Evening Star Newspaper, August 23, 1928, Page 14

L S FINANCIADY & POTOMAG ELECTRI; | INCOME INCREASES Monthly Report Today Shows Gain Over Figure in July, 1927. Abitibl Power (4 Abitidi Po pf(6) Abrahmé&Straus Adams Exp (6) Adv Rumley... Ahumada Lead. Air Reduetn(2). Ajax Rubber. .. ska Junea. Albany Papr(2) Allied Chem. Allied O Allis-Ch: BY EDWARD C. STONE. the monthly report for . the Public Utili- | 4m Agrieul Chm | Am Agri Ch pi e total met income ) 3 Bt N(f Electric Power Co.|Am Beet S | Am Bosch ‘ Am Brown . Am Brown Bo pf | Am Can¢ { Am Can pf( | AmCar&Fdyv(6). {AmC&F pf(7). | am Chicle(3) AmChie pr pf | Am Drug89¢). 1A neani 2. 40) Am Express(8), Am & For Py | Am Hide & L pf. m Home l Am lee( | Am Internat mal Leath ‘Amerada | Am Loco ;-n,i | Am Metals(3). Am Piano. . Am P & L(f1). es Am Po&L pf( ncome of [ Am Radiator(3) Ry Ex(6) Republic. Marrington, operating re- seven months of | mission, reveal | ions of 8! ith $4.92: ,. 27. This 485,173.46 so far this | Am ! Am Sugar.. < requi 283~ | Am Sumatra 148.835.11 t year, 04 81 After ds e corporation had m nprr'\'mm of $3.123.- 207864 in responding seven months_las: ease of & \"("‘ the deduction of operating e: the company had gross earnines | .80, compared with $2874.- om.r\ s total | come for the first seven month our 11 peeT 86.44, comparsd | R oo vear ago. a g | 0500 DS SN > Arvhlssmlu) | Atl Coast L1 Atl Gulf & WI.. Atl Refining(4). Atlas Tack Austin-Nichois. Aus Cred(4.49), Bald Loco pf Balto & U(6) BankofCom1(18) BankofMan(16) Barnet Leather. Am Tot | Amww AmW Wist pf(6) | Am Woolen pf. Am Zinc. A comh It her Dan r Del pf(7’ Armour, 111(A). Armour, 111(B). Armour.11l pf(7) of ‘-‘05 916.91. ; W.R. & E. Earnings Off in July. 4 The July statem®nt of the Washing- $on - Railway & Electric Co. was also ith the Utilities Commission to- show a net income of $10,447.73, against the larger geturn last year of $35.125.26. T ol operating revenues for the nonth were $460.506.99, compared with r figure a year ago of $472 Operating expenses and taxes vere heavier this year, being $403,779- | Barnsdalla.... 80, compared with $400,801.66 last year | Bayuk 1st pf( corporation had total | Beacon Oil income of $56.728.09. g Beachnbit(13). ared with $72.14651 in July, 1927. | Belding-Hemwy Rehurns for the first seven months | Best&Co(3)... Pt the present vear revealed operating | Bethletiem Steel Tevenues of $3.401411.68, against | Beth Steel pf(7) $3451 48246 year ago. Operating ex- | Blminzfle pt(7) penses and taxes required $2.774.609.40 | Bon AT A #gzainst the higher figure last year of .Booth Kisheries. $2.364.250.74. This left an operating B““;" f‘"‘«;h“:fl . income for ‘the period of $628,802.28, | foTden MUK (6}, 2gainst $507.231.72 a year ago. et sl einag The company’s non-operating 1nrnme‘ B ;“W totaled $729,206.94, compared with $665.- B";ZIW "r““ 735.23 last vegr. The company’s qrosslm':l “;’,‘,Yl{’ :é’ income after th= deduction of operating | n” -t fm"“ ) expenses and taxes reached the sum | g YRHARC. of $1,356,000.22, against $1,262.966.95 m‘ b iingi 1927, Bucyrusevizi) After all the usual deductions the g e'pehtlels) company reported a total net income | | Buft & Susq. . for the seven months of $901.482.21 In | pyurnd Brosa(s) comparison with the lower figure for | Bu the same period last year of $300.040.87. | burnamrereril) Washington Gas Comes Back. | Burroughs(74). Washington Gas Light stock ad- \S“x““l';gf’”';? ). vanced on a five-share sale today 0 96, | gy €% et the figure it reached two weeks ago. ‘R”“emk ik Peoples Drug Stores preferred was the | puo St o« - - most active issue, 45 shares selling at | By-Prod(12.45) 108, Mergenthaler sold to the extent ke of 30 shares at 1003, and four more | Callahan Zinc... at 1001, Calumet&Ar(6). Ten shares of Columbia Sand & | Calu & Hecla(2) vel preferred came out at 91%. One | CanDryGAle(3) undred shares of National Mortgage & | Can Pacific(10). 1vestment preferred opened at 4'; and | Case Threshg(6) 100 more moved at 4%. Commercial |Cannon Mills... National Co. preferred registered 105. | Cent Alioy(2). Bank of Bethesda stock appeared on | Cent Alloy pf(7) the board for the first time in many | Century Rib M. months, seven shares selling at 65. Cerro de Pasi5) In the bond department Potomac |Certain-Teed(4) Electric Power 65 sold at 108. while | Certo Corpnit4) Gas 6¢. series B, moved at 10415 on a | Chandler-Cley.. emall turnover. Chandler-Ci pf. Ches & Ohio(10) Broker Off for Atlantic City, C&O Corpn(3). J. William Harrington of W. B. Hibbs | Chi# Alton. & Co. left the city early today by motor j;'” & Alton p! for Atlantic City, where will spend { Ch! & East 11l pt vacation. enjoying the breakers at | Chi! Great West, New Jersey resort. Mr. Harrington | Chi Gt West pf. ith the house of Hibbs for | Chi Mil'& SLP.. or since the death | Chi Mil & StP of For eight yean Chi RI&Pac(6). Incal office of John | Ch! R1&Pac(6). : Co. on H street. He isa|CR1&Ppree). \e National Press Club, the | Ch! ¥ b(3). rade and several other organ kasha (3).. hich have no connection with | © tidn(2.40) ties in Wall Street v il o a., he yearned for . Ly 5 to conquer, came here when | C1tY St B 6% stk and has lived in the Capital ever G years, uett-Peahts). Coca-Colai6),.. ilinx & Alkimn ! Fuel & Iron. Col Bou 1s1(4) Col Gas & E1(5) | Col G&IZ prA(§) Col Carbon(4). . Com Cred(1)... Com Cred int 614 I' om Cr ![‘fk“u), e 3% CominvTr(3.60) ”l"‘v"h‘] BAIUT- | Gom Solvents:8) Com Powr(13). e i {C Ni K being the | “ongole:m-Nair | CongCrrs(t4%) thusiastic over | Consol Cgrac?). 15 that busi- | ConCigpruf (6% g | Con Film pte ng Consol G that ne: Benk Adopts Saturday Closing. * of the Mount Vernon nse the ! the to announce- ude H. Woo mportant m mean that all the urday a'vmd ng | Coutainer 12 6oc, | Cont Baking A.. ont Baking B.. Cont Buk pf(s). Cont Cantb) Cont In. Cont Mont (Ke) Named Convention Delegate, president Washing ector inth annual | Ban Jctober 8 be held at | conven- | pansion | terma SxBank (20 0113%). oty Incigh), rucible £ (5). ubaCanefugar “uba Cane Bu pf “uba Company . nAm &), idany Pkg(4) rtiss Aerocl) sshman's(§4) Cutir-Hami3%) Distriet of the Notes, w Financial Larner hington desk Pa tant secrets tend into September Washington " & Co hi: of returned e bay offer & Aoriyage ¢ LOMOrTow Davison Chem Debenh Deerek(o p el & Hud(y) el L& W(17) Devoes 1t CIA 1S 1 Diaraond M(19) Dodge Bros A. | Doage Brow pf 1 | Dome Mines(1) Drug Ine(4). ... Duponti113.60) | Dug Lt 1st(6). . | Bastmanc1¥) | Eaton Axiez), . ®).- | Eisenlohr&Bro because of | Viee Auto L.(4) tie wheal | Kiectrio Bost | ElecPows L1y lee Stor Batis) End-John(6)., .. Eoginesrs Pub s ernment of the dom: » permit. the imporia ain for seed to be dis btued szng farmers for the neat . 124 Onen. Righ. Low sa1; 90 100 100 333 a1 100 515 41 lpu 515 89ty THE EVENING - NEW YORK STOCK EXCHANGE - to The Received by Private Wire Direct Close, | 52 20 1907 4 1228 150 I 1 1044 108 N 130 1 140% 140% 140% 140% 205 0% 2 115% 115% 118 88y 111 1% 65 101 6% 120 116 89% 115 474 17% 844 1031, 103% 1475 1T% 147y 124 120 100 10% B8y 395, 4810 163 4% 145 14N 4 4% 4 64 64 64 116% 1168 116% 110 110% 108t 649 649 649 16% 7% 0 60% 60% 60 119 119% 119 109%; 109% 109t “ 554 163 8% 36 57 165 8 36% 641y 128 244 69 16; 8% 36% 6213 44 69 23 98 36 36 1200 120% 301, 105 1458 1 0% 0% 9% 10% 45 45 10015 1001 0% T0% 3- 100% 26% 79 21215 3 48 40% 110 1% 78 41 7915 10% 2114 1847 1845 657 6515 105 10% 16% 15% 61 6lg 19% 134 200 7% % 1051 97 26 78% 21 35 474 393 110 11% 77 4% 8% 10% 21 184 110 11 77 44 R 10% 101% 31% 514 47 440 4 101% 1 31% Alla 51 49 4 R, i 163 6ty 61% 6% 1174 1067 10 61 08 o 1067 A4 BTN 31% 31 BBY 88l 26 U 2 B0 R0% R0 169% 173 1 24% BRly 146% 147% 4% Bl 1145 9% 1%, 690 158 1197% 114 Biby 1244 05 4 4 A n 24 186 18 784 4 106 107 1 i 19% 1004 Bl 1007, 19 99 8 10075 1004 100% 183 184 ATh 4BY 200 22 B K7 0 1Y 40t 47 5 0% 99 i, 1531 47 10 s % dil i 864 Bl Bl ST 1 117 118 178 § st | o 17 Fng Pu & pf(s). Equit Bldg (2).. HaquitahleTr(12) Erie R R. Erie 1st pf Fed Light pf(6) ied MotT f80¢c) | Fidelity-Phoenx } Rifth Ave(6ic) . rst NatS(1%) Fisk Rubber. ... sk 18t pr(7 sk 15t pf ev(7) hmann(3) Fox Fiim A(4).. Freeport (1614 ). Fuller pr pf(6). Gabriel Snub A. Gen Am Tnk(4). Gen Asphalt. ... Gen Bakg pf(8). Gen Cable. ... Gen Cable A(4 Gen Cigars(4) Gen Elec(15)... GenElec sp(60c) Gen GasA(oll) Gen GasB(el1g) Gen Ice Crm (3}, Gen Motors(17). Gen Mot pf(7). . Gen Outdr Ad(4) Gen Ry Sig(5) Gen Refrac(3) | Gimbel Bros. . Glidden Co. Glidden pr pf Gold Dust oodrich (4) oodyear Tir oodyr s otham n(12 Gotham pf(7).. Gould Coupler A Graham-Paige.. hm-Paige cfs nby Min(4). nd Unton. nd Un pf ( rt Wn Sug 2.80 Grt Wn Su pfi7) Greene Cana(4). Guantanamo Su. Gulf States Stl. Hanna 1st pf. Hartmn B(1,20), HavEl Ry pf(6) Helme G W(5), Corp.. hey pri4).. Houshold(14).. Houston Ofl.... Howe Sound (4). Hud Man(2 Hud Ma 1| Hudson Mot(5). | upp Mot (£2).. 11linois Cen(7). Indep O11(1). Indian Mot(1%5) * | Indian Mot pf(7) 1413 | o | 61 1 109 649 Indian Retining. ndian Refg ctfs Inland S(k16%). inspiration Cop. LnterboroRapTr Internat Agri. .. Int Ag Ch pf (7). Int Cement(4).. int Com Eng(2). Int Harv(j6)... int Harv pf(7). Int Mtch pf 3.20 Int Mer Marine. Int Mer Mar pf. { Int Nickel (3) 119 1091, 721y T 55t 163 % 361 634% 45 98 B 120 30% 1057 18 1015 31y 51 49 45ty 9613 B 1% | 61 68 Tha 118% 1074 87% 31% | sl 1161 g | 247 | 18% | 100 6% 100 100% o 18 474 1 s 81% o 42 im | Mo K&'Tex pf(7) Int Paper(240). Int Paper pf(7) IntPap cfs(2.40) In Pap pf cfs(7) Int Ry CA pf(5) Intl Salt(5) Int Intl Silver pf(7) Int Tel & Tel(6) Jewel Tea(4)... Johns-Manv (3). Jones Tea...... Jones & Lau(7). Jordan Motor. .. Kan City South. ayserJi(s).... Keith-Albee Keith-Al pf (7). Keily-Spring. .. Keily Tire 6% pt Kelly Tire 8% pf Kelvinator Corp Kennecott (8).. Kinney pf(8)... Kolster Radio Kraft(glig).... Kresge(11.60).. Kresge Dept S.. Kress (S H)(1). Kroger Grotel). Lago Ol % Lambert Co (16) Lee Tire & Rub. LehighVal(313) Lehn & Fink(3). Lite Sav(1.60).. Lig Myers(15).. Lig & Myrs B 5 Lima Locomtve. Liq Carb(3.60) Loew’s(13)., Loft.... Long-Bell(A).. Lioose- W (1.60). Loose-W 15(7) Lorillard Co.... Louisiana O1} LoulsGasA(1.75 Louis & Nash (7) Ludlum Sti(2).. McAndrews 2.60 McCall Corpt3). MeCrory A(2).. MeCrory B(2). . McKeespt Tin P) Mack Truck(8). Muckay(7).. 1 Gar (2), Magma Cop(3) . Mallison & Co. | Mandel(2 ). Aunll:umrn Man Shirt(2) Market St prior. Marland O1l Mar-Rock Marun-Parry Mathieson(6). May Dept 5(4) Maytag(13). Maytag pf (3).. Maytag 15t pf(8) Mengel Co MetroG pf(1.39) } Mid-Co Midd Mid 8t Midland pf(i Miller Rubber. . Kan & Vex., Migsourt Pacific Missour! Pauc pf Mohiawk C 625,¢ Montgmry W (16 Moon Motor. ... Mother Lot3oe)., Motion Pic Corp Motor Meter A, Motor Prod (2). Motor Whic2 Mullins Mfg Munsing wr(d) Murray Corp Nash Motrs(18) Nash & Chat(7) (sta). ). tCash R A Nat DaIry (d), .. Nut Distillers. . Nat inamel & § Nat Pow& L) Nat Ity Mex Supply (16) NatBupply b7 ety c1o) ) Nevada C(1%). N Y Central(¥). N Y Cent (11m) VY C & BLlib). NYNH&H() N Y NH&H pf(T N Y Onté Westn Norf & Wniri0) NorAm h10% st} NorAm K pfi1) North Pae (b),, Nor Pac ete(b),, Norwalk TUe.es Eureka V(114).. Oven. 98 317 480 528 b 67 104 19% ] 12% 42% 10 618 61 78 8hie £5% 10514 % 22% 70 T 141 251 TN 611 1581 1M L 66 78 187 125 116 1014 fi 63 6915 200 46% 16 78U 627 598, 285 1401 1054 122 180% 129 126 121% 8 504 66% 8074 24 109 112% 33 110% 21% 99 52 30% R9% Ry 40 119% 281 14h 145 60% 47 72 102 104% 680a 43t 6 620 19% 136 Al 1% 43 10418 178 16% 16% i3 91% 41l B0ty 9t 1144 0 24in 168% L 124% nhh 14 27% 18 (ESY 1015 q7% 96 4 Hieh aRly 31 48R0 527 bR 677 104 21 Low: Close. "R 311y m 1 §y 244 1674 [ 124% (e 14 27% 1831y T3 1014 97 oy 480 Star Office. 981y 31% 011 Well Supply. Omnibus OppmCollins (£4) Otis Elev(17)... Otis Steel...... Pacific Gas(2).. Pacific Mills. ... Pac Ol Stubs. ... Packard Mo(t4) . Pan-Am Petrolir Pan-Amer Pet B Pan-Am Wn B.. Parmt-Fm(j8).. Park & Til (13). Park Unh(suc) Pathe I Pathe Ex(A). Patino M ). Peerless Motor. Penick & Ford. Penn Dixie Cmi. Penn R R (314). Pere Marq(18).. Phila& RC& 1. Phil-Jones pf(7) PhillipsPet(1%) Phoenix pf(7).. Pierce-Arrow. ., Pierce-Ar (A) Pierce-Arrow pf Pierce Oil. . Pierca Ofl pf.... Petrolm. Pillsbury (12.10) Pitts Coal. 4 Pitts Coal pf.... Postal T&C pf 7. Postum (3)... Produ & Refinrs. Pub Serv NJ (2) Puliman Co(4).. Punta Aleg Su, Pure Oil (50e) Purity Bak(3) Purity Ba pf(6). Radio Corp. RadioCo pf(314) Reading Ry (4). Reading 1st(2). Real Silk Ho: Reis (R) & C 524 57 6% 407, al'y 17 139% 80 a 63 2 20 % 41 AT 86 1015 19115 tep | & Si4) Rep 1 & S pf(7). Reynolds Spngs. ReynldsTobB( Richfield Otl¢ | Rutland pe St Jos Lead(13). StL & Sank'(18). StL&Southw, StL Swn pf Savage Arms | Shattuck FG Shell Un(1.40) Shubert The(s). Simmons Co(3). Sinclair Ol | Skelly Oil12) Snider Packg Co Snider Pkg pf. . So Por Rie Stf. NN 62 outh Dairies A. South Dairies B. South Paci6). South Ry(8).... SouRyM&Ocfs 4 Spang Chaifat. Spicer Mfg. .. Std Com Tob(3). SdG&E (335). Std G & B pf(4). td Milling(5) Std O Cal(23).. StOUNI (T115) . StdOINY (1.60). Std P Glass pf.. StdSanPro(1.68) Stanley Co Stewart- Strom Car( Studebaker (5) Submarine Boat. Superior Ofl. . Superior Steel Symington Symington Cl A, Sweets of Amer. Texas Corpni3). Texas Guif Sul(+ Texus & Pac(5). Tex Pac C & Oil. Tex Ld Trinew) The Fair(2.40). Thitd Avenue. . Tidewater AsOil Tidewater Oil 80 Tide W Ol pf(5) Timken(75). Tobac Prod(m). nscont Oil. .. Transue & W (1) Trico Prod(2%) 'win City R(4). Udwd E1 #4). Un Bag&Faper. . Utd Biscuit 1.60. 46 16615 Union Pac(10) in Pacific pf(4) td Cigar St(1), Utd Dyewood . Utd Fruit(16%) Utd Paperboard. U8 Distributing U S Hoffman(4). U 8 Aleohol(5). . U S Leather.. US Leather A.. U S Lea pr pf(7) U S Realty(4) US Rubber. U S Rub 1st pt U S Smelt (35). 494 115 4t Oty 1064 B Ain bl date Adte 500 140 891y )79 19 0% Uni L’ie 1t pr(8) | Univ Pipe & ftaq ULl P&L Acez). Vanadium(14) Viek Chem (4) . Vietor Talkg(4) Vietor Tui pf(6) Va-Caro Chem. . Va-Car Ch pf(3) Vivaudou Co Vulean Detin, Wabasn. Waldorf(1Y, Walworth(1.20) Ward CLAK), .. 901y Ward Baking B. 184 Warner Pic A. .. Y Warner-Qu T 1 Warren K&D| PN W Penn 1 pfi6) 101 LA 1101 West I Po pf7) 11ty West DaliyAcd) 60 West Duiry B. . " West M i West 1 iy Wenth At Westinghse(d). 1010 Westhse Ist(4). 101 Weston Bleetrie 220 White laglecz) 24 White Motors(l 31 White ltock (%), 38 White Sew Mach 45 [ Willys 0v1.20) u2le Willys-Ovd pt 7 074 Wilson & Co, ... |4 Wilson Co pf A, 2844 Wilson & Co pt. iy Woolworthih).. 190 Worthn Pump.. 35% Wright Aerocd) 156% Wrikiey (16%).. 094 Yellow Truck,.. #24 Youngstn sheb) 91 am 100 Lom. 1785,500 Dividend rutes wa giver are the annal cash puy inteat quuiterly of hall * Unit of trading 1 oPaiily extrs b Plus 4 310 D ) a buid i able i slock abie when earned stock T Plus 10 0 stoek, b Partly stock. &k Plus 17120 stoe 1A% In stoek. NEW YORK, Chicag s than STAR, WASHINGTON, D. €, THURSDAY, AUGUST 23 FINANCIAL.” 84 400 s 17 140 8274 64 24 20 i 410 47t N 10 N0ty 107 90 Q0% 60 bl 100% 47 19 T % 16874 P 1064 5 Baty FEDY 151 140 Lo 119 10' 140 B9y 0 Win 1% B0y 184 nhla 18 101 1100 w1 1ot 1ot 1o 1By 1Lby 11 60 66 YPITR By 46ty A4 4L i S0W i1 Al i 4L Wi 100 100 J03% 101 1od A gl 48 1 0 193 i0 15 it T 1019, ourly Sales on N. X, Market. woond, 256,900 2 pm the above table 100 3 i stock Phin 172 rewulur rate e 0 stock e Pavable 0 oanl n - atock tack shi m Payaple 1710 shi United Clgar Blores common stock ¥ Plus 6 V plus 200 aunrterly i auarlerly in o Plus Preizhi Revenue Gain, August o & Northwestern Rallvoad han- 23 (A), ~The dled 144,305 revenue freight cars in the 21 days of August, 042 ia the same period las mmlmrrd to year, STOCKS IRREGULAR [ 10 | hsted i | demand | istor, | new | ittie ! Central | Banks Wall Street Briefs Directors of the ard Commer Coppers Feature Early Trad-| [ ing—Realizing Appears } i Figiols ,;",J,',‘, in Several Issu HUGHES, BY GEORGE cial Dispa ‘W YORK standing the corded in the market gave toda, tion and an impre lying strength Thi Inans was dv tion of the vealed in the report t past 10 d e statemen er th | day. No concern indices of the credit itested, The lis forenoon ernoon. early in sion an active and guietl Copper st day. the wa | Mont the expr tradit Monig time same fou ery W at 201 at 191, top by 99, had bec . tially offset by buying ralls. Delaware & Huc and there was Marquet pper stock early trad 16 at r began _with m Smel is stoc! nt_for point da this d con- ined over ed to the mped mov 228%5, a record es Tun it we above 97, Granby Mining top for the yea Many special Unusual activity up nearly 4 pe which had the pushed Brockwa: same. Park & Ti tric Autol uets preferred were otl On the other 1} deal of realizin Sears-Ror phur_stocks, dav before, ber ah M. zed support, to) wh higher. More a motor accessories, ‘obaccos in Demand tobaceos mand. Products Cigar o the leaders. A | ton and Atlantic Refink held their United Steel stocks more. up fr mand Alloy developed the independents. by were not much char Money renewed at te that p: led all 000,000 in the NEW YORK, A fim; coppers reach dull; s hold s changes mixed; fr: low. Cotton dec weather steady: Coffee higher; by CHICAGO, Augu wigher: sympathy firm: North tle steady to w frost could no N X EAV}\ CLL‘\’{INGS NEW YORK. Au 002,000 $90.000,00 York $59,000,000. TRFEASURY CLRT! "ICATES. (Reporten by J & W Rate - Maturity 3w 1 3. 10 45" Dec V8¢ Bureau an- | A Btr s Amer Colort Amer Ship Do pf Co & LEAD SALES GAIN. YORK 2 Lo Jour hoth uncha of the Do b Ludlum_ §ife Math Atkull Do pi W N Toddy Uni T Waldurf Do pf | GERMAN BONDS AND STOCKS NEW YORK to The Al New ysler Stock. NEW YORK, August 23 (). —Chry Corporation bas lsted 30,000 lonal shires of 1o-par comman stock t sold ut but at not are to b el arr draw Tootid ! Hanin | b an Gen' e do | EOAR Gur Gen ke used 4000 42.00 A EDERAL IANU BANK BONDS b b pecial DIswated 1o The tort 4 Frankfort - 2 and Privat Bank A 00 100 5 0} 13.00 | Digeonta Gellachnth erliner Hardels Bank Rank o Vienna Narth" cletman’ i Austrien A B G (Uen B 1600 . 104iop 100 180 d Land Bauk 53 May dedlowsl a3 f—% Mnncy Available fOl’ Every FIRST DEED OF TRUST LOANS* On Completed Properties and for Construction U Reasonable Interest and Commission Rates JAMESF. SHEA 643 Louisiana Ave. N.W. Banking Service At Every Banking Office Commercial Savings Trust Real Estate Foreign Exchange Safe Deposit Departments {ERICAN SECURITY We Finance Mortgage Loans 5%2% and 6% e our long experience and close co-operation in ecuring your Mortgage oans on business or ential ick de property. ion's. 15th and Penna. Ave. Five Banking Offices Capital, $3.400,000 Surplus, $3.400,000 WASHINGTON'S LARGEST TRUST COMPANY Mortgage Loan Depar'ment SHANNON & LUCHS, Inc. 1435 K St. N.W. Ph Capital, Surplus & Undivided Profits, Over $2,000,000.00 Safe as Well as Convenient { TRAVELERS CHECKS, such as this bank issues, are not only the most convenient “tourist currency,” but also the safest. Not negotiable without- your signature. {] Universally accep table— issued in convenient denomi- nations. I i '.L.HUALlU.Jg‘ National Metropolitan | 114 Bank 114 Yea Years Oid Old | 15th St. opp. U.S. Treasury 3% Paid on Savings Fe TR SR MORTGAGES BRIEFLY TOLD —the story of our 6% FIRST MORTGAGES —is this: They are secured by well im- proved property. They are safe as to principal, stire as to interest earnings. And proof of their desirabil- ity is to be found in the fact that they are unhesitatingly approved by conservative in- vestors. This, too: “QOver a Without vestor.” a Third of a Century Without a Loss Their record of Third of a Century Loss to Any In- Available in Amounts of $250 and Upward B. F. SAUL CO. Main 2100 925 15th St. N.W. S NO SUBSTITUTE FOR SAFETY A dlant for the extraction of mdmn from narwral gas of the Empure Ol and Rening Company (@ Cities Service subsidiary). 75.000 investors own this 8-year-old common stock 75,000 investors are getting monthly cash and stock dividends from their invest- ment in Cities Service Common, which, at its present price, yields over 7%%. In the last 18 years over $97,000,000 ln dividends have been paid on this secure ity, behind which stands the Cities Service organization with total assets of over $800,000,000. Send for particulars e e e 0 o o o R HENRY L DONERTY & CO Southern Wids. . Wa 08