Evening star., 1939-11-03

Dy mOntnS, IN the nrSt 10 months
of 1899 compare as follows with the
corresponding months of 1888:
Month. 1899. 1898.
January ------$652, 2,189 $582 1869
February ------- 577,684 547,277
March ----------- 68O,381 637,945
April ----------- 664 ,231 624, ,646
May ----------- o33 LOB 58O, lS3
June ------------- 608 ,202 599, sol
July --------- 575,905 SGT 7.554
August ------- SIS, $3.50 574.586
September ------ 673,927 668, ,494
October ------ TOT ,538 714,308
Today's postal receipts report fol-
lowed closely the summary of Octo-
Der bank clearings in the Capital,
which totaled S108. .232 ,399 81. an in
crease of $8,566,91125 over October,
1888.
Bonds Called for Redemption.
The Hamilton Realty Corp, which
owns and operates the Hamilton
Hotel, has called for redemption on
December next the outstanding
$400,008 issue of Hamilton Hotel
Realty Corp. first mortgage IS, due
January 10, l945, at par and accrued
interest.
The bonds are widely distributed
IN Washington and have COM
manded a strong price Sold over
the counter, recent bids for the
bonds have stood around 80. The
American Security & Trust Co. is
trustee for the Hamilton issue.
the bonds attractive to investors.
When the bonds were placed on the
market the company reserved the
right to redeem them on any date
prior to maturity, after 80 days
notice, at 100 and accrued interest
to the date of redemption.
Bond Fl0tations Almost Stop.
The voters of 70 communities in
% States during October authorized
a total of s4,592,922 in State and
municipal bond f1otations, as COM
pared with s49,920,443 in October of
last year, according to the Daily
Bond Buyer.
While this total seems unusually
small in comparison with the figure
for last October, it must be remem-
bered that during August, Septem-
Der, October and November of last
year bond authorizations were ex-
tremely heavy, due to the P. w. A.
program.
October totals of other years were
$5,937 ,060 in 1887 and $7,749,325 in
1896. The total for September of
this year was $3.894.48O.
Two Holidays Next Week.
All the New York Stock Exchange
Offices in Washington will be closed
next Tuesday, which is election day
IN New York, according to notices
just posted in the boardrooms.
The exchange Offices here will also
have another holiday next week, on
Armistice Day, Saturday, November
IL. Later in the month they will
have third holiday when Thanks
giving is observed.
The banks in the Capital will close
on Armistice Day, but will pay no at
tention to the New York election
next Tuesday. With all other finan-
cial institutions, they will be closed
on Thanksgiving.
Raymond Dickey Improves.
Raymond B. Dickey, dean of the
faculty of Washington Chapter,
American Institute of Banking, was
reported today as much improved
following his recent severe Illness.
He has been dean of the institute
for nearly 20 years and is an au-
thority on banking law. A member
OF the District Bar, he has practiced
law here for long time.
George L. Harrison, president OF
the New York Federal Reserve Bank,
celebrated his 25th anniversary with
the Reserve system yesterday. He
has been with the system ever since
1t was inaugurated in 1914, his first
position being in Washington in the
legal department of the Board OF
Governors, which followed his serv-
ice for year as secretary to the
late Supreme Court Justice Oliver
Wendell Holmes. He has been head
of the New York bank since 1928.
Heard in Financial District.
Steady progress is being made on
the addition of third story to the
Liberty National Bank, at Fifteenth
and I streets NV, as well as on the
other extensive improvements now
under way.
George r. Galleher announces
that Washington Chapter will hold
its annual table tennis tournament
on November 16 and II on the 10th
floor of the American Security
Building. Other committee mem.
bers are Clarence E. Browning
Henry P. Hoffman, George Cries.
bauer, William Yeatman, A. B. Cliff.
ford, Gordon Davis, w. T. Robb aric
NJ F. Morse.
Capital Traction SIS led the de-
mand on the Washington Stock Ex'
change today, opening with q $5O'
transfer at 95h. Two $4,000 sale
and another $500 bond moved at 95
against yesterdays close at 95N.
Washington Gas Light preferret
stock was again strong when thre'
shares changed hands at 104. On
bank stock. Riggs National com
mon, appeared on the board, tw'
shares selling at 260, around recen
levels.
Capital Transit moved up to l;
today when 10 shares changed own
ership at that figure.
LanstOn Votes Dividend.
Directors of the Lanston Monotyp'
Machine Co. have declared a divi
dend of so cents share, it was re-
ported in the financial district today
payable November 30 to stockholder
of record November 20. The com
pany has been paying 81 q shar'