Evening Star Newspaper, June 19, 1931, Page 13

FINANCIAL, THE EVENING STAR, WASHINGTON, D. C, FRIDAY, JUNE 19, 1931. FINANCIAL. A TRONGISLIEHT |~ NEw YORK STOCK EXCHANGE | |STOCKS IRREGULAR | [Washington Produce] [ 5 CAR WASH Received by Private Wire Direct to The Star Office, Progressive \ yyButter—One-pound. prits, 281%;tub, :: Auto Laundry e hundred share lots ~Prev, 1631 Stock and Pprev. | L - 184203 . 1438 eving MWW, ‘ UN D. [}. [XBHANGE D ik ees 0 Semated by the tetier s (808) ). - e o Cov atw celpis, 1035a0T. i | T WG] o5 o ; REAL ESTATE LOANS Made at Low Interest Rates TYLER & RUTHERFORD ~Prev. 1931~ Stock and Sales— rev. 25:‘: 22% iy Kbt iullii. B Sun., Holidays, $1.25 High. Low. Dividend Rate. Add 00. High. Low. Close. Close. - unds and over, 35a36; 2 to 3 pounds, 10% 36 Abitibi Pow & Paper 3 Ot b b4 4% 2a33; smaller. $8a3 — 3 2 Leghorns, large, List Hardens in Last Hour 24a35; small, 20823; bens, large, 200227 || Money on Hand to Loan on "esse g After Downward Trend |o%, (0%, Orcss e s, S pommas, (| First Deed of Trust i o b 8 3 3% 18y 9% 2% Gen Realty & Util... 1 3 3 3 Potomac Electric 5 1-2 Pre-| 23% 11% AdumsExpress (). 4 13% 13 10 5081 700 50" Genna Utpt(osh.. 1 84 34 34 2 1 Exp pt (6)... 108 139« ;3\: :?r';t":du:xplgnf'zm 46 7 76 76% 76%| 16% 3% Gen Theater Equip.. 56 4% 4 4% 7 ferred Up One-Half Point. | “204 ENTERPRISE SERTAL BUILDING ASSOCIATION 3% 12% 18% 12% | 38% 21% Gillette Saf Raszor. Alnska Juneau (40c) 189 1% 1% 1w 2| el G GUISHS A RO 1% - Al Aliag Carp..s-ciees e : ) . 5a36; Leghorns, large, 28a30: small 7th and Indiana Ave. N.W. 2 2 61 264 264 27 7% 4 Gimbel Bros, < %ok B OW B ; , large, ; small, . N.W. Other Issues Off. . O Al D ety 65 114% 112 1134 113%| 16% 7% GliddenCo. . 2 8% 8w B4 8% During Day. 36427 hens, large, 24az5; medium, 248 Interest 126 121% Allled Ch & Dpf (7). 1 128% 128% 123% 123 9% 4 Gobel (Adolf) 26 6% 5% b% bW 25; Leghorns, 18a20; roosters, 17al8; 0 I OANS ducks, Long Island, 23a24. Allis Chalmbers (2)., 17 23% 23% 23% 23u| 424 21 Gold Dust (2% 23 26 25 28% 26 : : v 5 5% 15% 16%| 20% 8% Goodrich (BF)...... 2 10% 10% 10% 10% 2 Meats—Beef, 12al4; veal, 14; lamb, el s btk b b Amerada Corp (3)..- 4 0% s 3m4 38 0 O2% 30% Goodyear Tire&R(3) 45 34 82 33 33% T GRS oo T e T promot Repies 16 " ogdfllfilflxagzgts{'g!l?;fl?r Stock Exchange today 's 8% 31 8% 8w | Special Dispatch to The Star. 19a20; fresh hams, 17} 6% 3% Graham-Paige. Potomac Electric 315 preferred stock Am Banis Note pt (3) 608 e e - pr e g e | e DA L £ 2o S Lalf pol les of 8 shares 4 Am Beet Sugar...... 2 iranby Con Min (1).. , June 19.— sag , 12; 2 , : was a Lalf point up on sales o Am Br Shoe (2.40) . 1 26% 14 Grand 81l Stre (h1).. ging to new lows on the currert reac- [ Smoked shoulders, 12; strip bacon, 21; th Scries of Stock Now Open at 111 after call. Commercial National Bank sold 2 points off at 215. Georgetown Gas 5s went at 1031:, & fraction off, and Lanston Monotype dropped off' from 90 to 89 on two sales of 10 shares each. Frederick P. H. Siddons, sccretary to the American Security & Trust Co., re- turned to Washington today from the annual convention of the District of Columbia Bankers' Association at Hot Springs, Va., on account of the sudden death of his father, Judge Frederick L. Siddons. The young banker held the responsible post this year of general chairman of the Convention Commit- tee and is in line for secretary next year, the officers moving up to presi- dent of the association. The secretary of the A. S. & T. Co. has held several posts in the association, including chairman of the fiduclary section, chairman of Commercial Trade Activi- ties Committee, chairman of the Pub- licity Committee, chairman of the Pro- gram Committee and this year, in ad- dition to being general chairman of the Convention Committee, was chairman of the Protective Committee. A report of this latter organization was to have been submitted to the convention today d, 1 i ., tion, today's stock market hardened in | igy " Pults 10; packages, 11, o o5 the last hour and left off with unim- |light and medium, 7.00a7.40; pigs, 7.00 643 Indiana Ave. N.W. portant net changes. a7.25; loughs, 3.50a5.00; calves, 4.00a 7.00; Spring lambs, 5.00a8.00. —_—-—m — The rails suffered the most during| “pruits—Watermelons, 55a1.00; can= | SISO ARSI the selling and the utilities the least. gnloupeas‘ jumbos, 3.25a3.50; standards, | = olls » .75a3.00; ponys, 2.50; flats, 1.50; ap- il were steady all day and one or two | ZT082.00; Penys, 2.50: fate, 1.50: 46 Money Available for Mortgage Loans industrials consistently higher, but the | ghereies * California, 1.50a2.50; home- rank and file of the list was under|grown, 3.50a6.00; piums, 2.00; apricots, Z > 50 3" applying to us for a First Trust Loan you are not 9 18% 10% Grand Unfon........ 981, 99% 9914 | 29% 18% Granite City Steel(2) 1 16% 16% 16% [1674| 39% 25% Grant (WT) (1).... 1 40% 40% 40% 41w| 69% 43% Grt Northern pf (4). 2 T % 7% T%| 28% 17% Grt Nor Ore (2).. 90 24% 24 24w 24%| 11 74 Grt Western Sugar. 1 2 For Subscription James E. Connelly James F. Shea President Secreiary Am Br B E pt (7) Am Can (16)... Am Car & Far: Am Chicle (13) Am Comcl Aleol Am & For Power. a Am Hide & Leath: 4 4 4 44| 6% 2% Grigsby Grunow Am Home Pr (4.20) b54% 544 b4l Baw 1% % Guantanamo Suga: 26 9% Am International... 10 11% 10% 11 11%|794 86t Hanna pf (7). 12 4% AmLaFr & P 104 104 104 10%| 44% 241 Harb Walk Ref (2). 30% 13% Am Locomoti Herehey Choo (87 Am Locomot pf (7) Hersh Choc pt (15) Am Mch & Fay 1.40 Am Mach & Met ctfs. 1 Ar: Metal Co. Am Nat Gas pf.... Am Pow & Lt (31)... 85 W S EORTA C1)e s AmP&LIPLA ()., 1 Hudson Motor (1).... AmMP&LDIASt(5) 2 Ti% T4 Tl 764 ] 13K 5% Hupp Motors. Am Ra&Std San 60c. 81 2 — D OO : ! 2 89 4134 Illinols Central (4).. LS § % 33 133 133 1414 ::: {;::u.m;prm 6031 3 133 183 *] 78 61% lllinois Cent LL (4). & 21% Indust Rayon (4).... A\T\ lfl‘l'.‘u’f‘?‘!’l"; 7:“ :nse‘rsou Rand (4).. > i nspiration Copper. . e 104 Insuranshares Del A m Solv & Chem. ... Am Solv & Chem pf. 19% Interb Rap Transit.. Am Stores ( 117 * Int Bus Mach (n6) S 27% Int Cement (4). Am Sugar Ref (5). ‘Am Sugar Ref Bt (1) 1% Int Combustion. . ... 38% Int Harvester (2%).. 1 more or less pressure until late in the honeydews, 2.50; honeyballs, 4.00a asking a favor. It's a feature of our service—and 5 £ £ ki, 450 strawberries, 3.5004.50; black- (S The fact that support appeared when |3.00a4.50; Florida, 3.50a5.00; peaches, | = into the rendering of which we put all the facilities £ and resources of our office. Toction workins for higher pricta. The | 100 500: Wackiebereios, 400; Havbirs et : i 5 y Careful consideration, prompt action—and money im- ;:rztrvfi)&:m: ::nél:;’xlg:d\vgzn{l%:gntfi: 2,5‘3?‘51‘:,%%;;:&:%&;@.%; :;::eul H mediately available for approved office building, business, :)v.urscllel’l‘;:.’lficn an already strong technical g«:’-‘z‘sl;&e;:i;.fi’o; a:nnx;gzmgn.: 7.5;‘:&; g ;ni;;—l(l:ca:’ed i; ‘\;\(a:}aipgton, or near- 51 Probably the most disappointing|75al3s: peppers, 3.0084.00; cucumbers, |E Y “V.aryand an irginia—for 3, 5 and 2 0 action of Westinghouse Electric demon- | per 100 bunches, 3.00a4.00. result of the day's operations was to|per bushel, 2.00; kale, 35a50; spinach, apartment house and residence prop- movement was the declines in the rails. |1.25a1.50; asparagus, per dozen bunch- 10-year periods—at................... ‘Traders have come to look on the car- 0a22.00; onions, Texas, 50 pound, g Y RANDALL H. HAGNER & COMPANY 5, L. ri®& stocks as a barometer of the rest|1.50a2.00; Spring, per 100 bunches, MORTGAGE LoAN CORRESPONDENT of the market and so when they sagged | 2.00a2.50; radishes, per 100 bunches, 4 1 1 today it brought selling into the rest | 2.00a2.50; celery, 7.00a8.00; eggplant, 1% 1,‘, 4 . % % | of the list. New York Central, N:w Ha- | 4.00a4.25; beets, per 100 bunches, 3.00a 39 37 89% 40 |yen, Baltimore & Ohio, Pennsylvania |4.00; carrots, crates, e 4 Am Tel & Tel (9) 0 il 1! e .00; cauliflower, 7. 9% 4 7 by Siddons. but hfiul‘cxtmv.‘nn;g‘f;l;nitc\;t‘)l;g Am Tobacco (16) 3 106% e Harvesterpf (). 1136 136 136 135 |and Great Northern preforred were all | homegrown, 1.25a1.50; tomatoes, Mis- .//,a/w.%f»‘ % Wafyr Capital. om pncial & Am Tobacco B (16).. 36 110% 109 110% % gl (2). b5 20 down 1 to 2 points. Baltimore & Ohlo |sissippi, flats, 85a90; Texas, lugs, 1.75; many expressions of sympathy were Am Tobacco pf (6). 50 IntMatchpf (4)..... 11 b4k directors meet for dividend action next | Florida, 6-pan carriers, 2.25. 1321 Connecticut Ave. Decatur 3600 = BT extended to Siddons today, as it was AR Water WABIH) 814 Int Mer Marine (1).. 1 % oSk Fikadks L8 t . ck and the understanding is that ol L 5 known that the ,{"".}::’.H}}‘q‘fi‘"c’?os‘f h;: Am Wat Wks cts (3) i ;“;c::l‘::?;: % there will be no change in the rate. e ‘;:.x;;l son had A o A Wt \I‘- 1st ‘.r;f,; o At ,,_DM‘_&NW‘ ) Great Northern preferred cut its divi- SHOE PRODUCTION. — e e A Weit Eapargtta: dend Thursday so that news 15 out of | Npw vORK June 19 ().—Shoe pro- 18% Int Pap & P pf (1) 8 Int Rys Cent Amer.. 608 10 10 10 8 29% Int Salt (3). 46% Int Shoe (3) 18% Int Tel & Tel 3% Inve best man at his son's weddipg. Carpel Corporation. The Oarpel Corporation, wholesale food distributors, wi adquarters here, has declared its eighth consecu- tive dividend of 50 cents per share pay- able on July 1 to stockholders of record at the close of business June 22. This is a quarterly dividend of 37!2 cents per share with an extra of 121: cents, mak= ing the annual rate $2 per share. Anaconda Cop (1%).. Archer Daniels Mid. Armour of Del pf (7) Armour of 111 A Armour of 111 B Armour of 111 pf. Asso Apparel (12)... Atch To & S Fe (10).. 21 151 Atlantic Refining (1) 14% Atlas Powder (4) 2 36 Atlas Stores (1). deed of t interest and eller &0 Auburn Auto (f4). 5 I TR o sition to tax cigarettes in Ohio and Joins Goodbody Co. 2" AviationCorootDal 19 3% 3% 3% 5% i EaannDeptStrs (1) 1 124 124 124 12 |the ivestigation of the telephone com- Henry Shepherd, who has been jden- | “Z75% 9% Laldwin Locomotive 5 12 915 Kelly-Sor T 8% of.. 1508 12° 12~ 12 12 |Pa0y in Oklahoma. Needless to say tified with Washington financial activi-| 10414 7313 Baldwin Loco pf (7).170s 8 Kelsey-Hayes Wheel 1 9% 9% 9% 91 |Done of these proposals helped stocks L Two weak spots were National Biscuit 145 {::.ennoron Copper(1) 36 16% 16% 16% 16% ?«Tfmfiff"é‘icfi?’»"fiufflg"f:i’v‘r”gh‘:‘ffi“fi‘: e Stabe1o0s 28 20% 28 20%l(erly dividend, was nevertheless down Kreage (55) Cot.60. U832 29 26 20% 29v|sharply. Probably the decline was a Kreuger&Toll (1.61). 45 18% 18% 15% 18% ;s”dl“s;m"l‘,‘m;’c . Kroger Groc&Bak (1) 12 2 251 25% 25 eas of & r ratio to earnings. % 204 Z0% 25% 1y, heen estimated that Biscuit will report $3 for the stock this year, so that at 60 it would be selling 20 times earnings. In the first quarter of 1931 70 cents a share was carned. against 71 814 Kelvinator Corp. .... ties for several years, has become asso-| 877 43l Balto & Ohlo (5).... 15 ciat:d with Goodbody & Co., members| 11314 99% Bang & Aroos pf (7). 108 of the New York Stock Exchange and| 141 5% Barnsdall (A) (1)... &9 other representative exchanges, whose| 81 5315 Beatrice Cream (4).. local office is in the Southern Building.| 111 106 Beatrice Cr pf (7). Mr. Shepherd was born and rearsd in | 62 ut PKE (3) Shepherdstown, W. Va., and has been a| 4 Hemingway Tesident of Washington for the past 10| 25% 147 Bendix Aviation (1) years. During his financial career he| 46% 81 has been associated with several rep-| 70% 38 Tesentative houses in Washington, and| 95 has a wide acquaintance in this city| 40% 20% 100107 B |0 Tonk on'the gloomy side. . | uetion during May approximated 20 . o1 1 o i B 3am 33 33 33 | Among the industrials new lows on | 00000 pairs, compared with 25400000 || C l b B lldm A t ot 85 f e ] eOTRGAY URERT, VTR ity B IR 0n mine | LOMUMDIA DUIdING Association e 4 - . » | States el, American Telephone, Gen- Siia 1 44 44 4% 4%|eral Motors and others, although the|PY the New York Hide Exchange shows. W, I A e e losses [ere sometimes frnc'.innaAl m = 716 11th St. N.W. 01 153% e ewel Tea (4).. 38% 38% 38's 39 generally only a point or two. B i 14 15% | 80% 40% Johns-Manvilie (3).. 133 48% 47 48 48| deal of attention was paid to legisla- Money to Loan Under Government Supervision 126 117% Johns-Manv pf (7).. 40s 105% 105 105% 117 | tive news, such as the progress of the | Seeured by first 123% 11734 Tones & Laug of (1>, 808 1175 116% 117% 11714 | Illinois chain store tax bill, the propo= Jm'fi:'l W, Pays 5% Compounded . . Semi-Annually Bring This Ad and Receive $1.00 Credit ON OPENING A NEW ACCOUNT Let Us Refinance Your Maturing Real Estate Loan No Commissions Charged 22 Years’ Successful Business Without the Loss of a Dime Lambert Co (8. Leh Val Coal of (3) Leh Valley (2%). Lehman Corp (3). Lehn & Fink (3) Bohn Alum & Br 1%. and the surrounding country. 7614 47 Borden Co (k3).. Lib Ow Ford GI: cents in the first three months of 1930, o 7 30% 14% Borg, Warner (1). P R e ). but since that time spcculators and in- American Fire Insurance Co. 2% 81, Lriggs Mg (11%) Liggett & Myer (15). vestors alike have changed their yard-| | 3436 14th ST. ADAMS 8100, 4 Li=g & Myers B (15) Liquid Carbonie (3). Loew’s Inc (5). stick. Alcohol made a new low for the year on the belief that the dividend would be omitted entirely a@the mext Accounts At the annual meeting of the Amer-| 69% 53% Bklyn-ManTr (4)... {can Fire Insurance Co. of the District| 94'4 85% Bklyn Man Tr pf (6). of Columbia today, the following offi-| 13% n & Queens. ... cers were re-clect:d: Charles Schafer,| 129% 99 yn Union Gas (5) bl meeting. - . president; Francis ‘A ~Blundon, vice | 13" 'S Bruns-Balk-Col. .. o — T 1 Now intensive | president: G. M. Emmerich, secretary: [ 91 3 Lruns Ter & Ry S. C l I s B DAY o PROTESTS ON RATE 1 ompiete investment McKeesport T P4 B00ST PLEA HEARD| Utility Growth b GEVENTY per cent of Brokerage Service homes in this country are Trustees elected yesterday wers Mr. 5 8% Bul Schafer, Victor B. Deyber, Max Walten, E Harry M. Packard, Mr. Blundon, A. F. Jorss, Mr. Emmerich, Mr. Ehlers and Mr. Bergmann. McKesson & Rob ‘1) McKes&Rob pf(3%) McLellan Stores. ... . McLellan St pf A (6) 3 Mack Trucks (3).... Bush Terminal (2%) 2 Bush T Bldg pf (7).. 50 Butte Copper & Zinc. BY GEORGE E. DOYING. Gas Firms' Earnings. Butterick Co.... Macy(RH) & Co(n3). . Py g Revenues of manufactured and natu- 5 Man Elevin g »oesess Protests against the 15 per cent freight now wired for electricity. As Copy of Our “Fortnightly Review” ral gas utilitles aggregated $60,076,833 in Marine Mid (1.20)... rate increase proposed by the railroads many of the remaining homes Furnished R April, 1931, as compared with $61.957.- Marmon Motor Car. . are beginning to assume definite form, are out of reach of power lines, T TR 931 in April, 1930, a decline of 3 per Marshall Field (2%) ada Dry G A (3). and the way is far from clear for any future growthwill result large- cent, according to reports to the statis- n Pacific1%. Mathieson Alkal} (2) definite early action by the Interstate P o tical department, of the American Gas B May Dept Strs (234). Commerce Commission. Iyfrom intehive, ratiier then G ‘P M s ( :o Association from companies serving Case (J 1) pf (). Maytag Co ist pf (6) In addition to a number of objections extensive growth. ° 3 X URP.HY &) s \J e 13,631,586 customers and representing Caterpillar irac (3). Met-Gold Pic pf 1.89. to the proposed increase which have . " about ‘90 per cent of the public utility Celotex Co pf. ... Mexican Seaboard... 54 14% 13% 13% 19% |been sent to the commission, the State Intensive Associated Gas Members New York Stock Exchange ;ifi}:;non of manufactured and natu- Cent Aguirre As1%. i“\;llglCozzslnenlz(l;-)tm 8 |regulatory bodies, through their na- and Electric Sy:"tfln growth - Checker Cab Mfg 1 and Stee] tional organization, are laying plans resulted in 10.3% increase in 3 Revenues of the manufactursd gas Ches & Ohio (2%)... 38 2% Minn Moline Po that are expected to culminate in con- domestic use of dectricity last 1510 H Street Connecticut at K companies aggregated $32.938,731 for 714 Chesapeake Corp (3) Mo Kan & Texas. .. certed opposition to the application the month, a drop of 2 per cent from Chi & AItOR PT. .. .00 Missouri Pacific. ... made by the carriers. year. WASHINGTON a year ago. The naturai gas utilities | Chi Great \Western. Mohawk Carpet..... A meeting is to be held here Satur- For information about As- BT PSP - T TS Monsanto Ch W(1%) Montgomery Ward. . Mullins Mfg. Murray Corp. h Motors (4 reported revenues of $27.138,102, which were about 4.4 per cent under the fig- ures for April, 1930. Sales of manufactured gas reported for April totaled 31,317,662,000 cubic feot, a decline of 2 per cent, while natu- ral gas utility sales for the month were 64,975,615,000 cubic fect, a decline of day by members of the Committee on : o ” Co-operation Between Federal and State ;’:"fi‘d “C“mg";;s‘;:?:;"‘: | Telaphasrs NAINN-9500 Commissions of the National Associa- wling Green 9- ork Philadelphi alti tion of Railroad and Utilities Commis- for Circular F. 77, Desoon 21k g i d Batomers sioners and members of the Interstate Washington Richmond London Commerce Commissfon to _consider whether the hearings before the Fed- Gm I’al U ‘l' SCcu ats eral Commission should be co-operative. €] uhity rities Chi Great West pf. Chi Mil St P & Pac. i & Northwest i4) 21 & Pac(m2%) 10 Ch ChiR1&Pacpf (7). 3 Chrysler Corp (1)... 142 City Ice&Fuel (3.60) 4 City Ice & F pf (6%) 250 3% Nat Bella Hess. .. 59 Nat Biscuit (2.80) s 4 nearly 8 per cent. i Nat Cash Register A — Incorporated A significant feature of the data } . 208 g natural gas was an increase of neatly PARIS BOURSE PRICES. 61 Broadway, New York PARIS, June 19 (#).—Price changes Nat Lead (5)... 2 99 9 991 | were irregular on the Bourse today. Nat Lead pf A (7) Three per cent rentes, 88 francs 70 cen- | — = Nat Lead pf B (§) times. Five per cent loan, 103 francs 5 — WE PAY INTEREST] Nat Pow & Lt (1).. centimes. ON YOUR SAVINGS 1 per cent registered in sales for domes- tic uses, reflecting in large part the in- dustry’s program of development and expansion into new territories not for- merly served with gas. This expan- sion of the domestic business waz most notable in the mid-continent area, Kansas and Oklahoma both showing gains of nearly 30 per cent over April a year ago, while in Louisiana and Texas the gain in domestic sales aver- aged around 25 per cent. Throughout the country generally in- dustrial gas sales, bul.hylgr manfiffi?{’:- tured and natural gas utilities, con- Consol Cig pr pf 6% . 20 unued_nb levels considerably below the Consol Cigar pf (7)., 208 preceding year. In New England in-| 109% 82% Consol Gas N ¥ (4).. 186 dustrial gas sales were down 3 per cent, | 105% 101% Con Gasof NY pf(5) 2 C Colgate-Pal-P (2%). Collins & Alkman Col Gas & El (2). Columbia Graph 56e. Columb Carbon (5). Comel Credit A (3) Comel Cred pf B (2). Comm Inv Trust (2). Comm Solvents (1) Comwlth&Sou (40¢). Cmwlth & Sou pf (6) Conde Nast Pub (2)., Congoleum-Nairn. Consol Cigars (5). Equitable Co-Operative Bldg. j4$s’n ! Organized 1879 51st YEAR COMPLETED | JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary || | Subscription for the 101st Issue of Stock Being Received Nat Steel (2)...... Exchange on London, 124 francs 242 Nat Supply pf (7) centimes. The dollar was quoted at 25 Nat Surety (2). francs 54'5 centimes. Neisner Brothers 4 12 —— 4 Nevada Copper (1).. - 7 7% 7% 7 S NOWHOrt Co (1), 1 b e T8 U. S. TREASURY BALANCE. Newport Co A (3 1 2 2 ‘The United States Treasury balance Zé‘& :g;‘e;flrll (6). announced today as of clese of business i & Hart (6) June 17, was $438,373,574.24. Customs O o s, receipts for the month to date were 15% Noranda Mines. ... ., s 217 139 Norf & West (t12). 1) o v pepeils 11 4% North Am Aviatio) 2 - s 90% 56% Nor Am (b10% st! - 57 WE HAVE ENJOYED THE CONFIDENCE OF WASHINGTON FOR OVER 40 YEARS Organized 1890 Get in touch with us if you desire to borrow money to purchase a home, refinance pres- | Real Estate N ent indebtedness or | Tesearch and statistics of Allied Busi- ness Corporation Shares, Inc., national 0% distributors of A B C Trust shares.| Cox - m Cung cene Brod. while in ‘the East North Central States| 15% 11% Consol Laundries (1) 1 v : i ] s i the decline in this class of business was| 4214 25 Consol RRCDf (6).. & T o s T OEsr e ice b | improve property. Ap- nearly 8 per cent. For the country at| 1% % Consol Textile 2 S A her Pacine S8 Resources Over 4 A s large natural gas utilities reported a! 30 9% Contl Baking A 3 19% 7 OhioOll...... : $5,000,000 | To Take Up N plications will receive ;{fi:sflf‘ld per cent for the month in| 3 114 Contl Baking B. 1 6% 3% Omnibus Corp.. COKhE S | S oot el doticteoiis of gas for industrial purposes. % Contl Baking pf (8). 2 28 2L Qppenheim Col (3). Open Daily 9 to 5 i First Mo‘-tdagcs T P! ~ Cash Holdings Gain. Contl Can (2%)....0 20 »fg"' ;I* 0;:“;‘“"’“‘/’ 4 Saturdays Until Noon attention. Curities by leading corporations have! 413 24 Contl Motors. 11 ey o S Ligntite S Loans Repayable Monthly only in amount, but alte i roain o Gontl Ol of DAl 15 131% 116 Pacific Tel & Tel (7). - - 5 ‘o C. e I ot ar ffi,‘,dalé(’d‘?b[e]i’:"{’" o 6 11% 5% Packard Motor (40c) ¥ No Brokerage . . . No Commissions o) ! o , it is re- 16 ; - 5 vealed by a study prepared by Clermont e D . Cartwright, vice president in charge of H U D e S PERMANENT 915 F ST. N.W. : 64 3 Pathe Exchange A... s E have adequate funds for BUILDING ASSOCIATION 4% 2% Peerless Motor Car., The ]:u cgrnpanles in this trust, for ex- é“. 1’“ ?53": (é:ne Gl ;gfx fg‘i sfl"ck G:fg:fl(;l‘)o-)u 3 loans on improved Real = ample, show an increase i X 21 OHEEH AT P ED 28 Penney 3 tate in y M - e in cash and 5% 2% Cuban-Amer Sugar rigler it L 100 4T 45% 48 49% ¢ in nearby Montgomery uggg#tfl:grfis&r flmfl < EE M, T County, Md,, and the District of Columbia for periods of 3, 5 or 10 years. Prompt deci- sions given applications. 51, % marketable securitles from $846,584000| 55 16 Cuban Am Su . 584 Py 2 Sugar pf.. 408 5 5 at the end of 1921 to $1,814,532,000 at| 4874 35% Cudahy Packirg (4). 2 40 40 40 40 the end of 1930, an increase of 114 per| 100 69 CurtisPublish (4)... 1 70 70 70 70 cent. Total assets of these companies| yigs 11214 Curtis Publishpf (1) 1 increased 60 per cent during this period, | = 57 214 Curtiss Wright Corp. 34 while funded debt increased only 26 per| g4 3 Curtiss Wr Corp A.. cent and current liabilitles 24 per cent.| 107 95 Cushmans pf (8).... 10s ‘Their greatly strengthened financial| 47 17% Cntler Hamm, position since 1921, which is believed 103 961 Peoples D S pf (6%). 30s 100 100 100 99 250 183% Peop GasCh (8).... 3 10% 6 FPetrolm Cpof Am(1) 10 12% 6% PhilReadC&1I....a 1 6% 6% 6% 7 16% 4% Phillips Petroleum.. 18 3% 1 Pierce Petroleum.... 1 1 39% 28% Pirelll (A) (m3.13 AN OLD SAYING THAT IS TRUE IN INVESTMENT 99% T4l Pitts Unit Cp pf (7) to be representative of most large cor-| 23 9% vavison Chenucal. .. 27 10 PortoRic-AmTo(2). 3 11 1% 11 114! INTEREST . rations, is further indicated b; 22~ 19% Deere & Co pt (1.40). 26% 14% PrairiePipe L (8)... 10 17 17 17 174 - us i Y 3851 thet omimon' stookisquity) Y hisk| 167% 107% Drlaware & Hud (9). 71% 56 Proct & Gamb (2.40) 8 61% 60% 61% 62 BOSS and PHELPS In inv estment as in_every thing in 1921 made up 48 per cent of total| 102 4% Del Lacka & Wn (4). 961 72 PubSv N J (3.40) 25 79% 78% 78% 719 Realtors else—the best is always the cheapest. - FOUNDED 1907 1417 K St. N.W. Loan Correspondent John Hancock Mutual Life Insurance Co. 102% 95 PubSvNJpf (5) 137% 128% Pub Sv N J pf (7) 157% 148 PubSvNJ pf (8) 104% 103% Pub Sve G&E pf(5) 58% 28 Pullman Corp (4) assets, in 1930 made up 57 per cent; (195 140% Dotroit Edison (8) in 1930 common stock equity Was three| 23 14% Diamond Match. times funded debt, whereas in 1921 it| 13% 8% Dome Mines 1)..... ‘was less than twice funded debt. Cash| 24 144 Domn Stores (1.20).. 1 and marketable securities in 1930 were| 78% 61% Drug Corp (4)... 9 You go to the best physician, you employ the best lawyer. Choose _your investments with the same e =Y ST CTOR NS 2 14 Punta Alegre Sugar.. 3 159 per cent of current liabilities and | 107 7L ~Dupontde Nem (4).. 149 = 3 P 3 in 1921 only 89 per cent of current|]124 _118% DnPdeNdebpres) 8 Y 11% 5 PureOll.. b i ideals and you will find them fully liabilities. 185% 118 Eastman Kodak (18) 62 129% 127 12714 1281 | _55% 24% Purity Bak 3. 20 i An lnves[ment . i : American Telephone & Telegraph | 21% 9% Eaton Axle (160 10 12 11% 124 12%| 27 12 kadio Corp...- 206 met in our s was. Tevealel as having the largest| 74% 34% Bleo AutoLite (8).0. 3T I8 31 48 38| 60 31% RadioCorp® (5). s MORTGAGE 3 : 69 FIRST MORTGAGES cash holdings in 1930—$388,858,000, 4% 2 Elec Boat.. 11% Radio-Keith-Orph A. 35 " / . . i followed by Standard Oil of New| 60% 30% Elec Pwr&Lt(I)... 158 35% 34w 34% 34% Ton 0% Deuttiyton Ras. ...’ § orth |nvesl|gal|ng i Jersey with $225826,000, United States | 35% 27% EqOffice Bldg (2%). 22 28% 27% 28% 29 104 6 Reo Motor Car (400). 47 There are no speculative uncer- | SECURITIES i it | Steel, $197,807,000; General Electric,| 39% 13% Erle RR............ 3 18 18 18 18% Bapatituwtes) oere. b 3 f i o % i $123,703,000, and Allied Chemical, | 8% 4 AutoBroducts 1 4% 4% A% -4k| 2 Aok BebuclasTobB (i)e 19 e L Highly Protected Type | Over a Third tainties in connection with the secu- $113,320,000. 30 1% u). 9 16% 16 16% 16%| 6% 1 Richfleld Ol Flrl (3% Eusranteed A | of a rity of the principal or the amount of Sl Anite Tntpetry 26 15% Federated DeptStrs. 1 22 22% 22% 24% | 10% 3% RioGrandeOil.s.... 41 Il of Private Investment | Tty D L 21% 13 Firestone T&R (1). 1 18% 18% 18% 181| 42% 24% Roy Dtch(m13404). 12 % ok [ s 8 | interest. The former has back of it e e etrolt | 63% 664 Firest T&Rpf(6).. 2 60k 60 G0% 60%|To7 98 Safeway Strspf (7). 30s 105 R e A A ] Yielding I Century ¥t g 2 ¢ thess days just as the rect of the coun- | 55 41 FirstNastra2). © 64 G0 S0% 53%| ‘a0 14% Stlosephlead(D.. 1 16% 1% 14 1% ral Estate and Inheritance Taxes. ||| | i ; conservatively appraised improved : A ediately | preceding & presidential Fisk RabberT W e % 9 StLousaSmbran 12 18 18 16 18 ||| 4 Erincioal Paable Auy Time. on | (7] il Without o Washington real estate, and the in- fif = cempaign. Business leaders have Follansbee Bros. Y e 4 8 4 I | . 2 a-eed that as the automobile industry Food Machinery 1%, 1 17% 17% 174 17 i AT 308§k s aow | gMan, are pragenuy Loess . terest remains 6%: throughout the goes so will go general business, {o 4 Foster Wheeler (2). 15 24% 24 24% 24 | S0 3 15 1. a8 s || position by investing term of the mortgage. paraphrase a political expression. Any- Fox Film (A) (2%). 99 181 17% 18% 184| jyi 1 5B%: 6% Bk B Contractual O} ion Firat S ey e B e B : thirz. for this Teason, which indicates nort-Tex: it 23% 241 24| '] B ety i ‘the Iargest Life {ncome - producing | propérties, right May be purchased in amounts 4 s trcad toward the beiter - in the motor Gamewer: o« B 45 45 45 45 | 63W 4L SearsRosbuckiTh. 61 6N A Son 0% Tately 500,000,000 Denominations as low as $1 from $250: up. z . % econ al . H ferest " to, general business. anxiously Gen Am Tank Car(d) 3 564 56 561 564| 11% 4 Serveline o6 on s o0 o]l % Ne Medical Examination. send"Tor " Hookiet" e Yudoess Pran H e s 2 0% 18y 3 c % 1 i H ous times. Gen Bronze 1 5 65 6 bu| 104 4% Shell UnionOi. oo wn e Il ey STATE B . F . S A L C O o |i: 4 iy eaen by onalauans maem Geneeat Capi o R i e 5 B s S D S e Hnm[lfi } 25 15th St. N : 4 even by a le marg| eneral Cable pf.... 108 273 % 27%| ‘o 2x Shubert Theaters... 4 2% 3 HARANTY i L NS 3 B gest—drive-away of cars ever | SaCnrty: 10 20 28 e TR BN N e i B R LeROY GOFF | National 2100 925 15th St W. s held in the higher-priced field sent Gen Elecspec (80c). “15 114 11% 11% 11% 15% 6% SinclairConsol Ofl.. 22 8% 7% T# 3 i cnnllnm S nearly 400 automobiles, with a total | Gen Focd Corp (3).. 22 46% 46% 46% 46% 103 77 Sinclair Oil pf (8) 1 80 80 7 1036 Woodward Bldg. NAt. 0340 * value of well over $1,000.000, over the GenG & El A (e30c). 15 4% 41 4% 4% 12% 3% SkellyOfl...... 2 4% 4% 4% 4 Insurance Ezclusively, Over 30 ¥ears 1610 K St. N.W. £ highways to all parts of the country Gen Motors (3) 3314 33% 83% S o ety National 1403 y from a Detroit factory. Gen Motors pf 101 161 101 201% (Contiriued on Page ¥.). 3