Evening Star Newspaper, March 16, 1930, Page 86

F 'HIGHGRADE BOND ISSUES INDEMAND Rails and Utilities Display| Strength, but Trading Is Quiet. BY JOHN J. COOLEY, Associated Press Financial Writer. NEW YORK, March 15.—Buying of high-grade investment bonds was only | —1930— E Low. & little less aggressive in today's two- hour market session than yesterday, and prices displayed considerable | rength. The rails were very firm, while a number of utilities easily made higher ground. | ‘Western Pacific first 4s, Virginian 5s, 4 St. Louis-San Francisco prior lien 4s. | Missouri, Kansas, Texas 4s, New York Central 4'.s, New Haven 4':s, Penn- sylvania 4%s, Wabash 5s and Union Pacific first 4s were leaders in Lheir‘ division. Consolidated Gas of New | York 5ls, American Telephone S5s, North American Edison 5%s and Utah Power & Light 5s sold at their h!thi" for the year. Standard Oil of New Jersey 5s and International Paper 6s v:re nrm ure obligations turned hnvy. hut l-ter rlmed USED CAR PROBLEM BELIEVED NEAR END| Automobile Dealers and Manufac- turers Push Program to Solve Handicap. $pecial Dispatch to The Star. DETROIT, March 15.—Liquidation of used car stocks, and also a certain quantity of cars held over from 1929, Is being continued by dealers and dis- tributors at the instigation of the | factories. This ;.5 m( pre[:lrlhon for expected resumption of active new car | buying in April and May, when it is| hoped general business will have im-| ved sufficlently to justify increases | factory schedules. Progress that is being made toward clearing the decks for the Spring sea- son is indicated in figures issued by one of the .General Motors divisions showing that sales of second-hand cars are 25 per cent above the best previous kvel for this time of ye: In January dealers ot this_division disposed of approximately 60,000 cars, |- compared with 48,000 in the same lnonth a year ago. February brought a further increase. The same average s being maintained by other compenies pating in the general move to mn fl\e burden of the retail end. NEW YORK COTTON. Market hniu Higher as Buying and Covering Are Continued. NEW YORK, March 15.(®) —The cot- ton market was generally higher today on a continuation of the recent covering or buying movement which was pro- moted by relatively steady Liverpool uhlu and rather a more favorable in- rpretation of reports from the cotton rofl trude May contracts sold up to 5.06 or 19 points net higher and more ,than a cent a pound above the low denl of last Hnnd-y, but encountered | some 'umlnd Mfll"'l ‘The general ! d:.eduvnlnfi:dnnoeol ints New Low. 1545 15.26 14.76, 14.89 15.11 1517 - 14.99 1539 111550 Dacember old 1D December, new...15.31 REW INVESTMENT FIRM OPENS LOCAL OFFICE 2 Cox, Probyn & Co., Inc., have opened offices in the Investment Building for the sale of securities. The firm is in- corporated in New York State and has the exclusive selling rights in Wash- ington and Maryland for the sale of the bond and stock issues of the United States Banking Corporation of New York. In addition to the Washington office, an office is being established in Baltimore. Prancis B. Cox has had a successful career in the investment fleld and has just resigned the vice presidency of the| First Illinois Co. of Delaware, with| headquarters in Chicago. He was Also general manager of the compnnyu ‘Western offices. Mr. Cox was an officer | in the British army during the World War and was a member of the Royal Flying Corps. While flying near Brugges he was shot down by a German airman. He was taken prisoner and confined for several months in a German hospital, but recovered fully, He served for five years, Probyn was. salesmanager for Lester E. Mannix Co. of New York and has had a varied experience in the se- curity field. He represented W. E. Wil- lard & Co. in Washington for several months last Summer and is known to| many Wuhlnllonlnnl. For lundmau a stowaway from Aus- tralia John Edmonwn 25, faced a sentence i ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. & La. Ave. N.W. 64th Issue of Stock Now Open for Subscription Money loaned to members on easy monthly payments James F. Shea James E. Coml‘ly Secretary Presiden: INANCIAL UNITED STATES GOVERNMENT. High. Low. Close. < 'lD(l.lo 99.29 100.10 + 77101 26 Lib 3148 1932-47 100.10 Lib 18t 43 s 1932 100,28 Lib 4th 4 101.10 101.10 106.10 109.03 113.06 109.24 U S 4148 1947-5: FOREIGN. 99% 95 Argentine is June’ 99% 94% Argentine 6s A '57. 9414 K74 Australia 68’55 106': 102% Austria 78’43 921 Bank of Chile 6% 857, Bank of Chile 6% 8 1961.. 101% Belgium 68 Belgium 7 9% Belgium 8s'41. Bolivia 7s ct ‘69 Bordeaux 6s '34 724 Bri 94 Brazil 8541, 102 Canada bs 88 Chile Republic 65 1960. Chinese Govt Ry 58’51 Colombia 6s 1961 Jan. 95% Copenhagen 58'52. 109% choslovakia 99% Denmark 5%s 1965 108% Denmark 6s '4 101% Dutch East Indies 65 '47 101% Dutch East Indies 65 '62 97% Finland 112% French 7 118 French 715 84% German k 68 1938 106'% German 78 ‘49 81 Greek 651968..... 96 Irish Free State 5 943 Italy 75’51, 10175 Japanese 6%s'54 > 92 Kreug&Toll 58 ct wi’59.. 11% Mexico 45 1904-54 85 Milan 6%s'52 1031 Netherlands 6s * 847% New South Wal 100% Norway b%s 86% Orient Dev 5%8 6 9914 Paris Orleans 5% s 1968.. 9 Peru 6s'60. 91 Peru 7 106% Pireili 9315 Poland 8s " 99% Queensland 6s 104% Queensiand 7s '41 99% Rhinelbe 7 . ¥ Rhine Westphalia 6552, . 93% Rio de Janeiro 8s'46. 64% Rio Grande Do Sul 65 '68. 87 Rome 618 ‘52 . 96 Sao Paulo State of 85'36 106% Seine Dept of 7s. 75% Serbs,Croats&Sla 87 Serbs Croats Slov 8 102% Swiss 5% s 46 981 Toho Elec Pwr 7855 101% Utd Kingdom 6% 98% Uruguay 6s 1960.... 82% Vienna 6s 1952. 721 Warsaw 78 1958. .. 95 Yokohama 6s'61. MISCELLANEOUS. 97 Abram & Straus 5% s'43. . 99 Alleghany Co cv 58 '44. 102% Am Agri Chem 7%s'41 75 Am Beet Sugar 96% Am Chain 6s 1933 100 AmIGChm5%s1949. 98% Am Internation 53%s'49,. 70 Am Natural G 6%8'42.. 100% Am Sm & Ref 1st. 103 Am Sugar Ref 65 137% Am Tel&Tel cv 100% Am Tel & Tel s f 5 69 Am Writ Pap 6s " 87% Armour & Co 4148’39 81% Armour of Del 53%s 43 100 Atlantic Ref deb 58" 102% Bell Tel (Pa) ref 5548 99% Beth Steel pm 55'36. 51 838 Comm Invest 5% 89% Comm Invest deb 65’48 58% Con Coal (Md) 1st ref 36 Cuba Cane Sug cv deb 8s. 105% Detroit Edison ref 65'40. . 921 Dodge 68'40..... 96% Duquesne 4143 1967 66 East Cuba Sug 7%s 37 99 General Cable 538 1947.. 100% Gen Motors 68’37 105 Goodrich (BF) 6% 90% Goodyear Rub 58 1957 101% Humble O & R 5%s '32 91 Inland Steel 4168 1978. 91 Inter Cement 68 '48 97 Inter Match § 96% Inter Mer Marine 83 Inter Paper s A 112% Int Tel&Tel cv 4% 39 89 Kendall 53548 (war) 100 Lackawanna Steel 5s ‘50 % 100% Laclede Gas 5%s 981, Liggett & M\"u 585 101% Loew's Inc 65 41 w. 91% s.o0ew's Inc 65 ex war'dl. . 84 Lorillard 5%s'37 67 Manati Sugsf7%s 42.. 99% Midvale Steel 55 '36. 100 Montana Power 68 1943, 97% Nat Dairy Prod 5%s"48.. 21 Nat Radiator 648 1947... 103% New England Tel 55 '52. . 111% N Y Edison 6148 41, 98% N Y Tel 4%s'39. 106% N 'Y Tel 68’41 99 North Amer d 58’5 99% Northern States Pow 100% Paoific Gas & El b8 "4 102% Pacific Tel & Tel 58 102% Pan-American 6s 34 98 Para-Fam-Lasky 68’47.. 96% Philadelphia Co 5s 67 91 Phil&Read C&I 65 wi 90 - Philips Petrolm 5139, 93 Postal Tel & Cab 5s'3. 92 Reming-Rand 6%s'47 99% Sinclair Oil 6s'30. 100% Sinclair Ofl 78'37 97 Sinclair Crude O1 943% Sinclair Pipe Lind 103 Southwes Bell Tel 55’54 100% Stand OIIN J 6 95 Stand OlINY 4 40 Sugar Est Ori; 97% Tenn Copper 97 Transcon Ofl 6% 92% United Drug 58 '53 87% 82% U S Rubber 1st & ref b 101 100% U S Rub 73%s ‘30 100% 97% Utah Power & Light 58. .. 102% 105 104 101% 100% 98 94 96 100 100% 102% 98% 96% 104% 103% 9% 48 101 100 95% 8 High. Low. Close. Shse. 991 99% 9013 &% 12 +.e +.11 +.27 +.15, +.24 +.8 .14 101.07 101.15 101.18 101.29 100.13 101.10 101.15 101.07 106.00 106.09 108.20 108.29 112.23 113.05 i 98 98 99! 87% 90% 4 104' 106% 94% 96 96% 9TV & 102% 1084 1154 115% 110% 110% 79 9% 103% 103% 0 84 101 4 1081 94%; 2914 - 9914 +1% A +2% +2% +1% + % + % - + % 92 2414 6l TR s 96V 9Ty 110% 111 100% 101 104% 105 101% 1024 s 101% 102% 5100 100 15 118 ‘122 128% 90 98 1084 108% - 86% 88 96% 97 984 9% « 103 103% 95% 98 12 12 92 94 108% 103% 864 861 101 101% 89% 91 102% 108 100% 100% 75% 81 100%, 102 106% 1004 110 105% 106 90 931 9814 101 70 784% 2% 94% 984 99 108 108 81% 85 92% 94 108 108% 98% 100 103% 104 954 96% 864 90 7% 80 96 98 97 99% 100% 101%s 108% 103% 82% 82% 99% 100% 108 103% +1% 97% 100 +38 4% 864+12% 101 101% - % 103% 104% + 1561 156% 102'% 103% 79 88 817k 101% 101% 130% 108% 100% 100% 61 51 95% 964 + N + W + % + o 98% 86% 9414 100% 90 96% ¥ 94% 102% 944 90% 92% 101 101% 1024 103 101% 1027 M6 117% 98 98% 9 92 67 - 15 100% 101% 101% 101% 984 99 26% 26% 104% 105 113 114 99% 99% 107 107 101% 102 2 10075 100 101% 102 103% 104 102% 103% i 101 1011 98% 100 864 96Y 924 94 93% 97% 100 100% 100% 101% 102% 98 98% 95% 96% 104% 104% 2 102% 103% 95% 97 40 40 5 100 100 97 99y 93% 95% 86 87 100% 100% 9815 108% + 4 Penn Penn 7 High. Utilities P& L 5%8"47... Walworth 6s ‘45 . 98 Walworth Youngstown Steel § AtchT & S Fead) 45 95. . Atch T & S F gen 48" Atch To & S Fe 4%s Atlantic C L 1st 48" Atl Coast Line 4138 '6: B & O gold 4548, s'33 Den & R G West 5 Den & R G West 68 '78. Detroit United 434832, Erie 1st con 48 '96 Erie gen lien 4s 9 67 . FondaJ &G s Grand Trunk 8 £ deb 6 Grand Trunk T Great North 4 Great Nor gen 5% Great North gen 7 Havana Elec Ry 6%s. . Hudson & Man adj 5. Hud & Man ref Illinois Cent ref 48 '55. 1llinois Central 4% '66. . Inter Rapid Tran 58 '66. .. Inter Rap Tr 5s sta '66. .. Inter Rapid Tran 6s°32... Inter Rapid Tran cv T Int & Great Nor adj 6 Inter Ry Cent Am 6% * Jowa Cent ref 4s ‘51 Kan City South n City South 58 '50 Kan City Ter 1st 48'60. .. Lake Shore 48 '31. Lehigh Val cn 48 2003. Louis & Nash uni 4s'40. Louis & Nash 78 1930. . Market St Ry 78 A "40. Mil EI R & L 1st ref 5s. Minn & St L ref 48 MStP&SS M6l 31 Mo Kan & Mo Kan & Tex adj 5s " Mo Kan & Tex prin 6sA. Mo Pacific gen 48°75. Mo Pacific 65 A "65. Mo Pacific §s F Mo Pacific 55 G. Mobile & Ohio 438 '77. Nassau Elec 45 '51 N Y Cent deb 4, N Y Cen ref imp bs N Y Cent deb 6s'35. NYCh& SLref6%sA.. NYCh&SLret5%sB Jew Haven deb 48 < N H & Hart 4345 '67.. NH&Hcvdebss. .. Y N H&Heclt 68'40.... Reading 414597, Rio Grand We RIATk&L 4% St L Iron Mt gen 68 SLIM&SR&G 4s'33. StL&SEprin4sA%0.. StL&SF 4148'78 St 1L & 8 % St Loui s » StPKCS Line 4%s'41.. Seaboard A L ref 4x '59 aboard A L adj bs ‘49 Seaboard A L con 6845 4 South Pacific col 45 '49 South Pacific ref 4 uth Pacific 4 uthern Ry gen 48'5 uthern Ry 18t 5894, Low. Close. Oiite. 89! 1% +1% 93 -2 102% + % 109 100 102% + % RAILROAD. . Nn" T R 95 +1% 134'% — 93% +1 9% 9314 B & O ref 55 D 2000. Balto & Ohlo 5s 48, Balto & Ohlo 65 '95. B&OPLE& W Va 4 B&OSW Div 58 '50. Bangor & Aroos 48’51 Boston & Maine 55 ' Broadwy & 7th Av bs Brooklyn Manh 1st 63 A.. Canada National 4% Canadian Natl 418 Canadian Pacific deb 48 Central Pacific 48 '49 1041 100% Central Pacific 58 1960 Chesapeake Corp 68 '4 Ches & Oh gen 4%8'92. Ches & Ohio 414893 A. ChiB& Q4%s B 17 ChiB & Qref 5s'71. Ch & East 111 gen b8 Chi Great West 48 '59 ( hi & N W 668 '36. % Chic Northw: Chicago Rys bs '27. Chi R1& Pacref 4s'34... Chi R1& Pac 4%8 wi Chi Union Station 4 Chi Union Station 61e8... Chi & West Ind con 4s. Chi & West Ind 53%s '62 CCC&StL5sD Cleveland Term b8 Cleveland Terminal 5% Colo & Sou ref 4348 '35. Cuba R R b8 52 Cuba North 6%s Del & Hudson 5%8'37. 7830 = 4+ % +2 + 4% + % + W + % o) & B 1% - % + % + 4 +24 % + W T % + % 55. - +4% + % +1 87, x 15t 48" Y State Ry 4%5 6. NY Wes & Bos 4148 '46 Norfolk & W cn 48’96 North Pacific 35 2047. l\orlh Pacific 48'97 b onn Pacificr i 68 2047.4 Ore Wash 1stref 45 '61... Penna cn 4 & Penn gen 41 Penn 43 108% 10435 1094 100% 100 86% T 68 B0, ... S W con 4832 685 South Ry dev 6%8'56 Third Ave 1st ref 45 '60 Third Ave adj Union Pacific 1 Union Pacific 45 Un Pacific ref 4s Virginia Ry 1st 55’62 Ry & Power 53 '34 bash 4%s 1978 Wabash 1st 58 '39 Wabasl Wabash 5%s * West Maryland 4’52 % West Maryland 6% Western Pacific b West Shore 18t Established 1899 INVEST YOUR FUNDS IN First Deed of Trust Notes Bearing 6129 Interest In Denominations of $250.00, $50000 and $1,000.00 consutt WELCH Reattor Loan Speci We Take Complete Control When you place your Apartment House properties under our management it means you are telieved of all responsibility. We settle every one of the multiplicity of annoying details which arise from time to time. You will find it profitable management. B. F. SAUL CO. National 2100 925 15th St. N.W. More than a third of a centurys experience First Mortgage = A o0 Commonwealth Investment Co., Inc. 806 15th St. N.W. Phone Natlonal 2623 Mortgage Loan Correspondent for The Prudential Insurance America d Com. Steck Cl!. Market yi % earning 3% 1 A COURTLAND NIXON, 1518 K St. Nat. 1926 Real Estate Loans Made How Will Present Low Commeodity Prices and Interest Rates Affect Securities? Every investor secking the answer should read our coming_ article by Mr. Thomas Gibson, who for more than a quarter of a century has been one of America's leading economists. Mr. Gibson will show in the March 19th issue of The Financial World the probable effects on business and securities of present low interest rates and commodity prices. Mr.- Gibson's forecasts since 1903 have proved to be exceptionally ac curate. We are confident that every investor can profit by thjs article,— especially as a means - for future guidance. Return this “ad” with your address to receive our Mué 19th issue free. Act promptly as we ' expect an unusual demand for this issue. The Financial World _Amer{ca’t‘ Investment Weekly— Louis Guenther, Publisher 53-Fm Park Place (Established 1902) New York SOOI OOV OV OOV ———————— e s w. 35 Schulte Stores pf (8 45 Scott Paper $1.40. 9% Seaboard Air Line, 9% Seagrave (e1.20). E2h Sears Roebk & Co($2%). Second Natl Inv. Second Natl Inv Sharp & Dohme 2 Sharp & Dohme pf (3%). Shattuck (F G) (t1%).. Shell Unton (1.40). ... Shell Union Oil pf(5% ). Shubert Theatres. Simmons Co (g3). Stmms Pet (1.60). Stnclair Con O1l (2) Sinclair Consol pt (8) Skelly Of1 (2)..... Sloss-Sheffield Steel Snider Packing Co Snider Packing pf Solvay Am Inv w '(5%1 So Por Rico Sug (2) Southern Calit Ed (2 Soouthrn DalriesA (1 Southern Dair} Southern Pacific (6) Southern Rallway (8 Southern Rallway pf( Sou Ry M & Ohlo nfl(l). Spalding (AG) (2).. Spalding A G 1st pf (7). Spang Chalfant & Co. ... Spang Chalfant pf (6) Sparks Withington (1).. Spear & Co. Spencer Kollo‘ 60y Spicer Mty Splegel-Ma % Stand Brands (1%) Stand Brands pf (7) Stand Comm Tobace: Stand Gas & El (3%) Stand Gas & El pf (4 Stand Invest Corp Stand O of Cal (2% 102 Stand Ofl Export pf (). 6T% Standard Ofl N J (12) 34% Stand Ol N Y (1.60) 3 Stand Plate Glas 10% Stand Plate Glass pf. 474 Stanley Co of America. . 43% Starrett (LS) (12%) 18% Sterling Sec A). 14% Sterling Secur pf (1 45% Sterling Sec cv pf(3). 44 Stewart-Warner(h 37 108 Stone & Webster (4). 47% Studebaker Co (5).... 122% Studebaker Co pt (7). % Submarine Boat. 59% Sun O11 (11). 1064 8% 29% 119% ki % 124% 66 15 64% Superior Steel Sweets Co of Am (1). Symington. . Symington Cla Telautograph Cp(11.25). Tenn Copper &Ch (1)... Corp (3)..0..e Gulf Suiphur (0). Texas & Pacific (5)..... Tex PC&O (b10%).... Texas Pac Land Trust. . Thatcher Mfg (1.60). The Falr (2.40)...... The Fair pf (7). Third Avenue. ... ‘Thompson J R (3.60). Thompson Prod (2.4 Thompson Starrett Co. . Tide Water Asso (60c).. Tide Water As O pt (6). Tide Water Ofl (80¢).... Tlde Water O1l pt (5)... Timken Det Axle (80c).. Timken Roller Bg (3). Tobacco Products. . Tobacco Products A. Transcontinental Oil. .. Transcontinental Oil n. . Transue & Williams (1). Trico Products (23). ... Truax-Tra Coal (1.60). . Truscon Stl (g1.20). . Twin City Raold Tr (4). Twin City Rap Tr p£(7). Underwood-Ell-Fish(5) . Union Bag & Papet . Union Carb & C (2.60). .. Union Oll of Cal (32) Union Pacific (10) Unton Pacific pf (4) Union Tank Car (1.60).. United Alreraft United Afrcraft United Biscult (1.60) Utd Carbon (2) . United Cigar Sto: United Cigar pf. United Corp. . United Corp pf (3). United Dyewood. . United Dyewood pf (7).. 97 55 United 14+ TUV4++1+ 1+ ++l#++|+++( cacgcaaaag Univer: 124% 9% 130%x135 38 2 P+l L] D+ ++4 M Warner Ll 4+++14++ b+ ++ 1++ + P+ 1 +4++ 44 IV EF A4+ Wright T4+ Int Tel 3% Dividend payments 4% lfl stock. Jear—no regular rate Payable in cash or A his ke + 6% of sioekiosers” Mook I+ +'4++4+1+1 01+ Pipe&Fy 2d pf 1.20.. Realty & Imp (5)... Rubber....... S Rubber 1st of.... US Smelt & Ret (3%) US Smelt & Ret pf(3 U S Tobaceo (4).... Univ Leaf Tob pf (8). Univ Plctures 1st pf (8). Univ Pipe & Util Pwr&Lt A (e2). Vadasco Sales. Vi fum Steel Van Raalte pf... Vick Chem Co (2%)..... Virginia-C: Va-Caro Chem 6% pf. Va-Caro Chem of (7). Vulcan Detinning(1).... Vulcan Detin (A) (1)... Vulean Detinning pf (1) Wabash. .. w-b sh DL, A'(5). Westinghse E&M pf (5) Weston Elec Inst (1)... West Vaco Chlorine(2). Wextark Radio (2)..... White Eagle (2) White Motors (2). . White Rock Min Sp (14) Wrigley Wm (4). e & Towne (15). low Truck & Coac! Yellow Tr & Coach pt. Young Spring (3). Youngston Sheet & Zenith Radio. ... p...... RIGHTS—EXPIRE. Pacific Lights Pac T & T South Cal kd . nlu s given in the 0 the latest .“‘I"I'glfl'\‘l Ly sed of s Unit of irading Jess th ading le an 100 nun- 2% in stock. j n Pl FINANCIAL. Stock and dividend. United Elec Coal. . United Fruit (4) Utd Gas & Improv (1.20) United Gas lmD Df 5).. Paperboa . Unit Plece Dye w Utd Piec United Stores A. . United Stores pf. U S Distributing.. U 8 Expre: U S & For Sec. U S & For Sec pf ( U 8 Fraight (3). U 8 Roffman Mch (2) J § Indus Alcohol n'r), . S Leather. . 8. Leather, A. 'S Leather pr pf (1)... S Pipe & Fdy (2). g Pipe&Fy 1st pf 1.20, s s ywks pt SEFEFISIE 1 Leat Tob (3). T Chem Walworth Co (2). Ward Baking (A).... Ward Baking B. Ward Baking pf (7). Bros Pie (4).... Warner Bros P pf (2.20) Warner-Quinlan (1).... Warren Bros (19). Warren Bros 1st pi West Penn Elec pf (7). t Penn Power pf(6). t Penn Power pf(7). Western Dairy A (4). Western Dairy B.. Western Maryland, .. Weatern Md 24 pt. tern Pacific. rn P:elfle wnurn Union 26% + 46% + 206 -10 49% ~ % 1824x182% ~ 18014x180% — 39 52 18% 279 34% Ll 1% 36 15 301 Wilcox Rich. B (2)..... Willys-Over (1.20)... Wilson & Co. ... Wilson & Co (A) Wilson & Co pt. . Woolworth Co (2.40). Worthington Pump. Worthngton Pump A (1) 4 x98 58 684 x73% 1 21% + 90 4+ 2 43 x4y — 137 x138% — M+ 4 Aeronautical. .June 16 May 9 May 1 .May 1 .Mar 31 LApr2l 1% 1% 1% 4% 22% e 1% — 1% + & Tel in serip, b Payable in stoek. d stock. _fPlus 10% in Plus 8% 1n stock. T stocic Advice to Investors “The common delusion that expert knowledge is_not required for success in Wal Street has wrecked many forr tunes and reputations.”— Clews. | For Complete_Statistical Service Consult | Lydon, Diem & Co. Incorporated E. Jos. Aronoff, Res. Mgr. Washington Bidg. National 7610 BTATEMENT OF THE CONDITION ‘ or The Importers & Exporters Insurance Co. of New York On the 31st day of December, 1929, re- quired under the District of Columbia Code, amended June 30, 1902, and August 18, 1911 Capital stock tal stock Cash in office. Gasn in bank. s sha bonds cmarket value) 3, 8271 o uncollecied - and remiums nas of t d AL Sther Reinsurance due on paid losses. Total assets LIABILITIES. ald claims... ita AAPoher fabii Total labilities +$4,535,85¢ Character, the year Aie Taa" ailled 1nes of surance. Amount of risk assume $617,690.523.00 \ ur. ing t) 59 Lotses gustained aurine the 192 conie 1,735,768 se 1929... . siaii 3113258 80 Expended diiring the Yéaf 1930, 3.519: ¥id :a " Vet Bresident. ess_transacted during and marine, automobile. H. L WIEKENS, Subscribed and Sworn to bet thoday of March, 1930, S o st . ABAD! Notary Pubiic JULES C. RICKER, Pre; ident IMOGENE B. McGARRAGHY Secretary-Treasurer - | Salarie Wm. Gordon Buchanan Councilor & Buchanan Certiteg e Burfiiae’ National 611061116213 (Telephone Directory Omission) MON'E"Y'""i"b’fOAN Conlnlt ‘WELCH Rultnr 1 (LOAN SEECIALIST STATEMENT or m CONDITION The State Auurme Co., Ltd., | of Liverpool, England On the 31st day of December, 1929, as Te- aquired under the District of Columbia Code, amended June 30, 1902, and August 18, 1911 bond: riet nnconema and hands of agents i other assets. Total assets ITIES. B | 1,089,948.14 Tents, 3 Commuxlo b | AP Oter Mabthcic: Total labilitie 200,000 42873041 | .$1,838,666.85 | poharacter of business tr the 1 Fire, a 3 Sprinkier leakage, Tiot il commotion and | explosion. Amount of risk the year 1929. Lnfnel sustained ¥ % Alel.!lUn'rAul:R‘ JiSubgerived and sworh o before’ me Thue | A g | (Seaty PP REy maLPRIN, Notary Public, Kings Count: 90; ‘New | York County Clet { No. |i67; New York | County Rq IH1! ‘Commission ‘ FRANK L. | il Money to Loan Property in tho District of Columb; | First Trusts Only Immediate Attention Wm. H. Saunders Co,, Inc. 1435 K St. N.W. Dist. 1015 STATEMENT OF THE CONDITION Commercial Cunnlly Insurance | Company of Newark New Jeruy amended June 30.D¥01 and Au[ll:l: l:. Illl Capital stock Capital stock paid up, in’ci Cash in office. 5,684,442.50 5,362,001.85 2,218,042 frigerid] arket Premiu ands of agen s Interest due and accrued. All other assets Total assets. LIABlu'fll! Net unpaid claims. . Reserve as required Reinsurance premiums laries, re etc...... Capltal stock Al other u.bumu Surplus . Total liabilities. Character of busi the year 1929: Accident, n ity, o comy . ty nuuo'-;‘ “ndeiry deltty, surety, bu; A amage faio amage and collisi other broperty Logses sustained uring the year Monev Tel 6. 2,528,203 JsTa 0 Quel $6,600,419.88 12 7. 1385530030 Expended during the yesr A. VAN LE, Viee Ptnldlnl WM. R. ORIFFIN, ry. ubscribed 1908 day of Pehl’u:l'y?';‘“’)o betors me hia (Beal) D.'E co Explires l tary it e —— —————. L PECKHAM, Vice President JULES C. RICKER, Inc. 1415K St. N.W. General Agents District 5966 Mambv_n Insurance Club of Washington First Mortgage Loans Lowest Rate of Interest Long or Short Term Construction Loans Glover & Flather 1508 H St. N.W. National 1753 WE WILL SELL 10,000 National Press Bldg. 5%4s 1950 10,000 D?I]fl.'!r Hotel 1st Morfg. 6s l’l @ 85. Mayfiower Hotel 2nd Morts. @ 90. 2,000 Fairfax 1st & Ref. Phila. 6143 1943, Bid. 1,000 Cavalier Apt. 1st & Ref. 6%4s 1948. Bid. 5 Fidelity Storage Com. Bid. 125 Atlantic Seaboard Airways 150 8. Security Units @ 3. 20 F. H. Smith 71 % Pfd. Bid. 15 Virginia Plate Glass @ 20, WE WILL BUY National Mortg. & Invest. Com. Federal Security Mortg. Pfd. & Real Estate Invest. Pfd. & Com. Merchants Bank & Investment. Racquet Club Bonds. Great National Insurance. Investment Bldg. Bon Tivoli Apt. Bonds. Alroy Apt. Bonds. Bank of Brightwood. Union Finance. CAPITAL CITY CO. Washington Bldg. District 82918292 Money to Loan Trust NW. Joseph 1. Weller {0, o 2 § INCOME INVESTMENTS INVESTMENT DEPT. BRODIE & COLBERT 1707 Eye St. N.W. National 8875 I WILL SELL Corcoran Courts 1st um 0 Arlington of Pittsburgh 1st rt. 615% 1943 @ 55. ) Jefferson Apt. lst Mort. 6% l&::,gnéth Bldg. 1st Mort. C%% $200 New Amsterdam 1st & H % 1943 @ 65. l! mm Cities Securities @ l“l Nat. l{:fl. & Inv. Com. 7 3 Wardman Real Estate Inv. Class “A” Pfd. @ 30. 15 erimn R. E. Inv. Class “ s "Unind Waraman Mortgage nl ‘ardman & - Discount @ 1714, 500 Miller Train Control @ 5Se. 300 Great National Insur. 11. ll.. ‘A.tlnflc Seaboard Airways THOMAS L. HUME 1412 G Street National 1346-1347 STATEMENT OF THE CONDI- TION OF THE Mechanics & Traders Insurance Company Of New Otleans, La. On the 31st day of December, 1929, as required under the Distriet of Columbia Code, amended June 30, 1902, and August 18, 1911 .$1,000,000.00 * 1,000,000.00 Capital stock Capital stock. phid u ASSETS. ‘ash in bank eal estate 3941.786 23.500. s and "’ bonds (market value) ... " 378702000 Premiums uncollected and In hands of agents . 953,390.85 Interest due and ‘a crued 21,050.48 Total assets LIABILITIES, Net unpaid claims ... $211,676.78 Reserve as red 1.750.548.47 rents, 93.000.00 taxes. ete broker- 7,000.00 1,000,000 60 Teserve y Salaries. penses. Commissions, age. efc.... Capital stock Al other Contingent fund . Surplus, 1929 Total labiltties ..¥5.126,751.91 Character of business trans- acted during the vear 1920, Five Lightnine. ‘Hall. Tornade. Eart . Explosion. Sp Sarinkler Leak- 1 4615.771.510.00 3 . 8740462 i 20 T the vear e 1 1,865,792 52 "y"»’.“r"x"-fi’“"“' 1.920.396.08 F. D. LAYTON. President. P. B. SEYMOUR, Secretary. Subscribed and sworn to be- me this 17th day of Febru- Notary Public. General Insurance 1435 K St. Nat. 2345 Member of ¢ °g":“!‘-'n’:;u_u Clud of