Evening Star Newspaper, January 22, 1931, Page 13

FINANCIAL. THE EVENING STAR. WASHINGTON, D. C. THURSDAY, JANUARY 22, 1931. FINANCIAL, BEr A—13 ! '|' K Hl HER i T o ook gt o R g g g Moo a1 3 KEE AGAN HEAD [ NEW YORK STOCK EXCHANGE | STOCKS GO HIGHER |5Eesctisestiis il SNl Money o Lown, . Northern Pacific and nearly points Call money ‘renewed at 112 per cent Frevalling interest and co Recelved by Private Wire Direct to The Star Office. B it s B Gty N L oyl F X IN | H'l- .|- RN VER Unlted States Steel, stariing in where | hour were 145,100 shares. Joseph L Weller i, — -t ~Prev. 1930~ Stock and Sales Prev. e ol e day lore, ran up a st i ,‘,'; e T A sboy, | Hien. Low. Dividend Rate Add 00, Hish. Low. Close Close. gain of more than a point in the first A ; Dia Match nf (1,500 6 243 27 Hour, entirely shaking off the depress- RISk 2¥ e e b it 10% 6% Dome Mines (1). ... 10% 0% ing_effect of the lowered estimate of Individual sales compiled to noon—complete in 5: e | 10%700 el : b fourth quarter earnings, Shorts in Au- Deyber Also Retained as Sec- | whe" 12" pivitesd Rate. Add oo Hizh. Low. Cloce. Gios 87% Drus Cor 6w 8 oo |Traders Take Buying Side|bun Automobile A aiso were hard . Y s e L e e S Duponcae Nemict)s: . L e et Representative Wanted retary—Other Officials | &, i, AbrabamsStavss.... 2.2 e T a| as Market Resists Un- - = Are Named. fiu z: ;::::;‘- :H:::”A;y 12 - 22 - o e :\»‘]‘j'; ‘-‘,}”;_vs’ L S favorable News. REAL ESTATE LOANS T'here is an opportunity with a large Life Insurance fié.. - AhGmadWEeas, 4 3 ec ;\vn(:vh\le (6)... 13 B3w Made at Low Interest Rates Company for one man to sell a new plan of Life e painse il 166% 87% Air Reduction (141%) 7 51 9 99 A ceea . 3 3 1 i——— = iz 2 i ok g L Bk TR H : ; Trow &1 (Y 15 43 7 eSS o TYLER & RUTHERFORD Insurance. This plan has made it possible for our H. H. McKee, president of the Na R 6 Pow & Lt pt (7) ; A Special Dispatch to The Star. e tinen, and sariice men to earn a substantial income in their first year. - ' b, o = i = 4 P p 79% <t t jarly well loes husiness ties, r . N el e tional Capital Bank. was re-elected | 15's any 79 3 . 5 i NEW YORK, January 22.—Persuaded | | 12575.°8 o' Searss 1t o destredr o || If you can furnish reference, have sales ability with ghnirman_of the Washinglon Clearing | 84 % Alleg Corn .o Tow 9% 1 o | 6 0 Ofice Blds (212). 2 83 33 43 32 | not by anything in the news, but by the || 1520 K St. N.W. ~ National 0475 # Titisinese backEroun@rind: irerinteroMed fheyous B e |00kt 3714 Alleg ChasOWw s, 3 ; | € : g . action of the market itself, that the e M i 5 : = Victor B. Deyber, president of the| 96's 8414 Allex Cp$30xwite, ° 5 e e line of least resistance was upward, - OWnEuIERey TERME MEHDE S a and other qualifica- + e T S T i - e 27 Ixchange Buf (1%). . . prt:!cs:iondal specul::)m,st\lh: 1;;'1u':om1- Capital Wanted lrn;n. All replies will be treated strictly confiden- being Mr. Deyher's eighth year in this 16% Amerada Corp (2)... 39 315 sCopf.....2 3 1 M MGy o B S 1 tial. o o Rl bineiiemiliin ! " Am Agri Ch of Conn. Morse 1,60 23 3. 23 20 |took g side today. The re- for Expansion e Nationa [etropolitan Bank, who 51 4 ik e (13).. 3 5 8 9 3 od Lt r(3112).. 5 4 2 1 'S y " has served the association for many 60% Am Bank Note pf (3) 3 644 6 : 71y Fed Wat Sv A (2.4 : 551, | Stocks and special strength in those || pore "doing business elsewhere in ress. Hox , Star Office years as manager, was again placed in 30 Am Br Shoe 3 33 3 33 9 *ld Th ¥ 2 48 |issues which had been sold for shon{ a prime commodity. now earning this important office, and L. E. Moore, e /:’m RuowiEo s 1).. ] b i|account earlier in the month. I axer ?5]”‘?« - small ’ftflpflnl. can R e ™ Sitiatant | 1864 104% A Can (18)........ 117 . G1h 38 et NatStrs (303 3 G G| wiie sentiment was mixed and in- || T order Capital, | Low over- manager. ' b % Am Car & Fdy (6)... 5 324 3 317 3 sk Rubber........ . clined to extreme conservatism, it was head; stfong reserve; no indebt- The Executive Committee consists of [ 514 36 AmChicle (1) ... 21 . sk Ru - 410s pointed out in brokers' offices before || edness. Share in Sontrol and Frank J. Stryker, president of Co- adlilnns Ll % r Te . ) the openi: - management. Executive positions 2 . of 1 = it 4 F 9 95 L et . _ pening, and was stressed after the A_ R o . Iunpia Ratinal nink: € ¢ sacomer, | 8,8 AT Conlaln : - P e OF et o the || open Gronactoon ooorinty || Piprst Mor gashier of x;gxn‘r;éxux;‘ I Metropolitan; Skl “ s o 5 s w0 ket had exhibited an impressive indif- || 10 8ct Into & s, P gage OanS . . _pres o ; e (4.20 - 5 1 E ference to bad news, which seemed to e s E ie L. Starkey, 4615 Am Home Pr (4.20).. 3 P s 818 g b 3 3. § % Eris. ’ Riggs National, and George y e : : i o ! ; : | show that it had been sold out. i Address Box 112-J, Star Office On Improved Real Estate in the District of Columbia president of the ‘National Bank of ) i o g ok ol s A Lave aon Tl 8 iamewell Co (5 2 52 Rails Continue Strong. and Nearby Maryland and Virginia for 3, 5 or 10 and Mr. Starkey expired, both bein % Am La Fr & Foamite & 5 — Iinedia oly ekcil ta continue in omce, | 18% Am Locomotive (2). 34 Ge ; D e year terms on your The usual routine reports were pre- 68% Am Locomot pf (7).. 78 5 ¢ ExsicalSTEL th ile Ingt Douviof WeE Consider th i by Chalmann Mokes, Besrelaty 5 29% Am Mch & Fdy 1.40.4 35 5 . : 7 Lol g nesday's sessions, following publication 2 ONS e Deyber and Manager Bright. i 3 Am Mach & Metal.. ‘ Dalt (3)...L. 26 1 A H Office Build 3 o 9 ; 1315 Am Met & Min (1)... 2 B S . LSl 0 T WO y 30 | h h ome ice Buildi e e T e 3 i ; “e. .. cents a share, brought no additional | orenam T ng il [ 118 A Dow & LE (410, Lt : - ] selling into that stock this morning. e Apartment Business Property gt the snnual meeting of Asscciated | agw 15" AmRad & St San (1) : : . 38% 39 On the contrary, most of the time it Bulldlng etail Credit Men of Washington, held | 7, Am Roll Mill (n2)... 42 o . i 1 - oe 18 % | was a point or so higher, 3 yesterday, the Tollowing officers for, the | EhA Al Saritr RASIE ¢ 2 ec spec ¢ 11| " Every one knows what the December | ensuing_year elected ‘sident, 3715 Am Sm & Ref (4)... 3 ien Foed Corp (3). . 61 1 L 50's | railway earnings statements will show. ) o - . 2 Martin M. Watson, Dulin & Martin Co.. ST S e - A35P 188 3 Gen G & KIA (e30). 5 A ‘x| So far they have been uniformly un- for your offices RANDALL H. HAGNER & COMPANY vice president, Charles M. Keefer, S. : ' 5 3 : B . : '« 64% 634 | favorable in their comparison with the e Kann Sons Co.: secretary and treasurer, F 7 4 . M (a262).. 1 31N 1 I* | same month of 1920 and there is no | HE deeper you look into MORTGAGE LOAN CORRESPONDENT Stephen H. Talkes; general counsel, 2315 Am fle= 30t Ty P E; i e ol @ 5 |reason to expect anything different | the propos.tion the v ¥ g s o ted_to the | 86% Am k. E 3 i from zho.«lc still to come. Yet the buyers | more advan tageous New York Life Insurance Company e following were Te-electe e ¢ i dnalt tors (3 s : n the railway shares today, as on Wed- [l youwll find it—for here you board of directors: Leo Baum, Golden- e Sy jen 3 pt (5). 9 s | nesday, outnumbered the sellers. It all in Washing- i berg’s; Arthur Burt, Arthur Burt Shoe TT0% A BT & a1 (8 2 ; ; tdoor 2 . Bl 8 went fo confirm the belief that the :‘g", bgei?gg‘gi;“finfi:f*;}’,}ge 1321 Connecticut Ave. Decatur 3600 Co.; A. Coonin, William Hahn & Co.; 9815 Am Tobs = 8 (4).. 2 2 market was in a position to ignore the gt B A T Charles M. Keefer, S. Kann Sons Co.i R oo forul ied Sl . ; ) poor reports with which it will be con- ||| Puilding—designed with ex- Albert G. Keen, K'Illlll’;‘ !}“1"“" -HE 20 120 Am Tobacco pf () % MMt e fronted for three months or more. PP{i(‘n‘l’:d 1 ca { e; dcfl‘;“l]tped Lee, Frank R. Jelleff, Inc; Harry D oaes £ (6) 508 o i e latest an in Ostermayer, Woodward & _ Lothrop: o Wil L 06 6 L N - MLy Bena f Paxly Nesdliy, :Qrv‘m:': feature: i3 . Herbert J. Rich, B. Rich's Sons en b o 2 W 3).n r 5 5 ractories ( 3 cllowing & hesitant opening, in 1 ° Stein, Grosner's; Stephen H. Talkes, J. R 516 Gon Theater Bauip. - 214 > which prices were - practically un- O e o adprt ationa etropolitan Ba W. Tallentire, the Hecht Co.. Martin e ot - il 4 te Saf Raz (4). an 241, 23% | changed from the preceding close, the | || SPace to your specific re- ¢ M. Watson, Dulin & Martin Co., and B Aozl Tond i o . ette Saf . a6 55 63% | market developed a considerable show quirements — and yourself 1814—Oldest Nati i " s Adolph Weyl, Lansburgh & Bro. e A NGt e g . g i : of strength. The rails assumed. the ||| and your office force will en- est National Bank in the District of Columbia—1931 i gcn]am 1Bla?kg1’q'mfe”d§x h:;::ersI 108 Andes Copper (1), 3 1 E 38 5 0 0 0 "5?.«‘3555532; as they had done on y;{y éh; ideal environment 15th St 5 Oppoli(e U.S Tremury nd controller o rles Schwi | 44 i H p 6 . affor 3 » . 9 Son, jewelers, was also elected to the| T S e L : g , . . E Chesapeake & Ohio was particularly | o 7 S AR board. 23, Armour of 111 A 3 ' rerf i s > % HgEh et _ s 251 Armonr of % E 3 B ) 4 " 2 ss0 App b 1 Room 52 triet Bankers’ Association to be held at Ll A ; > : First M L Room 520, g the Willard Hotel next Monday eve- 2468 AL To A8 Fe (18)L 5 5 6 G s v 6 35 irst Mortgage Loan There is prestige to ning, when David Priday, economist| 17 95% AtlCoast Line (110). et K B L ¢ i - tenancy in the Shore- e e guest speaker. | “eot (g™ At1Guif& W IDf (5) 2 2 5 x Mo el Applicat | Kaine Builih —when draw K r. Friday is an unusually fine speaker e g g 2 WD) h)ers 4 9 ppl1 ons am uilding. rawn on such a < ; ) 16% Atl Refining (+2) ¢+ North pt (5 : and will have & good deal to say about | e R huts i, rth pt (5) bank as this, means more robable bank profits during the coming | 267 0 uto - : - 2 ; 2 204 | . | §Fear. The Washington economist will| 9% 2% Aviation Corp of Del 3 E < : 9% 9 N9 Invited at | M£KEEVER&GOSSI: than evidence of good S0 take up several other problems of 19% Baldwin Loco (1%). 2y 224 22 224 ; ; | e ’ . special interest to the banking profes- 84 Paldwin Loco pf (7). 9 9 i . B 2 201 Representative of the Owners standing: It carries the s & lighter feature on the program 70% Balto & P! ; SN e A Ay : | 4 n President M. D. Rosenberg of the Bank 106! Bang & Aroos pf ¢ b HE e, S iy ; 3 (o) Rental Office, Room 520 B Wi haiarin sl of Commerce & Savings will give his| ? #% Barnsdall (A) (1). ] : s S B e o 4 2 15th at H £ ¥ o impressions of business and finance in 23 Bavuk Cigar (3). 3 K 5 Harb Wal S and most historic nation- South America as he observed condi- 62 Beatrice Cream (4).. s Mayes Bol 3 4 National 35643 tions on his recent trip. 101'% Beatrice Cr pf (7). o e At 2 . 2% < al bank. These open Midwinter meetings have | 46% Beech-Nut Pkg (3) G : Houdaille He Gl & Flath come to be a feature in the Bankers 2'% Belding-Hemingwa. 2 2 4t Household Pin pe 6 over ather s s e = ey 3(7 S e Association program and are drawing| £5 70 BelX T ARHE : e © on Savings a larger and larger representation each| 57 % Bendix Aviation (1). 1 9 ‘ o . S 7 year. It is just & year ago that Dr. % 80% Best& Co(2).... 4 AL ".‘17”“'” 24 3 1508 H St. N.W. | The Guaranteeing Irving Fisher of Yale addressed local 47% Bethlehem Steel (6). Hud & Man Ry (3 b o Trade Mark Satisfaction bankers on “The New York Stock Mar-| 134 112% Bethlehem St pf (7). 2 < et National 1753 ket.” It is hoped that Dr. Friday’s ad- 23 Blaw-Knox (13).... 2 g | 8 CA ke 2 : dress will not be accompanied by quite 15% Bohn Alum & Br 1% A sf 2 e s - St i as much market action as punctuated | 5 1 Booth Fisheries Tinois Centr 3 5 - - | urgis Dr, Fisher's remarks. 60'% Borden Co (k3). 9 ;'H:’vl!l .‘\"""V Cycle,. 3 3 a | & 5 Borg, Warner (1).... % 2 2 ndian Refining..... P ha Rosslyn Steel Election. 1o% Brigss Mf (11.62% Indian Refin .- 3 osture Chairs Apartment House At the annual meeting of the Ross- | 8 13 Brockway Motpf.... z ersoll T 76 o o o7 Ve DIAHA Etesl (05, os- ; . Fit the Fo ia.siec & Cemen, Co the Jollowin | T8 BB B ente ot b o B e e A Speclal Fund¢ . < MANAGEMENT ¥ PROPERTY MANAGEMENT R.'A. Drain, C. Emory Galliher, C. 98% Bkiyn Union Gas (5) 3 Insctfs (Md) (60c). Galliher, W. G. Galliher, W. C. Kiesler, 33% Brown Shoe (3) 3515 32 3 7 1% Interlake Tron (1), Arthur J. Linn and Malcolm S. Mc-| 3 10 Bruns-Balk-Col F t Agricultural 2 By 7 3 3 Conihe. B'% Bruns Ter & Ry S. 9 9 Rus Mac 5" i1 The new board organized immediate- | 3 11% Bucyrus (1).. f % g it Carrier 2 ] 8 s ly.’electing R. A. Drain president, P.R. 21 Bucyrusevpf ( 2 2 4 2 3 Int Cement ( radle o5 5 9 : OUR service in the manage- Bajley, vice president; W. G. Galliher, 107% Bueyruspf (1)...... Int Comb : treasurer, and Arthur J. Linn, sec- 3 Budd (K G) Mf] 5% 45k Int Ha . 5 p = s d retary. 6% Budd Wheel (1).... B 61 1t Hary x b 5 5, TI'o loan on im- ment of apartment houses VP 9% Bullard Co. . d 3 6 t Hyvdro G B 3%, | : < ' : ! S & Boom in Granite Forecast. B e oot il (B 92 e ter e : Sl i proved D. C. Real | "8 is directed to an-increase of Building _activities of the Federal 18% Bur Add Mch (11%). 2 bt Hill M eto Mt 4 4 : Bt i sumaia 1 Gayernment, in the next few months 21% Bush Terminal (2%) 5 Int Nick of Can (1), i ‘state, in sums to will “boom” the granite quarries in- 1% Butte Copper & Zinc. Int Paper p 3 3 suit. dustry, J. D. Sargent of Mount Airy B Perior. .. .. v ) 3% Int P 0w B. . 5 5 5 5 | s y g y » Butte Superior . t ¢ P 54| " expense and maximum rentals. N. C., declared at the Hotel Mayflower S8 BRI - s 1 Int T - before the annual convention of the| = L A (O 5 r e ; a51s P 3 National Building Granite Quarries As— e e isaras. 3 y 9 Y t Amer, . 1008 3 We render experienced soclation. Several promotional cam- b 2 Sl 1 nE by 3 3 | I i N : A palgns to arouse the interest of the | 33 T% Catum . : : " ; Int Shoe 3 vk . country in granite building construc- | 3 10" Cempbell Waant 13) - 1 7 it : | INC. service. tion are to be furthered at the meet- MAORnIIN Doy G (0 s . r Dept S % | 2 oy . ing, which will continue through FPri- SRR TR E A o 9 2 Y. " 6 6 730 17th St 161 Cannon Mills (1.60) 9 9 9 . B = day. Practically all of the large op- | o | 1 ) 2 gt 29 erators are present for the convention. o oed L gy ERE : 6 1 # “The Association of Paving Con- it 824 A T i 1 hns-A 3y.. 21 62 : 6 B- Fo A L O tractors, which always meets concur- Case (J 1) pf (7) s 113 1] 3 Johns-Ma 3 . y 4 | 4} ' l ‘ % Behily i the gaihering of ihe | 10 22 Catermlnmicil 4 al 1 v S0 ; ; ) T, e ol Somtortanle position at onts | : i erators ot ay in - ey " 2 : K 1 [ . clency. s tkias A Butmber of the 3 CelotexCo....c.s:.o ; 6 | 5 o N Starkis True-Posture Chairs are the 925 15th St. N.W. Nat’l 2100 persons here belong to both groups, '3 18 Cent Aguirre As13;. 22 : 2 Kelvinator 9% 9 7 A it of a sclentific stuay of posture 2s their business interests are similar. | 9 51 « '.“'.1“]‘“‘”1‘ pre7)..2008 ¢ 2 Kenne t Cc i 5 " 241 7 - ‘C:"ll:r that ,,'”sd“"‘: :O‘RM 'a chair ] 21 Cer de Pas Cop 2 S Ainie Ny pf (8).1408 68 : v \ at may be adjusted to any one's 3 Transacts Business by Plane. | 15% 2 Certain-teed Prod % 1 3% i ? d ediirement 1 30 seconds, without MORTGAGE LOANS Joseph Sanders, one of the vice presi 6 14% Checker Cab (1.80).. 21 19 263 26 Kresge (SS) Co160. 8 P 2610 26 g Built for limitiess service — steel dents of the Bank of Commerce & Sa 1 3, Ches & Ohlo (23)... # i i sze (SS) pf (7)., 108 gnd malleable iron —du_Pont Duco ings. took another business trip to New % Chesapeake &Toll(1.60). 38 R " and Olive Green—seats covered in York yesterday by airplane. He has % Chi & Alton GrockBak(1) 15 2 2 Biie OF‘Brown” Spanien leather over X L , 2 BT IRY iaken several s trips and 1s beieved 2% O Great Went bf. o PP pnaee “Price, $19.50 Pl frleieslefaedndrd o e loct e ¢ 5 v s ’ employ this method of transportation o i o Nt Xl rice, 5 regularly in ness. He enjoys e EL & Mot ety i 'l"" N .":*‘"“ o May We Send You One or More fiying and saves a ot of time. . it llel . i \\| repayment plan. R on Approval? O ot o e 3| 15, S0 i Yolom Sk L 10 gotitl £ 8 MR R Anti-Freeze for Assety share as against $4.74 a share in 1929, 1 3213 107 COhiceatna o oo " 52 o R =5 computed on the same number of | e g b p Maryland Personal Bankers, PRODUCING STATIONERS . shares. The earnings of this road are| yra City Toe & B (k3.80) . C. DIDE ST M- W showing up better than railroads gen- | Jee & F pf (8% « T84 787 Lo0se-\\ [ 5 V| N 105 Gograin Are; Sliver Sprins. Ma. WASHINGTON -D-C OLD comfort these days for inves- The meeting of organization of the 1515 Clark Equipment ( w1 Ve e &1 aol 21 I, WE VYRS X St BuAinosst :(o):e:i(;nti)“ ;'}:tht‘_he::yl:‘?;:;?f Departmental Bank’s board also oc- 5 91 C Peahdy pf (7) 108 re-election of all following officers: | "pos. 481, (oo 3 5 P . Pk 7 will be valuable . . . will be paying them curred vesterdey and resulted in the | ¢ 1Em gl 1 J. T. Exnicios S > Reed, | 44 Colgate-Ps Sig). 5 Gra Gyl y Sl Ete g ¥ W, Libbes e presi-| | o A . ey assachusetts e i N N income through a decrease of e armSense » dents; L. A. Rosa a . | 7 Colo Fuel & Iron (1), 915 Meke (FA%)s well ... L. Wallace, R. R 1, assistant cash- ColGmaaBL(@) ..o 27 35k o : 91 2o MeKes& Rpc ) 1 g1 : CONFI DE N CE Investors Directors of the Washington Loan & | 3 phoph (a%). 10 ‘ 5904 Macy & Co (n13). ... T Sad cos b Trust Co. have declared the regular| 199 i lumbian Carb (16) 16 3 9% AN Gerden (4o« . : ) I'rust }n the future of uutrxudlwu{rmu, there g per ce baond‘ ; lcreatt 2). - o 5 Magma Copper (3).. 22 3 2 The growing confidence shown is always that great big “if”—that is Xtr v per cent, th ¢ fle Come red 1s! Y . . % M " Co P Ry : . = R f,:).;;;pa].,b, 2 R cEnolakr of | )%y Comel Credit A (3).. 1 35% 38 25 & i % bl : 5 P }’n”v "t“’e“_'l’,”’ 't". 7:“"‘““““; why wise investors steer clear of the record J: 24. Books will be closed | : Comel Cred pf B (2).1108 Y Man Elev mod g 17 3 3 estors 1rust is demonstrates g iv 3 from the twenty-fourth to the second,| 21% Comel In Tr (1.60). 2 260 26 | anhat Shi ; 5 : f in this twelve-day record. speculative Wall Street market—place sty ! 80 Comel LT cv pf (e6). 3 2 . their funds only in sound, nen-fluctuat. loews. Inc., declared regular quar-| “omet § ts (11). 171 5 3 A ine AL = e L Shares purchased 12 days 1931 12 days 1930 t Hieenly iR - terly dividend of $1.62'. a share on the \ ou (Bc). 24 Y 9 4% Marmor ‘ar. . 3 by Investors 1,97 - ing securities they KNOW will pay a preferred stock payable F y 16 to oupf (6) 2 8 3 Marshall 4 ) . ¥ 21,976 3,707 i Stock of record January 30. | AR : ) artin Parr S Nearly six times as many shares were bought steady interest return— Stonier to Address Bankers. | R A 10s 2w ot o B e e A b i A i S e First Mortgage' Notes sold 80 bankers are expected at the | 69 3 5 Maytag Co 15t pf (6) 6 7 same period of last year. Ten thousand investors 0 9 education dinner tonight at| 2 “ousol Film (2) .. E . 2 5 Meiville Shoe (2).... 2 30 30 3 now hold over half a million shares of this trust. through the Swartzell, Rheem & Hensey udi M. Perley, chal “3.\’\"; G Contol GRAN Y.(4) .. (4B . | o e S ; 2814 An ever-increasing number of investors are realizing Company have for more than 61 years dent; Dean Raymond B. Dickey, J. Pred | 105 Con Gasof XY pI¢ : e 1031 1034 | 3 esican Seaboard ' 215 154 . that Massachusetts Investors Trust offers a most conven- paid every investor unfailingly his reg- L;?,;i;ilw. "ehi 'th‘(’,‘fiii:xrmf;r‘ ‘é-’:’.?;':‘ i S s 8 I 5 % 2 ; ient ::utlwd of purchasing in one investment, and at ular 6% interest return . . . and in all Farnham. instructor in debate, and Dr. | ! A 6 24 by 24 A y S 4% 45U 4f today’s low prices, a participation in the growth and that time these Notes have never 'wav- Harold Stonicr, national educational| 7 2 C i i (L S ML ; . earning power of approximately 140 outstandi - ; director. . Aubrey Dooley, educational | 947 Cont] Baking pf (8. 8 5 Minn & St TR possbiy vttt o e §anineen ered a penny’s worth in value. - | chairman, will preside - e 5 b - 4y i . 7 3 & X chairman, Wil pieside : ! Cont Dia Fibs 2 Mo Kan & > 3 : Price at market, around 34, based 3 3 Slump in Local Insurance. i 5 ::V::::;u::;;.m f ’ M w2 i v on met asset value of securities. No wonder First Mortgage Notes today New insurance written in the Dis- 2 Mohawk Carpet 1 6 are recognized everywhere as the high- triet of Columbia in December showed | 5 . o g 6 8% Monsanto Ch t # fe i b1 est paying safe investment! Efluldfid AND PANY/ INC.. D o o e f ot | 1IN 85 CuraProd UML) w g e oceolt & o (A3 [nvesTment Bankers SWARTZEL'-Q 18v A.S. Goulden & Co., Inc., Woodward Building, Washington, D. C. p .1 EE & H ENSE‘ CO. ing to reports today from Hartford, | 3 515 Cream of Wht (1 P 2 Mother Lode. Conn. The country as a whole showed | 23 + Crosley Radio. .. ... " 2 Motor Products ( a decline of 13 per cent | 18 4% Crown Zeilerback... 6 6 E ‘Motor Wheel Delaware, Maine, Connecticut, New [ 19i3 215 CubaCo.... e 53'% Munsi Jersey, Wyoming and Massachusetts 38 Cuba R IR R At 254 Murray Corp 7| Youmay send a copy of the lisc of secutities owned by Massachusecs MORTGAGE BANKERS 32 investol g Tt e Rl S e s 6| & Nat Cash Reg A (3). R L i 727 15 STREET N.W. Mergenthaler closed 89, Merchants' 10 Davison Chemical. .. 291 Nat Dist Prod (2)... 24 26 244 - . W, ¥ Transfer & Storage common sold at 100 | 181 1304 Delaware & Hud (9). 18915 1 Nat Lead (5)...... 1i%is 120 1200 ] Address ol 4 -\ ASHINGTON D-. and 50 shares of Carpel Corporetion at' 153 695 Del Lack & Wn (6).. 9 0% 144 it Nat Lead pf A (7)... 105 140 140 140 140% were the only States ahead of the Dis- 2 Cuban-Amer Sugar a4 S kit ) triet of Columbia and the only ones 25 Cuban s 3 il n® o A tiTiing Pl 22 and 50 more at 21%. Bonds were 50 2§% Denver & RG W pf. » 34 it -t i ey B SEERERIN X by Diamond Match. 3 : 2o (Continued on Page 14 ool adeoiies Sosfesdaadeofraloidrdoidnd & . : ! e : 0 do more business in December, 1930, 38y Cudahy Packing (4). 3 2 3 20 Nat Belia Hess than in December, 1929. Delaware | 12 112 Curtis Publish pf (7) 82 31, Nat Bella H pf headed the list with a 14 per cent gain % 1% Curtiss Wright Corp 1 3 4 93 68n Nat Biscult (2.80) and Mississippi stood at the bottom with | 19 3 Curtiss Wr Corp A, . 5 Sl gai t Cash Rez A (3). o wuBlaloarl Jevan~ 9