Evening Star Newspaper, September 27, 1930, Page 14

HIGHER N AUGUST Gain of $59,265 Over Same Month Last Year Shown in Report. BY EDWARD C. STONE. ‘Total net income of the Potomac Elec- tric Power Co. for August amounted to $326,603.74, in comparison with $267,- 338.60 in August, 1929, or a gain of $59,265.14, according to the monthly statement just filed with the Public ‘Utilitles Commission. i " ‘The power company’s operating rev- enues showed a substantial increase, being $809,512.35, ulln;: $741,022.08 in the corresponding month a year ago, or an increase of $68,490.36. Revenue de- ductions required $443,482.78, compared with $412,871.91 a year ago, or added expenses of $30,610.86. ‘The corporation reported net rev- enues from operations amounting to $366,020.61, an increase during the month of $37,879.50, while the company had a non-operating income in August totaling $26,408.84, compared with $21,- 532252 in the same month a year ago, & gain of $4,886.32. After all other de- ductions the above handsome gain of almost $60,000 in net was reported. Potomac Power also filed the state- ment for the first eight months of the present year, further heavy income in- creases being revealed. Operating rev- enues totaled $6,888,064.91, in com- with $6,473,803.44 in the corre- period a year ago, an increase $414,261.47. Reven ue deductions took $3,513,927.86, against $3,353,149.03 a year ago, or an increase of $160,778.83. Net operating revenues up to September 1 amounted to $3,374,137.05, compared with $3,120,- 654.41 in 1929, an increase this year of $253,482.64. icrease amounting to $53,- .39. This brought the company's total gross revenues up to $3,555,121.34, against $3,247,853.41 in the first eight , or & gain of $307,267.93. deductions from gross re- $541,289.33, while last year the figure of $620,060.2¢ was neces- sary, a difference of $87,770.91. This left total net earnings for the eight or & gain of $395,038. - B. & O. Earnings Show Decrease. 34% 29% Addressogr'ph (1%). 1% 3% Ahumada Lead 3 156% 103 Air Reduction (14%) 26 12 Alr WayElAp (1%) 1 1 Ajax Rubber 6 21 orp. 6 Cpww3$305%. 1 £ Cp 340 ww %4, 2 232 Allied Ch & Dy ). 28 121 Allled Ch&Dopf (7). 2 48% Allls Chalmers (3).. 173 18 Amerada Corp (2)i.. 10 3% Am Agricul Chem. 38 28 Am Agricul Ch p?. 9 68 Am Bank Note (13).. 4 4 Am Beet Sugar. AL § 26 Ath Bosch Magneto.. 8 41% Am Br Shoe (2.40)... 1 8% Am Brown Bov Elec. 1 60% Am Brown B E pf (7) 20s 108% Am Can (4).. Am Car & Fdy (6). Am Car & Fdy of (7). 9 Am Chain (3).,... 36% Am Chicle (13).... 9% Am Com Alcohol. Am Hawallan (a10). Am Hide & Leath pf. 15 AmLaFr & Foam pf, 39 Am Locomotive (4).. 90 Am Locomot pf (7).. 35% Am Mch & Fdy Con.. 6 AmMach & Metals. .. 22 Am Metal Co (1%) 72 'Am Pow & Lt (31 99 Am Pow & Lt pf (8). 80 AmP&LpfAst(5) 23% Am R & St San (13%) 126% Am Rad & SS pf (7). 44 Am Roll Mill (n2). Am Sm & Ref pf (6). 38 AmSnufft(3%). 100% Am Snuff pf (6) 5% Am Solv & Chem, 341 Am Steel Fdy (3) 42 Am Stores (2). Am Sugar Ref (5). 9% Am Sumatra Tob 117 Am Tobacco ( . 78%4 Am Water Wks (n1). 7% Am Woolen 19% Am Woolen pf..... 6l Am Zine Lead & Sm 38% Anaconda Cop (2%). 1 22 Anaconda W & C (1). 34% Anchor Cap (2.40). 19% Archer-Dan-M (2)... 78 Armour of Del pf (7) 4% Armour of 111 (A) 29% Asso App) Ind (4 28 D SaxSnunnen Kl 102% Atch To & S F pf (5). 29% At Refining (12). 62 Atlas Powder (4) THE EVENIN % bl 110% 108% 12% 12w 1 1 5% 5% 19% 18% 93% 93% 89% 89 245% 241% 126% 126 4% 21% 2 0% 2% 4 101% 101% 40% 40% 12 5% 34% 45 126% 14% 19% 43% 105 111% T1% 34% 74% 109% 61 95% 12 61% 18% 44% 598 54y 100% 21% 527% 106% 19% 94 51% 105% 5 6% 22% 146 110% 139 6% 67 10% G i SRR STAR. Curtis Publish (17). Curtiss Wright Corp 107 Curtiss Wr Corp A. . Davison Chemical. .. Delaware & Hud (9). Del Lack & Wn (7). Diamond Match (8).. Dome Mines (1). Drug Corporat (4). Dunhill Int (1) Du Pont de N (14.70) East Roll Mill (ht2). Eastman Kodak (18) Eaton Axle & S (3).. Elec Auto Lite (8). FElectrie Boat El Pow & Lt (1), 4 El Storage Bat (5). Emerson Bant (A).. 4 Equit Office Pldg (3) Frie R R. siew e Erie RR 1st pf (4)... Eureka Vac Cleaner.. 4 Evans Auto Loading, Fairbanks Co pf. ... Fairbanks Morse (3) Fash Pk Asso pf (7). Fed Wat 8 A (e2.40). Federated Dept Strs. Fid Ph Fire In (2.60) Firestone T& R (1). Firest T & R pf (6) 4 Fisk Rubber. .. Fisk Rubber 1st pf. 4 Foster Wheeler (2)., 881 T8% 36% 18% 32 79 40% 60 11% 46% T 4% 404 374 92% 5 30% 3% 8% 65% 27 b4y 10 Fourth Natl Invest. . Fox Film (A) (4)... Freeport Tex (15)... Gardner Motor. . Gen Am Investors. Gen Am Inv pf (6)... Gen Am T’k Car (14) Gen Asphalt (4).... Gen Cable. . Gen Cigar (4).. Gen Electric (1.60).. Gen Elec spec (60c). Gen Food Corp (3)..: Gen Gas&El A (e30¢) Gen Ital Ed (a2.62).. Gen Mills (3). . Gen Motors (+3.30).. Gen Motors pf (5). Gen Outdoor Adv. Gen Pub Serv (b6).. Gen Ry Signal (5)..,. Gen Realty & Ut Gen Refract (14%) Gen Theatre Equip. . Gilletts Saf Raz (n5) Gimbel Bros.. .... Glidden Co (1.20) Goodrich BF pf (1), Goodyear Tire (5)... Goodyear 1st nf (7). . Gotham Silk Hoslery Graham-Paige...... Granby Consol (2).. Grand Silver 8 (m1). Grand Unfon. .... Grand Union pf (3) Grant (W T) (1). 8 Gr Northof (5)..... 14 Gr Norctf Ore (a%). 9 Gr West Sug (1.40),. 2 Green Cananea Cop. .2008 Grigsby Grunow.... 179 Gulf Mobile & North. 14 Gulf Mob& N pf (6). 1 22% 159% 113% 215 816 5% 14 104% 8 198% 20 51% 3% 62% 60% 2 45 381 54% 10% WASHINGTO. 13 % 113% 5% 6% | 1 22% 160 113% 212 8% 6% C. 30% 3314 89, 58% 24% 17% 100 106% 66% 21 11% 49% 27 374 150%, 104% 174% 974 116 8 100 110 9% 213% T4 87% 66% 42 % 25% 9%, 86 % 13% 36 63 55 23% 42 6% 52 T1% 130 10% 51% 50 4% 48% 10% 1% 6 2% 5 18% + 264 48 6% 6974 225 17% 14% 29% 50t 11% 8% 27 19 1 20% 39% 4 20% 20% 21 6 4 T 29% 36 5% 50 52% 6 28 81% SATURDAY, SEPT NatDist Products(2) Nat Enam & Stamp. Nat Lead (18 Nat Pow & L Nat Steel (2). Nat Supply (5). Nat Supply pf (7 Nat Surety (5) Natl Tea (1).. . 2 Nevada Copper (1).. 24 Newport Co (A) (3). Newton Steel (2).... N Y Alrbrake (3.60). N Y Central (8).. . N Y Ch &StLpt (6), N Y & Harlem (5)... NYNH& Hart (6). NYNH&Hbpf ()., N Y Ont & Western. . N Y Steam pf(6).... N Y Steam 1st pt (1) Norfolk & Southern. Nort & Western (10) North Am Aviation.. Nor Am (b10%stk).. Northern Pacifie (5). Northwest Tel (3)... 208 Norwalk Tire & Rub. 1 ©Ohlo O11 Co (2)..... 103 Oil Well Supply.. .. 11 011 Well Sup pf (7)..6408 Oliver Farm Equip.. 13 Oliver Farm Eqevpt 1 Oppenheim Col (3).. Orpheum Cir pf (8). Otis Elevn (2%).... Otis Steel (234) . ... Owens 111 Glass (3). Pacific Coast . Pacific Gas & El (2). Pacific Lighting (3). Pacific Tel & Tel (7). Packard Motor (1).. Pan-Am Petroleum. . Pan-Am Petrol (B), Panhandle P & R.... Param'nt Publix (4). Park & Tilford...... ParItab . ... ioovs Parmelee Tran (60c) Pathe Exchange..... Pathe Exchange (A). Patino Mines....... Peerless Motor Car.. Penick & Ford (1)... Penney (JC) (3) .. Penn Dixie Cement., PennaRR (4)...... People’'s Gas Ch (8). Pere Marquette (18). Pet Milk (1%4)...... Petrol Corp (13)... Phelps Dodge (3). PhilaCo 6% pf (3).. Phila Read C&11.... PAilip Morris&Co(1) Phillips Petrol (n2).. Plerce-Arrow (A). .. Plerce Oil...... Pierce Oil pf... e Petroleum. Pilisbury Flour (2). Pirelli Italy (a3.14). Pitts Terminal Coal Pittston Co (75¢). Poor & Co (B) (2)... PRAmM Tob A (3%), PBA‘mToh(B)..‘.'-) K, Postal Tel & C pf ( | Prairie Oil & Gas (2) 28 29T 2 Prairie Pipe L (15).. 18 38% Pressed Steel Car ... 5% Pressed StCpf (7).. 1 50 Proct & Gamb (2.40). Prod & Refiners. Prod & Refiners p: Pub Sv N J (3.40) 4 28% 24% 1 26 22% 27% 2 9 mEER 27, 0w ONS ON THE NEW YORK STOCK EXCHANGE 2113 112% 0’ 5% 4% 52% Southern Cal Ed (3) 3% Sou Dairies (B). Southern Pacific Southern Rwy (8). Sparks Withing (1 Spear & Co. Spicer My Stand Bra) 27 55% 63% B4 B4% 2 5 5 5 5 4 113 1L:% 1124 112% 26 80% T84 T B1% 16% 4% 16% 17% 0% 6614 6 57% Bb% . 105% 106% 5 25 25 81% 28% 8% Stand Ofl of Kan (2) Stand Oll of N J (12) 314 Stand Ofl N Y (1.60). 101 Sterling Sec (A). 6 Sterl Sec cv pf (3 Stewart-Warner (2 s Sun Ol pf (6 Superheater (1 Superior Oil. 12 Thatcher Mfg (1.60). Thatcher pf (3.60)... The Fair (2.40) . Third Avenue. c) Tide Wat Oil (pf (5). Timken Det Ax (80¢) Timken Roller (3 9% Tri-Cont Corp. Tri-Cont Corp ps Truscon Stl (g1.20 Und-Ell-Fischer (5. Union Bag & Pape Union Carbide (2. Union Oil of Cal (32) Union Pacifie (10). Un Tank Car (1.60 Utd Aireraft, Utd Alrcraft Utd Biscult pf (7)., Utd Carbon (2) Utd Corp pf (3)... Utd Electric Coal. Utd Fruit (4)... 4 Utd Gas & Im (1.20). 207 Utd Gas & Im pf (5). Utd Ple Univ Leat Tob (3) Univ Pipe & Rad. Util Pow & Lt A (82) STOCKS IRREGULAR | AT SHORT SESSION Market Closes With Rally as Pivotal Shares Attract Support. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, September 27.—High- grade industrials and one or two of the utilities put up a good show of re sistance in today's stock market, but the list as & whole went into new low ground on the movement, with the greatest pressure against the rails, the oils and the metal stocks. ‘When the selling was at its height the averages came down approximately to the June low, but this indication was canceled by the subsequent hardening. American Can was the leader of the , | upturn, with United States Steel, West- lnfhouu Electric and Consolidated Gas following along. Selling was heaviest in the first hour and the resistance strongest in the late dealings. American Can was the lead- er on the recovery and United States Steel held well. The rally, however, was disappointingly feeble. The best that could be said was that losses were. much smaller in number of points than they had been in the preceding ses- slons. Olls were excessively weak and so were the coppers, but it was the raiis which ylelded most significantly today. No other explanation was needed than the August earnings statements, a new batch of which came to hand during the morning. To take only two in- stances, Atchison reported gross for August of $19,961,236, against $26,285,« 628 in the same month a year ago, and & net of $5749,712, against $8,543,670. Baltimore & Ohio had an August of $18,400,989, compared with $22,50, 046 in August, 1929, and a net of $4,- 473,226, against $5,315,884, Atchison slumped 5 or 6 points. Baltimore & Ohio made a new yeas low. A large block of Pennsylvan! came out at 70, after which the quota- tion also dipped into new low ground for this year.. New Haven was weak and so was Rock Island and Canadian Pacific. It was difficult to avoid the conclusion that this selling was mot meréhy for short account but repre- sented discouraged lquidation. Metal stocks were ly offered and the two leaders, Anaconda and Kenne- t, made new 1930 lows. In the ofl list Atlantic Refining, Phillips, Pure Oil, Skelly, Texas Corporation and Standard of New York sold under lnythl.fi recorded before this year. Standard New Jersey had a substantial setback. Money to Loan Hackensack W (1%) 30s Hahn Dept Stor . 8 Hall (WF) Pr Co (2). transporta 26% Atlas Stores (n1) also lighter. > :; AllhllrnNA’uto (34) i for the first eigh Austin Nich pr A s rail - mumig. 37 Auto Strap Saf R(3). 11 4% Aviation Corp of Del: 20 19% Baldwin Loco (1%).. 95% Balto & Ohio (7). ... 106% Bamberger pf (634).100s % 63 Bang& Aroos (3%). 2 [ 55 109 Bang & Aroos pf (7).100s Hi S 19 Radlo-Keith-Orph A. 257 27 50 20! 19% Holland Fur (et2%). 33% Rand Mines (3.04)...120s 34 Hollander Son o 24% Raybestos Man 2.60.. 2: Houdallle Hershey. . 100 Reading Rwy (4)... Houston O11 (b10%). 84% Real Silk (5). .o Howe Sound (t4%) 87% Real Silk Hos pt (7). Hud&Man Ry (3.50 23 Rem Rand (1.60).... Hudson Motors (3 8% Reo Motor Car (80c). Hupp Motor Car (2). Y 6 Reo Motor ctf (§0¢). liinots Central (7). 27% Republic Steel. ..., Independ O & G (2) Indian Motor Cycle. . Ind MotorCyecle pf... Indian Refining Ind Ray (h5% stk) .. Ingersoll Rand (15). Inland Steel (4)..... Inspiration Copper. 20% Interboro Rap Tran Interbor Rap T c.o. Interlake Iron (1) Int Agricultural, Intl Bus Mach (n6)., Intl Carriers (25¢c).. Intl Cement (4)..... 91% Pub Sv N J pf (5) 1 106% PubSv N J pf (6) Hamilton Watch 1.80 1 121 PubSvNJpf(7 Hanna pf (new) (7), 100s 143 PubSvNJpf (3 Har Wk Ref (12%).. 7 62 Pullman Corp (4) Hartman Corp (B).. 11 17 Pure Oil (1%) Hayes Body......... 109% Pure Oil pf (8 Heime (Geo H) (17). 1 80 80 52 Purity Bakeries (4) 28 RadioCorp. ....... Radio Corp (B) (5).. SanFa8 Yadasce SeicsCorp.. Joseph I. Weller ‘.78 & £ T3 Vanadium Stl (t4) First Mortgage Loans Va-Car Chem Lowest Rates of interest and Commission Va-Car Chem 6% pf. Va Iron Coal & C pf.. 80s Thomas J. Fisher & Company, Inc. Vulcan Det (4)......1308 Waldorf Systm (1%) 6 Walworth Co (2).... Ward Baking (B) . Ward Baking pf (7. Warner Bros Pict. Warner Quin Warren Bros (3) Wi 67% Beatrice Cream (4) 101% Beatrice Cr pf (7). .. 24% Bendix Aviation (2). 81% Best&Co (2)....... 75 Bethlehem Steel (6). 122% Bethlehem St pf (7). ‘thie eompany. x 3005, 31 Blaw-Knox (1%)... .lws s 99 Bloomingdale pt (7).100s 1930, shows & decrease of $1,529,868, of 24 Bohn Alum&Br(1%) & which $1,331,824 is accounted for Y, by . back mail included ) x Teflecting Telephone National 5000 For immediate delivery of The Penn El pf (6). 50s Star to your home every evening d Sunda; Penn EI pf (7) (2 45% Reynolds Tob B (3) 10% Richfield Ol (2) 10% Rio Grande Oil. 271 Rossia Insur (2.30).+ 45% Royal Dutch a3.2165, 574 Safeway Stores (5).. 3 631 100 Safeway Strs pt (7). 50s 102 33% St Joseph Lead (13).. 3 36 76% St L-San Fran 524 St L South: 4% Schulte Retall Si 4% Seaboard Air Line 8 8 56 Sears Roebuck $2% i B i : e o 33 33 o 31% Shattuck(FG) (t1%) 7 e Aee ATE 1 25% 12 Shell Union Ofl 9 8y 5 Intl Bydro WA (e3) 61 _861%_Shell Un Oil pf (%) L % A habert Thesters Intl Mer Marine (2). 3 o Slinbers Vs Intl Nick of Can (1). 307 % 16 mmm: l.'"-l- 4 Dot i S R 17% Sinclair Con Ofl (2) L otk S ) 25% Skelly Ofl (2). . o P 315 Snider Packing. 7 16 Snider Packing p! Fdr g 95% Solvay Am prww nt] Tel & Tel Inter Dot Birs (). 124 Sou P Ric Sug (1.40) Investors Equity (2 JewelTea (10)...... 2 Johms-Manville (3).. a7 Jones&Laugh pf (7). 508 Jordan Motor Car. . Kaufmann DS (1%) Westingh'se A B (2 Westing E & M (. 45% 11% Brockway Mot Trk. . 60 Brockway Mot pt (7) 50s 58% Bklyn-Man Tr (4)... 84% Bkiyn-Man Tr pt (6) 15% 10 Bkiyn & Queens..... 178% 115 Bklyn Union Gas (5) 30% 13% Bruns-Balk-Col 31% 19% Bucyrus (1). 117 107% Buecyrus pf (7) .o B 43 33% Bucyrusevpf (2%). 7% Budd (EG) (1).. 8% Budd Wheel (1). 20% Bullard Co.... 26% Bulova Watch (3). 16% Burns Bros (B)..... 29% Burr Add Mach (1).., 29% Bush Terminal (2%) 99 Bush Term deb (7).. 70 2 Butte Cop & Z (50¢).. 114 Butte Superior. 18% Butterick Co, 60% Byers (A M), 60% Calif Packing (4) 43% Calumet & Arizona. 10% Calumet & Hecla 16% Campbell Wyant 75% 56 Canada Dry G A (5) 226% 165% Canadian Pacif (10, 52% 40% Can Pacific new. 13% “13% 17th & I Streets 78 67% Wrigley (Wm) (4) 12% Yellow Truek... 16% 14% 82% Youngs Spring (3) 4 36 36 16% 5% Zenith Radio........ L] 2 tes as given in the above table are east pasments based oo’ he latest Trlery ote Teatly w3 PNRCRAE - ARN than 100 Fo Py % Payable in 109% 109% 2 2 1% 1% 13% 13% 62% 60% 60 60 4% 44y - ISyeor- g 4 112 7 12% 25 2 —to sell electrical adver- tising indoor displays on straight commission. Ap~ ply Claude Neon Lights, Colorado Bldg. H First Mortgage Loans On improved Real Estate in the District of Columbia and nearby Maryland and Virginia for 3, 5 or 10 year terms on your i D% RANDALL H. HIAGNER & COMPANY i Kinney (GR) pf (8). Kolster Radio. Ki 14 Office Building Krog Gr & Bak (nl).. Business Property 5% Certain-teed Prod. Lambert Co (8) 19% Checker Cab (4.20) 44% Ches & Ohfo (2%). 51% Chesapeake Corp 2% Chic & Altor 24 Chic & Alton pf. o mwa m PO - PPIIPR TR IOPN- 1 =19 7N ‘week prior, but (::e::!np:d‘ mfi 8% Chic Great West comparative week in 1929, the De‘plrt- 27 Chic Great West p: Commerce summary of the " A Gar-Pike in the Net ISHERMEN in the tropics dread MORTGAGE LOAN CORRESPONDENT of 12% Chie Mil St P & Pac.. Dusiness situation revealed yesterd 18 Chic Mil St P & P pi 17% e e e 574 Chicago & N. W (5) 56% week ended September 25 totaled $20,- e e A A 858,000, against $25,509,000 in the el e . previous This was & decrease of bR AL A 21 per cent from the corresponding R week a year ago. Clearings for the RO CRDMEr CurD (3 174 38 City Ice & F (k3.60). 4 country as a whole were off 37 per cent. 81 City Joe & Fpf (8%) 408 4% City Stores (50¢).. 30 Cluett Peabody (3).. 133% Coca-Cola (8)....... 3. 3 Colfpaimb ot (6. A 9 %-Palm-P pf (6).. ‘The directors of the McCrory Stores 14% Cglllnll:lnkmln-.. Corporation have declared the regular | 92 73 Collins & Ak pf (7)., quarterly dividend of $1.50 per share on 12% Colonial Beacon..... 36'% Col Fuel & Iron (2).. 64 Colo& s;uth ‘(:)) 556 Col Gas & El ————— 104% Col Gas & EIl pf A (8) 124% Colum Graph (a%).. NEW YORK COTTON 108" Columbian Carb (16} 31 dit (2).... NEW YORK, September 27 (Spe- AR s o) Sotion prices today continied s Comm G rat'xw (838) 108 e pr of the wetk nd ader heaty sdliing 76 Comm Cred 1st (6%) 50s prods 28% Com In Tr (g1.60)... 17 e e —_— 204 Comm Solvents (31) 39 e 12 Comwith & So (60¢). 111 e % Comwlth&Sopf (6) 6 months but July broke below 11 cents g i gy H and closed with & loss of 5 to 13 points on the day. July closed within 3 points of 11 cents and October at 1021, July closed within 3 points of 11 cents and October at 1021, All deliveries for the el current_season. 50l w ver- 6% 16% 1d1and Steel (3) . Pwols wexs waduced .} pUiiA 0 3% Container B, % e e e g o T 18% Contl Baking A. 26% 26% 3% 3%, T T4 54 12% 53 81 16% ). . 60 15% - 83% Corn Pr Ref (14%).. 841 140 Corn Prod of (1)....100s 151 15% Coty Ine..... 5% 26% Crof Wheat (13%).. 18% 93% u7 1% Liquid Carbonie New York Life Insurance Company Loew’s Ine (3) 1321 Connecticut Ave. Decatur 3600 Ludlum Steel. .. Mac And & F* (12.85). McGH Hill (2).... FIRST MORTGAGES the gar-pike. A fish of great strength and speed, that prac- tically ruins the fisherman’s net in his efforts to get at the smaller fish trapped beside him. McKesson & Rob (1) McKes & R pf (3%) McLellan Stores. Mack Trucks (6). . Macy RH & Co (nt3) Madison Sq Gar (1) Magma Copper (3).. A STABILIZED INVESTMENT —is where the income is defi- nitely computable in advance— and is not subject to the fluctua- tions of the market. " Our 6% FIRST MORTGAGES Swept into the net of speculation, many a small speculator, too, alongside the great manipulator of stocks, is often financially devoured—that is why wise investors avoid the uncharted specu- latige sea. They place their surplus fur/is in a sound, firmly-based security which yields a non-fluctuating return— a security such as the 6 per cent First Mortgage Notes sold through Swartzell, Rheem & Hensey Company. Man Elev mod g (: Manhat Elev gtd (7) 3408 Manhat Shirt (1) Marine Mid (1.20 Marmon Motor Car.. Marshall Field (23%) Martin Parry M 119% 117% 24 76% Consol Cigar pf (7).. 10s 78 15% Consol Film ¢2)..... 17 18 Consol Film pf (2).. % 1 NY (4).. 272 102% 100% Y of (6). 14 105% 105% yield this generous interest— payable regularly upon its due date—and with the principal fully secured by improved Washington real estate. Over a Third of a Century Without a Loss These notes pay the same rate and carry the same service to the small and large investor alike. Mich Steel (h23). Mid-Cont Pet fll) s8 SSS55555 p - Write or call for our interesting book- let which explains in detail why First Mortgage Notes are today the highest paying safe investment. Mo Kan & Tex pf (7) Missouri Pacific. .... Missour! Pae pf (5).. Monsanto Ch (g1%). Montgom Ward (3).. Morrell & Co (4.40).. Mother Lode (20c). . Motor Meter G & El. Motor Products (2).. Motor Wheel (3).. Mullins Mfg.... Murray (B) (2% stk) Myer (FE) & Br (2). Nash Motors (4) Nat Acme (1%). Nat Bella Hess Nat Biscuit (13.30).. % 83 Nat Cash Reg A (14) 106 2% Nat Datry (32).v0000 66 50 Contl Can (2%4)..... 12% Contl Dia Fibre (1).. May be purchased in amounts 50 Cont) Insur (2.40) from $250 up. B. F. SAUVL €O, ational 2100 925 15th St. N.W. IS NO SUBSTITUTE FOR SAFETY SWARTZELL, RHEEM & HENSEY Co. MORTGAGE BANKERS 727 15 STREET N.W. \ WASHINGTON D/C. / 1 29% 204% 8% Crown Zellerb'ch (1) 6 8% 8 66 Crucible Steel (kB).. 2 69% 69% 104 Crucible Steel pf (7). 508 11 112% 1% Cuba Cane Prod 5 1% FuoBuBlovoruFumoniivana ‘IMMWI! kth!ra'lflnemolflu for Rocky Mountains, for comparable pe- Wi e:‘u’-nodlad !:epumber 20, $14,402, € , $14,402,- 000; previous week, $15,254,000; same yeek last year, $18,119,000. 3 1% THERE 9 3% Cuban-Amer Sugar., 4 3 ©48 384 Cudahy Packing (4). 8 424 42