Evening Star Newspaper, January 30, 1942, Page 21

FINANCIAL. Declared Holding At High Levels Oil Experts Report Estimates Indicate No January Drop By the Associated Press. NEW YORK, Jan. 30.—Informed oil men said today Americans appar- ently still were riding the Nation's highways in their close to pre-war numbers when there was no Gov- ernment ban on purchase of new automobile tires. These sources, explaining actual figures might not be available be- fore mid-February, said early esti- mates for January indicated no de- crease in use of gasoline by motor- 1sts. The ban on new tire purchases became effective shortly after America’s entry into the war less than two months ago. The supply of petroleum products on hand—gasoline and fuel oil—in the Eastern States, however, drop- ped slightly for the week ending January 24 below that of the pre- vious week, an unseasonal decline. ‘The Petroleum Institute of Amer- fca’s figures showed 19,812,000 bar- rels of all petroleum products in the Eastern area for January 24, as com- pared with 20,360,000 for the week ending January 17. Includes Coastal States. Included in the Eastern area are all coastal States from Maine to Florida, half of Pennsylvania and all of New York except the western edge. Interior Secretary Ickes said yes- terday the petroleum situation in the East, where rationing was im- posed last summer, was “tight and getting tighter” as a result of ship tanker sinkings and diversion of such vessels to war service. He noted tank car shipments of petroleum products into Eastern States showed an increase of 86 per | cent in the two weeks of January 10 and January 24, which included the period of the tanker sinkings, as a result of efforts to stimulate this method of transportation. Some of this increase was reflected in the figures: For the week ending January 17 the daily average ship- ment of all oil products into the Eastern area by rail was 77,400 bar- rels; for the week ending January 10 1t was 58,725 barrels. Rail Shipments Small. During last summer’s Eastern States’ oil rationing period the oil] companies launched a rail shipment program which at peak was bringing oil into the Eastern States at the| rate of 143,000 barrels daily. This total, however, was a little | less than one-tenth the daily de- | mand in the Eastern area. ‘The rest of that demand was sup- | plied largely by tankers, each one of which can carry oil equal to the combined capacity of about 200 tank cars. Washingfon Exchange SALES. Garfinckel common—100 at 9. AFTER CALL. ‘Washington Gas common—50 at 183, 50 at 18%. Capital Transit Co.—52 at 22. Washington Gas common—10 at 18%. Mergenthaler Linotype—25 at 333j. ‘Washington Gas common—150 at 18%. Capital Transit Co.—20 at 22. Potomac Electric Power 6% pfd— 5 at 11415, Mergenthaler Linotype—175 at 337%. BONDS PUBLIC UTILITY, Bid. Am Tel & Tel cv deb 3¢ 1956 m'n/, Ans & Ana & Pot Mod 3%s {01 Cap Traction 1st 5s 1947 ity & Buburban ¢ 1948 City & Sub mo 951 Wath vy a Eiec%s 1091° mscnu)rzons Ter RI&W Cp 1st 4%s 1948 102% STOCKS PUBLIC UTILITY. Amer Tel & Tel (9) Gapital Tumu (p1.25) mboat (4) BotElec Pow Booprd | Pot El Pw 512% pId (5.5¢ Wash Gas Lt com (1.50) Waeh Gas Lt ptd 450) Ry & El com (g40) _ Waih By & Ei oid (5 BANK .um TRUST COMPANY Amer Sec & Tr Co._(e8) ank of Bf‘shud' (1.75) ( Wash Loln & TA (e8) ___ PIRE INSURANCE. American (18) 2 Firemen's (1.40) National Union (.78)_] TITLE INSURANCE. Szlumbu (k30) al Estate (m8) 1 Corp (2.00; AT oo *0 70 = GarhRckel 6% Cu &v pF (1.50) S SRR ! FL3 0V, 8 8 2 41 3 1 cirsts =R & Est M & G 0iq (1.50) Becurlly Storage (14) ™ (3) 8 47 e2% ex- k 20 extra. ‘m $130 | in 1941. g $5.00 extra pald | extra. p Paid ¥ $10.00 extra. December 29, 1941. New York Bank Stocks NEW YORK, Jan. 30 Investment Bankers Conference, Inc.—bank and trust companies—opening bid and asked prices: Bl Asked k of Mlnhltlln (EUI 14% 5% Chemical Continental Corn Exchange (3) Empire (3) Guaranty (12) _ Jrving (.60) Lawyers Trust (1.40 Manufacturers (2) _ _ N Y Trust (5) E Title Guaranty & Trust 8 Also extra or extras, New York Produce WY Jan. 30 (P —Fges, 8.341; - Mixed colors: Faney to extra fancy. 5%; extra, 341a-3y; graded firsts. 34- iums, ‘sdmln No. 1, 33%- erage wm'm—uuum of premium marks, fl Thy 6n'ld llfl'tll!":%D of ’lncr h:"ler mvdlum 81‘5—3.). ml~ fancy 35; Creamery: ?cnh mrua -IIl uau. 82%—3‘%. 85-87 acort IA "67.532; firm; prices unchanged. ” | Monogram Pic | | 1 1 Stocks, (wm-u'lnmn«hnnm) Bae— Dividend at Aingworth 1.35¢ Ala Power pf'(7) __ 100s 106 106 108 Alum Co of Am 6g... 3508 104% 104 104% Alum Co ot (8) 1000 113% 112K 113% Aluminum Ltd (28) 50s 76% 76% AmCapprpf (5%) B0s 65% 65% cm AmCynamid B.60a 5 37% 36's 37% Am Export 1.508 . 8 23% 23% 23% AmGas&E160a.. 25 19% 19% 19% Am Laun M (.80a). 2008 21 20% 20% Am Repub 358 .. s ev. 6 Am Superpwr pf - Appal B P pt (4.50) Ark Nat Gas (A).__ Aro Equip (.658) - Ashland O & R (40) BOI lOl 7'fi 4 3u b 5% % 2 274 2 3% 50s 32% 2 8 Auburn Cen Mfg. Ayshire Pr.toks Babcock & W 2.508 Baldwin Loco war- - Baldwin L pf (3.10). 2 1 14 40s 111 0 & 50s 9% 7 164 35 31 Bowman Bilt Bowman Bilt 1st Braz T L&P h.40g_- Breeze Corp (18) - Brewster A (.308) Brown P A (1.50%) Brown-ForD pf .50k Brown Rubber Bruce (EL) (1) BN & EPpf (1.60) Bunk Hil &8 (1) Callite Tung .1 Can Mar W (b Cap City P (.80g Carnation (1a) Carrier Corp Cent NY Pw pf Cent O Stl (1.258) —. Oherry-Burr (1) . Citles Service pf 35 Citles 8ve pf (B) . Citles Sve pf (BB)__. Col Puel & I war. Col G & Bpt (5) Compo 8hoe (1) Conn Tel & Elec Cons G & E Bal 3. Consol Gas & Elec Balp!f C (4) - Cons Royalty (.20) - 3 Cont Roll & 8 .508-. 2 Copper Range 608 2008 Cor & Ray pf 2.50k. Oosden Petrol pf Crocker-Wheeler. 8% 5% 80 15% | crott Brewing Crown Cork A Crown D pf (1.75) . Cuban Atl (1.508) . Dennison (A) Durham Hos (B) Eagle Picher Ld.60g Eastn G&F 6pf .75k EG & Pprpf(4.50) Eastn Sts pf (B)___ Klec Bond & Shar Elec B & 8 pf (5) ElecB&Spf (6) . Emerson Elec (.108) EmpG&F 7% pf _ Emsco Derrick .258- | Eauity Corp Bsquire Inc (.60g) .. Eversharp Inc. Pairchild Av 1.254 Pairchlld E& A 2 FlaP&Ltpf (7)__. 2008 101% Ford Can (A) (h1)_. 2 12% Ford Ltd (.11g! 1 14 Frankiin Co Dist 11 Proedtert pf 1.20 1 204% 10s 97 Gen Gas&Ecvpf B. Gen Bharep? (64).. 108 53% 53% 653% GenT&RDpIA (). 10s 96% 96'% 96% Ga Power pf (6) __. 100- 100 100 lN Glen Alden L70l._. 11% Goldfield Consol uy * 25 25 7 79 Gorham Mg 4.50% . W& 33% 2% 86 26% 4 5% 5% 107 107 6% % “ 214 2% 2% 2% 9 9 lD'l Eh ¥ 24 2% 9 2 2 101 101 124% 1% 1 20% 20% 97 97 1 Hygrade Food 1l Towa pt 2.758 Illinois Zine (.508) - 1Imp Ol Ltd (h.50) _ Ins Co N A (2.50a) Int Pa & Pwr war__ Int Utllities pt__ | Int Util pr of (3. 50) 1508 | Interst Home (.80)_ 3 Jacobs Co Jeanette Glass. Lakey Fdry (.408) .- Lehigh Coal (.65¢) Locke Steel (1.20a) 100 Lone Star G .708. 3 2 2 5 s McCord Rad (B)_. Manat Sug war Memphis Nat G 458 Mich Sugar Mich Sugar pf 608 Minn M & M 2.40__ Mo Pub Serv .25 _ Mock Judson .75g Molybdenum 50 | Mont Ward A (1) Moore (T) Dist st__. Paper Board Firms " \Required fo File Weekly Reports Roofing Concerns Also Must Compile Data For Government - | B the Associated Press. The War Production Board’s In- dustry Operations Division today ordered all producers of paper board | and roofing materials to file weekly | reports covering receipts, consump- | tion and production of waste fibrous | materials, principally paper and rags. | “The reports must be led each Mon- division’s pulp and paper branch. J. 8. Knowlson, diviflon director, called attention to the fact that any person who falsifies information de- manded by the Government may be prohibited from receiving further deliveries of any material subject to allocation or priority control. Meanwhile, Price Administrator 4 | Leon Henderson amended the paper board price schedule to permit +| wholesale distributors east of the Rocky Mountains to charge cus- % | tomary retail prices comparable to, 38 | but not exceeding, the regular al-| | lowance in effect between October 1, | | 1940, and Scptember 30, 1941. S Zinc Prices Fixed. The Government fixed prices on cents & pound 1. 0. b. East St. Louis, on prime Western grade. The ceil- ing is effective immediately. An informal price stabilization has prevailed at this level since last Oc- tober 9, although for the 12 months before that the price was pegged at 725 cents a pound for prime West- ern. primary slab zinc on a basis of 825 Close. | Nat P & L bt (6] % | ogden corp % | pitney-Bowes .40a . s | Tampa Elec 45e_ | Tob & AlI8 3.858 i 124 | Tey 1% day. beginning February 2, with the | 3, R | Mil G&E_4%as THE EVENING STAR, WASHINGTON, Gasoline Consumption)| NEW YORK CURB MARKET Auto Makers End Dmlul Rate. AII 00. Highlow. Close. Mount Prod (.60) .. 1 4% 4% 4% Murray (O) (1.20).. 1 8% 8% NatPuelGas (). 1 8258 Nat P &Lt pf st 6. 1008 NatSugarRefin .. 2 Nat Transit 1.108. NewEng T&T (7). New Mex & Aris_.. Niag Hua Pwr ! Niag Hud 18t (B)... 3758 Niag Hud 2d (5) .. Noma Elee (.25 NorAmLt&P N Ind PS8 6pf 1.50] 5 m- 97 Ohio Pwr pf (4.50) . 80! mm ll.lBK 108\{ Okla Nat G pf (3). 1008 47 Pac G 6% pt (1.50). 2!\6 28% 28% 7. 50s 94! 3 008 3 1 258 1008 7 - 2 Ploneer Gold (h.40) Pitts B& L E (1.50) Pitts & Lake E 6g Pitts PIG1 58 - Potrero Sugar Pratt & Lam (2 Prosperity (B) Pug Sd $5 pf 1.25k Puget Sd P $6 pt Pug 8d Pulp (2)___ Radio-K-O wi Republic Aviation Ryan Aeronaut. 8t Regis Paper_. 125s 101 20758 51% 1 15% 2 W 4 Bh 6 4 10 2% 2% Z‘fi 50s 11813 11715 118% 2 3% 34 3 2 24% 24% 24% 15% 16% W W B 5‘- 4 Scullin Steel war_ Setberling R .25 Select Indus_ Sher-Will Can h.15e 2008 70 69% 70 Singer Mfg (68) 108 141% 141% 141% 2 2% 2% 2 2 3 3 8¢ 34 41 41 5% 5% 13% 13% 5 5 18% 19% 1 1 3 2% 19 1 34 80s 41 3 & 8o Penn Ol (1.508) 8 Cal Ed pf (1.508). Southland Roy .358- Stand O1] Ky (1a) Standard Prod 90y Stand Stl 8p 1.50s. 7 18% 1 6 8 19% & 25s 3 4 2% 2 19% 108 49 49 49 3508 93% 93% 93% 208 109 109 109 % %) 5 & 4% 33 2% 3 2% 19 Tasgart Todd Shipyard (8g) Toledo Ed pf 7 Trans-Lux (.05 Transwest Oil Tri-Contl war Tubize Chatillon Tubize Chat (A) le. Udylite .10e _ Unexcelled Mfg 258 1 4% 4% United Chemical 1 4% 4% United Gas & & & United Gas pt 2.25k too. 119 1181 118% Ttd Lt & Pwr (B).. UtdLt & Pwrpf___. 21% Unit Sh M (2.50a) 554 TS Foll (B)- 3% Ttd Wall Pa (. 14 Univ Corp vte 8% Util Equity pf 2.508 Valspar Corp Va Pub Sve pf. Vultee Atrcraft____ Wayne Knit (28! West Va C&0 .208. Wright H (h.408) __ 3Unit of trading, 10 enar tcy or receiver: Bankruptey sumed by such companies. dends in the (or:aolnt "llble are annual disbursements Iast quarterly semi-annual declaration. DUnicss other. Ex, or Ix‘!l dl'id!nfll are nlmh Tactaded ERE 3 ] 4 MI 33 4 2% 4% 83 2% 4% 144 21% 554 3% 14 8% 90 xd Ex divid l . lhl.’. C‘ 'n Paye Ahle in Otnlflhn fyn dividends paid or dec! IM S 2 g ESLEi DRSS aSSS *2a0BRESELER & G | W BPS Dt ! e2253ere 355 S e Aasit ety W Rys 55 27 cod 33, 8t Ry 5ias 52 ; , Cities 8vc s 50 11 Glties Service 85 88 guet Servlc! 5! 104 | | SBT3 SEFERES S S S ST 2,235 550 32 <. EA LN Minn P&L 4125 Miss River P RSEsEs & FOFENE I it Y SRR 233833523 SSSRTSITRIIAL, S ome oon! 233228 e RS % | using existing facilities. % | that time of all passenger car build- + | to avoiding the loss of many thou- - | —tank plants turning out twice as " | have them. They would not have | cent discount, | Baltimore Livestock West"pa BF 55 60 York Ry 5s 37 mat York Rwy 85 47 st .- 77 P(mmcm Farans, Braz 7s B 18 18 Wll& "rnntl _ xw Without rants. lew. st (stp) Stamped. New York and Chicago Bank Loans Climb BY the Associated Press. The Federal Reserve Board re- ports that New York banks in- creased their commercial, industrial | and agricultural loans $30,000,000 to a total of $2,629,000,000 in the, week ended January 28. Chicago | banks boosted similar loans $5,000,- 000 to a total of $725,000,000. Close . M’'nth ago 1122 Year ago.114.1 41-42 high 115.1 41-42 low 112.1 Civilian Producfion 0f Cars Tomorrow Industry Experts Warn Change to War Output Is Not Overnight Task By DAVID J. WILKIE, Associated Press Staff Writer. DETROIT, Jan. 30.—The automo- tive industry today neared the end of most of its normal activities pre- paratory to, adapting its entire pro- ductive capacity to the manufacture of war implements. Officially, passenger car produc- tion stops tomorrow. A few com- panies, however, have been author- ized to continue for not more than 10 days to complete January quotas. The 100 per cent conversion to war supplies production, industry heads warned, is not just an overnight tac nd tanks and airplanes won't come off assembly lines at the same rate automobiles have been poured out in the past. At the same time, experts assert, results expectable by early summer will be “surprising” to most persons. Only Have Orders Now. In four decades the Nation’s auto- mobile factories have turned out more than 85,000,000 motor vehicles; what they can do in military imple- ment manufacture in the year ahead rests in the co-ordination, now un- der way, of their men, machines and materials. The nearest the in- dustry has to a war production schedule at the moment is upwards of $8,000,000000 in orders, more than twice the total of last year’s automobile and armament output value. “We're going to stop all peace- time activities shortly and get into a full 100 per cent arms production Jjob as quickly as possible,” said one leading industry figure. “This means stop the assembly lines that were engaged in car output, clear them out of plants and install in their place our arms-making tools.” Didn’t Foresee Pearl Harbor. To criticism that the industry was slow getting under way, the same authority said: “It has been said we insisted upon building new factories instead of We have done both, and, moreover, nobody foresaw Pearl Harbor a year ago. The orders the motor industry had & year ago were just about enough to keep us going—certainly not enough to warrant a cessation at “One major fact overlooked in many quarters is that in addition sands of man hours of employment, we now have the new plant facilities | many mobile fortresses as were ex- pected—aviation engine facilities far ahead of output schedules—aircraft sub-assembly plants also in delivery and one of the largest bomber plane factories in the world that soon will be producing on a schedule much c;uwr than any one ever dreamed of. ‘“From any viewpoint these fa- cilities were needed and we now been ready a day sooner had we stopped all normal activities last| summer.” | Foreign Exchange NEW YORK. Jan. 30 (¥ .—Late foreign | exchange rates ‘follow (Great Britain in dollars, others in cents). | Cana Offcial Canadian Control Board rat for United States d 5. 10 er cent premium: selling, 11 per cent mium: equlyalent to discounts on Clmgun | | Qollars ‘T New. York ‘of buving. 061 er | Gent selling, 009 per cent 'Canadian dollar in New Y n market, 1111 per | o SBTRI " Uhived States | cents. up . Europe. Great Britain, official (Bankers Poreign | Exchange Committee rates), buying. 4.0; selling, 4.04, open market; ‘cables, .04, Latin A- ries oATeentine, offclal, 20.77; tree, 23.65, up ce: azil. ’offcia B im3n: Memce 20,708 F e (Rates in spot :-blu unless otherwise indicated.) n Nominal. BALTIMORE, Jan. Department of Agricul tations Cartle—25. 30,6 (Tnited States | culture).—11 a.m. auo- | G, ead gold I 8—700. *hady wit n?cnul top. 1240 good ant thfllc! lfil- 0 130-160 pounds . pounds. _and 22 90; 240-360 E T o0-7B e f\“li Xound! 11 '!H- 5: Dl:."ll ifi'l 10gicep—25. Nominal. India Ls using wood from the! United States in making gliders. Stock Averages 30 Indys. Rats. i 806s. Net change. —3 unc. unc. —.2 Today, close 539 17.0 261 Prev. day _ 542 170 26.1 Month ago. 55.1 156 263 Year ago _ 590 165 343 1941-2 high 639 19.0 355 1941-2 low. 517 134 245 1940 high.. 742 205 406 52.2 1940 low... 52.3 13.0 309 37.0 60-Stock Range Since 1927: 1938-39. 1932-37. 1927-29. 54.7 157.1 753 337 169 618 High - Low - (Complled by the Assoclated Press.) Bond Averages Rl 10ddst. O # Net change . +.1 unc. unc. Today, close 64.2103.21003 Prev. day.. 64.1103.21003 Month ago. 60.8102.7 999 Year ago . 625104.7100.3 1941-2 high 665 105.4102.2 1941-2 low. 58.3102.6 989 1940 high.. 61.4105.9 100.7 1940 low... 48.3 989 903 10 Low-Yield Bonds. 1124 Prev.day 1125 1940 high114.6 1940 low. 108.4 (Compiled by the Associated Press.) United States Treasury Position By the Associated Press. position of the Treasury January 28 compared with corresponding date = January 28, 1942. Price Administrator Leon Hend- |Beceots - erson sald issuance of the formal pflce schedule was necessitated by ing eonunued reports that some dealers | Receints re making sales at prices mater- mly"!&n excess of the informal agree- men b 27 s hindiy 22,104,017, [} D. C, P Allied gllvu—2b Nommll Quotable top and | Na Auto Production Cut to 73,305 Units in Week B the Associated Press. DETROIT, Jan. 30.—Ward's Re- ports, Inc, today estimated this week’s car and truck uction at 73,305 units. This cdmpares with 79,930 last week and with 124,400 last year at this time. The survey said that next week would see several producers still operating on cleanup of their pas- senger car quotas for January. Thereafter production will be con- fined to truck output, mainly in medium and heavy-weight classifi- cations. Continental Bakirg Reveals Decline in 1941 Earnings $2,861,521 Net Compares With $3,500,331 in Preceding Year By the Associated Press. NEW_YORK, Jan. 30.— Conti-| nental Baking Co. and subsidiaries | showed net income of $2,8615321 for the year ended December 27, 1941, against a net of $3,500,331 in 1940. Mathieson Alkali. ‘The Mathieson Alkali Works, Inc., reported net income for 1941 of $1,- 743,628, equal after preferred divi- dends, to $190 a common share, compared with $1587,812, or $1.72 & common share, in the preceding year. Consolidated Gas. Consolidated Gas Electric Light & Power Co. of Baltimore reported net | income of $6,702,383 in 1941, equal to $464 a share of common stock after dividends on the preferred, and compared with a net income of $6,255,324, or $4.41 per common share H° in 1940. Total operating revenues for the last year were largest in the com- pany’s history, the report said, amounting to $43,103,465, ln.inst $30,195928 in 1940, an increase of $3,907,537. Union Pacific. Union Pacific Railroad Co. re- ported today in a preliminary state- ment for 1941 net income of $28,- 857,420 after charges and taxes, This FRIDAY, JANUARY 30, 1942. Refail Trade Holds At Record Levels During Week Some Slackening Seen In ‘Scarcity’ Lines; Buying Abnormal BY the Associated Press. NEW YORK, Jan.. 30- said today. The stock-up buying move had not yet spent its force, estimated at between 18 and 22 per cent above last year. “Multiple purchasing,” said, normal volume of sales in articles which consumers had signaled out as being subject to shortages in the future, quality changes, or price in- creases! “Retailers who tended to regard the trend as not only abnormal but unhealthy had suspended promo- tional activity on many items and in others had instituted informal rationing schemes. “Calls for winter clothing con- tinued unusually heavy,” the report stated, despite relatively mild weather in many sections. Worsted clothing stocks especially were thin- ned out. the survey Washington Produce prints, " 36: pound prints. 35: 89 score. tubs, 34 g pound ~ prints. Tound brints. 31 I{—Cllvuv 15: spring lambs. Zprom Asticultural Marketing Bervies. Washingtor Prices paid net EGGH l{:rk!l “sieady. P'rleu pald for was equal, after preferred dividend = requirements, to $11.19 a share on the common stock. In 1940 net income was $19,445,- 880, equal to $6.96 a common share, Union_Electric. 1 Ro ST. LOUIS, Jan. 30 (#).—Union| No Electric Co. of Missouri, perhaps in its last year as a North American subsidiary, reported today net earn- current receipts, some nf belter 1\!!!“1‘ hofll!r weights up to 34 7 230 g Rrce DIS. S g n= A 11-15: No. 2s. sters. -15. ickens. Virgil 3 hmuerl and fryers, all sizes. éfl;‘m' 225 fl" .\3-1‘, eds, = 28. 'hlrl!"v E{ Anfl ings of $7.186811 in 1941, equiva- o‘:nnu lent to $2.67 a share on the 2,695~ 000 shares of common stock out- standing, all owned by the holding | company. This compared with a net of $6,- 324,196 in 1940, or $2.76 on the 2,295,~ 000 shares of stock then outstanding. North American purchased an addi- tional 400,000 shares last year for $10,000,000 to provide the utility with expansion capital. Dividends Announced 30.—Dividends de- lishing YORK. cllred. Puuud b’ the Fiich Publ Co.: Extra. Pe. Btock of Fay- Fairbanks H le. rse 1 Natl e § 28 Nt B Parker Pen 20 Tide “Wat Assoc OH "10¢ T Arrears. Real Silk Hos Mills of $4 __ Inerease. Stand Oil of Calif___ 3bc .. 2 1 In Ry Cen M-8 P % Pl $1.50 5 Led O ot 81620 - Kid AmerdMeul Co Ltd Stberg Carl Tel of Tide Water Assoc Oil | City, New"Jersey, are the | Tsabella | U. S. Treasury Notes YORK. J; 0 — in do\lul and t;:r"s- Cal u.?flbfi - Rate. Mo. Year. 942 1% 2 gnl. 1942 Dec. Bid- a 2 o = =2 5 3822222232 = L gl":'z ey 8232222322 3131900 19 4 B Ot 00 1 30 e e SR EE W -_5:*5;;5 Loy 946 l to Peder: income taxes. [ o8, 'y g -1 LAIDLAW & COMPANY NOTICE OF LIMITED PARTNERSHIP CERTIFICATE NOTICE IS HEREBY GIVEN that mited Partnership. has been formed to cone tinue under the firm name of Laidiaw & Com~ | pany. the business heretolore carried on by the mited Partnership of the same name ('hhl. | by the voluntary act of all the Partners, t | minated on December 31, 1941) and by Tte | predecessors. The tflh is to be | ducted under the name of Luidlaw & Compan: that cling and Gening [n-wad Zith stocks, bonds 4 | motes, securities, negoti 9 Maj , New Jersey; Elliot C. R. Laidlaw, | b Eighth Street, Plainfield, New Je Louis W Noel, S44 East $6th Street, New Vorl New York; Edward Roesier, Jr. ll !l(nl‘ . New Lorraine Fo Hllhn .Dlrltll ‘Connece Macl.cas, 20 North Breadwary White th-k k, and Williar. F. Van Deventer, 36 North Mioaor S 3 ersey, are the General Partner: 0od Laidlaw, 143 Dwight Hum Eul& | wood, New Jersey. and Henry r. Ridgeway Avenue and Bosrdwalk, Atlante v rtners, ‘Wood Laidlaw and Henry Mo have contributed $200,000 and ,000, re- ‘rmuly.mmemmmk the Partner ip. The Partnership is lomml 1, 1942 and terminate. ber 31, 1944. Cere | tiicate ‘of Limited Partnership. Signed and acknowledged by all the partners, was filed on Yanuary 3. 1943, in the office of the Clerk of the United Stater District Court for the Dise Union Gas of Can Wrigley (Wm) Jr trict of Columbip. Play Safe! Don’t leave your valuable papers, jewelry, ete. exposed to the hazards of fire and theft. Put them safely away in a Safety Deposit Box— available at either of our two Banking Offices. Secure, easily accessible and nominal annual rentals. Every Defense Bond and Stamp you buy is & contribution to victory. 1333 G St. N.W. H Organized Member Federal Deposit Loans Availal January 28, 1941 ,624,816.84 702 i”‘l g& SAVINGS & Keep om buying. The Second National Bank of Washington 09 Senmh S N.W. 3 ‘Insurance Corporation REMODELING . . . NEW HOME PURCHASE @ AH monthly pay- ments applied directly to loan balance. ©® No commissions or renewals. o red tape or waiting. ble in D. C. or Nearby Maryland and Virginia OLUMBIA FED LOAN ASSOCIAT FINANCIAL. American Tobacco Co. iz Reporfed Planning Huge Financing - May Seek as Much As $100,000,000 in New Offering Bv the Associated Press. Utllity Offering Due. J. Wesley McAfee, president of m “still accounted for an ab-|sale. Financial circles sald the distribu- tion of 2,695000 shares now owned by the North American Co., would be the largest since passage of the 1933 Securities Act. Union Electric; one of the Nation’s biggest operating utilities, has formed a part of the North American Co. holdings since 1901. The sale will be in conformance with integration proceedings against North American by the S, E. C. and will be conducted through a Nation- wide banking syndicate, headed by Dillon, Read & Co. North American filed an applica- LAIDLAW & COMPANY NOTICE OF CANC!LLATIO‘( OoF LIMITED PARTNERSH| CERTIFICATE Notice is herel Limited Partnershi ted Partnership under the firm -me of und.h & Company, ooy ol 1 Cortimate B o e e ertificat The Office of said Clerk on J-fmy"" Piva undersigned, being all a2 lhnl!d.nnntflhlp under lhe firm name of he partners in ners, be 1941, dulflcbya«hmmunnd give notice that ‘said limited part will o i nership be dissolved flhudml is hereby can- _l‘gwnfls‘gsd\fvnlnloF he undersigned have hereunto subscribed e mber, 1941. EDWARD ROESLER G|UBERT U, BURDETT LORRAINE F. PlTMA reral Partners ISABELLA ‘WOOD LA V.A HENRY "‘SWIENB ) ) f P Spetias Perimers ot by e e o . % WEAVER BROS in¢ ool Pirat D = 14th & H Sts. N.W. NN b:f.n lNl.anuMnnfl cer- | ition t! their names this 23rd NENTNNENINANENN W ipproval of the ph.uto-wlr MORTGAGE LOANS Favorable Rate VIRST DEED OF TRUST ONLY HARRELL BROTHERS & CAMPBELL 716 11th St. N.W. R. 8. TO BUY, BUILD OR REFINANCE! When you deal with us, your loan application is considered promptly; men familiar with local conditions and real estate values are ready to assist you! MONEY is instantly available, once your loan is approved. Get & head start—see us NOW for & QUICK-ACTION home loan. We Sell U. S. Defense Savings Bomds and Stamps NOTHERN LIBERTY BU|LDINGASSOCIATION Under Supervision U. §. Treasary 511 Seventh St. N.W. NAtional 8171 uonvmamu,:.o.mmw Cpmdenfiat “‘Building ciation ; . NW. |33|asg.m 30456 ===y First Mortgage Loans Y Peoples Plan FOR OWNING YOUR HOME Small Moathly Payments Peoples Life Insurance Co. 4 Washington Institution National 3581 A A T T2 National Permanent Loans ./4»0 .S:;‘jccl .70 Our DIRECT REDUCTION PLAN Under which you pay interest only on the actual unpai€ balance of your loan: at time of payment. This means a decided saving, because, as your interest payments decrease, the difference is applied on the principal, thus liquidating the loan that much more rapidly. NATIONAL PERMANENT BUILDING ASSOCIATION UNDER SUPERVISION OF UNITED STATES TREASURY 719 TENTH STREET, N. W. NATIONAL 025¢ Momber of Federal Home Loan Bank Sysiem OVER-50 YEARS OF HOME FINANCING