Evening Star Newspaper, February 11, 1930, Page 12

Real Estate Loans (D. C. Property Only) 6% No Commission Charged You can take 12 years to pay off your loan without the expense of renewing. $1000 for $10 per month, including interest and principal. Larger or smaller loans at proportion- ate rates, Perpetual Building Association Establi hed 1881 Largest in Washi Assets over $20,000,000 Cor. 11th and E N.W. e AMES BERRY, President PWARD ALTZ Secretary and * MIAMI ... Horse Racing Dog Racing Ocean Bathing Golf—Tennis Fights Sharkey—Scott Campolo—Risko Loughran—Charles Good on any train Jeaving Feb. 20, 23, 24, 25, Final return limit March 7th. Ilm-l $81.16 with 21-day limit, -, IERBUCHEN, D. 7. A. Air Line Railway HOICE PIANDS FOR_ RENT FREE TUNING UNDER RENTAL CONTW WORCHS 110 G Estig7e Now —is a splendid time to do your inside paint- ing. Don’t experiment —play SAFE! “Acme” Quality Paints and Pratt & Lambert Varnishes and FEnamels, in a wide variety of col- ors, await your se- lection, UTLER-FLYNN P-A-I-N-T-S 607-609 C St. Wholesale and Retail MEtro. 0151 Do This For Painful Joints and Swellings| ‘When stiffness settles in knee, ankle, , elbow or finger and | causes agony or distress—re- | member that Joint-Ease is one good | | remedy that you can depend upon. I Just rub it on—iis penetrating | qualities and mthl action make | |it an ideal preparation for aches, | pains and congestion. Get & generous tube for 60 cents at any drug store in America and | if_you are not completely mum» with the relief your money will be | returned—willingly and cheerfully. Every day people tell Peoples Drug | Stores about the wonderful results they get from Joint-Ease—Adver- | tisement. FEEL WEAK? NERVOUS or TIRED? You need that mysterions substance which medical science has discovered in livers. Liver extracts are producing such marvelous results that doctors are astonished and medical journals report re- markable cures and benefits. emo-Liver a new scientific prepara- tion made from fresh beef Tivers. 1§ von are suffering from lowered vitality, weakness, nervous breakdown or anemia (thin blood), don’t delay. Get 2 bottle of Hemo-liver immedi- ately, and soon you will ex- perience that thrill and joy of life that comes from rich, red blood, buoyancy and real vitality. For sale at 2 PEOPLES DRUG STORES Il current Receipls 42 Cents. IEGG: PRICES GAIN ATD. C. MARKET= Hennery Stock 43 to 45 Cents. this morning falled to materialize, dealers reporting an increase instead. Ourrent receipts were quoted at 42 conts, dealers quoting hennery stock from 43 to 45 cents, mostly 43. “It is & sensitive market,” commented a dealer this morning, “and almost snything is liable to happen over night. Prices may go up or they may drop. “I'm mot holding back any stock. he added, “but getting rid of receipts as fast as they arrive.” There has been a decided increased demand for the product of the hennery the past few days, according to re- ports, and the fect that storage stock | is about gone, it is stated, is one factor | Aguring in the temporary shortage. Pouliry Shipments. Poultry receipts continued fairly ! ped to 25 cents for live stock and 28 cents for the dressed. Spring chick- ens, turkeys and ducks also were in plentiful supply this morning at prices ! quoted yesterday. Pruits and vegehbln were in heavy recelpt, supplies being piled high in front of houses in the commission house district, but movement was not very active, Oranges and grapefrult, product of Florida growers, were reported very plentiful, while California oranges were | not so plentiful and higher prices were demanded. Enforcement of the quarantine ainst shipment of receipts across the tomac River is said to have some effect upon the market. The quaran- tine is against the Mediterranean fiv. and only sterilized fruit is permitted | to be shipped South of the Potomac. nspectors are on duty on the bridges. it is stated. and only fruit which has | been passed by quarantine officers is | permitted to cross. It was reported | this morning that complaint against| persons transporting fruit to Virginia knowing it has not been sterilized as | required, may reach the point where slleged offenders may be prosecuted. ‘Various sizes of Florida oranges this morning were quoted at from IS 25 to $5, the small sizes being in greatest mand. California _oranges were quoted from $5.50 to $6.50, the small sizes being very scarce. Grapefruit, plnnpplu alligator pears, grapes, bananas and lemons were other fruits offered the retail trade this morning. hm:_v hothouse cucumbers and thu- the former from Terre Haute, nd and the latter from Detroit, Mich. :.‘ng Canada, claimed attention of re- ers. ‘Tomatoes continued scarce and hi 2-pan crates selling at $3 and $3.50. rh\lhlrb lold around 90 cents for 5- ‘boxes. Dealers had plentiful mvpllel fl! numerous other commodities in from distant len b-.m. more plentiful, were offered st Pel’, ‘while string hum. not .o plandm ‘were quoted at “ 50. baking potatoes, received in| lb-pmmd nch proved an attraction in the commission house d!ltflct They | ‘were qmud at 50 cents = sack. was plentiful st $2.50 l.nd IZ .75, and dealers had quantities f spinach, kale, eolhrdl and other gmen vegetables trade, ‘Today's Wholesale Prices. anbot- Prices Slightly Higher. —One-pound its, 30 240%; lub, l’l%fl"&' astore packed. 25a30. wg:&—l!ennery, 43a44; current re- | Poultry, alive—Turkeys, young, 32a33; old, 27a28; Spring chickens, large, 28230; medium, 28a30; broilers, 30a33; horns, fowls, 25: roosters, 20: offer the retail hams, smoked shoulders, 22: bacon, 25a26; lsrd, in bulk, 12 b ages, 1335, Live stock—Calves, 16; lambs, 13, Fruit and Vegetable Review. ‘The dally market report on fruits and vegetables, compiled by the Market News Bervlee Bureau of Agricultural Economics, sa; Applu—suppl(u moderaie; demand moderate, market steady. Barrels: ginia, U. 8. cious, 6.50a7. Anticipated decrease in egg prices|) tof THE EVENING pepper crates, hnq. umsm choice, some very small ll.-u d m d lllht. mnn‘ m ‘Mexico, u-‘;:;:d lies modes demand light, mmc"fm; = ‘Western crates, bunched, some fair uunliw. 2.5023.00, Beets—Supplies very light; demand light, market dull; Texas, Western let- tuce crates, bllnched, mostly 3.50. Strawbe: lies light; demand light, market nbmlt -t.ndy le'ldn 32- quart crates and sony rem;enkm. va- rious varieties, 40a45; some green, 35 per. ql)m Oranges—sSupplies moderate; demand n light, market steady; Florida, boxes, No. . medium size, 4.7585.00; few, fine qul"!y. 5.25; llr‘e size, discounted 50a. 00 per box; No. 2, medium size, 4.008 4.25; some very large size, 2.501 Grapefruit—Supplies modera | mand light, market slightly 'elke | Florida, boxes, No. 2, medium size, 3.50a4.00; large size, 3.0023.50. Yol ~ INCOME TAX ‘Two of the terms used in the income tax Jaw, namely, “gross income” and “net income,” should be noted partic- ularly, inasmuch as they are vitally heavy, the price of fowls having drop-; important to the whole subject of the income tax. All income derived from any sources whatever, unless exempt from tax by law, should be included in gross income. The gross income of the usual mer- sists of the total sales, less the cost of goods sold, plus any income from in- vestments and incidental or outside op- erations or sources. Subtractions should not be made for selling expenses, de- preciation, losses or other items not | ordinarily’ used in computing the cost goods sold. For example, if the gross sales were $50,000, the cost of goods sold $35,000 and the business expenses, etc., $12,000, the statutory gross income is $15,000 and the net income is $3,000. In this case, if the taxpayer was married and | |1vlng with his wife, he would be re- quired to file & return, although his net income is only $3,000. The return must show the gross sales. purchases and cost. of goods sold. To reflect. income correctly, inventories are necessary at the beginning and end of each taxable ear. i A lawyer, doctor, architect, suthor, | clergyman or other professional man must_include in gross income all fees, salaries and compensation for profes- sional services. items shall be excluded from gross in- come and shall not be subject to the income tax. Among such items are pro- ceeds from life insurance policles, gitts, bequests and devises, interest from mu- niclpll ‘bonds, etc., d-mw recovered from personal injuries or sickness, World War compensation payments, pensions for the services of the bene- ficlary or another, interest or dividends of not over $300 from a building and loan association, and rental value of a to an employ uwslly or constructively recelved by him or an insurance policy covering the | death of a business pmnu- Stockholders of the Gotham Silk | Hoslery Co. st the annual meeting will vote on the proposed retirement of | 5731 shares of preferred K, 'hlch have been purchased by the company out of surplus. ored markers—makes ly through long hours. ington, extra fancy, medium to large sizes, Delicious, 4.00a4.25; extra fancy, medium to large sizes, Staymans, 3.00a 3.25; some large sizes, 2.75; extra fancy. large size, Golden Deliciou: luthf.ly b 4.00. Bushel baskets: Virginia, |7 8. No. 1, 2% inches up, Yorks, 1.50a U. S. No. 1, 2% inches up, Stay- .60a1.1 unclassified, 2% inches up, Dellclnu , 1.5082.00, Cabbage—Supplies light; moderate, market firm. New stock: { Florida, 1%-bushel hampers, pointed type, mostly 2.75; Texas, barrel crates, round type, 4.9025.00, mostly 5.00. Celery—Supplies moderate; demand light, market steady. Florida, 10-inch crates, % dozen, 3.00a3.25, few 3.50; 6 doze: 2 7583.00; 8 dozen, mostly 2.50; 10 _dozen, 2.00a2.25. Lettue llH moderate; demand light, market dul] California, Imperial Valley, crates, Iceberg type, 4-5-donen, .50 quality d .7524.25; Arizona, cral rg_type, fair to ordinary quality lnd wndmnn 5 dozen, 2.75a3.50; 6 dozen, 1.75a2.50; few low as 1.50. Onions—Supplies moderate; demand light, market steady; New York and hio, 100-pound sacks, yellows, U. 8. Potatoes—supplies moderate; demand light, market steady; Maine, 150-pound sacks, Green Mountains, U. S. No. 1, 4.754.85; Ntw York, 150-pound uuh. round whites, U, 8. No. 1, 4.50a4.6 Bweet w"hfl—fiuppllel ]i‘ht‘ & mand slow, market dull; North Carolins | bushel baskets, Porto Ricans No, 1, 1,00 21.25; cloth top barrels, yellows, No. 1, x hore, Maryland, demand nampers, green fiat and round type, 4.00a4.50; ¥-bushel hampers, green, 3.0023.50. “‘mh hn;tsn&eldlu light; demand t, market steady: . pepper crates, Tancy, 3.5084.00; Florida., choice, 3.00a Cucumbers—Supplies light; demand light, market steady; Indis 2-dozen cartons, hothouse, fancy, i extra Squash-— Supplies light; demand light, market about steady; Florida, pepper crates, white, wrapped, 4.50a 5.00; large li! low as 3.50. Ipp! demand rwrm packed, lgn ped, fancy eount, 3.5023.7 eho& count 2.5023.00. uppu- liberal; demand lhht. l;l.l.rkel about M otdtn:ry quality lna eonzr&m bushel et steady; pony crates, 1.75; fair quality and con. dmon 1.50. Peppers—Supnlies light: demand light, market slightly weaker; Florida, get prompt attention. = | L 728 14th Street N.W. National 3068 @he Forning Star ADVERTISEMENTS ch Bhave ot Reiskin’s Pharmacy—.—Fla. Ave. & 1st St. Is a Star Branch Office Insert a Classified Advertise- ment in The Star one day, and the next you will probably be making your selection from among the responses. The Clas- sified Section is read regu- larly by those seeking posi- tions and wanting help. The copy for The Star Clas- sified Section may be left at any There’s one in practically every x‘n:,i'h in and THE ABOVE SIGN s DISPLAYED BY AUTHORIZED STAR BRANCH OFFICES ular chandizing or mercantile business con- | ‘The revenue act provides that certain | gospel minister’s dwelling. Other items | to be excluded from gross income are | service without fee; only reg- _overwhelmingly greater “ume of Classified Advertising every day Washington paper that there can be no question as to which will give you the best results, “Around the Corner” is STAR. WASHINGTON, BY CLINTON COFFIN, Assoclated Press Financial Writer. ‘Two or three procedural steps which have been taken by or in behalf of the Interstate Commerce Commission in re- cent days relating to railroad consoli- dation 'have exposed some tentative outlines of Federal policy toward that whole problem. They have, as well, given considerable cause of surprise to railroad observers. The justified conclusions from the commission’s actions mentioned are, first, that nearly all actual proposals ]ocklng to consolidation now pending, which have originated in railroat flnlnc- ing and operating quarters can be considered as rejected, and, second, that any new proposals looking to con- solidation of existing systems must harmonize with the ml.lonnl consolida- tion plan the commission recently promulgated, or must be submitted as petitions g lmendmenf.l h) the | commission plan which can be rt- | ed by a showing of public benent lable to_be derived from consummation. ‘The demand for the dismissal of all pending applications by railroads for unm was presented a week or 8o ago by Mahaffie, finance director of the comml.lalon. in letters to the Chesa- peake & Ohlo, Wabash, Delaware & Hudson and Baltimore & Ohio systems. These four railroads have actually | drafted plans for putting together Eastern mileage, each of which vary materially from the commission’s na- tional scheme. The second step, by which all transportation interests are notified to adjust their proposals to the | terms of the commission plan or to de- mand its alteration, was formulated in an_announcement ve.lul'fll In addition, it is being generally rumored now that the commission is ready to hand down a decision on the only _consolidation proposal actually completed to me point of awaiting its decision. In that application the North. ern Pacific nnd Great Northern sy: | tems ask permission to merge and to | take into their new organization the Burlington system, which would mean the creatlon of a transport unit with 25,000 ‘miles of main line. It is rather generally assumed that the permission | sought by the Northern companies will be withheld. Aside from that, the commission or- ders as given pretty clearly establish the fact that the Federal authority most concerned with rail regulation intends to require the recommencement of all railroad merger enterprises on the new basis laid down by its plan. Hard |ly anybody thinks that the establish- ment of such requirements will hasten progress toward the creation of mergers. Controversy about unemployment, | such as has been precipitated in recent congressional debates, is considerably handicaj by ihe obvious lack of depend-g facts, Secretary of Com- merce Lamont considers. “That’s one of the things which al- ways has to be remembered,” he com- mented, “that there isn't any way of telling in the United States how many people are jobless or of comparing their total at present with the total at any other time. That is the situation which we have now high hopes of remedying | through the 1930 census. “If the census plan works effectively, we shall have a sort of base line as to iunployment in the United States lald down in April of this year. Once that national proportion of persons employed to persons unemployed 1! established, it | may be possible to reduce argument in the future about the actual facts. Using the 1930 base, it should be possible to make a serles of local sample surveys )lnd. estimate reliably what conditions are. Until we have those returns there | will always be some doubt. | “we've been keerllnt ! cial check on Detro sort of spe- because of fts im- Are You Getting the MOST? Fuels that send much of their energy up the chimney in the form of smoke cannot give you the comfort you should have. OR ANTHRACITE—trade-marked with col- SUPERI- no wasteful smoke or soot. You can get the MOST heating satisfac- tion out of your furnace. Remember, Superior Anthracite is more economical because it burns steadily and even- PHONE US TODAY—your order will EIVED HERE of the Branch Offices. around hington — rendering £ rates are charged. The Star prints such an vol- than any other authority to proceed with consolida- | P g Star Branch Office TUESDAY, il eulmowreenm,mdrn been studying som: X Ilhmflnfim Since President Hoover was given the estimate late last manth that public | utility and public works expenditure in the United States for 1930 would amount to $7,000.000,000 there have been several marked changes in detafled figures. All of these changes. as they have been checked by Dr. J. M. Gries, who conducts the Government inquiry on the {nxm have been in the direction of increasing _expenditure rather than diminishing. It is possible that a revised estimate may have to be prepared shortly substantially increas- ing the total figures. ‘Massachusets anticipated the ex- penditure on public works within its borders for the year at $105.000,000,” Dr. Gries sald of the compilation, “but Gov. Allen has now notified us that later plan changes have made the total $110,000,000. Ohio public works ex- penditure was estimated to total $233,- 000,000 for the year, and that figure has been raised to $236,000,000 in the last few days by official decision to en- large or extend operations as originally nned. In addition, we were obliged to estimate outlay for & number of States on the basis of incomplete figures. As {:‘!te and revised figures are now g to supplement those gaps, we find that our estimates were under, rather than over, the expondnuret which are to be made." ‘Treasury Depntment Aannouncement today of a new issue of short-term securities, to the total of $50,000,000 or thereabouts, which is offered to in- vestors on a discount basis, represents a fairly expeditious move by the Gov- ernment toward taking advantage of the present Jow money rates now gov- erning in money centers. In the issue. for a second time, the Government will | experiment with the new form of | paper. Congress authorized it last year to issue in short-term borrowings the Treasury bills, It is the novel char- acteristic of these securities that the intending lender fixes the interest rate by bidding less than par for a three- months note, which the Treasury pays at par on maturity date. In the first experience with this type of bill, which took place last December, | the Treasury got & 90-day loan at 33-6 | per cent, interest, which Ogden Mills, Undersecretary, estimated to be the' cheapest. money borrowed for Govern- ment. purposes in several years. It is just possible that the bidding for the new bills will set an even lower rate:! The short-term borrowing undertaken | this week results from the restriction {of the amount of the quarterly refi-| nn'ncln: of the Government in Decem- bel Secretary Mellon’s saides anticipated that money rates might drop early this year, as they have done, but in addi- tion, the opiion given the Government | by Congress to issue the new type of | security enables the public borrowings | to be adjusted more closely to expen- ditures and income periods. The lnnu-' term financing outlook of the Go ment for dealing with the no. ‘\ dem. presents the prospect that it will be borrowing oftener the next few years than it has in the past, but for shorter terms and at lower rates of interest. birivatxy 11, avou. = COTTON NOW UTILIZED ‘f' ~ IN ROAD BUILDING | | Many' Other New Uses for Staple Are Revealed by Textile Official. By the Associated Pr ATLANTA, Ga., February 11.—Cotton has found & new use as & fabric mem- brane in construction of dirt highways. Experiments are aiready under way in South Carolina and Texas, George A. Sloan, president of the Cotton 'rexme Institute, the national govern- ing body of the cotton textile industry, told & group of Southern mill exeeu- tives in conference here, and thers is for success. flization of cotton fabrics in many new fiflds has been undertaken by the textile institute through a research as- sociate maintained by the Federal Bureau of Standards. Close weave and open mesh bags have been, developed by the institute for use of retailing of fruits, vegetables, nuts and other grocery items from 5 to 25 pounds. Impregnated cotton cloth is now in use ' as . airway, traffic and highway markers. Notable installations have been made in the Holland vehicular tunnel connecting New York and New Jersey, and the Camden Bridge, con- necting Philadelphia and Camden, N. J., 10,000 linear feet of highway kers have recently been purchased by Washington D. Heavy cotton bl trash and mbbuh collectors. clair, N. J, housekeepers and shop keepers are "the first to utilize Ihue 8 of the mot recent developments in the textile industry is fabrics for use as wall coverings, one of coarse weave to serve as a base for paint and wall paper and another of embossed | is finish serving in le of wall paper. Indusirial specialties necessitating the use of cotton fabric are ever insreasing, the mill executives were told, ranging from loom pickers to automobile geAars | and.- airplane propeliers produced with | synthetic resin, “Another uncommon nse for cotton is | in_sub-aqueous structures where the WASHINGTON'S BIRTHDAY Week- End Exeurlion NIAGARA FALLS ALL l"‘“h lfil]l’.lfl Pennsylvania Railroad re being used as | W. Mont- | tregted fabric A mem- brane. ‘The hn mirror pool, facing Lincoln Memorial at Washington Las a cotton fabric membrane. [ — . NEW SECURITIES. | NEW YORK, February 11 (#).—New | security offerings today wciude: Republic of Cuba, $40,000,000 public works 51, per cent sinking fund gold bonds, dated January 1, 1930, due June | 30,-1945, priced at 98 and interest, to vteld about 5.70 per cent. the Chase Securit! t.merlu-m.nir Middle West. Utilities System, $3,! 515,- 000 first mortgage 20-year 5 per cent gold bonds, series A, consisting of $1.- | 615,000 Mlchllln Public Service Co. bonds, dated April 1, 1927, and due April 1, 1947, priced at 895 and accured interest, to_ yield about 6 per cent; $1,000,000 Kansas Power Co. honds, dated March 1, 1927, due March 1, 1947, priced at 92% and accrued in- terest, to yield about 5.70 per cent, and $900,000 Missourl Public Service Co. bonds, dated February 1, 1927, and due l'ebru-ry 1, 1947, and priced /2 per cent. Offered by E. H. Rollins & Sons and others. Utah Power & Light -Co., $4,000,000 | first mortgage 5 per cent gold bonds, | dated February 2, 1914, and due Feb- ' Tuary 11, 1044, prlced at 99 and interest, ylelding about 5.20 per cent. oflered‘ %y Harris, Forbes & Co. and Coffin & i urr. South Pittsburgh Water Co., $1,850,- | 000 fifst llen and refunding mortgage 5 | per cent tolfl bond.l series B, dated | January 1925, d due January 1.| 1940, prit at 93 and interest, to yield | mare than 5.47 De!' cent. _Offered by % I.An[ley & Co. and Halsey, Stu- | art PARAMOUNT DIVIDEND. | NEW YORK, February 11 (Speeial) —| | At the Bl of the Meoom Tailoring . . . ~~has won for Merts an enviable reputatien in ‘Washington, Jet your next suit or o'coat he & Established 1808 Merts “made to order.” SAVE s to Y3 On Entire Stock of Winter-weight Woolens! Suit or O’Coat Tailored to Order $272.50 Mertz & Mertz Co. FINE TAILORING 405 11th St. N.W. W. J. Froehlich, Successor ‘ STEEL OPERATIONS, ' NEW YORK, February 11 ().—James A Gampbell, chatrman of the Youngs- town Sheet & Tube Co., says. that the immediate outlook in the steel industry | the present rate of tions e R ably improved during the remainder of the current quarterly fod We Solicit the Rental Management of Your Property | Whether Apartment, Residence or Business | Prompt Collections RENTS REMITTED THE DAY RECEIVED Our Rental Department is Most Complete and Efficient. We offer co-operation at all times in the solution of Ownership Problems, such as refinancing your mortgage, repairs, insurance, etc. RANDALL H. HAGNER & COMPANY, Mortgage Loan Correspondent New York Life Insurance Company 1321 Connecticut Ave. N.W. Phone Decatur 3600 Associated Gas and Electric System Fowpded Q in 1852 Exchange Offer to Holders of Securities In aceordance with-the policy of the Associated System for centralized finance, holders of the seenvi- flq Yisted below have the opportunity ef turning them im toward the purchase of $8 Interest Bearing ANetment Certificates. The effort of the Asrocinted management is to establish a limited number of outstanding security issues that will be of mejor importance. To the investor, such an issue provides greater security, wi marketability and larger opportunity for embancement of the principal invested. Tern-im Priee for ANotment Cartifies te (wer Share) Owtotanding with Public (Shares) wekpert 14, Ht. & Pr. Ce. 6%, PN— Yeskpert Li., Bt & Pr. Co. 1% PN. Metropolitan Waatia B1. Co. (now Aseo. UHL's Tav.) Cowm. Rdison Company Com.___ Meorslitan Ydleen Compeny §1 Pfi__ Motropolitan Edison Company 36 Pfd. The Mobawk Valley Company Com._. Bodtord Gas snd Edison Light Co. Com. New York Central Blec. Corp. 7 Nerthern Pemnaylvania Power Northern Pennsylvania Power Rochester Cent. Power Corp. i"_h-r-nrndmco.um l'A l’l Prd. Sea b6 P o mragr.-«c«. Rochester Gas and Elee, Rochester Gas and Elee. % Pld. q.n 15 Pra._ West Boston Ges Co. Comn._._. Total BONDS Name of Bend American Utilities Co. bu.)due’ 194! A. G. & B. Ce. UtilRties Co. oS due, % Com: iF-i-‘- T, W, A Pr c.. Relivar, Broed ) 0% Registorsd ¥ 108 Corpora Debemtures of Amsciated Gas and Blectrie Compony at thelr wrim wider BONDS—(Continued) Name of Bond Tock Maves Gas & Coke Co. bu, due 1944 Long Taland , due 1965 _ ll--n-lonmc«.-yh. doe 194 :-2: Fleetric R.R & L. ors. bo, due 1053 a Total TRAILWAY BONDS n-od Bond Alheny Ry Osma. Geld 4. 1900 Albany Ry. Genl. Birdshoro Stveet New York State Railways lot 4%he, New York State l-l I g T AL b- Gald ‘fil i -u.__ Reading eading Trameit 1st Gobd 6o, Ser. “A™, Wi #em l-‘lll l‘l“-l\ SE822:E wee Total tAs per books of respective companiss wivin: amounts owned or acauired. l.lhnuh-bumhnflb-fi 28 an altersative, are given the epportunity of turning in heir stocks and bomds ot the values wiben shove, plus mcerued interest, in exchange for either {8) 3¢ Cumaiative Convertible Proferrad Stock, Sacies B. of Gonoral Gon & Bhastric Couvertible l-.u::‘—i--l—-l.lfih.- Auoclated Gas and Electric Securities Comp.ny INCORPORATED 61 Broadway, New Yorfi', N.-Y.