Evening star., 1937-12-07

January --------- $577,503 $6l2,593
February ------- 581,s99 578,005
March ----------- 685s46 6O1,077
April ----------- 615,897 634,837
May ------------- 588,407 ,633
June ..---------- 564.646 583, ,522
July --- 536,818 525,26O
August ------- 517138 523890
September - 565,724 547.34O
October -- 639, 9,220 612,949
November -- 631.5l7 636586
Trading Lighter on Exchange.
Trading in October on the Wash
ington Stock Exchange registered a
drop compared with the total business
transacted in September. the Securi-
ties and Exchange Commission an
nounced in its monthly report dis
tributed today The dollar value of
all sales on the Washington Exchange
was 1888 in October, against s134,-
Az in September.
The dollar value of stock sales dur
ing the month came to S7l,994, as
compared with the much higher figure
of $1l6,636 in September. The num-
Der of shares changing ownership
during the month was larger, however,
1888, against l,175 in the previous
month.
The demand for bonds listed on
the washington Exchange was better
in October than in September, the
Securities Exchange reports. The dol
lar value was placed at S21 1854,
against s17,806 in September Total
MI, nyfN Nf al ~,
October was s23,500. also higher than
the September principal amount of
$4,000.
Business on the Baltimore Exchange
was much better than September
The same was true of the Richmond
Stock Exchange. The dollar value
Of sales on all the registered securities
exchanges in the country in October
amounted to s20O8, ,eOO,147, an in
crease of IA per cent over the previous
month.
wellington Fund Votes Extra.
Wellington Fund, Inc, has declared
. regular dividend of Is cents and
an extra of 10 cents per share, pay
able December 80 to stockholders Of
record December IS. This makes a
total Of $1.30 per share for the year,
William M Candy, local manager
with headquarters in the Woodward
Building, announced today. This is
the thirty quarterly dividend
and the fourteenth extra dividend
since inception of the fund in 1929.
Farm Buying Wave Spreading.
Nearly 10000 requests have been
received by the Federal Land Banks
in the last 10 months for loans to
be used for buying farms, according
to A. S. Goss, land bank commits
sioner of the Farm Credit Admins
tration. The amount asked totaled
$38000,000 and the requests came
from every State in the Union, but
we're most numerous in Texas and in
the Omaha, Wichita and Louisville
F.. c. A. districts, where requests ex-
ceeded 1000 for each area.
Savinrs Deposits Mount.
The Reserve Bank of Richmond re-
ports that 10 mutual savings banks
In Baltimore had deposits totaling
t218,355,228 in October, compared
with $211 1,848,824 in October, 1886,
an increase of 81 per cent. Aggre-
gate deposits in the 10 banks set new
records at the end of each of the past
three months, the report says
Aggregate debts to individual ac-
counts in Washington banks in Octo-
Der totaled $3.50, 1853 900, an increase of
1872 per cent over September and
slightly ahead of October year ago.
the Richmond bank reports. Danville
(Va) bank debts rose 101 per cent
over September on account of the to-
bacco auction sales.
Heard in Financial District.
The Treasury reports that the $780,
900 cash Offering of new bonds was
oversubscribed about Is times, and the
$200,000,00 cash note Offering was
oversubscribed II times.
Karl Hoffman is in Boston, where
he will be a guest of the Massachu-
sets Accident Co. as result of the
business written by his Office during
the past few months. A number of
leading producers have been invited by
the company to study present-day
needs for accident and health insur-
ance and to celebrate the 54th anni-
versary OF the company, said to be
Americas oldest accident and health
company
Stock market prices should move
upward from present levels during the
first quarter of 1888, says United Busi-
ness Service, Boston. A reaction i:
probable during the spring, but the
major trend should again be upward
during the remainder of the year, the
forecast adds. Aggregate trade, tht
survey says, is expected to average /:
to Is per cent below the 1887 total.
Today's Trading on Exchange.
Washington Railway & Electric 4.
sold ut LOG on the Washington Stocl
Exchange today Potomac Electric
Power 51a per cent preferred stocl
appeared on the board at Ill IT, Othel
quotations were practically unchanged
The B. F. Goodrich Rubber Co. i:
holding q four-day series of con.
ferenoes at the Hay-Adams House.
The Securities and Exchange Com
mission states that the $10,000,000 il
West Virginia Pulp g. Paper Co. AZ
per cent bonds will be offered tomor
row at 100.
There was another rush today b.
former District National Bank ant
the Seventh Street Savings Bank de
positors to obtain the money nov
being paid out in connection witt
their 10 per cent dividends.