Evening Star Newspaper, July 7, 1930, Page 15

FINANCIAL. “GURB LIST LOWER IN'DULL SESSION Accumulation of Selling Or- ders Over Holiday Sends Prices Downward. BY JOHN A. CRONE. Epecial Dispatch to The Star. NEW YORK, July 7.—A series of unfavorable week end news develop- ments, coupled with the weak close of last Thursday's market, caused an ac- cumulation of week end selling orders that resulted in a dull and declining session on the Curb Exchange today. Although trading continued light, prices steadily slipped. Public utilities proved the biggest disappointment. ers had antici- pated a substantial rally in this group immediately, following the adjournment of Congress, as it is generally believed that mergers involving such companies as Electric Bond & Share and its as- sociates, Niagara Hudson Power and United Light & Power and their re- spective affiliates, will be attempted this Summer. Bond and Share Off. Electric Bond & Share, after opening off 214 points on a block of 3,000 shares, continued to decline. American Super- power, Niagara Hudson Power, United Light & Power A, Middle West Utili- ties, Consolidated Gas of Baltimore and Brazilian Light & Traction also de- clined. Cities Service was down almost ® point and Goldman Sachs lost more than a point. The Army award of $11,299,978 of airplane contracts stimulated trading in the stocks of plane manufacturers. Con- solidated Alrcraft, Detroit Aircraft and Fokker Aircraft, which were not men- tioned in the Army awards, slightly re- acted, but Irving Air Chute and other companies advanced. The report of ‘Transcontinental Air Transport, show- ing that 30,000 passengers had been carried, falled to benefit that stock. Aluminum Co. of America with a drop of 20 points on four transactions registered the widest break in the higher-priced industrials during the forenoon. A. O. Smith Corporation led the up-side of the group by scorig a gain of 10% points, BONDS ON THE CURB les DOMESTIC BONDS. aundreds Gas 65 2 Abpalac oy 5B 4 Arkans P & L 58 Asso Electric %35 '53 2 memeSara1aSts A: Tel, Um 5',. RIY S Sug, 8s ina P & Caterpil Tr 5s '38 Gent Stat Elec 85 48 ] Ci & wh Ed 4155 D '57 98% on Gas Balt 5s P '65 104t b_83s '36. ...4_:.«-. 00! 80 26 100 101 9814 104 100 28 [ 98 2 R RS 3 Be Tnter Bras 2 u. 8 & Duauesne Gag 65 is E Bost §s A 133 1003 m-». mi, P& L se A 2030 o0 20 20 100% lw% 100% 101 1015 181s, 99%% 102% 1 6 A ,01. lM". mu‘: m’ o 5% 1"" 9213 6N Y P 1 Niag Falls Pow, 48 Niag_Shares 5'2! r Ind P 8 loo‘ 100% 100t 5 s 300% 1004 44 075 % 10684 1061 108% 3 s 51 m:% 1024 ml: 8 310 B PEL 8 i c-fix d's Gas 2200220, i2gass = o O, e << aqag) n; n_Sweringen 65 '35 E&P 55 fl’if Air Prov 75 '52 98 95 95 £ PrTixs 47100% 10015 1000 RN 4 Notice—All stocks are so0ld In one excepti those designated by the which s 16 Ainsworth (32% e Aluminum Co of Am Alu Co of Am pf (6). Alumn Goods (1.20) . Am Capital pf (B)... Am Capital pr pf 51 Am C P&L(B)110%) Am Cigar Co........ Am Com P(A) b10% Am Control Oil Flds. Am Cynam B (1.60). Am Equities. Am For er('lr).. Am Gas & Elec (11). Am Gas&Elec pf(6). t (war) Am Invest. Ine (E).. Am Laund Mach(4). 508 Am Lt & Trac (2%). Am Mfg Co pf (5). A AR DD oo e S b gy » Am Superpwr (1). Am Sperpwr 1st (6 Am TobacB (new)w.i Am U&Gen B vte 400 Am Yvette (n) w.... Anchor PF (b10%). Anglo Chil Nitrate. Appalachian Gas.... Arkansas Nat Gas... Ark Nat Gas (A) Asso Dyeing & Ptg. Asso Elec Ind (30¢c). Asso Gas & Elec..... As80 G&E (A) 12.40. Asso Gas&E!l ctfs(8) Asso G&E (A) db rts Asso Rayon... Asso Rayon pt (6). Asso Tel Util (b8% Atlantic Lobo: Atlas Util Corp. Auto Music A(t1. Babcox & Wil (19).. Bahia Corp pf... BancomitCorp(1.60). Bell Telof Can (8). Blue Ridge Cp (40e). 12 Blue Ridgecv pfia3) 20 Brazil Trac& Lt (2). 15 Brill Corp (B). 1 Burma Corp (13. 1 Bwana M Kubwa. 10 Cable Radlo T v.te.. 1 Cable&Wire (B) rcts 2 Canada Marconl.... Carib Syndicate. .. 3 Carnation Co (3134). 3 Cent 11 Pu Svc 60, pf 208 Cent PS (A) (al.76) 6 Cent States Elec 3400 10 Cent Sta El pf(6)xw. 1 Chain Stores Dev Chain Stores Stocl Chat Ph Al n-v(60c). Chem Nat Asson-v. 1 Cities Service(130c) 170 Cities Srve pf (6) Colombia Syndicat 35 Colon Oi 2214 Colts Pat Fire A (2). 8% Col Oil & Gas vic.. 3% Colum Plo v.t.c. $1%. 3% Com'with & Sou war. 31 11% Comm Wat Serv b6% ll 156 Consol Afreraft.. % Consol Auto Merch 90% Con Gas, Balto(3. 16 4% 141 122 6% 1% 500 454 1570 146 15% 6% 444 33% 55% 35% 5% 2% 3% 2% % 3 M 2% % 3% % 26% 20% 28l 19 72 2% % 17% 17% 244 88 % 101% Contl G&EI pr pf(7). 2i 5 Copeland Prod.Inc A 6 Cord Corp..... % Cresson Consol (8¢). 16 Crocker Wheeler.... 9% Crown Cork IntlA(1) & Cuban Cane propt w 34 Cuneo Press (2%)... 1% Curtiss Wright war. 2% Dnylon Alr & Eng 8 ‘or 6% DeHav.Alr Itd rct 50¢ 41 Derby Oll Refining 5 Detroit Alrcraft. 9% Doehler Dis Casti 5 41 Driver Harris(new) 984 Driver Harris pf (7). 30 4 Dublilier Cond & Rad 81 Duquesne Gas Cp w.1 21 Durant Motors..... 44 18% Eastn Sta Pwr B(1). 18% 7% Eastn Uul Inv (A).. 23 944 Eisler Eelectric(1%) 117% 70% El Bond & Sh (b6).. 109% 108% BI Bond & Sh pf ( 94 924 El Bond&Sha cu pt(5 39% 19 Elec Pwr Asso (1).. 317 16% Elec Pwr Asso A (1) 78% 281 Eler Pwr & L op war 100% 100 Elec Pwr & Lt pt (6) 32% 15% Elec Shareholdg(31) KON RORE DANKNNANRBRS KO EEI 526 Emp Pwr pt (14.04). 6 14 Evans Wallow Lead. 5% 1% Fagol Motor.. 684 48 Fajardo Sugar. % 1 Flat Stock deb rt 100 Florida P&Lt pf (7). 13% Fokker Afrcraft.... 5 Foltis Fischer Corp. 28 Ford Mot, Can A t1% 36 Ford Mot.Can, B t13% §0s 6% Ford Mot,France 28c 2 104 Ford Mor.Ltd 37%e. 13 2% Fox Theater Cl (A). 73 2% General Baking... 27 Gen Baking pf (3)... 40 Gen Capital Corp.... 10% Gen E. Ltd rcta(50e) 27% Gen Fi'proof (1234). 20 Gen W W&E(A) (2). 75 Glen Alden Coal 8 9 Glob» Underwriters. 3% Sold Coin (new). 4, % Golden Center. 46%' 18 Goldman Sach T C. 6 1% Gold Seal Elec new 260 180 GrA&PTop-v(f).. 14% 10% Groe Stores Prod vte 166% 117%4 Gulf Ofl of Pa(1%). % Happiness Candy... 18% Hazeltine Corp (2).. 8% Hecis 13 Ho 7 Hudson Bay M&S8.. 18% Imp Ofl. Can. n(50e). 22% Imp Tob GB&I(1%). 25 Ind Terr (llu Ol (A) WOOL PRICES FIRM Trading Is Limited According to Boston Market Advices. Special Dispatch to The Star. BOSTON, July 7.—Wool buyng was further curtailed during the past week. according to reports today from most wool concerns. Inventory buying by manufacturers was a factor in the | slackening of trade in the wool market. | The limited trading was done at firm prices as compared with the previous | week. 1B Fine territory combing clean was quoted today at 75 to 78; French comb- ing, 70 to 72; half blood, 68 to 72: three-eighths blood, 60 to 65; quarter blood, 55 to 58. Fine Ohio fieeces were quoted at 30 to 31; grease basis, half blood, 29 to 30; three-eights blocd, 28 to 30, and quarter blood, 30 to 31. Twelve months’ Texas wools were quoted at 72 to 75; eight months, 65 to 70. ., 2 [UTRVIOTSS- 0% JOTOTOETVITTVITvpRToRe. 9 16% 5% 4T REALTY SECURITIES. NEW YORK, July 7 (Special). —Sales on the Real Estate Securities Exchange today totaled $11,000 bonds and 100 shares of stock. Broadway and Thirty- eighth Street 7s at 983 were up 1; Fifth Avenue and Twenty-eighth Street Realty 655 at 95 were off 1%, and Graybar 5s at 87 were off l United Realty stock at 12%; was off Y, REDUCING OIL RUNS. letter s (65s) ws those stocks to be sold in odd lots only. THE EVENING STAR, WASHINGTON, NEW YORK CURB MARKE hundred-share Stecl Low. Dividend Rate. Add Ind Terr Iilu Of1 (B) nd #n ctfs(b10%) . Insull Util Inv tb9 % ins Co. No Am (13).. Insurance Sec(1.40). Intercontinent Pet n Intl Petroleum (1). Inv Peppe South Venezu 120 28% t) 15% 8% 8 208 23% 2T% 20 % 23% 2i% annual COTTON GOODS QUIET. NIW YORK July 7 (8pecial).—Cot~ goods markets were quiet today. Fointclotn quotations remained un- changed at 53 for 64x60s and 8%, for 68x72s. Raw silks were quiet and unchanged. P I NEW YORK BANK STOCKS NEW YORK, July 7 (4).—Over-the- counter market: Bank Stocks. Bid. Asked. America g .oe « M 2 Bk of U & Uniis Broadway Natl Zhat” Phenix.. Sittn Ma; Peomes Naui Trust Companies. Bankers' ~e. FOREIGN EXCHANGES. (Quotations !unll"efl by W. 13 fllfln.fhf&- n‘dnn‘ .p‘o:nl aris, fri NEW YORK, July 7 (#).—The Prairie i Pipe Line Co. is reducing its runs of crude oil and has cut the dally average from Oklahoma City flelds 25 per cent. B twice as People of Poland are buytn1 afyear ago. many phonograph records as a nommn, crown, | Intl Superpwr(31 Interstat H M (1.4 “0 of No Am Irving Air Chute (1 Irving Air Chute war Itallan Superpwr A Kirby Petroleum.... Leh C&Na new (1.40) Leonard 011 Libby McN Liberty Baking. Lion Ol Refin (2) Loew’s. Inc (war) Lone Star Gas. n (1). Louisiana Lan & Ex. Lynch Corp (32). Magdalena Synd.... Marc Int M (52%¢) Mavis Bottling. Mlmnhh Nat 4 Mid Sts Pet v.te. Mid Sts P Mid W Sts Ut (1%).. Mid Wat Util(b8%). Mo Kan P L (b10%). Miss KPL V.t.e.oee Natl Amer Co. Natl Aviation. . Natl Bond & S (25¢) . Natl Fam S pf (2) Natl Fuel Gas (1) Natl Investors Natl Pwr&Lt pi Nat Sh Trm SecA $50 Natl Union Radlo. ... New Brad Ofl (50c).. NJZine (12%)....u Newmont Min (34). N Y Pet-Royalty.... N Y Rio&Bu Air N Y Tel pf (6%).... Niag HPwrn (40¢). Niag Hud Pwr.A war Niag Hud Pwr B war Noranda Mines (2).. No Am Aviat A war 1% Noth Euro Ofl Corp. Nor Sta Pwr A(3) % Ohio Copper. Ohio Ol (. Ollstocks, Ltd A $50e Outboard Motor (B). Pao G&E] 1st pf 1%. Pac Pub Sve (1.30). Pandem Ofl. ... Param’t Cab(b8%). . Pennroad Corp (20c) Pa Water&Pwr(3).. Smith (A 0) (2) South Coast 80 Col Pwr (A) 2). rn Corp. Southland Roy (1 S W Dairy Products. Standard Motors. ... Stand Ol Ind (2%). Stand Oil, KY (1.80) Stand Oil. Ohlo(2%) . St Oil, Ohlo pf (7)... Starrett Corp. ... Stein(A) Co pt(6%). Stein Cosmetics Sterchi Bros Stores. Strauss Roth........ Stuts Motor Car Swift & Conew (2 Syrac Wash M B (1 Technicolor. In Teck Hughes (60¢).. Trensamer (31.60).. ‘Tran Con Afr Tran., ¢ TransLux DL PS.. Tri-Cont Corp (war) Tri Utilities(31.20).. Ulen & Co (1.60). Ungerleider F Cor) Union Tobacco. United Corp (war). Utd Foundersb3.36) United Gas Co (new) Received by Private Wire Direct to The Star Office k and Bales— . Open. High. T 2T% 65! lB 4% . PETCTFI J090 - Tranere- v.te B. e PISTOTI N - U0 Y P T R P e P Do 141 Agreement 2 1 Mfg (8) rol Corp war. Plerce Gov (1%). Plymouth O1) (2). s Prince & Whitely Prince & Whit pf(3). Prudential Inv Pub Util Hold w Pure Oil pt (8). Rainbow Lu Prod B Reiter-Foster(40¢).. Royal Typewr(t3%) Ryan Consolidated. . Safety Car H&L (3). St Regis Paper (1).. Sait Creek Prod (3) Seaboard Utii (30¢). Seg Lock & H (50¢) Selected Industrie: Shattuck Den Min. Shenandoah Corp. Shenan Corp pf 113% 21 1n 15 [CTTOTS {PCRUINIIVIO - JoF0r%- TP P-4 aRorm Unit Shoe Mach (3% U S Elec Pwr ww.... U S Foll (B) (1) U S Lines pt (1) U 8 & Overseas war.. Unit Verde Ext (2).. 4 Utility Pwr&Lt(al). Utility & Ind. Utll & Ind pf ( Vacuum Of) (143%).. Petrolm. . Vick Financial Corp. Walker Min (7%e).. Watson (J W) Co.... Westn Alr Bxp(60c) White Sew M db rts Wil-Low Cafeter!: RIGHTS. % Hud Bay M&S July1$ % Int) Nickel w....... % Mo Kan Pip Divideng rates 1 dollars based on last quarterly or semi- Explre. *Ex- ldflnfl tPartly extra, $Plusextra in stock. & Payable in 27% | casn or stock. b Payable in stock. d Pavable in ock, KRESGE SALES DROP. NEW YORK, July 7 (#).—8. 8. Kresge Co., reported sales for June $11,400, 123, a decrease of 9.3 per cent from sales of $12,571,795 for the like month last year. Sales for the six months ended Junc 30 this year totaled $67,457,612, compared with $67,644,458 for the corresponding period of 1929. TREASURY CERTIFICATES. (Reported by J. & W. Beligman & Co.) Rate—Maturit; Bid. (‘ner 1az0. 100 SHORT-TERM SECURITIES. ‘Reported by J & W. Seligman & Co) Bid Offer Allis-Chalmers CD 58 lfll'l 1024 American Tel ‘Tel ' 438 193310 1 \éllhvlll\ P:Losur "1:15.“02 . s Glllfl:nll ;fl. Corl an_Nor. et g Co. Gen. Mot. Afl'v. Co; 00d: iR S'Tr%i l’unk‘Cl‘n‘.’Ia“ American T Threna $tin 1 Tel of Cana pe) Gudany Packi mble, Ol guh . Lt Witeeling Steei Corp eeling ‘Wheeling Steel Oorp fl.l D. C, MONDAY, LARGE FORD DEAL INTTALY REPORTED With Isotta- Fraschini Points to Big Op- erations Despite Tariff. BY RALPH E. FORTE. By Cable to The Star and Chicago Dally News. ROME, Italy, July 7.—In a far-reach- ing agreement which, according to in- formation from Milan, has been reach- ed by the Ford Motor Co. and Isotta- Fraschini, the manufacture of Ford au- JULY 1930. WHEAT TUMBLES Big Increa in Visible Supply nds Prices to New Lows. CHICAGO, July 7 (#).—Confronted by a big increase of the United States wheat visible supply, wheat today tum- bled down to record-breaking new low price levels. The domestic stock of i wheat in sight showed millions of bushels enlargement for the last week. Furthermore, export demand for wheat from North America during the mple holiday was disappointingly small. Dragged down by wheat, the oats mar- ket today also fell to dep'.ha heretofore unreached this season. Wheat closed nervous, bushel lower than Thursday’s finish. Corn closed 73al3c down, oats, 7sallac off, and provisions varying from 20c| decline to a rise of 15c. S VHEAT— Eembe: December . CORN— Er T September December . 21,a2%¢c¢ a| tomobiles in Italy on a scale of mass uDATS— production is envisaged. The agreement, which will have an important influence on the future relations of the two powerful concerns, was reached after negotiations beginning last March. The plan, which is understood to have the government's approval, affords means whereby Ford can counteract the new prohibitive tariff, which the government has slapped on foreign au- tomobiles, and will thus break up the monoply which the Fiat Co. would otherwise have had in the lower-priced car fleld. ‘The immense plants in which Italian- built Fords will be turned out will be equipped with Ford machinery shipped direct from Detroit. Italian officials hope that ultimately all parts will be completely manufactured in Italy, but during the first months of operation, 30 per cent of the parts—in other words, the moter, steering gear and transmis- sion—will ‘be shipped rough cast from America and then finished in these new plants. Under article 2 of the new tariff de- cree, the high rates on rough cast parts are suspended under certain circum- stances until the end of December. It is believed that the government will prolong the existence of this special dispensation until Isotta-Fraschini no longer requires a certain percentage of vital rough cast parts to carry out its program. Mr. Sorenson, export manager in De- troit for Fords, and Sir Percival Perry, chairman of Fords, Motors, Ltd., will arrive in Milan next week to perfect the detalls of the arrangement with Commendatore Cella, general manager for Isotta-Fraschini. (Copyright, 1930.) RAW SUGAR QUIET Prices Little Easier Today in the Futures Trading. NEW YORK, July 7 (#).—Raw sugar was quiet and unchanged early today at 3.30 for spots, duty paid, and no sales reported. The easier ruling of London over the American holiday and the inactivity in the spot market seemed to restrict any aggressive buying in raw futures, d as a result prices were a little easier under liquidation and some sell- ing by houses with trade and European connections. The volume of business, however, was only of small proportions and after opening 1 to 2 points lower prices continued within that range and at midday showed no change from initial In refined, a good withdrawal de- mand was reported, but no new busi- ness, and prices were unchanged at 4.70 for fine granulated. Dying Race of Gorillas. ‘The gorillas of the British hills of Africa are dying out, principally from the ravages of big game hunters who kill for the mere pleasure of it. The animals are given some degree of gov- ernmental protection in some parts of the African continent, but on account of the dificulties of guarding the coun- try the protection does not amount to much. The Nigerian groups are some- what larger, but are being decreased rapidly by the hum:ers The natives, as a rule, are not in sympathy with thic slaughter, for they regard the animals with friendly interest. It is only on r & occasions that they show any in- clination to attack humans. The gorilla units confine their movements to cer- tain well defined limits, and they roam about the country harmless and quietly. As & rule they keep to the country, which is somewhat inaccessible, and make excursions into the inhabited por- tions only when driven there by the un- Ilvorlble conditions existing in the high countries. The native regard for these animals may be based upon superstition Yitos oerwn extent, and it is quite com- mon for the native tanner to refuse to touch the pelts brought to them by hunters. 3‘\ the northern or Hayonsa area thete is only one known troop of 25 in- dividuals, which has increased in late years owing to the protection now being granted to them. They are far fiercer and more aggressive than the south- erners. Ten years ago they attacked and killed an lnoflemlve man and later they made an attack upon some young goat herds, but these are the oniy in- cidents of this character recorded Tecent years. SILK FUTURES LOWER. NEW YORK, July 7 (Special).—Re- flecting weak cables from the far eastern markets, raw silk futures opened 2 to 20 points lower with sales of 80 bales at the opening call. Quotations at the opening were July, 2.65-84; Au- t, 2.70-80; September, 2.78; October, : November, 2.71-79; December, Jnnulry, 279, and February, GMM IALES GAIN NEW YORK, July 7 (&) Grant Co. reports Ille! ot 85 469 105 for June, an increase of 1.76 per cent over $5,374,171 for June last year. Sales for the first llx monuu this year totaled $30,012.691, crease of 11.68 gent over $36/ ik kS for the like period TRUSTEED SHARES eihe IDEAL INVESTMENT for in- vestors who demand SAFETY, TEED and GROWIR of prircivar snm-uy suited to long-term in- individuals, t nds of organizations. Sold in Lots—$100.00 Up Call or Write Standard Collateral Shares Corporation Woodward Building Met. 3783 Fenner & Beane Members New York Stock Eschange end other principel eschanges New Orleans Our New Telephone Number is New York National 7000 1430 K Street, N.W. Washington in | iy iosoe September’ December . COTTON IS STEADY Trade Apparently Awaiting Acre- age Report Due Tomorrow. NEW -YORK, July 7 (#).—Cotton opened steady today at a decline of 2 to 7 points in response to the indiffer- ent showing of Liverpool over the holi- days and rather a bearish view of pri- vate crop advices. Offerings were light, and the market held fairly steady within a point or two of the initial figures at the end of the first half hour, with trading restricted, apparently, by a dispostion to await the Government acreage report, which is due tomorrow. ‘The private reports were issued this morning, one of them placing the de- crease in acreage at only 1 per cent and the condition 73.6 per cent of normal. Another made the decrease in acreage 2.3 per cent, and said the con- dition at the end of June was fair to good, with only few exception, and about the 10-year average. The third report placed the decrease in acreage at 29 per cent, with the acreage under cultivation 45,703,000. Early advices in- i | dicated that the weather had been dry and warm over the fl'rn'zr part of the South durlnx the holidays. LIST IS LOWER Produce Exchange Securities Move Downward in Small Volume. NEW YORK, July 7 (C.P.A)—Pro- duce Exchange securities prices were lower in security trading on the Produce Exchange today. Trading was in small volume. Majestic Household dropped 2 points to 3712: Phantom Oil at 20% was off J4; Maxweld at 10%, off la: International Rustless at 11z, off 1 Lautaro Nitrate at 4%, off Claude Neon Light at 9%, Hearst Conaoud-ud Publications new 'l r cent preferred was admitted to un- isted trading, sold twice at 26, or a 1- point premium, and was then removed from trading. The stock is to be listed, according to announcement of its spon- sors, on the New York Curb Exchange. NEW SECURITIES NEW YORK, July 7 (#).—New securi- tes oflered today include: City of Albany, N. Y., $5.490,000 4%, per cent_bonds, to ylnld 2.50 to 4 per cent, by Bankers’ Co. md dlclte Jefferson County, Te: per cent bonds, to yield 4 50 w 4.60 per cent, by Eldredge & Co. Hearst Consol !dnted Publications, 2.- 000,000 shares of 7 per cent preferred stock at $25, by National City Co. and syndicate. . Porto Rico imported nearly 190,000, ¢ | 000 pounds of American rice last year. lin Real Estate Loans Ample funds always available for loans on improved property in the District of Columbia and nearby Maryland and Virginia. Low Interest Rates WEEBROS 809 15th St. N.W. Mortgage Loan Correspondent Metropolitan Life Insurance Company YOu can't be bothered ’Y 'OU men whose investments mature in July — you don’t want to be both- ered during this vacation season with stocks that require constant watching . would like to_ you ‘know wi are... their decision return. o an unfailing return, no matter where you That is why so many investors have already chosen the 69 First Mortgage Notes sold through the Swartzell, Rheem & Hensey Company—and have made arrangements to have their capital transferred to these securities without a day’s loss in interest. They have investigated these Notes—and For more than 61 years these Notes have not wavered a penny in value — have always paid promptly and in full every interest That is because they are based solidly on one of the safest investments in the world—carefully mvesusaud improved property in the Nation’s Capital. First Mortgages now pay the highest return of any safe investment, and now is the time for your to take advantage of it. SWARTZELL, RHEEM & HENSEY CO. MORTGAGE BANKERS 727 15 STREET n.w. WASHINGTON o.c. FINANCIAL. CHICAGO STOCK MARKET By the Associated Press. CHICAGO, July 7.—Following is the cmu official list of transactions in on the Chicago Stock Exchange today: Sales. 150 Ainswort 150 Allled 50 Am 16 Aln IM Am 100 Api I M 380 Als 00 Atsoc Tel mu 50 Assoc Inv. & High. Low. Close. M1y 22y 23 @ ot 1330 Bendix Aviation 0 Borg-Warner 7 4 3 83 Gene D1 B 12 Cent Ind P‘o-l !n" .'.”v 150 Cent Pub Serv A Invest pt 0 Chic Yell 4330 Elties T Berviee 225 Com'with Edis 150 Construct Mat bf Consumers 100 Consumers ‘War 2900 Cont Chicago. 300 Cont. chic b d Corp. L et M e R I oy orin e-Her 5% ll-hudlllle-Htr o West Ut 7% pI. ines Winter Music 28 Quaker Oats bt 100 Raiiroad i uthw G & Ei 130 Stand ‘Dredsing 300 Stand Dreds pt. Stone (HO) 1013, 101% 101% China plans to spend $4,000,000 1n‘ improving its government lele!rlph, Long Term District 9486 . You lnce your funds in a secunty 1 be safe—that will pay you was based on this record First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. 24-Hour Pnrking 3 Basement of Investment Bidg. ts. Met. 7601 Money to Loan Secured by first d ared b3 Sret deee ot Joseph 1. Weller High Character Mortgages You may enjoy positive safety and an unfailing income if you choose Guaranty First Mortgages. In denominations as low as $250 REALESTATE MORTGAGE & GUARANT CORPORATION Capital Resources $3,800,000 24 JACKSON PLACE Fenner & Beane New York New Orleans Members New York Stock Exchange and other principal exchanges Washington office: 1430 K Street N.W. Tel. National 4933 Vo } 6% LOANS ON HOMES and Business Property Run for § Years Without Curtailment Wm. H. Saunders Co., Inc. Founded 1887 District 1016 1519 K Loan Correspondent for the Provident Mutual Life Insurance Company of Philadelphia Property Management Over 30 years’ suc- cessful handling of rents—economical con- sideration for owners. Personal attention to details and prompt remittances. Also facilities financing. Moore & Hill, Inc. (Since 1900) 730 17th Street for I WILL SELL (All or Any Part) $25,000 WARDMAN REALTY and CONSTRUCTION 62% DEBENTURE BONDS Due 1938 AT 721, (To Yield 12.35%) THOMAS L. HUME 1412 G Street. Nat. 1346-1347 Bring Your Real Estate Loan Problem to Us— We Can Quickly Arrange it for You 3,50r10 Year Loans On Improved Real Estate IN Nearby Montgomery County and the District of Columbia _—— Lowest Interest Rates BOSsEMELPS Founded 1907 Logn Correspondent Jonn Hencock Mutual Lite Tnsurance Co. 1417 K St. National 9300