Evening Star Newspaper, November 23, 1931, Page 13

"A\'f'IAL‘.' TVE \I\(. =3 _STAR: IRADING S QUET [T - OND.C EXCHANGE 5= Sayinas Reveal Interesting *Bain—North American Reports Assets. BY EDWARD C. STONE. Trading on the Washington Stock Exchange opened the week quietly, the first* transactior being a $1,000 sale in Washington Gas Light 5s at 100%3 ‘Washington Gas Light 6s, series B, also figured in 4 small transfer at 1021 Mergenthaler Linotype was the only stock which appeared on the board, an odd’Jot selling at 63. There have been practically no sales in this issu. since the anntial report was made pubiic last week, The balance sheet showed that while business has fallen off consider- ably during the year, the company wes in an unuswally sound financial position Bid and asked prices for other stocks on. the list were pra v unchanged today. Lanston Monoty Potomac Electric Power 6 per cent preferred and the 5 per cent preferred and Wash- ington Rallway & Electric preferred and common stocks are soon to pay dlivifiPnds which have already been de- clared. Savings Soar in 20 Years. Recently many comparisons have bee made concerning the length and depth of the present depression in con- necllon with those of 1907, 1896, 1873 and’ 1837. Information as to deposits in savings is not available covering the whole country in any of those years 1t is {lluminating, however, to look back but 20 years and compare the financial condition of the people of the United States in the lean year of 1911 with that of the present period, following a depression of 18 months’ duration. If the savings in New England of today are compared with those of 1911, the increase is sufficient 50 that every man, woman and child in New England has a gain of 154 per cent in savings. In Massachusetts the percentage is much greater than the average, run- ning to 175 per cent. In the Middle Atlantic States the least gain in any State is 185 per cent and the average per inhabitant over 1911 exceeds 204 per cent. In the Southern States, which have borne an exceedingly heavy burden for the past two years, the gain in savings per inhabitant this year over that of 1911 is 212 per cent. New U. S. Treasury Offering. The Treasury offers $100,000,000 of 93-day bills, dated November 30, to be sold on a discount basis to the highest bidder. Tenders will be received up 0 2 p.m. November 27. The new offer- ing is to meet $80,019,000 of bills ma- turing November 30, With the new issue, outstanding bills will exceed $600,000,000. Despite the inactivity in the money market during the past few days, sub- scriptions for Treasury 93-day bills in- dicates that money conditions are slightly firmer than a week ago. The average rate on a bank discount basis that the Treasury is required to pay for $60,182,000 of 93-day bills dated November 23, is 2.28 per cent, compared with 220 per cent on $75400,000 of bills sold November 16. ‘Total sub- scription for the $60,000,000 offered was $173,213,000. His Confidence Unlimited. Harry J. Hass, president of the American Bankers’ Association, has un- limited confidence in the ability of the country to pull out of the depression and advance into new prosperity terri- tory. In speaking of the outlook, he say! ur Natfon has had much sor- row in the 155 years of its existence. ‘We have passed through the major de- pressions of 1837, 1857, 1873, 1879, 1884, 1893, 1896, 1907, 1914 and 1921 to the present. I vepture to say that in each of these periods there were those who had doubts of the future just as we have them today. But what happened after eaeh on? Our country recovered and was better and stronger than ever. Its people were introduced to improved modes of living until to- day, nothwithstanding the depression, we are reputed to live on the highest « NEW YORK Received by ¥ri Staginnld in 1004 el = Stook and Dividend Rate. 4 ADbILID! Pwr & Peper, 7.0ams Express (1).. Adams Exp pi 6 Afliatid Prod 1.60 Afr Reduetion (14%). Alaska Juneau (40c), ‘Albany Wrap Paper. Allegany Corp. .. Alleg Cp pf $30 ww Alleg Cp pf w40 w.., Allied Ch&Dye (n6). Allied Ch&Dye pf(7) Allis-Chalmers (1).. Alpha Port Cemt (1 Amerada Corp (2). Am Agri Chem (Del), Am Bank Note (13).., Am Brake Shoe(2.40. Am Can Co (15). Am Car & Fdry (1) Am Car & Fdy pf (1) Am European Secur. Am & For Powe: Am & For Pwr pf(6). Am Hide & Leather. . Am Home Prod 4.20.. Am JTce (2). . 5 Am Ice pf (6) Am International Am Locomotive (1) Am Lo'motive pf (7) Am Mch & Fay 1.40.. Am Metal Co. 115 Am Natural Gas pf.. 3314 Am News (13%). 1414 Am Pwr & Lt (31). 60 Am Pwr & Lt of (6 55% Am Pwr&Lt pf A(4). 54 i 3 2 20 a3 3 » sannReaarm s Am Solv & Chemical Am Solv & Chem pf. Am Steel Foundry. .. Am Steel Fdry pf(7) Am Sugar Ref (5)... Am Sugar Ref pt (7) Am Sumatra Tob. . Am Wat W 1st pf($) Am Woolen Co. P TP RTINS S Anaconda Wire & C. » Anchor Cap (2.40 20 Armour of Del pf (7) Armour of 111 (A)., - - 97% Atch To&S Fe (10).. 90 Atch To&S Fe pf (6): 43% Atl Coast Line (4).4 10% Atl Gulf&West Ind. . 9% Atlantic Refining (1) 78 Atlas Powder pf (8). 5 Atlas Stores (1). oo 2 s Sefa 27% Balto & Ohio 4) 42 Balto & Ohio pf 86 Bang & Aroos pf (7. 4% Barnsdall Corp'n. 19% Bayuk Clgar (3). 66 Bayuk Cig 1st pf (7). 37 Beatrice Cream (4).. 373 Beech-Nut Pkg (3).. 12% Bendix Aviation (1). 24% Best &Co (2)....... 22% Bethlehom Steel (3). 75 Bethlehem Stl pt (7) 23 Bigelow-8anford 20% Bohn Alumn (1%). 49 Bon Ami (A) (15). 37 Borden Co (k3) 9% Borg Warner (1).... 8% Briges Mfg (11%).. 8 Briggs&Stratton(2). 31% Bklyn-Man Tran (4). 80% Bklyn Unjon Gas (5) 323 Brown Shoe (3) 116% Brown Shoe pf (7). 10 Burrough A % 15% Bush Terminal(2%). Bush Term deb (7)., Copper & Zinc. Butterick Co. Byers (A M) Co. plane of material welfare of any na- tion in the world. Shodfld we not judge the future by past experience?” North American’s Assets Up. The Statement of North American Co. and subsidiaries as of September 30, 1931, shows total assets of $870,- 279,018, compared with $821,051,202 on September 30, 1930, and total surplus of $156,091,444, against $140.773,397. Current ' assets were $40,398,555 and current liabilities, including accrued taxes, interest, dividends, etc., $32,835~ 643, against $52,746.065 and $34.444,353, Tespectively on September 30, 1930 President Dame reports to stockhold- ers the following business promotion plans being carried out in Washington: “Load building activities of Potomac Electric Power Co. in Washington, D. C., have recently included participa- tion with appliance dealers in the city's first_electric and radio show, sponsored by the Electric League of Washington, and in thé industrial exposition, spon- sored by the Washington Chamber of Commercé, In both instances the dis- play and demonstration of electric ap- pliances &ttracted thousands of visitors and resulted in increased sales by deal- ers and increased demand on the power lines. Electric cooking is being pro- moted through the eompany’s regular cooking classes in the model lome in its new building as well as in the Cen- ter Market in downtown Washington and in neighboring towns in the ter- ritory. A large potential field of new business was opened with the inaugura- tion_on the night of Armistice day, No- vember 11, of the new system of flood and ground lightirg of the ‘Washington Monument, electricity for which is fur- nished by the Potomac company.” Heard in Financial District, ‘The District Bankers' Association was % hold a special meeting this afternoon at headquarters, in the Becker Building, for the adoption of resolutions on the death of three members, John B. Larner, Joseph Schiavone and Edward J. Mc- Quade. The meeting was called before the death of Mr. McQuade, for the pay- ment of a tribute to the other two mem- bers. It was a glowing tribute that local bankers paid Mr. McQuade at the fun- eral held Saturday. There was an un- usually large attendance of financiers, floral remembrances were in great pro- fusion and universal sorrow over his passing from the financial district was widely expressed. New life, insurance to the amount of 85135000 was written in Washington during_October, according to reports from Hartford. As aiready noted, this was a 7 per cent gain over the like Eorlod last year. and was equalled only y the State of Wyoming. RAILROAD EARNINGS. CLEVELAND, Otio, November 23 () —Net income of the Nickel Plate ailroad during October decreased $2.- o(rlailgz;lo under the corresponding month (2 1 ‘The net income, after all charges, Bhowed & deficit of $223,496. crease af $2.501,439 under the corre- sponding period in 1930. ‘The railroad’s operating revenues for October ‘were $3,006,675, a decrease of $936,104, and for the 10-month period $31,446,082, a decrease of $8,485.965. The net’operating income for October was $178,519, a decrease of $285362, mnd for the 10-month period $2,416, 928, a decrease of $2,900,810, { =i . {,, Traders in India are reinstating or- for American goods canceled when { Biering Wene off 'the €0ld Bandara. {4 113 Caterpillar Trac (2 1% Cavanaugh-Dobb. 2% Celotex Co. 11% Celotex pt 15 Cent Aguirre (1%) 9% Cerro de Pasco (1)... 31 Checker Cab Mrfg. 281 Ches & Ohio (23). 14% Chesapeake Corp(3). 31 Chi Great Western. . 12 ChiGreat Westn pf. 2 Chi Mil StP & Pae. 3% Chi M1l StP & Pac pt. 935 Chic & Northwstn. 8% Chi Pneu Tool. 154 Chicago R I&P: 25% Chi R 1& Pac pf (7). 8 Chicago Yellow C(2) 8% Chickasha Cotton Oil 8 Childs Company. 11% Chrysler Corp (1! 2614 City Ice&Fuel (3. 66% City Ice&Fuel pf "b 1 City StOTe8...00vees 10 Clark Equipment(1). 16% Cluett-Peabody (3).. 97% Cocoa-Cola (18). . 28 Colgate-Pal-P (2}4). 16% ColumbG & E (1%).. 33 Columb Carbon (4).. 8 Comm Credit (1.60).. 55% Comcl Cred 1st(6%4). 15% Comecl Inv Trust (2). % Comcl Inv T war sta. 99 Comel Inv Tr pf 6%.. 70 Comm Invcvpf(e6). 9% Comel Solvents (1).. 4% Comwith & Sou(30¢c) 68 Comwlith&Sou pt (§) 6% Congolm-Nairn (1).. 3% Consol Film. 61 Consol Gas N 93 Consol Gas NY pf( 914 Consol Llundrlel(l) 20 ConsolRwys pf (6).. 3% Consol Textile. 2 Container Corp (A).. 5% Contl Baking (A).... % Contl Baking (B).... 40 Contl Baking pf (8) . 31% Contl Can (234). 19% Con’. Insur (2.40) 1% Contl Motors. . 4% Contl O] (Del).. 1% Contl Shares. . 36% Corn Products (3)... 126 Corn Prod pf (7) 3% Coty Inc 2414 Crown Cork pf (2.70) 22 Crucible Steel, . 4 Davison Chemica. 83% Delaware & Hud (3). 294 Del Lack & Wn (2).. 124 Diamond Match (1).. 224 Diamond Mtch pf 1% 6% Dome Mines (1). 42% Drug Corp (4)...vvv 2% Dunhill Internatl. ... 107 63% Dupont de Nem (4)... 124% 105% Du Pont de N pt(6). 18% 8 Eastern Roll Mills. 185% 93 Eastman Kodak (18) us 121 Eastman Kod pf (6). 21% 7% Eaton Axle & Spr(1). 69 86l Eitington-Schild pt., 74% 20 Elec Auto Lite (4) 4% 1% Electric Boat. 9% 234 Elec&Musical Instru 60% 144 Elec Pwr & Lt (1)... 55 Elec Pwr & Lt pf(6). 664 Elec Pwr&Lt pf (7).. 29 E'ec Storage Bat (4) 214 Eng Pub Sve (1.60).. 184 Equit Office Bldg 2% 10% Erie RR. v 13% Erie RR 18t pf (4) 10% Erle RR 2d pf... 31 Eureka Vac Clean: 2 Evans Auto Prod. 12 Exchange Ruffet ( —_—rne e « 89% _ 5.y Fairbanks-Morse. .« 2t 1 re loks t2eas thess dericuat Sates Add 00 High, Loy, Ciose. C 100% 9 1% 9 89% 45 ST Direct by letter N 181 57% 808, 12315 18 3114 2014 29% 160 Laclede Gas (8). % 12% 29 217 11 90% 57 607 474 28% 5 L) % 123 OCK‘EXCHANGE to The Star Office. Bales— Add = stock and Divigend Rate Federal Screw Wks Fed Water Servic Fid Ph Fire In(2, Filene's Sons pf Firestone T&R pf First Natl Strs (2%) Foster Wheeler (1).. Fourth Nat Inv mbbo Fox Film (A). 3% Freenort-Tex (3) rdner Moto Gen Am Inv pf (8)..y n Am Tank Car(4) n Asphalt (2). G Baking (2). Qen Cable pf. Gen Gas&El Gen Mills (3) Gen Mills pt (6). Gen Motors (3) Gen Motors pf (5)4. Gen Prig Ink (23).. Gen Prtg Ink pf (6)., Gen Public Service. Gen Ry Signal (5)... Gen Realty & Util, Gen Theatre Equip Gillette Saf Razor. Glllette Saf R pt (5) Gimbel Broy Glidden Co. iobel (Adolf;. Gold Dust (2%). Gold Dust pf (6). Goodrich (BF).. Goodyear T& R (3). 5 Goodyear 1st pf (7)., Gotham Silk Hoslery Gould Couple: Som and Union pf (3). Grant (W T) (1).... Great Northn pf(4).. Great Northn Ore(2) Great Western Sug. . Great Wn Sug pf (7) 1% Grigsby Grunow 24% Hackensack W (1%) E » » =S 71% Hershey Choe (5). 80 Hers! 81 Hom ) 3 Houdaille Hershey. 19 Houston Ofl. 4 Houston Oil (new) 124 Howe Sound (1) 27 Hudson & Man (3%) 7% Hudson Motor (1)... 3% Hupp Motor: Inland Steel (2). 344 Inspiration Copper. 4 Insur Sh(Ma)(28¢c). 714 Interboro Rap Trans 92 Int Bus Machine(né) 314 Int Carriers,Ltd 60c. 17 IntCempent (4)..suen % Int Combustion. 5% Int Combustion pf... 2215 Int Harvester (2%4).. 10 Int Hydro El1 A (e3; Int Match pf (4 7% Int Nickel of Ci Int Paper pf. 1% Int Paper & Pwr % Int Paper & Pwr (B) @ R @ Sa Int Shoe (3).... Int Silver. 13% Int Tel & Tel (1) 10 Iat Dept Stores (2).. 55 lmerstDSnuwfl) 714 Intertype Corp. . 24 Jewel Tea (14%). 26% Johns-Manville (3).. 99 Jones & Laugh pf(7) 8 K'munn Dept Stra(1) 8% Kayser (J) & Co (1). % Kelly-Spring Tir 10 Kelly-Spr T 6% pf. 6% Kelly-Spr T 8% pf.. 3% Kelsey-Hayes Wheel 6 Kelvinator Corp.... 10% Kernecott Copper(1) 10 Kinney (G R) Co.... 19 Kresge (8 8) (1.6 101% Kresge (SS) pt (7) 88% K¢ (8H) Co (j1).. 514 Kreuger & Toll 1.61). 18 Kroger Grocery (1) © = B el menr s BanS i RennnSianh Sounnunnenan BT anBaamnoem~ Se s &% arm 40% Lambert Co (8)..... 6% Leh Port Cement. ... 3% Lehigh Valley Coal.. 17 Lehigh Valley RR. . 35 Lehman Corp (8).... 1814 Lehn & Fink (3). 39 Liggett & Myers. 40 Ligg & Myers B (15) Ligg & Myers pf (7) 20 Link Belt (1.60). 15% Liquid Carbonie 27% Loew's, Inc (14) 70 Loew’s Inc pf ll’)fi) 2% Loft Inc. . 35% Loose-Wiles (13)..e 10 Lorrillard (P) Co. 1% Louisiana Oil. 20 Lou Gas&ElA (1%). 27 Louisville & Nash(4) 5% Ludlum Steel. 21 __Ludlum Ste ~ o 0 T =TT -SSP T - - - 3 aanneS=T 12 Mclntyre Pore M(1). 38% McKeesport T P (4). 67 McKesson & Rob (1), 19 McKes&Rob pf(3%). » 53 Macy(RH)& Co(n3). 7% Magma Copper (1).. % Manati Sugar. 1% Manati Sugar pf. 9% ManhatElev mod gtd 14 Maracaibo Ofl Exp.. 121 Marine Midld (1.30). 10% Marlin-Rockwell (2) 13% Marshall Field (2%) 1% Martin Parry oo 23 e Melville Shos (2). . w M1d Continent Petm., 7 Midland Steel (3). 85% Midland Steel f (3). 2 MStP &S S Marle.., hV‘ Mo Kan & Texas Mo Kan & Tex pf (7) Missouri Pacific.. ... Missouri Pac pt (5).. Mohawk Carpet..... Blr. Montgomery Ward.. Motor Meter G & El.. sv. Motor Wheel (50¢) . . 8% Mullins Mfg. G 22 Mullins MfE Pf..... 11% Munsingwear Inc(2) Murray Corp. 16% Nash Motors (2) 3% Nat Acme Co. . 2" Nat Bella Hess, 10 Nat Bella Hess pf... 37% Nat Biscult (2.80)... Nat Cash Reg A 1%.. 20% Nat Dairy (2.60).... 19% Nat Dist Prod (2). 84% Nat Lead (15%). .00 130 Nat Lead pf A (7)... 810: 14% Nat Pwr & Lt (1), 18 Nat Steel (2).. 10 Nat Supply Co. 18 Nat Surety (2).. 8 NatTea(1)... 5 Nev Copper (80¢). 214 Newport Industries., Y Central (4). 10 24 - » s P e R N R I w SrndalBok YT aTess 5% N ¥ Onf 24 NY sm»buu ng. e 10 Noranda Mines....., 112 Norf & Westn (112). 315 North Am Aviation. . 26 Nor Amer(b10%stk) 41 North Amer pf (3)... 191% Northern Pacific3).. 85 Northwest Tele (3).. 15 Norwalk Tire & Rub, 6's Ohlo O1f 1% Omnibu: 60 Omnibus pf 7y 14 Oppenheim Coll (2 7 Orpheum Circult p 20% Otis Elevator (2%). 1% Pacific Coast... 1% Pagific Coast 2d pf. —_—— (Continued on Pagé 14.) LI+1+0+01+04+000101 WASHINGTON, Net. High. Low. Close. Chee 2! 2% 2% — % 2 o R R EEFEEF FFEFFEFEFT FE 272,848.55; % | Customs sEaFsyeses LEE 41+ +1 - n = FE OFIE FE FEFE & 5 ! & D. C, MONDAY, IDECLINE IN STOCK MARKET RESUMES Rail Wage Controversy Con- tinues as Factor in De- pressing Prices. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, November 23.—Stocks continued their decline in today's open- ing session of the week on the Ex- change, but with very limited volume of trading. The chief market influence at the opening was, of course, the refusal of the rallway unions to accept & wage cut. It brought selling into the railway group directly at the start, with new low prices for practically all of the leading shares. Extent of Decline. Unlon Pacific under 89 was at the lowest in 28 years, New York Central under 37 at the lowest in the history of the company, Southern Pacific under 38 at the lowest since 1903, and there were new lows for the bear market in Louis- ville & Nashville, Pennsylvania, New Haven and Illinois Central. Atchison broke through par. United States Steel was again the se- lected target for selling in the indus- trials, and it also made another new bear-market low, breaking through 60 for the first time. There was no un- favorabie steel news to account for the weakness in the old-time leader. In fact, the summary by the trade maga- zine’ Steel was distinctly optimistic, out the Street professed concern over the next dividend. ‘The best showing was made by the motors, although they yielded some- what. Auburn swung back and forward through a wide arc, as usual. For & time General Motors was firmly sup- poi . Motor manufacturers are sald to be setting their production scales for next year at a level only to be justified by an increased consumer demand of which they seemed confident. Opening Ts Lower. The opening was lower. Ralls were the weakest group. Pennsylvania at 271, off 3, and Southern Pacific at 40, off 1}g, reached new low levels. United States Steel at 60% opened up Js but this gain was canceled in_the next few sales. Amer- ican Telephone was very active but virtually unchanged. At the opening the market faced these unfavorable developments: Railroad labor unions rejected & proposal for & 10 per cent wage reduction; Great Brit- ain planned a 3313 per cent duty on iron and steel goods; the pound ste:ling fell 5 cents in London and 6 cents here because of sales to cover payment of goods being rushed to Britain before the new tariffs become eflective Wed- nesday. Constructive factors included a further rise in weekly commodity av- erages, expanding steel production and decreasing ofl output. General Motors at 25% was un- changed, but du Pont was fractionally lower at 58'5. Consolidated Gas lost Vs at 68, North American 35 at 351z and Western Union !5 at 56. Standard Oil of California gained 1 to 317. General Electric and Westinghouse had fractional declines. Eastman Kodak dropped a point, and Lambert was down 14 at 533, Bethlehem Steel opened off 13, at 533 . Bethlehem Steel opened off and American Can at 741 were nllgm]y ]uwer New York Central was off 34 at and later reached 36%, a new low. ?mon upened on’ 1% at 101. U. 8. TREASUEY BALANCE. By the Associated Press. Treasury receipts for November 20 were $6.317,235.45; expenditures, $7,- balance, $174,628,026.64. receipts for 20 days of No- yember were 319 385 312.43. SILVEB, QUOTATIONS NEW YORK, November 23 (#)-—Bar silver, easy and 74 cents lower at 29%. CLEARING HOUSE FIGURES. ‘Washington clearing hoase figures for today: $3,366,277.78. NEW YORK BANK STOCKS NEW YORK, November 23 Over-the-counter market: @ .— Amuu Ch: REAL ESTATE LOANS Made at Low Interest Rates TYLER & RUTHERFORD e 5 for 3.5 -r Yo Senre 15 urnf 1520 K St. NW. National 0475 ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. and Indiana Ave. N.W. 67th Series of Stock Now Open for Subscription 59, INTEREST PAID ON STOCK James E Connelly, James F. Shea, President Secretary First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. Invest Your Savings Now in These Profitable First Mortgage Securities : YIELD 'They are sponsored § o EEET corporation as safe and w\lnd in- Denominations Monthly Payments if Desi vestments. Send for Booklet. “The Success low as $100 REAL ESTATE MORTGAGE & GUARANTY CORPORATION 1610 K St. N.W. National 1403 Hons NOVEMBER 23, 1931. Washington Produce Butter—One-pound prints, 36; tub, 35. Eggs—Hennery, 38a42; current Tre- celpts, 28a33. Poultry, alive—Turkeys, young toms and hens, 25a30; old toms, 23; old hens, 22825; chickens, 3 pounds gnd over, 18a20; 2 to 2}2 pounds, -0a22; pring broilers, 23; hens, large, 18a2( mmll 15a17; Leghorn hens, 13al5: x-o(:ne3 rs, 10a12; keats, young, 40a45; old, 25a35. Poultry, dressed—Turkeys, young hens and toms, 37a40; old toms, 30a32; old hens, 33a35; chickens, 3 pounds and over, 21a23; 2 to 2'> pounds, 23a25; Spring broilers, 30; h(‘ns large, 21a23; small, 18a20; Leghorn hens, 16al roosters, 13al5; Long Island ducl 19a20. Meats—Beef, prime, 17; choice, 16; fair to good, 1272a14; cow, 8'% "veal top, 15; medium, 14a15; lamb, top, 17; medium, 15a16; pork loins, 8 to 10 pounds, 16a17; 10 to 12 pounds, 13%;a 14; 12 to 15 pounds, 12a13; fresh hams, 8 to 10 pounds, 15; 20 to 25 pounds, 10; strip bacon, 22a23; lard, 50-pound tins, 9; in packages, 10; compound, 7a ‘Frults—Oranges, ~3.00a5.50 4.00a4.50; grapefrult, 2.50a3.00; limes, per 100, 1.50a175; casabas, 250; ap- ples, bushel baskets, 25a1.50; box stock, fancy, 2.00a2.75; pears, 2.50a3.00: grapes, Emperors, 2.00; Tokays, 2.00a2.25; Cornichons, 1.25; pineapples, 3.5024.00; bananas, 125a2.50; persimmons, 758 150; honeydews, 3.0083.25. Vegetables — Potatoes, Mane, 100- pound sacks, 1.25; New York, 150-pound sacks, 1.75; Idaho bakers,” 100-pound sacks, 2.25; sweets, per bushel, 50a75; string beans, 1.76a3.25: caulifiower, 1.75 a200; peppers, Florida, crates, 3.30a 400; ‘mushroonis, 50a1.00; beets, per 100 bunches, 3.00; carrots, per 100 bunches, 4.0p: bushel 'baskete, '1.25; tomatoes, Californta, lugs, 17 fettuce, Ice: berg, 3.25a3.50; e bunches, 75; celery, 2. parsnips, 1.25; asparag artichokes, 3.50; spinach, 75; kale, 65 watercress, 1.25; tarnips, 50; eggplant, 4.0084.50. BANK STOCKS DECLINE FURTHER DURING WEEK By the Assoclated Press. NEW YORK, November 23.—New York City Bank & Trust Co. stocks recorded further declines during the past week, as indicated by dollar index figures compiled by Holt Rose & Tros- ter. Sixteen leading issues as of No# vember 21 ylelded an average of 6.59 per cent, compared vith 6.0 per cent as_of November 1 Bastd"on the' Noyember 21 figures, the 16 issues are selling at 14.2 times their known current earnings, against 153 times on November, 14. lemons, || Trust Oflicial Resigns. BALTIMORE, Novembsr 23 (Spe- cial) —The board of directors of the Baltimore Trust Co. at their regular meeting Saturday accepted the resigna- tion of Donald Symington as vice chair~ man of the institution’s Executive Com- mittee, Howard Bruce, chairman of the board and chief executive officer, said. The resignation will be effective Jan. uary 1. Mr. Symington will remain a mem- ber of the committee and continue as a director of the trust company, it was stated. His withdrawal from execu- tive duties was prompted, Mr. Syming- ton stated, by the desire to devote his entire time to various business enter- prises. He is chairman of the board of the Symington company, the Gould Coupler Co. and !he Locke Insulator Co. Germany will 1mparfi nearly 5,000 American _typewriters this year. Money to Loan IO'IIII I’ first deed of trust on re; interest Inl 01 iss] Joupl: l Weller &, $10,000 Estate Created Immediately By Depositing $21 Monthly (Age 35) At Age 60 You receive $6,269 Cash or $10,000 Paid-up Contract Smaller or larger amounts for proportionate deposits. Send Date of Birth for llustration M. LEROY GOFF Woodward Building Nat. 0340 Insurance Exclusively Over 20 Years Prestige? IT'S cashable business reputa- tion . . . to keep playing the tune of prestie on the upper notes of the cash re ter, use stationery that helps your reputation, engraved by ‘Brewan g;m..g:.fim 611 12th St. N.W. District 4868 % INTEREST On Savings Help Your Regular Open Daily, 9 t0 § Saturdays Until Noon NAtional 1381 PERMANENT FINANCIAL, 000 Organized 1879 52nd YEAR COMPLETED Equitable Co-Operative Bldg. Ass'n JOHN JOY EDSON, President WALTER S. PRATT, Jr, ‘firflnrv Assets...........$6,124,601.90 Subscriptions for the 102nd Issue of Stock Being Received AR == Save Systematically at the Equitable $2.50 Share [T Start now to provide for future suc- cess by saving systematically in the Equitable. You'll find our plan a help- ing hand to accumulate money. F ST. L =y ELl TREST " DEPT, No Effort on Your Part —is more important than leaving adequate mainte- nance for those you may predecease. {Through the creation of a LIFE INSURANCE TRUST, with this veteran bank, you can assure a fixed income for your bene- ficiaries, w it h absolute safety%or the principle. R A feresting, and will in no way obli- oate you., Fifteenth St., Opposite V.S Treasury T BB > We Give Prnperly Management Personal Atlenuon " time and money to put the management of your apartment house, office building, residential and business properties in our hands, gOU will find it such a saving of worry, annoyance, We are organized to render efficient and econom- ical service—assuming the full responsibility for every detail. PROMPT remittance is the INVARIABLE rule of this office. RANDALL H. HAGNER & COMPANY )lom Loax 00m 1321 Connechcut Ave. Decatur 3600 A TR 72T T iORTGAGES CONSIDER THE SAFETY AS WELL AS THE RETURN You'll find everything favoring our 6% FIRST MORTGAGES as an investment where you want to eliminate risk and be able to count upon a definite and change- less return. Ower a Third of a Century These mortgages are secured by conservatively appraised improved ‘Washington real estate. Without a Loss May be purchased in amounts from $250 up. B. F. SAUL.CO National 2100 925 15th St. N.W. THERE IS NO SUBSTITUTE FOR SAFETY For Fifteen Years The Metropolitan Life Insurance Company Real Estate Loan Plan. Weaver Bros., Inc., Mortgage Loan Correspondent of the Metropolitan Llfe Infl“f‘nce Comp.l‘y. 1s pre -red to offer to home owners in the District of Columbia and nearby Maryland and Virginia a loan plan whick runs for fifteen years with the privilege of pre- payment at any due date after three years. Le' us prllln ofhef de!lrable ‘ea' tures to you. ~{ Construction Loans WERES RS O Washington Building Mortgage Loan Correspondent Metropolitan Life Insurance Company Loans made in the District of Columbia and nearby Maryland and Virginia Districe 9486