Evening Star Newspaper, October 11, 1931, Page 63

FINANCIAL. BUILDING AND LOAN THE SUNDAY STAR, WASHINGTO D. 'C, OCTOBER 11, 1931—PART SIX. Will Preside ANFERAEN D AR, D FOR WEEK ENDING OCTOBER 10, 1931, TRADERS T0 MEET Ways to Hein Home Owners Chief Aim of Coming At- lanta Conierence. Epecial Dispatch to The Star. LYNCHEURG, Va., October 10— Financial backing for old-time South- ern hospitality, in the form of syste- matic savings devoted to the financing of owned homes all over the South, will be planned for in Atlanta November 20 and 21 at a meeting of several hundred 2 States south of the xon and cast of the Mis- convening delegates ere y crganized South- . cf the United g ¢nd Loan League. J. Gordon, Lyn-hburg, Va., pre: ! the conference, will Freside. ‘W. 8 Quinter of the District Building and Loan Association is director of the group from Washington and will be the ranking representative of Washington &t the conference. First Meeting of Kind. The Atlanta meeting will be their first get-together as an organization, £nd national officials from the East and Middle West from the United States Building and Loan Lecgue will be| speakers, 1 to leaders frem 1p. d t>n building and e institu- tion ¥ g to heme MEET SOON. SRl ! High.” Low. 4% Stock_and diyidend. Acetol Prod A.... | Sulphur_springs, W. Va., HENRY T. FERRIS Of St. Louls, president of the Invest- ment Bankers' Association, announces that plans are completed for the an- nual convention, to be held at White November 7 to 11. Foremost investment bankers in the country are to speak end there will be 31 open committee meetings. CURB ISSUES HHE boi n ed the new | Southeastern Conference, c meet this Fall. They are loc Delaware, District of Columbia, ginia. West Virginia, North Carolina, South Carolina, Tennessee, Kentucky, Georgla, Mississippi, Alabama, Florida IN NARROW RANGE While the desire for home owner-| Byying Orders Offset Profit ship is an urge more prevalent perhaps in the South than in any other section Takin some Leaders Show Gains. of the country, because of our Jong tra- ditions centered around the home, there are thousands who should be living under their own roofs who do not Tealize how practical a home-owning uandertaking can be,” says Mr. Quinter. “""“rm""flfl Pol‘“';"- Associated Press Financial Writer. “In scme of the States in this section | 2 the building and loan associations seem | NEW YORK, October 10.—A dull to be the hearty survivors of the ce- |f€ssion of the Curb Market closed with : pression ills which have not been so ! prices little changed today. Some waek S5 COntIRUAILY maKing Joans tn hoses, | (1 PTOAt-taking at £ opening uncoy- cthers are turning down funds because |€féd new buying crders and small ret they have attracted so large a number | §ains appeared in many of the leaders. of investors who are confident of the _ Among the firmer &specia.ties wers safety of a home mortgage. Only in Swiit, Stutz, New Jersey Zinc and Wool- rare cases have investors been forced to | WOrtd, Ltd. Aluminum of America lost use up the savings they had accumu- |2bout a point and there w-re small Iated in our acsociations., | declines in Fhil'p Morris and Ford, Ltd. “All this points to the extremely | Consolidated Gas of Baltimors dipped favorable background for increased 2% on realizing, E'ectric Bond & Share, home ovnership cgainst which we have | United Gas, United Light “A” and tor eI et fon. People belleve Ascociated Gas “A” returned nominal in the ctability of homes as security |advances. Ciii's Service was up 1s at back of loans, because for nearly 200 | the close end Standard Oil of indiana years land has been the visible evidence 0% 'a. Humb'e was unchanged at 50, = er these States. They | Which Was 50 the final price for Gulf, are, therefore, bringing their funds for | nvestment by us in this sound security. The purpose of our conference is to BRSSOt COTTON PRICES FIRM ize on this prevalent belief in homs i}n‘;pqty and desire for home owmer- ON BETTER DEMAND HOSIERY MILLS REPORT | Trede :Bnying and Pre-Holiday SHARP EARNINGS GAIN| Covering Result in a Higher Davenport Hoslery Mills, Inc., re- ports for the nine months ended Sep- Market. tember 30, net profits after all charges | and taxes of $306,480, equal, after pre- | ed dividends (> $339 per share on [Nl iSeHedPrSs e 75,000 shares of common stock out- what irregular’ opening was ‘followed ftinding. This compares with met|p%y JCREHAT OPeming was followed profits of $200325, or $198 a shre | {5n today on pre-holiday covering and common in the corresponding period | trade busing. cf 1920. Offerings from the South wers com- P e paratively moderate, and the failure of i ging to show a greater increase Stocks and Commodities. stimulated covering or rebuying by NEW YORK, October 10 (Spacial).— early sellers during the late trading. An analysis of the conditions in securi- | December cold up to 593 and eclosed ties and in commodities based on prices | 2t 5.91, with the general market clos- prevziling in 1924 and at present in-|ing very stead) at net advances of 10 dicates that at the low level seven years | to 15 points, ago stock averages showed a complete | . deflation of values. At the same time | SEi00eF,, commodities were relatively high. For | January instance, the average price of wheat | MArcR and corn then was $1.16 a buchel, com- July pared with the present average of 43| AGENCY CONTEST PLANNED cents a bushel. Cotton then was 32 cents a pound and is now about 53; cents, copper 12 cents against the cur | An inter-agency contest between the ! Tent price of 7 cents and pig iron $19 Washington-Virginia and Pittsburgh 2 ton compared with $15.50 a ton now eral agencies has been arranged. It is felt in Wall Street thot price leve's | The largest amount of business everywhero are more deflated than in|between October 12 and November 30 any previous depressicn in this coua- | Tmine the winner, the reward to try and are on a basis permitting zn| be a dinner in the city of the winning impressive recovery. | agency. ~ BY JOHN L. COOLEY, WEEKLY FINANCIAL HIGH LIGHTS By the Assoctated Press. Brokers’ loans. . Federal Reserve ratio Holdings, U. S. securities Gold reserve Rediscounts Bank clearings 8,530,063 Electric output 3 ending Octcber 3 1.645,587 tFmal three ciphers omitted ln above.) Car loadings, week ending Sept. 21. 738,029 - Crude cil production( bar . 2,147,450 Stock sales (N. Y. Stock Ex hanz" .. 17,366,092 * Bond sales (N. Y. Stock Exchange).. $95,806,000 N financing . . $12,000,000 Call money rate. Y o 1 Time money rate. 221, * Commercial pape 2157 204 This week. $1,001,000 617. Last week. Year ago. $1,172,000 $2,905,000 8% $600,439 2,976.523 173,166 9,654,927 1,711.123 950,381 2,386,950 20,247,948 $80,588,000 $149,334, 000 2- 3'72 2%-3% HOW IS BUSINESS? Showing Current Business Activity Compared With Same Week Last Year. 7,489,865 1,660,204 742,628 2,193,350 14,315.170 $98.160,000 $23,812,000 --mnmfl'mmmm S — GENERAL BUSINESS ACTIVITY for the country indicated by Bank Debits outside New York City. Shaded areas show weeks of activity above the corresponding weeks of the © previous year. Black areas indicate declines from same weeks 12 months earlier. ACTIVITY BY FEDERAL RESERVE DISTRICTS. Check Transactions compared with ti same week a year ago. T Boston | New York | Philadelphia O I seR | Sheasc | PUisSRTS| Tgepd | Rihmend At | T Minneapolls | K [ PmgeRgTE Kivees T Dulles LEADING BAROMETERS, Showing Trend of important factors, |8 Francisco | —24.3% | Business in dollars (checks cashed).. Employment (Department of Labor) . Wages (Department of Labor)......... Cost of living (Industrial Conference Boa: ‘Wholesale prices (Fisher’s Index) Agricultural prices (Department of Movement of goods (car loadings) . Retail trade (Federal Reserve Board)... Building contracts (F. W. Dodge) Failures (Dun’s).. Bond prices (Annalhl). 1% 40 56 27% 105 31 53 Acme Steel (2) Adams Millis 1s Alr Invconvpf . Alabama Power pf ‘S).. Alexander Indust... . All Amer Gen Coro. .. Allegheny Gas Corp. Allfed Mills Inc... Aluminum Coof Am. Alum Co Am: pf (6). Alum G'ds M (1.20) Aluminum Co Ltd Aluminum, Ltd (B) war. Aluminum, Ltd ({°) war. Aluminum.Ltd (D) wa Am Arch Co (2). Amer Austin Car. . Am Book (7). . Am Rrit & Cont. . Am Capital pr pf (6%).. Am Clear Co Am City P&Lt (A) (a3). Am Cit Po& Lt B(b10%). Am Cmwith P Arb10%) Am Com Pr B (b10%) Am Corpn (f30c) . Am Cyanamid (B).. Am Dept Store. Am Equities. Am ForPwr war. Am Fork & Hoe (1%)... Am Founders Am Inv Inc. war Am Launary Mac 4 Am Lt & Trac (2%) Am Maize Prodncts Am Mfg Copf (5).. Am Ma=zcatho .. Am Natnral Gas . . 4 Am Public Sve pf (7). (a1.60) Am Superpower (pi0c). Am Superpwr 1st pf(6). Am Superpo pf (6) Am Thread pf (28c) Am Util&Gen (B)vte, Am Yvette Co (25¢) Amsterdam Trading Tde. Anchor Post Fence. Anglo-Chilean Nit. . Animal Trap Co of Am.. Appalachian G: Appalachian Gas wr Arcturus Radio Tub. Ark N G cm pf (60c) Arkansas Pwr&Lt pf(1)’ 100 Art Metal Works (60¢).. Asso G& Asso Gas & Elec otfsis). s0 Gas&Elall ct 1.60.. soc G & El war. sso Gas&El pur rts. In Asso Laundries vte. Asso Rayon. Asso Tel Uti] Atlantic Coast Fisherl; Atlantic Fruit & Sug. Atlantic Lobos. Atlas Plywoo Atlas Utilities Corp. Atlas Utilities(war) Auto Vot Machin Auto V M cv pr pt(50c). Axton Fish Tob A(3.20). Babcock & Wil Bellanca Air v.t.c. Bell Te! of Can (8).. Bell T. of Pa. pf.(6%). Beneficial IL (1%). Bickford’s, Inc (1.20). Bigelow-Sanford Carpet. Bliss Co(EW) (b8%). Blue Ridge Corp......ee Blue Ridge cv pf (a3). Blumenthal (S).... Bohack (HC) (4). 4 Borne-Scrymser Co. Bourjois Inc (25¢) Brazilian Trac Lt&P(1). Bridgeport Mach ( Brill Corp A (34c). Brill Corp B. Brit AT cou B (1.13 35¢) . Brit Am Tob reg 1.13 3-5. Brit Cel Ltd rets Brit Colum Pwr ( Buckeye Pipe Line (4) Buff: N&EP pf(1.60) Buft Niag&EP 15t pf(5). Bulova W ev nf (314). Bunker Hill & Sullivan.. Burco, [ne. Burco Inc war Burma Ltd rcts '21 3-5e. Butler Bros. . Cable Radio Tub vto. 4 Curman & Co A Carman & Co (B). Co (J1%). Caro Pwr&Lt pf (6). Carrier Corporation. . Celanese Corp pf (1) Cent Ind Pwr pf (7). Cent Pub Sve. Del Cent Pub Sve(A) (b5% ) Cent & Sown Util (b7 Cent States Ei (b10%).. i Centrifugal Pipe (60¢). Chain Stor Development Chain Stores Stock Charis Corp (t3) Childs Co. pf. (1) Citfes Service(g3 Citles Servi Cities Serv. B B.pf (6. Clark (DL) (1%). Claude Neon Light: Clev Elee Illum (1.60) Cleveland Tractor. Colum'Pic v.t.c. (7 Comwlth Edison (8 Comwlth & Svu (war) Com Wat Ser (g12%¢) Comstock Tunnel. .. Consol Auto Mer ctfs. Consolidnted Copper ... Consol Gas Balto(3.60).. Consol Gas Utl A(3.20). Consol Royal (20¢). Copper Range Cord Corp. Corp Secur of Chi (b6%) 1% Corroon & Reynolds ... Corroon & Rey p( @). Cosden O11. . Courtaulds Ltd (“ 3- 5¢) Creole Petroleum. Cresson Consol (4¢). Crocker Wheeler. . Crown Cork Intl (A).... Cuban Cane pr opt war.. x Cumberland P L (2). Curtiss Flying Ser" Curtiss Wright war. Cust Mex Minin: Darby Petroleum Davenport Hos (3) Dayton Atrplane & Eng. Deere & Co. Duhilier C & Radio. Duke Pow (5)... Durant Motors.. Eagle Picher Lead. East G & Fuel Asso. Eisler Electric Corp. ... Elec Bond & Sh (b6%). . Elec Bond&Sh cu pf (5) E! Bond & Sh of 16).... Elec Pow Al a) Elec Pow Asso A (1)... %1 P& L opt war. . Electric Products of Col. Elec Shareholdg (b§%) . llee Shareholdg pf(a6). 344 * o Edison El of Bos(13.6 ). 211 8 n wsE s ERMEI02 I+4+4 +4 2444004+ 2ax¥ #e 2= 2: S £33 o8 232 » LA Prerey ¥ FREEE ¥ VH4d FEEEEL 4L - e e FEx TEE R A Fre“rsre ssgseress + + R T S o o S I I S T B S S S B R " oo F F Fie 1] |4$+[‘|_l* ++ LT e S R () - Fer s2¥2r & v Ti4++1 + FESEE S - 1+ '1_"_ 1 ° S g I T T P AR E ££ w5r - = 1+4+ +1 BEE § & FF Ll +4+4+4410 sx sxfess S wnma FiE FlEL+++0 0 P 2 FR E Fe s 2 Stock and dividend. Empire Power pt (2.24) Empire Pub Sve (A). Employ Reinsur (11.80, BEureka PipeLine(4) Europe Elec, Ltd A( Euro Elec. Ltd deb r Evans Wall Lead. Fageol Motor. . Fairchild Aviation. Fedders Mfg Federated Metals. . Ferro Enamel, A (2 Fiat rets (3435¢) % Film Inspect Ma Florida P & L pf(7). Foltis-Fischer Corp Can A (1.20). Ford Mot, Can B (1.20) . Ford Mot France 37%c. Ford Mot Ltd (36 3-5¢) . Foremost DairyProd. Foremost Dairy pf Foundaticn Fi'r Shs. Franklin Mfg Co. Gen Alloys Gen EI Ltd rets 36 Gen Empire Corp (1). Gen Fireproof (2).. Gen Gas&El cv pf B m. Gen Leather Co. ....... Gen Theat Equip cv pf. . GeorglaPowerpf(6). ... Gilbert (A C) pf (33%).. Glen Alden Coal (4).. Globe Underwr (15¢). Gold Seal Elec new...... Golden Cen'er. . Golden State Co Ltd Goldman Sachs T C. Gorham, Tne A). Gorham Mfg v.te. (£2) Gotham KnitbacrMch Graymur Coip (1), GtAt&Pac Tnv (16%). GriA&P Tea vf (1) Srief & Bro pf (1) Groc Strs Prod v.t. Gulf Of1 of Pa (1%) Hall Lamp (40¢y. Hamilton Gas v.t. Hazeltine Corp (1). Hecla Mining (40c) Helena Rubinstein. Heyden Chem Corp (2).. Hires (CE) Co A(2). Hollinger Gold (65c! Holt (H) & Co (1.80 Horn (A.C.) Co... Horn (A C) 1st pt Horu&Hardart(2% Hudson Bay Min & 8. Humble Ofl (1213). Hydro Elec Secur (1.2 Hyxrade Food Prod Il Pwr & Lt pf (6). Imp Chem Ind(p40c). Imp Ofl of Can (50c) . Imp Oil of Can reg (50¢) Imp'l Tob GtB&I (1.12). Indiana Pipe Line (1) Ind Pwr & Lt cu pf(6%) Indian Ter Illu ou A. Insull Inv (L6% Insull Util 2a pns) Ins Co of No Am (1234). Insurance Secur (40¢).. Intercont Pete new Int Cigar Mach (23%)... Intl Petroleum (1) Int Superp (t110) Int Utilities A (3%). ... Internatl Utllities (B) . Internatl Utilities(war) InterstateFquities. . Interstate Equ cv pf (3). Interstate Power pf (7). Irving Alr Chute (1).... Italian Superpowr A. Ital Superpower war. ... Jersey Cent P&Lt pf (6) Jersey Cent P&Lt pf(7). Jonas & N cum pf.... % Kerr Lake King's Co. Lt. pf B(7) K Kleinert (I B) Rubber. Kolster-RriAm shs). .. Kress (SH) sp bf (60¢) . Lackawanna Nec (4).... Lake Shore M (2.80) . LefcourtRIty pf(3). Lehigh Coal&Nav(1.20). # Leonard O11. Lity MeNelll & L Lode Star Gas n (88¢c) Long Island Lt (60c). Long Isl Lt pt (7)., Long Isl cu pf B (6) Louisiana Lan & Ex. MacMarr Stores (1) dalenaSvndica angel Stores pf. Co (60¢) . Mercantiie Stores(1) . Merch&Mfg Sec A(80c). Merritt Chap & Mesabi Iton .. Mesta Machine (2)..... .\Hrh Gas & Oil Corp. ... Middle Sts Pet vtc A 22¢ Mid Sts Petvte B. .. Mid Wst Sts Ut (b10% Mid West Util (b8%). MidWest Ut cv pf(6). Midland Steel Prod (2).. Midiand United (n6%).. Midland Un pf A.(a8)... Miller & Sons. . . Mining Corp of Can Mo-Kan Pipe Line. Mo-Kan & Pipe Line (B) M:ss River Fuel bd rt; Miss River Pr pf (6) Mock Judson Voehr Moh Hud P 18t pf(7). Moh Hud P 2d pf(7) Mohawk Mining (1) Mont Lt H& T (1%) Moody's I S pt pf (3). Moore Corp Ltd (1) Moore Ltd pf B (7). Moore Drop Forg(A)... Morrison Elec Mountain Produc Mountain St Tel&Tel(8) Municipal Serviice..... Nat Amer Co... t Bd & S Corp (1) at Container pf (2)... Nat Elec Power A(1.80) t Family Stores. 1% N Nat Fuel Gas (1). Nat Investors. Nat Pub Serv (A) Nat Pub Sve pf (7). Service Co. . Nat Sh Term Sec A 160c. Nat Sugar N J (2) 1 Transit (1) Nelson (Herman). Neptune Meter A(2) Newberry(JJ) (1.10). Newberry (JJ) pf (1) New Bradford Oil...... New Eng Fuel new. New Eng Pow pf «6) New England T & T New Haven Clock (1) l\ew Jersey Zinc(13). ndise (1). Power & Lt pf (6) Pwr & Lt pf (7) Y Transit (180c)... N Y Transport (2).. Nipissing. . Nitrate Corp Noma Elec Corp Nflc) Nor Am Aviation A war. Nor Am Lt& Pwr(b8%). Northam W cv pf (3)... Nor Central Texas...... North & Sou AmCor p A. % Nor European Ofl Corp.. ++14+0+ 1 L4441 L+ 1+ 14+ ++1 1 T+ 141+ + Fl - FE E3 - Ed sesFs e w2 1.3 1 FEFLEET FTF FF HHEE LV H+ 4 T4++4 (NN 7 LR I L1557l s S L o T P i T T T 5 o T o B S LI I B T B B e e e o AU S oy o} - FELVAEE (24 1+ etEELE & B %1 *x;s?:xs;: 10 SELX FEF T waroa w e £ srFe " EEER e Firen & nNo o F o 4 Pepperell Mfg (4). dividenc 3 and d. 1 NDr!h sun PwrAS).. Nor States Pwr pf (6 North S Pow pf (7) N W Engineers (1) Northw Yeast Co 1. Novadel Agene (4). Ohlo Copper. ... Ohio Ofl n (cu)pft (6) Ohio Pub Serv pf A (7).. Oilstocks Ltd (A)....... Oklahoma Nat Gas pf. range Crush (1%). Outboard Mot (A). Outboard Mot B. PacG & E 1st pf (1%) Pac G & Epf1.37% Pac Western Ol Paramount Ca. Ml’ 8. Parke Davis (11.65), Parker Rust Pr (3) Pennroad Corp (40c) Penn Mexico Fuel (75¢). Penna Pwr & Lt pf(7).. Penna Water & Pwr (3). Perryman Electric. Petrol Corp war. Phila Co new (11.40). Phila Elec pf (5). P’hilip Morris Inc Phoenix Secur Corp Phoenix S C pf (3). Pledmt Hy-El bond Plerce Governor. Pilot Radio Tube( Pitney Bowes P (b1%)., Pittsbgh & Lake E(110). Pittsbzh Plate Glass(2). Plymouth Oil (25¢) Polymet Mfg. . N 111(8)§100 par. L4 I 441 +444 1+ +10+4FLE$ET 1D —1031— il Psxederreess w ST 2" efresess & High._] 17 Low.__Stock and dividend. ! mh. m cm cnu 9 “Eou Pipe Line (2)....... + x/‘ 3% Scuthland Royalty (200) . H Sou West Bell Tel pf(7). 110 Sou Wn G&E pf ()..s.. So West Gas Util.. . Southwest Pen P L (1).. Spanish & Gen ret: Spieg May Stern pf. Stand Dredging $60c. Stand Dredging cv pf. Stand Motors. . . Stand O1l of Ind( 1 Stand Oil'Ohlo(2% Stand Pwr & Lt (2). Stand Pwr & Lt (B) St1 Co of Can le(l 5) Stein(A)&Co cu pf(lu) Stein Cosmetics Inc. Stromberg-Carl(1%). Stutz Motor Car. Sun Investing. Sun Invest pf (3) % Sunray Oil.... 4 Swift & Co new (2) Swift Internat'l (14) Swiss Oil Corp.... Taggart Corporation Tampa Electric (32) Technicolor Inc. Teck Hughes G M Texas Power pf (7). Texon Ofl & Land (1). Thatcher Sec Corp. 4 Thermeid Co cum pf Tobacco&Allled Stks Tobacco Prod Exp (10c). Todd Shipyard (4) Trans Air Trans. Trans Lux DL P S Tri-contin’l Corp war. Tri-Utilities “runz Pork Stores (1) Tubize Chatel, B. . Tung Sol Lamp (1). 110 110 - 6% 7 6% 77 2% 1% 1% + % 30 2 80 + % % % 22% 22 s 18 3% 3% L % 21 16% 20 SR e | - o 1+ Sve N 11(3)no par Sve of Ind pf(7) ic Util Hold war. Pub Util Hold Corp xw. Pub Ut Hold cu pf(3) Pure Oil pf (6). Pyrene Mfg QRS-De Vry. Quaker Oats ( Radio Products. . Railroad Shares(40c) Raflway & Lt Secur (13), Rairbow Lum Prod B... ¥ ter-Foster iable Stores. iance Intl (A) Reliance Int Corp(E) Rellance Management. . Republic Cas Corp. Reybarn Co....... Reynolds Invest. Rhode Isl Pub Sve pt(2)’ Richman Bros (3) Richmond Radiat Rike Kumler (2.20) Roan Antelope Mine i'kland Lt & P (90¢). Roosevelt FleldsIne. ... Root Refining cv pr pf.. Rossia Int Corp (10c) uberoid Co «4). . Ryan Consolidated..... SafetysCar Heat & Ltg. . St Antony Gola Sehitt (The) Go «2) Schulte Real Estate Schulte Un be to$1 §. Schulte 5c to $1 Strs pf. Seaboard Util (28¢) Secur Corp Gen (40¢. Sec Allfed Corp (1). Segal L & H (a50¢) Selected Industries. Sel Indus allot ctfs (5%) Ind prior (512). fridge Prov Stores Seton Leather (1) Shattuck Den Min Sierra Pac Elec pf (6). Silica Gel et. Sinzer Mfg Co (116). Singer Ltd rets(28¢) . Stoux C G E pf (7). Sisto Fin Corp. Smith (A 0) (2) Soiar Refining Scuth Am Gold South Penn Ofl (1). SoCal EdptA (1%). So Cal Edis pf (B) (1%) Sou Cal Ed pf C(1%).... So Colorado PwaA (2) SouthernNat Gas. . e FEIFFEE FEEF United L1441+ e United R o B I S S A ) = N G F OFIEFIESESTREEF + ® B Utility Utility :44 Utility 14+ 14 srrfex - in ‘nflck. $Bils 3 EA RN 4 Ungerleider Fin Corp. Tnion Am Invest. .. Un Gas of Canada(1).... Union Oil ASS0C (2).... UnionTobacco. . Unit Car Fast (40¢). Unit Corp war. Unit Dry Dock. Unit Founders. Utd Gas Corpn. Unit Gas Corp war Utd Light & Pwr All) Utd L & Pwr (B) (1).... Utd Light & Pwr of (6). Utd Profit & Shar pf (1). U S Dairy rA) ). Playlm! Card (2 t Stores v.t.c... t Verde Exten (1). versal Ins (1%). Uti] & Ind pf (1%) 2% Peop G L &C. ividend rates in dollers based on last *Ex-dividend, 1Partly or stock. FPFEEFEF FEF USRS Y ® srexFres Gas pf (7). EE R T | .o 3 - * Profit Shawing. . ¥E LI+ +4 Utah Met & Tunnel Utah Pwr&Lt pf (7) Util Pwr&Lt (at1.0234). Ut P&L B(at1.023%) Pow & Lt pt (7). & Ind. L b | Equittes. Van Camp Pack... Van Camp Packing p! Venezuela Petroleum. Vick Financial (30¢) Voght Mfg Co (1). Walgreen Co.. Walgreen Co war. Walker (H) (50¢). Walker Mining Watson (JW) Co. Welch Grape Jui West Auto Sup A(3) Western T&S. .. Williams R C (70¢).. Fl4l+ 0001 Wil-low Cafe pf (4). Wilson Jones Winter (Ben) Woodley Petr: Woolworth (FW) B Woolworth (FW)Ltd pf. Wright Hargra (t123¢) “X" Oll & Gas. . : HIGHTS—EYPIRE ..Jan15 3% b Payable in st stock. gPlus 6% in si stock. K Plus i0% in in s s 3 |S0EE 2R 87 I SO0 't A0 5t S Re rectiar raia. DEPOSITS OF ALL LOCAL BANKS AS SHOWN BY CALL OF SEPT. 29 Following the call of John W. Pole, dition of all Washingtcn banks as of September 29, 1931, local institutions have | controller of the currency, for the con- reported these dnposxts. as compared with deposits on June 30, 1931, the date of | the last previous call: NATIONAL BANKS. June 30, 1931. Bank of Washington $9,198,271.69 Columbia . 4,791,738.11 Co ercial District Federal-American Franklin . Liberty Lincoln Metropolitan . National Capital . 18,847,001 81 5,113,265.47 1013.83 57,586,204.01 6,716,125.89 Sept. 29, 1931. $9,123,052.89 4,276,170.35 14,313,122.74 9,041,408.11 17,716,646.46 5,126,449.69 3,553,609.81 6,759,703.43 18,091,298.35 1,799,786.84 60,658 277.51 6.,625,876.59 Increase. Decrease. = $75,218.80 515,567.76 1,297,982.56 24,285.63 1,130,355.35 "$13,184.22 *126,845. 63 55,831.18 . 59,159.48 | 3,773,01 30»1 983.50 1937.73 $157,085,402.77 SAVINGS BANKS. Anacostia ... : Bank of Brightwood ... Chevy Chase .. : Commerce & Savings. Departmental ... East Washingto Industrial 614.366.69 711,518.05 2,430,928.08 1,063.887.30 Morris Plan Bank - 4 276.162.51 Mount Vernon North Capitol . Northeast ......... Park .. 3 '!03 068.18 Potomac ... 3,648,261.56 Prudential 402,956.55 Security Sav. & Com. 6,235,834.46 Seventh Street 1,982,983.86 United States .. 2,672.816.30 ‘Washington Mechanics’ 3,128,274.13 Washington Savings .... 159,972.44 ‘Woodridge-Lang. & Com. 553,929.78 $286,554.96 $1,568,881.72 930,810.14 1,169,481.99 1.851,830.64 1,296.290.97 880,946.33 593,670.70 685,383.59 2,279,847.55 1,041,899.99 4,136,649.14 1,405,339.76 1,768,146.51 3,470,713.45 8.651,545.27 . 337,362.02 '65,594.55 6,083,661.62 152,172.84 1,739,149.54 . 243,744.32 | 2,534,474.58 . " 138,34 3,149,155.85 . 699,097.98 60,874.46 576,896.05 $2,889.83 '137.547.37 26,001.63 93,877.88 | '$33.137.76 20,696.1 26,134.46 151,080.53 21,987.31 139,513.37 27,644.24 232,354.73 eee.. $43,275,654.89 $41,851,344.39 $1,424,290.50 TRUST COMPANIES. American_Security . Munsey Trust ..... National Savings . 14,344,531.50 Union Trust .... 9,206,027.48 ‘Washington Loan . 16,831,070.06 Totals ............ $77,703,805.35 . $32,228982.18 5,003,194.13 $76,851,080.30 $32,320,199.27 4,754,893.96 14,443,657.66 8,994 684.20 16,337,645.21 301,343.28 493,424.85 | $852,725.05 RECAPITULATION. National banks . Savings banks . . 5.634.89 Trust companies 77 703 ,805.35 3157 371 957.73 $157,085,402.77 $286,554.96 41,851,344.39 1,424,290.50 76,851,080.30 $278,351,397:97 $275,787,827.46 $2,563,570.51 ‘Totals (Statement compiied by Audley A. P. Savage, auditor of the National Savings & Trust Co.) WHEAT VALUES GAIN IN BUOYANT MARKET % Other Grains Participate in Rapid Advance, With Market Closing Strong. BY the Associated Press. De CHICAGO, October 10.—Wheat trad- stayed their market, and must look to North America for the bulk of their re- quirements until new Southern Hemis- phere grain would be available early in When'. closed strong, 1%al% cents higher, corn %a3; up, oats unchanged to % advance, and provisions varying from a shade decline to a rise of 2 ing broadened out today to the largest | Ji3 volume in months, and prices ross buoyantly to a top about 5!% cents higher than Monday’s low polm For- el ers were future' delivery buyers on May whut. ecp-chlly uarters tha 852,725.05 | WASHINGTON STORE SALES HOLD WELL DURING SEPTEMBER (Continued From First Page.) | shows an improvement in net earnings |during the month amounting to $26.860.12. That taxicab competition is still keen, however, is revealed in comparison with earnings a year ago. Total operating re\egxes were $276,418.72, against $327 .- | 713 in September, 1930, a decrease | f $51204.76. Operating cxpenses and taxes called for $237,400.90, against $268.066.68, a decrease in costs of $30,- 665.78. Operating income was $39.- 017. as compared to $59,646.80, & | fall off of $20,628.98. | September net income of $9.452.49, | compared with $30,259.63 in the same | month last year, shows a slump of $20,- 807.14. As noted in_yesterday’s Star, net income for -the first nine monghs of this year amounted to $275,481.51, compared with $320.390.29 in 1930, & decrease of $44,908.78. Revenue passengers carried in_Sepj- ember totaled 3,314,819, against 3,845,- 152 in September 1930, a decrease of ‘5"3333 For the first nine months revenue passengers numbered 34,204,- 1949, compared with 39,336,351 in the | like 1930 period, a decrease of 5,131, 402. More than 8,000 passengers rode on the Capital Traction lines in Sept- ember than in the previous month of August which indicates that the short- ening of 20-cent fare zones by a limited |number of the taxicab drivers has turned some traffic back to the street | cars. | Financial District Notes. Washington Gas 6s, series “A” led | trading on .Lhe Washington Stock Ex- | change yesterday, $1,000, $500 and $500 | bonds selling at 101, while $1,000 Poto- mac Electric Consolidated 5s moved at 102. Capital Traction stock closed the | week at 2512 on a sale of only 14 shares. The Washington exchange, local New York Stock Exchamge offices and in- vestment houses will be closed tomor~ | row, Columbus day. The local banks | will open as usual, as they pay no at- | tention to holidays in Wall Street. Doctors report the condition of Bd- ward J. Stellwagen, president of the Union Trust Co., as satisfactory. Mr. | Stellwagen has been in Emergency Hospital for some time undergoing treatment. George A. Garrett, resident partner of F. B. Keech & Co.,, who has been touring Europe for six weeks, is ex- pected back at his office Tuesday. The week closed with much more optimism prevelaut in local broker offices, the belief being frequently ex- pressed that at least a pan of the sharp stock advances will be helA, FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal gold Selling checks value. today. 565 $3.87 Sive 4.00c 3530 5.18¢ London, pound. Paris. franc 1s, bel 89 Nor Ind Pub Sve pf(6) 98% North Ind P 8 pf (7) Stock prices (Annalist) » 20 Nor Pipe Line-(14).. tock market volume (lh.lm n-uu) (All rights reserved, Cam! More than $18,000,000 will be spent an a new electricity project in Scotland. B N R | |l +++ H TR T Empire Corporati Gas&F (7) fl% llln!n ==;“’