Evening star. [volume] (Washington, D.C.) 1854-1972, June 11, 1930, Image 11

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Evening star. [volume], June 11, 1930, Page A-11, Image 11
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 11 June 1930. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1930-06-11/ed-1/seq-11/>

Newspaper Page Text

MORTGAGE FIRM
DECLARES DIVIDEND
First Disbursement Since
1927 Is Ordered —Sav-
ings Bank Elects.
BY EDWARD C. STONE.
James P. Schick, president of the
National Mortgage <Sr Investment Cor
poration, 1004 Vermont avenue north
vest, announced today that the board
tt .il - r
James P. Schick.
pf directors had
declared a dividend
of 2 per cent on
Its outsta ndi n g
preferred stock,
payable July 1 to
stockholders of rec
ord June 20.
This is the first
dividend declared
by this company
since July, 1927.
Owing to the
' greatly depressed
real estate market
the corporation
was required to
take in many prop- |
erties on which it
held mortgages,
which action caused
it to become in a badly “frozen con
dition and made its capital nonpro
ductive.
Mr. Schick became the vice president
of the corporation in April. 1928. and
on January 1. 1929, was made president.
Upon his entrance into the manage
ment he devoted himself particularly
to the releasing of its capital from its
frozen condition and to the improve
ment of the condition of the mortgages
held by it. . t . .
He organized a real estate depart
ment which has proved most success
ful in the selling of property owned
by it as well as in the renting and
' collection of rents on its income-pro
ducing properties. Although the cor
poration still owns a large amount of
real estate, much progress has been
made in the selling of properties which
came into its possession.
Among other problems solved by this
corporation was the operation of the
Capital Garage. The corporation held
a second mortgage on this property
under which it was required to take
title by foreclosure in June, 1928. Sub
sequently it acquired from the receivers
of the owners the business and since
that time have operated the garage.
This venture has proved entirely suc
cessful and satisfactory from the stand
point of profit, and the business is now
regarded as one of the notable suc
• Cesses of downtown Washington.
That the general condition of the
corporation is much improved is indi
cated by the declaring of the dividend,
which action also seems to indicate im
provement in the local real estate sit
uation.
National Mortgage & Investment pre
ferred stock is widely held in Wash
ington. It is listed on the Washington
Stock Exchange, where it sold yesterday
la two 100-share blocks at 4'g.
Savings Bank Elects Officers.
At toe regular monthly meeting of
the board of trustees of the East Wash
ington Savings Bank held yesterday the
following officers were elected to serve
for the ensuing year:
John C. Yost, president; S. H. Walker,
first vice president; Lewis Flemcr, sec
ond vice president; S. Wilson Earnshaw,
. secretary-treasurer, and Walter H.
Harlow, jr., attorney.
Eight in A. I. B. Delegation.
Eight delegates from Washington
Chapter. American Institute of Banking,
headed by the new president, Frank M.
Pearley, will leave Washington Friday
evening bound for the national conven
tion at Denver. They will go by special
train with other delegates from nearby
cities. Those who will take the trip are
T. Hunton Leith, Security Savings A
Commercial Bank, who is on the A. 1. B
national council; Rose L. Royce, Wash
ington Loan & Trust Co., secretary of
the local A. I. B. chapter; Aubrey O.
Dooley. Federal-American National
Bank, first vice president of the chapter:
William P. Keith, American Security &
* Trust Co.; J. E. McGeary, W B. Hibbs
& Co.; H T. Bisselle. Riggs National
Bank, and Willard Barker, Morris Plan
The local delegates hope to obtain
their share of committee appointments
and anv other honors that may be float
ing about. Mr. Leith has two more
years to serve on the national council so
that last year’s excitement over his
election and the contest that accom
panied it will not be repeated at Denver.
Dividends and Other Notes.
Southern Dairies. Inc., has declared
the regular quarterly dividend of 37 I *.
cents on the class A stock, payable July
1 to stock of record June 20.
Orpheum Circuit, Inc., has declared
the regular quarterly dividend of $2 on
the preferred, payable July 1 to stock
of record June 20.
, The Merchants A Miners Transpor
tation Co. has declared regular quarter
ly dividend of 62 % cents, payable June
SO to stock of record June 16.
Western Union Telegraph Co. has de
clared regular quarterly dividend of S 3,
payable July 15 to stock of record
June 25. Following the meeting of di
rectors. Newcomb Carlton, president,
gtated that business and earnings are
Improving.
Local Bonds In Good Demand.
The Washington Stock Market opened
todav with a $16,000 sale in Washing
ton Gas 5s at 102' a followed by the
three $5OO sales in the same issue at the
same price. Gas 6s, series A. were also
In demand at 102. while a $lOO series B
gas bond sold at 102 V&.
Capital Traction 5s were also In de
. mand. The market opened with two
$l,OOO sales at 93. $l.OO at 93 *$3,000
at 93 ! 4 and $5OO at 93V 4 - Trading
then turned to Washington Gas Bs,
$3,000 selling at 105.
Capital Traction stock sold at 66 > 4
and closed at 65 :j 4 . Potomac Electric
Power 6 per cent preferred came out at
110 Vi and the 5Vi per cent preferred
moved at 107. East Washington Sav
ings Bank sold at 25. Mergenthaler. ex
dividend, at 100. and Peoples Drug ex
dividend at 106> 4 Ten shares of Park
Savings Bank changed hands at 72.
Richmond Bonds Awarded.
The State Planters Bank A Trust
Co of Richmond, Va„ was awarded
$2 035,000 4 1 2 per cent Richmond
bonds, due 1940 to 1964, on bid of
103.87. Proceeds are to be used for
achool, street paving, sewer, water
works, gas works and general improve
ment.
' The Pennsylvania Railroad reports
for the quarter ended March 31, 1930,
net income after charges of $11,449,-
666, compared with $12,496,656 In the
corresponding quarter of 1929. Gross
was $142,061,595. compared with $156,-
740 033; net after taxes $20,229,088,
against $29,129,404, and total income
$35,999,892, contrasted with $37,798,-
674
The District of Columbia Bankers’
Association luncheon group had their
first meeting under the new admini
stration at the Willard today, Lanier
p. McLachlen presiding There was an
unusually large turnout of members.
The new president expects to start
work on his standing committee ap
pointments at an early date.
Dispatches announce that negotiations
»re under way for a merger of the
Van Camp Packing Co. of Indianapo
» 11s and the Jewel Tea Co. of Barring
ton, 111. Details are not completed. G.
Bowie Chipmarf of this city is a mem
ber of the Van Camp board of directors.
Eliot H. Thomson of the Washing
ton Loan A Trust Co. told Baltimore
bankers of the brilliant success at
tained by Washington banx« in con-
Ractlon with the co-operative Christ
mas savings campaign. He also stressed
the value of bank advertising in an
•weptionally interesting address.
_
rIX ANCT Au.
I NEW YORK STOCK EXCHANGE I
Received by Private Wire Direct te The Star Office.
Notice—All stocks are sold In one hundred-share lots
excepting those designated by the letter s (85s) (2855)
which shows those stocks to be sold In odd lota only,
Stock and Salon— Frev.
Rich. Low. Dividend Rato. Add 00. Rich. I.ow. Clone. Clone.
424 22 Abltibl Pwr * Paper. 1 30% 30% SO** 31
66 45 Abraham Strauss... 1 52 52 52 55
37% 23M. Adams Exp U. 60)... 29 29 27(y 274 29*.
32 23 Adams Mlllis (2).... 1 29 29 29 304
234 114 Advance Humley.... 13 13 11 11% 15
4114 22 Advance Rumley pf. 4 27 26 26 26
IS, 4 Ahumada Lead 2 % % % *4
166% 118 Air Reduction 15)... 249 145 1364 1384 1454
36 21 Air Way T1 Ap(24). 11 254 23fc 23% 254
24 IK Ajax Rubber 8 14 14 14 14
94 5K Alaska Juneau 50 64 6(4 54 64
154 84 Albany Wrap Paper. 1 104 104 104 94
85'4 224 Allegheny Corp 204 234 22 224 234
964 894 AllogCp x S3O w 54. 189 K 89% 89% 894
994 934 Alleg Cp w S4O w 54 2 94K 94 94 934
72 67 AHpr Steel 12.30).... 3 60 594 594 61
343 255*. Allied Ch A Dvemfi) 81 297 285 288 296
68 494 Allls-Chalmers (I).. 29 594 654 564 584
34 24 Amal Leather 1 24 2K 2K 24
314 18 Amerada Corp (J)... 80 274 244 26 28
104 54 Am Agricul Chem... 4 64 64 64 64
39 26 Am Agricul Ch pf... 1 29 284 284 29*
974 77 Am Bank Note (43). 6 83 814 814 83
644 444 Am Brake 5h0e(2.40) lu 444 44 44 444
128 1184 Am Br Sh AF pf (7). 20a 1214 121 121 122
214 84 Am Brown Bov Elec. 40 184 16 164 174
804 604 Am Brcwn B E pf(7> 20a 744 74H 744 744
1564 1174 Am Can (4) 624 138 130 1354 139
824 52 Am Car* Fdy («)... 6 55 544 56 634
116 954 Am Car A Fdy pf<7). 3 100 100 100 1014
694 51 Am Chain Co •*).... 1 604 50 60 52
514 364 Am Chicle <t2 4)... 34 434 414 414 414
33 124 Am Comm Alcohol... 19 134 124 124 134
594 35 Am European Secur. 2 424 414 414 414
1014 65 Am A Forn Power... 395 79 72 744 79
1004 95 AmAForn Pwr 2d pf. 4 1004 1004 1004 100
334 194 Am Hawaiian SS (2 ) 66 284 264 27 4 264
344 224 Am Hide A Lea pf... 8 234 234 23 4 224
694 66% Am Home Pr0d(4.20) 10 694 59 69 60
414 34 Am Ice (14) 6 344 334 34 344
554 354 Am Internet! (*>.... 57 414 384 384 414
4 2 Am La Fr A Foamlte 2 24 24 24 24
105 544 Am Locomotive (4).. 8 66 664 554 664
1184 102 Am Locomot pf (7). 3 1024 1024 1024 1024
2844 210 Am Mach A Fdy (7). S 2444 235 235 248
514 384 Am Metal «3) 6 384 374 374 384
95 65 Am Nat Gas pf <7).. 10a 86 86 86 86
24 4 Am Plano 11 % 4 % 1
1194 77 Am Pwr ALt (sl).. 46 994 93 93 994
884 80 Am P&Lt pf A st(6). 4 674 874 87 4 874
394 264 Am RaAStd San 14. 127 294 27 274 29
37 204 Am Republics 6 23 214 214 22
1004 624 Am Rolling MIU(n2) 21 654 634 644 66
674 69 Am Safety Razor(6). 3 624 624 624 63
84 14 Am Ship A Com 2 14 14 14 14
644 464 Am Shipbldg (new). 80a 524 52 52 634
794 664 Am Sm A Ref (4).... 11 69 67 67 684
141 1834 AmSm A Ref pf (7).. 1 139 139 139 140
224 8 Am Sol v A Chem.... IS 84 74 74 84
33 4 244 Am SolACh cv pf ($). 2 254 23 4 234 254
624 40 Am Steel Fdy (*)... 15 404 40 40 404
116 1104 Am Steel Fdy pf (7). 10a 113 113 113 1134
664 464 Am Stores (2) 2 464 464 464 474
694 60 Am Sugar Ref (6)... 6 604 60 60 604
110 104 Am Sugar Ref pf (7) 2 1074 1074 1074 1074
264 124 Am Sumatra T0b.... 2 124 124 124 124
2744 216 Am Tel A Teieg <9). 220 2224 2174 2174 2234
2644 197 Am Tobacco ($).... 8 241 240 240 2444
2694 197 Am Tobacco B ($).. 104 250 2434 2474 253
1244 120 Am Tobacco pf («).. 2 1224 1224 1224 1224
1244 884 Am Water Wka tnl) 161 1034 964 984 1014
1064 994 Am Wat W lit pf (6) 1 1064 1054 1064 1054
204 74 Am Woolen 1 124 124 124 13
444 194 Am Woolen pf 6 35 84 35 36
174 8 AmZlnc JUd & Sm. ... 6 10 9 9 84
794 56 AmZlnc pf (6) 2 65 644 644 65
814 624 Anaconda Cop (7)... 84 67 544 544 664
534 334 Anaconda WAC (I).. 1 33 33 33 334
514 35 Anchor Cap (X. 40)... 2 444 434 434 44
294 224 Archer-Dan-M (l).. 3 224 224 224 224
824 744 Armour of Del pf (7). 1 784 784 7?4 78
84 54 Armour of 111 (A)... 16 54 64 64 6
44 24 Armour of 111 (8)... 7 34 34 34 84
65 65 Armour of 111 pf (7). 6 62 614 62 62
134 64 Arnold Constable.... 1 8 8 8 84
464 334 Asso Appl lnd (4)... 4 37 36 36 36
604 28 Asso Dry G (84)... 7 404 39 39 404
954 85 Asso DG istpf (6).. 2 92 91 92 92
242 4 2154 Atch To A8 Fe (10). 14 219 2164 217 2184
107 1024 Atch To ASF pf (5). 3 1064 1054 1064 1054
1754 1614 Atl Coast Line (tlO). 1 164 164 164 163
804 694 Atl Gulf A W Ind(l). 6 694 59 59 614
614 364 Atl Refining (T 2).... 87 394 374 374 394
106 764 Atlas Powder (4)... 9 76 744 744 78
106 101 Atlas Powder pf (I). 70s 1054 106 105 105
37 264 Atlas Stores (n1)... 23 294 274 274 284
2634 135 Auburn Auto (14)... 63 145 125 1284 140
7 6 Austin Nichols 8 54 64 64 6
30 26 Austin Xich pr A(3 ) 4 264 254 25 4 26
104 44 Autosales 5 64 54 64 54
684 37 Auto-Strop Saf H(3» 2 624 624 524 584
94 44 Aviation Corp of Dal 78 64 64 64 64
88 234 Baldwin Loco (1%). 19 244 28 23 24
1224 1084 Balto A Ohio (7).... 16 111 1084 1084 1094
844 63 Bang A Aroos (2%). 8 764 744 744 76
20*4 164 Barker Bros (2).... 60s 164 164 164 164
34 204 Barnsdall. A (3).... 144 254 224 224 25
994 97 Bayuk Cgr Ist pf(7). 10a 98 98 98 98
92 674 Beatrice Cream (4).. 8 85 83 84 84
704 56 Beech-Nut Pkg (8).. 2 54 684 534 66
64 4 Beldlng-Hemlngway 1 44 44 44 4
574 324 Bendlx Aviation (2). 93 374 344 354 374
564 314 Best ACo (2) 69 494 464 46 484
1104 90 Bethlehem Steel (•). 198 924 86*. 87 934
134 1224 Bethlehem Stl pf (7) 6 1314 130 H 1314 131
414 344 Blaw-Knox (14)... 11 364 364 364 36*.
69 434 Bohn AIA Brass (8). 9 46 424 424 47
904 604 Borden Co (kJ) 204 844 80 824 844
504 324 Borg Warner (1).... 26 264 344 364 364
244 134 Briggs Mfg Co 121 194 18 19 194
4 14 British Empire Steel 1 2 2 2 2
224 13 Brockway Motor Trk 18 194 184 184 19
85 68 Brockway Mot pf (7). 80a 82 81 81 83
784 63 Bklyn-Manhat 44).. 38 674 67 67 694
154 10 Brooklyn A Queens.. 1 134 134 134 13
1784 131 Bklyo Union Gas (5) 25 146 1344 138 1454
42 40 Brown Shoe (J) 1 40 4 404 404 404
304 134 Bruna-Balk-Col 12 164 164 164 164
334 144 Bruns Ter ARy 8... 6 18 17 17 18
314 224 Bucyrus (1) 6 25 244 244 264
43 334 Bucyrus cv pf (259). 4 394 394 394 374
164 94 Budd<EG)(l) 14 104 94 94 104
144 84 Budd Wheel (1) 48 11*. 10*. 104 114
89V* 77 Buff A Susque clfs.. 1 894 894 894 894
74 294 Bullard Co (1 60)... 67 444 394 414 444
43 264 Bulova Watch • 3>... 29 294 29 29 29V*
1104 974 Burns Bros (A) («). 2 974 97 4 97 4 974
35 17 Burns Bros (B) 8 20 20 20 204
514 37 Burr Add Mch (1>... 84 40 384 384 394
484 36 Bush Termni (24).. 4 394 38** 394 394
110 1004 Bush Term deb (7).. 20s 105** 106** 1054 105
44 24 Butte Cop A Z (50c). 1 3 8 3 24
54 2K Butte Superior 12% 2% 2% 2K
294 164 Butterlck Co 2 20 19 19 20
112 K 70 Byers (AM) 163 904 81 854 904
774 654 Calif Packing (4)... 13 684 674 674 684
24 1 Callaahan Zinc A Ld. 7 14 14 14 14
894 504 Calumet A Ariz (2).. 16 644 64 64 64
334 164 Calumet&Hectal 4). 13 174 17 17 16*.
30 19 Campbell Wyant «2) 10 224 21 21 22
754 674 Canada Dry G A (6). 10 664 634 634 644
226*. 1874 Canadian Paciflc(lO) 31 1984 196 197 1964
624 484 Can Paelflctnewiw.L 35 49*. 484 484 49
34V* 23% Cannon Mills (1.60). 7 244 23H 24 23V.
3624 1924 Case (J I) (6) 107 2344 215 2164 217
132 115 Case (J I) pf (7).... 60s 130 130 130 130
794 64 Caterpillar Tract 3 4 63 704 664 664 684
134 8 Cavanaugb-Dobbs.. 17 6 6 8
75 69 Cavanagh-D pf(6 4) 10s 614 614 614 60
60 20 Celotex (3) 183 25 4 224 23 284
844 60 Celotex pf (7) 1 65 65 65 66,
304 234 Cent Aguirre As 14. 2 244 244 24 4 244
84 34 Century Rib Mills. .. 3 44 44 44 44
624 51 Cent Rib Mills pf (7) 50s 61 61 61 61
I 654 to*. Cerro de Pasco (6).. 12 014 t>o% 514 604
j 154 84 Certaln-teed Prod... 9 84 8 8 84
! 674 304 Checker Cab (4.20).. 22 354 32 32 344
' 2414 2014 Chea A Ohio (10).... 15 1864 183 183 207
I 82 4 624 Chea A Ohio Corp ($> 10 634 614 614 634
! 10 44 Chi A Alton 6 64 64 54 64
104 54 Chi A Alton pf 5 6 54 54 6
534 36 Chi A Eastern 111 pf. 2 374 374 374 38
174 114 Chi Great Western.. 18 124 114 114 134
524 34 Chi Great Weatn pf.. 18 424 404 40V* 44
264 164 Cht Mil StP A Pac... 29 174 164 164 18
464 27 Chi Mil StP A Pac pf 58 28 254 254 284
< 894 76 Chicago AN W (6).. 23 77 754 754 784
1404 1364 Chi ANW pf (7). ... 1 140 140 1(0 140*.
37 174 Chi Pnen T 001...... 14 184 174 174 174
554 484 Chl Pneu Tpf (3V4). 5 514 51 514 50
1 1254 1054 Chi Rift Padll... 12 1054 1054 1054 1074
J 32 264 Chi Yellow Cab <*). . 10s 274 274 274 264
324 20 Chickasah Cotton 011 7 204 20 4 20V* 20
674 53 Childs Co 12.40) 167 64 61 624 63
43 304 Chrysler Corp (1)... 200 324 31 32 324
49 394 City IceAF !k3 «0).. 9 404 404 404 404
134 74 City Stores (50c 19 84 84 84 BV*
105 914 Cluett-Peabdy pf 7). 20a 964 96 96 97
1914 1334 Coca-Cola <•> 44 1834 1764 1784 1824
644 584 Colgate-Pal-P (24). 3 594 59 59 60
35*. 144 Collins A Alkman... 15 25 234 234 264
204 13 Colonial Beacon 5 15 144 144 154
’ 77 364 Col Fuel A iron 12). 103 614 554 58 614
’ 764 Colo A South (3).... 1 75 75 75 80
■ | 87 69 Col teas AEI <2l .. 83 774 72 734 78
’ HO 1044 Col Gas AEI pf Ai«) 1 1094 1094 1094 110
1 374 204 Colum Graph (a2Bc). 294 224 204 21*4 23
• 199 1284 Columbian Carb •»«) 45 145 1384 1394 136
t 40*4 234 Comm Credit (21 ... 63 28*4 27 27 284
95 764 Com Credit Ist ($4) 60a 90*. 894 8 94 894
254 224 Comm Cred pf (14).200a 234 23 23 24
I 274 22 Comm Cred pf B (2).140s 25 24 25 244
! 65 354 Comm in* Trigl.6o) 20 364 34 34 36
87 80% Com lnv Tcv pf(e«) 1 814 814 814 80*.
38 26 Comm Solvents ($1) 201 274 26 26 27
204 12*4 Comwlth A Sou(«0c) 264 164 164 15*4 164
• 104*. 99 Cmwlth A Sou of i«> 11 102% 102% 1024 1024
. 57 44 Conde Nast Pub (2). 1 45 45 45 46
■ i 19*. 13 ('oneoleum Nairn . . 114 134 13 134 134
» 564 35 Congress Cigars (4). 2 39 364 384 38
59% 394 Consol Cigar .71. .. 7 454 414 414 404
27% 154 Consol Klim (2) 32 22% 204 21 22
- '284 18 Consol Film pf <X|.. 34 22*. 21 214 22%
| 1364 96% Consol Gas N Y 14). S6O 124% 118 1204 125
1 1034 994 Consol Gsa NY pf(l) 8 1084 1084 1084 108
62 49 Con RR Cub pf «)..i 7 60 694 694 $94
THE EVENING STAR, WASHINGTON, D, C., WEDNESDAY. JUNE 11. IfMO.
Sleek and Sale*— Fre*.
High. Lew. Dividend Rate. Add SO. Blah. Low. Close. Close.
2 1 Consol Textile 21 14 1 14 1
224 12 Container!A) <1.20). 12 164 14% 14% 16
84 44 Container(B) 1 6 6 6 6
624 24% Conti Baking (A).... 46 26% 23% 244 264
73% Conti Baking (8).... 21 44 4 4 44
944 74 Conti Baking pf (I)- 5 764 75 764 76
71% 504 Conti Can 12 4) 63 62V* 58% 58% 62
*7% 18% Conti Diamond <2).. 23 224 214 214 20
77% 68 Conti lnsur (3.40)... 10 62 604 604 61%
84 44 Conti Motors 10 4% 44 4% 4%
804 194 Conti Oil of Dol 146 24% 224 23 24K
404 27% Conti Shares (1).... 67 304 27% 294 30
111% 874 Corn Prod (t1%>.... 76 1034 98% 984 103%
1474 140 Corn Prod pf (7).... 10a 1454 1454 1454 145
33 204 Coty. Inc. .. 69 204 194 194 204
35% 254 Cream of WhtttlW)- 10 38 »2 33 31
29 4 9 Crex Carpet. 2 16 16 15 15
22 104 Crowley Radio 6 16 14 14 144
69% 43 Crown Cork A Seal.. 3 45% 45 45% 46
93% 744 Crucible Steel 1k5).. 9 764 74% 74% 75
117 110 Crucible Steel pf (7) 10* 1104 1104 1104 1114
7 34 Cuba Can* Products.. 1 34 34 34 34
194 9 Cuba Co 6 174 174 174 174
y 64 Cuban-Amer Sugar.. 6 64 64 64 64
24 1 Cuban Dom Sugar... 3 14 IV* 14 14
1214 1144 Curtis Publlsn pf(7) 1 1204 1204 1204 1124
144 64 Curtiss Wright Corp 243 84 7% 8 84
19% 104 Curt Wright Corp A. 25 114 11 114 11%
904 64 Cutler-Hammer(lli) 14 674 624 62 4 67
43% 28% Davison Chemical... 26 324 30V* 804 824
181 1614 Delaware A Hud (9). 1 169% 169% 169% 169
163 1194 Del Lack AWn (<7*. 9 1214 119% 119% 121
80 60 Denver AK G W pf.. 4 644 64 64 634
265% 195% Detroit Edleon (I).. 4 219 216 216 218
237 139 Diamond Match ts).. 1200 200200 206
9% 6% Dome Mine* (1) 6 8% 8% 8% 84
SO% 20 Dom Stores ($1.20).. 11 22% 22 22% 224
87% 77 Drug Corporatn t*>. 96 82 804 804 814
434 27% DunhllJ inti ($4).... 3 304 29 29 304
1454 1124 Du Pont d* JN tt4.70) 110 123 1164 117 122
121 1144 Dupont deN db pf(6) 1 1194 1194 1194 119V*
1034 100 Duques Lt Ist pf ($) 2 1034 103V* 1084 103
674 444 Durham Hoa pf(s).. s4o* 614 614 614 614
2554 176% Eastman Kodak tts) 148 231% 2144 2194 2214
37 4 244 Eaton Axle A S (*).. 17 27% 26 4 264 27%
62 40 Kiting ton-Schild pf.. 3 40 40 40 40
1144 80 Kleo Auto Lit# (•).. $9 84% 784 80 83
9% 44 Electric 80at....... 1 6 5 6 6
1034 494 K1 Pwr A Lt(l) 994 844 774 79% 85
112 1064 El Pwr ALt pf |7). . 6 1104 110 110 1104
14 6V* Elk Horn Coal pf. ... 60s 6 6 6 54
7% 34 Emerson Brant lA). 1 3 3 3 34
34 24 Emerson-Brant (B)« 1 14 14 14 24
66 394 Eng Pub Serv (2.4 U). 8 69% 674 5a 584
1074 94-,% Eng PuttSvc pf t 6) .. 2 1044 104 1044 10a
50% 39% Equit otffce Bldg 1$) 4 48 48 48 48
63% 40% Erl* KB 38 41% 40 40% 41%
67% 61 Erie K R Ist pf (4).. 2 63% 63% 63% 63%
43% 20 Eureka Carp Cl (4).. 1 194 194 194 20
30% 11 Evans Auto Ldg 2%. 18 124 104 11 11
26% 22 Exchange Bus (11$). 20s 24 24 24 24
39% 12 Fairbanks Co pf 10a 124 124 124 124
604 344 Fairbanks Mora* (I) 18 46 41 41 45V*
274 13% Fash Park Asso 9 144 11 144 13%
90V* 59% Fed Lt A Trc (sl4). 7 70% 694 694 70%
124 7% Fed Motor Tr t»0c). 2 9% 9% 9% 9%
43 324 Fed Wat S. A 1*2.40) 6 34 334 33% 344
38 29 Federated Dept Strs. 11 314 27 4 27 4 304
89% 664 Fid Pho Fir* iill.CO). 2 73 714 714 71
104 7 Fifth Av* Bus (64e). 60a 8% 8% 8% 9
404 31 Filene’s Sons 1 31 31 31 31
334 21 Firestone T&Rt 1.60) 4 214 20% 20 4 21
874 76 Firestone TAR pf (•) 4 764 75 76 764
61% 60% First Nat Strs IsVi)- 77 664 634 634 65%
64 3 Fisk Rubber........ 13 34 3Vk 34 34
21 10 Fisk Rubber Ist pf.. 180a 11 10 11 10%
21% 10 Fisk Rub Ist pf cv.. 80a 12% 11 12% 10
504 30 Follansbee Bros (3). 1 31 31 31 30
1044 604 Foster Wheeler (2). 227 95% 844 89 95
28% 154 Foundation Co 2 174 17 17 174
50 364 Fourth Natl Invest. 6 38 36 36 87
57% 164 Fox Film (A) (4)... 443 484 43 45 49%
554 384 Freeport. Tex (t 5).. 122 484 444 454 48
954 90 Fuller pr pf(T7.84).. 60* 90 894 894 90
86 80 Fuller 2d pf(t7.40).. 30* 844 844 844 84
7% 34 Gardner Motor 2 84 34 34 34
164 114 Gen Am Investors... 11 11% 104 104 114
1114 974 Gen Am Tnk Car(s4) 166 102 97% 99% 101
714 494 Gen Asphalt (4) 20 54% 62% 62% 544
125 105 Gen Baking pf (8)... 20* 115 116 116 115
384 25 Gen Bronx* tl) 28 27 4 24 4 26 26%
344 174 Gen Cable 6 194 18 194 174
74% 51 Gen Cable (A) (4)... 3 604 60 60 634
61 48 Gen Cigar (4) 6 49% 48 49% 60
96% 604 Gen Electrlo (1.50).. 1670 774 724 74 784
114 11% Gen Elec spec (60c). 7 11% 11% 11% 114
614 464 Gen Food Corp <s).. 224 574 64V* 66% 674
18% 104 Gen GasAEl. A(*I0). 185 11% 10% 114 114
1064 85% Gen GAEI cv pf(6).. 4 884 86 86 674
111 104 Gen GAEI pf A (7). 50a 106 106 106 106!-,
122 115 Gen GAEI pf A It). 10a 120 120 120 121
44% 37% Gen Ital Eds <a2.62). 3 374 37% 37% 37%
59% 484 Gen Mills (1) 3 464 46% 45% 454
544 374 Gen Motor* (t1.t0).. 961 464 444 45V* 46%
964 944 Gen Motors pf wl (5) 31 944 944 944 95
115V* 104 Gen Motors deb ($).. 1 1164 1154 1164 116 Mi
1314 1174 Gen Motors pf (7)... 84 127% 1274 1274 1274
21% 12 Gent Out Adv (»).... 1 114 114 114 12
624 32% Gen PublicSvo (b«).. 22 414 394 39% 41
1064 854 Gen Ry Signal (6)... 45 88 844 86% 87
19% 134 Gen Realty A Util... 18 154 13% 13% 15%
100 91 Gen RltyAUtpf (e6). 2 924 924 924 924
90 67 Gen Refractor! t 4 %) 13 78% 75 76 794
101 99 Gen Steel Cast pf («) 2 99 99 99 99
514 37% Gen Theat Equip vto 257 394 35 374 40
1064 804 Gillette Saf Ras(n6) 55 83% 81 814 834
204 114 Gimbel Bros 31 154 13% 13% 15%
824 664 Gimbel Bros pf cT > .. 1 764 764 764 764
38 18 4 Glidden Co (2) 23 194 184 184 194
19 114 Gobel (Ad01f)...... 36 13% 124 124 12%
474 37% Gold Dust (2%) 446 424 374 39% 424
584 354 Goodrich (B F) (4).. 15 37 35 35 374
1044 90% Goodrich(BF) pf (7) 7 91 90 90 91
964 62 Goodyear Tlrs (6)... 68 814 73 76 814
1024 90 Goodyear let pf (7). 1 100 100 100 994
284 11% Gotham Silk Hosiery 13 124 11% 11% 124
79 65 Gotham pf xw (7)... 100 576 76 73 75
15% 74 Gould Coupler 1 8 8 8 8
13% 64 Graham-Pa1ge...... 26 8 77% 8
10% 6 Graham-Palg* rets.. 8 74 7 74 8%
594 27 Granby Copper (S).. 6 30 284 284 294
52 324 Grand Silver S (ml). 1 37 37 37 39
20% 13% Grand Union 6 14% 14% 14% 16
60% 37 Granite City Stl (4). 25 394 384 384 394
43 324 Grant (W T) (1).... 18 364 32% 38 334
102 86 Grt North pf 46).... 8 87% 86 87% 87
994 834 Grt North pfet (6).. 4 834 83V* 834 844
25% 194 Gr Nor ctfs Ore (a%. 15 204 20V* 204 204
344 214 Grt West Sugil.4o). 28 23 22 28 23
28 124 Grigsby Grunow.... 648 234 204 22 4 224
464 32 Gulf Mobile A North 11 374 34% 34% 344
984 94 Gulf Mo AN pf ($).. 1 964 954 954 964
80 43 Gulf States Steel (4) 9 444 42 43 434
32 26 Hackensack W <l%) 100 529 284 29 284
284 26 Hackensk pf A(l%). 40* 274 274 274 274
234 12% Hahn Dept Stores... 28 164 15% 16% 16%
31% 234 Hall (W F) PrCo(2) 1 234 284 234 234]
98 85 Hanna pf (new) (7). 60a 934 93 93 934
724 65 Har Wkr Ref (t$V4). 14 60% 69 59% 604
26 134 Hartman (B) t 1.30). 3 14% 14% 14% 15
17% 64 Hayes Body 16 BV* 74 74 8
135 123% Helm* (G W) pf (7). 10a 135 135 135 135
109 70 Herahey Choc (6).... 65 102 94 954 1004
108% 884 Hershey Choc pf(ts) 17 1024 100 100 99
254 15 Hoe (R) ACo 4 154 16 15 15
414 264 Holland Fur <*t2%). 2 354 35 354 36
12% 64 Hollander Sons 77 77 7
29 144 Houdaille-H (B)l,20. 22 16% 154 164 16%
63 49 Household Fin pf(4). 3 624 62 62 62
1164 524 Houston OH (bl 0%). 838 994 86 91% 92%
414 264 Howe Sound (t4ls).. 5 324 31% 31% 324
53% 46 HudAMan Ry (1.60). 4 46 46% 45% 464
624 354 Hudson Motor (6)... 68 38V* 35% 364 384
26% 15% Hupp Motor Car t*». 28 16% 16 16 164
136% 125 Illinois Cantral (7)..' 8 1244 123 123 126
80% 734 Illinois Cent la ln(4) 20s 77V, 774 774 80*.
32 * 20V* lndepend Oil A Gill). 26 24V. 23 23 23%
17 6 lnd Motor Cycle 11 64 6% 6% 6
28%' 134 Indian Refining 146 154 134 14 15
27% 13 Indian Refining rets. 16 144 134 134 144
124 90 Indus Ray(bs% stk) 8 101 101 101 101
239 1544 Ingersol 1-Rand (75). 6 2064 198 198 2064
98 70% Inland Steel (4) 2 82 82 82 86%
304 164 Inspiration Cop (2).. 20 18% 17% 17% 18
17% 13 insurance Sh 146 c).. 3 13 124 13 13
894 20% Interboro Rap Tran. 19 28% 26V* 27 28%
284 20% Interlak* Iron (1)... 21 21 204 204 21%
84 44 Inti Agricultural.... 2 6% 64 6% 6%
67 4 544 Inti Agricul pf (7).. 2 60 60 60 61
1974 1524 Inti Bus Mach ln«).. 7 184 176 176 182
19% 13 Inti Carriers. Ltd %. 24 144 184 144 14
75% 66% Inti Cement (4) 7 61% 60 60 604
144 6 Inti Combustion.... 63 8% 7% 7% 84
78 30 Inti Comb Eng pf.... 2 55 54 54 59%
116% 78% Inti Harvester (3%). 102 94 864 91 93%
1444 1404 Inti Harvester pf (7). 1 1444 1444 1444 144
64 314 Inti Hydro El A (*s) 117 44 4 414 42% 43
92 664 Inti Match pf (4).... 30 794 76 78 79V4
33 21% Inti Mer Marin* (1). 12 284 224 22 4 22
44% 254 Inti Nlckl of Can(l). 1246 27% 254 264 274
314 234 Inti Pap A P <A)2.40. 1 26 26 25 24%
18 12 lntl Pap A Pwr (C).. 3 IS IS 13 13
324 25 Inti Rwys Cent Am.. 60s 25 25 25 25
153 69 Inti Salt (8) 10 1504 1494 1494 1504
119 88 lntl Silver Ml) 3 88 85 85 88
1124 105 lntl Silver pf «7).... 10a 110 110 110 107
77% 55 lntl Tel A Teieg (I). 390 574 54 54% 584
40 24 Inter Dept Strs ts).. 7 26 244 26 264
32 23 Intertype Corp (2).. 4 254 254 264 26%
29 17 Investors Equlty(l). 16 18V* 174 174 17%
43 34% Island Creek Coal<4) 7 35 35 36 35
664 43 Jewel Tea (t 4) 14 53 494 50 63
148% 95 Johns-Manvlll* ($).. 249 101 924 95 101
1234 1184 Jones A Laugh pf (7) 180* 1224 122 122 1224
64 2 Jordan Motor Car... IS 2% 24 24 24
85% 714 Kan City Sou ($).... 2 704 704 704 724
134 114 Karstadt (R) (1.02). 6 11% 114 114 11%
414 24% Kavser Julius (24). 19 294 28 28 28%
150 85 Kelth-Albee-O pf < 7). 2 110 1054 1054 110
64 34 Kellv Spring Tire. .. 85 64 44 44 44
42 204 Kelly-Spring $% pf. 460a 30 25 294 25
384 224 Kelsey Haves (2). .. 23 230% 294 294 304
26% 74 Kelvlnator Corp 266 224 194 204 21%
89 78% Kendall Co pf(t#.«T) 10* 77 77 78%
(Continued on Phs« 12.)
STOCK PRICES SAG
FOLLOWING RALLY
Some Issues Break Below
Yesterday’s Levels in
Bear Attack.
BY CLAUDE A. JAGGER.
Associated Press Financial Editor.
NEW YORK. June 11.—The stock
market, having just struggled to its feet,
was sent reeling again by the impact of
another wave of selling today, but man
aged to pull itself together and make
substantial recovery by early afternoon.
Important shares tumbled about 4 to
10 points before short covering began
to cushion the decline.
Trading was in comparatively light
volume, but the violence of yesterday’s
late upturn was in Itself enough to bring
out liquidation being held up for better
levels, and this attracted fresh bear
attacks. There was no inclinaMon to
support the market until the selling had
run its course.
The weekly steel trade reviews said
that the trend of production is still
downward, but reported somewhat bet
ter stability in prices.
Wall Street is now giving closer at
tention to developments in Washington
than usual. The tariff bill has become
a chief topic of board room conversa
tion, and there is a general feeling that
any decisive action on the bill, finally
disposing of it, would be a bullish de
velopment.
Corporate News contained several
dividend reductions or omissions by
smaller companies, including Celotex,
which passed the quarterly payment.
These developments affected sentiment
adversely, and bearish rumors, many of
them branded as ridiculous in re
sponyible quarters, were widely cir
culated. One of the more favorable items
was an announcement by Western
Union management that telegraph busi
ness had Improved markedly during the
current quarter.
Several important issues tumbled to
new' lows. Lambert dropped 9 points
*nd Bethlehem Steel 6. both to new 1930
minimums. Shares losing 4 to 6 points
before the rally included such issues as
United States Steel, Radio, General
Electric, American Can, Standard Gas,
Electric Power & Light, Western Union,
Public Service of New Jersev, United
Aircraft and Colorado Fuel. Air Reduc
tion, Johns Manville, Houston Oil, East
man Kodak and Allied Chemical lost
about 7 to 10. Case tumbled more than
17 points, and Auburn more than 13 to
a new low.
BANK CLEARINGS.
NEW YORK, June 11 (Special).—
New York bank clearings, today, sl,-
431,000,000; a year ago, $1,280,000,000.
New York bank balances, today,
$189,000,000; a year ago, $156,000 000.
New York Federal Reserve credit
balances, today. $176,000,000; a year
ago, $134,000,000.
TREASURY CERTIFICATES.
fkeported by J AW. Selmman Sc Co.)
Rete-Meturity. Bid. Offer
3V»s Sept. 15. 1930 100 9-32 100 11-32
3 «s Dec. 15, 1930 100 14-32 100 IS-32
3 a» Mar. 15. 1932 100 16-32 100 IS-32
3’js Sept. 15, 1932 100 16-32 100 16-32
3'rS Dec. 15. 1932 100 16-32 100 18-32
DIVIDENDSDECLARED
NEW YORK, June 11 (JP
Regular.
Pe- P»y- Hldn. of
Company. Rate. riod. able. record.
Aetna Cas A 8ur...40c 4 July 1 June 11
Aetna Life In* 30c 4 July 1 June 11
Air-Way El Ap...62‘ 2 c 4 July 1 June 30
L>o pf 11.75 4 July 1 June 20
Am Yvette *2 0f...50c 4 July 1 June 16
Apponaug Co 50c Q June 30 June 14
Do pf 61.62‘a Q July 1 June 14
Beech Creek RH...50C 4 July l June 13
Broad 8t Invest... ,30c 4 July l June 16
Bronx Cty Trust 40c 4 July 1 June 20
Cap Ad Ltd S'r pf. ,75c Q July 1 June 20
Cleveland Trust 13 4 July 1 June 15
Davpt Hos Mills 50c 4 July I June 20
Do pf 61.75 4 July 1 June 20
•Diversified Inv A..50c Q July 15 July 1
Glens Falls Ins 40c Q July 1 June 20
Intercol Coal $2.00 SA July 2 June 21
Do pf 14 SA July 2 June 21
Mead. John A C0...75c 4 July 1 June 15
Metropoll Ice pf .61.75 4 July 1 June 16
Mid Ut Vr pf A..61.75 4 July 7 June 24
Do 7f« pr 1ien..61.75 Q July 7 June 24
Do 6% Df A....61.50 Q July 7 June 24
Do 6"r pr 1ien..61.50 4 July 7 June 24
Mk. Jd. Voeh pf. 6175 4 July 1 June 15
Nat City Bk JClev),62 <3 July 1 June 23
Peo Nat Bk (Bkyn). .61 Q July 1 June 10
Perfect Circle 50c 4 July 1 June 20
I Petro Royal pf lc M July 1 June 25
, Stand Gas A El. .87 -»c 4 July 25 June 30
Do pr pf 6175 Q July 25 June 30
Tx La Pr 7'« pf 61 75 Q July l June 14
| Trans A Wm Steel..2sc Q July 15 June 30
Extra.
Diversified Inv A...50c July 15 July 1
Mead. John A Co. 25c July 1 June 15
Metropol Ice pf 30c July 1 June 16
Petrol Royalties...l’,c July l June 25
Initial.
Blue Rib Cp Ltd...soc Q July 1 Juna 18
Reduced.
Adamello Gen £1ec..14 lire
Con Dlam Fiber 50c 4 June 30 June 20
Omitted.
Durh Dup Raz pf. 61 Q Due June 1
Stud Mail Ord A . 50c 4 Due July 1
•Payable In cash or stock.
Money to Loan
Secured by first deed of trnst on real estate.
Pravaillng interest and commiialon.
Josephj. Weller Jttf!
• < ► Real Estate Loans >
1 4 ' Lowest interest and #
I i ► commission. ►
< ► Large and small loans ►
► negotiated. y
Also money for sound 2nd " y
> Moore & Hill, Inc. 4 1
! \ (Since 1900) i y
X 730 17th Street N.W. <
Earn 6 l / 2 %
On Guaranty
First Mortgages
A safe, conservative
investment is by far the
better selection. Guar
anty First Mortgages
are placed on improved
Washington real estate
and are further secured
by our resources of
• $3,800,000.
IN DENOMINATIONS AS
LOW AS $250
Stop in, or Send for Booklet,
“The Success Plan”
May Be Purchased on
Monthly Payments
Real Estate
Mortgage & Guaranty
Corporation
Capital Resources Over $3,800,000
24 JACKSON PLACE
NEW SECURITIES
NEW YORK, June 11 {JP).— New se
curities offered today Include:
Central Power A Light Co. $5,500,000
5 per cent bonds priced at 95 by syndi
cate headed by E. H. Rollins & Sons
City of Richmond. Va., $2,035,000 4'i
per cent bonds priced to yield 4.20 per
cent, by First National Old Colony
Corporation and syndicate.
City of Worcester. Mass., $1,000,000
tax anticipation notes by Salomon Bros
it Hutzler.
CHARACTER OF STEEL
DEMAND SHOWS CHANGE
Underlying conditions in those lines
comprising the great bulk of steel con
sumption have been undergoing a
gradual change during the more recent
past. That is, those lines which re- j
qulred the major portion of finished steel :
during the closing months of 1929 and
the first quarter of the present year are
now yielding considerable ground, and
the industry is becoming more and more
dependent, for stabilized operations, on
increased requirements from fresh
sources, according to a current survey
by the Standard Statistics Co. of New
York, which follows in part:
"The railroads in 1929 <in:luding the
equipment makers) accounted for some
17 per cent of aggregate demand, and
were surpassed only by the automotive
industry in the volume of steel taken.
This year rails will undoubtedly head
the list of consumers.
"Railroad equipment orders have
dropped sharply since the high levels of
January and February, and although
work on the books is sufficient to neces
sitate a relatively steady flow of steel
for a number of months, little Impetus
for a higher rate of activity for this
type of demand can be seen.
"Among the other lines responsible for
a good amount of demand during the
early months of the year (although
consuming a smaller aggregate of steel
products), agricultural implement mak
ers are reported to be curtailing opera
tions, the machinery and machine tool
trade has shown considerable decline,
and the tin plate industry is seasonally
lower. Together, these three influences
account, roughly, for some 12 per cent
to 15 per cent of total yearly require
ments.
"It is doubtful that steel requirements
from the construction field will fully
equal those of a year ago during the
early future.
"Dominating the less favorable side
of the picture so far this year, and to
a larger extent the whole outlook for
steel, is the prospect of a decided re
duction in the output of automobiles
during 1930.
"One of the most encouraging trends
currently dominant in the industry is
the increasing backlog of orders shown
by the steel pipe mills.”
Arthur P. Smith has resigned as
executive vice president of the Harri
man National Bank ft Trust Co. of
New York to become chairman of the
board of International Bank Stocks Cor
poration. an investment trust.
HIGH BATE OF INCOME
WITH GREATEST SECURIT*
ANNUITIES
Cash Refund—Joint—Deferred!
Send tor Informatton
LEROY GOFF
INSURANCE—ALL BR4NCHES
1036 Woodward Bids. Nst. 6340
I REAL ESTATE LOANS
Made at Low Interest Rates
TYLER & RUTHERFORD
Applications Invited on hlsh-elasi
apartments and dwelllnts. and particu
larly on well located holiness properties,
for 3. 5 or 10 years. If so desired.
1520 K St. N.W. National 0475
First Mortgage Loans
Lowest Rates of Interest and Commission
Thomas J. Fisher A Company, Inc
Specializing in Mortgages
on Investment Properties
JAMES Y. PENNEBAKER
Nat. 5291 1520 K St. N.W.
( The Commercial
National Bank
Saving* Deposit* Bear
Interest on Daily
Balances
from Day of Deposit to
Day of Withdrawal. Com
pare this method with
usual method of computa
tion. Call and let us ex
plain.
Other Departments
are equipped to serve you
in all banking and fiduciary
matters.
The Bank of
Personal Service
14th & G Sts. N.W.
Resources Over $20,000,000
v WADS R COOPER. President J
———— -- L-!". 1 .. ... 1 ' 11 ■SSJ
W
OPPORTUNITY
PIESENT money rates at world cen
ters are the lowest in many years
—the Paris rate of q}/z% being the low
est since 1898.
We believe this condition cannot
long continue without a stimulating es-
Memben feet on b onc j s anc i f, xec | income bear-
NEW YORK AND
BALTIMORE ,n 9 securities.
STOCK EXCHANGES r , , , , , , .
A list of bonds and stocks which we
Associate Member , ,
NEW YORK CURB be '' eVe '° b ® attraCtlV< >
exchange prices will be sent on request.
Mackubin, Goodrich & Co.
ESTABLISHED 1899
BANKERS
.508 H STREET REDWOOD & SOUTH STS.
WASHINGTON, D. C BALTIMORE. MD.
.. #. 4. S
FINANCIAL.
BOOK VALUE FIGURED
OF 29 CLOSED BANKS
The 29 North Carolina State banka
which failed during the two years and
eight months from May 1. 1927, to De
cember 31, 1929, with total book value
of $10,952,183 available for creditors to
realize on, had been 46 per cent liqui
dated at the end of that period, the
records of C. I. Taylor, liquidating agent
for the North Carolina Corporation
Commission, disclose.
The amount distributed to creditors,
largely depositors, from the assets of
these 29 banks amounted to $3,728,953
during the 32 months, while claims out
Equitable Co-operative Bldg. Assn
Organised 1879 50th YEAR COMPLETED
JOHN JOY EDSON, President WALTER S. PRATT, Jr„ Secretary
Assets 15,723.083.61 Surplus A Profits $1,755,911.57
Subscription for the 99th Issue of Stock Being Received
, j I Systematic Investing!
1 s2*so
Small, Regular, Constant investing
i will bring you nearer your goal than II
|| Share larger sums haphazardly saved.
S»Hr' 915 F St. N.W.
Ownership of
Standard American
Trust Shares
Gives the individual full participation
in the profits of twenty-five corporations
representing a carefully selected cross
section of American business. The stocks
of these companies are among the most
actively traded issues listed on the New
York Stock Exchange.
We recommend these shares
at the market, about 10.
Complete description upon request.
Stein Bros. & Boyce
Established 1853
Woodward Building . . . Washington, D. C.
Main Office, Baltimore, Md.
SAFE FIRST MORTGAGES
ONE OF THE STANDARD
©INVESTMENTS
Certain types of investment
are looked upon with highest
favor because of the entire ab
sence of the speculative ele-
Over a Third 6% FIRST MORTGAGES
of a are in this class. The inter-
Century est * s definitely fixed; and the
principal strongly secured.
It ithout a May be purchased in amounts
Loss from $250 up.
B. F. SAUL CO.
National 2100 925 15th St. N.W.
THERE IS NO SUBSTITUTE FOR SAFETY
A-11
standing and th* book liabilities, other
than proprietary, for which claims have
not been proved, amounted to $4.840,896.
the records showing that the division of
liquidation has collected $4,138,392 and
has a balance of assets, book vaJue, on
hand of $6,813,791.
—' • ■ ■■■■■■■
PARIS BOURSE PRICES.
PARIS, June 11 (A”). —A heavy tone
I prevailed on the Bourse today.
Three per cent rentes. 87 francs 90
centimes. Five per cent loan, 102 francs.
Exchange on London. 133 francs 73'a
centimes. The dollar was quoted at 25
I francs 4714 centimes.

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Evening star. [volume], June 11, 1930, Page A-11, Image 11
About Evening star. [volume] (Washington, D.C.) 1854-1972