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A1D Ra¥ CAPITAL TRACTION INCOME INCREASES .2 High 33% Gain of $9,900 Shown in { December Net—Year’s Return Off. BY EDWARD C. STONE. According to the detailed financial statement filed with the Public Utilities Commission, -the net income of the Oapital Traction Co. in -December showed & gain of $9.900.95 over the same month in 1928. Operating revenues in December totaled $377,088.61, in comparison with 75,666.23 in December, 1928, a fall- l‘:‘sofl in operating income of $1,422.38. “Total operating expenses were $259, 420.12, against $260,989,86, a reduction in operating costs of § o 4. Operating expenses and taxes totaled nu 314.39, compared with $291,027.43 the . same month in the previous amounted to $99,168.40, compared with $89,834.72 the yoar before, or a gain of $9.333.68. ‘The usual deductions from | gross took thc sum of $31,928.23, against $32,495.50 in December, 1028, a saving of $567.27. This left a total net in- come for the month of $67,240.17, com- pared with $57,339.22 in December. 1928. The number of revenue passengers 7,000. Operating expenses re- ’3 067,371.35, Iclllut $3.( OM - in expenses of vel.l over $12,000. ‘were also lower this year, being ‘fl",&!IM. nnl..'m:. $!‘G,9:‘5,3‘“ the venues amounted to $901 ,869.07, with $31,924.06, or $5,054.99 less in t-he' ,O'W 12 months. required $366,837 ‘with sgg,smol a saving during for the year 1929 !nnrnmnit mfi” fi:o(m or ‘mon! - 431.17. Total revem car- syittairt fhaa ‘The 's Washington birthday hnqmtmemmnm met last night. The committee members are anxious to know what the menu is to be and some the French names on the bills offered for inspection have caused a lively contest. It is now proposed to we & course in French next year. Bank Stock Leads Trading Here. Light trldin( on th W lwc‘kn&chnn;e ¥ a ullinc at 245, off 5 points from sale. undred shares of Federal-Amer- . common moved at 33, Wash- Medical Buildi ation at 95%. Carpel Corporation sold to the extent of 25 shares at 24. Bond sales were confined to Wash- Inflan Gas 6s, series B, at 104 and n Gas 5s at 101. Gas stock is nn' quoted 106 bid and 120 asked. Cap- ital which has recently tion closed today 87 bid regular quarterly dividend of the llh.lnlum Gas Light Co. of 90 cents per share will be paid on February 1 ta stockholders of record on January 15. ‘The annual meeting of the Norfolk & ‘Washington Steamboat Co. takes place on February 13. Maurice Otterback, president of the Anacostia Bank, has arrived at Lake ‘Wales. Fla., on his way back from Cuba. ‘William R. DeLashmutt, cashier of the United States Savings Bank, was recently honored by re-election as presi- dent of the Bank of Damacus, Maryland. Southern Railway 1929 earnings $11.65 a e(.mmon share, against $12.53 = share in 1 w'ly 1929 earnings .uox & common share, against $8.18 a share in 1928. Norfolk & Western 1929 earnings $29.05 a common share, against $21.32 ® share in 1928. Common advanced 0 $2.50 quarterly basis from $2. President Hoover says employment in week ended January 13 shows 3.3 per esnt increase over preceding week, to Labor Department survey. The insurance committee of the Dis- trict of Columbia Bankers' Association ‘will meet February 7 at 4:10 o'clock in the afternoon. The council of adminis- tration meets Friday at 4 p.m. ‘The Associated Retail Credit Men of ‘Washington have moved their offices into the Printcraft Bulilding at street northwest from their street quarters, 62 FINANCIAL. Sales of Each Stock Compiled to 12:30 P.M. . 1830.~ Stock and Low.™ Dividend Rate. 22 Abitibl Power & Pap. 45 Abraham Strau 28V Adams Expr (1 :‘l,!i us Air Reduction (3) 10% 64 130% 144 82 46 33 25% 41% 9% 22% 30% 59 39% 41% 2% 32 105 219 1 R7% 838 343 64y 27 226% 120% 129 7% 1% 34y 6 46% 111 27% 34% 85 37% 235% 103% 170 6% 60 39% 90% 219% 4% 60 41% 6% 34% 118 119% 69% 12 3% 24% 16% 71 38% 35% 101% 127 kil 54% 72 67 Alr Way El Ap(’“)- 7 4 77 Am Bank Note (13). 40% Am Bosch Magneto. . 46% Am Brake Shoe(2.40) 118% AmBrS&Fpf (7).. 8% Am Brown Rov Elee. 5 11% 104 60%; Am Brown B EDf(7)160s 66 64% 117% Am Can (4). 1 1 27% Am Argicul Ch pf... ; 5 2 141 141 3 81 80% 45% 44% 3 49 28% 23% Am Encaustie ( 10 25 35 Am European See. 4 4 41% 88% Am & For Power, 1% 19% Am g:'. fian S l ;g% 58% 37% ) ssv, 2 Am La F & Foamite. 2% 30 AmLa Fr & Foam pf 10s 3 99% Am Locomotive (8), 3 1011 100 210 Am Mach & Fdy (7). 1 215% 215% % Am Plano ¢ 4 U x5 77 AmPower &Lt (1) 17 86% 4% 80 AmP&LpfAst(5). 2 83y 304 Am Ra&StdSan1%. 40 33 20% Am Republics....... 10 221 80% Am Rolling Mill (2). 26 88% 59 Am Safety Razor (5) 2 61% 83 Am Shipbuilding (8) 10s 84% 69% AmSm & Ref (4),... 35 74% 185 Am Sm & Ref pf (7). 1 185% 100% Am Snuff pt (6) 44% Am Steel Fdy (3).... 46% Am Stores (2).. 60% Am Sugar Rfg (5) 26% Am Tel & Ca (5). 216 Am Tel & Tel Am Tobaceo (B) (8). 120% Am Tobacco pt (6).. 125 Am Type Fdry (8)..: 88% Am Water Wks (n1). 7% Am Woolen. 19% Am Woolen pf. 5 Am Writ Paper ctts. 29% Am Writ Paper pf (3 8% Am Zinc Ld & Sm... 69% Anaconda Copr (7).. 21 40 Anaconda W&C (3). 35 Anchor Cap (2.40) 105 Anchor Cap pf (l%). 24% Archer-Dan-M (2).., 24% Art Metal Works (3) 361 Asso Appl Ind (4)... 28 AssoDryG (234). 81 AssoDG 2d pt (7).. 33% AssoOll (2)...... 219% AtchT& S Fe (10). . 102% Atch T&SF pf (5)... 166 Atl Coast Line (110). 724 At1G & W Indles. ... 59 AtIG& W L pf (4).. 364 Atl Refining (12). 81% Atlas Powder (4). 175% Auburn Auto (34) 3% Austin Nichols. 56 Austrian Cred 37 Auto-StSafRA (3). 4% Aviation Corp Del. .. 80% Baldwin.Loco (1.75). 111 Baldwin Loco pf (7). 10s 116 115 Baltimore & Ohio (1) 63 Bang & Aroos (3%).. 3 1 564 56 2 ‘2% 41% Sales— v, Add 00. High. Low. Close. Close. 3 % 27% 52% 27% 23 son 122‘7 122% 122'5 10% 66 100/ 129% 127% 128% 141 681% 69 110 Bang & Aroos pf (7). 30s 110% 110% 110% 2% Barnet Leather. 1 3% 3% 22% 122% Bethleh 78 Blument 52 70% 6315 3% 1% British Emvlr. Sl‘d 183 Brockway M Brooklyn & Queen: 54 Bklyn&Queens pf 131 Bklyn Union Gll !l) 40% Brown Shoe Co (: 10 43% Burr Add Mch (80¢). 36 Bush Term (g2)..... 42 100% Bush Term deb (7).. Wl 106% 110 Bush T Bldg pf (7).. 20s 112 3 Butte Copper & Zinc. 4% Butte & Superior (2) 16% Butterick Co. 85% Byers (A M). 81% Calumet & Ariz (10). 29 Calumet&Hec(ad%). 63% Canada Dry G A (5).: 187% Canadian Pac (10).., 18% Capital Adm (A). 192% Case (J 1) (6).. 115 Case (JT) Co pf (7).. 54 Caterpillar Trae (3). 6% Cavanagh-Dobbs. 35% Celotex (3). 1 30% Cent Alloy Steel (2). 28 33y 321 108 Cent Alloy St pf(7).. 20s 110 110 279 CentRROfNJ (t12) 59% Cerro de Pasco (6).. ed Prod annen Rano 63% Chesapeake Corp (3). 5% Chi & Alton pt. 36 Chi& East I n pf.. 24% Chi Mill St PlPln. .. 42% Chi Mill St P&Pac pf 84 Chicago& NW (5).. 100% Chi R1& Pac pf (6). 57% Childs Co (2.40).. 33% Chrysler Corp (3) 40% City Ice & F' (k3.60. 3% bl 52% 06% 26% 26% 26% 187 23% Com Credit (2) 1 281, 31% Comm Credit A 39% 38y 76% Com Crd 1st pf (6%) EOI 80 36% Coml Inv Tr (£1.60). 86 4615 44y 27% Comm Solvents (1).. 93 28% i2% Comwlth&Sou(60e). 172 13% Congoleum-Nairn... 9 45 Congress Cgr (16%). 2 44 Consol Cigar (7)...., 3 15% Consol Film (2). 2 18 Consol Film pt (3). . 96% Consol GasN Y (4).. 120 109 99% Consol Gas NY pf(5) 2 100 49 Consol RRCubpf(§) 2 56 1 Consol Textile. 6 1% 12 Container Cor A 1.30. 16% . 4% Container Corp B % 39 Contl Baking A. 22 a4% 5% Contl Baking B ) #8 Contl Baking pf (8).. 50% Contl Can (2%). 28 Contl Dia Fibre (3).. 5% Continental Motors 21% Contl Oil of Del. 27% Contl Shares (1) 87% Corn Prod (13%).... 95% N!K 140% Corn Prod pf (7) 24% Coty Ino (g2).. zacl-unefwm(:ll)u). l fl: Crosley Radio (1).... 43 Crown Cork & Seal. .. 51% vees Sugarnt. L™ 1 89 29% 38% 183% 29%, 38% 81 44% 28% WASHINGTON, Cudahy Packing (4).. Curtis Publish p£(7), Curtiss Wright Corp. Curt Wright Corp A. Cutler-Ham (3%). § BT 00 1t 1t Devoe & R. A (2.40). Diamond Match (8). 8‘0' Dome Mines (1)..... Dominion Strs (1. lfl) 8 Drug Corpn (4).... Duplan Silk pf (8).. 100! Dupond de Nem (4). 14 Duquesne 1st pf (5). Eastman Kodak (18) 12 Eaton Axle & S (3).. Eitingon-Sch (2%) Elec Auto Lite (6)... El Pwr & Lt pf (7 Elec Storage Bat (). % Emmerson-Brat A. Endicott-John pt (7) 9% Eng Pub Serv ($1)., 1 Evans Auto L($234). 4 Exchange Buf (1%).300s 0 D! Fairbanks Mo: 4 Fed Water Ser A 2.40 Federated Dept St on Firet Nt Stra a%). Fisk Rubber. o Fisk Rubber 1st pf. . 130 Fisk Rub 1st pf cv. . Follansbee Bros (3) Foster Wheeler (3) Foundation Co. “ Fox Film A (§4) Freeport, Texas (15) is Gabriel Snub A, Gardner Motos Gen Amer Inve Gen Am Inv p Gen Am Tnk car(u) Gen Asphalt (4). Gen Br:nn @) 1 ) C(n\‘ 4). Electric (new! Gen Elec spec (60c) Gen'l Food Corpn (3) Gen Gas&El A (te2). GenG & ElptA (7). General Mills (3) Gen Mills pf (6). Gen Motors pf (7). Gimbel Bros pt Glidden Co (h2). Gobel (Adolf). Gold Dust (23). Goodrich B F (4) Goodyear Tire (§ Goodyear 1st pt Gotham Silk H ( Gotham S H pf (! Oolfld Coupler. Grt West Sug (2.80 Grt West Sug pf (7).250s Grigsby Grunow (3), 35 Guantanamo Sugar. Gulf Mo & North. Gulf Sta Steel (4). Hahn Dept Stores... 20 Hall (WF) Ptg (m1) 1 Hanna pf (new) (7). !20! Hartman Corp B 1.20 Hawalfan Pineap(2) 6% Hayes Body. Hershey Ch Holland Fur (et2 Hollander & Son. Houdaille Her B P 28 - Hud&Man Ry (3.50 Hudson Manh pf(5).. Hudson Motor (§). Hupp Motor (£3) Illinots Central (7).. Independ 011 & G ( Ind Motor Cyels Indian Refining. Indian Refining c Indus Ray (b5 %stk: Ingersoll Rand (4) Inland Steel (4). Inspiration (4) Insurance Shars 45¢. Interlake Iren (1)... Interboro Rap Tran., Intl Agricultural. . Intl Bus Mach (n6) Intl Cement (4) Int Combustion Inter Comb Eng pf, Intl Harvester (33%). Int Hydro El A (e2). Intl Mateh pf (4) Intl Mer Marine (1).. Int Nickel of Can (1) Intl Pap & P A(2.40). Intl Pap & Pwr B, intl Pap & Pwr C, Intl Pap & Pwr p£(7) Intl Printing Ink (3) Intl Rys Cent Am. .. A pL(s). Int Salt (6) - ESannnabBantonaSaan - Swand o s3 o ?.'...-m.%.- Fuannnn Investors Equity (). Island Creek Coal(4) Jewel Tea (4). Johns-Manville (l). . Johns-Manv pf (7).. 30s Jones & Laugh pf(7)110s Jordan Motor Car. Kan City Sou (5).... Kan City Sou pt (4).. Karstadt (R) (102).. Kayser Julius (4)... Keith-Albee-O pf (7) Kelly-Spring Tire. Kelsey Hayes (3). Kelvinator Corp. Kennecott (5). Kinney GR (1). Kolster Radio. Kraft Ph Ch (1%). Kresge(88)Co(1.60) Kreuger&Toll (l.ll)' Kroger Gr&Bak(nl). Laclede Gas (10).... Lago Oll & Trans. Lambert Co (8). Lee Rubber & Tire. . - Lehigh Valley Coal. . Lehigh Valley (t434) Lehn & Fink (3). . Libbey Owens (1 Liggett & My (15) Liggett & My B (453, Lima Locomoti ve Link Belt (2.60). Liquid Carbonle (4 Loew's, Inc (3) Loft, Inc. Lotisiana Oil. .. % LouG&ELA (1%).. Louis & Nash (7T).ae0 Ludlum Steel (2).... MecCall Corp (2%). .+ MeK'port T P (NK)- McKesson & Rob (2) McKes & Rb pf(3%). Mack Trucks ( Macy (RH) & Co( Madison S5q G (134) Magma Copper (5) Manati Sugar. M s -] epntarnETanTasabem ) (8) e .20 mfl.u( Do % %‘lhlfly and un D. €, WEDNESDAY, Stock a-d Dividen Aate. 2914 Melville Shos (2).... 1 154 Mengel Company (3) 18 16% Mexican Seaboard. .. !S'A Miami Copper (4)... Michigan Steel (234). Mid-Continent P (3). Middle States Ofl et.. Miller Rubber....... Minn Hon Reg(13%) Minn Moline Pwr. J.. Minn Moline pr 6% .. 54 l!t".!llll(‘ . % Mo Kan & ) Mo Kan & '!u pECT). Missouri Paeific. ... Mohawk C Mills Monsanto Ch (g1%). 11 Montgomry Wrd (3). 208 Moon Motors. 2 Morris & E: unoo. Mother Lod uI‘Ie) Motor Meter G & Mun-ln.wnr (N) MurrayCor (b2 % sti Myer(FE)& Bro (2) Nat Dairy (ti) Nat Distillers Natl Lead (5). Natl Lead pf A Natl Pwr & Lt (1) Natl Rys Mex 2d pf.. Natl Surety (5). Nat Tea Co (2).. Nevada Copper (3).. Newton Steel (3).... N Y Airbrake (3.60). N Y Central (8 N Y Chi&StL(6) N Y Chi & St L pt(6) ¥ Docl N N N N Norfolk&Westn (10) . North Am(b10%stk), North Am pt (3) North Am Ed pt Northern Cemr-l (l) Northern Pac (5).... NanGh Pacet (5)...., ° Swwrw o~ Fnoma P Otis Slnel (2%). Owens 111 Gh.ll(nl) . PacificGas& E (2).. Pacific Lighting (3). Pacific Oil stubs. . Pacific Tel & T (7) 1 Pacific T & T pt (6). 110- Packard Motor (1).. 35 Pan-Am Pete B...... 7 Paramount-F-L (3).. 150 Park & Tilford (33).. 1 2% Park Motor Car. ., Penick & Ford (1)... Penney (JC) (23%).. Pen (J C; Penn Dixie Comt pf. Penn Coal & Coke, Pennsylvania RR(4). Pet Milk (13%). . Phelps Dodge (3). Phila & Read C&1.. Philip Morris (1).... Phillips Petrm (n2). Flerce Of | ORI - B weTampomwoms aSwnnwrIsnnane e~ s Reming-Rnd 1st 1) . Reo Motor Car Rio Grande Oil (2).. Ritter Dent Mfg (13) Rossia Ine (2.20).... Royal Dutch (a3.20). Safeway pf (6). b Safeway Strs pf (1). St Joseph Lead (13). St L-San Fran (8)... St L-San Fran pf(6). St L Southwestern Savage Arms (2). Schulte Retail Str Schulte Retall pf(8). Seaboard Alr Line... Seagrave (1.20) . Sears Roebuck (33%) Second Natl Inv..... Sec Natl Inv pf (5).. Seneca Copper. . Servel In Sharon Steel H (3).. Sharp & Dohme. .. .. Sharp & Do pf (334) . Shlllutk(l‘fll('lh) 108 47% 4 Saler— Mfloo.nm;‘ Low. JANUARY " 29, 1930, Sloas Shemerd Steei. a1 Stock and Low. Dividend Rate. 21% Sheil Union (1.40)... 103 Shell Un Oil pf (5%) Simms Pet (l.lo). 23% Sinclair Con Oil (3).. 22 25 24% 24% !lnelllr Ofl pf (8)... pes ) on 30% ‘FINANCIAL, Sales— Aflfl&m.h Low. Close. Close. 22% 22% l ll)l% 103% 103% 62 92% 90% :’} 30% Sloss-Shefeld pf (7) 68% Snider Packing pf... Solvay Am In pf 5%. % 30% 102% So Por Rico Sug (3).. 25% 8o Port Ric 8 pf (3).. thern Cal Ed (2) P P cacccaaca nunnnnnn IG.IC AM. fi%“ Markets at a Glance | NEW YORK Jum-ry lum’ hl;h on hvot-hu 1929 umlnn. hom wnvanlble 4! hel 3 pthln 2 m in’ Mufi ts in’active 8. Loy ; Spanish 12 a cent. Foreign e: peseta Fallies nearly Cotton easy; general liquidation. su r higher; steadier spot market. ee firmer; trade buying. CHICAGO, January 20 ()—Wheat ;:: ; Russia selling y. Corn lower; easier cash markets. Oattle firm, Hogs easier, METAL MARKET, NEW YORK, Jlnlury 20 (#).—Copper lnd fuulr-, 1 and nearby, :no. Future, 40 Lead quiet, N , spot, 6.25; East Bt Louls, 6.10; Zin gals Ssat B¢, Lok spot and future, 5.2585.30. Antimony, spot, 8.75. TREASURY CERTIFICATES. (Reported by J. & W. Seligman & Co.) to Germany and | {P'sF SHORT-TERM SECURITIES. (Reported by J. l'»lfll_lu. Hl—cln.lmrl fEniee o Seher 5" And. Trunk .cn o e At flumole Ol 8'3s 1932 i m‘""‘)u corg: U -:-:"‘m FOREIGN EXCHANGE. Sweets of Amer (1) Symington (A).. Telauto Cp (11.25) S Splegel-May. Stand Brands (13%). Stand Com Tob (1).. Stand Gas & El (3%) Stand OIIN J (fl) Stand OII N Y (1. Stand Plate Gla: Stand Plate Glass Sterling Sec A. . Sterling See pf( ) snrlllll Seccv pt(3) ‘Timken Det Ax 1800 ‘Timken Roller (3). Tobacco ‘Tobaceo Products A. Transcontinental Oil. Produets. . Truax Traer (1.60).. TwinCity Rp T (4).. Twin City R T pf(7). Und-Ell-Fisher (5).. Union Carbide (2.60) Union Ol of Cal (32) United Fruit (4)..... Utd Gas & Imp(1.20) United Stores A..... 8% U S & Forelgn Secur. USFreight (3)....., U 8 Hoffman (2)..... U 8 Ind Alcohol (17). S Leather. . pe & Fdry (2). 187 pe 1st pf (1.20) 1 Reaity (6). 5 Rubber. . Rubber 1st pf. Smelt Ref (3%). Steel (7). U 8 Steel pf (1) 5 util PW!‘AL!A (ll)- 35 Vlllto Sales Corp. Ward Baking pt ('I).. Warner Bros Ple (4). War Bros P pf (2.20) West Penn El of (7). w-n Penn Pw pf(6) Westinghse E&M (5) Westhse E&M pf (5). 29% Weston El Ins (1) Wextark Radio (: Wheeling & L E p! White Eagle O} (l) ‘White Motors (2).... White Rock M S (14) White Sewing Mach. Wilcox Rich (A) 2%. Wilcox Rich, B (2).. Willys-Over (1.20).. Willys-Over pf (7). Wilson &Co........ Woolworth (2.40)... Worthington Pump.. Wrigley Wm (4).... Yellow Truck & C. ... Young Spring (3)... 108 Young Sheet& T (5). 5% Zenith Radio. . RIGHTS EXPIRE % Am R Mills. Sales of Stocks on New York Exchange. 367,800 ,160,700 iven in the 0 latest qu-,fllth u 12:00 Noon. l IOPI.. -nlhomnl.n- us COMMODITY PRICES ADVANCE SLIGHTLY Commodity prices advanced 0.1 per {2 [cent during the week ended January 25, leeordlu'ath.‘holflh National Fertilizer index of t advance was due in commodities uu‘ sharply during _recen weeks, notably butter, lard, cottonseed oil, ham, pork, potatoes and cottonseed Three groups showed advances and six registered declines; 29 items de- clined, while only 20 advanced. Of the gmnxmu that decun’:: mmor: gn- L ones were gral and live stock, metals and fuel (due to gasoline). Based on 1926-1928 as 100 and on 474 quotations, the index for the’ uary 25 stood at 94.1, for that ended January 18, 94, and for that ended January 11, 94.6. NEW SECURITIES. Ol Ji 20 (#).—Ne neuflmoflnd‘-'d “_%d D o e ot TR o3 ks er. | Zurich, *{rus Athen; a syndicate headed & Co. and including the lt.lmll City Co., Guaranty Co. of New York, Bankers' Co. of New York, Bank of Montreal, the Canadian Bank of tcom merce, the Blnk of cnn-ds, minion ‘Wood, aamhoom&tm&co Pl Electric Co., lllbllhll'- nl Plr priced at % mdm CE S 14 | Tobacco IWMM " Decem| w‘l-h“l'l?2, l!vrm pmoa ADVANGE N STOCK .+ MARKET RESUMED i Day’s Trading Is Marked by Brisk Gains in Good Buying. BY STANLEY W. PRENOSIL, Associated Press Pinancial Editor. NEW YORK, January 20.—A broad- ening demand for stocks was noted in today’s stock market, with gains in the I L, B points. lew soft s out from time to time, but a marked absence of the “bnl" n. tacks which featured the sessions earlier in the year. Trading was mod- erately heavy in volume, with pools again active in a wide assortment of issues. nfl 5 n-em: iness news was nflut Publicaf ported to be of capacity, wif 5 around 75 per cent. “Advance in Steels. United States Steel common was marked up 4 points to a new high on the current recovery at 181, which is within 2 points of the high reached after the .November break in prices, and 12 points above the price at which stock recently was offered to employes under the partial-payment |.ll'l Va- nadium Steel also ad 4 points, with smaller gains {or most of the on}”x mdewnde:r‘lo ints in Case soar po response to reports of a brisk inning jumped in anticipa- tion of a resumption of dividends at today’s meeting. Resumption of dividends by Colorado Fuel mmr & lapse of nine years m fol- lowed by & modzruu advance in that issue. Liggett lost 4 polnh anati Sugar preferred - ol its Il-polne gain of ym Y. — TOBACCO SALES. IGH, Jam 29 -y RALEL um“"’ [{ pldll) Do\lnfi 1 Cl. !fi nnrulllo! around JAMES F. SHEA 643 Louisiana Ave. N.W. First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Ine. for 3, 5 and 10, year periods on houses, apartments and busi. ness property in Washington, nearby Maryland and Virginia Randall H. Hagner & Company, Inc. 1321 Conn. Ave. N.W. Decatur 3600 M-n e Loan Correspondent ‘-)’ub Life I-nn-’u Ce. Contact with the Center of Financial New York Our direct communication fa- cilities by wire with our main office in the center of financial New York provide a ready means for the rapid transaction of NewYork banking business. TEE EQUITABLE SECURITIES COMPANY IN¢ A Subsidi f The Equitable Trust Company of New York STANLY CARR, Representative * 922 Fifteenth Street, N. W, 'WASHINGTON, D. C. ————