Evening Star Newspaper, February 11, 1930, Page 13

THE EVENING STAR, WASHINGTOA\’.' D. C., TUESDAY, BROKERS APPROVE || NEW YORK STOCK EXCHANGE Noti All ks sold § hundred-share Jots | —Prev. 1930.— Stock ana ; NEW ASSUBIA"UN caepting thems SeMENien by the I R T !'"M}:l" Dividend Ra FINANCIAL, Mohawk Rubber earned 56 cents on| Richfield Ofl common stockholders common stock; 18 Jear 1938, 4414 0 | O e S . Teke. 1928, -~ Joseph T. Ryerson & Son 1929 sales New Jersey Zinc earned $4.70 on com- | up 11,1 per cent from 1928, NEW YORK, February 11.—The fol- | mon stock in year 1929, against $3.79 in | Siemens & lowing is today’s summary of important | 1928. col news prepared by Standard| Paramount-Famous-Lasky increases c;;u!..nc., New York, for the | annual dividend rate to $4, formerly $3. § to Corporation News which shows those stocks to be sold in odd lots enly. 50% Contl Can (23 34ie Contl Dia Fibre (3). Sales of Each Siock Compiled to 13:30 P.M. ‘ . 1930.~ Stock and Sales— prev.| T1% Contl Insur (2.40) Dividend Rate. Add 00. High. Low. Close. Close. | &% 14 D. C. Firms Represented| T E o, v o G| 2 2 2 73 ). 7 % at Meeting—Committee IS | 1o 106" Abrabam & Bepr (1), 200 116 10 1084 52 23% Adams Expr (1.60).. 50 31% 314% - 24% 23 Adams Millis (2). 2 25% 24% 4 Named on By-Laws. 231 114 Advance Rumley.... 13 17% 17 —_— 41% 22 Advance Rumley pf. 2 33% 33 : % % Ahumada Lead. T S0 T ! BY EDWARD C. STONE. 131% 118 Alr Reduction (3)... 15 126% 124% Studebaker Corporation prices on all cars $10 to $100. News Trend. 3,000,000 and Thommx Products January ship- 3 change name to Paramount Publix Cor- | ments about $1,000,000, an increase of 'ml Market Resumes Recovery at |, reliminary, E’,fi:‘;‘;fl £ yomestic | poration. 80 per cent aver December, 1929, 8, Midday Under Leadership | berreis. an increase- of 33.144" burro vious week. Corn Prod pf (1). of crude oil in 10 pro- n ) 10 ps Coty, Inc (k2)....... 16 K Average price Cream of Wht(11i4) . of Utilities. ducing States fell to $1.542 a barrel Crown Cork & Seal. . Iast week, as against $1.575 a barrel in Crex Carpet. . the previous week, and $1.683 in like Complete Investment Crosley Radio (1) r:rhd of 1929, Price of gasoline at . BY STANLEY W. PRENOSIL. . Z incipal refinin o Marked interest was shown in the| 3 21 Air Way E1LAp(2%). 10 20% 28% Crown Zellerbach(1) ur cg- g centers re and Associated Press Finaneial Bditor. " Crueible Steel (k6). . ¢ maine anged, 7.1 cents a gallon, meeting late yesterday to consider e | 1% Ajax Rubber Crucible Steel pf (1. 50, NEW YORK, February 11.—The stock ration news of the day included Bro kel‘a e Sel.'ViCe Tormation of an association to include | : g Copy of Our "Fortmightly Review” % Corpo? Bt s i Cuba Cane Sugar..., market shook off an early period of ir-|favorable dividend declarations by Para- Furnished on Request eeocited @b the 18 Amerada Corp (2)... d list by early afts . but trad- Delaware & Hud (3). 3 oy Y NN S . Ludwig_Baumann & Oo. January Dupond de Nem (4). 126% and New England by the Standard Ol | " Gentral Railroad of New Jetsey on Kl Pwr & Lt (1). pared with nearly 77 per cent a week | $3.16 in 4 Cuban-Amer Si Cuban-Am Sug pf. Cudahy Packing (4). 5 Curtiss Wright Corp. 232 Curt Wright Corp A. 60 Davison Chem. . 64 1 S 2 k9 o8 gathering at _the TTxAmmzrh:u Chem % & Co bt (1)1 1008 Am Bank Note (13). 1 83 83 Metropolitan_Club, 40% Am Bosch Magneto.. 28 51 493 Which was presided 50'a 46% Am BrakeShoe(2.40) 1 50 50 ‘3’:;3{‘ e 12615 118% Am BrS&F pf (1).. 50n 1261 1263 | ' Eleo. &r‘, B. Keech & 143 f% Am Brown Bov Eles. 26 15 14% 6812 601 Am Brown BEDf(7)190s 71 66% A 138% 117% Am Can (4). . 210 141% 136% A committee was £ 144 1401 Am Canpf (1) DT 1% 14y named to draw up 78% AmCar&Fdy (6)... 1 80 80 the by-laws or 75 Am Chain pf (7) 86 some kind of rules 36% Am Chicle Co (12%). and regulations un- 3 26% Am Com Alco(n1.60) der which the New Gaorge . White. 9 35 Am European Sec. organization will 8% Am & For Power. operate. This special committee is made 95'% Am&Forn Pwr 2d pf. up of Chester Lockwood of Harriman | 19% Am Hawatlan 8 8 (2) & Co.. A. Chester Flather of G. M. P. 4 Am Hide & Leather.. Murphy & Co. and Arthur Foraker, 35% Am lceCo (t4)..... head of the local office of Eastman, 5% Am International (2) Dillon & Co. The committee will meet Am La F & Foamite.. during the present week and make its 94% Am Locomotive (8). report At a meeting to be held next| 114% 111% Am Locopf (7).... Monda 248 210 Am Mach & Fdy (7). The sponsors of the move were much | 51 44 Am Metal 3)... pleased with the large attendance. 1t| 70 65 Am NatGaspf (1) Connecticut at K WASHINGTON Telephone National 9600 Philadelphia e e 5% Alleg Corp pt (53%) under the leadership of the public util-| gnd Harbison Walker Refractories. an: ehange member- 55 Allied Ch & Dye(ns) 1 2761 276% ities and a select group of steel, amuse- [ nouncement of an extra dividend of 25 whip. There are 16 R ment. rubber and business sppliance| Cnts. Oulstanding esrnings report much frmsm e | Craimers 311 18 g0 iaw shares and specialties. Gains of 1 to 6| pe (ot ” ; points were distributed over a fairly G. M'P. M C e Olicyenton » M."P. MURPHY & CO. ing was only moderately heavy in vol- | sales up 12.7 per cent; seven months' ; PaveRowa . 3 2 | ume. salen 0 Jumuary 31 up 134 e cont Members Nuw York Stock Exchange Detroit Edison (8).. 4 Business news was mixed. Reports of | BOrg Wamer Corporation forms sub- A Diamond Match (8). 508 & sharp increase in crude oil production | MY to handle replacement parts 1510 H Street i Dome Mines (1)..... last week were accompanied by a reduc- ? Dominion Stra (1.20) tlon of 1 cent a gallon in-the tank o e 0 Drug Corpn (4). .« wagon price of gasoline in New York % £OT MR, ot * AR Dupont d N deb (6).. 115% Co. of New York. TIron Age reported comi tock Estn Roll M111(ht2).. that “steel demand, after rebounding ;::?exdnt‘."'xln:: lzlmmfr:. 1; 8. o Kastman Kodak (13) sharply in January, is not only holding | ™" Chickasha Cotton Ofl earned $1.76 Katon Axle &S (3).. its own but in the aggregate has shown | on common stock in six months to KEitington-Schild # further slight gain.” The average | December 31, 1929. Kiec Auto Lite (8) operations for the country at large| Cincinnati’ Ball Crank earned $4.17 Electric Boat. are now at 79 per cent of capacity, com. preterred shares In 1920, against New York Richmond London Bl Pwr & LUpf (1).. Elec Storage Bat (5) Eng Pub Serv (31).. Eng Pub Sve pf (5).. Kng Pub Sve pt (5%) 3 Consolidated Mining & Smelting Co. all money renewed at 4 per cent| of Canada estimated 1929 earnings and was in liberal supply at that figure, | $17.40 on common stock, against $18.02 with indications that the rate would be | in 1928, ot maintained. First National Stores earned $4.28 on i :12‘-11;:2! Bldg (2%) : 4 Fox Film bml: 4 mmu at the open-| common in nine months to December " srie R R. . | ing on reports of tch in - | 31, 3 .82 is expected that the two firms not rep- | 1 5 ATPIRD, . ..cvss.ss B ARG g " R 3 % | titlons Tor.8 recapltaimiion sl e R e e resented will have representatives at the | 94% 77 Am Power & Lt (11) 85 9714 94 Auto L(32%). 3 2 avert receivership proceedings, sched-| Gflette Safety Razor earned $6.16 next gathering. As noted yesterday, pro- | 101% 100 Am Pow & Ltpf (6). L 100% 100% 100% Exchange Buf (1%4). 20; uled for & hearing late this afternoon, |on common stock in 1929, vs. $7.37 in tection against undesirable customers,| 80's 75 AmP&LpfA(3%) 1 79 79 2 Fairbanks Co. .8 4% | but had made up its loss by early after- | 1928. g :S:-E,mu;u;m mnunbe:lz:;x:ln_‘ mr{xhlss’o“ r?' ;:“ :: ;fl:s‘;:x ::: ;h- 7: g;“f 8 16 Fnrn-n:- ;J‘o pL. . ;’1;55 noon. Union Pacific broke 91, points| Gulf States Steel reported contrnl of < 0 g Fairb 3) 2 - be bought in odd lots on margin and 2012 Am Republiea. - 2 23% 2 %| o8 Lt & dre (31 2 09 1y & A ey tidsene [ L eapan TSquiTed by, Rl in f 17 F. B. KEECH & COMPANY Members of New York Stock Exchange Washington Steck Exchange Chicago Stock Exchange New, York Curb Market Chicago Board of Trade Liverpool Cotton Exchange, Litd., (Assoc. Members) New York Cotton Exchange Mew Orieans Cotton Kxchangs Bremen Cotton Exchange (Assoo. Members) ~ Winnipeg Grain Exchange N.Y. Coffes & Bugsr Kxchange, Inc. Rubber Rxchange of N, Y., Inc. d Lt & Tre (31%). - | t of 1 other similar questions will come in the 89% 873 d Water Ser A 140 b el [ ROl | Progince of the new organisstion. There A 204, - 20% 2 29 Federated Dept Stra. : 2% 344 | " Goodyear Rubber, in which the Eaton | _Gleaner Compined Harvester presi- are A thousand and one things that can % 697 Am Sm & Ref ( 6% TH% 5% | 65% Fid Pho Fire 1(2.60). D B0% | interests of Cleveland recently acquired | dent states ea gs in 1929 were equal | advantageously be taken up by an or- 1331y Am Sm & Ref pt ( 1 133% 133% FiTihAve Bus (66e) . 74 o lage’ tuterest, 1hn Up 6 Pl v o |10 $2VT & SR 0N ot Sk { garilzation of this kind, said one en- e SDBETCe U], (LN Firestone T&R(1.60) 3 295 25% | new 1930 high at 80; Goodrich ade ear Tire & Rubber earned thusiast today. 50% 44ls Am Steel Fdy (3). 11 51% 50 Firestone T&R pf(6) 6w |vanced 3 poinis and United States|$10.28 on common stock in year 1929 Bask President Has Birthd: 114 110} Am Steel Fdy pf (7). 208 114 114 First Nat Strs (2%). Rubber 2 Vs. $7.45 in 1928, d o > L g ey sk R 3 Rl 6 &), 9 United States Steel commen crossed | Hoover Steel Bail catimated earnings | George W. te, who recently rom~! 0's Am Sugar Rfg (5)... 64'% 64 20 'y 184 for a gain of nearly 3 points, but | year 1929 $2.64 on common stock, vs. leted 21 vears as president of the Na- 104 Am Sugar Rfg pf(7). 1 106% 106% ¢ Fisk Rub 1st pf ev 3 apain gt BeRYY Heot e e It T T ional Metropolitan Bank, received 19% Am Auwmatrs (3): 264 25 Foster Wheeler (3).. * ! level and had difficulty in x:xl!.finlllnlnx Harbison Walker Refractories declar- many hearty congratulations today 7% 26 Am Tel&Ca (5), Foundation Co 1 ) | its gain. Gulf States extended its gain | ¢d extra dividend of 25 cents and regu- from close friends on the occasion of | 232% 216 Am Tel & Tel (3) 44 230% 228% Fox Film A (34, 5 3 bl e gy s Jar quasterly DAyt of 86 cen Bis birthday. e observed the anni-| 230% 197 Am Tobacco (B) (3). 15 22714 2243 Freeport, Texas (1 igher | VRRAm IS N | e o pid qu;fltxfiv' ;‘:‘:ver' B L o = ’{‘omlcl'-:‘:rp 4 lf.l)ii 308 133;"2 1o « Gabriel Snub A Extreme gains of 3 to 6 polnts were | _ International Nickel Januarv sales up "Nir. White was DInced at the head of | 103t 88t Am Werer Wia (1), 48 2o¢ i N D) registered by Standard Gas & Electric, | 20 per cent from a year agc. s bt i S S IR S T Gardner Motor. ... .. American Water Works, American Pow. | _Interstats Depattment Stores January e R B TR Gen Am Tnk Car(§4) er & Light, Colorado Fuel, Westing- | SAles $1,338 113, up slightly over a year had been with the same bank, passing 39 38% 36 s ool house Electric, American Woolen pre- DIRECT PRIVATE WIRES through every important position. In 1904 he became one of the organizers of the Commercial National, also being cashier and vice president during the e 29% Am Writ Paper pf 814 Am Zinc LA & S; 69% Anaconda Copr (7 2 6% 6% 1 42 42 2 15% 16% 32 w77 Gen Bronze (2) ferred, International Business Machines, Underwood Elliott Fisher and Auburn Auto. Vulean Detinning Issues slso showed outstanding strength. ago. A Jewel Tea earned $6.04 on common stock in year 1929, against $5.47 in 1928. Miller Rubber reports deficit of $1.- 864,610 for year 1929, against deficit of H CORNER 17TH ST., N. W., WASHINGTON NEW YORK Gen Cigar (4). term of service which continued until 3 40 Anaconda W&C (3) Gen Electrie (1.1 his election to his present post. 35 Anchor Cap (2.40), In addition to his duties at the bank, | Mr. White is president of the Potomac Insurance Co., tremsurer of the Amer- jcan Peace Society and of the Amer- | ican Automobile Asoclation, tbreisum urer of the New York Avenue Pres n Church, member of Emergency Hospital | 24% ArtMetal Works (3) 5 284 27y Board, Chevy Chase, Columbia Country 36 Asso Applind (4)... 2 421 42 and City Clubs, as well as of the Uni-| 347 ® o tzi)m.» o gt Tubs. 37% 3314 Asso Oil(2).. s 331 2 "r}::lyismo: }a::; m:'&mntcmmmu of | 240% 219% Atch T &3 Fe (10) ¥ 239% 23714 g" K“"!}:" Hydhald the Lanston Monotype Co. and of the 103% 102% Atch T&SF pf (5)... 2 103% 103 4 b HY‘ ‘“: .“)... e Srown Park Savings Bank. The bank he heads AtlCoast Line (110). 1 168 168 g"' T; "°E? %) b LT LT R is 116 years old, its only rivals in the 2 3 4% T3% antet ,‘:“g“:'::;' Ol crown, . CTom® eity in ‘point of age being the National | 623 AUG&W L pf (4 2z 62 62 SRR ) Sooknam srews Bank of Washington and the Farmers | 36% Atl Refining (12) 64 41% 40% Gimbel Bros pt (7) —— e & Mechanics’ branch of Riggs. 7 “;}- :L‘::r’;‘:t;n : i azu' n;l Glidden Co (h2). SHORT-TERM SECURITIES. Three New Telephone Directors. . v . i S W """""n‘le o 100, 1 50% 50% 3 43% 434 $3.434.901 for 1928. 31% Andes Copper (3) 1 36 354 FOREIGN EXCHANGE. enicaco g: Armour }l: A).. 88 5'n 6 - a (Quotations lurnlg\m‘bylw.lx.!l-'l{‘bba A"E&‘\ Armour 111 (B) 12 8% 3 ‘ Ef fominal go) ing o 60 Armour 111 pf (1) ;; 61 60% Gen G &ELDL A (7)., vllul;,nr&:!n. 5o 008 PHILADELPMY 6% Arnold®Constable. 7% Gen G &KIpLA (8). 171 Artloom (2). 1 20 First Mortgage al Mills (3)... Gen Motors (13.30).. Gen Motors pf (7)... Gen Outd Ad vte (2). FIR.STF MORGG Loans - YOU HAVE CONVINC- ING ARGUMENT for the adoption of first mort~ Glover fg’ Flather gages as an investment of funds, earning their utmost, Goodyear 13t pf (7). 1508 H St. N.W. coupled with absolute secur- Gotham of ex (13 1208 70 70" - o gt Eare "y 3 % o = ity. The courts approve them * Granam-Faie. . 10 10% g} g ational 1753 for trust funds; the big insur- Granby Copper (8) 4 i Grand Silver Stra (1) 2 ance and trust companies em- ecus ntea i ploy them for their surplus millions, . Applications Invited 7 Gildden pr pf (7) 6% 3% Austin Nichols. At the annual meeting of the Ches- | 60" 56 Austrian Cred (4.49) SRUDAL (AdoLE)o Allis-Chalmers Co. 8s 1937, apeake & Potomac Telephone Co. Vester- | x 415 Autosale gt e L Aliminum Oo. of An day three new directors were added to [ 45 Auto-StSaf RA (3). the board. They l\‘: Rcl:rtu V. Fllesn:lnku. 6% 4% Aviation Corp Del... president of the Riggs Natlonal Bank: | 35, 30, Baiawin,Loco (1.76). 20 34% 33% Gilbert H. Grosvenor, nru\dem'do}; ";fl 116 “ 11T Baldwin Loco pf (7). 10 116% 115% National Geographic Society, an - erle | 119% 115 Baltimore & Ohio (1) 5 118% 11734 Im;r;,a‘e aflmflo'{le[;fli{':; ‘?:s&:n' Bl 784 Balto&Ohlopf (4).. 1 79% 79% ull acet % 7 . B anancion sppears ‘Csewnere T The | 1juts 107 Hamberser ot (631 208 1085 1003 Star. 108 110% 110% 108 17! . Goodrich B F (4). ... Goodyear Tire (5). .. Grand Unlon pf (3).. 15 Granite City 8tl (4). 1 GriNorth pf (5).... 21 Grt North pf et (5) GUNctfs O P (a3% & Grt West Sug (2.80). 3 2914 29, 5 Ol Corg Blas'lest "L geia 1 of a Grt West Sug pf (7). 108 O Secured by Grigsby Grunow (2). 13 5 dard OIl N. Jerssy 85 &, Last year the company's operating revenues amounted to $3,334,166, which was an increase of 531 per cent over the previous year. Expenses, including depreciation, uncollectable, taxes, rent pod and miscellaneous deductions amounted t0 $6.740,855, or 8.75 per cent more than s 40 Helg N'Ry Dtur 643, the previdus year. 2% Bendix Aviation (2). 10s ow Barnsdall, A (2).... 100 Bayuk Cigar (3)..... 1 Buyuk Cgr 18t pr(7). 108 B'rice Cream pf (7). 1 102% 102% Over a Third YOU can enjoy this security and return in our 62% FIRST'MORTGAGES Century for your personal funds. May be purchased in amounts from $250 up. B. F. SAUL CO. National 2100 925 15th St. N.W. » Borg Warner (4).. G So were $153311. Non-operating income | 12,0 g2 Bethlshem Steel (8). 48 101% 995 e bl o G0 8 1933 ;100 Without a « 3% terest and dividends. 2% 52% Hahn DeptSpf6%) 1 Wheeling Steel Corp. 5} Department store sales for January | g5 415 40 | Hartman Corp B1.20 70 19 17 | and surplus funds Hotany Con M (A)" 3 3w e ot - Xperience Net telephone revenues during 1929 | 6. 311, Bestd Co (2).. e First Mortgages amounted to $75.149. making total net Bethihem BIBL Ty 1 Sy Gult St Stl 1st pr(7). 208 : earnings of $1,668.460, available for in- 126 26 2% Hann Dept Stores... 23 et Rlsctri: o, e ivis Safe—Conservative Log 13 Y il Hanna (M A) 15t (1) 408 Sieel Corp. ¢ I 6xlc 60'a Borden Co (k3) 675 65w it i L Eatana . 42 Yedrs were 2 per cent smaller than in the co;- ; Hav El Rwy pf (6).. work for you at responding month a vear ago, accord- f Hawalian Pineap( rel e set rate consist- fn finaneine ent with absolute LOMmes SRS 1N the Ing to preliminary reports made to the Broel & P 4 Hayes Body. H Feteral Teserve. system by 490 stores s hiripoeNg 1 Helme (Geo H) (17). 9 : ON REAL ESTATE located in leading cities of all Federal | ,7s, 34% Bkiyn-ManTr pf ( 2 BT4 874 Hershey Choe (5)... We have avaliable funds safety. 3 curities. Teserve districts. For the country S| 151, 131 Bkiyn Union Gas(5) 36 15414 1505 : 4 Hershey Choe pf(15) g 1 6 Tent ates of interest- normal % 8 whole the decrease was the same 85| “ys, 134 Hruns-Balk-Col..... 1 I 14 %» Hershey Chpr pf(6). ERATION FOR BORROWER! w P s d C Inc m. k. daunders Lo. inc. REALTORS X i son of De-| 33 15 Br 2 4 2. oAt e Dist. 1015 1433 K THERE IS NO SUBSTITUTE FOR SAFETY WE NOW HAVE AVAILABLE e ——— — The Fifth Federal Reserve district, S8 Bucyri S 6% Household Prod(14) which includes Washington, was one of 9o Budd (& H 118 Houston Oil......... Sl Tabe 730 17th Street 6%, 1ST TRUST NOTES ALLAN E. WALKER & CO., INC. only three of the 12 districts to reveal $in Budd Wheel (1), 12 18ty Howe Sound (14%).. gains. The Richmond district had a 29% Bullard Co (1.60) 58 451 et Hud&Man Ry (3.60). gain of 1 per cent over last January. 26'» Bulovd Wateh (3), 1y Hudson alotor (5. 913 15th St. Nat. 2690 the IDEAL INT _for in. Boston led the list with a 7 per cent 4915 Burns Bros A (8) 3 1004 100% SLUPPORDRORNERD cox s advance and New York followed with 93 Burns Brospf (7)... 308 95 b Independ Ol & G (2) 4 per cent improvement. b0 43% Burr Add Mach (1).. 10 47% 474 Ind Motor Cycle... .. Atlanta sales were off the most. &l 10x 100% Bush Termndeb (7).. 308 106 106 Indn Motorcycle pt. . decline of 16 per cent being noted, while 4 3 Bulte Copper & Zinc., % B% 3% 3 v 2 Indian Refining . . sales in the Minneapolis district were! g5u, 801 Byers (A'M). . 85% 83w indian Refining ct... off 13 per cent and those at Dallas off 6% Calif Packing (4) Indus Ray (b5 %stk) . 12 _per cent. L cahisans 1 Il Rnd pf (6 Callahan Zine & L. ngersoll Rnd pf (6). SN g etRnga o les Deimen #1% Calumet & Arls (10). 4 Inland Steel (4)..... January, 1929. and January, 1930, are | : 3 Hoag| CalumetdHec(a4% ) inspiration (4). ... .. given by districts in the following table: Chnpbeil WyaRt o) insurance Shara 45¢. R i . e of Canada Dry G A (5). Interboro Rap Tran. Siairier, Crcase npnics. Theycase Betrease nadian Fae (10).. interlake Iron (1). Dniteq States. — 2 148 38| nnon Mills (2.80) Intl Agricultural. . .. om. . <% | 15% Capital Adm (A) intl Bus Mach (n§).. | 249% 192 Case (J 1) (6) . Intl Cement (4)..... b 54 Y. 5 4 5 int Combustion. .. 56% Ve Celotex (3)..veaennn Inter Comb Eng pf 4 % Cent Alloy Steel (3). 2 B1% 2 Intl Harvester (2%) | 110 105% Cent Alloy St pf(7). 140a 107% 10735 Intl Harv pf (7).... 5% 581y Cerrode Pasco (§).. L o3 63 int Hydro K1 A 15 11 Certain-teed Frod. Z 4% 14% Antl Mateh pf (4) 443 36 Checker Cab (4.20).. 20 45% 423 Intl Mer Marine (1). 208 Ches & Ohie (10) 7 285 231 2 int Nickel of Can (1) 12 regular monthly meeting of 63%% Chesapeake Corp 6 4% T4 Intl Pap & P A(2.40). the board of directors of the Federal g 1 64 6% intl Pap & PwrC.... Storage Co. vesterday, C. Griffith War- % % Intl Pap & Pwr pf(7) fleld was-elected a directsr. Mr. War-| 15 w field is president and treasurer of the Warfield Motor Co.. local distributors| 26 Ch1 Mill St P&Pac. .. of Lincoln automobiles. and vice pres-| 46l 41% Chi Mill St PéPae pf ident of the Frederick Motor Co, of | % X4 Chicago& N W (6) Frederick, Md. Ford distributors for| 140 1381 Chi& N W pf (7) that section of Maryland. He is a ¢ Ya Chi neu Tool. .. member of the Chevy Chase Club and 5112 Chi Pneu T pf (3% ). the Army and Navy Club. During the 114 ChiR1&Pac(1).... war Mr. Warfield served overseas as a| 2»% 25 Chickasha COIil (3).. lleutenant in the Regular Navy. He| 67% 57% Childs Co (2.40). is now a lieutenant commander in the| 41% 33% Chrysler Corp (3). Naval Reserves, 49 404 City Ice & F (k3.60 9% 96 City lce & F pt *% City Stores (1) New York B saonis Sold in Lots—$100.00 Up Call or Write Standard Collateral Shares Corporation Woodward Bullding. Met, w182, THIS Firm, organized in 1899, occu- pied for several years an office in the Baltimore Stock Exchange Building, with a total floor space of about 400 sq. ft. and an organization of four persons. - P Int Sait (6) Int Tel & Teleg (2).. Inter Dept 8t (2) Continuous growth has made necessary the enlargement of office space from time to time, as well as additions to the personnel each year. Island Creek pf (6).. Jewel Tea (4). Johns-Manvi Jordan Motor Car... Kaufmann)D $ (1%) wer Julius (4). .. Ily-Spring Tir elsey Hayes (2). Kelvinator Corp. Kennecott (5). Kimberly-Clark(f3). Kinney G R (1) Kinney (G R) pf (3). Kolster Raduo. .. Kraft PhCh (1%)... Kresge(SS)Co(1.60) Kreuger&Toll (1.34) Kroger Gr&Bak(nl), Lambert Co (3). Les Rubber & Tire 29% 31% Leh Port Cm pt (7). 9 2 Lehigh Valley Coal. . Lieh Val Coal of (3). Lehigh Valley (14%4) Lehn & Fink (3).... Libbey Owens (1)... Liggett & Myers(15) Bids Asked on Treasury Bills. Secretary Mellon announced that bids | 38% will be received for Treasury bills to| 95 308 984 the amount of $50.000,000 up to the ca-Cola (4)....... 5 14d% 143% afternoon of February 14. This is the » Collins & Afkman. 13 341 32 second time the Treasury has resorted % (blo & Sou 1stpf (4) T0s 74 74 10 this method of providing money for . Ya Col Kuel&Iron(2).. 50 b2l 49% Government. operations. The bills will | 0% ColGas& I (2).... 333 9214 ¥9% be dated February 18 and mature on| 107 104% ColGas& KIpt A(6) 3 105 105 May 19. They do not bear interest but | #9 89 ColG&Erctsfullpd. 1 89 89 are sold. at a discount to the highest 71% Col Gas&E retsptpd. 1 90 90 bidder. 3 Columb Graph (¥7¢). 223 314 30% % Columbiun Carb (16) 12 % Active D. C. Exchange Session. m Credit (2 gé LA Com Credit (2)..... Trading was pretty active on thet Comm Credit A (3).. 3 Washington Stock Exchange today both 76% Com Crd Ist pf (6% )120s in bonds and stocks. Capital Traction 7T% Com Cristex w 6%. 30s 5= sold at 95, Washington Gas 6s, series 36% Coml Inv Tr (gl.60). ¥ A. at 103} and serfes B at 105'4. 27% Comm Snivents (1).. 124 Washington Railway & Electric 4s came 12% Comwlth&Sou(s0e). 494 out at 853,. 9 47 Conde Nast Pub (2). 2 In the stock division Mergenthaler 13% Congoleum-Nairn... 3 was one of the leaders, selling again at | 55 45 CongressCgr(15%). 2 109. Riggs National Bank stock sold 44 Consol Cigar (1).... 17 at 530, Chevy Chase Dairy preferred at 67 Consol Cgrprpf 6% . 20s 102, Columbia Sand & Gravel preferred 3 15% Consol Film (2)..... at 85 and Federal American Co. com- | 114% 96% Consol GasN ¥ (4). mon at 32'. Both Potomac Electric | 100 99'% Consol Gas NY pf(5) Power issues were dealt in and several | 57 49 Consol RR Cub pf(§) other transactions were recorded 6% 4% Container Corp The loeal exchange will be closed fo- | 48 39 Contl Baking A. morrow on account of Lincoln’s birth- A% 5% Contl Baking B. dey. 92 #8 Contl Baking pf ( On February 17th we will occupy, in its entirety, our new building at Redwood and South Streets, Baltimore, with a floor space of approximately 20,000 sq. ft. and an organization of 151 people. Members NEW YORK AND BALTIMORE STOCK EXCHANGES The logical choice of the average investor, who, in looking to a profit- able return, must first be sure of the safety of the principal. WC Recommend First Mortgage Notes 6'2% [SHANNON-&LUCHS)l| ' 1508 1 streer, ~ = ‘WASHINGTON, D. 1435 K St. Nat. 2345 e & wAssociate M ember NEW YORK CURB EXCHANGE We believe such growth could be pos- sible only thru service well performed. Mackubin, Goodrich & Co. ESTABLISHED 1899 BANKERS Loew’s, Inc (3). Loftt, Ine Loose-Wiles ( Lorillard (P) Co. 4 Loulsiana O1l. Louis & Nash (7). LounG&FIA (1%).. 111 EAST REDWOOD STREET, ' BALTIMORE, MD. g S