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i & Figures tolr May and Year to| Date Reveal Increased Profits. BY EDWARD C. STONE. Not income of the Washington Gas t Co. for the month of May was 8! 2”702 an increase of $36,021.84 over the mdm:moathmtm filed with the Uuuufi- Ox;enung Tev. enues for May, “Those thus far for the year were $2.- 603,597.78, present o ‘The cmnplny sold 535.928,506 cubic of gas during the month, or 15,696, 02 more than in the month a year ago, 2,857,112,724 for the year to date, #n increase of 107,229,239 over the com- Pparative period last year. :. There ‘were 541,367,700 cubic feet of manufactured during the month, being 585,900 more than in May, 1928, and gas manufacture for the year thus far, 2,917,046,800 cubic 1m is 044,400 in excess of the correspond- period for 1928, ! Georgetown Earnings Also*Up. ! The met te income of the S town Gas Light Co. for May was 19,632.72, or $7.080.06 more than in y, 1028, and the total for ths year date, t'l! 378.06, represents a gain of over the same months in i Oper-unx income for the month was MIIM ln advance of "lfll 55 over the total for the to h ”73"003 or $20,503.06 above a year ago. Com-~ ‘mission under Prumem Roosevelt, pn- med ‘himself for the greater ty of chiel examiner of the Tariff Dunnztt-h‘z“ "N i secretary of the Na Im Board, of which Chief Mm ‘Taft was chairman. Mr. Lauck was active in the fight to obtain a central banking synem whlch resulted in the P:g:nl Rel:erve syl;tu& lnd l\u wide experiences e money -nu banking field. Among other directors of this local investment trust are Willlam M. J: chairman, and Rolfe E. ‘Bolling, presi- dent of the Merchants Bank & Trust Prlcee of commodities declined four- declines and 24 advances. Heard in Financial District. J. Dann Faber will preside at the final meeting of the year of the audi- tors’ section of the District of Columbia Bankers' Association, tomorrow nt[ht. at Olney Inn, As the section’s chairman, Mr. Faber has done mm commendable work in placing the new organization on a solid foundation. ‘There was a large attendance at the meeting of the bankers’ luncheon group at the Willard today, when Wilmer J. ‘Waller presided for the first time as president of the District of Columbia Bankers’ Association, It is quite b~ able that the new president will follow t.hz example of Past President Robert ing and appoint some of the ]xemnng standing committees in the near [uture. The boerd of directors of the National ‘Bank of Washington, at its regular meeting today, declared the usual semi- annual dividend of 6 per cent, payable July 1, to stockholders of record June 29, according to announcement by the pfruldent George L. Starkey. orfolk & Western May _surplus, lflcl’ taxes and charges, $3,682,898, against $2,554,111 in Mly, 1928; regu- lar quarterly dividends declared on common and adjustment preferred. Exchange Trading Improves. ‘There were !evel‘!l'goodk !-;fica‘:g Ll'l!':- the local Stoc! nge to- oy among them being & S0-share block of Mergenthaler Linotype which #old ex dividend at 105, and a 50-share block of Security Storage which = S Ereciric preferred sold to- lway prefe! day at 96; 30 shares of ts Transfer & St came out at 1073, and 100 shares of Barber & Ross mon sold at 19, the ume'gnu at Whll:hulrodfl.-lhl;aflzhtlk chanj at yes ational vm’nem p’neflsfl sold at 554. lnd 150 shares of Real Estate Mortgage & Ou-rlny preferred came out at 7%. Twenty-five shares of Chevy Chase Dairy preferred rmwrea 106 Poto. mac cent Wmed moved at 1001/4. '.he 6 per cent ferred registered 1113 cnd an lot gtwghc 4. o Bonds were. lgl.n in fair demand. Tha largest i‘:oo Wllhlnlwn Gas 6s, ~Prev. 1920~ High. Low. Dividend Rate. A&t men. Low Bb4% 384 Ablulfl Power&Pap 3 42 41 88% 79 . Abitibi P& P pf(s) 159% 101 Abraham & Straus. . 9% 85 Aulm-flxw oF (5) 27% Al 27 Advlnu Rumley. 40% Advance Rumley Df. 2 60 50 2 Ahumada Le: B 7 M 95% Alr Reduction (3)... 39 151% 1"1 87T% Air Wal El Ap(2%) 2 41 40% 4% Ajax Rubber. 6 5% 5% 41 Alaska Juneau. 3 5% 5% 7% Alleghany Corp..... 225 354 Sd‘u % Alleghany C pf (5%) 01 101 100% Alleg'y pf rets(5%). T)% 241 Allied Ch & Dye (6). 319 86 Alliance Realty(f13). 90s 105 105 166 Allis-Chalm Mf (7).. 30 268 2594 22% Amerada Corp (2) 24% 10% Am Agricul Chem... 12 40% Am Agricui Chpf. 434 110 Am Bank Note (13 129 60 Am Bank Note pf (3) 7os 6015 15 Am Beet Sugar. 14% 46 Am Beet Sugar pf... 51% 40% Am Bosch Magneto. . 58% 41 Am Brake Shoe 2.40. 7 55% 54y 120 AmBrS&F pf (7).. 10s 120% 120% 15% Am Brown Bov Elec. 16 31% 30% 49% Am Brown B E pf(7) 1408 85% 151%-107% Am Can (14 s 477 153 4 A 1 lZlk 121% 5 5 601 15 X 51% 25 59% 46% Am Chicle (2). A 43% Am Com Allc (k1.60). 28% Am Encaust Til (2). 3 75% Am & For Power.... 274 1 5'1. lfll% 95 Am & For Pw pf (6). 10s 88 Am&ForPw2dpf.. 7 ‘fl‘fi 91": 24% Am Hawallan (1). 4 30% Am Hide & Lea bf 64 Am Home Prd (3. 38 Am Ice (13). 89% Am Ice pf (6). 52% Am Internat (12). 102% Am Locomotive (8).. 147% Am Mch & Fdy (4).. 50 Am Metal (3). . 5% Am Piano. . ol 8 81% Am Pow & Lt (f1)... 215 133% 79 AmPRLpLAst(5). 5 81% 40% Am Rad&Std San2% 378 48‘& 43% Am Republics. G 106% Am Roll Mill (¢2)... 61 Am Safety Raz (15). 8% Am Ship & Com..... 3% 81% Am Shipbuilding (§) 20« 84 9315 Am Sm & Refa(4).... 130 Am Sm & Ref pf (7). 56 Am Steel Fdy (3). v pf (7). 65 Am Stores (2). 71% Am Sugar Rfg (5) 104% Am Sugar Rfg pf( 36% Am Sumatra (3) 17 Am Tel & Ca (5). 193% Am Tel & Tel (9). 160 Am Tobacco (8)..... 160% Am Tobacco B (8) 136'% Am Type Fdry (8)... 67% Am Water Wks (c1). 217 1 16% Am Woolen. . 1 63 124% 8 171% 31 65% 42 119& B 63% 89% AmWrit Papr pf (3) 24% Am Zinc LA&Sm 99 Anaconda Copper(5) 1392 115"’- 62% - Anaconda W&C (3). . 70% 44 Anchor Cap 12.40)... 44% Andes Copper (3). 29 Archer-Dan-M (2) 86% Armour Del pf (7) 10% Armour 111 (A). <24 Artloom (2). 27 Art Metal (1%). 49% Asso 43 Asso 40% Asso Oil (2) . fllw 195% Atch T& S Fe (10).. 10414 99 Atch T&SF pf (5)... 191% 169 Atl Coast Line (110). 67% 32% At G & W Indies. 59% 45% AtlG& WL pf (4) 21 61% 2% 53% Atl Refining (t1%).. uo 10% 335% 221 Auburn Auto (j4). a 10 5% Austin Nichols. 271% 210 4Baldwin Loco (7)... 60 256 125 114% Baldwin Loco pf (7). 10- 1185 133 11b% Baito & Ohio (6).. 126% % n.u-momvtm.. uwmsm 133) Bang & Aroos pf (7). m. m Barnsdall (2). . B4 100 Bayuk Cgr 1st pf(7). 40s 20 Beacon Oil [ 73 Beech-Nut Pack (3). 1 11% Belding-Heminway.. 2 81 Belg NRyptpf (16). 1 78 Bendix Aviation (2). 133 75% Best & Co (3). 10 821 Bethlehem Steel (4). 906 116% Bethlehem Stpf (7). 2 110% Bohn Alum&Br(14).. 26 1 5% British Em 42% Brockway M T @) 60% Bklyn-Manhat (4)... 170 Bklyn Union Gas (5) 38% Brown Shoe (23%)... 3814 Bruns-Balk-Col(3).. 18 Bruns Ter & Ry S. 25% Bucyrus Erfe (1).... 88% Bucyruscvpf (2%). 54% Buff & Susque....... 51% Buffalo & Susq pf (4) 46 Bullard Co (1.60).... 22% Burns Bros B 829% 234 Burr Add Mch 5. 103% Bush Term deb (7).. 110 Bush T Bidg pf+7).. 4% Butte Copper & Zinc., 6% Butte & Supérior (2) 28 Butterick Co. 122% Byers (AWM = s anoTasacn oy 33 1 72% Callf Packing (4). 1% Callahan Zinc & L. .. 124% Calumet & Ariz (10). 61% 36% Calumet & Hecla(4). 90% 78 CanadaDryGA (5). 265% 218 Canadian Pac (10). . 48% 36% Cannon Mills (2.80). 5 101% 95 Car Clin & O sta (5). 30s 331% 308 Case (J ) ctfs (6)... *2 42% 223 Cavanagh-Dobbs.... 1 79% B2 Celotex (3)......... 1 48% 30 CentAguirre (2).... 2 5215 40% Cent Alloy Steel (2). 53 112% 105% Cent Alloy Stpf(7).. 108 128 88% Cerrode Pasco (6).. 1 28% 16% Certain-teed Prod. 811 47% Certain-teed pf. 230 195 Ches&Ohio (10).,.. 38 78% Chesapeake Corp za) 63 11% Chi & Alton. 11 14 Chi& Alton pf.. 28 Chi& BastIll. 50 Chi& East 1l pf... 12% Chi Great Western, . 38 Chi Great Westn pf. 27% Chi Mil St P&Pac. 46% Chi Mil St P&Pac pl 80% Chi&N W (4) 28% Chi Pneu Tool. 48% Chi Pneu T pf G- 139% 115 Chi RI&Pac (7). 98% ChiR1& Pacpf (6). 28% Chi Yellow Cab (3). 37% Chickasha COil (3). 44% Childs Co (2.40).. 66 Chrysler Corp (3) 49 CityIce & F (3.60).. 100 City Ice & F pf(6%) 201 City Stores (1). 248 CCC&StL (8) 73% Clev & Pitts (3% 31% 38 70% Colo Fuel & lll’ cee 5315 Columbia G&E (2) 103% Colum G&E pf A (6). 55% Couml Graph (29.1c) 490 121% Columbn Carbn t4%. 25 43 Com Credit (2)...... 153 25 Com Credit pf B (2). 40s 95% Com Crd 1st pf(6%).280s 10\ 131% Com Inv Trust (14).. 16 164% % 27% Com Inv Trst war... 101% Com Inv Tr pf (7) 226% Com Solvents (h$).. 107% Comnwealth Pwr t4, 59% Conde Nast Pub (2). 19% Congoleum-Nalrn 69 Cong Cigars (151 ) 76% Consol Cigar (7). 84 Consol Cgr prof 6% .nn- 25 nsol Film In pf(2) ”1 ng B 884 Contl Baking of (') . 60 Contl Can (2%) « B85 79 Contl Insurance (3) . 25 17 Centl Motors (80¢). . 82 Corn Prod (13)..,., %0 96. 80Y, 6% 86 TKE' LVENING P lazw 184 29 all, 38 0% T4% 2% 99 1 844 B4 ;:% 84y 121% & ‘7 17% 15% 16% 114 102% 100% 1 ‘STAR, WAS ~Prev. 1920~ Stock and igh. Low. Dividend Rate. Coty Inc (g2).... 44 60% Crosley Radio (11 3 92n Crown Cork & Seal.. 2 43% Crown Zellerbach (1) 4 201 Crucible Steel (5)... 113 103% Crucible Steel pf (7). 1 109% Cuba Cane Sugar.... 4 3 Cuba Cane Sugar pf. 8% Cuban-Am Sug pf. . Cudahy Packing (4). 51 8514 424 Cutler-Ham (3%). % Davison Chem.... Deere & Co pf (7) 1 Delaware & Hud (9). - 46 Del Lack & W (1) 1 “ Denv&RG Wopt.... Devne & Ray A (1 63 Devoe & R 1st pf (7). Diamond Match (8). Dome Mines (1)..... Dominion Strs (1%). Drug Corpn (4). . Dunhill Inter (14).., Duplan Silk (1).. Du Pont de N(t43%). Dupont d N deb (6).. Durham Hoslery Duquesne 1st pf ( 208 5 193 Fastman Kod (18).. 4 177% 4 Eastman Kod pf (6).170s 125% Eaton Axle& S (3).. 21 63 Elec Auto Lite (6).. El Auto-Lite pf (7) Electric Boat El Pwr & Lt ( Elec Stor Bat (5) dicott-John (5)... Zng ub Serve (1), i Iing Pub Sve pf(53). . 263 1 ErieRR2d pf.... Eureka Vac Cl (4). ans Auto L(12%), change Buf (13%). F- Fash Pk Asso(k23%). 1 68 Fed Lt & Tre ($1%). 11 102% Fed Motor Tr. (80c).. 34 15% Fid Phen F Ins (2) Filene's Sons. 26% Fisk Rubber...... Fleischmann (133%). 2 Follansbee (12%).“ Foundation Co. Fox Film A (4) Freeport-Texa: Gabriel Snub A, Gardner Motor. . Gen Am Tnk Car(14) Gen Asphalt...... Gen Bronze (2) Gen Cable..... Gen Cable A (4)..4 Gen Cigar (4) Gen Electric ( Gen Elec spec (60c). Gen Gas&EL A (el1%) % Gen G & EIDfA (7),. Gen Mills (3)., Gen Motors (13. Gen Motors pf (7)... Gen Outd Adv A (4). Gen Outd Ad vte (2). Gen Ry Signal (5)... Gen Refrac (13%).., Gillette Safety R (5) Gimbel Bros pf (7)., 4 Glidden Co (11%). Glidden pr pf (7) Gobel (Adolf). Gold Dust (23). Goodrich B¥ (4) Goodrich pf (1) Goodyear Tire (5). Goodyear 15t pf (7) Gotham Silk H (2% Gould Coupler. Graham-Paige Granby Consol Grand Stores (1). % Grand Union... Grand Union pf (3) Granite City St (3).. Grant WT (1)...... Grt North pf (5).... 30 Grt North pfet (5).. 10 Grt Nor Ore (a1%).. 206 Grt West Sug (2.80), 14 Grt West Sug pf (7). 10s 88% Greene Can Cop (8),. 33 Gulf Mo & North..,, 2 Gulf Sta Steel (4)... 43 Hahn Dept Stor Hahn Dept S pf(6 Hanna (M A) 1st(7). 108 % Hartman B (120)... Hayes Bdy (b8 %stk) Hershey Chocolat Hershey Choc pf (4). Hershey Ch pr pf(6). Hoe (R) & Co. 4 Hollander & Son. 7i4 Houd Hersh B (1%). 101 Household Prd (14). 6 Houston Oil. i Howe Sound (1414 ) 7 Hudson & Man (2%). Hudson Motor (5)... 40! Hupp Motor (£2). 1- & [llinols Central (7) Iilinois Cent pf (6) Independ Oll & G (2 Indian Motor Cycle Indian Refining. .. Indian Refining ct. Ingersol Rand (53). Inland Steel (3%) . Inspiration (4).. Interboro Rap Tran.. Intl Agricultural Intl Cement (4)... Intl Comb Eng (2)... Intl Cmb Eng pf (7). Intl Harvester (2%). Intl Harv pf (1).... Intl Match pf (3, Intl Mer Marine. Intl Mer Marine pf. . Intl Nickel Can (80c) Intl Pap & P A(2.40). % Intl Pap & Pwr B Intl Pap & Pwr C. . Intl Pap & Pwr pf( Intl Print Ink (23).. Intl Rys Cent Am. .. 4 4 Intl Ry Cn Am pf(5) .260s 74 .Intl Salt (1%). 108 70% Intl Silver (18) 2 142% Intl Silver pt (7) 108 109% Intl Tel & Teleg (2). m'u 95% Inter Dept St (2) 72 3 - Jewel Tea new (3) 7 824 Johns-Manville (3).. 169 189 Johns-Many pf (7). . 200s 121 Jones & Laugh pf(7) 10s 120% Jordan Motor Car. 4 % 2 28% 4 9 Kan City Sou (5) i % Kan City Sou pf (4)., 64% Kelly<Spring Tire Kelly-Spring 8% pf.. Kelsey Hayes (2). Kelvinator Corp. Kennecott (5)....... 33 Kimberly Clrk(2%).. 12 Kinney (GR) (1)... 22 Kinney (G R) pt fl) 508 Kolster Radfo. 25 Kraft PhCh (1%). .. Kralt Ph Ch pf (6%) Kresge S §.(1.60) Kress S H (1). Kreuger & Tol(1.84) Kroger Gr&Bak(c1) Lago Oll & Lambert Co ( Lee Rubber & Tire Leh Port Cem (2%). Leh Port Cm pf(7) Lehigh Valley Coal, . Leh Val Coal pf (3). Lehigh Valley (3%). Lehn & Fink (3). . 4 Liggett & My (15) A Liggett & My B (15). Lima Locomotive. .. Lig Carbonic (14%). Loews Inc (13). .. Loose-Wiles (2.60). . Lorillard (P) Co Louisiana O1l. .., Louls Oil pf (8% LouG & EIA (1%) Louis & Nash (7). Ludlum Steei (2) ll 52 McKes & Rbpf(3%). m Mack Trucks (6)..,.. Macy Company (13). ll l!l 1824 lfl( Madison 8q G (1%) ., Sales— Add 00. mrn lmv a&n olou 48% 142% 144 341 22% 43% 42 146 21 44% Stock and Sales— Dividend Rate. Add 00. High. Low. Close. Close. 5) 8 69 68% Mallinson bt (1) Man Shirt pt (7). Mandel Bros (234). . Man Eléc Supply. ... Man Eilev mod (d5).. Man Shirt (2)....... Market St Ry pr pf. . Marland Onl. ... Marlin-Rockw (t4). Marmon Motor (4).. 31 Mathisson Alk (e2). . 107 Martin-Parry. May Dept Strs (1) Maytag Co (12). Maytag Co pt (3). Maytag Co 1st pf(6). 4 Melville Shoe (1.40). Mengel Co. ... Metro Gold pf (1.59): Mexican Seaboard Miami Copner (4) Michigan St (23). Mid-Continent P (2). Middle States Oil. .., Middle States Oil et Midland Stl pf 1107 Miller Rubber Minn Moline Pwr. .. Minn Moline pf 61 . Minn & St Lous. .. MStP&SSM. 4 Mo Kan & Texas. ... 60 Mo Kan & Tex pf(7). Missouri Pacific..... Missouri Pac pf (5) Mohawk Carpet +2% . Mont Ward (2%)... Moon Motors. .. Mother Lode (40c). Motion Picture. Moto Meter A et Motor Products Motor Wheel (2).... Mullins Mfg. . 4 Munsingwear (13 Murray Corp (a3) ] Nash Motors (6). atl Air Trans. . Natl Bella Hess(3 Natl Biscuit (161).. 16 Natl Biscuit pf (7).. Natl Cash Reg (t4).. 3 Natl Dairy (11%)... 452 Natl Distillers...... 14 Natl Distillers pf(7). 6 NatiEnameling (2). Natl Lead (5).. Natl Lead pf A (7).. 4 Natl Pwr & Lt (1) Natl Radiator pf.... 1 Natl Ry Mex 1st pf. . Natl Tea (1%). 4 Nevada Copper (3). Newport Co A (3) wton Steel (3), Air Brake (8) ¢ NY Ccmul 8) 1005 1005 # N Y Raflways pf. . 1 N Y Steam 1st pf(7). 108 Norfolk South (2%), 8 Norfolk&Wstn(110). 28 Norfolk&Wstn pf(4) 30s North Am(b10%stk) 504 4 North Ampf (3).... 2 North Am Ed pf (6).. 1 No Ger Lloyd (3.41). g Northern Pac45) 54 North Pacct (5). O11 Well Supply. Oil Well Sup pf 11)..100- Oliver Farm Equip.. 4 Olivr Fr Epev nt(3). Orpheum Cir pf(8). Otis Steel...... Otis Steel prpf (7)., Otis Elevator (6) Otis Elev pf () Outlet Co pf (7) Owens 111 Glas: Pacific Coast 2d pf. Pacific Gas & B (2). Pacific Lighting (3). 16 Paeific Oil stubs..... 22 Paeific Tel & T (7).. T0s Pacific T & T pf (6).. 10s Packard Motor (15), 64 Pan-Am Petroleum 2 Paramount. Park & 'rnrord (3 Park Utah (80c) Pathe Exchange Pathe Exchange A. Patino Mines (3. Peerless Motor Car. . Penick & Ford...... Penn Dixie Cement. . Pennsylvania RR(4) 187 People’'s Gas Chi (8). Pere Marquette (18). Pere Marq-pr vf (5).. Pere Marq pf (5). Phelps Dodge (3) Phila & Read C& I.. Philip Morris (1). Pnillips Pete (1% Plerce-Arrow A Plerce Oil. Plerce O pf..... Plerce Petroleum Pillsbury Flour (2).. Pirelli Co Au288)... Pittsburgh Coal..... Pittsburgh Coal pf.. Pitts Steel pf (7). Pitts & W Va (6). Poor & Co (12)... P Rican Am To (A)7 4 Postal Tel & C pf(7). Postum Co (3). Prairie Oil & Gas. Prairie Pipe L (14).. Pressed Steel Car. .. Pressed Stl C pf ( Prod & Refiners. Pub Sve NJ (2.6 4 Pub Sve NJ pf (6) Pub Sve E&G pf(6) Pullman Corp (4)... 338 Punta Alegre Sugar. 6 Pure Oil £1%) 48 Pure Oil pt (8). Purity Bakeri 4 Radio Corp. .. 492 Radio pt B (5). T Radio-Kelth-Orph A. 285 R R Sec 1C stk C(4). 108 Reading (4) Real Silk Hoslery Reis (R) & Co...00 Remington-Rand. Reming-Rnd 1st (7). Reming-Rnd 2d (8).. Reo Motors (11.60). Rep Iron & Stl (4). Reynolds Spring. Reynolds Th A (2.40) Reynolds Tb B(2.40). Richfield O11 (2) . Rio Grande O1l (k2). Ritter Dental (23).. Rosaia Ins (220).... Royal Bak Pwdr(1). Royal Dutchial.336) Safeway Stores (3) 1954 154% 97 93 y P (6).. 108 102 10s 111% 8 124% 43 Safeway Strs pf (7). 10s 105 14% 123% 105 124 138 5% 27% 110 3 88% 274% 274"4 I'll W 175 9:!!/: 61% 18% 144 b 139 874 4 3414 St L Southwestern 381, Savage Arms (2).... 20 Schulte Retail Strs. . 12 Seaboard Air Lin 16% Seaboard Air Line pf Seagrave (e1.20). 139% Sears Roebck (22‘& TR 4 4 Seneca Copper.. 41 Sharon St Hoop (1). Shattuck F G (2).... 25% Shell Union (1.40). 48% Shubert Theater (5). 75 Simmons Co (3)..... 184 Simms Pet (1.60).... 35% SinclairOil (1238)... 327% Skelly O (2)..00u.e Sloss-Sheffield pf (7) 33 Snider Packing pf... 34 SoPorto R Sug 12%. 124% So Port Ric S pf (8). 53% Southern Cal Ed (2). 3515 Southern Dairies A.. 42 10% Southern Dairles B.. Southern Pacific (6). Southern Rwy (8)... 93 Southern Ry pf(5).. 50% Spalding A G (1.60). 34 Spang-Chalfant..... 170% Sparks Withgtn (14) i 59% Sparks Withgtn (n). 351 Spencer Kelg(1.60). . 45 Spicer Mfg.... . 464 Spicer Mfg pf (3)... 7% Spiegel-Mav-St (3). 17 Stand Com Tob (1).. 80% Stand Gas & El (3%) 62% Stand G& E pf (4)... 64 Stand Of] Calif (13). 48 Stand OLIN J (12). .. 38 Stand OI N Y (1.60). 4% Stand Plate Glasss. . 65 Stewart Warnr(3%) Studebaker (15) 2 Submarine Boat. 57 SunOil (g1). 10014 Sun Oil pf (6). 7 Superior Oil. 34 Superior Steel.. 12% Symington A.. U S Tobaceo (3)..... 8 84 71 Univ Leat Tob (3) 15 76 120% Univ Leaf Tob pf(8). 8s 122 132 83% Univ Pict 1st pf(8).. 20s 10% Univ Pipe & Rad 3 12 35 Ul Pwr&LtA o2y 60 Wabash 16 2214 Waldor! | Systm (1*) 47 23% Walworth (1.20) 21 o 118% 117% 947 !8% uu. 20% 14% 11% 134 146 95% 591 40% 245 614% 19 Telautograph (1). 16 Tenn Cop & Ch (1).. Texas Corp (3). 70%, Tex Gulf Sul (4) 16 ' Texas P C & Ofl (b5). 18% Texas Pac Land Tr.. 16% Thatcher Mfg. 85 Thatcher pf (3. 3414 The Fair (2.40)..... 44 Thompson J R (3.60) 171 Tide Water Asso.... 84 Tide Wat Asso pf(6) Tide Water Oil(80¢) . 22% Timken Det Ax(80c). 7315 Timken Roller (3) 14% Tobacco Pr (1.40)... 52 18 Tobacco Pr A (1.46). 32 9 Transcontinental.... 9 38% Trico Prod (2%4). ... 19% Truax Traer (1.60).. 44% Truscon Sul (31.20). 40% TwinCity Rp T (4).. U- 91 Underw-El-Fish(4).. 24 Union Bag & Paper. % Union Oil Calif ( 209 Union Pacific (10) 81% Union Pacific pf (4). % 121% Unlon Tank Car(5 78% Utd Afrcraft&Trans 68% Utd Afrcraft&T pf 3. 41 Utd Biscult (1.60)... 16% Utd Cigar Stores(1). 90 Utd Cigar St pf(§). . 58% Utd Corporation.... 1724 45 Utd Corp 81i4, 30 Utd Electric Coal(3) 109% Utd Fruit (c4)...... 27 USCastlrn Pip(2). 16 USCstl PLe3).. ..o 1st(1.20). 83% 4% 83 11% B0 44% 43 ° 6% Vadsco Sal 68 Vanadium 60 Van Raalte 1st pf. Victor Talk pr pf(7). 9% Virginia-Car Chem.. 6 12% 36% Virginia<Car 6% pf. 86l Virginia-Car pf (7). 99% Va El & Pwr pf ( 9 115% !}Mi 424 89 45 Warn Br P pf(2.20) .. 2815 Warner-Quinlan (2). Warren Bros (15) 15% Warren Fdry & Pip: 3l 3 Y 725 Webster-Eisenlohr. . 37 Wess Oil & Snow(2). 10 39 4 62% WessO&Snpf(4).. 11 113 132 16 4 109 Dividend rates 53% 163 % 94% 95% } o 106 105 "3: lfi* l?‘lnllwk. 94 \West Penn El pf (6). 20s 108 West Penn El pf (7). 40s West Penm Pw pf (7) 108 321 Western u-ryland‘ . 44 32 Western Pacific. 56 Western Pacif pf.... 179% Western Union (8).. 43%_Westngh Air Brk(2). 1378 Westngh EI&M (4).. 235 Westngh E 1st pf(4) 50: 12 Whitk Sewing Mach.. 19% Wilcox Oil & Gas. . 31 “flcoxmflh(An%- 34 Wilcox Rich(B)c2 20 Willys-Over (c1.20). 92 Willys-Over pf (7).. Worthington Pump. 66 Worthington B, Wright Aero (2) 70 Wrigley Wm (4). 61% Yale & Towne (4 34% Yellow Truck & 52 Young Sp&W (12%) 105 , Young Sheet & T (5) RIGHTS EXPIRE 3 AmTel&T..July 1 694 23 Ches & Ohlo..July 1 80 4% Colum Gas&Elec ... 5% Col Graph 377 uly 10 513 July 5 404 July s 27 Sales of Stocks on New ynkm-... 572,800 0: as gl in_the lbova llbll g P LTI T i £ B '.ng'&sn e - PHONE CO. TO SPEND $331,150 IN QUARTER Extension of Conduits and Improve- | te! ment in Exchanges Among Changes Planned. Adaitions and improvements to the telephone system in Washington, in- cluding routine construction for the third quarter of the year, involving ex- penditures of $331,150, have just been authorized by the board of directors of the Chesapeake & Potomac Telephone tion brings the total Dl!i 7 184% 182% | Adams-Columbia, intic-Lincoln cen- A1 10% 18% 1’% 18% tral office areas vihe installation of additicnal central office equipment in the downtown Washington offices. Under the routine construction proj- ects authorized will be the extension of underground conduit and cable systems in every section of Washington and the installation of switchboard additions, hone equipment and private branch Re .switchboards. e g L BUILDING CONTRACTS. NEW YORK, June 28 (P.-Dodge tion reports 't during week ending June 21 eonmm for mw building and engineering work, amount- ing to $122,721,500, were let in 37 States east of the Rocky Mountains, compared with $143,649,600 Inst week, and $179,421,900 in the corresponding week: last year. GOLD SHIPMENTS, NEW YORK, June 26.—The Guaranty Trust Co. is receiving $1,850,000 in gold from Buenos Aires today. A $2,000,000 shipment, also from Buenos Aires, is due here July 24 !wthecantnlfln over Bank & Trust Co. Wall Street Briefs By the Associated Press. United States Steel Corporation an- nounced the subscription response by stockholders for common shares at $140 a share in ratio of one share for every seven shares held was “ ly successful.” Stock offered totaled $101,660,500. " [Rail and Utility Issues Lead - in an Active, Rising Market. BY STANLEY W. PRENOSIL. Associated Prese Financial Editor. NEW \’OHK.t -"’l'm;n“ —A broad w- todny‘l market wlf.h the railroad nnd blic utility a Nlm record igh levels. Whllz the indi age was still a few wlntaundcrthe year's top, the recent advance has tically wiped out all of the grount in the May reaction. Call money renewed unchanged at 10 per cent, with an apparently sufficient uu ply of funds attracted fo keep the at that level all day. There was M change in time money on com- mmhl per rates. Wall street is or another large increase in Me reserve brokers’ loal this week, due not only to the rz‘iu‘l of bullish activity in the stock ma: to the expiration of stock purchase “Tights.” Merger Rumors. * Strength of the high grade railroad public utility and industrial shares, more than a score of which established new high levels, testified 80 a strong in- | vestment demand. Professional opera- tors also were reported to be heavy buyers of those stocks on an effort to revive speculative con in the general market. 1 | showed & moderate e: xpansion ume, but Eublicflrarflclpcuvn ‘was still on & muc! than it was before the sharp break in prices last month. Merm rumors continued to play an important part in market operations. ‘Wright Am-um-l. which is expected to enter into some form of a ¢ tion with the Curtiss group v]:n;l. ran up 7% points, and Cur- Public utilities were again heavily t. New high records for th yur, ger, were registered by In tlonal Telephone, North Amzflnu o American Power & Light and Public Service of New Jersey, the gains run- ning from 3%, to 7 points. American w:ur Works advanced 5, Standard Gas 1 ll. 27; Springs, 41; Pt h s 20; turkeys, ~32a30; duch, l'll20 heavy geese, 15. g TG _ $3000,000 GERMAN LOAN. NEW YORK, June 26 (#).—A six- | months’ credit of s:mooo cent has been extended to cozonuonofoenuny Aomnhnkm(tynflnh. SR mm mm of the South Swed- pofl.l year was the worst since More than a third of our ex- put it on . the right basis of npcu and earnings.. We are specialists in apartment house manage- ment. % B, «F. SAUL "C&x Natl. 2100 925 15th St. N.W. Months of high money rates have depressed bond prices to levels which now e many issues attractive both on a yield basis and for possibility of price appreciation in the event of a easier interest rates. In our recently published lists of bond investment suggestions, the average approximate ynld. for 78 issues, excluding State and Municipals, was 6.04%. Send for Current Lists THE EQUITABLE - SECURITIES COMPANY NG The Eebiose ren Compony of New York StanLy Care, Representative 917 Fifteenth Street, N. W. WASHINOTON, D. C.