Evening Star Newspaper, May 22, 1931, Page 13

FINANCIAL. : THE EVENING 'STAR, WASHINGTON, D. C, FRIDAY, MAY 22, 1931 FINANCIAL, xx® A_13 —_— [} : ' Y We have on hand a mumber of wall CAPITAL TRACT NEW YORK STOCK EXCHANGE ES UNCERTAIN |RALLY EXPECTED [ Reat ESTATE oans ™siza st it st Made _at Interest Rates bearing interest at 7 per : Recelved by Private Wire Direct fo The piar Office. TYLER & RUTHERFOQRD | Aveilable in amounts of $1,000 each SHOWS GROSS GAIN ON STOCK MARKET| 0 BE CONTINUED o I st Note—All stock are sold In one hundred share lofe | -Prev. 1031 Stockand Sates— Pprev. 4 ' excepting t:n::e d:srie;nlked hy the letter s_(80s) (250s), High. Low. Dividend Rate. = Add00. High. Low. Close. Close. P ull.m;.‘ A which shows those stocks were sold in odd lots. ot e ke T TS ool National 00 ;‘Pr!v 11:31‘ Stock and Ma;:;;‘ s O Trev, F.ly:rwi}rw\“"“;ehle“rtn‘zn)’. "x‘: sé:: gi*. 2 . M igh. X Dividend Rate. . High. Low. Close. ol e 4 2 p i s . Figures for April $8,163.12 i T Abint Bow & B 5w S Rm onco. A % i |Situation Badly Confused,|Brokers Believe Yesterday’s | summmmimmmmmmmmmmmsmmmmmonmmomngmm R 52 18 Abitihi P& Ppt e Fox Fiim A (4) 300 164 15% i " i BN THU: Whoap for | ' s, Achaomdtor iy et 03K b 10N O Freepart fesan i3 *54 2% 31 With Both Weak and Improvement Will Last |5 Money Available for Mortgage Loans ¢ 82% 224 Adams Millis (2).. i o2 : s . . See Previous Month. 18 : . 5 19 Gardner Motor. “ Steady Spots. Over Week End. Our Financing Facilities Are 6% Adv Rumley (new). 2 J Gen Am Tank Car(4) 8 57 " Alr Reduction (14%) 1 Gen Asphalt 3. o 19 Really Exceptional . Alaska Juneau (40c) . 2 ien Baking 2 7 [ BY EDWARD C. STONE. Albany Wrap Paper. 3 3 5 Gen Cable 5 5 BY GEORGE T. HUGHES. 7 the Associated Press. E_will take your application for a FIRST Chiouk Db Seating 1mome "o Aié Caplc « Allek Corp. ... 49§ 0. s 30 | gpecial Dispatch to The Stars NEW, SGHE, My 23—8oms brok- TRUST LOAN under immediate considera tal Traction Co. for April totaled §92.- Allied Ch & . o s 39| "NEW YORK, May 22 (C.P.A.) —Weak | €rage houses think the boost given the tion—make i 839.29 in comparison with $84,676.17 in Allis Chalmbers (2). 9 2 . : QLS yn 1800 Il pots. but steady in certain groups, | MATKet yesterday on the strength of 4 as prompt a report as possible— April, 1030, an increase of $8.163.12, it ? S ULEToeE ) (s IO - ; D Rdcomin. 4T | fodays stock market moved uncertainly, | the rails’ rally will carry over the and if approved the money is ready. B crtest vt cipwcially ' view o1 2 Am AErI Ch of Del. - g ' ' ) 75 | presenting a picture as confused as the | week end, although any recovery would _Loans will be made on apartment houses, office the “Reen_ competition from busses and| 38 27 Am BrShqe (2e0)... ! Gend 4 Bl ov pr:ch y B | O e e Rt ot tha plahs | be regarded as only technical. Opin- buildings, residences and business properties in private automobiles btk N : osns| 4 ) Motors (3) .. 38 | of the railroads to go to the Interstate | ions include: Washington and nearby Maryland After all deductions Capital Traction | 128% ¢ _ J 5 c eese & foe Commiaitn for &n incvokss Deoaan ey reported an April net income of $65.- Am Can pf (T)... j Yo 1488 ¢ 9 Motoraai(eN :«;;: u\"“r‘;“\fsc:xmr:fx‘:'?dfiafl for o incroast | iasier, “Vilie' % GorFor, iiie:iteat and Virginia—for 3, 5 and 10 year l 2 o ETTT TR 12330, egainst $57675.63, in ApHlof s oL, A 27 3 el 2 60na | railroad shares in the Inte trading on | few sessions the market as & whole has periods—and for only ............ ast vear, an increase last month o gty b E: & Ut 3 Thursday and brought some additional | been showing ter resistance, al- B $7,447.67. ; $ Am Bneaustic (1) A ety o buying at the start foday Most of the | though declines in individual issues RANDALL H. HAGNER & COMPANY Operating revemues showed a decrease b dibi il FER 4 7% 33 lefractortes (4) 3 35 5 active issues gained a point or two in|have been drastic. The bear picture MORTGAGE LoAN CORRE: # of $8.961.14 over April, 1930, but oper-| (0 i AR ARG BL I ). g 7 n Theater Equip. . the first hour, but there was no Tush!ncw is so complete, the decline in SPONDENT ating exp:nses were reduced at the same | A : . 56 3 21 fette'Sar RRGDr. . 185 4 3 to cover on the part of the shorts and | prices &ince ‘late February has been / % (7% 4 G time. being ' $242,563.48. against $260,-| g At 10e¢8) 3 6: at Rpf (). 3 7 no volume on the advance. The street | o drastic and the defeatist psychol- Lewr. 7 2 60264 » vear ago in Aprll e : b : 4 Gimbel Bros 54 'a | wns skeptical, not as to the justice of | ogy in the Suieet s & thoroughly estab- 1321 C TR g passengers carriedson the » 2 . & 3% 18 . t dden Co. .. 914 | the demand or as to the possibility of | lished that & temporary change in the i Capital Traction lines during April to- A0 I tbmL % s den pr pE (7). 5 22| Some relicf being granted, but @a to| price trend is in' order. We are in- ? S Decatur 3600 taled 4,0851488; In comparison ‘with. & ST L ; i iy i e e o ey e Plined 1o discourage any additional | o0 A 782964 in the corresponding month a| gy R Al am 34 33| 42 28% Gold Dust (2 9 A disturbing note was sounded by the | selling at this time and believe that year ago, a decrease of 597,481 $4 AL Mich U, B p p i > i atg | president of the United States Steel|profits on the short side should be pro- - — = Comparisons for the first four months Py 74 Am Metal Co. i 1 1 2 E 3 h (B F).. 2 Corporation at the semi-annual meet- | tected, R 3 J. ~ of the prasent year are equally inter-| go A Nub G L. 10 2 244 Goodyear Tire&R(3) 3 9 |ing of the American Iron and Steel S - esting and important. Operating rev-| gee 30 Am Dow a Lo 3 1 : nSilkHoslery 2: 9 .9 9 Institute, Jackson Bros, Boesel & Co.— We . 9 S e Opsting Teve Am pow SO st ian o P18 0 vear aen 2 parre was| e 0 1o v tont » cenie v | || Equitable Co-Operative ssn i“;‘“”'”- but at the same time operat- A Fot ATLDE 18): 96 96 96 @ 3% Graham 5 quoted, “that if the price situation con- | in commodity prices must be seen be- . ng expenses were reduced by $48,833 2 Ami Ra&Sta Sah 806, 12 2 3ra ® # tinued as it was then most steel com- | fore a sound foundation for a new - or from $1.018.045.04 in 1930, to $969.- | 315 e o \ 1 p and § : b panies would mot earn their dividends | bull market is laid. We also hold the | |' Organized 1879 3ist YEAR COMPLETED 571.89 in the first four months of 1931. % Am Sm& Ret(4). .. 3 | 18 )% C 5 8 on the common stock. I tell you that| view that silver is the crux of the JOHN JOY EDSON, President ~ WALTER S. PRATT, Jr., Secrefary N;r‘ghaxl operating incoms during_this At So)v & Oher 20 2 46 36 G Un Mmos steel companies wili rot earn thelr | commodity situation. ! Sibd s Gen aikos T ab e £ Stadt period is reported as 293.780.29, ]85 3 F 3. s a%| @cant (WT) (1), 3 4 | dividends on the preferred stock if the 2 scription for the i i $287.384.55, or an increase of $6.285.74. | 113 : 106 1 1 Grt Northpt (5).... 15 : situation continue: Redmond & Co—There is as yet no P st lssue of Stock Being Received After all deductions Capital Tra r . : Nor Ore (2) p 21% 3 on r on of conditions in | s A | p 2).. 5 s o S I | assurance that the necessitous &n Ports & fotal net income for t r 9 , | 7 t Western Sugar the industry, United § Steel stock. | giccduraged liquidation has been r:md- ‘ months of $177,197.62, agaivst $174, < Am Tel & Tel (9). 7 3 17 5 ¢ 3 st Sug pt (7). 3 3 s 83 |which had rallied above 101, sold off | nyeteq g o et o ds o e 221.64, or an increase so far this year | sof Am Tobacco (1€). 11 0 9 3% 3 3% { for a loss on the day, and vet the de- | BGitt, o0 Tall¥ from s level | 18] D Y D 4 I of $2,975.98 : e e 3 1 3 it States Steel. 3 15 141, | cline was not abrupt hor large [k o, st G A ] (0] ou €sire a oan | —on Real Estate or to Take Up First Mortgage? THOSE desiring money to purchase a home, res 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. The company has carried 16,12 3 2 Am T 3 B 5 St Stl 1st of (7) b5 Copper stocks were weak, with Ana- | 1 npan) 2 16,126,005 | 1; Am To ot (6).. 3 ;181 1 stocks wer 3 icture which would warrant anythin Tevenue passeugers against 18,698,796 in 5 v ¢ 5% Hahn Dept Stores & |conda acutely weak. Anaconda was sold gm a technical recovery at thx.(nmp‘.z the same four months in 1930, a de- " 2 Hahn Dpt s 5414 | DOt alone on the price of the metal| consequently, we continue to urge cau- l crease of 2,572,701. The important point 21 Am Woolen pt...... 19% 12 Hall (WF) Pt Co (2 1+|at the lowest in history, but on the e 3 in the report is that in spite of the fall- 26 Am Zinc & Lead pf.. 89% Hanna pt ivl)r. e - 312 | possibility that the predicted “"‘gc‘"fl ::-T;Lxmar&ge Jf‘&kd‘"‘fam‘l'.rf“:m-’"l?al'lfi. ing off in revenue passengers and the 24% Anaconda Cop (1%). B68 251 23! % % 8 Nmen ooy, 1 8 #13 | would involve omission of the dividend. | jative purchases with stops just. be- consequent slump in operating income, 2115 Anaconda W & C (1). s 210 4 4 Havana Elec e Allled Chemical continued its descent oy the recent lo the company has still increased net| 3 Anchor Cap (2.40) 20% 204 20%| 2 % Hav Hlec Ry pf I to new low levels. Other high-priced 3 earnings over the same period last year,| 19y 'n Andes Copper. ...... 1 S . AR Bty s 3 3 stocks which had been been under| Wornblower & Weeks—A rally is largely by reducing expenses. 3 15 Armour of Del pf (1) 5 Hersh Choc pt (15) 14 | Pressure in rec sessions rallied early | eertainly overdue in view of the ex- Capital Traction now pays $4 a year Armour of 111 A. 2 2 2 91 Hollander Sons. 1 14 |in the day, only to react later, tended duration of the current down- dividend. The figures show that the 1 Armour of Il B... 4 Y A 26 Holland Fura (12% ) 5 3 A strong spot was J. I. Case. Di-|gswing, and we would look for it to dividend has been more than earned so % Armour of I . Y 5 15 Homestake Min (17). 5 rectors had declared the regular divi-| carry cn over the week end. far in 1930. In the past three or four B 9% Asso Dry G ’ 2 b 2 % Houdaille Hershe, 5 £+, | dend after the close Thursday and the | === = }l:;eli;em)ce;lrurtn}ém‘ln.s(;) above the low | 9 85 AssoD G 1st pf (6). 941 g 55 Household Fin % 501, | sck Tallied sharply today, up 4 point: year, he bonds have also| 203% 1481, Atch X 5 54 i ousto 6 |at one time. ] Lo 2 [hihven Wiuiarcably sricre| FReneti] S a . i ol 5! 5 e el e ¢ i R Inrun“im'\";(:lrnmr‘\r:ng Money on Hand to Loan on on the Washington Stock Exchange. 120 \t ast 12 9 g 90% 1, g . 3 n_ to respond ickl; ! 2 At this time last year a good many ; . : B o og tavorapte. o o> *(} First Deed of Trus Cnp!‘;;al Tfimt]mn stn(}:{lloldrrs were | 9974 A Powder pf (6). 5 7 7 i E S 3 came into General urged to sell their stock and buy cer-| 29515 101's Auburn Auto (f4)... : e ot vas well absorbed. The ¢ l tain common stocks on the New York| 6w & Aviation Corpaf Dal E ). B Bbl B 3 | utilitie ted irregularly with the 00 nterest Exchange. It is worth noting that . t 2 E rest of the list. while some of the New York stocks The market dragged along indect Reasonable Commission and have held up well, others have dropped P e L e 5 et e L sjvely in the afternoon. General Ele Prompt Replies to 'more than Capital Traction, and some Bang & Aroos (376) S tric declared the regular dividend on | Applications have cut dividends and others have Barnadal} (A> (1)or. 58 % ki B GE).5 " S, % 9 |its common stock, but. the shares omitted them entirely 3 e ity is0s . 18y 2%4) hardly moved. Wéstinghouse Electric JAMES F SHEA D. C. Insurance Off 9 Per cent. seatrice Cream (4).. 2 < 5% 6 : ar Del 40c. 6 ‘ 5 Bt LR o BN % Life, insurance sales in Washington o St et S . ey 2 | directors. Copper stocks were still un- 643 Louisiana Ave. N.W. in April fell off 9 per cent from April, ) = 3 ieHlsrept. 2 der pressure, with Calumet & Ari- 1930, according to figures just received e s e 1 D e . . 31 | zona 'at a mew low, Beoples Gas, one — 3 3 Be ehem & . B By » 1 t riers, Ltd i0c, % 7 = . 4 ko M ) . from Hartford, Conn. Sales, for the DR oy o8 i %] of the two surviving betive members of Money to Loan whole country averaged 16 'per cent 301 29 4 * » Borden Co (k3) 2% nt C us the 200 Club, slumped 14 points and | geeured by first deed of trust 1 R Dhan 18 Se same mputh . yonr Borg, Warner ( 5 3 5 t i b 1 15 | the other, Auburn Auto, ruled lower Frevalling. interest and: commivmiont ' ago. The curve, however, has turned | ) o Bdtio B o e 15| 60% 44 rvester (234).. 6 p ¢ *|Air reduction and Eastman Kodas | Joseph I Weller g2 wa: upward. made new lows Delaware was the only one of the 48 et 5 L R ¥ ! tar s show of weak- | fas — S— WE have plenty funds for oo 24 28 2 s in isoleted lssues, the general list | ] Match pf (4) ‘ Y b | niffected. Tnited: Blates: Btae ENTERPRISE SERIAL loans on improved Real Es- States to show an increase, 4 per cent. I kel (80c) - bbb Amesican Telephene and the raiirond | RBUILDING ASSOCIATION tate in nearby Montgamery County, Next in the list came Massachusetts, nt Pap & P p 20 shares were firm. Southern Pacific re- with 1 per cent lass. Indiana had a 3 : per cent loss and Virginia followed with ; - Gl oAt Bt erctina, were just Bruns-Balk-Col. . ..] Int iy’ Cen A pf ¢ # 3 Iported for April a drop of 84600343 (] 7th and Indiana Ave. N.W. Md, and the District of Columbia belgw (e District ot molmbia, both 2 Bucyrus (1). 3 Int Salt (3) % p : in gross and a loss of $1,591,331 in net, for periods of 3, 5 or 10 years, yeporting & decrease of 10 per cent 7 Bucyruscv pf (214). Int SHVer pf (7). .a. so1g | DUt the market seemed hardened to P aksiat i licati Toalirance business 10 "AMrylana was Budd Wheel (1). Int Tel & Tel (2). 7 p poor earnings statements and con- rompt decisions given applications. 2 t " b + Bullard Co...covense cerned more with the hope of rate re- R N e ent Bulova Wateh (1%4)+ AL 2 A i| Yot Low-priced stecks in many in-|jON IMPROVED DISTRICT OF 38 per cent Burroughs A M t1%. TR e 45 3% | stances showed independent strength. COLUMBIA REAL ESTATE Butte Copper & Zinc. bl o SRR B b 85 all money renewed at 1'% per ce SECURITY el Ay ; in the outside market loans werc SR Sectes of SIS Now O REST business, Nevada stends at the foot | 15 (6). 50s 1151 % rranged at three-fourths of 1 per cent, | e sy, BOSS and PHELPS of the column. mew ipsurance in that f Packin, . )ive 2 3 3 h the supply large. » NU‘;:D“I’I’;"‘I . State being off 59 per-cent over April, | | 4 Calumet & Arizona.. taduRy) (al03). B B 3 (Copysight. 1931) James E. Connelly James F. Shea JQUNDED 1807 1930. It should be kept in mind that| Calumet & Hecla. ... (Iys Préstdent Secsetary, Loan, Correspondent normally heavy. The first four months Canadian Pacific 1% . 2 « % § 3 Y of 1931 reveal an average decline for Cannon Mills (1.60).. 2 ) 2 ; f{r( orp. .. 42 1 NEW YORK, May 22 (#).—Over-the- the Nation of 17 per cent 914 Capital Admin A. 3 . O I 4 counter market: Bethune Heads Underwriters. Cap Admin pfA @).. 3 3 “ 29% ety (5 S P e % 1 9% | sl i i , was elected president of the Dis- 244 Cavanaugh-Dobb g 4 . 3 4 A"BCTr nrs series B t‘fi’g of ‘Colitable " Tife Underwriters | 514 Celotex ¢ i 1] e - 215 4 & Qop Qe o Association for the administrative year Celotex Co pf. 2 | Am & Gen Secur 33 pi He sudceeds John H. Snyder 1 2% Certain-teed Prod 3 ¢ 1 3 |Am Compoatte’ s Benefit Life Insurance Co. of New Je Checker Cab Mfg 1 . P s jan 5 44 sey. 2 Ches & Ohio (2%). 3 A % v o £ . 3 2 [ P Am der t Philip L. Baldwin, Northwestern Mu-| b Chesapeake Corp (3) 3 3 3 V' Leh Vall Y Am Foungers cony 300 f weeee BANKERS ROLL TOP Paldwin Loco (1%). & #5% Ealdwin Loco pf (7).100a -~ oSl S s & Strat (2) Brockway Mot Trk.. Bklyn-Man Tr (4)... n Tr pf (6) w BB Bl West Virginia is way down the list, - with a drop of 30 per cent in April | Dt e ot 3 - g ¢ B dalsl <ot Alb-Or pt (7). ! John Hancock Mutuci Life Insurance Co, these comparisons are made with a Camp W&C Fy(1). : : 4 3 period last year when sales were ab-| 4 Canada Drv G A (3). Frear s : 1 3 INVESTMENT TRUSTS David S. Bethune, sgepcy manager, | 131); Case (3 1).(6)...... 8 ! 3 (S8)Co 160, 24 2 30 | A's’E"ri "Enrs series D Equitable Life Insufance Co. of New Caterpillar Trac % 2% 24% 3 28 Krevge (SH) COLEs. 4. 264 .26% 2 jan ot = 1931-32 at a meeting held Cerro de Pasco(1.50) ; 6 A Bot® Cont’ B » tual Life Insurance Co. wes advanced| 11 Chi & Alton pf. .. ; ;i Leman Corp (3) % 8 : g T S R ; 8 B DT ity seiea] Chi Great Western 515 ! Liehn & Fink (3) p : Am Ing ‘Stocks....... l..ll ; o JR. BANKERS FLAT TOP Paul/D. Sleeper, Actna Life Insurance| 264 183 ChiGreat West pf... 1 | b Ow Ford Glass, . Al Th e At EXECUTIVES Co.; J. E. McCombs, Mutual L £ 4'4 Chi Mil StP & Pac Sgpen & Myer (1), 2 T3 R R - SECRETARIES DROP HEAD Chi Mil StP &P pf.. - 5, BTN second vice preside 1 5 Chi & Northweet (4) Daniel J. Harrison, Massachusetts Mu- 5 Chi Pneu Tocl tual Life Insurance Co.. was elected | Chi R I & Pacific (5). secretary, succeeding Alton G. Grinnell, | Chi 12 1 & Pac pf (7). #¥ew England Mutual Childs Co (2.40). ... % Co. George B. Farquna 15 Chrysler Corp (1)... Life Ipsurance Co., s 1 27% 20 City Ice&Fuel (3.60) C c All ‘& Pac_conv.. All & Pac pf war Bankers Nat Ir . [ £ | Bansicilia, Corn .orillard «F) Co... 3 5 asic Industry Shares British Type Invest SRR R ey e ! v SINGLE PEDESTAL o Yabess Bl 35 Experienced Service WALNUT Biore Shi Owners 11111 “igs 1 7. 2 MAHOGANY DOUBLE PEDESTAL Chartered Invest ............ Yy B(2)..c00. B 3¢ 9 h : s X Forty Years! re Porc M (1) 201 ? treasurer, luett-Peabody (3). Gleaned In Financial District. George L. Starkey, president of t National Bank of Washington, is amo; the recent visitors from Washi Atlantic City. W. W. Spaid of W. B. Hibbs & Co in New York attending a meeting of PR wlenelexRenkathoRa ; ca-Cola A 13). o THAC A Akensi olo Fuel & Iron.... T >, o o1 (2 pt Tin P(15). 1 e The ‘National Permanent “0l Gas & El (2) ...+ gtk 3 c s i . o Gas s Bl D Kesgon & fob 1) \ 3 i ST Let Us Submit a Complete Scaled Lay-Out ol Gas & El pf A (6) Kes&Rob pf(314) & long "vears of practical ex- » ‘olumbia Graph 56¢. M 10 6 Moliellaf Btore b n & Poster Inc B .20 1000 en whose sound i i i : : MeLellan Stores.... 2 6% 6 Srum & JoRat DO B T e tative Including Floor Coverings, Curtains, Furniture Association of Stock Ex | an SMELCEAC D uss 8 ! 3 : D 43 4 3 | Deposited Bank Share N ¥ methods assure you safety in ©f which he is vice pres Comm Inv Trust (). 2 2 . - G : 2 g > Felcome Sou as @ member. BUSINESS FURNITURE—FOURTH FLOOR RFAR Edward J. McQuade, pres ! Comm Solvents (1).. 3 G 1 ' iversified Trustee Shrs poie-d Z Liberty National : o Comwith&Sou (40c) . 102 s . 2 0 K 5% | Diverunca Trustee Shes 11 43 Open Daily, 9 to § monthly the % Cmwlith & Sou pf (6) 1 Saturdays Until Noon Linotype fork . 6% Congoleum-) t 8 g iy 3 ;f‘, 4 Vs Giiik f R eer a direct; 27 25 Consol Cigars (5). k: 32 i = Nt . tional B e i | £ 17 CRSCIRL g [ 8, wei : PR . M. Moses & Sons Ciub are hoid reir ing Consolidated Filr 2 5% . e A i and elect] of i on 18% 13% C Film pf (2).. 1 14 3 o S - - X sl ection ¥ onso) Film pf (2) 4 : t v Sy 4 : imeniai 7 Shis . NATIONAL F Street at Eleventh and evening at the Manor Club. 0% Consol Gas N ¥ (4). 159 91 20 Mathieson Alka c exchange session will | 105% Con Gas of NY pf(5) 6 D4t 10 i, | o e by : - : 3 *onsol Textile. .... 6 8 s 5 A 1 1 Tr Shrs.. slumb Carbon (6) .. 6 7 McLellan St pf A (6) 08 of & Century “ontainer B 27 4 . b i, ety 3 Gen Manage , onti Baking of (8). 55 504 52 51 5 A e A 2 S 2o th BUILDING ASSOCIATION ittty > 7S 1 Mid Continent Petm 14 | Investment “Trust Associate o cx UNDER SUPERVISION OF U.S. TREASUR opened eckson & Curtis I % board at an a c a point. 1 52 6 orn Prod pf (7) i : sour Pacific..... 16 2 Sl Leaders of Industry C.... 10 shares o j Coty Ine A e HEI 2004 19 ow Phced B L YOU CAN INVEST--AND Potomac Electric r 3 Crow : 2 y Ward.. 160 19% : A Wi TRves 3 dividend at 110%. C rental X e 2 A 28 ot s 2 5 8! 2 id at 115 and Mergent . LT TrTerD 3 o . ; : kT Bhes SECURED HOMES Bonds were in fair demar V3 v 2es = 5 7 Myer (FE) & F B 3 E 39 Old Colony Invest, Trust 9 * ington Rallway & Electric issues ap- 2% Curtiss Wright Corp 4 8 W 4 o (80c) 2 b [ 5% | Petroleum Trad A Recent Dividend Declarations. | e Vavisn ol ol e e, b is fully secured by improved Wash- lected Am Shares of 50 cents, pay: 1 ! you'll agree 6% is a generous re- Co. has declared 13 %7y Dome Mines (1), " b1 nd _Collat_Trusteed Guaranty First Mort= Super Corp of Am.Tr Shrs B guaranteed by this “ontl Dia Fibre (1) 1 ! : ; IRt Sectir Gorp Am %7 pi..t L 949 NINTH ST, NW. e it o o 1 fidland Steel (3)... % Investmt It of N g hands at 7 C . : . B i & Te A 3 eaders ndus! . hare ot e " “orn Prod (1314). L s o e J jorders cof Jooumy 30 shares registering b My 27 Creamo o wk Carpet..... 1 134 1a% 134 13 st i FORGET ABOUT IT, pu:!h‘r;‘td 5.mld at Aend o 3 cible Steel. # 3 g | 204 2om i th ] 1 a1 mmvest Trist A s e Hysed . - rod. ... 5 5 when you place your money in our Rk g i b Cotn ARSI ang 22 | B Yl e o W Be ShIEE SatdBent ol g NATIONS CAPITAL U5 TR — ington Gas, Potomac Power s e 15 : e TR , Qid Colony, Trust Assoc for there. is no occasion for worry; pearing on the board. Prices were little e i b ot \ . R Eita 1 Power & Rail Tristes Shares 4 o and no risk of loss. The principal changed. e b 210 21 3 Lt Nat Biseutt ( i 67 68 i Bervice Tr Bh. ool First Mortgage P P The American Stores Co. has de- ST : ebt Store 314 | Secohs, e Gorn 850 18 B : Securities Over ¢ Third ~ington real estate which has been clared the regular & 3 . 5 . ) t Dept 1 8 ! 4 2 i 3 e g Dl Tacka & Wa (0! 5 7 4 7%, 80 29,2 it ' 4| Selecied Jieome BhiTl 1 That Are Safe, Sound conservatively appraised—and The American Tel R o i 1y 3 and Profitable idend r share o com- 4 iy 3 i 2 2 26 % vest Co ; turn — especially when you can o slock, pAVRDLe JUNY 55 1o Soek 01 | 115" Corpl) .t B TH. T 1l 7 25 ot Bewnehr s s | ik, St e 6% wose Sectitien”chak Without a ShEeTa e e eoage. 00, - hias e | Thow 137 , Eantman Kodak (18) ol per Corp of Am Tt shrs © A i - count upon it definitely and con- = ‘ - 0 or . 4 corporation are a safe Loss H sl 60/0 and sure method of tinuously. regular quarterly divid s | 1 laton Axle (1.60)... 4 12 2 | 24% a5 N e 16 J ust Shrs of Amer c Auto Lize (8) o 4D 464 | e B 2% Trustce Biand Invest Shis D loc Boat. .. 2 A 10% Newton te 104 Trustee Standard Ofl Shrs A of record June 10. s lec Pwr & Lt (1) 3 34 K o 2 2's N Y Alr Brak: 14% B Trustee Standard Oil Shrs B, General Baking Co. declared the| Y& 86 Elec Pow & Lt pf (§) 9 « 3 2 Y Central (6)...... 149 88% 86 Trusteed” Am_ Bk 8 regular quarterly dividends of 50 cents | 108% 100 Elec Pow & Lt pt (7) ! 3 16 { Y & Harlem (5) 708 W68Y; 162 2 6 Twooyenr Trust Sh on the common and $2 on the preferred | 66 50'% Elec Stor Bat (5). 5 947 634 NY N H & Hart (6) 73 Twent Century Fixed Tr Sh stock, both payable July 1 to stock of | 4% ~ 35% Eng Pub Sv (2.40) G 85% | «+ 110 NYNH&HDpt (.. 112% 2 Unjted Pixed Shrs yecord June 20. 4 - United Founders 1-70th’ com. Directors of Loew's, Inc., have de-'_’ % Prie RR i 3 E il % 1000 N Y St 6 05 5% | United Bank v . ulating tead) & £ hoome. and_ offer an | May be purchased in amounts ive, arying 60/0 SHeia ot [] ‘;ne:‘ cent | from $250 up. terest. | 9 | Denominations as low as $100 | Saeosuuoeces! FFE SFTIIEE Lo 3 a Office g 5 3 2 . 5% N Y Ont & Western 2 6% 4 United _Ins Bhrs. . S & British Tit Monthly Payments {f Desired clared a quarterly dividend o ents | 4 , 5 g o Noranda Mine 3 . is (U 8 & British Int Ltd B a share on the common stock, payable | 7% 5 A X 3 4 5 5% ) 1 orth Am Aviat d 3 . S British Tnt Lad 53 Bil. June 30, 1931, to stockhclders of rec- | 1 Nor Am (b10% stk). 119 68} 6 Elec & Pr Snis A : b. ' : Send Invfi;:;g;;;;;' Plan™ B 5 F : S A U L C O 3 1931, | 2 \ 4 rth Amer pf (3). ord June 13, : P 2 ? 20% r ey 5 B55 56 fves 5 | il £ 1e One of the most important dividend ’ nz60) i ¢ 102 Norih Am i pf (67, 05%5 10 0 ! X HfllTfiAfiE&GnAm‘l’Y National 2100 025 15th St. N.W. declarations of the week, from a local | ? (64c). 208 Tl T Twl 60 301 Northern Pacific (8) ; ‘ int of view, was the Mergenthaler | 104 854 Kilene's pf (6%).... 60s 10215 1024 102% | "oy, 84 Ohio Ol y CDRPDRKI'IDII jontype disbursement, the directors| 19% 13 Firestone T&R (1), 2 17 16% 17 164' 5w 2 Oliver Farm " Tresalting Bates I votm quarterly dividend of $1.50"' 63 b6 Firest T&ARpPf(8)., 1 b8% bEw 6B 68 26 134 Oliv Farm Eqpr pf.. 13 " jon ‘of Your Avpiication ||| 1610 K St. N.W, B July 30 to stock of 66 41 FirstNatStrs (3%).. 2 49% 46% 40% 484 _— National 1403 - 3 L bouM it FISK RUDDO cmemena [ T . W . W ¥ T . (Continued on Page 14 . L ERASRL g : T o e e