Evening Star Newspaper, December 3, 1930, Page 13

FINANCIAL. .- 5 G STAR, WASHINGTON, D. C., WEDNESDAY, DECEMBER 3, 1930. 'mSTMAS’S‘AVING! NEW YORK STOCK EXCHANGE ||STOCKS AREFIRM [ eercestare coms CONSTRUCTION LOANS . Received by Private Wire Direct to The Star Office. 2 R NCD) s e | INDRAGEY MARKET e g o SRS s which shows those to be 50l in odd lots only. Ll ) Sl Bk BTow 208 I Metropolitan ‘Life Insurance Company we Indivilual sales compiled to 12:09—complete in Drue Corporat i4)... 3 68% 661 6616 69 always have ample funds available to loan on e o8 - SoRsanaen © hfiufle . . | —Prev1sso~ Stock an Bales— 3 Duluth S 8 & Atlp.. 1 A : 7 P Banks and Trust Companies & tow A Ly eSS NS, Luw. close Cuse Dunhill Int (1)s.neer 2 e[ Trading Volume Small andl Lawge or Small projects. : 86% 36 AbItDIP&Pof (6). 1 : : ithi weit PHREY RPsT Report Big Enroliment | a7 17w Atams map /g0 6 Lhie e el um| Price Changes Within | Lowest Ratesof unterest and Commission Our organization is fully equipped to assure 94 854 Adams.Exppf (5)... 55% Zastman Kodak ( Y 4 1671 i " " 4 ’ e for 1931 32 21 AdamsMilis(2).... 4 22% 37% 11% Eaton Axle &8 (3) 16% Narrow Limits. Thomas J. Fisher & Company. lac. immediate action on your application, 3t Advance Rumley. .. 2 8 o 3% | 1143 33 " Eleo Auta Lite (63 3 si% i Consult BY EDWARD C. STONE. 91% Alr Reduction (t434) .| 108% 37 3 Privg BY GEORGE T. HUGHES. e G 3 . Reports obtained from many local} . v 0% '1,'3.‘ f;l{: 5.' :&'r-tal‘:a:::s')), - % :?“ Special Dispatch to The Star. First Deed of Trust EA_V_E.RBR 4 banks and trust companies indichte that 116 107% Endicott-John pf ( 116 ‘ NEW YORK, December 3.—With REAL.’I‘TRS il surpass in membership the all-time 78 Allexheny Corp o o 43% 6% Eureka Vao Cleaner. e Atk Washington Building District 9486 record esf € in . t ) 4 © Auto Loadt: . low: Y 8 = Starting last Saturday, Christmas| Sen 'movs ANl Cmmioor ) 34 207 22 Exchange Buf (1%).1008 today held steady in the face of various Reasonable Commission and # a 01 surpricing rapldity considering condi- 18" Nmerata Corp (3. 16 Fatnion Parkas b e | e Suie . Metropolitan Life Insurance Company bankers misgivings as to the out- A Py ol i s il e stimulate enthusiasm for steel stocks. e B many ban] giving: 1% Am Agri Chem ctfs.. 9% 46 F1d Ph Fire In (2.60) 3 e that both suthorities con- > Zoans made in the pistrict of Colum feared that last year’s mark could not 20% Am Agri Ch pf ctfs.. i 3% irest T & R pf (6).. ¥ b i be reached, mich less surpassed. 4515 Am Bank Note (13). First Nat Strs (2%). IRt B i . rait ndications today pointed not only to | 3 Am Beet Sugar F 4 ! Fisk Rubber. 3 Y 4 4 - W) 5 } a of operation, the Iron Age putting the figures, but also to a large total in the 6% Am Brown Bov Elec. 2 % Foundation Co.. 6 4 st anl 4 amounts subscribed by the varlous 38 Am Brown BEpf (1) 3 : 21, Fourth Natl Invest.. 3 : g Voot b B Rt members. Many banks not only report | 156's 1074 Am Can (16). " Fox Film (A) (4) F it at 40 per cent agains pe of the drive last year, but vaaa that g;« gg Am Car & Fdy ( % L 50 Gamewell Co (5) 6 % Reasons for Advance. Shares includes common stocks of : many of these members are signing up | €9% 32% Am Chain (3) 78 Gen Am Inv pf (6) The Iron Age declared that the mo- to save larger amounts during 1931. In Gen Am T'k Car (34) 2 3 tives for the contemplated advance in $100 in 1930 they are planning to save . Gen B 2 9 i It is the Government pay roll,” said 27% Am Ice (}4) o3t Gen Cable pf (7). 3 Publication of these analyses of the asked why Washingtonians are able | % Am La Fr & Foamite Gen Electric (1.60) 3 4 48 4 ited States Steel held around to show such surprising interest in the | 33 9% Am LaFr & Foam pf. Gen Elee spec (60c y T e D g e Christmas Savings Club plan. “Condi-| 195 ~ 28% Am Locomotive (2). Gen Food Corp (3). 6 521 [ 2 Ths weekly car ioadings statement prevailing in most other large cities in | S0 AR MWy 1 1 Gen G & El cv pf (6). ¢ reater than the seasonal rate, Never- the United States” bhe added. “The | i lied o o Gen/Mills 13), 7 % AT Fieiess there was little change in the 4 Gen Mills pf (), 9 % | raflroad shares. Atlantic Coast Line 424 8% Abitib! Pow & Paper 0% Du Pont de N CN.'N). 8‘6 % ol 84% 284 Addressoer'ph (1%). 10% 2% Eitington-Schild Y 4% 1414 Advance Rumley of. 214 Electric Boat Money on Hand to Loan om e R LT ‘ : 4 ek sagr 125 16« | practically no important price changes 6% Interest savings accounts have been opened with | 16% Adpha Port Cme (2).. 8% < PATFOANLE Co b adverse trade developments. Prompt_Replies to rtgage Loan Correspondent come of the present campaign. It Wls: 20% Am Agrienl Chpf .. 3 3 156% Firestone T& R (1). 2 Y K 7 9 firmed the report that an advance in G“ Lwili‘n. Avg‘ N_w. Nearby Maryl | an equalicg of the 1930 membership % 35 Am Br Shoe 12.40).. Foster Wheeler (2).. fioure at 39 per cent against 41 per more members than in the early stages| 150% 140% Am Can pf (7). y 29% Freeport Tex (15). it : +|cont in the preceding week. The Portfolio of Independence Trust many instances where members saved Gen Asphalt (3). 7 Y % | prices were “mounting costs, vanishing a local bank president today, when 17% Am Internatl (2) Gen Cigar (4) 3 361 Y E situation were without effect on the tions here are very different from those | 19 Am Locomot pf (1) showed another decline in amount Capital is indeed exceptional in rela-| (90, 3, Am falGalof 1) 5 »s tion to the Natlon-wide business de- t i . 314 Gen Motors (13.30) 35 E sold off n:arly 5 points but liquidation pression, and it is hard for visitors Mot sy e phadieidy 9 Gen Motors of (5). 8% - 06 5% | was. absent from the majority of the in the city to .understand why condi- 18 Am Rad&Std San(1) et OuMoor A4Y. . .. " | carrler stocks. tions are so favorable.” 29 Am Roll Mill GenOut Adv (A) (4) 3 3 8 Declaration of the regular dividend : 0% 20 Am Ro (n2)... . - Gen Ry Signal (5), 1 70% % # 72 lon Lambert Co. stock brought a brief 28 Banks in Campaign. 524 Am Safety Razor (6) 2 g 5% Gen Realty & Util. ‘. 6 Tally in the price and the same was 7 U s " 28% Am Shipbuilding (5) Y P ” Twenty-eight banks, belonging to Gen Refract (14%).. 3 e e 5-eig nging A ey e Gen Theatre Bautp.. 12 18. CEB il ooy The Everlasting ;’ ; 3 3% | Lehigh Valley paid ‘its regular rate, al- Sperating clubs this vear and so-operst | 100 47% Am SmET 2a e (63 GiletteRur s ) 3 % Am Sm & Ref pf (7). 1 Gillette Saf R pf (5) ing in the advertising campaign being : b! AR though the president stated that earn- ! conducted by the association’s Advertis- by s N i Glidden Co (1.20)... 2 9 + | ings would probably mot cover Tequire- - Gas & El ‘Demands of Mankind ing Committee. Glidaenpr ot (1) T0s L ments for the year. His judgment was : Tel, E ot A 1) Gobel (Adolf) - o 5 Y that the outlook fustified dipping into Consol Gis of Y. i 00 with &5 ‘xpenibite by I9di- Kl ¥ k + 2309 surplus. Mack Trucks was lower in the Elec, Bond & Share are:. ke BB witiis 5 g g % like to feel that the club fund 115 Bethlekem St pf (1), 3 - Int] Bus Mach ( is for a r. The main idea, o 23 Blaw-Knox (1%). 27 % eversis the fear Uit they wm‘es;e:flt 69 16% Bohn Alum&Br(1%) AR R oo Liligdly it is' tied up so that it cannot 59% Bon Ami (A) (16 1 29 Int Comb Eng pf. drawn unless under unusual cir- 60% Borden Co (k3).... intl Harvester (2%). " sy 15 Borg Warner (3). 23 Intl Hydro El A (e2) vidual banks amounting to $6,000, mem- 99 Am Tobaceo (5) . ool LY 2 54 '::(1"5 I early trading but rallied partially later. e o, of N.J. co-operative advertising and ltile in-| 1247, 58% Am Water Wks (n1), . - ¢ - ' |and announced after the close Tuesday INDUSTRIALS the market looked sold out on the one American Can Sain the club Jgt.cloeld having S3.191 53 riuapanda Dop AN : Gr North of (6). . 6 64 o3 ment was predominantly pessimistic Fo life’s necessities. Every man and woman born and nearly $400,000 over the previous | 16'% Archer-Dan-M (2).. Gr West Sug nf (7). 104 General Motors ar. While checks have just been sent to 1% Armour of Ill (B).. T 28 Grigsby Grunow. ., 20 4 ) 3 5 ' for the decline were content with a Union Carbide & Catboa 4 e Seeel grows, utilities grow. Where our great utility well over $7,000,000. Quite a good many 20 AssoAppl Ina (4) . T e ¥ Call money renewed at 2 per cent and 182 Ateh To & Y. Tt It was sald today that a latge number 18% At Refining (12). .. 8 108% 83% Hersh Choc pf (15) | lower, showed slight improvement as The Manharian Co. of thesc checks are being used to build 3% 60% Auburn Auto (§4)... " 6874 Household Fin pt (4) cnly 164,000 shares, against 204,900 in Unjon Trust (um.,,.d} stones upon which “rests our country'l inherent md, Christmas shopping. A lot of it is also 19% Baldwin Loco (1%). % % Howe Sound (14%) Rails and utilities met considerable ons ing up their full Christmas savings sub- % A Illinots Qentral (1) message, but more because of their Standard Oil of Calif. 8500 When it was suggested that it | 90 Bayuk Clg 181 bf ( 124 Indus Rayon (4). carloadings. Ofls had to contend with Oils, Railroads, and Insurance, comprise the composite larger interest, the club members stuck UL B )i o y Interlake Iron (1) loans was in line with expectations. at times was down nearly a point. Price at Market Ry the food shares and amusements were i 12% Briggs Mfg Co. ! Int] Mateh pf (4). .. e inghouse Electric followed the early Insurance Co. of N. tising and_with an expediture by indi- 178% AMTeLE Tel 191 Elec. Bond & S a Pab, Serv: berships totaled 49,385 and subscriptions 100 Atn Tobaseo B 16, 1 | “The sharp falling off in sales reported B 51001000, The. fonowin seat.” wiih e i eoi 50% { by Montgomery-Ward for November LIGHT, HEAT, WATER, POWER dividual advertising, the membership | iRt Werolen i o % , o r -5 2 4 .4 [brought only a fractional recession in Allied Chemical - : 2 increased o 66219 and the atals to | dak 10l Am Woolen of % 20% 201 Grand Sily Stra(h1): 2% | the price -of the stock. In other words, Alls Chaimers No depressions or regressions, no poor times 447,750, 3 .20 Am Writg Paper pf.. 2 * Grand Union ......, 2 2 % 12 2 ‘Amer. Tobacco B 2 0 Each year since has shown a healthy | 175" 41 Am Zinc Lead & Sm. y 2 Granite City 86 (61, 24 2. 22 |band end ot gesty. to inidate Suyad o or panics can seriously affect the demand for members and total subscriptions of $7.- 20 Anaconda W & C (1) Great Nor Ore(12%) 16 ¥ Sreat W . - and predictions werc made that the A ettty $A00,08 s T et o kT et - : Great Western Sugar _ 5 bear element, would make another ac- Genenl Elecuic in our country becomes one more customer e - Ciplilt 9% | tempt to test recent resistance levels. 2 et 4 Wihie o : L il o] Greene Cananea Cop. 208 During the forenoon, however, operators Internacional Harvester for our great public utilities. As population all members of this year's clubs, they 25% Armour of Ill pf (7), It < ‘ ‘ S 23% 7% Hahn Dept Stor 6 97 y y Siiing ide, % did not total the above figure of 4 Arnold Constable.. T2 40% Har WeRef (12w, 3 41 Walting attitude Westinghouse Electric d lation foll Here i members were unable to pay the fuil 25% Asso Dry G (2%) S T SErere (BN Gy 1 " was firm at that rate because of month St systems expand population follows. Here 18 SO O e oar. b B 138 123% Helme (GW) pf (T). 208 133 35 e e s a self-contained circle of potential progress and Many Checks Redeposited. B 123% 116% Hercules Pow pf (7). 20s ! 3 B arly rket Irregular. 0 o o S 113 Atl Coast Line (110). i e e % - , 4 “miocks, atier’ Gpeting ‘rvegulatly Clisse N expansion as sure as life itself. of last year'’s members are putting their 97 Atlas Powder pf (8). 99 99 12% Hollander Sons s Nitional City Bank L oS = & i . the session progressed. Trading, how istional Cit 4 , checks right back into the banks. Many 10% Atlas Stores (n1) . 1 5 baectn st e et atow, sl Hchis m,.m.‘.....'{.t iy Pub'lc Utilities are one of the six foundation up checking accounts. so that a good 1T BRRERaich DA thS 116% Houston Ofl (b10%). half Tuesday. Call Phila.) deal of the money will find its way into 3% Aviation Corp of Del the first ha S e Phils. National (Phila. E g G 5 y %). 33 26 i Gt viel on s money Tenewed at 2 per cent. Security 1¢ Nat. of Los Ang. in the last analysis, indestructible prospetity. bell:l phcedmin permmentb:avlng& 3 93 B.M'lnolficul?' (1).}:2; lg:u Y Hudson Motors (3) pressure, partly as a_result of the ref- N . some instances members are pay- Balto 0 (T)s... s Hupp Motor erences 'to them in President Hoover's Qflfl':fdno'.fix"‘i?fiy Public Utilities, as well as the five other fundamental scriptions for next year. In such cases % b53% Bang & Aroos (3%) 1 Ind MotorCycle pf. 2 h: Ind ial: ¥ . market action in the preceding session Standard Oil of Indisns sinews of our country’s stren, : Industrials, members have put back as much as 12% Barnsdall A (2) 6 el 4. h Biod 'the larger than seasonal decline in e Copoention try gt , Banks, ‘would be more businesslike to put the 214 Belding-Hemingway Ingersoll Rand (16). . N roduction decreases and gasoline stock i money in a savings account and draw 14% Bendix Aviation (1), 8 napiration'Copie S.m The huge decline in Wall street chison l ponfoho of to their original plan. 58% Bethletem Steel (6) Int Agricuitural v I United Carbon declined, following its| e dividend reduction. United States Steel fonbern lndgpendengc Trust Shares Sears-Roebuck followed the early down- IANCE COMPANIES ¢ trend of Montgomery Ward. Most of e i off slightly. Radio fell about a half Tiome Send for Booklet “How to Judge a Firved Investmemd Trading Lively on Exchange. 0¥ Brockway Mot 7 Intl Matéh of (0) .o point, and so did American Can. West- U5 Fid. & Guse Balo. Trust” Trading was unusually active on the| 78%, 8% Bkivn-ManTr (4) Intl Nick of Can (1), 85 [ i istered by General Electric. Ask your Bank or lnvestment Dealer i ‘Washington Stock Exchange today. In 53 ~Bkiyn &Qu Tr pf( 37 Intl Paper pf (7). ..1108 o] R T— 2 A e Reytia TP P TSI 8 twnover of cnly 16 shares Caplial 10 BrobBerkicel <o (&% Int Paper & Pur AL T T ; PUBLIC DOMAIN. : INDEPENDENCE SHARES SOUTHERN INVESTMENT ‘Traction sold off to 47'¢ for the firsl 86 Intl Pap & P ptf (7) 0 -+ time, but closed at 48%. Railway & e e i r ; Intl Printg Ink (234) % 175 By the Associated Press. l CORPORATION DEALERS, INC. Electric preferred opened at 98!, and =g ahdd 5 Inti Salt 3)..... 1 38 4| “'The President’s committee which has closed #t 98, sales totaling 40 shares. 0% Intl Silver pf (7). ufnelnvsitiuatmg the administration rmmyrhnua.u;:mmh & "y’..uuu. '.m, Twenty shares of Merchants Bank Intl Tel & Tel (2)... 27138 27% $ 3 15% Bulova Watch (3) and conservation of the public domain & Trust Co. came out at 102, Federal- 6714 Burns Bros (A) (8) Int Dpt St pf xw (7). 208 63 - 63 |0 ot submit its recommendations American Co. common moved at 28, 18% Rurr Add Maeh (1). z i S b A AL until probably early next year. While 105 and Mergenthaler 1y 23% Bush Termnal (2%) mmittee, meeting in executive changed hands at 88%_ In a small ot bt bt et ol S L A % Jewel Tea (15). y R o during the Mst two weeks, Peoples Drug Stores preferred 1% Butte Cop & 7 (50¢) . % 2 3% Johus-Msnvilie (3).. i reached some tentative conclusions, its moved at 90%. = Real Estate Morigoge 1 ‘BUite Soperion; 10 , 12315 118% Jones&Laugh of (7). 60s 120 fnal decistons have been deferred until el o Musheny hiuhe 10 Butterick Co 5 . 5l % Jordan Motor Car 1 , g TRy | ST e e (1 dunigry: o Brborating SR 7% Bye: 6 85% Kans City Sou (5) —_—— 41 114 106% By 70 Kans City Sou pf ::d&lnu%hn g:ét“ lshngl changing | 7% 49% Calif Packing (4 13% Karstadt (R) (1.03)., 8 Money t,o Lo.n_, estate. nds. e first sale Commbin | LD N e Asloon : Kayser Juliys (23) . Secuzed by first deed of trast on ool Country Club 5'¢s since their recent 10 Prevail 420 Wash. L. & Trust g Kelly-Spri T 2 2 listing, took place today, 81,500 selling| 33% 8% Calumet & Hecla. Kelly-Spring 6% pf.. 108 Joseph L. Weller are o' § AW: ther 0 10 Campbell Wyant (2). . i ] T s e I A ] Kelly-Spring 8% pf. 120s ? b | e ¥ 39% Can Pac new (2%).. Kelsey Hayéa (2)... 1 23% 23% 23% ¥ e 1 es ra e s 0C e 0o 0 Commercial Bank Votes Bonus. 18% Cannon Mills (1.60) Tw Kelvinator Corn .. 10 4 A Direct 28% % Capital Admin (A).. 2 9% .. . 3 ° ’ tors of the Commercial National | 2% 8 Cavital Admin (). Kenhecot Covarcs) s L All Eggs in Bank have declared the usual annual| 4 b Kolster Rad bonus of 5 per cent to officers and all | 362% 1034 Case (J 1) (8). Krenin (88 o 601, tber employes of the"company. Fresl | 0% 2% Chiemlar TRCD 1o A have proven themselves-time and again as having the great- | s 4 Krog Gr & Bak (nl1). ‘ : ? o1: : ¢ : The'bonus s based on vearly wiaries| £, 55" ooty Coy 1 o Bk gt One Basket? est ability to recover after periods of depression. But with of the lotal banks in connection with | 0% 20% Cent AEuprede iy : Ao Lo LA the purchase of only a few stocks f the high d :.hemmn;.dl zml'fiinfimfifii‘.‘ w{fi 3% Certain-teed Prod Lehman Corp (2). % CONTINUITY of ple P S y ey stocks, evenal tur MGHEIL gtutle oo o gl g 16 Checker Cab 14.30).. 21 Lehn & Fink (3) e for il proteeioatol ¢ ke sl dcton: However: i STt b 00 e , saraing far the protestion's and at present low levels, constant attention and a thorough Bankers' Associaticn appeared today. It | sured if earnings are derive 1 g : contains an article by Edward J. M- il ] Sy Ll Bete (2607 s s from many sources. owledge of conditions are required. 3::1&. first vlfi‘e president of the asso- 22% Chicago Great Wn pt % 42 Liquid Carbonis (4).. v 49.° 50 ¢ on “New York’s Real Estate 6% Chic Mil St P & Pac.. 7 T Loew's, Inc (14), M " 4 Vi Associated Gas Law,” a comprehensive report by Chair- Chic M1 St P& P pf. Loftine. ... 4 3 : P \: Ian§iilcy S Thomean on, the: werk 390 Gt & Northwn (4). - Loose- Wil 03 53 o eh | p il Moody's Composite Portfolio The insurance company principle of diversi of the Advertising Committee, and 7% Chie Pneu Tool, 10% Lorillard (P) Co. ... Rating “A” fication can be achieved most efficiently by much other information. The next| gpy 2214 Chi PneuT pf (3 34 g LouG & B (A) (1%) \ < a3’ ings through diversified serv ineetiag of the couneil of administration 9% Chic R 1& Pao (7.~ ; Loulsian Oil. ... s i iosin 71 states iocluding CORPORATE a group holding. There will be fluctuations TRy 86 ChicR1&Ppf (6)., Ludlum 8t ¢ nearly 1 of the state of New i P hccording to Tous T. McFadden, | 21% Chi TellowCab (). Mac And & F (1285 York, 1 of Pennsylvania and TRUST SHARES within the group and by the group as a = ' s Co (2.40).. .. ORIl Carp ) : S S X . - ing and Gurrency of the House of Rep- 145 Chryster Corp (). ’ Mereent Einictey i bablabay g i B e whole, but persistent progress is bound to ;. s 3 y Ico 4 McKesson & Rob (1) E : o didvere These 28 Companies — 0 branch banking act of 1927 are not 79 City Ice & F pt (6%) % 25 _For a reprint of the a 3 likely to be voted on at the present Tl A el p g e e A tsement, ‘.\tlun_mh in M-Inv New York Central ou;nfth;large well managed corporations, . session of Congress. e Committee 25 Cluett Peabody (3).. i Mack Trucks % 4 43 trands,” explaining the value Iilinois Central i i gn Banking has been engaged in fact-| 105 o1 Cluett Peabdy of (1) e e S t0r - o of divertity, write to . Uiks Pl S“CUS;SSt °;°Esmdudef md CORPORATE ng, and as not yet reached a| 191% 133l Coca-Co ). 4 Madison Sq Gar (1) i TR HA! are selectex point where definite r dations | 523 4813 Coca-Cola A (3)..... Southern Pacific : & e recommendations | ‘oca-Cola Magma Cotper (3) o NG can be made. i 47% Colgate-Pal-P (23). Mallison & Co General Ufility Securities B i ‘ennsylvania 3, 12 (ollins & A . . N .. . . e . o:;:::r oy 21 ColFuel s Iron (1 i, et g Tasoporsiod iy Wide diversification is provided in 28 . . 2%, Co s . . o o +1:, ‘Thomas Y 23 32% Col Gas & E1 (2) Manhat Shirt (1), 61 Broadway New York Stand. Oil (New Jersey) leading industrial, railroad, oil, and utility Stand. Oil of New York man, Brawner & Co. has been made a . 9% Colum Graph (a Marine Mid (1.20) member of the Committee on Fraud- | 81% Columpian Carb ¢t Market St Ry. H 11 ulent Advertising for the Southeastern | 163 Comm Credit <) .... Market St RY br b ‘Stand. Oil of Ind. companies with an average age of 58 years group of the Investment Bankers' As- | 20% Comm Cred pf (1% ) ‘Marlin-Rock (15% 3 sociation. W. K. Manly of Steln Bros,| 55 25s com InTr ¢al 60) Marmon Motor Car. . and an unbroken dividend record of 33 & Boyce has also been appointed to 99 Comm Inv Tr pf . Marshall Fleld 23%) b, F . this committee. 80 Com InTovpf e6). Mathieson Afkall (2) years. These companies have combined assets of over 23 billion dollars and 1532 subsidiaries which enter into every business activity and serve directly ‘or indirectly every American family. 5 s @ 2 e, melufentlantme ‘The Pederal-American Naticnal Bank 3% Com Inv Tr war sta. % 3% MayDeotiBtie (13) .. & Trust Co. has placed new signs over | 144 Comm Solvent: 1) Maytag Compan; the entrances to the four branch offices ! 7% Comwith & 8o (60c) ., Maytax Co pt (3 which became a part of the bank, 90% Comwith & So pf «6) Mengel Co (2).. the recent merger with the' 74 Congoleum-Nairn Mexican Seaboard. Merchants' Bank & Trust Co. : 56% 18% CongressCigars t4). i Miami Copper 4 The lic has subscribed for around | 60% Consal Cig pr pf 63 . Y Michigan St} $5,000,000,000 of new security offerings 53 ConCig prpfxw6%. Mid-Cont Pet (2) 8o far this year. This fact, together kK nsol Film «2) 2 Midland Steel (3) with heavy increases in savings de- % % % 90 Min Hon'w Reg (14 posits, cash_holdings in corporate o . Minn Moline Pow. enterprises and the low interest, would 3 37 12 MinnMoline pf ( appear to indicate that there is ample | % Mo Kan & Tex (3) rchasing power for securities when | 0 Mo Kan & Tex pf ( conditions show tangible evi- | & B m“:‘A Kitasour) r::’:?m permanent improvement. H ceeee ssourt P i kit - 2 Mohawk Carpet ... Monsanto Ch (g1%). Montgomery Ward. . $300-% 7 : The price of CORPORATE TRUST SHARES, which is based upon the current quotations American Radiator On Our Liberal . 20-Monthly-Repayment Plan of the 28 stocks, is at the No Endo; Required Mother Lode (20¢). . . b3 : o present market about $7 per share | d and G&El.. D 4 fl‘.’.‘:::;‘ .';'.'(", stk) i Confidential Service % Descriptive circular on Ni M 4 :::zefi.:'; P H \| Maryland Personal Bankers : e v \| 8405 Ga. Ave,, Silver S Md. g o 68% Nat Biscuit {13. 80% " ol b Ul phosion” Aheshers Slvehis i | Bl Ll GrAHAM. PARSONS & Co. | Beth: e i 48 WALL STREET . Bethesda Personal Bankers Tk NEW YORK S5 BLACK & DECKER. ' Contl Dia Fivre (1) BALTIMORE, December 3 (Spe- clal) —Reflecting the world-wide reces- | "% 9. Comilinsur (240). sions in business during the current o the Biack & Decker Manufactur. 2. net profits for the fiscal| 1115, 72 Corn Pr Ref (14%).. year ..fl'fimmw 30 of $211,640.80, | 1511, 140 Corn Prod pf ',,!' after 3 i » P P T L L L L T T T LR UL u—.-".buagtuuaunuu allowance for income taxes and Sugar 126% 963 Curtis Publish (17). 121% 114% Curtis Publish pf (7) 4% :!‘: té':m'l-l wns.b:- Corp % rt. v A, 4 41 4% 01% Cushman’ ¥ ““i 104 - °IC( )s .. -';l“ 108 Tl E e B B5e