Evening Star Newspaper, March 23, 1923, Page 29

FIN ANCIAL. LOCAL SECURITIES - SLOW BUT STEADY, Business Chiefly in Odd Lots. .. Earnings of Piggly 8 Wiggly Company. LEMING. local BY I session of the without nsactions were generally an easier Woash- A. stock fea- exchange ture and t in all trend in on Gi was special st amounts, with Lanston stock and ¢ Gener des Gas notes, 1 6s were steady 9Mlz; T Gas lined to 2 102 commor was e extent of forty aded in n at the close ves- Lanston sold same ¥ at The fiscal vear of the Lanston Meno- Wany ended February IS no reports of the s busi ve been made public as vet. The lent of corporation. J. Maury is s ned to his home and zed to speak for him price 651 as at to 634, on La is auth ton aff Attorney for Saunders Bradfc . is the for Mr. Saunders of the Piggly Loent W York eity today giving to brokers and making with shorts caught in Deficit Eliminated. reh 1 £55.763 ned out ime taxes 19, shows paymer of March t o the that it made by r 4, when that it b Harding d it at $2 006, Dividend Declared. ambia Burlesque « Wash i and K + dividend of 10 14 this reuit op s ity paid Piggly Wizgly Earnings. Piggly W v Stores, |1 owed 6 € e 200,000 sharc mon st or $1.34 outstand ounted al dw and two pay 000 shar Dividends pa ade up of andt Decen: spring. being 430,117 ties consisted d notes ba s f the balan 10,000 shares Liherty Bond Commission. New change has rezarding bonds and own commis York Stock bert their BY WILLIAM F. HF NEW YORK exception of one tocks, market March or v the on the andard ove of Kentucky ts before the d block of 1.0 212 point the Declaration of t dividend of $: [ cheek a changing sales hands during reaction. ’n\l reerly selling off a point at one Maracaibo Oil. howe The demand both bonds of this compuny w into the market last week that negotiations were whereby this company 1\ over by other I s renewed. The for stock YORK. March 23 official list of bonds 1 in on the New rket today Salos in v thousand. SATed 10 Alum 10 Am 2 Am s High & new Tt Re 2 Am Roil 4am v S Am Cha e b o, 13 Gulf o LA 41 i ~ Kennecatt « 2 Libby, MoN 9 Louiseillo « 18 Maracn 2 Morris T Nur o 5 Nat Lew 1 National New' Orin Pl § 4 Olio Power 5 Phila Bl 18 P Sers Shasheen ShelT Farms 6 2 Sonthern a1 150Ny a8 0Ny 151 Nonthwest | Trink 0 f Pa & 1, 3 i & F I 3s Co Tiys. .. 1031, K& Suit Ss 1ona, 101 N & o1 of § 216N T8 a3 Mevivo STANDARD 011 1581 Am ol 70 Atiantic T o P, N0 Contl Ol new b Crekcent P L Cumberiand P I, Gl Sig 0il LS at > 0 &R new R 410 1 > o Lur AL 10 Nar 5 Oy 0 Prai T Pra BoNDS 5on i ™ p ool P L. t brokers may | his business Washington Stock Exchange sALEs fe $1.000 a1 100 | y 10 at a0 BONDS. Bid and Asked Prices. UUBLIC CTILITY i s MISCELLANEOUS rper Mg s Rea A& Wax v, & o Ryl A minal Tas ¢ Terwinal Taxi pfe : NATIONAL BANK Oommercia Tistrict Faron Vedera) £ Mo A 250 C 150 200 Serond S Natioual Bank of Washington TRUST COMPANY American Se v & Trust.. Merchants i Nntional Navings and Trost . Tuion Trust Washington Loar Trust Fank. and’ Trust.. VINGS BANK. nmer. Tw e Seventh Tnited States.. Washiogton Mechani FIRE American . Blfemen's. ..o i binaiees ALEBOIon ot o TITLE INSURANCE, Colambia Title.......... Jienl Estate Titie,. .0 MISCELLANEOUS. for & noty Duteh Market con Dutch Market pfd..0. Lanston Monotype. Secnrity W ashing Yellow Cab .. *Ex-divideod. Graphophone coun..... pfd.. Stora 101 Pennock 5 Royal (a Ck Supuipa 25 Seabourd o Santa Fo Retin ot 0 & P& K B Land 10 Turman 0 West States 16 Wilcox 0l & oit tas INDUSTRIALS G Acme 0 Acme Tuck S0 Am Chain L Am Gas & Same s Vam Drug 20 Am Hawaian X S AT A Coof Dol prd & Am Tet Prod 7 Rorden & Bassich Alemite Brit Tnter ] Carp 3 Bhlyn City K R EOROT new w TR BT pd 2 Roddy Bads Sar 1 T cent Rilbon Contrifug Tron T Chieago Nipg G Chie Steol Wheel I Ch ST Wheel pfd Colo Pow & Lt Cheeker i cal 1 Curtien Cuzamel Frait 2 D& W Coal 12 Dubitier ¢ & Radio T Durane Matar 110 Equitable 110 Ford Motor of Can 40 1 Garduer Motor 14 1 Gillette Safete Ttz 2531, Glen Alden Con a1 Goodyear T I8 Gowdyenr Tire pii tGritith, 1w s Guaranty Tr T Fey Chem no& Man iR Corpp wter Contl Knbier L& N new w i iex Coal Motor ortation 10 Onys 16 Penn ¢ & 4 Peerless Mot *Ner X J new w i Prima Radio Co Pyrene Mfg 106 Kudio Corp Corp pfd Tire & Rul S Repetti Candy S Reo Motor Rosenh ) Rep Ry 4 Saguenay P hulte Stores %10 pringfield Bods Motor tor & Swift Intl Timken Axle ¢ Tob Prod Exports. Torbenson Axle Trin Film rhide Un Retail Cands ' in Shoe Mach Corp 1 Un Shoe Mac Co pf. 49 1N Lt & Heat 0 Wayne Coal 1 Woiverine . S 8 Yel Taxi Corp N ¥ 140 ) I I 5 5 ain Corp 4% T ptd 4 B “ A ANTy course would be t NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office. ERNVAN. With the special curb ex- fchange today turned definitely weak. | broke shacply | celine was 000 shares between of the he regular Indiana s Pive Line passed unnoticed. the st. 1 was strong spot among independent oils stocks and s ports way k- sts hich on 1 inder il inter was bid Following and st York Curb 1041, 100 ° 10 1051, 108, 01 Es * dowst | v a0 T4 up | THE EVENING STAR, WASHI U.S. STEEL TOKEEP CANAL SHIP RIGHTS I. C. C. Rules Steamships Are Not Checking Competition on Panama Route. ,sharply and at one time the 7 jcent bonds were up over 10 points, peculative activity in the industrial section again centered in Schulte Re- tail Stores. The stock opened up = | points and established a new high record up to 6% points from the pre- vious close. The report that the r 1y of one of the big tobacco had to do with the sharp advance in Schulte was emphatically denied in official circles. The upward movement in Borden continued, the stock advancing a point | and a half at one time, while Ford ! Motors of Canada 7Tose 7 points. | Others of the motor group held steady with no material change prices. Mining shares lost a good deal of their activity, but with price changes inconsequential. Independence Lead, | however, remained active around fts recent top. Activity in Hilltop Nevada was based on official announcement that development of the Califor- nia property had started per The United States [tion. through its United States Steel Products Com- Pany, may continue to operate steam- ships through the Panama canal, un- der a decision today by the Inter- state Commerce Commission. Although the steel company through subsidiaries owns several railroads Within the United States, some of which handle east and west ship- ments and originate transcontinental freight, the commission held that there was no actual competition be- tween its steamship lines and its rail roud lines possible. The Panama canal act forbids the ownership of steam- ships by railroad companics. which {might use th to reduce competi- Canario {tion in the canal trade {andelaria Min .. | Commis Campbell, with the Chino | coneurrenc, Commissioner Me- chna o { Chord. dissented from the majority o decision. The Elgin, Joliet and Eas Corters Silrer . jern. and the Bessemer and Lake Erie, Cresson Gold two of the corporation’s railroads. Grown Recerve Commissioner Campbell held, origi- Diside Exicns nated and handled a large voiume of Enrska CSroedus transcontinental freight and imight Forzana st be induced to throw @ larger propor- Goldtield Develop. tion of the trafic to the steamships tvtdtield 1y Sines. begiuse of the common ownership cldfield Florence.. The general result of the assoc f‘lf};‘:?:: Agkunt tion between the rail and ship lines R within the structure of the steel cor- i St { poration, he declared, might decreas | the amount of free competition be tween railroads and ships using the canal for transcontinental business teel Corpora- in subsidiary, the new ' MINING A Alas Brit Colo Ariz Globe Copper. Ariz Commere Mine Mg Ledge Rinck Hawk ¢o Butte Weters Roxton Mont Calaveras Cop oner of Tash Hard Wil Top Hoilinzer Homestake Howe Sourd Independ Lead 3 Tron Blossom 4 3 ' Nevada — CRANDALL THEATER Jderome Devel Tumbe xtens Kere Lake La Rose Min Mason Mines Marsh Mines McKin Tar McNamara Cres Der Mohican Cop Nutional Tir New Dominion Cop. Frank L. Wagner Elected Secre- tary—List of Company’s Present Directors. The board of directors of the ¢ dall Theater Company was un mously re-elected the ens year at the annual stockholders mee v in the office of Harry M. Cranda in the Metropolitan building, 934 sireet northwest. Wednesday after- noon. The vacancy the resignation of for Pmerly retary of the company. was filled by the election of Frank L. Wagner, Washington contractor and builder. The complete personnel of the newly elected directorate follows M. Crandall, Capt. C. C. Cal A E. Beitzel, I'eter A. Drury P Morgan, William Henry Nelson B. Bell. Augustus Gum ritz. 1. Hoffman, Howe Totten ank 1. Wagner the monthly meeting lowing the stockholders' present officers of the company were unanimously re-elected to serve another vear. The officers a ry M. Crandall. president; Capt Thoun. v president.” and secretary-treasurer WALL STREET NOTES. CALIFORNIA PEAK WAS REAL e e Ohia Cop Rtay Her Richmond Coppe Sil Mines of Amer TR D Min reorg Kinz Cans xmith Mines Simon Siver So Am Gald & Spearhead (o Stewart Min Superstition Barry Bulkle Mines h Tonopan Tonopah Tono Mont ed Ens ted Ven! Imp Mine Goid End Consal Cta West { ¥pecial Disp NEW ton has for sold foh to The Star YORK. March exchange seat of W been sold_to H. X £31.000. The last x-dividends today rred. American dry new Mount Lassen Draws Hun- et Eriip dreds of Tourists From All Computing and Tabulating. Interna- i Parts of Country. i s T R = preferred. Marland Oil. St. Louis an. outhwestern preferred, Shell Ofl. United_Alloy common Union and Wilson preferred Regular quarterly dividends toda Indiana Pipe Line. New England “uel and British Empire Steel Corpora ion preferred B, Net its of Fairbanks o the year ending 2957960 afrer as compared 1901 York bank New York Allis Chalmers Brake Shoe and ommon and preferred; “Americans are accustomed to think- ing f Unc Sam of because array of {them on the Alaskan peninsula. head jed huge Katmal, and their occur. « in the Hawalian Islands and the " says a b Western o as an o r voleanoes of the 2 Morse & December taxes and with $4.236.87 { " from the b Washington headquarters of the Na- | | o &es tional Geographic New -y h | 00000 e At 282.000.000 New et iserve Bank credl S ton bank clearings ki Yellow Society clearings. $736.- bank balances. York Federal Re- £67.000.000. Bo: $60.0 Cab Company reg: cents Manufact three 50 canism ver not thing. all.” Tne renewal t¥ at Mount Lassen. In north- Wfornia in March empha- sizes the fact that we actually have a | live voleano within the boundaries of ; %13 3¢ states. This | Cen 1e of nature’s most pow- | Yellow Cab ix about 200 miles | Pas declared Francisco and 300 miles | dividends of s 1. May 1 and June 1 ord on the 20th iruption of 1914, month, respectively “When Mount Lassen be. The annual stockholders’ meetin in 1914 it was an_epoch of the Pennsylvania railroad will be for it was first held April 10 at 11 o'clock. in the borders Academy of Music. Philadelphia. The n annual repori. a lease of the Pennsyl- o vania-Detroft railroad and other sub- jects will be submitted for action by - stockholders _— JUMP EIGHT FEET IN AIR. { a far. has de monthly share and the mpany cents, e April to stock of rec- me active naking event voleanic eruption of the United to have taken times Stones rown for half a mile {from the crater. while ashes drifted {for fifteen to twenty miles. Previ- | ously the region had been a sort of Yellowstone. with boiling mud lsprings emitting sulphurous gases fand » few agitated springs that ap- | proach g, in activity {7 “Mount Lassen does not present a lease of a voleano appearing inex- ically in a peaceful countryside. Tt is on the edge of on. of the greatest | jancient lava flc in 1flow which covers Ia noithérn California (ington and Idaho. Upon another edge of the same lava flow is situated Yel- ne National Park, with its near i voleanic phenomena | “On this same flow. farther are the huge volcanic cones. now ex- inct, of Mount Rainfer, Mount Hood and Mount Shasta. The activity re- sponsible for these large peaks and for the extensive flow took place hun dreds of thousands or even millions of vears ago. before the last ice age, The region immediately around Las- sen alone apparently has preserved a jchannel with the deep fires canic Natlonal Park. miles north of Lassen is a c¢ind.r cone from which probably took | place the lates: eruption in the Unit- |ea states before 1914. Traditions among the Indians of the neighbor- | hood tell of a time. believed to have Leen 200 300 years ago. when smoke and cinders beleied forth from | this peak. darkening the sky for days und scallering ashes over a large area. The of trees growing in the crater of this cone indicate, by one interpretation. that there alsn was a slight cruption about 800 years ago. but the America of that day. without telegraph wires and news services. was ignorant of an eruption if one actually took place. Material from one of the eruptions of this vent dammed a small valley. creating a iake in which the standing stumps of | drowned trees still are to be found. |the southern slope of the Caucasus, win 1907, when all volcanic ventsiihey wear long. tight-waisted outer ere believed to be extinct. Lasseni__ rated across the chest and Cinder Cone were set apart asiEarments decorsted Scroes 1he chest small national monuments to serve|% T 1oy Gre large, woolly, brim- as examples of recent volcanic activ- | thelr, hes i A it Since 1914 when it became 5 ir vi S of their villages are as much known: that there was present actiy-, SOme 7 theif NIIAges BIE 8 0080 ity in the region, an area of 125|88 200} ‘B€T FUOTG Colar clifts, and square |nl|les around the craters has| in be reached only by several hours Deen imide. of climbing along zigzag paths. The National Automobile roads c| e been o te houses are built of rough stone stuck have becn constructed from the near- | ¢oOUlEE TR TG " Fhe floors are est railroad station, about forty miles|tegStner Wit © but in many away. and hundreds of tourisis have # e 3 cases are covered with rugs. House visited the region the rises above house in terraces, roofs of the lower one serving as courts for those above. Deep among the higher Daghestan mountains the traveler finds his cal- 'nu're'endar turned back hundreds of vears. going to reverse the practice this|The porthole windows of the houses year when vou make vour garden? have neither glass nor v.ish. Dried Jiggs—I'm going to plant a variety |lhuman hands, the trophies of battle, of weed seeds and see if vegetables|may now and then be found nailed to will come up. a door, in histo nd mud were t Watusi Men Are Marvelous Ath- letes, a Traveler Says. From the Kuosas Cits Star. In a booklet about Urundi. orthwestern corner of the late iman East Africa, and its land people. H. L. Shantz of the fed- eral bureau of plant industry tells of the wonderful Watusi. which consti- tute the dominant race the north Africa. The Watusi men are tall— five feet ten inches to seven feet two inches in height. They are slender, with long faces. aquiline noses and relatively thin lips. Their color is a chocolate brown to almost black. They are clean-faced and usually have shaved heads. Their eyes are is_animated. The Watusi are wonderful athletes, They excel in jumping and are also capable runners. In the high jump. ith a_small termite hill as a start, thev clear a string at a little over ieight feet. They can easily jump over a tall man and over several cat- tle. As bowmen they shoot with te; rific force, but not very accuratel This lack of accuracy may be partly due to direction of attention to their prayer. which is chanted dramatically while they hold the drawn bow. also hold the long spear in the hand which draws the bow. In throwing the spear. which also is done with great force. they are much more curate. sion “A few a age Build Towns on Mountain. From the Kansas Cits Star. 5 They are picturesque, the people of Daghestan, a republic of the soviet ederation. Worth Trying. | ¥rom the New York Sun. Biggs—What do you mean— NGTON, meeting the | Union | of each preceding | territory | Dr. Shantz spent eighteen monthsin | p clear and full of fire and the expres-| They | ac- Like the Georgians on D. C, FRIDAY, MARCH 23 1923. RAILROADS ORDERED T0 REPORT EARNINGS I C. C. Wants to Know About Funds Above 6 Per Cent Returns. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY PITTSBURGH, March 23.— ket for mill feed here is strong today premiums being paid for spot and nearby deliveries, Standard middlings are quoted at a36.00, flour mid- dlings at 37.00a37.50 and spring wheat bran at 3550a36.00. Offerings from mills for nearby deliveries are very | = light. JPERIOR. Wis, March reported here that Henry Ford has purchased two large steamers to aid in transporting motor c: from De- |1 48 to their troit to the head of the lakes. | 1922, ana PORTLAND, Ore., March 23.—Wool | Ment. under Ceanspostation et shearing will start in the Columbia [One-half of amount by which river counties of Oregon and Wash- rnings exceeded a 6 per cent lington within ten days ; .I'vu es value of the investment v 3 cents @ pound have been < % Tdaho, but growers have declined to|Were prescribed. and where earning let go before shearing is over. Of-lin excess of the 6 per cent ‘ro(?v!u {fers in Oregon have risen to 41 cents [ Were securcd, but no payments made {in’ Wallowa county, with 42 bid for |10 (he u-‘fl»‘l-rxlm‘mnM:h't-l <orporatian inkage fleeces vere required to repor > disposi- ERE e e D tion made of the money. Growers to- | ay refused to consider these pric deyretisidifo o 3 Provisions of the transportat {which set 6 per cent on the value PHILADELPHIA. March : pectation of still higher prices, re.|ralroad investment as a fair retu tailers are covering their {standard, subject to commission modi- goods requirements up to July | fication. “ulso” require carriers to in some cases well into the o the Treasury one-half o ces are v n today amount A in excess of a fair re icearazReey i oo ar practically no payments | | he mar- by the re An order | Interstate | auiri iscued today Commerce Commission & all raiiroads to report by May arnings during the year to the gover tion act, was 1t to pay the the over | such e A freturn on the Forms n act ATI . Ga., March 23 Seed|bave been made to the government men and mail order houses deal i {farm supplies are shipping more heav {ily direct to the rural distriets of the | southeast than at any time in two years. MAXWELL MOTOR'S OUTPUT. NEW YORK, March 25.—Current ouiput of the Maxwell Motor Com- ipany is fargely in excess of the man- nts “production schedule for 1923, January’s output of 3,801 cavs comparing with a schedule of 3.4 while in February 3.834 cars produced, against 0 cars In March the tirn ont 5,183 jeved that this figure TRENTON, N. J., Ma | estimated that the stock jremaining on New Jersey farms is 1o per cent of the 19 P, or 2,465,000 bushels . h 231t of potatoes scheduled i CHICAGO, house | today Fre tn P o in better demand though prices are unchanged s are higher. with sur well reduced ng and 1 nned to cars. o be oS BOND ISSUE SOUGHT. put out $400.000 in ought today from the Interstate Commerce Commission by the Leaven worth Terminal and Bridge Company said 1o have paid ax high as 24| Proceeds from the bond issue will he for heavy melting scrap. turned over the Chicago Grea FREGATRATES NEAST = AREDECLARD 15T €. i€ Reports Charges to Seaports Should s e Not Be Reduced. A PITTSBL 3,0 iMarch, 23 pendents have taken business |bars from regular custoners at fbut in the open mar todiy {are reported at $45a847 Billets and | slabs are in the same range. Des Inde n sheet Permission to STATEMENT OF NETHERLANDS INSURANCE COMPANY OF THE HAGUE "HOLLAND of Decemibwr, 19 and A 1011 FHE CONDITION Disie ax required 200,000 00 Investigator K1 70,00 0000 01 D New Engla $01 604 20 214000 =500 00 000000000 upon gland cities New Engiland facturers had aile re complaints o o for | - PENNSY GETS ENGINES. Baldwin Begins Delivery of Large Order. JPHIA motive M Works « - PHILAD Baldwin sun raiiroad units pla Loc has deliveries 1o iva on orders power sinee tof the i e wd it Co-Operative Building Association ignment. The Pennsylvani Organized 1870 424 YEAR COMPLETED 1923 Amneta Surplus monnt to place freigl ding orders both for Comotives. ace ers of cquipment e o EARNS $10.01 PER SHARE. | Diamond Match Company Plans to Retire Bonds. CHICAGO. March 2 the Diamond M were $1.699.475, equal to stock. according to nual r profits in to Systematic Saving nerease g sys- Subscriptions for the 84th Issue of Stock Being Received Shares, $2.50 Per Month EQUITABLE BUILDING 915 F St. N.W. JORN JOV EDSON. President FRANK I’ REESIDE, Secy, ssued otaled 9.8 per In was announced that the prese intention is to retire nearly £6,000.- | 000 of debenture bonds on November 10 next at 103 and interest. A new issue of stock is expected of- ! 4t par to provide whatever funds this operation will require er t what will come from eur resources to be e FOREIGN EXCHANGE. 28, 192312 (Quotations furnished by W 5 pom B Hibbs el & o Nomina g0l valie oy From $100 to 3200 on D. C. estate and household goods or cl tels. 7 per cent interest. .No brol age charged. Come in and let us ex-. ain our of London, peund : Montreal. dallar Parin, franc.. .. Rrussels. franc.. Rerlin, mark Rome.’ lira.. ane drachma peseta method ‘making small ercial Loan & Finance Corporation Room 211, 921 1oth St. N.W. stem Copyrighted & Patent Pending. | Vienna Rudapest Rue. crown Warsaw, mark Copenhagen, crown. . Christiania, crown..., Stockholm, " crowu. . If you have money to invest, we can safely place it on gilt-edge first D. C. Mortgages. Our record of 30 years insures your protection. Courte- ous treatment. Percy H. Russell Co. S.W. Cor. 15th & “K” Sts. 1830 Ts10 By the Associated Press NEW YORK. March 23 —Fore exchanges easy. Quotations United States dollars)—Great ain. demand. 4.69%x: cables, sixty-day bills on banks, France. demand. .0 {0656, italy, demand. Belgium, demand, Germany, demand 0000481 Holland 1.3945: cables. 3845, Norway. demand A508] Sweden. demand S, Den- mark. demand, 1926, Switzerland. de- | mand. 1849 Spaint demand. 1540 Greece, demand. 0110, Poland. de- mand, 000025, Czechoslovakia, de- mand. 0207 Argentina. demand, 3712, Brazil. demand, .1120. Montreal, 97 Gn | Brit- 1.69 16 cables cables, ¢ cables! 000045 demand. | 04897 cables % GERMAN FIRMS FAIL. Steadiness of Marks Causes Drop- ping Off of Orders. BERLIN. March 23.—The continued steadiness of the mark which shows no inclination toward depreciation, causing business firms in Germany considerable difficulties. In conse- quence of this Steadiness trading has been impeded and there has been dropping off of ordera due to the de sire of buyers to place such orde when the exchange is more favorable One well known Berlin company dealing in precious metals has su pended payments. Its liabilities are sald to amount to 4.500.000,000 marks and its aseets 2.500.000.000¢ This fail- | ure is reported to have involved other firms. l The Vossische Zeitung reports from Hamburg the insolvency of several| grain. fodder and cocoa firms. The fall in prices has caused difficulties to a great number of other trading firms | and uneasiness in Hamburg is "l Livermore & Co. Members New York Stock Exchange 823 15th St. N.W. and Wardman Park Hotel a Main 2790 Col. 2000 to be increasing as the possibility becomes lces of these firms finding support. company | o FINANCIAL. Money to Loan Becured by first deed of trust on resl estate Prevailing_interest ard commiy Joseph 1. Weller i Tras dg., 9ta & ¥ a.w 325,000 | LIFE INSURANCE $26 a Month, Age 30 Easy Monthly Pusments curity, $250.000,000 M. LE ROY GOFF = “BeforeYon Iuvest. INVESTIGATE™ £28 PER YEAR I< the Income from £300 in 3'.7% Liberty Bonds $658 in 4,7 Liberty Bonds in 67 Bonds or Mortgage [{3 9, 99 Don’t Buy Where your funds Invest 3 N $100 in 77 Bonds or Mortgage Notes smiss from your dct mind the thought of any losses We have on hand limited number of notes in amounts of $250 Up to $5,000 Beari (Interest semi-annually) Or $250 IN DISTRICT GUARANTY CCORPORATION UNITS (Dividends payable quarterly) WilliamBWestlake FISCAL ACENT Washington---D.C. 728-~15">St.nw. Tel.Main 6718 Chas. D. Sager Loan Dept. M. 36 v afety for Valuables There is only one safety of your valuables put them under loc possible fire or theft to ine that is to and key—away from and The cost of a SAF this Bank SO sma afford to rent one to documents and other DEPOSIT BOX hat cverybody afeguard important valuable paper can A box at our Uptown Bank will be especially convenient for husiness men in that neighbor hood Large, roon year and up. boxc:—$3.00 per Second National Bank “The Bank of Utmost Service” 509 Seventh Street N.W. 1333 G Street N.W. _ Dean, Onativia & Co. Stock Exchange Building New York COTTON GRAINS COFFEE SUGAR STOCKS and BONDS MEMBERS: N. Y. Cotton Exchange Chicago Board of Trade X. Y. Produce Exchange Minneapolis Chamber of New York Stock Exchange Chicago Stock Exchange Associate Members of New York Curb Association Commerce WASHINGTON OFFICE: Main Floor, Woodward Building Office Open Until 5:30 P.M. Phone Main 2040 JOHN CALLAN O'LAUGHLIN CHARLES R. ALLEY Manager Assistant Manager Washington's Oldest National Bank Service, Plus ‘ Washington's Oldest National Bank has achieved its success and prestige through steadfast adher- ence to the policy of always doing a little more for depositors than is commonly expected. In short, giv- ing SERVICE, PLUS. “Connection with such a bank will work to your advantage—let us get Organized in 181 acquainted. Our Savings Dept. Pays 3 National Metropolitan Bank Capital, Surplus & Undivided Profits Over $1,700,000 15th St., Opposite U. S. Treasury—109 Years Old o Compaund Interest 1923—THE MORTGAGE YEAR TALLING RATES. and the lower return high-grade cemphasize offered securitics. sharply the desirability of FIRST MORTGAGES investment by new issues cvery day more as income Investors of experience are steadily theit holdings in thesc of the increasing fundamental Qwver a sccuritics Quarter because vield, absolute safcty market fluctuations. Our First Mortgages amounts from $250.00 up. resents a conservative loan on improved Washington real estate. comparatively higher and frecdom from of a Century arc available n Without Every one rep- a Loss F. SANL €O. 2 St. N.W, B. Main 2100,