Evening Star Newspaper, September 20, 1929, Page 15

FINANCIA THE EVENING STAR. WASHIfiGTOfi D. €. FRIDAY, SEPTEMBER 20, 19%9 FINANCIAL. I oney to n . CONVERTIBLE BOND | Lo wonx BONDS o secaver] | POV D it [ Pt i | [ it Mortgage Loans .‘byprivnwml)hflu'l‘hfl-m for sale at par and seersed’ interest : > Low, Close. Tyhr and Rnfluflord' Inc. Consult Us Regarding Your Maturing Mortgage or Any GRflUP DEPRESSED : U‘E'lE'::?' .‘:“E,I‘A‘I“Es. Close. L1 fi;!m :3?.« 101 | Sompial Dlematel o T oes 20.—only as || MOTtSages Investments {I] 1520 i Street National 0475 Real Estate Financing Problem. % 10 6 726 41:6 b 97 | an interesting scheme for bullding up-a AMES ENNE! Ui tia 53 9823 [ wm 101% | system of terminal roads to expedite the J Y. P BA,KER We make 3, 5 and 10 year loans on houses, % 8 Lib4th 4% 5 9822 ts on the Atlan- I . Price Changes Mixed—U. S. e i o) s uioane i 'i: l;;% et oot onie lkely to be || Nat- 8291 1520 K St N.W. Korg1han D apartments and business property. sl % US4Ka52. 1 106 2« 106 23 10623 93% 934 | sanctioned by the Interstate Commerce I a P 2 3 Issues Rally—Rest of FOREIGN. . it w18 3L, 8, O, | Comminm on, d bankers and. ralicod da (s Located in Washington, nearby Maryland List Dull.® : ou Stnclair Of o 98| O . B Loree. hosd of the Delaware & Nl ond Pirgimia Sinclair Ofl 6%4s... WU 99% Hudson Railroad. - —_— < Sinclair O1l 7 1 101% 101% | Mr. Loree had made a number of un- . A incls a4 ccee te to rge transpor- g my cuamies v speane. |4 : Saemeiis ¢ 2k, o | et e, st nd 1o e : RANDALL H. HAGNER & CCMPANY, INC. Special Di h te The St South Beli Tel 101 101 | Southwest. In all of these ] NEW YORE m.:,,,.,,',' 20—Opposite | A Southwest Bell 5 101 101 |blocked by the Interstate Commerce Com lete i 1321 Connecticut Avenue N.W. tendencies wére shown in the - con- | ALS . Skelly OIl 8348 80 9 0 |Commision =The coup on which he \ P Decatur 3600 vertible bond market today, as the first | 4 - 7.. 14 92 Bl ¢ : . e 3 ¢ 108% 104 | of the Wabash and Lehigh Valley roads | Mort L it ity 's%fln::u;r&'x‘;s":f . 2 1024 102% | pranscont] OIl 6% % 101k 101% | and later selling them to the Pennsyl Investment N” "’Y" s Z‘f‘ 7""""""’ stocks. United Drug bs 53. 2 vl nm vania Railroad for $63,000,000 and at a t D t .l ew York Life Insurance Co. ‘After advancing 1% points, American |} i U S Rub Ist rf substantial profit over the cost price. S . ? 0 Letalls Telephone convertible 4155 declined 3 | po wm mm This now reposes in the treasury of the ervice igium 6 been well points. International Telephone 435 | Berium § 85 7 107 AR D z?nm&z':rrxrm B _1f you undertake the e ek arting 136 poinia lover [ Bairlum 7o 1056..5. 8 ¢ Vertientes Sug 1 S 75 75 |est during the period of high call money. management of your apart- % SR Amerioan Internationa) 6%s. had. an Walworth 618 35. . ¢ 101% 101% | The philosophy of Mr. Loree's latest ment. house properties or a Safe Investment early gain of 2 points, wmch estab= 4 W 2 95% 96 |railroad pmjectumtmw!nlhndmd " Bolivia 7s ¢f il 1004 101 | the section as far south as Chesapeake GreLeT & CO. you'll be co ly beset lished them at a new high level, but | poiviags.: Westn Unlon §33. . 108 101 ing of roads that LL wi 1 le: REA EST TE NOTES D R s White Eagle O 5%, 1ot m:“ o e’ l:ub:u::o et and outlet. for SANKERS th perplexing proploms— L A Reading 6s were up 1%. Smaller gains | grazj) 614 20 877 Wickw Spen 1st 3 the traffic of this territory than it now NVE LDING all of which yow/can consign occurred in Commercial Investment | Brazil 6148 1927 7 7% | Wick-8pen cv 7 u:ew:.m m,m‘hm, m,..,&..m systems 1 "’s",:},',z'.‘,'o',‘," D.C. to us profitably. Trust 5128 and in Southern Pacific 428. | Brazil 7 5 | Wilson & Co 18t i * within it, namely, the New York, New ® Secured b The rest of the market was quiet and | Brazi 8s. Win RepeatAr 7 4 106% 10615 | Haven & Hartford, New York Central, Telephone. National 3460 y with no definite trend. U. S. DuveTr:- Bremen 8 Youngstn S& T bs. 21 100 100 | Pennsylvania, Baltimore & Ohio and B. B ..SAUE CO. High-Class Improved Properties ment issues showed some rally. - & buying by the Federal Reserve Banks |Canadafs1od1..... o RAILROAD. Chesapeake & Ohlo. Nat’l 2100 925 15th St. N.W. the past week was quite heavy in cet- | C: L o 2% 102 |\ ohison adj 4 8% BT —= i tificates of indebtedness, amounting to | SH¢ &8 Atchison gen 4 900 91, 8al h. . Close. L Competent Appra1sals about $25,000,000, with some reduction i | Atchdeb 4348 4 3 £ in' Treasury notes. The holdings of s Atlantic C L 5 4 t 13 85 sublcru)!tons flor Stock now being received Government securities by the banks are : 2 B&OCY 438, 5 05! 3 TH NTGOMERY COUNTY | 2 0 now $177,609,000, compared with $224,- | B&Ortés y | Copenhagen 4%s ) . CoMmiR R EaR e T MY et ion oo . : BUILDING ASSOCIATION liieest have ‘been exhibiting a oot ‘market | S : 107% 107% h 1102 102 102 6972 Wis. A"'iul::;h:;‘;e'rr}’:e SN e ry““l;;ullm 4132 recently were quieter, but in most cases 2 Orgai .mwmi liette improvement. An ex- 5 MANAGEMENT Consult Walte ton, Pre: R. 8 trobi X coption’ was the Dery COrporation 7s | Denmark soe ii 8 B iy R ) oo evy CJ Md. which advanced 6 points. The Sugar | Demmark oes’ \biva 905 | Boston & Maine bs. ":Gé]‘"fi‘:‘.g‘.“ e ifmd‘ dar? é;n!mm" il E AVER mo e Tica i Producing Co. bonds were heavy, With | o on"pagy | 5 101 10234 102y | Brooklyn Elev 64, ErE . C. 1Inc the - continued extensions of time in| 5 ot 1021 102y | BKIyn Manhat Bupply Bec'y & T 3 # b ird 1 Bank. . Md, et C2 S ntont aeposty t | DUICH ESaE 16x i A e s o 9w —_— S e U e Sl REALTORS avold financial difficulties sentimentally | piniang 51 8% 8% 92 92 In Nearby Virginia Director, anumm v Scotits of Orville L. Rice.” Bethesds, Md. e B sln 914 1 Alfred B Baker < Chase, Md. S Furviiie. "Edsem ) 809 15th St: NNW. District 9486 Md. affecting these issues. Local tractions | pmand 2%a.. . i Ao were steady. Finland % 99 s sin 1 ruden 2 » ybux‘h:in e G 64 951 97 ? W 113% 113 5 /2 0 l"'“"":: = ngon cgl};el.:r In the foreign list there has be 7 v R e e e LT R 103% tosw | Can Nor 4 nese issues, but more new low prices | Tl lt o e | cen N . 0 | % 5 byt " s, finmrl:umrfi:lglvl;::sn "r‘r:em;enure German E1 P 6% ) g:: g::u,su ;‘7)“ gfi - - M e atate B Tas Certiias Ty & o tants. g of this week's new financing in bonds | Ger Gen Elee 7s. 2 102" 102 | Gar Clineh & O 1004 1004 Commonwealth Investment Co. O PREMIUM °“P‘fl"}‘:""f£},‘; ENTRANCE FEE | EQUIP WI TH GOODYEAR has been the offerings of State ‘nd’g.l’mln 8. . 105 Car Clin&Ohio 107} 1074% 15th St. N.W. Phoene Natl * You may pay for same in full of monthly instalments. . | Dividends compounded semi-annually. munieipal fssues. ok 63,1963, 0 Vi%% 79% | Cent of Ga 65C 6. A SAFE, conservative investment, a guaranteed yield higher than | most bond issues, with no possible -chance of depreciation 4n value, and . ou e a es immediate conversion %l your equity in cash when needed. o0 0 se 98 9 |CentPac4 ’ARTICULARS UPQN REQUEST —— Holland-Amer 98 93 | Cent Pac | Hungary 1%s 6100 100 100 POTATO MARKET. | irish Fres State R el CHICAGO, September 20 (#) (United | ltaly 78 90% 9% | Ches & O gon 434 States Department of Agriculture).— | italian Pub 57, 9% 91's| Ches & O 43593 Potatoes—Receipts, 174 cars, on track |. 92% 92% | Chi & Alton 38 317, total United States Shipments, | Jz % 4 % 102 10232 | Chi B&Q gen 4; 1,292 cars; trading rather slow, market . 23 100 100% |CB& Q 1stre6s... weak: Wisconsin, sacked round whites, 6 99% 93% | Chi&E Il gn 58 51.. 230 to 2.50; few fancy shade higher; . % 85% 8ol |ChlGtWest4s 3., Minnesota, sacked round whites, 2.25 to 9974 99% | ChiM&StP4 1 sC89. 2.40; Minnesota and South Dakota, | X ) 1024 102% | Chi MIISP&Pacss76 sacked early Ohlo’s. 2.35 to 2.40; Idaho, 2 9ls 91% | CMSP&Pac adj5s03 sacked Russets, 3.00 to 3.25; sacked s iy Rurals, 2.60 to 2.65. . 101% 101t . T R L L L L L LT LT T - Equitable Co-operative Bldg. Ass'n Y | . Guaranty First Mortgage JOHN JOY EDSON, President WALTER S. PRATT, Jr.. Secretary 3 NotesaaliBonds I Organized 1379 49th YEAR COMPLETED Aseets ............35615,899.10 Surplus & Profits......S1.605,894,08 % 9% W S; X Exch I b s sen " pay 6% ‘:':'f':.;“"““'d Subscription for the 97th Issue of Stock Being Received ashington Steck Exchangex i i (e LD s e P e |ty St g B B . SAVE AS gié g e o ; i e | 50 YOU EARN Electric Cons. 55—%4,000 at | Paris-Ly-Med ¢ 9% 994 Guaranty motes and bonds | $9. 5 offer you the highest degree HE Equitable’s plan of sys- 7 | Paris-Ly-Med s ik 101% 101% . wflm&fl‘ws ‘5”55—35 000 4, | Earis Orleans 53, t liberal . . fi.!.:f.’." s = tematic savings encourages mon S-ev Peru 6s 1960, 2 f( !noo at 99%, $1,000 at 99% Peru 65 1961. s:« Capitai | Traction Co.—10 at 92, 10 (R A H 92, 20 | Poland 7s (rets). % Potomae_Electric 5%s Dfd.—2 at 106. | porand 53, o) Al ol 1 e o District National Bank—10 at 224.~ | Queensiand ¢, 1035 103y, | Den & Rio G en 4 American Securlty & Trust Co.—10 at | ueensiand 7 110" 110" | DRio G West b5 Rhinelbe Un 7s. % DRG & Wst 5!7‘. Pederal-American Co. com.—-8 at 45. | Knine Wat EP 6552 104 1984 | EantTenn Va&Ga ba Peoples Drug Store pfd.—30 at 119, 30 Phine Wat 15 P ge ot - Erle 15t cons 4s. at 119Y, 10 at uel. 20 at 119%%, 10 | Rhinewst EP 7s 60 ‘Erie conv 48 A. at 11975, Rio de Janerio 6348 6% Riade Jan 83 194 AFTER CALL. Rio Gr do Sul 63 48. Washington Gas 5s—$5,000 at 99, | r R % [Satngten ca ome § 48 ......., 86 b6k c-mm Traction Co.—15 at 92, 13 at | Sao Paulo 85 193¢ 101%- 101% Ve | Sazon (PW) T Seine 78 42. Bid and Asked Prices. - :gerg-grm;l X erbs Crot Slo 8 BONDS. Shinyetsu 6%s PUBLIC UTILITY. Swed » Noo 2 Why not includé these thrift in a manner that if con, then forget about Tires . . . 198% 108% | safe securities in your in- . sistently followed will even- £l Safety at “70” "hs o Hopnaried tually lead to financial inde- 891 39 pendence. Start now while | 0 et ana e oo [if| BEN. HUNDLEY’S about our systématic plan. - G o o DYEAR TIRES : 0 i ** 915 F St. N.W. | 3436 14th Street N.W. 14th St. at Newton . 8 68 3% 31y 1025 1024 109% 110 - o Capital Resources $3,400.000 1024 24: JACKSON PLACE 12 AR E BRS=aNen nura~abBtna sl annnlan CReRemnE S - 101% 101% This is wot a public offering. This advertisement appears as & matter of record only. y 101% 102% fi:"'re?nqm et u "o o2 10815 108% Anacostin & Pot. R. K. 5 I3 Alllwllll & NI lulr Sl & P. ‘l'l]l° of Va. 55 3".3 k' !x:uéblnl L 8 gld Kingm 5%s 3 ractown Gas 1st 55 ruguay 4 Int Rap Tr 58 sf Elec. ‘cons 5% % m“ | Uruguay Int m:m Tmu:p Vienna 68 83 | Int&G Nor 5a1 Yokohama 6s. ¢| Int & G Nor 1at | MISCELLANEOUS. O o Nern Abram&Straus 5%s 108% 108y | Mt RYSCA 12, Alleghany Cp bs "44 303 108% 108y | [Nt RYSC A 63azct Alleghany 5849 wi. 81 109} Kan City 8 3s. 20 AmAgriChem 7%s. 1 105 105 She ; A Am intCor 575 49.682 122 116 121% . gh"yrch::l’filub 5. 100" . Am Chain 6s°33..., 1 97% 9715 | Liake Shore 4s31. .. Pot_ Joint Btock La. .| Am Chem s%scv 45103 114 114 | LehiVgen 41532003 Wain. Market Cold Stofage §s : Am NatGas 634542, 3 Lehigh Valley 5s 20 Wash' Cons. Tifle H AmSmit& Rist6s 1 Louis&Nash uni 4a. STOCKS. Am Sugar Ref 6s... 1 1024 1024 1024 | l.ouls & Nash 7s... Am T&T cv 4%s $3.2278 223 217 220 e :’;’:::C UTILITY. Am T & T el tr b 15 103 102 102 MO Bt R AmT& T s {6s. 10 102 101% 100% C""" T""“,"" e 95 | Am Tel & Tel 53%s.. 31 106 105% 105% Am Water Wka bs.. 5 99% 99% 994 Aromur&Cos%s39. 3 874 8% 81l Armour Del 6%s... 12' 86% 85% 834 | Mo Pacific gen 101% 101% | Mo Pac 55 A 65 R Bell Tel Pa 63 B 2 103% 1035 | Mo Pacss G 73.. Bell Tel Pa 5s C. 103% 1034 | Mo Pac 5%s 49 evt Bethlehm 8tl pm 65 99% 991 Beth Steel rf 58, 190 190 100 Beth Steel 5% 53.. 1043% 104% Bethlehem Steel 104% 104%% | Bklyn Edison 5 s 1034 1034 Bush Term Bldg 53 100 100 Certain-Ta 5% s rcte U T84 Chiia Copper 55 10 93 9% 93 TRUST COMPANY. Colon 011 6338 . 5 9% 91 American Security & Trust Co.. 4 Col G&F] bs May 52 974 97y Comtinental Trus 3 i33i; | Com Invest 535 '49 287 mm 1034 104% Nafional savines & i s 213" [ Com Invest S548.. S 9 nfon Trust. 'on Gas ) % 104% Wash. Loan & Tri 50 | Consumars Pow g 101% 1014 SAVINGS BANK. Cuba Caneevis.... 3 . B8 58 Bank of Bethesdn. 3 Cuba Caness...... 6% 30 . | Cuban Am Sug 8s. Den Gas 5. Becurley Savinigs & Commerél Edison 53 40. 10245 1021 Sevanth 3:;--: 308 -++ | Det Edison 6; 107 107 Washington Mechanics. “6’" | Dodge 8s. 2 vey 99 Donner Sieel 101% 1014 FIRE INSURANCE. Duquesne 4145 67 96 98 American ... -+:-+ | East Cuba Sug 1% 82 M Coreor: L A Fisk Rub 38 6 93% . 94 Sen Cable 5158 47 97 97 | p Gen Mot Ac Cor 101% 101% Sterlmg Securmes { The Hambleton Cor poration (Incorporated under the laws of Delaware) ac Corporation P ’ Pronsfor 4 goote: Regtstrave: The Baltimere Trust Company. Baltimore. Md. The Mercantile Trust Compeny. Baltimare, Md. ‘The Chase National Bank of the City of New York, New York City Chemical Bank and Trust Company, New York Gty Camtral’ Chicago $3.00 Dividend Trust Company o Iilineis, Chicago, Ii1. State Bank of l Cumulative Convertible - | > i 102:1 First Preferred Stock | 100,000 Shares ’ Participating Cumulative $3.00 Dividend Preferred Stock | i | 1 7 I | 100% 101 Application has been made HA m-:unc“;t:nm‘;mmm-u;ru-m«ulm”uuswmm%’_., -Voting. common stock ‘sdditions! ‘e the commen. 8 . s-u-p‘-n-fl‘:n’n:.vn e o ideads ot the Presrred Dok div paysbie March let and September lov to list-this security on the New York Stock Exchange. -t Rean Analysis Upon Request 100,000 Shares No Par Value Common Stock 3% 114k 115% | Colston; Heald 854 85% hon oI & Trail 1L 101 6% 77 Thomas Hopkins, Jr., Mgr. 951 95% a4 874 ||l 912 Woodward Bldg. 10315 104% 105 105 (i Met. 5234 sdditional TS Shotk shan have s CAPITALIZATION Partici $3.00 Dividend Preferred Stock— Withost Par Value, s o 200,000 she. 100,000 shs. Steck Without Par Value. .. 200,000 shs. 200,000 shs. 103% 103% 2 ’ . ‘Hambietsa & , and its associates have m‘h(’_.fllfi'lmfl 162, 106l New York Baltimore: it f G Batin, e Corperetien e 97,000,000 s cash, 28 b 1ial 209 1 1% operations. .713.‘.)', .7.'{’,'. ‘The Corporation will not have ouuandhg any bonus stocks, options or “rights” of any kind. 64 64 0% i o 3 30 . Continental Trust Co. . ad ochar comowme i ender 0 beng aboutoommoblel (oLl e Raecotive ot Hasbhion 14th and H Streets i "‘——"mhnkhnflmdbmhn;mn Compeny will be the executives of the Corporation, with T. Aty s1oN =ies — t.helmtl Olnmnnon staffs of experts will be < The in which the tion will te offer con- menting e 2 ww 9wl Capital, $1,000,000.00 oopetiomiobambiofier sl oo o O drawn from the various of business with which the vl Y ial orgunization of Corporation will deal. An engineering staff will support the Hig expand busi i mdlfiuu executive and menagement branches of the Corporation. By s 108" Checking Accounts : Teson of the community of interest between the Corparation 10; 102 S , mdnt-mmnm:mmmmnhw Savings Accounts : t ies whi n with important outlets and markets in the principal cities of 3 = the United States, and in London, England, supported by a Acceptance Credits ing_the i for consolidations, expansions, distri staff to market investment securities. I i ibuting staff qualified Time Deposits E 3 - One of the Corporation’s banking affiliations, Hnnbh\u .. or interests in them are sold without Compeny, has been continuously in business since 186! P e L L T 2272922222222 1t g g itle. “.lltll’lle Tl"; Tl o ‘ash. GO,!III ‘Title pfd. 'MISCELLANEOUS. & Ross. Im: . com.. 1 20 Peo& Elt 45 40, pfd. Pere Marqg ist 58 Port RL P 6s 47 PCC&StL 33 A Reading sen 43 Ark & Lo4%, Inter Paper 6s. ... int Tel&Teleg 4% RisG W isces dnt Tel&Tel 4348 EV X,n "05 Lackawa Stl 65. 0 Laclede bs. Lautare Nitra 4 101% 101% 37 97 M T Foreign Exchanges Commercial Credits Travelers’ Credits 3 i 3 Travelers’ Cheques Price at the Market Intl Cement 5s48. .. Intl Mateh s 47. Offered in units consisting of 1 share of Participating Preferred and 1 shar e of Common. oe StL&SFor - ‘Wash. Medltlrtllldl C |fi i Lorillard . Collections ¢ These Unit. in ¢ ¢ Allotment Certifi cates, which will be exchangeable for Preference Stock Real Estate Loans Certificates and Og;m:e: .!';.oe':"(‘:’e'r’ufluu- on January 1, 1931, or earlier at the option of the Corporation. Collateral Loans : Investment Securities ; Corporate Trusts Individual Trusts ‘Administrator, . Executor H bl et 6} n & C om y :fi? i :?fi‘ ‘.Safe Deposit Boxes ‘ am Zotabitotiod 1865 F an Jazis FIT TAT Contmentll Tl’lllt Co. . 1521 K Street, N. W., Washington 102% 102% 102% Weodward & Lothrop pfd Unlisted Department. Lorlllard P) 7 : NDS. Manat! Sugar 7% A :’ Bid. Asked. | McCormek ER 65'34 rmy- Midvale Steel bs. .. AR . Montana Pow 5s 43 il | Mor's&Co Ist 4%s Nat Dairy 648, ... Nat Radiator 8% Nat Tube 13t 58 NewEngland Tel 6 ; N Y Edison 55 44. 101% 101% N Y Fdisan €% 2 1% 110% Sou Ry 6%~ ... R g Tirm Asso St L 5s. ler 'rmn comrol 5 . : 1064 1064 | 7cx Ark F'S 5148 60. aat 08 sy Hathi. % 2 110 110 | Tex & Pac b8 B 1977 Bank LA 4 95% 93% | Tex & Pac 55C 79 nk. . § No Am Ed 6%m 62 - U5 9% . ¢9% | Third Ave ref | l”“ Ohio Tr&L 6s 98 98 |Third Aveadibs... 2 s o G q 7008, 100% 100% Tol Tr &P 6%s 20 Was! ©f . 6 1044104 104% Ulstr&Del 55'28 sta Wosdri mm- Shr? Bk, . 27 101% 100% 101% Union Pac tst da.. " Application will be made to list these stocks on the New York Curb Exchange Ty s. Sistropelitan b i34 832338333 Anacostis Bunk. Chapin-Sa Snom uo—q;unhc-wau—-n—-mnmnzo PSR ST T8 ki, Cann 13 4 ""“‘kh "-mm “14th and H Streets 5 NEW YORK PHILADELPHIA BOSTON — SYRACUSE CHICAGO . WADE B. COOBER. President : W S Capital, $1490,000.00 - - ; & z