Evening Star Newspaper, October 17, 1930, Page 13

¢, FRIDAY, OCTOBER. 17, 1930. FINANCIAL. s A_13 SIGKPACES S e~y O tocke s e FOEGNBISHESS * T[] H]WER l[v El-s Circulation of False Rumors on Exchange mm.m]K Is BmER Resulted in Calling of Securities by Brokers, Is Claim. STOC‘K EXCHANGE The Stir Olnee. ‘ n jots | —Prév.ibo— Stock Ad Sdlbs— Priv N » v &xcepting those -xr' l(“.) (260s) High. E Dividend Rate. Add 00. High. Low. Close. Close. H Which shows those u 58 Sold in odd lots only. Contl Baking A. % gow @1% 214 28 3 fhalviloal sales compiled E 12:00~—complete n 5230 Balkios. 7 3 ContlBaking B,..... s 3% 3 ‘Stock ind §64 Codtl Baking v.’). e Advance of Nearly $2,000 in b taw Contl Can | Contl Dia Fibre (1).. 101 Abitibl Pow & PAper Contl Insur (2. Contl Motors. Contl Oil of Chamber of Commerce Offi- cial Says Morale Has Not Further Weakness in Com- modity Prices Contrib- Dividenti RA September Net Income 1:;. Adams Bxp (1.80) Is Reported. BY EDWARD C. STONE. Actording to the monthly l'mlnf’° statamenit of the Capital Traction brhitted to the directors yeste the gorporation gained nearly $2,000 het, ‘earhings during September.: complete figures will be studied very closely by tie more than 2300 nwel- hol who are mostly residents of Wu mzwn The monthly report shows a cut in operating expense, ntm than an increase in grois eArn- ingsj that caused the advaned in but 4t 1s the second month in wmn imptbvement nas been. made and the chnh e in trend is held highly sighifis can ating revenues for Septeniber, 19305 amounted V) $327,713:4 l&u with $330, ¢ 6 in fis against $247,250.96in . the same per! or_a reéduction i op:)rnma costs 4,197.90, perating expenses. 5 bined amounte i;g.l parefl with $272.46291 & & reduction of $4; h operdting income i year was $59,646.1 m, ure Btood last yeal n~ll‘l l'lb gainfot $2,071. i | Passenger Traffic_ Falls O The traction compi operating income thi agaifist $958.86 in gross. income of $60,3 ‘with” $58,543.54 a year dedutions from gross has & total net incom lmn‘luhx to $30,259.6! with *$28,34°.25 in Septe e } In ‘September the c totalf of 3,845,152 r whilg 4,387,659 revenul Air Reduction (t ay E1 Ap (1%) Ajax Rubber. ... Alaska Juneau. , Allegheny Corp. Alleg.Cp w $30 534, Allied Cb & Dy (n8). Allis Chalmers (3) Amerada Corb (2). Am Agricul Chem., Am AgriculCh pt. Am Bank Note (+3) Am Beet Sugar Am Bokch Mak Am Br Shoé (!JO). Am Brown Bov Bl 14 Am Brown B E of (1) l Am Chn (15).. Am Can pf (7). Am Car & Fdy (8). s\s Am Chafn (3). Am Chain pf (7). < Am Chicle (13) Am Colortype (2.40). Am Buropean Secur. % Am & For Pows al" Am & For Pw p e Am Hawallan (a10) 912 Am Home Pr (4.20) 4 Ria Am lce ( 281 Am Internat 1% Am La Fr & Foamite 80 Am Locomotive (4). 354 Am Ma & Fy (t1. 1; AmMach & Metals. . 19 Am Mu.Gu:a %) % Am Nat s Am News (§t4) Am Pow & Lt (3 Am Pow & Lt pf (8). AmP&LDIA (3%). AmP&bM’An 5) Am R & 8tBan (1%) Am Tepiiblics. Bl" Am Roll Mil (n2). 52's Am Salely Razor (5) lll 1§. Am sium (18%). 314 Am Solv & Chem ) B -5 T e L T T Crown Cork&S (2.70) t% Crown Zellerb'eh {1) Cruclble Steel (k5).. Crueible Stee) of (7). Cuba Cane Prod. . LubaCo....., Cuban-Amer Sugar.. ‘Cudhhy Packing (4). Curtls Publish (7). ‘Curtiss Wright Corp B% Curtias Wr Corp A Cutlér-Ham (3%)... Detroit Edison (8 Diamond Match t Dome Minés (1) ¢ Dom Stores (11.10) Drug Corporat 4) Duhhill Int (1).,... bu Ponxac N.114.90) DuPasN bt 8 Duaues Lt 18t pf (5). v Dutham Hos pf (6).. East Roll Mill (ht2). Eastman Kodak (18) Fastman Kod pt (8). Edton Axle & B (‘n.. Eléc Auto Lte (8) El Pow & LI E) Pow & Lt pf B Btoragé Bat (5) Elk Horn Coal. . Bmeérson Brant ( Endicott-John (5)., .. Fing Pub Serv (2.40) . Fauit OfMes TIAR 13) Erie & Pitts (3%)... Erie R R..vuios Erle RI 24 pf (4), ... Fairbanks Morse (3) Eashion Park Asso. . Fashion ParkAs pf. . FedLeA e (1%).c Fed Min & 8m p?¢ (7). Fed Motor Tr (30¢).. utes to Decline. BY CHARLES F. SPEARE. NEW YORK, October 17.—Stocks slipped to lower levels today. Pivotal issues were heavy from the outset and their tone was not improved by the renewed weakness in commodities. The Street, too, continu¢d to look to ll\;lnh- as President [oover foston lor Bern % SR Baruch, Charles Hayden and Alfred P. Sloan. Rail Group Weakest. Railroad Bhares stood out as the weakest grotip but virtually every sec- tion of the list récordedl new lows for the year or longer. Three of the high- est grade carriers, New York Central, Union Pacific ‘and Atehison, the first two at new mifiimum quotations for l.he year, wete prominent ofi the down Oenerll Electrie broke to a new Jow at. 52% befére rallying &t midday. Um(ed tates Steel sold off more thn 2 points down to 14734 befote recover~ itig. Chicago dispatches telling of & reduction of 25 cents a ton in scrap steel partially were offset by the an- nouncement -~ of rail and ‘equipment orders by various carriers. The openihg was influenced by:ihe preponderance of unfavorable ove t. developments. The ardor of bull tri was chilled by heavy selling af blnk stocks and trust shares after the close of Thursday’s market, Thig develop- ment followed circulation af rumors by * | seyeral bear traders. Drab items from the businiess world such as further declines in. leading commodities, curtallments in produetion and dividend omissions or reductions were not offset either by the gain in building_or sporadic increases in retail trade. The gain in bankers’ bills was terely seasonal. lmi-l Dispatch 1o The Star. Yom( October 17.—The ' big A% n.oc s afound, the loan. post eu:h y After the close of trading on the New York ka Exchange is not due to shott sellin 1rlbuted this demand Brokers tod: to t‘x ciftulation of faisé rumors last Week which had two effects: (a) It made houses call stocks that had been loa: to firms mentioned in rumors— since proved false—as being in financial diffietfities, and (b) it made houses that did not have 'to lend stocks: wary about lenullé! them: ers who félt they were stbilizing the market by refusifig to lend stocks d d so. ré Has been a great shrink- in the floating supply—that is, in| t e amount of stock ordinarily avallable m! t erefpre ln brokers' names—whie! feen in the greatly increased numberu of stockholders in corporation 1ists riow bBeing made public. Customer’s Rights. The advice of an ex-ambassador. ven ovet the radip Sunday night, tha He public should writeto brokers an not perrilt ‘the latter to lend their|: stocks to Bears niay have had some ef- fedt on the schrcity of loanable stocks. ‘This advice, however, raises some inter- esting questions about the customer's rights in such matters. When a firm is suspended by the ex- thlng: board all of lts obligations to 8 of the exchange are immedi- ately settled. Technically, therefore, a certificate bearing the name of nce & Whitely last week was not a “good delivery.” It-was easlly rectified, however, by having 4 new certificaté made out in the name of the purchaser by the transfer office of the corporation whose stock was being dealt in. Some brokers, rather than'be involved in legal technicalities with the receiver, naturally would prefer to have nothing to do with spended firm's certifi- it Sl oo b cates where such stocks are about to pay a dividend, becluln the dividend .checks. would be mailed to the insolvent firm when such payments feally be- longed to the lender of the stock. Such an _attitude naturally causes some extra handling of stocks. Where price differences come up, either be- cause the stock is selling at less or more when it was borrowed of loaned to the suspended firm, these matters have to be straightened out. former are protected, because the New York Stock Exchange membétships of the latter, if necessary, can be sold and the proceeds utilized to protect the firms. ‘Nevertheless, all these techni- calities involve so much work that any firm would rather not do business with est financial difficulty. All of the re- cent false rumors naturally caused con- siderable prehension anhd Lheulore stotks -weté noc Toaned " lenidérs hall to or ‘withed to. A “Free Market.” Some big brokerage houses always | have on hand plenty of stocks to loan. [If such stocks were not lodned, thése {firms would not be utfiizing their cap- ital profitably. Since the supply of :stocks from such sources does not :g pear to be sufficient in some instances, ‘corporations which last year were lend- ing their excess cash in the call loan )market may now loan securities that were purchased with such excess cash late last year. |* The New York Stock Exchange re- peatedly has assérted its position to “maintain a free market,” and this ameans “fre on the short as.well as the long side. It may, under the rlhn 'make a broker lend stovk ‘He has in the firm's. :cum;t. He, may be comi- ‘pelled tolend the ‘Where such differences fall on firms | of drlllni with Prince & Wahitely, the |it |‘another firfn that thay e in the slgnt-{ Been Broken. ible business leaders in 4 important European countries are ginning to take a more cheerful vh' of the outlook for the coming months. ‘This is the comment of H. C. MacLean, American administrative commissioner 4t the Paris headquarters of the Inter. national Chamber of Commerce, in SoBamiseion here. My MacLoan things n n here. r. Mac! 1d be thoroughly understood in the Uriited States thlt ‘Wwhatever lht ‘economic difficulties abroad, Bui monle has not been. broken, and. he rhulm the importance of psycho. 1 factors. ‘There is still acute distress in the ;;rlculmnl coumrm. particularly those " which have been | discussing the possibility of collective ' A serious mn Tor meéting this Utlon has been devised. “Political agitation, which may be either the cause or the result of un- ' 5 satisfactory economic conditions, s | Again widespread. Germany is the out- .. standing exgmple, and the results of the | % recent elections in that country caused )& apprehension, which expressed itself ln\ heavy declines in the quotations for German bonds and in sales of German exchange in sufficlent volume to neces- sitate gold shipments in support of the mark. However, the first nefvousness is wearing off, and on second thought it | is realized that the policy ol the Na- 1 tlonal-Socialists is so extreme that it | could hardly gain the support of a suf- : ficlent numbtr to make its ing out | ble wmle m success at the pous: demonstrate to the | auble governm 031“00 HAIB! MARKET. WRIGLEY EARNINGS % rocing memsiy e, Should these devies fal e bnu ‘out | . CHICAGO, October 17 (P)—Butter Persistent selling in the first three ESTABHSH RECORD suffcent: slocks o Joan purpoces, the | 8314 tube; eadier prices urichanged. '!'hla s the same as flme-ltulunn A Té] & Cable ( hours earried the average price of 90 exchange inight ‘Yequest known large exh- firsts, t,swhen traffic slumped but mufl Am Te] & Tel (9) r stocks to their lowest level of the-year — tock to lend such shares to s gained. 27 10Bi Am Tobaceo. . 09 W 1 Fisk H .| #hd below the bottom reached ih No- | relteve a situation. statement presented to the di< 1 e 21 fi 1808 H h lem:e; 1§u1%:nd §€‘L¢L&""'fx"",“..' Gum Company Reports Greatest £, 1930.) mon! 2 ndar atistics, at 1 p. % 2 S UR D Sversgithe Rrat fiins SRS L L I Doday stood at 1385, compared with| Amount of Gross Sales in Its History. company’s lites in h holding; maerely in -.u &mng. 1929, so that the stéterient. a 894 - Am Stores (+214) !Ll\ off in the numiber of Am Sugar Ref (5 ‘d but an increaSe in nef -Am Sumatra Tob. Federal Screw m 8. Averages Lower. holders of E 2ot ,h * ‘w ?lfl!“uvml {h“:llrpdmenn m order 5 EX i H § 3 H § 19 present y pe Ky pt (7). 30a Fourth Natl Invest.. ulod un'layb.s?soopgfi::uq ?{tn*nmn. 02 Y Fox Film (A) (4 1 Y 142 at Thursday's close, 140.3 on Oc- ‘ ,057.66 a yehr 2o o cecreime B Woot, ) 33 Freeport Tex (16 ) tober- § and 140.2 as of November 13, 120 227, % "“&:j b ol 3PS Gabriel Budb (A1 8. 3% L ihmisgh. the ratls dtood oht oh e m of 8226096705, l[n . Am Zinc Lead & 8 0 S Gen Am Inv pf (6).. . & Anaconda Cop (2%). v, tape because of theit weakness, the | By the Associated Press. :n.s “-2.. :m‘;xn:. . ‘r;‘ggu uw‘:n an jocominp g 19 c:‘n. Qe A T'k Car (34) averages revealed the Public_Utilities | CHICAGO, October 17.—While many eduction in gross operaf Teve Adchor Cap (2.40)... between Thursda i‘;e close and 1 p.m. | industries’ are showing reduced earn- | Eqmtable Co-operatwe Bldg Ass'n {l 50th YEAR COMPLETED JOHN JO EBSO" Mllltlli WALTER S. PRATT, Jr, smeuv{ Assets ..... ’5.723 .61 Surplus & Profits.... $1,755,911.57 Subscription for the 99th Issue of Stock Belnl Received redy Andes Coppes (1 today suffered the biggest shrinkage, lnn he three-guarter-period report of |) fi;‘ '?acx::mfh: b R o i Arber- DRRM (8- being down from 1889 to 1835, In lillath Wrigley Gum Manufactur- Armour of Del pt (7) this same period rails were off from lng Co. reveals that the concern has Stock at 85 Year Ago. Armour of 11l (A 3 3% . 13:.; wc.o al 74 and industrials from | stepped %ng‘r,mmmea and” common | : r all other deductions tl - Armour of 1l (B).., t 1375 to 134, o ea! yond all previous | poral Announced a_ net lnm‘: "f Armour of Tl pf (7), Trading up to 1:30 amounted to | years. the totaling $320,390.99, wh! Arniold Constable, [ 1,427,500 shares, compared with 1,218, For the nine months of this year f} o t income for the same period Artloom pf (7) 808 80 18% .M.n,, 800 in the same period Thursday. Dur- | earnings on common ' stock, no "par AVE FOR ! ‘!.IB n decrease up Art Metal Const (2). EIDLA (1) ing the early afterncon motors and | value, were $4.53 per share. During the | FUTURE of § Asso Appl Ind (4)... fA(8). motor accessories were offered on the | July, August And September quarter HAPPINESS! mlln: off m toul net revemm 15| 80% 28 AssoDry@ (2%)... 27 7 Lk Gen Mill8 3) belief that the automotive industry|the net eatning was $1.70 on 1,999,974 ly traceabl s Atl Const Lins(110). Gen Mills pf (6). would show little improvement until shares. Begin that traffic. m&gm AtGulf & W lyt:l) Gen Motors (13.. ,,,, next Spring. Dupont was off abdut 3§ The end of the three-quarter period | little ‘“nest N 30" the company rn BFe Gen Motors pf (5)... 5% | points to & new low. Other issues | last year showed the Wrigley Co. earned egg” NOW! our simple venue passengers, while in the Gen Outdoor Ady. ... 7 7 7 crlshlnf through thelr 8433 a share, while the last quarter |l Tearn the ad- Y g per] ln&!q ning (12)... % 2414 24 g& 41y Gen OQut Adv (A) (4), H levels ih afternoon tra contributed $1.68 of that on 1972462 [}l vantage of easy car company nrfl{: nfl'}# - l:""‘(:ljl") 1 Gen Pub Serv (b8) ‘ ¥ Sum- mmnfimg:,ne:e e w"{::g h" S8 wolutn of tihge 1 coliiuscd ?f.::}" sav- smethds P Sebes (17 irin G M e > throtigh the last quarter of this year ignal, CI sgmiedg i ders, Austrian Cred (8. 1 B2% and Atlantic Coast Line. b ent m?n nf n;a':. ":fim the Austin Nich pr A (3) 50s " 204 8::,’} '{,’[:fl'.‘ P Call money, which renewed at 2 per | the net share earning will be 'PP"““ off 11 eatnings to Auto Strap Saf R(3). 16 ta easy despite & moderate | mately $6, or 80 per cent over the || rately owned Automouneg io bus Aviation Corpof Del 6 13 %'m‘.‘.';fl.’ : Wats. 2 dividend disbursement at the present uum and cut-rate Baldwin Loto ‘ll) 12 Gillette Baf Raz (4 . > % . 4 : DROP IN ENGINEERING _NEW SECURIT|ES 38 4 -repleued ver the change Bal Gl o d In the past c:oe:mmm and Sng 0!:::: ::::n . October 17 (F).—New |/ . AWARDS IS RECORDED rogl;g‘ o : {for further improvement in Oc- Glidden Co (1.20). which is normally one of the 5% ). . 13 1 " nths in the year car (7). 40s 95 “ 95 Dust (2 b 9.1 ° 8 7 3..‘ nmmmmun to The Star. ~ Safety Rasor Co. 10-year 5 . A7 2 106 7 n‘yur-m-us).,. NEW YORK, October;17.—A sharp | p!r oonvemble debentures, priced 70% 48% Bedch-Nut Pkk (3 80 ulyur 18t pf ('l).. decline in industrial building and t 96 and accrued interest to yield over 8515 71 BEIN RY ptbf 15.51. engineering’ contracts during the past 550 pent, | hy a syndicate headed by week reduced the total value of el Lige, & Co. neeting _construction awards in - 1 mmhnne & Utilities Co., ital Traction Stock 57% 18% Bendix Aviation (2). i rnbycn:: .. . 8 Silver 8 l-l). United States to the Towest level &ifce | 30,641,ciass A shares at $14.50, by Muni | reports Engineering upu m.um Investment Co. A . zn‘lneen have found & way termine whether the Waterloo S 301 sinking by placing under glass tubes which will be “Af the ar.rur.ture subsides a inch. ‘.numm-ihiilm Nekt Monfll‘ Octaber 20, kgol "3:., date Gr Nor ctf.Ore Gr West Sug ( Gr West Sug pf a Grigsby Grunow. Guit Mobile & North. Gulf Mob & N pf (6). Guif States Steel.... P i i e essenml things ~when you ifivest itt' ouf oo/, rmr Mom‘nmss ¢an National Bank and the Kerchmu 12% Briggs Mg Co. Banl Truat 18 Briggs& 8 nt @ T AL b utions promptly ratified. In such: 8% b6k g:;:‘l‘;::‘t.lgr(oll?‘.,. holders practically alwagk vote | . 157 - 10 Ed 60 Hahn Dept 8 pf (8%) rt the recommendatiotis of the %v‘. Bkiyn &Qu Tr pf(5). 57 57 56 Hall (WF) Pr Co (2). rs. The directors give sueh mat- | 3 110 Bkiyn Unfoh Gas (5) iton Watch 1.80 t careful eonnueuuon ‘before 7 making recommendations and the stock- | ccept their views as favoring| 8i% 13 Bucyrus (1). t interests of all concerned. 117 107% Bucvrus pf (T No' doubt the shareholders of these | 16% . two Banks will ratify the tions of their boards. Both banks have already received a large number of 264 Bulova Wateh (3) 835 proxies to be voted at Monday's meet- % 26 Burr AGd Mach u) % 1 ings.” It is understood that the attor- s 27% Bush Terminal (234) . 2 28% 28 28 28% Hotland Fur (er3% ). neys for the two banks and the 1als 99 Bush Term deéb (1). 60b 102% 102% Houdaille Hershey. . do m expect any delay in numnx the 1% Butte Superior. 1 1% IR Household Fin pf (4) mel un(o :x;h" gm avu:l-her r:;' 48% Byérs (A'M). L B 49% 5 on Ol (b10%). BAT of e suit recently btvuc 5214 Calif Packing (4) B Bound (14%).. against the Merchants Bank & 4 Callanan ine Hud&Man Ry (3.50) 87% Calumet - -3 > 3 AR O R R A AN SRR S AR R e PHASE CAS A AR R m office buildirigs ahid mnam&uuum Sireats s 3 industtial " bufldl 1. 36%,000, and other engineering tion, $4,855 Every division reedrded a lower total than for the week béfore or Ior the same period last year. vy construction and “engineerinf -wn ds annotnced throughout the coun- try since January 1 aggregate saal Buildfng 925 15th St. N.W. = Ovér'a Third 74 ° Several debs’irlble rocims at - 059,000, which compares with .3 very reasonable rents, Inspec- of @ 559,000 in the correspondihg period mmy invited. i . year ago. Century - B. F. SAUL Co. POTATO MARKET. | Nit. 2100 925 15th St. N.W. Without a CHICAGO, October 17 () (United | lig ) States Depattment of iculture) — Potatbes, 101 cars; on track, 409; total United States shipments, 1,024; siightly stronger; trading fair; Wisconsin sacked round whites, Central section, 1.508 1.85; Antigo section cobblers, 1.80a 1.90; few fancy shade higher; Minne- sota-North Dakota sacked Red River Ohlos, 1.60a1.75; few fancy or ked round whites, 1.40a1.50; Idaho mortgages may ed russefs, 2.1002.25; U. 8. No. 2, improved Wash- 1.70a1.90. ] ington real estate at a very nominal rate. REAL ESTATE FIRST MORTGAGE « « o« the doubly protected investment. REALESTATR CoRPORATION Capital Resources, 53,800,000 24 JACKSON PLACE e o That yoit. will rec'ch-e this 1ib- “eral intérest ‘niintérruptedly th‘ruughout ‘the ‘term of the mortgage; ;and ‘at maturity yotte prineipal will be returned in the full amount. FIRST MORTGAGE LOANS Consult us if you need May be purchased in amounts from $250 up. ht Tradi ha Lig] rading on Exchange. ilinots Central (7 Indspend O & G (3).. Indian Motor Cyels. . 108 ll)l‘fl l.l% 38 1 1 108 1{:-4 l 2% Georges Bank Trust Co. moved at S0, Merchants fer & Storage prelerred came out at 931, and Peoples Drug Stores pre- ferred sold at 101. Potomac Electric Power 6 per cent preféerred sold at 111 and 50 shares of Carpel Corporation moved at 23%. In the bond -division Potomac Electric Power 65 sold at 1095, an unusually high price, and Washington Cas 6s, series A, moved at 103. It-was announced on the exchange u-m theh tditx;ec'.ohr: of the Washington ‘0. have voted the re(um- dlvldend of 90 cents per share due At this time. It is payable on November 1 to stockholders of record on O¢- tober 20. | /Meard in Financial District. Tt regular Fall meeiing of the Dis- ;Bankers' Association will be held [ 104% ot (4 in iBe Becker Building Monday after-| 110% 1056 ChiRI& P ODHL moott ab 4 orclock, yfan important | 32% 16% Chickasha Cotton Ol committee reports are to ‘! prnemzd 67% 37 Childs Co (2.40 :,"""‘”“,,fl Addison and h 18 Chryi . Fleming present highlights of the recent A B. A. convm‘l‘uo: o] S8 81 CltyTeea ¥ ot (634) 4 g Cl&rktrqu!:.n‘nm.u) of their Boston ae-| 60 RIRETERRLY (5) jerce & Co. will mc- nnfi nm Cun-cm- ire the business of E. M. Hamlin & ‘members of the New York Stock Exchange, Boston Stock Exchange, New York Cotton Exchange and other ex- eha es. Mr. Hamlin, Mr, Pelbam and of the Hamlin mnnlnuon will e associated with E. A. Pilerce There are 1,139 stockHolders of the 87 AW t 104% Col Gas & Elof A ¢6) t‘nfl’:fleto&‘ c:»‘lm!n‘;“.m carding m 91 Col G & EIptB (5) according to rt of the company A detailed 10% Colum Graph bution list shows that the com- stock is held in 48 States nfl America, A Inland Steel (4). Inspiration Cop Insurance 8h (45¢) Ins etts (Md) (60c).. interboro i int Agricultural Int Agricul pf (7 Chile, Cuba and Canada are the lead- %|ing customers of the United Btates for hll.:z rails at Ereunt. Money to Loan b - g Ko ¥, ".‘.!."‘..:.'fl.'.‘.‘“‘ Joseph I Weller <3i.7+3h % # &% REAL ESTATE LOANS Made at Low Interest Rates TYLER & RUTHERFORD Y l!n K Sl. N.W. Nufiwnl 0478 Calotex Co pt 20% Cent Agu 3215 Cerro de Pasco (4). eed Pr ......5..... P »t (1) Intl Hydro El A (e2) Intl :-un Pt (4). Intl Mer Marine (2. Intl Nick of Can (1) Intl Paper pf (1), Intl Paper & Pwr A.. Intl Pap & Pow (B).. Intl Pap & Pow (C).. Intl Salt (3) Figt Motonge Lot | | =~ : L iyl = drg ¢ . When you eonsider. the ques- Con:nv::l:'l Investment ver 41 (o] tionof fsunsii or, selnaning your home youi want to’select: the . % Il KCPAL 1at pt B (6). 108 1148/ 11 Kan City Sou (6) D T80 0 P N(_:,:"nl','f,' Wil vl plan best suited to. your m&uflunl orres neéds, | The Real’ Eltl.hx Loan Plnn of the Metropollnn Lx‘c Insurance of America Company is the result of a nation- 3,5 0r 10 on wide study. It was made for dd'in 48 sate |Year Loans ' you by men who know your re- Axia; The total number of stockhold- ” K 2 On Improved quirements, | e given a8 214741, ) ; -} : 20 Real Estate e AP m 4 Petition in Bankruptey. 3 Lehigh Valley & 8 8 ! BALTIMORE, October 17 (Speclal) — [ » 4 Nearby Montgomery: 6 Good, & asifue &8 County and the Geor:s County, has I DY e, hare. e District of . Columbm- L4quid Carbonic (4 st u“mno-nuu.mum l. Lo ¢ Int t Rate: est Rates Weite for Cirealar P363 s o e N mu--‘-i::;’) ... 90 BRY 63w I West Inten unmw-nn Teterting the e $0 P ( W% 18% 1w 19 Loswsprxw (8%).. 1 974 9 B SSMEPH S lity Securil , refetee. Danlel M. Murray, 1} o “ g f’mwn.{ o (i O oakion 1907 ELP I Mg‘m_‘ i 61 Broadway New York .,_._..._?_..._.._..... Greater Security For This Bond Batrnings la Associsted Electrie Company 414 % Debentures dus 1953 ‘are 257 times interest re- quirements compared with aver- age earnings of 2.03 times for comparable bonds of 20 other public utilities. ‘This above average margin of Soologeclh 00 Lat o X Loans Made in the District of Columbia Yield ac; 5% and Nearby Maryland and Virginia Ausdwsly traded on the New York Curb Exchange. % Kolly-l nnx % D! Kelsey Hayes (2 Kelvinator Corp Kend Co pf (16.37). . m- Kénnecott Copper(2) Kln ey (GR) pf (8 .uo. Rad = S ¥e f Lahn & Fink i Lilmun-lm .. L ""g,.""""" (15) ‘u x.utl Myers pt (7). Logn Correspondent John Haneock Tnsura: 1417 K St mma_qm