Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-24
BANK STOCK GAINS
ON D. c. EXCHANGE
Security Savings Pushed Up
SIS a Share-BuiIding
Issue Declines.

showed 4 gain OF S points on the wash
ington Stock Exchange today. when 10
shares sold at 435, as against prior sale
of $50. American Security q Trust
Co. turned over ct $40. same as last
sale. washington Medical Building,
prior sale Of 100 to o5 on turnover OF
is shares. Mergenthaler was sold again
at n. Columbia Sand b Gravel pre-
ferred went at 81.
Potomac Electric per cent preferred
was of a fraction at 11134, while the
So perferred Of the same company went
ut ITO, also a fraction down.
Natural Gas Revenues.
Revenues Of manufactured and nat
ural gas utilities declined 81 per cent
during the first six months of this
wear. while gas sales dropped IL per
cent as compared with the first half OF
1880, according to reports TO the sta"
tistical department OF the American
Gas Association from companies serv-
ing 1859 900 customers and comprB-
ing nearly 90 per cent of the gas Utility
industry.
Revenues of reporting manufactured
gas companies aggregated Sl9S, Io2,OUo
during the FIRST half year. decline OF
10 per cent, while sales totaled 1885,
243,0O0O00 cubic feet, drop OF 10 per
cent. During the first quarter these
companies reported decline OF IL per
cent in revenues and Is per cent IN
sales.
Natural gas utilities reported aegre-
gate revenues of $3.50, 1913 900 during the
frst six months, drop Of So per cent,
and total sales of $40 $50, 000. 900 cubic
feet, decrease Of 81 per cent. In the
first quarter natural gas revenues were
down SO per cent and natural gas sales
10.o per cent when compared with the
corresponding period Of 1890.
A considerable drop in manufactured
gas sales occurred in the East North
Central States, embracing the indus
trial reRion Of the Middle West and on
the Pacific Coast. In both OF these
areas sales during the first six months
declined per cent In contrast manu-
featured gas sales in the New England
and south Atlantic States registered in
creases Of 2.5 per cent and Al per cent,
respectively, during the same period.
Natural gas sales declined sharply In
several States of the midcontinent and
Southwestern area. while sales in Cali
forTaia dropped only 81 per cent.
Murphy Co. Dividend.
Directors of the c. C.. Murphy Co.
Sc and i5c stores, represented here,
have declared the regular quarterly
dividend No. 81 Of 40 cents per share on
the common stock. payable September
to stock Of record August IL.
WIN Attend Convention.
n. n. Quinter ond D. z. Gerow Of
the II. L. Rust Co, Charles F. O'Con-
nell J.. s. Holmes, w. G. Strasser, =.
L. Richards, B. S. Foster, r d. Comp
ton and Manager A. j. Voorhees, of the
local branch have left for Hartford.
Conn, where they will attend the
Aetna-isers' national convention. Lead
Ing representatives OF the Aetna CaSu-
atty Is Surety Co. from practically
every state In the Union win meet IN
the Insurance City August rs. IS and
~ to commemorate the erection of the
new home once building Of the Aetna
Life Insurance Co. and its afiiliated
companies, the largest edince OF its
kind In the world. These delegates won
the right TO attend the convention as
Of an eight months qualification cam
paign.
Cleaned In Financial District.
T. j. McQuade, president Of Liberty
National Bank and president Of the
District Of Columbia Bankers Associa-
ton. has gone on vacation to Ports
mouth. n. H.. and York Harbor, Me-
@. Bowie Chapman. resident partner
Of Hartman & Co., returned this
morning from vacation in New Eng
land
william J. Father, vice president
Of Riggs National Bank, has re-
turned from his vacation at Poland
Springs, Me.
Joseph B. Yerkes. assistant cashier
OF the Federal-American National Bank
g. Trust Co. has Just returned from
vacation
Frank p Hartman, vice president OF
the Federal American National Bank
a. Trust Co, II street branch. has
gone on vacation TO Blue Ridge
Summit.
Harry J. Donoghue, assistant cashier
OF the same bank has returned from
q motor tour vacation
Washington Clearing House figures
for today, $2,e64 .564.e3