Evening star., 1938-12-19

1Uf"4. Auhray n noolev
Next in activ-
ity have been Anacostia & Potomac
River SIS. l949. which are now SELL
ing around Sc, having moved up
from 81 during the year. Anacostla
.& Potomac River R. R. guaran-
teed IS last sold at 11012 and have
varied only half a point in the last
u months.
Capital Traction 5s have been
nearly as active as other leaders.
They have jumped, due to better
earnings reports. from 81 to 85 dur
ing 1888. City & Suburban first 5s
opened the year around SIS and
have since climbed to 86'2. The
second highest priced bonds on the
list are GEORGETOWN Gas Light 5s,
which have recently changed hands,
around 1l8 and have not been under
1l3 this year.
Potomac Electric Power 1st 81 as
have hardly changed in months, the
last sale being at l06ls, with the
present bid standing at l07. Wash
ington Gas Light 5s, 1860, highest
priced bonds on the exchange, re-
Gently sold at 124l4, the 1898 top.
Another popular investment bond,
always strong, Washington Railway
& Electric consolidated as, sold at
108 recently. Six of the ten issues
are finishing the year way above
par, which members of the Wash
special note.
Dooley New Banquet Chairman.
Aubrey o. Dooley, assistant trust
officer, Hamilton National Bank, has
been appointed general chairman of
the committee to arrange for the
34th annual banquet of Washington
Chapter, American Institute of
Banking. set for February 25, Joseph
A. Fitzpatrick. chapter president
and assistant cashier of the Second
National Bank, announced today.
Mr.. Dooley is former president of
the chapter, has served on many i'm
portant committees and attended
several national conventions, serv-
ing on several national committees.
The vice chairmen of the commit
tee include William H. Laughlin,
Washington Loan e. Trust Co.; T.
Hunton Leith, cashier, Security
Savings & Commercial; l. J. Roberts,
assistant cashier. Riggs National,
and James A. Soper, vice president
and cashier, Lincoln National.
Other members of the committee
are:
Kenneth Birgfeld, Paul J. Seltzer
and Frank M. Perley, American Sc
curity & Trust Co.; Robert H. Lacey,
Columbia National; Francis E.
Robey, Bank of Commerce and Sav-
ings: James B. Ahalt, the City
Bank; Robert G. Whitton, First Ma
tional Bank of Alexandria; Walton
l.. Sanderson, Hamilton National;
J. Earle McGeary, w. B. Hibbs and
Co.; Mrs. Gertrude C. Wick, Liberty
National: Richard A. Morris. assist
ant cashier, Lincoln National Bank;
William NJ Mcclure, McLachlen
Banking Corp; G. Crawford Turn
bull, Morris Plan Bank; Theodore
B. Bogeley, Munsey Trust Co.;
Rutherford j, Dooley, National Bank
of Washington; Raymond L. Jones,
National Metropolitan; Neal w.
Wells, National Savings and Trust
Co.: John NJ. Christie, Mrs. Con-
stance D. Jones, Riggs National;
Stuart S. Ogilvie, Second National;
G.. Elmer Flather and S. William
Miller, Union Trust Co.; Edward NJ.
Blaiklock and Miss Rose L. Royce,
Washington Loan & Trust Co.
Storage Dividend Declared.
Directors of the Security Storage
Co have declared the regular quar-
terly dividend of S125 per share on
the capital stock, payable January
10 to stockholders of record January
5, Secretary Charles P. Ravenburg
announced today.
Directors of Fundamental Inves-
tors, Inc, have declared a quarterly
dividend of Is cents per share, pay
able December 81 to stockholders of
record December 9, Mackubin, Legg
& Co., distributors, announced today.
The Executive Council of the Dis
trict of Columbia Building and Loan
League will hold the December
meeting tomorrow noon at the
Raleigh Hotel, with President Arthur
C. Bishop in the chair.
Bids Asked on County Bonds.
Prince Georges County, Md, will
offer on December q S192 900 public
works bonds. Bidders are requested
to name single rate of interest in
multiples of i Of l per cent, but
not exceeding 5 per cent per annum.
The bonds will be dated January l.
1889, and mature 1941 to 1864.
Members of the Washington Stock
Exchange evidently had their minds
centered on Christmas shopping to-
day. The result was a very light
trading session.
five shares of Washington Rail-
way & Electric preferred appeared
on the board at 115i2, up i. That
was the days business, other bid
and asked prices remaining practi-
cally unchanged.
John E. Parker and A. Chester
Flather of Auchincloss, Parker g.
Redpath were in New York today on
business.
Home Mortgage Increase.
The December magazine issued by
the Federal Housing Administration
states that 80 home mortgages were
accepted for insurance in the Dis
trict of Columbia during October,
amounting to $207,7OO, compared
with nine a year ago involving
$55.000. In the first 10 months of
&p28. 289 were accepted amounting
10 $l,698 100
In Maryland 215 involving 1913 200
were accepted in October this year
against l59 amounting to $731,7O a
year ago while in the 10 months
the number reached 1878 and the
total $8,598,85O.
In Virginia 231 were accepted in
October for a total of $1,019,5O0
against only 100 year ago, totaling
S4l4,600. In the 1O-month period
this wear 2O68 were accented