Evening star., 1939-09-22

ADIl1--- 1,109,l1U l,UZO,0(Z
May 961,674 822,872
June - 7O9,677 728,226
July 626,781 595,094
August 598980 558,188
Unlisted Securities Steady.
Demand for Washington securities
sold over the counter is holding up
well, real estate issues being among
those in best favor right now. Un-
listed securities in the Capital in
clude no war issues of any kind,
such as steel stocks, and naturally
move only in moderate volume.
Washington Properties, Inc, Is,
1852, remains as one of the most
active bonds on the list. Special
interest in these bonds is due to
Government plans to take over the
property and erect the new War
Department Building on part of
the site of an apartment building
owned by Washington Properties.
Recent bids for the bonds have been
around 81 with 65 asked.
Some of the other bonds in this
list include Barber & Ross As, bid
95; City Club IS, 60 bid and 10
asked; Consolidated Title IS. bid
100; Hamilton Realty First IS, 991a
bid; La Sale South Actuals, so bid
and 10 asked; La Sale North Ac-
tuals. Al bid, 52l2 asked; Maydowel
Hotel SIS, 8212 bid and 87l2 asked;
National Press First SIS, II bid and
76 asked; Racquet Club IS, 48 bid
and SO asked and Washington
Auditorium IS. IS bid. SO asked.
In the stock division, National
Mortgage & Investment preferred,
which has been an over-the-counter
stock for years, is soon to 60 over to
the Washington Stock Exchange.
Recently the stock has stood at 312
bid and AZ asked.
Recent Bank Stock Bids.
Recent offers for bank stocks have
included Anacostia Bank, 160 bid;
City Bank, % bid; Columbia Ma
tional, 1876 bid 200 asked; East
Washington Savings Bank, IA bid;
Hamilton National, 2712 and 1914;
Munsey Trust Co., 80 bid; National
Metropolitan, 245 and 260; Second
National, 6212 and 6812; Security
Savings & Commercial ,158 and 165,
and Union Trust Co., 80 bid and IS
asked
Also in the blue chip class above
the $100-a-sha mark are Fidelity
Storage, with 106 bid, and Griffith
Consumers preferred, with 104 bid.
Washington Convention Hall pre-
ferred is now quoted at 80 bid and
100 asked. The baseball season is
winding up with As bid for Wash
ington Base Ball Club stock. offered
at So.
On the whole. the first three
quarters of 1889 will compare
favorably as to volume and prices
with the corresponding nine months
in 1898, dealers in these securities
asserted today.
Boteler Named President.
Charles M. Boteler of Washing
ton, secretary of the Mutual In
surance Agency here and former
president of the Virginia
of Columbia Association of Mutual
Insurance Agents, has been elected
president of the National Associa-
ton of Mutual Insurance Agents,
meeting at Buffalo, according to an
Associated Press dispatch. He has
been vice president during the last
year and has always been leader
in the association, being one of the
charter members E. I. Oakes, who
is connected with the same in
surance firm here, was elected Sec
retary and treasurer of the national
organization.
Directors of the Security Storage
Co. have declared the regular quar-
terly dividend of SIPS per share on
the capital stock, payable october
10 to shareholders of record at the
close of business October S, it was
announced in the financial district
today.
Heard in Financial District.
The Life Insurance Institute is
planning a sales training school in
connection with this years work, to
open next Monday John E. O'Brien
is registrar; Harold D. Kraft, DEAN
and Earle w. Sapp, chairman Board
of Trustees. They anticipate very
large attendance.
The Washington Office of the Con-
tinental American Life Insurance
Co. led the Nation in the percentage
of increase in August over August
a year ago. In the percentage of
increase for the year to date Wash
ington stands sixth among the COM
panys agencies, James A. De Force
reports.
Benjamin M. Anderson, jr., noted
economist, has been added to the
program of the Investment Bankers
Association for the annual conven-
tion. Another addition is F. Dewey
Everett of Hornblower & Weeks;
Paul H. Davis, a governor of the
New York Stock Exchange, is also
on the list.
Two tiny sales were registered on
the Washington Exchange today, the
first in Potomac Electric Power 51a
per cent preferred who moved at
112. and the other in Washington
Railway & Electric preferred, which
changed hands at 100.
The latest bid for Washington
Gas Light common stock stands at
271a, with none offered for less than
49, Other bid and asked prices
today were also firm. About 10 issues
on the exchange are soon to pay
the regular dividends due at this
time.