Evening Star Newspaper, November 13, 1923, Page 23

FINANCIAL. PIGGLY TESTIMONY lU. . REPORTSLARGE,..” e e | changes on the curb marke/ today | night, it moved within a point of this Idaho, yesterday announced a-3260,000 | Genéral Motors Corporation in-Oéto- were mixed, with chief inte e re. in Ma th ny - dis- dividend, representing 25 cents a 5 S INthelt clns TNE il shiare on an insue of s million shares | P27 5010 88500 cars and tiucks com., tering in a number of spectalties, ‘o) | $7ibuted ¥2 & ahare, and 3 f g b pared with® 69,081 N 2. v 2. 0 stockhold 3 b, Offers . of. $15 Per Share stocks continucd:unssttiea, following e et et minei for: October Exports Mount to i “Fhis'culsce e Smounc ar gz | i 10810 I5 October. 1322, Octebr d " onday's action of « Crescent Pipe|lowed the report that the Unite 5 ends for 1923 to $1150000. The' preyious best figure of last May. Oc- — - * | States Cast’ Iron Pipe had advanced o output Is silver and lead. It 1 % Brouflht to nght Receiver- |Line airectors in passing the regular i 5 a ton, contin- 3402100(,!0001 While Im has been Inactive since July 13 of this ::2‘{,,’,’,‘;3:;’!:".,"‘5 ;'l’; )\‘43;:“ )a‘t?d a prices on soll pipe fuapterly dividend and the reduction | 104 *he wiock making & new hi year, when a firo destroyed the sur- | Cnalmers cars, against 6,070 in Bep-! ship Ruling Reserved. £ CendPerss Y pate on Ohio ONl trom | 73 oter however, realizing ;:}fi;: { ports Total $303,000,000. |zcc cquipment, - i th Prairfe Oll and Gas lost 3 polnts | She United Siates company Purchased H at one time and Ohlo Ofl continued : ; from the Centrifugal the exclusive | LIVERPO! TT A _southern farmer recently suc- Lo be offered freely, until it had lost | rient to mapufacture pipe under the | Exports from the United . Statos 0L COTTON. cenafully fattencd hogs on cattalla | LIVERPOOL, November 13.—Cotton Y Dy the Associated Press. a like amount. A’ break of almost —_— good business do: LO q NS . The - Magin of - B We De:‘nl:ld lomfl s Cligats. Investing in Our _ % - . -First Mortgage Notes ! ety abslute safety uoder any and all It FIRST MORTGAGES * FOR SALE Secured on Improved Real Estate ‘in. the District of Columbia Denominations of 3§50, $509, $730, $1,000. and upward, “JAMES F. SHEA Guaranteed -titles and- iussrance policies farnished with 41l Bowa T Notes of $100, $250, up to $5,000 Now on Hand For full particulars a 5 0'Donnell, Loan Deparcment > M= | CHAS. D. SAGER MEMPHIS, Tenn.,, November 13:.—[5 points occarred in Standard ! de Lauvad process, for which Centrif= | g, rine Ootober amounted to $402.- 3 B # 3 of Ohlo, Sty .= | —Spot, vt ot tostisiony-in the-veceivers | whilG . oiheen oy (eondard of Ohlo, e B roYlY: attracted at- 000000, compared with Imports of [steady: good midAling, & lightly under th. | A ship suit of Clarence Saunders u'“‘.!'.!nfle ler the previous close. T i hen it o ed 10 and sold |$303,000,000, leaving & balance of | middling, 19.61; middii; : Crebtl ention when it crossed 000,000, 3 ng, et il Corporation Was pen olls were not affected. | within a_point of its high for the | v 2 7 middling, 1. ood ordi 17, —from $100 up, quickly made on mortgages, ; e the Piggly “'Fz‘).r.]:y“wun sl lS,?:trln‘ern_mn,, was. dealt In'‘most Of | yasr. B poinpiof its BIKH: Lor Cat |trade !Ttorthhglsoo;‘l;;o:nlled States, | o Ty 1076 o opay Al siocie, bonds, et at leptl races o iniereat: 643 Louisiana Ave. N.W. 834 14n s W, = coneluded late yos o | ome time’ just under 17, agalnst’ the | the annual rate of 10 per cént. ~Op- jamounting to 99,000,000, including 5,800 American. Recolpts, contomtinl Addres Bos e, 8ot obenr | Lo, amination of the auditors who 3".0;[1: close of 16%, and' others|erations for the rise ' in-_Dubilier | According to the preliminary eti- |e——————m—mm—m——— T TF 7 checked the books of the concern. | tle changed. Radio continued and Gold Dust and |pmateq of the October foreign trade, | : Announcement 1 o The morning session was enlivened | directors had Weolaced o dimtiims e RnnITNGL mope WD sbout &1, made public today by the Com: somewhat by the declaration of C. n,sz.‘w @ share did not come as a su Copper_shares were well . taken merce Department. October exports Marsilliott, federal master in chanc- :‘{og(- l_r;_d had little éffect upon the!around their recent tops, but made |rrom the United States were $20,- ery, before whom the hearing has - That some such action had|no further headway. 000,000 greater than during Septem- ! St A gt e iy ¢ b 000, e been' conducted for several Wweeks,| NEW YORK, November 13— Follow. | Sales in INDEPENDENT OIL STOCKS. e ARal SEL MCAON AT CRIREADRD it dred: o - |ing is e October, 19 1d the “deepest contempt’ an official list of bonds und | hun e, ;::tnh:- h:- <on who took the undue |5tocks traded in on the New York curb| I Ark Nat Gae oods Movement Heavier. ntage of o October imports likewise increased 's, INVESTMENTS A Recent Careful Study advantage of a small stockholder end B D r 1 forced down the price of & stock for| o 5 1 14 04t Rerv pfd. markedly, being $27,000,000 greater . i : personal gain. i - ! Eaanas: BONDS: st Law. -2, ndota et e T ;'s'f.‘_'.',oof.f{.‘:,’},f"(e? i o —of the choice Industrial and Commercial Securities b " Stock Deing Depreaned. 1 Allied Packers 8s... €A%y 66 7 | $9000 C tember, 1923. <y A x N. Y. n = e Attorney W. H. Fitshugh stated| $AnGrolS U wf @ sl Ta “The department commented that in Most important in-the selection on the N. Y. Stock Exchange REVEALS THE FACT Sl or AT act tiAr vildes hag that the average yield from these bonds and notes is - that the hearing was causing depres 1 sion of the price of Piggly Wiggly| ZAm T & T 6 of the stock and exhibited cards which he| 34 ald were mailed by New York bro-| 3 juslo Am 0n 7y Jers offering $11 and $15 per share for| 3 Reabertoard Sx little during the year, the n trade of October had resulted in the movement of a much greater volume of goods than it did & year less than the interest being paid on our FIRST -MORT- FIRST MORTGAGES GAGE NOTES. This statement may explain why Aonl e ol \ the stock. - 3 Can Nat Rq Bqui Te 10T% 107% 107% ago. i ; e Testimony regarding the jssuamce| 3 Chmreeal fo Am b el s mats 1210 contrast with expectation of you buy is that they b d b, it tumanee owupanies always dnvest such large by Saunders of an order to all Plg-| 8 Cities Serv 7a D..... 881 & saa| 3 Matos & | fpancial authoritics. the movement g Y/ be sceured by amounts of their b inifirst Benat glv Wiggly stores in the United Col Graph & parcfs 170 17 1% New Brad o of goid into United States was the right kind of property, that the assets m “first liens upon real estate. States to close their’ doors when he| 3 (on Gas Rait 7n.... 1083 g Ik ona shown to bave continued at a very Owver ¢ property, t resigned as president of the corpora-| erre & Cs 3 |1gwvy rate during October. Barly in loan be conservative, and that they . S tion was ruled out of the record DY ( 4 Detroit City Gas &< the present year it was predicted that 2 N The master. Such_ an order, Mr.| 2 Detroit Ko the United Stat id become wn Quarter be properly safeguarded. . N NCE i Marsilliott held, could not aftect the| 3 o : ¥ | Sxporter ‘ot ‘goid. Tn ¢ Bl ds 3 PRpEES = h }‘AR.E }O Cl'{./'\!\ S of depreciated values, or e raratliort | inichtod hat he{ 2 Flaber Hocy ta 17 e rate e s of a Our thirty years of experience in {he gpeassgl of tdNideniy Sad Ieest your. money. it will begin immediately the considera-; } (R4 T50% 05 2 Wileox O & of $1.308.000, leaving an impart bal- 3 = 5 FIRST MORTGAGES on improved property in th 2 Gulf Ol of Pa 58 ( cvery phase of the mort busi- P BIVDEEH Ry RCIe ton of his decision. Because of thei =i ance of gold amounting to $28.560,000. Century rtgage busi: Mational Capital ? ! ;ro:;‘r;uhr:;u‘:mrbz:trg‘.u‘;? exal wacks I L e {For the ten monthx, including Oc IWithout ness enables us to offer the kind of * pital. : Ter to formulate his opinion. ! WAn b & e pid Wi ! s comp with net s securities it is safe for you to buy. - Efforts “to Create Market.” { 3 A Maitigsaph ot 21 |Snounting “to 195,655,000, a Loss 3 Ask M r 1 it ) 3149, 3 3 sk our Mortgage Department to submit detailed NEW YORK, November 13.—Several | New York dealers in inactive securi- Month's Sliver Figures. imports during October were | propositions. ate a market for the shares of those ¢« ties admitted that they had circu- sit 7 rized stockholders of the Piggly valu 927,000, against exports Wiggly Corporation and Pigsly Wig- of $7.522, y Stores, Inc.. in an effort to cre- | in ‘the' ten months' total of mer- | chandise imports and exports, the I 5 Candy Prod w 1Cnited States was shown to have companie ip B tr new wi shipped out $3.342,607,000 and to have They expressed surprise that the FOREIGN BONDS. 10N > - rednt SARRC'D BRIEES TR D oot e St mported” 33,267 153000, atiaining "2 | nounced he would regard as “con-! 7 Eing of Netn fu... 4= 04 2 Dorapt Mot o g St rade Rmouming . . . 2 3 ¥ tempt of court” x‘«}" arllflo‘n n’f “é"f"fi l x“!:m“mrm la-‘,z‘ ofs. ;‘t (£ SRR :J‘-;r-ax ul:rsumflol(-u onPwhich would tend to lead small | 6 Swis Gove S . 034 o lonths of 1952 exports were 33101 | P ckholders to become frightened | 23 Swim Govt Ge®. 9t o7 450,000 and tmporin wers S2ssnisy- il - Maini2100 1412 Eye St. N.W. 713 14th Street -~ Main 2343 H ; % able balunce to reet Main 2345 r the value of their stock, and said - did not believe their offers could | 8at construed. in uni Holders Keeping Stock. One dealer sald he had sent out a circular bidding $11 for the class A | rhares of Piggly Wiggly Stores, Inc. This is the stock that was ruled off the by the New York Stock Ex- change recently following an alleged “torner by Clarence Saundars,” then president of the company. He said he had bid $15 for the preterred stock nited States of $350,296,000. 2 Hleyden Chem 1 Havans Tob pft 2 Hudson Co ptd 2 Int Conerete T 70 Gulena Sigoal O... 0% 600 Humble O & R new 3414 1000 Inter Fet (o, Lid. 1% MORTGAGE of the parent company—the Piggly ! = O Kansas new Wiggly Corporation—and $7 for the | (oo & o S 3k i : The action of hr‘ukv‘l;sl ml maxklr‘i(l e i £ ’ ofers Yor the Piggly Wiggly stocks Vi ] i 3 3 & . diftered in ne way from their efforts ?fmhom I; | SO T RN R ] stock, he said, adding that thus far | . i e 4% | res % ! o L0 not neen par- | Washington Stock Exchange.| ! Tohcgsm et i Interest Rates 6}4% | | larly ul as holders seemed g £ and 7% || of their holdings. One SALES. Memphis man. the. dealer said, had | Fesvioeton Ges 6s -33-$00 st 10038, | All loans secured 3 3 5 = P titraistie e ;;‘;}En'tflco‘;- ;"‘-;.m ”‘“’m’; W_'m : n’ e aal modern homes and lm?i’3 DE VELOPMEN;‘EAIXDNGENERAL MORTGAGE BONDS pany. 'APTER AL | s rty i . s Gun 6 S5 tiom st 1005 LR Ry n best . ARING 6% INTEREST ; DRY GOODS STEADY. I - Gam ™ the city. Dated April 18, 1906 Iuterest payable April 1 and October 1 Due April 1,1956 Ask for Informati RRIS-CAFRITZ CO Washiagton Ruy., & Blec v 1,000 at 69%. Some Traders Are Looking for| ChapinSacks 55 pfd—1 at 0. Still Higher Prices. MancyOxll Jof NOT SUBJECT TO REDEMPTION PRIOR TO MATURITY and € per cent, Bpestal Dispated to The Star: : E BONDS. 4 ;e Principal and interest payable without dedwction for iloxes W YORK. November 13.—Cotton Bid and Asked Prices. 913 15th SELNW. ‘Main 617 1}; Secently prevailing high brices EUSCIOJOPINTY. | ks ; — — = Coupon Bouds in demomination of 31000, registerable as to principal. Registered Bonds in demominations of SLOO ani ome traders flt prices would) Amesiean Tel. & Telra. 4u.... v2ii 2% (- 30 G048 Dol 0 authorized ‘multiplies thereof. Coupow Boads and registered Bomds imterchangeable. i1l higher, as prevailing quota- ldgeld Deep Min. ‘o1 fons are under the present raw cot- n parity. Print cloths were quoted again at Monday's figure, 11 cents for the 64 by 66 and 13 for the 68 by Issue subject to authorization' by the Interstate Commerce Commission. 10 10 HIll T R Heela Mine,. 18 Homestake Ext . fowe Sound 70 Independence Co-Operative Building ‘Raw silk dealers chipped 10 to 15 s Association cents off their quotations to meet [ City & Suburban 5u.. Jowered prices at Yokohama, but fail- | Georgetown Gas 1st Su.. ed to stir much interest in a market k. which was labeled dull. —_— - SUGAR FUTURES HIGHER. Fairfax Harrison, Esq., President of Southern Railway Company, has summariced for us as foliows s let- ter to us describing these Bonds: g SOUTHERN The Sonthern Railway System, comprising 8,300 miles of lines, of which 6971 miles ave directly oper- RAILWAY SYSTEM ated by the Somthern Railway Company asd the balamce by controlled and offliated companies, serves the South with a met-work of lines traversing tweloe states with a pepulation of about 40,000,000. The System’s limes reack from the morthern gateways at Washingtos, Cimcinnati and Louisville, and {rom the western gateways as Orzantized 1579 433 YEAR COMPLETED Asse: Surpl Domini Porcupine. ... 10 Ohio Cop 10 Rex Cons 40 Kt €roix ) Raw Market Also Active in To- | Wasniagtsa cos 5 KanTor . Save Systematically St. Louis and Memphis, to the ocean ports of Norfolk; Charlestom, Savasnah, Brunswick and Jacksowville, and to the Galf | Washington Gas 10 Rilverdale .. ports of Mobile and New Orleans, passing through-the largest cities in the Sowth. ’ The most effctive metbod of sav- day’s Trading. .x;g i |:' adopt _a .ym.'--m ;.u'. NEW YORK. November 13—The d stick to it. Join the Equitable. early raw sugar market was firm and prices were ‘unchanged at 51 cents|D. C. ¢ for Cubas, cost and freight, equal to | Rices Reaity 34 (loom), PURPOSE The proceeds of these Bonds are to be nsed for additions and betterments to the Company's prop- OF ISSUE erty, inciuding emlargement of yard, shop aud freight facilities, additional tracks and grade improve- mewnts. It is estimated that these add; and improvements will effect savimgs over presemt costs of operation which will be equivalent to a returm of 20% om the capital so invested, as comtrasied with a cost of about 611% 40 §il_King Div 170 Bpearhesd Goid 5 Teck Hughes Wash. Rwy. & Elec. 4s. Wash, Ruy. & Elec. g. m. 6s. Subscription for the 85th Issue of Stock 3 .28 f trifugal. There were sales 971080 bugs of Cubas iz port to Jocal | Wit Furk ot ” B?Z‘SHJ”P‘“M " fo the Company of the money required. and outpo iers at 5% , cost 3 ares, $2. er Mon! . :):‘fsege;g::t 1‘:%3 :&::re?::&;,p::e STOCKS. s?b':?"z'n; “Coaro EARNINGS The Soushern Railway Company's. gross operating revemmes, met income apter deducting remtals and . to arrive early in December, at § PUBLIC UTILITY. EQUITABLE BUILD miscellaneous income charges, imterest charges and surplus daring the past 7'; years, with partly . o Satins tevat'of ot DOIO™ | ARSI Ton T NEW YORK DAIRY PRICES. ING estimated figures for 1923, have been as follows: - Ttaw sugar futures were higher an NEW YORK, November 13.—Butter 915 F St. N.W. = . v : continued covering in December and —Firm: receipts, 4,752 tubs. Cream- (| o= Year ended Gross Income Available Interest Surplus_over s ‘buying of the latter positions by both ery, higher. than extras, G3a! HN JOY EDSON, Presideat December 31 . Revenues for_Interest Charges Interest Charges trade interests and houses with Cuban creamery, extras (32 score), 52 : FRANK P. REESIDE, Secy. e e L e Bty connections. Prices early in the aft- packing stock, current muke, No. 2, 1916(a) 369,997,675 320,540,751 $11,206 853 E $9.333,598 3 e aiighy i s AR teniy: HiEAEE T 1917(a) 81385325 . 23813409 11453218 12.360,161 G e, e Pacift faast. whithe extoes. “ 1917(b) 49262013 13,734,679 5,570,609 7914070 - ¢ BUTTER IS HIGHER. 172a77; do., firsts to extra firsts, 63a71. 1918 126,574,297(c) 17,606,351 11897438 5708913 “AGO, November 13.—Butter. poCheese—Firm; receipts, ~ 99,663 | n19 129787 812(c) 17,536,425 12394358 SA41567 creamery extras, 51%; stand- e 1920 152,817,410(d) 14,626.259 12910110 - . 1,716,149 ards, 49; extra. firsts, 43a50%%; 1921 128,715,150 14892906 12866283 21026,623 u}pum b seconde ARl oo PRICE OF LEAD RAISED. 1922 128,489,347 21,657,486 12833689 0 . - 8823197 . Sggs—Unchanged; receipts, 5 NEW YORK, November 13,—The 1923(e) 150,000,000 27,400,000 12,900,000 11:500,000 ; cases. (d) Inciuding: operations under U. §. R. R. Administration for twe montis American Smelting and Refining Com- '1 (a) Years ended-June 30. TRUST COMPANY. pany today advanced the price of lead VISIBLE GRAIN SUPPLY. Amercss pecr & Trose 2 w0 oL G %o SU% oents Ben pousa. ) Biz monshe Dec, a1, 1017 (e) Octover, November and Deoember reyits eatimated. ] ” NEW YORK, November 7 1 g . 2 B igi : . visible- supply’ of America: Wy = BIG BANX MERGER. Net income, after deducting remtals ond miscellangons income charges, averaged mearly 13y times interest charges during the Trcreased” 2386000 bushola. Corn. ins | Waeh. Loss ssd Triki. 18| LoNDON. November 13—An ex-|[j [ Secured on HOME PROP- Seriod cevered by the above table, and for 1923, according 1o present estimates, will amount to more thow twice interest charges creased 215000 bushels. Oats de- BAvINGS RANES. - """ | traordinary general meeting of the 3 ;I‘HZS at less than one- CAPITAL - Since the Development and Gemeral Mortgage wes created im 1906, the Company's capital expenditures creased 215000 bushels. Rye increased alf of value. EXPENDITURES on the property ject to the Mortgage have exceeded $145000000, of which more than $50,000000 ¥ Shiln @ | Commerce and Bavings.. 412,000 bushels. Barley increased 493.- | BOT™; ' 000 bushels. m""l:'?'n":." - has ‘been derived from surplus earmings. The mew capital has beem used to provide improved omd in- ree come-prodacing facilities for the eficient and ecomomical hawdling of trofic, and has beew respowsible, in considerable degrec. for the substantial increase in._earmings during recent years. S PROVISIONS The bosds are isswed wnder the D evelopment and Gemeral Mortgage, dated April 18, 1906, with & Guarawty Trust Company of New York, Trustee, and the principal, as well as intetest at the rate of 4 per cent per aumum, is secured by the lien of that Mortgage. Pursuant to a Supplemental Indenture the Company is to afix 1o the Bends its -ebligation to pay 2% additional interest, thus making the total interest rate 6% per anwum. The 2% addi- tiowal interext -obligation will mot be secured by the Development and General Mortgage, but in the Supplemental Indenture the Compamy will cevenant that it will met create any new morigage upow amy part of the railways subject to the Development awd General Mortgage unless such mew mortgage espressly shall ‘secure the payment of the additional interest obligation ually awd ratably, with the indebtmess secured by such mew miortgage. The full interest at the vate of 6% is combined in the coupoms. This Is the Safest - Possible Security Guaranteed Title Investment from $500' upwards Waggaman & Brawner, Inc. .l"lllllll 7485 732 Seventeenth Street N.W, Bank, Lid;, and the Lohdon and River Plate Bank, Ltd., the new combina tion to be known as the ndon and South American -Bank. The com- bined bank wiil have a capital of £3,540,000. TED; IS OUT ON BAIL. Justice Stafford of the District Su- eme Court today released 6n $500 il Louls Vitsky, who was taken into custody last night by the police 75 | at the request of Norfolk authorities, * 120 |who charge him with non-sup) a Hol. Con, Gld. *+ Tydrox Corp. pi Nebraska Power. Ohio 01 TITLE INSURANCE, Columbia Title. Real Estate Title. MISCELLANEOUS. Dec. EX-DIVIDEND TABLE. - Campen Boup 7L 150 | 2 1810 | T wite s ehiiay Vitaky 18 twantys | ' EQUITY The Compeny's outstanding Capital Stock ‘consists_of 360,000,000 Preferred Stock, os. which. dividends : Century Ribbon Mill % { Old Dutch Market pfd. four years old is a_drymmer in . are being paid ot the rate of 5% per amnum, and $120,000,000 Common Stock, upon which, clthough so nsolidated Cigar Las a jass band. Hearin, he hab » il i Conien & Co., Bt :.'.:_'\P““; :‘;’fi" A WHit was sutiaduiad Tor F;d}",’f dividends thereon are being paid, the company will show earmings of abous §10 per share for the curremt year. - : F or Teere & Co. pf.. Duguesne Light ‘18t pf., 4. General Asphalt pf., Houehold Product Toland Steel, g Toternatioual 8 Liggett yers, g... .. Liggett & Meyers com. Lima Loco,, 5 Manati Sugs Attorney i'red Swindell appeared : ¢ - - = : THE ABOVE BONDS ARE OFFERED FOR SUBSCRIPTION, SUBJECT TO DUE AUTHORIZ4- . TION.AND ISSUE AS PLANNED AND TO- APPROVAL BY COUNSEL, AT 96%.% AND AC- CRUEDINTEREST FROM OCTOBER 1;1923, TO YIELD APPROXIMATELY 6.25%. —is the return on Con- sumers Power Company _First Lien and Unifying- Mortgage 5% Bonds, due 1952. Net' earnings over 314 times -annual - bond interest charges. Subscription books will be opened at the-office.of J. P. Morgan & Co. at 10 o'clock’ A.M., Tuesday, No- “ wvember 13, 1923. - The. right s reserved to reject any and all applications, and dlso,-in any’ case, to award a smaller amount: than applied for.- The amount due on allotments will be payable'ot-the office of J. P. Morgan - & Co., in Neiw York funds, on or abowt November. 23, 1923, against dclivery of J. P. Morgan & Co. - Interim Recespts,' exthangeabie for definitive Bonds when received from the Company. N GRS % . JLP.MORGAN & CO: H Pure q. Bchulte Retail Stores, 8% cum. pf. stocks) Schulte Retail Stores, . Southern Plpe Live, q.. of I ;.3 ' AT OURRENT RATES OF INTEREST oy Standard Ol of r_‘ 22 P . . 8 q. 1% % ¢ R " e 3B eiacing o “‘fié ¢ : . :dwe ,7 FIRST NATIONAL BANK, New York_ . *° .. ' THE NATIONAL CITY COMPANY : P T i Randal? T Comslete. cirgular on re sty ~ HARRIS, FORBES & CO. % : 2 Am. Metals, 73 o e quest. 2 i o S s = - Latiche Qa0 % g / -%nu &G The National City Company GUARANTY COMPANY OF NEW YORK . BANKERS' TRUST COMPANY, New York - Ehoenls’ Bovery ot 4 %% ' 907 Co: : ; Washington New York, November 13, 1923. -, ik : Nasiastan 7 Connacticet Bonss 741 15th St. N.W. ; ; : di %8 BE ‘Telephone—Main 3176 As fll. of the abeve Bonds have b«_- sold this adgertisement appears:only as a matter of record. t o B N R T Tor