The Standard Union from Brooklyn, New York • 19

STANDARD UNION TUESDAY. SEPTEMBER 11, 1928. ESOND MARKET GOSSIP OF THE STREET CURB QUOTATIONS CaUl Variability Appears in Bond Prices Again To-Day Convertible Issues Show Advances Display Moderate Activity Some Rails Gain, Irregularity, which has characterized the bond market recently, was again in evidence to-day. Convertible issues, particularly the coppers and utilities, were active. United States Treasury bonds sold off in the afternoon, and Brooklyn-Man-hattan Transit 6s dropped more than a point in heavy selling.

Several individual Issue made Considerable Strength Appears in Curb Deals Amusement Stocks and Chain Stores Con sistently Strong 'Profit Taking Absorbed. The Curb Market to-day manifested considerable strength. Universal Pictures ran up more than six points to a new high, and International Cigar Machine and Electric Bond and Share rose more than four points. Amusements and chain stores shares were consistently strong and trading active. The profit taking which appeared was absorbed quite well United Gas Improvement fea- MISSOURI PACIFIC.

Miaaourl Pacific' rise to a new high was to the accompaniment of rumors that a wealthy group had bean accumulating the leading rails and would aoon start an upward movement in that ssatlon of the market, Th rails admittedly are behind th market, but there Is nothing to confirm the belief any of the group had joined with the avowed purpose of sending rails higher. Several pools have been formed, or are In process of for mation, to operate In Individual shares, and higher prices may be expected for many of th carriers, but that will not be the result of gams buying, but rather to the realisation, that several of the rail offer splendid speculative possibilities in addition to mode rate yields. Earnings of the principal roads are expected to show Improvement during the remain der of the year. MONTGOMERY WARD. Montgomery Ward again soared to heretofore unknown heights.

It has now reached a level where a split up of ths shares would seem to be In order, fifties of the company are incrsaslng In a satisfactory manner and In tha past have proven profitable. That, of course, is expected to continue, but (260 for a stock that pays 4 a year, Including extras, seems a little mite high to some traders who have been unfortunate enough to dope that out and have sold short. Those traders were perfectly right in their conclusions, but they failed to taken Into consideration ths fact that a technical corner exists in the stock and that a short in such position is treading on dangerous ground. Of course Cutten buying" it responsible for the rise In Montgomery Ward. That stock phrase has been overworked, but it has been matched with th statement that "Mike' Meehan had been caught short of th stock and had lost more million! than Mr.

Cutten mads out of the whole affair. Both of those yarns sound well, but laok anything like merit. Naturally the rise in Montgomery Ward has revived the old tale of it being linked with Bears Roebuck and on terms highly advantageous to Montgomery Ward because of th difference In quoted values of ths stocks of th two companies. That, too, lacks confirmation. close.

Moving downward were Container Corporation (a and Loew 6s with warrants. A few of the rails gained, but th majority were slightly lower. Canadian Pacific 4 and Baltimore Sc Ohio 6a made the best progress while losses ranging to point were sustained by 8t. Paul B'e of 1978. New Tork.

Chicago and fit. Louis 6's and Western Maryland tured th utility shires with a sharp advance. Electric Bond and Share rallied vigorously after early weakness and United Light and Power A and International Utilities were steady. Considerable activity developed In Curtiss Aeroplane rights which were admitted to trading at 11 o'clock. These rights ran up nearly a point from tha initial price of 7.

Oils ware sluggish and little changed In pries. Vacuum showed some strength but Standard Oil of Indiana and other leaders were quiet. smart gains, particularly the convertibles, such as Publlo Bervlc 4 Vis, Anaconda 7a and Andes 7l, all of which gained more than a point. Several foreign government Issues also firmed up, including French, Australian, Norwegian and Polish loans. A fair amount of activity was noted in some of the oils, especially Barnsdall 6s issues, both of which held around the previous 8 19 3 56 68ct 20ct 16 4 9 1 14 1 80ct 60ct 8 19 3 64 68ct 20ct 16 3 9 J4 1 75ct 60ct 8 16 3 56 68ct 20ct 16 3.

9 11 14. 1' Met 60ct MngASlt 32 Iron Cap Cop 1 Noranda Ltd 191 Ohio Copper 2 Parmac Pocu 10 Shat Denn Mng 2 SA 8 Tcck Hughes 2 Un Eastern 1 Verde Exten 3 Unity Gld Mine 1. Wden Copper 18 Yukon Gold 1 AMUSEMENT SITUATION. Methods have changed in the moving picture industry, he pres, ent craze leans toward the talking movies. Warner Brothers lust now are best equipment in that field, with several 100 per cent, talkies" already made, Ths stock market Is discounting the possibilities of profits to bs derived from this line and at the same time the merger outlook le bright.

Fox la Warner's nearest competitor In the talking movie field and these two companies, therefore, may the centers around which several other units of th moving picture industry will bs consolidated. Further information regarding these plana may materialize this week. EARNINGS OUTLOOK Itepublio Iron and Steel Co. Is now operating ita plants at about 86 per cant, capacity. There are indications that profits for the three months ending Sept.

39 will be greater than in the June quarter when Republic earned $1.03 hare on ita 698.000 common hares. Recent absorption by Republic of Sheet and Tubes, following Its acquisition earlier this year of Trumbull Steel, has resulted in reports that the lnterasts who bought into Republic last company greatly. year are planning to enlarge the QUARTERLY DIVIDENDS. The directors of Southeastern Power A Light Company have declared regular quarterly dividends: $1.76 per share on the $7 preferred atock; $1 per ahara on the participating preferred atock, and $1.50 per share on the $6 preferred stock, payable Oct. 1, to atock of record, Uept.

16. The board also declared a quarterly dividend of 25 cents per share on the common stock, payable Oct. 20 to stock of record Sept. 29. NEW YORK CURB MARKET sstia (le Hlfh Low SUGAR COMES BACK.

It Is estimated that American Sugar Refining Co. will earn in the neighborhood of 16,000,000 this year, or about 86.60 a share on the common after preferred dividend requirements. That would compare with profits of 83,818,740 or 81-49 a hare in the previous year. With such progress indicated it would seem as if tha common stock would gain come In for dividends before many months of the new year have passed. However, it Is said that tbe directors of ths company feel that it would be good business to wait until they have assurance that the Improvement in the industry Is :6 Pries 26 69 81a 12 5 26 68 81c 12 6 26 69 81a 12 6 Salts (Is 100 .) Hleh Lew Prices Sirs 16 27 .26 27 Newton Steel 1 87 67 67 Tel pfd Xl75 11414 114 114 NtaholsABhepCo 4 74V 74 74', Niles BemAP, 8 4 1 4 75 Noma 4 23 North Am U.

1 8 North Fr Cor. 4 27 Lew Prices 81 91 25 91 91 91 2 93 93 93 2 100 100 100 1 i 99 99 99 6 118 118 118 104 StlM tl.000)Blf1i 4 91 4 104 104 DOMESTIC BONDS. Sitm On 11.000, High Low Prloes A A 5a 63 61 90 90 90 Ala 4a '67 16 93 03 08 A1H P'ker 8s 39 4 89 39 39, AluminCoBs '62 18 102 102 102 AlumlLtd 6s '48 1 98 08 98 1 AmAggre6s43 A3 104 104 104 A Al. fla '43 10 103 102 102l AGAE 6s 2008 46 96 '96 96i 6s 2016 11 107 106 107 A It Mill 5s '48 14 96 98 06" Nor. Bt.

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A Co 6s '38 Am Thr 6s 28 Ana Cop s29. App Pr 5s'o6, Ak Pr LtSs'53. A APn6a'38, CREDIT AID EXPECTED. The rise in time money to 7 per cent, la expected to spur efforts to effect easement In credit conditions. Iuist weok It.

was hinted that th Federal Reserve Board would enter the open market as purchaser of finance bills If conditions seemed to warrant such step. In most circles It was thought that 7 per cent, time money would bs a distinct burden on business and would followed by easier credit conditions. Under the circumstances It could not be said with fairness that ths monetary authorities in releasing funds would be aiding the speculative fraternity. As a matter of fact, some bankers were so certain that h.elp would come from Washington that they refused to be concerned about the matter. 96 96 96 100 100 100t 100 100' 100' 99 99 gg 97 97 97'' 08 98 98 1 Adams Millls 1 AeolWebPl pf x50 Allied Packers 1 Allison Dg St A 1 do Alpha Port Cm 1 Amer Bk Crp A 1 do Cigar do Cyanmld 8 do Dept Btrs 6 do wta 30 do Gas El 3 do GsAEl Pfd 4 do Hawain SSI do Mfg Co do Mfg Co pf x26 do Natural Ga 5 do Rayon Prd 28 do Rollg Mill 23 do BolvACh cts 1 do part 6 do Bt Sec A 79 do Bt Beo 10 do St Sec wts 24 do Superpr A 26 do Superpr 8 Anchor Post 6 Apponaug 1 ArtMtlW cv pf 14 Asao Gs A Eleo 10 Atlas Plywood 3 Auburn 8 Balabn ett 3 U.

8. GOVERNMENT BONDS, ealea (In tl.000)Hlrh eW Prloes Lib. 3S 47.112 89.10 98.81 98 31 10 99.31 99.81 99.81 Lib 4th 45438 92 100.81 100.28 100.29 Llb4 ,10 100.26 100.28 100.26 Treas 4s'62 82 111.20 111.18 111.18 Treaa 4s 164 120 106.18 106.10.106.10 Treas3s'5G 105 103.22 103.16 103.18 Treas 8s'47 74 98.30 98.27 08.27 Treas 3'47r SO 98.24 98.24 08.24 Treaa 343r 15 98.18 98.16 06.16 FOREIGN AnUojula7sB45 1 do 7s 45.. 2 do 7s '67 Int. 11 do 7s 67 2nd 2 Argentine 3s27 1 do 6s A 67.

12 do Cs June'59 1 do 63 Oct '59 13 do 63 May 60 8 do Gh Sept 60 5 do 6s Oct 'GO 12 do 68 Feb '61 3 do 6s May '61 13 do 654s 3 Australia 6s'55 10 do 6s '57, 10 Austria 7s '43 2 Bavarla65is45 10 97 97 97 Belgium 8s '41 4 110 110 110 do 7 Vis 3 115 114 114 Australia 4 Vis 40 80 88 88 Bat Pet 5s IS 94 93 94 Belgium 7s 50 30 105 105 105 STOCKS WELL MARGINED. As a rule all stocks carried on margin are well fortified with cash, as brokerage houses will not accept thin" margins and customers are well prepared for a good sized drop. Of course, a long sustained decline in pries would result in a call for protection, but that has not been done for months and thus the market has not seen any 'distress' selling. Customers are no longer amateurs. In the advance last spring many were forced to take huge losses because they attempted to guess the top and did not take profits when the opportunity presented Itself.

With that experience behind them they now place "stop" orders a few points behind the price appearing on the tape and are thus to an extent (la Tolcle IVis '61. Toklo 6s Tollir.s 7s Ty'lHyE17s55 UJla ElP7s46g Un King5s'29 do '87 USW6A61W 4 91 91 01 Vienna 8 8 88 1 88Vi 88 Uruguay 8s '46 2 108 108 108 do 6 '60 10 08 98 68 Tokoba 6s '91 3 96 96 06 DOMESTIC? BONDS. Adams Ex 4s43 88 88 88 Alii ChalBs '37 4 99 99 99 AmAgC7s41 4 105 105 105 A.mCyand6s42 1 93 93 93 AmNat Gas6 6 98 98 98 Am 8m4R6s'47 12 107 107 107 do 5s '47 14 101 101 101 Am SugR Ss'87 3 103 103 103 AmTftTd543 '2 106 106 108 do clt 5s '46 1 104 104 104 do fdeb6s60 6 105 105 105 do clt 4s 29 30 99 99 99 do 4s 96 6 96 96 96 Am 6s34 6 100 1 00 100 Am Wr Pa6s47 6 85 85 85 Anacon cv7s38 92 182 132 1 32 do 6s 63 10 105 105 105 Andes Cop7s43 80 183 133 133 Ar CofD5s53 4 2 93 93 93 ArmourC4s39 2 92 92 92 Asao Oil 6s '35 4 102 102 102 AtTSFcv4a05-5S 4- 89 89 89 do4s(10-)'60 10 63 S3Vi 93 do fih 4s58 1 92 0254 92 AtOAWIC15s59 6 80 80 80 AtlRefdeb5s'87 1 101 101 101 A 0 6 29... 6 109 108 109 A 1 6 48. 8 104 A 0 5 11 12 A 0 4 33..

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Pro 2 24 Ray, Corp 7 53 Real. Ass Bkyn. 20 290 Rich Radla 1 18 EXCHANGE OFFER. The offer for exchanging Pan-American stock for Richfield OH Company shares, mads by the latter after purchasing all of th Pan-American voting stock from E. L.

Doheny three months ago, expires to-day. While the fiscal agents of the Richfield Company had not fully tabulated the late deposits of stock for exchange, it la believed that more than 75 per cent, of Pan-American stock has been exchanged for Richfield. 103 103 103' A GAE15s'77 6 100 100 100 At riy 4 109 106 106 Bates 6s'42. 12 107 108 106 Bea 1 104 104 104 2 103 108 103 3 98 98 98 1 99 99 99 2 89 89 89 1 98 98 .98 6 103 103 103 8 94 94 94 M6sAC67 PL5s'634 StKy5s'62. Clt.

Her 6e'06. Clt Ber 14 4 48 44 81 86 88 51 84 87 81 14 4 43 44 31 86 88 50 84 86 81 14 4 43 44 31 36 38 61 84 89 81 100 102 24 24 62 290 181, 63 18 200 Bancltaly Crp 66 146 144 146 Bastion Blessg 6 88 38 88 93 97 99 99 92 92 93 97 09 99 92 92 96 99 93 96 99 99 92 92 95 99 PHOTOGRAM8 SENT. Representing the first time that any commercial or manufacturing customer has used the Postal Telegraph Companys new service for transmitting printed matter and photographs by wire, the Gotham 811k Hosiery Company, yesterday sent photograms from New York to Gotham and Onyx merchants In seven cities. OIL DIVIDENDS. With the Standard Oil group paying shareholders approximately $50,000,000 In the third quarter of this year, the largest sum ever paid for July, August and September, It Is difficult to work up much sympathy for the oil industry, which has been hit bv over-production.

The amount paid shareholders in the current quarter is Just one half of the capitalization of the old Standard Oil Co. before It was dissolved by federal decree. But times have changed sine then and the automobllo lias, In th interim worked wonders for the oil Industry. Incidentally th oil business Is not as bad off as might be supposed from looking at the crude oil market. 101 101 .10 105 105 Vi 105 100 100 100 99 99 99 95 95 95 94 94.

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II Rub 5s36. 6e'43A 32 3 2 10 7 1 3 6 2 4 1 1 1 2 62 86 10654 '90 92 85 106 90 105 103 28 42 72 78 14 7 19 48 26 44 60 12 66 81 36 62 09 29 CORV PRODUCTS It 1 estimated that Corn Products Refining Co. will earn 35 a hare on the, common stock this year. Low prices for corn will make a material difference in lirofita of the last quarter and in the first two quarters of nfext year, but will not be reflected to any extent in the current period. The company la now paying around 60 cents a bushel for spot corn, but later deliveries are quoted twenty cents a buehel lower than the current market.

To a company that consumes about one-third of the corn crop of the country that difference of twenty cents a bushel will mean additional profits of no mean proportions. do 6s do 6s '65 Berlin 6s '50 do ER0s61 do '56 Bolivia 8s '47. do 7s '68 BordeauxBs '34 Brazil 8s 8 108 108 108 do 6s'26-67 15 96 96 98 do 27-67 7 96 96 96 do CeRy7rU 15 10054 100 100 Bremen 7s 1 101 101 101 Bris City 6s '67 1 92 92 92 Budapest 6s '62 11 85 86 85 BuenosA6 s56 10 100 100 100 11 94 94 94 3 100 100 100 2 100 100 100 do 6s '1 Canada 5s29 do Gs 31.... Blaw-Knox Co 1 Bliss (BW) Co S3 Blumthal Bid 1 Bohn Alu A ,4 Bristol Myers 2 Brit Cel Ltd 6 B'klyn City 3 Budd Mfg 1 Buf, Nlag Pwr 6 But Nlag pfd 2 Buf Nlag Pwr A8 Wyant A Co 4 CAM ctfs 29 Carna Mlk 6 Caterpillar Tr 6 Cavanaugh-D 1 Celanese Corp 6 Co 7s pfd 50 Pub Bsrv A 4 Can Bronze 60 113 113 CG SprgABump 2 6 6 Charts Corp 6 36 86 Ch'ker Cab 19 48 48 Co A 2 20 20 C-H-M Co 33 43 40 Colum Grama 119 77 76 Colgate Palm 8 89 89 103 103 28 27 42 72 78 14 7 19 48 26 44 60 11 65 80 86 62 90 29 113 6 8 48 20 48 76 89 92 02 92 92 02 92 99 99Vi 99 92 92 92 92 92 92 89 89 89 1Ui 101 101 93 93 93 92 02 92 94 04 94 98 98 08 102 102 102 104 104 104 91 91 98 98 100 100 100 100 98 08 80 89 98 08 vo VO VO 4 41 3 92 Ban Ar 4 61. 2 85 Barn 6 40 33 106 Bar 6 40 ex-w 970 90 Bell 6 48B.

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Piri 86 97 37 18 83 28 39 18 33 28 39 19 33 28 40 Do wts South Asbes Couth Coast South Gro A Bouth x40 109 109 109 do 5s 62. do 4s 36.. Chile 7s 42 do 6s 60 do 6s 61 EAGLE AS LANDMARK. Wall Street lias added another landmark to Its already famous skyline In the form of a golden eagle perched on a silver ball atop the Bank of New York A Trust Company's new building at Wall and William streets. The eagles presence, 513 feet above the street level, was revealed with the removal yesterday of the scaffolding from the tower of the new structure.

INSURANCE COMPANY. According to sources cjose to the City Financial Corporation, an announcement will be made in a few days of the formation of a company to operate in the Insurance and surety fields. No publlo offering of Its stock is contemplated, but it is understood stockholders of City Financial Corpora, tlon will receive rights to subscribe for stock of the surety company on a favorable basis. 105 105 105 98 98 98 101 101 101 94 94 94 94 94 94 94 Vi 94 94 In AG6s'39. 86 101 101 101VG 20 190 14 7 6 110 37 71 4 91 1 40 8 61 1 -10 19 142 4 1 1 12 1 do Ry 6s 61e29 3 100 100 100 190 6 110 67 90 40 60 10 142 142 132 132 83 20 44 8 190 7 110 69 91 49 61 10 19 33 21 44 3 Cent Ga 5 45 4 Ches 5 47..

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GOTTEN 'S WEALTH. It la currently reported that Arthur W. Cutten made more than million dollars in the rise in Montgomery Ward yesterday. That may be so, but if Mr. Cutten had purchased all of the stock credited to him In tha last year he must have made something like ten billions of dollars.

Whenever a stock moves upward with any violence the advance is ascribed to Cutten buying. Mr. Cutten has displaced W. C. Durant as the great buyer of stocks, big and little, high and low.

If he should die suddenly, many financial writers would be forced to think fast to find a substitute. 102 98 Vi 99 99 Vi 94 85 69 96 94 76 67 102 98 99 99 Vs 94 85 69 66 95 77 97 ALLISON DRUG STORES. Following the completion of the merger of fifteen wholesale drug houses with combined sales of more than $75,000,000 ysarly, are reports that a consolidation of retail drug stores Is contemplated. It is said that Allison Drug Stores, traded In on the curb, will, be the nucleus of the new chain. Allison now operates sixteen stores and is reported to be seeking another chain before entering Into giarger negotiations with another large system.

THEATRE DEBENTURES. Offering Is being made to-day of an issue of $4,000,000 Fox-New England Theatres, 6 per cent, convertible sinking fund debentures by Halsey, Btuart A and A. B. Leach A Inc. The debentures, which mature Aug.

1, 1943, are offered at 100 and interest. Proceeds of the Issue, together with a substantial cash Investment by Fox Theatres Corporation, have been used as part payment of the purchase price of the Poll properties and to provide additional working capital for Fox-New England Theatres, Inc, I I Sec7sE67. Int See 6s 47. In Pr 5s'67. In Pr In CoABsA47.

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Daveg Ino 14 86 84 Deere A 459 450 469 De Forest Rad 66 15 16 16 A with wt 1 23 23 33 Dlx 170 170 170 Doh 1 36 86 86 Dorn Str Ltd. 10 133 129 133 DubCond 2 8 8 3 Du plan 811k 1 21 Dur Mts 6 Jjj Dus Co A cts. 2 7 7 7 Eduo Flo pf 20 82 82 El A 8 Bee. 176 125 HSJ4 Elsa 22 80 9 70 4 2 2 6 6 2 4 El PAL op wt Em Pw Cp Evs (E8) Co. Fanstl Prod Fed Mg Co In.

Fed Ber A. Fed Met Bt Pur wta. Flor Bhos 20 83 46 20 43 36 18 3 62 20 82 46 20 426; 30 17 8. 50 20 82 46 20 42 36 IB 8 62 100 100 100 CHILDS CO. SALES.

Sales of Childs Company for the first eight months of the year totaled $17,395,706, compared with $19,226,472 for the corresponding 1927 period, a decrease of 9.5 per cent. August sale stotaled compared with $2,461,649 for August, 1927, a decrease of 9.9 per cent. 5s'4fl 18 100' 100 1001 AC7s'1930 2 101 101 101 Nar Co 6sA57 13 99 90 99) FAL6sA202fl 2 107 107 107 I 8 6s78. 12 88' 88 88V Ma 6s'43 2 129A 129 129 1 99 99 99 1 GAE6s'47 I 98 98 08 6sl960 4 105 105 (Continued on Following Page.) 74 Unit Go Imp. 121 148 146 148 98 100 97 87 105 78 PARAMOUNT-FAMOUS-LASKY.

The Paramount-Famoua-Lasky Corporation for the three months ended June 80 reports net profit of $1,609,478 after all charges and Federal Income and other taxes, equivalent to $2.84 a share on the common stock outstanding. This compares with $1,465,061, or $2.27 a share. In the corresponding quarter of 1927. CCC8L4s77E 5 98 6s '52 31 100 Col Gas 5s 32 1 87 ComlCabl 4s97 Comp TR 6s41 Cons 5s60 ConsGNY545 Con GO 5s '36 1 101 101 A 8 6s 47 2 68 96 07 87 105 78 1 87 1 105 6 78 3 105 105 105 101 98 Unit Lt A PA 64 Unit Lt A PB 6 Unt Pleas Dye 1 US Asb 2 U8 Prod A 1 US A For Sec 17 do pfd t-. 1 IT 8 Foil 10 Frt 2 8 Gypsum.

60 26 80 89 48 66 29 96 41 79 60 FINANCIAL. ANNOUNCES CAPITAL Capital and surplus of the new Lefcourt Normandie National Bank, recently chartered to provide new national bank for the midtown section of Manhattan, will be $2,000,000 capital $1,000,000 surplus, according to A. E. Lefcourt, to whom the charter was granted. SEE EARNINGS UP.

Earnings of the Kimberly-Clark Corporation should run In the neighborhood of $6 per share for 1928, according to J. Sensenbren-ner, president, in 1927 the company earned a net profit after depreciation, interest and iaxes, of or the equivalent of $4.73 a share on the 490,000 shares of no par value common etock now For Co A 1 Foun (For) 2 Fox The IncA284 Frd-Eia. 1 Fresh. 24 do pfd 25 125 26 30 89 48 65 28 96 41 79 0 125 17 81 30 15 18 62 28 6 38 75 106 25 80 89 48 66 28 96 41 79 60 125 17 85 80 15 18 67' 28 6 88 76 105 EXTENDS DEPOSIT TIME The deposit committee under the plan for the unification of The Lehigh Valley Coal Company and the Lehigh Valley Coal Sales Company, In a letter mailed to the shareholders, extends the time limit for deposits to the close of business October 10, 1928, do rts 2 Unlv Pio 22 Util A Lt 6 Utilities Share 15 Waitt A Bo 2 Walgren 62 war 33 Watson JW. 5 Wayne Pu Co 15 Weaao OH ctf 6 do pfil 1 17 86 81 16 18 67 80 6 38 76 105 QUARTERLY DIVIDEND.

The Aluminum Co. of America declared 1st regular quarterly dividend to-day of $1.60 on preferred stock payable Oct. 1 to stockholders of record Sept. 16. Kings County TrustCompany Offers to its depositors every facility and accom-; modation known to modern banking.

Interest Allowed on Aecoonta Subject to Check. Special Rates on. Certificoteeof Deposit. 342 FULTON ST. 1 'ii 24.

81 18 82 4 11 42 68 10 42 29 24 26 8 121 62 1 18 6 26 43 60 18 88 118 77 26 102 61 27 102 106 99 104 103 95 100 97 102 92 100 109 97 88 38 25 92 INSURANCE INCREASE. New life Insurance, including both ordinary and group, written by the Missouri State Life Insurance Co. during the month of August, 1928, totaled $27,967,964, tn Increase of $10,646,943, or 61.6 per cent, over business written during the corresponding month last year, according to a report to-day by Hlllsman Taylor, president. PLAN ZINC PLANT. Officials of the Evans-Wallower Lead producers of zinc, announce plans for a plant for the production of electrolytic zinc at lEast St.

Louis, Illinois. The new plant will bo operated through a subsidiary known as the Evans-Wallower Zinc Co. We Pt Mfg Co 10 133 13 133 PREFERRED DIVIDEND. Feltman A Curme Shoe Stores Co. has declared the regular quarterly dividend of $1.76 per share on the preferred -stock, payable Oct, 1, to atock of record Sopt.

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10 96 NSWalc 6s58. 1 94 NoRys 6s60. 16 102 Norway Norway 2 102 102 7 106 106 99 99 90 89 103 94 98 98 95 87 104 104 2 103 103 5 95 95 1 100 100 97 97 97 80 95 97 97 96 97 101 92 88 88 24 92 110 96 94 102 1 103 108 103 102 Fulton 8yl. Gen. Am Gen.

Bak Gen. Bron. C. Gen. Laun M.

Gen. Pub 8... Gobel A. Gold Seal Grant, W.TOo. Grans.

Orth D. W. A Hll, ML Co. Hap. Can.

8., Hres (C.E.)A. Hoi. Fur. Horn A Hard4 12 9 28 16 51 36 31 13 82 4 11 42 68 10 42 29 24 86 8 121 62 1 18 6 25 43 60 18 38 75 121 4 77 2 25 11 102 100 10 61 51 27 80 16 49 19 32 16 16 66 42 47 35 20 31 13 31 4 11 42 68 9 42 29 84 8 120 61 1 18 6 26 43 55 17 88 112 77 25 27 80 16 49 19 82 16 16 66 42 47 84 2:30 prices 3:10 Low Prices 89 89 100 100 101 101 100 100 104 104 1 Sslis (In Hlth 0-WRRAN4s61 2 89 Otis Steel6sA41 11 100 Pao A L5s'42 2 101 PacPwrAL6s80 Pa-AmPAT7a80 1 100 5 104 Cftpitil $50000 (ft Surplus get 0 09 1 Undivided Profits $652,000 (In tt.oiMD 3:36 Lew Prices 89 89 97 97 101 102 99 99 98 98 97 97 94 94 99 99 92 92 120 120 120 110 110 110 Sales High 89 97 102 99 ShuThea B11A coltr 7a'41 SlnOil SlnOil 6sB'8S SlnOil SlnCr 5s'88. SlnPIpeL 6'42.

SoPac cv 4s'29 40 SoPao ref 4s't5 27 8oRy 6s'56. 80 Ry 11 27 6s'42. 3 4 6 7 14 6 1 ro adj 6s 57 12 Hud Coal 5s '62 4 Hum 0 6 '82. 4 ro 5s '87. 4 til Bell 5s '56 ICCSLN 5sA63 In Ry 6sA65 In St 6'45.

28 I cv 7s32 14 4 3 1 8 89 89. 89 89 101 101 101 99 99 99 103 103 103 102 102 102 101 101 101 98 93 .69 99 63 99 WhlteHMch wta 3 30 WireWhICrp nw 3 28 Worth Inc 1 16 Young 8p A Wr 8 61 Zonite I'rodcts 6 36 8landard Oils Anglo-Amerlcn 14 18 do non-vtg ctf 8 Atlantic Lobos 2 do pfd 1 Borne 8crym Co 2 Chesebrough Mf 1 145 Continental Oil 22 17 Creole Synd 33 Catena Big Oil 8 do new pfd. .710 do old Humble Oil 16 ImpOllCanCoup 6 Inti Petroleum 10, National Trans 1 Ohio Oil 1 Prairie A Ga 12 do Pipe Line 2 190 South Penn OH 13 49 Stand Oil Ind 21 76 do 3 21 do x50 83 Vacuum OH 8 81 10 28 18 61 33 18 18 2 6 63 145 17 12 7 83 83 81 72 37 21 62 40 190 40 76 21 83 81 111 96 94 102 103 103 Slice (In ll.COft) High Lnw 6s '34 1 60 60 MKT 6 A '62 4 100 100 100 Fac 6s '77 66 99 99 90 ref 6s '65 4 100 100 100 gen 4s '75 1 79 79 79 MAO 4a '77 9 9 5 95 895 MO 6s '47 4 99 99 99 Pwr 5s '62 4 100 100 10 Tram 5s '41 1 99 99 99 Nassau El 4s '61 69 69 69 Na 6s '48 3 7 98 98 98 Na Racll 6s '47 6 8 8 88 86 6s '62 5 103 108U 106 NETAT4sB 61 2 100 100 100 NOPSrefSs 62 A 3 96 96 96 NOPSBs '66 1 NO Term 4g '63 4 TAM 5A35 2 do 6B54 6 NYC deb 8 35 1 do ref 5s 97 92 99 98 107 13 14 106 106 97 92 99 96 107 106 18 18 2 6 63 145 16 12 7 83 83 81 72 37 21 62 46 190 40 75 21 83 81 rJBRQDKWAy SpccjallMe7 COMMERCE! BRODKIYN 1 COMPANY 1 SECURITIES I kH5McntaqS enooKum H.Y. TcWpKcm TfUANOfcB ,7744. 79 79 79 79 107 93 96 98 101 103 95 Pan-Am 6s '40 2 93 93 93 Par FLu6s'47 20 100 100 100 PeDlCesf6sA'41 4 96 96 95 Pennsyl7s '80 64 10854 1 08 103 Pub Ser J67 24 99 99 99 Pur Bak 6s 7 96 94 94 Pennsyl 6S6 14 110 110 110 do 6s '64 6 104 104 104 do 6s '68 6 107 107 107 do con4s'60 4 102 102 102 do gen4s65 8 100 100 100 Pere Mar4sB66 2 92 92 92 Phila E14s'67 42 100 100 100 Phil A RC6s'73 2 96 95 95 Philip Ry 4a' 87 1 40 40 40 Plerce-Ar8a '43 10 107 107 107 Postal 6s 16 96 94 94 A 6sB53.

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6s'41 I ref 6s'65. A 4 s'52 6s52 8 5s 50. Do 3s 60.... 13 96 96 8 98 98 7 103 108 8 103 103 9 65 95 103 103 99 99 74 74 Norway 6s'65 19 100 100 100 NorHB 6s57 1 01 pig Nurem 2 90 90 Orient s'53 1 96 99 Pan 11 93 91 P-LMed 4 99 99 Peru 12 105 105 105V Peru 7s'69 2 102 102 102 Peru 6s 60 15 90 90 90 Norway 6s 2 97 Nord 6. 5 98 Poland 8s '50.

12 100 Poland 7s 47. 10 89' Poland 6s '40. 10 86' 97 97 98 98 99 100 89 89 84 84 101 101 107 107 Huy cf Del Hy Prod In Ray new. In Co of NA. In In Cigar In Print In Sate Raz Int Shoe In Util Inter Dep 8 Jack Motor 8 Kauf Dept 8 K-W Stamp Kem Ltd.

Kim Clark Kobacker Lack Becuri. Lakey A M. Le A N.i.. 1 Le Coal 12 L-O Sh Glass. 1 Loewa Inc wts 6 Magnln (I) Co 1 Mar Wire' Can 80 Do Lon 68 Marion St Sh 1 Mar Motor Car 3 Mavis Bottling 20 May Drg Strs 4 Melville flhoe 6 Met Chain Btrs 8 5 to 60c Strs 1 MWU6s pfd 60 Mland St Pr 1 Midvale Co of 2 MAH Val Pwr 6 Muni Serv Co 2 Na Fd pro 10 11 Lt pfd 60 109 Serv A 6 25 Nat Rub Ma 7 32 Na Bug Reft 60 162 National Tile $6 188 31 132 25 Independent Oil Carroll Company WE buy and sell Back Insurance Stocks Inquiries Invited 52 Broadway New York TELEPHONE WHITEHALL 4473 138 138 30 30 132 28 25 7 16 46 60 12 22 60 62 6 97 105 41 38 22 11 109 26 82 152 84 16 49 19 82 16 16 66 42 47 86 132 26 26 7 17 46 50 12 22 61 63 6 97 106 41 39 22 11 109 25 32 152 36 SoRy gerf 4s' 60 1 88 38 88 SWBTel fiz'64, 8 1 04 103 103 Shell Pipe 6s.

1 96 96 95 StOlINJ 3 102 102 102 StONY 4s'51. 22 95 '95 96 TennElec 6s'47 2 1 06 106 106 ThAv adj5s'60. 10 64 64 64 NELAP 5s '33 3 101 101 101 1st 4s '47 2 96 96 96 5s 53 4 96 96 96 USR 7s '30 15 101 101 101 USRub 5s '47 6 89 89 89 US 8tl 6s 68 29 1 01 106 107 A 6s '80 1 90 90 90 ULtAT 6s A '44 2 95 96 96 A 6s '44 16 100 100 100 VRColstSsA '62 2 105 106 106 Wab 4s Rts 3 91 91 01 TT Pao 4s '68 1 4 88 88 88 Eleo Bs '50 11 104 104 104 M'land 4s '52 4 80 79 79 West 6s '46 2 08 98 98 WPP 5s 53 2 104 104 104 6s '66 1 103 1 03 1 03 Un 6s 38 2 103 103 103 Un 5s '51 8 102 102 102 W'houseESs '46 7 103 103 103 WALEcon 4s '49 5. 91 91 91 8 6s '48 2 1 00 100 100 OH 6s '87 2 97 06 97 W-8 cv 7s '85 1 85 35 35 M-Ov 6R 38 1 101 101 101 Wlson 1st 6s '41 5 101 101 101 As 7g '41 2 107 107 107 Y'gs SAT 5s '79 32 100 100 100 110 110 94 04 95 90 93 112 89 83 74 95 90 93 112 80 83 74 102 102 102 101 101,. 101 107 107 107 103 -49 74 103 108 108 103 103 103 101 101 101 104 10 104 100 100 100 97 97 08 6 86 88 89 67 97 07 100 100 100 112 112 112 100 100 100 90 90 90 92 92 92 90 89 89 95 95 95 97 97,.

97 99 69 99 Por A1 7s6 ph 7s '50. Rio Da 8s'4 Rio dSS7s6 4 Rome 6s '62. 11 Ritter 6s 2 Fe Ar 7s '42 1 Rao (R)7s'68 2 84 2 5 9 K-S 8s Kres 6s 36. Lack St Lac 6s'53. A 1 5 87 si A MS 4b81 36 RR 4a'03.

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St Ry 7a '40 11 McCStrs5s '41 1 1 1 17 3 4 3 7 1 107 107 109 109 100 100 100 100 86 85 1 110 2 96 8 NJ k48410 154 160 164 fl IMA86s'31 1 100 100 100 A 8RAG4s8S 1 94 94 94 8 8Flnc6s60 30 101 101 101 8 LS F4sA'50. 25 88 87 88 St lF454sA78 46 89 89 89 3 98 98 98 8 Scon4s32 4 96 96 95 1 90 90 90 Sob 10 102 102 102 5 81 80 80 SAL adj 17 48 43 43 SAFI 2 76 74 176 pO 47.ct 4 (7 97 97 98 08 98 98 93 98 104 104 99 99 101 101 95 94 DIVIDEND NOTICE Cm Togo Taira tern 156th Dividend )1 dividend and Twenty-Five Cents ($2.25) per share will be paid on October 15. 1928, to stockholders of record st the cloie of bus- incss on September 20, 1928. 9 H. BLAIR-SMITH, Treasure.

Peine 7s '42. 7 Serb Re 1 Rlem A H7V35 2 Slem 6s5t 3 Rwitz 5s '46. 10 104 104 04 Tnho 7s 55 4 99 99 9ft Toho EP 6s'28 5 99 99 99 104 104 104 98 99 98 300 101 106 106 77 99 112 99 90 98 77 99 112 99 90 987 RyLt5sB'6i .7 101 101 101 MAM 1st 4 '84 2 98 98 98 MASOgtHs '49 21 15 15 li c-.