Evening Star Newspaper, April 7, 1923, Page 11

FINANCIAL.' NEW YORK CURB Received by Privats Wire Direct to The Star Ofica. Mmo\lntmd heavy selling and fell nok & point. BY WILLIAM ¥. HEFFERNAN. NEW YORK, April 7.—Today's brief session on the curb exchange | Ot ‘was typical of othes closings of the ‘week's market in that there was no settled tendency one way Or the Other. Realizing sales resulted in gen- erally lower prices in the speculative favorites, but the movement for the most part was confined to fractional limits. Vacuum Oil, which had led the Standard group for several days past, YEW YORK, A 1s an official list o traded in on the New York Curb Mar- ket today: Sales in BONDS, thonsands, igh 1 Allled Packers 14 Deere & Co T4s - 101 1 Detroit City Gas & 100 1 Detroit Edison 1@ 20 Don Tire & Rub 78 TR NN R T I 1o 1 Lowtstille G & E 5o 18 Maracaibo Oil 7a '25 ws 15 Morrls & Co 102 10 Nat Lesther 8" Or Pub Serv, 3 Ohio Power ‘B B lsh 02! i m& o o 2Tn Ry of H 8 Vecuum Ofl FOREIGN BONDS. 4 Argentina s ‘23 !00: 18 King of Nether 10 Yiexio 10 3 3 2 Bepuriie of Peen & Dbty 10 Rasian Govt Shn. 133 2 Bwiss Govt Slas . O T Yo STANDARD OIL 188U] ¥ s 100 Continent 041’ new. 424 T, 1185 80 200 Imp OIl of Can . Ind P L lw Inter' Pet Co lm lia Pet .....154 1a hundreds. 50 Mig Indfan 0il 10 Boston Wyo Ol 20 Calif Pet new 20 Carlh Syna 133 Clties Servies . 3 Cltien Service, ptd iDerb O &Rptwi 80 Enginesrs Pet . J5 Federal 011 ... 185 Sindron. 011 - ] Humphreve O 9 Independ O & G 760 Keystone Range: 18 Lafayette Oil ¥ Liviogston et FE EF EPE * BCC TN e 2 FEFE 49 Mex Ofl ... 10 Mex Panues . .00 40 Midwest Tex Ol 32 Mount Prod . % Matsel 01 ot of e = 8 Santa Fe 0 & G. 0 Sapulps Refln ... €3 Seaboard OF ... 100 Southern P & R 11 Hou States Oil 110 Texon 0f] & La INDUSTRIALS. 19 Acme Coal m G & E new w i n'« az..z_.fi;iassa_a': £ EEF PF 21 Chicago Nipple 4 Chicago Nipple B.. 31 Co Gas & B p) 31 Donfiee & K & nadis xu. 7 Durant Motor # Durant Mot of “Tod lag x;;-<~—-=:fi::: e 5 51 or Mot A pew fer Mot vt w i.. .1 tfin,?l’)ool' Dei ‘69 21 ‘_,% g7sK -v;; £ o—#ma%i—.:-ua-a NP IS PR 4 M Rosend Grai Schulte Suees - 18 & 558 Bl 49539 H st Elec Mfg vis 1 ‘el Taxi Corp N ¥ 140 MINING. . ’fil.l: %Tl—-cdo Prees ria_Globe Copper Mont Corp. 30 M ta & wtllerl: 3 Canarlo 230 r-naehm 139 Gop’ anyon 10 Cork Prov Min [l LI a CELH 280 Tndependen 891 Jme Cons ‘iln 100 Keox Divide 18 Mohican Ohlo _Copper Ray Hercules lnc {53 [Unel has Been posted in U by} o WS }2:}“&"&«: % NEW condition of clearing hou Standard_of Indiana lost a point and Galena Signal, Gulf 1 of P:nntylvnnhd and Prairie Ot} and Gas Stocks llke United Retaill Candy and Chicago Nipple, which had risen n Friday, lost a good part of the gain, whilé pool operations continued more or less active in specialties of the type of Dublier Radlo, Bridge- ort Machine and Inter-Continental ubber. Jib Mining common stock of §1 par value was admitted to trad- iag and was active at and just uader the $1 level. Yukon Alaska Trust certificates and Yukon Gold ‘were the eaders of the mining & m; BRAZILIAN REBELS IN HASTY RETREAT Many Killed When Revolutionaries Raise Siege on Town of Uruguayana. By the Associnted Presw. BUENOS AIRES, April 7.—The Brasilian revolutionaries have been obliged to raise the siege of the town of Uruguayane, losing forty killed and many wounded In the operation, says a dispatch te La Naelon from Paso de Los Libres. The state forces, according to their leaders, lost three killed and ten wounded. Ths correspondent aaserts that the rebels, numbering about 800 men, have retired to Quarahy. where they will seck re-entorcements before re- turning for & new attack. Trenches have been dug around Uruguayans, while barbed wire de- fenses and bags of wool have been placed on the street corners. A sen- church tower. He is {n communication by telephone with headquarters, where eral automobiles filled with’ sol- diers are being held in readines be rushed to any point that may be attacked. The last assault on the town was mude late Thursday night At this time government outposts on other sectors lost contact with the enemy. A tch from Montevideo says that victory for the rebels {s predicted { within sixty days, inasmuch as their |advance is being effected under con- {ditfons which are dafly tmproving. MANIA FOR LAW-MAKING FLAYED BY NEW SENATOR By the Associated Press. DES MOINES, Iowa, April 7—W. N. Ferris, Michigan schooimaster and the first democrat to be elected to the United States Senate from that state In seventy years, told the Towa legislature yesterday that govern- ments long dominated by omme political party were bound to become corrupt and that legislatures in all the states % |should take a ten-year holiday from law king. Senator Ferris took no pains to spare the party feeling on the o r % | Whelmingly republican Towa legisi: | ture. He declared that republican states needed to elect democrats to high office once in & while to keep their own government clean and sweet. “I¢ ‘sl of the forty-eight legisla- tures,” he said. “would take a long vacation it would be mefldmt to the country, I wish some way ocould be found to stop the mania for law-mak- ing.” | WILL BE USED FOR DEBTS. j No Diversion of Mexican Funds in Bank to Other Purpose. NEW YORK., April 7.—Funds de- posited in New York or Mexican banks toward the payment of Mexi- co's obligations in accordance with an agreement made with the inter- national committes of bankers, will be used for that purpose and no other, the financial agency of the Mexican government _announced, denying a rumor to the contrary emanating from London. The agency declared there was no truth In reports that the funds would be diverted to other uses, notably for the rellief of unemployment. Such a problem, it was stated, does not exist in Mexico. DIVIDRND& Stock of v aee ik S ; = eees $1.00 May 10 Apr. lo Q $200 Apr.10 Apr. & May 1 Apr.20 !nvl&lyllfi-.; A Apr 17 Havana Light pf 5 $3.00 May 1§ Lord & Taylor 1st 0 N une Rt Prod: a2 e F3 CLEARING HOUSE REPORT. YORK, April 7.—The actual banks and trust companies for the week shows an excess in reserve of 3$2,.- 276,670. This is a decrease of 3$2,- 622,830, NEW YORK EGG PRICES. NEW YORK, April 7.—Eggs, firm; receipts, 27,624 cases; Pacific coast whites, extras, 36a363; do. firsts to oxu-s firsts, 31a34%. nm BOURSE DULL. 'ARIS, April 7.—Tradi ‘was dull on the Boires today. Ther, var Sut rentes, 57 francs 35 centimes. Ex- changes on_London, 70 franecs, 70 centimes. lflve per cent loan, 74 francs times. The dollar was quoted at li !nnu 14 centimes. BAR SILVER MARKET. April 7.—Bar il Company. Allis-Chalmers . nce per cent. Zall 5-16 8 per cent. Spersd by et deed ot trose Joseph 1. We Have Funds Available for the Purchase minlasion. r d]uan?:n T [ For Sale— 65 % Notes Secured by first deeds of trust on new houses located in a good residential sec- tion of the city. NOTES OF VARIOUS DENOMINATIONS Ready for Immediate Delivery. Gardiner & Dent INC. 717 14th St. NW. Main 4884 EQUITABLE | CILTEDGE MORTGAGES cent, secured’ by D. C. prop- Money to Loan Large Amounts Business and Investment Properties Lowest Rates PROMPT ACTION Co-Operative Building ||| * = Awin || GILT-EEDGE SECURITIES Orgunised 1879 7%, First Mortgage Notes Secured on Improved D. C. Real Estate Appraised by Experts of 35 Years’ Experience Without a Loss [f The man with a bank account 1s always pular. Increase our popularity by saving sye- emsatically and consistently. Subseriptions for the 84th Issue of Stock Belag Recetved . Shares, $2.50 Per Month Offered in Denominations of $250 and Up A Good Investment. WILL PURCHASE First and Second Trust Notes | Warehouse Receipts and Make Construction Loans 915 F 5t. NW. JORN JOY EDSON, President FRANK P. REESIDE, Secy. 811 Vermont Avenue N.W. the government of the District of Columbia consisted of two mu that of Washington and that of Georgstown— and s Oofirt.whhheontrofledthtporflonolthmnflct outside of the two cities of Wasl and Georgetown, and known then as the County of Washington. Agitation against this form of government, started by a committee of one hun- dnddmmmdudtwoynmhtulnthauflondn s And Now fi%flm&pfilmdt&x“& In};;‘ y a public. wth of the District in 54 years m’m':"fid.f power and mtn!flun the National Ccpihl. Swartzell, by the fnancing H""”m&'x’& § Mertgage Nows of thovaonds of wa!flldwhfle Our First M 6% Notes on Washington now, as they were m,tmtmmmmfln investment. .__._ . 2 Swartzell, Rheem-& Hensey Co. 727 15th. Strest, Nogtirwest Washingsem, D. C. §¢ YEARS WITHOUT LOSS TO AN INVESTOR CAPITAL, SURPLUS and UNDIVIDED PROFITS $6,164,215.20 Member American Bankers Association 3% ON SAVINGS MAIN OFFICE HOME 16th St. and Penna. Ave. ' SAVINGS BRANCHES: 7th and Mass. Ave. 8th and H Sts. N. E. 436 Tth B, Wy | o CONDENSED STATEMENT OF CONDITION AT THE CLOSE OF BUSINESS APRIL 3, 1923 tescsssecssa $5,091,918.08 727,183.88 seveses Clerks’ Pénsion Fund—Investment Customers’ Lllbflity Aeewnfr—whrl of Credi Accrued Interest comeooscssaneens 1,095,750.78 Total wesianinihinome s s Lo e s e . $82,866,647.06 National Mortgage & Investment Corporation | 1) Cél)“eviev’rDemwi'yfli@a Fer Ipuestors. First Mortgage Investments 150.1! u:d K Sts. Nw Save and Invest A_professional man's earnings in" direct :roporllnn to his flumy H. lho\ll accumulate SAFE IN- to take the place of (h-( v(u.llly Investments without speculation. These real estate trust notes answer that purpose, They are known to be SAFE INVESTMENTS WITH A WIDE MARGIN OF SECURITY Paying 6 and 6% (PAYABLE SEMI-ANNUALLY) Shannon & Luchs First Trust Notes Built on a Straight Line of Return Not a Fluctuating Value Sold in Denominations of $100, $500, $1,000 FULL INFORMATION MORTGAGE DEPARTMENT, 713 14th St. N.W. THE GREATEST SAFEGUARD WHE‘J you are investing money, the greatest safeguard you can have is - your own common sense, » Common sense tells you that there is'a ¥ definite limit to the earning power of money, and that beyond it is uncertainty, OUR FIRST MORTGAGES —on Improved Washington real estate +are common sense investments, Our first consideration in lending money is abso- .- tute safety of principal and interest. The interest return'is the highest consistent with this policy. H B. Main 2100 F. SAUL CO. 1412 Eye St. N.W.