Evening star. [volume] (Washington, D.C.) 1854-1972, April 09, 1928, Image 11

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Evening star. [volume], April 09, 1928, Page 11, Image 11
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 09 April 1928. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1928-04-09/ed-1/seq-11/>

Newspaper Page Text

i COPPERS LEADERS
ON BOND MARKET
New York Tractions Also Are
Strong Today—Rubber
Issues Sold.
BY CHARLES F. SPFARE.
Special Di*p»tch to Tbs Stir.
NEW YORK. April 9.—Bond traders
had another active session today. The
turnover in the speculative descriptions
teas as largo as it has been on any re
cent day. Price changes were rapid
* and comparatively wide. At the start
advances predominated, but all the
gains were not hold to the close. lit a
general way. bonds moved sympathetic
all v with stocks.
The feature was the buying of the
copper issues. Anaconda Copper 7s.
above 128. were up nearly 6 points on
the day and at the highest for which
, the bond was sold. The first $10,000.-
000 principal amount of these deben
tures to be presented for conversion may
be converted into Anaconda stock at a
price of 53. and the second $10,000,000
at a price of 56 This privilege is now
of immediate value and accounts for
the strength in the bonds. Andes Cop
per 7s and Anglo-Chilean Nitrate 7s
were moderately higher. There was no
Important response in investment issues,
such as Anaconda 6s or Chile ss.
Next t-o the coppers the local trac
tions were the most prominent. The
leaders were the New York Railway in
comes, up at one time 3 points, and the
Interborough obligations. Os the latter
the buying of the refunding 5s stamped
and of the 6 per cent notes was the
most urgent.
In the railway list was a fairly large
turnover in International Great North
ern adjustment, now cumulative at 6
per cent without much change in price.
Seaboard Air Line bonds were heavy
and that was the case of many of the
, other junior issues, such as Chicago
Great Wgptem 4s and Erie general 4s.
St Paul adjustment ran up at the
opening and then came down again. It
is doubtful whether the St. Paul will be
able to make as good a showing in its ;
March statement as it did in February,
although the longer range outlook is
•till bright.
Minor features were the strength in
Northern Ohio Traction <fc Light 6s
and one or two of the sugar bonds, not-
Sly Manati 7' 2 s. Cuba Cane 8s held
eir position, but did little else. Hud
son Coal 5s and Old Ben Coal 6s were
a shade higher. On the other hand,
selling came into the rubber bonds.
United States Rubber 5s and Goodyear
» 8s reflecting the passing of the divi
dend on the first preferred stock of the
former company. Market Street Rail
way 7s were active around par.
— ;
Washington Stock Exchange
Sales.
Washington Gas 6s “A"—$1,000 at
105 V
Washington Rwy. & Elec. 4s—sl,ooo at
93=4-
Barber & Ross 6' 2 s—ssoo at 96 I*. 1 *. ;
SI,OOO at 96.
Capital Traction Co.—lo at 109 3 g.
Potomac Electric 6% pfd.—s at 112 V
Potomac Electric s*-s pfd.—s at lOSV ]
15 at 108 ! 2, 25 at 108 V <
Washington Rwy. & Elec. pfd.—ls at j (
102 V
District Natl Securities pfd.—l at 102. i
Merchants’ Tran. <fc Storage pfd.—lo j
at 107, 50 at 107. ! ;
Mergenthaler Linotype—lo at 102 V 10 ! •
at 103, sat 103 VlO at 103> 2 , 10 at! *
103!. 5 at 103 V 5 at 103 V
Mergenthaler Linotype—s at 103 V 1° 1
at 103 V sat 103 V2O at 103> 2 . 10 *
103 V s*t 103 V sat 103 V sat *
103 V 10 at 103 V sat 103 3 2 , 20 at *
103 VlO at 103' 2 , 10 at 103 VlO at *
103-,, 20 at 103 V 10 at 103 V 10 at *
103 V
NatL Mtge. & Inv. pfd.—6o at 5*4, 15 f
at 5V *
Peoples Drug Stores pfd.—lo at 126.
After C’alL
Mergenthaler Linotype—lo at 103. i
Washington Gas 6s ‘’A’’—sl,ooo at ,
105-,. S3OOO at 105 V
Washington Gas 6s B—ssoo at 108*4.
Peoples Drug Stores pfd.—lo at 127.
Washington Gas 6s “A”—s3oo at 104 3 i. ,
Potomac Elec. 5Va% pfd.—2 at 108'V ,
10 at 108 V 10 at 108 V
Potomac Electric 6% pfd.—l at 112 V t
Washington Gas Light—s at 89 V 4
Washington Rwy. & Elec, pfd.—s at ,
102 V 4
Capital Traction Co.—lo at 109 V ,
Barber Ac Ross com.—2s at 25. ,
Money—Call loans, 5 and 6 per cent. *
BONDS. 4
Bid and Asked Prices.
PUBLIC UTILITY
Bit. Aiked.
Amer. Tel. 4 Tesga 4*7 ... 99% 4
Tel. 4 Trig* 4 ! ,4* 101% ..... j
Amer. Tel 4 Tel ctl. tr ft* 105 ,
4 Put K it. 6*.. 100 .....
Aba. 4 Pot. guar. Se 100 j
CAP Telephone 5* 100% !
C * P Tel. of V» ft* 103% , >
Cap Traction R R 5« 1 03 104% 1
«ftty 4 Suburban ft* 09% ..... j
Georgetown Gan let 6* lb:*.% ..... .
Potomae Klee, Jst ft# 100 % 1
P'.UiWac Klee, e**r># 5*% 1035 ..... 1
Potomac Kiee be 1953..... 10*% 199 ,
W*ea.. Alex. 4 Ml. Vernon ft* ft \
Waeh. A. 4 Mt V fta Ctf. 3 ..... J
Washington Arcade 6%*.... 100 103 .
W*»h.. Balt. 4 Annan. fte ,Aft ’
W aushiprton Ga* ft* ....... 104 % ..... t
w r,** A» eerie* A...... 105% 108% ,
Vr,»h CwOi eerie* R JO* JO9 '
Rwy 4 Elec. 4e 93% 94 <
Wash R»y. id Kioe re n. fte.. 103% <
MIM’EIXANEOCS * I
Barber 4 Roe*. Inc.. «%*., 96 97 <
CHeetmrt V»rm% Dairy 6%». 105% J
Chevy Chase Club 5%e 101% .....
f< C Paper Mfg. f*. ...... 95 97 ]
tbt 3m rt 9»>- k L'd Back fta 100 ..... 1
’•eh. M Cob? Storage fte.. 98 i
w *»b 1 tm* Title 6* 100 103
V.+rdwaa Perk Hotel ft %e>. 97 ..... 1
STOCKS. <
PCBLIC VTJLJTT <
Acer, Tel. 4 Trig* •160% j
'“afrO*! Trar.-tion 109** JlO
WeebTastoa Ou. Ah % 90
Borfsfk 4 WMb Steamboat, 300 .. .. J
fM/wnar Eier pM. 113% ..... j
Eire, ft % e put.... |OA% 169% ,
W***> H*y 4 ESec. c0m.... 460 46ft J
Wjrfh. «wr. 4 Ele- vf<i 102 101% l
KATIOKAL RANK \
Capita1,,..,...... 270 .....
C ninmbi* 4 2ft ..... J
' .".n.er J»! 300 270 j
txdtrUt 242 351
I-serai Atntrt..dtt 341 I
J. re-rey 347 Zftft J
uwele 390 i
l4etrbpi*i.t*«, .... . *4o'i 412
Hitt* ~.***s AO ft I J
F— or*d . 20ft 27 ft I j
Mt’-'/fi*’ Rank of YSnth 307 216 I j
TRCST COB PANT J
A n>r 4 ‘lt Co *445 45ft I J
continental ’Cmn ...... 132 ~ I
Mer/LwiU Ran* JftO% 354 J
hav-nr* 4 Trot t , ftlo , !
»nl tm Try*! , 12 ‘
V, #*h is.tu 47r i*t .... ft<>o ..... |J
HAVINGS RANK | J
Rank t,l foe' .. M
f otnthf’-t 4 bgtir.r* ... , 3J ft ..... J'
E*rt Truth,tutu,A 3ft .. ~, l
p.iottk. 310 340
Aerirnty 4,» A Coin ....... 44H 476
G'rß'b Street 300 .... i
Vp I*} SUUte ... fc’.O ..... J
NMfoierb/M Me-har.u* ... 50 .....
HHK RAN'.!
Co# < oran JHO * ..,.
Pi j «tq*etr * 27 .....
K*i lb#'*! I - ij.oo ........ 23 .....
'J ITI.K INS# RANGE
r«Ns»bJ» >4 i*
. Real Relate T)G*,, - ■ • *oft 216 i
'/ ,<rf 4 l«.» < of M'< ■Ob* *ft . .
Vv**l» Co#.* 0 itie of'J. ... ftb 62
MIS/ EU.A A EGG h
I, ,<*>*;( 4 K‘.r> lU' '.otti . , 7ft 10
' I rail > I'f'i . jllO
(~j hao J * Glare! pl'l. . JOO% 10l
< .m.lne.rl*/ hall #9, |,M . 106 .....
G Pam.i ¥lji(. I'M ■ ■ » I
bjiillrar.-v:. , V
Voaton Monotype •• }Oh% 110
Mctcfißhll 'I fMI At Hvi if#* 1 J
*rntbale, i.O <A.V»*JO3 103%
Naif ilia. 4 spy bbi| , 6 <l ‘ ~,5*
i Le/.lj lil w MlildiT i >*f # ?!>
Ran.tlrV G.ire.y Go |.M I'"’% ••• ■
Aw He# 4 W bl* 'oi Ir . 60 •ti ■ •
V »efe Co«ve*tSo#> Mali vft} <6
tr!;* Men More • ll H
Mwb M' R }# Gone % 140
4 vp pla... *lO •»..<
*£« dltl'MKad.
FIN A N Cl AI2.
ON NEW YORK BONDS STOCK EXCHANGE] |
Received by Privste Wire Direct to The SUr Office
Quotations to 2:35 p.m.—Finol Quotations In 5:80 Edition.
UNITED STATES.
<S*le* are in $1,000.1
salea. Hleh. la*w, 2 55.
Lib 5%5... 35 1019 1017 1017
Lib Ist 4% s 19 102 17 102 16 102 16
LibSU4%s 81 100 14 100 12 100 14
Lib 4th 4%s 36 103 14 108 11 103 14
US S%s 4S-' 6 102 26 102 23 102 26
US!\s... 103 107 22 107 21 107 22
US4%s 52. 12 116 20 115 18 115 20
FOREIGN.
9,•»!?• Hl*rh. l.ow. 2 ftft.
Argentine 5s 1 92% 92% 92%
Argentine 6s .lu 69. 32 100% 100% 100%
Argentine 6s Octs9 8 100% 100% 100%
Argentine 6s A.... 14 100% 100% 100%
Australia 5s 1965.. 26 98% 98% 98%
Australia 5s 1957.. 69 98 97% 9S *
Austria 7s 13 104 103% 103%
Bank of Chile 6 %s. 21 99% 99 99
Belgium sis 32 101% 100% 100%
Belgium 6%s 12 108 107% 107%
Belgium 7s 1955... 18 108 s * 108% 108%
Belgium 7s 1966... 28 107 106% 106%
Belgium 7%s 11 115% 115% 115%
Belgium Ss 17 111% 111 111%
Bolivia Ss 104 107% 106% 106%
Bordeaux 6s 7 101% 101 101%
Brazil 6%s 1926... 5? 99% 98% 98%
Brazil 6%s 1927... 66 98% 98% 98%
Brasil 7s 19 102 101% 101%
Brasil Ss 12 113 112% 112%
Bremen State 75... 3 102% 102% 102%
Buenos Aires 7s 57. 16 100% 100% 100%
Buenos Aires 7s 58 2 100% 100% 100%
Canada 5s 1931.... 4 101% 101% 101%
Canada 6s 1962.... 8 107% 107% 107%
Canada 6%s 1929.. 2 101% 101% 101%
| Chile 7s 1943 19 102% 102% 102%
Chile 8s 1941 5 110% 110% 110%
Chinese Gov By sa. 3 29% 28% 28%
Con Bow Japan 7s. 19 101 100% 101
Copenhagen 5s ct.„ 39 100% 100 100%
Copenhagen 8 101% 101% 101%
Cuba 5% s ]2 103% 103 103
Czeeho 8s 1961.... 14 111% 111% 111%
Czecho 8s 62 10 112 111% 112
Danish Munlc 8s B. 9 110% 110% 110%
Denmark 6s 17 105% 105% 105%
Dutch East I6s 47. 9 103% 103% 103%
Dutch East I6s 62. 9 103% 103% 103%
K1 Salvador 8s 48. . 2 113% 113% 1131,
Finland sf 6s 45... 38 99% 99% 99%
Finland 7s 7 101% 101% 101%
Framenean 7%5... 4 108% 108 108
French 7s 15 108% 108% 108%
French 7%s 69 119 118% 118%
German 7s 64 107% 107% 107%
Ger Gen Eleo 75... 9 104% 104% 104%
Greek 7s 4 99% 99 991,
Italy 7s 94 99a* 99% 99%
Italy Pub 75..... w 7 98% 98% 98%
Japanese 48 29 94% 94% 94%
Japanese 6%s 19 105 104% 104%
L.von 6 s 13 101% 101% 101%
Marseille 6s 24 101% 101 101
Mexico 4s 04 asntd. 23 27 26% 26%
Mexico 4s 10 asntd .153 27 26% 26%
Mexico 5s asntd... I 39% 39% 39%
Milan 6%s 70 94% 94% 94%
Montevideo 7s 4 104% 104 104
Netherlands 6s 54. 18 102% 102% 102%
New So Wales 575. 30 96% 95% 95%
New So Wales 58s. 36 96% 95% 95%
Nord 6%s 4 102% 102% 102%
Norway 6%s 17 102 101% 101%
Norway 6s 1943... 11 102% 102% 102%
Norway 6s 1944... 7 102% 102% 102%
Norway 6s 1952... 3 102% 102% 102%
Orient Dev deb 6s. 16 104% 104% 104%
Paris-Ly-Med 65.. 28 100% 99% 100%
Parls-Ly-Med 75.. 26 104% 104 104%
Paris-Orleans 75.. 40 105% 103% 103%
Peru 6s 67 w i 128 94 93% 93%
p «fu"a 9 104% 104% 104%
Peru 7 8 107% 107% 107%
Peru 7%s 1956.... 7 107% 107% 107%
Poland 6s 40 9 85 84% 84%
Poland 7s (rets)... 76 91% 91% 91%
Poland 8s ’2B 101% 101 101
Porto Alegre 85... l 108 108 108
Prague 7%s 2 107% 107 107
Queensland 6s l 107% 107% 107%
Queensland 7s l 115% 115% 116%
Rhinelbe Un 75.... 1 110% 110% 110%
ItiO de Jan 8s 1946. 9 110 1U9% 110
Rome6%s 24 95% 95% 95%
Sao Paulo Ss 1936.. 1 106% 106% 106%
Sao Paulo 1950 23 108% 108 108
Saxon (PW) 75.... 34 102% 102% 104%
Seine 7s 42 11 106% 106 106%
Serbs Crot Slo Bs.. 20 101% 101 101%
Soissons6s 3 10! 100% 100%
Sweden 5%s 4 104% 104% 104%
Sweden 6s 5 103% 103% 103%
Swiss 5%s 1946... 14 104% 103% 103%
Swiss Confed 85... 16 112’* 112% 112%
Toho El Pow 75.... 2 100% 100% 100%
Tokioas 1 53% $3%
Tokio 5%s 1961... 53 95 94% 94%
Utd Kingm 6%s 29. 4 118% 118% 118%
Utd Kingm 5%a 37 8 106% 106% 106%
Ltd Steam Co pen 61 2 99% 99% 99%
Uruguay 8s 2 108% luß% 108 V,
Yokohama 6s w 1.. 11 99% 99% 99%
MISCELLANEOUS.
Ajax Rubber 85... 19 109% 108% 109%
Am Agn Chetn 7%* 16 105% 105% 105%
Am Colton 011 55.. 5 101% 101 101
Am Smlt & H Ist 6s 19 102% 102 102
Am Smelt & K 65.. 6 108% 108*% 108%
Am Sugar Ref is.. 8 105% 105 105
Am T&Tcl tr 45.. 68 99% 99% 99%
Am T&Tcl tr 6s. . 6 105% 106% 105%
AmTATsf 55.... 26 108% 108% 108%
Am Tei & Tel 5%5. 25 110 109% 109%
Am Water Wks 6s. 4 101 100% lot
Am Writ Paper Cs. 7 90% 90 90%
Anaconda Ist 65... 72 105% 105% 106%
Anaconda evdb 7s. 1312 131% 125 131%
Andes Copper 75.. 235 136 134% 135%
Armour&Co 4%58» 18 91% 91% 91%
Armour Del 5%5.. 20 91% 90** 91
Atlantic Resin 55.. 1 102% 102% 102%
6s 1940.. 25 101% 101% 101%
Bell Tel Pa 5s 8... 6 109% 109 109%
Bell Tei Pa 5c C... 3 112% 113% 112%
BeihlehemSti pmSs 3 101% 101% 101%
Beth Steel 6%a 63. 10 104% 140 104
Beth Steel 6s 20 105% 106 105
Bklyn Edison 55... 43 105% 106% 105%
Bush Term Bldg 5s 1 104% 104% 104%
Chile Copper 65..., 49 97% 97% 97%
Cot GasAKI deb 6s. 31 101% 101% 101%
Con Coal Md Ist 6s. « 79% 79% 7»%
Con Gas N Y 6%5.. 6 106% 106% 106%
Consumers Pow 6s. 6 106% 104% 104%
Cuba Cane 8s 27 90% 89% 90%
Cuban Am Hug Bs.. 2 107 107 107
Detroit lvdison 65.. 4 108% 108% 108%
Lodge 6*. 66 89% 88% 89
Dormer Steel 75.... 1 97V* 97% 97%
East Cuba Hug 7%s 3 103% 103% 103%
Fisk Rubber *5.... 20 118'/* 118 jih
Gen Mot ao Cor 6s. 29 104 103% 103%
Goodrich «%s 1 107% 107% 107%
Goodyear 6s rets. ~28 93% 93% 93%
Hot 4k Co6%S 11 96% 96% 96%
Humble Oil 6s 21 101% lul% loiv*
Hvmtoie O4k K 6%s 16 102% 102% 102%
Illinois Util Ist 6s. 2 106% 106% 106%
Illinois Steel 4 %».. 3 99% 99% 99%
Indiana Steel 65... 1 106% 106% 105%
lot Mer Marine 65., 6 106% 106 105
lot Paper 6« 47.... 1 102% 102% 102%
Inter paper fd 65.. 11 104% 104% 104%
lot Tel&Teifeg 4%s 63 97% 97*. 97%
J Kayeer &Co 6%e 31 119% 118% 119%
Kan City P4k L 65.. 4 JO6 106 loft
Kan GAEI 6s 62. 1 106 105% 106
Laclede G 6%* 62.. 1 106% 106% 106%
Dgg A Myers 66... 6 104% 10IV* 104%
Liggett t& Myers 7s 7 124% 124% 124%
Lorliiafd 65.. 3 96 96 9a
Lor lilwid (P; 75,.. 6 117% 117% 117%
Louiav G A E6s 52 19 106% 106% 106%
Mana'l Sug sf 7%s 3 108% 107% 107%
Mid Con ft %* 40..., 2 106% 105% 106%
Midvale Steel 6s. .. 7 102 101% 101%
Moot Power 6s 43.. J 104% 104% 104%
Horn Power deb 6s 25 103% 103 103
MoPfc&Co Ist 4 %s. Lit 88% «8% 88%
Nat Tub let 6s. ~. 1 104% 104% 104V*
LewErtgiend Tel 6s 3 UO% 110% 110%
N Y Edison 6s 44.. 17 106% 106% 106%
N Y Ldlson ft %5... 6 118% 118% 118%
NYGELIf AP 4s 2 98% 98% 98%
N f 615611 4P 6s 2 111% 111% Ul%
W Y'Jei4%s. 2 103% 103 103%
N Y Tel 6a 41..... 12 fOS w 108% 108%
N y ‘I V 6a 49 . ..,., 64 116% IJO% 110%
North Am Edls 6s. 20 103% Joz>» 102%
Nor Ohio Tr 4k L«« 31 107% 106% 10?%
Nor foist** Pow 6s, 4 103** 103% 103%
Nor foU teel'owft*.. 6 105% 10 ,% 106%
Pacino Gan AEI 5a 24 104% 103 « 104%
PahT42TJat 6*.., 1 106 106 105
Parainont 6s 1947., 38 100% 100 JOO%
Path# Exchange 7* 6 Pit 03 63
People's'Jas 65.... I 107 10/ 107
Phlia 'Jo 6* 67 w 1.. 38 101 100 H 101
Phils Corf 6s A. .. 10 103% 103% 103%
PhlleAKeadCAl 6s. 12 98 96 96
Pierce Arrow ts.., 12 92 90% 90%
Por Jti« Am 'l ob 6s 29 102 101% 101%
Sinclair Oil 15,.,,. ]9 99% 99% 99%
Sinclair Oil 6%5.26 102% 102 102%
Sinclair Oil 75,..., 16 104% J 03% 103%
Sinclair Cr ode ft %s 63 99% 99 99
Sin Pipe Lins is. .* 6 97% 97% 97%
fokelly 0i1&%•.... !« 95% 95% 96%
Southwsst Bsll 6s. 9 106% 106% 106%
Stand Oil NJte 46 8 103% 108% 103%
THE EVEXIXO STAR. AYASHTNGTOX, D. C„ MONDAY, APRIL 9, 1028.
Sales. High. Low. 2:55.
Bug East Orient 7s. 1 100% 100% 100%
TennElecPow 6s 47 2'107% 107% 107%
United Drug 5s 53. 76 100 99** 99%
UnltedDrug 65.... 9 107% 107% 107%
U S Rub Ist rs 6a.. 68 93% 92% 92%
U S Hub 7%s 8 103% 102% 102%
U S Steel sf 55.... 21 109 108% 109
Utah Pow ALt ss. 59 103% 103 103%
Vertisntes Sug 7a. 3 100% 100% 100%
Warner Sug 7s 39.. 6 90 89 90
West Klee 6s 5 104% 104% 104%
\ Westinghouse 65.. 13 104% 104% 104%
Willys-Ov 6%s 33. 10 102% 102 102
Wilson ACo Ist 6s. 17 104% 104 104%
WlnßepeatAr 7%5. 3 106% 106% 106%
Yngstn S&T 6s wi. 67 101 100% 101
RAILROAD.
' Ann Arbor 4s 5 83% R 3% 83%
Atchison ad) 45.... 7 93% 92% 92%
' At&SF evt 4S 06-55 2 93 93 93
Atchison gen 45... 13 97% 97% 97%
Atlantic C L Ist 4s. 3 97% 97% 97V,
Allan CL4%s 64.. 1 101% 101% 101%
1 Atl & Dan Ist 4s 43 6 82% 82% 82%
Atl & Dnn 2d 4s 48. 1 74 74 7»
BAO Gold 4s 14 96% 96 96
B&Ocv 4%S 32 100% 100% 100%
, B& O ref 5s 12 103% 103% 103%
B&O Ist 65ct.... 2 108 108 108
B& O 5s 2000 D... 21 104% 103% 104%
, B&O rs Imp 6s 19 111% 111 111%
B&O Toledo 45.... 1 89 89 89
B&OPLEWY4S.. 1 95% 95% 95%
Bang & Aroos 4s 61 8 93 92% 92%
Brdwy & 7th Av 5s 6 78 77% 7S
Brooklyn Elec 6%s 15 97% 97% 97%
BklvnKlevated 6%s 11 96% 96% 96%
I Bklvn Manhat 65.. 147 100 99% 99%
Buff R & Pitt 4%5. 15 93% 93% 93%
Can Nat 44* 30.... 3 100% 100% 100%
Can Nat 4%s 54... 5 100% 100% 100%
Can Nat 4%s 57... 38 101 100% 100%
Can Nor 4%s 1935. 2 100% 100% 100%
Canad North 6%5.. 4 122% 122% 122%
Canad North 75.... 1 116 116 116
Canad Pac deb 45.. 23 91 90% 90%
Can Pac 4% s 46... 14 100% 100 100
Central Pacific 45.. 10 95% 95% 95%
Cent Pac Ist 5s 90. 11 105 104% 104%
Chesa Corp 5s w t. .160 100 99% 100
Ches & Ocv 4 %5... 13 100% 100% 100%
Chi B&Q gen 4s 53. 4 9«% 96% 96 %
C11&Q 4%s 77 8.. 1 102 102 102
Chi B&Q Ist rs ss. 3 108% 108% 108%
Chi&E 111 gn 5s 51. 11 87% 87% 87‘*
Cht Gt West 4s 59.. 28 70 69% 70
CM&St Pgn 89.. 2 92% 92% 92%
CM&StPSs tnew). 278 97% 97% 97%
CM&StPadJ (new) 268 72% 71% 71%
CM&St P6s 14 103% 103 102%
Chi &MVgn 3 %s. 4 83% 83% 83%
Chi NW 4%s 2037.. 3 103 103 103
Chi & NW 7s I 105% 104% 104%
Chi Rys 5s 24 85% 85 86
Chi R1& Pgn 45.. 1 93 93 93
Chi R1& Prs 4s. .. 40 96 95% 95%
CRlPac4%swl. 33 96% 96 96
Cht TH Inc 6s 60.. 5 99% 98% 98%
Cht Un Sta 4%5.... 21 102% 102% H>2%
Chi Union Sta 6s 44 2 104% 104% 104%
Chi Union Sta 6%s 2 117% 117% 117%
Chi & W Ind cn 45.. 11 93 92% 93
C&W I 5%s 62.... 2 105% 105% 105%
CCC & St L 4 %5... 3 100% 100% 100%
CCC & St L 5s D... 1 104% 104% 101%
CCC &StLrf 6s A. 2 101'* 101% 101%
Clev Term 5%5.... 3 109% 109% 109%
C& S Ist 4s 29 6 99% 99% 99%
Colo & Sou 4 %S. ... 4 99 98% 98V*
Cuba RR 5s 14 99% 99% 99%
Cuba RR 7 % 5.... 13 110 109% 110
Cuba Nor 5%s cts. 12 97% 97% 97%
Del & Hud Ist rs 4s 3 96 96 96
Del&llud 5%5.... 2 105% 105% 105%
Del & Hud 7s 30... 1 105% 105% 105%
Den & Rio Gcn 4s. 4 93% 93% 9.1%
D Rio G West 65... 8 95 95 95
Det United 4%5... 8 96 96 96
Erie Ist cons 45... 2 »9% 89% 89%
Erie Gen 4s 6 65% 84% 85%
Erie conv 4s 8.... 6 87% 87% 87%
Erie conv 4s D 1 87 87 87
Erie evt 5s 67 w i.. 58 98% 98 98
Fls East C6s 74... 60 91% 89% 91%
Gr Trunk stdb 6a.. 7 109% 109% 109%
Grand Trunk 75... 5 117 116% 116%
Gt Nor 4%s 76 D.. 13 100% 100% 100%
Grt Northn 4%s E. 10 100% 100% 100%
Great North 5 V»s.. 2 111% 111% 111%
Great Nor gen 7a.. 33 115% 115% 115%
Hud & .Man ref 65.. 31 102% 102% 102%
Hud & Man a j 55... 53 93% 93% 93%
111 Cent 48 52 1 95 95 95
111 Cent 4s 53 2 92% 92% 92%
111 Cent 4%s 66.... 11 102% 102% 102%
111 Cent Chi 4 %s.. 5 100 93% 100
llt-C-C SIL&NO 5s 16 107 H»7 107
lnt Rapid Tran ss. 143 .63 82 82
lnißapTr 5a stpd. .357 >3 81% 82
lnt Rapid Tran 6s. 122 82 80% 80%
InilUp Trans 75.. 62 100 99% 99%
lnt &G Nor Ist 6s. 1 107 107 107
lnt & Nor ad 6*.... 65 92% 92 92%
lnt Rys CA 5s 72.. 8 84% 84% 84%
lnt Ry CAm 6s 41. 15 96% 96 96V*
lnt Ry C A6%srct 4 96V* »6 96V*
lowa Cent rs 45.... 12 15% 15 15%
Kan City Ft S 45... 6 96 96 96
Kansas City S 35.. 2 79% 79 79%
Kansas City S 65.. 1 102% 102% 102%
Kan City Term 45.. 30 94% 94% 94%
Lake Shore 4s 28.. 6 99% 99% 99%
Lake Shore 4s 31.. 6 99% 99% 99%
Lehigh Val cn 45.. 22 91% 90% 91
Long Is rs 4s 49... 1 93% 93% 93%
Louis & Nash 6s B. 3 109 109 109
Louis & Nash 5%5. 5 109% 109% 109%
Louis & Nash 7a.6 104 103% 103%
Man Ry Ist 90 13 73% 72% 73
Man Ry 2d 4s 2013. 9 6:1% 65% 65%
Market St 7* 40.... 61 100 99% 100
Mich Cen deb 4s 29. 6 100 99% 99%
Mil El Ry &L6s 61 1 103% 103% 103%
MSt P&S3M cn 4s. 4 91 90% 90%
51 StP&SSM cn 6s. 3 99 99 99
MBtP*S3Mss3lgtd 7 100 99% 9J%
M KtP & SSM G%s. 28 101% 101% 101%
M K&T Ist 45.... I 9IV* 91% 91%
MK&T 4» U 1 90% 90% 90%
MK&Tad]sa 187 106% 1u6% 106%
MK&Tgrln 5s A. 5 103% 103% 103%
Mo Pacific gen 45.. 45 81% 81% 81%
Mo Pac 6» A 65.... 2 103 103 103
Mo Pac 5s F 77.... 45 lOIH 101% 101V*
Mont Trm ref 5s 41 1 101% 101V* 101%
Nassau El 4551.... 17 61 61 61
NO Tex AM it IS.. 1 100% 100% loot*
N O T & 51 6 %». ... 6 105% 105% 105%
N Y Cen gen 3%a.. 1 85% 85% 85%
N Y Cent 48 96.... 11 96 V* 96% 96%
N Y Cent deb 45... 13 98% 98% 98%
NYCrf lm 4%5... 12 103 103 103
N Y Cent r 1 65.... Hilo 109% 109%
N Y Cent deb 65... 3 108 107% 107%
NYC &St Jsdb4a.. 5 99% 99% 99%
NYChIABtL 6% A. . 9 107% 1t)7% 107%
NYChI&StL 6%«U. 10 107% 107% 107%
N YC&Stl.is A. 2 103% 103 103
New Haven 3%» 64 1 79 79 79
New Haven 2%• 66 1 79 79 79
New Haven 4« 65.. 2 87% 87% 87%
NY N11&1I db 4a 67 1 81% 81% 81%
NYNH &H 4 %«. 12 93% 92% 93%
NY N’H&ll cv db 6s 3 llftv* 115% 115%
NY NH&H elt 65.. 12 106% 105% 105%
IN YOnt W Intis.. 12 81% 81 81%
N Y Rys *is 65..... 177 27% 23 26%
N Y ltyn 6m A65 ... 8 90 89% 90
N Y Stale Ry 4%a. 40 62% 61% 62%
N YW & B 414 a. .. 2 90% 90% 90%
Nor & H g«n 6a 64.. 1 9«% 96 96%
Norfolk &W cn 4s. 6 97% 97% 97 %
Nor Pao 3s 2047,.. 7 70% 70% 70%
Northern Pacific 4s 3 96% 95% 95%
Nor Pao 4%n 2047, 2 103% 101 103%
Northern Pac r 16« 8 116 116% 116
Ore Snort L rfs 4s, 13 100 99% 99%
Pennsyl con 4 %*.. ) 104% 104% 104%
Penney! gen 4%n.. 9 103% 103 103%
Pennsyl 6s 64,.... 14 105% 104% 105'%
Pennsyl 6»%a 6 112% 112% 112%
Permayl gold 7s ... II 105 104% 104 *
Peoria & E Inc 45.. 1 42% 42% 42%
Peie Msr'i Ist fts.. 8 105 104% lop*
PCC&KtL 6s B 71.. I 112 112 112
Port RL 1* fls 47... 7 104% 104% 104%
Reading gen 4 %s.. w 108V* 103% 103%
Rio O West el 45., 3 89% 89% 89%
It 1 Ark & L 4%n., 1 98% 96% 98%
Ht L IMAM 4« 29, .. 2 99% 99% 99%
Mil l M*H gn fts 31 i ioi% 101% loi%
Mt LIMAS HAG 4s 2 90V„ U 6% 961*
Ml LAM If pi 4s A. 24 9i% 91% 91%
Mt L&MF or in fts. « 103% 103% )03%
Mt j, AM F 6V*S D., 6 |02% 102% 102%
Ml I, A M Fad) Us. . 39 101% 101% )o|%
Mt UA M V ino 65.. at ioi% ioi'% joiv.
Mt LAHF or in 6s. I 100% loQV* 100%
St LM W con 4s 12. 6 97% 97% 97%
Mt LM W Ist 45.,., 7 91 90V* 90V*
Mt P A ICCMIiL 4%* 8 97 96V, 9 /
Hsrt AAAm P 4s. . 3 9tv* 94V* 94%
foes bos id AL 4s sta 2 Ml% 81% 81%
Mesb A L raf 4,..,, SI 67 66 66
Mewl/A Lad J 5.,, 271 68% 68 68
M«sb A Loon 6*.,, 69 89 88% 88%
MB All Fls 6s lb A. 23 86% 86% 86%
HU All Fls 6s 36 H. I 86 86 86
Sou Pad 4s 29..... 2 100 99% 99%
Moo J/SO ell 4s .~. 8 91% 93V* 93V*
Hou Pacific rsf 45., 4 97 97 97
Moo Pan 4%s rets.. 32 100% 100% 100%
Sou Hy K*nitt 21 92% 02 92%
RETURN ON STOCKS
IS AT LOW FIGURE
Yield on Industrial Common
Shares Down to 2.8 Pet.,
Fisher’s Index Shows.
Prices staggered upward again last
week on the New York Stock Ex
change; but the quotations, like the
stock brokers, showed signs of weari
ness.
The motors group declined in price
level. General Motors being off some $6
a share and Hudson $4. Steels and
railroad equipments weakened slightly
on a turnover only about half as large
as the week before. There were drops
of about $2 a share each in American
Locomotive, Colorado Fuel & Iron,
Pressed Steel Car and United States
Steel. Radio was the star performer
with its jumps of $32 a share in the
last five and a half trading days. It
was a factor in the advance of the mis
cellaneous group, which was also helped
along by General Electric, up $9; Sim
mons. up $8; American Radiator, up $7,
and Continental Can and Otis Elevator,
up $6 each.
The otls group and the coppers and
miscellaneous metals group did better
than usual last week. These two groups
have heretofore shown less strength
than other common industrial groups
during the recent bull movement. Mar
land Oil was up $4 a share, Houston $7,
Atlantic Refining $5 and Pan-American
$3. Granby Mining and Anaconda led
the coppers-metals group with a gain of
$6 each.
Index Goes Up.
During March the index of stocks
traded went up about 11 per cent to
295.4, showing that any trader who
went in and out of the market leaders
each week would have averaged to make
11 per cent profit without taking into
account any additional profit from mar
ginal operation, and without deduction
for commissions or interest on borrowed
money.
The investor who merely held an
average assortment of stocks secured an
appreciation of about 5' 2 per cent in
his holdings during March, as shown by
the advance of the March average of
stocks held to 139 5.
The rate of return on common indus
trials last week touched a new low, at
least for recent years, 2.8 per cent, ac
cording to Irving Fisher's index.
Survey of Movements.
A compact survey of Stock Exchange
movements is given below by indexes
and per cent of return:
Wei'k ending—
Stock. Storks Hate Os
Trudrd Held fir turn
Apr. 0 322.0 145.7 118%
M»r. 30 ,322 H ) 14.7 3.o'*
Mar. 23 .10 ( 4 140 5 32%
Mar. 1« CHS •! 138,1 3.0%
Mar. !» . •’*)».4 184.5 3 6<»
Mar. 2 255.a 181.4 B.stt
Year ago 148.4 111.1 4.2'*
Keb. average..,. 208 0 142.3 3it
.tan. average 200 o 1317 B,H'i
1027 average.... 175 4 1 1!* 0 4.3'ii
1026 average. . . . 100.0 11*0.0 5 o'*
High l 20.‘27.'28 * 327 *5 14 17 *1 .Vi
i Mat 28) fMar.’7B) (Jtil '7O)
How C2fl'C7.'2Bi 75 0 8H 2 30%
(Apr. 20) iApr. 20* (Mar.'2B)
Market activity dropped last week
more than 20 per cent below the record
of two weeks ago. The total value of
tradings in common industrials last
week was less than $1,500,000,000, an
average of $259,200,000 per day.
The average daily volume of trad
ing for the preceding week was $315,-
600.000 and for the corresponding week
a year ago was $114,200,000.
WHEAT HAS UPTURN
ON WEATHER NEWS
Cold in Winter Belt Has Bullish
Effect on Prices of Grain
at Chicago.
By the Associated Presa.
CHICAGO. April 9.—lnfluenced by
unseasonable cold throughout the Win
ter wheat belt, wheat values made a
brisk early upturn today. Fears were
expressed that damage had been done
to new wheat In the more advanced
sections. Opening \ to % higher, the
wheat market later scored additional
gains. Com. oats and provisions were
likewise firmer, with corn starting *,*
to l /2 rise, and continuing to point
upward.
Supplementing the bullish effect of
apprehension about unduly low tem
peratures in Winter wheat territory, re
ports were at hand today telling of in
creased abandonment of wheat acreage
east of the Mississippi. A Chicago crop
authority advised that from here to
Champaign. Danville and Paris, 111 .
fully two-thirds of the Winter wheat
crop will be abandoned, and that the |
remainder is more or less thin and
patchy.
Much of the farther distant wheat
territory west and southwest of the
Mississippi that needed moisture was
reported today as having been missed
by recent rains. It was also contended
tiiat the season is becoming late for
any marked increase of Spring wheat
seeding Meanwhile world shipments
for the week were shown to be smaller
than for either the week previous or a
year ago, and European crop pros
pects were unsatisfactory, German
wheat, and rye in particular.
WHEAT— Hi>h. !.'*«•
May I ll \ I 43 143’.
July I 48', t )7’» J47J4
Srptcrolier •••• 1,4 I*4 1.404* 1 40%
I'OUN— ,
Mnv 00*4 !»H'4 .1)8’4
July I 02 1 ul 1 O' *i
Bept«n}iw*r .... 1 .(*2 *4 1.01*4 1.02 V*
OATH--
May ft 7% .50% .57«,
July fold* .... 51 .50\ .51
July (new*,.,. .51 >4 .51 .51 S
September (new) 10*4 .40'* .ln%
Hyjr
588 ::::::::: ip 1:112 |?IS
!■» titemlier .... lid j<»o % ion**
WILL ELECT FIVE TO BOARD.
NEW YORK, April 9 HP) - Election
of five directors of the Atchison. To
peka & Santa Fe Railroad will tie neces
sitated at the meeting of stockholders in
Topeka on April 26 through the death
of Howell Jones, member of the board.
galas HlikiLoWiSiM.
Houlty Con 18 116 U Uf.W USH
Term Ammo H L 4n. . I 93'4 il'l'4 93 Vt
Tax Ark FH 6Vi 60.. 0 107 M» 107 107
Tex A Pao be 77 its 20 104 104 101
Third Avaraf 4a 60 23 70*4 70 70
Third Ava Ist 6*... 3 Oil's »!>’« 90’k
Third Ava adj 6a.. 142 64 63*4 *>3t»
Union Pao Ist 4a.. 4 97*4 U7H 974%
Union Pan lati f4a 5 06*4 96*» 06«,
Un Pro 4 *4a 97 2UH RiOH 1004*
IJnionPaolat raf Ba 10 113 113 118
Union Psocvfla... 3 10014 10014 10014
Virginia Jty Ist 6*. 0 lOSti lOHV4 108*4
Va itv A. P6a II 101 '*4 10H4 101 Vg
Wabash Ist £a,... II 10514 105',* 105 V,
VViiliash 5s 76 1i... a 103 lo.'l io:i
Wabash 6V 4« 76... I 107 U>7 l(>7
Wasiern Md 6V4«.. 2 101** 10114 MM a*
Western Pacttlo ss. It 100 S Kim* l (HU*
Waat Klimt* 4a ilflfll 30 03 !*3 H I
Wla Can an 4s 40.. 4 88 HK*4 H»44
MOHTOAUE 1,0486 ASV AMOUNT
Hurtired by real e»t«i« In I), t!,, nearby
Mil and Va.
Pievslllinr Inlereat and ('nminUalnti
NENNKTII H, IJVINOaTONM
Add Ainrrliaii Itlda . 1317 K 81. N.W.
y.iin (00 him! AO PI
Mortgagee Invastmanta
James Y. Pennebaker
Member Waalilngton Heal Kilat*
Hoard
Main 832 S 1820 K St. N.W.
Company Earnings
, NEW YORK. April 8 t/P»—Eatnlnx* per
share of leading- corporations reporting dur
ing the week were:
1927. 1926.
American Linseed Co $4.69 $ ...
1 Amer. Mach. A Found. Co. 7.67 4.73
Rangor A Aroostook RR . . 8.41* 8.69
Eastman Kodak Go 9.61 • 9.50
Erie Railroad (13* 6.73
Eidolii.v Phenix Eire In, Go. 18.11 9.01
I liiHpiration Consol. Cop. Co. 62 1 11
Kansas City Southern Ry.. . 3.63 4.81
Lambert Co 6 18 2.38
Lehigh Valley Coal Co 1.81 2 92
Lone Star Has Corp 2,48 3.38
Magma t opper Co 3.03 2 96
National Elec. Pow Co. “A” 646 0.77
National Surety Co 13.04* 25 On
Owens Hnltle Co. 5.03* 6.00
Sloss-Shedield Steel Co 6.82 16 38
Vacuum Oil Co 10.17* 066
White Motor Co -2.73
•Increased capitalization.
Money and Prices
A recession occurred last week In the
general price level, more pronounced
i than the decline of the week before.
This Is the second consecutive week In
which the price level lias sagged after
an almost uninterrupted advance since
’ last mid-Summer.
Commodity prices now stand at cx
■ actly the average level for March and
; about 1 per cent higher than the Feb
ruary average.
The purchasing power of the dollar
1 is now about 2' 2 cents more than its
average purchasing power during the
base year, 1926. having risen during the
last two weeks with the decline of the
price level.
' Fluctuations in the general whole
sale price level and In the purchasing
; power of the dollar are given below for
various periods. The average for the
year 1926 is the base used.
Turchaulng
power: < ta.
Wholesale Departure
„ . price index, from 1926
Week ending
April 6 97.6 +2.4
March 30 98 1 +3.0
March 23 98 2 +1 8
M arch 16 i#7.3 4-2.8
March 9 on 8 4-3.3
March 2 06.9 4-3.2
Year ago 93.0 +7.5
Eehrtiary average 96.7 +3.1
January average 95.5 4 4.7
1927 average 91.3 4-6.3
1926 average lon.O 0.0
1925 average 165 2 —4.9
1924 average 08.0 +l.l
192.3 average 101.1 —l.l
Cable advices from London report
that the index of wholesale commodity
prices in England as computed by
Crump again rose, reaching 94.9 last
week, as compared with 94.4 a week
ago and 95.1 a year ago.
Italian prices moved up slightly to
75.3, as compared with 75.1 the week
preceding and 88.1 a year ago.
fConrrlffht 1028.)
•
FOREIGN EXCHANGE.
(Quotation* furnished by W. B. Hlbhs A Co.I
Nominal gold Selling checks
value <or part. today.
London. Pound ..... .$4,8666 $4.87 %
Montreal, dollar.. .. ion
Pans, franc 19.3 .039.3%
Brussel*, brigs .139 .1395
Rerlin, mark 2382 .2391
Rome lira .19,3 .6528%
Zurich, franc 10.3 .1929
Athens, drachma. .. . .19.3 .0133
Madrid peseta 193 1692
Vien.ta, schilling 14069 .1107
Budapest pengo 1749 .1746
Prague, crown. .0296 %
Warsaw gloty 19.3 .1130
"onenhagen crown... .268 .1268
OrJo. crown 268 .3672
Stockholm, crown 2#lß 2684
| r "....
i Funds to Lend !|
BBBgj
Large and Small r /
Amounts on 1/
Residences / / S
Business Property ■ '
Apartment Houses
For 3 or 5 Years
Without Curtailment ail (I
Wm. 11. Saunders Co., Inc.
Loan Correspondent
Provident Mutual Life Insurance Co.
| 1433 K Street Main 1016
‘ ' ■•'V'"'.. ’3 " sJI i
G. M.-P. Murphy &. Co.
j
Members 1
: '
New York Stock Exchange
Washington Stock Exchange
Richmond Stock Exchange i
Chicago Stock Exchange
New York Curh Market
S ;<
Private Wire and Telephone to New York tj
:<
1508 H Street Connecticut at K
Washington, D. C.
Main 9600
I
Summing Up
/ 7^ 1 "- UK sum total of human ex
( c\ perience in investment mat-
VJlv' ) ters is that speculative in-
' vestments inevitably take
their toll of losses and that
only such securities as First Mortgage
Notes, bought through a House of un
impeachable standing, can lay claim to
absolute soundness.
Ia 1869 Swart sell, Rheem & llensey Com
pany established an important Safety
Measure—put into force a policy of sell
ing only SOUND FIRST MORTGAGE
NOTES on improved Washington prop
erties. Today, 59 years later, the same
sound policy is still faithfully followed.
As a result, your money invested through
Swartaell, Rheem & llensey Company is
safe—and yieMs f>%.
fcynrtfieß ,F&eem £ Henscy Cc*»
t Jlfortyatfe&wfcnt
1 T»IMStH. §tw*. WWiuMn^wW
-99 Tenet Without Lett to <in Int'etfoe
3 / 11
i •'!
P"-it IT.’il—. M. ■ iti, ■ i ~ L
WEEVIL NEWS SENDS
COTTON VALUES UP
r
Opening Rise Meets Realizing, but
Prices Steady and Again
Turn Upward.
i _
* By (he Associated Press.
\ NEW YORK, April 9.—The cotton
) market opened firm today at an ad
~ vance of 24 to 36 points. July selling up
| to 19 63 and December to 19.12, or into
-i new high ground for the movement on
3 more or less general buying, stimulated
! by a bullish view of the official figures
on boll weevil survival.
The advance met considerable real
izing. and there were reactions of some
10 to 18 points after the call, but buying
continued and the market was steady at
the end of the first hour, active months
> showing net advances of about 24 to 28
* points.
Over-holiday weather reports showed
i some rain where needed in West Texas,
* but there were further rains in other
, sections accompanied by low tempera
tures, which were considered unfavor
. able.
j The Liverpool market will reopen for
. business tomorrow.
Realizing attracted by the opening
r advance was absorbed on the early re
, action and offerings became compara
l lively light. Reports of cold rains in
' other Western belt sections seemed
; more than to offset any indicated im
provement, in soil conditions in west
Texas. Reports pointing to an increased
’ use of fertilizers appeared to attract
* little attention. While less active the
market showed continued firmness with
‘ the active months selling 29 to 46 points
r net higher late in the forenoon. Prices
were within 2 or 3 points of the best at
f midday.
! BUYING POWER DROPS.
*
;
: Decline in Farmers’ Products Pulls
Down Purchasing Ability.
» Farm purchasing power again declined
* slightly last week. Although prices of
! hogs advanced, corn, beef and other
l agricultural goods produced by the
. farms declined with a net drop in the
\ agricultural price index.
t Non-agricultural goods, commodities
[ which farms must buy, also declined
slightly, but less than the decline in
, what the farmer sells.
Index numbers of farm purchasing
power and of agricultural and non
agricultural prices for various periods
are given in the following table in which I
the average for 1926 represents 100: I
Farm Axrieul- Non-Asri
Pu rchasmir ttiral cultural
I Power. Price*. Prices.
« Week endinsr
April « 114 0 106 8 08.7
March 30... 314.2 107.4 04.0
March 23... 114.8 107.8 03.0
March 16... 112.7 105,8 03.0
March 0 ... 111.5 I**l 8 04.0
March 3 1115 10)1* 011
Year aso. . . 103 4 07 4 04 2
Fell, av 110 1 I**3 0 04 4
Jan. av 105.8 lot* *1 05 1
1027 105.7 100.0 OIK
1020 100 0 100.0 100.0
(Copvrisrht 1028.)
There were 1,308 classes at a recent!
dog show In London.
1831—Nearly 100 Year* Old —1928 1
The Potomac Insurance Company
of tho J
District of Columbia
Home Office
900-6 F St. N.W., Washington, D. C.
Cash Capital $500,000.00
Surplus 1,178,629.29
Surplus to Policy Holders 1,678,629.29
Total Assets 3,185,879.30
This old company has uninterruptedly maintained its home
office in Washington since 1831, and is prepared to write all forms
of fire insurance and its allied branches. Full cover automobile
policies issued, including damage from windstorm and falling
trees. Agents throughout the city.
Geo. W. White, Pres. Thos. C. Moore, Vtce-Pres.
Alex. K. Phillips, Sec'y. J. W. Lawler, Ass't See'y.
First Mortgage Loans .
In the District of Columbia and Nearby Maryland
3—5 —10 Year Terms
Special prepayment privileges
Prompt Replies
Houses 1 A Office Buildings
Apartments /O Ifj Stores
Randall H. Hagner & Company
Mortgage Loan Correspondent
New York Life Insurance Company
1321 Connecticut Avenue Main 9700
I —— !
i
We take pleasure in announcing the opening
of a branch to our Washington office in
The Carlton Hotel
Sixteenth and K Streets, N.W.
Washington, D. C.
under the management of
Mr. Clarence F. Burton
F. B. KEECH & COMPANY
April 9, 1928 u«mbc*s or rns niw tors stock cxcm.wo*
ISIO H »T„ N. W„ WASHINGTON. D. C.
BnrMX PMnjkOKLTHI* ntOVIOCMCI CM I CABO
J . • . ’ . . A
Equitable Co-Operative Building Assn
JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary
Organized 1879 48th YEAR COMPLETED
Assets $5,292,842.70 Surplus $1.511.115J7
Subscriptions for the 94th Issue of Stock Being Received
Save Today—Have Tomorrow
There are lots of ways to spend
CCfc money, but onlv one way to SAVE
it-and that’s 'the SYSTEMATIC
p£p way! Don’t just live for TODAY—
start in now to build for the
FUTURE! Start an account here.
915 F Street
f 1
B 5
Loans on Real Estate
3, S or 10 1 ear [p
OUR ECONOMICAL PLAN OF MAKING fl
<1 LOANS WILL APPEAL TO YOU f
Residences, Apartments and Business Prop. §i(»
i-g; erties in tit District, nearby Montgomery
I'.'a County, Md., and nearby 1 irgima.
I RQSS M PHELPS 1
M Founded lift? 1
loan rosKK*ro>srvr
JOHN HANCOCK Ml Tl Al. 11 rr INSU RANCE CO.
1417 K St. Main 9300 sJf
PROFIT-SHARING OPPORTUNITY |
6 c o Gold Debenture Bonds
Direct Obligation —Non-Callabla—Due 1948
Interest payable quarterly
Accompanied by
Profit-Sharing Certificates
Theto bonds are centred by tho entire liquid cosh assets of
CREDIT SERVICE, INC.
Industrial Banking Institution
loaning small amounts, not exceeding S3OO to an individual,
which are secured principally by chattel mortgages.
The Company operates under the Uniform Small Loan Law as
enacted by over twenty States in the Union. This law, put into
practice by the Small Loan Companies, such as Credit Service,
Inc., is the active force which it driving the Loan Shark, charg
ing exorbitant interest rates, out of business.
We offer these bonds, together with profit-sharing certificates,
at SIOO, without accrued interest. Denomination* $ 100, S3OO
and SI,OOO. (
B. HANSFORD WILLS
Suite 210 Barr Bldf., Washington. D. C.
.—— —U AH. I'UtrON TOP IT ——— ——————
NAME
AIUIKISS
Q Send Circular □ Send Representative
N<*Tf‘ t*• eiabs a prattles «»f iu»t»i*l«iMa a maths* tor «bs beads at ear, Has
1% biubetata. fat oruiwel dtelvlat te realise ee ib.lt beads aat
time art** aa« tmi tree* date at partitas*.
t^KKKKBB^ a tttssssxs£s^. ... :-.:^Tsas:Txtg- 1 -t - - -ißglr 1 nviwir 7 ra iwigewagsst.—■ r • BBSrr Trr »
FINANCI AC,
11

Evening star. [volume], April 09, 1928, Page 11, Image 11
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], April 09, 1928, Page 11, Image 11 About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], April 09, 1928, Page 11, Image 11
About Evening star. [volume] (Washington, D.C.) 1854-1972