Evening Star Newspaper, January 26, 1922, Page 27

: FINANCIAL. : WITHTRADE NOT SO ACTIVE Inquiries New York Area Indicate Much Construction Work in Prospect—Elsewl:ere. FEDERAL - INCOME AND - ———— - " “EXCEsS ‘PROFLTS':_TAXES’ BIRD&CO. | F P ; | (Copyright, 1922, by Joseph J. Kiein. All rights reserved.) (Tax-questions should be addressed to Dr, Kiein, in care of The Star. To receive attention, | all- communications must be signed. 'Dr. Klelu's answers will not reveal the identity of | Exhibit of Federal Depositary.| > 3 ] R g g 5 ARTICLE XuI. , * Q. (27)—In vour first article in this | ge at Richmond Is Hughly G It {8 nocessary to dlecuss several [ Newsbaper L0U state that, one may No I Too S 1 ;additional items in order to exhaust Sucoesding years if met loss of frst Conducted by DR. JOSEPH J. KLEIN, C. P. A. . The Safest Security on Earth Phillips’ First Mortgages a 50% of the ready market value of the property. They offer you— 1. Absolute Safety. 2. Reliable Security. e e the topic commenced recently, namely, Direet Wi year s not exhausted. Last year I Private Wire to Gratifying. .. | DEDUCTIONS FROM ~ GROSS ~IN-|reported & net deficit of about $3,000. Ogden D. Budd & Co. . 3. Liberal Income. " BY GUY T. ROCKWELL. of small stocks and the fact that the | y ...\ weil pleased With COME. Can 1 now, with an income of $2,000 (Eatabiished 4. Insurance Against Loss. 3 packing season is five months away. el thankerature Dloay for the vear 1921, deduct that $2.000 ~ 1s88) Protection Against reciation. Special Dispateh to The Star. = o~ the preliminaTy report of the.results| Item 24. Bad Debts.—Bad debts.|left over from 1920, making my in- ew York City ' 8 Al Dep CLEVELAND, Januafy 26.—Grad- Steel. of operation of the Federal Resérye|whero provable as such, may be de- | come for year@1921 nothing? ! Full Service 6. Prompt Payment of Interest. ual improvement is reported in many | TORONTO, Ohio, January 26 (Spe-|Behk of Richmond for the year. 193] lines of business throughout this sec- |¢ial).—The Foliansbee Brothers Com glving comparative statements of tfie any h. tion, although business generally is) DALY has Duc two sheet mills and a) o yyiion of the bank at the close of not as active as many would like to|and are preparing to operate all de-]|1921 and at ghe close of 1920. ducted. When only part of a debt or| A-=The weliet to which vou refer | ,ooopurs camnrzp ow samem.” [! 7. Repayment of Principal in full at Maturity, debts 1s probably bad, then the part| $931. A net loss for 1920 cannot be uncollectible may be deducted. For|sct off against subscquent net in- Will S=ll cl‘oice First Mort‘m Inmtment. ., | the. first time those keeping books| “g™™ gy pegpecting " income tax o) . have it. Steel mill production in the |Partments in full, In the. report attention is AlFsstol|may set up & “reserve, for bad devts” | atbut Lich Jon tidly Rers aive 1,000 Miller Train Control $100 $250 $§00 $1,000 Mahoning valley this week 18 at the| o pypo, To0 o 0 (i to the analyais of discounted and-pur- | and _employ "the amount- reasonably | information, {.would ltke to know the B. K. FORT, Write for Booklet “S"—IT'S FREE Tate of 43 per cent of capacity, &n| _speel prices |} H chased pairer, where it s observed so reserved.as a deduction. For ex- Hor Satwean m‘e.n!v: Tt ot | ormome Tonk 0073 W0 Wamae Rldgi: 25¢ . ' T H ey increase over last week, but the com- :‘::'.‘!:!au 324 5. 3 i :l‘;‘ll:'l:ae .t:‘llalp‘}v:c:s:dnml';g;‘ was | ample, If 1 lend John Doe $100 and|the first line of section 202 of "“i. panies report orders coming in very | SIIPZIeC 3250, Ealvanie $3,776,016,000, as compared With ¥3.- | cannot collect- the amount from him, ::‘{;E"rfldelfi_;d"w }:Hn "fid N fi‘nm;ri v ‘slowly. Inquiries and announcements piain wire, $2. §98,083,000 in 1920. 'The entire“dif-11 may deduct the debt. If I can col- [ Soary’ Tefer e firs! e of THRIFT o | Wi t ference, it i8 pointed out, is due t¢ & s K of new projects, however, indicate $2 T pal ‘szx?;g_es Greidown $2 & Lo .decremse in the amount of discountad | lect only $30; 1 may deduct $70. It the law, and if you are A.—Rere: that there is a large quantity of con-| ¢, gs g t Poeg Eo® Moy ConCight Paper secured by government obliga- | I sell John Jones on account and "g' in doubt write me again. E S 1 . (29)—Kindly inform me through struction work in prospect. rates are keeping southern plg out tONs. It Is noteworthy that the un- | treat the sale as gross income, I may| . (CRIndly inform me progen | Value.to Those Safe Investments 1409 New York Ave. Main 98 Has a Greater | h o] of tat t gecurea commercial and agricultural | deduct the full amount of ‘the sale X sesn- 5 Reports from Akron indicate that] of Lo marke Hhcn e e ke Daper discounted in 1921 was $406.-1if I cannot collect the charge from | Menis pald to the union be deducted: | Who Invest in the tire “‘"“‘.‘“"{"}‘zo';‘;!,ii“fnaf 31 valley; foundry iron, $19.60 val. 535:000, eomparqdhwnh gs.o,‘x{slfifm John Jones. On the other d-dnd. l{, bankruptey of K, W. v;‘.n’:gul;“n_| FIRST UST.NOTES e = —— nearing normal. A B = P i ¢ ¢, in 1920, and that the number o I conduct a cash business and do nof he/ ? IR! TR b 'TE 5 cation has been the shipment of tires | 16¥. frelght to Pittsburgh being $1.96 | discounted in 1921 was. 124.840 against | Topott my sales but only my collec- { ¢4 $1:40L my union expenses being % totaling él.oon.ooo in value to Austria 94,348 in 1920. The number of ban tions, 1 cannot deduct the price of & $40, life insurance premiums $80 and ' :Zrn;ll"teed ':3”:: Tone of the T:::»e:: Vegetables. Y e il 1vz1 was sud, wic | gale when I find that the buyer will Eyv&}?“w.‘.':::-’ 1‘«‘;&’"1:2“:"2.’.32‘?.,’ ol | Not .only are your sav- - . not pay, but I may deduct, under an-f " oo’ ings maintained’ i bso- Shipments-over made to & single dis-| NEW ORLEANS, January 26 (Spe-| ¢ shows further that bills| DOt P! & e eturn g: n abso- Eributor and one of the largest ship- | clal).—Shipment of winter vegetables | discouniog. = securcd by government | fore” Reading, "the cont ‘price or my | * ST appear to have earned less | [yte safety, but you are re- Botallished 1889 IC L. Rust Finst Mordgage Loans oss, ments ever exported. 1t required | from this section is the heaviest i | war obligations, amounted to $41-! ‘T8 a5 Deprectation—A taxpayer | {han, $1.000. 4 Accordingly, you need fwenty-three railroad cars to convey | Many years. This has been the re-| 016.412.83, as compared with 354955~ | oy’ Goduct from his gross income & | (o tane * FetUrn and are not subject lieved of all details of man- to_tax. it to the seaboard. sult of the unusually mild winter. | 387.76 in 1920, and that bills dis- b1 t representing” the 5 agement. And at the same ACbetter Taquity in the retall trade | Prices received have been somewhat sownted by eomimcrcial paper, etc. | fcatonablo amount representing 0t The next article will appeay soon. ti?n Enleh 5 a is recrted by large paint manufuc- | Unsatisfactory. as they average from, totaled $53,621.825.69, as compared property used in his’trade or busi- mum return 1s Trom Many men who are out of | 40 to 50 per cent under those of 1ast| with $65.518,317.51 in’ 19% D e bullaings. made’ of M Lom il received. Tegular jobs are doing odd jobs of | year. Bae %" the ‘ercction of the new|ness. Business builaings smag et oney to. painting. g Fe -0l 1icse X per year, on the theory thai their|secured by first deed of trust on real estate Richmond, the bank premised eX-|,..qy) |ife lasts about thirty to fifty Prevaliing interest and coms o b Yield - o Yield N i int and NEW YORK, Jani | Henses: were $1544,834.11, as ‘com-| 2Sefl 1tie 1amta ADORE KISt dsnn-! oseph 1. W Declare Prospects Better foBooking R oauary 26 (Special). . Do rea With $1,207,388.01 In thé pre: | Joare. In Epocial cates NS maer. Joseph . Weller $9, 3 Than Any Time Since 1919 l{)‘:u::'a aatgs; vy pand.fextilelicom® { Flousiyear. Apartment houses made of stone and { The statement showed an increase ¢ about 2 per cent Lok TTH. "“Y in_this Mrkeg!-.{‘h:r:u';n?:: in the total capital and surplus of ;erckye?r?regi:;em:re: aade of wood CITIES SERVICE SECURITIES In .Small Denominations [V BEDICK SMER products are strong. the ‘Bank of 3$521,765.94, the amounty | BT year. Structures RCE o0 SO0 ; Special Dispatch t6 The Star. i for the two vears being glnl;.nlsv,gg'l L Oy debiartates at rom M}m s‘,ld. le(d () KANSAS CITY. January 26.—Dele- Silk. for 1921 and $15,830,631.07 in 1820, | FTate Machiners ceprectiies o per . gates from all oler the middie west.| SEATTLE, January 26 (Special)—| conene o O Tl yoar-mll dependin it pon the o s THOS. W. BRAHANY & CO. w sas Cil - ses, ® c Toes ‘of Natious business bodies, are ' rymy shipments of raw silk are ar-|Criacen in salaries, ete. The amount | SUNCSR R LnT0 e deducted Inveatment Becurition riving here and rival shipping inter- 920w i g i in their assertions that| g expended in this way in 1 Was| from gross income. In certain cases 9 fl't nar i ecetion 18 starting the year with | Puciaa Syracll®, thelr boats across the | §1851,947.80. while $2.127.174.38 was| Gualofohs ror losses dus to obso- 510-11 Evans Building nvenie enomi ono better prospects than at any time|nage on board. & ©On= | expended last year. lescence may also be deducted. ‘Washington, D. C. since 1915 Members of the South- Bond Issue Announced. Ttem. 26. Contributions.—A taxpay- Main 6159 \:»‘igi'-zlflt'og:;" har §'¢&§.§‘:°:§r%uua. Copper. The F. H. i;mlma Company today | or. m y|&f|d‘§fic§:(‘;r'¥:d:n3yl:‘:$ =4 e = ighter. | NEW YORK, opened subscription books on a_ne bt 2 r per cemt Chevy | N . Ty e hEmting to keep prices from | —The dometic copper. markes je. b | 1soue of 365000 first morigage 7 per | political subdivision theraof "for ox, mos 0 L MGL ette S 12 @ifteenth Streel IMain 6888 climbing, a3 a result of construction | a lethargic state at present and there | cent serial coupon bonds secured on | CLENEY, FUN L Ba oo e cluaively for oe. . fetivity, for fear price advance again are indications that present prices | their new building to be erected religious, «charitable, sclentific, lit-: & - will throttle buying. A building per-| might be shaded to some extent. The erary or educational purposes, in- s just beén issued for a $5,000.- | orlent continues to buy, Chin: 2| The bonds in this issue will be di- y , o~ !.'A'o‘ :‘:e ind cold storage plant pro-| ing with purchases is.f,'.‘!’n,‘.y'“:fl,.reu obligations on the F. H. Smith|cluding posts of the American Le- - cof i : i 2 7 liary units 3 v J. A. Snoor and other Chi- | coinage purposes. Building Corporation, owners of the|&gion or the women’s auxi s :.;g‘:"n,?g Boston capitaliots. kgt property. ~The company has under- | thereof, or for the '1':?,;31':?-" ‘:{ s A spring market week will be Notes. written this entire issue of bonds, “lg “; e O A A retatasd sponsored by Kansas City wholesalers | = which are being offered in $1,000, §500 | ord of such gifis must be TeCeIneC in February. Retailers who attend | N s 2 —1 2ra $100 dencminations. to’ run for | bY the taxpayer in order to p The offer of the Thol -5 $ aim. v 7 reduced rates or will} ¥ mpson-Sterrett | 5 f ten ¥ . “The amount of | . B b e iroad fares refunded. | Construction Comrany to ald in con- | ,RTiod of ten years, The amount of1™"The total’ amount of such deduc- First Mortgage This old method of getting retailers | Slructing 1,500 five-story apartment|(ajleq each year. Annual reduction |tions aliowed a taxpayer cannot ex- § to this market was abandoned dur-|houses which would rent for $8 and $3, svide ceed 15 per cent of his total net in- 77 5 Measuring Achievement Net earnings are the basis of dividends They demonstrate ability and measure the achieverr ents of companies. Records of i earnings are carefully studied by investors Tog the Tt “War years, but was re- | a reom without profit to the company | ff U oun J# Provided for by month-| come. " For example, if a taxpayer's e as a public service to relieve the; “pAmiIng fund payments o |gross income amounts to 36.000 and Eigurmify ers o peing saor | oning s Bae v, ot | 0, et o S, | B ot apdictots G nheeo Rl e peramra can b mous _quantities of flou i thelei-| ton “toward thle, contra T1by 140 feet deep, containing 7.000 y D e 2 : port demand still is dormant. i nstruction men and o T40 feet deep. contbining 7000 | maximum amount o cured now in amounts o D¢ this four is of the lower grades.(members of the building trades deduction is 15 per cent of $5.000, or flSfi Up to $10,000 b s ‘The ) St of the crop |councll, The employers’ side and rear. The building wil|3%d A o Pl ek e fovd values have en- | has rejected an aprbol};ennofi'?g;ym cover the entire lot. It will be of gzlz';hg-rml:'}J:utna':ln:?ie'ntloxrlo $800, ¥eiea mihs to reduce quotations on |offered by Samuel Untermyer which |the modern fireproof, steel-frame con- | o' c%13" only deduct $750, and the e only absolutely safe form of {he bread-making product. had been accepted . by the building|Struction. with stone exterior, ten|remgaining $50 would not be deduc- || iavestment ylelding such u liberal rate trades council and declared wages|Stories in height, and equipped with [ ;;." ersat. . high-speed electric eievators. The . be Courthous. prompt and Banks seekmg BOI'I'OWCTS must come down. For the time being. first two floors. will h‘e,oncumed n; It may be- well to point out that,l ,meient consideration given to all [ the 1921 scale, which expired last De- t : and traders. for Building | cemeer. is being continued. = The |the company, and the rest of -the fi",f,‘,‘ ’B'{?g;ge’;’u Lkl LU SR Bl TR d g for Funds 0|'l ullaing council has announced it will recom- building will be operated for offices. | Rmong the aliowable deductions. compuny each gote withoat eost o In- & ey s restur. .. N BY pavL c uEDRICK. | DD NS MOREST 0, (Y Elie| ek of Washington Electio QUESTIONS AND ANSWERS. woll Chas. D. Sager M Sy O compusis sione pecial Dispatch to The Star. of the week and three and one-half|tional Bank lecter Q. (26)—About a year and a halfago | . . iti % sl-:;\’r'rnl.,t‘:, o.lanuary 26.—Business | hours on Saturday to aid the apart- .': l“he :}mun‘fr n}::t!l'r'.‘;“}::ha‘rl;c‘hg I bought stock in a company of the 923 Fifteenth St. N.W. nes ented on the New York “. Curb Exchange show earnings in excess of " $1,000,000 a year. cross-currents and shifting| SOUTH ST. PAUL, January 26 (Spe-|for the purpose of organization. Levi|an active part. I discovered a short :nl?:sgavings anks and mutual sav- | clal).—Stockholders ‘and patrons - of | Woodbury, © senior _ member o ihe | time before I was to give up my posi- ings and' building and loan associa- | the Central Co-operative Commission|board. presided. and the following|tion that the man in control Was a is feeling its way in this section|ment house project. lhold its regular meeting yesterday |/Yalue of about $4.000 in order to take Main 36—Loan Dept. ing borrowers of funds | Association, which began operations|executive offi . & crook” and, on the basis of gross ;i 3 . Uons are e e, whereas before | last August and which handled the | the ensuing sear: © C ¢ "o clected fOF | migrepresentation, brought suil for er Iramn 'l.'hugmdmyothcr securities of substan- o uary 1 they were advertising for | gale of much of the live stock for| Clarence I president; | Fescissin of contract. ‘But nothing I hand dd s . Foresighted merchants | farmers of the northwest in this mar- ¥ has come of this and it looks as . o . depOsity, oo that this is a time 1o | ket, will receive $19.125 in dividends. |and. James Trmore. xer prosiameroy | though I shall never get a cent out Co-Openative Building # “America’s Second Largest Stock Market.” Control offer reasonably priced goods, and the | A refund of one-fourth olhmln v‘:‘org- W. Wallace Nairn, cashier; J. Frank sgml: ulnx:l n:iv(l,lr 1‘?:’ fll:r‘i?r:ny‘sbu"a‘:f Mfifl T ot Eiving more value.at less cost | missions paid has been authorized by | White, assist ! gotnw santl hiever las done fanyjbisls 5 3 | scems firmly fixed in both large and | the association. Brandenburg, trust Chiaries |00, e has broken me snd 1 am Urgantzea 1579 Avi aiitosiatic trainicons - Erom many sources information on New York . Small stores. Bankers say the period AT N e Linkins, assistant trust officer, and | ihe law to deguct this loss from my || 4234 YEAR COMPLETED o eacceselel A Curb Market securities is gathered by Jones & - of extravagance is af an ‘end. Loc( al w h. t St k E h Eyerett H. Parker, auditor. income tax return for this past year. tml;n operation. Baker, and is available to in cheir Bosrd banks have ceased borrowing from ashington Stock Exchange. | JFresident Norment then gave a| "Aif you can substantiate the fact Ammets . 3 you by mail. the federal reserve, and W * SALES. 5 very nsive resume of the|that it is reasonable to believe that, urplus e & Room, over telephone, or are so mearly liquidated, [hat banis | washington Railway and Electrie geieral| Pank's business for tho last year. At|even If ou secured judgment against i Calua.ltles inU.S.in your are buying comm - | 6s—$1,000 at 97. s report he re-{th any, collecti uxd be im- 'emal 3 team Piokled and mild cured red salmon | Powmac' Electric deb. 6s—$1,000 3t 98%, | celved the hearty congratulatians of | . Esxcb‘i?pfi"{s rcnoy eocvl:;:mwfhm the full Save s"' tically train service on s This great brokerage house has secured nearly from Alaska and the Columbia river | $300 et 98 the entire board on the very gratify- | loas incurred by you may be deducted, roads year 1920, Killed ..... 6,495 40% of its new customers from old cu-' ~ers— at . g o n large | Capital Traction—-25 a h e Joss incurred by you may be deducted and Prosper o of % : has commenced to mov o ng progress/made indicating the service 2(' this uaprejudiced t e " Wasington Raliway and" Electrle com.— uantities to the Atlantic seaboard |,V etaul During the past month this bank | = and Europe by way of the Panama 35 Momotype—i0 at 1%, 20 at 71, | has erected an iluminated sign oves | MONEY e e AL al. Tntil the present time the|s a7l the entrance, giving the date of the B Ry SIS D! L. h w results 3 castern and foreign demapd has been | . Mergenthaler Linal t 137, 8 at 137, Jorganization, 1809, thus showing the In Any Sum , . s deeTes . X ‘wers who have large un- year, and is therefore, the oldest bank es e - .o Y Tt so{;‘"fi:cf;oon hand are refusing to ‘m- o& lll:uv:-& and Klectrie pfd.—4!in Washington. nish money in any amount for| 824 lfllfi of Smk an interezi g Mon_n._}«'n sell at $15 a ton for shipment east, |8t 0, %3t o0, 0 87 B2, The directors of the institution are . Washington Real Estate En- Being Received Miller Train Control pre- York Curb the latest and this attitude has brought bu¥ing | Waihington Railway and Eleetrlc 4s—$1,008| 8s follows: R. P. Andrews, J. M. Beav- terprises. o 0 %o a standstill. at 4 : ers, E. C. Brandenburg, H. N. Brawn. Stone & Fairfax Shares, $2.50 Per Moath veats railroad accidents. o0 Sjlington, Gas 71s—$00 8t 108, $300 at| er. Jr.0 D, J. Callahan, Dr. H. C. Duftey: | sy . 'y, Awe e 4 Per Ceat Interest Commodity Reports Eatvion oo\t at 11 s Fischer, Maurice F* Flynn, G, W. : o O Jamuasy 11 the Intetsiate 1 ordered 49 railroads to install n A Forsberg, George B. Goetz, E. Charl- A 2 i Po‘omac Electric g. m. and ref. Ts—$1,000 l IBE R I Y NI ' EQUITABLE BUILDING From Various Sections "u’;‘:&:‘—]l’m T;-::’gsn’;':fi ac 1. ton Graves, J. T. Hendrick, Frank R. Bo s Jelleff Michael A. Keane, Clarence W. Posaat e loaes 915 F St. NW. Jonzs & BAker S Lee, Charles Linkins, Dr. Charl automatic train control. e o ) Clothing. i BONDS. | Luce, Morris B Mariow, Artnus 3. ll.be Bond Exch: JOHN_JOY. EDSON, Presideat Members New York Corb Market CHICAGO, January ‘26 (Special).—! Bidiand Abiedl Prices i May. John G. Meinberg, W. Clarence ANZE | FRANK P. REESIDE, Seey Inquiries Invited Direet Private Wires Many buyers of women’'s wear are in | = o | Miller, George Maurice Morris, George | \ 2 NewVork m Bomon Philadelphia Chicago, but are holding off from | PUBLIC UNILITY. «a.| W. Moss, Clarence ¥ Norment, Harey 604 14th Street NW. THOMAS L. HUME Piomburgh g bulk orders until after the fashion ., L 4s.... Gg- Asked | Norment, Richard E. Palro, George b, - = - = 2 show two weeks hence. y — Telga, 983 | Backs, Charles Schafer, John Seriv- —— = - Broker men are preparing 200 lines of ready- | Am_. Tel 5 ™M 95 | ener, Odell S. Smith, George L. Star- to-wear garments for display to buy- | Am. Tel, 107 110% ;(ley, James Trimble, P. J. Walshe, i - - 3 ers from the far west. Anscostia and Potemar Se. arry Wardman and Levi Woodbury. \ ) . Merehants’ Bank Eleetion. Ofpen at 8:30 AM. Every Banking Day Directors of tho Merchants' Bank —_—_—————— o1 c. & NEW YORK, January 26,(Special).— | Capital Tra 5 met yesterday and re-elected all of it The reduction by the Standard Oil ‘“'-V,‘:fld Sutburben officers as follows: Peter A. Dmry‘f Company of New Jersey of 1 cent a s Roesident: Joceph A Berberich and || * > g allon in the pricesof kerosene for Ernest . Herroll, vico presidents: OolumpIla auona export was not based on slack for- i Frank P. Harmon, jr., cashier; E. W. | | 4 eign demand, according to oil men E 98 e RS B - < here. but on lower priced cooperage | potomac Lioc. Domer £ 1 0% 1oow %1 chael J. Keane, counsel, i Capital, 911 F 4 ‘l'! !t Surplus, ~ | ., or lighterage. Alex” aad Mt Yer. 80, 2 J. J. Boobar to Preside. i $250,000.00 §250,00000 [ Jron Ore. W. A. Dexter, chairman of the ban- | I Z i i uet. committee of the ‘Washington |fi ¢ LUTH. Minn.,, January 26 (Spe-| Wasington s Biec. 4., 63! S abter it i cial).—Mining companies in the Min- | Wash. Kwy. ang Blec. §. m. 6. Ban| m.,°£nn:um§2§“|:'¢' :.T;;.’: atior nesota iron ranges are. increasing MISC : 5 B S ed operations. The Oliver Mining Com- | Rlggs Realty Bs-(lonk). }m;:f,l::-,"%:';2,’;‘}“&,‘.‘;:;3‘;“‘}‘;‘; y ettlng a USINESs A tart - DierY mine andthe Bennet; mine at| Weeiagion Market G, i Terminal Taxicae Comyany, had been | b 1 . . ¥ & 1 Hoewatin started production this | Weshington o e R oiraALy aLa for the suaus { Very often evidence of standing at a good bank -~ Have A Mark - To Shoot At | \ week. s STOCKS. OIS G b | is in itself regarded as sufficient proof of the . | Shses. American T aad relga iy (204 s 10 orclock thare il be gens: caliber and prospects of the young business man. - People are more likely to succeed when ~ they have a definite goal or purpose. .~ -Save for a Purpose.. " &et a mark toward which you will work. Say that you will have $100.00, $500.00 or 2 $1,000.00 or some other amount in your sav- : ings account by a certain date. : And remember that small accounts are wel- come at this strong, friendly bank. PHILADELPHIA, January 26 (Spe-, ¢, Xter has selected an_effi- | I d . . . . cial).—Shoe salesmen making this| ¥esmmgion Ot %l U | elent wibcommittee, and: is conndent| [ Thus well begun, his battle for business is half city the:{ heltdqua.rllers rara m;kn.g Norfolk _and Wash, Bleamboat. 183 s :’;grdw;r this year will be the largest| T ¢ trong efforts for restoration to favor . Rwy.:and lec. com.. X { g b 1/ ¢ . ; T o nocs for women Ther ae | Wtk Rwy. ad Bic. N0 &% o | Jullus I Peyser, president of the So trying “to induce manufacturers t X, curity Savings and Commercial Bank, > g i ; g d RS Drodes “motels with fanty tops | America . S neayings and Commercial Bank|Mi {] Columbia National service has given impetus to Which they’ hope "will appeal "as Capital @ iR M |of the bank had decided o ive = din, many a new enterprise—has helped older ones to stro C ‘- . itrict prosper and expand. Youll find:it pays to be hose now worn. District the institution at the Racquet Club in ; known at Columbia ‘National Bank. | Farmers the very near future. Cs B. & O, Surplus, After expenses, fixed charges, taxes Automobiles. | ; BOSTON, January 26 (Special).— — — — Nadlonal Metropoiitan .. 210 and /dividends on_th: ferred T . Nash car Efix‘l‘.f?r?nrdl:::a“:"f:frn&:;::! L"E, % o +::7: | incloding the regular semi-ammaal Sl 3 Compound Interest Paid-on Savings. ! as_many automobiles in December, | Waeningts dend af 2 per cent, declared yesterday. /0 You can_open. a Savings Account at g Federal Liberty Liacola 1931, as in December, 1920. Sales for ‘Comp the Baltimore And Ohio Railroad Com- nvenient Bank with as little as the first half of January were 100 | American smmy"m Trust.. 228 g‘“’m;‘";e‘bglr:\alhgut year with al- TS i‘ ,,,, sy — Der cent greater than for the. whole | Coatinental Trust ....... 90 ““‘::t i siv:n ey nfi“’e"; "'fahll :&!fi- month a year ago. Natlonsl Buvings and) Tres!. :| of the-directors yesterday, when action & : = S TR T st i i St N 8 N Washington's Oldest National Bank NEW YORK. January 26 (Special), v Holders of record February § - ; . in = i The entire 1921-1922 pack of 14 You may start an interest-bearing account +The entire - pack of can e ' f . v (e 3 B et e et St 8 & |zonmen TRADE oF FRANCE. A Bank for Everyone . witlfone dollar or more. , , eon cleaned up. comparativel AR i s : ; S s B : new product hai become popular | OB S :r:dt ns.'nrr":-:l ;t'?{“lg%&m‘;?: et ahee | 114 fNot for the few is the prestige of a : 3 3? ‘ Savi SAN: FRANCISCO, January 26 (Spe- cau ., FIBE INSURANGE, e $1003,000000. osirance and exx Iy connection with- this, The OLDEST 3 Rl us Roe s 0 Interest on Savings. cial).—Prune = stocks are strongly IJ and growers declare the'demand g the tull year of 1621, on tnis basia] ‘National- Bank ‘in {Washington.. *"" - is increasing even at better pricea. Saporis were 31,064.000000, os roxt tns | HAR N E T'Big Business” finds hece that ade- groess of jmports for the year was | quacy of facilities essential to the S90L.000,000 Srustas. ] . - dependable dispatch of its banking . S el demands; but we sefve small de- ,”m“,"f,;cm‘ aye | positors glddly and encourage Sav- ~eEz8 ¥l *® s Woel, , S OTTAWA, January 26 (Spectal).— | Som™Rn, T hiic Csnadian wool growers predict a fur- MISCELLANEOUS, ther increase in wool prices and de-| Columbla Graphophone com. clare shortage in the United States| Goium e Jon 8a = jumbia pta. ill force importati £ Canadi: C. Pager E Co.,. 5 Becort. . ’ ings\Department patrons to call . P 5 s - . oot ‘into that country. despits the aactie thd i Amner Tobaces, Cor & B 4i hon: 10 -2eac: 3 | HAE y ::sgs for cotmsel ag:vemnent s“t‘;’:: oy : ; tarift, tch Market com .2 'u*&ma:émn,;-g Feb. y DO cioncete, . b it : MM o,~9 2 NEW YORK. January 36 (Special). | §ecorits = s '8 0 SN ewiche: Xt M 0e i b i 15th and Pennsylvania Ave. ; ; —South American countries and Mexi- <o have been buying Maine sardines) Creely in the last few days. R B 06.*‘1 gtd 4. +.. - _ HOME SAVINGS BRANCHES. _ . *.7thand Mass. Ave. 8thiand HSts. N\W. 436 7th St. SW. you? ; LONDON WOOL SOUGHT. 1] . 0 i % | Tomatoes. LONDON, January 26.—At the wool { e o o Menesil ahon 5 em ’ < - ctions of . ] > 3 g 5, o > the t; thered h. t unchanged prices. The bulk of B 't i Capital; Surplus & Undividi Profits Over §1 the Delich today that canncd’ tome. | tho offerings was clcared. . Tho beet 31 Feb. ! C , & Us od | A toss would unde: receasions in | merinos sold well for the continent o0 & : St.; Ovvositedl). 8. Treacwrv—108" : price in the im mu’}ntnro in- and America. R . 3 - ” = s