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Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

Dec 16, 1924

Page

7

Potomac Joint Stock Land Bank to Offer Bond Issue

The Potomac Joint Stock Land Bank of Washington will issue 500000 dollars of 6 percent bonds due 1030 with yields to 1934. The sale, handled by Brooke Stokes & Co at 1024,-backed by real estate loans across Maryland and Virginia, shows total assets near 2.79 million with 424 loans and a 39 percent loan-to-value ratio, no foreclosures in the bank’s history, and officers including George A Harris as president.

F. W. Patterson Potomac Jet Stock Land Bank of Washington Brooke, Stokes & Co Leent Riggs National Bank Potomac Joint Stock Land Bank Maryland Virginia Jbank George A Harris Federal Na Bank of Baltimore Vernor Gowin Ormerly Vienna National Bank of Virginia H. Laurie Mitch Fedral Land Bank of Baltimore Counal Issa Bonds

New York Curb Transactions Reach Record Freight Volumes

October rail movements set a new high with 43,109,743,000 net ton miles, surpassing August 1920 by 424,835,000 and exceeding last year's level by 2.1 percent. Weekly loadings averaged over 1,050,000 cars, peaking at 1,112,345 in week three, yet operations reported without transportation difficulty. Rails seek union, Fleming reports duck-hunting success, and wholesale prices rise marginally in November. Curb market shows broad strength led by Standard Oil affiliates, Sage, and radio stocks amid mixed utilities.

Bureau of Railway Economics Standard Oils of Kansas Kentucky Swan and Finch Prairie*Oil and Gas Imperial of Canada Humble Sage Bazeltine Dubiller DeForrest Thermiodyne New York Am Gas & el New Cregle Syndicate Enue Am Light & Traction Federal Am Power & Lt New Bt Euclid Ol Girliland Merch Am Superpower Gulf Ween Eeenems Kirby Petroleum Archer Daniels Midland Livingston Pet Mutual Archer Daniels New Bedford Atlantic Fruit Botany New England Liverpool Borden Boon, M. & Ariz Land Peer Brit Tob Penn Beaver Brooklyn City Brunswick Balke C. W Red Banks Oil Royal Canadian Ryan Consolidated Chapin Sacks Salt Creek Chatterton & Songs Chic Nipple B. T United Central Childs Co. New Com Power Corp. Aden Cons. Gas & el. B. New Woodley Petroleum Ex- Inc Arizona Globe South Continental Teb Canaria Cuba Chino Curtiss Aero del L & W Cresson Gold Doehler Dismondfield Black Butte Dubitter C & R Divide Extension Te . Co Osda Dunhill Internatl Engineers du Pont Durant Motors Fiorghee Goldfield Duz Co, Inc Goldfield Counswees East Penn Electric Goldfield Federated Metals Harmill Ivide Ford Motor Canada Hawthorne Freed Eisemann R. C Hetla Gillette Saf Raz Howe Sound Co Ene Glen Alden Coal Indep Goodyear Tire Grennan Kay Copper India McNamara Ohio Keystone Solether Plymouth Wees Lehigh Power Sec Reorg Silver King Sessor Lehigh Valley Coal Co Rochester Silver Wee Bec Lehigh Valley Coal Sales Liberty Radio Co Spearheed Seeees Mengels Box Eeee Mesabi Iron Ohio Fuel Corp W.i Omnibus Corp Ctf Allied Packer Pathe Exchange Pitts Gag & el W. i Pow. & Lt Rolling Mills Radio Corp Rova Radio Ett Associated & Howe Atlantic Fruit Inc Atl Grutt & W.E Akan Beaver Board Calif. Edison Bethlehem Steel Southern Coal & Iron Can Balto Tower Mtg -Corp Tee Union Carbide Neere & Co. Tigs United Gas & el. New den. R. Gr Gs. W. Ft United Light & Power A Detroit City Gas U. S Light & Heat Detroit Edison Light & Heat Warner Malleable Ward Baking Corp B Dunlap Tire & R Ware Radio Corp Beeen Western Power Ape al Fisher Body Sean Pe Wickwire Spencer Steel General Pet Taxi Cab NY Anglo-American Internatl Atlantic Lobos Buckeye Bay Libby, McNeil & Ry Eureka Liggett-Winchester Arte Motor Products 6S New National Distillers Co Illinois National Leather Orleans Sal Imperial Oil Canada Nor Indiana International Pet Magnola Pet Ohio Power Nat. Trans Ates Pub. Serv. Corp. N. J New York Transit Ib. Serv. Bl. & Gasley Northern P. L. Oe Pura Oil Ohio Oil Sinclair Cons Penn Standard Gas & Hlec Prairie Oil & Gas N. Y OIL N. Y Sun Oil Prairie Pipe Line O Swift & Co Southern Pipe Union Elect. L South Penn Oil United Drug Co Southwest Penn United Bys. of Hay Standard Oil of Ind Vacuum Oll Ebster Mills Standard Oil Ken Standard Nebr Bogota City Helsinefore Na. M.S Teeence Ing. Nether Arkansas Nat. Gas. Wear Aus. Hy. Pow. Ge Carib Syndicate Oeneane Peru Poland Solvay CO

Treasury bonds rise amid large oversubscription on new issue

Special to The Washington Post reports a $200 million oversubscription on the latest Treasury four per cent bonds lifting overall government issues. New fours traded at 100.18, rising over a point from the subscription price. Other notes show strength, including convertibles like Maxwell Motors and Skelly Oil, with utilities and rail stocks firm. Call money eases, bar silver at 68, Mexican dollars at 52.

Washington Post New York Treasury Hyakang Railway New York Edison

Also Mentioned on This Page

Joint Stock Land Bank Brooks, Stokes & Co Washingtonailway and Electric Company Perent Metropolian Railway Company First Mortages Washington Railway and Electric Comny Ornblower & Weeks Hambleon & Co Weston Electrical Instrumentorporation Weston Electrical West Electrical Instrument Company Newark Bank Lne Irving Bank-Columbia Trust Company A. A. F. Marcus Central Europea Berlin London Paris Bomay Mexico City San Juan, Jr Marcus Maras & Volkmer Deutsche Union Bank Union Trust Company Lanston Washington Capital Tractionompany Washington Allway and Electric Preferred Tong Washington Gasight Washington Railway and Elect i Company Capital Action Ba Washington As Katy Missouri, Kansas Texas Railroad Company Yesday Jrast Co Fidelity Union Trust Camp New Jerk American Institute of King Joseph K Meyer Raymond B. Dickey Terminal Railroad Association of Robert V. Fleming Department of Labor Curb Market Review Nebraska Western Power Corporation Das Chicago San Francisco Massachusetts Bank of America H. P. Wilson Great Western Power Company California San Joaquin Light and Power Corporation Western Power 'Corporation Great Western Power Company of Harding & Pratt Boskees Lem Cean York Guy C. Earl Trustes E. H. Rollins & Sons Bonbright & Company Arvanges Washituten Post GEO. W. Linkins District of Columbia Subweba Montgomery County INTE H. L. Rust Company The Prudential Insurance Company of America 15Th Steel N. W Main
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