Evening Star Newspaper, January 22, 1942, Page 25

FINANCIAL. 15.3 Per Cent Gain Over Year Ago 811,196-Car Volume 10 Per Cent Above Preceding Week BS the Associated Press. The Association of American Rail- roads reported today that 811,196 cars of revenue freight were loaded during the week ending last Satur- day. This was an increase of 74,024 cars, or 19.0 per cent, compared with the preceding week; an increase of 107,699 cars, or 153 per cent, com- pared with a year ago, and an in- crease of 164,814 cars, or 255 per cent, compared with 1940. The report classified the loadings, compared with last week and the corresponding week a year ago, &s follows: This wk. Miscellaneous 355,287 Less-than- cariot 140.088 Coa Grain & prod. West. dists. Ligestock West. _dists. Forest prod Ore e : Boks - Construction Increases. NEW YORK, Jan. 22 (#)—Engi- neering News-Record reported today total engineering construction awards for the week of $127,640,000 were above those for last week, but trailed the same week in 1941. Federal awards, making up 86 per eent of this week’s volume, were 93 per cent higher than last week and topped the 1941 week by 7 per cent. Check Volume Climbs. Check transactions in 23 leading cities in the week ended January 21 topped the preceding week by almost 10 per cent and remained more than 20 per cent above the comparable 1941 week, Dun & Bradstreet re- ported today. Bank clearings in those cities amounted to $7,172,402,000, a rise of 227 per cent from $5845586,000 a year ago and $641,209.000, or 9.8 per cent, above the preceding week. Transfers at New York came to $3,774,577,000, an increase of 18.1 per cent from $3,195.241,000 in the like 1941 week. The 22 remaining cities reported a total of $3,397,825,000, or 282 per cent up from $2,650,345,000 last year. Washingfon Exchange SALES. Capital Traction. 1st 55—$1,000 at| 104%. Washington Gas common—>5 at 18%; 20 at 18'%, 6 at 18%; 4 at 181, Washington Gas preferred—72 at 103. Peoples Drug Store common—10 at 21%. AFTER CALL. Capitel Transit Co—100 at 19%;. Capital Traction 1st 55s—$1,000 at! 1041, Washington Gas common—100 at 1812, 50 at 18%, 100 at 18%, 100 at 18%. Last wk. Year ago. +36.998 -+ 54,930 14 880 BONDS PUBLIC UTILITY, Asked. Am Tel & Tel cv deb 3¢ 1056 mfla Al Pot 108 & Trl!uganblst e ity & Suburban fe & Bub mod 3%s 1951_. 10| riczown Bas 18 Bs 1081 130 Pot Elec Pwr 3l4s 1966 Washington Gas 5s 1961 Wash Rwy & Elec 4s 1951 MISCELLANEOUS. Ter RI&W Cp 1st 4%s 1948 102% STOCKS i PUBLIC UTILITY. i Asked Amer Tel & Tel () Gepital Transit (p1.33) N & W Steamboat (4) Pot Elec Pow 67 pfd (8) Pot El Pw 5'2% pfd (5.50) Stocks (By Private Wire Direet to The Star.) Stock and Sales— Dividend Rate. Add 00. High.Low. Close. Ala Power of (7) - 4008 105% 105% 105% Alum Co of Am 6g_. 100s 102 101% 102 Alum Co pf (6) 400s 114 114 114 Am Cyn B .608 . 28 37% 36% 36% Am Export 1.508 .. 7 21% 21 21% AmFork &H1.40g.100s 12° 12 12 Am Gas& £1.60a 6 18% 184 18% AmG & Epf (4.75) 258 108'4 10843 108% Am Mg pf (8) 40s 85 85 85 THE - EVENING STAR, WASHINGTON, D. C, THURSDAY, JANUARY 22, 1942. ! Loadi 7 [t e st O Quotas for Februa Rail Loadings Show | NEW YORK CURB MARKET A M. Sxicriies whovers asonian uofas for February [ 2tk 1 Stand Drge p£1.60. 508 Stand P&L P! ... 1008 Stand 8t 8p 1.50s-. Starrett vte Sunray Oi1(.108) Sup Ofl of Cal 508 Toledo Ed pt 7 ‘Tubize Chatillon United Gas .- Unit Sh M (2.508) 8258 United 8h M pf 1.50 5708 & United Gas un...uoo.m 120 . High.Low. Close. 33 33 33 11% 19% 1% 19% 18 * 1% 11% 19% 18 & & 122% 54% @ 65% 64 | 1nt Pa & Pwr war % 6% 48 =% 2% ] % 4 439 42 U8 & Intl Secur 1 W % % US&IntSp1 3.75¢ .. 100s 52 52 52 1 1 1 chor Post Pence . a (108 An Otd Wall Pa (.108). 8% 2 3 Ark Nat Gas (A) ATkNatGas pt .90k Ashland O & R (.40) Atlas Corp war AtICL250g ‘Auburn Cen Mfg Axton-Pisher (A)... Baldwin Loco war__ ‘Barfum Stain Stl Barl & Seelig A 1.20 Beau Brumm .55¢ - Beech Alrcraft Bell Alrcraft (2 Bell Tel Can (h8) __ Berk & Gay Pur . BirdsboroPy1.25s. 1 Th Bliss (EW) (1) 2 15% BrasTL&Ph40s . 1 5% Brewster A (30p) . 3 Th Bridgept GL (1.60). 255 20% Brill pt -- .08 44 BN&EPD! (1.80) Bunk Hill &8 (1)__ Can Col Atrways Can Mar W (h.04 Cap City P (.808) Carpation (1a) .. Carrier Corp. Cent Hud G &E .17e Cent P& Lpf (7). Cent & Sown Utll__. Cent StE7% pf Cessna Alre (1.95 Cities Service Cities Service pf 3¢ City Auto 8tpg (.60) Olev Tractor Col Puel & 1 Col G & Bt (5)_ Columb Ofl & Gas. Commonwlth D Commun P8 (2)._. Oonn Tel & Kleo - Consol Gas & Eles Balpt B (4.50) Consol Gas Util _ Consol M & 8 (Al Cons Steel Corp Cont Roll & 8 .50, Copper Range .50, Cosden Petroleum Creols Petrol Crystal Oil pt Cuban At] (1.50 Dennison pt (3) Det Bteel Prod (2 Diveo Twin 15 [Eagle Picher Ld.60s EG & Pprpf(4.50) 1508 Eastern States 2 Eastn 8ts pf (A) Eastn 8ts pf (B) Elec Bond & Share. ElecB&S Dt (5)._. ElecB&Sp? (6) _. ElecP&L2dptA UnivCorpvte - Utah-Idaho 8.15¢. Utility Equities 1 Util Equity pf 2.508 50. Valspar Corp Venezuela Petrol Va Pub Bve pf Walker Mining - West Va C&0 208.. 2 Williams RC.30e - 1 Wolverine T (.458). 1 Wright H (h.40 15 s Unit of mam&I 10,8 4 Y% 37% b 4 85% % 3% 6% 4% 2% rIn bank. reorganised urities as- tes of divi- are annual * 26% 5% 82 3% T ™ 8% 84 144 12% ) Tl 10- 3 10s 1 12% 8 & alibarsements base mi-annual decl Zxirs or extra ear. Pl’lhll u: g 1 d %0 able in Canadian fun dividends vaid or declared this vear. Bonds DOMEST! A 508 1508 4 3 =] 1C— =Y [y, 10 2% 52% % 5% 1% 1% % 17% 1 ooy S are S S 5555 2552223522 22222222 2B, 17% 3 st it Gities lse'revlu. 58 Cmes 8ve b 66, leg Service fi ! l &t 8 PEL 3 35 Comun'ty nn Be 87 Cont G TESERS FEFE F SRR X ¥ ORNST 40s 113 113 118 1 1% 1% 1% 291 29'% 5% 9 5% 1% 18% 4% = m;a mm “y.u? 10" 14\1 qlg‘l‘% Y 1047 mu. 103% 108 03 l(\Jx 103V 10332 1054 163 o 1071 1035 1024 s 58 A ui R5% 1‘& " 8: 81 Grocery Str 6s 45. ",b;. uw. 1n:>; Il Pwra Lt 8s B3 }11 P'&Lt S 54 B | Pw s 56 C _ Ind Hyd llec 83 58 55 50 A IOI Eureka PL (28 PFairchild E& A Panny Parm 1.504 Pansteel M (.258) FlaP&LLpI (7). lb!)l 101". l0|V| 1om Pac P Gen Share pf (64)... 100s 52 52 52 Glen Alden 1.708 7 11% 10% th GrtA&Pn-v(7g). 258 80 w Greater NYBrew . 10 % Great Nor Pap (28) 100s 34 au Guif Oi) (1) - 33% 33 33 Gulf 8t Ut pf (5.50) 108 108 108 Gulf 8t Ut pt (6) - 109 109 109 Hazeltine (3) 19% 6 Tle 25% 350 TSR A 505 E S 5 500s . > 3 2 u 34 EERRErCEEES BI22FRS2T ol 93523055 12 108 2 & Hysrade Sylv 1.258. Huyl (Del) 1stpf . Tilinots Is Power.. 1l Ia Pwr divet 1 Mlinots Zine (.50g) - 300s ImpChemInd .1498. 1 Indus-Pinan vic 2 Ins Co N A (2.508). 1508 Interst Home (.80). 1 Int Hydro Elecpf. .. 1 6 16 508 1 3233 508 =358 Int Petrol (h1) Int Uil pr pf (3.50) Interst P Del pt 10% Wach Gas Lt com (1.50) | Wash Gas Lt pfd (4.50) Wash Ry & EL com (40) Wasn Ry % 51" %5 BANK AND TRUST COMPANY Amer Sec & Tr Co. (eR) . 200 Bank of Bethesda (1.75) 0 Capital (16) Com & Sl\ Inll (y10.00) - Liberty (1 Lincoln (85) & Natl Sav & Tr (14 00 00 = Pr Georges Bk & Tr (1.00) 2 Eigss (e10) 220 200 American (16, Piremen's (1.40) National Union (.75) TITLE Columbia (k.30) Real Estate (m6) M1s! Carpel Corp (2 Garfinckel com (.70) Garfikel 6% cu cv pf (1.50) Lanston _Monotype (1.00) Lincoln Serv com (1.2 com new (1.60) & G ofd (+.50) sncumv Storage (14) k "flc extra. £$5.00 extra paid | December 29, 1941. ¥ $10.00 extra. Named B. & O. Dlrector NEW YORK, Jan. 22 (P).—How- ard I. Young, president of the| American Zinc, Lead & Smelting Co., was elected a director of the Baltimore & Ohio Railroad Co. at a board meeting yesterday. He succeeded Carl A. De Gersdorff, who resigned. Stock Averages s nalf oif 8. 167 259 164 259 136 251 175 353 190 355 245 206 309 Net change Today, close 53.3 Prev. day . 534 Month ago. 52.0 Year ago . 612 1941-2 high 63.9 1941-2 low. 51.7 1940 high . 742 1940 low... 523 370 60-Stock Range Since 1927: 1938-39. 1932-37. 1927-20. T 753 1577 618 337 169 (Compiled by the Associated Press.) Bond Averages 20 10 10 10 Rails. Indust. Util. F'sn, Net change + 2 —1 —2 Today, close 63.9103.5100.3 44.1 Prev. day.. 63.610331004 443 Month ago_ 5841033 99.5 420 Year ago _. 63.91049101.0 39.8 1941-2 high 66.5105.4 1022 51.4 1941-2 low. 58.3102.6 989 38.0 1940 high.. 61410591007 535 1940 low.__. 48.3 989 903 35.1 10 Low-Yield Bonds. Close ... 112.7 Prev. day. 1128 M'nth ago 112.3 Year ago. 113.7 | Kingst'n Proa 20 | Lakey Fdry (.408) 0| NatP&LDI (6) | Nat Tunnel & Min_. Irv Air Chute 1a. 18 Jacobs Co 2 |JercPaLot @ Rio de Jan Blas 50 3 1313 ww With warrants. xw Wuhouz vnrunu n New. st (stp) Stamped. Dividends Announced NEW YORK. Jan. 22._—Dividends de- cIaTed.-preparéd By the Fiteh Fublisning “~ Co.: A& A Koppers pt (6) Kresge D 8 pf (4) Lake Shore h1.55¢ Lehigh Coal (.65g) . Resumed. Pe- Stk.of Pi te. riod. record. al Schumacher Wall B4 35 o 25 Svecial. Ollm’;o Consol Min Smelt & v Ltd B 11 H 1 % 184% Loudon Packing 2 Mapes Consol (28) 26% 121 3 % 26 * 7 asvn‘ | Riggs Natl Bank = 1 26% 30s 121 MemphisNat G 458 1 3 Mesabi Iron 3 Met T pt pf (3.2 20s Mich Bumper .. 1 Midwest Ol (.90) 1 Minn M & M 2.40.. 100s Mock Judson 758 - 1 Monarch Mach (4)_ 2008 Monosram Pic - 1 Moody ptc pf (3) Mount City C .26¢ g L ais 3 Initial. Derby Gas & Elec 35¢ - Arrears. $1.50 Increased. 1-26 Gen Steel Castings pf __ 25- 1-15 s Extr, V:u;;nzo Falls Corp ‘Rl(" Nlll Bnnl 4% ash, | 9% 20s Nat Puel Gas (1) Amer Ueneral 82 pt 8 Do 0 Pt Do n - Amer Stores Am Sugar Rfg 7% P Bourn Mills Callaway ontmental 1L Del Davion Rubber A Hooker Elesctrochem 40¢ Kentucky Uil 7¢ Nat Rubber (18) .. New Eng T& T (7). NEPAG% PI1k__. N Y Water Sve pt. Niag Hua Pwr Niag 8 Md ot A (6 Niles-B-P 1.258 Nipissing h.158 - Northn 8ta P (A) . Ohio PSDIA (7). Overseas Sesur .258. Pac G 6% b1 (1.50). Lazarus F & R 8¢ Liegett & Myers Tnb l Do B $ Qswego Rossei-aiiler Milling u Bioux City Gas Shitaker paper (3 A. Stein 20% Bonwit 97 4% 3% T% 95% 3 D. Nat Nat Penn P& Lt (6)_. Penn Sus Prop 8t._ Penn W & P (4) Phila Eiec pf (5) Phoenix Secur 3 10s P e e i s L i d {U. S. Treasury Notes YORK Jan. 22 (®).—Prices quoted 1n "4ONAre And hiFty-seconds: Ploneer Gold (h.40) Pet. Mo, Year. B4 Asked” mxa Pitts & Lake B 6§ 2208 100.6 Pitts P1 Gl B¢ A 3 Bt - 1y - Polaris Minin; - " Potrero Suga: Pwr Cp Can (b.308) mo- Prassed Metals ___. Producers Corp __ 12 Pug 5d $5 f 1.26k_ 1258 Puget 8d P $6 pt Radio-K-O ws 41% 42 111 1114 Lk S 90 13 ERSone o 1" Mk, 194p - sSublect to, Federal taxes. but not to State income ta: Cammodity Pric‘es JYQRE. Jan, ssoc Precs eigh “price index of 35 commed tns aday advanced to BY 13, new Frevious diy Bo8s: week sgo, 064L: month age, ¥%5 1540 Hien - 9713 926 avera equ-u 100. N.Y. Bnnk Stocks—Page 2-X 3% 8% 2 9% 3% 8% 9% A * Scullin Stee) war Becur C Gen __ Segal Loek Select Indus Singer Mfg (6a) ___ Solar Airc .108. Soas Mfg Co - b 140 2'y 24 4 40= 140 3 2% 2 2 140 2% 2% United States Treasury Position By the Associated Press. The position of the Treasury January 0. compared Tith corfesponding date year ago: uary Jan; 194 Recetpts Ixnendmlrfl 41-42 high 115.1 41-42 low. 112.1 1940 high114.8 1940 low. 1084 (Complled by the Associated Press.) b l Iulule' included ipts for month 1 vear July 1 2 ,347.32 4,551,236 1 year 3. 438, X 28 del gfe"r'e'm over previous ¢ Mefal ‘Frozen’ in '0ld Engravings Conservation 9f Colored Inks by Newspapers Also Discussed BS the Associated Press. The War Production Board, it was learned today, is considering proposals for recovering unesti- mated quantities of copper, lead, tin, brass, aluminum and zinc now “frozen” in the form of obsolete engravings, printing plates and dies in printshops throughout the country. ¥ Details of the plans, which re- sulted from a meeting of the W. P. B. printing and publishing branch with its Industry Advisory Committee, were not made public. Officials saild the meeting also discussed methods of conserving supplies and curtailing the use of colored inks, widely used in comic ‘.,',g strips and special newspaper ad- vertisements as well as in job print- ing. They added that supplies of black ink were expected to be suffi- cient to meet all requirements. Many of the materials used in | production of colored inks have be- | come important in war industries. Copper Survey Ordered. The board also ordered a national survey to determine whether copper and copper scrap were flowing fully into military production and whether | fabricators were complying with priority orders. The board’s division of industry operations ennounced an immediate plant-by-plant inspection of more than 90 primary fabricators of cop- per. Investigators will study re- ceipts, deliveries and inventories of % | virgin copper and copper scrap. Parts Quota Set. The board decreed that producers of medium and heavy trucks, truck trailers, passenger carriers and school bus bodies may make, dur- ing the first quarter of this year, 60 per cent of the number of desig- nated replacement parts sold by them for replacement purposes dur- ing the Jast half of 1941. 3 score, tubs, 374 1-pound Ys-pound prints, 3 re, 34 e et a8 Verpound prints. 38 /8 score. tubs, 34 1-pound prints. 34%; pound print l,;‘l Aericultural Marketing Service Prices Daid het 10,5, WaShington EGGS—Market Siiehily weaxer. Prices paid for Fe -State ede raded exes received gom srading station (. T8 36; U. 8. ‘extras. large. 3 8. extras, mediums, U. 8. slunhrdx ]lr e, 1; U 8. trades. 28, Near- ards, mediums Current receipts, whites, 10t P, it 5o." S5 some Reavier weighis “up oy’ 30 Recelpts Government sraded eggs, 317 cases. LIVE POULTRY—Market steady. Fowl: LAIDLAW & COMPANY NOTICE OF CANCELLATION OF LIMITED PARTNERSHIP CERTIFICATE Notice is hereby given that the Certificate of Limited Partnershi lg‘filed in the Office of the | Gleri of the United States District Courtfor the gtrict of Colymbia on Febr: r which was formed a Limited undt( the firm name of Laidlaw has been cancelled, and that the following | copy of the Certificate filed for such purpose the Office of said Clerk on January 3. 194 | The undersigned, being all of the partners in | & limited partnership under the firm name of Laidlaw C:mpnng.kldmuflcneoltheiormn- | District of Columbia on February 14, 1941, | Which partnership will, by the voluntary act of | all partners, be dis s of December 31, 1941, do hereby declare, nnle and give notice that ‘said limited partnership will be dissolved tificate u the formation thereof is hereby can- said date. S IN WITNESS WHEREOF, the undersigned ve hereunto subscribed thei es this 23; €y of Deceamber, 1941, e Temesthis 23k EDWARD ROESLER GILBERT L‘ EURDETT EBWAKD, ROESLER. LORRAINE F. PITMA General Pariners ISABELLA WOOD LAIDLAW HENRY McSWEENE' Sotias Parinrs | (The foregoing Certificate was duly acknowls edged by the several subscribers thereto.) LAIDLAW & COMPANY NOTICE OF LIMITED PARTNERSHIP CERTIFICATE NOTICE IS HEREBY GIVEN that a pew Limited Partnership. has been formed to cons tinue under the firm name of Laidlaw & Come 1 Bny. the business herctofore carried on by the | Limited Partnership of the same name (which, by the voluntary act of all the Partners. ter | minated on December 31, 1941) and by its | predecessors. The Partaership. is 0. be ‘com ducted under the name of Laidlaw & Company. The business to be transacted is that of buyi selling and dealing in and with stoc! | notes, securities, negotiable instruments and other evidences of debt or ownership, as brokers and agents, and not otherwise. d Roesler, ings Point Road. Great Neck, New York, Gilbert U. Burdett, 159 Maple Street. Engie: yood. New Jersey: Elliot C. R. Laidiaw. th Street, Plainfield, New Jerlt{. Vo, 544 East 86th Sireet, New Yor Edward Roesler, Jr., 12 Westgate Boulevard, Plandome, New York: Lorraine Fo Pitman, Oid Kin , Darien Connece ticut; Daniel E; MacLean, 20 North Broadways White Plaing, New York, and Willar, F. V. ! Dev"ucv.:e orth Monroe Street, MM New Jersey are the General Parters and Ise~ | bella Lflldhw. 143 Dvlnt Hlace, Engle. , New Tersey. ry McSweeney, Ridgeway Avenue and Bolrd'llk. Atlantic Cny. Ne\v Jersey, are the Special Partners, sabella Laidlaw and Henry McSweeney | p 1 tively, to the common uock o} P-nne.- ;F The Partnership is to commence Jant 1, lvfl and terminate December 31, 1944. Cfl- Limited Partnership, signed and | New YorL "Bistrict Court for the Dise + | the United Stati | trict of Columbia. MORTGAGE LOANS Aslow as tions. National 2100 Washmgton Produce —Calves, 15%: soring lambs, | a8 of December 31, 1941, and that the said cer- | War Board fo Seek |N. A. M. Scores Proxy Rules Proposed by Securities Men Jones Assails Plans As Shocking Threat To Business By the Associated Press. The National Association of Man- | ufacturers attacked proxy proposals of the securities industry today as “the most serious threat to business and the most shocking attempt at class legislation on behalf of a spe- cial interest.” The views were expressed by Fray- | ser Jones, New York, chairman of | the association’s Subcommittee on Industrial Financing, as the House { Interstate Commerce Committee re- | sumed hearings on approximately 80 changes in the 1934 Securities and Exchange Act proposed by the se- curities industry. The industry has recommended changes in proxy rules to require that issuers submit to security hold- ers prior to meetings the informa- tion required by the proxy rules and that the proxy section be made ap- plicable not only to securities regis- tered on national exchanges, but also to those having an interstate over-the-counter market or securi- ties of corporations engaged in in- terstate commerce. Another proposal assailed by Jones would extend to companies engaged in interstate commerce or whose securities are handled in an interstate over-the-counter mar- ket the gequirements that officers, directors and 10 per cent stockhold- ers qfeport their transactions in equity securities of their companies. Jones charged the proposal was “devised and presented,” without “any submission to American busi- nessmen,” and “in fact we have For Sale Guaranteed First Mortgage Notes Peoples ll.wuuc Cor;ont;: H ."l::bnl Press lldg REALTORS 721 Tenth Street NW. NAL 0765 We Have for Sale First Mortgage Notes Secured ca mew detached brick Denominations of $500 wp Bradley, Beall & Howard, Inc. Bulh!d N!lrll 40 Ye Southern Bullding NA. TRUST MONEY ® Low Rat . Prompt Service ent Loans as BOSS & PHELPS MORTGAGE CO. Losn Corresponden’ John Haneock Mutual Life Ins. Ce. 1417 K 8. N.W. ~a. 9500 First Trust Loans PERSONAL ATTENTION Our_counsel and personal attention may be the solution of your Home Loan problem Making irst mortgage LOANS is our business—nas been for 28 years. Loans sre made on 3 and b year term, or month- l iy payments. Lowest current interest rates. W, J. FLATHER, Jr. INCORPORATED Established 1872 H St. NW. NA. 1753 MORTGAGE INSURRNCE RENTRLS SALES H. 1. RUST 1001 Fifteenth St. National 8108 Loan Correspondent, Prudential nraith. . Per N0t New Homes Can Be Financed —through our FIRST MORTGAGE LOANS—when properties are located in the District, or in nearby Maryland and Virginia. loan to extend over any desired period up to 20 years—or straight 3-year loan can be made. Prompt report assured on all applica- Attractive rates—the_ SAUL CO. 925 15th St. N.W. been tormally submitted to con gress.” Jones said he could see “no pos- sible justification for casting un- Justified burdens on American me- dium-sized business enterprises just because another segment of the business community had felt the weight of Securities and Exchange Commission regulations.” “In- essence,” he added, “Ameri- can businessmen can only oppose with the utmost vigor proposals for the selfish benefit of the New York City's stock exchanges where these would be at the .expenses of in- dustry.” The Securities and Exchange Commission has approved the pro- posal that information required by proxy rules be submitted to holders prior to meetings, but has not in- dorsed the suggestion to extend ap- plication of the proxy rules or re- porting requirements to securities having an interstate over-the-count- er market. MORTGAGE LOANS Favorable Rate FIRST DEED OF TRUST ONLY GEORGE |. BORGER Refinancing Prompt Action H. CLIFFORD BANGS 200 Investment Bldg., Met. 0240 Loan Correspondent Home Lt ']a Innuvm Co. Savings Club e If you want to buy or build s home of your own and haven't the necessary initial pay- ment, the FIRST FED- ERAL of Washington offers an easy way to save for this payment at a prefit. Join our Own - Yeur Home Savings Club now. Save as little as $10 monthly, and you can buy or build within 36 to 60 months. Any amount from $1 up will start you toward s “Debt-Free Home. Every investor's account is in- sured up to $5,000.00. The First Federal makes Home Loans either with or without FHA , Insuranc DIstrict 2340 FIRST FEDERAL savincs ano I.Oln associartion Conveniently Located 610 13th St. N.W. (Bet. F & G) (No B3ranch Offices) OFFICERS CHARLES N. KINDLE, Presidest _ARTHUR C.BALSER, Vies President WILFRED H. BLANZ, Secretary HOWARD B. KEAMER, Tress. Absets Over $14,000,000 FINANCIAL. Announced by Ickes By the Associated Press. Interior Secretary Ickes, the pe- troleum co-ordinator, Mly set the Nat! production quota for Feb- ruary at 4,101,800 barrels a day, and prorated the output among the 20 oll-producing States. The quota, he said, was based on s Bureau of Mines estimate of the national requirements. It is 36,600 barre“ 1s & day less than the January rate. * COMMERCIAL APARTMENTS RESIDENCES Low INTEREST RATES 1200 15 ST. KW, DIsT. 0222 Scales of a tarpon may meas- ure more than 4 inches across. It's Easy and Safe to Pay Bills by Check The check is a definite receipt made; and it's so easy to 1|.ut dr for t}n payment op it in the mail. Carrying a Checking Account in the Second Na- tionsl Bank is a good business asset. And our two Banking Offices are located conveniently When you buy Defense Bonds and Stamps you are helping to win the war. The Second National Bank 1333 G St. N.W. Member Pedersi Dipons 1nsurince Low Monthly Payments No Renewals Under U. 8. Supervision M55 Sevnth S N.W. Corporation Buy Your Defense Bonds Here ' YL RIENTAL suioms associarion NA. 7300 Wahm.lona Oldest chmp & Loan Association STATEMENT OF CONI COLUMBIA FE DITION DERAL SAVINGS AND LOAN ASSOCIATION 43 Of December 31, 1941 ectaton o Deterred CRarges and Other Assets.- TOTAL ASSETS __ LIABILITIES Members' Share Amu ities anmlu Profts M General luurvu 244, Undivided Profits_ 85.772.4 Total Reserves and Undivided Profits _ TOTAL LIABILITIES District of Colum 3.54 47 344.580.48 $7,008,068.18 L Wilam & Poiton Tressurer of mz Columbis Pederal Sav- Association, hat the above tha l.monl u mu to un bell ol “‘.nmm.‘:'n‘a Dbelief. Treasurer Subseribed and sworn 1 befocs me this 13 day of Janusry, 1948. rr, Notary Publie, D. C. My Commission expires APril 14, 1946. OFFICERS AND DIRECTORS C. Gay Harrell President Clarence E. Kefauver, Erecutive Vice Pre Howard E. Thompson., Assistent Secretary DIRECTORS W. Owen Hohenstein Albert O. Derham sident and Secretary Wentzel . Cowles GENERAL COUNSEL James C. Wilkes Start an AMERICAN BUILDING ASSOCIATION SHARE ACCOUNT Pvrmdonminrsefle. This America of ours is today marshalling her resources of men, money and machinery to the end that we shall be invincibly strong. The American Building Association is taking an active part in your program of. saving interest bearing Share Accounts. START NOW— saving the AMERICAN way. Real Estate Loans On improved property in the District of Columbia, mmmmwunh DIRECTORS | Chairmen of Boark Ohas. L.‘ ' dohn E. Mergner, Thomas 8. Sergesa, Dr. Wm. C. Farmer Member:(Federal Homs Loan Bank System .+ No commissions, ESTABLISHED 1