Evening Star Newspaper, March 9, 1930, Page 76

FINANCIAL. HIGH-GRADE BOND ISSUES IN ADVANCE . Firmness Shown in Rails, “Utilities and Industrials. Convertibles Lower. BY JOHN L. COOLEY, Associated Press Financial Writer. NEW YORK, March 8—Bond trad- ing moved at a brisk pace in today's two-hour market session, maintaining the activitly of the last two days, which have seen pronounced strength in high- grade issues. Although a few of the recent leaders in the rail group.yielded slightly from their highs, the list show- ed general firmness. Santa Fe general 4s, New Haven 4155, New York Central 4s, Union Pacific 4155 and other prime rails were active, shading off about a quarter point from the opening prices. Some of these nominal declines, however, were ed. Baltimore & Ohio refunding 5s and gold 4s advanced ’3. Missouri- Kansas-Texas 4!2s rose more than a int. wUtflan and_industrials were quiet and steady. Reflecting the Senate’s action on the cement tariff schedule, Penn Dixle Cement 6s moved up 2 points. Western Union issues were prominent and firm. Convertibles eased. Alleghany Cor- poration 5s, of which an additional issue is expected, dropped a point. The Telephones lost fractionally. Liberty 3!3s led the United States Ocvemmenu with & small rise; Treas- uries were dull. AUTO PRODUCTION IN FEBRUARY GAINS Advance Noted Over January, but Decline From a Year Ago. @pecial Dispateh to The Star. Tuary a year ago, according to the esti- mete of the National Automobile Cham- ber of Commerce. The Detroit Auto Dealers' Associa- tion reports that in February 5491 new cars were registered in Wayne ty, compared with 7,409 for the same month last year. Registrations: of new trucks and busses for February ‘were 468, com) with 416 in the preceding and 695 in February a Jear m As sales outlook 1s still below par, : muhc:u‘l;iullg gannuu ox; ‘budge! . that this condition will prevail f¢ e least two weeks more. tion, with the ”lgflity of a warm Spring season looked upon as a favor- Mle factor. the future and the interests holders. It depends on sys- tematic reports from the sales field as & guide to daily and weekly schedules that will be maintained. The system of contral co-ordinates rchase and delivery of materials, ctory operation, empioyment of labor and d-uvery of finished.cars-on-a basis 3"&”“ by the vnlum of uh: at| ail, DROP IN UNEMPLOYMENT SEEN BY TRADE PAPER “So-called ‘unemployment’ demon- onstrations can not be taken as a true reflection of the actual conditions which prevail throughout the country, inas- mueh as there are rather clear indica- tions that the disturbances have been inspired by Moscow, rather than by American labor out of work,” the ‘World nyl, ducuulu the trend of business a; 3 unemploymem almuon ce'rh!.nly is not. as acute as it has been, following pre- as it has bun Tollowing previous secur- vious security price declines of a size comparable to that witnessed last Fall. Unemployment may be expected to wane over coming months, particularly if Congress is able to finish with the tariff within & reasonable time. “Nothing in the general situation has appeared to give cause for worry to the long-term investor in sound securi- ties;. While corporate profits in the are not expected to equal of last year, security prices in well be utilized to secure good issues at substantial discounts from levels which will ?robnhly be witnessed later in the year. GRAIN MARKETS. CHICAGO, March 8 (#).—Active speculative buying of July delivery of wheat here lifted wheat values today in the late dealings. Quotations for ail wheat futures except March rose to well above yesterday’s finish, despite earlier downturns., Renewal of general com- mission house selling pressure, however, ensued, and gains failed to hold well, London cabling that 300 vessels had been tied up as a result of lack of de- mand for overseas grain. Wheat closed irregular, ranging from %4 cent net decline to 5.8 cent advance compared with yesterday's finish. Corn closed 1-13; cents off, oats 14- S4 cent down and provisions unchanged UNITED STATES GOVERNMENT. Hlth .100. 99.22 nu Lib 314519324 1016 100.10 Lib 1st 4% 99.26 9825 U S 33%s 1940-43. 100, 991 US3%s1943-47. 104.26 103. U S 3% 1946-56. 107.17 101,16 U S 45 1944-54. 111.18 109.24 US 4% 5194 FOREIGN. ian " Low High. OR% 95 Argentine 5s June'59 9 94% Argentine 6s A '57 941 874 Australia 5s°'55. 106 102% Austria 7s '43. 95% 92! Bank of Chile 6348 '67 oty a4 103% 101% Belgium 6s 5 116% 115 Belgium 733 1095 Belgium 8s'41 72 Bolivia Ts ct 6 . 102 Bordeaux 6s '34. 72% Brazil 614 1926-57. .. 94 Brasil 8s°41. . 102% Canada 5 2. 88 Chile Republi 23% Chinese Govt Ry 58 '61. 674 Colombia 6s 1961 Jan. 95% Copenhagen 5s'52... 109% Czechoslovakia 8s'51 991 Denmark 5% s 1985, 103% Denmark 6s 42 % 101% Dutch East Indi 101'%3 Dutch East Indi 97% Finland 7s'50. 112% French 7s'49 118 French 7%s'41. R41% German Bank és 1":! 4 106% German T7s 49, 8l Greek 6s 1068, 96 Irish Free State 5s 94 Italy '51. 101's Japanese 6 '4 'SI. 92 Kreug&Toll isect wi'sy . 11% Mexico 45 1904-54. 85 Milan 6%s 52 1031 Netherlands 6s'72 84% w South Wales '5 100% Norway 5l4s 868 Orient Dev 5% 102 Paris-Lyon 99% Paris Orleans B%I ‘"l 69 Peru 6s'60. 91 PeruTs.. 105% Pireili Co of Italy 7852 93% Poland 88’50 99% Queensland 6: 1047 Queensland 7 99% Rhinelbe 7 86 Rhine West nhllll 6s'53 93% Rio de Janeiro 83 '46 64% Rio Grande Do Sul 6 87 Rome 6%4s'52... 96 Sao Paulo State of 106% Seine Deptof 7 76% Serhs Croats&S 3 Serbs Croats Slov §s'62. . 1025% Swiss 5%s'46. 981 Toho Elec Pwr 101% Utd Kingdom 58’3 93% Uruguay 6s 1960 82% Vienna 6s 1952 72% Warsaw 195! 95 Yokohama 6s MISCELLANEOUS. 9714 Abram & Straus § 3 Alleghany Co cv bs 44 102% Am Agri Chem 7%s’4 75 Am Beet Sugar 68 '35. 964 Am Chain 681933 AmIG Chm5%81949... 93% Am Internation 5%s ‘49 70 Am Natural G 6%s 100% Am Sm & Kef 18t b5 '47. 103 Am Sugar Ref 68 '37 137% Am Tel&Tel cv 4%;8°39.. 100% Am Tel & Tel s f bs. 69 Am Writ Pap 65 '47. 87% Armour & Co 413839 81% Armour of Del 5% s '43... 4 100 Atlantic Ref deb bs '37 1021 Bell Tel (Pa) ref bs'48. 99% Beth Steel pm 55’36 52% Certain-teed 5',-|su... 941 Chile Copper 5s "47 71 Colon Oil 65°38. 98% Columb G & E deb b5 ‘52 83 Comm Invest 5158'49.... 894 Comm Invest deb 65 '48. . 597 Con Coal (Md) 18t ref bs. 36 Cuba Cane Sug ev deb 105% Detroit Edison ref 6840 92% Dodge 6s'40 96% Duquesne 4%s 66 East Cuba Sug 7%s'37. 99 General Cable 535 1947 100% Gen Motors 6s'37. .. 106 Goodrich (BF) 6 90% Goodyear Rub 58 1957.. 101% Humble O & R 513532 91 Inland Steel 4345197 Inter Cement 55 '48. Inter Match b8 *47. 4 Inter Mer Marine 6s'41... Inter Paper 58 A '47. Int Tel&Telcv 4%8'3 Kendall 5%s'48 (war) Lackawanna Steel 53 '50 Laclede Gax 8%s Liggett & Myer: Loew's Inc 65 4 Loew's Inc Lorillard 5%s '37. Manati Sug s f 7% '42 Midvale Stee) 58 '36. Montana Power 55 1943. . Nat Dairy Prod 5% s t Radiator 6148 19 108% New England Tel 58 '52... N Y Edison 1st 634541, NY Tel 4%s'39, 98Y% 102t 104% 0% 99% % 100 9T % Pacific Tel & Tel u o Pan-American 65 34 Para-Fam-Lasky 68 '47... Philadelphia Co 55 '67 Phil&Read C&T 68 wi'49. . Philips Petrolm 53 8'39 4 Postal Tel & Cab bs '33. Reming-Rand 5148 "47 % Sinclalr Ofl 65'30. 100% Sinclair Oil 7537, 97 Sinclair Crude Ol 9414 Sinclair Pipe Line 103 Southwes Bell Tel 100% Stand OILN J 5s. 95 Stand OILN Y 4%s 40% Sugar Est Oriente 5. 97% Tenn Copper 644 B. 97 Transcon Ofl 6%s '38. 92% United Drug 58 '53. $214 U S Rubber 1st & ref b 100% U 8 Rub 7% 30 87% 101 100% 9R.28 93 .101.16 100.30 10113 100.28 Lib 4th 43x 1933-38. 10121 101.8 .100.15 99.25 10017 99.23 ..105.27 104.16 .108.22 107.8 .112.25 111.8 2 1034 4 105% 94 4 100% 1 THE SUNDAY STAR, WASHINGTON, sih Low 99% 9734 %0 86 95 85 104 93 110 108 991 « 100% Low. 10118 +.10 100,15 +24 100124 +.23 106.17 +.43 108.21 +.46 11223 +.43 T4 Low. 97 7% 9% 88Y 110 100% 104% 1013 101% 101 115% 121% 89 107 86% 961 9873 Y 9 103% 1008 100% 955 12 98% 8l 102% 106% 92 101% 101% 118% 974 90 80 100% 100% 9 FEE 4] R T High. Low. Close. hse. 99 9T u», + W 90 87 +2% +5% | +3% Utah Power & Light 5s... Utilitles P& L 5% 8 '47 Walworth 6s '45. Walwerth 6158 '35. : Western Union Tel 6%41. . Wilson & Co 18t 65 '41. Youngstown Steel 58'78. . as 102 109 100 101% 89 + %l + % 20% +1% +1% Atch To & SFe 4% Atlantic C L 1st 4 Atl Coast L 4 B & O gold 4x B&Ocv4las'3d B&Oref5s'6. B & O ref 53 D 2000 Balto & Ohio 58 '4 4 Balto & Ohio 689 B&OPLE&W Vads B&OS W Divbs Bangor & Aroos 4s n\ Boston & Maine 55 '67. Broadwy & 7th Av 5843, Brooklyn Manh 1st 65 A.. Canada National 4% s'54 Canadian Natl 4%s 57 Canadian Pacific deb Central Pacific 45 '49. Central Pacific 55 1960, Chesapeake Corp 55 '47 Chi & N W 6128 '36. . Chic Northwest 75 '30. Chicago Rys 58 Chi RI& Pac ref 4s'34 Chi R1& Pac4%s wi Chi Union Station 4 ' Station 6128 t Ind con 4s. Chi & West Ind 55 '62. . CCC&StLbsD. : Cleveland Term 55 B '73.. Cleveland Terminal 5% s. Colo & Sou ref 4145 '35. .. Cuba R R 5852 4 Cuba North 5%%s 42 Del & Hudson 5%8°37.... Den & Rio Grande cn 4s. . Den & R G West 55 '55. Den & R G West 55 '78. Detroit United 438 s 5 Erie 1st con E E Erie con 78 30. Flor Enst Coast b Fonda J & G 4%s Grand Trunk s f deb 6s. Grand Trunk 7= '40. Great North 44876 Great Nor gen 5148 Great North gen 7s '3 Hudson & Man adj 58'57.. Hud & Man ref 55 '57. Illinois Cent ref s 'i5. ... Illinois Central 435 65. . Inter Rapid Tran 58 Inter Rap Tr 5 sta 'u Inter Rapid Tran 65 Inter Rapid Tran cv o Int & Great Nor adj 6; Inter Ry Cent Am 64 Jowa Cent ref 4s 51 City South 3s 1950, an City South b8 '50 4 Kan City Ter 1st 45 '60. Lake Shore 4s '31. . Lehigh Val cn 45 2003 Louis & Nash uni 440 Louls & Nash 7s 1930.. Market 8t Ry 78 A "40. Mil El R & L 18t ref 5s. & Minn & St L re: MStP&SSMEks Mo Kan & Tex 1st 4 Mo Kan & Tex adj 58 Mo Kan & Tex prIn 5sA. . Mo Pacific Mo Pacific Mo Pacific Mobile & Ohio 4 N Y Centdeb 4s N Y Cent deb 85 '35. NYCh& SLrefslhsA. \'(‘hL!LrPf":lB ew Haven deb 48 '57 NYNH&Hart4% .7, Y NH& H cv deb 6 1 Y N H & Hclt 6540 Y Ry 68°65... N Y State Ry 4% s 4 NY Wes & Bos 4145 46 96 Norfolk & W en North Pacific is North Pacific 4s North Pacific 58 D North Pacific r i 6s 2047.. Ore Wash Istref 4s'61... Pennaen 41481960, 0000 113% 901 101% 9% 99% 108 103% 109 Penn gen 5565, Penn 551964 3 100 Reading 4%5'97 Rio Grand West col 4x. NRIATk &L 4'58"34 St L Iron Mt gen §s SLIM&ESR&G 4 StL&SFprin StL&BF 4% St L & San Fr 58 B 50 i 100% 963 % St Louis 8 W con 4s StPKCS Lined% Seaboard A L ref Southern Ry gen 4 Southern Ry 1st §s Southern Ry gen 68 South Ry dev 6%s ‘56 Third Ave 1st ref 45 ‘60 Third Ave adj 5% '60 Un Pacific ref 4s Virginia Ry 1st bs Va Ry & Power 5834 Wabash 7l ‘Wabash Wabash bs B mc ‘Wabash 63876 West Maryland 4s '52 West Maryland 5145 '77.., stern Pacific 55 '46. West Shore 1st 4s 236 Lyon Park Dance Tonight. LYON PARK, Va., March 8 (Special). D. C, MARCH 9, (Continued From Second Page.) 1930—PART _SIX, —1930— High. Low. 94% 62'5 Simmons Co (£3).... 28% 227 Simms Pet (1.60 Sinclair Con Ofl (2 Sinelair Consol pf Skelly O1l (2) 4 Snider Packin Snider Packing pf. Solvay Am Inv w w So Por Rico Sug (2) SoPorto Rico Sug pf(8). 4 Southern Calif Ed (2)... Soouthrn DairiesA(1%) Southern Dairies B. Southern Pacific (6) Southern Rallway (8 Southern Railway pf(). Sou Ry M & Ohfo cfs(4). Spalding (AG) (2)...... Spalding A G 18t pf (7). Spang Chalfant & Co. Spang Chalfant pf (6)... Sparks Withington (1). Spear & Co...... Spear & Co pf (7). Spencer Kellog (1.60)... 5 Stand Comm Tobacc % Stand Gas & Kl (3%). Stand Invest Corp.... Stand O of Cal (2%) Stand Oil Export pf (5). Standard O1l N J (12) Stanley Co of America Starrett (L8) Co (2) Sterling Sec A). Sterling Secur pf (1, Sterling Seccv pf(3). Stewart-Warner (h2 Stone & Webster (4) Studebaker Co (5). . Studebaker Co pf (7). % Submarine Boa: 3 SunOfl (11). 4 Sun Oil pf (6). Superior Oil. Superior Steel, 4 Sweets Co of Am (1) Symington. . Symington Class A..... Telautograph Cp(11.25). Tenn Copper &Ch (1)... 4 Texas Corp (3)..... Texas Gulf Sulphur . Tex PC&O (b10%).... Texas Pac Land Trust,. Thatcher Mfg (1.60). That'er M£ pf (3.60) The Fair (2.40) The Fair pf (7). Third Avenue. 4 Thompson J R (3.60). Thompson Prod (2.40).. Thompson Starrett Co. . Thomp-Starr pf(312). Tide Water Asso (60¢). . a Tide Water Ol pf (5)... Tifnken Det Axle (80c). . Timken Roller Bg (3) Tobacco Products. . Tobacco Products A Transcontinental Oil. Transue & Williams (1), % Trico Products (2%4).... Truax-Tra Coal (1.60).. Truscon Stl (g1.20)..... Tivin City Raold Tr (4). Twin City Rap Tr pf(7). 7% Underwood-Ell-Fish(5). Union Bag & Paper. Union Carb & C (2.60)... Union Ol of Cal ($2).. Union Pacific (10).. Union Pacific pf (4 Union Tank Car. United Aircraft. United Alrcraft pt (3) United Biscuit (1.60). Utd Carbon (2)... United Cigar Stores United Cigar pf. United Corp. nited Corp p! ited Dyewood. . United Dyewood pf United Elec Coal United Fruit (4) Utd Gas & Improv (1.20) Untted Gas Imp pt (5).. United Paperboard. . Unit Plece Dye W (2). Utd Piece Dywks pf 6%. United Stores A. United Stores pf. U S Distributing.. 15% High. Low. 62% 24% 24 Rea caaacaaaccaacd AUpNRB Bannn im ad Utah Co Util Pw: Vadasco PUI 444410 T +4+4++ 1+ Va-Caro Va-Caro Va Elec Vulcan Vulcan Rl Wabash ++ Walwor 4 Warner Warner Warne ren en T4+++10 We: West Pe West Pei West Pe! Fi++41 41 14 West Pei L+ 41+ I ++ Weston Wextar! White S Wilcox Woolwo! Worthn; Worthni right I¥1I+14+ 141114 % 1144431+ Youngst; ++11 ® Am Rol Balti & L+ n 1 13% 20% 3% Dividend Lig&M PracT & South C: rates as 4% in stock. yal 0 n;ulu rate. % £’ i 1% 18 +% Jormennomm"'“ Stock and dividend. 8 & For Sec Freight (3). . Hoftman Mch (2) Indus Alcohol (7) Leather. Leather pr pf (1) Pipe & Fdy (2). Pipe&Fy 1st pf 1.20, Rubb Smelt & Ref (3%4). .. Smelt & Ref pt(3%). S Steel (7). U S Steel Corp pf (1) U S Tobaceo (4) Universal Leaf Tob (3) Univ Leaf Tob pt (8).. Univ Plctures 1t pf (8 4 Univ Pipe & Rad. Viek Chem Co (2%). Virginia-Caro Chem. Virginia El & P pt (7). Vulcan Detin (A) (1) Wabash. 4% Waldorf System (134). Walgreen pf (6%). Ward Baking (A)..... Ward Baking B Ward Baking pf West Penn Power pf(6). Western Dairy A (4). Western Dairy B. Western Marylan Western Md 24 pf. Western Pacific 4 Western Pacific p! Western Union Tel 4 Westinghouse Air B (2). Westingrouse E & M(5) Westinghse E&M pf (5). West Vaco Chlorine l). White Fagle (2). White Motors (2) White Rock Min Sp (+4) White Sewing M pf (4) 4 Wilcox Ofl & Ga Wilcox & Rich ( 4 Willys-Over (1.20) o Willys-Overland pf (7). Wilson & Co. . Wilson & Co (A). Wilson & Co pf. 4 Worthington Pump. rizley Wm (4). Yale & Towne (15) Yellow Truck & Coach. . Yellow Tr & Coach pf 4 Young Spring (3). Zenith Radfo........... RIGHTS—EXPIRE. ChiRI&P. Col Carbon. payments based on the aUnit of trading I . nPlus 5% in stock. FINANCIAL, wrermem Real Fl'lt: Loans Made REAL ESTATE LOANS e Large and small First Trust loans pegotiated promptly at prevailing rates and commission, L2 » FIDELITY MORTGAGE INVESTMENT CO. 507 11th St. N.W. National 2431 e N R TSRS FREE FOR THE ASKING Return this “ad” with your ad- dress and we will send you a free copy of our “Sound Investment Rules” and also the latest issue of The Financial World which, besides other important information, will contain several complete of attractive dividend stocks with good profit possibilities. FINANCIALWORLD America’s Investment Weekly Louis Guenther, Publisher Established 1902 53-Fm Park Place Ity & Imp (5) pper (16) T&LL A (e Sales. Chem 6% pf Chem pf (7) & Power pf(6) Detinning (1) Detinning pf pf, A (5) th Co (2).. FELFEF F T+ 141 Bros Ple (4" Bros P pf (2. Quinlan (1). Bros (19). Bros 1st pf (3) 4+ % L [ = = New York 1 O1l & Snew (3).. n Oll & Sn pf (4).. nn Elec A (7)... nn Elee ptf (6).. nn Elee pf (7).. @ EFF PERIESLE I WILL SELL nn Power pf(7). $1,000 Corcoran Couris 1st Mort, (I R 0 I I 614% 1342 @ 67%. gton of Pittsburgh 1st Mort. I % 1943 @ 55. ’21000 Jefferson Apt. 1st Mort. 6% ‘Bldg. 1st Mort. 614% 93 $500 Fairhx Apt. 1st & Ref. 6153% 1943 @ 3! $2. 000 sunky Crandall 67 1946 @ l!“ New Amsterdam 1st & -Ref. 614% 1943 @ 65. 10 'ederal Cities Securities @ 10%. 1,000 Nat. Mort. & Inv. Com. “Old” @ 35c. 20 Virginia Plate Glass @ 30. 50 F. H. Smith 716% Pfd. @ 30. 20 International Bank “0id” @ 75. 3 Wardman Real Estate Inv. Class “A™ Pfd. @ 30. 15 Wardman R. E. Inv, Class “B” Pld. @ 5 Units Wardman Mortgage & Dis- count @ 17%%. 500 Milier Train @ 50. 300 Great National Insurance @ 100 Atlantic Seaboard Airways . THOMAS L. HUME 1412 G Street National 1346-1347 ! Elec Inst ( k Radio (2) ewing Machine. . Rich, B (2) rth Co (2.40) +'fll+#1|l4+}+|\&446 ton Pump A (1) gton Pump B(6) Aero (2). ll. on Sheet & T (5) The Commercial 3 National Bank Savings Deposits Bear Interest on Daily Balances from Day of Deposit to Day of Withdrawal. Com- pare this method with 1 Ml Ohio . June 16 yers T al Ed.. as ¢ n scrip. 1 Plus 9% in o Payable. in stock. d Pavable when ock. { Plus 10% in stock. & Plus { %%} Plug 8% In ‘stock. & Plus 3% In stock, D Subject to approvai | ¢| PUBLIC BUILDING PLANS LEAD U. S. CONSTRUCTION By the Associated Press. NEW YORK, March 8.—Public proj- ects led all other classes of heavy con- struction jobs that reached the pro- posed stage throughout the country in the past week, the McGraw-Hill Con- struction Daily reports. This branch of big building activity continues to maintain first place in dollar value of work announced since January 1. All classes of contemplated jobs in the past | seven-day period were valued at $71,- 782,000, which compares with $141,- 194,000 in the previous week and $95,- 250,000 in the corresponding week last year, NEW YORK BANK STOCKS. NEW YORK, March 8 (Special).— ‘The market for bank stocks and trust shares continued active and higher to- dA Bank of America was 131, up ; ‘Central Hanover, 361, up 1; Chm l’ll up 3; Chlthlm PhenIX, 129, g Chelse: 812, up 24; National H.y, 245, up Cnmmerclll 595, off 5; Corn Exchange, 226, up 5; Equl(nbl!. 138, up 315; Guaranty, 775, up 4; Irving, 59%a, up !3:; Manhattan, 13813, up !3; New York Trust, 275, up 1. The followin, were unchanged: Bankers, 153; Ban! of United States, 84; Brooklyn Trust, 840; Chemical, 8 Continental, 38; Empire, 83; Fidelity, 78';; First Na- llo'nll 5025 and Public, 141, Next to the Amazon the S8aguenay in Canada is the deepest river in the world. FIRST STEEL MERGER REPORT | IS REVIVED IN STREET | By the Associated Press. NEW YORK, March 8.—Tentative | negotiations are under way for a merger of the Youngstown Sheet & Tube Co. of Youngstown, Ohio, with the Bcthe-| hem Steel Corporation, Dow, Jones & | Co. reported today, adding, however,| that the discussions are still in a pre- | liminary stage and that it is yet too carly to say whether anything tangible | will result. Official comment was with- | held. James A. Campbell, chairman of the Youngstown Co., was in New York for several days this week. Independent interests are reported to Have submitted a tentative plan for such a combination, and there has been a substantial amount of buying of mur’\:’!u n!u both corpora- tions by b‘nk ‘The Eaton-Otis & Co. interests of Cleveland m known to hold a large block of Youngstown Sheet & Tube stock, which was acquired as part of a plan to eventually include that cor- poration in the new Republic Steel merger. Wm. Gordol.l Buchanan Councilor & Buchanan Gtrlllcgnl:.ill'l- laronlllll National 6110-6111-6218 (Telephone Directory Omission) MORTGAGES usual method of computa- tion. Call and let us ex- plain. Other Departments are e mpped to serve you ; g and fidu District Nat’l Bank Bldg. 1406 G St. N.W. In heart of business section. Single rooms and suite, $16.50 up. Excellent location for insurance business or busi- ness school. See Supt. N. L. Sansbury Co., Inc. 1418 Eye National 5904 lnlfleu. The Pe Bank of nal Service 14th & G Sts. N.W. Resources Over $20,000,000 \ WAD COOPER, President 4 Money to Loan Secured by first deed of trust on real estate | Prevailing interest om 30 Wash. Joseph L. Weller 30,773 "3 5w, Title & Investment Company of Maryland 923 15th St. N.W. Nat. 2676 STATEMENT, OF THE CONDITION The Manhattan Fire and Marine Insurance Co. of New York New England Fire Insurance Co. of Pittsfield, Mass. On_the 3ist day of December, 1920, as fequired unae: trict of Columbia Cod nd June "30. . ane gust 18, ital stock, paid up, CHR"tash " . $400,000.00 stock 1 1 onpe 300.000.00 in cas! We Recommend for Investment Associated Gas Standard Dredging Art Metal Works United Founders Power & Rall Trusteed Shs. Information on Request LYDON, DIEM & COMPANY Inc. First Trust and —In an effort to raise funds to reduce the building debt a dance will be held tonight in the Community House under joint auspices of the Lyon Park Citizens’ ‘Association and the Lyon Park Woman's Club. Music and specialties have been provided by the committee in charge of the event, including Mrs. J. W. sey and Mrs. B, F. Toulotte, represent- ing the Woman's Club, and T. P. Gary and C. K. uwu representing the Citi- gash in oftice 1o a decline of 2 cents. WHEAT- H bank $3.600.¢ ] ... 1,448,570.00 lIl’lCflH.\:l!d hands of RECKONED IN INTEREST AND SECURITY There is no form of investment more satisfactory than our 6%2% FIRST MORTGAGES They offer exceptional advan- tages in that throughout the term of the mortgage you are posi- tively assured this fixed interest, and that at the end of the period the principal will be returned in full. Close. 107 354,420,468 206,800.00 1,080,662.00 in bank Real estate morizaes (st lien) o Stocks _an Cmarket value) uncollected hands of Premluln“ n are 71,1324 13.4 R +$1,729,850.85 LIABILITIER. unpaid claims ... Reterve as required by Construction Loans Applications Invited Glover & Flather 1508 H St. N.W. National 1753 Premiums ent 2.218.58 Total assets .. 71618 Total assets ......31.351,383.13 $60,371.00 LIABILITIES. d claims . npal $38,001.09 as required 233,440.79 17,020.00 2000068 1,000.00 Capital atoek’ All other liabi Total labiliti OIL SHARES ATTRACTING INTEREST OF TRADERS By the Associated Press. NEW YORK, March 8.—The specula- tive element is evidently taking more kindly to the general array of petroleum company shares. Perhaps this trend is influenced by the decidedly good showing of earnings made by the vari- oys leaders in the industry which have thus far reported for 1929. The shares of ‘these companies have for the most scored good recovery from the low s of lut year. In the meantime, however, the r-nllcnlnd bflele‘ oL ’:he low- «priced issues have been disposd to behind. y's utlmy in the oils, centering shares of companies in that cate- ‘was, therefore, the more inter- Sfing. Indications’ that - the uma toward reduced refinery runs general undoubtedly helped speculative sentiment in their | At any rate, cheap oll shares lar mediums of speculation, . in which at 26, uj llmt. ts to Nlflt& i have available a limited amount of 6% First Mort- gage Notes which can be bought in de- nominations of $250 up CHAS.D.SAGER. 924-141 SLAW. My Qver a Third of a Character of busin during the y WE WILL BUY National Mortg. & Invest. Com. Federal Security Mortg. Pfd. & Real Estate Invest. Pfd. & Com, Merchants’ Bank & Investment, uet Club Bonds. . H. Smith Bonds. Great National Insurance, Investment Bldg. Bonds. Bonds, Alroy Apt. Bonds. llll of Iflll‘wfli. mion Finance. WE WILL SELL 5 Fidelity Storage Ci 1,000 Imperial m‘l!h P“. $1.30. 200 Bank Stock Corp, Md. B @ $3.00, 125 Atiantic Seaboard Alrways @ 7. . 8. Security Units 20 Vi Plate Glass ," 30 F. H. Smith 7% % @ 20. CAPJTAL CITY C0. Phone District 8201-8; " Century Without a ]‘ 0s$ 763.00 116.110.38 383,285.30 265.418.87 i o, CARL B. GALE, Secretary. m ribed and sworn to befors (R e A (Beal) MARION ©. R¢ tary $71.230.28 resident. Subseribed and swor me 'this 30th day n" hbn:ur;’ May be purchased in amounts from $250 up upon our conven- ient partial payment plan. B. F. SAUL CO. National 2100 925 15th St. N.W. THERE IS NO SUBSTITUTE FOR SAFETY INCOME INVESTMENTS INVESTMENT DEPT. BRODIE & COLBERT Inc. 1707 Eye St. NW. National 8875 First Mortgage Loans In Ariington Coun Conmo-wa:hll Investment 206 15th Bt N.W, fi-l. National 2083 Mortgage Loan Correspondent for The dential (nsurewce Co, of America 0. favor. E. W. Cissel Manager of Investment Department