Evening Star Newspaper, August 28, 1931, Page 13

THE EVENING STAR, WASHINGTON, D. C, FRIDAY, AUGUST 28, 1931 A—-13 NEW YORK STOCK EXCHANGE |{SIOCKSINRALLY | [Washington Produce ) ‘com it nevesses tar | By the Associated Press. Received by Private Wire Direct to The Star Office. mmr_'gnn:&pgun;h%mucéa tub, 31 NEW YORK, A 20.—The 1ist of FINANCIAL FINANCIAL. FEE L voucaxments 1A | B, WILL OFFER GENERAL @ ELECTRIC BOTTLE WATER COOLER and have cold drinking water every hour of the day. Rentals as low as $5 a month with free installation. National Electncal Supply Co. 1328.30 N. Y. Ave. N. W. NAtional 6800 NEW BANK COURSE Frederick P. H. Siddons Is Chosen as Instructor on Management Policies. i A new course in “Bank Management” will be offered by the Washington Chapter, American Institute of Bank- 1 ing, this coming season, to be presented | Siddons, secretary o' the American Se- curtity & Trust Co. In making this announcement to- We Never Offer Any Used Cars But “Better Used Cars” MOTT MOTORS, Inc. 1520 14th St. N.W. Dec. 4341 [We PaY B =0 i | honorably discharged as second lieu- day, Richard A. Nor- ris, chairman of the Education Commit- tee of the chapter, explained that the new course is %0 be included in the re- quirements for a standard certificate. The chapter, said, “has been paf- ticularly fortunate in securing Mr. Sid- dons as Instructor for this course.” Mr. Siddons has been prominent in bank- ing cireles and is now secretary of the District of Columbia Bankers’ Amcl > tion, being in line for the Eorn in Washington, graduated from the Western High School. He won the de- gree of bachelor of arts from the Uni- versity of Wisconsin in 1920 and:the degree of LLB. from National Uni- versity Law School in 1923. During the World War he served from June 21, 1917, to September 29, 1919, and was F. P. H. Siddons. | tenant of Fleld Artillery. He joined the staff of Ametican Security & Trust Co. in 1929, became assistant secretary in Note—All stocks are sold In one hundred-share lets excepting those designated by the letter s (80s) (250s) ~Prev. 1931~ High. Low. 52 28% 2% 109% 20% 12% 59% 55'e 46% 1823 126 Stock and Dividend Rate, 12- Abitibi Pwr&Pap pf. 11% Adams Express (1). 2214 Adams Miilis (2)... 70% Afr Reduction(t41) 7 Alaska Juneau (40c) 414 Allegany Corp. o 151% Alleg Cp pf $30 w 14 Alleg Cp pf x $30 w.. 28% Allegheny Stl (1.20) 102% Allied Ch&Dye (n6) . 121% Allled Ch&Dye pf(7) 18% Allis Chalmers (2). . 8 Alpha Port Cemt (1) Amerada Corp (2). .. Am Brake Shoe(2.40. Am Can Co (15) 15% 26% Am Comcl Aleohol . Am European Secur. Am & For Power Am & For Pwr pf Am Hide & Leather.. Am Home Prod 4.20. Am Tce Co (3). Am Ice pf (6) Am Focomotive (1). Am Lo'motive pf (7) Am Mch & l-dyx 40, Am Pwr & Lt ($1)... Am Radiator (60c) Am Republics. Am Rolling Mills Am Smeit Ref (2). Am Solv & Chemical. Am Steel Found (1). Am Stores (12%). .. Am Tel & Teleg (9).. Am Tobacco (16).... Am Tobacco B (16).. 4 Am Tobacco pf (6).. Am Type Fy pf (7) % Am Water Wks (3).. Am Wat W 1st pf(6) Am Woolen Co pf. .. Anaconda Cop (1%). Archer Daniel Mid ¢ Armour of Il (A). Bales— 1 12% 5 14% 23 82% 9% 14% 8215 2 BT CTU A O = UYL JofOrees SOV Add 00. High. Low. Close. Close. 12% 14% Prev. | u:h Higl K 4 15 38" 6% 30% 26% Hackensack W (1%) 931 Btock ana w. Stock and dividend. 27 Gen R&Utpf (ef). 1% Gen Theatre Equip.. 18% Gilletts Saf Rasor 62% Gillette Saf R pf (5). 4 Gimbel Bros © - =3 21 (2%). 356 Goodrion (5 Frr. - 30% Goodyeag T &R (3). ilk Hoslery am-Paige. Grand 8il Strs th1) 10% Grand (Infon..... 26% Grant (W T) (1). 33% Great Northn pf(4). 171 Great Northn Ore(2) T Great Western Sug. . 8015 Great Wn Sug pt (1) 2% Grigsby Grunow. ... 64_Guantanamo Sug pf. » B e e Hall (WF) (1.20) Hawna pt (7 214 Hayes Body Col 9% Hercules Mot (80¢) . 8344 Hershey Choc (5) 93 Hershey Choc pf (157 26 Holland Furn (12%) 81 Homestake Min (17) 4% Houdaille Hershey. . 58 Household Fin pf(4) 27 Houston Oil. . 6 Houston Oil (new). 11 Hudson Motor (1). 5% Hupp Motors. 1llinois Central (4) Indian Refining Indust Rayon (4) Interlake Iron. Inspiration Copper. In. Agriculture. .. .. Int Agriculturepf... Int Bus Machine(né) Int Combustis Int Harve 2 e er ( 1A (e2). 3 Int Match pf (4).... 4 (nt Merchant Marine. Int Nick of Can(40e) Int Nick Can pf (7). Int Paper & Pwr (A) Int Shoe (3). . AS SHORTS COVER Most Groups Participate in ppswing—lndustrial .Shares Favored. BY GEORGE T. HUGHES. Special Dispatch to The B NEW YORP. August 28.—Although it left off slightly under the best of the dey, the stock market displayed con- siderable strengtn today. A number of stocks made the best prices of the week, including United States Stecl. Volume today was larger when prices were advancing than when they were Teacting.' There were no adverse developments in the news, t on the other hand there was no importent change for the better on which to found an advance in stocks, unless it be the matter of the - British credit. General Electric declared t! regular dividend on the common stock. ‘The market opened higher and ex- tended its gains throughout the morn- ing without intermediate reaction. The buying included both rails and indus- trials, but the larger gains were in the latter mup, emechll in those stocks which had been most heavily sold by Mh operators. United States Steel Tan up & cmlple of points, American Can gained about as_much, and there were advances in Johns-Manville and J. L Case, two favorite speculative mediums. Interests working to stimulate out- side buying improved the opportunity. ‘They were active on the so-called con- structive side in the Amuaemem shares, with Loew’s . “I’h'. merchandising shares, pumm w. QGrant, which declared today the l‘t'- ular dividend, to a new year's high. Woolworth was another strong issue in ceipts, Puulu-y alive—Spring broflers, 3| pounds and over, 26a27; 2 to 2l pounds, 24a25; 1}, to 2 pounds, 22a23; Leghorns, 22a24; hens, large, 23; small, 21822; roosters, 12a13. Dressed—Spring_ brollers, 3 pounds and over, 32a83; 2 to 2% Pounu 29a 30; 1% t6 2 Pvunds 27a28; Leghorn. 26827; hens, 5026 small, roosters, 13al4; lnn' Island ducks, 214 22. Meats — Beef, prime, 16%: choice, 15%al16; good, 1412a15; Texas steer, 13 al4; cow, 12; veal, top, 15a16; good, 14. lamb, 20; rk loins, 8 to 10 pound average, 26a27; 10 to 12 pound av- erage, 22a23; fresh hams, 19; smoked hams, 21; strip bacen, 22a23; lard, lOl 10%. Live stock—Hogs, hmy 5.50a6.50; l it and medium, 6.85; pigs, 0505 calves, GDUI “Fruits — Watermelons, 15a50; canta loupes, 75a1.00; honeydews, 2.50 oranges, 3.25a5.50; lemons, $:50a8.50 limes, Persian, 3.00; grapefruit, 4.00 apples, peaches, 50a75; few 1.00; pea 3.002325; blackberries, 3.00; huck! berries, 3.50a4.50; pineapples, 3.00a5.00 Persian melons, 2.50; bananas, 1.00a | 2.00. . Vegetables—Potatoes, per barrel, 2.00 22.25; sweet, per bushel, 1.25a1.50; car- rots, per bushel, 1.00; per 100 bunches, 3:00; beets, per bushel, 1.00; per 100 bunches, 3.00; cucumbers, per bushel, 1.00; turnips, per bushel, 1.00; string beans, 1.00a1.25; limas, 2.5023.00; okra, two-peck baskets, 1.00; celery, 250; corn, five-dozen sacks, 75; peppers, 75a 1.00; tomatoes, 50a60; spinach, 'New Zealand, 1.00; kale, 50a60; cabbage, crates, 1.75; lettuce, Iceberg, 4.5026.50; caulifiower, '2.50; peas, 3.00. U. 5. TREASURY BALANCE. | The United States Treasury balance announced today es of close of business August 26 was $149,174,038.35. Customs efpts for the month to daté were | $31,533,934.27. Total crdinary expendi- | fres §7.601.678.66. | representative re- | ported for the first u the current | year ncw numbers 527, ite | net income of 857040' 000, $1,021,954,000 in the similar period of 1930, a_survey by the Standard Sta- tistics Co. says. The 1931 total represents a decline of 43 per cefit from the results obtained by the identical units in the corresponding §% Gold Debentures, due 1964, of Eastern Utilities Investing Corporation Acceptance l! the offer to exchange Rastern Utilities Investing tion % M(um due 1954 for Associated Gas M Electric Company 44% Debentures 1949 has been wi read. Over §14.¢ tflm #f the Debentures bave already deposited. At the rate deposits are -' being received the maximum of $15,000.008 will be resched befere the expiration date. The greater portion of Debentures far were held in larger blocks, mestly banks and institotions with relatively | fewer deposita from individusl holders of @ small amounts. This advertisement is for the benefit of smail investors who have neglected thus far to give attention to the | matter. The offer “will August 31, 1931. will be made. Excess deposits can only be accepted gubject to allotment or return. finally terminate o8 No further extensiom Deposits may be made through ywwr security dealer. bank or sent direet by Bk ina "Fruet” compars, ¢ ' Wilkiam nk and Trus ® Btreet, ‘New York Oty ASSOCIATED GAS AND ELECTRIC SECURITIES COMPANY Incorporated 61 Bresdway New Yok this part of the list. The buying gradually worked around to the utilities. Louisville Gas & Elec- tric was in demand. This is one com- pany that has consistently reported earnings equal to or ahead of those of last year. International Telephone and American & Foreign Power hard- ened and the pressure was lifted from Kreuger & Toll, selling in which on Thursday was coming from abroad. “fltw sbek:lw:re slightly hl‘h!r Talk itions em- Armour of Tl (B). Arnold Constable. .. Associated Apparel e G(2%).... ATen TokS e £10) B7% 86 Jewel Tea (4) ‘Atch To&S Fe pf (5) 80% _40% Johns-Manvilie (2) Atl Coast Line (7)... 2 12 K'mann Dept Strs(1) Atlantic Refining (1) Kayser (J) & Co (1). Atlas Powder (4)... Kelly-Spring Tire. .. Aflas Powder pt (). Kelsey-Hayes Wheel Atlas Stores (1). Kelvinator Corp. . .. Auburn Auto (14) Kenneeott Copper(1) Austin Nich pf A (3) Kresge (S 8) (1.60). Int Tel & Teleg (2) Int Dept Stores (2) Investors Equity. 1924 and secretary in 1926. He is pro- fessor. of banking at the School of Economics and Banking, National Unl versity. Ty = vy s RENEWALS— 28% . 6% 29% 164 208% 132% 108l 1003 120 238% B no- commissions. LOVIGTERMS 435 SAVE. MONEY at the rate of s10-3%- per month and receive at the End of 10 Years.................Cash $1,377.00 End of 15 Years.................Cash $2,435.00 SN N AR AR R~ R Active in Association. Since 1926 Mr. Siddons has been active in the District of Columbia Bankers' Association. He has been chairman of the following regular com- mittees: Publicity, Protective, Com. mercial Trade Activities, Insurance and Special committees. He was fifst chair- | 28 Daily 9 to § Open 2951 101% Saturdays Until Noon 18% . alasamn NAtional 1381 7th and Indiana Ave. NW. LOANS 'ON IMPROVED DISTRICT OF COLUMBIA REAL ESTATE SECURITY WE MAKE FIRST TRUST LOANS on IMPROVED REAL ESTATE IN AMOUNTS OF $5,000 $1,000,000 IN THE DISTRICT OF COLUMBIA AND NEARBY MONTGOMERY PERIODS OF 3. CO. 5%% INTERESY MD. 5 or 10 YRS. Prompt Decisions Given Applications BOSS and PHELPS man of the fiduciaries section. At the conventions of the association he has been a prominent re. being chair- man of publicity, 1926-27; vice chair- man of program, 1928; chairman, 1929; vice chairman general convention, 1930; chairman. 1931. was elected secretary of the associat this year. Mr. Siddons is a member of the Co- lumbia Historical Society, Board of Trade, United States Chamber of Commerce, Zeta Fraternity, Sigma Nu Phi Legal Fraternity, Umwmty Club, Chevy Chase Club and is a trustee of the Better Business Bureau. Explaining the new course, Chair- man, Norris said: ‘Bank administration as offered by the institute aims to acquaint the student with a bank’s administrative problems of finance, income, expense |and interbank relatiens. Among the topics considered are the financing, location and equipment of the bank: accountancy, audits and examinations: sources of lnlormtmn and bank rec- ords, Joans and discounts, £nvumenu pflnilpltu and pouclu, o ment _of earning . ass id:plrhnenhl ofpnxution advertising {and new business, Relations with the clearing house and bsn.nng associa- tions are also discussed. Bottom of Slump Seen. By Labor dey August will probably have put in its claim for the closel contested honor of being the much- heralded. honest-to-goodness bottom, and may win by the nose of an index number over July and last Deéember, says the Business Wesk in its l‘&pon. for the week ending August 20. The third week of August gives no sign of expecud seasopal improvement. and sceptimism about its prospective strength increases. Tl‘;e eDdllrlncedndnnce hot ghl.s llllng;l")'| rolonged depression ought by al Es end nhnflgm.h i ever. Precedent of 1921 favors this hopeful prospect, for in the Summer of that year stccks and trade slashes along in uncertain stag- ‘muon. as they have this time, till Sep- tember. A strikingly sim! ad! improvement in textiles and other con- sumer industries, accom) by radic strength in. Individual stocks standing out from the general list has &) ed. Commcdity price levels have unusually early and prolonged experts seem to have ‘Stes] oscillates uncertainly: carload- | ings, bank debits and power production show unseasonally persistent slackness. Late building figures alone lend a little | | itful light to the encircling gloom grow- | | ing out of the steadity weakening bond market. The European scene continues | a succession of crises, converging on the nerve-center of international finance in London, and met by emergency meas- ures which cnly stave off that large- | seale international action on funda- | mental issues, which is inevitabie, but | of which there is still no sign. Trading on D. C. Exchange. Utilities provided almost the entire| | trading today on the Washington Stock Exchange, with prices holding almost | stationary. Capital Traction 5s sold at | 841y ancé the stock at 35':, in two Washington Gas 6s went at d Potomac Electric 51 pre- | ferrea at 110%,. Mergenthaler changed | hands at 77 Liberty National Bank; | sold ain at 190. 61 27% 10415 Aviation Corp (Del). Baldwin Locomotive Baldwin Loco pf (7). Balto & Ohio (5). Bang & Aroos pf (7). Barnsdall Corp'n. ... Belding-Hemingwa Bendix Aviation (1 Best & Co (2 Bethlehem St Bohn Alumn (13 ). Borden Co (k3). 4 Borg Warner (1) Briggs Mfz (11%). ¢ Brockway Mot Trk. . Bklyn-Man Tran (4) Bkl:n Union Gas (5) Brown Shoe (3) Bruns Term & Rwys Bucyrus- Budd Wheel (1). Bullard Co. .. 1if Packing ( lumet & Arizona Calumet & Hecla Canadian Pacific Cannon Mills (1.60). 295 se (J 1) (6)... Case (J 1) pf (T) Caterpillar Trac(3). Celaniese Corp. .. ntury Rib Mills. rro de Pasco (1) Ches & Ohto (2%). 4 Chesapeake Corp(3). Chi Great Western. . Chi Great Westn pf. hi Mil StP & Pac pf. orthwest (4) Childs Company . 2} Chrysler Corp (1). Coca-Cola (17%) *ollins & Alkman 1lins & Afk L (7). lonial Beacon..... Colo Fuel & Iron. Col Gas&Elec (2) . Col Gas&El pt A (6). Columb Graph (56c). Col Graph efs (56¢). b Carbon (5).. Comcl Credit (2) Comel Credit A (3) Comcl Cred pf B Comel Inv Trust (2 Comel Iny Tr pf 634 . ncl Solvents (1).. Congolm-Nairn (1).. Film. Consol e 24 @) 208 28 Kresge Dept Strs pf. Kreuger & T(m1.61) ( Lehn & Fink (3) Libbey Owens Glas: Ligg & Myers B (15) Liquid Carbonie (3). Loew's Tnc (3). Loew's Inc pf (6%). Loft Inc Loose-Wiles 12.90) Lorrillard (P) Co. .. Lorrillard (P) pf (7) Lou Gas&El A (1%). % Louis&Nashville(5). 814 Ludlum Steel. 23 McCall Corp (23%).. 35 McCrory (B) (2). 21's McGraw-Hill (2 6515 McKeespt T P(15%) 7% McKesson & Rob(1). 4% McLellan Stores. 21% Mack Trucks (3). 664 Macy(RH)& Co(n3). Mad Sq Garden(60c) ManhatElev mod std Marlin-Rockwell (2) Marmon Motor Ci Marshall Fleld (215) 17% Mathieson Alkill (2) 28 May Dept Strs (2%) 4 Maytag Co. P 3% Mengel Co 5 5712 Mengel Co pf 41 Miami Copper 5% Mid Continent Petm s Minne & St Louls 18% Monsanto Chem (1% 15% Montgomery Ward. 3% Mother Lode 8% Mullins Mfg 36 Mullins Mfg pf (7) 163 Munsingwear ln:(?) ' Murray Corp. Xash Motors (4). at Acme Co Biscuit (2.80). Biscuit pf (7). at Cash Register A 140 Nat Dairy (2.60). Nat Dist I'rod (2) Nat Steel (2) Nat Supply pf at Tea (1).. eisner Brothers evada Copper (1). Newport Co (1) Newton Steel. N H & Hart (8) YNH&HDpI(T) Y Ont & Western. Y Railwavs pf. Y Shipbuilding, Noranda Mine: Nor Amer (b10% sti) orth Amer pf (3). . orth Am Aviation. or Ger Lloyd m2.56 orthern Pacific (5) Northwest Tele (3). 7 2 10 Ohio OI1. Oliver Farm Equip. . OlivFarm Eq prpt. . merger bm:nu a number of the independents, Attempts to connect the show of strength In the stock market with the tentative arrangement for a credit to the British nnmmem to be extended clally since the market had resisted so much bad news for the past fortnight. ik ) W gt lA!I.IOAD EARNINGS. NEW YORK, Al.tlt 28 (#).—Rail- roads reporting net operating in- | come for July, with comparisons with last year, include: | Hlinols Central. . | Lousville & Nash- ville Tennessee Central 1931. 1930. $1,116,616 $1,317,014 $755,067 $812,127 820,252 $513,741 PARIS BOURSE PRICES. PARIS, August 28 (P).—Three cent rentes, 89 francs 15 centimes. Five per cent loan, 104 francs 82 centimes. Exchange on London, 123 francs 85 dollar was quoted at 25 DIVIDENDS DECLARED NEW YORK, August 28 (f).— Pe. Par- Hidrs of Rate. riod. able. ~ record. Initial. ®f n.75c .. Reduced. Pub NB & T (NY).50c Q Omitted. Gunthers (C G) Sons it 1 ] Company 15 | Wheel 8u 6% my i Q s-/. | pene Pederal Cors siec @ Regular. Alabama Water Sery Do. Bl .31 Beil Tel of Can Ltd $2 Canadian Silk Prod Cl A e Co pf. T DominFisi ou Fids. st 8t Prod Lt pf. Eiec P & li‘ 38 pf. i3 e SRS L858 oY SSeemR .;...;.fl = 2 Q= Suge ¥ 'ss:sa I DS e ER RS R & e End of 20 Years........ Based on 1931 _divids hed: And, in ad :tl:n,"you" ncrease or decrease w-h be insured during the whole period for - $2.500.00 Increasing yearly with dividends accumulated at 514 % compound interest. (1 BENEFITS INCREASE Assets of Com'uny _Insurance in_Force LARGER DEPOSITS ACCaPTED lONsAaTl'bY teesbaldais . 931 scale.) ooo.oo i COUPON = = e 2o o JOHN KYRIAZIS (Representativ 6035 Transportation Bldg., NAME ADDRESS DATE OF BIRTH...... SAVINGS DESIRED . ‘Washington, D. €. A Security Which Offers - Unquestioned Security With a Generous Interest Yield First Mortgage Real Estate Notes Secured in New Home Properties Available Now in Denominations of 3100 and Upwards, With 6% Interest | Equitable Co-Operative Bldg, Ass'n Organized 1879 Sist YEAR COMPLETED JOHN IOY EDSON, President WALTER S. PRATT, Jr., Secrefary Subscription for the 101st Issue of Stock Being Received See Us If You Wish a Loan Those who desire to borrow money to pur- chase a home, refinance present indebtedness or improve property, should see us. Applications will receive prompt and cour- teous attention. on Real Estate or to Take Up a First Mortgage Loans Repayable Monthly | Washington clear'ng house figures for tod: $2.664,661.50 %BANK CLEARINGS SINK TO LOWEST FOR YEAR| Br the Associated Press. NEW YORK, August 28. — Bank clearings in the last week of August| are the lowest of the year, and this week they are below any preceding, week for several years past. The total of Jeading cities in the United States, as reported to Dun's Review. was $5,- | 543,864,000, & reduction®f 23.1 per cent, | compared with the total for the same week of last year. At New York City the amount of $3,619.961,000, a decline of 24.1 per cent from the record of a | year ago, while the total for all cities | | outside ot New York of $1,923,903,000 | PO bt 1417 K. 8t N Loan Correspcmdmt John Hancock Mutual Life Insurance Co. 31% Otis Elevator (2%) 69% 30 Otis Steel prpf (7)., Pacific Coast. Pacific Coast 1st pf. Jbo- i Pacific Coast 2d pf.. 20s Pacific Gas & El (2). 8 Pacific Lighting (3). 1 Pacific Mills 1008 Pacific Tel&Teleg (7)130s Packard Motor (40¢) 44 Paramt-P(m1.62%p) Park & Tilford. Park Utah Pathe Exchange No Brokerage . . . No Commissions 915 F ST. N.W. Cudahy Packing (4). Curtis Publish (4) Curtiss Wrignt. . " Curtis Wright (A) { 112 100 Cushmans pt (7) 107 95 > 855 wne B GHSE B iR R e RR RO ! MORTGAGES nd \u.nntm 2 ines (1). 1% raf mxn.) 18% ml) 2 T Tdle 861 124% 142% goshes Doug A Drug ( Dupo 1845 118% Do Pont e N pI(6). 185% 118 21% 9% F Ta% 34w B 4% 2 ¥ howed & 10ss of 21.1 per cent. In the| g gu face of a slight improvement a week | 80, W E ¥ E ¥ S IDLE MONEY IS NEEDLESS LOSS ue Penney (J C) (2.4 Penn Coal & Coke. Penn Railroad (3). Peoples Gas(Chi) (8) Pere Marq pr pf (5) . Petm Corp of Am(1) Phelps Dodge (1) Phila Co 6% pf (3). PhilakReading C& 1 9 Philip Morris&Co(1) % Phillips-Jones pf (7) Phillips Petroleum Pierce Oll. Pierce Ofl pf. Plerce Petroleum Pillsbury Flour (2) Porto Rie-Am To(2). Postal Tel&Cable pf. Prairie Pipe Line(3) Pressed Steel Car. Proct & Gamb (2. Proc &Gamb pf (5) Public Sve NJ(3.40) . Public Sve NJ pf (5) Pullman Corp (4)... Pure O1l. 66% Pure Oil pf (8). 24% Purity mmu (3 Radio Corp. 140% 13% man Kodak (18) Pajamas for men. now the vogue in , are of green, beige, or some color, with double-colored other decided Invest your surplus money in our collars and cuffs of pronounced cut. < 6% FIRST MORTGAGES Lowest Rates - First Mortgage wANS Bank clearings for the week, as 1’(-é ~For Buying ported to R. G. Dun & Co., showing | . decreases, compared with same period ! 6 3 Fid Ph Fire In(2.60) . —For Building 3 year ago, foilow 2 13 Firetone TaR ), ° ret Natl Stes (2% —For Refinancing Fisk Rubber, c.csose completed properties. Foster Wheeler (1).. : Fourth Nat Inv méte 0 delays are encountered in ‘»:f.fi“{'-;-:; («,z;/.) securing loans on first mortgages at rcasonable rates. This is due to the tremendous resources of this company. Permit us to give vom fur- ther information without ob- ligation on your part. usical Instru ec Pwr & Lt (1). Jlec Pwr & Lt pf(8). ago the reduction this week is quite | large. All cities contribute losses, but llec Pwr & Lt pt (1) at most of them the amount is not in 3 pndicott-Tohnsenis) excess of the eariler reports. August; ¢ Hquit Office BIGE $% clearings make quite as favorable a | showing, in ccmparison with those of | - last vear, as for the preceding month | tof 1 Srrom Money on Hand to Loan on First Deed of Trust 6Y% Interest Reasonable Commission and Prompt JAMES F. SHEA 8 and you will put an end to the actual loss sustained through letting your money lie idle. Fairbanks M pf (7).. Fed Wat Sve A(1.20) Over a Third So invested it will earn 6% con- of a tinuously, with the principal safely Century secured by mortgage on conserva- Without a tively apmmsed improved Washing- ton rtal esu!e. Loss - May chased in amounts from &”m&w Totals i Gabriel C6 (A).. Gen Am Tank Car(4) 4 L 9 Gen Asphalt (2). ' 13 Gen Baking (2). 204 20 2 Gen Baking pf (8 Gen Cable #858 Gen Cable pf. Gen Clgar (4). TR G T ¥ophist . . Motors (3) . gnnluwn,l(l)... en Gen ‘1610 K St. N.W, National 1403 aman f