Evening Star Newspaper, July 22, 1932, Page 14

CA—14 waEx FINANCIAL. THE EVENI ‘% AR, WASHINGTON, D! (., FRIDAY, 22, FINANCIAL. WASHINGTONBANK || TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE | \UPSWING N STOCK les— High. Low. _ Dividend Rate. _ Add 00. High. Low. Close. Chue. 6 Fidelity-Phoen 1.20 10% +1 14 v % 45 Firestone T&R pf| 3 a7 30 Tide WatOilpf (5).. 3 privipey| 3" N Abitibi Pwr & Paper. 1 % % " 24 10 Abrm & Straus 1.20.. 123 125 +2%) 63 35 First Natl Strs (2%). W 4l - 3% ; % 2: 2 Timken-Detroit Axle 2 %2+ T LT 5% 1% Adams Express. . 28, 2% + % 3 Foster-Wheeler. . n 13 Plerce Petroleum. . 1 5 3 % Timken Roll B1%... 1y o & Reports for Week Ended 70 22 Adams Express pf 24% -2% 10% Fourth Nat Inv 1.20. 9% Pillsbury Flour (2) 6 2% Transamerica Cl}gp 4 14/' * 1: | Rail and Oil Shares Are Prom- 313 1% Adv Rumley.. 8 2 1 FoxKilm (A). y % Pitts United Corp. . 24 Transue & Willlam 3 +% 3 Tri-Contl Corp. .. 0 inent on Advance—Trad- - 16's 4% Affiliated Prod 1.60. . 61 - % 10 Freeport-Texas (2) ) 14 Pitts United p: July 20 Reveal Moder: 18kEcAmiatliErod ) §8 UL OlE ) 0. Treepcr - Texasi(d 3 Pltts & West va 42" Tri-Contl Corp pE(S). a8 41 2 gru!con Steel 1 3 3 312 + 4% 7 16% Alaska Juneau (50¢). 1% " - 5 12 Poore & Co (B). ° s > 15 Gen Am Investors. .. G 0 % 3 i . ate Increase. Alicghany Corp. 1 3w th AR IR s Tort e Am ToiGE} L 2 Iz . ing Expands. — Alleg Cp pf $40 ww.. It 108 Gon Baking (2. 6 B 8% 8% + % % Droctors Gembiotsy 31 21" sti . % % BY EDWARD C. STONE Allegheny Steel..... 8 1% Gen Cable (A). . P * Proct & Gamb pf (5). 108 ( 18% + %1 - : bh Allied Chem & D (6) . 3% Gen Cable pf h : Public Sve N J(3.20). 74 Onlos Sacine (o) - . 10% + % BY GEORGE T. HUGHES. Bank clearings in Washington for the 4 Allied Chem pf (7). 106% 20 . Gen Cigar (4). 4 . A 3 z Union Pacifie pf (4) 52 T 14t | spectal Dispatch to The star. Gon Hlestrie (4067, . " - obles e N % Un Tank Car (1.40) 2 +m| NEW YORK, July 22—The stock week ended July 20 indicated a slight & ;::’*;a'vlh:r‘{"‘::;:"zfl upturn in local trede over the business | -, ‘Amerada Corp (2). .. :g.‘: ?:: g‘l;%:p;;c’(wu i 3 PiRoE ; % “ + ' | market made a vigorous response to transacted during the previous week. 315 Am Agri Chem(Del) - % Gen Gas & Elee (A) 1 . 7 4 Eusc OHige (0 5 “ - 14| the overnight announcement of the ap 4 G s & K “ purity Ba o5 - A i + % - : urity Bakeries (1) | proval by the Interstate Commerce Checks canceled by the Washington 5 Am Bank Note Gen GAE cv pf A(p6) - X - 28 Am Bank Note pf (3 3 3 ien G pf A(p6) Clearing Hous> during the week to Am B te pe (3) Gen Mills (3). ... Commission of the four-party Eastern consolidation plan. taled $19.386.000, against $19.097.000 ! Am Beet Sugar pf.. .. 30 H 6 Gen Mills pe (6) nit Electric Coal, 3 ‘The advance started with the railroad i FIAL L+ +H+ 1+ 44 for the week endeq July 13, and ul\r:)' 5 Brak ) 2 170 . N ' Gen Motors (1) i S £ e Am Brake Shpt (7)., 1708 v ‘ ! n = : ' ggfl;:tr :d“x}mb‘:\]'?:“k 111;; Qfl?s for | A :‘m(‘“n(‘o”g\y” ) o y . 7 (,.,.n Motors pf (5) s ? 3 7 i L"D-)\lll’hfif[:!l. K i 3 nit Fruit (2) ues, but did not stop there. Oil Washington was more fortunate than 31a Am Car & Foundry. . 5 4" den Qutdnordy ¢ g L L 4 “hares competed with the rails for favor. Baltimore and Richmond, in the fifth 3 Am Car & Fdy pf (7). 3908 Gon By Signalicl). H e carering Went o actively tn sl Foderal Reserve district. Richmond re- | 6 “hai 1 4 T e S h sy = 18 e high-priced industrials and the e ! Gen Realty & Util ) 5 9 v 3 1% US Leather. ... close was at or near the best. week, against $25.195.000 in the pre- | 37 Ambicts (11 ' 1% Gillette Saf Rtaz (1) 6 ; ! 3 714 17§ Trpe & Fdry ¢ ‘% miens SR e oo o vious week, while Baltimore cleared ‘Am Comel Alcohol , Gilleste Saf R bt (3) £ i 65 P 3 G t TS Pipe 1st (1.20) 2 - the Inters 36 LR Sporasal by o FoLeEn PRt b i R . ey 1 S Piny 20). nterstate Commerce Commission BIIR0L Baakom o e o 3, Amiroren b 4 : e Broe o : o e ! i e e il ) 208, - 5 orsn P § IR o o s 4 tubber. 5 3 3 solidation plan. ~While of no immediat Vious weck, and 29 per cent under the Am & For Pwr 2d pf. : S ombel Brosm L 3 o ate ; : Am lide & Leather., 2 32 e G : 3 g : ¢ nefit to the railroads, it did make for ‘arfin‘;\i;k ?hzaa‘za%proremcm. clear- 5 Am Home Prod 4.20 "3'13 3::: fl'«’f:}' 9 A aIns 3 9 o 7 a better feeling and led to buying “for ings being $28,200,000, comparsd with 2 e delsh ey : b ! 3 e 3 the long pull” as well as short covering $25.700.000 in the previous wesk and 4 Am Internatio 2 ; Gooatioh B B e : : es (5 3 6% 38 +1%| T50 53" Uil Bledat ot N Lo e G St ean sithin - be year's record Am Locomotiv 3 : - = e : Tl P & . . - = 5 e ness in Newark, N. J. in_the week A v Gotham Silk Hoslery 2 % i SenadinmGonp b d:the advantac. 9 wark, N. T e A MaGal o 5 si » - ran pf. ... 5 1 %y Challcat % tained the advantage in the approved 3 S p& Lt pL A (5).. 4 + % = Paige. eagrave Corp. 1 - ~ owever, that the requirement that the cates. In the cities that had the most AmP 2% Granby Consol. z bl - - | Wabash R R, . P 1 - \the dros AmPwr&Ltpf (6).; . i L i . Sears Roebuck. 3% 13% 13 4 | LA ennsylvania divest itself of its New :"';“i‘i‘;‘:él:‘;fi,‘,‘f’ -r:::‘ln:ar:?ltm e 31a Am Radfator. - 25 shaiGrand “"‘“,‘g“,-m Servel Inc. . 24 M e s ¢ E Haven holdings, before any set-up of 13 e e e e rauced tns number| 13 3" Am Rolling Mills. A gt V) 1% Sharp & Dohme. 2 3 s Plctur: X the New England road could be ar- ich crial ‘Am Safety Raz (3. F I oTnmm D Shattuck (FH) 50 P T 2 " : Eras i ranged, was bearish on either the New Bradstreet's, bank 5 Am Smelt & Ref ... 4 Great Western Su Shell Union O] rpisessg ol Haven or the Pennsylvania. All the ading cities of the| 8 2 Am Smel ¢ Ref pf %3 3 ¢ 48 Great Wi o Shell Union Oil p 5 oy = 2 s railroad stocks opened higher, with United Siai $4.413,120.000 for 3 . 2 2 f 5 Stmmons Co.... 2 + 3 = 43 4 Baltimore & Ohio making the largest United States totaled $4 10, o0 0o imms Petroleum ; I ! Ll a3 percentage gains but with new. highs 364,743,000 in the pre- 3 A < 2 a1t ¢ sp|o L 3 _CuiEMoblickNor o1 Weat baih. on the recovery for the stocks of all pares with $4.364748000 In A, Trer ; ) 3 : S Tahn Dept Stores. 0 ot S g the roads involved in the plan. Natur- vious week, or an increase of L2 BEr/ 07 e . o 3 5 Hall (W F) Printing. olv Am pf wiv (315 35 : - ally railroad share: representing sys :::1 corresponding week of 1931 86 Am Tobacco (16) . 9 & 5 130 113% Helme (GW) pr(7). . outh Port Rico 5 e - = ¢ tems in other parts of the country e correspondIng i City. banic clear- 14 Hercules Powder benefitted by the new feeling. Atchison InOIInE N ek Cont, nggresating & Union Pacific were the leaders. Re- s red with $1.- B 3 5 t ports were again persistent of forej ::;;;563(7)6“01?{ e ;‘;’g‘::\‘,: week. This| 3 Am Water Wks (2 % 13 Homestake Min () accumulation in these stocks i O cent less than last year. 5 Am Wat W 1st pf(6 Househd Fin pf 4.20 Next to the rails, the oils were the P 4 Am Woolen. .. + Houston Oil..... strongest group in the early trading Business Quiet on D. C. Exchange. % 15 Am Woolen pf Houston Oll (new). : 4 I The stimulus here was the unexpectedly Vi C ind c) . 4 2l 5 4 + 'y On the Washington Stock Exchange Anacon 9ang_er, O E G 4 - 6 Ik ] Wilcox Oil & Gas. good report of Atlantic Refining, which today Potomac Electric Power 51, per Anchor Cap (1.20) Hudson Motor Car. o Willys-Overland. stock incidentally made a new high for rred stock sold at 10315, The Anchor Cap pt (6%). ) A 5% 1% Hupy Motors....... F . Wilson & Co pt. .. the year. Standard of New Jersey and o P ation's 6 per cent preferred ‘Andes Copper. 1 4 W Tiiimots Central.. % - u| 3 o i Woolworth (5.40) of California, Texas Corporation, Soco- stock changed hands at 107, sales be- Archer-Daniels (1). 944 Illinois Central pf. e e : Worthington Pum, ny-Vacuum, Barnsdall and Consolida- ing very light. The day's only bond [ 95 Archer-Dan pt 15% lllinois Cent 11 (4).. 100s 23 23 % Stone & Webster Worth Pump (B). tion Oil among others were all turned n was in Washington Rail- Armour of 111 (A). %1 Industrial Rayon (2) P P 3% 21 Studebaker Corp. Wrigiey (Wm) (3). | over in large blocks at fractionally transactiol 7 Armour of Ill (B) S .. L s 7 kt S o e strengt e way & Electric 4s, $1,000 selling at 79. Armour of 11 e 143 Ingersoll Rand (3).. L 3 2 2 = s Yale & Town o e 4 = 3 g s 7 3 L S T The show of strength in the rails and ~hington Gas Light stock is now . : hg‘u‘;';quna‘é ex-dividend, following the 2] ‘1’: ‘I‘j"";-m * Inspiration Copper. . g i 3 2 12 Yellow Truck pf the oils created nervousness among the ST e i 21, Interboro Rap Trans. 4 4 L e 2 174 4 Younestown Sh&Tn shorts which was heightened by the - . : rapid advance in Auburn Auto, a phe- i 5 Atch Topeka & S Fe 74 21 + 515, Tnt Bua Ma kG e v the directors. The dis ¢ 215 Int Bus Machine(n6) 4 : just made by Atchison pf (5)... 1'a Int Carriers Ltd 20c. ™Y T T TS e R N Al Anio s phe 5 5 pay: 5 stock i —_—_— bUmemene & F“q»“”'le August 1 to Atlantic Coast Line. . 5 3% Int Cement. 9 4 : : clautosraph (1) ] Sales of Stocks on New York Excha strength in the market. Accordingly, of recod T bublic financing in over a| 13 Atlantic Refining (1) 3% 474 Int Combustion pf . : Texas Corp (1).. : - 1030 AM ST e NS contracts for the decline were taken in e ey subsidiary of the North Atlas Powder (1). 10% Int Harvester (1.80). 3 13 : Tex Gulf Sulph (2) 5 30 P 1,100,000 0 e o in haste in American Telephone and in P iean Co. took place today. with Atlas Powder pf (6). ; 23 Int Hydro-Elec (A).. 2 : Tex Pacific Co . 2 21 r as gy bie L 0, | Allied Chemical. It would be a mistake, e ffering of $15,000,000 Union Elec- 2 """"'.L’,;‘é’o‘?p‘fi)‘,‘,, p : *a Int Merchant Marine Do EERRE + b enrly "ui8! however, to assume that all the buying tric Light & Power Co. (Missouri) ge ! A o it s g : ’ Third Avenue. .. P g of trading less than 100 shares 1Py | O, SVED the greater part of it came eral mortgage gold bonds. 5 per cent. dwin 1 4 3 = peper & Lw : Thizd Netl bny (o i a . f SXira bir'ds from the short interest. Floor traders Series due 1957. by a group of inves Baldwin Loco pf. : 2 Int Paper & Pwrpf.. 3 Thompson Starrett. . ck. & Payanle o cash cic TPIGS 8% in stock "h Flus 20 100k the constructive side because it was 94 and interest, to yield 5.44 per cent. Baltimore o vf. o 8 2). i 11 iherrinlernn) scrip. - E: 2 greater there, and there were even ine Bangor&Arostk (2). 2 20% Int Shoe (3).. - |dications of an outside public interest, long lacking. Sutherland Wins Agency Honors. S LS T 2 - A2 e ¢in, 1 t of the Beatrice Cream (2).. 2 17 5 nt Silver p 4 - > = i ey Ncfi'\h’\“\:esii::g“‘lr\‘/lulg\::frzn;%i?\cez the 2015 Beech-Nut Pkg (). - 3 3 3 o NS use A cl e 51 i l\ew York Cotton OIL HEAD DENOUNCES Grain Market MONEY -MARXE'-L BRI ko TNE o | 1) B 3| B BTG PESSIMISTIC TALK NEw YoRk. iy 21 ot test. G v 3 2 3 B 10% Island Cree 4 rize, which was awarded Bethlehem Steel Special Dispatch to The Star. for a slightly easier tone in quotations annexing first p 4 3 2 w24 =2 ks m Stl pf (7). P % 2 m m m: as for the results obtained for 10 weel Bethlehem Stl p! 2 25's 10 s-Manville. ..... 2 NEW YORK, July 22 —With the By the Associated Press for time funds the money market w unchanged today. Time money was of hard work. F. George Clendaniel, *s Bohn Alumn & Brass 995, 48 Jon anv pe (7)... 208 45 5 5 —3 hot. < t - e ahae ey Boston & Maine. ; X Raufman DS (800).. 3 3w 105 to 106 degrecs, and influenced by Against Destructive Rumor Spread- and speculators. gave s host to goss Viotsly, Cel momey 1n the stock ex T u . < D 3 Kayser (J) & Co 2 i K strength in the stock mark 0to! 4 { p 2 Biais el s ‘ oy Boston & Main - gth in tock market, coton . value These men, together r“fl“:n;he i | DAL Manhac | 128 21, Kelvinator Corp 9 3, 3 prices improved today and ended with ere—Urges Hopeful View. ings.* ol -y T eral sgent _and the following indi. BKIyn-Man Tr pf (6). Kendall Co pt (6) . 9 a gain of about 10 points. Althoush | SN S Purchases broadened owing largely to oot Lonkrorer Cochlance Market was i, T i B BRI 01 e omats B 9 Ferertl agennica sod Doout 16,000 bates recent advances In securities: sagae g | Guiet with rates unchanged. cor o 4 5 cvTus pf (7 5 o Kresge (SS) Co (1).. 9 & | sgain today, October rold as high as live ok 5 - . v 25, 26 and 27. Wallace Bucyrus pf (7) . i -, . = > 5 12 7 4 s i A 1 ica™ Satements. suggestin” that Gor- ;}:‘é@‘?é’;‘n’fik‘mfi i | Budd (E G) Mfx : _187 10 Kroger Grocery (1).. 587, up Ii points from Thursday's —CHICAGO, July 22.—Edward G. Seu- sued statements sugges!lngg(hat Gov. . Present prices of agricultural products ; Jack- Burr'ghs A M (80c). - Tambert Co (15). Spots were advanced 10 points (0. bert, president of Standard Oil of In- | ément financed holdings of domestic | n Chile are much above world levels. wheat were commencing to lose effect Frank Eliot, F. T. Kirk, A H. Bush Terminal 2 i oot, ir. s . 3 213 1% Lee Rubber & Tire man and Prancis L. Smool. | Bush Term deb stk. . v 3% Leh Dort Cament. Cotton range: diana, in a messege to emploves and oo w market guidance. 1 This is the largest group the Wash- e T el o . 3 i B 6 e : o stockholders, h: led . ¢ has ever sent to its an- ush Terminal pf(7). 0 20 3 Lehigh Valley Coal. e . H : gse. | st s, has appealed for a “firm Wheat closed firm, ",a1%; above ves- Ington iagenty SRs : 3 1% Lehigh Val Coal pf. . ‘ T 558 385 end patriotic stand against insidious terday’s finish: corn 'sa%, up, oats a ENTERPRISE SERIAL nual convention. 3 ; 5 Lehigh Valley 2 ¥ 7y | December .. i u <" bell shade to 14a% gain “and provi s Rapid Transit Deficit Grows. T RE T TN T 30k Darioan Corn (2148) . : fary 5 g and destructive influences,” believing Sy ey 182 R “&:\ isions BUILDING ASSOCIATION The net income item of Washington b e H p 33, Libbey Owens Gla Mayo 5 Ll GO Il W S e La Hih. Low. C 7th and Indi Rapid Transit Co.s June statement of Campbell-Wya 321 Liggett & Myers(t3). will hasten the recovery. Jaly. old SR A th and Indiana Ave. N.W. v y Wi the > 7 i 3 34 Ligg & Myers B (15)., i Cognizant of talk “that th September. old 5 operstions, filed vesterday wih Conee D) : aia ca . CHICAGO LIVE STOCK MARKET il be an economic recovery. that the Decssmes 5 y LOANS Public Utilities Commission, revealed a | 7 a < ’ 9 Liguid Carbonic!( 2 : deficit of $5,83497 for the month, as nnon Mills (1).... 3 13'% Loew's, Inc (14) CHICAGO, July 22 (#) (United States Country is going to the dogs.” Seubert compared Wwith a surplus in net income Capital Adminis pf A 2 39 Loew'sIncpf (§ Department of = Agricu'ture) —Hogs— Said the professional agitator thrives in — On Iproved District ob Co of $1,082.42 in the month last year. b Case (J 1) Co . 2 » 1% Loft In e Receipts, 12.000 head, including 5.000 such times as these, but expressed lo; E 3 s fambia: Real! Edtale Sacusity The net income item for the first half Case (J 1) pf ( Z 5 E %% Long Beil Lumb(A). | Rt 200 e, e dIng raioer Alty of himself and the company o 5,0 : ; of 1932 now presents a deficit of $25.- Caterpillar Trac o 9 6 %0 161 Loose-Wiles Bis (2). $ :| kinds and packing sow. to American Government and civilization. ¢ P > - 68th Series of stock now open 177.35. against one of $1.262.64 for the CelOtex Df . - ssnssses 9 Lorillard () (1.20) .. 32 higher: , _“In protesting against the rising cost December . o 6 3 for subscription like period a year ago, an increase in a T C uirre (1%).. 5 5 5a . 73 Torillard (P) pf (1) 3 9 a F 5.10: 250-330 pounds. 4 & 15 of Government or demanding applica- RYE— : deficit of $23,914.71. ] Cent R R of ) i a2 Louisville 1 + pounds, 4.40a4.90; pigs, 3.7524.25; pack- tion in Government of some of the same &;’"mw e 281 -'ll;l.’v;:'dfwnxnmllv. nm;-‘r. Shea. ing sows, 3.20a4.15; light light. good and = measure of economy to which we have December .- bive ol 3 : tde Secretary light- been obliged to subject ourselves,” he LS + L R R | bl Fog o [T T - [P B By the Associated Press Sales of the American Stores Co. for 2% Century Rib Mills 5t Y } 5713 n&Forbes pf (6 s 7 ory Stores B... choice, 1402160 pounds, 4.40a4.90 the four weeks ended I tonn! 3 1t (hecker Cab b 3 o + HE R weight, | 160-200 - pounds, 465510; aid. “¥e are not weakening in °‘"‘IIIIHIIIIIIIIIIHHIIIIIIIIIIHI!"I!I'IIIIIIIIII‘l" I i ‘ oyaity 0 00 the like period a vear ago, a decrease of | 3 2hes & Ohlo - 2 28 McKeesport T P (4). ? medium weight. 200-250 pounds, 4.80a . " £ 3951345 or 8.7 per cent. For the six i Chesapeake C . McLellan Stores 5.10; heavyweight, 250-350 pounds, 440- | Of the particular situation of Stand- Organized 187 i months ended on June 30, total sales Chi astern 111 pf Mack Trucks (1). 2 % 1315 19 4.95; packing sc medium and good. ard of Indiana, Seubert asserted: “As ganiz 879 52nd YEAR COMPLETED amounted to $59.776,818 against $69.- Chi Great Western 2 Macy (HR) (n?). 275-500 pouncs. 3.2024.25: pigs, good stockhclders we are still able to receive . -~ ’ 490,301, a difference of $9,713.483. or Chi Great West pf i Madison Sq Garde; 4 2 and choice. 100-130 pounds, 3.75a4.60. Some return from our investment. As ulta e C O h l 139 per cent. At the time this report Chi Mil StP & Pac. 1 Magma Copper (50¢ 5 5 Cattle—Receipts, 1.500 head: calves, | €Mmpioves we have had to take our re- 0' pel‘a Ve g. ss ll was made, the regular quarterly divi- Chi Mil StP & Pac pf. 222 3~ Manhat Elev gtd (7). 4 500 head; slaughter steers and yearlings | duction in pay. but it came only after | youx joy EDSON, - dend of 50 cents a share was declared. Chi & Northwestern., Manhat Elev mod gtd slow and weak: grassy kinds predomi- neaflv.‘tvm years of depression develop- 3 N, President WALTER S. PRATT, Jr,, Secretary Credit in the 4th Reserve District . S Chi & Northwest pt... j Manhattan Shirt. ... nating: no striztly good or choice offer- A MeNts. rrie baniking and industrial commit- 1 “A{"';gv; ;l‘;_zoll‘-fi;: i - A {{arlkne‘iilldldtilzl'c) 9 h'lxss l:tcluded: o‘Lher cxassesalboutmad_\m —_— . hf Roc! i : Market Stree A au ealers. tec of the fourth Federal Reserve dis- | 2" ChiR1& Pac 6% pf 3 5 Maricet Strest Ry s e e PARIS BOURSE PRICES. trict, around Clevelan 30 ° condition CHER LB Eac 19 PE i € 3 Marshall Field&Co.. 5 3 31 —34 | 9.25; 900a1,100 pounds, 7.25a9 25; 1,100- | PARIS, July 22 (#)—Three per cent analysis lof, ‘;m l’“"fhm & W eredit o "1”02; ‘r;b“‘;)-- k i Mathieson Alk (1%). 9 + 50 1300 pounds, 7.25a9.40; 1.300-1.500 rPnle.;. 80 francs 80 centimes. Five per statements indicates o . e Sdatl A+ 1 % May Dept Stores 1.80 s, | pounds, 7.50a9.50; commen and medium, cent loan. 99 francs 75 centimes. Ex- | HNANCI Available for the use of commerce 3?; 2 City Jee&Fuel (3.60). 3 Mfami Copper 3 i 600-1,300 pounds, 4.00a7.50. change on London, 90 francs 70 cen- SUCCESS THROUGH industry. A letter address Ice&Fuel pf 6%;. 2 33, Mid Continent Petm. 5 5 1| Heifers, good and choice, 550-850 times. The dollar was quoted at 25 trict banks says a survey of more than Investing 5 Midland Steel Prod. . ; 1, | pounds, 6.2527.75 francs 52; centimes . t Midla N 5, 6.25a7.75; common and medi-| =800 95 TENVINGS, SYS EMAT] sAv the district in ity Store um. 35026.35; cows, good and choice, T | 3.000 manuraz{mruLs ing e vt ol '] ySlores 5 £ % Minn-H'well Reg 3 E 3 1% | dicates that there is a gre: ‘luett-Peabody (1).. 2 13 3 3 Mo Kan & Texas 5 3% 3 3 1 |3.5025.50; 2.7 I st o : . +|3.502550: common and medium. 275a productive business available, but w oca Cola (18) - 5 T 13]350; low cutter and cutter, 1.50a2.78: FIRST is held up by the lack of proper bank- ‘_..lgm-ml-wmi'). 3 12 3 Missourl Pacific P bills [(yeariings, excluded).” good: and ing accommodations. This is particu ‘olg-Palm-P pf (6). ¥ Missouri Pacific pf.. g "l choice ibeef), 3.40a4.75; cutter to me- MORTGAGE s 50 . Those who have learned the larly true of small busreRe terest in| 12w e e S ‘ N e 8 dium, 2000340;_ vealers (il fed lesson of systematic saving are s of spe i C S % +27 3 vard. g0od and choice, 5.50a6.00; medium, 4.50 = o x e i irs hvay sl e R 3 A 35% MoreellAGe C) 30 3 550 cull and common. 3.50a4.5 === always prepared for every emer- s‘:hz-r's' Some bankers think that the “a 131 Columb Carbon (2).. ? urray Corp ¢ “on 3 stocker and feeder cattle, steers, good || - gency. Join the Equitabl . ter use of trade acceptances Wwill 37 Comel Credit (50¢).. a | — ¥ agd choice, 500a1,050 pounds, 5.258 P Sh 8 V. Jom e Lquitable and Brote bencficial and to some extent 11% Comel Credit A (3). 2 ash Motors (1).... 1 6.25. common and medium, 3.50a5.25. - : oo SaSnare save something each pay day furnish a substitute for other credit. 2 10% Comcl Inv Trust (2). A 0 Sheep, 11,000 head: mostly stead: ness sections. Every sa something each pay day. ancial District Boow e : e predominant supply range lambs un- | gage protected by fire insur- Heard in Financial e & 312 Comel Solv (60¢). .. - 6 . 60). " sold; few desirable natives, 5.50a6.00; | ' . st iR 915 F S Francis G. Addison jr. president of 16 Comwlth & Sou(30¢). 4 Nat Dist Prod (2) 7 13, | Strictly choice kinds absent; bidding ance and title guaranteed b t. u at Dist Prod pf 2 5 4| 5.75 on several big strings choice Idahos; responsible title compar the Security Savings & Commercial 27% Comwlth&Sou pf (6) Vi lati 13 O i 5). 5 lambs, 9 v, Bank, is receiving many congratulations 6!3 Congolm Nairn (1) . o - : :r?éxce. 5?5023.‘52?5 m‘:?i?unm, B md Conservative Appraisals Insur- “WWWWWW o eleflmgeu cémzxnm glire'::xe 10 Consol CEnus bee : ; A all weights, 3.0024.50. board of the Beiter Business -} 72 19 Consol Cigars pf(7 - 247 4 K , common, 3.0024.50; ewes, : AL the same time Joshua Evans Jt.| Gy ‘1 Consol Film........ 3 4 90-150 pounds, medium to choice, 1003 ing Absolute Safety = St e District National Bank, 2% Co 1 f 4 L 4 . & all we , cull and common, 50 5 president of the Dis 2% Consol Film pf , ain. gl MORTGAGES is worthy of unstinted praise for the 3115 Consol GasN Y (4).. 3 1, 4 - 4 service he has rendered the Bureau 7215 Consol Gas NY pf(5). 4 ’ : 7 6 NOTES POR $250 UPWARD while chairman of the board. 4 Consol Oli Corp. E c 2 Waggaman, Brawner & Co.. invest- 79 Consol OILDL (8) ... v hers. . Bank Makes $11,000 Payment. * ment bankers, are dlstribultng k: review [ 2 ('on(aine;carn Am).. (3 2 Q:xgg:gm;«"w 3 T;uumv, Va., July 22 (Special).— YOU ARE NOT of banking and insurance stocks, cover- Contl Baking (A). 4 ALY 2 i e t National Bank of Luray has ing the leading issues in New York, Contl Baking (B). LR 1 8 N Y Air Brake.... ordered paid out to depositors rfcarly‘ BOSS & PHELPS A Chicago. Boston and Philadelphia. Contl Can (2)....... 2 ; figenual et : $11,000. The amount represented the SPECULATING “Currency is now flowing back to the 3 Cont Diamond Fibre.. . ,.. 'a N Y Chicago & St 1 % first payment of 10 per cent belonging I Cor d banks, which indicates that hoarding| 25 Cont Insurance(1.20) h 6+ % ’ SOl et : to the depositors who had money in the | Loan Correspondent for is on the wane” says ‘Dunn’s Re-| 7 Contl Ofl (Del) 5 & Harlem (5).... 93 bank when it was closed in October, John Hancock Mutual Life NY view.” “Individuals are returning the Contl Shares. . oo " N Y-Investors. . and who, on being paid back, held 20 5 % RE IR 1 per cent in reserve. The $11,000 rep- Insurance Co. NY when you make investment in our mcney because their faith in these in- Corn Products (3) g stitutions is ganing.” Corn Prod pf (1) of T e e | resented 10 per cent of this trustee | Realtors i c y I ! . , and was secured by the realizing | : . Crown Ck &S (1. N 'Y Shipbuild pf(7). " % e N e ] unan National 9300 61,9, FIRST MORTGAGES Ci vn Zellerbach. .. N Y Steam 1st pf(7). NEW YORK BANK STOCKS | 3¢ = Grown zetierbac el i Norahda Min (ai0c). 7 | Crucible Steel pt 15 Norfolk & Southern. . “ The bank, which reopened in Febru- | Fr I ? ; o et Norfolk & West (8).. ary, now has over a half million in de- rom the standpoint of invest- 1% North Am Aviation. . . . | posits, $100.000 having been added re- | 5 > ; 13% Nor Amer(b10%stk). c;;t“ly»15Ei)lr_:.fl};ers!hbergder.v;oué\tyé:ea;-; | ment nothmg can be more attractive 25% North Amer pf (3). i 33 3 lent, an . E. nk, | 5 SN 5% Northern Pacific. cashiei M t Wy than this interest and the principal 5 Onio OIl (aZ0c). 4 y | anagemen ver @ Third by 5 O H 5 / 7 « is secured by mortgage on conserva- NEW YORK, July 22 (/P.—Over-the- 4 Cuban-Am Sugar pf counter market: Cudany Pack (2%3) .. BANKS. Bid. Asked. Curtts Publishin Chase (2) ... 24 26 47 Curtis Publish pf( e e 7% Curtiss Wright. i, 000 - M T2 114 Curds Wright (A) has been in no B S8y e 9 Otis Elevator (1%). \ responsible for ¢ = of a tively appraised improved Washing- 1% Otis Steel. ... % dous growth of tI 31 Otis Steel pr pf. o e hont ' Century ton real estate. 'a Pacific Gas 2) . - made_all over Without a 20% Pacific Lighting (3). the ~Nation in ithou : = R 3% Pacific Mills : . F aE popularity of Building and Investments may be made ia 58 Pacific Tel&Teleg(7) or Building 85% Paclfic T & T pf (6).. h (B £ 5 FEFTT Manhattan : National City (2) 1111 3% Cutler Hammer. Bl QL ; % 1_Davison Chemical SIRUST COMERNTRR 8 5 % 6% Deere & Co pf (40c).. Pabhus Q) et 32 Delaware & Hud (9).. Hanover (*7) Del Lack & Western. 80y . Detroit Edison (8) Diamond Match (1). 3 Dome Mines (t120).. Xr“"m Do:ninion Storest11; g-nu{ru?‘ugs ‘;:»s. 3 greu(e:r Mfg A (3) T& X lew Yor) Tust (3) rug Corp (4). 1% Packar: lotor Car. . Tide GUaranty & Trust (4.80). 35 “ Duplan Silk (1)..... 9 7% Pan Am Pete Bn(1).. Gl Dupont de Nem (3). . 3 Panhandle Pro&Ref. e e DupontdeNdb pf(6). 6 1% Paramount Publix. .. | U.S. TREASURY BALANCE. Duques Lt 1st pf (5). b % Pathe Exchange. ... Treasury receipts for July 20 were| 87% 3b% Eastman Kodak (5).. " Ml b maciae ) $79,203,139.78, expenditures, $91,653-| 8 3 Eaton MfgCo..... 4 44 5 16 Perlor &Ford (1., 104.30; balance, $199,036,14595; cus-| 32% 8% Elec Auto-L (1.20) ' 13 Penney (J C) (2.40). tom duties for 20 days of July. $11-| 2% 3 Electric Boat. 1 e LA AN 463,831.69. 4 7 Elec&Musical Instru. o5 PenncRativoad SN et 15% 2% Elec Pwr&Lt....... 5 Fiatet o £hi S 551 8 lec Pwr & Lt pf(6). 1% P Marquette Dry Goods Orders Gein. 331 125, Elec Storage Bat (3). 2 2 20 T P Manatie i MW YORK. July 21 (9—Drygioss| 51 3% IeePumSwept).. 2 =% 315 Dere Marquette pr pf wholesaiers revort clight increases on| 13 . BHoR KT Tt a 3 Petrol Corp of Am... orders for Pall goods this week. The| los 2% ErieRR1stpf ... y 3% Phelps Dodge..... P markets continue m.‘openle 5% 3 Fairbanks-Morse. P -% 5%, 2 Phila&ReadC&I1. cal 4 - 10% 3 Fed WatService A, 34 .+ % - 63h 2. Phillips Petroleum. . ou et eaGan wnonn NN 2 % Loanioperationsls e invits Loss amounts from $250 up. The size of For B“Y“l.l R o the investment does not affect either or Refinancin, e g Saturdays Until I the interest or security. Completed Properties Prompt Attention : 4 Mo ]ME&SJ | ~ational 2100 925 15th St. N.W. CORPORATION N\ ‘ fl THERE 1S NO SUBSTITUTE FOR SAFETY 1610 K St. N.W. National M08 (¥ el - seee serrsees L I R I S I )