Evening Star Newspaper, April 12, 1929, Page 14

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BANKERS PLANNING FOR CONVENTION Members of Assoclatlon Are Showing Interest in Mon- tauk Point Event. BY EDWARD C. STONE. ©. H. Pope, general chairman of the soming annual convention of the Dis-} trict Bankers' Association, expressed keen satisfaction today over the en- thusiasm already being manifested in the big yearly event. While the convention does not take place until late in June, there is little doubt that the attend- ance at Montauk Point, Leng Island, will shatter previ- ous reconds. Mr. Pope calls attention to the fact that the an- nual Spring get- w;ethzr meeting local bankers, 'Mch t“th:sug“ held a 0~ lumbia Country Club, will take place early in May, when many important announcements will be made. At this session bankers will hear how this con- vention is to differ from others and what innovations are expected to en- liven the proceedings. It is already stated that the later date this year will make u?osslble the added joy of ocean bathi Chairman gope mentions the splendid ‘eo-operation long existing among Wash- ington bankers, and believes that past conventions have been largely respon- sible for this happy and financially profitable state of affairs. Bankers' problems are identical and the conven- tion offers the best opportunity far their discussion and solution. In the past effective and uniform treatment of these questions have been far reaching. The program committee is arrang- ing for discussion of topics that are ially nm:ly just now. The enter- fainment_committee has been assured of still greater co-operation by Carl Fisher, who has charge of the develop- ment of the Long Island playground. ‘This 's_reservations are in charge of Claude H. Woodward, president of the Mount Vernon Savings Bank, who Is chairman of the transportation com- mittee. The reservation blanks are al- Teady out. Would-Be Investors Flecced. Just at present a surprisingly large Bumber of Washington residents are losing large sums of money through bad investments. Louis Rothschild, director of the Washington Better Business Bu- resu, is authority for the statement that more worthless securities are being offered here now than has been the case for several years. Financiers connected with established investment houses report that they are getting scores of letters almost daily hom would-be investors inquiring about this and that proposition, many of ‘which on_the face of them are ques- tionable. In one or two recent instances conservative people who bought bonds. in order to run no risks, have suffered severe losses. “Many of these people who have lost large or small sums, on what is clearly could take their €. H. Pope. ‘banker said today. evidence furnished, the district attor- ney’s office would be sure to act. If too late to recover the funds, it would at least protect others from suffering the same financial losses,” he said. Judging by all these warnings, there never was & better time to consult bank- ers and other investment experts than right now. . Local Stock Prices Steady. Prlce levels on the Washington Stock Exchange today were almost exactly the as yesterday. The heaviest trad- ing in Mergenthaler, 51 shares sell- ing &t 107%. odd lot of Washington Gas came centlissue at 1073 and 1073, al Securities preferred at 100‘,5 shares of Title & Insurance Co. land common at 40. ity shares of D. C. Paj pre- sold at 85, while 30 of pital Traction appeared on the board n !’l',t up 3% from yesterday's close. A sale of 106 shares of National Mort- sage & Investment preferred was re- corded at 5%. ln the unlisted department, Chapin 8 per cent preferred changed hlndl at 109. The newly listed Real Estate Mortgage & Gueranty preferred stock has appeared on the local board. ‘There was no trading in the issue, the first quotations on it being 7% bid and 7% asked. In the bond division Washington Gas issues held the center of the stage. Both the A and B bonds were active at re- eent levels. Reserve Bank Discounts Lower. ‘The eonmmhud statement of condi- tion of the Federal Reserve banks on 10 shows decreases for the vtek $66,300,000 in holdings of discounted NEW YORK STOCK EXCHANGE Lbllm Powflr dv Runiley Anuu- a Lead. edetn (13), A|r Wl! El (2) Ajax Rubber Alaska Junes. Albany Wrap Pa Alleghany Corp. Alleghny pf 6% . Allled cn-.. .o Allls-Chalm(7). Amerada(2). Am Agricul Chm Am Bank N(13). Am Bk N pf(3).. Am Beet Sugar. Am Beet Sug pf. ) Am Chiele (3)... Am Encaus (2) Am Express($) AmIce (13)... Am Internatl $2. Am LaFra&Foam Am Locomot(8). Am Loco pf(7).. Am Ma & Fy(4). Am Metals(3). . Am Nat Gas pt 7 AmPo&Lt pf(8)) AmP&LtA(S). AmP&LDS ata §. Am Radiator(§). Am Rad pf(7)... AmRad&Std San Am Seating(3) Am Ship & Com.. Am Shipbldg(8). Am Sm&Ref(4). Am S&Rpf(7). | Am Stl Fdvs(3). Am Steel Fy rti Am Stl Fy pf(7). Am Woolen pf.. Am Writ Pa ctfs AmWritP pf(3). 1 Am Zin new) Anaconda (rts).. Anehor Cap 2.40. Andes Copr (3) Archer Daniels. Armour Del pf 7. Armour 1Il(A). Armour Il(B).. Armour 111 p£(7) Arnold Con & Ce Atlan R.f(ng) Atlantic Ref rts. Atlan Ref pf(7). AtlasPowder(4), Austi! ichols, Ausuin-Nich pf. Auto Sales...... Auto Sales pf(3) Autostrap A(3). Baldwin Loe (7) Bayuk Cgrs (3) .. Beacon Oil. Beeca-Nut (3)., Belding-Hemwy, Best & Co(3).... Bethlehm Sti(4) Beth Steel pf(7) Bloomingdale. .. Blumnthl p£(7). BohnAI&Br t3% Borden Milk( Borg-Warner... Botany Mills (A Briggs M{gFCo.. British Empire.. British Emp 2d.. Brockwy Mot(4) Bkiyn-Man(4).. BklynUnGaa(5). BrownShoe(2% ) Brunawick B(3). Brunswick Ter.. Bueyrus . Bueyrusev(2%) Burns Bros(B).. BurnsBros pf(7) Burroughs (15). Bush Term(g2). Bush Ter de(7).. Butte Cop & Zine Butte & Sup(3) Butteriek Byer & C¢ lol'»i 101% 84 3! 6% l'l!b 18 34 10114 101% 272% 277 170 1714 116 60%. 141% 1% 100% 101% 52 2% 39% 39% 344 345 1881 104% 135% 66% 2% lll 2 1 12U 27% 656k 5‘% ’0'/. 12% 6% 3 25% 49% 5% 5l 116% M 6% 32% 31% 4 45 258 120% 1 Barnsdall A (3). by 1 By-Prodets 123 . Calif Packg (4). Callaban Zinc. .. Calu & Aris (). Cal & Hecla(4) bills, ‘of $17,400,000 in bills bought in G open market and of $3,000,000 in Gov- ernment ties. Member bank re- serve deposits declined $33,400,000, Gov- ernment deposits $12,200,000 and Fed- eral Reserve note circulation $5,900,000, increased §: 700,000 below the amount held on April 3. North American’s Output Up. Electric output of the North Ameri- ean Co.’s subsidiaries for the first quar- ter of 1929, including 13 full weeks, was 1,648,600,000 kilowatt hours, an increase of 14.04 per cent over the output of the same companies for the first quarter of 8. ““The record week’s output so far this year was 138,790,000 kilowatt hours for the week ended March 7,” says Frank L. Dame, president of the North Ameri- can Co. stantly increasing use of electricity is indicated by the fact that in the first quarter the average weekly output of 126,800,000 kilowatt hours was only 1% per cent less than the output for the record week. Insurance Office to Open Here. Almost day some new financial ""’mze in_this city. The! “The steadiness of the con- | C Cen Aguirre(2) Cent Alloy«2).. Cent Alloy pf(7) Century Rib M.. Cerro de Pas(6). Certain-teed Pro Certain-teed pf.. Ches & Ohio(10) C &0 Corpa(3).. Chi&k Alton..... Chi & Alton pf.. Chi Great West.. Cni Gt West pf.. Chl Ml &SLP.. Chi Ml & 8tP pt Chi& Nwn (4).. Chicago Pn Tool, Chi PT pt(33).. CRIRI&P (7).. Cni Yel Cab(3) ‘hickasha (3) Chrysier Mot(3) City Stores new. Cluett- Peab Coea-cola (4) Colitns & Alkmi Col Fuel & Iron. Col Sou 2d pf(4). Col Gas & Kl1t6). Col Gas (2)...., Columbia Graph Col Carhon 143« the | Com Credit (2).. -50! ’AHAI!A CITY, April 12 (#)—The Panama government M-y ted the Panama Corporation, & British Com Ct Lstof 635 ComInv Tr($4). Com Inv (war).. Com in Tr pf 6% Com Solv (h8).. Com Power (14) Conde Nast(2).. Congoleum-Nair Cgrs (5) Conley Tinfo ConCigprpf (8% Cruetble l;lfl) Cuba Ca; Cuba o-m-ny . Cuban-Am Sug Cuban-A'Sug'pf. Cudahy Pkg(é). Curtiss Aerof1). Curtis Pub (§). . CurtisPub pf(7). D.mllu(l)... Rayn(13). e Minea(l). Dupont de N(4). Du Pont deb(6). Eastman (18). 8 Azle (3) Kitingon(2%).. Elec AutoL t4% Blectrie Boat. .. ElecPowaLt(1). Elec P&Lt pf17) Elec Stor B (5).. End-John(6) Endicott pf(7). 17T 171% 64 32% 145% 15% 64l 106% 8% 2% 1 Eng PubSer(31), Eng PuSpf5%. tquit Bldg(2). . EquitableTr(12) ErifeR R. Bureka Vac (4).. EvansAu L 12%. Fairbanks Co.... Fairbanks Co pt. DAnKs( Fashion Park FedL&Trac pf 6. Fed Mot T(30e).. Fidelity-Phoenx. Filene's pf(6%). First N P 1st(3) #irat NatS(1%). Fiak Rub! Fisk Ru 60% pd. Fisk Rub 18t pf. Fletsehman 133 Florsheim (A). Follansbee 12% X im A(4) Freeport T (4).. Glbrl.l Snub A.. Gen Am TC(34). tien Asphalt.... Gen Asph pf(5). Gen Bakg pf(3). Cab GenGas pt A(7) Gen G & El A(3) Gen Gas pt B(7) Gen Milis (3)... Gen Miils pf (§) Gen Motors (3).. a1 Gen Mot pf(7).. GenOutdrAd(2). Gen Ry Sig(6).. Gen Refrac t33. Gillette S R (5). Gimbel Bros.... Glidden (11%). . Glidden O11(rts) Gildden pr p£(7) Gobel (Adolph). Gold Dust (new) Goodyr 18t pf(7) Gotham H (2%). 60 Graham-Pa Grhm-Paige cf 5% | Granby Min (7). Grand Unon.... Grand Un pf(3) Grant WT(1).. Grt North pf(§). Gt Nor pf efats) GrNorOr efs 3% . Grt Wa Sug 2.80. Grt Wn Su pf(7) Greene Cana(3). Guantanamo pf. Gulf Seat Sti(4). Hacknsk W(13%) Hahn Dept Stor.. Hawaifan P (2).. Hayes Body.... Helme Geo(17). Heime pf (7)... Heraney Corp. Hershey pf(4).. Hollnd Fu(e3%) Howe !onu(d). Hud Man(24).. 1 | Hudson Mot(§). Hupp Mot(£3).., llinois Cen(7).., 18d 0 & Gas (2). Indian Mot (1)., Indian Refining. Indian Refg ctfa Indust Rayon... Ingersoll-R(16). Inland St! (33). Inspiration C(4) InterboroRapTr. InterconRubber, internat Agri... Intl Bus Ma (§). Int Cement(4).. int Com Engi2). Int Harv (3%).. int Mtch pf 3.20 Int Mer Maris Int Mer Mar p! Int Nick,Can 30e 14 | Int P & Pow rts. int Paper(2.40) '0A2. int Papr & Po 1nt Papr & Po C. Int Pa&Po pt(7) Inter Dept 8(2).. Intertype(t1). Island Creek(4). Jowel Tea (15).. Jobns-Manv(d).. Joidan Motor. JordanMot (rts) Kan City Sou(5) Kaufmn DS L. Kayser J (8 Keith-Albee. Kelly Tire 8% pl Kels Hayes(2).. Kelvinator Cor, Kennecott (4). Kinney (G R). Kolster Radio. Kraft-Pho(1% Kresge (1.60). Kreuger & Toll Kroger Gro(é1 um« Gl 10) ) Lee Tire & Rub. Leh Por Cmt 2% Liehigh PC pf(7) Lehigh Val Coal. Lehigh Vll( 3 “ ). Leh: 3 Liquid Car 1434 3‘#- 3). 99% | La Oil peisth) .- 'Ss | Lovie Gash 1.76. Ludlums$ti(2).. Ludium S p£ 8% . Me Call Corp(4) =Ml‘fl . ‘McKesson&R (2) MeKsn pf A 3% Mack Trueki$). Maoy Co (e2)... eCrory pf( 1 McKeespt Tin P MadSqGar 1%, - Magma Cop (5). ' Matiison & Co. 250% 250 Iifl‘ 54! 117% 1714 6 b4% B Marland Oil. Mair-Roek (14). Marmon Mot(4) . Martin-Parry... May Dept 8(¢) Maytag (12) lhyut pf(3).. Mengel Co. Mo Pacifie (rts). MoPaetfie p£(5).. Mohwk Car 3% Mont Ward 3% Moon Motor. Mother L (40¢). Motion Pie Corp. { Motor Meter A.. Motor Prod(2) 1 Motor Prod(rts) Nash Motors(6). fillh‘. Chlll(") . at Acme (1)... Nat Bellas H $1. Natl Biecuit(17) Nat Reg 16 Nat Dairy (33) N NY& H‘rlm{l) NYNH&Hart(4) NY NH&H pf(7) N Y Ont&Westn. N Y Sum pf (6 NY Stm 1st pt Y. Norf & Wn(110) NorAm bl0% stk North Am pf(8). NorAm Ed pf(7) No Ger Lid 3.4. Nortn Pac( Nor Pac cfs| Norwalk Ti 011 Well Supply. Omnibus. - OppenhmCol(4).. Orpheum pf(8) Ots Steel. .. Owens Bot (Gl) - Paclfic Coast. .. Pacific Gas (2).. Pacific Mills.... Pac O1i Stubs. ... Packard (13%).. Pan-Am Petroim Pan-Amer Pet B Panhandle. Paramount-¥-L. Park & T11(33).. Park Utah(80¢). Patino M (3.89) Peerless Motor. . Penick & Ford. . Penn Dixie Cmt.. Pena R R(334).. Perye Marq pf(5). Pere M prior(5). Phila Co (t Phila & KC& .. Phil Morris(1)., Phillips-Jon(3).. Phillips P (1%). Plerce-Arrow. ... Plerce-Arrow vf Plerce O11. Pieres Ofl pf. Pierce Potrolm Pilsbury (1.60).. Pirelll (A) 2.88.. % | Pitts & WVa(6). Pitts 8tl pr(7).. Per R1cOToA (7). PortoRIcoTobB.. Postal T&C pt 7 Prairfe PL 13%. Prassed 8ti Car. pLC I’Ilb 8 NJ p2(7) Pullman Co(4) Punta Aleg Bug. Pure Oil (1). Pure 01 p£(8).. Purity Baking. . Radio Corpn Radio pf (B RECers(4). ReadingRy Reading 2d(3 Real 81k Hos, Rets(R)& Co Remingtn-Rand, Rem-Rd 18t(7).. Reo Mot (11)..., Republic Brass. Rep Brass A (n. RhineWE(1.92). Richfield Oll (2). RioGrande Ol 2. % | Royal Bak P(1).. 8% 8% 20 29% 57% 57% 139 139 130% 181 121% 121% 10% 1 % 82% 2% 7% 26 16% 85 7 b1% 14% B4k Royal D(a1.336). Safeway (3). Safeway pt (6) StJdos Leaai13). 1 StL & San Fr(8. StL&SanF pf(s) StL&Southwest, 673 | Sim: South Cal Ed (3) Sou Cal Bd(rts). South Dairies 8. South Pact6)... 1 Sou-Pacifie rts. South Ry (8 'SouRy M&0 lpI.ldln‘ (1.60)., 1 Spng. Pt o | Sparks With(3). Spen Kellog 1. picer MIg..... picerMfg pf(3) smmlu 3).. 8 Com T(1). 1 Phila Rap Tr(4). 2% llflt 12|K % Nl‘/- lll% 1. €, FRIDAY, APRIL 12, .1929. Received by Private Wire Direct to The Star Office Open. High. Low. Olete. Symington. . 7 1 1 Symington ClA., 15% 15 T'l‘lll.l'l'!l(l). 11!‘ 20% 17T% 21% a8 22% 22 Thomp J R(3.60) 46 46 Tidewater AsOll 19% 20% TIAWASO1Ipf (! l) ll TidewatrQ . 38 Timken R B (l).. !N 8% b Froa 1 4nr. . 174 Thacco Prod(A). 20% Transeont O'IL we 104 On 011 Cale2)... Union Pae(10).. Un Pacific pt(4) (itd Cigar 8t(1). Utd Cgr St .((fl d Dy .o Uni Leaf Tob(3) Uni Pie 18t pf(8) Univ Pipe & Rad UtahCopper (16). 3 Ul PAL Atel). Vadasco Sales. ., Vanadium (14).. Van Raalte...... Van Raalte pt... Viek Chem(4)... Va-Caro Chem. . Va-CarCh 6% pf.. Va-Car Ch pf(1). Vulcan Detin... Vulcan Detin(A) Vule Det p(7).. Wabash..... Waldorf(1%)... Walworth(1.20). Ward Baking B.. Warner Bros Pie Farner pt(2.10) Warner-Qu(2 Warner Qu(rts) Westhse Ist(4) Warren F&PI| Weason O1l (2).. Wesson O pt (4) W Penn EI pf (§) W Penn EI pf(1) West P Po pf(7) West DairyA(4) Weat Dairy B Westinghse(4). Weston Electrie. Wheel & LE pf. White Eagle(3). White Mot(1)... ‘White Roek (3). White Sew Mach White 8M pf(4). Wilcox Oll & G.. Wilcox Rich % 18 9% Waolworth (4).. 212% zn 211% Woolworth new. 86% 85% 86 Worthn Pump... 46 46 46 Worth Pump(A) 77% "77% 7™ 7% Wright Aero(2). 244 246 243 243 Wrigey ((13%). 71 TM% TN n% YalehTowne(4). 67 67 67 67 Yellow Truck... 48% 49 46% 47 Young Spg: 62% 59 61% 3% 59 ! Youngstn 8h(6). 126% 127% 126% 127% H Sales on N. Y. Market. 10:30am.. 527.100 12 m... 1,637,800 1:30 p.m 2,20630 3:15 p.m in ¢ table Al g rates s she nuh' Sbeve tebls hun. susrterly or hnll’—yurll l-dnnnm mn. srading leas thaa 100 Partly extra. £ Blus u in ’numc Jear—ne re ..l' - .m‘ e l Payable Il:rfil.lh or Unf 1%% in'sf Wall Street Briefs By the Associated Press. A big gain in gold is shown in the report of the New YorkPedcnlluurve Bank for the week ended yesterday, result of release of $27,283,000, 'hll:h hmbeenh:ldmnrumsrklarm account, presumably France, I.n‘:’;ofl“hm of “.2” m, all of which, exmup from Argentina. Heved to the Directors of the Tidal Osage Oil Co. have declared a special dividend of $1 m the uo par value vonnc and non- Ilnle )ny , to stock- lwldvn o! récor % FUNERAL TO 'BE SUNDAY FOR BOY TRUCK VICTIM ‘Wilson Daniels, Fatally Injured in Fairfax, Va., Thursday, to Rest in Herndon Cemetery. Special Dispatch to The Star. FAIRFAX, Va, April 12.—Funeral services for Wilson Danlels, the 16-year- old boy who was crushed to death yes- terday noon when he slipped between the rear wheels of & truck operated by Charles Smith of Fairfax and the door | % of the latter's garage, will be held Sun- day afterncon at Smith’s Chapel, on the Republicans Will Meet. STAUNTON, Va., April 12 (MU).—- of blicans will be STOCKS GO HIGHER = IN FIRMER MARKET Decrease in Brokers’ Loans Encourages Advance—Turn- over Is Heavier. BY GEORGE T. HUGHES. Special Dispatch to The. Bt NEW specialties, there were no large vances and the speculation was of the more conseryative type. At one time or another, the steels, the oils, the railway equipments and the rubber stocks nrc the favorites. In the later trading the motors forged ahead. While there was no weakness stocks did not Call money, dropped first to 8 and then to 7 eent 1t is doubtful, however, W) the easter do with such strength displa; It was rather the result of = confidence technical of the tion. Opening representing Me lvy the une: hwkm [ood Jhowln( in weekly statement. Steels Lead Advance. ‘The leaders on the side of advance were the steels, American Can and & number of falities. U. 8. m crossing 191 e?:lcy in the session, made & new high on the movement and was umn()’e'-tun!wmhumum extreme high for all time. It is ex. pected that the terms on which uu new stock will be offered will be official- ly announced next week. - The Wall Street guess is that one share of new will be offered at 150 for every six now held. From the action of the stock, it was evident that the trading element expected at least this and possibly something better. Mhlelum Steel was active around its recent Mlh. plflly in lymhy with the strength in and partly on unml!a that first qn.rm earnings would run very high, possibly as much as $5 a share. The other out- stan strong industrial was Ctn. present hu:h were featured at one time or an- o'mer included United States Industrial T o B e ” Alcohol Ih'l:ll“l"wl.l “m be dis- ting & ul lluhlne:tlmv h, the ne'lym United Aircraft & Tnnspnrt Coty, Inc., Gold Dust and Continental Insurance. ) SUPLUS COPPER STOCKS SHOW SHARP REDUCTION NEW YORK, April 12.—Record pro- duction and shipments of nflncd copper tons af with ll?li tons at the ruary and 62,749 at the end of March, | 1928. Primary r production by United | S wmmlnmdhlnmh DAIRY PRODUCTS IN N. C. 1928 Cheese Production Increased | 80 Per cent Over 1927. RALEIGH, N. C, April 12 (Spe- cial).—Production of butter by the 18 creameries in North Carolina decreased 9 per cent in 1928, with 2,249,300 pounds being manufactured, to & re- 3 port of the North Carolina State Col- lege. Decrease was because of greater demand by the fluid milk section of the business. A price pald to farmers for butter fat was 46 cents a pound. 557 the_cstablishment of & branch fsc- tory in the State by one of the large nationally known manufacturing con- from tnemum‘ddflu is vnllnd at more than $11,000,000 to the farmers. 16 Counties Reach C. M. T. C. Quota RICHMOND, Va., Anru 1 @1t was announced today at 80th Division Lunenburg, Page, Pul c o cll..'% Russell, !cott ::yt.he.'rue TREASURY CERTIFICATES. ummfifl!g: & W lcngnnhoo“ 99 28- :n.}: POREIGN IXMGB. (Quotations furnished by W. B. Hibbs & Oo.) gold Selling checks ululfi?yfi;». ':fi:‘% : & 2828538828828 FINANCIAL,™ United States Steel Corporation Ve have available an analysis of this company, prepared by a well known New York firm. Upon request, we will be glad to send you a copy. 2 STEIN BrROS. & BOYCE Established 1853 Woodward Building WASHINGTON, D. C. Main Office: Baltimore, Md. Members New York, Baltimore and Washington Stock Exchanges Associate Members New York Curb Market Home Buyers Demand Our Real Estate Loan Plan because— Low Interest Rates Long Term Immediate Action No Commission Charges INQUIRE 809—15th St. N.W. Main 9486 Mortgage Loan Correspondent Metropolitan Life Insurance Company MEN’S WEAR IS GOING FEMININE “Eminent statisticians and research experts say that over sixty per cent of the purchases of men’s wear are influenced by women.” Wise men respect the judgment of the ladies of their families. And well they may, for the women do know qualities, and keep themselves informed on style cycles and values. Bring your feminine folks with you fo our store. We must please them eventually and it will be a lot easier for both of us to do it right on the spot and from the start. This can be accomplished only when you have your clothes tailored to order. They help you select the pattern that is most becoming and pick the right style to suit your figure. They will be with you when the garments are tried on in baste and you will all be happy when the suit is finally “delivered to your home. New Spring Suitings, $35 Up JOS. A. WILNER CO. CUSTOM TAILORS Corner 8th and G Streets N.W. *———Contrary to_gen- eval belief, the vast major- ity of the well-to-do did wot achieve ind i e B i vesiment g’mfi-‘ ,:lluhd nn by The F. H. Smith C. pemy. AN IMPORTANT New Book about Invutment 'HE booklets of The F. H. Smith Ce TS eveton i gvis the worid: " —discusses pl--lflbhv Mortgage Bonds (sow ducing ciey seal astee : RIS T o it B Goveroped foe 3 peotocin of o Tovesets 4 copy of FiftySix Yewrs of Tavestment Service” ond circulors current offerings are yours wevely jor the asking. .. The coupon will bring both to you. THE F. H.SMITH Co. Investment Securities— Founded 1873 Smith Buildi Washington, D. C. (815 - 15¢h Street, N.W.—Main 6468) Branck Offices in—New York—and Other Cities NAME ... ccoveintacennntasannne

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