Evening Star Newspaper, October 11, 1929, Page 15

FINANG (AL, i THE EVENING STAR, WASHINGTON, D. C., FRIDAY, OCTOBER 11. 1929. FINANCIAL. RA"_BUNDS lEAn : moms@ IMON;(;?:EESRYDIWW?)';:D RealZitate " Navestments ; - , EQUIP WITH GodDYEAR Wire Direct to The Star Office JAMES Y. PENNEBAKER ‘ ; 3 es. High. Low. Close. P SIS \ IN STEADY BAINS U'E'I:'::'.?' ';.T:'.;.?g;:. Otesi; :::"n":'el;'r:."-i:n“:: : H Hf‘" s 52 |Directors Increase Payment to $3 | Nat.s201 1520KSt.N.W. ‘ o W Double Eagles S i H:::’::'i'. :é E;é: ‘33:!: 18 s::-l::;r;iu‘cff o ¢ :_;“ e Basis at Meeting in New Libdth 4% 522 9819 2 2 . — e > York Today. Seaboard Air Line Issues Are o o B AT TR i { g 1 10020 100 18 Sinclair Ofl 6%4s. ) 6% Feature During Lively 10 102 28 10228 | Sinclair O1) 78, NEW YORK, October 11 ().—Direc- 210629 10629 10629 | Sinciair Crude 5148 3 tors of the Montgomery Ward Co. to- H Southwest Bell 5s. 2 the 1 dividend rate . on. FOREIGN. day Increased the annual divi e PR e e il b g : of the common stock from $2.50 to First Mortgages AT TR B . $3.00 by the decldration of a quarterly Boecial Dispatch to The Btar. e HiA 5 15 25 | payment of 75 centa, payable November For Sale NEW YORK, October 11.—The bond | 95 g8 |Tenn Elec Pow 6x , 104 115 to stock of record November 4. market forged ahead today, with the | Argentines 3 94 94 |Transcontl Ofl 6%s 3 014 | ——e foim, rails leading the way. While there A;g,,..,,,,‘:‘ . 997 100 | United Drug 6s 63 : 93 PARIS BOURSE GAINS. JAMES F. SHEA were one or two features to the steaay Argentine 6s B 4 9% U 8 Rub 1t rf b 87 flS‘L buying of bonds, now conceded DY | Australia 4%s 56, ‘ 99 1004 | PARIS, October 11 (#)—Prices im- 643 Louisiana Ave. N.W. I "‘ A LT" traders to be responding to n"rene:":l Australia bs 19 E 1 pru:ed u{n ul;gB’ouue ';)d-y.u:hree ’;I;:r { interest in investment securities, € | Australia bs 1957.. 3 9! b cent rentes, rancs centimes. e ' fist was marked by gains of Y2 t0 1| AustriaTa. . .. % 1014 | Utilitien Powr 534 per cent loan, 105 francs 0 ceritimes. the Business Man's : 2 ntes Sug Ts.. 23 To% Exchange on London, 123 francs B acsucular S iatire - of e | ALK BECH16E% € ; S35 | Walworth 6a 45 s 854 83 cetimee. The dullar Wes quoted ok 20| PROPERTY best investment. trading was the rise in dse:go-rg All(‘ Belgium 6% 104% g:'r";’l:;:l:‘gn 4 4 ¢ |, | francs 463, centime Line adjustment 5s and the 65 Of | melnium 781955 107% ; i Laoke | H the serics. The 5s were at their | peinjum 7s 1956 08 | Warner Sug 7s 41. MANAGEMENT : then forget about Tires . .. high for the year and hoding a 3-point [ Beiciu 138 ; 4| NEW CIGARETTE PRICES. i AMBASSADOCR> || Satety of “70° gain made ye;‘tcrdny.1 ;hfir“:himr:':d Belgium 8s 109t NEW YORK, October 11 (#).—Effec- For nearly thirty years m o T £ L ning 2 . 3 9 . s . b in’“‘.’i: :; etablieh & new high for :::m: :"' ;9: hite EagleO 63, ‘g";’:sgf":“g"g;i' :hr:‘&:‘g;rflng‘flf";; we have maintained a thor- HEALTH CLUB the' year at 80. The rising infuence | pordeaus éa. e R - territory of the Great Atlantic & Pacific | oughly equipped rental de- A At B E N H U N D I E Y ’ S in these lssues’ exten : d| Brazil 6148 1 78 | Wickes Tea Co., will advance prices of cigarettes ; B All-Florida_6s, which were within 3| graz1i 6148 1927, i e ST U1 %" 13%; cents package and 135 a|f Partment and we actually | points of their high for the year. » 5 carton.. The present price is-111% cents |[] Tetain some of the original FOURTEENTH AND K STREETS | amy Otke Adranct. LA R i T et ot 2 o | vetain so GOODYEAR TIRES RAILROAD. . | 3 good stbunt e ves, " Hudson & | Canada 65 1931 99% | Atchisonad)4s.... 2 - . Low. Close. Extracts from a letter of 3436 14th Street N.W. 14th St. at Newton 1017 | Atchisongen 4 1 Son Rv 6% . 118 118 v o5 | Acchidebigienie 59 137% 159 |Sou Ry s &0 9% 'so || A property owner recently Ay | At& &Bir4s 33 received—"1 certainly do 10 g o . ;:;"R:;:‘ssn_‘x;,‘..fio ot 100 1o |l thank you for the excel- 984 =§:gnv 43 5 97 ;::-C.fl;vpcl'émlf:‘l17;0101;{: ¢ lent and prompt manner o B& O b 200D, Tex & Pac bs B 1971 ; you manage my rent busi- B&O1sbsect . 62 e ness, even in trlfl_n:ng de- tails, y o u r viligance, courtesy and sympathy are b o - unparalleled, etc.” Unlon Pac 4348 3 9419 934 Try this service. Virginia Ry 1st 10 102% o 3 z st o o | Moore. & Hill, Inc. (Since 1900) 730 17th Street N.W. =31 Bremen State 7s. Manhattan refunding 5s rose a point. | Canada §s 1952 New York Railway 6s were up halt a |Chile & point, at 9. and fractienal gains were made by St. Paul Adjustment 5s. Erle | @4/ General Liens and Erie Refunding & | Chine Improvement 5s, Missouri Pacific 4s|Christiania 6s. and 5'38, Western Maryland 5!as, o "E,"&'f’ Jan Southern Raflway 6s, Boston & Maine | Con Pow Japan 7 5s, New York, Westchester & Boston |Copenhagen 418 &3 first 415s, Oregon-Washington Railroad | CoPenhaxen Ssct.. : Czecho 8s 19 & Navigation 4s and Texas & Pa- (,"5":.::’2;” cific 5s. ic | Danish Munfc 8 A In the first-grade rails and public Dantsh Munic 85 B, utilities the gains were smaller, but equally general in character. They in- cluded Atchison 4s, Baltimore & Ohio refunding 6s, New York Central 4s, . Pennsylvania 7s (1930), Union Pacific, | puioh Past | Northern Pacific 4s, Great Northern is- | 'l I0%t 0® & sues, Standard Ofl of New York, Phila- | gy 5% 5200T delphia Co. 5s and Canadian Pacific 5s (1944). New Highs on Present Move. Bonds with stock-conversion privi- | FTeneh 7% leges were quick to follow the bullish | German Bank movement on the stock market, but lost | German El1 P 64s. . some of the gain later. Even so, they | German 7s. were at new highs for the current|Ger Gen El movement. American & International Telephone 4'zs were included in this iAo, category, as well as American I G. Y s SR e Qiseren... Chemical, American _ International, | Irish Free Sta 5 g pmp| SL EQTLIYI. Atchison 415s and the Allegheny 5s of | Italy 7s : S 111 gn 63 both the 1944 and 1949 maturities. —cs o Pme ERnancnnolinananantanSvan Brooklyn Elev Bklyn Manhat 6s. .. 4 | BKIyn Un El 68 sta. 1043 | Buff R & Pitts ¢ 1024 | Bush Term con 102y | Can Nat 4%s :z. 108 | Can Nat 4148 68. 1114 | Can Nor 7, o o No. 2 of a series of advertisements suggested by questions we are asked - P2ea x2S rne o 83% 108% Car Clinch & O 5s. . 113% 113% | Cent of Ga 5sC 59.. = Cent Pac 4s... 91 91 Cent Pac 1st bs 96, Ches & O Corpn ba. Ches& Ocv 4%s... Ches & O gen 4 %s. Chi & Alton 3s. The Question of Income ..,5,, 2 we . e e e nad T e Wei Lo mmmentd 2 During the past ten years First Mortgage Real Th h . Estate Investments owned by 104 of the country’s e Lehman COI‘POI.‘ ation leading Insurance Companies have yielded an aver- Capital Stock age rate of return more than 1% greater than their holdings in stocks and bonds. - ampan 7 o -l_nmneni% . 57 s Washington Stock Exchange ireuseramontsei sor s 0w s 73 iy IL"(':"‘L"'!'E b Is it any wonder that these companies are con- SALES. Marsellle 6s. Chi& NW gn 3% e G stantly i i their holdi in thi f y increasing their holdings in this type o ‘Washington Gas 6s A-—$2,000 at 101%;. | Milan 63 6 | ChiNW 41582037, - star : . ; 3 Circular upon request investment? Gas 6s B—$100 at 102, | Montevideo 7. . 914 “hi&N W wflm’fi"mzfi. sf’oo at 102, 81,000 at | Netherlands 6572, 34 1031 | Chid Nw 1w o Why not you? We offer you the opportunity to invest in a security which has proven both safe 102, $1,000 at 102%, $300 at 102 Dew So Wattes 68 ChiRI&Prfis... STEIN BROS. & BOYCE » " and profitable to the Nation’s most careful and Potomac ' Electric Cons. 5s—$1,000 at | Yord 6%s 3 ChIRI&D (% experienced investors. — 5 e | S W00 at o1 4 : Dorsaree ChiTH&S E bs Capital Traction Co.—5 at 8474, 4 at 1944 Chi T H Inc 61 60, ., Ay 85, 20 at 85. $%s 195 Chi Un Sta 4%s. Nettalk & Washington Sieamboat Co.— | OFlent dev 6% s Chi& W Ind on 4 e g Parls-Ly-Med 6 99% CCC& 8t L 68 D. Potomae Electric 5% % pfd.—2 at 106, | Paris-Ly-Aed 7s : Clev Term b8 Riggs National Bank—5 at 610, 3 at 610. | Paris Orleans 5345, ; Clev Term 5% American Security & Trust Co.—1 at | Deru 61960, 3 R0t | Colo & Sou 4. ... 460. g uba Nor 6348 cts. . Mergenthaler Linotype—4 at 1031, 10 Bt ki de at 10315, 2 at 10315, Del & Hud 7s 30. Real Estate Mtge. & Guar. ptd.—50 at 4 AFTER CALL. Capital Traction 55—$1,000 at 91 erfo 6158 B D ington Gas 55—41,000 at 972, Rio de Jan 8s 1946. : i Bt e Potomac Electric 514 % pfd.—5 at 106. | Rlo Gr do Sul 6s 45. Erie conv Washingtor: Gas 65 A—3500 at 102. | RioGr Do Sul 8 Dt Electric Coms. 55—$2,000 at | Rome 6348, .. howa’.'," 3 Sao Paulo 85 1938. . NOTICE—This exchange will close | Sao Paulo 1950 tomorrow—*“Columbus day.” Saxon (PW) 7 Bid and Asked Prices. y S0 BONDS. Gr Trunk st db PUBLIC UTILITY. . ¢ Grand Trunk 7 " " 3 X;l.'l Offer. er. Tel. & Telga. 413 133 W 52 s Amer. Tel, & Teln, 4128 33 Tel. & Te Established 1853 Woodward Building { Call, write or phone for circular MC. 1t describes an WASHINGTON. D. C issue which has distinctive income features. Main Office: Baltimore, Md. 3 First Mortgage In=»stments by Members NEW YORK, Baltimore and Washington Stock Exchanges Associate Members New York Curb Exchange © 1435 K Street N.W. McPherson Square National 2345 e P I/RiS T MORTGAGES IF YOU WANT IMMUNITY FROM INVESTMENT WORRY choose that form which has no °’ speculative element. For ex- St k R ht ample, our 5 Oc l S Comerhe 6% FIRST MORTGAGES : ; of a Ceitisy They are unaffected by : Offered to 3 market conditions; never sold Without a p below face value and pay their interest regularly. Gt Nor 5% Gt Nor gen Hud & Man aj Hud&Man r 111 Cent 43 Il Cent rf 6 55. 12 Cent Chi Warsaw 75 ‘52, 111-C-C-SUL& NS 68 Yokohama 6s. £ 280 Int Rapid Trans bs. 3 Int Rap Tr b 5 138 A o S MISCELLANEOUS. Int Rapid Trane e MISCELLANEOUS, Abram&Straus “Al 5 108 108 Int & G Nor bs 1956 Barber & Ross, Inc.. 614s...... " 5 Alleghany Cp 683 '44 150 106% 106 106% | Int & G Nor 1st ¢ : Cham.-Vanblt. Hotel 6 ey Alleghany 68 49 wi. 79 106% 106 106% | Int & G Nor adj Ches i o6 AmAgriChem T%s. 4 105 105 105 |Int RysC A 6841 e ‘96’ (AmChain6s'33.... 6 98 97 98 |lowa Centrf4s " Am Chem B35 cv 49 41 117 1154 116% |, Am Int Cor 6%s 49. 56 115% 114y | KanCity Ft8 ¢ Am NatGas 6%s42 16 57 86 |KanCity S3s Am Smit & R 1st b3 101 |anCity Term { Am Sugar Ret 3 loa | LakeShore 4s 31 . Tel . *305 v’ 2 m ey 58 2. 218% e ‘gen 43552003 ‘é"'z}:i:fi;.fié“ K] AmT&Teltr 2 2" | Lehigh Valley 58 20 Folk & Wash. Steamboat.. - sio_ | o Louis&Nash uni 43 1d . 2% | Man Ry 1st 45 90 No Po Elec 6 Mil El Ry & L 6 Aromur&Co414839. 16 & " % & Blec ptar 2 | ‘Armour Del 6% 5 P e et L] * Balto, & Annap pfd.... A A T T 102 |y swaéls’fznc‘;: o ult5869....0 19 73% NATIONAL BANK. Atlantic Refin 65,2, 4 100 100" | MEST Laeun Bell Tel Pa 53 B 2102 10z 102 |MK&Td4ls? Birtrict .l % | Bell Tel Pa 55 1102y 102% | MK & T prin 58 A, Federal-American Beth Steel rf 1 100 100 | Mo Pacific gen 4s. . Eiberty U Beth Steel 614 13 105 5 105 | Mo Pac5s A 65 Eimeoln | Bethlehem Steel 63 25 104% 104% | Mo Pac 68 F 77, . Riggs ... : 3 & | Bklyn Edison s 4 103 | Mo Pac 53 G 75. .., S ertain-Td 6% 214 T0v 724 | Mo Pac 5158 49 eve. mgé_r“ég;;;my Chile Copper 3 9314 | Montreal Tr 5s B 55 g Colon Ofl 6s38.... 9214 | Mob & 0 434577 American Security & Trust Co Col G&Fl 68 May 52 % 97| N g i Merchants® Bank. .. .11l 130 ° i34 |Com Invest 5% 2 % 1028 N5 G Sao National Savings & Trust. 0 575 Com Invest 6s°48. . 9. Urion Trust. ... ...... | Con Coal Md 6s Washington Loan & Trust ConGas N Y 6% SAVINGS BANK. Cuba Cane 8. Bank of Bethesda g . Commerce & Savii Cuban Am Sug % gommt, e i | Det i % o Nrceswsuak 10101 1 g8 - - record as of November 7, 1929) the right to n 3 107 o NYC&StL6sA. Sect 8e Eovmin, St ST g : 265 v WL purchase additional stock at $45 a share on » - CRwe RPN NNONNNREN OB ERN S RARN BRNA= NS N aR el KDt aar S eR~ N Potomac Elec. cons. Potomac Elec. 6s 19583, . 107 r Wash., Alex. & Mt. Vernon cif. 3 | Vienna ¢x 52 v. & Ann: Loss Cities Service amounts from $250 up. o - Stockholders B. F. SAUL CO. : National 2100 925 15th St. N.W. May be purchased in - ~=C8un mmaBandatcaanen~ ~e Cities Service Company has offered to its Com- e R Nt TN FORSAREnY ‘ mon stockholders (those who are shown on o z Weshinsion' Sisehaics 0 *| East Cuba Sug 7%s 8 iy 3 e AR ; . G "3 ...|3enCablebnaar.. ¢ umm ot W isaee.. o 65 2o 12 5 the basis of one share of Common stock for n 5 . . 15 B d g-:duotA:corc 3 : 4 2) ' wene oodyear bs reu 5 o - R e b o : 3 every ten shares owned. These Rights must olumbia Tie.. .. B et rs ] A B Real Estat ) golumpia T s e ad IS e IO 0e, 2 : etter Real Estate . . B e R I R ) \ ! be exercised before the close of business No- Wash. Cons. Title pfd.. . . - lnland SU 4148 78, 9 9 5 . Ioan MISCELLANEOUS. Intl Cement 6548 Y % ; Entl Mreaies o : Now Faoe ; : vember 30, 1929. Int Mer Mar 63 S 1 Nor Pac 43432047 2 b g : Int l'ur?erl-('l 215 | Nor Pao rf 110% . . . s e TR i W IR R IR b R mn Low Interest Rates ‘ You share in this privilege whether you pur- A < vt e e re Sh v . BB’ B B |ndedvini 1 108 100 18 Ore Want 1ates. ; Fians far Fitiees Youra g chase stock for cash or on the Doherty Partial Merch. Trans & Storage pd. . 1 1 Lautaro e6a 98 gl o] F T DL r ; / No Renewal Charges ' Payment plan. . 116 20 B e ok Shar “oid 7 o 'l:f‘;wllllnr: sp%]g] z‘» ‘tI;;'u b P S .. lard ¢ ... 4 i Low Gax e G162 100w H : Satisfactory Terms A = 7100 F cCormck ER 6s'34 | 100% Y - dward & Loth R L Manat Sugar 7 b Bin, Port R L P 6sd7... ‘ @ ) i 3 B diaend " ™ ekt fo| rort P TaS fe NO COMMISSION CHARGES ‘ For further information regarding these B N Montana Pw aeb 6x 25 97 9 . . e i i i Unlisted Department. Wb S L | o G W it as" : g Rights, communicate with our local office. e A xchanke Rules Mor's&Co 1st 414s. 2 g R0 S Y :'l'_fl,‘. Inquire 3 BONDS. cea, | NAT Dtry 6% 60 864y 9 96n 57 ! Army-Navy Clubs 5s........... By “ried: | Nat Hadiator 38 ga- | StL LMAS gn ba 31, A 17,k i - o, """ | Nat Tube ist 1048 1045 | St IM&S R&G 45, 30 g mn&lr{:‘l‘i’hcl'nh isi Ba: B .| Newkngland Tel 53 3% 1054, todu [ EEeten A< 88 day EAVER BRO! ity Club 7. ... o . » N ¥ Kdison 63 44. . 14 1015 % 8 8 FOR & Melropolitan. Ciub 4125 i Bt Pl MY N |stLasPorine 6 REALTORS eTOCKS. snw 0w | St L&S I gen 6a 3. \ : v SIL'S W con 4s 32, ’ g R R A - 4 809 15th Se. N.W. District 9486 109% 109% | Seab AL 4s sta... 9% 991 | Seab AL ref H 2 g Mortgage Loan Correspondent BRANCHES iN ::,: okt et e 1 Al Metropolitan Life Insurance Company 98% 9% |SB A||Il l;"Ill p SB A .32 1001 1001 | Sou Pas ref : Southern Building 101% 9. i 1004 ‘astinaton S vings 074 Washineton Title Insu, e 2 96 -y Waotidse Lanvdon Sav s : 1124 1123 Sou Ry 0868