Evening Star Newspaper, August 14, 1928, Page 14

INANCIAL THE EVENI If vou need money for vour Real Estate financing let us have vour application today. Prompt Service No Appraisal Fee The Commercial National Company Pald Up Cash Capital. $900,000 Commercial Natlonal Bank Blde. Hith and G FLEMING APPOINTS ' ACCOUNTS BOARD John Poole Is Chairman of New Committee of Bankers’ Association. BY STONE Money for Buying or Building 51% and 6% us for Mortgage business and Here of men cit ‘ Prompt | propert 1 find a sta spent t you w who have es real estate Mortgage Loan Department SHANNON & LUCHS, Inc. 1435 K St. N.W. Phone: Maia 2345 Every Banking’ Service Commercial Savings Trust Real Estate Foreign Exchange Safe Deposit Departments AMER‘.C\:\; SECL 'R[TT 15th and Penna. Ave. Five Banking Offices Capital, $3.400.000 Surplus, $3.400,000 WASHINGTON'S LARGEST TRUST COMPANY EDWARD ( > complete standing cor 2 profitable accounts and busi- wt | Ar 22 Ray- Haycock Am Ma pf ex-w. Am Piano. R. Golden Donaldson roth, Chevy Chase Harry L. Selby, Far B. Agee Bowle and Miss Mary J Trust Go. asseciation's and Mr. Pool for several ye Po- Win- AL Saviy Contine im- has Loan Board re- 1 land banks st SIX montbs | ore deducting amour ed off ™0 account eal estate owned 1St $4.870.450 June ea nst £1,058.6 Joans closed 28 totaled 8.000 in of of $4.686.470, for same pe ngs w 3 for J in first six months of | $62,986.700, against $86.- | first ‘six months of otal bonds authorized as of 8. were $1163.047.140, wit 749.400 of this amount out Total loans closed by stock land banks f the 50 joint st six months of Loans closed were $3.540.760 une, 1927 ed by these banks 1.735.600 | are no 28. Total bnnd( autho were §! 1 were outstanding. reported Earnings Federal totaled Earnings in first six months for t intermediate credit bani 2.280. against $5 4 jod of 1927. Earnings for June, 5,740, against $96,191 in Total outstanding deben- tures were $46,425,000 R B Gleaned in Financial District. R. Golden Donaldson, president of the | g | Commercial National Bank, leaves here | p today for a_vacation at Saranac Inn New York. The bank president will re- Labor_day, W. W Marlow, cashier of the Second | g, National Bank, has returned from his | p; vacation spent at Mountain Lake Park. | g President H. W. Offutt of the Poto- | B mac Savings Bank is another local financier who is on a vacation. J. Frank Campbell, vice president of | g W'W'MLD(:|\‘TEPESI ) NI Ready Money for Mortgage Borrowers ].'NR loans on completed build- i or for the construction of new ones, this Company is a ready source of first mortgage funds in virtualls any amount— eon-istent with the character and value of the property. Without obligation on your part we shall be pleased to send you further information. In request- ing it, please specify the amount of the loan desired. and give a brief description and the approxi- mate valuation of the property. REALESTATE MORTGAGE & GUARANTY CORPORATION Capital Resources $3,400,000 26 JACKSON PLACE Continental Trust Co. 14th and H Streets Capital, $1,000,000.00 Checking Accounts Savings Accounts Acceptance Credits Time Deposits Foreign Exchanges Commercial Credits Travelers’ Credits Travelers’ Checques Collections Real Estate Loans Collateral Loans Investment Securities Corporate Trusts Individual Trusts Administrator, Executor Safe Deposit Boxes Continental Trust Co. 14th and H Streets WADE H. COOPLE, President Capital, $1,000,000.00 the Anacostia Bank, has returned from | B; an_extended trip to Denver and the | B; Yellowstone National Park. B | ~J. Leonard Townsend of the Chevy|B: Chase Savings Bank has returned to|B: his_desk from a two weeks' vacation {in New York and Atlantic City. | _ Alexander Wolf, general counsel of | B | the Bank of Commerce & Savings and | B trust officer of the Second National, has | B |arrived in_Paris on a tour of several | B weeks in Europe. |B Fernando Cunibert!, president of the | B International Exchange Bank, is back | at his office after spending several days | ¢, in New York on business. 1 Miss Mary J. Winfree, secretary of | those caught in the storm. While mo- | to drive through water so deep that it | covered the floor of the car ‘rbachpd the Virginia capital, however, | but had to leave the car there, reach- |« "nz Washington at 5 am. Monday on | C a train which carried 13 extra day | coaches filled with stranded motorists. | i ¢ | Record Session on Exchange. M Today's session of the Washington | C Stock Exchange made a record covering | | many months. It was the quietest ses- | Ci | sion this only five stocks and one | C | bond issue appearing on the board |c Fifty shares of Chestnut Farms Dairy | C common sold at 97, Washington Gas|C sold off to 933 for a single share, Po- | CI | tomac Electric 514 moved at 108, and 20 shares of Norfolk - Washington Steamboat Co. sold at|C 5 | In the bond division there were two | Cl $1.000 sales in Washington Gas 6s, | series A, at 103%;. The market closed with a two-share sale in the unli department, of Raleigh Hotel Co. a 100, Loans Reach New High Marks. The Federal Reserve Board ounces that loans and investments of member banks of- the Federal Re- | C ve system on June 30 reached a new | record “total of $35,498,000,000, an in- | crease of $1,354.000,000 since February 22, the preceding call date, and of $2,- 531,000,000 for the year Broker to Entertain Financiers. W. W. Spdid of W. B. Hibbs & Co. { will entertain at dinner tonight at the | | Willard several members of the Chinese | a C c |c | e |c | ¢ resentative of the Nationalist govern- | ment; Sun Foo, minister of reconstruc- | Consol Textile. . Container A 1.20 | tion and the son of the Chinese Republic, Sun Yat-sen: M. | C P. Wang, president of the Central Bank | C of China and financial adviser Lee, special n office, hompson | , Trust Co. Wang 15 one | of the Orient | ¢ idy of the |C the United the founder of | st Federal Reserve Board Has Meeting. I B Airut Lis A quorur ard member Platt, J d Controlley McIntosh present morning’s meeting | board Air Line Rail . Commerce 0 ice August 3| C with nes Gov Commis- | | 571,000 of olidated mortgage 6| dite 1945, t reimburse expenditures made trust obligation: s requested to pledge for short-term | and hond; equipmer 150 W s collateral hority honds notes Hardw dem y this week t ymmer hardware most. irms are reportng ales t a year ago, while also expected 10 pass Augus Building 15 maintaining healthy tion, prices are notably steady and nl better TREASURY CERTIFICATES y J & W Beligman & Co) 7103 0ileah | Alaska J | Am | Am Bank NG | : Am Peet Sug pf. Am Loc AmWW&E Am Woolen, . Am | ArmourDel pf(7 | Armour Art Metal(1?, Asso Dry G ( | Asso Oil(2).. Atchison(10)... At Atl Coast L {AtIGulf & W Atl Gulf pf(3). 5 | Atl Refining (4)" 1 AtlasPowder(4) Atlas Pow pf(6) l“\ Atlas Tack | Austin-N 4‘0': Aus Cred(4.49). Au | Balto & 0(6). | Ba | BankofMan(16). Barker Bros Barnsdall A. Beacon Oi] | Best & Co(3). | Bethlehem Steel & | Beth Steel pt(7) 117 Bon Ami A(4). Booth Fisheries. main in the Adirondacks until after | Borden Milk(6). 1 BurnsBros pf(7) 106 Bush Term(g2). Calumet&Ar(6). | the Continental Trust Co., was among | Calu & Hecla(2) | CanDryGAle(3) | toring to Richmond Saturday she had | Can Pacific(10). 202% 2 Case Threshg(6) 315 She | Cent Alloy(2). 2% 4 Cent Alloy pf(7) 110% 110% 110% 1 “en Ry NJ(112) Cerro de Pas(5). per cent preferred | Chi Mil & StP pf Chi & Nwn(4).. “hi RI&Pac(6). Chile Co( Chrysler(3).. ;(‘)zy StB5% c o an- | C k Con Film pf(2). government mission now in the United | C | States, including C. C. Wu, special rep- | ConsolGaspf¢6) to the | Ce repre- | C: of the Federal Re- | C Young, | C and Cunning- | € Davison Chem Deere&Co pf(7)., Del L& W(17) | bodge Bros A. | Dodge | brug Inci4). | Duyont(t13 Kantman (18 Ty |k ] | ElecPow&Lt(1) fa [ FINANCIAL, NEW YORK STOCK EXCHANGE to The Star Office, Received by Private Wire Direct Open Alin 174 80 371y g 591 Onen 51% 8915 4015 Abitibi Power (4 FedLight(h1.40) Fed MotT(f80c) Fidelity-Phoenx duetn(2). Ajax Rubber nea Albany Papr Allied Chem., Amal Leather, \meradai am Agricul Chm Azri Chpf. Fisk 1st pf(7) Kisk 1st pf cv(7) Fleischmann (3) Foundation Co.. Fox Film A(4).. Frank-S pf(7 Freeport (1614). Her pr pfi6). briel Snub A.. rdner Motor nAm Tnk(4). 4 83 112 61 104 18 10 0 1 810 19 19% 19 Tl TN T1% 1160 1161 116 2 22 1% 30% Am Beet Su RIE 40 18% 0t 140 an 10115 1nt 1y Am Bosch. .. Am Br Sh(j1.60) Brown Bov. Rrown Bo pf Can(2) Can pf(7 AmCar&Fdy (). Am Chain pf(7). Am Chicle(3) 4 115 Gen Cable A(4). 72 en Cigars(4).. 60 . 9% 3 5 14944 14015 1 90 a0 80 10115 101t 1011, BBl Bty 84 TS C G 1% 11 114 92 a2 Am Hic LS T TU Am Ho 3 7 Am Tee(r2 1315 2 42 Am Internati(2) 94 84 93 Am LakFr&Foam 6l 615 61 Am Linseed 110 110 1095 100% mot(8). 90ty G0y 891L ROl Am MackFy(4), 148 148 148 148 115 315 115 115 1717 185 164 81 a1 80 80 10250 1023 1023 102% 146 146 1455 145% 120 120 120 120 | 63 64 621 61 3 3% 31 A1 1991 200% 19774 19918 1604 160% 159% 16 517% 517 5lu 5 110% 1105 110% 691, 681y T 107 1071 n Motors(7). 181 Gen Mot pf(7).. 12 nOutdrAd(2). i Gen Ry Siz(5 mbel Bros Adden Co. . 10 Dust(3). odrich(4) tham n( ould Coup. Graham-1 Grhm-FPaige cf: anby Min(4). rand Union rand Un pf Grt North pf. Grt Nor O(11 Grt Wn Sug Greene Can: Hanna 1st pf.. Hartmn Hershe Hershey pr(4) Hollander & Son Houston Oil, Howe Sound (1) Hud Man(213) Hudson Mot (5 Hupp Mot (£2) Am P& L(T1) Am POS L. pr(6). or(5) (6) 110% 6915 10 Toh pri6) (el 11linois Cen(7). Indep O11(1) | Indian Mot (113) Indian t pfe7) 110 Indian Indian | Ind Ref pf(7). Ingersoll R( Intan 1 Inspiration C InterboroRap 1891 Internat Agri. . 1030 1 Int Bus Ma(5) 1 63 | Int Cement(4). Int Com Engz Int Harv(i6) Int Mtch pf 3 Int Mer Marine Int Mer Mar pf. Int Nickel(2)... Int Paper(240). Int Paper pf(7) IntPap efs(2.40) In Pap pf efs(7) Intl Ss Int Tel & Tel(5) Jewel Tea(4). Johns-Manv (3). KCP&T, 1st(7) Kan City South. Kan C So pf(4). Kayser J (5). Keith-Albee. Keith-Al pf(7) Kelly-Spring Kels Hayes(2) Kels Wh pf(7). Kelvinator Corp Kennecott C(5). Kinney pf(8) Kolster Radio. . Kraft(g13). Kresge(11.60).. Kress (SH)(1)., Kresge Dept § Kroger Gro(c1). Lago O Lambert Co (16) Lehn & Fink(3). Life Sav(1.60). Lig & Myrs B 15 Lig & M pf(7 Lima Locomty Lig Carb(3.60) Loew's(i3) Loft. Lonz- Loose-W (1.60) Lorillard Co. Louistana Oi LouisGasA (1 Louis & ine conda (4) her-Dan atu 19 10% L LH(A). 1I(B) . 1 pf(7) 4R 4R hison pf(3). 19 54% 161% 1 80 80 108 108 12% 2% 4N 4 60 60 8% 8% 80 80 108 12% i 60 % e 60 Sales £ 10 & Ar(313). elding-He PrCt loomingdale. . i lumenthal pf.. 98 98 1% fa 159 73 36 B an 584 6l 118' 121 241 241 64% 643 47Tl 474 4315 431 40% 41 341 R4m 494 44 0% 704 ® 8 158 73 345 4 57% 1181, 241 6414 Boston & Maine. s MfgFCo. British Empire. rockwy Mot(4) rockway pf(7) 2disn (8). 241 6dly 4T 4T 43 434 40% 41 a4 Ban 44 adn 0% 0% 106 106 106 50 50 50 50 1074 108% 106% 106t u3 13 13 13 g TG 9 9 ey 45 45 45 95% 94% 95 705 70% 30% 300 314 rownShoe (213) runswick B(3) runswick Ter. ucyrus(1) ucyrus ev(23) uff Roch&P(4) ush Ter de(7). ush Ter pf(7). utte Cop & utte & Sup(2). utterick Co. ... yer & Co. alif Packg (4).. alif Petm(1) ‘allahan Zinc. .. 95 45 951 0% 307 McCall Corp(3). McCrory A(2).. McCrory B(2).. McKeespt Tin Pl Mack Truck(6). Macy (R H)(c5) Mad Sq Gar (2). Magma Cop(3) Mallison & Co. .. 73% 325 320 1% 6% rtain-Teed(4) 43% rin-teed prpt 9ily erto Corpn(i4) 71 andler-Clev.. 10 andler-Cl pf.. 21% hes & Ohio(10) 181 181 & O Corpn(3). 64% 64% hi& Alton pf.. 154 154 hi Great West, 13 hi Gt West pf. 2614 hi Mil & St P. 3515 4613 46% 45% 46 811y Kl% B0 RO 1% 1% 111% 111% 116 116% 115% 116 51 Bl 50% BOW 464 4615 434 320 111 76l 441 941y 71 10 2% 320 11 5% 43% Py entury Rib M. . 764 431 9415 7t B 9% 21% 228 1803, 180% 641 64n 151% 150 26 12y 26 ErA Man Elev gtd Man El r Man Shirt( Martin-Parry. Mathieson(6). May Dept S(4) Maytag(i3). Maytag pf (3).. Maytag 13t pf(6) Mengel Co.... Mexican Seab. Miami Cop(1). Mid-Continent Mid-Cont pf(7). Middle States. ., Mid States ctfs.. Midland pf(t Milier Rubber. Minn & St Lou Minn StP, 4 Mo Kan & Tex. . Mo K&Tex pf(7) Missouri Pacific Missourl Pac pf. MohawkMillsine Montgmry W (15 Moon Motor. ... Mors& sk (31 Mother Lo(30c). Motor Meter A.. Motor Prod ( Motor Whi( Mulling Mfg. Mullins B pf(8). Munsingwr(3).. Murray Corp.... Nash Motrs(16) I\nl Bellas Hess U Bisc(1634). Nat Cash R A(3) Nat Dairy (3). Nat Distiller: Nat Pow&Lt Nat Ry Mex 3% 'hi Pne Tool (6). hickasha (3) k luett-Peab(5). luett-Pea pf(7) 1 oca-Cola(6)... 160 ollins & Afkmn 56 564 544 ol Fuel & Iron. 584 591 0l Gas & EI(5) 3% 1145 11 a1 B8, T4% a7 1204 159 H41y 16014 158 ‘om Cred 1st 614 mInvTr(3.60) “om In Tr pf 6% m Solvents(8) ‘om Powr(13). ongoleum-Nair onley Tinfoll., onsol Cgrs(7). 145% 115% 14 99% 9% T4 I onsol Gas(5). . 9974 “onRRCuba pf 6 (e ‘ontainer B 60¢. “ont Baking A.. ‘ont Baking B. ont Bak pf(8). ont Can(5). nt Insur(6). . ont Mont (80¢) “orn Progt oty Inc(g5).. rucible St (5). CubaCaneSugar. uba Cane Su pf uba Compun than Am S(1). udany PKg(4). urtiss Aero(1). utir-Ham (314) uyamel Fruft.. ety (10). oa(4). ada C(1%). NOTex & M(7) NY Air Brd).. N Y Central(8). N Y Cent (1ts).. N Y C & StL(6). | N Y Doclk . N Y & Harlm(5) NYNH&H1) N Y NH&Hpf(7 60t | Norf & Wn(r10) | NorAm b10% sth hAm pf(3) NorAm Ed pf(7) North Cent(4) Notrth Pac (5).. Nor Pac efs(h). Norwalk Tir 01 Well Supply . 101 Well 5 pr. Omnihus, . OUs Klev(17). Otis Steel. Owens Bot(ci4) 2d pf. 1678 9K 100 50 ) B0 BOS 49 JAvISON Fts. .. .. B Wy 124 124 124 124 LT IRT O 1R6 1R L0 1300 130% 1301 Mamond M(19). 164 154 163% 150, 19% 187 105 9% 96, g00 g 96% 961, 50). 364 36104 36114 178% 179% 178 179 A2 4D 421 44y, K20 B2% TOW 798, 100 11 104 104 S4m B4 38R 84 1079 107v 1074 10715 M T B4 THY 0w o u 9 D9 g Emmerson Bpf. 4% A% 4% 4 End-John(b)... 7% TTh 77 Engin convigis) 970 98 9% Eauit Bldg (2).. 8% 31 i KaquitahleTr(12) 458 451 153 wrie 1R 60 B1% te istpf. .. Al 57 Kureka V(113).. 61% 63% Farbaonks(3)... 43 4“3 1% % 100 Sl 50 50 sel & Hud(9).. Bros pf 1 Dome Mines(1). ton Axle c Auto L(4). Electric Boat. ., e Pacific Gi A Pacific Light (3) Pac O11 Stubs. .. Pac Tel & T(7) Pac Tel & Tel pt Packard Mo(14) Pan-Amer Pet B Pan-Am Wn B.. Panhandle. . Parmi-Fm(i8). . Park & Ti1 (1) Park Utah(80c). Pathe Bx. ... Pathe Ex(A). 474 Bl 1 148 120 4 81w 1 115 120 Eleo P&LLpf(T) c Stor Bat(5) ik Horn pf.... Em Brantgm(A) i o A% i3 Bty 5614 6% 44 10 6l 10 Zak Close. | 32 | Patino M(2.92). Peerless Motor. Penick & Ford. . 4| Penn Dix Cm(2) | Penn RR (3%) & Marq pf(5) Huv Jon(3). Phila Co pf (3). Phila & R C& 1., Phil Morris(1).. I'nillipsPet(11%) Pierce-Arrow. .. Plerce-Arrow pt | Plerce Oil. Pierce O pf. . Pierce Petrolm. Pillsbury (1.60). Pitts Coat, Ju..e Pitts Ter pf6). Postum (3) Pr Stl Car pf(7) Produ & Retinrs Producers& iR pf Prophylac (i3 Pub Serv NJ( Pub Serv pf(6) Pub SE Po pf(7) Puilman Co(4). Pura 01 (30c).. 3) Purity Ba pf( tadio Corp. ‘0 Mot (11 ¢S4 nolds Spngs. Tob A(5) chfield Ol ia Ins(d) 1 Do 2) Lead(i3). StL & Sanl(i8) STL&SE 2d pd (6) StL&Sonthwest Arms () 4).. Schulte ( 1b Alr Lin ab Air L pf eazrave(el.0) Roe(1275) neca Copper Attuck FG( ell Un(1.40) immons Co(3). Simms Pete. ir Ol y O11(2 Packs r Ik So Por Rie South Calif South Dairfes A. South Dairies B South Pa South | StdOINY (1.60). Std P Glass pf.. SanPro(1.68) anley Co. . ewart-War (6) Studebaker (5) . Studebak pf . Submarine Boat. Sun Oil(n1). Superior Oil . Sweets of Amer. | Symington C1 A. { Tenn Copper(1). Texas Corpn(3). Texas Gulf Sul (4 Tex Pac C & Oil. Tex Ld Tr(new) Hm Fair(2.40), Fair pf(7). ird Avenue. Tidewater AsOil ) ac I Prod A(7) Transcont O . Trico Prod Udwd E Un Bag& Union Pac(10).. Utd Biscult 1.60. Union Carb(8).. Un Ojl Cal(2)... in Pacific pf(4) UtdCgrSt(C80c) Utd Cgr St pf(6) 7td Dyewood. .. Utd Fruit(i5%) U S Distributing U S Aleohol (). . Hoftman(4) . U 'S Leather.... US Leather A. . U S-Lea pr pf(7) U S Realty(4).. U S Rubber..... U S Rub 1st pf.. U S Smelt (3%). U S Steel(?).... U S Steel pf(7). £ Tob(3) P&L Ace2). Vanadium(14).. k Chem(4) > SEP(5) alkg(4) Va-Caro Chem. . Va-Car Ch pf(3) Vivaudou Co. Vuican Detin. .. Vulean Detin(A) Wabash Walworth (1.20) Ward Baking B. Ward Bak pf(7) Warner Pic A... Warner-Qu(z). . Warren Bros(4) W Penn El pf(6) W Penn El A(7) West P Po pf(7) | West DalryA (4) West Dairy B... West Maryland. West Md 2d pf. . West Pacific. ... West Pacific pf. West Union(¥). Westhse A B(2) Westinghse(4). Weston Electric | Wheel & L White White Moto White Sew Mach Willys-Ov(1.20) Willys-Ovd pf 7 Wilson Co pf A. Woolworth(5). . Worthn Pump. . Worth Pump( Wright Aero(z) | Wrisley(153). Yale&Twne(15) Yellow Truck Youngstn Sh(5). a0 0T 11 am. 1pm.. ‘| Dividend ru 1385, 14 & Hourly Sales on N. Y. Market. 12 noon 2 pom. 570,100 1,854,500 9 149 “ | pressure 160% 160 56l Dbtk 1461 1464 997 99% 124% 124 116 116 H Market Shows Irregular Con- | dition Under Pressure of Heavy Liquidation. HUGHES. pecial Dispatch to The Star NEW YORK, August 14—Selling, vy at intervals, brought spasmodic action on the Stock Exchange today. The money threat was used to the lim- it, and quotations came down when the was_greatest, only to | when it was lifted, Al the opening price changes were | mixed. Affer a brief period of hesita- [ tion. however, a wave of liguidation swept over the entire list. Stocks were offered n volume and losses of 2 to 4| points in leading industrials were com- mon. Montgomery Ward one of the most sensitive. dropping 4 poin | General Motors yielded readily. Motor opened down and increased the loss | 1ater on rally | was Credit Status, 1 Even such a strongly supported stock as Chrysler gave way. Chrysler, how- ever, came back much more vigorously, and during the forenoon ruled higher on the day. The volatile Warner Broth- ers Pictures went through a wide range of fluctuations, sinking more than 3 | points, and then rushing up to a new record high above 84. Stocks which were more consistently lower included Allied Chemical, Coca Cola. General Electric, Johns-Manville and Sears-Roe- [ Notwithstanding all these recessions, | ket never could be classed as | ak. There was no wide-open brea nd the tape forecast none. Under- | heath the whale situation was the same obstinate resistanee to a_eritical eredit atus which even professional Wall Street finds it impossible to explain Probably as much_interest attached |t the action of U. S. Steel as to an | | one stock. The recent strength in steel common has brought out an abundant. crop of rumors as to this or | that impending development. The | chances are that all these guesses are wide of the mark. The improvement in the steel trade is real and substantial, and there is a large short interest in the steel stocks, but beyond this all 1 conjecture. Steel Slightly Highes U. S. Steel was fractionally higher at | the opening and only sold off moderately when the rest of the market was re- actionary. Republic Iron & Steel was the strongest of the independents, mak- | ing up the dividend which came off the | price today. Money renewed at 7!, per cent, the | rate which prevailed all of yesterday. | Demand and supply were about evenly | matched. At one time predictions were made that the rate would go higher be- | fore the close, but later on more funds came in to the 1nap desk. Quotations | for other kinds of accommodation heid | at their recent high points. i In the early afternoon call money | dropped to 7 per cent, and the market | allied (‘hn-\"r reassumed its leader- | ship and to the accompaniment of an | enormous turnover ran up to 97, the | | highest price tor which the stock ever | | sold. General Motors still sagged. but | Packard was very strong. Brockwa Motors was takzn up and, selling above 60. made 2 new high since listed The amusement stocks came in for more attention, Paramount - Famous, Pathe Exchange, Keith-Albee-Orpheum among others. American Smelting & | Refining crossed 200. Steel held sligh! under the previous close. and Mont- w . | gomery Ward was still down on the day. T a8 A50,600 1,643,000 as glven in the above tanle are the sunual cash payments based on the | 41': | latest auarterly or hall-vearly deciarations 1615 | D i 1 Partly extra 6 | $3in preferred 124% | & Faid this v able in stock abla when earned stock.” il oc * plus 1130 1780 | Unat 0% § Ila% 1n s 10 1 uh o 141, | Company 29 Ladlantic Gult o1 tef 1 par By Products € Chickasha Cot O1) D Pender ClL A pf Dartmouth Mfg Do pf oup No 1 01l Milling ot Ine pt wk Carpet une Met €l Okla G & E pf Ontario Mfg (In) Do pr (In) Pura-Fam-Lasky Pa G & EClA Do Class B Do 1o par pf Do 7. “pt Rand Mines Ltd (Amer shares) Texon Ol & Land U 8 Freight A 10% h Partly trading R, less than £ Plus 4% 10 sto Lock. —nG regular rai Plus 5% In stoc 1 Plus 100 shares. 172 © Payable in n stock stock. 17130 share Payable 1/10 Stores com K non re ate. viod sl Q Q Q Q Q 100 175 175 M 62)c A i Plus Quarterly hare quarterly in stock. B Plus DIVIDENDS. Hldrs Aug den Qet 20 1 10 Lick of funds compelled 6,000 strikers 9% on the East India to return out five months, [ Indian Railwiy work, in British alter beng so that there was enough irregularity to give the market as a whole an un- certain appearance SHORT-TERM SECURITIES. (Reported by J. & W S!:tlm‘l\dl Co.} Aluminum co, of Amer ican Radiator 4! Amer 3o e el a5 Ansconda_Copper s 1029 Bult. & Ohin 41.s 1933 Batavian Pet Corp. Bell Tel. of Canada 55 1953 California Pet. Corp. 5':s 1938 Canadi; t. Ry. Co. 413s 1930 Canadian Nor. Ry. 4':s 1935 Chesapeake & Ohio 4135 1930 | Columbia Gas & Elec. 55 1952 | Cudahy Packinz Co. Duauesne ing 4tes 196 | Edison E1 11 of Bost 1930. | Erie Rwy. Co. 7s 1930 Gen Accep. Corp. 65 1937 Gen. Petroleum C 1940, G T. & R. 55 1957 Grand Trunk of Can_6s 1936.. Guit Ol of Pa. 55 5s 195 25 1047 ‘1o29 K} foi b dve! Humble _ Oil Mass. Gas Co. New York Tel Oreson Short Pure Oil C Shell Union OIl 55 1947 1 *B1as 1046, 6s 1941 Union OIl of Calif." 5s 1035 U. S. Smelting 5tas 1935 Western Elec. Co. *3s 1044 Westinghcuse E_& Mf. 5¢ 1946 Wheeling Steel Corp. 5'zs 1948 NEW YORK BANK CLEABINGS NEW YORK, August 14 aSpl’clah.—~ New York bank clearings. $1.042,000, 000: New York bank balances. $111.-! 000,000; New York Federal Reserve balances, $81,000,000. Kerosene Price Advanced. NEW YORK. August 14 (P).—Stand- | ard Oil Co. of New Jersey has advanced | the price of water-white kerosene for | {export !y cent a gallon, to 18.65 cents I T T I WILL SELL M. 8ras, ton Apartments. Units Real Estate Guaranty @ Kiy. Keal Fstate 1918, 1933, $500 Law & Finanee G. Mortzage & e & Guar- . ptd. @ 8. Mortgage & Investment % pld. Bid. pid. ' Hid Nat. Capital Mortgage @ 80, Units American Bond Co. @ 80. Washington Arcade nfd. Bid. Washington Arcade com. Bid. Miller Train Control. Bid, Thomu L. Hume 1412 G St.—Main 1346 Over a Third of a Century’s Experience Approach of Fall presents many problems that must be solved before your apartment in tenanted to your entire satisfaction. Let us go over them with you. Our service especially justifies itself when called on in an emergency. SAUL ( 2100 i 578 Main 925 15th Se G.M..P. MURPHY & CO. WASHINGTON Richmond New York MEMBERS New York Stock Exchang Washington Stock Exchange Richmond Stock Exchange Chicago Stock Exchange New York Curb Market Copy of our “Fortnightly Review” on Request 1508 H Street Connecticut at K Main 9600 Private Wire and Telephone to New York F. B. KEECH & COMPANY Members New York Rubber Exchange Chicago Board of Trade New York Cotton Exchange New York Curb Market New Orleans Cotton Exchange New York Coffee and Sugar Liverpool Cotton Exchange, Ltd. Exchange Assoc 1510 H STREET N.W., WASHINGTON, D. C. New York Stock Exchange Washington Stock Exchange Chicago Stock Exchange New York 52 Broadway Philadelphia The Ritz-Carlton Providence Grosvenor Building Chicago 231 So. La Salle St. Private Wires to Providence Richmond Chicago New York Philadelphia Baltimore Boston Telephone Main 245-6. Cable “Keechco” 1 (6933 The SEAL of SAFETY fllsured \ Mortgage / ) G UARANTEED SAFETY | - AND 619, YIELD Insured Mortgage Bonds of the Federal Security and Mortgage Company embody all desirable safeguards for the protection of the investor's principal. Secured by mortgages on conservatively appraised owner-occupied homes of the District of Columbia, thevy are the direct obligation of the Company with resources of over $1.000,000. Independently trusteed by a large National Bank and with underlying collateral unconditionally guaran- teed by the Equitable Casualty and Surety Company of New York, with resources of over $3.500.000, under the supervision of the New York State Insurance Depart- ment, they present an unusual investment with a liberal vield of 615% net. Descriptive Circular Sent on Request Federal Security ¢ Mortgage Co. 1§22 K Street N.W. CAPITAL & SURPLUS OVER $750.000.00 OLDEST National Bank in Districe of Columbsa Improvidence Exacts Unavoidable Toll. The destination « expenditures equal or twelve months yearly- almshouse, or its present day equivalent. That's as obvious as saying one can't consume his cake and con- serve it, vidual whose earning the inc exceed the alm too. | Fix a difference between your income and “outgo”"—and bank that ar promptly, Every Pay Day. We'll add 3% compound interest to yvour money—give it the protection of Washington's Oldest National Banl 1tio Trust Dept. ount Safe Deposit Boxes Travelers’ Checks Open Unlll 5:30 P.M. August lSth for Pay-Day Depositors’ Convenience = Compound Interest Paid on Savings Or Moare Will Open a Savings nt National Metropolitan Bank Captal, Surplus & Undivided Profits, Over $2.000.000.00 15th St., Opposite U. S. Treasury Organized 114 in 1814 Years Old