Evening Star Newspaper, March 13, 1931, Page 15

Public Utilities Lead in Downtrend—Favorable News Is Ignored. BY JOHN A. CRONE. @pecial Dispatch to The Star. NEW YORK, March 13.—Initial irreg- ularity in price trends on the Curb Ex- change today was turned into moderate softness as the session progressed. Trading steadily slackened its pace dur- the forenoon session. ivotal public utilities, such as Elec- tric Bond & Share, showed rather poor resistance to the down trend in view of the 1 offerings n the first two hours. Cities Service got down to 17, but this was merely the amount it was quoted ex-dividend today. Specific favorable news in many in- stances was ignored as stocks slipped to lower levels on a light volume of trad- ing. Great Atlantic & Pacific Tea dropped 7 points on its first few sales, because the dollar sales of the eamp-n{ last month declined, though the amount of food tonnage handled was the grest- est in the history of the company. Tele) shares were mixed, Bell ‘Telephone of Canada was a trifle lower, while Gray Pay Telephone and others were up by small fractions. Some of the International Power & Light issues such as intercontinent’s Power A, Inter- national Superpower and American & ign Power Warrants resisted profit- taking better than domestic securities in the same group. Rail shares eased, with the single e ception of Chicago, Burlington Quincy. Pennroad met further offe: ings each time it dipped below the 7 Jevel, “‘“’“fiu Sh"e:h Inc., = holdhs( com| spec carrier shares, came within a !:f?fifln of its 1931 low. Glen Alden Coal hit a new low on a few market offerings. Smith-Corona felt the force of the omission of the eommor:o quarterly dividend and touched & new bottom. Improvement in the chemical industry blne tted American Potash, which was up almost 2 points. Newmont Mining tapered as a result of the price weakness in copper, but improved when sales of th- red ‘metal were announced at 10% mn pointing 1930 earnings Teported M Motor, Ltd., caused tun.her of- wuld not be ascertained from the m\mm earning report cabled from London. ———— STOCK MARKET TRADING LARGELY PROFESSIONAL Special Dispateh to The Star. NEW YORK, March 13.—The stock o & ", Sge i - = & & i1 I s K1l £ 2 — - Q 58 et 3 = o e LN oagal 3 5 g 119 5 3 o LGS 2323222233383 323% gggg’g & o5358% %o @ pofesEEt -:n.'-’s_.:v ? 28 e 5T S ] EGFN o) el e D T TR S 32383 3 > a5 5 g:_‘, e, E.-j:! o §§r ot £ &8, Q 5 S8y L gt ?h cebid i e f90 SRR, Bee SN Wi o2 Boi S oo w S 1T o e a s s I & 3 . T Y ] e L Rt ugz 3, 3 IO, FR2=" e, ek 3% ) Q0gEE D ,_.‘-__ ! 3 ZZRZZRE 3! i PR i £ @, L CCLEE TR Tz Y0 Y Sane sarnBBuama! 2 S e 00 0 ssaiEas 3 g_\, : ::33;3:2:. 8823233R2823233%8: & NS 232p33388BR22T Feea S warrants th ut warrants, ) has withdra ith. view of the in 22 past is o \ e 52,106 3 % h*rl 61 1t 95 7% " Tr 58 17 A8 T 42 103 0} 3 % 8 s 0 ‘070 r h( 1 b ‘" 5 2 4183 % 27 BRt o 4 g 101 011 L § i 9 307 9 4 1 103 99 " 99 2 88 0 00 AR 98 i 4 5 hundred-share lots letter s (80s) (2508), snd “Low. Dividend Rate) 8% Aero Supply B. . 11% Affillated Prod 1.60.. 5 Agfa AnsSco......... 8 Alnsworth Mfg (1).. THE EVENING STAR, WASHINGTON, D. Add 00. Open. High. Low. Close. 3 3 4 3% 4 7 19% | et 2 11% 19% 19% 9 9 11% 11% 100 Ala Pow pf (6)...... 50s 102% 102'% 102% 140% Aluminum Co of Am 2258 % Am Austin Car. 3 65 Am Cigar Co. 33 Am Cit P&L (A) (a3) 5% AmCit PAL B b10%. 11% Am Com P A (b10%) 28% Am Com Pr B(b10%) 7% Am Cyanamid B. 4% Am Equities. .. 3% Am Founders. . 70% Am Gas & Elec ($1) 4% Am Invest. Ine (B).. 36% Am Llundry Ma (3).128s Trae (2%). ’; Am Maize Prod (2).. 3% Am NaturalGas.... 16 Am Potash&Ch (1). 1 9% Am Superpow (40c). 287 81% Am Superp 1st (6).. 31% Am Util&Gen (B)vte 28% Am Ut&Gencupf3.. “1 Am Yvette new wi... 3% Anchor PF (b10%). 5 Appalachian Gai % _ 5% Arkans Nat Gas 104 ArkP&Lpf (7 i = 4% Art Metal Wks (60c) 17% Asso Gas&E] A (a2). % Assoc G & El war... Assoc G & Epf 45)..140! 671 Asso G & El ct (8) 19 Ass0cG & Eall ct: 1% Assoc G & Epurrts 7 Assoc Laundries.... % Assoc Rayon... 24 Assoc Rayon pf 22 Assoc Tel Ut (b8% ) . % Atl Fruit & Sugar 614 Atl Secur Corp. 27 2% Auto Voting Mach 8% Auto Vot M cv pf 4% Aviat Sec of N En| 3 S —owannaR NN-—-'A‘-A--!N—-NNE .1 18% Beneficial 1L (1%). 3% dlue Ridge Corp. '80% Blue Ridge cv pf a. 4% Bourjois Inc,.. 21 BrasTr&Lt (N*)- % Brill Corp B. », 40 BuckeyePL (4).... 43% Bunk Hill & Sul (3) 1% Canada Marcon! % Carib Syndicate 221 Carnation Co (§134).. 24 Carrier Corporation. 17% Cent Hud G&E (80¢). 18% Cent&Swn Ut (b7%9) 14 Cent Pub SveA b10% 9 Cent Stat El (b10%). 1 Chain Store Devel... 20 Charis Corp (18).... 13% Chat Ph Aln.v (1).. 194 ChiB&QRR (10)... 15 Citles Service (g30c) 79% Citles Serv pf (6).. 8 Clauds Neon Lts, Inc 48 Clev El Illum (1.60). 7% Clev Tractor (80c). . 1% Colon Ofl. .....0.vne 181 Colts Pat Fire A 1% . 5 Col Ofl & Gas'vte. 17% Col Pict vte (f1%).. 1% Cmwith & Sou war.. 8 Com Wat8v (b6%).. 9 Consol Aircraft. % Consol Auto Hfl'flh. . 2% Consol Copper...... 10 Consol Laund (1)... 40 Cont Shares conv pf. 39 Cont Shares pf (B).. 5% Cord COrp........on 14% Corp Eec Ch (b6%). . 2% Cosden Oil..... . 3 Creole Petroleum. 3% Cresson Consol (4c). ;K o S = =1 TV - (U = o S ERE-1TT S-S =Te e BN Crocker Wheeler.... Cr Cork Int A (1). Curtiss Wright war.. Cus! Mex Mining. ... = - oate T 00 M3 b o 3 H 2% Duquesne Gas Cp wi. Durant Motors...... Duval Tex Sul wi. East St Pow B (1) Eisler Electrie Corp. 8.z 3 II ll Elee Pow Asso A fl) Elec P & Lt op war lUfi Elec PAL 24 pf A 7. El Sharehold (b6%) El Shareh pf (a6%) 00t D 291900 Europ Elec deb rts. . Fairchild Aviation. . Fajardo Sugar. Fiat Btock deb ri Florida P& L pf (7). Ford M Can A (1.20). Ford M Ltd (p37%).. Foremost Dairy Pr., Foremost Fabrics. Fox Theater Cl A. Franklin Mfg Co.... Gen Alloys (80¢).... Mfi Gen Aviation. % Gen Baking......... 27 Gen Baking pf (3)... 17 GenBaking NY wi.. % Gen Bakingcod..... Gen Bak pf c.o.d. (3). Gen GEE cv pf B (6) Gen Thea Ep v pf 3) Glen Alden Coal (4).. Globe Underwriters. Gold Seal Elec new. . Golden Center. Goldman Sach T C. . 9% Gramophone rcts(pl) 4 Gt At&Pac Tea nv(6) 10s Grt A&PTpf (7).. 408 Great Nor Paper (3), 2 4 Grey Tel P8 (14).,, 508 Groc Strs Prod vte.. Gulf Otl of Pa (1%). Heyden Chem (1)... Hazeltine Corp (2) Helena Rubenstein. . Hollinger Gold(65¢c) . Hudson Bay M &S .. Humble Of} (12%). . 4 Hydro Elec Sec 1.40. Hygrade Food Prod. 4 Imp Oil of Can (50¢) Imp Tob Can (35¢) India; pe L (2) Ind Finan ¢l Ind P&L cu pf (6%) Ind Ter Iliu Ofl Insull Inv (b8%) . lnlunne. Beo (70c). rcontinent Pet n. lnnreom Pow A (1) Int Hydro ev pf 3%4. Int Petroleum (1)... Int Superp (11.10).., Int Utilities A (3% ). Int Utilities B. . Interstate Equiti, Inter Equ conv pf(3) Irving Air Chute (1) Italian Superpow A.. Italian Superp war.. Kolster-Br (Am 8h). Libby McNell & L. .. o= 3 & i SO eI e o @3 s NN eNARONS 10 Special Dispatch to The Star. BALTIMORE, March 13. —-Pouhry. Wlhel alive—Furkeys, pound, 32; chickens, v tan d, 26a31; lldle‘v ll‘ll rol.l.l. lu i process, 2l store p-:-jzd 12014, Vegetable Prices. Potatoes, white, loflpmmdl. 26a1.90; um.: 'ut 157 155 1% 65 38 158% 3015 43% 94 3% 31% % % 1% % 1% 7 50a3.! 50 e ~Prev, 1031~ High. Lew. 24 Midiand Nat Fue Phoenix Phoenix Selected 8 WG o VI Friia 11% | p paid lants, crate, 2.50a5.00; 90: lettuce, hamper, 50a rwen, crate, 1.75a4.00; D!nn!vl- 1 00a1 20; spinach, 501 t0 fair, Cattle—Receipts, 400 head; - ply; market m". syt , none; good ce prime, choice, 8.5029.00; medis 7.5028.50; fair to nl..al “ug b mfi !o.. 6.00a7.00; common to plain to plain, Stock and Dividend Rate. 9% Loew’s Incdeb rts... Mayflower Asso (l)- Mead Johnson (14) MerCh &S (1.60)..., Met & Min Ine (1.20) Mid W Ut ev pf xw Midland NG A 1.20 Mid Roy cv pf (2). Mid St Prod n (2) Mont Lt H&T (1% Nat Aviation..... .. Nat Bd & 8 Corp (1). NatDPrpfA (7) 4 Nat Investors (n. ). Nat Pow & Lt pf . Nat 8 T Sec A (350¢. Nat St Corp war. Pie Bak of Am A (2). Pledmont Hyd Elnw Pllot Rad Tube A.... Pines Winterfr (1) Pitney B Pn (20e). Plymouth Oll (3) % Polymet Mfg... . Premier Gold (12:7 .. Producers Roy Corp. Prudential Invest. .. Pub Util Hold Cp ww Puget Sd P&L Dt (6) Pure Oll pf (6)...... 108 Quebec Power (2%). Radio Products. Rafiroad Sh (50 Reiter-Fost Reliance M. ybarn Co. Reynolds In Richfield Ofl Cal D Rich Rad cum pf. ... Rike Kumbler (2.20), 4 Roan Antelope Min. . % Rossia Int Corp..... i St Regis Paper (1).u Balt Ceanks Frog (3)... Saxet Cosi...... Seaboard U1 (§0¢).. Seg Lock & H (nn).. ish & Gen rets. . Stand Ofl of Ind (2).. Stand Ofl Ky (1%). . Stand Oll Nebr (2).. % Stand O1l, Ohlo (234) Stand Oil, Ohlo (5). Stand Pwr & Lt (2) Starrett Corp. ... Starrett Corp pf (l) - Stein Cosmetics. Strauss (Nathan) Stuts Motor (wy Sunray Ofl (b5 Swift & Co (2)....., Swift Internat (3).., 4 Technicolor. Inc. . Teck Hughes (60¢c). Thatcher Sec Corp Trans Lux DL P Triplex Safety Glass 2% Tri-Cont Corp war.,.. Tri Utilities (11.20). Tubize Cantillon (B) Tung Sol Lamp (1)., Twin 5t N G pf (A).. Ungerieider Fin Cp. Unit Chem pt pf (3) Unit Corp war.. Received by Private Wire Direct to The Star Office Sales— Add 00. Open. Hign, Low. Close. 5 14% 14% 13 14% 20 - Unit (b6 - Se 0 O OV 0 1 0 00 G e O D DB RO b D Nordon Corp Lt Nor Am Aviat A Nor W ev pt (3). Nor 8t Pow pt (§ N W Engineer (2 Novadel Al Ohto Copper. .. Oflstocks Ltd A(40¢) 6% PacG & E1st pf 1%, Pac Light pt (6).... 87 Pandem O1l. . Pantepec Oil. Paramount Cab Mfg. Parke Davis (1.45).. Parker Rust Pr (3) 4 PenderD Gr B Pennroad Corp (20¢c) Peop L& P A (2.40).. Phillip L Inc B 1.60 e (4 Secur Corp.. Secur pf (3) o somnasanEane 20s 26 NS oo eB o~ Indus Sel Ind pr sta (515). Select Ind pr (5%)... Sentry Safety Cont. . Shawingan W (2%).. Shenandoah Corp... Shen Corp pf (a3)... Sllver (Isaac) pf (7). Binger Mfg (10). Smith (A0) (2). Smith-Corona vtc. .. South CEdpf C1% SouthernNat Ga Sou Pipe Line (2)... Southld Royalty 60c. SW Bell Tel pf (7)... tilitles. .. &'».._-a..‘,,... s3 T)ees deoa o BN TR L AT MR AN DS § - Unit Lt &Pwr A Unit Lt& Pwr pf (6) U 8 Datry (A) (5) U 8 Elec Power ww. U 8 Finishing. . U 8 & Inl Secur. U 8 Inter Sec 1st pf. US Linesof (1).. U 8 Badio & Televisn Unit Verde Ext (2),, 1 Utll P&Lt(a11.023%). Ut P&L Blat1.02%). Util & Ind., . Vacuum (4) Venezuela Petrolm. Vie Finan Corp(40e) Walgreen Co. lker (H) (1). n (J W) Co. ne Pump pf 3 West Auto 8 A (3) Wil-Low Cai Wil-Low Cafeter p: “Y" Ol & Gas....... Zonite Products (1).. rates in dollars mh ;l‘tu. 3 E’ l!’hu’:m:or ;“.Irfi?’“l 1:""“ e T LB, o el R R pel 27% H% to fair, 3.00a4.00; common to plain, Helfers—Choice to prime, none; good to choice, none; medium to good, 7.00a 7.50; fair to medium, 6.00a7.00; plain 5.508 4.005.25; 30.00270.00. Sheep and umn—mm. 50 hud oy, m’.'r—m mm' iy }'&m . SILVER euoumn. NEW Y 3 o m_”fi_oux.mx lfl'fl % 5:':.- in excess of two % | da Ten years 12| used £ TREND IS UPWARD New Uses Found for Product Result in Greater Distribution. BY GEORGE E. DOYING. ‘The trend toward use of natural gas continues unabated. A survey made w- uhufl that, while new territory is opened for industrial and domes~ tic consumption and new commercial uses are being found for the product, 2% | new sources of supply are constantly being developed and tremendous waste of the fuel goes on. Although the wastage of natural gas in c.m:mm ‘was reduced to 74 per cent ‘| in 1930, nearly half of the !hua prod- uction of more than 554 billion cubic feet was blown into the air. In the Texas Panhandle district alone more than half a billion cubic feet of natural is wasted every day. Texas pro- lion cubic feet Increases General. com) -niel throu.boufi , due pfl.ncl ly to '.helr devel e product for ting. pe line companies are eonunulnc the construction of long lines, lnd it is expected that the big main being run from Texas to Chicago will be in operation soon. Announce- ment has just been made of the begin- ning of work on a new pipe. line from gas flelds in Eastern Kentucky and the Southern pl.n of West Virginia to ‘Washin, D. C., as a part of the Columbi Gu & Electric Corporation’s plan to develop the Eastern seaboard markets. ‘The electric_utilities are making in- creased use of natural gas, according to the United States Geological Survey. Last year the increase in the use of this fuel in the making of electricity was 6.7 per cent, jum&hg from about 112 billion to 120 billion cubic feet. ago the electric companies less than 24 billion cubic feet, s0 that the increase in the last decade h-s‘ amounted to more than 400 per cent. In 11 “Western States about XGB(U miles of new gas mains were laid las year, making a total of 24,018 miles now in use. Hundreds of small cities and towns are receiving gas service and thousands more will find it available this year as the great pipe lines under construction through Central and Eastern States reach completion. New Uses Found. New and novel uses are being found for gas. Garages are installing gas service to be used in “breaking in” the motors of automobiles and busses. Au- tomobile dealers are watching the ex- periments, hoPln' that they may find an economical means of offering cars ready for the road without the present necessity of many miles of slow driving for the purchaser. Less heat and slow speed, without carbon or noise, are said to be among the benefits of gas over gasoline. In Oregon the Portland Gas Utlity planning to furnish heat for a mushroom “factory,” where a gas-fired hot-water system will maintain an even temperature of 55 degrees in a large insulated compartment. Scores of local gas utilities are tying in with the new pipe lines and mixing natural gas with the artificial product. Whereas the gas industry not many years ago was rather definitely on the down grade, it has staged a remarka- ble comeback and now is making great strides forward. (Copyright, 1931.) “ WESTINGHOUSE 1930 NET WAS $4.45 PER SHARE ‘The annual report of the Westing- house Electric & Manufacturing Co., distributed by the Washington office, shows the following income account for the year ending December 31, 1930, as compared with the previous year: 1930, 1920, a - Sj0amaTe 8316364588 gost of sales.ciol ITLIILIS 194371987 anufactur- e DroRt ..o, 8312481 31992801 11,886,208 27,316,344 b 11,881,705 37,082,611 Reduction in sales and income in 1930 reflects removal of manufacture of radio sets and tubes, well as decrease in general business. The net earnings per share were $4.45. As of Decem! 31 1930, unfilled orders amounted to $40, 208181, which compares with $62.025.- 399 for the preceding year. During the year four quarterly dividends were de- clared on the common and participating preferred stocks, each at the rate of 215 per cent (81.25 per share), a total for the year of 10 per cent (85 per share). U. 8. 'rnusun BALANCE. The United States Treasury balance, announced today as of close of business March 11, was $76,279,032.18, Customs receipts for the month to date were $10,847,482.22. Total ordinary expendi- tures, $4,185,425.92. DIVIDENDS DECLARED NEW YORK, March 13 (®).— Regular, Pe- Hldrs. of record Mi K Par- ‘ompan: e Com ¥ ar. 14 ow ot.3155" @ ADY BB, (Ttaly) Ban) aurco ne 8% i cnt D-nnt:v;p!nu BLEREEE BEERGEGG! Genl A Glbson Art C Hall Bak Co pf. Hanover Fire 1 Harbauer Co p! Inter Tel AR L % _ i Jenking “BEos, L enkin x.mu‘\( I- 1 31 4 ] 52 sL78 6 B # Prnlnml:r Eennsvivanis - Penng Eonnern Ry pE Twentieth Cen Fixed Tr Weinberger Drui Metro Tce N amp Twentieth Century Pixed Tr 8h M.Iwrs " el TErS2283333 & Om DDPOOOPDOOVODOOOOOOCODLODDD: DODOOOOOODOOD: EE9ERER lxln. Bk of Am Nat M 2 Jenkins Bros.... luth. l'n?l Gr Pr.l- .- FRIDAY, MARCH 13, 1931. NATURAL GAS SALE | STOCK AND BO B the Associa From Yesterday's 10 Industrials, 87.9 * New 1981 low. FINANCIAL. ND AVERAGES ted Press. 's 5:30 Edition. (Copyright. 1931, Standard Statistics Co.) | Grain Market I By the Associated Press. CHICAGO, March 13.—Dipping a lit- tle at the start today, grain prices soon steadied as a result of buying on resting orders. Early downturns followed an- nouncement that Australian wheat ex- ports for the week were unusually large, 5,304,000 bushels, compared with 3.024,- 000 the week previous and 1,480,000 a year ago. Opening at % off to 4 up, wheat later held near d\e initial figures. Corn started at a shade decline to 3 advance and subsequently showed little change. ‘This week’s wheat shipments from Australia, ntina and Russia totaled 10,251,000 els, rendering the outlook more bearish for disposal of Nun America’s huge surplus. Piling up whenz supplies was further emphnlnd by, word that additional elevator storage space in Chicago would be provided to|gc; accommodate 1,500,000 bushels of the up 9; May, 1101, up 10; October, 11.58, up 1 aris, Bru New York Cotton Epecial Dispatch to The Star. YORK, March 13.—Opening cotton prices today were 8 to 10 points higher, chiefly on heavy trade buying. The gains were spreadly throughout the nsz local operators confining themselves ly to near months, while overseas brokers bought distant contracts on strength at Liverpool and a reported pick-up in Indian demand, Opening prices were: up 8; July, 1177, up 9, and January, il FOREIGN EXCHANGE. (Quotations ed by W. B. omtnal goid 82, up 9. ndon, pound frane. 84 391%¢ 3 3850c 19:24%c first rush of the 1931 domestic crop | Athens, about July 1. However, demand from British millers was reported l.m roved, with European wheat ‘stocks, both con- tinental and British, relatively Amlu. wcfluflaflmem o(u corn l‘::v&mefit helpgl ive comparative all cereal Corn _primary Yo ‘were 502,000 bushels, against 7!3000 a week back and 633.000 on the corrupondm. day of 1930. Chicago had but 65 cars, com- pared with 184 at this time last weel and 87 a year . Unsettled weather tended also to check selling. Oats were easy, responsive to action of other grains. Provisions went up with hogs. ——ei Rubber Consumption. NEW YORK, March 13 (#).—Con- sumption of crude rubber by manufac- turers in the United States for Feb- ruary is estimated at 28,797 long tons, an increase of less than 1 per cent over January consumption of 28,557 long tons, but counter to the usual seasonal decrease of 4 per cent, the Rubber Manufacturers’ Association reports. Im- ports of crude rubber last month amounted to 36,645 tons, compared with 37,098 tons in January. Total domestic tocks of crude rubber on hand and ia transit overland February 28 were es- timated at 212,833 long tons, an in- crease of 1.6 per cent over January and 479 cent over Fel of 1930. Money on Hand to Loan on First Deed of Trust 6% Interest and JAMES F. SHEA 643 Louisiana Ave. N.W. Rehremen! Income Guaranteed Eldomul Annuity Safe, Systematic Savings Roger M. Stuart Connecticut Mutual Lite Insurance Co. Established 1 1126 Woodward Bldg. Phone Nat. 3926. A growing concern in this city requires $7,500 additional capital for legitimate expansion. To the party willing to make this excellent in- vestment, all necessary bank references and other data can be sup- plied. It's a wonderful opportu- nity and well worth while yeur investigation. ADDRESS Box 195-Z, Star Office For Storage or Other Business Purposes ONE OR MORE FLOORS IN MODERN FIREPROOF WARE- HOUSE. fApproximately 7,000 square feet to a floor. fIn heart of downtown business section, {[Freight elevator service, REASONABLE RENT, Avply MR. HITE— Merchants Transfer & Storage Co. 920-922 E St. N.W. . New York Bank Trust Shares s Guend Tow ol ™ NOW T R opreximate Friver i Bor Bhore ™ Robert C Jones & Co., Ing. Met. 2022, 2903 MAIL TODA' Send Me Complete Y—'l-fl Me sesssbenedusnsnies England now has 1,961 woman magis- trates. rch, 10.80, 11.26, December, Money to Loan b A R Rt Joseph 1. Weller 55,7730 "% & ¥ REAL ESTATE LOANS Made at Low Interest Rates N (R un.:x 3 " RW, N 0478 MAXIMUM SECURITY (Assets Over 3600.000.00) ° PLUS HIGHEST lA‘l’l OP INCOME 103% &-fl 517 hl-ll' LE ROY GOFF Iserence “ETAhRly or e el Of the NEW ENGLAND FIRE INSURANCE COMPANY Of Pitisfield, Massachuseits 0ol ihe 31st day of December, M0 7% g‘ under Section 647 of the Code of W for the Disirict of Columbia. INCOME. Net premiums ... Total inte: d Ofter income Total income for Ailother " aisburseiments Total disbursements . Real estate o5 Mortgage ‘lostis on ‘Feal estate. joans B, Agents’ Co.) lnhmc l!d nM‘ ing checks 483 37-32 il "other ‘aaséis. Dedser ssets pot” Total admitted assets. 11 Net_ unpaid claimsr, Total ynearned v liabilities " | canital paid Surplus over all itabiiitios: 4558 T tonesoy -$1,430.007.65 GUARANTEED Principal Guaranteed UARANTY first trust notes are to understand.« They do nmot increase in value . , . neither do they decrease. well as good, these safe first mortgages afford careful investors an assured in- come, with positive safety of principal simple investments, easy But every year, in bad times and interest. Invest your surplus funds in these saje §%. securitiest Available in denominations as low as $250 Monthly' Payments if Desired for_Boo) “The Success. Plan.” Real Estate Mortgage & Guaranty Corporation 1610 K St. N.W. National 1403 Thousands Have Benefited Through This Institution Because of the soundness an Risociation 1o heip bers ‘achieve & cess Sotia Aok have possible. Open Daily 9 to § Saturdays Until Noon National 1381 . K Street at Fifteenth 3417,946.38 31,600.35 CALVIN PORD, President. '“mmuun Tibed twenty-fourth day of Februcy, 1081 Notary STATEMENT OF ¢ of ol llo Wllh- IM New !ni City Salred” unger” Bection 64T of " the "Cods "ot LAV Gor the DIstHcE of Columbia. The only building of its kind with a basement garage i g Large, light suites to. suit your space requin- ments, Conveniences and advantages - that you wflt find an asset to your busi. . ness. Prominent firms - are your neighbors.