Evening Star Newspaper, March 24, 1930, Page 15

FINANCIA OILS ARE FAVORED [N CURB TURNOVER Aviation, Industrial and Trading Corporation Issues Also Active. BY JOHN A. CRONE. @pecial Dispatch to The Star. NEW YORK, March 24.—Petroleum, lmuon industrial and trading cor- tion shares were prominent in to- ay. active but selecti wved up to & new hig idard Ofl of New Jer- a similar feat over on io Ofl hit a new peak ithin small fraction of its best price. Stand- ard of Indiana and Standard of Kansas itory Of higher, although Clllu Service dis- yed some hesitancy. Electric Bond & hare and United Light & Power gatned as Duke Power fell about 8 points in the first twe hours. the stock exchange attracted a following in m-:h issues on the curb, with the result that Douglas Aircraft, Fokker, |.n whlch General Motors has a large inf Irving Air Chute and Western Mr Ex- were taken to new altitudes. A g ]lxt of miscellaneous industrials their 1930 tops including Pacific Coast Biscuit common and pre- ferred, City Tool & Machine, Novagene and Starrett-Thompson Construction. ‘The leaders in the trading corpor- ations included General Realty & ml.".lu common, Ne¥purt Co., and Tri- ties common, all of which attained fluh‘ highest prices for 1930. American Utilities & General Corpor- ation made its bow shortly after mid- dly at 1133 and rose fractionally on the sale. The curb also admitted h to Foote Bros.’ Gear & Machine, fered to shareholders of record March 20, in m ratio of one new common for ncw held at $15 a share. h un!n DECLARES BUSINESS HAS TURNED CORNER Head of Woolworth Company Says Store Sales Reflect Better Conditions. Special Dispatch to The Star. ' NEW YORK, March 24 —H. T. Par- 170% 108 Aluminum Co. Ltd 279% 225 Am Lt & Tract ¢10) Corp. . 150». Bell Tel of Can flm 1930~ Stock and A Dividend Rate. Insull Ut Inv(b8% Intercontinent Int] Cigar Mach (5 Intl Holdg&Inv 10e. Internl Petrol m (1 Int Safety Ras B 13.. Int] Superpow (1) Asfa 34 Alr Investors vie. 11% Afr Inv Ine ev pr. Internal Utll A(3%) . 1 4 Internatl UtB.... Internat] Util (war). Interstate Equities. . Interest Eq ev pf (3) Interstat H M (1.40). irving Afr Ch (1.50). Ttallan Superpow A.. tal (B).oeoen Jefterson B (13%).. Am Chain (3). 2% Jonas & Naumburg. . Kan City Pub 8 vte.. Kerr Lake. . Kirby Petroleum. Klein (H)pt pf $1.20. Kolster-Br (Am Sh) Koppers G & C pf(6) Lackawanna Sea(4). Lakey Fy & Mch (1), Lefcourt Real $1.85.. Lefcourt Real pf (3) Leonard Ofl. Ley (FT) &Co (3).. Lily T Cup (150).... Loews Inc war...... Lone Star Gas (1)... Long Isl Light(60¢). Long Isld Lt pf (7).. Louisiana Lan & Ex. Mao Marr Stores. Magdalena Synd! Mare Int M(6234¢). . Mar W T br shrs 62¢. Marine Mid Cp (1.20) Marland of Mexieo. . Marshall Field & Ci Mavis Bottling. .. Mayflower Asso (32) Mead Johnson(133) Memph Nat Gas Co. Mer Chap & S(1.60). Mesta Ma Co (11.70). Met & Min Inc (1.20) Met T Cor pt pf (3% Met Chain Stores. ... Midl Unit (b1% %).. 36% Am Arch Co (3). 4% Am Investors (war) 1% Am Maracatbo. 5% Am Pneumatic 55% Am Salamandra (3 23% Am Superpower (1 94% Am Super 1st pf (6 17 Amrad Corporation. . 11 Anchor Post F b10% 15% Anglo Chil Nitrate. Art Metal Works(3) 5% Asso-Elec Ind Ltd. . 7 Auto Musioe (A) (1 4% Auto Voting Mach. . 4 Midvale Co (4)...... 915 Auto Vot Ma ev pr pt Mid Wst Utll (b8%). 24% Aviation Corp of Am Mid West Ut A war.. 7% Aviation Security M1d West Ut B war.. Axton-F Tob A 3. Jid Royaity cv ot 3. N of.. G eyt Min Corp of C (26¢) . Mo Kan P L (b10%). Moh Hud P 2d pf (7) Montecatini deb rts. lanca Afreraf! 3! Blauners (32) B W, Municipal Service. Nat Amer Co Nat Aviation. . Nat Dairy P pf A(7) Natl Fam Strs (1.60) Nat Fuel Gas (1)... Nat Investors (new) Nat Mfrs & Stores. . Nat Pow & Lt pf (7). Nat Pub Sv A (1.60). Nat Pub Serv B 1.60. Nat Screen Serv Nat Steel Corp xw (3 Nat Sugar NJ (2).. PP 32% Bulova ev pf (33 2% Burma Corp ( 10% Butler Bros (. 4% Bwana M Kubwa, 3 Cable Radio T vie... 2% Cab&Wire LtdA rots 1% Cab&Wire LidE rets s T M 5 B ronuaSunmun daonnn wB E8nann ~Bemme e » o - nmoun-u. m-.o-.m l'l l.-, Iil.?.‘ & ....==§==.._.... us nm-mng )., USFoll B(1).. US&Int Seclst pfll). - O e et 19 258 00 b - = TS Utility Pw & Lt(a1). UtIP&L B ctfs (a1). 17% Utility & Ind... 24% Util & Ind pf (i“). . TRADE IS SEASONAL IN FIFTH BISTRICT Richmond Reserve Bank Sums Up Recent Industrial and Trade Conditions. Business in the Fifth Federal Reserve District was at or near seasonal levels during the first six weeks of 1930, ac- cording to the monthly survey of the Federal Reserve Bank of Rioh- mond. The survey covers 1930 up to February The eondmun of member banks, the report said, was better this year than for the corresponding period last i Bl'llnr deposits stowed an increase. - trade in January was slightly better than in January, 1929, but the showing was entirely due to favorable returns_from Washington and Balti- more. Wholesale trade was not as good as a year ago. The situation in construction im- proved in comparison with preceding months. Pigures for contracts awarded were at the seasonal level and building permits issued in January exceeded those of January, 1929. Unfavorable factors in the district ‘were very low cotton prlces short ylelds of cotton in certain sections of the Carolinas; & marked increase in com- mercial failure; a marked decrease in retail and wholesale trade volume in the Carolinas and the general poor condi- tion in the textile and cotton cloth ~Prey nu,- FINANCIA Mllu. A“U Olnn.llih. !a' 8. 10% Ufll?‘v Bquities..... . 6 1% 17% 1% 96% 88% Vacuum Ofl (14%).. 6 ’SK 98% 10% VanCampPpf(1%). 1 2% Venesuela Ptm(20c! ) 4 8 Vick Fia Corp.. . 4 8% Waitt&Bond,B(1. !') ; 1% 1 3 4 11% 4 8% 49% green Walker (H) (1)..... Walker Min's (7%¢) Warren Bros.......o Watson uwr Co. 4 2 % 1 Welch Grlp‘ Ju (12) 2 West Alr Exp (60c).. 4 uto Sup A (3). 1 Wi rn Md pf (7).. 1 ‘Wii-Low Cafeteria. 5 “Y" Ol & Gas.. 2 17% Zonite Prod (1.60)... 4 RIGHTS. Expire. T o e ATe ) 8ok 10w 15& 100 7% New Eng .e. . APF 1% 1% 19% 19% Dividend rates in dollsrs hesed oo last sanvel serment. extre. 1P extrs th stost. « Paysble tn tPartly extrs. 25% | caab or stock. h Pavable In stock. @ Pavabie NOT ALL FARMERS ‘DUMP’ THEIR CORN IN WINTER By the Associated Press. AMES, Iowa, March 24.—The notion that farmers dump corn on the market in Winter, when prices are lowest, is not_ true, says G. S. Shepherd of the dep-r'.menc of agricultural economics at Towa State College. A survey of grain marketing in Iowa, he says, revealed that the type of farm- ing in various sections seemed to have & definite bearing on the time and man- ner of corn sales. ‘The more important “cash corn” is as a source of income, the more likely it is to be sold in the Winter, when the owner needs money, without regard to future price outlook. Shepherd found that in the cash grain area, where most of Iowa's sur- plus corn is produced, farmers sell about half their crop in Winter and hold the | rest for the usual rise of about 15 cents & bushel in Summer. Fifteen cents is seven cents more than it costs to store corn for eight months, Shepherd says. The survey showed farmers in some sections market their corn wisely month by month, tudying the market and sell- ing at most opportune times. GENERAL GAS & ELECTRIC. NEW YORK, ch 24 (fl.—The General Gas & Electric Co. proposes to increase its authorized capital stock from 4,400,000 shares to 15,000,000 POWER MAGNATE ECHOES FARM PRAYER FOR RAIN By the Associated Press. NEW YORK, March 24 —In dry sea- sons the farmer’s prayer for rain is echoed by the power magnate. Low precipitation costs both money. The farmer loses through decreased crop production; the power magnate thruuzh the increased size of his fuel 'flu lack of normal rainfall in 1929 seriously affected the production of electricity at hydroelectric plants throughout the country, Federal reports show. The low water in most streams resulting from the comparative dry year cut production 1}, per cent, as com- pared with 1928, and placed an addi- tional load on fuel-burning power plants. In addition to the steam plants that operate steadily, many of the hydro- electric plants haye steam plants for emergency service such as was neces- sary last year. The increased output of electricity by fuel-burning power plants was 18 per cent, resulting from two factors—the low rainfall and the increased use of elecmcleyA NEW YORK COTTON. NEW YORK, March 24 (!pecll!) prices at Liverpool, the ‘market ned off 15 m 25 points &odly. Much the liquidation came from Liverpool d the Continent. Sentiment was shares. When the new stock is issued, | qjan the company’s capitalization will con- sist of 1,000,000 shares of cumulative preferred stock, 10,000,000 shares of Class “A” common and 4,000,000 shares | 20; of Class “B” common. METAL MARKET. ders, o openag e weret. Saren, off 15; May, 1861, off 17; July, 15.65, off October, old, 15.49, off 21; October, new. 15.25, off 18; w, old, 15. off 23; December, new, 15.42, off Wm. Gordo: Buchanan Councilor & Buchanan W National 611061116213 ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. & La. Ave. N. 64th Issue of Stock Now Open hwl." Money loaned to members on easy monthly payments A F. Shes James E. c‘.fll, Jn‘- MONEY ON HAND for Construction Loans James F. Shea 643 La. Ave. N.W. INVESTMENT SECURlTlH ermold Com. Stock. Curb R Carning S50, Babject Loan Applications Invited at Current Rates on improved property in the Dis- trict of Columbia and nearby Maryland. Prompt Service —Minimum Charges January, old, lbagl, off 22, and January, president of the F. W. Woolworth new, 15.40, oft son, Co., told the New York Sun today that, judged by the activities of his company, general business of the country has mnow turned the corner in the recovery whatever slump ocecurred since . 22% Cent & Southw Ut!l. th the results of operation of the 34% Cent PSv A (al.76). 24 and the reaction of manufac- 19 Cen States El (3402) 19 turers selling to the chain point in this 4% Centrifug Pipe (60c) direction, Mr. Parson said. He pointed 6 Chain Stores Dev... out that in the first two months of 1930 53% Ches & Obto tnew).. 26% Citles Service (330e) 144 of $1,400,000 in gross sal 88 Citles Serv pf (6)... with last year, and that in 1029 \‘.he 8% Cit Serv pf B (80c).. ncrease for the same period over the 20 City Mach&Tool(13) year amounted to only 63 Clev El Lllum (1.60). $908,000. 18 Clev Tractor (1.60).. “The increase for the period this 5% Colon Ofl........ 24 Columbia Pictures. . % Columbia Syndicate. 27 & & & & 2034 284 Com'wlth Edison (8) 10s 2923 292 202 202 6l 3% Comwith&Souwar. 48 6% b% 6% b% 12% Com Wat 8er (b6%) 13 17% 17% 174 17% 16 Consolidated Alreraf 3 25 26 24% 244 l‘ gon-;lamo Il:;fi.. 130 zK 1 % CA cum pf.... b Consolidated Copper 10% Outbd Mot A (1.80. 13% Con Dairy Prod 132). Ft-Outhoard Motor (B). 90% Con Gas, Baito(3 60) 26 Pacific Coast Bis. ... 21% Con Gas Ut A(2.20).. 30% 30% 9% 49 :::coan ls.-::'r:.u Pac Pub Serv (1.30 4% C&W pf rets(27%e¢) industries. Nat Union Radio Nebel (Oscar) (1% > Neet Incov A (1.60). Nelson (Herman)(2) Nevada Cal Elec.... New Brad Ol (50¢c). New Eng Pow pf (§) New Jer Zinc (14)... 3% New Mex & Ariz Ld.. Newmont Min (34).. Newport Co (2)..... New Quiney M (10¢! N ¥ Invest (1.20). N Y Rio&Bu Alres. Niagara Hud P(40¢. '“ll Hud Pw A war, s-Bement-P 13 Nlnlmnx (30¢c) Noma EI Cor « Noranda Mines [SHANNON. & LUCHY] | 1435 K St. NEW YORK, March 24 (#).—Copper qulet, electrolytic, ogot and future, 18. Iron quiet; b. Pennsylvania, 18.! 50!30 00: B\Iflflb 16.50817.00; Ala- Tin firm; an U. 8. TREASURY BALANCE. - aoThe United States e GRAIN MARKET. ounced today as of close of business | bama, 13.0015.00, CHICAGO, March 24 (Spoem) —Tha March 21, was $400,579,003.13, Customs 37.87; future, 38. wheat market had & shiarp bulge Lhe $a0018 aala“o“"mm?"mmqm ey 2':&%’ e s o smfi e el e i ,318,333.10. Tota expendi- nc easy; omimlastons e cotiy &m $21,948,124.64. i t and future, 4.85. Antimony, 7.87. | nections and short covering on an over- Money to Loan HANMaRpON 3 -3 Responding to s heavy break in mmnl of Interest | 1 o e S0 00 200 1 1 00 OV RO G0 0 38 e 00 o0 10 53 TN 0 0 1 R DD D 1 2 0 Money to Loan ieksilver, 119,00, sold market. Winnipeg rallied on Amer- | Secured by first deed of INVESTMENT TRUSTS | snoRT-TERM SECURITIES, | rediction of ‘2908000 ‘bisheis - tne | Joseph I. Weller gy e vuible supply and complaint of high | * "~ Blds. 5th & ¥ N.W. NEW YORK, March 24 (#).—OvVer- | (Reported by v & W. Seligman ds in Kansas, were bullish factors. the-counter market: Alts-Chalmers Co. 'y i ‘ A small amount of hard Winter wheat ARtitiad Ay 165 & 16912 1087 | at the Guif was sold to the continent. Do new units. erican 'rnr- 5' 8. 98 100 Clclln prices were lgas h.uher §?’"m" g A Mareh, 508 May, 109YALO0%: July, = 1.07%81.07% Sepienber, nm%nl 095 gmm g.zpl Coro, s 1831 083, | Corn closed 7l higher. March, Anadian. Nor. Rus, : 820;: May, 857885 July, 8674880%: on Property in the District of Columbia male naen BeSRamm i< Ghicago Rock September, 87%a87 Chile Co) Oats closed %ad; " hi h March, 4314; May uy.my., Jul ’,’4: Sep- S First Trusts Only ating ex| of about 33% per cent dnec‘ t.bepenmflflttw ‘months ll"." (Copyright, 1930, by the New York Sun.) s i beeitan TREASURY CERTIFICATES. (Reported by J. & W. Seligman & Oo.) te—Matunt - % Ohio Copper. 864 Ohio Ofl (12) F & Immediate Attention Wm h. Sauncers Co. Inc 1435 K St. NW. Dist. 1018 $3,000,000 CAR ORDER. BALTIMORE, March 24 (Special). — humugml.m the % uoluymwmcfl'x ich cont 5- itimore, jm placed an order for modern street ent represent- hu a total e: ndtun of $3,000,000. This covers an initial order for 150 new street cars, and $2,000,000 of the 195! Internat u-un Corp. 58 York. Chi & St. L. Coke o8 2.8 Sept. 18, 193: !hfim u'.'\m ) Copeland Prod Inc A n Copper Range (2).., S2558 5 SEESEISN 8 B 'fi"g‘&'a.'f nkstocks Ho Pennroad Corp. . B:mu:mn Cor, B h Petrol Corp (13%). Bl Tnc: Philip Morris Ine. .. Plerce Governr(14) Pilot Rad T A (1.20) Pitney B P n (20¢).. Plymouth OIl (2). Polymet Mfg (31). . Pratt&Lambert (15) chl‘h: Premier Gold (24e). Prince & Whitely . Chelsea hch-nn A Chem Cnlnnlll Investors o 3 - 5 FOREIGN ixcmou dalhine checks " 3486 23:32 STATEMENT 8; m CONDITION Caledcnian American Insurance Company e e— | ., of New York © Equitable Co-operative Bldg. Ass'n nded June 30, 1902, and Au- Organized 1879 Cont Metro Bankshi Gormorsre Trust Shares. . 4 JOHN JOY EDSON, President Crum l Foster Tne B com : 4 zuse ; ~Sanm —nu-—:aa—sn.nsuaoav Milner (2).. Alrports vic. Curtiss Wright war. - - BEER T E AR = - n Darby Pet (1) —— »8?55;’5‘!8.-;‘_-_3333:5-: 50th YEAR COMPLETED WALTER S. PRATT, Jr., Secretary ceeesess..$5,662,549.55 Surplus & Profits.....$1,705,130.78 Sulncripfion for the 98th lssue of Stock Being Received Net unpaid d‘i’lfi: SAVE AS Regerve as required by la Total Uabilities. ... Prudential Inv. . Pub Uil Hold wi Quebec Power (23). Radto Prod 160).... Raflway & Lt S8 (15). Reiter-Foster (40c). Rellable Strs (b5% ). Rel'nce Managemnt. Republic Steel o wi. lsm 5 Rep Steel cum pt wi. Durant Motors. H 7 Reynolds Bros Inc.. Duval TexSulw.t.. 11 17 Reynolds Met n 3 40. Eastern Util Asso cv 15% Eastern Utll fnv A . . Bbh 12% Etsler l\mrk (1%) P % 19% El Bond & 8b (b§). .. 101% El Bond & 8b pf (6) .. 107% Sufety Car H & L(8) ElP& Loptwar.... 6 3% Sait Creek Proa (2). Elec Sharehldg (31). 8% E Schiff «The) Co ¢2), EBS, IncAn-v(2). B2 32 2 Schlet & Zan pf 3%.. Emp G F cum pf (8). 4 101% 2% Schulte Un be-3) St. Empire Pwr Corp(3) 54 v 4 Scovill MIg (4). ... & - g % Sek Lock & H (60c). 8% ’ Seiberling Rubbe: 21% 22 W% Selected Industrie 8 Sel Ind allot cfs 5. 18 Sentry Safety Cont. 2 Seton Leather (2)... Shattuck Den Min. . Sheatfer Pen (13)... Shenundoah Corp. .. Shenan Corp ptiad). Silica Gel ct e, "ero . 310487838 wh. Stockholm, crown. X Yac BONDS ON THE CURB MARKET. De Forest Radio. De Haviland (50c| Detroit Airgraft Cor., Dix Gas & Utllities. . Douglas Air (76¢)... Draper Corp (15).... Dres(SR)MIg A 3%. Dubilier Cond&Rad. » % Premiu; i A A Total assets.. - Tncorp. Invest Investment Co. of Am. com. System applied to saving Investment Co. of Am. B#fl will_quickly give you finan. cial standing and independ- ence. Join the Equitable 915 F St. N.W. Itoss Stores. Ine.... 4 St Rexis aver (1).. ] & e 283352 - e 248, 3 1 1 e IS o Ea KAB R AR A HEE N G EANNORGEN®S = G b i Investors' Trustee Keystone Tavest A of Del t. B of Del 2283 & oA 3 2. & 2 ear 1929 .. Expended during 1] 20822 g, i 2 o 23358220835 9! 255 22 Sregat g Secretary. Subscribed_and sworn to “hefore ine thig 38th day of Februsry, 1930, HENRY 8. C Notars. Bubile. District Agency Co. General Agent 910 17th Street (aember of Insurance Club of Wash- s S ) et SoomRenRemma = 55. .7 00 e ) s o KEurope El Ltd opt Ex-Cel Air&T (1.20). Kabrics Finishing. Fairchild Avistion. Fajardo Sugar. . 3233888 ensitnnss 38 Reybarn i Revnnids Tnvest. 'inewi com. Stand. Collat, ‘Trust Snares... 2505053 & o s R sk Ru FIRST MORTGAGES © s onBare TP UUNTOINE - JOTOPY P PUT YOUR MONEY TO WORK That’s what you will do when you invest in our DIVIDENDS DECLARED. 6,9, FIRST MORTGAGES NEW YORK, March 24 (P — Hdrs_ ot —and it is invested with safety, paying liberal return. You don’t have to wonder if you are going to get the interest. When it is due a check will be mailed you from this office, and always for the same amount. That's one These investments offer you a steady, unvarying rate of interest of the important considerations. without the hezard of loss of principal. Send for Booklet, “The Success Plan” Denominations as low as $250 - Monthly Payments if Desired REALESTATE MORTGAGE & GUARANTY CORPORATION Capital Resources, $3,500,000 24 JACKSON PLACE So Penn O11 (124) SoCal £d pf Ct1%). Southern Corp. . Southland Roy (1) 8 W Da 2228333322832 RS FEE £ o - 5 0 e b S om0 5 - 214 Fox Theat Cl A, 14% Franklin Mfg (2) ¥ Freed-Eiseman Rad. 20 Garloek PKg (1.30).. 2% General Baking..... 35% Gen Baking pf (3)... ¥ 10% Gon B Litd rots 1608) 21 Gen Empire Corp. .. 47w 334 Stana 31% Gen Fi'proof (18% 1 3 u svon S:Lo':-'u (2% ¥ Gen GankElev pfis) § 20 Starrett Corp Gen ludus Alconol,. 1 8 84 Suarrett Corp pf 10 Btein Cosmatica in : % Strauss(Nathan)) 69 Gen R& Ut 9% Strausy Roth, ., 21 Gleaner Com 1% Stuts Motor Car. . 99 Glen Alden Coal 100 39 Sun Inv pt (3) 11% Giobe Underwriter: : l«: Hz- = 8! 5% Suaray Ol (40e) . 38 !unrn-‘ur 13%).. 17 B% % 30% Swift & Co new 3: g Swift Intern'l(3%).. 1% Goth Knitback Mach 3 8% Swiss-Am El of (6 2204 Gra&PTav(b).. 708 236 2364 e Hntne oD 1{mu: Mtg Bk u . #1% Graymur Corp. . 1 40% 40% Technicolor, Inc . hile Mg Bk go P13 90 Greif & Brpf X (1). Texon Ofl & Lana 124 Groc Stors Prod vie. i e 22% Ground Gripper 41).. ERFROKLCS 13) . 26% Ground Grip pf (3) Third Nat inv . 1314 Gult Oll of Pa 1% onopan o l‘-:wn.-. 28 Guenther Law (2)... 1% Tonopah Min (16c). Transamer (31.60),, % Happiness Candy. . Y'ran Con Atr Tran,, #8 Hartford &l Lt(2%) m- Tr-Luz DL P8 (A). 11% Hecla Mining (1). 2 5 Hollinger Gold +606) 1 1 e Sk o sars 22858 > ELEL s S & tro Ed 4% orris & Co T Y FIn b :l 4 YP&L Stun Gas & £l pf 01’ Standard Motors. Stand Oil. ind K ZZREKER e W 3 2 xRS maer 232232338! SERESNRESE FESEEENSF g —.--n-.nm.s Peop L&P 10 Pitts Gonl Co 68 ' N Y 538 " Pay- Waig g \n§ Bt ?"fl "“'A'-‘ e 5, Faane ¥ o OO B O3 R NI I I LI O e b B S S333285°83838838238% & Guaranty safe first gages are secured on rym( Washington Real Estate and backed by our 000 resources. Over a Third Avr. iy of a Century Without a Loss e2s3ssss! Accumulnted. Avex Elec Mfg of.81.75 .. Apr. 1 Mar.20 Adjustment. Rep Irén & Steel.. FFSTRFF 2s3s! w Aor. 3 May be purchased in amounts from $250 up. B. F. SAUL CO. National 2100 925 15th St. N'W. Tri-Cont Corp war. - « Tri-Continental Cor. 81% Hormel (Geo) (2)... Tri-Cont Corp pf(8). lgo% WVA Real Estate Investments JAMES Y. PENNEBAKER Nat.5201 1520K St.N.W. 22% Houd 107% 37% Hydro Elec Serv (2) 46% 46% 10 Hverade Food Prod. 4 10% 11% 22% Imp OiL Can e) 26% LTU 20% Indian Terr fllum. . % 4% uu 17 ind Finetts (BI0%). 22 22% - s e The President of Panama has an- nounced that continuation of his econo- my program will not stop construction of schools and hospitals in the interior el the country. ‘Tung-Sol Lamp (2), Ulen&Co......0uu0 Ungerleider F Corp. Union Amer Invest., THERE IS 'NO SUBSTITUTE FOR SAFETY