Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-05
LOCAL SECURITIES
MARKET |SSTR0NG
CAPITAL Traction Active
Railway Preferred Shares
at New High Mark.
HY EDWARD c. STONE.

IN SEEK Exchange, Capital Ifs'''''
r'asod ct il42, on a 6o-shara turnover
r,,cynac Electric Power s. per oen'
,,~,t:rrcd was strong AT loSN sno
wilmington Gas Light held us price
NJ bnctcn Railway & Electric pre-
I'D SOLD al 1901, for 10 shares I
<,s,tlonal new top. one hNllu1t0
>-s-rs az National Morteaee 4 nNeSI =,
-,en. preferred appeared on the .A.n
\ -. On the bond SD GeolSSr sn :,
90 s sold a. los. Washington Rsh
-, 6. Flncfrlc a al a2ls, the same
-7,rnanvs general rs al o. ana WASH
!..r'o,, Gas IS. series 8 al 100,
J. me unlisted department; the o'o
-, Cosmos Club / 5 WAS raised from
>, - so the BIC Oh Clty Club IS low
cros fro,,, s. - so and the bic on
>ferr7no,,;an Cub AS advanced from
o. - aS. Amons the stocks seeing
1,,-y,e- bids we're Chapn-SackS pei
~. preferred. raised 10 ioA :, M0nSeA
-----,s- "a iS5. Northeast Savings. |,
- 10 Park SAVINGS. 60 10 20, ano
w3sbjnc,on Base Ball Cub. IS Ia 81
Women More Thrifty Than Men.
Mrs. Bessie Q Mott, II tie EeofussE
iss,le 81 the Woman's Home Conlpan,
irr. saws that the srsat fortunes y.
America are concentrating ~ "
BANDS Of women. She cites oloiosl-
80 co,,se for this trend-the fact tnat
t,,e average span OF woman ; lie Is
N voars Inncer than that OF men.
+ mas been found that Al per cent
-, al checking accounts in This coua-
~ srs IN TIE names q! women. elmer
e'o-e or Jointly with men. AZ ti,e e
Tssts--l States K Is estimated 'AaR oV
r. cent of all savings accounts are III
Ire names Of women.
A. indication that investments arc
-sr,6'v becoming feminine is me 'act
-i-at $3.50 600 coo worth % stock III zee
,,,,,,,a GONNA mics Is held b. women CI
;-e shareholders II the greatest Amer
.~sr railway system fully nail "Ie
women.
II last IanUary's Investment season
---e than 100000 600 worth Of oonos
v-e-e bought by women These nguGes
snow that women save AND that the!
invest their savings
Local Banks Save s5e.0eo in Year.
7; estimated tha: Washington banks
r-e now saving $4,000 year thFough
co-o1srative Advertising. This plan mas
hne- followed since 1924. during wnlcn
TIRE the Christmas savings clucs O. lle
r-r- rave grown from total enrolment
~ 20 600 Il, $4,000 for 1927 and on Up
N 63I1s IN 1923. The amounts SUD-
srribed have grown from s3.ool .4F3 10
8 oa4 600 in 1927. with the expectation
mat the 1925 clubs viii show total saF-
lags Of s70zS,49I.
In the January issue OF the bankefs
Monthly. Eliot r. Thomson OF the
E.
on vhat has been accomplished BY me
c0-coerat!ve advertising method IN
washington he quotes part OF the
above figures anG calls attention 10 me
amazing growth OF the Clubs While the
cubs have b-en growing BY leaps a;lo
besinds. the cost OF advertising mas oeen
reduced
The WASHINGTON banks ere naturally
"=olc~ on the principle OF cooperative
at ertis1ng along lines IN which they
ere mutually interested. says Nj. Tm'in-
son. and reviews the protection "llcn
the advertising committee OF the Dis
i-sct Bankers Association has DToueht
n the individual banks. incidentally.
the banker mentions the series of ecu
c.rionaI advertisements which the as
ISOLATION ran IN the papers N the Spring
o. 1926 10 picture more clearly the
banks place II the community
How 10 Become Millionaire
Al interesting tabulat.on of the
sources Of wealth that have mace 81
r1uIti-miIlioua;res IL the United state
which appeared IN The Magazine OF wan
Street. SHOWS that II Of the ~ have
been Ensncers and bankers.
The next large sources oil Veafn
range Is follows. Oil 6. automobiles. e:
public utilities. 4: raiIToads 8, tobac-
o.. 3.
The taouIation for six Of the multi
r-l.IltonsiYes have only banking listed as
tne!r source Of income These six men
ere. J p. Morgan. Mortimer SchiH
C'to II Kahn Thomas !. Lamont. r.
..1 " WzrbuEg and George Allen Han
cock 0; Los Angeles.
George ~. BAKER Is credited with 1ar-
.rE maze his millions from banks, raj
-osds etc George NJ. BAKER. IT,. ha~
t1e same classification. Andrew "
Mellon Is listed as finance oil and alu-
n1lnun r =. Mellon has the same
Classification
Arthur Cllrtkss James made his NIL
Hons from finance. copper and railroads
Fifth District Business Data.
Tine deposits in Sc regularly report
3-g yrenDer banks. located il l3 O! the
!ftn Glstrir: CITIES. tOtalec S2fz5z5 900
~ January II this year compared with
t2fz 060 600 on December Z 1927. and
tSil .5s5 O00 on January II 1927
Tne r. " Dodge Corporation reports
contracts actually awarded IN the 1fth
Preserve district totsllng s3722snls IN
December. 1927. IL which sliG5s 1913
yepyesenter residential construction
During the year 1927. contract awards
81 the fifth district oofa.eo ss0s 100 900
TINS figure which is sppYoxusla tely
thfes md 2 half times the amount 81
re@ construction work provided for IN
PERMITS issuec in The q largest cities u
f5f district indicates clearly the large
roIQn1e - industrial work done IN the
clstf.c. N rural sections " IN small
l9SIS anc v1llA2es. e. for example III
80 beztiIe villages ia the CaroliEah
r. tie ff'G Reserve district DecenDer
1871 Witnessed ise bankruptcies. with
.&3-Jtlrz ag2FegatIog 34zzS com
gSfea 18Th i23 failures and iiaD!l!ties
vtaDng 81 1889 10 December. 1926
ysly:es during me year 1927 totalec
81 Nl'a Liabilities amounting u
- ~ $50 The DBuDeY u inSolgencies
81 ne f.f';l district n 1927 vas exceedec
'4.lF ~ ms" .. 1922. Dyt lae; years
5ar-i'l't Nfrf soaet lilaf. hose ~ both
s><z snc 1924
Hero Ih Tinan"ial District
EahE 'ieat-h2 III Washing on tn TN
'f't many if9fs4sft Z totaiec SIS
at'hp' 'pmDaFeG H3fa ~ G1s 900 taf
s't +"9$ Veek Inc Dptal noyeyeg va
-. t.s ne cpucspoEc.ag 8eek lstt seat
hcHlf4o u Eleen flce pfes.drJlt Il
jNrt'leH fhs@m Z, EeuseY. f<pges&t5
'tf b"5lH li4sl there HaS recently been
tC'.cscls turn foF tAe Det1ey ia .tc
4psr. IesI cstate situation
fcu.4sic EJgsa NV IDrk ecgnonilsl
sk.tc e. the Institute Foilfg ia tn.
'..F T. few fseAlngs agD that he 90 tlht
D..-Fs' t1e isCt tt4si tli. De3uH Dfrs!-
r"Hls. yosF vii naEf q great deal u
c.ffge4Ce xgtH secuf3taes While Ia
- C4ctS sharp breaks ia sUprks aue