YR AT o 11 043 | B anada 55 1958.°00 99t dispensable character of the with any rise in market value of the stock, it is unnecessary to sell Cities 250 Dve & Pr 6 services from which Cities i 2 . P 8 s ' f 2 Nor. Rw 35. 93 ¢ b Service earnings are derived, Service Common stock in order to profit from an increase in its market L n';vfifi"‘f’x“",‘id‘};’,gi : 4 they are not subject to the price. Shareholders benefit through an enhanced value of the stock : ile Coppe= Co. bs 1947, . e3% fluctuations common to less Py . . . . . ) g e | Gurtany Packing Co, bis i i dividends without disposing of their holdings. oaron & Me ‘s M 123 101 Del. & Hudson Rwy. Ts 1050, 1 100% essential eaterprises. posing 4 a b Admin Co 65 '53 98 8 Ldison EL 11 Bosion 4'>s 1930 98 ' 9a3; i A o R R e o HENRY L. DOHERTY & COMPANY ent States EI 85148 B4Iz 841n 8014 | Goodvear T. & 1957, 9 2 1 Mid West O e | Mid W Uil 7s_pfd % | Missouri Kans P L GERMAN BONDS AND STOCKS. | 1} }onayk By Pew o " 4 Mohawk Hud war NEW YORK, June 26 (Spreial) — | 33 ORI A Ger Govt Red Loan with drewing ' I Mores Merer o) Ctfs attached per 100 B M... 55.00 60.00 Mount He B oout Ger Govt Red Loan without ¥ micipal Serv drawing etfs per 1.000 R M.. 26.00 30.00 it - A (Quoted in dollars” per millién, markr) PP o Fogoted_indollars. pet i : Bat Santainer i 38 German Gen Elect 4'zs f{t-w Natl Fam Strs. . 35% R e el Aot Rub Mach; i R E O S T R p Fiscal Agents for Cities Service Company Hambure Rinerican Line 4us. .0 Nutsue RNJIWo. @20 4 Citles Serv B 06, Humbie. Ol Sae” 1087 """ L 634 Southern Bullding 3 North German Lloyd 4'us N'E Pow A opt war wi T4 1 P 43 Cit S~rv Pow 614 '5 » Internat Match Corp. 5 96 Branches in Principal Cities IErupp 55 1921, Nia Pow B opt fon s B 4343709 G 2 942 | Brfion, Short Ling 1s 1528 3 Neht Corp ons Tex 8s '41. . Pure Oil Corp. 5%s 1937 1 Neisner Bros ont'l G & E 5s A '58 S| it & i i Munich 45 prewar oLl |1 Nelsher BiGs b udahy o1 146 9 +| Bhell jpnien O Co. Be i § Lar 28 HENRY L. DOHERTY & CO. AE o (Gefitty betiec) ? o [ e hacen Clobk. . et Intl 81 83 andard eizey 5s 1048, 1001 Southern Bldg., Wushington, P, C. f'&“'fifi.e nugx Erivat Bal nynu _ §g grlx‘z;‘ _:‘;..:‘n R xz &3“ g‘: & g? = 3 | L Sonthwestern Ry. 4s 1932 9414 Send copyof booklet describing the investment possibilities of Cities Service securities. sconto Gellschaft.. ... 011111 ' AN ¥ Inyesm . PasoNat Gasela 5 " q0815 | SUIIt & Qo B3 AR hi % Tiiner Handels.......... . ... 5 1N ¥ Tef Co pid Paso NatGas6’ 5’38 101 Bl B O Caliy s 1005, %8 87 Name.__. e Bicraner Bank. 2 5 Ningara Shates ... ize Ok Rslas e Wentern Electric Go. 82 1944 10115 Addr B raeates” Barik ks §7.00 2 Noma “BIb et et ot Ml o ogny | Wheeling Bteel Corp. Blas 13 99'a gy 5 rest T & R 85 '42 4 ——— City. g';:a," EHE i L ‘M‘l""‘;%& Jariock Pack sx a6 . 1o0* B 108 Drought has cused destruction of cmfmu Po '5: ‘58" 93t the rice crops in parts of China, 3333 3 Washington, D. C. 38585253 Dusseldorf 45 pre-war’ Peankfort a-M 43 pre-war. 8853 00GQA00200000TZEL > 223> 2> > >0 225 > 5 > o8 3o wanos St LLic) 223CS2BEERE !!‘!?lg‘ o .00 orth Ge-man Llovd . . 12700- ° linflrlh astern P Austrian A E G (Generai Elec), 3.00 590 _ 9Nor Bta B_A.......y 499 1 B3INIR=LoSN ' 0! ¥