Evening Star Newspaper, March 28, 1930, Page 15

& FINANCIAL. TRANSACTIONS ON THE NEW YORK CURB MARKET UTILITIES FEATURE TRADING ON CURB . Market More Selective—Mo- tor and Motor Accessories Well Supported. % BY JOHN A. CRONE. Special Dispatch to The Star. NEW YORK, March 28.—Power and light issues featured today's curb mar- ket, which, in point of volume, was be- the mark of the preceding session and in character more selective. About a score of utilities, among them United Light & Power A, International wer and American Common- wealths A, climbed to record heights Eleetric Bond & Share, American Su- m:r and Niagara Hudson Power, , lacked the buoyancy that marked their recent dealings. on natural pipe lines, connecting operating utilities with gas flelds, brought bidding into Cities Service and its subsidiary, Indian Ter- ritory Hiuminating Ofl. Motor and Motor accessory stocks also received more attention than in recent sessions. Cord Corporation was up % at 16%, a new high record, as & result of increasing sales. Thermoid, & maker of motor accessories, rose 3 points to its best level for the year. Standard Screw, which does a large budneu with the automotive industry, leaped 6 mu before midday, follow- ing its 11 int advance yesterday ‘The oils, if Cities Service and Indian ‘Territory be excepted, were dull, com- with recent sessions, but they ld fairly firm. ‘Natural Gas issues were in demand as & Tesult of many merger rumors. Missouri-Kansas Pipe Line was bid up to its previous peak, following acquisi- tlon of Franklin Gas Co. National Fuel Gas shattered its record high mark. General Baking preferred, which now has ahead of it $7,000,000 of debenture bonds, slipped off about 2 points. Wil- low Cafeterias rose nearly 2 points to the hl.hest level of the year. The move that began in Hiram Walker Thursday continued today, the stock on lighter ‘volume moving up & half point. g, TRANSAMERICA CORP.PAYS EXTRA STOCK DIVIDEND Special Dispatch to The Star. NEW YORK, March 28.—L. M. Gian- e, payment of the e in the interest both t.he stockholders and the cor- handling of the quar- of extra dividends has costly and cumbersome to the FOREIGN z-:xcmuzs (Quofations furnished by W. B. nnlmmil ssid sel bt i 8. 19. 1 19 13 17.48¢ 2.964c j3s i 16 =3 588! e SEae! FE ik 5 35 IF SeaSnow: 283823583888 FEFEE & 5 22 325e32esiesgy ! ¥R B e Zegs 3 E = 28828335288 ‘55 s==§§ FE clede by R ch L ng Star Gas o. a: ¥y v * £3 s 3 FExe 55 b &= S B3EB38! CE SR Ehlaaat] a8 SeeiSsesss = 3 953 el e ) N0 ZZZAZZ: T 32238 i o, R SERF 18835235 u LXTX ?o' 2 -ur lll 158 e b d POREIGN nollns. len Con Mp 7s 51 06 Tas, 47101 ¥ 2 AR F& sgeeSeeseceeseSy FisSessisy S FESF ‘The Chinese have adopted the Ameri- ean custom of greeting cards. Indi. vidiual printers make them in the open air with crude eq it N ! hk ~Prev lm - 15% 346 6% 158% 303 4% 856 172% 8% 8% 298% 6 18% 26 1% £ 108 £ 2 1 2% 8% ¥ 5% 26 148% ot 6% 814 28% 19 & 0% 8% oJ 13} ltllxl-hl shows those stocks to Stock ana Low Dividend Rate. 42% Acme W Co vte (33). 13% Aero Underwriters.. 19 Agfa Ansco.......e 81 Agfa Ansco pf. 11% Air Inv Inc ov pr. 16 All Amer Gen Corp. . 4 Allegheny Gas Corp. % Allied Aviation. . 10% Allled Mills (60e)... 275 Aluminum Co of Am - Y o P T =11 87% AmCit P&L A (a8). Am C P&L B (b! ) o an3 % Am Control Ofl Fids. 116 26% Am Cyanam B (1.60) 55 8 Am Dept Stores. 15% Am Equittes... !5 60% Am For Power war.. 28 113% Am Gas & nn.-( 1). 226 Am Lt & Traet (1 72 Am Light & Tractn 81% Am Maize Prod (2) 97 Am Pub Service pf. 28% Am Superpower (1). 94% Am Super 1st pf (6) 87% Am Superpow pf (6) 3% Am Thread pf (26¢) 11% Am U&Gen B vte 40¢c 17 Amrad Corporation. 11 Anchor Post F b10% 12% Anglo-Am vot (73e). 15% Anglo Chil Nitrate. 12% Apex Electrical Mfg 8% Arkansas Nat Gi §% Arkansas Nat Gas A 5% Asso-Elec Ind Lid. . 204 Asso Gas & Flectric. 4614 Asso GREL A (2.40). 7 A830 GAE A deb rts. 1 Asso Laund (3200).. 434 AsSO Rayon........ 89% Asso Rayon pf (! 2214 Atl Coast Fish(1.40) 16% Atlantic See Corp. ... 22% Atlas Plywood (3).. 7 Auto Musio (A) (1 4% Auto Voting Mach 91 Auto Vot Ma ev pr pt 24% Aviation Corp of Am 12% Aviation Credit..... T4 Aviation Securitie: 2% Bahia Corp..... 66 Bala-& Katz ctf (3).. 234 Bliss Co (E W) (1). 6% Blue Ridge Corp.... 33% Blue Ridge cv pf (a8, 27% Blumenthal (8] % Botany Mill 18 Bower Roller Bear.. 9 Bowman Bil H 2d pf. lD 85% Brazil Tr & Lt «3) 27 Brit Am Tob B 1. 26% Brit Am To reg 11.20 61% Bruce (E L) Co. 24% Buff, N&BP pf( 32% Bulovaovpf (3% 2% Burma Corp (t31e] 10% Butler Bros (30e) 4% Bwana M Kubwa. 3 Cable Radio T vie... rets Can Pacific(new)w.i. % Caridb Syndicate. ... 80 Celanese 1stpf (17%) 3% Cent Atlanuic Stats 25% Cent Public 34% Cent PSv A (a1.76 94 Cen&SWUtilprin7. 1y Cen States El (140c) 4% 101 Cent Sta El ov pf(6). 508 175 4% Centrifug Pipe (60c) 2 2% Chain Stores Dev... 11 53 Ches & Ohio (new).. 34 263 Citles Service Iflfl‘) 290 88 Cities Serv pf (6. 20 City llunh'l‘.el('l) 16 Clark (DL) Co (1%) 18 Clev Tractor (1.6 5 Colon OH. 2615 Colts Pat Fir E 76% Columbia G & Ei new 44 Columbia Pictures. % Columbia Syndica 234 Com'with Edison (l) BWI im 3% Comwith & Sou war. 12% Com Wat Ser (b6%) 15 Consolidated Aircraf 3% Consol Auto Merch. . 1% C A M Cocum pf. o Consolidated Copper 13% Cons Dairy Prod (2). 90% Con Gas. B5&1L0(3 60) 100 Cons Gas Balt pf A 6. 21% Con Gas Ut A14.20).. - 10 Cons Laundries. 4% Consol Royal (Goc) .. 28 Cooper Bessemer(i) Cooper Bess pf A (3) 5 Copeland Prod loc A T R e = B L LU T ) 39% Coty 800 Anon rets. . 5% Creole Petroleum. .. & Cresson Cons (8c) 18% Crocker Wheeler. & Cuban Cane propt w. 5 Curtiss Flying Serv. 1% Curtiss Wright war. 1 Cusi Mex Mining. 7% Darby et (1).. 18% Davenport Hos (3).. 2 Davis Drug Stor ofs. 3 Layton Air & Kng. .. % Dec R Ltd (Am shs). 4356 Deere & Co (36, 113 Deere & Co new wi... 4% De Forest Kadio.... 4% Derby Oll & Refin... o Detroit Aircratt Cor. 10% Dix Gas & Utilites. . 16/ Doehler Die Casting. 4 Dolores Ksperanza. . 12 Douglas Air (76¢). .. 3l Dres(SR)MIg A 3. 41 Driver erl’lluu'). ¥ Dubilier Cond: 145 Duke Power (36)... 216. 2 Dunlop Rub rcts(28) 6 Luran: Motors. . 16 1!!& Duval Tex Sul w.k.. 26% EastGas& ¥ Asso.. 18% Kast Sts Fow B (1).. 40 Eastn Util Asso (2). 14 Eastern Util Assocv % kimstern Util 1oV A. . 14 Eisler Electric (1%) 0% Kl Bond & Sb (b6). . 103% Kl Bond & Sb pt (8). 24% KSleo Pow Asso (1).. 22% Klec Pw Asso A (1). - ll 16% Kieo Sharenldg (31). 40 Empire Pwr Corp(3) 19% Emp Pub 8v A(1.80) 16 Engineers P 8 war.. 18K Europan Eiec (The). ® Europe Kl Litd opt w. 3% Evans Wallow Lead. 17% Ex-Cel Air&T (1.20) 2 Kabrics Kinisbing.. % Falcon Lead. ... Fansteel Products. .. % First Nat Copper. Florida P&Lt pt (')n 64 Ford Mot of France. 104 Ford Mot, Ltd 37%6.. 8% Foremost Dairy Pr. 12 Foremost Fab (3) 2% Foundation For Shs. 2by K03 Theat ClA..... 76% Galena Signal pf old. 0 Guriock Pkg 11.30). . 2% Generai Baking. ... 5% Gen Baking pf (3) 8% General Cable war... 10% Gen K Ltd rcts «600) 21 th Empire Col‘D 856 Gen Gas&El ov pf(6) 89% Gen G&Ecvpf l (8) 6% Gen Laundry Mach.. 32 Gen Petrol Cerp wi.. 9% Gen Rity & Utili 69 Gen R & Utll pf 20 Gen W W&E A 21 Gleaner Com Ha: 99 Glen Alden Coal 1% Gioue Underwrite % Goldberg Stores (1). #& Goldfield Consol. +* b Goumll.llll‘“) 203 42% THE EVENING STAR, WASHINGTON, D. C, FRIDAY, MARCH 28, 1930. 27% 16 1204 13 Stock and . Dividend Rate. 2% Gold Seal Eln...... Grand Rap Var u). . % Graymur Corp. GrA&PTnv ®).: Gr A &P Teaof (7). Grooe Stors Prod vte. 86% Guardn Fire Assn(3) 131% Gulf Ofl of Pa (1%). Happiness Candy !8 Hartford E1 LNI‘) 100! Helena Rubenstein. . 24% Hires (CE) A (2)... Hollinger Gold (60e) Holophone Co (1) Hudson Bay M & Humble Ofl (3)..... Hydro Elec Serv (3) Hygrade Food Prod. 111 Pipe L c.0.d. (30). 508 Imp Ofl Can reg(60c 1 Imp Oll. Can (60¢).. 6 indian Terr [llum... 82 nd Finotfs (b10%). 6 Indus Finev pf (7). .126- Insull Ut Inv(bé: of N A-flfll). ’ Bales— Add o, on-n m.n Intercontinent Petn. 61 Intl Holdg&Inv 10e. 1 Internl Petroln (1). 18 Intl Superpow (11} 8 Internal Utll A(3%) 1 internatl UtB . Intl Utilities pt (7) (nterstate Equities. . Eq ev pf (3) irving Atr Ch (1.60) [talian Superb war. (taltan Superpow A. Jefferson B (13%).. Johnson Motor Co. .. Jon & N cum pf (3) + Kerr Lake..... Klein (H)pt pf 31.30. Kolster-Br (Am Sh) Lackawanna Sec(4). Lakey Fy & Mch (1). Land Co of Florida. . Lane Bryant Inc(2). Lefcourt Real 11.85. . Lefcourt Real pf (3) Lehigh Coa)&Nav(n) Leonardl Of1 Lerner Stores (2) Libby McNefl & L. .. - GavearRenhoano SN0 ~m »3 Long Isl Lumuoc). Long Isld Lt pf (7). Louistana Lan & Ex. MacMarr Stores (1). Manning-Bowman B Mfgs Fin Co v.t.c.... Marine Mid Cp (1.30) Marshall Fleld & Co. Mavis Bottling. .... Mayflower Asso (33) May Hos com pf (4). Mead Johnson(13%) Db Nat Gas Co. reantile Stors(5). Solurw -~ [STOTOTEE o TP M1d1 Unit (b1% %).. Mid Wet Utll (b8%). Mid West Ut B war. Miller & Sons (3)... Mo Kan P L (b10%). Mock Judson Voe(3) Moh H P 1st pf (7)..125s Montecatini deb rts. Mount Prod (1.60).. 6 Municipal Service... 2 Nat Amer Co. 1 Nat Aviation. 7 Dairy P pf A7) g 1 2 3 if o P ® Fam Strs (1.60) Natl Fam S pf (2)... Nat Fuel Ga: Nat Investors (new) Nat Invest pf (5%).. Nat Mfrs & Stores. . NatPub8vaA (160). 2 Nat Screen Serv 1.60 213 Nat Steel Corp xw (3 27 Nat Sugar NJ (2)... RNeowpor Co (3), N Y Auction (1 N ¥ invest (1.20) 17 NY Merchandise (2) 2 N Y P&L 6% pf (6). 268 N ¥ RiokBu Aires.. 1 N ¥ Tel pf (6%).... 508 Ntagara Hud P(40¢) 85 Niag Hud Pw A war. 17 Niag Hud Pw B war. 6 Niag Shares Md (40¢) Niles-Bement-P t2% Nipissing (30c)..... Noranda Mines (3). North Am Aviation. No Am Aviat A war., North Am Utll Sec. . North Cen Tex (60c) North 8t Pow A (8). North St Pwr pf (6).210s North St Pow pf (7). 50s Novadel Agene (2).. Ohlo Brass B (5).... Onto Copper . . Ohio Of1 (12 Otlstocks,Ltd o Outbd Mot A (1.80).. Outbeard Motor (B). Overseas Sec (1).... Pac Coast Bis pf 3.50 Pac G&EI 18t pf 1%. 30. Perfect Circ] Petrol Corp (1% Philip Morris Ine Philip Morris (A) Polymet Mfg (31) Pratt&Lambert (15) Prince & Whitely. .. Prince& Whitely pf3. Propper McCallm(2) Prudentfal Inv..... Pub Ul Hold war. . Quebec Power (2%). Quincy Mining. Radio Prod.(60) Rallway & Lt 8 (1 RainbowLumProd Red Warrior. pt(6) Reynolds Bros Inc Reynolds Met n 2. Rich Ofl Cal pt Rich Radla cum pf. . Rike Kumbler (2.20) Rocklans Lt&P(92¢) Roosgvelt Field. Inc. Ross Stores, Ino. ... St Rexis Paver (1) St Regis Pap pf(7 Stfeway 8 war (2d) Salt Creek Prod (2). Schlet & Zan pf 3% . 4 Schulte Un be-31 St Seaboard Utilitles. .. Seg Lock & H (6uc). Seiberling Rubber. . Selected Industries. Select Ind pr (6% ).. Sel Ind allotefsb%. Sentry Safety Cont. Shattuck Den Min. .. Shawingan Wa(2%) Shenandoab Corp. .. Shenan Corp pf(a8). Sierra Pac Elec (3).. Silica Gel ot Stato Fin Cor, 1374 Smith (A O) (3) . $7% So Penn Ol (12%).. 24% So Cal Ed pfB(1%). 4% Southern Corp...... 9 Southl 117% 8 W Bell Tell of ¢ % 8W Products. 48% T4% 331% 25 230 26% ' 31a32 T3 | cases; 10% | firsts, 16, 106% - sf 9% ext «"| JUNIOR BANKERS GET Stock and 7 Dividend Rate. 7&4 8 W Gas Util....... Spanteh & Gen Reg. Square Deal (B).... Stand Cap & Seal (n) Strooc! Stuts Motor Car. Sun Inv pf (3)... Sunray Oi] (40e Superheater (133%) Swift & Co new (3).. Swift Intern'l(2%).. Swiss-Am Kl of (6). Syrac Wash M B (1) Tampa Electric (32) ‘Technicolor. Ine... Teck Husnes (600) on Ofl & Land Thecmord Go (2) Tobacco & All Stk: Tobaceo Pr Expor Tonopah Mining. Transamer (11.60). Y'ran Con Alr Tran. . Tr-Lux DL P 8 (A). & Tri-Continental Cor. Tri-Cont Corp war. . Tri-Cont Corp pf(8). Tri Utilities (31.20). Tri Utilittes pt (3).. Trunz Pork 8 (1.60). Tub Art i1k B (10). Tung-Sol LAmp (2). Ungerlelder F Corp. Unfon Amer Inve Union Tobacco Utd Carr Fastnr 120 Unt Chem pt pf (3).. United Corp war United Dry Dock: L L T Sevalanad e aarfZa (ST JoTers 6% Sates— Add o!l Open. lhh. 10% annua) Stock and Dividend Rate. Utility Pw & Lt(al). UtiIP&L B ctfs (al). Utility & Ind. . Utl] & Ind pf fl“) Utility Rquities. Vacuum Ofl (14%).. Venezuela P!m&iflol Vick Fin Corp. WHt!ABonfl,B(l Walgreen Co. . . Walker (H) (1) Walker Min'g (7%¢) Warren Bros.. Watson (JW) Wenden Copper. . West Alr Exp (60c). White Eagle Ofl rts. Wil-Low Cafeteria. Winter (Benj) Utvigeno rates w dol ment PINANCIAL. AM” wu:.lllh Low. 2:88. 16% 16% Utd Founde: United Gas S & Interntl Sec. US&InSctf (2%), © US Radlator etfa(3) U 8 Shares Fin o (s B 5 10% 10% 10% nasec on wst ausrteris or semi- ra In stock s Pavabie B oreferred REWARDS FOR STUDY Institute Holds Midyear Open Meeting—50 Special Cer- tificates Presented. Nineteen standard certificates, 20 pre-standard and 11 graduate certifi- cates were awarded to students in Washington Chapter, American Insti- tute of Banking, last night at the open Spring meeting held at Langley Junior High School, President A. E. Henze presiding. Credit cards also were pre- sented to 35 other students who have completed p-mu courses, the work having been done in the first umesur Pre-standard eertlncleeu were sented to Samuel Bennett, P: Bisset, Frank C. Cook, James Duffy, Jeanette B. Frazier, Walter Raymond Fry, F. Barry Gates, George P. Grau, jr. Victor Heflin, Arnold D. Keplinger, tt D. M. Pfeiffer, ‘Weaver, jr. Standard certificates were presented James H. Dodge, and Blanche duate certificates in commercial g included John F. Colbert, Willlam P. Keith, Willlam H. Laughlin, Carl W. Thompson, Wil- liam G. Winstead, J. Fred English and Charles B. Hagan. Certificates 1:1\ &xve;tment and bn.uhk;l | ing were recelv y Anne Pres Crawford, J. Fred English and Willlam P. Keith. John M. Castell, jr., received a certificate in trust nflnl After the honors had been d.mrga uted, the Security Club presented “A Lucky Break” in a manner that drew forth great applause. The American ity & Trust Co.'s talent was seen dellchtln( all Institute of vnlenum W. R. W Phose awarded DECREASE IN BROKERS' LOANS IS REVEALED Special mwmh to The Star. NEW YORK, March 28.—The weekly statement of the Federal Reserve on brokers' loans showed a decrease of $21,000,000 for the week ended March 26, bringing the total to $3,820,000,000 compared with $3,841 000 l week ago and $5,649,000,000 & year ag Loans for own account were Sl 424~ 000,000 contrasted with $1.266,000,000 last week. Louu for out-of-town banks were $1,118,000,000 against $1,171,000,- 000, and lm.ns (nr account of others were $1. 275000000 compared with $1,404,000, Demand loln! made up $3,337,000,000 ol the total against $3,387,000,000 lweek 2R B, AR com| lred with $454, ast weel Nepumouncement regarding the redis- count rate, which is 3}, per cent, was made following the weekly meeting of the New York Federal Reserve Bank. STANDARD OIL MERGER PROPOSAL ABANDONED By_the A-‘a{oemea Tg——— Davis, counsel for the Standard Ofl Co. of New Jersey, said today that a mer- ger of that company and Standard Oil of California had been considered, but that the plan was abandoned about a year when the Department of Justice decided such a combination would be illegal. Mr. Davis' statement discloses for the first time that a merger of these two units of the original Standard Oil Co. had been definitely branded illegal by the Department of Justice and throws an interesting sidelight uj the recent agreement to merge two other units of the original Standard, the Standard Ofl CO of New York and qhz Vacuum Oil ‘The heads of Sl.lmhrd of New York and Vacuum announced with disclosure of the merger agreement that the De- partment of Justice had declined to advise them as to whether the com- bination was legal. WATER-POWER PROJECTS OPPOSED BY CHEROKEES By the Assoclated Press. CITY, March 28— Claiming the Grand River bed as Indian allotments, Cherokee Indians of Okla- homa are protesting against proposed water power projects, "Mcmheu of t.he tribe want repre- sentatives E ‘Washington and fight the bufld g of my ‘power proj- ects,” State Senator W. M. Gulager of Muskolee says. 1s possible, Senator Gulager asserts, shauld claims _be established by the tribe, that the Indians might be granted easements and be given money derived from the sale of power from hydro- electric pllnl‘ for Indian education, CHICAGO DAIRY MARKET. CHICAGO, March 28 (/P).—Butter— Firmer; receipts, 10,011 tubs; creamery extras, 38%: standards, 38Y%; extra | firsts, 7%a37%; firsts, 34a36; seconds, Eggs—Easy; receipts, 32,218 extra firsts, 20'/,-2 led ord!nnry 22 3 ked firsts, n. ntome Tppal 20%. STOCK AND BOND AVERAGES By the Associated Press. From Yesterday's 5:30 Edition. STOCKS. 'l‘hrre y-n uo. weekly avu..lu s High (1930) - Low (1980)... Low (1930) . GRAIN MARKET CHICAGO, March 28 (Special) —The wheat market was higher today on buy- l 20 Rails. 138.8 138.0 138.9 132.0 e ... 919 104.5 (Copyright. 1930, Standard Statistics Co.) New crop months ad old positions inclined to a lower nng Most of the selling came from the Sout mmission houses, the trade, Liverpool and the continent bought. ing influenced by the dry weather com-| The opening range was May, 15.78, plaints from the Southwest and because ‘Ofl 1; .mly. 15.73, off 3; October, Liverpool did not follow fully our de- | cline of Thursday. March opened | new, vo"l October, new, 1 December, i ey Dld 15.54, up 4; Decem 15.32, up 4; January, old, 15.5 105%a1.05%; May, 1.08%a1.08%; July, |up 7, and .nnu-ry, new, 15.38, up 6. 1.06%a1.06%. After the first half i)on:l;.‘nlwh 1.06%; May, 1.09%;; July, Corn was higher with wheat. March opened at 81; Mly 83%a837;; July. 85a8515. Aff ter first half hour, March, 81%; May, 833 July, 85%. Oats were firm. May opened at 43%:433 July, 43%. After the first half May, 43%; July, 43%. Pruvmona were un- changed. . NEW YORK COTTON. NEW YORK, March 28 (Special).— There was an un dgcldedmnent'.he opening of the Cotton Exchange toda; and prices started 3 lower to 7 hlnwr REAL ESTATE LOANS Made at Low Interest Rates TYLER & RUTHERFOD 1520 K St. ';T“‘;:HM 0475 First Morlgug Loans In Arlington County and Alexandria. vm{m Commonwealth [Investment ., Inc. 06 15th 8t. N.W. Fhone Natiomal 2623 Mortgage Loan Correspondent for The Pradential Insurance Co. of Americo Applications Invited at Current Rates of Interest on improved property in the Dies- trict of Columbia end nearby Maryland. 1851 {% LIFE ISy @@\mmfiefi Mff:.b @ /A Standard Low Premium Policy for Business and Professional Men Details on Request T. Koons, General Agent Union Trust Bldg. Franl 77 ? e 'l/“ 1 l end for us: f Tnsurazce "Exclusicel 'Ffu’:?y Years ‘All Braneh ; LEROY GOFF 1036 Woodward Building Natl 0340 CONSIDER « . . Safety and Liberal Return Careful investors prefer Guaranty First Mortsages...because of the pos- itive safety of prineipal and interest, as well as the liberal return of 64 %. You, teo, should include our Safe First Mortsages for your investment funds. . enjoy unfailing income with full assurance of safe prineipal. Secured on Improved Washington Real Estate and backed by our $3.800,000 resources. Denominations as low as $250 Monthly Payments if Desired Send for Booklet, “The Success Plan” REALESTATE Prompt Service —Minimum Charges MORTGAGE & GUARANTY CoRPORATION Capital Resources, $3,800,000 24 JACKSON PLACE Equitable Co-operative Bldg. Ass'n Organized 1879 JOHN JOY EDSON, President Assets ...............$5,662,549.55 50th YEAR COMPLETED WALTER S. PRATT, Jr., Secretary Surplus & Profits......$1,705,130.78 ‘Amm advanced, while the old, Ty A—15 AIRPLANE DESIGNS CHANGING. RAPIDLY Companies Engaged in Industry Find New Styles to Suit Need By the Associated Press. Experience of 1929 in the commercial air transport of passengers on regular scheduled trips overland are having the usual-effect of stimulating much ehann in airplane des equipment. of the novel h'e"n%p—wmch i lomewhlt contrast with und and ocean transportation e ces—seems to be toward the installation of smaller and swifter planes for air passenger car- than the largest of the 1930 lels. This transition from 18 and 20 pas- senger planes back toward a vehicle to carry t 10 is exhibited both in new s submitted to the Government and in the tentative plans announced for new service installation. The Nae tional Air Transport, which pioneered mail-plane service under private au= spices, is consi the advisability of standardizing on the smaller machines for the new Chicago-New York com- bined express-passenger-mail service. Paul Henderson, operating vice presi- dent of the national lines and incident- ally the individual in possession of most experience with organizing air service, since he operated the first Government lines for the Post Office Department and managed the first year of operation of the Transcontinental Air Transport, has considerable data on German ex- perience in the smaller plane service. Though he does not consider the Eu< Topean conditions as absolute guides here, n has been found that the five and six passenger fast planes used in air service are meeting the . _The Transcontinental, { which works in conjunction with the Pennsylvania and Santa Fe, is still com- mitted to the use of the largest size ghnel yet designed, and it will proba- ly take another year or so of experi- ence with all types to establish the most economic type. New York Central. NEW YORK, March 28 (#).—The February net Tal in New York Central LA c':'mliw‘l,lfld"h Railfoad, that of tM“Ek Four,” and the Michi- g:;pmd‘r:l]nh 87, uu'nwtn Roeiats: 1929, a decrease of 43 per un{ebnmy' INVESTMENT SECURITIES R SR g Real Estate Investments JAMES Y, PENNEBAKER Nat.5291 1520K St. N.W. STATEMENT OF THE CONDITION oF UNITED STATES BRAI LIF/ INSURANCE (c)oup.{'r?#’or RALIFAR, On the 3ist day’of De Decomb quired der the District mended June 30, mz' K ?f@m‘fl.efil Capital stock depos! Capital ‘stock, paid up. | cash 1n bani " Shocks"and bor ; aeine B ant Sl (AR i) LSS Intérest due and secri Total assets .. . $2,462,085.58 LIABILITIES. * unpaid claims 223, Pald claims ;n. 00 red by Tat 186, 00 sumu. Ve emiums expenses, capitai” > Surplus Total liablilties Tents, Character of business t ! '?:na" 1929: Pire Lmu'rln':en'l.:é“ e Amount risk assumed during the year 1929 Losses eustained " during PP et e e Expended during the vear ms ‘m’}?fl Subscribed and thh dly of hbr:l:?m x"'io belare Pubfl ' in New York ttr'l No 1K N Nateh 30, 1991, STATEMENT OF THE CONDITION | CAROLINA l\otuvc:ncounfl oF’ day of Decem| Quired‘under {he Disioie b amended June 30, 1902. ':35 %‘xun Capital stock Capital stock, paid’ uy Cash in bank Real esjate 5 Rea B ands o Socoll Intevest Gue Bos® accriied Tota: asset Net unpuid_clama ) Reserve as required by Relnsurance Belnsurance premiums . expenses. taxes, al S s Total liabilities . Character of busine the vear 1620: Fire Tsurance and s siied ey of risk assumed during the yea Losses -32.485,247.74 $280.062,534.00 315,845.95 Clerk’ Regls- 18, D‘Efi&:’wunw cmk o ist s 7 .2 30. 1931, STAT™MINT o; THE CONDITION GERMANT ! "TRE " INSURAN( | oW SRR nu COMPANY e 'he fimm of Cottoai amends: 1 902, ‘and Ausust 18,911, Capital CaBltal stock, patd up. th ‘cash.: Gash fn ¢ ce . (first lien) 101, bond rket vaiue) 1.801.f uncollected and 1n ral sunarics Total assets . ..52.871.200 T4 Net unpaid elatie $81,506.00 Beserve ‘as required b etE Salaries, rents, expenses. taxes. Subscription for the 98th Issue of Stock Being Received The Time to Save is Now While you have a steady in- come, avail yourself of the op- portunity to save. You will then be prepared for any emer- gency. Join the Equitable 915 F St. N.W. Tota labilities Character transa ear 3025, fl'fi:‘."'"w Venfi-‘ faripe the clom. 'a k Inls on: 'Tarfl-'a"" ""fi‘-’fi-m unfl flfl‘ e $154.765,541.00 160177 uriig ths yeas LR HARRY, 'fi. g'mn It b{:y of Februa Tt8ed g # Kines County. ines County N. ¥ ftd i’ New T olerk' Vo 1. Tission expires Mareh 28 - ufn m“-‘"‘