Evening Star Newspaper, September 13, 1930, Page 12

“MAY REVEAL e mhfihhh—flll-fl GPrevo0— Good. Showing Expected on Next Call by Con- troller Pole. BY EDWARD C. STONE. Bank deposits in the National Capital are expected to make a splendid show- ing following the next call to be issued by the controller of the currency. The third call during the year is usually sent out around the close of September, or early in October, s0 that a condition statement will probably be asked of the local banks in less than a month. Local bank officials report that de- posits are holding up unusually well, and many substantial increases have been recorded during the Summer. It is noticeable that bank deposits always increase after trade and financial de- sions. le of large means place ir idle funds in the banks in large amounts. Industrial corporations and other big business concerns do the same Since the stock market tumble, local bank deposits hnve followed the usual course. Some banks in Washington re- that their -vinu deposits are now Jargest that they have ever been. Commercial deposits are also at a high point in several Iinstititions, Many small depositors have been steadily boosting their savings accounts instead of drawing them down for the purchase of stock, as they were doing in such great numbers a year ago at this time. 'nxe last controiler's call was on June Deposits in this city then totaled 3"7 040,926.88. On the previous call, on March 27, deposits in the local banks were $256,870,920. n: gml si')“or(‘les ;;u u&u a gain of - .M 'on December 31, 19n were $255,- 83, Md 56 80 that the March figures revealed an increase in the first quar- ter of cm- year of tl 087.574.08. ‘Will the figures on next call call show ther increase? )nny bankers say, o8, Title Officlals at Opening. Several officials from the head office were present at the opening_ yesterday ol a local office of the New York Title & Mortgage Co., the delegation flying to the city by airplane. Among the vis- itors were Willlam H. Neal, vice presi- dent: Frnest M. Weaver, assistant vice president, and Horace W. Foster, assist- ant to the president. They assisted Wilford H. Booher, the local manager, and Bernard B. Balley, title officer, in ting the la number of lawyers, mnea men and bankers who attended opening and inspected the spa- clmu ufllcefl on the ground floor of t.m Shoreham Building. Speaking of :lhl n branch, Vice President llc- “The establishment of our Washing- ton branch is an effort to meet the demand on the part of real es- owners and lenders, which not. only exists in this city, but everywhere, for title insurance.” Childs Competes With Bakeries. J. Cadle, former] nt of mfie« Sweets Co., "::-p- of the llaneous | i A szg.% 17‘6 28% 1m 31% 39% 66 55% 21% 156'% 69" 33% T5% 226% 52% Ifil\ llMfi 43 49 m- *Rase. mu 00, High, “31% Adams Bxp (11 8 Advance Rumley. 1034 Alr Reduction (143%4) 16 Alr Way El Ap (1%) 48% Allls Chalmers (3) 18 . Amerada Corp (2) 28 Am Agricul Ch pf. 17 2 21 2 2 17 l ln 61 Am Bank Note pf (3) 100! 27 Am Bosch Magneto. . 8% Am Brown Bov Elec. l 27% 274 % 9% 126% 124 17 1 1 5% 6% 22 21% 276 275% 54% 28% 36% Gl l W 108% Am Can (4). . llg 182% 129‘h 33% Am European Secur. 564 Am & For Power 283 Am Internatl (2).... 39 Am Locomotive (4).. 35% Am Mch & Fdy Co n.. 6 AmMach & Metal; 28% Am Metal Co (1%) 65 Am NatGaspf (7).. 72 Am Pow & Lt (21)... 23% Am R & St San (1%) 1264 Am Rad & S 8 pt 48 Am Roll Mill (n2). 53 Am Sm & Ref (4) 101 Am Sm & Ref pf (8 6% Am Solv & Chem 361 Am Steel Fdy (3) 200% Am Tel & Tel (9) 118 Am Tobacco (new)., 197 Am Tobacco B (t12), 117 Am Tobacco B new., 106 Am Type Fdy pf (7). 784 Am Water Wks (nl), 5 Am Writ Paper ctfs.. 20% Am Writ Pap pf (4).. 6% Am Zine Lead & Sm.. 44% Anaconda Cop (3%). 18 Andes Copper (1%).. 2% Armourof Il (B). 28 Asso Dry G (23)...) 194 Atch To & 8 Fe (10). 30% At Refining (12).... 25% Atlas Stores (n1).... 91 Auburn Auto (§4).... 37 Auto Strap Saf R(3). 4% Aviation Corp of Del 19% Baldwin Loco (1%) . 104% Baldwin Loco pt (7). 96% Balto & Ohlo (7). ..a 78% Balto & Ohlo pf (4) e 20% Barnsdall A (2)....0 673% Beatrice Cream (4).. 27% Bendix Aviation (2). 31% Best &Co (2).. 75 Bethlehem Steel 60% Borden Co (k3) 23% Borg Warner (3) 13% Briggs Mfg Co. . 12% Brockway Mot Trk. 58% Bklyn-Man Tr (4)... 84% Bklyn-Man Tr pf (6) 13% Bruns-Balk-Col... 19% Bucyrus (1)... 7% Budd (EG) (1) 814 Budd Wheel (1). 20% Bullard Co... 264 Bulova Watch (3). 15% Burns Bros (B). 29% Burr Add Mach (1) 9% Bush Term deb (7) 60% Byers (A M). 47% Cslumet & Arizona.. 13 Calumct & Hecla 56 CanadaDry G A 165% Canadian'Pacif (10 40% Can Pacific new. 150 Case (J 1) (‘). 53 Caterpil Tr (13%)... 28 Cent Aguirre As1%. 3% Century Rib Mi 40% Cerro de Pasco (8). . 20 Certain-teed Prod pf 19% Checker Cab (4.20).. 44% Ches &Ohlo (2%). 2% Chic & Alton, 2% Chic & Alton . 81 Chic Great Wi . 27 Chic Great Wesat pf.. 12% Chie Mil 8t P & Pac. 19% Chic MiI St P & P pf.. 66 Chicago & N'W (5).. 11% Chie Paeu Tool...., 106 Chi R 1& Pacpt (7). 24 Chrysler Corp (3)... 38 City Ice & F (k3.60 28 764 T34 2 48% 48% o hundred-share lots Im- s (80s) (2508) only. Prev, Low. Close. Close. % % 85 27% 142 51% 35% 354 109% 109% %% 176 48% 494 18% 18% 65 66% 187 187w 464 461 177% 177 % 661 67 ~Prev.1930~ snd High. Low. Dlvldond Rate. M“v m 62% 25% Hudson Motors (3).. 12 124 Hupp Motor Car (2). 1 73% Illinols Cen 1sIn (4), 50s 19% Independ O & G (2).. 19 2;\5 Indian Motor Cycle.. 2 166‘( 12% 94 Ingersoll Rand (15¥. Inspiration Cop (2).4 Insurance Sh (45¢).+ Ins ctfs (Md) (60c).. Interboro Rap Tran.. Intl Bus Mach (n6) ., Intl Carriers (Zfit).. Intl Cement (4). Inti Combustion. Intl Harvester (234). Int Harvester pf (7). Int] Hydro E1 A (e2) 12 4 Intl Matchpf (4).... 2 Intl Mer Marine (2).. 1 Intl Nick of Can (1), 8347 Intl Pap & Pow (C).., 1 Intl Printing Ink (3) Int Print Ink pf (6).. Intl Sait (3). . Int Shoe (3). . Intl Tel & Tel (2).... Inter Dept Strs (2).. Investors Equity (2) Jewel Tea (14)...... Johns-Manville (3) .. Jones&Laugh pf (7). Kayser Julius (2%). Keily-Spring Tire. .. Kelly-Spring 6% pf.. Kelly-Spring 8% pf.. Kelsey Hayes (2).... Kelvinator Corp Kennecott Copper(2) Kinney (GR) pt (8). Kolster Radfo....... Kresge (S8) Co 1.60.. Kreug & Toll (1.60).. Krog Gr & Bak (n1). Lambert Co (8). Leh Val Coal pf ( Lehman Corp (3). Lee Rubber & Tire Lehn & Fink (3) Lib Owens F Gl « Lig & Myers B (16 Link Belt (2.60) Loew's Inc (3) Loew's Inc pf Loft Inc. Loose-W:! Lorillard (P) Co.. LouG&RE (A) 1% Ludlum Steel MacA & Forb pf (8) . MeCall Corp (2%) ... MecIntyre Pore M (1) McKeespt T P(15%). McLellan Stores. . McLellan 8 pf A (8) Mack Trucks (6). Macy RH & Co (nf3) Magma Copper (4).. Mallison & Co,...... Man Elev mod g (d5) Manhat Elev gtd (7). Marine Mid (1.20)... Rock (16%).. RomrANNON-A 664 148% 123 1% E] » - - 3 i e S S AT AN AN TR NS AER IR DA e ~eNo - = Mexican Seaboard. .. Miami Copper (1%).. Mich Steel (h23)..4 Min & St Loul . ‘Mo Kan & Texas (2). Mo Kan & Tex pf (7). Missouri Pac pf (5).. Mohawk Carpet Monsanto Ch (g1 Montgom Ward (3 Moon Motors . Motor Products (2).. Motor Wheel (3) Munsingwear (14) Murray (B) (2% stk) Nash Chat & St L (5) Nash Motors (4) Nat Aeme (1%). Nat Biscuit n (2.80). Nat Cash Reg A (N) Nat Dairy (12) Nat Lead (18). Nat Pow & Lt (1). fin Steel (2).. 65 108% 145% » 8 Sumarnes et 91% 120% 25% 34 39% 26% 29% 16% 36% 80 9215 121 3 30% 27% 96Y% % | plumbed an 41% 97 % 121% 122% 19 18 4% s 45% 10% Tide Water As (l|7c) Timken Roller (3)... Tobacco Product: Transamer ($1.60) Tri-Cont €orp. .. Tri-Cont Corp pf (6). Truax Traer (1.60).. % Union Carbide (2.60) 198 Union Pacifie (10)... 4 Utd Afrcraft, 4 Utd Afrcraft pf u). . Utd Carbon (2) Utd Cigar Store: Utd Corp (50c) Utd Corp pf (3). Utd Dyewood. Utd Dyewood pf Utd Electric Coal. Utd Fruit (4). Utd Gas & Im (1.20). Utd Plece Dye W (2) Utd Stores (A). . U 8 & For Secur. U 8 Ind Alcohol (1) U S Leath pr pf (7).. USPlpe & F (2) U S Rubber,.... U S Rubber 1st pf. U 8 Steel (7). U 8 Steel pf (7). Univ Leaf Tob (3)... Univ Pipe & Rad.... 6 Util Pow & Lt A (e2) 13 Vadasco Sales Corp.. 1 anadium Stl (14)... 857 Va-Car Chem......... 2 Va El & Pow pf (6).. 108 Vulean Det (4) 198% 161% 1451 141 39 19% 9 2% 45% 30 ™ 1% 143% 49% 8% 4 105% 101 156 60 Stock and Dividend Rate. Wabash . Waldorf Systm (1%) l Ward Baking (A)... 680 Ward Baking (B), . 2 Warner Bros Plet. Western Dairy (B).. Western Md. . West Penn El pf (8). 10s West Penn El pf (7). 308 West Penn Pw pf (6) 10s West Penn P of (7)..260s 36% Westingh'se A B (2). 10 Westing E& M (5).. Add Dfl High. Dividend rates s 4% 4 108% 108 1081 82 82% | prete 80 in f‘nh Dayments based on the latest ai Weston El Instr (1). White SewingMach. . Willys-Overland. . Willys-Over pf (7) Wilson & Co (A) Woolworth (2.40). Worthington Pump. . Wright Aeronaut.... Yellow Truck. Zenith Radfo. . - RIGHTS EXPIRE Mich Steel. Warn Bros P.Sept 15 . Sept 22 1 1% 2% 2 She annus! 3 1 363 24 sbove tamle -n-re; JPArtly extra. 1P nt glven in the than 100 yable el speculative favorites, PAY ROLL INCREASE THIS FALL IS SEEN Better 5utlook for Business Held by Financial Leaders. BY J. C. ROYLE. Employers, workers and economists are not watching the clock, but they are keeping a watchful eye on the c: endar and the pay rolls. mally is & slack month and shows com- q ratively little as to the labor trend. year August, however, seems to have held its own, aithough'there is no doubt that employment for the first eight months of the year showed a marked falling g off as compared with the corresponding period of 1929. September normally shows a pick- up. Economists know this and are ?replred to discount this seasonal rend. Any advance beyond the antici- ted seasonal increase, however, would taken ll the best possible indication that the d xrullon depths have been that the course of busi- ness, industry and trade is on the up- swing. Brighter Outlook Seen. nt of Labor officials are con- 1% | vinced that the outlook for employ- ment in the next 60 days is brighter. ‘n\mmblu this on improvement in some sec in the e industries, in anthracite production, in highway con- struction and in the number of men employed in cultural pursuits, Some shoe factories are working over- time to supply the school shoe and Fall outfitting demand, while the con~ struction of long and expensive natural gas lines has required the employment of thousands of outdoor workers. ‘The operations of the canning and factories are givi work to many applicants. Shipbull activ- ities are such that a steady volume of employment is practically assured for the Labor Department sui is_that few plants have closed éntirely. Many are on a less than capacity basis, but most of them are working part time and furnishing at least some money to their employes, so that acute distress has been avoided to a large extent. This was one of the things most noticeable in the reports from the New England States. Seasonal influences are being felt in the hat industry and in shoe factories, ‘Workers Recalled. In the Middle Atlantic States many car repairmen and sl workers who had been laid off in July were recalled to work, and structural steel shops were well engaged. Shirt and collar factories are still on part time, but hosiery plants are well engaged. The radio indusiry has shown a substantial gain in the, number of workers employed. There has been slackness in the steel and allied industries i the Middle West, but this was seasonal to a cer- tain extent and improvement now is being shown. Full-time employment is Inckfim in most of the automobile and accessory plants, although retail sales are picking up. In the West North Central district the outstanding in- dustrial development was the n in activity of conbtruction, but ere is still a surplus ofsbuilding trade artisans. In the Southeast there is s surplus of labor. but most of the hctofles are engaged to some extent and the situa- tion is not regarded as serious. The East and West South Central districts showed little change, with a general surplus of labor. In the intermountain West the curtailment in metal minin was a discouraging factor, althoug other industries were fairly active. On the Pacific slope canning opera- tions are at their peak, with some em- rloyu working overtime. In California cu::::er{l.udum"l:l 'e:l" at about 70 per ent of capacity. In Oregon in, is at & low ebb and this is lmmg of the jndustry in Washington. (Copyright, 1930.) . COTTON CONSUMPTION, By the Associated Press. Cotton consumed during August was announced today by the Census Bureau to have aggregated 352,335 bales of lint and 57,010 bales of linters, compared with 378,835 of lint and 58,581 of lint- ers in July this d 558,754 of lint and 83,643 of linters in August last e U. S. KEEPS FIRST PLACE IN AUTO TIRE MARKEY By the Assoclated Press. ‘The United States continues to main- tain by a wide margin its position as chief supplier in the world automobile tire trade. A Department of Commerce state- ment gives American exports of this commodity for the first half of 1930 as 1,448,000 units, or approximately one- third of the total for eight leading exporting countries. ‘The world tire trade during the six months under discussion declined 12 rer cent, while the United States, con- idered alone, showed a decline of 14 per cent. This decline was relatively small as compared with that of some other countr! particularly France, with a decline of 28 per cent; 20 per cent for Belgium, 26 per cent for Japan and 28 per cent for Italy. Canada's loss was 14 per cent. The United Kini dom and Germany were the only na- tions registering increases, as compared to last year's period, the former show- ing a gain of 37 'fi" cent and Germany 15 per cent. No breakdown is made by the department showing what percent- age of England's exports are from American branches, but this class of business by local firms in Great Britain is tremendous. POTATO MARKET. CHICAGO, tember 13 (#) (U. 8. Department of lflcunure)—l’m-mu 155 cars; on track, 349; total U. 8. ments, 1,136; weak: trading very slow; Wisconsin sacked Irish Gobbm few ul::.fl:«r No. 2, 1.10; Idaho sacked Ru 3 | Case, STOCKS IN RALLY AFTER EARLY LOSS " | Market Is Depreksed by Bear 3 Raids, but Closes Fairly Firm. BY GEORGE T. HUGHES, lprcml Dispatch to The Star. ALL STREET, New York, Septem; ber 13.—Ylelding under a vicious bege rald, today's stock market exhibited pronounced weakness for an hour or se of trading, only to rally in the last half hour and close with mixed price changes. For a time it looked as though the list was going to suffer a severe break, but there was never any lmporunt liquidation brought out; operations were ::rl:‘;,flyr umlellnlum; t-m!. in '}:' Judg- of experienced traders, was better than the selling. o The recovery was led by American ‘Water Works, uEeover 4 points; by American Can, thlehem Steel and various utilities. , The selling affected the high-priced notably Auburn Auto and Worthington Pump. J. I which had been under severe pressure on Friday, sold off, but not as much as in the previous session. General Motors, at 44, was down 3§ points from the high of the week. In an effort to unsettle sentiment the ralls were freely sold, one block of 5,000 shares of Baltimore & Ohio being thrown on the market. Those who are best informsd expect no change in the regular B. & O. rate at Wednesday's dividend meeting. On the other hand, the August earning statements will be- gin to come out next week, and they were counted on to facilitate covering in the rails, The best showing was made by the utilities, although most of them were lower. American Water out firmly, hfl‘ on the the copper list Cerro d' strong for l time. Vanadi to be in & good technical vultlnn also, but all of these were exceptions. 8. . Curb heavy; rally reduces e?rly K ar; holiday. Coffee holiday. (i B DIVIDEND OMITTED. NEW YORK, September 13 (/).—Di- ft & Tool Cor- SAFE FIRST AN INVESTMENT WIDELY COMMENDED Where investment is desired, MORTGAGES without speculative hazard, first mortgages are recognized as among the best and safest. In‘our 6% FIRST MORTGAGES 13% b6% City Stores (50¢c).... 191% 183% Coca-Cola (6), .. Colg-Palm-P pf (§) the next half year. The annual State and county falrs are taking the of the Summer resorts in provi wage-eafning opportunities to migra- tory workers. One of the remarkable facts noted in Newton Steel (2) N Y Central (8). Money to Loan ‘Paees & AW < YOI = TSN PSR N Y Steam pf(6) North Am Aviation. Nor Am (b10% stk). North Amer pf (3).. North Am Ed pt (6 No Ger Lloyd (3.43). Northern Pacifie (6). Ohlo Of1Co (2)...... Ofl Well Supply. 011 Well Sup pf ( Oliver Farm Equip. . Oliv Farm Eq ev pf.. Qtis Elevn (23%)i... Owens 111 Glass (3).. Pacific Gas & El (2).. Pacific Lighting (). Home Pacific Tel & Tel (7). 10s Packard Motor (1).. 19 Param’nt Publix (4). 48 Park Uta Parmeles Tran 110 104% Col Gas & El pf A (6) 87% 12% Colum Graph (a %) 108 Columbian Carb (16) 40% 23% Comm Credit (2 55 28% Com In Tr (g1.60)... 100 89 Comm Inv Trpfé%.. 38 20% Comm Solvents (31). 20% 12% Comwlith & So (60c). 104% 99 Comwith & So pf (6) 19% 10% Congoleum-Nairn... 80 67 Consol Cig pr pf 6%. 27% 16% Consol Film (2). 28% 18 Consol Film pf (2)... 136% 96% Consol Gas N Y (4) 106 99% ConsGas N Y pf (5). 2 % Consol Textile. 22% 11% Container A (1.20)..: 52'% 18% Contl Baking A. 7 3% Contl Baking B 94% 66% Contl Baking pf (l Ti% 50 ContlCan (234)....0 37% 16% Contl Dia Fibre (1)., 71% 0G0 Contl Insur (2.40). 8% 3% Contl Motors. 30% 18% Contl Oll of Del 40% 16% Contl Shares (1). 83 19 First Mortgage Loans On improved Real Estate in the District of Columbia and nearby Maryland and Virginia for 3, 8 or 10 “year terms on your 2% i, Apply RANpDALL H. FIAGNER & COMPANY MORTGAGE LOAN CORRESFPONDENT NEW YORK LIFE INSURANCE COMPANY 1321 Connecticut Ave. Over a Third of a Century you have amply protected prin- cipal—and this liberal interest, unchanging 'in amounts, paid regularly upon the date it is due. Office Building Business Property NEW YORK BANK STOCKS NEW YO s A n'xe}lmwum Without a May be purchased in amounts from $250 up. SAUL CO 925 15th St. N'W, Apartment Loss B. F, National 2100 Pathe Exchange (A). Penick & Ford (1)... Penney (J C) (3), Penney (JC) pf A (§) Penn Dixle Cement. . Penna R R (4) Petrol Corp (1%). Pheips Dodge (3). Ca&l 16% Coty ING....ecies 36% 25% Crof Wheat "l%) . Crown Cork (£2.40).., Cuban-Amer Sugar. ¢ $8% Cudahy Packing (4). 14% 6% Curtiss Wright Corp. 19% 7% Curtiss Wr Corp A.., 43% 24% Davison Chemical. 10% 6% Dome Mines (1). 30% 18 Dom Stores (11. 87% 67 Drug Corporat (4) 43% 15% Dunhill Intl (34) 145% 95% Du Pontde N (14 121 114% Du Pde N deb pf (6). 255% 175% FEastman Kodak (16) 37% 19% Eaton Axle &8 (3) 62 38 Eitington-Schild p 114% 55% Elec Auto Lite (6 110% 106% Kl Auto-Lite pt ( 3% Electric Boat. . 103% 49% ElPow & Lt (1), 112 105 El Pow & Lt pf ( 79% 61% E) Storage Bat (5) 2 % 22 Exchange Buf (1%).300s 50% 34% Fairbanks Mor 43 30 FedWatS8A THERE DIVIDENDS DECLARED IS NO SUBSTITUTE FOR SAFETY. mmmmum_ J..a o 4 ] 1o Plerce Petroleum. Pillsbury Flour (2 Pitts Sci (1.40)8.. Pitts Steel pf (7).... 10 PRAm Tob A Ofl & Gas ( r Steel Car, Pub Sy N J (3.40)" Pub 8v N J pf (6). Pullman Corp (4). ,s::.q:_,...n_. Hold. o E Putting the Shaft Before the Elevator. ITHIN a round elevator uhslt, square elevator moves ledately up and downein the famous old building of Cooper Union, engineering and art school of New York city, In 1859 Peter Cooper, inventor and philan- thropist, built this structure—and years before the invention of the elevator, he foresaw it coming and left a shaft for it .+« round, for he believed the yet-to-be- This Is an Era of Change born elevator would require a round —but one thing remains as changeless as ever shaft. —the principle of Thrift. Dollar accumula- b ' tion is imperative upon all who would escape Peter Cooper would find many a man wage dependence. after his own heart in Washington to- > pi y A day—men who are buflding for the fi f'You have it in your power to know’ and enjoy e g ittt i i ture, in finance as well as in engineering real financial freedom. Systematic Saving .+ . men who are choosing firm foun- points the way. dations for future incomes, building {Get at it now. Another Pay: da) s here. This steadily, with the aid of sound, non- fluctuating securities—securities such as strong, old bank will gladly handle )our thrift account. the 6% Firsg Mortgage Notes sold through the Swartzell, Rheem & Hensev Open Until 5:30 P.M. Sept. 15th & 16th OFFICERS DIRECTORS, Company, WILLIAM D, WOODBURY - JOOTL- P 120% 215% bt S.......—...-..... “&'fi‘”!&';.’” i 0o 30 1 « Radio Corp. ....... 693 Radio Corp (B) (5).. 2 Radio-Keith-Orph A, 237 RR Sec IC stk C (4). 208 estos Man 2.6 9 1811k (5) Rem Rand (1.60) Teo Motor Car (§06)" Republic Steel (4)... Republic Steel pt (6) Reynolds Tob B (3).. Richfleld Oll u) % Rio Grande Of Royal Dutch Safeway pt (6). St L Southwestern, , Schulte Retall Strs.. 2 Schulte Retall pt (5) 208 Seaboard Alr Sears Roebuc] Seneca Copper i Servel Inc....... Shattuck F G (11%). Shell Unfon Oil. Shubert Theater: Simmons Co. . Simms Petrol (1.60). Sinclair Con Oil (2) ., Skelly Ol1 (2). Southern Cal Ed (2). Sou P Ric Sug (1.40). Southern Rwy (8)... 4 Spalding 1st pf (7)., 108 Sparks Withing (1), 5 Spear & Co pf (7)..,.1108 Splegel-May-Stern, . Stand Brands (1%).. Stand G & B (3%).., Stand G & E1 pf (7)., Stand Invest Corp... Stand O of Cal (2%). Stand O11 Exp pf (5). Stand Ofl of NJ (12) Stand O1l N Y (1.60). Starrett (LS) (12%). Sterling Sec (A). . Sterl Sec pt (1.20)..4 Sterl Sec cv pf (3). .. Stone & Webster (4). Studebaker Corp (3). 2 SRR S2ERRR CEEELPEEEELCOEEE 2 =3 288 3¢ 104% 60% Foster Wheeler (: bas 50 28% Fourth Natl Invest., 57% 16% Fox Film (A) (4). 55% 37 Freeport Tex (15)... 111% 78% Gen Am T'k Car (34) T1% 38% Gen Asphait (4) 14% Gen Bronze (1). 13% Gen Cabl 74% 32 GenCable A, 61% 46% Gen Faodcorv(l),.‘ 18% 8 Gen Gas&El A(ed0c) 59% 40% Gen Mills (3)... 64% 37% Gen Motors (13. lfl)- . 100 92% Gen Motors pf (5) S R s Mfe, S0¢ 1'hnrm nl» fl ! i o5 an' J; w n °T. Phil, dbe tnes. 90 65% Gen Refract (t4% ). . 51% 27 Gen Theatre Equip.. 106% 58 Gillette Saf Ras (n§) 20% 10 Gimbel Bros.. ..... 105% 90% Glidden prpf (T).... 19 7% Gobel (Adolf). 47% 34% Gold Dust (2%) 58% 21 Goodrich (BF 96% 50 Goodyear Tire (5)... 102% 90 Goodyear 1stpf (7).. 28% 8% Gotham Silk Hoslery 62 30 GrandSilver 8 (m1), 50% 31% Granite City Stl (4). 48 29 Grant (WT) (1).aee 102 71% Gr North pt (5). 25% 18 Gr Nor etf Ore (a%). 28 124 Grigsby Grunow. 28% 12% Hahn Dept Stores 35" 35" Hannaof (news (1), 724 B0 Har Wk Ref (12%). 17% 6% Hayes Body.... 109° 70 Hershey Choe (5)... 108% 831% Hersh Choe pf (15).. 41% 26% Holland For (e12%). 29 7% Houdaille Hershey.. 67% 49 Household Fin pf (4) 116% 524 Houston Ofl (b10%). 41% 25% Howe Sound (Nj B53% 41 Hud&Man Ry (3. RERRRRRT R ... BEEE RN RNNREC SNEEEEE o A BEEEE, IR A . TRELR; 93753933 BUNEEEESINEEEE. For more than 61 years these Notes have built for thousands of investors a stead- ily growing fund for future independ- ence . . ., and in that fime no investor has ever suffered a penny’s loss. They can do the same for you. ‘ SWARTZELL, RHEEM & HENSEY Co MORTGAGE BANKERS 727 15 STREET N.W-/ WASHINGTON D.C. P e S o 8 CHAS. ©. FEouomne - Mo amoe~ §. ol 3 sl’nT I-u-. Van de K H D B, 12%e — Oct. - Sa S.n. - S 1 Sept. 10 Superior Oil. Superior Steel. . Tenn Cop & Ch (1) Texas Corp (3).. .. ‘Tex Gulf Sulph (4).. Texas PC & Oll. Texns Pac Land Tr. . 17% Thatcher Mfg (1.60), 11 - Thermold CO. ¢ me e ow R Stoek. MeQuay Norris lu.. 1% Q Oct. 1 Bept.%0 EERAnEE pEE Omitted. Van Sicklen Oorp As 500 Q. dus Oet. 2 National Sai'ings & Trust Co. 64th Oldest Savings Institution in the District of Columbia Cor. 15th and New York Ave. - A =TT =TI .-5«-.‘3..: oes