Evening Star Newspaper, February 4, 1932, Page 13

FINANCILAL. BUILDING VOLUME SHOWS EXPANSION Value of 1931 Operations Is t Smaller Than in 1930 for f Fifth District. BY EDWARD C. STONE. permits issued in 32 leading e fifth Federal reserve dis- trict in December, 1831 ered 1,826, a higher number than 1 1 per- es for De- 7 ] totaled 039,03 only a decrease - urd in De- 1930, of the 32 ing cities wed higher ures for Decem! than for De- Charles H. Doing. 1 in proportion to popu- | > largest es, Balti- | gton and Richmond, re- low figur Dur permits issued in 3 des totaled 34.484, compared | 35.091 permits issued permits in 1 figures last \ rday Doing Heads D Program Planners $1,424.6( Treasury Changes Bond Ruies. Increas the declin Bonds Hold Exchange Interest k EX-| les were | issues Stacks sold 1831 High. Low. Y 1214 iy 14 % 10 64 100 104 3 124 1313 By 115 204 304 7% 6 18 4816 | 2018 1280, | 1328 RO% 1M 40 s, 450 Iy 15 14 1% 13% 1243 94 1858 10 B ] NEW YORK STOCK EXCHANGE THE EVENING STAR, WASHINGTON, Recelved by Private Wire Direct to The Star Ofne, in 100-share lots exeet tho Stock and Sales— Divigend Rate. Add 00. Hi Abitibl Pwr & Paper. Adams Express. . Affiliated prod 1.60. . Afr Reduction(t4%). 2 Alaska Juneau (50c), 38 Alleghany Corp..... 3 Alleg Cp pf $30 ww. 1 Alleg Cppf $40 ww.y 1 Allegheny Steel 108 Allied Chemical (6)., 25 Allied Chem pf (7). . 1 Allis-Chalmers(50c) Am Agri Chem(Del), Am Bank Note (2).. Am Br Shoe (1.60).. Am Can Co (15) Am Can Co pf (7 Am Car & Fdy pf (1) Am Chicle (3)...... Am Comel Alcohol Am European Secur. Am & For Power.... e Pwr pf(6) . or T 3 *ship (1), rnational, Locomotive Locomot pe(7). . Am Mch & Fdy 1.40 Am Metals pf Am Pwr & Lt (31) AmP &Lt pf A (5) Am Radiator (40 Am Rolling Mills Am Smit & Rfx(50¢) 18 Am Snuff pt (6) olv & Chemical. A Am Am Tolacco B (16). Am Water Wks (2) Am Woolen Co Am Woolen Co pf. Am Zine & T Anaconda C Anchor Cap ( 40) mour of Del pf rof 111 (A) ur of 111 (B) rofillpf,.. “onstable ssociated D teh San ¥ 1158 408 Auto (f4) Nichols A 1% Del) A A A \ A A A \ A A A A A Aviation Cor Baldwin Lo Baldwin Loc Haltimore & Ohio wlenea @B sapeake Cory Great West S N Corp ( res (A t Peahody ( -Cola (18 i Palm P pf (6).. ins & Alkmar s & Akt mhia G&FI(b1 bia Carbon ( Trust ( ny ey plies). nts (1) Curtiss Wright Curtis Wright (A) Teere & Ca pf (1.40). Delaware & Hud (2). o Lack & W. r&RG WDt Edison (8)., slas Aireraft (1) Corp (4) Dunhiil Internatl. .. Dupont de Nem (4) .. Dupont de N pf (6) Iastman Kodak (t8) Spr ifc. child ington-Schild pf. ec Auto Lite (4). fusical Instru lec Pwr & Lt (1)...2325, o Pwr & LUpf(T). ec Storage Bat (1) {1k Horn Con ndicott-Joh irie R Exchange Bu Fairh ks-Morse Fed Water Service A 1d I'h Fire In(2.60). ircstone T&R pf(6) Fisk Rubber........ Fisk Rubber 1st pf.. 1208 sster-Wheeler..... & 1 108 3 24 4 13% desigmated by letter “s.” Net Low. Close Chas 2y = 4 13% 50 15% 2 5T 64 12 68 1% 1981 High 46 42 694 6re 3Tl 30% 9% 19% 42 1033 12% 4 €0ty 1434 al 200 13 295 217 93 11 90% 1075 607 9% 5815 54 £9's 131% 1% 504 2% £ 155 44 64 250 5 174 10% 5613 124 27 55 60 4 294 97hy 307y 20 13 19% 104 Low, 21 24 16% 1 4 22 1% 1 84 68 704 10% 81 B2's 5% s 118 264 o ™ 3 [ 21 105 9 11 80 0 14'5 bl 164 295 35 93% 3% by % 14 41 268 16% 107 4 9 30 2% 92 8T% 15k au 10% Bia 20 9% stock and Sales Diyidend Rate rand Union pf (3) Grant (WT) (1). Great Northern pf(2) Grigsby Grunow. Gulf States Steel. Tiackensack W (115) Hahn Dept Stores., .. Hall (W F) Printing Hawallan Pineapple Hershey Choe (6) Hershey Choc pt 15. . Holland Furnace (1) Homestake M (7.80). Houdallle Hershey . Household Fin pf 4.2( Houston Ofl Houston Ofl (new). . Howe Sound (2). ... Hudson & Man (3%) Hudson Man pf (5).. Hudson Motor (1). Hupp Motors 81 26% 20% Tt by 21 None R0 s » B e - Ll L Tinels Tndust Rayon (4). .. Ingersoll Rand (3). Inland Steel (2). lon Copper. . Insur Sh(Md) (28¢). Interboro Rap Trans Interiake Iron Int Agriculture Int Agriculture pf (nt Bus Machine(n§) Int Carriers Ltd §0c Int Combustion. . ... Int Harvester (21) Int Harvester pf (1 Int Hydro E1 A (e2). Int Match pf (4). Int Nickel of Can 20e Int Nick Can pf (7) Int Paper & Pwr (C), Int Paper & Pwr pf. . Int Salt (3)...o..u,. Int Shoe (3). v Int Tel & Teleg (60c) Tewel Tea (4). . Tohns-Manville (1) Tohns-Manv pt (7) Jones & Laugh pf(7) = e 108 208 K'mann Dpt § Kayser (J)&Co (1), ielly-Spring Tire, Kelly-Spr T 6% pf.. 108 Kelly-Spr T 8% pt. 208 {elsey-Hayes Wheel 13 Selvinator Corp..... 14 11 Co pf (6) 208 ot Copper 50¢ 4 (1.60). 10 "0 (41) 1 Kreuger & Toll 1.61.. 91 Kroger Grocery (1) Lambert Co (8). tubber & Tire .eh Port Cement .eh Port Cmt pf (7 ehich Valley Coal high Valley R R sehman Corp (2.40). ehn & Fink (3) bey Owens Glass. e & Myers B ( Aly Tullp Cup (1 ink Belt (1.20) ew's Tne (14) it 1 A nose-Wiles (13) rd (P) (1.20) Lol Gas&ELA (1%). Lou'sville & Nash(4) eel McCall Corp (273) ... McCrory Stores McCrory Stores B McKeesport T P (4). McKesson & Robbins Mack Trucks (1). ... Macy (RH)& Co(nd), Magmn Coppersi0e) . Manhat F Manhat | Marine M Mathieson May Dept Strs (24) . Maytag Co Meiville Shoe (2) Mesta Machine (2) ATkl Mo Kan & Texas. ..., Mo Kan & Texas pf.. ri Pacific. ... { Pacific pf .. Monsunto Chem 134 Montgomery Ward Mator Products (2) Mullins Mfg M M or Nash Motc at Bella Hess Biscult (2.80). Nat (Cash Reg (A). Nat Dafry (260 t Dist Prod t Lead (§ tPwr & Lt (1 2t & Nat Tea (1) S Con Cop (40¢).. { Y Central 5 \ Y & Harlam (5)... Y Investors Y N H & Hartford. < & Western. . pbuilding 3 m Ed pf (6) Northern Pacifie (3). Ghio O11 Otis E Pacific Gas & BI (2) Pacific Lighting (3). Pacific Tel&Teleg Packard Motor (40c) Par-Pub (h10% stk). Pathe Exchange Pathe (&) Patino Mines X Penney (J C) (2.40). Penna Raliroad (2).. Peoples Gas Chi (8), Pere Marquette. Pet Milk. .. Petrol Corp of Am. Phila Co 6% pf (3). Phila & Read C & 1., Phillips Petroleum. Pierce 011 5 Pilisbury Flour (2) Pitts United pf... Port Ric Am Tob(A) Prairie Pipe Line Proct & Gamb (2.40) Proc & Gamb pf (5). Producers & Refin. . Public Sve NJ (3.40) Public §vc NT pf (6) Pub Sve G&RE Pull PureOfl.......... Purity Bakerias ( vator (2%4) Radio Corp. . . Radio Corp pf A 313. Radio Corp pt B. Radio-Kelth-Orph. .. Raybestos Man(1.60) Readi Reis (R) & Co 1st pf. Remington-Rand . Reo Motor Car (40¢). Republic Steel. . Reynolds Met (1%). Reynolds Tob B (3). Rio Grande Oil D. (., THURSDAY, FEBRUARY 4, 1973, fIiNANCIAL. 31 Net. Add 00. High. Low. Close. Chge + % k) K Y n ‘..|y A T i L | irregu + | quction_ of STOCKS ARE FIRM IN UPWARD TREND List Shows Improvement as | Selling Pressure Subsides. ! Trading Light. BY GEORGE T. HUGHES. Special Dispatch to The Star NEW YORK, February 4—Wrile | still very inactive, with fluctuations for the most part limited to fractions, the stock market gave a good account of itself today. The trend was upward | and there was a complete absence of | liquidating pressure Business was resumed on the ex- change today with no dividend meet- ings overhanging the market as vital as that of U. S. Steel or of General | Motors.- Action by the directors of | General Motors in cutting the rate from | a $3 to a 82 annual basis was about | what the Street had expected and had | been discounted in the price of the stock, which was fractionally higher | in the early trading. Even the omis- sion of dividend action by the Packard | board resulted in only a fractional de- cline in the price of that stock. It is becoming more evident that the market | is not likely Lereafter to be upset by | dlvidend reductions or omissions. | Low-Priced Issues Active. ! The low-priced stocks were favored in the morning trading. Active buying | of the local tractions made its appear- | ance. although there was mothing | strictly new in the situstion. It is be- | lieved that sooner or later &n upward | sent of fares must come Brooklyn, Manhattan Transit, Manhat- tan Modified Guaranteed, Interborough Transit and Third Avenue Rail- v were all up 1 to 2 points ocks of the grade of Kelvinator, Radio and American and Standa s was an exception, oft on the fourth-quarter earnings state- | ment showing net for the stock of 17| cents & share against 28 cents a share in the preceding quarter and 34 cents a share in the Same quarter & Year ago. but the decline was inconsiderable Continenta! Baking was strong in be- esponse to 1ts good showing ard industrials were dull but United States Steel opened & but made up the loss and | fore noon. Allied Chemical, | agrouse Electric and American Can more than held their own. Home- was strong on a declara- W regular monthly cents | s were unusually quiet dur- Arst half of the day Judging the comments heard 1 G the carrier stocks b t this does not seem to show pe. Probably those interested rails prefer to operate in the nd market at present Opening Prices Lower. The opening on the exchange was States Steel opened off 1 ¢ at 393, and General Motors at 21y and Packard Motors at 4'. were off " fractionally. Dividend revisions, | the dullness of overseas markets and rity foreign exchanges be- the market opening overshadowed Eastern developments. The re- General Motors dividend to $2 a year had been ex- | fore Far from $3 ™ | pected. though the omission of Packard + | declaration dividend was less certain. In ers the Atlas Powder regular had not been expected. | | Homestake Mining declared an extra | dividend of $1 | American Can at 60% lost . Alr| Reduction rose ', to_30'3. General | Electric at 19', and Bethlehem Steel at 17:, had slight declines. With the exception of International Nickel, early shares were at lower Service Corporation lost to 513, Consolidated Gas was down ':. American Tobacco B vielded 3, to 77. The two most active oils | standard” Ol of New Jersey at 2734 and Texas Corporation at 12, were each up % 1 pDuF‘.ln"s in the rail list were con- fined to fractions. Baltimore & Ohio was off 3, New York Central off 1, New Haven |, and Northern Pacific off 'x [ CLEARING HOUSE FIGURES. learing House figures 60.86. | Motors some qu Washington | for today: $3 Three Banks Closed. ‘ PITSBURGH. February 4 () —Three | banks—the First National of Pitcairn, the People's National of Pitcairn and | the First National of Trafford—failed 10 open vesterday. Their, deposits ap- proximate $1.600.000 Directors took the action to protect creditors | A notice posted on the doors said ne- | ions are under way whereby the | al Bank of Wilmerding may e sufficient assets of the closed banks to make available a substantial percentage of deposits to depositors soon. | B. J. Bleakley, national bank ex-| aminer, took charge of the closed in- stitutions | RAIL HEAD TO SPEAK. | BALTIMORE, February 4 (Special) —Danie] Willard, president of the Bal- | timore & Ohio Ralilroad, will address | a special meeting of the railroads rep- | resented in the Eastern presidents’ conference tonight at the Bankers' Club in New York. Mr. Willard, as chair- | man of the National Committee of Railroad Presidents, which negotiated a 10 per cent cut in wages, will make | a complete report of the conferences | | in Chicago. which lasted 17 days. Many details of the wage plan hitherto un- | known are expected to be made public. | | have inciuded a nd Northern Pacific each |, | & new sand of 100 feet below Felicitated LOCAL BANKER 55 YEARS WITH SAME INSTITUTION, WILLIAM J. FLATHER, Vice president of the Riggs Bank, was flooded with congratulations today on the fifty-fifth anniversary of | his connection with the same fnstitu- tion. It was on February 4, 1877, that Mr. Flather started at the very bottom of the banking ladder by entering the employ of Riggs & Co. as a messenger. He advanced rapidly and was still with the institution when ti inal com- pany became the Riggs National Bank back in 1896, with Charles C. Glover as president With the excepts vacations, which he land Spring Ho rendered the bank ice for these many never misses a day has played a most a bank's enviable grc witnessed man the whole fina last half cen Mr. Flather is con on matters pert although he has g of banking h and study. His business contacts and per- sonal friends during long serv host of men of n tional reputation as well as all the financial leaders his home city is 67 years the bealth and does OUTLO0K N TENAS. ummer as he almost e office. He e part in tr his QIS UNGERTAIN New Well and Possible End, to Martial Law Compli- cate Situation. By the Assoclated P: DALLAS, Tex. February 4—A new oil well In Central Texas, believed by scme to have tapped a new ofl pool; & 3-mile extension of the East field and the possibility that martial law enforcement of proration there ma: be lifted soon have given the oil in dustry an uncertain outlook in Texas. On January 31 C. C. Curtis of Mar- lin. driliing & well for the Dixieland Oll Syndicate on the J. Lee Davis tract, | 14 miles northwest pectedly encountere twc feet in the Geo: well was estimated by r 1,000 to 3,000 barrels dat ity oil Scouts and major company sentatives flocked to the new sit vestigate reports the new well had tapped the “mother pool” of a shall field in the vicinity whic producing oil for nearly 10 years The East Texas fleld was 3-mile extension January 29 ng in the Cranfill and Reynolds No. 1 Rash Estate, a wildcat miles north of Longview, in Apshur County. Drillers predicted it would produce 5.000 barrels daily of 34-gr oil. That gravity n of other of ex- , 35-grav- Tepre- ven a 7 n thi found in the region. and the depth of the hole, at 3,729 feet, with a surface elevation of 332 feet, seemed to indicate the know level of the Lat. ration and conserv the East Texas field chairman, sald the commission w enter orders governing the field only in the event martial law was lifted If Gov. Ross S. Sterling does not re. call the Guardsmen, such action ma be brought about by three Federal judges who recently heard an injunc- tion suit attacking martial law rule in the fleld and indicated by remarks in open court that the injunction would be granted East Texas flow for the week ended January 30 was 34 an increase of 12,56! the previous week U. S. TREASURY BALANCE. The United States Treasury balance, | announced today as of close of February 2, was $644,084,925 tems receipts for the month were $1874,29991. Total ordinary ex- penditures were $8,460,742.62 SILVER QUOTATI(;NS. NEW YORK, February 4 (#) —Bar silver steady and Y higher at 29%. Cu. Results from Classified Advertisements When you buy a railroad ticket you are not purchasing a piece of paper, but a ride. —So when you place a classified ad- vertisement you are not paying to National | Texas | had been | to date | . CAPITAL AND LABOR ONBETTER FODTING Government Statistics Show Sharp Contraction in Num- | ber of Disputes. BY CHAS. P. SHAFFER, Associated Press Business Writer. Capital and labor seem to have reached a better understanding in their relationships during the last few years This statement is backed by statis- | tics of the Department of Labor, which | show labor disputes reported to the de- partment in 1931 amounted to but |siightly more than one-quarter of the | average number reported during the comparable years of 1920 and 1921 Prior to the wage cut announced by the United States Steel Corporation to- ward the end of last September, there had been reported wage reductions in 2,257 instances, affecting 315,229 work- {ers, out of which came 653 wage dis- putes. In the two months following |up to November 15 there were 1074 additional firms following steel's lead- ership, involving 290.082 workers and only 107 wage disputes. This makes a total of 3331 wage reductions up to the middle of November, affecting 605.- 311 workers and resulting in 760 wage disputes. The improved understanding between capital and labor is demonsirated by reference to the previous period of acutely unsatisfactory business in 1020 and 1921. In the former year there were 3411 disputes over wage cuts | Tegistered with the department and 12,385 the year following One amicable wage adjustment oc- curring since the Labor Department’s figures is the voluntary acceptance of a 10 per cent reduction by the ra road brothernoods, which further am- plifies the better understanding between the groups of capital and labor. | | Washington Produce Butter—One-pound prints, 26; tub, 25, Eggs—Hennery, 17a19; current re | ceipts. 16a17 Poultry, alive—Turkeys, old toms, 152 young toms and hens, 20aZ ens, 3 pounds and over, 16al8; » pounds, 18a20; brollers, 1 to 2 pounds, 18; hens, large, 16al7; small, 12a14; Leghorn hens, 11; roosters, 10; keats, young, 45a50; old, 25a35 dressed—Turkeys, old toms, oung toms and hens, 23a25 3 pounds and over, 18a2l pounds, 21: brotlers, 1% to 2 pounds. 23a25; hens, large, 20a2 small, 15a17: Leghorn hens, 14; roc ers, 13; keats, young, 55a60; old, 50. Meats—Beef, prime, 12; medium, lamb, top, 14; medium, 13; veal, | medium, 14; pork loins, 11; hams, 13; smoked hams, 16al7 strip bacon, 16al7; lard, 80-pound tins, 6'.; package, 7; compounds, 6 Live stock—Hogs, light and medium, 4.00a4.25; heavy, 3.7584.00; pigs, 3.50a 4.00; roughs, 200a325; calves, 4.00a 350, lambs, 4.00a6.50 Pruits—Strawberries, pints, 10215, quarts, 25a30; apples, bushel baskets, 20al.25; fancy box stock, 2.50, oranges, Flerida, 2.75a3.50, California, 3.00a 3.50; grapefruit, 2.00a2.25; pears, 3.50a 4.00. pineapples, 3.00;, grapes, Emper- ors, kegs, 4.50; Almeiras, 5.00; lemons 4.00a4.50; tangerines, 1.50a2.00; ba- nanas, 200a2.50; alligator pears, flats, 2.50a3.00; rhubarb, hothouse, 5 gounds, | 1.25; honeydews, Chile, 2 3.00; plums, Chile, 2.50a3.00. H Vegetables — Potatoes, Maine, pound sacks, 140: New York, sweeta 50a1.00; Idaho bake: Bermudas, new, bushel, 1.50; repacks, 2.50a3.00; squash, white, 2.30a | 350 yellow, 3.50: peppers, 50: kale, | 50: epinach, 50; carrots, 3.50a4.00; beets, | 2.00a2.35; caulifiower, 2.00a250. peas, 6.0026.50; broccoli, 2.50a3.00; lettuce, Iceberg, 2.50: celery, 2.00a2.50: cucum- bers, 4 5025.00; Spring onions, per dozen | bunches, 24: musl ms, 65al.00; sal- sify, dozen bunches, 50a60. artichokes, 4.50a5 00; parsnips, 1.25a1.50; cabbage. new, 225a2.50; old, cks, 1.00; string | beans, 2.00a2.25; wal cress, 1.00al25 eggplant, 3.50; limas, Cuba ida, 5.00. NEW YORK BANK STOCKS NEW YORK, February 4 (#.—Over- the-counter market: BANKS, 11; top, {resh 100- 1.15; 2.40; matoes, Hanover | Bank & Trust. & Trust S Exchange | NVEST —your savings in 69, First Mortsaxe 70 securities Safe, Sound. Convenient Denominations Real Estate Mortgage and Guaranty Corp. 1610 K St. Nat. 1403 Authorized Service United American Bosch Magneto Corp. (Robert Bosch & American Bosch) & Splitdorf Magnetos MILLER-DUDLEY CO. 1716 14th St. N.W. North 1583-4 PROPERTY Apartment House PATENT ATTORNEYS: A few individual offices are available in the MILLS BUILDIN G within 5 minute the new Commerce Building. t the besutiful parks south of White House ARTHUR CARR 206 Mills Bldg. Na. 2865 the Money on Hand to Loan on First Deed of Trust 67, Interest Reasonable Commission and Prompt Replies to Applicz.tions JAMES F. SHEA 643 Indiana Ave. N.W. 6% Secured conscrvativel appratsed residential proper- ties, Fwvery mt fro- tected by fire # and title quaranteed nst- title compar FIRST MORTGAGE NOTES on rtgage suraiice IN DENOMINATIONS OF $250 and upwards BOSS & PHELPS Realtors 1417 K St NAtion, Increase Your Income By Investing In 6% Ist Mortgages —on conservatively ap- | praised Properties in the District of Columbia and | Maryland. Low Denominations Purchased For Further Paiticulars Apoly WEAVER BR REALTORS Washington Bldg. Di. 9456 Mortgage Loan Correspondent Metropolitan Life Imsurance Co. May Be A | | i While on Your Winter Trip OUR 1 can be of to you in rel 58 tion of tax ou tal one of O TSuppose 3 with Offic PAID ON SAVINGS National etropolitan BANK Fifteenth Street Opposite U. S. Treasury MANAGEMENT MANAGEMENT YOUR property and your in- terests are ufldct constant see your name and address in print, but to obtain a certain result. Rossia Ins of Amer.. 1008 Royal Dutch of NY 2t % £pt (8)... 1658 en Bronze......... 8 ‘able (A)...... 1 rie (1.60) 101 ec spec (B0c) . 1 od Corp (3) 29 Gen G&FE A(bET%stk) 29 i Gen Motors (2)..... 164 three quar-| 3 en Outdoor Adv.... 10 | supervision when you place refer stock have pany has d tr dend dut at this ti L ters a divid Classified advertisements in The Star for years have maintained a reputation for producing satisfactory results. St Joseph Lead (60c) . St L-San Francisco. . t L-San Fran pf. . t Louis Southwn t Louis Southwn pf. Schulte Retail Stores Seaboard Air Line Seaboard Oil. . eagrave Corp 5 ears Roebuck (214). ervel Inc. Sharp & Dohme. . Sharp & Do pf (3} Shattuck (F G) (1) Shell Trading & Tran Shell Union Oil. Shell Union Oil p: Simmons Co........ Sinclair Consol Ofl.. 26 Socony-Vacuum (1).5940s Solv Am pf ww (514) 1 28% Southn Cal Ed (2). 1 2615 Southern Pacific (4). 20 your apartment house in our hands for management. This is possible because of the immense circulation of The Star into practically all the best homes in its terri- tory and even beyond. There are many advantages which we shall be glad to ex- plain in detail upon request. & share was loor Adv (A) 2 Gen Prig Ink pf (6). 208 Gen Public Service, . Gen Ry Signal (5) Gen Theater Equip.. liette Saf Razor Saf R pf (5). Gimbel Bros cene 264 Gimbel Bros pf (1)., 4's Glidden Co Mur- | 14% Gold Dust (275).. phy Co. national chein of 10 3% Goodrich (BF). cent stores, located at 12 F street | 10 Goodrich (B F) pf northwest, has leased premises at 1219 | 13% Goodyear T&R (1) F street, adjoining its present store. | 3% Gotham Silk Hoslery Drug, Inc. declared the regular 1’4 Graham-Paige. ..... quarterly dividend of $1. payable March 5% Granby Consol (50¢). 1 to clock of record February 15, 134 Grand Silver Stores.. orthwestern Railway | ate Commerce to K authenti- cated and delivered to it $6.000,000 of its 5 per cent first and refunding m ®age bonds and to pledge them as col- lateral for short-term notes Owing to increasing business Washington branch of the G. C Therefore, when next you need help, have a room for rent, or something to sell, send an advertisement to The Star for the appropriate classification. B. F. SAUL CO. 925 15th St. N.W. the | Star classified advertisements produce results for Nat’l 2100 others every day. They should fod*you. Give them a MORTGAGE LOANS (Continued on Page 14.)