Evening Star Newspaper, January 1, 1930, Page 15

THE EVENING STAR, WASHINGTO TRANSACTIONS ON N. Y. CURB EXCHANGE IN 1929 [ATLANTIC COAST LINE 20333e Tasmart Comp .. 165,800 Tampa El (2 Thermoid Co Bf P 405: Third Wat Invest Tho port, 7490 Todd Shipyards (f) 22100 Toddy Corp A (2). cum pf ( 23.750s Tonopah RBelm Isqnoo Tonopah Ext Tonopah Mining (i3} I.lnlwo Transamer Corp (i.60A) 460.300 Transcont Air Trans usm Transcont Air Trans m Trancont Oil pf. l.ulm Trans Lux Day Travel Air Co Tnité Pow con o & Po 'go Onie Ml Prod. Unit Milk Prod pf (1) U sses it “Mota Uni Porto Rican S (Continued Prom Fourteenth Page.) Bales. l: 1400 Uni Porto 3 555 Bo3- 585 o5 L dals! 5 BAILZ 2 28 #3855 cuddqaflcucflqdccuqqagc = st Srgs. nited nited vum Ext Sisssan -..-. 5558 : Min urnl Arlnuon .,._ 3 5 5555558 i’ Stores vic BRwralSs 3 3 Eerssnist EEQG 2. 561,700 Vacuum Ofl (4%g) Varadium Alloy ‘Stl an Milk v 500 VG C Holding’ 45,600 Vogt Mfg Co (2) 500 Waco Alrcraft (1) 00 Waht €0 nori.: 875« West Jer & Sea 1235 West Mariand pl Westmorelan Wheatsworth 9, Wheeling Steel 330s Wheeling Stl pf 505 Wheeling St1 pr lien 2005 Wheeling St bt Y Oil & Gas Yates Amer Mi Yell Taxi Ci 08 s A 600 n Gold 308300 Zonite Srea G Rico_Sugar Uni Pow Gas & W Uni Porte lnn Net High. Low. Last. change. 53 -1 % 43 | the correspondi ) s 28! & guSal TS et Plassll LU+ 1] B FEEE S TRANSACTIONS ON N. Y. 2 5 High. 083 & Imp ori ot B). 9T% ited Paj ] SulEEEEuRoud ol $33332839353338 7 Fd Un Btates Preight ¢ U 8 Hoffm: G S8 §EE e Y > .. re o5 52 EEf 44 ;:: 85 ibber 5t pf elt Abm( o (3% E s s H 1920800 U & Pipe & b S Ppe & 4% 8 8 8 s s 2 §§§§§§l§§§§§§§§§§§ ] B0’ 202! Ja22 g Eyp pem o g 2 8,08 HEHEY qd<ddd, Q63 R "o 8 . 2 o 58 G £38 §§§§§§ 2,23 aute a'a\ Walworth o (2, i ;i (Continued From Thirteenth Page.) Low. Last. chonee. 9% T — % 24 Sales. 580 ,700 44900 War 3,734:200 317, 15 91 3 83353 £ vi, BeiEays sy SEEEE ’F FE B B2, 48! White Eaglc O White Motor ¢ hite Rk Min & OF 00 wonmnt l’umn rR Worth Pum) Worth hlmn Wright Ae; Yellow 161,200 Young (L 318,700 s¥sams sepeuisus.muenus. 486,000 £ A (1) )u 3] © Zenith Radio (2)... STOCK EXCHANGE ] e 35zs zensus.nutsgy F F =t greaiiiss L+l 1+] reaaudIETRE! FEGF ++ se 88 meaa §as A) 8 584 Founsatown 8h & Tuve (5 143 ° 5% Wall Street Briefs By jthe Associated Press. The first 75 railroads to report No- Vverhber earnings had net operating in- come aggregating $80,633,000, as against ,309,000 in the same month of last year, » decrease of 22 per cent. On the basis of reports already received, the sggregate net for all class 1 railroads will approximate $88,000,000, compared with $113,694,856 in November, 1928. ‘The daily exchanges at the New York clearing house for the calendar year 1029 reached a new high record of $477,242,282,160, or $86,614,805895 in excess of 1928, the previous record year. Steel ingot production during the Dast week was 1o better than 38 to 39 per cent of capacity. Dow, Jones & Co. reports, due to the holiday shut- down. For the days the mills were run- ning the rate was around 62 per cent, against 63 per cent in the preceding week and 63%; per cent two weeks ago. George H. Houston, president of the Baldwin Locomotive Works, says that the company and its subsidiaries are closing 1929 with orders on hand sub- stantially in excess of $30,000,000 and with every prospect of normal business for 1930 B Money to Loan- SLAYINGS DECREASE. Chicago Police Makes Optimistic Comparison. CHICAGO, January 1 (#).—Chicago slayings during 1929 decreased 21 per cent and auto fatalities 13 per cent, wn‘ircred with 1928 statistics, the an- report of Commissioner of Police Willilam F. Russell showed today. There were, however, 42976 more arrests in 1920 than in the year preceding, the mp?‘r; _liu'zd. bringing !hts y!l.rs "total First Real Estate JAMES Y. PENNEBAKER Nat 5201 Mortgage Notes o> First Mortgage Loans Commissioner | Lowest Rates of Interest and Commissionr Thomas J. Fisher & Company, Inc. Investments 1520 K St. N.W. NOVEMBER NET OFF ‘The Atlantic Coast Line in its to the mmucmmommw shows gross ber of $5,090,634, redvm:»mmmm com) e corre- i th last $503,019, u‘lnlt $1,156,292 a year ore- lor nm 11 monthn of 't’?t flth 385 mm in lhe the months net operatin Was $1I .l'l 509, against umz'u ling period last year. D. C; STOCK SALES RECORD. More Than Billion Shares Dealt in During Year. NEW YORK, January 1 (#).—Total sales on the New .ork Stock Exchange for 1929 of more than one billion shares established a new high record and nearly doubled the number of shares dealt in 1927. According to the Asso- ciated Press tabulation, sales for th year just ended totaled xm«ooao‘ shares, compared with 912,835,800 shares last year and 570,093,500 shares in 1927, Rearrangement of Investment Holdings The fundamental basis for the making of investments is safety of principal, record of earnings and rates of return. Recent months have altered securities prices to such an extent that these factors should again forcibly to be brought the attention of investors. With steps being taken to further ease credit, the out- look for investment securities remains favorable. Issues with an uncertain outlook should be sold and replaced with securities of the better lass. WEDNESDAY, JANUARY 1, 1930. SAFEGUARD YOUR JANUARY FUNDS In This Investment of Proven Safety E\'ERY dollar of your January Funds should be invested in a non-fluctuating, stable medium which yields as great a return as is compatible with absolute safety and sound business practice. Shannon & Luchs First Mort- gage Notes, paying 6% a year, pro- vide an ideal investment for those Prudent Investors who insist that their Available Funds be kept con- stantly at work: Shannon & Luchs First Mortgage Notes are secured by first mortgages on finer improved business and resi- dential property in Washington— the one city in the United States where the absence of strikes, lock- outs and other industrial disturb- ances causes Real Estate Values to be considered the soundest in the country. No Mortgages are for more than 60% of a fair, unbiased appraisal of the securing property. Thus a 40% margin of safety is always main- tained. Shannon & Luchs, Inc., see to it that the property is fully covered by the necessary insurance, and that it is maintained at all times in first- class condition. Every note is signed by the bor- rower, who thus becomes directly responsible to the note-holder for all payments. Shannon & Luchs have been sponsoring First Mortgage Invest- ments for nearly a quarter of a cen- tury, and have issued thousands of First Mortgage Notes on which none of its investors have lost a penny ; no interest payment has ever been late and no note unpaid at ma- turity. In view of the high yield of these notes, the soundness of the security and the short-term feature make them more than usually attractive to investors. We-suggest, there- fore, that you make your reserva- tions from our highly diversified list as promptly as possible. unusual opportunity is pre- sented at the present time for the rearrangement of invest- ment holdin__. Crane, Parris & Co. Investment Bankers Since 1883 ‘Telephone Located National 0593 821 15th St. N.W. Condensed Statement of Condition December 31, 1929 CAPITAL, SURPLUS and UNDIVIDED PROFITS $7,398,695.45 MEMBER AMERICAN BANKERS’ ASSOCIATION MAIN OFFICE 15th St. and Penn. Ave. ASSETS Cash in our vaults and funds on deposit in autherized depositories. United States Government Bonds and Notes Liberty Loan Bonds and other bonds and notes of the United States Goverament. ' Other-Securities . ......... Bonds and obligations of Sum and Municipalities of the United States and bonds and securities of other Corporations. Pension Fund Investment. . svonishrintdad Securities set apart, income of which is u«l far the purpose of paying pensions to employees. Real Estate Loans. ... .c..c.cmee.. .e Loans secured by First Mortgage on real estate locmd in the Dmncc of Colum- bia and vicinity, having a2 market value greatly in excess of the amount of the loan, chiefly on the homes of residents. Collateral Loans e ok Loans secured by pledge of Government, Municipal or Corporation bonds and stocks or other approved securities having a market value lareely in excess of the amount of the loan, Discounts . .. ] Short time obhgmom of Corponnm or Individuals with an approved ued:t standing and demonstrated financial responsibility. Real Estate, Banking Houses, Furniture and Fixtures @i Land and bank buildings occupied by the Maik Office and branches of the Ccm pany, including furniture, fixtures, vaults, equipment and real estate purchased for the purpose of enlargement of banking houses. Other Resources o4 o A v Including interest receivable and miscellaneous accounts. Customers’ Liability Under Acceptances and Letters of Credit. . Obligations of Customers for the payment of drafts which we have pmned to pay upon presentation. FIRST MORTGAGE INVESTMENTS BY 3,395,050.16 6,184,766.88 50,000.00 7,561,187.22 9,204,491.21 3,398,379.34 1,779.346.59 228,163.59 112,688.00 TOTAL . cscme cmmmete e e sursmerstasiamess ¢ sasae - 337:421,951.09 LIABILITIES Deposits Funds to the credit of our 70,500 deposit accounts payable to them on demand or at an agreed time. Clerks’ Pension Fund and Income The amount set apart from the profits of the Ccmpmy wg«her with d:a accume ulation of interest for the payment of pensions to employees. eletaieTiNe AN IS S RBIE 8 36 3 e el b v e ah e cecesienians - $29,509,212.20 50,856.86 Punctual payment of interest—prompt re- turn of invested funds at maturity, when desired. SAFE - PROFITABLE CONVENIENT « Particulars of available notes will be mailed upon request. Reserve for Dividends Dividend declared by the Board of Directors and payable to stockholders Jamu- ary 10, 1930. Other TLSBIBIEE . ... .. oo ios Gl iebim oot s ooy et Including amount accrued for interest, taxes and miscellaneous accounts, uy Acceptances and Letters of Credit Outstanding . . 5 Our agreement to pay upon presentation certain drafts (ofln: by tlu item “Cus- tomers’ Liability,” listed in our Assets). Capital, Surplus, Undivided Profits. i ‘The excess of the amount we have over the amount we owe to Depositors and other creditors which stands as a guarantee that the obligations of the company toward its Depositors and other customers will be fulfilled. (In addition to the above amgunt the Depositors have as additional security the double liability of our stockholders for the amount of our capital stock, $3,400,000.00.) TOTAL .. 170,000.00 Councllor & Buchanan Certified Public Accountants Wm. Gordon Buchanan Tewer Building National 611061116213 (Telephone Directory ont‘u!oal 180,498.58 112,688.00 The Commercial National Bank Pays interest on DAILY BAL- ANCES on Savings Accounts. Interest starts from DAY of deposit and earned to DAY of withdrawal. Come in and let us explain Resources Over $20,000,000 14th & G Streets B. GOLDEN DONALDSON. President BRANCHES: 1140 15th St. N.W. 7th and Mass. Ave. 8th and H Sts. N.E 7th and E Sts. S.W. 7,398,695.45 ceee e eraenmere H. L. Rust Company 1001 15th Street Nat'l. 8100 . $37,421,951.09 ESTABLISHED 1889