Evening Star Newspaper, May 4, 1931, Page 13

FINANCIAL, BOURSE PRICES EASIER. PARIS, May. 4 (#).—Prices were easler on the Bourse today. ‘Three per cent rentes, 88 francs 92 centimes. Fiye per cent loan, ma1 o ane.tn London. 134 ranes 43| 3 4 centimes. The dollar was qumn: 2:‘ francs 5814 centimes. | ' THE EVENING STAR, WASHINGTON, D. C. MONDAY. MAY 4, 1931 ! ,|MARYLAND DISTRICTS ISTOCKS IRREGULAR: *o'sel secumes SALES ARE LIMITED s o v vt s Frederick County and Wash- 228 A__13 'REAL ESTATE LOANS Made at Low Interest Rat TILER & RUTHERFOiD i e e B ) sears, N.W. BOSTOBEOPND || NEW YORK STOCK EXCHANGE ON 000 BODS Prev. Close. Close. 7 T4 22% 21% ‘we! for 3. 5 or 1 1520 K St. Stock and Sales- Dividend Rate. Add 00. High. Low. Federal Screw Wks. . Note—All stock are sold in ene hundred share lots ng those designated by the letter » (80s) (250s) ‘whieh shows those stocks were sold in odd lots. i ~Prev Stock and Saies— Hieh. Sanitary Commission Puts Out New Issue—Insurance Leaders to Meet. 105% BY EDWARD C. STONE. ‘The Washington Suburbzn Sanitary | Commission will open bids on $500,000 | Sanitary District 44 per cent bonds, dated May 1, 1931, to run mmt”n:‘: 50 year: 20 Hiseio 's _head office in the Tower Bull p CPawre teenth and K A streets, Wednesday afternoon at 3 ‘clock. @ he bonds, to ‘be known as Series X, will be issued in $1,000 _denomina- tions, the revenue to be used in water main and sewer construction in ter- 1981 5% Abitibl Pow & Paper 100 Abraham St pf (1).. 2 108 1 15 Adams Exp (1.60) 45 7 Alaska Juneau (40¢) 154 64 Albany Wrap Paper. 1 6% Alleg Corp. .. . 20 35 Alles Steel ($2.80).. 60 Alllance Realty (3) 116% Allled Ch & Dye (n6) 122 AllledCh & Dof (7). 28 Ailis Chalmbers (3). 16%4 Amerada Corp (3)... 14% Am Agri Ch of Del. 36 Am Bank Note (¥3) 8% Am Br Shoe (2.40). 6 Am Brown Bov Hlec. 5 105% Am Can (t5). 145 Am Canpf (T) . 19% Am Car & Fdry (3).. 38% Am Chicle (*3). 5% Am Comc) Aleohol. . 9 Am Encaustie (1) 26% Am & For Power. 56% Am & For Pow 2d pf. 1% Am Hide & Leather. 47% Am Home Pr (4.20) 23% Am lce (3) ey 12% Am International... Dividend Rate. Add 00. High. % 061 16% 85% Low. Close. Close. First Nat Strs (2%).7 Fisk Rubber.... Florsheim Sh A 1%.. Follansbee Bros. Foster Wheeler (2).. Foundation Co. Fourth Nat Inves Fox Film A (4)...... Freeport-Texas (3).. Gamewell Co (5) Gardner Moto Gen Am Investor: . Gen Am Tank Car(4) Gen Asphalt (3)..... Gen Baking (2) Gen Cable Gen Cable pf (7). Gen Elec (1.60). ... Gen Elec spee (§0e). Gen Focd Corp (3).. Gen G & El A (e30c). GenG&EIprA(8). Gen G & Elcv pf (8). Gen Mills (3)... Gen Mills pf (). Gen Motors (3). . Gen Realty & Util. 224 58 31 1 50a 3 S sh‘h 7 22% 58 50 58 51% 20 o) 29 8 26l 19% 30 “ % 5% 60% 22 20% 6 3% 50% - 24% 10% 364 8 26% 18% 29 48 % 5% 60 21% 19% 6% 38% 43% 11% 50% Bl 83 64 4% 99 % | lication over the week end of the Ana- Changes Indecisive, With Ad- vances and Declines Off- setting Each Other. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, May 4.—Swinging back and forth in indecisive feshion, today's stock market mirrored the confusion in the minds of traders. At times the ad- vances predominated and again de- clines were in the majority, but net changes were small in either case, and volume was limited. The feature of the morning trading was the weakness in the copper shares. This was partly the effect of the pub- conda 1930 statement, showing a et of $18,362,275, against $69,115,729 in the pmcedlnxnyur, On a share basis, thif was equivalent to $2.07 for 1930, against $8.20 for 1929. The condition of the metal market today was also a factor. ington Sanitary Area. - Special Dispatch to The Star. BALTIMORE, Prederick, Md., has asked bids on Wed~ nesday for $235,000 bonds bearing 4% per cent cnunom. On the same day $500,000 Washington Sanitary District (Md.) 4'38 come up for award. On May 16 Prederick County (Md) will open bids on $510,000 bonds bear- both 4!4 and 4'; per cent interest. Jocal dealers report a scarcity of Mary] time and believe a good reception should be accorded these offerings. issues of Maryland municipalities are expected to make their appearance scon. A large number were authorized at the recent sessions of the State Leg- islature. Dealers here report demand for mu- nicipals good with the trend of prices | toward slightly higher levels. The com- parative scarcity of new offerings has resulted in reducing the floating sup- ply of high-grade issues on the open market. Money to Loan re nd municipals at the present |/ More new || have plenty funds for | loans on improved Real Es- tate in nearby Montgomery County, Md., and the District of Columbia for periods of 3, 5 or 10 years, Prompt decisions given applications. 515 % INTEREST BOSS and PHELPS POUNDED 1907 1417 K St. N.W. Gen Refractories (. Gen Theater Equip. Gl Saf Rasos Gillette Saf R pf (5 Gimbel Bros. ... Gimbel Bros bf (7) Glldden Co. ... Glidden pr pf (7) Gobel (Adolf). Gold Dust (23%). Goodrich (B F) . Goodyear Tire&R(3) Goodyear 18t of (7). Gotham Silk Hoslery Graham-Paige Granby Conso! A Grand 811 Strs (h1) Grant (W T) (1), Grt North pf (§). Grt Nor Ore (2) Grigsby Grunow. Hahn Dept Stores, Hall (WF) Pr Co (2) Hanna pf (1).v.vea Harb Walk Ref (2) Hartman Corp (B).. Helme (GW) Pf (7). Hercules Mot (1.20). Hercules Powd (3) Hercules Pow pf (7. Hershey Choc (5).... Hersh Choc pf ( Homestake Min (7). Houdallle Herahey .. Houston Of1 5 Houston Oi1 (new).. Howe Sound (3)..... Hudson & Man (3%). 4 Hudson Motor (1) Hupp Motors. .. Illinois Central (4 i Indian Refining. Indust Rayon (4 Inspiration Copper. . Insur Shrs Md(40c) . interb Rap Transit.. int Bus Mach ¢né).. riers (373e). int Cement (4). int Combustion. . Int Harvester (3%).. int Harvester pf (1)« Int Hydre El A (e2). int Match pf (4). % Am La Fr & Foamite 41; Am La Fr & Foam pf 20s 31 Am Mch & Fdy 1.40. 10 14% Am Meta) Co. 101 Am Nat Gas pf. 3915 Am Pow & Lt (21).. 94% Am Pow & Lt pf (8). 13% Am Ra&Std San 60c. 5 Am Republics. 24% Am Rolling Mills. .. 48 Am Safety Razor (5) % Am Ship & Com. . 371 Am Sm & Ref (4 9 1% Am Solv & Chem. 4% Am Solv & Chem pf. 17% Am Steel Fay (3). 110 Am Steel Fdy of (7). Small lots of copper were reported hav- ing changed hands at 9 cents, and the 7214 |metal was being offered at 9% oents, 5 |without any increase in consumer in- 39 |terest. . K Anaconda, Kennecott and Arherican 58 |Smelters & Refiners, among others, 6 ,went to new lows on large offerin 35% | Under $20 a share, Kennecott was sel 11% |6 at the lowest since the 2-for- 37w Bgtfl-\lp and, for that matter, at the lowest since 1921. The best showing during the first half | of the session was made by the motor | shares under the leadership of General Motors, which erossed 42 in volume. The Street expects the regular General Mo- tors dividend to be declared at the next meeting. Auburn advanced scme 10 points and the stocks of the independ- ents generally were firm. Good support was _in evidence for the oil shares, par- ticularly the standard stocks, New Jer- New York and California. ‘Weakness devehgxed in Missouri Pa- cific preferred in the rail list, but the selling did not extend to the general run of carrier issues. Unconfirmed reports that the railroad would petition the In- terstate Commerce Commission for an increase in rates may have had an in- fluence cn the market. President Storey of the Atchison estimated that gross 39 |revenues for that road this month would 8% | show about the same decrease as in 191 | March, compared with a year ago. 37 ‘The mark>t made a much better 16 |showing in the afternoon. Weakness in 8 | the coppers was overiooked, and the list 0% began slowly to forge ahead, not om any change in the trade outlook, but on a1 | the growing conviction that it was over- T 714 | 80ld. United States Steel raliied a point | or more, Westinghouse Electric made a | Suite 5. | larger gain, and stocks which had been | heavily sold last week rallied easily. ‘The beiter feeling toward the rails was evidenced in deflated issues, such as Baltimore & Ohio and Rock Island. 8% | Standard Gas & Electric was a strong public utility, responding to the favor- able earnings statement for the 12 months endl‘n( 'ebni‘"lyll’l ENTERPRISE SERIAL BUILDING ASSOCIATION 7th and Indiana Ave. NW. LOANS ON IMPROVED DISTRICT OF COLUMBI REAL ESTATE SECURITY 66th Serles of Stock Now Open For Subseription Connelly James F. Shea ent Secretary orr ritory adjacent to Lean_ C John Hancock Mutual Wl.fl!lnfiimn. 1}‘1“ commission as peen expanding sewer and water service in_Prince Georges and Montgomery | Counf T years. Th:ht:n{loncybl statement contained ln: the commission’s statement calling for | the bids states that the assessed valua- | tion of these two counties now totals | $140,309,364, and that the assessed val- | uation of the Washington Suburban Sanitary District is $90,864,571. The | o n was created under the laws of Maryland in 1918. The Ponds will carry all the exemp- tions as to taxes of Maryland munlflpll; bonds. The population of the sanitary district 18 now approximately 50,000. Insurance Leaders to Speal An impressive array of speakers marks the program for the thirteenth annual L e et Asciaion lt ia Life Und ters o and the Baltimore Life Underwriters’ Association, which will be an all-day session at the Shoreham Hotel Wiltard D, Barker. dent tfe Insurance Co. | Soscph I: Weler - S AT YOUR A ‘ e R A A PRICE [T P - PP quitabl Co‘Operativ dg. s’n Organized 1879 JOHN JOY EDSON, President WAL: "R S. PRATT, Jr., Seeretary | Subscription for the 100th Issue of Stock Being Received Do You Desire a Loan —on Real Estate or to Take Up First Mortgage? THOSE desiring money to purchase a home, re- finance present indebtedness or improve property should consult us. Applications will receive prompt and courteous attention. Loans Repayable Monthly No Brokerage . . . No Commissions 915 F ST. N.W. W HE space you want, for what yon want to pay. If you need from one to three large rooms that would make from two to five ordinary offices — inspect the low rentals now available in The WOODWARD BUILDING Fifteenth at H Street N.W. '"CARL G.ROSINSKI Realtor ing Representative Phone Nat. 8040. e 2 108 2 . 104 104 w8 % 104% Am Tobacco B (16).. 30 124% Am Tobacco pf (6).. 1 80 Am Type Fdy (3). 1 105 Am Type Fdy of (7). 20s 52% Am Water Wka (3).. 13 6% Am Woolen. .. 21 Am Woolen pf...... 1% Am Writ Paper etfs, 4% Am Zinc Lead & Sm. 26 Am Zine & Lead 26% Anaconda Cop (1% ). 22 Anaconda W& C (1) 24 Anchor Cap (2.40) 10 Archer Daniels Mid. 101 Archer-Dan ptf (7).. 1008 38% Armour of Del pf (7) 23 2 Armour of Il A. 1% Armour of Ill B. SuafavuradBud - s Sun 43 u 4% 100% - BonuSmpnns 5% Asso Apparel (32)... 19% Asso Dry G (2%).... 164 Atch To& S Fe (10). 44% At1Gulf & W 1 pf (5) 121 Atlantic Refining (1) 3¢ Atlas Powider (4). 9434 Atlas Powder pf 8% Atlas Stores (o1). 4 101% Auburp Auto ¢f4)... 152 - agencies, Central T.ife In- surance Co.; Vin- cent B. Coffin, ed- ucational director, Penn Mutual Life Insurance Co.; Ralph G. Englesman, general agent of the Penn Mutual Life Insurance Co.; Roger B. Hull of the National Life Under- 20 Austin Nich pr A (3) 20s writers’ Association, A. R. Jagua. asso- 1 Autosales.. 5 clate editor Diamond Life Bulletin, and 3 Aviation Corpaf Dal 10 W. Kenney, general agent of the Connecticut Mutusl Life Insurance 1% Balomome LT a8 Co. of Boston. President Joshua Evans, 108 Bang & Aroos pf (7). 108 jr., of the District National Bank is 3% Barker Bro: 301 scheduled to make an address at one of the sessions. 8 Barnsdall (A) (1)... The conference opens at 10 o'clock 15% Bendix Aviation (1). and will bring t between 400 and 324 Beat & Co (2) i 3B 500 lfe underwriters of the District of 394 Bethlehem Steel (4). 403 Columbia and Maryland. A number of | 20% Bohn Alum & Br1%. 11 fiduclary officers of . Washington and 60 Bon Ami (A) (4) 1 Baltimore banks will attend and the 64% Borde: (k3).. fiduciary section of the District of Co- 17% Borg. Warner (1). Jumbia Bankers' Association is co-oper- 1% Botany Con M (A). ating in arrangements for th> congress. President Snyder of the local associa- tion swill ide at the momning ses- sion and ent George A. Myers of the Baltimore association will preside | in the afternocn. { Cortelyou Heads Trust Group. Announcement is made by Knapp & | Co., Inc., investment security house, with headquarters in Washington, that George B. Cortelyou, jr., was elected president of Distributors Group, Inec., sponsor of North American - Trus Shares, at the quarterly meeting of the board of directors. He succeeds W. W. Watson, jr. a member of the firm of ., Tecently suspended from th;lre;olerk Stock Exchange. . Cortelyou is the eldest son of George B. Cortelyou, president of the bl e R ol Sl Consolidated Gas Co. of New. York and e T e Secretary of the Treasury, under Preai- | wie lent Roosevelt. ore election he | served as vice president of Distributors | 102, 38 CarClin&Onta (3). 208 o R T R L b A of directors of Distributors Group, Inc., ™ of J. Henry Knapp, jr., head of this 136 Cont REoENS (MY 1 firm, whose Wash office now is 57% Cent R Mills of (1)..1008 headquarters for a number of branches 15' Cerro de Pasco(1.60) 11 in other cities. Other new members | 2% Certain-teed Prod nggted 0 t}ul\;;lrd were Allen Hubbard, s ner o w firm B hman,& Dwlsht, and Tromas Mo- Ak Sy Gowan, Jresident of McGowan, Casidy | 1 Magma Copper (2) White, vestment bankers of Chicago. 4 Sales of North American Trust Shares | for the first quarter of 1931 showed a substantial increase in dollar sales volume over the last quarter of 1930, | and a 38 per cent increase over the | first quarter of 1930, reports presented | at the meeting revealed. | Barker Institute Leader. | o Viliard G, Barker, vice president of e Morris Plan Bank, is just finishing C % & most successful year's work as chair- O - man_of the Entertainment Committee 9 Collins & Alkman. .. of Washington Chapter, American In- 8% Colonial Beacon. stitute of Banking. He is in charge of 154 Colo Fuel & Iron the annual Epring party, which will 30's Col Gas & El 12) . be held at the Columbia Country Club 100% Col Gas & EI pf A next Priday evening, which will be 7% Col Graphoph (a % attended by between 200 and 400 en- 651% Columb Carbon (5).. thusiastic banking students. 15 Comcl Credit (2) The final ex:minations for the year 31% Comel Credit A (3).. are taking place tonight, tomorrow and 23 ' Comm Inv Trust (2). Wednesday evenings. The election of 12% Comm Solvents (1).. officers for next year will take place on 8 Comwlith&Sou (40¢). May 14 and the big national convention 91% Cmwlith & Sou pf «§) s booked for June in Pittsburgh. 31 Conde Nast Pub (2).. Today's Trading on Exchan, $% Conxoleum-Naira... Capital, Traction retained its strength i U b of the past few days and sold above 4 34 again today when the week's trading - iohrhibiing” @ e s ety o e 101% Con Gas of NY pf(6) Three bank stocks appeared on the | 13 Consol Laundries (1) board—Liberty National selling at 150, | et LERR Riggs National at 405 and National . i Metropolitan at 280. 10 Contl Baking A Washington Railway & Electric pre- 134 Cont) Baking B..... ferred came out at 981, Peders!-Ameri- 44% Cont] Baking pf (8)., can Co, common sold at 21 and Potomac 47 Coatl Can (34 . Electric Power 6 per cent preferred at 40% Contl Insur (3.40 113. Norfolk & Washington Steamboat 24 Contl Moturs, Co. moved at 19) and 400 shares of Na- 64 Contl OIl of Del. tional Mortgage & Investment preferred 62; S::;lplr:;-:““’ 7 ) 2 sold at 47,. Bonds were qulet. | e Gleaned in Financlal Distriet. i Cr Cork & Seal 2.40. . Leonard Marbury of the Washington | eel pf (1) loan & Trust Co., who is secretary of 74 Cuba Cane Prod..... the fiduciaries section of the District 2i4 Cubsn-Amer Sugar.. Bankers' Association, is getting a very Cuban Am Sugar pf. generous number of Treservation requests ng (4). for the dinner meeting set for tomor- row evening at the Willard. It i3 ex- pected 10 be one of the bost sectiorm Mmeetings of the year. W. W. Spaid has nctified the District RBankers' Association Sports Committee | that a new W. B. Hibby,Golf Cup will be supplied for the coming cafivention at Hot Sp The old cup, which caused s0 many interesting contests, was won three times by Clyde B. Asher and s now his personal property. Strickland Gillilan, who made such a hit &t the Columbis Country Club din- ner, showed unusual knawledge of the banking business, Perhaps that is be- cause he has a son employed in the National Metropolitan Bank. Mr. Glllilan gave an unfailing rule for successful forecasting. He said al- ways predict the inevitable but be sure not_to give any dates in the forecast. Such information, coming from a “for- mer president of the International Over- draft Association,” ought to cerry con- ciderable weight. N . First Mortgage Loans Lowest Rates of Interest and Commission RanoS-uzmw o Thomas J. Fisher & Company, Inc. Int Paper & Pow B.. Int Paper & Pow C.. & ORI SenEaan int Salt (3).... Int Shoe (3) Int Tel & Tel (2). Inter Dept Strs (2), Island Cr Coal (43 Jewel Tea (4) Johns- Manvill Jones & Laug of (7). Jordan Motor Ca; Kayser (J) & Co (1). Kelly-Spring Tire Kelsey Hayes (3) elvinator Corp. . Kennecott Cop (2).. Kimberly Clark 2%.. Kinney (G R) Co... Kinney (GR)Co pf.. Kresge ($8) Co 1.60. Kreuger & T (a1.60). Kroger GrockBak (1) Lambert Co (3, Leh Port Cmt ; Leh Valley (2% Lehman Corp (3).... SECURED ~HOMES e Myere B 18y TIONS CAPITAL Liquid Carbonic (3). & J Loew's In¢ (3)..... " Loft Ine. ... Loose-Wiles 1st (7). Lorillard 1F) Co LouG&EA (1% Ludlum Steel . McCrory B (2). bt Meintyre Pore M (1) McKeespt Tin P(15). McKesson & Rob ‘1) McKes&Rob pf(3%) Mack Trucks (3). To those who are confronted with home financing problems we offer the competent counsel of over forty years experience in this service . . . First Mort- gage Funde for loans on residences and business buildings in the District of Columbia and nearby Maryland suburbs— three, five and ten year terms. 1 2— (*] Loan Correspondent for * The Prudential’ H. L. Rust Company 1001 Fifteenth Street National 8100 BYSET "ARBSE RS RIE D 1 52 Bklyn& Qu T pf 103 Bklyn Union Gas (8) 32% Brown Shoe (3) 8% Bruns-Balk-Col. 4% Bruns Ter & Ry 8. 12 Bueyrus (1)...... 35 Budd (EG) Mfgpf T4 Budd Wheel (1)..... 21% Burroughs A M t1%. 17 Bush Terminal (2%) 1% Butte Copuer & Zinc. 33'4 Byers (A M).. - 20% Calif Packing (2). 23 Calumet & Arizona. 7% Calwnet & Hecla. ... “Good Times” —afford little test of a bank's capacity to take care of customers’ Invest Wisely in Safe Guaranty Y unfavorable: and The FIRST MORTGAGE Metropolitan has suc- SECURITIES cessfully weathered Yielding many such periods, in 67 the one hundred and seventeen years in which it has been serving the citizens of These conservatively appraised : investments are secured on in- Washington. come-producing _properties right here in the NATION'S Capital. ‘The attractive yield of 6% of- fers an opportunity to accumu- late a steady income. Denominations as low as $100 Monthly Payments 1/ D Send"for Bookiet, “The Suicers Pan" REAL ESTATE MORTGAGE & GUARANTY CORPDRATION 1610 K St. N.W. National 1403 20 206 conditions are 4% Chi M1l 8t P & Pac 7% Chi MiISt P& P pt.. 45' Chi R 1 & Pacific (5). 88 ChtRI&PDPri6)... 90 ChiR & Pacpf (T). 20 Chi ow Cab (3).. 208 18% Childs Co (2.40)..... 17 15% Chrysler Corp ¢1)... 311 7% City lee & F pf (6%) 1108 213 City Stores... . 142 Cocoa-Cola (17%)... Marine Mid (1.20)... Marlin-Rockwell (2) Marshall Field (2ia) Mathleson Alkali (2) Maytag Co. . < Maytag Co 13t pf (6) Mengel Copf (T).... Mexican Petrim (12) Mexican Seaboard. Miami Copper . . Mid Continent Petm. Midland Steel (3).... Min Hon'w Reg (t4). 3 MS P &SSEM isd (4).£208 Mo Kan & Texas..... 9 Mo Kan& Tex pf (1) 3 Missouri Pacpf (5). 6 Montgomery Ward.. 86 Mother Lode 2 3% on Savings 8 89 National Mei’ropolifan BANK Fifteenth Street Opposite U. S. Treasury Cuban Dominican Sugar Corporation BONDHOLDERS’ PROTECTIVE COMMITTEE To THE HoLDERS OF CUBAN DOMINICAN SUGAR CORPORATION FrsT LiIeN TWENTY-YEAR SiNkING Funp 7/4% GoLp Bonps, DATED NOVEMBER 1, 1924: Cuban Dominican Sugar Corporation has defaulted in the payment of the interest coupons which matured on May 1, 1931, on its First Lien Twenty-Year Sinking Fund 7/2% Gold Bonds. Antif:'p:u'ng the present default, the undersigned Bond- holders® Protective mittee was formed to represent the interests of the holders of First Lien Twenty-Year Sinking Fund 7/2% Gold Bonds of the Corporation who deposit their Bonds under a Deposit Agreement dated March 3, 1931, copies of which may be obtained from the Depositary below mentioned or from the Secretary of the Committee, In excess of 50% of the $13,597,000 principal amount of Bends out- standing have already been deposited under the Deposit Agreement. The Committee recommends the prompt deposit of all Bonds. New York, N. Y., May 2, 1931. NELSON STUART, Secretary 22 William St.m: = Nat Cash Register A, Nat Dairy (3.60) ... Nat Dept Store. Nat Dist Prod (2) Nat Lead (8)... Nat Pow & Lt (1). Radiator. at Supply (4). at Surety (5). olsner Brother: ada Copper (1).. N O Tex & Mex (7). 208 Carefully Chosen Be‘fore making available to the public its present Real Estate Loan Plan, the Metropolitan Life Insurance Company carefully studied the advantades of many systems throughout the country. e now present a plan which we believe will suit your very needs. Y Central (6). ] Harlem (5 oranda Mines. ... ort & W Nort & W North Am Avia Nor Am (b10% stk). 109 North Amer pf (3).. 1 North Am Ed pf (6). 2 Nor Ger Lloyd m2.56 1 Northern Pucifia «6). Norwalk Tire & Rub. Qnio ON1 (1). JOSEPH P. RIPLEY, Chairmen (The National City Company) EDWARD N. JESUP (Lee, Higginson & Co.) RAY W. STEPHENSON (Cassatt & Co.) RALPH T. CRANE (Brown Brothers Harriman § Co.) GILBERT G. BROWNE coMMITTER Cudany Pacl Davis, Porx, WarowerL, Garoiver & Reep, Counsel New York, N. Y, Depositary City BANK FarmeRs Long Terms — Reasonable Rates Construction Loans in Any Amount 11% Davison Chemica 67% Del Lacka & Wn (4). 1023 Devos & R 18t pt (7) 14% Diamond Mateh. .... 24% Olamond Mtch pf 1% 8% Dome Mines (1). 614 Drug Corp (4). 77% Dupont de Nem (4).. 143% Eastman Kodak (18) 12% katon Axle (1.60), 5 3l Eltington-Sci 1 45% Kleo Auto L 20 108 El Auto-Lite f (1).. 108 38% Klec Pwr & Lt (1)... 161 #6 Klec Pow & Lt pf «6) 100 Elec Pow & Lt pf (1) Ous Owens ‘acific Gas & K1 12) . Pacific Lighting (3). Pacific Mills. ... 100; EAVER:BRO REALTORS Washington Building Mortgage Loan Correspondent Metropolitan Life Insurance Company Loans made in_the District of Columbia and ‘Maryiand and Virginia e "o The Bonds deposited must be in negotiable form and accompanied all interest coupons maturing on May 1, 1931 and subsequently, and also, in the case of stamped ds, by all urtenant %urd\m warrants. Deposits should be made with Bank Farmers yn-;t %am any, as Depositary, at its office, 22 William Street, New ork, N. P'athe Excharge. Pathe Exchange A Peerless Motor Car. Penick & Ford (1) nney (J C) (2.40). Venn RR (4)......0e 21 B2 53 B2 Peoples D S pf (6%) 208 100% 100% 1001 100% Peop Gas Ch (8).... 3 2224 221 22214 222 Pere Marquette (8).. 2 B2 52 52 2% rolmCpof Ami1) 26 7 7 g1 (Continued on Page 14) District 9486 > ., and upon such deposits, registered Certificates of De- posit will be issued. Depositors should advise the Depositary of the names in which Certificates of osit are to be issued, of the addresses to which Certificates of Deposit are to be sent and of the addresses to be recorded on the books kept by the Depositary and to which notices are to be sent. 8% 50% 9644 2004 5214 ta L e 29 Erle RR24 pt h). 4% Evans Auto Profiucts