Evening Star Newspaper, March 21, 1929, Page 14

METHODS 0F SAFE D.: C.'Bankers Hear Reports| by E. M. Amick and Chairman"Roberts. BY EDWARD C. .STONE. DEPOSIT DISCUSSED . Adams Exp Ahumada Lead. Newest - methofls in ‘conducting the | Amal Les 3afe.deposit departments in local banks | were carefully discussed at & meeting o ~1 the safe deposit section of the Dis- +~iet Bankers’ Assoclation at headquar- tors Jast evening, with Chairman Charles ', Howe presiding. ‘The.chief aim of ats new section is educational, and last ““Earle M. Amick, chairman_of ‘the «‘anding committee on standardization £ safe- deposit forms, mde an_excel- | ‘snt report, and Chairman J.-William | oberts of-the committee of education -nd publicity prnmud many_equally ateresting facts in his report. The open discussion brought out many points of | - ital impomnne to all safe deposit bul, *mj gfilfim Howe announced that thg‘ “lational Safe Deposit Association will | "20ld its annual convention at the South- ] =rn ‘Hotel, in Baltimore, on May 17 and and proper preca A t fields nrewool the big ques- ennd e} }’ ‘‘ons which will Duvall, nnumm banker, is president i the nnuonn association. Local Banks Declare Dividends. ‘The board of directors of the Security ~avings & Commercial Bank held yes- ‘rday. & meeting at which the regular “arterly dlv!dmd of. 4 per cent was sclared, ‘payable March 31 - to .stack- flnm of record March 25, according announcement by Pnnm G. Addi- | >3, jr., vice presiden The: directors of th! United - States “2vings Bank, of which Wade H. is_president. have declared the | n 1Am Typepf(7).. 1113 111% 111% 101% Gen sual quarterly dividend of 715 per cent | - at this time. It is. payable on *1.68 2 Share Earned en Common. A charges, including. ample m North American Sys- a2 .earned & lus, for its .common ~-k of $32,582,121, .equal to $4.63 on 274,820,476 average number of shares | 424 txnulud the year. This was b gR go ] g, i 28] 4 ;! Ev!' 'EE1 sl E, - i In ;EE ht'l meeting "s the most pl'vfl!lbh A 't held. Am Bk N pf(3) Am Chiele (3).. | Am Drug (§0¢). Am Ezpresss). Am Home Pr(3) Am Internatl ¢: | Ath LaFi&Fcam Am LaFrance pt Am Ship & Com. Am St Fave(3), | AmSteel Fy rts. Am Sugal Am Sumatra(3 AmW WEKi(el).. AmWritP pf(3). Am Zing. . Am Zine pt. Areli-Dan pt(7). mu 14l 114k 1 w1 o Ged Ry 8ig($ Atl Gult & W1., Atl Gulf pt (4).. AtlanRef(11%) AtissPowder(4). Allul-NhIlll. Auto Sales. | Balto & O:p1(4). rmu). A3). nun%ifi) o wy. BaEN R pE(16). Bestik Cotén.. €6 has. been adily during past few days. ~1Wmfi.hmhnm mmmwn o E 'mmned 128Y, and zn »ares - of Refrigerating 1. “The “only bank stock out was merican Secyrity & Trust, moving at | 9. - Fifty shares of National Union re Insurance Co. changed hands at "Ghevy Chase Dairy preferred sold at 170, amd Merchante” Transfer & 8 -ading was in Washington Gas 8, :lling at lfll lnd $1,000 at 100%. Essay, Contest Subject 'Announced. The council of administration of the Distriet Bankers' Association ‘has- se- cted “Methods by Which a Bank May est Protest Itself Against Fraud” as “1e subject for the annual A. 1. B, essay ntest. James A. Soper, institute pres- ient, will notify all the members of the 1les governing the contest in a few The - essays must”be lmited. to 500 - words, .and the names of the ~iters do not appear on them “when 1oy are turned over to the ji Those winning first, second and third ~'aces in the contest are awarded trips 2 the bankers’ convention. which mu ‘Th ‘ays brings out keen rlnlry Millions. Loaned on. Homes. Fifty-six life insuyrance companies, lo- ~ated in cities throughout the country, 'ant $374 ou ;847 on Americart. homes in 1928. This fact is cfl'flflfld by thzn:l- “ional 3oards. The man 'ho mny wants & home of his own may call on the in- surance companies to aid him . realize hhugre.'L -~ e insurance companies -have turn- ~d part.of their tremendous assets into the home fleld only since the t WAY, BEvnaia kiyn-Man pf BklysUnGas| Pi! ?8 ilidban Zinc. otex (rights). Aknl;‘rz.fl). g:l Alloysd)... tury Rib M. . Adams I’Illll(!) Adv Homtey.... | Adv Rumiey pf.. .90 AmEncaus (2).. | Am Jce (t3)..... Am Sm&Ref(4). 12{ 1217 118% 119 | Foundation C Am S & Rpf(7). 1364 1364 136} 138% | Fox Fiim A (4 e fl 4% 170! All&lol‘Clpz,.w. 2% 17./5 170% 170% Gen Mills (rt Anchor Cap(rts) Anchor pf (8%). 118% nm ll'lk 117% mnlualfl)-- 5% - Bethlehm 1064 10Ble 108 10° is Stock Imflfl 1(7) 119% 119% 119% 119% m:n‘:‘.‘fl’.;.:t : Bioom! '3»‘.'."" ll..ll o :- 182% lfih 181% 182 | % lfl’hll‘.’-u m 11 m 1W. interconRubber. % 4\ g | Internat Agrl, .. l&l\ mh i38% | Intl Bus Ma (5). 78 int Comenti4).. Clese. ¢ 0’-. Migh. Open. 43 43 tzlt 424 | Cushmann pf(1) 124 - 5:: ufi% ‘:zu Cutir-Ham (8% ) 5 : i | Davison Chem. . o ol :g“‘mbmnmunn 3" 50" Vi DeeSECOBE(T). DeI'L & Wit7 “h A% 4 4l 5 Alrl.lnu('l). 1067 108 105 105 | D0 et gaay. .. 265" Devo&! n({s). TRy NORE T L PR AlbaayPaprdy. a7 17 117 17 oot T Alleghany Corp. 33% 34% 38 Alleghany A5 101" 101 101 it fod Chem., ... 282% 288 - 281 281 Mbflu!‘l'lk 1) n 1). Am-cnlmf). 1834 l.:" 188 lfl Dupontde N(4). 184 Du Pont ‘l!l(). .\l! 3 4% 4% l& Amerada1).... ;. Durham Hos Am Agricul Chm 194 19 19% 1» Am Bank N(13). 120 120 120 120 |Durbam Hoapf. 60l 60% €0% 60ls | Eastman(18). sas. 59% b58% 58% | Eastman pr(7) S4a 55 54% bt | Bates Axle (3).. 28% 25% 28 25% | Eitingn pf(6% AmBrownBopt 78 9% 6% 9% |Elec AutoL t4% - 126% 128% 125% 126% 101% 104% 101} 1033 | Biectrio Boat. .. AmC&F P, 117 117% 117 1175 | ElecPowaLt(1). 5% 54% 3% 53% | Elec PELT b(7) 107 "9 M M 9% 41% 41% 41 41 320. 321 320 320 |EngPubSer(31). Am & For Pow.. 1054 1084 103 103 [EmgPuSpfsy. Am&ForPo(rts). Am Hawa 8S(1). 2 1% 1% | ©qult Blde(2).. 27% 28° 274 2B |EquithbleTr(12) m 81% 824 81 82 |ErieRR.. A 4l 40w 41 | ErleTstpt 70 681 68y | Bureka Vae (4). ss\ I EvansAu L12%. 69 | cutrbankad)... 65 Am Looomot(8). lllk 120 117° 119 ! faghion Paik. .. 6 70 68k 68 nnhn?knffi).lfll 80 Ho 110 11 11 FedLt&Tra $13% dlia 1% 4l 41% | FedL&Trac pf § ll":k 1085 106% 106% | Fed Mot T(30s). Ph 15% ™ :: ga‘.m % ne's Deoe m 181% n{-nunsum. 166% 155 165 | Pisk Rubber. 56% 6% | Fisk 61 61 4 5 a5 71 8% 71 71 | Freeport T (: 2% B 2 Mo Tom 78n Ten 7en |GabrielSnubA.. 525 bl% 5o% | Gardnsr Motor.. 51% AmTelATOI) 2Udi 2160 21dn 2180 S RmRCL). Gen Asphait. 170 170 1704 1M 170 176 | SenBakepf ::'a ’1; 864 e 22 21% 21% o e a1 |Se 12% 124 12% 12% &£ 2 42 42 |GenGariBin. w/. 487 444 44% | Gen Ice Crm(3). 106 106 108 | Gen Milln (3). .. 57 & '/. “k 5T u)-umnr(t) L-| Gen Motors (3). o 63 6314 on e “":%‘.‘.‘Jr‘: ] Mm{rné(rl') r uu lm 4% uh Gillette SR.(5). Ar-ourll.l)l(') 'l;t ’Ifl- 7;” 1;: by Erloyd “ e e Glidden (fl.*)u otal(li). G(34). 2).. 20% 20ia 20% nqmumolnl). 20% 29% 29% 204 | Gold" Dust (new. ::: 60% 604 60% Go'lrln.(l)--..) 44% 44 44 1Goody x 20055 199'% 199% Goodn]n‘nprf.fl) 1 0 Atchison pf(k).. 103% 108% 108% 103% | Gotham H (234 ). 45% 4T AB% 48 Gnthnnglfifi*){. :‘m g:“ 3 ::“ Gotham H pf(7). Atan Refpf(7). 116 116 115% 11s% ge:fl:‘“m‘ lol% l“% 108 108 | Granby' 8).. z«. ma 24 244! Grana Unof Baldwin Loe(7). 264 268% 258i4 2645 | Grand Unpf. Bald Loco p£(%). 117% 117% l% m:‘. Grant W T (1).. 126% Baito & O(6).... u‘::: 1264 125% 126 gnNNon?&fll')). }3:“ 80 80 t Nor pf efat 2] B-uirrmcm 1084 13: mu uox GrNerOrefa3i . | Bu 32 48 4 Greens Cana(8). u“ #fi ‘g:“ Guantanamo pf. 24 0 90 Guif Stat 8tJ14). %0 18% au 1 lbu Guit States(ris) 49% Bl 49% 50 ‘flc 07.5: 46% 46% ll“”.f(l). 4 87" 81" 37 41| Howe Soenacs). - 180 18214 180 181% | Hud Man(24). . 40% 39% 7 39% | Hud Man pf(s).. 5l 51 &L Hufl-lf 35 33% 33% | Hupp Mer(f3).. i fi“ 374 mmn-cnm.. lulnliuu v 7L 17 ;:fi g.“m).). 4 ian.Ref (rts). l_fl“h 108% 108% | ndian mfun't- ._”‘: g’!: ::: Ind Ref cfa(rts) . l-mull-lll?fl Qfli 151“ A:il‘ nururamp'rr. by 4T% 16% . 16% 164 16! | Int Papr & Po B. Corréde Pas(6). 116 115% 114 114' | Int Papr & Po C. Chrysler Mot(3) 109% 111% 108% 1091 | Kelvinator Cor City Sfores new. | “lulll-l‘llh(fi’ Coca-cola (4)... Coca-Cola-(A). . Coliias & Alkmn Col Fuel & iren. Col & Sowtbn(3) 114 114 114 114 ; . g,mua 16). 1 um uzy. U [ e AR, ‘ol Elnew. Col Celumbia Graph Com Credit (2).. Com Ci1stpf 63 Com Cr pfi1%). Com Inv Tri34). Com 1nv (war). Com.in Tr pf 8% Com Solv (h8). . Congoleum-Nair Cong Cgrs (8).. Con #iim p(2). Censol Ga Cont Bak pf(3 Contl Insur (2). Contl Mot(8be). in | Coty. Ine (g2). . Cresley Rad (1). Crue:ble 8ti(6), CubaCaneSugar. Cuban-Am Sug. . Cuban-A Sug nf. and of 56 cnmplnm querie com- anies, - since - they entered zh.h field, save lun qu g_ on w ‘udahy Pkgi4) Curting Aere: 1) 584 | Kre DIACS) 12'7;: 194% lol% 103% | Kreuger&Co rts. Consel Cgra 1?). ConCigprpf(8%) 98% 93% 93% 98y | Link Belt (2.40). Cant) Can (2%) . Corn Prod 18%.. Crown Zelrbek 1 Crueible p£(7).. Cuba Company. . Cuba R R(£30). Curtis Pub (8).. -2l 21% 21% | Int Pa&Po'pf(7) % 60 604 0% | IntPrixink 2%. 218 218 218 |intPrtgTnkpt 6 Intl Silver (8). .. Int Tl &Tel(6). Inter Dept 8(2). % Intersypattie). Hd Taland Cresk(4). 9 s | Jomel Ter cti).. Chi MIl & 8tP pt 565 oh! anvis) Chi&Nwn (4).. 86% 864 “85% sew | o744 Mbtor ChikNwn PIC). 130 130" 138 138" | kan City 8ou(8) Chi PT pt(33 50% 6i. |maufmnDS1 38! “h 4«. i 4 Kelth-Al p(7 Bdse 543 gfl. % | Kelly-Spr ’ 127% 1 1211,.“(-1!!1.,0 1 ZB'» 23 231 28 | Kennecott (4). 64% 643 64% 643 | Kinney (G K)... {Cluste-Pea.pf(7) 114% 114% 1147 1147 | Kinney pt(8). .. 133 133 133 138 | Kolster Radio... 9 4y 4s% 49 | Kraft-Pho(1%). 65 66 64 643, ) Kratft pf % 2% 1 72 & Toll.. T84 76% 17 | Kroger Grotel). ColCarbon 14X%. 142 142 140 140 | [.4ciede Gan(10) 53 53% b62% 52y LagoUtla.. .. o $ % % 9% | rambertCh ). 25 25 || eq7Tire & Rub. 25 171% 172 170% 170% | (;ah Por Cmt 2% B4 B4 b4 b4 Lehigh Va] Coal. 364 964 96% 96% | LenighVal(3). 268 268l 266 266 | enn & Fink(3). Gom Power(14). 136% 1587 189% 185% | Lag Myerai1s). . 26% 26% 264 26% | Liga Myrs B 16 8 8 81 81%|LiIs&MDIT.. 89 89° 89 gy |lama Locomive. 26 26 2% 26. ) Llquid Cartdy. 8).. 107% 108 106!a 106% | Loew’s (13)..... D% 9% 995 T R ey e 9% 94 93 93y | Ludlum Stletfs. T4 8% T4% 77% | Ma Call Corp(4) 84% 85 84% 85% | MeCrory A12). . 22% 22% 22% 22% | MeCrory B(3).. 26 u 35 ss». MeKeespt Tin Pl €8 o8 McKes&Ro 1,60. 112% lfl% 108% IM% MeKsnpf A% 22% 22 zzs. 22% | Mack Truekt8)., 80% 90% 90% | Macy Co (3)... us 11s lli 115 |'MadBqGar1%. 34 ° 3% 3% 3%| Magma Cop (4). 9% 19% | Matlison & Co. .. 75% | Man Elec Sup!: 11% | Man £1 m2g(ds) 66 AR 38 57's n’hA 152 184 150 150% Marland Oil. . 62% 64 404 40k 40% 120 120 120 192 192 192 130 130 180 260 285 - 260 B1% b1% 57% 154% 154%. uua % 118% u‘ 0% 70% 68 Elec Xu Lpf(7). 112% 2% 12% 101% 101 1014 3 80 80 Grt WnSug2.80. Ian 126 126 126 126 Marmon Yot (). iy p NEW YORK STOCK EXCHANG lhl ol 126 12‘ 126 0% 60w 6% 60% 62% 684 0% 1% 17% 704 66% 6B 107 109 107 R4% 814 84T T TU% A% 58% B3 53 768 718 TI8- 2% Ti% 724 60% 60% 60% B2 BI% 5l% o 69 69% 47T as% 4% 2% 779& 1'k ’I‘lk 9& lh M" 12574 125, 128 39% 38U 38% & S 1% 104% 426 42 2% 42% 43 424 56% 58% Hdha 6874 63 48w 96% 95 95% 146 143% 143% 1044 104 104w, 6% 61 61 61 " 61 6L 99 99 99 105-/. 1064 1061 108% v 6l A6k 464 2% 'Il'/a % 72h 1064 99 £4d 82% 9% 8i4 BYu 2% 72 ll’!i lll% ISI% 13 nd O& Gas (3). 3. M %25 40!6 81% 3% 904 | Pure Ofl. . 86k, 84w 854 | Pure Ol nfil)n. ll.h l% 118% 1184 | Purity Baking.. 108% 108% 8% B4 Adn A% ke W% 67% 55 5o llh 30% 34 31 221 llh 16% | o 55 66 10854 104% 104% 1044 140 190% 140% 140% 284% 236 232% 238%h B4 19 18 78 30 30% 304 80 i 61% 62 6l 146%. 146% 166 1. 4 187 188 185 1864 12% 12% 124 % 1:”« 109% 109% 108 " % 1RW 184 5% s sen s1n 15% 16% 1sk 16% 102% 1026 100% 100% (18 61l 6l 106 1‘;6 108 108 243 248 243 248 |3 31 R TR TN 1831 164% 151% 1524 20 20, 20w 204 58 ' 58 38 22 . 2% 21% 94 9mm 9in 59 b8% 39 135% 135% '135% 185% B1% b4% b0 63 B57% b6% b56% 8l 81% 9% 80 W% Tik 69% T0% | %). 101% 101% 100% 101 8% 9 A2% 42% 42 8% 8% 30 30 30 67% 67 67 244 24 24 . 7 k3 3 3 3 108 108 108 111 109 109 3% 3% 73 59 7% 106% 106 Rmd ?h ou-. l.kL Low._Clese. Sweet of Am(1 ). Symingten...... | Svmiugton Cl A.. 7, Iautograh(1). Miamf Cop (35 T Tex Cor part pd. Mid-Cont P(2).. lexasGulfSul(4) T&P.CEO(D2%). Tex L4 Trinew) .| The Farig.40).. The Fair pf(7).. Thomp J R(3.60) Tidewater AsOil TIAWASOUDL(8} Tide W Ofi pfi§) Timken RB (3). Tob Prod (1.40). Tob Prod A (n). Mid States otte. Midland pf(t12) Miller Rubber. .. Minn & 8t Loul Mo Kan & Tex. . 1 Mo K&Tex pf(?7) Missouri Pacific. MoPacifie pf(8). Mohwk Cas Il“i . 1 ll‘a 0% 22 22 186% 188 1884 118 118 118 TN W TN 40 39% 40 180% 180% 180% 1261 126% 126% 678 8T 34 3 34 103 103 103 164'% 183 - 158 112% 112% 112% 8 Motign Pio Corp. Motor Meter A.. otor Prod(2). . otor Whi (3).. Muitna pf (7)., Munathgwr(3).. P Transue & W(1) Trieo Prodi2i) TruaxTraer 1:60. ‘Truscon S 11.20-. TwinCityRTA4). Undwd-EI F (4) Un Bag & Paper. Nash Motors($. Nasiy & Chat(7 Nat Aeme (1)... Nat Bellas H 21. NathBiscuit(t7) Nat Bise pf(7).. Nat Cash Reg 14 Nat-Distiliers. .. Nat Distillers pf Nat Epamig (1). Nat Pow&Lt(1). * Nat Radiator... Nat Radiator pf. Nut Ry Mex 2d.. Nat Supply (18). NatTea (1%)... Utd Cigar 8t(1). Utd Cgr St pf(8) Utd Elee Coal. .. Utd Fruit (e4).. UJtd Paperboard. USCastIrP(2). US CIP 1st 1.20. U S Distributing U 8 Distrib pf(7) S Bx| D ('8 Hoftman(4). U 8 Alcohol (8).. U S Leatner.... U 8 Leathr At4) Cni'Ple 18t pf( Univ Pipe & Rad UtahCopper(16). Ul &L Ate2). NY NH&H pt(7) N YSimpf().. NY Stm 1st pf 1. " | Sorfd Wn(110) NorAze b10 % stk North Am pf(8). NorAm Ed'pf(7) No Germn Lloyl Vietor pr “11) Va-Caro Chem. . Va-CarCh 6% pt. Ot Well Supply. Wabash pf A(5). Oll Well Spf.... Walworth(1.20). Ward Baking (A Ward Baking K. Warner Bros Ple u ‘arner pf(2.20 OppenhmCol (4). 91% 88 891 | Otis Blev(8).... {Utig Ntesl. . ... Otfl Stl prpe(7) ovoll!pt (ed). Pacific Gas (2).. Pac Lightg (3).. Pacific Milla. ... Webster-Eis rts. Wesson O pf (4) W Penn El pt (6) W Penn K1'pf(1) West P Po(6)... West Dairy B, .. West Maryland. West Md 2d pf.., Packard (13%).. Pan-Am Petrolm Pan-Amer Pet B Pan-Am Wan B.. Westhse ‘ !ll). Westinghse(4).. Weston Electric. 3 wnn-nllnu). Whit White Roek (3). White 8M pf(4). Wilcox 011 & G.. Wilcox (A) 234 Wiléox Rich B. . Willys Ov c1.30. Willys-Ovd pt 7. Wiison & Co.... Wilson Co pf A Wilson & Co pf Params Pll‘k;;:fli::eli. Park (30¢). 8 7% 8 | pat > 48% AT ATh 101% 98% 98% 88 8§. 88 28% 24% 24% 46ia 46% 0% 124% 128% 128% 108% 108 108 105% 105% 105% 2% Phiia Copt(3).. Phlls &RC&1. Phila&R C&Irts Pril Morria(1) .. | Phillips-Jon(3) .. Philiips P (13). Piaree-, Pierce-Artow pf =mn«(m....... Worth Pump(A) Wright Aero(2), Wrigey ((13%). % 61 60 604 124% 121% 122 Hourly Sales on N. Y. Market. 10:3¢ Am.. 831,600 13 m... 2,252 400 30 p.m., ilM'IOO nun-uum Coal pf.... Pitts St) pI(7). . Pitts & WVa($). Por RicoToA(7). PortoRicoTobB. Postal T&C pf 7 Prairie P L 13% Preased 8t) Car. Yq Pr 81l Car TN ll'd 0% - 40% | Produ & Ref): 4% 4% | Producers&R pf. K Prophylactie 14. ) 4!- Publie Sery 2.60. Zlotor Company Plans Building. NEW - YORK, March 21 +—OCadil- 1ac Motor- Co., Detroit, et Pu.l. Aleg Bug. RadioCo pf(3%) Radio pf (B).... B ReadingRy(4).. DIVIDE!D!. gfi m-u-l 18t¢2).. A il Reat itk orer> Reu . Rals 18t p£(7). s 85 32 23378333 33883 Wz RhineWE(1.92). RioGrande Oil 2, Rossin I 16%. Royal Bak P(1). Royal D(a1.33¢) Rutland pf...... or o weBEewws o do_class Forsian I¢ & p{ su‘:&s-:rru) Ro ‘par pref)., @ a7 StL&SanF pf(¢) StL&Southwest. Savage Arms(3) Schulte (13%).. . snmuul.fl).. Sears-Roe(33%) ech: Shattuck FG(3)., Simmons Cfl(l)‘. 38 'I"-‘ H g:th Snider PRg pt. .. SoPoRSut2i. South Cal Ed (2) South Dairies A. South Dairies B. SouRYM&O efs 4 | Spaulding p£(7). | Spang Cnlrni.. E lptn K:‘l}ol 1.60 Jan e | Shlcorira pt(s) 1 Spiegel Co (3). . Stand Com T(1). td G IuO.t &l('" k3 uh “’4 56% nsu.auomfln €0). 5 | 814 Plaie Glass. Std P Glass pf.. llo 161') | Btd San M(1.68). 22% | Staniey Co..... 2% 'me 8214 | Stewart-War(¢) 28 28, | Stromberg (3).. 31% 2% 31 | Studebaker(35). 49% 48% 48l Submistine 0% 30% 301 SunOIL(gL).... 16% . 18 .16 Sun OILpE(S). i41% .41ie Superior Oil 79 84 19 IN-TIGHTER CREDIT '“_ General Motors and Public! Utility - Shares Are Pushed Forward. " BY GEORGE T. HUGHES. s | Speciat Dispateh to. The Star. NEW YORK, March 21.—Handicap- ped as it was-by the uncertainties of the credit 'situation,’ today’s stock mar- ket gave a surprisingly good account of | itself, The price movement was irreg- ular ‘and at times hesitant, but there was no weakness, no pressure on the list at any time and a few favorite | stocks, prominent among which was General Motors, worked upward. | Realizing canceled part M the lllm\! in' the last hour, when traders, whm wished to be out of the market pending | the publication of the brokers’ loan total and announcement of the decision of the New York Reserve Bank board on | the discount rate, reduced -their hold- | ifigs. Strength M the railway equip- menu featured the late trading. The . buying ' favored apeciai stocks. Many ‘of the recent favorites were un- | der pressure amd receded -easily, buc' others were taken up. General Motors was one of the strong spots in demand directly at the start. Turned over in large blocks, the price advanced above 91 to a new high for the present shares. ‘Convinced that a “move” wasunder way, traders fell into line. - Other automobile shares were af- fected only-slightly. In the mining and metal group, Ana- conda was again the leader in the first hour. Above 174 it, too, was at & new | high. ‘Meanwhile Kennecott, Greene cmanu and: International Nickel sol Armmer increase in. the -price of | Yt copper was the only news of lm- Anlmnfll buying of the lower prlced public . utilities was. another feature. Electric Power & Light and Nationa Power & Light, the former at a new 1 can-Can, above 127, m the me. On the other hand, National Cash Register was in. supply and for & time during the morming Radio new was | weak, under-92 to & new-low on | dipping the current reaction. The oils were irregular. Opening _swittly - by mduym the radlied u‘enhip of U. !. Steel. BUS"IESS VOLUME GMNS N PIEDMONT SECTION Business tion of the individual - checks cnwn on member l»lvxlm.lh of 3 ¢ e Totoe: orar A.I:'u" o] rl 1 - 3 Winston Salem, o N. C., $0,084:000; ffll:.ao%"mms C., Gis,000; Chavleston, S, . $5.006,000; Greensboro, .N. ‘.umm colunhh. 484,600; muh. Rnon: X 0%6.000: Spartanburg, S, . . $3,190,000.: z Investment Service . é/u.tr &:Co SANKERS | ' INVESTMENT BUILDING WASHINGTON. D:C. rpuu—m- st " The 'Comnnlgrcial ! . National Bank on ings Accoun! . Interest starts from DAY of .. deposit and is earned to DAY of withdrawal, Come.in and let us explain. Rasources Over $15,000,000 14th & G Streets’ R GOLDEN DONALDSON, President Money Available for FIRST DEED OF TRUST LOANS ' On Cunz'hnl Pnnmu and Let us have your applications or "~ LOANS ON REAL ‘ESTATE = Immediate Action Courteous Treatment Our record of 35 years speaks for itself. Percy H. Russell Co. 131K St NW.. volgme in’ the’ Piedmont. sec- ‘Carolinas, as indicated by ew York City WOULD YOU LIKE TO FORGET YOUR CAR HAS ! TIRES? See our display of the wonderful new - GOODYEAR DOUBLE EAGLE . Tires and Tubes BEN HUNDLEY GOODYEAR TIRES ; 3436 14th St. .N.W. (At} Newton): STATEMENT O‘P m CONDITION Missouri State Llfe Insurance Co: - of St. Louis, Me. , 1 juired under the iet of Columbia. On the st dog e, Rnaended .vu'a’.‘fi,' I e st o, IS market vaiue) ...l icies .and premivm rotes fume uncollect -nd In Bands of Akents . Interest due and Al other assets Assets: Aecident Total assets ........... eeereeereens. . S1ST,008.89104 Net unpaid elaims Eremiums. n'a“':'nmm prepaid 5 a X Salaries. rents, E“' Commissions. of ital stack i ather” abiiities nassigned funds and surpiis Total liabilities (nfll m 928 Mm duging! e I::—':m 2 JAMES J. PARKS, stant retary. ’('M“%l Ibscrised and sworn To Delore me thn'Iat roh 1929, 3 My commission exp =) BALTIMORE BRANCH ‘. 903-4 Court Square Bmldmg, lhhilnore. Md. Calvert 3887 2 HELPFUL TO SMALL " INVESTORS. - We have:a Parfial‘Pav;itent Plan. by ‘which you' can con‘ veniently buy our - ; 52 4 « 69 FIRST MORTGAGES Over-a Third of a —making modest payments out ‘of income—meanwhile every dollar is-earning its’share. of-the: - | assured interest, Century Without a Loss 3 In amounts from $250 up. B. F. SAUL CO... 925 15th:St. N-W, THERE IS NO SUBSTITUTE FOR . SAFETY The Rosetta Stone It lay for 2,000 years in the mud:at the Rosetta mouth.of the Nile, and held on its black basalt surface the | key-to Egypt’s hieroglyphies. Then Napoleon’s legions trudged the; Sahara sands; and Napoleon’s engi- . . neers, dredging the Nile, brought the Rosetta Stone. up from its hiding place. The eye of Jean Francois Champol- lion, scientist, fell on the stone’s triplicate engravings — in Riero- glyphies, hieratics, and Greek—and he worked out a transiation of pie- tare-writing which unlocked the doors to Egypt’s glamorous past. Capital is the Rosetta Stone of fi- nance; with it, you can. translate your investment plans into cash. A small savings fund, placed mow in our 6% First Mortgage Notes, will _give you in future years the capital vou will need.when your big eppor- tunity for investment comes. SWARTZELL, RHEEM & HENSEY Co- MORTGAGE BANKER ; 727 15 STREET N.W, p . WASHINGTON D.C. /