Evening star., 1921-01-19
ClR1|F|CATESN NOW
:: :: SELL ABOVE PAR
Investors Urgent Demand
Wv
Establishes Premium on
53-4 and 6 Per Gems.


tion.Io. the January Is issue q: cersih
ca.essasN,u 40 -! o.G. ----a
there was an outpourina oil saaserip
tioUs for a tot.I III $oIG.0eo.JtV, =" III
havefbeen allotted 20 sA.scri b.. :. 8
This is a further aeccnt.a,.oh of 'il'
fact that money is vcr. much mor'
plentiful and easier aS 20 ratcS
Asa rsa! matter of i.tt the Dccem
ber Do issue of Treasury certificate:
bearing = per oent interest ard nav
ing one year 10 maturity are toda!
ccmmarding a slighs prem ium in New
York CITY. BIDS of Ii of | per cen
prentsm have beer rsad" I" loc@
bankers for these certificates arc
the SI per cent issue placed IN IN
II, rkef at the same time are Guotee
about lie premium.
-.N~ Bids W-re Tnrned Down.
Tho fact that there s marrow
r. iEea, for cal, money in New ,rk
ard that much of the ara;lafle OF"
irrs cannot be placed, hHe c"ea'"
h-tt,r demand among hanks s"h il
yasNers for the certificates. tn" rorr
urgent because of the rGvan aTe oi
the freedom of the certificates from
the normal incom" tax.
And vet as one .r-st cor,"rr'- o"-
cjaI Grid .his r.ornne. "ons en- ';-F
ali the. hi h-~roFa ~ -n'ci II "r'' .
secupsies w,ntnd "h~olutely tax free
on arc feT cr-:. haS!-.
ThitA wc-'d see-~' % e"'''ha niZe t''e
ereqt, desire Of Tho investor Of ;o' /,
for ca"-sara sec lrity. :, nrt"ra tT"H"
when ore ives a"e consider fon &C
the severe lose: that hove been s''s-
ta:ned by investors. h. nks AMI r.! 7
cor,papiaS no less TIM irdivi :-''s's' ir
bandSoa nd o-her ~"ctri: les dn~i"~' the
few years. !r,i' con -er 'tia ="
81 rk.Aof invest -'> evan s',o'' =
O" 80 in.eve ne
with call rcney -. 6 per CO. ~
tin, .money b--t little fr-"er ~
t.x-eree cove r~en security j g.
on g;Si. 20 u"-
The chan ncee gre bot - re-" -
of the Treasury wi c';~',c- I:;e '.~.,'
certffi a,'e isS"s at ~,
Junior E,"kers to One.
w sh.ng-on CHAPTER. America q Ia
stitnte of Banking. is p!a"n =
big dinner on .ha ri:e', nf 9eNruar.
IS ai'-fhe New W'l'a-a !I,t-l.
G. n Boyer. -presi ie,t has 1a'ss"
W. J. Wali.r. cashie" ns h" A'''"-':"a
Natin1El Bank. as chairman Of III
rangements. aid Mr. Weller h g
nanled the following as = .;riner .
suhcanami.tees Of his cojst,5,;t "a: r.
J. NcQuade. cashier. If r.. l. s,t,9;: n
tionaI Bank, entertri"ren.: -" T.
DeyBeT.- vice prrs'd rt a"a r"si'"r oI
W. VI. Spaid Of W J; H'nes s, Co.. re-
ception: F. G. AtdiSae, jr. ti'-s nres;-
dent. of, the Secu':.'y Savi''gs AMI Com
mercial Rank. seati-:g: J. c. bul'a: jr.
assistant secr-'eTy Of The Am"rf:a
Securjty and Trust %. t'ea snrer. and
F. H Keith. ser -ta-y -.
Tire -junio" bankers nropose to max.
this dinner the event. Of tn saasor
aud. sWfl1 leave rothirg U"nore ina;
wili-nseSe for it's success, The daa of
the .Hff fcials con'cJnplqtes but, two or
at tas-urost thr~e s7Aak re.
f. H. Thompson. pu',i'c;tcf n s-;age
of tire Washington Loan arH Trust
Company addressed the elementary
classoOf the ehap,Hr last etAn:a 2 o.
pile: Of Ladips and. Other Docl-
mentss, si ~
seearity sts.-E~.
There are hut 1e4 sha.eh .lIrrs in
the, Security Storage Company. ard
thssE rsa-i.ed SIS 00a in dfvides.ls
'lur.ns 1920. The.n.t, EARNINGS Of The
6onepuny wern sss,.13.49. The assets
OF ths,p germany. s7ss oe4 - co pre-
sT5.as In 1918. Ths rev wareh9s.
com, teted ea,'y in 1920. was almost
imm :dfateiy filed.
North Capital Savings Election.
the anni'a, meetina OF this, share
holdefs OF the North CAPITOL Savings
Banks.was held yesterday. The fol-
lowins~ directors wtr, elsetnd: E.. s
Burg ess George C'agett. ". c. D;ckey.
o. C.: Donaioo. Robert A. Dore. John
A. Ee,tert. H. G. Eaeterdey. Vernon,
n. Grr n. b. L. Grove, Edward F.
HalE Joseph A. H .rbert. sr.: Edward
E. -.Jehnstone. Theodore Michael.
George E. Phillips. N. r. Ready. Leo
a 4
9 Clman. G. H. Winslow, Charles e.
Youne,and F. l. zirkle.
Imfnsdiateiy after the meeting the
direcfors organized by the election of
the ..following officers: Theodore
Michaes. president; v. c. Dickey, vice
president: B. l. Grove, vice president
George Clagett. vice president: Il. S
Burgess. secretary: Eugene b. Auld-
RIDGE ss.staut cashier. and L,0 A.
Rover. attorney.
I.ocai Securities.
There was good investment de-
mand Tor bonds on today,s session OF
the 4eeal stock exchange. evidently
hursef1ents to a moderate extent
Erices~were decidedly stronger.
Aaiiway 4s, which sold freely at IS
in tnE@ closing days OF last year and
thereafter broke to- 571s. advanced
this morning to 5sZ. Potomac Con-
higheF at s01s to soE. Washington
Gas IS. steady at 75.
Capital Traction opened with a sale
Of one share at Sc. then several sales
at S5N and 851s and then at s5A.
A sole of Railway common was re.
corde4,, at 23E. ~ points above re.
cent Quotations. >.
An-unusual sale, the first in some
time. was made in the transfer Of q
smait. lot Of Union Savings BanA
shareA,at 1l2, the price at which the
last previous transaction was recorded
Typesetters SLOW. with Mergenthale,
selling at 12o.
Mosnt Vernon Savings Bank.
The following directors were elected
for the ensuing year at the meeting
of the stockholders Of the Mount Ver.
non Savings Bank held Tuesday. Jan.
uary IS. 1921: James II. Baden. VIII.
Davidson. Dr.. ]: Ryan Devereux
r. Golden Donaldson. B. r. Gil
more. Walter ]. Harrison. Harr,
W. Hahn, Samuel ]. Henry, FREQ
Hewitt. William II. Johnston. DR.. e
r. Koss. Henry c. Moses. william
Muehleisen. H. Glenn Phelps. Osca,
J: Ricketts,. DR., J. Townsend Russell
Cowles Tucker. A. e. Ungsrer, H.
waicott and O. B. Zantzinger.
Immediately after the close Of ths
stockholders' meeting the newly
elected directors organized and tn.
following officers were elected for thu
ensuing year: r. Golden Donaldson
chairman OF board: William Much.
leisen. president; William H. John.
ston. vice president: f. c. Dawson
vice president: William R. Eaum
cashier: Robert T. Highfield, aRistan
cashier. and R. Golden Donaldson and
c. c. Tucker. counsel.