Evening Star Newspaper, March 18, 1929, Page 15

'"FINANCIAL,? THE EVENING STAR. WASHINGTO.\'. ! D. C. MONDAY, MARCH 18, 1929. FINANCIAL,: Money to Loan Becured by first deed of Prevailing interest a; Josephl Weller‘ ek 6% ~otEs Secured by First Mortgages Safe—Conscrzative 42 Years’ Experience in financing homes and in the sale of these se- curities. Wm. H. Saunders Co,, Inc. REALTORS Main 1016 Make your savings and surplus funds work for you at the highest-inter~ est rate congistent with absolute safety. 1433 K Secured on Income- Producing Properties in the District of Columbia and Neathy Maryland District National’ Securities Corp. Suite 303-307 Telephone Main 2994 ‘District National Bank Building Buck & Company | ; Estanioned Jots Stocks Bonds Grain Cotton Write or call for weekly market letter No obligations BUCK AND COMPANY Evans Bldg. 1420 New York Ave. Franklin 7300 Mortgages Investments JAMES Y, PENNEBAKER Main 5328 1520 K St. N.W. ©000000000000000000000000 Auto, Fire, Burglary, Bonds, Compensation, Liability, Life. Harrell Bros. & Roesch INSURANCE 716 11th ST, NW. Main 805¢ M"OQ“OOMOOO”OWQO THE IDEAL INVESTMENT Standard Collateral Trusteed Common Stock Shares A TRUSTEED OWNER- BHIP in 100 leading American Corporations. 2600600000 900600000 t - will to interest to investl Standard Collateral Shares Corp. Franklin 3383. Woodward Blde. Real Estate Loans —secured by first deeds of trust on property in Washington and nearby n Trust CONVERTIBLE BOND| U. S. Government Paper and Foreign Dollar Groups Also Rauy BY CHARLES F. SPEARE. Special Dispatch to The Star. NEW YORK, March 18.—With today's advances in U. S. Government issues and in a moderate number of foreign dollar obligations, it is possible to trace to Secretary Mellon's statement of last Thursday a covering movement that has rallied Treasury certificates from 1 and South American bonds an equal { amount. Elsewhere there has not been much change except in sentiment. Offerings that were hanging over the market be- fore Thursday have been withdrawn, which has led to some strengthening in bid prices and has increased the ef- fect of the one strong market feature; namely, a_scarcity of supply. A few of the corporation bonds with coupons between 5 and 6 per cent and selling at a discount have made small recoveries. On the other hand, there has been almost no improvement in the 4 and 4'> per cent mortgages, with scores of them closing Saturday at the lowest of the year and a few more today sclling under last week's level. ‘The most reasonable expectation has been that foreign bonds would rally because a majority were lower than they have been in two years and be- cause of their high return. The re- | covery so far has been greatest in Ger- | man municipal and industrial issues, although today there was decided ir- regularity in the former. Australlan 412s and 5s, some of the Argentine 6s and the much-depressed Colombia Mortgage Bank issues were firmer. The 1tier market has bren 80 thoroughly saturated during the past year with new offerings that it will take some time for it to absorb the present float- | ing supply. It was reported today that Brazil will borrow $75,000,000 in Lon- don in order to complete her currency stabilization plan. Strong features among the con- vertibles were American International 515s with a rise of 1!5 points, An: o8 above 101 and International Cement 5s, | which held around 110. International | Telephone 4155 and Atchison 412s were | quieter. St. Paul adjustments were more active than for some time at the | highest price in several weeks. POTATO MARKET DULL. CHICAGO, March 18 () (United States Department of Agriculture) — Potatoes—Receipts, 205 cars; on track, 350 cars; total U. S. shipments Sat- urday, 1,116; Sunday, 21 cars; trading slow, market dull; Wisconsin sacked round whites, 75a85; few, 90; Minnesota 1and North Dakota sacked round whites, 80a84; Michigan sacked round whites, 85; Idaho sacked russets, 155al1.75, fancy shade higher. PARIS BOURSE PRICES. PARIS, March 18 (#)—Prices were firm on the Bourse today. Three per cent rentes, 72 franes 10 centimes. Five per cent loan, 99 francs 40_centimes. Exchange on London, 124 francs 291, jcentimes. The dollar was quoted at 25 francs 61 cennmes. Washington Stock Exchange | SALES. Washington Gas 6s “B"—$100 at 1031. Capital Traction Co.—10 at 99%, 20 at 997, 5 at 9 10 at 9934, 5 at 99%, 10 at 9935 Potomac Elecmc 5% % pfd—30 at 108%, 5 at 108%, 5 at 108%. Commercial National Co. pfd. —5 at 104 Mergenthaler Linotype—7 at 10715, AFTER CALL. Washington Rwy. & Elec. pfd.—25 at 98. Ck;%xt;mt Farms Dairy 6l55—$500 at ! L} ISSUUES ARE STRONG to 2 points and some of the German UNITED (Saian are Sales Lib 3%s. ... Libist4ks Lib ath 4 %s 2:\7 US3%s43. 1 US3%s47. 1 US3%s... 48 US4s1044. 26 US4eyss2. Argentine 5s. . Argentine 6s Ju 63, Argentine May '61. Acgentine 6s Uct 59 Argentine 5%s '62. | Argentine 6s A. Argentine 6s B Australia 4%4s 5 Australia 5s 1955. Australia 58 1957. . Austria 7 Bank of C| Belzium 6s. Belgium 6% Bank of Chile 6% Belgium 7s 1955, Belgium 7s 1956 Bremen State 7s. Canada 5s 1931, Canada 53 1952. Canada 5%s 192! Chinese Gov “’ bs Christiania 6s. . Colombla 6s Jan'61. Con Pow Japan 7s.. Copenhagen 4 %35 53 Czecho 85 1951..... Danish Munic 85 B., Dutch East 1 65 47, Dutch East 1 68 62 Flat 7s war ‘46 Finland 6%s Finland s £ 63 °45. Finland 7s......... Framerican 7%8... French 7s. French 7% German EI P 6%s. German 7 Ger Gen Elec 7 Greek 7 Haitl Holland-Amer 6 Hungary 73 Irish Free State 5: ltaly 7s... Italian Pub Norway 6s 1943. Norway 68 1944. Norway 6% 1952 Orient Dev 5%s 57, Sao Paulo 8s Hll.. Sao Paulo 1950, Saxon (PW) Serbs Crot Slo 8s. Shinyetsu 6%s 52.., Soissons 6s Sw'deni‘bl. Sweden 6s. Swiss b14s 194 Swiss Confed & Toho El Pow i Tokio 5%s 196, Utd Kingm b%s Utd SteamCopen §: Vienna 6s°'52... Yokohama 6s w1 100 102 31 102 10 54 10631 10612 106 12 FOREIGN. STATES. 5 3. 000 » . High. Low 9 A 16 98 24 99 8 96 15 9615 99 11 99 96 15 9615 20% agn, 90t 100% 94 9% 106% 100 100% 104 997 931y 93y » - PSR TR TSORE PP - Ot 901% Close 98 19 9R 24 998 9615 9615 99 11 10210 0% 991y 403, 864 1 94 a1 4| Atchison adj ss. 21 Great North 5%s | N NEW YORK BONDS STOCK EXCHANGEI Received by Private Wire Direct to The Star Office Close. 8014 an 99 Bales. High. Low. 10 10 18 2 1004 10215 2% 21 935 10215 102% 9614 107 i 106% 991, l!’unla Alegre 7 Rem Rnd 5%s w. | Stnelair O11 6s. Sinclair Oil 6 % Sinclair 011 78..... nelair Crude 5%s. in Pipe Line 6 Skelly Ofl 648 Southwest Bell §: Stand O1l N J b 46. Stand OIIN ¥ 4%s. Tenn Copper 6s°41. TennElecPow 68 47 Transcontl Oil 6% United Drug 53 53. . IS Rub 1strf bs. US Rub 7%s.., U S Steel st bs Utah Pow & Lt Utilities Powr 548, Vertientes Sug 7s.. Walworth 65 4 Walworth 613835, West Elec 5s...... Westn Union 6s 1. White Eagle O 5 s Willys-Ov 8148 33., 1 101", Wilson & Co 18t 65, 5 10114 Yngstn S&T bs wi. 38 100 RAILROAD. RIEL RS 91 39 102% 102% 101% 101% 954 95% 107 90 10013 108 294 10015 10074 | 108 108 | 9913 91 101 3 102% 16 102 2102 9l 101 1025 10, 102 10114 | 1007 | 100 100 10245 101 102 1015 100% 994 = 5 5 Atchison gen 4 Atch deb 414548 Atlantic C L 1st 45, {B& OGS B&OCy 4% B &O ref b B & O 53 2000 D. B&OrfimpSs R &0 SW5s 50 Boston & Matne 5. Brookiyh Elec 6%4s. Rrooklyn Elev 6%4s. Bkiyn Mannat 8s. . Bklyn Un El 55 sta. Can Nat 4%s 30, Can Nat 4%s8 5 Canad North 6% Canad North 78.... Canad Pac deb 4s.. Can Pac 4%s 46. Cent Fac 1st 58 90. Car Clinch & O 5s Chesa Corp 6s w 1. Cnes & O cv 448 Ches & O £n 4%s Ches & 0 438793 A Chi B&Q gen 45 53 CB&Q4%siTB.. Chi B & Q 1strf 5s.. Chi&E 111 gn 5s 51 Chi Gt West 45§ Chi M&StP 448 E. CM&StPgnsl... ChiMiISP&Pac5s75. 75 CMSP&Pacadj5s03.193 Chi & NW ref 5s.., 2 Chi& NW 6%s. Chi& NW 7, Chi Rys 6s. Chi R1& P gn 4s Chit R1&Prfds CRI1Pacalgswi., Chl & W Ind cn 4s.. CCC&StLbsD.... CCC& StLrfésA. Colo & Sou 4%s. 1007 1008 10875 100'a a3ty 100% 1004 108 10013 3% | 100 101 101% 108 4 1011 Cuba Nor 6’48 cts.. Del & Hud 1st rf 4 100% 101 10115 102 88 D Rio G West bs DR G & Wst 5578, Des M & Ft D 4s, Erie 1st cons 4s. Erie Gen 4s. Erte conv 4s A. Erie conv 4s B.. Erte cvt 5s 67 w1, Erte conv ext 7 Fla East C6s 74 Gr Trunk stdb 6s. Grand Trunk is:. Gt Nor 4%3 76 D. Great North §s..... B e~ e P L Lt b = 2o Great Nor gen is Hav El Ry 5%s 51 Hud & Man a) §s Hud & Man ref 6 i Cent 4%5 66.... 111 Cent Chi 4%4s 111 Central rf 58 65 Int Rapid Tran 6s.. Int Rap Tr 6s stpd Int Rapid Tran 6s. Int Kap Trans 7s. Int & G Nor 1st 6s.. Int&GtNor adj 6s 53 IntRys CA 5s72.., Int Ry CA 6%srct. Kansas City S 3s... Kansas City S 6s... Kan City Term 4 Lake Shore 45 31... e i 9% | STOCK PRIEINDEX, RESUMES ADVANCE Motor Group Leads in Last| Week’s Upturn on Exchange. Special Dispatch to The Star. NEW HAVEN, Conn., March 18.— Motor stock led the sharp advance in the common industrials which began on the New York Stock Exchange Wed- nesday and con- tinued with in- creased strength Thursday and Fri- day. The copper and oil groups were the only others to reach sufficient heights to bring their level for the weck above that of the week before. Rails and utili- ties did not show up as well as the industrials, al- though they, along with all the com- mon stock groups, registered their Jow point on Tues- day and advanced consistently during the remainder of the week. | The accessories made a brave show- ing. After declining more than 10 index points during the week preceding last Tuesday, this group turned about and | regained practically the whole of the | decline in three days—notquite enough, | however, to bring its index for the| week up to that of the week before. Radio again gave a spectacular per- ormance. Advances in the olls were the most general of any group, but not | of sensational amount. The coppers were particularly strong, with Miami | considerably in the lead. Several stocks of the food groups were weak, Ward “A” severely so. Speculative Issues Rise Most. The more speculative common in- dustrial stocks registered the sharpest | rise in last week’s market, reaching | the highest point in more than three | | years. Of the three grades classified accord- ing to Moody’s ratings, the next strong- est were the first grade or “investment” stocks, although their rise was only a fraction of an index point, while the | third grade group went nearly 5 index | points _higher. Radio. Miami_Copper, Irving Fisher. Goodyear Tire and Yellow Truck were among the strongest individual issues in this group. Below are shown index numbers of prices of common industrials on the! New York Stock Exchange, arranged in classes derived from Moody's ratings. 1st and 3rd Grade Grade Grade (Invest- (Inter- (Specu- ment) mediate) lative) (1926-100) 82223533 ":;::;:;;;; 33753355383 bittstatn i it < o 2 :gsu.mna—qq- G zn “(Mar 20) (Mar 29) Low (26-'29) . 2.1 “'(Apr'26) (Apr’ 8 (May zc; | Turnover of Stocks Declines. ‘The volume of transactions on the “big board” was substantially less last | week than the week before. The average daily value of common industrials changing hands declined 20 per cent to $268,700,000. The turnover of all stocks, preferred and common, was at the rate of $301,600,000 per day, 24 per cent less than the preceding week. Olls were the only stock group more heavily traded in last week than the First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. Orer Third of a Century's Ezperience Our Office Is Constantly Sought —by persons wanting to rent homes and apartments —which makes il y for us to keep properities under our management rented. We have a reputation among the renting public for service and our manner of rendering which well re- pays the owners. B. F. SAVL €O, Main 2100—925 15th St. N.W. M]ER]ICKN FIVE CONVENIENT REAL ESTATE We invite applications for loans on improved property in the City of Washington on a straight three- year or monthly payment basis. Low Interest Rates SECURITY 15th and Penna. Ave. N.W. OFFICES for LOANS on APPLICATIONS INVITED week before. The biggest amount of decline in turnover was in coppers, with $54.000,000 lowered daily tradings. The biggest percentage of drop in dallv; tradings was in rails, with a decline of | about 69 per cent under the value | traded in during the preceding week. (Copyright, 1929, by Irving Pisher.) CORN PRICES FIXED. BALTIMORE, March 18 (Special).— At a meeting last week of sugarcorn growers of Carroll County, held at West- minster, it was agreed that $15 per ton for Stowell's evergreen and $15 for little grain Stowell's would be the price growers of that section would charge this year for their corn crop. The meeting was held under the aus- pices of the Carroll County' Farm Bu- reau and fixes the prices farmers will charge canners thi; —is Hirl'l.SS BRANCH OFFICES Philadelphia, Pa. Boston, M: Providence. R. I. Oklahoma City, Okla. Akron, O. Elizabeth, N. J. 6 E. 53rd St.. N. Y. City MAIN OFFICE 60 Beaver Street New York City We announce Ru National National Metal Exchange, ® 15 MARYLAND TOBACCO SALES. . BALTIMORE, March 18 (Special).— Receipts of Maryland leaf tobacco last: week showed a sharp decline, totaling only 96 hogsheads, while sales amount- ed to 152 hogsheads, which leaves very little of the new crop still unsold, stocks in State tobacco warehouses totaling only 4942 hogsheads. Market holds firm on all the better grades at the following quotations per’ 100 pounds: Inferior, 6.00a7.00; frosted, sound. common and greenish, good common, 16.00a25.00 medium, 286 nonuo to fine red, 41.00a50.00; fancy, 50.00a51.00; seconds, common to good common, 6.00a15.00; medium, 16.00a23.00; seconds, good to fine, 24.00235.00; upper country, burle\ nominal; ground leaves, 3. National Metropolitan Bank | Oldest National Bank in District of Columbia 15th St., Opposite U. S. Treasury the sort most of us desire to keep, and association with this bank assures you the best. VGeneranons of the city’s solid cit- izenry have banked at The Metro- politan, and our clientele is repre- sentative of Washington's most substantial interests. 3% Paid on Savings & Vose Announce the opening Monday, March 18th ofa Washington Office To conduct a general Brokerage business under the management of Mr. McElroy Moss Mr. E. Jackson Emrich Offices Southern Building 807 Fifteenth Street N.W. Telephone Metropolitan 2608 MEMBERS New York Stock Exch: New York Cotton chane w ric New YOrk oaduce B bber Exchan of New York, Excha ew York. Inc. Ik Exchange. Tc. ASSOCIATE MEMBERS 1 Cotton Assn., Ltd. RewBonk i aint with pleasure IMPROVED PROPERTY Located in the District of Columbia and adjacent suburbs in Montgomery Maryland. We can refinance your ma- turing loan. Prompt and ‘courteous service. THOS. E. JARRELL Co. Chevy Chase Dairy pfd.—10 at 110, that Mergenthaler Linotype—10 at 1071}, at 10714, Capital Traction 55—$1,000 at 1007. MISCELLANEOUS. Abram&Straus5%as 1 113% 113% Ajax Rubber 88 104 104 Lehigh Val cn 4s. 10 Louis & Nash 5s B, 721 10th St. !\'.“'. Main 766 Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit Life Ins. Co. 1520 K Street Main 475 The Service 512 NI ST, "MAIN - 8203 Our businessis to help increase your business by creating and pro- ducing printed matter aimed to secure the greatest possible results. ID)A\MIS PRINTING - ADVERTIS| 7 We Will Lend You' ] Money In Any | Amount At 51/2% Interest For Periods of 3,5 or 19 Years in Nearby Maryland, Virginia ard the District of Columbia Apartments, Residences or Business Properties BOSE..‘;,M"&*ELFS 1417 K St. Main 9300 Loan Correspondent John Hancock Mutual Life Insurance Co. § Washington Gas 6s A—$1,000 at 103‘ Riggs National Bank—1 at 573, 10 :! 573, 10 at 573. Union Traction Co. | Capital Traction C ‘Washington Gas 6s “A’ —SLOO nt 102%. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Telga. Amer. Tel & Telea Am. Tel. & Tel, ctl Cavitel Troctin R, K. City & Subnrban 8¢ .. Genrpetown Gas Ist 550, Potomac Flec 1st Ss Potomac Fiee, Cons 87 Potomac, Elec. 6c 1987 & Flec. gen. 65 MISCELLANEOUS, | Parber & Rose. Ire, floe. Cham-Vanderhils Fetel €148 Chestnut Farms Daire 615 Chevy Chase Club 5155 D C._Paner Mfg A Pot. Joint Stack 1'd B, s Wash MKt Cold Storace fs Wash. Cons. Title Co. s STOCKS. PUBLIC UTILITY. Amer. Canital Wasbinglon Gas el Sorfo Wash. Sieamboat Potomac Floc. &7 nid 3 Patamar Flec Wasch, Rwy. Wash. Rwy. Tel. Svacl ota & Plec. com & Elec. pfd..., NATIONAL BANK. Cavital. 2 Commercial District 4 yoderal-American Liberty Lincoln National’ \‘lrlmnnhmn % National Columbia | Second 2 National Barik of Washineton: TRUST COMPANIES American Security & Trust Co nental Trus! nmn.m« gton Loan & Trist SAVINGS BANK. % of Bethesda ted States Washington Mechanics FIRE INSURANCE American . : Cor"Band' & 0 pid .. | Commercial Katl Co pid D. C. Paper Mfs. pfd Dist. Nail Securities ptd Federal Storage pfd S Federal-American Co_ com Federal-American_pfd Lanston _Monoty, 5 Merch. Trans. & Storage h. Trans. & Stor. pfd.. sthaler Linotype Storae & Whr. Corp. Wash, Conv. Hall pf AL ‘W. W. Spaid, partner in W. B. Hibbs & Co, has returned from a week's A Alleghany ev 68 w AmAKriChem 7348 Am Chain 6s'33, Am Cotton Oil 6» Am NatGas 6%48'42 AnSmit & R 13t Am Sugar Ref Am Water Wks Am Wrtg Pap Anaconda 1st 6; Anaconda cv db 7s, Bell Tel Pa5s B Bell Tel Pa 65 C. Bethlehm Stl pm b8 Beth Steel rf 5s. Befh Steel 5%s 53 Bethlehem Steel Skiyn Edison 58 Bush Term Bldg 5 Chile Copper Colon Oil 6s°38. Col Gas&E| deb Com Invest 5% Com Invest 6s'48.. Con Coal Md 18t § ConGasN Yb5% Consumers Pow 5 Detroit Edison 6 Dodge 6s | Duquesne 4 %8s East Cuba Sug T%s Fisk Rubber Gen Cable § Gen Mot Ac Cor Goodrich 8%s. Humble O & R Llilnols Bell Inland Stl 4 Intl Match bs 47 Int Mer Marine 6s.. inter Paper 6s. Int Tel&Teleg 4%s. Kreuger&Toll 5s ct Lackawanna Stl §s, Laclede 5s..... Laclede G 6% 62 Lorillard & Lorillard 5%s Loriliard (P) 78... Loulsv G & 5 52, ManatiSug st 7% Midvale Steel 58, Mont Pow 6s 43 Mont Power deb & Mor's&Co 1st 4%4s Dairy 5% at Radiator N Y Edison 6%s. .. N Y Tel6sdl. N Y Tel 6849 North Am Ed} No Am Ed 6%s'63. Nor Ohlo Tr & L 6s. Nor States Pow 6t Paclific Gas & EI 6. Pan-Amer Pete 6s.. Pan-Amer Pete 7s. . Paramount 6s 1947, P Postal Tel & C 548 Public Service 4148 RemingtonAr 68 32, Am Int Cor 5%s '49 248 Certain-Td5%srcts 6 49 & 102 105 98 102% 984 ll 105 4 B8y 1007 1035 994 102% 103 105% 98'y 83 1044 9 Armour&Co4 %= 39. o 100% 70% 95 106% 9819 105 100 0% 95%y 106% 5% 105% 53 Int Tel&Tel 43458 cv 210 56 PP DTS P P e 100 100 102 105 91, 108% 104% 100% 801, 93y 9015 11 104 26 90% 14 185% 8 9 10 UB 100% Louis & Nash 53%s. Louis & Nash 7s... Man Ry 1st 45 90, Market St 7s 40. MilEI Ry & L 5s 51, Mil El Ry & L 55 61 Minn & StL ref 4s., M St P&SSM cn 4s | MStP &SSM 5%s. MK &Tadj5s..... MK & T pr In 58 A, Mo Pacific gen 4s, Mo Pac 53 A 65 Mo Pac 5s F 77 Mo Pacific 5sG " Nassau El 48 51.... NR M 4% 67 asst, NOTex&M 4%s 56. O Tex & M 55 B. OT&Mb5%s. N Y Cent deb 4s. NYCrfim4ilhs N YCentrf5s N Y Cent deb 6: NY C&StL 4%sC. NYChI&StL b14SA. NYChI&StL 63w B, NYC&SLL6SA.. NY NH&H db 45 57, NYNH&H4%s.. NY NH&H cv db 6s. N Y Kys 68 65. N Y State Ry 4 NYW&B4%s. Nor & S gen 58 34. Norfolk & \W cn 4s.. Nor Pac 3s 2047, Northern Pacitic 43, Nor Pac 4148 2047., Northern Pac bs D. Northern Pacr 1 63, Ore Short L rfs 4s. Ore Wash 1st 4s Pennsyl con 4% Pennsyl gen 4!as. . Penna R R 4%s'63. Pennsyl gen 5s. s * EE0nlnuNomumpaNtoasns BOKSR-BRE LIt 106 105% 101 2% 106% 102% 109 S 101% 101 106% 102% 108% 101% 8 w 1010 35 1067% 101 971, 107 8614 934 Pere Marq 15t bs Philippine RR 4 PCC&SLL 5s B T Portiand 151 P L 6s. Port R L & P 58 42. Port RL&P 735 46. RI0 G W 18t 4s. RIATk & L4%s IStLIM&S 45 29. L'IM&S gn 6831, R&G 4 StL& StL&SFr4%s78. StL&SF prinbs.. SLLS W 1st 4 Seab A L ref 4s. S B All Fla 6s 3| Sou Pac 43 29. Sou Pacific ref 4s.. Sou Pae 4% s rets. Sou Ry gen 4 Sou Ry Con b3 Sou Ry 63 56 Sou Ry 6%s. Term Asso St L 5s. TexArk 'S 5% 50. Texas & Pacific 1st. Tex & Pac bs B 1977 Third Ave ref 4s 60. Tol Tr L&P 5%8 20. Union Pac 1st4s... Union Pacific 4s 68. Union Pac 1st rf 4s. Unlon Pac 4%s 67 Va Ry & P Gs Va Southw: Whash 4%s 78 rets, Wabash 1t bs Wabash 5576 Wabash 1101 1195 102% 1023 102 105% 08y 61ty 100 102% 102 105% 981y 61t 9913 H. L. RUST COMPANY O 1001 15th St. N.W. It lay for the Rosetta -mouth held on its black b: Napoleon’s Sahara sands; and neers, dredging the Rosetta Stone up place. lion, scientist, fell triplicate engravin, glyphics, hieratics, your investment pla: our 6% First Mort give vou in future you will need when key to Egypt’s hieroglyphics. Then legions The eye of Jean Francois Champol- he worked out a translation of pic- ture-writing which doors to Egypt’s glamorous past. small savings fund, and Prince .Georges Counties, Md. 52% INTEREST Apply to COMPANY LOAN CORRESTONDENT The PRUDENTIAL INSURANCE F AMERICA Main 8100 The Rosetta Stone 2,000 years in the mud at of the Nile, and asalt surface the trudged the Napoleon’s engi- Nile, brought the from its hiding on the stone’s gs — in hiero- and Greek—and -unlocked the Capital is the Rosetta Stone of fi- nance; with it, you can translate ns into cash. A placed now in gage Notes, will vears the capital your big oppor- tunity for investment comes. SWARTZELL, RHEEM & HENSEY CO MORTGAGE BANKERS 727 15 STREET N.W. . WASHINGTON D.C. Harriss Southern Ve v ,\:::\ Mr. Gerald Clark Brant, Jr. Is now connected with our Washington Office 69, VOSC Building LM > ‘:\-\.‘-_:_-_-M Why bankers buy Cities Service securities Among the 375,000 investors who own secu- rities of the Cities Service organization are hundreds of banks and other institutions. The financial experts who choose securities for these big investors look for the same three essentials of a sound investment on which you should insist— Protection—Good Yield—Marketability. You get these three essentials when you invest in Cities Service Common stock; by investing in it now you get a net yield of over 7%. Clip and mail the coupon HENRY L. DOHERTY & COMPANY Southern Building ® Washington, D. C. Southern Washington, . € Please send, without obligation, full intorma. tion sbout Cities Servis Commeon stock.