Evening Star Newspaper, April 18, 1923, Page 26

6 » ROCKISLAND HAS BIG SURPLUS FUND Annual Report Shows Very Successful Year—Praise for Transportation Act. By the Associated Press. CHICAGO, April 1S.—Although as- serting it was handicapped by adverse conditions, the Chicago, Rock Island and Pacific Railway Company. en- bracing ten railroads known as the “Rock Tsland lines,” in its forty-third annual | report for the ended Decer . today. d\‘\'l red the c had made very “sati: ctory showing” cicated a balance of Income avallable ‘or dividends o 5 atter vasment of charges on lln al de public dividends ounted aid. leaving a sur which was credited ! a1l Tall o profit and Ic shop cond:tion: which and cond methods that the strike, n Tock Island would be able with a ou instend ¢ etaining the was ng the * listed in the re- ia detail the As u resulc from new adupted to meet teed that the cventuali rates its lines tely 9.500 tormerly conmpan s of puolic reg- affecting the property 1§ what 1t o upou which t vort swid illowed to conduct such a mauner that ¥ 10 keep demands oi Lie effect of the coal April_until October, the report was felt severcly, the incrcased fuel bl in ounting to 3.0z cause of the strike Lose sht v was asori ates ord meric Cu erect of estimated es in n of freight Washington Stock Exchange |eeu: Capital Travior - Bid and Asked Prices. PUBLIC UTILITY. B \nacostia & Potom . & P. Telephoue 5 . & . Telephone of 1 apital Traction R. " jket tod 5% | Some_quoted B T et | S.W. STRAUS & G 0 lult. & Annap. Warhington Gas Washington Gus & : " Wash. Towy. & Free Lt Wash, . D. C. Paper Mj Kizgs Rr STOCKS. PUBLIC UTILITY American Tl & Telg tupital Trariion Washiigton Gas . Norfolx & Wash. Ste NATIONAL BANK Coutinental Trus Merchants' Bank . Union Trust.. =t Waso. Loan & Trost.. SAVIN Commerie and Suvings.... Kaet Washington.. “istep further a {ing Attorney General Se; Aoy o ol f)um‘ Market com.. Old Duteh Market prd Tanston Monotspe Securlty Storage. hington Muric How *ab.. “Ex divldesd. DIVIDENDS. A Compuny Brans. Balke. Coll’ Checker Cab Part A A b July 16 Oct. 15 May 20 July 20 July 20 SHORT-TERM SECTRITIES, (Quotations furaisbed by Hedmond & Co.) American Cotton Oif American Sugar 6s Anierican Tel. & Tel. fi: iugd. 100 Anaconda Copper Anglo-Amerlcan 01 Assc. Simmons Hdw. Cilicago Tl Du Pont l,. 1931 Goodyear T. & R. ool Northern s 1o Peona. R. R. 7s 193 &t Pagl Uuion Depot Blas Roebuck & Co. Standard ONl of Callt. T 168 Tidewster Oll 6130 1531 08%% o7 Westorn Daton M'M 1038, um. tinghouse E. & *and in- 00U be ! 1 FOR MOTIVE POWER, | 7Wmmmms - the cabinet meci'ng. The call of Mr.| ‘ithat Stock of | Reeord May Bi pr. 251 i1 0145 | ers on raw sugar. Senator Wadsworth | ‘| President CIAL. THE EVENING MARKETS TO USE DAYLIGHT SAVING | New Schedule Goes Into Effect on ) April 30—Clocks to Be Company | plant are proceeding at tep speed Advanced. today. The company is employing | 4300 men and will increase this to] 5.000 by July. The plant is working | By on orders for the Chandler, Cleveland, i Chevrolet and Peerless automobile companies. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY CLEVELAND, April tions at the Fisher Body sociated Press. " YORK. April 18—The princi- ral financial and commodity markets - will operate on “day- time beginning Monday. DENVER, Aprit The eclocks where such department ctores report today an average increase of N0 per cent the volume of business during year so far, as compared with Mail orders’ account for a consic able proportion of this increase. The DenveriAprii 30. umuln before. 1 In New Y fected are th solidated. curk {and produce ¢ April 18.—It_is|OPen at 10 am. production today | ©3Cept coifee and s of the March |t 10:30 and 10:15, < ihis tonnage, | close With the rest anagers say they are n The other lurge markets which will hampered Ly labor short- -hedule are_the or on @ ten-hour day is still and the .06 Delow the peak wages of 1920. Their busi- York cotton, coffe ar = All of these PITTSBURGH. P ose at 3 p.m | estimated that stee is running in exc cord. While hand but respectively, Orleans cotten ness hou of New TO PLAN YORKTOWN PARK. W, Yorl the Va. April 15.- Laughlin_plant of | tthe Ameri Sheet and Tin_ Plate ! {Company have heen reduced 31 per Igem The plant bad becn operating in full, (l]uhll‘.vl JWN. Onio. April oduction lf\(’d\ is ru ning at a record hundred | {and sixteen of the ! t e active 18.— sion of Three on Preliminaries. Weelks has appointed Se- . ‘Newton Sieel pauy will ce new mills at Newton. Olio. in tion within the jmonth. giving the district 120 EQUITABLE Co-Operative Building Associaticn PORTT A b0 com- for 15,000 fo. export Anncix Surplus Savings Wlth BestA . April 18, —2 su of the large t they wili be ¢ affected by the big jump i : de by the large concer jably i advance of the init {but unless the price 1 turts, r canners in the San » bay district will not oper 84th Issue of Stock Being Reecived Shares, $2.50 Per Month EQUITABLE BUILDING 915 F St. N.W. JOHN JOY LDSON, President FRANK P, REL OKLAHOMA CITY. on planting has vell throughout the ;this state and wll | \Within the next weeh Mercantile and Industrial Loans MErcaNTILE and Industrial Corporations with real estate assets and a consistent record of past earnings can profitably borrowfundsunderourin- dustrial plan of finance, the earningsof thebusiness repay- ing the loan out of future profits. We prefer loans of $200,000 and up. Write for special literature explaining how | BOSTON. April Che plants jthe Amcrican iiano Company are {operating «t iull capacity. and salcs | GF the Ampico mods! are running ver theuvy ot ‘REFINED SUGAR NOW HIGHEST IN3 YEARS* ¥ the Aswrciated Pres. | YORK, April 15.—New high ||t jrecords for the past three vears were | borrowers can save money by iestablished in the refined sugar mar- | borrowing under the Straus when leading refiners ad | Plan. Ask for prices 10 to 20 points. | % fine granulated as high ! |j BOOKLET L ponna. Junp | : to the continged strencih of vanced list 900 per Incorporaieé. Ofrces o 4o Cities. Eatablished 1883 | STRAUS BUILDING i 565 Fifth Ave. New York 41 years without loss to any investor S.W.S.&0Co. +*|NEW HIGH RECORD ®1023 50,107 Locomotives in Service on, = Amejican Railroads—Other ]Fu-st Mortgage Loans Ticker Sparks. Prompt Actien Thonus J. 783 15th B ! By the Assoriaivd Press NEW YORK er of new I April —Mc railroads ive pow- reached a April 1. when Al Property Owners Attention! 1T vour Rental Prop- erties are not producing the best results we sug gest vou consult us. We specialize in RENTS wwmmmeme. American on The previous hlgh was 30.003 locomotives, on July | public maturin ilroad. and 1 Londs total utility durin this month and | last year. Mortgage Loans 1412 Eye St. N.W. The Department of Phone Mai 2100 conference | —— i between President Harding and .\cL»IB our. ! 3 ves- {terday forwarded to the President a | Tyom $100 to $300 on D. C. report on the departmen nquiry up ! --l‘te_’-nd household goods or chat o i to that time, and it was considercd at | ‘per. cant_ intarese. o charged. ain our methoi of making small loans. Commercial Loan & ¥ Vhite House, interoreted { Seymour at the was generally as meaning | there had beea additional de-| | velopments. i i today Room 211. 821 15th System Copyrightod & P i Wadsworth Sees President. Senator Wadsworth, republ i York, also discussed the s tion with the President, observations made by recent visit to Cuba, Jamaici, and|JOS Panama. He said his study of condi- | tions in Cuba had convinced him that | production there this year would be | about 20 per cent below normal. This condition, Senator Wadsworth said, was due first to tie low pri which prevailed lust vear and which caused the Cuban planters to neglect their crop. and, second, to drought in ! the island. The normal Cuban crop is about 4.500.000 tons, but the sepator declared his discussions with plant- ers led him to belleve not more than! 3,500,000 would be produced this year. Prices realized by the Cuban plant- .\'c\\" sar ques- Lresenting | him auring a| Money te Loan Prevailing interest and commission. epb 1. Weller Shves & i | Il Livermore & Co. Members New York Stock Exchange 823 l5th St N W. erdmm Plrlz Hotel reported, averaged at present about 53% cents per pound, as compared to 3 cents a pound received three or four months ago. It was learned also today that the and Attorney General Daugherty, who is ill at Asheville, N. C., have had several long-distance telephone conversations, during which the sugar question was discussed. A final course of actiom,. it was sald, had not been developed, but an early de- cision was forecast. His Musical Ear. From the Kansas City Star. “I practice five hours a day.” said the planist on the second floor, “and it makes my fingers sore.” “Is that why you wear the boxing gloves while you play?” inquired the man who lives in the apartment just below, Main 2790 Col. 2000 | secretary and disbursing officer of the in | time is obscrved will be advanced the | STAR, WASHINGTON, 1923. Kerr Branch of Richmond, Va., and Mrs. James T. Morris of Minneapolis, Minn., as members of a commission to | arrange for the establishment of a national military park at Yorktown, Va., ag provided by an act of Congress approyed March 2, 1923. Maj. Daniel D. Pullen, Corps of En- gineers, at Norfolk, Va., will act as D. C, WEDNESDAY, Treasurer Wanted for Local- Concern Experienced in Mail Order Busines ikred and must be abis to §ite bo 0 ive bond. Sition will atand Tigid nvertigation, Call Franklin 7398 for Interview. | Night phone, Franklin 9218. .1 NO LOSS TO ANY INVESTOR IN 50 YEARS APRIL 18, [ The Yearly Losses v insecored investments aggregate milijons —Our— First Mortgage Notes Bear a record of 100 per cont safe. Never bas one of our ciients lost as much as #ing'a peony in either principal or interest. We Have on Hand A iimited amount in desominations of $250 Up to $5,000 Bearing 7% Interest - For Full Particalars Apply Good sal ment re- Propo- commission. How to Accumulate $48,000 . which open | New | coiucide with those | liSecietany WWosks Names toommin] t 46th Street | Lowest ILiates of Interest and Commission. | sher & Ci » lac, isher ‘ompany, H ecured by firat aeed of trust on real estate. | & Trost & F nw ! in 20 Years Y investing $100 a month for 20 years in our 6%2% First Mortgage Bonds you can accumulate $48,028.87. Yet you will have paid in less than half that amount; bond interest, compounded, accounts for the balance. Principal Invested...... Interest Earned . Total Accumulation.. An investment of any amount from $10 a month upward will result in a proportionate accumulation. Chas. D. Sager 924 I4th St. N.W. MORTGAGES The Safest Security on Earth ..$24,000.00 24:025:87 Every mortgage $48,028.87 % of the market the property is less than value of 1. Absolute safety. 2. Reliable security. 3. Liberal income. 4. Insurance against loss. 5. Protection against de- preciation, Prompt payment of in- terest. Repayment of principal in full at maturity. Choice First Mortgages $100 $250 $500 Call or write for information William S. Phillips 15th & K Sts. Main 4600 Call, write or phone Main 6464 for a free copy of our new illustrated booklet, “How to Build an Independent Income.” e F.H.SMITH CO. ‘Tounded 1873, FIRST MORTGAGE INVESTMENTS 1414-1416 EYE STREET, N. W. 0. NO LOSS TO ANY INVESTOR IN 50 YEARS FINANCIAL. PHIL The wnnual Alexsudria, ck noon on THURSDAY, the 3d day of 1 irpose of electing & hoard City of Baltimore 4’s 1924.30 To Yield 4.15% 5’s 1936-37 To Yield 4.20% perwiitting any viec president. in tie absence of the presiden ansacting wuch ather busiugss o5 may prop- erly come before the meeting. Transfer books | will be closed on April 23 at 4 o'clock pm aud will be reopened on May 8 at 10 o'clock | a.un. By order of 1 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 pro- tection. Courteous lrent ment. Percy H. Russell Co. S.W. Cor. 15th & “K” Sts. GRaHAM. PARSONS X% Co. PHILADELPHIA New York WASHINGTON Telephone: Main 2655 1f You Believe in the United States You Believe in Washington! Per Cent First Trust Notes Always at Par Notes $100, $250 $500, $1,000 813 15th St. N.W. The Spirit and Performance of “Maximum Service” The successtul modern realtor is con- stantly appraising his cach day’s work for its effect on its future reputation and standing in his community. To him a sale is not completed. but is only begun when he has closed the immediate transaction between the buy- er and the seller, or landlord and tenant. His ultimate object in his every transac- tion is to permanently secure the friend- ship and respect of cach party to the sale or lease. tle wisely seeks to acquire this friend- <hip, not through mere personality or social pleasantry, but through the more substantial and enduring medium—val- uable service conscientiously rendered. In purchasing a home or business property—In leasing an apartment or business location—uwe can give you helpful advice and assistance His attitude toward service involves hoth the spirit and performance. His conception of the spirit of service in- cludes courtesy—genuine personal inter- est in the problems of the client—and o, sincere desire to give helpiul advic competent performance. and His conception of competent perforii- ance not only embraces thoroughness and care in the handling of all details of a transaction—it also recognizes the ob- ligation to provide, for the benefit of the that complete and accurate and information concerning client, knowledge realty matters which the realtor must possess if valuable service is to be ren- dered the client. MecKeever ana Goss REALTORS 1415 Eye Street. N W. Telephone Main 4752 Maximum Service™ . (Coprright, 1028, McKcever & Goss.)