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FINANCIAL. Money to Loan red by first deea of trust on real estate | Prevailing interest and commission. Jozaph 1. Weller §30 Wash. = & trant Money Avnilale for FIRST DEED OF TRUST LOANS On Completed Properties and for Construction Use Reasonable Interest and Commission Rates JAMES F. SHEA 643 Louisiana Ave. N.W. WRIGHT, SLADE & CO. Members New York Stock Exchange Chicago Board of Trade Stocks and Bonds Bought and Sold for Cash or CARRIED ON (ARGIN THE MAYFLOWER HOTEL Connecticut Avenue at De Sales St. Telephone Main 370 Resident Partner LOANS Let us have your applications :i_OANS ON REAL ESTATE Immediate Action Courteous Treatment Our record of 35 years speaks for itself. Percy H. Russell Co. 926 15th St. N.W. Consnit James C. Adkins, General Agent of the Royal Indemnify Company. about the COMPENSAT 1O LW, *fective dJuly I, 972 Barr Blde.. 910 13th Street. Telephone Main 1330, Capital, $1,000,000.00 Checking Accounts Savings Accounts Time Deposits 14th and H Streets WADE H. COOPER, President Capital, $1,000,000.00 Mortgage Bonds Protection "HE diversified security oA improved bhome propenty in the District of Columbis bebind Insured Morigsge Bonds appeals 19 conervative investors. As sn additional safe gnard Ineured Morigage Bonds sre guaramteed a5 1o principsl and interest by the Federsl Becurity & Mortgage Company with resources of over $1000, 909, —and uneonditionilly guor- anteed by the Equitable Surety Company of New York with capital of over $1H0599, under supersicion of the York State Insursnce De partment, Maturities, 2 to 10 Years 1412 K Street N i WASHINGTONDL, | CAPITAL & SURPLLS OVIR VTHL0000 | “Piesse s we you ccsies 96/ i Soouied Yiorgage tandss | Homs.. Addrews. 5570 TV IRV T ||| zation's best interest, and by his num- | | and requests for more complete finan- | | the entertainment features have been SPAID IS HONORED BYBANKERS' BODY Tribute to His Work as Head of D. B. A. Paid Him at Luncheon Today. BY EDWARD C. STONE. Special honors were paid to W. W. Spaid, president of the District Bank- ers’ Association, at the last meeting of the luncheon group before the coming | convention held at i the Willard today. i It_was the final | 1 gathering of the | | kind under the! present administra- tion, 36 of the lead- ing bankers of the city joining in pre- senting Mr. Spaid with a set of reso- lutions appreciat- ing his splendid work for the organ- ization, elaborately engraved on sheep- skin and handsome- ly framed. The res- olu!‘}ggs said:d g y.. W, “Whereas duri W W. Seald: g “administration as president of the District of Columbia | Bankers Association, Willlam W. Spaid | has devoted generously of his time and | efforts in the promotion of our organi- erous accomplishments has thereby en- deared himself to the entire member- ship, “Therefore, be it resolved, That the members of the association hereby ex- press their gratitude for the hearty co- operation which he has brought about and for the progress achieved, and we hereby attest with the signatures of those members, attending the weekly meetings grateful appreciation of his untiring efforts on behalf of our or- ganization.” Mr. Spaid was deeply moved by the tribute and briefly expressed his grati- tude. The attendance at today’s lunch- eon was unusually large and the suc- cess of the present administration was the subject of nbst flattering comments. Passage by Congress of two measures of vital importance to the local banks cial statements from firms borrowing money from banks, are among the out- standing achievements of the associa- tion during the year. Final Convention Reports Made. At a meeting of the committee chair- men arranging for the coming session | at Montauk Beach, held last night at the Racquet Club, E. J. McQuade, gen- eral convention chairman, presided. It is now known that the attendance will surpass that of last year, which, in turn, made a new record. Completion of the was announced and all The last call for the convention has Railroad Revenues Are Lower. The statement of operating revenues of the Seaboard Air Line decrease of $2,05298. Interest and of $1,010,196.02 were THE EVENING STAR, WASHINGTON, D. C., NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. Open. i Oven. Debenhms(2.18) 464 Deere&Co pf(7). 125% Del & Hud (9).. 2 Del L& W (17), Denv RG Wn pf, Detroit £d (8). Devoe& R (+2.80) Diamond M (19) Dodze Bros A. .. Dodge Bros of 7. Dome Mines(1). Drug Ine (4)... Dul S§ & Atl pf. Dunhiil tnt (4) Dupont (+13.50) Du Pont deb (8) Dug Lt 1st (5).. Eaton Axle (2). Eiseniohr & Bro Eitingon Schild. Eitington (213). Kleo Auto Li§). Klectric Boat. .. KlecPow&Lt(1) Eleo P&Lt pf(1) Elec Stor Bat(s) Elk Horn....... Em-Brantgm(A) nd-John (6)... Kngineers Pub § EquitableTr(12) Krie R R. . Erie st pf...... Bureka V (1%). Exchange (1%). FairbankMpf(7) FedLighttnl 40) ed Mot T 180c) Fidelity-Pnoenx. Fifth Ave (84c). 1i 5 5 5 | First NatSc1%) Fisk Rubber. ... Fisk 18t pf(7).. Fleischmann(3) Fox Film A (4), Frank-8 pf(7).. Freeport (15%). Gabriel Snub A.. Gardner Motor.. Am Tnkis). Asphait.... Open. High. Low.Close. Abitibl Power(4) 69% il 684 171 Abrahm&Straus 103 103 10 Adams Kxp (6). 325 825 315 Adv Rumley.... 33% Ahumuda Lead. Air Reduetn (2). Ajax Rubber.... Albany Papri2). Alb&Susq(t11). Allied Chem (6) Allled Cm pf(7). Allis Chalm (6) Amal Leath: Amal Leath Amerada (2). . Low. Close 41 464 125% 126% 205 203% Missour! Pac pf Montgmry W (15 Moon Motor. ... Mother L (50¢). Motion Ple Corp. Motor Meter A.. Motor Whi (2).. Mullins Mfg Munsingwr( Murray Corp. Nash Motrs(16). Na 103 815 334 4% 96% 7 6015 393 118% 104% Na Nat Bisc pf(7).. Nat Cash R A(3) Nat Dalry (3).. Nat Dept Stores Nat D St 1st(7). Nat istillers. . Nat Enamel 8 8, Nat Enam (rts). Nat Lead (5)... Nat Lead pfA(7) Nat Pow&Lt (1) Nat Radiatori3) Nat Rad pt(7)., 118% 104% 37 104% 35% 187 Am Bank N(13). Am Bk N pf (3). Am Beet Sug. .. Am Beet Sug pf. Am Bosch . Am Bra Sh Am Brown Bo: Am Brown Bo pf Am Can (2).... AmCan pf (7)., AmCar&Fdy(6). Am C& Fpt (7) Am Chicle (3).. Am Drug (80c Am Encau(z.40) Am Express (6) Am & For Pow.. Am&Fo Po pf(7) AmFPowzdpf(7 Am Hide & L pf. Am Home Pr(3). Am lce (T23).. Am Internat!(2) Am LaFr&Fosm Am La France p3 Am Linseed. ... Am Locomot(8) Am Metals (3).. Am Metals pt (6. Am Plano. ... Am Piano pf(7) Am P& L), Am Po&Lt pf(6) Am Radlator (6) Am Ry Expt6).. Am Republic AmSaf 1 Ani Seat 3 Am Ship & Com, Am Smelting (8) 1 Am Svuft (12).. g 3 I Am S &R pf(7). 1 Am Stl Fdys (3) Am St Fy pf (7) Am Sugar...... Am Sugar pf(7). Am Sumutra. ... Am Tel & Ca (5) Am Tel & Telty) Am Tobacco(8 Am TobaccoB(8) Am WWE&Elel) AmWWist pf(6) 8in 4ty 544ty Nevada C (1%). NOTex & M(7). N Y Air Br(3).. N Y Central (8). N Y Cé& SiL(6). ¥ C StL of(6) ¥ Dock...... Y & Harlm(5) YNH&H(), ¥ NH&H pt(7) NY Ont & W(1). N ¥ State Rys. . N ¥ State Rys pf N YeStm pf (6).. N Y Stm pfA(7). Niag ¥ Pow 1%, Norf & Wn(110) NorAm b10% stk North Am pf (3) North Pac (5).. Nor Pao cfs (5). Norwalk Tire. Norwalk Tire pt Ot Well Sup.... O1l Well S pf. Umnibus. Omnibus pf (8 Otis Elev (17) Otis Elev pf(6). Otis Steel....... Otis St! pr pf(7). Pacific Co: Pacific G Pac Ot Stubs. .. Pac Tel & T (7). Pac Tel & Tel pt. Packard Mot (3) Pan-Am Petrolm Pan-Amer Pet B Pan-Am Wn B, . Panhandle. . Parmt-Fam(48). Park & Til(33).. Park Utah (8ve) By 106% 139 121 Tk 654 106% 139 121 4% 65% 40's 5 Gen GasA(ol %) Gen GasB(el%) Gen Motors (17) Gen Mot pf (7). Gen Qutdr Ad(4) Gen Outdr Ad(2) Gen Ry Sig (5). Gen Refrac (3). Gillette Raz (5). Gimbel Bros. ... Gimbi Br pf(7). Glidden Co..... Gold Dust (3). Goodrieh (4 Goodyear Tir: Goodyr 1stpf(7) Gotham (32%).. Gotham n (321) Gotham pf (7) Graham-Palg Grhm-Paige c: Granby Min (4). Grt Nortn uf (5) Gt Nor pfefs(b) Grt Nor O (1%). Grt Wno Sug 2.80 Grt Wn Su pf(7) Greene Cana(4) . Guantapamo Su. Gulf Mo & Nor. . Gu M & N p1(6). Hacknsk W(1%) Ha 60! 11244 1% 1o 54 26 200% 159! 1605 60% 1034 21% b2's 110% b4 274% 201 159% Am Zing pf. Anaconda (3). Archer-Dap (3). Arch-Dan pf (1) Armourbei pf(7) Armour, 111 (A). Armour, L1l (B). Armour, Lipf(7) Arnold Con & Co Artloum (3).... Artloom pf (7).. Art Metal (135). Asso ry G(z%) Ass0 DG 24 (7). As30 Ol (2).... Alchison (10)... Atchison pf (5). Al Coast L(110) AUGUIf & Wi.. Atl Guif pf (3).. AU Refining (4). Pathe Ex (A)... Penick & Ford. . Penick&F pf(7). Penn Dix Cm(2) Penn K R (3%). 120% Bh b53% 105 24% Plerce Oll...... Plerce Petrolm. . Helme GW pf(7) Pilisbury (1.60) Hershey Corp. Hershey pf (4). Hershey pr pf(6 Hollander & Son Household (14). Houston Oil. Howe Sound (4) Hud Man (2%). Hudson Mot «6) Hupp (£1.40).... 1llinots Cen (7). indep V41 (1)... Ausun-Nich pf.. Auto sales...... Autostrap A (3) Baldwin Loc (1) Ballo & O (6, . Baito & O pf(4). Bang & Ar (3%) Bank of Man(16) Bank of N Y(18) Barnet Leather, Pitts Term Coal. Pltts&W Va(§). Porto Rico To B. Postum 6 ol Prod & Refiners, Prophylae 13%.. Pub Serv NJ12). Pub Serv pf (6). Pullman Co (4). Punta Aleg Sug. ot ‘Aavfil. 1927. Net operating in. over G & come for the four months totaled $9.- 337,016, against $12962,716 last year, a decline of $3,625,700 from a year ago. 3% per cent preferred came s and the 6 per cent issue . ashington Gas Light opened at 95, and closed at 95%, trading reach- ing 42 shares. Thirty shares of Lanston Monotype moved at 115, A turnover of 80 shares of Natl Mortgage & lnv;smcnt preferred was at 5%, The bond market opened with a $1.000 sale in Chesapeake & Potomac 56 at 100%;. Potomac Electric Consol- ‘Washi , series A, wi - g‘xded&nnfo'g?whnc the B bonds moved it 107%. % ChEVY' Chase Dairy preferred has been added 1o the Ust of local stock selling ex-dividend. Others are Lans- ton, Banitary Grocery, Washington recorded Electric ssues " kmhuxfl will be closed tomor- The row, Heard in Financial District. All the banks in Washington and also the brokerage houses will be closed tomorrow, Memorial day. | Wholesale prices declined one-tenth f 1 per cent for the week ended May ! , sccording t the index compiled | the National Pertilizer Association. | Advances occurred in grains, feeds and | tive stock, gasoline and petroleum and | the minor metals. These advances were more than offset by declines in tex- tiles, fais, hides and suiphate of am- | monia | M. D, Rosenberg, Joseph Banders .w A Bennett, Irvin Owings, Frank Owings, Albert 8, Gatley, Louis Bush, {R. G, Biliot and Jesse Ergood, officials in the Bank of Commerce and Bavings, | have returned from a fishing trip to | Wachapreague, Va. They report few | fish left | Oscar Coolicen, head of the local of- | fices of G. M. P, Murphy & Co., h's | been in Detrolt atending a meeting | Bueyrusev(zig) | Car Ci&O sta(5) Barnet L pf(7).. Barnsdall A. . Pure Oll (50¢).. Pure Ol pf($).. Purity Bak (3).. Purity Bak pf(6) Rad1s Corp..... Radio Co pf (3% Reading Ry (4). Reading 2d (2).. Real Silk Hos. .. Real Silk pt (7). Rand (7). Remingtnlst(7). Remaingtn2d(8). Reo Mot (11.20). Repl &S (4). Reynolas Spngs. ReyuldsTobB(6) Richtield Ofl(q1) Rets Robt & Co.. Rossia ins (5).. Royal Da3.13%. Rutland pf...... St Jos Lead (13) StL & SaoF (18) St L&San¥F of(6) StL&SF pf 1stp. StL&Southwest. St L Swo pf (5). Arm indian Mot(1%) indian Mot pf(7) Indiav Hetining. Beechnut (13). . Beidiug Bros (2) Belg Rys pf 4.12 Best & Co (3)... Bethiehem Steel Beth Steel pf(7) Bon Ami A (4).. Booth Fisheries. Borden 811k (6) Boston & Maine. Briggs Mfx ¥Co British Empir British Emp 2 Brockwy Mot (4) Bkiyn Edisn(8). 2 Bkiyn-Map (4). BkiynUnGass) BrownShoe(2 % ) Brunswick B (3) Brunswick Ter.. Bucyrus (1).... Ingersoll R(15). Ingersoll pt (). Laland S(Fi6% ) Lnspiration Cops interboroRap Tr iowcout) Rub(l) internat Agri... lot Bus Ma (5).. 1ot Cement (4). 1ot Com Kng (2) 5 int Comb pf(7). int Harv (26) < Lot Harv pt (7) int Mtch pf 3.20. 1ot Mer Marine. . int Mer Mar pf. int Nickel (2)... later Nick pt(6) Lut Paper (2.40). iat Paper pf (7). laot Ry Cent Am. 1nti Balt (6).... Lol Silver pf(7) int Tel & Tel 16) Intertype(t1%). islang Creek (4) Jewel Tea (4)... Jonns-Maran(3) Jones Tea...... Jordan Motor. .. Kan City South. Kayserd (b) % | Keith-Albes. 11 206% 524% 70 45% Burns BrosA (%) Burus Bros (B). Burns Bros pf 7. Bush Term (g2) Bush Ter of (7). Butte Cop & 7. . Butte & Bup (2), Butterick Co..,. Byer & Co...... Byer & Co pf(7). Calit Packg (4). Calif Petm (1)., 106 122% Lyt... 1% | Seagrave (e1.20) 14 |Sears R (n2%). 54 Seneca Copper. 51 | shattuck ¥ G «3) 78,1 Shel Un (1.40), 224 | Shubert The (5) 334 | gimmons Co (3). f 1 | simmons Co rts. Can Pacific (10). Case Taresty (6) Case Thr pt(7). Cent Alloy (2). Century RID M., Cerode Pas (4).. Certain-Teed 4). Certo Corpo(14) Chundler-Cley. ., Chandler-Ci pf. . Ches & Oblo(10) C & O Corpn (3). Ch1 & AltOB. 2.\ Ch & Alon pf., Chi Grest West,, Cn1 Gt West pt., Chi M & Bt P, . Chi il & Stk pt Chi& Nwn (4).. Chi Pue Tool(8), Chi BI&Iac (8), Chickusha () Childs (2.40), ChileCo(4%).. Christ) B(1.20),. Chrysler (3).... City Bt I 6%atk, | Cluett-Peanis), | Cocou Cola (6),. Collins & AikmR, Col & Aik vt (1), | Col Pue) & 1ron, | Col Bou 1ste4)., Cot Gus & K) (5) | Col Galo e A16) Com Cred (1)... | ComCred a1 63 | Com Cr pt B(2), (2 Sloss-Shef Kresge DS pt... South Por pt(8). South Callf £d.., South Dairies A. South Duiries B. Soutb Puc (6)... Southern Ry (%) SouRyM&O cfe 4 Spaulding pf(7). Spear & Co. Spicer MIg. . $td Com Tob (3) SMG &L (3%). BU G & B of (4) Std Milling (6).. 8td O Cal (2%). Std O1INJ(11%) Std OIINY(1.60) 8td Plate Glass. Std 8an Pro 1.68. Stewurt-War (§) Kroger Gro (cl). LagoOll.cossane Lambert (16% ). Lee Tire & Rub.. Lehigh P Cmt... LenighVai(3%). Lehn & ¥ink3), £ 60) Loulsians O1), .. Louis(GasA(1.76) Louis&Nash(1), Ludium 8tl (2).. McAndrews 2,60 MeCall Corp (3). MeCrory A (24).. McCrory B (2).. MckKeespt Tin Pl Mack Truck (6). Mackay (1)..... Mackay ctfs (1), Muckay pl(4). .. Telautogh (8Vc). Tenn Copper (1) Texas Corpn (3) Tex Gulf Bul (4) Texan & Pac(b). | distributors and several stockholders | of the Packard Mowor Co, | The special comm.iiee which, under | the auspiees of the Chamber of Com- | merce of 'he United Blates, s making |8 study of the country’s banking and { currency structure, especially the op- | eration of the Federsl Feserve system, will meet @t chamber headquarters | June 4 and 5. Invitations heve been entended U representatives of banking, finance, sgriculture, labor, commerce | and other fields of business activity o participate in the commities discussion. POTATO TRADE GOOD. | CHICAGO, Masy 29 (United States { rvment of Agriculture) ~Potatoes ~Jucipts, 114 cars, on treck, 322; | wtal United Slates shi ) | new stock trading good; | weaker, Alsbama, Loulsiens, | sucked Bliss Triumphs, 1225, ondinary, 18541 95; | Bpalding Rose, mostly, 4.25; old stock Mad B Go (1%) Cow 1oy Tr s 80, Mugroa Cop (3). Com Pows (13) Conde Nastiz) Congoleum N Cong Cgrs 14%. Coniey Tinfoil, , ol Ctn t1), Consol Distriby Coneol (Jas (b), ConBUCubS pt 6 Consol Testile. . Coutatner A 120 Container 15 606, Cont Beking A.. Cont Baking .., Cont ik pt (¥) Cun (6) Tex Pao C & O1l. Tex La Tr(new) Thatcher Mfg. . The Fair (2.40). Thomp J R(8.60) Tidewater AsOll. TIdWASOlpL(8) Tide W O1) pf(5) Timken (18).... Tobae Prod (m) Tobao Prod A(7) Transeont Ofl, .. Trico Products. . I'win City R (4), Twin City p(7). Udwa-61 Fee). . Udwd-E1 ¥ pt(T) Un Bag&Pa Union Carb (6. Un Ol Cali¥)..0 Unton Pae (10), Un Pacific pf (4) Urd Biscuit 1,60, UtaCarst(Cioe) Utd Dyew pt(7), Uta Fruiti164) J Maytag pt (6)., MetroU pfi1.8y) Mexican Beab, .. Miami Cop (1), Mid-Continent, , Middle Blates. ., Mid Srates ctfs, . Midland pfi1is) Mitler Rubber., . Milwaukes E1(6 Minn & Bt Louls Corn KxBokiz0) orn Prod (13) oty ine 1&6) Crusiblesies) Cubs Cane Bugss Cubs Company . Cuban Am 8 (1) | rading rather siow. market dull: Wis- consin round whites, 10081.15; Minnesota sacked round whites, 7581.05; ldaho secked Ruscets, 1108125, com- wercie), 958190, Ut Puperhosrd . UBCIPAFOIO) U S Distribniing U B st i), MBLPAEEM 11(4) Mo Kan & Tes ., Mo K&Tex pf11) Missousi Vacitie. 2484 2 120% Jon 16w Wi Wi 80 Curties Aero (1) Davison Chem ., Atk TUESDAY, Low Close. oY LT 60% Al 164 184 W W | ately higher. | this year to May 25, totaled $2,680,- | MAY 1928, RECOVERY STAGED ON STOCK MARKET Prices Rally Fairly Uniformly. Motors Leaders in the Upturn. 29, BY GEORGE T. HUGHES. | Special Dispateh to The Star | NEW YORK, May 29—Motor stocks ' | dominated the trading on the Stock | Exchange today. The general list was | higher, but the automobile shares made | the largest gains, the stimulating in- | fluence being a rcported merger of | Dodge Bros. with Chrysler. Fifteen | minutes before the end call money, | which Had renewed at 6 per cent, drop- | ped to 5 per cent, and thi. accelerated | the recovery. The close was strong at the best of the day. Radio was one of || the late features on the side of ad- | vance. | There were a number of specal| moves on the upside. They attracted || the more attention because they came || on the day following =0 sharp a break. || The most conspicuous was that in || Chrysler. This stock was one of the || few to show a net gain on Monday | when it closed at 80%. It started in today on a block of 25000 shares up || 31, points and at a new high for lhe:! present stock. It increased the gain in || the later trading. o Buying of Dodge Preferred. Another feature—also in the motor list, and the motors were leaders in the recovery—was the buying of Dodge || Bros. preferred. Here the advance ran; to more than 12 points. Mack Trucks | came back from 3 to 4 points and| Studebaker scored a smaller gain. Gen- || eral Motors opened higher and ad- vanced with the rest of the market. There was really no occasion for sur-, prise at the strength in the motors. 1 any group was to be favored it might well be the ;mmmpblleh which : heir long rise, K 3;‘35:1‘; ‘0! an Kexlranrdmnrny sound | fimancial position, a steady demand for their output and a favorable earnings- | price ratio. E | Copper Also Strong. In less degree the movement of the || was duplicated in ’lhe copper || stocks The most conspicuous w: American Smelting & Refining, in which I the gain was sharp. Anaconda. Corro{ de Pasco and Kennecott were moder- || Consolidated Gas headed | the advance In the utilities. Steel and | General Electric were heavily sold in the early trading, but they were both | strong later on. The oils were more | irregular, some showing gains and | others losses. | Money renewed at 6 per cent, against | the 6!; per cent charge for new loans | Monday. The supply was said to be | equal to the demand. Six per cent is| a highly attractive return for the out- | of-town banks, and when the rate went above that figure there was an increase in the offerings. The real guide to the money market, however, is the rate for | time funds. That was unchanged to- | 7 per cent. Any hardening here would be highly significAnt. Motors went still higher in the after- noon on the report that Chrysler was, to take over Dodge Bros., guarantee- | ing the dividend on the preferred stock, | and that the two companies were eventually to be absorbed by General Motors. Studebaker, Hupp and Gen- eral Motors were actively bought, while Dodge “. which had lagged behind in the morning, was brought into line. l i BUILDING GAINING. NEW YORK, May 29 (#).—Contracts let on new building and engineering work last week, in 37 States east of the Rocky Mountains, amounted to $148,- D:l.mo.kllb-ndmcre;uwnl sl,sno.&o over the weel ore, F. W. Dodge Corpora- tion reports. New construction started 728,800, nearly 5 cent more than for the first five months of 1827. The week's largest award was for a casino in Asbury Park, N. J, costing| $4,000,000. | RUBBER ADVANCES. NEW YORK. May 29 (Special).— | Crude rubber, smoked ribbed sheets, advanced % cent at today's noon quo- tation of 20%. This compares with ! 17 a month ago and 414 a year ago. | RAILROAD EARNINGS. NEW YORK, May 29 (#).—Aggregate | net operating income of the firs® 67! railroads to report April earnings was 864,741,000, against $68,836,000 in Aoril, 1927, a decrease of 5.9 per cent. Their gross earnings were $413,787.000, a drop of 5.6 per cent from a year ago. . High. Low. Close. a2t 1124 Hoffman (4) Alconol (5). IndAIf pf(7) Leather.... Leather A. . Lea pr pt(7) Realty (4).. Rubber..... Rubgr 1st pf Smelt (3%). Smpf (3%). Steel (7)... U S Steel f (7). U 8 Tobaceo(3). Unt Leaf Tob(3) Un: Pic 1st pf(8§) Uni! Pipe & R(2) Utll P&L Ace2). Vanadtum (14).. 120% 434 627 108 844 ccacecccccaea cuePewnnnn ) Va-Caro Chem. . Va-CarCh 6% pf Va-Car Ch pf(7) VaBI&Ppl(i). Vivaudon (b10). Vulcan Detin. . Vule Det pf(7). Wabash Waldorf (1%).. Walworth (1.20) Ward Baking B. Ward Bak pf (1) W Penn El pf(8) W Penn El pf(7) West P Po pf(7) Willys-Overland Wilson & Co. ... Wiison Co pf A. Wiison & Co pf.. Woolworth (6).. Wortha Pump. . Worth Pump(B) WrIght Aero (3) Yale&Twne(16). Yeollow Truck. .. u6 el Youngstn Sh(B). B7% o84 87w 85 Hourly Sales on N. ¥, Market. tam,, 797,000 1§ m..., 1452100 1000, 1,092.600 ¥ o.m.. 2,604,400 R S B W ook us FINANCIAL. COMPENSATION INSURANCE COMPULSORY ON JULY FIRST Let Us Serve You NOW Bradley, Beall & Howard, Inc. COMPENSATION INSURANCE SPECIALISTS Wilkins Bldg. Main 2660 ST MORTGAG CAUTION —should never be thrown to the winds. It will pay vou Jn investing surplus funds to follow conservative ad- vice, which will bz sure to counsel “safety first.” sider our 6% FIRST MORTGAGES —recommended, not only by our over a Third-of-a- tury experience, and also by the satisfaction experienced by our growing invest clientele. Available in Amounts of $250 and Upward B. F. SAUL GO Main 2100 925 15th St. N.\V. | Con- r a Third of a Ceniury Without a Lass SAFETY Cafita’ & Surflu, $3.000,000.00 Open Until 5:30 P.M. May 31st and Jape 1 This Bank Belongs —very rightfully among Washington'’s® “big” financial institutions, but” that prestige need by no means deter the small depositor. {[Safety and service are as muchiof interest to the Payday ‘patron as to any other type of customer, and we've grown by giving equal- ly good attention to all customers. 'Why not join our fam- ily of fifty-odd : thou- sand depositors THIS PAYDAY? ; Same Rate of Interes: Paid on Large and Small Accounts | ] WILLIAM D. HOOVER. President. ]l WOODBURY BLAIR. 1st V. Pres. I Vk W. STONE. 2nd V. Pres. FEANK STETSON. Trust Officer. | . €. LAMBORN, Treasurer. E. PERCIVAL WILSON, Necretary. FRANK K. ULLMER. Asst. Treas. BRUCE BAIRD, Asst. Tr. Officer. DAVID BORNET. Asst. Tr. Officer. JOHN W. CALVERT, Asst. Treas. | W. HILES PARDOE. Asst. Treas. ALEXANDER J. FAN JOHN M. BOTELER. AUDLEY A. P. SAVAGE, Auditor. CLEPHANE DULANY, Jv. Lo BANK W. STON! WILEIAN B Wi HARLEY P. WILSON Safe Deposit Boxes at Moderate Rentals National Savings & Trust Co. 62nd Oldest Savings Institution in the District of Columbia Cor. 15th and New York Ave. P By Act of Congress If you employ one or more persons in the District of Columbia, you are subject to the provisions of the new Workmen's Compensa- tion Law. Severe penalty is incurred by fail- ure to comply with the law before July 1, 1928 The International Bank (Insurance Department) has retained Mr. A, L. Handy as Insurance Counsel for its clients and patrons. Mr. Handy has had over twenty years’ experience in the practice of Insurance Law and as a representative of insurance companies. Mr. Handy will be glad to advise all employers on the subject of the Workmen's Compensation Act, without charge or obligation. Arrangements have been made with several of the largest companies to issue insurance policies at niini- mum rates, relieving employers of all responsibility. For information, mail the coupon, or call International Bank, Insurance Department, 807 Fifteenth Street W.—Phone Main 865. ——————————————————_——_———— - | A. L. Handy, | International | 807 15th St. N.W. Write and explain details of D. C. Workmen's Com- pensation Act, No. of Employes I ] [ | v Name .. Rusiness