Evening Star Newspaper, November 29, 1922, Page 19

7% First Mortgage Real Estate Coupon Gold Bonds We Recommend This lssue Secured by Best Wash- —Building permits during the last Car Shortage May Cause Very|Western Maryland Doing Much |Sook totaled. $2,600,000, an increase NEW YORK. November 29.—Sharp |, the big board, while the Indlana | car shortages on all American lines!the Western Maryland Railway forlafter advertising for three days. Only FINANCIAL. = ''HE EVENING STAR, WASHINGTON, D. C., WEDNESDAY, \OVE\IBER 29, 1922 TFINANCIAL. * = _——— e ————————————— MUNTH BI-EARlNGS T APPLE GROWERS FRANTIC.| GOOD EARNINGS SHOWN. | BUILDING PERMITS JUMP. Reccived by Private Wire Direct to The Star Office. Heavy Losses in Far West. Better Than Last Year. ori1oy l}’;fidfif";“‘t’,"‘f,';y'l',‘f_“)‘:::l‘_““; "DETROIT, November 29 (Special). Speclal Dispatch to The Star. BALTIMORE, Md., November 20.— |the entire supply of floating unskilled | | W > N. S| a 3 ersey new joined | “P{id R labor. A large castings plant receiv- SHUW Gm][' TRAUE S A ;“,“.;‘,‘:;J.fd?:.‘;.,".,f e oid shares| “SEATTLE, November 23.—Acuto|Statement of eatimated earnings of | eq Fineteen” appiications for work | pplicants were willing to work rate of 45 cents an hour. . . atock dividend by that company. | fron rops of winter-k ek ington Properties as a Safe : tention of professional operators in e D L r /i lntaxcic cent, over the corresponding wee Slightly Off From Last o e o the.vory e, | hrairiz Lipe Liney Siandard, of Kan’ | mersal frall) cold siors of last year. With the exception ot| MAY INCREASE CAPITAL. Investment for Your Funds, ¥ change. Short covering continued | York, old and new, were strong. Va- | heing made as rapidly as ships and | passenger revenues, which showed a T RALBIGH, N. C. November 2%.— jnuou;:n.,m the industrial section and | cuum Oil gained dlmost 10 points 4t |demand will allow. ~ About 200000 ' gip qecrease, every revenue item : Revolution Cotton” Mills of Greens- Month—Georgetown Gas to Sell Bonds. o ne after its extraordinary Tise | boxes have moved in the last thirty | : s authorized to increase its| brought about substantial advances hv.n’”"lh l:"p‘luuv i mhile: Bucks!| Doy th oo R o .1‘.'.‘"‘;2?.»“-2"“?::?.&?( ",'-:‘-le.a;f:f“wb:“:h b mm Stockc from. $300.000 1o $3.000. | in special stocks, but these opera- | ye Pipe Line, selling ex-dividend, $25. | The largest single shipment of the !\l Eeasral (eleht o corresponding | 000. under an amendment to its char- | tions slackened in the early after-|held firm. Cresce season, 75,000 hoxes, left Saturday for Ty BI&O0LAD ter granted by the Secretary of state S X ¢ | e=ception, and dropped over & Liverpool. ¥ cars available at Wil t SONL KIET O 1no (hree weeks|here vesterday. noon. ral Yof the motor group | @O O G0 na Guit Oil of F apple-producing points are only about | unqey ‘November 21 showed an in- | ? — continued In active demand through- | yynia followed the lead of Standard (a fourth of normal. crease of $253.234.03, or 25 per cent, 35.000 = Policy $43.85 out the entire session on reports .»r1«n«».;.a 10 went higher, and Shell While carninis for the currens fiscal | o920 g0 (1€ TOUCYs SR3.89 Assets over 2 ROY GOFF increased production and better carn- | Union also showed improvement. City year to that date are $323.137.34, or 2 Tished 1806, h v ¢ Service common was up a point at $3. SCHWAB NEW DIRECTOR. |3ear to that date are $32518755 o ° | Established 1 Iasy ce—All Bra~ches _Room 610. Woodward Building M. 340, $100 — $500 — 51,000 Maturities 2 to 12 Years VABKKER 813 15th St. NW. Main 2430 BY I A. FLEMING. Clearings of the banks of Wash- frgton for the menth of November, ended this morning so far as the yecords ¢f business Kentucky Shares Active. ‘Tobacco Shares S(rong. NEW YORK. November 29.—Metro- | period of last year. Amou Ilu-, andard issues. the Tobage res were again strong, |politan Life Tnsurance Company ai- s) 9 cted Charles M. | Kentneky shares were cons Philip M Wi Briioh e iireetor "0 the| HEAVY HOLIDAY TRADE. !stronx and reached anew high ree- | Am ! Comanys toilbe all 1 esk b e E UIT g BLE ! r board. (Special A riot of spending on a | A £e turnover. It was | cates made a with the war period peak is arned from- reliable sources The rise company would declare prob panied by ess he o mines cut- Cin conn the daily it 100 3 ok dividend within ::.m o tru EMBARGOES ON FREIGHT. progress n n th mlnl:asem Co-0perahve Bmldmg ! ' i along wit [ tion of thes s . o 1ie- Lot : b the repulir dividend | vty appea ULs, November 20 (Special). | fr n 355 o and, day .h;ll‘)::lr:r;‘ i LI, nnually Some |lishie Compuny stock, resulting o an (have reap 1"1,?:-;_.::‘1 hs‘o.._.c;:“:;’ L Todey finds a | | acent d o s el I3 in- dvance o oint. ealizing e origins a C ! o ’. re L, rani 3e.000,000 t0 | males it the néw Campbell Soup prefer: Sut the. Jarger | rushing (o town (o spend their mon i of to- i n apital from $ - ! 5 10,000,000 by the declaration of i 313 per cent dividend in stock and | oMtors went to L1, re-{line frelgh ¥, too, S Cthe aia ot a bargoes afte onsidera~ by th £ 32,000,000 addition: $of pool operations In |put on embargoes after x cons stoek at AU the same time | . and Durant common ble mass of tonnage has been cleared. s e |close to fifty. a new high. leerless { Motor also gained a point. yeiore. Jtingg off- | They are buying regardless of cost, | business hour before making it vember records st on recor stock caused an early loss. vill (and many merchants are marking up | |gnlll|’( because purchasers are indif- ferent to prices. $1,150,550.31 i i 84.657.059.50 |} | are the sec- i v | Marine Insurance THIS OFFICE 1S EQUIPPED TO Quote Rates, Issue Policies and Certificates Satisfactory Service and Co-operation Assured voted to chan ‘Dusiness 18 Tetter than it was NEW YORK, November —Fol-| Really the holiday trade 1 lowing Is a list of today’s highest, lowest and closing pric as yet and it promises to | FVSH LONHS And atocks dealt In on | amount accumulated in a short i time. i TRST MORTGAGE NOTES Teoord of R 1 e New' York Curb Market: i Subscriptions for the JEWELRY FLOATERS MARINE Will Sel uwm 3 Per Cents. Sales in I!UXDNI_‘_ F s i 84& l e n‘ s‘ l ]'"-:Gi B Enhu M ‘;lr:ln i L L e s 6 : OR SALE Being Received ! PARCEL POST TRANSPORTATION Geargetown” G Light. Company to MOTOR TRUCK CONTENTS Sln i iU S pes fonT T IN DENOMINATIONS OF Shares, $2.50 Per Month SALESMEN'S SAMPLES TOURIST BAGGACE Zold bond Th, et of the commission fixes edint tha price at 9, and acc plus 1 per cent commission. provided that the block is sold. EQUITABLE BUILDING 915 F St. N.W. i JOHN JOY EDSON. President FRANK P. R DE, S Automobile Insurance Compan of Hartford, Conn.—Affiliated with AETNA LIFE INSURANCE COMPANY AETNA CASUALTY AND SURETY COMPANY JOHN T. JONES, Mgr. o . VOORMEES. Awt. Mar. Branch Office, Woodward Building.—Main 1854-1 500 DOLLARS AND UPWARDS %méz// .9// yg/flfl 7 %. 1207 Gonneclizut Soenue Money to Loan i Becured by first deed of trust on real esta‘s. Prevailing interest and_commission. Joseph 1. Weller $0.75% e r with friends Wlways been most i i i { | n of financ ks and Bondx. again very Robt. al Asplial Trouk 3 ,.fi‘ 6200 Tuternn Pe fugnolln Pet . Local securi :“;linlvn.rrrll.xx\:”;‘n W .-:' praptiiid Public Service Corp. S of New Sorecs Common Sense American Can Common. Pemetua' rumor wl on Ameri at last taken the m and_have placed the on a T per cent basis. dend being pavable February ;.;. to shareholders of record January Out of the Large Number of People Who Know How to Save, Few Know How to Invest FIRST TRUST NOTES as issued by us, will be found to be a safe and T takes uncommon qualities 1o carn a sur plus—but 10 keep it all you need is common sense. You do not have to study any d financial scheme whereby yvou can become < denly rich. because you know the great mn ity are frauds. Our FIRST MORTGAGES —with principal always at par. offer an ojy tunity for safe investment and adequate returi 6% Certificates A non-callable secu- rity with a high cou- pon rate in perpetuity. A direct obligation of a company rendering | | essential service to | | about three - fourths |;! of the population of New Jersey. Price. 98',; and int. To yield: 6.079%. GRAHAM. PARSONS X% Co. PHILADELPHIA NEW Yorx WASHINGTON 40S Hiess BLoc. Telephone : Main 2655 us vears, the unld great supply of government ned goods killing the packing busi- | COMMODITY WS WIRED STAR FROM ENTIRE COUNTRY SAN FRANCISCO, November 29.— Processed eggs bid fair to drive out the ordinary cold storage variety. The processed eggs are selling over the jcounter today at nearly the price of fresh stock. i Rusiness has been good and the| mtock gradually crept up to 73, golng | off to 6 1 Tidal Osage R 8 The directors declare the dividend| 1! ‘""“l'("llrl‘r‘m! Nalloq021y 1021, to be on a conservative ba . R 2 ~ _ Washington stock Exchange Washington mum.r .nd Electric 4<—$1.000 31 . $1.000 at 73, $1,000 at'73, sure method for the inexperienced investor. “Over a Quarter of a Century, Without a Loss” B. F. SAUL CO. MAIN 2100 12 EYE ST AN Consult Our Loan Department SHANNON - & LUCHS 713 14th Street Main 2345 BOSTON —The leath ymarket tod ctive and g }erally a trifle easier. Tanners continue {to compiain of the sm: profit. between the price and that finished leather. The demand for pat ,,.m leathers, which has heen good, nas failen off somewhat. l% T S T {fi NORTH . BOR s, No- o Toweles OPEN AT 8:30 A. M. DAILY | vember 23— Manufactur, S0 ut SL0w at | Washington Gas 5s—$1.000 at 831, BONDS. Bid and Asked Prices. PUBLIC UTILITY. m||n'| Soup 7 o K Nipple x Cash Stores . out Mot . Denv & Rio Dubilier € & Rudio 51 Durant Mot ... 1 Fifth Av Bus ctfs. ot el il Stocks in the hands of retail- | gl ! all and manufacturers have ) 8l a on a " unable to keep up with the or-| '\\c been n‘cfl\ms The 25000000 911 F Street i Open Until 5 P.M. é and Potomac Teleph: ¢, and P Tewphone of Va. Sa: «apital Traction R._R. 5 ity and Suburban 3 zetown Gas Ist Metropoiitan T, R, 3 $3,000,000 Ice Service Company, Inc. NEW YORK CITY First Mortgage 6%2% Serial Gold Bonds [SAFEGUARDED UNDER THE STRAUS PLAN] AUTHORIZED: $4,000,000 ISSUED: $3,000.000 SERIAL MATURITIES, 2 TO 17 YEARS BORROWING CORPORATION: The Ice Service Company, Inc., one of the largest ice companies in New York, formed as of January 1, 1920, representing the merger of five successful and profitable ice com- panies which have been in business from 20 to 30 years. The Company supplies approximately 60% of the office building trade in Manhattan, does a large wholesale business with dealers and maintains 128 retail ice routes. The Company is under strong, able and aggressive management. This financing will place it in a highly liquid condition with a ratio of current assets to current liabilities of better than 2 to 1. The cutstanding capital stock consists of 42,290 shares of 7% cumulative preferred, and 71,179 shares of common stock, no par value. Under the terms of the trust mortgage $3,000,000 in bonds are issued, $1,000,000 additional being deposited in escrow, for the financing of future improvements, un- der proper restrictions. November 29.—The be increased De- cember 1 by 1 to 2 cents a quart, uc cording to distributors here tods and butter prices and increased cost of production. | TODAY and FRIDAY ‘ -*The convenience and financial welfare of our cus- tomers are always important considerations with us. For that reason, our service to THRIFT- WORKERS leaves nothing undone that will pro- mote their interests or help them in any way. 9Bring us your PAY DAY DEPOSITS—our pro- tection and interested service will help YOUR MONEY GROW. 3% Compound Interest Paid on Savings ONE DOLLAR OR MORE WILL OPEN A SAVINGS ACCOUNT JA!‘ES A. HES!E“. FRANK J. STRYKER, i de | | l i I 'mber 2Y. lay that demand Wardman Park Hotel 6s.... active in this se(ll",“ ould be as good as they ,-JSTOCKS' S 5 ar. Fur-bearing animals Tel 1 i, A R 3 are plentiful and will bring in large e raction: o i Sums to trappers this year. Norrole & SEATTLE. November 29.—Frozen : | and mild-cured salmon, frozen hali- but from the n salt_herring ar a coast. The usual shipment, moving once or twice a week, runs to about 2,500 tons of frozen salmon and hali- but, 75 to 100 cases of mild-cured salmon and 2,600 barrels of salt her- ring to each cargo. =8 (FPITTSBURGH, November 29 —Tur- ‘s are slow In reaching this mar- e i ot e 60 and dressed at 68 to 70 retail. The supply from the immediate territory s becoming smalier each year, and Kentucky and down river points are depended upon for birds. DETROIT, November 29.—Automo- bile manufacturers are buying large quantities of cypress for running boards. Prices Tange here from $43 a thousand feet for vellow cypress to | $52 for red cypress. PHILADELFHIA, November 29.— Fifty per cent more grapes were sold in Philadelphia this fall than ever before. The majority of the increase is confined to the wine-making varie- ties. High prices prevailed until late in the fall. SHARPSVILLE, Pa., November 29.— Shenango Furnace Company, now ing two of its furnace, will blow in a third stack in a few days. CONNELLSVILLE, Pa., November 29.—So much coal and coke s reach- ing this mection today that prices are breaking. Some coal sections still are complaining of car shortages. AMARILLO, Tex.,, November 29.— Dry goods jobbers in the panhandle ot Texas are having the best business in their history at the present time. PORTLAND, Oreg., November 29. Reports recelved here from the sheep- growing district indicate that options have been taken in central Oregon for periods of one month on the 1923 wool clip on the price basis of 50 cents a pound. This iy the highest price for wool known in central Oregon since the war. when value was slightly above the fifty-cent mark. WOOL PRICES FIRM. BOSTON, November 29 (Special).)— The withdrawal of some fine wools at the Landon auctions had the effect of making buyers in this market some- what more condervative today, but {was totally without effect on the { firmness with which Wolders were Market Cuid Storage 5s.. *Ferminal &axi com *Termival Taxi pfd NATIONAL BANK. Vice President and Cashier lE‘HA'II GUY. ARTHUR N. MITCHELL, Vice Presldenz Assistant Cashier Safe Deposit Boxes at Very Moderate Rentals Thrift Makes Men qIt takes grit, will pow- er, stamina to stick to (|| a thrift campaign and win out. That’s where [ the truth of the dictum that thrift makes men is self-evident. QInaugurate a savin rogram THIS PA% AY — adhere strictly to the plan of “boost- ing” -your bank balance with regularity, and fu- ture Thanksgiving sea- sons will find frou way . ahead financially. Large and Small Accounts 1Big as we are, this bank wel- Earn the Same Rate comes deposits of any size. Pays Uniform Rate of Interest on of Interest accounts, large and small. ow Serving Over 41,000 Deposttors Capital and Surplus $2,000,000.00 MORTGAGED PROPERTY: The bonds are a direct first mortgage on 30 properties, including ice manufacturing plants in Greater New York and valuable natural ice plants and storage warehouses located around Albany. After this financing the books of the Company will show fixed assets on a basis of cost less depreciation of $7,224,070.95. EARNINGS: Average annual net profits of the Ice Service Company, Inc., available for interest, depreciation and taxes, for 1920, 1921, and 8 months of 1922 were $638.290.59, equivalent to more than three times the greatest interest charge on these bonds. These bonds are surrounded with all the customary safeguards of the Straus Plan including monthly deposits of principal and interest. We purchased this issue after careful investigation and offer these bonds as a safe investment in sums of any amount. Denominations, $1000, - $500 and $100. PRICE: Par and accrued interest to net 6%% Call, write or ’phone for literature describing this issuc. Ask for Tnited States. Washington Mechar Tnion. . TITLE 1 «olymbia . el Estate.. « winmbia traphoplione com raphophon pfd. . 1 ¢, Paper pfd. .. Merchunta® Transter and Swnn Mergenthaler spe . id Dutch Mark. ©Old Dutch Market Tanston Monotspe Security Btorage. Washington Marke| Yellow Cab ... *Ex dividend. STRAWBERRIES, $2.50 A QT. NEW YORK. November t_shipment of Florida New York yesterday ord P ||mvhl of F 10 New Dom nion ~0 Nevada il Horn 3 Nipissing . quart it was ne week Circular 683-G S. W. STRAUS & CO. ESTABLISHED 1882 = OFFICES IN THIRTY CITIES > NATIONAL METROPOLITAN BANK BUILDING TALK NEW PRICE BASIS. CITY, Mo, November 2§. n Petroleum and Refiners’ n recommended at a meeting rday that the basis of all grade pl’h s on crude oil be $1.5215 It was suggested that this price be applied in all existing contracts. The meeting was cuss changes in the prices of crude recently posted by thel 29 Carib Syndicate ... Prafrie Oil and Gas Company. Suyl T tien Sexyice pra- 20 West INDI 60 Alled OF 180 Boone Ol 3 Boston Wyor 3 Rrit-Contr Ol Fids. OFFICERS: DIRECTORS: t WULLIAM D. HOu\ B, Woodbury Blair William D. Hoover W. BTON] James A. Buchanan _Regin'd 8. Huldekoper William A. H. Church yictor Ksuffmann nine companies were represented. g intaini . vi CHA! LAMRO] Walter C. Clephane » P ax | maintaining prices. Further evidence £ Radivi Wi e Rilisp y E" Chaies Miaaaal WASHINGTON, D. C. FAVOR STOCK MELON.- D6 Wedexar OlL | Cpring’s olip was apbarent, but seeme S s, ‘'m. E. Edmonston BR"CE BAIRD, .Asat. Trust Officer | Frederick A. Fenning 'fl“l. - W Tk DAVID BORNET. Asst: Trust Officer | H. Prescoft Gatiey &= Hoeary K. Willet' National Savings & Trust Co. b | ingly these were not meeting with 35 Gulf 01l of P 5 537 | success, 10 Hudson Ol . 34 .34 —_— 1 Kirby Pet . MAY T, 50- ; 7 Latin Amer The St. Louis Southwestern rail- Telephone Main 5847 CHICAGO, November 29.—Directors of the Northwestern Yeast Company have called a special meeting of stockholders December 12 to vote on i proposed 100 per e dend. amounting to $: FORTY YEARS WITHOUT LOSS TO ANY INVESTOR nt stock divi-| o1 Livingston Pet 000,000, paya- & Lyons Pet e utar the com JSurpius |6 Namoth o 1oad has been authorized by the Inter- 55th Oldest s;::l‘: D‘”;““"" 'Y“ Washington 1922—5. W.S. &Co. sividends have been ributed a state Commerce Commission to acquire Co and — the rate of 24 per cent vearl under fifty-vear lease the property of Year & ew York Ave: addition, on Novem _cavidend of §6 was b, the Valley Terminal railroad at East St. Louis, 101,