Evening Star Newspaper, March 7, 1930, Page 13

FINANCIAL! i THE EVENING STAR, WASHINGTON, D. C.' FRIDAY, MARCH 7, 1930. RICHMOND RESERVE| ™ NEW YORK STOCK EXCHANGE | R Y SURVEY FAVORABLE |z s s s s e R T Insurance Company of 1 38% 27% Contl Shares (1) 12 35% 354 96% " FINANCIAL. *xx A_13 PP We Solicit the Rental Management of Your Property Whether Apartment, Residence or Business Prompt Collections RENTS REMITTED the District of Columbia On the 3ist day of December, 1929, as re- T, quired under the District of Columbia Gode, Smended” Jtne S0, . and August 18, 1011 354 99% 874 Corn Prod (13% % 941 Gatial 2%k saia v i : Credit, Business and Agri-| Sy~ ntidit, w—k 1433 Market Has Firmer Tome| > o 2 : THE DAY RECEIVED bagongt & 30 25% . n e Y culture Declared in B A firmuss. S B ?Ei‘. After Wave of Selling Our Rental Department is Most Complete and ‘Adams Expr % 33u 33 . ‘ : : . o A Good Condition. 254 117 Advance Ramiey. o dov 1ew| S 4 o in Early Trading. Efficient. We offer co-operation at all times in the solution of Ownership Problems, such as refinancing 37 84 37 84 e % w| 114% 110 and fixtures 4 114% 1 1 & %W ¥ 14 R Y : o S mort, rs, insurance, etc. By EDWARD C. STONE. L5 ansie st 137 10X e W%| Y sTanEy w. PRENOSIL, Total sasets .. reeer STIOIS133 o gage, repairs, s iy 2 neial Editor, Details on credit, business and agri- g 9 2 2 2wl g % % 8 Assoclated Press Fina LIABILITIES. culture in the fifth Federal Reserve 2 % TKTH 132 2% 1% 1% 1%| NEW YORK, March 7— The stock | Net unpald claims .......... s24m00 RANDALL H. HAGNER & COMPANY, Glriy taken from i L Tl B 45 44%|market, after an early period of hesi- | Saisries, Tents, exvense 200000 Mortgage Loan Correspondent the Bank of Rich- 6 104% 1034 1084 1000|127 6% Curtiss Wright Corp. 172 12% 124 124 g in today in| S ctnes Soibitt 200.000.00 . 2 loaw oan ou 93| jge 0 Curties WrihtCorp. 172 12% 1%% 12X 12%|tancy, moved upward aga! y in| Al other liabiitties 10.000.00 New York Life Insurance Company mond's monthly report, just re- ceived here, state that on the whole the developments of the frst six % 265% Allled Ch & Dye(né) 3 270% 268 268 270 115 111 Cush: . 49% Allis-Chalmers (3. 102 63% 624 63% figg. 84% 64 C-‘:(-lam. 'spf(7)... 10s 116 116 116 2814 Alpha Port Cemt ( 3% 28% 3% 24l 4o i iste csiis (Zh B 1E% 18 | 1214 117 Deere & Copf (1) .$297,644.64 £ of business tran: 4 525 Fire, Windstonm Grelgne. oF Breakage of Piate Glass and Mir- 115 |response to easing credit conditions.| Total liabilities 83% |and signs of improvement in some of . 37% ing industries. Buying orders 7008 125 120 125 1208 | were disirjouted over a faizly broad 1321 Connecticut Ave. N. Phone Decatur 3600 rado, Bre . id Aute ] The S AARou] Gl S 1% s Tw| 153 135 Dol Lack& W (1T).L 1144 144 144 143% |}t but the amusement, public utility, | Amodnt of sk assumed durin weeks of this year 94 30 29%| 75% 60 Denv&RG W pf. 1 72% 2% 2% 1 and food issues gave | the vear 19: .. $19,501,445.00 e compare favorably T Am Beok Note 013 30 204 2. Eais| 250% 196% Detrolt Kdlson (8).. 8 241 239 241% 243% | e e onstrations of gfoup | Losss 2 ne 1888 i e '-‘“"ug“ e 61 Am Bank Notepf (3) 50s 61% 61% 6l 61% s EL:.“:“.‘;?..““&? i 166% 163% 166 164 | strength. Fifty or_mare stocks again | Maney | fecsivéd " ditine e il SSAFE FTRS'T MORTGAGES year. Spea - * . 0k nd on . . fectively, Chairman 11w 10 0% 30 | 20% 204 DomintonStrs 130) 4 21% 214 218 21 |Toved o BeV P 10 e saiivn 183 V. Woliion e 7 5otk 49% 0% ikl 80% I DrugCorpmé)..... 41 86 85 S8 S| while some dissppointment Was ap-| WAL PAYNE Jr. " President. b 514 b1 514 G3% g T 1ion.q2en 128 118" | parent as a result of the failure of the ‘and sworn to before me this LIBERAL RETURN ON in the district ‘are in a more satisfac- tory condition at present than they Were & Year 8g0. R. Jesse Chaney. Their loans are Jower this year, and their deposits are o) otk *| 118 114% Duj N Subscribed. 118% AmBrS&F pf (1).. 10s 127 127% 127'% 128 pont d N deb (6).. 119%'118 119% 118 1 Reserve Bank direc- | 4th day of March, 1930. oF ha: 1% i 14 100 lem| 57% 444 Durham Hostery pe" Gos 57 b7 57 7 |HOW SO BT O ate: folowing | (el 8 W N EARNSHAW, 160 144 1411 1414 uin égr. lgg;/; ‘mhm‘::ou':munn;. 3 zzav‘ 28 28% zf?::‘ a lowering of the Bank of England NotaryFonto. 2 78% 78% T 17 stman Kodax (18) 8 222 2173 219 % | charge yesterday, the opinion was ex- 4% 44% 4% 44%[ 125 120% EastmanKod pf (6).120s 123% 128 123 124% | prested n banking e o ihat Ped.| STATEMENT OF THE CONDITION 28l 27% 284 27| 37% 27% EatonAxle&S(3).. 3 341 338% 383% 34 lera] Reserve offcials would follow an 3 Goc 9l 9% 93| 105 1" Eleo AutoLite (6)... 6 102i3 101% 1014 1024 | Cits creair policy through the purchase| Guardian Casualty Co. A CONSERVATIVE INVESTMENT One of the very few forms of 8% Am Brown Bov El o 7 y 36% Am Chicle Co (12%). 10 26% Am Com Alco(ni.g0) 7 also down somewhat, but their bor- 97 97% 974 98 | 110% 106% EIl Auto-Lite pf (7).. 10s 108% 108% 108% 108% Yernment securities. A g e eI half, Whils thelr 107" AmA&Torn bws peCy. 1 100% 100% 1008 108 [ - 7H 4% Electrio Boat...coes 5 64 6. 6 fawer sediacount rate 1s expected to fol- of Buffalo, N. Y. investment where you can place approximately cut in half, W o 19% Am Hawallan 8 8 (3) 2915 28% 28% 20%| T4 49% EIPwr&Lt(1l)..... 87 72% T0% 70% low in due course. The Reichsbank | on the 31st day of December, 1929, s re- investments, reserve balances and cas| 55% Am Home Prod(4.20) 65% 641 65 64%| 79% 69% EleoStorageBat (8). 2 73% 73% 73% 75% |reduced its discount rate today from | auired under the District of Columbia Code, vour money for a term of vears In vaults show relatively little change. e 574 36% 86% 37 | 6% 39% EngPubServ(:l).. 66 58% b57% 57% 574 |6t 51, per cent. Directors of the Chi- | amended June 30, 1902, and Ausust 18, 1813 y Y ; Y e Tir ne Uk e cakhrenerven | 7% 3% ATUINEHERtMNEE) W dgk v dow| 020 944 Buspubsvopr ) 4 sme 9N 8398 lCag Dedoral Reserve Bank made Do | Sanial Mook, o 1:990:000:60 —sure of a definite income from and the ratio of reserves to note and o mtiiise | 3 o ot 08 ODQ| OTH TN MEOWB INERE (Ao ‘ g5 |chauge ki the & per ot xage. . ABSETS. s, Jwiia higher. %' Am Plano. . % 34 1% 14| 80% 18% Evans Auto L(13%). 25 [ e T e commission Houses. The | Stocks and bonds (market, value) 2,090,548.71 Debits to individual accounts figures 77 Am Power & Lt (£1) 108% 103% 1074 10316 9% 4% FRirbanksCo...eee. 5% | terease of $04,000,000 in Federal Re- | F'Sondi, Uncollected and in ") o 1g s 61,9 FIRST MORTGAGES in the leading cities of the fifth district 100 Am Pow & Lt pf (8). 1031 103% 1031 103% | 39% 15% Fairbanks Co pf.a. 19% | serve brokers' loans last week appar- | Interest due and nccrued 31.480.84 ver a Third have been running behind the figures 6 80 AmP&LDfASt(5). 851 B5% 85l 854 | 40% 341 Fairbanks Morse (3), 32 45% 42% 45% 42 |ently reflects increased marginal buy- | All other assets: i A for the preceding year since last No- 30% Am Ra&Sta San1%.. 35% 84% Bd% 85 | 27 20 FashParkAsso (3% 6 24 23 28 28%|noana DI b come distribution by | COro o e Y There can be no decrease in vember, but probably much of this de- 201 Am Republics. 5 27% 26% 26)2 26%| 96 91 FedLt&Trpf (65.. 10s 92% 92% 92% 92% mz’ manypwou which have been or- Total assets .. $2,970,564.14 of a = G x crease s due to lessened activity in 8014 Am Rolling Mili (2). 5% 93w 941 94 | 12K 7% Fed MotorTr(80c).. 1 11 11 11 ised since_ the first of the year. P the interest, and the principal is , stock trading this year and is therefore 17% Am.Seating (2)..vees 24 234 24 23%| 37% 3214 Fed WatS, A (e2.40). 4 36% B36% 36% 86w | EPGIES money renewed at 4 per cent|Net unpaid claims . G Centur not_indicative of any material decline 1% Am Ship & Com. 12 1% 1% 1% 1%| 81 664 Fid Pho Fire ¢ 13 82 sok 82 sow |, Call money SeRCRCL 8 to 335, The |Reserve as required by y surely secured by real estate of in ordinary business payments. 83 Am Shipbuflding (8) 108 94% 94% 94% 93 33% 26 Firestone T&R(: 4 284 28 28 h ‘y'mon" and bankers' acceptance Salsries, rents.” e & Savings deposits in both mutual sav- 69% Am Sm & Ref (4)..., 20 76% 75% 76% 76%| 86% 79% FirestoneT&RDI(S) 2 814 8% 81% \arkets were quiet, with the undertone | Commissions. *brakerage, Without a careful appraised value—mak- ings and member banks are higher than 42% Am Snuff Co (13%) o 43% 43 431 43 | 61% 50% FirstNatStrs (3%). 26 56% b6 55 g | A & Capital stock .. s Lot A . year ago, testifying to large purchas- 154 Am Solvents Chem 224 19% 22 204| 4% 3 FiskRubber,.. 8 3% 3% 34 e Soples’ Gas ran up more than 9 | Aktimated cxpenses of inves ing it an ideal, care-free invest- ing power in the district. 2% Am Sol Ch e Bt (3). 8 8 33 3%| 20 13 FiskRubberlstpl. 105 164 16k 164 polnta to & new high at 266 Vulcan| gation ...’3 ailustment of Loss ? § Fay llans y 5 in a 544 " Emmermen Lo St | (15 03 ARSI 0t e e | g g, pelueneRell U gy 4, o, | B bl ) ponts x| oS ment. €1 f 3 A . farion “how than in February, 1929, T o o | Bon o oo s’ 111 30w 4% 34 34u|7and Lowes, Johns Manville, American Total Habilities May be bought in amounts 11 86k 4% 34 34| BT X Tight, General Refractories, | character of business tramsacted during ButTprosgenis {00 MGRN Nt ooal T 3 etk T (IS 41% | Tuid Carbonic, Jewel Tea, Worthing: | tne sear 1o26: Liahiiiy, colifionproperty 4 ved during the past month. Coal 30 241% 2391 239% 240% 95% 90 Fuller pr pf(i7.94).. 30s 95% 95% 95 d 3 fon. “Blate glass, burgl Production continues at seasonai ‘Tevels, 2 22 o 330" sa0" 40| 9 o3 Gatrta ;f..;'. et x‘x: ss: gy | ton Pump, Fairbanks Morse and . X ana et Toreery. Aircraft, cfedit. elevator, and with relatively low reserve StOCKS | 546 197 Am Tobacco (B) (8). 17 244% 241 242% 244% | 1615 12 - Gen Amer Inves 14" | Maey sold 310 6 points above yesterday's | pdsiity and surgt; accident, health. . d el on January 1, the for falr { 35" 120 AmTobaccoDf(6).. 2 124 124 124 124 final quotations, many of them st the o y m‘m D! 108% 99% Gen Am Tnk Car(34) 10 107% 104% 107% 10« ing the ¢ 3 $808,768.41 few months | 175y “sg1 Am Water Wk (nl), 20 108% 106% 106% 108 B8e | year's best prices 1.821,950.95 from $250 up. B. F. SAUL CO. are at least equal to those of last year. 19% Am Woolen pf...... 11 38 38 38 39% i e - Tpre Expende 314, ‘Tobacco markets sold comparatively 20% AmfE Writg Papf(d) 2 42 42 42 42 i STEEL INGOT OUTPUT. e s "‘5.‘1-’,'13’::?;‘}&“‘“ i : Jarge amounts of tobacco in January 8% AmZine Ld&Sm... 10 14 13% 13% 14 33%4 in-| Subscrived ‘and_sworn_ o' Setore e this National 2100 - 925 15th St. N.W., for prices somewhat above the January, 69% Anaconda Copr (1) 6% 4% T5% T4 721 | NEW YORK, March 7 (P)—8teel in- |, SipsgiDed $05, 05 o8, 1929, vrlc-“x!m' most tm.ry'l'flnfl &; ;2 ::nona& w&c‘ :!).. ; :xl;;/: “1;;4 ‘f“ 4gu 59% | got production in the United States last | ~ (Seal.) NORRIS 1, SCHEIR, | bacco manufacturing indust: chor Cap 4 4 42% - 2 o7 T b ffth district grew more in 1929 than B0 AndeoCopper (8).ta: 1~ 8T 3016 3215 324| inp 1 b g e b o Aol o ST THERE IS NO SUBSTITUTE FOR SAFETY the average for the Nation. =58 22% Archer-Dan-M (3) 23% 24 22%| 56% 464 Gen'l Food Corpn (3) 17 652% 62 52 52%|today. This represented an increase of OF THE — — s T — Retail trade in January was better 716% Armour Del pt (7) % TT% % 17 7614 64 GenGas&EIA (te2). 3 69 68% 69 69% | 291 591 tons over January and compares Biitisle: Amest == than in the same month last year in Maryland, the District of Columbia, and irginia. . Wholesale trade re- : we“uuvaoml gains in January busi- Shoefh Bh sK|i00 104 GenG&ELptA (7). 108 1074 1071 1074 105% | with 4326000 tons produced in Febru- : enltal Edw.ias6l 4 41% 41% 41% 424 ; ast month were 2 60% 60 601 60 | 55u 50 GeneralMIls(3)... 1 50% 50% 50% b1 :{y'ml_fg'p.," e e Assurance Co. % 9% 10%| 45 374 Gen Motors (13.30).. 88 43% 41% 42 42% | Contrasteq with 9191 per cent in Feb-| o 4, QF TORONTO. CANADA ness over December, but was a little 4% Art Metal Const (12) 1 27T% 27% 27% 28 | 123% 1171 Gen Motors pf (7). .. s re- | lower than, the volume of trade in 364 AssoAvplind l)... 6 434 42 4% 41 | 17w 16w Gen OotaAdvia 5. 2 low ‘Ton ew Tbv | TusT: 1929. Sended June 30 2605 and Ausust 18, 1911 January, . 2! 880 « 42% 41 49% 32% Gen Public Serv (b6) 23 46% 44! 4l 45 - 2 Th:'::’mlifim:' :x'xl the wg‘xtmcnon nel: z.l;;w ::;,’?f.','.'f‘,:}"' i zgm o 2:;» 55| 97 864 Gen Ry Sigmal (6)... 10 94% i 9% 943 SILVER QUOTATIONS. Deposit capital .. ++ee $200,000.00 with the past several months. ts Gt AUG W indles.... 2 70 0 70% 10 | ig% 30% GenTheat Bqulsvis 65 4l 3% 4dts 4d | o NEW,, YORK, March 7 (F)_-Bar | comn in pank.... A0 s208231 81 issued in January exceeded in valua- 36% Atl Refining (13) 260 446 42% 43% 42| 106% 873 Gillette Saf Ras(nb). 99 98 96 96 97 |Suver, 41%. Mexican dollars, 30%. Stocks and bondy (atket Vlu¢) 3,306784.47 tion those of December and aiso vere 81% Atlas Powder (4)... 2 90l 90 901 89 | 15 1lla Gimbel Brothers.... 67 16% L% 16% 14| = ————————————— Piinums oeqlected and in oo 15260 larger than figures racts’ actomt ~ 175% Auburn Auto (34)... 25 239% 229 288 232%{ 70 66% Gimbel Brospf (7). W W W STATEMENT OF THE CONDITION Interest due and accrued oL T11,964.93 o s year, and figures for contrac ly 3% Austin Nichols. ... 4% 4% 4% am Glidden Co (h2) 34% b A Eaae: Remwuratice o Metropolitan Life Insurance awarded last month were at approxi- ‘Austin Nichols pf.. 2 M h M 1 paid losses... ... 102.00 mately the seasonal level. 4% AUTOSAIES. ..evsrnsor 21 erchants Mutua Total assets. 3,922,235.90 C Cotton Outstanding Weak Spot. 37 Auto-StSatRA (3). 2 4 Gold Dust pf (6). Casunlty Company e ompany s s Suntevrsbis Saits 4% Aviation Corp Del. T Th Tw Th| 51% 40% Goodrich B F (4). y Kot unneid’ sigd e 1n the dituation 1 the Afth district are 30% Baldwin,Loco (1.76). 11 36% 35% 36 85%| 58% 62 GoodyearTire (5)... 22 £7% 86l 86% of Buffalo, N. Y. Reserve'as required by Taw 1,700,732.16 the low cotton prices and -short 111 Baldwialocopf (7). 30s 112 M2° 112 11¢ | 100% 90 Goodyearlistpf(T).n 3 99% 99 99 On the 31st day of December, 1929, as re- REAL ESTATE LOANS 1ds cotton in certain sect of 115 Baltimore & Oblo (7) 48 118% 117% 117% 1I7 28 21% Gotham Silk H (2%) 29 27w 27 27% quired under the District of Columl Code, | Com: Cardlinas, the poor demand for oat- 107 . Bamberger pf (63%). 30s 710 110--110 ° 108%| 70 68 Gothampfexw (7)..30s 75 Td%. 756 T smended June, 30, 1902, and August 18, 1911. Efim stock ton textile products, an increase in com= 63 Bang & Aroos (3%). 4 74% 74,74 74%| 12 7% Gould Coupler. 1 9% 9 9% Surplus ..o AVAILABLE mercial failures, and & marked de- “16% Barker Bros(2)<....1 19 19-.19 19 | 114 9% Graham-Paige. 3 9% 9% 9% 9%/ cash fn bank . $741.426.82 A eaco! .. % 3 .o MOV By - e O e e $1% Beatrice Cream (4o 2 71 75 17° 71°| 46 324 Grand Siiver Strs (1) 12 461 43% 46 43% | T Hends or ‘Meete . oLt 529, Characte it busines transacted diring Long Term Low Interest Rates B ot e, and’ S s 4% Belding-Heminway.. 5% 6% 6% b5%| 20% 13% Grand Uniom........ 12 20% 19% 19% 19 |Interest due and accrue . nado, hafl, sprinkler leakage, riot and barcel fave been felt, in othér sections which Wo s NIy ppchats A tnc Bn Bk a8 ] G0 Gttt W% 4 %[ ot suse IRIRTOUEE | A eunt: o vk ans Consult endix Aviation (2). % Al 45 46 ranite Ly - 3914 il Y have business dealings with the affected 3 35w 38" Son- Sew| 43 832% Grant (WT) (1)e 34% 341 34 e e $354,253,570.00 ar--s. . ‘5 " Losses sustained d The Eastern counties -| 108% 92 Bethlehem Steel (6). 234 108% 1v0 103% 1003% | 100% 95 Grt North pf (5). 929 e e e oy oasted by | 1274 122% Betblehem Stpt (1) 2 128 12735 128 1271 | 994 904 Grt North pf ot (33 6% 828,137.99 1 6 341 LL 5 97% 97% 97% 97% | Net,apald, Clsime 3 3 94 | Salaries, rents, expenses, taxes, dod” 2,196,307.21 WESEERS 47 Bohn A) & Brass (3). 3 b2% 81 0% 82| 28% 19% GtNe 1K), 4 20w 22w 2% 2o | ete. i 3333498 | Expended dur = mmfi“&m“mfi'fl?‘; 70% BonAmIA ()see0ae 5 7L 70 704 71 | 4% 28 Grt WestSug (2.80). 10 33% 33 33% 34 | Gash dividends rem o BRITISH ALERICe ASSURANCE ! B e Neen aaatl 14 year, bat some 60 Borden Co (k3) 126 72% 704 7234 70w | 7% 1144 118% 118% 118% 117% Snre United States Mansee ties in North Caro- « 32% Borg Warner (4).... 10 46% 45% 46 45w | 22% 12% Grigsby Grunow (2), 28 16% 16 16% 16 Total Nabilities 3292174464 | v, 3 BROADWOOD, b * P R ity as'hiarg hik. 99 Boston& Maine (4).. 2 106% 106% 106% 107 2 1% GuantanamoSugar.. 24 1w % 3 Character_of business transacted during Assistant Treasurer. 809 15th St. N.W. District 9486 i 1 Toatber Satks held 134 Briggs Mfg. . 21 14% 14w 151 14%| 46% 381 Guif Mo & North. 6 43 42% 43 the" Sear “1936: Automoblle;” compensation, | | Subscribed and sworn to before me this by the Federal Reserve Bank of Rich- o BlW BriggeSireson (91,03 81 27 3 sl 58 B4, OuiMORNEE(E.. o Mok 2 U T T e S L e decl! P % BritEmp Stllstpf.. 208 27% 2% 27% 25 % Gulf Sta Steel (4) o 2% . S 2 4 m”“,dm,fifl.?dg'%“fi; oaLry 05 British BmSU 34D 1 4% 4% 4w 4w| 28% 28 Hackensck Wpfi%k. 30s 28% 28% 38% "51,301,487.41 N PIeg s Mo Dork, Covunty. o Sertin. Mortgage Loan Correspondent N o vear. and on thi aSer 13 BrockwayMT...... 2 15% 154 15% 15%| 17% 12% Hann DeptStores.., 7 16% 16 16% 16% | MIBS3 28882310 | 30, Tosp, 1+ Commission expires March Metropolitan Life Insurance Compan; e itated. 15,850,000, "or 428" per 63 Bkiyn-Manhat (4)... 22 78U 74K 75 75 | 204 24% Hall (WF)Prg (mi) 1 20% 2% 24% 24% | Exvended during e Joar 1gid: LOLONTS Vs pany S e 0 ebrusry 15 last| 904 84% Bkiyn-ManTrpf(6) 4 0% 90 90 90| 90 85 Hannapf(new) (7). 30s 87 874 875 904 N o W. H. Walker %] 134 10 Brooklyn&Queens.. 6 1% 114 11% 11%| 61 59% Harb Walker (12%).1808 59 59 59 L i ana agsuximatel f last month's | 178% 131 Bkiyn UnionGas ) 3171 171 171 | 20 1% Harcmas Gerp B 130 Totp o™ Mo T e L oo ber bank| 42 40 Brown ShoeCo (3) 2 404 40% 40% 40%| 9% 6% Hayes Body.. T b rescrve bank was in| 24% 13% Bruns-Balk-Col. 17 22% 19% 21% 18%| E8% 70 Hershey Choe (5) o '; T v in the larger| 23% 14% Bruns Ter & Ry 8. 2 18% 18% 18% 18%| 91 83% Hershey Choe pf(15) g o I e s | 204 22% BucyrusErie(1).... 4 28% 28% 28w 28| 105% 1043 Hershey Ch pr pf(6). . The bank increased its portfolio| 4ys] 334 Bucyruscvpf Q%) 185 404 40% 41% 4lw| 264 15 Loe (R) &Co....... g‘om market paper w:z.m. -‘;‘ 112 107% Bucyrus pf (7)...... 208 110% 110% 110% 110 87 26% Holland Fur (et2%). .3 per cent, last month, f 0;0“' 18% 9% Budd (EG) Mfg (1), 23 12% 12 12% 124 29 19 Houdaille Her B (2). 105 26% 256% 26% 25% of this character dropped $1,612,000, O | 145 8y Budd Wheel (1). 18 12% 12% 13 51% 50% Housed F pf t3.12%. 2 50% 50 50 49% 10.2 per cent, during the year. ;z ';; gug:gulqu!. H fi :z 80 82 73 60 521 Household Prod(t4). 10 60': 60 60 60 u usque ctfs 2 80 80 g0 80 | 81% 52% HoustonOfl........ 107 79% 76% 76% 77 184 Commercial Failures. | 88 15, QUNUSOTUTCO)" " 50 ow 53 59w sow| 41% 35w HoweSound (14%).. 1 9% 38° 38 aa Business fallures in most years a'e| 3¢y 264 Bulova Watch (3) 32% 324 32% B32%| b1' 46% Hud&ManRy (3.50). 1 48 48 48 48 at the highest point in January, due| 150 93 Burns Bros pf (1) 99% 99% 99% 99 62% 53% Hudson Motor (6)... 10 57 56% 561 b56% to the strain of year-end settlements,; "517, 43% Burr Add Mach (1).. 40 50% 49% 49% 49 24% 20% Hupp Motor (£2). 6 and in January this year insolvencies| 48y, 36 BushTermnl (2%).. 4 47% 46 46% 47%| 131 128 Iilinols Central (7) 1 in the fifth district numbered 184, com- | 117~ 109% Bush T Bldg pf (7).. 30s 115% 115% 115% 113 | 75 73 Illinofs Cntlaln (4). 40s 76'4 5% Real Estate—Loans—Insurance 4 ecre! 3 T% T T Th| g Subseribed and sworn to before me this | 734 15th St. N.W. Nat. 1680 (Seal.) GERTDURE WARSITZ, F Y Y Y Y Y Y Y Y Y Y Y Notary Public, Erie Co., First Mortgage Loans In Arlington County and Aléxandria, Vi Commonwealth Investment Co., Inc. 06 15th St. N.W. Phone National 2623 Mortgage Loan Correspondent for The Prudential Insurance Co. BamaSme ° 2 & 2 @ 8 Ea © 2 5 Invest in Safety e BONDHOLDERS PROTECTIVE COMMITTEE 1 et s of Bond;lSosllcvil lB'lngorC (T;hr:ugh 6/2% Eg:rncterntlhe The F. H. , Inc. pared with 116 in December and 170 in | 108 100% Bush Term deb (7).. 70s 106 1054 101 3 - % 8% T4 of America arity you pur- = January, last year. . However, e L 3 ButteCoppar &Zine. . 4 g 2 0o | B 2 1nd Moter Cyolerar. 3¢ 11% 11° 1% ith T ;‘ ;. TO THE HOLDE(RASI:;F ;B.N(l:)?;(;;:‘l,))BY OR district increase of 8.2 per cen -1 % utte & Superior.... 2 3% 31 3% 3%| 8&7% 30 Indn M ou can invest fng the year was' o "le” beter| g6 0 Byers (Mool 190 02 80 om si| 330 i7 indlanRemmine.rio 8 0w 20 30 cva| AERGM TN MO Tasues Coman st ity THROUGH THE F. H. SMITH CO., Inc.: b ack) 5 6% T5% 22% 16 Indian Refini: 99 %4 4 i . orteages. . per cent. Liabilities involved in the| '3, 1 CallahanZine& L. Heta b L 175" 144 Ingersoll Rand 6312 1178 173" 113" 173" 1paDine With T e The undersigned have been requested by the holders fifth district_bankruptcies last month| gg7, 747 Calumet & Aris 2 801 80 80w 81%| 85 70% Inland Steel (4) 8 85 < 841 85 83 Tue "5“‘" quarterly and Dackea by our || of a large amount of bonds heretofore sold by or totaling $4,500,038, compared With| s 29 CalumetdHec(ad%). 3 204 204 b9 sors| 30% 264 Lnapiration (4). 3 29% 20 204 29 dividend of Two Dollars s o ith Co., I A Del C $2,032,804 in December and $2,165331| 7. 63% CanadaDryGA (B)e 20 74w 723 741 #om| 179 134 Insurance Shars ¢ 414 16w 17k 1% and Twenty-Five Cents Safety Your mone re.|J] through the F. H. Smith Co., Inc. ( aware Corpo- in January, 1929, the year's mcmu{o! 226% 187% Canadian Pao (10)... 19 205% 203 203% 203% | 34 20% Interboro Rap Trum., 3 29% 29% 204 29% ($2.25) per share will be mains intact stead ration) to act as a committee and have consented so to 108.3 per cent contrasting quite unfaz| 273 18% Capital Adm (A). 7 24% 24 24 “23y| 28% 24 Interlakelron (1)... 4 2B% 26 26% 25 aid on April 15 1935, o stockholders o orking end i f the interests of such bond: vorably t'u'}l!h the m;‘:;-mlr rise lot 1?.6 285 192% Case (J 1) a).i s 6(112 f”" 270 271% 273 714 4% Intl Agricultural 1 B% 6% b% 5% '.Zf record at the close of business on f;."‘l!:'{' o B act for the protection o e inte! s of 8 |- r cent. e number of insolvencies | 122 115 Case (J I) Co p! - 608 12 5 5 122 ", 153 i} i the district was larger than in any| 69% b4 Caterpilir Trac{3%. 16 B L | L e Camett s s 30 eox pe o el Masch14,19%0. holders. e ‘-31: ”3“. 5-2;2 Lt H. BLAIR-SMITH, Treasurer. | Denominations as low as $250 Monthly Payments if Desired THE NECESSITY FOR A COMMITTEE IS DUE TO THE FOLLOWING FACTS: widely located throughout the United Stat £ protect their 69% 69 | 61w G65% IntlCement (4).. % % 8% 5 Int Combustion.. 54% 63| 95% 78% Intl Harvester (3%). 11 80 8] | 4b% 31% IntHydroElA (e3). 21 27% 27%| 81 65% Intl Match pf (4).... 13 33 33| 80% 25 Intl Mer Marine’(1).. 7 32% 3214| 40% 31% Int Nickel of Can (1) 442 60% 601, | 30% 26 IntlPap&P A(2.40). 6 1z 12%| 1% 124 Intl Pap&PwrC.... 2 474, 474| 82 79% IntPap&Pwrpf(7) 1 80 80 80 81 6 63% Chesapeake Corp (3) % 721 741, | 32% 29% Intl RysCentAm... 1 28% 28% 28% 29K 4203 Ches&Ohio (10)eees 3280 229 229 93,53 71 61% Int Rys,Cen A pf(5). 40s 36 Chi& East 11 pf.ee 1 89' 39 39 “ggy| 77 69 IntSalt (8, 930s 78 74% 78 4% ; 5 23% 23 23 230) 62 59% IntlShoe (3). 3 41% 40% 40% 41%| 119 1021 Intl Silver (18) 10 86% 85. 854 ghi| 112 105 Intl Silver pf (7).... 408 106% 105% 105% 105% 1139 139 139 139 | 76% 62% IntTe) & Teleg (3).. 39 69% 68% 68% 68% month since January, 1928, and the| 75 62 Cavanagh-Dpf(6%). 10s January, 1930, liabilities were the larg-| 57y 35% Celotex (3). 10 est monthly total since November, 1928,| 84 71 Celotex pf (7) . says Chairman Hoxton. 27% 23% Cent Aguirre As1%. Chaney A Credit Banquet. 30% Cent Alloy Steel (2). 3 4 31% Cent Alloy ctfs (2).. 5 R. Jesse Chaney, chairman of the 591x Cerrode Pasco (6).. 5 banquet committee of the Washington g 2 ndholders refore, cannot ing in concert with Send for Booklet, “The Success Plan” REALESTATE MORTGAGE & GUARANTY CorRPORATION have available a limited amount of 6% First Mort- gage Notes which can be bought in de- nominations of $250 up its principal offic mington, Delaware, and New York, in which charges of waste ment are made, and for the ap- 11 Certain-teed Prod... I Credit Men's Association, announced 36 Cbecker Cab (4.30).. today that E. Paul Phillips, Eastern manager of the national association, will attend the Willard festivities to- morrow evening and bring greetings from that body. The chief speaker will be Stephen I. Miller, executive manager of the national organization, whose General of the State of Delaware, to forfeit the company’s charter. 4—The F. H. Smith Co., Inc., has been temporaril; Capital Resources, $3,800,000 2 30% 30 30 '30x| 40 30 Inter Dept St (2) subject will be “Business and Credit . Conditions in the United States for the 14 C 1 133 18 118 129 29 19 Investors Equity(2). 4 26% 25 254 25 24 JACKSON PLACE the sale of bonds secured by certain properti New Balance of 1930.” President T. Lister 107 ChiR 1 & Pacpf (7). 3 109% 109% 109 Island Creek Goal(4) 4 41 41 41 40% York, on an application made by the Attorney General of the Chi Yellow Cab(3).. 208 27 27 Chickasha CO1l (3).. 1 26% 267 Watts is to preside and William E. Jewel Tea (4) State, under the Martin Act. CHAS.D SAGER Leahy act as toastmaster. 4 Johns-Manvil 5—Other legal dings have been instituted inst the . % Childs Co (2.40). . 5 64 63 . 914-|4t_n St.A.W, National er legal proceedings have been instituted against the com. 4 " Johns-Manv pf (7)..100s 120 120 120 119% A4 ok lalbyvarly e Trading on D. C. Exchange. 4 Chrysler Corp (3) b s L] bt peb Sl e Pl W Sl P 417 (] BEBES BT EEEEEREE pany several of its principal officers and directors, Trading in the bond division was S CHy Blomse (12 3 much more active on the Washington 108 OO N e e hwnr Gooa L B o Yei CocarCola & (9 1 49% 49% sessions. Gt sized sales were re- y y corded in Anacostia & Potomac Rail- B T I 4| 106 8 road 5s, Capital Traction 55, Washing- T e T KR U SR T B s B | ) ton Gas 5s and 6s, Barber & Ross, 8145 T0% ColGas& k1 3).. o 67 8N 92w 92 omy| ¢ o0 Kellv-Bernaire.. | B 0% 0% o ohe and Washington Railway & Electric 45 1044 ColGuea EIDTA() 2107 107 107 107| 15, elarraesae. 108 Tox 1o 1on 1Dk E : %6 Col Gas pt B( P 514 93 7 ator Corp. Rzlcjntthpnceskv:’el:”weu l:g;’t'r;‘t:ctng. e 24% Columb Graph (87¢) 200 30% 28 29% 25 :: 8215 Kendall Co pf (6) b L L P 168% Columbian Carb (16) 14 189% 1864 186% 189y o1 55 Kennecott (). cterred. Merganthaler Linotype and 2% Com Credit (2)..... 14 7% 864 gex a7 | °}, 04 Kinney (G R) p feeterred, Merganthaler Linotype anc 81% Comm Credit A'(8).. 3 42 41% 42 41 | 4t ;1% Kolster Radio, fational ‘Morigage & Investment pre- 36% Com) InvTr (g1 60). 26 bBew b62% 53 b4 | 107 534 KraftPhon iy gt gured in the day's “{‘u‘""“’h‘ e 99 Com InvTrpf (7)... 50s 104 104 104 100% | '3y 30y, mrostFRCh Dt (8 In the uniisied department 10 shares 274 Comm Soivents (11). 160 84% 33% 83% 34 | jig° (o0 Kremxe(S§)Coc1 Park Savings Bank stock sold at 76. 124 ComwithaSou(se). 196 174 16% 17 174 Gleaned in Financial District. " 99 Comm&Soupf(§).. 13 99% 99 9% 99u In view of the critical condition of the affairs of the company, the committee is convinced that the interests of the bondholders can only be conserved by promptly depositing their bonds with the BROADWAY NA. TIONAL BANK & TRUST COMPANY of 261 Fifth Avenue, New York, N. Y., which has been designated the DEPOSITORY of the Committee, and which will issue depositing bondholders its negotiable receipts. WASHINGTON, D. C.—SUB-DEPOSITORY BANK OF COMMERCE & SAVINGS 7th and E Streets Northwest Washington, D. C. an City Sou (6).... 7 77% T7% T7% 784 nn)DS (1%) 6 20% 19% 19% 20 Julius (4),.. 6 38 37T 37w 37% K: K Equitable Co-operative Bldg. Ass'n Organized 1879 50th YEAR COMPLETED JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary Assets ...........$5,662,549.55 Surplus & Profits. $1,705,130.78 Subscription for the 98th Issue of Stock Being Received Conde Nast Pub (3). 2 44% 44% 44% 4% At the monthly meeting of the board i 2 9! . o P of directors of the Washington Loan & R e e L “ U T e Earn—Save Ald“’ Fidelity Trust Company ofh Pnn‘;lmuh, the Trust Co. President Jobn B. Larner 2214 221 : i i i added an interesting sideiight to the ‘ 3: ‘7:“ 2:3 1:: xfwgrf. lf)%:. mg’v: 107% That home in the future you C Erem i Cm.npnny c‘s.l’.hh.lhdelppn&: e Bank of [Soties wiwo he announdad thas it was C 7 70 70 s 1 T4 Th Tw TH b A are always wishing for will be a ommerce & Savings of Washington, D. C., are all sub- the “fvc-hindredth. meewing of the . dw T g go| T8 EnPonCmadil 2o w0 8 "‘b $® thing of the near future if you e A b e Wade H. Cooper, president of the ¢ N Y (8). 100 122% 120% 120% 122 “1,2 ;2 Lehigh Valley Conl.. 1 12 12% 12% 124 ?’ SAVE NOW instead of waiting posited with either the principal epository or the Commercial National, told the directors | " Consol RR Cubof(®) 1 69 659 69 59 | jog, gm Liggeut & Myerac16) 6 1084 107% 1081 108 < (Y i s B R above-named sub-depositories. yesterday that earnings for February 12 ContatnerCor A 130 5 19% 19% 19% low| 77 200 LAEKett&MyraB(v6) 104 110 fo6% 100 108 Q¢ Tor » Pt Bondholders who deposit their bonds will be ke, Were $6,000 more than earnings in 4 Contatier Corp B... 2 7% Th T x| 14 ton b arbonie (4). 20 78 70 73 69% et us explain our simple sys- X pos n it pt January, February was the first full 29 Cont) Baking A ew's. Ine (3) 409 9% 4% TT% T8 tematic plan. promptly informed of all matters affecting their interest. 100 85% L . el : 1) Baking of oS A et ;4!:: sou ll,;:‘-fi-\r\:l:m(éx."lo). :: oo ::u :k ] 91 F St w . Wst gand_sirect. N mn.?fi ERIC.FISHER WOOD, Pittsbursh, Pa. Garrett, Tesident pertiier st Y A S A ) eI is). 133 b 95 924 Lorlliard (P) pg (1), _AwTW 98, OTH BB M| . moemiornen ane RS R L A0 S Bt dabcaicitos : nap of Marvland, H’gfii&, bt tal (Continued on Page 14, 5 2 =