Oakland Tribune from Oakland, California • Page 26

MONDAY EVENING OaklanD JANUARY 28, 1929 26 FF? (C PAG IIFII and -F- CURB EXCHANGE S-F STOCK EXCHANGE NEW YORK BOND MARKET I By Consolidated Press xcusfve to Oakland Tribune Salaa Hlsb Low Cloaa NEW YORK. Jan. IS Following: SAN FRANCISCO. Jan. 28.

The following are the bid and asked prices anC sales on the Sa Francisco Curb Exchange as reported SAN FRANCISCO, Jan. 28.The following are the bid and atked prices and iatei on the San Francisco Stock Exchange as reported 16 ConaONX 4105H 1044.104'4 Is a lint of bond traded In on the "New York -Stock Exchange today with th volume of aules and price 8 Crown (. 99tf Wm. Cavalier wives (or The Oakland 1 R1BUNL. 99 78 Wm.

Cavalier Co.f wires for The Oakland TRIBUNt, over over up to and Including tne close oi market Total sale today wera 13 CubaCSuv 6.. 1 CtibApiHur 8.. 14 Cub boml)7U. 10154 101 I TUB tTATI4NS VI I MO STOCK OI'OTATM 'Ns AT I. agalnat $5 403,000 Sat ur, tnu lift ssn.ffoo a week no.

111.376, 3 DetKrt 6..... .10754 BIO AsKfl Askio Kid Hid Ah Ask.i two "a year ago, and $16,861,000 two PAC-GASTSrEDISON COMMON GO RIDING BIG OILS HEAD LIST OF NEW LOWS FOR YEAR; BANK SHARES HAVE QUIET DAY. By H. SCOTT Pacific Gas and Electric common shot forward to a brand new all-time high today at 56-. Southern Edison common at the same time took a leap to 59.

also a brand new all-time high. Thus the common Itock of the two premier utility corporations of the whole west keep gradually edging their way upward. Both these stocks pay 8 per cent and at their selling prices yield less than PA per cent but they both have additional value in the rights accruing them in connection with new issue 81 IMtc'S 6. ...10: 24c Amer Co 24 140 140 Bid Asked do com 33 34 jJLAP 11654 118 6 Uu'l l.t 4 ..100 1 Elkh CI (Mi 90 10754 107K 104 104 J0O54 100V4 90 90 69 Ti 99 99V4 991 Am Mtr pf 65 Ana Cal 'I'r. year ago.

From January to ante Sales were 217.596,000 against 8288.706,000 year ago, and $374,184,000 two 8 E'J Gf 6 32.. 89T4 Hale 22 Haw A Sug 60 Haw Plneap. (1 FAM Ina. 43 Hon Con oil 87 Hunt Broa A 28 do 6s 10154 rn 99 Ask- 60 35 LOO 40 86 76i-' 1.85 29 35 8 to 40 AAP.V Assoc Oil. 46.

A mo Ina Fnd 10 54 Srhlealngr pf 88 Flak 1 ub 8 41.114 in i if yeara ago. 1 1.. l.ihrt Bond ouotatlens fir 99 'i 3 On Cable 54 9 9 5. Bid Haw Sug 44 HoMandLand 26 Holly 950 Holly Sugar Honokaa Sug 8 In I 26 inv tih 36 Halo Pet pf 75c do 182 Key Sya Pf 4 Sya pr pfd 8 Klelber ....3.50 A 2.20 do com 13 Shell coin 26 89 20 26 93 96 360 io 64 54 4 60 299 47 ur after decimal polnta represent 37 Gn JUtt AO 6.10J Hu Suaar 115 1 On 62.101 99 108 101 107 92 101 101 10754 1 do 33c Pioneer Mills 24 Rainier Pulp 84 Itepub Pat. 7 Klchfld war.

11 Rio Gr Oil 40 3 UnK 13372 3 Crux Cm 92 Sen I Lock pt 8 do com 17 Schu Wall pr do com Jhaeta 17 4 lias II a pd 99 do 6s 2654 do 7a 30 111 Pac Glass 41 Sher Clay pr. Pac pfd 93 So 132 a2n0v of a qoiiar. LViTKU atATBS GOVERNMENT f. BONpS. lantien 4454 136 9 MqrCH 35 Kdyr t.

68 9 1ud Co 6.. 8354 93 82 Kolster Had. Sperry 10354 102 Hi 80 do com .4 Vtiaa uiaaei. oz do rti ...4.15 Sk Cal A-290 John Bean priOO I Bean com 47 54 Hi. oih iito I'M Byron Jack 77 Calaret.a ptd 18 Calamba 27 Cat Copper 7 Cal Cot com.

84 54 0'4 3.70 r': High Low Clos Langdorf A do 1 Hbla CAR 64.101 101 101 15 fnld Itl 4.. 92 93 92 9354 Sarin 91 26 18 11 26 19 (00 27 s' 1 Lib 89.4 oal it Lb 1.1 454. .100.1 loot Stand Cal. 67 i.elghton A do 4 18 137 Lockheed A. 16? LAlat.Nat..,135V 10 Jnt Cut 43.

11354 lU'li 11154 13 Int ch 98 97 97 9 4i Lib 4th 454. .100.4 100. 100, 78 19 38 I 67 54 Leslie Salt 44 Ua. .1 I 1 UK nt PD 6 66. 96 Treats ii.i 68 25 89 20 120 28 0.13 07.SC Traung.

20 Tide A OH do com 1854 "ranaaroar .13054 12 109 96 94 Maddux li Magnln -1 I.AUAK 107 111 1 of stock each year. 94 4o 3 9v '-s nt T.iT 4. 60 do com 28 666 1 117 118 116 viagnavox .9 viaanin com. 86 ni 'l ii 4 54, 81 do 20 a Amtlaauia 7a US ID A Cal Ed Cal Ed nit Un OH Assoc 60 i 60 Marin Banc 89 do 7a f( id 1 Inap Cop ..101 101 101 35 Kaveer 654 47.132 UVA 131 6 Keitli 6.. 96 96 95 i viq.

Cal Pk 75U 76 faterpll Tr. 78 74 do rt. ...2.30 3.85 i I MkStRKp pf 8954 Mkt St Ky pt Am In pfd.101 3 Cal Ed 71. do rta ....1.50 1.53 62 62 44 UK 28 43 45 9 81 26 19 12 45 10rt 26 40 46 103 117 95 88 82 39 54 88 10 103 78 21 179 84 27 57 29 14 25 43 Argent 5 '63 96 II do 6a '67 ...10 99 100 a Hruni Fa iui ids1' Union Oil 60 60 do rta 1.60 1.62 Sou Gas 6 54 do 6s i I 93 99 do com. lib 25 60a 1.05 2 Lao! i rof 104 104 5 Llir A 7 120(4 120 130' do 554a.

94 CF let Nt B.380 425 Un Sugar pf. 30 21 MarlHnd 39 Marland Oil. 41 87 McBryd 6 Maddux Matson Maul 87 Mer 98 66 -9654 100 100 100 '4 100 100541 oo vl 4 j00 100 loo ioo too ioo 2 100 joou iooii loo 21 21 loroxenem. 48 4 sterling Oil. Sunst McKA do 10 Loewn 6 41 118 47 12 89 100 llo ao com ft to Wlla Fargo 110 320 Zel pf 96 '4 86 'A Nor Am Oil.

(loci Ina Co. Jlv FU 14 15 SO do '68 Her B.100 do '5ft June. 100 14 do Oct ,....100 it do Fab .100 do May ....100 ,11 do '0 Oct .,100 a An MV 100 do 9l4 J4 ji 84 28 87 Bld Alaska Alaska 4 Alaska Tread 10 Alaska Unit Albert 81 Am 39 Am 25 Am A Am Toll Br. 1.20 4ng Cp It Argonaut Bk ..193 Am of Cal. .173 Boeing 70 do com.

87 Uolsa Blinker Art Tile A. 18 Art Til B. 9 Aiwa 8 854 Nat Chans Lyon. 21 Cities City of Parla Claremont Claud -Neon 64 Clau'deNeon n44 Coen no 19 do rta. Col River 11 Col Steel pfd 96 do 12 Cons 27 Pap Bx A.

20 do Cr Will 101 do 3d pfd. 87 Cyp Domlnguez 21 Dumb Br. .8.25 Ourant.Mot. 11 Durkee A Durkee.B El Dor 27 Ewa 49 Fed Ld Ins. 30 Fiber Fokker 2354 Foster Kl pt 97 Golden Gl 87 99 in vtc 33 Juu Pt A cm 46 23 54 865 15 Lorll 6 87,.

-88 Am 6 29 54 10 .10 .19 14 0 30 220 1.25 62 3.00 198 174 72 90 4.25 20 11 8 9V too 23 9054 1.60 65 44 33c 14 96 27 22 21 101 90 23 8.50 60 81 97 89 91 102 do 6 30 68 103 5 6. ..1085 3 Levi Dairy Dala A 24 24 do 24 21 Emporium 2 7 54 2 8 54 l-ellow 49 99 54 754 JAM 9c 1 Man Huh Paahua Sug. 8 Pac Lt 102 100 DON l)S. 54 100 98 )' 1 do '60 OOt .100 981 1 McCr Str 6. Mono com.

15 48 84 26c 25 96 16 13 1.00 99 3 Mdvl St 86. oo may do com 73 Pac 21 100 ioo it 100M 100H 96 54 do com B. 83 Tex Con (Ml 180 Thomas Alec 24 Title In Co pf Trans oil 11 Tread well Pet Linen. 22 Un Paper Bx 23 1 Mont Pow 6 .102 do Sept ....100 Monolith pfd 8 Mut TAT 18 ft Fib pfd. .128 Amer Co 140 Bean 6a 99 Sya 70 do 6a 102 88 142 100 73 40 102 9 18 Morr 4 88 5 19 Austral la 6S 'IIP 9754 TAT pfd.

126 do com ..172 3 Mrt Bd Co 6. 975l ti do 'S7 9754 96 54 dd vto 20 NW Elec VIllALux 102 31 Nt Prd 6.. 9 tl do 4 87 Paraffin Co 84 (1 A pfd. 27 23 do 7a 100 101 85 PHKCOI Oh 8 do com 8 6 Fire Kd Ina. 142 142 FosAK com.

13 12 ttilland Laun 63 66 Gen Paint A 81 33 do 25 26 3old St Milk 66 67 3 (a pf .101 54 do 7a 107 Haiku pfd 20 23 Oahu 34 10 95 96 0 Pa ft 9 11 do 65 95 95 Oak Bank ..440 1 AUSt UOVl 7S.luzn I Banco Hip D. 7 i riu 7a '46 90 Unlv Oil 192 1.96 Vlrden PktT. 25 28 8P. 87 89 90 92 93 1141 115 ao com 65 54 Pig Wig 29 654. .114 114 114 1 Ed do 6s.

104 106 POAE 6s 42.102 do 6s do 6s 111 Whla pfd 1354 OocldentPt ilaa Sugar Jnomea Itlch pfd 24 1 NY ELHP 6. .106 106 106 7 Tel 8 49. .110 110 110 7 do 454 89 ..100 100 100 32 Buta Pet 4 2 Bavaria 6 .96 .10 Belgium 7 Victor Weld 28 28 Walalua 60 61 A Fin. 66 2.50 Weat Coast .6 6 tlchfleld Oil 43 Soar Fir Owl pfd 2.70 8 88 ..108 ..100 ..108 ,.36 89 54 do com 13 13 I Vnl Wat 6s 99 prd 99 Am Ed 5 101 1111 410 do 7a '66 8 do '66 ...,10 i iwi com. Am pfd Wesi pac pd ts I 108'4 108H 106 i 106 1 109 'A 109 'i 100 100 132 21 102 35 600 2.80 10 40 110 108 37 40 44 19 51 144 85 31 21 12c KAI.I-X H-illl TO ll llll A 1 do 8s '41 ..1095, do com.

18 do 5 63 ,.101 101 101 18 Nor 6 ..102 101 101 1 Nor St I ...105 106 106 46 do 6 41 101 101 101 38 42 85 Pao Asso do a '56 ...100 38 1U iwovt Pae 10 Belg 6 49. .106 11 Berl 91 90 Pao Blsc pfd 43 do com 84 West States. 86 West Sul 35 BONUS. Amer TI 8s 98 Cala 86a Will 6s '10 Fry 6. 101U Amer.

Co. 100 at 140 100 at 140 Asso. Ina, Fund 200 at (S2). 10 100 at 10 on ruo a 7tt.ui 113 119 1 da 7 47 114 .114 114 94 2 3 do com is SBC EC 99 distributing points in all the prlnct pal cities ot France. Arrangements wers mad with some ot th largest dlsttrbutors of office qeutpment in Germany, Portugal.

Holland, Poland and Switxerland. which computes the world-wide Marchant representation. In the domestic field, th number Ot Maichant distributing point was Increased by 30 per cent In 192 over 1927, and the number of salesmen Was Increased 46 per cent during th sam prlod. Th nw portable modal, which was Introduced in November. Is now in full production.

Although th tao-tory output wa Increased 10(J per cent In December, sales are still ahead- ot production. NEW BOND OFFERINGS. Last week's new offerings for th first time this year crossed totaling $119,567,000, greater than the combined total for- th first three week of 1929. The previous week the new offerings amounted to $32,622,000, and in tn fourth week of January, 1928, were $142,645,000, Publlo utility financing, with 000 headed the Hat. Investment companies sold $28,000,000, whll municipal issues accounted for There were no offerings for railroad or foreign groups.

Th Investment company Issues were either-convertible or carried stock purchase warrants, an Increasingly common practice. WBSTKRK SULPHUR. ACTIVE. One of the important developments of th San Francisco Curb market last week waa in. Western Sulphur Industries.

which moved steadily forward from an opening at 84 Monday and turned over in good volume during the week around 86. easing off to 85 at the close Saturday. It Is reported the atock la under accumulation on reporta of reoord-breaklng sales of the company and the prospect of the share going on a dividend basis about midsummer. The shares, which traded on the curb, are convertible Into "8 tock on a har for sljar basis. Pao Equity.

50 Vi 3 By 6.. 3 93 SS Rnllv 1 47. ..10254 101 102 102 I Ohio Rlv 6. .108 100 106 5 Otis Btl 6 ....103 103 108 7 I'm: A ..101 101 101 Pac Nai 136 6 do 7 58 8 93 Pt P'PM 81 200 at 10 4 154 IUU', (JG Fry 6s.l01 do 27 Tidewater 100 at 18 Trans-America 200 at 130 100 at 130 300 at 130 800 at .....180 Union Oil Assoc. 100 at 60 800 at 50 Union Oil Cal.

100 at 61 100 at 6i 800 at 81 100 at 61 100 at 10 800 at 10 16 Borddux 34,100 Bral 654 87... 8 l3 do 654 27-67 96 Fireman's Fund 195 at 141 Foster A Kl. 100 at 12 fien'l. Paint "ll" 100 at- 25 Golden St. Milk 700 at 1....

67 200 at 66 noma Fire 100 at 44 III. Pac. Glass 400 at 42 Jnntsen Mia 100 at 465! Kolster 100 at 69 1 PHO rfcLt 5 99 99 99" 3 Pao TAT 6, .104 104 104 7 Am of 9654 98 96V Pao West Oil 20 Pac Un cm 1 lc II SS'52 IU4 So Csl 6s. 85 95 1Afl 100 Atlas Diesel Rta. Pnv.

Pub. Serv. 300 at 21 Pint. Gaa 1st Pfd. 100 at 27 Pac.

Gas Com. 200 at 66 200 at 66 54 Poo, It, Com. 100 at 72 200 at 78 Pll7-Wlgrl 100 at 29 Richfield 300 at 48 100 at 43 600 at 43 100 at 43 grhlralngrr Com, 10 at 87). 89 20 at 89 a Ann 7 Para Bd 6. 102 102 102 Jill Ml II A Brero Oer iXlOlU 101W Air Pvr 1 'A 93 99 100 100 2P 99 10054 a Anglo Nat.

Corp. '-60 at 62 Occidental Pete. 81 at 2.65 I Caldaa 714 4. 99 4 94 do too Another pair of atoeks which' went into new high ground today was th common and preferred of Pacific American Fieheries. After scoring new highs twice last wek both today moved to new all tim levels, th common at 87 and th preferred at 110.

Offsetting thee nw high wa quite a batch of nw low for -the year, headed by the big oils. Richfield slumped to 43, Shell to 27, Standard to 6654, Tidewater at 18, and Pacific Western to 20. Other new lows Included Caterpillar at 73 and th rights at 2.30, General paint at 26, and American Tol) Bridg at 147. Magnavox had quite a heavy turnover, opening at 8. climbing to 9.

and reacting to 8 around 1 o'clock. Marchant opened at 31 and, advanced to 81. Durant Motor sold at 12, and Fageol at Kolster was qult at 68. John Bean held at 47, and Byron Jackson at 78. Universal Oil waa a little stronger at 1.96, and Occidental Pete at 2.55 had a 16 cent gain since Saturday.

Italo pet was oft slightly at 1.32. and Palmer Union was back to the cellar at 11 cents. Neon Electrical Produota sold at 65. Claud Neon of New York, old Stock, waa priced at 440, and the new stock, which Is a 10 for on split of the old, sold at 44. Lock, heed Aircraft appearing for the first time had one sale at 18.

Fokker sold at 24 and Maddux at 12. Th bank share were very quiet. American held at 140, Trans-America at 130, Bank of America at 193, and Bank of America of California at 173. SOU, EDISON RIGHT. The Southern California Edison company, by virtue of Its offer to its common and original 6 per cent Preferred stockholdera of record arch 29 to subscribe to new common stock at 125 In th ratio ot on share for esch ten shares held, will place the company's treasury 16 In cash to defray part of th 1929 construction budget of and will alao materially better the company'a already favorable capital structure balance, aaya Lelb.

Keyston A Co. A bond ratio of 60 per cent or less of total capitalisation Is usually considered an excellent credit position for a publlo utility company. The value to common stockholders of the company's rights offer, which expires May tl, 1929, 1 represented by th difference between th present market pries of about 58 and 26 the offering price of new stock, and would amount to approximately $7,920,000. Comman stockholders wll! pay the company approximately $6,000,000 in cash so that present stockholders will receive In effect new stock with an Immediate appreciation of 132 per cent. The valu of rights accruing to atockholders as wall as th valu to stock ex-rlghts 1 shown in th following table: Rio Grand Oil.

200 at 88 Nunsrt Me 60 at 21 Sunset Me at ....,2.50 6 at ti Vn. Oil Assoc. rta. 2.55 18 Paia 6 .,100 2 Pa! he Exch 7. 82 12 of 5 106 20 Plili Co 6 9954 100 Phil Eleo 4.

99 I'h Sk 92 26 Ph'llpa Pet 5 93 2 Piirca Ar 8 ..107 1 Pltirf Oil 8 .106 2 5 94 54 50 at 100 at Amer, 104 104 99 99 99 99 92 92 92 92 107 107 106 l(i 100 100 650 800 800 at 2.60 canaaa IS do i II .101 i. Chlla 6 60.... 98 i 30 do 6 61 Jan 93 63 52 Toll. Br. 1.17 54 Hasssvsi 6 at 14 at 2.65 200 at 1.35 400 at 1.40 W.

Am. Fin. I'M. 60 at 6 1100 at Intinlot Cam. A.

(700 at at 2.70 3000 St .4.60 Caterpillar 100 at 78 200 at 73 200 at 7354 Caterpillar Ht. 2000 at .2.35 3000 at .2.86 600 at 2.30 Clorox 100 at 47 fr. Zellrrlinch 300 at 23 300 at 23 t'r. Zrller. Pfd.

600 at 95 llnlry Dale "II" 100 at 21 11 Chiia a i Cl ...2.76 14 it 106 100 93 98 54 93 93 93 98 99 99 87. 87 90 90 89 89 9654 96 100 at 760 at Itn. Oil Asso. Ills. Chlla Bk Pr.

P. .2.80 9 4 54 9 4 54 200 at 1000 at 200 at 300 at 6 at 4BV4 So. Cnl. Ed. Com, 100 at 69 10 at 59 Chlneae Ov 10 nt Cr.

Will. Pfd. 25 at 101 Cons, Chem, 76 at 27 Iturant. 250 at 12 Durke 16 at 21 Fokker Air. 85 at 23 20 at 24 G.

t. Ferry Com. 60 at 38 Honoknn Sg. 10 at (88). 4 Italo Pet.

,600 at 1.86 100 at 1.82 Italo Pet Pfd. Pae. Am. Com. 10 Port Arthur 103 103 103 Jinnk of Amrr.

70 at 193 10 at (871.193 90 at 10 at 193 40 a 193 r7 Colombia 6 61 90 atanaara oil innunrn uu 86 10 at 90 IT do 61 Oct 400 at 67V at 67 1400 at lo. Cal. Gaa 54. 18 Poitfll Tel 6,. 94- 93 93 18 Pub Er, 1.

10454 103 l45i 6 ilo 4 67 90 89 99 67 at 67 200 at ....1.36 400 at ...,1.40 Un. Oil Cal. Itts. 300 at ....167 100 at .,..1.5254 900 at ....1.65 100 at .1.6254 100 100 CopenhaK 6. CopenhaK 4.

36 36 86 36 600 at 100 at 600 at 20 at S8 Hit of Am. of -Cal. 3 2 N. A. Oil 300 at 36 Offldenlal 100 at 29 tit 100 at 67 86 Ptlb 8 4 196 17 1 It 1 A Hutr 7 87 87 87 Costa Rica 7..

95 A Cuba I .101 101 1015! 100 at 66 ..173 ..173 ..174 3 Purity Bak 6., 64 94 94 10 at 80 at 800 at 115 at 'l n.nmork 4 54. tfA Km Arms 6 ioo ioo HM.KS- I. -Ho It lXti I 54 14 .13 do 42 ,...104 10454 .173 19 Htm Rand 654 9 4 51 93 94 40 at 99 Thomas A lire. 100 at 24 Un. I.lnen.

t-at 2t Victor Welding. 20 at 28 Univ. Cona. OH. 9i0 at 1.96 200 at 1.90 200 at .....1.92 60 at 1.95 100 Magna vox NEW ISSUE.

36 87 87 87 54 37 87 Pfd. 635 at 400 at 30 at 190 at 40 at 30 at Pnc. Am. Co, 4 R' 1 8 5. .102 103 102 V9 9 Claud Neon 000 at 75o rt HtK Yd 454 99 100 at N.

A. OH 1: 13 Oeuta Bk 6 98 97 ff.5 OukePrlceP 6.10854 104 1 DutchEI 6. ...108 108 Dutch 130 at Hin An PSr 8.108 103 103 44 44 5 Eft Flat 1 i Bcnuir (j 1 8 54 iuii imu hmi 6 do 6 ...100 100 100 'A JU4 44 85 at 110 104 103 104 164 99 9754 i Pae. Cst. His.

Pfd rt 4 SI ell Line 96 96 96 100 at 15 at 100 at 15 at 100 at 26 at Klelber. 200 at .....3.50 Maddux. Air. 200 at 12 Marrkant Com. 60 at 31 Marin Banc, 45 at 89 4 Flat 44 1400 at 7 164 16354 7 9 54 99 id 17 96 100 1- Vl'k va Finland is 10 Finland 192 1.96 1.92 1.95 i 10 44 44 44 Caterpillar 144a.

900 at 2.86 600 at 2.40 Cr. Zellerbach 300 at 28 fnareol Mtr, com. loo at 6 Fireman's Fnnd 15 at 143 Halkn Pine. pfd. 20 at 22 Horn Fir 100 at 48 LelKhton "II" 20 at 19 Maauavox 800 st Hlvkfleld Oil 1000 at 43 600 at 43 Sehlrslnger pfd, 36 at 89 Shell Vn.

300 at.iM.. 27 300 27 Hp. Flour pt. 5 at .102 standard oil 100 at 66 100 at. 66 Tldewuier 100 at 18 Trans-Ainertra BOO at 13054 Amer.

Co. 100 at 140 Ana. A p. nn. 10 at 260 26 at 267 Atlas Dleael rta, 200 at .4.65 900 at 4.60 John Bean 100 at.

47 Hyron Jnckaon 100 at 78 Caterpillar 200 73 300 at 74 Caterpillar rta. 200 st 2.30 BOSTON STOCKS 60 at 500 at 900 at 845 at 91 8 5 98 -A 0 at 7 Finland Freenh 7.... .101 100 38 200 at 85 Oliver 100 39 Pac. Gas tat pfd. 100 at 27 Pao.

Gna coin. 200 at 56 800 at 66 Par. Lt. com. 200 at 78 I'nc.

Tel, com. 173 at 6 Richfield 100 at 4B .1.95 65 at (S7). 44 10 at 44 Pac. Equities. 65 at 51 Pac.

Weat. Oil. 100 at 20 100 at 21 Palmer OH Com, 500 at 13c Vat. Auto F. VTC.

Claud Neon. 25 at 65 Walalua Aarrle. Bttsolidcifed Press 0 31aud Neon N. V. 28 French 7 15 St German 7..

.,.107 l' GerCAgrBk T. 98 lr-: OerCAaB 6.,, 98 OerCAaB 6... 90 a 87 4 4 QerQenB 654.. 98 leased aire to TRIBUNE 6 at 440 Col, Steel. 66 at 12 100 at 1254 108 108 118 114 54 10754 10754 4 98 98 98 98 90 90 8654 87 98 98 94 04 101 101 98 98 60 at 20 Occidental Pete.

350 at .....2.55 60 at .....3.50 -200 at ...,.2.45 100 at 300 at .....2.65 100 at 2.50 1410 54 100 98 98 99 99 101 101 103 102 54 96 96 98 98 102 102 108 103 103 108 104 104 99 99 102 103 98 96 99 99 90 96 ii man us 3 SI irraftS I 100 8 Sliei Am 7. 98 41 Slno Oil 99 33 do 6 38 ..101 14 do 7 87 103 10 Bine Crd 5 97 3 03 8 8 nlth A 6 102 3 Bll 6 ..103 6 ni Colo 6.. 103 2 Bell 6.. 104 8 and Mill 5.. 99 3 and 6.103 11 Oil 4 96 1 Hot 6 99 1 S'lg of Or 7.

96 6 1 en Conner (.108 600 at 75o Weat. Sulphur. 100 at 86 100 at 25 60 at 35 100 at 35 80 at 86 1000 at 11c Col. River Pckra. Rainier Pulp.

20 at 84 10 at 84 10 at 14 SAI.KS Id Oraf 8. .101 BOSTON, Jan. 28. -Following is list of today's highest, lowest gnd, dosing price for the most active 98 Ot CEP Jap T. sai.k.s it iv ao 86 Claude Neon -tvl.

7 Halt 6... l4 100 100 ...100 Amer. T. A T. 60 at ....218 Lockheed Air.

20 at 18 Low Clos i 96 97 HunCM 74I 975. stocxs aean in noro. gales High 170 Aritona Com. 4 54 Bank of America Hungary 7 44.100 46 at S4 Col. Steel.

110 at 12 Vat. Auto Fib vie. 3 1 106 106 4 54 4 58 63 100 100 95 95 54 IrlshFS 5 60.. 96V 90 Calu A Hecla 63 106 106 106 sii '1 aim El 28 Crown Will. Pfd.

32 op Range. HU-h field pfd. 100 at 24 RlchCleld 100 at 48 Shell Un. 100 at 27 Trans-America 200 at 130 Un. Oil Aaaoe.

rta. 500 ...1.40 Un. of Cal. rta. 100 at l.Se Kolater 160 at 68 Magna vox 100 at 9 200 at 9(4 300 at 9 54 N.

A. Oil 100 at 84 Pac. Pun. Serv. luu 21 Pac.

Gas. pom. 200 at 66 t. 1 Ital PUt 7 it. 84' Cr.

Keller, pfd. 100 at 96 Dairy Dul ioo at 19 100 at 20 Fireman's Fund 15 at 143 Golden at. Milk. 100 at. 66 5t 800 67 III.

Pao. Class 100 at 42 .3 Tol 6 100 100 100 luu Amer. Co. 100 at 140 Ann. h.

A P. Bk. 40 at 267 llrritn Jackson 100 at 78 Cullf. Ink 100 at 61 Caterpillar 100 at 74 Caterpillar rta. IOO at 2.85 94 97 94 97 101 60 at 20 Occidental Pet.

800 at ,...2.80 800 at .2.70 Pac, Am. Com. -MUIy 7 61 97 8 1 ran no Oil 6 Mil 101 li Hi 92 1 l.i jap 3d 7 92 vi I ai Pac. West. Oil 100 at 21 Palmer Oil Com.

600 at 12a Rainier Pulp. 25 at 34 Sunset Me 10 at 14 Thomas Altec. 6 at 24 Univ. Cons. OH 100 at ....1.90 Victor Weld.

10 st 28 5 it, 89 99 99 89 54 98i KV 10 at .,..101 Durkee 10 st -28 Fokker Air 80 at 24 Italo Pete wp mi LelpsQer 7 47.100 t78l tK 6 7 76 i 1 1 3 18 7 35 78 1 350 East Butte 366 Gilchrist 7860 North 236 Pacific Mill. tlOO United Sh M. 55 Utah APex 200 Utah Metal 10 at 193 Ok. of Am. of Cal.

35 at ....173 85 at ....173. Cal, Art Til ,10 at 19 Claud Neon new 145 at 44 Claud Neon 10 at 6454 25 at 64V4 270 at 4 Vn Oil Cal 6 99 1 nlver PAR 98 14 Inl Drug- 6 63 96 8 T)S Rub T430.102 25 at Jul 99 101 99 96 .55 92 101 100 101 99 96 23 21 Mkt. prlo of stock 00..., 59.00,... 63.00.... 57.00...

1 66.00.... 65.00.... 64.00.... 53.00..., 52.00.... 61.00....

56.00.... Valu Of right ,..3.18 8.10 800 t.90 2.81 2-72 2 63 8.64 2.46 2.36 2.27 ..4.. 1 9A Stocks, ex-rlghts ...136.82 65.90 55.00 64.10 53.19 62.28 61.37 50.46 49.55 48.64 47.78 98 102 54 93 I'MerEl 7 67 96 1400 at 1.32 L. A. 1st Nat.

Bk. ioo- at 85 at 86 at 100 at 11 Mex 4 04 64 tat 22 High Low Clos Bales 21 ri en 160 at ....136 10 Mx 4 1910 am 31 89 II Milan 54 6s. a I laaVB TJ 7J Q4i 41 KAI.KS TO li.to P- i7 T4 OPTJ I3 MlnasGer 6R8 94 3 94 4 do 94 94 16 la 1 6 88.. 60 60 20 do 6 88 ctfi 49 49 23 113 Rub 6 47.. 93 93 1 US Steel 5 63.108 108 2 Utah LAT 5 44 95 96 6 Utah 6 44.100 -00 5 I'tlraOaa 5 67.108 106 13 IT.

It PwALt6 90 98 6 V.rtlntf 7 96 95 2 5arncr ref7 86 85 4 VV l'n P5SrE.105 105 6 VnCC 6 50 30 30 1118 95 100 106 96 9554 6654 105 30 Occidental Pete RAIL BONDS ARE FEATURE OF MARKET INVESTMENT 94 94 AlOntAl A A 7 37 HI. .2.60 8'Mi 97 do ref 4 51. 19 17 .7 Netherlanda 6.100 98 100 3 5 Mo 60 at SI Sck. Wall Bd. 25 at 16 Title Guar.

pfd. 10 at 91 Univ. Cona. Oil Analo Nat. Corp.

50 at 62 51 150 52 Amer. Toll Br. 100 at 1.17 Bk. of Amer. 58 at (S71.193 88 SOU Wal ft.

94 Sou 5 58. 94 'i 2 KCTerm 4. ..2.65 ..2.60 ..2.66 .5.76 250 100 600 at. 25 84 100 94 94 10314 102-4 ,:0 94 50 49 18 98 88 54 96 81 97 86 99 51 97 90 89 5 I KyAInd 4 54 95 4 Nnrn'av S3 .109 -U 103' iw Mrriern l.li;i ion IDS 1 IT Col 5 9K.I04H lftjli mil. SECURITIES BONDv(J'TUCKER 150 .2.66 Norway 6 44.loaia IS Norway 5 68..

87 5 90 100 at, Pac. Am. pom 8 8 54 95 81 97' 86 99 97 90 89 Italo Pete ptd. '000, st 75 V. A.

1st Nat. Bk. 100 at. 137 Lockheed Air. 100 at 17 Marebant coin.

15 at 31 Marine Bane 50 at 89 20 at 88 54 Occidental Pete 300 at 2.65 900 at 2.55 100 at 2.60 800 2.55 I Ms Clnudr Neon, 5 Norwea 1 1 92 7 Orient Dpv 6.. 87 MARCnAXT'S PROGRESS. Total Sales of Merchant Calculating Company for 1926 showad an Increase of 43 per cent over th year 1927 or equal to the total Sales for 1925 and 1926 combined. A (-rest deal ot reorganisation work waa accomplished in the sale department. A special representative spent six months ot 1928 In South America, replacing Inactive non-productlv dealers and establishing new contacts In territories previously uncovered.

Similar work was dons In Eurone durlna the last 1 Kings Co 4, 81 30 LS.4M S4 98 4 Lull Val 4.... 86 6 Leh Val 4 99 2 Long I 5..... 97 .3 Louis Ry 5.... 90 5 LANS It 4..,. 89 I Manila Kl, 4..

74 lh3 at .44 'A Trading in-Convertible Issues Is Better; Some Gains Recorded. 900 200 at. 800 st. 700 100 Claude Neon, old t'aria i.M PL Itv 7.104 117 99 Hi 104 96 93 88 160 at 87 Pnr. Am.

Co. pfd. 25 at 110 54 Pac. West. Oil 100 at 20 T't.

100 at 20 Rlo Grande Oil 50 at 39 ....1.87 54 ....1.85 ....1.80 ....1.75 ....1.78 ....1.70 Lit Ina. 40 Vt Parle ftliin 6'4 96 74 74 6 Kl 440 t-irt. Sleel 10 at Italo Pete OAKI-AND Central National Bank Bldfr. Telephone GLtsneori 7056 4- J'ernamhuco 91 1800 J6 Pru 6 60,.... 8ft; 9 Mllw 5.100 10054 100 2 Ml St 5 63 68 63 1.1 MIStL 6 63I fiSli 531; W.

Sis. 6 at. ioo 104 98 83 89 89 163 98 '4 ,87 10 101 4 1000 at 1.82 53 54 S35i 48 Pirelli Co It 7.164 WiVi SAI-4 CKANCISCO 110 St LOS ANUSXgtl POatl-tAMli By CHARLES F. SPEARIS NEW VOI1K, Jan. ZH.K new feature iu the bond market today six montha of 1928.

A new dealer 4 4T" Poland 8 60.. 98 98 irl4 Poland 7 47.. 81 87 BLAiTLA -3 Port Ale 8 81.106 105'i organization was formed in France, composed of experienced calculating machine men well financed, with 31 101 J04 99 97 75 84 20 84 101 104 99 97 76 Pt A lea 754 11 10154 l'nt 754 106i 10654 CHICAGO STOCKS BtfConsoi idafed Press wa the advance In the tsauaa of some of the small railroad llnrs whose position ha actually or sentimentally been Improved by Satur-dar'a decision of the Interstat commerce commission In 4h New York 12 St 20 8 4 84 1 MKT 5 101 82 5 104 24 Pao 6. 99 12 Pao 5...... 98 5 7 Pac 4 76 7 Pao 6 98 2 Mob A Hlrm 4 88 19 Nassau El 4...

62 9 Nat llys 11 1., 15 10 NntRy Mex44 23 1 Prov Ana 97 97 97 1 Qnld 7 41.. .,109 108 108 .1 Qnl 47 104 104 104 Z--1 Rh 7.... 100 10 100 Rh 7.101 101 101 '13 WMnarh 104 104i 6 INhlte Eaa o.102 102i 102 2 Will Saw 8. 9Si)i 98 98 4 Wilson Cofl.103 102 103 I Wlnclms A. 107 107 107 8 YpuiiRKt SAT.

100 5,1 100 100 11 it 0,4 1 rioSns. 14 A 8 A I'' gttn 4, 93 92 92 I ATAKI" dj 4. 88 SB 1 ATAHF A 97 97 97 1 All Ilmliam 4 8 7 54 8 7 87 2 Af'L IkI 4 53. 91 911 91 4 ACLLAN ool 4 90 00 90(2 13 IIAO Hef 6 95.109 109 109 18 llAO Ref 5 95.102 101 101 41 IIAO cvt 4 54 98 98 98 1 HAO 1st 4 48. 92Z 9254- 9254 I JiAO 2000 t01! 101 8 HAOPLK A 93 98 934 30 BoaAMRKi 67 97 9754 97 67 BdA.7Av 43..

77 76 77 1 BkCHR 6 41... 92 93 93 20 JJ.MT 6 68 98 97 97 10 P.11RAP 457 91 91 91 1 BushT 4 52..., 37 87 87I 6 Bush 6 55.. 98 KgiT 98 14 CanNat 467. 95 95 95 15 CanNat 4 30 99 99 99 1 CanNor 7 40.. .112 112 lljij, 1 CmiN do 6H46.118 116 110 2T Can Pso 4 pr 85 84 84 1 CanPac 4 46 98 97 98 1 of 6 ..100 1001 100 or Cl co 5 45.

102 10: 102 3 CP Is 4 49,. 90 90 9ol 4 5 60 103 103 103 97 88 leased uiire to TRIBUNE 97 88 61 4. 15 16ft 22 s-a uo o- ti v-r 1 Rh 7 48 xw. 0 90 90 CHICAGO. Jan.

28. Following Is a report or toaay a sales, men, tow 10 tt itf.t 10 1 103 103 Hione i 4.iu',9 juo mi 1 do 64 63... 94 94 94 1AGDSI 48.105' 105 105. ami Closing quotations, on tn uil cago Slock Exchange. 91 9154 SO Rome 6 54 62 JIT (sales in hundreds ot snares! High Low Close ao ft ti 04 11314 'J'Jhw UH'i NYC Con 4..

88 88 88 5 10 6 54 IO654 106 54 NY CAH 4. 97 97 97 NY CASt 4.. 95 9554 96 do 4 31 97 97 97 7 Sao 7 66. ..100 IOO', 100 1 do 65 97' 97 97'4 1 do 8 36 ...100 5, 100 '5 106 86 MORRIS PLAN MAKES REPORT According to President F. M.

Ray the Morris Plan Company ot Oakland, In Its first full year of operations, made loans to 2739 Individual td the amount of 8584,662. Less than one-tenth ot one per cent went unpaid. During the past year the Oakland company's 6 per cent Thrift Ac oounts increased 100 per cent both In number and amount. And since January 1 these accounts hav shown a growth of 80 per cent. Willis Lowe has been added to th board of directors, which now con slsts of (he following: F.

M. Ray, E. M. Tllden, Frank W. Frost, C.

H. J. Truman, 0. D. Jacoby, Fred B.

Richardson, Ira Abraham. John F. Hass-ler, Henry Zentner, F. A. Fletcher, F.

A. Collinan, Carlton Osgood, Fred T. Wood and Willis Lowe. The board has elected the following officers for the ensuing year: President, F. M.

Rsys vice-president. Ira, Abraliams; swcrnlary-treasurer. F. A. Fletcher; manager and assistant secretary.

A. E. Smith. 6 6 4 1 2 6 17 7 10 do 8 50 107 8,1 i it aii Am monwK no iv 10 Allied Prd A. 67 1 Am Com Alchl 8654 86 2 Am Sta 27 27 17 Am Svc Co 135; 15 27 Art Metal 45 43 17 Assrl Tel L't 4 295 28 do 654 A ...106 06 108 do 65b ....106 106 5s 10654 8 do 6 6S 92 10 6x 46..

98 8 6 5.. 94 54 15': 41 5 94 94 94 17 do 4 54 30 NY NMAH 4' 4 Sx 8 7 46. 99 90 1 a 1 do 6 'a 46 9S 4 Assoc Inv o(. 65 91 5 98 93 99 95 lOt'i 94 IS, 91 1 Of. S3 71 1 NY NHAH 4 63 81 'J NY OA 1st- 4 69 54 4 56 73 143 123 150 27 Atlas Stores S3 A I'll I'll Allto 1 17 iiendlx Crp n.126 97 89 81 695 24 69 14 88 91 101 1 Folne 7 42 H'4N 11 Serb CAS 8..

10 do 7 'is 79 i 9 Shiny 13 91 SlBin Hal lil 105 9 Sllf-Hlnii Ilk 6. 3 1 MU-mir El Co. .107 267 Borg Warnr 140 123 147 2 4 32 85 35 a j.ys 66. 24 10 NY St 69 18 do 6-40 74 1 Nor A 6 88 2 Nor A 4 96 91 1 rlo 31 geii.101 'ij 24 83 CAL ITALO Investment Corporation Cornmoti Stock At the present price we believe this stock to oner exceptional opportunities for market appreciation. You may buy blocks as low as 100 shares.

pptiVKien will a made io lift ihii Hnek tXt Im Fm(iite Curb Zxehanf Price $1 per sh-are fnr further Jetailt write C-28 92 9H 91 99 90 104 "i 84 79 91 S3 107 I i I I 102'. 9Sf 77' 90 I 90 3 Brllit Star El 25 18 Pinks Mfg S4 63 Brown Fnce 36 -4 1 CUR or of 97 1 CftO en 4 Sfii; 19 f'AO c-v 4 R0; 99 IS ChesCo 5 17. .100 6 CAA 3 '1. 511 69 1 CHg 5 7 1... 4 CrtiV S'i II rtl 85 27 "'HQ 4'i, 7711.

97 1 Clili ,1 27.104 81 69 24 69 74 88 91 101 92T 113 8 9 66 103 4-rnrral case. Of these th most were the Fonda, Johnstown and Gloveravlll 4 'is and th Ulster and Delaware 6s. The former sold Inst week at 25 and closed at 80. They opened today at 41 and later showed a net advance for the day of nearly 20 points. Ulster and Delaware 5s closing st 62 on Saturday opened at 70 today and later had a net gain of 14 points.

ADVANCE SHOWN. The decision alao strengthened th position of the Minneapolis and SI. Louis and Iowa Central bonds which were active last week. They rose 1 to 2 points, pes Moines and Fort Dodge 4s were up 2 points. Tim faot that only a limited number of suuh bonds have a listed market probably prevented a demonstration In this group, In contrast with the rapid advances in thess det'ldndly inferior bonds wiis the heaviness In high grade issues, and especially In th now 4 54 per rent railroad mortgages created lust year.

Soma of these are now lower than they were during the summer of 1928. This was one of the circumstances that made the price of the Chesapeake and Ohio 45ts which Were brought out todny. look high to prospective purrliaseri. These are above the market for such bonds as St. Paul 4s and at about a parity with Great Northern 4 a.

CONVERTIBLES TR F. it The rtlblt- issues gave a good account of themselves, especially th'' International Telephone 4 which advanced 1 points to 107 no H2 110 4 rcafcC. 92 4 40 (10 36'. 49 Butler Bros 42 7 Ce Co Mfg 79 118 77 I Nor II do 4 97 89 89 I S-EI ,1 51 32 66' 1 I A Kl noiti ...103 1 a i4 do i'4 64 104 1 0 ft Swiss 8 40 110, 110 21 do 46 ft? 1 'I'olio El Pw 7. 98 ai 98 14 do li 29 ri'le.

99 99 1 Toklo i 62 7 7 7 7r to Tokio 6 ri't 9ij 90', Tollmtt 7 47 90 90 El'! 103 82. 09 B1 41 98 230 27 33 93 18 2.8 COW 4 59 9S'j lis 99 250 37 28 03. 95 18 26 lot's 1035 Ch NSAM RR 99 i) C'mwth Ed .230 2 Curtis Mfg Co 37 3 Eddy Paper 28 II El i-lshld 34 1 Emp OAF 955a III Erla IS Fab Fin 5 Goldblatt Bros 30 107' 1117 1 fl 94I 91V, C.MASIP IU 89 9S f.i'i 60 r.MSl'A-P 93' 93 46 adj. 79 791i. I CNW 7 30 1(T 9U1 XI Klmtdn 1 1 41 -W-1 1 do gen 3 2 do .1 I OS LI 61 Ta 7 3iJ 1 do 5 68 1 do 6 36 12 do 1 (jj.

3 do 0 64 f-t 4 63 do 4 43 81 Poor A In 2 a i 3 Vtre 2 Port) REAP 8,7 7 $1 it 2V do 4 ti0-9n. .110 110 99 99 104 99 98 'j 93 93 4 41 43 101 lo 17 Gt Lks Alro A 29 28 28 2S Grlgsby Grun.l4.-, 112 143 13. do u'4 37. rS.Kof Cop 37 99'B I ni A war S9 4 do 6 '4 61 f9 12 oo rts 13 13 12 7 i j. c.vw ChK'v 5 KI.tP 4 VI.

SS ss CliU 4 a 1 92 j), 'RIP rf 4 31 9.1 33 103 Ml l9 97 1, 87 $15, 63 .102 1112 6 SO. 3 102 102 1'J 110 104 98 93 44 101 102 12 107 83 94 89 93j 94 4 100 S7 100 jiS- 6 Addresi i-nint Warsaw 7 68. ruix'h I'EI' 4k .14 is- 11 nan varier pia 20 Heishey A 66 53 do II 67 47 Houdaille A 66 79 do 66 .12 Insiill Ft Int. 36 19 Inland $24 It'll Iron Flrem Mf 33 srii 1 di, 1, inn 1 6 3o. (l I'l 63 63 34 -SO I ilA.s 1 us.

1 (I now high pi-Ice. fld--H1f Pirelli is hl'M. fit, f.3. I 107'-, 84 9I; 99 91 IIMM, ion 31 33 65 65 66 66 3 -SOU 33 127 17 25 20 5-i 31 39 44 116 1" 3 1 I Itlo (1V i-lt 1. 10 Hock TAAL4S 91 -t 1 S'l I.I.MAS Kflio 17 SILI.MAS ll I 99 30 St LI UA(i 91 i 1 5 SI L-SK :,0 U.

1 .10 -v 13S SI L-SF ill.M'i H7''a 1 SI SK a'-n ioo 5 "ortoiiii Al.r A- 1 1 f. 9i 3 A In ni 7 1 4 -iruv -v :1 A 9k nof-p gam mi.s nearly i points. Industrial Issues have iihowlng a heavy trend with renewed, llti'ildntion In se.veral fhry 'lu I .,1 111 ''I 1. A i 1'iMl tlio high' coupon sugar Issue, aMliin- R.G.REY&CO. STOCKS AND BONDS R7 MOrTCOMCW STRUT SANriWNCISCO nunsoJt sirru Jaiania-too ot 12 120 12 Kollogif Swlt.

17 17 4 l.ane lu ng 25 21 4 Lea th A Co 20 20 20 Linn Rof 32 31 Material St-r 4" 39 5 McCord Had A 44 43 68 Co 22 a 21 i 4. 6 J.9 9 Nji I st Hsv lut 4 3 St "ii I frn Nf tv Partial Payment Platu North American Investment Corporation is it offering its Preferred Stock on a convenient partial payment 1 o.ooper month. This partial payment plan offers a very easy method of building an Investment income 5 Preferred Stqck at $94.00 Yielding 5.85", 1 8t 1 1 pi llli I If ti' IA-T 1 I A i vk: 99 ins 14 Weet Util.190 1 184 IS6 iniirkel Tor all of tne anthraeile coal company bonds, partloularlv those 111 th" Lehigh, and In the Issues of paper and tobacco corport-tlon. Thu refunding of French Internal lotina with 11 per cent issue. ig.

nlfles the Improvement in the French credit condition and suggests an explanation of tho strength 111 French rtollsr bonds. The 7s im I 0 1 1. 6 do 6 pfd 100 loo i l' 1 1 I- OS 1 i I'M 5i I I'M 102'- Vt loj 199 98 SI 'i 91 130 57 0 6 Ail.M A ny. 9 9 Sic 4 79 I SI I. S- Tr 1'IH 1 SI PMA.M 4-U9', 2 SI I.

11 I.ie.5.1ll3 2 S.W-Al-' In 4. 9iiu SAL 4 75 3 SA rf 59 69 .3 I A adj 0 19 41 17 A I i on 11 7 ti 1 So.tb All Fla 6 1 1' 4 2ft 991, 4 if 4 R.i. 91 1 t-r-l '1 49. 90 i 110 Uv gen 4 59 S7 11 Rv 94. 1(19 3-S-liv M'('i 4.

92 4 I HI fU-KK 5.1'fj a im 2 'I rni A f-'t 'i- were at a new hluh of the. year 100 99 103 no 14 78 69 43 76 99 1, 91 90 109 92 103 SS 04 day and tho. 7 a 15s point oer 29 5-S 34 52 44 63 51 S32 30 3M 39 Saturday a. rloMng. 1 mi 1 1 C4 5 l'H I'M 10 3', 9 91 '4 1311', 99 91' 107 I'U'U 103 1011 1..

99 I'll li 411,1 411 'i 95 1 on.l v. 'n-'J I Ul 3 99 91 90 7 109 92 '4 10 3 1 ti 1 Collateral Modlnn 57 4 Rub. 59 42 Gear. .30 39 Alu go 11 A Sli 120 Nat Standard 53 34 Xoblltt Sparks 4S5 l'i North Am 64 13 Parker Pen Co 63 IS Pin Finrf 14 PuorACo 30 'i Ouak Oat ....365 14 Ryrsn JT Sn. 40 6 st.l Co A.

80 12 Stiklln Fr pf. 3" Steinite (' Rd 46 to Studs Mail 20 4 Spr Md Cp. 72 Swift A 68 Unit Corn pX. Stt 59 30 35 55 47 64 S3 225 31 40 29 29 'v 46 19 72 136 355 36 in LOANS tii Oakland Berkeley Sao l1 ran cisco 0 I -J, .107 I "3 I'1 1 I .01 95 107 l3 inn I'm-; ''9 1 "4 9S 46 19 71 136 North. American INVESTMENT Corporation 51 1 11 1 I'l AV 11,1.1., II ist a- lirjl 1..

2'1 16 4 'S2 4 l'o 4 17 ilo If. '6S 1' I 48 A Hi jl. Mi -it. K.i I --d. Libera! Joani on high grade stocks and bonds quickly made.

Total charges as low as $fj per ioo. Fifty weeki or ten months to pay. WATER COMPANIES INCREASE HEALTH Health of 'lis nation has been in-creased by thu production of p.ir water by water service conip.mlep In the United states, accor.lin? to the. weekly report on the public utility in.iiictry by the B. Foslray Th report follows; "One of the greatest safeKUnrds to public health In the United Slates today is the public; water uMIity.

snd since 1900. when the regular annual publication of ftstlftic? of deaths in the United States was begun, there has been a remsrkable decrease In the death rates from cer. tain diseases. 33 dS 87 L'ne Gas 3 t'n Reprodc. 39 ,66 6 is 1 1 .101 1 39 66 .120 62 irs.

95 4 6 91 102 X7 Fl 9 8 98 51 9 'f 9 4 1 1 1 88 87 54 81 94 98 87'4 S-7 81 54 51 1 5'a Rv 5-i 6 Wal, 5i2 "7, I 'al 4 1, -ts 1 IVfut Sli 4b I Vst MiJ 4s IVfst Md i' RUSS BUILDING IntKutmait' HnwnfM UIM a Sraaen IM 1-rssags Car fsiksngs 53 5J 43 21 FS 9 Fta Rad Prd. 53 3 Vorclon pt pf 56 25 Wilcox Rich A 44 32 Wm Oil Auto. 29 80 Zenith Radio. 67 I -on tj E. i' 6.

In-t nCoallld i SAN FRANCISCO MORRIS PUN COMPANY 115 99 5, 97 J2 115 99 9 94 93 72 54 loj 65 43 28 5, 66 do 6 4 Pnc a '1 9 8 OS In.t Ry A 96 96 72 Vi 478 TS.Ta.FTR STREET fctWukpna(wsT Wh A Cn 87 5 Total rales. S61.O0O shares..