Evening Star Newspaper, December 10, 1922, Page 38

“WET” AUTO CAPTURED. COLFEGHTPRIRTY |IPROVED DENAND FIUREON HUNAN (7% I i ! Police Hold Baltimore Man and Seventy Gallons of Corn Whisky. Willlam E. Bedell, twenty-six years old, giving his address as the South- ern Hotel, Baltimore, Md., was ar- | rested vesterday afternoon by Rev- {enue Agents Fowler and Ruby and Motor Cycle Policeman Little of the | ngnth precinet, in his automobile at 7th and A streets northeast, after a lively chase from a point on Bladens- burg road near the District line. Bedell's automobile and seventy gallons of corn liquor were seized. | The Baltimorian was taken to the | ninth precinct police station, where charges of illegal possession and trarsporting liquor and having adead Trent Amalgam More Heat—Less Cost No Clinkers New Purified Coal Fue! Burns Steadily—Lasts Longest : No Kindling Wood Necessary PROMPT DELIVERY Telephone Main 2622, 2823, 2624 Trent Amalgam Co. 911 15th St. N.W. | ' Beautiful Home—B: Big Bargain 1236 Hamlin St. N.E. All modern conveniences, just finished: __THE SUNDAY STAR. WASHINGTON, D. C., DECEMBER 10, 1922-PART 1. WLLENDDECENBER 11N STEEL MARKET NEEDS, SAYS FORD Direct Route Rule to Continue, But Open-Top Car Regulation to Be Withdrawn. Present Orders Are for De-. livery Early in 1923—00pperi Also Develops Firmness. | - The Interstate Commerce Commission gave notice yesterday that beglnning at midnight December 11 virtually all of the service orders mnow outstanding which have given priority to the move- ment of coal since the strike would be By the Assoclated Press. NEW YORK, December steel market Is in_a firm position, 9.—The Prices—Sometimes Under Production Costs. WELLESLEY HILLS, Mass., D Explains His Way\ of Fixing cember 9.—While Henry Ford was visiting the Babson Institute he dls- Accumulation Also Assessed When Earned. Annual Disbursements in Washington Heavy—Other Financial News. BY L A. FLEMING. Under the new revenue act every dollar of profits of corporations is subject to an income tax of 121% per ' FINANCIAL. DIVIDENDS WILL PAY IVIDENDS WILL PAY 1.5, BONDS STRONG | THROUGHOUT WEEK Secretary Mellon’s Skill in Handling Finances Is Im- portant Factor. bonds will total $50,000. which will 35?‘8 interest payments close to $500.- BY BYRON SELLER. S ewe A [ enent Special Dispatch to The Star. : ¢ Local bond interest will be paid as| npw S T T; euy torma® 1. DOVE, Gwner and | BUMber on his automobile were pre-!oquceed. The only restriction after :I‘Ji“‘,;‘:r" jimproyedidemandusornen | cussea the business situation and pre-|cent. It matters not what disposi- | follow. » MA\E“ YORK, December 9.—Secretary 1086 sbone 1o ferved that time will be the requirement that | Raliroads have peen the best buyers,(S¥ibed a common sense dose for |tlon 15 made of the dollar of profits, | Chespeake and Potomac Tel. Gs... $37.500.00 | °F the Treasury Mellon's assurance that all shipments must be forwarded by |With western mills conspicuo: American busin This man, whose | Whether distributed or carried to sur- | b e Cmanted 500,00 the N'idljmmfl lu‘flu'"' would not be the most direct of routes available and [ H¥e: and on dic whele ¢ |daily income runs into six figures, |Plus, it pays the tax. Fotomac Conolidated general 6. gy necessary and his .sn?uunu‘:n'mm ot m:; without regard to the normal traffic ar- | broadening. Pig iron is much more |Stated that all this money was inci-| Under the previous revenue act the | Goterament bonds. .xfi;m‘:,'!‘:‘""mmu plan for EUSEtion the jx : | rangements between railroads. ctive, and the demand has inspired |dental—a bl-product. His remarks |excess profits tax also provided for z _{of the year requirements were helpful S P E C I A L S A L E | Since the service orders were put into }@ firmer undertone. | follow. practically every dollar of profit being | Ade aaiside ‘fterest influences in the bond market this week. jeffect early in the fall several modifica- Copper I Alxo Firm. “The trouble with most business]taxed, and as the dollars mounted up | The market moved through a very nar- | fions have been made fn them by the | COPPer has also developed firmne men” suid Mr. Ford, “Is the fact|numerically the tax soared also, this| o row range all week, but in the main A Limited Number The reported purchase of control of one of the large South American properties by a prominent American commission, but in the territory east of the Mississippi have been, and until money- that they go into business to make to make as much as they can, being called the excess profits tax. When a corporation distributed a quotations were higher. | American Tel. and Tel. It is generally admitted that pital Traction. the December 11 still will be, required to |interest cxerted a bullish effect on fas quickly as they can.:They have a[dollar to its shareholders as their |} ard W. Steambout 00| Treasury Department has shown great U. S. GOVERNMENT | nearly all the open-top car equip- f::‘;:":; "‘;!e""::lml“i;m\"':‘“";’;"l‘;_'”‘;’ f“{:; hard time of it because they are try- |share of the year's profits, that dol- | Columbi skill in its refunding operations so far. In consequence, government bonds wera firm, although dealings were not on @ large scale. The fact that there has been no great amount of new offerings has also ‘served to malntain prices of lar was free of normal tax, for the’ excellent reason that the corporation had pald it on the money earned. But If the shareholder receiving the dollar dividend receives many ment in their possession exclusively for - transport of coal. This restriction | as been an increasing cause of com- plaint from steel producers and contrac { tors using building and road material. ing to get something that some one ¢lsc has. The principle is wrong and even if it wern't, it would be pretty hard because there are so many of them trying to ‘get’ that the compe- domestic consumption and for export. Some of this was attributed to pros pects for a continued large consumy tion of finfshed products. Practically all the recent offerings of clectrolytic at concessions appear to have been NEW FORD CHASSIS CHEAP also | The open-top car regulation will be | 48 2 r ¢ e Folar gl wiyield 5 to 51; per cent are reported I e ter December 11, | Absorbed, and producers are reported | tition is terrific. more from other corporations, and if | scarce. e La A rt t of U d Fords i v territories whero in | S50 80 13 Gonts sare Rule for Success. he has interest and salary income, " On the other side of the picture hav ! sries o in- | gl e | S e and salary income, Z i e rge Assortment o se | Ve bean specifically | Tin was stronger. espec e ] “rhe man who wil use his kill | pringin R S been sales of obligations of some of the il h responded to bull n e b Sl ging him to the potnt where bier pailoads,. The. COmMBORle i All M d l F 350 00 U immenteil URAON - The Gy e an wive for a_dollar |MUSt pay surtaxes, even dividends be- explanation in Wall street i< odels From o P lio v SURE LnSIos t0 el part ot thcin Wi litUE he can Sive for | come taxable again. these: sales were for the purps - (i particular need for o e e 6l bt bosnd o suceea 1 can-| X SOrEOrItos susplus auy be dn e Bameans ording_losse ount of tae i - . . g S L E e on prompt me Y Rk s |almost anything, pending largely | Viremen's Insurance come tax. = e atio s Jozi- Terms if you want them { BooKings have 1 and why people donie see ) &ML tise of busineis 1 whit “the | Merchants Transter T e eften o e ntmeat, Sonte | PLANS FREE TRAVELOGUE. ! i3 Individual applies | COTPOTation is cngaged. | Washington Market Favorat, ? PARKWAY MOTOR COMPANY ot | T T Wy oo "2 P — i = Begane s t conle oy ‘ompany has a large surplus,| Total...... . G. U. to Hear Rev. Donovan Talk xi}:_‘:llr d '“I’l:‘lgll;:‘ e moxt they Can t O e e but it e not in cash. ulhlhuI;gl': some | sEatimated. Lh("lgc“ tisturbing, for instance, to &:c - - s - o adice i ’ in the form of labor, material or dis- | % pa ALIMAYSUE, SOMLFLE Dividends are computed from the | . el nortguse bonds of the Kt Phone West 163 1065 Wisconsin Ave. N. W on Yellowstone National Park. |reduccd sup trihution. We are now in a perioid |Chiefly in meters, in pipes in the| UIGSRGE S78 Chmputed Trom, TR Paul r 5 {When this ie very important.” Busi- ground, in oil and gas tanks, etc. not been declared as yet, and there | matter how great the difficulties a1 pres- ! An fllustrated free travelogue is to et Banks have their surpluses, like- < - ent, the security back of these iseun: | bo wiven at Gaston Hall, Georgetown LIVE STOCK MARKETS. T o MR cnmoneat 1 Cpme back: | wine, i furniture and fixtures, in | A0 liable to be some extra distribu- |iannor e doubled. Ironably the i | University, tomorrow at 4:30 p.m., bY | BALTIMORE, Md., December 9 (Spe- [ back by holding down prices, espe: | bulldings and part in cash. The Federal-American a | fayer into which railroad stocks hax | Rev. Francis Regis Donovan. treas- icial).—Wharf Tteceipts of live cattle|clally prices of the raw materials| No well managed corporation would | g 1i°y SR A iy r | Zpllen was also a factor in the dedl: urer of the university, on “Yellow_|continue light. but ample at stock|which go Into our manufactured |P8Y out all its earnings to the share- | 3% j,n32 105, GCO00 S0 HF Oriwalicuad bongs JAuch of the Suvea: I stone National Park and the Grand |yards, and the market generally rules | products. I have in mind coal, iron, | holders, the policy of building for the BTl ek ihe A“m:”;-n ment gituztion depends on the condition o | Canyon of Arizona. easy with demand centered on top |lumber, cement, bricks, etc. It s a |future ‘suggesting the accumulation | n€ FV® Fon L A2 SICC AR (o0, i he [ of the rallroads. That condition may Ins tion Invited—Sunday—2 to 4 0°Clock During the past week several proml- | grade stock. Common to ordinary | great mistake for manufacturers ty|Of @ Surplus against exigencies, the | 0¥ semi-annual as in vogue with the ibe summarized ax follows: pec | nent officials free lectures at the | <tuck slow sale. Quotations today at|say that they do not care what thee |Sure-to-come rainy day, but it pays | federal National In any event the | ‘Trufiic continues in record-breakini Foreign ice School. Among the |Light street whart: pay as long as all other manufar. |on all Its earnings. dend of 4 per cent for the last halt | ProPortions. Although car loading- speakers were Dr. Dana Durand, chief | - Calves—Choice, handy welght, 1b. | turers must pay the same price. We| That part of the surplus which is|fend, OF 3 per cent Iof the fast BEID| for the last week in November st N 16 WEST LENOX STREET of the castern European division, bu-"12a121:; choice fat heavy veals, 10a ido wrong in paying higher priccs {invested in the tools of the business iy (0% F<Ch, OF P50 BU0 0 gcTl 12 decrease from October's high, t1 0. {reau of foreign and domestic com- ir’ to good, %a10; heavy roughl|simply because we can pass It along | C2nnot be distributed. 1$12.000 for the 1att quarter of 1929 | heavy traffic is holding up this v c M lia Park rce; Dr. Hubert . Wright editor 5 smull, thin calves, 4a5. = 1o some one v "' | “George H. Roberts, commenting on | 1. v e e {um longer than ever before. Despit way or the Carnegle En- mbs and shee 1 sheep, 1 : taxatd has this to say: “A tax . iy sl 4 e consequent large gross ea g orner Magnohia Far y win C. Wynne, for- ! R Db it L Snyw Others Have Falled. {levied upon surpius wo“,; be retrc Jh;wnl). They wiil adjust the nm-]me s ‘s' hent 3 ““m;;;rs lh:r::;{r’l: retary of the fuaverages. 11: fair to manufacturers.” continued | active, reaching far back into what | tr- e ! sponding period a vear ago, showir CI_IEVY CHASE MD kio. {lambs” w t ord, “begin at the wrong end.lwas left from taxation of all pre H . l"‘ '{'_"" "'l‘ 1o give | U cumulizive effect of the strike. . | n ask t production department ! vious years. It does not seem possi-! 1t not an unfair estimas ‘€ . Many roads which ea in ur 9 H = = irst q how much it « to muke the article, | ble that Congress will seriously con-|another $250.000 to Washingtonians imer expected to show bslx.:lhl:l’xu: i Don’t Miss These | : bulls, they add a selling cost and a|sider such a proposal, but evidently from holdiugs of outs.de slocks. fof |piuses for their common stock ha\ One of the most beantiful locations in old Chevy Chase. ! | to fa { profit. t they call in the sales de- inot a few members of the next Con-| Washington is a heavy invester in|had to revise their sxpectations. I+ Attractive New Houses partm nd oxen, s to quality, . ‘Here's the article | gress are considering it.” w York securities. | some instances cad of resumin: ! 3 i 1 ins The ho: built by day labor, was completed only a year ago and choice to faney, per he: 1 this ix the price, go out and get| It is the fear of the possibility of | This wiil make a grand total fron | dividends there will be, f; " ame, | y day = P i1 S 1310 to 1316 Buchanan common to fair, per head, | At Detroit we have always|such action that is Influencing cor- |interest and dividends of $1,269.470. s = Qippisg into sarpiue centains eight large rooms and bath, several lavatories; hard- Street N. W. figured from tie other end. We be- iporations to capitalize their sur-| Add to this the $2.600,000 Christmas | mea: fixed charses Theee arp o wood floors; living-room 15x30 ft. with open fireplace; stone Sl um;"‘\\(“!l‘h" '; humm; need, I':"e" we | pluses: (';ux‘ is x]eadln7 to x‘zmmnu- ‘;i:;\flnl:‘smand the distribution t61als {notable exceptions to theme unfave.:- 2 s icks i s ect today If you want a e ive just as much as we|merous declarations of stoc vi- | 0. able resuits. The south and east hu- foundation _14 inches thick; very large sleeping pogches; double w:.':".mlm home near 14th ; [ 1»:",3xdv1:‘|'r = dollar. The product must nds, aggregating probably $1,300.- | Interest to Bank Depositors. fared better than the northwest garage. Price, $22.500; terms. || street cars. With wix large andquatl el e st glve service, so lex: 000 this vear. dividends have| Another source of disbursements | Wage Reductions Unlikely. rooms, three large porches an a#nd tested for pe ¥ eleven Few of these stoc! {which will start with th= close of the I 9. —Hogs s Te We were sure the prod-jmeant anythi e than that the Railroad rates are admittedly v 3 0 al s rod- ; t anything mi 15 ; St i o= 3 y CTeTy Bai In ket amy ome 500 head; active: stroni to 10 1ct_was as gond as we could build | surplus has been capitalized and i year will be the crediting to the ac. |high Pressure in favor of a reductis Td wish for. Wonderful bulk 190 pound averages to|it. Then we began to figure out ways | NOW a part of the capital. jconnt. °,,_F e as | ® being brought to bear on Congre. = ;“ and neighborhood. top 840 ' to make it more efliciently—to give! If a corporation after paying astock | E'“l‘l'-’" 5. 10, chee ;")h \“5 < S principally from the agricultural ir- v ome; on 170 to 18 bulk | more for the dollar. {dividend ix able to keep up the same | “fr;“h* tere it AT cavings | Lorests. There is no prospect of an Low Price and Terms sows, |, “When sales slow up we don't drive | rate of dividend on the added ere L000 W SaVIDES | ruquetion in costs Grounds. Massachusetts Avenue and East Capitol, premier boulevards, traverse the properties; five squares from beautiful Lincoln Park; opposite the $2,500,000 similar ground can be purchased for anywhere in the world. We will gegntiate for you a first deed of trust to be used in building your houses. We will accept one-half cash for the lots and the balance secured as a second trust. We will sell vour houses to net you big profits. The demand is here. " Build in the section where other builders are making their fortunes! Build where you can sell your houses before completion! Build where there are more buyers than houses! Build where there is need for a thousand homes! N homes, only $875; other lots at lower prices; a few higher. The terms are 20% cash and the balance payable in 36 equal monthly installments, with interest at 6%. d BUILDER, COMPARE. Buy 7 lots at $875 each, being a total cost of $6.125. and having a total frontage of 180 feet. Subdivide these lots into 10 lots, each 18 feet wide, to cost $612.50 each. Remember, these lots have water, sewer, gas, electricity and improved streets, and you need pay only one-half cash, the bal- ance as a second trust. Bear in mind that these lots are in a location where a six-room house sells at a high price. TO INSPECT THESE LOTS: Take any Lincoln Park car to,the end of line, walk east two blocks; or take Pennsylvania Ave. and 17th Street car southeast to 17th Street, walk north two blocks. Free transfers are issued to these car linés in all parts of the city. Drive out East Capitol Street to 18th Street or drive out Pennsylvania Avenue to E Street, then east to 17th Street, both streets paved all the way. Salesmen on Property Today GENERAL COUNSEL: R. H. Behrend, American Bank Bldg. General Sales Directors i WASHINGTON REAL ESTATE CO. . L. Turner, Vice-President L. D. Abrams, Vice-President W L Telephone Main 833 Evenings Adams 1514 E. H. TAGGART 1518 K Street N.W. ‘TelephoneMain 5500 W. W. KEELER 134 11th Street Southeast, Phone Lincttln 2225 10 Salesmen Wanted With Automobiles | packing around sales foree and try to ng top| ¥ aon | rush begins the week of Decembe they be fully their duties. will county, Ala. 3 T acquainted with ~ APARTMENTS 1915 16th St. The Woodland I Ready about Jan. 1 available New Buildings Modern, Fireproof Construction 2, 3 and 4 Rooms with Bath For floor plans and reservations see | Thomas J. Fisher & Co,, Inc. No. 738 15th Street N.W. Rental Agents -_— e — APARTMENTS | THE ST. ALBANS Unobstructed View of Rock Creek Valley. Apartments of two, three and four rooms with bath and balconies. New building of fireproof construction. Mod- ern equipment, with two electric elevators. Representative on the premises daily. For Floor Plans and Reservations See Rental Agents 738 15th Street, N.W. {that it did before the jand passed along even through gen- | erations, but eventually some one wHl want the money and the stock will {extravagance in the magnificent new ireason for and the character of the i vast floral dlsplay. | Incidentally he might have askea for the total amount of deposits, and i\\‘hfln informed that they were close ! i taken credit for the far-sighted perspicacity that had led to the | foundation’ of the bank in Georse- i town. Finally he would have asked to be shown the cashier’s rooms, for in the good old days the cashier was housed And then, speechless, Mr. Marbury would have been led, gaping, around the room, neither knowing nor being known by any one of the hundreds of guests, but when the power of speech was recovered, he would have patted his successor on the shoulder, and taken his departure back to the shades, saying as his farewell, “Well done, Mr. Haynes, it's all right; George- town needs a second big bank on this corner, and I wish you well.” At least practically every one who called on Friday night sald the same thing to Mr. Haynes and his fellow directors, who were smiling all over with their keen satisfaction. From 1817 to 1820 Thomas B. Beall was president; Clement Smith suc- ceeded him and held on to 1839, and John Kurtz from 1839 to 1857, when Robert Reed took up the burden and held it to 1862, followed by George Shoemaker, 1862 to 186: Henry M. Sweeney made the record for term of office, 1865 to 1896, with S. Thomas Brown bringing the record down to 1913, when Willlam King held sway until Mr. Haynes' election in 1919. Mr. Sweeney held sway for thirty- |one years. If Mr. Haynes makes a new record he will be doing business ‘Weaver, J. E. Dyer, William King and J. M. Berry, with a bouquet to ‘W. P. Lipscomb, the bulilder. January Disbursements. January disbursements will be very heavy, but when the $2,000,000 Christ- mas savings clubs’ cash Is taken into consideration they will total not far from $5,000,000. : Bond interest from corporations and the government will make up about $451,270 of the distribution, this not counting the large holdings of munic- ipal and_corporate bonds entirely count of interest on bonds with mod- erate payments by the Chesapeake and Potomac Telephone Company and the interest on the 7% per cent notes of the 'Washington Gas Company. It is probable that the outside in- n for the owners 0.000 to be cred- ' banks th: fon an e | rather sparingly, the- market took a sharp drop at 50 cents a dozen, a whicn rand closed e: ! with old roosters plentiful at 15. N: The live poultry market rules steady under a fairly good demand and light 10 moderate receipts. Turkeys have {Leen in very light receipt since the | holiday trade and choice young stock poor and crooked breasts are slow sale at 35. lLarge, fat young chickens in good demand at 21a22, but Leg- horns at 20 and rough, poor and thin stags at 17al8 draggy. Old hens, when large and fat. meet with ready sale at 22 and medium at 20a2l, both when fat, 19 to 24 for the former and 21 to 28 for the latter, but poor, thin stock undesirable. even at sharp dis- counts. Pigeons and guinea fowl in better demand at 25 to 30 a pair for the former and 70 each for young and 40 to 45 each for old of the latter. The white potato market rules a shade firmer, with receipts running moderate and the demand fairly good at 1.10 to 1.25 per hundred pounds. 5 to 1.00 for Maryland and Vir- a McCormicks. One-hundred-and- fifty-pound sacks bring 1.60 to 2.00 and 90 to 1.10 for No. 2s. Sweets and yams running more liberal on the wharves and fresh-dug stock selling low. Ship- ments from nearby points given pref- erence over other sections at 1.00 to 1.76 per barrel for the former and 1.50 to 2.00 for the latter. Bushel stock of both selling 80 to 75, and 4/8 baskets of sweets bring 30 to 40. Native and nearby garden truck continues In ample receipt. and under only moderate demand the market rules at the following quotations: Beets, 5.00 and 4.0 hundred; broccoli and kale, 30 and 40 bushel: savoy cab- bage. 50 and 60 bushel; carrots, 3.00 to 5.00 hundred: Maryland and Virginia | cauliflower, 3.00 to 6.00 barrel: celery. 4.00 to 6.00 hundred; horse radish, 3.00 { and 4.00 bushel; onions, 2.00 to 2.50 spinach. 65 to 80 bushel, and turnips, 50 to 60 bushel. Pumpkins in better demand at 10.00 to 20.00 hundred. ‘Apples—Receipts are only moder- ate, and with the general movement better the market rules firm at 3.50 to 5.00 a barrel for packed stock; 2.00 to 250 for No. 2s. Loose stock mell- ing 1.25 to 1.50 per 100 pounds, 50 to 76 bushel and 25 to 40 per 48 basket. Rabbits continue in good demand where of choice to fancy stock, but “off” game is slow sale even at sharp discounts. Choice native and nearby | rabbits bring 3.60 to 4.00 dozen, and fair-to good, 2.00 to 2.50. NEW YORK, December 9.—The actual condition of the clearing house banks and trust companies for the week shows that they hold $23,146,- 410 in excess of legal requirements. This is an increase in reserves of $30.810600.. . A In fact wages o one system were raised this week. conditions. Taxes Another Big Issue. Aside from the railread situation > top. 8.4 buy: we cut the price, then; was declared, the dividend = lone & had the hardihood to suggest Samuel Sllapn'o K Pl are of them can and do bus. ‘When | more valuable than if 1t simply meant ! ited December 31, und the trust €Om- | that railroad labor accept any lowrr i ¥ S - i g | Owner and Builder || weight, S20asd0; 1-;}1«--‘ i m:rn is usually cut be- | more stock and reduced dividends. g md';:* i’(‘"rd{"_; "‘:i’s“"}l “"(‘"(:‘»“‘.mflxif‘;;";:|vum;u nsation. i t. N.W. 10: light 1 | the cost of manufacture at the| “A stock dividend.” said Mr. Rob- | credits for about $800.000, then, net carnings are to be in- Main 5613 9"! l,‘f" § _N“ l [sows s _ :mu-'.l-n.. the production depart- frvs_ 1;} \lsl!:‘uul_\' I-r;lv- ratory (;- me‘:‘r“’ "'i ‘;‘.:1 I':;k th'fl;"n‘:;f:“u':‘f"‘r‘fl( et'l. or even maintained, ther- R onah. nent has to figure out new economies, | larger distribution of earnings in the o o ip in-} v increase in traffic. Thi- {aoat {new short cuts that will deliyer ‘hp!fuurrm The distribution may not be- [ terest this month credit for $50.000 .00 oniy come from general busines- Cattle—Receipts, 1,000 he: com- | same car for s money—and Uu-y-“.lmn at once. Sometimes the rate of d"’i"hnuir—”\!“'“fi'u icate toral atibun improvement. and how far such im- [ mare with wees amo. beef atescs ana|alweys done fer {dividend is reduced and the share-j This would indicate total disburse | provement will Ko appears very un ibetter grade butcher she stock un-| holdss/ does not irecelve any more| Ments with the "¢ Which | coTtain. I is claimed in some quar. {evenly higher, medium gr: money than before. Whenever the | not oI 184! 2 1 ters ‘that a reduction in rates would oo s mener e IEXTRA CHRISTMAS HELP [Riia! pusimont of earnings 5o ine|$Zu00tn chrisumis B e | Tmalate ‘raihe i ueh ac oxeens @ long yearl - ese! aw. 1 e 2 i e . ibut neither the railroad executiv e top long vearlings and’ ni- | ENGAGED AT POST OFFICE | “Reduction of par value ‘of stock| The actual December 31 disburse i“"r e s nes lnoal ewecutiest 5: lower g heef sow: nd from $100 1o $25 is frequently made ments, largely estimated at $2.569.000. | (00 500 (HGTRAE 3 QR Ees, COmmIss [T e A > 10 facilitate investment aud trading (ought to have their effect on local s 308 SO Ihsiscre Al o ey anners | Total Force of 400 Temporary As- {in the shares, . | securities. i Meanwhilewll the interested partie 1 Syndi feri the most wonderful 15 low o3 sistants to Be Employed in lqh{‘»kdgfi!f«‘l":d-‘q’ra:'e‘enf;“:;;":;fifi ‘ot | IO Sebtiin & Sim1- T ancertaiutyla ' ofrermg S or: s 1 foede = enaajanesior e H 3 the intentions of the legislators Eopdnas siiliegep v a2 G Distributing Gitts e crery stk aicitend| R etmants 3 (ape | st Havilies shorts & a o - = - - £ s } 5 able. BA ORE, Md., Decmber 9 (Spe- | transfer of the Railroad Labor Board's bargains in Washington city lots. hese lots are 3101 L iy temporary helpers for el AU (e minuie the new shares be deiul) —Wich compirativély mild and | functions to the interstate Commere: £ i Tty it ristmas rush were ed in y iy ET . open weather there has €N Con- | Commission ix generally approved the suburbs, but are a part of the original City of Washington and feed Cerday by The Whshingion ity Dost | juPSect to'tne income tax. Tn'Wash- | SEL NEHET NI T2 NClinee ot | Bor with ohe movirmmens bab R \\~ shi ton 52385 veal ealv office. the first assignment of the mlahwi‘;fmm ex\nv poed b e s 3{;{» i native and nearby strictly fresh €8S |both wages and rates it is a very as su eyed and platted by Gen. George ashington. Sheep—Receipts, (-om.""-”‘, ) _men who will be utilized in# BI0 PA¥ N€ annual intangible fin this market during the past W_er_llc {short step to government operation. rv pared weelc a%o: fat lambs about | deliyering sitts throughou the elty | "GN S0 St ater the stock ob- |44 SWInE lo the high prices prevall’ || The reult v that investors hes: LOCATION: These lots are located on one of }he] mnE_t ‘It]";h&?dt nn\zlr cq?:fl fieady: best sedrling wethers. 25| oo suifeurs: Who' are being | tained via the stock dividend distri- | G105 o on the purt.of the trade |11 s raliroad unable 1o operate mu.. i N ati i as “nited States Capt i > given v days' intensive training " A % % 3 has been to take held of fresh eggs cessfully under the most advers: manding plateaus of the National Capital, cast of the P (kind: feeder | i their dutiecs, so that when the big | My be in an estate, it may be held in consequence of £ e ¥ o CLGEs, il Grop of 8 cents from prices prevailing new Eastern High School. These lots front East Capitol Street, A Street, B stehdylat 1) Besinning December 15, men will|pe Sl and the full Income taxeili | 1),0%arl; part of the weck. All arrivals fthe chiel interest of the week, a~ M husetts and Potomac Avenues. poun & AT be put on as carriers, clerks and help- | o8 SOV S8 = today, however, were prompily cicaned {far as investment community wa- Street, C Street, D Street and E Street, Massachusetts a Gk > bonnd eed yeariing yoethers, ers by score, =o that during the ; When Sold. corporation paid one in- | uP: and the market closed steads with a | concerned. centered in the discussion avy ewes, 5.00a6.00; 3 2 o! ce | = e - | Of ax ity. Reores 17th and 18th Streets Southeast. L eieht anotable up 05 715: Week's top | 145t Weck before Christmas the orce | come tax when the Profit was made: | Smer ‘wndertone, due’to outside ad- fof the tx cxempt securits. Secre- IMPROVEMENTS: Some of these lots have water, sewer, gas, electricity | feeding lambs, 14.60; bulk desirable | ” xoariy 2,000 persons applied for the| The Farmers and Mechnnics Rank. | The market for dressed poultry.|favor of the proposed constitutional h s = ts available to all of these lots. i kind, 14.00214.50. temporary positions, with only about; If William Marbury, who was presi- , while steady, is quiet, under the lim-,amendment to prohibit further issues and paved streets. All of these improvements are £ LONS L IOL 2 NEW YORK, Trecember 9.—(Cattle | 400 jobs, at the maximum, avallable. | st "o the Farmers and Mechanics | 1ted demand prevailing between holi- fof tax exempt bonds. In this he hix Th line is to be extended three blocks out East Capitol Street to the N - S Most of these positions are going to|3ent $ and Mechanics;g,ys. Choice to fancy stock, however, | the support of most of the progres- e street car line 1s to - south: at 17th street —Receipts head; mo tradin. | thoge ‘already on the eligible list for | National Bank of Georgetown from |finds ready sale, but no especial ac- | sive element. property. Pennsylvania 'Avenue cars are two squares south, a E . . S:;\,':a drullv"‘ax’td S“;;‘mo | the f'i;_ pos ;‘mcp. \he‘ C:\':l dSer‘\-‘::: 11814 to 1817, could have revisited the i tivity is expec:.‘ed until the L:i;ris(maflm?p:pusm:n hl’r;:m fit:w» n{nl muv'x-'lri- % £ = 5 5 1 Commission having Insiste g 3 A .| noliday trade draws near. Choice of { palities which have been able to bor- THE HOME BUYER: We will -“’;g you lotfis {or mt“ch let:; afl"fil ;:ttu!?c guves, BIaR00: erassers 400a5.00: | (I Glonle et the frst call | |scene of onestime activities Frisay | iotvoung surkess rings 30 o 52 Fow mones at vers low Tates uder v Ve V1 yvou a nrst mortgage V = By (I £ ———— ex upon arry V. ts a und; fair to good, to | present conditions is to be expecte: value on very easy terms and will p"fl’(}’ C % ot ‘gmgc of (_")l’:r dreams Sheep and ~lambs_Receipts, 4.180| e oriost woman cam. | HAYRES. president of the mame In:|{5" old toms, 45, and noor and crook- {1t may. come fram Another soupce Ae building of your homes. You can build on these lots the ho Ey *ams. | head: .!r_r“eg:xu!nr. 1;.5,'.';”'1‘*%5‘3?57'3"; nl‘ e;n:g:zrk”einom: L womacam {stitution today, he would, no doubt. | ed breasts, 35. (hoicc young chickens | well. The honds of the lind banks, The home designed to meet your every individual want. The location you will be j cull, - 2.50a3)3 1% 0 e Thompson, ninety-nine vears | Dave fainted at the outward signs of isell at 24a25: old and mixed. 22a23. both the federal banks and the joint stock banks, desi < ] inet are tax exempt and. 2 Hogs old, who took an active part In the | fxiravagance in ¢ S arby ducks and geese in | theoretically at I ; proud to live in. medium to 1igh Contest that resulted in the election | : uve and nearby du Becse in | theoretically at least, this cnables th . : . . > 't s 3 Having been duly revived, he would | fair demand at 2i for the former | farmer to Lorrow long-time mortga: THE BUILDER: We will sell you a block of ground at a less price than hogs, 51529007 o her grandson as sherift of Poik |, HavIng been duly revived. he would | fair demand at 24 t 2 f farmer (o Lorrow long-time morteas: the representatives of the farmer in i{Congress will be ready o give un i this advantage i= a question. !_ It should be pointed out that ther {is a sharp distinction between the to $3,000,000 he would, no doubt, have | sells readily at 50 a pound, old 45, but | federal land banks and the joint storh land banks. The former are co-ope: ative institutions, owned and operatsi for the benefit of the borrowers. The latter are private institutions oper- jated for private profit. Ilecause or the cumbersome process necessary to amend the Constitution, = long time s 20-- v 25 {§i{in the bank A of which are in only moderate re- | must elapse before a % 5 i PRICES AND TERMS: Beautiful lots 25x100 to 20-foot alley, only $625; I iasthe, Sankta o vhart, D%, and Mr. | 2cipt, but small. poor fowls and Lek- | but It wonld not he curpersiy oo splendid lots 25.83 feet by 132 feet deep to 30-foot alley, containing 3,400 square Between T and U Sts Cathedral Ave. East of [l [Qifoctors: - room. larger than® ihe D A D D es s 3| . rcat increasejin/ithe Semand for : < ity i i v | . | i at 17a18. e ese tax exempt securiti d par- feet, with water, sewer, gas, electricity, improved street facing handsome new Conn. Ave.—Now | :;:Jfi:a:“db;fi_k butiding, exsblera] S e e T domend it e e |land bank very moon mow. If the supply of tax exempt securlties is to be limited while the demand fn- creases, the inevitable result would be a rise in the market price of these | securities. (Copyright. 1922.) {PISTOL FIGHTS FEATURE { DRY LAW ENFORCEMENT i Activity of Police and Revenue i Agents Results in Numerous H Seizures and Arrests. Activity on part of the police, cesisted | by revenue agents and the park potce. jthe past week resulted in numerous seizures and arrests. In two instances the police engaged in pistol fights with alleged violators of the prohibition law. ‘but no one was hurt. Seizures of whisky. mostly corn, to- taled 233 galions, while more than fifty gallons of gin and forty gallons of wine and several automobiles also were seized. B Arrests for alleged Violations of the prohibition enforcement act included 147 at the old stand in 1950. Fine! per 100 pounds and 1.25 to 1.50 for No. ; for intoxication, fifty-one for selling, = - 2 stock: oyster plants, 5.00 and 6.00 | {ransporting and illegal possession, five Second Floor, 728 15th St. N.\W. Situated the South End of the Conn. Ave. Bridge— . Gearedlt e i committes. | fundred; parsnips, 50 to 1.00 bushel, | for Ariving automoblles while under the influence of liquor, one for manufactur- ing and one for possession of a still. — WHEAT SALES AGENCY. MINNEAPOLIS, Decembef 9.—The largest co-operative wheat sales agency in the world, which, accord- ing td its organizers, will handle 100.000,000 bushels in its first year, has been formed here at u meeting | of six co-operative organizations rep- {resenting ten states. —_ COTTON HOLDS STEADY. GENERAL OFF ICE ON PROPERTY - 3 outside of our local securities. ’———v-_ NEW YORK, December 9.—The cot- 1719 A Street Southeast & Thomas J. Fisher & Co., Inc. oZhie Fotomac Eleatric Company will| WEEK'S BANK CLEARINGS. |ton, market showed renewed steadi: advices and expectations of a grad-’ ually improving trade demand. Jan- uary contracts sold up td 25.03, mak- ing a net advance of 25 points and a recovery of 58 poigts from the low price touched -on the break of last