Evening Star Newspaper, November 11, 1931, Page 13

FI DISTRICT RETAINS STORE SALES LEAD Capital Institutions Ahead of iAII Others in the United States. BY EDWARD C. STONE. Retail sales in Washington depart- ment stores in October were 5.3 per cent lower than in Octchber 1930, but for the first 10 months of the present yesr were practically the same as in th> similar period yoay ago Ac- ing to ¥eports this noon_by Feceral Re- gerve, Benk of Richmond. ‘The exact figures for Washingon in the 10 months were 0.02 per cent lower, than a year ago, which miéans that trade. here has now been brought up to the level of last year, an im- provement which places the Capital ahead of the rest of the fifth dis trict and the other 11 Reserve districts Retail sales in 57 department stores n 24 cities of the fifth Feceral Reserve district in October 1931 totaled 12 per cent less in dollars than total sales in October 1930, cnly 8 stores in-! creasing while 49 decreased in sales during the 1931 month. Sales last month showed a further seasonal in- crease over recent months, but the in- crease was less than in most Octobers, probably due in large part to unusually mild weather. In the United States as a whole, 565 stores reported an aver- age decline of 15 per cent in sales in comparison with sales in October 1930. Cumulative sales in the first 10 months of 1931 decreased 5 per cent in the fifth district and 10 per cent in the Nation in comparison with sales in the corresponding 10 months of last year. The fifth district record for October 1931 was tied with the record of the Minneapolis district for third lace, but for the 10 months of 1931 ifth district sales declined less than sales in any other district. Comparisons With Other Cities. The accompanying table shows in- dividual percentages of change in sales for cities in which three or more stores reported for October: Percentage comparison -of sales in periods Bamed with corresponding periods in 1930 an Kenry T. Ferriss o 2 Cities Baitimore .. Charleston,” W. Va Durham, N. C. Huntington, W Lenehbure, ' Vi Norfolk, ichrond. ashington ‘Winston-Salem. her cities ..... 3 fth district, 57 stores.. nited tates, 865 stores ate figures (same siores as Virgl 14 stores . —15.4 West Virginia, 10 stores. . The Carolinas, 15 store: Fifth District Heads List. The report covering the 12 Federal Reserve districts was made at the head office of the Reserve Board here today. Preliminary figures on the value of department store sales show an increase from September to October of some- ‘what more than the estimated seasonal smount. The Federal Reserve Board's index, which makes allowance both for number of business days and for usual seasonal changes, was 86 _in. .October on the basis of the 1923-25 avdrage as 100, compared with 84 in Seutember and 88 in August. In comparison with a year ago the walue of sales for October, according to the preliminary figures, was 15 per cent smaller. The aggregate for the first 10 months of the year was 10 per cent smaller. Percentage increase or decrease from @ year ago: o January No.of re- No. Ot eyobid yy POTUDE | of er + October 31.° stores.cities —18 —10 565 230 | Sohmunmooton als SSREgRataRni: 5Ca Sors Total .. Fed'l Reserve district— joston 102 Cieveland Richmond. Atianta Chicago ' St Louis’ Minneapolts City. fin Prancisco —13 *October figures preliminary: in_most dis. ricts the month had the same number of usiness days this year and last year Ferriss Urges Credit Revision. A plea for financial institutions to @iscourage the granting of credit based on values resulting from rapid price advances was made by Henry T. Fer- riss, president of the Investment Bank- ers’ "Association of America, at the| ‘White Sulphur convention | Mr. Ferriss attributed a major share of the present problems of the invest- ment _securities business to_this prac- tice during boom years. He declared that the debts contracted by the vari- ous nations during the World War and by various individuals during the boom period to the 1929 collapse, constituted the chief reasons for the break-down tqn international and domestic trade today. The actual burden of these debts in terms of goods and services is far greater than when the debts were incurred. In summarizing his attitude on the dangers of granting credit on the basis of inflated prices, Mr. Ferriss said: “I{ the loan value of stocks and bonds could be determined, not by their price st the moment, but by their average price level, over some reasonable period, sudden and rapid increases in debt se- cured by such collateral could be la: 1y eliminated.” Bonds Lead Exchange Trading. Gentlemen_preferred bonds on the Washington Stock Exchange during to- day’s trading session. Washington Gas Light 4!5s were in the best demand, four $5,000 sales being recorded at 99, the price being slightly under the last previous sale. There were two $1,000 sales in Po- tomac Electric Power Consolidated 5s, both made at 102, same as the recent price for this issue. Capital Traction bs_figured in a $500 turnover at 71 In the stock division both type stocks appeared on the board. two small lots of Lanston Monotype selling at 75, same as the last sale, while 15 shares | of Mergenthaler Linotype moved at 64, | unchanged from the last transfer | Y. E. Booker, secretary of the Stock | Exchange. returned today from attend- ing the annual meeting of the Invest- ment Bankers' Association of Amer'ca, just_ending at White Sulphur Springs, W. va. Analysis of Safeway Stores. E. A. Pierce & Oo. has just issued an analysis of the stock of Safeway Stores, Inc., which is-of special interest to Washington, considerable stock being held here because of the fact that the Sanitary grocery stores are such an im- rtant part of the chain. The New Fork Stock Exchange firm calls atten- tion to the recent acquisition of Mc- Marr Stores that marked the latest Cchapter of an expansion program, in | the course of which Safeway has grown from a concern operating solely in Cali- forria to the second largest food re- tailing organization in the country Safeway now operates 3,974 grocery stores and 2.245 meat markets in 19 Western, Middle Western and Eastern States, and in Canada and Hawaii Its present annual sales volume is ap- proximately $280,000,000. . The Safeway company reported earn- ings of $2.61 a share on the common stock in the first six months of 1931, against $2.156 a share in the similar period of last year. ANCIAL NEW YORK STOCK EXCHANGE THE EVENING STAR Received by Private Wire Direct to The Star Office. Stocks sold 1n 100-share lots except those desigmated by letter s.” 79 107 40 439 36 4% 47 9 1015 28% 29% 203% 1081 120 23% 54 1315 2951 6 277 1045 8% R0% 1131 10 14% £1 62 26% 461 0% 123% 43 7614 308 22% 5% 69% 941 129% 15 9% 5% 23 15% 321 31 2% 1% 1% 11% 16% 45 45% 16 102 181% 116 52% 14% 3T 25% 814 301 465 b4l T 271 8% 16% 451 35 654 101 23 33% 26% 37T 170 501 10% 1214 22 157% 102 195 23 131 24 78% 63 6414 324 38% 43% [ 60 ™ 3% Stock and Low. Dividend Rate. 214 Abitibl Pwr & Paper. 7 Adams Express (1).. 2214 Adams Millis (2).... 2 Adv Rumley.... 18 Affiliated Prod 1.60., 52 Alr Reduction(t43%4). 7 Alaska Juneau (40¢) 814 Allegany Corp... 8 Alleg Cp pf $30 ww., 814 Alleg Cp pf w840 w. 68 Allied Ch&Dye (n6). 14 Allis-Chalmers (1).. 514 Am Agri Chem(Del)., 18 Am Bank Note (13).. 115 Am Beet Sugar 3 71% Am Can Co (16)..... 8 Am Car& Fdry (1).. 40 Am Car & Fdy pt (T) 615 Am Chain : 31% Am Chicle (+3) 5 Am Comcl Alcohol 10% Am & For Power. ... 40 Am & For Pwr pf(6) 25 Am & For Pwr 2d nf. 1 Am Hide & Leather., 7 Am ITome Prod 4.20. 104 Am Jce (2)....... 6 Am International. & Am Locomotive (1). 5914 Am Lo'motive pf (7) 16 Am Mch & Fay 1.40.. 5 Am Metal Co. 21 Am Metals pf i 115 Am Natural Gas pf.. 33 Am News (13%).... 1414 Am Pwr & Lt (21). 54 Am P&Lt nf A st(5). Am Radlator (80¢) Am Radlator of (7). Am Rolling Mills Am Safety Razor (5) 19% Am Smite&Ref (1%) 61 Am Sm&R 24 pf(6).. 5 Am Solv & Chemieal. Am Solv & Chem nf. Am Steel Foundry Am Steel Fdry pf % Am Sugar Ref (5)... 90 Am Sugar Ref pf (7) 12114 Am Tel & Telex (9).. 71% Am Tobacco (16).... 74% Am Tobacco B (16).. 112 Am Tobacco pf (8) 23% Am Water Wks (3).. Am Wat Wkscfa(3). 75 Am Wat W 1st pf(§) 20 Am Woolen Co pf. .. 12% Anaconda Copp 13 Anchor Cap (2.40)... 1 Armourof Ill (A)..» 6 Armour of Ill pf. . 314 Arnold Constable. 4 Artloom Corp 314 Associated Apparel. 9% Associated Dry G (1) 4 Atch To&S Fe (10).. 90 Atch To&S Fe pf (5). 52 AtlCoast Line (7)... 915 Atlantic Refining (1) 20% Atlas Powder (4) 5 Atlas Stores (1). 8415 Auburn Auto (f4). 214 Aviation Corp (Del 6% Baldwin Locomotive 36 “Baldwin Loco pf (7). 28 Balto & Ohio4).. 4814 Balto & Ohlo pf (4).. 86 Bang & Aroos pf (7). 1% Barker Bros . 4% Barnsdall Corp'n.... 37 Beatrice Cream (4).. 37% Beech-Nut Pkg (3).. 12% Bendix Aviation (1). 24% Best & Co (2) 22% Bethlehem 8 . 75 Bethlehem Stl pf (7) 20% Bohn Alumn (1%). 37 Borden Co (k3). 9% Borg Warner (1).... 8% Briges Mfg (11%).. % Brockway Mot Trk.. 3114 Bklyn-Man Tran (4). 6715 Bklyn-Man Tr pf (6) 80% Bklyn Union Gas (5) 4 Brunsw-Balks Bruns Term & Rwy Budd (E G) Mfg. Bullard Co.. . 4 Bulova Watch....... Burrough A M(11%) Bush Terminal(2%). Butte Copper & Zinc. % Butte & Superior. Byers (A M) Co 31 Calumet & Hecla. . 7% Camp W&C Fdy (1). 14 CanadaDryGA (3).. 11 Canadian Pacific 1% . 5% Capital Admin (A).. 79 CarClin & O sta (5). 33 Case (J 1) Co.... 53 Case (JI) pf (T).. 11% Caterpillar Trac (2 2% Celotex Co 12 Celotex pf. 3 15 Cent Aguirre (1%) 214 Century Rib Mills. 9% Cerro de Pasco (1).+ 2315 Ches & Ohlo (2%). 14% Chesapeake Corp(3). 3% Chi Great Western. . 12 Chi Great Westn pf. 2 Chi Mil StP & Pac. 3% Chi Mil StP & Pac pf. 121 Chi & Northwest (4). 10 Chi Pneu Tool pf. 20 Chicago R I&Pacific. 40 ChiRI&Pacpf (7). Chi Yellow Cab (3).. Childs Gompany. Chrysler Corp (1) City Ice&Fuel (3.60) Cocoa-Cola (18)..... Colzate-Pal-P (234). Collins & Afkman Colonial Beacon. Colo Fuel & Iron. ... Colo & Southern (3). Colo & Sou 15t pf (4) Columb G & E (1%). Columb Carbon (4).. Comm Credit (1.60). Comel Cred pf (1% ). Comcl Cred 18t(6%). Comel Inv Trust (2). Comm Inv cvpt(e6). Comel Inv Tr pf 6% . Comel Solvents (1).. Comwlth & Sou(30¢) Comwlth&Sou pt (6) Congolm-Nairn (1).. Consol Film pf (2) Consol Gas N Y (4).. Contl Baking (A) Contl Baking (B) Contl Baking pf ¢ Contl Can (2%) Cont Diamond Fibre. Cont Insur (2.40) Contl Motors. Contl Oil (Del). Contl Shares. Corn Products (3). Coty Inc. ‘rex Carp: Crucible S Crucible Steel pf (1) Cuba Cane Products. Cuba CO.Lvvrecnnnces Curtis Publish (4). Curtis Publish pf (1) Curtiss Wrignt. . Curtis Wright (A) Cushmans pf (8) ...y Cutler Hamm| 4 Davison Chemic 1% Debenhams Security 13% Deere & Co pf (140). 93 Delaware & Hud (9). 2914 Del Lack & Wn (2) 112 Detroit Edison (£).. 12« Diamond Match (1). 6% Dome Mines (1). 11 Domn Stores (1.20).. 423 Drug Corp (4)..u.0e Dupont de Nem (4).. Du Pont 93 Eastman Kodi 74 Faton Axle & 8pr(1). 35%4 Eltington-Schild pf.. 11% 214 Elec&Musical Instru 16% Elec Pwr & Lt (1)... 29 Elec Storage Bat (4) 21' Eng Pub Sve (1.60).. 184 10% 1314 12 Erie RR 2d pt 31y Fureka Vac Cleane 1% hion Park Asso 3 Fed Mot Truck40c). 6a Fed Water Service A 2 d Ph Fire (n(2.60) 50' Firestone T&R pf(6) 41 First Natl Strs (3%) 10% Foster Wheeler (1). 18 Fourth Nat Inv mébe 5 Fox Film (A) 131 Freeport-Tex (3). 115 Gabriel Co (A, 20% Gamewell Co (3) 2% Gen Am Investors. .. 88% Gen Am Tank Car(4) Bales— Add 00 8 53 2 10 2 16 56 13 8 . -1 - s 5 " 2 L T T SR T [T I > P UL L 108 JUPP-—P I 3 4 9% 30 4% 3% 8% 30 4% 19 64% 14% 3% 3% a3 30 9% 19 67 14% 4 10 9% - 9% 184 iy 2214 14 ——1931— Net. | High. High. Low. Close. Ch 47 25% 13 65 54% 124 56 814 T6% 50 48 103% 10% 23 R4 114 a1y T4l 57% 151 388 68's 141 2915 4415 26 1314 42 54 51 38% 21% ) 808, 1234 45 18 107 29 29% 1071y 607 2 191y 5% 75 581y 16% 691y 398 547n 691y 1% 50% 151 4 64 50 91y 107 25% 12% 12% 14 Low. any 145 3 17 24% 11 Stock and Sales— Dividend Rate. Add 00. Gen Asphalt (2). 8 Gen Baking (2) 16 Gen Cable. . 3 Gen Cable pf. 408 Gen Electric (1.60).. 265 Gen Elec spec (80¢) 5 Gen Food Corp (3).. 20 Gen Gas&El A (e30¢) Gen Gas&E cv pf(6) Gen Mills 3)... Gen Motors (3) Gen Motors pf (5)... Gen Outdoor Adv. ... Gen Public Service. Gen Ry Signal (5). Gen Ry Signal pf (6) Gen Realty & Util, Gen Realty & Util pf. Gen Refractories (1) Gen Theatre Equip. . Gilletts Saf R: Gimbel Bros Glidden Co. Gold Dust (234). Goodrich (B F).. odyear T& R (3). odyear 1st pf (7). Gotham Silk Hosfery Gould Coupler s Graham-Paige « Granby Con Min 4 80 16 81 3 19 4 121 27 i 33, 18% 60 4 Grand Silver Story Grand Unfon = Granite City Steel(2) Grant (WT) (1), Great Northn pf(4).. Great Northn Ore(2) Great Western Sug Grigsby Grunow.. Gulf States Steel Hahn Dept Stores Hahn Dpt St pf(6%) Hall (WF) (120)... Harb & Walker (1).. Havana Elee Ry pf.. Hercules P wder(3). Hercules T'ow pf (7) Hersiey Choe pf (45) Holland Furn (12%) Homestake M 0). Houdaille Her: Houston Ofl.. Houston 01l (new) Howe Sound (2). Hudson & Man (3%) Hudson Man pf (5).. Hudson Motor (1). Hupp Motors. ... 1llinois Central. . 1llinois Cent pf (6) Ingersoll Rand (4) Inland Steel (2) Inspiration Coppei Int Bus Machine(n Int Carriers,Ltd 0c. Int Cergent (4). Int Combustion s Int Comb pf ctfs. Int Harvester (2%).. Int Harvester pf (7). Int Hydro E1 A (e2). int Match pf (4).... {nt Merchant Marine. Int Nick of Can(40e) Int Nick Can pf (7) Int Paper pf... Int Paper & Pwr (A) Int Paper & Pwr (B) int Paper & Pwr C. Int Paper & Pwr pf, Int Printing Ink. % Int Salt (3). 13% 10 24 2915 99 B % 10 5% an 6 10% 10 19 5% 18 404 3% 1T 35 18% 7 40 16 15 15% 27% 70 Int Shoe (3).... Int Stlver.... Int Tel & Tel (1). Iat Dept Stores (2 Jewel Tea (4).. Johms-Manville (3) Jones & Laugh pf(7) Kansas City Southn. K'mann Dept Strs(1; Kelly-Spr T 6% pt. . Kelly-Spr T 8% bf.. Kelsey-Hayes Wh Kelvinator Corp.... Kennecott Copper (1 Kinney (G R) Co.... Kresge (S S) (1.60).. Kreuger & Toll 1.61). Kroger Grocery (1). Lambert Co (8)..... Lehigh Valley Coal.. Lehigh Valley R R. .. Lehman Corp (3). Lehn & Fink (3).... Libbey Owens Glass. Ligg & Myers B (15) Lily Tulip Cup(1%). Lima Locomot (m2). Liquid Carbonic (2). Loew's Inc (3)... Loew's Inc pf (6%) . Loft Ine. 5 Loose-Wiles (13) Lorrillard (P) Co... Lorrillard (P) pt (7) Lou Gas&El A (1%). Lou!s&Nashviile(s). Ludlum Steel. m Steel pf. McCall Corp (2%) .. Mclntyre Pore M(1). McKeesport T P (4). Mckesson & Rob (1), McLellan Stores. .. MackTrucks (2).... Macy (RH)& Co(n3). Magma Copper (1) Mallison & C¢ Mallison & Co pf. ManhatElev mod gtd Marine Midld (1.20). Marmon Motor Car. . Marshall Field (214) Mathieson Alkill (2) May Dept Strs (215) Maytag Co pf (3)... Melville Shoe (2 Mengel Co. Met-Gold Ple pf 1, b Sx s Snaue BREY Ey 4 Miami Copper. . Mid Continent Petm. Midland Steel (3) 4 Minne & St Louis. M StP & SSm 1sd (4) Mo Kan & Texas. Missouri Pacific Missour! Pac pf (5). 4 Monsanto Chem (1% ) 13 8 5 214 3 47 97a 16% 120 5% 95 9914 10 112 874 19% % 6l 1 10% 20% 3% 16 201 290 35 4t 281x 29% 129 4 4% 6 EaY 9 1 Montgomery Ward Mother Lode. .. Motor Meter G & El Mullins Mfg. .. Niullins Mfg pf.. Murray Corp otors (2). Nash Chat & StL(3 Nat Acme Co. Nat Bella Hess..... Nat Biscuit (2.50).. Nat Cash Reg A 1%, Nat Dary (2.60). Nat Dept Strs 18t pf. Nat Dist I'rod Nat Pwr & Lt (1) Nat Steel (2)... Nat Surety (2). NatTea (1).... Nev Copper (80¢).. Newport Industri Newton Steel.... N Y Central (4) N Y Chicago & St L, N Y Chi & StL pf. N Y & Harlem (5). N Y In\ estor: 4 H & Hart (4).. H&HDpI (D). N Y Ont & Western.. N Y Steam pf (6)... N Y Steam 1st pf(7). Noranda Mines. .... Norf & Westn (112). North Am Aviation. Nor Amer(b10%stk) North Am Ed pf (6). Northern Pacific 3).. Norwalk Tire & Rub. Ohio Oll. ... Oliver Farm Equip Orpheum Cireuit pf.. Otis Elevator (2%) Otis Steel. Otis Steel Owens 111 Glass (2) . Tacific Gas & Bl (2). pacific Lighting (3). Packard Motor (40c) Pathe Patino Mines. Penuey (J C) ¢ Penna Rallroad (2).. Peuples Gas(Chi)(8) Peoria & Eastern. ... Petm Corp of Am(1) Pheips Dodge Co. ... Phila&Reading C &I Phillp Morris&Co(1) Phillips-Jones Co...» (Continued on Page WASHINGTON, D. C., SEEFEEY L =¥ FEZ Subscriptions for the 102nd Issue of Stock Being Rec: WEDNESDAY. ISTOCKS IRREGULAR IN QUIET MARKET Rail Shares Given Best Sup- port—Trade News Is Favorable. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, November 11.—Reac- tionary tendencies in the industrials, accompanied by firmness in the rails, | went to make up today's irreghlar stock | ! market. Trading volume was small. | Sentiment in the Street at the outset | was much confused. In the first place, | the suspension of trading in the prin- | cipal wheat markets on account of | Armistice day deprived stocks of the guidance to which they had been look- ing of late. Silver started in 60 to 125 points lower, despite the publicity given to various schemes for its rehabilita- tion, but that was due as much to the readjustment of an overextended spec- ulative position as to anything in the news. Traders continued toprofess con- cern over the credit outlook in Ger- many. Rail Shares Supported. On the other hand, the domestic business news was mildly optimistic, The Iron Age reported s 1 production at 21 per cent of capacity against 30 | per_cent a ‘week ago and noted im- | provement in demand from consumers, expressing hope also of further better ment during the remainder of the year. The point here is that normally steel production decreases at this season. Only the railroad shares showed signs of aggressive support during the morn- ing trading. One of the explanations offered was prospects of agreement with the Interstaté Commerce Commission on the pooling plan; another was pros- pects of wage reduction, and a third, to which the hardened habitues of the market listened more readily, was that the short interest in the rails was being pressed to cover. N. Y. Central ad- vanced & point or more, notwithstand- ing continued doubt about the next | dividend. Atlantic Coast Line was up 4 points at one time. Opening Is Lower. ‘The market opened irregularly lower, with trading in restricted volume. The slight increase reported in steel operations was less than market ex- pectations. United States Steel opened | a shade lower at 72'p. The losses in | active issues were confined to fractions. Industrials werg 4 to a point lower. Colombian Carboh at 52': was off 3 and there were comparable losses in American Can, J. I. Case, Radio Keith, General Electric, Westinghouse and Montgomery Ward. American Smelting & Refining opened at 33'4, off 11;. In- ternational Nickel on & 2.000-share deal wag off a fraction at 11%. The rails were inclined to resist the |trend. New York Central at 5415 was up_a shade. So was Missouri-Pacific at 157%. Union Pacific, however, was off at 11115 _Oil shares were dull. Standard Oil of New Jorsey and Stand- ard Oil of California were both lower. American Telephone was unchanged at 1437 and other utilities also were | firm. Motor stocks were slightly lower, with small losses in Chrysler and Gen- | eral Motors. [ INCREASE IN BALTIMORE | SHIPPING IS REPORTED | By the Asscciated Pri BALTIMORE, November 11.—The port of Baltimore teemed with activity today. Nine ships from widely scat- | tered parts of the world were discharg- | ing and loading cargo at the Western | Maryland city-built piers, and customs | inspectors there declared it was the bus- fest day in the history of the 10-year- | old terminal, At the same time figures were re- | leased showing Baltimore to rank first | in intercoastal shipping on the Atlantic | Coast in 1930 and third of all American | ports in aggregate foreign cargo, passed only by New York and Los Angeles. One of the vessels here today, the Ala, was loading a general cargo for Rotterdam and wheat for Antwerp; the Willmcto was loading for West Coast ports, and a third, the Steel Mariner, was taking cargo for the Far East.| Nearby the City of Canton was dis charging a cargo from the Far East. S = | U. S. TREASURY BALANCE. ’ By the Associated Press. | Treasury receipts for November 9| were $80.822,151.03; expenditures, $85.- 399,757.16: balances, $222,771,119.82. | Customs receipts for nine days of No- | vember were $8,076,195.04. | CLEARING HOUSE FIGURES. Washington Clearing House figures for today: $3,680,167.39. —— _ | SILVER QUOTATIONS. | NEW YORK, November 11 (#).— } Bar silver weak and 17y lower at 35% on Chinese selling in London. | | NEW YORK BANK STOCKS | NEW YORK, November 11 (#).—Over- E the-counter market: Chat P ix PO | Commercial Natl . First Natl N Y Natl City . Public Bankers Brooklvn Cent Hanover Chem Bk & Tr Cont BK & Tr Corn Exch . | Empire Guaranty Irving Manufactirers REAL ESTATE LOANS Made at Low Interest Rates TYLER & RUTHERFORD lications _ invi on _ high-class TRt e, Sl ond, 2ol 1520 K St. NNW. National 0475 J JOHN JOY EDSON, President Organized 1879 $6,124,601.90 Your savings w mulate more rapidly deposited in the Equi- table’s systematic plan of savings. Come in and let us explain about the plan. NOVEMBER 11 1931 Washington Produce Butter—One-pound prints, 36; tub, 35, Eggs—Hennery, 38a42; current re- ceipts, 28a33. Poultry, altve—Turkeys, young toms and hens, 23a25; old toms, 18a20; old hens, 20a22; chickens, 3 pounds over, 18a20; 2 to 2!, pounds, 20832; Spring broilers, 24; hens, large, 18a20. small, 15a17; Leghorn hens, 13al5; ;c;osab;l‘b. 10a12; keats, young, 40a45; old, a35. Poultry, dressed—Turkeys, hens and toms, 31a3: old hens, 28a30; chickens, 3 pounds and over, 21a23; 2 to 2} pounds, 23a25; Spring broilers, 27; hens, large, 21a23: small, 18a20; Leghorn hens, 16al8; roosters, 13al5; Long Island ducks, 19a20. Meats—Beef, prime, 1615; choice, 1515a16; good, 14al4!; fair to medium, 11a121%; cow, 7!2a8; lamb, top, 15; medium to good, 12'3a13; veal, top, 14; young old toms, 26a28; | fair to gobd, 11212':; pork loins, 8 to 10 pounds, 13; 10 to 12 pounds, 11lza 12; 12 to 15 pounds, 10a10!;; fresh hams, skinned, 18 to 20 pounds, 10; 12 to 14 pounds, 13: 8 to 10 pounds, 15; smoked hams, 19; strip bacon, #2a23: lard, 50-pound tins, 9; in packages, 10; compound, 7a7%%. Live stock—Hogs, heavy, 4.75a5.25; light and medium, 5.20a5.40; pigs, 5.00a 5.25; roughs, 3.50a4.00; calves, 4.00a 8.50; lambs, 3.00a6.50. Prults—Oranges, 3.505.50; lemons, 5.50a6.00: limes, per 100, 1.75; honey- balls, 4.00; honeydews, 2.25a2.50; grapes, Concords, 23a39: Zinfandels, 1.10a1. Muscatels, 1.10a1.25: Tokays, 1.50a1.75; Malagas, 1.5022.00; black ferarras, 1.75; Money to Loan d by first deed of trust on real estate. | ng Interest and comm! I Weller 23» for Comfort - . SAVIN And give your savings the added advantage of the unusually high rate of 5% Interest paid by this Institution. . . - Open Dail -, 9 10 5 Saturdays Until Noon NAtional 1381 I NATIONAL] | I PERMANENT] BUILDING ASSOCIATION 949 NINTH ST, NW. UNDER SUPERVISION OF U.3.TREASURY| First Mortgage Securities Non-Fluctuating Investments this corporation are a safe and sure current offerings. Denom ons as low as $100 1610 K St. N.W. National 1403 Steady Guaranty First method of accumu- Monthly Payments if Desired ee - . Morti Becu Yield of that are sonsored 6 0 lating & steady in- 3 come. Send for Booklet, “The Success Plan” 2 - OR WHAT With inflationary tendencies grow- and guaranteed by Let us send you a list of our ing, the investor must be prepared | to shift his investments accord- ingly. Is inflation necessary? If it comes, how will it affect securities? What course should the investor pur- sue now? You may have the | much talked of analysis together with our valuable list of “10 Most Attrac- tive Dividend - paying Stocks,” *10 Promising Non.Dividend Paying Stocks”, “Sound Investment Rules” and an 8 weeks’ trial subscription for $1.00 Return this “ad” with §1 and your address today. TFINANCIAL WORLD America’s Investment and Business Weekly 53-FM Park Place New York Business Backgrounds Enlrlved Stationery fur- nishes a background for your message that places the foreground with your cus- tomers and clients. Give fi- nancial consequence to your words by the use of Brewood engraved stationery. “Brewamp st 11 12th St. N'W. District 4868 Equitable Co-Operative Building Ass'n. WALTER S. PRATT, Jr., Secretary 52nd YEAR COMPLETED ed Save Systematically in the Equitable No matter what you are saving for . . . a_home, old. age, your children's education . . . you'll find itable's systematic ing plan a great help. Start NOW and watch it 1 | | 915 F Street FIN apples, bushel baskets, 50a1.50; fancy, box, 2.00a2.75; pears, Anjous, 2.75a3.00; Boso, 3.00a3.50; pineapples, Cuban, 3.0 23.50; cranberries, 1.75a2.00; quinces, 1.00a1.25; grapefruit, 2.50a3.00; bananas, 2.00a2.25; persimmons, 2.00. Vegetables — Potatoes, Maine, 100- pound sacks, 1.25; Idaho bakers, 2.2! sweets, bushel baskets, 50a75; onion: pickling, 50-pound sacks, 1.25al.5 artichoke, 3.50; string beans, 2.25a2.5 limas, 2.50a4.50; turnips, bushel baskets, 1.00; bunched, per 100, 4.00; beets, per 100 bunches, 4.0 carrots, per 100 bunches, 4.00; okra, 3.50; salsify, per one dozen bunches, 75; squash, 3.00a 3.50; peas, 3.75a4.25; cucumbers, 5.0 ANCIAL *¥r A—13 First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. and Indiana Ave. N.W. 67th Series of Stock Now Open for Subscription lettuce, Iceberg, 3.00a3.50; kale, 35a5 ch, 50a75; celery, 2.00; tomatoes, 1.50a1.75; California lugs, 3.00; peppers, 2.5082.75; nearby bushel baskets, 1.00. eggplant, 4.50a5.00; parsnips, 1.2 mushrooms, 50a75; asparagus, Call fornia, choice, 2.00; fancy, 3.50; extra fancy, 4.00; peas, 4.00a4.25. 5% INTEREST PAID ON STOCK James E Connelly, James F. Shea. President Secretary Columbia Building Association 716 11th St. N.W. Under Government Supervision Member United States Building and Loan League Pays 5% Compounded Semi-Annually Money Available for Real Estate Loans | No Commissions Charged 23 Years’ Successful Busine Without the Loss of a Dime for Long-Term Loans The Metropolitan Life Insurance Company Real Estate Loan Plan, After a nation-wide study of home Gnancl'ny plana the Metropolfitan Life Insurance Cornpany offers to the peo- ple of the District of Columbia and nearby Maryland and Virginia a loan plan which runs for fifteen years with the privilege of pre-payment at any due date after three years. parefuuy consider the advantages of this plan before financing or refinanc- ing your home. Construction Loans } i REALTORS Washington Building WEAVER BRO District 9436 Mortgage Loan Correspondent Metropolitan Life Insurance Company Loans made in the District of Columbi nearby Maryland and Vlr‘lnnll: ~o INCOME YOU CAN COUNT UPON When you invest in our 6% FIRST MORTGAGES you are putting money to work at » definite wages—foria definite Over a Third period, ofa The interest will be paid regu- larly; the principal is secured by the nmortgage on conservatively ap- . . » . e ’ praised improved Washington real estate. Century Without a May be purchased in amounts from $250 up. F. SAUL ‘CO. National 2100 925 15th St. N.W. THERE IS NO SUBSTITUTE FOR SAFETY Home Life of “old” “Strong” “Progressive” Broker's and Surplus Line writers just naturally like to do business with a successful agency giving personal service. The Home Life is making remarkable progress. The Preferred Whole Life has gone over big. We are personally interested in “Getting results for you"—Tell some broker friends about the Home Life and H. R. BRYARLY & BRO. SERVICE. This will not hurt you, but will help us and be a favor to your friends. 7 4 Reasons A Liberal and Progressive Company. New Preferred Whole Life Policy. New Personal Income Policy. .~ H. R. Bryarly & Bro. Agency Service. H. R. BRYARLY & BRO., GENERAL MANAGERS, Home Life Insurance Company of New York,G 3 1001 15th St. N.W., Washington, D. C. Phone National 5391 or District 1977. Please let me have full Contract on O Full Time Basis O Brokerage Contract ° Mark with cross proposition desired. Name Address information regerding