Evening Star Newspaper, May 18, 1922, Page 27

ATONALBANKIS 1 Ve AnD T rToRY Jn HAVE BRANGH[S Greatest Pick-up in Business Is Reported in Auto Lines—Production in Many Industries Increase. First of St. Louis Claims Right—Says Controlier - Approves. o BY L A. FLEMING. From Missouri comés the announce- meht, made with seeming authority, ty the First National Bank of St. ouis, that a national bank may or- ganize and operate branches through- put its home city. BY GUY T8 ROCKWELL.. skins {s very dull. There is a de- Special Dispateh to The Star. mand, however, for strap, bag, har- CLEVELAND, May 15, — Employ+| 1¢%8 and calf leathers. ment here has taken a sudden spurt " Cemen forward. The Improvement has been| PITTSBURGH, May 18 (Special).— steady since the first of the year, but [ BIf program of road construction in this section of state ha: ut cement in the first two weeks of this month | {119, 8€ction of state has puf, CHCRC the advance was much more rapid.|are operatin . g at capacity. ‘Washington has at last been tl::: The stats employment bureau found ‘Washington h:\' Just "hifl\m::“‘h lnhen for 1,399 men and 1,789 women SRS “ORT‘;;';'“' N “- (8o branch banking matter, n that i % , Tex., May e . :musa\-lrng; bank in direct connection.| = 0 ‘]‘m'- This is the largest| o\ 0 0 Picts where cotton Crops then a transfer of charter and in- placed by the bureau in a|were so complete a failure that farm- corporation under the national bank | similar period for over two years. ers have been unable to purchase act and then a merger. a| The greatest pick-up in busine d are being aided by merchants But St Louis goes further andj, 5 CEECES Do St oclations. Latter are shipping in takes a much more direct route. een in the automoblile line. | yoaq ang selling it to bankrupt farm- ©. Watts, president of the bank, In|but many other industries are feel-|ers on time. announcing. its intention to open|ing steady improvement. “The habit B hes “in important business{of hand-to-mouth buying is dying out Shoen. " say “This announcement|and consumers and dealers are plac- v o 4 S centers, ys. ek Tn | Ing thel e ST. PAUL, May 18 (Special).— Shoe 5 "“'?"{:‘deefls‘;?dflx'r:‘alfx.o'; ihat |- Production of pie tcon in this state | MANUfacturers report excellent busi- view of the vears- ness from retailers in this section. national banks were limited under|has increased us per cent since Tast| g 1/ 07 ' dending In good orders 1e location. July, and the amount turned out h h "‘;L'mc.".‘..’;fi{i.“l.‘o.'fi'{ SWotts and his | been equaled onily once aince the civil | fOF Immediate and future deliver ‘(’l‘n‘(:d:rutlshw' with regard to this|at cag-cny One company reports it| CHICAGO, May 18 (Special).— . e redtia the opinion was rendered |has shipped 4,000 cars this year. This | United States Steel has blown in B e Jaw does permit a national [1s more than were shipped by this |other furnace at the Gary plant. m P e LN abieh additional places |company in the entire perlod of 1921.|ing eighteen out of twenty-seven A o ees th the city in which it] ~Building construction is someWhat | active. "Mills are booked for twe to O oratea behind othes lines. Thiz Is due mainiy | four months ahead except on piates “This opinion,” says Mr. Watts, “was | to | April building per, submittea to D. R. Crissinger, the st of any April Notba. present_controller of the currency.|aince 1918 This may be remefied BY | PHILADELPHIA, May 18 (Speclal) Who concurred in this SIEW. | . full |tween the bricklayers and their em. | -Word has reached here from Chi- “It fs. therefore, with the, ‘he |ploye ke ers An e nted |C3FO that the steamship George W. knowledge of the controller of the|ployers. e artisans were granted | Civge ‘hag just completed her six Surrency that the First National Bank |an fncrease of 21 ¢ 1300 Shike justs complated ey slx &- n;{uu preparin to render a br o Rort. The vessel wus bought by el P : hicago steamship lines and was sent Applications for duplicates of the || et.Up in Rainfalls from here loaded with sugamby way * opini f the bank’s attorney in the ere v :flpll:‘l‘:;l :( establishing branch bank- R : K c“ T d g;m. Ld\\frence river and great lakes. ; e was S Ver g ‘are being regarded by bankers| REVIVeS Kansas City Iral ing §he was trosen 1n the lfiht‘.)f-l;{r Iiver I atte declardd that the old- BY DICK SMITH. vessel sailed Voyvage would demon- e antwion ational Banks |special Di strate practicability of a new all- Sime oBIMG A as RN On | i The 8¢ water service from Chicago to At- A e ruling rendered by | KANSAS CITV. May 18.—Whole |jantic ports but the Clyde probably .an_administrative ruling rendered by | yuiorg and retailers in dry §00ds and | Wil be put inte sefeioe borwarn Cnl. (& former controller of the currency” | SHur [Mading lines Feport s steady [ Suil, b, BUL inte < mnd “had no foundation in law.” _ . |improvement in business now that the . Bankers all over the country e e I ont Tactor,| DETROIT, May 18 (Special).—Con- ICE. EHE FULL EARNING ‘HEW HseN POWER OF YOUR MONEY.|| g . Improved Official Ticker to Quick- METAL SHARES ARE WOULD YOU BE INTER- ; : , gy g oo Becord of Trading. | ESTED IN MAKING AN IN- |: BERS N yomie Stay 18—an mimost| VESTMENT IN A SECURI-| i T [ reoord of Spranieat) TY OF A _WELL KNOWN g iz’ expectia o remuit trom improve: | WASHINGTON BANKING On Midvale, Steel Heavily Sold. |Sxthante ‘Siiciia The new serviss| CORPORATION, EARNING il : Tl be sitrted soon, o whionyrange| VERY LARGE PROFITS First : Trust Money a Feature—Linseed {erom ™35 "o 3o uinui2s ("sn i2i%8 | AND MANAGED BY CON. Hedges & Middleton, Inc. market, is expeoted to prevent 80 0il stron’. pPer cent of the complaints now're- SERVATIVE, WELL exacting exorbitant profits. | KNOWN, SUCCESSFUL 1334 H St. N.W. Main 1028 ;eh;o lfllnlt brokers unjustly sus- \ BY STUART P. WEST. - 3 Sustomer Bate I ah order 15 NEW YORK. May 18—Tne out-|Puy or acll ‘st 'a Brokers ofics, be-| FINANCIERS? THIS OP- § that th t rd sale of etk Saaste tn cow ARkl ol ook o‘.,‘u?.'fié‘u:'“;’r.}n inicate | PORTUNITY WILL EXIST a ver! mar- 8 purchase o lling price. . Ket {n stocks, & firm and rather more | matter of fact, in an aciive market, FOR A LIMITED TIME sctive bond market, a fenewed ad-[L0 or these {ransmctions miy MYS|ONLY. WRITE FOR FULL vance in sterling exchan, the time the order was placed snd more relaxed condition in the money |the time recorded, often accounting INFORMATION. market. for a substantial differénce In price. ADDRESS BOX 87-T, STAR Under new arrangqment the four The speculative element which had sending o;grltorl will send directly | OFFICE, been looking for Midvale ‘Steel to|to the master instrument, the mech- """ - o duplicate .|anisms being so_ arranged th: th . MERGE) LINOTYPE CO., T ""k“"“{"’"" of Lacka"| quotations Will be recorded almost S ROORLTR, N X Mty 16, o2z, week ago, were disappoint-|as fase gs they are received. DIVIDEND 108, ed at wpat happened. c kK The rumor that the Midvale Com- e Sompan %a on Jane 30, 1 pany would be taken over by Bethle- COAST LINE INCOME DROPS. :;"g:. pll!:k.ia:ltnhol pr:msg. u::-:ol”n em €el was not absolutely denied, 1ant at the close of ¥iness on June 3, 3 = o but it failed to obll’n‘:vuena !em!-am- m’fw YORK, May 18.—Atlantlo Coast | {rynyfer Gooks will not be closed. y P X oinl comroboeio Line's income for 1921 shows net cor- J08. T MAGKEY. Treasurer._ | | Gétflc{£6fi ed Consequently the shares were very | porate income of $1,790,569 after taxés = heavily sold for a while and this|and charges, equivalent after allow- put a damper upon speculative en- “a Phusiasm for other steel stocis which | INE for preferred dividends to $2.63 = have figured in the discussion of |share on its $67,586.200 outstanding 5 J merger possibilities. common stock. After dividends on Copper Stocks Firm. both classes of stock final deficit was ‘Wall street had, hows other things 45120300 u,o that intereated it quite as much as pos- Manual of 38 pages of 2 . sible combinations among the steel com- % panies It had the plan which is be- educational and informative In Convenient Denominalions eved to be taking shape for bri £ into, closer union ome” o e Sogper LIBERTY BOND PRICES matter on trading procedure producers, 2. It had a fresh advance in prices for FOI:‘ $16 BONDS "TODAY in New York Curb stocks. the copper metal and another new high || 18t 4% . record for the year for silver. 24 4% - If you are interested in the There was also the general encourage- 244 g+ =2 ment ao:glea by the lowest money rates (| 4th :'};‘ % 2 activity of New York Curb vet meen this season. .- 5 Loans for two months' periods were NO DEDUOTIONS MADE. stocks, many of which have recorded at a flat 4 per cent as aga'net Bonds Bought in All Denominations. .dm lm%mj’m‘ gn st ot B Shlibbes | LIBERYY BOND EXCHANGE ||| Sdvenosd 100% sinee S on the stock exchange remained at 3% IR per cent, but transactions on the outside ® = 'dfl h} l Move- were put through at 3%, of a widespread Helpa Bonds. ment, . here was an obvious connecuon || OFFICE ROOMS between these further concessions in Ask for copy the money market and the increased FOR REN'I' o activity in investment bonds It was “Investors & Traders Guide' something of an achievement that 912 Ffreenth Strect Main 6888 await with interest this action of the [, 20 o 0y o Ja in men's and |Struction projects for which building First National Bank of sno.ulgroutl,!(- "g women's wearing apparel is showing | PErmits were taken out during last it goes, and it the controller of the | fr 0t J TR " flse furnishings, | weck carried cost estimates totaling currency has %“‘l'(“ 1o “Rher cities | wall paper, furniture and draperies | ¥1.747.949, which compares with $1.- tated, other DanKs I foo: without | al50 have moved in better. volume, and ; 379517 for the previous week and § il follow suit, an - too; the demand for automobiles and ac-|120.196 for a similar week of last . waiting very long. cessories has been stimulated. year. All Ready for Bankers. The grocery business is feeling the e District Bankers' Association offi- | impetus of a slight advance in prices clals were assured yesterday by the lestimated to amount to about 2 per management of the Homestead, Hot|cont above the levels current in Eprings (Va.) Hotel that everything |March. Coal dealérs and operators would be ready for them on the con- |are urging domestic users of hard wvention date. coal to delay laying in their usual Lower Distribution Cost. "wi"" until rumemeng)nf':hu coal v strike appears nearer. ealers ex- £ m}-“p:;:t?u“a‘eeaki);gmyhef‘o?:e"mé press the opinion that the settiement e “heacclazion of —Credit | Of the strike will see production costs s lowered, with a consequent saving to Men, declared that “less than one- | 'l il o half of the selling price of an article | householders. o ML I X e Kansas Electric Power Com. |BY Special Leased e Star. 1o represented in the cont of Prox of |Pany, which supplies electric current | NEW YORK, May 15.—There were credit to the farmer, but that the |0 several interurban trolley lines, I8|some erratic moves on the curb ex- . lanning the construction of a new : : credit that had been extended was P! N change today. Overnight buyin fiot adaptable to his requirements.” |Plant to cost about $1.500,000 in| . "o 1 ] £ Leavenworth. The implement trade 8 d accumulated and com- ~ Probably Not Long-Time Credits. |5 ypusually active, but ll! confined | mission houses were active in the It has long been claimed that dis-|largely to the smalier implements. |early dealings, but after good ad- tributing costs have been too higl vances had been established, real- B e here e o rines mor the | Unemployment as Problem | iuing saten caused recessions way to reguiate selling prices nor the n cost of labor, and the only thing tha f ficreafter price movements were can be regulated_is “transportation Fades in Puget Sound Area |, cruisa'n,iiics moyements were costs, that is probably where the o strong spots. remedy will be attempted. The re- By PAUL C. HEDRICK. Mexican Seaboard agdin was ina tailer is impregnable, also the laborer |special Dispagch to The 8t tive demand and advanced. and there to a certain extent. SEATTLE, May 18.—The backward [ Was active buyving in Standard Ofl W. C. Hanson was elected president | yoring. which caused some complaint [ of Indiana, that stock crossing 107 of the Credit Men last night: F. W.[anong merchants here. has now | before profit taking developed. Fens- White vice president. R. P. Shealey | gjven place to seasonable weather|land after selling within a fraction secretary and R. C. Daniels treasurer. | with every prospect for an early sum- | of its recent high reacted slightly . B. Adams. F. W. Buckler. A. W.|mer. This has resulted In exception- | Kirby and International Petroleum § Wright, James S. McKee and John W. | a]]y’ active business in department| were helped by short covering. Moore were elected to fill explred stores handling _women's clothing, | Interest was shown in Creole Syn- terms on the directory. hats and shoes. Business done so far dicate, which advanced to a new high Local Securities Stromger. this month has been most gratifying | for the movement. The buying was i . | to merchants a uying for imme- o n anticipation of the be- Practically all of the trading on t0- | 4i, (% ceds has given way to broader | ginning of development work on the . day's session of the local stock ex- | RCE TEFCR AP Property. change was transacted after the close | SP08 oF b e Sieor BaM E ©f the official call of the list. LREE o foE a8 il bt Tuser Oils Are Firm. Marine Oil also was in good demand The feature of the session was & - 't are concerned. There new high made on the 7 per cent gen- | found country are concerned, TRere |, ;uing the publication of a state- { eral mortgage and refunding 7s of the Saent by Ficial i ‘ farms and In orchards and lumber s an official that an offer of | E5°0at bid naa been 304, but 1ater |oampa. “Petty “crimes and strest | 000200 for, lis half interest in tho 1 h Zging, whcl ‘were attr ted to b= e refused. ey Ly S A O e Mo wning | lack of employment last winter, have | Woodley Petroleum was strong on e ound .ssim Bave rendered an | almost disappeared. Bank deposits buying attributed to the announce- e account ot themselves, and |have increased materially since last|Ment that a new well had been e A O e e 12'1ikoe | fall and the investment bond market | Brought in on the company's Burns e e L ihs or more, | {8 recording the largest weekly turn- | tract in the El Dorado fleld, flowing P e *|Bvers in the history of this section. [ 2.000 barrels a day and bringing the T o ara weoren of sood bargains| Falling off in demand for bitumi. |total production up almost to 4,000 Call loan rate, 33 per cent, is consid- | £0 cut production schedules to four High on Some Stocks. e N o New high records for Danlels sred. largest mines, New Castle and Issa- g ashington Gas was aleo high at Quan and ts reduce the mumber|Notors and Dubilier Radio featured ) cellaneous list. Some of those . Traction Bs were strong at W‘l”k‘"l‘”‘" o] :ul’;‘:’"a'o“'l‘é‘r’"; who were most active in advancin Gas 5s, 94; Metropolitan 5s, 97% s hinaat i, S Radlo common had been recent buy e a day, while railroau-owned mines| oot 0p “Dupine " ity Which ‘are unlonized are closed down | *"Inferborough oan es. by strike. Heavy shipments of wool from | §eies tonched & new high in the early northwest are being sent to Atlantic ited Profit Sharing was again seaboard by way of Panama Canal|in good demand and went into new high ground, and Tobaoco Products Commodity Reports Exports was firm and active. ; of 4 s Todd Shipyards, Radio common and + 3 ury certificate issue. If there was any From Various Sections |Cuban Dominican Sugar were easier ¢ foance of having to pay that rate it during the greaten part of the se ould seem as if Mr. Mellon would Automobiles. sion. + have taken every dollar of the sub- BT. PAUL, May 18 (Special).—S Lurant Motors was firm. . There was' Beriptions to the last issue at 3% per < Y pecial). —Stim- | more activity In the mining depart- tent. ulated by record highway improv ment, with the low-priced issues the e s favorites. Independence Lead reach- ment in this section, auto dealers in od a new high rd on buying fol- * RETAIL SALES BIG FACTOR. | Sy'z, Gitles are experiencing great- | iowing adaitional favorable reports Sirance company redords and licens-| om the property. Boston and Mon- Business Improved and Stabilized :::n ’:v":r"%'l to‘:‘:" gaore. diew cars Bond:d weneaacuv ll;aor:or’q;igh new 6s Ml to & new high. '‘rée- During Last Four Months. port Texas 79 were erratic, moving NEW YORK, May 18.—Retail bu Coal over a range of 5 points or more. Jess throug FARRELL, Pa., May 18 (Special).— —_— and stabilized Increass in coal production from amonths, lccordln; Ay Kentucky and West Virginia mines ionthly review of retail trade. N has assured Carnegie Steel of ade- ble among contributive factors to-|quate supply for Farrell d Mingo been o — X “ward improvement were price reduc-|junction plants, which h: tions which, it is declared, d to|dered into operation again. The maintain national volume of re-|plants include blast furnhaces, opén «duction of unemployment attendin :lum furnaces and rolling mills. ncrease of industrial aotivity an —_— rked -incréase in sal initiative. Fruit. . _Business fallures, it is stated, wers| gpimirr aay 18 = Tower in April thin In any ons'of the! wathington - valleys, - logsnberry, | B7 Speeial Laseet Wite 1o The Star. “',‘{’J{]‘m&‘m T March last was 143 | DIACKDErEy and raspberry vines are EW YORK, May 18.—Another re- et e o o et T anata|in such condition as to indicate ction in money rates helped the bond B ST, ssosnting t n:- M e. |Déavy crop this year. Canners will | market today. : A L e oo, to fgures T~ |limit pack, however, to meet slow| This influsnce was felt not only.in the e i e diag | Market, depending on cold storage |industrial section, where the copper is- 3 offset this, b Py shipments east to absord rplus | Sues remained the feature, but in both Sanme fruit. the railway and_foreign . government Jast March were lower than those of B groups as .. Prices generally wers -same month I--LI‘ yur‘ b{l from 10 :: Lumber. firm with about the same number of new- Snoriey sales volume fel} on Snalle| FORT WORTH. May 18 (Spectal)— | BIER recoras. Coincldent with the furth- ¢ Zores, In aotusl ssles volume of mer- | In hope of stimulating trade, retail sthe rcf Vit andise larg — n 'eXAS Aar losterin -4 and encouraging building and ioan @nm'h";“&mw: o ot eraged 34.9 D associations. ~This effort is bearing|iwenty-five-year 7 per cent gold bond ‘current year above same month In|fruit, :l is shown by reports of i) -doffering was another indidation of the ae21. creassd bullding, especially of dwell- ».or“u wer of the investment com- . During April, it i# reported, manu- | ings. 2 ‘munity. e8® ‘wete offered at Zacturers were more numern\lll‘y 004 — 983 and interest to yield approximatsly e TR e S T T oAt} e Pployment was in ng. A natio: CHICAGO, May 18 ' “The seasoned Wirginia-Carolina Questionnairo of manufacturers, of | CothoR GO My 18 (Spectal)-—=Warm | TO8 | SIOTCEMG, (UaiRe the-6s nnd O hich the returns were compiled as T howed majority of the m:‘ln ::‘l‘l.-;d for textilé lines of | the debenture 73%s, kept strong and & a5 ic industries reporting theéir con- | ies tarritory. B“:;D&l.!llnt middle | active. o s ecially | , Under the terms of the new {ssue, P iarad axceitonty " Ano%"|Beavy from rural districts. | which ia to be ascompenied by a 31 In the textile fleld, according to this 500,000 convertible loan, the $35,000, guestionnals only 30 per cent re- ‘eol, 'ono vailable’ will be used mostly t rmu ‘business as poor, while SCO, May 18 (Spe- ?b‘l‘ ‘%;:n!uu $26,401,000 funded J A o R A g i AT 1= ""rhis accounts. for the recent sharp g:-n:"p.lr ecntl.‘ng.:nph : .t‘n'. " mr l=' d!l '.’:'":'.i! upturn in the company’s bonds on the Same number. istactory prices, 3 . stock exchange. _— —_— e ' migh om Chile Coppers. ‘Woelens. Both the § and 7 per cent issues of May 1 (hlclfl — oting trust certifi- It was stated in Wall street gossip foday that some loans were made as ‘Jow as 3% per cent on Wall street to- ¥ There 18 some talk among bankers a 4 per cent rate on the next Treas- . 300 MAXWELL CARS A DAY. HNEW YoRE. s the ct:;l:. Coprer ’%ngu:y JTeached - RE, 18. uno 'Ive_to sell W nts were uj P ie ke by Maswell Motor Car | manStactarers 18 Havins . Soiiaq | more than 3 polnts Trom Wedn ‘s sufficient foroe had besn put to | effect, and this is reflected in cop) rk in its factory to lmmmmnumn =Pt gomplate oapedity of Mee{ worsied 10 UL - M tan 4% ocertificates, ¢ ‘:"“: e Ry At Kitve Steck. *° lwhich aavanded on very active trad- T WORTH, May 18 ing to their highest for the year. They e, Ritve bern 15 RoT4 BAL | yene moe than 3 points higher on Birmeite i Drlasamy 85| ol oroueh Ragte ranac rcund. ar s tell del s frass in Texas 1Also they are pro-| “rnjrg Avanus adfusiuients and Had: esting vigorously on fr t rates| on and in adjustments also in effect on livestock. * | decline speculative. - Atlantic S & Tcompany like Virginia-Carolina || International Building Chemical, which in 1920-1921 had a FORMERLY INTERSTATE BLDG. ¢ nearly $8,000,000 and is al tounted upon to show quite a denct: || 1319-1321 F St. N.W. Call—Phone or Write for 1921-22, could bring out a $22.- A Few Very Desirable 500,000 bond issue this morning and ) § have it immediately oversubscribed. Offices Left ONES &BAm The metal stocks—coppers, smelt- lembers New York Curb Markez -~ ing faeuca and 7ine sharea—took the | Reasonable Rents place of the steels in popul nter- cK & G McKeever 0ss vas evi that thi o val It was evident tha s group was ental Agents making_tardy response to the signs R s which have so often been pointed 1415 Eye St. Main 4752 out during the last few weeks, that unsold supplies had gone down where, even with the partial resumption of mining, consumers could no longer c"lu sEvacE sEcuRm.B G e e Sl Dol Juck an " nasiral”” alcopl 'and || THOS. W. BRAHANY & CO. trade conditions furnished the in- Direct Private Wires New York Chicage Boston Philadeiphin Pitusburgh Detroit Baltimore Cleveland BALTIMORE OFFICE 433 Equitable Building MORTGAGES mfly_ market value of the pro Absolute Safety. Reliable Security. Insurance Against Loss. Protection Against Depreciation. David F. McConnaughey Westory Building Unlimited Funds for First Trust Loanms. Cntive S e Slll-ll' Evans I?)uilding i e e e Prompt Payment of Interest. Sy In line with the statement that Main 6189 - Repayments of Principal in at Maturity. Choice First Mortgage Investments $100—$250—$500—$1,000 . | WILLIAM S. PHILLIPS Write for It 1409 N. Y. Ave. NW. Main 4600 Studebaker earnings for the second auarter will be $10 a share, bringing earnings for the half year up to 316, M l‘oan o o Bk, e Pelenchat oney to has already earned the full | Becured by firat deed of trust on real estate. ear's dividend charges on its pre- Pn'l;tllllntwlntlvivfl o comminsion. ferred issues and will earn better | Joseph I. than $1 a share in the first six months JH, Pl 1. WVeller g, and probably $2 a share for the com- | mon for the yvear. The corporation expeets to be free of debt by the 1st of July. American Linseed, Let us manage your Rental Prop- erty. Over a Quar- ter of a Century The Star has censored the ad- vertising on this page for the protection of its readers. How- over, if thers should be any cause for complaint we will make 4 American Linsced stocks were /] & full and impartial investiga- Experience. bought on the theory that they were |} tion. behind the market and had not The Star strongly recommends measured the improvement in . the that you consult aam oficer of company's business- Linseed is part- | B. F‘ SAUL Co. ly a producer of linseed oil and partly AoINL B0k Sxthnans Ao | 1412 Eye St. N.W. Washington's Oldest National Ba a maker of butter. : It is. therefore, a building materlal Main 2100 TANDING at The Met- WILL BUY - |0 Bu#) ropolitan affords you { i EQUITABLE Co-Operative Building Association Organized 1879 The expansion in construction operations has brought a sharp ad- vance in Linseed oll, which goas into the manufacture of®paint. Washington Stock Exchange company and at the same time a food International Finance access to every wanted products company. But just now it is mainly concerned with the building \ > banking convenience, plus the pres- Corpol'ahon Stuk tige of drawing your checks on The S. A. SCHOOLFIELD material end. OLDEST National Bank in the | ! | LES. 424 YEAR CO’PLETED Room 310 Continental Trust Building 2 - . Metropolitan B. B 5e>$1,000 at 873, funets . :4.::2.«:‘0 Phone Main 8123 District of Columbia. urplus .. - 81,1 ,4684.69 v Washington Gue o1 WA at o4, ; % “To the” fThese are advantages open to all—small Potomaktan Sar LEN-20 LSS, soo||| SYstematic Savings Lead “Co tive I rs” depositors as welt as those whose banking o o and rer. ¥ % nservative Investo: i liate wi ™ capiial Tra to Great Accomplishments e aiy aad o B investin business demands that they affiliate with mot a client has ever lost as much as % " L a big bank. [ ction .000_ at 98Y;. Washingion Kailway and Electric: pta 2 single penny In either principal i 7 s = . 3%, Paid on Savings Actounts. _ Adopt the srstematic savings plan Potomac Electric g. m. and ref. of the Equitable. You will find it the Sufesway to Obtaln the greatest ue- S0ch 1a the protection. service and Organized in 1814. Bas per cent. eaiiac attention given our investors in [ vogiigitoe | sdimesiStock ff po oo, v [ National Metropolitan Bank Being Recetved ARRE whe L Shares, $2.50 Per Month . conv. 14! stz St meia L By o || EQUITABLE BUILDING || ™™™ Farodens - ™ *° . “Telaphon ! X LR ERSO R g SISFSLAW. R e ahen % -1J] JonuN Joy EDSON. Prestdent Chas. D. Sager Metropolitan # FRANK P. REESIDE, Secy. #28 Fifteenth St N.W. Potomac Electrie 1st 5sy. Loen Dept.—Main 36. Potomae, Electric coas. Potomac’ Electric ded. 6s. Palonln;t Elec. P The only abeolutely safe form of se- curities ylelding the maximum rate of interest. Capital, Surplus & Undivided Profits Over $1,500,000.0¢ 15th St., Opposite U. S. Treasury—108 Years Old Second Trust Notes : Are Purchased by o STOCKS, | The National Mortgage and U R | Investment Corporation G On A Fair Basis (Temporary Offices) g Third Floor Sansbury Building '1418 Eye Street, N.W. Ask Your Banker—5 SOME of the stock-jobbing concerns that make a regular business of ex- ploiting Washingtonians, have adopted a shrewd scheme for evad- ing the penalties that Uncle Sam ap- plies to those who use the mails for fraud. They do not use the mails for “their sales literature but rely upon the telephone. One such cors cern has been known to spend $1,000 " TRUST Of "ANTY. American Becurity aad 288 Continental Trust . National lfll&‘ 0% lv’v‘u‘:h-hgun Loan and Trust.<.. 27¢ s BAVINGS BANK. Bavings. i First Trusts 'On Washington, D. C., Real Estate An Investment —that frees you from worry as to safety, annoyance 48 to collections or other details, and the necessity of | follow-up of stock market or business conditions. — Bank in this s & thme of ususlly ow 8. . an im-{