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FINANCIAL. FINANCIAL, { CHECK ON COST OF BUILDING IS URGED|[] o= on Hend to Loen on First Deed of Trust stocks are sold in one hi undred-share lots | _Prev. 1881 those designated by the leiter s (80s) (250s). B Stock'and Frev. Low. s les— E Add 00. High. Low. Olose. Close. 2% Abitibl Po 4 & Paper 11% Adams Express (1).. 22% Adams Millis (2) Fifth District Reserve Insti- tutions Also Increase Allez Corp...... Alleg Cp pf $30 w' Alliance Realty (3 Allled Ch & Dye ( Allied Ch & D pt Alpha Port Cemt (1 Amerada Corp (3). Am Bank Note (43) Am Beet Sugar pf. Am Br Shoe (3.40) Am Can (6 “Am Car & Fdry (1) 1 Am Car & Fdy pf (7) 3408 Am Chicle (13).. 2 Am Comel Alcohel . 1 Am Encaustic Till's. 1 Am Europsan Secur Am & For Power Am & For Pw pf (6). Am & For Pw pf (7). Am & For Pow ldon . ) Am Am International.... Am La Fr & Foamite Am Locomotive (1).. Am Mch & Fdy 1.40 1 Ce Faliionahont Com) of the July 15, 1931, fig- ures with those for July 15, 1930, shows @ continuation of a marked shift fi Joans to investments for the funds of the reporting institutions. Total loans and discounts in the 53 banks dropped 21 or nearly 13 per cent, dur- and at the same time in- and bonds rose by Am St Foundries(1) Am Stores (12%) ] Am Tel & Tel (9) Am Tobacco (18) - Am Zinc Lead & Sm Anaconda Cop (1% )« Anaconds W& C (1 Archer Daniels Mid.: PraRneRalalonnanammiaanm - CnBBORmme~ Atch To&S Fe pf (5), i @ 70 6 i | 8 14% Bendix Aviation (1). 31% Best &Co (2)....... 34% Bethlehem ltu; (;;. . 5338833 o & Bkiyn Bruns Ter & Ry 8. 8% Bucyrus (1 n B a-avvfli't)f ) Buad Whest BullardCo. ... 19% Burroughs A M 11%. 3% Byers (AM)....... iDL I S g8 gfi ook : : B e "Rt aietreh : i E ielf i!""};fl RPrE . | % f Coea-Cola (17%) Coea-Cola A (3), Colg-Palm P pf (6).. "L Collina & Alk pf (T Gas & El (2). ; El pf A (6) mbia Graph §6c. I Grapho ctfs 56c. mb Carbon (5) | Cred 15t (83 | Cred nf B (2). m Inv Trust 12), el inv Trpf 6% . im Solvents (1), . ywith&Sou (4 ith & Sou pf (§) ‘ongol-Nairn (25¢) .. 'ted Fil -3 33;' i e — - 2gee i T CONTINUES STAGNANT @pectal Dispateh 1o The Star, NEW YORK, August 8.—Detroit's heavier sSjpeertnegy 8 Container Coi 1 Co rB. Cont! Bakiog B, Contl Can (23). Cont! Motors. 5 Contl Ol of Del 34 Cont Siares...,. 55% Corn Products (14) 4% Crosley Radio. Cgpwn C&8 pt (2.70). Crueible Steel. recel prom- inquiries; others received a small scattered le inquiries, s few from the Navy. from Detroit te t oduction will hit its low Curtiss Wright Corp. Curtiss Wr Corp A Cutier Hammer . ey r Tavison Chemical Ct e Drlaware & Hud (3 . plans to build 30.000 Denver & RG W pf Plymouths during the month. New Diamond Match (1), has Government, school and Olamond Mteh pf 1% Dome Minea (1)..... Domn Stores (1.20) 6114 Drug Corp (4 5 Dunhill Internat 71 Dupont de Nem (4) 118% Du P de N deb f (8) 21 __Durham Hoslery pf. 5% Sastern Roll Mil 118 Esstman Kodak (18> 9% Baton Axle (1.60). 354 Eftingion-Schild pf.. 344 Elec Auto Lite (8)... 2 FElec Boat N fore next year, with industrial nil and plant activity curtatled. the quiet. Canadian demand is fafr for tools for m::dunm:‘:tu . it 3 General construction there is guiet and 2% 8% | "85 23 McCall Corp (2%). v Satinetl auetad Buas a2 (3) Goodyear 1st pf (7). Graham-Paige...... Granby Con Min (1). Grand 81l 8trs (h1).. Grand Unfon of (3).. 25% Grant (W T) (1).... 40 Great Northn pf(4). 17% Grt Nor Ore (2) 2% Grizsby Grune 4% Haon Dept Stores. .. Hahn Dpt St pf (§%) Hanna pf (7). o 204 Hereules Powd (3).. Hersh Choo pf (1§ Hollander Sons..... 5% Hunn Motors. 1llinols Central (4. indlan Refining. 74 TIngersoll Rand ( Inland Steel (2%) Insuranshares Del Insur Shrs Md(40c). Interlake Iron. . Int Bus Mach (n6).. Int Carriers, Ltd §0c. Int Cement (4). Int Combusti . Int Harvester (3% ). Int Hydro El A (e3). Inter D St'pfxw (7).1 Tsland Cr Coal (4) ... P e T Ted 80% 40% jonhns Manville (3). 162 96 25 Kansas City Sou ()4 24% 10% Kayser (J) & Co (1). 26 9% Kelly-Spr T 8% pf.. 1 15% 8w Kelvinator . 31% 14% Kennecott Copper: 29 25 Kresge (88) Co1 27% 17% Kreuger&Toll (i: 35% 18 Krower G: 3 56 LambertCo (85...., 1 101% 88% Leh Port Cmt of (7). 108 Corp (3 2 Ford Glass. . 60 Liggett & Myer (16). 91% 60% Lizx & Myers B (16). 261 28 Lily Tulip Cup (1%) 56 20% Liquid Carbonie (3) 63% 864 loew's Ino (3). 98 88 Loew'sInapf (6%). 6% 2% LoftImb....... 21% 11% Lorillard (F) Co. ..., 111 61% L'ville & N'ville (5). k- [oporoTe s PI (8. Se~Bew pper (1).. YME oo T4 Manba 18% ‘Marine Mid (1. Marmon Mota# L PN wawndl 208 28% Motor Produ 8% Motor Wheel (1) 8% MullinB Mfe. . 26 Mullins Mfg D! 16% Munsing, Inc (2). Foun muSomn » B 26% Nat Dairy (2.60).... Nat Dept Stor L Nat Dept Strs 1st(4). 10s Nat Enam & Stamp.. 9 Nat Pow & Lt (1)..0 Radiator. Steel (2). Noranda Mines. Norf & t (1 Norf & West pf (4 North Am Aviation. . Nor Am (b10% stk). North Amer pf (3).. Northern Paeifle (§). 19 Norwalk Tire & Rub. 1 ORIOOMl......c00000 8 35 Orpheum Cir pf (8).. 30a 58% 31% Otis Elevator (2%).. § 16% 6k OtisSteel...oooveear 1 39% 25% Owens Ill Glass (2). 1 e e 54% 35 Pacific Gas & Bi (1), 9 69% 484 Pacific Lighting (3). 33 131% 116 Pacific Tel & Tel (7). 30s 5% Packard Motor (48c) 22 Paramount-Pub3%. 40 Fathe Exchanse. Pathe Exchange A, Patino Mines. Peerless Motor Car. . ick & Ford (1)... Penn Raflroad (3) Peop Gas Ch (3) Petrolm Cp of Am(1) Phelps Dodge (1) Philk Co 6% pf Phil Read C&1....u Philip Mor & Co (1).. [ PoonsaBulowaan -4 o e mBa~ 82% 21% 104 32 i | bt b i £ s L 228 5 e W 27 9% 29 56 1T% ™ 5% 58% 24% 83y 3% 23% % 37 11% [ 70 105% 1068 105% 9% :EE Selling. Attacks Cause De- clines in Various Groups. Volume Small. BY GEORGE T. HUGHES. Special Dispateh to The Star. NEW YORK, August 6.—Selling, di- rected first agalnst one group and then in i " v ‘The featuge of the early trading was again the :nvm in the 2?“-& further reflection of . It wa short-co' 82% 80 |in a number of other stocks which %l ;: mvmw sold mb.___. 32" 3u| CHANCE OF CONFERENCE 84 oM &t | 3533e3e5 - = , asking if the ELie il i su5 i3 F4-H & were. quaiined soo 2 3 . % Rl " 27 264 e but it is understood 29% 29 - Hed D majority, from . that 56 1% lr‘%flnummm ™ TH PARIS BOURSE PRICES. P, August & (conf Co.) for six months ended June 27, ON: GOAL IS HELD SLIM representatives would attend a joint confe it decided to w}.fim o re h has from that angle the nature tha ~—Three per cent 5% 5% 6 (#). 567 57w | rentes, 87 francs 80 centimes; 5 per 2 % 4% 39% 3% 3 | times. dollar | francs 5115 centimes. DIVIbENDS‘DEC LARED NEW YORK, August 6 (#).— 2% 24% % 4 37 3% 6% 1% 1% 6% 6% 7 - 10 116% 115% 116 °'g:'§ ¢ 9% “Hn 39 8% 31y 45% W 50% 50% 126 126 126% l 6% 6% 8% 22% 134 5% % e ineter Cin 5% n Lincomn 9% 4% a5% 39% 39% 8% 8% 1% 304 45% 48 514 2% 2% 18 1% |gun-Glow Industries. .. .80c 8% 6| whittenton Mie »f 31 o Locomotive. ™ Am Steel Pndries_ 25c | PN 5 R T Ph'nix Hos 1st pf.31.75 Do . 1,78 Natl Dairy Prod.....88c cent loan, 103 francs 80 centimes; ex- on London, 123 francs 90 cen- The was quoted st 25 : 3 i ke i giik g 11 "% 55 HTrelrn by William W. Hoxton, chairman and Federal Reserve agent r:dm_r;mmn DAVID PENDER NET. [Report of David Pender Grocery Co. many stores {contrelled by National Food Products leral taxes, ef a share on 30,207 no-par shares Comtpares with ‘ner loes ot §58530 mwm ended June 28, 19! 1931, shows net profit of $33,235 after charges, Fede equal to Authorized Service Link Belt Chains & Norma Bearings MILLER.DUDLEY CO. 1716 14th St. NW. North 1583-4 2 VISIREF IREF visible cabinet installations represent s devel t in the - et ‘and Rousing of recerds.© IREF may be used to tageously in practi. SRS "PHONE CALL A = will bring We Want Your Business! STOCKETT FISKE To the Holder of George Washington Stone Corporation First Mortgage 61/, Sinking Fnd Gold Bons: .. > You are hereby notified that bonds of the 643 Indiana Ave. N.W. it This | S First Mortgage Loan Applications Invited at we will gladly extend your first payment on such orders to the month of September, Always Insist on “Schafer Quality” Materials E. G. Schafer Co. 4100 Georgia Ave. Telephone ADams 0145 Glover & Flather | 1508 H St. N.W. National 1753 Money Available for Mortgage Loans 3“1‘ u;ll be our great pleasure to give immediate and interested attention to your application for a FIRST TRUST LOAN—on ap-::nent house, office building, residential or busi: e here in Washington or nearby Maryland and Vir- ginia. As quickly as the necessary routine can be ac- lished and the loan approved— wen:nty :: r-ld.y—lof .!. 5 or 10 5%% year periods—and at ...... s RANDALL H. HAGNER & COMPANY 1321 Connecticut Ave. SALES MANAGER Immediate Opening—$4,000 Drawing account against commissions to start., Strong national organization. Give experience and ®fephone; all appoint- ments for Fridky and Saturday. Address Box 193-A, Star Office PROPERTY MANAGEMENT partment House MANAGEMENT B. F. SAUL CO. 925 15th St. N.W. Nat'l 2100 MORTGAGE . LOANS ; C V E SHOULD like to offer our facilities for the placing of your in- vestment funds . . . For more than forty years the H. L. Rust Company has been making first trust loans on im- roved properties in the District of . &qkmbia and adjacent Maryland Sub- airbs. Investors have found the notes SAFE in the abundance of the security —CONVENIENT in their denomina- tions—PROFITABLE in the highest interest yield consistent with a conservative investment. above issue will not be accepted by the Bond- holders’ Protective Committee after August 15th, 1931. The holders of bonds which fits of any recoveries made by the Committee against the guarantors of said bonds. & Elk Horn Coal pf T09% TOW Fairbanks M pf (1).. 308 e e e | - 2 el 1% 5% .o 5% 244 Purity Bakeries (3) 27% 60 FIRST MORTGAGE NOTES S8 sk Rul Fisk Rubber jat pf.. 30s 108 1 siv 11% 17% b o ) Depositary: 5": ; 0 3 Mercantile Trust Company of Baltimore fi ‘ Asndrew T. Mershon, Secretery, 209 E, Fayette St., Baltimore, Md. ]