Evening Star Newspaper, February 15, 1930, Page 22

B8 ® FINANCIAL. : THE EVENING STAR, WASHINGTON, D. C. SATURDAY, FEBRUARY ‘15, 1930. FINANCIAE. S B — e _———————— L ———— DEGREASEINBANK | NEW YORK STOCK EXCHANGE | SIAS DEPESSED 0P 23R 105K RONE AT i e s | ALTOONA, Pa, February 15—The A S— [——] | first municipality in the United States N -All stock! sold in one hundred-share lots | ~Prev. 1930.—~ Stock and Sales— Prev. IN P | — — ELEARINGS NUTED excepting those destinated by the letter u. (850) {3850y, | Hieh Log _Dividend Ra Ada %0 len. Low. close. Ciow EIEH_ | 6) 1 99 | to protect all its employes under a ot : ol e e [ t life insurance ar- which shows those stocks to be sold in odd lots only. 105 ¥1 Elec Auto Lite ( | permanent group B e | o o Biura br s 1 | rangement is the City of Altoona. 'There | an old-age retirement and benefit plan | has been placed in effect with a life insurance company under terms that take the system out of politics by tablishing a basis which prevents any future administration from deterring or eliminating the benefits earned and purchased up to the time such adminis- » g &Lt (1) i H Lo Dividend Rate. ~ Add 00. High. Low. Close. Close. | 664 49% EI Pwr 1 G Drop of 9.4 Per Cent From| 1t avbiE® cofwen” ¢ e, 16 16" T | 109 108 BLERLocolans 1ig 'fhy 100% 1095 1090 | Few Specialties Make Ad- 10 104 Abraham & Stpf ( s i t (6) 2 97 160).. 382 33 32% 33 33 99 94% Eng Pub Sve ! . % 97 97 98 o . Same Week Last Year 0w 20" Aaamariis . "3 38 26 28 38| 44 3o Eauitable BIdE G%) o &, 4w & | vances, but General List % 28% 11% Adva \ 2 17 16% 16% 17 . . 1 61% 61% 61% 61% in D. C. Figures. 41% 22 Advan 3014 35 BurekaCacCl(4).l. 1 38 38" 38" 3an| Eases Off. P e K Ab: da Lead. 1 % % % % 1857% 118”’ Alr Reduetion (3 139 131% 128% 130 131%| 28% 18% Evans AutoL(33%). 72 30% 20 30 28% 32 21 Alr Way El Ap(2% 2 31 304 304 B31%| 39% 15% FairbanksCopf..... 208 20% 203 20% 20 [} [am} 2} |20} {200} ™ i} ] - R | tration took office. BY ED . STONE. ! 3 ‘2 2. 2 21| 88 341 Fairbanks Morse (3) 36% 35 85 37 BY STANLEY W. PRENOSIL, The entire force of employes of the e e 3& "lv': :{::u‘:‘.’v’:;hne:.{u 3 Th Th Th s“’ 265% 'zuA Fash Park Asso (23 28 23 23 28 Assoclated Press Finenclal Zditor. City of Altoona have signed wp fcr tne According to the Washington Clear-| 150 g AlbanvIW Paper... 6 13% 121 1314 12%| 104 7% Fed Motor Tr (80c). 1 ’ n [ full benefits, In addition to a pension, o a0 A% 1041 NEW YORK, Februsry 15—Tne ir-| these provide a total of about half & million_dollars in life insurance, also disability benefits. 2 1 B ing House figures, local bank clearings| 241, 23 Alleghany Corp.....1397 341 33% 831 34| 87% 32is Fed WaterSerA2.40 10 | . for the week ending February 13, a| 107 05% Allek Corp pf (5%).. 1106 106 106 10| 80% 65 Fid Pho Fire 13.60). 3 80% go0ve 8015 sors | regular advance of the past week i holiday week, amounted to $24,906, 600 282 255% Allied Ch & Dye(n) b 276 2761 276% 276 zew‘. 804 ;‘:rest;::;’f‘gfii)) ;l 81% 81% 81% 81% | partially canceled by heavy week end ‘Undes. the’ flan sushi:Smployestnakes 621, 494 Allis-Chalmers (3).. 160 604 5% 59% 60 1% 50% Fir L8 g i BBM 52% | pront taking in today's short session of sontIy e eIt o e A o Te s 3 3 3 6 1 2 1 against $26,028,000 in the previous| 323, 27% Am Argicul Ch pf... 5 28% 28% 28% 29% 44 3 Fisk Rubber.... week, and a decrease of 9.4 per cent| 21% 18 Amerada Corp (2)... 1 18% 18% 18% 19 19% 12% Fisk Rub1stpfev.. from the corresponding week last year, 54% 40% Am Bosch Mpagneto.. 44 534 51% 534 53w 43% 37 Follansbee Bros (3). which was also a holiday week. 5015 46% Am Brake Shoe(2.40) 2 49% 49% 49% 49%| 68% 601 Foster Wheeler (3).. The Department of Commerce Te-| 17% 8% Am Brown Bov Elec. 111 17 16% 16% 16%| 20 15l Foundation Co me that at least three of its business| 146% 1174 Am.Can (4)... . 499 143% 141% 142% 143%| 39% 164 FoxFilmA (#4).... dicators—volume of check payments,| 144 1404 Ami Can pf (1) .7 141% 141% 141% 14154 | 44 38% Freeport. Texas (16) REACH LARGE FIGURE volume of steel plant operations and 821% 781 Am Car & Fdy (6)... 2 81 9% 80% 79 9% 5% Gabriel SnubA. B the gencral level of wholesale prices—| 33 26% Am Com Alco(n1.60) 55 28 27% 2% 28 k{ 69% Gamewell Co (5). o ’l; 4 ’lg 78 | the market, with the steady elimination ‘The trend of common stocks of cop- Copper and Brass. . Yo Eight years after the death of Mrs showed improvement during the week| 49% 35 Am European Sec... 2 48 48 49 4% 313 Gardner Motor. % 4% hort, interest during the paat few X Por cent. b , a3 ended February 8, compared with the| 99% 88% Am & For Power. ... 451 4% 94% 96 | 14 12 GenAmerInvestors 21 LM 14w 14% 14w | 2hie SHOTInteret GUERE LOC past TeW | per producing and refining corporations | oo iver 1020 pebruary, 1933 i34 Frank Leslie, the widow of the promi previous week, but all three: were lower | 109 107 Am&Forn Pwr pf(7) 6 10 108 108 109 | 108% 99% Gen Am Tnk Car(34) 31 105% 104% 105% 105% ‘g:.y,'ii, have been advocating the at times has shown considerable di-|October, 1923—April, 1937. nent publisher, the executor's account- 28 19% AmHawallanSS(3) 42 281 27% 27% 25%| 59% 491 Gen Asphalt (4) fention of good stocks for long-term 4 16% 16% 16% 17%|the stock market. A few specialties cent of the salary received. Retirement 43% 43y 43% 424 continued to make substantial headway, b at 65 is provided for 17 17 17 17 |but leading shares generally were de- 30% 28 28% 30% |pressed 2 to 5 points. bl S, . REE O The reaction reflected growing un- e LESLIE ESTATE LOSSES 8% 8 8 8 | certainty over the technical position of than the corresponding period in 1929. Business failures increased during the 4% 44 Am Hide & Leather.. 2 54 4% 5% 4%| 36% 251% Gen Bronze (3). vergence from that of the market as|July, 1927—March, 1920......... 250.0 | \€ valued the estate left by her as 20 38 3o 38 364 vestment, several of late have been ad-| 5 whole, according to the Standard | e e e Il week under review. 804 274 AmHide& Leapf... 5 324 31 31% 204 | 324 26 GenCable.... 1 20% 20% 20% 29% | ocating ‘profit taking by traders play “ Average ........ ceveeneneens 1308 TRyt the amount actually received by The Department of Labor, fn dis-| 39% 354 AmlIceCo(r4)...... 1 7 37 37 3614| 74w Gow Gen Cable A (6) 170 70 70 71| 0eaiis BIVet for a quick turn. . "~ T ¢ the four major de- | beneficiaries under her will was. only cussing the business situation, takes an| 43 35% Am International (2) 63 42% 424 42% 43 | 59 51 Gen Cigar (4).. 27 584 b57% 68 b8y | INE the m i major upswing in these issues was |, DUring three of the four o LT iy e optimistic sstand, reporting a vast im- 2% 2 AmLaF&Foamite.. 2 2% 2% 2% 2% 78% 60w GenElectric (1.80).. 267 761 74% 76% 176 Business Views. completed in March, 1929, whereas the | C/IN€S which have occurred since $977,875. gat n an suits to break provement in-the Unemployment situn. | 105 _94% Am Locomotive (8. 2100 100 100 100" | 11% 1l Gen Eleo speo 808). ~4 11t 11 1i 11 The week end trade and business | bull market in the industrials con- | COPPErS have shown a larger percentage | ihe Will went on over a period of vears. tion throughout the country indicates | 27, 20 Am Mach&Fdy (7). 20 2611 284 289% 267 | bW 46l Gen'l Food Corpn (3) 68 62% 62 52 53 | eviews were somewhat more cheerful | tinued until late in August, as is shown b b s Pended.in settiement of ohllaations ace an upward swing is in motion. 5135 44 Am Metal (3). 2 4TH AT 4T 47 | 44% 44 GenItalEd w.l a2.61 7 44 44 44 44 |5 V0o geveral weeks, poin‘ing to | graphically in the appended chart, - Tecognized by Mrs, Leslie in her wii : i 2L C a2 6™ o ek M| 5o B0 General Mills (3).... 2 b2 52% 524 O2% | pyroadening of the general business re-| On the other hand, coppers reached Industrials, L Walker Chairman of Board. 9Ts 77 AmPower&Lt(11) 40 96 04k 95% 95W| 45 371 Gen Motors (13.30).. 125 431 42% 42% 43% o Per cent : 43 it The stockholders of Standard Col-| 101% 100 AmPow& Ltpf(6). 2101 101" 101" 1013 | 122 117 Gen Motorapt (1).11 "4 122 121% 122 - 120 | SOvery; Traders ppeatec o, fcel, hows | thelr lowest levels for the pact decade | November, 1919—August, 1021.... 479 e e ooratlon AL e ieiT| 337 Nou Am Raaiimme a. 205 ow sou S | 35, 33, SenOuAAITAD o 3% 38k sew 64| DS iy iscounted for the moment | onary movement In' the Indssirial | MaTch 1928 uly. 1925, . i Tecent annual meeting elected the fol-| 38 = 30 Am Ra&Std San1%. 239 3o 29 dum |- 97" 86w Gon Ry Slgami (6rr B0 aoi a4 M. 41| pythe steady if gradual rise of prices | group 1 8 Whole was not completed | September, 1926 November, 1930, 38.5 94% 97T 95 76 67 Gen Refrac (t4%) 761 75 75 7574 during recent weeks. until eight months later. ! Established 1899 INVEST YOUR FUNDS IN lowing directors: Robert O. Deyer, Joh: 27% 20% Am Republics...... 2 X mxndm: and Herbert S. %rudt of| 96 801 Am Rolling Mill (). 144 5 G b= First Deed of Trust Notes New York City and Kenzie W. Walker,| €3 59 = Am Safety Razor (5) 1 624 624 62%| T 30w GenTheatFaquipvie 205 47 47 47w 47w [, Crediv conditions woue nob o foctor mo?he‘hf‘bvl;g:ll‘g.;;fi:nh‘:%: oo foma | AVEFBEE o 300 . W. H. Clopton, Paul L. James, George [ 23 17% Am Seating (2)...... 25 21 28% 20| 1064 874 Gillette Saf Raz(nG). 304 93% 904 925 ‘arry over the week end. While reduc | violent than in the general run of in Copper and Brass, Bearing 61,9, Interest A.'Randolph and Gibbs L. Baker, all of | 78% - 69% Am Sm & Ref (4).... 58 % TN Tas L, TaIOIThe Brothy flon_ in. credit Tates {0 smaller com- | dustrlals, In_ two of the last ‘thrse Per cent, Washington. : : 3% 42% AmSnuffCo (13%).. 1 Dl ol L e B ERE I L thatcial borewers nas been dlsappoint- | matar spward e, shown in | July, 1010—December, 1920...... 60.3 425050, DD 442"81 550,00 The new directors, at their meeting| 51% 4414 Am Steel Fdy (3)er.. 9 50 50 - 50w | 102 98% Glidden prpf (7). D rantal stock markst cradlc 1o/ oot PN Lmovementa, shownt o O s 10341 30, o L A A following the _stockholders’ eeting 49% 461 Am Stores (2).. 46% 46% 47 19 13 Gobel (Adolf).. ingly gradual, s B et the following tables, percentage appre- et g immes gl 103 clected the following ofters Tor the| S 611 614 ei| 46% 37% Gold Dust (23%) T oeht. Senioriny afiacomey | oo In the, oopper shitres hns Leen| Al 1938 Uy, 2807, is3|[| consute WELCH Reattors ensuing year: Gen. Kenzie W. Walker, | 2 264 264 264 | S1% 40% Goodrich BF (4). Toones Trokers. expect. they there whi Stras o' !ol:xe";:gulbn SRR ; e Loan Specialist chairman of the board: R. O. Deyer, 20% ER0IGIRRIG TO0S FE0% Gooa ISR IE (T0is e - le supply of funds at 4 per cent : AVONGRL L o niussviens S0 spridislsmbani v president: Col. W. H. Clopton, viee 2 286 235 | 8% 62 GoodyearTire (5)... 17 88 8ls 81i 83 |Dbe ample supply L4 Industrials. bt 00 ks i chcen relam | 1 AMNEINGY: AvaMiw; Mational 4800 president, and Paul L. James, secretary- | 238% 197 Am Tobacco (B) (8). 37 2384 235 236 238%| 99% 90 Goodyear1istpf(7). b5 99% 99 99 984 i StaTh W N Tk Per cent portant to note the close re! T rras ot i el N o 121 120 Am Tobaccopf(6).. 1 120% 120% 120%.120% | 25% 21% Gotham Silk H (33%) 6 241, 23% 24 241 | United S el, which reacl = August, 1921—March, 1923...... 69.0 | tionship between prices of copper stocks - 135 125 AmTypeFdry (8).,. 1132 132 132 132 | 114 9% Graham-Paige 1 B B8 1 (AN TR S S JSar yesterdasi | July, 1923—January, 1926 9| and those of the actual metal. The Credit Men's Special Committee. 107% 881 Am Water Wks (n1). 13 105% 1041 104% 105% 59% 51 Granby Copper (8).. 2 b57% 57% b7% b7 |‘°“ """“h" W‘"m o "g“‘ “fr:e April, 1926—August, 1929 turns in copper stocks have usually The special committee of the Wash-| 17% 74 Am Woolen. 3 17w 15% 16 161 | 41} 324 Grand SilverStrs (1) 23 44 41 43 41y | operations e e e ' anticipated, but only by a relatively tngton Credit, Men's Association, which | 39, 19% Am Woolen p e SR T b TG TR 3 1w l1sw 18w 18 ey agot pro- | AVeTgE....................... 94.6|short time, turns in metal prices. = > K % Am Zinc Ld & Sm/ 2 16% 15 15 154 rand Union pf (3).. 9 39 39 30% & 5 :sncfld-g::‘n‘otrhemveflu‘fi%wau&nm": 80% 69% Anaconda Copr (7).. 432 75% 74% 75 76 | 41 37 GraniteCitySt1(4). 1 40% 40% 40% 40w | duction for the industrv 'fi,“""fif dur- includes these members: o 40 L | .- 3L, 20 3 e ers woult wttty. a oot U= SDNIRY RRODUGTS | ALABAMIA‘ROAD?BONDS Secured by John N. Auth, N. Auth Provision . 4% 4K 4 N i therefore partially in anticipation of . S5 T Bl Risps Nutomal| G T ArmessDuiptc. § B¢ By a Bu| Jh M SUNreotohils 10 S o oe g8 | Demi B REPORTS SALES GAINS PLACED ON MARKET|| First Mortgages ings Bank; P. J. Eichhorn, Hires-Tur-| % 5% ArmourIll (A) 9 6 B mx s M muonwessw @i, 2 om o 3 mw e L e — o - 7 3% ! rigsby Grunow (2). 14 14% 14% 14% 3 ye per Glass Co.i William ‘5, Garrison, 1 0% Go% Gow eon| 44% 381 Gulf Mo & Novth. o, 83 aen ave ew 1% |Cain; Union Bacific. National Lead| United States Dairy Products Cor- sl Lo Safe—Conservative Hewlett, Griffith-Consumers Co.; John 3 7% T T Tiy| 68% b51% Gulf StaSteel (4)... 6 70% 69 6914 68 |and Motor Products declined about 4| poration reports gross sales of $24,425 , Ala., February 15—A new A. Reilly, secretary-manager Washing. 1L 83 33 80% 83%| 174 12% HahnDeptStores... 17 16 15w 16% 16 |Points cach, and shares losing 2 to 3| 693 for the 12 months ended November | lssue of $1,200,000 Moblle County, Ala., |l saxe your savines A2\ earat ton Association of Credit Men; E. H. 8297 2864 2364 238 | 1n 7l% HahnDeptSpf(8i) 1 80 80 80 787 boints incl teel, Tohns. Manville Fox | 30, 1929, as compared to $19,281,070 for | 4% Per cent bonds is offered today at | | and surplus funds Ruark, Bradstreet Co.; L. T. Watts, 3 ro 100K T0ns0n | @ g8 HAI(WE)Preiul) 294 21 sow g7 LERISCHIL SR Jotas ASOvINe ROxi ot 1928, an dncrease of | Prices to yield 4.90 per cent by a|f| ¥ork for you st Fyparien Standard Oil Co,; H, S, Moyer, J. Garey 3170 170 170 168 | 20 13% Ha i B0 187 18- te TS SR e O | L calina S 1035 Sn e 00t Pl g the highest tnter. -XpETIENCE King, Inc.; W. R. Little, The Evening S e N ey e 3 g T T T O R s e sfer| Qe somprutng TenninBrost | CL. oo in tinsneine Star Newspaper Co.; R. Jesse Chaney 51 404 39% 39% 40%| 27 22 Hercules Motor 1.80. 1 264 264 26% 27%|Stendard of New Jersey lost a pol e B ekt ShoReR A vl | HIDA T e A ent with sbeolute homes and in' the ey A I '] JB9% 81k AtlasPowder (4).... 1 874 87% 87% 89%| 105% 104% Hershey Chprpf(6). 3 105 104% 106 lo4s|!D heavy selling. fore surplus charges, showed an even o ; Rresprich & Co.| § Lo, S, e e - 238 175% Auburn Auto (34 3229 227 227 227 | 304 26% Holland Fur (et2%). 1 32 32 82 82 Other Changes. ML ICOND o 1Y | acd TOSGC AUV & OOy IHc)s T 4 4 Insurance School Planned. 8 4% Autosale © 77 T% 6% 7% 6 | 12% 7 Hollander&Son..... 5 10 9% 10 9% e ? T T o | SO sty g80000F nsusily from & five-day sales training| 21 16 Autosole 10 19 15 18% 15 20 19 Houdallle Her B (2). 48 25% 25y 28% 200 International Telephone was & strong | ber 30, 1929, an increase of 47.17 per | June 1, 1939, to 1958, inclusive. w H S i o conducted in this city,| 9% 3T Aulo-StSafRA (). 3 45% 45 45% 45| 57w b2 Household Prod(t4). 1 54w 5w 4 54 | SPOL MOVIng up bout 2 points in large- | cent. These earnings are equivalent to| The bonds, ssued for road and briage | § .Wm. H. Saun €rs Lo. Inc. under the auspices of the District of | ¢ 4% AviationCorpDel... 187 7% 6% 74 7 | 70% 52 HoustonOfl........ 33 644 615 6oe o8 |Scale buying. Vulcan Detinning shot upy | $4.04 per share on the 140,216 shares | purposes, are obligations of the entire Columbia Life Underwriters’ Associa-| 35% 80% Baldwin.Loco (1.75). 941 5% 34 35% 83%| 41% 35% HoweSound (143%).. 20 381 38 .38 39y | more than 13 points, then lost much of | of class B common stock outstanding | county, being payable from a special tax REALTORS tion, from Febguary 17 to February 21| 116 111 Baldwin Locopf (7) 10s 1141 114% 1141 115 | 62% 53% Hudson Motor (5) inclusive. Sessions will be conductad | 119% 115 Baltimore & Ohio (T) 17 118% 117% 117% 118% | 24% 204 Hupp Motor (£2). daily from 4 to 5:30 p.m. in the new| 75% 63 Bang&Aroos (3%). 4 quarters of the Washington Board of | 20 16% Barker Bros(2) Trade, Evening Star Building. 24% 21% Barnsdall, A (2). Dr.'D. A. Williams, nationally known| 99% 98 Bayuk Cgr st pf. sales educator, is to be the instructor.| 14% 14 BeaconOil. The instruction in this school will be| 6% 4% Belding-He: confined to the question of handling the | 83% 80 Belg N Ry ptpf 5.4 human factors in the selling of life In-| 41% 32% Bendix Aviation (2 surance. Dr. Williams has had five| 7% 31% Best&Co (2) Jears’ actual ‘practice in the selling of | 102} 82 Bethlenem St le insuran 40 5T% 57% b7% b |\S Bain. American Machine & Foundry, | as of the end of the year, after allow- to be levied annually for their prompt 1 22"' 21:‘ 22"‘ oo | Westvaco Chlorine, Gillette, Lima Lo- |ance for the class A’ common .at the payment and are authorized y an = 28 B comotive, Purity Bakeries, Continental | maximum dividend rate of $6 per share. | amendment to the constitution of Ala- 5, T4 T4% 75 | 181 128 Illinofs Central(?).. 1 129% 129% 129% 129 | Baking A, Bajdwin and Auburn gained | United States Dairy operates in Penn- | bama. 08 1T 174 175 17| 28% 21% IndependON&G(3) 20 21% 21 21 21%) 32 to 3 points. sylvania, New Jersey, Delaware, Mary- 145 21% 20 21 21%| 10 5 Ind MotorCycle..... 54 10% 9% 10% 10 Total sales approximated 1,700,000 | land, Virginia, Georgia and Florida. 205 98% 98% 98% 98 ( €0 30 Indn Motorcyclepf..260s 64 63 64 60 |shares. The closing tone was heavy. ———— 7 14w 14 14w 14 | 23% 17% Indian Refining. . rted 28,439,000 pounds 1o s siu sih| 40 B0 Induemasirmei. b b NEW $20 COUNTERFEIT, | ot outier diring. Septeimber, 1920, aa ndus Ray (b5%stk). 12 99 94 99 94 . P ] 33 39% 38W 39% 304 | 164 134 InsuranceSharsdbe. b5 16 15% 16 16 compared with 23,810,000 pounds in 7 87 361 361 36%| 34 20% Interboro Rap Tran.. 26 30% 29% 30% 30% September, 1928, at prices averaging 155 102% 100% 100% 102 28% 25 Interlake Iron (1) Dist. 1015 1433 K SAFE BRSSP MORTGAGES . N 6 26 26% | Bogus Federal Reserve Note Par-|the equivalent of 2 cents a pound ce as well as many years of | 127 122% Bethlehem Stpt (7. 3 1261 12614 1261 126% 1 s“ 26 . e ¥ L EXPERIENCE experience s saics insttucie 79, 74, Blumenhal pf ;- 208 T oM To 78 1172 1712 172 172 ticularly Deceptive. 7 rass (3). 53% 52% bB3% b2 1 59% 59% 594 BOu . e i i s s | 8, HYEREREG s G B 0 B B @b s memwimnn §ogl 8RR W g, o [First Mortgage Loans T nter Com! g pf. . e 484 | iny against & counterfelt $20 4 all countries in 1929 totaled 8,455851,-| 17% 144 Brigss Mfg... 24 16% 15% 16 | 92 78 g gal In Arlington County and 000, Valued ‘as 519405300 ceomma s 4% 4% Britian Brest 24 e ‘:: u‘u': “g: "0: {:3 H.r\'r-btu'g’;f}fif f 90% 90 90% 90 Reserve note, drawn on the Alexandria, Virginia the employment of our the statistical djmm' Dej 71% 63 Bklyn-Manhat “) Commerce. i o3 £7% 804 BhivnMan Tr pt Large increases for the year wel klyn Union Gas (5) recorded in_the shipments o Prancs| 23% 15 BrunsTer& Ry S. and other European countries as well | 26% 22% BucyrusErie (1) 2s to Panama and Central America.| 12 9% Budd (EG) Mfg (1 Decreases were registered in saics i5| 14% 84 Budd Wheel (1), Canada, China and South America, | 45% 29% Bullard Co (1.60). France took 362,083,000 American | ,29% 264 Bulova Watch (3), Federal .1 140% 140% 140% 140% Reset York. 81 70% 69% 70 70%| 41% 3114 Int HydroElA (63). 35 40% 39% 404 40% ;f,':’:;.lmwtflen Eg".‘.‘,‘, :‘ew"flu type. ||| Commonwealth Investment oo 11 80% 79% 79% 81 The note bears the signatures of H. 1 162 163 | 30% 25 IntlMerMarine (1). 2 278 21 27 28 |7 mete ceencures of theiumiteg Soater Co., Inc. G 25 o | 150 12 mabephEerc.o S do b ivs ta|and A" W, Mellon ecreiary of the || s s s nw, Poene Natinst 2 " ntl Pap & Pwr C.... % 144 144 144 T 1 11% 11% 11% 113| 77 69 IntSalt(s), 1 Ty N p— of Andrew |l “4fortgage Loan Correspondent for 14 13 12% 12% 12%| 119 105 IntlSilver ( o B 114% | “"Chief’ W. H. Moran of the secret The Prudential Insurance Co. Z ;g% ;g ‘g ;gu 13% ggu in:’ro;}:'r; g’()x). 634 70% 68% 704 68% | gervice division reports that this is a of America . nter pt 8t (2). 't leareies with o value‘or ssitios, | 190 $0% PumnaBrosd @) 3 afly 1016 1006 1004 | 20% 23 Interoypecorp )T 1 2aM 2w sen o D ool s it e com 308,000 cigarettes, RPPeH 1 nvestors Equity(2). 34 274 26% 27 27 . Valod &% STseats ooy, Ciew S0 43 BurrAddMach (1).. 9 47 46u 46w 47x| 42% 41 Island Creek Coul(d) 1 40 40" 40 ao7|of crisp bond paper of good quality e 2 88% 88 884 8719| 81 651 Intl Match pt (4. 68 163% 16 rin 8 19% 1 6%2% FIRST MORTGAGES for the investment of the funds upon which you want to be able to depend definitely for stipu- Over a Third e o) being of the same workmanship as the i f- ' ‘ohns-Manville % 14 1l circular letter No. 3 . $917.678, in_comparison to 201,952,000, 20 0% 204 204 21| 122" 120 Johns-Manvpf (7)..1008 120 120 120 120% | oco 1B cireular letter No. 6 AT 6% INTEREST Century added inducement of complete valued at $525,211, for the previcus year. | it gl Calif Packing (4) e L pCEIMGLe URE S € N S aM O adne i IS BOURSE PRICES. . T i inci Heard in Financial District. 24 1 CallahanZinc& L... 3 u an o T4%| 1081 108% K CPAL istpf B(8). 60s 109% 100% 1091 1081 PAR] . i Without a protection of principal. Heavy oversubscription of the Tr S9% $1u Calumet& Ariz 0). 6 84 sau soq si | 20, 18 KeufmanmDS() 1 19w 194 19w 10 | PARIS, February 15 (P.—Trading || Congult WELCH Realtors ury's offering of 850000000 in new| 33% 29 Calumet&Heo(ad). 3 30 S04 3on ew| (1% 34 KaverJulius(4)... 7 80 384 384 39 | was quiet and prices were steady on the Bl it i Doncinterest bearing DIl s reported | 1% 60 CanadaDry G4 (). 84 1o sow 9% 50| 101 "3 Kelly-aprie 2ho ) 13 100 100 1004 101 | Bourse today, Thees par cont Seleh ] wmawy Aveomw. seaimisie May be purchased in amounts T s o ol amount || SE 1108 Chneglasione S161) .. 11 216 oo mien aion ot (o (SuurEEETie.., 12 8K (8 B 8 Exchange on London, 124 francs 22 pen || National Savines & Trust Bulldine from $250 - total amount accepted $50408,000, ong | 249% 1924 Case (3 1 (8) e sy 5 gomd 32 26" 23 Hrisg 34 14 13 134 14 |times. The dollar was quoted 8% 25 ||| Reasonable Charses No Extras rom $250 up—upon our con the average price of the bills to be is- | 68% 54 Caterpllir Trac13%. 10 €y " « 40 B9% 57% 584 584 | francs 54% centime reni i ' . el o e ittt e S L . e ggk gft g?;: 23 20 KinneyGR(1)..... 8 23 22% 23 2234 venient partial payment plan Basil C.’ Linthicum hes joined the | 27% 24 Cent Aguirre Asi%. oL S8 Kinney (G R) pt (8). 208 1 24% Teal estate stafl of the Washington | 34% 30% Cent Alloy Steel (2). 23 a4n sar o 24%| 44 1% Kolster Radio.. 3 84% 331 33% 33% | (o 38, . icil Your Propert: to show slightly over $5 a anare in| 66% 59% Cerrode Pasco (6). 5 63" 63" g5 Ao S ORI RN Whether Pl: ent,C :l" e i - ollections output during the year of about 11 per | 50~ 36 CbeckerCab (4303.. 45 404 48% sem sor ot = cent, according to the Wall Street | 237% 203 Ches&Ohlo (10)..,. 1 281 Journal. 76 31 5% earnings during 1929 and a gain in| 15% 11 Certain-teed Prod, 1o 16 1os 14| 2% 41% Kroger GraBak(ai). - ; 10 231 231 233 2 6314 Chesapeake Corp (3) 9 - L % 84 84 During 1929 a total of 3,441,629 auto- i 20y Ay 107 105" Leh Port.Cm pt (1).".1008 ANE 1N L) N IVEL S A s B. F. SAUL CO. National 2100 925 15th St. N.W. 14% Chi & EastIll... 1 mobiles were financed by 411 organiza- 3 42 4% 424 42 Lehigh Valley Coal.. 9 tions, who advanced $1,586,819,550, ac- 2 16w 1a% 14% L ieessen. 1 THE DAY RECEI VED ERE IS NO SUBSTITUTE F 4 nes % 25% 25% 25% i T —_————i e — 273 The balance was unclassified. 128% 1147 ChIRI& Pac (1.0, 6 124 126 124 150 P LD 2 solution of Ownership Problems, such as refinancing rosperlty ea 67% 57% Childs Co (2.40) s Gae et 2uf 2| 64w B2 Liquid Carbonto(6). 1 your mortgage, repairs, insurance, etc. F héBond 415 33% ChryslerCorp (3)... 184 381 8374 sop oo Siik 454 Loewn 100 (8)....., 35 % HE year 1930, a little more renc onds B 38 Clnrk Baoiponent () § o % 8% 8| 64w 504 Loose-Wiles (14032 3¢ RANDALL H. HAGNER & COMPANY, . : 147% 133% Coca-Cola (4) 31 37 37 | 264 16w Lorillard (P) Co. 29 than a month old, is off - e A 3 14T%4 147% 147% 146% | "9 814 Loutsiana O, . 6 S Mortgage Loan Correspondent BY GEORGE T. HUGHES. 858 4% Collins&Atkman.... 6 8215 31% ‘321 SI%| nors st Ioute on Df (6%)... 308 E to a wonderful start. The Fed- ool et LrrRE b o e e 165 56%| 421 384 LouG&EIA (1X).. 46 New York Life Insurance Company eral Government is taking the W i 0 e ctors R ‘el W 0 the Bank of Prance reduced the redis: 1009 166 Coremparaph ($16). 165 0% 204 20M 20 % '35 Lodium Bves 1) 1 1321 Connecticut Ave. N.W. Phone Decatur 3600 lead in huge expenditures for count rate to 3 per , makis " umblan Car 1 179% 177% 17" 7 o e 13 Dze %;1‘: nnn:: 1&:35 B Bk e e - o laZ“ 179%| 95 95 MacA & Forbpf (6). 30s public improvements. If we g 30%| 38 35 McGraw-Hill (2) 3 mony to-the recovery of France of its| 40 31% CommCreditA(3).. 1 40 40 40+ 39% old-Gme preeminence as a financial| 24 - 3 GomCredicsf (). 208 2 20 24 2| 1% g% MelnreBoroM). 1 genter is duplicated by the advance in | 55% 0% ComCraistof (6) 10 86w sow asw som| 4o, S5 MCKDOrtTE(MK) 11 French dollar bonds listed and dealt in| 85 7T ComCristexw6}%. 10s 83% 831, 831 85 may prophesy, the year will bring handsome returns to - 3 those who put forth their be:t on this side. AT%: 90N COI Iy TEAR180): 2048 -\ 47 “amie 4T efforts, and prosperity to the 324 27% Comm Snl k- 30% 2% 17 3 i a0 s (o L e it Bowar 10}, i s : ou Are ove the Average District of Columbia and out- fost because the administration at| 151 1 Commoloui e o AT i el Man Eley mod (a8y.. 1 | lying territories. as| n objected to new bond flota- ' 6% 5% Maracaibo Oll Ex; 1 ity ini ife i tions for any European debtor which| S0 45 ConEressCer (15%). 3 51 504 50w 54w| o7a 20w Marmon Motor (2., 3 An unusual opportunity of obtaining life insurance at In Washington the opportunj- Bine piog counie &> jerms with America 88| 25 18 Consol FimpE(3).. 2 59 sa% oo SoB| 46% 374 Mathieson Alknlt B 20 a lower cost than the average is presented to those who ties for investm~nt in the war debt an ond, after y. 61% 49 May Dept Strs ( . . 2 obstacle had been Temoved by the rati- | 119 96% ConsolGRaN Y (6). 411 119% 1174 117 110 | Sk su Bayienerr ) 3 can qualify as members of the Preferred Class of policy- financing of bui%ing enter- fication of the Mellon-Beranger agree- | 100% 0% Consol Gas N¥ pf (6 100100 100 100w | g3, 76 Maytag Colstpf(6). 1 1 d by e H Life Insurance Company of prises have never been better, ment, because France no longer needed | °) 4] CORSOITR WD) 1 88 58 68 57 | 13 1w Mengel Company (3) 1 holders created by the Home Life Insurance Company With the city’s growin, outside financial assistance. The re-| % 3 Consol Textile 0. L8 1% 14 14| 31 16w Mexican Seaboard... 30 New York. Through a careful, scientific selection of | e STOWing pope sult has been a steady rise in the quo- 123+ 12 Tontainer Cor At 3 18% 184 18% 18%| 35 26% MiamiCopper (4)... : i 5 H o | ulation and a greater need for tation for French government securi- i DB... % T 7% TW| 74y 53 Michigan Steel (214). 34 risks, the members of this class are above the average in ties, which are now selling at the high-{ 48 39 ContlBakinga..... 188 50% ‘::: 50% 48 28 25 Mid-Continent P (2), 11 places to live than ever before, 6% 6% 1% 1 Middle States Ofl..., 11 no better opportunity for ine vestment is to be found in ‘Washington than the sound, est since they were first offered to the | 6% 5% Contl Baking American public. .* 94 88 Contl It is not s0 many years ago that| 63 ~ 50% C°nfll Sk these French dollar bonds were quoted | 34% 28 Cont b on yield bases all the way from 8 to 10| 71% 59 Cortl Insur (2.40) occupation, environment and physical condition. O 93% 93 93% 93%| 4w 3% Miller Rubber. 57, 54 62 '60% 60% 61| 110 103 Mil ElR&L DL (6)... 108 15 31% 304 30% 30%| “19% 12% Minn Moline Pwr. 16 The coupon below is for your convenience in securing 4 1% 704 704 70% 2 information about this unequaled opportunity without any unfailingly safe 6 per cent % 6% 5% Continental Moto 11 6% 64 6% @ L q PR Y 2! Expreied as to the satety of the prnel,| 234 21k ConuONofDell. 15 2lu 204 2o 21 e obligation on your part. First Mortgage Notes sold Today the French 7i4s maturing | 3% | 27% Contl Shares (1 16 37% 87 87 am% 3 A n 99% 87% Corn Prod (13% June 1, 1941, sell approximately at a premium of 20 points above par to gg% gg}: S “5:’! yield not much over 5 per cent and| 0% T34 Treamof FLCHE have lost all speculative quality, being through Swartzell, Rheem and Hensey Company, Not a penny in_either interest or princie 21 95% 95 95 95%| 60 49 MonsantoCh (g1%). 1 ;0 23 20% 29% 20% 29%| 49% 38% Montgomry Wrd (3) 134 ) 1 28% 284 28% 28%, 9y 3% Moon Motors 16 1 16 16 16 16%| 72 58% Morrell & Co (4.40) 87 10 10 10 17%| 65 b4 Motor Produets (2).. 18 17 Crown Zellerbach 5 pal has ever been lost to the g:g;g,‘gng:';m';,:,;;";,m;";-um 924 86% CrucibleSteel (kB).. 5 904 89% 89% 80 | 20w 26% Motor Wheel (3) . 1 H. R. Bryarly & Brother, owner of these notes. the reluctance of the rank and file of | 2% W CubaCaneSugar.... 1 % % % 1 | 204 124 Mullins Mfg. 13 Hide Lito c £ Now Yoek investors to buy bonds selling much| 13% 9 CubaCo............ 12 14 13% 14 18%| 24% 18 MurrayCor(b2 6 ome Life Insurance Company of New York, ‘And the fact that these notes ahove par. & DeCobanAmerSumir. € 8K 84 84 Skl 5o 51k Nash Motors (8)..e. 87 1001 15th Street N.W. Prench 7s, the other government is- el ikl KA N can be purchased in denomina- tions of $100, $500, and $1,000 make them available for any purse. They are here mnow awaiting you. SWARTZELL, RHEEM & HENSEY CO. - MORTGAGE BANKERS 727 15 STREET N.W, i# WAOlzll‘_QT_Ofip.zQ./ oo™ ! 45 45 45w 120 113 Curtis Pub Co(16%). 1122 122 122 120 T i hich here are active dealings, | "o 6% Curtiss WrightCorp 10 104 = 9% o% 10w kewise ell far sbove Parand 28 pointa| 17 13% Curt WrightCorpA. 25 17 16w 16k lew G e oW O 1925, when the finAD- | 73y 64 Cutler-Hammer..... 21 76% 78% 764 8% By o who Boulit ‘Preh eonds as] 38 ' AN Davison Cue. .. 4 33% 33% 33 83k e e e Tt French onds 8t 181 161% Delaware & Hud 5 177% 176% 176% 178% after the war and who hee neld Yoars| 153 136 Del Lack& W (17).. 85 148% 148% 148% 148% ever stnce has enjoyed a handsome too| (75% 60 DenvaRGWof... 1 4% 74% 4% 4% Turn on Rl Ivestoyent Bnd moa kasta| 168 139 Diamond Match (8). 1008 168 158 = 158 158 Proft on bis principal. In one way of | 24% 20% Dominion Stra(1.20) 10 22 another the strong mzlon;,. {kl!ln the Strong corporations, come back fnan-| 3, gy, DulutnSS&AUDE. 1 8 8 8 2% cially and tndustrially. 1001 974 DuplanSilkpf(8).. 10s 98 98 98 98 -— —— 181 1124 Dupond de Nem ( 125 125 1274 The United States imported 4,929,171 } 117% 114% Dupontd Ndeb (6).. 4 116 116% 116 1163 pounds of cheese in October 8s against ' 205 175% Eastman Kodak (8) 58 204% 198% 198% 205 18744217 pounds during the same 36% 27% Eqfon Axle&8(3).. 2 35 35 35 35% j-month & year ago. 10% 7% Eilington-Schild.... 1 8% 8% 8% Ok Washington, D. C. . Please let me have full infc;rmation regarding your Preferred Life Policy. Name . e vidis o x I 3 Date of Bigth. .. .. oesee s OCCUPRITNL oS iviit et i {