Evening Star Newspaper, June 15, 1922, Page 31

D. ©, THURSDAY, JUNE 15, 1922, FINANCIAL.™ r 31 | FINANCIAL.' . == THE EVENING STAR, STAR, WASHINGTON, UNSKILLED LABOR SHORTAGE; [parsisys v toree oemer d.}.}fi.;;fiib‘:,‘i:f‘“fi:.f.gg.fi | [ Fifty-three Years Without Loss to an Invesior. The Star has eehsored the ad- vertising om this page for the rodection of its readers. Iow- BETTER WAGES ARE DEMANDED |, Siics s ey e You who are watching the ing. Country hfdes are held at al- widespread advance in most prohibitive prices, ranging up New York Curb stocks : and wish to take advan- ugeof present conditions Tosz. “hees it ...u.c'?"u 10, = The Star strongly rocommends that yon comsult an ofiicer of some bank or some member of the loeal stock exehange befors making sny investmient st any Canvass in Cleveland Fails to Find Forty Men for Steady Work at 40 Cents an HOUY—EISCW]]CI‘C. Help Yourself! If you have accumulated a few hundred or a few thou- time. Don't take clnn:el when ine vesting your savings. to 15 eents. should read new Let us manage 38 page your Rental Prop- We Offer for Investment Buy First KWELL. ket shortly after the 1st of th il estors & Traders Guide” erty. Overa Quaw sand dollars you should “help WL oty eviony |5 SR 25 | Mortgage Notes ||| ™" S om0 R enl e Tov e o s CLEVELAND, June 15—B. C. Seiple Gives everything you Experience. Of responsible makers secured by 1st lien investment possible for the on improved property. TO YIELD o AND 7 wPROMPT PAYMENT OF INTEREST GUARANTEED. Bank of Bethesda, Md. O the state city employment bureau Frait. —and get the added protection attémptea today to eecure forty men | MINNEAPOLIS, June 15 (Speclal).{f of our past record of not ever —Recent rains and warm weather for steddy work at 40 cents an hour. | 15 e Tod"® eXceptional . yield of havm% a client lose as much asl “I ‘Gould not get even a sign of in-|berries and small fruit throughéut |.2 Single penny in either principa terest in these jobs from 200 job- Minnesota, according to smlo agri- (§ or interest. results of your thrift. Our First Mortgage Notes on improved property are a logical security for small and large investors. eed fc ect der- o P || B. F. SAUL CO. o 1412 Eye St. N.W. Main 2100 | Beckers.” Mr. Seiple said, In telling | CG AL OMcinE of the offer. “Business has recovered | _The peac . to such an extent In Cleveland that | ceed early es is very fine and many new orchards || is part of our service. - The attending to details, such as insurance, taxes and re- SCO, June 15 (?Pecl.\l) crop will probably ex- imates. Quality of h.uul mitting interest on the day due, The Notes we offer are a part of & JONES & BAKER the unempioyment from whic ‘ city =]ufh"n|l du(mgdlh- rmm t{will come Into bearing this vear. | nol,:,?:,?h;,',zwofo" Hand 'in-de- M New York Gurb Exchange on i ::eelfi;a mortgage on carefully select- Tobacco. 1 e ec i real estate, and are purchasabl PHILADELPHIA, June 1 1 eias B | PRpp o tn —The cigar thade Nas been simaiated || $250.00 up to $5,000.00 e B Canelin: €s denominations of frem $100 to by liberal advertising, particularly of | Are Purchased b : 1 i nationally known brands, for which. TIMORE OFFICE re Furchase y i $100,000. The interest is paid semi- local manufacturers report improved | BAL . I VI men on ety eman. there s aico & good mauiry (| -+ C D. SAGER 43> Equitable Building The National M ortgage afld annually and is received by the holder p ook considera :~ for cigar boxes. ! Telephone - Plara 848 of the note on the day it i Temit st e sedaction tn r'\r\l fuu;.‘)\': P | 923 Fifteenth Street NW, 5 ] y it is due. rates of 10 n_from el NEW ORL J 15 (Special Loan Departm M-36 I T TIIRNRLH l C e, 96 omie U €0 Bty S Jun 1 spctay | Loan Department, nvestment Corporation Wrie or Cal for Detited takes about tw N ok tumiake of $400.000, has beer Information a ton of pig -duction means a very apprec ving on On A Fair Basis [] CHICAGO June 15 (Special) — | Ofien at 8: 0714 M. Every Bankmg Day gieasl Columbia National Bank Il Third Floor Sansbury Building | 727 15 Street 3 he market for firet tinme in i Woolens. & 500000 911 F Street Sasnamnso - What You Save Now @ —WHILE YOU'RE IN THE EARNING CLASS, will prove a great solace when that inevi- 1 , table day comes that will find a Travelers you incapacitated, by age or in- Special Checks firmity, for productive effort. D | 5 Time overtakes all of us— ept. o capitalize your brain or brawn for . Letters NOW by bankix;;gvigkr;uchas y . can be spared Y 5 i of Credit Ty Wel go into the cam- Eadies paign with you, paying you interest for the privilege of 1418 Eye Street, N.W. tribute der has been 2 | f Army Husllmg to Harvest Fast-Ripening Wheat Crop ‘ BY DICK SM Special Dispateh to The Star New Issue $25,000,000 KINGDOM OF THE SERBS, CROATS & SLOVENES (YUGO-SLAVIA) Forty-Year 8% Secured External Gold Bonds ondition are offering | & pound for best | Shirte. 1A, June L5 (Special). [ ¢ guarding your cash. o R fSMALL CHECKING ACCOUNTS INVITED Dated May 1, 1922 Due May 1, 1962 Interest payable May 1 and November 1. Coupon Bonds in denominations of $1,000, $500 and $100. Money to m (7 Compound Interest Rnld on Savings. Y S A t at et ot ‘.::::,;:'.‘.::'io.;",::.',‘ = 3% {his convemient Bank with as Httle as 1 NON-CALLABLE FOR 15 YEARS Joseph L. Wcller EALT Redecmable aa a whole on and after May 1, 1937, at 110 and accrued interest, less 15 for each twelve months elapsed thereafter L to 101 on May 1, 1955, and thereafter at 160 and accrued interest. § Cunudstive Sinking Fund to retire entire issue by maturity eommencing May 1, 1932, to be applied to purchase of bonds up to par and accrued interest until 1942 and thereafter to retirs bonds Gain in Basic Productions ] \ MEMBERS: | S Sopaurits e Bareh i & O e h s o b e e D B Cleans Up the Unemployed | | NewYorkStockExchange TI.i,I Ero::';;om l:-l‘::.o:ht:’e me:l'.m CENTRAL UNION TRUST COMPANY OF NEW YORK, REGISTRAR B s hEDaiC | 11l Broadway.NewYork %@fikfi!l 1. Absohite! Safety. SECURITY: The bonds will be a direct obligation of the Kingdom which grants as special *special Disy i elp 2. Reliable Security. security for the service of the authorized loan: You (1) a first charge upon all of the net receipts of the State Monopolies (tobacco, cigarette papers, kerosene, salt, stamp duties and matches) and Customs of the Kingdom, subject, ntothencelpmmngassccmtyforflledebtoftheprewn Kingdoms of Serbia and Montenegm to the service of such debt. The Autonomous Administration of Monopolies is to pay in monthly instalments, the sums necessary for the annual interest and amortiza- 3. Liberal Income. 4. Insurance Against Loss. 5. Protection Against Depreciation. 6. Prompt Payment of ln(emt. 7. Repayments of Principal in Full - i Washington Office | COLORADO BUILDING § i at Maturity. tion of the Bonds, directly to the fiscal agents of the loan in New York; and - 2 N | Choice First Mortgage Investments (2) a first charge upon the total groes receipts of nl] the State railroads of the Kingdom l'clephone Main 1603 | $100. -$250—$500—$1,000 in existence, which the Government declares are free from any mortgage, encum- brance or charge whatsoever, as well as of the railroad from Belgrade to the Adriatic Sea G.B.Chipman and its terminal port, to be constructed. Manager Call, Phone or WILLIAMREI:"P"ILLIPS 'fl:e rc:-:uen from the above security are: " Write for It 1409 N. Y. Ave. NW. Main 4600 1;312;’ Dl;a.l“ t;ionz‘zn Gross Receipts of Government Railroads . .~ 348,000,000 769,000,000 800,000,000 *Net Revenues of Board of Administration of Monopolies, after paying prior charges from oldSerbia . . . . . 372,000,000 718,000,000 1,569,000,000 Totals 720,000,000 1,487,000,000 2,369,000,000 uivalent at average rate of exchange or each year to $18,000,000 $26,000,000 $33,885,000 ‘Thaeyflwehqumto4smm!mchhmuwmeqnmmmu,lwm-tmmd exchange. There is also a charge of mmxtdytu.nomunflyreprmmmmnfuzm debt of Montenegro above mentioned. {Figures for 1922 are estimated. The above revenue for 1921 covers approximately 13 times the annual interest on the present issue. Interest and Sinking Fund Payments on the Pre-War External Debts of Serbia have been fully and punctually paid during and since the War. PURPOSE: Proceeds of $10,000,000 are for railroad rehabilitation and Government buildings, of $5,000,000 for general needs of Kingdom, and of $10,000,000 for railroad and port con- struction. REVENUE AND EXPENDITURE: For 1921, revenue was returned at 4,236,900,000 drs., expenditure at 4,852,400,000 drs., showing a deficit of only 615,500,000 drs. or $8,793,000 at present rate of exchange. The "estimated budget for 1922 balances at G,ZE'I,SN,ON drs. FOREIGN TRADE: Value of exports has consistently increased from 686,845,040 dinars in 1919, to 2,460,737,000 dinars in 1921, a growth of over 250%. Value of imports in the same period remained practically stationary, averaging approx- imately 3,200,000,000 dinars. GENERAL: The State is a constitutional Monarchy governed by a National Assernbly and a King acting through Ministers. Deputies are elected directly by the citizens. Under the existing democratic regime an exceptionally large proportion of the population owns real estate and property, destitution being virtually unknown. The estimated population exceeds 13,000,000. The area is over 100,000 square miles. The country is primarily agricultural, the Kingdom being the largest producer of corn in Europe. The State owns over 7,500,000 acres out of 18,500,000 acres of timber lands in the Kingdom. At present rates of exchange, State-owned property is valued at over $800,000,000 and taxable property at over $2,200,000,000. Le for the Commodity Reports From Various Sections | 1, Jower priced One For All and All For One ACH branch of the American Security is a part of the largest banking unit in the District of Columbia. NEW YORK Many coal ierred July 1, 16 cen't mand is exp into the mar-| CITIES SERVICE SECURITIES Bought, Sold, Quoted THOS W. BRAHANY & CO. © Investment Securities s« 510-11 Evans Building > Washington, D. C. Main 6159 It enjoys the satety and strength of the parent bank and renders its services with the same spirit of friendly helpfulness. The branches at 7th.and Mass. Ave. . 8th and H Sts. N.E. © 436 7¢h St. SW. —were establighied for the convenience of the people in three of \’\'aslfingtfm's niost progressive districts. The purpose was to take the bank to the people in their own neighborhoods instead of asking the people to come down-town to the bank. MILL )-IR 'ru.\l\ CONTROL STOCK | na a 1 I Boatmen’s L =4iBERTY BOND PRICES .12 -.Fgr $100 Bonds Toduy. Each bank is just as safe, just as strong, just as much at your service as the Main office at 15th and Pennsy Ivanm A\e y Vietory 4% NO DEDUCTIONS MADE. Bonds Bought in All Denominations. LIBERTY BOND EXCHANGE | 604 14th St. N.W. Heurs, ® a.m. to 5 p.m. Main 2997, EQUITABLE Co-Operative Building' ** “* ‘Association Organizea 1879 +.428 YEAR COMPLETED Our hranche\ and main office are all for one and one for all—all for your service. - /pphuflenln.obemnaemlmtthmd:mtbeNewYuk!teekEzhme Al offerings of the Bonds are made “when, as and if issued and received by us,” and subject to final authorization of the Parliameént and approval of counsel. Lvery Baukmg Service (6 OMMLRCI al. - 3% ON SAVINGS Price 95'% and interest, to yield about 8.40% Pending the preparation and delivery of permanent Bonds, delivery may be made in the form of interim receipts of temperary Bonds. e <o BLAIR & CO., Inc. E. H. ROLLINS & SONS CASSATT & CO. " J. & W. SELIGMAN & CO. KISSEL, KINNICUTT & CO. REDMOND & CO. . - BONBRIGHT & COMPANY, Inc. . WEST & CO. THE UNION TRUST COMPANY, CLEVELAND TRUST “Learn to Save Systemahcally »I’e can point to thousands who have ddopted the systematic savings pian of me Equitable, with wonderful re- 15th and Penna. Ave. HOME SAVINGS BRAI\-CHES CAPITAL AND SURP‘LLS Subseriptions for the 83d Issue of Stock Being Recelved s 7th and Mai& Ave.. $ i $5,400,000.00 Agreement Misister of Pionce of e Kington. vfln"'y‘ $2.50 Per Month 8th-and H Sts. N.E. Safety Dep%(s)?t Boxes mi":&““d“ 5 i EQUITABLE BUILDING 436 7th St. SW., ., . . at Low. Yearly Rentals 915 F St. N.W. JOHN . JOY EDSON, President FRANK P. REESIDE, Secy.