Evening Star Newspaper, April 16, 1930, Page 15

FINANCIAL. UTILITIES STRONG INCURB TRADING Electri¢' Bond and Share Is Leader in Rising Price Trend. BY JOHN A. CRONE. Special Dispatch to The Star. NEW YORK, April 16.—Led by Elec- tric Bond & Share, which sold above 117 for the first time this year, the util- ities staged a strong upturn on the Curb Exchange today. Electric Bond & Share opened on 6.900 shares and sold in heavy lots throughout the morning at steadily ris- tng prices until it had bettered yester- day’s closing price by 2}, points. Close behind it was United Light and Power “A,” which opened up fraction- ally at 5133 and climbed to over 53, a new high. Announcement that this company is planning to enter the natural gas field on a large scaie through its subsidiary, & Traction, caused the buying. The latter stock, although ex-dividend $2.50, opened 2 points higher and retained a net gain on the day. Midwest State Ul"lties at 26 was also at its- 1930 peak. Advances also were made by American & Forelgn Power ‘Warrants, American Gas & Electric, American Superpower, Brazil Light & ‘Traction, Commonwealth Edison, Duke Power, Middle West Utilities and Stand- ard Power & Light. MERCHANT VESSEL BUILDING INCREASES ‘The total of world construction of merchant vessels is now in excess of the pre-war level of shipbuilding for the first time since the end of the post-war boom in production, in 1923, says a statement just issued by Lloyd's Regis- ter of Shipping, covering returns from all maritime countries for the quarter ended March 31 last. In comparison with the 3,162,000 gross tons of merchant ships under way at the end of June, 1914, throughout the world, the present total shows a gain of over 100,000 tons. For the United States an increase of about 75,000 tons is shown. Great Britain and Ireland, however, are over 100,000 tons below the 1014 figure; but the other maritime na- tions, taken together, have made a gain of 136.000 tons. An increase of 155,000 gross tons is shown for the quarter ending March 31, in contrast with the quarter ended De- cember 31 last, says Lloyd's Register. In this period Great Britain and Ire- Jand made an increase in work under way of 54,000 gross tons, the United States of 43,000 tons, and the other countries combined of 56,000 tons. A comparison of conditions in the last two quarters is shown by Lloyd's Register in the following table of gross tonnage: Mazen reat BAitain and Ireland 1814983 1437196 3,265,920 FOREIGN EXCHANGES. (Quotations furnished by W. B. Hibbs & Co.) Nominal gold Selling checks value (or par) ¢ o R Stockholm, crown TREASURY CERTIFICATES. (Reported by J & W. Selizgman & Co.) Bid. . 100 11-32 100 22y - &l 53555 - 0090000 851 ELZ 100% 11 10214 101 931} 93 52 aommoes® oS on o a9%, e ._...._“.,.. Jo] .fi,ggfi’g-}’? Bo% e Sgppagse: iersta Bower 85 1 Intersta Power 6s '5: In 5gA 4T W gmeon EERFS - 22 _,gg..,.;:___u_m..,—-u-un-......-— 145 100 st Tex UL 9113 o Wea Union Fer 55 ‘80103 " 1 FOREIGN BONDS. Buen Air §':s 61 wi 95 ,Buen Alr Proy 7s '52 4. 78 "48.. ] 6s 63 unmg'fla Mes T 41 s th warrants. " BeWithout warfants. American Light | Notice—All stocks are sold tn ene excepting High 238 24% Stock and al > Low Dividend Rate. 34 Afr Inv 11% Air Inv Incev pros.. 1% Alexander Indust... 16 All Amer Gen Corp.. 4 Allegheny Gas Corp. % Allied Aviation..... 10% Allled Mills (80e)... 108 Aluminum Co, Ltd. . 105% Alu Co of Am pf (6). 19% Alumin Geods (1.20) 354 Am Arch Co (3) 7% Am Br B El fd 85% Am Capital pf (3) 76% Am Capital pr pf 514 . 8714 Am Cit P&L A (a3). 14 AmCP&L B (b10%) 234 Am Cwith P A b10% 34/ AmCwith PBb10% % Am Control Ofl Flds. 25% Am Cyanam B (1.60) 165% Am'Equities. . 60's Am For Power wa: 113% Am Gas & Elec (21). 106% Am Gas&Elee pf (6). 10 Am InvestineB.... 4% Am Investors (war) 225 2 Am Light & Tractn. 1% Am Maracaibo 94% Am Super 1st pf (6) 3% Am Thread pf (26c) 10% Am U&Gen B vto 40e 31 Am Yvette (new) wi 17 Amrad Corporation. . 10 Anchor Post F b10% 12% Anglo-Am vot (73¢). 12 Anglo-Am n-v (73¢). 15% Anglo Chil Nitrate.. 18% Appalachian Gas.... 94 Arcturus Rad Tub 8% Arkansas Nat Ga 8% Arkansas Nat Gas A 18 Art Metal Works(3) 2 asso-Dyeing & Pig 48s Asso Gas & Elec, n. . 3644 AsS0 GAE. A (12.40). 1 Asso Laund (120c).. 39% Asso Rayon of (6) 26% Asso Tel Util (b7%). % Atiant Fruit & Sug.. 224 Atlas Plywood (3).. 7 Auto Musie (A) (1).. 24% Aviation Corp of Am 121 Aviation Credit..... 21 Bahia Corp. . 46 Bancomit n ) 150% Bell Tel of Can (8).. 6% Blue Ridge Corp. 33% Blue Ridge cv pf ( 23% Borne Scrymser (2). 6 Bourjois, Ine (1).... 35% Brazil Tr & Lt 2).. 10t Brill Corp, A (65¢).. 23% Brillo Mfg A (2).. Brit Am Tob B 11.20. Brown F&W. B 2.40.. Buckeye P L (4) Burco. Ine. . Bureo. Inc (wa 10% Butler Bros (30c) 4% Bwana M Kubwa. 2% Cab&Wire LtdA rets 1% Cab&Wire LtaB rets 4% C&W pf rets(37%e). 3% Can Marconi........ 51 Can Pacific(new)w.i % Carib Syndicate..... 30 Cent Hud G&En (2). 25% Cent Public Service. 34% Cent PSv A (aLT5). 19 Cen States El (140c) 72 -Cent Sta El pf(6)xw. 224 Cent & Swst U(b6%) 2% Chain Stores Dev. 12% Chain Stores Stock 28% Chatham Phoe Al 22% Chem Natl Asso 534 Ches & Ohio (n 26% Cities Service nuu) 88 Citles Berv pf ¢ 18 Clev Tractor (1.60). % Colombia Syndicate, 5% Colon Of1 24 41% Colum Plctures v.t.c. 284 8% Comwith & Sou war. 12% Com Wat Ser (b6% ) 1 Comstock Tunnel. . % Consol Auto M 1% C A M Cocum pf.... 5 Consolidated Copper 90% Con Gas, Balto(3.60) 21% Con Gas Ut A(2.31 8 Cons Instrument, 10_ Cons Leundries. 3 Con Ne 1244 Continenta) O1). 38 Soopec Hesspt A @) 11w Corp. Creole Petroleum. 4 Cresson Cons (8¢) Crocker Wheeler. ... Crowley Milner (2).. lea— Am Lt & Tract (10). 200s 29 234 4 2 72 3 4“ Com'with Edison (8)360s ~k46% 5% [ - PYSTOTRIS- [rerey Crown C&S pf 2.70). 1768 4 Cuban Cane pr opt w. 4 Cumb’ind Pipe L(4).875s Curtiss Alrports vte. Curtiss Wright war. Cusi Mex Mining. Darby Pet (1).. Davenport Hos (2).. Dayton Alr & £ng... Deere & Co (16). Deere & Co new w.i.. Dres(SR)M(g A I%. Driver Harris(new). Dubilier Cond&Rad. Duke Power (35). Duran: Motors. ..., Duval Tex Sul w.i. East Gas & F Asso. . East Sts Pow B (1).. Eastern Utll Asso cv Eastern Uil inv A, Educational Pie pf.. Efsler Electric (1%4) Bl Bond & Sh (b6). .. E1 Bond & Sh pt (6 Elec HouseUtil (2).. Klec Pow As80 (1) Elec Pw Asso A (1) ElP& Lopt war.... Elec Sharenldg (31). 4 Emp Pub Sv A(1.80) Empire Steel Corp... Engineers Gold. Buropan Elec (T Euro El, Ltd deb r Fabrics Finisbing. . Fairchild Aviation. . Falcon Lead. . Fandango Corp. Federal Baking Shop Federa) Screw (3)... Flat Stk deb rts. ..., Fiat receipts (1.26).. % Film Inspect Mach. . Fire As Phil (23%).. Firemen's ¥Fd Ins (5) Ford Mot. Ltd 37%e Fox Theat Cl A ... Franklin Mfg (2).... Garlock Pkg (1.20).. Gen G&E av ptf B Gen W WAR A (3).. Gleaner Com Har(3) Glen Alden Cosl (8 Globe Underwrite; Gold Cotn. Golden Center Goldfield Consol. ... Goldman Sache (b8) « Gold Sea! E) B Graymur Corp. 1 10 3 +2268 1 24 4 5 2168 [3 48 117% 117% handred-share those designated ”finlfilnlll‘l\ flltlflmfimfl.flll’h“h.““fl ~Prev 1930.~ 17% 41 THE EVENING STAR, WASHINGTON. lots (288e), o b g u- !'l7l. 42 427 117% 242% 242% 7 & ahrev 100 High. Tate. GuIf O1f of Pe ay). Happiness Candy. ... % Holophone Co (1)... Hudson Bay M & Humble Ol (3) Hydro Eleo Serv (3) Hygrade Food Prod. [mp O1L Can (50e). Ind Pipe L. n (12%4). ind Terr Illu Ol (A) Ind Terr Iilu Of1 (B) Intl Petroleum (1). internat Produ # Int] Superpow (11). Intl Utilities pt (7)., 4 Internal Utll A(3%) Internatl UtB...... Internat) Util (war). interstate Bquities. . Interest Eq ev of (3) Interstat H M (1.40), Irving Afr Cb (1.50, {talian Superb war. . italian Superpow A. Klein (F)pt pf $1.20. Kobacker Stores (1), Kolstar-Br (Am Sb) Koppers G & C pf(8) Lackawanna Sec(4) MacMarr Stores (1). Magdalena Syndicat. Mfgs FinCov.t.c.... Mapes Cons Mfg (3) M e M1d Cp (1.20) Maridn Steam Shov. Mars:all Field & Co. Mass Util Asso Mavis Bottlin Mlynow.r Asso (33) ph Nat Gas Co. ldt a Ma Co (11.70). Met Chain Stores Met & Min Ino (1.20) Mid Sts Pet v.t.c. A.. « Mid Sts Pet v.t.c. B Mid West States. Mid War T2 (8% ). Mid West Ut A war., Mid West Ut B war. Mid Stl Prod pf ne Midvale Co (4).. Miller & Sons (2). 2% Min Corp of C (26¢). Mo Kan P L (b10% ). Monroe Chem (13%). Montecatini deb rts. Morison Elee (31).. Mountain & Gulf 8c). Mount Prod (1.60).. Municipal Service. .. Nat Amer Co Nat Aviation. Natl Bond & S Natl Fam Strs (1 Nat Fuel Gas (1)... Nat Investors (new) Nat Pub 8v A (1.60). Nat Rub Mach (2). Nat Screen Serv (3). Nat Steel Corp xw (3 Nat Sugar NJ (3)..; Nat Unjon Radio. Neet Inc ov A (1. lo). Nelson (Herman)(2) 22 1 so- 1% P » & = PN NN E A A S aBN RS SN ISR ARN 8 OND SRHNAN e n e M o - = PR WR O N 00 New Eng Pow pf (§) lSOl New Eng T & T (8). 6508 New Hav Clock t1% New Mex & Aris Ld. Niag Hud Pw B war. Niag Shares Md (40c) Niles-Bement-P 1313 Noranda Mines (3).. No Am Aviat A war., NoAmL&P (b8%) North Am Util Sec. . North Cen Tex (600) Northern P L (15 North 8t Pow & ( N W Engineer (3 % Ohio Copper Ohlo O1l (13).. 81 Oflstocks.Ltd A 3! 29 Orange Crush (1.50) 10% Outbd Mot A (1.30).. 3% Jutboard Motor (B). Pac G&EI 1st pf 1% Pac Pub Serv (1.30; Pao Western O1l. . Pandem O1l. . Pantepec Ofl. Param’t Cab (! Penn Mex Fuel Il) Pennroad Corp. Peop L&P A(a3.40).. Petrol Corp (1%). Phila EI Pwr pf (2).. Philip Morris ine. Pllot Rad T A (1.20). Pitney B P n (20¢) Pitts & L B (5) Pitts Plate Glass (2) Polymet Mfg (31). 8% Prince & Whitely Prince&Whit: Prudential Inv. Public Util Hol Pub Ut Hold Cp war. Radio Products (1).. Rallroad Share: Ry & Utll Inv (A). RainbowLumProd A RainbowLumProd B Relter-Foster (40c). Reliable Strs (b6%). Reliance Intl w. Reynolds Bros Ine. Rocklans Lt&P (92 Root Ref cv pr pf 1.0 Ross Stores, Ine....: St Rexis Paver (1)., Salt Creek Prod (). Schulte Un be-31 St.. Seaboard Utilit) Seg Lock & H (50 :alblrllnl Rubber. 8eldnd allot ofs 6% . B ntry Safety Cont. Shenan Clnl'l nilll). So Penn Ofl (1234) .. So Cal E4 pfB(13). Southern Corp. . So Pipe Line (12). Southland Roy (1) S W Dairy Products. 8 W Gas Ut) ... S W Bell Tell of (7). L P 7504 P o @ & o o S » Panarvnrsal alroluciananBeutnndSimn nomaud nme ~ma - 2 aon = Sranmwon~~oaNn SS mem® S 508 Southw Penn PL(U uo. Spanish & Gen Ri 8 Standard Molor’l - « St Pow & Lt pf (7). Starrett Corp. . Starrett Corp pf (3).. Stetn Cosmetics Int Steirite Radio. . Stutz Motor Car. Sundstrand llchTflol Superheater (Y3%).. Bwift & Co new (3).. Swift Intern’l(3%).. Syrac Wash M B (1). Taggart Corp (1).... Tampa Electric (33) Technicolor, Teck Hughes Toxon OR & Land.. Thermoid Co (3 Transamer (31. Tran Con Alr Tran Tr-Luz DL P8 (A). Tri-Cont Corp war Truns Pork 8 ( Tubsize Chatillon. .. T (e l 3 17 3 1 2 4 2 6 4 ¥, 2 1 4 17 1 2 6 (] 1 3 8 1 1 9 L3 1 L3 3 ™ e udolo-. High. Low. 3:88 56% 169% 1% 26%% 13 166% 169% 1% 1% 13 18% 10% % 56 30 2 291 10 1% 4% 3 1% 14% . | 25a28; lamb, 22; pork loins, 28a30; fresh D. C., WEDNESDAY, APRIL 16, 1930. FINANCI TRANSACTIONS ON THE NEW YORK CURB MARKET ~Prev 1930.~ High. Low. 38% 33% Stock and Tung-Sol La'pof (3) 1 37 Uugerleider F Corp.. 10 33 Union Ofl Assoc (2). 4 1 ~ Unfon Tobacco 18% 107% 16% 1.1 42 United Chemical Co. a“ Uni Chem pt f (3). 27% Corp war 8% 1% 4“ Utd Founders(b! ll) United Gas Co. . United Gas new United Gas c.0.d. United Gas war..... United Gas pf (7)... Utd Lt & Pwr A (1). United Stores. Unit Verde Ext u). Unity Gold. .. Utah Apex (50¢c). STOCK AND BOND By the Assoel From Yesterday's 8:30 Edition. Previous da; Week Year ago... Two years ago Three years ago, weekly aver High (1930) Low (1930).. (Copyright. 1930. Standard Statistics Co.) PATHE GROSS SALES INCREASED DURING 1929 Special Dispatch to The Stat, NEW YORK, April 16—The annual report of Pathe Exchange, Inc., for the year ended December 28, 1929, shows a net profit of $502,000 after depreciation and interest, after charging to surplus and the special reserve set up in 1928, $999,000. This amount represents the excess cost of pictures completed and in process at April 21, 1928, the date on which the present management took charge of the company’s affairs. Gross and rentals for the | 1920 aggregated $18,166,877, an in-| crease over the previous year in face | St e:d. lmm-l.let number o} pu:ml'eni gm- lu average sale cture being well above the prevlal;’:ryegr. The consolidated balance sheet as of December 28, 1929, showed current and working assets ‘Tel‘ ting $6,960,461, against current liabilities of 81, /552,508, GRADUAL IMPROVEMENT IN HARDWARE DEMAND | Special Dispatch to The Star. NEW YORK, April 16.—The hlrd-\ ware demand throughout the ecountry continues to show gradual improvement, according to reports received from lead- | ing market centers, Hardware Age will say tomorrow in its weekly market sum- mary. Favorable weather in most sec- tions, together with some lmgr‘cvement | in basic business conditions, been the trade stimulating factors. Seasonal merchandise, such as gar- dening equipment, paints, lawn goods and house cleaning supplies, are espe- cially active at present. The demand for staple goods has also shown slight improvement. Few price changes of consequence | were made during the past week. The| price tendency, however, 1ncllnes toward lower, rather than higher, tations, although recent reduct were mostly of a minor character. No major revisions appear likely in the near future. The credit situation, while “spotty,” Sales— Dividend Rate. _Add 00. Open. High. 87 83% 4T % Ut|P&L B ctfs (ll ) . Utility & Ind. Ut & Ind pf Utility Equitl. Vacuum Ofl (4% ). Van Camp Packing. Venezuela Mex Oil Venezuela Ptm(20¢) Vick Financial Corp. Walker Min'g (7%¢) Watson (JW) Co. Wil-Low Cafeteria. Woodley Petroleum. “Y" Oll & G Young (J §) (10) Zonite Prod (1.60 19% 813 22% 27 Tw 19 1% 1% 1 1 10 1% 1% 1% 1% iast quarterly or semi- ra in stock. & Payable in oreferred stock 28% 22% 23% ™ TR T Ex-dividend _tPart) 1n cash or Stock. b Parable’1n s1ock NEW YORK COTTON NEW YORK, April 16 (Special) — Cotton prices were 6 lower to 4 higher at the opening of the exchange today. Following yesterday’s decline of over $1.50 a bale, traders looked for a par- tial recovery today, on the theory that the market was oversold, but market letters today took a pessimistic turn. ‘The South was a heavy seller and while | the trade and overseas buyers were ac- | tive, they bought in small quantities. | The opening range was: May, 15.75. off 6; July, 15.83, off 3; October, old 115.07, up 4; October, new, 14.84, up December, old, 15.17, unchanged; De- | cember, new, 14.98, up 3; January, old, |15.28, up 4; January, new, 15.02, un- changed, and March, 15.23, up 2. o The corporation’s plants at Canton and Massillon, Ohio, have been the first to feel this upturn, he added. 1Plus d Paval AVERAGES Iated Press. lufi: 2 F;(i:lisl.t(; Building & Loan Association Are 7 On Receiving : o Savings Mail coupon for information Fidelity Bldg. & Loan Assn. 200 Natl. Press Bldg. gton, D. C. FOREIGN TRADE GAINS By the Associatea Press. Foreign trade of the United States for March showed an excess of exports amounting to $74,000,000, compared with an excess of exports amounting to $106,000,000 for the same month a year ago and $70,000,000 for February this year. BANK CLEARINGS. NEW YORK, April 16 (Special).— New York bank clearings, today, $1,- w 485,000,000 a year ago, $1,404,000,000. New York bank balances, today, $193,~ 000,000; & year ago, $158,000,000. New York Federal Reserve credit bal- ances, today, $175,000,000; a year ago, 152,000,000. Name ... Address .....cconiiiiitintenannans We Solicit the Rental Management of Your Propnly Whether Apartment, Residence or Business Prompt Collections RENTS REMITTED THE DAY RECEIVED Our- Rental Department is Most Complete and Efficient. We offer co-operation at all times in the solution of Ownership Problems, such as refinancing your mortgage, repairs, insurance, etc. RANDALL H. HAGNER & COMPANY, Mortgage Loan Correspondent New York Life Insurance Company 1321 Connecticut Ave. N.W. Phone Decatur 3600 is considered generally ut\sncwry in most sections of the country. .- Western Maryland Railway. BALTIMORE, April 16 (Special).— April opened auspiciously for the West- ern Maryland llway, the report of es- timated gs for the first week of the month just issued revealed. Es- timated earnings were $350,025, an in- crease of $17,485, or 5 per cent, com- pared with the corresponding week last year. Coal traffic accounted for nearly half of the gain, receipts from that source being $8,324, or 6 per cent larger than they were a year ago. Miscellaneous shipments increased 102 per cent, the gain amounting to $7,894, CHICAGO LIVE STOCK MARKET CHICAGO, April 16 (#) (United States Department of Agriculture).— Hogs—Receipts, 16,000 head, including 5,000 direct. Mostly 10 higher; weighty butchers 10 to 15 higher; top, 10. 160-230 pounds largely 10.30a10. 240-300 pounds, 9.90a10.25. medium to choice, 250-300 pounds, 9.75a 10.25; 200-250 pounds, 9.85a10.45; 160~ 200 pounds, 9.85a10.45; 130-160 poundl 9.60a10.40. Packing sows, 8.85a9.50. Pigs, medium to choice, 90-130 pounds, 9.00a10.00. Cattle—Receipts, 7,000 head; calves, 3,000 head. Weighty steers scarce, steady; all others very slow, weak; top heavies, 14.50; she stock af atlndnu.ll Sllulh\‘er cl Steers, good choice, 1,300-1,500 pounds, H.Mhllflfi; 1,100-1,300 pounds 12.25a14.75; 950~ 1,100 pounds, 11.75a14.75; common and medium, 850 pounds up, 8.50a12.25. Fed yearlings, good and choice, 750-950 pounds, 11.5014.50. Heifers, good and choice, 850 pounds down, 10.50a13.00; | common and medium, 7.75a10.50. Cows, good and cholice, 'I.BIIIDA'IS: common and medium, 6.25a7.50; low cutter and cut- ter, 5.00a6.50. Bulls, good and choice | (beef), 8.0029.25; cutter to medium, 7.00a8.10. Vealers (eailk fed), good lnd chaice, 9.00a11.50; medium, 8.00a! cull and common, 6.0028.00. stocker and feeder , good and choice, all weights, 'I’lhu 25, common and me- dium, 8.00a10.00. Butter—One-pound prints, 42a43; tub, 40'2a41%. Eggs—Hennery, 26a27; cur- rent receipts, 25%%a326. Poultry, alive—Turkeys, young, 34a3 old, 28a30; Spring broilers, 33a40; ter 32a35; Leghorns, 33 cl fowls, 28a30; ca 16; keats, 60al Dressed 38a40; old, 34a35; S) 6a48; Winter chickens, 'I!Il. hnrn‘ 36a37; fowls, 82’ uponl. ducks, 25a26; ts, 80af Meats, fresh klllsd—k.ef 20a23; veal, hams, 26; fresh shoulders, 2: : smoked hams, 28; smoked shoulde: 5 m 28 lard, in packages, 12%; I Live Stock—calves, 8a13; lambs, 108 Iambs, 20, 13; Spring Equitable Co-operative Bldg. Ass'n Organized 1879 50th YEAR COMPLETED JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary Assets. .. «+....$5,723,083.61 Surplus & Profits......$1,755911.57 Subscription for the 98th Issue of Stock Being Received Systematic Saving Accomplishes Most —1If you adopt a set plan for sav- ing and stick to it you will find much will be accomplished in a financial way. Join the Equitable T sisFsenw. SAEE E I'RiSiT MORTGAGES PEACE OF MIND AND PURSE ® Here's an investment you can make—and give up all concern about it. Our 6'2% FIRST MORTGAGES are in the class of sound in- vestments—because there is no question as to security, and no variation as to interest. Over a Third of & Century Without a L ik Fully secured—stipulated re- turn. May be purchased in amounts from $250 up. B. F. SAUL CO. National 2100 925 15th .St. N.W. THERE IS NO SUBSTITUTE FOR : SAFETY AL. #*%%x A—IS GRAIN MARKET CHICAGO, Aprll 18 (Special) —The wheat market ied sharply higher under buying ln juenced by the stead- iness in Liverpool and the firmer Buenos Aires market. Eastern houses o were principal buyers, while pressure to sell was H‘r May opened 10634a106%:, July, 10793a108; September, llO’gllll After first half hour, May, 107%;; July, 108; September, 111. Com was higher with wheat. May opened 831,a83%:, July, 85}aa85; Sep- tember, 8614. After first half hour, May, 83; July, 85%; September, 86 Oats sold higher., May opened 42%a 27 July, 43%4a43%; September, 417 After first half hour, May, 43'%ad3' July, 435 September, 42V;. Pl‘ovulonfi held firm. sxoxr.mm SECURITIES. (Reported by J. & W. !elllmlfl & Co.) fer Allis-Chalme: 1015 1013 Ameriea 1074 !Illifl\nrt & Dmo 1’;‘ 1?!3 . 2 o Si 58 1931 Beth. ‘Stee) Con 1 Galifornia Pet. gurn 5108 ‘1938 No 4'as 123 ‘opper Co. 53 acking Co. § Ml€ 1. of Bost 4 e Mot Accep, T o R T Goodyear T & R. 55 195 Grand ‘Trunk of Canada 6 1036 of Pa. 53 1937 Rotbie O s 18 Internatl, Match Y., Chi. & M‘ & s’ Ry, Southwenem Ry 4s 1932, !'lfl & Co. 193 Srion Ot G, of Galil. sa 1638 100 United Drug Co. 58 1955. Western Electric Co. 5% mo Wheeling Steel Corp. Wheeling Steel Gor) First Mortgage Loans Lowest Rates of [nterest and Commission Thomas J. Fisher & Company, Inc. BUSINESS lNSURANCE en ustration o Exclusively Twenty Years All Branches Transacled JAMES Y. PENNEBAKER Nat.5201 1520K St. N.W. First Mortgage Notes FOR SALE In Denominations of $250 and Upwards JAMES F. SHEA 643 Louisiana Ave. N.W. Mortgage Money for BUILDING LOANS or IMPROVED PROPERTY « Reasonable Rates Prompe Action B. F. SAUL CO. 925 15th St. Nat’l 2100 ; The _Commercial National Bank Savings Deposits Bear Interest on Daily Balances from Day of Deposit to Day of Withdrawal. Com- pare this method with usual method of computa- tion. Call and let us ex- plain. Other Departments are equipped to serve you in all banking and fiduciary matters. The Bank of Personal Service 14th & G Sts. N.W. Resources Over $20,000,000 WADE B COOPER. President By Let That Raise in Pay Earn 61/, SAFELY! By placing that extra money in Guaranty First Mortgages you are assured of a steady, safe income of 6; %. These guaranteed first mort- s are secured on improved ° | estate and backed by our $3,800,000 resourc. In denominations as low as $250 Stop in, or Send for Beoklet “The Success Plan™ May Be Purchased on Monthly Payments REAL ESTATE LOANS REALESTATE | MORTGAGE & GUARANTY CORPORATION Capital Resources over $3,800,000 - 24 JACKSON PLACE