Evening Star Newspaper, November 20, 1930, Page 13

WASHINGTON GAS ISSUE NOTE * $3,000,000 in Bonds to Yield 41-2 Per Cent Interest! Will Pay Off Loans. ’ BY EDWARD C. STONE. Dhcton of the Washington Gas Light Co. today voted to put out a $3,000,000 issue of 4! per cent gold notes. It will be a short-term issue, as the notes will be placed on the market on December 1 lnd be retired in 1933, ac- cording to announcement by the presi- %g:d‘d the company, George A. G. ‘The_interest will be payable semi- gnunny on April 1 and October 1 in and New York. The gas | assumes payment of the % ent ntangeable. tax. which means Ku the notes will yield the full 4% ’l‘he umooo notes are redeemable in whole or in ;‘n on the first day of any month on 30 days' notice at 10015 and interest through October 1, 1981, and thereafter through October 1, 1932, at 100% and interest, and thereafter, prior to maturity, at 100 and interest. ‘The notes will be issued in coupon form lnhldlnamlnldng ‘gt.l $1,4 3100 n';d n(m.:n le as to_princ! only; the National Bank be Fal ko of New York Tegistrar. m‘ has been authorized by the Publu Utilities Commission of the Dis- | trict of Columbia, the purpose of the mflm and to provide funds for and extensions, either con- ! templated or under way, and for other | pu mm thm financi the Washington Gas Light eral years. done by . In sev- Voorhees Insurance Club Head. Aubrey J. Voorhees, manager of the affiliated companies, was unan- dent for a sec- fmously re-elected presi anme?‘nuumun(offlu nuum.oan-nun. sustaini nnfl ln l:f DIVIDENDS DECLARED NEW YORK, November 20 (). — Regular. 5K TERE 2 H P et L] ¥ FEES FERNIEEY 2 4 Bulova Watch (l). SRS R eanaSEEes! NEW YORK STOCK EXCHANGE whmmmumuuoln EH (L ISTRY- % 3 Tl Am Brown Bov Elee. Am Brown,B E pf mlan- Am Can (15). one—-—u- o Am Hawallan (a10). 10) P19 Am Internatl (2). Am La Fr & Foamite Am Locomotive (4). Am Locomot pf (1).. M Am Metals&Min (1). Am Power & Lt (r1). Am Pow & Lt pf (8). Am Rad&Std San(1) Am Sm&R 2d pt ®). Am Sm & Ref pf (7). Am Snuff (13%). Am Solv & Chem . Am Solv & Chem pf. Am Steel Fdy (3) Am Stores (2% ) Am Sugar Ref (5). Am Sugar Ref pf(7). Am Sumatra Tol EU LT s 5 Tel Am Tohaceo (5).... Am Tobacco B (5) Am Water Wks ( Am Wat W 1st pf (6) Am Woolen pf. Am Writ Paper ctfs. Am Writ Pap pt (4). Am Zinc Lead & 8Sm. Anaconda Cop (2%). Andes Copper (1)... Archer-Dan-M (2).. Armovr of 111 (A). Armour of Il (B) Arnold Constable. Asso Dry G (2%)... ‘Atch To & S Fe (10). Atch To & 8 F pf (5). Atl Coast Line (10) AtIGuIt&WI(3).. 2852 M - ao maparaESe~Sanedn Auburn Auto (J4)... Austin Nichols. Austin Nich pr A Auto Strap Saf R(3) Aviation Corp ot Del Baldwin Loco (1%). Baldwin Loco pf (7). Bamberger pf (6%). Barnsdail A (3) Bayuk Cig 1st pf (T). Bulrl e Cream (4) Belding-Hemingway e 15.51. Bloomingdale Bros. Bohn Alum&Br(1%) Borden Co ( Bklyn-Man Tr (4)... Bklyn Union Gas {§) Brown Shoe (3) &Ry ). Bucyrus ov of (1%). Budd (EG) Mfg Budd (EG) pt (T).. Budd Wheel (1).. ... Bullard Co. Burr Add Mach (1) Bush Term deb (7) Byers (A M) p Calif Packing (4) Calumet & Arisona.. Calumet & Hecla. Campbell Wyant (2) Canada Dry G A (5). Can Pac new (2% Cannon Mills (1. w). - 822 - Se Suanns [ SS-TISTOTNIORN. 1Tt | PO -3 Jarere & £ 4-t 0] n-teed Prod Checker Cab 14.20).., Ches & ORlo (23%). Chesapeake Corp (3. Chie & Alton Cni reat Western. ChicagoGreat Wn pf Chie Mil 8t P & Pac. Chio M1) St P & P pf. - Childs Co (2.40). . Chrysier Corp (1). 0 Sormnnanannant o s 8 e City Stores (50¢) Cluett Peabody (3) Coca-Cola (8) Colgate-Pal-P (3%). Coliins & Atkm: Colonial Beacon. Col Fuel & Iron (1).. Col Gas & El (2). Co! Gas & EI pt A (§) Coium Graph (a%) Columbian Carb (t6) Comm Credit (2 Com In Tr (g Gomm Solvents (1) Comwlith & 80 (6 Comwlith & 8o pf Congol Congry Consol Cigars ( Conso! Cig pr pf .‘L . Consol Film 12). - S Zooos @ e -1 0) Du P de N @eb pf (8) Durham Hostery pf.. Bast Roll Mill (ht3). Equit Office Bldg (3) Erfe RR........ 6% Eureks Vao Cleaner. 3 Evans Auto Loading. 5§ Exchange Buf (13%).300s Fairbanks Co pf. Fairbanks Morse Fashion Park Asso. Fashion ParkAs pf. Fed Motor Tr (30c! Scre Follansbe Bros (1) Woster Wheeler (2 Foundatien Co. . Freeport Tex (15)... Gabriel Co (A) Gen Refract (t4%).. Glen Theatre Baquip. . Gillette Saf Ras (4 Gimbel Bros. . Glidden Co (1.30). Glidden pr of (7). Gabel (Adolf). Gold Dust (23). Goodrieh (B F). Goodrich BF pf (7). Goodyear Tire (5)... Gotham Stik Hostery Graham-Paige. ..... Graham-Paige rets. . Granby Consol (3) Grand Silver § (m1). Grand Unfon........ Grand Unfon of (3).. Grant (WT) (1).... Gr North of (5). Great Nor Ore(12%). Great Western Sugar Gr West Sug of (7). uo- nma Grigsby Grunow.... Guantanamo Sugar. . Gulf Mobile & North. Gulf Mob& N of (6). Gulf States Steel. ... Hahn Dept Stores. .. Hahn Dept 8 pf (634) Hanna of (new) (7). Har Wk Ref nnfl.. Hartman Corp (B Hayes Body. Hercules Mot (1.30). Hershey Choo (5) . Hersh Choe pf (46).. 26% Holland Fur (et2%). Hollander Sons. ... Houda! ershey. . Household Fin pf (4) Houston O] (b10%). Houston Ofl (new). . Howe Bound (t4%). Hud&Man Ry (3.50). Hudson Motors (3). . Hupp Motors. . finots Central (7)., ndepend O & G (2). Indian Motor Cyele. . Ind MotorCycle pt. Indtan Refining. Indus Rayon (4) Tngersoll Rand (16). Inspiration Copper. . Insurance 8h (45¢).. Ins ctfs (Md) (60¢).. Interboro Rap Tran. Intercont Rubber... Interlake Iron (1)... Tntl Bus Mach (n6) . Intl Carriers (25¢).. Int] Cement (4)..... Intl Harvester (3%). Int Harvester pf (7). Intl Hydro El A (e2) Int] Mateh pf (4).... Intl Mer Marine (2). Tnt] Nick of Can (1). Intl Paper pf (1) .. Int] Paper & Pwr A. Int] Pap & P of (1) Intl Printg Ink (3%) Int Print Ink of (6). Int Rys Cent Am e Int Rys Cen A pf (). 20;)1! Jewel Tea l'fi) Johns-Manville ll).- Jordan Motor Car.... Kn-cuy Bou (5)... Jullue (3%). Kllly pring Tire. .. Kelly-Spring 6% pf. 5201 Kelly-Spring 8% of. IOOI Kelsey Hayes (2)... Kelvinator Corp Kend Co pf (16.37).. CDI Kennecott Copper(2) Kolster Radfo. . Kresgs (88) Co . Kress (SH) Co (p1). Kreug & Toll (1.60). Krog Gr & Bak (n1). Lambert Co (8)....n Lee Rubber & Lehigh Valley Coal Lehman Corp (3). Lehn & Fink (3). . Libbey O Ford Glass Liggett & Myer (16). Lig & Myers B (5).. Ligg & Myers pf (7). Lima Locomotive. .. Liquid Carbonfo (4). Loew's Ine (3)...... Loew's Ine pf (l*). ™ remaane SBeand Prev. .Meu-. T lll Iu llfli IMK 23 23% 104 9% 168% 170 130K 130 16% 16% 52 49% 454 46% B7T% 43% a3 2% b 4 54 2% ’M 29% 5% 19% [ 12% 26 5214 2% STOCKS ARE FIRM: IN UPWARD TREND BALTIMORE CHRISTMAS SAVINGS SHOW INCREASE Market Shows Strong Under- | weeks. tone—Business ‘News Continues Mixed. BY GEORGE T. HUGHES. Special Disgutch t0 The Star. NEW YORK, lonnnm 20.—Selling at or -muu mll of the mcvnm the Bt 50% | metal market was Other Trade News. California oil output last month was higher than that of September, wmu output fell off during In neither car or au usual $1 e common. It had been thought pos- lible that this might be omitted. The real driving power back of the market today was the steadily growing uneasiness of ators for the beune. Estimates of e extent of the short interest were revised upward. Motors Improve, shares were actively - bought ership of General Motors e Even b e proportion as e will rise, it is predicted, through control of nses now being practiced. But the producers regard it as certain that the huxed-up demand for replace- ments will result in much busi- ness. United States Steel gave impressive leadership to the general industrial list, sell at the best of the recovery. Ame: Can, Westinghouse meemc General Electric and Standard Oil of New Jersey were promlnent on the ndg advance. In stocks that had been most heavily lold the bu; was still more effective, as for example Alr Reduction. Merchandising mcn ‘which mdwlmmmlfludum Utilities rallied against the shorts, of the gains were ‘were quiet Opening Is Higher. ‘The mlrk'e: "dllur ;fl?:dieny hlghz; opening, enf - 'es, more im] ve perhaps than ;':cenl rmvmaw?:m: of the buying Activity was intense on the upturn. United States Steel, while a point high- er, was one of the more conservative the Sos gx;ovflnem. with New York Central and nnsylvania most active. Mine shares improved, especially American Smelting & aenmn‘ and Cerro de Pasco. SUGAR PRICES STRONGER UNDER CHADBOURNE PLAN While there has been no funda- mental improvement in the sugar sit- uation, the Chadbourne plan, says the Brookmire Economic Service, Inc, in its latest bulletin, will remove 1,500,000 give the Java to co-operate in a restriction pro- l'l'lln- These developments may be re- ble for Lhe recent rally in prices, actual justification may be foun: m the flct that recent prices have been substantially under the cost of production. NEW DRY DOCK INDUSTRY. BALTIMORE, November 20 (Special). Dock Co. ormndrydockotw E. ‘oodall & Co., which served large sail- It 'fl&l;- finwoodfll-hk” . and others. It has been ted and set in working order. centimes. Five per cent loan, 101 francs. 3 Exchange on London, 123 francs 65 centimes. The doliar was quoted at 25 francs 45% centimes. Money to Loan 25 o | Wells Btohet § we UP TO #300% ‘On Our Liberal 20-Monthly-Repayment Plan No Endorsers Required * A Strictly Dignified’ and Cnfilflfld Service 4 Maryland Personal Bankers S A 88 g Public Small Loan Co. S Crereaion 000 Bethesda Personal Bankers 6982 Ave, Md. Phone Wisconsin 4874 Under Supervision State Banking Dept. An Office in The Shoreham Building —gives a standing to your business that it cannot enjoy in any other environment. Prestige is.an asset -worthy of consider- ation in connection with establishing a business home — and the standard which is being critically ob- served has brought to The Shoreham Build- "ing corporations and individuals of the highest class — who appreciate what such association means and who find in its facilities and service that which exactly meets their require- ments. Inspection of available space will be appreciated Representative of the Owners SHOREMAM INVESTMENT COMPANY Rental Office Room 520 15th at H National 5643 First Mortgage Loans On improved Real Estate in the District of Columbia and searby Maryland and Virginia for 3, 5 er 10 year terms on your . 5140 RANDALL H. HAGNER & COMPANY MORTGAGE LOAN CORRESFPONDENT Office Building Business Property o [ K'St. NNW. National 0478 i hmvnxcl 1,000 Costs $15.88 M. LEROY GOFF Woodward' Bide-—Nat. National Metropolitan Bank 1814—Ofdest National Bank in the Dis t of Columbia—1980 15th St., Opposite U. S. Treasury More House- keepers Are Finding Out —every day that it's easier to keep domestic budgets within bounds, when Bills Are Paid by Check. gw: maintain a Special Dept. for women, and invite you, Mrs. Home- maker, to become patron. 3% on Savings PROPERTY MANAGEMENT Apartment House MANAGEMENT in J st 925 15th St. N.W, M ORTGAGE WHY BUY—: Diversified Trustee Shares upul‘c We've had more than & third of & century’s experience, eqmppm'mnmdudm LOANS Series “C” i . l::"" ’mnm-‘fim TR dfl-—m"' B e R RE L R Do R MR e RSB Ang oo, e e oS08 QST 0 per present share. Nov. | Hehied investor i Susins” Diversiied. | A I‘#""h"-'a Wascaman, BRawnER &Co. 1700 Eye Street, NW. INCORPORATED Washington, D. C. Grand Island Ear RADIO station that can hear around the world has been erected by the United States Government at Grand Island, Nebraska...among fifty acres of prairie 4 forest of shiny poles and wires— : the latest scientific equipment—comprises this - immiense receiving set, built to pick wp. the faintest broadcast by the most distant station on the globe. vm.huu:. the lld of ‘:flw lcl‘u!l.flc fil‘ THOS. E. JARRELL CO. ‘REALTORS & 721 10t Strest N.W. Nat'l 0768 Conso! Film pt (3 Consol Gas N ¥ ( New York Life Insurance Company mrm values has ever De- M'm. 1321 Connecticut Ave. Decatur 3600 Louisiana Ofl . ‘The wise . investor, attempt this' impossible M—M his funds in & sound non-speculative umm“‘;y he a steady, -lmu s m through the MeCall Corp (2%). .0 McKeespt T Pit53%) Rob Jopet ATy R T T g LN % §5! mm-u. 3 > 5 5 G e e For the INVESTOR’S Benefit Changes in industry may be turned to the investor's benefit rather than his detriment. A systematic and regular check-up of earnings, policies, and future pros- g;m can be made by anyone who cares to use the tistical Library which is parc of the equipment of our office FENNER & BEANE “Washington Offc 1430K Street, N. W... .. Telephone National 7000 i I8 e J. D. Moraersaen, W. E. Lewis, MANAGERS Members: New York Stock Exchange and other principal Exchanges PRIVATE WIRES TO NEW YORK, NEW ORLEANS, CHICAGO H g - FERREREY HERRRENY BEGE_..¥ . 53 SNER _NEMEVE 5 BENES Siiteat Curtis Publish (17). Uurtiss Wright Corp l2l1ttM & ths:v Co. BAN. - BenRo-RrnmRenon onans s et anaan ll« ll 10 14 1 2