Evening star., 1926-11-16
FUTURE FINANCING OF B. 60.
LIKELY TO BE STOCK ISSUES
Trading on Washington Exchange Covers
Wide Range of Shares-Annual Meet
ing of Local Board Tomorrow.

ner Of Hartman & Co. reports that
since the firm opened it's Offices ir
the Securities Building at 729 Fif
teenth street northwest two week:
ago. as many as 1000 visitors a day
including the regular customers. have
dropped I'm to look over the new quar-
ters and watch market quotations. Il
/, Is announced that the library ant
conference rooms, on the fourth floor
OF the new building. will be ready for
occupancy at An early date. NeeC
Of additional space forced the compan,
to move. after being loca ted elsewhere
for l8 years. The novel ventilat atioI
system in the spacious boardroom i:
attra citing much attention.
DIR. Wiley Is Making Record.
DR.. Harvey w. Wiley. author. lee.
turer. teacher. farmer. pure food ex
pert and bank director. is making a
brilliant record as student in high
! finance. 1t will he recalled that DR..
Wiley. who has just passed his
eighty-second birthday. decided a few
weeks ago that after being bank di
rector for 20 years he ought to make
special study OF investments. He
therefore Joined the class conducted
by y. E. Booker at the local Institute
of Banking. 1t now develops thai
DIR. Wiley Is most regular in his at
tendance at class, always sits in the
front row. asks a host of questions
and displays unusual interest in the
work. He is Is alert az the youngest
student in the class. and it is very
evident that he believes that the
more you use your brains the more
brains YOU have to use."
Naval Co&&n.~ FprcLl1.>, Cov.,A;o,x
W. Z. Eldridge Of Sugar Land, Tex
comes forward with the most move
solution for low cotton prices ye,
offered. In a circular addressed to
newspapers he officially launches the
Buy a Cotton Mattress" movement.
Mr.. Eldridge. who is a sugar refinel
and only indirectly affected by low
cotton prices, believes that If a cottor
mattress were placed in every Ameri
can home this year the consumption
Of cotton thus made into mattresses
would rehabilitate the belt. Mr.. Ed
ridge says: IT'S such a simple ides
that it is surprising no one ha,
thought Of il before"
Local Check Payments Up.
The Federal Reserve Boards condi-
ton statement Of 691 reporting mem
ber banks in leading cities as OF
November 10 shows declines of $58,
I 900 900 in loans and discounts, $44.
00O, 900 in investments. $50. 600, 900 in
net demand deposits and $103. .O00, 900
In borrowings from the Federal Re.
serve banks. Check payments in the
local or fifth Federal Reserve district
amounted to $317.673.OO0. compared
with s293.541 900 in the week ended
November 10. 1925.
Piggly Wiggly Sales Increase.
Sales of all stores of Piggly WiggIy
Corporation for the first nine months
this year increased to $116,297.7
compared with $97.sS4. .296 in the same
period Of 1925. Forty-three new stores
were opened in October.
Plans for cOmbinat ton theater
once building to cost S., 1000 900 have
been filed in Philadelphia by the Fox
Film Corporation. The theater is
planned to seat 800 and will be one
OF the largest in the country.
Other Financial Notes.
General Railway Signal reports that
Tor the nine months ending Septem
Der 80 net income was $2.745 ,ss1. .06
AFTER expenses, depreciation, taxes
etc. equivalent after preferred
dividends to $500 per share on com
mon. This compares with a net
income for the same period last year
OF $1,20S,902.79, or $3.38 per share on
common. This is the company that
recently arranged to handle the
Miller Train Controls product.
The production Of new life insur-
ance by United States companies was
$50 greater. during the first ten
months of this year than in the CORE.
spending period Of 1925.