Evening Star Newspaper, February 14, 1930, Page 13

Low Interest Rates OFFICES p ANCIAL TON. D. C, FRIDAY, FEBRUARY 14, 1930. oo Investment Securmes ‘ [ NEW YORK STOCK EXCHANGE COURTLAND NlXON 1518 K St. ’ Received by Private Wire Direct t- The Star Office. Notice—All stocks are sold In one hundred-share lots | —Prev. 1030~ Stock and Sales— e |N PRUF'I TAKlNG First Mortgage Loans PRUSPERU”S YEAR excepting those designated by the letter s (65s) (283s), | Hi¥ b P e Sy S, Toy. O In Arlington County and R E A L E s T A T E which shows those stocks to be sold in odd lots only. ot CospB. ™ T Alexandria, Virginia | Sales of Each Stock Compiled to 12:30 P.M. Contl Baking A. . . 181 = Ith I 2 —Prev. 19 Stock and- Sales— pres D Gontl Bekins o ; ‘ Rails, Merchandising Shares!|| Commonweal nvestment |||/ e o " John R. Waller Considers s "oz~ oriendiae, addon men. tov. ciow close. 5 Contl Baking p w03 8 ’ Ising Shares €o:, Iic We invite applications for loans on improved p tibr Power 2 1 . g o e . ey i | . . 4 . f : : Abraham & Stpf (7) 10s 110 1 xm Loni Can (236)sove 3 80 faldt it e property in the City of Washington. Present Business Situation Adams Expr (1 60).. 165 : : Contl Dia Fibre (3).. 53 507 and Some Specialties Are ||| s 1sun 8. . Prone Kauomas 2m2s Adirs MNNS : 1 (‘.mvl‘l lnsul; (2.40 9 0 Und P Mortgage Loan Correspondent for : : A ; i 5% Continental Motors. 3 o Prudential Insurance Co. on Sound Basis. 113 Advance Rumley T Contl O of Dal: 2 TUErhRCeslire. e " Air Reduction (3) 3 13 3 e ‘ég:‘;',?;’;"fi;;’) : o p | BY EDWARD C. STONE. e AfRatbe el Corn Proa ot (1)1 BY STANLEY W. PRENOSIL, T e s = 3 3 33 244 Coty, Inc (k2)... : 28 Associated Press Financial Editor. MER}ICAN SECJR}IT 7l Alaska Juneau....., § . Sl 2 \ ternationsl Bank. Jecron piaves bos| 12 B4 AlbanyIWPaper.ll 6 12% 1 ¢ 1gu | 281 IR T mier BULCL i's| NEW YORK, February 14.—The stock | 185! e \FE INSU“” ) made his annual report to the stock- | oo e 4 1% Crucible Steel (k). 8 90% 894 ¢ 9% | market went through another series Cf[ I S AND_TRUST._ _COMPANY o holders which shows a prosperous year. s S 76 LT '7') 160s o1, of erratic price movements today in Plttsfleld Mass. @ The International Snflririerb it A R : uba Cane Sugar pf. which the steels and public utilities H gt T, Bl gt & Bl )R ki, s, vl A 5'-'"'-"’ o S—— T t . i Amal Leather pf. .. 2 5 5 3 i for | ducts an invest- b ada Ce 2). 9 . 6514 | showed the largest decli) ‘Trading s . ment banking busi- 7 sttt L, % 5% B8 f“.‘."‘:,"‘y"l'xfk"‘fig“f‘ e a1 | Was fairly heavg in ‘Volume, with the | Business and Professional Men FIVE CONVENIENT s P 54 40k Am Bonen Mawmeta:. 3 50n ok ok 3 | 120 113 CurtlsPublishing (6) o% 120 120 é‘&l‘&'g A gy A° o0 period il (s President Waller 501 46% Am Brake Shooe(2.40) 407 s Curtis Publish pf(7) s Call money renewed at 4 per cent, but | F: T- Koons, General Agent calls attention to 2% 1181 AmBrS& Fopf (1 6 26 128 Curtiss Wright Coty. 64 advanced to 4!, as banks called loans| Union Trust Bldg. Frank. 6177 the _stock - market ¥ : 4% Ay A D BB e 0T AT , Surt WrightQorpiA. 185 11% 16 to strengthen their position at the Fed- | crash, which he i R pErfvemm 7 3 7 4| w4 64 Cutler-Hammer. 31y T2 T eral Reserve. Apparently, little atten- says adversely af- sy 210 146 % 148 56 28% Davison Chem.... tion was paid to the increase of $48,000,- fected lthel opera- 4 144 w“,‘ Am Can pt (7). " 2 714 gern&szné‘;;)(.s) s 6 } 000 in bmkerf ln]uns although some ob: Established 1899 tions all finan- 21, TR 3 79 9 914 9 6 elawar . 9 4 servers were inclined t bl an c1al _institutions. e il A tr H ‘ 36 Del Lack & W (11).. 4815 dication that stocks were pacsing srom ||| MONEY TO LOAN He lauds the action 46 36% Am Chicle Co (12%) 4 4 5 i Denv& R G W:‘fi .o 2 K 2 strong to weak hands. AT Gr' [NTEREST taken by Presidc: 3 26% AmCom Alco(nl 60) 6 S % Devoe &R, A (2.40). 8 il Foreign trade figures for January 'l;‘e";‘;:;e?t g;;:g' Y .» N Am F -’ et ;;T‘,T;fi;]]:]‘:(:;r(‘s’)) 5 5 ] 5 107 3 . F}:’:‘d“a:’,‘: ;‘;;‘:‘h"‘i;flevwmp"k'}“ ‘:{“(:L!‘ Before l‘lnflnldlb;fllér‘:‘nlnl Your e D a S 48 9 ? . hyt - i ear, merchans to the financial 3 Gieehs. : 8% Am & For Power. ... §3 984 85 8 9 Dominion S\:’n(l 20) 3% 2814 2 exports dropping $70.956,000, while im- | |l Consult WELCH Realtors structure of the Am&Forn Pwr pf(7) R 9 8 Drug Corpn (4). ports declined $56,636,000. Otherwise, Loan Bpecialists Nation, and considers the present bu: 951 Am&Forn Pwr 2d pf. 97 7 3 3 }\";:";;: S & . = g 98 nw»lmlasflnmo u;‘ the day’s business I TRV s S eTerriiy S I e tes a1 Banic AE e i (b 21 Dupond de Nem (4). 24 7 T s contin ahed upis National Savings & Trust Bullding Metropolitan Life Insurance Mr. Waller says that the number of | & 7' Am Hide & Lea pf 2 3 4 : Dunontd Ndeb (6).. 2 113 5% 1164 1 points to a new 1930 high at 1877, or ||| Reasonable Charges No Extras &tockholders increased during the year, 5% Am Home Prod(4.20) 3 587 % 55w 58| 90 45 Durham Hos pf new. s %, | slightly more than a point below the | = Company and a still wider distribution is expect- | S Am Ice Co (14).uu.s : 36% 36 ; Estn Roll Mill(ht2). high reached in the December recovery | ed as the Tesult of the reduction of the Amlcopt (6). 1 4 9615 1753 Eastman Kodax (183 5 193 1 and nearly 20 points above the price at par value of the stock from $100 to $10 | 43% 35% Am International (2) 36 Fastman Kod pf (6). 2 4 1207 which_the stock recently was offered | a share, voted last August and put into 2 Am LaF & Foamite. 2 7 2 Eaton Axle &S (3).. 7 3 - to employes under the partial-payment | . effect in December. "He $eports 'the 30 Am La Fr & Foam pf 10s ¢ 3 25 tington-Sehild % 8% 9 |ojan pRZpuhl)c bt L up | First Trust Money REAL ESTATE LOANS special service department, insurazce | 105 947 Am Locomotive (8). 2 . Auto Lite (6) 5101 9 9 more than 6 points to 7915, Vanadium | - department and the Realty Investment | 114% 1111z Am Loco f (7)...... L 112 Pwr& Lt (1), : s 6an 3li. to 10 Colorade Fucl 3%, to 57 | & AVAILABLE & Securities Corporation as showing | 248 210 Am M v 3¢ ‘ 1. . | Central Alloy 2 %, and Guif Available steady progress. The statement of con-| 5lia 44 Am Metal (3). 714 47 States 21, o 8775, ‘811 1950 high rec- " dition as of January 15, 1930, follows: K 65 Am NatGas pf . 2 0% T 2% 5 i ki 5 5 b ords. it % Am Piano. 2 [ 99 94% Fng Pub Sve pf (5). 9 e 8 At least a dozen public utilities led by Long Term Low Interest Rates RESOURCES. ol 2 : Equitable Bdg (2%) 42 42 : A power s L’ : L obh ik £ S 3 g et ‘e ot RO IR S e W huan | JAMES F. SHEA ias Sna nvestments. 13 | 101% 100 Am Pow & Lt pt (6). 0 5 ErfeRR st t;'[“‘)‘ - 5 314 | ground fof the year. Vulcan Detinning 3 Consult Accounts rerenl le 802 75 AmP&LprA (3Y - 8 8014 4 rie 2d pf . el ~4 3 i Baskine Chwmens . omed 5" B AmTALpIAS (). 3 8% o 5 815 Evans Auto L(1214). ; :;’:;:dv,,‘;su":ég%,figflggde.“”U‘“‘S"si‘:‘ 643 Louisiana Ave. N.W. anking equip: - 304 Am Ra&Std San 1%, . a7 Exchange Buf (1%). 205 dustrial Alcohol 614, Alr Reduction 5 441,12, 2013 Am Republics. ...... 23 % Fairbanks Co....... 1 Commonwealth Power 4%, Southern EA\’ER BRO LIABILITIES. ;“.“7 :m gnrlllnn[i'\flll (zs)) 6 5% Fatrbanks Co pf Dairles A 4 and Westlnghnuse Electric ,‘r - m Safety Razor ( 3 ba 3) 4 - ital, eus!nck s teo0s ta 3 - Shmb““m"“”wm Fairbanks Morse ( 3%, but some of these gains were re. REAL OR S capital, stock i 9 g 5 5 Fash Park Asso (2% 4 1 | S s “ 9 £ 2 S Bo% Fed Lt & Tro (213) 7o1, | duced by the wave of realizing which 3 SRk 7 followed the higher call money rate. ENTERPRISE SERIAL Capital stock outstanding.......$1. 208.400.00 ¥ 1 3 k s 9 7% Fed Motor Tr (80¢).. 13 9 9 4 s.{ : jana profts BIEITS2 | 513 di1s AmBreel Fdy (3)e.. 11 80% tow. o . Smadyertns Ly - Pittsburgh Coal broke 815 points to a [ 114 110u s 1 5 4 o 78 new low at 60, but quickly rebounded | BUILDING ASSOCIATION District 9486 ©n_securities pur- 114 11012 Am Steel Fdy pt (7). 208 ? Etdho Fire 1(3160) . to 65. Simmons sold down more than | chased . 121, \"l‘lflog 5 |67 60'% Am Sugar Rfg (5).. 2 6. 61 6314 Fifth Ave Bus (64¢c).200s 9 9 1 as3a0 | qor s Be g ifth A % |3 points to 6514, but snapped back to || 7th St. & La. Ave. N.W. p 16380 | 107% 108 Am Sugar Rfs pt(7) ! 2 Elleneaptish).. 10 96 98 96 95 | oyPo O e o '3 | Mol B it s P e cistorii 23438 | 19' Am Sumatra (3). ; o 3 Firestone T&R(1.60) 28% 29% | oints, Aubumn Auto, 5%: Jersey Oen. 63rd Issue of Stock Now Open 878! P Thrift trust notes. 1034053 | 614 Am Tel & Ca (5). " Firestone T&R pf(6) 15 82 ol 21 Y feor Subscrigtion G 4 Al e PR 0 5 Pl e First Nat Strs (2%4) tral, 5, and McCrory Stores B, Union or Subscrip! Metropolitan Life Insurance Company $2,441,120.97 | oo bt . - o3 o 5 Pacific, Peoples Gas & Atlantic, Gulf & 1 E b 231 197 Am Tobacco (8). 5 Fisk Rubber. .. .. 3 West Tndies sold down 3 to 4 peinte || Shares of Stock, $1.00 Eac In addition to President J. R. Waller, | 235 197 Am Tobacco (B) (8). 159 238 Fisk Rubber 15t pf. . 1308 sl T Die sils S0t tmoters Ths | the officers of the bank are Austin C.| 121 120 Am Tobaccopf (6).., 1 Follansbee Bros (3). & Several of e and motors ylelde Waller. William L. Symons and J. R. | 125 AmTypeFary (8).. 1 11 32 3 FORtE T Whellar (0. 28 aary av 8 a point or two. Payable Monthly Guthrie, vice presidents; Thomas B. 8% Am Water Wks (nl) 156 Foundation Co...... 4 17T%% L e e b 3 lly James F. Shea Lawler, secretary and treasurer, and H. 715 Am Woolen. s Fox Film A (§4) 30 Smaller paper money is being urged || T2, E; Connelly Secretary D. Saunders, controller. 9, 19% Am Wooler = ¢ 9 % EFrank Simonpf (1) 205 971 97§ 9T 97wl for Traly: bradusted i sze sccording | Groom Joins Commerce Bank. | 77: o onerpf( 2 4 387 Freeport. Texas (45) | 813 Am Zinc Ld & Sm. .. Fuller pr pf (17.94).. b Announcement was made today by | 0% €9% Anaconda Copr (7) % 76 75 9% 5% Gabriel Snub A. the Bank of Commerce & Savings, at | 51% 40 Anaconda W&C (3) 3 Y b 5 Gardner Motor. Seventh and E streets, that Thomas J. | 46% 35 Anchor Cap (2.40)... 4 2 Gen Amer Investors, 3 4 | Groom s to be elected vice president | 7' 31% Andes Conper (3)... 3 o AR TIT (8 P o and cashier and will assume his new 8% Armour Del pf (7). 2 78 A 1 99% Gen Am Tnk Car(34) 4 105% | Opportunlty duties on March 10. Mr. Groom has Armour 111 (A). 6 Los% g | 59% 491 Gen Asphalt (4).... : 5 JAMES Y. PENNEBAKER resigned his position as vice president s % Armour 11 (B), . 3ty Gen Baking pf (8)... 3 PR s PTG s < I FERST MORTGAGES of the Washington Mechanics Savings Armour 11l pt (7 ] 3 ‘ Gen Bronze (2). 861 34w 36% Nat.5291 1520K St. N.W. Tty Bank after nine years' connection with 0? Arnold Constable. - » Gen Cable...... . e IN.WWe sirous of participating in the po- the mltur;sflen. animmm% hfi fiv; = ”g. :::g ,‘,i’;”é‘:i,},‘,"“ 4 4 4 Gen Cable A (4)..... 7 tential possibilities of a new years’ experience with other banks an ok L - 3 9 Gen Cigar (4). . 581 . ks is a graduate in law. He is one of the | 37% 33} AssoOil(2).. 105 % Gen Electric (1.60). b2 P | financial institution whose busi: NO INVESTMENT FOR more prominent younger bankers in | 240'% 219% Atch T &S Fe (10).. 5 Gen Elec spec (60c). GREATEST ness is that of the fourth largest the city and a native of Alabama. 104 s Atch T&SF pf (5)... 1 % 103 3 % 46% Gen'l Food Corpn (3) 3 8 industry in this country. All INCOME Mr. Groom succeeds Frank Owings, [ 171 At Coast Line (110). 3 6 4 Ger Gas&FElA (te2). 23 75 15 7 n GAR SAI. roducts are’ coversd: by several who has been connected with the Bank | 07 72! AUG & WV Indle: 15 9% 21 Gen Ital Ed w.i. a2.61 i . . of Commerce & Savings for 16 years. | 42 4 Atl Refining (12). 29 4 : 2 Gen Motors (13.30).. 3 3 IN U. S. and foreign patents. 5 tinctive | i Mr. Owings has resigned to give his | 238 175! Auburn Auto (34) & s 2 Gen Motors pf (7)... » 2 let Hi plies confidential. Address Box 1S more attractive an our full time to personal business. ~He has [ 6% Austin Nichols. 261 Chevrolet History . s 8 Gen Outd Adv A (4), - r Office. made cuch a brilliant record in the e 2““ At NISlspt 220 29 jiod Wl 4 Gen Public Serv (b6) 55 4 SEE OURISMAN ADYV., PAGE C-2 4388, Btar Ofice: banking field that his resignation has| 5 4% Autosales...... ; : 45 57 Auto-StSafHA (3). T Gen Ry Signal (5)... 6 94 031 | 6'2% FIRST MORTGAGES been accepted with deep regret by the | 45 57 - . 8 .45 5 Gen Ry Sig pf (§).. 2 2 directors. © He has however, accepted | % 4% Aviation Corp Del Gen Refrac (141) | election to the board, and. as a director, | 35% 30} Baldwin,Loco (1.75) . 3 Gen Theat Equip vis 229 1 remain :n close touch aith the in- | 116 111 Baldwin Loco pf (7). 2 Gillette Saf Raz(n5). 323 2 o To be able to figure upon so stitution. 1ig% 115 Baltimore & Ohlo (1) ¢ 117% Gimbel Brothers. .~ 8 1 _ Consult Us Regarding generous and at the same time B. & O. Nes $10.30 a Share. b e el D LT ” v Gimbel Bros pe (7). . \ . . . Bang & Aroos pt (1). 3 ’ Glidden Co (h2). 5 3 2 Your Maturing Mortgage. . so definite a return, with posi- The preliminary statement of Balti-| 20 ~ 16% Barker Bros(2 : T 1T 1 Gobel (Adolf). b tive assurance of the security more & Ohio Railroad Co. for year 1% 2 213 : Gold Dust (234) % 437 St i g . ended December 31, 1929, shows net| 14% 14 ~BeaconoOil.. Gold Dust pt (6) 4 104 | 105% M o Third of the principal is possible in income of $28,767.008 after taxes and 7% Beatrice Cream (4) T4l 4 4% T 4 Goodrich B F' (4). 5 49 b - ver a Lhire . charges, equivalent after 4 per cent| 0% 60%: Beech-NutPkg (3).. 2 2 6 5 2 Goodyear Tire (5) 2 8 R few types of investment. preferred _dividend _requirements, to| 6% 4% Belding-Heminway.. : | 99% 90 Goodyear 1st pf (7 g 310.30" % Siikee b LI0R A ki of + 80 Bl N'Ry ptpt 549, : Gotham Silk H (2%) 19 2 241 24 REAI B I'A I E I OANS of a That’s what makes these so . s 41% 32% Bendix Aviation (2). 39% 3 3 3 Gotham S H pt (7).. & 7 p £35100830 or 1243 5 share o 2151 13;\: 31 Best& Co (2). T 36% 36% 36% 36 Granam-Paize 4 Century popular where income is the 0214 ethlehem S| Granby Copper (8).. 9 B5&% & 57 ; : O erach fommon stock In 1628, | 137" 1324 Benlenem Stp1 (1): e 126% 1 SO O L WE MAKE FIRST MORTGAGES ON Without a prime concern. 56% % Bohn Al & Brass (3). Grand Union. . g B 9 Hom Apartments and Business Properties in the 1929, compares as follows: 685660t Borden oL ] ol S i 2 el (k3). . Grand Union pf (3).. 9 i i land and Virginia o o Do ) e District of Columbia and Nearby Maryland and Virg Loss May be purchased in amounts Srpences 1001 :‘:n 1% s “2 9| 112 55" Bowon & Maime 4 Grant (W T) (1).... 71 367 36 Taxea rte, et 82 liasooes| 17% 14w Briges Mfg. . T 15 % 167 y Grt North pf (5).... 9" 9714 99 | G from $250 up. 204 213 Briggs&Stration (2), ; 20" sl o6 o Gt rermater : RANDALL H. HAGNER & COMPANY, INC OfNet Bogins:-.. RIS 325 | 16% 13 Brockway MT. 85§17 51| 23% 19% GtNetfsOP (a3%) 7 68 Brockway pf (7). s ¥ Grt West Sug (2.80) . ot 1321 Connecticut Avenue Decatur 3600 Total income.. .. $57,611.045 $56.766.041 3 Bklyn-Manh Srt West S Taterest, rents, etc TREIRLAL v8) Grt West Sug pf (7). 8.844.0: 5.111 Bidyn Unton Gas (6) 63 156! | 221 1212 Grigsby Grunow (2) 56s N\ Mortgage Loan Correspondent B L F ; S A l I ‘ O i Net $28.767.9 329.100.930 | % Bruns-Balk-Col. . ‘ 38 Gulf Mo & North 4 NN ® Z Proferred aidends. 520 2.384.528 15 Bruns Ter & Ry S 9 : il b D Nbe (e, - - - Sl AN New York Life Jnsurance Company I Common dividends. 15 1391127 | 63 221, Bucyrus Erfe (1) iy . 4 Calr G e e 4 NN Surplus .......... §1L,045,507 §13.835,127 107% Bucyrus pt (;;.“‘ . & Gulf St Stl 15t pf(1) National 2100 925 15th St. N.W. 33 Bucyruscvpf (2%). 2 237 4 p p & Mergenthaler Exchange Leader. 9% Budd (1 G) Mfg (1). b 6 ;::SK:::{C:“‘; ;‘1)56) 9 Mergenthaler Linotype was the Wash- 2y, Budd Wheel (1)..... 22 13w 12 129 13 7% 12% Hahn Dopt Store ington Stock Exchange leader today, 297 Bullard Co (1.60 5 T - 26" Hal (Wi Pte (mi) 70 shares changing hands at 108i, 6'» Bulova Watch (3). 2 2 : . . b 4 3, T T and 10 more at 108%. In the bond | 0 434 BureAdd Maeh (13is 3 avry g 2%, i 2 100 Hanna O A) 1t (1) ¢ 1143 114, Equltable Co-operatwe Bldg Ass'n THERE IS NO 'SUBSTITUTE FOR SAFETY division there were four $1,000 sales in % 3 p 2 ( 36 Bush Termni (2%).. 5 4 " PLETED == Capital Traction 5s, three being record- 3 Butte Copper & Zino. ARl M e oy Organized 1879 ket o e ed at 95 and the other at 95}s. %4 4% Butte & Sugerior (2) 5 5 b ¥ Hayes Body i JOHN, JOY EDSON, President WALTER S. s Jr., Secretary FPotomac Electric Power 5i per cent| 22% 164 Butterick OB, 20% 2 2 Helme (Geo H) (17) S, Assets ....... .$5,662,549.55 Surplus & Profits. .....$1,705,130.78 ;erelfimdt came outh“at 10‘71’,] :r}:ar: 80' Byers (A M). % 86 pe Hershey Choe (5)... 13 P R d -share turnover, while a single 66% Calif Packing (4) 3 Hershey Choe pf(15) inti i ive of the 6 per cent preferred sold at| ‘5 °0' Calif Packing «)... 10 74% s o IS s o S Subscription for the 98th Issue of Stock Being Receiv L e e R 81% Calumet & Ariz (10). % 7 Hollander & Son. . 9 9 e 3 29 Calumet&Hec(ad%). 16 : 3 : Houdallle Her B (2). 105 25 "gigax:;xgps:g-ufi Investment e @3 Canada Dry G A (5). 16 Household Proa(td), i ]f You Want to 1875 Canadian Pac (10)... 0% 2157 7 216! 70 Houston Oll........ 65 63 3 - H 7 ;{l:;ez Ta!‘ M nfii}éfi"&f‘?‘ffi:‘?&i‘?@’ : " Cannon Mills (2.80)., B : SoweRsant Hitis .. Progress Financi- state Mortgage & Guaranty pre- % Capital Adm (A). ... 275 ; 6% Hud&Man Ry (3.50). 915 49 1% 3. ferred sold at 7 and 320 shares of | g7 96 CarClin& O sta (5). 30s 9 4 Hudson Motor (5) 5 a”.v_SA VE 2.50 Washington Mechanics Mortgage com- | 249:{ 1921, Case (J 1) (8)...... 2 : 2437 Hupp Motor (£2). 2 2 mon registered 915, Carpel Corporation 68% 54 Ca 3 3%. % 3 The most successful Deposits o | Same Rate o figured in a 25-share sale 2t 23%. Po-| Sow 391 Catereca) e oK. 20 Illinots Central (7). . 2 9 Pe| \J iy 5| 2 F : 2 3 i IR Interest Paid tomac Electric Power and Washington | 55" 51 Colates ot (7) ¢ ‘ EianonNa () s a1 method of saving is to Invited : T Railway & Electric issues are now sell- | 345, 30% Cent Alloy Steel (2). §7 . 4 2 . 39 : in k: on Large ing ex-dividend. 110 105% Cent Alloy St p£(7). 2708 108 ~ 107% 107 “ S adopt a sy ;t eé“ a'tt‘ < share Any _W: and Small & E lnflual‘ly(hs%nk). 9 V' The Washington office of the Great| 2!5 273, CentRMofNJ c1i2) 4 300 TS 94 o o7 16 afd teavesas vau Atlantic & Pacific Tea Co. announces| goy. 501 Corvo de Pasco (8., 1o 4 ; Ingersoll Rand (4).. 5 y that the chain store system is to open| gqis Inland Steel (4) branch units ca the Pacific Coast 36 Cbecker Cab (4.20) 96 Inspiration (4) 29 27% Y earn, 2 203 Ches & Ohlo (10) 2313 131 Insurance Shars 45c. : about March 15. The first of these| 76 g3y Chesapeake Corp (3) 5% 73 e e 6 S0%8 W t stores are to be opened in Los Angeles. 6% 4% Chi & Alton J B 6 HY }n::;s:;?li‘:nvt:lr;&b 915 F St' N' ! 3 en ou an e 00 “There will be 12 in that city, and oth- 5% Chi & Alton 3 4 ; Interlake Iron (1) 29 % 261 ers will later be established along the| g hi & E 2 : Intl Agricultural. Che 6 entire West Coast. The A. & P. Co. 36 Chi& E 3 42 2 521 Intl Bus Mach (ng). 274 2 etum us e y started 70 years ago, and the present 57 6 56% Intl Cement (4). . 8 9 9 move s sald to be the largest expan- 367 ChlGreal Westn pf.. 3 E E 5 Int Combustion. 2 6" 3 s i i sion step taken since the organization.| 26% 24 Chi Mill St P&Pac. .. 5 5 | 56 30 Inter CombEngpf.. & ' 4 49m A —by keeping your Payday savings in a strong, The company started with one store in 41% Chi Mill St P&Pac pf 53 924 78% Intl Harvester (2%) 5 i aying bank like this, why I d New York City in 1859. 9% 84 Chicako & N W, (6).. 3 % xS 311 Int Hydro E1A (e2). 2 % 4l old, interest-paying bank like this, why hazar Up to the present time the system| 3z 22% Chl Pneu Tool. 3 300 29% 5 Intl Match pf (4). 2 . FIRST has not extended west of Omaha, hav-| 125 114 ChiR1& Pac (1)1 Intl Mer Marine (1) ., your money in untried ventures? 15,000 stores in 34 states. John 4 100% Chi R1& Pac pf (6). Int Nickel of Can (1) A. Hartford, president of the company, 265 C lowCab(3).. 20s 28 28 28 27| Intl Paper pt (1), 1 MORTGAGE fOver 50,400 individuals are saving with us. in commenting on the move, announced 57% Childs Co (2.40). ... B 20% 26 IntlPap&P A(2. 2918 Why not join our ever-growing family of de- that the company ought to feel en- 3 % Chrysler Corp (3)... 22 b 8 Intl Pap & Pwr B. z NOTE AY? tirely at home in California as it has 404 City lce & F (k3.60), 1 y 124 Intl Pap & Pwr C, % - i positors THIS PAYD in the past few years paid producers 96 City lce & F pf (6%) 4 Intl Pap & Pwr pt rnia $145,000,000 for fruits % #% City Stores (1) p 7 4 4 Intl Printing Ink (3) —will still be paying the ‘nl.rlmc:xtlr‘n:r products bought in that 83 Clark Equipment (3) 6 Intl Print Ink pt (6). 10s and 30 Cluett Feabody (5)+r s %1 31 36 | 17 Int Salt (6) . 1508 75 same "'ifif"“’fy Tate l?‘ Open Until 5:30 P.M. February 17th o 133% Coca-Cola (4). 2 6% i Intl Shoe (3). 1 \ inter. when many of the i > i Heard in Financial District. 50 48% Coca-Cola A (3 1 F | Intl Siiver (18) : i i nie i it et for Payday Depositors’ Convenience 2 stocks and bonds to bm 3 14% Collins & Afkm: % Int Tel & Teleg (2).. 20“ 3 ™ . igh. h Loans o} ting New York Cit; 5 88 Colo & South (3) 4 5 E Inter Dept St (2)... 3 ]’Ilfl er, perhaps temporary, OFFICERS: Bln” Eutorve meniver - banks it G S O 24 ot 108 5 = = yield are only an unhappy WILLIAM_D. HOOVER, President, 6'a ue! ron . U 53% | 26 9 nvestors Equity(2). 142 2 261y 27 s ' 7 3 . Pres. creased $48000000 during the week | 355 7017 ol Gug ot o 106 sun o1a| o Tslana Creek Coal (4) ; i MORTGAGE memory to the short-sighted b G ey, Do kb STy aetd dioe colguaa b pr A W B g 0 2 investor who puts profit FRANK STETSON. Trust Officer. 000, 402,000, s 24% b G 3 2 : ohns-Manville ( 20 143 p . 000 on February 5 and $5,568,000,000 0 | yo54. 1681 Columblan Carb (16) 4! 5 1 2 Johns-Manv pf (7)..200s 120" ahead of safety. S i e e O A Henue, president of the Amerl-| §3 21 Com Credit (2)..... ot Al BV Jones & Laush pt(1)1008 We Offer and Recommend ; A . l’.“- !n'stitule ‘." ‘Banking chapter here: g:% iz“ Com Credit pf (1%). lhflu 4 ordan Motor Car, \ A T Com Cred pf B (2)... 808 24b4 2 K . L J. Roberts, Prank M. Perley and Miss | 47,) 36y Coml Inv Tr (g1.60). 71 ot r A . . 44 4T A 4 4 Kan City S f (4 6 F M N ux:fiamk‘:g‘lj:f mfl:t"gf fr:; 15 11 gnm InvTrstwar.,. 15 19 164 4 Karatate 1;’1‘; b fyz)) lrst Ol‘tga e Otes [ .AA".L Thmman i " it Yfll‘k chapter tomorrow evening. 123 ‘omwith Power((4) 2 164% o Kayser Jullus (4) TR, Secy! e Secy 27% Comm Snlvents (1).. 151 Kelly-Spring Tire, 3 at . MVAB » Auditor. i2% Comwlith&Sou(60c). 194 Kelsey Hayes (2) 4 46 Conde Nast Pub (2), 1 et 'onishtl 13% Congoleum-Nairn... 46 . i % 14 Kelvinator Corp 6 1 7 . ‘. @ T C cment| 15 10 Coneneti i o gl et E B /o Yo Natlonal Savings & Trust Co. :urlflo: !;fll::lhl'e ?j‘]e“mn‘nlflf’r("ull 44 gunlol‘ (C:ler (1{)‘.7-). . 105 3 ¥ Kolster Radlo..... 3 Denk ving Brion g % 6% Consol Cigar p; I Kraft PhCh (1%)... i Lo R istri & Tess.” 60 Con Cgr pr pf x wé% 208 6 [reske(S8)CocL 403 N. CH 64th Oldest Savings Institution in the District of Columbia —_— 3 16% gonloll lr’1lxlm n‘) A o e ssTnt|(7). 8 ug . Year Capital and Surpiss, $3,500,000 25 18 ‘onsol 23% ol D K ger&Toll (1.34). 7 307 N SI!.VEB QUOTATIONS. 96% Consol Gaa N 210 1 115 i 115 2" Kroter GraBak(ar), 40 42° 41 35K S Nat, 2345 g Cor. 15th and Néw York Ave. ‘NEW YORK, February 14 (P).—Bar|{ 57 49 Consol RR Cubpf(6) 1 57 56 Hittesibing . 14 i at. i isllver, 43%; Mexican dollars, 33%., ‘- 2. 3 Consol Textileesssss & u u- et B, ST LT