Evening Star Newspaper, November 1, 1925, Page 56

FINANCIAL. WASHINGTON," D, e SUPPORT IS SEEN THE SUNDAY BSTAR, C., NOVEMBER 1925—PART 1. FINANCIAL. l BOND SUMMARY FOR THE WEEK 'BANKERS’ WEEKLY LUNCHEONS | RAIL MERGER HINTED. Last, Yien | PAY mom: INTEREST| INLIBERTY BONDS Traction Plan: Still Myst “m active wading. ~ Aside from a| i 5 S stery. ‘avorable earnings position, it was re- . 9 Belief Expressed That U. S. Argenuna gs. 195 YSrer) vorted_that negotiations ot e con- ||| Commercial Nat'l Bank WE FINANCE » : Much Lo Auserian Govess, .. 94t a8 e | “olidation or the Atlantic Coast Linc B ik s 50 mcuine Sro diskiepeoniety Loans Will Not Go Muc " Austrianf 78 1943, 100% 1004 By 1. A. FLEMIN | small subscribers heing all treated | With Loutsville and Nashville w 14th and G Streets L Specialt Beliloe 6a 1958 864 8818 3 | atiice=—five: shazes to eich apdcvery | EOME ion & Fhe fuct Atlantic Resources $17,000,000 Large Loans a Specialty er on Present Move et 5 109 109 Washington bank officiale who make | 31K 0ve Coust Lines system traverses a ter- R ts nd eamistion g | Belgium 8 1941. 107% 107% @ practice of attending the regular| (TN ke had been [Tt section of inercasing pros- || k. GOLDEN DONALDSON, PR e 3 S | Bordeaux 68 1934 844 f6% Weekly luncheons on Wednesdays at|.pifiing - investments prepuring to|Derity alsu bas had® an influence in Higbie & Richardson, Inc. ! R i Brazil 85 1941 94 1015 the City Club freely admit that' they | [y 08 paNERRETE REESNCIE o) | the market for the st —_— 816 13th St. N.W. BY GEORGE T. HUGHES. | Canada bs 1962 103 = have been greutly enlightened and|.lotment, and all except the little The new hish sellinz prices for BOND SALESMAN K eclali Digsaieh o Tha' Star | Cancda 5%s 1929 102 benefited by (he conversation between | futlows wre in u biue funk over. the | Seaboard At Line common were ai- - BOND y e = BTEYORE. Getibat a1 Mhelsag) P e 102 men in the same line of business at|whole affair—the little fellows and the | Fectly due {b the accounts of im-| Ol established fret mortzaze investment M to Loan hg of Libertys and the ups and| Chile 8s 194 109% thexe functions. | Pots mac efcials who planned the sale, | Provement in Seaboard's earnings | [ESq UERree, (b Aty oney D e ik e T vtats ool cany] Chile ss 154 While not directly an adjunct of|' The Jatter {orlowed the scample of | Position and the glowing reports of | ™ Bermanent mrofiaie Secured by first deed of trust on real estats the Fremch, were featursa of the | Chiness Govt Ry §x the District Bankers' Association.|the Washingion oo s ale of | ProZhective. business resulting from | produer™wiin "ahiiis o P el 450 Wash. 1o & Trast o meiats Touer D | Copenhagen 548 1944. . . these weekly gatherings are really an | 10-year Gu. back in 1 e eier. llm Florida boom. ¥ e e o L B . Joseph . Weller 52"50 % F V! f Including not only the entirely tax-| enmark 6s £ ¥ the g a_ai psed plans ad-| to-house canvas. 1 ment. | sxempt 31as, but several of the other Dutch East Indles 6s 1947, vanced by officialdom of that body are | Potomac preferred stock is to be de- STANDARD O’L CUTS < will_bhe held strictly confidennial 5 » Libertys are explicable on the ground | Dutch East Indies 6= 1962 freely discussed. as are hundreds of |ljvered. or the temporary receints ar"‘ ___Address Box 415-M. Star Office. - that expected lowering of income | French Govt 1 1341.... siinlh gttt And iteme m:”l’r;l:r'e;: to be. through the hank recelvin the GASOLINE IN OHIO We Offer an \ taves - classification | r « and « 3 subseriptions tomorrow, 2 e- i e b e Crean running fire of small talk during | celving @ commis.lon of $1 4 COLUMBLS, Ohio. October 31 P | Irs r“s 0 es tive. But piobably shére has beenta Holland-American s f 63 1947. luncheon has nothing to do with any ereon. | —kffective Novermber 1. the Stand. | Unusual . :-'3-1 1’-1”( a\ 10 by banks, who | Japanese 4s 1931 ] thing that is not of vital interest 1o Sales of the new Potomac preferred jard OIl Co. announced today the 0 tanit LR SR e | Japanese 6%s 1964 the banking business. opened on the lecal exchange at 104 | price of gasoline in Ohio only will pportunity e et 5 ety Tergens Utd Margarine 68 1947. Liast Wednesdav there were present |and cased off after sn or two. | be reduced 1 cent a gallon maki oIn any case, prices are nol nk‘m‘ st o 5 At this function 18 representatives of | This will zive the fortunate =ub. the tank wagon price 18 cents a or lnvestors 0 \ e e s Marseilles 6 {local financlal institutions, including | scribers a profit of $5.50 a share, less |lon and the filling station’ charge Slow persecauye of the iaptonicha: Netherlands 6s 1913 the Security Savings and Commercial, | commiss the su'e cents, including the State tax of the British ey ument *]\"‘j e Paris-Lyons-Med fs 1958 the Bunk of Commerce and Savings. | Myster: : . ol me i Ldshi TS s oy Quecnsiand 681947, McLachlen Banking Co., Northeast| . S e Secured on homes occu- Liberty bonds at par. | 1100 Queensiand 7s 1941 «nd the Washington Savinzs '":;"",“;:’"";'(‘]"P"'{." LN A e 0 Sec y i ¥ ans jorth Americas o French Bonds Recover. g Rio de Janelro 85 1946..... Also of the Second National. P e - I St . v - Sivnid W rarinl Teidieat 7 e bween| LY Sa0 Paulo, State o, $2 1936 [ Federal American. Farmers and S| In the treatment ‘ol its Washinzton - First Mortgage Notes picdibydichiownarsdiie had a substantial reaction, but later geh‘;.gwt ofs;"h ;:T‘:l‘“» Ll_hn-u"i\;‘x_ium:‘ll. ”.lfllfll* & ‘\‘.;,l:r Apparently the talk s above QUICK LOANS et AN etiseaat remit interest and look the loss was in great part recovered. scEbaCrotes Sloven 2 ik sl i neolt I hoard. but that this great corporation 2 5 o % - 3 ‘nlike the French francs, fluctua- | Swedenfslong... <Cadn Commercial Natlonal| should have zone as far as it has in e "’“;I:;"t'nl"”‘f.:’% Equity Residential Properties aiter property. Amounts, tlons in French dollar bonds are mgt Mitea Kingdom § Security £nd Trust Co. the Manaw | investments in Jocal corporations with 5 Denommupom of $100 Up = o a fair measure of opinion as to the United Kingdem 615 1937, Trust o, the Merchants Bank ang|Cut defintte ends planned and decided |fi No Waiting—Courteous Service $2,000 and $2.230. state of French finances.. On the ust Co., the Merchants Bank and | 5055 hard to belleve, i other hand, there is alwavs a certain | e INDUSTRIAL AND WIS L Trust e Jnternational Bank and | %" the gossip of (he street that | I District Loan Procurement Co. R, amount of selling by nervous holders | O A AT R e IR Where such # lurze number of able | e 15sue of preferred stock of the [l “yniz ¥ st N.w. M. 4138 A Limited Number For Sale ‘ s s g gl g J08b: 103% Am. Smelt Ist ts 1942 young bankers meet with intent and | hotomae Blectric to. was made o1 & Onen Evenines » impending in Paris. At the close 374 99). Amer Sugar Refining 6s 1937, desire 1o he mutually useful and also | o5 ip | the week all the foreign group, which had been unfavorably affected earlier by the heaviness in French issues hardened materially. German oblig: tions were again the favorites among European bonds and Brazils among of South America. The yields Addison, president of the | ital Traction shares. 3 E MAND nable in this form of investment ‘éi‘.'h'.':.',.‘,fi‘s‘lii.':..f’s'.’ms : s’ Association, presiden, |, A local paper referred o Capisl are still higher than are to be had | BeihIc o St s eaniuia : in his absence one of the vice presi ,‘g;l:‘[“;’\"e o Lo B R anywhere else. | Chile Copper 6 1932 st o g v ng trade| There are scores of people who for- WE have more applications Two Notable Statements. Cons Coal (Md) 1s ref 55 1350. Hedie y gatr A9€ | merly owned the stock between 120 ibl : IT w speculators have heen ab- | Cuba Cane Sug cv 2eb £ 1330. toples are discussed. Always some ane | 1\ 1i5% nd perhaps higher than that from responsible parties, W bl iomssmiigR sl g tinst Detrolt Edison ret 3 1940. has @ brablem Lo offer for discussion | Tile i ‘dectine of 191213 took much | for funds to finance the in- REALLY 2 : ki | Dodze 6s'41 e o 4 of this value out of the stock. The| AsTats : " the stock market is going to do next, | s sufficent around the biz board to dis- *~liation of home improve- Bt 13 &oing pire Fuel & Gas 7%8 1937 = hears worked very hard then. and the | ;::g“gv)\]'le("ullnx“:;;::r:n:!‘:‘l‘: r‘;x:p"-i;‘r':x‘;{:' | Goodrich (B F) 6%s 1947 cuss .;(v;‘:lt:-.;v;‘nt:||;:: Iaries upgihat {Biciet coriideren It & move toiD i 's by property owners, than MAKES S 7 g Goodyear Tire 8s 1931 280 2 %= Lo oot i flw ommon fe ce cai cance of the paper presente by Prol. | et submitted to the attorney of ti or-| ! I line With Haliway common for | nave funds available. Hence LITTLE W, z tipley of 1:4;,\4“1:1 _‘ini\em}é\ . Humble Oil & Ref 5%s 1932, ganization for solution, when Frank | Wiiiat tocer, the, e vour investment in’ the stock DIFFERENCE s M ‘;’"h:"hu‘_v‘e‘f;“ogi ;:?e’:"\;jl:"_‘g:f"’fi’-d Soptnithe usiocielia TmeriN al Personal Mention. i of the Oil Burners Finance Corporation will not . utility securities by President M. S. | Cr Paper 5 s 1347 courts will. in all probability, finally| iforge E. Fleming, vice president lie idle. The Capisal of this Corporation will he PR AR he Bl B ot Ao crERD, b lof the Union Trust Co. is spending a 1 s To the owner of our | o b IniematicialloNEee M ere are always enough problems| well €arned vacation in France | used to purchase—at a substantial discount—notes MORTGAGE NOTES w . e Springfie] 10 pro! ol - Dy a sav = 1 of. Ripley points out the trend | ook e besl to make every one wish for a longer | Wade H. Cooper, president of a suv- | secured by endorsement of responsible dealers. It i ackawan ings bank and trust company, re:| >, - o THE e e T ns et :’:;"1‘9'4 . em i ind Ciening pace be| contly returned from abroad. | can readily be seen how this stock should earn dustry broug out by Manat| Sugar s f 7%s 1942...... 5 2 o'cloc | ! = s s - As b distribution of stockholdings. ~ He | Midvale Steel 55 1936. . Toam wln s e Duslness! Jealotisy | Absent = = i well over the stipulated 8 of the present issue PRESIDENT stresses the point that while theoret- | 101% 074 New England Tel bs 19 - 100'% 100% 100% 100% | . 0 IR noparCr e Tasine BALTIMORE PRODUCE. =L f th fcallv the stockholders are the own- | 114 1087% ew York Edison 18t 6% s |2 D DR £ e % 3 Write Today for Prospectus of the - S e S em VOrk Edison iat ou jealousy that was such a prominent | BALTIMORE. Md. October 31 Yy « fazt control and ownership are not | 97% 93% ew York Tel 4148 1939 feature of old-time gutherings of | (Spectal.—Current receipts of native and Full Details. UNITED STATES synonymous and that as the number | 107% 104 New York Tel 65 1941. | bankers. | On the other hand, perfect | und nearby fresh new luid ez&s con of stockholders increases it is becom.| 99 North American Edison 6s 195 harmony prevails. Cards are literally | tinue to run very light for the past|| ot because of any lack of ekl * s k: orth 4 laid on the table, face up and actually, | week, (and most sales on this class | | riotic interest or. perhaps ing more and more easy for a small | 95 Pacific Gas & Elec 5s 1942. s 1 triotic interest or. perhaps minority to direct the affairs of a| 94 Pacific Tel & Tei 5s1952.... “";‘"d*"‘h;";‘l’; : ;’e benkers tell eachil of *stobk were made at a preminn - rty lovalty: but simpl LOREItYE0 0 Iec Talrs cof 8 Tont 3 other of pitfalls that they have avoid- | over prevailing quotations. Practi-| - T L C W se of the absolute x sreat industrial and utllity corpora- | 103% ey ed. some they have fallen Into and | cally all destrable mearby stock sells International Building 1319 F Street N. W. A ofthie absolute sad tion. 1blic Service 6= 1944.. Ciiaa tiof and what thaiberve he t & Aithout bl Edienian < the inv men : s o ceibiciamiisi| 97 Sinclair Oil 7s 1337, vorked out of and wha 3 v the street without being offered on | i < SRt Se s o e et Mo e ot 1 {15’ proper! methor of treating his | eXehange. und a5 4 consequerce the | Fhane:Main pov) | NO MATTER e e o ’ i ¥ | 105 South Porto Rict 5 or that situation, local egz exchange has had no offers ! | el {‘P]“".|(h“‘j]’ 'f_;” . ‘m!:l‘;z‘ a8l Cnion Bag & ! In the olden days some of the men | or hid the past week. The market WHO IS IN stion ¢hat: the remedy is pi i United Drug 6s 1944. : | around the table would lsten to all | closed firm today at 50 a dozen for supecslnion - ef | privace s indusstial en S eoe U'S Rubber Ist & re hs 1947 90 904 59% 90 | other plaints and opinions, but would | firsts in free cases. Prompt ship- AUTHORITY e oot g U} Rubber 7138 1930. +eer 107 1071 107 107's | be silent as to giving information and | ments are advisable. however. s the beving e publichinteceat B astithel ey U S Steel s 551963, 105% 105% 105'4 105% { would refrain from making a clean | trade will not pay thix price unless It is a real satisfaction to pos phrase is. ; : | 9e Utah Power & Light 65 1344. .. Bt showing of their own cards in various | eggs show quality. sess such securities and have Warns of Speculation. £59, Carolina Chem s £ 78 1947, matters. | “Althouzh Thanksgiving is still some them, at the same time. vield . Investment and speculative buying | u:;‘ ge‘sten;L'Lnlnln"l‘seIG"(.l- 1936.... Each week, the presiding official | way off. the demand for turkevs has 6127, Give us ‘n u,\pmw:yv?‘\' 1 & Sese. | 99 ilson & Co 1st 6s = calls, personally on each man at the | shown some improvement. and all fu vou details with li Rentedly migh prices has been based on | 100 WliscspEcorxjenisil table. Tefore this ‘the conversation | desirable young. birde 3 " ponnds INCOME, OR CAPITAL PLUS INCOME? fetails with 1t O D LB DECCRNS ased on | RAILROAD. has been directed to “Tom,” “John.”|und over meet with ready sale at 3% | the idea that the opportunities for | Atchison gen 18 1998, . or some other ziven name. but the [and 40 a pound. Old toms and old T expansion and for profit were unlimit- Atlantic Coast Line 13 s 1952 formal “Mr.,” attends the round-table | hens, however, are not so ive at g 5 5 At ed. That is the underlying reason | Balto & Ohio gold 48 1943 call of the roll. and each man is re. | 35 to 35, Liberal shipments are not' Fortunes are mot founded on AN e why automobile stocks have so far | Balto & Ohio cv 4%s 1333 Guested. as briefly as possible. to de. | advisable, however. It beime a little 2 SHANNON & LUCHS outrun railroad shares in public favor. | Balto & Ohlo ref bs 1995. Al s i et S o e it i Hicone saped LS INGE 1f, however, the opinion should gain | Balto & Ohlo 6s 1929 . 102 z ,,,‘,;‘lnq"&‘:m last meeting. h?,?,,’fl.fi;" . eu,’ur:honrhlwfien«nr}ave I \ncome spents SO 713 and 715 14th St. NW ground that the time is approaching B&OPIttsaLE& W Va 48 1341.. %6 ‘ e Ll X % ast week. and | 4 . 3 2 Dita : an th St. N.W. when the state will have to step in B & O Southwestern Div5cfs50. 97 97 964 | Believe It or Not. e "c"‘)’;'[‘""“fi',::; Hie nabe weck: dnd and converted into capital that to protect the interests, not simply Brooklyn-Manhat s f 64 A 1968. 90% 90T% 90w L ay believe it not. as the = s e ox : £ o LA el il I of consumers but of investors, we Canadian Northern 6%s 1946.... 117% 11713 1175 ||r\.§,‘a,“.§’,fi“',‘;,"m,s. BB ncaLly (every one||aan: Lone: andian -hpward Hendencys| vields additional income, is the are on the threshold of a new order | Canadian Pacific debds......... 80l 801 794 804 | present at the luncheon has a tale of { zood and constant demand at 27 and | kev to financial freedom. “Our— in_the_investment world Central Pacific 45 1943, 3 an attempt to obtain money by a|3g pur Leghorns and small and poor ke) oy bt Mr. Sloan said was only what Chiesapeake & Ohocy 433 19 | round-about way. not recognized in|grock will not bring over 17 and 18, . ad been said several months before | esapeake o ) - good banking soclety, the favorite | \Medium to large sprinz chickens will | | 1 AGES e Ly Samuel Insull, but the repetition 'E:T.-pe..{:‘;l‘:Onlh",:vls!:O’“-” | Frethod belng by meens of checks | ner mrme” ane jobn i chickens i) 6% FIRST MORTGAG Apartment Hou-e shows how important the matter P e L U |drawn on_attenuated accounts that|except for small and poor. and Les- ||| mers—\\e er- i< in the minds of the responsible | A el are not sufficiently robust to stand the | horn springers, which sell 20 to 25 |l Owver a —may be bought on the partial s c utility executives. Mr. Sloan Chl & Hastarollingn el . | pressure; many by checke drawn on | Geese made their first appearance i 1 ay be boug parti 0T tests against the prevailing unrea Chi M & St Paul cv 438 195 mythic > accounts, not a few forgeries | of the season this week and meet with |\ 0 payment plan: they encourage . Soning speculation in utility stocks as ChI M & 5t Bl gon iibans | and plenty of overdrafts that re not | ready sale at 23 to 28, while ducks Ouar, Y Th 2 | o pmperl\' certain to do the industry zreat harm. M& St 2 |in themselves considered sinfu he | reman. steady and show little change ' saving. ey are secured by The utilities are limited in the g:: n::§: g::} :5(54.’/2.;“010 | maker is rated A-1. | trom lasf{ week, selling at 20 to 26 as to | ||| of a [P_ el ot vl ans tenanc amount \v‘?eh can earn for their stock Chi & Northoressorn 6%s Aase At each meeting the story of an | quality_and_conditio Gutbes gowil ] positive real estate values: the save owner holders by the contral of the variou Chicamo il e E1asT | inegitimate effort to open ~equally | and pigeons moving fairly swell Century safeguard vour capital Their e n=ons R I Reining s | 31 ChiR I & Pacific ref 4s 1934, 79% illegal business relations is rccounted. | 76 and $0 each for the former, and Se T pOlTECApE attention and 4 showid ever Justify: Shme fof itHe ire 4 Chi Union Statlon 4 ks 1964 43| A broad smile usually goes round|.nd 30 a pair for the latter. thowic interest is paid promptly and profit. . GenUswlidly nflaced prices; Shitch no ChiUnion Station 63s 1963. . 117. | the circle as some bank cashier tells| " Market for white potatoes rules vers : L A : g A one well informed expects, there | Chi & Western (nd con 48 1962 78*:'"“ story of how one “Mr. R.” asked | firn,, but rather unscttled. the de never fail the) assure your - would be an immediate and proper de. | CCC&StLreffsA o 1037 [to open an account with a draft on | mand. while brisk. being apparently | Loss = mand for a lowering of rates and Cleveland Term 5%s 1972 105 | Omaha. or some Western city. offering | cpecuiative. Receipts are moderate come. a cutting of operating profits. + Colorado & Southern 4%s 1336. .. %% |a s2.500 document. and asking the|and ample for ordinary consumntive i S g ‘ Cuba R R 55 196 | right to draw $25 or even less | demand. but 4 zood and steady move. | Curious Contrast Noted. Delaware & Hudson 63%s 1937, . | "Bankers are skeptical. They are as | ment is noted even on MeCormicke || It is a curious contrast that the Den & Rio Grande con 4s 1936. near hard-hoiled when they come t0|and red potatoes. whihc ordinarily |[| railways have been told that 5% per D& I G. West 55 1955 ¢ | Gealing with strangers as it is pos-| move slow. No. 1 stock brings 3.00 | cent s a fair return on their ‘prop Detroit United 4%s 1932.... | Sible to be. and thev guard safely per 100 pounds. and culls and i ge ty invested. while the courts have Erie 1st con 4s 1936. . .. that committeed to their care. .00. Round stock po- | | % % - ircedom from ®et 8 per cent as the figure that Erle gen llen 45 1996 Each name as it is presented, if 50 to per 150-pound 1< s the utilities ought to receive. This Erle cv 48 A 1953 new, is generally copied by every one | cacks, while long stock brings 5.25 and details later doubtless has a good deal to do with the larger demand for -utility stocks | FlaBCs ... . tionable possible customers to he | price. Sweet potatoes and vams in' B. F. SAUL CO. ! over that for railways, but it is not Grand Trunk & f deb 65 1936. ..., | guarded against posted in suitable | cumpathy with the white potato mar- . | Stooot W any defense for such stock market | Grand Trunk 7s 1940. 5 | place_in the various hanks. so that | ket are firmer, and values a shade ||| 5 15th Street N.W. extravagances as have been seen in Great Northern gen s%suu. & Mr. Fraud generally is stopped on | higher at 3.30 to 4.00 a barrel for i Main 2100 the past few months. This is. of Great Northern gen 73 1936 1104 11v 110% | the initial effort. ! the former and 2.50 to 3.50 for the ,‘ e i s vestors, bu % a7 always crooks, S vs 8 2.00 rel, a the latter are. vitally concerned in | Thjncls Ceptral 534 1 ; 0o s | S n 2 (Rererare be: i Dit baserull| DLl lh oo ders aoriin 0.t A Ers MlIlIllIIlII||||Illlllll||lllllllll||llfl||!IIllllfll[l]III|IIlIIHIl||||||l|l|Illillllllfllllllll|lll|l|Nlii|IIl|l|Illl||||||IIIl|IIHIHIHIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII||||||||l|!|||||l||l|l||Illlllllllllllll!l‘M the slakv!ll()‘(_"ofvrv?;‘e {ndustry. }";::: fi.‘;fifl ;::2‘;:: :: SRS with strangers. to quality and condition. STEEL OUTPUT GR70WS. ing quotations: | 91 & fxes s % y9% 97 Lake Shore 4s1928... greatest benefit to the District Bank- Beets, 2.00 and 3.00 00 o Two Big Concerns Making Best| $3% ST . Lake snera t 1521 n e ciation, ita abfecta mimarantilis o tie e o oy P s carERiey iz v, 9% 9% rogres: bushel; lettuce, 50 to s . - s oottt T 1ot 104 108% 1044 Louss & Nash lst ref 535 P F his statement is true, then it is U129 perEa by bates sound advice. \Vith a merito- TOUNGSTOWN. Ohio. October 31 ! 'gg 5 il Elec Ry & Lt 1at ret e 61 equally a fact that bank officlals are 0 546100, por 100- bt i : () —With both Youngstown Shcet | joa% e 2 L D the greatest losers by not attending basket: pumpkins, 5.00 to rious record of over one hundred Tube Co. andiithe Qarnegie. Steel | s34 M EanETiradmicaee 83% | these weekly n\(ceungs—ll Dot TeEu- | 10.00 per 100; spinach, 150 to 1.7 < 0. increasing steel prod .o : 89's | larly, then as often as possil { bushel: Savoy cabbage, 35 td 45 bushel, 4 S rvic o e 3 . zcneral mill operations in the Youngs. | soe b LAl R 95 | It is not obligatory that you bring | and turnips. 20 and 30 bashet vears of service to the people. the town district next week will be closer | g I e e 5 | a story with you, but if you have one | o Dol e 1 resources and (01 9D) per Eont of ane Nty ther o | o NOTex & Mex inc 8s 1935, 95% | Vou are increasing a crook's chance | pypasy oy racking of ample resources anc i per cent schedules announced today | gpys New e LSRRIy = 94y 93% | of doing business by siaying away | LIVE STOCK. 2 s % showed. This is the highest point | 1o0m Rt b 6 ',, b+ 101 1014 101~ 101% | and withholding information. | BALTIMORE, Md., October 31 (spe- benefit of experienced management, fofle sacheq s ety 13% N Ch & Se Lo thn g, 135, .. 1084 108a 108 108 | * Frequently two or even three rep- | jal). _The general live cattle macket g : : ; The Carnegle Company will raise its | 9er N s 974 | resentatives. of one bank-have at-|rules ouiet ond ey Mat i LTkt The Mletropolitan .offers you the e e e e T e NYNH&H cvdeb 651948 £ | tended. ot lumhmn.lelzlehcl|ange the receipts being lizht % & a ube’s stes utput will | g7 i e he regulal ednesday S ion the wharf and sample a k ot 1 seifvice s . 1 be raised from 75 to 80 per cent. & e g 684 | of Dank ofelals have done more 1o | yarde: I)gmun:d{alrl\nfl(‘tIl\z'hl%:l:,:: utmost in sefvice and protection. =Fa ) i o91% Norfolk & Western cv 88% | promote efficiency among the younger | ‘tle of first quality, but slow and in. WOOL MARKET FIRM 1 133% Northedn Pacific 3s 1947. . 1403 | hunkers: to bring about complete | jifferent for common to ordinary A " e Ll o) Northern Pacific 4s 1957, harmony and unity of action among | stock. . Choice Spring lambs a shade QAs little as a single dollar identifies you < s 1080 Northern Pacific ref imp 6s - ine bankers of this city. with ""::‘;‘fl’"\;r. light receipts and good de- = s S = ; | 108% r A haps a few exceptions; more (o ¢ mand. 5 Slenae T f the ST Price of Fine Wools for Worsted i g;:_av»;::;lxt‘x;.r:x‘:-l:n‘zls. 2 e forgers ;,k,;dxlein skulduggery: \Quotations today at Light street with the savings dept. of the OLDE! Trade Are Increasing. 5 to stop check kiting and to advance | har: Beef cattle, first quality Tats 3ank i istri £ Co= 5 e e ahaplvanln keI the cause of honest.bankinz of the | pound. 9 to 10: common (o medium: National Bank in the District of Co fpecist Dispaich to MheStat | 1043 Pennsylvania 6%s 1936 District Bankers' Association than | pound. 3 to 8. Bulls, as to quality e BOSTON, October 81 —Retlve.tdo-jant Peoria & Eastern Inc 4a 130, any one other thing that can be|pound, 4 to & Cows, choice to fancy. umbia. mecdles demand, (caupled with mepotta)| F4m1y Pere Marquette 1st 58 1350, named. pound. 4 to 6+ common to fair, pounz from Australia of a strong market at | 98% Lo H When men like those who attend | to 3. Oxen, as to quallty, pound. 4 = i e o g g o [ Rio Grande Western cit 4s 1343 { these meetings spend an hour in dis- | to 6. “Milk cowe, cholce to faney. head, it 3 : . s i Ray bl R A g 4%8 1934, cussing banking topics other bank of- | 50.00 to 75.00; common to fair, head, ! than usually optimistic tone. Prices| 87% ls‘;lLAxrxtlzlgngau 1933. & SR la ot aeedi toibaiabBent. < 135/00 v se00. Cifuess verl) choice, _—_—OLDFST National Bank in the Ci 3 (0] Pald On SaVlngS I wers generally firm, with some fuxther |86 St L &San Fran prin 4s A 7% | "The one and only one requisite in | pound, 13 to 13%; ordinary to medium, R Increases in the price of fin> wools | 3% StL & San Fran pr In 65 1950, 76% | the line of admission is that the ap- | pound, 10 to 1%: rough and common. Established in 1814 el S L StL & San Fran 5%s B 1942, :: 3674 | Plicant be a bank officlal. The price | pound, 6 to 8 small culls, pound, 6 THAOLY WOOUS a4 Sl e St L & San Fran adj 68 1356. 2 is of small import. to 8. o X Cican basis and Ohio delaines at 55 to| 86% SLDK SanEranSd)eaian: e S P na the Iucheony a8 | Sheep, cholse,| pous - Bi4h 6; old Open Until 5:30 P.M. Monday, Nov. 6 cents in the Eesine: Hirl Seaboard Alr Line ref 43 195! 0% T1% 204 7t stated before. are known to one ‘an- | bucks. pound, 3 to 4; common, pound, 3 = g.l,; A gen::lr::llr l,:llne adj l‘- 1943 85 8G% 85 g6y | other by':hellrdflv:ln nn‘r‘nes. ‘:rlul :he:;e i ;4:]2 .': }Ea"f‘bl!' :prlnihcl;;ice.dm;unf . : eaboard Alr Line con 68 1943 : 3 A 0. lack of dignity where dignity is o 15; fair to go und, 12 to FORLIGN EXCHANGE. 87 Seaboard Alr Line con 304 S Lk yey) i mollack of dignlty ST |13 common, thin, pound, § to 16. ° - ° NEW YORK. October 31 (#)— | Y8% Southern Pacific col 45 19 86 Hogs, straight, pound, 12 to 13. Foreign exchanges irregular:’ quota. | 36% i Southern Paclfic ref 4s 1955, = A Successful Flotation. Sows, pound, 10 to 11.’ Stags and tion in cents: Great Britain, demand, 95% Southern Ry gen 4s 1985 1&!' The success of the Potomac Electric | boars, pound, 5 to 7. Live pigs, 45414 cables, 48415: 60-day bills on| 500 goul 4 Southern Ry 1st 5s 1994 ",,,;lc() s n:g‘tiatl:nkol $2 er:’ ,000 6 pe‘r c(;nt pound, 12 to 13. Shoats, pound, 10 b bhanks, 480%: France, demand, 4.2 D 106% Southern Ry dev 63%s 1966 % | preferred stock was phenomenal. One | to 11. 3 £ o cables, Italy, demand. 3.06: | 197% 190 341 Third Ave adj 65 1960. ... 1190 | capitalist filed his subscription for Capital, Surplus and Undivided Profits, Over $1,800,000.00 cables, 3.96%. Demand: Belgium. £52:| 9o ygis 90% Union Pacific 1st 4s 1947, 17| 1,000 shares of stock and several for BUTTER UNSETTLED. = G . 23 Holland. 40.20: 1100 95m §8 Union Pacific cv 45 1927 99y | 500, while the total subscription was 15th S . Y. ol 2 1197w w2 %5 Virginian Ry 1at 6a 1967, 99% 100 993 g9y Many times in excess of the amount | CHICAGO, October 31 (#).—Butter . th St. Opposite U. S. Treasury—111 Years i ‘um. 6% 5 100% “‘nb-\s: ;;s;fiun = 101% | Of [s;e l“"lt‘ed.mee .’;.0“0;"}"?,,’"'?' unsettled: rest:flpt!. %8:_.]“. “’4‘%-5 cream- - ¥ oland, o o e R 94% Wabash 5% 'Th.... 97% | scriber recelv: ve shares in the al- | ery extra : standards, extra 5 g 3 VK IN THE DIS ~ = COLUMBI slovakia, 2.961; Jugoslav | 5% 88 631n Western Maryland 4s 1962, .. Gote | lotment. firsts, 46;a48%: firsts, 44ais: sec. OLDEST NATIONAL BANK IN THE DISTRICT OF COLUMBIA Austria, 14%,: Rumania, 4715: Atsen’ | gau 79% 501 Western Pacific 5s 1946 94| The consumer who modestly sub- |onds, 41a43. Eggs higher, receipts, tina, 41.25; Brazil, 14.04; Tokio, 41%5:| g4w 2k %6k slk West Shore lst da 3361, 82% | scribed for five shares was alloted | 2,231 cases; firsts, 45a50; ordinary Shanghal, 78%;- Montreal, 100 101-19 100-20 Liberty 2d 43 1927-42. 10: 101-1 Liberty 3d 434 s 192 101-20 Liberty 4th 414 193; Amer Tel & Tel cl tr 48 1929. Anier Tel & Tel cl tr 5s 1946. Anaconda Copper 6s1953. Anaconda Copper cv deb Armour & Co 4%8 1939, Atlantic Refining deb Gs 1937 Erle cv 48 D 1953 Kan CFt Scott & M 48 1936 Kansas City Southern 3 1950. .. Kansas City Southern 63 1950, mutually do. the proceedings vitally interesting to every ent. benefited, these officials | are sure to be one pres as Head Presides. at the luncheon, and the list of ques- Such meetings cannot but be help- i ful to men attending them: to the in- stitutions they represent and of the that amount, rich and poor, large and s| Interchange of Credit Information and Other Dis-| 1 cussions Most Helpful-—Great Aid to Harmon: | Co. and that its large stock owne! “s very generally recognized by the di = rectory of the Washington Raliway | | Co It is believed that the North Amer- | n Co. Is now in the market for Cap- | . BON igh. Low. 9 I have some excellent I o e TEND TO CHECK CROOKS® TRICKS aventc e 7ime ser son | ON SAVINGS - ACCOONTS | | gl i 10230 10i-1 Liberty 1at 43 19: Forcss L. & N. Special Dispateh to Tue Star {Cuast Line continued a f | vails, selling up to a new high rec cord | ||n-|n'l‘l me WILLIAM H. KYLE surance. Washington, D. Room 21. M. fi193 Than Any Other National Bank in Washington Interest 6n DAILY Balances | Come in and let us explain Loans-| 1410 G St. 31.—Atlantic | || ature of the | NEW’ YORK. October William P. Irvin 1410 G Street N.W. 3.50; culls and No. 2's sell mostiy half | Main 2100 925 15tht St.. N-W-. coming in meet with ready sale and holding steady in values at the follow- firsts, 36a44. L] J WIIMHWMHHNIINMHHIIIIWHIIIIIIIII!IIIIIIIIHHHIIHIIIIHIIHI‘IllllflllIIlIIHI||IlIIIIIIIlIHiHIIHIIIImllllltltlllmlll!lllllllllllllfll!llfll!||IHlllllHIlI1|1flllMfi /