Evening Star Newspaper, April 9, 1923, Page 25

FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, MONDAY, APRIL 9, 1923. NEW CONTROLLER | [comsoprrs ~ews | |FORD MAKES 6463 | . seomvmomms masia. | GHESAPEAKE & OHIO R T at the close of 1922 available for com- Alliance Hea| mon ] nds or N WIRED STAR FROM AUTOMOBILES IN DAY ::’u‘fm«,;. ;.’...;a,.m W ¥ NET INCOME GAINS m,:._".".h.;:',""‘."..m'.‘:‘:‘::s‘:m T AT N 1™ | If you have money to alcan Detinning a share, in 1921. This im- | 3% September f. 5 . - L ) el | 4148 Sep et I i ENTIRE COUNTRY e Vi Belhag % g iough Sperating ssamombun am an | 11 TCHe = 1 e b o ietes o New Plant Record Indicates Total | 4merican ,','}','Q;'M Annual Report Shows Earnings of | increase in income from sources out- | 1323 Jiarch, 15 0f G © 1or% M Our CLEVELAND, April 9.—The F. B. & ATSHetal Cammtpuear of 3 side of ralirond operation SEbtenier D. C ortgages. Stearns Motor Company has started of 1,700,000 Cars May Be g teel, v o $10.06 Per Share, Against AT e i 5, s, 1 record of 30 years émure, : ; conatruction on & new plant in which Reached This Year. et Wi - BE: 4 o $6.67 in 1921, clation, which for some 3 | A1 Demta s - wi |f your protection. Courte- Interest in Policy on ‘Branch|it win make a new mode] six-crlinder ird Mo . i maintained free trade scho ; B0 S ous treatment. car, in addition to its present six. Cor, L. R S n : o foE : ; PR T i April 16 ; o D e e tau Haaa acnania. 20 o Banking—Railway Com- ATLANTA, April §.—The Ford an.|STocs Bommten fo he suar. : Y Ge .13| RICHMOND, Va, Aprii 9.—rne|D8S now established schoo ',,;,,',”';L Percy H. Russell Co. . sembling plan s being enlarged o Al B-SBrenking | Of LARHE O <+ 181 forty-fitth annual report of theland paperhanging and iron and brass | steam. 5 S.W. Cor. 15th & “K” Sts. mon’s Sharp Gain. fo turn out ,un (dr; aily. Ul’l:jw&;r;‘tfir;’nulomoblle production records has | frent Sorhern e, Qeev - 2 130 | Chesapeake and Ohio Rallway Com- | molding many 168 furna four thousand Fords were s lost its thrill for Detroiters, vet the . 8 abler D - e G T s this plant in the last six months against | 9.000 for the similar period last year. |I€W high output of 6.453 cars at the | yglina Pipe Line q. “iveeieeoi.. 200 road under the control of H. E. Hunt- o Go { The Ford Company today is contemplat- | Ford plant in one day in the last | b o ek al e = ol & BY LA BUAIN Ui estublighment. of another DIant ot | week, compared with 2,300 on the | Miering Frduts! o S L’;g;“;t;";: P el Henry M. Dawes, who will succeed | Charlotte, N. C. SCina AreliaRt Yeme: Elvey Bome e . P D. R, Crissinger as controller of the [ o ARt B Ry W M e ot DIVIDENDS. | shows an increase of 55 per cent in currency when the latter moves ubjare shipping tw to fifteen carloads e P . |a group of Cleveland financiers, 0 M 8 present. Pe Pay Stock of | t ; Feders ve Board as vberries no om Tangipahoa o ;i o | Compans . Rate g 4 come o ['] W I T to the Federal v Board strawberries north from Tangips 1t seama likely that Ford will turn pans riod. Tate, abie net income over the previous year. 0 a on ows ston | district e d ¢ shipments : A Gl pf...." X Ma. .13 | After_payment of the one_quarteriy governor. is expected in Washin, day s out 1,700,000 cars this yea The. April - e e the highest prices ever schedule’ provides for approximately j i’y : ~L 3 : Al e et coviea, Dry weather [ bnaty nesdedl | $56505'eubs Bur'halis SR (ool | £ b At Ao When Invested in Our 6% First Mortgages o W or the e olle ¢ill] AMERIC a., April 9.—Hogs are | o whether the new controller will |, JMECE UG S5 Ao i Srcrion | 251y WL toach 180,000 thic moth. RYTT— 1 We Have Funds vilow in the steps of his predeces-fin carload lots to packing houses In \goue"quarter with the largest produc. | (Quotatious furnished by Redmond & in the matter of b h bank- | Havana, Cuba. tion for any L ~Noon. o o y three months in the com ! - \ permitting nutional banks 10 | gn 1001, Ap§.—Resumption of |PANY'E history. while Hunb sutes 107 | stminum co. of L Available for [ JUIPER our Investment Savings 10 establish branches i city where | building operations on the largest .@,,le[ the last three months were near Aluminum Co. of A the : | ever known in this section has revived | double thuse for any previous quar- | om0 e 9 $ 699.19 Plan all partial payments earn 612% i : ' the Purchase E _ | the demand for lumber of all kinds here | teT- 87 iy permitting na- | {06 qemand : America & Tel. 6 Clod “ 1,661.07 interest, compounded every 10 months. o1 ppresofr. g —sutesmen ars| GENERAL MOTORS SALES |’ T 3 298261 Take advantage of the attractive tax-free nd thed complaining today over the falling off L setion 5 demand for lumber. This s ex- UP IN FIRST QUARTER :‘ Bt & Co Te 1030 7 i : i 4,803.13 features of these First Mortgage Invest- o ,‘.uypluthl by the fact that yards here nen = ¢ PYOP-liocked heavily in .hmuu'r\' and Feb- NEW YORK April 9.—The General . gty % ment: i nams 1d in March bad weather pre- | Motors Corporation sold w total of | (amd 0 o 3 7,310.20 s and safeguard yourself with our 'acifl activities * Pine, | 170,622 cars and trunks i the first | Central, AL : | ; 10,761.76 record of no loss to any inwvestor in 50 years. quarter of the current vear. the sal in March alone amounting to 69411 L e < o 15,514.80 cles, or at the rate of §40,000 an- T 108 f g i i - nually. It iy estimated in an analy- | Geed Northen T 103 f . Call, write or phone (Main 6464) for a INDIANAPOLIS, Ind.. April 9.—Soil | sis published in pamphlet form by et B domaslllll 22,060.64 conditions in Indiana are excellent to- | Dominick & Dominick and Laird, Bis- & 0l 3t CIR: 3 = free copy of our new booklet: “How to day, b sht freezes have prevented sell & Meeds that the corporation ! derable amount of farm work. | net earnings for the first three months 7% 10 sk ; g » Wheat is In Door condition. |of 1925 exmrelon ois ean oo Manths | Litby, Mexe : Build an Independent Income. annual rate of $74,000,000 Mo A A"'- '; Address Box 30-Y, Shr i ki ! LUHICAGO, April 9.—The new Inland | “'pjerre 5. du Pont, chairman of the 3 Y 8§ iny mill is working at tob | corporation, is quoted in the pamphlet | S f ' - b ay; and the Gary mills are|ay saying that 1t blants are up 1o | Sears Kol 2 ; | Booked ‘so far 'in advance that con- | 3iee“and. in good. condition and the | S culit, : b e tinuous record runs are in prospect. | compans’s working capital tx sufficient | Lidewater O 6oy JOSOOR 7/C TN 141 [0} ¥ G i OId iron and steel prices have fallen | for present production. Tha Iatest | Whorer Uaivn o5 1056~ 7 M i CFounded 1873 50 cents to §$1 a ton, "rliygax‘x S |||llllunu- that the company h Westinghouse E. & M. s 1931 . 7 18 s | 0,000 employes on its puy rolls and LING, W. Vi, April 9.—The | 10000 embloves on it s’ vl and FIRST MORTGAGE INVESTMENTS \xvhlu Ot AmesiCi RheRT deaters aonial e s CUBAN SUGAR CROP. i Fitte Compand i B | ST e e R &y P 14141416 EYE STREET, N. W. -ating at $0 per cent of ca- wwril v has now increased output to a | LIVERPOOL €0 2 production ~ of the present . Cuban ste wbd Mouseheld geods or ol 100 per cent schedule LIVERPOOL, A, ) i crop is placed at 6,131,429 sacks, bt Eme T W e 1 8no the equivalent of i 5. in | @ pain our imeth mall ! oS g0 but business was mod- 1 plain CHICAGO. April 9.—Sears, Roebuck = e s -1 4n estimate just issued by Gen. Pedro & ittribute the fact that sales|Sesrs foile ,‘“,',,"' mindune. T;.(.m s S Domv;::!fll}fln"tflunu c-rcnllu NO LOSS TO ANY INVESTOR IN 50 YEARS last _month have been the ! 1g'06 Jou i 3 and labor. One hundred and S N AL NNt {since 1920 to the fact that com- P e g T Mty active mills are included in the - modities handled have not advanced in | {300 | 1031 orinary. AR0L | Hales ¢ price to the same extent noticeable In | raceipts, 13,000 bales ineludine 11 aho other standard lines. American. _ Futures closed ady 3 A ol st e £ - . . April, $ May, 15.65; 5 company at Tarar RYSTAL SPRINGS, Miss, April 9. , Ma ; 5 s 5 R e S > st carloud shipments of vege. | (ctober, 14 09; Janua .59, Washington's Oldest National Bank on their way north today 1 o ETETET —_——— 3 e a -0 . < truck-growing section. The | 1t T O T e a T, b | e e » | The National City Bank of New York i b0 S SRR T e Individual Initiative o 000 plant at Texas City will be completed in time to handle & B : - —Will ever remain the mainsprin i i BRITISH IMPORTERS |[pxEiol dheis a8 ‘Suhan, crop : =N to personal achievement, yctpthagt Flie iyl Bamches ! ||| | fact does not discount the advan- s : HEAVY SUGAR BUYERS tages of having a good bank, back CABITAL Condensed Statement of Condition as of April 3, 1923 yne aen e - Money to Loan ffi 8 (R L LT f o neavy pur y i f gtiyoe SURPLUS * ASSETS of Cuban sugar in the and market. A sale of 150,000 tons | SeUTE by frst deed ot trust on real estate. s fLet us know you and your particu- ! orts et Vs s Joseph L Weller 2 wasn L& T lar business problems—*‘Metropoli- | CASH in Vault and in Federal Reserve Bank .§ 86,029,088.28 foin of fore than 223,000 between | " Ghe thrce latost Euban coeteats i @ tan” facilities are freely at the dis- | UNDIVIDED Due from Banks, Bankers and United States R e 5 close show additional production | : | Treasurer . . . - _7532260664 $161,351,694.92 b e s ]; osal of every depositor—small or PROFITS —15,322/606.04 3161, Sl Setimats ot Ias00 e T evinus Gll - I EDG ]Par e P salli | ’ Loans, Discounts and Acceptances of Other Banks 495,835,846.96 Organized in 1814 ge. $90,984,337.73 United States Government and Other Bonds .$145,105,499.98 BIG ]UMP INDICATED DRAGGED DOWN BY NET. MORTGAGES Our Savfngs Defit. pays 30/0 Comfiauml Interest cs,‘:‘nk;h;‘g{‘f,‘,t“‘,’::g;fiafi‘;mnz Camofl'nm; 3;233;23{]’;83 156,155,409.98 IN GRAIN EXPORTS! e for sale, amounts $200 up, pay- | Bank Buildings . . SR 13,031,843.20 | Fishermen Drawn Into Creek Cur- aMe( momhl(»l' 'to 3[;:!11. 19 per N o kg Items in Transit with Branches . s 2,568,919.32 S o il cent, secured by D. C. prop- Customers’ Liability Account of Acceptanc Bin 34,234,304.82 ; rent and Swept Away. : a ana e 0p0 l an an Commerce Department Shows Gains| oRoNTO, April 8—A net loaded ite and represental Other Assets , . . e . __1,087,905.39 in Batley, Corn, Oats, Rye | Wik pulled Herberdsullivan and .| will call. “Address Box 23- H, Capital, Surplus & Undivided Profits Over $1,700,000 TOTAL . . . B sesteridi and thelr Dodics Were swept | Star office. 15th St., Opposite U. S. Treasury—109 Years Old The men were standi - [ — vamint i ARt | “When Investing” LIABILITIES T Con . e ) Congiger Firat = o RS SRR - - .$40,000,000.00 atety, States last week amounted to 4.144.- ERIE ORDERS 1,000 CARS. Surplus . e o e . . . 4500000000 Second, the rate of Teta yous Ufivnded o s s . . 50984337.73 $ 90,984,337.73 000 bushels ed with 3.49( YOUNGSTOWN, Ohio, April 9 (Spe- earnings will yie S —_— R e oe AR e e D U Il Investing to vantage Dagosita .- il it 651,682.356.66 sl cuon ng the week were| Company has been awarded a con- | AT R“e to Ftd"“f ‘g’;:‘"BB“l“’; AR R gEro0 Sono 000 ks sreis o R ac ia 1, T ded safety. S ' 2 . cceptances of Other Banks and Foreign s R e et e e 1 e e oo ona | @ena for full information With the security of 79 interest. Sold with our Endorsement . s 53,731,395.52 ! ¥ ; 5 < concerning our L Acceptances Outstanding as Per Contra . .$ 34,234,304.82 S gondolas was given to the Standard There is absolutely nothing speculative in these Anticipated by Customers . . . . 2201222.74 36,435.527.56 Steel Car Company an®l the Pressed | ~ 2 teel Car Company will build 1,000 | 7% ! First Trust- Real Estate Notes we are offering. Circulation box cars weel s compare s ¥ o e i - 2,124,195.00 he s BRI Fi M 3 Real Estate is one security alone of all others that Bonds Ba{n-ow:d B e e = 1,958,000.00 the Commerce De- e irst orlgage | is solid and substantial, safe and secure. But Reserves for: .- | i ¥ Accrued Interest and Unearned Discount$ 2807.968.27 bushels, ag: | Washington Stock Exchange|y,vestments in Amounts | in addition to the colldteral protection you have our Head Ofice Taxes and Accrued Expenses, ct cetera . 5.148,682.84 o0, oonele ngaingt SAL i £ $250 U 000 assurance—and no investor in these Trusts lhrough | 55 Wall Street Contingencies . . . . . . 5,393,551.01 350.202.12 i houbuLnel: U] American Securits and Trust Co.—1 at 32 of $! pto $5, us has ever lost a penny—or been disappointed in New York TOTAL . T $864266014.59 "”"”’*‘{ b o eetore Stk Cofiaction remitted | the fraction of a per cent in the return. i DEIVIAND frolst ::‘ ..--‘f. % L:n'm‘"g:': :,. the dayidus: They jac Trustsdon]properltlv‘we know all and can con lent! vouc! or. No othel' ACTIVE. |wiritnientas il ool Chas. D. Sager || y entertained in this office. a Po {2 V5. & Elec. 45—3$10,000 924 14th S New Florida Potatoes and West In me—— 2 Loan Dept. M. 36. If you have any money lying idle—from $100 dies Onions Also Sell Well. | Money—Call loans, 5 and 6 per cent. i — = up—you can buy these First Trusts. You dont i ! BONDS, { ; ateh to The Star. { . have to take the full amount—it can be partitioned i i sl i ”’!": Bid and Asked Prices. EQUITABLE | to meet your wishes. ;:ff,‘,"‘!'{‘. : . "“"l“‘\'" ]“;" ! reBLic vnuTy. If you will consult our Mr. Phelps he will go wdition met an ac e dem: B sked. | 3 C H i o i Co-Operative Building ||| oda a dilroad pie as!? X T . 48, . . v'!” ilr ‘u. pier ; : v—.-:.‘,g.,"i'-'q s, into details with you. at the stores of the commissio -1 Am. Tel. ic iati e commissionimev- | & Lo = Association chants, . i Receipts of barreled apples were | Anacostia a i Coomhn . . i ree carloads oeing |- & P T} - 43a YEAR com:mm;'u Insurance is ; subject that should be marke: acked ac I\H\' g " ssets ¢ 3 A e L o || e W T 54 Years Ago lj\ h Baldwins ranged Systematic Saving without obligation. barrel and | The man with a bank account 18 always popular. Increase . Ga, 05 | 5 d and sold | pot; £ 3 i our popularity by saving sys- during President Grant's adminjistration, Alexander R. Shepherd at from .60 to per crate of abo ’ A St V. Bs... Pt FOUEDODRIRINLY. DY ! 1 g i " i 1 x P fifty pounds. il ‘:115; .t\x"' P o tematically and consistently. 0SS e pS undertook the rehabilitation of the Capital of the Nation, the T doubler | Washington / : ' Subscriptions for the Home of Homes, condition of which at that time was described as deplorable and considered a disgrace to the American people. In less than = % o e i e ion G iege: - % 84th Issue of Stock ' = !ymdl\ » 2. 14.00, and No. | \ash, Hws 5 SO90N s 1417 K Street. Phone Main 4340. three years, under Shepherd’s leadership, the District ivas trans- 01d erop whit Being Recelved i s formed, redeemed and given beauty for ugliness and wealth for prroximately 4nn§' ns from the | the market |zl(]l st Sy v \HQCFLLAVZOU! ' The demand. w D.,C, Taper Mre. g . 8 Shares, $2.50 Per Month poverty. 150-pound_sack white, round long) .. bringing from ° D98 SRSt g K e R EQUITABLE BUILDING { Wardman Park Hotel 6. MILEAGE ORDER PROBE | STOCKS. - 915 F St. N.W. i PUBLIC UTXHTY JOHN JOY EDSON, President IS ORDERED BY I. C. C. i‘\"‘?;',%';'."zol"(:“ e ] T — And Now First Mortgage Loans INVESTMENTS Action of Alabama Public Service R Commission to Be Review, Sriewed Lowest Rates of Interest and Commisslon Prompt Action Thomas J. Fisher & Company, Inc. Washington, from a mediocre state. enjoys prominence as one o orders of the | capi s ¢ % 2 aditly ! : - s Public Service Commission |Gaicnis’ s s 738 15th Streat. d | of the world centers. Beautiful, rich-growing, its real estate Tequiring railroads to sell 1,000 mile | Commerciai’ 1 bilized by the se: f Gov B g al those : values, stabilize: y the seat o overnment, appeal to those passenger mileage books for § as | District .. HE bo i 0 A S = ordered today hy the Intersts om. | Farmers & 3fe B 260 man who_invests $250 or more who wish to invest in First Mortgage Notes on safeguarded ‘ Federal-American - < | Liberty . in our 6%% property. ating in_Alabama, the commission's ! pioen> : notice said, complained t the Ala- | National ¢ - : fat rer half a o s hama commission’s order in this mat- | Riggs 5 9 g These Notes have been safe for over half a century, o 5 Dussenger service comstitnted A dise | Natossi Hank FIRST MORTGAGES crimination sgainst interstate come TRUST COMPANT Y & - Coutinental Trus 2 | Merchants’ Bank . T 130 lvermore realizes that his principal is safe and U. S. APPROVES FRONTIER. |y | Quarter PEIBCIP National Sav. & : i Union Tru: 145 the income sure, usually becomes a regu- e | Washington e f > " " of a . WARSAW, April 9.—Hugh S. Gib- BAVIN § lar customer and stays with us. Start som, the Amerloan minister, yoster- | o v berinn ok i 5 i ; : wartzell. Rheem & Hensey Co. day delivered to the Polish govern- | gacr Washingt Century this thrift habit today. it i 5 L S ment a note dated Washington, April | Security smnn and Com. 255 i ] - o 5. taking cognizance of the déclsion |Seventh Stre i Without 727'15th Street Northwest ot “tho" Counchl "of ambassadors tor. | Caiied Statea. 2 { Washington, D. C. mally recognizing Poland’s eastern | Washington frongier as now established. FIRE INSURANCE. | a Loss. 3 — American ... Members New York The allied council of ambassadors o 225 2 n the middle of March settled the | Firemens 1] Stock Exchange s Russo-Polish frontier question ‘The | National Union, 823 15th St. N.W. B. F. SAUL CO. Vilna district and eastern Galicia TITL® INSURANCE, and Wardman Park Hotel o E gasabegh in Washington. merce Commission. Railro; 54. YEARS WITHOUT LOSS TO AN INVESTOR were attached to Poland by the am- b Columbia_Title.. Eeesdas Keal Estate Title. MISCELLANEOUS. MEXICO EXPELS AMERICAN. | coumbia Graphophone. MEXICO CITY, April 9.—An Ameri- U“"""}; Geaphoohono n, oficially described as Dr. Arthur | iy, 2 ilbourne, has been arrested and or- | Mergenthaler Linotype dered expelled from the country un-|0ld Dutch Market com. der article 33 of the comstitution as !Old Dutch Market ptd. “a pernicious foreigner.” His activi- | Lanston Monotype. ties in Tabasco are said to have been responsible for the government's or- der. i 7 Main 2100 * 1412'Eye St. NW. =883 W382.., 3 IR