Evening Star Newspaper, January 20, 1932, Page 13

FIN ANCIAL. ENING RIGES BANK RATED | 8THINSIZEINU.S. American Banker Tabulates 100 Largest Institutions in America. BY EDWARD C. The annual tabluation largest banks in the United States,” ex- clusive of mutual savings banks, pub- Nshed today in the American Banker, | shows that one Washington bank is| represented this Llr among the 100 gest _institutions United This is Riggs National, which ranks No. 88, with deposits of $54,054,229, Rob- ert V. Fleming, president. Deposits of the 100 greatest banks in the United B States total 750,524,000, December 31, representing about 37 per cent of the bank deposits in the country. Capi- tal funds of the 100 largest bank year total $1,356,615,500. Surplus and undivided profits total $1,836.476.400 These deposits are $3.400,000.000 Jess than the total for the 100 st | in 1930, when the 100 banks on the| American Banker roll call showed S 158,278,000 in deposits credit, withdrawal of and hoarding has caused th: in the bank deposits. As soon pects of business profits again are at- tractive, bank deposits will quickly, according to the Amer Banker, as hoarded money flows back to the banks, bank credit is extended to deposttors and business picks up Chase National Heads List. Pirst_on the list s the Chase Na- tional Bank, which won that position in 1930, after merger of Equitable “Trust Co. gave it a lead of $600,000.000 in deposits over National City Bank Chase this year is the largest bank in the world, with deposits of $1459,- 114,000. Second on the list is the Na- tional City Bank of New York, with deposits of $1,418.702,000. As compared with the totals of the | British “big five” banks, the deposits of the great American banks are veritably gigantic. The deposit total of the| British “big five,” at their current v ues in American dollars in all is § 363,041,000 There are 33 cities in which banks now rank in the 100 largest of country. This is the widest distribu- tion of such banks in history. Scranton, Washington, Toledo and Akron are new cities on this year's list. No. 100, the smallest bank on the list this gear, is the City Bank Farmers' Trust Co. of New York City, with deposits of $46,- 830,000. ! Bank Adds Twe Directors. | At the annual meeting of the stock- holders of the American Security & Trust Co. yesterday two additions were | made to the board—Maj. Gist Blair and S. Percy Thompson, president of the W A Pierce Co. The other directors elected include C. A. Aspinwall, Harry K. Boss, George W. Brown, Charles A Carry, Willlam M. Coates, William S by, WlIAlm W. Everett, William J. Flather, jr.; M. G. Gibbs, James M Green, Gilbert H. Grosvenor, J. Philip Herrmann, James F. Hood, Joseph Leiter, G. Percy McGlue, William Mont- gomery, Howard Moran, Clarence F. Norment, Newbold Noyes, Howard S. Reeside, John Saul, James F. Shea, Cnrm’!n ‘Thom, Benjamin W. Thoron, F. Wikins and Gecrge A. G. 100 in the States. Robert V. Fleming. this reduction wing officers: Corcoran Thor ) Howard Moran, vice p Prede ck P. H. Siddons, E. Howe, treasurer; D Houston, trust officer; William L. real estate officer; J. Dann Fal ditor: Albert H. Shillington and Robert L. Flather, assistant sccretaries; T. Stanley Holland, Arthur G. Nichols, J. Eliot Moran and Earl G. Jonscher, as- sistant trust officers; William W. Keck, | Hans W. Ireland, ‘Percy C. Brady, Jemes C. Dulin, jr.: Edward E Richard E. Harrls, Harry P. W Charles C. Bosweli, assistant treasurers. | John Seul, a director, was added to the Advisory Board of Branches, which follows: John M. Beane, William E. Bradley, Joseph P. Burke, Alexander S Clarke, Charles R. Denny, John E Geler, M. G. Gibbs, Charies M. Ham- mett, L. A. Herman, J. Philip Herr- mann, Frank A. Johnson, Charles Kat- telmann, G. Percy McGlue, Willam Mil- Jer, Howard Moran, James C. Nelon, M Frank Ruppert, James F. Shea, Alexander J. Taylor, Henry Wahl, George M. Yeatman and John Saul. Cooper Commercial President. All officers of Commercial Bank were re-elected at th Tate's annual meeting of ori yesterday. They are Wade H President; James B. Reynolds H. Baden, Laurence A. Slaughter ter J. Harrison, vice president erick H. Cox, cashier; Bates Wa; general counsel; Ralph D. Q@ officer; Herbert V. Hunt, T. Dlack Smith, M. F. Showalter, R Chaney, Nathan B. Scott, Winfree, assistant cashier: bour, assistant trust officer. Directors re-elected at the meeting of Mount Vernon Saving Bank yesterday were James H. Baden, | G. M. Bugniazet, E. C. Davison, Charles | B. Ford, Harry W. Hahn, Pred Hewitt, | Robert T. Highfield, William H. John- | ston, Dr. E. P. Koss, Frank W. Lee,| Wal- Fred- | rren, | William Muehletson, H. Glenn Phelps, | Arthur O. Wharton, Claude H. Wood- ward, R. C. Zantzinger { Al! directors and offic curity Storage Co. were follows Directors, C. A. Aspinwall, W. 8. Corby, Willlam J. Flather, C. F. | Norment, Corcoran Thom Officers, C. A. Aspinwall, president. C. W. Pim- per, vice president and treasurer; | Charles P. Ravenburg, secretary me]‘ Alvey, assistant secretary; Helen Howi- son, assistant treasurer. Trading on D. C. Potomac Elect 512 ferred stock cpened t Washington. Stock seling At 10314 Later 10 mote res c at the same price Washington Gas 6s, series A, came out two $1,000 transfers 100, while $1.000 Capital Traction 5s moved at 60. Mergenthaler Linotype appeared on the board today, two small lots chang- | nds et 51, a gain over the last| jous sale, Thrift Week Plans Pushed Here. Paul D. Sleeper, chairman o nce Day Committee cf the ct | Underwriters' Association, announces | that the jnsurance leaders of Washing- ton will have a breakfast at 8 am. to- morrow at the Hay-Adams House in connection with Thrift Week Insurance day. which is tomorrow The Washington aesociation has sent announcements and Life Insurance day material o all the banks, schools, churches and Boy Scouts in Washing- | ton and coples of circular letters Jan- | uary 13 and 16, coples of which were sent to all life insurance officers in this city, further describing actlvities to date. New Agents Appointed Here. ‘The M efit Health & Acci-| dent iation of Omaha has an- nounced the appointment of William Gaines Lipscomb and Horace F. Ashton as district managers for the association of the Se-| re-elected as| Exchange. | per cent pre- ding on the change today, ual Ben in Washington with offices in the Barr Building. Messrs. Lipscomb ahd Ash- ton, trading as Lipscomb & Ashton, are ( Continued on Fourteenth Page.) NEW YORK STOCK EXCHANGE Recelved by Private Wire Direct to The Star Ofice. Stocks -u I8 100-share lots exeeps thove desigmated by letier 2" 8a. Mot Btock and tes— Adg 00. High. Low. Clote Cbee. 2% 2 Hahn Dept Stor: Hahn Dpt St pf(634) Hanna of (7).. Hawailan Pineapple. Hershey Choc of (15 Homestake M (7.80) x Houston Ofl. .. Houston Oil (new) Howe Sound (2).... 4« Hudsomn & Man (3%4) iludson Man pf (5) Hudson Motor (1)... fluop Motors Dividend Rate. Abitibl Pwr & Paper 2% Adams Expresa Adams Millis (3) Alr Reduction(ve B Alaska Juneau (50¢) Allegany Corp... Alleg Cp pf $30 ww. . Allegheny Steel..... 14! Allled Cheuical (8). Aliis-Chal:iers(50¢) Am Can Co Th). ... Am Car & Foundry... Am Car & Fy pf (1) Am Chicle (t3)..... Am FEuropean Secur. Am & For Pow: Am & For Pwr 2d nf. Am Home Prod ¢.2€. Am Jee (2).. Am International Am Locomotive Am Mch & Fdy 1.40 Am Mach & Metals Am Pwr & Lt (11).. Am Radiator (60¢).. Am Repubiies. ..... Am Rolling Mills. Am \1!&"(&1«50(1 Am Snuff (13%) . Am Solv & Chemical. Am Solv & Chem pf. Am Steel Foundry... Am Steel Fdry pf(1) 9% Am Stores (1234) 2 34y R 31 Amer Sugar (4). 2 = Am Sugar Ref pf (1) 7 : e Am Tel & Telex (3).. wn m-. + Ll Am Tobacco (5)..... b 7 34 Am Tobacco B (5)... 39 TM‘( 7 + 45 6% Am Tobacco pf (6 7 % Am Water Wks ( 2 28 Am Woolen Co. + Am Wool Co pf b 23 E: 5 10 Anaconda Cop rer . b's Armour of 111 (A). 3 ® 6 Armour of 111 (B) ¥ b 98 Atch To & San Fe(6) B8y 1% Atch To&S Fe pf (6). 2 56 5 At Guif&West Ind., 10 Atlantic Refining 1) Art Metal (40c). . 7 A Auburn Auto (£4). Aviation Corp (Del). 4% baldwin Locomotive Baldwin Loco pf. 26% 25 Baltimore & Ohlo 18% Barnsdall Corp' 4 Belg N R pt pf t4.51. Bendix Aviation (1). Best & Co (3) . Bethlehem 8 7). Blaw Knox (50¢).... Sohn Alumn (1%).. Borden Co (3)....... Borg Warner (1). Briggs Mfg (1) Brockway Mot Trk Biklyn-Man Tran (4) Eklyn Union Gas (§) Bucyrus-Erfe....... Bucyrus-Lrie ov pf Budd (EG) Mfg.... Budd Wheel 3 Burr Add Mch (1)... Bush Terminal(2%) Butte Copper & Zino. 07% Ryers (A M) Co % Callasan Zinc & Ld 3 Calumet & Hecla. &% Camp W&C Fdy (1). 10% Canada Dry (1.20)... 10% Canadlan Pacifie 1% 33% Case (J 1) Co. B3 Case (J 1) pf (1).... 104 Caterpillar Trac (2). 69' Cent RROINJ..... 214 Century Rib Mills... 94 Cerro de Pasco (1).. 2 Certain-teed Prod 25% Ches & Ohi0 (2%) 13% Chesapeake Corp( 215 Chi Great Western. . 714 Chbi Great Westn pf. 114 Chi Mi] StP & Pac... 215 "hi Mil StP & Pac pf, 5 Chic & Northwstn 314 Chi Poeu Tool.. 6% Chi Pneu Tuol pf. 7% Chicago R 1&Pacil 104 Chi R 1 & Pac 6% pf. 8 Chicago Yellow C(2) 11% Chrysler Corp (1). .. 2% City Ice&Fuel (3.60) 1 City Stores, 2844-r8% Clark Equipment(1)s 9714 Cucon-Cola (1) .4 454 Coea-Cola (A) (3) 118 Columb GAEI(b1%). 72t Col Gas&E) ptf A (6). 32 Columbia Carbon (3) & Comm Credit (1.60) 19% Comcl Credit A (3). 15 Comel Cred pf B (2). 154 Comcl Inv Trust (2) 6% Comcl Solvents (1).. 3 Comwlth & Sou(30e) 46 Comwlth&Sou pf (§) 42 Comsol Cgr vr pf 6%, 3% Conrol Film = 9% 67% Consol Gas N Y (4).. e 88 Consol Gan NY pf($) 1 92 2 B wl 75 % Conso) Textlle 5815 16% Otls Elevator (3%). 1 CoptliBaking 16% 3% Otis Steel. % Contl Baking (B) 39% 20 Owens 11 G % 30w Contl Can (1) T4's 20% Uacific Gas & EI (2). 16 314 Cont Diamond Fibri 69'4 35 Pacific Lighting (3). x 10 18 Con’. Insur (2 40) 131% 934 Pacific Tel&Teleg(7) 1908 413 Contl 1l (Del). 11% 3% Packard Motor (40¢) 7 % Cont) Share: = 5s Par-Pub (b10% stk). €5 364 Corn Products (3). 3 1' Pathe Exchangs (A) 1 274 Coty Inc 7 1 2 Prerless .\\_n Car.. 1 1's Crown Zellerback... y 22 Penick & Ford (1)... 3 20 Crucible Steel. ..... 268 Penney (J C) (240). 23 367 Crucible Steel of (1) 79% Penney (JC) DT A (6) 2 29 Cudahy Packing (4). 215 Penn Dixie Cmtpt.. 1 20 Curtis Publish (4).. 164 Penna Rallroad (1).. 54 70 Curtis Publish pf (1) 107 Peoples Gas(Chi)(8) 4 Pere Marquette Ry, . b 1 Curtiss Wrignt. 1% Curtls Wright (4). 815 Pere Marquette prpf 108 7 tler Hamm 2% Petrol Corp of Am. 5% Phelps Dodge Co SUsbwrire) 24 Phiin&Readine C & I 4 Phillips Petroleum Plerce Fetroleum Pitts Steel pf ..., Pitts United Corp. Poor & Co (B) . Port Ric Am Tob(A). 5 illinols Cent 11 (4) Indust Ravon (4) . ingersoll Rand (4) Inspiration Copper. interboro Rap Tra Int Bus Machine( Int Combustion. (nt Harvester (2%). Int Hydro E1 A (e2). Int Match pf (4). nt Merchant Marine. Int Nickel of Can 20e Int Nick can pf (T).. Int Paper & Pwr (B) (nt Paper & Pwr C... Int Paper & Pwr pf Int Salt (3) Int Tel & Teleg Investors Equity. ... Island Cr'k Coal (3) . Jewel Tea (4) . s Johns-Manville (1), Jones & Laugh pf(7) iKansas City Southn. Karstadt (Rudolph). K'mann Dept Strs(1} Kelly-Spring Tir 148 Kennecott Copp Kinney (G R) Co. .. Kresge (S §) (1.60). Kress (SH) Co (j1). x « Kreuger & Toll 1.61). 1215 Krorer Grocery (1) 40 Lambert Co (8. Lehman Corp (2.40 Lehn & Fink (3 Libbey Owens Glasi Liggett & Myers(16) Ligg & Myers B (15) Liquid Carbonie (2).x Loew’s, Ine (14). Loft Inc. Loose-Wiles (vl) Lorillard (P) ( 2% ™ FEEFFESTEEE 7 5 B e N R RN AR A e PN I RB BN A \‘h'Kesson& Robbing McKes&Rob pfi3%) Mack Trucks (1) Macy (RH)& Co(n! ManhatElev mod gtd Marine Midld (120). Ma 1 Fleld (2%) Mathieson Alkill (2) May Dept Stre (2%) Muytag Co. Mid Continent Petm, Minn Moline Pow. ... " Mo Kan & Tex Mo Kans & Tex Missouri Paeific. . Missour! Pacific pf Mohawk Carpet. Monsanto Chem (1% ) Montgomery Ward. . Mother Lode. Motor Wheel (50e) Mullins Mfg. Murrav Corp 15 Nash Motors (3). 12% Nash Chat & St L - B wow S e San Nat Surety (2). Nat Tea (1).. Nev Con Cop (400). Newport Industries. »3 PHOPNS -+ SO n\estora {¥.N H & Hartford Ont & Western Shipbuflding. ... N Y Steam 1st pf(7). Noranda Mines (2).. Norf & Westn (112), North Am Aviation. Nor Amer(b10%stk) North Amer pf (3). 145 Northern Pacific 3). . 54 Ohlo O11 = % Oliver Farm Bquip. . 4% Orpheum Circuit pf. - s T A 6074 » 3 s5 Dominion Stores vx-‘ 10% Dresser Mfg B (2). 11t 42% Drug Corp (4). 3 63 50% Dupont de Nem (¢) 564 94 DuPontdeNpf(6).. 2 1004 100% Prairie Ol & Gas, % Fastern Roll M1l 1 3% 3y v % 5% Prairie Pipe Line 7 Eastman Kodak ( 861 83 1% Proct & Gaml /2.40) Eitington-Schild. .. Pro & Refiners. Eftington-Schild pf. Public Sve NJ(3.40). Elec Auto Lite (4)... Public Sve NJ pf (5) 110 Elec Auto-Lite pf(7) Public Sve NJ pf (6) 4% Electric Boat. . . 97 Elec&Musical Instru c Pwr & Lt (1), Elec Pwr & Lt p(§). F:lec Pwr&Lt pf (1) .. E'ec Storage Bat (4). P Eng Pub Sve pf (6).. 60t Radio (‘orrpf (B). Hail Keith-O(new) 2 Y ding Ry Co (2) e ] “ Real Silk Hosiery. 108 Remington- Kand et Rem Rand 1st pf o4 Reo Motor Republic Stee!. Republic Steel Df Reynolds Tob A (3). Reynolds Tob B (3). rande Ofl. . Ins of Am . Dutchof NY.. S Fashion Park Asso Fed Lt & Trac pf (6) Fed Water Service A Fid Ph Fire In(2.60). First Natl Strs (2%) Fisk Rubber Florsheim (A) (1%) Foster- Wheeler . Fourth Nat Iny (1.10° 2 Fox Film (A). . 134 Freeport-Tex ( 508 5 EAAENNORE AN BROR e afeway Stores (5) . Safeway Stra pf (7). St Joseph Lead (60¢) StL-San Francisco 4 StL-San Fran pf. Seaboard Alr Line. Seahoard Ofl. Sears Roebuck au). Servel Inc. Sharp & Dohme Shattuck (F G) (1).. Shell Trading & Tran shell Unton Of1 Shell Union O11 pf. Shubert Theaters. .. Simmons Co. ... ...+ Sinolair Consol Of Skelly Ofl of ww.... Sloss-Sheff Steel pf. Snider Packing Socony-Vacuum (1). Solv Am pf ww(b¥). South Port Rico 8ug. Sonthn Cal Ed (2). Southern acific (6) 5 Ganewell Co(3). 28 Gen Am Tank Car(4) 9% Gen Asphalt (2). 9's Gen Baking (2). 95 Gen Baking pf (8). Gen Bronze ... 215 Gen Cable (A). Gen Cable pf.. Gen Clgar (4). . Gen Electric (160).. Gen Elec spec (6c). Gen Food Corp (3) Gen G&E A (b6 % stk) Gen Mills (3)... Gen Motors (¥) Gen Public Service Gen Ry Signal (5). Gen Realty & Util, Gen Realty & Utll pf, Gen Theatre Equip, Gillette Saf Rasor. .. Gillstte Saf R pf (5). Gimbel Bros. Gobel (Adolf Gold Dust (1% ). Goodrich (B F). Goodrich (RF) of... PU+H1 4004 1 ="y Frrsessres ¥ Land Brands pf (7). Stand Gas& Bl (3% Stand Gas&E! of (4) Stand Invest Corp. .. Stand O11 of Cal(2%) Stand Oi1 Exp pf (5) Stand Ofl of Kansa Stand O11 NJ (12). Sterling Secur (A) Sterling Secur cv pf. R PPl 8 ) R TRy Goodyear Gotham Graham Pajge. ... Granby Consol (50 Grand Silver Store: Grand (nion. .. Grant (W T) (1).... 16% Great Northern pf(1) 10 Great Northn Ore(3) 1 Grigsby Grunow. ... a5 * WASHINGTON, D. o el UL+ C.., WEDNESDAY, JANUARY 20, 1932. STEADINESS SHOWN | [Waskington Produce BY STOCKS' PRICES Buying Appears Better Than Selling in Dull Market Session. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, January 20.—In trading that was still more dull than that of the preceding session, the stock market today manifested an encouraging de- gree of steadiness. It took minute in- ufiectim to determine any trend, but e indications were that the buying was better than the seling. Among the few features of the morning operations were the relative strength in the tobacco shares, the sustained demand for Auburn Auto, & rise in American Woolen preferred, moderate pressure against General Electric, heaviness in some of the food stocks and irregularity in the merchan- dising issues. In none of these cases did the change go far enough to be of any great significance and yet it seemed that the market was trying to discrim- inate on the basis of the business re- ports actually at hand. Rallroad shares were firm, although the news from Chicago was as un- certain as ever. There was no anxiety about near-term railway defaults. Car loadings for the week were up over those of the preceding week, although the gain was less than seasonal. The December earning statements are due to appear shortly, but not much is hoped for from that source. In the face of all this, liquidation in the rail- way shares has dried up. Two or three good reports were issued. One was that of Public Service of New Jersey, which, despite a loss in gross in 1931, compared with 1930, was able to show a gain in net. Another was that of National Biscuit, where the point of interest was found in the balance sheet. Even listing under current liabilities reserves for taxes and dividends payable, the cash item on the asset side alone was almost twice the total of current debts. The Iron Age statement showed output for the country as a whole up to 28 per cent, against 25 per cent last week. No adequate explanation was given for the buying in American Woolen preferred. Among the guesses were progress on the recapitalization plan or an anticipated good showing in the an- nual statement. Traders in the to- baccos seemed to.have overcome their fright over prospective taxation in- creases. The two issues in favor toda; were Liggett & Myers and American Tobacco. United States Steel opened over a point higher, but lost part of the gain. Short covering heiped J. 1. Case. Allied Chemical and American Can were in good demand. Call money renewed at 214 per cent, but was not in &s good supply as on Tuesday. Trade Trends By the Associated Press. Cotton Cloth—Last week's mill sales were the largest for several months, the New York Cotton Exchange Service re- Distributors and _consumers bought freely on numerous lines of both unfinished and finished goods, Wwith deliveries of some contracts running through the second quarter. The sales were believed to be in excess of produc- tion. Leather —The New York Hide Ex- change, Inc., reports total stocks of cattle hide leathers in all hands on November 30 at 7,302,000 pieces, a de- cline of 7.6 per cent from November, 1930. Statistics released by the ex- change reflect an increase of 4.2 per cent in the consumption of leather dur- ing the first 11 months of 1931, against the same period in 1930. Manufactured and Natural Gas.— Sales of manufactured gas reported for November totaled 28,361,647,000 cubic feet, a decrease of 6.4 per cent from 1930, according to the American Gas Association. November natural gas sales for industrial purposes totaled 16,822,- 902,000 cubic feet, a decrease of 9 per cent from 1930. Clothing.—In a special survey, Dunns says there were 637,566 fewer suits for men and boys made in 1931 than in 1930. In overcoats the number made in 1931 was 64,000 under the total of the preceding _esr. In general 1931 was a trying year for the trade, due to unseasonable Fall and Winter weather. Dollar volume of sales declined about 10 per cent from the 1930 level. Steel—Ingot production this week may be forecast at 35 per cent of capacity representing a 2 points rise in a week and 5 points rise in a fort- night, says the American Metal Market. Producers expect some further seasonal improvement within the next 30 days and have hopes of further and gradual improvement during the second quarter. FREIGHT LOADINGS DROP, Revenue freight loadings for the week ended January 9, totaled 572,504 cars, a statement today from the American Railway Association said. This was 140,924 below the same week in 1931, and 289,957 cars under the same period two years ago. CONFIRMATION DEI.AYED NEW YORK, January 20 (4).—Local glass and china ware selling agents re- port hesitancy on the part of stores in confirming tentative orders placed by their buyers last week at the Pl!tsblfllh show. To date only a few of the re- tallers have confirmed such orders, ac- cording to gossip in the trade. TREASURY STATEMENT Treasury receipts lur January 18 were $8,151,424.74; expenditures, $11,624,- t'g 1 o tball{ncewsgflz ,484,068.85. ' Cus- ms duties for ays of Ve R ey ys of January were CLEAKING HOUSE FIGURES. ‘Washington Clearing Hol today: $3,935,860.65. 8 e e BAR SILVER QUOTATION. NEW YORK, January 20 (#)—; sllver quiet and unchanxed at 2913, 2 NEW YORK BANK STOCKS NEW YORK, January 20 (#)— & BANKS, Bid Asked. ERAL° pheiy Y i 3 TRUST COMPANIES, Bankers 3 Regular Delivery Over 100,000 families read The Star every day. The great ma- Jority have' the paper delivered regularly every evening and Sun- day morning at a cost of 1ly cents daily and 5 cents Sunday, Butter—One-pound prints, 29; tub, 28. Hennery, 16al7; current re- cel] 14a16. ltry, alive—Turkeys, old toms, 18a 20; young toms and hens, 22a25; chick- ens, 3 pounds and over, 17al! 2, pounds, 18a20; broilers, 11 pounds, 18a20; hens, large, small, 13al5; Leghorn hens, roosters, 11; keats, young, 40a45; old, 25a35. Poultry, dressed—Turkeys, old toms, 23a25; young toms and hens, 25a28; chickens, 3 pounds and over, 20a22; 2 to 2* pounds, a25; broilers, 1% to 2 pounds, 23a25; hens, large, 20a23; small, 16a13; Leghorn hens, 15al7; ggosurs, 14; keats, young, 60a70; old, Meats—Beef, prime, 16; 004, 1213a13; cow, 9%al0; lamb, top, 13; medium, 12; veal, t~p, 14; medium, 13; pork loins, 12; fresh hams, 8 to 10 pounds, 12; 18 to pounds, 19; smoked hams, 16a17; strip bacon, 16al7; lard, 80-pound tins, 8'z; package, 9; com- pounds, 7a7’ Live stock- ogs, light and medium, 460, heavy, 4.00a425; pigs, 4.00a 4.50; roughs, 2.0023.00, calves, 4.00a 8.50; lambs, 4.00a6.50. Fruits — Strawoerrles, pints, 10a12; quarts, 25; apples, bushcl baskels, 50a1.00; fancy box stock 2.50; oranges, Florida, 3.00a3. California, 3.75a4.00; grapefruit, 2.25a3.25; pears, 3.50a4.00; pineapples, 3.00; grapes, Emperors, kegs, ©.00a5.50; lemons, 3.50a5.50; tangerines, 1.25a1.75; kumquats, 13.00; choice, 15; Vegetables — Potatoes sacks, 1.25; Idaho baker: 650125, tomatoes, 3-f riers, repacks, 2.00a250, 6.00; string beans, 2.0084.00; broccoli, '2.00a2.50; Texas, 1.00; home grown, 50a7>; Kale, 50a60; watercress, 1.50; lettuce, berg, '3.50a4.25; caulifiower, squash, 2.00a4.00; m beets, crates, 2.50a2 4.00; cucumbers, .0082.50; celery, 3.00a3.75 50 - pound sacks, 190 200 onions, per dozen bunches, 24; salsify, d%floen bunlches 80; artichokes, 4.50a 5.00; parsnips, 1.50; cabbage, old, 7581.00. gL spinach, hrooms, . car) 4.00a4.50 65a1.00; is, crates, onions, Spring . MONTREAL OFFEBS*BOHDS. MONTREAL, January 20 (#).—For- mal offering of City of Montreal's $15,- 226,000 bond issue was made yesterday. The bonds bear interest at the rate of 6 per cent and are two maturities, $3,- 777,000 falling due in four years, on December 15, 1935, and the balance, $11,456,000, due in 10 years, maturing December 15, 1941. Both issues are being offered at 100 and accrued inter- est to yield the investor a return of 6 per cent. Bank Declares Dividend. BUDAPEST, Hungary, January 20 () —The Board of Directors of the Hunganian National Bank reported net earnings of 8,739.000 pengoes (abou $1,520,000) in 1931 and recommended distribution of a 12 per cent dividend, the same as last year. First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company. Inc. LIFE INSURANCE DAY $10,000 TEN THOUSAND DOLLARS OR YOUR MONEY BACK Send Date of Birth for Hlustration. M. LEROY GOFF 1036 Woodward Building Nat. 0340 Insurance Exclusively Over 20 Years ANNIJAL H.ZPORT " DISTRICT AG‘NCY Co. r Ending Dec. 31. We, lhl -rend:m and a mn]ofllv of the board of trustees of the District Agency Co. of the District of Columbia. do hereby cnruly that the lu!horlled c-lmul stock of c o ilities. 3370391 oLLnEno Bresident 11 URRY T Max Vellbcrl Dresident of the District Agtngs < Greby swear that the, Tacis piated in &-ggu ctrl.)?‘rl ¢ o7y true to the e best of my kpoX b PSR, President subscribed A s'orn P aktore: methis 19th January. B8y ©f AR A LosA 0., Notary_Public. ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. and Indiana Ave. N.W. @7th Serles of Stock Now Open for Subseription 59, INTEREST PAID ON STOCK James E Connelly, James F. Shea President Secretary }A Profitable Investment| [ for Everyone | 6 q Yield Guaranty | (0] First Mortgage Securities —are the very highest type in- vestment with absolute safety of principal and income. Let us send you a Jist of our Current offerings Denominations as low as $100 nthly Payments if Desired send" Tor " Bookiet, “Tne $uccess Plan REALESTATE MORTGAGE & GUARANTY CORPORATION | 1610 K St. N.W. National 1403 SAVINGS SAVINGS ACCOUNTS Opened at this Institution at 5% Interest GROW RAPIDLY Jibraush recular. wrstemalc Teposiis. Bart today with S1. . . . Open Daily 9 to 5 Saturdays Until Noon NATIONAL PERMANENT] If you are not taking advantage of this lar service at tbllul.:w , &’ e National 5000 now and service will start tomorrow, BUILDING ASSOCIATION 949 NINTH ST, NW. UNDER SUPERVISION OF U.3'TREAS! Tee- | 3.50a4.25; eggplant, | FINANCIAL. A—13 pmnmnely 14 per cent less than for November, 1! Sales of mnnufu:tured gas npor\ed | for November total 28,361,647,000 |GAS UTILITIES’ INCOME LOWER IN NOVEMBEW® ERE e cublc feet, a d-cum u 6.4 per cent, vhile natural gas sales for the month Special Dispatch to The Star, \ were 54,953,333,000 cubic feet, a drop of L L] NEW YORK, January 20—Revenues\ nearly 10 per cent. Natural gas sale of manufactured and natural gas utili- } for industrial purposes declined 1mn§ ties aggregated $52909.372 in Novem- | 1§.466,767,000 cubic feet in November, ;‘:;:;,‘::i’i“ox‘“ e et ;’Q'[ 3930, fo 10822 902,000 cubi et in Not Sording to reports 0 the statistical de- | 3\ Tt wenp " » 4FOP of 3PP . partment of the American Gas Assock mon] ’tll;om mmpl{mes representing e nearly 90 per cent of the utility distri- | . ; bution of manufactured and natural | Business Failures. B\isiness failures in the week ended gas. | The manufactured gas companies re- | jannary 14 numbered 751, against 725 in th> preceding week and 783 in the ported revenues of $31,158,738 for No- vember, a drop of 4 per cent fram a same {week last year, according to Brad- streets. year ago while revenues of the natural gas concerns totaled $21,750,634, or ap- | ALL or the greater part. of your investment funds should be 6570 placed in First Trust Note for safety—and the high- est yield consistent with a conservative invest- ment. Wm H. Saunders Co. ember Washington Real Estate Boar 1519 K St. .\L\\ Established 1887 Interest Semi-Annually Diist. 1015 xgnmmfimmunmnmuummmunnnmnmuum|ummmmmunmnmmummmmmmnumlm Organized 1879 52nd YEAR COMPLETED Equitable Co-Operative Bldg. Ass’n JOHN JOY EDSON, President WALTER S. PRATT, Jr, Secretary ,124,601.00 Subscriptions fot tie IIJan luu of Stock Being Received Achieve Success Through Systematic Saving ‘Thousands today enjoy prosperity because they ndn the systematic saving plan of the Equi- ‘Whether you are saving for a home, your chud-un education, or for a future business, start right now to make your dream a reality. Come in and talk it over 915 F St. DON’T HOPE — KNOW It's so much safer to make an in- vestment where you know. exactly what the return is to be. Such is the case in our 69, FIRST MORTGAGES Over & Third gl You will receive an uninterrupted % throughout the life of . the mortgage; and at its maturity the Century income of 6 Without a Loii principal will be returned intact. 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 |N 1931, DELIVERED MATURITY CHECKS o Hs clients totaling IN 1931, ITS RESOURCES increased $7,836,- 102 to a total (es of December 31) dm,é“,”a.- CAPITAL, SURPLUS AND RESERVES in- @oused $986,185 in same period to a total of $6,192,678.4 INVESTORS SYNDICATE - 3,699,546, 210,000 INVISTORS ] = j s ;lNVESTORS SYNDICATE: O ANRERGION, D. . Tolophone, Metropelien 1979 FOUNDED