Evening star., 1932-12-21
Loft Reports s5s,3s3 Profits.

months ended September 80. 1882. net
profit of S58.383 after depreciation,
amortization, taxes. etc, equivalent to
S cents a share on 1,073,259 no-par
shares Of capital stock.
For quarter ended September 80 last,
net loss was s43.281 after taxes and
charges comparing with net loss Of
profit OF s31.896 equal to cents
share on l. O23 .2O9 shares in third quar-
ter of previous year.
To develop and further its service to
printers and lithographers, the Lanston
Monotype Machine Co. has acquired
exclusive manufacturing and selling
licenses under all patents of the Di-
rectoplate Corporation, formerly doing
business in Chicago: the Huebner-
Bleistein Patents Corporation, and w.
aEng of Plates fog ee ana De
expresses. w. c. Huebner. pioneer in
the development OF equipment and
chemical processes for plate making, be-
comes technical engineer fo- the COM
pany, Philadelphia dispatches state.
Maryland Savings Deposits Up.
Savings deposits of the IA mutual
banks in Maryland for the year ended
June 30, last, totaled S2l6195, 900, an
increase Of s3267,O0O over the preced-
ing year, according to the controller of
currency. Depositors increased to 340,-
778 from 326,778, while the average
amount due each depositor declined to
1884 from $652 and the average rate of
interest was lowered to 31a per cent
from 4 per cent. Twelve Of the savings
banks are in Baltimore.
- Depositors and creditors of the Chesa-
peake Bank of Baltimore. which closed
Ion December 9, 1880, will receive an
> other payment of 10 per cent. or more
d" after January l. This will make total
of approximately 325 per cent dis
tributed since the institution closed
'. George w. Page. State Bank Commits
. sioner and receiver for the bank. stated.
~ On the Washington Stock Exchange
today trading was confined to two bond
issues. $1,000 Washington Railway g.
Electric 4s. selling at 87l2, and Sl00
washington Gas Light IS, series B,
: moving at 1922. Real Estate Mort
:. gage g. Guaranty preferred stock was
/" added to the ex-dividend list today, fol-
Z. lowing the recent payment declaration.
: Members of the exchange and local
"a bankers are expressing a good deal of
:, interest in the Washington Gas Light
:. Co.'S coming issue of S8,400.000 refund
), ing mortgage bonds. Considerable
:. switching from short-term securities
into these 25-year bonds is held likely.
- Cleaned in Financial District.
/" The directors of the Carpet Corpora
:, ton have declared the regular dividend
: of 37l2 cents per share, payable Janu-
:. ary 3. to stockholders of record Decem-
90 Der 81. This stock is listed on the
:. Washington Stock Exchange and Is
x widely held by local investors.
. Directors Of the Niagara Share Cor
= poration Of Maryland have declared a
!. dividend Of 10 cents per share on the
. Glass B common stock, payable Janu-
T. ary 16 to stock of record December %.
= Charles r. Grant vice president and
= treasurer Of the Washington Loan &
!. Trust Co.. received many congratula-
. tions from associates today on the oc-
I, casion of his birthday anniversary.
! Edgar K Sheppard and Nelson A.
:, Strothman have been placed in charge
!, of the insurance stock division of G. M.
:, P. Murphy & Co.'S bank and insurance
4 stock department, in the New York
}, Office.
:. The Treasury Department has asked
:, tenders for an issue Of 100000 900 9l-
I. day bills to run from December %.
y Bids will be opened December %. the
: new issue to be used to pay OF an issue
!. n W. aneunt IL -. i.A.-l---A