Evening Star Newspaper, November 5, 1935, Page 16

FINANCIA GAPITAL DEPOSITS AT ALL-TIME PEAK .= Call Bares $289,905,886 Total November 1 in 22 Institutions. BY EDWARD C. STONE. Deposits in Washington's 22 banks on November 1 of this year aggregated $289,905,886.22, the highest mark ever reached in the history of the Capital. This record figure was brought to tight today following a call for the condition of all hational banks in the United States and all other banks in the District of Columbia, dated as of November 1. The high point up to this time had been last March 4 when total deposits | 5 in Washington stood at $275226,- 551.85, today’s figures revealing a gain since then of $14,679,334.37. Deposits following the call of June 29, 1935, totaled $266,586,839.82. The 22 banks and trust companies reported the following deposit totals on November 1: Deposits on November 1, 1935. American Security and Trust -$43,716,123.15 Anacostia Bank _ 1,516.408.80 Commerce & Savings 2,471,397.14 City Bank 5.854,623.25 Columbia National 4,881,105.29 | East Washington Savings 941,728.16 Hamilton National - 18,429.780.01 Industrial Bank - 344,076.05 Liberty National 5.466.323.76 Lincoln National 8,963,839.65 McLachlen Bank . 4,136,579.80 Morris Plan - 1.176.923.98 Munsey Trust 5,360,620.61 National Bank of ‘Washington 9.440.975 42 National Capital 2,529,489.86 | National Metropolitan - 25.957.368.21 National Savings & - 16,918.89345 | - 86,600.127.29 | 6,596,701.05 Becurity Savings and Commercial Union Trust .- Washington Loan ‘Trust 22,608,677.71 The all-time high deposit record had been forecast in the financial district for some time. Riggs Na- tional reported the highest deposits on any call in its history. Several, other banks made similar reports. Third Call of the Year. Under the*law the controller is required to issue at least three calls a year for statement of condition. He may issue as many more as he | deems necessary. Today's call is the third this cal- endar year, indicating that national | banks will report four times. It has been the practice to time one call at the end of the calendar year. This supplies the Treasury with data for | comparative purposes. The November 1 call came at a particularly good time for the banks here to make a brilliant showing. The | Government pay roll on the first of| the month caused the usual grand rush of Federal workers to deposit | their checks. Deposits during the last of October | are always high, partly on account of the Fall trade pick-up. This trade advance was much larger than a year ago, according to reports from the Richmond Reserve Bank. Insurance on all deposits up to| $5,000 is also assigned as a most im- portant reason for the big advance in bank deposits. The insurance plan is ! 2 given credit for the notable return in | 6.575,236.36 9,718,887.22 Sibpiies | demand light | |1zan. 1. Washington Produce — One-pound prints (92 score), 0. one-pound prints (89 score), 9., Beet, onn. vm_ mol a2 5285 ard. 18010 compound. 1 Mve stock — Hogs, lllht medium. : Bofato 0 00210 Prices by tne !Jnueu smu Bureau of Asgicultural, Economics S Market steady to firm. Nearby unlrld?d receipts 1 0. 8. Gov- ernment graded white extras. medium. 'z higher. ent receipts, 31 hrnn!l’y whites. 35a38. Government, dated white eggs (Including ludlnfi and marketing costs): extras. large. 45 extras, mediums, standards, large LIVE POULTRY _Market firm at un- changed prices. Fowl: Colored, Deavy, 18al0; Leghorns, 14al5: roosters. 11al2. Spring chickens: | _Plymouth Recks; mixed colors, pring Young hens, i0 pounds and. up J4 pounds and up. 2 s old hens and old t " Young. 70al. ()0 l Dllr Fruits and Vegetables. Sales in large ms by original receivers up to X _am. to APPLES —No cariot arrivals: one hruken nd one unbroken cars on ; lr‘u 18! liberal; demand Virginia. Staymans, U. 8. N mrkeys steads. 1 27, inch, minimum um, 85290; King_Davids. |nch minimum. 307 +1zcinch minimum S. No. i1 50860 2-inch 234 1-‘\ch mmm“ium R0al.00; 0. minimum, Spys, 'U. um, . Delicious and Staymans. combination extra_fancy and fancy. l.toa 2000 C erade. 1,351 50: Romes. combina: tion extra fancy and fancy, 1.73; Paragon Wn.rssfi.\. 1.65a1.90. CABBAGE—One New York and Pennsylvania arrived: two broken three unbroken cars on Lrack. moderate. demand light; market steady. Pennsylvania, 50-pound sacks Domestic Round _type. 40a50, bushel crates Danish type, 50, Virgini 5-peck hampers Do- mestic Flat type. packed locally, 50860, CELERY—No carlot arrivals: one broken and one unbroken cars on track. Sup- plies moderate. demflnd light: market steady. New Yi %3 crates, washed, 4 to 6 dozen. 30 LETTUCE— Tv\a Call(orma arrived: four broken and three unbroken cars on track. Western stock: Supplies moderate: fltmanu i light. market steady. Western crates Ice berg type California. 5-dozen. 4.00a4.50: Idaho. 5-dozen. 4.50ad.35: -dozen. $.50 OI\IONS‘One Minnesota arrived: one | broken and three unbroken cars on track Supplies moderate. demand lisht; market steads. Minnesols and Ohio. 50-pound sacks yeliows, 1daho. 50-pound sacks Valentias 1. 3 inches and Jarser. 1 PEAS—No carlot arrivals: one car di- | verted: no cars on track. Supplies light; market steady. ushel ~ hampers ~Telephones H inia, bushel hampers. small size. 1.75 one and Supplies Potato Prices Improve. POTATOES—Three Maine. three New York arrived: two broken and seven un- broken cars on track. Supplies moderate demand moderate: market slightly stronger, One-hundred-pound sacks round_ whites, S.No, 1: New Jersey. 1.70al.83: Mich+ $5a1.50: Pennsylvania ound_sacks Green Mountains 1. 1.75. few higher. Idaho lnu lpovma <arks Russet Burbanks, U. S. 01 SWEET POTATOES—No carlot arrivals; fl:r\;flrxmuan irack, Supplies light: demand rket stea by 3 D VEGETABLES.-No _cariot n\flfiuzwgtn‘rgnfiéan on track onlIMA BEAN ractically no supplies GREEN BEANS—No carlot arrivals: one unbroken car on track. Supplies moderate demand ' licht: market steady. Bushel hampers. green. flat type: Florida. 1.25a =00 Virginia 13515 upplies light: demand ligh market, steady. Florida. 1'3-bushel crates. | 04,00, NT—Supplies very light: de- markn <(eady Florida | mand very lieht: 1%3-bushel crates. 4 oas SQUASH—Supplics moderate: demand vers light: market steady. Florida. bushel ampers. ‘white. wrapped. 1.50a%.00" fow | higher: “vellow2 501a3. () CUCUMBERS—Supplies ligh light: market dull._ Florida, bushel baskets fancy. 3.00: few higher: choice. N0a: 5. MUSHROOMS —Sunplies liberal: demand | very light: ma kl‘( \uk Marvland and Pennsylvania. nd baskets. extra fancy “and fancy 0ans: bittons 40a50: opens. 25: 1-pound baskets. 15a20 OKRA—Supplies light: demand very (!nr m rket weak. Florida, bushel ham- pers. 1.5 CAULIFLOWER—No carlot arrivals: two unbroken cars on track. Truck receiots liberal: supplies liberal: demand very £l market weak. New York. crates. 50a75: few hicher: poorer lower: manv unsold TOMATOES—¢ Caiifornia Tived: one car_dlverted: one unbroken ‘et on track. Supnlies moderate: demand lizht market steady.California_luz boxes. ri and turning wrepped: 6xA and ia a2.25: few higher: fair condition 1.2 A12A mectie'1 30 BROCCOLI—No carlot a one Yaine. ar- demand General Motors Corp Hecla Coal & %R Hires (Chas ! er Che dustries A d r K:lvmnor Tnm snaru of Am og THE EVENT DIVIDENDS ANNOUNCED NEW_ YORK. November 5.—Dividends declared (prepared by the Standard Sta- tistics Corp): ™ L xtra. - Stock of Pay- Rate. riod. reco‘rd able. 0c 1.2-36 40¢ .. 11-15 12-1 50c =2 11-14 13-12 lnerm!l Eastern Util Asso_.._50c Q 11-8 11-15 Regular. Abbott's Dairies_____25c Q 11-15 12-2 Allegheny & Western s Allfed La Allied Laboratories on Blnlonr & Arcostook Blmnr 3 Art}oswok Champion 11-30 1-1-36 11-9 11-15 10-31 11-15 ~ pI_$1.75 Faultless Ruhber _-50¢ Genenl Invest Ms o 0enerll Motors Corp_.50c i O Ppn 0O OOOODO Hillman Coal & Coke o0 o! for ord xc: an 7% BTy Flour il Rolls-Royce, le A d r for ord r Secord lLlurl)Clndy 11-4 1115 Triet Shaves of Amér- - 11-15 ica ($1) bearer_ ew Orleans Cotton By the Associated Press. NEW ORLEANS, November 55— Strength in the distant months today brought an irregular and higher open- ing on the cotton market here today as price fixing by domestic mills de- veloped a steady undertone. All months except the December option shared in the advance as gains of from 4 to 6 points were shown above the previous close. The December position eased a point to 10.97 at the first call, but subsequently recovered to hold steady around .its former final price. March was up 4 points at 10.84, May gained 5 points at 1085 and | July was up 6 points at 10.83, | per pound, 7a10; With the crop movement said to be declining from its peak the volume | of hedge offerings also were dwindling and with this pressure removed from | the market prices were able to make a | little progress on the upside. The volume of dealings was com- paratively active today. Foreign markets were better with Liverpool advancing from 2 to 3 penny points and holding steady in late trading. Weather forecasts for the northern area of the belt reported that colder | weather was still a threat but not an | actuality. Liverpool Quotations. LIVERPOOL. November 5 (P).—Cotton, 36,000 bales including Spot in good demand. but erate: prices 1 point lower pence: American strict ) 7.00:_good middling. middiing, 6 middling. 64 middling low middling. & good ordinary.' 5.50: good ordinary Futures closed steady. Decembe. January, 6.11: March, 6.09; Ma July, 6.03. 0 tobe: CHICAGO LIVE STOCK. CHICAGO. November 5 (# (United States Department of Agriculture).— Hogs. 0 including mostiy lower than erage: top. 9.40: bulk. 1R 9.2089.35: 40 pounds. beiter grade, pounds. most sows. : best. R.50. Cattle, 7.000: calves, 1.500: very little done on' fat steers: medium grades pre- dominating: undertone weak to Derter §rades Mmuch_scarcer than Monday. but hoth local and outside demand ap- parently narrow even on kinds selling at 11.00 upward: no choice cattle sold: un- dertone stockers and feeders weak to un- evenly lower she stock unevenly steady 1o 25 higher: heifers showing most ad- vance: bulls and vealers firm at 5.60 down and 10,50, down. respectivels heep. 6.000:° hidding _fully steady to strone on Sinughter Imbe: asking 10815 and more higher; sheep firm: feeding lambs scarce: bids and few sales good to NG __STAR, WASHINGTON, Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., November 5.— White potatoes, per 100 pounds, 90a 1.10; sweet potatoes, hamper, 25a35; beans, bushel, 75a1.50; beets, 100, 1.50 22.00; broccoll, crate, 2.40a2.75; brus- sel sprouts, one-half drum, 2.50a2.75; cabbage, 50-pound sacks, 35a40; car- rots, 100, 2.00a3.00; celery, crate, 1.25a 2.25; caulifiower, crate, 1.0Qa2.25; cu- cumbers, bushel, 2.50a3.25; eggplants, crate, 3.00a4.50; lettuce, iceberg, crate, 2.50a4.00; lima beans, bushel, 1.50a 2.75; mushrooms, basket, 25a50; onions, 50-pound sack, 90a1.25; peas, bushel, 2.00a3.00; pumpkins, 3a8; pep- pers, hamper, 30a50; spinach, hamper, 25a30; squash, bushel, 2.75a3.00; to- matoes, hamper, 20a65; turnips, ham- per, 15a25; apples, bushel, 20a1.25; cranberries, box, 2.50a3.25; grapefruit, box, 2.25a3.00; grapes, Concord, bas- ket, 30a331z; honeydews, crate, 1.25a 2.00; oranges, box, 3.00a3.75; plums, hamper, 50a1.00; pears, bushel, 1.25a 2.25. Dairy Markets. Live poultry—Young chickens, broil- ers, 18a23; Leghorns, 18a20; hens, 16a 23; roosters, 13al4: ducks, 15a17; guineas, young, 45a50; turkeys, young hens, 25a28; gobblers, 22a25; thin and crooked breasts, 18a20. Eggs—Nearby current receipts, per dozen, 33a35; hennery whites, large, 40; medium, 35a38; Southern, 30a32; receipts, 937 cases. Butter—Prints, per pound, 30a30'5; good to fancy, creamery, per pound, 27a28; store packed, 16al7'z; rolls, 19'2a20; receipts, 558 tubs. Sea Food. Bluefish, per pound, 5a10; butters, 5al0; carp, 3a5; catfish, 5al0; eels, 5a7!,: flounders, 3a6; perch, white, 6210; yellow, 6a10; salmon trout, 6a7; croakers, box, 1.50a2.50; gray trout, pound, 6a7; rock, 7':al0; clams, per 100, 25a75; snappers, 6al0; shrimp, spots, per pound, 5al0; crab meat, pound, backfin, 35: special, 30: regular. 20: claw, 15: crabs, per barrel, 4.50a7.50; soft crabs, emall, dozen, 35a50; medium, 60a70; large, 1.15a1.35; frogs, dozeu, 1.50a3.50. Tobacco Market. Maryland leaf tobacco, firm; leaf, nonedescript, 3.00a4.00; common, 4.00a 10.00; medium, 10.00a30.00; good, 30.0a40.00; fine red, 50.00a55.00; seconds, common, 3.00a5.00; medium, 8.00a18.00; good to fine, 18.00a45.00. 4.~ Live Stock Markets. (Quotations obtained from local D. C. TUESDAY, Bureau United States Depariment of Agriculture.) (Cattle—75; market nominally steady, scattered lots low cutter and cutter cows, 3.50a4.00. Calves—50; market steady: few good and choice vealers, 10.00a11.00; odd lots common and medium grass calves, 5.00a6.50. Hogs—150; quoted about 15 cents lower than Monday; good and choice, 150 to 200 pound averages, 9.85a10:15; top, 10.15; 210 to 250 pounds, 9.40a 9.85; 120 to 140 pounds, 9.85a10.05; good packing sows, 8.25a8.60. Sheep—650; trading not fully estab- lished, but undertone higher on lambs; better lambs held around 10.25 and above; few lots common and medium down; Jate Monday bulk better grade lambs sold at 10.00; a few, 10.50. Grain Markets. Settling prices on grain: Wheat— No. 2 red Winter, garlicky, spot, do- mestic, 95; November delivery, 95. Corn—No. 2 yellow, domestic, 90; cob corn, old, 4.50 barrel, nominal. Oats—No. 2 white, domestic, as to weight and location, 43a48; No. 3, 42a47. Rye—Nearby, No. 2, 65a70. Barley—No. 2, 60a65. Hay—This is the in-between season for hay on the Baltimore market. Stocks of cld hay on hand are gen- erally small, but ample for require- ments, and prices are mostly nominal at a range of 9.00a12.00 per ton for good timothy and clover mixed. New hay is expected to arrive shortly and grading and quotations will be re- “sumed. Straw—Markets for straw generally quiet, with values fairly well main- tained at 7.00a8.00 a ton for both No. 1 wheat and No. 1 oat. Mack Truck Inc—Deficit, nine months ended September 30, was $603,553 vs. net income of $167,251. MONEY—— to LOAN No Commissions—No Renewals COLUMBIA PERMANENT | BUILDING ASSOCIATION 733 12th St. N.W. NA, 0352 grades, 6.50a9.25; siaughter ewes, 4.50 | NOVEMBER By the Associated Press. CHICAGO, November 5.—Moved chiefly by failure of Canadian wheat export demand to develop in larger volume, grain prices here - tended downward early today. Liverpool wheat quotations were lower than due. Opening %-% off, December 97%- 98, the Chicago wheat market then sagged further. Corn started un- changed to 4 lower, December, 58%; -~ 3, and for the time being altered little, Setbacks of prices later carried Chi- cago wheat values down at times to about 1%; .cents a bushel below yes- terday’s finish. One market authority said what was happening in the wheat trade had become almost altogether a tale of two cities, meaning Liverpool and Winnipeg. Aside from price fluc- tuations in the British and Canadian markets, little else attracted much no- tice except that Europeon political developments were being closely watched, although not an immediate factor. Persistent selling in small amounts did much to overcome any rallying ALL BONDS—-STOCKS t—Sold—auoted Any Security 1Shed ‘Upon’ Reauest LOWE & CO., INC. Investment Blds. (Lobby) Nat. 4126 tacy Fu Morigage Money on D. €. and Nearby Maryland Real Estate Prompt attention. given to all applications. SHANNON & LUCHS 1505 H S». NW N 45 FINANCIAL, tendency of wheat. Under such cir- cumstances, friends of higher prices made little headway at the moment, despite suggestions that on technical grounds alone the market was entitled to a recovery of 5 cents from the re- cent low, or to about the dollar level or over for May. Corn and oats showed relative. steadi- ness, compared to wheat. Rainy weather reduced corn receipts, Provisions weakened with hog values. vnfl Grain Prices. LIVEREOOL November | 5 . —Wheat tutures closed ensz. L 0 T o e, December 203 an 80 March . M xchanse. 4. United Biscuit Co. of America— Company called for redemption on January 15 1,060 shares of preferred stock at $110 a share and accrued dividend. APPLICATION INVITED FOR F. H. A. Mortgage Loans To be insured under the terms ‘of The National Housing Act FREDERICK W. BERENS 0 McLachlen Bldg. wi Phone N Correspondent for Pask_and Walbridge Members New York Steck Exchange New York City Security Mutual Life Insurance Co. Binghamton, N. Y. DIRECTORY COMMODITY BROKERS B oo 3 m"fif’f"‘“ S 2258 WA 8800 ® e’ RUBBER—HIDES—ME: -METALS—8| E‘emmu Cnmmoalu lxcnnnrc lnc ?ROPERTY managemen! a specialty with us—for wh we have a thoroughly organ ized department to take charge of apartment house and resi- dential properties. Interestingly nominal B. F. SAUL CO. 925 15th St. Nat'l 2100 fee. Mortgage Loans SALES OF LAFAYETTE CLIMB AS P Bmerica as X-Ray System lets Buyers see with their own eyes that LaFayette is the ONLY car T T ppTe———r— ~ BUYERS COMPARE IT WITH OTHER LOW-PRICED CARS Sales double and triple in cities and towns across confidence and at the same time has | broken car on_ track.” Truck e s e fed comeback lambs. brought large sums of money bach'r- supplies liberal: demand verv slow: best held, 9.80810.00 into the bank vaults. Today's report will be most grati- fying to Washington bankers. Their only regret will be that they cannot | put the increased funds out at more | satisfactory interest rates. Today’s Trading on Exchange. Washington Gas 5s, 1958, were in the best demand on the Washington Stock Exchange today of any issue on| the board. Five $1,000 separate sales | ware recorded at 105, Washington Gas Bs, 1960, came out in a $1,000 transfer at 118, ‘Washington Railway & Electric pre- ferred stock figured in two 10-share and one five-share sale today at 107. ‘There were no sales in Washington Railway & Electric common stock, | which jumped into the limelight last week when the North American Co. announced s plan for putting out new stock In the place of this issue. The bid, however, moved from $600 a share to $650. None was offered at any price, yesterday's $800 asked price not appearing today. | Stockholders of Emerson Bromo- | Seltzer, Inc, have been called into extraordinary meeting November 18 - at the offices of the company in Balti- more to consider merger of the Emer- son Drug Co. of Baltimore and Emer- son Bromo-Selzer, Inc. The proposed merger has been approved by the board of directors of both companies, ‘The “A” stock is listed on the Wash- ingtou Exchange. Heard in Financial District. A special feature of the American Bankers' Association convention at New Orleans will be & series of con- structive customer relations confer- ences which will serve as a clinic for the consideration of experience and practice in this field. Several devel- opments have occurred during the year in the Nation-wide customer re- lations program of the association, it | & is stated, which will be discussed for the first time in a national way at the coming convention. Charles W. Smith, attorney and cer- tifled public accountant of Baltimore, will address the auditors' section of the District Bankers’ Association at an open meeting this evening at the Ham- dlton Hotel on the “Social Security Act.” Dinner will precede the address. The meeting date was moved up from November 14 to accommodate the guest speaker and also for the con- venience of the delegates to the New Orleans convention who will be away sl next Theodore E. Gero has become a spe- cial agent with the Mutual Benefit Life of New Jersey, being associated with H. Lawrence Choate, general agent for | & Washington. Mr. Gero, a native of Massachusetts, has resided in Wash- ington since 1918. He is a graduate of the Benjamin Pranklin University, class of 1935. U. 8. TREASURY POSITION. By the Assoclated Press. The numon of the 'x‘rnsury on No— ember | geceipte -xnendnure( 51“ 4. bnllnce‘ 69,193,000.82; o s receipts for ‘year (since July ditu $65:19 of -emergency expenditiires): cess of oxpengl;;m. ST408.204. 766,07 of nsse'.s sn 703 sm: 551 $1.276.070.~ 9513 expendiiures, {..ml.ns,m 59 uncludlnl $1.198. Mfl.,fl 45 of emer- of enendl- tures, $1.095,074,659.: 17 IYDII debt, $27,: 182, 370,698 08; Roid assels, $8,008.057.+ {70 | too few sales revorted to quot Washington Exchange market weak crates. %3a | many uneold. New Jersev. holdovers | te Penncvlvania Spinach Market Dull. SPINACH _Supplies moderate: demand | light: market dull. Marviand and Penn- | svivania. huchel kets 40830 CARROTSNo = carlgt arrivale: one h'o\rn car on matk Sunplies light: de- nd light: market steady. Pennsvivania. Buisher Fatkets “Tapped. wached, oo ORANGES—One Californin friived: one gar diverted: three hroken and three un- broken ears on track. Boxes: California Valencine " 2.00a4 50 Florida. 2.5083.5 accordine tn rrade and size CRAPEFRUIT -~ One Flarida arrived: one unbroken car on track wiorida. boxes. No. 20522 00: Nn o > 50 LE\{OVS-—-CnH{omIn hnus 6.00a7.00, according to grade and 'siz B Penncvlvania. bunched, 25230. ‘nCOLLAHDS—VlrvInIn bushel baskets, KALF—Virginia, bushel baskets. 40. TURNIPS—No carlot arrivals: one unbroken car on frack. Pennsylvania, bushel baskets, 40850 PARSNIPS — Pennsylvania. %-bushel hampers. 40. GRAPES__Three California arsived: two cars unloaded: fve broken and s broken cars on track. California | White Malazas 100a1 25 Plame Tokavs. 1.00a1.25: Riblers. 1.50a £0: Cornichons, 1.00a1.10: Emperor PEARS_No cariat arrivals' one un- broken car_on trark Boxes: California, 25023 00:" Washington, Boscs. Anjous, 2.50a2.75; Oregon, SALES—AFTER CALL. Washington Gas 55 1960—$1,000 at 118. Washington Gas 55 1958—$1,000 at 105, $1,000 at 105, $1,000 at 105, $1,000 at 105, $1,000 at 105. Washington Rwy. & Elec. pfd.—10 at 107, 10 at 107, 5 at 107. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Tel. 4'2s__ Am. Tel &Te] ml lr 51 R City & Suburban 5s. Ge!urxeloun Gas_1sf Wash, Rwy iz Elec. 4s MISCELLANEOUS Barber & Ross, Inc., 6as. Chevy_ Chase Glub '3las Col. intry Club 5151 W. M °Cold ‘storage Be- STOCKS. PUBLIO UTILITY. Capital Transit So. (1), & W. Si Wash. Ry. & El. pfd. Agl__ 107 BANK AND TRUST COMPANY. Wflhlnl'on Am Amer. Sec. & Tr. Co. (8) " 198% FIRE INSURANCE. Amcrlcl!\ 180 Coreoran 2503 20 Firemen's National Unmn 1!10) TITLE INSURANCE. Columbia (.30) Real Estate (6 slaughter ewes. 3 30a B0a4.10; " Solid-mouthed breeders, bulk 5.00. —_— e PARIS EXCHANGE RATES. PARIS, November 5 (#).—Three per cent rentes, 75 francs 60 centimes; 4!, Pper cent rentes, 84.65. Exchange on London, 74.72. The dollar was quoted at 1 First Mortgage Notes 6% Interest Secured on homes in the District of Columbia. Wm. H. Saunders Co., Inc. 1519 K St. N.W. Dist. 1015 MONEY FOR CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTIES 5Y2% FIRST DEED OF TRUST ONLY GEORGEI. BORGER Successor _to the business of JAMES F SHEA 643 Ind. Ave. N.W. Construction Loans In the Distriet of Columbia and Nearby Maryland and Virsinia. WEAER 2R3 Loan Correspondent Metropolitan Life Insurance Company Washington Blds. DI. 9186. First Mortgage Money For CONSTRUCTION LOANS D LOANS ON IM- PP.OVED RESIDEN. TIAL PROPERTY 5v2% Lan: M"‘l'nn:l‘;l“ Bun?z (6.50) 1;’: cobies Bruk 8, pid, (6507 113 sec‘érlty swwfl. 5)_.. . og Ter TR )] LR L 4’1??. 113% idend. *Ex divi 125 cents exirs, Fiat, Prompt action B. F. SAUL CO. 925 15th St. Natl. 2100 | in the lowest-price field with ALL ef the VITAL engineering features of the highest-priced carsl EVEN TWO OF THESE HUMAN PILE-DRIVERS, from Chicago Bears' mammoth backfield, would fill the front seat of any other low- priced car! LaFayette is MUCH wider! MORE HEADROOM THAN IN CARS COSTING OVER $2,000 This picture shows you how MUCH more headroom you get in LaFaye ette! It'ssafer...more comfortables OVERSIZED HYDRAULIC BRAKES BIG ENOUGH TO STOP A TRUCK! Hydraulic brakes as large as those on one of America’s fastest-sclling 1% ton trucks. Safer . . . and so big they won't need reluung for years. 1 WORLD’S FIRST COMPLI;TE SEAM- LESS ONE-PIECE STEEL BODY LaFayette and the New Nash “400” have a seamless all-steel top, steel floor and steel body with girder.steel frame! Safer « + o will stand up years longer. 1936 LAFAYETTE 595 hidden differences INSIDE all cars: So thay you could see that LaFayette has the vital, long- life engineering features that manufacturers leave out of their LOW-priced cars, but a/ways include in their HIGH-priced cars! Perhaps you don’t expect all of these vital features in a low-priced car? Perbaps you don’t expect a cir as big, as roomy, as safe as this new 1936 LaFayette? But perhaps you've been expecting TOO LITTLE all along! You car buyers are the real winners in this fighe Nash is waging for dominance in the lowest- price field: So see the 1936 LaFayette—and the X-Ray System—at any Nash-LaFayette showe room before you put the same amount of money into any other car! The Nash Motors Compaany, Kenosha, Wisconsin: @ Announced just a few short months before this story went to press, the remarkable new 1936 LaFayette is already a sensational success! And there’s just one big reason for it. ‘Without regard to present profits,Nash— one of the four financially-strongest manufac- turers in the industry—is out to win a large share of the low-priced car business on value alone. And to do this quickly, we made LaFay- ette the first car : : : the ONLY car : .. in the lowest-price field with all of the vital en, neering features of the highest-priced cars! We didn’t ask buyers to accept our claims that this was true. Because we know that «// claims are taken with a grain of salt. Instead, we developed the X-Ray System . . . so that you could SEE with your own eyes the surprising, and up, fob. factory. Convenient terms, new low rates through the Authorized Nash-C.I.T Finance Plan, 1936 Nash “‘400,” Standard and DeLuxe models, $665.and up, f. 0. b. flaory. Big, luxurious 1936 Nash Ambassador models in two series $835 and up, f. SEE IT AT THE AUTO SHOW! Distributor WASHINGTON MOTOR CAR COMPANY, 2035 17th St. City Dealers: WILLIAMS & BAKER, INCi..ceeuucceee..1509 14th St N.W, factory. Calvert Exhibit Hall, 2701 Calvert St. N.W. Inc. N.W. Suburban Dealers: BETHESDA, -Blake D. Merson HARRISONBURG, VA..... -Harrisonburg Wrecking Co, SILVER SPRING, MD —--Potter Nash Motor Co. PREDERICKSBURG, VA.ceceemenececennenaen----Park Motor Co.