Evening Star Newspaper, March 28, 1931, Page 24

STILL UNCERTAIN Washington Banker Visiting| "1 India—Other Timely Financial Notes. BY EDWARD C. STONE. Domestic developments are still dublous. delicate of busi- ness convalescence has been & bit dis- turbed this week by the rumbling of The Jthreatened revival of farm re- lief agitation by the Farm Board's abal donment of price pegging is political ly pessimistic, but fundamentally fa- vorable for business readjustment. ‘The row over the German-Austrian ef- fort to translate French rhetoric in- to reality, however, exposes again the volcano of political passion upon which European economic _stability is pre- cariously perched and clinches the con- viction that Amel’lezfl ‘business recovery must’ come from thé cultivation of our own cabbage patch. Gov. Norman's visit here holds some hope of interna- tional action on a scale comprehensive enough -to overcome the credit crisis which uncontrolled price deflation has ipitated. w"lghg index, down slightly to 81 per cent of normal for the week ended March 21, shows no significant change in the stagnant statistical picture. In the preceding week the index stood at 81.4, while in the same week last_year the reading was 95.6 per cent. Hesi- tancy in steel activity, renewed weak- ness in commodity prices and eoftness in the still selective bond market indi- cate that confidence in continuous re- covery or initiative in the adventure of creating new wealth is still crippled by the paralyzing pressure of the de- flation complex which has prolonged the depression, Business Week con- . cludes. Real Improvement in Sight. ‘McNeel's Financial Service says: “There are signs of a real improve- ment in the basic conditions of business. ‘Where real improvement is shown is in the increasing stability of commodity , in & speeding up of certain in- dustries, such as textiles, steel and motors, and in an improvement in the ‘building industry. “The recent quick turn about in prices of hides shows how rapidly s com- modity situation may change once a S ment, 100, I the weol industzy: vemen! ) % ks S , amounting an increase of B o s Ty S ceend o anuary, it :‘& first monthly increase since May, 1928, in this field of activity. “The improvement in silver prices, too, is highly important. We believe these are but straws vhlch"-nlmv ‘broadening of "This is the basis necessary for & ening and improving stock market.” Francis Savage Visits India. benker writcs tiat he j5 groatly & :'ud with the new Capitol buildings Delhi. He has had the pleasure of meeting Gandhi , and : liked him very much. Mr. Savage be- Heves that many of his ideas will several months l:vnmmzlom Mr. Sav- returns to on. *®Haisey, Stuart o o Sl start & new series of radio talks on April 1 which ~Prev. 1031~ 63 129% 38% 86 70% by 1% 69% . Low. 9 15 1% 20 B4% 8 Bl 45 106% 27 4% 20% 384 534 Dividend Abitibl Pow & Abitibl P & P pf (! Afr Way Elec Appl. Alleg Corp. . . 55 Alleg Cp $30 ww %, - 1 Alleg Steel (12.80). . Allled Ch & Dye (n6) 107 Allis Chalmers (3).. 22 Alpha Port Cemt (1). 2 Amerada Corp (2)... § Am Agri Ch of Del 2 Am Bank Note (13).. 1 Am Beet Sugar pf...100s Afn Brown Bov Elee. . 9 % Am Br B Epf (7).... 108 273 Am Car & Fdy pt (7) Am Chain (3). . Am Chicle (13). Am Coal (4) Am Colortype (1. Am Comecl Alcohol Am European Secu: Am & For Pow Am & For Pow 2 Am Hawailan S8 Am Hi Leat! Am Hide & Leath pf. Am Home Pr (4.20).. Am lce (3) Am International. Am La Fr & Foamite Am La Fr & Foam pf Am Locomotive (2).. Am Mch & Fdy 1.40.. Am P & L pt A st (5) ‘Am Rad & St San (1) Am Republie: ; Am Rolling Mill Am Safety Razor (5) Am Ship & Com. Am Sm & Ref (4).... Am Sm & R 24 pf (8) Am Sm & Ref pf (7). Am Solv & Chem. ... Am Steel Fdy (3)... Am Steel Fay pt (7). Am Su Ref (5)... Am Sumatra Tob.... Am Tel & Tel (9).... Am Tobacco (16). Am Tobacco B (16, Am Tobacco pf (8) Wks (: Am Zinc & Lead pf Anaconda Cop (1% Anaconda W & C (1). Armour of Del pf (7) Armour of II1 A, Armour of Ill B... = Atch To & S Fe (10).. Atl Coast Line (110). Atlantic Refining (1) Atlas Powiler (4). 8% Atlas Stores (nl). 45% 114% 24 1 58% Auburn Auto (f4)... Autosales. ... Aviation Corp of Del Baldwin Loco (1% ). Baldwin Loco pf (7). Balto & Ohfo (5).... Bang & Aroos (34). Barnsdall (A) (1)... Beatrice Cream (4).. Beech-Nut Pkg (3).. Bendix Aviation (1). (2 Bethiehem Stesl (6). Bethlehem 8t pf (7). Blaw-Knox (1%). EkIyn-Msn Tr (4)... 129% 103 Bklyn Union Gas (§) 20% 14% Bucyrus (1) 4 Budd (E G) 82% 21% Burroug 8% Houston Ofl 6% Insur Shrs Md(40c).. Emerson Bra . Eng Pub Sv (3.40) Eng Pub Svopf §)... Eq Office Bldg (2%). Erfe RR.cousnsnnsin Eureka Vac Cleaner. Evans Auto Products Fed Wat 8v A (2. Firestone T&R (1).. .. 2 Firest T&RpL(6).. 2 6 % Fisk Rubl Fisk Rubber 1st pf., 50s Florsheim Sh A (3).. 1 Follansbeb Bro 1 Foster Wheeler ( Foundation Co. Fourth Nat Inve Fox Film A (4) Freeport-Texas Gardner Motor. . Gen Am Investors. .. Gen Am Tank Car(4) Gen Asphalt (3)..... Gen Miils (3) Gen Motors ( Gen Motor: 1 Gen Refractaries (4) 21 64 Gen Theater Equip.. 26 Gillette Saf Rasor... 127 Gimbel Bro: 1 Glidden Co. Goodrich B F pf (). Gotham Silk Hoslery Graham-Paige. . ) Grt North pf (5) Wi Guif States Stee! Hahn Dept Stores. Hartman Corp (B) Hayes Body. . Hercules Mot (1. Hercules Powd (: Hershey Choe (5). Hersh Choc pf (5. Hollander Son! Houdalle Hersh Household Fin pf Houston Oll.... - o ET T T-AoT - Howe Sound (3). ... Hudson & Man (3%). Hudson Motor (1)... Hupp Motors. .. Illinots Central (7). Tilinots Cent pt (6. Indian Motor Cycl ipdian Refinin; Indust Rayon (4). Ingersoll Rand (16 Inland Steel (4). Inspiration Copper. . Insuranshar Del 40c® 200 o PRLB8a " - T A S T T Interb Rap Transit.. . Int Agricultural. ..., Int Bus Mach (n6).., Int Carriers (37%¢). Int Cament (4)..ee0e Int Combustion. . ... Int Harvester (23%)..- 68 Int Harvester pf (7). Int Hydro E1 A (e2). | Int Matoh pf ($)....1, Int Merc Marine (2) Int Nickel Int Paper & Pow C. Int Pap & P pof (7). Int Rys Cent Am et. Int Salt (3 Prev. Close. Close. % # § .. 2 :nsg o S 33 - S, | - 3 H 84% 2% 46 0% 74 1674ir 168% 65% 66 9 DECLINE IN STOCK PRICES CONTINUES Wall Street Turns Bearish on Recent Reports of Poor Earnings. e BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, March 28.-—Successive wes of selling swept over today's stock market, sending prices sharply lower. Many important issues were at the lowest they have sold on this re- action. The selling wes punctuated by periods of relative quiet, during which prices came back partially, but activity ‘was always greater on the decline. Sentiment was turned pessimistic overnight by the poor showing the mar- ket had made on Friday when the rail- road averages had broken to a new low for the year. Dismal February earnings statements had a cumulative | effect and the old doubt was raised whether industrials could hold up in & market where the rails were in such dis- favor., Sloan’s Prediction. The Street read with interest the re- marks of the head of the General Mo- tors Corporation, in which he fixed the time for business recovery in 1932 *Most people had been counting on an earlier revival. Renewed weakness in com- modities had its effect also, the latest disturbing element being'the report that copper had sold under 10 cents a pound. ‘The result was heavy offerings of all tbe principal trading stocks, with spe- cial pressure exerted against United States Steel and General Electric, plain- ly by gm{uflomls, who hoped declines in such representative issues would turn the general list downward. Both Steel and General Electric made new lows on the movement, the former around 142 and the latter under 50, but when the pressure was relaxed. there was no sign of outside liquidation, Utilities Lower. The utilities were sensitive to selling today, contrary to the rule of late. Consolidated Gas, under 103, was down more than 4 points from Friday's high, American Water Works, Columbla Gas, North American Co. and Standard Gas & Electric sold off easily. Oil stocks centinued to sag, but they have been doing that for a long time. Stancard of New Jersey made a neéw year's low, al o the net loss was only frac- lonal. Ralls were inactive, but the trend was dovnward. Atlantic Coast Line made a new low and several others sold only slightly above their previous lows. The floating supply of many of these issues is small and operators for the decline hesitate to sell them. Meanwhile investors show little diposition to liquidate, PARIS BOURSE PRICES. PARIS, March 28 (#).—Prices moved irregularly on the Bourse today. Three per cent rentes, 88 francs 20 centimes; 5 per cent loan, 104 francs 50 centimes. Exchange on London, 124 francc 21 centimes. The dollar was quoted at 25 | francs 56 centimes. U. 5. TREASURY BALANCE. The United Etates Treasury balance | announced today »s of close of business | March 26 was $000,853,142.04. Customs $26514.28575. Tolal oréthary expendls ,252.75. © M tures, $8,392,025.52. - NEW,. YORK BANK STOCKS NEW YORK, March 28 () —Over- the-counter market: 42 MARCH 28, 139T. U. S. CHAMBER OF COMMERCE TO FIGHT INCOME TAX RAISE By the Associated Press. In view ofs the Jow level of businees The . United States’ ian?n ‘x: activity, the committee was of the opin~ come taxes, either corporate or indi- vidual, for the calendar year 1031, to offset the Féderal deficit piling up rapidly. ‘This became known here when the chamber’s committee on Federal tax- ation, which hhs made an extensive study of the subject, returned its rec- ommend: to the parent body, which will submit it to the annual convention of the chamber in Atlantic City next month for adoption- as a part of the body’s policy. ‘While luction of tax rates has a stimulating effect on. business, the com- mittee found an increase in tax rates porate and individual incomes should not be taxed at rates In excess of those now in effect. EXTRA SLICE OF BREAD URGED AS FARM AIDi Special Dispatch to The Star. | NEW YORK, March 28.—This coun- try would use 60,000,000 more bushels | of wheat & year and take a decisive| step goward restoring farm prosperity | if every person were to eat an extra ! slice of bread a day, according to Jo- | seph Wilshire, president of Standard| Brands, Ine. “It behooves the American publie to give more thought .to the. importance of bread in the diel and its bearing on the economic status of the .country,” Mr. Wilshire said, “Bread supplies one-third more energy at one-sixth the cost of meat, The consumption of wheat has decreased about 20 per cent during the past 10 years, 50 one more slice of bread per person daily will help farmer more than any program of restricted acreage.” el BUILDING CONTRACTS GAIN. By the Assocleted Press. ‘The F. W. Dodge Corporation re- ports an advance of $3,000,000 in the daily rate of building contracts for the first half of March over February, and an advance of nearly double the rate for January. A large part of the March increase is due to residential construction in the New York metro- politan_district. First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. : , FINANCING WANTED LOCAL INDUSTRIAL PLANT requires $40,000.00 which will be secured by first lien or preferred stock with no prior obligations. Have Physical Assets of $80, 000.00 and ean earn from $12,000.00 to $20,000.00 per an- nam. Will give part interest or cash bonus and 87 idends. Will apply all earnings to retire abéve mortgage or stock. Address Box 1-B, Star Office Notice te Subscribers in Apartment Houses Subscribers wishing the carrier to knock on the door when delivering The Star-will please tele- phone circulation depart- | ion the present is peculiarly an inop- portune time to increase rates or to consider the advisability of so doing. The Government is appropriating and proposing to spend hundreds of mil- lions of dollars to stimulate activity, it points out, adding in this connection the inconsistency of proposals that the Government spend these sums of the taxpayers’ money for & definite purpose and at the same time increase taxes is too obvious to need explanation. The chamber says the country has suffered in the past from efforts of the Federal Government to levy high taxes upon the larger individual incomes and upon corporate profits. “In connection with the income ol i i i * the report says, “it has been | proved that higher rates do not neces- sarily yield larger revenues to the Gov- nment, but, on the con! , that the éstablishment of moderate rates has | benefited both the Government and the taxpayer. ‘The assumption that the rapidly increasing demand for revenue on the part of the multitudinous taxing units in this country can_ be met through the simple process of increas- ing rates is to disregard the costly ex- perience of the past and to visit dif- ficulties not only upon taxpayers, but on our public_treasury and the gen- eral economy. If additional funds are needed to finance various projects of the Government, these should be ob- tained by means other than increases in the income tax rates.” k The significance of the chamber's vicws is seen in its membership, which comprises approximately 1,700 business and commercial organizations. In ;éépwt to the memory of . N Mr. Holcombe G. Johnsonv senior partner of our firm, our ° office yvill beclosedallday =7 on Monday, March 30th Johnson & Adams Locate that Star Branch Office near you —and when you want to place a Classified Advertise- nient in The Star it will save a lot of time and ine convenience to leave the copy there. It will be ime “iediately forwarded for appearance in the first avail- able issue. You'll find there's a Branch Office in your neigh- borhood., i Int 8hoe (3)....0e ment, National 5000—and instruetions will be given for this service to start at once. % 234 Bush Terminal (2%) 109 Bush T Bldg pf (7).. mh speaker. speaker 1 Butte & Superior..s. be Rome,C. Ste , president| 20% 12% Butterick Co of the American rs’ Assoclation. 69% 37% Byers (A M) Beginning - next Tuesdey Eliot H.| g8 41% Calif Packing (4)... Thomson will deliver a series of lectures| js, % Callahan Zinc & Ld.. " to students of Eastern| “4ss ~36% Calumet & Arizon: Rarge of Miss Marguret| 16% 11w Gamp WeC Py (1) . e of o e B. Hardy, who manages the school 40 9% Canada Dry G A (5). , whose personnel is composed of | 45% 38% Can Pacific (3%). nts. 18 8 Capttal :’am.i)nA ! 131% 81% Case (JI) (6)...... 15 Celotex Co. shocked today over the announcement| 13% 4% Celotex vtc ctfs. . % )2;; suddfil: tde;fthmol L%?r{ge NO. L0m 22% ger de Bn(d:olg u‘)“ 'al , president e y a- % 2% Certain-tee: 'T O - tional Bank and of the Washington| 28% 12 Checker Cab Mfg. Stock Exchange. In his pessing, finan-| 46% 394 Ches& Ohlo (2%) % w;:hmm"rl tufl;rs » tremendous | 56l 40 Eheppeate Corp.(8) . w bankers ave n sucl % on . favorites or enjoyed such & host of 7% 6% ChlGreat Western.. e oo | B3 1 S EB E RN His wide reached far % e o) beyond the National Capital. He had| 15% 9% ChiMil8tP & Ppf. known personally every president the ‘A‘:uflfln Bankers’ &suacl:zxon has hfi many years and serv on sever: of the association’s most “important committees, He was particularly fond of Rome C. Stephenson, present head of the American Bankers' Association, and only last Friday and Saturday was the week-end guest in Philadelphia of Harry J. Hass, who will be president of the association next year. Mr. Walson was plannfig to attend the coi meeting of the executive 9 Ciation 3 be held n- Auguste, Gb.. na| 104 c o ugusta, Ga., as & member of the Commitiee on Public | ja0% 384 ColGas @Bl 18);. 0 ¥ Information. He was always interested s 16% 7% Col Graphoph (8% ). in the District Bankers’ Association and | 111s 731 Columbian Carb (16) in his younger days was one of the| ;3 184 ComclCredit (2).... . most active members. He was serving | gry, 7614 Comel Cred 1st (6%) his second year as head of the Jocal| 5," 5 Comm Inv Trust (2). stock exchange, having held a seat for 8 2% Comel Inv Tr war. ... years and being one of the leading " Trpt 8 Paders. . Bo handied the sccounts of | 102% 108 Comc Iy o (ony. . 9 2 omc! cv pt (e6). He was o director in ma};orfix‘uu} 100% 93% Crwith & Sou pf (8) tions, surer of 3 gressional 2% Ce 1 -Nairn Gounltry . Olib, Republican i politics | 30w 23 Gongress Cigars (49 k¢ onsol pr p! . brought him special prominence at the | 15 8% Consolidated Film. . n c] - % Conso . journed today out of respect to his| 104% 101% Con Gasof NY ot(5) memory and a special committee will| 15% 15 Consol Laundries (1) attend the funeral. 1% % Consol Textil Financial District Co ‘. 5 Container Corp Henry N. Browner was irstalled as 8| gy director of the Terminal Refrigerating & Warehousing Corporation at the reg-| g2¢, 47 - Contl Can (2%) ular monthly meeting of its board, held | 161 101 Contl Dia Fibre yesterday. Clarence . Norment is chair-| 12 93 Contl Ol of Del man of the board and Wrisley Brown| 51% 41 Contl Insur (2.40 is president of the corporation. 4% 2% Contl Motor: indicated in yesterday’s Star, total| 12 714 Cont Shar deposits in Washingtcn banks on| 86% 76% Corn Prod (18%)... March 25, the date of the last call, will| 18 8% COty ING..ooscssoses undoubtedly smash all previous records.| 341 27 Cream of Wht (13% ‘The compiete figures for eves 8% 4% Crosley Radio...... the city, prepored by Audley A. P. 2% 1% Cuba Cane Prod age, suditor of the National Savings &| 1% % Cuban Dom Bugar. Trust Co., will be published shortly.| 48% 41 Cudahy Packing (4). The gains made by Riggs National,| 6% 2% Curtiss Wright Corp \Vashington Loan & Trust and Amer-| 8% 3% Curtiss WrCorpA.. 4cen Security & Trust are sufficient,| 41 28 Cutler Hammer. . e Then added to the increases scored 23 18% Davison Chemical. Myer (F E) & Br (2) May be purchased in amounts Sy S el S > aepoity in "L 8 70% Dot iacka s Wa G4 » e Ak from $250 u ~ Newsstand. 102 74 Del Lacka & Wn (4). rom p. ko 195 176, Detroit Edisop (8 8500 Conn. ave.—Circle 2 AEETL B. F. SAUL .CO. [l =& 24% Olamond Mtch of 1% Wisconsin ave. and Ma- “ National 2100 925 15th St. N.W. ‘will relate to business, financial and in- dustrial conditions, David Lawrence be- first Another Northwest 11th and Park rd.—Arm- Jewel Tea (4 3 Manufe % 81 5 strong’s Pharmagy. Johns-Manvilie (3. 139 % 704 73 14th and P sts.—Day’s INVESTORS Kans City Sou (5)... 1 Y " 38% 1135 14th st.— Marty’s Kayser .v!mu- (23%). 38 20 Cigar & Magazine Store. b e A \17th and Que sts—Ken- Kelly-Spr T 6% pf.. 1608 ner’s Pharmacy. 15th and U sts—G. O. Brock. i 2801 Georgia ave.—Har- %o, i FOR SALE: Cor. New York & New Jersey, - ke : gvep. N.W. Two great traffic arteries. o B g ] oned for business. Improved by well rented apartment house. First floor can be inexpensively remodeled ‘into stores. Recommended for dependable liberal in- come, and indicated growth in land values. Georgetown P 30th and P sts—Morgan 30th and M sts—Brace’s Pharmacy. 3411 M st—Moskey’s Pharmacy. 2072 Wisconsin ave— Haney's. Wisconsin ave. and O st.— Donahue’s Pharmacy. 35th and O sts—Sugar's Drug Store. 5104 Conduit rd.—Modern Store. % Island Cr Coal (4) Kennecott Cop (2). . Kinney (G R) pf (8) 108 vard Drug Store. . 2012 14th st.—Colliflower Art & Gift Co. 3401h 14th st.—Bronaugh’s Pharmacy. 14th and Buchanan sts.— Drug /Hohberger’s Pharmacy. 14th st. and Colorado ave, —O’Donnell’s Pharmacy. 8209 Mount Pleasant st.— Mount Pleasant Cigar and News Shop. 1773 Columbid rd.—The Billy Shop. 2182 California = st.—Co- lodny Brothers. ‘Wardman Park Pharmacy. N.Y, N.J. aves. and M st. —Sanitary Pharmacy. 1st and K sts—Duncan’s _Pharmacy. 7th and K sts.—Golden- berg’s (time clerk’s desk) . 7th and O, sts—Lincoln Drug Store. 7th st. and R. I ave—J. French Simpgon. 11th and M sts—L. H. Forster's Pharmacy. 9th and U sts.—M. H. Hun- ton’s Pharmacy. Ga. ave. and Upshur st.— Petworth Pharmacy. 221 Upshur st.—Monck’s Pharmacy. Northeast 208 Mass. ave.—Capliol Towers Pharmacy. 4th and H sts~H Drug Store, 907 H st.—Garren's Musie Store. 12th and Md. ave—Luck- ~ ett's Pharmacy. ¥th and Md. ave—Louls F. Bradley. North Capitol and Eye— Kenelly?.l Pharmacy. 20th and R. I. ave—Ool- lin’s Pharmacy, Wood- ridge. 3500 12th st.—Brookland Pharmady, Brookland. 4th and R. 1. ave.—John G. Biggs’ Pharmacy. Chesapeake Junction—Dr. < F. L Wight, Jr. ) Liquid Carbohie (3) Loew’s Ine (3) Loft Inc Loose-W Loriliard (F) Co. 83% 25% Childs Co (2.40) 25% 15% Chrysler Corp ( 37% 35% City lce&Fusl ( 87% 77% City Ice & F pt Washington District Building WEAVEB_BB REALTORS Collins & Alkman 9 Colonial Beacon Ludlum Steel. MeAnd & Forbes (2). McCrory Stores A(2) Melntyre Pore M (1) McKeespt Tin P(15). McKesson & Rob (1) MeLellan Stor Mack Trucks ( Macy (R H)&Co (ni Mad Sq Garden (60c) Magma Copper (2).. Malligon & Co....... Man Elev mod g (d5) Marine Mid (1.20)... Market St Ry pr pf. .1 Marlin-Rockwell (2) Marshall Field (2% ) Mathieson Alkali (2) May Dept Strs (2%4). Maytag Co pf (3). Melville Shoe (2)... Mengel Co..... Mexican Seaboard. .. Miami Copper., . Mid-Cont Pet (2). Midland Steel (3) EIRST MORTGAGES CAN YOU BE SURE —that your investment will al- ways be worth its face value? Southwest 10th st. and Va. aves= Herbert’s Pharmacy. 316 4'2 st.—Harris’ Drug Store. 4% and L sts—Columbis i harmacy. —or that it is earning the best interest, with safety assured? —or'that your principal will be ‘ man_Ave. {k.‘fé?“yit B ’ 224 3r st.- ewart’s returned in full? Pharmacy. 1905 Mass. ave.—Dupont Pharmacy. 18th and Fla. ave.—Bern- stein’s Drug Store. Fla. ave. and 1st st.—N. Reiskin. North Capitol st. and R. 1. 4ve.—Parker's Phar- mac 17421§a. ave—J. Louils Krick. 21st and G sts.—Quigley’s Pharmacy. £ 25th st. and Pa. ave— Herbst’s Pharmacy. Ga. ave. and Kennetly st. —Lampkin’s Pharmac; 2901 Sherman ave.—Sher-, - EX T PIOE 13- PSP - TeT S O Investors in our 69, FIRST MORTGAGES ARE SURE—with over a third of a century’s record without loss to a customer to fortify their confidence. Over a Third of a N & Missouri Missouri Pac pf Mohawk Carpet..... Monsanto Ch W(1%) Montgomery Ward. . Mother Lode........ Motor Meter G & El. Motor Products (2).. Moter Wheel 1%) Mullins Mfg. A Mullins Mfg pf (7). Murray Corb...ooee Southeast 3rd and Pa. ave.—O'Don- nell’s Drug Store. 8th and m sts—F, P. Weller's . llt}; and Pa. ave—Fealy’s 1907 Nichols ave,, Anacos= tia—Healy’s Drug Store, 13th and East Cap. sts.— Lincoln Park Pharmacy, 2204 Minnesota aVe~ * Twining City Drug Store. No fees in connection with this 5 regular rates are { Century Without a Loss » 3 FOTSIRTR= P TSI S oy Nat Biscult (280).. Nat Cash Register A. Nat Dairy (2.60). 12 874 Dome Mines (1).... comb st.—H: C. Taft. 23% 14'% Domn Stores (1.20) 4231 Wisconsin ave.—Mor- 78% 61% Drug Corp (4 s 107 834 Dupont de Nem ! Br. kPhal.l'l'nncy. 185% 143% Eastman Kodak (18) ark, 359 Cedal 21% 13% Baton Axle (1.6 pely o 36% Eitington-Schild pf 4% 50% Elec AGto Lite (8. 2% Bleo Boat..... 384 Elec Pwr & Lt (1)... o7 Nas Buoaly b 1% Nat burety 18) THERE. IS NO SUBSTITUTE (Continued on Page e = 'FOR SAFETY