Evening Star Newspaper, March 29, 1930, Page 15

Y PROFTTANING Utilities and Rails Are Fea- tures of Lively Short Session. BY JOHN A. CRONE. @pecial Dispetch to The Star. NEW YORK, March 29.—With trad- ing brisk from the opening gong, the curb market today steadily increased its pace as the session progressed, but price movements became irregular &s some Pprofit-taking set in after the violent advance. Utilities and rails, along with indus- s and investent trusts, were. in demand at the opeuing. Buying in some of the pivotal securities, such as Electric Bond & Share and American Superpower, was §0 hes that bunch- g of orders was necessary, causing delaved openings. Electric Bond & Share opened 15 minutes late on 14,500 shares at 1093, off 1. American Superpower, on a lot of 25000 shares, up %. United Light & others whirled. Tampa Electric again was an out- standing feature, as it was bid up about 11 points to a new 1930 top in the first half hour on reported merger moves. ‘The advance in Long Island Lighting common followed publication of report- ed merger negotiations with Brooklyn Union Gas, which were broken off by the former as the price offered was too low. The prospect of joining Niag- ara Hudson with Mohawk Hudson and forming a new company failed to bring bidding into the first named concern. Chesapeake & Ohio new led the rails, | opening at new high on the belief that the Interstate Commerce Commission soon will act on the carriers’ petition to split its shares four for one. Western Maryland first preferred, usually inac- tive, opened up 6 points and then rose 2 points more to 108, a new high for the ye: ar. Cord Corporation started on a block of 4,000 shares at 16%, up ' and at new high level. Anglo-Chilean Nitrate and Newmont Mining again featured the mine list, while some of the special ties, such as Technicolor, slipped to new lows after brisk run-ups in the last few weeks. ‘The air shares also benefited from the early bidding-up process. Aviation Corporation of America and Irving Air Chute mounted into new altitudes and others equaled previous heights or came near them. A miscellaneous lot of industrials, in- cluding Great Atlantic & Pacific Tea, Starrett Corporation and Dow Chem- jcal advanced, some of them reaching new tops. FOREIGN EXCHANGES. (Quotations furnished by W. B. Hibbs & Co. Nominal gold Selling check: value (or par). today. . $4.8665 appeared at 3414, Power A and ) me.” iira Athens, arach s, drac Madrid, peseta Vienna, schiiling . Judapest BONDS ON THE CURB MARKET. Eales in DOMESTIC BONDS. thousands. Hign. Low. Close labama Pow 55 '56 10134 10134 2 Alabsma Pw 4izs 87 963 968 B Aluminim Co 8 'o2 10212 10213 4B 99 991 40 983, 983% 98" 10634 105% 106%% 50 9 942 100 9912 5 '45_ 106 55 '56 97% & E 4145 48 xw 91 G & E 4'25 '48 ww & E 5t 77104% El 55 '68 86 s C 1 Rubber 5135 12 Hou GG 6' 13 Hous Gulf G 203% 234 8 EShe Buar'cis e Star Gas 13 Eon poreting 3 INYP & 10 Nor Ina 9N Y & 8 18 Ohio Fow 4! wegn Ia s '42... n Standard P, & L 65 '57100% Sun OIl sus '3, 10: texas P & L 53 36.. Co 65 '34.. R s 7 126 est Tex Ut 58 A '87 92% 25 Wes Union Tel bs '60 103 1 Westvac Chl bigs '37. 102% Bales in FOREIGN BONDS. thousands SAgr Mtg Bank Ts '47 87% 1 Buen Alr Eroy 75 82 Buen Air Pr 7izs '47 1015 1Cauca Valley 75" '48.. 86 3 Cent Bk Co 8s B ‘i 1Chile Mtg Bk s ' 8Chile Mtg Bk 6s ' 4Com Pr Bk § a1 8m 99 ° 99" 1017 1013 46 Pow_Ger 6%s '5: Europ Mag 18 C Hanover Cred 6s rco Hyd El s '52 41ial Bup Pow 65 |63 lendoza_Pr. 7' ~Prev 1830.. Stock and Low. Dividend Rate. 42% Acme W Co vte (32) 3% Afr Inve 11% Afr Inv 7% Am Br B El fd shs.. 13 7% Am Capital (B). 1 37 AmChain (3 20 37% Am Cit P&L A (a3). 234 Am Cwith P A b10% . 14 AmCP&LB (b10% 3% Am Cmwith Po war. % Am Control Ofl Fids. 20% Am Colortype (2.40). 60 761 war. 153% 113% Am Gas & Eles (1) 109% 105% Am Gas&Elec pf (8). 15% 10 Am Invest ineB.... 4% Am Investors (war). 72 Am Light & Tract n. 2256 Am Lt & Tract (10) 1% Am Maracatbo 7% Am Natural Gas.... 23% Am Superpower (1). 87% Am Superpow pf (6) 94% Am Super 18t pf (6) 11% Am U&Gen B vte 40¢ 11 Anchor Po: 15% Anglo Chil Nitra 2% Anglo Nor Hold %% Arkansas Nat G €% Arkansas Nat Gas A 261 Asso GREL A (2.40). £0% Asso Gas & Elec, n. . 7 A880 GEE A deb rta.. 29% Asso Ravon of «6),, 28 Asso Tel Utilities. ., 224 Atl Coast Fishc1.40). 15% Atlantic See Corp. .o 224 Atlas Plywood (2).,. 7 Auto Music (A) (1)., 24% Aviation Corp of Am 121 Aviation Credit..... 214 Bahia Corp. . 31 Blauners (12 31% Blaw-Knox Co (13%) 6% ‘Blus Ridge Corp. ... 33% Blue Ridge cv pf (a3} 6 Bourjois, Inc (1)..., Bower Roller Bear. . 85% Brazil Tr & Lt 43, . 2% Bridgept Mach (26c) 2% Brill CorpB........ 32% Bulova ev pf (3%).. 51 Bruce(E L) Co(2%). 24% Buff, N&®P pf(1.60) 3 Burco, Inc (war). ... 2% Burma Corp (t3le).. - &gk CHee aeanm e ne Tt Tu - Ta s 5 Carnegie Metals 63 Clev El lllum 34% Cent P Sv A (al.75). 19 Cen States El (340c) 4% Centrifug Pipe (60c) 1215 Chain Stores Stoek. . 21 Charis Corp (13).... 534 Ches & Ohio (new). . 26% Clties Service (£30c) 18 18 Clev Tractor (160). 265 Colts Pat Fire A (2). 24 Columbia Pictur % Columbia Syndicate. B ColonOll... ....... 76% Columbia G & El new 3 3-JUP. 1> PRRFOOTONIN - Sr—P o (TS % Y bW 3% Comwith & Sou war. 18% 124 Com Wat Ser 1b6% ) 1% % Consol Auto Merch.. S% 5 Consolidated Copper 13% Cons Dairy Prod (2). 90% Con Gus. Halto«3 60) 21% Con Gas Ut A12.20).,. 8 Cons Instrument 10 Cons Laundri 10% Con Retail Strs (1).. 5 Copeland Prod Inc A 11 Cord Corp.. . 12% Corroon & Reynolds. 71% Cor & Rey pf A (6).. 50 Cosden Ofl.... . 39% Coty Soc Anon rets. . £% Creole Petroleum. 18% Crorker Wheeler. ... 324 Cross & Black (3%). 274 Crowley Milner (2).. 4 Cuban Cane propt w. S8 1% Curtiss Wright war. 2 1 Cusi Mex Mining 11 7% Darby Pet (17 b Dayton Air & Eng... Deere & Co (16)..... 2l Deere & Co new w L, 4% Derby Oil & Refin. 5 Detroit Alrcraft Cor. 10% Dix Gas & Utilities. . . Esperanza. . 12% Douglas Air (75¢). .. 71 Dow Chemical (2)... 31 Dres(SRIMIZ A 3%. 41 Driver Harrisinew). 8 Dubilier Cond&Rad. 4% Durani Motors. 25% Kast Gas & ¥ Asvo., 87 EastG&F Apt 18% East Sts 'ow B (1).. 14 Eastern Util Assocv 7% Eastern Util inv A 14 Eisler Electric (1%4) 18 80% EIl Bond & Sh (b6) . 354 103% El Bond & Shpf «6) 5 44% Elec House Util (12) 24% Elec Pow Asso 11)., 22% Elec Pw Asso A (1), 28% ) P& Lopt war,... 5% Elec Sharenldz (31). 4% Empire Fire Ins N » Baprs orsomonmie® ) Smp Pub Sv A (1 80) Empire Steel Corp. . 22% Employ Reinsur 1%. " EngineeraGold..... 4 16 EngineersPSwar.. 2 45 Eureka Pipe Line(4) 50s ¥ EuropeEl Ltdoptw. 6 18% Europan Eiee (The). 1 17 Ex-Cel Air&T (1.20) 2z 3% Evans Wallow Lead. 48 Fajardo Sugar.. 2 1 8¢ 17% Filat receipts (1.36' 100 Florida P&Lt pt (7). 7 10% Ford Mot, Ltd 37%e. 26 12 Foremost Fab (2)... 2 24 Fox TheatClA....e 3 75 Franklin Mfg pf (7). 26s Garlock Pkg (1.30).0 1 2% General Baking..... 8 5% Gen Baking pf (3) 8% General Cable war. 10% Gen E Ltd rets (80e) 21 Gen Empire Corp. ... 85 Gen Gas&El cv pf(8) Gen G&E cv pt B (6) Gen Indus Alcohol., Gen Rity & Utilities. Gen R & Utll pf (8 Glen Alden Coal Globe Underwr! wurSmmnxaNmad Goldman Sachs (b6) Gold Seal Eln...... Gorham Inc pf (3). . Goth Knitback Mach Graymur Corp. ...o. GrA&PTnv(b).. 810 Grelf & Br pf X (7). Groe Storx Prod vie. Grourd Gripper (1), Guardian Invest. ... 11O ot P 14D Hollinger Gold i80c) Hudson Bay M . Humble Ol (3 37% Hydro Elec Imp OIL. Can (50¢). . 37% Ind Pipe L.n (12%). indian Terr fllum. .. ind Fin etfs (b10% ), insull Ut 1nvib8% ). ins Coof N Am (+3). Insurance See (1 40) intercoutinent Pet 0 Internl Petrol n (1). Intl Superpow 41} 341 Internal Util A(3%) 6% loternatl U4 B ... 1t Internatl Ot (war). 10% Interstate Equities. . & Interstat H M () 40) 12 Irving AIr Ch (1 80), 9% Italian Superpow A. 1% Jonas & Naumbure. , 16 Klein (H)pt pf 1120, 23% Knott Corp 12,40).,. % Kolster-Br ¢Am Sh) 36% Lackawanna Recid) . B4 Lakey Fy & Men (1), 1% Land Coof Florida 21% Lane Rryant Ine 15 Lazarus ¥ & R Co. e P35 ® - T e L 10 S e B A DB - LTI -T P Com'wlth Kdison «8,110a & Bales— Add 00. Open. a1 2 High Low. 47 a7 23% 234 424 By 3 32% 16% 5% 2% 15% 14% 88% % Nat Screen Serv 1.60 5 Philip Morris (A) Recsived by Private Wire Dicect te The Star Offics Lefcourt Real #1.85.. 4 Lehigh Con)&Nav(n) 23 Leonard Of 6 Lerner Stores (2) Libby McNeil & L. Lily T Cup (180). Lone Star Gas (1) 13 Long Isl Light(0e). 8 Long 1s1d Lt pf (7). 120s 1 Louistana Lan & Ex. 20 MfgsFinCovte.... 2 Marine M1d Cp (1.30) 9 Marshall Fleld & Co.. 3 Mavis Bottlini - Mayflower Asso (12) 1 Memph Nat GasCo.. 20 Mesta Ma Co (1.70). 6 Met Chain Stores.... 2 Mid Wst Util (b8%). 38 M3 West Ut A war, 3 9 3 Mo Kan P L (b10%). Mock Judson Voe(2) Mohawk Mining(12). Morison Elee ($1)... Mountain & Gulf 8¢). Mount Prod (1 Nat AmerCo. ...... Nat Dairy P pf A(7) Natl Fam Stra (1 60) Natl Fam 8 pf (2)... Nat Fuel Gas (1)... Nat Tnvestors (new) SRS momo e B e Nat Steel Corp xw 3 Natl Transit (1),... Nat Union Radlo. ... Neet Inc ev A (1 60) Nehi Corpn (1.30) Neptune Meter (2) . New Rrad Ofl (50c) NewEng T & T (8).. 508 New Hav Clock 1% New Jer Zine (+4).. N Y Invest (1.20) TSR] « Shares Md(40c) es-Bement-P 123 Nipiasing (30c)..... Noranda Mines (3). North Am Aviation. No Am Aviat A war.. North Am Uti] See. . North St Pow A (8) N W Engineer (2) Novadel Azene (2). Ohto Copper. Ohto Of1 (+2). " Oflstocks.Ltd A $50e Orange Crush (1.60) Outhd Mot A (1.80).. Outbeard Motor (B), Overseas Sec (1). Pac Coast Bispf 3 Pac Pub Rerv (1.30). Pac Tin Corp Spe(5) Pandem Ofl. .. Pantenec Of1 Param’t Cab ( Patterson Sargnt (2) Penn Mex Fuel (2).. Pennroad Corp. n L&P A(22.40) Pet Milk pf (7). Petrol Corp 1% )... Philip Morris Ine... wrmennennSSnanan » 2 » SvaneReomnns Pilot Rad T A (1.20). Pitnev B P m(20c).. Pitts Forging Co. . .. Pitts Plate Glass (2) Plgmonth Ofl (2)... Polymer Mfg (31) .. Powdrell&Alex +3% . Prince & Whitely. .. Prince& Whitely pf3. Prudential Inv Pub Util Hold PugSP & Lt of Pyrene Mfg (80 Radio Prod (60) RainbowLumPr RainhowLumProd B Red Warrior. Rel e Rel'nce Managemnt.. Republic Steel n wi. TRep Steel cum pf (8) Reynolds Rros Ine Reynolds Met n 340, Rocklans Lt&P(92¢) 1 Ross Stores. Ing..... 2 - - Srrovonne Poon % 13 a1 4 St Reeis Faper (1).. Salt Creek Con f40c) Salt Creek Prod (2). Schlet & Zan pf 336, Schnlte UIn 6e-$1 Rt Seaboard Utilities. .. Sheaffer Pen (13) 4 Shenandoah Corp. .. Shenan Corp of (a3), Sierra Pac Eleo (2).. 3 Stlica Gel ct. 5 Ststo Fin Corp 2 Smith (A O) 2)....120s 2 So Penn Ofl (12%4)., 3 SeCal FApfC1%). 1 SoCal Ed nfR(1%). 1 Southern COrp. .. vve Southland Rov (1).. S W Dairy Produe 8\ Gas Ut ..., Svanish & Gen Reg Stand Cap & Seal tn) Stand Inves pf(5%).150 Standard Motors Stand Ol Ind 2% S'and Ofl. Ky (1 60). St Oflof Ohte (2%). 2 St Oil of Ohlo pf (7) 208 1 Starrett Corp 1n Starrets Corp pf (1) Stein Cosmetics Ine Strauss Roth. 2 Stromberg Carl (1%) Stroock & Co (3). Krutz Motor Car Sun Inv of 13). Sunrav Of) (40e). ... Svrac Wash M R (1) Tamua Kiectrie 1323 Taylor Milling (13), i Teehnicolor ine. ... 4 US Dairv B ‘Teck Huches 180¢), . Fhermaotd Co 13) Thermold cum of(7) Tohacco Pr Fxporia Transamer (11 60) ., Tran Con Air Tran, . Tr-Lus DLPS/A). Tri Continental Cor Tri-Cant Carp w Tri Cont Corp n Trl Utilities 131 20). Trunz Pork & (1 60) Tub Art S11k R 110) Ungerietder F €o Union Amer Inve Union Tohaeca 01d Carr Fasine 1 30 Uni Chem ot pf (3).. United Corp war .. 1000 1 9 Founders 110 Gas "o URifed Gas new United Gax war... . Utd L& Pwr A (1), Ute 1.1 & Pwr pf (6)., Unit Molusxes Lid, . Unit Sh Mch 1+33%). U 'S Dairy (A) 18). U SR Elee Pwr ww S Finishing 132 SFoll Bl . S Gvpsum (1 60) [OPSPRTPINSUERP == P Unity Gold., Universal Pletu Utility Pw & y: UHIP&L B ctfs (a1). Utllity & ind. Ut & Ind pf Uniity Raul . Vacuum O11 (144 ) Van Camp Packing. Van Camp P pf(1%) Veneruela Ptmi200) Viek FinCorp ... Waltt & Bond A (2), Walgreen Co Walgreen Co war. Naltker «H) 1) Warren Bros, Wayvne Pump. . . t Alr 3D (80e). Western Md pf (7). West Mass Co (2).,, Wil-Law Cafeteria. . Wilson Jones (3).... Winter ¢ Reni) Zonite Prod «1 60 2 KeaBRRENNARDRREAD " 5 5 25% 46% 3, 4 50 10 an 22% 4% 24% 4% 23% 25 347, 444 24% 9l B8 24 15 a5 38 L3 14 39 4! tenance of dividends by prominent i Iphcin[ of orders for large quantities SATURDAY, MARCH 29, 1930, BETTER BUSINESS OUTLOOK DEVELOPS JTrade Reviews Report Im- provement in Wholesale and Jobbing Fields. Special Dispatch to The Star. NEW YORK, March 29.—The week which has practically closed the first quarter of the year has been marked by a better business tone in certain respects, yet without any broad stimu- lation of activity, according to the weekly reviews of business.. Weather and trade conditions evidence more marked irregularity, although the wholesale and jobbing trade has con= tinued its relatively gradual gains over recent weeks. = Response to the change in seasons lacks a full development and has Leen retarded lately by a blizzard in the Central West and low temperatures in some other sections, but advices from various sections are becoming more cheerful as Spring progresses. Gains More Apparent. Dun’s review of business says: “Actual gains in trade, although not widespread or emphatic, are now rather more plainly visible, with textiles, hides and allied products, and some of the metals participating in_varying degree in the improvement. The unsatisfac- tory aspects of the three months’ period now ending, the slowness and irregu- larity of the recovery and the conflict- ing reports of trends have not obscured the underlying factors pointing to ulti- | mate revival, yet a rapid advance is scarcely to be expected after severe economic _disorganization. ~ Readjust- ments _which continue uncompleted naturally impede the process of re- cuperation, but some of the more re- cent movements have indicated that a stronger basis for subsequent better- ment is being gradually attained. “Comparative stabilization of markets even at low levels would be helpful, and buying has shown some tendency to eniarge in quarters where the persistent fall of prices seems to have been checked. The disproportion between supply and demand in some important channels* is being corrected by restric- tion of outputs, while the relatively small stocks of goods in other lines are a supporting element during the present time of curtailed purchasing. The sharp- ly increased operations on securities exchanges have contrasted with an ab- sence of decisive expansion in the business field, yet the strengthened sentiment in financial circles has had a favorable influence, and the main- companies has suggested confidence in the future.” Better Buying of Cotton Goods. Bradstreet’s report on the state of trade says: “Better buying of cotton goods by Southwestern distributors is a cheer- ful note from Westerr centers. Indus- try, too, shows some unevenness in that lagging operations in northern woods have been ended coincident with the beginning of preparations for a big pro- gram of construction and road improve- ment, which have been retarded in some sections by the return of Winter. Com- arisons with a year ago naturally suf- }’9!‘ because this week a year ago saw pre-Easter buying about at its best, whereas this year's three weeks later date of this festival naturally acts as a retarding element. “Reports from the country's leading labor organization go to confirm earlier ideas that February saw employment at about its lowest ebb, whereas a slight gain has been reported in the first halt of March. Lumbering operations Lave tended to lessen, and coal production has been shaded off. In the Pacific Northwest lumber production has been estimated as considerably below ner- mal and hardwood interests in the mid- dle Mississippi Valley report buying backward. Trade and industry continue | generally below a year ago. “In the fron and steel trades, produc- tion has shown a slight ubswm{nund a notable happening, foreshadowing fu- ture activity in outdoor lines, iz the | of plates to be used in making oil and | gas pipe, building of which, especially | n the Middle West and Southwest, is/ expected to be of immense proportions. A somewhat discordant note in this| trade is the report that steel scrap has weakened in price and that slight re- ductions have been made in tank plates, structural shapes, automobile body sheets and steel strips.” Corporation News NEW YORK, March 20.—The follow- | ing is today'’s summary of important corporation news, prepared by Standard Statistics Co., Inc., New York, for the; Assoclated Press. News Trend. | Mercantile reviews of the week report a slightly better tone in business with considerable irregularity still in evi- dence. Response to the change in season lacks full deyvelopment and has been | retarded lately by a blizzard in the Central West and low temperatures in some other sections. Actual gains in trade. ulthough not widespread or em- | phatie, are now rather more plainly visible, with textile, hides and allied | products, and some of the metals par- | ticipating in varying degree in the im- provement. Readjustment which con- linues uncompleted naturally impede | | the process of recuperation. but more recent movements have indicated that a sircnger basis for subseauent better- ment is being gradually attained. Bank clearings at leading cities of the country for the week ended March 27 amounted to $11,339,732.000. a de- cline of 16.7 per cent from the like week a year ago. At New York City clearings totaled $8,160.000,000, or 17.7 per cent below last year’s. In principal centers outside New York, clearings | amounted to $3,179,932,000. a drop of 14 per cerit. Cities showing increases over a year ago are Baltimore, Richmond and Louisville; in addition to New York, declines continue chiefly in the Cen- tral West and at some Southern points. ‘The Companies. Brooklyn Union Gas reported inter- ests associated with company have made an offer for Long Island Lighting. Buffalo & Susquehanna R. R. Febru- ary net operating income off 44.8 per cent from a year ago; two months’ net off 57.3 per cent. City Ice & FPuel obtains long-term car-icing contract from Central Ve mont Railway, Inc.; to handle this con- tract company will erect large ice man- ufacturing gllnt at St. Albans, Vt. Consolidated Film Industries acquires color process of Vitacolor, Inc. Davis Coal & Coke earned $4.57 on common stock in 1929 vs, $2.16 in 1928 Fox Theaters acquires Crystal The- ater of Topeka, Kans. Huyler’s, Inc. earned 30 cents on com- mon stock in 1929 vs. 6 cents in 1928. Indian ‘Motor Cycle receives contract from New York State for motor cycles and equipment for 1930. Kreuger & Toll Co. reported nego- tiating with French government for re- demption of 1927 loan. Libbey-Owens Glass to merge with Edward Ford Plate Glass Co. Long Bell Lumber earned 6 cents on $4 class A participating preferred in 1929 vs. 39 cents in 1928, exciuding profit on sale of assets in both periods. Motor Wheel has acquired 50,000 shares of Cleveland Welding Co. trusteed common stock through exchange * of shares. Basis understood to be two es Motor Wheel for three and one- % | 8 half shares Cleveland Welding. Reliable Stores earned $3.03 on com- mon stock in 1929 vs. $2.06 in 1928. FINANCI . STOCK AND BOND AVERAGES By the Associated Press. Prom Yesterdsy's Two years ago. . Three years ago, weekly aver. High (1930 Low (1930) Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., March 29.—Po- tatoes, white, 100 unds, 2.2582.65; sweet potatoes, barrel, 2.00a3.50; yams, | barrel, 2.00a3.00; asparagus, dozen, 3.0029.00; beets, basket, 2.75a3.00; cab- bage, hamper, 2.50a3.50; carrots, basket, 1.40a1.50; caulifiower, crate, 1.75a2.50; celery, crate, 2.50a3.75; lettuce, crate, 2.50a3.25; kale, bushel, 60a1.00; onions, 100 pounds, 1.50a2.00; peppers, crate, 1.50a4.50; peas, hamper, 3.00a4.00; parsnips, basket, 50a60; spinach, bushel, 40a1.00; squash, bushel, 2.50a4.00; to- matoes, crate, 1.50a3.50; turnips, ham- per, 50a75; apples, bushel, 75a3.00; g fruit, box, 3.0085.50; oranges, box, .50a7.00; strawberries, quart, 30a60. Dairy Market. Poultry, alive—Turkeys, pound, 35a40; old toms, 25a30; chickens, young, 35a40: Leghorns, ; old roosters, 17a20 capons, 35a40; ducks, 17a30; old hens, 29a31; Leghorns, 20a27; guinea fowls, Cu;:h. 50a75; 1plgeol§sé°gl1r, 30a35. ggs—Recelpts, 3,802 cases; firsts, 25; hennery white, " to . fancy creamery, 36a3915; ladles, 31a32; store Ao 18a19; rols, 25a28; Egg Exports 991,993 Dozen. CHICAGO, March 29 (#).—Eggs ship- ped from the United States during Jan- uary were 991,993 dozen. Imports ag- gregated 37,295 dozen. o e Offices for Rent in the Chandler Building 1427 Eye St. N.W. the heart of Washington's financial district. Single Offices and Suites. TURING free secretarial service, public stenographer, ice water on each floor, high- speed elevators, excellent outside light and Venetian blinds at all windows. Reasonable Rentals HANNON & LUCH Manaoing Agents Edition. MINING DEVELOPMENT IN CHILE INCREASES Mining development in Chile, mainly copper, as the main cause of the rising volume of American capital flowing into that country, is emphasized by Dr. Max Winkler, vice president of Bertron, Griscom & Co., in a study made for the World Peace Foundation. Dr. Winkler ints out that our Chilean investments ave increased almost 35-fold in less than 15 years. “Copper production in 1928, he writes, “was some 30 per cent larger than in 1927, the investment of United States capital having made Chile the second in rank of copper-producing countries.” First Mortgage Loans In Arlington County and Alexandria, V Commonwealth Investment Co., Inc. 808 15th St. N.W. Phome Nationa) 2623 Mortgage Loaw Correspondent for The dential Insurance Ceo. of America LOAN APPLICATIONS INVITED On improved prop- erty in the District of Columbia and nearby Maryland and Vir- ginia. “Bring Your Financial Problems to Us” BANKERS BOND & INVESTMENT COMPANY 734 Southern Bld(. Natl. 1596 1435 K St. Nat. 2345 We Recommend First Mortgage Notes If you reach for too high a rate of interest you wil prabnl!ly have to sacrifice the vasts ly more important feature of anfety of principal. A First Mortgage Note safeguards both principal and income. AL Wm. Gordon Buchanan Councilor & Buchanan Cen Publie : o National 6110-6111-6213 (Telephone Directory Omission) 1st Trust Notes Made by Wm. G. Hill Co. Secured on income- producing property bearing 614% Interest Maturity 18 months Will sell at a discount Address Box 490-E Evening Star BUILDING LOANS or IMPROVED PROPERTY « Reasonable Rates Prompt Action B. F. SAUL CoO. 925 15th St. Nat'l 2100 STATEMENT OF SE THE conDITION Commerce Casualty Co. of Glens Falls, N. Y, On the 31st day uf December, 1 auired under ‘the Disivict of Columia Cons, amended June 30, 1903, and Auense 38,0901 Capital stock . Cabi‘al stock, aid’ i 73800008 Cash in bank $85.992.00 (st 498,500, (market 0 s of agent: Interest Gue and accried: All other assets: Eaulty i C. Re-Ins. ' Bureau, fpenis' - balances .29; debits, 044, ‘Crea Tot: redits, $29.85 o P arend Net unpaid cl"fi:lll‘l’l‘l!& Reinsurance Salaries, rents. te i Commissions. broke ¢ All other liabilities: Contingent reserve Total liabilities Character of business tra ghe sear 1029% cailiuity and Susery. durios year 1939 ... o Money receive 7 Phi $1,995.00 L PR . Soee 1,611,573.00 1srll.eld duiing wne .VCIF. A;v ST, 22. "‘:g!.d.l‘l of ’ebr‘.uly.";!)!‘ao Nesdey . Mo N Commission ; Mayer.& Si)icg]er Co. ARR B. LDI G, i 165, STATEMENT OF THE COND OF THE . City of New York Insurance Company OF NE) On the 3ist day of l“;cczl’?ln.x 1929. as quired under the District of lumbia_Code, | amended June 30, 1902, and August 18, 1911, Capital stock . | Capital stock, b ‘i cash: ' 1.006.500.88 P | Gash in bank ... e £1.212.792.88 ate mortéages (irsi X g e U | _ value) £\ 6.175.520.00 emiums " uncoliected 'and i U " 0! ents ... Interest due and accrued 5000 | All other assets: Recoverabie ¢ | for reinsurance on paid losses 57,366.00 Totai assets +.$7,925,431.75 LIABI Bl ast s.e‘l‘"”"' rents. expenses. . $473.752.00 2,882,179 00 © 7'380.776.60 O it ioe 102.300.00 ash dividends rema 53001 ‘apital stock 200.000.00 2,838.724.15 . 3793543075 igencies . Surplus over all ‘liabiiities Tota! labilities transacted dur: ! Capital & Surplus $3,500,000.00 Deposits invited in any amount. Open Until 5:30 P.M. March 31st and April 1st Who Can Foretell? You have a good position now—fair health, too, no doubt. either ten years he But will you have nce? {No one can foresee—but you can make later burdens lighter by banking something now, as regularly a cash is a lifesaver s Payday comes. Ready in time of need. . fThis strong old bank welcomes deposits in any amount—pays the same Rate of Interest on large and small accounts. OFFICERS: WILLIAM D. HOOVER. WOODBURY BLAI FRANK STETSON, DIRECTORS: .President. st Viee Pres. Trust Officer .Treasurer Secretary National Savin Year gs & Trust Co. 64th Oldest Savings Institution in the District of Columbia Cor. 15th and New York Ave. Character of busine; 154 the .ear 1929: Fi; ed Amount of risk _assumed during ":e‘yzzr ‘}929, Sel. Vear 1039 oo, curing the MODEY eScerved diing e exbenaed dugine the sear ioap 31T H. H. ECHULTE. Secretary . | oo aent: 4 Subscribed and sworn [0 before me this 5% of Pebruary. 1930, - (Seal. ANK C. JOHNSO! Notary Publie. Bronx County Clerk's No. 32: "New York County Clerk's No. 114 New York County Resisfer's No. Commission expires March 30, 1930. Charles F. Roberts, Mgr. 913-919 WOODW ARD BUIT DIN hone National WASHINGTON, D. C. $1,386,677,105.00 1,428,508.79 Statement of the Condition t United Slne: Branch of Union Assurance Society, Ltd., of London, England On the 31st day of Deceml as Teauired ‘indes the ‘DRETIOE ot Cotmab Code, smended June 30, 1002 and "August value) ... Bills receivabie Premiums uncollec hands of agents...... Interest due and accrued. All otiser assets. Total assets LIABILITIES. Net unpaid claims. Reserve as required by law Salari rents. expenses. taxes. ' etc. Co.nmissio: Al other liabilities. Surplus . Total labilities Uharacter of business t; - ingthe Fear”1o35 Bire, "Horer vehiciee: inland navigation and trans. ornado. windstorm and ey: ndo. . hail. sprinkier reakage. riot, civil Sommotion and exblosion. ood. " o 1004 929. . ($398.019.117.00 72,102.23 1,676.476.00 1,506.604.31 A, J. MAKIUS, Assistani U. 5. Manager, pscribed d sworn to befos st da "of Pebruary, Tln e ——— Bronx 3% N. Y. 365, Crer? Fublle, RANDALL H. HAGNER & (0. Incorported THARLES E. HAGNER MGR. INSURANCE DEPT. Real Estate, Loans and Insurance. 1321 Conn Ave. Decatur 3600