Evening Star Newspaper, November 1, 1937, Page 17

FINANCIAL LOSSES WIDENED INCURB TRADING Drop Totals Point or More for Leading Issues. Utilities Lag. By the Associated Press. NEW YORK, Nov. 1.—Earlier frac- tional stock losses were widened later in & quiet curb market today. Higher priced shares showed losses running to a point or more. Numerous shares held about even. Tosing 1 to 2 points were Alumnium Co., Newmont Mining, Sherwin-Wil- liams and Gulf Oil, Utilities fell behind a little. Elec- tric Bond & Share, American Gas & Electric, United Gas and Niagara Hudson Power were down fractions. Other losers included Pittsburgh Plate Glass, St. Regis Paper, Lake Shore Mines and American Cyna- mid “B.” Countering the trend for minor gains were International Petroleum and Wright Hargreaves. e CURB BOND DOMESTIC nn Low. Noon T4l 74 L1061 106 1062 106 105 105 4100%1 95 Ala_Power Kinthoks Lenign P 8 o Corp Toledo Edis 5 o 3 A101% 1“4:‘1,..3. R4 West News U 6s '44.° 43 York Rwy Co 5s '37 . 8% FOREIGN BONDS. M Maranhso ‘Br 74 Nippon E P 65 Parana Bra 7s 58 2 Stinnes (H) 4s *46 st a8 3 ww—Wjth warrants. Without war. rents. n—New. st (stp)—-Stamped {Negotiability impaired by maturity. *Companies reported in receivership. Washington Exchange SALES—AFTER CALL. Rell Esv.ate Mtge. & Guar. pfd.—50 Washmgton Gas Light pfd—10 at 98. Capital Traction 5s—$1,000 at 72. Notice—This exchange will be closed tomorrow, “election day.” Bid and Asked Prices. BONDS. PUBLIC UTILITY. : Amer Tel. & Tel 4%as__ Anscostia & Pot Suburban ' 5s Georgetown Gas lst 55 ’Pm Elec. Pow. 3 102 Wash. Gas 55 14 10415 Wash. Gas 5s 1960 ae Wash. Rwy. & Elec. 45.___ 106 MISCELLANEOUS. Chevy Chase Club Jst 4%s. 102 L. Country Crub ist 4%s. 103 . M. Cold Storaze 5s____ 100 STOCKS. PUBLIC UTILITY: Amer. Tel. & Tel. (9). ___ 153% Qupital, Tiansit Co - Rag N & W. Steamboat (6) Bot. Elec. Puw 5% pid (@) . Po. 5157 pf. 104 7 105% 85 113 111% 20 Ry. €KL com. (38)2 Wash. Ry. & EL pla. 5) " 108% BANK AND TRUST COMPANY. & Savings (e10) Tiberts' (3) imerican remen’s ational Onicn 1.60)- Colymbia_(.30) Real Estate (6)_ MISCELLANEOUS, c-ml Corp (2.00) Lanston Monotype (4,005~ Lincoln Serv. com. (1.00 Lincoln Serv. pfd. (380)__ Mergenthaler Lino. (2.00) Peoples Dr. St."com. (11.00) Peopies Dr. Si. pld; st. M. % Lol ome s 1) Eo) Wdwd, & Loth. pfd. (7). *Ex dividend. FFlus extras, e 99, extiy 11y exy "B %Bc extra. *30c paid June 3 1937. “FEDERAL LAND BANKS By the Associated Press. NEW YORK, Nov. 1 (#).—Federal Land k bonds: e. Maturity Nov., 102 1007y 10078 100% Stock Aero Sup Mfg B Ainsworth (.76g Alr Device Alr Invest Ala Pow p Alum Co Am. Am Alrlines Am Beverage. Am Box Bd 1.20g. Am Centrifugal Am Cit P&L(3h) A CP&L ww 2% h Am T P&L B .60a. Am Cynam B .60_ AmG&EI(1.40). Am G & E pf (6) AmGen __ Am L&T(1.: Am Maracafbo ... Am Meter 2.25g. Am Sup Power.. Am Sup P pt Angostura (.30g) Apex Elec (.308). Arctur Rad Tube. Ark Nat Gas Ark Nat Gas A Ashld O&R(.40) .. At Cst Fish(.3 Atlas Corp war .. Austin Silver M_. Automat Prod... Babcock & Wil(4) Baldwin Lo war Baldwin Rub .50a Barfum Sta St1_ Bath | W(6%f)_. Bell Tel Cnn (8)_ Bell T Pa pf{6%) Berk&Gay furn. Rliss (E W) cod .. Blumenthal (S) Bowm Bilt H 1 pt Bow Bilt H2 pf __ Braz T&L (.90g). Breeze Corp __ BridgptMch 758 Brill A Brill B__ Brill pf B A Ofl cou 1.15g. Brown Co pt | Bro'n F&W 1.05g | Brown Rub(.60a) Burry Bise (%g) Cab El1 Prvte_... Can Ind Alc A _ Carib Syn (.50h). Carnegie Met Caro P&Lt pf(6). Caro P&Lt pf(7). Carrter Corp. . Carter (JW) .60g Casco Pr (2%g) - Catalin Am i Celanese 1pf(Ta) Cent Oh St11.20g: Cen & Sw Ut Cen St El Cen St E1 6% pf_. Ch MW Str (.80)_ Charis (1.37 ChiRiv& M Chief Cons Childs pf Cities Serv Cit Serv pf City Anto St .45g. .| Claude Neon Lt_. Cleve El I (2) Cleve Tract Club Al Uten Colon Develop Col Fuel&] war.. Col G&E pf(5)... ColumO &G | Comwith E 1.25a Comlth & So war. Comm PS (1a, Cons Cop Min . Con G&E B(3.60) Cons Gas Utfl_ .. Cons Steel Corp... Cont Roll & Stl_... | Cook P&V (.60a).. | Cooper-Bess Cosden Petro Creole Pet (.. Crocker Wh Croft Brewing _. Crown Cent Pet - Cron Ck IntA(1)- Crown Drug - Cuban Tobacco- Cusi Mex___ Dayton Rub Derby Ol __ Det Gasket (1 DetG&Mpf(1.20). Det Gray Ir (.04). Det Mich Stove Det St Prod 1.50 Distilled Liquors. Diveo Tw C(.40) . Dobeckmun 1.40 Duro Test (.40a)_ Duval Tex._ Eagle P La !05. EastGas&F . E G&F 6% pt(. East States B pf_ Easy WM (B).75g Eisler El (3%1)_. El Bond & Sh . Kl B&S $5 pf (5)_ El BA&Sh pf(6) . El Pow As (.158) EIP&L war_. . Emp G&F 6% pf. Emp G&F 1% pf. Emp G&F 8% pf Emsco D&Eq (1) Equity Corp - Evans Wallo .. Bx-Cell-O (.60g)- Falrchild Av_ ... Fansteel Metal._.. Ferro En 1.60g_.. Fidelio Brew ___' Fisk Rub_ _ FlaP & Lt §7 pf Ford M Can A (1) Fa M Ltd(.213g). FroedtGevpf1.20 Gatineau P cu pf. Gen Alloys..___. Gen Invest. Gen Pub S pf (G). Gen Tele (1a) _ Georg Pow pf(6). Glen Alden .25g . Godchaux Sug B_ Goldfield Con_ Grand Nat Films. Gray Tel P S (1). Green T & D Groc St P.12%g._. Gulf Oil (.75g) . Gulf St Ut 6% pf. Hartman Tob_._. Harvard Brew __ Hat Corp(B).80g. Hn D Strs(1.65g) Hecla Min (.708). Heyden Chem(2). Hoe(R)&Co A __ Holophane 2.20g_ Hormel & Co (1) Horn&Hardg2) . Hud BM&S(%&). Humble 011 1%g. Hummell (.60g)_. 111 lowa Pow ___ 11l Zine (.75g) __ Imp Oil Can .50a_ Im To Can .62%g Ind Serv 6% pf . INAP&Lpf6i. Indus Finan pf__ InsCN Am(2a)_ Intl Cgr M (2a).. Int Hyd-Elec pf_. Intl Pa&Pw war. Intl Pet (1%a)_. Inter Prod - Inter Rad (. !5!)- Inter Ut1B _ Iotl Vitam (.50) . Inters Pw Del pf. Inv Royalty .06a. Ir Fire vte (1.20) Irv AtrCh (1) .. Jacobs Co (%g)- Jeannette Gla_._ Jer C P&Lpf 5.50. 18- | Jonas & Nau .30g. - Kan G&E pf(7) - 30; 108% 1om mau s Kennedy’s(.60g)- KenRT (A).76g- KgsCLtd pfB(7). Kingston Pr(.40) Lehigh C&N(.30) Lion Ol (1a). Lit Bros _ Lockheed Aire.... Lone St G(.40g) . Long IsLt. ... Long Is L pf(7).. Falstaff Brew ...« 3 1508 4 1 7 6 2008 1 2 10 8 225 3 8 25 25 43 2% 5 108 165 6 108 108 3 1 3 3 1 5 5 | 1 1 4 1 1 5 2 3 4 7 1 1 3 2 8 1 3 1 3 1 x 2 ~ 2008 58 4 1 258 1508 200s 1 5 5 20 Evans Wallow pf 200s 4 1 2 1 2 2 2003 6 3 100s 10s 1 1 o e & 8 E BORO = O RO RS 0G0 1 O et O 10s 258 508 3008 1 3 1 1003 200- W1 1 1 258 1 1% 84 10% 14 34 17% 7 11% 4% 2l % 17% 8% 9 35 65% 3% 2% 9 244 508 lO’W. lofi‘a 103% 1 674 4% 9 2% 5 165 165 108116 116 116 1% * k& Fst Na St 1 pf(7) zonla 13 113 8% T% 324 17% 57 16 69% 2% 1 45% 12% 0% 6% 13% & 1% 7 T % 42% 82 1% 1% 6% 10% and Sales— Dividend Rate. Add 00. High. Low. Close. 3 9 1% 2 56% 94 25% 1% By 9 v | 67 | 1% | 5u | | | o | %1 7903 pu 3.998 | Pac Pub Service. | Stercn Br sur NEW YORK CURB MARKET (By private wire direct to The Star.) Stock and Dividend Rate, Md 00. Hlfl. Low. Close. Loudon Pack. 1 3%. 3% Louts LEE(.40 Lucky Tiger.. Lynch Corp (4 B.. | MoWill's D 1.25g. Mapes Cons (2a). Marion 8t Shov. Massey Harri: Memph N G .30g_ MercantStra(3g) 100l 23 Merritt-C&8.... 1 3% Mesabi Iron. ... Mich Bumper.... MichG &0 Mid St Pet A Mtd St Pet B vic_ Midvale (3%g) ... Midwest Oil (1) Molybdenum. __ Mont Ward A(T). Mount City Cop... Mount Prod (.60) Muskegon P Rg - Nat Auto F .25h_. Nat Bellas Hess Natl Container 1g Nat Fuel G (1) . Nat Mfg & Strs _ Nat P& Lt pf (6) 100s Nat Rub Mch 4 Nat Service. Nat Trans (.45g). Natl Tunnel & M. Nat Un Rad. . NavarroOil(.40a) Nehi Corp (28) . NE T&T (4%8)- N H Clock (1%). NJ Zine (4.50g) . 1508 N Mex & Ariz 1 Newmont (2% g) 1 NYC Omnibus wr 1 NY P&Lt pf (7). 20s NY Wat Serpt... 20s Niag Hud Pow 25 Niag Hud A war. 7 Niag Hud 1pf(5). 2008 NgShMdB(.158) - Nipissing M .87, Nor Am Lt&Po 20 6% 6% 3% 23 3u B4 1% [3 3 - % 60, % 4 4 5 5 6508 3 5% 13% 9% 50s 108 108 108 13% 13% 13% 67% 66 66 1% 65 ] 98 20 8% % kid 6y 1 2 14 4 L1 1313 24 4 104 104 21% 21% 2% . 2% 28% 23% A% 4% LET 1 A% ek 3 3 o 134 24 104 21% 2% 28% 4% 5 NorStPaA . __ Novadel-Ag (2).. Ohlo Oil pf (6) Okla Nat Gas pf.. Oldetyme Dist _. PacG&E5 4 pf13. o S Pantepeo U1l Pender Gro (B) .. Pennroad (.25g) .. PaP & Lupf (6). Pa Wat & Po (4). Pharis T & R .60- Phillips Pkg ... _. PhoenixSec(%a) Phoenix Sec pf3 | Pierce Gov (.60 | Pioneer Gla(.40). Pitts Forg Pitts&€LE(414g)_ Pitts P1 G1(5%g) Polaris Mining._. Potrero Sugar Powdrell&A .5 Pratt&Lam 1%g_ Premier Gd .12a. PS Ind $6 pf P'S No 111 pf (6) Pub U Sec pte pf. Pug Sd P $6 pt. Red Bank O11 _ Reed Ro Bit 80a. Reliance El Richmond Rad._. RioGr VG vte... Root Pet (% &)... Rustless 1 & S. Ryerson & H Saf CH&Lt 6%g. 100s 86 StRegisPap . 10 4% St Regis Pap pf.. 50s Sampson Unit Schiff Co (2).. gal Lock berling Rub... Selby Shoe 1.60. Select Industries Seversky Alrc . Shattuck Denn Shaw W&P(.80)_ Singer Mfg (6a) . Sherwin-Wms 4a Sonotone (10g) Soss Mfg (%) Sou Un Gas Southl'd Roy .40 St Oil Ky (1a) St O11 Oh1o (1) e StPow & Lt . .eue StPow& LB Stand Prod (1) - Stand Stl Sp .50g. e © 3 81 67 S S 13 e i 10t OV 03 80 B 00 b 3 1O S0 e b 0 1S A S - 24 181, 115 308 508 IH 161y 110 20% 207 108 249 249 249 1508 93 91 Sterl's Alum .75g. terl [nc (.20a) __ Sullivan Mach . Sunray Oil(.25g)- Taggart . Tastyeast A Taylor (K) Dist Te¢ picolor .5Ug. 13 20% Thew Shovel _. 1508 15 Tilo Roof (1) 1 8% Trans-Lux (.2 1 3w Transwest Ofl... 4 7 Tri-Cont war.. 23 1 Tubize Chattllon. 6 1l Tubize Ch(A) 4g- 43 Tung-Sol Lamp.-. 3% Un Prem F S .80. Unit Lt & Pow A_ Unjt Lt & P cv of Unit Shoe M 2%a Unit Sh M pf 1% U S Foil (B) .50g. U'S Liaes pt U S Radiator.. U S Rub Recl_. United Strs vto_.. USStrs1pt. Unit Ver Bxt 1g_. Unit Wall P 158, _ Utd Cgr Wh Strs.. Univ Corp vte - Univ Piet ___ Univ Prod 1.50g . Util Pw & Lt (r). Util Equit pf 53%. Utility & Ind____ Valspar Corp vte. Valspar pf vtc._. Venezuela Petrol. Vogt Mfg (.808)- Walker Min.___. Wayne Knit M__. West Tab & S(2). Will'ms RC .45g . Wilson Jones .75g Wolverine Pt C__. Wolverine T .40g. Wright Har .40a. Yukoh Gold .12g- £ 1D DANKIUDLE: reorganized under 4 e Bankruptcy Ast. er ch o ombanies ise o oo i dne dends are not included. & Also extra of extras. e Pald last year. £ Pagable in stock. & Decl far ‘this year, no re; or stock. kAccumulaf paid or declared tals year. ww—With war- rants yw Without warrants. war War- an NEW YORK PRODUCE. NEW .—Eggs, 12,146, firm: “mixed colo Spects 1 packs 38%- standards. 26-28; 24 nds, 21:22%5; mediums, 20137 dirties. No. 1619357 averase, checks, 17; refrigera- tor aped acks. 20Ve-22%4: Ietrigerator Standards, 30:.retrigerator frsts. SriRerator seconds. 1814 TeiHEGrator me- diums, 1R%: refrigerator dirties, 18} ‘Whites: Resale of premium marks, 46-47; nearby and Midwestern premium mll’kl. 42-44; exchange specials, 35%5-41; YORK, Nov. 1 o Cor Wns: Extn fancy, 39-42. Wesum special packs, 31 wh zn-flo%‘ fancy, 1836, 0, milk fresh Pecinta *a1 5T th: 2224 tancy. Treld, b i 0DD-LOT DEALINGS. By the Associated Press. 'l’he Securities Commission reported to: transactions by Customers with nyddilot ealors of speciafists on the New n 30: hases mvv 1u.au shares: involvins 13‘ 2 OF receivership ox veing | 8ot ANACONDA WIRE EARNINGS DOWN % Quarter’s Net at $609,687, Against $764,266 for 1936 Period. By the Assooiated Press. NEW YORK, Nov. 1.—Anaconda Wire & Cable Co., controlled by Ana- conda Copper Mining Co., reported net, income today for the quarter ended 14 | September 30 of $609,687, after charges, equal to $1.44 a capital share, com- pared with $764,266, or $1.81 a share, in the like 1936 quarter. Nashua Gummed. Nashua Gummed < Coated Paper Co., with plants at Nashua, N. H.; Holyoke, Mass., and Peterborough, Ontario, " reported consolidated net profit for the nine months ended Sep- tember 30 of $348,111, equal to $7.56 a common share. This compared with $240,672, or $6.08 a share, in the like period tast year. Net Income Drops. The Chesapeake & Potomac Tele- phone Co. of Baltimore City today reported net operating income for September of $235,477, as compared to $271,662 for the same month & year 2go. Operating revenue last month was $1,240,127, compared with $1,188,376 for September, 1936. Operating ex- Denses were $1,004,650, an increase of $87,936 over the same period of 1936. Reynolds Metals’ Net. Reynolds Metals Co., manufacturer of lead, tin and aluminum foils, with principal plant at Louisville, Ky., re- ported net income for the quarter ended October 2 of $581,392, or 50 cents a common share, compared with $639,564, or 55 cents a share, in the like quarter last year. Interchemical Corp. Earnings. “Interchemical Corp. formerly In- ternational Printing Ink Corp.,, with domestic plants in New York, Chi- cago, Cincinnati, San Francisco, Los Angeles, Battle Creek, Mich,, and Lodi, N. J., for the September quarter re- ported net profit of $195202 before the Federal undistributed profits sur- tax, equal to 32 cents a common share, against $361,397 or 91 cents a share in the June quarter and $375613 or 96 cents in the September, 1936, quar- ter. $5,846,684 Net Income, American Light & Traction Co., operating in the Midwest and South, for the 12 months ended September 30, reported today consolidated net income of §5846,684, equal after pre- ferred dividends to $1.82 a common share, against $5375,061 or $1.65 a share in the preceding 12 months, National Power Earnings. company affiliated with Electric Bond & Share Co. controlling operating units in the East and South, for the | September quarter reported consol- | idated net income of $1,916,621 before the Federal undistributed profits sur- | tax, equal after preferred dividends to 9 cents a common share, against $1,- 246412 or 15 cents a common share in the like 1936 quarter. Grand Union Co. Grand Union Co., grocery chain sales routes in the West, | quarter ended October 2 reported net income of $96,383, equal to 60 cents a share on the $3 cumulative preference stock, against $93,680, or 59 cents a preference share in the like 1936 quarter. Park Utah Dividend. ' Directors of Park Utah Consolidated | Mines Co., gold, silver, zinc and lead producer, announced today the first payment on the capital stock in eight years with the declaration of a divi- dend of 15 cents, payable December 20 to stock of record November 22. The previous payment was 20 cents on July 10, 1929. SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co Amer Tel & Tel blas 1943 114 Auburn Auto Co 4% 1949 40 Baldwin Loco Work: 0 102 Cuiif Packing Corp s 104 Caro, Clinfleld & Ohio b Chesap'ke & Ohio R bs Edison Elec Tilum 45 4125 1939 . C & St Louis 6% n 38 New York_Dock 58 N Y Tel Co 4725 19 PacR'E of M|t=o"\l‘n i 1038 Penn Co 3 éeme‘nl «341941 &P 943 Western Unlon-Tel 55 1938 METAL MARKET. NEW YORK. Nov. 1 (#).—Copper steady: glectrolydle; spot and future. 11.75: export. 205" Tin easy; spot and’ nearby. A7.50. Lead steady:” spol Louis, 5. ture, Irgn. No. Fennsylvnnh 28007 Buttaiol 2806 bama. 20.00. " Aluminum. virgin 89 per 00, Antimony. spot, 17 k- . latinum, ' pure, ). pominal Choose a savings plan, like the one we offer, .that will provide you whh assured safety. Here you.will oblain safety for your money plus interest compot Visit the Prudential today and open your account. PRUDE National Power & Light Co., holding | M with stores in the East and wagon | for the | New Business Incorporations in New York, Hfineh. Delaware and Maine Combined Total Number of New Business Corporations Formed in 12 Months Preceding Date Plotted 1928 NEW YORK COTTON By the Associated Press. NEW YORK, Nov. 1}—Cotton fu- tures opened steady, down 4 to 6 points on lower Liverpool and Bombay cables and favorable weather. De- cember, 8.01; January, 7.95; March, 7.96; May, 7.96; July, 7.96; October, 8.05. The easier tone of the stock mar- ket also influenced sentiment. South- ern hedge selling was somewhat larg- er. In addition, there was liquidation through wire houses and some for- eign selling through Liverpool. Brazil was also credited with selling a lit- tle cotton here. Some resistance was shown as all positions but next October sold be- low 8. cents, owing to scale-down trade buying. Trading was moderately active on the decline that carried March off | from 7.96 to 7.91. Shortly after the | first half hour it was selling at 7.94 and the list was 5 to 6 points net lower, | The Commodity Credit Corp. re- | ported 1,118,000 bales of the 1937 crop had been pledged on Govern- ment loan through October 28. The market was under pressure of hedge selling, New Orleans and local liquidation. Although investment buying and trade price fixing retarded | the decline, the market displayed comparatively little rallying power. The first private end-October cmp1 estimate pointed to production of | 17,788,000 bales and a yleld per acre | of 252.3 pounds. March, which had essed to 7.91, was 7.94 by midday, when the list| was 6 to 9 pounts net lower. Putures closea steidy. 9 to 17 lower Low. € December Spot qulet; middling, 8.03. - DIVIDENDS ANNOUNCED NEW YORK. Nov. 1 (¥.—Dividends de- clared: Rerular. Pe. Stk of Pav- Company. Rate. riod. record. able. puto Finanice, 11- Pitts._10c Emsco Derric! ¢ Q 11-10 Fed ~ Compress & Warenouse. ~-.-40c Q 11-18 Harbison-Walker Refrac Lunkenbeimer Co Park Utan Mines =< Phoentx Hosiery ist pf Polaris’ Minte Special. Standard Dredging - 40¢ .. 11-20 12-1 . NEW YORK BAR SILVER. NEW YORK, Nov. 1 (#)—Bar silver steady and unchanged at 44% . REPAY YOUR MORTGAGE LIKE RENT Up to 20 Years Y setting up your mort- gage on a long-term basis, you avoid the worry and expense of periodic re- newal or refinancing ar- rangements. You pay off the principal in monthly installments, like rent, or in any way that is most con- venient for you. Tell us about your requirements. Learn how our Mortgage Loan Plans can save you money. WEAVER BROS ¢ REALTORS Morteage Lian Corvesprmdent Maropsiitan Lifs Insurance Company WASHINGTON BUILDING DISTRICT 9436 unded semi-annually. 1929 1930 1931 1932 1933 UTILITY BUILDING LAG AROUSES ATTENTION By the Associated Press. The Committee of Utility Investors said yesterday the Federal Reserve Board has “undertaken an active in- terest in the depth and cause of the enormous lag of construction in the electric utility industry.” “It is being recognized at last that policy of subsidized competition and strangudating regulation is in conflict with the policy of recovery,” the com- mittee’s statement said. It added that a “fixed punitive policy toward the industry” had made it im- ——— Money for Construction Loans and Loans on Existing Properties % FIRST DEED OF TRUST ONLY 643 Indiana Ave. N.W. Nat’l 0350 FINANCIAL possible to finance needed construc- A construction deficit in the industry amounting to $2,600,000,000 has accu- mulated in the last five years, the committee estimated. NO SALES OF PIG LEAD. NEW YORK, Nov. 1 (#)—St. Joseph Lead Co. reports no sales of pig lead from Southeast Missouri mines Satur- day, quoting $5.35 per 100 pounds St. Louis, $§9.50 per $1,000.00+ Per Month Pays All Expenses except heat and maintenance. You own your home outright in 20 years. . *Appreximate. Mortsase Lean Correspendents INVESTORS SYNDICATE 1505 H St. Now. Natl. 2345 FOREIGN EXCHANGES. (Quotations furnished by w B. Hibbs &Co.) o inal Belling m checki Today. 4 mms 98 5 o 3ae M_‘ LONDON BAR SILVER. LONDON, Nov. 1 (£)—Bar siiver steady and unchanged at 19%d. (Sterling price equivalent to 44.38 cents.) MONTREAL SILVER. ITREAL, Nov. 1 (7. —8ilver futures npened steady and unchanged. November, 44 ms» ,1arch, 44.10b; May, 43.75b. e —— OFFICE FURNITURE WE SELL, BUY OR EXCHANGE Chairs Steel Files Desks !ml Cabinets ‘Tables BAUM’S FURN!TURE HOUSE First Trust Loans For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged Easy Monthiy Farmen rrarieni BUILDING AsSOCIATeI’ TON 949 NINTH ST!EET NW. REAL ESTATE LOANS On Improved property in D. C. and Arlington County, Va. OFFICERS Charles Kattelmann... Arthur C. Baiser.. ASSETS" NO COMMISSIONS RENEWALS UNNECESSARY pplications invited for LOANS on improved real estate in Washing- ton and Arlington County, Virginia. Rates and t SOUND security offered. erms commensurate with Before you re- finance, build or remodel—=See us. President The American has been helping the people of Washington to aequire homes for the past 63 years. American Building Assoriation 300 Pennsylvania Ave. S. E. OVER $9, 700,000 UNDER U. 8. GOV'T SUPERVISION also are availabl NTIAL BUILDING ASSOCIATION Sulte 304-5-8 1331 G St. N.W. DL 8270 51 Louisiana Avenue ’5.85 PER MONTH PER $1,000 BORROWED the NEW ACACIA REAL ESTATE LOAN PLANS ¥7.75 *6.60 Interest Rate: 5% Under these economical loans you send us each month an amount which is less than rent would be, and yet it pays off the loan in 15% years to 25 years. Your interest cost is reduced each month and the amount you owe is reduced each month. Prepayment priv- ileges are offered. There are no commissions or renewal fees. If you plan to build, loans can be arranged from plans and specifi- cations. 3-year straight loans and other monthly payment plans r terms.can be arranged to ditions ’in financing homes, apartments or business properties. CALL AND TELL US AROUT YOUR PROPERTY—NO OBLIGATION OF ANY KIND Mortgage Loan Department ACACIA MUTUAL Likg Ins. Co. Washington, D. 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