Evening Star Newspaper, March 11, 1931, Page 13

NORTH AERGA 0 HAS SUS3 T Deorease of 50 Cents a Share| Over 1929 Shown in 1930 Report. l‘Y‘ EDWARD C. STONE. The North American Co. today re- ported net income in 1930 of $4.53 on common’ stock tompared with by i Nibil The business: of the company during 1930 maintained an ‘“enviable equilib. RN Dflfl! resident, says in . “No n;nenn nter- cnmp- wth oc- curred m that period. R Mr. que says: that the eompany’s Dollcy paying common stock divi- ds In common stock will be con- nnued About ‘86 per cent-of the com- pany's consolidated net income from operations was derived from . electric current. The output of electric current of the North American Subsidiaries in- creased 237 and 5.05 per cent, respec- tively, during the first and second quar- ters over the corresponding peri 1920. ‘The third and fourth quarters showed respective declines of 2.63 and 3.90 per cent. Consumption of elec- tricity by l"f‘ power consumers was 3.19 per cent less in 1930 than in 1929. ‘The balance of net income available for dividends, as previously disclosed in liminary report, amounted to 119, an increase of $18,205 over 192! After deducting preferred divi- dends totaling $1,820.034 the net income ‘was equivalent to $4.53 a common share on the a number of shares out- standing compared with $5.03 a common share on & smaller number in 1929. ‘Common lends amounting to $5- 947,487.25 were paid in 1930 by the issu- ance of 594,748 20-40 common shares, capitalized at $10 a share. Elected Storage Co. Director. Charles S. Baker, a Washington at- , Was yesterday added to the of the Federal Storage Co. Mr. Baker served as assistant United States , Wl e Baker . !ohlmembero(thechovy Chase Club and the University Club, also & member of the Board of Trade, Chamber of Commerce, American Le- glon, Temple Noyes Lodge of Free and Accepted Masons and the Columbia Historical Soclety. Mr. Baker served in the Unlt,cd States naval aviation service during the World ‘War, having t.hn rank of lieutenant, senior grade, when he was disc] !n Febraury, 1910 Re:,em.ly hfm'?’“"i a special appointment as a lieutenant commander in the Naval Reserve. He attended Western High School and was luated from Cornell University in nll. of lill M member- of ternity. He ol M. A, at Colum- 1912 and _the degree LL B. from George Washington University in 1914. At the same meeting the directors y declared the According to the circular '.h lu:in: on the market ot u 500, go Suburban- Cos. 513 per tent collateral gold bonds, the indenture under which they are to be issued wi provide for the issuance of & maxim of $8,500,000, of which the above sum is now being offered, and “an additional’ $2,000,000 principal amount thereof to be issuable against the intitial collat- eral in accordance with the terms of the indenture " This means that after the present offering has been disposed of the hold- ing.company can, if increased earnings permit such action, place the additional $2,000,000 on the market. The addi- tional issue would have the same se- curity, that is, 8¢ per cent of the com- mon stock of the Washington Gas Light Co., all the capitalizations of the Alex- andria Gas Co. and the Washington Suburban Gas Co., which serves nearby sections of Maryland. m capitalization of the Washington and suburban companies is of general interest to the financial public. this, the announcement made connection with the $6,500,000 bond issue says: “Washington and suburban com- panies, after giving effect to the pres- ent financing and transactions in con- nection therewith, will have the fol- shares and funded debt out- sta; : Common shares (no par value), 171,188 shares; $6 cumulative preferred shares (no par value), 70,000 shares; 5! per cent collateral trust gulfl bonds, due 1941 (this issue), $6,- “In addition there are $15,115,752 bonds, notes and minority common stocks of the operating companies out- stand] in the hands of the public, taking common stocks at their par value. The announcement today that the Central Public Service Corporation of Chicago is the real power back of the Washington & Suburban Companies erphlm why the Continental Bank & Trust Co. is trustee for the new bond issue instead of some New York bank- ing institution. It had been rumored for a long time that the Chicago firm was after control of gas interests in dmelnll ::.mwry but the report was always Plan to Expand Bus Service. At the monthly meeting of Tide Water Lines, Inc., held here yesterday after- noon, the directors unanimously decided to apply to the Public Service Commis- sion of Virginia for a franchise to oper- ate busses over the Virginia highway from Colonial Beach to Williamsburg, Va. The company's present lines run from Washington to Southern Mary- land. and it is planned to establish the interstate route from Wl!htnron to Morgantown, Md., thence by ferry to Colonial Beach and over the historic highway to Willlamsburg by way of Yorktown. Maurice Otterback, president of the Anacostia Bank, is one of the officials of the company. Today’s Trading on D. C. Exchange. The Washington stock market session opened today with two $1,000 sales in ac Electric Consolidated 5s at 103'4. Two $1,000 sales in Washington On bl wen next recorded at 104 and T sales were two $500 sales n .Y?’unmmn Railway & Electric 48 a Ten ‘shares of Capital Trifetion stock s0ld at 36',, 10 of Potomac Electric Power 5'; per cent preferred came out at 109%, and the same number of Mer- genthaler Linotype moved at 8614, ex- ‘The market closed with small sales in Columbia Sand & Gravel pre- ferred at 97, the recent advance in this stock belng due fo the change in owner- ship of the company. New Short-Term Loan Mark. Short-term loans to foreigners dur- 1930 reached record-breaking heights, according to the annual report on the international movement of ahort term capital, made public by the Department of Commerce. The record of short-term capital ,000, as compared with THE EVENING STAR, NEW YORK STOCK EXCHANGE Recelved by Private Wire Direct to The Star Office. Bases— Aum‘luh. Low. clau. olm Low. 9 Abitibi Pow & Paper 2 11% 11k 39 Abitibi P& P pt (6. 2 4BW 46% 16% Adams Exp (1.60 834 Adams Exp pf (5 21% Addressogr Co 1.40.. 2% Advarce Rumley.... 11% Advance Rumley pf. . % Ahumada Lead...... 921 Alr Reduction (14%) 7% Afr Way Elec Appl. . 7 Alaska Junean (40c) 108 6% Albany Wrap Paper. 1 7% Alle Corp. . 45 39% Alleg Cp $40 ww 6%. 1 182% 149 Allled Ch & Dye (n6) 210 148% 124% 122 Allled Ch&Dof (T). 1 l;su lgh 81 32% Allia Chalmern (8).. 3 15 Alpha Port Cmt (2). 17% 1 Amal Leather...... 24 17% Amerada Corp (2 18% 20 Am Agri Ch of Del 244 214 Am Beet'Sugar, . 4 4 8 Am Beet Sugar pf... 80 11% 32 Am BrShoe (2 40).. 85 8% Am Brown Bov Eleo. 129% 106% Am Can (+6).... 3 27 Am Car & Fdry (3).. 74% Am Car & Fdy pf (1) 29% Am Chain (8). 381 Am Chicle (13) Am Comel Aleol Am Europe: 31 Am Mch & Fdy 1.40. 16% Am Metal Co. 2244 Am Nat Ga 50 Am News (13%) 45 Am Pow & Lt (31 94% Am Pow & Lt pf (8 80 AmP&Lpf A st (5) 16% Am Rad & St San (1) 86 261 Am Rolling Mills. .. 57 Am Safety Razor (5) 40% Am Bm & Ref (4) 37 AmSnuff (13%). 6% Am Solv & Chem Df. 25 Am Bteel Fdy (3) 37 Am Stores (123%) 42% Am Sugar Ref (5), & Am Sumatra Tob 15% Am Tel & Cable (5) 176% Am Tel & Tel 124% Am Tobacco pt (8 Am Type Fdy of (7). lo 53% Am Water Wks 544 Am Wat Wks cts 6% Am Woolen 21 Am Wool "2 Am Writ Paper etfs. 4% Am Zino Lead & Sm. 26 Am Zine & Lead pf. . 29% Anaconda Cop (2%). 179 89% Anchor Cap pf (6%). 13% Andes Copper (1)... 16% Archer-Dan-M (2 2% Armour of Il A 2 Armourof Il B 25 Armour of Il pf. “83 Artloom Cp pf (7 102'% Atch T &S Fepf ll) 105 Atl Coast Lii 11 18 Atlantic Refining (!) 2 8% Atlas Stores (n1)... 101% Auburn Aute (f4)... 1 1 Autosales. 1 2 3 1 1 1 . 2 3 0 1 4 3 1 2% Autosales pf. 208 3 Aviation Corp of Del 20 20% Baldwin Loco (1%). 6 88% Baldwin Loco pf (7) lOl . 881 Balto & Ohio (7). 72% Balto & Ohlo pf (4).. Bamberger pf (634). lWl - Bel N Rv ptpf +6.51 16% Bendix Aviation (1) !l‘ C um nomn -m st »f(T). 24 Blaw-Knox (1%)... 20% Bohn Alum & Br1%. 67% Borden Co (k3)..... 20% Borg, Warner (1),,.. 164 Briggs Mf (11.62%4). 1614 Briggs & Strat (2).. 58% Bkiyn-Man Tr (4).., 103 Bklyn Union Gas (5) 32% Brown Shoe (3).:... 104 Bruns-Balk-Col..... 144 Bucyrus (1).......0 26 Bucyrusovpf (2%). 4 Budd (EG) Mfg.... 9 Budd Wheel (1) 11% Buliard Co... 11% Bulova Watch (1%). 5 Burns BrosB.. 21% Burroughs A M 113" 100% Bush Term deb (7). 10 12% Butterick Co. 19 37% Byers (A M). 99% Byers (A M) pf (T).. 42% Calif Packing (4) % Callahan Zine & Ld 36% Calumet & Arisona. 17% Cannon Mills (1 0). 9% Capital Admin A. 30 Cap AdminpfA (3). 98 Car Clin & O nta (5). lM (J1)(8)..una. r Trae (“) 3014 Chen & Ohfo (2%)... 40 Chesapeake Corp (3) 9 Chi M1l St P& P pf 23 Chi & Northwest (4) 9% Chi Pneu Tool . 28% Chi Pneu Tool pf. 474 ChiR14& Pacific (6). 94 ChiR1& Pacpf (7). 10% Chickasha Cotton O1} 26 Chile Copper (2).... 30s 16% Chrysler Corp (1)... 226 174 City Ice & F M (IV.) 100- 2% City Stores. » - -»aud.—-nab-!lug-—-g.. 334 Col Gas & El (). 100% Col Gas & El pf A (6) 7% Col Graphoph (a% ) 73% Columbian Carb ( 184 Comel Credit (2) 764 Comel Cred 18t 26 Comm Inv Trusi 82 Comel I T cv pf 108% Comcl Inv Tr pt ( 15 Comm Solvents (1) Consol Cig prpf 6 9% Consol Film (2) 15% Consol Fiim pf (2).. 8244 Consol Gas N ¥ (4). 101% Con Gasof NY pf(§) 4 Consol Tettile. ... 6 Container Corp (A) 2 Container B, . 17% Cont! Baking A 24 Contl Baking B 674 Contl Baking of (3). 47 ContlCen (24)..... 1014 Contl Dia Fibre (1).. Contl Insur (2.40)... 100 168 Ingersoll Rand (16). % 145% Int Bus Mach (n).. 2 Diamond Mtch pf Dome Mines (1) o ~Smm oS nm Du P de N deb pf (8) Duques Lt 1st pf (5) m rn Roll Mills... man Kodak (18) !:num Axle (1.60 Eitington-Schild Elee Pow & Lt pf (7) Elec Stor Bat (5).... Endicott-John pf (1) Eng Pub 8v (2.40)... Erle RR...... Erie RR 1st pf (4)... Eureka Vae Cleaner., Fairbanks Co pf. Fed Wat 8v A (3. Fid Ph Fire In (2.60) Firest T & R pf (6) First Nat Strs (2%). Fisk Rubber.... Fisk Rub 1stpfev... Florsheim Sh A (3).. Foster Wheeler (2) Foundation Co. Fourth Nat Inv Fox Film A (4).. 99 Frank Simon pf (7). 508 Freeport, Tex (4) 1 GabrielCoA..... Gamewell Co (5) Gardner Motor. Gen Am Investor: Gen Am Tank Car(4) Gen Asphalt (3)... - 951 TOTUTRIIR - P AT Se g GenGa&Rlcvpf(8). Gen Mills pt (6). Gen Motors (3).. Motors pf (5). Gen Pub Sv b6 % stk. Gen Realty & Util Gen R & Ut pf (of).. Gen Refractories (4) Gill 3 Giliette Saf R pf (5). Gimbel Bros. ..:.... 4 5 pf 38% Goodyear Tire (5). 81 Goodyasar 1st pf (1) 4% Gotham Silk Hoster 4% Gould Coupler. 3% Graham-Paig = TP NP IO 1911 V- PRV 85% Grt West Bug of (7). 2% Grigsby Grunow. 18% Gulf States Steel. 6% Hahn Dept Stores. 16% Hall (WF) Pr Co 13) 89% Hannapf (T)........ 9 Hartman Corp (A).. 3% Hartman Corp (B).. 3% Hayes Body . . 87 Hershey Choe (5) 93 Hersh Choe of (15) 5% Hollander Sons. . 4% Houdaille Hershey.. 59 Household Fin pf (4) 85% Houston OI1. 8% Houston Ol (new). . 21 Howe Sound (4).... 18% Hudson Motor (1) 7% Hupp Moters....... 60% Illinots Central (7). 0 NeBeaaananne Bl 7% Inspiration Copper.. 6% Insur 8hrs Md(40c). 24% Interb Rap Transit,, 9% Interiake Iron (80c). 34 Int Agricultural. ... LIPS TIPS 9% Int Carriers (26¢)... 49% Int Cement (4)...... 1% Int Combustion 48 Iot Harvester INA). 21% Int Hydro E1 A (e2). 55 Int Match pf (4).... 15% Int Mere Marine (2). 13% Int Nickal (80e), ... 6% Int Paper & Pow A.. 2% It Pape s 26 xnhvar of (1) 11 Int Printing Ink. .. 374 Int Salt (3). 47 IntShoe (3 38% Int Stive ~ZeE 27 Isiand Cr Coal (4) 39% Jewel Tea (4). . 119% Jones & Laug pf (7). 52% Johns-Manville (3. % Jordan Motor Car. 5% Karstadt(R) (a1.03). 164 Kayser Julius (2%). 4‘ 1% Kelly-Bpring Tire. .. 86 Kelly-Spr T 6% pf.. !fll 9% Kelly-Spr T 8% pf.. 160s 21% Kelsey Hayes (2) 8% Kelvinator Corp. 22% Kennecott Cop (2 38% Kimberly Clark 5% . 51 Kinney (G R) pf (8 % Kolster Radlo. . % Kol 25 20% Kreuger &T (a1.60). 18 Kroger Groc&Baki1) 774 Lambert Co (8 11% Lib Ow Ford Glass.. 83 LiTe & Myers B (15) 23% Lima Locomot (m2). 41% Liquid Carbonic (4) FSTOISOINES 1 JUTOPY - S 8% Louisiana Ofl. 27 LouG&EA ( 90% Louls & Nash 11 Ludlum 8 19 MacAn & For (2.60). 3¢ McCrory A (2). 16 McCrory pf (§ . 71% McKeespt Tin P(15). 18 McKesson & Rob (1) 81 McKes&Rob pf(3%) 7 MeLellan Stores. 385% Mack Trucks (4). 88 Macy & Co (nt3). 6 Mad 8q Garden (80¢) 20% Magma Copper (2). 325 Man Elev mod £ (86) 19% Marine Mid (1.30) 16 Market 8t Ry pr pf. ., 23% Marshall Fleld (234) 23% Mathieson Alkall (2) 20% May Dept Strs (2%). 16% Maytag Co pf (3) wanBale 8 = P NN I R T Senal 40 Minn Moline pf (6%) 42% MSP & SSM Isd (4) Mo Kan & Tex (a3) WASHINGTON, D. C, 147 188 22% 25% 11% 21% 3% % t q-nuq'“-: o g’. Bf.mu X3 éolfifm'fll ‘afia‘ 1 STOCKS IRREGULAR |-—ve = (ON LIGHT TURNOVER . Close. % 214 %|Market Hardens When Trad- ing Volume Decreases % on Reaction. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, March 11.—Altl some unsettlement followed the cut in the New York Central dividend, toddy's stock market showed impressive re- siliency. Opening prices were irregu- larly lower but volume fell off on the reaction and before noon the list was advaneing. The most important negs of the day. was the reduction in New York Central’s dividend from an $8 to a $6 annual basis, announced before trading on the exchange was an hour old. It been argued in some quarters that th' Central's directors would hardly float & large bond issue one day and _cut the disbursement to stockholders the next, but they did that very thing. New York Central stock had opened at 11913, up nearly 2 points from the preceding close, and sold off on the reduction in the rate four or five points from the initial price, but only two or three points down from Tue-dny'l close. Other raflroad stocks weakened, including Union Pacific, off at one time 6 points, and Baltimore & Ohio off over 2 points, and yet the volume of offer- ings was never large and rallies from the low point were the rule. ‘The temporary weakness in the rails into the industrials, but absorbed. In fact, the feature of the trading was the way in which the list held up in the face o( the unfavorable rallway sltull* testified to the extraordinary rgn‘ of thu underlying position, emphasized the stock exchange compilation showing that the ratio of brokers’ loans to the total market value of all listed stocks as of March 1 was at a record Jow point. There is no important source of mpply from which stocks might come to break the market, unless and until there is a greater business re- cession than now appears probable. Other weak spots besides the rails in the early session included the copper shares and Allied Chemical, which had broken so badly in the last half hour Tuesday. Allied Chemical made another new low today, and the leading copper were freely supplied.on the vnk ness in the metal. The steel trade re. views were mildly optimistic, but UnlM States Steel was heavy. On the other hand, the utilities met strong support on the decline and re- covered a good part of 's loss. Bpechl nrennh ‘was shown by Gas and the Imkl associated 'l!h it in the proposed Eastern seaboard tion. American Can held firm- wuyboe-unu(u\ehmmmln- m outstanding and rnly because of expectations 0( dividend. An- other flurry in fhe rubber stocks at- tracted nwnmm Strength in United Btates Rubber contrasted strikingly with m lhmn in the annual report. et turned downward after “"Deaple reporia of in of activit) ln thg s creasing A munuon by a analysis' showing net roldl in. January, s ufl over SI United sum Bleel erM to 1447%, wflavnnpolm.butthmmvuedun of the loss. New Central riy 2 Doints higher At the start, but a point of that while the mar- ket/ awaited the setion of directars on the dividend rate.’ There was renewed tion when the New York Central cuts its dividend rate from an $8 an- nual basis to $6. During the first half hour trading amounted to 300,000 shares against 500,000 in the same pe- riod Thesday. Call money renewed at 2 per cant unthanged STATRMENT S THE CONDITION State Murtual Life Assurance Company of Woreester, Mass mended June h in office. I ih R ek, ‘i 1 esta i i AnTIeN ien) 56,832,014.28 (market 40,387,211.98 gen 3,855,393.94 Interest dus ane ST All other assets. Total assets , LIA ot unpaid claim, 3 required by Balaries. rents. expenses, taxés, __c' Expended du WEDNESDAY, MARCH 11, 1931, ’g(l nd _swi Or lo Iu“u me this g ":..'r ,.oa-..s. A High Interest Rate on Sayings Accounts s n nllhu-mnn-gm-l Tnecrea: e‘mlllly in_ an xmtuumn th & record of years of ssfe and u istactory an account Fith $i todey: Open Daily 9 to § Saturdays Until Noon National 1381 PERMANENT lllII.DING 949 NINT “ST s LW, SUPERVIS! will purchase a security hased vpon NORTH AMERICAN TRUST SHARES FINANCIAL, Money to Loan o T e utereet” ad " sommimen Joseph . Weller %o % & et We Recommend New York Bank Trust Shares vestment in 10 of (e Lar s 124 - nc-n'- e e '5‘.3‘.’-'-'-.-'-‘}"-."2"'!. pareiete Robert C Jones & Co., ln. Money on Hand te Loan on First Deed of Trust 6% Interest confidential service. Reasonable Commission and onp i s s el W Prompt to Maryland Pemml Bankers, Rovteations 643 Louisiana Ave. N.W. r-}-Ind A strictly dignified nol‘rl Si EgNeon- e e B S e RENTAL MANAGEMENT Caital stock—Mutupl, W e solicit the Rental Management of your property ?-h in oftice J"“g' whether Apartment, Residence or Business .18 PROMPT REMITTANCES Our organization is complete as to securin u‘ making collections and supervision P! Wllhuut obligation to you we would be glad to discuss this with you. 24-hour Telephone Service Randall H. Hagner & Company Mortgage Loan Correspondent New York Life Insurance Company 1321 Connecticut Ave. N.W. Phone Decatur 3600 loan . 14,677 Premiums nnun-ewd hands of agents .. - g Interest due and aceriiéd ¢ Total assets LIA &m unpald clatms Fles*rents, expenser, ‘taxes, labilities Oharacter of business transacted during the yoar 1930—Life insu Amount of risk assu o 03 0 ibscril 678 to bel ang, dax"of Mare VIR, ': bersppieo eilip g e e :.'!'E:' s, Keystone Inn?P emnity Exchange, Keystone Indemnity Company, « Atty.in-Fact, of Philadelphia, Pennsylvani; ,ol the District of Columbia. . MORE THAN SIX HUNDRED MILLIONS That represents in dollars the amount of first mortgage real estate notes held only one gt American life insurance company. Fotal"! a g When men of the financial ability of those who 1719250 18 direct the destinies of such gigantic organizations select this farm of security, it is a forceful argu- ‘ment in its favor. When properly selected, there H er medium known. Our First Mortgagc u “1 blnn 319.538. R E A g eal Estate Notes are ‘secured on individual properties in Washing- by adjoining territory and the sufficiency 3002.736.64 curity is passed on by officers of this com- Sl G I pany. They bear 6% interest and are available Total Ypcwrned Brenniums: 102 igheR in denominations of $100.00 and upward. SARIEE 30T MR- iairivie Haod: l‘ A ds, and stocks Deduct Sitels M6 waamitisa: i3 ‘Total admitted assets National 2345 1435 K Street NW. Motor vebeles . <762 ” esident 1 and sw to bef h “m ibad ang "’rn 0 before me this N l*" He. My cémmission expires Peb. Participating Automoln]e Insurance ‘R. Kelvin Shivers Branch Manager 1010 Vermont Avenue m— JomN,_ BANCOC fi M rfim o dNsUR- BEAK &:a":,'a'éfl"’-i‘h'%m h lll ‘fllu de FIRST MORTGAGES PROFIT—AND PEACE OF MIND So many investments depend upon contingencies. But invest- ment in our 6% FIRST MORTGAGES is different. Here you have certainty of the two essentials — safety of principal, secured by conservatively appraised im- proved Washington real estate, and this very generous return” definitely throughout the term Loss of years the mortgage runs. Over a Third Lo Century Without a fimmm 0 feed #m- (Burpisi. Total liabilities Character of busiriess transacted dur} et rc a8 it Recldent e SeulnE Tr Angunl of. assumed during e year 1 % 1017,178.778.00 ; \iiptaine e s May be purchased irf amounts MoueT 1630 + " . from $250 up. SAUL CO. 925 15th St. N.W, D. ry (My commission expires Nov. 5, 1937.) LES 'J. DIMAN, Becretary. i g%gm:f Jind sworg fo before me thi . 1onal 2100 f.t-k INT. IS NO SUBSTITUTE FOR. SAFETY « 1800 + 1931 » To Investors who seek & CONSERVATIVE Investment Banking Connection LEX. BROWN & SONS has withsteod der ing 130 years the rigors of a score or more of financial upheavals. It has found that a policy of conservatism is highly profitable if uudfudy adhered to. To investors who do NOT seck the spectacular— who can appreciate the soundness of conservatism -~ at ALL times—-we offer our service and counsel based on that policy. . You will find our Washington Branch office ready to render that service to you. ALEX. BROWN ¢ SONS 8443, stialned in 1*;‘:‘1.' rd of 9226000000 | g5, gi4 Corn Prod (vii) The net short-term indebtedness to ":‘* ":’* g'ffl‘l’_ro‘ o (7). % Coty inc. 1 was $1, mo«: 5.;.‘?".;, 83% 27 Creamgpf Wht (¥8%4) gg“ a::-n:ch'v'y-(rx‘u) with $1,810.978,000. Docembes 3, | 884 81 Cr Corl & Beal 2.40. B1° Morrell & Co (4.00).. 929, a decrease of $443,000,000. *| 34% 314 Crown C&P pf (3.10) 4/ Mpee LaoBe, 2 year American mhfih&;‘d :&ermcg{‘ 214 Motor Meter G & Ei. mm at the Amer- dcan money-1 were drawn down io the extent of $284,000,000, to total $2,793,699,000, (Ashars n28 Stack Exshenge loaders) | FOREIGN AND DOMBESTIC BANKERS ar - Established in Baltimore in 1800 - 737 157m StamEw, N. W. ™ \r,hflm, National 1053 R I LTt PRI * 36 . .Mulline Mfg pf (7)..1208 11% Murray Corp....... 31 \. {Continued on Page 1) ABEOSS ©osaosassensessrsssnsresssssesass