Evening star., 1942-07-20
D. T.. War Bond Sale!
In June Below MAY,
Bank Report Shows
Richmond Survey Places
Total at S3,554, ,466,
Outside Post Offices
By EDWARD c. STONE.

War savings bonds sold in the
District of Columbia in June and
reported to the Federal Reserve
Bank of Richmond, totaled 1854
4665o at the issue price, small
decrease of 79.736 so from the May
total of SO 1884 203. it was announced
at the reserve bank today.
June sales in the Capital OF
series E. War bonds totaled S2,l73,-
800, gain over May when the
months total stood at $2,132 $50
June sales of series F bonds
amounted to s285 ,066.50, compared
with the lower figure in May OF
s253,553, but sales of series G
bonds, which totaled Sl095, 500, were
not up to May when sales reached
s$l,148, 400.
District of Columbia War bond
sales reported TO Richmond since
the drive started a year ago in May
total the huge sum of S45 ,946 ,290
Series E have been the most popu-
lar bonds, sales amounting to $2l,-
.845.175. Sales of series F bonds
total $3.743.715. while Series G bond
sales have reached $20,357 400 The
figures do not include post office
sales as they are not reported te
the Richmond Bank.
War bond sales in the whole
fifth district in June, reported tt
the Richmond bank, amounted tc
$28, ,400.9 .988. Series E totaled ST.
ITS, 5,03750; series F. 58,350,50
and series G. $8,967 500.
Sales in this district since the
Campaign started more than veal
ago, outside of post offices, reached
the impressive total of 1924. 1853.
527.75 at the end of June, very
brilliant record.
,a-Of the grand total, more thar
S154,00O,000 was placed in series +
bonds. over $27,000,0O0 in F bond
and SIP, 1887 900 in G bonds.
Maryland sales to date total $751;
,240,539: Virginia, s71 ,806,2l7. ane
West Virginia, $24,163 3,999.25, tht
Richmond bank says.
As already announced, sale.
through the Washington Pos
Office in June totaled $944,775, 6
new monthly record.
District Leads Trade Areas.
Department store sales in the Fifth
Reserve District, including Wash
tngton. from January through July
II, ran "a per cent ahead of the
same period year ago, by far the
best average percentage gain In any
of the IL Federal Reserve Districts
the Reserve Board reports.
Philadelphia and San Francisco
districts came next, with II per cent
upturns. Boston enjoyed a Is per
cent gain and New York 10 per cent
Business in Cleveland was UP Is
per cent.
Retail trade in Atlanta was up 8
per cent, in Chicago, II per cent
and in ST. Louis, IA per cent. Kansas
City had 13 per cent rise IN sales,
while Minneapolis and Dallas were
at the bottom of the list with 7 per
cent advances.
The average gain for the whole
country was 13 per cent, compared
with the jump of "a per cent in thi'
trade area.
Today's Trading on Exchange.
Capital Traction IS opened th'
weeks trading on the Washington
Stock Exchange with a $500 transfe
at 1851, up half point from tn
last previous sale. The marke
closed with los bid and none offere
at any price.
Potomac Electric Power 3As wer
also out today, a $4,000 transactio
taking place at 1919, off 4 from tn
last sale. These bonds closed wit
107l7 bid and none for sale at an
figure.
Washington Gas Light $4.5
preferred stock changed hands on
10-share sale at 95, jump of tw
full points from the last previo,
sale, as we'll as the highest price
several weeks. closing with 9412 bi
and 961la asked.
Washington Gas common is tt
Nnly issue on the whole list no
eing quoted ex dividend, excel
Miggs National Bank preferred.
Nelson O'Neal Back at Desk.
Nelson B. O'Neal, one of the vi
presidents of the Riggs Nation
Bank, was back at his desk tod;
after several months. He appea
completely recovered, and was giv'
O most cordial welcome.
Authorization objectives of Pres
dent Roosevelt's seven-point &c
romic policy require no addition
restrictions on consumer credit, q
cording to consensus of national
known consumer credit specials
appearing in the July issue of 'Tf
Month in Consumer Credit" pu
lished by the Consumer Banki
Institute, Jackson place.
An issue of $4,000 of improv
ment bonds of Bristol, Va, will
offered for sale on August s. Bi
ders are asked to name a rate
interest rot exceeding 3 per ce
Other details of the offering will
announced later.
Visitors to the New York Ste
Exchange Offices early today saw
market open about where it left
Saturday. Among the early ticl
notes was an estimate that Gene
Foods will earn more than the
cent dividend requirements for
second quarter. but less than
54 cents reported a year ago.