Evening Star Newspaper, April 11, 1930, Page 15

. : THE EVENING STAR! WASHINGTON! D. G.! FRIDAY! APRIL 11! 1930. FINANCIAL, %k A_I§ 1 UTILITIES FEATURE PRICES ARE HICHER TRADING ON GURB IR IR INFRUIT MARKET letter o (65s) (2830). which shows those stocks to be sold 0dd lots enly ~Prev uu.- Stock and Sales— W Low oDl Rate, | Add®0. Open. HUh Low, 388 4% Southern Ioe Util A % Investment Company Stoeks Are Also Active in Big Turnover. BY JOHN A. CRONE. Special Dispatch to The Star. NEW YORK, April 11.—Utilitles and investment companies featured today's two-sided curb market, which was marked by a big bulge in volume in the second hour and a gradual tapering thereafter. ‘The record high prices reached by curb stocks yesterday did not deter traders from bidding up more than twoscore issues to new high levels to- day, with utilities and investment com- panies the chief beneficiaries. Electric Bond & Share held around 112 until midday, when it reacted some- what. Cities Scrvice, in the miscella- neous oils, held close to the 42 level. American Light & Traction old and new, American Superpower, Consoli- dated Gas of Baltimore, Electric Power Associates A and common, Hydroelec- tric Securities and United Light & f:wer A rose to record high levels for e year. Marine Midland Corporation was the first of the holding companies to move into new high ground. It was followed by _Tri-Continental warrants, Corroon & Reynolds and Aeronautical Industries. On the belief that copper cannot much longer be maintained profitably to the producers at the 18-cent level traders sold the red metal shares again today., United Verde Extension, Shat- tuck-Denn Mining, Hudson Bay Mining and Newmont Mining sold off. The olls lagged in the first part of the session despite further advances in the price of crude oil. This was true of Ohio Oll, Standard Oil of Indiana and Vacuum. Humble showed some im- provement and Cosden continued its upswing. Penn-Mexican Fuel, a low= priced stock climbed to a new top. Amusement shares lacked the buoy- ancy of preceding sessions. Fox The- aters A in the forenoon was inclined to heaviness, as was Columbia Pictures Corporation due to the new issue. Duval Sulphur registered a new max- imum quotation by leaping 4 points on the first few sales. Among the higher- priced industrials Aluminum Limited Wukthe leader and mounted to a new peal BROKERS’ LOANS GAIN $26,000,000 DURING WEEK Bpecial Dispatch to The Star. NEW YORK, April 11.—The weekly statement of the Federal Reserve on brokers’ loans showed an increase of $26,000,000 for the week ended April 9, bringing the total to $3994,000,000, compared with $3,968,000,000 on April 2 and $5,427,000,000 a year ago. Loans for own account were $1,471,- 000,000 in the current week, against $1,547,000,000 a week ago. Loans for out-of-town banks were $1,184,000,000, contrasted with $1,104,000,000, and loans for account of others were $1,339,000,000, compared with $1316,~ 000,000. Of the total demand loans made up $3,480,000,000, against $3,474,- 000,000 & week ago, and time loans were $513,000,000, contrasted with $494,000,000 last week. No announcement was made regard- ing the rediscount rate of the New York Federal Reserve Bank, which is 31; per cent, following the weekly meeting. Cr e T CONSTRUCTION CONTRACTS. NEW YORK April 11.—With a total value aggregating $85,789,000, contracts let for heavy construction and engineer- ing work throughout the country in the past week made a gain of approximately un 000,000 over the preceding week, and was about $5,800,000 more than in the corresponding week of last year, cording to Engineering News-Recol BONDS ON THE CURB EanSoliSad 00000Wa>> > 3 3 38 oo 0! 6. . onsum Pow A 58 t G oniinen OIl 5148 ‘31 rown Zeller 6: S s sorararer S8 [s]elslole] =gz=gzzz;¥‘. g 837 -y RO e e ous GG, 6%as " 29 Houst Guic'G 6s A 5 Independt Ofl 65 4 Indnap PeL us nland Ut o1 Tnsuil Utiliics 6 Infern Sec Am 8¢ '47 tersta Power 65 o 5282 e 23822282223898583233532382 arragansett P 8 55 ' FERE SESSIEF TSI THFSEENE = 2 2R8333333383382022834828: Szegasis=tasseiEag FREPE FF PR & aawnen s Boun siSe rsBona . AR TS B n»wl‘&wb"-’-‘l"‘ulnu. fi VimWhen lssued. Acme W Co vte (33). Aero Supply Mfg B). Aero unaurwmn- - Agfs nn-worm Ilrl 13%. Afr Inv Inc ov pre... Alr Investors vio. .e\ Alexander Indust. .. All Amer Gen Corp.. Mlllhcn! Gas Corp. Aviation, Alllcd Mills (60e)... Aluminum Co of Am Alu Co of Am pf (6). Aluminum Co, Ltd. . Alumin Goods (1.20) Am Beverage Corp. . Am Book (7). 0). Am Cwith P A b10% Am Cwlith P B b10% Am Gas & Elec (31). Am Invest Inc B.... % Am Investors (war) - BT T T =P PRSI © S - arnGSanknBonas &85 Am Lt & Tract (10). 425- Am Light & Tractn. Am Superpower ll). Am Super 1st pf () Am Superpow pf () Am U&Gen B vt 408 Am Yvette (new) wi Amrad Corporation. Anglo Chil Nitrate. . Arcturus Rad Tube. Ariz Globe Copper-. . Ark N G em pt llne) asso-Dyeing & Ptg.. Asso-Elec Ind Ltd. . Ass0 GEE. A (12.40). 4 Asso Gas & Elec, n. . 7 As30 G&E A debrts.. Asso Rayon pf (6).. Asso Tel Utll (b7%). Atlant Fruit & Su Atlantic Sec Corp. .. Atlas Plywood (2).. Auto Musio (A) (1).. Aviation Credit..... Aviation Corp of Am Aviation Securities. Bahia Corp......... 4 Baumann (L) pf (7) Bellanca Alrcraft... Bliss Co (E W) (1)« Bower Roller Bear. . Brazil Tr & Lt (2).. Bridgept Mach (25c) Brill Corp, A (668) Brillo Mfg......cc0e Brillo Mfg A (2). Buckeye P L (4). Buft, N&BP pf(1.60) Bulova cv ptf (3%).. Burco, Inc..... Chem Natl Asso n-v, Citles Service (330a) 12% Com Wat Ser (b8%) 4 Comstock Tunnel. ... Consolidated Aircrag Consol Auto Merch.. Consolidated Copper Cons Dairy Prod (2). Con Gas, Baito(3.60) Con Gas Ut A(3.20).. Con Gas Util,B v.t.e.. Con Nevada-Utah... Copeland Prod Ine A Cor & Rey pf A (6).. Cosden Oll..... Coty 800 Anon rets. . Creole Petroleum. .. Crown C&S pf 2.70).. ‘Cuban Cane propt w. Curtiss Airports vte. Curtiss Flying Serv. Curtiss Wright war. Cusi Mex Mining.... Darby Pet (1). . Davenport Hos (l)- Dayton Alr & Eng;. Deere & Co (36)....0 Deere & Co new w.L.. De Forest Radio. ... De Haviland (50¢).. Derby Oll & Refin. .. Detroit Atreraft Cor. Dix Gas & Utilities. . Doehler Die Casting. Douglas Alr (76¢). .. Dres(SR)MIg A 3%. Driver Harris(new). Dubllier Cond&Rad.. East Gas & ¥ Asso. . East Sts Pow B (1).. Eastern Utll Inv A.. Eastern Util Asso ov Eisler Electric (1%) £l Bond & Sb (bS). .. El Bond & 8h pf (6). Elec HouseUtil (2). Buropan Eiec (The). Euro El Ltd deb rta. Evans Wallow Lead. Favries Finishing Fageol Motor.. Fairchild Aviati Fandango Corp. Federal Baking Shon Federal Screw (3)... Fiat Stk deb rts. . Fiat receipts (1.35) .. Film Inspect Mach., Fokker Afrcraft..... Foltis Fischer Corp.. Ford Motor Can A... Ford Motor Can B Ford Mot of France. Ford Mot. Ltd 37%e. Foundation For Shs. #03 Theat Cl A ... Franklin MIg (2) Garlock Pkg (1.30) 2% General Baking. 36% Gen Baking pf (3)... 8% Ganeral Cable war... lflt G- B Ltd rets «60e) - Empire Corp. ... llll “m"l"i- Gen Gas&il ov pf(6) !fli MG‘IC‘#I(C) 6 Gen Laundry Mach.. 32 Gen Petrol Cerp wi.. 20 GenW W&E A (3).. 21 Gleaner Com Har(3) 59 Glen Alden Coal (8. 11% Gilobe Underwriters Gold Coin . 3_ Golden Center...... #% Goldfield Consol. ... 35 Goldman Sachs (b6) 2% Gold Ses) EIB,... e 37 Gorham Mfg yj§{1). » o] NN NN AR NS ERA-WE ~ NISNONSON® o EYN1- 1TV -] @ ma e s [ IoTT I Tt =T Tt T o0 P P~ TR~y SR - - » & (A PuaSamE e mar N ’... . Bamtm © o n afim-mu:- - - LTS =82al hundred-share lots l 'T 0= 0 314 Guenther Law (2)... % 28 131% Gulf Oflof Pa (13). 47 Hambleton Corp ctfs 18% Haseltine Corp (1).. Houd-Her ov pfA3% Hydro Elec Serv (3) Hygrade Food Prod. Imp OIL Can (50e). .. Ind Pipe L. n (+234). Ind Terr I1lu Ol (A) Ind Terr I1lu O] :B) ) Interooust Trads (1) Intereontinent Pet n. Intl Holdg&Inv 10e.. Inter Petn (62%c .. Int Safety Ras B 13. [ntl Superpow (31). Interest Eq ov pf 1I) Italian Superpow A.. Jefferson B (13%).. Kirby Petroleum. ... Kleinert Co (3%)... Klein (H)pt pt $1.20. Kolster-Br (Am Sh) Lackawanna Sec(4). Lazarus F&R pf 6%. Lefcourt Real #1.85. . Lehigh Coal&Nav(n) Leland Elec Co (2).. Leonard OMl.... Lerner Stores (3)..., Libby McNell & L. .. Liberty Dairy Prod. Lion Of] Refin (2) Loews Ino war. MacMarr Stores (1), MacMillan Pet($2).. Mfgs Fin Co v.t.e..... Mapes Cons Mfg (3). Marc Int M(633%e¢).. Mar W T br shrs 620. Margay (2). Marine Mid Cp (1.0) Marshall Field & Co. Maryland Cas (4%). Mavis Bottling. ... Mayflower Asso (33) May Hos com pt (4). Memph Nat Gas Co. Mer & Mf S A (1.60). Mesab! Iron. . Mesta Ma Co (11.70) Mot & Min Ine (1.30) Mexico Ohio Of1 Mid Sts Pet v.t.c. A.. % Mid Sts Pet v.t.c. B.. Mid Wat Utll (b8%). Mid West Ut A war, Mid Royalty cv pf 3. Mid Stl Prod, n (2).. M1d1 Unit (b1% %).. Miller & Sons (3)... Min Corp of C (36c). Mo Kan P L (b10%). Mock Judson Voe(2) Monroe Chem (1%). Moody’'s I 8 pt pt (3) Moore Dr Forg A(6) Morison Elec (31) Mount Prod (1.60) Muniecipal Service, Natl Fam Strs (1. IG) Nat Food P, B(Hi) Screen Serv (2). Steel Corp xw (3 son (Herman)(3) rada Cal Elec. Eng Fuel n Jer Zine (14)... Mex & Aris Ld, Niagara Hud P(i“) Niag Hud Pw A war. Niag Eud Pw B war. Niag Shares Md(40c) Niles-Bement-P 133 Noma EI Cor (1.60).. Noranda Mines (3).. No Am Aviat A war., North Am Util See. . North Cen Tex (60c) North St Pow pt (7). North St Pow A (8).. N W Engineer (2) Novadel Agene (3).. ©Ohlo B Tel cm p2(7). Ohto Copper. Ohto O11 (12 Ohio Power, p: Ollstooks.Lid A 1508 Orange Crush (1.50) Outbd Mot A (1.80).. Outbeard Motor (B). Pacific Coast Bis. ... Pac Coast Bis pf 3.50 Pac G&EIl 18t pf 1% . Pao Pub Serv (1.30). Pao Weatern Oll.... Pandem O1l. . Pantepec Ofl. Param't Cab (b8%) . Parke Davis (11.45), Penn Mex Fuel (2).. Pennroad Corp. . Penn Pwr&Lt pl ('l). Penna Wa & Pwr Peop LAP A o e aBonSe - D N A L LT LN = o anSsS © o o o = T I T ST L - LT o TN - ooy 1 0019 09 e et 1 0 85 1 e 0 Y P 1O D ST OB b 0 B0 forey —e - 35 (TS JOPRRPIR -} TP = T 1 B oron i ehe o REQ (a3 Pepperell Mfg Co II)IBOI Perryman Elec Co.. Petrol Corp (1%)... Phila Elec Co pf (5). 152; Philip Morris ine. .. Philip Morris (A). .. Plerce Governr(1%) Pilot Rad T A (1.20) 5 Pitney B P (30¢).. 250: Pitts Forging Co. Pitts & L B (5).. Pitts Plate Glass (3) Plymouth Of) (3)... Polymet MIg (31)... Premier Gold (246).. Prince & Whitely... Prince&Whitely ofs. dence Co pf (1).. Pl‘ufl.nt.lll Inv... Public Util Hold w w Pub Ut Hold Cp war. o 450. 2 PugSP & Lt of (6). 3 Pyrene Mfg (30a).. Radio Prod (50). Rallroad Shar: RainbowLumProd B Relter-Foster (40¢). Reliable Strs (b5% ). Rel'nce Managemnt.. Repetti Candy. Rep Steel cum pf (§) Reynolds Bros Ine.. Rice-Stix DG (l%)- Rike Kumbler (3.30) Rocklans Lt&P(93c) Rolls-Roy of Am pf. Roosevelt Field. Ine. Rosa Stores. Ine.... Ryan Consolidated. St Rexis Paper (1).. Sailt Creek Prod (3). : . 137% Smith (A O) (3). 5 Soutb Coast. 37% 8o Penn Ofl (13%4).. 24% 8o Cal B4 (1%).: 4% Southera Corp. .aurx o oBommr T annaSana © 10t & O T RPRORART e N | $580,000, which is ) 70% Stand Inves pf(5%) Bl)u % Standard Motors. 49% Stand O1L Ind (2 33% Stand Oil Ky ( 81 St Ofl of Ohio ( s 1 8t O11 of Ohio b! (1)) 210l Stand Pow & Lt..... Stand Pub Ser Co A.. Stand Pwr & Lt Starrett Corp... Starrett Corp pf (3). Stein(A)& Co (1.60). StelnA&Co cu pf 6% Stein Cosmetics Ina. Stetson (J B) (6%).. Stroock & Co (3) Stuts Motor Car. Sun Inv. % Sunray Oil (40¢) Swift & Co new (3).. Swift Intern1(2%).. Superheater (133).. Syrao Wash M B (1) Taggart Corp (1).... Tampa Electrio (32) Technicolor, Ine. ... % Teck Hughes (80e).. Thermold Co (3).... ‘Tobaceco Pr Exports. Tonopah Mining Transamer (11.60) - o s_.3 o ® rrBonen aonuteSiBnveslon rannSunui R osones aa D Tri Utllities pf (3).. Triplex Safety Glacs 19 Tubsize Chatillon. .. 20 Tung-Sol Lamp (2). 17% Ulen&Co.......... 264 Uugerleider F Corp. 26 Un Nat Gas, Can 1.60 % Union Tobacco 14% fInited Corp wi 6% United Dry Docks. 11 Utd Carr Fastnr 1.20 % Unit £l Ser pur war. Utd Founders(b3.48) Gas Co. Utility & West Alr Exp (600). Western Md pt (7).. Wil-Low Cafeteria. . Williams R C (1.40). “Y" Oll & Gas. Zonite Prod (1.60)... Utility Pw & Lt ( UHIP&L B ctfs uu. Utll & Ind pf (1%).. Utility Bquities. Vacuum Ofl (T434).. Venezuela Ptm/20¢) Vick Financial Corp. Vogt M1g Co (2)...0 Walgreen Co. Walker (H) (1). 41 25% 9% 9% 50% Barmmn 6% 19% 20% o ind........ 49% 10% 3% 14 40 llS 115 11 18% 1% 11% 16 16 16 2% 2% 24 20% 20% 20% - h o maRennon sons BeBEBrEervabos RIGHTS. 1 Asso Tell Ut .. 32 32 Ind Ter 11l O11 28 Ludlum Steel. L] g e “ekeanvigend Rockl'd L & P. 4 1% 1% 1% 1% vidend rates in dollar based on iast quarterly or semi- tPart, 13% 13% 135 in cashor stock b Pasante 1y seck Plus extra in stock. a Payavie o in preferred stock. GRAIN MARKET. CHICAGO, April 11 (Special).—The wheat market showed a surprisingly steady tone foday in view of the weak- ness in Liverpool and the showery con- dition in the Southwest. There was little pressure to sell and this caused local to cover. Winnipeg held fairly steady also. May opened 1.127% to 1.13%; July, 1.15% to 1.144; Septem- ber, 1.17 to 1.173%. After first half hour C May, 1.14; 117%. Corn was weu: under local bear pres- sure. May o] 86% to u%; September, 88 to 87%. After first half hour May, 84%; July, 86%; September, 88. Oats sold steady May opened 443 July, 45%; Septem- ber, 43% to 44. After first half hour May, 44% Provisions were easy in -— $1,000,000 FOR SHIPS. The United States Shipping Board has approved a construction loan of o be spent in re- President July, 1.14%; September, conditioning the steamship Fillmore and $420,000 for reconditioning ! the President Johnson. Both ships are now in the Newport News shipyard. PARIS BOURSE PRICES. PARIS, April 11 (#).—Prices were ir- regular on the Bourse today. Three per cent rentes, 89 francs 50 centimes. ,'F‘lve per cent loan, 102 francs 50 cen- Exchlngz on London, 124 francs 22 centimes. The dollar was quoted at 25 francs 53 centimes. PLANS BOND ISSUE. By the Associated Press. Authorization to issue $653,000 of 4 per cent refunding and $631,000 of 6 per cent consolidated mortgage gold bonds was sought yester- day by the Seaboard in an lpplwluon m the Interstate Commerce Commissi TREASURY CERTIFICATES. (Reported by J. & W. Seligman & Co. Rate—Mcturity. Offer | 100 14, 00 2-32 i | 100 1-32 100 1-32 pened 84% to 84; Juny““ ; July, 48%; September, 437%. | B tone. Purs ‘mortgage gold bonds | Air Line Railway SHORT-TERM SECURITIES. (Reported by J & W. Seligman & Co.) i Allis-Chalmers Co. 55 1037.. Totia o5 107 100 100% 3 Bell Tel of Canada 8o 1 h Steel Corp 6s 1931 C:lllormn Pelnfl Co, l !1 . Iln Nur Ry. C. 1935 % nilind 1- mq Enite cognrr Co. 5 1047 Cfldlh' ICKIH Humble Oil 8%s 1 Internatl. Matcl rg 8 N. Y., Chi. & 8t. 10: je Lt & Doke w.n 1930 Sz 97 Sitclair Grude OFF Ga 5':3 1938 Standard Oil of N. J. 55 Standard Ol of N. FR Ny 8t & B.'Ry. 55 1931 &5 Sougest. Ry. Co. 45 T & S £ oalt. 5s 1935, ma nion of Calif. ‘55 United Drug Co. 55 1955 3 Western Electric Co. 55 1944 Wheeling Bteel Corp. 5125 1948. . Wheeling Steel Gorp 4148 1989 . Three years High (1930) Today ..... Previous day. Week ago. Year ago... Two years ago.. Three years ago, weekly aver. High (1930) Low (1930).. 28 basic industries support the dividends of . . .. NEW YORK COTTON NEW YORK, April 11 (Special).— Cotton prices reacted sharply at the opening today, following Thursday’s advance. Quotaticns were off 4 to 9 points despite the estimated increase in March cotton consumption at 533, 000 bales, compared with 495204 in February, as reported by the New York Cotton Exchange Service. Opening prices were: May, 16.40, off 4; July, 16.41, off 7; October, old, 15.60, oft '9; October, new, 15.38, off 7; De- cember, old, 15. 13. off 5; December, new, 1551, off January, old, 15.80, off 8; January, n"l, 15.58, off 6; March, 15.78, off T. CHICAGO DAIRY MARKET. CHICAGO, April 11 ().—Butter firm; 10,969 tubs; ereamery, extras, 37%; standards, 37%;; extra firsts, 365a37; firsts, 341,a3515; seconds, 31a33. steady; 26; graded firsts, 24a35; ordinary firsts, 23a23%; storage packed firsts, % | 26%; store packed extras, 27%. AND BOND AVERAGES By the Assoclated Press. Prom Yesterday's 5:30 Edition. STOCKS. CORPORATE TRUST SHARES Common stock of these 28 companies underlie CORPORATE TRUST SHARES There is always the possibility, however slight, that the investor in individual stocks may not always be secure against decline in price or interruption in dividend over a long period of time. This possibility is * reduced to a minimum in CORPORATE TRUST SHARES because instead of one there its dividends. are 28 basic industries supporting CORPORATE TRUST SHARES repre- sent an ownership through common stocks of a cross section of American industry. Each stock is a dividend payer. Welded together, they form a bulwark of security that is as sound as the financial structure of America itself. Price at Market about $10Y; per share Descriptive Circular on W GRrRAHAM, PArRsonNs & Co, 1422 WALNUT'STREET PHILADELPHIA 48 WALL STREET NEW YORK 500 SOUTHERN BUILDING — WASHINGTON READING SCRANTON PITTSBURGH BOSTON BALTIMORE WASHINGTON Eggs | 34,046 cases; extra firsts, 25%2a | Agriculture Department Ao Reports Vegetables in Far Better Position. Fruit and vegetable markets were in 8 far better position last week -than they have been for quite a while. Very | material price advances were recorded {for strawberries, onions, cabbage, ,and old potatoes. Values of citrus fruit aiso are much higher than they had been. ‘The Florida shipping season for citrus will close on April 15. Apple prices Héld well and celery markets strengthened. Among the few products to decline ' were asparagus, lettuce, Florida tomatoes, new potatoes and Texas onions. it First Cantaloupes Here. ., First cantalou) of the season ‘in car lots arrived from the west coast of Mexico, and it will not be long until the Imperial Valley of California is ship- pl.nl cantaloupes. Watermelon acreage in the important Southeastern aréa:is being generally decreased this season. Texa. plantings also will be reducéd. Three early States sh urplng string beans had a combined total of nearly 30,000 acres this Spring, or one-fifth more '.!un last year, and the intended plant- ings in six second-early States are &bout 25,000 acres, or practically the same as last season. North Carolina and Mis- sissippl report decreases, while uth Carolina and Louisiana have material increases over their 1929 bean acrefige. Shipments from the Rio Grande Va ey of Texas increased to 90 cars last weel Florida originated 60, and f. o. b. pr}gu of beans were lower in both States, Caulifiower movement dropped to 300 cars for the seven-day period, m California stock. Forwardings of exns spinach increased slightly to 370 cays, and Virginia went up to 115 cars. Bushe] baskets still brought 45 and 50 cents at Texas points. The Texas car- rot movement became quite active a; am Green pea shipments from Califs totaled 105 cars. Sweet potato turwflrd- ings increased to 310 cars, half of which came from Tennessee. Output of .24 leading products together increased to 16,925 cars, or 1,500 more than duting the same week last season. Citrus Prices Advancing. During the past month or six weeks city auction prices of Florida citrus frult have advanced fully $1 per bex. Recently the average value in eight large markets of Florida grapefruit was about $5 a box, and for oranges about $6 a box. Considerable fruit is beimg placed in storage for future require- ments. As many as 1,000 carloads were supposed to be stored in a commercial way at the opening of April, approxi- mluly two-thirds being grapefruit snd ] l.l‘l';?‘ther third being oranges and mixed Orange shipments last week still ve- jquired 1,635 cars. Forwardings from Californiadecreased to 1,165, while Florida started 465 cars to marke Shipments of Florida grapefruit “if- creased to 770 cars, but other States ummnzed only 60, and imports amourst- ed to 115 cars. - Real Estate Loans Made ' Linkins Co. 3 Money to Loan Secared of trast 1 estals. Fravaline interest. and u'-‘-'a'.‘n... = ltueph I Weller SaMet & G Wm. Gordo.l': Buchanan Councilor & Buchanan Certified P Accountants Tower Building National 6110.6111-6213 (Telephone Directory Omission) ~ MONEY TO LOAN ON IMPROVED DISTRICT OF COLUMBIA REAL ESTATE No co)mlllloxl ov. RENEWALS ~ COLUMBIA PERMANENT BUILDING ASSOCIATION 783 12th Street N.W. Nat. 0352-0853- " Attractive OFFICES 15th St. N.W. The center of Washing- ton's Business and Finan- cial District. Ideal loca- tion for real estate, in- surance and brokerage business. Most Reasonable Rentals B. F. SAUL CO. ©25 15th St. Natl 2100 lnsure Your Funds to” Earn 657 Safe Guaranty First Mortgage Bonds Choose these guaranteed safe. investments and enjoy positive. safety and liberal return. - Guaranty First Mortgages are- secured on paying real estate in- Washington and backed by our® $3,800,000 resources. . In denominations as low as $250 Stop in, or Send “The ucuu’or'hn" May be Purchased on Monthly Payments REALESTATE Hnmmutimm CorPORATION Capital Resources over $3,800,000° 24 JACKSON PLACE