Evening Star Newspaper, October 11, 1931, Page 64

BONDS IRREGULAR IN QUIET MARKET U. S. Issues Seil Off—Con- vertible Group Moves to Higher Levels. Y ALEXANDER HENDERSON, Associatec, Fress Pinancial Writer. NEW YORK, October 10.--The bond market turned irregular today and trading was much less active than re- cently. Fluctuations were characteris- tically narrow. However, railroad obligations con- tinued to reflect a greater buying in- terest than other groups. The more active issues among them, such as St Louif San Francisco 4'»s of 1978, Nickel Plate 4!.s of 1978, Erie 5s of 1875 and st. Paul 55 of 2000 jumped from ma- jor fractions to 1'; points. Chicago & Northwestern 43,5 of 1949 end Balti- more & Ohio 425 of 1960 lost about 1 point each on ‘a moderate turnover. Missouri Pacific Series F 5s and New York Central 5s of 2013 eased off fra tionally. Price changes in other corporate Joans were narrower than in the rails. Public utility issues were about ac ac- tive; industrial obligations were much less so. Utilities Power & Light deben- ture 5'zs were an exception and showed a 5-point gain at 55 at one time. A hedvy turnover in International Telephone 4'»s of 1939, which gained | about 1 point, featured the stock pr.v lege Issues. Most of this group we fractionally higher, but the trading was | limited usually to a few sales. United States Government loans were quiet and lower. German 5los were one of the most active foreign bonds and gained fractions. Belgian 7s and French 71,5 were easy. German Central Agricultural Bank 6s of Octo- ber, 1960, and Polish 7s lost about 1 point. Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., Octoben 10.— Owing to the holding of the third an- nual cattle show at the Union Stock Yards, cattle shippers are advised not to ship cattle to arrite next week, as there will be no outlet. The show opens on Tuesday and will close Friday, when all the prize cattle exhibits will be scld at auction. Some of the en- tries from the West have already ar-| rived. Officials say that this will be| the largest and best of the live stock exhibitions ever held in Baltimore. Poultry Prices. The live poultry market rules easy and lower on all lines with the excep- tion of guinea fowl and pigeons, due to liberal receipts and a lighter demand following the close of the Jewish holi- days. Only a fair demand prevafls for Spring chickens, which is centered on large, fat, colored springers, 2! pounds and over, at 20 to 22 cenis a pound, and smaller at 20 and 21, but Leghorns | generally move slow at 18 to 21, with all poor, thin fowl, as well as bare- backs, neglected at 15 to 17. Old hens also show a decline at 18 to 24 for stock weighing 3!, pounds and over, and only large, fat Leghorns attract- ing attention at 15 and 16, but all poor, thin fowl neglected at 12 to 14. Old roosters in liberal receipt and more than ample for the demand, which is limited at 12 to 14. Demand for ducks continues very light, and only large, fat “ducks of the white variety will bring top values of 15 to 20, as all ducks under 4} pounds are hard to move at 12 and 13. Guinea fowl and pigeons holding steady and unchanged at 25 to 50 for the former and 1> to 20 a air for both young and oli for the atter. Receipts of fresh laid eggs from native and nearby points continue light, and the market has a firmer tone, especially on hennery whites, with values showing an advance of 2 cents a dozen. Receipts of nearby so-called fresh eggs consist largely of stock that had been held too long, and shows more og less loss under the candle. Hennery whites must be large and have the necessary weight of 55 pounds and over to the case to bring top prices, otierwise they are terme. pullel eggs and have to be sold accordingly. The market closed today at 30 to 32 cents a dozen for hennery whites, £5 pounds and over, and 26 for rearby candled firsts, but current, receipts will not bring over 24, and ~Il pullet eggs are slow sale at 18 to ... Vegetable Quotations. ‘The market for white potatoes con- tinues dull and weak under liberal sup- | plies from all sections, but values show no change from last week at 75 to 90 | per 100 pounds for well graded No. 1 stock. Mixed as well as No. 2 potatoes not wanted, and have to be sold strict- ly on merit. Sweet potatoes and yams also in liberal receipt, ani with only a fair demand prevailing the market: is easier and values a shade lower at 1.10 to 1.25 per barrel for the former and. 150 to 1.75 for the latter, with ungraded stock selling around 1.00. Native and nearby garden truck in moderate receipt, but ample for the demand, and values on most lines show | & decline at the following quotations Stringless green beans, 75 to 1.25 bushel; beets, 100, 1.50 to 2.50; Savoy cabbage, 40 to 60 bushel: carrots, 100, | 250 %o 350 lima. beans, 60 fo 85 | hamper; onions, 1.75 to 2.00 per 100 pounds; oyster plants, 100, 5.00 to 7.00; peppers, 25 to 35 hamper; pumpkins, 10083.00 to 5.00; spinach, 60 to 65 bush- el; tomatoes, 25 to 1.00 hamper, and 50 to 65 bushel for canners’ stock. Live Stock Market. The live cattle market continues quiet and dull under a very light de- mand, and centered on first quality stock. Common to ordinary cattle are slow sale at inside prices, and much in evicence on the wharves. Quotations to3ay at Light Street Wharf: Beef cattle, first quality, 6 to 7. Com- mon to medium, 4 to 5. Bulls, as to | quality, 3 to 5. Cows, choice to fancy, 4 ta 5. Common to » 2 to 3. Oxen, as to quality, 3 to 5. Calves, veal, cholee, 915 to 10. Large, fat, 7's to 81:. Large, rough, 5 to 6. Common, thin, 3 to 4. Sheep, 1 to 2. Spring lambs, choice, 3!z to 7. Fair to good, 5 to 6. Hogs, straight, 515 to 6. Sows, 3 to 5. Stags, 3 to 4. Live pigs, 12 to 15. Shoats, 10 to 12. ~ NEW ARGENTINE DUTY HITS U. S. AUTO TRADE By the Associnted Press. America’s important South American automobile market has been hit by an Argentine decree, effective October 8,! which increases either the rate of duty or the official customs valuations on more than 100 miscellaneous items. Included in the list are passenger automcbiles and trucks, automotile &m and accessories except tires, rio- reycles and sidecars, mineral oils and lubricant, vegetable lubricating oils and phonograph records. The rate of import duty on passenger automobiles, trucks and autcmobile glans and accessories except tires, is creased from 32 to 47 per cent, sur- tax included, of the following valua- tions: The valuation on passenger auto- moblles is based on the list ~vice in the FINANCIAL 1o51.., UNITED STATES GOVERNMENT. e e ’lmh l;‘ Stock and dividend, High. Low. Close. Chge 10223 100 8 LIb$las 193247, 10112 100 8 100 8-1.08 103 16 100 28 Lib Ist 4348 1932-47. 102 5 100 28 10028 105 5 101 3 Lib4th 4%{s 1933-38. 10220 101 38 101 5- 10316 9910 US3%n1940.43.,,..10024 9910 9910 g; fi::‘,‘c’}:; %:':',"_ A 108 18 9916 9922 —. 90% Kan G ,..ll 100 16 100 16-3. 71 39 Kend: 102 102 3 Am Beet Sugar 6s '3, Am Chain 6s 1933, Am IG Chm 6%s 1949, Am Internation 5148 '49. Am Natural G 638 '42, Am Sm & Ref 15t b8 '47 Am Sugar Ref 37 Am Tel&Tel cv 4% Am Tel & Tel s f 6 2 Am Writ Pap 63 4 Argentine s June 'b9. Argentine 63 A '57. 2 Armour & Co 4%s'39 Armour of Dei 54843, Atch T & S F gen 4395 52, Atlantic Ref deb 6837, Australia 5856, ..0000 Balto & Ohio 6s '$6. B&OPLE& W Va4 B&OS W Divbs 50. Bank of Chile 6%® '67. Bank of Chile H.- 1961 Belgium 65 Bell Tel (I'n) ref 63 4% Beth Steel v m 55 '36 Bolivia 7s ¢t 69 Burdeaux s '34 Boston & Main Brazil 618 1926-57. Brazil 85’41 Broadwy & Tth A Brooklyn Manh Brooklyn Unlon 58 '50. Canada 5s 5! Canada National 44’ Canadian Natl 4%s 57 Canadian Natl 4%s '6 Can Nat July bs ‘69 Canadian Natl 53 Canadian Pacific deb ¢s 4 Centrai Pacific 45 "49. Central Pacific 6s 196! Certain-teed 5%s 19: Chesapeake Corp b8 ‘47 Ches & Oh gen 418 ‘92, Ches & Ohfo 4%5'93 A. Ches & Ohlo 4%s B '95. ChiB&Q4%e B 17. Chi B & Q ref 6571 Ch & Fast [1l gen 68 '51 Chi Great West 4s ‘69 Chi M St P& P5s'76. Chi M St P & Pad) bs. Chicago&Nwn cv 435 49, Chi& N W 6%s°36 Chicago Rys 6s "2 106 28 10630-1.: NY E"" ¥ N Y ¥ N Y N ¥ NY L zZz2 222222277 £ @ ta N Y Tel woew's Inc 68 ex war”’ u.. Lorillard 6%s "37. . Louis & Ni Milan 6%s ‘63 MiIIEIR & L 1st ref Mo Kan & Tex 1st 48 Mo Kan & Tex adj bs Mo Kan & Tek pr In bsA, % § 2 Mo Pacifio gen 4s 76 4815 3815 Mo Pacific 58 A '65.... 68 57 Mo Pacific bs F.. 6715 55 Mo Pacific 58 G.... . 674 53 Missouri Pacific 55 H'80. 67 55 Montana Power b8 1943.. 100 . 97% Nassau Elee ¢8'51. 46% 37% Nat Dairy Prod 6 %s 98 87% Nat Radiator 6%s 1947 11 11 4 el N Y Cen ref tmp 68 2013. N Y Cent deb 6s '35 {Y Chicago & StL 4%s 18 h& SLrer6%sA.. “hi & StLouls 6s '32. N Y Wes & Bos ¢ Norfolk & W en North Amer Ed bs '§7. North Pacific 3s 2047 603 571 North Pacific 48 . 88 861y North Pacifior ) 68 2047., 993 92% Northern States Pow bi Norway 5%s. Ore Wash 1st ref 4 Orient Dev 6 %: Pacific Gas & Fl bs Pacifie Tel & Tel P: merican 6s '3 Lyons-Med 65 ‘58 Paria Orleans 8% Pennacn 4%s Penn gen 438 Penna RR 4%3°'70. Penn 4% 563 Penn b3 1964. Penn gen b3 Co of Italy s Lackawa; Net | 103% 86% . Stock and dividend, High. Low. Close. Chse.| g Abram & Straus 64s'43., 91 88 91 100 Alleghuny CG cv 58 '44... b 4 1968. Chi R 1 & Pac ref bgh&W Ve 4%8C 60 50 Chicago Rock Isl 48" Poland 8s '60. vee 63% 52% Emclzyg:» nélfl:‘. A‘..A Postal Tel & Cab 5833 46 38 64 nion Station W¥esvans T 36 1y B Chi Unfon Station 63%s. .. S iesamenangres b .!,2.: i Chi & West Ind con 4s Reading 4348 °97. 86w 91 -1 Chi & West Ind 5%s'62.. Reming-Rand 6 %8s 58 54 54 3 Chile Republic 65 1960. Rninelbe 78 40 37w 38y 1 5 Chile Copper 68 *47. ... Rnine W 4T 4 M -2 101% 80 CCC&StLr{4%sETT Rio de Janeiro 1 16 18 +1 105 8 CCC&StL6sD. Rio Grande Do Sul 63°68. 15 10 1% 10915 100 Cleveland Term Rio Grand Westcol 4s... 68 68 68 1113 100'x Cleveland Terminal 5% RIATK& L 43%8°34...... 75% 713, 75B% Colombia 68 1961 Jan Rome 6%s ‘52 69 61l 66% Colon Oil 6538 . SLIM&SR&G 48 89 814 89 Colo & Sou ref 438 'i6. .. StL&BF prin4sA 50, 434 Sy Columb G & E deb bs 52.. StL&SF 44878, 23 32 Comm Invest 5%s '49 St L & San Fr bs B 5! 504 60 Con Coal (Md) Ist ref 55. StPKCS Line ¢34s 41. 65 70 Copenhager 53 °52. St Louts S W con ¢ g0 70 Cuba R R 58'52. . Sao Paulo State of 30 31 Cuba North b%s '42 Seaboard A L ref 6 84 Czechoslovakia 8s '51 Seaboard A L con 6 6 Del & Hudson 5%8 '37. 1011 +1% | Seine Dept of 1043 1047 Denmark 6%s 195 78 +10 43 46% Denmark 65 '42. 86 —4 44n 48 Den & Rio Gran 78 -2n| 5 82 Den & R G West ; 33 41w I 943, 98 Den & R G West & . 4015 +41 | 90 98 Detroit Unfted 438 '33 5 - 95 i 103% 104% + % Dodge 63748 9% B4 41y South Pacific col 9 19 4 Dugquesne 4% 191 . 10415 1005% 104 -2 | 98 83 South Pacific ref 83 88 wil Dutch East Indi . 951 86 86 -54| 991 70 South Pacific 4% 70 79% 6% Dutch Bast Indles 6a-62.. 65~ 87% 83 12 100 66 Southern Pac4kn 66 79 +bw ! 1%8°37... 10 8 bé 02% Southn Pac Ore 4% * + 64 i S\:x::.ors'“ g 22 7o % 72-. 5 88% 5014 Southern Ry gen s & = Erisgeniieass 61 55 60 -1 | 111 93 Southern Ry lst + % Erie ref 5561 . 59 sta 11316, 0] RO Hyig et 24 e 59 58 © 475, | 117 74 South Ry devéius -2 A 41 105% 997 Stand Ol N J 6 1% Finland 7s '50.. 56%112%| 101 90% Stand Ol N ¥ 4%s -3 Flor East Coast . 30 2 Sugar Est Oriente b3 3 +% FondaJ&G 4%s 52, 107 981; Swiss 5%s 46 1014 1024 —2% 7 . 114 ¢ 99 60 Tenn Copper 65 B 44 60 60 e < 117% 112 112 -4%2] 109 68 TexasPacificis B77.... 75% €8 15 +6° Gelsenkirchen Min 65°34 50 42 42 —10 | 100 66 TexasPacific6sC'79.... 76 66 73 -4 General Cable 5% 1947.. 57 50 54 58 39 Third Ave Lst re 47 39 45% — 4 Gen Motors 6s '37.. 102 98% 101% +2 | 48% 23 Third Avead) b 29 23 28 42 Ger Gov b8 '65 wi.. 37 31w 34 101 70 Tono Elec Pwr Ts T 2% 6% +4 German Bank 6s 1938 2 5t Union Paeific 1 97% 95% 964 —1% German 7s '49. . Union Pacific 45 68... 88 79 87Tl -5l Goodrich (B F) 6%8°47.. Un Pacific ref 48 2008. ... % Goodyear Rub 58 1957.... United Drug §s ‘53 4 Grand Trunk s f deb €s... Utd Kingdom 5%s ‘87 Grand Trunk 7s *40 U S Rubber 1st & ret ;‘-re-: A:Ol‘"' Wfil:fi g Uruguay 6s 1960. Great Nor gen 3 h N Utan Power & Light Greels 65 1968...... Havana Elec Ry 5% Hudson & Man adj 68'57.. Hud & Man ref 58 °57. 92 % 108% 100 Humble O & R5%8°32.., 100% 100 100% — % | w.:,..h 18t 68 ‘39 93 55 IltnoisCentref4s’sS.... 60 57 60 +47| 96% 30 \VabashbsB 1976 100 41'% [llinolsCentral 4%58°66.. 55's 411, 54% <91 | 96 31 Wabash3s D'80. Inland Steel 481978 ... 87 854 87 1% | 1024, 30 Wabash5is 7 Inter Rapid Tran 60 53 56 42| 79 30 Walworth 6 45, Inter Rap Tr 58 sta 58% 53 57 431 85 25 Walworth 6348 35, Inter Raptd Tran 65'32.. 36 25 3415 +7T1a| 70 26 Warsaw 7s 1958 Inter Rapld Trancv 78... 79% 70 765 15| 94% Inter Cement bs '4! 67 60 66 -—215| 84 3 53 Inter Gt Nor adJ ‘65, 37 30 35 -3 | 96% 53 West Maryland b%s Inter Match bs '47. .. 66% 50 65 +10 | 97 54 Western Pacific b Inter Mer Marine6s’41.. 58 52 56% +4% | 13 103 Western Union T Inter Paper bs A 47 €3 49 63 <2 | 101 8215 Wilson & Co 18t 6: Int Tel&Telcv4%8°39... 647 52 623 —714| 101% 8215 Yokohama 886 86% irish Free State 58 ‘60 85 85 85 — % 103% 75 Youngstown SteelEs 7! 75 85 47 REBOUND IN STOCK PRICES IS BOON TO PUBLIC CONFIDENCE (Continued From First Page.) this country in the pressnt crisis, du- plicating that which has developed in cimilar circumstances abroad in the past year, is not the least of the hopeful signs that have played a part in chang- ing the mocd of the American people in the last few days. Help for Railroads. Next to the banking situation, and re- lated to it, the most acute has been that concerning the railroads. Any program that left out of consideration their ne- cessities would have been incomplete. It is reassuring, therefore, to learn that means are to be provided for relieving the carriers of embarrassing commit- | ments which they would not have been able to meet in a steadily falling bond market and at the same time, a whole- sale disbarment of their obligations from the legal list. It would bs much better for thom in the end, and for the public which they serve, if they could regain their credit status tifrough accommoda- tions from a “revolving fund” and a postponement of the penalties for not meeting legal requirements as to in- terest coverage, than to obtain it through the means of a freight rate in- crease that goes contrary to all economic tendencies of the times. Much has been rumored this week as to the outlook for a reduction in rail- road wages. As a source of immediate United States as published in the mag- *zine, Autemobile Topics, less 20 per eent to cover distributors’ discount, plus 10 per cent to cover freight, insurance and difference in exchange. The same basis of valuation applies to trucks, ex- cept that the distributors’ discount is 30 per cent. Valuation on automcbile parts and accessories varies according to the product. A will mu loans to its agricule at low rates, 3 ” J improvement in operating income, this is not to be reckoned on. On the other hand, if the consolidation of banks is effective where the credit of one insti- tution is put behind another, why might it not be feasible under present trials for the strong roads to absorb the wea for the Interstate Commerce Commi sion to promote a policy of spesdy ap- proval of such mergers and for the new or revived banking agencies, with quasi- governmental powers, to provide the capital necesary to control on & Tair basis of values? (Copyright, 1031.) CHICAGO LIVE STOCK MARKET CHICAGO, October 10 (#) (United States Department of Agriculture).— Cattle—Receipts, 300 head; compared | week ago, strictly choice and prime fed | steers and yearlings, all representative | weights, strong to 25 higher; all other | grades unevenly 25a40 lower; good and near choice long yearlings and common and medium light yearlings showing most downturn; stockers and feeders strong after losing early, 25850 upturn; fat cows and weighty butcher heifers about steady; cutters and bulls strong; vealers, 50a1.00 lower; largely steer run; fed kinds predominating, scaling 950- 1,150 pounds; heavies relatively scarce extreme top, 10.60 on weighty bullocks; 10.25 on yearlings; bulk fed steers, 7.75a 9.50; grassers and short feds, 5.0/ receipts of all cattle running compnr tively small, about 9,000 grassers in run. Sheep—Receipts, 5,000 head: today’s market nominal; for week ending Fri- day, 253 doubles from feeding stations, 14,900 direct: killing classes unevenly spread between fat and feeding lambs » or Virginia. at We will act as promptly as possible and if approved the loan will be nego- tiated for 3, 5:or 10- year periods, and worked to the narrowest point of the season; closing bulk good and choice native ewe and wether lambs, 5.7526.25; best, 6.60; Westerns, 5 75a6.25; week's [top, 7.00, paid for natives; killers | bought, comparatively few thin range ' Iambs during week: native bucks, 4.75a 5.25; throwouts, 3.50a4.00; slaughter ewes, 1.50a2.00; breeding ewes, 3.00a | 4.25; range feeding lambs, 5.00a5.25; best, 5.50 earlier in week. Hogs—Receipts, 11,000 head, includ- ing 8,000 direct; slow, 10a25 Tower; 200- 250 pounds, 5.25a5.50; top, 5.50; 140-190 pounds, 4.65a5.15; pigs, 4.00a4.56; pack- lng sows, 4.35a5.00; compared ‘week ago, 10a25 lower; shippers took 1,000; esti- mated holdovers, 4,000; pound.s 5.1025.50; heavy weights, 250- 350 pounds, 5.25a5.50; packing sows, medium and good, 275-500 pounds, 4.35 a5.15; pigs, good and choice, 100-139 pounds, 4.0024.50. *'lII||I|lll|l||I‘lmmIIIIlI|l|Ill|m|lml'|mmflmIlflllfl“mlllfllmllflmllllllmflmlmlfilmm* 'Money Available for Mortgage Loans ITH the funds available to meet any requirement we will appreciate your application for FIRST TRUST LOANS—new or refinanced—on apart- ment houses, office buildings, residential and business properties, located in Washington or nearby Maryland 5%% lANnAm. H. HAGNER & COMPANY CORRESPONDENT (Gatigued’ Froms Diww Two Tigh. Low. Dividend Rate. Add 00. High. Low. Close. Cige. } I o $11.009.000 88 107 96 Unit Plece DWpf 6% 310s 106 103% 104 -2 | 3 un ed * States” Goverament g, Low, Closs, 10 6% US Distributing.... 16 74 7T 1% + urities owned . - 1357.200.63 18 2% % 2% +1%| 50% 24% U S Distributingpf.. 1 24% 24% zzw »2§ ‘~ °‘g:f,§lfi°,"g§-ng‘ = 5.267.925.08 2 !nlderPlclln‘p 2 6 24 6 +4 12% 1% US & Forn Secur.... 83 4 215 1 +1% | 6. Bankine house. $1,208.984 e 12% Socony-Vacuum 877 15% 12 14% +1%| 90 52 US & For Sec pf(6).. 6 62 52 52 “‘"”'“ fixture: 523 Solv Am pt ww(b%) 12 55 52% 585 -5 10% U S'Freight. . 4 +3% | 7. Réal estate ‘ownsd omher IOVTION 7 South Port RicoSug 18 9% 7 9 +1 +47% than banking house ...... _ 956.274.99 87 Sou P Rico Sug pt(8) 2208 95% 89 954 -+4% + % | (8 Gash and due from harnki.© 131232686 28% Southn Cat B4 (2)... 364 35 354 34% +3% vori | 10 OuS mecks and other T a0y 7 Southern n.m-.m) £ T 7 =% 14. Other assets 2.502.30 45 Southn Pacifio (6),.. 429 59% 45 BTN +7 o B +1% 14% Southern Rwy (m@). 252 20% 14% 19% +3 | 861, 68 USLeathorpf(i).. 3 704 68 704 + % gzh :ou:=-;n llt‘y.pt (5) ; :: g:va :} *: 37% 11 USPipe&Fdry (2). 198 14% 11% 14% +2% |4 outh Ry M&O et( 5 20% 14 USPipe&Fy1st120 34 15k 14% 15 i3 % : 18 Spalding (AG) (1) 19 20% 18 204 +3% 5‘7& 9 usn-’myzxmpu) 187 b v% 13 +2u|! Gndivided pronis 380 95 Spald(AG)1st pf(7 100 20% U S Rubber. e 3808 5% T4 + 7|18 Reserves for dividends, ‘con 48% Span, 361 U S Rubber 15t pf 52 14% 9% 14 +2% |21 Due e banks. inci 25% 12% US Smtg & Ret (1), 19 164 ,“.,,“m,,, 47 35 USSmtg&Refpt3% 4 38 2. pem: u: deposits . Mt {:g% 1:2\( gg!lul C:rpn (4). B366 73 ol . r Steel +fe 10 20 Splcer Mfx BE (3). 20. 20 20 1% 160 U3 Tamaceo (43031 30 ‘61 314 Splegel-May-Stern.. 11 4% 3% 4% +1 9% 1% United Stores (A)... 55 3 - 1214 Stand Brands (1.20), 1151 16 12% 15% +2% | & a1 ' United Storespf (4). 19 30 the. n’.nm'fl.&mm % i 118 Stand Brandspf (7). 8 119% 119 119% + % | (1i4 15% Univ Leaf Tob (3)s, 15 21% 15% 21% + 1% | of y knowleass sod belici ,2 Stand Comcl Tobaccc 12 2 2 2 110 93 UnivLeaf Tobpf(8). 40s 94 93 94 s 204 Stand Gas&El (3%). 459 39% 29% 38 84| o1 3¢ UnivDic istpf(8).. 40s 34 32 32 42 Stand GasaBID( (1). 26 48 43 4k 13 v % UnivPhe SR o 11 1 % % . LoRD. 71 Stand Gas&Elpf (6). 10 75% 71 W+ e " U = 5 Publte. T8, SundGaseElpr(T). 4 84 T 8 6 I o T Ao i L e velrpr‘ecgw":m" exmives 628 it 4 Stand Invest Corp. ., % o+ Py e IAM D. HOOVER. 28l Stand Oil Cal (h23%). 576 33% 284 32 2% 2 % VadascoSalesCorp.. 35 % % % + M4 WOODBURY g;xin 88l Stand Oil Exppf (5). 11 96 88% 95 5 | 28 14 VadscoSalespf. By A INALD 8, HUIDEKOPER. 84 Stand Ofl of Kansa .76% 13% Vanadium Corp. 19% 134 18% 424 WALTER 'c, cLP 2814 Stand O] NJ (13). 4 9% Starrett(LS) (12%). e A “ 12 gt B g e i 2 aau 48 Va-Caro Chem pf (1) 49% 48 49% — % REPORT QF CONDITION 86 Va Elec&Pwrpf (). 520s 98 86 98 +10% g O 32 Vulean Detin (4).... 790s 39% 324 38 -5u| Potemac iavmgs B«‘“lk Studebaker Co(1.20) ' Wabash RR.. L 120 8% 5% 8% +17 DrSRORCETOWN Studebaker pf (7). .. 10 Wabash RR (A)ieee. 71 16 18 15 44 | "ohasom gepce’mi‘u’"z’s c'."" o< et 26% Sun OL (M11). 17% Waldorf Sys (1%).. 53 20% 18u 20 89 Sun Ofl pf (6) 804 Walgreen pf (6%)... 2 85 £0% 85 [ Eeiyiane BRI 58 19 Superheater (214).. x 2'3 Walworth Co. .. o e 3. Overcrafts 2 3034 14 Superior Oil. 8’ g 8 3. United Stetes Government se- - 34 Superior Steel. 49 2% 2 2% + | 4 Ofer bande siocks and s 0098 11y Sweets of Amer 12 81 30 31 -2u| g pCUfities owned 483.460.13 641 Symington (A) Warn Bros Plctures. 1251 74 5% 6% +1n| '13..’m'un"."n‘§'nm§?§q“; = ymunston (4) W ) B E . nkiny 15 Terhstm 5 8 bW 6%+l 4 Sulr'";m; d}:le "from Bk ahiRy 20% Tex Guif Sulphur (3) 187081 I8 1 | e e 1509, 213 Tex Pacific Coal&Oil. 125 11‘. lg *l” 14. Other assets 1198 o 1 A v % + — O e Ty 121 Wosson OASno(1). 39 14% 126 U+ Total ... 3,540,968 30 35 Thatomer Mig of 44 Wesson OASnopt(d) 9 46% 4w 45 —u| Lz, é‘ lbitll stock paid in 814 The Fair 1) 87 ) V. 14% Thompson (3 K) (1), 1414 Western 6% Thompson Prod 1.20, moek and ‘West Pa Pwr pf (6).x330s st Pa Pwr pf (7).x5308 4 Western Dairy (B).. \ FINANCIAL lllu—- Net. 16 12 Dairy (A).. Sl 37 . Bhe maea pmm.— : Demand deposit : Other ‘Tabiities * REPORT m' tional S-vings & Trust Co. - New York Ave. NW,. in O e mber e igd, the close of buslaess hl’ll lflfl #lwunl fi.*‘fi or- rd tl‘me outstanding n Chuk. it el 5% Western Maryland., 214 TR 21 Thomp-Star pt (3 53 Western Md 2d pf. 7 9% 5% 9 +) Washinrian BG: 1 Lonbefialle ] Western Pacific. 2B 4L 34 A% % | poveGanea IEMAKER. egshier of the 3 2oon 6y B 1| AR Satenen b SN0 the best"of n Union (8).. 288 100 8T 981 +6u M7 knowledue and petier, © o 0 & Timkee Detres Westinghse A B(2).. 125 20 16 19% 1% | Subscribed nd sworn b n 194 Timisen Roller Be2)e 394 Westinghouse (2%). 1907 45% 30% 4R, +1% | SUhdny of Octaber, 1331 ' belore me. this 1% Tobaceo Products. .. 76's Wsthse EM 1st m3% 330s 861 80 & -1 @ BENE'B, ApENDES) 7" Tobacco Prod A 1950 ° 6l Weston Elec Instru.. 34 9% 7 91 +2i | Correct—Attest: Tt 3% Transamerica Corp. 8'4 Westvaco Chlor (2). 63 14 94 HENRY PnOTTUTT. % Tradeve & Wiilisrs. 45 Wheeling & Lake E.. 10s 45 45 [ " 3 Tri-Contl Corp. 124 Wheeling Steel, 5 12 124 i AL STORIAN. 51 Tri-Contl Corp 50 Wheeling Steefpf3)x 1 50 50 X AGEE"HOwEeS 24% Trico Products(21). ot s B R el i o i ik 1A 221 White Rock (14%).. 13 25 221 REPORT QF cONDITION P Sl g 113 White Sewing Mach. & 21, 1% - % 17% 31 Twin City Rap Tran, iy 10h nea X Seventh Slrefl Qa\ ings Bank _62___19% Twin City R Tr pf(7) 161 Wilcox Rich A (2% ), 2 19% 181 19% + 1 o‘( ‘v)z‘um’nuon in the Dmnu u( coXumh,. T e close of business on 25, 2% 2 Willys-Overland. 93 2n 1% 2% + 3 193L ;’:: 1:: 4% 20 -2 . % 1 d dl(tuunls $1.435.342 92 12 2T4 I + 20% 11% : 1% U+ Ui S e etates Goveriment i by 15 | 15 20 +3% P 180 119%+14% | 72% 42% Woolworth (2.40)... 1930 551 4214 54w - Tu | Stocks and we- Union Pacific pf (4). 10 7313 70w 731 +1la| 106% 20 Worthington Pump. 326 29% 20 271 - 67 ow 340.908.48 Un Tank Car (1.60).. 34 19 185 19 95 40 WorthPumpA ().. 4 414 41 41 <1 Tarnifure -né"'nxfyfrseg"x‘o'. Unit Atrerafe. . 1834 16X 12 15% +1%| 27 8 Wright Aeronautical 40s § & 8 7 k) seam.3 Unit Alreraftpf 3). 33 48 40" 4412 <3| 0% 50% Wrigley (Wm) 4 61 60% 58 =3 |7 “"L’ri’.ffz"n“n?“'d T o 154 3% Yeilow Truck. 5% 3w B% 1% cash s and other 20 Unit mmmnr('n . 10- 110 110 110 v 7 o | £ 1.820.44 o Dlheuls 10 10 MO ! T8 174 Yellow Truck & Cpt. 700s 200 20 27 8 Unts Crans Biaven. .. 218 2k T8 N T4%) 3 3¢ YoungWpraWhed). 56 14w 16 1k + %] : Bt Evatiupti0i e 3 sS4 230 36 —7i|— 0 18 YeRvw SUGHETNRNS 351260 10726 3y Capital stock pac s Unit Corp (76c) . 421 14% 10 13% +1%| 5% 1 Zenith Radio 15 1% 1w 1% 16. 8t ettt Unit Corp pt (3). . 37 41 35% 40% +2 14 7 ZoniteProd Corp (1) 184 8% 7 Th + W3] gfitl\l,;ivg_;ggfl'hln;t Unit Dyewood. 708 1% 1% 1% — % Dividend rates as given in the above table are the annual |~ iificd and carmiiig: ch{c’ié Unit Electric Coa! 19 4% 3% 4l + % cash payments based on the latest quarterly or half-ysarly decla: | N:L“.ndtgc E 4 Unit Dyewood pf 1008 40% 40% 40% —1 | tons. 123" Time deposits . " Unit Fruit (4). 136 341 28% 34's +2 | ¢% 1o sockr {SRe OA in sioer apabTen: y'n’:?’_"n’n extra, 308 | 35, B pasable and rediscounts " Sha Unit Gas&Im(i. 1758 23t 19% 28 2% | b mkfl payabie in ‘cnls:;&r -]m;k” s S 18" wiark: hieses Unit Gas&lm pt(5 39 9914 9615 99 3% Q7 e e et i | District of Columbia. City of Washins 31% 10 UnitPlece DW (2)., 11 13 12 = 13 + 33| seck® oois xf','q'."fa e aea R A OEN DE "MARCO. cashicr of the 1 imed bank. o solemnly Swear that ;,l;\; E;:‘l“l!d‘;;"‘l’:;“geli“ ue to the best of BUILDING ASSOCIATION'S |fozed an ., excelent sears business SINCE 1899 o SN BE ARCD, Caser tea owt] shown e fact e 2 m that on September 30 assets had arisen MONEY TO LOAN o i 8 odlber. i p_nowarp, ASSETS NOW $2,577,296 | o 32.577.296.17. at 514% and 6% Interest b tAnIn Notary Publie. Ak e asthiias mesiinin) ot tiie atook: — — Before Placing or Renewing Your W ELMER BACON, holders of the Columbia Building ERE TRERARL AN, Association, these officers and dlrecm i lu-m" 554, dood ot trast ou reat | Com-}: ‘!‘él.'.coul “R‘enltnr Directors. were_re-elected: terest and commission. an Specialist Charter No_ 11633 Reserve District No. 8. Sahn B, Haren, presdent; Tarry | Joseph I Weller SFREGETM | cxundith 220, T X, e B. Denham, vice president; C. Netional 246 White, treasurer; Raymond K. Cook. secretary; directors, Anton A. Auth, Pranklin J. Auth, Raymond K. Cook, | Harry B. Denham, Albert O. Denham, | John B. Harrell, C. Gay Harrell, Krogman, C. Albert White and J. Wfl- liam Weber. It was announced by officials at the | wm; that the association has en- | WASHINGTON OUNCIL OF XECUTIVES tential executives are 0 hear an interesting Money on Hand to Loan on c |l First Deed of Trust Executives and fordially invited lecture LLOYD H. DOPP Nati.ona} AT bl rilalie Organization desires to sublease its spa- Rount m;s’mr ScHoos, cious quarters in modern, cen- trally located offfice building. The lecture will begin pr. E3. Thursday, Oetobe: 2701 14th Street Northwest Al} executives are urged to come and Dear the interpretation of an executive STRICKLAND GILLILAN Well Known Humorist Greatly reduced rental. Address Box 210-H Star Office FER'ST MORTGAGES 925 15th St. NNW. Low Priced o STOCKS at ¢ o o 627,2186.! stocks which appear to have un- a3 usual long term profit possibili. $ N Fedral Rascree TSONOSS d"“ '""“ 9. Cash And e from bank. ] W8 ‘economists. Total ....... ot 243.77 o3 e | in the 0,122.24 ' ;—m 3347412 | ion. Besides this valuable list, you 19. Reserves for inferest. taxes | wllioadive T e 10 Mose Atkrscive| and other expenses acerued | Dividend Paying Stocks”, "Sound In. |21 Dir to'bans inciiaing cei- ] b nami sbove statement is true to the best of my i | 53 2 Park Place LOANS Is Your lst. 2nd oS 6 5th St. N.W.. Rooln 707. NAT. 4519 Washington. in the District of Columbia, Loans and diccounts. . Time | United” States deposiis Enowledge and belief. Correct—A Morh: ey ? F. H. James M. Johnston, MR, ERIEBMAN Ghaleirte, | Bl Woaarn Liberty I\ational Bank he close of business on September 329, 1931, RESOURCES. 1,012,135.47 tified and cashi mand _deposits.. dep ks 5 $4.456.243.77 shitigton. District of Columbia, s: McQUADE. president of the above- ed “bank. do solemnly swear that the MCQUADE, President. ubscribed and Sworn e Deta a3 of October, 1931 e e VERETT G. NASH. Notary Public. st: Directors. Charter No. 5046. The Riggs Nati September 29, 1. Loans and discounts ..... . $28,123,410.33 YOU ARE IN A POSITION 3 Onitea are 13407 3. United States Government securities owned 17,667,734.07 To INVEST IN OUR 4. Other bonds, stocks and securities owned. . 6763 266.28 ) 5. Customers' liability on account of acceptancts exet‘ulcd 190.00 6. Banking houses, $2,523,081.03; furniture and fixtures, $430,190.78 2, 953 271 81 "l. g;z‘el'rzsut:fl‘:wp:g O!Ih!; than bl;“:}(ng hOIISQ 2,506.25 3 e W eral eserve Ba: 4,024.0: 67 FIRST MORTGAGES #; Gt maleha Tromibaney 57950 01 10. Outside checks and other mh items. 139 144.89 11, Redemption fund with U. S. Treasurer and due from o e m‘:‘\'euurer . = . 50,000.00 —because upon our convenient par- HIS — ” Lol tial payment plan they may be pur- L IO N R TR s, SIORBTRETS | chased out of income. The interest 15. Capital stock paid in i e . $3.000,000.00 i Overs Thira D8NS simultaneously with the in- [l 1% Jooie g-oootiz- oo L 0 : 18. - Reserves for dividends, contin enciu et A l o vestment and the security in each 19, Recerves for interest, 'taxes ind other expenscs acoried and o oro® | * case is conservatively appraised im- 20. Circulating notes oitsandin 1,000000.88 z . 21. Due to bu\k.s includln certme cashiers’ chec! - Century proved Washington real estate. sl B R e 0 " 30,462,233.59 Without a . 217820013 Loss May be purchased in amounts o from $250 up. . by other baniks for account of this bank. . 1190.00 DI S cesensasiaresss s SEDITTABRY District of Oolumbh City of Washington, & ’ I I, GEORGE O. VASS, cashier of the above-named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. GEORGE O. V., Cashier, B_ F. SA ‘ l I, CO Subscribed and sworn to hefore me this 9th day of Ogtober, 1931, (Seal.) H. DORSEY, National 2100 THERE 1S NO SUBSIITUTE FOR SAFETY REPORT OF CONDITION ©Of Washington, in the District of Columbia. at the close of business on RESOURCES. Reserve District No. 5. onal Bank 1931 NC'.l!y “Public, D.'C. ."JUU? GARFINCKEL,