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TR EINANCIAL., 'N. Y. Curb Market NEW YORK STOCK EXCHANGE (Quotations furnished by the Associated Press) Received by Private Wire Direct to The Star Office Open. High. Tew. Gflt-\ UNITED STATES WAR BONDS. % INDUSTRIALS. points at one time, while the banker's shares were off a good fraction. Profit taking wi in evidence in Maracaibo. Island Oll. .. Jewel Tea pf 68% 66% 66 66 New England fuel was an excep- Jones Tea.. 6 6% 6% |eion, Eetting up & point In the eariy ing. New Yorl opened up & Kansas&GuitCo.. ¢ s« eu|lRENE O, K, ol o ored "this FOREIGN EXCHANGE. Kayser (Julius).. 47% % 4% 4| D005 000 e el bW B i0oe 000 Kelly-Spring Tire.. #4% 4% 48% 8% | This company is one that has not| “going checks—dollar values at moon today: Kelly-Spring 8% pf. %l 98l 8% 984 peen affected by recent price cuts In 45 Budapest ... .0004% - % 85% | crude oil and is one of the largest Prague . 0249 producers and distributors of gas in s Wyoming. The company has a con- e tract to furnish Midwest Refining Lom s With 15,000,000 cubic feet of #ad per | Madris : day and has recently completed & .oul?l new well, flowing 200 barrels of oil oL e ot daily in the soutn Casper Creek fleld. y 1 G TR Its property consists of 4,400 acres, p g i “"\ug. 13 Sept. 1 with r?nl}? ssuwell drilled, and there-| PARIS BOURSE INACTIVE. Sisidand On ot i Aus. 19 Bept. 18 Tobs haa s large Tescrve valve Mu-l oiniaiucuse s Traging was ine e o L tual, Simms and Carib Syndicate were [ FARIS, ROEL 700 “hnree per Baltimor B0 Aug. 15 Aug. 30 quiet. - Other ofl shares showed only | S0 \"% 7 ;00 "Eg francs 85 centimes. e ph BB e ug. 12 A small fractional changes. N Thange on London, 54 francs 36 otio Elsenlont & Bros, g & og. 22 A i ot . ! - ! dor. 16| ManbatBlecSup.. B M 8 M| In the industrial section Inter.| Five per cent loan, 76 trancs Sept. 1 | Manhattan Elev. .. ntinental Rubber was lower. & Fy S : Yo Morris ruled around Wednesday's | The dotiar was quoted at 12 france S Aug. 15 Sept. 1 final price and New York Telephone |26% centimes. o g1 I o fept, 13 Oct, 1 was fairly active at 107, Radio is- Easele g, W 2 ¥ sues held well and Gillette oty 15 Oct. 1 Razor was strong and higher. Acme MESH BAG SALES FAIR. 5 a Coal continued in supply and was| mesh bag manufacturers who are 15 oct. 2 somewhat lower. vigorously pushing sales are doing & i e Stutz Motor sold between 18 and 19 [good business, according to & fore: b ug. Seaboard most of the time, an ayes eel t manufacturer. e Moz e, e e B aaidovnifinctionslly: Montent to sit back and wait for busl- b | M Copper.cx T o Mining shares were fairly active,|;qgs to come to them are recelving & 10 Aug. 20 ] but without particular feature. Bos- | atsappointing volume of orders, he d fon and Montana continued the fea- |9iye " Salesmen on the road have ture of this department, but price turned in an encouraging amouft of changes were unimportant. ar, the bulk of the busi- Orders R o contored on silver mesh Sept. 1 L 10 Sept. 1 rs are known to be bags Retal LINE PRICE. ts and, although CUT IN GASO! carrylng small & o|ck:. ”ak . NEW YORK, August 3.—Standard 0il Company of New Jersey today an- nounced & reduction of 3 cents & gal- lon in the price of gasoline. CHEAP LINENS MOVING. Linen importers are doing & rather brisk business at this time. Buying is largely confined to nll"d they are pul ir policy apparentiy is to s e wt'nelr Teserves com- ‘There have been ! TREASURY CERTIFIOATES. fQuotations furnished facturers have been compelled ':L“;.x- in order to place Whelr more even plans with im- n ed merchandise. The trade 18 jeripti x‘hflfllnt that business this fall will ptions | 0N, ¢ tter than that of last year. TO SHOW SKIRT MAKING. Among the educational features ot the retafl clothiers' convention and exposition in Ngi§ York from Septem- ber 11 to 18 be the showing of September 15, 1922., Bigs Beptember 15, 1922. October P 593 N Y N H & Hartforc 31% 31 Norfolk & Western. 118 118 North American... 70% North American p! 4% Northern Pacific... 71% Ohio Body & Bl... Oklahoma Prod allers are buying quite heavily of crashes and other house hold goods that are being put on ti market by importers at comparatively HT CCO low prices, re is still a steady ! TOBA SALES. call for dress linens, but ramie goods various processes enmtering into s are lagging and sellers are offering | making of & man's shirt. lhn{a.tun TIFTON, Ga. August 3.—More than . 100,000 pounds of bright tobacco, planning to have these at cut prices in order to make skl r $ iy are moving ir- ‘There is & small di lece y S S L O see all ope trom given pat- [erars vorx BONDS o st Recelved by Private Wire Direct to The Star Ofice, |and hedge selling, nlns, Low. :s.’m- Open. High. Low. Close. CRMWN Acme Coal Adams Express. 66ls 684 66% nfi%l?mnlylvnll‘, ws a %% High. Low. Close. 2000 Acme Packing . Adv Runsley 18 18 18 | Penn Seabd Steel T TH T 7% | Liberty 8%e, 1962.47.... 10108 10100 10100 Aliled P AjJax Rubber. % 24 MU% 3% 34l | Liderty 1st-3 4ie. 101 30 10130 H Atiantic. Frait Co.- Allicd Chemieal. ... 7% W% Tk = % 10062 10052 1082 il Rudds Buds Allled Chemlical pf. 108 108 108 108 | Phillips Pete. 3% W% 43 4V |Liderty lst43(s 108247. 10144 10134 10144 l Cotorado Pow Allis Chalmers. 53 B3l 58 53| Pierce-Arrow. . 9% 10 9% 10o|Liberty 2d 43 102742... 10064 10052 10056 500 Com Solvents Am Can 5% 60 B 59 | Plerce-Arrow p! 23 204 8% |Liberty 8043 1938...... 10066 10086 10062 ;m 1»'-’,':': Cond & Ra 11 I 1% 170% | Plerce Oil. % T% 15 | Liberty 4th 43s 1983-38. 10150 1013C 10134 t Motors 5% 5% S% 5| Piggly-Wigy ©% 424 2% | Victory 4%s (called).... 10062 10048 100 60 e St Rasor s W N2 2 Plits & W Ve 40 39% 40 |Victory4%s1923....... 10092 10086 100%0 3 2 & m Ice .. 93 9% . Flctaces. Am Intermationsi .. 4 1% 9% 4 | Possum Gareal. Sy 3 nu| FOREIGN GOVERNMENT, STATE AmLaFrance..... 13 13 1% I12%| Postum Cer pt 108% 108 108% AND MUNICIPAL. Cisee. AmLaFrancepfd 9% 100 9% 9% | Producers & Ref... 36% &% 3% 314 - Lo oo Am Linseed. ... 84 54 8 84 |PublicServofNJ.. 90 90 g% % |Armentine7s.... o 1w 100 Hud) & Matkaseas Am Locomotive. 18 118% | Pullman Co 120% 121 1204 121 | Belsium 6s e 1o 100 Libby M Am Metals. ... 45% 45 45 | Punta Alegre . Bl B2 B0W 05 106 o Am Radlator. 08 103 2% 9% 2% ! ® Am Safety Raz: CC 0% 9% 9% Am Ship & Com. v 18 Am Smelting. ... 60% 60% 60l |Rand Mines...... 30 %0 % Am Smelting pf. 9 98 8 |RayConCopper... 16% 16% 164 | Am Steel Fdy. 3% 7% 38 |Reading..... W K T 100 Tenn EL Pow....... Am Sugar. 81% 814 81% | Remington Typr... 36 8 38 36 160 Timken Det Axie. Am Sumatra 4% 3 40%|Remington2dpf.. 69 69 59 69 [Canadabiis 192 100 Tob Prod E Am Sumatra pf 65 65 65 |Replogle Steel. 3% 32 32 |Canadabs1952. . el Am Tel & Cable. Rep Iron & Steel. 71 10% 170% | Chile 851926 vl . ReplIron & Stipf... %% %% %% 9% [Chiless1946 \ STANDARD OILS. Rep Motor Truck 6 6 4% % | Chlle 83 1941 o Anglo. Kraer O 187 Reynolds Springs. 27 27% %1 2% | Chinese Govt Ry 0i1, Can. 100 00 Revnolds (B). 41 % |Copenhagen 6% . P T 1ntn 1a 108w | AM W Wks 6% pt. Reynolds pf. 116 16 |Czechoslovakia 8 %% on Station 4%s. aod o of Tna 108% 101% 108 |Am Woolen....... 91 91 90% 90% | Royal Dutch. 5 CRI&Pretds.... Ry Am Writing Prpf.. 30 80 % % Cleveland Term 5%s w INDEPENDENT OILS. Am Zinc & Lead 17% 1% 17% 17 (StL&SanFran... 20% 20% 29% Dutch East Ind 65’47 Colo Southern ret 434s. 3 2 Amasonds 3% st 63% 3% |StL&SanFrpf.. 504 624 524 DutchETsf6s'62. Cuba R R 1st 5s. . \.m S Ann Arbor pf . 4 4 4 |StLoulsSouthwn.. 30 81% 30 8% | French Govt 8s. Cuba R R 1st ret 7 e Asso Dry Goods... 66% b65% 6ot 554 | StLouisSownpf... 49 50% 49 5 |FrenchGovt7s Del & Hud 18t ref 4s. Associated Oil 100% 109% 109% 109% | Santa Cecilia Sugar 3% 3% 3% 3% |Japanese 4s. Del & Hud cv 5: Atchison. .........10% 101% 101 101 |Saxon Motors W% e 3 Del & Hud 5%s 5 Atchison pf. 91% 91% 91% | Seaboard Air Li W T Den & Rio G con 48, Atlantic Coast Line 109% 109% 109% 100% |Seaboard AL pf... 12% 126 12% Den & Rio G 1st ref 6. .. Atianta Bir & Atl.. 3% 8% 8% % |Sears Roebuck..... 80l 81 80% Den & Rio G imp bs. Atlantic Fruit Co.. % 2% 2% 2% |Shell Trad & Tram: 3% 36% 3" Des Molnes & Ft D 4 AtlanticGulf...... 2 8% 32 8 |SinclairOfl........ 0% % 304 Mexico bs. Austin Nichols..... 27 21 @1 2 | Skelly Oil 9% 9% 9% 9% | Mexico 5s large. SoPortoSugar... 53 6 8 8 [Netherlands 6 Baldwin Loco...... 120% 120% 119% 12 |Southern Pacific... 91% 91 91% S1% | Norway 8s Balto&Ohfo...... 68 68% 67 67%|Southern Railway. 25% 25% 25% 25% | Porto Alegre 8 o Baruesdall (A).... 28% 32 84 32 |Spicer Mfg Co. ) Prague 73s ct ; \ 1 1, {Barnesdall (B).... 204 8% 2:% 254 | Stand Ol of Cailt Queensland o Mersembo 0l 'S 200 Wi VN | Beechnut Packing.. 82 &2 82 82 [StandOilofNJ. a § % | Grand Trunk s f deb 6s. . Vo Meriaian 00 .o.; 04 04' oa |BethSteel B)o.. T lu"‘a 1;:1: 1}:’:: Sterling Prod. Rio de Janeiro 8 . 9% 8% 9% |Great Northern gen 7s. oL Nta 8% | Beth Steel 8% pf... 114 2 ' | Studebaker. . Rlio de Janeiro 8s rets. . % 1 Great Northern gen 5%s. n Eagle ON 2 12 | Booth Fisheries. ¥y Sly 84 B4 |Submarine Boat. Hudson & Man ref 5s o # | Bklyn Edison w1 « | Superior Ofl....... Il Central ref 4a. 5 s | Burns Bros (B)... & 45 Sweets Coof Am. . . 1ll Central 5%s. g “ 3414 | Butte Copper-. o % Interborough-Met 2" | Butte & Superior... 30% %% % 304 | Tenn Copper... 104 10% Inter Rapid : Texas Company . o Jid Traosit5e s omaein LT i Califoraia Petrol... 8 8% 8% 684 | Texas & Paoific 0% 30 Utd Kingdom & D T evanw] 30 Red Banks ) . ‘alifornia Pckng.. 9% 9% . +| Texas & P " % - 300 Ryan Conmolidated. 6 Callanan Zine... B B B 84| Topaces Prod oL o4t 0% ¢ 2%)Utd Kingdom 5%s'31.. 0% 108% 1% | Int g Gt Nor ad) 6s w Tiay Stmms Petroleum . K4 | Canadian Pacific.. 140% 140% 100% 140% | Tobacco Prod A. Zurichis 2 Iowa Central ref 4s. Al hoPst & Ref.. .12 2 | Central Leather... 33% 88% 8% 38% | Tobacco Prod rts. KanCFtS& M 4s. it Chandler MotoT.... 60% 60% B8% 60% | Trang Contl Oll Ajax Rubber 88 ~ o 9% 9% | Kansas City Sou 5a. Ches & Odio. 2 e T 2% Am Agri Chem 73s.... 104% 104 104% | Lake Shore 4s1928. 3 | Chi& Alton. 1 12% 1 1% Unlon Oil. Am Cotton Ol 5s. ... 8933 | Lake Shore 48 1931. Chi & Alton pt 1s 1% 18 19 |Union Pacific. s SreeIURELat B o | Long Island ref 4s. 3|C& BN (new)... 3% 3% 3% 2% | Unlon Pacific pf. 104 |L&NIst&refsy . @ |Chi& ENLDE (M), 36 5 6% S| Union Tank Cpf s |Market 8t Ry consb..... Chi Great Wpf.... 21 21 21 21 nit TUg. .. 074 | Michigan Central deb 4s. ChiMI&Stb..... 3% s 2% 0 | United Drug 1st. el Min & St L. 1st ref 4a o |ChIMII&EStPDPL... ¢67s 47 46% 4% | United Fruit.. ‘Am Writing Paper MStP&SSMconds. .. Coi & Notrthwn. ... 8 % T8 T8%|United Ry Inv pf. .. A rape Min & St Lref ext 5s.... Chi & Northwn pf.. 114 114 114 114 | United Retail Strs. Armour & Co 448 MStP&SSM6He..... 50 |ChiRI&Pacific... & 4 ddla 41| USCastIr Pipe. Atlantic Refining b5 w 1 100t ChiRI&P6%pf.. 84 8 8 & |US Indus Alcohol Atlantic Refining 6% Chile Copper..... 2% 24 20% 2 |US Realty. Barnsdall s f 85 A Cluett Peabody.... 65 6 5 5 |USRubber. Borsletsen 20 L0 0% 6% Tk | US Steel. Beh Te1 Pa s, . . . 2 . B0 30% 9% 30% | US Steel pt. Bethlshiem é!.‘el 16 Montreal Tram 1st ref 5s. 38 | Columbia Gas..... 92l 9% 2% %% | Utah Copper. Mo Pacific gen 4s. . Columbia Graph... 4% 4% 4 4% | Utah Securities Mo Pac 1st ref 58 Columbia Graphpt. 17 17 17 17 | Mo Pacific 6s. . Comp Tabulator. .. 66% 67 €% 6% Vanadium Corp... New Or Terminal 4 o CIgaE - 854 35t 854 855 | Va-Car Chemical. N O Tex & Mex inc 6 Cons Gasof N ¥... 125% 1t 124 124 | Va-Car Chem pt N Y Central 7s i io | Cons Textile. 10 10 9% sh|Vivadou 3 ¥ Central deb és i 2 e % @ & 18 N Y Central deb 48 ‘34 Hiiirep, Min e o |Wabash..... N ¥ Central ref imp 5 inden Lead Mines C e 117 | Wabash pf (A) Y Rys 1st ref 4 J Verde Die Corn Products pf. Wells-Fargo Ex Duquesne Light 6s. T ver o Cosden & Co. ay o« an s e Emoire Gas & Fu Z 3 | Crucible Steel. .... 88 9 9w iy | Western Elec ptd. smbire e - e Sugar.. 21 2w 27w | WesternMd. .. % 0% 1% Norfolk & West con 4s. .. | Suk pf. 844 4 o4 8414 | Western Pacific 1% 19 197 L. Norfolk & West cv 6s. ... Ry Hercrles Mises % | Cuba Cane Sugar. 18 16% 16 16l | Yestern Pac pf. 61% 604 61% | Goodrich, BF, 6148 B0 Kosidon. MInes. - % | Cuba Cane Spf... 9% 4% 39% 40% | Western Union. 10 108% 110 |Goodvear Tire 8s'31 0 Speariiend - o Westhse E & M. €% 61% 61% | Goodyear Tire $s'4: oy | Northern Pac 5s temp. .. % Davidson Chem: White Motor. 4% 7% 47 | Holland Americansf6s. 834 ®W S8 North Pac ref imp 6s. ... & | De Beers.. White Ofl. ...... 84 8 8% | Humble O& R 53 w 1. 100% 100 Jocg | Ore Short Liret 4s. Del & Hudson Wickwire Spencer.. 16% 184 164 16 | Indiana Steel 15t 83'52. 100l 100 10% | Ore-Wis 1st ref 4 3 Del Lack & W Willys-Overland... 8% 54 . 84 |Inter Mor Marine 6s..... 57 % % | paris Lyons-ded 6 DS ey Dome Mines. ... Willys-Overland pf. 4315 4% 4315 % | Inter Paper 1st5s B. 87 864 8% | hennsylvania gen 4% R 196 Toolumne . Wilson & Co pf. 86% 88 86l &c| Kayser (Julius) sf7s... 105 105 105, Pennsylvania gen 5s. 2400 West Eastman Kodak Wl Wl W] Wisconsin Central. 30 30 8 30 | Kelly-Springfield 1057 108% 18 | pennsyivania 6348 Electric Stor Bal 46's 46's & | Woolworth 79 180% 179 180 |Lackawanna Steel % w0 90 o A o Eik Horn Coal. 2% 2'4 204 | Worthington Pmp. 61% b1% b61% 61% | Liggett & Myers 58 - 9% %% 9% pere Marg 1st 5. . 1| Erle..... 17 1% 17% | Wright Aero...... 9 9 9 9 | Lorillard 5s 9% #% %) portlang Ry L P 18t 58, . 93 | Erie 16t pf. 3 Manati Sugars £ 7% %% %' %% | Reading gen 48 5 Erle 2d pf. . High. Low. Last. | Marlund Oil 8s war s 19 19 IRTArKALats 2 oy CallMoney..... & 4 4 |Mexican Petroleum 8s. .. 165 106% 106% | San Antonio &'A P4 % | Famous Players.... Midvale Steel 5s. s StLIM ¢ | Fed Mines & Sm LOURLY SALRS.OF sTOCKS. Montana Power 5 T o b g},‘:“‘ < 73 | Fed Mines & S pf. 2 i e o New England Tel5s wi. €% 5™ % |5 1 g 5 pprings. . Fisk Rubber. . ) 4 ¥ £ NYGELH&P Lo 9K W% Y|y g S F ine6s. Freeport Texas. ... 2% 21% 107 2% e New York Tel &5 1941. p Gen Asphait. 0% 68% 704 New York Tel 6s 1945, Gen Electric. 0 1% 180 Gen Motors. :&:- ‘!;i':- mfi Gen Motors pf. v i i 1008 | Gen Mot 6% deb. .. Bl Sl Sl'3 814 P 43te | Goodrich. . 37 81 % 36l 1014, | Gray & Davis 1516 14% % 7 | Great Northern pf. 83 63% 8% 8% Arnalt o T |G Gteel... 8 & @ s | NEW YORK, August 3—Automobile * 8is.. price reductfons and further cuts in ol s Harbishaw Cable.. 2% 24 24 2%{gaqoline. along with the uncertalnty Lol HartmanCorp.... 8 8 8 8 | o 000 the rail situati lted e 7 % 14 64| resarding the rall situation, resulted{gnCitir Ol 78 i I Motor 2% 2% 20 20 |in curtailment of activity on the curb| gouthern Bell Tel 5a. Unfon Pacific 1st 4 Hupp Motors. 17 17 17% 17%| exchange today. Commission houses |8ou Porto Rico Sug 7 Union Pacific 1st ref Hydraulic Steel 9 8 3 9 lgid very little and irregularity of mkogualéf K ?{'r':.';..l::.cg’; Tat on INinois Central.....109% 108% 1092 108 | Price movements prevailed through- mwnero % Wikashi 1at 68 =l out the greater part of the session. 4 Jilinols Central pt.. iZla 18 1214 113 ) %5y, ngarq Oil fssues were compara- | Unlon Bag & Paper Wabash 2d bs. indi . M3 B Sltively inactive with the exception | Unlon Tank Car1s. Western Pacific L Inspiration. 7 it ‘Nia| of Standard Oil of Indlana. Anglo- Wheel & L E con 4 Pub Ser Interboro Metro. I 1% 1% | american and International Petro- Wheel & L E ref 4 3s. Robert Gair, Interboro Metpf... 8% 8% 8% 8%|j.um and even in these shares trad-{ ([ g Realty5s.... ‘Wisconsin Cent gen ¢s Shawsheen Intl Cement....... 3% 381% 81% 31% [nf was smaller than recently, with |y g Rubber 1st 5s. T s Scivay & Ch Intl Combustion E. 23% 2% 2% 2% |price changes confined to narrow lim- | ;g Greel s £ 68. OTAL SALES (Par Value): e 108% 1083 108% 108% | its, Va-Car Chemical 1st 5s.. 100% 1004 100% 1lam.. 3584 000 e 17, 16% 184 Citles Service Weak. Va-Car Chemical 78 wi., %% 9% 9| 13noon 5% 000 8 684 64| (o5 Service common continued to|vaCar Chemical THs. .. 105% 106% 106% irm. 796700 be freely offered and got down six Maryland »m 9902000 BUSINESS FAILURES DROP. NEW YORK, August 3.—Business failures for July totaled 1568, a drop of 5.3 per cent from the June figures and 42 per cent from those for the peak month of January, 1922, Brad- dreet reports. Although the num- ber of failures was 5.6 per cent above that for July, 1921, the total amount of liabilitiee—$42,145,645—was 40 per cent below the total for July last year. Total liabilities for the seven months of 1922 were $436,317,285, a decrease of 4.3 per cent from the 1921 flgures for the similar period. The number of fallures was 14,044, against 10,548 for the corresponding months last year. GERMANY’S SUGAR BEETS. Germany's sugar beet yield this year will be 200,000 tons greater than last year and may suffice for the absolute domestic requirements of the country, says a federal report. According to reliable Information from trade sources the yleld is esti- mated at 1,600,000 ton: Lack of but- ter and other fats held responsible for the increased family consumption or so. There is a marked incre: in the sugar consumption by industries devoted to chocolate and artificlal honey. SUGAR MARKET FIRMER. NEW YORK, August 3.—The sugar market was at the highest year. In raws, Cu nced to 3%, cost and freight, equ to 5.49 for centrifugal. The sales Included 34,000 bags of Cubas for August ship- :43, and about 57,500 bags at 5.49. : The Taw sugar futures market was more active, and opening prices show- ed advandes of 4 to 9 points on re- newed buying for outside account. At this level th er . with pr] lovels recorded th ad: ment, at heavy realizing d prices ease off, and at midday were 1 point lower to 2 net higher. 7 Refined sugar was firmer, in sym- pathy with the advance in raws, and Klric were unchanged to 10 points igher. Fine. granylated is now quot- ed from 6.90 to 7.10. better inquiry ‘was reported, Rafined futures neminal. ‘e Was |Mecured by arat deed of truat on seal estate. of sugar noticed during the las yelrll Bonds Bought in All Denominations. LIBERTY BOND EXCHANGE 04 14th St. N.W. Hours, a.m. to 6 pm. Main 2097, _ WILL BUY International Finance Corporation Stock S. A. SCHOOLFIELD Room 310_Oontinental Trust Building Fhons Maia 3188 FIRST MORTGAGE NOTES SECURED BY FIRST DEED OF TRUST ON IMPROVED DISTRICT OF COLUMBIA REAL ESTATE Tel. M. 657-656 We Offer for Investment |, Real Estate Notes Of responsible makers secured by Ist llen on improved property. TO YIELD 6% AND 7%. PROMPT PAYMENT OF INTEREST GUARANTEED. ‘Bank of Bethesda, Md. Phones: Cleveland 1919 and Bethesda 1. EQUITABLE Co-Operative Building Association Organised 1879 424 YEAR COMPLETED Assets $4,408,629.00 Surplus $1,144,464.89 Gratifying Results From Systematic Savings i Adopt the systematic savings plan of the Eqnitable. Tt has proven heipful 1o thousands and will help you. i Subscriptions for the 83d Issue of Stock Being Received 1 Shares, $2.50 Per Month EQUITABLE BUILDING 915 F St. NW. JOAN JOY EDSON. President FRANK P. REESIDE, Secy. Money to Loan Prevailing interest and commission. ! Joseph I. Weller 20 Wach it & Truy bldg.. 9th and F o.w. 7 To Victory Note Owners On December 15, 1922, the Govern- ment will pay off about one billion dollars of Camy Notes. These notes may be exchanged at once, however, a new isv . of United States Treasury Notes yielding 4% %. We will be glad to advise you whether your Victory Notes are among those called for payment and to effect the exchange you without charge. ke EHSMITH®, Sounded 1873 7% First Mortgage Investments 1414-1416 EYE ST., N. W. “No loss to any invesior in 49 years Notice | sibilities of New York | Curb stocks. i { THIRTY EIGHT PAGES free on request. P A Y R Ry J e g e Ergog e Attention Owners ON FINANCIAL. rent Apariments If you want to buy, sell or rent Real Estate, think of ' LANHAM & HILL 1400 H St. Main 366 Investmrent Securities SELECTED PROPERTIES In approving mortgages on improved Wash- ington real estate we select only the propert whose values make the loans attractive. our own invest We funds first—then offer the mortgages to the investors. When you invest in our FIRST MORTGAGES —vyou are relieved of all detail and worry. In amounts of $250 and up B. F. SAUL CO. MAIN 2100 1412 E! SO Columbia National Bank i enw S 911 F Street How Useful We Can Be to You —depends not a little bit upon how fully we are in your business confidences. State your case completely—we do not ou. delay accommodations when merit and credit are back of ¥ Consult with us at your convenience—our 3% Every mortgage is less than 509, Compound Interest Paid on Savings. You can open a Savings Account at this convenient Bank with as little as officers are readily accessible. $1 FIRST ORTCAGE he Safest Security on Earth of the ready market valoe of the pro;»riy. Absolute Safety. Reliable Security. Liberal Income. Insurance Against Loss. Protection Against Depreciation. Prompt Payment of Interest. Repayments of Principal in Full at Maturity. Choice First Investments $100—$250—$500—$1,000 WILLIAM S. PHILLIPS "Call, Phone or Write for It MONEY Realtor 1409 N. Y. Ave. NW. Main 4600 TO IL.OAN FIRST MORTGAGES AT CURRENT RATES OF INTEREST Rentalt T Hgion &€, 1207 Gnneclicat (Benue property. Hensey 727 15 Street NW. 53 Years Without Loss To An Investor Dollars to Doughnuts WORD to the wise—Do not invest in “doughnuts.” ing that has a large hole in it, whether you see the hole or not. Spec- ulation, always so attractive on account of its quick results, is famous for the number of holes it has surrounded through which the money of credulous and ambitious people has dropped away to nothing. / Emphatically, the most suitable invest- ment for ambitious people, for people with responsibility, is to be found in our First Mortgage Notes on improved Washington Let us tell you about them. That is, do not invest & Co. Wfi g:;lu. CITIES SERVICE SECURITIES and Properties, Bought, Sold, Quoted THOS. W. BRAHANY & CO.