Evening Star Newspaper, January 15, 1921, Page 13

THE EVENING STAR. SATURDAY, JANUARY NEW BANK BULDING = o o vow o FORMALLY OPENED Savings Institution at 18th | Street and Columbia Road. e L i 72 7 Ty Six Choice Listings Which Will be of Interest to t l:e Home-Seeker. Opean for Inspection Sunday. DO YOU APPRECIATE A BEAUTIFUL HOUSE? OUR ARGONNE TERRACE HOMES HAVE RECEIVED THE MOST FLATTERING COMMENTS FROM THOSE WHO HAVE VISITED THEM 1. 4. 3240 15th Strect N. W. | (1302 Columbia Rd. N. W. e i Waatihscon Splendid_10-room home on inston Columbia Itoad between 13th I-uh Heights: water I built in wide; hot toadl S e \~Id|(...-:~ and 14th N. W.. 6 bedroom Correctly designed by an architect of training and experience. they have an appmlnw originality and charm that recommend electrie light ted throughou n can hot water he newly di mediate o n An unusually rmn_ piven, Price, $11.730, on terms. Formal opening of the new home for | atirmeive home. IS e ineii e e M them to those who appreciate the best. Attention to such impor- N - CADiag By e o e tant home features as built-in heated garage, sun parlor, real open a road northwest, is be- mcpl.lce has pmducul a house that is both comiortable and con- . ing observed today R : e : 945 She'\hez:d St. N. W. 1312 Fl°l'3155h'°¢' N.W. of 55 PA’:I"LZ‘N?.. e et - ? ; o : - venient with an environment unobtainable elsewhere. The em- I o e n Columbia road, is consiructed of | | SCREEIA LT 7 FOa - ¥ hellishment of these houses is accomplished with an artistic T e : T e R O Chan g WESEREN SN e mastery that lifts them out of the ordinary. i s b [t e e B - - Argonne Terrace, at Sixteenth street and Columbia Road, cement oS aln e northw thé room | & L : 5 the choice residential location of the city. S R e A Its completion as a unit necessarily will enhance the value of ientrance south Open for Columbia rond, epencd these houses. Such is the unalterable law of real estate i BoaRLaiae ¢ & « - the 'southeast. corner - i . o development. president’s room, adjoining which is : s : / i : { = 5 5 z 5 = 3568 11th Strect N. W. 1738 Lincoln Rd. N. E. I Soapon ot e | : ; To those secking the best NOW—Argonne Terrace offers a vault, ¢ i 5 ; o . positive warranty of value. The future will put a premium on these houses. : SXHIBIT HOUSE—HEATED RN AL R 1628 ARGONNE TERRACE NW. CHAS. D. SAGER ,,,p:.",fj;,‘."’“..';’.’;.'ff sl S R N B 23 Fifteenth Street N.W. i i a5 ”' . . F if WILLIAM S. PHILLIPS Kknown 3 ai g £ e de S R o Doxes, at the marth ena at wnieni<| 78 DWELLINGS BUILT. woln Road near .\'nr‘lh Capi- i{the money vault. Over the vault. in | large the mezzanin the dir: " 5 e, the dirte room is st Sapie located. with a haleons TookimeTout |Over a Million Invested in Homes over, the banking room. snable terms ca in Cne Subdivision. $1.000,000 for inxpection Sunday Gpen for inspection Sundny ks in the south and middle White E Sion i 48 e e | R T e e St on e s ot e w1 | b o e 1408 New York Ave. N.W. —-—-—'—"——‘—‘-———' = 7 L he te < of the 11th stre - ’ L ek M A o SRR ) ““II[:| - b st e ¢ e OR CALL ARGONNE TERRACE, COL. 8922 e pres- | < Colorado avenus e, cora it 1625 K St. N.W. FRANCIS M. SAVAGE GRADUAL GROWING CONFIDENCE | IN BUSINESS SEEN IN MARKFT. Marked Revival in Many Industrial Lines|~2 ‘Noted—Price Readj‘ustment Already | Attracting New Buying. [t BY STUART P. WEST. NEW YORK, January 15.—A gzen and rather sharp fall in money continued recovery in the further heavy buying of investment|terest jsecurities at and v {ing, but in tl ain more hop trade reports, are the outstanding fe jtures of the week just passed ican be no staking y ! 'grov\th of confidence in bi - Bl 3 s to three-quar The chan: from : B 25 s if thes s - P mism of a month ago is - X 3 BY STUART P. W tinct. There 18, of course, a £ood d S jo| NEW YORK. January 1 of unpleasant news still to come ng ta ieh i oaeay el the shape of annual reports. Ind s [ imaning e [ooo ot mpany earnings for the the stock ex of the new vear will. in the R - and productive of very little fes of cases, be poor. But ali (0T B 2 rdens e i e been expected and taken into o1 2 In the main, the impression given w jone of greater strength than the pr he ‘n thing is nm as compared ¥ ne e a-~ge. | £ have g « with the latter RAlf of Dicember, 1o ve Bleen e fmark {has been a marked revival in ma for.| Ilric liaesd bl indoatcics Hime: cottont and : : where they ehs woolen goods and boots and shos . i etion Tori s hich were among the worst suff. did not mov llapse. Produc W ht'l[ options bre throusn jnstice bt to everyhody 4 LARGE OUTSIDE BEDROOMS Always Open for Inspection . It Will Pay You to See Them I 5507 13th Street N.W. EXhlblt House Open—Lighted Until 9:00 P.M. Salesmen’s Phone, Col. 8779 To inspect, take any 14th St. car to Kennedy St. 1t cheeks npon re- | At Interest in Rails Centers in Reading. Special).— session or ange was inten, ure moved very rations their i . the lowering l)’ P th lVILJ.)hn\ in report tha the Bri wages hacmheenl a;(rfnr}pfl ed & In fllh- ! 1 lowered it purchas an astonishing lack o turl wa. | The cotton market was irregu ana Che price readjustment ha gone | honds mat v (e et fove | lar ana_unin terling was A WORD TO THE WISE—In this operation we ¥ 5 _ far enovgh to attract new bu . 2y e by | vory littie chang = 2 Gray stone and brick semi-detached home of N{m3st dldrfi;[l]lf;nk‘:;ll!hough not in all L zine upon thc i interest centered have several corner houseg with built-in garage and SRl . 3 { o n the money quotations L i ver govern- ontinued to be = £ e i o Ti7 U Govoi oo et Gff (i 1n call 1oan rates and In bank accept- | Me2S. should be fusided futo long- | e ontidence surrounded by lots of ground. ; Y = 5 § ances has been remarkable, althou; e that the secre = i f the k ses in 14th St. Highlands city. containing 12 bright rooms and 3 baths. entirely expected. Funds re o through | wouid soon be out and that it would From any one of the houses in 14th St. Highlands > = - from the crop moving and from manu- f a you can have a view of entire city. {scem to warrant higher prices for 3\ £ s Calh fche facturing channels as well ha d..[”d("m‘hfimrh' ‘md. well finished throughout, baibine i (aponiithe fvanciatdente:s | i Naalaiued 2 yarticutarly suited for -sicis sara 1 from the interior of the country. This i D] ! up anti separation | and particuiarly s sited for physician. Garage for is what has forced rates d : ¢ “-mlml R aoaron ol bl four cars. will in due time cause a sim er or later be put i ering of commercial discounts Otherwise railroad investment market is fully bearin S L 3 ¥ | did not respond . J. Dunigan 1321 New York Ave. Main 1267 A D guel to such fluct ading market, niefisier t do_ with Incorporated— 200d judge ched in the | another month, wh closer to the « not the least w the case of i | ! il - pud jout the anticipations of a month ago. ite [Tt was predicted then that money |, g ~mand anl RallvaysfiCriveled: : ° {would be easier after January 1. that i s ag: i very likely tr imony before the 9 ’ 1 . 2 . v 3 < interstate com- that with_interest rates coming do i 2 . SON & Co bonds and all other fixed income sc- The bond market for the last two this prophec: Nor is tiere any sign |~ Consriniaeaty de before the com- | i | ins of new Securities which th -‘m were without current funds might {| been expected to have had some | trade liquidation would steadily in- effect that th { curities would go up. 3 - 821 15th St. N.W. Main 1477 {weeks with its all-around advance of that the buying movement is on the | mittee, however, that the railroads were ket has been called upon to absorb S| f during the last six months eac » | Washington Stock Exchange. | { itoct upon the equipment stocks. That eve an ar ome high-class issue is snapped up the | jit did not. but that on the contrary moment it is brought out. Long-term | } Baldwin Locomotive and Am n Car crease the supply of free capital and Bond Market Active. DL LR . {two, three and five points has fulfilled hasten relief action. | wane, Despite the very:large offer- e — {unable to buy new equipment because mortgage bonds are being constantly SATFS. should have gone higher teresting it was another ] S =] N > rrj ! taken by the big investing institutions L et 120, % 2930 Newark Street . e ot i i | womtngon ST AL | 5F fden of o Trsmative S vailing view is that, subj Sy (e IR, [t is nowadays to unfavorable news. usual o i e Bid and Asked Prices e ! investments still has some distance to . BONDs Ninety T t of the world's sup-| %0 before it has fully discounted the PCBLIC UTILITY iy of “cloves comes from two small || coast of Africa— decline in money rates, present and n s oty the prospective, and the increase in the h e AR e HA: purchasing power of th- dollar. . : The vitality of the investment mar- i 2 : 5 — || 1 ket was the one bright spot <. i o . e fitouE ot Sl o e i TR T s December. iieavy sacrifice when they off k heir mew. securitics. but they were : ; FOR SALE able to sell them even during the e o worst of the troubles, when in former ;i i ="B[ 2024 0 Ss N VJ periods of strain it was hard to sel) ) A 3 3 =INO. at any price. The result was that a Wah K " : 2 = part of the..credit.load which the | Wash Kwy. and Elee G. ) 0 P 17 00 hanks were staggering under was : o - l rice, lifted from their shoulders and passe: tenlty EOS: o on to the investment community i 1 iy ! := A CO H To ‘Aid Foreign Trade. OCKS ome = The investment market is about to Worth (.lnxul Consideration perform 4 similarly helpful function | it " Son £l s ; = e Conie Yy @ VACANT % = 1523 New Hampshire ! Avenue Northwest || _ Located in Washington’s /i Best Residential Street || TOWN HOUSE TR, In the forcign trade. Within the next : 3 | few months the Forcign Finance Nort : 9" oot s bt ol voration will bégin operations i It ; B i counts upon raising its 4 3 5 : ¥ through the sale of debenture bonds. ; £ e sl oF dshopture DNt L Geo. Y. Worthington publi supply the funds to ex- | (alumbin 200700 5 & Son {end ‘credit abroad and start up the | e ; : W foreign trade, taking this responsi- . 3 oodwa ildi; bility from the banks, which have | pesem : rd Building s anenlp : O ow a third way has been sug-jN — L ted whereby the vast resources of | I investment market, the S - I ! dent T them, may 1 oo T H d i by in is period of convaleacence. It |Americs S i is proposed that the % 000,000 o i : 30 S| o H debt which the v s ofig Trust, 5 o i ernnient be funded into a loan and of- VINGS K. fered to American investors. The de tails of the project have not been e rked out. “hire. womid obviously | Mercnant be many difficulties to overcome. The | Security bonds would be secured by the public credit of the European nations, and what is more important, would be a0 Tl Designed and finished to meet the requirements of any Social Occasion. Contains 16 Rooms and 6 Baths Open Sunday ||| Double Garage In xclusive Residential Section of Washington Heights, supported by the public credit of ] & . = ~ Most attractive completely detached home, located America. They would therefore rank 2 o 1855 and 1857 California e ‘ = E edec with liberty bonds and would have t Avenue N.W. F 2t05P.M just @ few steps from Conn. Ave.; 8 large rooms and bath; be brought out in a way that would| Firemen's Wbus rom o M. hot-water heat and electricity ; deep lot with 45-foot front. Dot e e K O ed only by | Natimal Union. , These propesties will appeal garage ol appearance consistent wi e iece-meal flotations. But with allf you; O d 2 baths; Age s gardoe 08 Pl with the house; Dbjcctions considered this seems to be ! e - 4 ...l two floors; large rooms, suit- reasonably priced Gne of the most feasible proposals et St e able for cntertaining. The H w d made for solving the problems of gov- 1 ! 2 e TRBWEE T i Phene Main 2345 for Inspection e e sevemto And redemption of, (o1 some w0 P gyl BU=S e calics larry ardman nearby war bond maturities. T the money. I 1430 K Street N.W. Phone M. 4190 Lightening Tax Burden: i teriel s ,“ k 3 1 Open for lnspeftion ‘Sunday, Annon ucns T e e o 9 AM. Until 5 PLM, ment's l\lx;n’:‘ciul programt\vllhl iud ef- | Vanston Monyty : i c foft to lighten present tax burdens |Security S E E z 1. Exclusive Agents while finding new sources of revenue | Wasblnion, Joseph C. Z“'kle . s of great importance to e invest- 3 = 3 Main 2345 713 14th St. N.\W. Mot siaficets ana in long range cal- 203 Colorado Bldg. culations plays a larger part than almost anything else. The excess| One of the best grades of Italian Phone M. 4985 R 2 5 o A B s 7 e e four e, "