Evening Star Newspaper, July 25, 1931, Page 9

FINANCIAL, THE EVENING STAR, WASHINGTON, D. C., SATURDAY, JULY 25, 1931. FINANCI ALy STORE SALES GAIN NEW YORK STOCK EXCHANGE Recelved by Private Wire Direct fo The Star Office, 'STOCKS ARE LOWER Buying for Profit IRAILWAYS REDUCE last year. For improvements to yards and sidings expenditures totaled $5,- 457,000, as against $13,129,000 last year. Expenditures for additional ballast* amounted to $929,000, compared with It i yor nearly 76 per cent under similar D direct | expenditures in 1930. 8 previous At} Coast Line (7)... Atlaniic Refininz (1) above the year’s low. hoped that it will be helpful in The oils” were irregular, heaviness in this vear declined 5.6 per cent. Stocks | | proportion to the in Washington stores declined 6.5 per | lack of Expenditures for roadway and struc- | BY GEORGE ¥. HUGHES. $1,893,000 in 1930, while for signals and e — > interlockers and other means of eom-* |N FlFTH DISTR";]- i Note—All stocks are sold in one hundred-share lots —Prev, 1631 Stock and Bales— Prev. IN ulE]l MARK[T ‘To suggest that an understanding of munication $3510,000 was spent, as i excepting those designated by the letter s (80s) (250s). | Hleh Low. Diviend Rate. Ado 00 Hign Low. Oiose. Uiose. the elements of investment should be against $9,516,000 last vear. For all ~Prev. 1931~ Stock snd” Sales— prov. | B0 40K Jonpe ey e Y 51% 50 50% 81 acquired before there are any funds to other improvements $25,526,000 Was. e -‘l?n'/. uz; Am:\;:a;:a :-;:wmorma u('u. flt:ll‘- W:; -ggs lgv. 5‘1"!”:.”1;(:0 a). 2 12% 12% 12% 13 l;nvau is pexl-.ll;l.p“ a counse! of perfec- expended in the first three months of% g N w 's 8 KelvinatorCorp..... 6 10m 10 104 10% n. - Certainly it is not the practice 2 1931, compared with $37,337,000 in the Washington Leads Advance; 3» 11w AdamsExpress(D.. 5 16% 146 1% 14| 81 104 KennecottCopper(l) & 18% 18% 184 19 Many Issues Score New |of most of us. We have no interest in | Gross Expenditures Cut Down | same period of 1930. luu ;;: :;n;:dml:n ll!')‘.'-‘-). l: _!}:& 7: ::u ::u 29 zg] ar sge $:§= Co160. 1 26% 26% 264 26% investment theory until we have oppor- — el 09% r Reduction 13 10° Kresge PL(T).. 108 113% 118 1 3 ion: tunity to practice it. 9 - in June—Peoples Drug 200 7 AlaskaJuneau (40e) 42 15% 14% 164 16U | 55 42 IKress (SH) Co (31).. Pl Lows on Reaction at Probably it would be advantageous 1| D8 Per Cent During First DIVIDENDS DECLARED ’ i 1% 4 4% A:::ldoc\:'t }: ":h 11:1: u:“ “z 27% 17% Kreuge:_k’l‘oll (1.61) 20 18% 18% 18% 18% . the subject were treated in the sec- R Profits Higher. 185 102 :_:M.c”p“ TALDS 10 A8 114 | w18 KroeseOreckBak() I3 S0 290 20 2o Short Session. ?:tw ut{gol. the student, learning, for Quarter of Year. NEW YORK, July 25 (7 — 624 34% Am Bank Note (13) 2 39% 39% 39% 39% :;& j:% ol ;"'.-l o5 :?*. s ooy e bask, the pl:ce of the hu‘l’lrdls;em'; loan ' Pe- Pay- Hidrs of 129% 92% Am Can (16). . % W 5l 51% association, the distinction between a Company. Rate. riod. able, record. . BY EDWARD C. STONE. 26 B3 AmCar&Fayp S e TR I T L L O BY GEORGE T. HUGHES. Stock and a bond. the method of eomn | BY the Associated Press. Omitted. Retail trade in the fifth district,| $aw 38w Am Chiele (43 U6 1374 Lig & Myer vt (1)... 2 142 % | Special Ditpatch to The Star. y |PULng the return'on ‘each of thes two | Gross expenditures for additions and | Am Hagg Th... 505G AUR. 18 eneenn ment stores to the leral Reserve | 90" 74 Am & For Pw pf (§) 6 MM T 11T 1% . Liqu! rbonie (3). 1 b s 4 5 country fell off 58.1 per cent during|X” Con Stone pt 3175 Q Aus. 1 k i 3 1 P x5 " 633" 364 Loew'sIno (¥)...... & tory trading in today’s week end mar- |other similar topics, but, as far as the Laclede-Christy Clay B o g, et el 30 10w AmHUeALeathpf. 2 20 204 204 | gyl 11 Lorillard (P)Co..vn 98 ket Volume was_around the record | writer knows, schools make no attempt | t11e first quarter of 1931, as compared | Frod ool @ bank's monthly report, reviewing busi- | 3 A e etve ., 1 18 18" 18 18u| 102 90% Lerillard ®)pf(T). 1 low for the year. In the first half hour |along these lines. It would be objected | With the corresponding period of last | Nat Term Fart ot 3% Q@ Au ness in this class of trade shows that ) 1 i k. Bow M| 0 S lemiotines D only 100,000 shares were sold, and there that % majority would never have any | year. Sintord ity e e, e;:!;.\yg:e:;;t:eflfl. -”!rn".! uof 34 AmP&LtDLA ( 3 7w T3 8K 74| TE6 23 MoCallCorp (1H)... 8 et g S HatY hjacbins ',‘,‘,'i,",,{"g;"',:g;:"”:;;',‘; In a report for the quarter just filed R iE e tor o it e Tat ot 8 AmPowditof ).’ 1 90 80, A e L i Leading industrials on which stten- | many other mibjects the schools do|by the carriers with the Bureau of |Am Home Prod....35c M Der cent.” Baitimore stores gained 23 Am RagStd Sandbe. 26 1M 12w 124 124 108% 7l McKeesporiTP oy 15 e et ctresdd| | FIowErE UREOcY o G e always | copiial expensitmis S B"r;"\i“‘s‘“” sy O chmond stores 6 per ‘Am Itepublics 1 8w b 6w 6 | 11 7. McKesson& Rob(1) 1 reaction, but the losses were generally |the classic lllustration, employed eff $130,- | Can Wi & G p cent. The group of other cities showed Am Rolling Mill 12 2014 204 20% 20%| & i Manat! Sugar. .. . b 5 % . , employed effect- | taled $93,656,000, a reduction of $130,- | Sai Wi & Cpt s162': Q a decline 8.8 per cent. Compared with Am Safety Rasor (§) 1 B0« 50 60 BOW| 12% 34 Manatl Sugar pf L, United states Steel|ively nowadays in the trust company | 116000 under the same period last| 5o peoo M4 %% § sales in the first half of 1930, sales Am Shipbuilding (5) 108 271 27% 27% 27%| 24 184 Marine Mid (1.20)... 1 Ppoints above the extreme low for the | the Eirdw slhoenigingin e AT A 00 fwas lexpenides CEATILAE (isc s @ Sl Qr;‘p:,"‘“fi:;’“"" Ll A s v N e S e 1 bear market, reflecting opinion about | with no idea of how it should be done. Capital Program. conv pi (1920173150 @ Washington stores gained 2.1 per Co TN T L R L L L e gl o L the dividend action at mext Tuesday's | And then there is the maxim the Better | The bureau says the total capital| 1928 .. " 1% @ cent. Baltimore stores declined 4.5 gt 2 T% Tw % B8 | 206 108 Mexican Seaboard... 14 meeting. Bethlehem Steel had a similar | Business Bureau uses, “Investigate before | program of the class 1 1oads as it stood | Chiin Belt 82ic Q per cent, while Richmond stores showed 1 . Mid Continent 1 g:i“n“: r‘:fifl:fiz“&efi)’ ‘:x;:r?::::dc-'fi ':’:‘;‘;d‘&":t}e:&a‘:ei:{'z’uusxti?“m: & o:uApru 1 galls for the expendiure | Gt ot A5 1120 § s ? 1 3 3 : s and as | t s or 1% 0 SR T IR A B il 38 M z made & new low on the movement. cancisely as may be of these same ele- | with 33%.57‘3‘,.;03";,."'“?3@"&“'. Compared | fae B¢ Sar seraishe © Compared with stocks on June S0, 1930, : Am Wat W 1stpe (6 1 2 G i JE Rl R st Al o e s Pz | egaer® o s eprs 2 T , q e 2 e n of clug ca] ex] dit | . o ~ RIS T AT AmWoolen.oovoecee § 2 any great amount of selling into’the | the series of articles of which this e e eyendifures weinny a0 8 Declines for the cities follow; Washing- Anaconda Cop (1%).. 43 2 e i Pt anal et | e ‘.'l'&"&““x‘?‘ia R R e e el & e ot 3 - . . - 3 | Los Ang G&F pr.3150 Q A cities, 15.1 per cent” 4 Armour of Il A. 1 ATt ] e o Sk W re Teimttvels oteady: | MDA TAIRSt epstta e an 11e (1 ithe ‘finat ¢heee monthis this “year| Pt Mis 4 Or ReniToe & In comparison with stocks on May Arnold Constable.... 1 Caih Megioter A, 3 especially Studebaker. Timken Roller | enced, although &fflmly sl h:!:flpielr!l‘; ;czrl 51‘;oopamhmd ot“equlpmen_l: totaled | Public Serv Co (Colo) 31, 1931, stocks at the end of June | AtchToRBReLe). | 1 N Bearing was weak, less than 2 points |Gerive some benefit therefrom. T D e o e SSTATUON | Daig o e e s 4 % a 1 . - : . o 1 3 3 4 = Q Q Q through the Di Glorgio Fruit Corpora- tion of New York, which is the market- ing division of the Standard Fruit Co. I O S S ‘Because of the increased demand glove lwmduui; mmluvlth are afld capact ve & shortage qualified glove makers, is no big amount of money in the busi- ness, but there ought to be a fair profit from it. But we can't make a fair profit with the interest rates we are pa. and the longer we.put off the the more serious is going be our condition. It might help some- what to cut our salaries o bone Jokn M. Miller, jr., Merchants National 0il Merger Disqussed. NEW YORK, July 35 (#).—Although definite progress has been mede toward esident Pirst and of Richmond, stage where any preview of possible terms can be given. Harry F. Sinclair declined to discuss the possible basis of the deal, but said that 1t would be ab- sorhed to predicaté any merger on 8 basis of worth., e 925 15£h St. N.W. ave. — Sloan’s Drug Store; F. S. Boisfeuil- let, prop. «cent while Baltimore stocks declined 5.3 Atlas Powder (4) r New: Jens s per cent and Richmond stocks 6.5 per | Auburn Auto (£4 2 1 e e knowledge on the subject of the reader. | tures in the first quarter totaled $72 ©eot The group of other ‘citfes de- Autosales. ... 1 Ont & Western.. of Indiana on the Curb. The lower- | (el e O ompredy It $18¢ 7031000 elined 3.3 per cent. Aviation Corp o ‘ b 2 2 ekt === = last year, a reduction of $62,646,000, or ‘Washi it " X N Y Steam pf (6)... 1708 priced petroleum shares held very well. | nearly 47 per cent. e shington stores turned thelr stocks T N Y Steam 1at ot (1) 908 American Woolen preferred continued| HOUSEHOLD FINANCE NET | ™Locomotives * puichased | o See ¥ Adwo .- ne B in June 367 times, compared with .347 D uring the | Aug. 18 e Com et Baldwin Loco pt (7). 50s Noranda Mins....... 2 o, be a strong spot. bought on cumu- period this year had a value of eir stocks .348 times. “Other cities” 3 Northern Pacifie (6) 1 Ralls were very dull, and t 3 S ars expenditures e o e erTeie Beatrice Cream (4).. 1 : Cwere. h most of amounted to $8.535.000, while last year LOANS Riverage for the district was 337 times. RO R T T §24| Ty 7 omoou, gex 4 e g i g 4 :‘;‘3’:"» 1otiDility 1o | Speci Dispateh to The st they amounted to $61,002.000. For pas-| s Your 1st. 2nd or 3rd Tr Number of times stock was turned Best & Co (2). 1 37 31w 3T aTa 36 10 OlvFarmEqprof.. 1 i met, s shown by Beuthern P‘I:fln CHICAGO, July 25. — Household | senger cars capital expenditires in the | M e Neas e n #ince January 1, 1931: Washington e ' | =54% 38 Pacinc G e 4 cific | Pinance Corporation and its subsidiaries | quarter totaled $4.669,000, compared MR. FR 01 Ealtinore: TI038: RAEhIbHA 04" Bethlehem St Cl3 4% 4ln 4% 42w B4 SR p::m:“"h‘("fl LS 3 in its June statement, was mnot Buffl-{repon consolidated net income for the | with $9,602,000 in the preceding pwnr | N e BobmAlm&Brin: 2 I e s s (G e, 3 Slent o, induce any buving interest in |six months ended June 30, 1931, after | For “other equipment” $596.000 was | Pl ._Room NAT. 4519 Percentage of June 1, 1931, receiv- S U ] e Ohw low Smc| S04 19% Paramount.Pubii. 12 did better than the average. all charges and reserves, including pro- | expended, compared with $4,058,000 the ol o g P S o 03 Lrigks Mfg (11%)... 13 18 12k 13 13 | 24 1 1 With all the domestic uncertaintion| spoag Ll e aX, Of 33.- | year before. Money on Hand to Loan on e ez_sémmclh?;?fi. 31.0; Briggs & Strat (3)..° 1 16w 16 164 16| th 2 facing it and with the situation in Eu- | 540" for the corvepoaiog p"'m‘d e Main Track Improvements. 1 Fi & d g % Bklyn-Man Tr (4). 3 58 b8% 681 B9 A rope reflected in the heaviness in bank | 1930, an increase of over 13 per cent.| For additional main track 2 irst Deed of Trust 3 People’s Drug Sales I BKlyn & Queen: 8 11% 114 11 11k 485 5 stocks and the continued weakness in | s pe Sek S10312000 2 s SR s Bklyn Union Gas (5) 3 109 108 108 108% 39% Penney (J C) (240). 1 Tareign' ' dollAr ‘Bonds, 15 wolld! Dave | e eI i o e apared” With aTL People's Drug Stores, Inc, has sent Bruns Ter & Ry 8 2 g wiew - 6k- 6 | 8 Penn Railroad 3).. 11 betn ExtyaoFdinkty! 1t Bat stosie mse| Lobe YOI 0L DUSITAGE IR IgN1291) 280,000 10 Abe ainie” pEIod [ast | yeAr l t t T e DrunaTer&RyB... I c4- €6 6w 6| %, e been extraordinary if the stock mar- | pranch ‘offices in operation st the be- | For heavier rail expenditures tolaled p 1nteres stating that total sales for the first > ¥ s % 2 1074 Petrolm Cp of Am(1) 4 e s 4 > the sell-|ginning of the period, to the opening | $7.647.000 in the first quarter. compared , half of the resent year reached Bucyruscv pf (3%). 2 21% 21% 21% 22% - Pi ng was no larger than it was again of six new offices, and to the main- | with $10.323.000 in 19: - R jotmhens yea e Bueyrus pf (1) " 208 107 107 107 107 | 25% helps Dodge (1).... 1 gave proof to the strong technical posi- | pe, t ] 7 0y o su; - Shote ni Reasonable Commission and 577, . as compared with $8.203, Budd Wheel (1 S o ek e x| 1% Phillips Petroleum. . 10 B PRt Ahetrong tecbnical posi: | tenance of sound operating polictes, | engine houses. including machinery and Prompt_ Replies to 820.63 for the same period in 1930, Butte Coper & % 1 g wgw wgw 45 27 Plerce-ArroW....... 4 %o 00 RUGH! Ghr e rmm“mvg“sm’ despite a definitely more liberal at tools. accounted for $2,826.000, as Awnul"’,m an increase of $374,436.82. e A s Plerce-Arrow pf (6. 5 Tt ot oy Comstiiaclive, Side tude toward its eustomers in the past | against $8,357.000 last year. For station Net profits for the six months, after 2 | 23%, Plerce OIL pf. . 1 United: States ram) Hirectore® ofine 18 months. The results for the period | facilities 'and office” buildings, the clation. and all other charges,| 16% 10% Camp W&C Fy(1). joag om0 Al cawd g PRt Dt 1 e e O o it Tioat | continue & record of earning stability. | amount of $7.951,000 was disbursed, as . ere $247,041.21, and after providing | 46% 241a Canadian Pacific1X. 1 25% 258 25% 254 37 Plllsbury Flour (2). 1 the eis Wil e £hC W10 go far owarg | Which has characterized the corpora- | compared with' = $22751.000, ~while 643 Indi . for dividend on 24,250 shares of pre-| 16 9y 1 14% 14% 144 4% | 87 Pitts Steel pf (7). 708 | discoutning its effect marketwise, tion’s operations during other periods | bridges trestles and culverts’ absorbed ndiana Ave. N.W. B he ammount of S1813050. there | 824 21t Caterpillar Trac (3) UL S B i g o Bl era s L {rs i Lok $8,098,000, compared with $17,156.000 & . in the am of ,129.99, there s y . 'y 3 m Tob B s 4 e = —— 'mains the amount of $168,911.22 as| 37% 14 CelotexCopf.... 208 18% 18% 18A 18% | 3914 Postal Tel&Cabl 1 STUBY OF INSTALLMENT ul e earnings on the common stock,| 6% 2% Century RIbMills... 1 &% 5% 54 5% 261 Prairie Pipe L (3) ... 2 BANK ECONOMIES. which is equal to $1.37 per share on| 304 rro de Pasco (1) 1 164 16w 164 16% | 711 Proct & Gamb (2 1 6 “In times like these when the mar- 823,502 shares outstanding June 30. For| Th 5 5 PubSvNJ (3.40)... 3 79 79 SALES WILL BE MADE gin of profit is small, economical opera- the same period in 1930 the earnings 1 Pub Sv N J pf (6 2 100k 1004 100% 100 S | tion is” essential to the success of any th tock Wi 1.18 per & . Pub Sv 2 ool oy ] s y ST e Chesapeake Corp (3) 2 Pub Sve GAE of(6).. 5 105" lows Moirs Jou | B the Associated Press. | ot atsciirsr ssirqeterews aiae 17 On June 30, 1931, the company was % Chi& Alton..... 2 % % om o % 88l Pullman Corp (4 38 t Trends of credit and installment every member of our organization will operating 125 retail stores, as compared 73 Chi & Alton pf. 29 %W K K W 11% T 1 sales in a number of leading retail lines | do his or her bit to eliminate unneces- with 118 at January 1, an increase of 16% ChiGreat Westpf... 2 26's 264 254 25%( 101% Pure Of] pf (3) 108 will be studied by the Commerce De- sary expenditures and prevent waste in ¥ stores. Since July 1 one additional lo- 8% 3% ChiMIIStP&Pac.. 1 ba 54 5 5% b5k Purity Bakeries (3). 1 | partment in its newest semi-anpual Jittle things, the small economies of cation has been secured and will be| 18% 4% ChiMIIStP&Ppf 1 8% A4 8 8% Tedib alinvey Bow P iproguess; whIh | =, th o s bout S ber 1| 15% 61 ChiPneuTocl...... 1 8% 84k 84 8| 218 itadio Corp. 127 covers the first half of 1931. = oy wElle . Ty o e it the esrabiiahed | 651 2213 Chi RT&Pac(mik) 4 39% 304 291 40 | 24 i i . Further Jight &5 to the sxtent 10 | Golar added b6 mronts.” sage s Sewars olicy of the company of expanding its| 33% 174 ChildaCo (Z.40)..... 1 200 20 20 21 | joi8 e e, e o & .. & [which a prolonged disturbance of gen- | Baker, president Bank of Manhattan usiness by the development of new 25% 12'4 Chrysler Corp (1). 122 22 21% 22 22 = . o 65 6's | eral business conditions affects credit | Trust C New York. Tetail stores as desirable locations are | 170 133~ Coca-Cola (11%) [ IR R RN i RepubllaBteal Bt res 4 o 34 payments and bad debt Josses also s | 2 SCE SO = ECE'VE“ E E . obtainable and funds are available. 17% 9 Collins mi 2150 120 12 124 | gl = 2 expected to be shed by the six months® M 4% 20% Col Gas& El (3). 22 29% 20 29, 298, d eynolds Tob B (3).. & % | record s compared with last year, oney to Loan Pennsy Reports June Earnings. 1091 98 Col Gas & Eipf A 5 | 8% 6 1% | when the shift from the relatively high | S¢cured by first deed of ~ 10% 1 0 atively higi Prevailing interest ‘The Pennsylvania Rallroad today re- 16% 6 Columbia Graph 56 levels of 1929 was first being fully felt. J . oited net railway operating income| 11 6 Col Grapho ctfs ke 66 1 The study will present comparable oseph 1. Weller p or . J 4,351,179, inst $7,488,-| 111% 56 Columb Carbon (§) 30% 2 data g S - | pr— e 3, : B e »¢ 570 u‘\m;ux.): :r last yell:‘:r a d:cuue 28% 1: gomcl (1:'“1‘»! @) : 1o : | 13'4 2 mArm S:‘les“?l% :fixi::ri:;fl‘lwn?:(alln:: é.,; Branch Ofiit‘e Serz ice is Pr ouldt’d ome 34 2 ‘omm Inv Tru . 2 2 23 5 04 a of $3137301 Net income ln June | 34, 30, Commm elvents (1)1, & 16% 16 16 18| 1% % BeaboardalrLiner.. 3 el raseon. Ttones shoRieer] MONEY TO LOAN for Patrons of the Net Tailway operating income for the| 12 6% Comwlth&Sou (40c). 24 8 7% 8 7% 2% % SeabAirLinepf 1 ances as percentages of gross sales, and b e first six_months of this year amountec| 13% 6% Congol-Nairn (25e).. 9§ 124 12 12 12 | 634 44% 4 Tosses xesilbitig from Traudtilent Buying/| ON D C o $22635,347, against $46634599 in| 18 3% Consolidated Film... 1 7T 7% Th 7%| 58 33 1 and passing of bad checks. . o Lo 11 3 . the first half of 1030, a decrease of $23.. | 109% 824 Consol GasN X (4).. 32 911 90% 9l% 91k | 1l% 4% Servellne.... 4 s ar assliiie ectlon 995252 Net income in the first haif| 30 94 ContlBaking A 1 13% 13% 134 13| 10% 45 Shell Union Ol..... 14 o REAL FSTATE of 1029 was $64,672,730. 62% 40% gamlx %n(m). L) ;:-. 'i';x“ Sl un%lpusm 1 516TH DIVIDEND. ‘The Pennsylvania reported gross rev- ontl Motors. 2% 24 2% 2% s = L The 516th consecutive dividend pay- T ust leave r co i = enues for June as $39,036.135, against 26 8% 85, s s | 15% 6k Sinclair ConsoiOfl.. 24 bie & helleshaiten wus ickesd by No Commissions or T DO Conyionl = anoe 548,508,888 in June, 1930, and $58,929, B ain o wos sasi| "R 30 HCICDRRTIINIGEyE- 1008 fhe_ directors of the American Mutual | Renewals tisements at any of the following Branches. They : R 5 6514 664 nider Packing. .. s | ewal : 5 4 2 2 °’3r£;",‘i$‘§;m’:.’?;.r o O7es SRR TeNLTEEL| 5% ‘6 ‘midsobsenineir ! !‘;'}:b“"-v"""s‘"{'"‘h' Co. ,g New York. | will take prompt care of it—and without fee; only of 1931 totaled $234,150,081, comparec 2 B% A% 6% 6| 17% T% South Port RicoSux. 9 e el Before R ing Y regular rates are charged. with $204712460 1o the first haif of 2 8 i Sou P Ric Sug pt (8) 10a s el D S Sobistier sl by 71930 and $335,297,665 in the like perioc 1 South Cal Ed (2), s £ - ; | Present Loan Consult in 1935 — 35 16 Cuban Am Sugat of. 308 South DairieaB. ! | In the Northwest 3 2 1% 14 Cuban Dom Sugar... Southern Rw: . . o & g0 5 the case with all the rallroads | 1gil g Cudany Packin (4): Southern 1wy f (3) First Mortgage Loans Columbia Permanent D AT e 5% 24 Curtiss Wright Corp Stand Brands (1.20). o3 30 = strong's Pharmac; unton’s Pharmacy. e e iaereer | 107" 95 CHsHmENEDENS) Stand Comel Tob. T ———— Building Association 14th and P sts.—Day’s Ga. ave. and Upshur st.— ; b during the first half year, BTt = on Tiiarand invss: Gos . 733 Twelfth St. N.W. e OO i NGHENAREHERIROPLIOuk 1»2“ 1‘5.‘: o ;.-c?h‘v“ 7 51% 31', Stand Ofl Cal (h2%) .| Thomas J. Fisher & Company, lnc.{ Cigar & Mag’azine Store 221 Upshur st. — Monck’s Consolidated income statement of ([ M% 11 Devoe & Ray A(§0c). e S IR T 17th and Que sts. — Ken- Pharmacy. North American Co. and subsidiary [ 24 14 Domn Stores (1.20).. «21% 8 Stewart Warner..... 8§ ner's Pharmacy. 5916 Ga. ave.—Brightwood panies for the 12 months ended 21% 1T Alr (11%).. 0 V. - v < ol P June 30, 1931, shows $24,365,005.66 for | 78% 61} « :;!a 25'4 Stone & Webster (3). 5 15th and U sts—G. O. harmacy. common stock after all operating ex-| 107 _ 71 0w 56" Buperhencer (. % olum| ia u' M ssocia ion zsg“l“"m 4 Collifl Ga. PPt :,“‘i Kennedy st. goenses, interest charges, depreciation | Tggn 118 e Scouak = =l 2 g t » st.—Colliflower —Lampkin ‘and all other reservés and preferred| ‘g1, 91 Eaton Axle (1.60). ::: s IR 4 Art & Gift Co. 2901 Sherman ave. dividends. 74% 3414 Elec Auto Lite (8)... 1% Tia T SpunE). 4 716 11th St. N.W. 3401 14th st.— Bronaugh's man Ave. Pharmacy. These ‘earnings for common stock | 0% 304 Elec Pwr & Lt (1 S e hoandiE., T th St. IN.W. Pharmacy. 6224 3rd st. — Stewart’s 2 2 nde rvi s - rndsr:! June 30, 19530. o.mx of 45‘?";;“ :;., 9 4 Tide Water Asso Ofl. 10 o o Hohberger’s Pharmacy 1905 Mass. ave. — Dupont ecent. compared with those for the 12| 13w f; S:V :mo Wat Aspf (6).. 2 C unded 14th st. and Colorado ave. Pharmacy. S Tl | it 2 JEmmlunt | Pays 5% Somramec N e v, ot L ERRE - Mount .Pleasant s stein’s Drug Store. S| 30 114 Fed WatSv A (2.40). 3% 1% Tobacco Products. .. emi-Annually ~ s J e a anar Amer | esesanon Firest T& R ot (0).. YRET) Tobacco Prod A 1355 6 it Cigar - aTsLEN: sthe 12 months ended June 30, 1931, 69 41 First Nat Strs (3%). 6% Transamerica (10c) 9 an ews op. B eiskin. ol ‘compared with $5.06 per share for the| 94% 21'% Foster Wheeler (3). 11% 6% Tri-Cont Cor 2 1773 Columbia rd. — The North Capitol st. and R. I. .corresponding period “ended June 30| 358 3008 FOUTRAAS (2 32 S5 Tuin Cliv RT of (7) 208 Let Us Refinance ” Billy Shop. ave. — Parker's Phar- ¥2930. Appropriations for depreciation : 13% 8% Union Bag & Pa, . 2162 California st. — Co- macy. 434 22 -Freeport-T a) . : s, 2 Y M L 2 & veserves equal 10.89 per cent of gross 72 4315 Union Carb& C 2 our Maturing Real Estate Loan - i rnings for the 12 eathe lendea Jone | T 0% © 3 \GRDHNICO .5, 26% 14 UnoONl o:rle(cl)’ .W 2 1; & wl‘:.:"y B';'hfinf»h ":(2 i l;’(" - e @0, 1931, compared with 10.81 per cent| 60 42 Gamewell Co (5) 206% 137 Un Pacific (10). 1 - ardman Parl armacy. rick. 5 " Tor the 1930 corresponding period. 2% 15 Gardner MOtOT...... 387 20% Unit Alroraf 2 No Commissions Charged 215 N. Y. ave.— Sanitary 21st and G sts.—Quigley’s ponding pe = . e Gross earnings of $121,827,955.19 for 'Igu SnUoI ::l,:k(fllr“) 0% 48 Unit Alrerattpe (3).. 1 h‘l’har‘l‘m;gy.m B i 25;1.'"2““'4 = She 12 months ended June 30, 1931, 4 15% Gen Asp! . . nit Carb ¥ » ° an .— Duncan’s st. an a. AVe, —— reflect the elimination for. that’ entiré | 264 17 Gen Baking (1) B 4 OmtCirarsiciall 13 22 Years’ Successful Business < Pharmacy. Herbst's Pharmacy. riod of gross earnings of the former en Baking p! nit Corp (76¢)..... 53 With he L f a Di 7th and K_sts—Golden- 3315 Conn. ave. — Joll’s Bhlifornia * subsidiarics, which were| % 5 Gen Bronse 52! 44% Unit Corp pf (3 ithout the Loss of a Lime o e o ‘ Saiihin ®old on June 12, 1930, to Pacific Gas| 4% 36 Gen Eieo (1 37% 26% UnitGé& Im (1) b%e ,l; berg’'s (time clerk’s Newsstand. & Electric Co., dividends on the com-| 12% -11% Gen Elecspeo (§0¢). 50 38 USGypsum (160)., 1 desk). Wisconsin ave. and Macomb .mon stock of ‘the latter company rc-| 56 43 Gen FoodCorp (3).. 77% 24% U S Indust Alcohol 2 7th and O sts. — Lincoln st.—Harry C. Taft. ceived therefor being included in other | 8% 4% GenG&EIA (s30e). 108 S U peatuar... . o i1 Drug Store. 4231 Wisconsin ave.—Mor- aet income. Gross earnings for the eath prpf (7)., 1 7th st. and R. L ave—J. gan Bros.’ Pharmacy. preceding 12-month period include | 48 8%, 20 USPIpe&F (2).... 3 French Sii Takoma Park, 359 Cedar st. . 108% 95 Gen Motors pf (5)... 36% ' 13% US Real e e edar st. days from June 12, 1930, to June 30, 23 8% Gen Public Service, & 40 USSm & Ref pf 3%. 1 ‘orster’s armacy. macy. s 1930, 9% 2% Gen Realty & Util. .. 162% 834 U S Steel (7)., 343 ot 154 3% Gen Theater Equip.. 150 136's USS b Brightwood Banker Wins Trophy. 9% S UsivBlorssa e, 4 YOU CAN REGULATE In the Southwest In Georgetown e William B. Robinson, Brightwood 48% 24 Univ Pic 1st pf (8)..110s 10th st. and Va. ave. — 30th and P sts.—Morgan pes! Bavings Bank, won the annual golf :lli 9% Univ Pipe & Rad pt.. 108 INCOME Herbert’s Pharmacy. Bros.” Pharmacy. tournament of Washington Chapter, 19's Utll P&L A (et2.16). 11 316 41 st. — Harris’ Drug 30th and M sts.—Brace's IA’. 11 B;K.;vhlexb he ’def(r':ug Di C. ;o:‘;s. ;69. 28% Vanadium Corp's 64 il . Store. Pharmacy. o nion "us’ 0., . - Y g v Vi o ’ 1ay son also nad the low score in the quall.| 52% 30% Goodyear TirekR (i) 71 S84 vhCar Caem pr 7). or If you will employ” your surplus o, and L sts—Columbia 3411 M st—Moskey's Phar- i) unds. 18% 10% Grand Union....... - = - 5 R 3 armacy. y. o € PR Temilt of his victory he will take | 20% 18% Granite City Sieei ) Zos 24 ward Bang gt - 1 funds by investment from time to 2072 Wisconsin ave.— i f the W. W. Spgi’ v,| 39% 26% Grant ( Y 41)...e varner Bros Pict... 8 H i Haney'’s. e b Ceenr B Grog Amedens | €9% 43% Great Northn pf(). L Warner Quinlan 1 time in our In the Norlheaxt. W evetanalorit Becurtty & Trust Co., last year's win- “:.:::m Elpt (6)... 10s 0, 208. Mass. ave. — Capitol Donahue’s Pi:nnnacv i Der. Grau made o gallant effort to re- | 63 Gy Hann DuSt o (%) Western Datry 5e: 1 6% FIRST MORTGAGES ——— Rl el 35th and O sts.— Sugar's n the trophy, but was unable to win| 58 40 Hercules Powd (3).. West, > th an sts. — Home y his match with Jones in the semi-finals. ( Ve Ma, .l 2 S rug Desy Sters. e ———— 50 Wb L * you will create a source of definite 90 B St Garren's Musie flol:rf:g?:rl: T ol i % 20 Westing A B (2), ... Over a Third . : . Store. i Ship Line Changes Hands. T s 107 64 W un,mufl’, 5. a8 and liberal income—money making 12th and M ave~Lueks x BALTIMORE, July 25 (Specia).—| tar g 0. Ag“ :\m-c;\;-gltguoun 2 of a money for vou, without a worry, ett’s Pharmacy. Ity the Southeast a The Standard Fruit & Steamship Co. | ~go= o iotcs g i Wluy--mmfl.‘; : T = AR i 7th and Md. ave.-—Louis 3rd and Pa. ave—O'Don- 3 of New York has taken over the| gg 213 Indust Rayon (4). 72% 5% Woolworth (2.40)... 13 Century and with the principal safely se- F. Bradley. nell’s Drug Store. Atlantic Pruit & Sugar Co. assuring| 182 74 Ingersoll Rand (4).. 106% 37:4 Worthington Pump.. 18 = o . . North Capitol 8th and Eye sts. ot < Baltimore of the salling of one addi-|. 1% 104 Insuranshares Del A -’l‘% 1 Without a cured by conservatively appraised and Eye—Ken- —F. P. Weller's it Sional vessel per week to and from the| 3¢ 19% [nterb Rap Tranait.. 11 Zonite Prod Corp (1) & 3 red Washi ealy’s Phar- Pharmacy. - 15 5 Interlakelron...... RIGRTS, improve ashington real estate. > Groplce, ncement of the change was| 12% 6% IntCarriers Ltd'0c. % % InwurSnDei Ang10 5 W % % % Aee gl b made by George Ward, Baltimore man- :‘:” fi:: = :‘""i'l'A"g’)« PAyIRSeRd,Tates as given in the above table are the annual cash LR st nndc 'l‘l.ln:; ager for the New York concern. With % Jnt Esare I AL(e). oty chike® (B tiees quarienly of Ralf yeacly duclarations; May be purchased in amounts i ; the transfer of the business, Mr. Ward | 20% TR .u'). ) I last Tear—no regular Tate. b Payabie in stock, e Payabie in can & Pharmacy, 1907 Nichols said, an additional ship will be added ol e T {0 Spectal prous 8% in stock. h Plus 3% in stock. J Plus 50 c from $250 up. ave., Anacostia - & the fieet now bringing tropical rults BN LIRS A R0 Tesular Tate. n Phis 8% ‘th stook, P Fald Lils e —Healy'sDrug | ~ this city. Store. > Mr. Ward, who was manager of the INTERES' . 8 ] concern until it discontinued T RATES. I‘::ldde.r':v bfi%fi#fln‘f our stock- | ultimate consolidation of Sinclair Con- - ; “:;pl‘ndmm— Business and was taken over by the| «p pank is a quasi-public institution. | laree o extravegant , US P&y | .lidated Ofl Co., Rio Grande Ofl Co. New York company, said that in the T8 gant salaries now, and . » Lincoln Park It has to serve its community and it tockholds Associated Oil Co. - » Pure. ‘the ‘usbasy will be- handied | 14, has to serve its community and it four stockholder i certainly entitied to |and Tide Water ., De: Pharmacy. 3 some return on his investment.” says |gotiations have not. yet reached the 2204 Minnesota ax H