Evening Star Newspaper, August 17, 1931, Page 13

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FINANCIAL NING STAR, WASHINGTON, D. C, MONDAY, AUGUST 17, 1931 FINANCIAL, BANKNGNSTTUTE || NEW YORK STOCK EXCHANGE | STOS SLL OFF |t o mce H excepting those designated by the letter s (305) (2505). % % o 11 Co (). ea ‘ - Hie Ghev.iomi | stock and Baies— " .| % prmi et e - Woolworth Co., said he found business ||| As Mortgage Loan Correspondent P SRS % viden te. Add 00. . § X . | 78 74 Gen Am Tank Car(4) i 2 conditions abroad, especially in France, ||| W 3 toa. 1 : 14% 3% Abitibi Pwr & Paper, 1 7 3 ait (3 : § . . " o ; 1 #English in Business” 10 Be| 251 1112 Adame Express (o 2 e STy : Traders Skeptical Pending | snowea some improvement, Comment- of the Metropolitan Life Insurance 32% 224 Adams Millis (2) 9% 5 GenBronze.. s a e e ing on the business of the parent com- | ||/ Company we are replmd to assist you, Taught—Faculty for 1000 AN Reduedon(te%, 12 o 2::?‘{;‘,;{:,1’;‘ 3: 10 Signs of Definite Turn pany in the United States, he said ||| oy P b . p Alr Way Flee Appl.. 1 g et e i s % 4 A that at the close of July the company's | ||| £ ' 2 Year Chosen. Alasien Tuneas (496) 4 waetlg AR B R B in Business. g |osles were less than haif of 1 per cent Construction Loans in Any Amount . e e % 4 Goniunts 5 o ¢ behind last year, “and with a fair Au- gust we should be able to overcome Allegany Corp...... & Gen Mills (3). 9 9 &) Alleg Cpptw o w., 1 w 31% Gen Motors (3) . 4 3 BY GEORGE T. HUGHES. N T R S The Wash Chapter, American ‘ 5 A - - — ington D Allled Ch&Dye (n6) . 3 5 Gen Motors pf (5) 3 3 | Special Dispatch to The Star. Aggregate net income for the first Institute of Banking, is planning new Allis Chalmers (2) 14 Gen Public Service 9 3 s | e A ‘ o y D e, S 3 NEW YORK, August 17—Stocks had | half this year, reported by 335 typical ||| (Pl features for the year, including a course | 3¢ e ik S : Suly e 3 48 T 50 |a substantial setback today in & mar- | industrial companies, amounts to $329.- | || REALTOR i “English in Business,” it was dis- Am Brake Skoe(2:40. . 8 ket session unsettled by the news of | 095000, a 48-per cent decline from the | i1} today _fol- Am Can Co (15) 3 F : f L 8 4 | the Ohio banking troubles. The selling | $631.733,000 reported by the same com- || . o3 g a g & meeting ‘ Y3 - - 2 had the upper hand during the morning | panies in the corresponding period last | || Washlnglon Bulldlng District 9486 Eeturiay afiernoon ? ¥ 5 3 A : - ol and again in the last hour, with de-|year, a survey by Standard Statistics of the board u‘:: 66 Am Chain pf (7). ool : 3 69 9 9 § ,c‘lu(,p.wflm .;g“:: cancel a good part of | Co,, says. . I gover t 3 : 1 3 - : st weel g Gl i s Sl A S g Gobel (Adolf). . ; The best fhowing Was made by the| The Federal Reserve Bank of New |l Lowne made i the Disarice o) Colinibls Dr. Joseph Rogers, % Am Comel Alcohol. . Goodriel . 2 29 |ofls, which were in demand all day,|York has recelved $1,365000 in gold and nearby Maryland and Virginia deputy eotacer Gt Am Furopean Secur, 15 ) e i #i 37 | although without much pricedcm{:gl: from Mexico. I § E S B e i 4 Rails were heavy and the industrial the District, at A - . y oy, ) s 5 on which speculation has centered of | & ey Galesville, Md. Am & For Pw 5 P : colns minted during the ichard A. Nor- A Fraw Stahtp (1 - > < ooy AP ; late, sold off easily. It is doubtful Ric A. No m Haw StU'ship % i 2 = . e heo b was Yauch: real liquida- | TeiEn of Queen Victoria have recently ris of Lincoln Na- 5% Am Home Prod 4.20 3 2 4 v 2 g appeared in Scotland and are believed L Befik, chalr- : Jtn'Ics Co i), 9 ; 515 13 a Strs (h1)., | i law|ton. Most of the offerings came from | ;e from hoardings of the thrifty. man of the Educa- Am International 5 Grand Union 3 5 it lho.:t;] w&n ’unl, ‘g few days ago were —_— s on_the buying side Honal Committee, i - A e ) 36 Grand Union pf (3) 5 43 Of the other markets wheat and cot i J ;epo;:ed1 thn§l &n 3 o 8 3% 28 nt (WT) (1). B | ton were the most affected, both weak- First Mortgage Loans E lfltflble CO'O atlve Bld Aass aculty for al e - = B by . 9% 35 Great Northnpf(4). 8 3 8 ening in sympathy with stocks. Sterling LR e vt g M. S ) Great Western Sug.., 9 S 9, 5 | R e e e e Organised 1 Sist YEAR oom selected, but that . 8. Quinter. 4 5314 Am Metalpt (6). ..o o T 35 Cuipaby Geution .. : ports from London were optimistic as | Lowest Rates of Interest and Commission JORN JOY :nsou, president WALTER 5. PRATT, or. $he. ookiiritittes ‘Was o e ot Am Natural Gas pf, 9 E Hackensack W (115) | to the situation on that side. Although 4 B N he Aty Sigtian tn Bual A Newn (FR%) sacken Wat bt A 1% 1008 [ there was mo increase in demand, time | Thomas J. Fisher & Company, Inc. Subscription for the 101st Issue of Stock Being he-nd Hahn Dept Stéres. .. 5% + | money was in smaller supply. There ness” course, which in all probability Am Pwr & Lt (11). % " Am P&Lt pf A st(b % 315 Hershey Choe (5) 9 100% 99 was no change in the call rate. il be offered to students during. the A SETEIEA - 4" 93 Hershey Chocpf (1) 2 104 - 104 31| The market openea moderately lower. |NENTERPRISE SER]AL See Us If You Wish a Loan Holland Furn (+2%) 2 2814 | but the selling increased in volume and "Tuesday, September 8, has been set | 37 Am Rolling Mills 2 3 as the dinner meeting of the Education- Am Ship & Com %Wl Houdaille Hershey., 3 7 by noon there were losses in active BUILDING ASSOCIATION al Committee and the faculty, when ! ‘Am Smeit Ref ¢ HOUStON Oll. ...\ s 3" 43 1} | issues running from 2 to 5 and 6| 1 % B e "R Qlotmed | 102% - 81 oy doeghid ey Houston Oil (new).. 12 9 . points, the latter in the more speru-‘ 7th and Indiana Ave. N.W. Those who desire to on Real Estate and arrangements rounded up for the Am Sm & Ref pf (7). Hudson & Man (315) E 36 36 lative type. The excuse for the selling - " - opening r;? the school. Tv‘/’pn’,y»une 5% Am Snuff (13%). Hudson Motor (1)... 12 3 13 B g was the failure of three large Toledo borrow money to pur members of the hoard were present. Am Soly & Chemical Hupp Motors ’\mnk« lo open nl,(r business Back o{ chase a home, refinance or to Aubrey O. Dooley of the Federal-Amer- Am Steel Found (1) o TNinois Centrs o . | that was the lack of definite signs of | resent indebtedness o —— ican National Bank & Trust Co. who Am Sugar Ref (5). e ol i the Autumn seasonal revival for which |JON IMPROVED DISTRICT OF P t inde ety i uh; is president of the chapter, presided. Am Sumatra Tol Indian Refiningff. 5 all_are looking. COLUMBIA REAL ESTATE improve prope: sho! T‘ke ‘ l a T 15 3an, a3p J. 1. Case was picked out for special SECURITY see us. Applications will Am Tel & Teleg (9) . Indust Ray 4 Government Bills. ndust Ravon (4). . Am Tebacco (16). Tugersoll Rand (4).. FTR: 9 9 ! ?lf,“;‘ks';‘l‘flrg:{“f ‘,‘,"n“’l‘ e o 66th Series of Stock Now Open receive prompt and cour- The Federal Government is in the | 13 Am Tobacco B (16).1 o > 2 > market again for more money, this time ‘Am Tobacco Dt (6) sa rts o o <o O 4 as it had gone up 14 points last ' For Subscription teous attention. with an issue of Treasury bills to the Am Water WKs (3) .o IntCAPMAT I, 2 Ne ek 7 | week, today's decline represented little J James E. Connelly James F. Shea amount of about $60,000,000, to be sold Am Woolen Co. . ..o Int Combuntioh. Lol more than a readjustment of a specu- President Secretary on a discount basis to the highest bid- Am Woolen Co pf..a Int Harvester (214 38% 3% 3R 7% | lative position. Auburn Auto dropped ders. ‘Tenders will be received at the Am Zine & Lead Int ERrWeRSr Tt 1 At b 38% | between 7 and 8 points, but that also Federal reserve banks up to 2 o'clock An-condl(‘op( Int Hydro Bl A (e2). 24% 237 2 was not to be taken too seriously, as ‘Thursday afternoon, but will not be re- onda W & C (1) Int Match pt (4)..... 5% 495 the stock normally moves through a celved at the Treasury Department. Archer Daniel M1 {0t ORI AT, o~ 4 wide range. ‘The new bills will be dated August 24 4 Armour of 111 (A) Int Nickel of Can (40. 4 131 Of the standard industrials, Eastman and will mature November 23. No ten- ‘Armour of 11l pf Int Paper o€ (7T e e 3% | Kodak receded 4 points, American Can der for an amount less than $1,000 will 5 Artloom Corp...... Tit Paper i Bwr O, - 10 almost 3 points, United States Steel | be_considered Associated Apparel., 13 9 Int Paper & Pwr pt. - e between 2 and 3_points and Allied LOANS Noteworthy in the report of the In- Asso Dry G (234) ... 10 y Int Shoe (3) S i i ~ep . Chemical between 3 and 4 points. In ternal Revenue Bureau on 1931 fiscal| 203 Atch To&S Fe (10).. 23 3 Int Sitver pf (7) 6% 6. - the utility list American Telephone & On D C Propefl year internal revenue receipts, out to- Atianilo Refning (i 24 rivd ot Ly Telegraph dropped 4 points and Amer- | y day, is the fact that the District of Co- Atlas Powder (4) 39 7 Interst D8 pt xw (7). ican & Foreign Power 2 points, while Can be arranged promptly. Jumbia is one of the few taxing units Auburn Auto (f4) 7! 7! bty b - b others were down from a point to frac- | bbbt ko tions. Rallway shares were lower, with No Renewals . . . . in the country to pay in more income Autosales. % ru i r. - - | i taxes on individudl mdeemes than on Autosnles pf SN InvestoreBunily ;. o i the higher-priced issues, such as | [l No Commissions . . . HY worry with the details of property man- corporation incomes. From this city Aviation Corp (Del). BT1% 364 Jewel Tea (4) 5 Atchison and Union Pacific, selling off | ( agement when you can be rid of them all b' the Government collected & fotal Of | Jrr——p————————memee 80% _40% Johns-Manville (3). . ¢ the most. New York Central was weak | [Hil 69 i (] = putting the matter in our hands? $12,716,156 income taxes, including $6, Baldwin Locomotlvs, - ~84 40 Kan City Soupf (1), _.. | and so Southern Pacific B o e e % O ) e 10% Kayser (J) & Co (1). 2 *| "'In'a market entirely professional, to- | [i You'll find with our organization we can mate- amount of $6,695,474 individual income e D &1 Kelvinator Corp. 7 1% 11 day's setback is to be given no more | > e e eee rially increase the net income from your investment r the previous naul Beech-Nut Pkg (3).. 1 g 20 Kendall Copf (6)... 508 B 5 9 | Both were the result of operations by | ’ Saturdays Until Noon $14,684,853. T SR P TR e ; 4% Kreugs DuptBtores. ; « 5ut|did the movement reflect any opinion | Property management is a lpocullnd feature of The District of Columbia Life Under- to any trade developments. Entirely - SO Slein (%) 9 Taten S ($). -ov fessional group, but without some one to - - 100 UOIOL- Y AN < 1o » - -—.-b--. - mu '.rhe SN Moame the BAte whe Barnsdall Corp'n. ... 45 B 2 2 Kelbaptaveiwaea 3 importance than last week's recovery. i . 2 gy o LS B ¢ Open Daily 9 to § —and at the same time relieve yourself of all the yur Plo%0. ‘rm.n internal revenue from 16 - - - 3 14% Kennecott Copper (1) 19 7 the small band of traders who are al- 7 Bendix Aviation (1 04 I e v e bR 17% Kreuger & T(m1.61). 3 {on the part of the outside public, or our business—whether |t’|mlpartm¢nt house, office .| 423% Bethleh St pf (7 5 P . il 3 is planning an out- . - em 8ti pt (1) Lambert Co (8)..... - ; . 5, | llquidated as it is, the market responds 2 I PROMPT remittance is Beatrice Cream (4) city in the 1931 fiscal year was S AR 25 Kresge (88) (1.60).. 12 273 ar | ways buying and selling. In neither case | [l NAtional 1381 incidental annoyances, ki even of the more serious speculators, as < i bmldmz. residence or business try Club next 9 Bloomingdale pf (7). 30 9 4 T.ee Rubber & Tire.. readily to the y maneuvers of this pro- | i i o | i INVARIABLE rule of this ofiec 764 Borden Co (k3) . 3 Lehn & Fink (3). e RANDALL H.HAGNER & COMPANY General arrangements are in charge of | 30% Borg Warner (1). 9 Libbey Owens Glass. vid B. Be 3 F 2%, Botany Con Min (A). %, Toigi vers B (15 them up or some one ready to liquidate - RO preovet e after they have sold them down, prices | 22% Briggs Mfg (11%).. 3 3 Link Belt (2)...... Re-Elected. 94l BKlyn-Man Tr pf (6) 9 B Liquid Carbonic (3. will not go very far in either direction. e ot g Lt William S. Quinter, president of the| 129% Bkiyn Union Gas (5) Loew’s Inc (3) & District Building and Loan Association| 9% Bruns Term & Rwys. o] LottInc... cece y city, was re-elected national ex- | 20% Bucyrus-Erfe. Loose-Wiles 12.60) -4 oole on Vacation. ecutive committeeman of the United lg"n e ke 2 % 11% Lorrillard (P) Co. John Poole, president of the Federal- States Building and Loan League from | 1% o i AR 235 90 Lorrillard (F) pt ( American National Bank & Trust Co., the District of Columbia at the league'’s s L 34 25 Lou Gas&ElA (1% | has gone on a short vacation with his :mve:;mlh::nlc"ml;?flpc:lln. g‘i.e len{e! B“m“‘“ Wateh (860) 8% Ludlum Steel. .. family to Eaglesmere, Pa. . Brasiiant of the logns. g o Burns Bros cum pf.. 108 5 19% Mclntyre Porc . 2% 214 2 > . FIRSY MORTGA ' ] X The Treasurer of the United States, Burrouwbbak M{ 4% ) 4 el . 6 SILVER QUOTATIONS. GE Walter O. Woods of this city, took to| 20% Butterick Co e e ) ”” the convention the personal message of __w___ 3k 3 N SO ehRat Miey gea (1); President Hoover, recognizing the cen- 20% Calit Packing (2) ; Tore Marine atiala 20y, tenary of building and Joan movements. % Callahan Zine & La 18 © Marlin-Rockwell (2 Mr. Quinter, in discussing the situa- 281, Calumet & Arizon: 3 E s tion, declared: 10 Camp WAL Fy (1) o 52 Marmon Motor Car.. “People are today interested primarily 29% Canada Dry G A (3). 3 3 3 7% Mathieson AlkiM (2) in the safely of their investments. 21% Cenadian Pacific 1% . 2 - B A sbon AN GPLT Community institutions command their 17% Cannon Mills (1.60), e et et confidence far more easily than far- Capital Admin (A).. . LR e away investments of other kinds with 51% Case (J 1) (6) 10 2" Met-cold Pic the lure of ‘big money overnight. The Case (J 1) pf (7 s S building and loan associations closed (_uerpll.ar‘l'r-n(t . 3 3 4 3 i b on A their first century in this country with Celotex Co. . Nifland Bisel () @ record of dividends paid throughout Cent Aguirre (1%). : i AN et its Pow. 17 major depressions.” Century Rib Mills. .. 5 M 8P :s S Mar ¥ Cerrode Pasco (1).. < Virginia Public Service. Certain-Teed pf 3 5 35 et i oy P T T NEW YORK, August 17 «P).—Bar siiver_steady_and_unchanged at 27l | : it (A il . J YOU CAN BEAT M L o S Gt e T e Y ‘ DEPRESSION * ing interest and commission. Joseph 1. Weller fimeh s § it if you keep investing your surplus funds in our 6% FIRST MORTGAGES You will establish a regular and —For Building definite income so that you will be i Public_Service Co., subsid- Checker Cab Mrf . 3 | tary o Beaboard Public. Servieé Co, Te- 7 Chead Ohte (5. 18 3% 35 30 Missourt Pacpf By, —For Refinancing immune to the effects of passing ports 0ss operating revenues of Chesapeake Corp(3) . 3 5 3 . b 3 mefln' T " $7513,087 for ‘the 12 months ended | 27 i Great Weatn pt. - Monsanto Chem (13 2 o 21 ! completed properties. depressions, June 30, 1931, compared with $7,219.-| Chi Mfl SIP & Pac.., 8 4 . v 9 15% Montgomery Ward. - 215 i : : 31 or the tame, period & Year 260 R bt R e, oE | o detass are encountered i {1 Over a Third In such an investment your prin- t earnings, ore preciation, Chi & Northwest (4)., 9 7 2 " 7 | ni o I i i q 7 f;w.nieé“m s3,822.300. m...pmamm, Cbi ;)...?Z'T":K - . T - E have adequate funds for [{ [| | securnie loans on fret f|f of s cipal is safely secured by conservas was $1 ChiRI&P 2y » 4 - : P . | ” g ively i i v /. - 103, compared to $1, ¥ state in nearby Montgomery entury E £ - i AORtE I resources of this company. s ington real estate; and the return Trading on D. C. :xemm | e Sosh Tt (3 Bl y 6 38 2 County, Md, and the District g o 2% . b o 0% 30% 30% Nat Acme Co of Columbia for periods of 3, rermic us to give you fu I Pithowta - of ntgdest is changeless from the Trading was moderate on the Wash- | Lo it . . o i I 3 fgton Biock Exchangs foday, with prices | g ; 2 312 Nat Bella Hess. -« ... ; 0w 'ewlfl 5 or 10 years. Prompt deci- ligation on your part. | beginning of the loan to its ma- holding generally steady except for a! 33 7 : 7 7 7 3 55% Nat Biscuit (2.80) . 59 5 sow || sions given applications. drop of 15 points in Seventh Street Sav- | 4 Alm-P pf (6).. 3 3 3 3 39 Nat Cash Register 2 i mz; Bank Stock in three blocks of 10, 10 9 Collins & Atkman... 3 13 3 3 Nat Dairy (2.60) 52 35% 5. | l I m[surm turity. ' and 4 shares, which went at 200. The | 32 9% CofoPucl&Iron. ... 3 15 5 3 9% Nat Dist Prod (2). N 29 2 o 0 s Jast previous sale. according to thesex- AR .. 34 § 3 W 20 NatPwr&Lt (1). 6 264 2 I I May be purchased in amounts change report, wes 305. 9 5 2 5 [ 33 Nat Steel (2 9 INTEREST from $250 up t Columb 5 oply A P Washington Railway 4s were sold & Columb ¢ 5 s NutEupDIy Co. < o200 0 P BOSS and PHELPS CDIIPDlle #3),, a fraction up; Capital Traction o Col Graph cts . " n 2 8 NatTea (1) stock at 38, which was 1% polnts drop: Columb Carbon (5) 2 7 9% Neisner Brothers 3 Realtors I Washington Gas 65 B at 1081 as| 22 3 Comel Credit(2).... 1 17 7 Nevada Copper (1).. \ 0| FOUNDED 1807 1610 K St. N.W. against prior sale of 107% and C. & P.| 35 30% Comcl Credit A (1) % Ak 55 Newport Co (A) (3). e e 54 L KW, National 1403 = s 3 Vir “omet € (6%, 1 8 “ - v orrespon I phone of Virginia 5s at 105. Mer-| Come! Cred 1nt(8 s A Steel Jonm HancLoETCOTTSIPORIENE o, genthaler sold at 7 qu: as pa:mrolue 3 2 :'omu :r\\’ Txu;v 2 2 b 2 >3 NY = - 3 2 R g While Real Estate Mortgage uar- St Invevpl(es), 1 85 89 - it - it S : il ‘ » ;! anty preferred was active at 6%, Lan- | Comel Inv Tr pf 6% 2 101% 105 | T WO s : ationa 925 15th St. N.'W, Ston turned over at 87. a fraction up. | 2 Comel Solvents (1).. 165 184 17' 17% 18 W 58 NYNH&HArt(6). Washingion clearing Tiouse figures for | 12 ComwithSou (40c) R | NYNH&HDI (7 ay. $3108,824.77; for Saturday, $3,- % Congolm-Nairn (1) 13y o 1% NY Ont & Wentern. . 2% 12 12 » $3062.04, } Congress Cliar (4). 1 : W deni A8 o ey - . 5 hill. N @ Cox | THERE IS NO SUBSTITUTE FOR SAFETY 2815 Consol Clgare E 36% 3 29 Noranda Mines. . ..., 2 9y 2 emp N oyes s onso! as “‘ 24 96 v 2 Norfolk & Souther 1 " & - 4 - ers o1 k Exchange Maki 20nsct Fitm 222 ? 7 139 Norf& Westn (112). 167 166% 166 Members New York Stoc Prmpen!v Itk st ‘onsol Laundries : North Am Aviation.. 5 84« 8 8 ! 15 Broad Street, New York « « ¢ Merie Thorpe in Nation's Business. 2 ConsolRwys pt (8).. 2 56% Nor Amer (b10% stk) o 68 « M I Y L L L E ey Too frequently we hear intelligent “onsol Textile. .. g . North Am Ed pf (6). 107 men say that we shall never return “ontl Baking (A) 3 3 19 1 3 Northern Pacific (5). 35 3 E again to the golden days of me‘ p‘flm’efl “ontl Baking (B) 1 e 5 g years, because there s mo automs ‘ontl Can (234) . . oil. o 8 " u or radio, or phonograph, or_electrical e Shwar (2. 4%% 10 olvRrmEaprpl. 6 ;; 11 AUGUST SCHMIDT c y say on o 2 - 35 Orpheum Cir pf (8).. 80s industry on the horizon. They say ntl Motors. ... oo Otis Sisvator 03D, 1 and they can see no counterpart in industry ‘ont1 Ol (Del)... 5 o : ¥eg : - 2 LAWRENCE R. LEEBY ¢ i « ut ic! ve work to| 3 3 C s s 3 " &!hc automobile, whi Contl Share $o 3 ot (D 808 e Announce That ce or four o five million people. ‘orn Products (14)., 12 67% 68 L i Swens it Glams (3).. 6 ¢+ 45 But who is so reckless as to say tha orn Prod pt (7). ... . E AL L Wl AL A y & i /i ir Stimulation of men’s minds which | Coty Inc 5 F9% 98% Pacific Lighting (3). 2 58 Have Become Associated With The: Ty devmmcnhn't“nr will not DrDG\‘l;O | 3415 26 Cream of Wheat 1214 1 5% Packard Motor (40c 7 7 #dmething whicl again sweep the 124 Crex Carpet.... % 3 1 19% Paramt-F 2% p 24% 23 H o will 430 reesrvoirs 61| (3" T Creatotepecel o o1 3 3 T 1% PaineExchanse ,< Washington Office potential desires? % Cuba Cane Products. p R N 3 Pathe Exchange (A). 3 5 5 PR, . Pessimists wy that ulm-‘\:nhi: too 1 Cuban Domn Sugar. . » " w 2% Peerless Motor Car.. 2 3 p p Shoreham Building expensive, but how many said the au-| E Cudahy F 281 Penick & Ford (1)... $ 38 5 8% 3 Y tomobile was too expensive? They say urtis Pu 3 69 n i Penney (J C) (2.40). 0% 39 August 17, 1931, Telephone—National 5334 that air transport will never take the tins Wright. ... 9 3 3 40% Penn Railroad (3).. ] place of land transport, but, again, who E tin Wright (A) | 35% 23 Peopd e (1), Would 50 rashly stake his reputation on | s————— & 183 Peoples such an astertion? - P Davison Chemlc 8 6 Petm Corpof Am(1 In a land where industrial ndvmcd 140% Detroit Rdison (8). . | 6 803 | pges 11 Phelps Dodge (1) are the rule, history deals with cha 14% Diamond Match (1).. s 9 5% Paiia o ¢ g i rather than with crystallization 816 Dome Mines (1), » 13 1 ‘ K high “standard of Jiving” of which the Dot Btatas (LIS). 2 ' - - e S 8 8 | . United States is properly*proud is but Jongtas AT L5 ), 194 19 4% PLiNps Petroleum. . 22 9 9 i & t omeor another way of saying we have more | Drug Carp (1) 3 i 8% Pierce-Arrow pt (8). ¢ A consumers consuming more things that upikn Sitk pt (¥) . 1 5 % Plorce ¢ | make for comfort and haj N IR R ALY g 1" Pierce Petroleum : 5 Philosophers may rail we are T Bastern Roll Mils 2 | 25 Pillsbury Flour ( 3 P 3 i roa material-minded, that ‘national well- 5 % ¢ Faot & Co T8 2 ] being is not dependent uj the crea-| 134': 12 Eastman Kod pf (6) 3 3 S | 6% Prairie Oil & Gas k 3 tion of new things to satisfy new wants, Eaton Axie (1.60) 3 ¥ 2 : 198 Pratrie Pipe Line(d) . : I 1 wthe TRANELERS but that individual happiness is nct a 3 Eftington-Schild pt 55 55 55 2% Pressed Steel Car. .. 3 s 3 3 i ; A S more and more Elec Auto Lite (6). 4 3 56 Proct& Gamb (2.40) % 6 . CHECKS, issued by this 72 Public Sve NJ(3.40). 2 8 4 3 | 95 Publfe Sve NI pf (5) 101% 10 ; bank, are as good as ready Elec Pwr & Lt 159 148 Public Sve N J prs). 59 159 15 8 cash. Elec Storage Bat (5) 2 B8 28 Pullman Corp....... & 30 - 2 B R 1wt B C. e 2 % NnumAllexresnmr. 2 1y i B Your Vacation Funds can be e RR 1%t pf (4). 2 % 5% Pure 5 iod : Eureka Vac Cleaner. 10‘[’: oo% TureOiLvt (b) g 5 carried in no safer or more convenient form, Falrbanks Co pf ciis, 808 e e e K TN - R W - it | Open Until 5:30 P.M. Today Fed 1.1 & Trac pf (6) Fed Wat Sve A(1.20) 11% Radio-Keith-Orph A. 5 Real Slik Hoster: Fid Ph Fire In(2.60) . Firestone T& R (1). | Firestone T&R pf(6) 5% Remington-Rand. i 8 & " X 5 Reo Mnll\r(‘l!(‘"fi- 5 27 Republic Bt"l ... E v | 11 Reymoids lfllnll%l 3 1 0y B Bevnolds Sprin: » i 15th St., Opposite U. S. Treasury First Natl Strs (2%) 'n-mn : i IS 1814—Oldest National Bank in the District of Columbia—1931 SR 0 PR

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