Evening Star Newspaper, November 7, 1929, Page 13

FINANCIA e gmogm| NEW YORK COTTON. BOND PRICES DROP | [on v vorx” BONIDS srocx excuance] [FREEAS 3 i it | oy okt Lo : S re N bty e - U LU | B S T g T P | M o ased ey o M.P. MURPHY & CO. m FURGH] SH.“NG Sy are s 5t L4 33 | L o an s || Iet ae have your applicstion New York WASHINGTON Philadelphia . a-l',; . Lo 82 N 4 86 elrly“e:‘.\'!flfll mvman:. m‘t‘ nrmm: ay. ¥ . . gty Saakcss § pofi':énwflu;m?ish' No Appraisal Fee . Pressure on Stocks Is Re- gRinea’ i B '{*.A o m:'d':m“d London i ist— US4%aba. 20 11119 11113 111 v 9 % z el Compan New York Stock Exchanye flected in Whole List—U. S. B N e s O rive o Bnssrierisy Wishington Sicek Bxthusge Issues Strong. . High. X 8 A 3 = Commersiat Aings Sass SUs. Richmond Stock Exchange were Close. Argentine fs.. New York Produce Exchange New York Curb Exchange Nor Ohio TraL 63 Nor States Pow 68. @pecial Dispateh to The Btar, Argentine May 97% | Nor States Pow 6s. NEW YORK, November 7.—Under |, centinesi Pacific Gas & K1 bs. stress of yesterday's slump in stock | Argentine 9 9 Pac T & T 18t bi Pprices, with its continuation early today, :rl:m:‘n-‘“ A | PacT&T l;‘- ‘A: A 2 Pere Marq Ist ustraila 4% s 3 Pan Amer Pe . Philippine RR forced liquidation was renéwed on & | Austraita 5 1955 Pan-Amer Pete Ta.. PCCR SIL b large scale in the bond market, and|Australia 68 1957 1 92! 2% | paramount 6s 1947. PCC&StL prices were off all through the Ilist. :nt;ruf'éh" - 5 2! Pathe E:em:n'l-. 1121 | POrtEIPL the | Bank o o 6% Peoples Gas 6. B This influence was strong tight at the| gl & o0 oS Phiia Co 63 61. Reading ren sy A opening of the market, and while there 100 99% Phila & Read 6 9 RioG W .',:I. were no wide declines on early trading 1041% 108 Philips Petro6%s. 7: RIATK& L e% Vi , the steady stream 5 107% 107 Por Rie Am Tob 6s :ax; ’3'.5:‘-,'}’.’“5.1"25“1".m'1.d about half :\:5& 1o5% Postal Tel ACC s} 31 st ng gn sl ) 115 5 Pressed St Car . t G ds. the groupd recovered on Monday and 09" 107% D et s : SIL&ASFDl4nA.. W e selling affected the whole list, 6. 68 7 Punta Alekre 7 . - SiAsE sy o 91 84 RemingtonAr 6s 32 . StL&SFourinss. 12 101 i e greemien o 1, 8. yrate | ori: A b B MRRSLEE O W IS EAAE R ' Glover & Flather 4 2 Richfie TRIN S con es32.. descriptions. There were gains in - s sl 2 AT guesne Light 413, Columbia Ko’ Serv- | Bremen Gtate 99% '29% 998 | Sinciair ON 6% . StP & KCANL 4% B 1508 H St. N.W. T i oo Canada 65 1931, 3 Sinclatr O11 7 St P Un Dep bs. ice 5158, E%s i 2 widest 95 3 Sinclair Crude 6% 1753 brg::-vmu,?le stacks {gggdm'hu‘em- B4 80% Sin Pipe Line6s... 3 o National : American Telephone 4ias were down 10 LI} T e A -~ — E believe that invest- SEe ;L’&f-“”“‘»&fi{?c“ Service of New 9% 994 Southwest Bell b : 1 : ors who purchase Jersey 4135 sold at 104, a new low for £ e C i e ; : : t this last s i urities S Wm'\:;:; :: m;. was | Copenhagen §s ct., i Sug £ Ortent sec! a price yesterday. The it P 4 Sou Ry gen o & e R e DT 150 points below 1t high of the | CubaBim ... T oo k| Tenn Eiec Pow §a ¢ Sou Ry con hal time, with discrimination, ly last month. 8 £ 2 100% 9 5 . Py year, ’c';::b"\;?:gu::dz s Mhere. were | Czecho 8a 1952 9 ‘ex Corp cv bs 19 05:; 4 . 5! 1 ” T’, AN ILL w‘ND PRI may do so with the utmost - contl O11 68 hio first | Danish Munic 8s A. ranscon :T‘}}e?“‘;;r{n CBe:It‘::'lm;: &Snolouln Ctithan D L bt ST :J";‘”f{“ f,’"f,':',:" ] %4 | Term Asso S L4s.. confidence. J “ d Oil of | Denmark 4343 8BSl 8Nl ub I8 21 Tex ArK IS 6 38 E0 : ) Y S i ohiladelpia Co. 56 and | Denmark 8248661 10 1004 100 uS U TS : St Toran s Cacin 1av. Market breaks ace ill winds for the syerage in- > enmar .esse. 5 103 103 \ 'ex & Pac bs B 1977 & B%’:fi’.’;"fii‘f‘;-‘:&m oft 215 points In [ Dutch East 1 6347, 11 101% 101% vi Tex & Pac6sC179.. vestor that blow good for investment trusts e 1 |DEI 5345 Mch 53, 1014 1014 . Third Ave ref 4s 60. wunder skilled management. ;flmhg:;fibémufilfi-h 3 were | DE16%8s N 1014 10114 Third Ave 1st bs. Dutch Easi 102 101% 102 | Walworth 6% 1 Third Aveads bs. .. 35 K off .';:g:m&o :.u'::efi ofi;y Products | Dol oo e 10754 107w w.rn"‘!ul "I’n 4 TolStL & w’a.'u, We will be pleased to tell you how Investment . *"Kimong the Junior issues Gf the car- | Flat s war 48..... § 103% 105 West lec kot R y Corporation of North America profited by the - ust) were iat 78 x war 88 8 2 nion Pac 1st ¢ 0 3 ¢ B s e e e T S [ ERTL G {8 e G 1 et e el o sstey picm, i o s Crane, Parris & Co. 4 . Others to drop were Denvt nland s £ 63 8 F " % ; 1 points. ende. Western 55, Missouri- | Finiand 7a. 9 e s > 32 | Union Pac 438 67 can share in the profics. o Investment Bankers .Texas “A” 55 and Rock Island | Framerican 7% 2101 101 9 Un Pac 1st ref 6 i i 533’.8“ e — ;f‘. n H‘:“ L Wilson & Co 20 98 oo dfi‘; virginia Ry 18t Phone or Write—No O,H"'“” . 821 15th St. N. W. Washington, D. C. ign_loans were generally s 5 ! Win RepeatAr i 4 108's 106% | Vv Ry & P B 1 nnm;;ymhench 7l3s, down over 2|German Bank 6s 3 21 ¥6 ¢6 #6 |youngstnS& Ths. 17 101 100% 101 | Whash 4148 «Phone National 0591 German EI P6%s.. 17 $2 - 914 L points. % German 7s. .. . 52 1064 1064 1054 M ILROAD. ld l £y " First Mortgage Copy of our “Fortnightly Review” om Reeuest Notes : 4 way to deat Old Man Depre- 1510 H Street Connecticut at K e s Daage aulomonte National 9600 on a 1930 Dodge 6% S e e s e Private Wires and Teléshone fo Now York offer a few o men’s cars, with very little mile- broken in. X wmom kamSaasslans —re We shall be glad to present our recommendations for current investments. . . . Ger Gen Elec 7s 6 99% AS&SF evt 48 3 85 85 AND » B anga | Greek d 4 Washmqton’flt‘g:k Exchang 2:55:535‘:;:‘ i o yldEr: teh del : 8 FEM 3 1 ; ; 7 AN w“hmmtfllooluus'nooni:ll%fll at 101%, | italy Lttt o : ’ i ]uvmnm Bankens O Biaction Oon5 st 19, 10 st - 5 % e % elephone National o e - " WOODWARD BLDG, 'WASHINGTON, D. € Norfolk & Washington Steamboat.—10 y GRAIN MARKET. « A 7815, 10 at 8%, 2 at 77, 10 at 773, at 270, 10 at 270. L It | o Electric 5% % pld—5 at Ton Vou tacular buying ascribed in a great de- ‘ THE IDE 103, 5 at 10335, 5 84ly 83w gree to a widely known Eastern trader Riggs National Bank—10 at 550. 1 89% 98% hed whe £ "INVESTMENT Trust Co—10 at | N, b Y rus! wheat prices upward today. I : wmw o & go% oo Stock market advances likewise counted { % S E : Hrmm':l Ix_:xl;x‘nn!ee i“;&?.'.: lp!;: Nt 100% 100% as a decided stimulus, as did also new Merchants’ nsfer S 9w 95 Buff R & Pitts export business in North American t 99. 3 “:3‘:““,““ PR v 1004 99 1004 | Bush Term con b wheat of 1,250,000 ‘bushels or more. SAFE ... PROFITABLE I National Mtge. & Inv. pfd.—100 at 3%. | N 102 101% Can Nat 433 30. The fact that wheat values had drop- Mortgage UNQUESTIONED Peoples Drug Stores pid.—5 at 106, 10 | Norway 614 196; 102 101 Can Nat 4%854.... 4 ped to about 10 cents a bushel under ... CONVENIENT \ O 52 ¢ at 105, 20 at 105, 20 at 105. Orient dev 6% 58 6 £5'% Can Nat 4%s 6’ Sant wetk's' (5 I X 2 S 7 s 5 p point was regarded as a onas B R (o4 sow 95k | Can No S | further buying incentive, together with I ‘ / SAFETY Yoo at 71, % “ increasing attention to the circum- Security Storage Co.—20 at 112. 0 19t 101 AL aeeesss. ’ stance that the market was near to I AFTER CALL. A Can Pac deb 4s. ... the level at which the Federal Farm 7 v | —! 105, 16 | Pirell 7 Can Pac 6844 rcts. rd has agreed to make loans to A gt A Foiand g 46 e Car Clin&Ohlo 68 62 i | farmers' co-operative organizations. at 105. BECAUSE the Bonds of the Federal Security and Liberty National Bank—10 at 315, 10 at | Poland 7s (rcts) o ] Cent of Ga 6sC § 215. Mortgage Company are: ‘Wheat— Poland 3s. 28 81 Capital Traction 55—$500 at 90%4. 104% 104% 1043 % 7 3 ) 3 : —20 8t 103. Ghes & 1 : $66% etomas eaic 5% pid—28 0 103 102 ton s | Ghez O ¥ 9 S | B o | FirstMortgage Notes 1. Secured by small- mortgages on properties in the 9755, $10,000 &t BTV, o 985~ 9an Ches &0 inu 8 A oot | M On : : - "ote District of Columbia. Georgetown Gas 55—$500 at 99, Rhine Wat EP 87% 86% Chi & Alton 3% 4 % Riges National Bank—17 at 550. Phine Wat £ P 90 #ay Chi B&Q gen 45 53. y 1 ) : R - — secured on conservatively appraised, j 2. Guearanteed by a strong independent Surety Company, Bid and Asked Prices. 3?;?3::-53:?&- s T oS S aAl - .o b 08 3 2 i improved properties in the District of g wi‘:ll resources of om'sts.oo;.ooo.oo. \md:: Stan’ unyd 1tio de Ja 9 3 63 . : : . B({HDS. ; Ll cHqumaLialt. . 13 A X | Columbia and adjacent-Maryland 1 I Government supérvision: PUBLIC UTILITY Rio Gr Do Sul $ Chi M&StP 4% B.. 12 9, . burbs Rome 6 6 & oy e 5 " sul ARicostia & Bot. i, R. s d . . . Permit us to offer our facilities for ‘Anacostia & Pot Gt LoV City & Suburban Ss . raetown Gas 1at 5. 3. Further guaranteed by the Federal Security and 3 TN Sy T & " I Mortgage Company, with .a capital and surplus of Saxon (PW) 3 93 o2 v SILVER QUOTATIONS. the placing of your investment funds. | ::r.u’:g::s ] YORK, November 7 (m—Bar ng | over $750,000.00. P o e i gilver. 49%; Mexican dollars. 36%. C 4. Trusteed by a large National Bank. . # 103% 10314 ; Money to Loan I ; I 5. Mortgayes appraised by independent experts of known 1011 101% Secursd by firat deed of trast on real estate. 104 1025 ‘ evalling interest and commission. reputation. Swiss Conted 1a 107% 107% o |Joseph I Weller {7, 1Ts5h 12§ Tt ow s ; 3 30 | ————————— | 6. Legal investment for National Banks and Insurance Toklo 63196 5 3 x Uia Rinem b s 39 15 G : . h ‘ 3 3 Compani . Uruguay 651960, 7 i " 2 Uruguay 8, GCC & St L 68D, ESTABLISHED 1889 Clev Term SRy : ' B H. L. Rust Company | Federal Security & Mortgage Co. MISCELLANEOUS. You Can Start Your 1001 15th 8¢. N. W. National 8100 ’ 3 1§22 K Street N.W. AbramaStraus 638 50 100% 1 Account With 295 * 4 2 i e e " ; e e APITAL & SURPLUS OVER $750.000.00 FEF g2 23333 3egssies 258888 W Alleghany Cp 68 '44 57 100 % Alleghany 58 49 wi. 72 101% y sl Am Chem 53%5 cv 49 £6 10844 e Sty x . Am NatGas 6%842 2 7354 AmSmit& R 12 101 5 5 5% Interest 10 1028 Erle 15t cons. Am T&T ev 4148 892270 139 Erle conv 4s B Paid on Your Sa AmT&Teltrbs,, 5 Grie Gen 4s. i Real Estate Lo w : 5 | Erte conv Ex'7 4 Onel:c Mon:hl: Pelymo-l‘:l:: More than 200,000 Sto_(:kholder‘ Am Water Wks 12 7 Erle & Jersey 6s. At i} G G i IS, Mutual Recéived the 204th Dividend on Gr 'l"runk stdb 1 3 n . . Anorican Recgrze & Trust Co Klntie Hean i3 ' 2 « i o, || Building oy Cities Service Common stock . ferchants' Bank Bell Tel Biges 1024 306 7th Street S.W. g Qllie t Wire’ ationsl Savinks : S R - Bell Tel Pa bs C. ] 105% Orsanized October 1892 Pashingion Lon™& Triat! Bethlehm Stl pm 68 100 Thomas P. Brown SAVINGS BANK. Beth Steel rf 6s.. .. 101% ot President. Bank ot Betnesda. i Beth Steel 6348 63 111 Cent 45 52 Thomas E. Petty e g-:: :: X i EE:‘Z:’;;:;:;T-::?.’ @ ll‘lll-cce-rg-:s:l‘l:.NO . ) Soseitasy. . On January 1, 1911 the first dividend on Cities Service . fi?cvw::uf mofid g‘:'e"g':;; Becurity & i g;:':.,gz.;';‘.",’;.‘,g:, : E:E fi:‘;::-;{:‘:,'u, Common stock was paid to less than 1000 stockholders. no change in their usual quiet e Copper bs.... 5 | Int Rapid Trana . atmosphere. were no ézi..“,l‘..'fl.‘:,“" " ; ,E:E'&’E%':‘é’,:.l’.'. Satisfied? On October 1, 1929, Cities Service paid the 204th anxious clients, crawding Mm v Rek. fos “om Invest 3% 9 nt Rys sal.. 95% thly dividend on Cities Service Commos stock to the t quotations on their invest- s v etk o ot g, s Perfectly pleased with your - b F g t R T INSURANGE. " " iCan Clty #0845 iilocioter the urerad Willigwn the 216,272 holders of record September 15, 1929, ‘ b o o g_-;:gehyu l:l;:l;?m i Kansas City S 68 Soid e Cuba Cane 8s. Kan City Term & be financially independent when Wk £olny e, R | Cuban Am Sug i Lake Snore 4s 31 ’ 7ig| | @ ripe old age is upon youP Wikam St VEa 201, 000 periine pureljea tiss Comiu The stock market had crashed; there MISCELLANEOUS. Den Gas § Lehi Valends..... ! ! Wonderful opportunities are stock of a Company, that Company can truly claim to * was the greaf uncertainty as to the test Inc. com...... 20 | Det Eaison 0 LehiVgen 4348 2003 5 93 93 5 7 1 et Baleon | Cahieh Vaites 1220 1605 183 | | in store for you if you really have deserved and won the confidence of the investing :lf:“::n o€ f’ifi.fl'&:‘ bilions of g: Dodge 6s. 31 3 | LongIsrf4sd9. want to make use of them. Just Donner Sisel 3. e 98 %4, | now there is a huge field for the | | ° public. Company had nothing to worry them. East Cubs s?;'m. 103% 103% life underwriter. Our country, L A )3 Fisk Rub ga. .. s Couts & Nast s, . 5 100% 100% | | which is enjoying unprecedented The Cities Service organization now includes more g:" more tl:;n fllpft’ Y;‘lfl our clients JenCavle b34nd Man Ry 1st 4590 56 andit ng prosperity, subsidiary compani sotal ‘aisets ol ol ve seen the First Mortgage Notes 4 Gooarien $ e M) RYALA 4758 : greatly under-insured. So now ‘is e _— - offered. through Swartzell, Rheem & ooty e : el e L 641 ] s i Sa o eibenentoi e 1 | $900,000,000. The subsidiaries are engaged in the pro- Hensey Company yield their unfailing um nn ref 4s.. ; . turn through f de ion and il YL LR . e 5 - make his plans for a promising ducing, transporting, refining and marketing of petro- re gh years o press an : : 5 ) % future. Would interested? : toait’ prosperity. Inland St 4% M StP & SSM 548, and manufactured gas, and electric light and powen Thousands of men and women of mol- int] Mateh ba 47, K&TsB n of Life Underwriting.” erate means now enjoy the steady intl Cement b s M StP & SSM 63%s. ¥ p Offered by the M MKaTaO b0 Salesmanship Training Courses income which these Notes assure. Barber & Ross. Chevy Chase Dairy pfd Columbia Sand & Gravei pi Commercial Natl Co ofd . v 2BEISVIN3S Paderal-American pfd. Lanston Mopnotype Merchants’ Transfer & Merchants' Trans. & Btor. Mergenthaler Linotype. ... Natl. Mtge & Inv. ofd. /11100 les Drug Stores pid. .. . Est. & Guar. pid. rity on = S LS 5 3 - 6 91 3 Mo Pacifl o for all new sppointees. i By the Associated Press, % ¢34 Mo Pao b8 A 85 1 : e ":":“. telde m‘%"’:“-‘:‘:‘” \ aVl:’foNoloo‘n fld‘:;fl:l&l::idfl:t from Sm asked prices on the stocks of several | oo oo mess2. yoot dends. For further information {1 geiod B e Ty et i ) R EQUITABLE Chi sty dres outmaarst e or your security in which :f«;ummm’“‘m'c B0 Biluavay Natonsl 1% | Nassau £1 48 61. o dey OF THE UNITED STATES { ; 5{.":5';:1?,“& 5 t-autaro Nitra NOTex& MbsA.. - ] ke S A s P p 3 o SR vin Liggelt & Myers 78 2 1 N ¥ C . | o B S A B ot HENRY L. DOHERTY & COMPANY | - RrEEM & HENSEY Co. courses for new agents. Branches in principal cities 1:': A::'m‘l‘%‘: :'cw' / Name. i Fiscal Agents for Cities Service Company ' oCo g 4 NEW YORK, November 7.—Bids and | int Tel&Tel 433 cv 209 130 NATIONAL BANKS. B 4 W Nash Chat&StL LIFE ASSURANCE 2 & i HEEL SWARTZELL, " A » Wi i C. Lortliard 63 n g 08 Southern Building @ Washingion, D. 0. MORTGAGE BANKERS P U S —— 2 Montana Pw. Montana Pow b8 43