Evening Star Newspaper, September 24, 1930, Page 15

FINANCIAL CURBIS IRREGULAR | NEW YORK CURB MARKE Note—All stocks are sold In one hundred. 0. TRADE MOBILIZATION PLAN IS WORKED OUT By the Associated Press. Secretary of War Hurley has an- nounced completion of a plan of in- NEW YORK COTTON NEW YORK, September 24 (Spécial). —Though the cotton market reached a new low level for the year in all markets today, the tone developed more resist- ance and fluctuations held within' a STOCK AND 'BOND AVERA(ES By the Associatei. Press. From Yesterday's 5:30 Edition. Received by Private Wire Direct to The Star Office lots 1930.— . Stock and Dividend Rate. Sales— STOCKS. | INQUET TRADNG Firmness at Opening Is Fol- . lowed by Recessions in Some Issues. % BY JOHN A. CRONE. “Bpecial Dispatch to The Star. NEW YORK, September 24.—Irregu- larity replaced the firmness that ruled | at the opening of the New York Curb Exchange today. Trading was dull from the start of the session. | Leading utilities like Electric Bond & Share, American Foreign Power, Ameri- | can Superpower and Middle West Utili- | ties reacted from their early bulges. This | was true also of Cities Service and | ‘Standard Oil of Indiana. Traction Sells Off. ‘The better tone of the London market Jailed to be reflected in international Becurities here. This may have been ‘due to the fact that the most active in- | ternational issues had unfavorable news | developments to overcome. f Brazilian Light & Traction sold off in Y¥esponse to its August earnings, which | Wwere down abcut $132,105 f:om the same | ‘month a year ago. European electric | and international utilities' were softer | and so was Ford Motors, Ltd. | Excessive stocks of oil, a slight gain in | ‘erude output and threats of portions of | ‘the pro-rationing plan breaking up. as well as intensive price cating campaigns, combined to force petroleum shares lo er. Vacuum Oil was the first of the /Btandard group to_hit a record low for the year. Indiana Pipe Line and several ‘thers equalled their previous minimum quotations. Standard Oil of Ohio hit a wecord low at 721. around midday. Amusements exhibited softness. Tech- nicolor fell to 18';, a new bottom price. Fajardo Sugar, moving along with the commodity, fell to new low levels at 44l off 23,. Eisler Electric was the first Radio issue to register a new low mark. New Low Records. 1 American Cyanamid B, which recently ©mitted its dividend. after earnings for the fiscal year showed regular disburse- ments earned by a small margin, at- tained a new low for the year at 15, ‘Which contrasts with its peak early this Jear of 37. Newport Co. also declined. ‘Today's session brought out a number of inagtive shares and meny of the higher-priced industrials and utilities. Deere & Co. fell several points, as did Great Atlantic & Pacific Tea. Ameri- €an Gas & Electric was off 3 points at one time, while Nevada California Elec- tric v'“‘g';h'n ne‘ll"gldtvl“’e that amount. curb admitted to temporary list- ing the class B shares of American Mathis, Inc. METAL MARKET. YORK.. September 24 (#). — T quiet; electrolytic, spot and fu- 0!;. Iron quiet; unc] ed. Tin : spot and nearby, 28.80; future, .00. Lead steady; lsgt. New York, | 5.50; East St. Louis, 5.35. Zinc quiet; East St. Louis, spot and future, .25. ;i’:éo Antimony, 7.62; quicksilver, "CHICAGO STOCK MARKET By the Associated Press. 150 Harnischfeger 250 Hart-Carter 100 Hart 8 & M 5 Flre e reman........ { 200 Jefferson Elec . [ SoKatz Drug...... 300 Kelloge Switch 39 Lasalle Ext 3250 Libby-McNeili 400 Lincoln Print || . 30 Lincoln Pig bt 450 Lion Oil Ref . 50 Lynch Corp ... #87C00 Majestic House ‘Ut 50 Manhat Dearborn Field Mirs AT 3 Mickelberrys Food Br 8950C Mid West Util 2 2186 Mid W UL “A” wa 200 Midland Nat Gas L 40 Midland United 400 Marshal] 200 Merch & r A H Studebaker Stude Mail A T P i‘:‘"‘ $8E8eEaustisisglnst, Eeoggd L s an!! a;ilritl Sissl Lo exceptiing those ~Prev. 1030.~ Stock and High Low. Dividend Rate. 23% 15% All AmGen Corp. . 9% 3% Allegheny Gas % Allied Aviation. § Allfed Mills (60c). 105% Alu Co of Am pf (6). 210 Aluminum Ca of Am. 17% Alum Goods (1.20): . 31 Amer Austin Car. ... 26 Am Bakerles (A) (3) 30 Am Capital pf (3)... 6 Am Capital (B) .... 35% Am C P&L (A)-(a3). 12% AmC P&L B (10%).. 18% Am Com P A (b10%) 19 AmCyanamid (A)... 15% Am Cyanamid (B) 3 Am Dept Stores. 49% Am Dep St 1st pf 12 Am Equities. 38% Am For Pow (war 104 AmGas&El ($1). 7% Am Invest Inc (B) 527 Am Lt& Trac (2%). 11 Am Maricabo. ...... Am Natural Gas. 3 Am Phoenix Corp(3) 101% Am Pub Ut pr pf (7). 1T% Am StP S A (1.60) 20% Am Superpow (1). 7% Am U & G B vte 40c.. 15% Anglo Chil Nitrate. 81 Appalachian Gas 8% Arkansas Nat Gai 814 Ark Nat Gas'(A).. # Asso Dyeing & Ptg. 28% Asso Gas & Elec. 301 Asso GRE A (a12.40) 89 AssoG&EpL(5)... 147%: 97 Ass0G & El ctfs (8). 60% 38% Asso Rayon pf (6).. 2812 .9 Atlantic Coast Fish. 26 11% Atlantic Secur Corp. 1% 8 Atlas Uil Corp..... 55 24% Aviation Cor of Am.. 7% Aviation Securities. . 120 Babcox & Wil (19).. 50s 70 Baumann (L) pf (7). 258 6% Blue Ridge Cp (40c). 2 33% Blue Ridge cv pfal.. 291 Brazil Tr & Lt (h2).. 2% Brill Corp B.. 1% Br Celanes&rct 7 Burco Inc 3 1544 an 2 B R T T I ‘o o & 9 157 16 891 15% 43 14% 16% 16% 81 511 4619 93 - Son Celanese 1st pf (73] Cent Atlantic States. 20 CentHG&En80e.. 251 Cent Pub Sv Del,.... 24% Cent Pub Sve Aal.76 1 19 Cent St El (k40c). ... 101 Cent St El cv pf (a6). 4% Centrifug Pipe (60c) 2!s Chain Store Devel. .. 17% Chat Ph Al nv (50c) 10% Chlcago Corp (The). 1061 Childs Co pf (7). 243 Citles Serv (g30c). 88 Cities Servpf (6)... 1% Clark Lighter (A). : » CISTE ISP o) (U Ore wowen® 5% Col Ofl & Gas vte.... 31 Col Piet vte (£134).. 3% Com & Sou war. . 3% Consol Copper-. . 90% Cons Gas Balt (3.60). 10 Consol Laundries(1) 101% Cont G & E pr pf (7). 25 6 Cord Corp. 9 19% Corp Sec Ch 65 Cor& Rey pf A (6). 25% ‘Cosden Oil, ... 5% Creole Petroleum. 15 Crocker Wheeler. 1 Crown Cent Petrol. 9% Cr Cork Int A (1) 34 Cuneo Press (235). 2 Curtiss Airpohts ytc. 1% Curtiss Wright war. 2% Dayton Afr & Eng. 65% Deere & Co (m1.20 2% De Forest Radio.... 15% Deisel W Gilb(1%)... 43 Derby Oil Refining. . 2% Detroft Alferaft.c... 18% Diamond Match wyi. 24% Diamnd Mtch pf w.i.. 10 Dixie Gas& Util.... 8% Doehler Die Casting. 12% Douglas Afr (T5c) 65 Dow Chemical (2) 31% Dresser Mfg (B) (2) Driver Harris new. . Duke Power (§15) Dug; 2% Dur: o 1 Durh Hoslery (B) 1 East Butte... 25% EastG & F Asso 18% East St Pow B (1) 7 East Utll Inv (A). 7 Kisler Electric Corp. 70% ElBond & Sh (b6) 103% El Bond & Sh pf 92)4 El Bond & Sh cu pf 19 Elec Pow Asso (1).. 16% klec Pow Asso A (1) 28% El Pow & Ltop war.. 15% Elec Sharehold (31). 82 El Sharehold pf (a6) 30% EBSIncAn-v(2).. 5 Empire Corporation. 39 Emp Pwr part $4.04. 16 Emp P Ser A (a1.80) 12% Europ E Ltd A (60c) 31 Europ Elec deb rts. . 14 Evans Wallow Lead. Fabrics Finishing. Fajardo Sugar & Falcon Lead Fansteel Praducts. atrews (1.25)..... 27% Fire Assn Fhila 1.60, 12 Flintkote (A) (1%). 18% Fokker Afrcraft. ... 26' Ford Mot Can A 11% 10% Ford Mot Litd 37%e¢. 21 Foundation For Shs. 215 Fox Theater Cl (A).. T R BRI A 10% Gen E 18% Gen Empire Cor (1). 72 Gen G&E cv pf B (6) 80 Gien Pub Sv pf (6). 12% Gilbert (AC) (1). 75 Glen Alden Coal (8) 9 Globe Underwriters. 2 Gold Coin (new) 2% Golden Center % Goldfield Cons: 15%: Goldman Sach TC . 1% Gold Seal Elec new. . 30 Gorham Inc pf (3).. 180 GrA&PTn-v(5).. o 2 e & 9% Groc Stores Prod vte 28 Guard Fire Asso (2). 114 Gulf Oilof Fa (1%). 8 Hall Lamp (60c) . % Happiness Candy . 13 Houston Ofl of Tex. 7 Hudson Bay M &S.. 78 Humble Of) (2)..... 31% Hydro Elec Sec (2).. 812 Hygrade Food Prod. 18% Imp Ofl of Can (60c) 31% Ind Pipe Line n (13). 265 Ind Ter I11u O (A). 267 Ind Ter Ilu Ofl (B). 60 Indus Fin ev pf (7). 53 Insull Util Inv tb9 % 61% [nsCo N Am (13), .. 10% Insurance Sec (1.40) % Intercontinent Pet n 4 Int Hydro Elec(war) 17% Int Petroleum (1). .. 9% IntSaf Raz B (12%) 30% Internat Super (f1). 344 Int Utilities A (33). 6% Internat Util (B)... 79% Intl Util pt pf (7) 6% Interstate Equitie 33% Interst Eq cv pf (3). 5% Interst Hose Mills. .. 14 Lron Cap Copper. ... 1%*Irving A Chute war. % Italian Superp (A). . hare designated by the letter s (80s) (250s) which shows those stocks to be sold in odd . Add 00. Open. Italian Superp war.. 9 3% Kolster-Br (Am Sh). Lackawanna Sec (4) ., Lefcourt Real t1.85.. Leonard Ofl. .. Lily Tultp Cup ( Lion Ol Ref (2). Loew's Inc war) Lone Star Gas n Long . Long Is1 Lt pf (7)... Louisiana Lan & Ex. MacMarr Stores (1). Man-Bowman A 1% .., % Marion Steam Shov.. % Mass Util Asso...... Mavis Bottling. ..... Mead Johnson (144) Memphis Nat Gas. Mer Ch & Mercantile § Met & Min Inc (1 Mid St Pet vtc A. Mid W St Ut (1%) ... Mid West Ut (b8%) . Mid West Ut A war.., Miller & Sons (2) Mo Kan P L, : MoKan P L vte..... Miss Riv Fuel bd rts. Moody's 1S pt pf (3) Mount Prod ¢1.60)... Municipal Serv(133) Nat American Co. ... 4 Nat Aviation Nat Fam St b2% % Nat Fam St pf (2)... Nat Fuel Gas (1).... Nat Investors. i Nat Leather. Nat Pow & Lt pf (6).15 Nat Pub Sv A (1.60). Nat Screen Sv (2).,.. Natl S T Sec A f50c. Nat Trade Journal Nat Union Radio Neisner Bros pf ( Nevada Cal Newberr 3% bed 3b 12% 1% lots only. . High 178 Low. Close. 16% 164 3% b ~ 814 By 110 210 1R 43 30 3 6lg 39% 14% 177 20 14% an B0 13 INny - [y s Framemm~m PSR e e El g P A BT TR N N A S 451 14% 1214% s New F Rox USEl Venezu Vie Fing 100% 29 8% 2% Dividend payment. *Ex dividen 8% in stock. &Plus 2% in stock. k Plus 2 ™ 8% in stock. | WORKERS PURCHASE OVER| hese shares 66,000 SHARES OF STOCK Spesial Dispatch to The Star. NEW YORK, September 24.—More were paid for through monthly deductions from salary, Mr. Zahrn explains, and do not include stock bought privately by employes nor that held by executives of the parent y () New Haven Clock (1) Newmont Min (£4).. Newport Co (2) N 'Y Merchandis Y Rio & Bu Alres. . N Y Tel pf (63%). N Y Transit (+1.80). iag-Hud Pow (40c) 1ag-Hud Pow A w. Niagara Sh, Md (40¢) Noranda Mines (2).. Nordon Mines, Ltd No Am Aviat A war.. or Am Util Sec. or Europ Oil C or Ind Pwr Sve (). or St Pow A (8) 4 Nor St Pow pf (6). Ohio Copper. .. Ohgo Oil n cui pr(6 6% Outboard Mot (A)... Overseas Secur (1) Pac G&E 1st pf (1%) Fac Pub Sv (1.30). Pac Western Oil. ... Paragon Ref ctfs(B) Paramount Cah Mfg. Parke Davis (11.65). i Patterson Sarg (2) Perryman Elec. .. ... Pennroad Corp (20c) Penn Mex Fuel (2).. Peop L & P A a2.40. Petrol Corp war. Philippe (L) A 11 Pitney B P n (20c)... Power Securitie Power Securitie: Prent Hall cv (3) Prince & Whit (25¢). Prince & Whit pf (3) Prudential Invest. .. Pub Ut Hold (50¢ Public Util Hold war Puget S P & Lt pf(6) Pyrene Mfg (80c). Rainbow Lum Pr A Rainbow Lum Pr B Reiter-Foster. . Rellance Int (A Reliance Manag Richmond Radia Rock Lt & P (90c). Root Ref cv pr pf. a Int Corp. ..., Ryan Consolidated. . Safeway Sors war 2d180s & StAnthony Gold.... & St Regis Paper (1).. 120 4 Salt Creek Prod (2).. a 8 Seaman Bros (3).... Seg Lock & H (50c).. 8 Seiberling Rubber-. .. Selected Industries. . Sellndall ctfs(434). Select Ind pr (5%).. Sentry Safety Cont, Sheaffer Pen (13) Shenandoah Corp Shenandoah Cp (a3). Smith (A ©) (2).... So Am Gold & Plat. . Sou Penn O11 (12%). 4 So Cal Ed pt B (133). So Col Pow (A) (2)... 508 20 Spanish & Gen rets Stand C& Sn (2.40). Standard Motor: 5 Stand Ol Ind (233).. stand Ol Ky, (11.80) Stand Oil Ohio (2%).200s 4 Stein Cosmetics Strauss Roth. .. Struthers Wells T. Stutz Motor Car Sunray Oil (40c) . Swift & Conew (2 Swift Internat (2% Tampa Electrie (32). Technicolor Inc. .. .. Texon Oll&Land (14) Thatcher Sec Corp. ., Todd Shipyard (4)... Tran Con Air Tran.. TransLux DLFS.. Tri-Cont Corp (war) Tri Utilities ($1.20). ‘Triplex Safetv Glass Tung-Sol L pf (3)... Twin 8t NG A pt (1). Union Am Invest. ... Un N G of Can 11.60. Un Oil Asso (32). Unien Tobacco. Utd Car Fast (60¢). Utd Corp (war). . Utd Found b2-35 sh. Urd Gas Co (new) Utd Gas (war). Utd Gas pt (7). Utd Lt & Pow A Utd Lt & Pow pf « Utd Shoe Mach t4 U S Dairy (A) (5) ec Pow ww, U 8 Foil (B) (1) 1 88 13 Utd Verde Ext (2)... Univ Ins (3% Util Pow & Lt (a1).. Utility & Ind. Util & Ind pt (1%).. Utility Equities Vacnum Of1 (4). 5. . a Pe n Cor (40 rol. Waltt & B'd B1.20).. Walker (H) (1)....., Walker Min (7%c). . venden Copper. .. .. West V Coal & Coke West Pow pf (7).... Wheatsworth (1114) 5 Wil-Low Cafeteria. . 8. 5 Zonite Products (1). RIGHTS. 1ns Coof N A..Oct 1 rates in dollars based on last quarterly or semi-annusl tPartly extra $Plus 4% In stock. cash or stock. b _payable in stock. e Aavul-m:‘ divide; 2 2 1035 1031 29 29 10% 104 Expire. 41 2% 2y & Payable in nd. £ Plus b Plus 1% -l 1 Plus mPlus 3% in stock. o Plus 8% in stock. 10% in atock. fits to those who entered the employ of the company or who joined the com- pany through merger since that date. Out of this ground of employes, 1,734 subscribed for 13,025 shares. . dustrial mobilization has been worked out, designed to make economic burdens of war fall with equal weight on every class of our citizenship. “It is unfair, unpatriotic and dishonest to ask one man to die for the republic. while an- other is profiting by war,” he says. ‘The mgject is to be investigated and reported on by December, 1931, by a commissicn authorized at the last ses- sion of Congress under a law looking to amending the constitution so as to erty during war for public use. The legislation was based on the theory that as men are drafted for war a similar control should be exercised over in- dustry in order to prevent profiteering. The commission is not likely to meet until December, but the War Depart- ment has been making some prelim- inary investigations based on experi- ences in the last war. It is understood by the American Mining Congress the department may outline the relation of | the Government toward the mining in- dustry in future wars, and will have available the views of mining officials expressed in appearances before com- mittees of Congress. TREASURY CERTIFICATES. (!!Nllld by J. & W. Seligman & Co.) Rate—Maturity. s Dec. 15. 1930 3 2 2 3! K 3 BONDS ON THE CURB MARKET. Salesin DOMESTIC BONDS | thousands. 1o, High TAlabama Pw 42 '67 9ul4 1Alabama Pow 55 68104 ' 1 4 Aluminum Co 55 '52 104’4 1 Aluminum Ltd 35 D 104 1041 101 52 ig Str Real 5125 ities Service b5 w 20000000 leve Ter Bidg 65 '41 Ed 425 E Bait 4%as H 1 3555 eScens: 99992999 FE 0l G & E 85 A ntinen Ol 3ls ° i FgEmEmgEOpE00 I ;Efl it 3 yerace Fd 6s Tiimeis P 4§ nsull DL 1 Intercon Pw ¥ . 14 Intern Eec Am 5s '47 8034 3 Intersta Power o o1 ¥i4 14 fowa LEP 55 157 U8 10 New Enk GAE 55 '48. 913 94NY Fo In blzs ‘48 ww 7% S6N Y P&L 4'as '67... 970 3 Niag_Falls Pow 63 '50 106 3 Nor Ind E 885 C 66 104% 19 Northw Power, 65 '60. 10 Ohio Edix 85 ‘60 wi.. 10 N 3 19 Ontario P&L %28 '50 96 3 Oswego R Pow 65 '31101% 18 Pac Pow & Lt s.... 10005 X 8 PAc GRE 4'as P 57 S8l 3 b Cen Po1. Y 0 98 Pa Cen P&L 4%as * i 20 Penn O Ed 5%5s B '5) 1023 9 Peop L&P 53 19 ww. 843 11 Phila Eiec 5! oor & Co 39 2Portiand G E 4'3s 6Potomac Ed 5s E 2 Pow Co N Y 5 Scripps 5las 43..... R TN 3,5 68 E 03%4 as & E 65 66 103% P& 1 65 57102 & L 55 427Tri Util 8s 9., 5Twin States 63 Valspar 40, 1 Vaivoline Ofl 75 58 Van_Sweringen 6s '35 1Va E & P 58 5. . lort-Astor 7s ‘54 891: Penn 5s 2030 wi 93% Tex Ut 53 A 'ST 967 FOREIGN BONDS, Agr Mtg Bank Ts '46 4 Wes 28 Wes SR2R2u822RRBRRINSB2IE, ST 332323332323 FEFSE E authorize Congress to take over prop-. Two years ago.. Three years ago, weekly aver. . . High, 1930... Low, 1930 High, 1929 Low, 1929 | Low, 1929. 4 sy W GRAIN MARKET. CHICAGO, September 24 (Special).— After selling at the lowest level since 1907, the wheat market ran into good support_during the late trading today and rallied sharply. Eastern houses, which had sold earlier, replaced this wheat in the aft- ernoon, and there was good buying by Eastern and Southwestern cash houses. Shorts covered freely. Reports were received that the Farm Board was supporting the market through its agencies, but these rumcrs could not be confirmed. Sentiment was much improved on the theory that the market had been thoroughly sold (Copyright, 1930, Standard 20 Rails. .5 | | | Statistics Co.) COTTON SPNNING TRADE ON 65.2 /ER CENT BASIS By the AssociatedPress The cotton sgnning industry was re- ported today by the Census Bureau to have been opemted during August at 65.2 per cent/capacity on a single- shift basis, ascompared with 67.4 per cent in July t4s year and 77.7 in_August lastyear. Spinning spidles in place August 31 totaled 3399398, of which 25,873,978 were active some time during the | month, with /he average being 22,163- | with 34,030,706, 26,464,- | per cent | ]2 narrow range to close 6 poirts lower to 3 points higher than o Tuesday:” A recovery of 10 points occurred dur- ing the morning, when a sharp break in the stock market and a decline in- wheat to new low records wiped out the improvement and October liquida- tion prior to notices tomorrow closed the list not far from the bottom. Spots were reduced 10 points to 10.55. Cotton range: Open. High. Close. 1058 1071 1053 10,81 1088 October, October, December, December, 0 January, ‘old .. 9 0. January, new . 5 10 3 11 1 1 old MONEY MARKET. NEW YORK, September 24 (. —Ofl! money rene at 2 per cent today, and remained steady in the face of a large supply and light demand. Funds were available outside at 11, per cent Time monéy was easicr for longer ma- turities, five and six months’ paper being quoted at 23, to 3 per cent, of one- quarter of 1 per cent. Other rates were unchanged. Commercial Paper was in good demand, with best names quoted at 3 to 3!, per cent. Bankers’ acceptarce asking rates were unchanged. When Sir Thomas Moore, the Eng- lish statesman and writer, who was executed for treason, set foot upon the scaffold 1t shook a little, and he said to the executioner, who offered him a hand: “Help me to ascend—I will shift for myself coming dowr AMERICA’S FINEST LUGGAGE » | London, out. [Export sales of 300,000 bushels were reported. for August | totaled 513,486,143, or an average of | 151 hours per spindle in place, com- pared witl 5,297,357,681 and 156 in July this jear, and 8,129,928,914 and 234 in August last year. —_— ARGENTINE NOTES SOLD. NEW YORK, September 24 (#).— The Argnune government has sold to Brown Bros. & Co., Bonbright & Co. and th¢ New York Trust Co., $50,000,000 of onryear notes, the proceeds to be used p pay off the existing credit due Octobir 1, ‘Thy notes probably will be offered tomofow on a basis to yleld about 4'2 per ¢nt to maturity. 1317 F St. N.W. 1020 Conn. Ave. g TRUNKS—LUGGAGE “SAYS” Every Trunk, Bag, Suitcase, Gladstone, etc., in our 1020 Conn. Ave. Store MUST BE SOLD AT ONCE HALF PRICE 3 and 14 OFF W. FOREIGN EXCNANGES, (Quotaticns furnished by W. B. Hibbs & Co.) Nominal sold Selling checks Brussels, rlin, me, lir: s Zurich, franc mark. o 23] i t * Because fockhoim, " crow 5 Owning a home is one of your greatest assets . . . we recommend the Real Estate Loan Plan of the Metropolitan Life Insurance. Company as an excellent method to accomplish this purpose. Matrons of nce are adopting the no-stocking fashfon. WE WILL SELL 1000 Hamilton Hotel — 1st Mortg. 6%s due 1931@ 62 100 New Tivoli—1st Mortg. 7s Low Interest Rates 1930@62%. 1000 Huntington Hall — Ist Mortg. 7s 1936@61. 4000 Corcoran Courts—Ist Mortg. 7s 1935@673%. 1000 Overbrook Arms—Ist Mortg. 7s "36@42%. 1000 Fairfax—Ist & Ref. (Pitts- burgh) 64s "43@25. CAPITAL CITY CO. 509 Washington Bldg. Dist. 8291-8292 Loans for Fifteen Years—Easy Terms Loans Mdde in the District of Columbia and Nearby Maryland and Virginia WEAVER BRO REALTORS Washington Building " Mortgage Loan Correspondent Metropolitan Life Insurance Company District 9436 Tremendous surplus earnings fortify the security of o CORPORATE TRUST SHARES Over one and three-quarter billion dollars were earned during 1929 by the 28 great corporations whose stocks are deposited under this Trust. How earnings were apportioned Bond Interest .12% Pfd. Stk. Divs.- More than one and a half billion dollars, or about 849, of the above earnings, accrued in proportion to Corporate Trust Share holders, either di- rectly through distributions to stockholders, or indirectly through surplus plowed back into the various properties. Common stocks of these 28 Companies are deposited under CORPORATE TRUST SHARES New York Central Iilinois Central Union Pacific s Southern Pacific Dividends Louisville & Nashvillf on Common Stocks Stand. Oil (New Jersey) Stand. Ol of New York Stand. Oil of Ind. Stand. Ol of Cal. Texas American Tel. & Tel. This provided a generous return as a group and adequately strengthened the already great bulwark of security of these cor- porations against periods of reduced earnings, Price nMuketli’out?%perlhn Descriptive circular on request GRrAHAM, PARSONS & Co. 1422 WALNUT STREET 48 WALL STREET than 66,000 shares of General Foods | OMPany and its 15 subsidiapies. PHILADELPHIA NEW YORK selsisd ns‘gtgi' 100% Corporation stock have been subscribed | for under stock purchase plans oftered to employes, according to an-announce- ment today by Louls A. Zahxiffreasurer. of January, 1028, Over 50 per cent of the employes eli- gible to subscribe have subscribed for stock under the offer which expired Au- gust 1. This offer supplemented that extend to its pene- ‘The gold mines of Southern Africa have apparently been worked from antiquity, and must in ancient times have supported a veryidasge population, 88 g xw 3 A3 T s 156, xw is ‘41, warra XW—Without - WArrants, n—New. Wit & 8332233 & a3a2z3222 Whea waued. 300 SOUTHERN BUILDING—~WASHINGTON