Evening Star Newspaper, March 8, 1923, Page 29

COMMODITY NEW'S WIRED STAR FROM ENTIRE COUNTRY ST. PAUL, March 8.—Work on the new $10,000,000 Ford plant at High Dam near hers will begin within sixty days and it is sald that the plant will be completed and ten thousand men at work by the end of Ithe year. Collections by the state for automobile licenses since January 1 total $2,942,743. CLEVELAND, March §—A manu- APPLE SHIPMENTS JRUSHED TOMARKET ‘Enormous Receipts in Chi- cago Sure Sign of Spring. &k Prices Hold Well. By the Associated Dress. CHICAGO, March S.—Market men _today advanced what they termed an ,unfalling indication of spring’s near- ness, the arrival of heavy shipments of storcd apples on the markets. The ush of shippers to get their apples compared to the tem- Dpestuous charge of a “March lion.” Western states sent ©f upples to markets week, more thay alddle of Janua forwarded 1.040 cars of par cent miore n week and 70 in the corr veor, here reported today that sales for January and February total 1,832 cars and that production this month would reach 1,500 vehicles, The production for the first quarter will be about half the total sales for the whole of last year. PIILADELPHIA. March S.—Tha local wool market is steady todus with good demand for grades rang- Ing from fine to quarter blood, Iine hing wools are quoted at 30 in the grease and delaines at arpet wools are quiet but steady and prices for nolls are firm. PITTSBURGH, companies in this A extreme dificulty in getting acequ - Fastern, o iabor this winter and ths larges of bu 81 ¢ompany here today is scouring the nents from that s CHTsborery; showed an increase of 75 per centover | ey 3 tast weck and 70 per cent over|, HtAGO. March the similar period of last year. New | \what after a tempor: revival. The 5. gutpueiwas ittietlargestisince hepat \BaS o mustiton windan feit ipments, o “!;d“ moditied demand for provision “during the time since the the preceding over the amount ponding period of last arch 8.—The ic ction have ha Trade in pack- mped some- FRANCISCO, d in building constructio need in price on Pacifi ets within the lust months »er shipments toduy are near 50 per cent larger than a ye s flat type hroke o i at 110 to $120 ¢ ud St Louts, Po- also showed price March s is almost unp s time of vear and productio in plants here have passed the 100,00 a day Increased demand s md onions -WURLDSUILUUTPUT S naval stores, hus ted ta organization and ap- o the Federal Trade ¢ 2 + SHOWS AN 'NPREASE Crude Production in United SIS!CHUNF the Webb-Pomerene 4 for Last Week Also Makes ;':'rl R Slight Gain finto $20.000.000 ann than half stores which CHICAGO. Mareh 8. —Tha ( i Elevated Lines has ordered lateel cars, at u cost of $aud and delivery was ordered day ~ Assocated Prese S —Tie Amer shed nated the wor March § brotch States pre Company A produc Persla Argentina and Venezusla, whi lombla showed its first comm $12.000.000 GROCERY ASSUCITION FORMED production’ of the : of TFive for | the States Will Engage Actively in Export Field. $12.000.000 association with weel s X‘M, jfive southeastern states, is being per- s . com- |fected, it was learned here today. . 8 daily average | jr was sald the promoters have ob- barrels for the week ended ’m”d B SREr et prns Alubama. ave been ¢ gla and listed a he la fwean 21,000 128,000,000 commo Bt ton, T wp B0, 10 w1 90, 10 at o, 1 AVTER CALL us, 5 and & per cent. BONDS Bid and Asked Prices. PLELIG UTILITY. i , Atkas {STENOGRAPHIC ERROR | TANGLES STATE COURT Supreme Court Clerk and Library | in Arkansas Placed Under Rail- road Commission. By the Associated Press. LITTLE ROCK. Ark £ [sichographic errorhs s statite books pibces, perfor e of the duties of the supreme| court clerk and the direction of th me court library on the shoul o the sta © bill providi signed it, shortly after its passage by both houses of the general assembly | ] al adjournment of the assembi = toda es corrective or remedial ii{lesislation for the unique situation Ixmpas«lu e for the present —_— DIVIDENDS. Park Hotel 6s. STOCKS PURLIC UTILITY ‘forminal Taxi co ermimal Taxi ATIONAL BANK Capital olu Commwercial . District ¥arwmers Federal-Am: Liberty Lincoln “ational Tntertse Cirg 0l F kS P Wushingioa | U TRUST © i . JAmerican Security & T «ootinental Trust.. Hauk wion Biugton Lous and Tru 5545 & Ruurity Kuvings Seventh Streel TUnited States Washington M g8 oong Pireme: Natioual Union. TITLE (olumbia Titie . Real Estate .. MIS Colombia Graphophone com. Columbia_Graphophone ped. . Marchants’ Trausfer and Storuge 1 HMergenthaler -1 'flfl Duteh Ma )Duwhufllrk!l pre. 3 Spicer Mf3. (0. Springteld n-\ sedrithg ol ew. Tobacca Product: facturcr of passenger automoblles |> ST i iaras ! st 0 ~Negroes | Southeastern | ' New Orleans and members in | that | Lou'siana, | THE EVEN STATEMENT OF THE CONDITION if Capltal tor Capltal stock, Cah fn office Canh in bank. . Real estate Real estate mortgag: Stocks and bonds” (market va uts. Tnterest due and Al other assets. . Total assets... tock All other liabilitics. .. Total labilities | Characior of business transac In duiring the 5 5 0.007.416.61 during the 25,034.006.76, 19,238, 481,02 IN. Prosident VWM. JOHNSTONE __Notary Public. | We Specialize March §.-—-all " |RENTS |z That’s Our Business B.F. SAUL CO. Mortgage | oans 1412 Eye St. N.\W. Phone Main 2100 E e LE————— CITIES SERVICE SECURITIES Bought, Sold, Quoted THOS. W. BRAHANY & CO. tavestment Securities 510-11 Evans Building Washingion. D. C. Main 8159 EQUITABLE = 1 Orgn 130 Year Cou Anaet 1.8 Surplus. Systematic Saving —Save a little every pay day—and watch your interest increane! Subscriptions for the 84th Issue of Stock Bong Reesived Shares §250 Per Month EQUITABRLE BLDG. 915 F St. M.W. JOHX JOY_EDSON. Pres TRANK P. REESIDE. Secr. | i wm<-—-—1>=um-uo-ofi Your March Funds When you place your March investment funds in our First Mungzge offerings you obtain: . Interest 'at 6%2% per annum, paid semi-annually. Refund of the D. C. intan- gible or any State tax up to $5 per $1,000. Choice of maturities—1 to 15 years. Advantages of our Invest- ment Savings Plan, if you want 10 months in which to complete your purchase. That feeling of security which comes from dnhnfi with a house that has bac of it a record of no loss to any investor in 50 years. Call, write or phone for descrip- tions of our March offerings. | e F.H. H.SMITH co. ounded 1873 1414-1416 EYE ST., N. W. TTnnms afe Security ound Methods atisfactory Service —are outstanding elements of the desirability of investing in our 7% First Mortgage Notes Desirable {nvesting depends olely in judiciously selected securities. We value highly our record of never a loss of as much as a ®ingle penny In either prin- cipal or interest. Notes now on hand in de- nominations of $250 up to Ccr;xlieu Title furnished with each purchase. Collect- ing, remitting interest and ail details_attended to by oar Loan Department. Chas. D. Sager 924 Fourteenth St. N.W. NI 5467442065500 | n to bifore me this &b If you have money h mvu!. we can place it on gilt-edge firlt D. C. Mortgages. Our record of 30 years insures your protection. Courte- ous treatment. Percy H. Russell Co. S.W. Cor. 15th & “K” Sts. 1f You Belleve in the United States You Belleve in Washington Seven Per Cent First Mortgage Notes A direct closed first mortgage on highest type income pro- ducing improved Washington property. We recommend these notes as a thoroughly safe and sound in- vestment for your funds. Notes $100—$250 $500—81.000 Three-year maturities—inter- le semi-annually. Southern Building Washington, D, C. 813 15th Bt. N.W. Main 2430 LT TR REAL ESTATE The Foundation of All Values Shrewd investors have been seliing bonds and investing their funds in centrally located businesy properties in various cities throughout the United States. hence the slump in bonds and steady increase in the value of real estate of every description ‘estments vietd- d 10% net in- come with every prospect of increase in value. Quinter, Thomas & Co. Specialists in Real Estate for A Quarter Ceutury SI1D 15th St WL d Higheclass Real Estate m“M’Z’h . Forsue Mon to Loa.n in small and large Cory & Cory, 719 15t St. H.W. Yo B UTOMOBILE |[NSURANCE ECIPROCAL @ » SAVING For the careful driver—the prefer- red or selected risk. If you are in this S class let us explain our plan to you. (1007 - SERVICE Pennsylvania Indemnity Exchange Philadelphia, Pa. Washington Branch Office, 520 Bond Bldg. M. L. Young, Manager AT 8% A limited number of First Trusts while they last. at 8¢c Interest. payable semi- annually. Denominations $1,500, $2,350 & $2.500 Each one secured on a home occupied by the owner. All papers furnished. William P. Irvin 1410 G Street N.W. Phone Main 3908 LT T T T L SRR e SO Power and Ligh THe sBoNDSs of many electric light and power companies are attractive investments. operate without competition and their business has a stability which is the result of the essential character of the service rendered. Ii'¢e recommend the followsng bonds for smuesimeni : Memphis Power & Light Company i1st & Ref. Mortgage 5's, 1948 Louisville Gas & Electric Company 15t & Ref. Mortgage ¢'s, 1952 Northern States Power Company 1st & Ref. Mortgage §'s, 1941 Pennsylvania Power & Light Company ist & Ref. Mortgage 7's, 1941 Kansas City Power & Light Company 1st Mortgage §'s, 1952 1 S e R S —— | Guaranty Company of New York t Bonds » The companies usually Vielding about 5.80% 5.72% 5.96% 6.57% 5.70% WASHINGTON OFFICE: 811 15TH STREET, N.W. Telephone Main 5815 MAIN OPFICE: GUARANTY TRUST COMPANY BUTLDING, 140 BROADWAY, NEW YORK The Cost of Experience 'HE duties involved in the care of estates and trusts are exacting and may cover a span of many years. The officers in our Trust Department have gained knowledge through years of experience in every phase of trust administration. This collective knowledge is at vour command. COMMERCIAL Lzery Banking Service 3 % ov savINGs TRUST 15th and Penna. Ave. Capital and Surplus. $5,400,000.00 HOME SAVINGS BRANCHES 7th and Mass. Aze. Sth and H Sts. N.E. 436 7th St. S.W-. MORTGAGE MONEY 5% and 6% An unlimited amount to loan on desirable hotels, office buildings. apartments or centrally located business properties in Washington, D. (", in amounts of $100,000 and upwa LOW FEES PROMPT ANSWERS EARLY CLOSINGS [SHANNON- & LUCHS| 713 14¢h St. Main 2315 ‘GILTEDGE SECURITIES 7% First Mortgage Notes Secured on Improved D Real Estate \l Appraised by Experts of 35 Years’ Experience Without a Loss Offered in Denominations of $250 and Up A Good Investment. WILL PURCHASE First and Second Trust Notes Warehouse Receipts, and Make Construction Loans National Mortgage & Investment Corporation 811 Vermont Avenue N.W. FIRST MORTGAGE NOTES FOR SALE IN DENOMINATIONS OF 500 DOLLARS AND UPWARDS 157 Connvotisit Soenws We Have a Practically Unlimited Supply of MONEY TO LOAN at 5% % Wm. H. Saunders & Co. 1433 K Street N.W. Ip Copuenient Depomipatiops For Ipuestors Treading on Solid Ground NVESTORS in our First Mortgage 6% Notes are men and women who prefer to tread on solid ground financially. Such customers are interested pre- dominantly in regularity and security of income. They appreciate, after repeated experience, that our Notes pay 6 per cent interest, plus 100 per cent safety. Maintenance of our relations with old customers is a vital element in our busi- ness. In this, our record of more than 58 years without loss to any investor is more weighty than any argument. &HenseyC 727 15 Street NW. . 83 Years Without Loss to an Inuestor