Evening Star Newspaper, November 20, 1929, Page 13

FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, NOVEMBER 20, 1929. : National Biscuit Stock Split. | 885000000 to 4145000000 by the addi- ox wew vors [BO)NIDSsrock excrance] || N. Y. Bank Stocks || wew vomc svemte 04|, & ot St el i two-and-o! - | properties and for development o! the Received by Private Wire Direct to The Star Office Special Dispatch to The Star. the common stock of the National Bis. Faouny's Ruckem. lop! tors RK, November 20.— cuit Co. was proposed by the direc UNITED STATES. s, e | NEW YOI Uiz, ke, |today. The pian wil be submitted to ‘ i st . 974 | American” Uhion *: e 10| the stockholders at the next snnual| Clearing House Statement. Sules Hish. lLow 54 105 R s meeting. e | oNEW xl;onx November 20 ‘Q‘:‘;g We're Facilitated to Render . o - “ . r value Ing house st men! L 2 42 10025 10024 1003 o \ aik o e L A 100 b Diws Co.: Exchange Detailed Service : ’ ; . increase the authorised :capital from $1,533,000,000. Balances, $253,000,000. Prices of U. S. Government, . : Obligations and Other High- 5 10819 108 19 3 6 11219 11219 Class Issues Gain. FOREIGN. Sales. High. Low. Close. e Argentine 5 28 9% 891y Epecial Dispatch to The Star. Argentine 6sJu 89. . NEW YORK, November 20.—Invest- | Argentine 6s et 'ment buying by individuals, mturnnfl‘kl’hfll”nt May ‘61, companies, savings banks and other cor- | Argentine 53 8'62 porations came into the bond market | Argentine 6s A. today and prices advanced. Argentine 6s B s s United States Government obligations, [ Austraifa 438 § & Postal Tel & C 6%8 at their high prices for the year, were 4 Pub Ser 4%, . quieter, as buyers turned to the rai t 5 92 81 91 | Punta Alegres roads—which have announced a heavy t 2 92 | Pressea st Car §a. construction program for the new } RemingtonAr 65 32. —and to the public utilities and indus- | Bank of Chite 6% o Ikem Rnd 5%s war. trials to invest their money. Belgium ¢x. Sinclair O §s It was clear that much money just|Belgium 63 HEL S g Teleased from the stock market through | Belstum 17 D 7_“ {4 st the liquidation of equity accounts or | Belzlum 7s 1956. ... 26 ,':3,' :n," :M" from the call money market was avail- | Rel&lum 8 L “ il able tn the trading. Al Skelly Ofl %8 Right from the opening it was appar- | folivia fx. ... : b | South Bell Tel b ent that' the entire list was participat- | Brazt 8148 1098 14 | Southwest Bent ing in the rise and in the foreign de- | Arazii 8348 1927.... ¥ sm 86 |So Por RicoSug? partment, which has been notable for | prazil{ Il 93 1001 97% 100% |StamONINJ ¢ its weakness of late, -some advances | Brazil s s Stand O1l N ¥ 43| were wide. Canada fs1931.... 27 004 BE% 98% | piicorter gn 41 High-grade issues, such as_Atchison [ Canada §s 1952, 100% 101 | Tenn Cdp 68 B 44 . Bales. High. Low. Close. general 4s, New York Central 5s, South- | Chile 6s°60. ; 8 87 = B8 |mex Corp ev bs 1944253 101 NorPac 4%82047.. 3 95 95 954 ern Pacific 41;s, St. Louis-San Fran- | Chile 6361 2 874 United Drug 6s 63 2 9 101% 100% 100% clsco_ A 45, Youngstown Sheet & Tube | Chile 7s 1943 72" 75 |USRubilstrf 3 2 1011 110% 111 s, Columbia Gas 55 of May 1952 and | Clombia 6s Jan *61 10 2 U 8 Rub 1% Consolidated Gas 5':s were in demand | COn Pow Japan7s.. 11 99 9815 99 |11 AUD TS toes at_rising_ prices, Copenhagen ¢3es3 . 5 88 - 874 Utilitles Powr 6348 With the scarcity of high-grade bonds [ Cohenhagen 5sct.. 1 94 94 Vertlentes Sug Ts. What it is. it was natural that much(Siba 8% 110t 101 Wirnae S0 T8t of the buying was diverted to the more | C7echo $31951 8 100% 108 1004 | 0 0 oo ba. speculative types. Obligations of the | Czecho #a 1952 8 1001 109 3084 | ool N oton B8 1 traction companies wehe higher. Brook- | Danish Munie 8a A. 1 1073 1074 1078 | GEOR DRET L8] lyn-Manhattan Transit 65 were up|DanishMunie8sB. 1108 100 108 | GE8 DRon S nearly a point and Hudson-Manhattan | Denmark 41ss. . 7 88 -88 R i X 3 .| Wick-Spen cv 78 Tefunding 5s and income 55 galned over | DENMArk 5168 65..° 2 99w gow 99w | Wick-Spency T8, to owners in the management of their apartment house properties, especially. It's a service you'll \ Equitable Co-operative Bldg. Assn| | nd profiabic—snd inespensive. More Than @ Third of & Century's Experience 222830 ntnen=nnon Organized 1879 50th YEAR COMPLETED 1 JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary Natl. Assets .............$5,662,540.55 Surplus & Profits......$1,705,130.78 2100 B. ‘F. Saul Co. Subscription for the 98th Issue of Stock Being Received SAVE AS .50 'HE Equitable’s plan of sys- . sgm Ttematlc savings encourages Every Ofilce Tells a Stflry thrift in a manner that if con- SHARE sistently followed will even- tually lead to financial inde- pendence. Start now while vou have a steady income. Come in and let us explain cadEelgancewTites: about our systematic plan. presses your ‘apprecistion of these successful busi- 915 F St‘ N'w‘ ness qualities: Standard Ore Short L 63 gtd. 5 103% 103'5 103% Desl.(s enab}e you to ime Penna con 44s..... 16 101 101 mediately install organ- Penna gen ¢ 2 ; e 533 B T 1 ized efficiency in your of- Penna gen bs. . s 102 . fice routine. They elimi- e - [ - nate wasted moments by intro- G | First Trust Note,s e Pere Mar dot e5dé.. 5 vl carry all sizes, makes and designs i of Standard Desks at convenient a point. Denmark 6s 4 102% 1025 1828 Wilson & Co 18t Phillppine RR s Secured on 3 pric nd remember we are ex- Rational Dairy Products 514 were a |[DET Bl MchEill 1 101" 101 101 PCC&StL s % H clusive representatives in Wash- DEI6%s Nov b 1 Jcii 1015 Toii | WIn Repsatar 14y Port RL&P 14 2 102 ; ¢ point higher. Issues of oil companies . i ington. shared in the improvement, notably the | DUtch East 1 6s47., 4 101% 101% 101y | YOUnEstn S& T Sa. 45 100 Reading gen ¢S A i ' as ll tOll, D g ST SR SRR R | iy e O | o Il THE W.D.CAMPBELL COMPANY which sold again at a premium an " war 48, 9 104 101% 104 | ann Arbor ¢s.. 3 4% 7 | Real ES ate ) sescn 925 Fifteenth asas Merchants Midtown .. g Penn Exchange . Sene-3 Sixth Aveniie Sterling_National Straus National tile 0 e PREPY-E I e A STANDARD DESK in your office tells a story of business effici- ency, keen judgment, de- pendability, permanence Yorkyille . oo New labor laws in Argentina limit night work of any person between 9 and 6 o'clock to seven hours. [PPSO - B e ST eI Lo price /Gt G | EIRETS A CHIN. oo 90 | Atchison ad) 26 884 ! BUSINESS FURNITURE AND EQUIPMENT Fhere were no exceptions to the gen- | Finland & ¢ 6 65, . 80 | Atchizon gen ¢ }; i 2 Edtrually ] i Decorators of Commerclal Inieriors eral trend among the junior bonds of | Framerican 7348, . 11 102% 10215 102 | Atiroee & B & FitH ! Interest 6% Semi-Annually { 1018 15th Street N.W. 1506 L Street N.W. the carriers. Chicago & Northwestern | French 7 - 25 109% 109% 1094 [ A1 & Dan1st4sds. 1 69 68 . 3 4148 were up 2!, points and the 4%s|French 7%s. 9 118 114 [At1 & Dan2a4s4s.. 10 53 3 Conservative Appraisal N of the same company on the curb bond | German Bank ¢s "3 % R4% Certificat f'Fll]e division were up fractionally in active | German EIP 63 9 91y o1% | rtificate of | trading G 39 1064 105% 1064 L) Fire Insurance 4 South American issues featured the 8 TEK 8L T84 loen foreign list. Brazilian 8s were up 8 5 :m' Seab AL adj rolnu and nearly 15 points above the 'm 4 =, | Seab AL ref low for the year, which was touched 5 9% Seab AL con only a few days ago. Colombian 6s of H 77 3% = v, s, SBAll Fla October, 1961, were 3 points higher. 91% 2o | Sou Pac ret 4 Argentine 6s nf September, 1960, im- 93 b Sou Pac clt 4 proved fractionally, and Antioquia 7s A K 4“ lo?k 1024 mm Bang & Aroos 4s 5 1. | Sou Pac 4l4s rots. . Were up & point. 'Japanese and Euro- - B3 BAN- e "SaN | RONeE MEiS. Soin | Sou Pac 438 69 ww run dollar bonds were steady to slight- B B e th. . p lv higher. German reparations 7s con- | Marsetlle 1799 99 90 |alontinml eanta, tinued their advance. Mex 451904 asnd.. 1 10% 10% 10%| puse R & Pitts 4348, 5 Bond trading on the Curb Market|Mexico 4s 10asnt.. 13 10w 10 104 took the same course, fractional gains|Milan 63% 27 &5 83 g5 |CanNat4%s30 being the rule. s.. 8 834 B8 88y | CanNat4y 10 881 Rl 884 i, . G 2 6101 100% 101 PRVMINIM'TOBNCODOROP | £ 2, ith &8 ISR o Ava 20 | F 0 2 rd Avead) bs. .. R e a2 e iR ik | SRR ER delstof | | pmimacion Preliminary _estimates of tobacco | Ny it S : . i) - ave prepared a list o rg&%fi;fl&?gg&.éfl%nx the?::ei? g;:::’a::‘n‘s::i’: HOIT 1854 | Cent Pac 1t 63 80.. 12 ‘ ‘ Ml Lt Hig PECH g forty years the H. L. RUST COMPANY Wi consider- 1s Orl [ R i i im- ably better than last year. Estimated | Paris-Ly-Med borrs 18 100% 100 1004 | Cent of Ga BaC 53 : 9% | Whash 438 78 rets. Common Stocks has been making first trust loans on im: production of the various types is as| Paris-Ly-Med 7s.. 13 103 102% 10% Cent Pac 4s. 1 praved properfiesintthistrictofColumbia follows: Flue-cured, 85,540,000 pound: Peru 6s 196 Chi & Alton 8 . . s atn]n "‘ fire-cured, 24,300,000 pounds: "butley. | Pers Ta. s, 2 | e kD Coreaks g s with estimated 'earnings per share which 1 6240000 pounds, and sun-cured, 4,850, % s T2 124 .- 3 - ol 4 we are recommendmg for investrhent and adjacent suburbs of Maryland . . . In- G as and careful attention to delailss Wm. H. Saunders {Co. Est. 1887 'L 1433 K St. N.W. Distirict 1015 o Zulualanan o ac s |C H purchase at this time. The list is avail- vestors have found the notes SAFE in the 6 101 100% 100% | cnig® 111 gn 58 9 74 75 | Wis Cent &n 4n & g { P — Rio de Janerio 6%s 42 74 72 CMastraents. g i i i i o Naw Vorki Stk Bisbiiige 2 interest yield consistent with a conservative PARIS, November 20 (#).—Prices ad- | Rio Gr Do Sul cent loan, 105 francs 40 centimes; ex- Members Chicago Board of Trade , o : ot ; ; 34 : g six per cent motes mow available. Washmgton Stock Exchange 2 y g y JAMES F. SHEA Telephone National 5500 56 101% 101% 101% | 214 10214 3 & 934 5 3 3104° 104 104 | L e : able on request. i abundance of the security — CONVENI- 1 1084 10814 1084 | Cni Gt West 4x 59, = ENT in their denominations ($250 and up- 1t 1 g Chi TnA& T ref & % ¥ A $0penr average " | Phine Wet B P s 15 53 oo B |CNASIritiuiis 4 @ 2 WESTHEIMER & CO. wards) — PROFITABLE in the highest PARIS BOURSE PRICES. | RiodeJanssy et : ' 95 5 i Members Baltimore Stock Exchange investment. e e Boumseiay. 4 s pent : e 51 First Mortgages Members Cincinmt Stock Exchangs : change on Iondon, 123 francs 88 Now Availabl i gentimes.”he ,gg!uur was quoted at 25 i : L Ground Floor—Woodward Blég. We will gladly tell you more of the 83 1034 1 L iics. 41 108" fotk l0g | h TH inageqo. 643 Lo ~ o, Hiee, 6% P10 avv08 5 Taw T 14 LU Lo b LD H . ; Ho Lo Rust COmPany . R. & E. 3 Toklo 6%s 1961 5 87k 81 # 1 74 F I'S Wlflr a9¢ iggs . 1 | C& WIEun632. 10274 1027 5 Utd Kingm 53 32102 102 102 o 1 t tg g 1001 15th Street N. W. National 8100 Mergenthaier Linotype—10 at 1027%. | Utd Setam Copen 65 5 97y | CCCASLL deb ¢ %0 Natl. Mtge. & Inv. ptd.—80 at Uruguay 65 1960... 23 et s 4 Resl st Mige & Guar, pid. 100 at | Uruguay 26 39y | Solo & Bou ¢ [ oans 714, 200 at 7%, 100 at 774, Vienna 6s 8 82 8214 | Cota KR B 3 81 B8 TABLISHED 183859 AFTER c.u.l. Warsaw 78 14 70 | Cuba Nor 5%s et g Pot. Klec. 5%4s—5 at 103, Yokohama L Pl for, 3, 5, and 10 year . BE—5 &t 310, § st 210, MISCELLANEOUS. X periods on houses, % ptd.—! X Abramast: 6%s B 98 97 9T 1 bl e T NSNS S id an ske rices. Alleghany 55 49 wi. 45 101% 100 101% S neess property BONDS. AmAgriChem 7%s. 2 104 103% 103% 3 HALSEY, STUART & CO. PUBLIC UTILITY. Am Cotton Ofl 5s. .. 10 984 984 981 | Det United d%s.. Gty i";afiffdnfla;’y’!‘:"by Radio Pro gnam Amer T, & Telen. 453 : |AmIntCors%s4s. 63 98 97 98 |Frie1stcons ] and and Virginia N, ‘rel b Tl ol i1 Am Chem 6%scv 49 68 103 102 104 | Erie conv 4 Beginning TONIGHT, November 20, S " Randall H. Hagner & palh 3 2 R Am NatGas6%s43. 8 67% 67% 6% s i /m-mu- & Plfl suar. 3. AmSmit& R 1 16 101 99% 101 this program will be broadcast mx;u. i -mm‘ B Am Suzar et 3 1024 102 102w | Frie cv ba 87. . 4 Company, Inc. m"l:_:fiecu.. L g [AmTaTe 2 e e 1321 Conn. Aye. N.W. EVERY WEDNESDAY EVENING Flec: 65" Tss Dby 103 ] AmT&Ts 1 120 102% 101% 102% % . Decatur 3600 Am Tel & Tel 6%s,. 76 106% 106 106% et g 3;..»«“',5’.{ Gor e 9 i) |Am Water Wkabs.. 21 99% 98% i /Omeoment F0 . Mortgage Loan Correspondent 9 ocC I oc l( j— W R c Jash Dur' an series 4 o :m ané’nn‘:l;"l. L SI‘:?.?{‘;':}Z'.' SeD. New York Life Insurance Co. romur&Cod %s39. 7 N oo 3 08 « 95 ; Afmour Del 6%s... 13 81 8074 81y | Gt Nor bs. B Va Also a coast-to-coast network of 34 stations associated Associated O11 5 10113 101% 101 | Gt Nor 6% e 0 —— = with the National Broadcasting Company. Hearthe Old AIGulf6s69...., 23 66 66 66 |GtNorgen7s. i e Counsellor's helpful talks on sound Investment prac- de: H . 80 100 . %’-5'1" ERATol Datontiin, | (i eiioYC | RCSE WA Gacs PRI b GRS e dh L bl The Commercial tice @ Musical program by the instrumental ensemble. ¢ ity : BAlTSRAE S 3 d0r 100" 100 | Kuakdien ; National Bank BONDS TO FIT THE INVESTO Bethishm Stl pm 88 9 = - L] Beth Steel 2 ‘ent ref 4 9 Beth Steel 6% 28 104% 104% 104% | 111 Cent 45 52 9 8¢ Pays interest on DAILY BAL- - PUBLIC UTILITY. Bethlehem Steel 63 38 104% 104% 104% l!n‘cu(\:x %s % 9 ANCES on Savings Accounts. Amer. Tal. & Telga.. 3 -4+ | Bklyn Edison 68 3 102% 10214 10215 | T11-C-C-StL&N : SEmitar ‘!’.rrl‘fl(l_'nn €. 7 Bush Term Bldg 6a 11 984 984 Y3y | Int Rapld Tr IfScess uits Wiom DAY S ot & s Certain-Td 6%s rcts 65 65 |Int RapTr 9 deposits and earned to DAY Chile Copper b i 9414 954 | Int Rapid Tr of withdra Colon Of1 683 8% 784 | Int & G Nor ad} Col G&EI b8 M: 36 99% 99 99% | Iowa Centrf 4s. Come In and let us explain Balto. km'a'n-n’pra [t L Com Invest s P RN Con Gas N 34 105% 104% 105 M';“;:: :'é"s'::" Cuba Cane 12 40w 40 do- | AR EiE E Iy eets Cuban Am Sug 8., 14 100 99% 100 R. GOLDEN DONALDSON, President | Lake Snore ¢s 31, ; A i Den Gas bs. 1 99% 99% oy | LakeShore ¢u ; L . 3 co G MAN Det Edison 6 108 105% 105% 12 | Lentv, BCERGa U b o GReTA i b A e S LLEGE y naal Bank of Washiiigion:. 7 M EC e BT A E i 2w togs| For months we urged Advantage of This g TRUST COMPANY. b ¥ American Security & Trust Co. 420 4s0 |Gen Mot Ao Cor €. 32 99 99 u “B B 2 . . 48 i 105 n Seerehunts Bk & traeeesee 13 870 | e arkaeetarss 83 ”:x-? %uw l:m‘ Mill Bl RyALt S8 p P wy tOPd.s at Real Estate Plan? zulrly"or unfaid Ills the oun mca‘;.nlh ::lllgflnln- Hoe & Co 8% 1 B2k 2 B2 1 Ry & L ba 1. 9 resen rices g who are pre ¢ jobs w ead to oppor- SAVINGS BANK. E'::”".'?':“l.:fé’)‘,"':fl Bhe i |E-?n: :5312 :§§3§ L A 7 f R —Borrow from us .m]liny";.:: are axcchpfiom,bbc':un—-buuhc ;:n Jonk of Bethesds. ell Tel 8s. . ALEHE DG REE : 5 or 670 Return )] ABI RM! i majority of the men whose. careers have been conspic- e O L R R L i N REASONABLE TERMS uously successful have been college graduates. 2 Inland Stl 4%8 78.. 1 a2 Because continued high money | 5 ; r s 1N tod: thoughtful parent i to h %nmnnon Mechanics’ " A A L i ;‘P’.‘;‘,‘“‘;"“:fl .- - creating an unusual opportunity —FOR FIFTEEN YEARS I Let us tell you about our simple, common sense plan where- FIRE INSURANCE. MO PSS ES Ao to buy for high income return small sums systematically invested at compound interest Eoran ; 93h 93 98 and profit possibilities. Now, Call 1 provide a fund to defray the expenses of your children fiucn:l ‘Union. Ta: TelaTol cue V138 101 1264 139 10%%| cheaper money is stimulating during their college years. TITLE INSURANCE. 4101 101 101 bond buying and prices are ad- N 87% : boncl Y Y Resources over $30,000,000 %‘l.“z"‘:"i“‘.{““’ Dranet s el : e Nas ... 45| vancing. At this time, however, WEAVER BROS Send the couson today for lluswated bookiet Estat EALYORS of Course?” 99093 agse 2EsE s w fie & fur. ot Md gomktuoes 0 it | Laciede 2 . it is still possible to eelect a well describing this plan, aiss our Anancial stasement. diversified list on which the pa— N (1 111 [ P ———— s Band & Gravel SRAT S 1T e Ccllgnc’:rlfl‘l Natl. Co. prd. I 1i 20 100% 100 100 99% 99%, 2815 12815 123 A Subsidiary of The Equitable ————————————=———Founded 18— 17 1900 C00% _pox| N ..,2' Trust Company of New York Barr Building, Washington 101 101 MISCELLANEOUS. Lacled 7 101% 100% 101% 18 1094 103 108 average yield is around 6%. Mfg, pid Send for copies of our Current Lists 1% STANLY CARR, Representative Leatara Nt Becurities pid. 9% Mortgage Loan Correspondent i Address.....ccocnnennnn. s sbvaboneuieinuas A i Hsioniod e ———————_ Teleohone: Metropolitan 1879 rher & Rous, fno pom..-. % %8 18 102% 102% 1024 3 108% THE EQUITABLE Metropolitan Life Insurance Company m ml Sl dob B0t ‘42" 12" | SECURITIES COMPANY IN¢ SmRs cm WASHINGTO! o Offices in 51 Prineipal Citigy, 4 25 1024 102% mz» 11 111% 111% 11l%