Evening Star Newspaper, August 21, 1936, Page 17

THE EVENING STAR, WASHINGTON, D. C, FRIDAY, AUGUST 21, 1936. CURB LIST HEAVY; DECLINES ABRUPT Losses Range Up to 7 Points—Few Offerings Move Against Trend. By the Assoclated Press. NEW YORK, August 21.—A num- ber of curb issues slipped into air pockets today and plunged down abruptly. ‘The general list was heavy. Aluminum Co. of America fell about 7 points and showed no im- pressive rallying power in late trad- ing. Gulf Oil dropped more than 3 and likewise met little support on the decline. Losses ranged from more than a point in Electric Bond & Share, American Cyanamid “B,” Creole Petroleum. Lake Shore Mines, American Gas & Electric, Niagara Hudson Power and Wayne Pump. Only a few stocks moved counter to the downward trend. Pittsburgh Plate Glass held an early gain of around 1% and Pioneer Gold, Sher- win-Williams and Montgomery Ward “A" ruled slightly above the previous finals. fractions to BITUMINOUS DUMPINGS INCREASE AT CLEVELAND 8y the Assoctated Press. CLEVELAND, Ohio, August 21.— H. M. Griggs, manager of the Ore & | Coal Exchange, reported today dump- ings of bituminous during the seven | days ended August 17 at 1,441,302 tons, | an increase of 39 per cent or 410,290 # tons over the 1,031,012 tons in the corresponding week last year. Loadings so far this season total 23,803,416 tons, as compared with 20,- 251,276 tons in the like period last year. Loadings for the latest week were | 1,398,191 tons of cargo and 43,111 tons FINANCIAL., By Private Wire Direct to The Star. Stocks ana Sales— Dividend Rate. Add 00. High. Low. Close. Adams Millis 1st pL(T) . 1106 106 106 Aero Supply Mach (A) (337%¢c) .. 2 25 25 25 AeroSupply (B).. 8 384 8% ¥ Ainsworth (2) ... 4 66 83 63 Air investors Inc. 1 8 3 3 Alabam Pw pf (7) 808 80 Ti¥ 9N AllenIndus (t1).. 1 23 33 33 Allied IntlInv _. 1 14 1% 14 Allled Pro(A)1%. 1 22 22 22 Alum’'n Coof Am 450» 130% 128 123 Aluminum Co of Ampf (1%).100s 119 119 119 Alum Goods t60c. -1 17% 173 17% Am Capital (B)-.. 2 1% 1% 14 AmCP&L B (a20c)" - 14 T4 64 6 AmCynam B60c. 23 33)4 33 33 Am&ForPwww. 8 3 3 3 Am Fork & H (1).100s 21 21 21 Am G&E (1.40) 15 4434 435 43} Am G&E pf (6) 2. 26s 112)4 112} 112} AmGenCorp . .. 5 9% 9 9 Am General pf 2131508 38 37 37 Am Gen pf (2)... 60s 38% 383%§ 383% Am Hard Rubber 200s 32 32 32 ‘Am Laun Mch 60c & .26} 25 25 Am Lt&Tr (1.20). 1 22y 223§ 22)4 Am Mfg Co - T5s %0 - 30 30 Am Maracaibo_ 5 1 % % Am Meter Co 2 26 283 23 Am Superpower__ 80 24 2% 24 Am Superpwrpf_. 4 484 43 43 Anchor Post (d).. 8 2% 2% 2% Angostura (20c).. 8 8% 5% bl Avex Elec Mfg___ 1 2634 26)3 2634 Appalachian Eles Pwr pf (1) -._. 108 11034 1103 11034 Arcturus RadioT. 1 1§ 14 1% Ark NatGas ____ 16 6% bl 5% Ark NatGascupf 80 9% 9% 9% Ark NatGas (A)_. 21 8% 6)§ by Art Met Wks 60c_. 81 13 12 12 Ass0G & Elec 2 1K 1K 1K Asso G & E (A) 9 1% 1% 1% AssoG&ES3DI_. 1 113 113 1% Assoc Invest 113 4608 4635 46y 45bg AUl Coast Fisher 19 9% 8 Atlas Corp (a80c) 56 14l4 13% 13% Atlas Corp war . 16 2l§ 2 2% Atlas Plywdads0c. 2 113§ 1l}g 113§ | Austin Silver 6 14 s 1% Auto Products 2 v s 9 Bauman (L) 7% ist pf _. 208 66 6 66 BellancaAireraft. 2 2% 2§ 24 Berkey & Gay Furniture Co. 33 | Bickfords Inc (1). 1 | Black & Decker .. 3 Bliss Co (E W) 5 Blue Ridge Callc 6 Blue Ridgecvpf3 1 | Blumenthal S . 4 Bohack (H C) 508 Bohack HC 1st pf 90s of fuel coal. Sharp gains continue to be marked up for the movement of iron ore. For 18 days this month 31,291 cars loaded at the docks for movement to furnaces. This is a gain of 47 per cent over the 21,262 cars in the same period last year CURB BONDS | DOMESTIC BONDS. High. Low. 1pm. RRV, KK 8K Alabama Pw Alabama Pow. 5 Alacama_Pow, b Am Cm Pw 5'a: i 5 s s TN s 10013 1 1 o 10: 5 i 3 91} a6 412 4 11542 11 i @ Cont Gak 1 103353 10: Georgla Pw G & a 58 '78 = Glen Alden C 4s '65__ 55 48 A Indiana_Ser Indrp P&L 5% L DALABRD VAN 9P Iy P i 0 a53 0612 108% 108% BONDS. ata 69t 69% 72 T 7T2a 003, 58% ag 5" 15 " 1B 6%s A C 63% 63% 63% ww—With warrants. xw—Without war- Tant: n—New. wi—When issued. st —_Stamped. R Nerotiabiity imoaired by maturity. ICompanies reported in receivership, 712 97l 0033 10034 1 58 BRY 25° 3; i# 19 3538 101 03 18, 103 103 19-3 1, * lrl‘hz 103 18-3: ls 1 104 12.3: 15. 104 104 21-3 i 18 4% 19157, } 1615 10 142 g e I 180 e i i 100403 1004348 3, 10634 10624 | M | | Catalin Corp 8 9% 9y wy | Celanese 1st pf(7) 75s 103 103 103 Cent HG&E vie (80c) O N R Central Pwr & Lt 1% pt (315) 126s 78% 784 78% Cent&S W Util . 2 24 24 234 “eut States Elec 17 24 2% 24 Cent States Elecconvpf 2bs 30 30 30 Cent Siates Elec 6% pt S 25s 2134 214 214 Central States Electric 7% pf 7508 513§ 49 d9% Centrifugal P 40c. 1 % % 4% Charis Corp(132) 1 16 16} 16§ Chi Flex Shaft 12 2000s 2% 51 b1% | Chief Consol 3 % U u { Childs Co pt 268 4613 4615 46ly Cities Servi 64 4% 44 4k | Cities Servicepf_. 4 b9 5815 58l§ | Cities Sve Pwr 2] &Lizht$6pf _. 80s 61% 61% 61% | Cities Service Pwr& Lt$7 pf 60s 69 69 69 City Aut Stpg 60c 9 16 16} 164 Clev Tractor _ 1 8% 8% 8y Club Aluminum_.. 1 24 2% 24 Colts PRA (1%). 2 4y} 48l 48} Columbia Gas & Elev cv pf (5) 1025¢106% 103 103 ColumbOfl & Gas 10 3l5 3! 3% Com'with Eo (4 6106 106 106 Com'with & S war 20 % Community PL Istpf ___ 258 38y 38 38l CommunitWatS. 7 2 2 2 | Borne Scryms 50¢ 12008 | Bower Roll B (1) 20 Braz T L&Padvc 2 | Bridgeport Mach. 15 Brill Corp (A) 2 Brill Corp (B)_ 1 Brill Corp pf 2008 | Brit-Am Tob cou k B (a7 i-10c) . 10 Brown Co pf 508 | Buckeye P L (3) 2008 Bulova W cv pf_. 1008 Bunker H&S 12 ._ 275 Butler Bros ... 12 | Cable €1 Prod ve. 1 | Can Indus Alco A 1 Can Marconi 12 | Carib Syndicate - 10 Carman&CoB _ 1 | Caro L& P pf (T) 108 Carrier Corp - 66 Casco Products _. 1 3 5 Stocks and Sales— Dividend Rate. Add 00. Gen Telcvpt (3). 1 Gen Tire & Rub .. 26s Georgla Pw pf (6) 26s Glen Alden C (1) 12 Godchaux Sug(B) 1 Gorham vtcex(1). 2 Grand Nat Film: 3 Gray Tel PS (1).. 8 Great Atl & Pac Tea 1st pf (7)_.1608 Great Northern Paper (1) _.100s Greenfleld T&D_. & Groc Store Prod 8 Guardian inve: 1 Guiroil (1) - 18 Hall Lamp (a20c). 2 Harvard Brewery. 2 Hazeltine (3) 1 Hecla Min (60c) .. 3 Hollinger (t60c) .. 26 Horn&Hard 11.60 1268 Hudson BM&S (1) 9§ Humble Ofl (11)_- & Huyler's of Del 7% pf stp «d) Hydro Elec Secur. 2 Hygrade Food __. 1 111 Pwé&Lt $6 pf_. 3008 1mp Of1 Ltd coupon (150¢c) .. 8 Imp Tob Gt B&I (a81 2-5¢) 1nd Pipe Line 40c_ Indiana Sve 6% pt intl Hydro Elec System cv pf Int Mining (60¢) . intl Mining war .. Intl Petro (t1%). Int Safety Raz(B) intl Utdl (B) Intl Vitamin t40c. Interstate Hos(2) Interstate Power (Del)pf . __ 108 Iron Fireman (1).100s irving AirCh (1). 1 1tal Superpwr(A). 6 Jacobs(F L)Co(1) 1 Jersey Cent P& L 5% % of Jersey Cent P& L pf(6)- Jersey Cent P&L(T) Jonas & Naum. Jones &Laugh S Kans City P S vte. Ken-Rad T&L(A). Kingst'n Prallc.. Kirby Pet (20¢) - Kleinert Co(120c) Knott Corp(allc). s (SH) spec Pt (60c) _ Kreuger Brew (1) Lake Shore M (4) Lakey Fy & Mach Lefcourt Real pf Lehizh C&N(30¢) Leonard Oil Lion Oil & Ref.. Lit Brothers Lockheed Afrcraft Lone Star Gas 40c Long Island Light Loudon Pk n t50¢ La Land (40c) _ Lynch Corp (2) McCord Rad (B) McWms Dredg(4) 80s 3005 1608 . &0s 208 e e Niagara Hudson Pwr (B) war Niag Sh MdB a10c Niles-Bem-P a50c Noma Elec (a40c) Compo Shos : Mach stc(50c). 1 orth AmLEP pt T00s Consol Afrcrat 9 North'n [nd >ub e “8ve % pf (3) 608 Consol Gamat 5 North Pipe L(30c) )1 Cooper Bessemer_ 87 RSt ‘: Cooper Besspf A_ 1 { Novadel AR (2) 2 éo;':‘c'o';’"" A Ohto Brass(B) (1) 100s hdon : s Ofl Stks Ltd f40c. 1 > yn 10 Okl G Cosder Ofl Me (d) 23 iom e Okla Nat Gas pf__200s Cosden&Me f (d) 8 o Courtlds a35 3-Gc- - 1 Styme Distil-_ 8 e » Outboard Mot (A) 4 - Outboard Mot (B) 1 CEausCOpEET) < E88 Pacific Eastern 5 Creole Pet (a25c). 7 Pacific Gas & Eleo Crocker W heeler_ 8 3 DI (1.37%¢) 2 Croft Brewing 7 %| pacificG& B Crowley Milner 1 3 15t pf (1%) 2 Crown Cent Pet._. 1 14| pac Public Sve ... & Crown Druga2le. 1 é| Pan-Am Alr (1) 4 Crystal Ofl Ref __ 3 Pantepec Ofl 2 Cusi Mex Mining_ 6 Param’t Hfllo;!"_ 2 | Dayton Rubber... 1 Peninsular Tel(1) 300s Derby Oll& R __ 1 Penins Tel pf (7)_ 25 Detroit Gasket(1) & Pennroad (b20c)-. Detroit Gray fron Penn P& L (6)_._ 208 Foundry (20c) 2 Penn P&L (7) _ 408 Det Steel P(a25e) 3 Pepperell Mfg (6) 40s Diamond Shoe(1) 225s Phoenix Secur . 4 Dictograph(alsc) . Pie Bakeries(60c) 4 Doehler Dle-_ Pierce Gov (al5c) 1 Casting (as0c)- 1 Pioneer Gald Mines Dow Chem (2.40). 2 Ltd (80¢) o Dubelfer Condens. 27 Pitney Bowes 40c. & Duke Power (3) __ 253 Pittsb’gh Forging _ 2 Duval Tex Sulph_. & Pitts& L E t2% . 708 Eagle Pitcher Pittsb’gh PG(t2). 1 Lead (al0c).. 1 10 103§ 10| Pleas Val Wine _. 1 East'n G&F Asso 2 6% &% 64| Ploughlinc (1.20). 2 East'n Gas & Fuel Potrero Sugar __. 6 orior pf (4%) 50 72 72 72 | Powdrell& Alex_. 9 Eastn States Pwr. 1 23§ 2)§ 2| Premier Gold t12c 10 EastnStaPw (A). 1 87 37 87 |PressedMet1%% . 2 EastnSta Pw(B). 2 39 37 37 |ProsperityCo(B) 6 Easy Washing PubSvsIndpf _. 10s Mach (B) t506 8 123 12% 123 | Pub Svs [nd pr pf 1608 Economy Grocery Puget Sound Stores (as0c)- 60s 17 17 17 P&Lpf (5) . 1268 Eisler ElecCorp.. 2 31 3% 83| PugetSound Pwr Elec Bond&Share_ 276 22 20% 21 &Lt36 D ____ 3268 Eleo Eslat&ghnlllil)). K :” 72| Quebee Power (1) 3258 - L) 2 Ry&Lt Sec(a25c) . 258 El Pwr Assoclates 6 11§ 113§ 11 , i El Pwr Assochre 1 87 't 38| Bay s Elec Pwr & Lt Rayethon Mf§. 2dpf(A) _ ___ 26s B8 58 68 | ped Bank Elec Sharehold Reed R B new 1 pfww (13) _ 50s 97 97 Reynolds invest—. 6 Electrographic t1. 1 17% 17% 17%| Richfleld Ofl of EmpG&F 6% pf_.2000 62 6134 614 calif pf (d) N EmpG&F 1% pt 150s 63% 6138 614| picnm'a Radiator. 2 EmpG&ES% pf_ 50s 673 674 67| Roogevelt Field . 2 Emsco Derrick(1) 2 19} 18} 18% | oot Pet'm(azse). 8 EquityCorp . /0 2§ 2 2 | puogekfth Av(l). 2 EurekaPL (4)___ 80s 43 43 43 | pustiess ir & Stl. 19 European Electrio Saf Car H&EL (4)_.. 50, Ltd bd rts - % % |8 e vt Ex-CelloAlralio. 2 174 17 17| 3¢ Resls Paver - 08 Falsaff Brewery. 1 8¢ 84 84| galtCresk P(80c) 1 Fanny Farmer Secur CorpGen__. 1 Candy (50¢) ' 1 16} 16 16| Segal Lock& H _. 11 Fedders Mfg(1%) 8 28 28 28 |gejberling Rubber 6 Ferro Enamel (1). 6 8 34% 35 | gelby Shoe (2).-.. 508 Fidelo Brewery . '3 % % _%|gelected indus_— 1 Fire As Phila (2). 60s 7614 7634 7634 | gelected Indus Fisk Rubber __. 2 64 6% 6%| glottctfa(bih) Fisk Rubber pf_.. 260 69 69 89 g Ford Motor n 1 (Can) A (a76e). T 203§ 19%. Ford Motor ok (Cany B (a750). $0s T4 Bl 23| seomeny o 2 Ford Motor Ltd Shenand'h Corppf 1 (@181-10c .. M 8§ 8% 84| gnerwin-will (4) 480s Gen Firep'f (40c). 3 17 16X 163 | Singer Mfg (16) - i0s Gen Gas & Elec Smith Corona vte. 3 convpf (B) .. 80s 41 41 41 | Sonotone C(allc). 4 Gen InvestCorp.. 2 1% 1 1 | Southn Calif E4 Gen InvCorppf .. 19 60 604 60l of (C) 1%) . 1 Gen Out Adv of 25s 9834 9314 93)4 | Southl'd Roy 400.. 1 Gen Rayon LtdA. 1 14 1 14 Spencer Chain Gen TeleaSle. ... 3 17 17¢ 1 8 (60¢) e~ ¥ NEW YORK CURB MARKE High. Low. Close. 2 Mangel Stores .. 2 6}y Mangel Stores pf 120s 62} Marion SteamSh 1 8% Masonite Corp 12 150s 94 Massey Harris z 4 Master Elec (60c) 115 Memphis N Ga2vc 11 6% Merch&Mfr Aalic 2 7 Merritt Chap& S & 7 Mich Gas& Oil .. 4 3% Middle States Petrol vtc (B) 10 1 Midl'd St Prod(2) 1 24 Midvale Co (2) 2bs 53%y Mock Jud Voe (1) 127 Mohawk Hudson 1stpf (4) . 126w 983 Mohawk H 2d pf 2268 88 Molybdenum Corp 8 7 Mont Ward A (7) 20s 150 Moore Dist (150c) 2 8% Mount Prod (60c) 1 o Mueller Brass 80c 15 343§ Nachman Spring- . ° field (a75¢) . 1 17% Nat Auto Fib(11) T 8 Nat Bella Hess _. 30 2} at Cont pf (2) _. 50s 85 Nat Fuel Gas (1)_ 10 195 Nat Gypsum (A) 1 83 Nat Oil Proda3ic 1 273 Nat P & Lt pf (6) 400s 86 Nat Rubber Mach 2 4i§ Nat Transit (75¢c) 1 104 NehiCorp _...... 2 11 Nelson(H) (a25c) 1 18% New BradOaloc. 8 3 Newmont Min (2) 2 85} N Y & Hond (t1) 150s 28 N Y Water Sve pf 208 52 Nlag Hud Pwr _ 65 154 2% 3% % L] el 1003 4% 4135 b1% 2 89 15 19 165 34 20 24 1134 | ended August 19, 1936, were reported 3| Bills discounted T 'crl 1 - —11 ofal reserve bank | ppcreait ke - 2457 —20 —11 Shetary €0 o S 10878 417 +1.489 LY'II!H’)l tur{enc 2,499 +1 -7 oney 1n ciren tion _ ——-- 6184 414 +610 Member “bank re- serve balances 6,229 +113 + 038 Treasury cash and i deposits with F. N R. banks __ 2.625 —13% —07 Non - member de- | posits and other F. R. accounts. 597 +5 +107 258 g¥ppe- F ! steady, 11 to 12 lower. [ cent offered § 2 3 a3t EXCESS RESERVES DWINDLE IN WEEK Total Reserves Advance at Same Time Due to Treas- ury Cash Withdrawals. By thc Assoclated Press. Official figures on Saturday’s in- crease in bank reserve requirements revealed that excess reserves dwindled from $3,170,000,000 on August 12 to about $1,810,000,000 on August 19, & reduction of $1,360,000,000. The Federal Reserve statement for the week ended August 19, showed an increase in total reserves of $113,- 000,000, carrying them to a total of $6,229,000,000. The increase was the result of withdrawals by the Trea- sury from its deposits of cash with the Federal Reserve Banks and their subsequent dispersement into the channels of trade. A total of $134,000000 was so treated, resulting not only in the in- crease in reserves but also in a rise of $14,000,000 in money in circula- tion. Also entering into the increase in total reserves was a gain of $17,- 000,000 in monetary gold stock. The statement said: “The daily average volume of Fed- eral Reserve Bank credit outstanding during the week ended August 19, as reported by the Federal Reserve Banks, was $2,476,000,000, unchanged | from the preceding week and practi- cally the same as reported for the corresponding week in 1935." Changes in the amount of reserve bank credit outstanding and in related items during the week and the year as follows: - (In millions of dollars.) Aug 10, Aug 12, Aug:l, 1936 5 1936 Bills bought__ U. S. Government securities _____ Industrial advances (not including 23 million com- mitments Aug. e 29 Other reserve bank edit NEW YORK COTTON NEW YORK. August 21 (#).—Cotton was quiet but rather irregular today, with an early advance on unfavorable | weather reports followed by reactions under realizing and scatttered selling. | December, after selling up to 11.74, re- acted to 11.66, and was holding around 11.70 in the midafternoon market when | prices were about net unchanged to 2 points higher. The market eased in the late trad- ing under increased liquidation and general selling, futures closing barely | October, 11.5 December, 11.56-57; January, 11.58n; March, 11.65; May, 11.66: July, 11.62n. Spot quiet; middling, 12.02. Futures closed barely steady, lower. 4 October December January March May 3 JuJly 1 Spot_aniet: middling. 12.03. n—Nomin 11a12 B 22230 % U. S. TREASURY POSITION. the Treasury August 19 The position 875 1 of Xy 206,445 43; balance. toms receipts for the he fiscal year to date (since 642.058.65; _expenditures. including ' $228,105.835.- : excess of | 016 842.40: gross dekt. | = a decrease of $1.134.- from the previous day, gold as- 10.678 424,127 e MONEY MARKET. NEW YORK. August, 21 (P.—Call money steady: 1 per cent all day. Prime | commercial paper. 3, per cent. loans si~ady: 60 days-6 months. Bankers acceptances U Rediscount rate New York Re- 113 per cent changed erve Bank. Stocks and Bales— Dividend Rate. Add 00. High. Low. Close. INSTALLMENT XIV. EEDS McCUNE felt that Joan might have reason for her belief that Dr. Sloan would be “different” after overcom- ing his supposed dread of the ocean. However, the young man was not pre- pared for the demonstration that came his way shortly after lunch. The older Elledge had not appeared at the table. He was resting, according to the explanation that Dr. John man- aged to offer every one in the dining room. Sloan definitely was not the one Deeds expected to see when he called & cheery “come in” in answer to a tap on his door. Elledge wore a freshly laundered white shirt and white ducks. His canvas shoes were spotless. For an instant he stood motionless in the doorway, his gray eyes traveling around the room as he fingered the | ribbon* on which his spectacles | dangled. “Come in, doctor.” Sloan closed the door behind him | and walked to the rocking chair be- | side the window. Deeds was con- scious of a little ‘tingle of anticipa- tion, a quickening of his pulse. He attempted to imitate his guest's air of calmness. “I was glad to see you in the water | this morning,” he offered civilly. “I| hope you've felt no ill effects.” Instead of replying, the doctor treated him to a level stare, then| asked, “Do you play cards?” “Cards?” Deeds echoed. “Why, I've been known to.” Was he rounding up some of the men of the house for a poker game . . . or something? That inscrutable | face would indicate a worth-while| player. Deeds took a seat on the foot of his bed. Waited. “So have I,” Sloan admitted in a flat tone. “And when I play, I pre-| fer to lay my cards on the table .. .| especialy, when I am favored with an | intelligent opponent.” “Am I supposed to thank you?” “It's not necessary. I've already come to several conclusions about you. May I ask why you have taken 8| so keen an interest in me ... and my brother?” | Deeds considered before replying. He admitted no fear of the man, who- ever he was . .. no physical fear, at least. It was more like facing a skill- | ful fencing adversary, one who might | lunge with an unexpected thrust if he didn’t keep his guard up. | “I didn't know that I had shown any particular interest,” he parried. | “Only to the extent of sending out letters of inquiry.” | “Come now, docto! Deeds gave him a friendly smile. “Aren't you| rather letting yourself in for some- | thing? I haven't been passing my mail around.” | ‘“We won’t quibble. I happen to know the information you received.” | “I'm sure of it. Also that your| brother is clever with his fingers. You might tell him for me that he should wipe his thumbs when he picks pockets . . . on hot days. Sloan waved the suggestion aside with a gesture of his spectacies. “I am perfectly willing to admit that we are using the name of Elledge as a convenience . . .” “They call it an alias where I come from,” Deeds interrupted amiably. He was not at all sure but that he was rather enjoying this. So far he had the advantage. His caller clearly was on the defensive. “The name is a small matter,” Sloan continued imperturbably. “It happens that I am a physician . . . a specialist, in fact. Overworked and in search of rest. Could you appreciate the idea that a professional man might adopt an . . . alias, if yeu prefer ... to escape from the demands of practice?” Deeds reached for his cigarettes and proffered the pack to his visitor. It. was refused with an impatient shake | of the head. He lighted one for him- | self before he answered the question. “I might appreciate it,” he reflected. “But, to be very candid, I don't. Is your brother a physician, too? I know he's a specialist, of course.” Deeds permitted himself a grim smile. “John has a degree,” his brother ad- mitted. “He's more of a laboratory putterer than anything else. That is not quite accurate, either . . . his specialty is making a damned fool of himself.” “Really?” “Quite. I have to keep him about because I'm never certain what he is likely to say or do.” “I can understand that.” “I'm glad. Take our situation here. | It should have been simple enough, as I planned it. But John has an un- fortunate habit of dramatizing things, such as my nervous condition. It's bad enough. but he dilated upon it continually to anybody who would listen to him. I cautioned him, but| it did no good. I knew it would re-| act unfavorably upon some intelligent person . . . like yourself. It did.” | Deeds nodded, as the other man | gyer» studied him thoughtfully. “Of course,” Sloan admitted, “I| didn't help matters by going for a swim—the day you saw me. I might' have kmown. However, it's too late to worry over trifles of that sort. I| confess that I am more interested in what your attitude is going to be. I| should very much dislike having my | rest here broken by any impulsive action on your part. For that rea- son, I'm inclined to suggest that .. .” | “That I promise to keep my mouth | shut,” Deeds helped. “That would be very consdierate, I'm sure.” “There’s only one thing that makes me hesitate. When ! make prom- ises, I'm in the habit of keeping them. 1 should be more inclined to favor ; vou if your methods had been just a | | DAILY SHO! INCIDENTS | RT S10RY | | | { forgivably crude. FINANCIAL, ek ok A-fi little less crude. Tpey don't give me & very good opinion of . . . your family. If you don't object to my being frank. “Not at all. It's much the best pro- cedure for us both. Possibly, you are not to be blamed for your attitude. Poor old John is very much upset over the whole affair. He was all for coming over and making a plea on my behalf . . . in fact, he thought you might be in a position where you would consider a suggestion of hav- ing it . . . made worth your while.” Deeds reached over and rubbed his | cigarette viciously in the ash tray. “I'm inclined to agree with you in your estimate of your brother,” he acknowledged. “He's blest with a lot of nerve . .. among other things.” Sloan permitted himself a tolerant smile. “I told you he was like that, Me- | Clune. You've got to make due al- lowance. John’s past 40 . .. and the chump imagines himself in love. He's difficult enough when he's normal.” Deeds’ brown eyes narrowed as he watched the other man's impassive face. He sat motionless. “All of which goes to show there are | many ways of being a fool,” Sloan | moralized, gently. With a quick mo- | tion, he thrust his glasses into the | pocket of his shirt. His next words were spoken in a changed voice. It| was cold, impassive. | “I think we've dallied enough, Mc- | Clune. You won't promise to keep your mouth shut and you don't wan! money. You're no fool. Neither am L.” | “So what?” | “Several things. I am not interest- | ed in any conclusion you are pleased to draw about me. I have no inten- tion of burdening you with confi- dences, but I would like to impress | you.. . . if it’s possible . . . with the fact that I am accustomed to get- | ting what I want from people. Not | Jjust sometimes. All the time. If you | can adjust yourself to that situation, | it may save all of us . . . some un- | pleasantness.” [ “Am I supposed to pack up and | fade away? Aren't you afraid I| might continue my research from a distance?” | “Oh, no. Because you are not go. ing to leave here . . . matter of another 10 days or so. After | that, it will make no particular dif- | ference where you go or what you | say. I have my own reasons for be- ing rather certain.” “But suppose I did decide to flit?” Deeds persisted. “You won't. After you think it | “Sure!” was the contemptuous re- | tort. “I suppose I would be picked up among the driftwood when the tide went out. Maybe I wouldn't be found at all. Aren't you being just a little dramatic yourself now?” “No. You accused my brother John | <. . I think you had him in mind specifically . . . of being crude. What | you have just suggested would be un- | I fully expect you to enjoy your vacation quite as if | nothing had happened. Play around, ! swim . . . and eat. I quite envy you your appetite.” “But forget what I know . .. about you?” i “Exactly. Simple enough, isn’'t it?” “Too simple!” Deeds got to his feet and faced his visitor, who looked up at him without the slightest change of expression on his lean face. “I think this has lasted long enough, doctor. It isn't funny any more.” “Go on.” “I don’t know whether to ask you say for the | m By Abigail Quigley. | greasy water seem- Square D pf A 2.201508 32}5 82} 32% | Stand C & S 12.40 . 508 393 39% 39% Stand Inv cum pf. 50s 41 41 41 Stand Ofl Ky 1.40_ 10 205 19% 1¢3{ Stand Oil Neb 1 123 1245 1284 Stand Ol Oa25c_. 2 81% 314 31| Stand Pwr& Lt . 3 84 3% 3k, Stand Sil&Ldazec. 3 % 3 % Sterchi Bros . 3 6% 64 64 Sterl'z Brewa2se. 5 6 6 6 Sterling Inc(ase). 14 3% 5% 3% Stutz Motor .. 13 2% 2% 2%| Sullivan Machine. 1 205§ 203 Sunray Oi) (ase).. 4 3% 8% 3% Sunshine Min (2). 20 15} 14% 14 SwissOil (120c).. 4 6 4% 4% TagzartCorp __. 2 334 8% 8% Tasteveast(DeD)A 1 2% 24 2 Technicolor Inc 16 21% 274 27% Tech Hughes 406 7 6 6% 6 Tenn Products . 1 ¥ % ¥ Texas Gulf Prod . 4 4% 4% 4% TexonOil &L 60c. 4 Bl Bl 5l Thermoid Copf - 100s 66 65 65 Thew Shovel Coal. 26s 18 18 18 Tichman R & C- 1 645 6 64 Tile Roof,Inc____. 2 12% 12% 12% Tob Prod Ex(10c) 9 4% ¢ 4 Todd Shipyard (2)200s 48 47 47 ‘Trans-Lux Daylite Pic Sn (20c) 4 W K W Tri-ContiCwar .. 7 3 2§ 24 Tubize Chatilllon. 7 84 8 8 Tung Sol Lamp of (80c)mew _. 1 11% 1I1% 11% Twin Coachaz0c. & 144 134 13% Union Gas of Cana (a22%e¢). 1 1% 11% 11% Unit Afr war 118 18 18 Unit Corp war. 0ot 8 e UnitGasCorp_—. 19 61§ 6% 6% UnitGasCwar .. 1 1% 1% 1% Unit Gas pf($13%) 4 114% 114 114 Unit Lt& Pw (A). 20 73 6% 6% UnitLt&Pw(B). 2 7% 7% T4 UnitLt&Pwpf.. & 68 55 55 Unit Milk Pas0c_. 25s 20 20 20 Unit Profit Share. 1 1% 13 1% United Shipyds B. 1 21§ 2% 24 Unit Shoe M 1215 250 8835 88% 883 US Foil(B)(60c). 8 144 14 144 US&IntlSecur—- 8 2§ 24 24 US & Int Secur Istpf wwil%. 2 90 90 90 US Linespf __ .. 34 2% 26 2% Unit Verde £x (1) 10 8% 38l 3% Unit Wall Paper_. 25 4% 4} 4} Univ Insurance._ 100s 21} 23§ 21§ Univ Products (1)200s 27 27 27 Utah Apex_...... 3 1% 1§ 14 UtHIPwr&Lt.._. 6 1¥ 14 14 Util Pwr & Lt pf 1008 26)4 265 2615 Utility & Induspt. 2 3% 3% Venezuela Petrol.. 1 1% 13 13 10 324 3% 1% Went'w'h Mf1.30. 1 198 193 19% WVaCoal&Coke & 3 3 3 Western Auto Supply A (3)...200s 534 683 53% 108 76} T4 T Statryvie (1).. 3 26 26 26 Westvaco pf (7). Tbs 10136 101} 101§ Williams Of1-O- Matic (a28c) . 9 18 14 143 Wolverine PortC. 3 3% 3 3% Woodley Pet(40c) 2 7% 7% 7% Wright Harg t40c 17 84 8 8 i, i delles sag o0 st ulated rfi | _yesr, ntes R adomn byt L ARY HAR- KINS wrung the dishcloth and hung it over out the pump. The kitchen was hot and the pan of ed unusually heavy as she picked it up and went through the entry to the back door. Little green showed in the scan’y grass of the yard, but there were reddish shoots in the peony bed by the fence. John had spaded up a plot for her vege- table garden only yesterday, but the earth already look- ed brown and crumbled. They certainly needed rain. ) There was John standing at the barn door looking at the sky. Un-|® consciously, she too, strained her| eyes toward the horizon. A faint dark haze was hanging over the west. | It seemed to come closer as she looked. | Her lips moved slowly: “Glory be! It's | comin’ at last” | She hurried inside, banging the‘ door. A sudden blast of wind set the curtains flapping. Through the | window she could see the dust ris- | ing in whirls from the sun-baked | road. “It's here,” she murmured. She hurried upstairs to close the win- dow. The wind was coming in 50 | hard that she could scarcely open | the door into the north room. A | blast of dry, dusty air met her as she went in. She noticed a fine layer of dust on the sill as she closed the| window and ran her apron over it hastily. As she came downstairs she re- membered that the rain barrel was still covered and rushed outside. She couldn’t bear to let ever: the first big, spattering drops of soft water escape. The wind was brutal. When she came back her face felt dirty. Rain would certainly be & blessing. . THE door opened quietly and Johm | came in. Mary looked up from the stove where she was boiling coffee for lunch. John's face was gray; even his hair looked dusty. “Started to rain yet?” she asked. He answered slowly. “It ain’t goin’ to rain, I guess. It's just a duststorm.” “What?” Her thin voice was in- credulous. “That ain’t all—the wheat's goin"” “Going!” Her heart stood still. “Blowing away—the seed. We won't have any crop at all, it looks like.” His voice was tight in his throat. Two years ago it had started. That first, flerce Summer. when the streams had dried to mudbeds, then to pow- dered dust; when the wheat had seared and turned to straw; when the 3% | cattle, scrawny and knobby at the joints, had bawled for water that wasn't there—then' lain down to die. They said the climate was chang- John, eating stolidly. Was it their fault, she wondered? Could they have known that there would be years of drought? Wasn’t this their home? ) . Ammmmmm leaving Mary to set the kitchen to order and try to erase the traces. of the ever-whirling clouds. Her heart felt almost lly sore when she thought of John, how it had hurt him, John's face was gray. aged him years before his time. Idle and helpless, he felt it most. Lately he never talked except in monosyllables, sat frequently alone gazing at noth- ng: | Dark fell early from a sky still | olotted by the fly- | ing soil. Mary, heard the chatter | of the car as John drew up, and she steeled herself for his entrance. She could endure any- thing. she thought, except John's de- spair. Perhaps it was her fault: if Jokn were free he could leave this land, find another homestead where the soil was fertile, where trees grew and birds sang. But John came bursting through | the door, softly humming. and stood brushing the dust from his clothing. | Mary's heart leaped, then beat with steady pride. He was being brave for her sake. And when he was brave she felt no more fear. | He sat down and pulled a much folded newspaper from his coat pocket. “Here's the Weekly Gos- siper,” he grinned. That was his name for the Fairview Clarion. He pointed to an article and Mary read “Jake Timmons back from Missouri | —says farming good in southiand.” « oo I SAW Jake in Duval’s,” John was | lighting his pipe. “He says it's good land. You can raise corn and | a little cotjon and fruit—he had two | crops last year.” “Well, now, that's nice,” Mary said. “Last I heard he and his family were living in a two-room log house, and that didn’t sound good.” John sounded as if he was argu- ing: “It's just like homesteading days. The land’s dirt cheap. Sure, you got to build your own house, but there's lumber, and two crops a year ain't to be sneezed at. A heap sight better'n none at all.” “Well, you know, I never thought of that,” Mary mused. John coughed nervously. “Jake wants me to go back with him—just to look it over. Thought we might ——" He paused and glanced at her to see her reaction; then continued, almost pleading: “It wauldn’t hurt to buy 40 acres or so, and we still have that hundred in the bank. We wouldn't have to sell this place, of course—we could try it out for a year or so.” His voice trailed off. Mary sat staring at the paper. this was it. The gether before her eyes. Missouri. It was a yellow place on the are on the roost,” she said mechan- |to get out . . . or if I should take |you by the scruff of the neck and toss you out. You've said just about enough to .. . to put you in the cheap crook class. Your precious brother has already put himself there. I don't know what your game is and I'm not sure I care. But I've been around a little. I don't fall for bluffs too eas- ily, I hope. Suppose you get on your way. before we forget ourselves and the estimable Jere Kendall puts us out for disturbing the peace. Money for Construction Loans and Loans on Improved Properties 52% FIRST DEED OF TRUST ONLY GEORGE I. BORGER Suceessor to the Bustness of JAMES F SHEA 643 Indi Ave. N.W. First Deed of Trust Notes om Residential AVAILABLE FOR INVESTORS Moss Realty Company Tower Aldc Metro. 1376 y WITH 5% SAFETY There is no safer investment than First Mortgages on seiected Homes. And when vou deposit your money with us. that is the only way we invest | Our investments cover First Mort- gages on real estate in the District of Columbia. nearby Maryland and Virginia. of We shall be pleased on request. a copby financial statement. mail you. our latest Sloan elevated his brows a trifis, but his steely eyes did not waver. “That would be unfortunate for you, my impulsive young friend. You may not believe it, but I rather like you. So many young men are afraid to assert themselves these days . . . barehanded. I am quite able to take care of myself, but I'd rather you didn’t force me to.. And we have not quite finished our talk. Please = Deeds could not have explained his hesitation. He still was unafraid, but there was something in the man's face—sudden suggestion of a hidden threat—that gave him pause. “Well?” he granted, defensively, “Get on with it.” “You puzzle me, McCune. You may be the artist you represent yourself to be. But you're peculiarly come bative for such a role. I haven't the time or inclination to check up on you. As long as you're here, it's une necessary. I'm older than you and my profession makes me a fair judge of character. I take it that you are & normal young man. I wonder if thers may not have been some indiscretions in the past that you would prefer to regret. Wait now . . . I'm speaking generally. We're all like that.” “But we’re not all screwy,” Deeda objected, bluntly. “Lets . .. ” “A moment. What I wanted to ree mind you of was the fact that thesa regrettable moments are not reserved . to men. I trust you get my | meaning. I'm speaking of impulsive. actions, nothing more serious . . essarily.” Deeds’ face grew white under its tan. His eyes narrowed dangerously and his jaw set in a grim clench. He spoke in a low, clear voice. “Get out!” (To be continued.) . nece Investments 1/0/ First Mortgage, 5 /2 /o Real Estate Notes Secured by new dwellings in N. W. section of Washington. Brfdley, Beall & Howard, Inc. Dlished Nearly 40 Years Southern Bld SAVINGS The safety of your account in this institution is fully insured up to $5.000 by the Federal Sav- ings and Loan Insurance Cor- poration. Infersiale Building Association Member of Federal Home Lean Bank Svstem District of Columbia Building and Loan League United States Building and Loan Leazue WASHINGTON BLDG. PHONE DIST. 9486 For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged on Easy Monthly Pa. nts AAIMEIR BUILOWS § LOAN As10CIATION COUNGH. o O.C. NATIONAL Permmiariezril lUfl.DlN(:-‘ASSg_ClATION Q49 NINTH STREET, NW. First Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia, Nearby Maryland and Virginia 512% Promp: Action B. F. SAUL CO. 925 15th Street Natl. 2100 ON IMPROVED D. C. PROPERTY Immediate attention on your appli- cation for buying, rebuilding or refinancing. Loans repayable monithly. No charge for appraisal if loan is not made. The dust had cleared with the dying wind. It was almost like day- light outside. mnummcm far hills through ‘the valleys looked golden and rich—a golden illusion. She stood on the stoop and looked at all the familiar things—the shocks in the cornfield, the crisscross on the horizon made by the fences of the ‘east field—the moonlit acres of north- ern land which were hers and John's Interest charged only on unpaid balance of principal. EQUITABLE CO-OPERATIVE B UILDING A SSOCIATION 915 F STREET N.W. Organized 1879