Evening Star Newspaper, December 18, 1931, Page 13

FINANCIAL THE EVENING STAR, WASHINGTON, D. €., FRIDAY, DEC BULDING ANDLON| ™ NEW YORK_STOCK EXCHANGE | §106k PHGES GAN [+MICABLE PARLEY ox RAwwAYTpio i r ASSUB'A"UNS GAIN e et | Tren T8 conDidend Rate, “Addog mgn. Low. Cloge, Ghas. IN Presidents of Various Carriers Prepare to L 14 2 AbitibiPwra Paper. 1 24 25 215 4 8 « 6% Congress Cigar (1) 6 6 + % . . . 52 5 Abitibl s g 20 Conol Cigara (5) 2% 20 221 424 ; Meet Agam With Representatives of J 4 i o 39 18 Abraham&straus1ly 19% 19 + % 42 C 1Cy 6%, 4T 42 4T 5 P District Organizations Reveal| fu. i AVIRESIICSS s in® 3 lw 8 Cadinpetst Bt i 8§ 2 |Short Covering and New oo O Sump of 35 Per Cent I3 23 31 Adan 20 3 3% 3 o 7% Consol Film pf (2).. 9% 9% 9l + % f : i abor Urganizations i 92 501, Adams Exp pf (5) 408 5 5019 58% Consol Gas N Y (4).. 64l 59 6dia 41 Buying Lift List After % Shown for First 11 Months Increase of $6'363'000 331, s Adams Millls (2). j %: t+ 88 CDn:Ol Gas NY ot (5) 88 88 2 vy 231 Ad = h (1), k: 2 * Consol Laundries(1), 9% 9 Over Year Ago. i e P 2 Consol Taxtlle. ... Kl s Early Drop. BY CHARLES F. SPEARE. ment in the pay of railroad employes of 1931, 20 1213 Affiliated Prod 1.60..x 17 13 E s 7 Container Corp (A) .« % Special Dispatch to The Star. has been dealt with so serfously and 109% Alr Reductlon(t4%) 27" & ok Contl Baking (A)... 4 k = ; ! BY EDWARD C. STONE. 200 Alaska Junenu (406) 12 : ? ; Contl Baxing (B 1o - BY GEORGE T. HUGHE! NEW YORK, December 18.—Through | with so little animosity, on the part of omitted| 2. %, Albany Wrap Paper. b Contl Baking pf ( 40 D heetar the exercise of patience and a consid- | those who must make the sacrifices, as In his annual report just submitte 124, Allegany Corp...... Contl Can (23).. 30% 2 G L tive | €T8ble amount of tact, railroad presi- | in this particular instance. X i to Congress. Controller of the Cur-| 59 21i Alleg Cp pf $30 ww 2 . 3% Cont Diamond Fibr 3 3% NEW YORK, December 18—Active | Sle mount parts of the country| From the pacific atmosphere that| The dollar value of America’s foreign e s G 5 Con* Insur (2.40) 18% and higher but still nervous, today's s all pa | now surrounds both the railroad and |trade slumped 35 per cent during the sency John W o ”:im- hat thel gei. 21 Aliekcppex 10w 2 ; Conl Motors. i e mnsiet Indioalad DALl the i ult |[ave fi‘nm:y been brought, )nm1 line m; the ‘"“:’;.’1“‘“’3 camps, & is falr 0| i 11 months of 1991 as compared resources of 24 building o 1828, Allled Chemical (6). ont ol).. ’h s : i ; the voluntary wage cut question, and |assume that a definite and satisfactory Sds bieds associations operating in the District | 126 Allied Ch&Dye pf (1) 5 20 ‘ Contl Shar . 1 dation which had been pressing it down 2 harmonious meeting of the small |conclusion of the wage question wiil [ Vith the corresponding period of last f Colu under the supervision of | 42% Allis-Chalmers (1).. 2 t Corn Products (3). 37 % +4%1s0 severely earller in the week had|® WEEOLOUS TEECLOE O L | be Teached early in January, To is|year otiby Agrs s Alpha Port Cemt (1) 3 8 Corn Prod pf (7). 9 118 dried up, for the time being at least, 48TOUP of men who will rep! 5 auite possible that the revised schedules| Exports during this period amounted the controller of the currency on June . Amerada Corp (2). .. 3 3 Coty Inc...ceeune.e. 8 3 The market opened lower, with many |15 2nticipated in New York today. It of pay may go into effect next month. | o ¢3 939 695.000 30. 1931, totalled $77.992.000 and ex- Am AgriChem(Del). 5 + 0 l:n‘nn.n{'\\ heat t2% 2;‘ Stocks g(‘)mg under their previous low | Will, be possible then to decide on a lIhr-.m- ng afi‘l-:ct a group of men num- | 37 per cent over I 3000 the resources of | 62 Am Bank Xote (2) ... N Ce ‘C;g““‘:‘c'o;‘f'& 108 18 records, but after hall an hour of trad- 1 date when this committee may sit | Dering about ;;:g?‘ih“;f tJU'} accord- | jne” merchandise me number of associations on Am Bank Note pt ( LI 2l 2 bt on ing turned sharply about and advanced | 4 with the representatives of the | 0% D e Interstate Com- | 383 000, or 33 per cent less than for the x u AarboetNigset o ! g Crucible Stesl : 2174 e iy o stort e aeiara | down s A he | merce Commission, and somewhat | zame months of 1630 a year ago. X 7% Am Tect Susar pe. L 1 ‘ s g ‘;31_:;‘;}" e partly on new buying. The change was | ailroad brotherhoods and agree on the .kmx;]lr'r‘ v;odsy Those engaged in train |~ Alnough these amor which aggregated $74. Amer Br Shoe r(v 1 ). - . GubaA quia”fl due to several causes. Most important | terms and the time for putting a re- o cig m; ;;r,‘w Tepresent about 20 | those of last year, the 265,000, e in the year Am Brake Shpt (1) ; CUdiliyEa hine ()L was indication of support in the rail- | duction into effect D ent of the entire body of rallroad | movement of large quantitics of goc f $6.222.000, 1 1t payments on AR GOUE) : Gurtia e ubsht e (%) way bond market. Next to that came | Contrary to a popular notion in Wall | employes. A 10 per cent Teduction in | in the face of # Gisturbed. inters of $6. 000. In 1 P A Am Can Co of (T) i 8% 5 “urtis Publish pt (1) I a ke B , re he men who are presenting the | their wages would mean a loss to them ade sitL 000 2 Girtiss Wilkhe the recovery in bank stocks. Weakness | Street. t ¥ g and foreign trade situ shares increased also from $64.480. 3 '3 Am Car & Foundry. . 2 A Curtis Wit {,’t‘ s i % + in_each of these quarters had been |case of the brotherhoods have consid- | Of 225,000,000 annually and an equal| purchasing power of forcion by 0.244.000 301 Am Car & Fdy pf (7) 1903 2 2 GUEh et ... most discouraging for a long time back. | ered every aspect of the railioad wage | &mount of gain in net operating revenue | g very low poin Nineteen of the associations operated 3 Am Chain.... . E IS e eer. x _ 5 _ situation in a generous and concilia- | W _the employing companies. Preliminar on the permanent plan and five on the| 48 Am Chicle (13). 31 5 Gains in Rails. tory spirit. As a matter of fact, there | It now seems likely that the benefits | made public serial plan The total membershi; 4 Am Comecl Alcohol. . £ 23 '4 Davison Chemical. The largest gains were in the rafl- s been less arbitrariness among them | of the wage reduction will accrue to ! ment, ir ed to T4.272 mem Am Encaustic Tiling 5 DR 22 s Deere & Co pf (1.40)., way shares and in the industrial spe- | than with certain of the railroad execu- | the railroads before any are available commerce aceruing to 1 1 of the toial in the| Am European Secur. 3§ = 157% 64 Delaware & Hud (9). 5 cialties with a small floating supply. | tives, who have only been kept from | from the new schedules of freight r valued at €43000,000 at th . numbers borrowing and | 5 Am & For Power. ... 6 102 181 Del Lack & Wn (2) 7w | Some of the railway stocks performed fan immediate ordering of a 15 per cent | granted by the Interstate Commerce | months. as compared with nonborrowig wnere 21.883 and 57.339,] ¢ Am & For Pwrpf(6) 195 110 Detroit Edison (8).. spectacularly, Delaware & Hudson, | wage reduction by the coolness and | Commission. There is some disappoint- | balance of S85 385 000 for yespectively i ! :m:gm ;v“‘r_g;*;‘ 3 ;‘;‘ ‘9*'. #u\aa &;ll)l;y A60c), 3 9 -, | Which had closcd at the lowest for the | statesmanship of some of their asso- | ment over the slowness of these sched- | period last year The statement following discloses the 9 m & For Pwr 2 . t 3 0% Diamond Match (1).. - bear market, ran up almost 7 points on | ciates, | ules to operate to the advantage of the| But one month thus number of building and loan associa- Am Haw St'ship (1). Ll , 284 Diamond Mtch pf 1% a single string of transactions. Atchison Attitude Ts Conciliatory. ystems which are much in need of | gus tions in the District of Columbia, their |. Am Tiide & Leath pf. 1315 Dome Mines (1).... 7 imeed 5iEointe Aol fic el I o G 1sh to meet maturing obligations. The | of trane & aggregate loans. and total resources on E Am Tome Prod 4.20. 5 Dominion Stores 1% 4 points, although not retai; V\th the railroad brot 1¢rhood T€p- | Rajlroad Credit Corporation. which was | during this June 30 of each year, 1909-1931 45 Am Tce (2)... 33 12 2 Doug Afreraft(t1%) Y = '] gains resentatives adjourned thelr meeting | et yp 1o direct the proper flow of (e $1.869.000 i Numb Am Tce pf (6). ! 5 2 2 Dresser Mfg A (3% ) ‘The always interesting Auburn Auto |In Chicago last week end they urged |increased revenues, will not have funds | shipments an o so- Avereate 5 Am International. t Drug Corp (4)... , Z 4% made & new bt on The recovery. up | e manngements cf the railioads to | ¢ fE TOUT, w1 hot have funds | shipm export trade of creditor netons clations, Loa s Am La France&Fom., Y . 507 Dupont de Nem (4).. 2 more than 7 poi I. Case advancedi|8ppoint representatives Who could meet | 5 ¢hovityefther to'borrow or to pledge | is mor ess T ted by the neces Am La Fr&Foam pf. 3 @ Du Pont de N pf(6).. = against the short 1 St und so for a | With them and negoblate the Wwage | iicinated revenues . Under tHe tarme| ity of debtor i 3o Balsn :m:.:v;:‘;v‘;“‘:r\‘:{-{»’N-)A S “I8% 27, Rastern Roll Milla,, 13 s time Al Dihg die QU TR0 8 SONE TR0 icorporation “the amount derived tion 00.203 3 A::: S Ny‘l 0 b i 5 stman Kodak (t 5 ! 5% + irst half wies Steel, € s tiitue o \“q iite the increase in rates shall, as ‘down th s 4 5 e = 5 2% 6 ton Axle & Spr(1). I ) i a fe quites e ‘op. | Bearly as possible, be ascertained and 21‘,‘ ‘\‘v:;]}:a C. 1005 16 8515 Eitington-Schild pt. 2 2 b Telephone mad v 4 D ited by ‘each participating carrier i S ] ec Auto Lite (4).. x : 3 3% | came back the rest of the lsf.|ably has ey ithin 40 davs after the month in b 27 s ilec& Musical Instra While the sell at its height Telo- | St J ich it aceries and shall be paid to 64 Am Drwr & Lt (£1) -+, 4 9 ec Pwr & Lt (1)... w12 phone appeared to be under the great- the corporation within 10 days after 98 000 ot pl i 5 H 3 ec Pwr & Lt pf(6 4% | est pressure looked like lguidation, e expiration of the 40-day period. to 520.00 Sl e i w34 iz Elec PWr&Ltpf (1).. 5 5 but there probably Was a certain amount constitute a fund for the purposes AmP&LI pt A 8t(6). 5 2 Slec Storage llln “) ul.;.n- of tax elling as well pecified,” SUREABLGY e k Horn Coal...... 1008 0 4 i “Am Radiator (0c)., L nerson-Brant (A). 1408 o Opening Prices Trregular, danoon 47sz0 000 A emiblice : [ dicott-John pf (T)x 1 The market opened with an irregular If the £5.964 000 9'c Am Safety Razor (5) 15 . : EubBro 1 0) e £20.000 AniStitn. ; ; & Pub SVe f (5). BY CHAS. P. SHAEFFER, Associated Press Business Writer, show Credit Corporation. creased shipments of m i~ letter of this provision is| the United St s is the price trend. Butter—One-pound ints, 36; tub, 3 arried into effect, it would be early impro d ‘The Congressional Committee’s action Eggs—Hennery, 28a33; current ¥ March before the ‘“weak roads | this connection it was 7 could obtain relief. Some of them have | an €xpansion rests on situation was as expected. The London | poultry, allve—Turkeys, young toms | important obl igations maturing on | American business market wa ected by a break of 674 18a20 March 1. , : . associations had total S Am Smitg&Ref (1%) 53 2 € uit Office Bldg 2% 75.404.000, an increase of Am Sm & Ref pt (1), 9 5 OTR....ueie 3 Y se in mem- Am Sm&R 2d pI(6). 2 4 6% ErieRR1stpf (4)... 2 of 3210. The Am Snuft (13%). . , ie RR2d f....... L i creation of the National Credit Am Solv & Chemical. 3 chanze Ruffat (1) | new lows in the rail list, such as Ches 1 2 “orporation durin tots SILVER QUOTATIONS peake C ration and c 2 rihg & v 1 ober was sufficient S o 7 Y YORK. Dece 9 5 k 3 5 mentum of the bank failures. It flver futures easy 473.000 t. 5 shion Park As pf.. 5 s industrials. such as United Stats Steel, | | e had a strong psychelogical effect ' oy s, Quota s cents: Decem- agains i Ste 3 205 3 + Sia Fed Lt & Tr ($1%).. 2 were steady at the st i Poultry, dressed—Turkeys, youn, since, although no aemands have ber Marc “Mayr. 3235 increase in 3 4 3 35 3 < “ed It & Trac pe (6) 2608 8 Because firniness of rubberand nd tom: 2 i made on the subscribers to the 0 bid 260 bid, nding over| g bt 3 3 crew Wks.. 2 Gl R LR T T 30a32; chi 5 nds ation for funds. The formation | % il 0,96 5 s 2 8 3 31 Fed Water Service A. 5 7 3 merican United | o 4 c 5 t ilroad Credit Corporation has » shington_Bon : ; ‘@ Fed Dept Storen (1)v 3 States Rubber at 3. broslers. 30 Leg- not vt had a similarly iapby effcet, for | U. S. TREASURY BALANCE. who were present | 201 Am Tel & Telex (9) 2 2 5 F1d Ph Fire In(2.60). : 21% -+ g lly hi \ hens, 16 1<, 13al ¥ ms of prices railroad credit is . Stat discussing the talk | 12 60': Am Tobacco (16). 7 5'¢ Filene's Sons pf 6% .. 4 -1 Newed | 1s ks, 192 on “Fighting E 1 Tobacco B (+6) . E Firestone T & R (1). 16 3 t yesterday's lunch- 32 6 A acco pf (6).. 96 + 9%y Firestone T&R pf(6) A P 110 b, top, hampe g o rece 5" on reparations| 105 Type Founders. . 2 > 3 1 First Natl Strs (2%)x 9 pisax (ifon Athepibe J . 1 mmon. 102 the Railroad Credit Corporation may | vere s14 9. point 2 m Water Wks (3),, 2 2 i Fisk Rubber 5 AndadRoiNen ¥ it sal, top. 14; med .al3; pork, | be modified to permit it to obtai; nk- | pendit: m Wat Wkscfs(3), 2 * Florsheims pf (6). 6 .‘”1’ {é“,y i, 2 L 1 10a1 10 to ing accammodation in advance 1 - AR LA ons and 1 m Woolen Co 2 3 g g FFollonsbee Bros. ... 3 5 tropped to a 4 t f 2 10 h receipts from the increased freight set up an arbitrary Am Woolen Co pf. .. 5 2 \ Foster-Whaeeler..... I ! ook ey ox di) Jllst e e venues and that it function as Money to Loan for the 10 years. 1921 to Am Writ Paper ctfs. 2 2's Foundation Co. ... 4 3 ic Gas & E! 1 T ard important aid to railroad credit in | Secured br first deed of trust on real estate, ITigion ther i) e % Aon 9eis Paver ot o 3 i 1 5 3 Improvement rrowly r ! 1 dit in Prevailing intecest ang comreal es % ; 3 1 80-pound tins, 9; p 10; co ) Jear. d ar toward Paris and New 2%, Am Zinc & Lead. W+t 3s g 5 5 3 burn : 5 higher at | 80-pound ¢ Joseph T Weller ikt roughly equal proportions 'y 19'; Am Zine & Lead pf.. ! § 12 Tyt £ . Live stock —Hoes, heavy, 400 N Gen Mot a 1 - S — — rce was not subject to the op-| 43 91 Anaconda Copoer.... 18 2 but was stil medium, 4 pigs. 4.00; roughs, I of the normal economic forces| ° Anaconda Wire & C. i 8 3 Can at 60, J 3 I : had controlled the | 3 Anchor Cap (2 3 3 Tn ves 2 2's = A1 yorth at 367, we old and had .:n-l}ur«‘ o » x Gen Am Inv pf (§ HeAlCheniient wb was needed to s : Archer-Da Gen Am Tank Car(4) s at 6 S (\ ‘.tul\ «u'( Su- :\nxid Armour of Del pf (7) (I:n Asphalt (2). o 1 & ily. rele y pATImoUT oI L)) 9'. Gen Baking (2). 9 £ 5 ples, ST l0R e at ,:rm0|lr0:ll:;‘f)~- s 95 Gen Baking pf (8).. x 5 5 95 = bushel ts, 4 < 5 £5.000.000.000 of 52 Armour of Il pf.... : ; *. Gen Bronze. 5 ] FEDERAL RESERVE stock 5 4 l C d d T 0 < A Constebial L AR R L R e B 1 : nterest Compounde wice a Year Artloom Corp. . 08 2 2 3 - I |3 3 1 n Cable (A) e i R R S PN I W T e CREDIT ITEM DROPS 104 A v & C = 3~ Falrbanks-Morse. .. Northwestern, but some of th 2 1 Am Ship & Com g Pub Sve pe (6). x 1 *[on the moratorium and the war debt | ceipts, 24a 1 N 1 t some of 00; Jemons, 3 Systematic saving through this Association will instill R in you that spirit of thrift which will start you on the n Elecspec (§80e).x 5 10w 10" —_—- gesines, 2.00az:25 : road to success. One Dollar or more will open your A T e ' 1 b e L R g ':| Decrease of $26,000,000 Shown for| . : account. He takes the view that if Jasions . ok "1 Gen Gas p . 5 ' e R AmisSloren )L : : b s Gon Sia1Ha i a1 2 207 Week Ended December 16—Vol- g kers, 100-pound Money Available for Real Estate Loans he thing 1o do : Siones o " tal Ed El m2. ’ Auburn Auto (£4) .- . m Shore, 50a N il il o 0o Commissio: a Y coiection Austin Nichols A 11y 5 3 o eaE). o8 3 2 ume Greater Than in 1930. T lettu berg, 3.7 o sions Charged c to nations e 2 A Gen Motors (3). Y % Aviation Corp (Del) v horse sense to drop 2 k n Motors pf (5). = 9 e . ori 2 Wl C l bo B -l . °« e e e ) fGen Outinor Ad e S ‘ rearo ke, 1 olumbia bul dmg Association will be more than the 2 a . L Kagapin EublCRaaTo The da 1] str jghz‘u'.\wl 102’““- s S i e s b ohio 145 - 237 Gen Ty Siemal (59, 2El o all e Bak el o | s 716 11th St. N.W. oral obligation involved shou ‘ : Sl e o 16 per 10 hes,” 600 be subordinated to the economic side. R L | 3 ,:e:m_‘m&cm” 15 e ported by the anks, salsi ;_{ ““%{,{;\ E i E UNDER GOVERNMENT SUPERVISION e pelieves D o ‘ 2 5 5N Gen Retiactories (b A \\m‘SI 906.000,000. ity b 3 o Member United States Building and Loan League Latest Local Dividends Declared. Beatrice Cream (4). 3 s Gen Theatrs Equip.. m;};‘;;rm e g o0 Rardoridiceoioreiol tional | T'2 Beech-Nut Pkg (3) .. 3 3 9¢ Gllette Saf Razor. e Bl e 11:‘::‘:[:‘! 2 'n:.‘ 5 n,f(x‘;'r‘:«d ;m'c\. [ Belg N R pt pf t4.81. 5 6 S lette Saf R pf (5). an_increase of $601.000000 compared RRATICIE o | . iminin o ‘T I T Comeponding week 1 our age | 1250130, b, net, 4o pound I e eks o the Hieal Esiafe itle Tn- 6 Blaw knox (500)+.. Gobel (Adolf)...... 5 This corresponds with increases of 8 } 3-pan : . . ) ol hidend due i (his time| 3 % hooth Fisheries:... 3 4 Gold Dot v (00, 185 8 8 ances and 11006000 i moy ! cucumbers, uitable CO erative . ASS N . dividend which « N Dk 3¢ 39w <2%| 207 %% Goodrich (B F). 26 culation. It offset in part by incre | JOHN JOY EDSON, President WALTER S. PRATT, Jr. Secretary R ohthed PBotn | g Warner (1). 300drich (B F) pt. 2 iaLa32L000000 e —— === . e 4 nd $34,000.000 in Treasurs currenc sse 8612 RCIA : i Costren A : 2 |Rdiuctad and a aecter-oi sho0ono || REAL ESTATE LOANS Tei e L U . ) . ] : I el ool B unexpended capital funds. non-member || Made at Low Interest Rates Subscriptions for the 102nd Issue of Stock Being Received ; L 3 . deposits e i new tele- Giould Coupler T ’ — P nohbs wers - instailed i washington| |28 ' ewin E 3 } 5 "\ Graliam-Paige. 3% 3w | o Holdings of discounted bills tnereased | TYLER & RUTHERFORD f which 2330 were sold through the| 9% 3l'x B i 3 35 43 51 Granhy Consol ( 5 o at the Peder T ] Avplications invited on high-class SAVE SOME OF o p0were sold: ] e 2 Tr nf (8) 3 s - 2 Grand Silver Stores 2 of Boston and $13,000.000 at Phil prariments and dellinee and pariiea’ florts of employes not members of 9 5 ! : 3 £ : e ned $27.00 . B ol Tocated husimess % efovs ot employe oy T Grand Uoton. .11, {Phia. They declined $27.000.000 lar] » ated business properties. there w 177.853 telephones in service 3klyn Union Gas (5) 79 3y b o and Unfon pf (3).. Brown Shoe (3)..... g B4 3 2 ant (WT) (1). here o = 2 < < esult of this employe selling Brown Shoe pf (7). 5 orthern pf(2) e g Bruns Term & Rwys 3 ! 1 t Northn Ore(2) 5 in telephones sustained by dis- 31 Buevrus-Erle. . 3 eat Western Sug.. i but a substan-| 7 Bucyrus-Iirle cv b o 5% - igsby Grunow. nerease in the number of tele- Bueyruspf (7)...... 308 ¢ 8 3% | 3 3 ates Steel . phones in service has been realized 5 3 :i\u{r::;‘(.‘ Q”F ilackensack W (1%) because of these sales, | f pde Hahn Dept Stores. .. company becn in a position to 3 2 gund A b e e & Hahn Dpt St pf(6%) y forward a large construction pro- Ellsar e 9 Hanna pf (T)..ecvee am and thus maintain the continuous Bulova Watch, < : y : Harb & Walker (1) loyment of its force 32 e Hartman Corp (B). Insurance Men End Contest. Bush Term deb (7). ] Hayesbody/Corp. 4 3 & o # Hercules Mot (80c) .. A good sportsman luncheon the Butts Copper & 7ine 5 Fleteiles Border i) Army-Navy Club was given Paul D Al 65 Hershey Choc (5) general agent of the Aetna Life B WEBubieRick GO Hershey Choc pf (15 ance Co.. for the Washington-Vir- Byers (A M) C Hoe (R) & C a district today reent M. n- 3 «lifornia Packing. . Holland Fu accepted a challenge from the Pitts- Callanan Zine & Ld. 5's Hollander Sons. .... Pa.. agency on a production basis 314 Calumet & Hecla 9 q E B Iomestake M (7.80) .x for seven weeks prior to November 30 Camp W&C Fdy (1), IToudaille Hershey . Piitsburgh won notw anding a 10 Cinada Dry (12000, 16 ) Househld Fin pf 4.20 er cent increase in ness for the Canadian P'acific 1% 2 15% Houston Oil. . P X : d by the local agency. Tonight 15 Capital Admin (A).. 5 § 3 Houston Oil (new).. « « 1 Atch To&S Fe (10).. 100 2 G : o q 108 S ) 5 jen Electric (1.60)..x ohis hars S5t m(fr‘.éf‘d '« 5% Atch To&S Fe pf (5) T 1% ¢ lv what a1.00° Florida, } = == Francisco. * $19.000.000 at New - ¥ for 8.5 or 10 vears. if so desired . 3 Ttunnogar Col €0, and 27,000 cog [JAISZER ST W N'"“", M757 Your Chrlstmas Money The system’s holdi of bills bought In open " market s82000.000 [ NENTERPRISE SERITAL Don’t spend all your Christmas NN ted States securi- money—start a systematic Savir I;;;(n,\"‘:p,i;(?u s,‘,z}?(lnn,;“.(m,‘lm pt\'(;’,'fll‘ BUILDING ASSOGCIATION Account with the Equitable! $2 50 . Pe; 2 Ban Reserve Banks included a special Tras- i No matter what vou are saving ury certiicate Amonnins e CagTias | B 7th St and Indiana Ave. N.W. g 000. as compared with 109.000.000 a | year ago. It was issued by the Treasury pending the collection of quarterly tax | payments. for—a home. your children's edu P 2 PE VS SOrRuE-F R oyop - rpneaes: 1 14 7! i Stock N " oe . 3 6ith 5"{“': ::m”pm;‘"’ Opoty tion—you'll find the Equitable’s plan § a helping hand to accumulate money, Share Lo 59, INTEREST PAID Start now. CLEARING HOUSE FIGURES, ON STOCK 915 F ST. Vashington Clearing House figures |l james E Connelly, James F. Shea, for today. $3,931.064.91 i "';,,,ff, O m:z::‘ 7 WWWW NEW YORK BANK STOCKS e aries] December 18R -Sove:: First Deed of Trust Trust Companies, Bk o, B A 6% Interest | ! Cent_Hanover ex 'd ghom B & Tl ex s B ) Reamenstiol Cammiciontang A LOGICAL INVESTMENT Corn Exch . z o Prompt Replies to : Tadtna Applications JAMES F. SHEA | when you consider how safely se- 643 Indiana Ave. N.W. ! cured is your principal invested in our I Money on Hand to Loan on MORTGAGES N e Pittsburgh to ‘ase (J 1) Co 5 3 | Howe Sound (3).... he successful agency work- tase (J 1) pf (T).... 5 5 "\ Hudson & Man (3%) was to be the re- ‘aterpillar Trac ( 2 s 10t Hudson Motor (1)... s of the contest. 25 Cent Acuirre (1%). 2 3 Y Hupp Motors, ency present at to- | 23 Cent I Rof N J T T e vere L. G. Emmons. H Century Rib Mills. .. : o l,]h';',‘,"’,',’\(c:::':,}'('“." Freeman N. Stricklin, 97« Cerro de Pasco (1).. ? 1 Indian Motor Cycle. Y Gaines, J. L. Rich- Certain-teed Prod . 2 1% Indian Refining James Hawfield, H. B. Mc-| 23 31, Checker Cab Mrfg.. 55 G 5 o1 THAUR RaYonlce P. Sleeper, C. C. Mason, Guy « Ches & Ohio (2%) S INEeTSIIRARAl(6): McReynolds., George Smi “hesapeake Corn( 3 20 Inlana Steel (2).. F. Preston and D. B. G “hi at Western. . 3 B 3 Inspiration Copper. . i 2 713 Chi Great Westn pf. 13 ¢ 9 414 Insur Sh(Del) 162 e . Trading Confined to Bonds. “hi Mil StP & Pac. .. 9% 21 Insur 51.()1.«1)(2!:‘? Trading on the Washington Stock Thi Mil StP & Pacpf. 25 3 3 5 Interboro Rap Trans Excl today was confined entirely *hic & Northwstn 5 § i 5 #'¢ Interlake Iron. o bonds. The mar opened with 4 Chi & Northwestn pf 1 In. Agriculturs $1.000 Washington Gas 6s. series A, 5 3 “ht Pneu Tool . b b 92 Int Bus Machl: selling at 100',. Two $500 sales in| 35 *hi Pneu Tool pf.... 250s 8% % 3 IntCarriers,Ltd 60¢.x Washington Gas 6s. scries B. were re 5 3 R I&Pacific. 24 o 16 Int Cement (3). corded 131,, and there was a bab; K Pac6% pf. 2 3 'z Int Combustion. ... bond sale i s issue at par 2 ChiRI&PacT% pf 7 21 4 Int Combustion pf... In the past few days the ex-dividend | 23 “hica ) 208 22% Int Harvester (2%).x Jist on the exchange has grown by 6 ds Company.... 10 9« Int Hydro E1 A (e2). Jeaps. On the list of stocks soon to| 25 sler Corp (1) 208 16% Int Match pf (4). pay dividends are American Telephone, ity Ice&Fuel (3.60) 2 2'2 nt Merchant Marin Capital Traction, District National, | g 31 Clty Ice&Fuel pf 615 308 2 s 7 Int Nickel of Can 20e Lincoln ional,” Union Trust, Com: ity Investing (5)... 108 1 80 Int Nick Can pf (1).. merce & Savings, Potomac Savings. City Stores ....... 6 4 17s Int Paper & Pwr (A) United States Savings, Columbia Sand | 105 92 Cluett-Peabdy pf (1) 508 ' Int Paper & Pwr (B) 4 & Gravel, Bromo-Selzer, Merchants' g ola (18) 7 Int Paper & Pwr pf. - anty Frst Mortgages vour patronage. Transfer & Storage common and pre- | 53 Coca-Cola (A) (3). Int Printg Ink pf (§) 508 JOU So Slwaysibetass ferred. Mergenthaler, Real Estate Mort- Colzate-Pal-P (214). rn * . * AiFeaithat et By i i May be purchased in amounts z 2 Int Salt (3)... 2 9% - + s our prin-" . . o gage & Guaranty preferred and the Colg-Palm-P nf (6). : 374 Int Shoe (3). 50 * O civel as well as inct SRl from $230 up. Carpel Corporation ollins & Aikman. .. 3 ™ 5 2 :'i‘. i L | - aasSa o8 B e LTS <L TS e First Natl N fihage 3l LY .o INTERECTY . 6% FIRST MORTGAGES D d 1 o T i 3 in Canada is Incremsing_CluPment —protected as they are by conserva- L S SR R AN i ‘er a Third tively appraised improved \Wash- I S Since 1890 ington real estate —and the gen- +Invest Xmas Money of a ington real estate 1 the gen e d G i erous interest which will bhe paid of service to thousands ) Where You Can regularlv—vou cannot mneed anv of Washington families— . Abhesgep o SRR TON oeC Al Accumulate Safely e i Without'a: g iier nroof of their desirability Ea able and safe. We invite Loss this institution has been =~ dbbbdd b By selecting Guar- LI Tn INCSIVEr. ..0e.nons 2 terest is secured. Collins & Atk pf (1) Tix Int Tel & Telog (60¢) x 362 8 +1% Let us send you a list of our 3 Colonial Beacon.... + R lat Dept Stores (2) +21 current “offerings. As of December 15, the American Colo Fuel & Iron.... i g 1% Investors Equity. 4 + % Il)enmnmalmn.- as low as $100 Telephone & Telegraph had 642,180 Columh G & E (1%). +8 1512 Island Cr'k Coal (3). 2 = Ya|& _ Montaly Payments i Desired Tegistered shareholders, largest total “olumb Carbon (4).. L TN T 314 81% +2v | g Send for Booklet, “Tic Success Plan” for any corporation in the world and mm Credit (1.60). 13 g f: JeralTen (e 2; L 8% 128 the company’s record total. Trhis is an % Comel Credit A (3).. 1 5 e -"-"r\."h\hm'me (1. 1708 85 > 20 8E 41 REAL ESTATE increase of 74,500 shareholders over the | 2 6 Comel Cred pf (1%). ! (RS R G E0) ‘0. 7 68 10 94 on the books end of 1930, It 2 Comcl Cred 15t(63%) 2 : 1281 68 Jones & Laugh pf(?) 1408 ; also exclusive of employes of the Bell Comei Inv Trust (2) o 6'x Kansas Clty Southa. g % TH zh +3 4 System who-are paying for their shares 61 Comm Inv cvpf(es). 15 KanCity Sou pf (4). 2 2 18 20 + PERMANENT Il National 2100 925 15th St. N.\W. on an fstallment basis Comel Inv Tr pf 6% . 5o 'mann Dopt BtrsQ) 4 8 T Ts fl CDRFDRA“U" BUILDING ASSOCIATION In the first half of December 5.337 62 Comel Solvents (1). Kayser (J) & Co (1). 1. % % THEN ghareholders were added to the list 3 Comwlth & Sou(30c) 265 1 '« Kelly-Spring Tire 9 1w 1 I+ h " 949 NINTH ST, NW. | HE S FOR SAFETY Saturdavs Until Noon NAtional 1381 B, F. SAUL CO. New A. T. & T. Stock Record. bk bd = 5 =] m R g e 0 apainst 3,701 last two weeks of Novem- Comwlth&Sou pf (6) + —_ — UNDER SUPERVISION OF U.S TREASURY} ber and. 4,496 first half of November., % 10 Conde Nast Pubyaess ¥ d (Caontinued on PDGG“’-'