Evening star., 1943-10-20
Total ------------- S714,870, ,781.8l
Associations Boost Bond Holdings.

Building and loan associations in
the Capital had increased their
holdings of United States Govern
ment bonds by more than $50 per
cent on September 80, compared
with their investment in these Sc
curities a year ago, the monthly
report of F. Wilson Camp. Secre-
tary of the District Building and
Loan League, revealed today.
The 25 associations belonging to
the league had holdings of ST.
$4,000 in Governments at the close
of business in September, 1912, while
the portfolios had grown to Sl7.983,-
685 at the end of September this
year.
Total resources of the member
associations reached another new
high in September, amounting to
s192,035,l65, compared with s177,-
549,782 a year ago, an increase of
S14,485 ,4O3.
A steady increase of new share
money was reflected in a gain of
Sl5,564,53 during the II months,
bringing this item to a new peak
of Sl7l 1868, ,624
The total number of investing and
borrowing members now exceeds
10000, Mr.. Camps survey showed.
Real Estate Bonds Advance.
With a September gain of 81
points, Washington Properties Is
were among the 10 largest gamers
in the Amott-Baker price averages
during the month. The average
price of 200 issues rose IL per cent,
the 18th consecutive month in which
an upturn has taken place.
In the nine months the average
gain has been 20 per cent over last
year. The average price per $1,000
bond at the end of September was
1896, compared with 1891 at the end
of August and $3.50 at the close of
1912.
MayfloWer Hotel first SIS gained a
half point in September; National
Press Building AIS were up a point,
while National Press Building 3-5s
held their own at Sc.
In the classification by type of
property. hotel issues continued as
the leaders, the review stated
Delmar To Attend Council.
Charles Delmar president of the
Lincoln Service Corp, an industrial
banking firm, will attend the annual
convention of the National Foreign
Trade Council, in New York, No.
vember 25, 26 and 27.
He has been member of the
council for several years, his ap-
pointment as delegate to the COM
ing conference being made by the
trade council president, Eugene P
Thomas. Mr.. Delmar also is
member of the Councils Postwar
Reconstruction Committee, which
will meet on the day following the
general convention.
The program calls for full dis
cussion of export problems and the
best ways to meet them after the
war, by General Motors. Pillsbury
Flour international Harvester, and
similar corporations.
Tax Guide Distributed.
The Investors Tax Kit-1943
edition is being distributed in the
financial district by Merrill Lynch.
Pierce, Fenner & Beane, it being by
far the most complete tax gui6e
which the brokerage firm has yet
published.
The kit contains work sheets,
charts, explanations of the latest tax
laws. very long lists Of what is and
what is not taxable and a lot of facts
about many different securities in
case the taxpayer wants to switch
from one to another. Capital gains
and losses are given special atten-
tion.
Passenger Revenues Soar.
Seventeen Glass l railroads, rep
resenting esq per cent of total oper-
ating revenues in the Southern Re-
gion, estimated that their operating
revenues in September, l943, were
greater than in September, 1912, by
ST per cent. Freight revenue was
estimated to have decreased IL per
cent, but passenger revenue increased
1868 per cent.